Manthorpe: Crash sours Russian hopes of a civilian aviation revival

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    Russia's efforts to regain the position as a world-class industrial nation that it lost with the collapse of the Soviet Union two decades ago suffered a serious setback last week when its much-vaunted Sukhoi Superjet 100 airliner crashed into an Indonesian mountain while on a demonstration flight.All 45 people on the plane ― crew, journalists, airline representatives and Russian diplomats ― were killed when it crashed into Mount Salak about 50 kilometres south of the Indonesian capital Jakarta.The Superjet 100 is the first commercial airliner developed and built by Russia since the collapse of the Soviet Union and is intended to compete with Canada's Bombardier and Brazil's Embraer in the market for regional carriers of up to 100 passengers.
    It is intended by the Russian government to be the first step along the road to the revival of the country's once-significant civil aviation industry and to spur the reindustrialization of Russia, whose economy for the past 20 years has become increasingly dependent on the sale of natural resources.So far, there is no judgment on whether the cause of the crash was a technical malfunction or pilot error.If the investigation shows the cause was human error, it will not be as serious a blow to the rebirth of Russia's aerospace industry as it would be if a design or construction fault is blamed.
    Russian President Vladimir Putin in 2006 flagged the Superjet 100 as a priority project and pushed the formation of a giant state aircraft holding company, United Aviation Corporation (UAC), to oversee the revival of the commercial aerospace industry.Fantino offshore banking documents fake: conflict commissioner.Russia has maintained a military aviation industry with modernized versions of old Soviet-era warplanes such as the Sukhoi SU-30 and the MiG-35. These have been sold both to the Russian air force and to China, India, Malaysia and Venezuela.There has been only limited development of new warplanes of which the most innovative is the Sukhoi T-50 stealth fighter-bomber being produced jointly with India.But now, Moscow plans to invest about $55 billion in aviation development by 2025. By that time, Moscow wants to be producing airliners to compete with the world's two major manufacturers, Boeing and Airbus, and to capture about 10 per cent of the global market.However, to achieve that, Russia is having to relearn and develop skills lost since the death of the industry that once produced Illyushin, Tupolev and Antonov aircraft.

    WatchGuard Goes Virtual with Security

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      WatchGuard Technologies, a global leader in business security solutions, today announced that it is leading the charge to own the global virtual security market with the launch of its entire line of content and network security products as virtualized solutions. This now gives WatchGuard customers and channel partners an unparalleled offering of both hardware and virtual security solutions to best meet their business needs.
      "For small and midsized businesses the cloud is real, and WatchGuard is ready to protect it," said Eric Aarrestad, Vice President of Marketing at WatchGuard Technologies. "Hardware-based security is great and will be the mainstay for many businesses. However, there are many businesses now that are taking advantage of virtualization. For them, WatchGuard will be in lock step to provide the best security offerings for virtual environments, too.""We own and operate VMware vSphere clusters in multiple locations to serve our clients," said Todd A Blank, Founder of YourColo LLC, an Ohio based Managed Services Provider. "All components are best of breed, from end to end. We call it the "Data Power Station" model. The idea is to deliver a consistently fluid end user experience."
      Blank continues, "While YourColo was recently designing and building a brand new DataPowerStation in Columbus Ohio, our goal was to be 100% virtual. To meet that goal, we evaluated many Virtual Security Appliances prior to WatchGuard's XTMv beta program. We were about to give up on the idea of virtualizing our security and content control. We had limited pieces of it in place, but not the whole picture. When we implemented XTMv in our lab, we were blown away by how right WatchGuard had gotten it! This fits our Multi-Tenancy models, and the needs of our clients who have HiPPA and SOX compliance challenges. The best part is, with WatchGuard's Virtual Appliances, we can meet multiple deployment and use requirements in the same vSphere cluster!"
      "Where their competitors made sacrifices to fit into the virtual paradigm, WatchGuard exploited the virtual paradigm to its fullest to introduce products that actually improve on the capabilities, flexibility, and features of their physical incarnations," concludes Blank.WatchGuard XTMv - Virtualized Extensible Threat ManagementFour editions of XTMv are being launched to meet the needs of small, midsize and large-scale distributed environments. This includes, XTMv Small Office edition, Medium Office, Large Office and Datacenter. These virtual versions provide the same type of high security offered by WatchGuard XTM series hardware appliances, including Application Control, Reputation Enabled Defense, intrusion prevention, gateway anti-virus, web blocking traffic shaping, and more.Because multiple instances of XTMv can run on a single vSphere hypervisor, the WatchGuard virtual appliance is ideal for managed security services providers (MSSPs), hosting providers, and larger IT organizations who wish to run separate logical firewalls on the same host system.

