Blade runner makes Olympic history

Oscar Pistorius, known as the blade runner, made history this week when he competed in the London 2012 Olympic games and made the semi-final of the 400m for men.

80,000 adoring fans were on hand to watch him make history Saturday as the first amputee to compete in track at the Olympics.

“I’ve worked for six years … to get my chance,” said the South African, who finished second and advanced to Sunday night’s semifinals. “I found myself smiling in the starting block. Which is very rare in the 400 metres.”

Oscar  was born without fibulas and his legs were amputated below the knee before he was a year old.

This incredible story illustrates that anything is possible in life and those who work hard will be rewarded.

Supermarket giant Tescos is struggling

Tesco, who’s stores have without doubt put a lot of smaller stores out of business, has seen sales in the 13 weeks to 26 May were 1.5 per cent lower than the same period last year, although the fall was less severe than the 1.6 per cent drop for the preceding quarter.

Tescos have been trying to break into financial markets too such as travel insurance over 75 85 markets that cater for senior holidaymakers.

Tesco’s management, headed by new chief executive Phil Clarke, is struggling to re-energise the retailer, the UK’s largest, which boasts 2,800 stores across the UK, following the firm’s first profit warning in 20 years in January.

Facebook shares tumble again

SHARES of Facebook have taken another tumble, continuing a downward spiral that began at the start of the week.

The blame game has already begun with some pointing fingers at Nasdaq, where technical issues created confusion during the first day of trading, and others blaming the lead underwriter of the offering, Morgan Stanley, for failing to divulge last-minute changes to revenue projections.

After being priced at $38, the shares opened at $42.05 on Friday and fluctuated between $45 and $38 throughout the day, before closing up just 23 cents.

The California company’s shares began to tumble on Monday and closed down 11%.

Dalai Lama rocks up in Hawaii

Tibetan spiritual leader, the Dalai Lama participated in a panel discussion with Native Hawaiian leaders on his second day in Hawaii at the University of Hawaii’s East-West Center and spoke about peace at a sold-out public talk on Sunday.

He has also presented in front of up to 9000 Hawaii student.

The topic of the panel discussion was “the Importance of Native Intelligence in Modern Times,” and the co-panelists were Dr. Pualani Kanahele, writer and expert on Hawaiian cultural practices and Mr. Nainoa Thompson, President of the Polynesian Voyaging Society.

It’s the Dalai Lama’s fourth visit to the islands and his first since 2008, when he went to Maui.

The Dalai Lama is next scheduled to head to San Diego as part of a North American tour.

If you head to North America for a vacation then be aware that health and medical cover can be very expensive.

Coffee giant to give a bit back

The global coffee giant Starbucks are giving a bit back to the community in terms of job creation efforts by partnering with the non-profit Opportunity Finance Network, a national network of 180 community development financial institutions (CDFIs) that orchestrate loans to businesses in low-income communities.

The Coffee shop network gave OCN $5 million at the start of the collaboration, which, when paired with the additional $1 million raised, it claims will create up to $42 million in loans to small businesses.

Starbucks has often been criticized in the past but this new scheme is hoped to raise their profile in an ethical way that will benefit many American communities hard hit by recession.