18 Sep
2019

Real Madrid monitor South American sensation Wilmar Barrios

first_imgBoca Juniors’ wonder Wilmar Barrios could soon be heading towards Europe, with Real Madrid lining up a shock January move for the Colombia internationalThe 25-year-old midfielder has been astonishing ever since he arrived at the Bombonera back in 2016. During his two-year spell with the Xeneizes, Barrios has lifted two Argentine Primera Division titles.Now, he is on his way of becoming the champions of the Copa Libertadores, as Boca comfortably cruising towards the big final.Jose Mourinho, Lionel MessiMourinho: “Lionel Messi made me a better coach” Andrew Smyth – September 14, 2019 Jose Mourinho believes the experience of going up against Barcelona superstar Lionel Messi at Real Madrid made him a greater coach.Although yet unfamiliar to a wider audience in Europe, the former Deportes Tolima man has already built a notable reputation in South America.Now, the Spanish Marca report that Real Madrid prepare to make a January bid for Barrios, as Casemiro and Modric both struggle to rediscover their last season form.With Toni Kross and the aforementioned stars being the only reliable options in the midfield, Florentino Perez has to rush back into the market to provide some depth to his squad.last_img read more

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14 Sep
2019

MPA Creates Community for Emerging Magazine Professionals

first_img Membership in MPA Next is free of charge and open to junior-level professionals at MPA member companies with up to seven years of experience. To apply, visit www.magazine.org/MPAnext. Perhaps to that end, MPA, the magazine industry’s trade association, announced today the creation of MPA Next, a membership program for junior-level magazine professionals specializing in areas like business development, ad sales, marketing, or public relations.  Something of a counterpart to the American Society of Magazine Editors’ ASME Next program, MPA Next will offer non-editorial up-and-comers with educational and networking events like workshops, lectures, forums, and media mixers. “Our member companies continue to attract some of the best and brightest talent in media today,” said Linda Thomas Brooks, MPA president and CEO, in a statement. “By providing the next generation of leaders to our industry’s top management, training programs, and the opportunity for networking amongst peers, MPA Next will stimulate discussions and share insights in new ways among all levels of experience.” Conversations around hiring and retaining talent in an increasingly competetive print and digital media space often focus on content creation and editorial, but the need for publishers to attract rising stars in a multitude of various disciplines is greater now than ever before.last_img read more

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10 Sep
2019

Mazda and Subaru hop on Toyotas selfdriving joint venture with SoftBank

first_img Post a comment 3:28 2019 Subaru Ascent review Enlarge ImageMonet Technologies’ first autonomous mobility contraption will likely be based on Toyota wild e-Palette concept.  Antuan Goodwin/Roadshow Last October, Toyota and SoftBank announced the creation of a joint venture called Monet Technologies, which seeks to mix big data and self-driving cars in an effort to create a whole little mobility ecosystem. Now Monet’s ranks are expanding in a big way.Five other Japanese automakers are hopping into Monet Technologies with Toyota and SoftBank, Reuters reports. The group comprises Daihatsu, Isuzu, Mazda, Subaru and Suzuki. Each company will invest approximately 57 million yen (about $530,000) into the company, and in return, each automaker will receive a 2% stake in the company. SoftBank and Toyota both have 35% stakes, according to Reuters.If you’re wondering where the other 20% stake is, it’s split between two other Japanese OEMs. Honda and Hino, a Toyota subsidiary for trucks, both announced the purchase of 10% stakes back in March. The two companies paid about $2.27 million each for those slices of Monet Technologies.The goal of Monet is to build a self-driving car for use in various mobility enterprises, but the focus is on providing a vehicle for a ride-hailing venture that could go up against industry stalwarts like Didi Chuxing, Lyft and Uber. It’s believed that Monet will use a vehicle similar to the e-Palette concept Toyota showed off at CES 2018.The company will start its efforts in Japan, but it hopes to expand to other countries in the mid-2020s. Some of the companies involved have a past history already, especially when it comes to Toyota — Mazda, Subaru and Suzuki all have research and development agreements with the automaker. Subaru, for example, will co-develop a new EV platform with Toyota, while Mazda and Toyota are teaming up to built a joint-venture plant in the US. More From Roadshow Mazda Subaru Toyota 2019 Mazda CX-5 Diesel review: Was it really worth the wait? Autonomous Vehicles Car Industry Mazda SoftBank Subaru Toyota 22 Photos Toyota e-Palette is its vision for a multifunctional… Toyota e-Palette concept debuts at CES 2018 Tags 2019 Mazda CX-9 review: Losing its edge? Now playing: Watch this: Share your voice 0last_img read more

