Hell! Who’s the Andy?

Hell! Who’s the Andy? It’s a little bit tempting to adopt a role of a model. Than like a boy look for guidance or start listen very attentively “someone” unsolicited advise. Nhaa! The reality is completely different. The reality is the letter receiving from “HM Revenue & Customs” (Tax reference: 921/LDN), reality is the dreams in which I’m observing the four (!?) lesbian ‘esfregar-se a frent dos meus olhos’ (in parallel with dream of terrible pain in my tooth). The reality is the pertinent question hovering all yesterday: Hell! Who’s the Andy? I tell you what: I don’t care, and I not willing to bother anymore. I grab that “the merry-go-round ring”. Now is yours turn to consult my opinion. Because, the personally, what I need from yours, is not approval; by my contentment.

Got a funny, exciting or crazy story?‏ From: Windows Live Hotmail Team (communications_msn_cs_enuk@microsoft.windowslive.com) Sent: 20 January 2010 04:17:12. To: My e-mail.

JSC Kogalymavia (Fleet size: 11, Destinations: 12), the firm based in Airport of Surgut, the name of the crashed plane is Surgut also.
Iran jet catches fire on landing. A plane carrying pilgrims in Iran has caught fire while landing at Mashhad, in the north-east of the country. State media said almost 170 people were on board and that at least 46 were injured. There were no reports of fatalities. The plane, a Russian-built Tupolev 154 owned by Taban Air, suffered serious damage as it landed, losing its undercarriage and a wing. The rear end of the plane broke up after the passengers were evacuated. Reza Jafarzadeh, spokesman for Iranian civil aviation, said the plane had left the city of Abadan, in south-west Iran, on Saturday, but bad weather had forced it to land in the central city of Isfahan for the night, according to state television. After taking off again on Sunday, the captain was forced to make an emergency landing in Mashhad because of a passenger's health problems, he said. As it landed in fog at Mashhad airport, the tail of the plane hit the ground and the plane skidded off the runway. Iranian news networks released pictures of the tail of the plane burning, with smoke billowing from the end of the plane. There have been a number of accidents involving Iranian aviation over the last few years. Its civil fleet is made up of old planes in poor condition due to their age and lack of maintenance. Last July a passenger plane burst into flames while landing in Mashhad, killing 17 passengers. 10 days earlier, a Tupolev plane had caught fire mid-air and crashed in northern Iran, killing all 168 people on board. That incident was the third deadly crash of a Tupolev 154 in Iran since 2002.

Tanker collision sends oil into Texas waterway. 12:31am EST. HOUSTON (Reuters) - A barge collided with a tanker on Saturday in the port of Port Arthur, Texas, sending thousands of gallons of crude oil into the water, the U.S. Coast Guard said. The tanker was carrying crude oil to Exxon Mobil Corp's refinery in Beaumont, Texas, located north of Port Arthur. The waterway, through which tankers carry oil to four refineries in Port Arthur and Beaumont, Texas, remained shut on Saturday night. A 15-foot-by-8-foot (4.6 meter-by-2.4-meter) hole was torn in the side of the 807-foot (246-meter) tanker Eagle Otome in the collision with a barge being moved in the port, the Coast Guard said. No injuries were reported due to the crash. Vapors from the estimated 450,000 gallons of spilled crude oil triggered warnings of a hydrogen sulfide release near the port where three refineries are located, leading authorities to recommend nearby residents leave their homes. "I think about 12 people went to the shelter," said Port Arthur Police Chief Mark Blanton. "The vapors quickly dissipated." The crude oil spill was being contained by booms put out by state and federal environmental agencies. The remaining crude oil on the Eagle Otome will be loaded on another ship and the tanker will be moved out of the waterway by early next week. Refineries in Port Arthur and Beaumont have a combined refining capacity of 1.15 million barrels, equal to about 6.5 cent of the total U.S. capacity. None of the refineries in Port Arthur and Beaumont have reported problems since the waterway was closed. Refineries store significant amounts of crude oil in giant tanks on their grounds.

