Samuel L. Jackson, Luke Bryan Wished Georgia Good Luck Via Twitter Videos

first_imgSamuel L. Jackson speaking on Twitter.Neither star actor Samuel L. Jackson nor country musician Luke Bryan actually attended the University of Georgia, but they’re both still huge Bulldogs fans. Usually, they both show their support when the football team has a big game on the gridiron. This week, obviously, they’re all in on a different Bulldogs team. Both have sent Twitter videos to basketball head coach Mark Fox ahead of the team’s game against Michigan State in this year’s NCAA Tournament. Check them out:The Dawgs are Dancing, and so is the DawgNation! @SamuelLJackson pic.twitter.com/oX3lpVs5kG— Mark Fox (@coachmarkfox) March 16, 2015The Dawgs are Dancing, and so is the DawgNation! @LukeBryanOnline pic.twitter.com/5EYj3mdd9t— Mark Fox (@coachmarkfox) March 16, 2015The Bulldogs and Spartans tip off Friday at 12:30 PM EST. It’s safe to assume that these guys will be watching.last_img read more

Smit Lamnalco Wins 10Year FLNG Services Deal in Mozambique

first_imgzoomImage Courtesy: Eni Marine services company Smit Lamnalco has been awarded a 10-year contract with additional extension options by Coral FLNG to provide integrated marine services to the first Mozambique floating liquefied natural gas (FLNG) terminal.The development marks the first terminal services contract award for the Mozambique offshore LNG developments.The contract value for Smit Lamnalco amounts to around USD 200 million and services will commence early 2022.For the delivery of its services, the company will deploy three new 95 ton bollard pull tugs to provide escort, berthing and unberthing services to LNG carriers at the FLNG facility. A new offshore support vessel will be utilized to provide logistical and marine services support.Coral FLNG is a consortium of ENI, ExxonMobil, CNPC, Kogas, Galp Energia and ENH. The FLNG terminal is located some 80 kilometers offshore Palma Bay and operates in a water depth of 2,000 meters.last_img read more

