Man City paired with Wigan in FA Cup fifth round draw

first_imgFA Cup Man City paired with Wigan in FA Cup fifth round draw Goal Last updated 1 year ago 03:33 1/30/18 FacebookTwitterRedditcopy Comments(0) Pep Guardiola Manchester City Getty FA Cup Manchester City Manchester United Chelsea Tottenham Hotspur In a replay of the 2013 final, the Premier League leaders will take on the League One side, while Chelsea host Hull City Manchester City face an away trip to League One leaders Wigan Athletic in the fifth round of the FA Cup, while Chelsea host struggling Championship side Hull City.Pep Guardiola’s men beat Cardiff City 2-0 on Sunday to set up a tie with Paul Cook’s side, who have a two-point lead at the top of English football’s third tier and have already knocked two Premier League sides out of the competition this season.The Premier League leaders will be hoping to avoid a similar outcome to the 2013 final against the same opposition, when Ben Watson headed Roberto Martinez’s Wigan to a late victory against a City side coached by Roberto Mancini. Article continues below Editors’ Picks Lyon treble & England heartbreak: The full story behind Lucy Bronze’s dramatic 2019 Liverpool v Man City is now the league’s biggest rivalry and the bitterness is growing Megan Rapinoe: Born & brilliant in the U.S.A. A Liverpool legend in the making: Behind Virgil van Dijk’s remarkable rise to world’s best player Meanwhile, Manchester United will travel to take on the winner of next Tuesday’s fourth round replay between Birmingham City and Huddersfield Town.After drawing 1-1 at Newport County on Saturday, Tottenham will have to get the better of the League Two side when they meet again next week to decide who will go on face either Rochdale or Millwall.West Brom will host Southampton in the round’s only confirmed all-Premier League encounter, while Leicester City will host Sheffield United and Swansea must navigate a replay with Notts County on Tuesday February 6 to set up a tie with Sheffield Wednesday. Date Match Feb 17-18 Sheffield Wednesday vs Notts County/Swansea City Feb 17-18 West Bromwich Albion vs Southampton Feb 17-18 Chelsea vs Hull City Feb 17-18 Leicester City vs Sheffield United Feb 17-18  Huddersfield Town/Birmingham City vs Manchester United Feb 17-18 Millwall/Rochdale vs Newport County/Tottenham  Feb 17-18 Brighton and Hove Albion vs Coventry City Feb 17-18 Wigan Athletic vs Manchester Citylast_img read more

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15 days agoSouthampton manager Hasenhuttl loses another backroom staff member

first_imgSouthampton manager Hasenhuttl loses another backroom staff memberby Freddie Taylor15 days agoSend to a friendShare the loveSouthampton manager Ralph Hasenhuttl has lost another member of his backroom staff.Hasenhuttl lost number two Danny Rohl to Bayern Munich two months ago.And now the club’s head of performance analysis Natasha Patel has joined New York Red Bulls.A statement on the Saints’ website reads: “Patel will oversee and expand the club’s use of analytics in areas including opponent scouting, game preparation and player evaluations from the Red Bulls First Team down through Red Bulls Academy.” About the authorFreddie TaylorShare the loveHave your saylast_img

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Canada Goose shares up after betterthanexpected results plans for new stores

first_imgTORONTO – Shares of Canada Goose Holdings Inc. rose more than 30 per cent on Friday after it reported stronger-than-expected earnings and announced plans for three new stores in North America.Canada Goose stock closed up $18.02 at $78.01 on the Toronto Stock Exchange.The increase came after the luxury parka maker reported a fourth-quarter profit of $8.1 million or seven cents per diluted share compared with a loss of $23.4 million or 23 cents per diluted share a year ago.Revenue for the quarter ended March 31 totalled $124.8 million, up from $51.1 million in the same quarter a year earlier.On an adjusted basis, Canada Goose said it earned $9.9 million or nine cents per diluted share.Economists on average had expected a loss of eight cents per share for the quarter, according to Thomson Reuters Eikon.Canada Goose also announced Friday that it would open new stores in Short Hills, N.J., Montreal and Vancouver this fall as part of its retail expansion plan.The locations are expected to open ahead of the 2018 holiday shopping season.For its full financial year, Canada Goose says it earned $96.1 million or 86 cents per diluted share on $591.2 million in revenue. That compared with a profit of $21.0 million or 21 cents per share on $403.8 million in revenue in the previous year.Companies in this story: (TSX:GOOS)last_img read more

