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Tendulkar to make his commentary debut in WC opener

first_imgMumbai: Legendary Indian cricketer Sachin Tendulkar will be making his on-air expert debut with the World Cup beginning on Thursday in England and Wales. Tendulkar will grace the commentary box during the tournament opener between England and South Africa to be played at The Oval, London. The Master Blaster will join the Philips Hue Cricket Live pre-show in Hindi and English at 1.30 p.m. with his very own segment ‘Sachin Opens Again’ at the Star Sports network. He will be joined by an already illustrious panel of experts, some of whom have had the pleasure of playing alongside and with him. Tendulkar holds a number of ICC Cricket World Cup records. He scored 2,278 runs in the six editions of the World Cup he played. He also holds the record for scoring the highest number of runs in a single edition of the World Cup — 673 in 11 matches in 2003. India will begin their World Cup campaign on June 5 against South Africa.last_img read more

Moroccan Police Arrest Suspects in MP Murder

Rabat – The Central Bureau for Judiciary Investigations (BCIJ) arrested on Friday suspects in the murder of Member of Parliament Abdellatif Merdass, who was fatally shot outside his home earlier this month.The BCIJ, affiliated with the General Directorate for the Control of the National Territory, unveiled that an unnamed number of suspects in the March 7 murder of the MP were arrestedIn a communiqué released the same day, the Central Bureau pointed out that security efforts enabled the identification and the arrest of the suspects of the criminal act as well as the seizure of the vehicle they used in the execution of the crime. Investigations carried out in the houses of the suspects resulted in the confiscation of a hunting rifle and cartridges similar to those used in the assassination. These were referred to the National Laboratory of Scientific and Technical Police for forensic testing.The communiqué added that the arrest was the result of a collaboration between the Central Bureau for Judiciary Investigations and the National Division of Judicial Police and the Judicial Police forces in Casablanca.According to the same source, the search procedures in this case required the collection of technical data, their analysis, as well as the acquisition of conclusive physical evidence through an analysis of materials taken from the crime scene.The report also pointed out that the suspects have been taken into custody and are at the disposal of the investigation conducted under the supervision of the competent public prosecution. read more

Fonseka and Range Bandara still listed for Ministry posts

It was reported the President had refused to appoint Fonseka and Bandara as Ministers.Fonseka had been accused by the President of being part of a plot to kill him while Bandara had leaked an audio recording of the President attempting to get Bandara to join the Mahinda Rajapaksa Government before Wickremesinghe was made Prime Minister. (Colombo Gazette) He said that the Prime Minister was in talks with the President and Fonseka and Bandara are expected to be appointed as Ministers soon. Former Ministers Field Marshal Sarath Fonseka and Range Bandara are still listed for Ministry posts, Minister Vajira Abeywardena said today.He said that there was an issue over Fonseka and Bandara and this resulted in the two not being appointed today. However Abeywardena said that Fonseka and Bandara are still in the list of names given by Prime Minister Ranil Wickremesinghe to President Maithripala Sirisena as the nominees for Ministerial posts. read more

Swissport union members reject new offer

Swissport ground crew employees will remain on the picket lines at Pearson International Airport after rejecting a new contract offer.The union representing around 700 baggage handlers, cabin cleaners, and other crew employed by Swissport turned down the proposal by a 98 percent margin.Union representative, Christopher Monette, says the second offer was almost identical to the first and “all they did was change a few details.”Swissport services some 30 airlines at Pearson including Air Transat, Sunwing, Air France and British Airways.The strike has been ongoing since July 27 when workers walked out after rejecting an initial contract offer from Swissport. read more

Nike drops Patriots Brown amid 2d sexual assault charge

FOXBOROUGH, Mass. — Nike has dropped New England Patriots receiver Antonio Brown.Shoemaker spokesman Josh Benedek told The Associated Press on Friday, “Antonio Brown is not a Nike athlete.” The move comes after a second woman accused Brown of sexual assault. He was already facing accusations of rape by a former trainer.Through his attorney, Brown has denied the allegations. He declined to answer questions about the accusations in the Patriots locker room Thursday.Nike’s decision was first reported by the Boston Globe.The NFL did not immediately respond to requests for comment. The Patriots have not commented.___More AP NFL: and Golen, The Associated Press read more

Tunisia UN condemns deadly attack on bus carrying presidential guards

“The Secretary-General reiterates that the United Nations will continue to stand with the people of Tunisia as they confront the scourge of terrorism and continue to consolidate and strengthen their democracy,” said a statement issued by his spokesperson, in which the UN chief also offered his condolences to the families of the victims and the people and Government of Tunisia.In a separate statement, the UN Security Council also strongly condemned what it referred to as a “terrorist attack” against the Tunisian Presidential Guard bus, and which it said had left at least 12 people dead.The members of the Council expressed their deepest condolences to the families of the victims of this heinous act and to the Government of Tunisia.The Council underlined the need to bring perpetrators, organizers, financiers and sponsors of this reprehensible act of terrorism to justice, and urged all States, in accordance with their obligations under international law and relevant Council resolutions, to cooperate actively with the Tunisian authorities in this regard.Stressing that “no terrorist attack can reverse the path of Tunisia towards democracy and its efforts towards economic recovery and development,” the Security Council reaffirmed the need to combat by all means, in accordance with the UN Charter, threats to international peace and security caused by terrorist acts. read more

