K1 Global, K1 Fund and K1 Invest. Well, - just key… It’s never easy handling out advice, whether it’s invited or uninvited. The worst, when this advice is directed to the person who’s some kind of YOUR tutor, coach, “and the Guru”. And you are just the member of huge “cambada dos inuteis”. Either way, the odds are good that I (i.e. ‘the receiver’) doesn’t actually take it, even after they’ve (see the previous pictures) spent at least one day (the yesterday) reciting to me theirs ‘best lines’. I speak here about the козлиная упрямость (i.e. the alien stubbornness), - which, by the third time are proposing to me, through the www.workinglinks.co.uk. Position to clean the future shit of Mitre stables. Maybe it’s because my face the colour of chestnut? I don’t know. But, when the “City of London Corporation” culture offer, to my valuation, the face of “ponta-de-lança” from the present German team, - I smell rats… It’s true, it’s me, who listen, then puckered brow, then shaking head – start to cite a long, drawn-out list of reasons why I (!!!!!) who’s just can’t put YOURS plan in action. It’s doesn’t matter if Repsol gas blow yesterday in Amarante. I read these 45 minutes after the sending through the internet my Blog “Oí?” (Guilty in that that I should put the “exclamation” in place of “interrogation”…) My “dear co-workers”, - isn’t this a good time to conclude a number of unpleasant cases? And, simply try to achieve the final address for the several of our important issues?
Amarante: wounded by explosion in critical condition. 05/07/2010 - 11:49 h. One of two wounded in an explosion yesterday at a restaurant in Amarante is in serious condition at the Hospital of St. John. Is "in grave situation" one of two men injured following an explosion at a restaurant in Amarante yesterday. The man, 55 years, with burns of 1. And 2. Degrees on the face, trunk and abdomen, adding 35 percent of the body, is hospitalized in Intensive Care Unit Service Emergency Hospital of St John in Porto, Lusa reported. The second wounded, "was admitted to the general surgery service," without further details. This man, 65, has also burns 1. And 2. Degrees, but to a lesser extent, particularly in the face, forearms and hands. The explosion at the restaurant said to have originated in a gas cylinder, and the building was totally destroyed on the inside and the fire spread to other areas near the establishment. "In principle, the explosion has been caused by a gas cylinder. It was a building with ground-floor, first and second floors. The fire spread quickly because the building is quite old, "reported the commander of the Volunteer Firemen of Amarante, Jorge Rocha. Military aircraft caught fire on takeoff in Romania, 8 people died. RIA "News " 05/07/2010, 19:58. Military aircraft caught fire on Monday during takeoff from the airfield in the city of Tuzla in the south-eastern Romania, told Reuters referring to local media. According to the TV Realitatea, on board the plane were 11 people. According to preliminary data, the incident killed eight of them, but the power this information has not yet confirmed. Other details of the incident were not disclosed.
BP Plc, seeking cash to meet the costs of the worst U.S. spill, is considering selling fields in Colombia, Venezuela and Vietnam, a person with knowledge of the matter said.BP may also dispose of its 60 percent holding in Pan American Energy LLC, Argentina’s second-largest oil producer, the person said, declining to be identified because the information is confidential. The London-based company has a gas field and pipeline in Vietnam and holds stakes in three production ventures in Venezuela. BP is a partner in Colombia’s two biggest oil fields, where production peaked in 1999. The oil spill in the Gulf of Mexico has so far cost BP $3.12bn (£2bn), the company said this morning as it emerged that the oil giant is demanding that its partners in the well pick up at least part of the bill. Last month, BP sent out demands for almost $400m to Anadarko and Japan's Mitsui Oil Exploration Company, both of whom are minority shareholders in the well. That is equivalent to 40% of the $1bn BP said it spent in May. Anadarko owns 25% of the well and Mitsui has 10%.
FRANCE: Alain Joyandet, secretary of state for overseas development and Christian Blanc, state secretary for the Greater Paris region stepped down on Sunday evening.
K1 fund manager kills himself. in Berlin. July 5 2010 16:37. A man arrested in connection with an investigation of an alleged €300m Ponzi scheme involving Germany’s K1 hedge-fund group has committed suicide, state prosecutors in the southern German city of Würzburg said. A spokesman for the prosecutors said Dieter Frerichs, managing director of K1 funds K1 Global and K1 Invest, shot himself on Saturday as Spanish police tried to detain him after a Madrid court ordered his extradition. Mr Frerichs had been arrested in Spain mid-April and released conditionally as part of a German probe into K1’s founder Helmut Kiener, who has been detained without bail in his home town of Würzburg since late last year. German prosecutors claim Mr Kiener and several associates defrauded small-time investors and Barclays, BNP Paribas and JPMorgan of more than €300m ($375m), funnelling funds into their own pockets via a web of entities. Since Mr Kiener was arrested last October, K1 Global and K1 Invest, based in the British Virgin Islands, have filed for liquidation. Liquidators Grant Thornton said in December that at least the latter fund looked to be worthless. Mr Kiener has repeatedly denied any wrongdoing while acting as an adviser to the funds. His Munich-based lawyer Lutz Libbertz was not immediately available for comment by telephone and did not reply to an e-mail. Prosecutors claim Mr Kiener paid for a lavish lifestyle – including Miami property and private planes – using funds from private investors and big banks, which he had won with the pledge of investing them in hedge funds. Although authorities have widened the number of suspects from two to four, it remains unclear how long the investigation will continue and what – if any – criminal charges prosecutors will file against Mr Kiener and others.
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