Virat Kohli, ruthless on the field, is a soft-hearted good Samaritan off it

first_imgVirat Kohli is an aggressor on the field; yet when he is off that competitive turf, he exhibits the opposite – calm, soft and giving.Recently in the Indian Premier League, Virat Kohli made a comeback after a short-injury lay-off and in the three matches that he has played, he has already scored two half tons. It has been long established that his much-criticised aggression is what makes him so dominant in the record books.While he is establishing his feet in the Indian Premier League 10, Kohli along with his Royal Challengers Bangalore teammates AB de Villers and Shane Watson visited the Tamahar Care Centre for “special children” stamping it yet again that off-the-field he’s all heart.Along with a photograph of himself, AB and Watson with a kid, Kohli wrote on his Instagram profile, “Came to meet some really special children at tamahar with Shane and AB. What a special time and so much to learn from them. Just happy with small things in life.”Time and again, Kohli has opened up with his soft side to his fans constantly giving them a sneak peek into his personal life, happenings and thoughts.Love being lazy at home with this naughty little dynamite. Unconditional Love ???? Virat Kohli (@imVkohli) October 12, 2016Very recently, on April 18, Kohli had gone to visit CARE, a rescue and rehabilitation centre in Jakkur and what was originally supposed to be just a visit turned into Kohli spending time with the dogs and cats there for nearly an hour.Moreover, he also adopted 15 destitute dogs and decided to take care of the crippled and blind ones, according to Sudha Narayanan, founder and trustee of the organisation.On Women’s Day this year, Kohli also posted on Instagram a picture with his mother and alleged girlfriend Anushka Sharma saying, “Happy women’s day to every woman out there, but specially to the two strongest women in my life. My mom for looking after the family in toughest times in life and Anushka Sharma for fighting against the odds regularly and standing up for righteousness and changing the norms.”Kohli came under the scanner for his immense aggression and sledging during the Test series against Australia and clearly, his movement on the field, his expressions and body language exuded assertiveness and almost an element of antagonism. But it is this zeal and confidence that he has managed to transgress into his teammates which has made this Indian team look so spirited.Despite all the controversy around his on-field antics, Virat Kohli has always managed to assert that he has immense compassion for all beings off the competitive field.last_img read more

Injured Nick Kyrgios withdraws from Rome Masters

first_imgAustralian tennis player Nick Kyrgios has retired from the Rome Masters due to injury and is set to be replaced by Aleksandr Dolgopolov of Ukraine.Kyrgios, who fell in the knockout stages of the Madrid Open against Spanish star Rafael Nadal, was scheduled to meet title contender Novak Djokovic of Serbia in the round of 16.But the World No.18 withdrew on Tuesday because of a hip problem, according to the organisers.The absence of the Australian presents a chance to Dolgopolov.The World No.89 had lost on Sunday against Nicolas Almagro of Spain in the qualifying rounds of the Rome Masters.He will meet Spanish Roberto Bautista Agut in the first round.last_img read more

Behind Moustakas HR, Royals Beat O’s, 6-4

first_imgBALTIMORE — Alcides Escobar doubled in the go-ahead run in the ninth inning, Mike Moustakas extended his home run-binge and Kansas City remained perfect in the playoffs, beating the Baltimore Orioles 6-4 Saturday for a 2-0 lead in the AL Championship Series.Now, the Royals head back to Kansas City with the knowledge that no team has ever lost a best-of-seven LCS after winning the first two games on the road.“We don’t want to be the first team to do that,” designated hitter Billy Butler said. “That’s all I get from that.”Lorenzo Cain had four hits, scored twice and drove in a run for the wild-card Royals, who are 6-0 in the playoffs this year, including 4-0 on the road. The Orioles hadn’t lost two in a row in Baltimore since June 28-29, but Kansas City found a way to quiet the towel-waving, screaming crowds.“The atmosphere here is great. It didn’t affect us,” Butler said. “Now we’ll go home and see if they can play in our atmosphere.”Moustakas homered for the fourth time in five games as the Royals won their ninth straight in the postseason, a string dating to the 1985 World Series.“To come in here and win two games against a great team like that, it’s huge for us,” Moustakas said. “A lot of confidence going back home.”Game 3 is Monday at Kauffman Stadium. Former Oriole Jeremy Guthrie will start for the Royals against either Wei-Yin Chen or Miguel Gonzalez.Manager Buck Showalter’s team has lost two in a row at Camden Yards for the first time since June 28-29, and now the Orioles must buck history to earn its first pennant since 1983. No club has ever won a best-of-seven LCS after dropping the first two games at home.“If one team can do it, it’s us,” slugger Nelson Cruz said.“The series ain’t over,” insisted Adam Jones, who hit his first playoff home run. “If you guys (are) thinking it’s over, why are we going to show up on Monday?”After squeezing out an 8-6 win in 10 innings on Friday night, the Royals again took apart the Baltimore bullpen with a late uprising.With the score tied at 4 in the ninth, Omar Infante beat out an infield roller off Darren O’Day, the losing pitching for the second straight day.Zach Britton entered, and Moustakas laid down a bunt that moved pinch-runner Terrance Gore to second. Alcides then sliced an opposite-field grounder inside first base to bring home Gore.Two batters later, Cain hit an RBI single.At St. Louis, Madison Bumgarner pitched shutout ball into the eighth inning and the San Francisco Giants combined just enough hitting with a couple of defensive errors by St. Louis to beat the Cardinals 3-0 in the NL Championship Series opener.Bumgarner set a major league postseason record with 26 2-3 consecutive scoreless innings on the road.The Giants lefty was in complete command while 20-game winner Adam Wainwright failed to last even five innings for the Cardinals.San Francisco has won 12 of its last 13 in the postseason, including three straight to erase a 3-1 deficit in the 2012 NLCS against St. Louis.Jake Peavy gets the Game 2 start for the Giants on Sunday night against Lance Lynn.TweetPinShare0 Shareslast_img read more

