TagsTransfersAbout the authorCarlos VolcanoShare the loveHave your say Juventus lodge new appeal for 2005/06 Serie A title removed from Inter Milanby Carlos Volcano9 months agoSend to a friendShare the loveJuventus have lodged a new appeal to have the 2005/06 Serie A title removed from Inter Milan.During the Calciopoli scandal of 2006, Juve had two Scudetti revoked – the 2004/05 title went unassigned, while the 2005/06 title was handed to third-place Inter.This was due to AC Milan, who had finished second, also being docked points in the trial, along with Lazio, Fiorentina, Reggina and Arezzo.Juventus have had several appeals rejected to have the titles returned, or at least the later trophy taken away from Inter.On Saturday, Juve formally lodged another appeal with the Collegio di Garanzia dello Sport tribunal.
Prior to Sunday’s SEC Tournament championship game, Arkansas’ players did some trash talking to their opponent, Kentucky. They reportedly got in the Wildcats’ faces in a Bridgestone Arena tunnel and Razorbacks’ forward Bobby Portis said being able to play UK was like getting a wish granted. The fervor Arkansas’ players have for Kentucky is a feeling that is apparently replicated by the Wildcats’ players. Following his team’s victory against the Razorbacks, Kentucky junior center Willie Cauley-Stein said “we don’t like that team,” referencing Arkansas. Wow. Willie keeping it REAL. “We don’t like that team.” Said winning title was one thing, but they just wanted to beat “that team.”— Ashley Scoby (@AshleyScoby) March 15, 2015Willie Cauley-Stein after the game re: Arkansas, “Straight up, we don’t like that team.”— Brett Dawson (@BDawsonRivals) March 15, 2015Full WCS quote on not liking “that team” pic.twitter.com/EoGtkE2VTJ— Ashley Scoby (@AshleyScoby) March 15, 2015It’s not often that you see college basketball players openly discussing their dislike for another team, but we love it. Kentucky and Arkansas will learn their place in the NCAA Tournament at 6 p.m. E.T. on CBS.
Companies in this article: (TSX:HSE, TSX:MEG, TSX:IMO, TSX:SU, TSX:CVE, TSX:CNQ)The Canadian Press CALGARY — A CIBC oil and gas analyst says the recent deterioration in crude oil prices makes it unlikely that a better offer will emerge to force Husky Energy Inc. to sweeten its hostile takeover bid for an oilsands rival.Husky reported Tuesday that it had received all necessary regulatory approvals for the takeover of MEG Energy Corp. and is now waiting for shareholders’ response to its offer which expires in mid-January.Analyst Jon Morrison says in a research report that Investment Canada approval of the proposed deal could at one time have prompted the emergence of a rival bidder — and a higher bid — for MEG, but the weakening macro oil economy of the past couple of months makes it unlikely now.He says he doesn’t expect any of the four most likely competing bidders — Imperial Oil Ltd., Suncor Energy Inc., Cenovus Energy Inc. and Canadian Natural Resources Ltd. — to make a bid.CIBC moved its price target for MEG down from $9.50 to $8.30 per share, with the new target matching the current Husky cash-and-shares offer.The takeover was worth about $3.3 billion when proposed in September but has fallen to about $2.5 billion because of deterioration in Husky’s share price.“While we held the view earlier in the year that there was the potential for Husky to modestly bump the bid to get the deal across the line, given the weakening macro market over the last couple months we no longer believe that to be the case,” said Morrison in his report.
London: British Prime Minister Theresa May Sunday condemned the “truly appalling” multiple blasts at churches and hotels in Sri Lanka on Easter, killing over 160 people, including at least nine foreigners. Six near-simultaneous and coordinated explosions rocked three churches and three five-star hotels frequented by tourists as the Easter Sunday mass were in progress. “The acts of violence against churches and hotels in Sri Lanka are truly appalling, and my deepest sympathies go out to all of those affected at this tragic time,” prime minister May said in a statement on Twitter. Also Read – Saudi Crown Prince ‘snubbed’ Pak PM, recalled jet from US “We must stand together to make sure that no one should ever have to practise their faith in fear,” she said. The statement came soon after she called for the UK to stand up for religious freedom in her annual message to mark Easter. No group has claimed responsibility for Sunday’s attacks. However, most of the deadly attacks in the past in Sri Lanka were carried out by the Liberation Tigers of Tamil Eelam (LTTE) which ran a military campaign for a separate Tamil homeland in the northern and eastern provinces of the island nation for nearly 30 years before its collapse in 2009 after the Sri Lankan Army killed its supreme leader Velupillai Prabhakaran. Also Read – Record number of 35 candidates in fray for SL Presidential polls No group has claimed responsibility for Sunday’s attacks. However, most of the deadly attacks in the past in Sri Lanka were carried out by the Liberation Tigers of Tamil Eelam (LTTE) which ran a military campaign for a separate Tamil homeland in the northern and eastern provinces of the island nation for nearly 30 years before its collapse in 2009 after the Sri Lankan Army killed its supreme leader Velupillai Prabhakaran.
