Rooney left England too soon Hodgson

first_imgRoy Hodgson is of the opinion that Wayne Rooney left England too soon, and believes that he still has much to offer.The 32-year-old has always been outstanding with his talent. He stood out as an excellent striker while in England and still excels since leaving Goodison Park for DC United and Major League Soccer during the summer.Rooney’s absence is strongly felt, as Everton continue to lack a consistent, goal scoring striker.‘He is doing fantastically well. At DC they were well down in the league when he got there, although they hadn’t played too many games, but since he’s arrived he has been fantastic, not just scoring goals, but decisive goals, like the one we saw in midweek. Hodgson says via Dailymail.‘There is no doubt the talent he has, showing he could still play top level English football.Jadon Sancho, Borussia DortmundCrouch: Liverpool could beat Man United to Jadon Sancho Andrew Smyth – September 14, 2019 Peter Crouch wouldn’t be surprised to see Jadon Sancho end up at Liverpool one day instead of his long-term pursuers Manchester United.‘But it was his decision and after Manchester United and Everton, where he had a tremendous affinity, deep roots, maybe he would not have been that interested in playing for another English club outside those two.‘It was a conscious decision to play abroad. I have a great deal of respect for Wayne, and I think he does for me.‘I would have loved him here at Palace, but he thought long and hard about his decision, and without a shadow of doubt would have talked it over with his family.‘I am delighted to see what success he is having. I guess he is doing what DC United were really hoping for when they signed him. They just didn’t want a figurehead but also a player who can win them matches, and he has done that.’last_img read more

Settlement payout for Caicos Pride Day Boat Seafood Pelagic Fish Study halted

first_imgMinisters advised His Excellency the Governor to approve a settlement payment in respect of losses that both companies claimed they had incurred as a result of TCIG suspending a 2 year pelagic fishing research study in 2014. Cabinet met yesterday and it was determined that we owe Caicos Pride Products Ltd and Day Boat Seafood LLC financial compensation for cancelling the pelagic fish study. Related Items: Facebook Twitter Google+LinkedInPinterestWhatsAppA major payout is now due because TCIG reneged on an arrangement and it will cost tax payers likely a heap of money. Facebook Twitter Google+LinkedInPinterestWhatsAppcenter_img Additionally, the CDB, Caribbean Development Bank was in country and in Cabinet and presented on the Medium Term Development Strategy for TCI. The Turks and Caicos has qualified to borrow up to $100 million from the CDB. The Governor, during that Cabinet meeting, was also asked to endorse the Crown Land allocation to 36 Turks and Caicos Islanders who were successful in ballots drawn on April 29 2016. The Department of Environment and Maritime Affairs or DEMA had previously granted those companies a research permit; a House of Assembly vote led by the PDM ended the study. No settlement figure was given.last_img read more

HOT OFF THE PRESS Read Wilmington Senior Centers October Newsletter

first_imgWILMINGTON, MA — Read the Wilmington Senior Center’s October 2018 Newsletter HERE.Highlights from the latest “Buzzell Buzz” include:Notes from Elderly Services Director Terri MarcielloInformation on the Community Teamwork’s Fuel Assistance ProgramInformation about upcoming events, including: Fire Safety & Prevention Month Event; Meditation Classes; Grand Opening of “Our Moment Cafe;” Visit to Wilmington Arts Council; the Buzz Book Club; the Caregivers Support Group; Wilmington Has Talent Holiday Edition; Fire & Fall Prevention Program; Homestead Seminar; Game Night; Pumpkin Decorating; and Doris’ Craft CornerInformation about: Birthdays, Condolences, Guess Who Contest?, and Get Well Wishes.The Senior Center’s October Calendar of EventsLike 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… RelatedHOT OFF THE PRESS: Read Wilmington Senior Center’s September NewsletterIn “Community”HOT OFF THE PRESS: Read Wilmington Senior Center’s August NewsletterIn “Community”HOT OFF THE PRESS: Read Wilmington Senior Center’s July NewsletterIn “Community”last_img read more

Snaps earnings show that users arent disappearing anymore

first_img Snapchat Tags Getty Images Snap, which has struggled to keep users on its Snapchat app, broke its losing streak.Snap said Tuesday that 186 million users logged in to the vanishing-messaging app daily in the fourth quarter, the same number as in the previous quarter. Snap had seen a drop in daily usage for two consecutive quarters last year after an unpopular redesign of the app.The results helped the company boost revenue and narrow its loss compared with the same period last year.Investors loved the news, pushing the company’s shares as much as 20 percent higher in after-hours trading. That isn’t to say Snap doesn’t have challenges. The company is working on a new version of the app for Android. Snap is also dealing with a string of executive departures, including Tim Stone, the chief financial officer who said last month that he was leaving after less than a year on the job. It also has to compete with larger social networks such as Facebook and its Instagram service, both of which have been investing more in ephemeral messaging, for ad dollars. “The transitions we made in both the Snapchat platform and our business last year were necessary and created many of the opportunities we have ahead of us,” said Snap CEO Evan Spiegel during a conference call with analysts. “But change is always difficult and this past year was no exception.”Snap has rolled out a new version of its Android app to a small percentage of its users, but didn’t say when it will be released more broadly. Spiegel also said during the conference call that the company is trying to get users between the ages of 13 to 34 to spend more time on the app by releasing more original shows on the platform. At the same time, the company is focusing on personalizing the app for users above 34 years old and expanding internationally. In the fourth quarter, the company grew its revenue by 36 percent, to $389.8 million, beating the $377.52 million expected on average by analysts surveyed by Thomson Reuters.Snap reported an adjusted loss, which excludes expenses such as employee stock compensation, of 4 cents a share compared with a loss of 13 cents in the same quarter last year. Analysts expected a loss of 7 cents a share. The company also doesn’t expect daily active users to decline in the first three months of 2019. “The fact that Snap was able to maintain its daily active user base quarter over quarter is a positive sign,” Debra Aho Williamson, an analyst with eMarketer, said in an email. “When Snap finally rolls out its updated Android app, it could move the company back into growth territory.”First published Feb. 5, 1:23 p.m. PTUpdate, 2 p.m.: Adds quote from analyst. 3:17 p.m.: Adds remarks from conference call. CES 2019: See all of CNET’s coverage of the year’s biggest tech show.Everything about Fortnite: What you need to know about the hit game. 0 Internet Services Tech Industry Post a comment Share your voicelast_img read more

Jet Airways founder Naresh Goyal agrees to step down as chairman

first_imgNaresh Goyal of Jet AirwaysReutersIn a major development, Jet Airways founder Naresh Goyal has agreed to step down as the chairman of the beleaguered airline. After months of deliberation, the exit of Naresh Goyal would allow the board to go ahead with the debt restructuring plan of the cash-strapped airline.According to Reuters, Goyal’s decision to step down as chairman comes a day after an urgent meeting of lenders with Goyal and Etihad Airways Chief Executive Officer Tony Douglas. The parties discussed various issues between two promoters as well as lenders and Etihad.As per the plan, a part of debt would be converted to long term equity-like instruments. Moreover, rescheduling of loans is also on cards which would help the debt-laden airline to repay its past loans.The plan also includes an allotment of 11.4 crore shares to the lenders which would eventually make them the largest shareholder. During the meeting, Goyal, who holds 51 per cent stake in the airline, proposed to step down to save one of India’s biggest private airlines. A Jet Airways passenger plane (Reuters)Reuters/Punit Paranjpe/FilesMeanwhile, Eithad, which owns a minority stake of 24 per cent in Jet Airways, continues to be reluctant on infusing funding of about Rs 7 billion to the airline. Since last few months, Jet Airways is burdened with a billion dollars in debt.The airline has defaulted on its loan repayments multiple times recently. As a result, it hasn’t paid its paid pilots, leasing firms and suppliers for months. The non-payment of debt has forced the lessors to ground more than a dozen of its planes this month. In fact in a filing to the exchanges earlier today, Jet informed that six additional aircraft has been grounded for the same reason.Bloomberg has reported the representatives from Jet Airways and Etihad was told by the lenders that they would need to inject equity to maintain their shareholding and stabilize its operations. But minority stakeholder, Etihad proposed stringent terms and conditions which were not acceptable to lenders; the discussion is yet to reach a conclusion.It is to be noted that the debt restructuring plan is still at a nascent stage and would need the consent of at least 66 per cent of the lenders before State Bank of India led consortium can do something substantial.last_img read more