FRANCE 2017 Handball will be played at football stadium

French Handball Federation has announced the cities and venues where World Championship 2017 will be held. FFHB decided to make unforgetable spectacle with matches at football stadium in Lille, which will be composed as arena with 25.000 seats. The Pierre Mauroy Stadium will host two matches of 1/8 finals and probably also 1/4 final match of the host team.Here are the other cities:Aix en Provence(6000 seats) – hall to be build until 2016.Albertville (7100 seats)Brest: (4.300 seats) – President CupMetz (5.300 seats)Montpellier (9000 seats)Nantes: (9.000 seats)Paris (16.000 seats) final weekendRouen (5.300 seats)The budget of the tournament is about 24.000.000 EUR. ← Previous Story VIDEO: World Champions are in Plock! Next Story → Kentin Mahe to Fuchse Berlin! france 2017 handballhandball football stadiumlille handball read more

Lunchtime Fix 7 things you need to know

first_img A quick look on @flightradar24 and you can see the move away from Ukraine airspace— PLANEtalking (@PLANE_talking) July 17, 2014 Source: PlaneTalking/Twitter 2. A woman has been arrested over the discovery of a man’s body in a house in Rathfarnham, Dublin, yesterday. A post-mortem is expected on the man’s body today. Source: Laura Hutton/Photocall Ireland3. Over 80 per cent of Ireland’s over-50s are overweight, a new study says. The sobering research shows that Irish men are on par with Americans when it comes to obesity. Silvio Berlusconi fully acquitted of both accusations:A. there was no extortion;B. underage prostitution: no crime was committed.— Alberto Nardelli (@AlbertoNardelli) July 18, 2014 4. Margaretta D’Arcy is to be released from prison today. The anti-war activist had refused to sign a bond saying she would act lawfully and stay out of unauthorised zones in Shannon Airport.5. Frank Flannery has said that the Public Accounts Committe had a ‘feral’ attitude towards him. He also alleged that the PAC had acted “outside the law” by attempting to get him and Angela Kerins to appear before them. Permission was declined for this two days ago. Frank Flannery is unimpressed Source: Eamonn Farrell/Photocall Ireland6. Silvio Berlusconi has had his conviction for paying for sex with an underage prostitute overturned. The former Italian Premier has also been acquitted of charges of abuse of power.center_img Source: Alberto Nardelli/Twitter WHAT’S THE STORY?1. It’s a blame-game over the shooting down of Malaysia Airlines flight MH17, with Ukraine and Russia both pointing the finger at each other over the tragedy. Ukraine rebels have guaranteed investigators ‘safe access’ to the crash site. Meanwhile, this incredible radar image has emerged: 7. The thunder is STILL rolling (sorry)… The Garth Brooks debacle will be brought up again today when Dublin city Chief Executive Owen Keegan appears before an Oireachtas Committee at 2pm.Read the rest of the day’s news>last_img read more

Updates from the potting shed and a recipe for spicy carrot and

first_img 3 Comments Share Tweet Email1 Saturday 25 Feb 2017, 3:00 PM Gardener WE HAVEN’T HAD too much cold weather this winter, but in the last few days things turned freakishly mild, with temperatures in the low teens by day and even staying above 10 degrees at night.There’s an overall sense of spring in the air, but like most GIYers I can’t help but worry about how unseasonal it is and still think it likely we could get another cold snap in March or April.The potting shedOn the other hand the mild spring weather makes the job of coaxing little seeds from the soil a little easier. I wrote last week about how I always sow my tomatoes, peppers and aubergines in the potting shed in February.All of these veg need a long growing season, but they also prefer temperatures in the mid-twenties and so it goes without saying that sowing them from seed successfully means having to cheat the Irish weather somewhat. I create a mini-Mediterranean for them using a heating mat and lots of fleece. Source: Shutterstock/nednapaTo my delight (and it was delight) the tomato seeds germinated quite quickly and quite suddenly mid-week this week. One day it was bare soil, and the next about half the seeds had germinated, and surprisingly tall seedlings had pushed out of the soil.It’s hard to believe that these tiny little plants will grow up to 8ft tall or more during the summer months and will be (we hope) laden down with hundreds of tomatoes.It is warm enough by day at that moment that the fleece cover can come off during the day at least. With the heated mat helping to dry the soil out, I am having to water the trays every other day.The mild weather has helped and hindered elsewhereOut in the big tunnel a row of early pea seeds that I sowed in January have also germinated, and have started their determined growth towards the metal support I put in place for them to grow up.There’s no sign of any life yet above the soil with the early potatoes, also sown in January and also covered with a thick layer of fleece to keep them warm.I also did a clear out in the salad polytunnel this week mostly to clean up the paths that had become suddenly carpeted in weeds (presumably again, “thanks” to the mild weather) and to clear out the autumn-sown pak choi that had bolted.The hens were delighted to receive these plants and have spent a happy two or three days picking over them. We still have some oriental greens, winter purslane (claytonia) and spinach in the tunnel, but probably only enough for a few weeks more so I am reminded to schedule a sowing of salads in the week ahead.If this mild weather continues they should grow quickly to replace the ailing polytunnel crop.The Basics – Thawing and freezing of soilMild weather is always welcome to gardeners but it often means that our soil is deprived of one crucial winter and spring process: thawing and freezing. As the ground thaws and freezes between day and night it contracts and expands.This constant thawing and freezing of soil breaks up the larger clods which makes it easier to work the following spring. Turning soil with a fork will start to break up the layers, as well as exposing insect eggs and larvae for the birds to take care of.In addition, if it freezes again, it will kill any exposed pests. Fans of “no-dig” gardening on the other hand generally don’t bother with turning the soil, they cover the ground with a layer of fertility-returning organic matter (usually compost, seaweed or farmyard manure) and let the worms do the job of digging that into the soil over the winter months.This month at GROW HQ: A Soil Health Panel Discussion; 6.30-8.30pm Monday, February 27Scientists are saying there are only 60-100 food harvests left before our soil is totally degraded.Based on the launch of the People for Soils Campaign which is working towards gaining protected status for soils in Europe, this panel will discuss the current issues of soil erosion and compaction, management and protection and our national issue of flooding.Soil erosion is a huge issue worldwide, and we are still learning about its importance and role in food security and climate change. The panel includes GIY Head Grower Richard Mee and Michael Kelly. Tickets €10 from Cottage Market GIY’s Community Manager Karen O’Donohoe and founder Michael Kelly at the launch of GIY’s new Cottage Market initiative. Source: Mary BrowneWe are aiming to put home-made, home-grown food and craft back at the centre of Irish communities and with that in mind we’re inviting community groups around Ireland to apply for supports as part of our new “Cottage Market” initiative.The initiative invites groups to avail of start-up funding in order to set up and run their own Cottage Market. Our partners Ulster Bank and The Ireland Funds are set to support us to the tune of €65,000 over the next two years.Applications can be made at in order to avail of funding, training and other supports which will help them to establish and run their very own Cottage Market. The deadline for applications is March 3 next; the groups behind the 20 new Markets will be selected by March 10 with the training programme taking place on March 25.Recipe of the Week – Spiced Carrot and Lentil Soup Source: Shutterstock/Olga NayashkovaThis is a lovely spicey soup from the BBC’s Good Food website. It’s full of iron and low in fat.Ingredients600g carrots, washed and coarsely grated (no need to peel)2 tsp cumin seedsa pinch of chilli flakes2 tbsp olive oil140g split red lentils1l hot vegetable stock125ml milkplain yogurtHeat a large saucepan and dry-fry the cumin seeds and chilli flakes for 1 min, or until they start to jump around the pan and release their aromas. Scoop out about half of the seeds with a spoon and set aside.Add the oil, carrot, lentils, stock and milk to the pan and bring to the boil. Simmer for 15 mins until the lentils have swollen and softened. Whizz the soup with a hand blender or in a food processor until smooth (or leave it chunky if you prefer).Season to taste and finish with a dollop of yogurt and a sprinkling of the reserved toasted spices.Michael Kelly is founder of GIY and GROW HQ. Click here for more GIY tips and recipes. Feb 25th 2017, 3:00 PM Short URL 140 Views Michael Kelly By Michael Kelly Updates from the potting shed – and a recipe for spicy carrot and lentil soup There’s an overall sense of spring in the air and the mild weather makes the job of coaxing seeds up a little easier, writes Michael Kelly. Tweet thisShare on FacebookEmail this articlelast_img read more

