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Hikmet Ersek: India Will Continue to Remain Number One in Remittances

Image Hikmet Ersek, chief executive officer of Western Union Holdings Inc., a US-based global money transfer company, is not willing to write-off cash transfers in a hurry despite technological advances. The company’s net profit fell 14% to $212 million (around Rs.1,270 crore) in the March quarter from $247 million a year ago, as traditional money transfer routes face competition from new digital and mobile products. But Western Union, too, Ersek said in an interview on Tuesday, is slowly but surely embracing digitization by allowing people in India, for instance, to receive remittances from the US and the UK directly into their bank accounts instead of as cash transfers.
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Qualification Testing Begins on Dream Chaser's Rocket Motor

Image Sierra Nevada Corporation (SNC) have begun qualification testing on the hybrid rocket motor that will provide propulsion to their Dream Chaser vehicle in space. The initiation of testing is part of the company’s Commercial Crew Integrated Capability (CCiCap) milestones, as they continue to set their sights on transporting NASA astronauts to the ISS. The ETA – provisionally named “Eagle”, per L2 – was recently shipped to California from her home in Colorado, ahead of a series of tests that will be conducted through the summer.
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ATAA to Oppose Parole of Armenian terrorist Hampig 'Harry' Sassounian

Image The Assembly of Turkish American Associations (ATAA), America's leading and largest democratically-elected Turkish heritage membership organization, has submitted a dossier in opposition to the release of Armenian terrorist, Hampig "Harry" Sassounian, whose parole hearing will take place on July 3 at San Quentin Prison, near San Francisco, California. Sassounian, Inmate C88440, entered prison on June 29, 1984. He is at San Quentin Prison, which is a maximum security facility where notable murderers have been inmates: Sirhan Sirhan who assassinated Robert F. Kennedy; Jang In-hwan who assassinated American diplomat Durham Stevens; and Charles Manson, leader of the Manson Family apocalyptic cult.
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Sierra Nevada Corporation Completes the Finance Investment Milestone for the Dream Chaser

Image SPARKS, Nev. -- Sierra Nevada Corporation (SNC) has successfully completed another Dream Chaser milestone under NASA’s Commercial Crew Integrated Capability (CCiCap) agreement. The CCiCap Investment Finance milestone represents SNC’s commitment to significantly invest its own dollars into the design, development and testing of the Dream Chaser Space System.
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