Lets pimp the disco

first_imgTell us a bit about yourselves and how did you guys come together as a band?We’ve both been individual musicians for awhile now prior to this collaboration. Saba has been singing with a bunch of other bands as well as working as a professional sessions vocalist and playback singer, and Imaad is the frontman/ guitarist for The Pulp Society, as well as produces solo under the moniker Madboy. Imaad heard Saba’s voice at a late night jam with some friends and immediately knew he had to get her to sing on some of his productions. Also Read – ‘Playing Jojo was emotionally exhausting’And how did the name come about?It’s basically a combination of two solo projects. Madboy is Imaad’s project as a solo producer and Mink is Saba’s moniker as a producer and DJ. So we just thought combining the two would be simple and non-pretentious. Tell us about what drives you guys, what are your influences?Our personal influences are extremely varied and diverse but for this project we are focusing on a sound which is driven by old style Harlem swing and bringing that into context with production that’s rooted in disco and funk. It’s our own trademark sound and it’s hard to explain too much- it’s something that needs to be experienced. Also Read – Leslie doing new comedy special with NetflixTell us a bit about the songs you have planned for this chapter at Raasta?We haven’t been releasing too much of our material online, because we like each of our releases to be really special and when the EP is released, It’s going to be pretty hyped. But in spite of that, a lot of our tunes have been spreading by word of mouth and gigs that have travelled all over the place. Our songs – Pimp the Disco, Taste your kiss, Lemonade (which was our first single release and is on Soundcloud) Trouble, Soulboy etc and many more will all be on the set list. What’s next in the pipeline for you guys?We play Sunburn in Goa which is the last gig for the year for us coming at the end of our first year as ‘Madboy/Mink’ and it’s been a very busy year in terms of gigs. We’re just going to take stock, lock ourselves in the studio for a little while, and complete the final mixes for our EP which will be out most probably by the end of Feb or beginning of March – and will be followed by a comprehensive tour across the country.WHEN: 25 December, 9 pm onwardsWHERE: Raasta, Hauz Khas Villagelast_img read more

Why the TSA Now Wants You to Turn On Your Cell Phone

first_img After U.S. intelligence officials discovered earlier this year that al Qaeda was fashioning new bomb varieties, the Transportation Security Administration (TSA) announced today that some travelers flying to America from overseas will have to power up their phones prior to takeoff.“During the security examination, officers may ask that owners power up some devices, including cell phones,” the TSA said in a press release. “Powerless devices will not be permitted onboard the aircraft.”While travelers may be familiar with shuttering their phones prior to takeoff, this new measure aims to thwart bombs potentially concealed within electronic devices, reports ABC News.Related: British Airways Testing ‘Happiness Blanket’ to Make First-Class More ComfortableIt is unclear which airports overseas will be impacted by the new processes.Sources told ABC that officials are taking precautions against Syrian terrorist groups working alongside al Qaeda’s branch in Yemen. The fear is that terrorists might ultimately corroborate with “one of the thousands of Americans and other foreign fighters carrying U.S. and European passports” in order to carry out an attack, the outlet reports.“Aviation security includes a number of measures, both seen and unseen, informed by an evolving environment,” stated U.S. Secretary of Homeland Security, Jeh Johnson in an announcement preceding the enhanced security procedures.Related: Surprising Tricks: How to Sleep on a Plane 2 min read Listen Now July 7, 2014center_img Hear from Polar Explorers, ultra marathoners, authors, artists and a range of other unique personalities to better understand the traits that make excellence possible. How Success Happenslast_img read more

Say Hello to Musio a Ridiculously Cute AI Robot Thats Keen to

first_img 2 min read If you’ve ever wanted to hang out with an adorable robot and casually shoot the breeze with it — naturally, (mostly) with ease, kind of like you do with your real-life friends — Musio might be your man. Or woman. Or, well, thing. Recently launched on Indiegogo, Musio is an artificially intelligent personal assistant robot that its creators describe as a “kind, crazy and smart friend.” The small stationary bot chats back and forth with you, reminds you of important dates, expresses its “feelings” and gets smarter with every interaction.Related: People Prefer Robot Bosses, Study ShowsLike Apple’s Siri and Microsoft’s Cortana AI personal assistants, Musio also fields questions and fires back answers, lame jokes included. Only it’s a lot cuter and less snarky. The Android device, which looks to be a friendlier, more personable version of the Jibo personal robot, is produced by AKA. The Korean tech upstart, which developed Musio at its Santa Monica, Calif. R&D lab, specializes in using artificial intelligence and big data to improve English learners’ speaking skills, another cool thing Musio is programmed to do.When paired with its sidekick (at added cost), a smaller white plastic gizmo called Sophy, Musio controls nearby Bluetooth “smart” home devices, such as TVs, lights, thermostats and other connected objects. Related: These Tiny Robots Have Superhero Strength (VIDEO)Edutainment and smart device bennies aside, we’re taken by how adorable Musio looks. The molded plastic droid, marketed to adults and kids alike, features goofy pointed ears, long droopy arms, short, squat legs and dual mini screens — one for its animated digital eyes and one for its pixelated beating heart. Musio’s squeaky, high-pitched cartoonish voice is cute, too, but could get old fast.So far Musio has raised more than $17,000 toward its $50,000 crowdfunding goal, with 35 days to go. Pricing for the affable gadget starts at $99. To see Musio charm a pair of giggly kid testers, check out the video below:Related: This Robotic Butler Could Make Your Next Hotel Stay…Interesting Free Workshop | August 28: Get Better Engagement and Build Trust With Customers Now June 1, 2015center_img This hands-on workshop will give you the tools to authentically connect with an increasingly skeptical online audience. Enroll Now for Freelast_img read more

Roku has launched in France for the first time ma

first_imgRoku has launched in France for the first time, marking its first new European rollout since it started selling its devices in the UK and Ireland in 2012.Roku has started selling three streaming player models in the country – the Roku 2, Roku 3 and the Roku Streaming Stick.Customers will be able to use these to access some 1,500 streaming channels, including Netflix, Google Play, YouTube, Daily Motion and France 24.“Roku streaming players give consumers choice and control over what they watch on TV. With a Roku streaming player you can watch popular movies and TV shows, independent movies, cartoons, cooking shows and even yoga instruction videos. There really is something for everyone,” said Clive Hudson, vice president of Europe at Roku.Roku also said it is focused on making local content available for streaming in France, starting with channels from LA VOD videofutur, Deezer and ARTE, which are due to launch soon.Mathias Hautefort, CEO of movie and TV streaming service videofutur said: “Our aim is to make our service LA VOD videofutur available to all French consumers. In order to achieve that we have to be available on major streaming platforms, including Roku.“Roku is an open platform addressing the OTT market in France which is also one of our main targets.”Roku devices are available in France now via retail chain FNAC. The company is also live in the US and Canada, Mexico and the UK and Ireland.last_img read more

