BC Government to introduce new legislation to strengthen the ALC

first_imgLana Popham, Minister of Agriculture, says this bill will better protect farmland and encourage farming for future generations.“The bill tabled today builds on the work we started over a year ago to better protect farmland and encourage farming and ranching in B.C. We are ensuring the commission has the tools and the governance model required to strengthen its independence and ability to act in the best interest of our farmland within the Agricultural Land Reserve, so that British Columbians are able to access safe, locally grown food for generations to come.”If passed, the legislation will strengthen ALC governance and independence, and further protect land within the ALR.The legislative changes are part of the Government’s ongoing commitment to revitalize the ALR and the ALC. VICTORIA, B.C. – The B.C. Government is introducing new legislation to strengthen the independence of the Agricultural Land Commission.The new legislation is to fulfill the mandate of preserving the Agricultural Land Reserve while encouraging farming and ranching within British Columbia.According to the Government, Bill 15, the agricultural land commission amendment act 2019, will continue the Ministry of Agriculture’s efforts to revitalize the ALR, the farmland within B.C. that’s protected for the province’s food security.last_img read more

British PM Mays Brexit deal rejected for third time

first_imgLONDON: Lawmakers rejected Prime Minister Theresa May’s Brexit deal for a third time on Friday, sounding its probable death knell and leaving Britain’s withdrawal from the European Union in turmoil on the very day it was supposed to leave the bloc. The decision to reject a stripped-down version of May’s divorce deal has left it totally unclear how, when or even whether Britain will leave the EU, and plunges the three-year Brexit crisis to a deeper level of uncertainty. Also Read – Saudi Crown Prince ‘snubbed’ Pak PM, recalled jet from USAfter a special sitting of parliament, lawmakers voted 344-286 against May’s 585-page EU Withdrawal Agreement, agreed after two years of tortuous negotiations with the bloc. Within minutes of the vote, European Council President and summit chair Donald Tusk said EU leaders would meet on April 10 to discuss Britain’s departure from the bloc. The EU executive, the Commission, said that “a ‘no-deal’ scenario on 12 April is now a likely scenario”, Also Read – Record number of 35 candidates in fray for SL Presidential pollsMay had told parliament the vote was the last opportunity to ensure Brexit would take place. She cautioned that if the deal failed, then any further delay to Brexit would probably be a long one beyond April 12. “I fear we are reaching the limits of this process in this House,” May told parliament after the defeat. “The implications of the House’s decision are grave.” “The legal default now is that the United Kingdom is due to leave the European Union on 12th April,” she said. The British pound, which has been buoyed in recent weeks by hopes that the likelihood of an abrupt ‘no-deal’ Brexit is receding, fell half a percent after May lost, to as low as $1.2977. THIRD FAILURE It was a third failure for May, who had offered on Wednesday to resign if the deal passed, in a bid to win over eurosceptic rebels in her Conservative Party who support a more decisive break with the EU than the divorce her deal offers.last_img read more

750M Powerball Jackpot drawing today

first_img 00:00 00:00 spaceplay / pause qunload | stop ffullscreenshift + ←→slower / faster ↑↓volume mmute ←→seek  . seek to previous 12… 6 seek to 10%, 20% … 60% XColor SettingsAaAaAaAaTextBackgroundOpacity SettingsTextOpaqueSemi-TransparentBackgroundSemi-TransparentOpaqueTransparentFont SettingsSize||TypeSerif MonospaceSerifSans Serif MonospaceSans SerifCasualCursiveSmallCapsResetSave SettingsSAN DIEGO (KUSI) – Will there finally be a winner tonight? Powerball winning number were just announced.Here are the drawing number for 03.27.2019: 16-20-27-44-62-(12)More on the Powerball: https://www.powerball.com/games/home $750M Powerball Jackpot drawing today KUSI Newsroom, March 27, 2019 KUSI Newsroom Posted: March 27, 2019 Categories: Local San Diego News, National & International News, Trending FacebookTwitterlast_img read more

STUDENT SPOTLIGHT Wilmingtons Ellen Klucznik Named To Deans List At Lehigh University

first_imgBETHLEHEM, PA — Dean’s List status at Lehigh University, which is awarded to students who earned a scholastic average of 3.6 or better while carrying at least 12 hours of regularly graded courses, has been granted to Ellen Klucznik, of Wilmington, in the Spring 2019 semester.About Lehigh UniversityFor more than 150 years, Lehigh University (lehigh.edu) has combined outstanding academic and learning opportunities with leadership in fostering innovative research. The institution is among the nation’s most selective, highly ranked private research universities. Lehigh’s four colleges – College of Arts and Sciences, College of Business and Economics, College of Education and the P.C. Rossin College of Engineering and Applied Science – provide opportunities to 7,000 students to discover and grow in a learning community that promotes interdisciplinary programs with real-world experience.(NOTE: The above announcement is from Lehigh University via Merit.)Like Wilmington Apple on Facebook. Follow Wilmington Apple on Twitter. Follow Wilmington Apple on Instagram. Subscribe to Wilmington Apple’s daily email newsletter HERE. Got a comment, question, photo, press release, or news tip? Email wilmingtonapple@gmail.com.Share this:TwitterFacebookLike this:Like Loading… RelatedSTUDENT SPOTLIGHT: Wilmington’s Ellen Klucznik Named To Dean’s List At Lehigh UniversityIn “Education”STUDENT SPOTLIGHT: 3 Wilmington Students Named To Dean’s List At Regis CollegeIn “Education”STUDENT SPOTLIGHT: 3 Wilmington Students Named To Dean’s List At MCPHSIn “Education”last_img read more

