4 Aug

Keen eye for good stories and big ideas

first_imgKeen eye for good stories and big ideas Recommended Link Kansas farm boy generates millions from his California “bunker” He’s just an ordinary guy born on a farm in Kansas. He didn’t graduate from a fancy college. He doesn’t have an MBA. Yet he stumbled upon a “secret key” technique that allowed him to retire at 42… and still make more money in 8 hours… than most people make in a month. But Monday through Friday you’ll find him up by 4 am, in front of his computer… using his “secret key” to generate thousands of dollars per week… without touching stocks or bonds. He calls it his retirement hobby. Click here to see it in action. The Job We Need DoneWe’re looking for someone who loves investment analysis. Someone who wants to make a living reading, thinking, traveling, and writing. Someone who can help us share big ideas with the world.If this sounds attractive—and you meet the criteria above—we’d love to hear from you.The compensation will depend on your level of experience. Know this: Dozens of analysts at Agora (our parent company) who write newsletters have become millionaires.What to Do Now Send us a basic resume. We’d like to see where you’ve worked.Write a letter telling us about yourself. We don’t care much about what school you went to. We do care about what you’ve learned doing whatever it is you’ve been doing. We appreciate odd jobs, but we’re also willing to consider Wall Street refugees.Send us an email with the following information… Independent thinker who is passionate, motivated, and eager to overachieve Trustless SystemThe decentralized revolution is about getting rid of “trusted” third parties. Ultimately, coins like Tether will fail if they can’t find a way to become “trustless.”(With trustless technology, you don’t have to know or trust the person you’re doing business with. The blockchain records and verifies every transaction transparently. So the system builds trust by default.)Back to the University of Texas report… It suggests that more Tethers were issued than had backing by actual dollars. The report makes the case that Tethers were used to prop up—and ultimately manipulate—the price of bitcoin.Kessler’s article attempts to use the study to bolster his argument that bitcoin is just another balance sheet-driven bubble, just like every bubble since the South Sea Bubble of 1720.He argues that temporarily shifting assets from one balance sheet to another inflates a bubble. When the money runs out, the bubble pops.It’s the type of argument that initially reads well… But it doesn’t really hold up under scrutiny.For instance, Kessler tries to pin the dot-com crash on America Online’s dot-com-era ad policies. I read his explanation three times, and I still don’t understand how AOL’s ad policies could have caused the dot-com crash.The dot-com boom was a $5 trillion bubble. It seems a bit of a stretch to pin $5 trillion worth of value destruction on one company’s ad policies.Kessler also blames the infamous Dutch Tulip Mania of 1636–1637 on balance-sheet manipulation. But that doesn’t work, either. If he had really done his research, he would have found out that the Tulip Mania was an overblown myth. It had nothing to do with balance-sheet manipulation.(The Smithsonian journal did a great write-up on the Great Tulip Mania and called it more of a fanciful fiction than a serious financial crisis. You can read the essay here.) Teeka Tiwari Editor, Palm Beach ConfidentialP.S. For the first time ever, I have an investment announcement so BIG that I’ve teamed up with media personality Glenn Beck to create a one-off, special event. We’re calling it The Great Cryptocurrency Conspiracy of 2018. It will broadcast online on July 19, live from Glenn’s Dallas studios.When you register for the July 19 event, you’ll get a free copy of my new report, The Crypto Manifesto: Why Cryptocurrencies Are the Smartest Speculation You Can Make Today.Plus, you’ll have the chance to claim your portion of free bitcoin during the first $2 Million Bitcoin Giveaway.You can reserve your seat for this free event, plus get a free copy of my report, by registering right here…Reader MailbagToday, a reader responds to Thursday’s Dispatch—“How to Profit From the Biggest Oil Shock Ever”—where we interviewed Crisis Investing editor Nick Giambruno on why a potential conflict in the Middle East could trigger the next huge oil shock…The oil prices went up because Richard Nixon was colluding with the Saudis to figure out a way for the Saudis to afford US warplanes because Vietnam was winding down and the American war-mongering billionaires needed to make more billions off the backs of US citizens! —RichardAnd another reader shares his thoughts on our recent interview with Doug Casey on California breaking apart…Well, politics is violence, so this separation of “Corruptifornia” into three states is bit like treating the symptom and not the “disease.” Living in the Fresno area, aside from demographics that are dominantly Hispanic, I don’t see much in common with San Diego, Riverside, and the rest of those included in one of those proposed “states.” I don’t believe “statism” is moral. I believe it is just constitutionalism, and both are wickedness.—JackAs always, if you have any questions or suggestions for the Dispatch, send them to us right here. Volatile AssetIf Kessler is going to attack the 2017 action as being manipulated, why not attack the 2011, 2013, and 2014 “bubbles”?Were all of those moves manipulated, too?If they were, then those are the most unique bubble manipulations I’ve ever seen.Here’s what I mean…If you bought at the peak of each move, your average “old” peak to “new” peak gain would be 9.8 times your money.How many bubbles do you know of that could make you money if you bought at the peak of every move?I don’t know of any others.I fear Kessler has confused market volatility with market bubbles. Just because something is volatile doesn’t automatically make it a bubble (or mean that it’s been manipulated). Bitcoin is volatile… but it’s also very valuable.Fraudulent assets go to zero. True bubbles don’t continue to make higher highs and higher lows the way bitcoin has done.Bitcoin is a highly volatile asset—not a fraudulent asset.And that’s why I have always recommended that my readers keep their position sizes small.