Friday, March 25, 2011

Jitters in India over Pakistan`s World Cup prospects

Jitters in India over Pakistan`s World Cup prospects

At least 75 killed in Myanmar earthquake

At least 75 killed in Myanmar earthquake

Sunday, February 6, 2011

Pardee Homes highlights Solamar in northwest

Pardee Homes' Solamar neighborhood in northwestern Las Vegas features several homes that are ready for move in, according to Pardee Homes' Regional Sales Director Rob Tuvell.

He said the market continues to favor new-home buyers in Southern Nevada, including at the builder's eight valley neighborhoods.

"In our buyer's market, there are many terrific opportunities to own a brand-new, energy-efficient home with many upgraded amenities and that includes a select number of move-in ready homes at our Solamar neighborhood," Tuvell said.

Situated on a pool-size corner home site that measures 6,430 square feet, a Solamar Plan 4A at home site No. 143 measures 3,084 square feet with four bedrooms, three baths, three-car garage, playroom and loft.

Priced at $293,500, the home includes granite countertops, stainless-steel appliances including a side-by-side refrigerator and upgraded flooring.

A Solamar Plan 2C at home site 264 measures about 3,000 square feet with three bedrooms, 2½ baths, three-car garage, den and playroom.

Priced at $290,750, the home includes a stainless-steel appliances including side-by-side refrigerator, granite countertops, upgraded flooring and rear yard landscaping.

A Solamar Plan 5B at home site No. 117 measures 3,959 square feet with six bedrooms, four baths, three-car garage, library and loft.

Priced at $336,100 the home includes stainless steel appliances, granite countertops and buyer's selection of flooring.

For additional information on these homes or others, visit the sales office; call 702-645-3666 or visit www.pardeehomes.com/solamar.

All of Pardee's newly designed homes, including those at Solamar, are part of the builder's LivingSmart brand, a program with standard and optional measures that boost energy efficiency, save water, improve indoor air quality and encourage material conservation and the use of recycled or sustainable resources in new homes.

Home prices start from $270,450 at Solamar and the one- and two-story floor plans range from 2,491 to 3,959 square feet with up to six bedrooms.

Solamar's northwestern Las Vegas location is near new retail, services, schools and major transportation links including the recently opened Centennial Hills Transit Center. Also nearby are Silver Stone Golf Club, Mountain Ridge Park, Las Vegas' Extreme Sports Park and Centennial Hills Hospital.

To visit Solamar from U.S. Highway 95 North, exit to the 215 Beltway west. Exit on Durango Drive and turn right. Turn left on Deer Springs Road, right on Grand Canyon Way, then right on Bay Ledge Street to the models.

Visitors are welcome from 10 a.m. to 5 p.m. Tuesday through Sunday, and from 11 a.m. to 5 p.m. Monday.

For the second consecutive year the Southern Nevada Division of Pardee Homes has received the highest rankings from J.D. Power and Associates for overall customer satisfaction and new home quality in the Las Vegas Market.

One of the West's largest and longest-established home builders, Pardee has built homes for more than 40,000 families in Southern Nevada since 1952.


Median asking price for Las Vegas businesses drops

The median asking price for 313 businesses listed for sale in Las Vegas in the fourth quarter was $190,000, down from $240,000 or nearly 21 percent in the year-ago period, BizBuySell.com online listing service reported.

The businesses had median revenue of $350,000 and median cash flow -- or money that comes out of the business over the course of a year -- of $84,360, compared with $409,351 and $101,408, respectively, in the previous year.

Business owners in the Las Vegas area will typically ask for an average revenue multiple of 0.72 and a cash flow multiple of 2.91, down from 0.74 and 3.11, respectively.

The number of closed business-for-sale transactions in the United States, as reported by business brokers, rose by 3 percent in 2010. BizBuySell.com statistics include listings from local business brokers as well as "for sale by owner" listings.

