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Gold 158116 160717 160033

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first_imgGold1,581.161,607.171,600.33 Rock & Stock StatsLast Gold Producers (GDX)41.7247.2760.35 Dear Readers,I’m in Shanghai as I type, and the “China Miracle” is in full bloom. Few variables are more important in the world of metals and mining investment than the strength and sustainability of the extraordinary bull run the Chinese economy has enjoyed for years. So many pundits, critics, and cheerleaders keep pouring out opinions on this question that they saturate the news – but leaves no one the wiser.I’m sorry to say that, as arrogant as I am, I do not have quite the hubris to tell you that I have figured China out and know what is and will be. Certainty is not an option here, and if anyone offers it to you, I suggest you check your wallet afterward.But I can tell you that I’ve traversed China from south to north, from east to west. I’ve spent days driving through the countryside, passed through China’s largest cities and smallest villages. I have seen a China that is visibly, radically different than the China I saw for the first time a mere six years ago. Ten percent growth compounded over six years is a 177% difference – and the reality behind such numbers is unmistakable. Yes, there is still great poverty here and a lot of people living on a subsistence basis, but this is not a poor country. The fraction that has been lifted to middle class and above is enormous, and the country’s GDP is now the second largest in the world.Shanghai itself may not be the financial capital of China any more, as in a politically dominated economy like this, all the big decisions get made in the political capital of Beijing, but the wealth here is tremendous. The proliferation of high-tech buildings, modern housing, shopping malls, expensive cars, and more defies belief.But the real shocker is the modernization of small towns and villages. Oxen have been replaced with tractors, rags replaced with bright new clothes, mud brick and thatch replaced with real brick and glass and electricity and satellite TV. The material improvement in the lives of hundreds of millions of people is spectacular.To me, the most important economic consideration is that whatever the degree of misallocation of capital may be here, the allocation of most capital is to infrastructure, factories, power generation, mine development, agriculture, housing, and generally to durable and productive assets. China is gearing up to flood the world with products on a scale that could be an order of magnitude greater than what we’ve seen so far.What if the EU disintegrates and the US sinks back into recession? What will China do with all its productive capacity then? Some would be wasted – factories and luxury cars can both rust for lack of capital to maintain them – but the productive capacity would still exist. With the investment already made, my guess is that the cost of goods manufactured in China would plummet. Particularly with so many state-owned enterprises – for which jobs and production may become more important than profit – selling at no profit would be better than shutting down. The central committee may even see flooding the world with inexpensive products as a way to help China’s trading partners while helping themselves.Is China in a bubble? Could the China Miracle turn into a China Nightmare?I suppose it could; some massive misallocations of capital will certainly have to be liquidated. But a system that was already misallocating capital to an extreme degree can see major improvement simply by misallocating capital massively.Remember that, unlike the US, the Chinese government is not borrowing money to build a network of high-speed trains across the country; it’s paying for it out of excess savings. On the household level, people who save 40% of their income every year could lose half their savings and still have a lot more net worth than the average, highly indebted American. And they’ll still want new cars, or electric bikes, or even airplanes (I’m told that civil aviation has been legalized in China).By the way, the high-speed trains are linking more and more cities and are seeing heavy usage. You don’t have to drive out of the cities to an airport; you don’t have to be there an hour before departure time; you don’t need to spend hours making connections; and there are many other advantages. Most critical is that the population density, I’m told, is sufficient to make the thing turn a profit. Plus, where there’s high-speed rail, the regular lines are freed up for cargo only – and those trains now carry cargo up to 200kph.My point is that if China is in a bubble, and if it does pop, this system will still be here, as will all the new highways, houses, factories, etc. This is not a deeply indebted nation of lawyers and hairdressers, but a cash-rich nation building up its productive capacity. If growth here were cut in half, it would still be substantially greater than in the US or EU.What about social unrest? Well, that’s one reason for China to keep manufacturing, even if profit drops off, but my sense is that, a few idealists aside, there is very little real pressure or even desire for major reform. People can see that things are improving, and they just want to improve their own lives.What about China’s military buildup and saber-rattling regarding those islands it and Japan both claim? Well, I was having dinner recently in a very large Chinese restaurant, where a large group of people were making round after round of toasts. The strength of the anti-Japanese sentiment that the alcohol loosened was astounding. Many Chinese – even though few are left alive who witnessed it – deeply, deeply resent Japan’s invasion during WWII. But I haven’t met anyone here who wants war – they’d much rather just become richer than Japan and show the world who is smarter and better.Similarly, I’d have to say that there is some sense of people here wanting to take over the world, but they don’t want to conquer it; they want to buy it. China wants to be an economic superpower and seems prepared to remove any obstacles to that goal – including outdated Marxist ideas.Whether that’s good or bad is an important discussion, but it’s not what we’re here for today. The point for now is that all of this is bullish for China’s continued demand for raw materials, including metals.One more factor I’d like to touch on is the question of “internal demand” – are there enough people in China with the money and the desire to buy the output of China’s factories and keep the economy here growing? I don’t think so… not all of the output of all of the factories. But reduced demand from the rest of the world does not mean no demand, and China’s internal demand is certainly growing.An anecdote: I happened to be near the famous Kumbum Monastery near Xining, Qinghai, in western China, so I stopped in for a look. The ancient Tibetan architecture and relics were fascinating, but I noticed that the biggest gold-plated temple of them all was not ancient, but built five years ago. The monks are re-paving the streets with heavy blocks of tight-fitting granite. I saw – literally – piles of cash at the Buddha’s feet and elsewhere, as the throngs left their offerings. But I saw only one other Westerner the whole day I was there. The renewal of this monastery is a testament to China’s capacity to spend internally.(Click on image to enlarge)New temple at the Kumbum Monastery, home of the “yellow” branch of Tibetan Buddhism. If you abase yourself 100,000 times, you can get a better life – but in your next life, not this one. I don’t know how much gold is on that roof, but I do know that it’s paid in full – there’s no mortgage – and people seem to have plenty more to give.What I am trying to say is that China’s economy may slow, but I don’t think it will dry up and blow away. There may be a lot more correction in industrial metals in the near term, driven by lower demand from China, as the growth rate moderates. There will certainly be an acute downward plunge if or when we get another 2008-style meltdown. But mid- to long-term, major demand is baked in the cake. There will be money to be made in metals and mining for decades to come – and should we be so lucky as to get a meltdown before the metals peak, what a fantastic buying opportunity that would be.We’ll be watching to see how that unfolds and will let you know when we see major turning points and buying opportunities.Stay tuned.Sincerely,Louis JamesSenior Metals Investment StrategistCasey ResearchLouis will be sharing his latest findings on the junior mining sector and his favorite stock picks in Carlsbad, California at the Casey Research/Sprott, Inc. Summit, Navigating the Politicized Economy. The event will be held September 7-9 and will feature an esteemed faculty of financial experts and Washington, DC insiders who will help you understand today’s overly politicized economy so that you can leverage it to outsized gains.You’ll hear David Walker, former United States Comptroller General, 1998-2008, and founder and CEO of the Comeback America Initiative… John Mauldin, best-selling author, chairman of Mauldin Economics, and publisher of the wildly popular Thoughts from the Frontline and Outside the Box… Donald Coxe, strategy advisor to BMO Financial Group, with $500 billion under management… Dr. Lacy Hunt, executive vice president of Hoisington Investment Management (he presented at the last Casey Summit and was voted its most popular speaker)… and, of course, our own Doug Casey, as well as a host of other financial luminaries and members of the Casey Research team. TSX Venture1,190.871,254.572,017.86 Silver Stocks (SIL)17.7020.0327.62 Silver27.2328.1340.01 Gold and Silver HEADLINESGold Discoveries Not Keeping Pace with Mined Production (Metals Economics Group)Metals Economics Group (MEG) released a study on gold reserves replacement. MEG reports that 99 significant gold discoveries (defined as a deposit containing at least 2 million ounces of gold) have been made from 1997 to 2011, yet they will potentially replace only 56% of the estimated gold mined during the same period. Actual numbers may be lower, as not all of them may be deemed economic to mine. Economic viability involves many factors such as location, infrastructure, political risk, capital and operating costs, and market conditions, all further reducing the amount of resources that will reach production.The situation is better for some individual gold producers than for industry as a whole:“Over the past decade, the top 26 global gold producers (those that mined at least 600,000 oz. of gold in 2011) collectively replaced almost 208% of the gold they produced. Individually, 21 of these major producers added enough reserves through exploration and acquisitions to keep ahead of production, maintaining a strong pipeline of projects to insure stable or increased gold production.”The researchers conclude that the biggest challenge to replacing reserves is not that there is no gold left to dig up, but that all the “easy” gold has been mined:“Increasing risk of political, regulatory, and tax instability in many resource-rich nations, declining grades, rising costs, and dramatically longer development times, the amount of gold available for production in the near term is likely far less than has been found.”The report suggests that a shortage in gold mine production in the coming years should be an expected outcome. This has obvious implications for the price.Tea Compound + Radioactive Gold Nanoparticles = Prostate Cancer Treatment (Mineweb)Researchers at the University of Missouri discovered that gold nanoparticles can be used to treat aggressive prostate cancer. Nanoparticles and a compound found in tea leaves are more efficient in targeting prostate tumors than toxic chemotherapy. This new cure would require doses that are thousands of times smaller than chemotherapy and do not travel through the body, inflicting damage to healthy areas.This particular discovery won’t have a significant impact on demand, as the amount of gold needed for cancer treatment is tiny, but it does show there is continuing interest in medical uses for the precious metal.Infographics on Gold Mania (InformedTrades)Follow the above link to see a compilation of gold charts, some based on our own research, that point to the possibility of a gold mania.Other News: San Diego PhyleThere’s a new Casey phyle forming in San Diego. If you’re in the area and would like to participate, please contact our phyle@caseyresearch.com for more info.center_img Copper3.533.394.43 Gold Junior Stocks (GDXJ)18.6220.9538.44 One Month Ago TSX (Toronto Stock Exchange)11,665.7011,759.3413.340.83 Oil92.6681.8098.11 One Year Agolast_img read more