(In Palm Beach Confidential, we recommend that investors with smaller accounts place no more than $200–$400 per trade… and that investors with larger accounts place no more than $500–$1,000 per trade.Cryptocurrencies are volatile. So small position sizes will allow you to keep a cool head during extreme periods of volatility, like we’re seeing in the current crypto market.)It’s the only prudent way to invest in assets like bitcoin and other cryptocurrencies.But let’s get back to Kessler’s central theme on manipulation…Has the issuance of unbacked Tethers manipulated the market higher? It’s possible. I don’t know if we’ll ever really know for sure.But in the long run, does it really matter? I don’t think it does.The truth is that sometimes, bad people co-opt great companies and great technology.Speculators used to manipulate early railway stocks all the time. In the early days of General Motors, founder Billy Durant routinely manipulated company stock.These short-term blemishes did nothing to diminish the long-term value the rail and automotive industries were ultimately creating.Meanwhile, amid all the manipulation hubbub, we continue to see signs of the mainstream adoption of bitcoin and other cryptocurrencies. If we poke a little more, we can find more holes in Kessler’s bubble theory.If Kessler is right about last year’s crypto market action, how does he explain the so-called bitcoin bubbles of 2011, 2013, and 2014?That’s right, this is the fourth time bitcoin’s “bubble” has popped… — The net gain on 10 shares of McDonald’s stock purchased January 3, 2007 and sold January 3, 2017, assuming all dividends were reinvested. Recommended Link Wanted: Expert Investment AnalystHey, we’re looking to hire an analyst for the Casey Research team. Our team is growing and a new spot has opened up for an ambitious person to research and write about commodities, stocks, crypto assets, and world markets.For this position, you’ll work directly with Nick Giambruno, Chief Analyst for and editor of The Casey Report and Crisis Investing. Nick is Doug Casey’s globetrotting protégé. He writes about geopolitics, value investing in crisis markets, the cannabis market, global banking, and survival techniques for financial crises.If this sounds stimulating, keep reading for more details and how to apply.Who We AreWe’re a fast-growing company with all the opportunities of a small start-up and the stability of a deep-pocketed firm with a 30-year track record.We publish half a dozen advisories covering finance and economics. We have hundreds of thousands of readers around the world. Our business is in providing profitable ideas, explaining how the markets really work, and telling great stories.We’re completely independent and unbiased. We don’t take money from Wall Street or the government. Our revenue comes from selling subscriptions. We make money only if our readers are happy.Who You AreYou’re able to analyze assets from macro, technical, fundamental, and sentiment perspectives. You’re overflowing with investment and trading ideas. And you’re a voracious consumer of information.You have a genuine passion for finance and the investment industry. You’re intensely curious, and live and breathe the world’s markets. And you’re willing to travel anywhere and everywhere. You’re ready to improvise, adapt, and overcome.You’re a good thinker, storyteller, and writer. You’re also good company, and you’re the one your friends say is the smartest person in the room.“Must-haves”: The St. Louis Fed recently announced it has created an index to track the top four cryptocurrencies. 2018 bubble “pops”: $20,000 to $6,500—down 66% so far… Goldman Sachs announced plans to start a bitcoin trading desk. 2011 bubble “pops”: $32 to $2—down 94% Your full name. And there’s more…By 2002, the dot-com crash caused the Nasdaq to drop 80%. In 2002, venture capital (VC) investment dropped by 90%.Contrast that with cryptos.Right now, the crypto market is down around 67% from its high. It seems logical that funding for new VC deals would dry up. But it hasn’t.VC investment has already doubled from last year, and it’s expected to quadruple by year end.The key takeaway is that even with the news of manipulations, government meddling, and massive volatility… institutional money is still flowing into this asset in droves.And what an institution chooses to do with its money will always carry more weight with me than a Wall Street Journal op-ed piece.Let the Game Come to You! Personal philosophy of voluntarism, anarcho-capitalism, or something similar Current Casey Research subscriber (paid memberships to Crisis Investing or The Casey Report win extra points) Weird new “antennas” popping up all over America NASDAQ calls it: “The biggest investment opportunity in years.” These antennas have nothing to do with your cell phone, hiding inside is the biggest hi-tech secret of the decade. Click here to learn more. — 2013 bubble “pops”: $230 to $70—down 70% Exceptional writing ability or a willingness to learn how to write Justin’s note: Today, I’m handing the reins to world-renowned cryptocurrency expert Teeka Tiwari, who has an important update on the crypto space.Below, Teeka responds to a recent piece in The Wall Street Journal that claims bitcoin’s spectacular price run in 2017 was partly due to market manipulation. But Teeka says the author’s missing a major detail… By Teeka Tiwari, editor, Palm Beach ConfidentialAt first blush, Wall Street Journal technology writer Andy Kessler makes a compelling case for why bitcoin’s 2017 meteoric 1,368% rise was not “real.”In an article published on Sunday, July 1, Kessler cites a University of Texas study that argues manipulation was behind half of bitcoin’s 2017 move upwards. The study pins the blame on a crypto coin called Tether (USDT).Tether is a fixed-value, or “stable” coin. It supposedly backs each coin with one U.S. dollar. To be clear, I have never been a fan of Tether because it requires you to trust that there is $1 backing each coin.In the January 2018 issue of my Palm Beach Confidential newsletter, I wrote:[Tether] claims that for every Tether in the market, it has an actual dollar bill in a vault somewhere.Let me be clear: I HAVE NEVER BELIEVED THAT CLAIM. That’s why I never recommended the token.To date, I still haven’t seen proof of Tether’s reserves.Many people share my misgivings about Tether… But that hasn’t stopped it from issuing more than $2.5 billion worth of coins. Does Tether have $2.5 billion in cash reserves to back that up? Or is it just printing its own money at will?Nobody knows. Can governments shut down bitcoin? Explain why or why not. The cause of the Great Depression in the U.S. and why. Japan’s Nomura Holdings (a $100 billion-plus financial firm) just announced it’s creating a crypto custody consortium (an institution that holds securities or assets for safekeeping) called Komainu. The top three biggest risks to the global economy and why. 2014 bubble “pops”: $1,200 to $173—down 85% Why has the average person’s standard of living declined since the early 1970s? Affinity for Austrian economics, monetary history, financial markets, and general history Prepare for conversation and travel. If you have what we’re looking for, you’ll start out with a one-on-one conversation with Nick. If that goes well, we’ll fly you to Delray Beach for a full day of interviews. And if we still like each other after that, we’ll discuss the next steps.Get in touch at jobs@caseyresearch.com. Put “Investment Analyst” in the subject line. That’s your first test. In Case You Missed It…The economy is growing, and stocks remain near all-time highs. But behind the scenes, something strange is happening…The US government and global financial elites are considering implementing a radical new change to America’s money. If passed, the money in your bank account would fall firmly under government control.They call it “The Chicago Plan.”last_img read more

