0

TSX lower as traders look to Alcoa earnings

The Toronto stock market was lower Tuesday as traders hoped for a favourable lookahead from Alcoa Inc. when the resource giant kicks off of the fourth quarter corporate earnings season after the close.The S&P/TSX composite index lost 36.91 points to 12,462.64 while the TSX Venture Exchange rose 0.64 of a point to 1,224.53.The Canadian dollar was down 0.18 of a cent to 101.27 cents US.U.S. markets were lower as the Dow Jones industrials declined 50.81 points to 13,333.48, the Nasdaq was down 11.08 points to 3,087.74 and the S&P index slipped 7.38 points to 1,454.51.Alcoa (NYSE:AA) is expected to turn in earnings per share of six cents on revenue of US$5.61 billion after posting a loss of three cents a share a year ago.But traders will likely be most interested in the aluminum company’s outlook against a background of tepid economic growth around the globe. Alcoa has been dealing with sharply lower aluminum prices, down 15 per cent from a year ago.Alcoa traditionally starts the run of U.S. quarterly earnings. The company is viewed as a bellwether for the overall economy as its products are used in everything from cars to aircraft to appliances.It’s also viewed as a good indication of where the overall resource sector is at, an important consideration for a market like the TSX that is heavily weighted in favour of commodity-based companies.Alcoa shares ticked five cents higher to US$9.15 in New York.Gold stocks led TSX decliners while the February bullion contract on the New York Mercantile Exchange gained $9.70 to US$1,656 an ounce after three days of losses and the gold sector was per cent.Gold prices have suffered in recent days because of uncertainty about whether the U.S. Federal Reserve might end its stimulus program of bond buying in the second half of 2013. Minutes from the Fed’s latest policy meeting showed a split over how long to continue the purchases amid concerns that they could destabilize the economy.The bond buying, known as quantitative easing, has supported bullion prices because of worries the program would drive inflation higher. Gold is seen as a hedge against inflation.Goldcorp Inc. (TSX:G) shares were down 48 cents to C$34.21 after it announced Monday that it is raising its monthly dividend by 11 per cent to five cents per share.Elsewhere in the gold sector, African Barrick Gold PLC stock plunged about 20 per cent on the London stock exchange after Canadian parent Barrick Gold Corp. (TSX:ABX) announced that talks about a potential sale to China National Gold have broken off without a deal. The Toronto-based Barrick Gold owns about three-quarters of the ABG shares outstanding and Barrick Gold shares faded 52 cents to C$33.05.The metals and mining sector was off 0.7 per cent while the March copper contract was down a penny at US$3.67 a pound. Teck Resources (TSX:TCK.B) shed 44 cents to C$36.71 while First Quantum Minerals (TSX:FM) shed 24 cents to $21.47.Oil prices erased early gains ahead of the release of data expected to show a rise of 1.5 million barrels in crude oil stocks and 2.6 million barrels in gasoline stocks last week, according to a survey of analysts by Platts, the energy information arm of McGraw-Hill Cos.The American Petroleum Institute will release its report on oil stocks later Tuesday.The February crude contract dipped 10 cents to US$93.09 a barrel.The energy sector stepped back 0.37 per cent and Canadian Natural Resources (TSX:CNQ) lost 28 cents to C$29.50 while Imperial Oil (TSX:IMO) fell 39 cents to $42.80.Financials were also in the red with Sun Life Financial (TSX:SLF) down 25 cents to $27.14 while Royal Bank (TSX:RY) gave back 29 cents to $60.52.Tech stocks provided most lift as Research In Motion Ltd. (TSX:RIM) rose 16 cents to $11.92.In economic news, traders took in data showing that the chronic government debt crisis in Europe has pushed unemployment to record highs in the 17-nation eurozone. The jobless rate hit 11.8 per cent in December, up from 11.7 per cent the previous month.Investors found some comfort in a separate report showing business and consumer sentiment in the eurozone rose in December by more than analysts were expecting and that retail sales edged up in November. That suggests that the improvement in financial markets during those months helped economic activity stabilize. Analysts warned, however, not to expect any imminent turnaround in the economy.European bourses were mixed as London’s FTSE 100 index rose 0.06 per cent, Frankfurt’s DAX inched down 0.21 per cent and the Paris CAC 40 climbed 0.44 per cent.Earlier, Japan’s Nikkei 225 index tumbled 0.9 per cent as the yen crept upward against the U.S. dollar. Hong Kong’s Hang Seng fell 0.9 per cent while South Korea’s Kospi lost 0.7 per cent.Benchmarks in Singapore, Taiwan and Thailand fell, while Malaysia and the Philippines rose. Mainland Chinese shares were mixed. Australia’s S&P/ASX 200 shed 0.6 per cent. read more