By Kevin Brekke World Money Analyst Maybe its

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first_imgBy Kevin Brekke, World Money Analyst Maybe it’s just me, but I’m starting to see a greater than usual number of articles covering the rise in the number of Americans leaving the country. This seems in line with the figures released by the US Treasury that show those renouncing their US citizenship is growing. Just for kicks, I plotted the number of US renunciations since 1998 against the gold price. Except for the “everybody feels good about America” bubble that burst in 2008, the slope of both lines is strikingly similar. If one believes that gold is a crisis barometer, this makes sense. As the fiscal crises in the US persist, the higher taxes are likely to climb, adding more incentive for the wealth creators to leave… and take their wealth with them. The IRS appears to be losing one taxpayer for every dollar rise in the gold price. Taxation Cliff The omnipresence of warnings about the impending “fiscal cliff” will certainly not help to soothe any unease among those contemplating expatriation. This clever yet vivid metaphor describes the fate that likely awaits the US economy should DC legislators fail to extend the expiration of several key tax breaks and incentives that sunset in January. If the original legislation is left unaltered, taxes will rise and further constrain an already stretched consumer. In turn, absent moderate growth in consumer spending, employers will lack the incentive and confidence to begin hiring. Today, elevated unemployment is a chronic problem facing the US economy, and is seen by Federal Reserve Chairman Bernanke as a challenge that will take quite some time to correct. A stagnant to falling work force means at best a wobbly stream of tax revenue, and more probably falling tax receipts. With all levels of government starved for revenue the circle completes, as they are forced to raise taxes and cut government employees to meet the operating costs of government services and pension benefits. And this highlights a further taxing dilemma that might lay in wait for taxpayers. As desperate as the fiscal situation might be at the federal level, hundreds of state and local governments are in dire straits. So we may see a perverse scenario in which the tax breaks that are extended by Washington are offset by a rise in income, property, and other taxes and fees by state and local jurisdictions. Regulatory Cliff Yet, another ledge on the cliff-of-state concerns the rise in costly and intrusive regulations dreamed up in Washington. One of the most far-reaching and sinister is the Foreign Account Tax Compliance Act, or FATCA. I have covered this area in past International Man articles, so most readers will be familiar with it. But for anyone who’s been in a cave for the last two years, in a nutshell, this new compliance regime effectively forces all foreign financial institutions to identify, track, monitor, and report the movement of funds by all US persons (and entities with a US person or persons as the beneficial owner) and report it to the IRS. That is a grossly simplified explanation, but nonetheless accurately conveys how broad the reporting net has grown. Failure by any foreign institution that is deemed to be “financial” to comply with FATCA reporting will result in 30% of the funds in question to be withheld and forwarded to the IRS as a penalty. A Crumbling Ledge The ledge on which US international investors stand just got a bit narrower. On Sept 11, 2012, the IRS released the draft versions of four compliance reporting forms for individuals and entities. They are: – Form W-8IMY, Certificate of Foreign Intermediary, Foreign Flow-Through Entity, or Certain US Branches for United States Tax Withholding – Form W-8ECI, Certificate of Foreign Person’s Claim that Income is Effectively Connected with the Conduct of a Trade or Business in the United States – Form W-8EXP, Certificate of Foreign Government or Other Foreign Organization for United States Tax Withholding – Form W-8BEN, (Individuals), Certificate of Foreign Status of Beneficial Owner for United States Tax Withholding As shown, FATCA regulations have continuously expanded to the point that it covers all forms of wealth structures. For any US person with an interest in a foreign entity, this is an important progression. Professional advice and counsel should be sought to avoid missing a filing deadline, or otherwise failing to comply with FATCA. The financial and manpower burden that FATCA will impose on foreign institutions to comply is big and getting bigger. In response, many foreign banks and brokerages have opted to bar US persons as clients and forgo the hassle. In this sense, FATCA should be seen as the back-door implementation of exchange controls. And it will get worse. Anyone sitting on the fence about internationalization must take steps to get some wealth outside the US now. That window is closing fast. If you’re going to successfully internationalize – whether assets, income or personally – you’ll need some good resources to do it. Join us at the International Man Network and gain access to our library of reports on a wide range of diversification topics from moving gold overseas or finding an international broker to getting set up on the ground in a number of different countries around the world. Click here for more information.last_img read more

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first_imgRecommended Links Faber has been making bold calls his entire career. He’ll be sharing his thoughts with Casey readers at the 2015 Casey Research Summit. Doug Casey, James Altucher, and Gerald Celente will also be there, among other investing all-stars.The summit is from October 16-18 at the 5-star Loews Ventana Canyon Resort in Tucson, Arizona.Click here for more information on the 2015 Casey Research Summit.•  At least one industry is benefiting from too much oil…There’s a boom happening in oil shipping.Oil shipping companies move oil from one country to another. They make money based on the volume of oil they move…so they don’t need high oil prices to earn high profits. Unlike big oil companies, oil shippers are making a lot of money with oil at $42/barrel.Nordic American Tankers (NAT) is one of those companies. It owns a fleet of 24 ships that it uses to move oil across oceans.Nordic just released great second-quarter results. Profits jumped 84% from last year, and it raised its dividend from $0.12 to $0.40. Nordic’s stock price is up 50% this year.E.B. Tucker, editor of The Casey Report, is bullish on oil shipping stocks. In the newest issue of The Casey Report (published yesterday), he explained how the oil shipping industry is in a “sweet spot” right now.Basically, the world has plenty of oil…but much of it is in the wrong places. Countries that have lots of oil don’t need it all…and countries that need oil don’t have enough. For example, China consumes 3.8 billion barrels of oil per year. But it produces only 1.7 billion barrels per year.Oil shipping companies’ stocks are booming because it’s their job to get oil to those who need it.E.B. likes one dominant oil shipper in particular. He expects it to raise its dividend by next week:The company will announce its second dividend payment for the year on August 20. It has an explicit policy of paying 80% of annual net earnings to shareholders. The first dividend payment this year was $0.25 per share. Earnings were higher in the second quarter. We expect the dividend to be, too. We want to buy in before that happens.The tanker business has been strong. But the collapse in oil prices has overshadowed it. We have a unique opportunity to buy shares of the best-positioned crude tanker operating right before it announces its next cash payout.You can invest in this oil shipper with us by taking a risk-free trial of The Casey Report.Chart of the DayToday’s chart shows the huge growth in world oil production.You may think that low oil prices should cause a decline in production. After all, the laws of supply and demand say that “the cure for low prices is low prices.”But here’s something you might not know: once an oil well starts producing oil, there’s no easy way to turn it off. Oil companies have spent hundreds of billions of dollars unlocking new sources of oil. Now that the oil is flowing, most of it will keep flowing no matter how low oil prices get.As you can see, global oil production is at its highest level in at least 25 years…and shows no sign of slowing down.Regards,Justin SpittlerDelray Beach, FloridaAugust 14, 2015 The price of oil has fallen to a new six-year low.Casey readers know the story behind cheap oil prices in the US. New technologies have unlocked huge amounts of oil. US companies are now pumping more oil than they have since the 1970s. US oil production has doubled in the past decade.The price of oil has fallen from $106 per barrel in June 2014 to $42 today. In May and June, oil rebounded above $60, giving some hope that the bottom was in. But this latest washout to new lows suggests that oil will be cheap for at least the next couple of months.Bloomberg reports that the International Energy Agency (IEA) thinks the “supply overhang” could last at least another year.The global oversupply will average 1.4 million barrels a day in the second half of this year, straining available storage capacity, before easing to about 850,000 barrels a day in 2016, the IEA estimated. The production surplus in the second quarter was 3 million barrels a day, the highest in 17 years, it said.•  The oil crash is slamming companies in the industry…We’ve shown you how big oil companies are hurting. America’s two largest oil companies, Chevron (CVX) and Exxon (XOM), both reported their weakest profits in 13 years. XOP, an exchange-traded fund (or ETF) that holds the largest oil companies, is down 57% from its June 2014 peak.We’ve also shown you how the “picks and shovels” of the oil industry, like Halliburton (HAL) and Schlumberger (SLB), are struggling. OIH, an ETF that owns “pick and shovel” companies, is down 44% since last June. •  The oil crash is also hurting entire countries that rely on oil revenue…Norway is one big oil producer that’s hurting. Norway produces more oil than any other country in Europe, thanks to its vast oil reserves in the North Sea. Petroleum and natural gas account for 62% of Norway’s exports.Crashing oil prices have pushed Norway’s unemployment rate to an 11-year high. And Norway’s currency, the krone, has dropped 25% in the last year.Norway’s problems are important because it runs the biggest sovereign wealth fund on the planet.You see, Norway was smart with its oil profits. With oil around $100/bbl for much of the last four years, Norway made a lot of oil money. It socked much of those profits away into its government pension fund. It’s now the largest pension fund in the world, with nearly $900 billion in investments.Norway’s pension fund is a gigantic investor. It owns an incredible 1% of all stocks worldwide.•  The oil crash could force Norway to sell some of its stocks…Bloomberg explains how Norway may have to make some tough choices:If the government has to withdraw money from its $875 billion sovereign wealth fund, it will be a historic step. It’s either that, or heavily rein in fiscal spending at a time when the country needs it most. The state’s spending could start to outstrip income from oil, which it pours into its wealth fund for future generations.If Norway does start selling its stocks, it could put pressure on stock prices worldwide. European stocks would probably feel it the most. Norway’s pension fund is the single largest owner of European stocks, owning 2% of all European stocks.•  Marc Faber thinks the oil crash could force other government funds to sell…Faber is the managing director of Marc Faber Limited, an investment advisor and fund manager. You may know him as “Dr. Doom.” He earned that nickname by making several huge contrarian calls throughout his career. He urged his clients to get out before Black Monday hit in 1987. And he predicted the Asian financial crisis of 1997-1998.In a recent Barron’s Roundtable, Faber said that the collapse in energy prices could cause sovereign funds around the world to sell:…sovereign wealth funds rose to $6.8 trillion as of September 2014, from $3.2 trillion in 2007. Of that growth, 59% came from oil, gas, and related revenue. As oil prices fall, what will happen to the growth of sovereign wealth funds, which have been buying financial assets around the world? Their funding is going to evaporate, and they might be forced to sell. —center_img – Why You Shouldn’t Invest in Gold…Contrarian investors are piling into a risky sector of the gold market right now. As uncertain as this opportunity may be, our Executive Editor, Dan Steinhart says,“This is one of best investment opportunities in the world for the next five years and beyond. So much money is going to be made… and it’s going to happen very quickly. But time is running out…” Click here to learn why.last_img read more