3 Aug

Want to know what the teenagers in your life reall

first_imgWant to know what the teenagers in your life really think about sex and drugs?Are you sure?Well, researchers at the Centers for Disease Control and Prevention have a pretty good idea, thanks to the Youth Risk Behavior Survey. Every other year, thousands of teens in public and private high schools across the country take this nationally representative survey. The CDC just released results for 2017, and here are a few of the highlights:SexTeens’ experiences with sex are changing, and the news is almost all good, says Kathleen Ethier, director of CDC’s Division of Adolescent and School Health.”Fewer are initiating sex,” Ethier says, “fewer are currently sexually active, they’re having fewer partners, and they’re using more effective hormonal birth control methods.”In 2007, nearly 48 percent of teens said they’d had sex at least once. A decade later, it’s 39.5 percent. One change in the data that Ethier’s not happy about is a recent decline in condom use.In 2007, 61.5 percent of teens said they’d used a condom during their last sexual encounter. By last year, that rate had dropped to 53.8 percent. Ethier says this is due, at least in part, to “a decrease over time in requirements that school cover HIV and [sexually transmitted diseases] in health education programs.”According to the report, young people aged 15-24 account for half of the roughly 20 million new STDs reported each year.One more red flag, Ethier says: More than one in 10 young women (11.3 percent) reported being forced to have sex.DrugsWhen it comes to illicit drugs — like cocaine and heroin — teen use is way down, from 22.6 percent in 2007 to 14 percent in 2017.For the first time, though, the survey also asked teens if they have ever misused prescription opioids. Fourteen percent said they had.”We don’t know what this 14 percent number means, but we were quite surprised by it,” Ethier says, adding that CDC has more work to do to understand what these new data say about the opioid crisis and teens’ role in it.ViolenceThe survey also asked high-schoolers about bullying and violence at school. One in 5 said they’d been bullied at school. Fifteen percent said they’d been bullied electronically.The rate of students who said they’d been threatened or injured with a weapon at school has dropped significantly in the past decade. But students of color are still far more likely than white students to say they missed school because of safety concerns at school or in their communities.Mental HealthPerhaps the biggest red flags were in the section devoted to mental health.Roughly a third of teens surveyed said they’d experienced persistent feelings of sadness or hopelessness.”I think that’s really significant,” says CDC’s Ethier, “and certainly not what we want to see if we’re trying to send our kids into adulthood in the most healthy way.”The news is even worse for students who identify as lesbian, gay or bisexual.Nearly two-thirds reported persistent feelings of sadness or hopelessness.In fact, in every category, LGB teens were at higher risk than their heterosexual classmates. They were twice as likely to report being bullied in school or electronically, three times as likely to seriously consider suicide and four times as likely to attempt suicide.”It’s shocking and alarming and tells us that things are terribly wrong,” says Ellen Kahn, director of the Children, Youth & Families program at the Human Rights Campaign Foundation. “We seriously need to address this.”Kahn says these data are a stark reminder of the lack of protections at the federal, state, district and school level for LGB teens and of why, she says, these protections are so sorely needed. Copyright 2018 NPR. To see more, visit http://www.npr.org/.last_img read more