0

UN spent additional 25 million due to Israeli security procedures in Palestinian

The UN Relief and Works Agency for Palestine Refugees in the Near East (UNRWA) released the figures after countries at a donor meeting in Amman asked the Agency to provide details surrounding the money diverted from its humanitarian aid operations. UNRWA said charges imposed by Israel for search procedures came on top of heavy losses caused by movement restrictions that have stopped staff reaching their places of work since the start of the Intifada in September 2000. “What we find unreasonable and unique are charges levied by Israel for searching consignments of food and medicine destined for the occupied Palestinian territory,” UNRWA Commissioner-General Peter Hansen told the meeting. “This amounts to a tax on humanitarian aid. This is just one of the many issues we have raised with the Israeli authorities in our ongoing dialogue aimed at improving the Agency’s humanitarian access.” The Agency said it has also been forced to spend hundreds of thousands of dollars more on repairs to its buildings that have been damaged during military operations. UNRWA recently submitted a claim for $535,000 in compensation to the Israeli Government just to cover the cost of building damage. According to UNRWA, the Agency lost 72,000 teacher-work days during the 2001-02 academic year because of movement restrictions imposed on its staff. In addition, in the first eight months of this year, the Agency lost 11,000 staff workdays at its health clinics. Despite efforts to redeploy staff so that they could work close to their homes and avoid checkpoints, the Agency’s 34 health clinics in the West Bank still lost a total of 340 treatment days. UNRWA said it has also incurred further costs because closures have forced the Agency to accommodate staff in hotels when they become trapped by curfews, while security procedures have forced it to use commercial trucking firms rather than use its own fleet. read more

0

Exxon earnings up 6 per cent easily beating expectations as refining offsets

Exxon earnings up 6 per cent, easily beating expectations, as refining offsets low oil prices by The Associated Press Posted Oct 31, 2014 6:32 am MDT AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to RedditRedditShare to 電子郵件Email IRVING, Texas – ExxonMobil Corp. profits rose 3 per cent in the third quarter as strong refining performance offset lower revenues from falling oil prices and production.The company said Friday it earned $8.07 billion on revenue of $107.49 billion in the third quarter. Last year during the same period, Exxon earned $7.87 billion on revenue of $112.37 billion.On a per share basis, the company earned $1.89, up from $1.79 last year and far above the $1.71 per share analysts polled by FactSet had predicted on average.Oil and gas production fell 4.7 per cent compared with the same period a year ago, and lower prices reduced earnings by $670 million.But profit at the company’s refining operations, which makes chemicals and fuels, rose 38 per cent in the quarter and boosted overall profit. read more

0

TransCanada adjusts Energy East route

TransCanada adjusts Energy East route It’s all about compromise.TransCanada Corp. (TSX:TRP) has filed an amended application and cost estimate for the Energy East pipeline project.The document includes more than 700 route changes to the massive oil pipeline that would ship crude from Alberta and Saskatchewan to the east coast.While the re-design will add additional costs to the project, the company believes the new route addresses the concerns raised by politicians, First Nations groups and environmentalists.TransCanada spokesperson Tim Duboyce says the new proposed route for the pipeline follows months of public consultation.“We’re here to ensure the public that we’re listening to the questions and concerns that they’re raising about the project, in some cases, and addressing those concerns,” he told 660 NEWS. Duboyce adds the company is confident the changes meet the expectations of Prime Minister Justin Trudeau to develop natural resources in a responsible manner.“That’s exactly what pipelines do,” he said “Pipelines represent the safest, most environmentally friendly way of moving natural resources, including crude oil, from the point of production to the market place.”Duboyce estimated the pipeline would displace the equivalent of close to 1600 rail cars of crude oil bound for eastern Canada per day and that the pipeline would reduce the need to import oil from other countries like Venezuela, Nigeria and Saudi Arabia.Among the many changes is the elimination of a terminal in Quebec. The National Energy Board will review the revised application, which will bump the cost of the project up nearly $4-billion. (Revised numbers total $15.7-billion, the previous proposal came in at $12-billion.)A decision is expected in 2017, and if approved shovels could be in the ground in 2018, with oil flowing to Saint John, New Brunswick by 2020. by Posted Dec 17, 2015 7:39 am MDT Last Updated Dec 17, 2015 at 9:48 am MDT AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to RedditRedditShare to 電子郵件Email read more

0

Afghanistan UN envoy extends condolences after deadly attack

“International forces continue to perform a critical role in Afghanistan’s security and are providing critical training for the country’s future and stability,” said the Secretary-General’s Special Representative for Afghanistan and head of Assistance Mission in Afghanistan (UNAMA).“The attack on these servicemen is a tragedy,” Ján Kubiš continued, extending his deepest condolences and sympathies to the families and friends of the victims.According to media reports, the attacker wore an Afghan army military uniform when he opened fire inside a military academy. Among those hit was an Afghan commander. read more

0

Ban welcomes US decision on early release of 6000 prisoners

“In order to address over-incarceration and overcrowding and their human rights implications, some States should develop and implement alternatives to custodial measures, and review penal policies and legislation to ensure proportionate sentencing,” said a statement issued today by Mr. Ban’s spokesperson in New York.“He also welcomes proposals that aim to consider early release of additional prisoners who are serving sentences disproportionate to their crimes, many of which are drug-related,” the statement further noted. The Secretary-General also noted that States should only apply deprivation of liberty as a measure of last resort and only after alternatives have been duly considered.“Consideration needs to be given to alternatives to criminalization and incarceration of people who use drugs, with an increased focus on public health, prevention, treatment and care,” he added in the statement. read more