      Fantino offshore banking documents fake: conflict commissioner

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         Offshore bank statements in the name of Associate Defence Minister Julian Fantino are not authentic and the conflict of interest commissioner has informed Fantino she is dropping her investigation.The documents were provided to the ethics commissioner several weeks ago by Richard Lorello, the former Conservative candidate from Fantino's suburban Toronto riding of Vaughan.Using virtual offices to appear bigger than you are.Lorello received them from an anonymous source after he publicly raised questions about financial matters involving the Conservative riding association there.
        Lorello asked for the commissioner to determine whether the documents are legitimate. Last week, an American banking expert who examined the documents told Postmedia News that they had "an aroma of BS."In a letter Thursday, Mary Dawson, the ethics commissioner, informed Fantino that UBS Wealth Management, an investment bank, has looked at three bank statements that purported to show Fantino in possession of hundreds of thousands of dollars in the bank's branch in the Cayman Islands, a notorious tax haven.
        "My office has received confirmation from UBS Wealth Management that the account statements are not authentic," said Dawson in the letter.Lorello also provided Dawson with a wire transfer record purporting to show the transfer of $50,000 U.S. to an RBC account in Grand Cayman."RBC has identified irregularities on the wire transfer receipt and has stated that they are unable to confirm or verify the legitimacy of the document," Dawson writes. "Based on the information before me I do not have reason to pursue this matter further. I will be advising Mr. Lorello accordingly."
        When the news became public, Fantino complained to the RCMP about the matter. On Thursday, his spokesman said Fantino "takes the matter very seriously.""It is clear that the minister has been targeted with mischief," said Chris McCluskey. "If Mr. Lorello is not the author of the false documents he provided to the ethics commissioner and the media, we urge him to reveal his source to police if he has not already done so."Fantino is not the first Ontario politician to be targeted by apparently false documents. Cullen Johnson, a former Toronto police officer turned private detective, is wanted by police for allegedly forging documents that purported to show millions in offshore bank accounts in the name of former Ontario provincial politician Eric Cunningham.

        Using virtual offices to appear bigger than you are

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          A misconception about virtual offices is that they're about looking bigger than you are. Yet while a premium address and a full-time receptionist will certainly make a bigger impression, the fact is that virtual offices are not simply about appearing bigger – they're about being so.Today, people and data are more mobile than ever before. To make the most of available opportunities, businesses (especially those in the export game) must be enormously flexible about where they do business and with whom. The better they are at operating anywhere, anytime, the better they'll be at exploiting new markets, securing new customers, and serving the ones they already have well.
          For these reasons, SMEs should be considering virtual office tools not only for appearance, but expansion.With virtualisation taking hold in everything from cloud computing to communications, virtual services are having a sweeping effect on the way we do business.In essence, virtualisation is about efficiency: extracting the most from a resource by sharing it between different users to reduce their individual costs. It's also about flexibility: improving mobility so that business can take place anytime, anywhere.Whether it's a computer system or business infrastructure, the benefits are plain. Virtualisation will keep your costs low – something that's vital if you want to give yourself every chance to succeed. It will allow you to pay-as-you-go, buying resources only as you need them.
          Finally it will also help you to grow your business, increase your sales and improve your customer service – which is where virtual offices kick in.Make no mistake – the quality of your address is critical when it comes to projecting the right appearance. Especially in Asian countries where there's a lot of emphasis on 'face', a reputable address will give locals the confidence they need to deal with you.A location portfolio – perhaps most importantly, a list of cities across the globe where you can establish an immediate presence. These should represent the most important and fastest-expanding markets in the world.
          Old rules about what constitutes a business are becoming outmoded. Indeed, the idea of a permanent office with a full-time employee on hand to answer calls and perform mundane tasks seems increasingly extravagant and unnecessary.An office with the right address can impress. In Hong Kong, for example, the only affordable way for an SME to acquire an address within the iconic Two International Finance Centre is through a virtual office – a building prestigious enough that it's a definite business edge.

