first_imgAl Rayyan in talks for Atletico Madrid striker Diego Costaby Carlos Volcano23 days agoSend to a friendShare the loveAtletico Madrid striker Diego Costa has emerged as a shock transfer target for Qatar side Al Rayyan.The Spanish bad-boy looked set to leave Diego Simeone’s side for the second time in August after the arrivals of Joao Felix and Alvaro Morata.The 30-year-old’s relationship with club bosses also deteriorated after he was handed an eight-match ban by La Liga authorities for verbally abusing a referee last term.But now Costa has been the chance to reinvigorate his career in the Middle East with Al Rayyan holding negotiations with Atletico, says AS.The Qatar-based outfit view the Brazilian-born striker as a viable alternative to Juventus forward Mario Mandzukic after they failed to land the Croatian this summer. TagsTransfersAbout the authorCarlos VolcanoShare the loveHave your saylast_img read more


first_imgKolkata: The School Service Commission (SSC) on Monday lodged a complaint at the local police station against Arijit Das, who stepped into the SSC office with a fake verification letter on Monday morning.Das, a resident of Nandigram in East Midnapore, entered into the office and told the staff members that he was carrying a verification letter that says his interview for Group D’s post would be conducted at table number 29 on August 26. The matter was immediately brought to the attention of SSC Chairman, Soumitra Sarkar, who went through the verification letter and found it fake. Also Read – Bengal family worships Muslim girl as Goddess Durga in Kumari PujaHe immediately called up the local police station and lodged a complaint later on the day with the cyber crime department. Das sat for the Group D exam in 2016 but failed to clear the examination. Das claimed that he was introduced to Bikram Mondal by a person in his locality in 2018. Mondal claimed himself to be an employee of the SSC office and assured Das a job at the SSC office in the Group D post. Das had paid Rs 2.5 lakh to Mondal. Das also promised to pay another Rs 1.5 after he gets the job. Also Read – Bengal civic volunteer dies in road mishap on national highwayDas was held by the Bidhannagar police for further interrogation. Police have started a detailed probe. “I went through the verification letter and found that it to be fake. The website mentioned on the letter is also fake. I immediately rang up the police station and lodged an official complaint. We have no such table as it was mentioned on the fake letter. It was an attempt by some people to malign the SSC office,” SSC Chairman Sarkar said.last_img read more


first_imgATLANTIC CITY, N.J. – Former Fox News Channel anchor and 1989 Miss America Gretchen Carlson was named chairwoman of the Miss America Organization’s board of directors Monday, and three other past pageant winners will join her on the board.The new leadership comes less than two weeks after leaked emails surfaced showing CEO Sam Haskell and others disparaging the appearance, intellect and sex lives of former Miss Americas. Haskell resigned Dec. 23, along with two other top leaders.The selection of Carlson marks the first time a former pageant winner has served as the leader of the nearly 100-year-old organization. The organization also announced the appointments of three other past Miss Americas: 2012 winner Laura Kaeppeler Fleiss, 2000 winner Heather French Henry and Kate Shindle, who won in 1998 and now serves as president of the Actors’ Equity Association. Their appointments take effect immediately, as does Carlson’s.“Everyone has been stunned by the events of the last several days, and this has not been easy for anyone who loves this program,” Carlson said in a statement issued by the Miss America Organization. “In the end, we all want a strong, relevant Miss America and we appreciate the existing board taking the steps necessary to quickly begin stabilizing the organization for the future.”Carlson said she and the new board would immediately work with all Miss America stakeholders, including the organization’s state executive directors and former state titleholders, “to continue an ongoing inclusive and transparent process to identify additional new board members and management.”The new board also looks forward to working with the organization’s many sponsors, “seeking input while creating a viable, forward-looking Miss America Organization for this and future generations of young women,” Carlson said.In the emails published last month by the Huffington Post, pageant officials ridiculed the appearance, intellect and sex lives of former Miss Americas. One email used a vulgar term for female genitalia to refer to past Miss America winners, another included a wish that a particular former Miss America had died and others speculated about the number of sex partners former Miss America Mallory Hagan has had.The ensuing uproar led to the resignations of Haskell; the group’s president, Josh Randle; board chairwoman Lynn Weidner, and another board member.The emails already cost the pageant its television production partner and raised questions about the future of the nationally televised broadcast from Atlantic City’s Boardwalk Hall the week after Labor Day each year.Dick Clark Productions cut ties with the Miss America Organization over the emails, calling them “appalling.”last_img read more


first_imgEvents are free except for the Paint Night to cover fees for the supplies.“This is a celebration and everybody is welcome to attend and enjoy themselves,” said Trudeau TUMBLER RIDGE, B.C.- Is home to the week-long celebration of winter, there are planned daily events that offer something for everybody to do.The Winter Carnival is an initiative by Council that was created after the 2010 Olympics, since that time this event is greatly appreciated and welcomed by the community. With Tumbler Ridge being a Northern community and surrounded by recreation, Council wanted to continue the event every year shared Roxanne Trudeau, Coordinator of Programming District of Tumbler Ridge.The week-long event starts on January 21st, 2019 and runs through until January 26th, 2019, by involving local non-profit groups and other groups from the community to help run the events. last_img read more