0

Spy agencies shun Lenovo finding backdoors built into the hardware Updated

first_imgUpdate: Lenovo has been in touch with the following statement: Lenovo has no additional comment on recent reports in the Australia Financial Review. We would like to point out the public statement by the Australia Department of Defence available on their web site that says “This reporting is factually incorrect. There is no Department of Defence ban on the Lenovo Company or their products; either for classified or unclassified systems.”Lenovo is one of the world’s largest PC brands, but it is also a Chinese PC brand. With the US and other Western countries increasingly looking at China’s cyber warfare division as the next great threat, that was bound to create some issues. However, recent news revealing that spy agencies in the US, Britain, Canada, Australia, and New Zealand have prohibitions against using the company’s products seem to be based on more than general suspicion.Apparently, the ban stems from concerns that Lenovo, which is partially owned by the Chinese government’s Academy of Sciences, has built “malicious circuits” into their machines. Testing allegedly proved the existence of backdoor functionality built into Lenovo-brand circuit boards, along with other vulnerabilities built into the firmware.There has of course been no official confirmation of these reports, but the Australian Financial Review claims that “multiple sources” in the spy agencies of both Britain and Australia have confirmed the existence of a written ban. Lenovo itself claims this is the first it has heard of the issue.Lenovo factory workers put together computers to be shipped to the US.The precise nature of the vulnerability is unknown, but Lenovo products are in use in other areas of these very governments. It’s only the secret and top secret divisions that seem to be concerned with this problem, but if Lenovo chips really do have built in vulnerabilities they should all worry. One possible use for a chip of that kind would be to make a Kill Switch, to remotely shut down a computer at will, or to establish back doors for even more nuanced infiltration.Unfortunately, the specifics of these cases are highly classified. One researcher from Rice University claimed that sources at the NSA have been working for years on the problem of Chinese state-sponsored malicious hardware. There’s no way to really confirm these reports however, since the standard response will be a non-comment for reasons of national security.It should be noted that the UKUSA Agreement, which sees high level cooperation between the intelligence arms of the US, Britain, Canada, Australia, and New Zealand, includes some physical networking connections between the partners. This means that a ban on products in one of the nations, particularly the US and Britain, will result in a de-facto ban in the others through use of the same infrastructure.This marks the second time in as many weeks that the Chinese government has been accused of using theoretically private corporations for government work. Last week, the former head of the CIA alleged that Chinese communications giant Huawei is used for spying.last_img read more

0

Defence ministry dismisses claims that US is seeking bases

first_img Facebook Twitter: @NeosKosmos Instagram The defence ministry has denied media reports that the United States has requested the use of military bases on Greek soil as part of a possible military intervention in Syria, the semiofficial ANA-MPA said on Tuesday. “Washington never submitted to the Ministry of National Defence, officially or unofficially, any such request for Greek assistance,” ANA quoted the anonymous source as saying. The denial follows reports in Kathimerini late on Monday that the US had asked Athens, a Nato ally, to provide permission for US military ships and aircraft to pass through Greek territory as well as use of the Souda Bay and Kalamata military bases. However, commentators point out that the defence ministry denial does not rule out that an approach could have been made through Nato channels. The defence ministry denial was the fourth ANA wire on the situation on Tuesday, amid confusion as to whether the ministry or government in general had dismissed the claims. The first one, issued around 11am, said the defence ministry dismissed the claims. That was followed by a second wire, at around 11.30am, that said the denial was in the name of the government, removing any mention of the defence ministry. Then, at 11.45, a third wire was published, removing the anonymous quotation from the dNo efence ministry source. Finally, at noon, a fourth – and final – wire was published, stating that the only valid statement was the one from the anonymous defence ministry source. Venizelos: Geneva II option must be kept open Meanwhile, the foreign ministry on Tuesday announced that Foreign Minister Evangelos Venizelos will meet the British ambassador, John Kittmer, at the ministry at 1pm today. Speaking to journalists on Tuesday, Venizelos, while emphatically condemning the recent use of chemical weapons in Syria, said that all political avenues should be exhausted in relation to Syria. He said that he had spoken to EU foreign policy chief Catherine Ashton and his French counterpart.“We want to unequivocally condemn the use of chemical weapons, which is a heinous crime, affects every humanitarian ideal and offends international law. This reaction must be pure and absolute,” Venizelos said. He said all political possibilities to solve the problem must be kept open, including the one to hold the so-called Geneva II peace conference for the Middle East, “through which a final and lasting solution can be given to the problem of Syria, which is a crucial country in the region”. “We are preparing in every way and we are in contact with all European and other countries, because we have very close cooperation with the countries of the Arab world.” Source: EnetEnglishlast_img read more