13Julius Erving31-34+7.8+6.3+5.93.2-4.6 10Kevin Garnett27-30+9.9+9.7+7.95.0-4.9 19George Gervin30-33+1.1-0.4-1.3-3.3-4.4 2Mookie Blaylock29-32+7.2+3.6+4.90.2-7.0 14Shawn Kemp24-27+6.5+3.1+3.82.0-4.5 12Bobby Jones25-28+7.7+5.1+3.83.1-4.6 Includes players who played at least 50 percent of available minutes each season in the four-season stretch.Source: Basketball-Reference.com 3Michael Adams28-31+4.4+1.7-0.1-1.6-6.0 4James Worthy28-31+4.0+2.3+0.7-1.6-5.6 15Dirk Nowitzki27-30+5.7+6.7+5.21.2-4.5 7Derek Harper28-31+4.3+2.8+0.7-0.9-5.2 18Dwyane Wade27-30+10.7+9.4+5.96.3-4.4 9John Drew23-26+3.1+1.3-0.7-1.8-4.9 8Terry Porter27-30+6.1+3.1+2.41.0-5.1 PlayerAgesYear 1Year 2Year 3Year 44-year Change 11Ricky Rubio25-28+1.9+0.8+1.7-2.9-4.8 Few players have ever declined so much as Melo, so quicklyBiggest decline in Box Plus/Minus (BPM) for qualified NBA players over a four-season span, 1976-2019 16Ray Williams25-28+4.0+3.1+3.9-0.4-4.4 Carmelo Anthony may have played his last game as a member of the Houston Rockets. Or maybe not. Who knows? Either way, the Carmelo Experiment in Houston hasn’t gone according to plan over the first month of the season. Coming off a charmed 65-win campaign in 2017-18, this year’s Rockets are below .500 — and while Houston’s problems run deeper than Anthony, he has done little to suggest they’re merely coincidental with his presence on the team.Going into the season, my colleague Chris Herring wrote that Anthony’s success or failure in Houston would largely depend on his ability to curtail his usual scoring tendencies and play effectively off the ball — finding opportunities for open shots (presumably off passes from Chris Paul and James Harden) and knocking them down. In addition, Anthony would need to prove he wasn’t a total liability on defense, considering Houston lost lockdown forwards Trevor Ariza and Luc Mbah a Moute over the summer.Unfortunately, Anthony hasn’t really done much in any facet of that role so far. He has dialed back the share of team offense he’s using — down to a career-low 20.5 percent usage rate — which would normally be a positive sign of accepting a diminished function in the offense. But he’s also stopping the ball too often — he has assisted just 2.9 percent of teammate buckets while on the floor — and his shooting hasn’t been up to par. Anthony is hitting catch-and-shoot jumpers at an effective field goal percentage of just 51.8 percent, which according to Second Spectrum ranks 32nd out of 48 shooters with at least 50 attempts. More concerning, Anthony also ranks 224th out of 266 qualified shooters in overall quantified shot quality, Second Spectrum’s metric for judging the expected value of a shot (based on distance, defender proximity, etc.). Anthony has always excelled at making tough shots, but in order to fit into Houston’s obsessively efficiency-maximizing scheme, he needed to prove he could generate easy ones, too.Moreover, Anthony has been a prime culprit in Houston’s drop from sixth in defensive efficiency last season to 20th this year. According to Basketball-Reference.com, the Rockets are allowing an eye-popping 119.2 points per 100 possessions with Anthony on the court, 10.1 more than they do with him off the floor. That 109.1 mark without Anthony would rank 14th in the league anyway, so it’s more than just Anthony that’s causing the Rockets to slip from their defensive form of last season. His arrival certainly hasn’t helped the cause, though.Anthony’s friend (and fellow Banana Boater) Dwyane Wade tweeted Sunday that fans and journalists were trying to make Anthony “the fall guy” for Houston’s slow start, and he has a point. Looking beyond Anthony, Houston has three rotation players — Eric Gordon, Gerald Green and Michael Carter-Williams — with true shooting percentages below 50 percent. Harden hasn’t quite recaptured his MVP form from last year, and Paul appears to be slowing down at age 33. The Rockets look sluggish (they rank 28th in pace) and are making only 32.7 percent of their many three-point attempts, which ranks a shocking 25th in the league.1For comparison’s sake, they ranked 13th last year.But Anthony is also hitting new statistical lows in what has been an otherwise Hall of Fame career. At age 33 with Oklahoma City last season, he’d never been worse according to Player Efficiency Rating (12.7), Win Shares per 48 minutes (.071) or Box Plus/Minus (-3.8). Although there was hope he’d just slumped in a bad situation on OKC, Anthony is blowing away those old career-worst marks this season: He currently has a PER of 11.5 with .043 WS/48 and a BPM of -5.1.It’s not unheard of to see a player dip so drastically in production as he ages into his 30s, but it is shocking to see it happen to a player who has been as good as Anthony has been and also hasn’t suffered a major injury. According to Basketball-Reference’s data, Anthony’s 7.7-point decline in BPM from 2015-16 to 2018-19 is tracking to be the largest since the ABA merger for any player who logged at least 50 percent of team minutes over each season in a four-year span. BPM by Year in Span … 1Carmelo Anthony31-34+2.6-0.7-3.8-5.1-7.7 A player had to be very good in order to even suffer so large a decline in the first place, and Anthony certainly fit that bill … once upon a time. Many of the names on that list managed to bounce back and be quality contributors going forward, though few were as old (and none as bad) as Anthony has been recently. So in that sense, the collapse of Anthony’s game has been historic — we’ve never really seen a star’s numbers fall off quite so much in such a short time.If the Rockets do end up cutting ties with Anthony, he may still draw interest from certain NBA teams. (At the very least, the Melo-to-the-Lakers rumor mill is already starting to rumble back to life.) And, however small, there is some evidence Anthony could be more effective in a different system than that of the Rockets, where his game never meshed with Mike D’Antoni’s overarching philosophy at either end of the court. But whether due to fit or declining skills, it has been a nothing less than stunning fall for Anthony these past few seasons. 17Scott Skiles26-29+1.6-1.4+1.0-2.8-4.4 20Kevin Willis29-32+1.0-0.4+1.1-3.2-4.2 5Dwyane Wade28-31+9.4+5.9+6.33.9-5.5 6Kareem Abdul-Jabbar37-40+4.9+4.5+1.6-0.6-5.5
There is an official statement from Udinese that the Brazilian international playing for them, Samir Caetano de Souza Santos has extended his contract with the club until 2023.Samir, the Brazilian center-back had joined Udeinese from Flamengo, and has since become a significant feature for the club after he had spent a period of loan at Verona an also Italian club. He has supported the defense of Udinese after he picked up a steady role from them after his return from being loaned to Verona.“Samir and Udinese go forward together,” a statement on the club website stated, according to Football Italia.Serie A Betting: Match-day 3 Stuart Heath – September 14, 2019 Considering there is a number of perfect starts so early in the Serie A season, as well as a few surprisingly not-so perfect ones….“General manager Franco Collavino and technical director Daniele Pradè announced the extension of the Brazilian defender Samir, who has reached 56 appearances with the Bianconeri.”This means that Samir’s contract has moved on to 2023. He will stay on with Udinese until the time to contribute his ability to their side in the Serie A.
