Friday, November 25, 2005

China Defends Handling of Toxic Spill

China's government defended its handling of a chemical plant explosion that sent a 50-mile-long toxic slick of river water coursing through a major city Thursday and blamed the disaster on a subsidiary of a state-owned oil company.

The benzene slick on the Songhua River in northeast China flowed into Harbin days after the city of 3.8 million people shut down its water system, setting off panicked buying that cleared supermarket shelves of bottled water, milk and soft drinks. The government said it would take about 40 hours for the chemical to pass the city.

Residents stand on the banks of the Songhua River in Harbin, in northeast China's Heilongjiang province Thursday Nov. 24, 2005. The city is digging 100 new wells to provide extra water while its water supply system is shut down. City authorities shut down the water supply due to contamination of the Songhua, from which the city gets its water, after an explosion in a chemical plant in a city up river.

A government official said local leaders were warned of the chemical threat after the Nov. 13 blast that killed five people, and no one was sickened.

"It was handled properly," Zhang Lijun, deputy director of the State Environmental Protection Administration, told a crowded news conference in Beijing. "Authorities acted that day, and not one person has been sickened."

The government did not publicly confirm that the Songhua had been poisoned with benzene until Wednesday, 10 days after the explosion. But Zhang said local officials and companies stopped using river water immediately after being told.

The disaster has highlighted the environmental damage caused by China's sizzling economic growth and the complaints that the secretive communist government is failing to enforce public safety standards.

As if to underscore the problem, another chemical factory explosion Thursday in southwest China caused officials to warn residents against drinking river water there because of fears of benzene poisoning, state media reported. The blast at the Chongqing factory killed one worker.
With its huge population, China ranks among countries with the smallest water supplies per person. Hundreds of cities regularly suffer shortages, and protests over water pollution have erupted in rural areas.

Downstream from Harbin, authorities in the Russian border city of Khabarovsk complained they had not received enough information on the threat. The Songhua flows into the Heilong River, which flows into Russia, where it is called the Amur River.

But Zhang said Beijing has shared information and might set up a hot line with Moscow. He suggested complaints were premature, saying the chemical would take two weeks to reach Russia.

Chinese Foreign Ministry spokesman Liu Jianchao said officials briefed the Russian Embassy twice this week.

"The Chinese side attaches great importance to the potential impact and harm caused by the pollution on our neighbor Russia," he said.

www.washingtonpost.com

Nitish gets down to business, says work without fear

Bihar's new Chief Minister Nitish Kumar has directed top officials to do their job without fear and restore the rule of law in the state as a priority.One of the chief minister's first meetings after being sworn in Thursday was with the top brass of the administration during which he said his government was there to govern and nothing else, said an official."

In the first meeting itself, he told us that the administrators should work without fear or favour," added another police official.

Sources in the state government said Nitish Kumar, who was Friday visiting his mother in Kalyanbigha village, 50 km from here, has told Chief Secretary G.S. Kang and police chief Ashish Ranjan Sinha to control crime without any delay.

He reminded the officials that he came to power promising good governance and would have to deliver on it to change the image of the benighted state.

While ensuring that the law and order situation improves in the state, Nitish Kumar is also grappling with political problems of allocating portfolios between his Janata Dal-United (JD-U) and ally Bharatiya Janata Party (BJP).

www.newkerala.com

Power Technology, Inc. Chief Executive Officer Bernard J.

Power Technology, Inc. chief executive officer Bernard J. Walter will make a major news announcement regarding Power Technology batteries on "Corporate Strategies with Tim Connolly."

The CEO will discuss the company's news and its patented battery technology and the plans for commercialization and sales of its ultra light, low lead batteries in the future. The Business Talk Radio Show may be heard on KSEV AM 700 in Houston, Texas, WGCH AM 1490 in Greenwich, Connecticut, WSBR AM 740 in Boca Raton, Florida, and on over 400 affiliate stations nationwide listed at CRN1 www.cableradionetwork.com, or on the Internet at www.businesstalkradio.net.

