28 Oct

a day agoTottenham planning signing spree in 2020

first_imgTagsTransfersAbout the authorPaul VegasShare the loveHave your say Tottenham planning signing spree in 2020by Paul Vegasa day agoSend to a friendShare the loveTottenham are planning a signing spree in 2020.The Daily Mail says flying full-backs Kyle Walker and Danny Rose were key figures in manager Mauricio Pochettino’s best side and Spurs feel they have lost one of their major strengths following the former’s departure to Manchester City and latter’s struggle to hit the same heights.Having signed Ryan Sessegnon, who can play down the left, for £25m from Fulham in the summer, landing a new right-back is their main priority in January.Norwich’s Max Aarons and West Brom’s Nathan Ferguson are two of Spurs’s options for that position.Beyond that Spurs intend to strengthen in central defence, central midfield and attack. They remain keen on Sporting Lisbon’s midfielder Bruno Fernandes and also have interest in Mainz forward Jean-Phillipe Mateta. last_img read more

24 Oct

House Approves Bills to Abolish Flogging

first_imgThe House of Representatives, on February 26, approved three Bills to remove flogging and whipping from the country’s statute books as a penalty for any offence. Bills passed were: the Larceny (Amendment) Act 2012; the Law Reform (Flogging and Whipping) (Abolition) Act, 2012; and the Obeah (Amendment) Act 2012. The practice of whipping and flogging ceased in Jamaica’s penal institutions in 1997 and since that time, the courts have not handed down sentencing with those stipulations. Opening the debate, Attorney General, Patrick Atkinson, noted that flogging and whipping are part of a legacy from the era of slavery. “Our people were subject to whipping and flogging as routine methods of imposing the slave master’s brutal and exploitative discipline,” the Attorney General said. He argued that flogging and whipping are considered to be degrading and inhumane treatment under international law. For his part, Leader of Opposition Business in the Lower House, Delroy Chuck, while supporting the Bills, noted that they will bring “some humanity” to the country’s system of government. “There can be no doubt that this should have been done long ago. I must admit that I thought these punishments had long been removed from the statute. The truth is that there is a strong sentiment in the country that the harsher the punishment, the less crime. There is no truth (to this),” Mr. Chuck said. The Bills were passed in the Senate on February 15.last_img read more

22 Oct

Youth Say Centres Provide Critical Support

first_imgWhen life’s challenges present themselves, it can be difficult for youth to know where to turn for help. Youth Health Centres in Nova Scotia are one option and an evaluation report released today, June 2, shows these centres are providing much needed support to youth. Youth surveyed say the centres are a place where they feel safe, secure and can have their issues and concerns addressed in a respectful and confidential manner. “We cannot underestimate the positive impact these centres have on the lives of our youth,” said Maureen MacDonald, Minister of Health Promotion and Protection. “Investments that support youth have a ripple effect on families, schools and communities. Youth Health Centres truly make life better for families in every region.” The centres are focused on youth involvement and engagement, health promotion and clinical services, community development and partnership, and also reach out to engage diverse or marginalized youth. Through these centres, youth have access to youth-centred services in 52 schools and communities across Nova Scotia. Grade 12 student Chrissy Maine leads the Youth Advisory Committee that governs the Youth Health Centre at Springhill Junior/Senior High School. Ms. Maine said since she became involved with the Youth Health Centre, she wonders about the what ifs. “What if our school didn’t have a Youth Health Centre? What if experienced professionals weren’t so easily accessible and willing to listen?” said Ms. Maine. “Students are afraid to go to hospitals and counselling, especially in such a small town where everyone knows everyone. This sadly makes us put our health at the bottom of our lists.” The provincewide evaluation measured the impact Youth Health Centres have on the health of youth, and examined how the centres engage diverse or marginalized youth in their programs and services. The evaluation revealed that Youth Health Centres: “More than 86 per cent of youth in schools with Youth Health Centres are aware of them, and more than half of them have accessed them,” said Ms. MacDonald. “That alone shows these centres are an important resource for youth in our communities.” A copy of the evaluation is available on the Department of Health Promotion and Protection website at http://gov.ns.ca/hpp/publications/HD-Youth Health Centres in NS – Evaluation 2009.pdf . provide youth with access to health services impact personal health practices and coping skills create supportive social environments and support networks reach and engage diverse and/or marginalized youth work with partners for change to support diverse and/or marginalized youthlast_img read more