Everton U-23s manager David Unsworth has revealed his delight after an inexperienced U-23 team battled Brighton & Hove Albion U-23 team to a draw.The Toffees U-23 team played out an eventful 2-2 draw with the young Brighton team in the Premier League International cup opener.Unsworth promoted several players from the Everton U-18s team and they stood toe-to-toe with the high-flying young seagulls who are top of the Premier League 2 table.A penalty from Bassala Sambou gave Everton the lead before two quickfire goals from Ben Barclay and James Tilley turned the game in favour of Brighton.A goal from Ellis Simms who was promoted from the U-18s to the U-23s gave Unsworth’s team a well-deserved point and the manager revealed his delight at his team’s performance.I’m really proud of the players, although when you get in that position, you want to win the game,” he said, according to the club’s official website.Everton still keen on signing Juve’s Moise Kean Obinna Echi – July 28, 2019 Everton are still pushing for the signature of Juventus striker Moise Kean despite the Italian champions insisting they’d only sanction the deal with a…“Brighton played their strongest team tonight, while we gave a chance to some of the players that haven’t been playing.”“We also gave some of the Under-18s who have been playing well the opportunity to step up and produce a performance and they certainly did that.”“I’m delighted for Ellis Simms. He’s a great lad and he’s done a great job tonight. We wanted to give him an opportunity, he has been scoring a lot of goals last season and certainly this season.”“He does the hardest thing in the game, which is putting the ball in the back of the net. Kyle John had half a game and was very good – unfortunately he got a little injury – and Ryan Astley was absolutely magnificent at centre-back. Anthony Gordon did well, too.”“There were so many positives to take.”
Aaron Ramsey’s future has been given another twist with Arsenal now willing to sell him in the January transfer windowThe 27-year-old midfielder’s contract will expire at the end of the season with latest reports suggesting that a new offer by Arsenal has been withdrawn.This means that Ramsey will likely leave the Emirates as a free agent in next summer’s transfer window.But the Daily Mirror reports that Arsenal are determined to make sure they don’t go empty-handed.The Gunners have now decided that if they cannot keep Ramsey, then the only other option is to sell him in January.Virgil van Dijk praises Roberto Firmino after Liverpool’s win Andrew Smyth – September 14, 2019 Virgil van Dijk hailed team-mate Roberto Firmino after coming off the bench to inspire Liverpool to a 3-1 comeback win against Newcastle United.Arsenal used the same approach with Alexis Sanchez in the last winter transfer window, which saw the Chilean completed a swap deal to Manchester United with Henrikh Mkhitaryan going the other way.Manager Unai Emery had stated earlier this month that he was hopeful of convincing Ramsey to sign a new long-term deal.Ramsey was signed by Arsene Wenger a decade ago from Cardiff City and played major roles in the club’s three FA Cup titles by scoring the winning goals in finals against Hull City and Chelsea.Manchester United and Chelsea have been linked with moves for the Wales international.
#MagneticMediaNews#TurnquestRespondsToCoopersMoodyComments Related Items: Facebook Twitter Google+LinkedInPinterestWhatsApp Facebook Twitter Google+LinkedInPinterestWhatsAppBahamas, July 13th 2017: Sheer amazement and disappointment, is how DPM and Finance Minister Peter Turnquest is describing the latest comments from the PLP camp on the Moody’s review. Turnquest in responding to the comments called it “the wrong statements at the wrong time”, and says there is a growth strategy in place, contrary to what the Exuma MP is saying. Chester Cooper released a statement on Tuesday, offering an olive branch to work with the current administration in bringing down debt levels, while offering words of advice on how to handle the current fiscal situation.Turnquest immediately discredited Cooper’s words, saying “these words have no place in the current debate on the Country’s fiscal challenges”. He went on to say it was no secret to both credit rating agencies, Standard and Poor’s and Moody’s, that the economy had been driven to the ground by the previous administration. The finance minister adds his administration was elected on a promise of transparency, and had a duty to come clean and not mislead the country, while undertaking the daunting task of putting in place the necessary reforms to stabilize public finances. Casting blame on the previous administration, Turnquest says “had they been more transparent, more honest and more responsible, the country would not have been facing these challenges”.