Literally every day during the recession Id come in and check how

first_img Take me to Fora Paschal Naylor and Adam Grennan of Cisco Source: ArkphireThat’s how Arkphire came about. We started with a sort of blank canvass at a very poor economic time, but we had one or two opportunities we felt we could build on.Compared to starting up a new entity, it was obviously a bit easier because we started with around €10 million in revenue, but there was no profit. So in the first quarter we tidied up of the balance sheet.Even back then we had the plan in our heads to hit €50 million in revenue. That was stage one of the five-year plan and even back in the depths of a recession we felt we could do it.Hitting our €50m goalHow we got to €50 million wasn’t the original plan, but that has always been the ambition because we felt to be recognisable in the business we needed to be of that size.Over those years we invested in acquisitions and improving the business by doubling our staff, so we have lagged on the profitability piece – although last year our operating profit hit €1 million. This year, our revenue will be in excess of €70 million.Not everything we’ve done to grow the company to over €50 million has worked. The lesson we’ve learned is that when you’re going into new business areas, it takes nearly twice as long to hit your targets and always costs more than you expect – that’s my experience.When we went to the UK, it took us an extra two years to reach our pendulum point, but now it’s running very nicely for us.If I could wind the clock back and do something differently, we would have done more work in the US earlier.It’s a market where we still expect to see huge benefits, so I would have liked to have tapped into that market sooner because working over there also brings us learnings for the Irish marketplace.What’s going on in San Francisco now – tech-development wise – will be going on here in two years’ time, so having a presence over there allows you to bring new methods from across the Atlantic over sooner. Paschal Naylor with Mary Mitchell O’Connor Source: Susan Jefferies PhotographyReaching €100mFor us, as a company, the big moments aren’t just about the revenue and profit milestones.One of the best highs we’ve had as a business was when we won the Deloitte Best Managed Company award and we were also on the Fast 50 list last year. I guess the low point was back in 2008 and 2011 when lots of companies in Ireland had a very tough time.Literally every day I would come in and look at the cash position – that’s not a time any of us would like to go back to.I’m not saying it’s easier now, but I think everyone in business back then would tell you there wasn’t much going on and you had to be very careful about what you invested in. There was no room for error.Those years caused a lot of stress for us, but the upside of it is that it makes you value customers.You can’t say for a second that it’s all hunky dory now when the UK has decided to leave the EU and in the US you have a storm brewing around the visa programmes.However, it could turn out to be an opportunity if tech manufacturing jobs come here and maybe if Ireland becomes a hub for big financial firms. I know that it will affect us, but I can’t say how yet.Paschal Naylor is the co-founder and managing director of Arkphire. This article was written in conversation with Killian Woods as part of a series on unlikely entrepreneurs.If you want to share your opinion, advice or story, email by Paschal Naylor and posted on Paschal Naylor 5 Comments Share Tweet Email6 357 Views By Paschal Naylor Co-founder, Arkphire center_img Sunday 30 Apr 2017, 6:35 AM I COME FROM a family printing business background that my father set up in the west of Ireland during the 1960s. That business is still around today.It was a general commercial house which started out as a letterpress business, but its use was dying around the time when I joined, so it has had to reinvent itself over the years to stay relevant.My time in the family business taught me an awful lot about change and how technology was going to alter the way everything was being done. I think it was what drew me towards working in tech, but in a position that allowed me to jump into whatever part of the sector I found interesting.I looked at the printing industry and saw that if I stayed I would have gone down avenues that were about to be swallowed up by technology – it was all about to die.So I thought to myself that what I needed to do was skill myself in something that had a wider scope. That’s what really drew me towards training in finance. Paschal Naylor Source: ArkphireCareerFollowing a spell in the printing business, I went off and started my career in accounting. I worked mainly around Dublin and joined the multinational General Foods, which had a manufacturing plant in Ireland.However, around the late 1970s and early 1980s, there was a push towards promoting IT firms and the IDA was doing a lot of work bringing in those types of companies.I really wanted to get into the IT and tech sector, so I joined a multinational called Mostek, which was one of the early companies in the IT test and assembly space in Ireland.I spent a number of years there and then went to a company called Memorex, which had a manufacturing plant that made CDs.I didn’t know at the time, but it was the forerunner of Arkphire – our own IT consulting and services company that we launched in 2010.So I’ve been attracted to working in IT and tech for a long time, but what also drew me in was the chance to work in startups. I find them very exciting and it’s a different world to traditional business.Mostek was a startup and it introduced me to a whole different sense of work ethic. In some ways, it was like the wild west in that we were building as we grew. Working for Memorex also gave me the desire and excitement for startups.We were a small part of a multinational and we reported to the head office, but it was all very entrepreneurial and run like a startup.Over the years I had moved up the ranks to run the Irish operation. I think because I came from a family business background, I treated the business as if I was running my own.Obviously you don’t own the shareholding, but it was a methodology of management that was in my DNA and how I liked to approach things. That was a big driver for taking over the company on our own when the opportunity arose.Going on our ownIn 2008, as we all remember, Ireland was going through a really heavy recession with lots of companies having a big storm to weather – no different from ourselves.At that stage a German-Austrian firm owned the company, but they couldn’t wait to leave Ireland. We could feel that Ireland wasn’t that well-loved in Europe.They asked the management team to find a buyer and they scouted around, but it wasn’t a great time in Ireland because everyone was battening down the hatches.So myself and another west-of-Ireland man, our head of technology Howard Roberts, spoke to the owners and put a package together and worked on a management buyout, which eventually took place in 2009. Short URL Apr 30th 2017, 6:35 AM Get Fora’s NEW daily digest of the morning’s key business news: ‘Literally every day during the recession I’d come in and check how much cash we had’ After he saw the tech revolution was going to kill the print industry, this accountant moved to a career in IT. Tweet thisShare on FacebookEmail this articlelast_img read more