ShareTweet

first_imgShareTweet The Festival will bring much needed attention to injustices around the world – from the mass organ harvesting from prisoners of conscience in China (Hard to Believe), the flawed and often brutal prison system in Florida (The Mind of Mark DeFriest) to the Mexican city of Ciudad Juárez, where 438 young women were murdered in 2010 (Blood Rising). Closer to home, A Kind Of Sisterhood tells the story of female political prisoners in Armagh and Maghaberry jails during the Troubles, told in their own words. Directors Claire Hackett and Michele Devlin will join some of the women featured in the film in a post-screening discussion.Special events include the return of Tom McGrath from New York to his native Ireland to complete a 12-hour marathon to raise funds for the Foyle Hospice. A documentary about Tom’s life, Running Man McGrath, receives its World Premiere at the festival with a special screening in the historic Guildhall.Guildhall Press will launch local author Desmond Doherty’s much anticipated third Valberg novel, Deadlight, in Eighty/81, Ebrington. The Valberg series of books have recently been optioned by award-winning producer Andrew Eaton’s Revolution Films and will be adapted for the screen by writing duo Glenn Patterson and Colin Carberry (Good Vibrations). Hosted by BBC NI’s Marie-Louise Muir, Glenn, Colin and producer Mark McCauley will discuss the adaptation process.Seven of the documentaries competing for an Oscar® at the 2016 Academy Awards® will have a one-off screening at this month’s festival. They include; The Black Panthers: Vanguard of the Revolution, which follows the rise of the Black Panther movement; a film documenting the story of how one of the most charismatic and volatile movie stars of all time would lose almost everything in the pursuit of his dream, Steven McQueen: The Man & Le Mans and Welcome to Leith a feature documentary chronicling the attempted takeover of a small town in North Dakota by notorious white supremacist Craig Cobb. Bernie McLaughlin, Foyle Film Festival Director and Programmer and Caoimhin McClafferty, Brunswick Moviebowl Operations Manager, launch the 2015 Foyle Film Festival. Running from November 18 to 22, the programme features a number of exclusive film premieres, gala screenings, industry-focused events and special cinematic experiences in key venues across DerrySCREEN International rising star Kevin Guthrie, director of the box-office smash Filth, Jon S. Baird, documentary filmmaker Deborah Perkins and BAFTA-winning director Damien O’Donnell are among the special guests that will be in attendance at this year’s Foyle Film Festival.Running from November 18 to 22, the programme features a number of exclusive film premieres, gala screenings, industry-focused events and special cinematic experiences in key venues across Derry~Londonderry. ‘Vapid, vacuous and plastic’: Russell Brand labels ex-wife Katy Perry’s lifestyle the ‘very thing I detest’ in the explosive new documentary BRAND: A Second Coming – receiving its Northern Ireland Premiere at the Festival.Families will enjoy the Special Premiere of Disney Pixar’s latest animated film, The Good Dinosaur, in Brunswick Moviebowl, and family classic Aladdin on the big screen. Also, in Brunswick Moviebowl, as part of the BFI and Film Hub NI blockbuster season The Good, The Bad and The Toxic, love and romance on the silver screen is celebrated with screenings of The Last Picture Show and My Beautiful Laundrette.The Closing Night Gala on November 22, Grandma stars Lily Tomlin as a sharp-tongued, taboo-breaking granny who comes out fighting for her pregnant teenage granddaughter (Julia Garner) in this constantly suspiring comedy-drama from About A Boy director Paul Weitz.Bernie McLaughlin, Foyle Film Festival Director and Programmer, said: “Each year the Festival brings together a rich and diverse selection of films that aims to entertain audiences of all ages. We have no fewer than 13 films and documentaries that will have their Irish or European Premiere at the Festival. This is a great opportunity for film-goers to try a genre they wouldn’t normally watch – they might be surprised at what they’ll discover.”The festival’s Light in Motion (LIM) awards, sponsored by City of Derry Crystal, will be celebrated with a free‘From Shorts to Features’ conference on Friday 20 November at the Nerve Centre. Directors Jon S. Baird and Damien O’Donnell will be among the film industry luminaries taking part in the event, which is designed to give filmmakers the knowledge and skills required to make the transition from short film production to making their first feature film.The Foyle Film Festival is the only Oscar® affiliated festival in Northern Ireland and, in addition to the conference, will offer an exciting programme of in-competition documentaries, short films and animations from across the world. The 2015 winners will be announced on the Closing Night at Brunswick Moviebowl.Once again the festival welcomes the support of Brunswick Moviebowl. Caoimhin McClafferty, Operations Manager, said: “It is an absolute privilege and a pleasure to be hosting the prestigious Foyle Film Festival at Brunswick Moviebowl again this year. Everyone here at Brunswick Moviebowl is so excited to be part of such a wonderful cinematic event for the entire city and would like to wish Bernie and her team every success with this year’s festival.”Foyle Film Festival is a flagship project of the Nerve Centre, funded by DCAL through Northern Ireland Screen and by Derry City and Strabane District Council.Mayor of Derry City and Strabane District Council, Cllr Elisha McCallion says the Foyle Film Festival is a huge success story for the city and region, showcasing a diverse range of films and documentaries with contemporary and foreign language films as well as workshops and events to suit every audience.She said: “The Festival continues to be a huge success showcasing creative talent and encouraging audiences to enjoy high quality films and be part of a festival that has so much to offer in terms of competitions, special screenings, and animation. This year’s programme is phenomenal with something for everyone to enjoy. I look forward to being part of yet another hugely successful festival for the city and district.”For programme and booking information visit www.foylefilmfestival.org or call the festival box office on 028 7126 0562. FOYLE FILM FESTIVEAL LAUNCHES 2015 PROGRAMMEKEVIN GUTHRIE FOYLE FILM FESTIVEAL LAUNCHES 2015 PROGRAMME was last modified: November 5th, 2015 by John2John2 Tags: The festival, a flagship project of the Nerve Centre, will open on November 18 with a gala screening of Terence Davies’ Sunset Song, an adaptation of Lewis Grassic Gibbon’s novel about a farming family torn apart by tragedy on the eve of WW1. Actor Kevin Guthrie, who has recently starred alongside Ray Winstone and Emma Thompson in The Legend of Barney Thomson, will attend the Northern Ireland Premiere in Brunswick Moviebowl.last_img read more