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PRRD to allow residents to remove vehicles used for work from Old

first_imgFor more information on the permit, click here.The Regional District is also reminding residents to respect and obey security checkpoints.  The slide is still active and the community remains under an evacuation order.  In a posting on the PRRD website, the District says “Security has been put in place to ensure the security of residences left unattended, and to know the number of contractors that working in the area restoring utilities.  Entry permits can be obtained from the PRRD; this is so that the PRRD knows who is in the evacuation area.” FORT ST. JOHN, B.C. – The Peace River Regional District will start to issue permits to residents of the Old Fort so they can remove work vehicles from the community.The PRRD says if you have a 4×4 vehicle that is still in the community of Old Fort that sustains a business, you can contact the PRRD at 250-784-3200 and they will look at issuing entry permits to remove those vehicles.“The passage for getting out of the community location is a 4×4 road, so please take this into consideration before you submit your permit application.”last_img read more

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In highstate of preparedness to deal with threat from Pak

first_imgNew Delhi: The Indian Air Force on Thursday said it was in a high state of preparedness to pro-actively engage any perceived threat from Pakistan, in clear indication that underlying tension between the two countries remained.Citing a document of Pakistan’s civil aviation authority, the IAF said the neighbouring country has opened its airspace with Oman, Iran, Afghanistan and China only and the 11 entry and exit points located along Indo-Pak airspace were still closed. Also Read – How a psychopath killer hid behind the mask of a devout laity!”The Indian Air Force is in a high state of preparedness, to pro-actively engage any perceived threat in the present security scenario,” the IAF said in a statement. It said a strict vigil in the skies to detect and thwart any act of aggression from Pakistan Air Force is being maintained. Officials said all the frontline IAF bases along India’s western border have been kept on maximum alert. Tensions between the two countries escalated after Indian fighters bombed terror group Jaish-e-Mohammed’s biggest training camp near Balakot deep inside Pakistan on February 26. Pakistan retaliated by attempting to target Indian military installations on February 27. However, the IAF thwarted their plans. The Indian strike on the JeM camp came 12 days after the terror outfit claimed responsibility for a suicide attack on a CRPF convoy in Kashmir, killing 40 soldiers.last_img read more

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Multichannel broadcaster UKTV is set to launch a n

first_imgMultichannel broadcaster UKTV is set to launch a new British drama network on UK digital-terrestrial service Freeview. The free channel, called Drama, is due to go live on July 8 and will broadcast a range of catalogue drama from the past 40 years, including Lark Rise to Candleford, Sharpe, Pride and Prejudice and Tipping the Velvet. It is the first UKTV channel to launch since the 2009 introduction of lifestyle network Really, and joins UKTV’s line-up of other free-to-air channels, the male-skewing Dave and factual network Yesterday.“Drama is targeted at a different audience demographic than our other highly successful free-to-air channels,” said UKTV controller Emma Tennant. “The channel is aimed at people who simply love drama and want to watch critically-acclaimed shows that have absolutely defined the landscape of British television.”last_img read more

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BSkyB has launched a new service app enabling cus

first_imgBSkyB has launched a new service app, enabling customers to keep track of their Sky account via their mobile devices. According to Sky, the app lets customers check their bill, change their settings and manage their engineer visit from a wide range of mobile devices.The Sky Service App has been designed and optimised for iPhones using on iOS 7 and higher and Android devices using version 4.0 and higher. Customers can also access the app on their iPad. There will be future updates to support additional devices with further enhancements according to Sky.“We’re always looking for ways to improve our customer service and make our customers’ lives easier and we think the new Sky Service app is a great way to help them save time. Our customers can now check engineer appointments and view and pay their bill whenever it suits them, without having to call us,” said Chris Stylianou, managing director, customer service group.last_img read more

