Source = e-Travel Blackboard: N.J Asia booked out the highest number of scheduled seats this month, leading worldwide air services by one third. According to an OAG Frequency and Capacity Trend Statistics report the region scheduled up to 93 million seats in January and increased seat capacity by 11 percent to 15.2 million.”Emergent markets are rapidly catching up with established regions in terms of size,” OAG parent company UBM Aviation chief executive Peter von Moltke said. “One significant example is the strong and continued growth within the Chinese market; with future expectations of growth in demand, it is likely that this market will be larger than the total North American market within the decade.” The report highlighted travel to and from the US increased by three percent to 17.4 million while the Middle East experienced a hike in seat numbers, increasing by 12 percent to 11.7 million. “Growth in this region is largely due to the development of three major hub airports in the Middle East, Dubai, Abu Dhabi and Doha,” UBM Aviation company airport strategy and marketing senior vice president John Grant said. “Year-over-year capacity to and from the region increased 12 percent through a combination of increasing hub capacity, and more importantly, the emergence of new low cost airlines in the region.”
“Powertool Symphony” by Sal Tellini, also part of the ceramics crew at ArcosantiThe Residents art show will be exhibited in the Café at Arcosanti until April 28, 2014. A range of original arts and crafts pieces will be available for viewing and for sale from 9am – 5pm each day of the exhibit.For more information see this link or contact the exhibit curator, Cliff Hersted, at 928-632-6200 February 17, 2014Here are photos of additional artwork at the Arcosanti Resident Artshow.Painting by Jane Tellini, who manages the Arcosanti ceramics studio.[photos by Sue Kirsch]“The Napping Man of the North” by Daniel Wagner, presently part of the Arcosanti scholarship program.Pendants by Erin O’Loughlin. Erin is part of the ceramics crew at Arcosanti.“Arcosanti” by Haryaksha Gregor. Haryaksha is part of the foundry crew at Cosanti.Photography by Steven Bochinski. Steven is presently doing his workshop after completing the scholarship program.Steven: “My Metal Prints are actually printed directly on the aluminum sheets by a dye sublimation process, the lab just calls them Metal Prints – there is no paper and no mounting.”
Roku, the over-the-top TV streaming device provider, has received US$45 million (€37 million) of investment from companies including UK pay TV operator BSkyB and News Corp. Other investors include Menlo Ventures and Globespan Capital Partners.Sky has invested US$10 million in the company. Its new OTT platform Now TV will soon be available on Roku devices in the UK. Under the terms of the deal, Sky has the option to rebrand and distribute versions of Roku’s devices in the future.Roku said it would use the new capital to build further brand awareness through advertising, develop new international markets and increase engineering and production to support sales growth of both hardware and digital media services on the platform including advertising, games, transactional and pay-per-view video as well as content packages.Roku launched in the UK in February and currently offers over 150 channels, including Netflix, iPlayer and Crackle.
Israel-based international news channel i24news launches today in Italy, joining the Sky Italia pay TV platform. The channel will take slot number 537 on the EPG and be available in English.The deal marks the latest launch by i24news, which in recent weeks has gone live on Polish DTH platform Polsat and started airing in Spain for the first time on DTH operator Canal+.i24news launched in July and covers international news “through the eyes of Israeli society.” The network broadcasts from the port of Jaffa in Israel, is available on cable and satellite pay-packages in three languages. It is also available for free on satellite in Europe, Asia, Africa and the Middle East via 13 Hotbird, Astra 19.2, ITS 4, AsiaSat 5 and can be streamed over the web.