22 Oct

Demandes acceptées pour les conseils juridictionnels

first_imgLes Néo-Écossais intéressés à siéger aux commissions, agences et conseils juridictionnels sont invités à faire parvenir leurs demandes au gouvernement provincial. Les commissions, agences et conseils juridictionnels, qui ont des fonctions quasi-judiciaires, jouent différents rôles et servent des intérêts divers, et sont établis par une loi ou un règlement. Les membres des conseils examinent la preuve, formulent des constatations en fait et en droit, et prennent des décisions qui ont une incidence sur la liberté, la sécurité ou les garanties juridiques d’une personne. Les membres des conseils doivent mettre en pratique les principes juridiques ainsi que les principes professionnels et techniques pour prendre leurs décisions. « Les Néo-Écossais qui sont membres des commissions, agences et conseils juridictionnels contribuent au bon fonctionnement de la démocratie pour tout le monde, » a dit Frank Corbett, vice-président du Conseil exécutif. Les demandes sont évaluées en fonction des compétences et qualités des postulants, et des besoins de chaque commission, agence ou conseil. Pour obtenir plus d’information sur les profils des postes à pourvoir au sein des conseils, les possibilités actuelles et la façon de présenter une demande, consultez le www.gov.ns.ca/exec_council/abc ou communiquez avec le bureau du Conseil exécutif au 424-4877 ou au numéro sans frais 1-866-206-6844. Le gouvernement provincial a adopté une politique d’équité en matière d’emploi, et nous invitons les demandes de personnes autochtones, afro-néo-écossaises et membres d’autres groupes raciaux visibles, des personnes handicapées et des femmes. Les personnes qui sont membres des groupes ci-dessus sont invitées à l’indiquer dans leur demande, leur lettre de présentation ou leur curriculum vitæ. La date limite pour la présentation des demandes est le 12 novembre.last_img read more

12 Oct

TimorLeste and UN launch radio soap opera on reproductive health

Launched last week by the Ministry of Health and the UN Population Fund (UNFPA), the series – Domin Familia – spotlights a typical Timorese family, the Amarals, as they deal with various subjects such as family planning and safe motherhood. “This initiative is one of the activities where the Ministry of Health emphasizes the importance of creating culturally-sensitive and rights-based materials addressed to the people of Timor-Leste,” said the Minister of Health Dr. Nelson Martins. The soap, which airs on Saturday evenings on Radio Timor-Leste (RTL), features a forbidden love story between Lena Amaral, the youngest of her family, and Julio, the son of a cock-fighter. Adding to the drama is the fact that Lena’s older brother, Octavio, is against the young couple. The 24-episode series is written and performed by local theatre group Bibi Bulak. “It aims to address reproductive health issues in an entertaining way, ensuring that the audience has access to relevant information intended to increase awareness,” according to a news release issued by the UN Integrated Mission in Timor-Leste (UNMIT). 20 March 2009A new radio soap opera featuring the forbidden love story of a young Timorese couple is the latest initiative by the Government and the United Nations to raise awareness about reproductive health issues. read more

4 Oct

General Electric will use proceeds from NBCUniversal sale to repurchase 10 billion

AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to RedditRedditShare to 電子郵件Email by Scott Mayerowitz, The Associated Press Posted Feb 12, 2013 10:32 pm MDT NEW YORK, N.Y. – General Electric is saying goodbye to 30 Rock — the famous building and the TV business born there.It’s another step in GE’s efforts to focus on less glamorous — but theoretically more profitable — ventures such as manufacturing medical imaging equipment, airplane engines and electrical generators.The Fairfield, Connecticut, company announced Tuesday that it is selling its 49 per cent stake in NBCUniversal to Comcast Corp., the largest U.S. cable TV operator, for $16.7 billion. Comcast had bought a majority stake in the television and movie company in January 2011 and was expected to buy out GE’s remaining stake over the next several years.General Electric will use the money to accelerate its share repurchase program to approximately $10 billion in 2013.“This transaction allows us to significantly increase the cash we plan to return to shareholders in 2013, to approximately $18 billion, and to continue to invest in our industrial business,” GE CEO Jeff Immelt said in a statement.GE is giving up its stake in one of America’s best-known brands.The sale includes the NBC broadcast network, which airs everything from “Law & Order” to “The Office” and “The Biggest Loser.” The company also owns cable networks Bravo, CNBC, Telemundo, USA and the Golf Channel. There’s also Universal Pictures, which over its 100 years has offered movies including “To Kill a Mockingbird,” ”The Sting,” ”Jurassic Park” and “E.T. The Extra-Terrestrial.”GE’s capital unit will also sell the floors NBCUniversal occupies in the iconic 30 Rockefeller Center building in New York as well as property in Englewood Cliffs, New Jersey, for $1.4 billion. GE will retain two floors at 30 Rock, spokesman Seth Martin said.The sale of the Rockefeller Center floors includes naming rights to the building, which has featured giant red “GE” letters at its top since 1988, a prominent part of the New York skyline.A spokesman for Philadelphia-based Comcast said the company had no comment on its plans for the 1933 Art Deco building.GE’s history with NBC goes back to 1919, when it co-founded the Radio Corporation of America, or RCA. The company pioneered commercial radio broadcasting. In 1926, RCA launched a television arm: the National Broadcasting Company, or NBC. Within two years, it had started the first regularly scheduled U.S. television programming in Schenectady, New York, then the site of GE headquarters.GE sold its stake in RCA in 1932. But in 1986, GE ended up acquiring RCA, selling off its record label and television-manufacturing business. All that remained was NBC.During the GE years, NBC was home to a number of hits including “Friends,” ”Seinfeld,” ”ER,” ”Frasier,” and the “West Wing.” Millions of American tuned in each night to watch the network’s lineup, which was sold as “Must See TV.”In 2011, GE sold its majority ownership of NBCUniversal to Comcast for $8 billion in cash and reduced its ownership share from 80 per cent to 49 per cent. Tuesday’s sale of the remaining stake gives GE cash to focus on its industrial businesses, such as building train locomotives, wind turbines and lights.In 2007, just before the financial crisis hit with full force, GE’s finance arm accounted for about 55 per cent of the company’s earnings, according to Martin. NBCUniversal contributed about $3 billion of the company’s $22 billion in operating profit.In 2012, GE’s industrial segment — including a growing energy-infrastructure business — had a profit of $15.49 billion, compared with $7.4 billion from GE Capital.General Electric CEO Immelt said that Tuesday’s sale of NBCUniversal will allow his company to “accelerate our investment in our core businesses.”Showbiz might be sexy, but for GE the profit apparently is in manufacturing the devices that generate the power for our TVs.___Scott Mayerowitz can be reached at http://twitter.com/GlobeTrotScott. General Electric will use proceeds from NBCUniversal sale to repurchase $10 billion in shares read more