Manitoba CFS changes ignore First Nations demands for jurisdiction say chiefs

first_imgManitoba Families Minister Heather Stefanson announced block funding for CFS on Feb. 11.Editor’s note: A previous version of this story stated an AMC spokesperson said the organization wants to see the Manitoba-specific legislation tabled after the broader federal bill is introduced. It was in fact a Dec. 2018 AFN resolution that stated this.Justin BrakeAPTN NewsFirst Nation leaders in Manitoba say the provincial government’s announced child welfare reform this week ignores efforts by Indigenous communities that are trying to regain jurisdiction over their own children.On Wednesday the Assembly of Manitoba Chiefs (AMC) issued a statement criticizing Monday’s announcement by the province that it will move to block funding for child welfare in April of this year.“Provincially-designed and imposed decisions continually miss the mark in reforming what’s known as the Manitoba humanitarian crisis of child welfare,” said Acting AMC Grand Chief Glenn Hudson of Peguis First Nation.On Monday Manitoba Families Minister Heather Stefanson said block funding for Child and Family Services (CFS) will fund the province’s four CFS authorities up front “to improve outcomes for children and families, not by the size of their caseloads or the length of a child’s stay in care.”The province, which has the highest rates among provinces and territories of Indigenous children in state care, had come under fire for operating a child welfare system in which agencies were funded based on the number of cases.Under that model, First Nation leaders and other critics have argued, agencies are incentivized to have children in care while also lacking resources to support families and prevent child apprehension.Manitoba was also criticized for forcing CFS agencies to turn over federal funding they received through the Children’s Special Allowance. The province previously argued those federal funds were a duplication of its existing investments into CFS.That practice will end with the block funding, Stefanson said Monday.“We want to give agencies the freedom to devote more money to prevention, early intervention, community and kinship involvement, and other positive supports,” the minister said, adding “the new model helps reduce their administrative burdens and improves autonomy and accountability.”But, potentially days away from the Trudeau government’s promised child welfare legislation, Manitoba chiefs aren’t pleased with the province’s move.“The province of Manitoba continues to ignore the longstanding position and resolutions of the AMC Chiefs-in-Assembly that seeks to reassert First Nations’ jurisdiction and approach to our children and families,” Hudson said in Wednesday’s statement, adding the province did not consult with First Nation leadership on the decision.The AMC has been fighting 30 years for First Nations jurisdiction over their own child and family matters.Presently, more than 11,000 children in Manitoba are in care. Ninety per cent are Indigenous.It’s 2014 “Bringing Our Children Home” report recommended, among other things, transitioning to a First Nations CFS system and a model of care focused on prevention.A subsequent 2017 report titled “Keewaywin: Our Way Home” determined that Manitoba’s CFS system “is simply an extension of cultural genocide practices found in the residential school system and 60s Scoop.”It put forth a First Nations-led plan for CFS reforms and options for implementing Jordan’s Principle.Keewaywin’s first recommendation was to “restore First Nation jurisdiction of children.”“First Nations never conceded jurisdiction of our children,” the report reads. “This was taken from us through years of purposeful, adversarial and invasive government Indigenous child welfare policies.“First Nations must lead child-welfare reform with reform options informed, mandated, designed and implemented by First Nations and First Nation leadership and citizens.”In December 2017 AMC signed a memorandum of understanding with Canada to address the province’s child welfare crisis.Former Indigenous Services minister Jane Philpott said the MOU was “an important step forward,” and that the parties were “focusing on improvements that First Nations in Manitoba want to see in the child welfare system.”AMC Grand Chief Arlen Dumas said at the time that “grassroots citizens insist we take back jurisdiction of our children and enhance First Nation capacity in all areas to address the Child and Family Services crisis in Manitoba.” The Assembly of Manitoba Chiefs and Canada signed an MOU on child welfare in December 2017. AMC photo.Last year talks began between the AMC and federal government for First Nations in Manitoba to have their own federal child welfare legislation.The AMC consulted with community members, its women’s council, and then began drafting its vision for federal legislation it hopes Canada will table in the House of Commons.The Bringing Our Children Home Act was taken to ceremony and feast, and later reviewed by the AMC Women’s and Elder’s Councils.It was officially adopted in an AMC resolution last October.In December it was supported by the AFN at its special chiefs assembly in Ottawa.Last week AFN Regional Chief Kevin Hart told APTN News that Manitoba is among the provinces said to be resisting the Trudeau government’s impending child welfare bill.A number of sources have also come forward to say the latest draft bill doesn’t include the transfer of full jurisdiction over child welfare from the provinces to First Nations, which some leaders have said they were told was “doable” by Philpott.Current Indigenous Services Minister Seamus O’Regan, and Trudeau himself, have indicated the feds are considering First Nations’ concerns and working to table the legislation soon.With only 12 weeks remaining on Parliament’s sitting schedule before the fall election, there’s already a significant chance any newly tabled legislation won’t make it through the legislative process in time.A resolution passed at December’s AFN assembly in Ottawa calls for Canada and Manitoba First Nations to “jointly draft a mutually agreeable draft Bill” of the Bringing Our Children Home Act “for Canada to introduce in the House of Commons in the very near future, after the federal enabling legislation has been passed.”Last September, the Manitoba government produced its own review of the CFS system.A report for the province’s Legislative Review Committee concluded that those who participated in consultations and information gathering processes “generally agreed that the existing CFS legislation, standards and regulations need to be fundamentally reformed, to develop a system that better supports and provides greater control and influence to families and communities.”A spokesperson for Manitoba Families told APTN Wednesday that the funding changes announced this week “build on Manitoba’s commitment to reform the child welfare system as outlined in the [report].”The report does not discuss Treaty Rights, nor does it recommend returning to First Nations jurisdiction over their children.It’s against this backdrop the AMC says Manitoba’s funding model change fails to account for what First Nations themselves say their children and families need.First Nation leadership “is working on reviving our inherent laws on families,” Swan Lake First Nation Chief Francine Meeches, who chairs the AMC Women’s Council, said Wednesday’s AMC statement.“Sadly, with the Province of Manitoba’s announcement, they continue to ignore us.”The AMC maintains that “the funding dollars for children in care should go straight to the First Nations so they may apply their own First Nations family laws to help keep our children with our families and within our Nations,” said Hudson.jbrake@aptn.ca@justinbrakenewslast_img read more