If 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.com
In 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 Markets
By 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 Links
Free Webinar | Sept 5: Tips and Tools for Making Progress Toward Important Goals Register Now » This story originally appeared on Reuters The New Shepard crew capsule. The reusable New Shepard spacecraft, which launched to the outskirts of space in November, will launch again soon Jeff Bezos’s Space Company Aims for Passenger Flights in 2018 Jeff Bezos Attend this free webinar and learn how you can maximize efficiency while getting the most critical things done right. Reuters 3 min read Add to Queue Image credit: Blue Origins Jeff Bezos’ space company Blue Origin expects to begin crewed test flights of its reusable suborbital New Shepard vehicle next year and begin flying paying passengers in 2018, Bezos told reporters on Tuesday.Bezos’ remarks, made during the first ever media tour of the Blue Origin manufacturing facility, marked the first time the billionaire founder of Amazon.com had put a target date on the start of the commercial space flights Blue Origin is developing.”We’ll probably fly test pilots in 2017, and if we’re successful then I’d imagine putting paying astronauts on in 2018,” Bezos said at the sprawling plant south of SeattleThe company expects to build six New Shepard vehicles, which are designed to autonomously fly six passengers to more than 62 miles above Earth, high enough to experience a few minutes of weightlessness and see the planet set against the blackness of space.Blue Origin’s first reusable rocket was lost in a test flight in April 2015, though the capsule parachuted safely back to the ground. A second ship has made two test flights, and Blue Origin is in the process of assembling its next two vehicles, which, for the first time, include windows for paying passengers.Blue Origin has not yet settled on a price for rides, but Bezos said it will be competitive with what other companies, such as Richard Branson’s Virgin Galactic, are charging for similar flights.Galactic is selling tickets to fly on its six-passenger, two-pilot SpaceShipTwo for $250,000. The company last month unveiled its second spaceship and expects to begin test flights soon. The first SpaceShipTwo was lost during a fatal test flight in October 2014.Privately owned XCOR Aerospace, which is developing a two-person space plane called Lynx, is charging about $100,000 for one person to fly alongside a pilot.Bezos said he has invested more than $500 million in Blue Origin, which is on track to double its staff to about 1,200 within the next year. He said that he would continue to foot the company’s bills “for as long as necessary.”Bezos expects Blue Origin to become profitable at some point. “I’m optimistic it will be a healthy business,” Bezos said.Blue Origin also is working on rocket engines for United Launch Alliance, a partnership of Lockheed-Martin and Boeing, and for Orbital ATK.”It’s very gratifying that the world’s premier launch companies are choosing our engines,” Bezos said.(Reporting by Irene Klotz; Editing by Andrew Hay and Cynthia Osterman) Next Article March 9, 2016 –shares
Connex Digital Marketingsales conversionSales Funnelsales revenue Previous ArticleMarTech Interview with Van Diamandakis, CMO, PersadoNext Article10 Tips for a More Successful Price Optimization Project A Sales Funnel And Why Your Business Needs It Anna KucirkovaApril 23, 2019, 4:00 pmApril 17, 2019 That sales funnel of yours may be one among the key roots of your brand-new internet marketing policy for this age. Returning its fundamentals won’t only provide you with the best tool yet will additionally be in a position to preserve you valuable resources, that in turn, you may attach to your property to grow your online business. When you utilize the sales-funnel approach, you will be in a good position to appreciate distinguished sales conversion.What Is a Sales Funnel?Sales-Funnel Marketing is an approach in which a business draws new clients and prospects and leads them along a particular pre-destined route the business proprietors had in mind for them.The sales-funnel approach is mostly used to get fresh clients by offering freebies rather than attempting to convert them into consumers and buyers. In different cases, the sales funnel comprises getting buyers to buy more valuable items with time.How does a Sales Funnel Work?A sales funnel works like this: You offer an entry-level product, perhaps something for less than $20 (or even a free product) to allow the customer to ‘try you out’. When they buy the underlying item, and experience working with you, then you experiment with your item and see that it does all that you promised and that’s only the tip of the iceberg. At that point they will feel considerably more happy obtaining something else from you. What’s more, that something else can be a greater, higher valued item.The more someone has acquired from you, the more likely they are to buy from you in the future. So, instead of creating a $100 product up front, you will enjoy more long-term profit by utilizing a sales funnel.Read More: Making Voice Tech More Human Is as Easy as 1-2-3Why Do You Need a Sales Funnel?Improve Sales RevenueSuppose you got a report, which retails for $17. You may trade it 300 times, hence you would make $5,100 in transactions. Anyway, do you believe some would additionally purchase a