first_imgKolkata: The Calcutta University (CU) has started work to renovate all the buildings on its main campus at College Street in a bid to ensure proper conservation of all these buildings as per its heritage value. The state Public Works Department which is executing the work has consulted the West Bengal Heritage Commission (WBHC) and the entire process of renovation is being supervised by Partha Ranjan Das, heritage conservation architect of WBHC. Also Read – Bengal family worships Muslim girl as Goddess Durga in Kumari Puja”The main purpose of preservation of heritage is to renovate the buildings in a way so that they maintain the look it had during its inception. Temporary constructions have come up inside the buildings here and there from time to time which does not go with the heritage. We are removing all encroachments that are deterrent to the heritage,” said Sonali Chakravarti Bannerjee, vice chancellor of Calcutta University. The verandahs of the buildings had turned into an eyesore with rooms for officers, attached toilets and similar constructions blocking the actual look of the balconies of heritage building. The four buildings that are being given a facelift are Asutosh Building, Darbhanga Building, Centenary Building and the Hardinge Building. Also Read – Bengal civic volunteer dies in road mishap on national highwayThe Darbhanga Building erected in 1912 houses university offices, including the chambers of the Vice-Chancellor, the Pro-Vice-Chancellor for Academic Affairs, the Registrar and the Controller of Examinations. The Asutosh Building unveiled in 1926 accommodates the postgraduate language and literature departments and the department of commerce. The Senate House that was erected in 1872 and was the first habitation of the varsity was demolished in 1960. It used to provide the venue for Senate meetings, the chamber of the Vice-Chancellor, offices of the Registrar and also examination and lecture halls. Elaborating on the renovation work, Kanakendu Sinha, superintending engineer (Presidency Circle) of the state PWD, said the work begun with through examination of the strength of the buildings. The Darbhanga Building was found to be in a weak condition with many old furniture, papers being dumped at the top floor of the building. “Most of these things being very old hardly had any value and were highly risky in terms of fire vulnerability too. All these things were brought down to reduce the load at the top before taking up the work. The university authorities had provided us with maps, drawings and similar material of the inception days which have helped us immensely in execution of the work,” Sinha said. The syndicate hall of the university has already seen a major facelift with air conditioning and video conference facilities. The photographs of 51 chancellors of the varsity till date has also been restored and put up on the wall of the syndicate room. The work that had started in the middle of 2018 is expected to be completed in the next four to five months. “After the completion of the work on this campus we will undertake work to renovate our Rajabazar Science Campus which is also another heritage building,” the Vice-Chancellor said.last_img read more


Ohio State answered one big question Wednesday among several uncertainties about the upcoming 2011 football season: Who will coach while Jim Tressel is suspended? Luke Fickell. OSU announced Wednesday that co-defensive coordinator and linebacker coach, Fickell, has been promoted to assistant head coach. Fickell will serve as interim head coach during Tressel’s five-game suspension to start the season. Fickell will retain his role as linebackers coach and co-defensive coordinator, OSU athletic director Gene Smith said in a press release. “I am humbled and excited about the opportunity,” Fickell said. “I’m truly proud to be able to stand up here and accept this role.” Fickell spoke to reporters, but offered few details on how the coaching roles would change for next year. “We coach by committee. It never has been, never will be about one person in particular,” Fickell said. “This is still Coach Tressel’s team.” Fickell spoke about the struggles that will come along with Tressel’s five-game absence. “It will be difficult,” Fickell said. “We have to know whose team it is. It’s our team. It’s the seniors’ team.” Tressel acknowledged that it will be hard. He said OSU deserves his time 24 hours a day, seven days a week. “This year,” he said, “it may be 24/6.” Fickell is a Columbus native and a 1997 graduate of OSU. He played nose guard for the Buckeyes from 1992–96. He redshirted his first year and started the remaining four. Fickell said he was honored to have this kind of opportunity at his alma mater. This is Fickell’s 10th year on staff at OSU, with his responsibilities ranging from overseeing the punt team to being co-defensive coordinator. “A final version of Fickell’s updated contract has not been completed,” the university said in a press release. The university suspended Tressel for five games for not reporting known NCAA violations to superiors. Terrelle Pryor and four other players received improper benefits by selling memorabilia and receiving discounted tattoos in 2009. Athletic department spokeswoman Shelly Poe said OSU is awaiting the results of an ongoing NCAA investigation, and no questions regarding the investigation could be answered. Poe also acknowledged that the university has become aware of allegations from an HBO “Real Sports” report that former recruit Anthony McClover said he received sexual favors while on an official team visit in 2003. Poe would not say whether OSU would be investigating this and that said the university will not comment on the matter until more information is known. Tressel took the opportunity at the spring practice press conference to again publicly apologize. “The largest regrets I’ve had, have been when I’ve disappointed people, when I’ve let people down,” Tressel said. “The mistakes I’ve made are very disappointing. Certainly, I‘m sorry for that. Tressel said he has received encouragement from many people throughout the ordeal. “The strongest inspiration I’ve gotten has been from our tremendous administration, our staff and most especially, our team,” Tressel said. OSU will begin spring football practice today, and Tressel said he is looking forward to how the new team is going to look. “We’re excited that spring begins tomorrow. We begin that focus on these 2011 Buckeyes,” he said. “It’s going to be a little different team; there are a lot of new faces.” read more


first_imgLongmere/Forest Lane area in Soldotna. 300+ without power. Cause still unknown at this time. Facebook0TwitterEmailPrintFriendly分享7:45 Update from HEA: Original Post: Homer Electric Association is reporting an outage between Soldotna and Sterling.center_img According to the HEA outage map roughly 350 customers are currently without power out towards Sterling near St. Theresa Road. Crews have been notified of the outage- Updates will be posted as they are made available. The cause at this time is unknown.last_img read more


first_imgThe Reserve Bank of India (RBI) on Friday fixed the reference rate for the US dollar at 50.0150 rupees and the euro 66.1776 rupees.The corresponding rates of dollar and euro for the previous day (March 7, 2012) were 50.5733 rupees and 66.4959 rupees respectively.Based on the reference rate for the US dollar and middle rates of the cross-currency quotes, the exchange rates of British pound as against the rupee is 79.0087 as against 79.5670 on the previous day (March 7, 2012) and that of Japanese yen is 61.31 as against 62.63 the previous day.last_img read more