3 Aug

When Blessing Okoedion was 26 she headed to Spain

first_imgWhen Blessing Okoedion was 26, she headed to Spain for a job she had been offered at a computer store. In her home country of Nigeria, she had earned a degree in computer science and started her own business repairing computers.But the job offer was a ruse. Her work visa had been faked by human traffickers. There was no computer store job.After a brief stop in Spain, her captors sent her to Naples, Italy. They told her that she owed them 65,000 euros — more than $70,000 in today’s dollars. And they forced her into sex work on the streets of an Italian town.That was five years ago. Today, Okoedion is an activist working to combat human trafficking in Italy and Nigeria. She was one of 10 people honored for these efforts in June by the U.S. State Department at the 2018 Trafficking in Persons Report launch ceremony in Washington, D.C. The report is an annual assessment of foreign governments’ anti-trafficking efforts.She received the State Department award “in recognition of her extraordinary courage in using her lived experiences to … prevent human trafficking [and] her selfless efforts to assist survivors and lend a helping hand to those still subjected to the crime,” said Kari Johnstone, acting director of the State Department’s Office to Combat Trafficking in Persons, at the event.A few days after she had been forced to start working on the streets, Okoedion snuck away to a police station to report what had happened to her. The police brought her to Casa Ruth, a shelter in Caserta run by nuns who help trafficking victims, she says.Sister Rita Giaretta founded the shelter, called Casa Rut in Italian, and has been fighting against human trafficking for more than 20 years.”She’s actually the force behind me,” says Okoedion.Since 2014, Okoedion has been working with Casa Ruth. She goes on rescue missions to get trafficked girls and women from Nigeria and other countries off the streets. She helps connect women who are still on the streets with medical care. And she works to ensure trafficking victims who have escaped have the support they need, she says.Sex trafficking victims can be afraid to get medical care because they’re undocumented, she explains, so that’s often a starting point of the rescue missions.”From there, we start building confidence, then many of them start to open up, tell us everything, their fears, everything. Then we start counseling,” she says. “There are some who, when we approach them, immediately tell us, ‘I want to quit this job. I was not told about this, I just need somebody to help me.’ Then we rescue them immediately.”Once they’re free from their traffickers, a new set of challenges begins. High unemployment rates in Italy can make it tough for them to find jobs there, she says. She also accompanies trafficking victims who want to return to Nigeria through the Italy-based organization Slaves No More. The group focuses on helping Nigerian trafficking victims reintegrate into society.Okoedion travels to rural areas in Edo State, where she grew up, to tell women and girls about the tactics traffickers may use in attempts to lure them to faraway jobs that don’t exist. Benin City, its capital, is a human-trafficking hub, she says.Many women and girls who become victims of trafficking are from poor, rural areas and might not have had much education, she says. Traffickers can seem like a sort of savior.The Nigerian government is taking some steps to address trafficking. But “widespread and pervasive” corruption throughout the government and security forces makes it tough, according to the State Department’s new report.The report references international NGO and media reports of trafficking crimes by government officials, service providers and security forces at more than a dozen internally displaced persons camps. Reported crimes included forced sex in return for food.And authorities found trafficking victims from Nigeria in at least 40 countries, including Italy, during the past year. They had often been trafficked by Nigerians, the report says.Points of optimism in Nigeria: The governor of Edo State, Godwin Obaseki, declared trafficking one of his top priorities, the report says. He created a task force to fight it, which has arrested at least 10 potential traffickers so far. And the government is spending more money to fight trafficking.Even at her lowest point, Okoedion says she didn’t see her first name — Blessing — as some kind of curse.”I never attached what happened to me to my name,” she says.Courtney Columbus is a multimedia journalist based in the Washington, D.C. area. She covers science, global health and consumer health. Her past work has appeared in the Arizona Republic and on Arizona PBS. Contact her @cmcolumbus11. Copyright 2018 NPR. To see more, visit http://www.npr.org/.last_img read more

27 Jul

How to Have a Better Board Meeting

first_imgI remember the first time I sat in on a board meeting of a medium-sized public technology company. I sat in on the morning session and stayed through lunch, so I got a good look at the way the meeting ran and the dynamics of the directors, which were pretty uninspiring. I’ve since witnessed other such sessions, and I’ve asked scores of directors: “How do you think your board meetings are? What do you think it would take to have better board meetings?”Their answers and my observations are remarkably consistent. Building board dynamics, properly structuring the meeting and soliciting and implementing feedback to improve are all top of mind for these directors.Build Board DynamicsA high-performing board has strong interpersonal dynamics. The best boards contain directors who have an easy rapport with each other and can communicate and, most importantly, disagree with each other without turning others off.This kind of culture doesn’t just happen. A typical board only meets four to six times per year, so the lead director should be proactive in creating culture as part of the process of building the board.An easy and obvious way to build rapport is to have a board dinner the evening before a board meeting. (Many boards already do this.) Think about how to use this time to build rapport and trust. One way to do this is to ask a “table question” during dinner – a question everyone answers throughout the course of the meal that’s designed to help them get to know each other better.This question should be designed to invite people to go a little deeper than they normally do. It should be personal; people can choose how “deep” to go with their answers. The process is an opportunity to get to know each other’s makeup and philosophy in an informal way. It brings people together – the entire board is having one conversation.The table question can be anything that sparks reflection or allows people to tell a story. It doesn’t have to be too heavy. Some examples are: “If you had to take a year off and could not spend that time period working, where would you go and what would you do?” or “What would constitute a great day for you?” It could be something sure to provoke interesting insights, such as: “What was the worst trouble you got into as a kid?”Building a culture of trust and candor is critical for good governance and makes for more effective meetings. Board meetings require directors to espouse unpopular opinions, ask tough questions and go deeper into topics. The ability to challenge each other counteracts groupthink, which is one of the most dangerous risks of boards.Structure the MeetingA little structure goes a long way. At the beginning of the year, decide on three or so key themes to address throughout the next 12 months. One board in the defense industry with which I work decided that this year’s focus should be on: 1) the changes in the political environment and their impact on defense spending; 2) CEO succession; and 3) some acquisitions they wanted to make in cyber security. Those themes guide their meetings and help them allocate their time to strategic topics.After setting the topics for the year, the agenda for the board meeting can take shape. Send a briefing to board members five days in advance of the meeting that includes specific questions for discussion, which you should insist directors read and digest in advance. You’ll be able to go right to a brief overview and ask what questions people have, then take up the pre-planning discussion questions.There are almost always routine tasks to be dealt with – overview of financial results and debt position, new litigation that has come to light, and so on. Put those in the front of the agenda and have a plan to get through them efficiently. Discussion should be the heart of the meeting.The discussion should come from the key themes and any other strategic items that need longer consideration. In a recent board meeting of the company I mentioned earlier, the board discussed one of their hot topics – CEO succession – with a simple but lively review of the candidates they had already talked to. They were early in the process, so the goal of this discussion was to further refine their thinking about their ideal candidate.This board also used the time to discuss something that had come up recently: the possibility of international expansion. Because this was a new topic, the lead director had sent out background information with specific questions for the directors to consider. The CEO led the discussion and prepared his guidance carefully. He first made sure everyone understood the context, then he ensured that the questions were addressed, and then he asked directors who had a contrary point of view to speak first to make sure the counter-argument was given plenty of weight. The decision was not made then and there, but the discussion laid the table to make a good decision at a future meeting.DebriefThe best way to improve continuously is to debrief. Debriefing the meeting is simple: Take 20 minutes at the end of each meeting and ask each director to say what were the best elements of the meeting – what worked? Then ask: “What are one or two suggestions we can implement to have an even better meeting?” When you focus on suggestions going forward rather than “what didn’t work,” you’re more likely to get constructive points that you can implement.Build culture, set structure and debrief with rigor, not lip service, and you will see your board meetings – and your board – get stronger and more effective.AddThis Sharing ButtonsShare to FacebookFacebookShare to TwitterTwitterShare to PrintPrintShare to EmailEmailShare to MoreAddThislast_img read more