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There will be a fivefold increase in SVoD revenue

first_imgThere will be a five-fold increase in SVoD revenues across emerging markets between 2014 and 2019, according to new research.Pyramid Research forecasts that cumulative emerging market SVOD revenues will total US$18.8 billion in the five-year forecast period with markets in Asia Pacific and Latin America accounting for the bulk of that amount.Having surveyed Africa and the Middle East, Asia Pacific, Central and Eastern Europe, and Latin America, Pyramid said China, Russia, Brazil and Mexico ‘offer the most scale and growth potential over the next five years’.The research house noted that paid VOD and hybrid paid and advertising models are gaining traction in emerging markets as pure ad-based systems become difficult to sustain given the rising cost of content.Improved broadband infrastructure and network speed are also spurring SVOD launches. It said that most OTT viewing will be over fixed broadband although WiFi will become a key enabler of viewing on mobile connected devices,Pyramid added that incumbent pay TV operators in emerging markets should look to add third-party OTT services to their own offerings. “In order to reinforce their market position, all pay-TV operators should consider aggregating third-party OTT services within the main service portfolio in addition to standalone OTT propositions,” it said.last_img read more

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PROMOTED POST Its back by popular demand Derry

first_img PROMOTED POST:It’s back by popular demand!Derry’s Waterfoot Hotel has brought back its 2 for £12 meals. That’s 2 course for just £12 – just choose from the mouth-watering menu.It’s available from 5.30pm Monday to Friday.Reservations are on 02871 345500.WATERFOOT HOTEL BRINGS BACK ITS 2 FOR £12 DINNER DEAL was last modified: January 14th, 2015 by John2John2 Tags: ShareTweetcenter_img 2 for £12WATERFOOT HOTELlast_img

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In This Issue… Currencies rally strongly this m

first_imgIn 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.comlast_img read more

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Pigs Get Slaughtered Consider this In 1975 109 c

