Settlement reached to secure land needed for Convention Center expansion

Settlement reached to secure land needed for Convention Center expansion

first_img Steve Bosh, Categories: Local San Diego News FacebookTwitter Updated: 6:09 PM Posted: June 11, 2018 June 11, 2018center_img 00:00 00:00 spaceplay / pause qunload | stop ffullscreenshift + ←→slower / faster ↑↓volume mmute ←→seek  . seek to previous 12… 6 seek to 10%, 20% … 60% XColor SettingsAaAaAaAaTextBackgroundOpacity SettingsTextOpaqueSemi-TransparentBackgroundSemi-TransparentOpaqueTransparentFont SettingsSize||TypeSerif MonospaceSerifSans Serif MonospaceSans SerifCasualCursiveSmallCapsResetSave SettingsSAN DIEGO (KUSI) — Last week, the mayor’s office finally confirmed, after repeated denials, what KUSI had reported four weeks earlier, that a settlement had been reached to secure the land needed for Convention Center expansion.The city could have purchased the land for $12.5 million in 2010 but backed out the deal, and its lease was transferred to 5th Avenue Landing company who proceeded with plans to build an 840 room hotel on the 5 acres of land needed for expansion.This became a contentious issue when the city let it be known it wanted to re-acquire the land, forcing 5th Avenue Landing to sue the city for interfering with its contract to build a hotel on the site.But relying on a court is dangerous so 5th Avenue Landing negotiated a settlement for $5 million up front, and the remainder if the voters approve the ballot measure to increase the hotel tax for expansion.“We wanted to reach an accommodation with the city, we felt this was important for the community and we reached that accommodation with the help of judge papas,” said Art Engle, a partner in 5th Avenue Landing.He said this settlement is not a money grab but a win, win.“If it passes then the city gets the benefit of the Convention Center expansion, the community develops, goes along fine with the deal, and if it doesn’t pass we’ve got an opportunity backed by the city and the port to go ahead and build this project,” Engle said.Mayor Faulconer is encouraged by the settlement saying it sends a message to the voters“I”m so encouraged because we have a lot of momentum now, and when you’ve seen when entities come together, individuals and others, that says we want to do the right thing for the region,” said Mayor Kevin Faulconer.The city and the Port District still have to approve the settlement, but in terms of revenue, the Port leans toward expansion.“The expansion will create by far more jobs and more economic impact,” said Rafael Castellanos, Chairman of the Port of San Diego.The mayor remains optimistic, and encouraged that the voters will approve the initiative.“As we move forward in the coming months San Diegans are going to come together, and support this because it’s so incredibly important for our economy, and the jobs and its not just for a few years this is going to be an economic engine for decades,” Mayor Faulconer said.The settlement was a hurdle but not the only one if the long-delayed expansion is to occur. The initiative could fail.“We have the 840 room hotel right now sitting in front of the port which would be, if not passed, it will be voted upon and we will go forward and build that project,” Engle said.There’s also a legal problem that introduces more complexity. Initiatives pass with a simply majority vote but increasing taxes on residents requires two-thirds.Proponents claim the hotel tax increase is paid by visitors, not residents.But San Diegan’s often stay in city hotels so residents would also pay the tax. Steve Bosh Settlement reached to secure land needed for Convention Center expansionlast_img read more

WILMINGTON REC REMINDERS Kids Dreamcatcher Class On August 14

WILMINGTON REC REMINDERS Kids Dreamcatcher Class On August 14

first_imgWILMINGTON, MA — Below is a recent reminder from the Wilmington Recreation Department:Signup for a fun afternoon of arts and crafts with our Dreamcatcher class on Wednesday, August 14, 2019. Open to kids entering grades 3-6.In some Native American cultures Dreamcatchers are handmade wall hangings placed where a person sleeps to ensure good dreams.When a person goes to sleep, the Dreamcatcher will attract all dreams. Bad dreams get trapped inside the web; good dreams pass through. In the morning light, bad dreams dissolve and disappear.In this class you will stencil a picture of a Dreamcatcher on wood using wood stain and paint. All supplies included.To register, visit https://www.wilmingtonma.gov/recreation, call 978-658-4270, or stop by Town Hall, Room 8. The Department is open Monday through Friday, 8:30am to 4:30pm.Like Wilmington Apple on Facebook. Follow Wilmington Apple on Twitter. Follow Wilmington Apple on Instagram. Subscribe to Wilmington Apple’s daily email newsletter HERE. Got a comment, question, photo, press release, or news tip? Email wilmingtonapple@gmail.com.Share this:TwitterFacebookLike this:Like Loading… Related5 Things To Do In Wilmington On Wednesday, August 14, 2019In “5 Things To Do Today”WILMINGTON REC REMINDERS: Registration Now Open For Upholstery Workshop This FallIn “Community”WILMINGTON REC REMINDERS: Spots Still Available In ‘Learn To Sail’ ProgramIn “Community”last_img read more

RMG workers clash with police in Mirpur

RMG workers clash with police in Mirpur

first_imgSeveral vehicles were vandalised during a clash between workers of a readymade garments factory and police in Mirpur-1 area in Dhaka on Monday morning.Witnesses said workers of Meridian Garments took to the streets demanding payment of wages after they found the factory closed. They also saw a notice that said the factory would remain closed till 9 August.The agitated workers then blocked the road in front of Kiangsi Chinese Restaurant in the area around 10:00am and vandalised a number of vehicles.On information, police rushed in and a clash ensued when they tried to disperse the workers.At least nine workers were sacked from the factory at the beginning of the month.The workers also heard rumours that the factory building was being shifted from the area.Mirpur model police station sub inspector (SI) Aklima Akhtar said the workers were heading towards the BGMEA office at Karwan Bazar to press home their demands.last_img read more

What Comes After Hard Drives

What Comes After Hard Drives

first_imgAn opened Samsung HD753LJ hard disk drive. Researchers predict that, in 2020, hard disk drives will likely be less expensive on a cost per terabyte basis than any of the competing technologies. Image credit: Christian Jansky. (PhysOrg.com) — The ability to store and retrieve data is an important component of today’s computers, as well as other modern electronic devices such as cell phones, video game consoles, and camcorders. Since their invention in the 1950s, magnetic-based hard disk drives (HDDs) have been the primary method of nonvolatile storage. However, researchers are currently developing several new and promising nonvolatile memory (NVM) technologies, but for one of them to replace HDDs within the next decade, it will be a challenge. According to a new study, if HDDs continue to progress at their current pace, then in 2020 a two-disk, 2.5-inch disk drive will be capable of storing more than 14 TB and will cost about $40 (today, a typical 500 GB hard drive costs about $100). Although flash memories have also become popular – with advantages such as lower power consumption, faster read access time, and better mechanical reliability than HDDs – the cost per GB for flash memories is nearly 10 times that of HDDs. In addition, flash memory technology will reach technical limits that will prevent its continued scaling before 2020, keeping them from replacing HDDs.In a study published in a recent issue of IEEE Transactions on Magnetics, Professor Mark Kryder and PhD student Chang Soo Kim of Carnegie Mellon University have investigated 13 up-and-coming NVM technologies to see whether one of them might outperform HDDs on a cost-per-TB basis in 2020. Their results showed that most technologies will probably not be competitive with HDDs or flash memories at that time, except for two potential candidates: phase change random access memory (PCRAM) and spin transfer torque random access memory (STTRAM).As Kryder and Kim explained, PCRAM is based on the phase change properties of chalcogenide glass. With the application of heat, the glass can switch between two different states (amorphous and crystalline) to be used as a memory. With their small cell size and ability to store multiple bits per cell, PCRAMs have the potential to offer high densities and be cost-competitive with HDDs, but their biggest drawback is that they require somewhat higher power than most other technologies. PCRAMs are already beginning to be marketed by Numonyx Inc., an Intel-ST Microelectronics joint venture, and so are closer to practical realization than STTRAM.STTRAM, which is similar to magnetic RAM, uses a spin polarized current to write data by reorienting the states of a magnetic tunnel junction between parallel and anti-parallel orientations. In their evaluation, Kryder and Kim found that STTRAMs appear to potentially offer superior power efficiency, among other advantages. If STTRAMs could be improved to store multiple bits per cell, the researchers predict that STTRAMs’ density could make them candidates for replacing flash memory and possibly HDDs. Citation: What Comes After Hard Drives? (2009, October 23) retrieved 18 August 2019 from https://phys.org/news/2009-10-hard_1.html Explore furthercenter_img “We were surprised to find that the study indicated that, even in 2020, hard drives were likely to be considerably less expensive on a cost per terabyte basis than any of the competing technologies,” Kryder told PhysOrg.com. “It was also somewhat surprising to find that the technical potential of a technology was not necessarily well-correlated with where the industry was investing the most dollars; rather, industrial firms are tending to invest where they have the most know-how. This is not necessarily the wisest decision, but is quite understandable.”The other NVM technologies that Kryder and Kim evaluated were ferroelectric RAM, magnetic RAM, carbon nanotube RAM, probe memory, holographic memory, copper bridge RAM, resistive RAM, racetrack memory, single electron memory, molecular memory, and polymer memory. Although these technologies offer potential, each of them still faces significant performance challenges over the next decade. Holographic memory, for example, offers high density and is inexpensive, but it currently only offers “write once, read many times” (WORM) functionality, and with its 50-year storage lifetime it may be better suited to the archival market. The researchers also pointed out the intriguing concept behind single electron memory, where information could be stored in something as small as a single electron, but they predicted that this technology likely won’t be practical until beyond 2020.Kryder, who has previously been CTO for Seagate Technology, the world’s largest hard drive maker, explained that he had been continually asked to review new technologies that were often touted as potentially replacing hard drives. “Feedback from industrial associates has indicated that having a structured set of criteria to evaluate technologies was very useful and that the study has helped them to prioritize the technologies that they look at,” he said. “This study allowed us to identify the most promising technologies on which to work, and we are now attempting develop multi-level cell STTRAM.”More information: Mark H. Kryder and Chang Soo Kim. “After Hard Drives – What Comes Next?” IEEE Transactions on Magnetics, Vol. 45, No. 10, October 2009.Copyright 2009 PhysOrg.com. All rights reserved. This material may not be published, broadcast, rewritten or redistributed in whole or part without the express written permission of PhysOrg.com. 16 Gb Samsung’s Flash Solid State Disk to Replace Hard Drives 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.last_img read more