24 Jul

Why CMS Shouldnt Be Your GoTo for Legal Content

first_imgA content management system (CMS) is a great tool for almost every business. It allows for easy updates, quick access to content, organizing a blog and much more. From Squarespace to WordPress, there are hundreds of CMS tools available to enhance the presence of your content online. However, CMS solutions aren’t void of limitations.While most CMS tools are chosen for the benefits they bring to the Marketing and Business Development teams within a company, they can impact far more than just those individuals. The legal team typically doesn’t play a role in the purchase of new software or tools that the marketing or content team is using. But problems can arise when legal content is hosted through CMS tools. If an issue were to arise, a judge or lawyer isn’t going to care that your legal team didn’t have any say in purchasing a new system or tool.Legal content can include things like terms of use, disclaimers, privacy policies, and refund policies. These types of things are necessary to protect a business from unnecessary risk. But the protection it provides is only as good as the format and presentation.There are four major reasons a CMS is not the ideal platform to host legal terms:Keeping track of recordsA CMS will track changes made to a website over a certain period of time. Changes made to legal content often falls outside of what is tracked by the CMS, as this content is typically kept in text files. It’s hard to keep track of records if they are not there, and staying up-to-date on all changes made is crucial to protect yourself if you end up in a courtroom. But software does exist that allows companies to better track the changes made to any legal content that your company hosts.The placement of legal termsAny legal content must be disclosed to every customer. While a CMS can certainly present the legal content, the design and placement usually make it difficult to find, let alone navigate. An unclear tab might lead to another tab that displays a link saying, “Website Terms.” Or worse, it might end up buried in the footer of the website in a color that matches the website background, making it nearly impossible to locate. This is particularly important to note because burying your browsewrap or click-through might leave them unenforceable, which could land you in some hot water. Lack of constructive notice that the use of a website is subject to legal terms can be disastrous. Legal content that is hard to find and difficult to navigate is of little value to a business trying to protect itself.You have to show proofShould the unfortunate need arise for a business to enforce legal terms, the company will need to provide evidence that a user accepted their legal agreements. A CMS won’t be able to provide a listing of who signed the legal agreements, which is a legal team’s worst nightmare. Even if a CMS does a decent job of hosting legal content, it certainly is not going to create any type of self-contained, durable record of that legal content to use when needed. Businesses need a solution that will store the signed legal agreements and allow them easy access to the records so they can defend their company if needed.Stay on top of updatesThe best place to present legal content and have it accepted by a user is during a click-through process (think: registration forms, opt-ins, check-out flows). However, a CMS is of little help when integrating legal content into a click-through process. And there is no fast and efficient way to make updates to your legal content, which needs to be updated regularly. The legal team can save time and money by finding a better host that allows them to easily update the content of the legal agreements, without getting developers involved.ConclusionContent management systems are great, but unfortunately, they aren’t the best option for hosting legal content. It can lead to a world of trouble for a legal team and ultimately puts the business at risk. Consider solutions designed with the legal team in mind, and built specifically to manage and track website legal content. These solutions will implement best practices for design, assist in publishing legal content, and store information from clickthrough agreements, allowing a business to obtain the contract acceptance it needs. Why CMS Shouldn’t Be Your Go-To for Legal Content Brian PowersJune 19, 2019, 5:00 pmJune 18, 2019 Business DevelopmentContentcontent management systemsContractsGDPRLegal AgreementsLegal and ComplianceMarketingPactSafeWordpress Previous ArticleProfisee Adds Market Analyst Bill O’Kane to Leadership TeamNext ArticleUnity Technologies Finds That 63% of Creatives Struggle with Implementing AR Advertisinglast_img read more

18 Jul

PET scans could be used to develop best practices for dementia

first_imgBy Sally Robertson, B.Sc.Apr 3 2019Reviewed by Kate Anderton, B.Sc. (Editor) The application of positron emission tomography (PET) for amyloid plaques could aid clinical decision making for patients with dementia or mild cognitive impairment (MCI), according to a study recently published in JAMA.Sebastian Kaulitzki | ShutterstockProfessor Gil Rabiovici (Department of Neurology, University of California) and colleagues found that among individuals with MCI or dementia, amyloid PET scanning was associated with changes in clinical management within ninety days.The study was conducted following a decision made in 2013 by the US Center for Medicare & Medicaid Services that current evidence was insufficient to justify the coverage of PET scanning in the routine clinical care of patients with MCI or dementia.However, the center also adhered to a  policy of “Coverage with Evidence Development” among Medicare beneficiaries who meet the “Appropriate Use Criteria” for amyloid PET.Given that no disease-modifying treatments for cognitive impairment and dementia are currently available, the only way to assess patient outcomes in this population is to look at data relating to treatment decisions, counseling, and diagnosis.The Imaging Dementia—Evidence for Amyloid Scanning (IDEAS) study was an observational, longitudinal cohort study that included 11,409 Medicare beneficiaries (aged an average of 75 years) with dementia or MCI of unknown cause who were enrolled at 343 imaging centers in the US between February 2016 and September 2017.Ninety days after participants underwent amyloid PET scans, patient management changed compared with pre-PET visits in 60.2% of MCI patients and 63.5% of dementia patients, as assessed by a composite outcome that included drug therapy and counseling about safety and future planning.In addition, the etiologic diagnosis changed from Alzheimer disease to non-Alzheimer disease in 25.1% of cases and from non-Alzheimer disease to Alzheimer disease in 10.5% of cases.The authors note that the observational design of the study limits the attributing changes in patient management to the PET imaging results.Further research is therefore needed “to determine whether amyloid PET is associated with improved clinical outcomes,” concludes the team. Breaking news:5-minute read time.center_img Sources:Jack CR, Petersen RC. Amyloid PET and Changes in Clinical Management for Patients With Cognitive Impairment. JAMA. 2019;321(13):1258–1260. DOI:10.1001/jama.2019.1998Rabinovici GD, Gatsonis C, Apgar C, et al. Association of Amyloid Positron Emission Tomography With Subsequent Change in Clinical Management Among Medicare Beneficiaries With Mild Cognitive Impairment or Dementia. JAMA. 2019;321(13):1286–1294. DOI:10.1001/jama.2019.2000.last_img read more