first_imgPigs Get SlaughteredConsider this: In 1975, 109 companies produced 50% of earnings. In 2015, just 30 companies accounted for half of all the earnings from all U.S.-listed companies.That means the earning power of public companies is concentrated in a shrinking number of firms. As a result, investors have fewer choices today than at any other time—maybe ever.But why? Well, the Federal Reserve has had a lot to do with it. You see, the Fed’s been running an ultra-low interest rate experiment over the past 20 years.This has made borrowing money easy, even for people who don’t need the money. After all, it’s not too hard to pay interest on a 0% loan. Now, you and I can’t borrow money that cheaply… But the most connected borrowers can.As a result, the private equity industry has been one of the biggest beneficiaries of this money experiment.In case you’re not familiar with the private equity industry, here’s how it works… High-net-worth investors pledge cash to a specific fund. Once the fund raises its target amount of money—say $200 million—it closes to additional investment. It also closes the door for investors to pull money out.The fund’s managers then take the $200 million in cash and borrow an additional amount. This can turn $200 million into $1 billion of buying power. Keep in mind, the managers receive 2% of the $200 million invested each year. That gives them $4 million to pay their salaries and expenses while they invest the funds.I’ve seen this play out firsthand.Just after college, I worked as a sales rep for a manufacturing firm. We produced mattresses in 26 factories across the U.S. The owners sold the company for $800 million to a private equity firm. Within months of taking over, I learned that the private equity firm took out a massive loan against the business.Here’s what’s interesting. They didn’t use that money to invest in new factories or equipment. Instead, they paid a huge dividend—equal to almost the entire purchase price—to themselves. This meant that the business merely had to generate enough income to service the massive loan. If it could do that, its private equity firm owners had a risk-free investment.It gets better. These firms also capture 20% of any profit they generate when they sell assets. In this case, if they resold the firm a few years later for $1 billion, they’d collect another $40 million in incentive fees.This type of investing went mainstream in the 1980s. And it only grew from there. Today, it’s officially out of control. It’s a large part of why there are so few public companies remaining today… and this wave of consolidation is just getting started.Just look at the chart below. It shows how much cash private equity firms are sitting on today.You can see that private equity firms are sitting on a staggering $1.7 trillion in cash. That’s equal to 9% of the entire U.S. economy’s annual output… just sitting in cash.In the coming years, these private equity firms will use this cash hoard to take businesses private, load them up with debt, pay themselves rich dividends, and then leave the companies for dead… just like they recently did with Toys “R” Us.The good news is that you can turn this market phenomenon into huge profits by buying takeover targets or highly successful serial acquirers.In my first issue of Strategic Investor, I told my readers about one such company. You can learn about that company by taking my brand-new advisory for a test drive.Regards,E.B. Tucker Editor, Strategic InvestorJustin’s note: Keep your eyes peeled for tomorrow’s Dispatch, where I’ll talk more about E.B’s big idea. Specifically, I’ll show you which sector is set to soar while this trend plays out. You won’t want to miss it…In the meantime, I urge you to sign up for E.B.’s brand-new letter, Strategic Investor. E.B. sees a massive shift happening in the markets, and it’s never been more important to have a specific plan of attack. As E.B. says, “We don’t have the same opportunity to make money in the stock market like we’ve had for the past 100 years.” To survive and thrive in the coming years, you’ll want to get E.B.’s top recommendations. Learn more here.Reader MailbagToday, a reader shares his thoughts on the future of electric car-maker Tesla…I don’t believe Tesla is going to zero… it’s already one of the “too big to fail” companies. The Trump administration will bail them out giving them a sh*tload of money to stay operating and keep jobs. I do believe its stock price will go down like 50%. – BogarAs always, if you have any questions or suggestions for the Dispatch, send them to us right here. Recommended Link Does this describe you? We know there’s a small group of readers who are obsessed with learning more about trading. Maybe you’re a day-trader, or an active paper trader. But if you’re fascinated by all the secret relationships in the stock market, and interested in learning new ways to make money… this is for you. Click here for details. — Justin’s note: Today, we have an important essay from E.B. Tucker, editor of our brand-new Strategic Investor newsletter. Below, E.B. lays out his thesis for the last great bull market of our lifetimes… and what to expect going forward.As you’ll see, what worked for investors in the past is not going to work over the next few years… By E.B. Tucker, editor, Strategic InvestorRight now, we’re seeing a set of indicators we’ve never seen before. If someone told me about them 20 years ago, I would have struggled to picture them.In short, we’re on the cusp of a tremendous bull market.It’s nothing like what we saw in the 1960s or 1980s. Those bull markets rode on the back of economic growth. In both cases, you would have made more acceptable returns by simply buying the Dow Jones Industrial Average.The coming bull market looks entirely different. Most people will miss it because they’re used to making “easy money.”You see, investors dumped $692 billion into passive funds like the Vanguard 500 Index Fund last year. They blindly invested in stocks, and that worked quite well. Now, the average person believes buying the overall market index is his path to steady riches. He’s dead wrong. — The Next Giant Leap For Mankind? (Unbelievable) For 81 years, America’s had a secret weapon in the space race… a little-known NASA lab headquartered a thousand miles away from the Kennedy Space Center. Thanks to the same scientists that put man on the moon, you can get into the market’s biggest, fastest windfalls before they rocket up. Click here now to continue reading. Recommended Link Here’s why…The U.S. stock market is worth $29 trillion today. Twenty years ago, it was worth $12.9 trillion. That’s an increase of 124%.U.S. GDP looks similar. Twenty years ago, it was $8.9 trillion. Today, it’s $19.8 trillion—a 122% increase.And yet, there are half as many publicly listed companies in the U.S. today than there were 20 years ago. You can see what I mean below:You can see that the number of public companies used to grow in step with the economy. Americans would start businesses, build them up, and take them public when they needed access to more capital.Public companies also became the lifeblood of the wealth-building process for most investors. And for good reason. You see, there’s a gap between what people earn and what they need to retire. Capital gains from investments usually help close the gap.But it’s tough to get out and source private investment deals if you sit behind a desk all day. Even if you do, digging into the details takes time. You also need to make sure you avoid crooks and cheats. I know about these headaches because I’ve been involved in many private investments.Buying stocks is much easier. This is because public companies are required by law to publish detailed financials and operating information. Anyone can look at this.The problem is that the number of publicly traded companies in the U.S. is falling at an alarming rate. The good news is that we know why it’s happening. More importantly, we see a way to profit from it.last_img read more

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Ed note This story appeared earlier in a shorten

first_imgEd. 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.center_img 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.last_img read more

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The Trump administrations decision to abandon the

first_imgThe 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. 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Michel Yao says his job is a lot like being a dete