Zero prospect of recovery after Great Barrier Reef decimated by the heat

first_img‘Zero prospect’ of recovery after Great Barrier Reef decimated by the heat and Cyclone Debbie The damage caused by Cyclone Debbie could be severe, say scientists. Damage caused by Cyclone Debbie in central Lismore. Source: Nur Photo/SIPA USA/PA ImagesQueensland Parks and Wildlife Service and the Great Barrier Reef Marine Park Authority began a study last week to determine how extensive it might be and have already found extensive pulverised coral at popular snorkelling spots.“The feedback that’s coming back is the more sheltered areas have come out a bit better, but they all seem to have suffered some form of damage,” Association of Marine Park Tourism Operators’ Brendon Robinson told the Australian Broadcasting Corporation.The Whitsundays is one of the reef’s tourist hotspots, attracting more than 40% of total visitors to the iconic marine ecosystem.Multiple impactsHughes warned rising temperatures could see more bleaching events.“Clearly the reef is struggling with multiple impacts. Without a doubt the most pressing of these is global warming,” he said.“As temperatures continue to rise the corals will experience more and more of these events. One degree Celsius of warming so far has already caused four events in the past 19 years.“Ultimately, we need to cut carbon emissions, and the window to do so is rapidly closing.”The world’s nations agreed in Paris in 2015 to limit average warming to two degrees Celsius over pre-industrial levels, by curbing fossil fuel burning.Canberra in 2015 narrowly avoided UNESCO putting the reef on its endangered list, and has committed more than Aus$2.0 billion to protect it over the next decade.© – AFP, 2017Read: Bodies of mother and young children pulled from river as Australia is devastated by floodsRead: Fears cyclone will turn parts of Great Barrier Reef into ‘underwater wasteland’ Share160 Tweet Email2 Image: DPA/PA Images 16 Comments By AFP Image: DPA/PA Imagescenter_img Monday 10 Apr 2017, 7:05 AM Short URL Apr 10th 2017, 7:05 AM 34,341 Views CORAL BLEACHED FOR two consecutive years at Australia’s Great Barrier Reef has “zero prospect” of recovery, scientists warned today, as they confirmed the site has again been hit by warming sea temperatures.Researchers said last month they were detecting another round of mass bleaching this year after a severe event in 2016, and their fears were confirmed after aerial surveys of the entire 2,300-kilometre long bio-diverse reef.Last year, the northern areas of the World Heritage-listed area were hardest hit, with the middle-third now experiencing the worst effects.“Bleached corals are not necessarily dead corals, but in the severe central region we anticipate high levels of coral loss,” said James Kerry, a marine biologist at James Cook University who led the aerial surveys.It takes at least a decade for a full recovery of even the fastest growing corals, so mass bleaching events 12 months apart offer zero prospect of recovery for reefs that were damaged in 2016.It is the fourth time coral bleaching – where stressed corals expel the algae that live in their tissue and provide them with food – has hit the reef after previous events in 1998 and 2002.Record temperatures“The combined impact of this back-to-back bleaching stretches for 1,500 kilometres, leaving only the southern third unscathed,” said Terry Hughes, head of the Centre of Excellence for Coral Reef Studies, also at James Cook University.The bleaching is caused by record-breaking temperatures driven by global warming.“This year, 2017, we are seeing mass bleaching, even without the assistance of El Nino conditions,” he added, referring to the natural climate cycle in the Pacific Ocean.The Barrier Reef is already under pressure from farming run-off, development and the crown-of-thorns starfish.It was also recently hammered by category four Cyclone Debbie, which barrelled through the region last month, mostly affecting southern parts around the Whitsunday islands which largely escaped the bleaching.The extent of the destruction wrought by Debbie is not yet known, although scientists have said damage could range from minor to severe. Tweet thisShare on FacebookEmail this articlelast_img read more

