Transfers ‘Mourinho risks custard pie with Alexis gamble’ – Merson sounds Man Utd transfer warning Chris Burton Last updated 1 year ago 23:19 1/13/18 FacebookTwitterRedditcopy Comments(0) Getty Transfers Manchester United Arsenal Manchester City Premier League A. Sánchez José Mourinho The Red Devils have joined arch-rivals City in pursuit of the Arsenal forward, with a big risk being taken as they seek to pull off a remarkable coup Manchester United’s “gamble” on Alexis Sanchez surprises Paul Merson, who feels Jose Mourinho is risking a “custard pie” if the player ends up at arch-rivals Manchester City.Those at the Etihad Stadium have made most of the running in a protracted pursuit of the Arsenal forward, with Goal revealing on Friday that they still head the queue.United, though, have made a late bid to pip their neighbours to the post, sparking a scramble for a much sought-after signature. Article continues below Editors’ Picks Lyon treble & England heartbreak: The full story behind Lucy Bronze’s dramatic 2019 Liverpool v Man City is now the league’s biggest rivalry and the bitterness is growing Megan Rapinoe: Born & brilliant in the U.S.A. A Liverpool legend in the making: Behind Virgil van Dijk’s remarkable rise to world’s best player Merson understands why the Red Devils have joined the chase, but feels failure to secure Sanchez could end up doing serious damage to the reputation of both the club and their manager.The former Arsenal forward told Sky Sports: “It’s a big gamble what Jose’s done with Alexis Sanchez, by going ‘I want Sanchez’.“Because if Sanchez chooses to go to Man City, that’s a real custard pie to Man United. “He surely wouldn’t just say it for the sake of saying it, there’s got to be something going on.“Man United, there’s no about it, are still the biggest football club by a million miles. “But that would be a custard pie if Mourinho goes ’I want Sanchez’ and he goes ‘no, I’m going to go to Man City’.”Sanchez hit the 30-goal mark for the first time in his career last season, with those efforts helping to underline his value to any given cause.He has managed just eight strikes in 22 outings this season, but the uncertainty surrounding his future has provided an unwelcome distraction while he has also been shifted back to a more familiar wide attacking role following the arrival at Emirates Stadium of Alexandre Lacazette.
About the authorPaul VegasShare the loveHave your say Liverpool fullback Robertson quits Twitter after Napoli backlashby Paul Vegasa month agoSend to a friendShare the loveLiverpool left-back Andrew Robertson may have deactivated his Twitter account.The decision could be connected to the Reds’ 2-0 defeat at Napoli on Tuesday.The Scot gave away a late penalty when he was adjudged to have fouled Jose Callejon in the box, with Dries Mertens slotting home from the spot.Fernando Llorente then nipped in ahead of Robertson to seal victory for the home side in stoppage time.Reds boss Jurgen Klopp hit out at the decision to award the the penalty – and the failure to overturn it through VAR – after the game, although former Premier League referee Mark Clattenburg has claimed it was the right decision.The Mirror reports a search for his Twitter account ‘@andrewrobertso5’ shows up no results, although his Instagram account is still online at the time of writing.
Having a conversation with John Bentley Mays, who died suddenly while on a walk with friends in High Park in Toronto last Friday, could be a disorienting experience. First of all, his bald head was unusually large and bulbous, as though made to be chiseled from marble, and his eyes, gazing out from behind glasses with thick black rims, had a fixed, unblinking attentiveness that rarely betrayed where his singular mind was roaming.But despite his seemingly imperious—if not impenetrable—presence, his voice was disarmingly gentle and had a distinctive drawl. Though by the end he had spent more than half his life in Toronto, a city he loved and explored deeply, Bentley Mays never lost the quality of being a southern gentlemen, an enduring trace of a complicated childhood on a crumbling cotton plantation in America’s deep south. “When I first read Faulkner,” he once told me, “I really thought I was reading about my childhood.” LEAVE A REPLY Cancel replyLog in to leave a comment Login/Register With: Advertisement Twitter Facebook Advertisement
Advertisement Login/Register With: LEAVE A REPLY Cancel replyLog in to leave a comment TORONTO, ON–(Marketwired – May 11, 2017) – Flow has joined forces with FreshKut Productions Inc. as a telecommunications sponsor for the inaugural staging of Canada’s YOWronto Music Festival, as the Company and organizers seek to forge stronger ties between Canada and the Caribbean.With a strong Caribbean Diaspora population in Toronto (and throughout Canada), the YOWronto Music Festival provides Flow with the perfect opportunity to connect with Caribbean people living abroad. The Company is using its mobile top-up platform http://www.topupflow.com/topup/order as the main technology connector for the festival. The platform enables Caribbean people living abroad to send mobile credit back home quickly and conveniently, to ensure they are always connected.Karl Haughton, a Director of FreshKut Productions, Inc. said, “I am really excited that Flow has agreed to come on board as a sponsor. It is a testament to the company’s commitment to support Caribbean people, culture and content and the YOWronto Music Festival provides such a great opportunity for that.” Advertisement Advertisement The YOWronto Music Festival features international and Caribbean recording artistes including Alison Hinds, Baby Cham, Romain Virgo, Lieutenant Stitchie, Eric Donaldson, Professor Nuts and Tessanne Chin. An exciting line up of Canadian artistes including Michie Mee, Jay Harmony, Carlos Morgan, Blessed, Kim Davis, Ammoye Evans, and Jimmy Reid will also perform.