Message: Knowing the limits.

Message: Knowing the limits. When the potential changes in my lifestyle (“work”) were first discussed, I recognize of course that they past weeks, where quite wise. But still, I never anticipated (however be ready I’ve been), that they become so far reaching. And so awfully complex. How they turned to be pretty heavy and deeply exhausting. It’s like in place to winning the lottery – all you had is a resulting uncertainty. Wasn’t too a completely bad idea to aiming higher possible. Because, the resulting major shifts, at least prove the seriousness to be under employed. Well, at other hand, the correct reason that sometimes things can get said in the heat of the moment, which (how we see in “Accessing the ‘relationship’ where “I am in””.) are left unspoken. It’s exactly why I am considering that this is ideal day to take a look at my monetary situation (or, like the Andy says:”The temporary financial disequilibrium, sort off…”) Pretending that I am with my banker and describing my situation as objective as possible, without underestimating what I’m BRINGING IN (and here I’ll quote what “my agent”, the Mister President of US Obama/ Prince Phillip/Trevor Edwards say: “…As we dig our way out of this deep hole, it’s important that we not lose sight of what led us into this mess in first place.”) Than, from my agents comes another quote: “…Banks will no longer be allowed to own, invest, or sponsor hedge funds, private equity funds, or proprietary trading operations for their own profit, unrelated to serving their customers. If financial firms want trade for profit, that’s something they’re free to do. But these firms should not be allowed to run these hedge funds and private equities funds while running a bank backed by the people.” Personally, I tell you what: The benefits of having a “share in something” – is not in doubt. Even when I don’t have a majority stake.

Scenarios - How Obama's bank reforms could affect banks. On 0:54 GMT, Friday 22 January 2010. NEW YORK (Reuters) - U.S. President Barack Obama is looking at limiting risk-taking at banks. But his proposals on Thursday were tantalizingly vague. He said he wanted to limit the amount of borrowing that banks can do relative to their peers and limit their trading activities to buying and selling securities to customers. But it is not clear whether relative borrowing limits will be low enough to force banks to reduce their debt. And the line between buying and selling securities on behalf of customers, and doing so on behalf of the bank, can be blurry. The White House has also said it wishes to prevent banks from investing in and sponsoring hedge funds and private equity firms, but it is not clear if banks will also be prevented from financing these clients, which can itself be risky. Wall Street firms are likely to fight any efforts at reform, and President Obama has lost some political capital after a bruising effort to pass health care reform, and losing a Senate seat in a special election in Massachusetts. Any legislation will take months if not years to wind its way through Washington, and predicting how it will the law will end up working is difficult. But here are some possible outcomes of Obama's efforts: KILLING IT SOFTLY On a conference call with journalists, Goldman Sachs Chief Financial Officer David Viniar said he had not seen details of Obama's plan, but that he generally appreciates government policies that stabilise the financial system. Experts said that banks were unlikely to publicly disagree with Obama, but are sure to furiously lobby behind the scenes to water down any proposal that the president and legislators put forward. Banks took similar steps when rulemakers and lawmakers sought to move more derivatives trading onto exchanges and into clearinghouses. Although trade groups initially said they supported efforts at reform, proposals now look likely to be watered down. Obama's efforts to reduce risk taking could meet a similar fate. Whether that is a good thing is debatable. Major banks including Lehman Brothers (NYSE: LEH - news) took large proprietary bets that resulted in big losses, and in Lehman's case, forced it into bankruptcy. But many bank executives are quick to argue that if they can't do this kind of trading, foreign banks and unregulated domestic entities will, which may not reduce systemic risk. GRAY HAIR TRIUMPHS A number of elder statesmen of the financial world, most notably former Federal Reserve chairman Paul Volcker, believe that Obama is right, and that large banks should be severely constrained from making bets with their own funds. Obama seems keen to personally shepherd these changes through Congress, and given the populist outcry against Wall Street, he may have the political capital to do so. If he is successful, the biggest banks will likely shrink further. Obama's fee on bank's liabilities, announced last week, may collect less money than originally planned. Talented risk-taking traders will move to hedge funds and private equity firms, where their failures could have less of an impact on the broader market. Trading volume on major exchanges and in many financial markets may drop, because smaller players will have less capital available to consistently trade. Shares of exchanges dropped on Thursday -- NYSE Euronext dropped 3.9 percent, while CME Group Inc fell 5.8 percent. The biggest banks will likely become even less profitable, and more like staid, slow-growing utilities that pay high dividends to shareholders. One question that remains is how far Obama will go in limiting banks from risk activities. Will a bank holding company be allowed to own a hedge fund, even if the regulated bank subsidiary cannot? Will commercial banks be barred from all investment banking activities? Will foreign banks that operate in the United States be constrained? Also unclear is whether some institutions, such as Goldman Sachs (NYSE: GS - news) , will be able to shed their bank charters to avoid restrictions on trading. Goldman Sachs CFO Viniar said on a conference call that the bank has no plans to get rid of its charter. Many investors believe it ought to, but regulators may balk at a move that would give them less oversight over a company whose health is critical to the financial system. RULES CHANGE, BUT BANKS BACKSLIDE Even if Obama successfully implements his risk limitations, banks may find ways around them. Banks, for example, could buy securities and claim they were doing so in anticipation of client demand, when in fact they intended to make bets on the securities and hold onto them themselves. Or bank holding companies could engage in risky activity that leaves their subsidiary banks worse off. But if regulators are sufficiently vigilant, and limit risk-taking across many businesses in the financial sector, the brainpower that Wall Street devotes to finding loopholes may migrate to other sectors of the economy. From Obama's standpoint, this may be the most positive scenario.