This hour of "Corporate Strategies with Tim Connolly" is hosted by Tim Connolly of Corporate Strategies Merchant Bankers (www.corporate-strategies.net). Noted economist Mike King of Princeton Research provides live technical analysis for the show.
About Power Technology, Inc.

Power Technology, Inc. is a research and development company engaged in activities regarding alternative battery technology using patented, ultra light materials with up to 50% less weight and significantly less lead content than conventional batteries. The company is in the early stages of commercializing its battery technology and has designed equipment and systems to manufacture its patent pending batteries.

Please visit our website at www.PWTCBATTERY.com for more information or call the company directly at 713-621-4310.

About Emerge Capital Corp and Corporate Strategies, Inc.
Emerge Capital Corp (OTCBB:NUWV) recently acquired Corporate Strategies Merchant Bankers in a reverse merger transaction. Corporate Strategies, Inc. (www.corporate-strategies.net) is a merchant banker in the traditional European sense of the word. As the term has evolved from the 18th Century to today, merchant banking describes an enterprise that not only finances a company's product or service, but also assists in developing a comprehensive business strategy.

Corporate Strategies is comprised of seasoned executives with extensive experience in merchant banking, including business development and strategy, public and private company corporate finance, capital markets research, human resources, due diligence and transaction negotiation and execution. Emerge Capital Corp. is an assumed name of NuWave Technologies, Inc.

About "Corporate Strategies with Tim Connolly"
"Corporate Strategies with Tim Connolly" is live talk radio with the Titans of Business who move financial markets.

The show is hosted by Tim Connolly, CEO of Merchant Banker Corporate Strategies, Inc. The executive producer of the show is broadcast news veteran Jan Carson, an award-winning journalist with more than 20 years experience as a top-rated television news anchor and reporter for NBC, ABC and CBS network affiliates. "Corporate Strategies with Tim Connolly" features financial experts from across the nation providing the latest intelligence on equities, income investments, and a variety of risk, equity and option strategies.

Certain of the statements contained herein may be, within the meaning of the federal securities laws, "forward-looking statements," which are subject to risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements.

Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the company to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements.

See the company's Form 10-KSB for the fiscal year ended March 31, 2005 and its Form 10-QSB for the quarter ended June 30, 2005 for a discussion of such risks, uncertainties and other factors. These forward-looking statements are based on management's expectations as of the date hereof, and the company does not undertake any responsibility to update any of these statements in the future.

www.primezone.com

Indonesia told it can make Tamiflu antiviral

Swiss drug maker Roche AG has given the go-ahead for Indonesia to make
a version of the Tamiflu antiviral drug in order to fight a looming
avian flu crisis, the country's health minister said Friday.

Siti Fadillah Supari said her department would get the raw materials
from South Korea.

Eight Indonesians have died since July after contracting the H5N1
virus from infected poultry.

Tamiflu is designed to block the flu virus from escaping from an
infected cell and spreading further in the body, if taken within 48
hours of getting the flu.

Indonesia is home to 220 million people, and has said in the past it
wants to have enough Tamiflu on hand to treat 11 per cent of its
population.

A Roche spokeswoman told Reuters news service that the drug
manufacturer does not actually hold a patent for Tamiflu in Indonesia.

"If they want to produce [it], they can go ahead," she said. "There is
no need for them to get a licence."

Concerns about the H5N1 virus were given new life Friday with the news
of a new outbreak among hundreds of chickens in Indonesia's Aceh
province.

So far, people coming down with the disease have become infected from
contact with infected poultry, but world health experts fear the virus
will evolve so that it is easily transmitted from person to person.

That could create a worldwide outbreak that has the potential to kill
millions of people.

So far, about 65 people have died after contracting the H5N1 virus.

www.cbc.ca

ESADE at the First European Meeting of Business Schools with Executive MBAs

Since 1943 when the first Executive MBA was imparted at the University
of Chicago until now the AACSB created a consultative council to track
the evolution. Series of International Meetings were held mainly in
America, and ESADE Business School became the first European host.

