28 Oct
2019

a month agoArsenal youngster Smith Rowe out for two weeks with concussion

first_imgArsenal youngster Smith Rowe out for two weeks with concussionby Freddie Taylora month agoSend to a friendShare the loveArsenal midfielder Emile Smith Rowe is set to miss two weeks of action after suffering a head injury against Nottingham Forest.Manager Unai Emery said after the 5-0 win that Smith Rowe’s collision with Forest skipper Jack Robinson wasn’t serious.The 19-year-old has suffered concussion and will not return to action for at least six days due to FIFA protocol.The Daily Mail adds that Arsenal will likely extend that break to two weeks given Smith Rowe’s age.It was the youngster’s first appearance this Eason after covering from injury. About the authorFreddie TaylorShare the loveHave your saylast_img

Read More
24 Oct
2019

World Bank Impressed with Jamaica’s Macroeconomic Achievements

first_imgNewly appointed World Bank Vice President for Latin America and the Caribbean, Axel van Trostenburg, says Jamaica’s macroeconomic achievements, to date, have been “extremely impressive”.“I don’t know any country that has achieved, over a sustained period of time, the fiscal adjustments and reforms as Jamaica has done, and produced a most spectacular reduction of its debt level that reached almost 150 per cent, to fall, this year, below 100 per cent,” he said.“It’s certainly a world achievement… that probably would be number one, in terms of that success”, he said, adding that “I can only congratulate the country for this.“I think this is very good news. I can only [urge] you to continue this, because many countries could start learning from [this] miracle in Jamaica, that despite the many challenges, the country has made this enormous progress,” the World Bank Vice President added.He was speaking at a media briefing at the Office of the Prime Minister (OPM) on Tuesday (April 30), to announce an additional US$140-million World Bank loan provision for Jamaica.The funds will bolster the Government’s efforts to strengthen Jamaica’s resilience risks associated with natural disasters, as well as support human capital development and enhance the social safety net for the society’s most vulnerable citizens.Mr. van Trostenburg, who was making his first visit to the island since his appointment, said Jamaica’s achievements are worthy of being highlighted.“I certainly mentioned to the Finance Minister (Dr. the Hon. Nigel Clarke) that we may need to actually highlight it a little bit more in the (Bank’s) membership, so that other countries can also learn what are the factors behind this,” he noted.Prime Minister, the Most Hon. Andrew Holness, for his part, noted that Jamaica’s 55-year relationship with the World Bank remains strong, with over 140 projects facilitated to date.He said the provision of the US$140 million, resulting from discussions that Dr. Clarke had during the Bank’s recent series of spring meetings “comes as a result of good management of the economy”.“It shows that the World Bank and other International Development Partners are willing to place their loan portfolios with us because we are managing our economy the right way,” Mr. Holness added.For his part, Dr. Clarke said the World Bank has been an “excellent partner” of Jamaica over the past 55 years and “during the course of that time, has contributed to many signal achievements”.“We look forward to working with you for decades to come,” he added.last_img read more

Read More
7 Aug
2019

Satellite operator SES has delayed the launch of i

first_imgSatellite operator SES has delayed the launch of its Astra 5B satellite, claiming that launch partner Arianespace said it would not have its Ariane 5 booster ready in time for next month. The satellite was due to blast off from the European spaceport in Kourou, French Guyana, on December 6 and arrived there on November 6  to be readied for launch.SES said in a statement that the Astra 5B launch would now take place in January 2014 and that the satellite will “be put into safe storage until the launch preparations can resume.”last_img

