A guard at the college noticed the fire in Colonel Sebenelo Lembede's office, said air force spokesperson Major Ronald Maseko on Monday. By that time the curtains and a cupboard had caught alight. The guard grabbed a fire extinguisher and put out the fire, said Maseko. Beeld said the military police were investigating a charge of arson.
Source link: http://www.iol.co.za/index.php?set_id=1&click_id=139&art_id=nw20071127115904574C663151
CAMDEN/ROCKPORT (Nov 27): Even if you don't typically follow economic news all that closely, the fact that oil prices are now hovering near the $100-per-barrel mark has probably caught your attention. If not, it should, because stratospheric oil prices will almost certainly affect you as a consumer - and it may also cause you to review your investment strategies.
Of course, if you drive, you're aware of oil economics every time you fill up at the pump. But even if you don't own a car, you'll find that oil - or at least petrochemical products made from crude oil - is leaving a big footprint in your life. From computers to clothing, pens to paint brushes and shampoo to shower curtains, you use petrochemical products made from petroleum all the time, and every day. So, given the stratospheric prices of crude oil, don't be surprised to see the prices of many of these products start to climb.
You might be less concerned about the potential inflationary pressures caused by rising oil prices if your income were rising significantly. But that may not be the case; over the past several years, wage growth has been relatively low. Factoring in inflation, weekly wages were just 2.2 percent higher in September 2007 than in March 2001, according to research compiled by the Center for American Progress.
So, here's the situation in a nutshell: While prices may be going up, your wages may be stagnating
Source link: http://waldo.villagesoup.com/financial/story.cfm?storyID=104190
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