Three missing as helicopter crashes in sea off Almería. .By h.b. - Jan 22, 2010 - 6:37 AM. Three people are missing after a helicopter fell into the sea five nautical miles off Almería. Emergency services sources say they received a phone alert from the Almería Airport control tower at 8,30pm on Thursday night. Flares were spotted from the area the copter is thought to have gone done after radio and radar control was lost. Four people where travelling in the ‘Helimer’ helicopter, and El Mundo reports one of whom was rescued in a serious condition. They had gone to carry out some flight manoeuvres with the ship ‘Névola’. The cause of the accident is unknown and a search continues in the area.

Portugal preocupado com comparação com a Grécia. Portugal apresenta uma dívida pública elevada, mas não se encontra na situação de países como a Grécia e a Irlanda. A conclusão é da CNBC, que indica que Portugal está preocupado com a "colagem" da sua imagem à da Grécia. À cadeia de televisão norte-americana, o Governador do Banco de Portugal afirma que "Portugal não é dos piores países". Portugal apresenta uma dívida pública elevada, mas não se encontra na situação de países como a Grécia e a Irlanda. A conclusão é da CNBC, que indica que Portugal está preocupado com a “colagem” da sua imagem à da Grécia. À cadeia de televisão norte-americana, que fez uma reportagem em Lisboa com o tema, o Governador do Banco de Portugal afirma que “Portugal não é dos piores países”.

Coral Water.