Evacuations ordered as bomb squad investigates suspicious device in Lemon Grove January 17, 2018 Posted: January 17, 2018 Categories: Local San Diego News FacebookTwitter KUSI Newsroom SAN DIEGO (KUSI) — Evacuations were ordered in Lemon Grove after a suspicious device was found Wednesday near a U-Haul center.A bomb squad was sent to a self-storage business in the 1800 block of Massachusetts Avenue, near Main Street in Lemon Grove, where a caller reported finding what appeared to be a “military practice device,” a sheriff’s lieutenant says.Bomb squad personnel have safely impounded that possible piece of military equipmentDeputies evacuated the immediate area and shut down some traffic lanes as a precaution pending resolution of the situation.Officials have reopened the area to the public. KUSI Newsroom, Updated: 3:21 PM
Categories: Good Morning San Diego, Local San Diego News FacebookTwitter SAN DIEGO (KUSI) – The County Board of Supervisors rescheduled a public hearing on a potential land purchase in Alpine until its next meeting, Feb. 27.Alpine officials said they have been trying tog get a county park for years.Alpine Chamber Executive Director Alex Ward and Travis Lyon, Chair of the Alpine Community Planning Group and Alpine Union School District school board member discussed the plan on Good Morning San Diego KUSI Newsroom, February 13, 2019 KUSI Newsroom Posted: February 13, 2019 Land purchase hearing for Alpine county park delayed
The Department of Veterans Affairs is soliciting public feedback on a new proposal to expand private sector care for veterans. The comment period is open until March 25, Stars and Stripes reports.Democrats and some veterans groups are concerned the plan could start to undermine VA resources, according to the article.The changes were proposed last month, as On Base reported. VA Secretary Robert Wilkie said the approach would “revolutionize VA health care as we know it.” ADC AUTHOR
A placard reading “the Louvre museum will not be open today” is displayed at the entrance of the Louvre museum in Paris. Photo: AFPFrench investigators believe the man who launched a machete attack outside the Louvre in Paris, before being shot and wounded by a soldier, is a 29-year-old Egyptian who entered the country on a tourist visa.The incident has thrust security and the terror threat back into the limelight three months before elections in France, with authorities saying it was a “terrorist” assault.The attacker, in a black t-shirt bearing a skull design and armed with two 40-centimetre (16-inch) machetes, lunged at four patrolling French soldiers while shouting “Allahu Akbar” (“God is greatest”), Paris prosecutor Francois Molins told a press conference.One of the troops was struck on the head and another fell to the ground outside the famous Paris museum after the assailant attacked. The second soldier managed to open fire and hit the machete-wielder in the stomach.“The attacker fell to the ground, seriously wounded. He has been taken to hospital and is fighting for his life,” the prosecutor said.A source later said that the suspect’s condition had stabilised. Security forces said one soldier had suffered a minor head wound.Police held hundreds of tourists in secure areas of the world famous attraction after the assailant was shot five times around 10:00 am (0900 GMT) in a public area near one of the museum’s entrances.‘Terrorist nature’The attacker who is thought to live in the United Arab Emirates, is believed to have entered France legally on a flight from Dubai on January 26, a source said.An Egyptian passport, thought to be the suspect’s, was found during a search of an apartment in an expensive district of Paris near the Champs-Elysees.The UAE government condemned the “hateful crime” and assured France of its “full solidarity”.As French authorities probed the attacker’s background, President Francois Hollande said that “there is little doubt as to the terrorist nature of this act,” an assessment echoed by Prime Minister Bernard Cazeneuve.France was already still reeling from a string of terror attacks over the last two years and the country has been under a state of emergency since November 2015.The economy, immigration and security are major issues for voters ahead of presidential and parliamentary elections forecast to confirm the country’s shift right after five years of Socialist rule.US President Donald Trump tweeted that a “new radical Islamic terrorist has just attacked in Louvre Museum in Paris. Tourists were locked down. France on edge again. GET SMART US.”Witnesses described scenes of panic as people fled the Louvre complex following the incident.“We heard gunshots. We didn’t know what it was about. Then we evacuated the employees and we left,” one man who works in a nearby restaurant told AFP.A woman colleague said: “We saw death coming for us, with everything that’s happening at the moment. We were very, very scared.”String of attacksThe Louvre closed following the attack—but will re-open on Saturday.Paris’ lucrative tourism industry has been a major casualty of the terror attacks, with visitors cancelling or shortening their stays.The Louvre, a former royal palace in the heart of the city, has seen annual visitor numbers fall by some two million since 2015 to 7.3 million after the spate of recent attacks across France hit its claim to be the world’s most visited museum.The series of terror attacks in France began in January 2015 when jihadist gunmen rampaged through the Charlie Hebdo satirical newspaper and a Jewish supermarket, leaving 17 people dead in three days of bloodshed.Ten months later, gunmen and suicide bombers from the Islamic State jihadist group attacked bars, restaurants, a concert hall and the national stadium in Paris, killing 130 people.And last July, a Tunisian extremist rammed a lorry through crowds celebrating Bastille Day in Nice on France’s south coast, crushing 86 people to death.Security has been a key campaign theme ahead of the presidential election in April and May, which a parliamentary election will follow in June.Rightwing candidate Francois Fillon, whose tough line on immigration and Islam made him an early poll favourite, has been ensnared in a damaging parliamentary expenses scandal in recent days.Anti-immigrant far-right leader Marine Le Pen is hoping for a boost from the furore and Trump’s election, while 39-year-old centrist independent Emmanuel Macron is also climbing in the polls.Friday’s incident came on the very day that Paris submitted its formal bid dossier to host the 2024 Summer Olympics.