similar item for $37 or still $197? I trust some would do it! Therefore, it’s absurd not to own a sales funnel fixed up for your digital business. It’s not important to worry with all the functional pages from the initial starting point, but, in any case, seek to have them.Improve Conversion RateWhile people move via their funnel, the number of them will lessen at the very time, and this is extra crucial, the common population which prevails in the funnel will presumably be more prepared to compensate for their extra expensive similar products. Accordingly, unselected people will be separated in the sales funnel. Additionally, those who remain will purchase more, and this will improve their conversions! Concentrate your efforts on those individuals and provide them with what they require, and they will likewise sell high-cost items.Assist in Predicting Sales VolumeOnline marketing is fun. Also, with every marketing side, you can determine the number of possible customers and later take the information to foretell the level of individual who will purchase your items. For instance, assume Paul traces your website’s traffic for say 10-weeks and discovers that he gets 10,000 guests to his site every month. 40/100 of them accept the free proposal (4000 sponsors) and 5% will purchase one or considerably extra products. After a few weeks, Paul will have statistics point-by-point concerning the number of individuals who purchase and plan in the funnel. Additionally, using those numbers, Paul can prognosticate the amount of money he can make with his sales funnel.Read More: How Managed Execution Services Help Marketers Yield Better ResultsIdentify Unsold Products/ServicesWith the numbers Paul gets each month, he can recognize services or products that don’t actually sell well. Therefore, you can execute modifications to your design and products to promote it, or you can even eliminate or replace existing items. That’s the idea why it’s normally important to keep a record of everything you perform in your funnel.ConclusionTowards the end of the day, your goal is to change sales into qualified leads. This model helps you through the sales process and shows you how to legitimately manage potential customers. The sales funnel gives you a course and focuses on the opportunities you need to deal with that will ultimately, help you save time, money and increase your bottom line. This is going into the design of your general sales strategy.Read More: What is Presentation Management and Why Do You Need It?
Searches for “summer 2019” have been on the rise for the past 90 days, and the unofficial start to summer – Memorial Day weekend – is just a couple weeks away. Expedia travel experts revealed the best time to book, cheapest places to visit, and other vacation planning tips to help travelers prepare for another season of epic adventures. Expedia also recently polled 1,000 Americans and analyzed travel data to uncover the trends that will likely inspire your next summer getaway. Expedia’s ready to inspire your next summer getaway. Nearly 85% of Americans are taking or planning to take at least one trip between now and September. For the 15% of Americans who said they won’t be traveling this summer, more than half of them (65%) claim it’s due to budget concerns.Domestic travel continues to be the foundation of most American trips. 3 out of 4 Americans aren’t planning to leave the country this summer. Expedia’s flight and hotel data confirms this as hot spots like Vegas, Orlando, San Diego and Los Angeles make up a majority of the top 25 most popular summer vacation destinations this year.Most Americans plan to road trip or fly with family or a significant other this summer, and they’re willing to spend between 5-10 hours in transit.Disconnecting from work, hitting the beach, getting some sun, sightseeing, spending time with friends and family are all things we want to accomplish this summer. Nisreene Atassi, PR Director for Brand Expedia comments: “Whether it was road trips around the Midwest or long weekends to the East Coast, domestic vacations were a hallmark of my family trips as a child. So, it doesn’t surprise me to hear that most Americans plan to travel within the U.S. this summer. We’re on a mission to really arm travelers with everything they need to get their vacation plans sorted, and our analysis covers everything travelers need to do just that.”Marketing Technology News: New Research: Global Businesses are Failing to Live up to their Claims of Putting the Customer FirstHere’s when to book your hotel, flight and car rentalHotel – Travelers are becoming more accustomed to booking last minute, which could work in their favor this summer. Being flexible and waiting about a week before your trip starts could save you more than 15% on hotel costs. For those who cringe at the thought of missing out on a specific property or not staying with other travelers in your party, booking 21-30 days in advance could still mean nearly 10% savings. Regardless of when you decide to book, remember the cheapest average daily rates are found on Fridays5.Flights – The “sweet spot” for airfares is about three weeks to a month (21-30 days) ahead of time. Remember to purchase flights over the weekend, particularly on a Sunday. Nearly 30% of Americans are flying to their destination, so this next tip is super important: choosing flights that take off on Thursday or Friday6 can save travelers around 10%.Car Rental – It’s never a bad idea to avoid putting miles on your car. Booking a comfy rental 14-20 days in advance could save you around 5% this summer.