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5 Sep
2019

Union Budget 2017 Review by top Indian and global analysts bankers

first_imgWatched by 24.4 million viewers, finance minister Arun Jaitley’s Union Budget 2017 has got a positive response from most bankers, analysts, policymakers, brokerages and ratings agencies, though some have sounded cautious.Here, we bring you comments and observations made by them even as the stock markets gave thumbs up to the budget for the second day (Thursday), ending with gains of 85 points at 28,226. On Wednesday, the Sensex jumped 485 points to close at 28,141, while NSE Nifty ended 155 points higher at 8,716.Read: Union Budget 2017 gives 15,500 crore tax relief to individual tax payersDoor open for rate cut by RBI: DBS Bank The Union budget for FY17/18 (Apr17 to Mar18) adopted a balanced approach between maintaining fiscal discipline and pursuing inclusive growth policies.The FY17/18 fiscal deficit target was set at 3.2 percent of GDP, a modest deviation from the roadmap’s 3 percent. Market borrowings to finance the FY17/18 (referred to as FY18 in rest of the note) deficit were lower-than-expected, helping to cheer bond yields.With the government committed to fiscal consolidation, and 4Q16-1Q17 CPI inflation well below targets, the Reserve Bank of India might consider a 25bp rate cut at its policy meeting next week. The decision will be a close call. Nominal GDP for FY18 is expected to quicken to 11.8 percent from a revised 10.2% in FY17, and provide some cushion to next year’s fiscal ratios. If the measures are well-executed, Wednesday’s budget will boost rural and urban consumption, especially amongst low-income earners. This will provide a respite from the short-term dip in activities following the banknote ban. No big shocks: Nirmal Bang Institutional Equities The 2017-18 Union Budget has been workman-like with no big shocks/flourishes. By keeping spending growth low and also keeping the net borrowing number significantly lower than market expectation, it seeks to drive growth by coaxing households and corporates to come out and consume/invest more by borrowing at cheaper interest rates.Budget math seems reasonably credible, especially in the context that no revenues have been accounted from the new income declaration scheme (Pradhan Mantri Garib Kalyan Yojana), which could be substantial. The latter could give the government some elbow room as estimates on divestment and inflows from small savings schemes may be a bit optimistic.There were no big shocks that will upset equity investors – no change in capital gains tax, continued focus on fiscal consolidation, no big political sops (except the ones already made by Prime Minister Mr. Narendra Modi on 31 December 2016), no announcement regarding Universal Basic Income plan, focus on a smaller government and ease of doing business (abolishment of Foreign Investment Promotion Board or FIPB) and also focus on a ‘less cash’ economy.Good, even if not inspiring: HDFC SecuritiesArun Jaitley has yet again delivered an elaborate and meticulous Budget, mostly within stated policies. It laboured more than it inspired. India still awaits a transformative and inspiring follow-through after demonetisation. Jaitley has scored moderately well across this list. But nowhere has he hit the boundaries that could have brought the audience to its feet in applause. Not one brave new measure cashed in on the mass-support for the politically risky move of demonetisation. The decision to abolish the FIPB and the conscious decision not to increase the number of Central Schemes are confirmations of this Government’s rational intent.While the intent to widen the tax net is commendable, the results may not be easily forthcoming as soon as aspired. We see moderate risk to direct tax collections, and hence, to fiscal discipline (or capital expenditure) as the year progresses. Global factors, as always, will throw in uncertainty.Prudent, not populist: NomuraContrary to expectations of populism in the run-up to state elections and after demonetisation, the government is sticking to its path of fiscal consolidation, albeit at a less aggressive pace: it will narrow its fiscal deficit to 3.2 percent of GDP in FY18 (year-ending March 2018) vs 3.5 percent in FY17.We think the fiscal assumptions are largely credible. We view the revenue targets as conservative overall, while we see an upside risk to revenue expenditure, which suggests that capex could be cut later if additional revenue from the amnesty scheme does not materialise or if oil prices rise further.The key message from the budget is that the government has chosen macro stability over growth, despite the pressure to present a populist budget. We see this budget as prudent and popular, but not populist.Not transformative: India RatingsThe broad theme of the FY18 budget remains on reducing the pain arising out of demonetisation and continuity of focusing on infrastructure and housing.  The fiscal deficit target at 3.2 percent of GDP in FY18 is lower than expected and positive for money markets, this will ensure transmission of low rates and benefits to the banking sector. The reduction in LNG custom duty will boost volumes for companies namely Petronet LNG Ltd.  The governments focus on lowering kerosene consumption is positive for upstream companies as zero subsidy sharing is expected in FY18. Adding two strategic crude oil reserves will take the total crude oil capacity in India to 15.33mt and provide additional energy security. Synergistic benefits will flow to the oil public sector companies, as the government proposes to create integrated PSU oil major.The railways shifting from diesel to solar power will impact diesel consumption, since the railways consume 3.24 percent of diesel in India.Realistic numbers commendable: Motilal Oswal SecuritiesIt is notable that the government has budgeted realistic to conservative growth in tax collection and avoided inclusion of any windfall receipts from the potential extinguishment of RBI’s liabilities due to demonetization, which lends credibility to its receipts estimates. It was heartening to see the government resisting calls for populist measures. Overall, we believe that the government has tried to make the maximum impact at minimum cost by providing relief to the low-income individual tax payers and reducing corporate tax for small companies – the most affected sections of the society. The government has kept inflationary bias at bay and its realistic math adds to its credibility.We also believe that a credible and economy-sensitive Budget opens the room for the RBI to deliver a rate cut.Surprises galore: SBI chairman Arundhati BhattacharyaAs far as new announcements are concerned most of them were unanticipated. The measure to tackle black money such as capping the cash transition limit to Rs 3 lacs and reforms in political funding such as reduction in minimum cash donation to political parties to Rs 2000 and novel ideas like electoral bonds were in the surprise list. These measures are nonetheless a continuation of the demonetization measure.The abolishing of FIPB is a welcome move as it removes another hurdle in movement of inward FDI. This measure will therefore boost the foreign investors’ confidence to invest in India.Given the general macroeconomic environment, domestic and abroad, the budget has achieved the much needed delicate balancing factor.Best budget, given the constraints: Angel BrokingFinance Minister has done his level best under the circumstances and the constraints on resources and his capacity to be too liberal with the fiscal deficit.The Union Budget has made a record allocation of Rs.10,00,000 crore for agricultural credit during the current financial year. This is likely to be a major boost to agriculture and a lot of sectors like agrochemicals, fertilizers, and drip irrigation systems.The fiscal discipline will ensure to keep bond yields low and also enhance rating of India’s external ratings. The commitment to keep revenue deficit at less than 1.9 percent will also be positive for the currency. This will be an indirect benefit for the equity markets in India.#ZAPRToday: 24.4 Mn watch as @arunjaitley announces 34% raise in advance tax on Personal income tax. #Budget2017 #TaxSlabs pic.twitter.com/Afd3IMwcmd— Indian TV viewership (@zapr_data) February 1, 2017last_img read more

