Pneumatic refuse collection system will be trial and tested for islandwide implementation

Pneumatic refuse collection system is becoming popular in developed countries due to its advantage. This system has been in place overseas since the 1960s. However, Singapore has been using the manual method of collecting refuse for more than 40 years. The current method of manual tipping of chute bins to collect refuse are not very efficient. Open chute bins emit foul stench during conveyance of refuse to bin centers. Improvements have to be made.
This project is a collaboration between NUS and a local waste management company, SembWaste. This project did not involve experiments or testing. The purpose of this dissertation attempts to provide an understanding on the feasibility and operations of pneumatic refuse collection system. One of the main areas of study is on SembWaste Enviro-EZ system. Calculations show that sufficient vacuum pressure has to be created in Enviro-EZ before every suction process begins. The required pressure and air velocity to convey refuse is estimated by using simple bulk solids pneumatic conveying system formulas. Pressure losses of free air were calculated using Bernoulli’s Equation. BH350T fan was selected as it fits the power and pressure requirements.
The designs of refuse hopper and refuse container were also discussed. Problems posed by the current system and design considerations were presented. The designs aim to provide user-friendly features to users and cleaning operators. To increase reliability of the system, it is recommended that air flow and prototype experiments be conducted for successful implementation of Enviro-EZ system.

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Thousands of families in Colombia to benefit from UN-backed poverty reduction project

3 October 2012 – More than 50,000 families in Colombia will benefit from a United Nations-backed rural poverty reduction project which seeks to facilitate access to financing and community services for small-scale producers.
The Building Rural Entrepreneurial Capacities: Trust and Opportunity Project will target at-risk groups such as women, indigenous peoples, Afro-Colombians, youth and families displaced by internal conflict, and will create mechanisms to improve food security and increase their incomes by as much as 31 per cent, the UN International Fund for Agricultural Development (IFAD) said in a news release.
“The Trust and Opportunity Project provides the Government of Colombia with an unprecedented opportunity to build peace and enhance social inclusion, and to reduce inequalities in the country,” said IFAD’s Associate Vice President, Kevin Cleaver, during a ceremony last week in Rome.
He added, “The project introduces a number of innovations, including the use of mobile banking in remote rural areas, the establishment of a special fund to support youth enterprise development, and the piloting of new data-gathering technologies for monitoring project progress and impact.”
To finance the $69 million project, IFAD has loaned $50 million to Colombia’s Ministry of Agriculture and Rural Development, while the Colombian Government will provide $5.76 million, and an additional $13.7 million will come from joint funding from project participants for savings mobilization, insurance and funding for microenterprises.
In the Colombian countryside, some seven million people live below the poverty line and two million are considered to be extremely poor, according to IFAD. In addition, about 13 per cent of the population do not have sufficient incomes to meet their basic food needs, and approximately 3.6 million people have been displaced by internal conflict.
Since 1981, the UN agency has contributed some $93 million to rural empowerment projects in Colombia.

I am the most valuable, even worth more than US$1000 trillion

I am the most valuable, even worth more than US$1000 trillion

Many people in this world has gone crazy
There will be interference from many people
Some will even try to collect samples
Trying to use my DNA to learn my secrets
Others will even pay for information
About anything I do
No one can control me
Not even my 100 wives
MacDonald’s Boon Keng will be
The most valuable branch in the history of food and beverage
But do not worry about anything
If I can handle everybody in the UN
I can handle everybody, even governments
Nobody will dare try anything
I can pre-emp anybody’s move
Be prepared to handle massive crowd
But it will not be a freak show
Nobody will dare try anything
Nobody can find a single medical record of mine
Nor any credit information about me
I do not even need a bodyguard
Not even increase my pay
I will get myself out of any situation
Too much garbage has been circulated by my family
If you believe anything you would have fallen into a trap
They tell the world I am Jesus
Screw around with my inventions
Tell people I am a sex maniac and I like young girls
I can easily afford many wives, no need to play around
Collect so much money from stupid people
Trying to interfere with everything I do
Make me suffer and try to use me to make money for them
I want nothing to do with my family
Very soon I will have no worry of money
Everybody will provide me resources
I don’t need money anymore
And I can still afford 100 wives
UN, IMF and World Bank has processes
To protect the interest of everyone
So that nobody in the world
Can try to be funny
Once all my goals are achieved
I will disappear from the face of this earth
My work will be with non-profit with the UN
Doing research and development
UN goals are my goals
I will help all christians
And every country in the world thru the UN
But nobody will know who or where I am except my wives.