November 25, 2005 (Madrid, Spaid ) -- ESADE has helped organise the
first meeting for business schools with Executive MBA programmes to be
held in Europe, at the Hotel Princesa Sofía in Barcelona.

The Executive MBA Council Conference, opening today and due to go on
until 2 November, will be attended by Xavier Mendoza, Dean of ESADE
Business School, who will also lead a plenary session entitled:
Current and Emerging Trends in the Executive MBA Market .

ESADE is also contributing four lectures to the exhaustive programme
featuring experts from the main business schools worldwide, analyzing
the future of EMBA training, programmes which are of particular
importance to the English-speaking market.

The first Executive MBA was imparted at the University of Chicago in
1943. However, it was not until the 1960s that it became consolidated
as an essential training programme for enhancing managers abilities
and professional performance.

In 1981, the American Association of Colleges and Schools of Business
International (AACSB International) created a consultative council to
track the evolution of Executive MBAs, and in 1987 the first this
series of international meetings was held in Toronto. Next year s
meeting will take place in Baltimore.

ESADE's EMBA is aimed at senior managers capable of adapting to new
scenarios and of designing the best strategic solutions, leading the
future from posts of senior management in their companies.

ESADE Business School focused the Executive Education
-http://exed.esade.edu - in its Executive Education and In-Company
Training Units. It is possible to enrol programs all year round in
Madrid - http://exed.esade.edu/madrid -, Barcelona and Buenos Aires.

Those educational services provide specific training that caters to
the professional development requirements of companies and managers at
different stages of their careers.

ESADE Executive Education offers specific training for

Senior Management, an Executive MBA - http://exed.esade.edu/emba_en
Open Enrolment programmes - http://exed.esade.edu/pdg_en - and
Functional and sector-focused management - http://exed.esade.edu/pm_en .
Companies seeking In-Company Training
-http://exed.esade.edu/incompany_en - for their managers receive
training tailored to meet their designated objectives.

ESADE Business School, which belongs to a network of professional
business schools, began operating in 1960. It currently has 6,000
students and more than 25,000 alumni in posts of responsibility all
over the world. It carries out its activities from its facilities in
Barcelona, Madrid and Buenos Aires, and has special agreements with
over 100 universities worldwide for management and professional
training.

planetnewspress.yournews@blogger.com

Maxell to offer 300GB holographic discs in late 2006

Many thanks to Pete from SVP Communications for giving us the heads up
on this latest news from the Maxell camp which was posted on the The
register earlier today.

"Maxell will ship its first holographic storage system late next year,
the company has pledged.

The storage specialist will initially offer a removable system based
on 300GB media and capable of transfering data at a rate of 20MBps,
Maxell said. However, the company said the technology, designed by
InPhase Technologies, is capable of achieving 1.6TB per disk - and
that's uncompressed capacity - with a 120MBps bandwidth.

InPhase was founded in December 2000 by Lucent, and has been working
on holographic storage - in which data is encoded as a 3D pattern
written and read by laser beam - ever since. In addition to the
colossal storage capacity, InPhase promises a data archive life of
over 50 years, not much different to the longevity claimed by most
optical media makers - a CD-RW for instance will typically retain data
for 20-100 years, depending on which manufacturer you speak to.

InPhase isn't the only company promoting holographic storage. Japan's
Optware - which in July won $14m in funding from four companies, one
of which was Toshiba; it also has backing from Intel Capital - is
working on a DVD-sized holographic disc is says will hold more than
1TB of data with a throughput of 1Gbps.

The format is dubbed HVD - Holographic Versatile Disc - and Optware is
already pushing a 200GB HVD-RW disc type through the HVD Alliance, an
organisation supported by Optware, Fuji Photo and half-a-dozen or so
Japanese chemicals companies. (r)"

Well,it will make Blu ray and HD DVD seem like a very small format if
what Maxell say is true. So who needs Blu ray and HD DVD when you can
have Holo technology! Of course, it won't be cheap and support may
take some time to be fully implemented. but if you ask me, Holo's the
way to go and I can't wait!

www.cdr-zone.com