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31 Aug
2019

Phase transitions of rice farmers may offer insight into managing natural resources

first_img © 2017 Phys.org More information: H. S. Sugiarto et al. “Social Cooperation and Disharmony in Communities Mediated through Common Pool Resource Exploitation.” Physical Review Letters. DOI: 10.1103/PhysRevLett.118.208301 Citation: Phase transitions of rice farmers may offer insight into managing natural resources (2017, May 30) retrieved 18 August 2019 from https://phys.org/news/2017-05-phase-transitions-rice-farmers-insight.html Study finds mutual reinforcement of phenotypic diversity and cooperation (Phys.org)—The Balinese subak is a self-organized agrarian society on the island of Bali in Indonesia, whose members must share a limited amount of water for irrigation and rice production. Some of the farmers share the water fairly, and some don’t. As in many societies, the members of the Balinese subak are segregated into different communities. , Proceedings of the National Academy of Sciences Explore further The researchers mapped three clusters of subaks to three phases indicated by the analytical curves: cooperation (circles); disharmony (diamonds); and defection (squares). Credit: H. S. Sugiarto et al. ©2017 American Physical Society Journal information: Physical Review Letters This document is subject to copyright. Apart from any fair dealing for the purpose of private study or research, no part may be reproduced without the written permission. The content is provided for information purposes only. Now in a new study, scientists have found that this segregation changes a society’s cooperation dynamics and may help to promote cooperation and fair resource utilization at the societal level. The results have implications for managing natural resources, which is of particular relevance for addressing environmental issues such as curbing pollution, reducing deforestation, and saving endangered species—problems that require widespread cooperation.The researchers, H. S. Sugiarto et al., from Nanyang Technological University in Singapore, the National University of Singapore, and other institutions, have published their results in a recent issue of Physical Review Letters.In their study, the researchers developed a model of social cooperation in self-organized societies that lack central governance, in which individuals are free to choose whether to abide by the rules or not. Their model shows that, as a shared resource becomes more abundant, more individuals may shift from being cooperators (who follow the rules) to being defectors (who violate the rules). At some point, the resource becomes so abundant that all individuals become defectors and social cooperation vanishes.Then the researchers looked at the same scenario, but this time they allowed the society to self-segregate into smaller communities. They found that the downside of the segregation is that it increases the social disharmony throughout the society as a whole. The upside, however, is that the social disharmony within each community becomes very low. In some communities, individuals are more likely to keep cooperating with each other—using the shared resource fairly—compared to the situation without segregation. These results were very similar to what the researchers observed in the segregated society of the Balinese subak.As the researchers explained, the results can be understood in terms of phase transitions. While phase transitions are common in many areas of physics, their role in complex systems, such as human societies, is a newer area of research. In the current study, the shift from cooperators to defectors in a society without segregation as the resource becomes more abundant represents an abrupt phase transition. The researchers explain that segregation “softens” this transition by replacing it with multiple intermediate phases, which arise because some communities are full of cooperators while others are full of defectors. “The greatest significance of our work is in the revelation that stable phases of social and ecological regimes do exist in real-world systems,” coauthor Lock Yue Chew, an associate professor at Nanyang Technological University, told Phys.org. “Our work has also developed mechanistic insights that address a vital question in social science through a more fine-grained and realistic application of ideas from physics.”In the future, the researchers plan to investigate how these results can help improve cooperative behavior in the real world, in order to better manage natural resources.”Our results are relevant to applications where the induction of cooperative social behavior is the primary approach to managing the sustainable use of limited natural resources in the context of coupled human-natural systems,” Chew said. “Potential systems of interest include the forest system, fisheries system, and many others, in addition to the rice production system of Bali in our paper.”Building on these results, in an upcoming paper the researchers report on how stress from pest infestation can affect rice growth, and how it can lead to an optimality in the farmers’ payoff. This work is scheduled to appear in the June 2017 issue of PNAS.last_img read more

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31 Aug
2019

Redesign interiors with interesting colours

first_imgTo create a calm and peaceful area where you can relax in is about more than just comfortable furniture. If the walls of your living space are loud and vibrant, then it’s going to do nothing for your stress level. At the same time you don’t have to resign yourself to boring white so make sure you redesign your interiors with interesting colours. Designers list down tips to redesign the interiors with colours: Coral colour: You can go for coral shades with cooler undertones. The coral colour is a combination of hues like orange, pink and red. Coral enhances the room and brings a touch of warmth to it. Even though it’s a soothing colour, yet it can also be the perfect bold statement. This colour signifies peace and it keeps negative feelings at bay. Also Read – Add new books to your shelfMauve colour: If you want your dining area a little sophisticated, then go for Mauve. It’s not too gray, not too violent. It is completely soothing and a graceful colour. This slightly subdued tint is bright enough for a fun-filled environment,but just calm enough to work in an adult’s bedroom when it is mixed with a palette of gray, black, blue, or cream. This is somehow related to spirituality and inspires reflection and self-awareness. Beige colour: Beige is also known as tan or buff, cream. It diverges from nearly brown to very pale cream. Beige will fade into the background as the elegant accessories pop into the foreground. To give a cozy vibe to your living area, Beige is the perfect colour tone. You can add plush pillows and a soft throw and lounge in the space all day. This colour is neutral, calm, and relaxing and signifies happiness, peace and purity. For best results, apply this color to the walls in the west direction. It is also a good color for the library. Also Read – Over 2 hours screen time daily will make your kids impulsiveShades of green: The green colour has healing properties. It is the colour of vitality and renewal that can be re-imagined in every room of your home. Green is a shade that springs with effervescence, and perhaps because of its roots in nature, it’s also extremely versatile. Since, it is a restful colour that signifies growth and renewal, the green colour is also inspired, brings comfort and equilibrium. It is beneficial health relating to heart, lungs and circulatory system.last_img read more