Coral Water. Detroit Auto Show Evacuated Due to Fire. POSTED: 1:54 P.M. JAN. 21, 2010 | UPDATED: 6:48 P.M. JAN. 21, 2010. FREE PRESS STAFF WRITERS. No one was injured and there were no reports of significant damage from an electrical fire at a Detroit auto show exhibit that shut the event down for a few hours today, officials said. The fire, which spread smoke throughout Cobo Center and forced the evacuation of the main showroom, began in scaffolding and high-powered lights in the ceiling above the Audi exhibit, officials said. Audi employees quickly moved away spectators and vehicles, including a $175,000 R8 Spyder, from the automaker’s staging area. Shand Spencer, a spokeswoman for the North American International Auto Show, said the show reopened about 5:30 p.m. Organizers offered replacement tickets to those who didn’t want to wait out the reopening today. Karen LaDucer and Sherry Fredericks, administrators at the College for Creative Studies, said they were taking a quick tour of the show before their shifts working the school’s vehicle design booth when they saw and smelled something amiss. Just after they walked into the main showroom, LaDucer saw a small fire in the ceiling above the Audi exhibit. “It looked like flames from a gas grill,” LaDucer said. Spencer said the fire was quickly contained and the exhibit area evacuated as a precaution. Kelly Strong, 23, a student at Ohio University, saw flames going up fast in the ceiling above the Audi exhibit. “The Audi employees tried moving people off the floor, and started moving the cars,” she said. “The flames really spread fast. They did a good job making sure people got out of there.”

Столкновение танкера-химовоза и парома в Ла-Манше. Thursday, January 21, 2010 More articles in Аварийность и ЧП 21 января в Ла-Манше столкнулись танкер-химовоз Coralwater и паром Pride of Kent. Похоже, без серьезных последствий, известно лишь, что у танкера помяло релинги по левому борту на грузовой палубе. Танкер-химовоз Coralwater – дедвейт 3347, постройки 1995, двухкорпусник, флаг Голландия, владелец голландская Clearwater Group. Паром ро-ро Pride of Kent – валовая 22986, постройки 1991, флаг Англия, владелец The Peninsular and Oriental Steam Navigation Co.

Lucros do BES crescem 25,7% em 2009. O Banco Espírito Santo (BES) deverá ter terminado o ano de 2009 com um resultado líquido de 505,8 milhões de euros, o que representa uma subida de 25,7%, estima o Caixa BI. A suportar os números do banco deverá estar a estabilização das receitas com comissões, os ganhos de "trading" e as perspectivas positivas na actividade internacional.

Bulgaria's Jeleva withdraws nomination under pressure. 19 JANUARY 2010 - 14H40 EUROPEAN COMMISSION. Bulgaria's Rumiana Jeleva (pictured) has withdrawn her bid to become EU Commissioner and has stepped down from her post as foreign minister after EU Parliament members accused her of incompetence in a hearing last week. By News Wires (text)

Get be noticed at work.

Sleepy Hollow.

Sleepy Hollow. How can I draw your attention to my highlighted key points if this wasn’t the elementary truth? There is nothing especially exceptional about the condition which is rising to desirable developments. If you don’t fire a match, there can be no blazing fire. Without a firm foundation, there can be no permanent ‘Grande Design’. Without sea, there can be no boat. Without a sky, there can be no Glugovsky. Who are in the middle of negotiations’, striking the deals, and forging agreement? Perhaps I, who are signing the contract/s? No. I’m yet let to “someone” think there’re in control of my life. Maybe they never assist this scene, where the man is telling them, for thousand times: This looks good. Let me look into it… And my offer is something unique, although the Project by self is going to require more adjustments to get just right, and make the numbers work. Maybe some still need a couple of hundredth years to wait for something even better to come along?

