Tuesday 15 February 2011 4:09 am whatsapp Tags: NULL WHAT THE OTHER PAPERS SAY THIS MORNING KCS-content Share whatsapp Show Comments ▼ FINANCIAL TIMESBARCLAYS FORCED TO ADAPT COCOS BONUS PLANBarclays has been forced to adapt its plans to pay bonuses for staff with a new financial instrument that has been hailed by regulators as a key tool for rebuilding the capital strength of banks. Bob Diamond, the UK bank’s new chief executive, had hoped to use the new contingent convertible capital notes – known as coco bonds – to pay as much as half of the deferred pay element of the bonuses. LARGEST BOND FUND CUTS ITS US GOVERNMENT HOLDINGSThe world’s largest bond fund sharply cut its exposure to US government-related debt in January, before US bond yields rose this month to their highest level in almost a year. Pimco’s Total Return Fund, run by Bill Gross, a founder of Pimco, reported that its holdings of US government-related securities fell from 22 per cent in December to 12 per cent in January.LLOYDS SHUTS DOWN ITS EQUITIES ARMLloyds Banking Group has pulled the plug on its equities business as the government-backed institution refocuses its investment banking division away from riskier activities. The equities arm formed part of Lloyds’ capital markets business and helped mid-sized corporate customers to issue shares through rights issues, initial public offerings and placements.NORTH BEARS BRUNT OF AUSTERITY AS SHOPPERS STAY AWAYThe climate of austerity is being felt disproportionately in the shops of northern towns with high rates of public sector employment, research has shown. Sharp drops in numbers of shoppers have been recorded in the north east and Northern Ireland by research house Experian, which tracks footfall in shops nationally.THE TIMESPEPSI COMES OFF THE SHELVES AS PRICE WAR INTENSIFIESSainsbury’s customers were unable to buy Pepsi-Cola for two weeks after a price dispute with Britvic. The drinks group, which has sold Pepsi in Britain since 1987, had asked the supermarket for a rise of as much as 10 per cent, according to The Grocer. The supermarket refuse. VODAFONE’S INSTANT SOLUTION FOR NATURAL DISASTERSVodafone has developed an “instant network” that can be set up in less than 40 minutes to help aid agencies in disaster areas to begin relief work straight away. The new network technology, developed in conjunction with Chinese equipment maker Huawei, will be unveiled at the Mobile World Congress in Barcelona, and a prototype will be tested by Télécoms Sans Frontières.The Daily TelegraphGOLD COMPANIES CRITICISED FOR TREATMENT OF CUSTOMERSGold companies criticised for treatment of customers. CashMyGold, Cash4Gold and Postal Gold agreed to make changes following an investigation by the Office of Fair Trading. Two other companies – CashYourGoldNow and Money4Gold – have ceased trading. SHELL TO BOOST INVESTMENT IN BRAZIL Royal Dutch Shell is to boost its investment in Brazil by billions of dollars after surpassing its forecasts for oil production in the country last year. The Anglo-Dutch company will drill ten new wells in the next 18 months, seven of them in the Campos Basin, around 60 miles off the coast of Espirito Santo state. Estimates suggested Shell will invest around $2.5bn (£1.57bn) in the next wave of drilling.THE WALL STREET JOURNALBNP PARIBAS AND OTHERS SUSPEND IVORY COAST OPERATIONS French bank BNP Paribas, Citigroup and Nigeria’s Access Bank temporarily suspended operations in Ivory Coast yesterday, after the Central Bank of West African States warned on Friday that dealing with the disputed Ivory Coast regime of Laurent Gbagbo puts banks at risk of being sanctioned. ECUADOR COURT ORDERS CHEVRON TO PAY $8.6 BNAn Ecuadorean court ordered Chevron to pay more than $8.6bn in damages for oil pollution that allegedly took place in the country’s Amazon region, a milestone in an 18-year lawsuit. Chevron, which inherited the lawsuit when it bought Texaco in 2001, denies the allegations and vowed yesterday to appeal the court’s judgment.