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4 Aug
2019

In This Issue ECB keeps rates unchanged Euro

first_imgIn This Issue.*ECB keeps rates unchanged. *Euro and Gold rally! *FOMC has “other policy moves”? *India joins other Asian currency moves higher.And, Now, Today’s Pfennig For Your Thoughts!A Jobs Jamboree Friday!Good day.  And a Happy Friday to one and all! How about that win for our Rams on national television last night? WOW!  This is the first time in over 8 years, that we have a winning record (3-2) at any point of the season! So, you can understand my excitement a little, hopefully. Otherwise, you’re stamping your foot and saying, Come on Chuck, get on with this letter!Well. today’s the day the markets have been waiting for. the U.S. non-farm employment data, or, as I’ve always called it. The Jobs Jamboree!  I saw earlier in the week that the “experts” were forecasting an increase of jobs created in September of 115,000.  And then after the ADP report printed their version and showed that the believed that 162,000 jobs were created, the “experts, changed their call to 125,000. When will they ever learn? The ADP hasn’t given us a good indication of the non-farm number since its introduction.  So, given this information, I’ll have to change my earlier thought that 125,000 jobs were created and say, that only 105,000 were created.No matter the number, 115,000, 125,000 or whatever, it’s not enough! Yes, it’s better than job losses, but, we can’t grow our economy with less than about 250,000 per month. One of the key things to look for each month has become the data that reports the number of people that have stopped looking for work, thus in the Gov’t’s infinite wisdom (NOT!) they say they no longer count as unemployed.  So, the unemployment rate drops, and the Gov’t throws a party to celebrate, when in reality, it’s all smoke and mirrors.Long time readers know that I prefer to look at the Avg Hourly Earnings and Avg Weekly Hours Worked components of the Jobs Jamboree.  And here’s where we can really learn stuff, for what good does 115,000 new jobs do if they are min. wage jobs with little benefits?  I know, it’s better than standing in the unemployment line, but maybe it isn’t.  Think about that. a person’s pride has to come in there somewhere, right?   OK. so, this wage stuff is where I see a real problem for the U.S. workers. Wages have been pretty stagnant for a number of years now.  for instance year-on-year we’ll see an increase in wages of 1.8%…  That’s not going to keep up with inflation, folks.OK. So, I spent quite a bit of time on the Jobs Jamboree this morning. Let’s take a look at the currencies.  Yesterday, I told you about the mini-rally that the euro was trading in. Well, that mini-rally lasted throughout the day, and by the time I left for home, which is much earlier in the day than I used to leave, the euro had rallied back to 1.30.  And Gold had added to its $10 gain in the morning to reach its highest level of 2012 at $1,792.This morning, the euro is still trading a bit above 1.30, but Gold has backed off $1,792, but just by a couple of dollars.  Speaking of that high for the year in Gold, last year I did some research and presented it to you all, that showed how Gold’s low level for each year had been its price in January.  Well, that pattern is holding true again this year. yes, there are 3 months left, but once Gold hits the psychological level of $1,800, all heck could break loose. I read some research yesterday on this, and the charts show that a break above $1,800 could establish a new trading range, forming a base for Gold to test the previous highs.  WOW! That’s pretty bullish. and actually has something behind it rather than the reports from the Big Banks that say they see Gold at “X”.The European Central Bank (ECB) and the Bank of England (BOE) both kept their rates unchanged and didn’t announce any new plans yesterday.  Recall I said that the ECB had the scope to cut rates, but I think ECB President, Mario Draghi, is waiting for Spain to request Eurozone assistance before he uses one of the last arrows in his quiver.  And I find that to be a good strategy.So, the markets rewarded the euro for the non-rate cut move. That’s different than I thought they would go with the news, so once again the markets have changed horses in the middle of the stream.  This morning, German Factory Orders were weaker than expected, and that caused a little slippage in the euro, but not much, as everyone is focused on the Jobs Jamboree in the U.S. this morning.Did you see the color of the U.S. Factory Orders for August?  Well, in case your local or national cable news outlet didn’t bring this to your attention, U.S. Factory Orders in August fell -5.9% !  That’s awful folks. no wonder jobs in August were only up 96,000 (with 87,000 added by the BLS from the Birth / Death model)  It’s too bad this data isn’t more up to date, so we could see if this data rebounded or not in September. I have the feeling it didn’t, but. you never know who’s cooking the books!The Fed’s meeting minutes from their meeting in September printed yesterday.  All but one member voted for the new round of Quantitative Easing (QE).  The actions taken by the FOMC in September were fairly aggressive and the Fed noted that if the outlook for the labor market “does not improve substantially”, they stand ready to undertake further QE or “employ its other policy tools” until such an improvement is achieved.  Hmmm. wonder what those “other policy tools are”?  I’m of the opinion that QE is the last chance saloon for central bank policy tools. So, now I’m intrigued as to what those “other policy tools” could be.  