“We hear from travelers time and time again that budget is a big concern for them. While summer can often mean peak travel times and peak pricing, we’ve done the heavy lifting to figure out the best ways for travelers to still find prices that fit their budget,” says Atassi. “With some careful planning and a little research, summer travel plans are well within reach for many Americans.”Marketing Technology News: Hyundai Streamlines Integration with the Google AssistantCheap summer vacation ideas Most Americans feel comfortable spending somewhere between $1,000-2,999 on their entire summer vacation. Expedia’s data gurus pulled together some of the cheapest destinations in the USA that fit this budget. We also threw in a few international locations that Americans tend to frequent.Marketing Technology News:Extreme Reach Launches AdBridge, the Complete Creative Asset Workflow Solution Designed for the Next Era of Brand Storytelling Expedia Unpacks the Best Time to Book, Cheap Places to Visit, and Everything Else You Need to Know About Summer 2019 PRNewswireMay 14, 2019, 8:17 pmMay 14, 2019 Brand ExpediaExpediaMarketing TechnologyMemorial Day weekendNewsNisreene Atassisummer 2019 Previous ArticleCloudinary Identifies Opportunities to Raise Visual Storytelling Impact in its Inaugural State of Visual Media ReportNext ArticleRevTrax Announces Addition of State-of the-Art Machine Learning and AI Technology to its Offer Management Platform to Deliver Groundbreaking Value to CPG & Retail Brands
Evolve Media will implement Outbrain’s Smartfeed and Audience Development Suite to drive consumer engagement & revenue initiativesOutbrain, the world’s leading discovery and native advertising feed for the open web, announced today that it has entered into an expanded global technology partnership with Evolve Media, a publisher of leading enthusiast destinations for men and women. Through the partnership, Evolve Media will have access to Outbrain’s extensive network and full audience development suite.The agreement will enable Evolve Media to utilize the power of Outbrain’s Smartfeed technology, helping audiences discover engaging content-from articles to videos and more. In addition, Evolve Media will utilize Outbrain’s native advertising capabilities to augment its audience acquisition strategies.Marketing Technology News: ANSYS Welcomes Lynn Ledwith as Vice President of Marketing“We’re excited to enter into a partnership with Evolve Media, whose goal is to streamline the advertising process and create stronger engagement amongst consumers,” said Josh Feller, Senior Vice President, Global Business Development at Outbrain. “Smartfeed provides flexible and scalable solutions catered to their needs increasing reader engagement and growing revenue. In addition to Smartfeed, Evolve Media will have access to Outbrain’s global audience reach and the entire suite of publisher tools, including outstream video and real-time auto-optimization capabilities.”Marketing Technology News: Relationship Intelligence Platform Affinity Hires Four New Vice PresidentsEvolve Media’s use of Outbrain will help to increase engagement across each one of its global properties and will aid in personalizing the customer journey by leveraging Outbrain’s proprietary interest-graph. Outbrain’s programmatic technology will help Evolve Media in curating hyper-personalized content created towards each individual consumer.“Outbrain’s Smartfeed technology provides us with the key benefits that we are looking for, including brand safety and quality content,” said Aaron Broder, Co-Founder and CEO at Evolve Media. “With the ever-shifting media landscape, we needed a partner with strong capabilities, especially as we scale back on the number of partners we sign with. With Outbrain, we can drive audiences to specific premium content, while increasing revenue and engagement.”Marketing Technology News: VaaS and USB are Helping to Drive Growth in the Video Conferencing & Collaboration Market Outbrain Announces Strategic Global Partnership with Evolve Media MTS Staff Writer6 days agoJuly 16, 2019 Evolve MediaJosh FellerMarketing Technology NewsNewsOutbrainPartnership Previous ArticleACI Worldwide and Worldpay to Drive Global Acceptance of Alternative Payment MethodsNext ArticlePFL Hosts Ribbon Cutting Ceremony to Celebrate New Digital Production & Fulfillment Center
Reviewed by James Ives, M.Psych. (Editor)Oct 8 2018Data from a clinical trial has shown that how people respond to treatment for Bipolar Disorder may be influenced by their weight and the overall quality of their diet, including whether they are eating a diet high in foods thought to contribute to general inflammation. These are early results, but if replicated may mean that treatment of some mental health problems could benefit from the inclusion of dietary advice. This is presented at the ECNP Conference in Barcelona.Bipolar Disorder (which used to be called ‘manic depression’) is characterised by episodes of mood swings, between being very up or very down with periods in between the two extremes. The fact that there are two opposite sets of symptoms means that finding an effective treatment is difficult. While current medications are useful, they are better at targeting mania symptoms (the ‘up’ phase), leaving a lack of effective treatment for people