DAY TWO NATIONAL 18’S SUMMARY

first_imgDay two of the National 18 Years Touch Football Championships was another of picture perfect conditions. Queensland Secondary Schools Touch (QSST) and NSW Combined High Schools (NSWCHS) continued their dominance in both the Mens and Womens competition, but there are certainly other teams setting themselves to challenge for a finals berth on Saturday. MENS: In the Mens division NSWCHS, Sydney Mets, QSST, Central Queensland and North Queensland are looking like they will all be fighting for the title, although an upset or two can never be discounted. The Sydney Mets are looking to challenge the school sides, with Youth World Cup 20’s member Jai Ayoub leading the way with seven touchdowns for the tournament. NSWCHS have also had a relatively easy run, scoring double figures in each of the first four matches; Alyd Owen is leading the side with nine touchdowns for the tournament. QSST have not been troubled except for a 5-5 draw against Central Queensland, who look like a side that may just cause an upset in the finals. The local Northern Eagles side has played well and may just scrape into the top eight finals with matches against South Australia and Victoria still to play. South Australia and Victoria have struggled throughout the tournament, beaten severely most matches, and will no doubt be anticipating their match against each other. NT broke through for their first win at the Championships beating the ACT 7-3. WOMENS: In the Womens division a QSST side stacked with Australian representative players looks difficult to beat, scoring a remarkable 43 touchdowns for the tournament in just the first four matches. Gemma Etheridge and Belinda Hammett have each scored six touchdowns after four rounds, but with all of the QSST side able to score and do so multiple times, it seems the QSST side are red hot favourites. South Queensland Border Districts (SQBD) will be one side looking to challenge their Queensland competition, undefeated in pool three so far. The ACT look like they will miss out on a position in the top eight finals, disappointing considering the improvement they have shown in the past two years. TouchWest (WA) appear to be taking up the challenge to the dominance of NSW and Queensland however, after challenging the top ranked NSWCHS side in a tough 6-4 encounter. If TouchWest can beat NSWCCC in their match tomorrow, they will be virtually guranteed a top eight final and the highest finish of any non-Queensland or NSW side. NSWCHS had another tough match against the NSWCCC side before finishing round four with an easy 15-0 win over SA. Ashleigh Dobbins and Jessie Shea are leading the NSWCHS side, with six touchdowns each for the tournament. The afternoon borught some of the tighest competition so far, NSWCIS and SunCoast playing out a 4-4 draw, while the Southern Suns and the Scorpions also recorded a 4-4 draw. SWQ held off NT 5-4, denying the NT their first win of the 2004 Championships. The final round matches will be played on Friday morning, followed by the qualifying finals Friday afternoon. Play-offs, semi finals and grand finals will be played on Saturday from 8:00am. The Womens grand final will begin at 3:00pm Saturday, followed by the Mens grand final at 4:00pm. Entry to the Coffs Harbour International Sports Stadium is free. For all individual statistics and team positions on the ladders please use the links to the Sporting Pulse results page. This is found on the ATA results story. By Rachel Moyle, media@austouch.com.aulast_img read more

Globe And Mail Cutting Weekday Arts Life Sports Sections

first_img Facebook Twitter Login/Register With: While no staff are expected to be lost as part of the restructuring, some may be reassigned, and consequences for freelancers, as well as the GTA’s Friday Real Estate section, are unclear.Neither editor-in-chief David Walmsley nor Gabe Gonda, the head of Features, Sports, and Opinion, have yet responded to requests for comment, but we’ll be happy to update if they do.Last week, The Globe announced that it would be cutting its Atlantic Canada edition, halting distribution of papers in the region at the end of November.With a report from Jesse Brown. Advertisement LEAVE A REPLY Cancel replyLog in to leave a comment The Globe and Mail plans to reduce the number of sections in its weekday print product starting in December. News and Report on Business would survive as standalone sections, with Life & Arts coverage folded into the former and Sports into the latter, as part of a larger redesign of the paper.Final details remain undecided, but several sources connected to the paper expressed concern that the changes would result in a net loss of arts coverage.While the impact on Monday-Thursday arts content would likely be minimal — given the limited space that it currently occupies — the loss of the standalone Film section published on Fridays in the Greater Toronto Area would be more difficult to offset elsewhere in the paper. Deadlines, however, would be later for “A” section content, allowing for more timely arts news and reviews. Advertisement Advertisementlast_img read more

Stress levels rising at Kashechewan along with flood water

first_imgtlamirande@aptn.ca@ToddLamirande Todd LamirandeAPTN NewsLeaders of a flood-prone First Nation implored Ottawa Tuesday to relocate the northern Ontario community.They say the stress and anxiety of being on the move every spring is hurting the people of Kashechewan.And has put some of their children in harm’s way.last_img

Senior Lighty sees similarities between Super Six Thad Five

When David Lighty stepped onto campus in 2006, he was part of a high-profile freshman class. Now, as a fifth-year senior, Lighty sees some similarities between his class and this year’s freshmen. “With the class they have coming in and the number they have coming in, it’s pretty much just like my freshman year,” Lighty said. “It’s happening all over again.” Deemed the “Super Six,” this year’s freshman class is drawing comparisons to the class of ‘06. That year, then-freshmen Greg Oden, Mike Conley Jr., Daequan Cook and Lighty helped the Buckeyes to a National Championship appearance. The hype that surrounded Oden and company is again in Columbus. Coach Thad Matta compared Oden, Conley Jr. and Cook to this freshman class, because many of them have played more than 200 games together throughout high school and Amateur Athletic Union basketball. That familiarity showed and will likely help this year’s class in the early going. This class also allows Matta to have more depth than last year’s six- or seven-man rotation. “One of the coaches said to me the other day, ‘It’s exciting that all 10 guys get along on the court,’” Matta said. “And that’s the exciting thing. I think we can have a deeper bench.” In the 2006-07 season, the Buckeyes went nine deep, which proved beneficial in both the Big Ten and NCAA tournaments. There are even more similarities when comparing the individual players of each class. Oden was Indiana’s Mr. Basketball, a McDonald’s All-American and won a state championship his senior year in high school. Freshman Deshaun Thomas earned the same honors playing at Bishop Luers in Fort Wayne, Ind. But Thomas isn’t the most hyped player in his class. That honor goes to fellow All-American Jared Sullinger. Regarded as one of the premiere freshman in the country, Sullinger is arguably the most high-profile freshmen in Columbus since Oden. Thomas might be more comparable to Cook in his ability to create instant offense. Lighty said Thomas is a great shooter and has the ability to take the ball into the post and score. Although it’s not clear if Thomas will work more at forward or guard for the Buckeyes, he has demonstrated his ability to light up the scoreboard. Point guard Aaron Craft was one of Sullinger’s AAU teammates, like Conley Jr. and Oden were. Matta said he likes what he’s seen from the freshman ball handler. “I don’t think we’ve ever had a freshman come to camp more ready to go physically than he was,” Matta said. “One of the things we’ve asked him to do was work on his ability to knock down shots, and he’s shown his ability to do that. We’ve always liked his defense.” With the classes showing many similarities, there are expectations to match. But that doesn’t seem to bother Lighty and his teammates. “I started off with a national championship” appearance, Lighty said. “So hopefully we can end that way.” read more

