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A $75-million superyacht linked to a sanctioned Russian steel billionaire was auctioned on Tuesday in Gibraltar, court sources said, in what is understood to be the first sale of its kind since Russia invaded Ukraine in February.The Axioma was impounded by the Gibraltar authorities in March after U.S. bank JP Mo عفوا ,,, لايمكنك مشاهده الروابط لانك غير مسجل لدينا [ للتسجيل اضغط هنا ] rgan JPM.N said its alleged owner Dmitry Pump عفوا ,,, لايمكنك مشاهده الروابط لانك غير مسجل لدينا [ للتسجيل اضغط هنا ] yansky had reneged on the terms of a $20 million loan.The 72.5-metre vessel was auctioned by the Gibraltar Admiralty Court through a system of closed bids to be sent electronically by midday on Tuesday, a court spokesman said.There was an unexpected late surge by prospective buyers around the world for the vessel, Nigel Hollyer, broker to the Admiralty Marshal of the Supreme Court of Gibraltar who led the auction, told the Guardian newspaper last week.The boat sleeps 12 people in six cabins and boasts a swimming pool, a sp عفوا ,,, لايمكنك مشاهده الروابط لانك غير مسجل لدينا [ للتسجيل اضغط هنا ] a, 3D cinema and water sports equipment.According to court papers seen by Reuters, JP Morgan lent 20.5 million euros to British Virgin Islands-listed Pyrene Investments Ltd which was owned by Furdberg Holding Ltd. Furdbergs owner was Pumpyansky, who acted as guarantor for the loan.The papers said Pyrene Investments defaulted on the loan terms after Pumpyansky on March 4 transferred his shares in Furdberg to a third party and was then sanctioned, blocking the repayment of the loan.The 58-year-old, who has an estimated fortune of $2 billion according to Forbes magazine, was sanctioned by Britain and the Eur Uymc SCOTT A. MCGARY
NEW YORK — That coffee youre drinking while gazing at your iPad It cost more than all the electric عفوا ,,, لايمكنك مشاهده الروابط لانك غير مسجل لدينا [ للتسجيل اضغط هنا ] ity ne عفوا ,,, لايمكنك مشاهده الروابط لانك غير مسجل لدينا [ للتسجيل اضغط هنا ] eded to run those games, emails, videos and news stories for a year.The annual cost to charge an iPad is just $1.36, according to the Electric Power Research Institute, a non-profit research and development group funded by electric utilities.By comparison, a 60-watt compact fluorescent bulb costs $1.61, a desktop PC adds up to $28.21 and a refrigerator runs you $65.72.The group, known as EPRI, studied the power consumption of Apple Inc.s iPad to determine the effect that the newly-popular devices might have on the nations electricity use.The answer: not much.If the number of iPads triples from the current 67 million, they would need the electricity from one small power plant operating at full strength.But if people are using iPads instead of televisions to play video games, or ditching their desktop computers for iPads, the shift to tablets could mean lower overall power consumption. A desktop computer uses 20 عفوا ,,, لايمكنك مشاهده الروابط لانك غير مسجل لدينا [ للتسجيل اضغط هنا ] times more power than an iPad.Baskar Vairmohan, the EPRI researcher who conducted the iPad test, said the group is now studying usage to understand whether the explosion of tablets is adding to power consumption, or reducing it.Residential power demand is on track to fall for the third straight year, according to the government. A weak economy is keeping people in smaller houses and shacked up with others. At the same time, efficiency programs are pushing more effici[/SIZE][/COLOR][/FONT]