          Accounting Oversight Board Denies Registration to Deloitte & Touche Guam

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            Guam - Compliance Week is reporting that the Public Company Accounting Oversight Board [PCAOB] has denied the registration request from  Deloitte & Touche Guam.Deloitte & Touche Guam applied for registration in January of this year. But the PCAOB denied the registration request "because the firm did not demonstrate the 'degree of care' expected of a public accounting firm operating in U.S. capital markets."Compliance Week reports that according to the above "Order Denying Registration", Deloitte & Touche Guam audited the financial statements for the Bank of Guam for six years before applying for registration. That is a violation of the board's rule that the firm must be registered with the board before it can perform such audit work.
            The Bank of Guam says Deloitte & Touch Guam began serving as it independent auditor for its fiscal year ended Dec. 31, 2003, just as the Sarbanes-Oxley Act was taking effect, putting the regulation of audit firms into motion.The PCAOB Order denying registration indicates that Deloitte & Touche can re-apply. And if they do, the board will not call for a hearing specifically on the conduct that led to the denial before considering any new application. In Deloitte's case, the board makes that promise only if the application is submitted after Sept. 1, 2012. Congressman Gregorio Kilili Camacho Sablan announced today that federal Title I education funding for the Northern Marianas will increase in the coming school year to $4 million, up from $3.7 million last year.Our American Dream: Earth Day - Luis Rojas Leads Public Schools onto Renewable Energy. The U.S. Department of Education will release 25 percent of the funds on July 1 and the remaining 75 percent on October 1.
            In fact, the funding for school year 2012-13 is likely to go up again with the October distribution. Today's announcement is based on population and income information that will change when 2010 Census data is released later this summer. That change, expected to be in the Northern Marianas favor, will be plugged into the Education Department's formula for funding the Northern Marianas, American Samoa, Guam, and the Virgin Islands, which share a set-aside of Title I money.
            Until the 2010 Census data is available the Department is required to use the 2000 Census numbers, which fail to reflect the realities in the Northern Marianas and the other insular areas. Population has dropped in all four territories. But income in the Northern Marianas has plunged, judging from the increases in eligibility for Medicaid and food stamps in recent years. Economic decline compared to the other insular areas is also revealed in the Northern Marianas Gross Domestic Product, which has fallen every year since 2005.

            Somebody Explain Windows, Office VDI Licensing for iPad to Me

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              I'm terribly frustrated. And perhaps that's Microsoft's goal. The blogosphere is lit up this week as partners and customers analyze Microsoft's Windows 8 licensing terms, and the potential implications for Apple iOS (iPad, iPhone) and Google Android users. MSPs and partners want to promote VDI (virtual desktop integration) as a way for iPad and Android users to access Windows and Office applications. But Microsoft is playing favorites with its own Windows RT tablet strategy. Here's the update, along with some links that can further explain the situation.BetaNews goes into deep details and analysis, but I'll cut to the chase: Microsoft apparently is making a short-sighted move by essentially favoring Windows-based tablet customers over iPad and Google Android tablet customers who want VDI access to Office and Windows.
              That's too bad. Apple sold 15.4 million iPads in its quarter ended Dec. 31, 2011. (New quarterly results will surface after the market closes later today.) Instead of fighting iPads, Microsoft should make it as easy as possible to extend Windows and Office across iPad environments. CIOs, small business customers and MSPs would applaud the move…Here's the irony of the situation: If Bill Gates was CEO of Microsoft, I suspect he'd bet heavily on iPad application development and VDI support for the iPad ― the same way Microsoft was one of the first software companies to bet heavily on Macintosh software development in the early 1980s.
              Yes, Microsoft deserves to profit from its hard work and R&D. But why create artificial advantages for Windows tablets when millions of Microsoft customers want better iPad-Office and iPad-Windows integration (and a level playing field on VDI licensing terms)?Just last week, I credited Microsoft for extending Windows Intune (the cloud-based PC management service) support out to iPad and Android devices. More recently, we've credited CEO Steve Ballmer for getting much of Microsoft's business back on track. Now, I'm left scratching my head as MSPs are continually forced to adjust their VDI and tablet support strategies because of ill-advised licensing strategies.The court in Telebright then addressed Telebright's argument that imposition of the CBT Tax violated the Commerce Clause.  As the court noted in citing Supreme Court precedent, imposition of a tax does not violate the Commerce Clause if the tax (i) is applied to an activity with a substantial nexus with the taxing state, (ii) is fairly apportioned, (iii) does not discriminate against interstate commerce, and (iv) is fairly related to the service provided by the state. 