18 Jul

Endogenous retrovirus type W found to be a major contributor to nerve

first_imgReviewed by James Ives, M.Psych. (Editor)Jun 28 2019Early disease stages of MS are primarily characterized by immune cell infiltration of the CNS. This causes inflammation that damages the so-called myelin sheaths. Myelin sheaths are electrically insulating structures established by specialized glial cells of the CNS, referred to as ‘oligodendrocytes’. These structures protect, nourish and stabilize axons, which transmit electrical signals between neurons.There is a large therapeutic repertoire of immunomodulatory drugs available that can effectively target the inflammatory aspects of relapsing multiple sclerosis (RMS). But when MS progresses, damage accumulates which ultimately results in irreversible deficits and clinical disability. Unfortunately, despite decades of intense research disease progression is still untreatable as there are no therapies available that either prevent damage or repair injured axons.Related StoriesNovel imaging molecule reveals brain changes linked to progressive MSNerve transfer surgery restores upper limb function in people with tetraplegiaNanotechnology treatment reverses multiple sclerosis symptoms in miceIn a new study published online on June 18 in the renowned journal PNAS a research team led by Prof. Dr. Patrick Küry from the Department of Neurology (chaired by Prof. Dr. Hans-Peter Hartung) has shed light on a novel axon damage mechanism which could be highly relevant for progressive MS (PMS) patients.As outlined by the first author of this research paper, Dr. David Kremer, the envelope (ENV) protein of the pathogenic human endogenous retrovirus type W (pHERV-W) was found to be a major contributor to nerve damage in MS. In collaboration with research teams in Cleveland (OH, USA) and Montreal (CAN) the authors demonstrated that the ENV protein drives CNS resident microglial cells to contact and damage myelinated axons.Alongside the scientific research into determining how the damage mechanism works, clinical developments aiming at neutralizing the harmful ENV protein in MS patients have also progressed. Two clinical studies conducted under the supervision of Prof. Hartung have already successfully tested the ENV-neutralising antibody temelimab. MRI scans of the participants treated in the study showed reduced damage to the nerve tissue.The Düsseldorf-based researchers and their colleagues can therefore explain why neurodegeneration is decreased in patients treated with temelimab. This antibody specifically binds to the ENV protein of the retrovirus and blocks its activity in the CNS. As stated by Prof. Hartung, future clinical studies in progressive MS patients will now have to demonstrate whether temelimab treatment can also improve clinical symptoms resulting from neurodegeneration. Source:Heinrich-Heine University DuesseldorfJournal reference:Kremer, D. et al. (2019) pHERV-W envelope protein fuels microglial cell-dependent damage of myelinated axons in multiple sclerosis. PNAS. doi.org/10.1073/pnas.1901283116.last_img read more

18 Jul

UK Canada seek to question Facebooks Zuckerberg on fake news

first_imgMark Zuckerberg has testified to the U.S. Congress. Could a visit before U.K. and Canadian lawmakers be next? UK MPs pressure Zuckerberg to testify on Facebook data breach That’s what parliamentary committees in Britain and Canada want, and they are urging Zuckerberg to show up and testify before a joint hearing of international lawmakers that are investigating fake news and how it is spread on the internet.In a letter sent to Zuckerberg Wednesday, Damian Collins, chairman of the United Kingdom’s Digital, Culture, Media and Sport committee, and Bob Zimmer, chairman of the Canadian Standing Committee on Access to Information, Privacy and Ethics, said they plan a joint parliamentary hearing Nov. 7 to form an “‘international grand committee’ on disinformation and fake news.”Collins said the nature of the hearing is such that other nations’ parliaments will also be represented at the meeting.Last week, the U.K’s national privacy regulator fined Facebook $645,000 for what it called “serious” violations of data protection rules that helped lead to the Cambridge Analytica scandal at Facebook. Citation: UK, Canada seek to question Facebook’s Zuckerberg on fake news (2018, October 31) retrieved 17 July 2019 from https://phys.org/news/2018-10-uk-canada-facebook-zuckerberg-fake.html Explore further ©2018 The Mercury News (San Jose, Calif.) Distributed by Tribune Content Agency, LLC. This document is subject to copyright. Apart from any fair dealing for the purpose of private study or research, no part may be reproduced without the written permission. The content is provided for information purposes only.last_img read more