Votorantim tem interesse na Cimpor mas descarta OPA. 19/01/10 11:19. O grupo Votorantim é, tal como a Camargo Corrêa, um conglomerado de empresas que vão desde a mineração (é o maior produtor de zinco do Brasil) até à agroindústria (faz parte dos maiores produtores de sumo de laranja concentrado), passando pela energia, pasta e papel, siderurgia, e finanças. Em 2008 a Votorantim Cimentos teve receitas líquidas de 7724 milhões de reais (3033 milhões de euros, ao câmbio actual). Em 2001 adquiriu a St. Marys Cement, com activos nos Estados Unidos e no Canadá, é dona de 50 por cento da Suwannee (EUA) e tem 15,2 por cento da chilena Bío Bío. A Votorantim é ainda parceira da Camargo na construção de uma fábrica de cimento no Paraguai, estando as duas empresas também associadas no capital da Usiminas, concorrente da CSN. A Votorantim informou hoje o mercado que não vai avançar nem com uma OPA nem com uma proposta de fusão sobre a Cimpor. No entanto, adianta que desde 2008 mantém contactos com accionistas com vista à aquisição de uma posição minoritária. "A Votorantim informa que não se encontra a ponderar, a analisar ou a estudar a publicação de qualquer anúncio preliminar de oferta pública de aquisição da Cimpor nem uma eventual fusão da Votorantim, ou de sociedade consigo relacionada, com a Cimpor". Foi esta a resposta da cimenteira brasileira ao pedido de esclarecimentos da parte da CMVM. Num comunicado com três pontos, o grupo brasileiro revela, contudo, que nos últimos dois anos manteve contactos com accionistas da cimenteira portuguesa com o objectivo de comprar uma posição inferior a 33% do capital que, segundo as leis do mercado, não a obrigaria a avançar com uma OPA. "A Votorantim mantém desde 2008 contactos directos e individuais com accionistas detentores de participações qualificadas na Cimpor, tendo abordado a eventual aquisição pela Votorantim de uma participação minoritária que representaria sempre menos do que 33% do capital social e dos direitos de voto da Cimpor", lê-se no mesmo documento. O interesse do grupo brasileiro ganhou outra dimensão "após as notícias vindas a público a respeito do surgimento de divergências entre alguns accionistas". Foi nessa altura, em Setembro de 2008, que a Votorantim contratou o Deutsche Bank e uma sociedade de advogados para prestarem assessoria financeira no âmbito de um eventual negócio com a Cimpor. Entre os principais accionistas da Cimpor estão a Teixeira Duarte (22,9%), os franceses da Lafarge (17%) o empresário Manuel Fino (10,7%), a Caixa Geral de Depósitos (9,6%), o BCP através do seu fundo de pensões (10%), a Bipadosa (6,5%) e a Cinveste (4,1%). Os esclarecimentos da Votorantim surgem numa altura em que dois grupos brasileiros assumiram que estão na corrida pela Cimpor: a CSN lançou uma OPA com uma contrapartida de 5,75 euros por acção e, na resposta, a Camargo Corrêa propôs uma fusão com a cimenteira que foi chumbada pela CMVM.

BRAZIL'S PETROBRAS TO BUILD HUGE REFINERY WITH MARUBENI'S HELP. SAO PAULO, Jan 18, 2010 Company: Marubeni Corp. (MARUY) Brazil's state-run oil company, Petrobras, said Thursday that it has obtained environmental permits and completed the required paperwork to begin constructing what will be the nation's largest oil refinery. Located in the northeastern state of Maranhao, the refinery will be capable of processing 300,000 barrels of oil a day when it starts operating in 2013. By 2015, its capacity will be expanded to 600,000 barrels a day. Construction of the refinery will cost an estimated US$20 billion. Petrobras has reached a broad agreement with Japanese trading firm Marubeni Corp. (TSE:8002) to help finance the project. Marubeni's stake will be ironed out later, but Petrobras reportedly hopes it will make an investment of around 20 per cent. The state-run oil company will also seek funding from the Japanese government. Brazil has been working to become self-sufficient in terms of oil. Now that the nation is ready to begin tapping deep-ocean oil reserves, attention has shifted to an expansion of exports as well. Petrobras plans to use the new refinery to make diesel oil, jet fuel, naphtha and other petroleum products, which it hopes to export to Japan.