Personality types color attitudes behaviors at work home and elections

first_img“My strongest asset by far is my temperament,” the candidate declares — merely being factual, of course, and certainly never “braggadocious.”Thanks largely to the outsized personality and decibel level of at least one candidate running for president, this election will hinge on matters of temperament — that is, the candidate’s character and behavior. No election has focused less on issues and more on personality since hotheaded, self-serving Lord Voldemort challenged endlessly cool, prepared Dumbledore for supremacy of the wizard world. No presidential candidate has ever before bragged about the size of his hands.Temperament matters. Here in Clark County, many believe that outgoing county councilor David Madore hoisted his own petard not because of his conservative political positions but because his utter rigidity in pursuing them even extended to vilifying county staffers who disagreed. The way he racked up enmity was not a matter of positions — it was a matter of personality.What about you? It takes all types to make a world, the saying goes. Having some insight into your own type, and how that type tends to act, react and interact with the dizzying diversity of other types out there, can make your world a smoother, easier place to live, love, work and play.Many employers use personality profiles to uncover applicants’ individual communication, cooperation and leadership styles; schools striving to prepare students for future success are following close behind, administering assessments aimed at increasing the taker’s self-awareness, and matching outcomes with potential career fields.And, anybody who hangs out on social media knows that you can play around with an endless parade of cheesy, celebrity-based personality quizzes in search of deep insights like which Harry Potter or Game of Thrones or Disney or Simpsons character you most resemble.last_img read more

Suspicious fire erupts in Lauderhill apartment

first_imgLAUDERHILL, FLA. (WSVN) – Firefighters say a fire that erupted in a Lauderhill apartment complex is suspicious in nature.Flames broke out on a second story apartment unit in a complex located near Northwest 19th Street and 46th Avenue on Wednesday morning.The Red Cross responded to the scene offering assistance to the owners.Surrounding apartment units also sustained damages displacing four residents.An investigation is currently underway to determine the cause of the fire and if an accelerant was used. Copyright 2019 Sunbeam Television Corp. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.last_img read more