3 Oct

Manitoba governments debt rising faster than predicted bondrating agency

WINNIPEG – The Manitoba government has received another warning about its rising debt.The province’s continuing inability to meet its balanced-budget targets could harm its credit rating, Moody’s Investor Services said in a recent analysis released Friday by the Opposition Progressive Conservatives.“Prolonged deficits and high-capital spending will likely result in a continued gradual increase of Manitoba’s debt burden until at least 2017-18, adding additional pressure on its current Aa1 rating with a negative outlook,” the bond-rating agency said.“A loss of fiscal discipline leading to a continued and sustained increase in debt and debt-service ratios … could result in a deterioration of its current credit profile.”A credit-rating downgrade can lead to higher interest payments on provincial debt, which leaves less money for government services.Manitoba has been running deficits since 2010 and Moody’s first warned of a possible credit downgrade last fall. Since then, the government has pushed back its plan to balance the budget by two years, to 2019.Moody’s also said the provincial debt is rising more quickly than expected — jumping from 100 per cent of the province’s annual revenues in 2009 to a predicted 150 per cent by next year.Opposition Leader Brian Pallister said the government has failed to control its spending.“They put out a budget (in April) which has a 20 per cent higher deficit projection than last year.”Premier Greg Selinger said the debt is still manageable and the province’s credit rating is better than it was under the previous Tory government.He said his NDP government has taken a balanced approach by spending money on infrastructure and keeping the economy strong.“We’ve got very good results from that. We have one of the lowest unemployment rates in the country, one of the best job-creation rates in the country.”The province’s finances are shaping up to be a key issue for the provincial election slated for next April. The New Democrats raised the provincial sales tax in 2013 despite an earlier promise that they wouldn’t, and said they would use the money for infrastructure projects and job creation.Selinger has accused the Tories of having an agenda that would cut government services and hurt the economy. Pallister has responded that the NDP’s high debt and tax increases already have hurt the economy. Manitoba government’s debt rising faster than predicted: bond-rating agency by Steve Lambert, The Canadian Press Posted Jun 5, 2015 11:16 am MDT Last Updated Jun 5, 2015 at 6:03 pm MDT AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to RedditRedditShare to 電子郵件Email read more