Well, not to be gloom and doom, but it’s my opinion that we’re going to get to see the Fed Heads implement those “other policy tools” whatever they might be!The Commodity Currencies rebounded with the euro yesterday. These currencies that include: The Aussie dollar (A$), Canadian dollar / loonie, and New Zealand dollar / kiwi, had been pushed back earlier this week when the weaker than expected Chinese Manufacturing data printed. But they are rallying this morning, and that always does my heart some good to see these currencies rally, for when they do, the risk taking is back, and the optimism for global growth has returned.So. which way does the dollar move today, after the Jobs data prints? Well, since the markets changed horses in the middle of the stream on us in the Eurozone, they will probably do so here to. So, I think we’ll get back to conventional thinking here, and if the data is better than expected (125,000) the dollar will be rewarded, and sold if the data is weaker than expected. Since I think the data will be weaker than expected, I’m looking for the currencies to rally further today.  Of course that will all be thrown out the window, should the data come in stronger than expected, which you can’t rule out, given the BLS’s propensity to make adjustments to the numbers.Don’t know if you’ve been charting the currencies in the currency round-up each day, or weekly, etc. but, if you have, you’ve probably noticed the gains in the Indian rupee this past week. Yes, we’ve seen these strong moves in the rupee before only to see them wiped out.  This move doesn’t really have legs to run on  yet, as it is moving higher on the flow of funds into India. Apparently, foreign flows into the Indian stock market have been very large, as investors around the world look for bargains and yield. We all know these flows can be reversed in a heartbeat, so be careful here.The Asian currencies as a whole though are looking pretty good these days, and with things in the Eurozone calming down a bit for now, these currencies are recovering nicely.Then There Was This. All this week I’ve harped on and on about price manipulation in Gold & Silver. a reader sent me this story that had some great data and facts that back up what I’ve been saying. from wealthcycles.com.  “Many know that as part of the Dodd-Frank Act, Congress directed the CFTC (Commodity Futures Trading Commission) to impose limits on speculative positions in physical commodity futures and related contracts. This means silver and gold shorting may become more difficult.One reason this rule change is important is that institutional traders that hold large positions in commodities futures in some cases have the ability to skew the markets. For example, in a relatively small market such as silver futures, large short positions can have the effect of artificially suppressing prices. Currently JPMorgan Chase, which inherited a large short position in silver futures when it bought Bear Stearns in 2008, is believed to control about 35% of silver futures contracts–a large enough position to hold considerable sway over market prices. The Dodd-Frank rule change was intended to limit gold and silver futures positions held by a single investor to no more than 10% of the market.”Chuck again. Too bad a U.S. district judge in Washington sided with the big banks to prevent the position limits from coming into effect.  The CFTC had received 15,000 letters that “generally were supportive of the proposal”  So once again, the will of We The People has been pushed aside. shame, shame, shame.To recap. It’s a Jobs Jamboree Friday, and the day the markets have waited all week for. The experts have upped their forecast based on the ADP number from Wednesday, to +125,000. Chuck thinks it will be 105,000. The mini-rally in the euro yesterday, carried the single unit to just above 1.30, where it has stayed overnight and through the morning. The ECB left rates unchanged, thus giving the euro some help in the rally yesterday.  The Commodity Currencies have rebounded a bit, and the Asian Currencies are stronger.  Gold reached its high level for 2012 yesterday at $1,792.Currencies today 10/5/12. American Style: A$ $1.0245, kiwi .8240, C$ $1.0195, euro 1.3010, sterling 1.6185, Swiss $1.0735, . European Style: rand 8.6075, krone 5.6785, SEK 6.59, forint 217.30, zloty 3.1310, koruna 19.1305, RUB 30.98, yen 78.50, sing 1.2265, HKD 7.7535, INR 51.85, China 6.3230, pesos 12.75, BRL 2.0185, Dollar Index 79.38, Oil $91, 10-year 1.67%, Silver $34.94 and Gold. $1,791.45 and our usual Friday tradition is to take a peek at the U.S. Debt Clock by clicking here.That’s it for today..  Well, Baseball’s version of made for TV games, will take place today. I’m not a fan of this 1-game play-in game, but it what it is, and the Cardinals are playing so I’ll be glued to the TV in hopes of a victory!  That was some game by our Rams last night. and to beat the team that left us in 1989 ( I think) was sweet!  Rams last night, Cardinals tonight, and my beloved Missouri Tigers Saturday night, WOW! For those of you keeping score at home, I’m feeling pretty good these days, the infection in my leg is still there, and reminds me of that throughout the day, but it’s much better. the tumor in my mouth continues to shrink. YAHOO, I’m hoping the “magic pills” that my friend Ed calls them, are having the same effect on the tumor in my chest! So, there you go! And looky there, it’s time to go! I hope this turns into a Fantastico Friday, don’t you?  Let’s go make this a Fantastico Friday!Chuck Butler President EverBank World Markets 1-800-926-4922 www.everbank.comlast_img read more