It is not everyday that you see Dilliwallahs jostle to take a look at books. And buy them by the dozen. The Book Fair has been going mostly empty. But if you had been going to Dilli Haat over the last weekend, you would see how the place has completely transformed. All thanks to the Third Annual Comic Con. Every Delhiite worth his Diamond Comics came along. If not to buy books, to browse through them. If not to browse, then pick up merchandise. And if for nothing else, then to get themselves clicked with the quirky banners and with men and women who decided to give themselves a fun makeover. Also Read – ‘Playing Jojo was emotionally exhausting’Of course Comic Con is about comics. But it is as much about the merchandise, some of which you will get only at Comic Con which makes them all the more attractive for the funk-loving youngsters. And funky they all are. Superkudi, that hit theme of the last edition of Comic Con, has given way to Supermummy this year. So apart from banners, you could also pick up Supermummy tees, posters, wall clocks, cushions and even mugs. The ‘Wonder Bai’, or the ubiquitous Indian maid, was another favourite. Also Read – Leslie doing new comedy special with NetflixBut what most people were seen jostling for (and some even went back disappointed since most stalls had run out of sizes) were the Superman and Batman tees. While some were the more regular ones, there were others which had been fun slogans. The Bangalore-based Hysteria, was seen doing brisk business with their badges, posters, tees, art prints and more. So much so, that you actually had to queue up to see their poster catalogue. While the now well-known Chumbak (every girl worth her auto raja boxers have heard of them) has a stall, we found the lesser known ones doing brisk business. The merchandise was similar — tees, mugs, quirky posters, calendars and even toys of comic characters — but each added their own quirky take to them. Want to voice an opinion? Wear it on the tee. That was the USP of the Wear Your Opinion stall. A stall which stocked Harry Potter merchandise, was also a crowd favourite.
Kolkata: West Bengal has never been known for industrialisation and is still associated more with politics, but 2018 saw corporate titans like Ambanis, Adanis and Mittals as also its own Goenkas and Neotias announcing huge investments and jobs here and the state made a big jump on the ease of doing business ranking to figure among the top-ten for the first time ever. While it still remains to be seen what portion of the staggering amount of Rs 2.2 lakh crore worth investments proposed by the industrialists at the big-bang Bengal Global Business Summit in January has already materialised, the state government has been making right noises to boost its pro-business image and has been getting good support from industrialists as well as economists. Also Read – Rain batters Kolkata, cripples normal life Also, the West Bengal government’s Economic Review for 2018-19 showed that the annual growth rate of the state GDP rose from 5.8 per cent in 2015-16 to 11.4 per cent in 2017-18. Chief Minister Mamata Banerjee is said to have been making serious efforts on attracting investments and creating jobs in the state. The efforts were reflected in West Bengal’s ranking on the national ease of doing business jumping to 10th place, while it was ranked third in terms of ‘reforms’. Also Read – Speeding Jaguar crashes into Mercedes car in Kolkata, 2 pedestrians killed At the end of the Bengal Global Business Summit, Chief Minister Mamata Bannerjee had said the state received new investment proposals worth Rs 2.20 lakh crore with a job creation potential of 20 lakh. Those making the commitments included Reliance Industries chairman Mukesh Ambani, who said it was nothing short of a “miracle” that the state has adopted a change in mindset to welcome the industry. Banerjee said 50 per cent of the investment proposals made at the last year’s event were already in progress and asserted that Bengal was the new investment destination because of political stability, industry-friendly environment and also because of its strategic location. Major business groups which announced investments at the summit also included Adani Group, JSW group, Adventz group and RP-Sanjiv Goenka group. The Summit saw participation from 32 countries, though there was no representation from the central government. According to the state government, several MNCs including Dassult, Aramco, Samsung and PepsiCo have also expressed business interest. Later in the year, Banerjee announced a 200-acre plot at New Town, dedicated for a silicon valley hub for high-end IT functions. Already, companies like Jio, TCS and Capgemini have applied for land parcels there. The booming e-commerce business also left its mark in the state this year. Flipkart subsidiary Instakart Services would invest Rs 991 crore at Haringhata, about 55 m from Kolkata, for a logistics park with employment potential in excess of 18,000 people. Software Technology Parks of India (STPI) would invest around Rs 120 crore for a single project with the objective to delivery technological services in the east and north-east with the idea to boost software exports. The state also got a shot in the arm on getting exploration and licensing of Deocha-Pachami coal block in Bankura district with an aggregate reserves of over 21 million tonnes. City-based storage battery major Exide Industries also announced an investment of Rs 550 crore for two projects in the state this year. Praise also came from a group of 13 senior economists, including former RBI Raghuram Rajan and IMF Chief Economist Gita Gopinath, when they cited example of West Bengal while outlining an economic strategy for India. Talking about need to reform the healthcare system in India, the group said studies in West Bengal suggest that training the private sector health providers improves their performance by a very significant amount. They said West Bengal has already begun to train many thousands of private sector health providers and it would make sense for other states to follow the same. However, there were also warnings from some quarters about the risks from climate change. A study by New Delhi-based climate research group Climate Trends listed West Bengal among the estates facing heightened risks from multiple climate disasters.
Some 24.2 million UK homes will have Freeview HD compliant set-tops by 2014, with the number of set-tops and TVs in the market rising to 39.8 million by 2016, according to a report by Futuresource consulting for Freeview.YouView alternative Connect TV cited the research to highlight that its almost all UK homes would have access to its services by 2014. Connect TV brings internet-delivered content to the Freeview EPG. The service works on all compliant Freeview HD devices and offers live streaming and on demand services. Connect TV launched its service with a line-up of 45 internet-delivered channels in February this year.