IBASE: 3x4K fanless digital signage player powered by AMD Ryzen Embedded R1000 SoC

first_img Continue Reading Previous How OpenChain certification aids open-source transparency for identifying security vulnerabilitiesNext RTI: accelerate autonomous system development with Connext DDS IBASE Technology rolls out its SI-323-N triple-HDMI digital signage player based on the AMD Ryzen Embedded R1000 SoC with AMD Radeon Vega 3 Graphics that enables unparoled graphics performance and optimal power efficiency. The compact and fanless player is designed with hardware acceleration to support 4K @60Hz resolution for each independent display and suitable for space-constraint deployment in airports, shopping malls, restaurants and other commercial establishments.The SI-323-N features energy-saving and remote monitoring technologies with IBASE iCONTROL for power-on/off scheduling, automatic power recovery and low temperature boot protection, as well as hardware EDID (Extended Display Identification Data) that prevents display problems caused by disconnection of cables, unrecognized displays or power interruption. Furthermore, the new built-in display monitoring function helps monitor display status from the field sites continuously. It comes with 8GB of DDR4 system memory, two Gigabit Ethernet, and expansion interface such as Mini PCIe, M.2 E-Key for wireless functions, and M.2 M-Key for storage. The SI-323-N works with both Windows 10 IoT Enterprise and Linux Ubuntu operating systems.Share this:TwitterFacebookLinkedInMoreRedditTumblrPinterestWhatsAppSkypePocketTelegram Tags: Boards & Modules last_img read more

India v New Zealand semi-final to resume on Wednesday after rain delay

first_img India v New Zealand: Cricket World Cup semi-final to resume on Wednesday – as it happened Reuse this content Cricket Facebook Twitter … we have a small favour to ask. More people are reading and supporting The Guardian’s independent, investigative journalism than ever before. And unlike many new organisations, we have chosen an approach that allows us to keep our journalism accessible to all, regardless of where they live or what they can afford. But we need your ongoing support to keep working as we do.The Guardian will engage with the most critical issues of our time – from the escalating climate catastrophe to widespread inequality to the influence of big tech on our lives. At a time when factual information is a necessity, we believe that each of us, around the world, deserves access to accurate reporting with integrity at its heart.Our editorial independence means we set our own agenda and voice our own opinions. Guardian journalism is free from commercial and political bias and not influenced by billionaire owners or shareholders. This means we can give a voice to those less heard, explore where others turn away, and rigorously challenge those in power.We need your support to keep delivering quality journalism, to maintain our openness and to protect our precious independence. Every reader contribution, big or small, is so valuable. Support The Guardian from as little as $1 – and it only takes a minute. Thank you. Cricket World Cup 2019 New Zealand captain Kane Williamson scored 67 before being caught by India’s Ravindra Jadeja. Photograph: Robbie Stephenson/JMP/Rex/Shutterstock Williamson’s half-century took 79 balls and he was seeking acceleration when he was caught at cover off Chahal; he paused briefly and stared at the surface to suggest it had betrayed him. Taylor hit the solitary six of the innings in between seeing Colin de Grandhomme and Jimmy Neesham come and go. From the 40-over mark onwards there was a hint of acceleration. And then the rain came.So there was much sitting and speculating. It was established that, if a 20-over match had been possible to complete the semi-final on Tuesday India’s target would have been 148.Although the abandonment at 6.20pm was a disappointment, the outcome of the game should have more credibility if both sides have their 50-over quota available, which will now be the case – assuming the Manchester weather is more cooperative on Wednesday. The Spin: sign up and get our weekly cricket email. Topics England World Cup semi-final is biggest game of our careers, says Ben Stokes Share on LinkedIn Share on WhatsApp Pinterest Share on Facebook Read more In fact Kumar thought he had a wicket with the first ball of the match. He sought a review against Martin Guptill, which proved a mistake. The upshot of that was that India had used up their review with 49.5 overs of the Kiwi innings remaining.Given Guptill’s current form it may have been wiser to save the review for someone else. He barely middled a ball from Kumar or Bumrah before edging to Kohli at second slip. Share on Pinterest So Williamson began his restoration act early again and he took his time alongside Henry Nicholls. After 10 overs the Kiwis had only 27 on the board and their captain did not seem in the least worried by that – though it is hard to tell what Williamson is thinking out there. He just kept playing the ball on its merits.The partnership was worth 68 when Nicholls was bowled by a Jadeja delivery that had eyes popping. Despite this being a fresh pitch the ball turned surprisingly through the left-hander’s gate. Now Taylor and Williamson continued with a cagey approach. For more than 13 overs there were no boundaries, a sequence ended by a pulled drive by Williamson against Yuzvendra Chahal, who proved the most expensive bowler in Kohli’s quintet. Let us take the positives. How wise of the ICC to schedule a reserve day for the semi-finals. At 2pm, with 3.5 overs of the New Zealand innings left, it began to rain at Old Trafford and it continued for four hours, whereupon the umpires had no alternative but to bring the players back on Wednesday morning to complete the match. Share on Twitter This outcome may be inconvenient for the commercial men but it is the fairest for the players and the integrity of the tournament. The match remains a 50-over contest and will resume with New Zealand, who chose to bat on winning the toss, on 211 for five; they have 23 more balls left to set India a target.It was a struggle for the Kiwis to get that far and as usual they were indebted to the calm grittiness of their senior players, captain Kane Williamson and one of his predecessors, Ross Taylor. Drawing on their vast experience, they obviously decided a modern target in excess of 300 was out of the question on a surface that gave some assistance to the seamers and spinners. Their progress was also stalled by a vibrant Indian side in the field, so vibrant that once they conceded two sets of overthrows from a single delivery.With Jasprit Bumrah setting an impeccable example once again there were very few cheap runs on offer. At the toss Virat Kohli announced a conservative side in the sense that it transpired that he had picked the bowlers who bat better than their peers. Ravindra Jadeja retained his place to make his second appearance of the tournament and Bhuvneshwar Kumar was preferred to Mohammed Shami. However, this did not seem to reduce the effectiveness of his bowling attack. Both Jadeja and Kumar were on target from the start of their spells. Read more India cricket team news Since you’re here… New Zealand cricket team Support The Guardian Share on Messenger Share via Emaillast_img read more