Famous mathematician KC Nags 125th birthday to be celebrated in grand way

Famous mathematician KC Nags 125th birthday to be celebrated in grand way

first_imgKolkata: Whenever we talk of the subject Mathematics in our school days, we only tend to recollect the difficulties we faced while comprehending a sum about a monkey climbing up and slipping down a greased bamboo pole or water going in and coming outof a cistern.Perhaps, there is not a single person among us, who will be able to dissociate the Mathematics book by Keshab Chandra Nag, popularly known as KC Nag in our school days.The Mitra Institution in Bhowanipore, where KC Nag had been a teacher from 1924 to 1960, will be celebrating his 125th birth anniversary in a grand way as a tribute to him on Friday. A memorial book on KC Nag will be published, which will focus on the various aspects of his life. Also Read – Speeding Jaguar crashes into Merc, 2 B’deshi bystanders killedNag was born at Gurap in Hooghly, around 125 years ago, on the day of Rathyatra (July 10, 1893) and his books on Mathematics are still very popular among students from Class V to Class X.”By the end of this month, we will hold a memorial lecture on the great mathematician,” said Asit Baran Giri, the headmaster of Mitra Institution, Bhowanipore.Nag had passed the ISC examinations on 1914 with first division marks. He then graduated with Mathematics, Sanskrit and Arts and joined Krishnanath Collegiate School in Berhampore as a Mathematics teacher. Also Read – Naihati: 10 councillors return to TMC from BJPImpressed with his teachings, Sir Ashutosh Mukhopadhyay brought him to Kolkata and introduced him as a teacher of Mitra Institution.He became the headmaster of the school in 1956 and served the post till 1960.Noted personalities like Hemanta Mukhopadhyay, Subhas Mukherjee, Tarun Banerjee, Arjun Sengupta, Siddharta Shankar Ray to name a few were his students.Apart from his skills in Mathematics, he had a knack to serve the common people, which he had inherited from the then principal of Ramkrishna Math and Mission Vishuddhananda Maharaj, who he regarded as his guru. He was a disciple of Ma Sarada Devi. From 1925 to 1980, he wrote his diary named Ratna Bedi that contained many poems, songs, and jokes. He also took part in the Freedom Movement. He went to jail after participating in Mahatma Gandhi’s “Quit India” movement.The most interesting aspect associated with his life was his avid interest in sports – like cricket, football and tennis. He was a life member of Mohun Bagan club.His love for cricket also led to his bad helath. On February 1, 1985, he suffered a cerebral attack due to tension while watching a test match between India and England.He survived for two years after the attack but died on February 6, 1987.last_img read more

GJM to sever ties with BJP in 2019 polls

GJM to sever ties with BJP in 2019 polls

first_imgDarjeeling: The domino effect of the performance of BJP in the Assembly elections in the 5 states was felt kilometers away in the Darjeeling Hills in Bengal. Gorkha Janmukti Morcha (GJM), an ally of BJP, declared that the Gorkhas have been let down by the saffron camp and would sever ties with BJP in the 2019 Parliamentary elections.Incidentally, BJP had gained a political foothold in Bengal, riding piggyback on the Gorkhaland demand and winning the Darjeeling Parliamentary seat twice, backed by GJM. In the 2009 and 2014 Lok Sabha elections, BJP heavyweights Jaswant Singh and SS Ahluwalia had contested with backing by GJM from Darjeeling. During both the elections, BJP had published addendums in the election manifesto to sympathetically consider the demand of the Gorkhas. “They have let us down time and again. Recently, MP SS Ahluwalia, along with leaders of the Bimal Gurung faction, had assured that a Bill would be tabled in Parliament to include 11 Gorkha communities in the ST list in the winter session. There are 63 Government Bills to be tabled in the winter session, but no bill to include Gorkha communities in the ST list,” alleged Binay Tamang, GTA chairman and GJM president.last_img read more

How oiling makes a Difference to your hair

How oiling makes a Difference to your hair

first_imgFrom time immemorial, massaging the scalp with oil has proved to be immensely beneficial to the health of ones hair. Each oil brings it’s own set of properties and essential benefits and there is no particular preference that one should look at while choosing oils. Experts suggest few benefits of oiling and how one can make the process worth applying. Take a look:In summer, hair tends to get very frizzy, dry and lifeless due to exposure to direct sunlight. Excessive heat also damages the hair extensively. While castor oil is known to be extremely soothing to the scalp, it is advisable to include ingredients such as Brahmi and camphor to the oil while massaging the scalp to reap benefits from their cooling properties. Also Read – Add new books to your shelfHair becomes extremely brittle due to prolonged exposure to heat, sweat and chlorine due to time spent in the swimming pool. To prevent this damage, it’s advisable to use a combination of essential oils such as coconut oil, gingelly oil and castor oil along with aloe vera and white hibiscus leaves. The oils act as a sealant and seal the cuticles rendering one’s hair shiny and soft.The key benefit of the oils is the fatty acids present in them which replace the lost lipids in one’s hair. Lipid loss is a major factor in causing split ends. The key to healthy hair is the right way of using the oils. Unless the hair is extremely dense, it is advisable to use a few drops in your palm, rub them together and rake them through your hair. If the hair is coarser, you can increase the quantity slightly. There are differing reports on the duration for keeping the oil on the hair. Also Read – Over 2 hours screen time daily will make your kids impulsiveOiling your hair in summer creates a shield to protect your hair from Sun damage. Sun damage can result in over drying and dullness in hair texture. Oiling strengthens hair from the roots, making it stronger and avoids breakage. This works all year long.Coconut oil is very comfortable in summer since its lightweight. It nourishes your scalp and cleanses dirt and dead cells on the scalp easily on shampooing after oiling.Almond oil is also a good hair cleanser and keeps hair healthy and facilitates hair growth as it is rich in Vitamin E. Olive oil is also a great hair oil for summer because of its property of deep penetration. It seeps into the scalp and provides needed nourishment to hair & scalp from within.Coconut oil protects your hair against the Sun’s UV rays and avoids excessive dryness and burns.Sweat and excessive oil secretion during summers can lead to oily dandruff in summers leading to dry brittle hair that also breaks easily. Almond oil has Vitamin E and also works again scalp infections caused due to excessive sweating. It is excellent for treating dandruff.last_img read more

Rep Howell bill prohibits gun ordinances in violation of state law

Rep Howell bill prohibits gun ordinances in violation of state law

first_img Categories: Howell News State Rep. Gary Howell testified in support of his bill that penalizes local officials who knowingly enforce a gun ordinance in violation of state law.State Rep. Gary Howell (R – North Branch) testified on May 24th before the House Committee on Local Government in support of his bill that penalizes local officials who knowingly enact gun ordinances in violation of state law and the Constitution.“The Michigan Constitution, in Article 1, Section 6, provides that ‘every person has a right to keep and bear arms for the defense of themselves and the state’. This language is very clear and unequivocal, and accordingly, it is unacceptable for any local government to impede those rights,” Howell said. “My common-sense legislation will help protect and safeguard our important constitutional rights as well as the lives of people.”Rep. Howell further stated that “despite the fact that Michigan law has for decades prohibited local units of government from adopting firearms ordinances contrary to state statute, some cities, villages, and townships have continued to enact, maintain, or enforce such illegal ordinances. This places an unfair burden on gun owners who would have to defend themselves in court at their own expense in order to prove that any citations issued against them are invalid.”“If we don’t take steps now to address these infringements upon our constitutional rights, the gun-grabbers could go after our hunting rights next. Saying and doing nothing is to give tacit approval. I will not allow that to happen on my watch.”HB 4616 provides that municipalities will have 60 days after the effective date of this bill to repeal all remaining invalid ordinances. Any local unit of government which refuses or neglects to repeal such ordinances can then be sued by any of its taxpayers in circuit court. The court will be obligated to issue an injunction against further enforcement, order that such ordinances be repealed, and assess costs and attorney fees against the offending municipality. In addition, any local elected official who knowingly and willfully enacts or enforces such ordinances would be subject to fines up to $7,500.It is anticipated that the House Committee on Local Government will take further testimony on the Howell bill at a meeting scheduled for noon on Wednesday, June 7th in Lansing. The bill is supported by both the National Rifle Association and the Michigan State Police. 25May Rep. Howell bill prohibits gun ordinances in violation of state lawcenter_img ###last_img read more