KCS-content In a modern, global and open world, states have to compete for people. Weirdly, that is something that a large number of commentators have failed to recognise; they continue to argue as if Britain remained stuck in a pre-globalised world. They assume implicitly that governments remain quasi-monopolies, as was the case throughout most of human history, with citizens mere subjects forced to put up with poor public services, high taxes, crime, misgovernment and a poor quality of life. Yet the reality is that there is now more competition than ever between governments for human capital, with people – especially the highly skilled and the successful – more footloose and mobile than ever before. This is true both within the EU, where freedom of movement reins, and globally. Even the coalition, which is tightening restrictions on non-EU migrants, has made it easier for companies to move foreign nationals to the UK if they earn £150,000 a year. As long at it remains within a liberal, free-trade framework, competition between governments is as good for individuals as competition between firms is for consumers. It keeps down tax rates, especially on labour and capital, which is good for growth and job creation; states need to produce better services at the cheapest possible cost. And if governments become too irritating or incompetent, it allows an exit strategy. It is strange how pundits who claim to want greater competition in the domestic economy – for example, in banking – are so afraid of competition for people between states, decrying it as a race to the bottom. Yet monopolies are always bad, in every sphere of human endeavour, breeding complacency, curtailing innovation and throttling progress.Contrary to what has repeatedly been claimed by the monopolists, the City is losing out to other jurisdictions in the race for people. Even though there is very little office space, housing or vacancies in schools in Switzerland – the Swiss are reluctant to expand – there has been a relatively large influx of London financiers to that country, especially from hedge funds and energy and commodity trading firms. It is the wealthiest, most senior individuals who are leaving. Figures from the Swiss Federal Migration Office tracked down by Channel Four reveal 383 UK citizens working in banking and financial services moved to Switzerland in 2010, up 28 per cent on the previous year. Taking the overall banking, insurance and consulting sectors, including IT, 1,379 Britons were given permission to work long-term in Switzerland in 2010, up 29 per cent. This compares to a rise of 14 per cent for non-UK citizens, though a chunk of the latter will also have moved from London. The Swiss Funds Association estimates that 20-25 UK hedge funds have set up offices in Switzerland over the past year alone. Switzerland has also witnessed an inflow of Russian oil traders, including Rosneft and Bashneft; several other teams have recently left London for Geneva or Zurich. TNK-BP is opening a trading arm in Geneva; it will be based a short walk away from the third, fourth and fifth largest trading firms in the world. This is a blow for London, which for the first time since the late 1980s is losing its lead in the trading of physical crude and oil products. Globalisation is not just about buying cheap Chinese goods: it also limits the state’s powers to over-tax or over-control its citizens. Britain needs to wake up to this new reality, and [email protected] me on Twitter: @allisterheath whatsapp by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryUndoMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailUndoPeople TodayNewborn’s Strange Behavior Troubles Mom, 40 Years Later She Finds The Reason Behind ItPeople TodayUndoTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastUndoSenior Living | Search AdsNew Senior Apartments Coming to Scottsdale (Take A Look at The Prices)Senior Living | Search AdsUndoSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesUndoBrake For ItThe Most Worthless Cars Ever MadeBrake For ItUndoBetterBe20 Stunning Female AthletesBetterBeUndoWanderoamIdentical Twins Marry Identical Twins – But Then The Doctor Says, “STOP”WanderoamUndo Show Comments ▼ Share whatsapp Thursday 17 February 2011 9:10 pm More From Our Partners Brave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgKansas coach fired for using N-word toward Black playerthegrio.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgFans call out hypocrisy as Tebow returns to NFL while Kaepernick is still outthegrio.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgFort Bragg soldier accused of killing another servicewoman over exthegrio.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgColin Kaepernick to publish book on abolishing the policethegrio.com States no longer monopolise citizens Tags: NULL
whatsapp Show Comments ▼ KCS-content whatsapp Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe Wrap2 HFPA Members Resign Citing a Culture of ‘Corruption and Verbal Abuse’The Wrap’Small Axe’: Behind the Music Everyone Grooved On in Steve McQueen’sThe WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe Wrap’Black Widow’ First Reactions: ‘This Is Like the MCU’s Bond Movie’The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe Wrap Share Tuesday 19 April 2011 8:10 pm Rising real estate values push Grosvenor to profit THE DUKE of Westminster’s Grosvenor Properties swung into profit last year, the firm announced yesterday, as an uplift in property valuations propelled its recovery. The firm posted a pre-tax profit of £394.8m for 2010, from a £235.8m loss the previous year. Total assets rose 2.7 per cent to £4.2bn while net assets rose 5.8 per cent to £2.6bn.Gross rents for the firm, which owns swathes of Mayfair and Belgravia, declined 10.6 per cent to £284m. But revenue profit, which Grosvenor views as the best measure of its underlying performance, rose 3.2 per cent to £64.2m.The company said it plans to reinvest in development projects to benefit from the continued rise in property values following two years of losses, as well as beefing up its fund management business. Tags: NULL