Suncor CEO says hes encouraged new pipelines will be built after PMs

first_img“The simple measure will be we want to see shovels in ground and pipelines being built.”Suncor reported that the discount paid for oilsands blend Western Canadian Select compared with New York-traded West Texas Intermediate crude widened to an average of US$24 per barrel in the first quarter, double the US$12 per barrel average in the fourth quarter of 2017.The higher difference is blamed on difficulty in getting heavy crude out of Western Canada because of a lack of pipeline space.Williams said he’s “greatly encouraged” by what Alberta and federal governments are saying recently and believes even the Trans Mountain expansion project will be built, despite proponent Kinder Morgan threatening to abandon it if it isn’t reassured about its construction by the end of May.He said he also believes Enbridge Inc.’s Line 3 pipeline replacement project into the U.S. Midwest will proceed, despite an ongoing disagreement in Minnesota over its routing.Suncor reported lower production in the quarter ended March 31 because of cold weather-related outages at its Base Camp north of Fort McMurray, Alta., and the nearby Syncrude Canada oilsands mine. It said operations returned to normal at Base Camp in February after a water line leak caused a power outage in the upgrader. At Syncrude, a blockage in a bitumen transport line led to the company starting a planned eight-week maintenance shutdown a month early.Total upstream production came in at 689,400 barrels of oil equivalent per day in the first quarter, compared to 725,100 boe/d in the prior year quarter, as oilsands output fell to 404,800 barrels per day from 448,500 bpd.The operations “fell short” of Suncor standards, Williams said on the call, adding, “We need to do better and, be assured, we will.”Suncor reported net earnings fell to $789 million, compared to $1.35 billion in the same period of 2017. CALGARY, A.B. –  The CEO of oilsands giant Suncor Energy Inc. says he’s confident new oil pipelines will be built after hosting Prime Minister Justin Trudeau at its newly opened Fort Hills oilsands mine in early April.The message he left with Trudeau was that pipeline access must be assured if the industry is to attract the capital it needs to grow, Steve Williams said on a conference call on Wednesday.“We don’t want these new projects to have to bear the burden of some of these (oil price) differentials,” he said, reiterating Suncor’s commitment to build no new major oilsands projects without new pipelines.center_img Williams said the differential had no impact on Suncor’s earnings, however, because what was lost in the pricing of oilsands was recovered through the company’s marketing and refining operations, which benefited from low-cost feedstock as well as high capacity utilization and profit margins.First-quarter earnings included a $329-million non-cash loss on foreign currency denominated debt.There was also a non-cash gain of $133 million from a deal to buy a 37 percent interest in Canbriam Energy Inc. in exchange for northeastern B.C. mineral land holdings and $52 million.(THE CANADIAN PRESS)last_img read more

PRRD holds special meeting on next steps for Caribou Recovery

first_imgAccording to Brownsey, they have two goals that focus on the recovery of caribou and ensuring the success of the affected communities, while also maintaining a form of dialogue that will allow community members to have future input on the matter.Doyle says establishing a leadership table and a common knowledge base is important when it comes to Caribou Recovery.“That’s exactly what we were thinking through is a leadership table that would be able to oversee and provide input for the development of the Section 11 and the Partnership Agreements. I think that establishing a common knowledge base is really important to ensure that everything is known, from on the state of the caribou, on the economic analysis, and that is shared and everybody has an opportunity to question the experts that have done that work.”Lekstrom says he remains optimistic that they can develop a path forward, adding that it will take everybody at the table to form a resolution on the Caribou Recovery Program.“I remain optimistic that we can find a path forward but it will take, as it was laid out here, everybody at the table to find that resolution.”The full special meeting can be found on the Regional District’s website. DAWSON CREEK, B.C. – The Peace River Regional District Board held a special meeting on Friday, August 23, to hear about the next steps for Caribou Recovery in the Peace Region.Presenting to the Board on the next steps for Caribou Recovery were Community Liaisons Blair Lekstrom and Lorne Brownsey. Also in attendance was Cassie Doyle of Environment and Climate Change Canada.Brownsey says he was appointed by Premier John Horgan to facilitate an engagement process that aims to establish a pathway to conclude the Caribou Recovery agreements and in a manner that reflects the concerns of all community members.last_img read more

Kentucky sex offenders contact with student athletes prompts response from Ohio State

