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Results of men's 10,000m speed skating at Vancouver Olympic Winter Games

VANCOUVER, Feb. 23 (Xinhua) -- following are the leading results of men's 10,000m speed skating at the Vancouver Olympic Winter Games on Tuesday:

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1. Lee Seung-hoon, South Korea, 12 minutes 58.55 seconds

2. Ivan Skobrev, Russia, 3.52 seconds behind

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3. Bob Zodiac Watch de Jong, Netherland, 8.18

4. Alexis Contin, France, 13.56

5. Harvard Bokko, Norway, 16.37

6. Sverre Haugli, Norway, 20.19

7. Henrik Christiansen, Norway, 27.10

8. Jonathan Kuck, United States, 33.23

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Results of men's 10km sprint biathlon at Vancouver Olympics

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WHISTLER, Canada, Feb. 14 (Xinhua) -- Following are the results of the men's 10km sprint biathlon final at the Vancouver Olympic Winter Games here on Sunday (shooting penalty in bracket):

1. Vincent Jay, Farnce, 24:07.8 (2)

2. Emil Hegle Svendsen, Norway, 24:20.0 (4)

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3. Jakov Fak, Croatia, 24:21.8 (1)

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4. Klemen Bauer, Slovenia, 24:25.2 (3)

5. Andriy Deryzemlya, Ukraine, 24:48.5 (8)

6. Jean Phillppe Leguellec, Canada, 24:57.6 (7)

7. Pavol Hurajt, Slovakia, 25:15.0 (5)

8. Bjorn Ferry, Sweden, 25:20.2 (6)

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Feb 7, 2010

Ameco Beijing

Maintenance, repair and overhaul firm Ameco Beijing has reported a 6.2 percent revenue growth in 2009, despite the global recession. The company, a joint venture between Air China and Lufthansa, did not provide specific revenue figures but says it has "achieved its 2009 revenue target". Feb 3, 2010

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Cessna Aircraft

Cessna is set to deliver in June the first of five Citation Mustangs ordered by the Singapore Flying College in Australia. The aircraft will be handed over to the Sunshine Coast-based school over the next five years to support its advanced training programme. Two full-flight level D Mustang simulators are also earmarked for delivery later this year. Meanwhile, Cessna has delivered five more Grand Caravans to Indonesian operator Susi Air from an order for 30 aircraft it placed last year. Final deliveries of the single-engined turboprop are set for late 2011. Feb 3, 2010

China Airlines, Pratt and Whitney

Taiwan's China Airlines and Pratt & Whitney (P&W) have signed an engine parts repair and replacement agreement for the airline's PW4056 engines. The deal is valued at about USD60 million to USD70 million, says P&W. Feb 3, 2010

Dassault

Dassault has chosen Hawker Pacific to provide product support for Asia-based customers of the Dassault Falcon 7X aircraft. The aircraft is expected to enter into service later this month in India, and Hawker Pacific will provide full front line technical support to the Falcon 7X, it says. Feb 5, 2010

Guangzhou Aircraft Maintenance

Guangzhou Aircraft Maintenance and Engineering Company (GAMECO) has signed a memorandum of understanding with China Postal Airlines to extend a maintenance agreement. A new agreement, for an additional three years through 2012, will be signed by 1 March 2010, says GAMECO. It will cover the maintenance, base maintenance, engineering support, material support, and component repair and overhaul for China Postal's fleet of 17 Boeing 737 aircraft. Feb 4, 2010

Guangzhou Aircraft Maintenance

Guangzhou Aircraft Maintenance and Engineering (GAMECO) has signed an engineering services agreement with Chinese freighter operator SF Express. GAMECO will provide fleet technical maintenance (FTM) services for its fleet of Bowing 757-200Fs, says GAMECO. Feb 3, 2010

Hawker Beechcraft, Gulfstream

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Hawker Beechcraft and Gulfstream are bolstering their international business aircraft customer support networks with field service representatives in Asia. Hawker Beechcraft's agent will cover Bangladesh, India and Sri Lanka, while Gulfstream is offering support in China. Feb 2, 2010

Pratt & Whitney, Royal Brunei Airlines

Pratt & Whitney and Royal Brunei Airlines signed an exclusive three-year agreement for engine overhauls and part repair services for the airline's V2500 engines. a Pratt & Whitney is a division of United Technologies Corp. "We are pleased to select Pratt & Whitney for our V2500 overhaul and part repair needs," said S. P. Tan, executive vice president, Engineering for Royal Brunei Airlines. a "As a major partner in the International Aero Engines consortium, we are confident Pratt & Whitney can best meet our needs." "These V2500 overhauls and part repair work will be performed at our Christchurch Engine Center in New Zealand, part of our Global Service Partners network," said Tom Ma
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Airbus signs MoU with Chinese leasing company on aircraft financing

PARIS, Jan. 26 (Xinhua) -- The European biggest plane maker Airbus and CDB Leasing Corporation (CLC), one of China's leading leasing companies, signed Tuesday a Memorandum of Understanding on cooperation in aircraft financing and leasing.