24 Sep

Australias minerals export infrastructure needs a whole of system approach

first_imgThe Minerals Council of Australia (MCA) says the current debate over regulation of Australia’s ports runs the risk of missing the fundamental point in addressing the systemic failures in Australia’s minerals export corridors. MCA Chief Executive, Mitchell H Hooke, said “the debate should be about the efficiency and effectiveness of the export infrastructure system – mine production, track, trains, and ports – and not merely one element of it – the regulation of ports.”The MCA welcomes the current focus of discussions at the Council of Australian Governments (COAG) and anticipates the debate will be much broader than merely the question of regulatory institutional arrangements governing ports. It says COAG should focus on the need for simple, transparent, nationally consistent regulation that promotes efficiency and alignment of capacity and economic interests throughout the entire export chain. And there should be due recognition of the real progress in gearing up Australia’s export capacity on account of improvements in regulatory outcomes and a significant increase in public and private investment in capacity. Nevertheless, the large coal shipping queues demonstrate the imperative for further regulatory reform and investment in expanded capacity.MCA belives the Australian Prime Minister’s Export Infrastructure Task Force got it right – the system is best served by market based solutions, regulation only where the market is failing, and a national regulator where there is a failure in national consistency across existing State regulators. Market based solutions are best served by an alignment of those with a direct economic interest in the operation of the logistics chain, such that those with direct interest have direct equity – that is, the minerals producers, and the owners and operators of the rail system and the ports. It is only where there is an alignment of capacity and pricing with performance that the fundamental economic drivers for improved cooperation and coordination in the use and expansion of infrastructure is optimised. That is, those with direct equity share the costs and the benefits of throughput.The iron ore export infrastructure in the Western Australian Pilbara is an optimal alignment model, where the iron ore producer is the owner and operator of the rail system and the ports. In these cases, the system is vertically integrated – so by definition, interests are aligned – and subject to very little economic regulation – their response to increased global demand has been timely, effective and efficient.In contrast, Australia’s east coast coal export corridors are a complex system of multi-user and multi-owner public/private infrastructure – and thus all parts of the coal chain are only generally aligned and have different economic drivers. For example, the NSW Hunter Valley export coal chain comprises many individual coal producers, two major rail track providers, two train operators, the port is owned by the Government, the coal loading facility is provided by a private coalition of companies, and bulk shipping is not synchronised. As a consequence, the export system has struggled to efficiently and effectively meet the increasing global demand for coal, incurring significant demurrage and opportunity costs. This, notwithstanding a significant improvement in regulation and a significant increase in public and private investment in capacity.Over the last 18 months or so, MCA reports, there has been significant investment increasing coal port and rail and rolling stock capacity. In excess of A$500 million of public and private sector investment has been made in the New South Wales (NSW) Hunter Valley and about A$700 million in port expansions in Gladstone Port in Queensland, along with A$320 million of public investment in various rail line upgrades and expansions in Queensland. More than A$400 million has been invested at the Dalrymple Bay Coal Terminal in Queensland with a further upgrade of A$640 million committed and A$200 million in expansions are underway at Abbot Point and Hay Point Coal Terminals.All this has increased coal export chain capacity in Queensland and NSW by around 13% and 21% respectively. And more is planned, such that by 2008 there is an estimated increase of 35% of capacity in Queensland and a further 12% in NSW. There are a number of key initiatives under consideration, which include: Queensland Government feasibility studies on a new rail link and complementary port capacity at Abbot Point Further expansion of the Hay Point Coal Terminal to 55 Mt/y – committed (an increase of greater than 25%) Further expansions and new facilities at Gladstone Port A$530 million for the construction of a third coal loading terminal at Newcastle in NSW with an estimated initial throughput of 30 Mt/y.However, the MCA contends that “despite this significant increase, there is a continuing imperative for further co-ordinated planning and investment in vital export infrastructure, which cannot be artificially constrained by an unresponsive, inefficient, poorly co-ordinated, nationally inconsistent regulatory system.last_img read more

21 Sep

Two planes land blind at Reagan National Airport after ATC goes dark

first_imgWhen an airplane lands, it’s essentially making a controlled fall. If you’re in that plane while you’re landing, there you are, hurtling to the ground at 32 feet per second per second strapped to several tons worth of fuel and metal. It’s a disheartening thought, and the only real comfort you have in the situation is the skill of the plane’s pilot… and the fact that there’s a crew of people in the air traffic control tower watching out for you, making sure you don’t smack right into another plane.On Wednesday morning, the passengers of two DC airliners had only their pilots’ skill to depend upon. As the two planes approached Washington DC’s Reagan National Airport, the pilots — as usual — radioed in for landing guidance from air traffic control. There was no answer. They tried again. Still no answer. In fact, they never got a response.AdChoices广告With fuel running low and nothing to do, the two pilots — who were responsible for the combined safety of 165 passengers — decided that they had to land, and coordinated between themselves to land with a minimum of danger. They called into their airlines, confirmed which runways they were supposed to be approaching, did a few drive-bys to make sure there weren’t any other planes in the way… and then landed blind.No one really knows what happened. Since the Reagan National Airport isn’t commenting, the most likely explanation is that either someone got locked out of the Air Traffic Control tower, or the air traffic controller fell asleep at his desk.This could have been a huge disaster. While not a lot of planes land after midnight, those that do are even more in need of guidance from the air traffic controller, as it is common for airport maintenance workers to tow jets across runways late at night. Thank goodness luck was on those pilots’ side.Read more at Washington Postlast_img read more

