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Expats get wide range of services Last Updated(Beijing Time):2012-02-22 09:30

A service center catering for foreign residents has officially opened in the city's Pudong New Area following a two-month trial period.

The Foreign Affairs Service Station, set up by Pudong district police and Lianyang community at No 3 Building, 2797 Yaogao Middle Road, provides temporary residence permits and guidance on daily life and work. Eight staff workers offer assistance in English, Japanese and Korean.

"The station is equipped with personal data systems, so expats can complete temporary residence registration here in a short time, rather than having to go to the local police department and wait a long time," said Sun Qianyi, a Pudong district police officer.

The station also offers assistance to expats on more day-to-day aspects of life.

Staff workers answer inquiries from an expat in the Foreign Affairs Service Station in Pudong, Shanghai, on Monday. [Provided to China Daily]

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Expats get wide range of services

By Sally Bakewell - Tue Feb 21 12:28:02 GMT 2012

Bank of London and The Middle East Plc, the London-based Islamic bank, signed a 14 million-pound ($22 million) deal to help Global Marine Systems Ltd. buy a vessel to install subsea power cables at offshore wind farms.

The leasing transaction with the Essex, England-based marine technology and engineering company is the Shariah- compliant bank’s first in the renewable energy industry, according to a statement from the bank.

The deal “allows us to contribute indirectly to the U.K.’s attempts to diversify its sources of energy,” Jervis Rhodes, head of corporate banking at BLME, said in the statement sent by e-mail yesterday.

Nations from the U.K. to Germany are installing wind turbines offshore to curb fossil-fuel emissions and meet targets for renewable power. The U.K. plans to reach 18 gigawatts of capacity from offshore wind parks by 2020 while Germany is targeting 10 gigawatts by then. Parks will be built further from shore in deeper waters as developers seek to industrialize the technology to bring down costs.

The barge, called Cable Enterprise, will install subsea power links that help transport power generated by the turbines for use by consumers. As an Islamic bank, the transactions and contracts BLME undertakes are Shariah compliant, or follow principles of Islamic law.

To contact the reporter on this story: Sally Bakewell in London at sbakewell1@bloomberg.net

To contact the editor responsible for this story: Reed Landberg at landberg@bloomberg.net

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BLME Signs Islamic Banking Deal With Global Marine for Wind

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Level Luxury Real Estate Blazes Trail in Real Estate Market With First Flat-Fee Luxury-Focused Model for Home Sellers

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POSTED: 7:27 pm PST February 21, 2012

UPDATED: 7:29 pm PST February 21, 2012

SAN DIEGO -- A well-known real estate agent with a big presence in the San Diego community is facing accusations of mortgage fraud. Real estate agent Eric Elegado and his wife, Charmagne, are accused of committing mortgage fraud on sales transactions the couple made between 2002 and 2007.In the court Tuesday, a prosecutor from the U.S. Attorney's Office accused the Elegados and their associates of targeting low-income families and helping falsify documents so those families could qualify for loans.The couple was arrested at their gated, rented North County home on Friday morning. Seven others who worked for Eric Elegado were also arrested and charged.Elegado ran the successful E Real Estate and Loans, and he was recognizable on the Internet and through bus bench ads.Prosecutors said he and his wife of 23 years took advantage of low-income homebuyers by obtaining mortgage loans for unqualified homebuyers. According to a criminal indictment, the couple and the other employees would falsify the employment and salary information on loan documents such as false W-2 forms, bank statements, rental income statements, ownership records and bank deposits on behalf of borrowers.In total, they closed on more than 100 loans. 10News learned almost all those loans have defaulted or the homes have been foreclosed."The prosecution has claimed there are phony applications. We have no reason to believe that at this point," said Eric Elegado's attorney Paul Pfingst.Pfingst, a former San Diego County district attorney, added that the couple care for their five children and Charmagne's ailing parents in their rented home and are by no means wealthy."The Elegados are not rich people. The prosecution would have you believe they made millions of dollars," Pfingst said.Charmagne Elegado posted bail on Tuesday evening. Her husband could be released later this week.Facing multiple counts of conspiracy, wire fraud, money laundering and criminal forfeiture in the case along with the Elegados are 28-year-old Minh Nguyen of San Marcos; and San Diego residents Theodore Cohen, 54; Alexander V. Garcia, 38; Roderick Huerto, 34; Ramin Lotfi, 36; Roman Macabulos, 38, and Regidor Pacal, 51.

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Local Real Estate Agent, Wife Face Federal Fraud Charges

20-02-2012 19:36 After close to FOUR YEARS of waiting and anticipation. KiD CuDi and Dot Da Genius finally come through with the CDQ FULL VERSION OF "DOSE OF DOPENESS". I thought this was such a monumental moment in history, okay maybe that's the stan talking in me but I felt that this needed to be addressed on tape. ...and the verdict still stands. This is a dose of dopeness. WZRD and MOTMIII. Coming soon.

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KiD CuDi - Dose of Dopeness (Prod. Dot Da Genius) (Reaction/Review) - Video