Volumes are way up as well  In gold volume is ju

first_img Volumes are way up as well.  In gold, volume is just over 43,000 contracts, and silver’s volume is now at 14,000 contracts, which are almost the same as the volumes at this time of day on Monday.  The dollar index has spiked up a whole 9 basis points. It could be an interesting day during the New York trading session, so nothing will surprise me when I switch my computer on later this morning. That’s all I have for today, and I’ll see you here tomorrow. The gold stocks managed to keep their heads above water until the gold price began to sell off shortly after the 1:30 p.m. EDT Comex close, and the shares followed.  The HUI closed down 1.57%, virtually on its low of the day. It’s visible for all to see, unless they’re willfully blind, that is. The gold price opened flat in New York on Sunday night and then didn’t do much until 9 a.m. in Hong Kong when a not-for-profit seller took gold down about fifteen bucks in just a few second.  The price struggled back after that, but could never made it above the $1,330 spot price mark before getting sold down. Gold closed at $1,322.30 spot, down $3.30 from Friday’s close.  Gold’s net volume on the day was 144,000 contracts, with 35,000 of that coming before the London open, so you can see that trading was very active in the Far East on their Monday. The silver stock headed south even earlier than the gold stocks, and Nick Laird’s Intraday Silver Sentiment Index closed down 2.82%.  A lot of the silver miners did much worse than that.  The silver equities, like their golden brethren, have now given back all their gains from last Wednesday. The CME’s Daily Delivery Report for Monday showed that zero gold and 80 silver contracts were posted for delivery within the Comex-approved depositories on Wednesday.  There were seven short/issuers, with the biggest being ABN Amro with 47 contracts.  The three largest stoppers were Canada’s Bank of Nova Scotia with 32 contracts, followed by JPMorgan Chase with 28 contracts in its in-house [proprietary] trading account, and 14 in its client account.  The link to yesterday’s Issuers and Stoppers Report is here. There was another withdrawal from from GLD yesterday, as an authorized participant took out 19,309 troy ounces.  And as of 10:01 p.m. yesterday evening, there were no reported changes in SLV. Since yesterday was Monday, the U.S. Mint had a sales report.  They sold 3,000 ounces of gold eagles; 3,500 one-ounce 24K gold buffaloes; and 710,500 silver eagles. There wasn’t much in/out movement in gold within the Comex-approved depositories on Friday.  They reported receiving 5,353 troy ounces of the stuff, and shipped 385 troy ounces out the door.  The link to that activity is here. As usual, there was a lot more activity in silver.  They reported receiving 500,272 troy ounces, and 138,665 troy ounces were shipped off to parts unknown.  The link to that action is here. Since today is Tuesday, I have a few more stories than normal, so I hope you’re able to find the time to read the ones that interest you the most. I’m not a Fed-Head because whatever they do is not specific to silver and gold, but applies to asset values in general. I’m more interested in the things most specific to silver and gold. As is usually the case, what moved silver and gold violently this [past] week was not the Fed, in my opinion, but factors much more specific, namely, the illegal trading practices on the COMEX. In fact, it’s hard for me to comprehend how anyone paying close attention could fail to see the obvious explanation for the week’s volatility in silver and gold – JPMorgan and other collusive commercials rigging prices on the COMEX for their own benefit. – Silver analyst Ted Butler: 21 September 2013 Except for the 9 a.m. appearance of the high-frequency traders in Hong Kong, it was pretty quiet during the rest of the trading day both in Europe and in New York on Monday.  I also noted that all four precious metals got sold down for small loses during electronic trading after the Comex had closed for the day. Nothing will happen price-wise until JPMorgan and the raptors [the Commercial traders other than the Big 8] stop doing what they’re doing.  The gold and silver pundits out there can predict rallies until the cows come home, but until the above-mentioned players stop gaming the system, either for profit or on Fed/BIS orders, or both, nothing will come of it. These guys can step into the market any time they wish, and as you can tell from the price action since the low back at the end of June, that’s precisely what they’ve been doing, andand it’s visible for all to see, unless they’re willfully blind, that is. Today, at the 1:30 p.m. EDT close of Comex trading, is the cut-off for this Friday’s Commitment of Traders Report.  If the Tuesday trading session comes and goes with little price action [at least to the upside] then we should get a very clear picture of what happened on Wednesday and Friday of last week, the big up/down days following the Fed announcement. All four precious metals traded marginally higher during most of the Far East trading day on their Thursday, and silver managed to spike above $22 for a minute or so.  However, shortly before 2 p.m. Hong Kong time, all four came under high-frequency trading selling pressure, and now prices are back to around their Monday closes in New York.  Volumes were very decent in Far East trading, but not anywhere near as high as they were on Monday at this time, but still pretty chunky nonetheless.  The dollar index is chopping sideways, and is basically unchanged as of 3:42 a.m. EDT. And as I hit the send button on today’s column at 5:20 a.m. EDT, all four precious metals are still under pressure from the HFT crowd, with silver leading the way.  At the moment it’s down more than 60 cents from its high earlier in the day in Hong Kong. Silver ran into the same 9 a.m. Hong Kong seller as gold did, but by 10:30 a.m. in New York, the price had struggle back to slightly above unchanged from Friday’s close, but once electronic trading began, it got sold down for a small loss on the day. Silver finished the Monday session at $21.64 spot, down 16 cents from Friday.  Net volume was very decent at 46,500 contracts and, like gold, 15,000 of those contracts traded before the London open.  That’s a lot of contracts in both metals for that time of day.center_img Sponsor Advertisement The dollar index closed in New York on Friday at 80.44.  It hit its low of the Monday session [80.29] minutes after 2 p.m. in Hong Kong, and then chopped back to basically unchanged into the close, as it finished at 80.45.  Nothing to see here. Both platinum and palladium had mini spikes down at 9 a.m. Hong Kong time as well.  Platinum rallied back until just before the London open before getting quietly sold down for the rest of the day.  Palladium traded pretty flat until around 11:30 a.m. BST in London and then gold sold down a bit over ten bucks by 9:30 a.m. in New York.  From there it recovered but, like the other three precious metals, it wasn’t allowed to close in positive territory, either.  Here are the charts. See Dr. Ron Paul Up Close and Personal at the 2013 Casey Summit He’s never voted to raise taxes. He’s never taken a government-paid junket. And he’s never voted for an unbalanced budget. He’s Dr. Ron Paul, and he’s always led by example. During his 36 years in Congress, he tried to convince his colleagues to vote along with him against any measure that ran counter to the Constitution. Unfortunately, they seldom did. So now he’s taken his message to the streets… and to the 3 Days with Casey Summit which is being held October 4-6 in beautiful Tucson, Arizona. Dr. Paul will be the keynote speaker for this timely event—a rare opportunity for investors and freedom-lovers of all stripes to hear and see him live. Not only will he be speaking, he’ll be in attendance for the entire three days, giving attendees the chance to talk with him in small, intimate settings. That he’s staying for the entire Summit speaks volumes about how important it is. In fact, many of the Summit speakers intend to stay for the duration as well. On hand with Dr. Paul will be renowned contrarian investor Doug Casey, internationally known economist Dr. Lacy Hunt, The Crash Course author Chris Martenson, Mauldin Economics Chairman John Mauldin, and 21 other financial and investment experts. Seats are going fast for this event—and Casey Summits always sell out—so reserve yours now.last_img read more

