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RIGA Authentic Justin Tucker Jersey , June 22 (Xinhua) -- Reverta, the state-owned company handling the distressed assets taken over from Latvia's Parex Bank which the government bailed out during the 2008 financial crisis, is selling its loan portfolio to Swedish-controlled firm Gelvora.


Reverta said in a statement to Nasdaq Riga stock exchange on Thursday that it would gradually turn over 4 Authentic Terrell Suggs Jersey ,500 credit files to Gelvora as part of the deal, with the process expected to take approximately three months to complete.


The value of the transaction has not been disclosed under the terms of the deal.


Gelvora is a multinational company which belongs to Swedish financial holding Marginalen AB.


Reverta's supervisory and management boards said they based their choice of investor on criteria such as the candidates' compliance with industry standards and ability to organize a transparent sales process, as well as potential legal risks that might arise from the transaction.


Reverta Authentic Marshal Yanda Jersey , which was established seven years ago to deal with the so-called toxic assets of Parex Bank whose healthy part of the business was handed over to Latvia's Citadele Bank, has so far managed to recover 754 million euros (841 million U.S. dollars), or 67 percent of Parex Bank's distressed assets.


At present Authentic C.J. Mosley Jersey , Reverta's portfolio only contains the most problematic assets with chronic solvency and liquidity issues. These loans have been overdue for more than 2,500 days on average.


At the beginning of this year, Reverta had yet to recover over 400 million euros worth of Parex Bank's distressed assets.


The Latvian government started to look for a buyer of Reverta's loan portfolio last year as under Parex Bank's restructuring plan Authentic Joe Flacco Jersey , which has been approved by the European Commission. Reverta has to sell its portfolio and fold operations by the end of this year.


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SAN FRANCISCO， Jan. 11 (Xinhua) -- Bioengineers at Stanford University in west coast of the United States have created an ultra-low-cost， hand-powered blood centrifuge with rotational speeds of up to 125，000 revolutions per minute (rpm).


The device， capable of separating blood plasma from red cells in 1.5 minutes， applies the same mechanical principles in a whirligig， which is built by threading a loop of twine through two holes in a button， grabbing the loop ends， then rhythmically pulling. As the twine coils and uncoils， the button spins at a dizzying speed.


In the case of "paperfuge，" which is built from paper worth 20 U.S. cents， the spin can exert centrifugal forces of 30，000 Gs.


"To the best of my knowledge， it's the fastest spinning object driven by human power，" said Manu Prakash， an assistant professor of bioengineering at Stanford University and senior author of a paper published in the Jan. 10 issue of Nature Biomedical Engineering.


"There are more than a billion people around the world who have no infrastructure， no roads， no electricity. I realized that if we wanted to solve a critical problem like malaria diagnosis， we needed to design a human-powered centrifuge that costs less than a cup of coffee."


A centrifuge is critical for detecting diseases such as malaria， African sleeping sickness， human immunodeficiency virus (HIV) and tuberculosis.


Inspired by spinning toys， Prakash began brainstorming design ideas with Saad Bhamla， a postdoctoral research fellow in his lab and first author on the paper. After weeks of exploring ways to convert human energy into spinning forces， they began focusing on toys invented before the industrial age as yo-yos， tops and whirligigs.


"One night I was playing with a button and string， and out of curiosity， I set up a high-speed camera to see how fast a button whirligig would spin. I couldn't believe my eyes，" said Bhamla， when he discovered that the whirring button was rotating at 10，000 to 15，000 rpms.


After two weeks of prototyping， he mounted a capillary of blood on a paper-disc whirligig and was able to centrifuge blood into layers.


With further improvements， the low-cost version is expected to enable precise diagnosis and treatment in the poor， off-the-grid regions where these diseases are prevalent.


"From a technical spec point of view， we can match centrifuges that cost from 1，000 to 5，000 U.S. dollars，" Prakash was quoted as saying in a news release from Stanford.

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NEW YORK, Sept. 20 (Xinhua) -- The United Nations (UN) and the World Bank Group plan to accelerate the flow of finance for climate action through a new platform dedicated to identifying and facilitating transformational investments in developing countries Authentic Lamar Jackson Jersey , World Bank Group President Jim Yong Kim said on Wednesday.


The platform, named Invest4Climate, will bring together investors with high-impact opportunities in developing countries such as large-scale development of battery storage Authentic Jaleel Scott Jersey , electric cars, and low emission air conditioning.


It will also facilitate such investments through the development of risk mitigation instruments and, based on demand Authentic Kenny Young Jersey , will work with national governments to improve policy environments.


Kim said at a press conference during the Bloomberg Global Business Forum that ""there are vast opportunities in developing countries in areas like clean energy and climate-smart agriculture that will lay the groundwork for a more prosperous and sustainable future.""


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