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31 Jul
2019

A series of offensive remarks made by a disabled M

first_imgA series of offensive remarks made by a disabled MP about other minority groups and women should end his political career, according to members of a disabled women’s collective.Sisters of Frida was among disabled groups and activists who spoke to Disability News Service (DNS) this week following revelations that Labour’s Jared O’Mara, now aged 35, had posted a string of homophobic, misogynist and racist comments on websites when he was in his 20s.The disabled MP was forced to resign from the Commons women and equalities committee after he apologised and admitted posting the comments, which had emerged through the political blog Guido Fawkes.But new concerns then emerged about further offensive comments O’Mara (pictured) was alleged to have made to a woman in a nightclub just seven months ago, comments he is reported to have denied making.Labour subsequently suspended him from the party and launched an inquiry into that incident, which is also likely to investigate the historic online comments.There has been little sympathy for O’Mara from prominent disabled campaigners this week.Eleanor Lisney, one of the founders of the disabled women’s collective Sisters of Frida, said they believed that O’Mara’s political career should now be over, although it was “up to his constituents” to decide on his future.But she added: “We don’t think he should be an MP if he has those kind of views.“He should know from lived experience how it feels like to have those kind of remarks said about you.”She said Sisters of Frida had ruled out any engagement with O’Mara, and added: “We don’t want to have anything to do with him.”She said members of Sisters of Frida were “disappointed” and “really surprised” that O’Mara managed to become an MP after previously making such misogynist, racist and homophobic comments.She said: “We can’t accept that kind of attitude. It’s not whether he said it 15 years ago or whether he said it now. It’s just not acceptable.”Lisney said Sisters of Frida believed the claims made by the woman who said O’Mara had directed offensive remarks at her in a nightclub earlier this year.And she said O’Mara had compounded the seriousness of those remarks by then calling the woman a liar.Stephen Brookes, a coordinator of the Disability Hate Crime Network, supported Labour’s decision to suspend O’Mara.He said that, as a disabled person, O’Mara should have been more aware of other equality issues.He said: “We must all remember that it wasn’t just a single throwaway remark or misguided joke.“If negative comments had been made about him or disability by one of the groups he has demeaned there would have been an outcry from all of us.“Seems we have someone who is only really sorry because they have been caught out. His suspension is absolutely justified.”Deborah King, co-founder of Disability Politics UK, said: “Jared O’Mara is entitled to due process and a fair hearing.“We will know after that whether he can be an important voice for disabled people in parliament.”She added: “Diversity and inclusion should be part of all politicians’ core values. Politicians need to be sensitive to all groups in society. The key words are dignity and respect.“All MPs need to get some good quality training which involves role play and self-assessment, not just a lecture.”Rebecca Boot, a disabled Labour party member, told DNS: “Jared O’Mara said some inexcusable things, which no one should be defending.“He says he no longer holds those views, but he needs to follow that up with substantive action.“All minority communities have experienced people just paying lip service to ‘change’ and are rightly sceptical of that.“O’Mara has been a good advocate for disabled people in parliament, highlighting the barriers in getting to elected office, issues with the practices of the House of Commons and the damage that austerity policies are inflicting on disabled people.“If he can prove that he has changed, that he no longer holds the homophobic and misogynist views that he did as a 21-year-old, and if the latest allegations are false, then I would welcome his continued involvement in disability politics.“However, we cannot throw women and LGBT+ people under the bus by allowing him to speak for disabled people if the pattern of his behaviour does not hold with his words.”Debbie Abrahams, Labour’s shadow work and pensions secretary, told DNS on Tuesday: “Anybody that makes any derogatory and discriminatory remarks must be held to account.”She said Labour was launching an investigation into the comments, but she added: “We must allow due process.”The following day, a Labour party spokeswoman confirmed that the investigation had been prompted by the allegations concerning the remarks made seven months ago.But she said it was likely that the investigation would also examine the historic comments he made on social media.She confirmed that O’Mara had been suspended from the party but would still be expected to vote on party lines.Earlier in the week, women and equalities minister Justine Greening said, in a letter to Labour leader Jeremy Corbyn: “Violent, sexist and homophobic language must have no place in our society, and parliamentarians of all parties have a duty to stamp out this sort of behaviour wherever we encounter it, and condemn it in the strongest possible terms.”She said the comments showed “the deep and persistent stain on Labour’s ability to represent women, the LGBT community and wider society”.Liberal Democrat leader Vince Cable had called on Labour to withdraw the whip from O’Mara for his “completely unacceptable behaviour”.He said: “People must have confidence that MPs will stand up against prejudice. As MPs we cannot let ourselves fall short of those standards, particularly in our dealings with the public.”After the first – misogynistic – comments emerged, and he was forced to resign from the committee, O’Mara had released a statement saying that he was “deeply ashamed of the comments I made online” and that he understood “why they are offensive and sincerely apologise for my use of such unacceptable language”.He said: “I made the comments as a young man, at a particularly difficult time in my life, but that is no excuse.”He added: “Misogyny is a deep problem in our society. Since making those comments 15 years ago, I have learned about inequalities of power and how violent language perpetuates them.”The allegations have emerged only months after O’Mara won a shock election victory over former Liberal Democrat leader Nick Clegg in the Sheffield Hallam seat.There were hopes after his election that he would provide a strong new voice in parliament for disabled people.He said he wanted to highlight the impact of austerity on disabled people, and said Tory ministers had “completely torn up the welfare system” which had supported disabled people.He also accused the government of introducing policies inspired by “eugenics” in the hope that disabled people would “suffer and die”.O’Mara later told DNS that he wanted to see the House of Commons draw up a policy on bullying and harassment by MPs to prevent the kind of behaviour he had witnessed since joining parliament.And he said he wanted to “get some decorum and professionalism in the chamber and get it into the 21st century” and try to “make it a comfortable environment and make it an inclusive environment”.*The idea that different forms of oppression can combine and overlap, for example with the discrimination experienced by black women, or by gay disabled menlast_img read more

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29 Jul
2019

PREVIEW Burnley v Man City

first_img[dropcap]A[/dropcap]fter four days of Cheltenham excess – not to mention a small loss – it’s back to business in the Premier League for today’s recommendation.With Chelsea playing on Sunday against Southampton, there’s a chance for Man City to put a modicum of pressure on the league leaders if they can beat Burnley in the tea-time kick off.A win would put Man City within two points of the lead – but crucially Chelsea will have two games in hand.So, in other words, nothing other than a win will keep City’s hopes alive in a season where their main problem has been in defence. They have now conceded in eight of their last 10 league games and also conceded two against Burnley in the reverse fixture at the Etihad in which Burnley emerged with a well earned point.Burnley are right in the thick of the relegation battle and would surely welcome another point against City, especially as Manuel Pellegrini has the luxury of a fully fit squad to choose from.Burnley v Man CityPremier League5.30pm LIVE ON SKYHEAD TO HEAD(Maximum 10 matches)Dec 2014 Premier Man City 2-2 BurnleyApr 2010 Premier League Burnley 1-6 Man CityNov 2009 Premier League Man City 3-3 BurnleyDec 2001 League Div 1 Man City 5-1 BurnleyAug 2001 League Div 1 Burnley 2-4 Man CityAug 1999 League Cup Burnley 0-1 Man CityAug 1999 League Cup Man City 5-0 BurnleyMar 1999 League Div 2 Burnley 0-6 Man CityOct 1988 League Div 2 Man City 2-2 BurnleyJan 1991 FA Cup Burnley 0-1 Man CityI’m looking at a ‘steadier’ after Cheltenham so ‘over 2.5 goals’ at around 4/6 with Star Sports will hopefully do the job nicely – to a 12 point stake.RECOMMENDED BETS (scale of 1-50 points)BACK OVER 2.5 GOALS for 12 points at around 4/6 with Star SportsRETURN SINCE START OF WORLD CUP: PROFIT 105.92 POINTSWhat’s your view? CALL STAR SPORTS 08000 521 321last_img read more