0

Govt seeks better result in second presidential vote as bribe claim probe

first_img Facebook Twitter: @NeosKosmos Instagram With all political parties now actively preparing for the prospect of snap elections, MPs are to vote in the second ballot of a critical three-phase presidential vote at noon on Tuesday.The government is hoping that its candidate could garner more support following an appeal by Prime Minister Antonis Samaras on Sunday for political consensus in exchange for early elections at the end of 2015.The overture by Samaras – who also pledged to broaden the government to include “pro-European” personalities – appeared to have influenced some skeptical independent lawmakers. A few indicated on Monday that they would vote for the government’s candidate, former European Commissioner Stavros Dimas. The government is certain to fall short of Tuesday’s minimum of 200 votes but its performance will give an indication of whether it will be able to attain the 180 necessary in next Monday’s final ballot to avert snap general elections.Sources indicated that the government could get between 163 and 169 votes in Tuesday’s vote. Next week’s 180-vote target appears very difficult to reach.Irrespective of the outcome, however, government sources told Kathimerini that Samaras has demonstrated he is open to consensus, unlike leftist SYRIZA which it blames for dragging the country toward elections that could bring fresh political and financial upheaval.Sources said that Sunday’s overture had been discussed by Samaras and his coalition partner, PASOK chief Evangelos Venizelos, and had been planned to take place between the second and third vote. The timing was brought forward for two reasons – the less-than-impressive result in the first vote last week and a sharp spike in tensions triggered by the claims of Independent Greeks MP Pavlos Haikalis that a mediator tried to bribe him to back the government in the presidential votes.A prosecutor shelved an investigation into the claims by Haikalis on Monday, deeming in his report that there was no evidence to back the lawmaker’s allegations. According to sources, Panos Panayiotopoulos also deemed that the audio and visual material submitted by Haikalis – and ostensibly showing the alleged bribery attempt – was illegal.Haikalis may face charges after saying he gave the alleged mediator, Giorgos Apostolopoulos, 5,000 euros to invest on the stock market. Greek MPs are forbidden from speculating on the Stock Exchange and Haikalis on Tuesday changed his story, saying that he lent Apostolopoulos the money.In his testimony Apostolopoulos claimed he had never really intended to bribe Haikalis but to expose him as politically immoral after the MP allegedly confided to him over the summer that he would be open to accepting money in return for backing the government in the forthcoming presidential vote as he had serious financial problems.SYRIZA and Independent Greeks both slammed the prosecutor’s decision to shelve the probe, suggesting that the swiftness of the decision raised questions about the impartiality of judicial authorities.Source: Kathimerinilast_img read more

0

SPOILERS 925 WWE 205 Live TV taping results from Denver to air

first_img The following was taped before Smackdown Live on Tuesday night in Denver.9/25 WWE 205 Live TV tapings:* Lio Rush def. Noam Dar.* Mustafa Ali vs. Hideo Itami went to a no contest.* The Brian Kendrick def. a local wrestler.Source: F4WOnline Adam Martin RELATED ARTICLESMORE FROM AUTHOR Google+ Facebook Pinterest Twittercenter_img WWE reportedly planning to hold a draft for RAW and SmackDown this coming October WhatsApp WWE 205 Live Results – 9/10/19 (Kushida debuts, 6-man tag team main event match) WWE 205 Live Results – 9/3/19 (Drew Gulak aligns with Tony Nese, Lince Dorado competes)last_img read more

0

Confirmed Kepa and Jorginho handed Chelsea debut

first_imgChelsea kick off their Premier League campaign against Huddersfield in what will be Maurizio Sarri’s first league game in chargeSarri who replaced compatriot Antonio Conte at the helm at Stamford Bridge will be hoping for a positive start to his tenure when they confront Wagners’ men.The Italian tactician has gone with a strong line-up as expected, handing new boys Jorginho and Kepa their debut in a Chelsea shirt.Eden Hazard starts on the bench having returned late for pre-season training due to being given additional time off following his World Cup exploits.With an attack boasting the likes of Alvaro Morata, Willian, and Pedro, the Blues will be aiming for the maximum three points.The last time both sides met, Huddersfield held on to a shocking 1-1 draw that derailed Chelsea’s Champions League aims.Maurizio Sarri, JuventusMaurizio Sarri satisfied despite Juventus’ draw at Fiorentina Andrew Smyth – September 14, 2019 Maurizio Sarri was satisfied with Juventus’ performance on Saturday afternoon after finishing a tough game at Fiorentina 0-0.Team to play Huddersfield: Kepa, Azpilicueta, Rudiger, Luiz, Alonso, Jorginho, Kante, Barkley, Willian, Pedro, MorataSubs: Caballero, Hazard, Loftus-Cheek, Moses, Giroud, Zappacosta, ChristensenTeam to play Chelsea: Hamer, Hadergjonaj, Zanka, Schindler, Kongolo, Lowe, Hogg, Mooy, Billing, Pritchard, MounieSubs: Lossl, Smith, Diakhaby, Sobhi, Van La Parra, Depotire, Stankoviclast_img read more

0

Timbers rally to tie Red Bulls 33

first_imgPORTLAND — About two feet. At most a yard.That is how close Ryan Johnson came on Sunday to turning an already raucous Jeld-Wen Field crowd head over heels with delirium.Alas, his bicycle kick in stoppage time slashed just wide of the post.The Portland Timbers were that close to a finish for the ages in their 2013 Major League Soccer opener.As it was, the 3-3 draw with the New York Red Bulls felt like something special after the way it started.New York scored three goals in the first 28 minutes — two because of misplays by defender Mikael Sivestre — as one of the more offensively gifted teams in MLS was happy to take advantage of Portland’s defensive uncertainty.In the second half, the Timbers kept the Red Bulls on the defensive. Portland took 13 attempts at goal after halftime to four for New York, turning a 3-1 halftime deficit into a draw.“It’s disappointing not to, in the end, get the win,” first-year Timbers coach Caleb Porter said. “But it’s hard to be greedy when you were two goals down.”Portland was down early, when confusion between Silvestre and goalkeeper Donovan Rickets allowed Fabian Espindola to steal the ball a few feet from goal in the game’s ninth minute.Five minutes later, the Timbers got a fabulous first goal from new designated player Diego Valeri. After a nine passes moved the ball from the defensive third to the left wing then to the right, Valeri sliced between defenders while juggling the ballNew York goalkeeper Luis Robles had no play on the slicing right-footed shot.last_img read more