first_imgBangalore-based pharmaceutical company Biocon on Thursday reported its result for the first quarter of the financial year 2016-17. The firm’s net profit rose 35 percent to Rs. 166.6 crore as compared to Rs. 123.9 crore during the same quarter in the last financial year, the company said in its regulatory filing to the Bombay Stock Exchange. Biocon’s consolidated net revenues for the June quarter rose 21 percent to Rs. 982 crore as compared to Rs. 813.9 crore during the same time in the previous fiscal. “Our strong performance this quarter has been driven by an all-round growth of our business across small molecules, biologics, branded formulations and research services,” Kiran Mazumdar-Shaw, the Chairperson and Managing Director of Biocon, said. Biocon’s Biologics business delivered a growth of 53 percent, which was driven by the sales of Biosimilars in emerging markets. The company’s insulin business also got a boost with the launch of its Insulin Glargine in Japan.Biocon has received regulatory approvals from the ministry of health, Malaysia, for rh-Insulin and Glargine, which would enable commercialisation of these products.”We are on track for filing some of our Biosimilars and Generic Formulations in the developed market later this year,” Shaw added.The company’s net sales for the quarter that ended on June 30 was recorded at Rs. 972 crore as against Rs. 757 crore during the corresponding quarter in the previous fiscal.The Biocon Limited stock was trading at Rs. 745.10 at around 10:18 a.m. on Friday, up 6.22 percent from its previous close on the BSE.last_img read more


first_imgDubai International Airport continued to be the world’s busiest airport in 2016 with traffic of 83.6 million passengers, even though the number fell short of the estimated 85 million passengers, Dubai Airports authorities said on Tuesday.Also read: Demonetisation did not affect foreign tourist arrivals in DecemberAnnual traffic rose 7.2 percent in 2016 on account of new routes launched and an expansion of existing markets. India remained Dubai’s single largest destination country in 2016 with 11.4 million passengers, up 10.1 percent. Indian carriers such as Jet Airways, SpiceJet and Air India also started new services to Dubai, while Nepal Airlines and Russia’s Rossiya Airlines also started flights to the Gulf destination. The airport is expected to have 89 million passengers in 2017, 6.5 percent more over 2016’s. Paul Griffiths, the CEO of Dubai Airports, said that the figure would show Dubai is “closing the gap on Atlanta and Beijing for the top spot in overall traffic.” Dubai International Airport overtook London’s Heathrow as the world’s busiest airport for international traffic in 2014. The addition of 11 new passenger destinations by local carriers, including Emirates and flydubai, lifted passenger traffic through Dubai airport, the operator said. On January 22, Dubai Airports said that passengers travelling through Dubai International Airport (DXB) will be treated to live performances from CATS the Musical as part of its ongoing initiative #musicDXB. Selected cast members from Andrew Lloyd Webber’s globally-renowned musical – running at Dubai Opera from January 16 until January 28 – will perform two shows for #musicDXB on January 24, at 1 pm (B-Gates) and 2.15 pm (A-Gates) at the airport. Performers in the shows will include Joanna Ampil, a popular musical theatre actress from the Philippines. According to the data released by the Directorate General of Civil Aviation, India’s civil aviation regulator, last week, Air India, IndiGo, SpiceJet, Jet Airways, Go Air, AirAsia India and Vistara flew about 95.2 lakh (about 9.5 million) passengers during December last year, an increase of 23.10 percent over the corresponding month in the previous calendar year. In full-year 2016, domestic carriers flew about 998.88 lakh passengers between the January to December period, while 810.91 lakh passengers flew in the same time period in the previous year (2015).last_img read more


first_img 00:00 /15:00 Listen Lara Cottingham/City of HoustonAfter an intruder called authorities, Houston’s animal shelter rescued a tiger discovered in what was thought to be an abandoned home. To embed this piece of audio in your site, please use this code: Sharecenter_img X If you live in Houston long enough, you’re bound to hear about some weird stuff — like in February when a tiger was discovered in an abandoned house.Or like last weekend, when a Friendswood man was cited for assaulting a co-worker who spoiled the new Avengers movie.So, in the audio above, we had some longtime Houston journalists share some of their favorite strange — but memorable — news stories from Houston’s past. And here are some highlights:1. A Burglar Feels the Heat — LiterallyC-Bunny/FlickrA classic Pizza Hut restaurant.Longtime television news reporter Doug Miller said one night he happened upon a guy in the police station covered in ashes.The man said he’d wanted a pizza, but the Pizza Hut was closed. And then, two people showed up with a ladder and forced him at gunpoint to crawl down the chimney where he got stuck all night.But Miller says the police were skeptical of the man’s story. The likely true story: the guy had himself tried to break into the restaurant by using a ladder to crawl down the chimney.Either way, the next day, when employees fired up the ovens, he wasn’t too pleased. Eventually they heard his screams, and he was freed.“I thought, ‘You know, next time he wants a pizza he really ought to have it delivered,’” Miller said.2. The Car That Crashed into a House — Where There Weren’t AnyJohn Welsh/FlickrLegendary KTRK-TV news anchor Dave Ward said he and his photographer were driving around one night at about 1 a.m. when a call came over the police radio that a car had crashed into a house.Well, that’s not necessarily all that unusual in Houston. But when they heard the location — Richmond and Kirby — they immediately thought something was off, mainly because there are no houses there.But, when they got to the scene, they saw that there was indeed a house there.“They were moving a house in the middle of the night,” Ward said. “And some drunk staggered out of a bar and crashed his car right into that house.”Ward said he recently ran into the police sergeant who worked the scene that night, who asked him if he remembered that story.“How could I ever forget it?” Ward said. “A lot of things happened in this city — that was one of the most unusual.”3. Looking for “Lurch” in a Fresh Murder SceneWikipedia CommonsThe character “Lurch” from the 1964 TV series The Addams Family.Dave Fehling, News 88.7’s news director and a former television news reporter, recalls responding to the scene of a murder late one night in the early 1990s. It was an old abandoned house near downtown.“If you had to come up with the classic haunted house look that’s what this house was,” Fehling said.Detectives were looking for a suspect whose nickname was “Lurch,” because he was tall and his square-jawed features resembled the butler character of the same name from The Addams Family.After doing some initial coverage at the scene, Fehling and his photographer left. A few hours later they returned, but, by then, detectives were through with the scene and the crime scene tape was taken down. So, he and his photographer went inside to get some additional footage, where they saw what you’d expect to see at a murder scene.But then something struck them.“I look at the photographer, and he looks at me, and it’s like we realized they haven’t caught this guy Lurch yet,” he said. “And we’re out here — no one knows we’re in here — and who knows maybe he’s hiding in the crawl space or something.”So, both Fehling and his photographer hightailed it out of there.“That’s one of the strangest stories I think I ever covered,” he said.4. The Astronaut on a Strange MissionRed Huber/APFormer astronaut Lisa Nowak appears in court in 2007.In 2007, astronaut Lisa Nowak was arrested after driving some 900 miles from Houston to Orlando to confront her romantic rival.Found in her car was a BB gun, a trench coat, some rope, trash bags, a knife, and a black wig. Court documents said she wore special astronaut diapers so she wouldn’t have to stop to use the bathroom on the drive. Nowak later denied that.Longtime News 88.7 reporter and producer Laurie Johnson said that story stands out to her especially because of the typical reputation of NASA astronauts.“A crime committed by an astronaut was unheard of,” Johnson said. “So, this was huge, and everybody was talking about it around the world.”A movie loosely based on Nowak’s story starring Natalie Portman is scheduled for release this year.5. The Case of the Cheerleader MomDavid Scarbrough/APIn 1991, Wanda Webb Holloway was convicted of trying to hire a hit-man to kill the mother of her daughter’s cheerleading rival.In 1991, Wanda Webb Holloway wanted her daughter to make the cheerleading squad in Channelview so badly that she plotted to have the mother of her daughter’s rival killed. The plot was foiled, Holloway went to jail, and a TV movie was made about the case.Former News 88.7 news director Paul Pendergraft said the story checked all the boxes of Texas stereotypes — big hair, cheerleading, and murder-for-hire.“It was just a bizarre, strange story that made national headlines and certainly gave us a bit of a black eye in this part of Texas,” Pendergraft said.last_img read more


