December 2014 - FinanciaRUL

Swiss Legislators Agree to Stricter Financial Guidelines for FIFA and IOC

Financiarul December 23, 2014July 19, 2024Business, Financing, Taxes & Law Leave a comment

Switzerland’s parliament recently passed a bill with the intention of curbing corruption by increasing the financial scrutiny of over 60 international sports bodies, including FIFA and the International Olympic Committee (IOC). The new set of stricter laws, known as “Lex FIFA” (FIFA law), are a direct response to several years of corruption allegations. Swiss lawmakers voted 128 to 62 in favor of reforming a more inclusive bill based on the strict guidelines created by the intergovernmental Financial Action Task Force … Continue reading “Swiss Legislators Agree to Stricter Financial Guidelines for FIFA and IOC”

Real Estate Market Recovery Rate Becomes Wobbly as Housing Rates Fall

Financiarul December 18, 2014July 19, 2024Economy, Investing Leave a comment

The residential real estate market made a strong post-recession comeback, even thriving in certain areas of the U.S., especially the heartland. However, the market is experiencing a setback for the first time in three months following a startling November report. According to figures from the Commerce Department in Washington, in the first drop since August housing rates fell 1.6% to a 1.03 million annualized rate, a decrease from October’s 1.05 million pace which was stronger than anticipated. The culprit behind … Continue reading “Real Estate Market Recovery Rate Becomes Wobbly as Housing Rates Fall”

California Supreme Court Agrees To Evaluate Constitutionality of Medical Malpractice Damages Cap

Financiarul December 9, 2014July 19, 2024Taxes & Lawlaw, medical malpractice, supreme court Leave a comment

After California voters in November voted against a proposal to raise the state’s cap on medical malpractice damages, it appears that the state’s Supreme Court will have the final say on the matter, and could very well decide to rule against popular opinion. The state’s current malpractice cap is $250,000, and it has been in place for 39 years since California passed the Medical Injury Compensation Reform Act in 1975. Proposition 46 would have raised the cap to $1.1 million, … Continue reading “California Supreme Court Agrees To Evaluate Constitutionality of Medical Malpractice Damages Cap”

Doctor Brings Rare Spinal Procedure to Utah

Financiarul December 8, 2014July 19, 2024Business, Entrepreneurs Leave a comment

A study published earlier this year showed that back pain is the leading cause of disability worldwide, and millions of Americans are suffering from chronic back and neck pain at any given time. Hoping to provide relief for this pressing concern, one doctor has introduced a rare new procedure in Utah. Spinal surgeon Armen Khachatryan helped to pioneer the procedure, an artificial disc implantation that can replace the spinal fusion surgery usually used in such cases. “With disc replacement, our … Continue reading “Doctor Brings Rare Spinal Procedure to Utah”

UK Training Manager Travels to Tanzania to Educate on Standards of Forklift Safety

Financiarul December 5, 2014July 19, 2024Business, Economy, Financingforklift, forklift battery, safety Leave a comment

A UK training manager recently spent two weeks in Tanzania to help raise forklift safety standards among driving instructors and workers there. According to the African Business Review, Field Training Manager for Mentor Training Melvin England spent his time in Africa at the National Institute of Training (NIT) in Tanzania to work toward establishing a comprehensive forklift safety training program. England’s work was part of international charity Transaid’s efforts to bolster development in under-developed nations. “Forklift trucks can be some of … Continue reading “UK Training Manager Travels to Tanzania to Educate on Standards of Forklift Safety”

Despite Competition, Some Hospitals Welcome Urgent Care Centers

Financiarul December 4, 2014July 19, 2024Businesshospitals, medical treatment, urgent care Leave a comment

With hospitals across the United States operating at or above capacity, many people are turning to other healthcare providers to help them access timely and affordable medical treatment. Increasingly, this level of care is found at urgent care clinics, which are privately owned health centers designed to provide convenient care for non-critical injuries and illnesses. Some critics have called the growing numbers of these clinics worrying and have begun pushing for stricter regulations for urgent medical care. However, some hospitals … Continue reading “Despite Competition, Some Hospitals Welcome Urgent Care Centers”