Harder to Get Ahead We are not sure how up to da

first_img Harder to Get Ahead We are not sure how up to date the following figures are. But we doubt that they have changed much. From MarketWatch: Approximately 62% of Americans have no emergency savings for things such as a $1,000 emergency room visit or a $500 car repair, according to a new survey of 1,000 adults by personal finance website Bankrate.com. […] What’s more, only 39% of respondents reported having a “rainy day” fund adequate to cover three months of expenses, and only 48% of respondents said that they would completely cover a hypothetical emergency expense costing $400 without selling something or borrowing money. If you follow mainstream news media, you might believe that the “recovery continues on track.” Or that earnings are increasing. Or unemployment is falling. But keeping your eyes on these data points blinds you to what is really going on. People have always struggled to make ends meet. But as the money system changed…so did the typical family’s household finances: It got harder to get ahead. Yes, most people live better than they did in the 1970s. Technological and commercial progress has improved the quality of the things we live with. There are more choices in the supermarkets…in Walmart…and online. Today’s F-150 is better, in many ways, than the F-150 from 40 years ago. Houses are bigger and more comfortable. Air conditioning is more widespread. Communication channels and entertainment are better than ever. But though life is easier and more agreeable for most people, few people have more real money. They have more things. And more credit. But they are deeper in debt…more vulnerable to a downturn…and more dependent on the government and the credit industries. “Debt Makes Sense” Your editor recently took up the subject with a recruiting agency. “I place a lot of accountants and bookkeepers,” began the recruiter. “Naturally, their employers want a credit check. They want to know how you handle your finances. They also want to avoid people whose financial situation sends up flags. Desperate people are not ideal new hires for the accounting department. “The people we place earn $60,000 and up. Usually, husband and wife both work, and often they both have MBA or other advanced degrees, so you’re looking at some substantial incomes. The recruiter continued: “Usually, they have some student debt, auto debt, and mortgage debt. And they usually have a revolving line of credit, too. These are prudent, well-educated people we’re talking about. They use credit wisely, when they need to make a big-ticket purchase…or pay for private schooling. “What we look for is a clean report. No late payments. The level of debt doesn’t bother us. I mean, the banks wouldn’t lend if they thought there was a problem. “Besides, everybody uses debt now. It makes sense. With rates this low, it’s better to borrow than to use your own money. Debt is just a financial tool.” Is that all debt is? A handy tool? We don’t think so… More to come… Regards, Editor’s Note: Bankers are worried you have “too much cash.” Agora founder Bill Bonner recently had an eye-opening talk with local bankers. In today’s Weekend Edition, Bill tells us what happened when the bankers tried to persuade him borrow money… Bill originally wrote this essay on April 5, 2016, in Bill Bonner’s Diary. By Bill Bonner, editor, The Bill Bonner Letter In an extraordinary turn of events, last week we were contacted by our local bankers. Since we were turned down for a mortgage in 1982 (our business finances were thought to be “too shaky”), we have had little truck with them. We pay cash. They mind their own business. But for the first time we can recall, not just one but three suits came to visit. Personable and intelligent, they were worried when they saw how much cash we were keeping on hand. No kidding. They came to visit to propose ways we could “put it to use.” Too Much Cash? “You really should take some of that cash and invest it in municipal bonds” was the motion on the table. “What if the municipalities can’t pay?” we asked. “Don’t worry about that. Historically, the odds of default are extremely remote,” one of them answered. “But what if interest rates turn up? Wouldn’t the default rate go up?” “Well, maybe. But we keep the maturities short and invest only in the most creditworthy municipalities. The risk is very low.” “Oh…but what if we just need some cash.” “No problem. We’ll give you a line of credit.” “Let me get this straight. You’re proposing to put me into debt so that I can keep my money invested in somebody else’s debt?” “Uh…well…yes…and we’ll charge you less interest than you will earn from the municipal bonds.” “Wait. You can earn a fee for putting my money in bonds…and earn another fee for lending me money…and I still end up ahead?” “Yes. We just try to find ways to help clients with their financial needs.” “Oh.” Worse Off Little by little, day after day, year after year, we connect the dots. At first, it is difficult to make out what we’re looking at. But gradually, after much straining and guesswork, two things are becoming clearer and clearer…at least to us. First, nobody knows anything. Second, nobody has any real money. Yesterday, we mentioned our persistent puzzlement over the failure of the U.S. economy to make the typical working American richer after accounting for inflation. For all its conceits, swindles, booms, busts, hustles, patents, technologies, investments, PhDs, and central bank chicanery…there seems to be little to show for it. You can test that assertion easily. All wage and inflation numbers are a little fishy. So, let’s keep it simple. The basic transportation for a working man 40 years ago was the Ford F-150 pickup truck. In 1976, that truck, the SuperCab model, had a manufacturer’s suggested retail price (MSRP) of $4,600. That was when the average working stiff earned $9,300 a year. So, it took 25 weeks of work to pay for the truck. Today, the F-150 is still the preferred working man’s wheels. And today, it has a MSRP of $26,600—or 5.7 times as much. But the average person doesn’t earn 5.7 times as much. The median wage today is $43,600. So now, a prole earning the median wage has to work 30 weeks to pay for the truck. This man is not better off. He’s worse off. And he’s been made worse off by advanced American crony capitalism. And here are more dots…to be connected! What do we see…? Recommended Links Bill Bonner’s Private Meeting in Vancouver For years, Bill Bonner’s invested mostly in gold and real estate. But after a private meeting on a boat in Vancouver, he’s about to put seven-figures in an unexpected place. Details here. –center_img — Rare chance to share a scotch with Doug (only 100 tickets)… We’ve got 100 free tickets for the Sprott Natural Resource Symposium this year, and you have the chance to claim one… Your ticket also gives you access to a VIP scotch reception, where you can share a whiskey with Doug. Click here to learn more… Bill Editor’s Note: If you haven’t heard, Bill Bonner is committing $5 million to Chris Mayer’s astonishingly successful investment strategy. Chris is one of the best stock pickers in the business. His picks have beaten the market by more than 3-to-1 over the past decade. Bill and Chris recently held a free investment training event to explain the secrets of this strategy. You can learn all about Chris’s investment strategy and invest in the same companies Bill Bonner’s family trust is investing in. Click here to watch this free video now.last_img read more