LONDON (Reuters) - European shares turned positive in afternoon trade on Tuesday, tracking gains on Wall Street, with drug makers and food producers among the top risers.Stocks in Europe. Jan. 19 (Bloomberg) -- Stocks fell in Europe and Asia as companies from France’s Alstom SA to Aluminum Corp. of China reported results that disappointed investors. The yen rose and U.K. government bonds dropped. The Dow Jones Stoxx 600 Index slipped 0.8 percent at 11:49 a.m. in London and the MSCI Asia Pacific Index declined 0.7 percent. Futures on the Standard & Poor’s 500 Index retreated 0.3 percent. The yen advanced against all but three of the 16 most-traded currencies. Gilts tumbled after the U.K. inflation rate increased by the most on record. Stocks on the MSCI World Index are trading near the highest level compared with earnings since 2002, raising concern valuations may have outpaced profit growth. As many as 65 companies in the S&P 500 are scheduled to release quarterly results this week, starting with Citigroup Inc. today. German investor confidence declined more than economists estimated in January as the economic recovery showed signs of losing momentum, an industry report showed. “The earnings seasons is disappointing, or at least not delivering to the high expectations of some people,” said Francisco Salvador, a strategist at Dexia Iberian Equities in Madrid. “The market is turning more defensive.” The MSCI World gauge fell 0.6 percent. Aluminum Corp. of China, known as Chalco, declined 0.2 percent in Hong Kong after saying it expects to post a net loss for 2009. Mitsubishi UFJ Financial Group Inc., Japan’s largest publicly traded bank, slipped 2.4 percent in Tokyo after Barclays Plc said banks’ income from lending may slump. Asian Stocks. Losses in Asia were limited after Hong Kong’s Hang Seng Index doubled its gain to 1 percent on a report in Caijing magazine that Shanghai, China’s financial hub, is considering allowing individuals to invest abroad. In Europe, six companies on the Stoxx 600 index fell for every one that gained. Alstom SA, the world’s second-largest train maker, sank 4.6 percent and Casino Guichard-Perrachon SA slid 1.5 percent in Paris after reporting sales that trailed analysts’ estimates. HSBC Holdings Plc paced a retreat among banks, falling 2.2 percent in London after Exane BNP Paribas recommended selling the shares. Volkswagen AG, Europe’s biggest automaker, dropped 2.2 percent in Frankfurt after predicting a “challenging” year in its light commercial-vehicle division. The ZEW Center for European Economic Research said its index of investor and analyst expectations in Europe’s largest economy, which aims to predict developments six months ahead, fell to 47.2 from 50.4 in December. Economists predicted a drop to 50, according to the median of 37 forecasts in a Bloomberg News survey. Cadbury Takeover. Cadbury Plc jumped 3.4 percent after Kraft Foods Inc. agreed to buy the chocolate maker for an increased $19.5 billion. The cost of insuring bonds sold by Uxbridge, England- based Cadbury with credit-default swaps fell 22.5 basis points to 54, the lowest level since October, according to CMA DataVision prices. Futures on the S&P 500 indicated the benchmark U.S. gauge may decline. U.S. markets were closed yesterday for the Martin Luther King Jr. holiday. Kraft slipped 0.7 percent in German trading. Citigroup, whose biggest shareholder is the U.S. government, was little changed before releasing fourth-quarter results at 8 a.m. in New York. International Business Machines Corp. will also report fourth-quarter earnings today after the market closes. The biggest stock market rally since the Great Depression boosted the S&P 500’s price-earnings multiple to 25 last week from 10.1 in March, the lowest in a quarter-century, data compiled by Bloomberg show. Yen Rallies. The yen gained 0.8 percent against the Swiss franc and 0.5 percent versus the euro. The pound advanced against all 16 of its most-traded counterparts, strengthening 0.5 percent versus the dollar and 0.6 percent compared with the euro. Copper rose 0.3 percent to $7,520 a metric ton on the London Metal Exchange, after reaching a one-week high of $7,608. Crude oil gained 0.2 percent to $78.15 a barrel in New York, after earlier falling 1.2 percent. Platinum gained as much as 1%.