Sports information directors The people behind the scenes of Ohio State sports

Although they will never make a single play on the field or the court, sports information directors (SIDs) make the headlines for almost every game. A SID provides information to media and fans, which can include working on media guides, updating a team’s Twitter feed and updating live statistics during games, said SID and assistant director of athletics communications at OSU Brett Rybak. “You’re kind of the intermediary between the media and the team,” said Rybak. “We’ll set up interviews and release information to various media outlets after games.” Rybak, in his third year with OSU, worked in the sports information department while he was an undergraduate at Otterbein University. During his senior year at Otterbein, Rybak was a student intern in the OSU athletics communications. In 2012, Rybak worked as the SID for OSU women’s soccer, baseball, women’s gymnastics, rifle and pistol teams as well as helped with men’s basketball and football. For those who work in media, like former Lantern editor-in-chief Zack Meisel, a SID is the middle-man between student-athletes and the media. “It’s a unique role and a critical one in sports,” said Meisel, who currently works for MLB.com. “There’s always going to be that separation between players and reporters. The SIDs are the ones who will set everything up, make sure the media has what it needs and at the same time makes sure that the players have the privacy and security they need because you can’t just go directly to a player for something.” Meisel said OSU’s system, which has many directors covering multiple sports, works well. “If you’re going to be a reporter and cover Ohio State, it obviously helps to get to know the SIDs a little bit,” Meisel said. “When I started out, I introduced myself to as many as I could, just to avoid potential snags.” Another former Buckeye sportswriter said he had mostly positive experiences with SIDs, but journalists must be wary of the information they give. “You just have to be careful as a journalist not to fall into a trap of where you’re taking everything they feed you,” said Grant Freking, a sportswriter for the Greenfield Daily Reporter in Greenfield, Ind. “They’re not going to give you the story; they’re going to give you what you ask for. You can’t just rely on them or expect them to go above and beyond for you. You accept what they give you and have to ask for something else in return so you can get that extra layer.” Rybak said he tries to maintain a good working relationship with not only the media, but the teams as well. “I think it’s a professional relationship of mutual respect,” Rybak said of the coaches and athletes. “They know what I have to do and I know what they have to do. For them, the most important thing is playing the game and stuff like that. So you take that into account, but I have to get my job done as well.” Since the SIDs work closely with sports teams each season, the players and coaches form relationships with them and have their own opinions of the SIDs. “Well, (Rybak) means a lot to me,” said OSU baseball coach Greg Beals. “He helps coordinate all these (media-related) activities and stuff that goes on. I’m a baseball guy. I’d prefer to be out there on the field in uniform instead of in front of cameras. He helps coordinate that.” Beals said Rybak also collects information and statistics the team finds useful. “The other thing is that I’m a numbers guy,” Beals said. “So he makes sure we get the stats and I have all the information I need to crunch my special numbers and do some things for our players. I like to motivate them with different numbers than just batting average and that stuff.” Both journalists and coaches agreed that SIDs play important roles for their respective jobs during games. Rybak said it’s tough work, but that it can be rewarding. “Fifteen-hour days aren’t out of the question, that’s for sure,” Rybak said. “It’s definitely not easy, but it has its rewards as well. I’d be paying attention to sports anyways, so why not make a career out of it? I get to pay attention to sports every day. On top of that, you get to get stories out of the student-athletes. I’d say that’s the most rewarding part of it.” read more

Championship culture the goal for Ohio State womens basketball

Sophomore guard Ameryst Alston (14) drives to the basket during a game against Iowa Jan. 19 at the Schottenstein Center. OSU lost, 81-74.Credit: Ryan Robey / For The LanternDespite having a new coaching staff and playing the hardest schedule in the country, the Ohio State women’s basketball team is three games above .500 on the year and has plenty to look forward to on the season.The Buckeyes (12-9, 2-3) are led in scoring by sophomore guard Ameryst Alston, who is averaging 17 points per game and was a two-time Associated Press Ms. Basketball in the state of Ohio while at Canton McKinley High School.OSU has also received key contributions this season from another sophomore guard, Cait Craft, who leads the team in 3-pointers.Craft, who is averaging 8.8 points a game so far this season, said the OSU program has a very bright future.“I do have a lot of confidence in the team, especially this year,” Craft said. “I have a lot confidence with the new coaching staff. Everyone is buying into their system which makes it a lot of fun.”OSU coach Kevin McGuff is not only trying to change the culture of the program, but his attempts to bring in the nation’s best players are not going unnoticed. OSU’s 2014 recruiting class is ranked No. 7 in the country, according to ESPN.Not only has McGuff signed a top-10 recruiting class, he has also brought in two transfers from power conference schools, Georgetown and Duke.Freshman guard Kianna Holland from Duke and freshman forward Shayla Cooper from Georgetown are set to join the team on the court after Fall Semester exams are finished.Even with everything building toward the future, McGuff said he is still focused on the current season.“I have not thought too much about next year,” McGuff said. “When I think about the future, it is just about creating a championship culture.”Creating that culture could be made easier by the return of Alston and Craft to the lineup — both lead the team in average minutes per game — as well as redshirt-junior guard Amy Scullion, who is set to return next year as a fifth-year senior.Scullion, who leads the team in 3-point shooting percentage, said expectations are high going forward.“I want us to make the (NCAA) tournament,” Scullion said about the current Buckeye team. “I think coach McGuff has done a great job of changing the culture of this program and he has made it a winning program.”The Buckeyes missed out on the NCAA tournament last season for the first time since the 2001-02 season, ultimately leading to the firing of former coach Jim Foster. OSU also finished tied for eighth in the Big Ten last season, tied for their worst finish in the conference since the 2000-01 season.The Buckeyes are looking to further the winning culture this Thursday, as they are set to travel to Ann Arbor to take on Michigan (13-5, 4-1) at 7 p.m. read more

Save the Date a Holocaust legend coming to Providenciales

first_imgFacebook Twitter Google+LinkedInPinterestWhatsAppProvidenciales, #Turks and Caicos Islands – February 27, 2018 – Organisers are admonishing residents, especially fans of the legendary novel ‘The Diary of Anne Frank’ to remember to save the date, Wednesday March 14, 2018 – that is when Eva Schloss will make an historic appearance and presentation.Schloss is one of the pivotal, real life characters from the acclaimed novel  which has been published in some 60 languages and she arrives in the Turks and Caicos in March for a series of events to share her captivating story.  The general public is invited to attend the free event at the Shore Club on March 14, 2018.  Doors Open at 6:30pm, the progam begins at 7pm.An Evening with Eva Schloss is courtesy of the Provo Jewish Community, with free admission.Schloss, who is a Holocaust survivor was the childhood friend and step-sister of Anne Frank and will share her own intriguing story of resilience. Facebook Twitter Google+LinkedInPinterestWhatsApp Related Items:#diaryofannefrank, #evaschloss, #provojewishcommunitylast_img read more