AmaWaterways Partners With AAA, Awarding over 50 Students a Free European River Cruise

first_imgEssay Competition Winners to Sail Through Belgium and the Netherlands on Custom Itinerary Later This Month CALABASAS, CA – (March 12, 2019) – Encouraging the younger generation to make the world their classroom, AmaWaterways has partnered with AAA – The Auto Club Group (ACG), to gift 56 deserving eighth grade students a seven-night “Discovery Crew” European river cruise. The winning students were selected as a result of an essay contest, which was open to all eighth graders in AAA – ACG’s 11 states. Departing March 27, students and chaperones will enjoy a custom-designed itinerary through the Netherlands and Belgium, highlighting the region’s rich art and history, local cuisine and storied landmarks. To enter the contest, students were asked to answer essay questions and submit a selfie demonstrating their passion for travel. “We are proud to honor these passionate and exemplary students with a truly unforgettable river cruise, and are certain they will create memories that will last a lifetime,” said Rudi Schreiner, president and co-owner AmaWaterways. “We welcome many multi-generational families on our ships and see first-hand how traveling at a young age is so important to foster an understanding and acceptance of different cultures.  We hope these students will gain valuable and life-changing experience as they travel through these legendary regions of Northern Europe.” Sailing March 27 through April 4, the “Discovery Crew” cruise will immerse students in European culture through a sampling of local flavors, visits to historic landmarks such as the Anne Frank House and active hiking and biking tours near sites such as the world-famous Holland windmills. Students will also experience life as a local eighth grader with visits to two schools in Belgium and the Netherlands. “We were amazed by the passionate responses from the many students who expressed their interest in going on this trip,” said Deborah Haas, vice president of travel products and services at the AAA – The Auto Club Group. “This is the first time we have held a contest like this, and we’re so happy to partner with AmaWaterways to offer these inquisitive and motivated students an incredibly memorable and educational experience.” Winners and chaperones will fly to Amsterdam to embark on their AmaWaterways river cruise through Belgium and the Netherlands. Besides offering the seven-night all-inclusive cruise, AmaWaterways also partnered with AAA – The Auto Club Group and Allianz Global Assistance to provide the flights, travel insurance and money for passports. For more information, or to book an AmaWaterways river cruise for a client, call 1 (888) 626-1399 or visit the Travel Advisor Portal at Follow AmaWaterways on Facebook at, Instagram @AmaWaterways and Twitter @AmaWaterways.  About AmaWaterwaysA family-owned company celebrating 17 years on the river, AmaWaterways offers unforgettable river cruises with 23 ships sailing Europe’s Danube, Rhine, Moselle, Main, Rhone, Seine, Garonne, Dordogne, Dutch and Belgian Waterways and Douro Rivers, Southeast Asia’s Mekong and Africa’s Chobe River. The company is renowned for its innovative stateroom design featuring unique “twin balconies”; its wide choice of included shore excursions featuring biking and hiking options for the active traveler; and its award-winning dining—including The Chef’s Table specialty restaurant as well as complimentary fine wine, beer and soft drinks with lunch and dinner. Modern, spacious and tastefully decorated, each ship features onboard amenities such as hair and massage salons and a fitness room, and many have heated outdoor swimming pools with swim-up bars. AmaWaterways leads the river cruise industry in innovation including the upcoming launch of AmaMagna, who at twice the width of traditional river ships, will offer a new dimension in luxury river cruising.  The company also offers a variety of themed sailings and brand relationships, with sailings geared towards active travelers and families as well as group and charter options. With the highest-rated ships in Europe according to the third edition of Berlitz: River Cruising in Europe & the USA, AmaWaterways has received countless honors and accolades including Cruise Critic’s Editor’s Pick Award for “Best for Active Cruisers” and 2018 AFAR Reader’s Choice Award for “Best River Cruise Line.” About AAA – The Auto Club GroupThe Auto Club Group (ACG) is the second largest AAA club in North America. ACG and its affiliates provide membership, insurance, financial services and travel offerings to over 9.8 million members across eleven states and two U.S. territories including Florida, Georgia, Iowa, Michigan, Nebraska, North Dakota, Tennessee, Wisconsin, Puerto Rico and the U.S. Virgin Islands; most of Illinois and Minnesota; and a portion of Indiana. ACG belongs to the national AAA federation with more than 59 million members in the United States and Canada and whose mission includes protecting and advancing freedom of mobility and improving traffic safety. Motorists can map a route, identify gas prices, find discounts, book a hotel, and access AAA roadside assistance with the AAA Mobile app for iPhone, iPad and Android. Learn more at Visit AAA on the Internet at read more

Gov’t Adds $1 Billion to Budget for Early Childhood and Special Education

first_imgMinister of Education, Rev. the Hon. Ronald Thwaites, said that an additional $1billion has been added to the upcoming budget for special and early childhood education.“We are adding it so that our little children can get the best…we wish we could do more,” the Minister stated. He was speaking at the official opening of the Accompong Basic School in St. Elizabeth on Wednesday, March 20. Rev. Thwaites said the Government is making early childhood education a priority and stressed the need for increased partnerships at this level.“We need all the partnerships that we can get, and we welcome them. Basic education is where we have to start as we must do it right the first time. We could do so much more if we only understand that we must not leave basic education alone, we must give it the priority that it needs,” he stated.He urged the parents to begin now to save for their children’s secondary and tertiary education through a credit union or other financial institution.Meanwhile, the Minister said that aspects of the maroon culture and history will be included in the civics curriculum during the next school year.He said that while the programme started with the Rt. Excellent Marcus Garvey, “we will be following on with all of the heroes and drawing lessons from them.”The Accompong Basic School was built by Food For the Poor as part of its initiative to construct 50 early childhood institutions across the island to mark Jamaica’s 50th year of Independence.It boasts three spacious classrooms, to comfortably accommodate up to 100 students, a sick bay, teachers’ office, and is equipped with child-friendly furniture.By Garfield Angus, JIS Reporterlast_img read more

