The UK’s compensation culture and taxpayer-backed legal system allows every national to have equal access to justice, which makes a no win no fee solicitor available to anybody who needs to make an injury claim. However, the increasing number of no win no fee solicitor agencies, claims management companies and others make them pests, especially those who advertise over the internet, chat, text messaging and even calls.
But I don’t view them as pests; not after what one did for my sister.
A speeding motorcycle hit my sister, she was a victim, but the motorcycle driver died because of severe concussions. The light vehicle hit her leg. Doctors said her leg joints were fragmented.
I approached the family of the motorcycle driver, who then refused to provide compensation simply because their son died already. However, I said it is only fair they help me save my sister. Still, they wouldn’t budge. So I went for a claims expert for help.
The claims expert understood the situation and he said the burden of responsibility lies with the next of kin, meaning, the victim’s family. Their insurance company of their son can provide them monetary compensation upon their death. However, they still have a responsibility to my sister. The claims expert stressed to claim for loss of consortium or impairment, given that her leg only had a 10% possibility of recovery.
The claims expert pestered the family for months until they finally gave in. I find the 25% I paid him for compensation as even small given the consistent pestering I also did with him for progress. But he handled the situation effectively, as their advertisement text message had promised me.
Spanish contractor Sacyr denies halting work at Panama Canal despite the call of Panama President Ricardo Martinelli for help regarding Sacyr’s threat of halting construction because of the government’s massive cost overruns. Sacyr President Manuel Manrique said that they had set no date to stop the work in the canal.
The official figures of the dispute regarding the cost overruns involve the Panama Canal Authority and other contractors for not paying $1.6 billion in extra costs for the construction of Panama Canal.
The new Panama Canal project, backed by the United States and other countries, will enable the shipping route to manage larger vessels, which would reduce trade costs for many overseas companies.
Sacyr said if the cost overruns were not addressed, 10,000 jobs were at risk. However, the Panama Canal Authority said that it will not “yield to blackmail”, which is their view of Sacyr’s statement.
However, Manrique admitted that work may eventually stop if funding ceases. It has not yet given a final decision regarding the matter. According to Canal Administrator Jorge Quintano, Sacyr is being “inflexible” with its negotiations. Sacyr stressed in a statement that “without an immediate solution, we face years of disputes in national and international tribunals.”
Panama President Ricardo Martinelli had asked Spain for help against a Spanish contractor who had threatened to halt construction until it gets paid for massive cost overruns.
The Spanish builder Sacyr, which is the leader of Grupo Unidos por el Canal (GUPC), which includes major building companies in Europe, claimed that the Panama Canal Authority, who has authority over the waterway, has a total of $1.6 billion in cost overruns. It had given the Panama Canal Authority until January 20 to comply with their issue.
The project, which is now constructing a third set of locks that could handle bigger ships, is set on a halt from 2009.
President Martinelli had met with Spain’s Public Works Minister Ana Pastor in Panama City to discuss the dispute between the two countries. Pastor said that she aims for helping the two individual companies involved to reach agreement.
The Panama Canal project was supported by many western and South American countries because it could cut down costs. The canal, originally built in 1914, handles 5% of the world trade with the number of ships that take port in its facilities. The new locks will help the canal accommodate larger ships coming from modern ports.
United States Vice President Joe Biden said that the potential of developing Panamanian canals for shipping lanes could do well for western and global commerce.
Biden said that newer ships are capable of carrying entire vehicles, shipments of car machine parts and other materials that pass through other canals and passages, which become more costly for some manufacturers. However, he said that if the Panamanian canal allows these bigger ships to fit in seamlessly, a “barrier” will disappear from the economic progress.
The development of Panamanian canals, according to the Vice President, will allow American manufacturers to have a gateway to the Atlantic and Pacific.
According to him, currently, the Panamanian President Ricardo Martinelli is currently working on a project that will develop the Panamanian canal to accommodate US manufacturing and shipping ships.
The canal trips begin and end in the United states, which helps the country lower the cost of exports and increase the volume of their exports, helping manufacturers grow their businesses and helping the economy. The canal will also connect manufacturers to the Asian markets.
He said that he is encouraging investors to place their confidence in the success of the Panamanian canal as it would help save the economy of the United States and enrich the global economy.
The Treasury and Ministry of Justice said that all claims management firms who would continue to harass UK nationals and deliver unwarranted PPI claims to banks and financial companies will be fined for their actions. The MOJ’s actions are its response to banks complaining about rogue claims management companies adding up to their administrative costs by sending in unfounded PPI complaints.
According to Lloyds, its £8 billion PPI refund allocation has £1.6 billion attributed to administrative costs alone. Every lender in the UK almost pays 30% of their PPI refund to administrative costs due to fraud or unfounded PPI complaints.