PM Modis demonetisation effect All 19 BSE sectoral indices fall Sensex Nifty

first_imgHere is the update on Indian stock markets after trading closed at 3.30 pm on Thursday.The stock markets ended in the red, with both the benchmark indices — the BSE Sensex and the NSE Nifty — losing 1 percent each; the Sensex closed at 25,979 and the Nifty at 7,979. With the indices ending with the seventh straight day of losses, it is being seen as the biggest impact from investor sentiment point of view. Top Sensex losers were Adani Ports, ONGC and Tata Steel.However, the biggest setback of Thursday is that all 19 BSE sectoral indices closing with losses, in some cases, more than the Sensex lost.1. BSE Teck: Down 1.05 at 5,3662. BSE Realty: Down 0.61 percent at 1,2833. BSE Power: Down 1.67 percent at 1,9594. BSE Oil and Gas: Down 1.18 percent at 11,8355. BSE Metal: Down 2.78 percent at 10,0216. BSE Information Technology: Down 1.02 percent at 9,9467. BSE Healthcare: Down 1.34 percent at 14,6698. BSE FMCG: Down 0.43 percent at 7,7539. BSE Industrials: Down 1.08 percent at 2,78310. BSE Financials: Down 1.27 percent at 3,98011. BSE Energy: Down 1.18 percent at 2,92912. BSE Consumer Discretionary: Down 0.83 percent at 2,83113. BSE Basic Materials: Down 2.09 percent at 2,23414. BSE Utilities: Down 1.70 percent at 1,72915. BSE Telecom: Down 1.95 percent at 1,09016. BSE Capital Goods: Down 1.61 percent at 13,37217. BSE Consumer Durables: Down 1.90 percent at 10,81118. BSE Bankex: Down 1.12 percent at 20,45919. BSE Auto: Down 0.62 percent at 19,831″The loss was attributed to various reasons, according to a note by a brokerage. “With RBI minutes proving that markets’ expectation for a rate cut by February is misplaced, and with banks facing the heat of probes, broad market sentiments ebbed reflecting in the faster falls of mid-small caps. Markets are also watching with crossed fingers, the vibes emanating from GST panel’s meet today and tomorrow, in the backdrop of demonetisation,” Anand James, chief market strategist, Geojit BNP Paribas Financial Services, said.Here is the latest update on Indian stock markets on Thursday afternoon:1. Indian stock markets have extended losses in afternoon trade, with the 50-scrip NSE Nifty dropping below the 8,000-mark and was trading at 7,987, down 74 points at around 2 pm. The BSE Sensex was trading with losses of 215 points at 26,028 after breaching the 26,000-mark earlier.2. Top Sensex losers were Adani Ports (down 3.56 percent to Rs 264), ONGC (down 2.63 percent to Rs 196), Tata Steel (down 2.62 percent to Rs 394) and Bharti Airtel (down 2.61 percent to Rs 294) and Axis Bank (down 2.07 percent to Rs 448).3. Engineers India’s shares will go ex-bonus on December 30, 2016. The company had declared 1:1 bonus earlier and fixed the record date as January 2, 2017. The stock hit a 52-week high of Rs 321.90 earlier during the day and was later trading at Rs 319.35.4. Top Nifty losers are Adani Ports, Hindalco, ONGC, Tata Steel and Bharti Airtel.5.  The two-day meeting of GST Council begins on Thursday.Earlier storyIndian stock markets opened with losses on Thursday indicating weak investor sentiments for the seventh straight day, tracking Asian cues and subdued trading in US and European markets the previous day. Top BSE Sensex losers were Adani Ports (down 1.33 percent to Rs 270), Axis Bank (down 1.35 percent at Rs 451 and M &M (down 1.23 percent to Rs 1,178). The BSE Sensex was trading with losses of 177 points at 26,065 at about 10.13 am, while the NSE Nifty was down 56 points at 8,004.The top-most business development is the Goods and Services Tax (GST) Council meeting scheduled for Thursday to consider model GST laws, even as the Modi government’s demonetisation drive has put a question mark on the April 1, 2017 rollout deadline. Among other news, shareholders of Tata Steel voted overwhelmingly to remove Nusli Wadia from the board of Tata Steel at the extraordinary general meeting (EGM) convened on Wednesday.In a regulatory filing to the BSE, Tata Steel said that 90.8 percent of the votes cast were in favour of the resolution seeking to remove Wadia with the rest voting against it. The Tata Steel stock was trading at Rs 400, down 1.13 percent from its previous close.Foreign institutional investors (FIIs) have been bearish about Indian equities, reveals data. They have Indian stock worth $3.9 billion in equities in 2016 so far. On Wednesday, they were net sellers of stocks worth Rs 1,178 crore, according to provisional data released by the NSE.The US markets will track macroeconomic data on Thursday even as trading is lacklustre ahead of Christmas and New Year holidays. The US will be announcing its Q3 GDP data and initial jobless claims.last_img read more

US for fair polls UK for strong democracy

first_imgUS ambassador in Dhaka Marcia Bloom Bernicat (left) and British high commissioner Alison BlakeUS ambassador in Dhaka Marcia Bloom Bernicat on Wednesday said they expect fair polls while British high commissioner Alison Blake in Dhaka in a separate programme laid emphasis on having strong democracy in Bangladesh.“We hope to see election is fairly run and run well. We like other embassies are meeting different political parties, certainly the major two parties, to better understand the election condition here,” Bernicat told waiting newsmen after attending a civil rights panel discussion session at the EMK Centre in the city’s Dhanmondi area.Addressing a lunch programme hosted for journalists at the British High Commission Club, the British high commissioner said the United Kingdom wants to be part of Bangladesh’s journey towards a middle-income country and laid emphasis on having strong democracy.According to UNB news agency, US ambassador Bernicat said what the US cares about is the process.“We both are democratic parties. We have democratic rules and the fundamental basic of democracy is people who have the right to choose and change their government. So for us, it’s a matter of process. If the process is truly representative and fair, then you have the basis for stability.”Bernicat further said, “It’s your job to choose the individuals and party to run your government.”She said her country believes that democracy is the best foundation for stability and sustainable and strong economic development.Asked about her observation over the next general election here when the top leader of a major party in jail, Bernicat said, “I’ve joined other voices who have called for a free, fair, credible and inclusive election.”She also said a congenial atmosphere must be created so that voters can go to the polling stations and cast their votes on the voting day.The US Ambassador said people’s ability to assemble peacefully for registering their protest, meet privately or ensuring the right of the candidates of any party to carry out the campaign is important for a fair election atmosphere. “If any party doesn’t have the ability to do that it’ll have an impact on the election.”Besides, she said, if the candidates, including minorities, and women men, are intimidated not to file their candidature or engage in other election activities also will have impact on the election.Addressing the lunch programme, UNB reports, Blake said one of the things they strongly believe is democracy — free, fair, participatory and inclusive elections.The high commissioner said this is the best way for future prosperity, stability and creating a society where everyone feels that they have stake and voice.She also recalled the role of strong civil society and the media.last_img read more