“We’re excited by this opportunity to support this unique festival that celebrates Caribbean culture in Canada,” said James McElvanna, VP Products at Cable & Wireless, operator of Flow. “The festival gives us an opportunity to showcase our convenient top-up platform developed especially for the diaspora to help keep them connected with friends and family in the region.” McElvanna says the online top-up platform is easy to use; people living Toronto, for example, simply need to go to the website, add the local Flow phone number of a friend or relative and send credit to them to stay connected.The YOWronto Music Festival is a musical extravaganza geared towards Caribbean people living in Toronto, and this year’s event is intended to coincide with the celebration of Canada’s 150th year of Confederation. This Festival will be held at Woodbine Mall on Saturday July 1, and Sunday, July 2, 2017, and will boast a variety of activities for all ages. The Festival will commence at 11:00 am and end at 11:00 pm on both days.About C&W CommunicationsC&W is a full service communications and entertainment provider and delivers market-leading video, broadband, telephony and mobile services to consumers in 18 countries. Through its business division, C&W provides data center hosting, domestic and international managed network services, and customized IT service solutions, utilizing cloud technology to serve business and government customers.C&W also operates a state-of-the-art submarine fiber network — the most extensive in the region.Learn more at www.cwc.com, or follow C&W on LinkedIn, Facebook or Twitter.About Liberty GlobalLiberty Global is the world’s largest international TV and broadband company, with operations in more than 30 countries across Europe, Latin America and the Caribbean. We invest in the infrastructure that empowers our customers to make the most of the digital revolution. Our scale and commitment to innovation enable us to develop market-leading products delivered through next-generation networks that connect our 25 million customers who subscribe to over 50 million television, broadband internet and telephony services. We also serve over 10 million mobile subscribers and offer WiFi service across 6 million access points.The Liberty Global Group operates in 11 European countries under the consumer brands Virgin Media, Unitymedia, Telenet and UPC. The Liberty Global Group also owns 50% of VodafoneZiggo, a Dutch joint venture, which has 4 million customers, 10 million fixed-line subscribers and 5 million mobile subscribers. The LiLAC Group operates in over 20 countries in Latin America and the Caribbean under the consumer brands VTR, Flow, Liberty, Más Móvil and BTC. In addition, the LiLAC Group operates a sub-sea fiber network throughout the region in over 30 markets.For more information, please visit www.libertyglobal.com Facebook Twitter
Jalpaiguri/Falakata (WB): Trinamool Congress supremo Mamata Banerjee on Sunday accused Prime Minister Narendra Modi of using government machinery and institutions to intimidate the opposition, questioning the removal of Andhra Pradesh chief secretary by the Election Commission. She wondered why PM Modi is not removing his own cabinet secretary or the Union home secretary, if he was so “fond of making last-minute changes”. “Why is the Centre intervening in state matters? Why was Andhra Pradesh chief secretary removed?” Banerjee, who has accused the Election Commission (EC) of working at the behest of the BJP, asked, addressing an election rally. Also Read – India gets first tranche of Swiss bank a/c details “Why don’t you (Modi) remove your own cabinet secretary?” the CM said, claiming that she has worked with several prime ministers, but has never seen anyone as “vindictive” like Modi. The EC on Friday removed Andhra Pradesh Chief Secretary Anil Chandra Punetha from the post and appointed senior-most IAS officer L V Subrahmanyam in his place. “You have raided the family of Kamal Nath, Karnataka chief minister has been raided, Andhra Pradesh chief minister has also been raided,” she said. Also Read – Tourists to be allowed in J&K from Thursday Banerjee accused the BJP-led Central government of using the income tax department and the CBI for raids and getting the institutions to do their bidding. Reacting to the poll panel’s move of removing four IPS officers in West Bengal, including Kolkata and Bidhanagar police commissioners, the West Bengal chief minister Saturday wrote a letter, protesting its decision. The letter said the removals were “unfortunate, highly arbitrary, motivated and biased” and taken at the behest of the BJP, and urged the poll panel to review its decision. Retorting to PM’s claim that the TMC chief was scared of him, Banerjee said it was actually Modi who was afraid of her, and not the other way round. “The more you try to intimidate me, the more will I roar,” she said, addressing two back-to-back rallies, a couple of hours after Modi’s speech at Cooch Behar. “Didi is not a person to be afraid of anything or anybody,” the feisty TMC supremo, who almost single-handedly brought down the CPI(M)-led Left Front in West Bengal, ending its 34-year rule, asserted. Without naming former political associate Mukul Roy, whom she addressed as a “traitor” for quitting her party to join the BJP, she accused Modi of sharing the dias at his public meeting in Cooch Behar with a person (Roy) accused