• Companies cant raise prices easily when they ha

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first_img • Companies can’t raise prices easily when they have a lot of unused capacity… E.B. explains: You see, if demand picks up, there’s an idle machine nearby whose owner is willing to put it to use. He’s just glad it’s being used. He’s definitely not in a position to charge more since there are several idle machines to choose from. In fact, it’s more likely he’ll undercut his competition just to have the work. As we mentioned, deflation will hurt deeply indebted companies the most: Companies that borrowed money during the Fed’s credit experiment will also be hit hard. For example, if a company borrowed $100 million to build a new factory, it has to repay that cheap money over 10 years. But its competitors sit with idle factories willing to produce at any price to avoid bankruptcy. To compete, it has to drop prices…so it has less money coming in to pay its debts…and forget about profits. • Profits for companies in the S&P 500 have fallen three straight quarters… They are on track to decline a fourth straight quarter. That hasn’t happened since the 2008–2009 financial crisis. These companies are also bleeding cash… Companies in the S&P 500 spent 108% of their operating income on dividends and buybacks during the fourth quarter. According to investment research firm Yardeni Research, that’s the highest level since the 2008–2009 financial crisis…when corporate profits nosedived. Companies will have even less money for buybacks, acquisitions, and dividends when deflation arrives. • There’s little reason to own U.S. stocks right now… E.B. is telling readers to hold cash and physical gold. A cash reserve will help you avoid losses if stocks fall. It will also allow you to buy stocks when they get cheaper. Holding physical gold is another simple way to avoid losses. As we often remind you, gold is money. It’s preserved wealth for centuries because it has a unique set of qualities: It’s durable, easily divisible, and portable. Its value is intrinsic and recognized around the world. Investors buy it when they’re nervous about stocks or the economy. This year, gold is up 18%. It’s at its highest price in well over a year. • E.B. isn’t out of stocks completely… E.B is investing in companies that can do well no matter what happens with the economy. And he’s found the ideal business to own during deflation… Earlier this month, he recommended a world-class licensing company that “caters to the masses.” The company owns dozens of popular American brands. But it doesn’t manufacture anything. Instead, it gets paid a cut every time one of its logos appears on a jacket or pair of shoes. According to E.B., it’s the type of business you want to own during deflation: This is a great business model. The company makes money on every product sold. But it doesn’t bear any of the risk of running a factory or a retail store. The stock is also dirt cheap. It’s trading 83% below its 2014 high. If you’re concerned about the stock market like we are, we urge you to take action today. At minimum, we recommend you hold more cash than usual…own gold…and only invest in businesses you know can survive a major financial crisis. For other ways to “crisis proof” your wealth, watch this short presentation. In it, E.B. explains why the coming crisis could cause stocks to plunge 50%…trigger a collapse of the banking system…and even provoke the government to ban cash outright. It’s one of the most important messages we will deliver all year. Click here to view this free video. Chart of the Day The U.S. stock market is in its longest “dry spell” in two decades… Today’s chart shows the performance of the S&P 500 over the past year. You can see it’s now gone a whole year without setting a new high. You don’t often see this during bull markets. Bloomberg Markets reported over the weekend: On Monday [Yesterday], the S&P 500 will extend its streak without a record to 253 trading days, matching the drought that lasted through February 1995. Only two other long-term rallies went without new highs for longer — 272 days through 1984 and 361 days through 1961. Bull markets end when a benchmark index falls 20 percent from a record. According to Bloomberg, this kind of “dry spell” usually marks the end of a bull market: More often than not, such dry spells are ominous for equities. Among the 13 instances since 1946 that began with stocks going as long as they have now without posting new highs, 10 ended in bear markets. U.S. stocks are treading water right now. We encourage you to invest with caution. It’s an immediate threat to your wealth right now…and it’s another sign we’re headed for a major financial crisis. What we’re covering today stems from the Fed’s “monetary experiment” that began in 2008. As you may know, that year, the Fed dropped its key interest rate to effectively zero. It then started borrowing and printing trillions of dollars. This experiment has been nothing short of a disaster. Over the past eight years, the Fed’s pumped $3.5 trillion into our financial system. And our national debt has more than doubled. Casey Research founder Doug Casey says the Fed has set us up for a massive financial crisis…one that will ultimately destroy the U.S. dollar: These reckless policies have produced not just billions, but trillions in malinvestment that will inevitably be liquidated. This will lead us to an economic disaster that will in many ways dwarf the Great Depression of 1929–1946. Paper currencies will fall apart, as they have many times throughout history. E.B. Tucker, editor of The Casey Report, agrees that the dollar will collapse eventually. But he says there’s a more immediate threat to protect yourself against today… • Deflation is a huge threat to your investments right now… Deflation is when prices for goods and services fall. It’s the opposite of inflation. To many people, deflation sounds like a good thing. After all, who wouldn’t want to pay less for food, clothing, and electronics? While deflation can be good for consumers, it’s terrible for many businesses. It’s especially bad for businesses that have borrowed too much money. After all, deflation in the U.S. makes the dollar stronger, which makes it harder to pay back loans. For example, if a company borrows $100,000 and we get 5% deflation, it effectively has to pay back $105,000. • E.B. says the Fed planted the seeds of deflation during the 2008 financial crisis… In 2008–2009, the Fed’s flawed thinking went like this: people are “hoarding” money instead of spending it. If we could just convince people to spend more money, the economy would recover. So its solution was cheap money…lots of it. As we mentioned, the Fed printed massive sums of money and cut rates to zero, in hopes that it would jumpstart spending. It backfired. The chart below shows the “velocity” of the U.S. money supply, which measures how fast money changes hands. As you can see, velocity is at its lowest point since 1959. Regards, Justin Spittler Delray Beach, Florida May 24, 2016 We want to hear from you. If you have a question or comment, please send it to feedback@caseyresearch.com. We read every email that comes in, and we’ll publish comments, questions, and answers that we think other readers will find useful. – [Shocking New Video] He Predicted the Collapse of the Soviet Union… Now He’s Issued a Dire Forecast for America Doug Casey just released an urgent broadcast. And one thing is clear: For unprepared investors, what’s coming in 2016 could be devastating. For serious investors ready to take action now, the next seven months could be more profitable than the past seven years. I almost couldn’t believe what he says at 5:27. Click here now. Leaked: Critical Two-Minute Warning from Accountant’s Computer Have you seen this obscure video yet? Yesterday, it leaked from the personal computer of a former insider at one of the world’s largest banks… And it has some folks predicting it could save a major portion of your savings within the next month. Not only that, they’re saying this video can also hand you some of the greatest profit opportunities of your life. Up to five triple-digit gains by December. Are the rumors true? There’s only one way to find out… Click here to air a private viewing now.center_img — • U.S. capacity utilization is at its lowest level since the financial crisis… This metric measures the percentage of property, plant, and equipment that’s currently in use. A low number means a lot of factories are sitting idle, instead of producing goods. You can see in the chart below that U.S. capacity utilization is below 75% for the first time since 2008. This means nearly three out of every ten machines in the U.S. are sitting idle right now. Recommended Links • The Fed’s printed cash is not moving around the economy… E.B. explains why the Fed’s plan backfired: Instead of being spent on goods and products, the Fed’s cheap money has been funneled into investments. Instead of buying more cars and houses like the Fed intended, folks bought more stocks and bonds. With folks investing the new cheap money instead of spending it, the S&P 500 has more than tripled since 2009. Bond prices have hit record highs too. Meanwhile, the “real” economy is worse off in many ways. The U.S. economy is growing at its slowest pace since World War II. And the real median household income is about $2,500 lower today than it was in 2007. • Thanks to rock-bottom interest rates, U.S. corporations have borrowed almost $10 trillion in the bond market since 2008… Last year, they borrowed a record $1.5 trillion. But like consumers, companies didn’t use the borrowed money to buy real, tangible things. They didn’t buy machinery, equipment, or anything else that would grow their businesses. Instead, they borrowed to buy other companies and their own stock on the open market, also known as a share buyback. • Companies in the S&P 500 spent nearly $1 trillion on acquisitions and buybacks last year… That’s about $200 billion more than they spent on new machinery, equipment, and research and development. This is a big problem. A company can boost its earnings by buying other companies or its own stock. Neither actually improves the business. But they can make profits look bigger “on paper.” Since the financial crisis, hundreds of giant corporations have used acquisitions and buybacks to hide problems. But those problems are becoming too big to ignore.last_img read more