first_imgMichel Yao says his job is a lot like being a detective.Yao is leading the World Health Organization’s on-the-ground response to the ongoing Ebola outbreak in the Democratic Republic of the Congo. And as each new person falls sick, his team must race to figure out how the person got infected. So, Yao says, “we ask the person a series of questions.”First up: Were you in contact with any sick person who had some symptoms like bleeding or like fever? Perhaps a relative you were taking care of? No? OK, did you attend a funeral? (At traditional funerals, mourners often wash the body, another way many people are infected with Ebola.)No, again? Well, then, have you recently touched any dead animals?But some weeks ago, as cases started erupting around two towns, Katwa and Butembo, the investigators found that patient after patient had something else in common: They had all recently visited a health clinic for treatment for some other disease such as a respiratory infection or malaria. “They would say, ‘I went to the hospital. They treated me. I got clear [of that illness]. And then a few days after, I start having fevers.’ ” Fevers that were the first of signs of Ebola. The surge of confirmed cases in Katwa and Butembo – 307 and rising — is now the largest flare-up during the course of this outbreak, which has infected nearly 900 people since August. And WHO officials estimate that in about one-fifth of these recent cases, the person contracted Ebola at health care facilities.When Yao started visiting the clinics, it was pretty obvious how this was happening: Even government-run facilities such as large hospitals hadn’t set up triage tents to separate possible Ebola patients from everyone else.”This disease is not well-known in this part of the country. It is the first time,” Yao explains, even though Ebola has broken out in other parts of the DRC on multiple occasions. Even more problematic, says Yao, are the hundreds of unofficial private health facilities in this area. Some are large operations. In many other cases, says Yao, “it’s just a house — a very old house.”And often a crowded one at that. “In one bed putting two children.”These facilities are also often short on supplies. “You can see people using several times the same gloves or the same equipment,” including syringes, says Yao.Along with modern medicine, many facilities also offer traditional cures. (Indeed, health officials commonly refer to such facilities as “tradi-moderns.”) And this too creates opportunities for infection, says Yao. That’s because the traditional medicines are often diluted in water and put in a cup for the patient to drink. Then, he has noticed on his visits, the cup often isn’t cleaned before it’s passed on to the next patient.In response to all these findings, Congo’s government and the WHO are trying to reach out to every one of these health facilities in Katwa and Butembo. In conjunction with a range of nonprofit aid organizations, they are training the staff on infection control and providing them with necessary protective equipment.But it’s a daunting task. Just finding all the private clinics is difficult because there’s no official list, says Yao. Officials know about only the ones reported by Ebola patients.Dr. Cimanuka Germain of International Medical Corps, which is helping with the effort, says private clinics sometimes resist the help.For instance, when he told the staff of one clinic that they should report suspected Ebola cases to a hotline instead of treating them, their response was: “This is not possible for us.” That facility treats about 65 patients a day, says Germain. They didn’t want to lose business.Then there’s the facility where Germain spent days training nurses on how to set up and operate a triage tent. Two weeks ago he showed up for a surprise visit.”One of them was there without wearing gloves,” Germain says, sighing incredulously.For Germain the takeaway was clear: “To change someone’s behavior is not [a matter of] one day or two days — you need time.”He had been visiting weekly — but from that point on he assigned two people from his organization to keep watch at the clinic all day every day. And he has done the same thing for the 11 other facilities working with International Medical Corps. Officials are optimistic the watchdogging will work because of the success of similar efforts in a town called Beni — about 40 miles from Katwa. Last autumn, Beni was the epicenter of the outbreak, with the number of cases ultimately topping 200. But over the last three weeks, the caseload there has dropped to nearly zero.Yao, of the World Health Organization, says improving infection control in Beni’s health clinics played a big role in the change. Still, Yao notes, “it took us more than two months to reach these results.”Laurent Sabard, health coordinator with the International Committee of the Red Cross, which has been working with health facilities in Beni, says they can’t afford to let up anytime soon.”We have to continually follow up,” he says. If only to ensure they don’t run out of supplies. The thermometers given out by the Red Cross are a thermoflash type that lets you take someone’s temperature without touching the person, notes Sabard. “But they have to change the battery regularly — so we have to provide them with batteries regularly.”Adding to the difficulty is the insecurity of the area, where multiple armed groups frequently clash with government forces. Paul Lopodo of Save the Children — which has been working with 39 health centers in the outbreak zone — recalls how back in December the violence prevented the group from checking in with one public clinic for two weeks. By the time they returned, the staff was so out of practice, says Lopodo, that “we had to the run the training all over again.” Copyright 2019 NPR. To see more, visit https://www.npr.org.last_img read more