in the Saradha and Narada cases. “You (Modi) have said in Cooch Behar that you will seek answers for Saradha-Narada scams… It’s your leader (Roy) who is accused in these and not the Trinamool,” she said. “Saradha scam happened during the CPI(M) rule, but you have made accusations against us (TMC) in 2014, 2016 and now again. Have you (Modi) been able to clean the Ganga at Varanasi, that you are looking at Bengal?” Banerjee asked, suggesting that BJP should try to save its citadel in Delhi. Asserting that she is not perturbed at the removal of officers in the state, she said those who are afraid of losing elections indulge in such acts. “The more they change our officers, the more we will win,” she said. Terming Modi as a “nakal chowkidar” (fake watchman), she said “chowkidar jhuta jai, chowkidar lootera hai (watchman is liar, he is a thief)”. On the Pulwama attack, the chief minister said the BJP is trying to politicise their martyrdom. She also dared the saffron party to implement the National Register of Citizens (NRC) in West Bengal, asserting it will never be allowed in the state. Claiming that North Bengal was neglected before the TMC came to power, she said the BJP comes like a cuckoo bird in the spring only during the elections. “We are there with the people 365 days a year,” Banerjee said, adding she visits North Bengal every month. Accusing the BJP of engineering unrest in Darjeeling, where violent protests had jeopardised normal life, she said that those who created a rift between the people of the hills and the plains are now candidates of the saffron party. The chief minister said that before her party was voted to power in the state, 400 hundred people used to get killed in the Maoist-affected ‘Jangalmahal’ every year. “When peace prevails in the state, Modi and the BJP are trying to ignite unrest again. Where was Modi when Jangalmahal and Darjeeling were burning?” Banerjee asked, reiterating her recent jab – “Expiry Babu” – at him. Banerjee said that the PM has not given anything to Bengal. “Even the change of the state’s name has not been sanctioned by the Centre.” “We have given rice to the poor people of the state for Rs two per kg, while the Modi government’s actions caused job loss of two crore people in the country,” she alleged. She also accused the PM of allowing people who looted people’s money to flee the country. Banerjee said that the BJP government at the Centre had promised reopening of closed tea gardens in North Bengal, but has failed to do so, while she got a tea garden with 1,200 workers to start functioning again on Sunday.
The normally resolute Urban Meyer paused, carefully considering the ramifications of the next few words to come out of his mouth. His Buckeyes had just dispatched their most hated rival, Michigan, 26-21 in Meyer’s first taste of The Game to complete an undefeated season. No ties, no losses, the Buckeyes record stood at 12-0, but now the coach, staff and players were forced to face what they had been putting off all year. Due to NCAA sanctions dating back to infractions committed under former coach Jim Tressel’s tenure, there would be no postseason for Meyer’s Buckeyes. No conference championship game – the Big Ten Leaders Division would send a 7-5 Wisconsin team in OSU’s place – no BCS bowl bid and certainly no national championship game. The question that had been asked all year could no longer be sidestepped with “We’re just focusing on the next game,” or “We’ll worry about that at the end of the year.” No, the time had finally come for an answer, and even then Meyer didn’t seem completely sure how to phrase his response. If OSU is the last unbeaten team at the end of this season, should Ohio State be No. 1 in the Associated Press Poll? “Just trying to picture the headline here,” Meyer said after his long pause. “You know, I don’t know enough to – I think we’re at this point – like I said, the quote I’d like out there is I think this team could play and compete with any team in the United States of America as of now. I didn’t say that several weeks ago because we couldn’t. I understand, but I’m not going to get into the what if’s and can’t control what you can’t control.” What Meyer can’t control is the perception of his team and the conference it plays in, and right now that perception is that the Buckeyes had a relatively easy road to an unblemished record – especially with no bowl game to use as a final measuring stick. The Buckeyes are ranked No. 4 in the latest edition of the AP poll, which is a collection of 60 sportswriters from across the country that rate what they believe are the best 25 teams in America. Ranked ahead of the Buckeyes are, in order, Notre Dame, Alabama and Georgia. Out of that group, only Notre Dame is undefeated and Alabama and Georgia each have one loss. Seventeen voters ranked OSU as the No. 2 team in the country, and 24 voters ranked the Buckeyes fifth or worst, with the lowest ranking being No. 12. Pete DiPrimio, an AP voter who covers college football for the Fort Wayne News-Sentinel in Fort Wayne, Ind., ranked the Buckeyes No. 11 in his poll, the second lowest of any voter. “They had a fairly weak non-conference schedule and the Big Ten this season is, maybe, historically weak,” DiPrimio told The Lantern. “Now, if there is a playoff, life is different, but there’s not … Through no fault of their own they haven’t beaten any top-10 caliber team, not even close.” OSU’s players, who were muzzled from talking about the issue throughout the season, weren’t as hesitant as their coach to express where they think the team fits into the national picture. “Yeah I think we should be No. 1,” said junior running