first_img— What Teeka Discovered at a Private Bitcoin Meeting in New York Will Shock You Recommended Link After a private meeting with some of the wealthiest investors in the world, Teeka’s making a major new Bitcoin prediction for 2018. Details here. Another was that everybody and their dog was talking about them. Because it had gone up 1,000% in the last year, they expected a repeat performance. It’s always that way in financial markets. Look, the last time I saw anything quite this goofy was during the internet bubble. Dozens of failed mining companies in Vancouver were turning themselves into internet companies. It was happening weekly, almost daily. That was the bell ringing at the top of the market for the internet companies. It was also the bottom of the market for the mining companies. So, I’m frankly trying to liquidate at this point. I really only want to own gold, silver, and other commodities to preserve capital. And mining stocks, as speculations. And more cash than I’m accustomed to. But that only leads us to another problem. The dollar itself is a hot potato. Justin: What do you mean? Doug: Keeping dollars in banks is very dangerous. The whole world is like Cyprus a few years ago. You don’t actually own anything in a bank or broker anymore—your assets are the unsecured liability of an institution that’s likely bankrupt. This is especially true if you have more than $250,000 in any given account, which the FDIC insures. But it’s bankrupt too, with assets that cover like a half percent of their liabilities. The problem is systemic risk, and it’s worldwide. It’s like Joe Louis said: you can run but you can’t hide. The only place you can hide today is gold and silver. That, and cheap real estate, if you can find it. Justin: Yeah, gold is doing quite well. Its price is up 12% since July. What do you attribute this to? Is it because investors are taking shelter? Is it due to the weak dollar? Or is it simply because we’re in the early innings of a new commodity bull market? Doug: Well, I think all the indications are aligning at this point. It’s been a rough bear market. As a group, commodities are 50% below their 2011 highs. It’s been a deep bear market as well as a long bear market. As a result, commodities have never been cheaper relative to financial assets like stocks and bonds. It’s a great time to be in commodities. And gold is the foremost commodity. It’s historically been used as money. And it will continue to be used as money because none of these governments should, or do, trust each other. Or each other’s phony paper fiat currencies. There could be a buying panic in gold and it could go much higher. We’re in a new bull market for gold at this point, but nobody cares. Or even knows that’s true. The same is true for silver. Although, silver is primarily an industrial commodity. It’s the poor man’s gold for many reasons. Silicon Valley Rocket Scientist’s February 27th Prediction Could Lead to 35,000% Growth Jeff Brown is a real-life rocket scientist and one of the most tuned-in angel investors in Silicon Valley. Not only has Jeff been an executive for companies like Qualcomm and NXP Semiconductors, but he’s also completed 89 private deals. Right now, he’s predicting that a new biotech breakthrough could skyrocket this market niche 35,000%… All because of a little-known FDA anomaly happening around February 27. Click here to see him lay out his bold prediction in full detail.center_img — Recommended Link Justin’s note: Volatility has come storming back. Just look at the CBOE Volatility Index (VIX), which measures how volatile investors expect the market to be over the next 30 days. It’s up 89% since the start of the year. Last week, it hit the highest level since 2016. Investors aren’t used to this. After all, last year was the least volatile year ever for U.S. stocks. That lulled many investors to sleep. It led them to take risks they would normally never take. Now, those same people are wondering what to do. They aren’t sure if this is just a run-of-the-mill pullback…or the start of something much worse. To help answer this question, I called up Doug Casey. I knew he would have an interesting take on this matter… Justin: Doug, U.S. stocks took a beating recently. Where do you see things going from here? Doug: Well, I hate to make a firm prediction of timing. The fact that things have held together, against all odds, since 2009, has underlined the old saying about just because something is inevitable doesn’t mean it’s imminent. Predictions of disaster, and all these things unwinding, have been wrong over the last half a decade. And the smart bet is always for muddling through, in the direction of progress. But it seems that we’ve finally reached a peak, a major turning point. Justin: So, what have you done to protect your wealth? Doug: At the beginning of the year, I took all my original capital out of cryptos, plus 150% profits. I also took profits on crypto stocks. I got in late, and out a bit late. But it was a happy experience. They were bubbly. Every company that could possibly do so has gotten into this game. Now XYZ ice cream company is XYZ blockchain company. That was one tipoff. Justin: How much higher could gold head? Doug: Well, these things usually move in a hyperbolic curve. They start out slowly. Then, they accelerate. Same type of thing we saw with cryptocurrencies. I think gold will do the same, although not to the same extent. My prediction by the end of this year is that gold will hit $2,000. In 2019, $3,000. In 2020, $4,000. By the time this bull market peaks, gold could reach $10,000. But I hate to say things like that…because it sounds so outrageous. But look at the number of dollars in existence ($3.635 trillion in the M-1 money). Divide that by the 260 million ounces of gold the U.S. Government is supposed to own, and you get a gold price of $13,982/ounce. Look at the number of dollars that are outside the U.S.—$10 trillion, $20 trillion, who knows?—and that liability is growing by $50 billion annually with the balance of trade deficit. At $1,300 per ounce, the U.S. gold holdings can’t even cover a year’s deficit. And consider the fact that at some point those dollars will need to be redeemed by something if they’re going to retain any value. The price of gold—if gold is going to be fixed to the dollar again, at least for the purpose of trading with foreigners, with foreign governments—is going to have to be much higher than it is today. Of course, I don’t think the dollar should exist, nor should the U.S. government even be in the money business; it just confuses the issue. Money is a medium of exchange and a store of value—it shouldn’t also be a political football, and a means for the State to finance itself. Gold itself should be used as money. Remember that the dollar—like the franc, the pound, the mark, and what-have-you—were just names for a specific quantity of gold. So a six-to-one shot from here is not at all unreasonable over the next several years. And that would mean very good things for gold stocks. Justin: So, it’s safe to assume you’re buying gold stocks? Doug: Resource companies are essentially the only stocks that I’m buying right now. And that’s because nobody’s interested in them. They’re very cheap. Of course mining itself is a crappy business. You can’t invest in it, only speculate. But it’s a great speculation now. I probably do, on average, a private placement a week in mining stocks, which is quite a lot. The only thing I’m afraid of is having too many stocks. You can’t effectively monitor more than 15 or 20 stocks. And then you lose track of them. You can’t keep up. You forgot why you bought them. Unless I really like the stock and I’m planning on following it in particular, I sell the basic stock after the four-month hold period and keep the warrants in case I get lucky. Justin: What else are you buying right now? Doug: Well, I buy gold coins whenever the opportunity presents itself. I try to be disciplined about that. I just put them away and forget they exist. Unlike gold stocks, you can do that with gold coins. I think it’s wiser to buy small gold coins, of a quarter-ounce or less, as opposed to the one-ounce-size coins that are so popular today. Paying the premium is worth it. Incidentally, I also prefer to buy semi-numismatic coins, like British sovereigns, French Louis d’or, Danish crowns, and the like, as opposed to the currently minted ones. I treat gold, physical gold, as a savings medium, an insurance medium. To speculate, I buy small mining exploration issues. Because they’re so cheap. But if we have a 1929-style credit collapse, however, I’m sure most of them are going to get washed away. But the odds are much better that the dollar’s going to lose value at an increasing rate over the next few years. Because we have Keynesian academics at the helm of the financial world. People with no experience in the real world. They shouldn’t even be allowed to teach a freshman class in economics. Some of them should be, and quite possibly will be, hung by their heels from a lamppost when things come unglued. The world economy is going to wind up crashed on the rocks. It’s going to be very ugly. And soon. Justin’s note: Each month, Doug shares his unique insights in The Casey Report, our flagship publication. And beyond Doug’s timeless political and market commentary, you’ll get stock recommendations designed to help build your wealth—even in today’s uncertain market environment. To learn more about a subscription to The Casey Report, click here.last_img read more

Climate change vanishing ice and erratic rain pat

Climate change vanishing ice and erratic rain pat

first_imgClimate change, vanishing ice and erratic rain patterns are causing the wetlands in two Andean communities to shrink — and that’s a big problem for the communities of Miraflores and Canchayllo. The villagers depend on the puna, a set of alpine ecosystems above 13,000 feet that include grasslands and wetlands to graze sheep, cows, alpacas, llamas and vicuñas — animals that provide them with their livelihoods.Instead of looking for modern solutions to improve access to water, the villagers turned to an old one: centuries-old hydraulic systems that dot the Nor Yauyos Cochas Landscape Reserve, a state-protected natural area seven hours east of Lima. These ancient systems have been used to help irrigate the reserve’s pastures and provide nutrient-rich soil for hundreds of years.So in 2013, the communities teamed up with scientists from U.S. nonprofit The Mountain Institute (TMI) and reserve authorities to devise plans to revive their historic waterways, including canals, lakes and reservoirs. In addition to providing water, the project also would help mitigate the effects of climate change on the landscape, which has been degraded by grazing, melting glaciers and erratic rainfall.These efforts have earned the project international recognition, including an award in the Water Impact category in the Solution Search: Farming for Biodiversity contest in December 2017, organized by the International Climate Initiative. And this spring it won the St Andrews Prize for the Environment, sponsored by the University of St Andrews in Scotland and ConocoPhillips.Andean communities — often marginalized and impoverished — are struggling to adapt to climate change, says Bryan Mark, a glaciologist with Ohio State University. Since the 1970s, Peru has lost more than 40 percent of its ice surfaces, a critical water source for the capital city of Lima and the rest of the semi-arid coast. This loss caused the wetlands to shrink, leading herders to overgraze what pastures were left. Some villagers are diversifying their livelihood with activities in fields such as tourism, while others have moved to nearby towns and cities.The traditional practices that created and maintained the wetlands were disappearing, says Fernando Quiroz, the biologist in charge of the Nor Yauyos Cochas Landscape Reserve. “People have been here since pre-Incan times and they have always rotated grazing areas and organized traditional festivities to clean up ditches.” If the ditches are not cleaned regularly, they tend to clog.The ancient water systems the villagers wanted to revive once kept the wetlands verdant in the puna, an otherwise dry region sometimes described as an Andean tundra. When these systems functioned they created bofedales, prairies engineered by ancient Peruvians to retain meltwater and rainfall. In the Miraflores community, a pre-Hispanic reservoir lay empty and abandoned. Its sloped walls, made of big rocks, were still standing, but the channel that fed from it was damaged and almost invisible. In Canchayllo, ancient walls and canals draining from a natural lagoon stood dead and dry, abandoned.Enlisted by TMI, Álex Herrera, an archaeologist from the Universidad de los Andes in Bogotá, Colombia, explored the area using Google Earth in 2013. He confirmed the presence of ancestral water-management systems. The rock constructions he saw from above were at least 1,200 years old. To Herrera, the existence of wetlands created by the old irrigation systems suggested that water and sediments intentionally were harvested for herding. Herding requires grass, and water makes it grow. Sediment slows down water and makes soil humid longer, meaning better grass and more food for animals.The irrigation systems work by slowing the draining of rainfall and glacial meltwater high in the Andes, acting as a giant colander collecting clay, sandy silt and other soils that promote the growth of flora that alpacas and llamas like to eat, Herrera says.Restoring these hydraulic systems took two years — from 2013 to 2015 — and the participation of the community, the government and scientists from La Molina National Agrarian University. Funding and support came from local authorities, The Mountain Institute, the United Nations Development Programme and the German Ministry for the Environment through the U.N.’s Environment Programme. In some cases, restoration meant cleaning and rehabilitating abandoned wells and canals so they would collect rainfall. In others, the solution was a hybrid: installing PVC pipes alongside the ancient stone system that would carry rainwater to pasture lands.Earlier this year, one of the formerly abandoned canals reportedly carried almost six gallons of water per second during the dry season, which has reduced the impact of grazing livestock on the land and improved the quality of forage. Herders, previously forced to feed their animals in a dwindling ecosystem, now have larger areas available to rotate the grazing of their animals.Once the hydraulic system was restored in the village of Canchayllo and water was released in an area of 800 hectares, in 2016, the flow found its way through old veins naturally carved in the soil where water had once streamed, says anthropologist Jorge Recharte, director of TMI’s Andes program.”You have water filtration and water holes appearing in lower altitudes, not too far away,” Recharte says. “Wetlands reemerged in some areas and these are very important when your animals have offspring during the dry season, because the mothers will have green grass and water for their kin.” Rainfall moves slowly down the soil, grasslands retain more moisture and aquifers and springs in lower altitudes are replenished.Recharte says improved water access in communities such as Miraflores and Canchayllo has a wider impact: “Our hypothesis is that if the punas are well managed and rotated, water will be retained better and filtered better, and springs in lower altitudes will not dry up.”Experts concur that reviving this infrastructure requires maintenance work and effort, and hope that short-term results such as improved pastures will motivate villagers to continue doing so. In the case of abandoned or dry canals, Mark, the Ohio State glaciologist, thinks it’s worthwhile to consider interventions such as extending the canals to active springs or setting up new, smaller reservoirs to feed them.The Peruvian government has recognized the importance of irrigation for agricultural development, launching “Sierra Azul,” a fund of $123 million for projects that include, among other strategies, water harvesting and the revival of ancient hydraulic technologies. This public fund is good news for communities who already are working to improve water management strategies.Around 300 families, or about 1,200 people, in the Nor Yauyos Cocha Landscape Reserve have directly benefited, according to the Mountain Institute. Quiroz, the reserve biologist, hopes the message will reach beyond the Andes.”Sometimes city folk do not understand where they are getting their water and resources,” he said. The work to preserve these resources “is positive for everybody.” Elda L. Cantú is a reporter and a professor of international politics at ESAN University. She writes and reports for Radio Ambulante and has recently moved from Lima, Peru, to Mexico City, where she has joined the staff at the New York Times en Español. Copyright 2019 NPR. To see more, visit https://www.npr.org.last_img read more

