| Capitalism and breast milk
Just as I'm wrapping up my day, I decided to take a quick look at some stories getting a lot of hits. A story that posted recently on azcentral.com about mommies selling breast milk online to men is getting quite the curiosity readers. Stories about breast milk auctions have circulated since 2005, and lactation groups are quick to advise against buying it. This has nothing to do with auctions, but when I was looking on the Web for info on breast milk sales, I came across an article about one Los Angeles-area company, Prolacta Bioscience. The company found a way to commercialize breast milk for the benefit of critically-ill and premature infants in the neonatal intensive care. What do you think? .
Bidding for second auction of YUKOS assets to close
RBC, 02.04.2007, Moscow 10:38:13.The Russian Federal Property Fund (RFPF) will close its call for bids to participate in the second auction for YUKOS's assets, which will take place on Wednesday. Some 25 assets of the bankrupt company will be put up for sale, including a 20-percent stake in Gazprom Neft, as well as shares of other companies. Gazprom and Rosneft are considered to be the main bidders for YUKOS's assets. No official information has been released about potential bidders. According to unofficial data, an independent natural gas producer NOVATEK may participate in the auction, as well as an Italian consortium of Eni and Enel together with Grigory Berezkin's ESN Group. Ten latest news Other news .
Uganda bids to host 2010 World Cup teams
Officials from the Federation of International Football Associations (FIFA) are expected to inspect the facilities in Uganda on Tuesday to decide their suitability for hosting build-up games before the 2010 World Cup. FIFA officials David Petranshvili and Essan Ahmed will check the Namboole Mandela National Stadium and several hotels in the East African country currently being prepared for the Commonwealth Heads of Government Meeting (CHOGM). Charles Masembe, the chief executive of the Uganda soccer governing body FUFA, revealed that the 40,000-seated Namboole stadium was high on the list of likely training venues before the World Cup starts. "They are looking for venues in Africa that will help the visiting countries acclimatize to the South African weather," Masembe was quoted by New Vision daily on Tuesday as saying.
Banks want RBI okay to trade in illiquid bonds
MUMBAI: Banks have urged the Reserve Bank of India (RBI) to make arrangements for purchasing illiquid government securities, so that they become more marketable instruments. In a memorandum submitted by the Indian Banks' Association (IBA) to the central bank, the association has stated that a huge stock of illiquid securities held by banks is forcing them to deal only in benchmark securities. Illiquid securities typically are bonds with a higher premium, not traded on a regular basis. Across the same tenor, there is likely to be a difference of up to ten basis points between the actively-traded security and the illiquid ones. On an average, nearly 5-10% of a bank's total bond portfolio could comprise illiquid papers. Out of nearly 100 such securities issued so far, less than 10 of them are actually traded in the market.
'Idiot' bidder buys speeding ticket at auction
WELLINGTON.- In a strange example of internet madness, a New Zealander has sold a $NZ130 ($A116) speeding ticket on a local online auction website. Nearly 30,000 people viewed Bob Grieve's ticket on the Trade Me site before Allan Hearn, an insurance assessor from Pukekohe, - by chance the V8 motor racing capital of New Zealand - bought it for $NZ51 ($A45.60). Hearn said he had never had a speeding ticket - a gap in his life that is now filled, The Press of Christchurch reported. "For 50 bucks, who cares?" he said. "I told my missus about it, and she called me an idiot." Grieve, a TV cameraman from Christchurch, posted his photograph holding the ticket on the site and said he had fielded a flurry of amorous comments as well as bids.
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