back Carlos Hyde. “I feel like we’re the best team in the nation, so yeah, I feel like we should be No. 1 at the end of the season.” Hyde wasn’t alone in his opinion. Redshirt senior receiver Jake Stoneburner, redshirt senior linebacker Etienne Sabino and junior receiver Corey Brown also said they believed OSU should be at least considered for the No. 1 ranking if they are the only undefeated team at the end of the season. More players probably share that opinion as only about a dozen players were made available to speak to the media after the game. But no matter how the rest of the season pans out, the Buckeyes’ chances at being crowned national champions are slim, maybe impossible. “I just don’t think it’s going to happen,” said Joe Walljasper, the sports editor of the Columbia Daily Tribune in Columbia, Mo., who ranked OSU No. 6 in his rankings. “I think there’s too many teams between them and not enough of the right teams could possibly lose.” Clearly, the players on OSU’s team believe their resume is better than the AP voters think it is. The Buckeyes beat two teams currently ranked in the top 25 this season in No. 14 Nebraska and No. 21 Michigan compared to Georgia, which has beaten one (No. 4 Florida), and Alabama, who’s beaten two (No. 6 LSU and No. 21 Michigan). Notre Dame has beaten three (No. 8 Stanford, No. 12 Oklahoma and No. 21 Michigan). Not playing a team ranked in the top-10 in or out of conference is something holding some voters back. “It’s not like (OSU is) playing in the WAC or something,” Walljasper said. “Normally between Michigan, Wisconsin, Nebraska you’d have a top-10 team in there and you just don’t this year.” OSU beat seven bowl-eligible teams (including 8-win Penn State) compared to Notre Dame’s nine, Alabama’s five and Georgia’s four. Georgia and Alabama play next Saturday in the SEC Championship with the winner presumably going to play Notre Dame in the BCS Championship Game. Many fans have taken issue with Georgia being ranked ahead of the Buckeyes because the Bulldogs suffered a 28-point loss to South Carolina. “They played an SEC schedule,” DiPrimio said of his reasoning. “An average SEC team this year is stronger than most of the Big Ten. I think Georgia gets credit for its SEC schedule.” Walljasper said OSU would probably lose “two or three games” in the SEC. Though the players believe otherwise, they’re satisfied with their accomplishments. “Hey, we’re 12-0. That’s all I can say,” Sabino said. “People can talk what they want. (There are) a whole bunch of what-if’s now. I know we took care of what we had to do. We set out to win every single game this year and that’s what we did. It wasn’t pretty but it happened. We’re happy.”
Liverpool manager Jurgen Klopp insists that he has full confidence in Daniel Sturridge for the upcoming campaignThe English striker had looked like a near-certain exit from Anfield at the beginning of the summer following a disappointing loan spell with the relegated West Brom last season after failing to find the back of the net in his six games.But, contrary to expectations, Sturridge has had a strong pre-season and appears to have forced his way into Klopp’s plans for the new campaign.Now the German is hoping that his faith in the 28-year-old will be rewarded by an injury-free season.Jose Mourinho is sold on Lampard succeeding ar Chelsea Tomás Pavel Ibarra Meda – September 14, 2019 Jose Mourinho wanted to give his two cents on Frank Lampard’s odds as the new Chelsea FC manager, he thinks he will succeed.There really…“I can’t remember a bad game from him in the pre-season, to be honest. That’s absolutely good,” Klopp said on the club website.“I said it probably 500 times already: if Daniel is fit, nobody doubts Daniel. So, I do not. He is here in a good shape and hopefully he can bring that into the season as well.”Sturridge is expected to feature in Liverpool’s first game of the new league season at home to West Ham United on Sunday.
Former Arsenal star Robert Pires insists Celtic Football Club is still a good club for young players to develop as their players.French youngsters, Olivier Ntcham and £9million striker Odsonne Edouard have followed the path taken by new Olympique Lyon striker Moussa Dembele.Dembele’s £20m exit from Celtic may have been shrouded in acrimony, Pires points to it as evidence that Parkhead can be a profitable place for youngsters to develop.“For these guys it’s a good opportunity to play for Celtic because they can play in the Europa League and fight for the title with Rangers,” Pires said, according to Daily Mail.“It is an opportunity to play with a great club such as Celtic, everyone in Europe knows them. Then, for the future, if you play very well you can join the Premier League, La Liga or Serie A.”Merson believes Arsenal should sign Sancho Manuel R. Medina – September 14, 2019 Borussia Dortmund winger Jadon Sancho might be the perfect player to play for the Gunners, according to former England international Paul Merson.“Dembele played very well when he was at Celtic. But, for any French player, an opportunity to sign for Lyon is very tempting because they are a very good club in France.”“I think he can help Lyon. He is fast, has very good skills and can score goals. He looks like he will be very important to that team.”“But when a player changes the country, they always need to adapt to this new life. Some fans and media tell you that playing football is the same everywhere. It’s not.”“When you change country it is totally different. In Scotland it might be more physical than France, so you need that period to adapt. But I think he has started well at Lyon, showing why they spent that money.”