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Activists are today 4 August set to hold a vigil

first_imgActivists are today (4 August) set to hold a vigil outside the Japanese embassy in central London to express their “horror and huge sadness” at last week’s mass killings of 19 disabled residents of a care institution in Japan.The idea for the vigil came from disabled activist Eleanor Lisney, who is east Asian herself, with support from fellow activist Dennis Queen, a leading member of the disabled people’s anti-euthanasia network Not Dead Yet UK.The hope is to hand the embassy 19 lilies, one for each of the 19 deaths, and the results of an online book of condolence organised by Disabled People Against Cuts, Inclusion London and People First (Self Advocacy).Another vigil, unconnected with the London event, was also due to take place today in Lancaster.Lisney said: “I am just hoping to show solidarity, to show that if you do things in one part of the world, it would not go unnoticed [in another part].“I was really upset by what was happening and really sad that this happened in a care facility.“I think we have to show solidarity because what happens to one of us happens to all of us. They were our brothers and sisters.”A former care worker in the Tsukui Yamayuri En institution in Sagamihara allegedly broke into the building last week and murdered 19 disabled people with high support needs, and injured 25 others.It has been reported that he then drove to a police station and told officers: “I did it. It is better that disabled people disappear.”It has been said that he had previously written a letter to a senior parliamentary figure, in which he argued that the Japanese government should legalise euthanasia of disabled people, and that he would be willing to carry out hundreds of killings himself by targeting two care institutions.The day before he quit his job, in February this year, he reportedly told co-workers that he thought all disabled people should be killed.The next day, he was committed to a mental health hospital, where he apparently told an official: “There are 800 million people with disabilities worldwide. Money is spent on them. It should be used for other purposes.” He was discharged from the hospital two weeks later.In a statement released after the killings, the Japan National Assembly of Disabled Peoples’ International (DPI-JAPAN) said that if his words were as reported, his actions were “purely caused by the eugenics that questions the existence of persons with disabilities”.He added: “We, DPI-JAPAN, reaffirm our commitment to fight against eugenics with great anger and grief.“During recent years, there are increased incidents of hate crime and hate speech against persons with disabilities and other minority groups.“This particular incident should not be overlooked. Now, more than ever, [there is a] need to create an inclusive society which does not allow hate crime or hate speech.”Lisney said she was partly motivated to organise today’s vigil by comments on social media that suggested part of the explanation for the killings lay within Asian culture.She said: “I got really annoyed about that, because eugenics is not in Asian culture.”Lisney said she believed that the targeted violence experienced by disabled people in the UK is more subtle than the horrors experienced by the residents of Tsukui Yamayuri En, and comes instead from the government, with its policies aimed at cutting support for disabled people.As she wrote yesterday in her blog: “It is not as gory as a bloodied kitchen knife in the middle of the night but the result is both ending in pain filled deaths as a result of their disabled status.“And the reasoning behind both is that disabled people’s lives are not worth keeping.” Lisney said she also saw a similarity with the attitudes behind the new assisted dying bill introduced by the Tory peer and former MP Lord Hayward, treasurer of Dignity in Dying, who has launched another push to legalise assisted suicide in the House of Lords.She said: “In this country they might call it mercy killing but to me it’s just packaging: ‘You’re bloody useless, you’re just a drain on resources, why don’t we make you go away?’“It’s no different to this guy [in Japan].”Queen said the vigil was important because it was “important to show solidarity to the survivors of this massacre and to show our sadness at the people whose lives have been lost and just share our thoughts and love with their families and everyone involved”.Like Lisney, she said the beliefs that appeared to have prompted the actions of the alleged killer were “something we are very familiar with and face every day”.She said: “This is the eugenics thinking that believes we are not worthy of money, of oxygen, of the space, of the care and the love that we share with our families.“We can’t escape it and that is partly where the solidarity is coming from. We recognise exactly the same hatred here and we experience it here.“It’s bringing a wave of solidarity across the globe.”She said it would not be a shock if something similar to the Japanese killings happened in Britain, and she agreed with Lisney that the same type of eugenics-type thinking – that disabled people are not worth spending money on – was already contributing to people’s austerity-related deaths, for example through sub-standard healthcare or losing their social care.She said: “Much of the thinking behind [the assisted dying bill] is tainted with the same eugenic thinking.“It is still rooted in the same idea that at some point some lives are not worth living.“We at Not Dead Yet UK disagree with this idea; we believe every day of every person’s life is just as valid and valuable as everyone else’s, and that each of us deserve the same right to live.“I think a lot of people would like to think they can ‘keep it polite’ and that thoughts don’t lead to anything, but to keep perpetrating the idea that some lives are not worth living is what leads to outcomes like this.”Picture: Disabled activists including Penny Pepper (right) and Sophie Partridge (centre) at the vigil this afternoonlast_img read more