Huawei P30 Pro might have four rear cameras and launch in March

first_img Phones Apple Share your voice Aug 31 • iPhone XR vs. iPhone 8 Plus: Which iPhone should you buy? Sep 1 • iPhone 11, Apple Watch 5 and more: The final rumors See All Mentioned Above Huawei P30 (128GB, black) The Huawei P20 Pro is a low-light photography champ See it Tags 3 CNET may get a commission from retail offers. See how the Huawei P20 Pro’s cameras stacks up to the Galaxy S9 Plus, iPhone X and Pixel 2 2:16 Aug 31 • Your phone screen is gross. Here’s how to clean itcenter_img Now playing: Watch this: Huawei P30 Aug 31 • Best places to sell your used electronics in 2019 reading • Huawei P30 Pro might have four rear cameras and launch in March Could this really be the Huawei P30 Pro? If so what do all those cameras do? Spigen Last year, the Huawei P20 Pro and its triple rear cameras stole the show from other photo heavy hitters like the Google Pixel 2 and iPhone X. And while there are rumors that the 2019 iPhone and the upcoming Galaxy S10 Plus will have three rear cameras, it seems Huawei isn’t one to be outdone. A photo of a case for the unreleased Huawei P30 Pro shows the phone with four rear cameras. This could be a case of Huawei literally one-upping Samsung and Apple.As reported by Android Authority, phone case maker Spigen published photos of the Huawei P30 Pro sporting a clear plastic case. The case has a cutout for a camera bump with four rear cameras stacked vertically. Another photo on the site shows the front of the phone sporting a notched display. The notch looks like a half-circle with curved edges.Four rear cameras is terribly exciting but what could they all be used for? For that, we’ll have to wait for the Huawei P30 Pro to be released, which might not be that long. According to TechRadar, the Polish website Telix says that the Huawei P30 and P30 Pro will launch at the end of March at an event in Paris. This is obviously after Mobile World Congress which is at the end of February.Huawei did not immediately respond to a request to comment. $534 47 Photos News • Huawei P30 Pro in a gorgeous orange finish leaks Google Huawei Samsung Apple Review • Huawei P30 review: The P30 Pro’s fantastic photos for less Comments • How To • Huawei P30 phone announcement: How to watch, what to expectlast_img read more

A free trip to South Korea

first_img“Win the South Korea Quiz contest 2017 and get a chance to visit Korea for free,” stated Jong Sool Kwon, Director, Korea Tourism Organisation (India office). He further added, “In order to bring South Korea closer to the hearts of the youngsters in the tri-city, Korea Tourism Organization India has launched a Quiz Contest for Tri-city school students. The Quiz is open for school students from class 8th to 12th of Chandigarh, Mohali, Panchkula and surrounding areas”, he also affirmed that the winner will get a free trip to South Korea for six days while discounted trip would be given to the runner ups. Also Read – Add new books to your shelf The Quiz Contest will be organized by Athena Ventures with the support of Korea Tourism Organization. Participation Certificates have been promised to all participants. Athena Ventures has organized many similar programs for Korea, as well as for other countries.Naveen Sharma, chairman, Athena Ventures also said that a child can participate in the quiz through his/her school only up till July 24. He stated that more than 4,000 students are expected to take part in the quiz contest. All the material related to the quiz would be provided free of cost on the internet. The quiz will be concluded with its final level on August 13.last_img read more

Kuoni wins Best Travel Team of the Year and Best

first_imgSource = Kuoni Leading travel specialist Kuoni won ‘Best Tour Operator of the Year’ and ‘Best Travel Team of the Year’ (a new award for 2012) at the TTG Travel Awards 2012, as voted for and shortlisted by 30,000 travel agents and a judging panel of industry experts. With stiff competition in the form of other shortlisted companies, Kuoni stepped up to the stage to be congratulated by celebrity guest host, actor and comedian, David Walliams and TTG Brand Director, Daniel Pearce.The red-carpet event was held at London’s prestigious Odeon West End theatre on Leicester Square. Celebrations continued at the exclusive after-show party in the Penthouse night club, Leicester Square with live music and stunning views of London’s skyline. Over 700 movers and shakers of the travel industry flooded Leicester Square, setting it alight with true Hollywood glitz and glamour for a show-stopping ceremony, including Kuoni UK Managing Director Derek Jones, National Sales Manager for Trade Amanda Darrington and National Sales Manager for Retail Helen Roberts.  Commenting on Kuoni’s win, Derek Jones, Kuoni UK MD said: “The TTG Awards ceremony was a spectacular evening of entertainment showcasing the best of the best in our industry. “We are delighted to have been voted best ‘Tour Operator of the Year’ and we are thrilled to have won their new award for best ‘Travel Team Agency of the Year’, in recognition of the outstanding hard work and commitment of everyone at Kuoni. “Kuoni has enjoyed considerable success in the past in both the Long Haul and Luxury Tour Operator categories but we have never before won in the Best Tour Operator section which includes all tour operators large and small. “I am so proud of the team’s achievements and to have been recognised by our industry peers with these accolades.”TTG Brand Director, Daniel Pearce added: “I’d personally like to congratulate Kuoni on winning ‘Tour Operator of the Year’ and ‘Travel Team Agency of the Year’ at the TTG Travel Awards 2012. With over 30,000 travel agent ratings and an esteemed panel of judges, our rigorous judging process makes winning these awards a huge achievement in the travel industry.”Judges for the awards include experts from trade bodies and leading travel companies and the Institute of Travel and Tourism, as well as leading figures from the worlds of commerce and retail.last_img read more

July 4 2011In the evening of the 2011 summer sols

first_imgJuly 4, 2011In the evening of the 2011 summer solstice, and Paolo Soleri’s 92nd birthday, Arcosanti celebrated the annual Burning Tongue event.Residents, friends and workshop participants gathered in the Vaults for a night of incredibly spicy dishes and hors devours.The fare ranged from Ghost Pepper Popsicles to full entrees awash with hot spices. Two very typical faces: Chugging a water bottle, and preparing to burn one’s tongue. “Burning Tongue” is the brainchild of architect and 3D Master Young Soo Kim, who is part of the Arcosanti Planning Department.last_img