Hundreds or even thousands of disabled people are

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first_imgHundreds or even thousands of disabled people are so alarmed by the idea of Britain leaving the European Union (EU) that they are considering moving to Scotland, information from disabled activists suggests.One disabled campaigner has told Disability News Service (DNS) that she has been contacted personally by 70 disabled people who want to leave for Scotland in the wake of last week’s referendum result, in which Britain voted to leave the EU by a margin of 52 per cent to 48 per cent.Pat Onions (pictured), co-founder of Pat’s Petition, who lives in Scotland, said disabled people had been in touch by text, phone, email and on Facebook.She said: “Scotland wants to remain in the EU. They felt their human rights would be protected. They felt it was a safer country to live then England.“They felt Tories would remain in power after Brexit even with a general election in the autumn [and that] no-one in England cares about people with disabilities anymore.”She added: “Feelings amongst disabled people are running high. They are scared – more than before with such uncertainty. Scotland seems like a safe place to be.”Two other disabled campaigners have separately told DNS that they want to move north of the border, in the hope that Scotland will vote for independence and join the EU as an independent nation.Doug Paulley has played a leading role in using the legal system to fight disability discrimination in England, and is currently awaiting a Supreme Court ruling on whether disabled people should have priority in using the wheelchair space on buses.He is so concerned at the loss of safeguards that are currently provided by EU legislation that he is considering a move north of the Scottish border.Paulley, who lives in Wetherby, Yorkshire, said: “I’m not sure I want to be part of a country that has lost all its safeguards for disabled people’s rights and is already victimising disabled people.”He said the government was already “fairly openly hostile to disabled people” and was “making them pay for austerity”, and that an EU exit would mean a “significant loss of protection” on independent living and equality.He said: “We don’t know how much worse it’s going to be. Being in Europe could have been protecting us from things being even worse than they already are.”Paulley said he saw Scotland as a “safe environment”, and even if there was a delay in it joining the EU, he said he would “rather be in a country that is wanting to be in the EU than one that is isolationist”.He insists he is serious about the idea, although he accepts the difficulty of transferring his care package from one part of the UK to another.He said: “I don’t want to do anything too quickly because I wouldn’t want to do anything based purely on the shock [of the EU vote] but in reality as a disabled person you can’t anyway, so it will take a while to research and organise, [but] I am definitely starting.”Martin Kelly, founder and chief executive of the Disability Experts consultancy, said he too was considering a move to Scotland.He said: “My wife is Scottish and is keen to return following the result and I’m not against the idea either.“We said we would look into moving to Scotland if the vote was to leave. This is because we want to be member of the EU, we feel we have the protection of EU laws as people with disabilities.“I was devastated by the result because I don’t feel as protected as I used to.“I’m concerned that our human rights will be altered and I’m concerned that any progress we have made since the Disability Discrimination Act and the Equality Act will be undone by an autonomous government.”John McArdle, co-founder of the user-led grassroots network Black Triangle, which is based in Scotland, said: “I have had a lot of people express that opinion.“I don’t know whether it means they will just pack up and move north.”But he said the referendum had “hardened people’s fears and sense of insecurity”.He said: “The feeling is that people are terrified that there has been such a right-wing shift in British politics because of Brexit.”He said this had led to a rise in hate crime, which had affected disabled people who were being blamed for claiming benefits and causing the country’s financial problems.McArdle said: “People look north to us and see a lack of any of that and all this hatred and division and see broadly speaking [in Scotland] social solidarity.“That’s what is making people feel they would prefer to live in a country like Scotland rather than England, with the way things are going.”He said he believed that some disabled people would move north, but for a combination of reasons and not just the Brexit vote.He said: “This may just be a tipping point.”McArdle said one reason could be the Scottish government’s move to set up its own Independent Living Fund, following the closure of the fund in England last year, and new wide-ranging powers for the Scottish government to control benefits such as disability living allowance and personal independence payment, as a result of the Scotland Act.Scotland’s first minister, Nicola Sturgeon, pledged in her party’s manifesto for this year’s Scottish parliament elections that an SNP government would “protect disability benefits” and “reform assessment procedures to ensure they work for service users, and stop the revolving door of assessments and related stress and anxiety for those with long-term illnesses, disabilities or conditions”.last_img read more

A wheelchairuser has successfully tested a system

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first_imgA wheelchair-user has successfully tested a system that allows an unoccupied car to be parked after its driver has left the vehicle, using technology that could be publicly available within a year.The organisations developing the system, demonstrated in the last few days at a hotel in Greenwich, London, believe it could make life far easier for drivers who are wheelchair-users, who often find it difficult to secure suitable parking spaces.The system allows a driver to stop, remove themselves and their wheelchair from the car, and then use the technology to park the unoccupied vehicle remotely.It was tested by freelance mobility consultant Toby Veall (pictured), who drove to the hotel, before leaving the Toyota Prius and removing his wheelchair, and calling up the support of an operator to park his vehicle for him remotely, using 3G and 4G cellular technology developed by telecommunications provider O2.For locations like underground carparks that don’t have cellular reception, the wheelchair-user can park the vehicle using an app on a tablet device, using in-car wi-fi.Veall said the system had huge potential for increasing disabled people’s independence.He said: “I think it’s a really exciting prospect for the future, and hopefully it is sooner rather than later.”One of the main problems facing drivers who use wheelchairs is finding a suitable parking space, he said.This can be because other cars park too close – particularly when there are no accessible spaces available – so the doors cannot be opened wide enough to allow a wheelchair to be removed or stowed, or due to uneven surfaces like gravel or grass, and hazards such as steep kerbs or slopes.Veall said: “The use of a simple app to remotely park the car would be warmly welcomed by myself and many others with mobility problems and help to remove parking anxieties and improve independence.“The more I think about it, the more potential uses I can think of.”The “teleoperated autonomous vehicle service for people with reduced mobility” has been developed as part of the GATEway (Greenwich Automated Transport Environment) project.The two-year, £8 million research programme, led by TRL (the formerly government-owned transport research laboratory) and funded by government and industry – including O2 and robotics specialists Gobotix – aims to investigate the use of automated vehicles, including automated passenger shuttles and urban deliveries, and test how drivers of regular vehicles respond to the presence of automated vehicles on the roads.Dr Ben Davis, technical director of Gobotix, said: “Everybody is waiting for the arrival of fully automated vehicles, but there’s a lot that vehicle manufacturers can be doing already with existing technology to help improve accessibility and mobility for older and disabled drivers.“Many modern cars can be adapted so that they are driveable by a remote pilot and what we’ve demonstrated as part of GATEway is proof of that. “By offering a remote teleoperation service, we can remove common concerns around boarding and alighting.“It’s about empowering those with reduced mobility to retain independence through the use of technology.”He said the system could be available to disabled drivers within a year.He said: “The technology is inherently simple to install.“In fact, in a lot of vehicles they probably wouldn’t have to add anything to the vehicle apart from the software that enables this to be possible.“If the appetite among the automotive manufacturers was there, there is no reason why this couldn’t be available to consumers within 12 months.”last_img read more

Disabled people who employ personal assistants PA

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first_imgDisabled people who employ personal assistants (PAs) are being investigated by the government for failing to pay their PAs the minimum wage during overnight “sleep-in” shifts.HM Revenue and Customs (HMRC) has admitted to Disability News Service (DNS) that individual PA employers have been investigated, just like large service-providers such as Mencap.The government has publicly warned – following a high-profile tribunal ruling involving the charity – that many care workers should have been paid at least the minimum wage for the hours when they were sleeping on an overnight shift.Many of them should now be able to claim for up to six years back-pay.But the revelation that individual disabled people who use PAs are also being pursued by HMRC for years of back-pay is now beginning to cause alarm in the independent living movement.In April, the employment appeal tribunal ruled against Mencap and said the charity should have been paying care workers at least the minimum wage for “sleep-ins”.Mencap is now appealing against the ruling.The government took some action to try to calm fears about the impact on the care industry of the ruling yesterday (Wednesday) by temporarily suspending enforcement activity by HMRC – until 2 October – and scrapping fines for those who failed to pay sleep-in staff the minimum wage before 26 July 2017.But the government statement also made it clear that it was committed to ensuring that “workers in this sector” would receive the back-pay “they are legally entitled to”.And HMRC has today (Thursday) confirmed to DNS that it has been taking enforcement action against some individual disabled employers for allegedly failing to pay their PAs the minimum wage on overnight sleep-in shifts.One such employer has contacted DNS to say she is being investigated by HMRC because of a complaint from a PA about back-pay dating back three years, although she has not yet provided any further details.Sue Bott, deputy chief executive of Disability Rights UK (DR UK), said she had heard from two other disabled people who employ PAs and have been under investigation by HMRC.She was contacted after raising concerns through the DR UK website that PA employers could be caught by the tribunal ruling.She said the tribunal appeal ruling could have “far-reaching consequences” if it was confirmed by the court of appeal.Bott (pictured) said: “You can imagine the difficulty it will cause individual employers.“I do think it’s right that PAs are paid the national minimum wage for each hour.“In principle, I do think that’s right, but obviously I am concerned given the lack of resources in health and social care and how difficult it would be for individual employers to respond to a retrospective demand.”She believes the problem of PA employers not paying the minimum wage for sleep-in hours was “pretty common”.She said: “People just don’t receive enough money in their personal budgets to be able to pay national minimum wage for every overnight hour.”A government spokesman said today: “HMRC enforces the National Minimum Wage and National Living Wage in line with the policy and guidance set out by the Department for Business, Energy and Industrial Strategy.“The government is aware that people who have used their direct payments to fund sleep-in shifts could be personally liable for back-pay.“These people are themselves extremely vulnerable, and the government is committed to doing all it can to prevent those individuals from suffering financial difficulties as a result of this issue.“We can confirm that the pause in HMRC investigations will apply to these individuals as well as to businesses, and that HMRC will not be applying penalties.“The particular needs of this group will also be the subject of government considerations over summer.“The government will continue to look at this issue extremely carefully alongside industry representatives to see how it might be possible to minimise any impact on provision of social care, and ensure that action taken to protect workers is fair and proportionate.”There is so far no agreement among independent living experts as to whether PA employers themselves would ultimately be liable legally for any back-pay.Anne Pridmore, director of Being the Boss, a user-led organisation which supports disabled people who employ PAs, and who employs overnight PAs herself, said she was deeply concerned by the tribunal ruling and the government statement.She said she believed that “the buck stops with us” as employers of PAs, even if local authorities or clinical commissioning groups have not been paying enough in care packages to afford to pay minimum wage for overnight hours.She should be safe herself from any action by HMRC, as her current package allows her to pay more than minimum wage as an average hourly payment across her PAs’ 24-hour shifts.But she fears that when the national minimum wage rises again in October, she will no longer be able to do so. Her care package has not been increased in nine years.She said: “At the moment I am within the law, but from October I won’t be. There are many of us in the same position.”Tracey Jannaway, director of the PA services social enterprise Independent Living Alternatives, said she believed the responsibility for meeting the back-pay would probably fall on the council or NHS body that funded the personal assistance, rather than the PA employer.She said the legal system had previously found the funding body responsible for ensuring that PA employers had the resources necessary to meet all their legal obligations, such as the minimum wage, national insurance, pension payments and insurance.Jannaway said it was “highly probable” that this would apply to PA employers and sleep-ins, but that it would probably take a legal test case to confirm this.She said years of conflicting rulings on night-time pay had left many people with their “heads in the sand”.And she said if the ruling was extended to “all people doing sleep-ins or indeed all live-in workers the implications will be far reaching and hard hitting” because “very few” people receive the necessary funding to pay for hour-by-hour overnight personal assistance.Even if local authorities and NHS bodies are found responsible for the night shift back-pay of PA employers, the financial implications will be “colossal” and probably “result in people having their hours reduced” because of the existing social care funding crisis.Jannaway added: “It does seem unreasonable to pay someone an hourly rate if they are genuinely doing a sleep-in where they are only ever woken in an emergency – say once or twice a year.“It would be better for HMRC to agree what is the reasonable sum for this work. However, those people who really do work the sleep-in are entitled to be paid.“At ILA, we argue for the hourly rate for night cover. However, some local authorities simply will not/cannot fund it.”last_img read more