In This Issue… * Currencies rally strongly this morning… * Home Prices keep falling… * Baby steps for stabilization… * Carney has harsh words for U.S. economy… And, Now, Today’s Pfennig For Your Thoughts! The Golden Scenario… Good day… And a Marvelous Monday to you! And Happy Chinese New Year! The NFL Championship games yesterday were very entertaining, eh? The two brothers that coach different teams went from a chance to match wits in the Super Bowl, to going home… Too bad… it would have been a good story. Should be an interesting week, as the ECOFIN people meet, and Greece is still working on their debt, and… this will be my first full week of work in over a month, so all-in-all, pretty interesting! What I also found interesting on Friday, was the price action of Silver… I don’t know if you follow Silver or not… I do, very closely, I might add! But Silver was outperforming Gold by a long shot, rising over $1 on the day, which you don’t normally see in the Silver price action. My colleague, Aaron yelled over the desk and asked me what was going on with Silver, as he too watches it closely… I couldn’t really find anything out there, so the thought came to me very quickly, that Silver must be playing “catch-up”… I don’t know if you follow this stuff or not, and I don’t really put that much emphasis on this, but from time to time I come back to it, and that is the Gold/Silver ratio… but what was once thought as a real indicator for Silver, has to be pushed to the back of the closet these days, for the Gold-Silver ratio has spread out to over 50:1… That’s pretty crazy stuff… and doesn’t look right… So, maybe, just maybe, Silver was playing catch-up to Gold, which had gained over $90 so far this year, and Silver’s gains were negligible until Friday… Both metals are up this morning, so we have that going for us, eh? The Aussie dollar (A$) touched $1.05 this morning, and is spittin’ distance from the figure now. And, looky there, it’s back over $1.05! Just like that! I would say that the A$ is benefitting from a lower than expected PPI (wholesale inflation index) number… Which indicates to me that the markets still have an appetite for rewarding currencies that have been debased to promote growth. If you’re an Aussie bond holder, this is what’s called the “golden scenario”… That’s when rates are being cut, and the currency maintains its value or even increases in value. The bonds & currency rallying, = the golden scenario… When I was a foreign bond trader, I saw this happen only a few times… I saw it Germany in the mid 90’s, and in Aussie and New Zealand around the same time… I haven’t traded foreign bonds since 1998, and don’t recall if there were other instances since then. But, it’s happening now… The thing about the golden scenario, is that it doesn’t last long… The euro begins another week as the most talked about currency, with the U.S. dollar coming in second, and the renminbi placing third. The euro is trading above 1.29 this morning, as it has range traded for over a week now, but around the 1.29 level, which is probably driving the analysts that have called for a collapse of the euro, crazy… I’ve told you probably 3 or 4 times since the year began what I think the euro will do this year… So, as to not beat a dead horse (no animals were hurt), I’ll go to what I really want to point out this morning about the euro… In the past couple of weeks, we’ve seen the economic data from Germany to be better than forecast for them. We’ve seen the Italian and Spanish bond auctions go quite well, with more bonds sold than planned and at lower yields! And money market rates have eased… I talked about the beginnings of a stabilization here on Friday, and I just can’t help but think that this is just the beginning. Now that doesn’t mean that everything we see from here on out from the Eurozone is good… baby steps, wobble, go backwards sometimes, and even stumble… So… we have that to watch for. Well, every winter, about 2,600 political, business and financial leaders in Davos, Switzerland for a 5-day boondoggle. There are always some very good sound bites from Davos, and this year will be no different. You’ll see the Eurozone contingent continue their attempt to calm the markets, and then you’ll have the euro naysayers, like George Soros doing his best to deep six the euro… Speaking of deep sixing something… I can’t put enough emphasis on this folks, but the Asian countries are removing dollars from their terms of trade. One by one, the Asian countries draw up new currency swap agreements, that basically exchange the two countries’ currencies, and removes dollars from the terms of the trade. This has long been one of the benefits to having the reserve currency of the world, for if two countries wanted to trade Oil, they would have to convert their currencies to dollars and settle the transaction in dollars. This kept dollars in each country’s reserves by the truck loads… But, first it was China alone signing swap agreements to remove dollars from the terms of trade. Then Russia joined in, and now India is jumping on the bandwagon. India and Iran have signed a currency swap agreement for Oil… Now… let me be clear here… I do NOT want to see this happening, for I live here, work here, and use dollars for my gas, groceries and giggles. And… once I’m gone, my kids and grandkids will learn what it’s like to not have the reserve currency of the world… It’s a sad thing… However, since I began writing in 1992, I have always made it a point to not let my love of country get in the way of telling like it is… I was even called unpatriotic years ago… and that hurt! But… at the same time, I warned and warned about the growing debt, and people thought I was nuttier than a fruitcake. Well… when countries turn away from using your currency, I think I speaks volumes… So… how does that fruitcake taste these days? Last Friday, we saw the latest Existing Home Sales data, which was pretty strong… But here’s the thing I keep harping about… Home Prices… The national median sales price of existing homes fell 2.5% in December year-on-year. This is the thirteenth straight monthly decline in home prices. Foreclosures and short sales accounted for 32% of the total sales… So, all in all, I would say the data was not good… 1/3rd of the sales were forced by foreclosure, and the median home price fell 2.5%… I don’t think home prices have found a bottom yet… One of the reasons I feel strongly about that is the fact that the “robo-signing” case that held up foreclosures in 2011, has been settled, which means foreclosures could really ramp up in 2012, pushing prices downward. The data cupboard is empty today and doesn’t really get restocked later this week… We will have a FOMC (Fed Reserve) meeting on Wednesday, but since the Fed told us that interest rates are going to remain at current levels until mid 2013, this is a little anti-climatic, eh? OK… back to the currencies… Well… I guess the Bank of Canada’s (BOC) bunker mentality is beginning to pay off for them, but I’m sure they didn’t really think that this would happen… The “this” I’m talking about is a larger than expected drop in consumer inflation. Canadian CPI fell .