AL wins in Rajshahi Barishal BNP ahead in postponed Sylhet result

first_imgAHM Khairuzzaman Liton, Serniabat Sadiq Abdullah, Ariful Haque ChowdhuryThe Bangladesh Awami League (AL) mayoral candidates were unofficially declared elected in Rajshahi and Barishal city polls marred by boycotts and widespread rigging while the announcement of election results was postponed in Sylhet, reports UNB.Opposition Bangladesh Nationalist Party (BNP) mayoral candidate Ariful Haque Chowdhury ahead of his rival AL’s Badar Uddin Kamran by 4,626 votes, with the balloting in two polling stations suspended.The authorities suspended the announcement of the polls result as the number of voters of the suspended polling stations is higher than the lead Arif has taken.In Rajshahi, Ruling Awami League mayoral contestant AHM Khairuzzaman Liton bagged 165,096 votes to defeat his nearest rival Mosaddek Hossain Bulbul of BNP who polled 77,700 in all the 138 election centres.Returning officer Syed Amirul Islam announced the results around 11:45pm.In Barishal, AL candidate Serniabat Sadiq Abdullah came out victorious getting 107,363 votes while Mujibur Rahman Sarwar of BNP received 13,135 in 107 centres out of total 123.Returning officer Mujibur Rahman announced the results around 11:50pm.In Sylhet, the announcement of the results was postponed as the number of votes in two centres where voting was suspended is higher than the difference between the two leading candidates’ tallies.BNP mayoral candidate Ariful Haque Chowdhury bagged 90,496 votes in 132 centres out of total 134 while AL’s Badar Uddin Ahmed Kamran got 86,870 votes.Ariful was leading by 4,628 votes while the number of voters in the two centres is 4,787.Under such circumstances, returning officer Mohammad Alimuzzaman postponed the announcement of the results around 11:45pm.Earlier, voting in the elections to Rajshahi, Barishal and Sylhet city corporations was held amid election boycott, allegations of rigging, ouster of polling agents and other irregularities.The balloting that started at 8:00am continued till 4:00 pm.Bringing various allegations of irregularities, including driving out of its polling agents and stuffing ballot boxes, BNP said the ‘naked vote rigging by the ruling party got exposed in Barishal, Sylhet and Rajshahi city corporations.”We’ve been talking about the government’s blueprint over the elections in the three cities since the beginning of the electioneering, and it got exposed nakedly today,” said BNP senior joint secretary general Ruhul Kabir Rizvi at a press conference at the party’s Naya Paltan central office.In Barishal, BNP mayoral candidate Mujibur Rahman Sarwar, Communist Party of Bangladesh (CPB) contestant Abul Kalam Azad and Islami Andolon Bangladesh candidate Obaidur Rahman Mahbub boycotted the polls, alleging widespread vote rigging and other irregularities.AL candidate Serniabat Sadiq Abdullah cast his vote at government Barisal College Centre at 8am, while BNP candidate Mujibur Rahman Sarwar at Sayeda Mojidunnesa High School at 8:15am.Sarwar, however, boycotted the polls bringing the allegation of vote rigging. He announced the decision at a press conference at Barishal Press Club at noon.Besides, Islami Andolon Bangladesh candidate Obaidur Rahman Mahbub and Communist Party of Bangladesh (CPB) contestant Abul Kalam Azad pulled out of the election race citing the same allegations.Bangladesh Samajtantrik Dal candidate Manisha Chakrabarty and Jatiya Party candidate Md Iqbal Hossain turned down the elections.Manisha said her polling agents were driven out of the voting centres while votes rigged at many centres.They demanded the Election Commission to postpone the polls due to vote ‘rigging’ by ruling party men.Sarwar claimed that his polling agents were obstructed from entering at least 70-80 centres.He alleged that ruling party men stuffed ballot boxes in most centres with the help of law enforcers. “The government has destroyed the country’s election system. This can’t continue.”The BNP candidate said he called upon the Election Commission to postpone the polls, but it did not pay heed to it. “We condemn the Election Commission’s role and we’re boycotting election.”In Rajshahi, Awami League’s AHM Khairuzzaman Liton cast his vote at Satellite Town High School around 8:30am.BNP mayoral candidate Mosaddek Hossain Bulbul refrained from casting his vote protesting irregularities in the city corporation election.The BNP mayoral candidate took position in front of Islamia College polling centre in the city’s Binodpur area protesting the ouster of the party’s polling agents from different polling stations.Bulbul also alleged that BNP supporters were obstructed from casting their votes.He also demanded the presiding officer make public how many ballot papers were there at the centre and threatened not to leave the place until he gets the account of the ballots.Replying to a question from journalists, Bulbul said, “It’s pointless to cast vote in such a country where there’s no democracy. I don’t want to create any problem. Which centre will I visit? Where can I resist rigging? So, I’ve taken a position right here and seeing the irregularities silently.”In Sylhet, BNP candidate Ariful Haque Chowdhury cast his vote at Roynagar Government School at 8:30am and AL’s Badar Uddin Kamran at Government Pilot School Centre under 18 No ward at 08:45am.Councillor candidate and Jubo League leader Rimad Ahmed Rubel along with his supporters allegedly captured the polling centre at Khasdabir Government Primary School at 50 No ward around 9:45am and stuffed ballot boxes locking the door. Then voting in the polling centre had been suspended for an hour.Besides, voting was suspended at Shahjalal Jamia Islamia Kamil Madrasah polling centre at Pathantula for 15 minutes following a clash between the activists of Awami League and Jamaat-e-Islami, said presiding officer Jamil Ahmed.Meanwhile, police fired shots in the air at Kazi Jalal Uddin High School centre in 18 No ward around 11am as the supporters of two councillor candidates captured the centre.The voting came to a halt following the incident. A vehicle was also vandalised.BNP mayoral candidate Ariful Haque Chowdhury alleged that his agents were kicked out from two polling centres.He came up with the allegation after visiting Chandu Shah Centre around 9:45 am.The two polling centres are Chandu Shah Dakhil Madrasah and MC College Shishu Biddalya under 21 No ward, he said.The city elections are the last major polls before the next general election expected to be held in December this year.last_img read more

7 including Indian soldiers killed in fresh Kashmir violence

first_imgMourners pray as they pay their respect to a 33-year-old woman killed by a mortar shelling at Chhajla village in Mendhar near the Line of Control (LoC) border with Pakistan on 1 March, 2019. Photo: AFPIndian forces on Friday fought battles with militants in Kashmir that left seven dead, whilst being dragged into fierce artillery barrages with Pakistani rivals along the troubled territory’s angry ceasefire line.At least one person was killed by mortar fire that has intensified in a worrying sign that Kashmir faces prolonged fallout from new hostilities between India and Pakistan.Seven people were killed in the latest raids that have been staged virtually daily since an Islamist suicide bomber hit a convoy in the Himalayan region on 14 February killing 40 Indian paramilitaries.Troops laid siege to a house in the Handwara district of India’s only Muslim-majority state, believing they had killed two militants inside.However one survived, a police official told AFP. Hours after the firing stopped when security forces went in to retrieve the bodies the man emerged from debris and opened fire, killing four soldiers before he was shot dead.A civilian was killed in later protests over the clash, the official added.- Line of violence -Indian and Pakistan fighter jets staged tit-for-tat raids as they wrangled over responsibility for the February suicide attack.India blamed Pakistan, which denied any role, as it does in an armed uprising in Muslim-majority Kashmir that has left tens of thousands dead since 1989.Pakistan’s promise to release an Indian pilot shot down in the aerial dogfight this week eased the threat of a wider conflict between the neighbours.But there are heightened fears that Kashmir could become the focus of new tensions.”There is a very high risk of escalation towards localised, but more intense direct Indian-Pakistani military confrontation in Kashmir,” Jane’s Intelligence service said in a study this week.Alongside the raids, heavy mortar and artillery fire across the Line of Control — which has separated Kashmir into rival sectors since 1947 — sent residents on both sides scurrying for cover.Indian paramilitary troopers stop a motorcyclist as they block a road in Srinagar on 1 March, 2019. Photo: AFP- Lights out, hopes fade -One woman was killed and an Indian soldier wounded during shelling late Thursday and early Friday at the southern end of the unofficial frontier, according to police.Three hundred people turned up for the funeral of 33-year-old Amina Akhtar who was walking in a field near the village of Chhala when shrapnel from a mortar shell pierced her neck, killing her on the spot.”Poor people are getting killed and their homes are destroyed. We don’t want our men, women and children to die like this. We need peace,” said resident Nagina Bano, who blamed the Indian government.Indian authorities told villages to turn off lights to avoid becoming a target for Pakistani gunners. But it did not help Surjeet Kumar, village chief at Kalal, near the town of Nowshera.With regular explosions and gunfire breaking the night-time silence, Kumar said he was in his house when nine 120mm mortars hit.One shell left a huge hole in the stone bedroom wall, smashing the windows and furniture. Eight other shells failed to explode.”We want peace or an all out war. We don’t want to live in bits and pieces,” Kumar said.”We are very scared. They are firing heavy weapons not just bullets. Yesterday Pakistani jets were flying over our village. We haven’t cooked or eaten properly since the shelling began.”Kalal has no protective shelter and the only school has been closed for a week. Most of the children have been sent away.With more explosions and gunfire echoing around the valley, Kumar’s wife Raj Banti said they may leave too.”We cannot live like this. If we are given an option we would definitely leave this place forever. We are poor but still love our lives,” she said.last_img read more