India is hopeful of receiving the first loan issued by the newly formed Asian Infrastructure Investment Bank (AIIB) in the second half of the year, Reuters reported, citing Indian officials. The country is looking for funds on lower interest rates for its ambitious solar power project that intends to scale the capacity to 100 gigawatts by 2022.”In about six months, funds could start flowing from AIIB,” said Tarun Kapur, joint secretary at the ministry of new and renewable energy.The loan amount is expected to be approximately $500 million. According to the report, interest on the loan would likely be around 2-2.5 percent, linked to LIBOR, for a term of 15 years. LIBOR is a floating benchmark based on the rate at which commercial banks lend each other. The AIIB, headquartered in Beijing, without specifically commenting on Indian loan, reiterated its president Jin Liqun statement that the lender bank was developing a project pipeline in a number of countries. “It is expected that the first loan decisions will be taken later this year,” it said in written statement.Another official at the finance ministry, who liaisons with the AIIB, said more proposals could be submitted on other priority areas, but current talks were limited to clean energy projects, reported Reuters.India needs $100 billion for its ambitious solar power projects over next six to seven years. The country hopes to increase its solar power capacity 100 gigawatts, roughly 17 times higher than the existing 5,800 megawatts capacity.With an authorised capital of $100 billion, the AIIB is expected to start its operation in the second quarter of 2016 and lend up to $15 billion a year for the next half a decade.India is the second biggest shareholder in the investment bank after China.
Credit: CC0 Public Domain Imagining the possibility of life in a universe without the weak force More information: J. H. C. Scargill. Can Life Exist in 2 + 1 Dimensions? arXiv:1906.05336 [hep-th] arxiv.org/abs/1906.05336 James Scargill, a physicist at the University of California, has written a paper reporting that the laws of physics allow for the existence of a life-supporting two-dimensional universe. MIT’s Technology Review has reviewed the paper and found that the work does show that such a 2+1 universe could exist. © 2019 Science X Network Because we live in three-dimensions, it is difficult for us to envision a universe in which the third dimension does not exist—or one in which there is a fourth or fifth dimension. But philosophers and physicists have spent a lot of time and work trying to figure out if life could exist in anything but the three dimensions we know. In such discussions, time is also included, which has led to the description of what we experience as a 3+1-dimensional universe.As TR notes, most physicists have concluded that our 3+1-dimensional universe is the only one that could support life. They point out that with more than three dimensions, Newton’s laws of motion would be susceptible to problems with tiny perturbations, which would prevent the formation of orbits—like planets around a sun. So that is out. But what about a two-dimensional world? Most experts suggest it is difficult to imagine how gravity could work in such a universe, making it difficult or impossible for life-supporting systems to form. In his paper, Scargill suggests we might need to rethink this argument. He has shown that the laws of physics do allow for gravity in a 2-D world, and also the development of systems capable of supporting life.In his paper, Scargill uses physics formulas to show that scaler gravitational fields could exist in two dimensions—and goes on to show that the necessary complexity needed for life could also exist in a 2-D universe—and he does it using neural networks as a basis for comparison. He starts by exploring whether there are any 2-D networks that have all the same characteristics as a neural network. He then shows that 2-D networks can be built in modular fashion to overcome the problem of crossing edges. Then he shows that such networks can demonstrate criticality. And by doing so, he demonstrates that there could exist a life-supporting 2-D+1 universe—at least according to physics. Explore further Citation: Researcher shows physics suggests life could exist in a 2-D universe (2019, June 25) retrieved 18 August 2019 from https://phys.org/news/2019-06-physics-life-d-universe.html 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.
Kolkata: 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.
New Delhi: A fine of over Rs 5 lakh has been imposed on the NCERT for heavily pruning 33 trees and cutting five without permission from the Forest Department of Delhi government inside its campus on Aurobindo road here, an official said on Monday.Acting on a complaint from an NGO on August 7, a team of forest rangers visited the campus of the National Council of Educational Research and Training (NCERT) and found that five trees were cut and 33 heavily pruned, the Forest Department official said. Also Read – Rain batters Kolkata, cripples normal lifeUnder the Delhi Preservation of Trees Act, permission from authorities is required for cutting and even pruning of trees.The official said the NCERT campus had applied for permission to cut and prune trees, but before the Forest Department could take a look into the application, the trees were pruned and some cut.A report was submitted on August 8 by the forest rangers who visited the spot and a decision has been taken to impose a fine of over Rs 5 lakh on the NCERT registrar for the cutting of trees, the official said, adding that the case has been compounded. Also Read – Speeding Jaguar crashes into Mercedes car in Kolkata, 2 pedestrians killedComplainant Verhaen Khanna said the fine should be a lesson for everyone and it would have cost way less if the authorities concerned had just waited for grant of permission from the Forest Department.”A whole row of trees along the fence were heavily pruned and there were eucalyptus and semal trees among the ones that were chopped,” he said.The NCERT has, however, claimed that the trees were cut under the “occupation” of the National Institute of Educational Planning and Administration which is a separate entity. A few days ago, the Department had issued a penalty of Rs 60,000 on the Central Public Works Department (CPWD) after trees in south Delhi’s Thyagraj Nagar were found to be in poor condition, while one was also found to be uprooted.The fine was imposed recently after a site inspection had taken place at both Thyagraj Nagar and Netaji Nagar, where the proposed redevelopment project is planned to take place, with both construction sites found to be dumping debris around the trees.