Korea Line Signs USD 314 Mn Deal to Buy Hanjin Assets

first_imgzoom South Korea’s shipping company Korea Line Corp has signed a KRW 37 billion (USD 31.4 million) agreement to buy the Asia-US route network from the bankrupt container carrier Hanjin Shipping, the company said in a stock exchange filing.The deal includes Hanjin’s business network and client information related to the route, subsidiaries and logistics management systems in seven countries, including the U.S., China and Vietnam, while 574 employees of Hanjin Shipping will continue to work for Korea Line.The asset sale is scheduled to be finalized on January 5, 2017, according to the filing.Earlier in November, Korea Line was selected as the preferred bidder for Hanjin Shipping’s Asia-US route network and for the firm’s stake in a container terminal at California’s Long Beach.Korea Line has outbid its compatriot shipping company Hyundai Merchant Marine (HMM), after both companies submitted their final proposals to buy Hanjin’s assets.Hanjin Shipping opted for the sale as it is looking for ways to repay debt which amounted to KRW 6 billion at the end of June.Due to the prolonged depression in the shipping market the financially troubled shipping line filed for court protection in late August 2016.World Maritime News Stafflast_img read more

Carrie Fisher To Be Honored By The Midnight Mission

first_imgThe Midnight Mission proudly announces its Golden Heart Awards Gala and 2014 award recipients.The celebratory occasion will take place on Tuesday, September 30th, from 6 p.m. to 9 p.m. at the Beverly Wilshire Hotel and tickets can be purchased here.The evening commemorates The Midnight’s 100-year anniversary and recognizes famed writer and actress Carrie Fisher, Arlene Van Dyke, renowned make-up artist and wife of entertainer and 2005 Golden Heart honoree Dick Van Dyke and Denise Salazar, Richie Sambora’s longtime executive assistant.A surprise honoree for The Golden Heart of the Century award will also be announced the night of the gala. All will be recognized for their substantial contributions to The Midnight, as well as their personal advocacy on behalf of Los Angeles’ neediest population. American rock icon Richie Sambora and Australian guitar sensation Orianthi will deliver a musical performance. KLOS radio personality Gary Moore will provide the evening’s entertainment.Commemorating a century of service, The Golden Heart Awards Gala jointly honors The Midnight’s longstanding legacy to the City’s neediest, as well as those individuals whose contributions embrace the organization’s transformative spirit of giving. As Southern California’s premier social service provider, The Midnight marks its milestone by never missing a day of service since 1914.The Golden Heart Awards Gala begins at 6 p.m. with a cocktail reception and silent auction to raise support for The Midnight’s life-saving and life-changing services. The awards dinner following will recognize the exemplary service of individuals with The Midnight’s highest distinction, The Golden Heart Award.Previous awardees include individuals, organizations and businesses such as actor Tim Allen, Sir Anthony Hopkins, Clancy Imislund, LA Councilwoman Jan Perry, musician Tom Petty, The Staples Center Foundation, The Annenberg Foundation, and Nestlé USA, Inc., among many others.Celebrities, individuals and organizations are invited to join as sponsors or purchase a seat at $350 or a table for $3000. Contributions will benefit The Midnight’s vital community programs, including job training, tutoring, health and wellness, 12-step recovery program, emergency services and more.last_img read more

Texas cancer centre ousts 3 over Chinese data theft concerns

HOUSTON — A prominent cancer centre in Houston says it has ousted three scientists whom federal authorities suggested are involved in Chinese efforts to steal American research.Peter Pisters, the president of MD Anderson Cancer Center, told the Houston Chronicle that the National Institutes of Health could withhold funding if the centre didn’t act. MD Anderson received $148 million in NIH grants last year.The three scientists haven’t been identified. The newspaper reports they’re Chinese.The agency wrote to the cancer centre last year detailing conflicts of interest and unreported foreign income by five faculty members, and gave it 30 days to respond.The dismissals come amid heightened concern in Washington, D.C., that foreign governments including China have been using students and visiting scholars to pilfer intellectual property from confidential grant applications.The Associated Press read more