first_imgKolkata: The body of a 14-year-old school student was found from a mustard field at Purbasthali in East Burdwan.The deceased identified as Arshad Shaikh was missing since Monday. On Tuesday, locals saw his body and reported the matter to the police. According to them, Arshad’s father stays outside state due to his profession. As his mother died when he was an infant, Arshad used to stay with his maternal uncle and relatives at Babuidanga, Pachimpara in Purbasthali. He was a student of class VIII in a local school. Also Read – Rain batters Kolkata, cripples normal lifeArshad’s family members said on Monday after returning from school, he went to watch a religious programme in the village. As he did not return within the usual time, the family members started searching for him. Despite searching throughout the night, Arshad could not be located. On Tuesday morning, a search for Arshad was again initiated but no one could trace him. In the evening, some villagers located Arshad’s body on the bank of a canal beside a mustard field not far from his home. Also Read – Speeding Jaguar crashes into Mercedes car in Kolkata, 2 pedestrians killedHis family members and police were informed accordingly. Cops reached the spot and faced agitation by the villagers. Later, senior police officials went there and assured villagers that steps would be taken accordingly. Sources informed that several injury marks could be seen on Arshad’s body. His face was partly smashed. Police have started a murder case against unknown person/s on the basis of a specific complaint lodged by Arshad’s uncle Raju Shaikh. The sleuths are suspecting that Arshad may been murdered over some family enmity. To find out the possible motive, cops are questioning Arshad’s family members and people, who are close to Arshad and his family. “Probe is on. All possible aspects will be looked into,” said a senior police officials.last_img read more


first_imgKolkata: Two renowned confectioneries in Kolkata have been asked to maintain hygiene during their cake mixing process.On Tuesday, Deputy Mayor of Kolkata Municipal Corporation (KMC) visited the two confectioneries and found their factories and shops to be unhygienic. The process of serving food is also not safe. According to Ghosh, KMC inspected several bakeries and confectioneries as Christmas and New Year are knocking on the door. Citizens usually buy cakes from these renowned confectioneries to celebrate the festive season. Also Read – Rain batters Kolkata, cripples normal lifeHe also informed that a total 23 bakeries and confectioneries has been marked for having an unhygienic environment. They will served improvement notice on Wednesday. If they do not comply as per the notice and follow the rules mentioned in the Food Safety and Standards Act properly, steps would be taken. “We found two renowned confectioneries where workers work with bare hands. We told them to use gloves. But one of the owners said it is not possible to properly mix cake using gloves. If gloves cannot be used then they should sanitise there workers in a proper way,” said Ghosh. Deputy Mayor instructed the bakeries and confectioneries to use gloves while serving as well. The utensils for keeping food should be sanitised accordingly.last_img read more


first_imgTags: Delta Air Lines, JetBlue, Trend Watch, United Airlines Friday, November 17, 2017 Share Source: The Associated Press U.S. airlines bump fewer passengers off oversold flights WASHINGTON — Airlines are bumping fewer passengers off oversold planes after taking to heart the public anger over a man being violently dragged from his seat earlier this year.The U.S. Department of Transportation said Thursday that airlines bumped 2,745 passengers between July and September.That is about one in every 67,000 passengers, and it is the lowest rate since the department started keeping track of bumping in 1995.The rate has dropped steadily this year, especially since April when video surfaced of Chicago airport officers yanking a 69-year-old man off a United Express plane to make room for an airline employee.United and other airlines responded by making changes, including raising the compensation paid to encourage passengers to voluntarily give up seats on oversold flights. But the number of volunteers who take cash or a travel voucher is also falling sharply – 74,358 in the July-through-September quarter, compared with 114,119 a year earlier.Spirit Airlines was most likely to bump a passenger in the latest quarter, followed by Frontier and Southwest. Four airlines – Delta, Virgin America, JetBlue and United – bumped no more than one in every 250,000 passengers, according to government figures. Delta was the runaway leader in paying passengers to give up a seat – more than 32,000 in the quarter.More news:  Apply now for AQSC’s agent cruise ratesMeanwhile, for the second straight month hurricanes were blamed for more flight delays and cancellations than a year ago. Hurricanes Irma and Maria disrupted travel in Florida and the Caribbean.The 12 airlines covered in the Transportation Department report completed 83.6%t of flights on time in September, down from 85.5% a year earlier. A flight counts as on-time if it arrives within 14 minutes of the airline’s schedule.Hawaiian Airlines, which benefits from many short flights around the island chain, held on to the top spot. JetBlue Airways had the worst record, with nearly 30 per cent of its flights arriving late.The same 12 carriers cancelled 3.3% of their September flights, up from 0.3% in September 2016.Spirit cancelled more than 10 per cent of its flights in September, and JetBlue cancelled more than 9%. Both have a high percentage of their flights in Florida and the Caribbean. << Previous PostNext Post >>last_img read more


