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Source: http://feedproxy.google.com/~r/TheIphoneBlog/~3/WOQIxnV0iHQ/story01.htm

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Cruzan|Monroe Nabs DiamondView Tower in San Diego for $121M ...

October 30, 2012

By Keith Loria, Contributing Editor

San Diego-based commercial real estate investor and developer Cruzan|Monroe, along with Cigna Investments Inc., have acquired DiamondView Tower, a 15-story 305,255-square-foot Class A office tower in San Diego for $121 million.

CBRE brokered the transaction of the building on behalf of the seller, Wereldhave USA, and noted that it?s one of the largest transactions to trade hands in the San Diego market this year.

?What helped the sale was the quality of the project and the location. It?s a great designed building, great window line, great floor place and it?s surrounded by amenities,? Louay Alsadek, CBRE?s executive vice president Investment Properties, who acted as a sales broker for the property, told Commercial Property Executive. ?In downtown San Diego, of the roughly 10-11 Class A buildings, more than half are owned by the Irvine Company, which is not going to be selling. That was a factor as well.?

Located at 350 Tenth Avenue, the Class A tower was the first to be developed as part of a major league ballpark in 2007, and sits just behind the right field fence of Petco Park, home of the San Diego Padres. The building offers personalized views of the field from every floor.

?Being located adjacent to the park is unique, just to be part of that energy,? Mark T. McGovern, CBRE?s senior vice president in its Debt & Equity Finance division, told CPE. ?It?s in the east village of San Diego where there?s a lot of nightlife and a lot going on. There?s been a significant amount of multi-families continuing to be built in that whole area, and it?s really the part of town you would want to live, work and play.?

DiamondView Tower features a two-story lobby that opens up to the ?Park at the Park,? an elaborate penthouse hospitality skybox on the entire 15th floor. It also offers the Fit Athletic Club, a state-of-the-art fitness center with an outdoor pool and deck overlooking Petco Park.

Tenants currently include the Fashion Institute of Design and Merchandising, Red Door Interactive, Cox Media, Comerica Bank and CBRE San Diego?s downtown office in addition to several creative, legal and financial firms. The building was 95 percent leased at the time of sale.

CBRE has been handling the leasing of the property since it was built, and will continue serving that function for its new owner.

?DiamondView Tower is one of the most uniquely positioned Class A office properties on the West Coast,? said Dennis Cruzan, principal of Cruzan|Monroe. ?As a local owner, we are very proud to acquire the property with our partner, Cigna.?

The new owner already has some plans for DiamondView Tower.

?There are some retail opportunities on the street level and they are going to be giving some thought to liven that up a little bit,? Alsadek said. ?The new ownership has a lot of experience in that sort of thing.?

McGovern, Scott Peterson and Jeff Rice of CBRE San Diego?s Debt & Equity Finance group arranged both the equity and the acquisition financing of approximately $86 million on behalf of the partnership between Cigna and Cruzan|Monroe.

Alsadek, Russell Ingram, Kevin Shannon, Evan August, Kraig Kristofferson, Stacy Meronoff and Andrew Taylor handled the sale for Wereldhave USA.

?

Source: http://www.cpexecutive.com/regions/west/cruzanmonroe-nabs-diamondview-tower-in-san-diego-for-121m/

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Translationista: Recruiting for the Reviewer Hall of Fame