21 Sep

Simply brilliant Watch the Iodine Clock reaction in slow motion

first_imgThe Iodine Clock is one of the more famous chemical reactions because it’s fairly easy to set up and can be performed without any seriously dangerous substances. You might have seen the Iodine Clock before, but not like this. Now you can check out the reaction in slow motion.The Iodine Clock is so-called because it can be precisely tuned to go off after a certain time by varying the concentration of the reactants. So what you see happening is two colorless liquids being combined in a beaker, and for a moment, nothing happens. Then the solution suddenly snaps to dark blue or black in a split second. It’s an impressive trick, and also useful experiment to demonstrate chemical kinetics.There are a few ways to do the Iodine Clock, all of which give the same results. However, all methods rely on Iodine to cause a colored reaction with starch. The example in the video uses the Iodate method. There are several reactions happening when you combine the iodate with the starch, but you can watch the video for all the details. The important part is that the reactions will proceed and consume all the color-producing Iodine until one of the reactants runs out (in this case it’s bisulfate).When one of the reactants runs out, that’s an example of kinetics. You can actually calculate how much time you want to elapse before the reaction breaks down (but make sure your Iodine source isn’t the limiting reactant!). When that does happen, the Iodine builds up and causes a dramatic color change as it reacts with the starch in solution.In the slow motion video we can actually see that the liquid is not changing color all at once, despite what out sluggish human eyes tell us. The change is coming on in several areas at once as spindly tendrils of inky blue. This happens because when the solutions are combined the concentration is not uniform across the entire container — there are localized areas where the reaction breaks down and Iodine builds up faster. Not only is it cool science, it’s a cool video too.last_img read more

20 Sep

2011 une année pour réhabiliter limage de la chimie

first_img2011, une année pour réhabiliter l’image de la chimieL’Année Internationale de la Chimie (AIC) a été lancée la semaine dernière au siège de l’Unesco, à Paris.Elle fascine et fait à la fois peur car on ne la connaît pas si bien que cela. Elle, c’est la chimie, dont l’Année Internationale a été lancée le 27 janvier dernier à Paris, au siège de l’Unesco. Le but de l’opération est de faire découvrir les aspects encore méconnus de cette science pourtant fondamentale pour notre quotidien. Une science trop “souvent décriée”, “comme tout ce qu’on ne comprend pas bien”, a expliqué à 20minutes.fr Nicole Moreau, présidente de l’Union internationale de chimie pure et appliquée (IUPAC), co-organisatrice de l’événement.Afin de tenter de résoudre quelque peu ce problème, colloques et conférences scientifiques, expositions, rencontres avec des chercheurs dans leurs laboratoires ou encore expériences sur l’eau dans des milliers d’écoles et de lycées dans le monde vont être organisés dans le cadre de l’AIC. “Nous allons mettre l’accent sur la chimie verte, ce qu’elle peut apporter dans le débat sur le changement climatique et la préservation de l’environnement. L’énergie solaire, les biocarburants, c’est en partie de la chimie”, a pour sa part noté la directrice générale de l’Unesco, Irina Bokova. Cette dernière espère que l’AIC permettra “de passer le message aux pays en développement qu’il ne faut pas forcément copier le modèle européen ou américain, comme l’utilisation des produits chimiques dans l’agriculture. Il faut éviter de refaire les mêmes erreurs”. Le 31 janvier 2011 à 11:36 • Emmanuel Perrinlast_img read more

20 Sep

Five Points Festival 2018 Designer Toys Indie Artists and Street Art Galore

first_imgFive Points Festival welcomed toy enthusiasts to its second annual event at Brooklyn Expo Center this past weekend (June 2nd  – June 3rd). Founded by Clutter Magazine, Five Points Festival is a curated collision of toys, art, and counterculture, and the perfect environment for toy collectors, tastemakers, and independent artists. Unlike the multimedia goliath that is New York Comic Con, Five Points is a more intimate experience that showcases the depth and culture of designer toys and street art, with show-exclusive figures, panels and meet-and-greets with toy designers and artists (including Ron English and Tara McPherson), and the Designer Toy Awards event on Friday night.Although many of the featured and most coveted items at Five Points were show exclusives and limited edition (and often outside of the price range of a casual convention attendee), the show was filled with incredibly cool toys and collectibles that ranged from budget-friendly prices (such as enamel pins, blind box toys, and stickers) to one-of-a-kind art pieces and vintage toys you never knew existed that were incredibly fun to browse.Check out some of the stellar toys, art, and collectibles that we saw at Five Points Festival!View as: One Page Slides1. Skull Toys & Friends2. Sonny Angel3. Sukeban NYC4. stupidtreasure x Sukeban NYC5. Naoshi6. Naoshi7. Toy Tokyo8. Genesis 54, Inc.9. Genesis 54, Inc.10. Sunguts11. BxE Buttons12. 1000 Toys13. 1000 Toys14. Mighty Jaxx15. Designer Toy Awards Dunny Show16. Designer Toy Awards Dunny Show17. Designer Toy Awards Dunny Show18. Negora x My Plastic Heart19. My Plastic Heart20. Wonder Woman, by Tara McPherson21. Mishka NYC22. Instinctoy23. Nugglife24. Instinctoy25. Toy Tokyo26. Planet-X27. Black Book Toy28. Black Book Toy29. Black Book Toy30. KT Ferris Creations31. Super732. Super733. Unbox Industries34. Unbox Industries35. The Outer Space Men36. KidRobot37. Martian Toys38. Martian Toys39. Martian Toys40. DunnyLet us know what you like about Geek by taking our survey.last_img read more