Im just sitting here waiting for everything to ei

first_imgI’m just sitting here waiting for everything to either melt down or blow up…and it’s my opinion that a lot of other people are doing the same.Well, it wasn’t a very exciting day in the gold market on Wednesday, as the price basically flat-lined from the open in the Far East until 8:30 a.m. in New York. Then the gold price jumped thirteen dollars or so…and then more or less traded flat until noon Eastern time.Then gold got sold down, giving up all but two dollars of its earlier gain. It recovered a bit from there…and then traded sideways once the Comex closed at 1:30 p.m. Eastern time. Gold’s high tick of the New York trading session was $1,626.10 spot…and that came at 9:30 a.m. Eastern.Gold closed at $1,617.60 spot…up $7.80 on the day. Net volume…around 122,000 contracts…was more than decent, considering how quiet the day was up until the London open, as there were obviously no high-frequency traders lurking about in the Far East trading session on Wednesday.The silver price traded in a tight range on Wednesday and, once again, its many attempts to break through the $29 spot level all ended the same way…in failure. The New York high tick came shortly after 9:00 a.m. at $29.26 spot.Silver closed the New York electronic trading session at $28.86 spot…down 11 cents on the day. Net volume was around 26,000 contracts.The dollar index opened around the 82.40 mark…climbed to its 82.55 high of the day around lunch time in Hong Kong…and then it was pretty much down hill from there, except for a minor rally during the first half of the London trading session.The low of the day…81.94…came at 11:30 a.m. Eastern time…and from there it recovered a bit into the close, finishing the day around 82.13…down about 25 basis points from Tuesday. And I was quite surprised that the gold price didn’t respond when the dollar index fell 40 basis points in the two-hour period between 9:30 and 11:30 a.m. Eastern time.The gold stocks spent almost the entire day in the black…and the HUI was up a bit over a percent a few times during the trading day…but couldn’t hold those gains going into the close. The HUI finished up only 0.20%…which is better than the alternative.The silver stocks, which had done reasonably well earlier in Wednesday’s trading session, faded into the close as well…and Nick Laird’s Silver Sentiment Index finished down 0.59%. Most of that loss came as a result of the 3.00 percent drop in Compania Minas Buenaventura on no news that I could see.(Click on image to enlarge)The CME’s Daily Delivery Report showed that 216 gold and 2 silver contracts were posted for delivery on Friday. Citigroup was the big short/issuer with 211 contracts…and the biggest long/stoppers with 114 contracts was JPMorgan in its client account…and the Bank of Nova Scotia with 90 contracts.There were no reported changes in either GLD or SLV.I note that the new short positions in GLD and SLV have been posted over at the shortsqueeze.com Internet site. It shows that SLV’s short position declined by 1.28%…and also shows that 14.01 million shares that are not backed by physical metal.The short position in GLD actually rose 7.82%…and indicates that 18.69 million GLD shares are not backed by the metal itself.To set things right, about 58 tonnes of gold, along with about 436 tonnes of silver would have to be deposited.The U.S. Mint had a sales report yesterday. They sold 2,500 ounces of gold eagles…1,500 one-ounce 24K gold buffaloes…and another 200,000 silver eagles. Month-to-date the mint has sold 18,500 ounces of gold eagles…3,500 one-ounce 24K gold buffaloes…and 1,121,500 silver eagles.It was a pretty quiet day at the Comex-approved depositories on Tuesday…at least it was in silver. They reported receiving 303,953 troy ounces…and shipped out a smallish 20,778 ounces of the stuff. The link to what little action there was, is here.Here’s the 30-Year Seasonal Silver chart courtesy of German gold analyst Dimitri Speck…who updated it just for us yesterday. You’ll note that the seasonal low for silver comes, on average, in the last few days of June. Let’s see if that turns out to be the case this time.I have the usual number of stories and, as always, the final edit is up to you.The are no markets anymore…only interventions. – Chris Powell, GATABoth gold and silver were kept on a short leash yesterday. Gold was only allowed a small gain…and silver’s continuing attempt to break the $29 price ‘barrier’ ran into the usual sellers.Gold closed just above its 50-day moving average, but any significant rally attempts were stopped cold. Even the 40 basis point drop in the dollar index during a two-hour time period in mid-morning in New York was not allowed to register…and was probably one of the reasons why volume was as high as it was despite the lack of price activity to justify it, as JPMorgan et al were most likely aggressively going short against all comers.Ted Butler’s mid-week commentary yesterday was an eye-opener…and I’m hoping that he’ll post it in the public domain at his earliest possible convenience, as it appeared to be written with just such an event in mind.Not much happened in the Far East during their morning trading session, but around 1:00 p.m. Hong Kong time, both silver and gold had tiny rallies…and both got sold down going into the London open. Volume in both metals is light once again..and very similar to the volumes I spoke of this time yesterday, so I wouldn’t read a whole heck of a lot into the price activity associated with it. The dollar index isn’t do much of anything, either.As I hit the ‘send’ button at 5:10 a.m. Eastern time, both gold and silver are basically unchanged from Wednesday’s close…and silver’s continued attempts to break above the $29 spot price mark are all being met with determined selling.There’s not much else to say in this column. I’m just sitting here waiting for everything to either melt down or blow up…and it’s my opinion that a lot of other people are doing the same. It’s only the time line…and the dénouement that are unknown.Nigel Farage was right. You couldn’t make this stuff up.See you on Friday. Sponsor Advertisement North American Nickel’s latest news from our 100% owned Post Creek property in the Sudbury mining camp is what geologists always hope for….a large, clearly defined, un-tested target close to surface in a known camp with excellent infrastructure advantages for mining. Drilling is scheduled to begin in September. In this case it’s an EM anomaly 200 m long, that has been interpreted as the electromagnetic signature of ‘near-massive to massive sulphide.’ It’s located approximately 55 m below surface and the trend of the anomaly corresponds, in part, to both the CJ#1 dyke and the Whistle Offset Structure to the south. Please visit our website to read the full news release and learn more about North American Nickel.last_img read more