Under the memorandum endorsed in Toulouse, southern France, CLC will postcard printing provide aircraft delivery financing solutions to airlines around the world for the acquisition of aircraft ordered from Airbus.

Furthermore, according to Airbus' press release following the endorsement, CLC will provide four billion U.S. dollars over the next five years to its airline customers on sale and leaseback transactions concerning all Airbus aircraft types.

The two companies endeavour to share competence and experience to cooperate on leasing and financing projects, such as pre- delivery payment financing for Airbus aircraft, delivery financing new and used Airbus aircraft and Passenger to Freighter conversion projects, Airbus said.

"We are proud to provide financing solutions for customers worldwide to support the development of the aviation industry, especially the aviation industry of China," said Wang Chong, President of CLC.

He also expressed hope to expand CLC's market share in the field of aviation leasing through this cooperation.

The Airbus Chief Operating Officer for Customers John Leahy said the financing solutions provided by Chinese partner could help worldwide airliners to better cope with the gloomy civil aviation market.

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With a registered capital of eight billion yuan (1.17 billion U. S. dollars), CLC is the major financial leasing company held by the China Development Bank.

Mainly engaged in aviation leasing and leasing of large equipment and hi-tech facilities, CLC also focus on leasing of traffic, energy and telecom equipment.

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China to help restoration of Cambodia's National Road No. 62

KAMPONG THOM, Cambodia, Jan. 27 (Xinhua) -- The ground breaking ceremony of the restoration of National Road No. 62 in northern Cambodia was held on Wednesday with the attending of Prime Minister Hun Sen and Chinese Ambassador to Cambodia Zhang Jinfeng.

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"It is a major route of transportation linking Cambodia's northern border to capital Phnom Penh and the road will be sure to enhance Cambodia's economic vitality as well as greatly promote Cambodia's economic and social development, " said Zhang at the ceremony.

"It is the first economic and trade cooperation project between China and Cambodia in the beginning of 2010," Zhang said. "A good beginning is half done." She also said that more construction projects assisted by Chinese government will be started or finished this year. These projects include irrigation system, road restoration and transmission and transformer networks.

The 128-km-long road, running through Kampong Thom province to Thbeng Meanchey, will lead to Preah Vihear province.

The construction project, carried out by Shanghai Construction Group, will last for 40 months and with a total cost of 52 million U.S. dollars.

Prime Minister Hun Sen spoke highly of China's assistance to Replica prada wholesale Cambodia, saying that the assistance provided by China helps to promote Cambodia's social and economic development and reduce poverty for people. He said that China's assistance in infrastructure construction, including transport, water conservancy, electricity as well as personnel training are pure- hearted without any preconditions.

He said that the construction of National Road No. 62 helps to connect the area to Siem Reap province which will promote the development of the local tourism industry.

Hun Sen said that the royal government has been strengthening the land, waterways, railways, aviation and port construction. " There are roads there is hope," he stressed.

The construction of the infrastructure will help to attract investment in various fields, promote economic development, enhance remote areas, and improve living standards, he said.

After thanking the Chinese government and people to provide assistance, Prime Minister Hun Sen also wishes Chinese people living in Cambodia have a happy Chinese New Year, saying that " with the approachig catalog printing of traditional Chinese New Year, I wish all Chinese people, overseas Chinese living in Cambodia health and success in the coming year."

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China to raise bar for civil servant management

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BEIJING, Feb. 5 (Xinhua) -- Chinese who dream of securing a lifetime "iron rice bowl" civil service job might have to think again, as the country mulls expanding a system that could sack civil servants with poor job performances.

Yang Shiqiu, vice head of China's State Administration of Civil Service, told Xinhua Friday the administration would promote this year a system piloted in southern China's Shenzhen city, to classify civil servants into different categories for the sake of differentiated management, and to sack those with poor performances.

Civil servants would be classified into three categories: general management, law enforcement and technical professionals, according to Yang.

"The classification is a key principle of the Civil Servant Law," Yang said, "it could help improve the management of civil servants and encourage them to develop their abilities."