Those of you who attended the PEN Translation Committee-sponsored panel at this year's ALTA conference (and thank you for attending in such droves that the panel was standing-room-only!) know that one of the Translation Committee's main current projects is creating a "Translator's Toolkit." For as long as the Translation Committee has existed, it has attempted to address translators' distress at seeing their work ignored, particularly in reviews of translated books, which often address the translator's contribution to the book either not at all or seriously inadequately. After extensive talks with representatives of the National Book Critics Circle, the members of the PEN subcommittee working on replacing the outdated "Reviewer Guidelines" with something more useful have decided to change tacks. The new approach looks like this: Instead of reproaching reviewers for not addressing our work, we should do everything in our power to make it easy for them to do so. Reviewers don't want to risk looking like idiots, so they tend to be pretty cautious when it comes to discussing aspects of a book they don't feel well-informed about, and it turns out that translation is one of these. So let's inform them. The "Translators Toolkit" will wind up containing suggestions for supplementary information about a book that can be distributed to potential reviewers along with the usual publicity materials a publisher tucks inside review copies before sending them out. The exact recommendations are still a work in progress, but I expect to see a list of suggestions including items like this: a description of the book's stylistic peculiarities in the original and how the translator sought to address them, status of the author in her original-language context, any particular anecdotes of interest surrounding the translation, etc. These are things likely to interest both reviewers and readers of reviews.

The PEN panel at ALTA, "The Marketing Toolkit: How Translators Can Make Their Work Matter," put together by PEN Translation Committee members Minna Proctor (who moderated splendidly), Margaret Carson (who sat on the panel) and Mary Ann Newman, featured four publishing professionals who made additional suggestions about how a translator can help promote the books she translates.

Ira Silverberg (now head of the Literature Division at the National Endowment for the Arts, former editor, publisher and agent) says he wishes translators were more actively involved in publicizing their books. He says it's helpful for translators to select and translate reviews from the book's original language/country for inclusion in a book's publicity kit, and encourages all translators to do as much promotion of a book as they can within their own personal and professional circles.

Jeffrey Lependorf, Executive Director of both the Council of Literary Magazines and Presses and Small Press Distribution, says: "Until a book has reached the reader's hands, it has not yet been published, only printed." He says that readers want to hear the same sorts of meta-stories from translators as they do from authors - in this case: "Why did you love this book and want to translate it?" He encourages translators to record brief (3 mins or under) videos about the book to be added to a book's page on the publisher's website. This can be a brief interview between translator and author, translator and editor, translator and movie star [oops, my addition], or just the translator solo speaking engagingly about the project. The question to answer is: What's the interesting story behind this book?

Tom Roberge, head of publicity and marketing at New Directions, likes it when translators keep in close touch with him as marketing plans for a book develop. He recommends that translators offer to write bio notes of their authors that publishers can post online, and also encourages translators to review each other's work on GoodReads, Amazon and similar websites.Matvei Yankelevich, co-publisher of Ugly Duckling Presse and a translator himself, reports that a publisher he translated for asked him to start a Facebook page and a Twitter account for one book he translated and tweet quotes from the book. Ugly Duckling itself has an outstanding social media presence.

More tips from Lependorf:

?Don't underestimate the marketing power of your own personal networks. Put a link to your new book in your e-mail signature.

?Write a one-page statement (no longer!) about why you translated the book. Come up with a list of up to ten questions (comprising a study guide to the book) that can be used by reading groups, or by teachers in the case of a book that might be appropriate for course adoption.

?Ask a blog you regularly read to post an interview with you.

There were surely other good suggestions as well that I didn't manage to capture in my notes, so I'll post a podcast of the panel once the video is made available (one of the conference organizers recorded it). Watch this space.

Meanwhile I do have one request from the members of the subcommittee putting together the new "Translator's Toolkit" for the PEN website: One of the new features on the site will be a "Reviewer Hall of Fame" that includes links to reviews that speak particularly thoroughly and illuminatingly about the translation of the book under review. Readers of Translationista are invited to nominate candidates for inclusion. We don't want examples of reviews that praise the translation with a single epithet or phrase ("skillfully translated," "eloquently translated," "a translation displaying skillful eloquence," etc.); nor do we want "Professor Horrendo"-style reviews that criticize the translation by picking apart particular word choices on the translator's part. What we want are reviews that speak intelligently about the translator's overall strategy and contribution to the book, evaluating the strengths (or weaknesses) of the translation overall and using examples to support the reviewer's findings. If you have come across reviews of this caliber, please send us links to the complete review here. Thank you so much for your help!