In This Issue   ADP jobs report disappoints

first_imgIn This Issue. * ADP jobs report disappoints. * What will the BLS do today? * U.S. 10-year Treasury hits 2.97%… * China moves into TOP 10! And, Now, Today’s Pfennig For Your Thoughts! A Jobs Jamboree Friday! Good day. And a Happy Friday to one and all! For those of you who read the Pfennig at the Pfennig Blog site you get to be greeted each Friday with my mug shot. For those that don’t go to the blog site to read it, just image an Adonis looking young man.. HAHAHAHAHAHAHA! Yeah, right, that’s the ticket! I’ve just cracked myself up and I’m having difficulty calming back down! Well, today is a Jobs Jamboree Friday. The last Jobs report before the Fed meets in less than two weeks. So, needless to say, but I will anyway, this Jobs report is HUGE according to the markets. Personally, I look at the Jobs Jamboree as a useless piece of. you know what. The only real stuff in the report is the Avg. Hourly Earnings and Avg Weekly Hours data. I told you yesterday that the ADP report makes more sense to me, and eventually, the markets will hold my point of view too, for they too will have grown tired of being lied to by the BLS. Speaking of the ADP report. It printed yesterday, and was not as strong as the forecasters had pegged it, coming in at +176,000 jobs created in August, VS the consensus of 184,000. So, the report was disappointing for August, but that’s not all. June and July’s numbers were revised downward. Not by huge amounts, but psychologically 198,000 just doesn’t have the same bell ringing sound as 200,000. So, what does the ADP Jobs report tell us? Well, it tells me, and hopefully you see it as well, that job creation continues to go along at a much slower pace than any before during an economic recovery. But what will the BLS say job creation was in August? The consensus going into the report this morning is for 180,000 jobs to have been created in August. That’s pretty much in line with the ADP report figure of 176,000.. The Unemployment Rate should remain steady Eddie at 7.4%.. What will the markets think of this report and the numbers? I wish I could tell you. But it will take some knucklehead with an ounce of brains to make some comment that the markets pick up on and the next thing you know, it’s the trading idea of the day. For my two cents, I would think that the BLS will not settle for 180,000, and goose the number upward toward 190,000, which on the face value will tickle the markets to thinking this is a good report. And then they’ll be torn between two lovers. feeling like a fool, Loving both of you is breaking all of the rules. You see, the markets will get all lathered up thinking about a strong jobs number, but then realize that the strong jobs number gives the Fed Heads another arrow in their Quantitative Easing tapering quiver. Now, they want to go one way, but realize what’s ahead. Being torn between two lovers for the markets is tough.. Couldn’t really blame you if you turned and walked away. But with everything I feel inside, I’m asking you to stay. Silly song! Well, the G-20 meeting in St. Petersburg, Russia, began yesterday, and so far not much has come from the meeting. In Australia, the folks there go to the polls tomorrow, and from all that I read, and hear, it sounds like a new Gov’t is very likely, with the only question being the size of the new majority. I would think that unless there’s a spanner thrown in the works, that this would all be Aussie dollar (A$) positive. The euro is struggling to hold on to the 1.31 handle this morning, losing almost a full cent yesterday when it looked like the single unit was going to hold 1.32 easily. But NOOOOOOO! There’s a story on the Bloomberg this morning that talks about how the euro is gaining favor as investors’ perceptions of turmoil in financial markets rises. Hedge Funds and other large speculators are the most bullish on the euro since 2011 and for the first time since November 2008, the 90-day correlation between changes in the euro and a Citigroup Inc. index of bond and swaps risk has turned positive. These things are all positive for the euro. And it plays well with my telling you over and over again that this dance is gonna be a drag. No wait! That’s not what I’m trying to say! I’m trying to say that I’ve said over and over again, how the euro might be beaten and beleaguered right now, but it’s still around 1.30 VS the dollar. What does that tell you what the markets think of the dollar? In addition, another thing I keep telling you is that at least the Eurozone is attempting to do something about their parade down deficit street, that took place for about 10 years. The Eurozone leaders might find out that what they’re attempting won’t work, and then go back to the drawing board, but at LEAST THEY’RE TRYING TO DEAL WITH THEIR DEBT! The currencies are drifting this morning, as no one wants to make a decisive call either way on the Jobs Jamboree. There was no chest pounding by European Central Bank (ECB) President, Draghi, yesterday, and kept things grounded by saying that, “the risks for the euro-area growth remain on the downside.” These words are what got the euro on the slippery slope yesterday. Draghi proving once again that you’re damned if you do, and damned if you don’t.. I always like to find stories about Singapore.. They are as not as common to find like stories on the U.S. or Eurozone, or even Japan. I was writing my commentary that goes with every currency for our website research pages, and the legal people questioned where I had gotten the claim that I made that Singapore has announced plans to double the capacity of their airport, build a new waterfront, and other things that will all be good for the economy. They thought I made that up! It took me 20 seconds to find the story on the internet. See what I have to go through to inform people of things? Well. in case you’re reading today my legal beagle friends in Jacksonville, this was in the Bloomberg today Sept 6, 2013. “Singapore Overtakes Japan As Asia’s To Foreign Exchange Hub”. So, now you know why China thinks so highly of Singapore that they announced that Singapore would be the next offshore depository for their currency. (Hong Kong, of course was 1st). Speaking of China. I was interviewed by a Wall Street Journal (WSJ) reporter yesterday about China, and the story that came out yesterday about how the Chinese renminbi / yuan had entered the TOP 10 most-actively traded currencies. The interviewer wasn’t much interested in what I had to say, about what we were seeing on our desk renminbi trading wise. But, it is what it is, right? I told her that we had actually been seeing more people sell their renminbi positions than buy trades. I said that renminbi held here in the U.S. can’t pay any interest, because the cost of holding it eats away the interest, and as long as interest rates here in the U.S. were near zero, holders of renminbi didn’t care if the currency paid no interest. But rates here in the U.S. are inching up. I also told her that for the core people that owned renminbi, did so as a diversification tool, and therefore would continue to hold it. But I guess all that wasn’t sexy enough. But, the real story is how the renminbi / yuan is now #9 in the TOP 10 most actively traded currencies. 10 years ago, when we first offered renminbi deposits, there weren’t but a handful of dealers that even would mess with renminbi. But I think that the trading of renminbi goes hand in hand with the Chinese Gov’t’s plans to gain a wider distribution of the currency. I’ve been at the forefront of talking about China’s plans for their currency, and it’s pretty cool to see this stuff all beginning to take place. The swap news I told you about yesterday that was the first volley by new Reserve Bank of India (RBI) Gov. Rajan, was really positive for the rupee, which has now rallied for 3 consecutive days. But don’t think for one minute that the rupee is out of the woods here folks. The Current Account Deficit is still too high (4.8% of GDP), inflation is too high, and it will take some real structural changes to really stabilize the rupee. But they will come, I do believe. Canada will also print a jobs report today for August. Canada has seen some real strong flip-flopping on job creation in recent months, but one would think that with the hiring of workers to help with the cleanup of the Alberta floods, that August would have been a strong month of job creation. That should be Canadian dollar / loonie positive today. Gold got whacked again yesterday, with another $25 coming off its value at one point in the day. What? The price manipulators must be back from vacation. There were gone for August, and the shiny metal recovered nicely. Of course the U.S. Treasury yield hitting 2.97% isn’t helping Gold any. But again, who would buy a Treasury at the current yield when it appears that yields will continue to rise, thus putting your purchase at a loss? I don’t get it. never will.. Before I head to the Big Finish. I saw a comment by Jay Leno that just cracked me up, and plays well with my harping about printing dollars (yes, I know we don’t really print much any longer it’s all keystrokes on a computer, but that doesn’t play well with this joke. ) About $30 Million in $100 bills had to be destroyed because of a printing problem. Isn’t that unbelievable? The thing we know how to do right in this country is print money, and we screw that up? – Jay Leno. For What It’s Worth. I found this on moneynews.com and is a head scratcher, given the job creation that has been reported the past couple of months. But it is what it is. so here you go. “The number of planned layoffs at U.S. firms surged in August to their highest in half a year, with industrial goods manufacturers the hardest hit, a report on Thursday showed. Employers announced 50,462 layoffs last month, up 33.8 percent from 37,701 in July, according to the report from consultants Challenger, Gray & Christmas, Inc. The August job cuts were up 57 percent from the same time a year ago. For 2013 so far, employers have announced 347,095 job losses, close to the 352,185 that were seen in the first eight months of last year.” Chuck again. OK, so where does the BLS record all this? Or do they even care? It’s probably the latter, folks. sad but true.. To recap. The currencies are drifting this morning, as no one wants to make a decisive move ahead of the Jobs Jamboree that will print today. The ADP jobs report was a bit disappointing along with its last two months worth of downward revisions. The markets are torn between two lovers. China moves into TOP 10 of most actively traded currencies! Currencies today 9/6/13. American Style: A$ .9170, kiwi .7950, C$ .9575, euro 1.3120, sterling 1.5590, Swiss $1.06, . European Style: rand 10.1735, krone 6.1025, SEK 6.6550, forint 229.30, zloty 3.2745, koruna 19.6310, RUB 33.42, yen 99.70, sing 1.2785, HKD 7.7555, INR 65.23, China 6.1728, pesos 13.33, BRL 2.3235, Dollar Index 82.53, Oil $108.65, 10-year 2.97%, Silver $23.26, Platinum $1,483.30, Palladium $691.43, and Gold. $1,370.84. and it’s Friday, so here’s the link for you to take a peek at the U.S. Debt Clock, click here. That’s it for today. Cardinals come limping home from a disastrous road trip. There’s still time left in the season, if they can find their lost mojo at home. A GREAT BIG CONGRATULATIONS to my son, Alex, who was not only named to the Academic All-American Water Polo Team, but he was named an OUTSTANDING Academic All-American recipient! WOW! Quite an honor! I always knew he was smart, much smarter than me, but this kind of puts it in focus for me. I guess all that staying up late at night and studying is paying off for him! Now, if he can get a college to pay for most of his college education, that would be great! The NFL season got off to an exciting start last night with Peyton Manning throwing 7 touchdown passes in the game! WOW! I wish I had picked him as my quarterback for my fantasy football team now! HA! Well, it’s a Fantastico Friday, and not a day too soon, given all the bull dookie I’ve had to deal with this week. So, let’s go out and have some fun this weekend, and start it off with a Fantastico Friday! Chuck Butler President EverBank World Markets 1-800-926-4922 1-314-647-3837last_img read more