I still get the impression that there are forces b

first_imgI still get the impression that there are forces beneath the surface that spell big changes ahead.The gold price traded in a tight range throughout the Friday trading session everywhere on Planet Earth.  It appeared that every time gold tried to break above the $1,740 spot price mark, it got sold off…with the sell off at that London p.m. fix being the most obvious.The high tick of the day at the afternoon gold fix was $1,740.50 spot.  From there, gold got sold off…and closed for a small loss…down $1.10 on the day at $1,738.80 spot.  Net volume wasn’t overly heavy at 117,000 contracts.Silver traded sideways up until 10:00 a.m. in London…and then got sold down to its low of the day [around 32.05 spot] shortly after 1:00 p.m. GMT…about fifteen minutes before the Comex open.The subsequent rally got hit hard the moment that the London p.m. gold fix was in at 3:00 p.m. GMT…10:00 a.m. in New York…and then traded sideways into the 5:15 p.m. Eastern time electronic close.  The high tick at the fix was $32.89 spot.Silver finished the Friday session at $32.63 spot…up 32 cents on the day.  Net volume was pretty decent at 37,500 contracts…as I’m sure that JPMorgan et al were going short against all comers in that 2-hour early morning rally in New York, because it didn’t look like a short-covering rally to me.The dollar index opened at 80.81…and then traded lower…with the low tick [about 80.63] coming around 1:30 p.m. Hong Kong time.  From there it rallied until precisely 8:00 a.m. in New York, before trading mostly sideways for the remainder of the day.  The index closed just above the 81.00 mark at 81.05…up 24 basis points on the day.The dollar index and the gold price were in sync right up until 8:00 a.m. in New York…and then broke down entirely.Despite the fact that gold’s high tick came at 10:00 a.m. Eastern time, there was absolutely no sign of it in the share price action…as they were under selling pressure right from the 9:30 a.m. open of the equity markets in New York.  The HUI finished virtually on its low of the day…down 1.60%.Even though the silver price closed well into positive territory again, it didn’t help the shares too much…and Nick Laird’s Silver Sentiment Index closed down 1.09%.(Click on image to enlarge)The CME’s Daily Delivery Report showed that 4 gold and 8 silver contracts were posted for delivery on Tuesday.Over at GLD, an authorized participant withdrew 29,068 troy ounces of gold.  But SLV went in the other direction.  For the second day in a row, an authorized participant added a big chunk of silver.  This time it was 1,452,249 troy ounces.  On Wednesday it was 1,549,091 troy ounces of silver that was added, so a hair over 3 million ounces was added in those two day alone…and since last Friday [Nov. 2]…SLV has taken in almost 4.3 million ounces in total.  I’m sure Ted Butler will have something to say about this in his weekend commentary to his paying subscribers later today.Well, the good folks over at shortsqueeze.com finally updated their website with the latest short positions for SLV and GLD…but it was in the wee hours of this morning that it finally happened.  The short position in SLV declined by 9.24 percent…from 14,621,500 shares/ounces, down to 13,270,700 shares/ounces held short.  That’s still a lot of silver that’s owed to SLV…but don’t forget that 4.3 million ounces have been deposited in SLV since the beginning of the month, so this new short position number is probably wildly out of date by now.The GLD ETF went in the other direction, as the short position increased by 10.22 percent…from 16.99 million shares, to 18.73 million shares…or 1.87 million ounces in total.  That’s 58.16 tonnes of gold that should be on deposit at GLD, but isn’t.It was another big sales day at the U.S. Mint.  They reported selling 6,000 ounces of gold eagles…2,000 one-ounce 24K gold buffaloes…and 350,000 silver eagles.  Month-to-date the mint has sold 37,500 ounces of gold eagles…5,000 one-ounce 24K gold buffaloes…and 1,548,000 silver eagles.  Based on these sales, the silver/gold sales ratio is a bit over 36 to 1.  And as I keep saying…I do hope you’re getting your share, dear reader.The Comex-approved depositories showed that 935,196 troy ounces of silver were received by them on Thursday…and 554,126 troy ounces were shipped the door on the same day.  Of the amount received, JPMorgan Chase took in 785,407 troy ounces, bringing their depository total up to 25,030,654 troy ounces.  The link to that activity is here.Well, the Commitment of Traders Report showed improvements in the Commercial net short positions in both gold and silver…but certainly not as much as Ted Butler and I were expecting.In silver, the Commercial net short position declined by 4,054 contracts, or about 20.3 million ounces.  The Commercial net short position in silver is now down to 248.4 million ounces.The ‘Big 4’ traders are short 240.3 million ounces…virtually the entire amount of the Commercial net short position of 248.4 million ounces….and are also short a hair north of 45% of the entire Comex futures market in silver on a net basis.  The positions of the other 37 Commercial traders [the raptors] on the short side of the Comex silver market, are immaterial.Ted figures that JPMorgan Chase is still short a bit over 155 million ounces of silver on it’s own…and didn’t improve their position much during the reporting week, despite the big sell off on Friday, November 2nd.  Ted said that the raptors…some of the other 37 small traders [other than the ‘Big 4’] in the Commercial category…bought between 3,000-3,500 long contracts on that sell off.In gold, the Commercial net short position improved by 15,022 contracts, or 1.50 million ounces.  The Commercial net short position is now down to 20.77 million ounces of gold.The ‘Big 4’ short holders are short 13.10 million ounces of gold…and 31.9% of the Comex futures market in gold on a net basis.  The ‘5 through 8’ traders are short an additional 5.41 million ounces of gold.  So the ‘Big 8’ are short 18.51 million ounces of gold, or 45.0% of the entire Comex futures market in gold on a net basis…the same as silver.  The short positions of the other 39 other traders in the Commercial short category are immaterial.As you can see, the tail is wagging the dog in both silver and gold.Here are the ‘Big 4’ and ‘Big 8’ short positions show in “Days of World Production to Cover Short Positions“…Nick Laird’s most excellent graph that lays bare the price management scheme in all four precious metals for the world to see.  The silver short position is particularly egregious…as it always has been.(Click on image to enlarge)The Bank Participation Report for November also showed improvements in the short positions of both the U.S. and non-U.S. banks from the prior month.In silver, 4 U.S. banks are net short 35,252 Comex silver contracts.  Ted figures that JPMorgan holds a bit over 31,000 contracts of that amount all by itself…and I’m guessing that virtually all of the rest are unequally divided up between HSBC USA, Citigroup…and one other U.S. bank…in that order.The 15 non-U.S. banks are net short 14,286 Comex silver contracts…and I’d bet that between 70 and 80 percent of that amount is held by Scotia Mocatta…with the balance split up between the other 14 non-U.S. bank…whose individual positions would be immaterial.From the October report to the November report in silver, the 4 U.S. banks reduced their net short positions by only 2,532 Comex contracts.  The 15 non-U.S. banks reduced their collective net short positions by 2,826 Comex contracts.In gold, 5 U.S. banks are net short 98,101 Comex gold contracts, or 9.81 million ounces…a decline from 10.62 million ounces held short in October.The 21 non-U.S. banks are net short 59,436 Comex gold contracts, or 5.94 million ounces…a decline from  7.86 million ounces held short in October.As I mentioned in the Commitment of Traders report [from which the data for November’s Bank Participation Report is extracted]…the big 4 in silver…and big 8 in gold…are short 45% of each of their respective markets on a net basis.On a gross basis [before all market-neutral spread trades are subtracted] the Bank Participation Report shows that…15 banks are short 23.6% of the entire Comex palladium market…17 banks are net short 35.7% of the Comex platinum market…19 banks are net short 39.5% of the Comex silver market…and 24 banks are net short 38.4% of the entire Comex gold market.Once the spread trades from each market are subtracted from the total open interest…then the short positions, on a percentage basis, shoot sky high…another 5.5 percentage points in silver…and 6.6 percentage points in gold.  I’m sure platinum and palladium would be similar.This is precisely what Nick Laird’s graph above shows in all four precious metals…except its shown in days of world production to cover those short positions…but the ratios remain the same no matter in what unit of measure the graph is computed.I thank reader ‘David in California’ for providing this Reuters chart that requires no further explanation on my part.(Click on image to enlarge)This next chart is courtesy of reader Anthony D. Cattani…and it doesn’t require any further embellishment from me, either.(Click on image to enlarge)Since this is my Saturday column, here are all the stories that were still sitting in my in-box up until midnight last night.  I hope you can find the time to read the ones that interest you.Liberals seem to assume that if you don’t believe in their particular political solutions, then you don’t really care about the people that they claim to want to help. – Thomas SowellI have a couple of musical selections for you today…one a pop classic from the early 1970s…and the other one was a ‘classic’ from Billboard’s Top 10 in 1834.The tune from 1972 that was a big hit…and the only hit for British singer Daniel Boone…a.k.a. Peter Charles Green…and I remember playing it on radio station CHAR when I was in Alert, North West Territories.  If you can remember the words, feel free to sing along, because I’m sure you’ll remember the tune…and the link is here.Niccolò Paganini (1782–1840) encouraged Hector Berlioz (1803–1869) to write Harold en Italie. The two first met after a concert of Berlioz’s works conducted by Narcisse Girard on 22 December 1833, three years after the premiere of Berlioz’s Symphonie fantastique. Paganini had acquired a superb viola, a Stradivarius — “But I have no suitable music. Would you like to write a solo for viola? You are the only one I can trust for this task.”Berlioz began “by writing a solo for viola, but one which involved the orchestra in such a way as not to reduce the effectiveness of the orchestral contribution.” When Paganini saw the sketch of the allegro movement, with all the rests in the viola part, he told Berlioz it would not do, and that he expected to be playing continuously. They then parted, with Paganini disappointed.Harold in Italy was premiered on 23 November 1834 with the Orchestre de la Société des Concerts du Conservatoire, Chrétien Urhan playing the viola part, Narcisse Girard conducting.Paganini did not hear the work he had commissioned until 16 December 1838; then he was so overwhelmed by it that, following the performance, he dragged Berlioz onto the stage and there knelt and kissed his hand before a wildly cheering audience and applauding musicians. A few days later he sent Berlioz a letter of congratulations, enclosing a bank draft for 20,000 francs.The viola is a strange instrument…and some string players, notably violinists, look on it with thinly disguised contempt.  One first violinist with the Edmonton Symphony Orchestra told me the most famous of viola jokes…and it goes something like this… Q: What’s the difference between a viola and an onion? A: Nobody cries when you chop up a viola… But, having said that, this 4-moment symphony is a jewel…and it took me many listenings before I began to appreciate the work for what it is…and it would be certainly included in any ‘desert island’ collection I was putting together.This video recording is from 1976…and features the Orchestre National de France.  Donald McInnes is the soloist…and Leonard Bernstein conducts.  It’s posted over at the youtube.com Internet site…and the link is here.I wouldn’t read too much into yesterday’s price action, although it was obvious that JPMorgan Chase et al were standing by at the London p.m. gold fix to make sure that none of the four precious metals got out of hand to the upside once the ‘fix’ was in.Although I’m happy that we’re enjoying a bit of a rally since the big smack-down on November 2nd…I’m still not prepared to break out the party favours just yet.  The Commercial net short positions in both silver and gold in the Commitment of Traders Report, although better, are nowhere near a wildly bullish buy point…so I’m still on the look out for “in your ear”.But, having said all that, I still get the impression that there are forces beneath the surface that spell big changes ahead.  It’s just the timeline that I’m not certain about.  One thing that I would be happy to bet some money on is that by May 1, 2013 the price of both silver and gold will be substantially higher than they are at the moment…as JPMorgan Chase et al can’t keep this up forever.  How fast we get there and how high we go, will very much depend on whether the bullion banks are still in control of the price as these expected rallies get underway.Will they be short covering rallies…or will the powers-that-be just stand aside for a little while and let the prices rise in sort a controlled retreat fashion…which is the process they’ve been using since 1999.  I don’t know the answer to that…and only time will tell.But I’m still ‘all in’.See you on Tuesday. Sponsor Advertisement On October 30, 2012, Mason Graphite Inc. began trading on the TSX Venture Exchange under the symbol “LLG”. Mason Graphite is focused on the exploration and development of its Lac Guéret graphite property located in northeastern Quebec. Based on the current National Instrument 43-101 compliant Measured & Indicated mineral resource of approximately 7.6 million tonnes grading 20.4% Cgr (carbon as graphite), the Lac Guéret property hosts one of the highest grade graphite deposits known in the world. Mason Graphite is led by Benoit Gascon, CA CMA, who has held 20 years of executive positions at Timcal, including over 6 years as CEO. Timcal, now owned by Imerys, is one of the largest graphite producers in the world. Mason Graphite has 56.9M shares outstanding and 74M shares on a fully diluted basis. For more information on the company, please visit our website, email info@masongraphite.com or call +1 (416) 861-1685.last_img read more