0

Sands China supporting Old District revitalization

first_img Load More Sands China Ltd has thrown its support behind the Old District Revitalization Series – Rua de Cinco de Outubro, which aims to help rebuild parts of Macau in the wake of last year’s devastating Typhoon Hato.Organised by the Macao Association for Promoting Community Economic Development, the initiative launched with a kick-off ceremony on 18 August and includes two events: the Old District Photo Event and a Shopping Carnival. The Macao Economic Bureau, the Macao Government Tourism Office and the Macao Trade and Investment Promotion Institute are supporting organisers. Mass market segment helps Sands China to 1.4% revenue growth in 2Q19 RelatedPosts Macau casino stocks enjoy strongest day since December on rising GGR DICJ conducts field exercises with Macau casino operators as typhoon season approaches According to Sands China, its support of the event is part of the company’s ongoing corporate social responsibility efforts to support the Macau community after Typhoon Hato. The aim of the revitalization project is to help SMEs and the community in the old district area attract more customers and tourists, thereby encouraging a speedier recovery and revitalization of the district. More than 50 local SMEs are participating in the initiative.“Sands China is very pleased to be supporting the Old District Revitalization Series,” said Sands China President Dr Wilfred Wong.“We hope this initiative will speed the recovery of SMEs in the old district and will hasten the revitalization of the area. We also hope to promote the history and culture of Macao. Our gratitude goes to the Macao SAR government for the coordination of the event and to the Macao Association for Promoting Community Economic Development.“Sands China will continue to cooperate with the Macao government to support the community and the development of SMEs, in promotion of the economic development of Macau and the city’s development as a world centre of tourism and leisure.”Kou Hoi In, founder of the Macao Association for Promoting Community Economic Development, added, “I am very pleased that this event is supported by a number of government departments. My gratitude goes to Sands China for its support in diverting local customers and tourists to the old district and helping them learn more about the old community in Macau.”last_img read more

0

Merkel condemns farright xenophobic attacks

first_imgGerman Chancellor Angela Merkel speaks during a session at the lower house of parliament Bundestag in Berlin, Germany, 12 September 2018. Photo: ReutersGerman Chancellor Angela Merkel condemned xenophobic attacks and the use of Nazi slogans in a robust speech to parliament on Wednesday after the most violent far-right demonstrations in decades exposed deep divisions in the country.In an unusually rowdy session in the Bundestag (lower house) later, far-right Alternative for Germany (AfD) deputies stormed out of the chamber after a Social Democrat (SPD) accused them of being “unsavory” right-wing radicals.Protests by right-wing militants in the eastern city of Chemnitz two weeks ago after the fatal stabbing of a German blamed on two migrants have reignited a fierce debate about Merkel’s 2015 decision to let in more than a million refugees.”There is no excuse or reason for hunting people down, using violence and Nazi slogans, showing hostility to people who look different, who have a Jewish restaurant, for attacks on police officers,” Merkel told the Bundestag.”We will not allow whole groups in our society to be quietly excluded,” she said, adding that Jews, Muslims, Christians and atheists all belong in German society, and stressing that human dignity was paramount.Before Merkel took the podium, the head of the AfD group in the Bundestag said Germany’s “domestic peace” was at risk.”As disgusting as Hitler salutes are, I would like to remind you that the really serious event in Chemnitz was the bloody deed (committed) by two asylum seekers,” said Alexander Gauland.He accused Merkel of spreading fake news about the protests and supported Hans-Georg Maassen, head of the BfV intelligence agency who is under fire for questioning whether video footage showing rightist gangs hounding migrants were real.”The truth is, there was no hunting down of people in Chemnitz… The citizens who demonstrated were criminalised,” said Gauland.”Mrs Chancellor, you have nothing more to offer the people of this country than obstinacy, dogmatism and insults. Barricade yourself up in the chancellery away from reality!”After Maassen took questions from a parliamentary committee behind closed doors about his comments on event in Chemnitz, Interior Minister Horst Seehofer said he saw no reason to dismiss the BfV chief.But the SPD said that after examining a BfV report on the violence and hearing Maassen’s defence of his disputed views that he should resign, saying it remained unconvinced he was the right person to lead the agency.The centre-left SPD is the junior member of Merkel’s conservative-led coalition.The AfD, some of whose members joined right-wing militants in the Chemnitz marches, is the third biggest party in Germany. Its lawmakers’ presence in parliament, which they entered after the 2017 election, has generated a more confrontational climate.Senior Social Democrat Johannes Kahrs launched a verbal attack on the AfD: “Right wing radicals in parliament are unsavory. Hate makes you ugly – look in the mirror!”At that, all AfD deputies stood up and left the chamber. In a statement, the party said Kahrs had compared them to Nazis and described his insults as “unacceptable”.Earlier, former Social Democratic leader Martin Schulz also condemned the AfD, ending up by saying, “You belong on the dungheap of history,” to loud applause.last_img read more