It sounds like the ultimate white savior movieOsc

first_imgIt sounds like the ultimate white savior movie.Oscar-winning actress Brie Larson plays a young scientist who has created a new fast-growing super-rice. She comes to India to convince villagers to switch to this grain. There’s Bollywood-style singing, dancing — and in one scene she even rides a white horse!Called Basmati Blues, the Hollywood film was made in 2013, before Larson was a star. But it’s just now coming out. When the trailer was released in November, with scenes of Larson dressed in elaborate Indian costumes and recoiling from spicy food, Indians around the world took offense, calling out its stereotypes and cliches.The movie is finally being released in the U.S. on Friday, playing in select cinemas and available via video on demand. Critics have not been kind. The L.A. Times called it “a big miss,” while the Village Voice wondered how it “this thing got financed and finished.”In the film, Larson’s character, Dr. Linda Watt, is sent to the southern state of Kerala in India. Gurgon, her greedy corporate boss, played the actor Donald Sutherland, wants her to convince local farmers to switch to the new rice: “India: 500 million farmers, 1.1 billion rice eaters, all of them … potential customers,” Gurgon declares with glee.The problem is that the rice she’s recommending could financially destroy the very people she means to help. The rice is sterile. If farmers grew it, they’d need to spend a lot of money to buy new seeds every year.Along the way, she falls in love with a farmer, who actually trained as a scientist but had to drop out of university. Rajit, as he’s called, is played by American-born actor Utkarsh Ambudkar, who’s appeared in the movies Pitch Perfect and on TV shows like The Mindy Project.The controversy around the film started in November, after the international trailer was released. That’s where the white horse made its appearance, which Linda rides while trying to halt a train loaded with the super-rice.”It plays to stereotypes of an exotic but backward people just waiting for a white person to swoop in and save them,” says Bengaluru-based cartoonist, Manoj Vijayan, in an interview with NPR.That sentiment was shared by people across Twitter.Following the backlash, director Dan Baron and his wife, Monique Caulfield, who produced the film, issued an apology and withdrew the trailer. In a statement to the blog Refinery29 in November, they said: “We deeply regret any offense caused by the Basmati Blues trailer. We have heard a number of voices that have understandably reacted to a trailer that is not representative of the film as a whole.”In January, a new trailer was introduced to the Basmati Blues website, with the white horse scene deleted.The criticism on Twitter however, raged on.The film’s white savior message isn’t the only issue that rankles. “The script seems to have gone overboard with its lazy cliches, the lame jokes and the stereotyping,” says Vijayan. “It’s a sadly missed opportunity to tell a story with some nuance and ends up pandering to tired old preconceptions.”In the scene where Larson first meets Rajit, he greets her while hanging upside down from the roof of a train while she’s seated at the window, as though hanging like possums on trains was perfectly normal in India.In an interview with NPR, Jaya Padmanabhan, an immigration columnist for The San Francisco Examiner, shared some advice for the filmmakers: “Someone should tell Baron and Jeff Dorchen [who wrote the screenplay] to visit India without a camera obstructing their worldview.”Kamala Thiagarajan is a freelance journalist based in Madurai, South India. Her work has appeared in The International New York Times, BBC Travel and Forbes India. You can follow her @kamal_t Copyright 2018 NPR. To see more, visit http://www.npr.org/.last_img read more

SAINTS face a welldrilled and dogged team in Wake

first_imgSAINTS face a well-drilled and dogged team in Wakefield when the two sides lock horns this Friday.Despite Trinity failing to pick up a point from their opening two fixtures, Keiron Cunningham has been impressed with how they have gone about their business.“Wakefield are a good side and have recruited well,” he said. “They have produced pluggy, determined performances and were unlucky against Hull and Huddersfield.“Chris Chester is good coach they have a good half back in Sam Williams (pictured). Their middles keep coming back at you too.“But this Friday is all about us. We were disappointed with the way we started against Leigh. We always knew we could come back and get plenty of chances but that start have let us down. We had lots of opportunities and the officiating didn’t help that.“Mark Percival scored as did Luke Douglas. Ryan Morgan scored too but it was chalked off for obstruction which was ridiculous. That said, the response to that adversity wasn’t great and it is something we need to work on.”He continued: “We worked hard on our defensive structures in the off season so for them to come through us was a sign of weakness for me. We were exposed a little bit for some mental weakness and our starting front rowers weren’t great.“They weren’t as good as they were against Leeds and that tells you it is a mindset thing. It isn’t good enough for the standard of the club and we will address that this week.“In the second half we had opportunities to win three games so we are back to write a few wrongs on Friday.”Saints will be without Luke Douglas for the next few weeks as he requires surgery on a finger injury.“He has a compound fracture of his finger but it won’t be a long term thing,” he said. “He needs surgery so we will wait and see after that. We also have a few bumps and bruises too and Jonny Lomax was struggling with his knee so we will have to get that assessed. We have damaged egos more than anything.”Tickets for Friday’s game are on sale from the Totally Wicked Stadium, online, or by calling 01744 455 052.last_img read more

Amazons Whole Foods Deal Will Remake Strip Malls

first_imgAmazon Add to Queue What happens to small businesses if grocery stores shut down? Free Webinar | Sept 5: Tips and Tools for Making Progress Toward Important Goals –shares The implications of Amazon’s $13.7-billion Whole Foods Market purchase will go significantly beyond the world of grocery stores, potentially reshaping retail districts in downtowns and suburban shopping areas across America.Not long ago, the typical American strip mall had a video store, music store and a supermarket. However, Napster and iTunes slayed the neighborhood music store, Blockbuster’s 9,000 video stores were killed by Netflix, and now the local grocery store will get a makeover. It’s a change that will reimagine how we shop and create commercial real estate investment opportunities.Amazon’s purchase of Whole Foods dramatically changes the $674-billion U.S. grocery market. On the day the deal was announced, competitors across the board — from Walmart and Costco to Kroger and Sprouts Farmers Market — lost a combined $22 billion of market value. That loss came because investors expect Amazon to utterly transform the grocery business.Related: The Winners and Losers in Amazon’s Whole Foods DealWhat’s so scary about Amazon? It makes every business it competes with efficient, squeezing waste out of the supply chain and compressing margins for the entire industry. Now, Whole Foods’ 450 stores in 42 states will form the start of a nationwide distribution center for groceries that will build upon the Amazon Fresh grocery delivery unit, founded in 2007.All Whole Foods’ stores won’t close, but they will change. Yes, customers will always want a neighborhood store for the touch, smell and feel of certain things — to pick up steaks for a dinner party, for fresh pastries and crisp lettuce. However, Amazon won’t stock high-priced downtown real estate with excessive amounts of paper towels and floor cleaning products, or even dry goods such as pasta or canned beans. The mass of these items will instead be stored and distributed from regional warehouse facilities, perhaps automatically shipped directly to customers using predictive models. As a result, the average size of a typical Whole Foods store most likely will shrink, as will the average grocery store across America.Some supermarkets will stay the same, for people who don’t like shopping online or prefer a trip to the store. Most competitors, however, will adapt to the Amazon model, shrinking their footprint and bolstering online capabilities to become more efficient and automated. Large grocers must now change their business model or go the way of the dinosaur.Related: 8 Interesting Tidbits From Whole Foods’ Town Hall Following the Amazon AcquisitionThis will create significant disruption in commercial real estate as countless supermarkets go out of business, others remodel to occupy a smaller footprint, and some move to new premises. We saw similar disruption after the 2008 financial crisis when thousands of car dealers across America went bankrupt as credit dried up and countless supermarkets closed as property prices crashed. A repeat of that dynamic in the grocery sector will be a significant opportunity for investors in distressed assets. At Northstar Commercial Partners, for example, after the crisis we bought five vacated Albertsons stores in Colorado for less than 10 percent of their replacement value. Each of these were repositioned into alternative uses at attractive prices.Investing in such properties, when they become available, requires a creative approach to what could work in the space, whether it’s a single business or remodeling the space to create a series of smaller units. In the case of those Albertsons stores, for example, one is now occupied by an antique dealer, another by a college that wanted a neighborhood presence.In the coming years, spaces now occupied by supermarkets will become children’s play centers, business incubators, leisure centers and even charter schools. Real estate developers and investors attuned to what will appeal to the local officials charged with revitalizing retail districts will find powerful investment opportunities. The properties vacated by the coming grocery transformation will be sold by real estate investment trusts that are overexposed to assets with declining cash flows, companies selling property to invest in operations, as well as by banks that will foreclose on unprofitable businesses.Related: With Whole Foods Purchase, Amazon Just Bought a Playground for Big DataGrocery stores that shut down will dry up foot traffic that helped nearby nail salons to coffee shops stay profitable, further adding to the real estate disruption. The good news is that as countless big box grocery stores close, we should see a rise in the prevalence of specialty stores such as Tony’s Meats & Market in Denver, Wegmans on the East Coast, and Trader Joe’s nationwide. Chains like these (and other newcomers) will expand and can help anchor and revive many developments.For real estate investors, this evolution will create lots of opportunity as developers and town planners rethink the best use for retail square footage. Investors that buy distressed assets will find plenty of properties coming on the market at 50 percent of their replacement value all the way down to pennies on the dollar.Investors in REITs, funds and other investment vehicles should take a close look at the underlying assets in those portfolios. Some may be overexposed to big box grocery stores and those that have not insulated against this coming risk should be re-evaluated. Conversely, investment groups that have cash on hand and a strategy to take advantage of the coming wave of distressed assets may offer a better investment alternative. Register Now » Brian Watson Chairman and CEO at Northstar Commercial Partners 5 min read Attend this free webinar and learn how you can maximize efficiency while getting the most critical things done right. Opinions expressed by Entrepreneur contributors are their own. June 27, 2017 Guest Writer Next Article Image credit: NoDerog | Getty Images Amazon’s Whole Foods Deal Will Remake Strip Mallslast_img read more