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26 Jul
2019

Sexist Job Ads Discriminate Against Women in China Even Specifying Applicants Required

first_img Free Webinar | July 31: Secrets to Running a Successful Family Business Add to Queue Job ads in China openly discriminate against women, regularly stating employers’ preference for male applicants.Some ads list a preference for men, others try to lure male applicants by describing the attractiveness of future female co-workers, while many more place unfair and unequal demands on women applicants.Analyzing more than 36,000 job ads from the last five years, Human Rights Watch released a new report on Monday detailing the extent of discriminatory job ads in China.”Nearly one in five job ads for China’s 2018 national civil service called for ‘men only’ or ‘men preferred,’ while major companies like Alibaba have published recruitment ads promising applicants ‘beautiful girls’ as co-workers,” Sophie Richardson, China director at Human Rights Watch, said.In the past, Alibaba has repeatedly advertised “beautiful girls” or “goddesses” that work for the company in its job ads, and described them as “late night benefits.”But even in January this year, Alibaba advertised three roles primarily for men. An ad for a government affairs senior specialist stated “men preferred,” as did an ad for restaurant operations support, while the ad for a crowd-sourcing delivery manager said “men only.”Last year, advertisements for feed reviewers at Baidu, who were likely being hired for censorship-related work, listed “men” alongside other job requirements such as an associate’s degree. In 2016, a job ad for the company’s filming program manager job ad stated the role required “strong logical reasoning ability, effective execution skills … men and manly women [need apply].”In response to the new report, Baidu told AFP its the job ads have been removed while Alibaba said it would conduct “stricter reviews” of its ads going forwards but the ads referred to in the report were outdated.”Sexist job ads pander to the antiquated stereotypes that persist within Chinese companies,” Richardson said. “These companies pride themselves on being forces of modernity and progress, yet they fall back on such recruitment strategies, which shows how deeply entrenched discrimination against women remains in China.”Performance by government departments were no better.Out of all national civil service jobs that were reviewed so far this year, 19 percent included the terms “men only,” “men preferred” or “suitable for men.” There was just one instance of a job ad that required the applicant to be a woman.Last year, 55 percent of jobs advertised by the Ministry of Public Security specified “men only.”These ads typically state working conditions such as “frequent overtime,” “heavy workload” and “frequent travel” that appear to be the reason for excluding women. One ad in the ministry’s news department listed “need to work overtime frequently, high intensity work, only men need apply.”One job ad site has attempted to stop the sexist ads by banning gender discrimination phrases, but there are easy workarounds. Human Rights Watch found numerous uses of Chinese characters that sound like “man,” use a Romanized version or swap “man” out for other colloquial terms.Sexist job ads in China are not a recent problem.Research from 2013 found gender-targeted ads are common in China, and that an employer’s preference for a women workers is often related to their age, height and beauty rather than skill.There are often gender-specific criteria for women hires.If organizations do try to hire women, Human Rights Watch found employers often add in strict, gender-specific criteria regarding appearance, marital status, motherhood or even alter educational requirements.In Shaanxi province, researchers found the actual job title for female train conductors was “fashionable and beautiful high-speed train conductors.”Another ad for train conductors in Hebei required women to weigh “below 65 kilograms,” be between “162 centimeters to 173 centimeters” tall and have “normal facial features, no tattoos, no obvious scars on face, neck or arms, good skin tone, no incurable skin conditions.”At Alibaba, the sole job available in January that included the Chinese character for “woman” required the applicant to “possess fine personal image.”Other ads appear to indicate employers would prefer to avoid the hassle of maternity leave, particularly under China’s new two-child policy.One job ad listed “[Applicants must be] women married with children or men.” Another, for a senior manager position at an internet company, required a “female, married with children, excellent image and temperament.”Even Beijing court assistants, who were required to be female, needed to have “proper looks.”In a number of instances women were able to apply for jobs only if they had higher qualifications than their male counterparts. In one city looking to hire management assistants, 47 positions were open to men who had high school diplomas. Two of the three same positions open to women required an associate’s degree.China is still battling gender inequality.When China ended its one-child policy, state media declared women could now return to the home in order to “better raise children.”This belief closely aligns with what appears to be the state’s desire for women to marry and remain in the home. In 2015, Beijing’s office of marriage registration caused an uproar when one of its posters saying: “Being a good wife and good mother is the biggest achievement of a woman,” began circulating online.The pressure for women to marry is so great that those who are unmarried after 27 are considered “leftover women” and “spoiled goods.”When measured for gender equality, China ranks 100 out of 144 countries. Next Article –shares Tara Francis Chan Image credit: Greg Baker | Getty Images Register Now » Sexist Job Ads Discriminate Against Women in China — Even Specifying Applicants’ Required Height, Weight and Facial Structure 5 min read This story originally appeared on Business Insider China Many job ads in China openly discriminate against women according to research from Human Rights Watch. April 23, 2018 Learn how to successfully navigate family business dynamics and build businesses that excel.last_img read more