A disabled employee of the Department for Work and

A disabled employee of the Department for Work and

first_imgA disabled employee of the Department for Work and Pensions (DWP) says he attempted to take his own life and experienced life-threatening physical health complications because of a culture of workplace bullying and discrimination.Paul* spokeout about his own experiences after reading a Disability News Service (DNS)report describing how DWPrepeatedly failed to make reasonableadjustments fordisabled people who were recruited into its Community Partners scheme.His accountof his own experiences working in a separate part of DWP adds to mountingevidence of disability discrimination within the department.Onlylast week,DNS reported how the proportion of DWP staff who say they have been victims ofdisability discrimination at work in the previous 12 months has risen by about50 per cent in just four years, according to Civil Service figures.There wasalso a rise of more than 10 per cent in just 12 months in the number of DWPstaff saying they had personally experienced disability discrimination at work,from 1,462 in 2017 to 1,612 in 2018.Thesestatistics, combined with other Civil Service figures, suggest that more than athird of disabled DWP staff experienced disability discrimination at work in2018.The latestevidence of discrimination within the government department responsible for themuch-criticised Disability Confident programme also further strains thescheme’s credibility.DWP itselfhas secured the status of Disability Confident Leader, the highest of threelevels within the scheme, which aims to work with employers to “challengeattitudes towards disability” and “ensure that disabled people have theopportunities to fulfil their potential and realise their aspirations”.Paul attemptedsuicide as a result of the abuse and discrimination he experienced, while theincreased stress levels led to significant, lasting and potentially fatal healthcomplications.He said hewas still waiting for all the reasonable adjustments he needed to do his job, morethan 18 months after he requested them.He said hehad received phone calls from fellow disabled employees who were in tearsbecause of the failure of the department to make the reasonable adjustmentsthey needed to do their job.Paul saidthat when he and others pass on concerns about the impact of bullying andharassment on their mental health, they are told to take anti-depressants orseek counselling, while the staff and managers responsible are moved to otherdepartments or rewarded with promotions.Hisexperiences with DWP have had, he said, “a devastating effect on my careerprospects, a devastating effect on my potential earnings, and a devastatingeffect on my potential life expectancy and ability to live on my own”.He added: “Infact, this has had a devastating effect on my life.”DWP’swidespread failings call into question its fitness to judge disabled people’seligibility for benefits, he added.A DWPspokesperson said: “We are absolutely committed to ensuring allcolleagues, including those with disabilities or health conditions, get thesupport they need to thrive. “The department has a duty of care to its colleagues andaims to lead by example as a Disability Confident employer, following bestpractice in recruiting, retaining and developing disabled staff. “This includes making workplace adjustments for staff whorequire them and providing a dedicated team to deliver this.“We have in place robust processes for colleagues andmanagers to follow in relation to diversity and inclusion and, while the numberof staff reporting disability discrimination is very small, we treat any caseextremely seriously.”She said DWP takes “active steps” to promote equality,and that more than 10,500 employers have signed up to Disability Confident,while the department was modernising its recruitment practices to make them “fairer and moreinclusive”. She added: “Shouldany individual feel they or their circumstances have not been treated withrespect; believe they have been treated unfairly; or not in line with ourinclusive principles, our policies and procedures provide a route forescalation so it can be considered and addressed.”*Not his real name. DNS has disguisedhis occupation within DWP and has not provided full details of the healthproblems caused by the discrimination he has experienced to avoid identifyinghimSamaritans can be contacted free, 24 hoursa day, 365 days a year, by calling 116 123 or emailing jo@samaritans.orgA note from the editor:Please consider making a voluntary financial contribution to support the work of DNS and allow it to continue producing independent, carefully-researched news stories that focus on the lives and rights of disabled people and their user-led organisations. Please do not contribute if you cannot afford to do so, and please note that DNS is not a charity. It is run and owned by disabled journalist John Pring and has been from its launch in April 2009. Thank you for anything you can do to support the work of DNS…last_img read more

Man dies in St Pauls Bay road accident

Man dies in St Pauls Bay road accident

first_img <a href=’http://revive.newsbook.com.mt/www/delivery/ck.php?n=ab2c8853&amp;cb={random}’ target=’_blank’><img src=’https://revive.newsbook.com.mt/www/delivery/avw.php?zoneid=97&amp;cb={random}&amp;n=ab2c8853&amp;ct0={clickurl_enc}’ border=’0′ alt=” /></a> SharePrint WhatsAppcenter_img CMRUCMRU A 31-year man from Safi lost his life following a road accident early on Saturday morning. The tragic accident happened just a few minutes into the day at around 00.15am in Triq Burmarrad, St. Paul’s Bay. Police sources confirmed to Newsbook.com.mt that the victim was driving a taxi crashed into with another taxi driven by a 59-year-old from Żejtun.The taxi driver from Żejtun was chauffeuring 4 young people from Scotland. The condition of all those involved other that the Safi driver is yet to be confirmed.Further details to follow.last_img read more