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4GEnabled Feature Phone Launched in India

first_imgAdvertisement Indian based mobile handset firm; Lava International, on Tuesday launched a 4G-enabled feature phone; dubbed – Lava 4G Connect M1 priced at Rs. 3,333/- (roughly $50,  UGX 178,000) which will be limited to India.According to reports by GadgetsNow, the phone combines the experience of a smartphone and the durability, affordability and battery back-up of a feature phone. Powered by 1.2 GHz Quad core processor with 512 MB RAM.Lava 4G Connect M1 comes pre-loaded with Facebook Lite and messaging applications. – Advertisement – In a press statement, Gaurav Nigam, Head of Product at Lava International said, “With the launch of this smart feature phone, we believe, will create possibilities for users as they will now be able to consume digital content and even do digital transactions.”Features like Wireless FM, Box speaker and K class amplifier for loud and clear sound, and VGA camera makes Lava 4G Connect M1 as an entertainment oriented 4G-Enabled Feature Phone.Apart from 4G, Lava 4G Connect M1 supports 2G voice calling and EDGE connectivity.The Lava 4G Connect M1 is limited only to India.With the launch of this phone, users will be able to access high speed internet along with the benefit of durability and battery that are the strong points of a feature phone.The company is also known for its other products such as the Iris Pro 30; it launched in 2014 as part of the Iris Pro series, Iris Win1; the first Windows phone they launched in 2014, and the X50; that was launched in 2016, and so forth.[related-posts]last_img read more

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That Time Disney Rejected A Woman Job ApplicantBecause She Was A Woman

first_img Free Webinar | July 31: Secrets to Running a Successful Family Business President of The Marks Group Opinions expressed by Entrepreneur contributors are their own. 3 min read Next Article Gender Bias At lot has changed but it’s taken 80 years. –shares Contributor Gene Marks Once upon a time a woman applied for a job at a big company that everyone knows.But, as Alyssa Rosenberg at ThinkProgress writes, the woman was unfortunately rejected. Not because she was unqualified. But because she was a woman. The woman’s name was Mary Ford and the company was Walt Disney Productions. The rejection letter, which can be seen here, went like this:Dear Miss Ford:Women do not do any of the creative work in connection with preparing the cartoons for the screen as that work is performed entirely by young men.  For this reason girls are not considered by the training school.The only work open to work women consists of tracing the characters on clear celluloid sheets with India ink and filling in the tracings on the reverse side with print according to directions.In order to apply for a position as “Inker” or “Painter” it is necessary that one appear at the Studio, bringing samples of pen and ink and water color work. It would not be advisable to come to Hollywood with the above specifically in view, as there are really very few openings in comparison with the number of girls who apply.The letter was signed by a Mary Cleane. Another woman. It was written in 1938.If you’re a female entrepreneur, business owner or employee, does this letter make you angry? It shouldn’t. It should make you very, very happy. Why? Because it’s clearly not 1938 anymore.Related: What Business Leaders Are Getting Wrong About Bias TrainingIn 2018, there were 12.3 million women-owned businesses in the U.S. as compared to 402,000 in 1972, Since 2007 that number has increased by 58 percent.  Today, four out of every ten businesses in the U.S. are female-owned. Last year more than 1,800 net new women-owned businesses were launched every day and more than two-thirds of those were founded by women of color. In today’s business world, women are slightly more likely to start a business than men. (All of this recent data comes from two reports – one from SCORE and the other from American Express – and both were summarized in this article by the Women’s Business Enterprise National Council).It’s great news but it’s not time to put on the party hats.According to the 2018 Women in the Workplace Report from McKinsey & Company and LeanIn.Org. while women now hold 38 percent of managerial positions in corporate America, they are still twice as likely to be mistaken for much more junior employees, continue to suffer from harassment and discrimination at work at rates far above their male counterparts and still lag behind in earnings and advancement opportunities. There is clearly much, much work to do.Related: Simply Hiring More Women Isn’t Enough to Fix Tech’s Gender IssueBut the takeaway is this: while we haven’t reached parity, females have come a long, long way since 1938. Be grateful. Keep fighting. Males — particularly those of us in our 50’s who make up the majority of business owners in this country — are getting the message. Maybe the change isn’t as fast as it should be. But it’s happening – and the reaction by society today to what was once a commonplace occurrence in 1938 should be confirmation enough.Oh, and if it’s any consolation, the men working those cartoon preparation jobs at Disney back in the ’30’s were replaced by computers long ago! That Time Disney Rejected A Woman Job Applicant…Because She Was A Woman Image credit: Drew Angerer | Getty Images June 13, 2019 Learn how to successfully navigate family business dynamics and build businesses that excel. Add to Queue Register Now »last_img read more