first_imgJuly 28, 2010 Congratulations to the June 20. 2010 graduating workshop participants!! [back from left]: Todd Reibold, Michael Borowski (face obscured- sorry!), Zachary Feirer, Aaron Sherwyn and Fabio Brochetta. [front from left] Chiara Cascella, Alexandra Dahlman, Audry Williams, Rebecca Valencia, Scottie Belissemo and Kylee Cumby. [photo & text: Anita Baker]last_img


first_imgYouTube is reportedly planning to launch a premium music video service later this year. According to a Billboard report, the service will have a free and a premium tier, with the latter to offer unlimited access to a full catalogue of tracks – similar to Google’s existing All Access music subscription service – but with video.The report, which cites unnamed sources, said that the premium version would allow viewers to cache music for offline access and would remove ads.YouTube is currently making a bigger push into the music space with the launch this year of its first YouTube Music Awards show in New York next month.The firm has also experimented in the past with live-streams of music events, like the Coachella festival in California.Last month, All Things D reported that YouTube is also preparing an offline viewing function for mobile YouTube users, which will let people save clips to their smartphone and other devices that they can access for up to 48 hours offline.The report said the videos will still be free, with Google to run ads on the clips.last_img read more


first_imgBy Jeff Clark, Casey Research Inflation is a natural consequence of loose government monetary policy. If those policies get too loose, hyperinflation can occur. As gold investors, we’d like to know if the precious metals would keep pace in this extreme scenario. Hyperinflation is an extremely rapid period of inflation, but when does inflation (which can be manageable) cross the line and become out-of-control hyperinflation? Philip Cagan, one of the very first researchers of this phenomenon, defines hyperinflation as “an inflation rate of 50% or more in a single month,” something largely inconceivable to the average investor. While there can be multiple reasons for inflation, hyperinflation historically has one root cause: excessive money supply. Debts and deficits reach unsustainable levels, and politicians resort to diluting the currency to cover their expenses. A tipping point is reached, and investors lose confidence in the currency. “Confidence” is the key word here. Fiat money holds its purchasing power largely on the belief that it is stable and will preserve that power over time. Once this trust is broken, a flight from the currency ensues. In such scenarios, citizens spend the money as quickly as possible, typically buying tangible items in a desperate attempt to get rid of currency units before they lose value. This process increases the velocity of money, setting off a vicious cycle that destroys purchasing power faster and faster. The most famous case of hyperinflation is the one that occurred in Germany during the Weimar Republic, from January 1919 until November 1923. According to Investopedia, “the average price level increased by a factor of 20 billion, doubling every 28 hours.” One would expect gold to fare well during such an extreme circumstance, and it did – in German marks, quite dramatically. In January 1919, one ounce of gold traded for 170 marks; by November 1923, that same ounce was worth 87 trillion marks. Take a look. (Click on image to enlarge) Inflation was at first benign, then began to grow rapidly, and quickly became a monster. What’s important to us as investors is that the price of gold grew faster than the rate of monetary inflation. The data here reveal that over this five-year period, the gold price increased 1.8 times more than the inflation rate. The implication of this is sobering: while hyperinflation wiped out most people’s savings, turning wealthy citizens into poor ones literally overnight, those who had assets denominated in gold experienced no loss in purchasing power. In fact, their ability to purchase goods and services grew beyond the runaway prices they saw all around them. One can’t help but wonder how the people whose wealth evaporated in Germany during this time felt. In effect, they were robbed by the government – they were on the losing end of a massive transfer of wealth. Of course, there are two sides to the story, as those who held significant amounts of gold and silver were the recipients. We can’t help but speculate about whether most citizens dismissed the idea of inflation during the calm period in 1920-’21. Did respected economists scoff at the idea that Germany could suffer hyperinflation, just before it struck? Did some politicians proclaim that “a little inflation would be good?” Those who today argue that our obscene debt levels, runaway deficit spending, and money-printing schemes are sound strategies and believe they won’t lead to out-of-control inflation might want to rethink those beliefs. We’ve seen this movie before: it doesn’t have a happy ending. The historical record is clear on what happens when countries embark on fiscal and monetary paths today’s leading economies are embracing. If gold’s recent price performance is anything like the calm before Germany’s hyperinflationary storm, this is a time to be accumulating more gold. Keep in mind that hyperinflation is not a rare event. Since Weimar Germany, there have been 29 additional hyperinflations around the world, including those in Austria, Argentina, Greece, Mexico, Brazil, Taiwan, and Zimbabwe, to name a few. On average, that’s one every three years or so. While hyperinflation devastates those who experience it, there is a healing aspect to it. Since the responsibility for this type of disaster lies solely at the feet of government, there may be some Darwinian justice to the way hyperinflation purges the perverse fiscal and monetary imbalances from an economy. After the Weimar Republic hyperinflation, the second half of the 1920s was a strong period for Germany, with low inflation and steady growth. It’s no secret that many currencies around the world, including the US dollar, are choosing the path of inflation. If we were to slip into hyperinflation, there will be disastrous consequences for those unprepared. Given that the US dollar is the world’s reserve currency, the problems would spread to practically every country on earth. Hyperinflation will shake people’s confidence not only in the US dollar, but in the paper currency system as a whole. What will actually come to pass, we don’t know. What we do know is that the measures to cure hyperinflation include tying the currency to a hard asset or even replacing it with one. When creditability in fiat money dissipates, gold may be the only viable option left standing. Again, the investment implication is obvious: continue to accumulate gold. How much is enough? Well, how many ounces do you own in relation to your total assets? Anything less than 5% will not offer you a sufficient level of protection in a high inflationary environment. Another way to look at it is this: how many ounces do you need to cover your monthly expenses? In Weimar Germany, inflation rose uncomfortably for two years – and then pinched harder, spiraling into a destructive hyperinflation for another two. Consider what it would take to maintain your standard of living for a couple years instead of just a couple months. And don’t listen to any government’s ongoing pronouncements of confidence in the current system, along with the mainstream media’s noisy and frequently inaccurate portrayals of the gold market. (For example, these two headlines appeared on the same day: Gold Edges Lower as Worries over Europe Simmer; and Gold Settles Higher on Spanish Bailout Plans.) In a world awash in ignorance about real money, if not deliberate obfuscation, you have to study the relevant history, draw your own conclusions, and stick with them. This example shows how gold can perform during hyperinflation. If that worst-case scenario comes to pass, will the example your family’s finances sets be a positive or a negative one? Don’t let your family be one of the millions slowly being robbed by the US federal government’s policies that are, among other things, eroding the value of its dollar. Start preparing yourself now, and you can not just survive what looks to be ahead – you and your family can thrive. And that, ultimately, is what investing is all about.last_img read more