I see you standing here asking for help about on

first_imgI see you standing here, asking for help, about once a week. You are always polite, and I respect that. I’d like to do something for you… something that would matter long-term. Giving you a few notes or coins now and then may be fine, but I’d really like to improve your situation more permanently. In other words, I’d like to give you a job. I used to hire people, and I especially liked hiring people who had been denied breaks. I did that whenever I could. If you and I could be transported back in time, I’d hire you. And I’d feel good about it, because I think having a job would do you a lot of good. That fact is, however, that I can’t hire you, and I’d like you to know why. I used to run my own contracting firm. I enjoyed the work and I liked being able to drive past a building and say, “I made that.” Having employees, however, was torture. I liked having them in some ways, of course – I liked the guys and it made me happy to see them take care of their families with paychecks that I signed. That was very gratifying. But it wasn’t enough, and there are three reasons why: #1: Making Payroll My first problem was simply cash flow. I was solely responsible for having enough money in the bank every week, and that could be nerve-wracking, especially when customers weren’t paying their bills on time. It’s not fun to think that a family won’t be able to buy groceries if you can’t collect your invoices. Still, that part didn’t cause me to give up on employees. It was hard, but so long as my employees were working, we were making money, so there was always something coming in at some point. Somehow, I was able to pull it off. #2: Being Hated Over time, some of my employees became jerks. This seemed to grow from envy and from stupid ideas about labor versus management. These guys decided that I was getting rich off of them, and demanded I pay them more – more than they deserved and more than the company could afford. And the really nasty part was this: It was always the guys I had done the most for who hated me most. And as soon as I sat down with them and explained why I couldn’t pay them more, they started stealing from me. I fired the thieves, of course, but these experiences really soured me on employees. I had not only given these guys a job, but I had legitimately felt good about helping to feed their families. In return, they hated me, called me names, and stole from me. By itself, that was almost enough to make me swear off employing people, but not quite. #3: The IRS What really drove me over the edge was dealing with the government and the IRS in particular. They were abominable. I had to file forms with every payroll, and if anything on them was wrong, they penalized me – heavily. And if I paid them a single day late, they penalized me – heavily. And if they said I did something wrong – even if I didn’t – there was no way to change their verdict. Reason and evidence simply didn’t matter. I eventually talked to a tax lawyer who explained the situation to me. He said: Forget about fighting, Paul. There is no ‘innocent until proven guilty’ in tax court. You’re automatically guilty, and you have to try to prove yourself innocent… which is very hard and very expensive. Just pay them. I know you hate that, but you have no other choice. Fighting them would ruin you. It wasn’t just the money that got me about this – it was that they were nasty, arrogant, heartless tyrants. Having the facts on my side didn’t matter. Intelligent arguments didn’t matter. Either I paid what they demanded or they would hurt me worse. In many ways, it wasn’t much different than the local gang of street thugs demanding protection money. So, that’s why I can’t hire you: Having employees locked me into a single role in life, that of a despised slave. When I finally realized that, I walked away. I was lucky that I had the ability to move into specialties and to thrive in difficult niches; other guys probably couldn’t have. So… What I really want you to know is this: I’d like to help you. You deserve a chance at a decent job. I’d like to be the guy who gave it to you, but the system demands that I must live as a slave in order to do so. And I won’t do that. I very much wish that things were different, and I feel sorry every time I drive by that I can’t hire you. But I would never ask anyone to live as a slave, and I won’t live that way myself. I wish you well, and if life in these parts should ever pull back from the present reign of oppression, I hope to run into you. And on that day, I hope to either hire you or do business with you. We would both have much to gain from it. Paul Rosenberg FreemansPerspective.comlast_img read more