ART Holdings Limited (ARTD.zw) listed on the Zimbabwe Stock Exchange under the Paper & Packaging sector has released it’s 2021 interim results for the half year.For more information about ART Holdings Limited reports, abridged reports, interim earnings results and earnings presentations visit the ART Holdings Limited company page on AfricanFinancials.Indicative Share Trading LiquidityThe total indicative share trading liquidity for ART Holdings Limited (ARTD.zw) in the past 12 months, as of 1st May 2021, is US$434.15K (ZWL36.38M). An average of US$36.18K (ZWL3.03M) per month.ART Holdings Limited Interim Results for the Half Year DocumentCompany ProfileAmalgamated Regional Trading Holdings Limited (ART) manufactures and distributes products in three key categories paper products, stationary and batteries. Its product portfolio is diverse; ranging from tissue paper, sanitary ware and disposable napkins to writing pens and automotive, solar and standby batteries. Its products fall under the brand names Exide, Eversharp, Softex and Chloride. The company also has substantial interests in timber plantations and offers forestry resources management services. ART has a southern African footprint, with a strong presence in Zimbabwe, Zambia, Malawi and South Africa. Formerly known as Beachmont Trading Limited, its name changed to Amalgamated Regional Trading Holdings Limited in 2001. The company is a subsidiary of Taesung Chemical Company Limited and its headquarters are in Harare, Zimbabwe. Amalgamated Regional Trading Holdings Limited is listed on the Zimbabwe Stock Exchange
Cliff D’Arcy | Friday, 24th July, 2020 Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. Our 6 ‘Best Buys Now’ Shares It’s not been a great year so far for UK investors. The FTSE 100 is down over 1,450 points in six months. That’s a loss of 19.2% since late January, before Covid-19 became a global crisis.The FTSE 100’s fastest fallThe damage came in February and March, with the FTSE 100 crashing below 5,000 on 23 March. At 35%, the fall from 2020’s high (17 January) to 23 March was the steepest (but not deepest) fall in the index’s 37-year history.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…As the FTSE 100 tracks the overall performance of its members, it’s merely an average. And I say, “Averages invite comparisons”. Thus, some shares have soared, while others have crashed and burned.The 27 winnersAgain, the main market index is down almost a fifth over the past six months. But there are six FTSE 100 shares with prices up between 31% and 88% since January. A portfolio of these six winners would be ahead by an average of 53% this year. Nice.Then come nine shares with prices up by between 11% and 23% over six months. These stocks have easily beaten the wider FTSE 100. Next are 12 shares with positive, single-digit returns ranging from 1% to 9%. So far, that’s a total of 27 FTSE 100 members producing capital gains for their shareholders.The 73 losersAs there are actually 101 FTSE 100 shares, this leaves 74 shares. Removing one share not listed for six months leaves 73 shares. All 73 shares have fallen in value in six months. Yikes.Fifteen shares are down by single digits. A further 22 have fallen 10% to 20%. Even so, these 37 shares have actually beaten or matched the FTSE 100’s near-20% loss. Further down are 14 shares diving 20% to 30%, plus 11 crashed between 30% and 40%.The dogs of the FTSE 100With 62 of 73 fallers accounted for, this leaves these 11 shares, the ‘dogs of the FTSE 100’ over six months:Compass Group -40.5%Royal Dutch Shell A -42.4%Land Securities Group -42.9%Royal Dutch Shell B -45.0%NatWest Group -46.7%Lloyds Banking Group -47.5%Informa -50.1%Melrose Industries -55.2%ITV -55.4%Rolls Royce Holdings -58.4%International Consolidated Airlines Group -65.8%IAG, owner of British Airways, is at the bottom. With no clear path to profitable air travel, I’d avoid its shares. Likewise for Rolls Royce, whose future is tied to airlines’ health. Ditto Melrose, whose shares crashed on Wednesday after awful forecasts.Media companies Informa and ITV are struggling to attract customers and advertising (though I see deep value in ITV as a FTSE 100 takeover target). As a landlord, Land Securities is having a bad time collecting rents and faces big writedowns within its property portfolio. Compass Group can’t serve much food while entire workforces work from home.My two picks from the dogsOf three remaining FTSE 100 candidates, my picks are Lloyds and Shell. I would buy Lloyds at 30.1p today. For the price of a pack of gum, you gain part-ownership of a £21.3bn bank with millions of customers. I can imagine Lloyds’ future dividend hitting 3p a year, a yearly cash return of roughly 10% at this price.Shell is one of the world’s oil supermajors, employing 86,000 people across 70 countries. When Shell’s suspended dividend resumes, it might exceed 6% a year on today’s 1,207p share price.In short, both Lloyds and Shell are attractive as value and future-dividend plays, which is why I’d happily buy both FTSE 100 shares today. Enter Your Email Address See all posts by Cliff D’Arcy Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. Image source: Getty Images These 10 FTSE 100 shares have crashed up to 66%. I’d buy two ‘fallen angels’ today! “This Stock Could Be Like Buying Amazon in 1997” Simply click below to discover how you can take advantage of this. I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Cliffdarcy has no position in any of the shares mentioned. The Motley Fool UK has recommended Lloyds Banking Group. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors.