%6% in December from the previous month, and the year-on-year rate stands at 2.3%… Still higher than the target rate of 2%, but moving in the right direction as far as the BOC is concerned… The Canadian dollar / loonie took the data and digesting it, moved lower… The loonie is attempting a rally this morning trying desperately to grab onto the coat tails of the Aussie dollar. Remember when I told you that we could see a “pop” in the Swiss Franc, should then Swiss National Bank (SNB) President, Hildebrand, resign, as the markets would want to test the resolve of the new President? Well… Let’s see… the franc has really been on a run in the past 10- days and has climbed back to a dollar price of $1.0750… After falling to a $1.04 handle… I think this is simply the markets testing the SNB, folks… nothing to hang one’s hat on for any extended period of time… Leave this to the “traders”… Ok… I mentioned at the top, and then forgot to talk about it until now… But the Greek / private creditors meetings have stalled on a deadlock over the interest rates to be paid. People close to the meetings still believe that an agreement will be ironed out soon. Did you see what the Bank of Canada’s Gov., Mark Carney, had to say about the U.S. economy? Well, you had better sit down for this… Mr. Carney said that the “U.S. economy might never recover.” He went on to say that, “it will take many more years for the U.S. economy to get back on its feet, and it might never completely recover. In fact, they are not in our opinion ultimately going to get back fully to the U.S. we used to know.” Then he made a statement that qualifies him as a recent addition to the “Mr. Obvious Club”… when he said, “If Canada is to grow it must look beyond the U.S. for trading partners.” Then there was this… my friend, and former colleague, David Galland, did it again this past weekend… He wrote something that made me want to pump my fist in the air, and say “Yes”! I don’t have the room here to do him justice, but he wrote about the U.S. Government meddling in the economy and in private business… If that’s the stuff that interests you, and I would hope it did… then click here and read the first part of the letter on Government meddling: after clicking the link, then click on the “contrarian’s View of Argentina”… http://www.caseyresearch.com/ To recap… Currencies are in rally mode this morning, along with Gold & Silver. Silver outperformed Gold big time on Friday… just playing catch-up I think. The ECOFIN meeting begins today, and Greece is still working with the private creditors on an agreement. FOMC meeting this week is a non-event. And the data cupboard is empty today. Currencies today 1/23/12… American Style: A$ 1.0550, kiwi .8125, C$ .9905, euro 1.2990, sterling 1.5565, Swiss $1.0765, … European Style: rand 7.9365, krone 5.9070, SEK 6.76, forint 233, zloty 3.3050, koruna 19.5660, RUB 32.69, yen 76.90, sing 1.2670, HKD 7.76, INR 50.08, China 6.3390, pesos 13.14, BRL 1.75, Dollar Index 79.90, Oil $98.32, 10-year 2%, Silver $32.73, and Gold… $1,677.15 That’s it for today… Congrats to the Giants and Patriots, good luck in the Super Bowl… I really don’t care for either team, but will root for the Giants. I still have a bad taste with the Patriots because of spygate… Well… I heard from my darling daughter Dawn on Friday… She reminded me that little Delaney Grace was going to be in her first musical Friday night and then again on Saturday night. All three grandkids were at the house yesterday, one starting crying for no reason, and the next thing we knew, all three were crying for no reason… Ahhh, we’ll all be together in March for a week! I had to laugh at them… OK… fun a the Butler House! And with that, we’ll head into the last full week of January… I hope you have a Marvelous Monday! Chuck Butler President EverBank World Markets 1-800-926-4922 1-314-647-3837 www.everbank.com
Ed. note: This story appeared earlier in a shortened form.Ed. note: This story has been updated to reflect the correct name of the ACEs score. With the national opioid epidemic in the spotlight, two Winston-Salem filmmakers are focusing their lens on mothers. The film follows families and caregivers in Asheville facing Neonatal Abstinence Syndrome. NAS happens when babies are born exposed to substances.The documentary, which is still in the final stages of production, is directed by Dom Silva and Stan Wright, both students of Wake Forest University’s documentary film program.Stan Wright spoke with WFDD’s Eddie Garcia.Interview HighlightsOn what the film’s title, Original Body of Pain, means: On the perception of those facing addiction vs. day-to-day reality: Obviously with a film of this nature you can’t just go in blind and start asking people if they’re addicted to drugs, or if they have substance abuse issues, and if they’re pregnant. Our biggest advocates were the home nurses we were working with. These are the people that go into the home in the weeks and months after the baby’s born to make sure that they’re developing properly that the wean is going properly.And so when they would go on their home visits, they would approach the families and say, ‘Hey we have this project, it’s a compassionate take on women who have gone through substance exposures and addiction and have kids. Would you like to be a part of it?’ So we probably talked to 10, 12 women before we landed on the final three. It’s a term that our main character actually refers to as having learned in treatment. The way she describes it is basically there’s this one inciting incident within a person who struggles with addiction’s life that leads them to further trauma, and she calls it an original body of pain…one of our main characters, her name is Joanna Christoph, she’s a home health nurse, she talks about this adverse childhood experiences score, and it’s a score that they use to determine a level of childhood trauma within a family.So a lot of questions are asked including: ‘Have you been abused physically or sexually? Has one of your parents died? Have you been raised without a parent? Has a parent been incarcerated? Has one of your family members struggled with alcoholism or drug abuse?’ And there’s this series of 10 questions that lead up to this ACEs score. And so it’s just a nice fitting kind of segue into this larger conversation about some of the underpinnings of addiction, as well as a reference to something our character says in the film. On gaining intimate access to the lives of the women in the film: A point of clarity, just for what we’re doing with our film, is that we’re working with recovering addicts. So these are people that were in treatment, were in counseling. These weren’t people who were actively shooting up and using. I think that’s important to say because it shows that there is hope, there is recovery for women who have gone through this. Even with children in the family.The day-to-day realities are so much more jovial. A lot of the story of us going in and shooting with these homes – and I think we’ve shot over 30 times with one of our characters Ashley and her three boys – is water balloon fights, and birthday parties, and graduations. And there’s a lot of happiness in the day-to-day that comes with the sobriety surrounding recovery, and the newfound ability for these women to really take in and appreciate what’s around them and their families.