A day after the news about the contact between a convicted sex offender Charles Eric Waugh and Ohio State student-athletes, the OSU athletic department released an official statement addressing the matter. “The issue surrounding the individual from Kentucky is being treated by the Department of Athletics as a student-athlete welfare issue,” the OSU athletic department said in a press release late Friday. “When the University became aware that this individual had been seen in pictures-taken in public places-with student-athletes, proactive precautions were taken and the Department of Athletics alerted more than 1,000 OSU student-athletes about this person.” On Thursday, The Lantern obtained an email sent from OSU athletic director for compliance Doug Archie informing Buckeye student-athletes that the university was aware of the contact made between OSU players and Waugh. Listed on Kentucky’s sex offender registry, Waugh, 31, made contact with OSU student-athletes and coaches through social media, using the Twitter handle, @BdubsTriviaGuru. One of the players Waugh made contact with was four-star linebacker recruit Alex Anzalone from OSU’s 2013 class. In a photo circulating around the web, Anzalone is seen with Waugh, fellow 2013 OSU recruit Joey Bosa and Notre Dame verbal-commit Mike Heuerman. On Friday, Anzalone announced his de-commitment from the OSU 2013 class. At this time, it is not clear whether the de-commitment is related to his contact with Waugh. Other OSU student-athletes in contact with Waugh on Twitter include Buckeyes football wide receiver Verlon Reed and former OSU offensive lineman and Cleveland Browns signee, J.B. Shugarts on May 3 and April 28, respectively, In the email sent to OSU student-athletes, Archie warned student athletes of the potential problems that could arise when making contact with a registered sex offender. “The individuals who you associate with on social networking sites (i.e., Twitter, Facebook) can have negative implications on your reputation and the university,” Archie said in the email. “Please remember to choose your ‘social media friends’ carefully!” Archie’s email also included a mugshot of Waugh, as well as links to informational sites about how to block Twitter and Facebook users. Waugh was not made available after The Lantern requested comments from him on Thursday. However, Charlene Waugh, Charles’ Waugh’s mother, told The Lantern she was not aware that the email had been sent to OSU student-athletes, but said that plans were in the works “to clear her son’s name on Tuesday.” In its official statement, the OSU athletic department said Waugh is not associated with OSU in any manner. “He is not a booster. He has not engaged in any activities on behalf of the University,” the athletic department said. “The Department of Athletics will continue to monitor this issue and it will remain proactive in its efforts with regard to precautions for its student-athletes.” read more

Gerrard hopes FC Ufa win redtape race

first_imgRangers Football Club manager Steven Gerrard hopes FC Ufa win their red-tape race ahead of both teams UEFA Europa League playoff clash on Thursday.Gerrard hopes the visa issues facing the Russian club are resolved ahead of their tie on Thursday night.FC Ufa play against Dinamo Moscow today and will plead with the UK Embassy in the Russian capital to speed up their application.“We are actively engaged in trying to obtain British visas,” said FC Ufa President Gazizov, according to Daily Mail.“But everyone must understand it is a very difficult situation. After the game against Dinamo, we will go with our prepared documents to the British Embassy.”“We hope they are able to accelerate the process, but we will know for certain what is happening on Monday. We have been told even the accelerated process takes a minimum of five days, so that would not be enough time for us.”Steven Gerrard, Michael OwenOwen reveals why Liverpool didn’t offer Gerrard a new contract Manuel R. Medina – September 6, 2019 According to Owen, the Reds wanted to sell Gerrard two years before he left the club and that’s why they didn’t offer him a contract renewal.Gerrard, though, doesn’t want any favours from red tape. He is eager for the chance to record another Europa League win and move to the brink of the group stage.“I heard about it just before the game and we will have to wait and see how that pans out,” said the Ibrox boss, speaking after Alfredo Morelos hit a hat-trick in yesterday’s 3-1 win over Kilmarnock in the Betfred Cup.“I hope they get them (visas) and I hope they come. We are in a good place, we are looking forward to the game and the challenge and we want Ibrox to be rocking again for another great European night.”Rangers suffered a blow when Jamie Murphy suffered a potentially serious knee injury at Rugby Park, but Gerrard was otherwise delighted with the display less than 72 hours after a successful trip to Maribor.last_img read more

Gonzalo Higuain back to training after ten days of absence

first_imgAccording to the Italian portal Calciomercato, AC Milan striker Gonzalo Higuain has returned to full training after missing two straight Serie A encounters with Sassuolo and Empoli.A nasty looking thigh injury that threatened to sideline the former River Plate star for a while seems to be a false alarm, as Higuain should feature already in the next weekend’s encounter with Chievo Verona.The 30-year-old Argentinean arrived at the Stadio San Siro this summer from Juventus, as the Rossoneri desperately tried to secure the services of a top-class forward.After scoring a goal on his debut in a friendly match against Real Madrid, Higuain has made the Serie A breakthrough against Cagliari, after which he broke the deadlock against Atalanta in the following fixture. He also buried Milan’s winning goal in the Europa League opener against Dudelange.Rick Karsdorp, Roma, Serie AKarsdorp reveals he had too much stress at Roma Manuel R. Medina – September 14, 2019 The Dutch defender has been with the Gialorrossi since 2017, but he has not enjoyed his time in the Italian Lega Serie A.Higuain’s goal pic.twitter.com/e8G4xm0jPN— #FreeLocatelli (@semo33) September 23, 2018With the Rossoneri’s Europa League clash with Olympiacos around the corner, Gennaro Gattuso might be looking to rest his number nine to avoid further complications and instead field Patrick Cutrone who seems to be finding his last season’s form.last_img read more