Venezuelan Government Defiant as US Moves to Sanction Oil Industry After Move

first_img Share Ten people were killed in clashes following Venezuela’s election to choose an assembly to create a new constitution: https://t.co/qpKgSgyajV pic.twitter.com/plpwTYoueb— CFR (@CFR_org) July 31, 2017 Venezuela’s socialist government claimed a popular mandate to dramatically recast the country’s political system even as the United States pledged potentially devastating oil sanctions on Monday and condemnations of the process poured in from governments around the world and the opposition at home. Electoral authorities said more than 8 million people voted Sunday to create a constitutional assembly endowing President Nicolas Maduro’s ruling party with virtually unlimited powers — a figure widely disputed by independent analysts. The official result would mean the ruling party won more support than it had in any national election since 2013, despite a cratering economy, spiraling inflation, shortages of medicine and malnutrition. Opinion polls showed 85 percent of Venezuelans disapproved of the constitutional assembly and similar numbers disapprove of Maduro’s overall performance. Independent analysts and opposition leaders estimated the real turnout at less than half the government’s claim in a vote watched by government-allied observers but no internationally recognized poll monitors. Opposition leader Henrique Capriles, the governor of the central state of Miranda, urged Venezuelans to protest Monday against an assembly that critics fear will effectively create a single-party state. In a strike at Venezuela’s already flailing economy, U.S. officials said the Trump administration is preparing to levy new sanctions on Venezuela, following through on threats to impose penalties if the country went through with the weekend election. The officials said the new sanctions could be imposed as early as Monday and will likely target Venezuela’s oil sector, including possibly its state owned petroleum company. One official said an announcement was imminent. The officials were not authorized to discuss the matter publicly and spoke on condition of anonymity. Maduro has said the new assembly will begin to govern within a week. He said he would use the assembly’s powers to bar opposition candidates from running in gubernatorial elections in December unless they sit with his party to negotiate an end to hostilities that have generated four months of protests that have killed at least 125 and wounded nearly 2,000. Venezuela’s chief prosecutor’s office reported 10 deaths in new rounds of clashes Sunday between protesters and police. Seven police officers were wounded when a fiery explosion went off as they drove past piles of trash that had been used to blockade a street in an opposition stronghold in eastern Caracas. Maduro says a new constitution is the only way to end such conflicts. “The people have delivered the constitutional assembly,” Maduro said on national television. “More than 8 million in the middle of threats … it’s when imperialism challenges us that we prove ourselves worthy of the blood of the liberators that runs through the veins of men, women, children and young people.” National Electoral Council President Tibisay Lucena announced just before midnight that turnout in Sunday’s vote was 41.53 percent, or 8,089,320 people. The electoral council’s vote counts in the past have been seen as reliable and generally accurate, but the widely mocked announcement appeared certain to escalate the polarization and political conflict paralyzing the country. “If it wasn’t a tragedy … if it didn’t mean more crisis, the electoral council’s number would almost make you laugh,” opposition leader Freddy Guevara said on Twitter. Maduro has threatened that one of the constitutional assembly’s first acts would be jailing Guevara for inciting violence. An exit poll based on surveys from 110 voting centers by New York investment bank Torino Capital and a Venezuela public opinion company estimated 3.6 million people voted, or about 18.5 percent of registered voters. “The results thus suggest that the government maintains an important loyal core of supporters that it can mobilize in both electoral and non-electoral scenarios,” the report concluded. The same pollsters noted that Venezuela has an estimated 2.6 million government employees, “suggesting that a large fraction of the votes could have not been voluntary.” The European Union and nations including Argentina, Canada, Colombia, Mexico, Panama, Paraguay, Spain, Britain and the United States criticized Sunday’s vote. The Trump administration again promised “strong and swift actions” against Venezuelan officials, including the 545 participants in the constitutional assembly, many of them low-ranking party members. Maduro said he had received congratulations from the governments of Cuba, Bolivia and Nicaragua, among others. Opposition leaders had called for a boycott of the vote, declaring it rigged for the ruling party. Ahead of the vote, the opposition organized a series of work stoppages as well as a July 16 protest referendum that it said drew more than 7.5 million symbolic votes against the constitutional assembly. The president of the opposition-led National Assembly, Julio Borges, told Venezuelan news channel Globovision Monday that Maduro’s foes would continue protesting until they won free elections and a change of government. He said Sunday’s vote had given Maduro “less legitimacy, less credibility, less popular support and less ability to govern.” Maduro called the vote for a constitutional assembly in May after a month of protests against his government, which has overseen Venezuela’s descent into a devastating crisis during its four years in power. Due to plunging oil prices and widespread corruption and mismanagement, Venezuela’s inflation and homicide rates are among the world’s highest, and widespread shortages of food and medicine have citizens dying of preventable illnesses and rooting through trash to feed themselves. The 545-seat constituent assembly will have the task of rewriting the country’s constitution and will have powers above and beyond other state institutions, including the opposition-controlled congress. Maduro made clear in a televised address Saturday that he intends to use the assembly not just to rewrite the country’s charter but to govern without limitation. Describing the vote as “the election of a power that’s above and beyond every other,” Maduro said he wants the assembly to strip opposition lawmakers and governors of constitutional immunity from prosecution — one of the few remaining checks on ruling party power. Declaring the opposition “already has its prison cell waiting,” Maduro added: “All the criminals will go to prison for the crimes they’ve committed.” ___ By MICHAEL WEISSENSTEIN and MATTHEW LEE, Associated Presslast_img read more

With BLISS Driving Academy An Entrepreneurial Spirit Finds Her Niche

first_imgralejandro@afro.com Dawn Simmons, owner and lead instructor at BLISS Driving Academy, LLC.When Dawn Simmons opened the BLISS Driving Academy last October, it was the culmination of a long search for the right outlet for her entrepreneurial energies.  Fun and engaging classes are what set Bliss apart, says Simmons, who may have found her entrepreneurial niche with her driving school but remains engaged in a number of business and social endeavors.“I’ve always believed that training of any kind doesn’t have to be like watching paint dry,” Simmons told the AFRO about her approach to teaching driver’s education, in which she employs a conversational teaching style, with students and herself sharing their experiences.Simmons, who holds a master’s degree in Business Administration from Walden University, says she always knew that she had wanted to be self-employed, but that she took her time, exploring various ventures, before settling on opening a driving school. Opening BLISS, which stands for ‘Being Licensed, Insured, Safe & Secure,’ made sense in no small part because it guarantees a captive market.“It’s a requirement,” explained Simmons.  “You can’t get a license in Baltimore—in Maryland—without going to driving school.”Simmons also works as a business consultant and a virtual assistant, sells hand painted glassware, as well as running a program in which she guides high school students with a business idea through the start-up process.  She has also taken her hand painted glassware and turned it into a social event called ‘Sip and Stroke,’ in which folks gather at an establishment for wine and to paint their own glasses.“I know it sounds weird but when you hear the name it piques your interest,” said Simmons, ever aware of the importance of branding and marketing.“I’ve got a couple things pulling at me but it’s all worth it,” said Simmons.  “If you look at anybody who has gone from zero to millions, they have multiple streams of income, so I’m following that blueprint.”Simmons says that her classes at BLISS are fairly evenly split between young adults just learning to drive and older residents who know how to drive but never received their licenses.  The biggest challenge with the adults is getting them to break their bad habits, since many of the things experienced drivers do on a regular basis will cause you to fail a formal road test.With her younger students, the biggest challenge is getting parents to realize that driving school is just part of the learning process, not its entirety.“A lot of times what parents think is they come to driving school and they don’t have a responsibility to their child outside of driving school, not realizing that Maryland also requires 60 hours of additional driving outside of the classroom,” said Simmons, adding later, “the real practice comes in with the parent outside of driver’s ed.”The BLISS Driving Academy is located at 132 W 25th Street, and anyone interested in learning more can visit its website at www.blissdriving.com.  Driver’s education is a prerequisite for receiving a license in the state and BLISS’s program consists of 10, three-hour sessions totaling the legally mandated 36 hours of classroom instruction.last_img read more