YouTube shooter told family members she hated the company

first_imgThis undated photo provided by the San Bruno Police Department shows Nasim Aghdam. Photo: APA woman who believed she was being suppressed by YouTube and told her family members she “hated” the company opened fire at YouTube’s headquarters in California, wounding three people before taking her own life, police said.Investigators do not believe Nasim Aghdam specifically targeted the three victims when she pulled out a handgun and fired off several rounds in a courtyard at the company’s headquarters south of San Francisco on Tuesday, police said.But a law enforcement official with knowledge of the investigation told The Associated Press that Aghdam had a longstanding dispute with the company. The official, who spoke on condition of anonymity because they were not authorized to discuss the case, said Aghdam used the name “Nasime Sabz” online.A website in that name decried YouTube’s policies and said the company was trying to “suppress” content creators.“Youtube filtered my channels to keep them from getting views!” one of the messages on the site said. “There is no equal growth opportunity on YOUTUBE or any other video sharing site, your channel will grow if they want to!!!!!”Aghdam “hated” YouTube and was angry that the company stopped paying her for videos she posted on the platform, her father, Ismail Aghdam, told the Bay Area News Group.On Monday, he called police to report his daughter missing after she didn’t answer the phone for two days and warned officers that she might go to YouTube, he said.Officers in Mountain View – about 30 miles (48 kilometres) from YouTube’s headquarters – found her sleeping in her car in a parking lot around 2:00am. Tuesday but let her go after she refused to answer their questions. Aghdam didn’t appear to be a threat to herself or others, police spokeswoman Katie Nelson said.Nelson would not say whether officers had been warned that Aghdam might have been headed to YouTube headquarters.Earlier Tuesday, law enforcement said the shooting was being investigated as a domestic dispute but did not elaborate. It was not immediately clear why police later said the people shot were not specifically targeted.One of the victims – a 36-year-old man – was in critical condition, a spokesman for San Francisco General Hospital said. A 32-year-old woman was in serious condition and a 27-year-old woman in fair condition, the spokesman said.YouTube employee Dianna Arnspiger said she was on the building’s second floor when she heard gunshots, ran to a window and saw the shooter on a patio outside.“It was a woman and she was firing her gun. And I just said, ‘Shooter,’ and everybody started running,” Arnspiger said.She and others hid in a conference room for an hour while another employee repeatedly called 911 for updates.The world’s biggest online video website is owned by Silicon Valley giant Google, but company officials said it’s a tight-knit community. The headquarters has more than a thousand engineers and other employees in several buildings. Originally built in the late 1990s for the clothing retailer Gap, the campus south of San Francisco is known for its sloped green roof of native grasses.Inside, Google several years ago famously outfitted the office with a 3-lane red slide for workers to zoom from one story to another.“Today it feels like the entire community of YouTube, all of the employees, were victims of this crime,” said Chris Dale, a spokesman for YouTube.YouTube CEO Susan Wojcicki said in a tweet the company would “come together to heal as a family.”Officers and federal agents responding to multiple 911 calls swarmed the company’s campus sandwiched between two interstates in the San Francisco Bay Area city of San Bruno.Zach Vorhies, 37, a senior software engineer at YouTube, said he was at his desk working on the second floor of one of the buildings on the campus when the fire alarm went off.He got on his skateboard and approached a courtyard, where he saw the shooter yelling, “Come get me.” He said the public can access the courtyard where he saw the shooter without any security check during working hours.There was somebody lying nearby on his back with a red stain on his stomach that appeared to be from a bullet wound.He said he realized it was an active shooter incident when a police officer with an assault rifle came through a security door. He jumped on his skateboard and took off.Officers discovered one victim with a gunshot wound when they arrived and then found the shooter with what appeared to be a self-inflicted gunshot wound several minutes later, San Bruno Police Chief Ed Barberini said. He said two additional gunshot victims were later located at an adjacent business.Balsamo reported from Los Angeles. Associated Press writers Sudhin Thanawala, Janie Har and Juliet Williams in San Francisco and Eric Tucker in Washington contributed to this report.last_img read more

Sandinistas win most municipal races in Nicaragua

first_img 4 ways to protect your company from cyber breaches Associated PressMANAGUA, Nicaragua (AP) – The ruling Sandinista Front has won at least 134 of the 153 mayoral races in local elections the opposition and the U.S. government say lacked transparency, according to results released Monday.At least three people have died and dozens more have been injured in clashes between rival political groups since Sunday’s elections, authorities said.Police Commissioner Fernando Borge said two people died in Ciudad Dario, about 28 miles (45 kilometers) north of the capital. Sponsored Stories Comments   Share   Former Arizona Rep. Don Shooter shows health improvement Mary Coyle ice cream to reopen in central Phoenix Top Stories Bottoms up! Enjoy a cold one for International Beer Daycenter_img Octavio Alvarez, Sandinista Front’s political secretary, said a member of the Sandinista Youth was shot to dead in the town of Nuevo Segovia.With more than 91 percent of the Sunday vote counted, the Sandinistas had 76 percent of the vote, said Roberto Rivas, president of Nicaragua’s Supreme Electoral Council.Led by President Daniel Ortega, who was re-elected for another five-year term last year, the Sandinistas have made major advances in municipal elections. The party currently governs 109 municipalities, including the capital, Managua, where journalist Daysi Torres was re-elected.But the opposition argues there was widespread fraud and the U.S. government said it was concerned the elections were not fully transparent, echoing claims made during local elections four years ago.“We do not believe in the results given by a completely discredited Electoral Council, with no credibility and that plays on the side of (the Sandinistas), and that allows dead people to be listed as candidates,” said Congressman Eliseo Nunez, of the opposition Independent Liberal Party, referring to reports that in several cities in northern and central Nicaragua there were people listed as candidates who had died or live abroad. Top ways to honor our heroes on Veterans Day “These disturbing practices have marred multiple recent Nicaraguan elections,” it added.After the 2008 municipal elections in Nicaragua, the U.S. suspended some $64 million in development aid because of the fraud allegations.(Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.) 5 treatments for adult scoliosis “We participated because the people should have a choice,” Nunez added. “But we know that everything was rigged and the Electoral Council did what Daniel Ortega ordered.”In the town of La Paz Centro, supporters of the Sandinista Front and those of the Liberal Independent Party fought each other and anti-riot police with stones, tear gas and rubber bullets.“Opponents do not know how to lose. They have burned and destroyed public buildings in acts of vandalism that must be punished,” said Lesbia Abarca, mayor of the town located 35 miles (56 kilometers) west of Managua.Before polling stations opened on Sunday, the opposition denounced the voting lists were confusing and had been altered. They also claimed supporters of the Sandinista Front were allowed to vote twice.The U.S. State Department in a statement expressed concern that the elections “failed to demonstrate a degree of transparency that would assure Nicaraguans and the international community that the process faithfully reflected the will of the Nicaraguan people.”Irregularities observed on election day included citizens being denied the right to vote, a failure to respect the secrecy of citizens’ votes, and reported cases of voters being allowed to vote multiple times, it said. Construction begins on Chandler hospital expansion projectlast_img read more