17 Jul

Amritsar train accident Russian President Putin UN chief Guterres Canadian PM Trudeau

first_img COMMENT Published on SHARE SHARE EMAIL October 20, 2018 Russian President Vladimir Putin on Saturday offered condolences to India on a train accident near Amritsar in Punjab, which claimed 61 lives, the Russian Embassy said. According to the Russian embassy, Putin offered condolences to President Ram Nath Kovind and Prime Minister Narendra Modi on the train accident.He conveyed his support to families of the victims of the train accident. “I offer my deepest sympathies over tragic consequences of an accident on railways in the Punjab state. I ask to convey my words of sympathy and support to families and friends of the killed people and to wish the soonest recovery to those injured,” Putin said, according to the Russian embassy.UN chief Antonio Guterres has expressed his deepest condolences to the families and friends of over 60 people who died in a train accident in Amritsar, terming the incident as “tragic”.“My heart goes to all in Amritsar following Friday’s tragic accident. Earlier this month, I was honoured to visit the Golden Temple and witnessed the warmth and generosity of the people. My deepest condolences to those who have lost family and loved ones,” Guterres said in a tweet. Canadian Prime Minister Justin Trudeau also condoled the accident in which 39 of the total 61 people killed have been identified so far. “My thoughts are with everyone who has lost a loved one in the tragic train crash in Amritsar, India. Canadians are keeping you in our hearts tonight & wishing all those injured a full recovery,” Trudeau said in a tweet.The incident has sent shock waves across the country. There was an outpouring of grief with President Ram Nath Kovind, Prime Minister Narendra Modi, Punjab Governor V P Singh Badnore and several other leaders condoling the loss of lives.center_img railway accident COMMENTS SHARElast_img read more

17 Jul

Crony capitalism is a result of the basic policies of Modi govt

first_imgSHARE COMMENT Aam Aadmi Party (AAP) politics Congress general secretary in-charge KC Venugopal   –  K_MURALI_KUMAR Published oncenter_img May 07, 2019 SHARE SHARE EMAIL Unseating Modi will be done only through a joint effort of the Congress and like-minded parties, says Congress general secretary in-charge of organisation Congress general secretary in-charge of organisation KC Venugopal is busy helming the electioneering sitting at his party’s headquarters in Akbar Road. As five rounds of polling are over, he is confident of the defeat of the BJP. Talking to BusinessLine, he claimed that reports from the ground suggest that the Congress will have a “good number” of seats. He said the party is fighting not just to throw the BJP out of power, but to make the next government and fulfil promises made to the people. Excerpts of the interview:Five rounds of polling are over. What is the real motive of the Congress in 2019 elections? Is it ousting the BJP from power or making a comeback?We are fighting not just for unseating the BJP from power. We have given a lot of promises to the people. If voted to power, we will ensure justice to them. A vast majority of the people were denied justice in the last five years. Our motive is coming back to power and do justice for the people who were sidelined by the Centre. At the same time, unseating Narendra Modi will be done only through a joint effort of the Congress and like-minded parties.What is the feedback you are getting from the ground?We will have a good number of seats according to the reports from the ground.Your allies complain that the Congress did not show a magnanimous approach so that there is an alliance against the BJP.It is not correct. In Karnataka, we have given Chief Minister’s post to a party with 38 MLAs. We took such a decision to keep the BJP out of power. In Maharashtra, Jharkhand, Jammu and Kashmir and Bihar, we have alliances. Wherever an alliance is possible, we have gone for it.In Uttar Pradesh, the SP and the BSP unanimously announced an alliance. We tried to field candidates to minimise the damage in the fight against the BJP. If all the three parties are together, results would have been much better. We have chosen candidates in such a manner that they will not disturb alliance’s candidates. Our candidates are cutting BJP’s votes. It will help the alliance.What happened in Delhi?In Delhi, AAP said they will give us three seats. At the final stage, they put a condition that Haryana and Punjab should also be discussed together. Our State units could not digest that. Our Haryana unit said an alliance with AAP and Dushyant Chautala’s party will give an undue advantage for the BJP. It will indirectly help the BJP. The state unit strongly opposed it.Do you think that structural issues such as non-performing assets and banking crisis are discussed during the campaigning?The misuse and mismanagement of the economy by the current government and their policies have ruined the entire economy of the country. They promised to bring back the black money stashed abroad. Instead of doing that, they demonetised high value notes. It weakened the economy. The banks are in crisis now because of this.We will have to correct this course of economy. The credibility of our banking system will have to be restored. We believe that implementation of Nyay scheme can change the course of our economy. When the market is active, economy will grow. They ensured the collapse of the market through policy decisions such as demonetisation. They reduced purchasing power of people. Nyay will enhance the purchasing power of rural people. Rich may not spend much. Ordinary people will spend money. We will empower them through Nyay. When that money comes to the market, it will reinvigorate the economy. It will strengthen the banking system.Do you have any concrete steps to arrest NPAs? The BJP says that it is a baggage from the UPA government…This government’s policy was behind burgeoning of NPAs. Their crony capitalists such as Vijay Mallya, Mehul Choksi and Nirav Modi were the biggest beneficiaries of NPA. They didn’t do anything to arrest NPA. On the other hand, they gave a free hand to their cronies. We will find out the actual reasons of NPAs and black money. We will take remedial measures so that the economy can be strengthened. NPA is five times bigger than it was in 2014. They gave flexibility to the people behind NPAs.Congress has been attacking crony capitalism over issues such as Rafale deal. But even under your regime, there were reports by CAG and other bodies against industrial groups.Crony capitalism is a result of the basic policies of Narendra Modi government. Our leader Rahul Gandhi is very clear about it. We are not against capitalism and capitalists. We need investments. We appreciate sincere efforts from corporate houses. We will encourage them. In the name of doing business, this government is encouraging a lot of people with other intentions. Those who are genuine, have not got much help from this government. The profit of certain chosen companies increased manifold in the last five years. It wouldn’t have possible without the backing of the Centre.The Centre should have supported genuine and hard-working industrialists, particularly in the small and medium sector. They will create employment too, much better than big capitalists. One of the major fronts where this government has failed is unemployment. Two authentic reports show that unemployment rate is at historically highest level.Agrarian crisis is another major topic selected by the Congress to attack the BJP. What will you do for the farmers if you come back to power?We have concrete ideas about the agrarian and rural situation. Agrarian crisis and unemployment are mutually related issues. Employment should be generated by clubbing agriculture and small and medium industries. These sectors provide maximum number of employment. We have also promised filling up of more than two million jobs in government within stipulated time.BJP promised doubling the income of farmers. GST and demonetisation destroyed the agriculture sector. The government did not do anything for farming sector and on the other hand created lot of problems for farmers. We will revive the farm sector through some major steps. We have proposed a Budget for farmers. Giving some money to the agriculture department will not serve the purpose. We should have a budget for farmers which can see things holistically— a budget that will link agrarian crisis with unemployment, procurement, input cost of fertilisers etc.The Left parties held you personally responsible for Rahul Gandhi’s decision to contest from Wayanad… Congress president has the wisdom to take such a major decision. No one can influence him. Those who accuse me of influencing his decision are actually undermining the Congress president. There was a feeling that the Congress president should contest from South India also. Modi was trying to divide the country on communal, regional and language basis. We want to give a message that the Congress stands for national integration against Modi’s divisive strategies. State units of Tamil Nadu, Karnataka and Kerala wanted him to contest in their States. He chose Wayanad. It is a junction between three States. I don’t understand why Left is taking it as challenge against them. Rahul Gandhi hasn’t attacked Left not even in a single meeting. It is not his agenda. BJP is losing their base in Kerala because Rahul Gandhi’s presence. Their hopes of opening an account from Kerala will be damaged by Rahul Gandhi’s presence.Data shows that the BJP is in a much better position in terms of resources. How tough was the campaigning for the Congress?We had to fight a very unethical campaigning of BJP in this election. When AB Vajpayee was Prime Minister, things were much better. But under this Prime Minister, the BJP held a too low political campaign. Their clear agenda was to divert attention from the real issues of the people. One can’t imagine the money power they have. They openly announced their willingness to purchase MLAs in various States. They offered ₹25 crore each for an MLA in Karnataka. All agencies are under them. The Election Commission is busy giving clean chits. If reports are true, there are dissent voices within the EC too. The BJP is weakening constitutional mechanisms. But people understand this. The real battle is in the fields. People will defeat them.The BJP did not have a structured campaign this time than the agenda of dividing people. Their organisational mechanism also was not as strong as being portrayed. COMMENTSlast_img read more