Marijuana Industry Braces for Shock of Trumps Trade War With China

first_img Image credit: Timothy Fadek | Getty Images Add to Queue Marijuana Industry Braces for Shock of Trump’s Trade War With China International Business –shares Next Article August 8, 2018 Virtually all the vaporizers sold in the US are made in China but the effect will be more far ranging that just vaporizers. Keep up with the latest trends and news in the cannabis industry with our free articles and videos, plus subscribe to the digital edition of Green Entrepreneur magazine. The Trump administration’s imposition of tariffs on China is expected to have a direct impact on several sectors of the marijuana industry — in particular, cannabis vaporizer companies.Others likely to be affected include:Cultivation operations that want to expand their greenhouse facilities.Growers that need to buy lighting equipment.Brands that purchase packaging from China.Businesses that buy materials made with Chinese-made steel and aluminum, such as extraction equipment.“If I was in the vape industry or the lighting industry or greenhouse industry, I would be pretty concerned that costs were going to go up as the result of a trade war,” said Kevin Hogan, president and co-founder of Oregrown, a vertically integrated cannabis company in Bend, Oregon.Here’s a review of the major factors developing around the issue for the cannabis industry.1. Businesses are anxious their costs could go up because of a trade war.On May 29, President Trump announced that by June 15 the Office of the United States Trade Representative (USTR) should announce 25% tariffs on approximately $50 billion worth of Chinese imports containing “industrially significant technologies.”Included on the second list of items under the increased tariffs is the harmonized tariff schedule code 8543.70.99.40, which relates to vapor product devices, batteries intended for use in vaping devices and pre-filled pods and cartridges.That HTS code was one of 284 on the second list to undergo further review in a public notice and comment process, including a hearing in front of the USTR.The public comment period on that ended Aug. 1. Now vaporizer companies are waiting to hear if the USTR will strip out any HTS code related to vaporizer devices before the tariffs go into effect.The White House also announced on Aug. 1 it may up its proposed tariffs to 25 percent from 10 percent on another $200 billion of Chinese imports.According to the import-export data tracking website Datamyne, the United States imported $42 million worth of vaporizers or vaporizer parts under the above HTS code from China in 2017 and $800,000 worth of similar products from Hong Kong. The next three closest markets accounted for less than $500,000 in imports combined.Hogan said vaping products are among the largest-growing segment in cannabis “by a country mile,” and Oregrown doesn’t sell any vaporizers that aren’t made in China. None of the vaporizer brands Hogan’s store carries has told him to increase prices. But it’s on his radar.On the construction side, Hogan said he’s also concerned about the potential future cost of steel for greenhouses. However, a greenhouse builder he contracts with “got ahead of the curve” and ordered its steel before the tariffs were imposed so he was “insulated from the increase in costs.”Related: Luxury ‘Bong’ Maker Faces Unique Trademark Infringement Dilemma2. Consumers likely will have to pay more for vape cartridges.In states such as Oregon, a lot of the outdoor-grown cannabis flower that is sold on the low end of the market is processed into oil and sold for vape cartridges, so the tariffs directly affect one of the largest segments of the state’s cannabis industry.“So many companies are struggling to survive on all levels of the supply chain that these tariffs are like throwing salt in the wound,” said Brad Blommer, a cannabis attorney in Portland, Oregon. “Ultimately, the consumers are going to have to pay more.”“It really is a trade war,” said Josh Church, chief regulatory and compliance officer for Joyetech Group, a major manufacturer of vaporizers for both e-cigarettes and the cannabis industry with headquarters in Changzhou, China. “The difference between us and other industries is that all of the vaporizer manufacturers are based in China. For the cannabis industry, there are very few (U.S.) domestic manufacturers of vaporizers.”One of the key drivers of the Trump administration’s trade policy is to bring back jobs that the United States has lost to markets in other countries. But making cannabis vaporizers isn’t a legacy industry for American workers in the same way that steel manufacturing is. There have never been large-scale vaporizer manufacturers or e-cigarette companies in the United States.“The issue is that we as an industry don’t even have the ability to manufacture stateside,” Church said.Related: 3 Challenges You’re Likely To Face Once You Open for Business3. Repercussions from tariffs may not be immediately apparent.Jan Verleur, CEO of Miami-based VMR Products, which owns cannabis vaporizer product line Prohibited, said his company imports container-sized goods from Shenzhen, China, every week and he hasn’t seen the impact of the tariffs yet. He doesn’t expect to see anything show up in his financials until this fall at the earliest.“But the profit margins in the cannabis space as an overall rule are still healthy,” Verleur said. “I don’t think this is a hit that’s going to collapse anyone’s business.”Jeremy Heidl is president of Denver-based Organa Brands International, which has a large-scale vaporizer brand in the cannabis industry. As of last week he hadn’t seen the impact of the tariffs, but he’s waiting for it. “We expected it about a month ago, when the announcement was made,” Heidl said.Organa Brands also imports equipment, packaging and other items from China. “(The tariffs) make U.S. equipment nearly the same price, so I guess it’s having the intended effect there,” he added.Heidl also said it’s not a guarantee that consumers will see the added cost of the tariffs passed down to them.“It’s pretty difficult to raise cannabis prices in the market right now,” he said. “It will likely be absorbed” by the cannabis companies.But Arnaud Dumas de Rauly — co-founder and co-CEO of New York-based The Blinc Group, a vapor and cannabis technologies incubator — pointed out that the margins aren’t that large on the hardware.“Adding 25 percent tariffs on top of that really makes it hard to not pass this on to the consumer,” he said.Dumas de Rauly testified in front of the USTR last week, arguing that increasing the cost of vaporizers in states like New York and Florida, which have medical marijuana markets that don’t allow for smokable flower, will drive more patients to the black market. In the future, Dumas de Rauly would like to see the marijuana industry pay closer attention to business-as-usual regulations that could have a significant impact on company owners.“As a nascent industry, we are sometimes narrow-minded and focus specifically on the cannabis regulations and forget the rest,” he said.Morgan Fox, media relations director for the National Cannabis Industry Association, said he hadn’t heard of any members complaining about the tariffs, and the trade group hasn’t developed a strategy on the issue.“It’s definitely something that’s under discussion,” he said.Bart Schaneman can be reached at barts@mjbizdaily.com Brought to you by Marijuana Business Daily 7 min read Free Green Entrepreneur App Bart Schaneman Download Our Free Android Applast_img read more

Need a Drink This Startup Will Deliver Booze On Demand

first_img If you find yourself functioning in the world of startups, in really any capacity, you’re probably about as sick and tired as I am with the litany of overused keywords and coined terms such as pivot, innovation and disruption — they’ve all but lost their luster and intended meanings. There are, however, some circumstances that really just rely on their specificity, making their use unavoidable.There is such a circumstance that exists in the newly expanded market of alcohol delivery, which is being pioneered by a number of tech startups that are making serious progress. One of those leading the race is a Los Angeles-based company called Saucey, which is said to be disrupting — yep, I said it — the retail liquor space based on the fact that it’s delivering alcohol on demand to consumers and doing it quite well. So liquor stores are pissed, right? Well, no, but there’s more to the story than you think.Related: Hold the Rocks: This Digital Stick Concept Chills Cocktails Without IceLet’s first take a look at Saucey and how it is that it came about. Unfortunately for me, I didn’t start the company. Fortunately for you, I know who did. Enter Chris Vaughn, the founder and CEO of Saucey, which launched in 2014 and has quickly gone from nothing to something.The legal beginningsWhen I first spoke with Chris, I was fascinated to learn about the surely long list of legal issues associated with starting a company that is dealing in a space as highly regulated as alcohol.“The key was to keep the transaction between the customer and the licensed retailer in order to remain legally compliant in the many states that do allow alcohol delivery,” he says. “The other major issue is in the physical delivery of the alcohol. Our delivery experts carry scanning software and card everyone regardless of how old they appear to be, or how many times they have ordered in the past. We go above and beyond to ensure that we’re compliant.”According to Chris, there are also legal issues that relate to the movement of the money, which even precludes the retailer from collecting at the point of delivery — if they decide to deliver the goods themselves — which in this case is solved by having the consumer pay the retailer directly via the mobile app.Blast off Being that Saucey’s model is built around connecting the alcohol-needing consumer with the alcohol-selling retailer, which is made surprisingly simple through the mobile app, the first step beyond solving the legal issues was to find an open-minded liquor retailer to start and test the process.“In the beginning, because this is such an new concept, speaking to some of the old-school liquor store owners was a challenge to explain the process and opportunity,” he says. “These well-established liquor stores had not seen any sort of change in the liquor industry since prohibition, so the opportunity was foreign.”Related: These Entrepreneurs Found a Way to Make Energy-Efficient VodkaThe company found a brave store in West Hollywood, got moving and now stores all over the country are lining up to participate. Not bad.The results A good business model is one that provides a substantial amount of value for all parties involved, which in this case includes the consumer, the retailer and Saucey. The consumer value is clear: They easily get the booze they’re in need of and it’s delivered in a timely fashion by friendly people. Saucey’s value is also clear: it generates revenue by managing the process, which starts with connecting the consumer to the retailer. The retailer value stands out just a bit further: they have the ability to generate upwards of $30,000 to $40,000 per month in additional revenue while expanding their customer base beyond their typical foot traffic with the use of Saucey’s technology and its dispatch and delivery service.The term disrupt, at least as pertains to business, is defined by Dictionary.com as “to radically change an industry, business strategy, etc., as by introducing a new product or service that creates a new market.”So, is on-demand alcohol delivery truly disruptive? At face value, no, because liquor stores already have the ability to deliver to their customers in the states that allow it. However, Saucey has created a considerably better and more efficient way for the retailer and their customers to interact, which results in an easier buying experience for the buyer and enhanced revenue for the seller.In my view, the disruption that does occur happens when only the best alcohol retailers make the exclusive list to serve Saucey consumers — due to limited capacity on their platform — and the rest wallow in the muck and mire of old school, in-person, sales stagnation.Now go be a responsible adult, avoid drinking and driving, and have your booze delivered.Related: This Startup Wants to Bring Personal Breathalyzers to the Masses 5 min read Next Article Adam Callinan Guest Writer Add to Queue Alcohol Entrepreneur and Venture Investor Need a Drink? This Startup Will Deliver Booze On Demand.center_img January 9, 2015 Image credit: Four Roses Bourbon Free Webinar | Sept 5: Tips and Tools for Making Progress Toward Important Goals Opinions expressed by Entrepreneur contributors are their own. Register Now » Attend this free webinar and learn how you can maximize efficiency while getting the most critical things done right. –shareslast_img read more