Wells Fargo BofA Citigroup Predatory Mortgage Lending Lawsuits Revived

first_imgWells Fargo, BofA, & Citigroup Predatory Mortgage Lending Lawsuits Revived Bank of America Citigroup Lawsuit Predatory Mortgage Lending Wells Fargo & Company 2015-09-03 Staff Writer in Daily Dose, Featured, Government, News The 11th U.S. Circuit Court of Appeals recently revived three lawsuits the were brought about by the City of Miami, accusing Wells Fargo & Co, Bank of America Corp., and Citigroup of discriminatory and predatory mortgage lending practices to minority borrowers.The lawsuit, originally introduced to a lower court by the City of Miami on December 13, 2011, alleged that each bank in question had participated in a decade-long pattern of discriminatory lending by targeting blacks and Hispanics for predatory loans.The court documents revealed that the city alleged that the banks “refused to extend credit to minority borrowers when compared to white borrowers,” then “when the bank did extend credit, it did so on predatory terms.”The case was dismissed in July 2014 by U.S. District Judge William Dimitrouleas in Fort Lauderdale, Florida on the grounds that: “the city lacked statutory standing under the FHA because its alleged injuries fell outside the statute’s “zone of interests”; the city had not adequately pled that Wells Fargo’s conduct proximately caused the harm sustained by the city; and, the city had run afoul of the statute of limitations and could not employ the continuing violation doctrine.”Now, in a 3-0 vote, the Circuit Court said that the lower court made an error by dismissing the city’s claims under the Fair Housing Act, according to court documents. In addition, the court found that the city does have constitutional standing to pursue its FHA claims.”It is clear that the harm the city claims to have suffered has a sufficiently close connection to the conduct the statute prohibits,” Circuit Judge Stanley Marcus wrote.The City of Miami’s lawsuit against the three banks alleged that their engagement in discriminatory lending in the residential housing market caused the city economic harm.The city also alleged, “the bank targeted black and Latino customers in Miami for predatory loans that carried more risk, steeper fees, and higher costs than those offered to identically situated white customers, and created internal incentive structures that encouraged employees to provide these types of loans,” Judge Marcus noted.The predatory loans, as identified by the city, include: high-cost loans, subprime loans, interest-only loans, balloon payment loans, loans with prepayment penalties, negative amortization loans, no documentation loans, and adjustable rate mortgages with teaser rates.The city’s complaint accused all three banks of “redlining” and “reverse redlining.” Redlining is the practice of refusing to extend mortgage credit to minority borrowers on equal terms as to non-minority borrowers, while reverse redlining is the practice of extending mortgage credit on exploitative terms to minority borrowers.The 11th Circuit Court did not rule on the merits.Click here to view City of Miami v. Wells Fargo & Co., et al.Click here to view City of Miami v. Bank of America Corporation, et al.Click here to view City of Miami v. CitiGroup Inc., et al.center_img September 3, 2015 530 Views Sharelast_img read more

Is Housing Becoming Less Affordable

first_img Affordability HOUSING 2016-08-23 Seth Welborn Share in Daily Dose, Data, Featured, News Is Housing Becoming Less Affordable?center_img By all accounts, recent good economic news combined with solid demand and low mortgage rates have all resulted in single-family home sales reaching levels not seen since before the crisis. Homes are selling at a higher rate—but are they more affordable?An analysis of 27 metro areas conducted by on the salary one would need to afford the principal, interest, and taxes on a median-priced home in their market revealed that only three of those 27 metros were more affordable in the second quarter compared to the first (all were in Florida: Tampa, Orlando, and Miami).Though mortgage rates fell from Q1 to Q2 in all 27 metro areas in the analysis—but several of the metros saw notable price gains. In Cleveland, the median home price spiked by 24 percent over-the-quarter, in Chicago the increase was 18 percent, and Pittsburgh and Cincinnati each saw the median home price rise by 17 percent. The median price of a home in San Francisco is now $885,600 after experiencing a 15 percent increase from Q1 to Q2.“Steadily improving local job markets and mortgage rates teetering close to all-time lows brought buyers out in force in many large and middle-tier cities,” said Lawrence Yun, NAR chief economist. “However, with homebuilding activity still failing to keep up with demand and not enough current homeowners putting their home up for sale, prices continued their strong ascent—and in many markets at a rate well above income growth.”The home price gains seen in the second quarter were even more surprising given the fact that in the first quarter, home prices increased by more than one percent in only six metros. Nonetheless, it’s too soon to tell if the price increases experienced in Q2 are a trend or an an0maly, the analysis stated.Even with the substantial Q2 price increases, Pittsburgh, Cleveland, and Cincinnati still ranked first through third, respectively, out of the 27 metros in terms of annual salary needed to afford a median-priced home. In Pittsburgh, the salary needed was $32,390; Cleveland, $34,433; and Cincinnati, $37,179.The three least affordable metros were all located in California: San Francisco was first, where a salary of $161,947 was needed to afford a median-priced home, followed by San Diego ($109.440) and Los Angeles ($92,901).Click here to view the analysis of all 27 metro areas. August 23, 2016 670 Views last_img read more

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