Amateur Investors are Bullish About Cannabis That Has the Pros a Little

first_img –shares Peter Page Investing Retail stock investors are bullish — perhaps to a fault — about the prospects of publicly traded cannabis companies, according to a recent survey of 250 people who currently own marijuana related stocks.The survey, conducted in March by KCSA Strategic Communications, found that 90 percent of the investors reported their portfolios had appreciated, which might explain why 50 percent said they had sold non-cannabis stocks to buy cannabis stocks. “This is a fundamental shift taking place in society, right before our eyes, it’s exciting, it’s once in a lifetime, it’s lucrative and they want in on it,” said Lewis Goldberg, managing partner at KCSA and host of The Green Rush podcast.Related: Pay Attention to These 6 Cannabis Industry TrendsThe enthusiasm for cannabis has investors wisely spreading their money around — 52 percent said they own six or more cannabis stocks while 40 percent own 10 or more — but is also leading them to perhaps concentrate excessively on the sector, if not just one company in the sector. “Retail cannabis investors are significantly overweighting cannabis, which comprises more than a quarter of their overall portfolio, according to 40 percent of respondents,” KCSA noted in a report of the survey findings.Eighty percent of the investors surveyed said they plan to hold onto their cannabis investments for between one and ten years. “They understand the real value will be unlocked in years, not days or weeks,” Goldberg said.Related: How Risk Management Can Make Marijuana Businesses Bulletproof (or at Least Bullet Resistant)The survey found that individual investors show no concern that cannabis remains illegal under federal law. They believe the end of prohibition is inevitable and don’t believe the federal government will switch policy to crash the state-legal cannabis industry, which employs hundreds of thousands of people and has already attracted many billions in investments.“I think most Americans believe full federal legalization is a question of when, not if,” Goldberg said. “People are consuming (cannabis) and investing in it because they believe in it.’’Professional investors specializing in cannabis are less than thrilled by the enthusiasm of amateurs rushing to get in on what they think is the ground floor of the cannabis boom.Related: How the Green Rush Is Accelerating the Revolution In Smart Farming Technologies“Our biggest fear is people get sucked into the mania, they lose money and then think the industry is a joke when we know it’s real,” said Morgan Paxhia, who co-founded Poseidon Asset Management with his sister Emily Paxhia. “The general trend is this (industry) is very fast growing and there are very few other industries on the planet that have this sort of growth potential but it’s not a straight road. There are events that are impactful and you can’t just assume they will always keep going up.”Paxhia noted there are more than 300 publicly traded companies that can be broadly lumped into “cannabis.” They vary so much by sector — ancillary businesses like payment processors, manufacturers of needed equipment like grow lights, growers, medical marijuana and adult use, multi-state operators that might be retail dispensaries or vertically integrated companies, CBD and hemp, etc — and by the capabilities of their management team that stock selection is probably trickier in cannabis than in more established industries.Sean Stiefel, founder and managing partner of Navy Capital, warned that knowing a company is a “cannabis company” is not much to go on. The variables to consider are many. Publicly traded Canadian companies are “crazy” expensive, he said, while publicly traded US companies are more reasonably priced at around 20X EBITDA (“earnings before interest, taxes, depreciation and amortization,” a standard metric for evaluating company performance), though even the US stocks are relatively expensive because there are limited choices on US exchanges.Stiefel doesn’t think much of buy-and-hold as an investment strategy simply because the investor is hopeful they have bought shares in the cannabis equivalent of Apple or Google at the dawn of the tech boom. “I think holding anything for 10 years blindly is silly,” he said. “Have you owned anything for 10 years other than your house?” 4 min read Add to Queue Senior Editor for Green Entrepreneur The cannabis industry is certain to grow. That company you own shares in is not. Entrepreneur Staffcenter_img Image credit: 400tmax | Getty Images Download Our Free Android App May 6, 2019 Amateur Investors are Bullish About Cannabis. That Has the Pros a Little Worried. Free Green Entrepreneur App Keep up with the latest trends and news in the cannabis industry with our free articles and videos, plus subscribe to the digital edition of Green Entrepreneur magazine. Next Article last_img read more

Motherdaughter conflict associated with suicide risk in abused adolescent girls

first_img Source:http://www.rochester.edu/newscenter/suicide-risk-in-abused-teen-girls-correlates-directly-with-mother-daughter-relationship-344512/ Reviewed by James Ives, M.Psych. (Editor)Oct 19 2018Teenage girls who were maltreated as children are more likely to entertain suicidal thoughts if the relationship with their mother is poor and the degree of conflict between the two of them high.Researchers at the University of Rochester’s Mt. Hope Family Center found that the quality of the mother-daughter relationship and their level of conflict are two direct mechanisms underlying the association between child maltreatment and suicidal thoughts during adolescence.Their study, published in the journal Suicide and Life Threatening Behavior, included 164 socio-economically disadvantaged, depressed, adolescent girls (average age 14) and their mothers. Of the adolescents, 66.3 percent were African-American, 21.3 percent white, and 14 percent Latina.The team, led by Mt. Hope research assistant professor Elizabeth Handley, used structural equation modeling to test three distinct mediating pathways that linked earlier maltreatment in childhood to suicidal thoughts for adolescent girls: 1) mother-daughter relationship quality, 2) mother-daughter conflict, and 3) adolescent depressive symptoms.”Our findings suggest that disruptions to a positive mother-teen relationship are one reason why children who experienced abuse or neglect are at risk for suicide as teens,” says lead author Handley.According to Handley, the findings highlight how important relationship-based interventions are for vulnerable youths.The researchers assessed child maltreatment and mother-daughter relationship quality by looking at the teens’ responses to a series of questions. Mother-daughter conflict was measured by using their mothers’ answers to another questionnaire.”We know from decades of research that a warm, nurturing, and consistent relationship between mothers and their children is critical for many aspects of healthy development. This continues to be true even in adolescence, when teens spend more time with their friends and less time at home with family,” says Handley.Related StoriesGuidelines to help children develop healthy habits early in lifeNew research links “broken heart syndrome” to cancerSocial media use and television viewing linked to rise in adolescent depressive symptomsMaltreatment includes emotional, physical, and sexual abuse, and emotional and physical neglect. Among the study participants 51.8% of adolescents indicated a history of at least one form of maltreatment.As expected, the researchers found that rates of suicidal thoughts and recurrent thoughts of death were higher among teenage girls with a history of maltreatment than those without: 11.7 percent of non-maltreated, depressed adolescents indicated suicidal ideation, compared to 26.8 percent of maltreated, depressed adolescents.Child maltreatment is associated with poorer mother-daughter relationship quality and increased mother-daughter conflict, both of which are linked with higher levels of suicidal thoughts among teenagers.According to the Centers for Disease Control and Prevention (CDC), suicide is the second leading cause of death among adolescents aged 10 to 24 in the United States (accidental death is the leading cause). Adolescent girls in general are more likely than their male counterparts to have suicidal thoughts.Given the scientific evidence that the more severe and pervasive the suicidal thoughts, the greater the likelihood of suicide attempt, understanding the cause of suicidal thoughts is critical for effective youth suicide prevention and intervention design.According to the Rochester researchers, relationship-based interventions are a promising approach to depression treatment for maltreated youth, such as interpersonal psychotherapy for adolescents, which focuses on the interpersonal context of depression. Attachment-based family therapy has also proven useful in reducing suicidal thoughts among teenagers by strengthening the functioning of the family and the parent-adolescent attachment relationship.last_img read more