The Trump administration’s decision to abandon the Affordable Care Act in an ongoing court challenge could affect some of the most popular pillars of the law — further intensifying the fight over health care in the middle of an election year.It is unusual for the Justice Department to refuse to defend existing law in court challenges. In this case, 20 states sued the federal government in February claiming the individual mandate is unconstitutional after Congress zeroed out the tax penalty for not having health insurance in its 2017 tax cut law. The lawsuit, led by Texas Attorney General Ken Paxton, contends that without an individual mandate, the entirety of the ACA, commonly known as Obamacare, is unconstitutional.If that argument prevails in the courts, it would render unconstitutional Obamacare provisions that ban insurance companies from denying coverage to people with pre-existing conditions — arguably the most popular component of the 2010 health care law.As many as 130 million adults under age 65 in the U.S. have pre-existing conditions that could result in their not being able to get insurance coverage in the private market, according to the Department of Health and Human Services. The Kaiser Family Foundation puts the number at about a quarter of the country’s under-65 population. A Kaiser tracking poll in June 2017 showed 70 percent of adults want Congress to keep pre-existing condition protections.Before the Affordable Care Act became law, insurance companies routinely declined health insurance coverage to people who had ongoing medical conditions or recent illnesses. Even when insurers offered policies to those with health problems, they often excluded those illnesses. And insurance companies could cancel coverage for people who became ill once the policy year ended.The ACA made all those practices illegal. By withdrawing from defending the law in court, the Trump administration is saying it no longer supports those consumer protections, which are popular with voters. The move could upend insurance markets for next year and change the dynamic of this fall’s elections.”This suit comes as insurers are proposing individual market premiums for 2019. The lawsuit injects more uncertainty into what is already an uncertain environment for insurers. Insurers hate uncertainty, and they respond to it by hedging their bets and increasing premiums,” says Larry Levitt, senior vice president at the Kaiser Family Foundation.Nicholas Bagley, a professor at the University of Michigan Law School who had been a Justice Department lawyer, says DOJ’s move is troubling.”The Justice Department has a long-standing, durable, bipartisan commitment to defend acts of Congress. It’s a cornerstone of what they do,” he says. “For the Trump administration to crumple that up and throw it out the window is galling.”Just hours before the Justice Department officially withdrew from the case, three of the staff attorneys who had been working on it withdrew. “These are civil servants. They’re not political. They are good soldiers. Their job is to defend federal programs,” Bagley says, noting that he has not talked with any of them about the case. “They believed they could not in good conscience, consistent with their professional obligations, sign the brief. These are people who defend programs they disagree with all the time.”The Justice Department has opted not to defend existing law in the courts in other matters. For instance, in 2012 the Obama Justice Department said it would not defend the Defense of Marriage Act, which legally defined marriage as a union between a man and a woman for federal purposes.America’s Health Insurance Plans, the trade association for health insurance companies, supports the pre-existing condition protections under the ACA. “Removing those provisions will result in renewed uncertainty in the individual market, create a patchwork of requirements in the states, cause rates to go even higher for older Americans and sicker patients, and make it challenging to introduce products and rates for 2019,” AHIP said in a statement.AHIP said it will file an amicus brief in support of the law that “provides more detail about the harm that would come to millions of Americans if the request to invalidate the ACA is granted in whole or in part.”On Capitol Hill, congressional Republicans’ reaction to the Trump administration’s decision was muted, with many lawmakers voicing skepticism that the courts would ultimately rule against a law already upheld by the Supreme Court.”We need to let that go forward and see if it goes anywhere,” said Rep. Tom MacArthur, R-N.J. “I don’t know if that legal logic will fly or not.” MacArthur worked on legislation to continue pre-existing condition protections during the GOP’s unsuccessful effort to repeal Obamacare last year.While the ACA has been the target of a sharply divided and partisan debate for nearly a decade, pre-existing protections are one of the most popular actions Congress has taken in modern times. “I think that’s a pretty essential pact with the American people,” said MacArthur.Health care is already a dominant issue in this year’s elections, with voters regularly citing it as a leading determinant for how they will vote.”There is no doubt that Republicans are responsible for the rising cost of healthcare premiums and the high likelihood that many will no longer be able to afford basic care at all, and they will face serious blowback in the midterms,” the House Democrats’ campaign operation said in a statement. Copyright 2018 NPR. To see more, visit http://www.npr.org/.