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18 Jul
2019

Besides the US drug overdose mortality is also common in other highincome

first_imgFeb 21 2019Is the current American drug overdose epidemic an isolated phenomenon? Have other high-income countries experienced similar increases in drug overdose mortality, or are they likely to going forward? A new study published in Population and Development Review addresses these questions.By examining drug overdose death rates between 1994 and 2015 in 18 countries, Dr. Jessica Ho, of the University of Southern California, found that for over a decade now, the United States has had the highest rates of drug overdose mortality among its peer countries. Drug overdose mortality has increased rapidly in the United States over the course of the contemporary epidemic, resulting in its dramatic pulling away from other high-income countries.Related StoriesReplacing a small amount of red meat with healthier foods may improve life expectancyHeart disease is still the number 1 killer in Australia, according to latest figuresUltra-Processed foods delay satiety, increase food intake and weight gainDrug overdose mortality is now 3.5 times higher on average in the United States than other high-income countries. It is over 27 times higher than in Italy and Japan, which have the lowest drug overdose death rates. Between 2003 and 2013, drug overdose mortality increased by 0.73 (men) and 0.26 (women) deaths per 100,000 on average in the comparison countries compared with increases of 5.53 (men) and 4.15 (women) deaths per 100,000 in the United States.The potential remains for drug overdose mortality to increase in other countries in the near future, and similar and troubling signs are already discernible in some countries.”One of the most surprising findings from this study is that while Americans now have the highest drug overdose death rates, this hasn’t always been the case. In the late 1990s, Nordic countries like Finland and Sweden had the highest death rates. The countries that now look like they’re at greatest risk of following in the U.S.’s footsteps are other Anglophone countries like Canada, Australia, and the United Kingdom,” said Dr. Ho. “Over time, we’ve seen huge shifts in drug overdose, and we need to pay attention to the factors that contribute to the development and continued persistence of this epidemic in the United States and, potentially, whether it spreads to other countries.”Source: https://newsroom.wiley.com/press-release/population-and-development-review/drug-overdose-epidemic-unique-united-stateslast_img read more

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18 Jul
2019

US lawmakers challenge Facebook over Libra cryptocurrency plan

first_imgWASHINGTON/NEW YORK (Reuters) – U.S. lawmakers bashed Facebook on Wednesday over its planned cryptocurrency, saying the company had not shown it could be trusted to safeguard the world financial system and consumers’ data. The social media company is fighting to get Washington on its side after it shocked regulators and lawmakers with its announcement on June 18 that it was hoping to launch a new digital coin called Libra in 2020. It has faced criticism from policymakers and financial watchdogs at home and abroad who fear widespread adoption of the digital currency by Facebook’s 2.38 billion users could upend the financial system. “I have serious concerns with Facebook’s plans to create a digital currency and digital wallet,” Maxine Waters, chairwoman of the Democrat-controlled House Financial Services Committee, said in her opening remarks. “If Facebook’s plan comes into fruition, the company and its partners will wield immense economic power that could destabilize currencies and governments.” Lawmakers on the House Financial Services Committee questioned David Marcus, the Facebook executive overseeing the project, who was grilled by the Senate Banking Committee on Tuesday over the possible risks posed by Libra to data privacy, consumer protections and money laundering controls. The hearing in Congress proved to be even more tense on Wednesday. Facebook has been on the defence amid a backlash over mishandling user data and not doing enough to prevent Russian interference in the 2016 U.S. presidential election. David Marcus, CEO of Facebook’s Calibra, testifies to the House Financial Services Committee hearing on “Examining Facebook’s Proposed Cryptocurrency and Its Impact on Consumers, Investors, and the American Financial System” on Capitol Hill in Washington, U.S., July 17, 2019. REUTERS/Joshua Roberts“You expect us to believe that you’re going to start collecting financial data and not share it because you promised not to do that?” said Democratic U.S. Representative Alma Adams. The social media company has said its digital wallet subsidiary Calibra will only share customer data with Facebook or external parties if it has consent, or in limited cases where it is necessary. Democratic Representative Carolyn Maloney pushed Marcus to commit to a Libra pilot programme with 1 million users overseen by U.S. financial regulators, including the Federal Reserve. “I don’t think you should launch Libra at all,” Maloney said. “At the very least you should agree to do this small pilot programme.” Marcus, who was president of PayPal from 2012 to 2014, did not commit to a pilot but tried to assuage lawmakers by pledging not to begin issuing Libra until regulatory concerns had been addressed. “We will take the time to get this right,” Marcus said. He said the company had unveiled the project at an early stage in order to get feedback from all stakeholders. ‘INNOVATION IS GOOD’ While many lawmakers on both sides of the aisle aired concerns and scepticism about the project, several Republicans argued the government should not be reflexively opposed to new ideas from the private sector. Some noted Libra could produce benefits for people lacking traditional banking services. “We should presume that innovation is good; it presents enormous opportunity,” said Republican U.S. Representative Andy Barr. Slideshow (7 Images)Congress members asked how Facebook will ensure sufficient consumer protection and prevent the cryptocurrency from being used for illegal activities such as money laundering or terrorist financing. “I’m concerned a 2020 launch date represents deep insensitivities about how Libra could impact U.S. financial security, the global financial system, the privacy of people across the globe, criminal activity and international human rights,” said Republican U.S. Representative Ann Wagner. Facebook has said Calibra will be carrying out compliance checks on customers who want to sign up. Reporting by Pete Schroeder and Anna Irrera; editing by Cynthia Osterman, Bernadette Baum, Susan Thomas and Jonathan OatisOur Standards:The Thomson Reuters Trust Principles.last_img read more

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17 Jul
2019

Tirupur exporters body appeals for early settlement of lorry strike

first_imgCOMMENTS strike RELATED COMMENT Tirupur Exporters’ Association has appealed for immediate intervention to settle the lorry strike as it has started to impact the movement of goods adversely, the association president, Raja M Shanmugham, has said.“Exporting units in Tirupur are unable to transport the finished garments for shipment either through the sea ports of Tuticorin, Chennai or Kochi or airports such as Chennai, Bengaluru and Kochi.””Buyers do not tolerate supply delay and this is a very season-conscious, design-driven business. And we are competing with countries like Bangladesh, Cambodia, Myanmar, Sri Lanka, Pakistan and Vietnam, who are in an advantageous position, while we are struggling to sustain in business here.” “Stoppage of vehicle movement from the garment unit to outside job working units like knitting, dyeing, compacting,printing, embroidery, checking, ironing and packing would affect production and these job working units will not be in a position to provide work to the employees,” Shanmugham said and appealed to the Lorry Owners’ Association to exempt the transport of export goods as also movement of goods. Published oncenter_img SHARE Trucks can now legally carry 20-25% more load SHARE SHARE EMAIL July 21, 2018last_img read more

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