Source: http://translationista.blogspot.com/2012/10/recruiting-for-reviewer-hall-of-fame.html

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Daytrading, Stock Trading, Investing and Forex Trading ? 4 Share ...

It's not critical to be a pro stock researcher but a good understanding of how fundamental inspection works is a critical need to become known as a successful trader. If you would like to bring a pro approach to choosing stocks that you going to trade, you can barely succeed if you manage to do it with a pin.

Fundamental investigation is the bedrock of price investing and it's tricky to see how it's possible for you to succeed unless you are betting. The monetary researchers regularly use difficult research systems but the ideas are reasonably simple and it's the point of this essay to enable a new arrival to securities trading to end with a understanding of the fundamentals.

This implies inspecting the finance reports put out by a company like earnings statements or money flows and balance sheets to try to appraise the organization's future performance ( let us always remember that stock costs are determined principally by financier expectancies of future takings ). Discipline and focus were infrequently out playing some other place. Everything was O.K but new he wanted help to work on some of his convictions and any potential to self sabotage. In this time he spotted things about himself and his feelings that would impact on his trading. An attitude coach and new tools helped him with those limiting sentiments and his capability to stay centered and trained thru any conditions. I purchased up about thousand shares through an internet trade account. I checked back in the following day and revealed that that investment had jumped to $.38 a share in the past day. Because of this, I love to say that automated stock market dealing systems and penny shares were made for one another. At about that point I continue to examine in on that stock constantly as it continued to continuously climb. They also are perfect for more recent, less seasoned traders without the experience who are wanting to get into the market as this is a good example of how forceful logical software can be.

Source: http://traders101.com/2012/10/14/4-share-trading-suggestions-to-follow-before-you-trade/

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S.Africa police and protesters clash near mine shaft

JOHANNESBURG (Reuters) - South African police fired tear gas and rubber bullets at protesters hurling petrol bombs after a march on an Anglo American Platinum mine turned violent overnight, the latest sign of festering labour unrest.

Africa's top economy is under increasing pressure to mend industrial relations. Almost 100,000 workers, mostly in mining, have launched often illegal and violent strikes since August, eroding investor confidence and already shaky growth.

Truck drivers signed a wage deal on Friday ending a three-week strike that squeezed deliveries of fuel, cash and consumer goods. But that step forward was quickly overshadowed by a Standard & Poor's downgrade of South Africa's credit rating.

About 1,000 protesters gathered on Friday night in a shanty town near Rustenburg 120 km (70 miles) northwest of Johannesburg and marched toward Amplats' Khomanani 1 shaft, the South African Police Service said in a statement.

"Tear gas and rubber bullet rounds were used to disband the overzealous group," it said.

The crowd responded with petrol bombs, damaging one police vehicle, police said. There were no reports of injuries and four people were arrested.

Amplats, as the company is known, is the world's top producer of platinum. Striking leaders from Amplats and other mines met on Saturday to discuss strategy.

"All of the mines that you know are striking, their (strike) leaders are here," labour leader Evans Ramokga told Reuters. "Right now we are talking about the way forward... We are not afraid of dismissals."

Amplats, which has said it is losing an average of 3,800 ounces of production for each day of the strike, has fired 12,000 wildcat strikers. Other mining firms have followed suit.

More than 50 people have been killed in labour-related unrest in the last two months, including 34 shot dead by police at Lonmin's Marikana platinum mine on August 16 in the deadliest security incident since the end of apartheid.

IMPALA MARCH

Hundreds of miners marched on the headquarters of Impala Platinum in Johannesburg on Saturday to deliver a list of demands to the company.

"We are here, we are at Impala," Lesiba Seshoka, a spokesman for the National Union of Mineworkers (NUM), told Reuters by telephone as miners cheered and chanted in the background.

Seshoka put the number of marchers at 2,000, but the company said it was close to 400. A spokesman for Implats said the union's demands were not wage-related and had to do with other contract issues.

