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Survey: Most Workers Underestimate Chances, Impact of Disability

While growing number of American workers are forecasted to experience a disability during their career, more than 80 percent of workers said they believe their chances of becoming disabled are far lower than actual statistics report, according to a new survey. The 2007 Disability Awareness Survey, released today by the Council for Disability Awareness (CDA), said the majority of workers are not concerned about the possibility of becoming disabled an accident or illness that will keep them out of work at least three months.

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Illinois pension systems severely underfunded

SPRINGFIELD -- A new state report says the nation's most under-funded state pension system continues to gobble up a bigger chunk of state resources, leaving less cash for other state programs.According to Illinois Auditor General William Holland, the five pension systems that cover hundreds of thousands of Illinois state employees and retirees are under-funded by nearly 40 percent.And, the amount the state needs to correct the under-funding continues to mushroom by billions of dollars each year. Last year, the unfunded amount of the pension grew by more than $2 billion, the report noted.In its annual review of the state's five pension systems, auditors put the state's unfunded pension liability at $40.7 billion.In his latest budget proposal, Gov. Rod Blagojevich wants to cut that amount to $15 billion by leasing the state lottery and selling bonds.


The New Silk Road

Dubbed the "new Silk Road," trade and investment between the regions has quadrupled in the past decade and will continue to rise dramatically through 2020, according to the management consultant McKinsey & Co.

Here in Dubai, newspaper headlines last month spoke not of Iraq or of Arab-Israeli peace diplomacy but of the historic visit to India by Sheik Mohammed bin Rashid Maktum, Dubai's CEO-like ruler. Among the dozens of agreements signed on the trip: a nearly $20 billion real estate project to create three townships on 40,000 acres in India's Maharashtra state.

This new Silk Road is not only boosting economies (the India deal is expected to create 100,000 jobs) but is changing the geoeconomic and geopolitical landscape of the East, with serious ramifications for U.S.


UBS: Australian Telecom Dialogue - Broadband politics

UBS provide the following Warrant products and services to approved Australian retail investors. Please select one of the following:

Instalment Warrants
Trading Warrants
Protected Geared Investment
Knock-Out Warrants

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Large Cap News: Current Research on Affordable Residential ...

Affordable Residential Communities, Inc. engages in the acquisition, renovation, repositioning, and operation of all-age manufactured home communities primarily in the United States. It also involves in the retail sale and financing of manufactured homes; and rental of manufactured homes with the option to purchase, as well as acts as agent in the sale of homeowners' insurance and other related insurance products to residents in its communities. As of December 31, 2006, the company owned and operated 275 communities consisting of 57,264 homesites in 23 states. The company, formerly known as ARC IV REIT, Inc., was founded in 1998. Affordable Residential Communities is based in Englewood, Colorado. Shares were up 4% after disclosing it is in talks to sell nearly all its assets to hedge fund Farallon Capital Management LLC.


China Mobile Jumps, Readers Beat Darts

Despite a late-February stock-market swoon that included a steep fall by Chinese shares, China Mobile of Hong Kong surged 27% over the last six months -- making Glenn Norris, an engineer from Knoxville, Tenn., the winner of Sunday Journal's 25th Investment Dartboard contest.

"You really have to watch foreign stocks, but I felt pretty comfortable," says the Knoxville News-Sentinel reader. After all, he says, China Mobile -- China's biggest cellular operator by subscribers -- "is an 800-pound gorilla in an economy that is just taking off."

In making his pick, Mr. Norris, who wins a Sunday Journal tote bag in ...

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