Erasing memories could reduce relapse rates among drug addicts

first_imgWhile we’ve always known that the brain forms these cue-associated memories, the specific circuits have never been clearly identified. We’ve found a central piece in the cue-memory puzzle, and we also show that taking out that piece in a substance use scenario can help reverse relapse-like behaviors.”Dr. Mary Torregrossa, Senior Author For the study, the team analysed cue-associated relapse in rats. Upon pressing a lever, the animals received an infusion of cocaine and were also exposed to audio-visual cues in the form of a tone and a light.As the process was repeated, the rats learned to associate the audio-visual cues with the cocaine reward and started to display drug-seeking behavior by continuing to press the lever.The team also simulated exposure therapy by repeatedly exposing the rats to the light or tone, but without providing the cocaine high, which eventually reduced the drug-seeking behavior.However, the exposure therapy failed to work as effectively once the rats were placed in a different setting.Electrical recordings of the rat brain tissue showed that connections between an area of the brain involved in sound perception called the medial geniculate nucleus and another region called the lateral amygdala were essential to the formation of memories that link the cocaine reward with external cues.First author Matthew Rich said this made sense, since the amygdala is where emotional memories are formed: “[The amygdala] receives sensory input and associates that input with what we feel when the cues are presented to us.”To demonstrate a causal relationship between the cue-linked memories and the drug-seeking behavior, the team used optogenetics to erase cocaine-cue memories in some of the rats, which resulted in them pressing the lever significantly fewer times on exposure to the audio-visual cues.This reduction in lever pressing persisted even when the rats were subjected to a different environment, suggesting that it was removal of the cue-associated memories that dampened the tendency to relapse in a new setting.Torregrossa hopes that the findings will help the team to develop drugs or therapies such as deep brain stimulation that will target the cue-associated memories and increase the effectiveness of exposure therapy aimed at preventing relapse. By Sally Robertson, B.Sc.Jan 22 2019Reviewed by Kate Anderton, B.Sc. (Editor)Erasing memories that link environmental cues to drug use could represent a potential new treatment for drug addiction, according to researchers at the University of Pittsburgh.Fer Gregory | ShutterstockExposure therapy, which aims to break associations between cues and memories, is a well-established approach to treating conditions such as PTSD and phobias. However, it is not particularly effective at treating addiction.Although some positive effects may be seen in a controlled environment, once a person is confronted with the outside environment, the brain responds to the cues by activating the same neurons involved in the original drug-seeking behavior.center_img Source:Erasing memories associated with cocaine use reduces drug seeking behavior.last_img read more

With an eye on past problems Facebook expands local feature

first_imgFacebook is cautiously expanding a feature that shows people local news and information, including missing-person alerts, road closures, crime reports and school announcements. A look at Facebook’s changes over the years in what you see Called “Today In,” the service shows people information from their towns and cities from such sources as news outlets, government entities and community groups. Facebook launched the service in January with six cities and expanded that to 25, then more. On Wednesday, “Today In” is expanding to 400 cities in the U.S.—and a few others in Australia.The move comes as Facebook tries to shake off its reputation as a hotbed for misinformation and elections-meddling and rather a place for communities and people to come together and stay informed.Here are some things to know about this effort, and why it matters:THE BIG PICTUREIt’s something users have asked for, the company says. Think of it as an evolution of a “trending” feature the company dropped earlier this year . That feature, which showed news articles that were popular among users, was rife with such problems as fake news and accusations of bias.Anthea Watson Strong, product manager for local news and community information, said her team learned from the problems with that feature.”We feel deeply the mistakes of our foremothers and forefathers,” she said.This time around, Facebook employees went to some of the cities they were launching in and met with users. They tried to predict problems by doing “pre-mortem” assessments, she said. That is, instead of a “post-mortem” where engineers dissect what went wrong after the fact, they tried to anticipate how people might misuse a feature—for financial gain, for example.Facebook isn’t saying how long it has been taking this “pre-mortem” approach, though the practice isn’t unique to the company. Nonetheless, it’s a significant step given that many of Facebook’s current problems stem from its failure to foresee how bad actors might co-opt the service.Facebook also hopes the feature’s slow rollout will prevent problems.HOW IT WORKSTo find out if “Today In” is available in your city or town, tap the “menu” icon with the three horizontal lines. Then scroll down until you see it. If you want, you can choose to see the local updates directly in your news feed.For now, the company is offering this only in small and mid-sized cities such as Conroe, Texas, Morgantown, West Virginia, and Santa Fe, New Mexico. Large cities such as New York or Los Angeles have added challenges, such as an abundance of news and information, and may need to be broken up into smaller neighborhoods.The posts in “Today In” are curated by artificial intelligence; there is no human involvement. The service aggregates posts from the Facebook pages for news organizations, government agencies and community groups like dog shelters. For this reason, a kid couldn’t declare a snow day, because “Today In” relies on the school’s official page. Discussion posts from local Facebook groups may also be included.For now, the information is tailored only by geography, but this might change. A person with no kids, for example, might not want to see updates from schools.SAFEGUARDS?Facebook uses software filters to weed out objectionable content, just as it does on people’s regular news feed. But the filters are turned up for “Today In.” If a good friend posts something a bit objectionable, you are still likely to see it because Facebook takes your friendship into account. But “Today In” posts aren’t coming from your friends, so Facebook is more likely to keep it out. Explore further © 2018 The Associated Press. All rights reserved. Citation: With an eye on past problems, Facebook expands local feature (2018, November 28) retrieved 17 July 2019 from https://phys.org/news/2018-11-eye-problems-facebook-local-feature.html This document is subject to copyright. Apart from any fair dealing for the purpose of private study or research, no part may be reproduced without the written permission. The content is provided for information purposes only.last_img read more

Vellappally threatens counter agitationagainst protests over Sabarimala verdict

first_img COMMENT October 09, 2018 Our Bureau Vellappally Natesan, the vocal chieftain of the Sree Narayana Dharma Paripalana (SNDP) Yogam, has thrown in his lot with Chief Minister Pinarayi Vijayan on the Sabarimala issue. The SNDP Yogam is also the ideological parent of the Bharat Dharma Jana Sena (BDJS), a member of the State unit of the National Democratic Alliance (NDA). ‘Campaign against govt’Natesan charged that the ongoing protests against the Supreme Court verdict — allowing women of all ages access to the Sabarimala shrine — is a veiled campaign to oust the CPI(M)-led government. He disapproved of the Nair Service Society (NSS) and the BJP’s campaign against the verdict. “Nobody is winning here,” Natesan said.Observers say that the rivalry between two leading communities in Kerala might come to the fore again after several attempts in the past to cobble up a united front.‘Exclusive mindset’He faulted the upper caste Hindus for not consulting other denominations, including the Ezhavas and other backward communities. “It is not that the Tantri family (traditional high priests at Sabarimala) alone represents the Hindu pantheon,” he said. The Chief Minister had invited the family for conciliatory talks.“Other Hindu denominations should also have been called,” Natesan said. The SNDP Yogam will soon call a meeting of office-bearers. Ezhava women of the restricted age will not enter Sabarimala; but those who wish to, may choose to go. Natesan’s reaction comes at a time when the BJP which is under pressure ahead of the 2019 Lok Sabha polls. The BDJS did not comment on latest developments. Meanwhile, MT Ramesh, General Secretary, BJP, Kerala, has said in Kochi that the party will not prevent those women from visiting the hill shrine. But said he was convinced that no firm believer of the restricted age would do that. SHARE Published on COMMENTS Vellapally Natesan – The Hindu religion and belief SHARE SHARE EMAILlast_img read more