A win wouldve been nice Steve Smith

first_imgHe was aiming for a win but Australian cricket captain Steve Smith on Tuesday said he was not too disappointed with the draw against India in the third cricket Test as it proved just enough to reclaim the Border-Gavaskar trophy. The hosts won back the trophy with their 2-0 lead going into the final Test in Sydney. Australia had finished their second innings at 318/9 at lunch and set India a target of 384 runs.The visitors finished at 174/6 with R Ashwin and Mahendra Singh Dhoni holding ground. The Indian skipper later announced his retirement from Test cricket. “It would have been nice to have won, that’s for sure. But it’s very satisfying to win the series and reclaim the trophy again. We had lost badly the last time but it was obviously in completely different conditions in India. We still have a lot of work to do in those conditions. We do play very well in our own backyard. It’s nice to have that trophy back now and hopefully the next time we go back to India, we can do a better job over there,” said Smith. Also Read – Khel Ratna for Deepa and Bajrang, Arjuna for JadejaAustralia delayed their declaration in the morning, thanks to rain. It allowed Shaun Marsh to close on to a hundred but he couldn’t finish the job as he was run-out on 99. “It was obviously very disappointing for him. I ran out a message about 20 minutes earlier and said ‘you have got until lunch’. I think that’s when he started to go after the bowlers a little bit. I changed my mind a couple of times about the declaration. I wasn’t quite sure when to pull out. But I didn’t really want to give India a crack with the batsmen they had in the shed and how good that wicket was,” Smith added.When asked if the close Adelaide run-chase played on to the decision for delaying declaration, Smith said, “A little bit. I think the wicket out here was much better than Adelaide. At least that pitch broke up and spun a lot, which created opportunities there. We certainly didn’t have that out here. It was a very good wicket to bat on and we didn’t want to give them an opportunity.”last_img read more

Some instigated farmers to cultivate wheat in Murshidabad

first_imgKolkata: Asish Banerjee, the state Agriculture minister, in the state Assembly said there are some who have instigated farmers to cultivate wheat in Murshidabad, where it is restricted due to wheat blast disease.The minister attacked CPI(M) MLA from Domkal, Anisur Rahman alleging that the latter ‘instigated farmers’. In reply to a question of Rahman, Banerjee said necessary steps have been taken to support farmers where wheat cultivation is not possible for two years. Also Read – Rain batters Kolkata, cripples normal lifeIt may be mentioned that cultivation of wheat is not possible in Nadia and Murshidabad for two years due to wheat blast. The Agriculture minister further said: “In such a situation Chief Minister Mamata Banerjee has taken necessary steps to support the farmers. Seeds for alternate farming were distributed among them free of cost so that they can cultivate mustard, pulses etc when wheat cultivation is not possible.” He added that there was restriction on wheat cultivation for 2017-18 and 2018-19 agriculture period — ‘krishi barsha’. Now, the experts will assess the situation and inform us from when wheat cultivation can be resumed. Also Read – Speeding Jaguar crashes into Mercedes car in Kolkata, 2 pedestrians killedIn reply to another question by MLA Samir Kumar Jana, the Agriculture minister said: “The cultivation of food grains has increased in the state. While it was 1.82 crore tonne in 2017-18 ‘krishi barsha’, the figure stood at 1.75 crore tonne in 2016-17.” He maintained that the cultivable land has also been increased in Bengal with the various steps taken by the state government. Citing an example, the minister said around 1,000 bigha of land has been made suitable for cultivation only in Balurghat. The state government has ensured proper irrigation facilities and made other necessary arrangements to increase cultivable land in the state. The minister informed the Assembly that the state government also provides with the farmer’s share of crop insurance. In reply to a question related to crop insurance for farmers in North Bengal, Banerjee said the same has been given for farmers in Darjeeling, Kalimong, Jalpaiguri, Alipurduar, Cooch Behar, Malda, North and South Dinajpur.last_img read more

WBSEDCL receives Central Board of Irrigation and Power award

first_imgKolkata: West Bengal State Electricity Distribution Company Limited (WBSEDCL) has received the Central Board of Irrigation and Power (CBIP) Award for ‘Best Performing Power Distribution Utility’ during the celebration of CBIP Day on January 4.Rajesh Pandey, CMD, WBSEDCL received the award from RK Singh, minister of state, Independent Charge Power and New & Renewable Energy at a programme held in New Delhi. The award has been conferred on WBSEDCL in recognition of its outstanding contribution to the nation by providing reliable and cost-effective electricity to its customers for industrial and overall economic development through optimisation of available resources in the distribution sector. Also Read – 3 injured, flight, train services hit as rains lash BengalA press statement issued by the CPRO WBSEDCL, Biswarup Mukherjee said: “This is yet another jewel in WBSEDCL’s crown, an appreciation of endeavour to reach quality power and better service to consumers across the state. It may be mentioned that WBSEDCL earlier in December last year received an award for ‘one of the best innovations’ for ‘Energy storage through Hydro’ at IPPAI Power Awards, organised by the Independent Power Producers Association of India (IPPAI) at Belgaum in Karnataka. Also Read – Speeding Jaguar crashes into Mercedes car in Kolkata, 2 pedestrians killedThe award was conferred on WBSEDCL for it’s innovation and sustainability at the 900 MW Purulia Pumped Storage Project (PPSP) and its futuristic approach for the upcoming 1,000MW Turga Pumped Storage Project and proposed 900MW Bandu Pumped Storage Project. Both Turga and Bandu projects are coming up in Purulia, adjacent to the site of the pumped storage project. WBSEDCL also bagged the prestigious SKOCH Award Energy Silver in December last year for Purulia Pumped Storage Hydel Project. The awards are in recognition of the pioneering projects undertaken by WSEDCL to provide 24×7 quality and uninterrupted power supply to over 1.85 crore valued consumers. This is yet another achievement of West Bengal power sector.last_img read more

LUX Resorts Hotels has launched an immersive fi

first_imgLUX* Resorts & Hotels has launched an immersive five-day guided tour package to discover the ancient trails of the 13th-century Old Tea Horse Road in China. Experience the romance and adventure of this intrepid journey that follows the tea carrying pack-caravans through spectacular landscapes, from high mountains to deep gorges, linking the varied ancient Naxi and Tibetan cultures of China’s South West. The five-night six-day guided tour is offered north-bound from Lijiang in the Yunnan Province and Southbound from the Tibetan village of Benzilan, covering legendary trails through the heart of the Three Parallel Rivers and glaciers of the Meili Mountains.Sample five-day tour: north-bound Lijiang to BenzilanThe adventure commences in Lijiang, a UNESCO Heritage Site, with a walking tour along the winding cobblestone lanes past the well preserved folk style buildings of Dayan. Stop at shopping spots along Qi’yi Street and visit the oldest tea house in Lijiang, to meet Diana He whose family for generations has traded tea. Watch the local Pu’er tea, renowned for its healing powers, be pressed into cakes by standing and rocking on stones, enjoy a tasting session and learn the secrets from these tea masters. Overnight at LUX* Tea Horse Road Lijiang boutique hotel.Day twoDiscover the picturesque Zhonghe (Central River), past Willow trees, exquisite stone footbridges and distinctive tiered wells. Join the hotel chef at nearby bustling Zhongyi markets and experience the vibrant heart of Naxi cuisine, while he gathers ingredients for the evening’s signature meal – a Naxi hotpot. A short car ride to the north, at the foot of looming Yulong (Jade Dragon) Mountain sets the scene for lunch, followed by an hour-long performance, entitled ‘Impression Lijiang,’ created by China’s most famous movie director Shang Yimou (‘Raise the Red Lantern and ‘House of Flying Daggers’). A spectacle to behold, the show features a hundred horses and a cast of 500, set in the open air theatre of the fertile Lijiang Plains. End the day with a visit at the village of Baisha visiting temples filled with murals and a school that teaches the art of weaving silk tapestries, a local Naxi tradition.Day threeJourney to Shangri-La and the Napahai wetlands in Benzilan for an exciting day of dramatic mountains, deep gorges and a complete cultural shift from Naxi tradition to ethnic Tibet. Marvel at the spectacular views over Haba Mountain, the mighty Tiger Leaping Gorge and the high plains to the north, famed for its fearless horsemen. In Dukezong, see the world’s largest Tibetan prayer wheel, followed by a delicious local organic lunch. Circle the wetlands of Napahai, a complex ecosystem that changes dramatically with the seasons, attracting thousands of migratory birds, including the rare black-necked crane. Here, Tibetan farmers pasture their herds of yak and flocks of horses roam the wetlands. Continue the ascent to LUX* Tea Horse Road Benzilan, the only mountain retreat in the area, nestled in the gorge by the rushing waters of UNESCO’s World Heritage-listed Three Parallel Rivers.Day fourFollowing a hearty breakfast, set off to the untouched Dongzhulin monastery of the Gelugpa (Yellow Hat), where the monks chant their morning prayers. Watch a theatrical and highly-charged Gelugpa-sect debating session unfold between pairs of monks, as they shout, jump and dance to make their point heard. Highlights of the day include the making of traditional Tibetan incense sticks, visiting a local bell-maker at Shuibianhe Valley and savouring a traditional picnic, or Provençale style French lunch, paired with local wines. Return to the hotel for dinner and unwind on the roof terrace with a ‘Cinema Paradiso’ experience, watching a movie al fresco under the stars.The rich tales of this magical journey are shared in a detailed LUX* guide, published and designed in partnership with acclaimed photographer and author Michael Freeman.last_img read more