Read More
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

Read More
4 Aug
2019

How to Get Rich Surely The strategy I recommend

first_img How to Get Rich Surely The strategy I recommend is faster and more fun than scrimping and saving and much, much more likely to work than any sort of get-rich-quick scheme. I’d like to illustrate my strategy by telling you how I did once make more than a million dollars in the lottery—without buying a single ticket. In the 1980s, my business partner had an idea. We would publish a magazine featuring stories of lottery winners and essays by crazy professors with theories about how to beat the odds. At one time, we had 100,000 subscribers paying us $39 per year. You can do the math. It didn’t happen overnight. It took years and thousands of man-hours to make it work. It was the result of a good idea, lots of experience, and lots of hard work. And perhaps a touch of luck. This is how you get rich surely. You don’t sit around dreaming or throwing what little money you have at ideas. You work hard and smart to earn good money, and you put a large percentage of that money aside to build a business, acquire property, and invest in smart and safe opportunities when they arrive. This is the way the great industrialists made their fortunes 100-plus years ago in America. And it is the way many entrepreneurs and professionals make their money today. When I wrote Seven Years to Seven Figures, I interviewed eight people who had developed multimillion-dollar wealth in under seven years. I asked them exactly what they did. Ultimately, I was searching for a common denominator. As it turned out, I came up with three things that they had in common. They had all: 1. Learned a financially valuable skill 2. Started a business in an up-trending market niche 3. Spent considerably less than they made and saved the difference This validates what experience tells me: if you are willing to put in the time and follow proven principles of wealth-building, you can become wealthy in a relatively short amount of time—even if you are broke or in debt right now. Fortune magazine predicts that 1,700 people will become millionaires each day into the 2020s. If you get rich surely, the way I suggest, I think you could be one of them. Regards, Mark Ford P.S. Over the last five years, I’ve worked with a team of bright people to develop essays, reports, and how-to manuals on building wealth surely. They’re based on my own personal experience doing these things myself or coaching others through them. I can promise you this: It doesn’t matter whether you’re 60 years old or a youngster, rich or poor, Harvard educated or a high school dropout, handicapped or able-bodied—this program is the best in the world if you want to build a seven-figure net worth in the next seven years. For more information, click here. Recommended Links — – [Profit Alert] Investors could turn $10,000 into $125,200 in just 2 years An amazing new technology could make a lot of investors quite rich. Microsoft, CNN, Google, Facebook, Wal-Mart, and even the U.S. Post Office are either using it already, or planning to. Click here to learn how you could capture a 1,152% gain in just 2 years. [ENDS SOON] Get Free Gifts Worth $188.97 This award-winning luxury-curated gift set makes a perfect holiday present for the hard-to-shop-for son, father, or husband. For a limited time, get $188.97 worth of free accessories plus an extra-long 100%-money-back return policy. Get yours before they sell out. Editor’s note: Today, we’re featuring a powerful essay from our good friend Mark Ford. Mark has built dozens of businesses from scratch…creating millions of dollars of wealth in the process. He knows more about building wealth than just about anyone. In this classic piece, he describes the three ways to get rich… Is it possible to begin with nothing and acquire wealth in America? Is it still possible today? I’ve been studying that question for almost 20 years. And the answer is unequivocal: It is. It is still possible for ordinary, wage-earning Americans to become wealthy. From my research, I have seen that there are basically three ways to get rich: 1. Slowly (in 30 to 40 years) 2. Quickly (overnight) 3. Surely (in seven years or less) How to Get Rich Slowly The Millionaire Next Door, a best-selling book from 1996, revealed that the typical American millionaire acquires their fortunes by scrimping and saving. Just about anyone can get rich this way. You simply put a reasonable percentage of your income into an ordinary investment program for 30 or 40 years, and voila! You are rich! The median income in America was $56,516 in 2015. If you invest 10% of that income ($5,652) at a compounded return of 10.2% (the S&P 500’s track record from 1915–2015) over 30 years, you’ll end up with over $1,000,000. This is due to the “miracle” of compound interest, but it is in no way miraculous. It is a certainty based on historical averages and simple math. But there is a hitch. You have to start relatively young. If you start, for example, when you are 50, you will have only $206,712 accumulated by the time you are 65. If you start when you are 60, well… You get the picture. Getting rich this way doesn’t require guts or brains. All you need is a commitment to work hard to make enough money to save every month… and the discipline to keep socking it away. How to Get Rich Quickly Acquiring wealth by scrimping and saving is a sure thing, but it does take a long, long time. Even if we have the time, most of us don’t have the patience for it. But getting rich quickly—the ultimate financial aphrodisiac. Is it possible? The answer: yes, but only if you are very, very lucky. We read and hear about it all the time. A chicken farmer in Idaho discovers a Rembrandt in his barn. A barber in New Jersey hits the state lotto. And the one I like best—some guy made a million bucks by investing $5,000 in a penny stock! Those are the stories. But the odds of any of these things happening to you are incredibly slim. I don’t gamble because I know there are many other ways of entertaining myself that are less addictive and less costly.last_img read more