5 Sep

Issue of sovereign gold bond postponed to November 30

first_imgThe issue date of the first tranche of Sovereign Gold Bond scheme has been extended by four days to November 30 to enable their proper processing, the government announced on Wednesday.A finance ministry statement said a large number of applications has been received by banks and post offices, and “to enable smooth uploading of applications into RBI’s E-kuber system, particularly by the post offices, it has since been decided to shift the issue date of the Sovereign Gold Bonds from November 26, 2015 to November 30, 2015”.Subscription for the sovereign gold bonds, announced by Finance Minister Arun Jaitley in the 2015-16 budget as a financial asset serving as an alternative to the precious metal, was open from November 5 to 20.The finance ministry announced last month that the bonds, issued by the Reserve Bank of India on its behalf, would be sold through banks and notified post offices.The scheme, so far, has generated lukewarm response, with bankers pegging the overall collections at Rs.150 crore. This, according to banks, is owing to a higher issue price, which the RBI had set at Rs.2,684 per gram, while the ruling market price was lower.The gold bonds are denominated in multiples of gram(s) of gold with a basic unit of one gram while the minimum investment limit is two grams and the maximum subscription is 500 grams per person per fiscal. For joint holders, the limit will be applied on the first holder.As per the scheme, the gold bonds will be sold only to resident Indian entities including individuals, Hindu undivided families, trusts, universities, and charitable institutions.The issue and redemption price are in Indian rupees fixed on the basis of the previous week’s (Monday-Friday) simple average of closing price of gold of 999 purity published by the India Bullion and Jewellers Association Ltd.The bond tenure will be eight years with exit option beginning the fifth year onwards. The bonds will also be tradable in the bourses.The rate of interest will be 2.75 percent per annum payable semi-annually on the initial value of investment.Bonds can be used as collateral for loans. The loan-to-value (LTV) ratio is to be set equal to ordinary gold loan mandated by the RBI from time to time.As to the tax treatment, interest on gold bonds will be taxable as per the provision of Income Tax Act, 1961 and the capital gains tax shall also remain same as in the case of physical gold.last_img read more

5 Sep

Sensex rebounds by 213 points on bargian hunting

first_imgBargain hunting and unravelling of short positions by investors propelled a barometer index of the Indian equities markets into provisionally closing with gains of 213 points on Thursday.The barometer 30-scrip sensitive index (Sensex) of the Bombay Stock Exchange (BSE) made gains after six consecutive days of losses. It provisionally closed higher by 213 points or 0.85 percent during the day’s trade.Similarly, the wider 50-scrip Nifty of the National Stock Exchange (NSE) made gains during the day’s trade. It rose by 71 points or 0.93 percent at 7,683.25 points.The Sensex of the S&P Bombay Stock Exchange (BSE), which opened at 25,136.71 points, provisionally closed at 25,248.56 points (at 3.30 p.m.) — up 212.52 points or 0.85 percent from the previous day’s close at 25,036.05 points.The Sensex touched a high of 25,289.58 points and a low of 25,034.14 points during the intra-day trade.The barometer index had receded by 1,134.23 points during the last six consecutive sessions, whereas the NSE Nifty declined by 343 points.Market observers said that short coverings of position by investors led the relief rally after six consecutive days of losses.”Markets ended in the green after six straight sessions of losses led by covering of short positions by traders,” Vaibhav Agarwal, vice president and research head at Angel Broking, told IANS.Agarwal pointed out that markets positive trajectory might be short-lived due to the logjam in parliament and absence of fresh triggers.”We do not expect any meaningful upside from current levels in the absence of any major trigger,” Agarwal elaborated.”Investors will watch out for inflation and industrial production data over the next couple of days, for further direction. We also expect volatility to spike next week ahead of the US FOMC (Federal Open Market Committee) meet.”Lately investors confidence was eroded due to the logjam in parliament which has dimmed the prospects of the Goods and Services Tax (GST) bill getting passed during the winter session.Should the bill not secure clearance in this session, it will miss its intended roll-out date of 1 April next year.Moreover, the continued selling of equities by the foreign investors ahead of a likely US rate hike spooked investors.Apart from value buying and short coverings, forecast of positive monthly industrial output and inflation data points slated to be released on Friday brought back investors said Anand James, co-head, technical research desk with Geojit BNP Paribas Financial Services.”Forecast and expectations of healthy index of industrial production (IIP) data and cooling of consumer price index (CPI) has added positive sentiment to the markets,” James told IANS.last_img read more