Emery looking forward to Liverpool test

first_imgArsenal manager Unai Emery says his side will test their progress when they face league leaders Liverpool at Anfield on Saturday.Liverpool moved six points clear at the top of the Premier League after their 4-0 victory against Newcastle United on Wednesday, while Arsenal’s 1-1 draw at Brighton leaves them at fifth place and two points behind Chelsea.Arsenal’s form and performances have been inconsistent so far this season and Emery believes playing Liverpool will be a benchmark for measuring their progress.“It is a very big match for us and them. They are unbeaten this season and will be confident,” Emery told Sky Sports.“For us, it is a big challenge and a good test, of who we are and the difference between them and us.Jadon Sancho, Borussia DortmundCrouch: Liverpool could beat Man United to Jadon Sancho Andrew Smyth – September 14, 2019 Peter Crouch wouldn’t be surprised to see Jadon Sancho end up at Liverpool one day instead of his long-term pursuers Manchester United.“In the table it is clear but I also want to look on the pitch. We have had one test against them, at the Emirates, which we drew [1-1 in November].“We played a good match but I think in Liverpool it is going to be a different game to the one we played here.”last_img read more

Wagner blames red card for Huddersfields loss

first_imgHuddersfield Town manager David Wagner insists the red card picked up by Christopher Schindler played a significant role in his team’s loss to Burnley.The Terriers hosted fellow strugglers Burnley at the John Smith Stadium on Wednesday night looking for their first Premier League victory in 10 games.Steve Mounie gave the home side the lead just past the half-hour mark with his first league goal of the season, but Sean Dyche’s men leveled just before the break from a Chris Wood strike.Things went from bad to worse for Huddersfield when Schindler was giving his marching orders four minutes before halftime, leaving Wagner’s men to play the entire second half with 10 men.Ashley Barnes 74th minute goal ensured Burnley took home all three points leaving Huddersfield rooted to the bottom of the league table.Danny CowleyCowley explains why he changed his mind about Huddersfield Manuel R. Medina – September 9, 2019 Last week Danny Cowley rejected the chance to coach Huddersfield Town in the English Championship, but today he accepted saying it was a good opportunity.“The commitment, effort and attitude which the players have shown was absolute”, Wagner said, according to Sky Sports.“They fought but unfortunately playing more than one half [with 10 men] is very difficult to deal with.”“We took the lead and scored our first goal from a striker. I have seen a lot of good things today but obviously we weren’t able to keep the tempo and speed as high as when we played 11 v 11.”last_img read more

Former TCI Deputy Premier asks for six months delay to corruption trial

first_imgFacebook Twitter Google+LinkedInPinterestWhatsApp Related Items:earl whitter, Floyd Hall, justice paul harisson, michael misick, sipt trial BOYCE FIRES HER ATTORNEY, as SIPT Trial continues Karen Delancy, former Cabinet Minister in Michael Misick regime takes the witness stand in SIPT trials Delancy challenged on leadership style, calls Floyd Hall, ‘man of integrity’ Facebook Twitter Google+LinkedInPinterestWhatsAppProvidenciales, 17 Dec 2015 – The lead attorney for former Deputy Premier and Finance Minister, Floyd Hall says he needs more time to review the evidence and made an application to delay the start to the SIPT trial. Earl Whitter told Justice Paul Harrison at the pre-trial proceedings for the SIPT yesterday that there was too much evidence and that he was too new to the case to be able to adequately represent his client without the extra time; he asked for the start date to be delayed by six months. Speaking for the Special Prosecution, Andrew Mitchell expressed shock in the courtroom asking ‘what on earth has gone on, what has Floyd Hall been doing for the last four years.’Whitter, QC reportedly explained to the Judge in the application that Hall stands to lose much in the case as all 17 counts and all the defendants are linked to him. While ex Premier Michael Misick has a limit set that he can be sentenced, if convicted, to no more than 20 years; there is no cap in the Turks and Caicos on sentencing for bribery, conspiracy to defraud TCIG and one can be jailed for 14 years for money laundering. There is not court today; it resumes Thursday with decisions expected from Justice Harrison on all of the applications put forth ahead of the trial start. Recommended for youlast_img read more

San Diego DA Summer Stephan fights to keep Jesus Cecena behind bars

first_imgSan Diego DA Summer Stephan fights to keep Jesus Cecena behind bars August 22, 2018 Posted: August 22, 2018 KUSI Newsroom, Mike McKinnon III, Categories: Local San Diego News Tags: Summer Stephan FacebookTwitter 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) – San Diego District Attorney Summer Stephan will fight to keep Jesus Cecena behind bars.Cecena, a gang member from the Skyline neighborhood, shot and killed Officer Archie Buggs in 1978. Cecena has been granted parole three times in recent years.But each time, Governor Jerry Brown has reversed the decision.KUSI spoke with District Attorney Summer Stephan, she says she will be attending the hearing. KUSI Newsroom, Mike McKinnon III last_img read more