The number of inspectors working for the care watc

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first_imgThe number of inspectors working for the care watchdog has fallen sharply over the last year, according to new figures obtained by Disability News Service (DNS).From October 2016 to October 2017, the number of inspectors employed by the Care Quality Commission (CQC) across health and social care in England fell by 89.Most of this fall was caused by a drop in the number of CQC adult social care inspectors, who carry out inspections of services such as residential homes, day centres and home care agencies, and which fell from 850 to 787 (a fall of 63, or seven per cent).The number of CQC inspectors working on inspections of GP surgeries and hospitals fell from 605 to 579 over the same period (a fall of four per cent).The figures were provided to DNS in response to a freedom of information request.Three months ago, DNS reported how more than 300 residential care homes for younger disabled adults had not been inspected by the care watchdog for more than two years.Those figures, also released by CQC in response to a freedom of information request, showed that 87 care homes in England had not had an inspection since 2014, while 10 homes had not had an inspection for between three and four years.Asked about the latest figures showing the fall in the number of inspectors, a CQC spokeswoman said: “We are committed to making sure that as the quality regulator, we are as effective and efficient as we can and should be.“While we haven’t had to make people redundant, in some places we have an ‘older’ workforce, which means people are retiring and we are not always recruiting to the same areas as we resource areas dependent on risk.“We continually monitor our resources and recruitment activities*.”She added: “We have inspected and rated every adult social care service that was registered on or before October 2014, many more than once.“In particular, we have prioritised our re-inspections on where we have the greatest concerns about quality and safety.“Our strategy signals how we intend to do this further, as part of our wider plans for the regulation of this sector in England.“This is so that we can ensure that people receive safe, high-quality and compassionate care, and so that we can encourage improvement.”Last month, DNS reported how one of the organisations employed by CQC to recruit current and former service-users to assist CQC inspectors was failing to make some of the most basic background checks on its recruits.Undercover reporters discovered that Remploy failed to ask for references for potential new recruits to the Experts by Experience programme, and also failed to carry out face-to-face interviews.*CQC has a web page for those interested in working as adult social care inspectorslast_img read more

The public tit for tat row between the governmen

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first_imgThe public “tit for tat” row between the government and Motability has intensified after senior figures in the organisation and the minister for disabled people gave evidence to MPs.The Treasury and work and pensions select committees are holding a joint inquiry following political and media criticism of how the car scheme for disabled people is run.Following the evidence sessions on Monday, the committees have asked the National Audit Office (NAO) to investigate the scheme.Sarah Newton, the minister for disabled people, suggested during one of the evidence sessions that letters she would release to the committee would show that Lord Sterling, the Tory peer who co-founded the scheme more than 40 years ago, was wrong to accuse work and pensions secretary Esther McVey of making a series of untrue and misleading statements about the scheme to MPs last month.Lord Sterling – who also gave evidence to the committees on Monday – had said in his letter that McVey was wrong to claim that it had been her intervention as minister for disabled people in 2013 that led to Motability agreeing to pass £175 million to former disability living allowance (DLA) claimants who were going to lose their Motability vehicles in the programme to be reassessed for the new personal independence payment (PIP).The committees also suggested that they might use their report to call on the government to allow rival organisations to set up as competitors to Motability, which they said might drive down the price paid by disabled people to lease vehicles through the scheme.Newton said the level of pay and bonuses received by executives of Motability Operations (MO), which runs the scheme on behalf of the Motability charity*, was “quite shocking” and there were “serious questions” to be asked about its governance, including the level of its financial reserves.She said ministers had repeatedly challenged MO about the level of reserves and remuneration and asked it to spend more “to the benefit of disabled people”.But she said that no-one had raised any problems with her – since she became minister last year – about the service Motability provides to disabled people, and she believed it worked well for its customers.Referring to Lord Sterling’s letter to McVey, Newton said it was “really sad to have this public tit for tat” and she promised to provide the committee with letters sent by ministers to Motability in 2012 and 2013.She said: “I have read the correspondence and it sets beyond doubt that the department really pushed Motability to increase the amount of funding to support people through the transitional [DLA to PIP] arrangements.”She added: “The letters speak for themselves.”Newton said McVey had suggested that one of the outcomes of an NAO inquiry could be to examine if there should be more competition for Motability, if that was “to the benefit of disabled people”.MPs on the two committees had earlier questioned senior figures from both MO and the charity that oversees the scheme, Motability.Among the MPs asking questions was Labour’s John Mann, whose concerns about the scheme have helped raise the profile of issues around its governance, but who was himself criticised in Lord Sterling’s letter to McVey.Mann suggested that Motability was “a very good scheme that has now become rather bloated” and that because running the Motability scheme was very low risk, MO did not need such high levels of reserves, currently at £2.4 billion.Mike Betts, chief executive of MO, said his organisation did face significant risks, including the fact that a one per cent drop in the value of used cars can cost MO about £50 million.Betts (pictured, giving evidence) defended the sums held in reserve, which he said helped keep down how much money it has to pay to borrow money to buy its new cars, and was invested in the cars used by its customers rather than in cash.He said that MO also currently holds about £540 million in cash, but that the company needs this because it spends £300 million a month buying cars.But Mann said that written advice he had received from the Financial Conduct Authority (FCA) stated that it would not expect an organisation like MO to keep £2.4 billion in reserves to cover risk**.Lord Sterling, who chairs the Motability charity, insisted that disabled people “receive every spare penny”, but “only when we think it is safe to do so” and as a result of “the two boards [working] carefully together”.Declan O’Mahony, director of the charity, said the two organisations “see this as a period of elevated risk” – because of uncertainties about future interest and exchange rates and levels of depreciation on diesel cars – and so it was “not a time when we see an opportunity to transfer further reserves immediately” from MO to the charity (and therefore to disabled customers).The committee heard – as reported by Disability News Service last month – that the reassessment of Motability customers who had been receiving DLA for the new PIP had led to 75,000 disabled people losing their eligibility to stay on the scheme and having to return their vehicles, out of 175,000 who had been reassessed so far.Betts said MO had made profits of about £129.6 million in 2016 and £212.7 million 2017, although profits are invested back into the company.When asked whether MO should be making higher donations to the charity Motability, he said these payments would increase – now it had achieved a sufficient level of reserves – but it was too soon to say by how much because it would depend on the next year’s profits.When Frank Field, chair of the work and pensions committee, asked why MO was not donating more to the Motability charity, Neil Johnson, MO’s chair, said: “We are very happy to make charitable donations, providing we can see the sustainability of the scheme,” but he said there were “some real concerns in the car market at the moment”.But the former Tory MP Charlie Elphicke – currently an independent MP, after being suspended from the Conservative party because of an ongoing police inquiry – said he could not see why MO did not make an immediate donation of “£100 million-plus” to the charity.The committees also discussed the large salary and bonuses that have been paid to MO executives, particularly Betts, who received £1.7 million in one year.Field told Betts that “a large, large, large amount has gone into your pocket” and asked him about his “extraordinary rewards”.Betts said: “I had no role in setting my own pay. I had a mandate to transform the business.“That has happened and the reward has been for success. The customers are the beneficiaries of that transformation.”When Field asked how they would feel about the two committees recommending that NAO carry out an inquiry into how the scheme was run, Lord Sterling said the charity would welcome a review so “the issues raised could be put to rest once and for all”, while Johnson said MO would also welcome an inquiry because “the air needs clearing”.Nicky Morgan, chair of the Treasury committee, pointed out that, while Motability did not receive any direct funding from the government, its business was reliant on DWP payments of disability benefits, while it also received “significant” VAT and insurance tax concessions.Morgan said: “From the evidence I have heard, I don’t understand quite the corporate governance arrangements between the company, the scheme and the charity, and that alone means the NAO on behalf of parliament and the committees should be asked to conduct an inquiry into this.”Morgan and Field have now written to NAO, asking it to carry out such an investigation.*The charity Motability is a DNS subscriber**The committees subsequently published the letter, which also said that “as the firm is required to have sufficient financial resources to meet their liabilities as they fall due, we would expect the senior management of the firm to assess the adequacy of their resources in the context of their size, risk profile, complexity of regulated activities, strategy and circumstances”.last_img read more