0

Texas Would Get Windfall Under GrahamCassidy But That Doesnt Mean Better Care

first_imgGABRIEL CRISTÓVER PÉREZ / KUTUnder the latest GOP health care bill, money would come to the states in the form of block grants that states could use however they choose.Republicans in Congress are pushing yet another plan to repeal the Affordable Care Act, and Texas, at first glance, looks like one of the big beneficiaries in the short term.The new bill, known as Graham-Cassidy, would completely shake up how the federal government allocates money to states to cover health care. The money would come to states as block grants, allowing lawmakers to spend it on health care however they choose.Texas would get a windfall of $35 billion under the plan, according to Avalere, a nonpartisan health care consulting group.That money would replace current programs created under the Affordable Care Act, including the Obamacare marketplace here, which is how more than 1.2 million Texans get insurance now.Stacey Pogue, an analyst with the left-leaning Center for Public Policy Priorities, said she’s concerned that additional money will not improve health care for low- and middle-income Texans.Texas doesn’t really have the infrastructure to distribute the money, she said, blaming that on a lack of interest from Texas officials.“We were always way behind the curve in looking at options and trying to find innovative state options,” Pogue said. “It …  just simply wasn’t a priority in the state.”Those priorities will have to change if the state wants to keep that money and use it to provide health care, she said.Under Graham-Cassidy, Texas would have until 2020 to come up with a system to replace the federal marketplace.“It would be an enormous amount of work to create affordable coverage programs from scratch in that amount of time,” Pogue said. “I don’t know that there’s the political will to ensure that low- and moderate-income Texans continue to get coverage that’s at least as good and at least as affordable as they do today.”Pogue said if Texas officials don’t manage to create infrastructure in time, people will lose coverage.Graham-Cassidy also puts hard limits on how much money the federal government gives states for each person in Medicaid. In Texas, that’s mostly children.“This results in extraordinary, draconian cuts to the Medicaid program for Texas over time,” said Stacy Wilson, president of the Children’s Hospital Association of Texas.Wilson said children in the program will see a 31 percent decrease in funding for their health care under this plan.“Which means for our hospitals – whose patients are anywhere from 50 to 80 percent of the people that they see – those are going to be huge, huge unsustainable funding cuts for them,” she said.Both Wilson and Pogue also said they are also concerned the bill doesn’t have any funding assured after 2027.Copyright 2017 KUT 90.5. To see more, visit KUT 90.5. Sharelast_img read more

0

Forensics Report Shows What Guns Are Mostly Used For In Harris County

first_img 00:00 /03:59 Listen DmyTo/Getty Images/iStockphotoLess than a month ago, Devin Kelley walked into a church in Sutherland Springs, Texas and opened fire killing 26 people.An armed neighbor wounded Kelley who later turned his gun on himself.State Attorney General Ken Paxton suggested on Fox News that good people with guns might stop the bad ones.“If it’s a place where somebody has the ability to carry there is also the opportunity that the gunman will be taken out before he has the opportunity to kill very many people,” Paxton said.But how often does that happen, that a bystander saves the day with a gun?That question was just one of many we wanted to look into. For some answers we talked with Ashraf Mozayani.“Very very low number you are looking that somebody protects themselves with the gun,” she said.How would Mozayani know?For years, she saw the result of gun fire first-hand when she worked at the medical examiner’s office. “I have been the lab director and chief toxicologist for Harris County Institute of Forensic Science or at that time we called the medical examiner’s office from 1996 to 2012,” she said.If someone died in Harris County and required an autopsy, Mozayani was a part of a team analyzing the report.“In any medical examiner office every morning you usually sit at the table and see every case that comes to the office,” she said.Mozayani said she rarely saw a report of a fatality where someone used a gun in defense.“It’s not that many and those people that are protecting themselves with a gun are usually well trained police officer or someone off duty,” she said.So, if people are rarely using guns for protection, how were they being used when someone was killed?We found the most recent statistics in the 2016 annual report from where Mozayani used to work, the Harris County Institute of Forensic Sciences.In Harris County last year, there were 478 homicides,  people killing other people.Knives, clubs, and strangulation were used in some but in the vast majority, a gun was the weapon,  accounting for 371 of those 478 homicides.In cases of people killing themselves, guns accounted for 285 of the 500 suicides in Harris County last year.“For the victims of suicide it is firearm,”Mozayani said. “It’s about 60 percent of them is firearm.”Mozayani pointed us to a particularly troubling stat, she says when children died from injuries in Harris County, the leading cause was a gun.Last year, guns killed 33 kids. That’s more than any other single cause, including drownings, even car accidents.Next, we asked Mozayani about exactly what kinds of guns are used in Harris County. “So pistols is about more than 60 percent of the cases that come to the lab,” she said.So, handguns as opposed to the semi-automatic rifles used in mass shootings including those in Sutherland Springs and Las Vegas.Mozayani says in the 16 years she worked in the medical examiner’s office, she never saw any cases near the horrific magnitude of those.It was instead a day-in-day-out continuous stream of gun-caused death.And how did that make Mozayani feel about guns?“I am a gun owner and that happened exactly after the Ike flood,” she said. “I was alone in the house. I was very very afraid.”So, she got a gun for protection.Mozayani said it just comes down to being a responsible gun owner.“It’s very important who has the gun and how to keep the gun and what kind of gun they have,”she said.Mozayani is now a professor of forensics at Texas Southern University.She  plans to have her PhD students do a study next year on trends in gun ownership and gun use in Houston. Share To embed this piece of audio in your site, please use this code: Xlast_img read more