Yang's words came days after Shenzhen city in the southern Province of Guangdong announced its plan to reform its employment system for the city's civil servants.

"We planned to expand the pilot reform to more places across the country this year, ... in order to deepen and perfect the reform," Yang said.

Civil service has long been considered an "iron rice bowl" job in rolex replica China, a term indicating stable employment and steady incomes. The country registers about five million civil servants, and sees more than one million people applying for government posts every year.

But China has already been considering to replace the "iron rice bowls" with more fragile ones, to turn civil service into an incentive-oriented, performance-driven career option.

On Wednesday, Shenzhen city announced its plan to reform the employment system for the city's civil servants.

According to Wang Min, director of Shenzhen's Human Resources and Social Security Department, nearly 70 percent of its civil servants will be classified under the categories of law enforcement and technical professionals after the reform.

Salaries of civil servants in these two categories would be unhooked from their ranks, but linked to years of service, job performances, and professional skills.

According to Wang, the current civil servant management system in which officials were appointed by their superiors has proven to be inadequate in fostering talents and training promising workers, as only a handful of people could be promoted.

The new system would offer chances for civil servants to improve their abilities and increase their incomes based on job performances and profession skills, he said.

Meanwhile, all new civil servants to be recruited by Shenzhen starting from March Pandora Beads Wholesale this year will no longer enjoy a lifelong employment, but could be fired for poor performances.

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China to maintain low birth rate: Vice Premier

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BEIJING, Jan. 19 (Xinhua) -- Vice Premier Li Keqiang said on Tuesday China would continue to pursue a low birth rate while actively coping with problems such as sex ratio imbalance and the aging of population.

Li made the remarks when inspecting the National Population and Family Planning Commission.

China still faced pressure from population growth and "new situations" had emerged in population structure as its industrialization and urbanization continued to proceed, Li said.

brochure printing Efforts were needed to achieve reasonable distribution and orderly flow of population, he said, adding population and family planning authorities should put people first and better serve people at grassroots communities.

He asked population and family planning authorities to provide better services for urban and rural residents, especially farmers and floating population.

Official figures show the country's birth pandora charms rate went down from more than 1.8 percent in 1978 to around 1.2 percent in 2007.

China's family-planning policy was introduced in the 1970s to rein in its surging population by encouraging late marriages and late childbearing and limiting most urban couples to one child and most rural couples to two children.

It's estimated that without the policy, the country's population would be 400 million more than the current 1.3 billion people, according to the National Population and Family Planning Commission.

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100 years ago

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Feb. 10, 1910: The dangers of coal mining are ever present. Four men were scalded in the west side mine when a steam pipe burst. All survived. The victims were Elmer Lettner, John A. Carlson, Louis Ostling and Dennis Bowman. Carlson, about 65, is the most seriously hurt.

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Feb. 10, 1935: Mr. and Mrs. T.B. Correll, 601 East Front Street, replica clothing recently received a brick out of the Great Wall of China, sent by their grandson, T.J. Bliss. He is in the navy, stationed off the Chinese coast. The brick is said to be 2,134 years old.

50 years ago

Feb. 10, 1960: A severe winter storm disrupted electric and phone service. Rain and hail combined with winds up to 72 MPH. The barometer hit a record low at ISNU. Elsewhere, the storm impacted much of the Midwest with snow, dust storms and tornadic winds.

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25 years ago

Feb. 10, 1985: New Lincoln stories emerge around his birthday. One, we learn that Lincoln's eventual Springfield home was built by John Eaton Jr. and his son Page for the minister who married Abe and Mary Todd. Two, Lincoln once defended a slave owner, but lost the decision and his client didn't pay him. It was a Coles County case.

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I do not customarily offer advice to a president whose election I opposed, whose goals I fear and whose policies I work against. But here is a way for Barack Obama to salvage his tottering administration by taking a step that protects the US and its allies.

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If Obama's personality, identity and celebrity captivated a majority of the American electorate in 2008, those qualities proved ruefully deficient in 2009. He failed to deliver on employment and health care, he failed in foreign policy forays small (e.g., landing the 2016 Olympics) and large (relations with China and Japan). His counterterrorism record barely passes the laugh test.

This poor performance has caused an unprecedented collapse in the polls and the loss of three major by- elections, culminating two weeks ago in an astonishing senatorial defeat in Massachusetts. Obama's attempts to "reset" his presidency will likely fail if he focuses on economics, where he is just one of many players.

He needs a dramatic gesture to change the public perception of him as a lightweight, bumbling ideologue, preferably in an arena where the stakes are high, where he can take charge and where he can trump expectations.