5 Sep

China vows to safeguard its companies after US blacklists Huawei

first_img US Justice Department Files Criminal Charges Against Chinas Huawei Huawei 5G TVHuaweiChina has warned against further retaliation after telecom giant Huawei was barred by the Trump administration from the US market. Taking strong note of the decision taken by the US President Donald Trump to bar American companies from installing the foreign-made telecom equipment posing a national security threat, Beijing has vowed to safeguard the rights and interest of its business firms.On Wednesday Donald Trump signed an executive order to bar US firms from installing the foreign-made telecom equipment which poses a national security threat. China has accused the US of taking the decision to purposely ban Huawei from US networks. Reacting sharply to Trump’s decision, Chinese Foreign Ministry spokesman Lu Kang said: “China will defend its business’ rights and interests. As for China’s view on the executive order (of Trump), we can say that nobody says this as a constructive and friendly gesture.” The US has raised apprehensions on Huawei-the world’s largest provider of telecommunications equipment for a possible spying risk to Western infrastructure networks. China’s Ministry of Foreign Affairs spokesman Lu Kang speaks during a briefing in BeijingGREG BAKER/AFP/Getty ImagesThe decision to restrict Huawei comes amid a fresh round of trade war between two of the world’s largest economies. The effect of the trade war can also be felt in the Indian markets, as the overseas investors offloaded over Rs. 1142 crore local shares on Wednesday trade. Lu said: “We have noted the US Department of Commerce decision. China always asks its business to comply with laws and regulations in export control and fulfill its international obligations. We always ask them to abide by other country’s laws regulations in their overseas business.”He further went on to add: “But we are against other countries’ unilateral sanctions based on domestic law and practices that abuse export control measures. We urge the US to stop such practice and create favorable conditions for business cooperation. China will take necessary measures to safeguard Chinese business’ legitimate rights and interests.” Close IBTimes VideoRelated VideosMore videos Play VideoPauseMute0:01/1:20Loaded: 0%0:01Progress: 0%Stream TypeLIVE-1:19?Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedSubtitlessubtitles settings, opens subtitles settings dialogsubtitles off, selectedAudio Trackdefault, selectedFullscreenThis is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window. COPY LINKAD Loading … Apparently, Huawei is fighting a major legal battle against the US to restrict the extradition of its CFO Meng Wanzhou, who was arrested in Canada for violating American sanctions against Iran. Meng, the daughter to Huawei owner Ren Zhengfei, has been put behind the bars for her role in misleading banks about the company’s business dealings. However, Huawei has argued that the Trump administration is purposely targeting the company as it has emerged as a major challenge for the next generation 5G telecom technology.last_img read more

3 Sep

Man killed in Satkhira gunfight

first_imggunfightAn accused of a rape incident was killed in a reported gunfight with police in Hijaldi village of Kalaroa upazila in Satkhira early Sunday, reports UNB.The deceased is Sohag Dalal of Boalia village and the lone accused of the rape case, filed on Saturday, in connection of raping a class III student.Being tipped off a team of police in a drive arrested Sohag around 2:00am, said Biplab Nath, officer-in-charge of Kolaroa Police Station.Sensing the presence of the law enforcers, Sohag and his associates hurled brick chips and bombs towards police, prompting them to retaliate, triggering the gun battle, leaving Sohag injured, said the OC.Later, he was rushed to Kolaroa Upazila Health Complex where doctors declared him dead. Two assistant sub-inspectors were also injured during the ‘gunfight’.Police also recovered one shooter gun and five round bullets from the spot.The law enforcement’s version of the event was, however, not verified independently as no version of the incident was available immediately either from any witnesses or from any members of the victim’s family.last_img read more