February 20, 2018 Enroll Now for Free Free Workshop | August 28: Get Better Engagement and Build Trust With Customers Now This hands-on workshop will give you the tools to authentically connect with an increasingly skeptical online audience. Opinions expressed by Entrepreneur contributors are their own. 5 min read Can you actually have a state “minister of artificial intelligence”? Yes: The United Arab Emirates has actually appointed one.Related: 5 Ways to Make AI Work for Your OrganizationHe is State Minister of AI Omar bin Sultan Al Olama. And, during an interview, he told me he is confident about the future of artificial intelligence in his desert nation and the civic benefits that will emerge from these advancements.Certainly, it’s common knowledge that the UAE is leading developments in artificial intelligence; and other governments are taking notice. Dubai is not only the home of the upcoming World Government Summit but also the nucleus of innovative projects, like the hyperloop located in a “Mars Science City,” and projects involving flying cars, jetpacks and renewable energy.In our interview, Olama spoke about the cutting-edge technologies he believes will launch the country, and possibly the world, into a golden age of technology.Where to beginWhere does a 27-year-old begin, in his effort to pioneer a new government system dedicated entirely to AI? Olama said he’s positive that artificial intelligence will prove an opportunity for the UAE rather than a challenge.”The second mandate,” Olama continued, “is to create the right ecosystem, to ensure that we can create homegrown talent that leads the discussion and development in the field of A.I. while also attracting the best of talent to the UAE from around the world.”Furthermore, my responsibilities include the advancement of adoption of AI technologies and systems in the government in ways that improve the lives of citizens, increase the efficiency of government, create a better and safer environment and give the UAE a competitive edge.”Olama also emphaized global communication about AI: He’s expected to stimulate the global discussion rregarding this technology, while also specifying the indicators governments need to look at so that future potentially catastrophic outcomes are averted.A voice for youth in the U.A.E.’s governmentIn this context, Olama’s ministry has been planning revolutionary projects to create a better life for its citizens — projects that support the development of locally born and bred AI systems. The ministry is working with local government to provide training data for these systems and to encourage other governments to follow in the technological advances the U.A.E. is creating.Related: Elon Musk and Mark Zuckerberg Are Arguing About AI — But They’re Both Missing the PointThe minister further commented on the actual launch of the AI Ministry, noting its focus on “sectors that . . .in the past might not have been obvious sectors for us regionally or globally. From airlines and airports to shipping ports to aluminum production, the UAE has always been at the forefront of making the most out of advantages,” the minister said.”Another fact is the agility of our government,” he added. “Our leadership has seen an importance in giving youth a voice of their own.Creating the ministry has strengthened this goal, whereby youth can see their own age group reprsented in the UAE cabinet. This “was a pioneering step that many countries and international organizations applaud,” Olama said. “Establishing a position for minister of state for AI came as a direct decision based on the opportunities and challenges that A.I. was forecasted to have on governments around the world.”Olama said he’s excited about the monumental opportunities for other governments and AI. There’s potential for growth, he said, in improved education, preventive health care and safer roads and cities, along with great economic advantages. The U.A.E.’s ministry has a broad opportunity to create groundbreaking opportunities to change the world, and capitalize on global advancement, he said.”The growth and rise of nations in the past was seen through two variables: talent and resources,” Olama said. “The more talent that a country has, the more that it can create; and the more that it can develop, and the more resources that the country has, the more it can deploy and the faster it can develop.”Now, imagine: If the number of talent is bigger in a country compared to another, the advantage of that country over the other is much wider. It is much more probable that Country X can create a talent pool of 30 million people out of its 1.4 billion population, compared to Country Y for example, which has a population of around 40 million.”Now, what if the number of a country’s population did not matter as much because it can leverage digital and artificial talent through AI? What if we had one system that can outsmart a thousand Nobel laureates and can help invent and create? We would no longer need to focus on quantity; we would look to focus on the development of this system. Similar systems can be deployed to continuously improve education and the methods of delivering knowledge to students; it can help develop cures for incurable diseases while also supporting in preventing illness.”The upcoming SummitSo, what can be expected from this year’s Summit in regards to future AI projects? Olama was confident about the summit’s aim to bring together a group of the best thinkers and pioneers, even as actions are already being successfully implemented in the AI field. Collaborating with foreign governments to increase awareness and understanding is another goal, he said.Related: Five Issues UAE Businesses Need To Be Prepared For In 2017″There will also be unique and inspiring showcases of AI and its impact on the lives of citizens and governments through the Museum of the Future Showcase at this year’s World Government Summit,” Olama said.Global personalities expeted to attend, the minister said, include Sebastian Thrun, Mark Ribert, Jaan Tallinn and Nick Bostrom.