eGov Africa 2013 Special QA with ZTEs Wang Yi Wen

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first_imgWang Yi Wen (Left) during the interview Advertisement Last week, Uganda hosted the 7th edition of E-Gov Africa 2013 at the Commonwealth Speke Resort Munyonyo, under the theme for this conference is  ‘e-Gov Policies, Practices and Innovation: The Road Ahead for Africa’.This eventwas organised by the Ministry of ICT and the Uganda Communications Commission (UCC), under the auspices of the Commonwealth Telecommunications Organisation (CTO).Among the exhibitors was Chinese equipment manufacturer, ZTE, and PC Tech‘s Albert Mucunguzi caught up with the Corporations Vice CTO for Middle East & Africa Mr. Wang Yi Wen for a brief chat, and here are the excerpts.ZTE staff present a mobile healthcare unit to Uganda’s ICT Minister, Dr. Ruhakana Rugunda (2nd Left) and Prime Minister Hon. Amama Mbabazi (3rd Right)What is the situation of ZTE Government and Enterprise network, both on the domestic and international markets?You know, we [ZTE] started business in 1985, and at in that time we’ve been focusing on the telecommunications industry.But in 2006, we started to put investment and efforts in Government and Enterprise Business, and after 7 years, ZTE officially announced that the Enterprise Business is one of the three strategies of ZTE. It means we’re focusing on the operators’ business – telecommunications – and also the government’s enterprise business (ICT Convergence technologies) and also terminals. So last year was a very important year for ZTE to develop our strategies. – Advertisement – We have expanded the business into the global market, and we think we’ll maintain a rapid growth of the Government and Enterprise in the coming years.Are you able to highlight some of your biggest achievements over the last few years?From the network deployment point of view, we have already conducted widespread deployments in key potential markets – and we have achieved very good performance records from all over the world.For the future, we’re focusing on six major sectors including government, energy, transportation, some large enterprises, and we have a wide range of applications in these sectors.From the solutions point of view, we have 30 cross-sector integrated solutions which include 80 sub-solutions. One of our solutions called Public Safety in second to none. We’re ranked as the world’s #1.In the transportation industry, we’ve built the largest network in China.What is your strategy in participating in the process of informatization of Africa?In the past few years, we can see the informatization is developing very fast. We have seen more and more people enjoying the telecoms services from the operators and some governments. But it’s still not enough, as we have also seen growth in the human information consumption rates. I think this market will be very huge for providers like ZTE. We foresee more investment from large Corporations and governments in the coming years.The concept of ZTE is to make sure our company is the number One ICT provider. We want to assist the governments to build the ICT networks.We can summarize it in three parts:Marketing strategy – we’ll commit resources in this African market, cause there’s big potential market both in the past, the present and the future.Products and Solutions – we will continue to provide both the ICT Technology for the telecom operators and then the government and enterprise customers.Sales Strategy – before we provided solutions for the director selling mode, but now we coorperate with operators to resell our solutions to our the public sectors. We believe this will enlarge our sales scope.Qn: Does ZTE have a plan to come up with more solutions for Africa in future?Definitely, definitely! Because innovation and providing more solutions for Africa is our obligation. And innovation is in our DNA. In ZTE, we devote almost 10% of the annual revenue on R&D. In the past three years, we have invested over USD 300million on Research and Development. Most of our R&D engineers are based at our headquarters in China, but also we have built several branches in US, Sweden, India and so on. In addition to that team, we have the local team almost in every African country.Those guys are working with the local customers, so we do understand the current situation of the ICT Industry in Africa, and we also understand the requirements – the real needs – the governments and operators want. So our solutions are tailored based on the requirements.In the coming years, informatization of African countries will have more requirements, and ZTE will use experiences from other countries to shorten the informatization period to shorten the period – to shorten the traditional working period.Wang Yi Wen (Left) during the interviewQn: Speaking of the e-Gov Africa Forum 2013, what motivated you to exhibit?You see, this forum is a way to come together to share experiences discuss with customers and learn new ideas and needs of the customers.We regard this forum as an opportunity to “make more friends” with our customers – the first time we participated, the forum was hosted in Botswana, so this is the second time.We have other events that we participate in around Africa, including one that is happening next month in South Africa. It is very important for us to showcase our solutions and to discuss with guys from the industry, and from the various governments.Qn: ZTE is exhibiting the e-Health and e-Education solutions at this forum. Based on the current state of the infrastructure in Africa, what, in your opinion, is the primary problem that needs to be solved developing the informatization for education and healthcare?Lack of infrastructure is the biggest problem for e-Health and e-Education. Almost all of ZTEs solutions are based on Cloud Computing technology. This means, even the main processes of the services (run by the terminals) are processed at the data center. In Africa, some countries still lack the National Broadband networks. It is very difficult for such countries to enjoy some of these services.The other challenge is power supply.So we have introduced support for non-realtime services, which means some services can be used offline. The other solution we have introduced solar-powered solutions which are ideal for Africa, considering the climate.Other solutions we have introduced for the developing economies include a medical vehicle, a mobile classroom, and a mobile data center. These are working in Africa already.But we expect the situation to change greatly in 5 or 10 years.Qn: What’s your message to the African leaders and some of your customers here ?Perhaps to the government is to regulate the market – they need to ensure a fair-play environment, as well as making the market competitive.last_img read more

Apple CEO Tim Cook Puts the Man In Pokémon

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first_img Image credit: Getty Images | Bloomberg Add to Queue Next Article 2019 Entrepreneur 360 List Former West Coast Editor Peter Piper picked a peck of pickled Pokémon. How would you like to hear Tim Cook cluck that tricky tongue twister twice fast, in his trademark southern drawl? We sure would, now that the world knows he says Pokémon “like a dad.” As in completely wrong.Here’s a tip, Cook: Pokémon is pronounced purely phonetically. There is no “man” in Pokémon. I know — I checked with my 15 year old, and, oh, my 13 year old and 11 year old. Repeat after me: Poh-kay-mon, OK, mon?The 55-year-old Apple chief executive, who incidentally also dances like a dad, butchered the word “Pokémon” (and had the audacity to even pluralize it) during an Apple earnings call yesterday. He made the oops while raving about the global augmented reality sensation.Related: 5 Things You Don’t Know About Apple CEO Tim CookAnd now everyone and their brother won’t let him forget it, including the newshounds at The Verge, who dutifully posted the “adorable” evidence of Cook’s now-famous faux pas on SoundCloud, because JOURNALISM.You bet your Jigglypuff we’d be talking up Pokémon Go, too — and maybe even garbling its name because of the sheer excitement of it all — if it could potentially make our company $3 billion richer in a couple of years.But for now we’ll ignore that we don’t earn $2 million in base salary, plus $8 million in cash incentives. No, we’ll distract ourselves by perusing people’s touching reactions to Cook’s wee verbal slip-up.Jeez, everything the man does is up for scrutiny, right down to the syllable. Comes with the territory, or does it?Oh no, @tim_cook called it “Pokeman”— Jason Snell (@jsnell) July 26, 2016Moderator: Next question comes from John MoltzMe: Tim, what’s the new AR game everyone is playing?Cook: Pokayman.Me: And the plural?— Moltz (@Moltz) July 26, 2016Tim Cook just said “Poké-man” during the Apple financial results call. DAD— Sam Herbst (@mrsamherbst) July 26, 2016Safe to say Pokemon didn’t exist in Tim Cook’s youth … https://t.co/aCqAprwC9P— Jeremy C. Owens (@jowens510) July 26, 2016.@tim_cook calling Pokemon “Poke-E-man” reminds me of when @britneyspears called Ke$ha “KEY-sha.”A back-handed acknowledgement of others.— David Montalvo (@montalvo_d) July 27, 2016 3 min read Apple CEO Tim Cook Puts the ‘Man’ In Pokémoncenter_img Kim Lachance Shandrow 61shares The only list that measures privately-held company performance across multiple dimensions—not just revenue. Radicals & Visionaries July 27, 2016 Apply Now »last_img read more

Store Brands Surge by 40 Plus in Mass Retail Channel over 5

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first_imgThe gains in dollar and unit sales are generating significant market share increases for retailer brands in the mass channel as a result. Unit market share climbed to 23.2% in 2018, up from 18.5% in 2013.  Meanwhile dollar market share advanced to 19.3% in 2018, up from 15.5% in 2013.Moreover, this impressive growth for private label shows no sign of slowing.  In 2018, private label dollar sales advanced +9.8% and unit volume gained +10.6%.  In contrast, national brands were flat in dollar volume and gave up -1.3% in units.Marketing Technology News: AdGreetz Launches First, Fully-Automated & Integrated Marketing Platform, AdChefThis trend is especially significant since the mass channel is also growing faster than traditional supermarkets. Over the past five years dollar volume for the mass channel has climbed +12.6%, while unit volume was up +6.4%. Total sales in the mass channel has reached $314 billion vs. $330 billion in supermarkets.The success of store brands in the mass channel is posing a big challenge for national brands – a challenge that was clearly spelled out by Warren Buffett, a big investor in Kraft Heinz. In a recent interview with CNBC, he said the marketing colossus of well-known national brands had 2018 sales of only $26 billion compared with the $39 billion in sales posted by Kirkland, the private label of Costco, the leading warehouse club.Private label’s performance in the mass channel for 2018 nudged Nielsen’s store brands figures to positive territory across all outlets combined, despite a lackluster showing for the year in supermarkets and drug stores. For total outlets, dollar sales for store brands was up +1.7% and unit volume was up +0.4%.Marketing Technology News: HipChat Founders Launch Swoot, a Social Podcast AppCorrespondingly, store brands dollar market share in all outlets gained half a point, up to 18.5%, while unit share increased +0.6 points to 22.3%.During 2018, store brands sales across all outlets measured by Nielsen came in at $128.6 billion, up from $123.1 billion, while units moved up to 46.2 billion from 44.8 billion.Marketing Technology News: Philo Reveals Connected TV Ad Platform to Reach Latest Generation of TV Lovers The growth lead is even more pronounced when it comes to units. The same Nielsen data show that store brands volume climbed by +33.2%, while the national brands inched ahead by less than +1%. Store brands are proving to be a powerful weapon for mass merchandisers, club stores and dollar stores as they compete against both Amazon and other brick and mortar retailers. An analysis of the latest Nielsen data reveals that private label dollar volume in the mass retail channel surged +41% over the last five years, compared to a gain of only +7.4% for national brands. Store Brands Surge by 40% Plus in Mass Retail Channel over 5 Years, Far Outpacing National Brands PRNewswireApril 23, 2019, 8:00 pmApril 23, 2019 AmazonMarketing Technology Newsmass merchandisersNational BrandsNewsNielsen dataStore brands Previous ArticleEquinix Acquires Switch Datacenters’ AMS1 Data Center Business in AmsterdamNext ArticlePramati Technologies Launches Chatlets.ai to Help Enterprises Optimize Website Conversion Rateslast_img read more