19 Aug

Princess upgrades group shore excursions with Local Connections

first_img Tuesday, January 10, 2017 Share Travelweek Group SANTA CLARITA — Princess Cruises has created a new department specially designed for group shore excursions that both travel agents and guests can access.The department centres around Princess Cruises’ ‘Local Connections’ program, tapping the knowledge of destination experts and locals for creative feedback and suggestions for shore excursions. Using ‘Local Connections’ the department can better cater to a group’s interest and personalize excursions for those passengers. Both the onboard team and the shore team will work together to ensure seamless organization and execution, says the cruise line.“Getting out to truly experience the magnificent destinations around the world as a group is one of the many ways Princess can introduce guests to the world’s most memorable destinations,” said Bruce Krumrine, Princess Cruises Vice President of Shore Excursions. “We offer competitive net pricing and a wide array of excursion options through the personal assistance of our destination experts. Through our Local Connections program, we continue to innovate our tour experiences ashore and our groups team will take full advantage of the suggestions and creativity of those partners that know the destination best.”More news:  Sunwing offers ultimate package deal ahead of YXU flights to SNU, PUJThe department works with both small (six to 15 passengers) and large (16 passengers or more) groups including family reunions, sports, church, special interest groups and more. Private cars, vans, transfers and boats are available and the department can accommodate a variety of budgets. Customized tours arranged through travel agents are commissionable.Sample tours include:A Michelin Restaurant Experience:  A Cooking Class at Kokkeriet – Located on a corner in Nyborder, Copenhagen, Kokkeriet is a gourmet restaurant that was awarded one Michelin star in 2006. A modern European cuisine, Kokkeriet uses fresh ingredients of the season with the menu changed monthly. With the chef, guests learn about the techniques used to create Michelin quality food; the raw materials used; their background and personal story; and enjoy the ‘home made’ meal with Michelin wines matching the menu.Phillip Island Penguin Tour by Helicopter – Touring in a ranger, guests explore Melbourne’s bayside coastline and the Mornington Peninsula en route to Phillip Island, with about 45 square miles to view the home of seals, koalas, mutton birds and the largest colony of little penguins in existence. Guests can see the packs, sometimes 300 strong ‘rafts’ of penguins, to protect them from predatory sharks and seals. After, passengers can enjoy a meal at a local restaurant with homegrown ingredients before returning to Melbourne and the ship on a private vehicle.More news:  War of words between Transat, Group Mach ramps upFor more details e-mail GroupShoreExcursions@princesscruises.com. Posted bycenter_img Tags: Princess Cruises, Wave Season << Previous PostNext Post >> Princess upgrades group shore excursions with ‘Local Connections’last_img read more

19 Aug

Fun Fast Facts about The Beaches of Fort Myers Sanibel

first_img<< Previous PostNext Post >> Thursday, April 4, 2019 Tags: Fort Myers, Fort Myers Spotlight 2019, Spotlight Share Travelweek Group center_img Posted by Consumers often ask “What sets The Beaches of Fort Myers & Sanibel apart from the rest of Florida?” Well, there is a lot actually and here are just some of the fun facts about the area that you can share:Southwest Florida International Airport (RSW) is an award-winning facility with Air Canada and WestJet providing year-round nonstop service from Toronto (and seasonal service from Ottawa and Montreal).Lee County, Florida, has more than 100 barrier and coastal islands to explore.Edison and Ford Winter Estates is a must-see attraction. Thomas Edison, who spent many winters in Fort Myers, is considered the most inventive man who ever lived, holding 1,093 patents for everything from light bulbs, cement and phonographs to the natural rubber he made from goldenrod.The banyan tree at the Edison and Ford Winter Estates, a gift from industrialist Harvey Firestone, is one of the largest of its kind in the U.S. The tree’s aerial roots now have a circumference of more than 400 feet.Gifts from the sea – The Beaches of Fort Myers & Sanibel is ranked to have some of the best shelling in the world with over 400 species of shells including the rarest of them all, the brown speckled junonia.You will find shell seekers on Sanibel Island in the famous “Sanibel Stoop” position all day looking for treasures.Cape Coral has more canals than Venice, Italy.The area is home to a very high concentration of bottlenose dolphins.Known as the Tarpon Capital of the World, thanks to the best tarpon migration. The Beaches of Fort Myers & Sanibel area is truly a fisherman’s paradise.Over 190-miles of canoe and kayaking trails, The Great Calusa Blueway is named after the Calusa Native Americans, the first residents of the area.Seafood – Fort Myers has a shrimp fleet on San Carlos Island which offloads more Florida pink shrimp than anywhere else in Florida.Fort Myers is the spring training home of Major League Baseball teams the Boston Red Sox and the Minnesota Twins.Sanibel Island is known for having no buildings taller than the tallest palm tree (three stories), 26 miles of off-road bike paths and restaurants/stores that are all locally owned.N. “Ding” Darling National Wildlife Refuge – This wildlife refuge, containing more than 6,400-acres, and nearly half of Sanibel Island, was established in 1945 and is one of the top birding hotspots in the nation.Offshore Sailing School, operating out of South Seas Island Resort on Captiva Island and Pink Shell Beach Resort & Marina on Fort Myers Beach, is America’s #1 Sailing School.Cabbage Key, one of the many offshore islands, features a historic inn and restaurant where the walls, beams and ceiling are papered in more than $70,000 autographed dollar bills. About $10,000 a year falls off, which goes to charity.For those seeking a secluded spot for a wedding in paradise, who can resist a wedding under a gazebo at Lovers Key, Florida’s most romantic state park.Key West Express – Enjoy the tropical island paradise of Key West in just 3 ½ hours when you travel from Fort Myers Beach to America’s southernmost city with the Key West Express. Modern and spacious jet-powered vessels offer year-round, high-speed service to the vacation spot of pirates, poets, presidents and partygoersFor more information on The Beaches of Fort Myers & Sanibel visit www.fortmyers-sanibel.com Fun Fast Facts about The Beaches of Fort Myers & Sanibellast_img read more