The 36ft straw meerkat peeping over the Hurleston fields proved a very popular sculpture and big favourite with the children in 2010. Snugburys meerkat supported the Railway Children and over 2010/11 raised £2,880. Windmill – 2008 Driver named following fatal collision The Angel of the North West – a tongue-in-cheek take on the sculpture near Gateshead – was another great success. Millennium Wheel – 2005 Snugbury’s newest sculpture – a giant bumble bee Explaining the thinking behind the giant bee, a Snugbury’s spokesman said: “He stands 40ft tall and is made of straw and hand split wood, which is coated in a natural black dye to give him his iconic stripes. “We had an unprecedented amount of requests for our next straw feature, and this one was such an obvious pick for us. Read MoreStoke-on-Trent’s newest oatcake shop is now open (and prices start from just 35p!) “As a certified organic farm we do our best to enhance the farm’s environment for the local wildlife. “We heard some terrible statistics about bees, for example did you know one third of the UK’s bee population has disappeared in the last decade. “We wanted to do our bit and help these little fellas out.” Bumble is the latest in a long line of sculptures at Snugbury’s. Here we take a look at the 11 wonders that have taken our breath away over the last two decades. Compare the Meerkat – 2010 Big Ben in 2009 marked the 150th anniversary of the iconic clock in London’s Palace of Westminster. The straw namesake became a news sensation appearing in media all over the UK. Wheel of fortune – 2012 A giant straw windmill was created to celebrate the 10th anniversary of the straw sculptures. The idea actually came from a reader of The Sentinel’s sister newspaper, the Crewe Chronicle. Big Ben – 2009 The London 2012 Olympics saw Sir Chris Hoyle lead out a talented team of cyclists in the velodrome and win a string of gold medals. The Snugburys’ straw recreation was a fitting tribute to their triumphs. Cyclists speeding down Chester Road would often give a thumbs up! Dish of the Day – 2007 In 2011 Cheshire was home to one very cool straw Polar Bear. Standing 38ft tall and weighing in at an impressive 9 tonnes, it took 3 tonnes of straw and over a month to complete. On this occasion the sculpture supported The Children’s Adventure Farm Trust. Peter Rabbit – 2016 There were two giant dish shaped telescopes in Cheshire in 2007. To celebrate the 50th anniversary of Holmes Chapel based Lovell telescope at Jodrell Bank an anniversary straw sculpture was built to commemorate it. The 45ft structure known as Dish of the Day weighed over 6 tonnes. Exterminate! – 2013 Dad slams ‘disgusting’ hospital window A dinosaur could once again be seen striding across the Cheshire plains. This Ice Cream eating Coneastrawus was another hit with children. Polar bear – 2011 Police search for missing woman Follow StokeonTrentLive Download our app – You can download our free app for iPhone and iPad from Apple’s App Store , or get the Android version from Google Play . Follow StokeonTrentLive on Facebook – Like our Facebook page to get the latest news in your feed and join in the lively discussions in the comments. Click here to give it a like! Follow us on Twitter – For breaking news and the latest stories, click here to follow SOTLive on Twitter . Follow us on Instagram – Featuring pictures past and present from across Stoke-on-Trent, North Staffordshire & South Cheshire – and if you tag us in your posts, we could repost your picture on our page! We also put the latest news in our Instagram Stories. Click here to follow StokeonTrentLive on Instagram . Punter found hiding in bushes The steel and straw Millennium Wheel was an engineering marvel. The straw landmark modelled on the London eye courted media attention and Snugburys even received a letter from David Marks, the architect of the real-life version. Coneastrawus – 2003 2016 marked the 150th anniversary of Beatrix Potter and the amazing Peter Rabbit sculpture really did wow the tourists. Sadly it was torched by arsonists. The devastated community rallied and people donated money and a new Peter Rabbit was quickly erected in 2017. Out of the ashes sprung another fabulous recreation to wow the crowds again and defy the mindless thugs who would destroy such a wonderful work of art. Read MoreTop stories on StokeonTrentLive Get the biggest Daily stories by emailSubscribeSee our privacy noticeThank you for subscribingSee our privacy noticeCould not subscribe, try again laterInvalid EmailThere’s a real buzz about Snugbury’s latest straw sculpture – a 40ft bumble bee. For nearly 20 years, Snugbury’s ice cream farm near Nantwich has created incredible designs to mark anniversaries and other major events. In fact, the most recent – Peter Rabbit – was so popular he became a tourist attraction in his own right with families wanting selfies. On top of that, the phenomenal sculptures have raised thousands for local charities at the same time as raising the profile of the award-winning ice cream. Now Snugbury’s is hoping to raise awareness of the plight of bees with its latest creation. For every chocolate honeycomb piece bought in the shop, Snugbury’s will donate 50p to the Bumble Bee Conservation Trust. And Bumble is sure to be a hit with motorists heading from Stoke-on-Trent towards Chester and North Wales. (Image: Peter Byrne/PA Wire) This fabulous 35ft Dalek which celebrated 50 years of Dr Who in 2013 took 700 hours to complete and was nicknamed the DaLICK and raised £3,000 for Cancer Research UK. Angel from the North West – 2004