Read More
3 Aug
2019

Hopes were dashed this week that the United States

first_imgHopes were dashed this week that the United States was finally making progress in the fight against childhood obesity.Contrary to previous reports, the epidemic of fat has not abated. In fact, there’s been a big jump in obesity among the nation’s youngest children, according to the latest analysis of federal data, published Monday in the journal Pediatrics.”The main take-home message for me is that, clearly, obesity remains a problem,” says Asheley Skinner, an associate professor of population health services at Duke University and leader of the analysis. “It’s not improving.”Childhood obesity rates have been rising for decades, sparking widespread alarm among public health researchers and officials. Obese children tend to become obese adults, who are prone to many health problems, including cancer, heart disease and Type 2 diabetes.But hopes rose several years ago that the epidemic might be ebbing, at least in some parts of the country. Some researchers suggested efforts such as Michelle’s Obama’s Let’s Move campaign might be working.Unfortunately, that doesn’t appear to be the case, Skinner and her colleagues discovered when they analyzed the latest national data from the federal Centers for Disease Control and Prevention’s National Health and Nutrition Examination Survey. The NHANES survey is one of the federal government’s main measures of childhood obesity.The latest analysis shows that the percentage of children ages 2 to 19 who are obese increased from 14 percent in 1999 to 18.5 percent in 2015 and 2016.Moreover, there was no statistical difference in the overall obesity rate between the 2013-2014 and 2015-2016 surveys — undercutting hopes that obesity had begun to decline in recent years.In fact, the scientists say, there was a disturbingly large increase in obesity among the youngest children — ages 2 to 5 years old. In that age group, obesity increased from about 9 percent to almost 14 percent.”It is a big jump,” Skinner says. “That’s the highest level of obesity that we’ve seen in 2- to 5-year-olds since 1999.”The increase more than makes up for any decrease that may have occurred in the previous survey, Skinner says.”Obesity in the youngest group is a concern,” she says, “because when obesity starts younger, most of these children continue to have obesity throughout childhood and into adulthood. “The earlier you start seeing this, the harder it is to address it for these kids.””We have known about this epidemic of childhood obesity — and have been pouring research dollars and public health dollars into this problem — for at least 20 years,” says Dr. Sarah Armstrong, an associate professor of pediatrics at Duke who helped conduct the analysis. “And despite that, we don’t seem to be making a big dent in the situation.””We need to double down our efforts and find out what’s going to work,” she says, “or the health of our future generation is really in jeopardy.”In an editorial accompanying the study, Dr. David Ludwig of Boston Children’s Hospital calls for a more comprehensive national strategy for fighting the problem.”We haven’t generated a truly systematic or comprehensive approach across society that addresses all drivers of childhood obesity — poor diet, a lack of physical activity and a healthy food supply that will encourage everyone to eat well,” Ludwig says. “We need a truly national, comprehensive strategy to tackle this epidemic.”Hispanic and African-American children continue to be much more likely to become obese than white children, the analysis shows.Melinda Sothern, director of behavioral and community health sciences at Louisiana State University, suggests that trend may be the result of a “perfect storm” of stress, which, when combined with a “lack of access to healthy foods and opportunities for outdoor play,” can affect biology on a genetic level. Copyright 2018 NPR. To see more, visit http://www.npr.org/.last_img read more