AGDC Working With The City Of Kenai To Find Alternative Water Sources

first_imgKenai Peninsula Borough Mayor Charlie Pierce: “The proposal that was presented by the group was to run a water main from Kenai, tapping into the Kenai system, and running it out north to provide water for this project. Local water in close proximity to the plant, the results from those tests were unsatisfactory, and some contamination concerns came up as a result of those tests.”   Jesse Carlstrom with the AGDC said the project began working with the City of Kenai to find a viable water source after the initial testing: “Alaska LNG project proponents looked at sourcing water locally from the site of the liquefaction facility. Due to unsatisfactory test results and water contaminants the AGDC looked at the City of Kenai for the possibility of securing water from the Kenai water system to supply the liquefaction facility.”  According to Carlstrom, the terminal and plant will need about 150 gallons per minute of fresh water during operation. 135 gallons would be used for power generation and 15 gallons as potable water and for other utility uses. Facebook0TwitterEmailPrintFriendly分享The Alaska Gasline Development Corporation is continuing to work with the City of Kenai to find a viable water source for the LNG project after initial water testing in the Nikiski area came back as ‘unsatisfactory’. Mayor Pierce spoke at the borough assembly meeting last night about the need for an alternative option after the initial test results: “We met with them, we talked with them about the concerns, and they are willing to look at an alternative water source.” Currently the City of Kenai water system serves both residential and commercial users spanning over approximately 8 square miles. Carlstrom: “The AGDC is working with the City of Kenai to identify a viable water source.” The original wells tested in Nikiski underperformed or exceeded government standards for contamination, according to the AGDC.last_img read more

What is bitcoin worth Barclays has an answer to that

first_imgBitcoin, Ethereum are types of cryptocurrencies availableReutersBe it analysts, cryptocurrency experts, renowned researchers, no one has so far been able to derive the real value of bitcoin till date.However, analysts at Barclays think they have a useful method for tracking bitcoin trends — infectious disease models. And by their analysis, the cryptocurrency fever may have broken.The Barclays model divides the pool of potential bitcoin investors into three groups: susceptible, infected and immune.Just like any infectious disease, rise in prices is spread by word-of-mouth – via blogs, news reports and personal anecdotes – as nobody wants to miss out on the rally that made their friends and colleagues rich.”However, once full adoption is approached, the price decline is sustained and rapid,” Barclays analyst Joseph Abate wrote in a note to clients.”As more of the population become asset holders, the share of the population available to become new buyers — the potential ‘host’ population — falls, while the share of the population that are potential sellers (‘recoveries’) increases. Eventually, this leads to a plateauing of prices, and progressively, as random shocks to the larger supply population push up the ratio of sellers to buyers, prices begin to fall. That induces speculative selling pressure as price declines are projected forward exponentially.”The Barclays model suggests that awareness around cryptocurrencies is now almost universal, and only a small group of the population could now catch speculative interest, and buy in.”We believe the speculative froth phase of cryptocurrency investment – and perhaps peak prices – may have passed,” Abate said.Bitcoin has fallen by more than 50 percent in 2018, trading near $6,969 as of 9:00 a.m. Indian Standard Time.The cryptocurrency rose more than 1,300 percent last year, reaching a peak near $20,000 in December.While the cryptocurrency bounced back from past price collapses in 2011 and 2013, the high level of awareness this time around signals bitcoin may never return to its peak of nearly $20,000 in December, according to the Barclays model.last_img read more