High like a kite…:
Microlight pilot Martin Bromage dies on first leg of charity flight to Australia. The body of a microlight pilot has been recovered off the French coast just hours after he set off on on a solo charity flight to Australia.Martin Bromage, 49, took off yesterday morning but contact with him was lost over the Channel. A spokesman for Dover Coastguard confirmed that his body had been found by a French patrol boat at 10pm last night, two miles from Boulogne.
Prince William urged to help improve Aboriginal lives. Elders at community centre in Sydney present royal with petition calling for monarch's intervention to boost living conditions
Prince William was urged to help improve living conditions for Aborigines on the first day of his trip to Australia today.

1.1 billion of stake up – and the business go. Kraft snares Cadbury for $19.6 billion. 6:59am EST. 14 minutes ago‎. LONDON (Reuters) - Kraft Foods agreed a deal to buy Cadbury for around 11.9 billion pounds ($19.6 billion), creating the world's top confectioner after frantic last-minute talks broke an impasse over price. Kraft's CEO Irene Rosenfeld had to inject more cash into her bid and drop the number of new Kraft shares in the offer to win over Roger Carr, chairman of the 186-year-old Cadbury and mollify her top shareholder, billionaire investor Warren Buffett. Kraft's cash-and-share acquisition, which dealmakers said was struck after all-night negotiations at the London headquarters of investment bank Lazard, values each Cadbury share at 840 pence, with shareholders also set to get a 10p special dividend, bringing it to a total of 850p. The enlarged group will pip privately owned Mars-Wrigley to the title of the world's top sweet maker, bringing under one roof Cadbury's Dairy Milk chocolate and Trident gum and Kraft's Milka, Toblerone and Terry's chocolate brands. Cadbury shares hit a record high of 838 pence in early trade and were up 3.3 percent 834.5p by 1154 GMT (6:54 a.m. EST). "

Kraft snares Cadbury for $19.6 billion.

Kraft snares Cadbury for $19.6 billion. 6:59am EST. 14 minutes ago‎. LONDON (Reuters) - Kraft Foods agreed a deal to buy Cadbury for around 11.9 billion pounds ($19.6 billion), creating the world's top confectioner after frantic last-minute talks broke an impasse over price. Kraft's CEO Irene Rosenfeld had to inject more cash into her bid and drop the number of new Kraft shares in the offer to win over Roger Carr, chairman of the 186-year-old Cadbury and mollify her top shareholder, billionaire investor Warren Buffett. Kraft's cash-and-share acquisition, which dealmakers said was struck after all-night negotiations at the London headquarters of investment bank Lazard, values each Cadbury share at 840 pence, with shareholders also set to get a 10p special dividend, bringing it to a total of 850p. The enlarged group will pip privately owned Mars-Wrigley to the title of the world's top sweet maker, bringing under one roof Cadbury's Dairy Milk chocolate and Trident gum and Kraft's Milka, Toblerone and Terry's chocolate brands. Cadbury shares hit a record high of 838 pence in early trade and were up 3.3 percent 834.5p by 1154 GMT (6:54 a.m. EST). "We believe this is a very well-priced, and well-structured, deal from a Kraft perspective and we expect Kraft's shares to open higher this afternoon which could push the value of the offer above 860p," said Panmure Gordon analyst Graham Jones. Kraft shares traded in Frankfurt were up 0.4 percent. The new bid, which won unanimous recommendation from the Cadbury board, consists of 500p of cash and 0.1874 new Kraft shares, compared to Kraft's original offer of 300p cash and 0.2589 new Kraft shares, which valued the shares at 745p in September, when the deal was first proposed. Buffett, who owns a 9.4-percent stake in Kraft, had warned Rosenfeld not to overpay and issue too many new Kraft shares, and Kraft responded on Tuesday by saying it was issuing 265 million new shares compared with its original plan to issue 370 million. "We have great respect for Cadbury's brands, heritage and people. We believe they will thrive as part of Kraft Foods," Rosenfeld said in the offer statement. She increased Kraft's annual cost savings target to at least $675 million by year three, up from $625 million, but made no mention of possible job losses at Cadbury 46,000 global workforce. She told Reuters in an interview that she found additional synergies after speaking to Cadbury's Carr. One leading Cadbury investor, Standard Life Investments , with a just-under-1-percent stake, said it supported the board's decision to recommend the Kraft offer. "We are supportive of the management's decision although the achieved price is slightly light of our stated target," said David Cumming, head of UK equities at Standard Life. COUNTERBID NOT SEEN. Analysts say a counter bid for Cadbury is unlikely. The UK Takeover Panel gave Hershey , the U.S.-based maker of Hershey's Kisses and Reese's peanut butter cups, and Italy's Nutella chocolate spread and Tic-Tac candy maker Ferrero until January 25 to make a firm bid. Cadbury shareholders now have until February 2 to decide whether to accept a deal that values the shares at 13 times the group's estimated earnings before interest, tax, depreciation and amortization in 2009. "Looking at precedent transaction multiples around 15 times, if Kraft can get one of the best consumer staples for 13 times, then good luck to them. It gives Kraft the growth engine they've been craving for years," said analyst Warren Ackerman at brokers Evolution Securities. Kraft said the deal would be accretive to 2011 earnings by around 5 cents on a cash basis and give a mid-teens percentage return on investment, well in excess of Kraft's cost of capital. Cadbury unions have opposed the move fearing big job cuts and UK politicians have also weighed in, with general elections looming, and UK Prime Minister Gordon Brown told a news conference after the deal was announced that he wanted to protect investment and jobs at Cadbury. "The one thing I want to say is this: we are determined that the levels of investment that take place in Cadbury's in the United Kingdom are maintained," he said. Felicity Loudon, a fourth generation member of Cadbury's founding family was appalled that the iconic chocolate maker looked destined to fall to Kraft, and believes that jobs will be lost and that Cadbury chocolate will never taste the same. "I'm horrified, we shouldn't give up. I just think there's a cultural imbalance. For a quintessentially, philanthropic iconic brand to sell out to a plastic cheese company - there's no mix there," she told Reuters.

High like a kite…

High like a kite… In times of “a new” horizon’s widening, like today, my instincts are humming through. Good for you, because I’m old and wise enough to pay attention to them. It’s Monday 18, mean I’m real and “in this UK” – High like a kite… You with me are like the Odi (the pet of Liz – you know who “she” is…) and can fly away wherever you want. By the two stores’ Airbus, or solo. Important though, is feel strong and centered. And having a simple reason for this: - the universe and universal nepotism are favored by the current influences in the “selfless” acts.

5 dead in hospital blast. Jan 18, 2010. KIEV - AT LEAST five people were killed on Monday when oxygen canisters exploded in the intensive care unit of a Ukrainian hospital and caused several floors to collapse, officials said. 'As a result of a violation of security rules in the intensive care unit of hospital number seven of Lugansk, oxygen canisters exploded,' it said in a statement. 'Several floors of the hospital collapsed,' it said. Ukraine's emergency situations ministry said that as a result of rescue efforts 'three people have been saved and the corpses of five people have been extracted'. The health ministry said in a statement that 261 patients and 350 medical personnel were in the hospital at the time of the blast. It said seven people had so far been rescued from the rubble. Local Internet newspaper Vostochny Variant said the third and fourth floors of the building had collapsed onto the second. – AFP.

Rightwinger Sebastián Piñera wins Chile presidency. Chilean right steps out from shadow of Pinochet to win power democratically for the first time since 1958. The billionaire Sebastián Piñera won Chile's presidency yesterday to become the country's first democratically elected rightwing ruler in 52 years, vowing to make Chile "the best country in the world". Piñera's triumph over the former president Eduardo Frei ended over two decades of rule by the centre-left coalition that followed Augusto Pinochet's brutal dictatorship, and marked a tilt to the right on a continent dominated by leftist governments.