Read More
3 Aug
2019

Theres more bad news about the nations devastati

first_imgThere’s more bad news about the nation’s devastating opioid epidemic.In just one year, overdoses from opioids jumped by about 30 percent, according to a report released Tuesday by the Centers for Disease Control and Prevention.The overall increase in opioid overdoses seen in hospital emergency rooms between the third quarter of 2016 and the third quarter of 2017 occurred across the nation. Some parts of the country experienced far greater increases, while a few have reported declines, the analysis shows.”We have an emergency on our hands,” says acting CDC Director Anne Schuchat. “The fast-moving opioid overdose epidemic continues and is accelerating.”The largest regional increase occurred in the Midwest, which saw a 69.7 percent jump in opioid overdoses, according to the report. The jump was driven in part by a 109 percent increase in Wisconsin. Overdoses increased 40.3 percent in the West, 21.3 percent in the Northeast, 20.2 percent in the Southwest and 14 percent in the Southeast.”We saw, sadly, that in every region, in every age group of adults, in both men and women, overdoses from opioids are increasing,” Schuchat says.The latest data could underestimate the overdoses, because many people who overdose never end up in the emergency room. “It might be even worse,” Schuchat says.The report didn’t specify why overdoses vary across the country. But one factor is probably the differences in availability of newer, highly potent illegal opioids, such as fentanyl, which have been flooding the country in recent years, Schuchat says.”We think that the number of people addicted to opioids is relatively stable. But the substances are more dangerous than five years ago,” Schuchat says. “The margin of error for taking one of these substances is small now and people may not know what they have.”The supply of those more dangerous drugs is increasing faster in some parts of the country than in others, which may help explain the geographic variations, Schuchat says.”Overall as a nation, we are still failing to adequately respond to the opioid addiction epidemic,” says Dr. Andrew Kolodny, co-director of opioid policy research at Brandeis University. “It is concerning that 20 years into this epidemic, it is still getting worse. The number of Americans experiencing opioid overdoses is still increasing.”Although the Trump administration recently declared the epidemic to be an emergency, a significant increase in funding is urgently needed to treat Americans addicted to opioids. Kolodny says.”It’s kind of like pointing to a burning building and saying, ‘Oh, there’s a fire there. There’s an emergency.’ And then not calling the fire department and watching it burn down,” Kolodny says. “There’s been a lot of talk from Congress and from the administration and a recognition that we need to do something about this problem. But nothing yet has happened.”Others say the key is integrating addiction treatment better into the health care system. For example, emergency room staff need better training to make sure people with substance-use disorder get follow-up addiction treatment, says Jessica Hulsey Nickel, president and chief executive officer of the Addiction Policy Forum. Too often, addicts are simply revived and sent home without follow-up care, only to overdose again, she says.”We can use this near-death experience — use it as moment to change that person’s life,” Nickel says.The latest analysis is an attempt by the CDC to track the opioid epidemic more closely, Schuchat says. Previously, the agency looked at death from opioids, which lag behind reports from emergency rooms.”We wanted more timely information,” Schuchat says.The analysis was based on about 91 million emergency room visits that occurred between July 2016 and September 2017, including 142,557 visits that were suspected opioid overdoses.That survey showed an increase of 29.7 percent in 52 jurisdictions in 45 states between July through September 2016 and the same period in 2017, according to the report.The researchers also analyzed 45 million emergency department visits that occurred in 16 states during the same period, which included 119,198 suspected opioid overdoses.That analysis showed a 34.5 percent increase between the same periods in 2016 and 2017. But those increases varied dramatically from state to state, even within a region.For example, overdoses increased 105 percent in Delaware, compared with 80.6 percent in Pennsylvania and 34 percent in Maine. Overdoses may have actually slightly decreased in Massachusetts, New Hampshire and Rhode Island. In Kentucky, the CDC’s analysis showed a 15 percent drop in overdoses. Copyright 2018 NPR. To see more, visit http://www.npr.org/.last_img read more