Costco Opens In Shanghai Shuts Early Owing To

first_img by NPR News Merrit Kennedy 8.28.19 4:03pm It looks like Costco is a hit in Shanghai. On Tuesday, the U.S. wholesale chain opened its first location in mainland China and was so inundated with eager shoppers that the store closed early owing to “security concerns.”The next day, Costco began limiting the number of shoppers in its warehouse to 2,000 at a time. “Local police will assist in improving traffic in the area, in order to lessen the disturbance to our neighbors, and we have improved our internal guest flow system,” the company said in a statement on the social media platform WeChat.Costco said that in the coming week, people who have memberships to the store will be notified “if we are nearing maximum capacity or if there are long wait times.”Photos from the store opening show long lines of customers queued up to apply for membership and crowds of people surrounding a roast chicken counter and freezers full of meat.The company, which first opened in the U.S. in 1976 under a different name, offers its members bulk items at wholesale prices. The cavernous stores are known for vast shelves with items stacked nearly to the ceiling.According to the Chinese news agency Xinhua, membership to the Shanghai store costs about $42 annually. “Prices of general merchandise in Costco are 30 to 60 percent lower than market prices and the food sold there is 10 to 20 percent cheaper,” Xinhua noted.The low prices certainly created a commotion, with checkout lines two hours long and three-hour waits simply to find a spot in the parking lot.It’s worth noting that some major international brands have had a hard time in China. As Bloomberg reported, “Carrefour SA sold an 80% stake in its China unit at a discount in June while German wholesaler Metro AG is looking to sell its operations.”Sam’s Club, the Walmart-owned rival wholesaler, has had a presence in the Chinese market for more than 20 years. It currently has at least 23 locations there.Costco’s senior vice president for Asia, Richard Zhang, told AFP that the Chinese consumer’s familiarity with Sam’s Club could help his company. “Chinese consumers are ready to pay for a membership card that grants them an exclusive privilege to buy at a warehouse store, it’s not a new concept in the country,” he said.Still, the ongoing U.S.-China trade war could complicate the company’s supply. Zhang told the wire service that about 50 percent of the products are from overseas and that some fresh produce items from the U.S. have been replaced with items from Australia.Copyright 2019 NPR. To see more, visit NPR. Costco Opens In Shanghai, Shuts Early Owing To Massive… Aly Songlast_img read more

ADDA launches mobile application to smoothen tax payment process

first_imgDurgapur: Asansol Durgapur Development Authority (ADDA) has set December 2018 as the target to integrate its entire leased out land into its online payment gateway service.”We have prepared a legacy data of these leaseholders after a lot of hard work. There are around 3,000 such leaseholders, whose tax payments are irregular. Once we integrate them in this online payment gateway, we will be able to keep them updated about their dues and the pending rent can be mopped up easily,” ADDA CEO Arun Prasad said on the sidelines of the launch of a mobile application for both Android and iOS users, for online payment gateway service.The ADDA Online app service was formally launched by its chairman Tapas Banerjee at its office in Durgapur on Monday.It may be mentioned that out of the leased out land belonging to ADDA, 80 percent is residential, 15 percent is commercial and 5 percent is industrial.”We have already prepared a database of shops and have started the process of registering them under ADDA Online. They will be soon getting alerts of the pending amount and the time period they need to clear their dues. They can pay online or can deposit the amount with a private bank with which we have tied up. Soon, we will tie up with some nationalised banks too,” Banerjee said.A workshop will be held on Wednesday with around 150 shop owners, who will be registered on the online plat-form.ADDA, which launched the online platform in June last year, has mopped up Rs 12.5 crore till date and now, with the launch of mobile payment gateway and integratingshops and hawkers and then the land leaseholders, is hopeful of earning a revenue of around Rs 25 crore by June 2019.Most of these shop owners would visit the ADDA office once in three months, collect details of payments and then clear the dues. Delayed payments had become a cause of worry.The online payment gateway for collection of various fees like developmentcharges, water charges, mortgage fees, transfer fees and ground rent, among others, have relieved the residents from the hassle of travelling to the ADDA office.ADDA covers an extensive area of 1,603 square km, comprising two municipal corporations and eight development blocks.last_img read more

Awakening of Sufism

first_imgAfter having received a whole hearted response at the Jaipur Literary Festival, ‘Ajmer Sharif’, authored by Reema Abbasi and published by Niyogi Books was officially launched at Oxford Bookstore, Connaught place with eminent classical danseuse and researcher activist Manjari Chaturvedi and 26th Generation Gaddi-Nasin, Ajmer Sharif, Haji Syed Salman Chishty.’Ajmer Sharif’ – the heart of homage for thousands of all faiths, welcomes a tidal wave of humanity for the saint known as Gharib Nawaz (benefactor of the poor), whose spiritual order is the most lyrical and inclusive. This book showcases the absolute necessity of Khwaja Muinuddin Chishti in our conflicted times. Today, he is a signpost of unity; a reminder of the relevance of Sufism as a conduit of harmony and justice. Also Read – Add new books to your shelfThe pages of the book narrates the story of the founder of the Chishti Sufi Order in South Asia – who knew that hunger supersedes doctrines – and of his movement, which began in a mud hut over eight centuries ago. Muinuddin Chishti brought Qawwali, the genre of Sufi devotional recitals, and the ideal of acceptance to the world. He discouraged religious supremacy and patriarchy by example – his wife was a central leader and his only daughter became a caliph – an aspect practised at his seat, but cast off by other shrines of his lineage. Also Read – Over 2 hours screen time daily will make your kids impulsiveAn elaborately researched oeuvre on the history, spiritual journey, mystical power, and legacy of the 12th century Sufi giant – rich with accounts of Mughals as devotees, monuments, rituals, and over 200 unique, evocative photographs – ‘Ajmer Sharif’ traces the life of the saint and reveals the living force of his shrine.The author, Reema Abbasi was the recipient of the Gender in Journalism Award 2003 from UNESCO for the most gender sensitive reportage. At present, she is a columnist, and an independent contributor with international newspapers, and a regular commentator on socio-political issues. In the last decade, her writings have maintained a rabid focus on the values of secularism. With her last book ‘Historic temples in Pakistan: A call to conscience’, she aimed to stir a discourse that dispels intolerance towards any faith .An in-depth researched work on the history and spiritual journey of the Sufi saint Khwaja Muinuddin Chisti, the book describes the life and times of the Saint and the continued relevance of his much-visited shrine at Ajmer Sharif.last_img read more