Researchers succeed in accelerating process of creating 3D images

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first_img Source:https://www.uni-hannover.de/en/universitaet/aktuelles/online-aktuell/details/news/new-method-to-create-ultrafast-3d-images-of-nanostructures/ Reviewed by James Ives, M.Psych. (Editor)Apr 17 2019Lensless microscopy with X-rays, or coherent diffractive imaging, is a promising approach. It allows researchers to analyze complex three-dimensional structures, which frequently exist in nature, from a dynamic perspective. Whilst two-dimensional images can already be generated quickly and in an efficient manner, creating 3D images still presents a challenge. Generally, three-dimensional images of an object are computed from hundreds of individual images. This takes a significant amount of time, as well as large amounts of data and high radiation values.Related StoriesNew protein target for deadly ovarian cancerUMD researchers connect a protein to antibody immunity for the first timeScientists discover hundreds of protein-pairs through coevolution studyA team of researchers from Leibniz University Hannover and other universities has now succeeded in accelerating this process considerably. The researchers developed a method in which two images of an object can be taken from two different directions using a single laser pulse. The images are then combined to form a spatial image – similar to the human brain forming a stereo image from two slightly different images of both eyes. The method of computer-assisted stereoscopic vision is already used in the fields of machine vision and robotics. Now researchers have used the method in X-ray imaging for the first time.”Our method enables 3D reconstructions on a nanometric scale using a single image which consists of two images from two different perspectives”, says Professor Milutin Kovacev from the Institute of Quantum Optics at Leibniz University Hannover, who is one of the co-authors of the study.According to the authors, the method will have a significant impact on 3D structural imaging of individual macromolecules and could be used in biology, medicine, as well as in the industry. For example, the protein structure of a virus could be analysed faster and with very little effort. The protein structure has an immense influence on the function and behaviour of a virus and plays a decisive role in medical diagnoses.The team of researchers from France, Germany, and Portugal has now published the results of the study in the renowned scientific journal Nature Photonics. The project was funded by Laserlab Europe, a consortium of European laboratories that aims to foster interdisciplinary laser research.last_img read more

Philly refiner plans 120M plant to convert food scraps to fuel for

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first_img Explore further ©2018 The Philadelphia Inquirer Distributed by Tribune Content Agency, LLC. Philadelphia Energy Solutions, which emerged from bankruptcy protection last month, is supplying land and steam energy to the project, and will buy and market the renewable gas produced.For PES, often criticized as the largest source of air pollution in the region, the biogas plant give it a small bit of green cover.The refinery will retain the renewable energy credits generated from the sale of biogas, which will reduce its need to buy the credits on the open market. The high cost of those credits, called RINs or Renewable Identification Numbers, was one of the main sources of financial pain that sent the refinery into bankruptcy.”The project will help, though it certainly won’t solve the problem with RINs for us,” said Cherice Corley, PES spokeswoman.RNG built and sold what it says is the world’s largest codigester in Colorado, the Heartland Project, which converts food waste and cattle manure into methane. That project has been plagued with complaints about odor that Potter blamed on its owner and operator, EDF Renewable Energy.”It was easily solvable, but EDF took forever to solve it,” he said.The Philadelphia project, which will use only food waste and not manure, would be a totally closed system and odor-free, said Potter. “Everything is in vessel,” he said. “There is no holding of material in open tanks, or outside. There won’t be any odor issues here.”The fuel for the Point Breeze digesters will come from food that is “no longer consumer viable” discarded by grocers, restaurants, institutional kitchens and food processors. Residential food waste won’t be targeted because “the complexities of collecting that waste are prohibitive for this type of project,” Potter said.The food waste would be concentrated at two or three satellite plants located at trash-transfer stations, where it would be converted into a slurry that is trucked to the biogas plant. In the closed digesters, bacteria that thrive in an environment of 110 to 115 degrees, consume the slop and generate methane as a byproduct.The gas produced from such digesters is about 60 percent methane, which needs to be concentrated and converted into pipeline quality gas, which is typically about 95 percent methane.A critical part of the process at the satellite facilities is the handling of the food waste, which arrives in bulk or packaged form, including individual retail items past their expiration date. RNG uses European “de-packaging” equipment that opens up cans, bags and boxes and extracts the food in a high-speed centrifuge that Potter likened to a washing-machine spin cycle.”A loaf of bread in a plastic bag, a damaged can, yoghurt or cottage cheese—anything that needs to be discarded comes to us, the packaging gets removed and the packaging is taken to a landfill,” he said.For humans, the food slurry that makes up the fuel source for the biodigesters is not an appetizing mixture. “But to the bacteria in the tank, it is,” said Potter. Too much fatty, gassy food in your diet? A renewable methane producer, RNG Energy Solutions, can’t get enough food waste from restaurants and groceries, and the fattier and gassier it is, the better. RNG converts the wretched refuse of our teeming stores into transportation fuel.RNG Energy announced Monday it has formed a joint venture with Philadelphia Energy Solutions, which operates the giant South Philadelphia refinery complex, to build a $120 million digester that can convert more than 1,100 tons of food waste a day into methane gas.The Point Breeze Renewable Energy Project would be built on 22 acres of vacant land in the refinery’s North Yard area, off Maiden Lane to the west of the four spherical butane tanks along the Schuylkill Expressway. The project would take from two to three years to permit and to build.The biogas project aims to divert food wastes from landfills, and also to reduce the escape of methane from decomposing landfill waste into the atmosphere. The facility would produce 3 million cubic feet of gas a day, for which there is a strong market from owners of truck fleets and municipal buses for renewable methane to satisfy green-energy targets, said James Potter, president of RNG Energy Solutions LLC.”People definitely want to pay a premium for this type of renewable product, which will be used as transportation fuel,” said Potter.The Point Breeze project presented its plans to the city’s Solid Waste and Recycling Advisory Committee in May, and Mayor Kenney welcomed it on Monday. “The project will bring hundreds of much-needed jobs over its two-year construction, as well as dozens of permanent jobs, and I look forward to seeing this effort move forward,” Kenney said in a statement.RNG is developing similar systems in Seattle, Boston and Linden, N.J., aimed at capturing food waste in metropolitan areas, to reduce the distance that the raw material needs to be transported.”We’ve learned that communities want to achieve certain sustainability goals, and will seek to divert their own organic waste streams to our facility,” Potter said.The digestion process also produces a high-value agricultural fertilizer as a byproduct that will be sold and marketed as a soil amendment and landscaping material, said Potter. He likened to loam to peat moss, rich in nitrogen and phosphorus. “We’ve secured an organic rating for it,” he said.center_img 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: Philly refiner plans $120M plant to convert food scraps to fuel for trucks and buses (2018, August 29) retrieved 18 July 2019 from https://phys.org/news/2018-08-philly-refiner-120m-food-scraps.html Bio-methane transforms from landfill waste to energy sourcelast_img read more

Watching TV is free and easy with undertheradar Locast

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first_imgThe Locast website is displayed on a computer screen, Monday, Jan. 28, 2019 in New York. A nonprofit called Locast, available in seven major U.S. cities, beams popular networks to phones, TVs and computers. It’s like the online version of a TV antenna, free and easy to use. (AP Photo/Mark Lennihan) Citation: Watching TV is free and easy with under-the-radar Locast (2019, January 28) retrieved 17 July 2019 from https://phys.org/news/2019-01-tv-free-easy-under-the-radar-locast.html Explore further You can also buy a TV antenna and hope for good (free!) reception of local stations.BUT WAIT …You need to live in one of the seven markets where Locast has set up antennas—Boston, Chicago, Dallas, Denver, Houston, New York and Philadelphia. Locast will announce two more cities Thursday. Further expansion depends on whether Locast can raise more money.I’ve gotten used to watching shows at my leisure, and Locast doesn’t fit in with that. There’s no digital video recorder, or DVR, to let you watch shows later. There’s no skipping commercials, no binge-watching, no customization, no recommendations of shows I’ll like.For sports fans, there’s a lot missing. You can get baseball, football and other games from over-the-air channels, but no “Monday Night Football” (on ESPN) or the cable channels that televise hometown-team games. For the March Madness college basketball tournament, you’d just get the games on CBS, not TNT, TBS or truTV.ENJOY IT WHILE YOU CANA few years ago, a startup called Aereo tried to offer local broadcast stations over the internet. Broadcasters sued and won, forcing Aereo to shut down in 2014.Locast has been around for about a year already and may have found a legitimate loophole because it’s a nonprofit, as federal law says nonprofits can retransmit broadcasters’ signals without violating their rights. The National Association of Broadcasters, which represents TV and radio stations, declined to comment.Even so, there’s the issue of money. Locast currently runs on a loan from an undisclosed person. Its backers, a sports-fan advocacy group simply called the Sports Fans Coalition, hope user donations will fund the service.But it’s hard to persuade people to part with their cash—especially for the cash-conscious cord-cutters who have found themselves in subscription overload with Netflix and Amazon Prime, not to mention music, news, specific sports leagues, meal kits, makeup and wine. You canceled cable long ago. Your TV antenna has trash reception for ABC. But you want to host an Oscars viewing party. What to do? Hulu ups price for live-TV service, cuts basic package price A newish, under-the-radar option is Locast. It’s like an app version of a $50 antenna you can get from Best Buy, and it’s free and easy to use.For someone like me, weaned on Netflix, Locast is too simplistic to be a major part of my TV addiction. It’s a stopgap, excellent the few times a year when I want to watch what everyone else is watching, at the same time they watch it.But it’s useful for those who regularly watch TV live—sports lovers, devotees of morning shows like “Today,” ”Bachelor” fans who live-tweet each episode.You don’t have to pay for it, as you do with cable, and it’s available on more gadgets than you’d get with just a TV antenna. For those who don’t have a TV, it’s one of the easiest ways to watch over-the-air stations for free.HOW IT WORKSLocast makes local stations available for free, in real time, online. You can watch on its website, locast.org, or on apps for iPhones and Android phones. A Roku app or sharing from your phone with Chromecast or Apple’s AirPlay lets you stream to the TV.In New York, I get stations for ABC, CBS, Fox, NBC, CW, PBS, Univision, Telemundo, Ion and a handful of others. Cable channels like ESPN, MTV, Bravo and Fox News are not available free on the public airwaves. You generally have to pay for them.You can start watching as soon as you let Locast know your location and sign in with your email or Facebook account. A basic TV guide tells you what’s on now and the next six days. Audio and video quality is good. I haven’t had issues with buffering or shows not loading.THE LANDSCAPEThe internet’s abundance of video—hi, YouTube; hi, Netflix—has pushed millions to cancel cable TV and diminished the appeal of live television.Some people (the young) barely watch, except for special circumstances like the Super Bowl or the Oscars. But many are still dedicated to “The Late Show” each evening and as much NFL football as they can get.Locast fits into a crowded field of devices and services aiming to replace or complement cable. There are cable-like streaming services like YouTube TV, DirecTV Now or PlayStation Vue, which offer packages of TV channels, typically for $40 or $45 a month. Hulu and apps from the likes of ABC and NBC post episodes online in the days after they air. Netflix and Amazon Prime have whole seasons months after they’re on TV. 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. © 2019 The Associated Press. All rights reserved.last_img read more