16 Jul

Wee gives further details on RM15mil grant to Kojadi

first_img Nation 12 Jul 2019 Wee: Kojadi wrote to MACC over RM15mil grant “The Kojadi board of directors complied with IRB’s instruction and paid off the sum (on June 11),” he said in a Facebook posting on Saturday (July 13).Dr Wee said in December 2018, Kojadi failed to get the RM50mil allocation for Budget 2019, with the reason given that Kojadi and MCA were not separate organisations.”It is true that Kojadi was founded by MCA, but not all in the party is a member of the co-operative.”A person has to contribute to Kojadi and only then they are eligible for membership. Now, the co-operative is rated five stars and has about 60,000 members from different races. How can it only be for MCA members?” he said.He said on Dec 26, 2018, Kojadi chairman Datuk Ng Peng Hay wrote a letter to the Malaysian Anti-Corruption Commission chief commissioner regarding the grant, asking for advice.”I was informed by Ng that he acted in line with what was agreed with the Kojadi board of directors who took their own initiative to write to Datuk Seri Mohd Shukri Abdull,” he added.Dr Wee questioned why Ng had sent a copy of a letter that he wrote to the MACC to Finance Minister Lim Guan Eng as well.”Yayasan 1MDB is under the Domestic Trade, Cooperatives and Consumerism Ministry whereas the Co-operative Societies Commission (SKM) is under the Entrepreneur Development Ministry.”What has this got to do with the Finance Ministry?” he asked.Dr Wee said MACC replied to Kojadi’s letter on Jan 30 this year.The MACC, he added, told Kojadi that the 1Malaysia Development Board (1MDB) case was still under investigation, and had said nothing of Yayasan 1MDB.”The letter also stated that the MACC would inform Kojadi if it needed further assistance or cooperation.”So, what is wrong if Kojadi acts according to the rule of law? Fourteen board members have clarified that what was decided in a meeting on June 27, 2019 was to follow up the matter in writing with MACC, not to return the funds to them without referring to lawyers and the leadership,” he said. {{category}} {{time}} {{title}} Nation 11 Jul 2019 Dr Wee: Kojadi has written to MACC over RM15mil grant Nation 28 Jun 2019 Kojadi will write to MACC over RM15mil grantcenter_img PETALING JAYA: MCA president Datuk Seri Dr Wee Ka Siong has further clarified the events surrounding the RM15mil grant given to Koperasi Jayadiri Sdn Bhd (Kojadi) by Yayasan 1MDB.Listing a chronology, he stated that in August 2012 Kojadi had informed the Co-operatives Commission (SKM) of the RM15mil grant to implement a micro-credit scheme for the youth.Later that month, SKM replied Kojadi that it had no issues concerning the grant, he said.”A few days after Pakatan Harapan won the general election (on May 18), the Inland Revenue Board (IRB) issued a letter for Kojadi to pay taxes, including penalties and fines on the RM15mil grant received from Yayasan 1MDB in 2012. The total amount to be paid was RM1,031,606.44. Related News Related Newslast_img read more