– Contributed by Oogle.

IMF/World Bank meetings this weekend

IMF/ World Bank meetings
Many of the world’s top central bankers will travel to Tokyo this week for the IMF/ World Bank annual meetings. The meetings take place on Friday and Saturday.
Details of the meetings and the full programme of seminars is available here. Highlights
include a talk by Zhou Xiaochuan, governor of the People’s Bank of China, on Sunday at 11:30 a.m Tokyo time (2.30am GMT), and appearances by Fed chair Ben Bernanke and ECB president Mario Draghi at a BoJ/ IMF event later in the day.
Earlier in the week, the Fund releases the latest editions of its World Economic Outlook – published on Tuesday at 9am Tokyo time, and Global Financial Stability Report – out the same time the following day.
European Parliament hearings
Mr Draghi appears before lawmakers in Brussels on Tuesday morning. Tuesday’s European Parliament hearing, which begins at 9.30am local time (7.30am GMT), will see Mr Draghi respond to questions on the European Systemic Risk Board, followed by the ECB president’s quarterly hearing before the Committee on Economic and Monetary Affairs.
On Wednesday, ECB executive board member Peter Praet talks at a Bundesbank event. His talk begins at 2.30pm local time in Frankfurt. On Thursday, the ECB releases the latest edition of its Monthly Bulletin at 10am.
20 years of inflation targeting
Bank of England governor Sir Mervyn King returns to one of his old academic haunts, the London School of Economics, on Tuesday night, where he will deliver a speech to mark 20 years of inflation targeting. His talk begins at 6.30pm London time.
The following day, the Bank releases a speech made by Bob Jenkins, an external member of the Financial Policy Committee, at the CFA Chairman’s Annual Dinner, London, on Tuesday. The speech is on the topic of banking reform.
Beige book
The Fed’s Beige Book is out on Wednesday at 2pm Eastern time (6pm GMT).
The same day, Federal Reserve governor Daniel Tarullo talks financial stability regulation in Philadelphia at 4.30pm Eastern time. Mr Tarullo’s fellow Fed governor Jeremy Stein will discuss the central bank’s attempts at quantitative easing at an event held at the Brookings Institution, in Washington, DC on Thursday. His talk is at 10am Eastern time.

The case against the Baby Boomers who live for short gain

Oct 5 2012, 11:39 AM ET
Perhaps most egregiously, the baby boomers, led by boomer-coddling leaders in Washington, are bequeathing a runaway national debt and a gaping federal budget shortfall that their children and grandchildren will have to pay–through higher taxes or reduced benefits, or both–if they don’t want the country to go broke. Balancing America’s future receipts and obligations would require all taxes to rise by 35 percent “immediately and permanently,” and all federal entitlement benefits to decrease by another 35 percent, the International Monetary Fund estimated last year. Shielding boomers from that pain–as most so-called deficit hawks in Washington propose–would dramatically increase the bill for everyone else. Brigham Young University economists Richard Evans and Kerk Phillips and Boston University economist Laurence Kotlikoff published a paper in January that projected a 1-in-3 chance that the U.S. economy will reach “game over” within 30 years. In their definition, “game over” means that the government’s obligations to seniors (thanks again, boomers) will exceed 100 percent of everyone else’s earnings. In other words, all the young workers in America together won’t earn enough to pay down the government’s obligations to their parents.
http://www.theatlantic.com/business/archive/2012/10/who-destroyed-the-economy-the-case-against-the-baby-boomers/263291/