Read More
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

Read More
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

Read More
18 Jul
2019

Fungal infection study identifies specific genetic vulnerability among Hmong people

first_imgReviewed by James Ives, M.Psych. (Editor)Jul 16 2019Ten years ago, in Marathon County, Wisconsin, 55 people were sickened by an uncommon fungal infection called blastomycosis. Thirty patients were hospitalized. Two people died.The fungus, Blastomyces dermatitidis, found naturally in wet soil and in decomposing wood throughout the Great Lakes region and the Mississippi Valley, can cause flu-like illness and in severe cases, death. Wisconsin has among the highest incidence rates of the disease in the U.S. and outbreaks ranging up to 100 cases periodically occur in the state.Given the size of the Marathon County outbreak, the state asked the U.S. Centers for Disease Control and Prevention for help launching an investigation -; unusually, 20 patients infected with the fungus were of Hmong descent. Investigators found that Asian people had a disproportionate risk of developing blastomycosis infections relative to other groups in the U.S. and they ruled out lifestyle explanations, such as gardening practices and recreation.Now, a new study led by University of Wisconsin–Madison researchers Caitlin Pepperell and Bruce Klein has identified a specific genetic vulnerability among Hmong people that renders them more susceptible to the disease-causing fungus. We were struck by this because it hadn’t been described before … rates were 10-to-100 times greater than one might expect based on population numbers alone. It’s really been a holy grail question -; why are some people more vulnerable and what is the basis for this?”Bruce Klein, infectious disease physician and professor of pediatrics, internal medicine, and medical microbiology and immunology at the UW School of Medicine and Public Health (SMPH) Understanding these vulnerabilities is really important for patients, says Pepperell, also an infectious disease physician and associate professor of medicine and medical microbiology and immunology at SMPH, because it can help physicians make better-informed and more timely decisions about treatment for people who are at higher risk.”Unfortunately, a really typical story with blastomycosis is having a long delay to diagnosis because it’s a (relatively) rare disease and people are not familiar with it,” Pepperell says. The earlier people are treated, the better their outcomes.At the start of the study, recently published in the open-access journal mBio, Pepperell surmised that Hmong people in Wisconsin, who have “experienced a long series of forced displacements and migrations,” might be more genetically isolated than other groups and thus have less genetic variation powering their fight against some diseases.That’s because every gene we inherit exists in pairs called alleles -; we get one copy from each parent. Having two alleles that are different creates variation, but as is often the case in genetically isolated groups, the alleles can also be identical, or homozygous. A person who inherits one good copy of a gene and one bad still has some protection from its effects, while a person who gets two bad copies is more vulnerable.”Many disease-causing variants are homozygous,” Pepperell explains.With the help of her former graduate student, co-author Donny Xiong, the research team gained consent from nine of the affected Hmong patients to collect blood and examine their cells.Related StoriesStudy: Treatment of psychosis can be targeted to specific genetic mutationGene modulation goes wireless hacking the “boss gene”Researchers identify gene mutations linked to leukemia in children with Down’s syndromePepperell and her graduate student, study co-author Mary O’Neill, looked for long stretches of homozygosity in the genomes of the Hmong participants. They found them in a region known to be important for immune responses to fungi.Within that region are genes for an immune element known as cytokine interleukin-6 (IL-6), which helps lead to the development of another immune responder known as interleukin-17 (IL-17), involved in teaching the body to fight fungal infections. The research team found that the cells of Hmong people created less IL-6 than the cells of European donors.The specialized cells that produce IL-17, called Type 17 cytokine T helper cells (TH17), “patrol the mucosal surfaces of the body and are important in alarming (the body’s) first-line defenses,” Klein explains. “They serve as the cavalry and mop up invaders.”Klein’s research team found previously in mice that TH17 cells are particularly important for responding to fungal invaders and that IL-6 is pivotal to their creation. The finding suggested to the researchers that Hmong people who produce less IL-6 may have fewer TH17 cells, and thus, less IL-17.So, Klein’s team went back to the mouse model and found that mice lacking IL-6 had significantly fewer TH17 cells than normal mice, were extremely vulnerable to Blastomyces infection, experienced progressive disease, and died sooner.The researchers also found that Hmong donor cells produced significantly less IL-17 than those from Europeans in response to infection with another more common fungus, Candida albicans. Both groups are more likely to have been exposed to this fungus before -; it’s responsible for thrush and common vaginal yeast infections.Klein and Pepperell continue to study genetic vulnerability to Blastomyces, which is part of a family of seven particularly pathogenic fungi that are harmless unless their spores are inhaled and take up residence in the lungs. Pepperell is interested in “zooming out” to see if other genes may be different in Hmong people, since this study looked specifically at immune-related genes and could be missing more of the big picture.For Klein, the work has been “extremely gratifying.” He has studied blastomycosis in Wisconsin since 1981, first as a trainee with the CDC’s Epidemic Intelligence Service, and long worked alongside the late state epidemiologist, Jeff Davis, who passed away just last year. Together, they helped establish Wisconsin as the first state to make it a legally reportable infectious disease.”It’s like: ‘Battle on,'” with this fungus,” Klein says. He appreciates the implications the findings have not just for individual patients, but also for public health more broadly. It also helps lay the groundwork for the future, particularly as plans are forged by UW-Madison to establish the SMPH Center for Human Genomics and Precision Medicine.”This is a great example of the Wisconsin Idea,” Klein says. “This is something we should be doing -; the state and the university working together for the benefit of public health and people in Wisconsin.” Source:University of Wisconsin–MadisonJournal reference:Merkhofer, R.M. et al. (2019) Investigation of Genetic Susceptibility to Blastomycosis Reveals Interleukin-6 as a Potential Susceptibility Locus. mBio. doi.org/10.1128/mBio.01224-19.last_img read more