first_imgHere’s how to write an award-winning movie: pick a random Middle Eastern country with oil… insert conflict that can threaten the oil supply… enter the United States with guns blazing and people dying. Sounds pretty unoriginal, but it’s the plot of the 2005 movie Syriana, which won an Oscar for Best Original Screenplay (go figure). But what’s even more frightening than the limited imagination of Hollywood’s Academy of Motion Picture Arts and Sciences is that the US government has followed this plot line to a T so many times. And it’s not any different this time around. The United States will invade Syria or even Iran, secure the oil supply, and occupy the country for decades to come. Politicians will become richer, innocent people will die, and thinking Americans will have yet another reason to doubt their government. America’s involvement this war around probably won’t be as controversial, because many Western countries have already stated their support for the Syrian rebels. Russia’s support for the Syrian government will definitely stir things up, but we don’t think that will be too big of an issue. In fact, the US has already been training non-Islamist rebels in Jordan and has approved providing lethal arms to this group. Next, watch for the pro-war rhetoric to flare up. It’s almost that time again, when the White House and Congress will say and do anything to get the public riled up enough to happily march to the frontlines or, at the very least, “support our troops kids who are being sent to the desert as cannon fodder.” US Secretary of State John Kerry has accused the Syrian government of destroying evidence in an area believed to be the site of a chemical weapon attack, and (gasp!) Syria has been refusing to allow the UN to investigate the alleged attack sites. All of this sounds just a little bit too familiar for our taste. We all know how much of a problem the Iraq debacle has been for the US government and its budget. In fact, we may just be weeks away from seeing Tomahawk cruise missiles raining on Damascus. As Doug Casey likes to put it, never let a good crisis go to waste. Though Syria is not a major producer of oil, the impact of its civil war can reach far beyond its borders to countries such as Iran, Iraq, and Saudi Arabia. We believe this saber-rattling by the US government is simply another step toward trying to secure the Persian Gulf… and its precious oil resources. Every time the US government does this, oil has the potential to skyrocket—which, while being bad news for most people, is fantastic news for those who are already invested in the sector because it lifts all oil plays, whether in the desert or elsewhere. Right now, we’re monitoring a promising investment that could massively profit from the next Middle Eastern oil crisis. This company’s plans are so secretive that the company’s lawyers would not even allow us a site tour to find out about its next—and quite possibly crucial—drill results. However, as soon as the company breaks its silence, Casey Energy Report subscribers will hear about it immediately, for a chance to jump into what may be the energy opportunity of a lifetime. The critical drill results are only weeks away. If you give the Casey Energy Report a risk-free try today, you’ll be among the select few who will not just survive these turbulent markets, but who could multiply your net assets with just one investment. Click here to find out more. Additional Links and Reads Gas-Rich Tanzania to Start Power Exports in 2015 (Gulf Times) Due to BG and Statoil’s success in offshore Tanzania, the once energy-starved African nation is set to become an exporter by 2015. Unfortunately for the United States, 2015 is also around the time other countries begin ramping up their liquefied natural-gas (LNG) exports, namely Australia, which is poised to become the Qatar of the Asian-Pacific and own about 20% of the market by 2020. With all these developments, can LNG really be the real savior of the US gas market? Sierra Leone Man Busted by Undercover US Agents for Attempted Uranium Sale to Iran (Jerusalem Post) At least someone was set to make money in the uranium markets. Just how much is 1,000 tons of uranium? Even at current, depressed market prices, the man was set to pocket a cool $70 million for his company. It appears he has brokered deals with other countries in the past. It will be interesting to see where this goes. China National Petroleum Corp. Executive Is Investigated (Wall Street Journal) We recently published a report on national oil companies (NOCs) vs. international oil companies (IOCs). In it, we highlighted many reasons why NOCs sometimes trade at a discount to IOCs. One reason why is highlighted in this article: officials abusing their powers and taking advantage of the lack of transparency in reporting. It really is no surprise; but there are still opportunities when it comes to NOCs. Click here for more information.last_img read more