"Spurred on by a strong showing in the fourth quarter, the business-for-sale market showed some promising signs of recovery heading into the New Year," said Mike Handelsman, general manager of BizBuySell.com and BizQuest.com. "In 2010, we saw more deals getting done. One of the key drivers for that growth was that business sellers were more realistic about their business valuations."

The increased business-for-sale market activity came at the expense of a decline in business valuations. The median closed-transaction sale price for 2010 dropped 6.3 percent year-over-year, from $160,000 in 2009 to $150,000 in 2010.

Key metrics used to value companies also fell slightly in 2010, with the average revenue multiple falling 2.1 percent and the average cash flow multiple falling 0.6 percent.

for more information about homes for sale is

www.buybankownhomes.com

PPP govt did not validate, condone acts of Musharraf, says CJ


ISLAMABAD: The Chief Justice of Pakistan, Justice Iftikhar Mohammad Chaudhry has said that whenever a country is ruled by the chosen representatives under the dispensation of the Constitution the system of good governance is strengthened.

Addressing the inaugural session of the 17th Commonwealth Law Conference in the Indian city of Hyderabad on Sunday, he said an independent judiciary was necessary for the enforcement of fundamental rights, trade and commercial activities.

Dilating upon the theme of the conference “Emerging economies and the rule of law: opportunities and challenges,” the chief justice said that rule of law bore a substantial impact on the economic development across the globe.

The judiciary in Pakistan has passed through different phases where efforts were made to adopt unconstitutional measures, a press release received here quoted the CJ as saying.

“But the judiciary ensured its independence in all the circumstances because it is of the opinion that when there is constitutionalism and rule of law, it guarantees a democratic system in the country instead of military rule,” he added.

Referring to the steps taken on Nov 3, 2007, Justice Iftikhar said that for the first time in the history of Pakistan the judiciary asserted itself and the Supreme Court declared those measures unconstitutional and illegal in its landmark order issued on the same day.

The superior judiciary, sacked unconstitutionally, was ultimately restored and the democratic government did not validate or condone the acts and actions taken by the military ruler, he added. The chief justice said that constitutionalism and the rule of law guaranteed enforcement of human rights and thus helped flourish industrial and commercial activities. “The rule of law and equality before law are the hallmark of Islamic thought and philosophy, which derives its authority from the Holy Quran and traditions of the Prophet (PBUH).”

Having alluded to the history of rule of law, he said the concept had been further developed by the International Commission of Jurists, known as Delhi Declaration 1959. According to it, this formulation implied that the functions of the government should be so exercised as to create conditions in which the dignity of man as an individual is upheld.

“This dignity requires not only the recognition of certain civil or political rights but also creation of certain political, social, economic, educational and cultural conditions, which are essential to the full development of his personality,” he said.

About Pakistan’s Constitution and role of judiciary, the CJ said it had given necessary powers to the Supreme Court to protect the fundamental rights.

“The judiciary has to safeguard the fundamental rights of citizens, including the right to life, liberty with its wide connotation and right to property. The courts have attempted to restore and enhance the confidence of all citizens and persons, including the trade, commercial and industrial class and foreign investor, in the system of governance in the country.”

Justice Iftikhar said that as an important organ of the state the judiciary played a key role in financial and economic discipline, promotion and strengthening of democratic institutions and ensured development of projects.

“Its decisions and rulings have impacts on the system of governance. A reformed and modernised legal system, administered through an efficient system of judicial administration, goes a long way in resolving conflicts, settling disputes, restoring rights/entitlements and redressing grievances, which in turn, leads to peace and tranquillity in society,” the press release quoted him as saying.

Such an environment, he said, was ideal for trade and commercial activities, investment and industrialisation, leading to economic growth and prosperity.

The chief justice said that Pakistan being a member of the World Trade Organisation had promulgated various acts and ordinances so as to bring itself on a par with international standards in terms of observance of trade laws and trends.—APP