Another hurricane Nicole heads towards Bermuda

first_img MIAMI — Hurricane Nicole is heading toward Bermuda as a Category 2 storm.Nicole’s maximum sustained winds increased early Wednesday to near 155 kph. The U.S. National Hurricane Center says some strengthening is possible and Nicole could be near major hurricane strength later in the day.The storm is centred about 535 kilometres south-southwest of Bermuda, where a hurricane warning is in effect, and is moving north-northwest near 11 kph.UPDATE:Bermuda’s government dispatched crews to clear roads and engineers to inspect infrastructure as the British territory moved to recovery quickly from Hurricane Nicole, which battered the island as a Category 3 storm.SHurricane Nicole snapped trees, peeled off roofs and flooded homes as it roared across the island on Thursday. The storm also damaged boats that broke away from their moorings and knocked out power to more than 27,000 customers who live on the island, which has sturdy infrastructure and is accustomed to heavy weather.More news:  Help Princess Cruises break the world record for largest vow renewal at seaNicole has strengthened to a Category 4 storm late Wednesday as it approached Bermuda but lost steam overnight. Wednesday, October 12, 2016 Tags: Bermuda Another hurricane: Nicole heads towards Bermuda Sharecenter_img Posted by The Canadian Press << Previous PostNext Post >>last_img read more

Irma recovery Florida Keys will open to visitors Oct 1

first_imgTags: Florida, Hurricane Irma Source: The Associated Press KEY WEST, FLORIDA — Florida Keys officials say the island chain hit hard by Hurricane Irma will reopen to tourists Oct. 1.Officials made their announcement Monday, more than two weeks after the Category 4 storm made landfall in the Florida Keys. The storm destroyed an estimated 25 per cent of homes on the islands.Florida Keys officials asked visitors to postpone their trips after the storm damaged power and water supplies. Florida Keys spokesman Andy Newman said power and water service is now restored to customers that can receive them and a boil water notice has been lifted.The Key West and Marathon airports have reopened, but debris removal continues and some hotels and tourist facilities are still recovering.Key West did have its first cruise ship return to the island on Sunday. << Previous PostNext Post >> Tuesday, September 26, 2017 Share Irma recovery: Florida Keys will open to visitors Oct. 1last_img read more

Former Canal Plus chief Pierre Lescures report on

first_imgFormer Canal Plus chief Pierre Lescure’s report on the adaptation of France’s cultural policies to the digital age has suggested that a new tax be levied on laptops, smartphones and tablets to help support the content industry’s migration to digital, that the Hadopi commission be abolished and that the strict rules governing video content distribution windows be relaxed.The report, which was delivered to minister of culture Aurélie Filippetti yesterday, said that manufacturers of computers, smartphones, tablets and connected TVs could be subject to a tax of up to 1% to compensate the transfer of the value of content. Former Canal Plus chief Lescure also envisages that a current tax on private copies could be merged with other taxes or replaced.Lescure has also proposed that the powers of the Hadopi, the organisation set up to combat internet piracy through a controversial ‘three strikes’ regime, should be transferred to media regulator the CSA. The Hadopi’s controversial power to cut off the internet connection of persistent infringers of copyright would be abolished.The report also recommends that France’s system of content windowing should be relaxed, with a possible reduction of the time after which movies can be shown on video-on-demand services reduced from 36 months after their theatrical release to 18 months.Hadopi president Marie-Françoise Marais welcomed the report as broadly justifying the legitimacy and usefulness of the body’s mission and said that their consolidation within the framework of a “more global strategy” would give them a solid footing.last_img read more