New Mavenlink Study Finds Business Competition and Customer Expectations Rising Significantly for

first_imgNew Mavenlink Study Finds Business, Competition, and Customer Expectations Rising Significantly for Services Firms PRNewswireMay 3, 2019, 2:16 pmMay 3, 2019 70% of Organizations Report Increased Competition in Last 12 Months; 85% Say Customer Expectations Are Becoming More StringentMavenlink, the leading provider of cloud-based software for the modern services organization, revealed results of its annual market survey, “State of the Services Economy 2019.” Survey results show that today’s professional services industry is not only more crowded than ever, but also that rising client expectations have created a cycle of disruption that has fundamentally changed how companies operate and succeed.Though the services industry is growing at an unprecedented pace, organizations must contend with a number of complications that hamper their ability to leverage this growth opportunity. Almost half of the survey’s respondents (46%) stated that it has become harder to operate a professional services business over the past 12 months.“Today’s business environment makes it especially difficult for professional and marketing services organizations to compete and grow profitably,” said Ray Grainger, founder and CEO, Mavenlink. “Fulfilling client needs is far more demanding, and operational efficiency expectations weigh heavily on the entire organization. This research highlights the most pressing challenges and greatest opportunities facing services organizations today.”Marketing Technology News: Price f(x) Introduces Innovative Plug-and-Play CRM Integration and Enhanced Features to CPQ SolutionInternal and External Pressure for Growth Even Amid GrowthThough almost two-thirds (64%) of companies reported that their business is growing, it is clear that sustaining and even improving upon that growth is top of mind for the coming year. When asked about business priorities for 2019, companies listed the following goals, highlighting how growth is a priority:Win New Clients – 35%Improve Profitability of Work – 33%Growth Among Existing Clients – 32%Expansion into New Markets – 28%Not only are internal stakeholders demanding growth, but external factors are exerting additional pressure on organizations. Increasing client expectations and the need to provide more types of services have created a more competitive environment.Nearly three-quarters (70%) of companies reported that they have experienced an increase in competition over the last 12 months.Based on the proportion of respondents that highlighted a given demand, organizations feel customers want high-quality work (47%), in less time (51%), and for a lower cost (47%).Unfortunately, operational challenges are becoming an obstacle to growing and gaining competitive edge.Marketing Technology News: Enterprise Bank & Trust Partners with Bounteous and Acquia to Launch Brand New Marketing and Technology ExperienceRoughly One-Third of All Projects FailToday, roughly a third of all projects fail, going over budget (31.2%) or past original end dates (29.7%). Businesses are facing new challenges to managing a widening variety of tasks in an increasingly competitive market. Half of surveyed companies have had to turn down work in the last 12 months, and 67% said this was due to not having an appropriate amount of resources. In an attempt to limit project failures, companies are turning their attention to the following areas:Managing unplanned project changesForecasting staffing needsGaining visibility into resources across multiple projectsDistributed Teams, Technology Pose Additional ChallengesTo grow and nurture their pool of resources, 55% of organizations say they will experience an increase in remote work in the year to come. Organizations are marrying this evolving workforce paradigm with new technology tools. Despite the continued advancement of technology, services businesses still find data siloing and an inability to access information are some of the greatest challenges standing between them and effective collaboration.While nearly all (99%) companies said collaboration is important or critical to getting work done, only 48% rate their organization’s ability to collaborate as excellentHowever, despite the influx of new collaboration technologies, 29% feel they have too many collaboration toolsCompanies must rise to meet growing client expectations in an increasingly competitive market for their services. The result is that more businesses than ever, regardless of size, are attempting to leverage a variety of strategies to move faster, broaden their range of services, and strengthen their margins.Marketing Technology News: PushSend Launches All-in-One Marketing Platform That Brings Enterprise Capabilities to SMBs cloud-based softwareMarketing TechnologyMavenlinkNewsRay GraingerServices FirmsTechnology Previous ArticlePicMonkey Adds Pearl Chan and Judith McGarry to Executive TeamNext ArticleGenesys Calls All Customer Experience Professionals to Denver June 10 to 13 to New Signature Event, Xperience19last_img read more

Fluent Inc Announces Signing of Definitive Agreement to Acquire AdParlor

first_imgThe acquisition will expand Fluent’s Managed Media Buying, Creative Services, and Campaign Execution PlatformFluent, Inc., a leading data-driven performance marketing company announced the signing of a definitive agreement to acquire substantially all of the assets of AdParlor Holdings, Inc. and certain of its subsidiaries (collectively, “AdParlor”), a digital advertising solution for social media buying.“I am thrilled to welcome Evan Conway and the AdParlor team,” said Ryan Schulke, CEO of Fluent. “The combination of their high-touch approach to managing digital strategies with tech-enabled media buying and our scalable, first-party, self-declared data asset creates a unique value proposition for performance-focused and growth-minded brands.”Marketing Technology News: AUDIENCEX Continues Momentum with 300% Revenue Growth and Strategic Leadership AppointmentsWith the addition of AdParlor, Fluent will expand its performance-based marketing capabilities into the broader digital ecosystem. AdParlor’s expertise in developing social media strategy, planning, and buying will enable Fluent to extend its reach into alternative digital channels beyond its portfolio of websites. AdParlor also provides additional client service experience and product capabilities, as well as personalized creative design and testing across channels, to drive actionable insights.Marketing Technology News: CreatorIQ Announces $12 Million Series B Funding Round By TVC Capital, Affinity Group, And Unilever Ventures For Its Enterprise Creator Cloud“We have worked hard to build a team and a company that specializes in delivering performance for our customers on social networks, and we are excited to be joining the Fluent family,” said Evan Conway, CEO of AdParlor. “Our customer-focused approach will be enhanced by leveraging Fluent’s proprietary technology and resources, allowing us to provide more value across social channels, and leverage greater personalization and measurement capabilities.”Fluent and AdParlor, together, create a new approach to blending media buying with tailored program design and execution, resulting in measurable outcomes for their clients.Marketing Technology News: Databricks Accelerates APJ Expansion Following $250 Million Funding Round AdParlorFluentMarketing TechnologyNewsRyan Schulke Previous ArticleKentico Reaches 15 Years of Age – with the Next Five Due to Achieve the Biggest Milestones in the Brands’ HistoryNext ArticleWoodbridge International Closes Xpressdocs-Amazingmail Deal Fluent, Inc. Announces Signing of Definitive Agreement to Acquire AdParlor Globe NewswireJune 20, 2019, 4:20 pmJune 20, 2019 last_img read more

Tumorfighting protein also promotes cancer growth shows study

first_imgReviewed by James Ives, M.Psych. (Editor)Feb 1 2019Search for a description of “p53” and it becomes clear that this human protein is widely known for its cancer-fighting benefits, leading to its renown as “the guardian of the genome.”Scientists at the University of California San Diego have published a new study challenging that description.Studying the “wild type” version of p53 (WTp53), the form that exists broadly in nature, Jinchul Kim, Lili Yu, Xuemei Fu, Yang Xu and their colleagues found evidence that in certain cases, WTp53 instead plays a role in promoting tumors, rather than suppressing them. This finding explains an established paradox that, whereas p53 is mutated in more than 50 percent of all human cancers, it is not frequently mutated in certain human cancers, such as liver cancer.Related StoriesMother calls for protein shake regulation after daughter diesHow cell-free DNA can be targeted to prevent spread of tumorsCancer killing capability of lesser-known immune cells identifiedIn the January 31 issue of Cancer Cell, the scientists describe the culmination of more than four years of research on liver cancer that shows that WTp53 stimulates tumor growth by enhancing cancer metabolism. The key, according to the researchers, is a protein known as PUMA (the acronym for “p53 upregulated modulator of apoptosis”), which works inside mitochondria, the energy hub of cells. The researchers found that, at appropriate levels, PUMA disrupts normal function of mitochondria and causes a switch from oxidative phosphorylation, a process for efficient energy production in cells, to glycolysis, an alternative energy path that helps boost cancer metabolism.”The widely accepted idea is that p53 suppresses cancer, but in our study we would argue against that,” said Xu, a professor in the Division of Biological Sciences’ Section of Molecular Biology. “In some cancers it would have the opposite effect by promoting cancer.”Xu indicates that p53 indeed halts the initiation of tumors by reducing the oxidative phosphorylation that produces genome toxins. However, once tumors are established, p53 may function to enhance tumor progression.”It’s actually the same function but playing exactly the opposite role in two different contexts,” said Xu of the research findings, which were based on a mix of data from cell samples, mouse models and human patients.Xu says the research provides a warning for cancer drug discovery. Drug therapies designed to enhance p53’s function in cancer patients may be inadvertently causing an opposite effect.”This role of WTp53 can resolve several long-lasting paradoxes in p53 biology and will be instrumental in the development of cancer therapy, especially in the context of the highly pursued strategies to eliminate human cancer by either activating WTp53 or restoring WTp53 function to p53 mutants in cancers,” the authors note in the paper. Source:https://ucsdnews.ucsd.edu/pressrelease/opposite_effect_protein_widely_known_to_fight_tumors_also_boosts_cancer_growth?_ga=2.198031343.1772436139.1548916678-1199759986.1548916678last_img read more