Read More
18 Jul
2019

Chinas Tencent draws 41 bn orders for 5 bn bond sale

The group, known for its wildly popular “Honour of Kings” video game and ubiquitous WeChat social media platform, Thursday offered four tranches with maturities ranging from five to 20 years, according to the financial news agency.Tencent refused to comment when contacted by AFP.In a sign of the appetite for the Chinese giant’s debt, the offer—which was primarily aimed at US investors—drew orders totalling more than $41 billion, Bloomberg said, citing a source close to the transaction.Tencent’s last bond issue raised $2.5 billion in 2015. Its e-book arm China Literature raised $1.1 billion for a Hong Kong listing in November 2017.The new deal is similar to one in November by Chinese e-commerce giant Alibaba, which raised $7 billion in an issue reserved for US institutional investors.Tencent is pushing to build up its entertainment and gaming businesses and has signalled plans to extend a gaming empire built around WeChat by buying studios and pushing into content creation.It also has made no secret of its ambition to diversify and for international expansion.In the United States, the group has already invested in Snapchat and electric car manufacturer Tesla.Tencent also recently entered into a cross-shareholding agreement with Sweden’s Spotify, the world’s largest music streaming company. Chinese gaming and social media titan Tencent has raised $5 billion in a bond issue which attracted orders totalling more than $41 billion for its biggest dollar-denominated sale so far, Bloomberg reported Friday. Tencent is pushing to build up its entertainment and gaming businesses © 2018 AFP Explore further Citation: China’s Tencent draws $41 bn orders for $5 bn bond sale (2018, January 12) retrieved 18 July 2019 from https://phys.org/news/2018-01-china-tencent-bn-bond-sale.html China’s answer to Kindle raises $1.1 bn for Hong Kong listing 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. read more