0

Sonos Files Confidentially for IPO Could Go Public as Early as June

first_img Popular on Variety One of the job listings also mentioned that the company is in the process of implementing SOX 404 compliance. This refers to section 404 of the Sarbanes – Oxley Act, which Congress passed in 2002 to protect investors of public companies through better disclosures.Last year, Sonos CEO Patrick Spence told Variety that the company was looking at an IPO as a possible next step: “We are considering whether an IPO would be the next best thing,” he said. “We are in a strong place, growing, profitable.” ×Actors Reveal Their Favorite Disney PrincessesSeveral actors, like Daisy Ridley, Awkwafina, Jeff Goldblum and Gina Rodriguez, reveal their favorite Disney princesses. Rapunzel, Mulan, Ariel,Tiana, Sleeping Beauty and Jasmine all got some love from the Disney stars.More VideosVolume 0%Press shift question mark to access a list of keyboard shortcutsKeyboard Shortcutsplay/pauseincrease volumedecrease volumeseek forwardsseek backwardstoggle captionstoggle fullscreenmute/unmuteseek to %SPACE↑↓→←cfm0-9Next UpJennifer Lopez Shares How She Became a Mogul04:350.5x1x1.25×1.5x2xLive00:0002:1502:15center_img Smart speaker maker Sonos is looking to go public as early as June, the Wall Street Journal reported Wednesday. The company has confidentially filed with the SEC for a public offering and is looking to be valued as much as $3 billion, according to the paper.Sonos has been mulling over an IPO for some time, in part to raise funding for a further expansion of its retail footprint. The company is currently operating stores in New York, London, Shanghai and Berlin. A public offering could bring in several hundred million dollars for Sonos, according to the Wall Street Journal.This isn’t the first time a potential Sonos IPO is making headlines. Earlier this month, Variety was first to report that the company was looking to hire for key finance and legal roles, with job listings demanding previous public company experience.last_img read more

0

Physical chemistry could answer many questions on fracking

first_img(Phys.org) —By some estimates, continued growth in hydraulic fracturing (or “fracking”/”fraccing”) could put the US on the path to self-sufficiency in energy over the next few decades. Yet despite the potential economic benefits, fracking has also generated controversy due to the unknown long-term consequences of all the drilling, pumping, fracturing, and extracting processes involved. Now, two scientists have identified several important scientific challenges encountered in fracking that can be addressed with physical chemistry, which could lead to improved fracking techniques. Journal information: Journal of Physical Chemistry Letters Citation: Physical chemistry could answer many questions on fracking (2013, March 5) retrieved 18 August 2019 from https://phys.org/news/2013-03-physical-chemistry-fracking.html Other questions include how much natural gas is absorbed by the porous shale, how much natural gas (and other hydrocarbons) is present in source rocks, whether these can be produced, whether fracturing fluids can be designed to reduce the amount of salt and trace metals that are extracted along with the hydrocarbons, how proppants (additives used to “prop” open the fractures) change the flow properties of the hydrocarbons, how back-flow water is treated after it flows back to the surface, how to minimize natural gas and oil leaks at the surface to avoid contaminating aquifers, and many more. “We believe that proper fundamental investigations and attention in the application of the hydraulic fracturing technology will be able to limit the environmental impact of hydraulic fracturing,” Striolo said. “Although accidents can always happen, proper planning and attention to safety and environmental regulations will limit the likelihood of such events.”Essentially every stage of the fracking process poses fundamental questions, but Yethiraj and Striolo think that physical chemists, with collaboration from researchers in other fields, are capable of providing answers. Both scientists are currently investigating questions that could impact fracking in the future. Yethiraj and his group are developing models for water and aqueous solutions and investigating the static and dynamic properties of water-soluble polymers. Striolo has been investigating the thermodynamic and transport properties of aqueous systems confined in narrow pores. He is also participating in an international initiative (Deep Carbon Observatory https://dco.gl.ciw.edu), whose goal is to better understand the Earth’s carbon cycle. The results from these areas of research could help answer some of the questions highlighted in the commentary. Copyright 2013 Phys.org All rights reserved. This material may not be published, broadcast, rewritten or redistributed in whole or part without the express written permission of Phys.org. English tremors blamed on shale ‘fracking’ The process of hydraulic fracturing involves drilling a vertical and horizontal well, which can allow the exploration of wide shale formations (up to 6,000 acres) with only a small surface pad (6 acres). Points A, B, C identify the locations for future research opportunities. Credit: Arun Yethiraj and Alberto Striolo, et al. ©2013 American Chemical Society Physical chemists Arun Yethiraj, a professor at the University of Wisconsin-Madison, and Alberto Striolo, an associate professor at the University of Oklahoma in Norman, have published an overview of how physical chemistry could lead to a better understanding of fracking in a guest commentary in The Journal of Physical Chemistry Letters. Over the past several years, fracking has become more widespread in the US as a relatively cheap way to produce natural gas and oil. The basic process involves drilling into the ground, first vertically and then horizontally; lining this well with a metal casing that contains small holes; and then pumping water (with some additives) into the well at high pressure, which flows through the holes and causes the surrounding rock to crack open. Out of the open cracks in the rock, fluids such as natural gas, oil, and about 10% of the pumped water can flow back to the well and be collected at the surface.While fracking is currently being used with commercial success, much is still unknown about the details of the process. In 2012, the US National Science Foundation funded a workshop on hydraulic shale fracturing that brought together scientists and engineers from a variety of backgrounds. In the new commentary, Yethiraj and Striolo draw upon the information from this workshop to address the fundamental scientific problems that arise in fracking, and briefly propose how they might be solved with tools from physical chemistry.”We attempted to outline many physical chemistry questions, to engage the broad community,” Striolo told Phys.org. “Every scientist can target a question of his/her personal interest. The impact on the development of the fracking technology, however, is likely to depend on a global systemic approach, where all aspects we pointed out, and others, are tackled together.”For instance, some of the big questions in fracking require a better understanding of the physical properties of fluids in shale, which could be addressed by methods that characterize the shale microstructure and nanostructure, as well as measurements that monitor changes in rock properties upon infiltration of fluids. And since only 10% of the water that was pumped into the well flows back out, where does the rest of it go? If the water is absorbed into the shale, how does it affect the rocks’ response to mechanical movement? Experimental data, computer simulations, coarse-grained models, and theoretical studies could help answer these questions. More information: Arun Yethiraj and Alberto Striolo. “Fracking: What Can Physical Chemistry Offer?” The Journal of Physical Chemistry Letters. DOI: 10.1021/jz4000141e This document is subject to copyright. Apart from any fair dealing for the purpose of private study or research, no part may be reproduced without the written permission. The content is provided for information purposes only. Explore furtherlast_img read more