Rep Glardon honors local heroes in 911 memorial

first_img Tags: Glardon, Sept. 11 10Sep Rep. Glardon honors local heroes in 9/11 memorial Categories: Featured news,Newscenter_img State Rep. Ben Glardon, R-Owosso, with special guest Owosso Public Safety Chief Kevin Lenkart, took part in the annual Michigan House of Representatives 9/11 memorial service today.The ceremony marked the anniversary of the Sept. 11, 2001 terrorist attacks on the United States, and honored military members and service members. House representatives invited guests to join them in honoring the victims and heroes of 9/11, and men and woman serving today.The names of 14 first responders and service members from Michigan who died in the line of duty during the past year were read during the ceremony.Among those honored on the day was Lansing firefighter Dennis Rodeman, who was killed this week. Rodeman had recently moved to Owosso.last_img read more

Amazonowned UK OTT subscription videoondemand s

first_imgAmazon-owned UK OTT subscription video-on-demand service Lovefilm has launched a new streaming app for internet connected devices. The app will initially be launched on the Sony PlayStation 3 games console in the UK and Germany, and will then be rolled out to all Lovefilm Instant-enabled platforms.According to Lovefilm new features include an improved search functionality and recommendation engine, and a new user interface.Lovefilm has also added a Watchlist feature, allowing members to create an unlimited streaming playlist that can be accessed at any time. A new display on users’ home pages keeps track of what content they are currently viewing and the last location reached in that video to make it easier to resume viewing from the same place via any Lovefilm-enabled device.The PlayStation 3 update also enables Lovefilm subscribers to watch HD content via the games console for the first time.“Lovefilm has been a fantastic part of the services offering on PlayStation 3 since 2010. Now with a brand new improved app coming first to PlayStation 3 plus the addition of HD content, this is a huge enhancement to the PlayStation entertainment portfolio and even more relevant for our millions of UK customers,” said Fergal Gara, vice-president and managing director for Sony Computer Entertainment UK and Ireland.last_img read more

Rodolphe Belmer Eutelsat CEO Michel de Rosen will

first_imgRodolphe BelmerEutelsat CEO Michel de Rosen will step down in March 2016 and be succeeded by former Canal+ chief executive Rodolphe Belmer, the satellite operator has confirmed.De Rosen, who turns 65 next year, will remain non-executive chairman of the board of directors of Eutelsat until the end of his current mandate in November 2016.Belmer, who was dismissed as chief executive of Canal+ in July as part of a management board shakeup, will join Eutelsat on December 1 as deputy CEO, alongside existing deputy CEO and chief commercial and development officer Michel Azibert.Following a hand-over process he will take up the Eutelsat top-job on March 1, 2016. He will then be proposed as a member of Eutelsat’s Board at the annual shareholders’ meeting in November 2016.“It has been my great privilege since 2009 to serve as Eutelsat’s CEO and latterly as chairman and CEO. During this period, we have consistently put innovation at the heart of our service to customers, significantly expanding our geographic reach, and cementing our reputation as leaders in technical excellence,” said de Rosen.“I feel this is the right time to hand over the reins and am delighted to welcome Rodolphe Belmer in whom I have full confidence to build on these achievements and to take the company forward.”Lord Birt, vice-chairman of the board of Eutelsat Communications, praised de Rosen’s six-year leadership of the company and said he had “transformed Eutelsat into a truly global player”.“The Board of Directors is very pleased that Rodolphe Belmer will lead Eutelsat. With his extensive experience in broadcasting, his understanding of the trends shaping digital markets and his leadership, we are confident he has the skills to take Eutelsat forward in the evolving satellite communications landscape,” Birt added.Belmer left Canal+ over the summer and in August was reportedly hired by the new director-general of public broadcaster France Televisions, Delphine Ernotte, to lead a 12-strong strategic orientation committee.last_img read more

Alticeowned Portuguese service provider PT Teleco

first_imgAltice-owned Portuguese service provider PT Telecom/Meo has launched new subscription video-on-demand service from Turner, Cartoon Network Premium, on its TV service.The deal makes Meo the exclusive distributor of the service in the country. Cartoon Network Premium will offer over 100 episodes of popular Cartoon Network series including Teen Titan Go!, O Incrível Mundo de Gumball, Hora de Aventuras, Regular Show, Yokai Watch, Nós Os Ursos and As Poderosas Magiespadas for a subscription fee of €3.99 a month.A number of shows including O Titio Avô Reforma-se, the eight season of Hora de Aventuras, and  Regular Show: O Filme will be available exclusively to Meo viewers.The service will be available to Meo fibre and ADSL customers equipped with a Meo box.Cartoon Network owner Turner launched a Boomerang-branded SVOD service in the US earlier this year, offering ad-free access to shows including Scooby-Doo and Tom & Jerry for US$4.99 a month, available as an OTT service to iOS and Android devices.Turner has also launched a movies-on-demand service, Filmstruck, in the US.last_img read more