Read More
18 Jul
2019

US radio giant iHeartMedia files for bankruptcy

Tribune leaves bankruptcy after 4 years Citation: US radio giant iHeartMedia files for bankruptcy (2018, March 15) retrieved 18 July 2019 from https://phys.org/news/2018-03-radio-giant-iheartmedia-bankruptcy.html Leading US radio company iHeartMedia, which runs some of the country’s most popular Top 40 stations, has filed for bankruptcy protection as it struggles to pay $20 billion in debt. © 2018 AFP 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. Explore further Bob Pittman, the chairman and CEO of iHeartMedia, said that the deal would help in “achieving a capital structure that finally matches our impressive operating business” The Texas-based company said in a statement dated Wednesday that it was confident it had enough cash on hand to stay operational and that it had reached understandings to halve its debt.iHeartMedia runs 850 stations including 106.7 Lite FM, a New York soft rock channel which enjoys the highest listener numbers in the United States, and KIIS-FM, the premier Top 40 station in Los Angeles.While traditional radio has been shaken by the rise of streaming, iHeartMedia’s immediate problems stem from a messy process a decade ago for a leveraged buyout, which is when management buys a controlling share of a company with outside help.Buyers led by Bain Capital, the investment firm co-founded by former presidential candidate Mitt Romney, agreed in 2006 to $26.7 billion funded by big banks for the company then known as Clear Channel Communications.But with the global economic crisis soon biting, the banks balked and under a settlement iHeartMedia was saddled with the crushing debt to them.iHeartMedia, which last month missed an interest payment, said in its bankruptcy announcement that it had reached deals with debt holders to clear $10 billion of its burden.Bob Pittman, the chairman and CEO of iHeartMedia, said that the deal would help in “achieving a capital structure that finally matches our impressive operating business.””We have transformed a traditional broadcast radio company into a true 21st century multi-platform, data-driven, digitally focused media and entertainment powerhouse with unparalleled reach,” he said in the statement.iHeartMedia, which has had repeated layoffs since its leveraged buyout, has moved to change with the times including by launching the iHeartRadio streaming service to compete with on-demand platforms such as Spotify.The company has also built a strong presence on social media and on Sunday had its latest iHeartRadio Music Awards, a fan-voted televised gala. read more

Read More
18 Jul
2019

New mail and messaging tools expected for iPhones WWDC

first_img (c)2019 U.S. TodayDistributed by Tribune Content Agency, LLC. New iPhones won’t be out until the fall. But Monday, we’ll get a sneak peek at what new features Apple has planned for us, not just for the next models but recent iPhones and iPads as well. Explore further Imagine Apple’s App Store with no walled garden At its Worldwide Developers Conference, Apple invites app makers to hear a road plan for what the company has in store, hoping that in return, the developers get excited and use the tools in their apps.As always, leaks of new features for what’s expected to be called iOS13 have made their way to Apple enthusiast sites. More on them shortly.Apple welcomes developers to San Jose, California, against a backdrop of storm clouds brewing over its practices with them. The Supreme Court said an antitrust case can go forward from iPhone users who allege that Apple engages in monopolistic practices in the App Store. Music streaming giant Spotify pushed the European Union to investigate its antitrust complaint against the App Store, and the hugely popular app Netflix recently stopped making itself available in the App Store, saying Apple’s commissions were too high.On Wednesday, Apple defended its business practices in a newly built app developer webpage, noting that it has paid out $120 billion to developers over the years for their share in fees from the site and arguing that it allows competitive apps to be side by side with Apple apps in categories like music, calendar, mail, messaging and cloud storage.”We believe competition makes everything better and results in the best apps for our customers,” Apple said.Tim Bajarin, a longtime industry analyst and the president of Creative Strategies, said Apple is smart to get its defenses out of the way before WWDC starts. “It takes it away from a lot of discussion at WWDC. They don’t need disruption there since their main purpose is to give developers more opportunities to make more money from Apple.” 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. Citation: New mail and messaging tools expected for iPhones, WWDC (2019, May 31) retrieved 17 July 2019 from https://phys.org/news/2019-05-mail-messaging-tools-iphones-wwdc.htmllast_img read more