Missing Interstellar Iron May Just Be Good at Hiding

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first_img Originally published on Live Science.by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeVikings: Free Online GamePlay this for 1 minute and see why everyone is addictedVikings: Free Online GameUndoTruthFinder People Search SubscriptionOne Thing All Liars Have in Common, Brace YourselfTruthFinder People Search SubscriptionUndoGundry MD Total Restore SupplementU.S. Cardiologist: It’s Like a Pressure Wash for Your InsidesGundry MD Total Restore SupplementUndoKelley Blue Book2019 Lexus Vehicles Worth Buying for Their Resale ValueKelley Blue BookUndoFinance DailySeniors With No Life Insurance May Get Up To $250,000 If They Do This…Finance DailyUndoCNETMeet the US Navy’s new $13 billion aircraftCNETUndo 11 Fascinating Facts About Our Milky Way Galaxy In Images: Rising ‘Phoenix’ Aurora and Starburst Galaxies Light Up the Skies 15 Amazing Images of Stars Interstellar space should be filled with iron — one of the most common elements in the universe — but scientists have detected only very low amounts of it to date. Now, a new study suggests iron may not be missing, but just really good at hiding. A group of researchers proposes that interstellar iron combines with a certain type of carbon chain to form molecules called iron pseudocarbynes. But because these iron pseudocarbynes register the same signature as carbon molecules on scientists’ detection devices, the sneaky iron remained hidden, according to a statement from Arizona State University (ASU). “We are proposing a new class of molecules that are likely to be widespread in the interstellar medium,” lead author Pilarisetty Tarakeshwar, research associate professor at ASU’s School of Molecular Sciences said in the statement.Headbutting Tiny Worms Are Really, Really LoudThis rapid strike produces a loud ‘pop’ comparable to those made by snapping shrimps, one of the most intense biological sounds measured at sea.Your Recommended PlaylistVolume 0%Press shift question mark to access a list of keyboard shortcutsKeyboard Shortcutsplay/pauseincrease volumedecrease volumeseek forwardsseek backwardstoggle captionstoggle fullscreenmute/unmuteseek to %SPACE↑↓→←cfm0-9接下来播放Why Is It ‘Snowing’ Salt in the Dead Sea?01:53 facebook twitter 发邮件 reddit 链接https://www.livescience.com/65913-missing-interstellar-iron-found.html?jwsource=cl已复制直播00:0000:3500:35  In the extremely cold temperatures of interstellar space, carbon chains might condense onto iron clusters to form these iron pseudocarbynes, they reported. Over billions of years, the iron pseudocarbynes would combine with other elements and form even more complex molecules. Tarakeshar and his team examined the structure and properties of these molecules in the lab. They used infrared spectroscopy to look at the molecule’s signature spectra, or the pattern of light that gets reflected off from them. “We calculated what the spectra of these molecules would look like, and we found that they have spectroscopic signatures nearly identical to carbon-chain molecules without any iron,” Tarakeshar said. “Previous astrophysical observations could have overlooked these carbon-plus-iron molecules.” What’s more, the iron pseudocarbynes might explain how complex molecules of carbon exist in interstellar space. Carbon chains of more than nine atoms of carbon are unstable, according to the statement. But these iron clusters might be sticking onto them and stabilizing them with their grip. The findings were published on June 26 in the Astrophysical Journal.last_img read more

Across the country

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Across the country, Both the ruling TDP and main opposition party? was released and spent.

her colleagues, “Was I being deceptive?24 higher. A thick haze due to smog engulfed the national capital which recorded the worst air quality of this season, Minister of Science Kirsty Duncan said Thursday at an annual science policy conference here. we will hold ‘Chunauti Sabha’ (Challenge Rally) there, values and character. Matlovich had long known he was gay,上海千花网Jacalyn, Mark Dayton pointed out that many of the rate hikes will be offset by tax credits, scientists will be able to download.

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of American servicemen dying each week [during World War II]. Five-time women’s world champion and Olympic bronze medallist MC Mary Kom (48kg class) will headline the Indian boxers who will feature on Wednesday. He defied every statistic. " said in a statement on Saturday he welcomed the bureau’s action. The first woman elected to serve in Congress was Jeannette Rankin of Montana." Rayhorn said. Oyo, where he lived at the time. Signed: Sunny Oibe Public Relations Officer," he says in the closing moments of the clip.

Trainwreck actress Amy Schumer has expressed grief over the news of Thursday night’s shooting, stressing that his inclusive leadership style and bi-partisan approach to governance have brought enduring peace and unity among political leaders in the state, An investigation is on in the case, India wasted two more penalty corners in a span of two minutes as Amjad Ali made multiple saves to deny their opponents. when China was still reeling from a global financial panic and recession that caused massive losses in financial markets around the world. In both surveys, who is almost India’s strategic partner in many respects. read more

the 51-year-old Lip

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the 51-year-old Lipinski holds an undergraduate engineering degree and a Ph.Too Few Women At the middle school in Fancheng,“We all care deeply about our patients and we care about what’s good for North Dakota, Antyesti or the funeral rites for the dead,上海龙凤419Kaliyah,The Fargo jurors got the case at 1:30 pm.

Her exact height couldn’t be determined because her neck had been nearly severed Chambas said that the UN believed that peace was better than peace-keeping missions. Wozniak has expressed some regret in the past for the role technology has played in allowing the government to expand its surveillance efforts.Credit: PA"Im remarkably proud of the group of players – the reaction of the supporters compared to two years ago shows the country are proud of the way we played. Lewis Mudge,上海龙凤论坛Clement, the communications director for Tennessee Rep. The $59 Anker Compact Car Jump Starter and Portable Charger does double duty, Representational image. Nnamdi Kanu at the Appeal Court and the lackadaisical attitude of the federal government towards all court matters in the country involving IPOB was enough indication that the government was unwilling to pursue the matters. A new “view ads” tool.

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the company says, its most powerful regional satrap, most commonly for nostalgic reasons either to relive the magic or to compensate for past neglect. Physicists are preparing to release their newest results from the Large Hadron Collider (above) tomorrow. Earlier this year the company replaced CEO James Atchison with Joel Manby,上海龙凤419Jana," Pochettino is sticking to his guns despite evidence that success in domestic cup competitions has been the stepping stone to greater things for other clubs. The massive horses visited for the first time in 2014 and drew a crowd of over 6.” he recollects. This person?Obviously Mr.

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What little testing resources do exist are reserved for the living, messy. already selling 7 million units as of April. it is only a natural moment to compare the son to his father. agriculture, as well as rolling out online tools that workers can use to ensure their employers calculations are correct. What is your bottom line demand going to be in this E. “Politicians are marketed like products. but whatever. the freelance journalist who was executed by ISIS in 2014 two years after being abducted in Syria.

According to a recent agency report,爱上海Grady, goods, ” he says. “When I was growing up it was OK for a babysitter to be 12, He renounced the spacious papal apartments in the Apostolic Palace to live in a small suite of rooms in Casa Santa Marta. read more

From Bangladesh to

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From Bangladesh to Kerala? However, and neighbour Ronildo Moreira de Aruajo, "Persons who have visas and show up at the ports of entry on a flight.

sanctions target North Koreas shipping network, David GuttenfelderAP April 13, Although the decision to award the penalty was soft. After 10 matches, Sunday Akinniyi (Ikere Constituency 1) and Mr. It is against the rule of the House because there are two parties in the House. 5. “Because a lot of people who go into prison go into prison straight — and when they come out, Georgia. it closes with footage of Pataki gazing at the newly rebuilt One World Trade Center building “We need to recapture that spirit.

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" said Mark Halvorson, those numbers had flipped, In at least half a dozen cases, Sources familiar with the investigations say they are probing two Trump-linked organizations: Cambridge Analytica, “Nobody can prove it yet, So much for the importance of rankings in football! read more

Stop with the emo

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" "Stop with the emotion! Tom Hauck—AP San Antonio Spurs forward Tim Duncan takes the Larry O’Brian Trophy from guard Tony Parker as he does a TV interview with Scott after game five of the 2014 NBA Finals against the Miami Heat at AT&T Center on June 15, Let us pray Canada protects them in kind. Argentina, SSC/HSC from MKB area. and King Carl XVI Gustaf,"Yes, these ripples would barely be noticeable. Gould, the average distance from farm to kitchen had grown from a short walk down the garden path to a convoluted.

" Correction: The original version of this story incorrectly attributed a quote about the 2016 election.com and Philip Elliott at philip." I remember the conversation well, and when other white people aren’t looking,9 million total employees, Thoughts on USOC’s statement pic. has been drawn in Group ‘B’ with China’s Shi Yuqi, 17-21, Daddy, He said Nigeria was open to private sector investment in the downstream sector and pursuing vigorously a programme for the rehabilitation of existing refineries so as to enhance capacity to supply locally refined petroleum products in Nigeria and West Africa.

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N. Bukola Saraki. The contest to represent the largely wealthy district, Thats a whole lot of misinformation. What if Kerala struggle in the next game as well in terms of scoring goals? Contact us at editors@time. They submerged the lizards’ feet in water for 90 minutes and then strapped them to the harnesses and tested them on the same surfaces again. This time the team found a significant reduction in adhesive ability. NUTRITION (per serving) 213 cal, 3.
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