If you have not read the first three parts of this

first_imgIf you have not read the first three parts of this series, please do that first: They are a necessary prelude: Westphalian Orders’ End Part 1 Westphalian Orders’ End Part 2 Westphalian Orders’ End Part 3 I have thus far made quite a few arguments why the Westphalian order of states is in trouble. Presuming that I am correct, and that the current state model fails, the great question is what comes next? The Two Classes Impolitic though it may be, any sensible analysis of states in transition has to divide the inhabitants into two groups: the Rulers and the Ruled. We can seek tamer terms if we like (such as officials and citizens), but those terms invariably muddle the issue. There are two groups that matter: those that make orders and those who take orders. These two face massively different challenges and incentives; separating them clearly is the only way to arrange a reasonable discourse. I will begin with the rulers: Imagine being a big boss of a big country: You and your predecessors have promised free everything to your voters, but you have now failed to deliver. They are angry, but there’s nothing you can do; there are no more buyers for your bonds and inflation has made your currency almost worthless. You are out of options. At the same time, you can’t just walk away – being the boss is something you need. So, what do you do? Your first job will be to keep the people with you, rather than against you. You must give them someone else to blame and to make them feel horrible about the prospect of your system vanishing. Finding outsiders to blame is always easy. (Jews and immigrants being the perennial favorites.) Making people feel like they need you, however, isn’t so easy, especially when your promises have just come up painfully short. You need some majestic promise for them to believe in: something that makes them special, provides a credible promise of more than they deserve, and/or makes them part of some magical uber-entity. In other words, you need an appealing new myth. The problem, of course, is that large new myths are not created in a day, and certainly not by people who can’t deliver much. So, you have to use whatever respected myths remain, make them more grandiose, and run with them. (This is precisely what happened at the end of the Roman Empire, as I will explain in Free-Man’s Perspective.)Fall of the Roman Empire Right now, the only big myths are of the globalist strain, such as climate change, save the rainforest (or whales, or trees, or children, or…), the value of politically correct speech and so on. Judeo-Christianity remains, of course, but it is a horrible mythology from a ruler’s point of view, is more or less incompatible with the globalist myths, and has been driven from respectable circles in most of the west anyway. So, the mythologies chosen by the rulers will have to be based upon environmentalism, anti-capitalism, and associated guilt-centric ideas. For lack of a better term, the new mythology will probably have to be globalist, with the many nation states and their scattered strategies being blamed for the crisis. The solution to the crisis, of course, will almost certainly be unified management by proper elites. But if globalist, elite rule is to be the next model, a modification of the social contract will be necessary. This will be the great moment of opportunity for intellectuals. Devising a legitimacy myth for the new order will be a ticket to fame and fortune. As strange as it sounds, there is another group associated with the rulers that must be included in this discussion, and they are the dependent class. People who survive on government checks are not what we usually think of as rulers, but they are necessarily joined to them. Together with the elites, they form a high-low ruling coalition. The vast majority of the dependent will support the rulers (or at least the replacement rulers), almost regardless of what the rulers do. Even if their checks stop, promises of future checks will keep them faithful. The other choice is to utterly reform their lives, and very few will be of any mind to do so. They may complain or even riot at the moment when their checks stop, but being faced with either radical change or supporting the rulers and hoping for restoration, they will choose the latter. And, most unfortunately, this is a very large group. The Other Side Now – and this will not be hard for most of my readers – imagine that you have behaved well and worked hard; that, after being challenged by numerous obstacles, you have carved out a comfortable, stable life. Then imagine that it has been turned upside down. Everything is a mess, and you want things to get back to normal so you can work and enjoy life. What do you do? This is where the formation of the future gets interesting. The Rulers may come up with a few surprises, but their strategies are more or less predictable. The productive ruled, however, are a wild card. Ultimately, they control everything, but they don’t know it. Rulers do not make, they only take. The productive make. If they ever decided, en masse, to stop giving in to the rulers, the rulers would be soundly defeated, and in short order. No matter how many armed tax collectors they employed, it wouldn’t be enough for an unwilling populace, not to mention that paying the armed collectors gets very difficult when there is no more money coming in. And if the mechanic refuses to fix state vehicles, if the HVAC man refuses to fix their air conditioning, and so on, the end comes much faster. The above is precisely what happened at the end of the Roman Empire: Harsher and harsher tax laws brought in less and less silver. People ran away to Germania, Britannia and Gaul to escape. The ruling structure failed. But, as mentioned above, the productive middle does not believe that they have the right to make their own political decisions; they feel free to choose between Party A and Party B, but not to demand a new structure. If, somehow, the productive class does decide they are worthy of such choices, it will be a small matter for them to begin organizing with their neighbors, cobbling together ground-up systems of law and markets, and arriving, over time, at a structure that suits them. They would almost certainly end up rediscovering John Locke, the common law, and sound money. But will they? The Cognitive War Though most of us have seldom realized it, we have been living through a continual war for our minds and our wills. We feel confused a great deal and suspect that it is our own problem; a problem that we hide, rather than risking shame. This equates, roughly, to a surrender in the cognitive war. Anyone who seeks to make us do things without thinking, wages war against our wills. Whole industries are built on this, as we all know: “Look at the pretty, happy people; buy the beer,” “don’t vote for that horrible, scary candidate,” “look here at the sexy girl,” and so on. We all swim in a soup of it. This battle will determine what comes out of Westphalia’s crisis. If the Lockean productive class is too confused and intimidated to assert their wills, the globalists will be able to regroup as they wish. If, somehow, the producers regain their nerve, they can more or less do as they wish. They will have an initial difficulty in overcoming the globalists’ death throes, but in endurance they will reclaim their world. A Second American Revolution The last time a broad group of producers asserted their will and stuck to it was the American Revolution. Contrary to any conventional wisdom of the time, they defeated the mightiest empire on the planet and changed the world. The American Revolution, as I have explained elsewhere, is misunderstood and used badly for propaganda purposes, but it was a unique and potent event. Producers have, at other times, pushed rulers to reform, but very seldom have they gathered the courage to say, “get lost, we’re doing it our way.” In order to achieve this goal the early Americans required separation, Christianity and the philosophy of John Locke. There are wonderful Lockean thinkers and teachers in the West today, but they are usually drowned out by the 24/7 clamor of 500 entertainment channels, music in nearly all public places and the recent Blackberry, texting and iPod fetishes. Withdrawal from the Circus The one real hope for the Lockeans is withdrawal from the great Western circus of mainstream TV, movies and music. In a previous article, I wrote that free news may begin vanishing, and that if it does, people will begin to choose more carefully. The thing I didn’t mention, however, was that this is occurring already. And the people who have been wandering away from the circus are mainly the producers. The first among the Lockeans are headed slowly away from the big noise. These people will begin to reclaim the right to their own opinions, even regarding how they choose to be ruled (or not). If this grows, there will be many people who don’t believe that they need to be coordinated and ordered by central elites and that Adam Smith was right: If you leave people alone, most of them will provide things needed by others, as if guided by an invisible, benevolent hand. In order to avoid this, the globalists will have to preserve media above all. Whether this includes subsidies for cable TV, free Internet services, or whatever, it will be strongly in their interests to provide them. If the circus ends, the young will start to ask impertinent questions. Lockean organization is effective, but it isn’t loud and flashy. Globalist organization is parasitic, but it comes with engaging stories and entertainments. If the circus reigns, the producers stand to be overwhelmed… yet again. The Exercise of Will I leave you with two quotes to consider, and I hope that you do so: The will of men is not shattered, but softened, bent, and guided. Men are seldom forced by it to act, but they are constantly restrained from acting. Such a power does not destroy, but it prevents existence. It does not tyrannize, but it compresses, enervates, extinguishes, and stupefies a people, until each nation is reduced to be nothing better than a flock of timid and industrious animals, of which the government is the shepherd. — Alexis de Tocqueville Mankind is made great or little by its own will. — Friedrich Schiller Paul Rosenberg FreemansPerspective.comlast_img read more