Sweden Lists Itself on Airbnb for Free

first_img Learn how to successfully navigate family business dynamics and build businesses that excel. Airbnb Free Webinar | July 31: Secrets to Running a Successful Family Business News reporter Sweden Lists Itself on Airbnb for Free –shares Image credit: Airbnb via PC Mag Forget about a tiny, expensive Manhattan studio apartment: Why not reserve an entire rustic forest on Airbnb for your next camping trip? Or maybe your own private island? Perhaps you’d like to pitch a tent on a secluded beach with huge limestone columns jutting out of it?As long as you’re willing to make Sweden your destination, you can find all of that and more on Airbnb starting on Tuesday, and best of all, it’s free. The listings are actually a marketing gimmick devised by Sweden’s tourism agency to highlight the country’s “freedom to roam laws,” which allow anyone to access and camp on public lands for free, according to the country’s Airbnb profile. “Allemansrätten — or the freedom to roam — is a principle protected by Swedish law that gives all people the right to be free in Swedish nature,” the profile explains. “In other words, Swedish nature isn’t just a piece of land with trees and lakes and cliffs — it’s a home with all the necessities and amenities that any great home should have.”You can’t actually book any of the listings — each one simply includes a “Visit Sweden” link that takes you to the tourism agency’s website instead of a booking button. You also aren’t guaranteed to have the spot you select all to yourself, but considering that Sweden is among the least densely-populated countries in Europe, your odds are pretty good.The Swedish public lands listing is a much-needed bright spot for Airbnb. Critics claim the company strains the supply of affordable housing in major cities, and municipal governments worldwide have passed legislation that restricts the types of listings on the site. Those laws have resulted in years of litigation, especially in the U.S.Perhaps to counteract some of the negative attention, Airbnb appears to have agreed to the Swedish campaign as a goodwill gesture: Fast Company reports that neither the tourism agency nor Airbnb is getting paid. Register Now »center_img Next Article May 24, 2017 This story originally appeared on PCMag Tom Brant 2 min read The marketing gimmick is designed to draw attention to the ‘freedom to roam’ law that allows anyone to visit Swedish public lands for free. Add to Queuelast_img read more

Bloomberg Opens 75 Million Venture Capital Fund

first_img Next Article Opinions expressed by Entrepreneur contributors are their own. Learn how to successfully navigate family business dynamics and build businesses that excel. June 5, 2013 Add to Queue –shares Image credit: qz.com Technologycenter_img Bloomberg L.P. announced today the creation of a $75 million venture capital fund called Bloomberg Beta. It says it will be run strictly for financial return rather than as a means of bringing new products and services to Bloomberg.The fund’s focus, says Roy Bahat, the head of Bloomberg Beta, is on “the next horizon for Bloomberg” in areas such as data technology, media distribution and human-computer interactions. As startups continue to disrupt established markets, many large companies are creating investment arms and incubator programs to pursue innovation.Bloomberg quietly established the fund in January, with headquarters in San Francisco, and it has already made investments in a handful of startups. Among them are cloud-computing provider Nodejitsu and programming-tutorial site Codeacademy.Bloomberg Beta exists as a separate legal entity from its parent company. Bahat says this structure will prevent ethical breaches such as preferential coverage of the startups in its portfolio by reporters in Bloomberg’s news division.Ian Finley, a vice president of research at Gartner, a technology research firm, disagrees. “The legal entity thing doesn’t actually change the picture,” he says. A “side benefit” of Bloomberg Beta may be that it can provide Bloomberg News and Businessweek reporters with “some visibility into reporting areas that their competitors might not have,” says Finley. Bloomberg came under fire last month over news that its reporters routinely spied on the activity of people who were using the company’s Bloomberg Terminals, a computer system used widely in the financial industry.Finley doesn’t doubt that Bloomberg journalists are forbidden from showing favoritism to startups in which Bloomberg Beta actually invests. But he says that won’t necessarily stop the venture capitalists from passing tips to reporters about other startups they have examined. “A typical VC firm of $75 million is not going to make that many investments, but they will review thousands of startups a year,” he says. “So there may be a huge amount of value there, with a very low chance for ethics problems.”But Bahat says his firm won’t provide inside information to the parent company’s news division. “The way that I’ll work with Bloomberg journalists is exactly the same way that I would work with journalists anywhere else,” he says. “I will protect the confidentiality of the companies that we invest in, and of the companies that we don’t invest in.”For a company with a current market capitalization of $1.25 billion, $75 million may seem like a small bank account for a venture fund. But Bahat says it’s “just the right amount of money” for working with early-stage companies. “A fund of this size actually enables you to do a lot,” he says. “We’ll be writing checks at a range of different sizes.”Bloomberg is not the only big media company to cultivate startups. The New York Times Co. also invests in digital startups. What’s more, the Times Co. opened an incubator earlier this year for early-stage media companies. Its inaugural class of three is halfway through the four-month program.”The Times has some of the smartest people in the industry, working on some of the same problems that we are,” says Andrew Whalen, co-founder of Delve, one of the timeSpace startups. Delve is a social news reader and recommendation engine designed to keep organizations on top of crucial news in their industry. “Having access to the knowledge inside this company has been pretty incredible.”Related: The New York Times Gets Into the Incubator GameWhalen calls his tenure so far at timeSpace a mutual learning experience, in which he and his seven coworkers met with “a good cross-section of teams at the Times, everyone from design to product to tech to the newsroom.” Times staffers have provided crucial insight and feedback as Delve redesigns its product, Whalen says.Whalen would not confirm whether or not the Times Co. is interested in investing in Delve. But he did say his eight-person startup will be launching a private beta with pilot companies this summer, and is planning to do a “broader public push” in the fall, at which time the company will seek Series A financing.Bloomberg Beta and other recent efforts by large media companies to cultivate startups have a predecessor in IDG Ventures, the venture-capital arm of International Data Group, the American company that owns the PCWorld and Macworld media properties. The company launched IDG Ventures in 1996.Why is now the right time for a Bloomberg venture-capital fund? Bahat cites the falling cost of starting a company, which gives rise to exciting investment opportunities for large companies. “Sometimes the best inventions come from outside your walls, and you have to embrace that,” Bahat says. Free Webinar | July 31: Secrets to Running a Successful Family Business Brian Patrick Eha 5 min read Bloomberg Opens $75 Million Venture Capital Fund Register Now »last_img read more

Get Ready for the Achocolypse The World Is Running Out of Chocolate

first_img Reporter Add to Queue –shares Fireside Chat | July 25: Three Surprising Ways to Build Your Brand Chocolate Kate Taylor Dark Chocolate Today in horrifying news: the world is running out of chocolate.Chocolate makers Mars and Barry Callebaut are anticipating chocolate shortages in coming years, reports The Washington Post. The industry already can’t keep up with how much chocolate the world wants to eat – and it’s only going to get worse.Last year, the demand for chocolate was roughly 70,000 metric tons more cocoa than produced – a difference the industry expects to widen. In fact, by 2020, Mars and Barry Callebaut predict that we will want 1 million more metric tons of chocolate than the industry will be able to churn out. By 2030, the figure could swell to 2 million metric tons, the paper reports.Why can’t chocolate makers keep up the cocoa-hungry customers? Crops of cocoa have been suffering due to dry weather in West Africa, where most cocoa is produced, and a fungal disease that has wiped out around a third of global coca production. The problems are similar to the coffee industry, where a fungus threatens to drag down the global production of coffee by as much as 40 percent.Related: What the Devastating Coffee Fungus Means for U.S. Coffee ShopsIncreased demand has also played a role in potential shortages. With chocolate consumption increasing in countries like India and China, demand for cocoa beans in Asia has risen 29 percent over the last five years. Plus, the Washington Post says the rising popularity of dark chocolate means more cocoa is used per serving than ever before in the era of the milk chocolate bar.The long-term future of chocolate looks even more treacherous. The chocolate industry relies primarily on small farms with increasingly elderly farmers and disease-prone aged trees. If the next generation wants to enjoy chocolate, a new generation of farmers is going to have to step up.Already, chocolate makers are raising their prices. Hershey announced a price hike for the first time in three years in July, and the candy company’s competitor Mars followed suit soon after. Related: Hershey Raises Prices for First Time in 3 Years as Cocoa Costs Spike November 17, 2014 Learn from renowned serial entrepreneur David Meltzer how to find your frequency in order to stand out from your competitors and build a brand that is authentic, lasting and impactful. 2 min read Image credit: Pixabay Next Article Get Ready for the ‘Achocolypse’: The World Is Running Out of Chocolate Enroll Now for $5last_img read more

Inhibition of CRMP2 phosphorylation promotes axonal regeneration after optic nerve injury

first_imgIn our previous study, what we did was to develop CRMP2 knock-in mice and genetically inhibit its CRMP2 phosphorylation. As a result, the CRMP2 knock-in mice showed promotion of axonal regeneration after a spinal cord injury. From this, we hypothesized that the same phenomenon could also be observed after optic nerve injury.”Professor Toshio Ohshima, Waseda University Source:Waseda UniversityJournal reference:Kondo, S. et al. (2019) Genetic inhibition of CRMP2 phosphorylation at serine 522 promotes axonal regeneration after optic nerve injury. Scientific Reports. doi.org/10.1038/s41598-019-43658-w. The findings of this study, recently published online in Scientific Reports, could be translated into the development of novel treatments for patients with optic neuropathies, such as traumatic injury and glaucoma.When diagnosed with glaucoma, blind spots develop in the visual field and could lead to blindness as the optic nerve deteriorates. Such deterioration and loss of function of nerve fibers, or axonal degeneration, also occur in traumatic nerve injury and neurological diseases, such as Alzheimer’s disease and ALS. Currently, methods for completely repairing the retina, spinal cord, and other parts of the central nervous system after injury or degeneration do not exist because axonal regeneration is restricted by inhibitory factors.In past studies, potential mechanisms which inhibit axonal regeneration have been found, and addressing these mechanisms were thought to bring scientists a step closer in developing new therapeutics for damages to the central nervous system.The CRMP2 protein molecule functions to stabilize microtubules, which provide structural support for the central nervous system at the neuronal cellular level and promote polymerization by binding to tubulin dimers. However, these functions are prevented by various kinases through phosphorylation, a mechanism regulating neuronal proteins. Our experimental data indicate that inhibition of CRMP2 phosphorylation will be a novel approach to the development of treatments for human optic nerve injuries, but further study will be necessary for practical application.For instance, some studies suggest that CRMP2 phosphorylation plays a role in forming myelin, an important substance for sufficient functional recovery of regenerated axons. Additional treatment to facilitate myelination will be required to realize functional recovery after optic nerve injury.”Professor Toshio Ohshima, Waseda Universitycenter_img Related StoriesUsing NMR to Study Protein Structure, Dynamics and MechanismsHinge-like protein may unlock new pathways for cystic fibrosis treatmentSorting protein in neurons protects against neurodegenerative disordersTo investigate, the scientists compared the degeneration and regeneration of the optic nerve between wildtype and CRMP2 knock-in mice after an optic nerve injury introduced by an optic nerve crush, a procedure in which the left optic nerve was exposed and crushed for 5 seconds with a tweezer at a site approximately 1mm behind the eye’s globe. They found that destabilization and depolymerization of microtubules after an optic nerve crush injury was suppressed in CRMP2 knock-in mice, and the loss of retinal ganglion cells, the projection neuron of the eye, was also reduced.The research team also observed that the protein level of GAP43, a molecular marker for axonal regeneration, was higher in the optic nerve from CRMP2 knock-in mice than that from wildtype mice 4 weeks after the optic nerve crush. Additionally, the number of axons increased in the optic nerve after the optic nerve crush in CRMP2 knock-in mice. Reviewed by James Ives, M.Psych. (Editor)May 22 2019A new study by Professor Toshio Ohshima of Waseda University has found that the inhibition of phosphorylation of collapsing response mediator protein 2 (CRMP2), a microtubule-binding protein, suppresses degeneration of nerve fibers and promotes its regeneration after optic nerve injury.last_img read more

Iron powder a clean alternative fuel for industry that replaces natural gas

first_img Credit: Eindhoven University of Technology Provided by Eindhoven University of Technology Explore further Using elements in plants to increase fuel cell efficiency while reducing costs 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. Citation: Iron powder: a clean, alternative fuel for industry that replaces natural gas (2018, September 13) retrieved 17 July 2019 from https://phys.org/news/2018-09-iron-powder-alternative-fuel-industry.html This technology has the potential to become an important element in the future energy system. Excess renewable energy, generated for example by solar panels on sunny days, can be stored compactly in iron by converting rust (iron oxide) into iron. The iron can later serve as fuel, when energy is needed. The iron oxide resulting from the combustion is collected and reused. The use of iron in this system is circular, generating no waste and most importantly, no carbon dioxide.Team SOLID’s system offers a solution for the first half of this circular process. It combusts iron powder and thereby generates hot water, heat and electricity. The other half of the cycle already exists: the production of iron and the recycling of rust are already part of existing industries. This part of the cycle currently runs on fossil fuels, but sustainable alternatives are being developed. In Sweden, for example, a pilot plant is being built for iron production with sustainably produced hydrogen. Iron is abundant: it is the most common element on earth. The extra costs are limited: when applied on industrial scale the fuel costs will be up to twice as high. However, the increasing costs of CO2 emissions may eventually even make it cheaper.The system of the Eindhoven students has a capacity of 20 kilowatts, which is comparable to that of a conventional central heating boiler. One of the most important advantages of the system is that it can respond quickly to a changing energy demand. Moreover, the system is relatively easy to scale up. Using the heat, the system drives a Stirling engine that generates electricity. Additionally the system produces hot water and steam. The students work in close collaboration with Philip de Goey and Niels Deen, Eindhoven professors in respectively Combustion Technology and Multiphase & Reactive Flows. Team SOLIDs system, burning iron powder. Credit: Bart van Overbeeke. The Dutch government informed Dutch industry in January this year that by 2022, it should quit consuming natural gas. Students from Eindhoven University of Technology are working on a sustainable solution to replace industrial fossil fuel consumption: burning iron. This fuel generates no CO2 emissions, and the residual product, rust, can be fully recycled. The iron powder flames produce high temperatures, which is important for many industries. The student team, Team SOLID, has built a proof-of-concept installation that generates both heat and electricity.last_img read more

Japan to indict Nissan as well as Ghosn report

first_imgCarlos Ghosn’s November 19 arrest in Tokyo shook the business world, where he has long been a highly regarded top executive Citation: Japan to indict Nissan as well as Ghosn: report (2018, December 7) retrieved 17 July 2019 from https://phys.org/news/2018-12-japan-indict-nissan-ghosn.html Nissan chief Ghosn arrested over financial misconduct: reports 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. © 2018 AFPcenter_img The report comes amid speculation that Ghosn and his right-hand man Greg Kelly will face new allegations related to under-reporting of the auto titan’s compensation.The pair were arrested on November 19 on suspicion of conspiring to understate Ghosn’s pay by some five billion yen ($44 million) in official filings during the five years up to March 2015.The Nikkei business daily reported Friday that Ghosn and Kelly would likely be indicted on those allegations as soon as Monday, when their current detention period expires.The daily said prosecutors had decided that Nissan was also responsible for the alleged financial wrong-doing and would bring charges against the firm.It reported that Nissan’s chief executive Hiroto Saikawa signed documents discussing payment and employment for Ghosn after his term as chairman.But prosecutors reportedly doubt Saikawa was involved in the under-reporting, though he may face questions about failing to correct the false reports even though he apparently had opportunities to do, the Nikkei said.Under Japanese law, prosecutors can hold suspects for up to 22 days while investigating a single allegation.But they can seek an additional 22 days of detention for each new accusation against a suspect.Reports suggest Ghosn and Kelly could face a new accusation related to under-reporting of the former chairman’s compensation by another four billion yen ($35.5 billion) over the last three years.The new accusation is also expected to be announced next week.Japanese prosecutors said they could not comment on the report and Nissan said only that it was cooperating with the prosecutor’s office.”The company has been… fully cooperating with its investigation. We will continue to do so,” spokesman Nicholas Maxfield told AFP.Neither Ghosn nor Kelly have yet been officially charged, and they deny any wrongdoing.Ghosn’s November 19 arrest in Tokyo shook the business world, where he has long been a highly regarded top executive.In Japan, Ghosn was celebrated as a charismatic business leader who saved Nissan from the brink of failure and rebuilt it as a money-maker in the alliance with Renault.But since his shock arrest, he has been removed from the boards of Nissan and Mitsubishi Motors.Nissan has begun the process of choosing Ghosn’s successor, with the final decision expected on December 17. Tokyo prosecutors have decided to indict Nissan as well as its former chairman Carlos Ghosn and another executive as early as next week over alleged financial misconduct, a report said Friday. Explore furtherlast_img read more

Netflix to roll out cheaper mobileonly plan for India

first_img(Reuters) – Netflix Inc said on Wednesday it would roll out a lower-priced mobile-only plan in India within the next three months to tap into a price-sensitive market at a time the streaming company is losing customers in its home turf. FILE PHOTO: The Netflix logo is pictured on a television in this illustration photograph taken in Encinitas, California, U.S., January 18, 2017. REUTERS/Mike BlakeIndia is among the last big growth markets for the company, where it faces competition from Amazon.com Inc’s Prime Video and Hotstar, a video streaming platform owned by Walt Disney Co’s India unit. Netflix lost U.S. streaming customers for the first time in eight years on Wednesday, when it posted quarterly results. It also missed targets for new subscribers overseas. “India is a mobile-first nation, where many first-time users are experiencing the internet on their phones. In such a scenario, a mobile-only package makes sense to target new users,” said Tarun Pathak, analyst at Counterpoint Research. The creator of “Stranger Things” and “Crown” said in March that it was testing a 250-rupee (£2.92) monthly subscription for mobile devices in India, where data plans are among the cheapest in the world. The country figures prominently in Chief Executive Officer Reed Hastings’ global expansion plans. “We believe this plan, which will launch in the third quarter, will be an effective way to introduce a larger number of people in India to Netflix and to further expand our business,” the company said in a letter to investors released late on Wednesday. Netflix currently offers three monthly plans in India, priced between 500 rupees ($7.27) and 800 rupees $11.63). It has created a niche following in the country by launching local original shows like the thriller “Sacred Games” and dystopian tale “Leila”, which feature popular Bollywood actors. The second season of “Sacred Games” is set to release in August. In contrast, Hotstar, which also offers content from AT&T Inc’s HBO and also streams live sports, charges 299 rupees ($4.35) per month. Amazon bundles its video and music streaming services with its Prime membership. “We’ve been seeing nice steady increases in engagement with our Indian viewers that we think we can keep building on. Growth in that country is a marathon, so we’re in it for the long haul,” Netflix Chief Content Officer Ted Sarandos said. Reporting by Nivedita Bhattacharjee, Munsif Vengattil, Vibhuti Sharma in Bengaluru and Arriana Mclymore in New York; Editing by Anil D’Silva and Gopakumar WarrierOur Standards:The Thomson Reuters Trust Principles.last_img read more