Barrick says board changes in the works including succession plans for Munk

Barrick says board changes in the works including succession plans for Munk AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to RedditRedditShare to 電子郵件Email TORONTO – Barrick Gold, under pressure from shareholders seeking changes at the board level, signalled Friday that new leadership is coming, including succession plans for Peter Munk as chairman of the gold miner he founded.Munk, 86, had already indicated he was preparing to step down from the board, but in a filing with U.S. securities regulators Friday as part of a $3-billion share offering, the company was more explicit, suggesting changes would be in place by its next annual meeting.“The board is addressing the issues that have been raised with our directors, which include modification of the company’s executive compensation arrangements, the rejuvenation of the board through a combination of departures from the board, the addition of independent directors and succession in the chairman role at the company, consistent with Mr. Munk’s desire to retire as chairman of the board of directors, as previously indicated,” Barrick said in the filing.“The company’s intention is to update the market before year-end on these initiatives, with governance changes expected to take effect in conjunction with Barrick’s next annual meeting.”Barrick has been looking to strengthen its governance practices and add new independent directors to its board since its annual meeting in April when it was criticized for a $11.9-million signing bonus paid to co-chairman John Thornton that was part of a $17-million payment package.The company currently has seven independent directors on its 13-member board.Munk has been a lightning rod for criticism of the company and defended Thornton’s compensation at the annual meeting, comparing the bonus with the cost of six extra shovels for a mine.“I promise you that John will do more for you than six more shovels,” he told shareholders at the time.Mike Morris of U.S. investment manager Two Fish Management, which has pushed for changes at Barrick, said the comments by the company Friday were interesting, but added: “talk is cheap.”“It has always struck me as kind of this conceptual thing on an elongated timeline,” he said of Munk’s potential retirement.Morris said he believes a large activist investor could win support if it were to push for a dissident slate of directors at Barrick’s next annual meeting, but he hoped Barrick would make changes voluntarily.In Barrick’s 2012 annual report, Munk suggested the company was preparing for his eventual retirement with the appointment of Thornton as co-chairman and working to improve operations.“As we reposition the company to deliver against these objectives, it is also appropriate that we consider a path to new leadership at our board level,” Munk said in his letter to shareholders.Earlier this year, Barrick agreed to sell off its Barrick Energy subsidiary in a string of deals worth a total of $455 million and three high-cost mines in Western Australia to South Africa-based miner Gold Fields Ltd. for $300 million.The company (TSX:ABX), which has seen its shares fall more than 45 per cent this year, has struggled with problems at its Pascua-Lama project in South America and a falling price for gold this year.Last week, the gold miner suspended most of the work at Pascua-Lama and announced plans to raise US$3 billion in a massive share offering that will be used to repay debt. by The Canadian Press Posted Nov 8, 2013 10:38 am MDT read more

Fed to slow pace of monthly bond purchases by another 10B despite

by Martin Crutsinger, The Associated Press Posted Jan 29, 2014 12:14 pm MDT A television screen on the floor of the New York Stock Exchange shows the decision of the Federal Reserve, Wednesday, Jan. 29, 2014. The Federal Reserve says it will cut its monthly bond purchases by an additional $10 billion to $65 billion because of a strengthening U.S. economy. It’s doing so even though the prospect of reduced Fed stimulus and higher U.S. interest rates has rattled global markets. (AP Photo/Richard Drew) AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to RedditRedditShare to 電子郵件Email Fed to slow pace of monthly bond purchases by another $10B despite turmoil in emerging markets WASHINGTON – The Federal Reserve is pushing ahead with a plan to shrink its bond-buying program because of a strengthening U.S. economy. It’s doing so even though the prospect of reduced Fed stimulus and higher U.S. interest rates has rattled global markets.The Fed said it will cut its monthly bond purchases starting in February by $10 billion to $65 billion. It also reaffirmed its plan to keep short-term rates at record lows to try to reassure investors that it will keep supporting an economy that remains less than fully healthy.The decision by the Fed was announced in a statement Wednesday after Ben Bernanke’s final policy meeting. Bernanke will step down Friday after eight years as chairman and will be succeeded by Vice Chair Janet Yellen.Most economists expect that under Yellen, the Fed will announce a string of $10 billion monthly reductions in bond purchases at each meeting this year, concluding with a final $15 billion cut in December.Many global investors fear that reduced Fed bond buying will boost U.S. rates and cause investors to move money out of emerging markets and into the United States for higher returns. Currency values in emerging economies have fallen over that concern.In response, central banks in emerging economies, from India to Turkey to South Africa, have been acting to counter any damage from the Fed’s pullback and the prospect of higher U.S. rates: They’ve been raising their own rates. These central banks hope to control inflation, boost their flagging currencies and keep investors from fleeing.But so far, those currencies have continued to weaken.The Fed’s bond purchases have been intended to keep long-term borrowing rates low to spur spending and growth. Its decision Wednesday to continue paring purchases signals the Fed’s belief that the economy is showing consistent improvement. In its statement, it upgraded it assessment to say “growth in economic activity picked up in recent quarters.”Stocks fell after the Fed announced its decision. Bond prices rose slightly, and their yields dipped.The Dow Jones industrial average closed down 189 points, or 1.2 per cent. It had been down 127 points just before the Fed’s announcement at 2 p.m. Eastern time. Disappointing earnings from big U.S. companies had contributed to a sour mood on Wall Street. The yield on the 10-year Treasury note slipped to 2.68 per cent.Some analysts said the Fed’s confidence in the U.S. economy appeared to outweigh any concern that the turmoil in emerging market economies might spill over into the United States and other developed nations.“These economies have not been driven into deep recession,” Ian Shepherdson, chief economist at Pantheon Macroeconomics, said of the emerging economies. “Their currencies are weak but not in freefall.”The Fed made no mention of the turbulence that has rocked markets for the past week. In part, that reflects the Fed’s role as a steward of the U.S. economy, not the global economy as a whole: Its dual mandate is to maximize U.S. employment and keep U.S. prices stable.Its bond purchases have helped fuel a huge stock market rally over the past year as investors shifted money out of low-yielding bonds and into stocks. Now that the Fed is cutting back on those bond purchases, many investors fear stocks will fall.“Ultimately, the Fed sort of had no choice but to reduce purchases at this meeting,” said Dan Greenhaus, chief strategist at BTIG brokerage. “If they had paused, they risked sending a signal to markets that they lacked conviction.”The action Wednesday was approved on a 10-0 vote. The last time a Fed policy statement was approved unanimously was June 2011.The Fed’s statement repeated a phrase it first used in December: That it would hold its benchmark short-term rate near zero “well past” the time unemployment falls below 6.5 per cent. The Fed noted that government spending cuts and tax increases are less of a drag on growth than last year. It also said businesses and consumers are stepping up spending.The unemployment rate dipped from 7 per cent to 6.7 per cent in December, the lowest point in five years. Still, much of the decline was due to an exodus of job seekers who gave up looking for work and were no longer counted as unemployed.___AP Economics Writer Josh Boak contributed to this report. read more