In This Issue Day 2 for Yellen no changes

first_imgIn This Issue. * Day 2 for Yellen, no changes. * N.Z. posts Trade Surplus! * Chinese announce new plans to help economy. * German Unemployment drops by 20,000! And Now. Today’s A Pfennig For Your Thoughts. Gold Shines Brightly On This Tub Thumpin’ Thursday! Good day.. And a Tub Thumpin’ Thursday to you! Well, as I crawled into bed last night, I said to myself, “boy, I sure could use a good night’s sleep tonight”, and I got one! YAHOO! So, maybe that’s the trick, put the idea in my head, and see what happens.. That’s the ticket! Steely Dan greets me this morning with their great song: Aja.. What a great album of the same name that was/ is still today. My good friend, Duane, is a huge Steely Dan fan, and when the music is playing on the Butler patio, he’s always requesting a song or two by Steely Dan. Well, the dollar selling that began with the final words of Janet Yellen’s testimony on Tuesday, continued throughout yesterday, and in the overnight markets. Some of the currencies, like the Aussie dollar (A$), N.Z. dollar / kiwi, Russian ruble, S. African rand, Brazilian real, that have positive rate differentials VS the dollar, are rallying on the thought that their differential will remain in place for now. Other currencies like the euro, are rallying because of good economic data that printed on their behalf. So, let’s look at that first and then move along.. The euro has received a hand basket full of good news this week, and has reacted positively, but the positive reaction has been muted, as if it has a governor placed on it. You know, I use that term a lot, and it just occurred to me that the youngsters that read this letter, have no idea what that means, unless they’ve Googled it, which is the answer to everything these days. No longer does anyone have to wonder what the answer is, all they have to do is Google it! OK, so back to the euro. This morning, the good news came in the form of a better than expected German Unemployment report. The total of unemployed Germans dropped by twice the expected amount in February for a total of 20,000, which kept the Unemployment rate in Germany at 6.5%.. Germany’s economy has weathered the storm, and the lower Oil prices are helping the economy quite a bit, even though it adds to the deflationary environment, that the European Central Bank (ECB) is so frightened of. I so wish that one could simply just buy Germany. But you can’t. when you buy euros, you get all the black sheep of the family coming for Sunday dinner. Ain’t that a shame. My tears fell like rain. Ahhh, Fats Domino on a Tub Thumpin’ Thursday! You can’t beat that with a stick! It was Day Two of Janet Yellen’s trek to Capitol Hill yesterday, and that brought about no changes to her talk on Tuesday, that got the markets all riled up. It was a repeat performance of Tuesday for Yellen. You know yesterday, I attempted to take all the words Yellen used to describe the Fed’s stance on rate changes, and make them understandable. I’m sure it was her wish that the markets all just settle down about a rate hike in June that many not come, and if that’s the case, well, she accomplished what she set out to do. That is, once everyone figured out what it was she was saying. Hey! I never said that the Markets participants are rocket scientists! HA! No the rocket scientists are in the back room of investment houses, brewing up the next, “no lose”, investment idea/ derivative. The one thing for sure that I know and see that Yellen’s testimonies accomplished was getting the 10-year Treasury yield back below 2%… (1.95%) Now, we can’t have the 10-year Treasury, that’s used as the pricing mechanism for mortgage rates, rising, now can we? That would leave a mark on the housing sector, and we certainly can’t have that!  Yes, I’m being a real smart alec right now, and I think I had better stop, before I type out a rant that has to get cut and left on the reviewer’s floor. So, yesterday, I told you how the N.Z. dollar / kiwi was the best performing currency overnight, and last night and this morning, it has continued to add to those gains. Last night N.Z. received the print of their latest Trade Balance, and believe it or don’t, but N.Z. posted a Trade Surplus in January! This is the lowest Trade Balance since June 2013. The thing you have to be suspicious of here is that imports were weak, and that doesn’t bode well for the domestic economy, but on the other side exports were better than expected, so they offset the weak imports sector. All-in-all, a good outcome for kiwi, and the currency has responded accordingly, trading back to 76-cents this morning.. Across the Tasman, Australia printed their 4th QTR CAPEX (capital expenditures, which I always tell you to watch as this is a key to any economy) and the print was not good. 4th QTR CAPEX fell -2.2% which was worse than expectations at -1.6%… the 3rd QTR CAPEX was revised upward from .2% to .6%, so maybe there will be a positive revision to this data down the road. The A$ just let this data slide off its back, or shrugged it off, as traders like to say, and went ahead to rally beside kiwi this morning. We’ll get CAPEX data here in the U.S. today for January. Leading up to January, the previous months’ CAPEX prints left a lot to be desired, and while the January CAPEX print might be positive for once, it won’t be very strong, and that will once again signal to me, and should to the markets and the Fed members that this economy is weak kneed.. The Bond traders know it, and I have to believe that the Fed members know it. At least I sure hope they do, because a rate hike right now would be a tough pill to swallow for the economy. Well, the Russian ruble is posting another strong rally this morning, although it was stronger when I first turned on the currency screen this morning. the beleaguered currency has a very long way to go, which is going to be a tough row to hoe, before it recovers all its losses. Last June, the ruble was trading with a 33 handle, and now it’s finally back to a 60 handle, after seeing the dark side of an 80 handle in December. How long will it be before the economic sanctions that the Eurozone has placed on Russia are relaxed, now that a peace agreement has been in place for nearly 2 weeks? This is key for not only the Russian economy but also the Eurozone economy. So, come on folks, what are you waiting for? So, I guess the Chinese didn’t just sit around eating chocolate bonbons and watching Oprah, while they were out last week, for they came back to work, loaded for bear! The Chinese State Council announced yesterday that they were going to step up fiscal policy support and strengthen targeted controls to combat downward pressure on the economy. A package of tax breaks for small businesses, a reduction of the unemployment insurance tax, which will save businesses over 40 Billion renminbi / yuan annually, and a pledge to speed up construction of major water projects in the less developed central and western regions, are the highlights, and there are more projects in the package that was presented by the State Council. The renminbi / yuan was allowed to appreciate by a small amount overnight as this package of stimulus and tax measures was announced. I like that the Chinese came back ready to tackle the slowdown in the economy. But I have to think that the economy would be just fine without the boost.. But you have to remember that 1. The Chinese have a treasure chest of reserves in which to spend on the economy, and 2. They have to keep the economic ship out to sea, in order to maintain peace in the country. While we’re hanging around Asia.. Singapore received some bad economic data last night in the form of Industrial production (IP)  that fell from the previous month and annually by a large amount, thus surprising the markets by the weakness in IP. Apparently momentum has faltered here, and the Monetary Authority of Singapore (MAS) were correct last month, when they decided to not widen the Sing dollar’s (S$) trading band.  Suddenly, inflation is not a problem in Singapore, and therefore the MAS doesn’t need a stronger S$ to combat inflation that isn’t there. the deflation bug has landed on Singapore’s shores, and spread quickly. the bug originated in Japan, folks. Speaking of Japan. this basket case of a country, has been pretty quiet lately. And the Japanese yen has benefitted from this quietness. Now, don’t get me wrong here, I’m not saying that yen is about to go on a rally to the moon. I’m just talking about this brief little rally while things are quiet in Japan. That’ll all change soon enough, it always does with the Japan… Well, coming back closer to home, Canada will print their January CPI (consumer inflation) today, and it’s expected to print around 2.1%, thus a notch above the Bank of Canada’s (BOC) inflation target of 2%.. BOC Gov. Poloz has been dangling a rate cut in front of the markets like a carrot on and stick, but a CPI print of 2.1% will not help him one iota. And he’ll have to put the stick and carrot away for another month. So watch this data print closely, because if Canadian CPI would happen to fall below 2%, Poloz will be dancing in the street, because he’ll get to cut rates again, and knock the stuffing out of the Canadian dollar / loonie. Speaking of CPI. We might as well head to the U.S. Data Cupboard and see what it has for us today. Open it up and WOW! It is stocked! First up is the stupid U.S. CPI, which will most likely print a large negative number that will all but nail down the Fed to not hiking rates in June at this point. Next up is real data, as U.S. Durable Goods Orders print for January and is expected to finally print a positive number, after 3 previous prints that were devastatingly disappointing. Then the usual Tub Thumpin Thursday print of Weekly Initial Jobless Claims, the 4th QTR Home Price Index, and Bloomberg Consumer Comfort index.   Yesterday’s Data Cupboard had January New Home Sales, which edged downward by -.2%… I suspect this data to be back and forth in 2015, as rate hike talk slows things down, only to be reversed when the rate hike doesn’t happen. Back and forth, a real wishy-washy year for New Home Sales, in my opinion, which could be wrong, of course! I went nearly the whole letter and didn’t mention the $12 gain in Gold this morning! Silly me. I was thinking that I shouldn’t get all lathered up over a nice gain like that early in the morning, before the NY traders arrived at their desks, and “took care of that little problem”. But then I got here and it was still there, and I thought. Oh well, at least it was a nice gain when I was writing the Pfennig!  But with Yellen reinforcing her talk from Tuesday, Gold was able to take advantage and move past $1,200 yesterday, and then add another $12 this morning.  My spider sense is tingling right now. I wonder what’s up here? Yesterday I highlighted the fact that Palladium had made one of its legendary “jumps” , and today it’s Platinum’s turn, as it hangs a $20 gain on yesterday’s figure. For What It’s Worth. Well, my friends Dave Gonigam and Addison Wiggin over at Agora’s 5 Minute Forecast were kind enough to quote me in their letter yesterday and use some of the stuff I said about Yellen’s testimony. I love it when I see my name up in lights!   On a sidebar, I picked up a book in the library here in the building the other day, and began reading it, and one of the principal characters in the story is guy named: Charles Butler..  Now How about that! Well, I thought I would return the favor to by friends over at the 5 Minute Forecast and reprint something they had in their letter yesterday. This is a note that Addison Wiggin printed 5 years ago from someone in China. Now remember this is 5 years ago in China. “What people fail to grasp,” this individual wrote, “is this place is much more capitalist than the States now: .               No capital gains tax .               No property tax .               No local or state taxes .               A reasonable 35% tax rate for the highest earners .               Corporate tax rates of 0% for three years and 15% per year after that.             “Also, most importantly, it’s not a casino economy like the States. China will sell 30% more vehicles this year than in the U.S, and 93% of those vehicles will be purchased cash up front. “For a home loan, you need 30% down. As a private business, to get a loan, you have to put up the assets of the company, i.e., plant and equipment. There are no leverage games here. “It’s a one-party state, but at least it is focused on its own people. We have a two-party system that has sold us down the river. All the Asian Tiger economies needed a strong central government to launch themselves out of poverty. Not a good system for our culture, but it works for them. “High-speed train systems going on line, 50 new airports in that last five years — you must see this place to believe it.” Chuck again. Yes, and there are still naysayers about China’s economy and the direction of the country.. That’s amazing to me for sure! To recap. Yellen speaks again, no changes to her first testimony, so the dollar selling continues. the positive rate differential currencies put in the best performances overnight, and the euro rallies on good labor data from Germany. New Zealand posts a Trade surplus, which is strange for them, and Australia prints weak CAPEX data but shrugs it off and the A$ rallies. Gold is up $12 this morning, and China announces new plans to stimulate economy, Chuck sure hopes they don’t start down the path well beaten down by the Japanese. Currencies today 2/25/15. American Style: A$ .7905, kiwi .7600, C$ .8030, euro 1.1360, sterling 1.5510, Swiss $1.0540,  . European Style: rand 11.4055, krone 7.5500, SEK 8.3020, forint 267.05, zloty 3.6640, koruna 24.2020, RUB 60.47, yen 118.80, sing 1.3505, HKD 7.7545, INR 61.75, China 6.1379, pesos 14.85, BRL 2.8450, Dollar Index 94.28, Oil $50.58, 10-year 1.95%, Silver $16.82, Platinum $1,190.88, Palladium $811.25, and Gold. $1,218.10 That’s it for today. Well. the first full squad workout of Spring Training for my beloved Cardinals took place yesterday. Next Saturday, is the first home Spring Training game of 2015 for the Cardinals. Spring Training games are impossible to fill in a score card, because there are so many changes with players, pitchers, positions, etc. so, you just go and enjoy the beautiful day, the sounds, the smells and baseball.. Can you believe that February is almost over? The month flew by like the wind. I sure hope March lasts a lot longer! The other night my beloved Missouri Tigers finally stopped their 13 game losing streak and beat the mighty Florida Gators! And the St. Louis U. Billikens are looking to win 2 in a row! Maybe things will look brighter for these two schools’ beleaguered basketball teams heading into March.. Jimi Hendrix is playing: All Along the Watchtower on the iPod right now. And that tells me that the watchtower has struck the bewitching hour of when this needs to get out of here! So, make sure you go out and have a Tub Thumpin’ Thursday! Chuck Butler Managing Director EverBank Global Marketslast_img read more