0

Gods not dead as yet

God, is he an entity in real or merely a myth? This question has dogged mankind for long. Carrying forward the doubt-belief system, the play Krishan Vs Kanhaiya questions your faith, in the spiritual and ritual sense, in God.An adaptation of the Gujarati play Kanji Virudh Kanji, the drama satirically narrates a tale which revolves around an altercation between an atheist and god. Directed by Umesh Shukla, it casts Paresh Rawal in a pivotal role as the atheist Krishna alongwith Chirag Vora, Jimit Trivedi, Puja Gupta, Ankit Trivedi among others. Also Read – ‘Playing Jojo was emotionally exhausting’After an earthquake ravages his antique shop, Krishanlal Mehta asks the insurance company to pay the damages. However, he is in for a rude shock when the insurance company doesn’t give him the money because the disaster is not man-made but ‘made by god’. That seals it for Krishan and he decides to file a case against god himself.What follows is a very intelligent, deeply thought out and well-argued case for and against the existence of god, the role of multi-billion religious trusts, how the common man has become ‘god fearing’ rather than ‘god loving’ and the fallacies of insurance. The arguments in the court between Krishan, and god, Kanhaiya are both hilarious and raise questions about religious faith. Also Read – Leslie doing new comedy special with NetflixTo add a twist to the tale, Kanhaiya — the Lord himself — presents himself to Krishan and through witty dialogues and smart arguments gets him to see the truth about God, taking him on a journey wherein the atheist gets converted to a hardcore believer.The writer, Bhavesh Mandaliya, does an incredible job adding humour to a serious plot. The play’s focus isn’t on showing an atheist’s conversion to someone religious, rather it is about the arguments raised for and against one’s belief in a higher power. The director, Umesh Shukla, uses the script to bring that idea out through the lighting effects and stage design. Similarly Paresh Rawal’s comic timing and punches are sharp as a shooter’s and hits the bull’s eye. The length of the play- two hours and 15 minutes could have probably been reduced. read more

0

Mortgage Pro Makes Move to Online Initiative

first_img Agents & Brokers Attorneys & Title Companies Investors Lenders & Servicers Movers & Shakers Processing Service Providers 2011-10-05 Abby Gregory A former mortgage banking executive is moving on to the lucrative realm of technology based real estate initiatives. Elizabeth O’Brien, previously a director for “”Citigroup, Inc.””:http://www.citigroup.com/citi/homepage/, was recently announced as the managing director and SVP of “”Auction.com””:http://www.auction.com/, a Web site focused on online housing auctions.[IMAGE]O’Brien will target the firm’s business within residential capital markets in her new role, and she will take up her new post immediately, while basing out of Auction.com’s New York location. Possessing more than 17 years of experience in the mortgage industry, O’Brien’s diverse skill set will enhance the tech company’s platforms as it strives to facilitate additional growth.[COLUMN_BREAK]While with Citigroup, O’Brien served in the fixed-income division as its director of mortgage finance, and she also handled the secondary securitization and liquidation of major transactions as she helped manage the financial institution’s legacy asset portfolio. Much of O’Brien’s work in the mortgage industry has focused on the client portion of real estate investments, and she boasts international practice as well, having been a part of “”Goldman Sachs””:http://www2.goldmansachs.com/’ Hong Kong office during her employment with the company. O’Brien performed within the entity’s real estate principal investment division while overseas and acted in a similar role as part of Goldman Sachs’ New York location as well.Auction.com’s CEO Jeff Frieden commented on O’Brien’s hiring, saying, “”Beth’s expertise enables us to build on the success of our residential foreclosures and commercial notes platforms and expand into residential notes. Her track record in distressed mortgage finance makes her a driving force behind our ongoing growth as the world’s preeminent real estate auctioneer.””The online organization specializes in a variety of types of real estate auctions and participates in both live and Web-based auction activities. Auction.com also offers broker initiatives and gives buyers access to online bidding for properties at hitting the block. Mortgage Pro Makes Move to Online Initiative in Data, Government, Origination, Secondary Market, Servicing, Technologycenter_img October 5, 2011 440 Views Sharelast_img read more

1 2 3 10