IMF board approves 17 billion in assistance for Ukraine

AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to RedditRedditShare to 電子郵件Email IMF board approves $17 billion in assistance for Ukraine International Monetary Fund (IMF) Managing Director Christine LaGarde makes a statement about sanctions leveled against Russia, during a news conference following an IMF Executive Board meeting at IMF Headquarters in Washington, Wednesday, April 30, 2014. LaGarde announced that the IMF board has approved a two-year, $17 billion loan package for Ukraine. (AP Photo/Cliff Owen) by Deb Riechmann, The Associated Press Posted Apr 30, 2014 3:36 pm MDT WASHINGTON – The International Monetary Fund board has approved a two-year, $17 billion loan package for Ukraine.The IMF announced the assistance Wednesday after a board meeting at the fund’s Washington headquarters.The IMF assistance pledged in March was hinged on economic reforms in Ukraine. The changes included raising taxes, freezing the minimum wage and raising energy prices — all steps that could hit households hard and strain the interim government’s tenuous hold on power.Ukraine, a nation of 46 million, is in turmoil after Russia annexed Crimea. Russian President Vladimir Putin has massed 40,000 troops on Russia’s border with Ukraine in what many fear is the first step to an invasion.Russia’s actions have created a standoff with the United States and many European nations. read more

Japan sees 1st trade surplus on cheaper oil China rebound

Japan sees 1st trade surplus on cheaper oil, China rebound by Elaine Kurtenbach, The Associated Press Posted Jan 25, 2017 3:29 am MDT Last Updated Jan 25, 2017 at 4:00 am MDT AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to RedditRedditShare to 電子郵件Email TOKYO – Japan posted its first trade surplus in six years in 2016 thanks to a rebound in exports late in the year and persisting low oil prices, though uncertainties over U.S. policy and global growth are overshadowing the recovery.The 4.1 trillion yen ($35.8 billion) surplus in 2016 compared with a 2.8 trillion yen deficit in 2015, the government reported Wednesday. Exports fell 7.4 per cent from a year earlier to 70.04 trillion yen ($617 billion) while imports dropped 16 per cent to 66 trillion yen ($581 billion), the report showed.But December’s data showed a strong rebound in exports to China and some other Asian countries, suggestion a recent uptick in growth in Asia’s biggest economy is filtering through supply chains across the region.A weakening in the Japanese yen against the U.S. dollar since Donald Trump was elected president also increased the value of exports in yen terms. A dollar now buys about 114 yen, up from about 101 yen at the time of the Nov. 8 election.In the full year, Japan’s trade surplus with the U.S. fell nearly 5 per cent, to 6.8 trillion yen ($59 billion). Exports fell 7.1 per cent from the year before to 14.1 trillion yen ($124.6 billion) and imports dropped 7.3 per cent to 7.3 trillion yen ($64.4 billion), the report said.Japan ran a 4.6 trillion yen ($41 billion) deficit with China, its largest trading partner, down by a quarter from a year earlier.U.S. President Donald Trump’s decision to drop out of the Trans-Pacific Partnership trade pact, and his comments on imposing “border taxes” on some imports has added to uncertainties over U.S. trade policy.“The sustainability of external demand remains the key for the Japan’s export recovery, because of emerging protectionism and uncertainties in the US trade policy, given President Donald Trump’s repeated concerns about Japan’s auto exports and trade surplus with the U.S.,” Harumi Taguchi, principal economist at IHS Global Insight, said in a note.A Japanese government spokesman said Wednesday that Tokyo was discussing how to handle future trade negotiations such as the TPP and another Asian trade pact involving China, the Regional Comprehensive Economic Partnership.Asked about reports Japan plans to set up a new agency to handle trade talks, Koichi Hagiuda said no decision had been made yet, but “there’s no denying that this is one of the options we’re considering.”Past trade friction with the U.S. over auto exports had largely eased after Japanese automakers expanded investments in U.S. factories.Japan’s vehicle exports to the U.S. rose a scant 0.6 per cent in 2016, measured in terms of Japanese yen, but the number of vehicles shipped rose 7.7 per cent to 1.75 million.Globally, Japan’s vehicle exports fell 6 per cent by value and 0.7 per cent by volume, to 5.8 million units. Exports of most other products fell, suggesting only a tepid recovery in demand.Japan’s trade balance slipped into deficit after the 2011 earthquake and tsunami triggered meltdowns at the Fukushima Dai-Ichi nuclear plant and the country’s reactors were shut down for safety checks.To compensate, resource-poor Japan ramped up imports of oil, gas and coal for its conventional power generators. In 2016, imports from the Middle East, Japan’s main source of crude oil, dropped by nearly a third from the year before. read more