Kumba Iron Ore, one of the world's major producers of the steel-making ingredient, said on Friday it would seek criminal charges against illegal strikers who refuse to stop their occupation of its Sishen mine.

The strikers have seized about 3.3 billion rand worth of heavy equipment, including 88 haul trucks and 13 pieces of other equipment, including bulldozers.

The weeks of strikes have undermined confidence in South Africa's economy and the government of President Jacob Zuma, which critics say has been slow to respond.

Ratings agency Standard & Poor's cut South Africa's credit rating by one notch on Friday to BBB with a negative outlook, saying the strikes and social tensions could reduce fiscal flexibility and damage growth.

Police on Friday arrested two men for the killing of a NUM branch secretary, which NUM's spokesman has said was done in "execution style". Two workers at different shafts of Lonmin's Marikana mine were arrested, local police spokesman Thulani Ngubane said.

The six-week strike at Lonmin in August and September erupted out of a turf war between the NUM and the more militant Association of Mineworkers and Construction Union (AMCU), which accuses the NUM of selling out workers.

Source: http://news.yahoo.com/africa-police-arrest-four-clash-amplats-124718501--finance.html

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French president commits to exchange in Congo

KINSHASA, Congo (AP) ? French President Francois Hollande said his country was committed to facilitating freedom of movement, exchange and trade within the French-speaking world during a Saturday visit to Congo for the Francophonie Summit.

A celebration of the French language, the summit serves as an occasion for leaders of French-speaking countries and others to meet and discuss pressing political issues.

"The French language must carry democracy, human rights, pluralism, the respect of freedom of expression, every human being must be able to choose his leaders, those are the principles that francophones must carry," Hollande said.

Organized for the first time in a Central African country, this year's summit is taking place in the Congolese capital but the botched presidential and legislative elections of November 2011 have jeopardized its organization.

Hollande hinted at irregularities that marked the re-election of Congo President Joseph Kabila. The French president initially threatened not to attend the summit but ultimately confirmed his participation in July, saying he wants to break away from the traditional paternalistic ways of France toward Africa, a theme he embraced in his speech Saturday.

"I wanted to come to Kinshasa to express again my faith in Africa's future," he said.

Hollande's first trip to Africa since his elections as France's head of state in May has generated a lot of debate around France's role in Africa and it has been portrayed as an opportunity for the French president to break away from his predecessors' attitude towards Africa.

On Friday, Hollande made a stop in the former French colony of Senegal, where ex-President Nicolas Sarkozy gave a speech five years ago that was viewed as deeply insulting to Africans whom he said had "not yet entered into history."

"I want to declare here my willingness to renew the relationship between France and Africa. The era of Franceafrique is over. There is now a France and there is an Africa. And there is a partnership between France and Africa, based on relationships that are founded on respect," he said.

Hollande said he wanted to remove barriers to allow for stronger exchanges and freedom of movement within the French-speaking world by facilitating visas acquisition, boosting aid to development and trade and campaigning for the creation of a global organization for the environment based in Africa.

Crisis resolution should be part of the new francophone deal too, he said.

"Here in Kinshasa I am thinking about the population in the Kivu region. I think about this civilians' population who are massacred, these women who are raped, these children who are enrolled (in armed groups)", he said.

A new rebellion in eastern Congo that began earlier this year has displaced hundreds of thousands of people and created a humanitarian crisis. The M23 rebel group led by former Congolese army high-ranking officers, is allegedly supported by the neighboring country of Rwanda, though Rwanda's government denies the allegations. Since July, a series of conferences of the Great Lakes region countries have attempted to find a solution to the crisis, but little has been achieved.

One solution put forward by Congo is to broaden the the U.N.'s mandate. The U.N. has operated in Congo for more than 10 years, but the work is often criticized for its inefficiency.

"We must support all the U.N. efforts so that it is more present here in Congo for the security in the east. I am favorable to the broadening of the MONUSCO mandate," Hollande said.

Source: http://news.yahoo.com/french-president-commits-exchange-congo-162337123.html

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