Jim Mallinder – Northampton Saints Director of RugbyNorthampton Saints today announced the signing of US Eagles forward Samu Manoa ahead of the 2011/12 season.Twenty-six-year-old Manoa stands at 6 feet 6 inches and weighs in at 122kgs. He has one international cap to his name, won against Georgia last November, but has played for the Eagles in a number of non-cap matches, including against Saracens in September 2010.He comes from Concord, California, and plays for San Francisco Golden Gate RFC, winning the National Super League Championships. NORTHAMPTON, ENGLAND – APRIL 07: Jim Mallinder, the Northampton director of rugby looks on during the Northampton Saints training session held at Franklin’s Gardens on April 7, 2011 in Northampton, England. (Photo by David Rogers/Getty Images) Manoa, who can also play lock and in the back row, has also played club rugby in New Zealand and last October scored the winning try for the Eagles in their win over Tonga ‘A’, his ancestral home, and followed that up with a score against Argentina Jaguars five days later.Director of rugby Jim Mallinder says that while not many people may have heard of Manoa at the moment he had the potential to impress next season. “We have been impressed by what we have seen of Samu,” he said. “He is physical, has good ball skills and an outstanding turn of pace for a big man. He is also eager to make the most of his opportunity in England and wants to succeed in the Premiership. We’re looking forward to seeing what he can do in the Saints environment.” LATEST RUGBY WORLD MAGAZINE SUBSCRIPTION DEALS
Ireland centre Robbie Henshaw has failed in his battle for fitness ahead of Ireland’s Rugby World Cup opener against Canada resulting in Luke Fitzgerald starting at No 12.Henshaw injured a hamstring in Ireland’s final training session before travelling to England for the tournament.Dave Kearney retains his place on the wing at the expense of Tommy Bowe, while Munster’s Keith Earls edges out Simon Zebo for a place on the opposite flank.>>> Why Ireland have no reason to panic Luke Fitzgerald starts in the centres for Ireland’s Rugby World Cup opener against Canada after Robbie Henshaw’s hamstring injury Stand-in: Luke Fitzgerald will slot in at 12 in Robbie Henshaw’s absence Iain Henderson will partner captain Paul O’Connell in the second row, having beaten Devin Toner for the position. Towering lock Toner does not even make the bench, with coach Joe Schmidt preferring the versatility of Donnacha Ryan, who can also cover at flanker. Ireland: R Kearney; D Kearney, J Payne, L Fitzgerald, K Earls; J Sexton, C Murray; J McGrath, R Best, M Ross; I Henderson, P O’Connell (capt), P O’Mahony, S O’Brien, J Heaslip.Replacements: S Cronin, C Healy, N White, D Ryan, C Henry, E Reddan, I Madigan, S Zebo. LATEST RUGBY WORLD MAGAZINE SUBSCRIPTION DEALS
ArchDaily Year: 2019 Photographs HC House / Dom Architect Studio Vietnam “COPY” ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/937312/hc-house-dom-architect-studio Clipboard Save this picture!© Hoang Le+ 25Curated by Hana Abdel Share Projects Manufacturers: AutoDesk, Electrolux, Jotun, Panasonic, Toto, Acor, Samsung, Xingfa AluminiumArchitect In Charge:Nguyen Anh DucDesign Team:Nguyen Ngoc Hoang, Truong Anh DucClients:Ms Cúc, Mr HùngCollaborators:Nguyễn Sơn,Mr HậuCity:Hà TĩnhCountry:VietnamMore SpecsLess SpecsSave this picture!© Hoang LeRecommended ProductsRenders / 3D AnimationEnscape3D Real-Time Rendering SoftwareResidential ApplicationsCymat Technologies Ltd.Hudson Valley Home, USA – Alusion™ Stabilized Aluminum FoamDoorsECLISSESliding Pocket Door – ECLISSE LuceMetallicsKriskadecorMetal Fabric – Outdoor CladdingText description provided by the architects. HC House is a residential project of a small family in the urban area in Ha Tinh city, Ha Tinh province. We developed this project by connecting family routines, hobbies, professional characteristics and some memories of the old house where they lived in many years ago. This is a townhouse which is a typical type of residential project in Vietnam. Its dimensions is 7.5x19m, the facade is the only open area. The unique context and site constrain create challenges for the designer to create a space that is the modest and the most natural ventilation.Save this picture!© Hoang LeSave this picture!Ground floor planSave this picture!Section 01Save this picture!