Posted by Travelweek Group Tags: Air Berlin, Alitalia, Lufthansa As the ink dries on their Air Berlin deal, Lufthansa now eyes Alitalia << Previous PostNext Post >> MILAN — The Italian daily Corriere della Sera says Lufthansa is preparing a 500 million-euro ($590 million) bid for large parts of bankrupt Italian carrier Alitalia, including the fleet, pilots, air crew and air slots.Alitalia, which declared bankruptcy in May, faces a Monday deadline for binding offers.Citing three unidentified sources, Corriere said that Lufthansa’s plan calls for cutting 6,000 jobs and reducing the airline’s short- and medium-haul routes, which have suffered under the pressure from low-cost airlines. Alitalia declined comment.Lufthansa recently reached a deal to buy parts of the bankrupt carrier Air Berlin. Both Air Berlin and Alitalia have been controlled by Gulf airline Etihad, which has ceased financing.The Italian government has offered bridge loans, including a new 300-million-euro extension, to keep the airline operating. Monday, October 16, 2017 Share
Share Wells Fargo is addressing the claims of a class-action suit alleging that the bank has violated California’s wage and vacation laws. “Wells Fargo’s compensation structure for its Home Mortgage Consultants (HMCs) complies with California’s wage and hour laws, including paying for all time worked, and allows our HMCs to earn competitive performance-based compensation,” the bank said in a statement shared with MReport.At the crux of the matter is a lawsuit filed against Wells Fargo by James C. Kang a loan officer who worked at Wells Fargo October 2000 through May 2015 with a short break in employment in 2011. Kang alleged that while the bank paid advances on commissions at a rate of approximately $12 per hour, those advances were “clawed back” from commissions earned. He also alleged that Wells Fargo did not compensate HMCs for non-sales work, clawed back vacation pay from commissions with the result that HMCs did not actually receive their accrued vacation and that they did not pay HMCs overtime wages as required by law.According to Bloomberg Law, the suit was admitted in California courts as a class action suit since “these allegations were based on a common compensation plan applicable to all class members, making class certification appropriate,” Judge Beth Labson Freeman wrote for the U.S. District Court for the Northern District of California.According to the suit 4,500 employees have been affected by these alleged practices and are liable for compensation. As part of his allegations and appeal to make this a class-action suit, Kang had submitted the Findings of Fact and Conclusions of Law issued in another class action involving Wells Fargo’s HMCs, Ibarra v. Wells Fargo Bank, N.A., which was litigated in the Central District of California. Lawsuit loan officer loans Wells Fargo 2019-02-08 Radhika Ojha in Daily Dose, Featured, News, Origination Wells Fargo Responds to California Class Action Suit February 8, 2019 1,352 Views
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. 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.
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. – — 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.
— 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. — 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.
Washington state has moved a step closer toward making it more difficult for parents to receive exemptions from having their children receive a required immunization.The state Senate passed a bill on Wednesday night that removes the personal belief exemption from vaccinations for measles, mumps and rubella. However, the bill retains medical and religious exemptions and leaves intact personal belief exemptions for all other required immunizations. The bill, which passed 25-22, will now return to the House for passage of the version amended by the Senate. Upon its anticipated passage there, it will go to Gov. Jay Inslee, a Democrat, who is expected to sign it.Current state law allows parents to not have their child get the MMR vaccine if they have a philosophical or personal objection. If the bill is signed into law, that exemption would be removed.The Centers for Disease Control and Prevention recommends all children get two doses of the MMR vaccine, starting with the first dose at 12 through 15 months of age, and the second dose at 4 through 6 years of age. Two doses of MMR vaccine are 97 percent effective against measles and 88 percent effective against mumps.State Sen. Annette Cleveland, who sponsored the bill, represents part of Clark County, which has been the site of a measles outbreak. There have been 73 confirmed cases in Clark County since the start of the year, but there are no new confirmed cases since March 18.”My community is under threat,” said Cleveland, according to The Seattle Times. “A vote against this bill is a vote against public health.”But state Sen. Ann Rivers, who also represents a portion of Clark County, said it should be up to parents whether to have their children vaccinated. “We keep hearing ‘science is settled,’ ” she said, according to the Times. “It’s not settled.”All 50 states have legislation requiring schoolchildren to be vaccinated. According to the National Conference of State Legislatures, all states permit medical exemptions, and all but three (California, Mississippi and West Virginia) allow religious exemptions. Washington is one of 17 states that permit philosophical objections to school immunization requirements.California removed its personal beliefs exemption in 2015, which also included religious objections.Meanwhile, lawmakers in Arizona are moving in the other direction: considering bills to make it easier for parents to get exemptions for their kids from the usual childhood vaccinations. As KJZZ’s Will Stone reported for NPR last month, “Among other things, the Arizona bills would require that before immunizing a child, doctors hand over to parents a stack of papers that include the benefits and risks of each vaccine, the vaccine manufacturer’s product insert, the vaccine’s summary description from the Centers for Disease Control and Prevention, and instructions on how to report a vaccine-related adverse event.”Another bill in the package would make it easier for Arizona parents to opt out, adding a new type of exemption in the state — an exemption based on religious objections.” Copyright 2019 NPR. To see more, visit https://www.npr.org.