By Nick Giambruno Editors note Today we have a

first_imgBy Nick Giambruno Editor’s note: Today we have an urgent essay to share with you from Crisis Investing editor Nick Giambruno. You see, right now, a dangerous shift is playing out in Europe… one that could change the continent’s political landscape in a way not seen since before World War II. As Nick explains below, it all has to do with tomorrow’s important vote. Read on to get the details on how it will all go down—and what it could mean for you and your fellow Americans… Tomorrow, a vote in the Netherlands could push the euro and the EU one step closer to death… For the last several months, I’ve been warning readers about a populist tsunami washing through Europe. It’s drastically changing the continent’s political landscape in a way not seen since before World War II. This wave is flushing away traditional “mainstream” parties. And it’s bringing in anti-establishment populists who want to leave the euro currency and the European Union. It’s already hit the UK in the form of Brexit, killing David Cameron’s pro-EU government in the process. Then it struck Italy, washing away pro-EU Matteo Renzi’s government. After spending a few weeks in Italy last year, months in advance, I predicted the country’s constitutional referendum would fail and Renzi would resign. (I’m also an Italian citizen.) That’s why I advised Crisis Investing subscribers to short the euro with an investment that trades like any ordinary U.S. stock. As of writing, we’re sitting on a double-digit gain, but I expect there’s a lot more upside in the months ahead. Tomorrow, on March 15, the populist wave is set to hit the Netherlands. That’s when Dutch voters go to the polls. The anti-EU populist Party for Freedom is expected to win. It’s led by Geert Wilders, who was close to Trump’s campaign. Some even call him the “Dutch Trump.” Leaving the euro is a top priority for the Party for Freedom. If it wins, it would be another nail in the coffin for the European currency. Either way, the Dutch parliament will discuss how to leave the eurozone shortly after the March 15 election. A top lawmaker recently said that “the probe will examine whether it would be possible for the Dutch to withdraw from the single currency, and if so how,” Reuters reported. The euro’s problems are compounding and could get much worse, very soon. Germany (September 24) France (April 23) Why 2017 Could Offer a Rare “Second Chance” to Get Rich in the Stock Market Imagine waking up to find the size of your retirement account has doubled… all thanks to a small $500 investment. It sounds impossible… But this sort of thing has happened before. Could it happen again? Click here for the full story. These elections will ultimately determine the fate of the European Union. The Brexit vote, Donald Trump’s election, and the failure of Italy’s constitutional referendum have already boosted anti-euro populist parties in these countries. If the Party for Freedom wins in the Netherlands tomorrow, they’ll get another leg up. Populist parties have a real chance to win in both France and Germany. But even if they win in just one, the EU would likely unravel. The biggest issue in these elections is the migrant crisis, which we’ve covered here extensively. And the crisis is only accelerating. Every single migrant that arrives in Europe increases the chance that anti-EU populists will win a key election. That’s not good news for the EU or the euro. It’s also not good news for the U.S. Whatever happens in the EU—the world’s largest economy and a major U.S. trading partner—matters. If the euro collapses, expect it to trigger a stock market collapse in the U.S. The Financial Times recently put it this way: It would probably lead to the most violent economic shock in history, dwarfing the Lehman Brothers bankruptcy in 2008 and the 1929 Wall Street crash. And it could all begin unfolding tomorrow… Regards, — Two of Europe’s biggest countries have elections this year: Nick Giambruno Editor, Crisis Investing P.S. Tomorrow, March 15, is a crucially important date for Americans, too. Especially those who have any money in the stock market. Because on that day, the debt ceiling deadline hits. If Congress can’t come together to agree on a solution, the Treasury could run out of money. In the worst case, this could affect Social Security and government pension funding. Also, the last time the debt ceiling battle got fierce, the U.S. credit rating was downgraded. If that happens again, there could be big trouble in the markets. On top of the debt ceiling deadline, the Federal Open Market Committee (FOMC) will meet tomorrow—and all signs are pointing to a rise in interest rates. A steep series of rate increases could also spell doom for the market. That’s why Casey Research founder Doug Casey and I put together this urgent video designed to help you navigate markets in crisis… You can watch it here. How Doug turned every $1,000 into $86,000 An unusual group of companies I call “penny fuel stocks” are on the verge of a historic boom. Only TWICE in history has a similar event happened… and each time, these tiny stocks roared for 10-, 100-, some even saw rare but life-altering 1,000-fold returns. We know this because our research firm’s founder, Doug Casey, saw these returns himself. In fact, he saw a life-altering 86-fold return! These types of life-altering gains are something most investors never have the opportunity to see but now, thanks to the Trump administration, this same energy event is happening right now. And Doug and his team are now recommending plays with similar life-changing potential! Click here for full details. – Recommended Linkslast_img read more