Tool for financial service regulators to collect fines from advisers limited

Tool for financial service regulators to collect fines from advisers limited TORONTO – New legislation in Ontario is expected to improve financial service regulators’ ability to collect fines levied against unscrupulous advisers, but an investor advocacy group says the majority of rule-breaking advisers will still likely never pay.Ontario Finance Minister Charles Sousa announced Friday that self-regulating bodies in the investment industry — such as the Mutual Fund Dealers Association of Canada and the Investment Industry Regulatory Organization of Canada — would be allowed to file their fine decisions with a court, making them immediately enforceable.By enabling regulators to better collect fines, that will “deter potential offenders from wrongdoing in the first place” and “strengthen investor protection,” Sousa said in a speech.But Marian Passmore, director of policy for FAIR Canada, says the new legislation only represents a small step toward deterring unethical behaviour by advisers, such as embezzlement and pushing unsuitable investments.“There’s significantly better collection rates amongst the provincial jurisdictions that have this ability, but there still is a low collection rate against individuals,” Passmore says.“Depending on the fine and what kind of assets they have, there’s a cost-benefit ratio involved in pursuing collections. So it’s not a silver bullet, but it’s helpful.”According to senior advocacy organization CARP, the success rate for collecting fines in Ontario is approximately 12 per cent, while provinces with the ability to enforce fines such as Alberta, Quebec and P.E.I. have collections rates roughly three times higher. But that still leaves the majority of penalties uncollected.Passmore says FAIR Canada supports the new legislation, but the advocacy group would also like to see fine enforcement action brought against the actual firms who employ rule-breaking advisers.“If they were responsible for the actions of their employees then we’d have much greater fine collections and deterrents,” she said.IIROC, which is owed nearly $20 million in outstanding fines in Ontario dating back to 2008, applauded the change.“As a public interest regulator, this new enforcement tool will enable us to provide stronger protection to the investing public and collect fines from wrongdoers who have previously evaded paying the penalty for their misconduct,” IIROC CEO Andrew Kriegler said in a release.CARP, which advocated for the changes following months of campaigning, said fines are a critical tool to discourage unethical behaviour, as a fine that cannot be collected is “meaningless.”“Now there’s teeth,” said CARP chief operating officer Wanda Morris. “There is more to be done, but today’s announcement is a critical first step.” by David Hodges, The Canadian Press Posted Mar 31, 2017 8:35 am MDT Last Updated Mar 31, 2017 at 2:40 pm MDT AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to RedditRedditShare to 電子郵件Email read more

Government will not get away with broken promises Micheál Martin

first_imgFIANNA FÁIL LEADER Micheál Martin has said that its success in “reconnecting with the people” would take longer “than we have had”, but remained adamant that the party would not let government get “away with their growing list of broken promises.”Delivering his opening address at the party’s Árd Fheis in Dublin’s RDS, Martin said Ireland needed a party that could “learn from the past but is focused on the future.”He also said that this weekend would mark the completion of the largest reform in the party’s history.“For the first time in our history all voting this weekend will be on the principle of one member, one vote,” he said.The party leader said that Fianna Fáil needed to become a “more activist party” by re-establishing the “link with people which was once our proudest boast.”Criticism of the coalitionMartin went on to criticise the Fine Gael/Labour coalition, saying that the public had now seen that the current government had been “elected on the basis of promises it never intended keeping.”Speaking of the party’s resurgence, he said that this had led to attacks from “the usual suspects” in opposition.“They don’t believe that anybody has the right to challenge them,” he said. “They think that they can just keep rerunning the last general election and everything will be fine for them.” What our opponents and many others don’t understand is that we are not trying to restore the old political balance.Critical of the current government, Martin said that the only list that the Minister for Health James Reilly had managed to improve was the “one for a new primary care centre in his own constituency.”Reducing the deficitMartin said that his party had “adopted a constructive approach” from its first day in opposition. “We have been consistent in our support for bringing the deficit down and have not opposed reasonable measures to achieve this,” he said.Looking to the future“Fianna Fáil isn’t focused on the past,” Martin said. “We are not trying to recreate the old political balance. We are focused on the future and that’s what people are engaging with.”“The process of renewing Fianna Fáil is well underway. In a short time we have achieved a lot more than most people expected – but our work has only begun.”He concluded by saying:We must be true to our founding values and show the people our way to recovery, our way to a fairer recovery. That is our business at this Árd Fheis and it must be our business every day.Read: Micheál Martin gives Taoiseach an E- grade on jobs > Well their rising unpopularity and falling support shows that the public is not interested in their politics as usual – it wants parties which are focused on responding to the issues of today and the future.last_img read more

Property prices up by 85 on last year but still down on

first_imgTHE COST OF property in Ireland rose by 1.4 per cent in April, after a slowdown in March.In the year to April, new figures from the CSO show residential property prices nationally increased by 8.5 per cent, up from the 7.8 per cent year-on-year increase in March.March had seen a month-on-month drop of 0.7 per cent, after a 0.1 per cent rise in February.However, prices in the capital are massively outperforming the rest of the country.In Dublin, residential property prices grew by 3.1 per cent in April and were 17.7 per cent higher than a year ago.Dublin apartment prices were 17.5 per cent higher when compared with the same month of 2013. However, the CSO says that figures for apartments are based on “low volumes of observed transactions and consequently suffer from greater volatility than other series”.The price of residential properties in the Rest of Ireland fell by 0.3 per cent in April compared with a increase of 1.2 per cent in April of last year. Prices were 1.3% higher than in April 2013.Despite the recovery, residential property prices in Dublin are 48.5% lower than their highest level in early 2007.House prices in Dublin are 46.7 per cent lower than their peak in April 2007, with apartment prices 54.2 per cent lower than their peak in February 2007.In the Rest of Ireland, residential property prices are 47.4 per cent lower than their highest level in September 2007.Overall, the national index is 46.3 per cent lower than its highest level in 2007.Read: NAMA promises “the sight of cranes returning to Dublin’s Docklands”Read: Warning over ‘microwave’ housing marketlast_img read more

IBM water cools solar chips heated by the power of 2000 suns

first_imgIf you want to push the CPU in your PC to its absolute limit then you need to switch from air to water cooling (liquid nitrogen would be even better, but isn’t very practical). IBM has decided to do the same thing for a concentrating solar collector, allowing it to deal with a lot more heat by water cooling the chips involved using a microchannel system.A concetrating solar collector uses a parabolic dish covered in mirrors to concentrate the sun’s energy on to module full of of photovoltaic chips. But such systems are limited by how much heat they can cope with.A new system called a High Concentration Photovoltaic Thermal (HCPVT) system has been jointly developed by IBM Research, Airlight Energy, ETH Zurich, and Buchs University of Applied Sciences and Technology to solve the heat issues. It is capable of concentrating the power of 2000 suns on to a photovoltaic chip module like the one shown in the image above.The high temperatures produced in such a setup would melt the module and the arm holding it without cooling, so a highly efficient cooling system had to be designed. The answer is a water cooling solution that sees water running through microchannels just tens of micrometers away from the chips in the module, drawing the heat away from them.The module in this new system consists of over 100 photovoltaic chips each measuring 1cm2. They can convert over 30 percent of the solar radiation directly into electrical energy, but the system is also capable of recovering waste heat above 50 percent.According to ETH Zurich, each chip in the HCPVT module can constantly convert up to 250 watts of energy when placed in a sunny location. Combined, that means 25kW of power generated per HCPVT system. The cost of the energy produced is expected to be as low as 10 cents per kilowatt-hour.It is hoped that such systems can be used on land that would otherwise remain empty. For example, positioning fields of these in a desert would be ideal. And as well as producing electrical energy, the waste heat recovery can be used to desalinate water, for example. It is thought that 20 liters of drinkable water could be produced per day for every square meter of receiver.At the moment the HCPVT system remains at the prototype stage, but when it reaches a stage where it can be commercialized, it is thought the cost will only be around $250 per square meter.last_img read more