first_img Gold Producers (GDX) 20.66 24.78 45.55 Oil 97.65 94.80 86.26 Silver Stocks (SIL) 10.82 12.59 22.11 TSX (Toronto Stock Exchange) 13.280.72 13,380.41 12,151.13 Gold Junior Stocks (GDXJ) 28.89 37.15 83.12 Louis James Senior Metals Investment Strategist Casey Research P.S. New phyles are launching in Sleman, Yogyakarta, Indonesia; Cuenca Canton, Ecuador; and Birmingham, England. The Antwerp, Belgium; Sydney, Australia; Princeton, NJ; Edmonton, ON; and London, ON, Canada phyles are looking for coordinators. Anyone interested in any of these areas or in checking for an existing phyle in his region should send an email to phyle@caseyresearch.com. Silver 19.54 21.77 33.04 Copper 3.21 3.24 3.63 One Month Agocenter_img Dear Reader, I have written repeatedly about the futility and foolishness of trying to time the market—tops or bottoms—but I know the desire for such a crystal ball is overpowering. So this week, we’ll indulge in a bit of crystal-ball gazing. But first, it is with great pride that I announce the publication of Doug Casey’s new book, Right on the Money. This is our second volume of “Conversations With Casey,” but this one includes several conversations between the two of us that weren’t distributed for free in our former column by that name. In the book, Doug and I delve into the specifics of how to apply his contrarian philosophy to making money. The Book When I mentioned the new book on my Facebook page a few days ago, I received a slew of congratulations. Thank you all. I enjoyed the conversations greatly, as well as the opportunity to draw out Doug’s knowledge and experience to share with all who are intellectually honest enough to consider what he says. But one fellow wrote in to say that Doug and I were quite brazen to publish a book called Right on the Money after being wrong about gold for the last two years. I understand completely that people who’ve invested recently in the gold sector are likely underwater and wondering how long they can hold their breath. I feel the pinch myself, with many of my own stocks in the red at the moment. However, we were not wrong about the current correction. Back in 2011 when gold hit its nominal peak over $1,900, we warned readers in print that a retreat was likely. Granted, given all the Wile E. Coyote economics governments around the world have been engaged in, we didn’t expect the temporary bear to stay so long or grow so large, but we did see it coming, and we did—and still do—see it as a fantastic opportunity for those who didn’t get in at the beginning of the bull cycle back in 2001. In point of fact, we have not been proven wrong about that yet; we’ve just seen a predictable level of panic among those who don’t see or have confidence in the bigger picture and long-term trends we’re betting on. Further, we found ways to make money on gold’s slide since 2011, including three highly successful “gold insurance” plays that more than doubled readers’ investments when gold went down. We’ve also included more dividend-paying companies in BIG GOLD, and even found one company for the International Speculator that profits from processing gold regardless of the gold price (one so far—I’m on my way to see another possible pick as you read this), as well as been able to upgrade our portfolio with high-grade exploration and development companies on sale while the market is down. This is what it means to be a contrarian—as Doug likes to say: “Make volatility your best friend.” And he should know: he’s been profiting from the metals and mining markets for almost 40 years. If one pulls back to view the big picture—in both global breadth and historical depth—as few people can do like Doug, it’s easy to see that the current slump in our market sector should not be cause for fear, but for excitement. It’s the best bargain-hunting opportunity for commodities investors in a decade. And it just may be the best wealth-creation opportunity in a generation. Exactly how one goes about this is what we explore in Right on the Money, and you can preorder a copy now to receive a 13% discount. Just in time for holiday reading—and giving. I hope you take advantage of this deal while it lasts. The Crystal Ball Doug likes to say that it’s a big mistake to make a prediction that includes both an event and a time. But then he often goes ahead and does exactly that—”for entertainment purposes only.” So I’m going to go out on a similar limb: I think it will be clear to most investors that the precious metals correction is over and the second half of this record-smashing gold bull market is under way well before the end of 2014. One of the reasons for this is a very different conversation I recently had, not with Doug, but with Krassimir Petrov. Krassimir is a true international man, like Doug: an Austrian School professor of economics from Bulgaria, currently living in Thailand. More important at the moment is that the previous time I interviewed him, he predicted the timing of the current gold bull cycle more accurately than Doug and I did—a fact that impressed me greatly. That interview is a relatively quick read, dense with important ideas and insights, but it’s too long for this dispatch, so I’m going to give you the bottom line and encourage you to read the whole interview here. Based on cyclical analysis, technical analysis, fundamental analysis, and portfolio analysis, Petrov says the bottom for gold could be in already, but most likely will be behind us within one to seven months. That’s early to mid-2014, now rapidly approaching. (Note that in the interview, he says three to nine months, but I recorded our conversation two months ago.) That said, I should also mention that Krassimir is convinced that the actual Mania Phase in gold – when the investing herd throws itself head-first into the gold market and you’ll get gold stock tips from your friendly cab driver – is still at least six to eight years away. While that may be somewhat disappointing to us gold investors waiting for our big rewards, it isn’t bad at all, because we’ll make plenty of money on the ramp up before the Mania Phase, just as we did in the first half of this epic bull market. I still believe it’s impossible to predict the exact bottom of a market correction, but given that cashed-up, high-grade exploration plays—and even profitable producers—are already on the deep-discount rack, it seems clear as day to me that the thing to do is to build a position while the market is down. You do not want to miss this boat. And best of all, tax-loss selling this month is likely to provide spectacular buying opportunities in the best of the best stock picks in the sector. I strongly encourage any and all with the contrarian courage to buy what others are selling (the hardest part of implementing the “buy low, sell high” formula) to act. Right on the Money shows you how, and the International Speculator offers you specific and detailed guidance. (If you try the International Speculator risk-free for 3 months today, BIG GOLD is included in your subscription, at no extra charge.) I know I’m tooting my own horn here and repeating some things readers have heard before, but I believe 100% in what I’ve said, and I’ve put more of my own money where my mouth is than ever before. Heart and mind, I wish you a happy and very prosperous 2014. Sincerely, Rock & Stock Stats Last Gold and Silver HEADLINES GFMS: India’s Silver Imports Likely to Touch New Record Highs in 2013 (Scrap Monster) According to Thomson Reuters GFMS, silver shipments into India reached 338 tonnes (10.8 million ounces, or Moz) in October, surging 40% over the 241 tonnes (7.7 Moz) imported in September. Through October, the country imported 4,652 tonnes (149.5 Moz), and analysts project that total silver imports could reach 5,200 to 5,400 tonnes (167-174 Moz) this year, exceeding the previous record of 5,048 tonnes (162.2 Moz) achieved in 2008. Silver demand in India has two key drivers. The first is low prices, which have plunged by nearly 37% year to date. The second reason is that increasing numbers of Indians have opted for silver jewelry and coins as gifts at festivals and weddings instead of gold, due to government restrictions that have led to a supply shortfall. Given the strength of the gold tradition in India, it will be interesting to see what happens when this dam finally bursts—as eventually it must. Silver Eagle Coin Sales Lag in November, But Still a Record 2013 (Mineweb) November American Silver Eagle bullion coin sales declined by 787,000 ounces from October levels, as the US Mint reports 2.3 million Silver Eagles were sold in November, down from 3,087,000 coins in October and 3,159,500 coins in November 2012. However, according to the Gold and Silver Blog, “the lower sales figures for November do not reflect a drop in demand for silver bullion coins, but rather the opposite due to the fact that the US Mint has run out of coins due to unprecedented demand.” Last year, the Mint unexpectedly sold out of 2012 Silver Eagles on December 17; the Mint is thus limiting coin orders for the remainder of this year to conserve blanks for the 2014 program. The Mint plans to issue its last weekly allocation of 2013 Silver Eagles on December 9. The 2014 silver Eagle bullion coins will not be available to order until January13, 2014. Meanwhile, year-to-date sales of American Eagle gold bullion coins at the end of November totaled 800,500 ounces, surpassing last year’s total sales of 753,000. This is already a new all-time record. Korea Exchange Targets Gold Trade as Park Hunts Taxes (Bloomberg) In an attempt to improve trading transparency and generate new tax revenue and financial opportunities, the Korean Exchange will begin physical gold trading on March 24, 2014. Asia’s fourth-largest economy, which already offers gold futures trading on the Korean Exchange, has been entertaining the possibility of a physical bullion market since 2010. Illegal trading to avoid taxes accounts for as much as 3.3 trillion won, depriving the government of an estimated $300 billion in tax revenue. The surge in gold-related services and institutions continues, especially in the East. We recommend investing with this trend in mind. This Week in International Speculator and BIG GOLD—Key Updates for Subscribers International Speculator One of our advanced, high-grade explorers just received a critical permit for underground work—a major step forward for this project, which has been significantly de-risked. Gold 1,230.70 1,317.80 1,701.80 One Year Ago TSX Venture 916.65 941.31 1,186.70 This Canadian explorer released outstanding met-test results, showing that its flagship project should have relatively low costs. The market ignored this value-adding news, making this company a Best Buy. BIG GOLD We updated all our stock recommendations in the latest issue of BIG GOLD, which are also posted on the portfolio page.last_img read more