Read More
18 Jul
2019

Video game designer establishes lab for renewable energy

first_imgA Dutch video game designer and entrepreneur has established a laboratory on the Big Island that is focused on developing alternatives to fossil fuels for energy, the Hawaii Tribune-Herald reported. 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. Citation: Video game designer establishes lab for renewable energy (2019, July 1) retrieved 17 July 2019 from https://phys.org/news/2019-07-video-game-lab-renewable-energy.html Here comes the sun Henk Rogers established the laboratory to test and develop renewable energy systems that he hopes will make the state’s energy use 100% renewable by 2045, ending the state’s reliance on fossil fuels that Rogers says is adding acid to the ocean and killing the coral reef, the newspaper reported Sunday.The laboratory, which is on a ranch, is currently focused on the use of hydrogen to create energy. The laboratory wants to use hydrogen energy cells to store the energy harnessed by the solar panels, to power the community water system, to create jobs and to cook food, the Tribune-Herald reported.The laboratory is run under the auspices of Rogers’ Blue Planet Foundation. One of Rogers’ software companies has the intellectual property rights to Tetris, according to the foundation’s website.Blue Planet wants to combine the use of solar energy and hydrogen energy cells. Because solar is an intermittent power source, it’s important to be able to store the energy to use during off-peak hours. There’s usually 3.8 hours of quality sunshine in the mornings at the ranch, but the sky clouds over as the day progresses.”We knew storage was important and the key,” said Paul Ponthieux, director and chief technology officer of Blue Planet Research. “We have to grab all our energy in the limited window.”The laboratory uses solar energy to pass an electric current through water to create hydrogen gas and oxygen, the newspaper reports. The hydrogen is then stored under pressure in energy cells, similar to a battery. Explore further © 2019 The Associated Press. All rights reserved.last_img read more

Read More
17 Jul
2019

Saurashtra Oil Mills body seeks formation of groundnut promotion councilSaurashtra Oil Mills

first_imgSHARE SHARE EMAIL SHARE Groundnut oil trade body, Saurashtra Oil Mills Association (SOMA) is working in association with Indian Council for Agricultural Research (ICAR) to create a scientific case to popularise groundnut consumption in the country. The trade body has also demanded a formation of a groundnut promotion council seeking government support for spreading awareness about the uses of the processed groundnut in various forms such as peanut butter, table-top nuts besides edible oil. “It is heartening to note that after years of decline in groundnut consumption, for past two years, we are seeing revived interest in farmers to cultivate groundnut. Which has increased the availability of the seed and revived the value-chain which includes processors,” said Samir Shah, President of SOMA.Aimed at creating a case for a dedicated promotion council for groundnut, SOMA is working in coordination with ICAR to identify health benefits and nutritional advantages of groundnut in variety of forms. “We are asked to submit our documents and findings about groundnut to ICAR, who will conduct research to support our claim. Post that a report will be submitted to the Centre,” said Shah adding that the entire process may take about 2-3 months. “A dedicated promotion council for groundnut is extremely necessary considering the high dependence on imports to meet our edible oil requirements. Also, it will clear the air about several misconceptions about groundnut and its nutritional value,” Shah said. Gujarat witnessed bumper crop of 32 lakh tonnes of the oilseed in 2017-18 kharif season, against 29 lakh tonnes in the previous season. Takes support from ICAR to identify health and nutritional benefits of the oilseed Published on COMMENT oilseeds and edible oil July 02, 2018 COMMENTSlast_img read more

Read More