PPI or payment protection insurance helps consumers repay their loans, mortgages and credit cards when they get sick or into an accident. However, due to many consumers sold an insurance they did not need, the UK government had pushed the financial industry to refund their consumers. If you want to know the total amount of refunds you could get, you can consult a PPI calculator mostly found online.
Rogue PPI claims management firms are known for cold-calling consumers and inviting consumers to make a PPI claim through text. Most of these companies charge up-front fees to claimants and do not inform them that the Financial Ombudsman is another free service they could use for PPI claiming.
Panama had released the majority of the North Korean Ship that it intercepted to be delivering weapons to North Korea from Cuba. The crew will be released from prison and will be allowed to return to North Korea according to a Panama official. The three remaining crew, including the captain, his assistant and the political emissary will face charges.
The anonymous official accused the three of carrying illegal weapons, which amount to 12 years in prison. Another anonymous official said that the other North Koreans will be released the following week.
North Korea released a statement that it demanded Panama return the 10,000 sacks of sugar the ship was carrying and bound to deliver from July 15, 2013. The sugar was to be used to make candy for an end of the year celebration for North Korean children. The sugar was worth $5 billion according to the anonymous Panamanian official.
Panamanian officials seized the ship when it passed Panama on suspicion that it carried drugs. They discovered the ship to be carrying two Cuban fighter jets, both in good working condition.
When asked about the situation, Cuba said that the weapons they provided to North Korea were obsolete.
UN Law states that Cuba had violated the sanction against selling and supplying weapons to North Korea.
The Financial Conduct Authority said that only six out of eighteen UK banks were performing effectively in compensating customers who were mis sold PPI. The remaining 12 financial companies were unnecessarily delaying customers and they have not compensated their customers properly. The FCA said that one of the twelve were due for enforcement action and others may be fined.
The Financial Ombudsman echoes the same notion as it reports it received 266,388 PPI complaints in the first half of 2013, nearly a 26% increase in the PPI complaints from 2012. Financial Ombudsman Chief Natalie Ceeney pointed out that banks are still “dragging their feet”, having 8 out of 10 bank-rejected claims upheld for consumers.
PPI is an insurance product that goes with your loan or mortgage, but if you were already excluded from the terms and conditions, or these exclusions were not shown to you, you are mis sold the insurance. Claims management companies such as PPI ClaimBack Co could help you get back the compensation you deserve.
The FCA expressed its disappointment with the financial institutions and are studying possible improvements for PPI complaints processing. The total PPI compensation bill UK banks and financial institutions face goes around £12 billion.
US Senator John McCain said to Russians that they do not deserve a president such as Vladimir Putin and encouraged them to demand their rights to life, liberty and happiness. The Senator wrote about Putin in an opinion article detailing the perceived corruption and government of the Russian President.
McCain added that Putin is running the country by repression, violence and deep corruption. He pointed out that the government always attempts to imprison their political opponents, control the media and rig their elections.
The Senator said that he wrote the speech in concern for the Russian people and that they deserve a better president than what they currently have. Vladimir Putin is currently president of Russia for 14 years.
Putin recently said that if the US did not agree to Russia’s plan to destroy the Middle East’s chemical weapons and armament, the balance of international law and order might be thrown out of balance.
McCain also included the alliance of Russia to Syria and other countries not recognized by the United States and other western countries. He pointed out that the way Putin structured and brought up Russia was through alliances of MidEast tyrants.
Putin pointed out that the US and the UN have no right to attack Syria because there is still no evidence that it was the Syrian regime that used the chemical weapons that killed 1,400 civilians.
US President Barack Obama is convinced greatly that the Syrian regime are behind last weeks’ chemical attack in Damascus. However, the US willingness for a military strike can be cut short by Russia’s veto powers in the United Nations Security Council.
Russia greatly pointed out that the western world’s intervention in Middle East affairs, such as Iraq and Libya had changed the regime of such countries completely. The Russian government expects a US military strike on Syria but has no idea when the United States will do so.
According to the Head of the Foreign Affairs Committee of the Russian Parliament Alexei Pushkov, it is only a matter of time before the United States strikes. He said that the Russian government maintains its stance that there is no proof that the Syrian regime had carried out the attack and the United Nations investigation is yet to finish.
Russia also made it clear that a military intervention from the outside could make things worse. A great rise in radicalism could occur and it would be a great violation of international law if the United States pushes through with its intentions.
Russia’s newspapers warned that the western intervention could spark a new Russian/American standoff where deterrence and nuclear weapons played a great role. Only this time, chemical weapons are in question. However, a direct military confrontation with the United States is highly unlikely.
However, Russia might also intervene by forging closer ties with Syria’s allies and increase weapons supplies to Damascus.