first_imgIn the past few years, consumer advocacy groups have pressed restaurant chains to offer healthier kids’ meals and more nutritious side options like milk and fruit, and the restaurants have responded.In 2013, McDonald’s pledged to remove all mentions and images of soda from Happy Meal menu boards, and shortly thereafter, other fast-food restaurants began to devise policies to introduce nutritious drink and side options beyond fries and dessert. McDonald’s, Burger King, Wendy’s and Subway — the four biggest fast-food chains — replaced soda on kids’ meal menus with low-fat milk, water and 100 percent juice, and McDonald’s and Subway promised to make fruit and vegetable sides available.So have the voluntary pledges to make fast food healthier meant parents are purchasing more of the healthier food for their kids at the restaurants?Not really, says a study released Thursday by the University of Connecticut’s Rudd Center for Food Policy and Obesity. And that may not be a good sign for children’s health.The study documented about 800 parents’ purchases for their children at McDonald’s, Burger King, Wendy’s and Subway through online surveys conducted in 2010, 2013 and 2016.Between 2010 and 2016, the percentage of parents who purchased kids’ meals and received healthier drinks remained about the same at 59-60 percent. And from 2013 to 2016, the percentage of parents who purchased kids’ meals with healthier sides actually declined from 67 percent in 2013 to 50 percent in 2016.Also, parents report buying fast food for their children more often. In fact, 91 percent of parents surveyed in 2016 said they had purchased a meal for their child at the four largest fast-food chains in the past week, compared with 79 percent in 2010.”It appears that restaurants’ voluntary policies as currently implemented are unlikely to substantially reduce children’s fast-food consumption overall, or increase their consumption of healthy items,” the study says.The report doesn’t really surprise researchers. Past studies conducted by Rudd have shown that fast-food restaurants are following their own voluntary pledges inconsistently.For example, at one McDonald’s location, the cashier may automatically include soda with a kids’ meal, at another location you might need to ask, and the same goes for french fries, the study found. While all chains removed the items listed in their pledges from their online menus, many still listed soda on kids’ meal menus in the brick-and-mortar restaurants.Still, the “health halo” of the healthy offering policies seems to resonate with parents. Nearly all parents surveyed in the latest Rudd study said they would purchase food for their children at that restaurant more frequently because of the healthy offerings. But Harris says while they may have health in mind when entering the restaurant, this doesn’t always lead to healthy choices.”The marketing of the healthy options available is getting people in the door, but it’s unlikely they’ll take the effort to ask if [the restaurant has] something healthier,” says the study’s lead author, Dr. Jennifer L. Harris, the director of marketing initiatives at the Rudd Center.Instead, Harris says, the best option for public health would be to automatically include the healthy options with the kids’ meals. “If fast-food restaurants start automatically giving patients healthy choices, that would be encouraging,” she says.Hillary Caron, a senior policy associate at the Center for Science in the Public Interest, says that the Rudd Center’s study is particularly interesting because it demonstrates the power of defaults in consumer decision-making. That is, if the meal comes with fries unless you ask for apple slices instead, you’re likely to get fries.Some government officials have already taken this message to heart. Just last week, California became to first state to pass a healthy-kids’-meal policy when Gov. Jerry Brown signed legislation that prohibits soda and other sugary drinks from being the designated beverages that come with kids’ meals. Similar bills have passed in cities like Louisville, Ky., and Baltimore and have been proposed in New York City and D.C.Harris says that the findings of the latest Rudd study indicate a need for such public policies. Voluntary and mandatory policies could work hand in hand, though, according to Caron.”Both approaches reinforce each other,” Caron writes in an email to NPR. Voluntary commitments from restaurants, she says, help make the case for state and local policies because they show that the changes are achievable. But state and local policies ensure that the principles apply to all restaurants, not just chains that propose voluntary health policies.Still, Harris wants people to remember that even if the fast food offered at restaurants is billed as healthy, most fast-food meals still consist of chicken nuggets, burgers and fries.”It’s important to communicate that fast-food meals are not healthy options,” Harris says. “Replacing soda with milk or water doesn’t make the meal healthy,” she adds. “It’s a small step, but in the right direction.”Rachel D. Cohen is an intern on NPR’s Science Desk. Copyright 2018 NPR. To see more, visit http://www.npr.org/.last_img read more