Saturday, March 10, 2007

Tennessee, USA State lottery hits $3 billion ticket sales

State lottery hits $3 billion mark for ticket sales

The Tennessee state lottery has hit the $3 billion mark.

The three-year-old lottery has hit the $3 billion mark for gross ticket sales, lottery officials said in a press statement this morning.

Lottery funding benefits state education programs

Read the full news report here @ Tennessean

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South Africa To Invest 25 Billion Rand In Fighting HIV/AIDS

South Africa To Invest 25 Billion Rand In Fighting HIV/AIDS

March 9th 2007

South Africa announced Friday it would spend 25 billion rand (3.3 billion dollars) fighting HIV/AIDS over the next five years.

The government aims to half the number of new HIV infections by 50 per cent by 2011 and provide treatment to a least 80 per cent of HIV-positive people

See more from this news report @ Playfuls

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FAA Plans $1 Billion Spending Boost By 2012

FAA Plans $1 Billion Spending Boost By 2012

Mar 9, 2007
By Adrian Schofield/Aviation Daily

FAA plans to increase its capital spending on modernization efforts by more than $1 billion a year by fiscal 2012, with the largest increase -- nearly $500 million -- slated for FY2009.

Spending is expected to be about $2.5 billion in FY2008 and $3.5 billion four years later. The bulk of the capital increase will be in projects supporting the Next Generation Air Transportation System (NextGen).

Read the full news report here @ Aviation Week

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Asbestos victims claim Asarco LLC owes $2.66 billion

Asbestos victims claim Asarco LLC owes $2.66 billion

By Steven Church
Bloomberg News

Tucson, Arizona | 10 Mar 2007

Tucson-based Asarco LLC owes asbestos victims as much as $2.66 billion, the victims' lawyers say.

The estimate, contained in a March 5 court filing, is disputed by Asarco, its parent company Asarco Inc. and general creditors.

Read the full report here @ AZStarNet

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Dubai rough diamond trade reaches US$3.93 billion in 2006

Dubai rough diamond trade reaches US$3.93 billion in 2006

The total trade in rough diamonds in Dubai reached US$3.93 billion in 2006, up from US$3.73 billion in 2005, according to the Dubai Diamond Exchange (DDE). Rough diamond imports to the emirate reached US$1.56 billion in 2006, while exports stood at US$2.37 billion for the same period.

In terms of carat value, a total of 84.6 million carats were traded in 2006, compared to 71.2 million in 2005.

Full news story from here @ Dubai City Guide

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