              Our American Dream: Earth Day - Luis Rojas Leads Public Schools onto Renewable Energy

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                Luis Rojas grew up in a small house in East Los Angeles on Evergreen Avenue. Today he is President and CEO of a solar development company bearing that street's name: Evergreen Energy Solutions, LLC. He exemplifies the characteristics of an entrepreneur who never let life's disappointments limit his potential. Instead, on more than one occasion, disappointment led him onto a more satisfying and profitable path than that which he'd been walking.As a child, Luis lived with his mother and his two older sisters in a house owned by his Uncle John. The arrangement allowed the family to live inexpensively and the rent never went up. They lived frugally out of economic necessity. They reused everything in the household to the maximum extent possible.
                Luis had few adult male role models as a child. His father owned a mechanic shop and Luis spent occasional weekends there. He gained early lessons about how to run a business and solve problems. Yet, he wisely chose to follow the frequently-heard advice to "go be like your nino." His Uncle John had done well for himself as an accountant. Luis followed his footsteps, earning his accounting degree from California State University-Los Angeles. Naturally, upon graduation, he went to work for a bank. Luis became the highest ranking Latino in the real estate division, gaining audit, finance and asset management experience. As Luis began applying to MBA programs, his father collapsed in the shop and died of a ruptured ulcer.Serviced offices changing the way we work, says Instant.This untimely death at age twenty-five threw Luis into the role of business owner.
                "My father's death made me become an entrepreneur," Luis shared. "I moved the business and began growing it."Later, a vendor of the bank where he had worked previously approached Luis, with an idea to start up a new business. Luis says, "I started an asset management company. We took bank foreclosures and sold them for the banks. We made commissions once we sold the properties."Changes in the market forced him to evolve the business toward more profitable ventures. Luis knew the construction management companies they hired made good money, so he created his own: Del Terra Group. Luis' entrepreneurial spirit was in full force now.   Del Terra received contracts for small jobs at school districts. One day while dressed as a contractor at the Montebello Unified School District, he assisted the district's facilities director with a spreadsheet problem. The Client was surprised that Luis wasn't "just" a contractor; the director learned Luis was also a real estate banker, an auditor and an accountant. Luis eventually managed the District's $170 million bond program on various capital improvement projects. His business took off from there. Seeing an opportunity and jumping all over it―it's what successful entrepreneurs do.

                Serviced offices changing the way we work, says Instant

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                  A big rise in the number of serviced offices in Manchester is changing the way people in the city work, new figures reveal. The number of serviced offices in Manchester has more than doubled since 2005, say researchers. As many as 13,000 city centre workers are now based in serviced office centres, which provide a workstation and business facilities as part of a monthly fee. The trend towards serviced offices comes as Manchester's specialist office brokers reveal that take-up of traditional leased office space has flat-lined over the last three years. Research by Instant, which acts as broker for serviced offices, has found that in 2005 there were 37 serviced office centres in Manchester, but by 2011 the figure had grown to 77. This makes Manchester the second largest serviced office market in the UK, behind London - and the seventh-largest serviced office market in the world. The city has a total of 13,002 individual serviced "workstations" or desks. Manchester also has the fastest-growing serviced office market. London grew by only 43 per cent and Edinburgh by 50 per cent in the period under review.
                  The average price for a workstation in a Manchester serviced office centre is £276 a month, says the report. Patrick Elliott, chief executive of Instant, said: "The pace of the serviced office market growth is impressive considering we're in a global recession. We believe the reason for the growth is that advances in technology have revolutionised the way businesses occupy office space. "For example, the internet has allowed workers to have greater flexibility relating to when and where they work "However, they still require a suitable environment from which to conduct business. As the amount of permanent office space per employee decreases, companies are becoming more efficient with their use of space but also more exposed when sudden increases in headcount are required. Growth of the flexible office market can be attributed to this shift." The report comes days after the Manchester Office Agents Forum released figures showing that the take-up of city centre office space in the first quarter of 2012 rose against the same period last year but remained lower than in 2010. A total of 169,891 sq ft was taken, an increase on 126,521 sq ft reported in the first quarter of 2011, but still down on the 185,000 sq ft recorded in the same period in 2010.

                  Small-business leader of the year gives credit to mentors and role models

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                    When Tony Panagiotu accepts his Milgard School of Business small-business leader of the year award, he likely will not tout his own accomplishments and success.That's not the kind of business leader he is.Instead, he will likely give credit to his role models and mentors.To Tony Gasperetti, for whom Panagiotu sold flowers at a stand on South Tacoma Way, beginning at age 12.To his uncle, Mike Panagiotu, who one day said, "Law school might be a good thing for you."To Carl Birgenheier, a business teacher at Wilson High School who, Panagiotu said, "drilled us the old-fashioned way. I knew my balance sheet cold. He taught us that accounting is the language of business."
                    Panagiotu (pronounced panny-OH-too), did go to law school, and he went on to earn certification as a CPA.And he founded his own business, the University Place-based Panagiotu Pension Advisors.It is not an investment firm. Tony Panagiotu is not a stockbroker. He does not practice traditional law and although he is a CPA, he won't balance your books.But he will build your company, firm, practice or group a pension plan, a 401(k) plan, a profit-sharing plan or an Employee Stock Option Plan, in short: a path to retirement success for you and your employees or partners."I've always been a business type," Panagiotu said recently.
                    His first ride on an airplane, at age 17, took him to a Junior Achievement convention in Bloomington, Ind."I was a capitalist at a young age," he said.He worked professionally first at a large accounting firm and then for a pension advisory firm, which is today one of his major competitors."It was never going to be my firm," he said. "I needed to run my own show. I always wanted to run a professional practice.Teresa Alewel, the director of career services at the University of Central Missouri.Although I enjoyed my work, I wanted to run my own business. It was in my gut. My relatives ran their own businesses."
                    He founded his current firm over two hours and two bottles of wine. He met one day with a neighbor, a partner in a CPA firm. He'd had other offers, but this one sounded intriguing."Before, I was just working," he said.Now, finally, he would be an owner.In 1989, with the neighbor and another partner, the new business was born. Over the next several years, Panagiotu managed to buy out the interests of the other two.Today, Panagiotu Pension Advisors and a second firm, PPA Law Group, employ 25 associates. Panagiotu is the sole owner of both firms.The namesake pension advisory group counts 1,200 clients, primarily privately held firms located in the Puget Sound area."We've been with him since before I was with the company. I've been here for 15 years," said client Cindy Fruge, director of finance at Digestive Health Specialists in Tacoma.

                    Aronson LLC Launches Champion Recruiting LLC

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                      Aronson LLC, a nationally ranked accounting and consulting firm, announced that they have launched Champion Recruiting LLC (an Aronson Company) to offer search services to a diverse clientele from the nation's most active industry groups. Champion's staffing experts leverage their strong business relationships and unique recruiting methodology to help their clients realize their human capital growth objectives.
                      Jeffery Capron, Aronson's Managing Partner, commented, "In our experience, we have found that the need to access and identify the best candidates is one of the primary business challenges our clients face. Even when economic reports in the media suggest that jobseekers are in abundance, there is still the key concern of matching the right people with the right company. We see this as an opportunity to add value as we partner with our current and future clients to achieve their strategic human capital and recruitment initiatives."
                      Champion Recruiting, originally established by Caitlin Banks in 2008, is now wholly-owned by Aronson LLC. Its mission is to provide high quality, strategic professional services to clients similarly focused on excellence, integrity, leadership, mentorship and innovation. Banks, Champion's Director, leads the company's efforts to help clients secure the right candidates to meet their specific needs. Champion places qualified professionals in a wide variety of roles, including executive leadership, marketing, sales, consulting, technology and administrative support.
                      Champion provides a wide range of human capital, recruiting and search services, including identifying and surfacing new candidates; guiding clients through the requisition, recruitment and interview process; assisting in offer execution; providing onboarding consultation; and advising clients on employee retention strategies.Remarked Banks, "We recognize that time is valuable, so we employ a proven 360 degree search methodology that makes the selection process as simple as possible for our clients." She continued, "Improving the recruiting process is not only our commitment, but our passion as well."About Aronson LLC As the Mid-Atlantic region's premier accounting and consulting firm, Aronson has built a tradition of excellence spanning 50 years. Hundreds of dedicated business experts provide innovative solutions designed specifically for each client. Aronson specializes in comprehensive audit, tax and consulting services for clients ranging from individual taxpayers up through publicly traded companies poised for continued success.