experiencing depressive episodes. Now a group of Australian, German and American scientists have shown those who have a high quality diet, a less inflammatory diet, and/or a low BMI (Body Mass Index) may respond better to an add-on nutraceutical treatment provided as part of a clinical trial.”If we can confirm these results, then it’s good news for people with Bipolar Disorder, as there is a great need for better treatments for the depressive phase of Bipolar Disorder” said lead researcher Melanie Ashton of Deakin University in Australia.A total of 133 participants were randomly assigned to take a combination of nutraceuticals (compounds derived from foods such as vitamins or minerals that treat or prevent a disease or disorder) including the anti-inflammatory amino acid n-acetylcysteine (NAC), or NAC alone, or a placebo (a dummy pill) for 16 weeks. Participants received the study medication in addition to any stable treatments they were already receiving. Researchers measured BMI at the beginning of the study, and then measured depression and how a person is able to function in their day to day life. Researchers also rated whether a participant was improving and, if so, how much, over the next 20 weeks. Participants filled in a questionnaire about what they usually eat over the year and researchers calculated a diet quality score, where good diets included a healthy diet with lots of fruit and vegetables, whereas poorer-quality diets had more saturated fat, refined carbohydrates and alcohol. These types of diets were then categorised as either anti-inflammatory or pro-inflammatory based on foods that affect inflammation.Related StoriesDiet and physical exercise do not reduce risk of gestational diabetesHigh-fat, low-carbohydrate diet may improve brain function and memory in older adultsHigh salt intake inhibits tumor growth in mice, shows studyMelanie Ashton continued, “We found that people who had a better-quality diet, a diet with anti-inflammatory properties, or a lower BMI, showed better response to add-on nutraceutical treatment than did those who reported a low-quality diet, or a diet including foods that promote inflammation, or who were overweight.What this means, if these results can be repeated in a larger trial, is that treatment for Bipolar Disorder would need to take into account what a person eats and their weight.There are some points we need to note about this study. This is a randomised, controlled trial, but what we found were exploratory outcomes; in other words, it wasn’t the main result that we were testing. Our result is statistically significant, but because the study wasn’t specifically designed to test the effect of diet quality,inflammatory diets and BMI on drug response in general, it is necessary to see the work replicated in a larger study before any firm conclusions can be formed”.Commenting, Professor Eduard Vieta (Barcelona) said:”This is interesting work, which holds out the possibility that patients with Bipolar Disorder may benefit from a balanced diet. However, it is an early study, and we need more research before we can think whether this might affect clinical practice”.Professor Vieta was not involved in this work, it is an independent comment. Source:https://www.ecnp.eu/
Maharashtra COMMENTS 0 June 16, 2019 Published on SHARE Maharashtra Chief Minister Devendra Fadnavis (file photo). – THE HINDU SHARE SHARE EMAIL COMMENT The Devendra Fadnavis Government on Sunday expanded the Ministry with 13 new ministers. Six serving ministers have been dropped. The move is seen as an attempt to strengthen the government before the Maharashtra Sssembly elections, which are likely to be held in October.The induction of new ministers almost coincides with the Monsoon session of Maharashtra Legislature, which is commencing on Monday. Among the most prominent faces to join the Fadnavis team is former Congressman and leader of the Opposition in the State Assembly, Radhakrishna Vikhe Patil, who quit the grand old party on June 5. With Congress party losing massive public support in Maharashtra before the parliamentary elections, Vikhe Patil had also put in his papers as leader of the Opposition.The other notable faces to the join the government are Mumbai BJP President, Ashish Shelar, who is seen as a major force in keeping the party united in Mumbai and continuously directing the party cadre during the parliamentary elections. Former Nationalist Congress Party leader Jaydutta Kshirsagar, who was also a minister in the Congress-NCP government 2009-2014. From the Republic Party of India (A) leader Avinash Mahatekar was given a berth as Minister of State. All three new ministers are not members of Maharashtra Legislative Assembly or Maharashtra Legislative Council, but still, they can hold the ministerial position for six months.Interacting with the media on the eve of the Monsoon session of the Legislature, Fadnavis said new members have been inducted in the Ministry so as to provide a regional balance. The decisions to drop six ministers are not based on their performance, he said.Fadnavis said that 28 Bills will be discussed in the session, of which 13 would be fresh Bills. The State government was also in the process of uploading database of 1.2 crore farmers, which would be used for the Pradhan Mantri Kisan Samman Nidhi Yojana, which would be used for faster disbursal of funds during the Kharif season. politics
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