© Hoang LeWe bring light into the house by creating a central axis with voids through out the the floors, this solution connect the internal and the external spaces. The light is distributed evenly between the public and the private area. Clear sky can been seen through the sky light on the rooftop, this provide the relief for the user. The owner is a teacher. whom provide classes at home. We created a stairway at the front to provide an easy and separate access way for the students to come in and out.Save this picture!© Hoang LeBecause Client requires to keep using entire basic furniture of the current house after renovation, it’s important to find suitable finishing material which can match the old furniture with open and simple modern style as “connecting material”. The key material is grindstone floor which can connect the old and new elements together. The Client want to bring the plants in the current garden to the new house, so it’s necessary to design positions for them. We can create a green space and record of familiar old garden. Starfruit tree shall be placed near the dining table.Save this picture!© Hoang LeHC house is the result of a combination of simple space structure, modern friendly building materials, sophisticated construction methods but focusing on solving ventilation issues such as natural lighting and ventilation as well as the convenience of using functional spaces both inside and outside, but the design still creates the necessary privacy and security. In our opinion, the house is a typical example of an open, autonomous living space of young Vietnamese families.Save this picture!© Hoang LeProject gallerySee allShow lessSpotlight: James StirlingArchitecture NewsHouse AC / HormaSelected Projects Share Area: 142 m² Year Completion year of this architecture project Houses CopyHouses•Hà Tĩnh, Vietnam ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/937312/hc-house-dom-architect-studio Clipboard Photographs: Hoang Le Manufacturers Brands with products used in this architecture project HC House / Dom Architect StudioSave this projectSaveHC House / Dom Architect Studio Architects: Dom Architect Studio Area Area of this architecture project “COPY” CopyAbout this officeDom Architect StudioOfficeFollow#TagsProjectsBuilt ProjectsSelected ProjectsResidential ArchitectureHousesHa TinhOn FacebookHà TĩnhVietnamPublished on April 22, 2020Cite: “HC House / Dom Architect Studio” 22 Apr 2020. ArchDaily. Accessed 10 Jun 2021.
Advertisement AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis We’ve just added details of over 40 training courses for fundraisers…We’ve just added details of over 40 training courses for fundraisers that the Directory of Social Change is running from now until March next year. You can find these plus an extensive list of courses for fundraisers on the UK Fundraising events directory. Howard Lake | 28 June 2001 | News About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving. 13 total views, 1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis DSC fundraising courses listed
About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving. Tagged with: Digital Research / statistics Wikimedia’s annual campaign attracts over 1 million donors Advertisement Howard Lake | 5 January 2012 | News The annual global fundraising campaign by the Wikimedia Foundation, the organisation that supports online encyclopedia Wikipedia, has raised a record $20 million from more than one million donors in nearly every country in the world. Donations have risen every year since the fundraising campaigns began in 2003.Since 2008, the number of Wikimedia Foundation donors has increased ten-fold, and the annual campaign total has risen from $4.5 million to over $20 million.“Our model is working fantastically well,” said Sue Gardner, Executive Director of the Wikimedia Foundation. “Ordinary people use Wikipedia and they like it, so they chip in some cash so it will continue to thrive.”The funds generated help pay for the servers and other hardware, legal services, volunteer support and to develop the site functionality.The Foundation, which has a budget for $28.3m for 2011-12, also secures funding from grantmakers and receives small donations throughout the year.Its fundraising appeal is increasingly sophisticated. For some years it has analysed which banner ads and which messages on its site generate more funds. This year more than 100 volunteers translated the banners and appeals into dozens of languages, reaching hundreds of millions of people.As well as Wikipedia, the Wikimedia Foundation also runs 10 projects including Wikimedia Commons, Wikibooks, and Wiktionary.Imagine a world in which every single human being can freely share in the sum of all knowledge. 18 total views, 1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis