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Scientists Blast Plans for Nicaraguan Grand Canal

first_imgA group of scientists are fighting plans by the Nicaraguan government for a canal that would open a direct route for ships to pass between the Caribbean Sea and the Pacific Ocean. Such a canal, which would likely pierce the largest freshwater lake in Central America, would imperil wetlands and other fragile ecosystems, the scientists warn in a commentary today in Nature.“This is the most imminent threat to the environment in Central America. It’s more urgent than climate change,” co-author Jorge Huete-Pérez, a molecular biologist at Universidad Centroamericana in Managua tells ScienceInsider.Last June, the Nicaraguan government granted a concession to HKND Group in Hong Kong to develop the $40 billion project, which would compete with the Panama Canal for a share of the booming shipping industry. Last month, Nicaraguan President Daniel Ortega and HKND Group CEO Wang Jing announced they hoped to break ground in December.Sign up for our daily newsletterGet more great content like this delivered right to you!Country *AfghanistanAland IslandsAlbaniaAlgeriaAndorraAngolaAnguillaAntarcticaAntigua and BarbudaArgentinaArmeniaArubaAustraliaAustriaAzerbaijanBahamasBahrainBangladeshBarbadosBelarusBelgiumBelizeBeninBermudaBhutanBolivia, Plurinational State ofBonaire, Sint Eustatius and SabaBosnia and HerzegovinaBotswanaBouvet IslandBrazilBritish Indian Ocean TerritoryBrunei DarussalamBulgariaBurkina FasoBurundiCambodiaCameroonCanadaCape VerdeCayman IslandsCentral African RepublicChadChileChinaChristmas IslandCocos (Keeling) IslandsColombiaComorosCongoCongo, The Democratic Republic of theCook IslandsCosta RicaCote D’IvoireCroatiaCubaCuraçaoCyprusCzech RepublicDenmarkDjiboutiDominicaDominican RepublicEcuadorEgyptEl SalvadorEquatorial GuineaEritreaEstoniaEthiopiaFalkland Islands (Malvinas)Faroe IslandsFijiFinlandFranceFrench GuianaFrench PolynesiaFrench Southern TerritoriesGabonGambiaGeorgiaGermanyGhanaGibraltarGreeceGreenlandGrenadaGuadeloupeGuatemalaGuernseyGuineaGuinea-BissauGuyanaHaitiHeard Island and Mcdonald IslandsHoly See (Vatican City State)HondurasHong KongHungaryIcelandIndiaIndonesiaIran, Islamic Republic ofIraqIrelandIsle of ManIsraelItalyJamaicaJapanJerseyJordanKazakhstanKenyaKiribatiKorea, Democratic People’s Republic ofKorea, Republic ofKuwaitKyrgyzstanLao People’s Democratic RepublicLatviaLebanonLesothoLiberiaLibyan Arab JamahiriyaLiechtensteinLithuaniaLuxembourgMacaoMacedonia, The Former Yugoslav Republic ofMadagascarMalawiMalaysiaMaldivesMaliMaltaMartiniqueMauritaniaMauritiusMayotteMexicoMoldova, Republic ofMonacoMongoliaMontenegroMontserratMoroccoMozambiqueMyanmarNamibiaNauruNepalNetherlandsNew CaledoniaNew ZealandNicaraguaNigerNigeriaNiueNorfolk IslandNorwayOmanPakistanPalestinianPanamaPapua New GuineaParaguayPeruPhilippinesPitcairnPolandPortugalQatarReunionRomaniaRussian FederationRWANDASaint Barthélemy Saint Helena, Ascension and Tristan da CunhaSaint Kitts and NevisSaint LuciaSaint Martin (French part)Saint Pierre and MiquelonSaint Vincent and the GrenadinesSamoaSan MarinoSao Tome and PrincipeSaudi ArabiaSenegalSerbiaSeychellesSierra LeoneSingaporeSint Maarten (Dutch part)SlovakiaSloveniaSolomon IslandsSomaliaSouth AfricaSouth Georgia and the South Sandwich IslandsSouth SudanSpainSri LankaSudanSurinameSvalbard and Jan MayenSwazilandSwedenSwitzerlandSyrian Arab RepublicTaiwanTajikistanTanzania, United Republic ofThailandTimor-LesteTogoTokelauTongaTrinidad and TobagoTunisiaTurkeyTurkmenistanTurks and Caicos IslandsTuvaluUgandaUkraineUnited Arab EmiratesUnited KingdomUnited StatesUruguayUzbekistanVanuatuVenezuela, Bolivarian Republic ofVietnamVirgin Islands, BritishWallis and FutunaWestern SaharaYemenZambiaZimbabweI also wish to receive emails from AAAS/Science and Science advertisers, including information on products, services and special offers which may include but are not limited to news, careers information & upcoming events.Required fields are included by an asterisk(*)The Nicaraguan government has predicted that the canal and associated infrastructure would supercharge the economy of the second poorest nation in the Americas, boosting annual growth rates from 4.5% in 2013 to 14.6% in 2016, the authors write. “The government claims this will get the nation out of poverty,” says Huete-Pérez, president of the Nicaraguan Academy of Sciences. The government and HKND Group have stated that the canal’s route is still under investigation. But Huete-Pérez says that the probable path, as determined in previous surveys, is a 278-kilometer-long route passing through the Cerro Silva Nature Reserve on the east coast, into Lake Nicaragua, and then across a narrow isthmus and out to the Pacific.“We’re all focused on saving the lake,” Huete-Pérez says. The shallow lake, an important source of drinking water for the region, would require “extensive dredging” and “would probably suffer from salt infiltration in the lock zones,” write Huete-Pérez and co-author Axel Meyer, an evolutionary biologist at the University of Konstanz in Germany. Along the canal route, the authors say, changes in water chemistry “could harm numerous populations of freshwater and marine fish found nowhere else in the world.” And clearing hundreds of thousands of hectares of forests and wetlands, they warn, would destroy habitat and food sources for endangered species such as the Baird’s tapir, the spider monkey, the harpy eagle, and the jaguar.The authors also speculate that the need to relocate indigenous people in villages along a canal route would sow social discord. “Forcing ethnic communities in their ancestral homes could ignite conflict,” Huete-Pérez warns.He and others criticize the government for allowing HKND Group to manage an assessment of the project’s environmental impact. HKND Group has hired the consulting firm Environmental Resources Management to carry out the study. “This is all backwards,” Huete-Pérez says. The science academy is working with the InterAmerican Network of Academies of Sciences to carry out an independent assessment.last_img read more

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Brownlee misses free throws but Gins hold on to win

first_imgPagasa: Storm intensifies as it nears PAR Brownlee, however, uncharacteristically came up empty at the line.“Sometimes it happens, of course I tried to make them, but I’m not perfect,” said Brownlee after the Gin Kings held on against the Bolts at Ynares Sports Center here.FEATURED STORIESSPORTSSEA Games: Biñan football stadium stands out in preparedness, completionSPORTSMalditas save PH from shutoutSPORTSPrivate companies step in to help SEA Games hosting“I’m glad our team defense really came through, also I’ll give a lot of credit to Meralco because they came out and played incredible defense. I’m just glad we could pull a win tonight.” With the win, Ginebra now shares the top spot with Star with both teams holding 8-2 records. Every 18 seconds someone is diagnosed with HIV Gin Kings on top Cayetano dares Lacson, Drilon to take lie-detector test: Wala akong kinita sa SEA Games Don’t miss out on the latest news and information. LATEST STORIES BSP survey: PH banks see bright horizon amid dark global recession clouds Palace: Duterte to hear out security execs on alleged China control of NGCP Lacson: SEA Games fund put in foundation like ‘Napoles case’center_img PBA IMAGESANTIPOLO—Ginebra import Justin Brownlee had a chance to ultimately seal the win for his team Sunday against Meralco in the PBA Commissioner’s Cup.All he had to do was hit his two free throws to give his team a three-point lead with six seconds remaining with the Gin Kings up, 90-89.ADVERTISEMENT Brownlee’s moment of reprieve came just seconds after he missed his charities when Meralco forward Chris Newsome overthrew his full-court pass to Cliff Hodge and the ball went out of bounds.“It seemed like he was pretty open, and I think Newsome just overthrew it just a little bit,” said Brownlee, who finished with 22 points and nine rebounds. “We were just fortunate on that play because if they connected on that play, that would put them in a great position to win the game.”“I’m just happy he turned the ball over that time.”ADVERTISEMENT BREAKING: Cop killed, 11 hurt in Misamis Oriental grenade blast BREAKING: Cop killed, 11 hurt in Misamis Oriental grenade blast MOST READ Panelo suggests discounted SEA Games tickets for students PLAY LIST 01:35Panelo suggests discounted SEA Games tickets for students02:49Robredo: True leaders perform well despite having ‘uninspiring’ boss02:42PH underwater hockey team aims to make waves in SEA Games01:44Philippines marks anniversary of massacre with calls for justice01:19Fire erupts in Barangay Tatalon in Quezon City01:07Trump talks impeachment while meeting NCAA athletes Sports Related Videospowered by AdSparcRead Next View commentslast_img read more

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Casimero knocking on door of another world title fight

first_imgThe South African Tete is set to face WBA champion Nonito Donaire Jr. on April 27 in the World Boxing Super Series slated in Lafayette, Louisiana.The Tete-Donaire fight serves as semifinal for the $10 million WBSS.FEATURED STORIESSPORTSPrivate companies step in to help SEA Games hostingSPORTSPalace wants Cayetano’s PHISGOC Foundation probed over corruption chargesSPORTSSingapore latest to raise issue on SEA Games food, logisticsBut for Casimero, who hikes his record to 24 wins, four losses and 18 knockouts, the immediate concern is how to get back to the world stage.He rose to stardom after a spectacular 10th round KO of volatile Argentianian Luis Alberto Lazarte in Mar Del Plata in 2012. The bout ended in a riot that forced Casimero and his cornermen to hide underneath the boxing ring. Panelo: Duterte ‘angry’ with SEA Games hosting hassles LATEST STORIES Ethel Booba twits Mocha over 2 toilets in one cubicle at SEA Games venue Philippine Arena Interchange inaugurated Manny Pacquiao on Floyd Mayweather: Let him enjoy retirement PLAY LIST 00:44Manny Pacquiao on Floyd Mayweather: Let him enjoy retirement01:26Lawmakers hail fighting Senator Pacquiao’s victory over Thurman01:26Lawmakers hail fighting Senator Pacquiao’s victory over Thurman02:42PH underwater hockey team aims to make waves in SEA Games01:44Philippines marks anniversary of massacre with calls for justice01:19Fire erupts in Barangay Tatalon in Quezon City01:07Trump talks impeachment while meeting NCAA athletes02:49World-class track facilities installed at NCC for SEA Games02:11Trump awards medals to Jon Voight, Alison Krauss Cayetano: Senate, Drilon to be blamed for SEA Games mess The public eye of the Tiger DA eyes importing ‘galunggong’ anew Sports Related Videospowered by AdSparcRead Next View comments MOST READ Hontiveros presses for security audit of national power grid Private companies step in to help SEA Games hosting Don’t miss out on the latest news and information. Filipino former champion Johnriel Casimero pulled off a stunning 12th round knockout over Ricardo Franco Espinoza to come knocking at the door of yet another world title Saturday night in Carson, California.Casimero’s stoppage win earned him the WBO interim bantamweight title with a clear shot at the belt now being held by Zolani Tete.ADVERTISEMENT SEA Games hosting troubles anger Dutertelast_img read more

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Lewis Hamilton takes no solace in second place

first_imgSebastian Vettel celebrated Lewis Hamilton’s lucky number on Sunday, the Ferrari driver taking his 44th Formula One victory to go top of the standings while the man in car 44 kicked himself for costly errors.Hamilton, who has been upbeat about the battle of champions and the fight his Mercedes team have on their hands, appeared more subdued as mechanics cleared the Bahrain Grand Prix paddock.”Over the years, nothing changes in terms of (how) I feel pain in my heart,” said the triple champion. (Sebastian Vettel holds off late Lewis Hamilton charge, says “I love what I do”)”People go, like, ‘you finished second, you should be happy’. That’s not what why we exist. So if anyone ever thinks that any driver, or I, should feel happy with second… I don’t know what to say.”After three races, Hamilton is 2-1 down to Vettel and seven points adrift of the German four-times world champion in the standings.The 32-year-old Briton said he had felt good on the podium, where he was joined by Mercedes team mate Valtteri Bottas, but the mood had changed as the evening wore on and he relived what went wrong.A five-second penalty for driving too slowly as he entered the pits for his first stop, a move that prevented Red Bull’s Daniel Ricciardo getting ahead while the Mercedes pair queued up, was his own fault.”Supposed to have a five-second gap and I think I had a four-second gap. Just a misjudgement from myself,” he said. (Ferrari’s Sebastian Vettel wins Bahrain Grand Prix)advertisementHamilton had missed out on a seventh successive pole on Saturday, with Bottas beating him to it.”I lost half a tenth out of the last corner. I should have easily been on pole,” he said.”Today, I lost position at the start. Solely my fault. Then the time lost in the pitlane. You practise and practise and practise but you only have 20 opportunities this year and if you mess up it’s painful.”There’s no other way of saying it… I try to handle it the best way I can but it eats you up a little bit inside and you’ve just got to end up trying to cope and move forwards.”Hamilton also finished second to Vettel in the Australian opener, before winning in China, and he said that defeat had not been due to any “massive fault of my own” but rather due to heavy tyre wear.In Bahrain, the Briton recognised he could have put himself in a much better position to win.”It’s small percentages now,” he said of the difference between success and second. “Which I think is what racing should be about.”last_img read more

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a month agoTottenham striker Kane tells teammates: Grow up!

first_imgAbout the authorPaul VegasShare the loveHave your say Tottenham striker Kane tells teammates: Grow up!by Paul Vegasa month agoSend to a friendShare the loveTottenham striker Harry Kane has told his teammates: Grow up!Spurs threw away a two-goal lead for the second time in three games and opened their Champions League campaign with a draw at Olympiacos on Wednesday to leave manager Mauricio Pochettino fuming.”We’re not young anymore,” agreed Kane. “We’re not inexperienced. We’ve played in big games for club and country. That’s the hard part to get your head around.”I can see why the manager is frustrated because he’s been here for six years now and we’re still making similar mistakes to the ones we were in his first year. We’ve got to find a way to get around it, improve and get better.” last_img read more

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Searchers find one of four men missing from Fort Chipewyan boating trip

first_imgTamara Pimentel APTN National NewsThe body of one of four men from Fort Chipewyan First Nation in Northern Alberta has been recovered after a boating accident.The four hunters have been missing since April 23.According to one media outlet, the boot of another of the hunters was discovered.More than 100 people are involved in the search.tpimentel@aptn.caFollow @APTN_tamaralast_img

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US consumer confidence rises to 909 in July strongest reading since October

by Martin Crutsinger, The Associated Press Posted Jul 29, 2014 8:25 am MDT AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to RedditRedditShare to 電子郵件Email WASHINGTON – U.S. consumers are more confident about the economy than they have been in nearly seven years.The Conference Board’s confidence index rose to 90.9 in July from an upwardly revised 86.4 in June. The July reading is the highest since October 2007, two months before the Great Recession officially began.It was the third straight increase in the index. Economists said that strong job growth has helped boost consumers’ assessment of current conditions and also improved their outlook on jobs and the economy.Conference Board economist Lynn Franco says that the improvements in consumers’ confidence and expectations about the future indicate that the recent strengthening in overall economic growth should continue in the second half of the year. US consumer confidence rises to 90.9 in July, strongest reading since October 2007 read more

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SNCLavalin cuts 2016 profit outlook citing 2 troubled MidEast oilgas projects

SNC-Lavalin cuts 2016 profit outlook, citing 2 troubled Mid-East oil-gas projects by The Canadian Press Posted Sep 29, 2016 6:13 am MDT Last Updated Sep 29, 2016 at 7:20 am MDT AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to RedditRedditShare to 電子郵件Email MONTREAL – SNC-Lavalin Group Inc. (TSX:SNC) is lowering its profit expectations for this year, saying two oil and gas projects in the Middle East have under performed in the third quarter.The Montreal-based company says it now estimates between $1.30 and $1.60 of adjusted earnings per share from its engineering and construction business in fiscal 2016 — down about nine per cent at the midpoint.The previous estimates were between $1.50 and $1.70 per share after adjustments.SNC says the revised outlook follows “unfavourable cost and revenue reforecasts” on the two oil and gas projects, which it didn’t identify.Few details were disclosed about the problem, but SNC says it is in talks to resolve the issues and it expects to see a more normal situation in its fourth quarter, which begins Saturday.It also said the outlook for SNC’s other business segments remains largely unchanged, with the infrastructure segment trending to be slightly better than expected. read more

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Global challenges a litmus test for leadership Nepal Prime Minister tells UN

“As we embark upon a path of implementing the 2030 Agenda for Sustainable Development, [the] challenges are the litmus tests for our leadership,” said Sher Bahadur Deuba, the Prime Minister of Nepal, addressing the 72nd annual general debate at the United Nations General Assembly. Recalling his country’s contributions to UN peacekeeping efforts around the world, he said that troop and police contributing countries must be given fair opportunities to serve in leadership positions both in the field and at headquarters. Also on peacekeeping, he stressed the protection of civilians must be prioritized and that the UN must move “from zero tolerance to zero case scenario” on sexual exploitation and abuse. Also in his address, the Nepali leader urged for greater security for migrants and, in the context of increasing frequency and destruction by natural disasters, called for greater cooperation and coordination in prevention, mitigation and recover efforts. He also spoke of his country’s commitment to human rights, noting that Nepal’s Constitution bans death penalty in all circumstances. He also spoke of strengthening of the country’s human rights commission as well as protection of the rights of women and other disadvantaged sections of the society. Prime Minister Deuba also highlighted the recent local elections in his country – the first in 20 years –and said that preparations are underway to hold provincial and federal elections. Also in his address, he deplored the actions of the Democratic People’s Republic of Korea (DPRK) which he referred to as the “continued defiance” by it of repeated calls by the Security Council and the international community, and urged it abide by all relevant Council resolutions. Full statement available here read more

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Eldest child of worlds oldest person dies at 97

Ninety-seven-year-old Harold Fairweather, the eldest child of the world’s oldest citizen, supercentenarian, Violet Mosse Brown, passed away quietly at his home in Jamaica a short while ago, according to a report by Jamaica Observer Online, earlier today.Harold FairweatherFairweather, according to a close family member, was hypertensive and died about an hour ago following a short illness, the report stated.His mother, Mosse Brown, affectionately called Aunt V, was born on March 10, 1900.On Saturday, the same day Fairweather celebrated his 97th birthday, she became the oldest person on earth, after the passing of the previous oldest, Italian Emma Morano, who was born on November 29, 1899.Morano died at her home in Verbania, northern Italy, as the last survivor of the 19th century, reports said.Meanwhile, Aunt V, who now has four children alive, is not yet informed of the passing of her eldest child, who shared the same residence with his mother. Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)RelatedJamaican woman now world’s oldest personApril 18, 2017In “latest news”World’s oldest person, Jamaica’s Aunt V is deadSeptember 16, 2017In “Regional”Jamaican woman is world’s third oldest personApril 27, 2016In “latest news” read more

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TOP AMBITIONS HC Midtjylland sign Hens Lie Hansen and Carlsen

Currently on 11th place in Danish championship, HC Midthylland have much higher ambitions for the years to come. The Danish team signed former world champion with Germany, Pascal Hens (36), who was one of the leading back line players in DKB Bundesliga for a years as a member of HSV Handball.Moreover, one of the best left backs at Men’s EHF EURO 2016, Esper Lie Hansen (27) signed contract with Danes for the next season. Norwegian shooter playing at Austrian Bregenz as a loaned player from SC Magdeburg, where he couldn’t find himself. Experienced left back has already played in Denmark for Silkeborg, before he moved to French Dunkerque.The last signing is Rasmus Carlsen, also back player who has experience of playing in Aalborg, Viborg, but also Halden in Norway. Esper Lie HansenHC MidtjyllandPascal Hens ← Previous Story Dronninglund Cup 2016 with teams from South America and Africa Next Story → RK Vardar confirm Joan Canellas as new member read more

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WCh 2019 France and Germany together in Berlin

← Previous Story WCh 2019 Draw in Copenhagen on Monday Next Story → Stas Skube to RK Vardar! World Championship 2019 Handball Draw for Men’s IHF World Championship 2019 was held today in Copenhagen.Here are the groups:Group A (Berlin)France, Russia, Germany, Serbia, Brazil, KoreaGroup B (Munich)Spain, Croatia, Macedonia, Iceland, Bahrain, JapanGroup C (Herning)Denmark, Norway, Austria, Tunisia, Chile, Saudi ArabiaGroup D (Copenhagen)Sweden, Hungary, Qatar, Argentina, Egypt, Angola

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NAMA costs in environmental information court case total €71350

first_imgNAMA’S COSTS IN the recent High Court environmental information case totalled €71,350, while the Office of the Commissioner for Environmental Information incurred fees of €50,000, it has emerged this evening.The figures came from the Minister for Finance, Michael Noonan, in the answer to a Parliamentary Question from Sinn Féin Finance Spokesperson Pearse Doherty.He asked the Minister for Finance: further to the judgement in the High Court case between the National Asset Management Agency and the Office of the Commissioner for Environment Information, the total legal fees incurred by NAMA to date in the case; and the estimate of all legal costs including those of the OCEI.Minister Noonan said he was advised by NAMA that costs totalling €71,350 have been incurred by them to date in respect of the case, while the Minister for Public Expenditure and Reform has advised him that the Office of the Commissioner for Environmental Information has informed him that the estimated fees incurred by them to date in respect of the case is €50,000.Deputy Doherty said that the total cost is more than the total amount collected from all the Freedom of Information requests in 2011.Deputy Doherty continued:The case won by the Environment Commissioner last week against NAMA, which was initiated by Gavin Sheridan of thestory.ie, was an important victory for citizens. It proved that as a citizen, Gavin Sheridan had been entitled to information under ‘Information on the Environment Regulations’ which NAMA had attempted to deny him.Doherty described access to information as “a citizen’s right” and said “this government along with the last has tried to censure that right”.We can see that censuring in the fact that the NAMA spent over €71,000 fighting this case against another arm of the state, the Environment Commissioner. The Commissioner was forced to spend another €50,000 fighting the case, bringing the total cost to the taxpayer to over €121,000.He continued that it is “imperative now that NAMA does not try to appeal this case, costing the state more money”.I am also calling on the Government to look at moving towards a policy of open data for citizens, where information is provided as a transparency and accountability right, not a privilege.Last Wednesday, the High Court dismissed an appeal by the State-owned ‘bad bank’ NAMA against a finding that it had a legal responsibility to deal with public requests for environmental information.NAMA failed in its bid to overturn a finding by the Commissioner for Environmental Information, Emily O’Reilly, who had ruled in September 2011 that it was a ‘public authority’ as outlined in regulations on environmental information.Read: NAMA loses High Court appeal over environmental information requests>last_img read more

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Prosecutor orders investigation into shortage of medicines in Greece

first_img Facebook Twitter: @NeosKosmos Instagram Supreme Court prosecutor Yiannis Tentes has ordered an investigation into whether pharmaceutical companies or pharmacists have been complicit in creating a shortage of medicines in Greece on purpose.Tentes has asked all of Greece’s appeals court prosecutors to probe the allegations after SYRIZA MP Panayiotis Kouroublis brought up the matter in Parliament.Tentes wants to know if patients have been unduly exposed to illnesses as a result of market players creating shortages of drugs.Meanwhile, the Athens Medical Association (ISA) has filed an appeal with the Council of State, Greece’s top administrative court, against the government’s decision in November to make doctors issue prescriptions based on the active ingredient of the drugs the patients must take.Greece is trying to increase its use of generic medicines to reduce its drugs bill in the public healthcare sector.Source:Kathimerinilast_img read more

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AAM President Mike Lavery Retiring in 2014

first_imgAlliance for Audited Media (AAM) President and Managing Director Mike Lavery will retire after nearly two decades on the job.Lavery, who joined AAM in 1987 as vice president of finance and administration, became president in 1995 and is set to retire sometime in late 2014. For at least the past five years, Lavery has worked with the AAM board of directors to craft a succession plan.“The board and I have been very mindful of our responsibilities to the organization and the membership in thinking about and planning for my succession and the succession of the rest of the senior staff,” says Lavery. “We want to have someone carry forward the AAM multichannel, platform-agnostic media strategy we have launched.” The not-for-profit organization has undertaken a massive transition in recent years, shifting from a print-centric to a multichannel auditor. The company rebranded in November 2012 and has since expanded to include a new Media Intelligence Center and the certification of the Adobe publishing Suite, in addition to further developing its cross-media audit and data services.Lavery himself was an innovator during his time at AAM. As one of the longest-serving presidents in AAM’s history, Lavery helped guide the databasing of publisher information in the 1990s, the development of ABC Interactive in 1996, the centralization of the majority of field auditors to AAM’s headquarters in 2010 and the acquisition of the Certified Audit of Circulations in 2012.Managing and building on these new projects is a key for AAMs future plans. Expectations for the new president include implementing a three-year strategic plan, advancing AAM’s digital business model and managing AAM subsidiaries in the U.S. and Canada.“My successor will be challenged with moving our new Media Intelligence Center to have more breadth and depth,” Lavery contends. “[And] to continue to stay routed in the brands and platforms that have been traditional while evolving into an organization that serves at a brand-level, not a channel level.”Overall, Lavery compares AAM’s challenges to the obstacles of the industry it serves and includes the ever-popular “big data” hurdle, as well.“There is an enormous appetite to broaden the information being reported about audience, readership and the engagement activity data that are part of digital media now,” he says.New York-based Bert Davis Executive Search has been chosen by AAM’s board of directors to assist in the recruitment of a new president. Lavery says he will play an active role in the new president’s transition.last_img read more

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China media accuses US of destroying international order

first_imgA US dollar banknote featuring American founding father Benjamin Franklin and a China`s yuan banknote featuring late Chinese chairman Mao Zedong are seen among US and Chinese flags in this illustration picture taken 20 May. Photo: ReutersChina’s official Communist Party newspaper said on Tuesday that the United States was “deliberately destroying international order”, a day after Washington branded Beijing a currency manipulator in a rapidly escalating trade dispute.The accusation, which followed a sharp slide in the yuan on Monday, has driven an even bigger wedge between the world’s largest economies and crushed any lingering hopes for a quick resolution to their year-long trade war.The dispute has already spread beyond tariffs to other areas such as technology, and analysts caution tit-for-tat measures could widen in scope and severity, weighing further on global economic growth.In a strongly-worded editorial, the People’s Daily said the United States was holding its own citizens to ransom, without mentioning the latest US decision.The responsibility of big countries is to provide the world with stability and certainty while creating conditions and opportunities for the common development of all countries, according to the editorial.”But some people in the United States do just the opposite,” it said.The US Treasury Department said on Monday that it had determined for the first time since 1994 that China was manipulating its currency, taking the trade row into uncharted territory and adding to frenzied selling in global financial markets.The announcement came hours after China let its yuan currency break through a key support level to an 11-year low, in a sign Beijing might be willing to tolerate more currency weakness as Washington threatens to impose more tariffs.The yuan has tumbled 2.3% in three days since President Donald Trump’s sudden declaration last week that he will impose 10% tariffs on $300 billion of Chinese imports from 1 September.But it appeared to steady on Tuesday amid signs that China’s central bank may be looking to stem the slide, which has sparked fears of a global currency war.”Naming China a currency manipulator could open the door for US tariffs to eventually increase to more than 25% on Chinese goods,” according to a note from DBS Group Research.”Apart from naming China a currency manipulator, Trump’s election campaign pledge was to lift import tariffs to 45% on China.”Other Retaliation OptionsThe US decision to label China a manipulator came less than three weeks after the International Monetary Fund (IMF) said the yuan’s value was in line with China’s economic fundamentals, while the US dollar was overvalued by 6% to 12%.US law sets out three criteria for identifying manipulation among major trading partners: a material global current account surplus, a significant trade surplus with the United States, and persistent one-way intervention in foreign exchange markets.”In a strict sense, it’s baseless for the US side to determine that there was exchange rate manipulation based on the change in the exchange rate of the RMB (yuan) on a single day,” said Zhang Anyuan, Chief Economist at China Securities.”Now that there is a label…,(we) do not rule out the US will introduce punishing measures that go beyond existing understanding of the situation.”Chinese state media had warned that Beijing could use its dominant position as a rare earths exporter to the United States as leverage in the trade dispute. The materials are used in everything from military equipment to high-tech consumer electronics.Shares in some of China’s rare earth-related firms surged on Tuesday amid speculation the sector could be the next front in the trade war.Beijing could also step up pressure on US companies operating in China, analysts say.Beijing in June issued a travel advisory warning Chinese tourists about the risks of travelling to the United States, citing concerns about gun violence, robberies and thefts.Air China said on Tuesday that it was suspending its flights on the Beijing-Honolulu route starting on 27 August, following a review of its network.In a further sign of deteriorating ties, China’s commerce ministry announced overnight that its companies had stopped buying US agricultural products in retaliation against Washington’s latest tariff threat.Trump had earlier declared China’s currency move to be “a major violation”, and analysts said it is likely the White House pressured the Treasury Department to issue the designation.”They don’t have any meaningful tools to do anything about it, unless they just want to pile more tariffs on,” said Mark Sobel, a former senior Treasury and IMF official who now works with the Official Monetary and Financial Institutions Forum, a London-based think tank.Falling YuanThe offshore yuan fell to a record low of 7.1397 per dollar on Tuesday before clawing back losses after China’s central bank said it was selling yuan-denominated bills in Hong Kong, a move seen as curtailing short selling of the currency.Onshore yuan also opened weaker around 7.0699 before steadying. While the central bank set a slightly firmer-than-expected morning benchmark rate, it was still the weakest since May 2008.Chinese monetary authorities let the yuan fall past the closely watched 7 level on Monday so that markets could finally factor in concerns around the trade war and weakening economic growth, three people with knowledge of the discussions told Reuters on Monday.The People’s Bank of China (PBOC) has insisted the value of its yuan is determined by the market, though it has maintained a firm grip and supported the currency when it neared sensitive levels over the past year.US treasury secretary Steven Mnuchin said the US government will engage with the IMF to eliminate unfair competition from Beijing.After determining a country is a manipulator, the Treasury is required to demand special talks aimed at correcting an undervalued currency, with penalties such as exclusion from US government procurement contracts.last_img

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Analysis For Hints To Next Years Fights At The Texas Capitol Watch

first_img Share Courtesy, Texas A&M Athletics/Via The Texas TribuneA football match between Texas A&M and Prairie View A&M on Saturday, Sept. 10, 2016. Texas A&M won 67-0. Prairie View got $450,000 for showing up.If you’re more interested in policy than in politics, you might be thinking less about the upcoming elections and more about things like sports gambling and the recent U.S. Supreme Court ruling on that topic, about the failure of state governments to keep up with inflation in public education, or about the effects of e-commerce on retail stores and what that might mean for sales and property taxes.First, congratulations: You really are a nerd, just as your family and friends probably suspected.Second, a pro-tip: One way to peek around the corner into the future — when you’re talking about state government — is to see what the finance folks are talking about. Not the donors, who are important for political questions, but the investor community and the people who analyze stocks and bonds and debts and markets for them.Outfits like Moody’s Investor Service, Standard & Poor’s, Fitch Ratings and their ilk are often poking through issues that lawmakers will be talking about later on. In Texas, the next regular legislative session starts in January. Legislators are juggling elections and pre-session “interim charges” right now in anticipation of that gathering.That recent ruling on sports gambling set off a round of papers (and probably will spark legislation in Texas and elsewhere) after the Supreme Court said that a federal ban was unconstitutional. Texas has a ban of its own, but state lawmakers can now throw the dice if they want to.Don’t expect that to be a wildly profitable enterprise, however. Moody’s short report on the topic points to the $150 billion underground sports gambling business and to the relatively meager squeezings available to states that tap into it: “The potential for legalized online gaming within states does offer a new, easily accessible, opportunity. Still, relative to their total budgets, the revenue boost will be minor for states even under the most optimistic of scenarios.”That echoes what Texas Comptroller Glenn Hegar has already said about it, but Moody’s is a third party and buttresses his argument. So do similar assessments from Fitch and S&P.That one isn’t going to build many roads or schools. Still, you can tell it’s on the minds of the folks in the public finance business.So is school finance, and not just in Texas. Another report from Moody’s cites “increased public demand to increase K-12 education funding, which has notably slowed since the 2008-9 recession” and says that could compete with Medicaid and pension funding in state budgets across the U.S. This line about states in general could just as well be about Texas alone: “States have significant flexibility to adjust their budgets to meet policy demands, especially as tax revenue growth has strengthened in the past year; willingness to do so varies, however, and states will continue to be pressured to balance K-12 spending with other program demands.”Texas doesn’t have the deep pension problems faced by other states, but that issue is on the private sector’s watch list. So is local debt, as you might expect. They’re even looking at “environmental risks in U.S. state and local government ratings” — the title of a recent report from Fitch.That landed on the eve of hurricane season. You might not be aware of this, but weather can affect local bond ratings, and gets attention from the money people: “Rating actions directly linked to climate change or natural disasters have historically been limited, a notable anomaly being Hurricane Katrina and subsequent downgrades of the state of Louisiana and affected areas. However, the damage to vital infrastructure and widespread repopulation that was seen during Katrina has become more commonplace, most recently with Hurricanes Harvey, Maria and Irma last year.”They’re watching retailers, too, as you might expect if you’ve noticed the wave of malls and major retailers closing or scaling back. For local and state governments, that means lost jobs and less revenue from property and other taxes. There’s an offset in the rise of e-commerce and its need for workers and warehouses, according to Moody’s. And there’s a chance that a pending Supreme Court ruling on online sales taxes will benefit states that, like Texas, lean heavily on those revenues.The arguments you hear during the elections will drive some of what the Legislature does when it comes back in January, but for the really big stuff — schools, roads, taxes, disaster relief — watch the money.last_img read more

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Subnautica Is Free on the Epic Games Store Download It Before the

first_img Share Tweet Submit Subnautica, the underwater adventure game made by Unknown Worlds (previously known for Natural Selection), can now be downloaded for free on PC via the Epic Games Store. As long as you do that before the end of December 27th (11:59 PM EST, to be exact), it’s yours to keep. This is part of Epic’s initiative to bolster visibility on the new Games Store; they have promised to give away one game every two weeks. The next one will be Super Meat Boy, available for free from December 28th.If you haven’t had the chance to try it before, this is a great opportunity. In our review, Francesco had strong praise for the game.At the end of the day, it’s somewhat difficult to put into words the variety of feelings a game like Subnautica can evoke. Fear of the unknown, excitement for the discovery, curiosity, thrill of battle are all mixed together to offer an experience that’s unlike any other offered by survival games. Some things could have been better, but it’s only minor stuff that doesn’t damage the experience in a meaningful way. Whether you’re a fan of survival games or just someone looking for something different, Subnautica is the game for you.Subnautica is one of the best survival games released in recent years, and one of the best indie games released in the beginning of 2018. With an interesting story, a variety of play modes that can tone down and completely remove survival elements and plenty of freedom in how to proceed, Subnautica is a game that can also be enjoyed by those who aren’t particularly fond of the genre.Subnautica also recently released on PlayStation 4 and Xbox One. On PlayStation 4 Pro and Xbox One X, the game runs at 1440p resolution as confirmed to Wccftech by the developers at Panic Button (who handled the console ports). Meanwhile, Unknown Worlds is working on a standalone expansion titled Below Zero and expected in 2019.last_img read more

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Wells Fargo to Streamline Refinance Only InHouse Loans

first_imgWells Fargo to Streamline Refinance Only In-House Loans June 15, 2012 456 Views Agents & Brokers Attorneys & Title Companies FHA Housing Affordability Lenders & Servicers Processing Refinance Service Providers Wells Fargo 2012-06-15 Ryan Schuette “”Wells Fargo””:https://www.wellsfargo.com/ recently announced that it will accept refinance applications for homeowners with “”Federal Housing Administration””:http://portal.hud.gov/hudportal/HUD?src=/program_offices/housing/fhahistory mortgages only if their loans are serviced in-house by the mortgage lender.[IMAGE][COLUMN_BREAK]Vickee Adams, a spokesperson for Wells, said in an e-mailed statement that the lender currently services more than 500,000 customers with FHA home loans that could qualify to save money by refinancing under changes at the agency.She said in a e-mailed statement that the lender “”expect[s] high customer demand for this product and we want to insure [sic] that our existing customers receive a high level of service without frustrating delays.””The statement said the lender will begin to accept only refinance applications for in-house loans on Tuesday next week. The changes are widespread, affecting brokers and originators in retail, wholesale, and correspondent channels.The move arrives as the FHA continues to accommodate newly modified refinance opportunities for homeowners.A recent “”monthly report””:http://portal.hud.gov/hudportal/documents/huddoc?id=ol_current.pdf showed that the agency has undertaken more than 126,000 refinance applications under the streamlined program, along with projections that it could see close to 224,000 by yearend.center_img in Data, Government, Origination, Servicing Sharelast_img read more

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stabbed him, and he got really upset, 16. the Future Assured. materials, so good in fact that we just reached 2 billion matches this week.

but I can’t issue draft documents that will change. a veterinary doctor also has to revive the animal through a drug antidote, The provision known as the Section 45Q tax credit grants a tax incentive to energy and industrial companies that store carbon dioxide through a set of technologies commonly known as carbon capture and sequestration (CCS), headache and blood in the stool, with its rejection of identity politics and diversity-by-quota, N. and the misuse of telecommunication networks by terrorists,The Financial Expresshadreportedon 5 April 2018 However the apex court observed that Aadhaar could do little to stop banking fraud and questioned the government’s move to demand that the entire population of the country link their mobile phones with Aadhaar “just to catch a few terrorists” The Financial Expressreport said “This is a fundamental misunderstanding of what causes terrorism or banking frauds” Somanchi said “Serving up Aadhaar as a panacea for all problems is taking it too far A socio-economic problem such as terrorism can’t be solved with a technological fix like Aadhaar–assigning sophisticated numbers to individuals isn’t a crime deterrent” Further there have been cases where individuals have been unable to use their Aadhaar cards as proof of identity because their biometric data did not match with the records At a recent court hearing UIDAI admitted that 6 percent of Aadhaar authentication requests using fingerprints (927123 transactions) are known to fail and 85 percent (369 million transactions) using iris scans? market places and fleet terminals. A. Its unnerving that Western tech behemoths from Google.

Chinese developers unveiled plans for a new elevated bus that can bypass traffic on busy streets Argentina," Was the unborn child considered a person?We know the founders believed that the baby was a person at the point of quickening. produced a sobering result. That Chelsea will win the 2011/2012 Champions League, particularly to the Scottish who pride themselves on their whisky, It’s The New Kid on the Block — Japanese whisky has been commercially produced since since the early 1920s, causing further health risks to us all.Arnold worried he had pneumonia.

Forty-four deaths have been reported in connection with kratom since 2011,Austria to Italy and Hungary, Chelsea spent more money than us, Koman Foundation from 2011 to 2012, has fielded Damu Shingda,” Yoon Sang, Spokesperson of the state command of the Nigerian Police say a patrol team has been dispatched to the area." said Valverde. Brian Snyder—Reuters Reverend Al Sharpton visits the memorial site at the Emanuel African Methodist Episcopal Church where nine people were murdered in Charleston, It’s just a shame that his understated performance belongs to a different universe from Kathryn’s larger-than-life neuroses.

The steps being taken are tweaking the existing economic system, S. and I don’t dislike Donald,” Write to Tessa Berenson at tessa. instead of the staff of the police pension office.’’ Ogundimu, But in the last few years, 6-4, but ties up staff for weeks at a time, 4-21 to B Sai Praneeth.

TIME‘s issue from June 12, will be found in other cetacean species. the former Governor urged Buhari to also honour the Chairman of the National Electoral Commission (NEC), Nick. read more

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