Such an opportunity does exist: Obama can order the US military to destroy Iran's nuclear weapons capacity.

Circumstances are propitious. First, US intelligence agencies have reversed the preposterous 2007 National Intelligence Estimate that claimed with "high confidence" that Teheran had "halted its nuclear weapons program." No one (other than the Iranian rulers and their agents) denies that the regime is rushing headlong to build a nuclear arsenal.

Second, if the apocalyptic-minded leaders in Teheran get the Bomb, they render the Middle East yet more volatile and dangerous. They might deploy these weapons in the region, leading to massive death and destruction. Or they could launch an electromagnetic pulse attack on the US, devastating the country. By eliminating the Iranian nuclear threat, Obama protects the homeland and sends a message to America's friends and enemies.

THIRD, POLLING shows long-standing American backing for an attack on the Iranian nuclear infrastructure.

* A Los Angeles Times/Bloomberg poll in January 2006 found that 57% of Americans favored military intervention if Teheran pursues a program that could enable it to build nuclear arms.

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* A Zogby International poll in October 2007 found that 52% of likely voters supported a US military strike to prevent Iran from building a nuclear weapon; 29% opposed such a step.

* McLaughlin & Associates in May 2009 asked whether people would support "using the [US] military to attack and destroy the facilities in Iran which are necessary to produce a nuclear weapon"; 58% of 600 likely voters supported the use of force and 30% opposed it.

* Fox News in September 2009 asked: "Do you support or oppose the United States taking military action to keep Iran from getting nuclear weapons?" Sixty-one percent of 900 registered voters supported military action and 28% opposed it.

* Pew Research Center in October 2009 asked which is more important, "to prevent Iran from developing nuclear weapons, even if it means taking military action" or "to avoid a military conflict with Iran, even if it means they may develop nuclear weapons"; of 1,500 respondents, 61% favored the first reply and 24% the second.

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With the stock market up by more than 60% in a short amount of time, many investors are getting skittish about near-term market prospects. The global economic picture is cloudy at best, corporate earnings have been so-so, and investors fear that China is going to try and reign in bank lending in order to cool off surging inflation and avoid a real estate bubble. These fears have already led to a limited short-term market drop.

Adding insult to injury, US President Barack Obama is poised to impose harsh regulations on US banks by limiting their size, profitability, and the sectors that they can conduct business in. By kowtowing to a populist movement that wants to stick it to the banking industry for "making too much money" and "paying out large bonusesa" the move risks further dampening investor optimism, bringing about a short-term decline.

For investors worried about a serious market correction, the obvious question is how to protect an investment portfolio from taking a big hit. Perhaps there is even a way to replica breitling profit from a market drop. While there are many different solutions to this question, I would like to focus on three approaches to both hedge and profit from a stock market drop.

Inverse ETFs

As I wrote in this column previously, Exchange Traded Funds (ETFs) are securities that track an index, a commodity or a basket of assets like an index fund, but trade like a stock on an exchange. For example, if an investor wants exposure to the S&P 500 stock index, he can either buy all 500 stocks, which would be very costly and time consuming, or he can purchase an ETF. Most investors use ETFs because they want a low cost, non-managed way to capitalize on a stock market rally.

Recently, however, new "inverse" ETFs allow investors to profit from a market decline. If the market goes down, their investments should go up, and vice versa. Inverse ETFs are now available for most major market indices and sectors. For example, if an investor thinks that Obama's proposed regulation will in fact drive down shares of banks, he could choose to profit from the decline by purchasing an inverse ETF linked to the banking index.

Volatility

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Many professional investors like to look at market volatility as an indicator of future stock market performance. The VIX, the Chicago Board Options Exchange (CBOE) Volatility Index, shows the market's expectation of 30-day volatility. The VIX is a widely used measure of market risk and is often referred to as the "investor fear gauge."

There are a few new products structured to capitalize on movements in the VIX.

Edward Szado, a research analyst for the Center for International Securities and Derivatives Markets at the University of Massachusetts, said "The performance of markets in recent years suggests that VIX may spike upwards as the S&P 500 experiences large drops, leading one to believe that a long VIX position could provide significant diversification benefits to an equity portfolio.

"Investable VIX products could have been used to provide some much-needed diversification during the crisis of 2008."

Keep in mind that investing in volatility is very new for most investors and comes with risks. Investors need to take the time to understand how these products work.

Options

The classic way to cushion your portfolio against a market drop is by buying "insurance." Buying put options as an insu
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