James McClean wins apology and damages after Ulster Unionist Party councillors defamatory

first_imgJames McClean wins apology and damages after Ulster Unionist Party councillor’s ‘defamatory remarks’ Last November UUP councillor Chris McGimpsey appeared on BBC Radio Ulster where he made remarks about James McClean. Image: Nigel French via PA Wednesday 13 Mar 2019, 3:52 PM IRELAND INTERNATIONAL JAMES McClean has today won a legal case he brought against an Ulster Unionist Party councillor who made wholly inaccurate remarks linking him to the Provisional IRA. Last November UUP councillor Chris McGimpsey appeared on BBC Radio Ulster where he made remarks about James McClean. McClean, through his solicitors, brought a defamation action against McGimpsey , who today unreservedly apologised for his words. In a statement this evening, McClean’s solicitor’s said: “During the course of the hearing , UUP councillor Chris McGimpsey , through his legal representative, issued an unreserved apology to Mr McClean.“In the course of that apology that was out in full, it was advanced that the offending statement made on BBC Radio Ulster on 7 November 2018 was false and completely inaccurate, and failed to consider the implication of his defamatory remark. “The apology, whilst given four months since the comments were made, is welcomed. The level of damages that require to be awarded have yet to be assessed, and we are confident that this process will reflect the seriousness and gravity of the offending comments. “Whilst this case was unnecessary and avoidable, it allows our client to demonstrate that he will protect and uphold his reputation and good name at every opportunity and with all of the determination that he displays as a professional footballer.” 31 Comments Share199 Tweet Email Tweet thisShare on FacebookEmail this article Short URL Image: Nigel French via PA By Garreth MacNamee Mar 13th 2019, 3:52 PM 30,964 Views last_img read more

Happy Day for Turks and Caicos Southwest Airlines marks first flight

first_imgFacebook Twitter Google+LinkedInPinterestWhatsApp Facebook Twitter Google+LinkedInPinterestWhatsApp#PROVIDENCIALES, Turks and Caicos Islands – November 6, 2017 –  It could easily be described as the happiest moment for the Turks and Caicos, as a country, since hurricanes Irma and Maria when a #SouthwestAirlines 737 touched down at the #ProvidencialesInternationalAirport on Sunday afternoon for the first time.The inaugural flight, with 103 passengers aboard marked a significant milestone and the beginning of a long pursued relationship with America’s biggest airline company.Underscoring the significance of the freshly forged commute between Ft Lauderdale, Florida and Providenciales, Turks and Caicos were three events to mark the milestone.  A welcome reception held Saturday at #iHeartRadio and #SouthwestSoundstage in Miami, Florida where Turks and Caicos, the #DominicanRepublic and #CostaRica were all welcomed to South Florida and introduced as the three newest Caribbean/Latin America flights for the airline.A take off press conference held at the gate of flight 618, the Provo gate within the A terminal, a new Southwest Airlines wing of the #FtLauderdaleHollywoodInternationalAirport.  Conch shells, balloons, interviews, photographs, regional and Turks and Caicos media, and brief remarks punctuated the excitement where the first passenger turning in her boarding pass and entering the flight was Premier, Hon #SharleneRobinson – all smiles, all congratulatory and all thankful. The Premier said Southwest holding to the November 5 start of the flight is a true testament of their commitment and Turks and Caicos’ allure as a destination.  The nation’s leader explained that it would have been understandable had the airline company decided to postponed launch of the route given the seriousness of the September storms, but Southwest is now here and will run daily flights delivering to guests and islanders their no baggage fees and no change fees policies – she called it a happy day for the islands.Tourism Minister, Hon #RalphHiggs said the pursuit of Southwest started some seven years ago, when the airline was flying limited flights only in the US. More seriously, four years ago significant talks began and the deal was inked and now this leading carrier will broaden the options for travelers into the Turks and Caicos.#SteveGoldberg, Senior Vice President of Operations and Hospitality at #SouthwestAirlines agreed, and said there is a demand for the destination and Southwest is ready to deliver on a unique service; Goldberg also made this first flight in. #JohnSmith, CEO of the Airports Authority attributed the success of securing this airlift to tripartite teamwork; the Turks and Caicos Airports Authority, the Turks and Caicos Hotel and Tourism Association and the Turks and Caicos Tourist Board were all highly instrumental in making the Southwest connection happen. On board, prizes were given away with the help of the Junior Tourism Minister, #ZariahIngham and each passenger has a miniature TCI flag and gift from the tourist board as a keepsake and reminder that they were aboard the very first flight of Southwest airlines to this leading regional destination.And yes, there was water canon salute for the new Southwest flight as it taxied into the PIA. Related Items:#premiersharlenerobin, #providencialesinternationalairport, #southwestairlinesprovidenciales, #southwestairlinesturksandcaicos, #tciopenforbusiness, #tcistrong PDM Administration moving ahead with crack down on shanty construction NEOC UPDATE AFTER MARIA Recommended for you Editorial: Not decimated but badly bruisedlast_img read more