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Tech Tools to Grow Your Biz

first_imgGrowth Strategies This story appears in the October 2006 issue of Entrepreneurs StartUps Magazine. Subscribe » Amanda C. Kooser Smooth the road to expansion with these tools. Take it into account: Peachtree by Sage Premium Accounting 2007 is the latest in the line of popular business accounting software. The $500 (all prices street) Premium package supplies advanced features like progress billing, serialized inventory management, departmentalized financial statements and budget planning. New functionality for 2007 includes Outlook contact synchronization, improved integration with Excel, and Print-N-Sign tax forms. It’s designed for businesses in need of accounting software that can handle fast growth. A free trial is available so you can see if the software fits your business. If your needs are more basic, check into Peachtree First ($70) or Peachtree Pro ($170).In full view: There’s no need to settle when it comes to computer monitors–LCDs are big, comfortable, convenient and affordable. A 19-inch flat-panel display usually hits the sweet spot of both price and performance. BenQ’s FP91Gt is a 19-inch LCD with a superslim bezel design. That’s a big plus if you’re looking to boost your productivity by setting up two monitors side-by-side. With a street price of $215, you can afford to pick up a couple of FP91Gts on your way to building your million-dollar business. A superfast 8-millisecond response time and D-sub and DVI input support are nice features to have in this price range. Best of all, you’ll get the benefits of an easy-on-the-eyes flat-screen monitor.Smarter phoning: You don’t make a million dollars by standing still. On-the-go business owners are always looking for ways to slim down their portable technology. You can’t get much slimmer than a handheld without sacrificing features. The Palm Treo 700p handheld smartphone weighs just 6.4 ounces and packs in a full backlit qwerty keyboard, a 1.3 megapixel digital camera, a speakerphone and 128MB memory. Documents To Go software is included to let you access and edit Word and Excel files, view PDFs and check your PowerPoint presentations. Add in mobile phone and e-mail capabilities, and you have a miniature office to go. The 700p costs about $399 with a new mobile plan or about $650 if purchased alone. Attend this free webinar and learn how you can maximize efficiency while getting the most critical things done right. Add to Queue Free Webinar | Sept 5: Tips and Tools for Making Progress Toward Important Goals October 10, 2006 Tech Tools to Grow Your Biz Magazine Contributor Next Article Register Now » 2 min read –shareslast_img read more

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TN targets defence aerospace investments of 10 billionTN targets defence aerospace investments

first_imgTamil Nadu Published on aerospace (industry) TN’s proposed electric vehicle policy to empower auto segment Announces aerospace, defence industrial policy offering incentives, support COMMENT SHARE defence equipment Tamil Nadu is keen to replicate its success in building a strong automotive base with the defence and aerospace sector. It has set an ambitious target of attracting investments worth $10 billion in ten years generating direct and indirect employment opportunities for one lakh people.The State government has announced a slew of incentives, including subsidy for allotment of land, capital subsidy for individual units and for development of aerospace and defence industrial parks to make the State a preferred destination for investments.The ambitious target and incentives were unveiled in the Tamil Nadu Aerospace and Defence Industrial Policy 2019 released at the second edition of Tamil Nadu Global Investors Meeting 2019 (GIM). Defence Minister Nirmala Sitharaman released the policy with Tamil Nadu Chief Minister Edappadi K Palaniswami receiving the first copy.To attract global OEMs, tier-I suppliers and Indian majors to set up their units in Tamil Nadu, there will be flexibility in employment conditions including hiring of contract labour and working hours for women; 24X7 operations (three shifts), employment of women in night shifts.Special incentivesThe policy also states that new/existing manufacturing units with projects under the offset obligations requirement of the Defence Ministry will be offered special package of incentives. Concession will be given up to 30 per cent of land cost and 100 per cent reimbursement from stamp duty on land leased or purchased in the industrial parks/aerospace and defence parks promoted by State-run industry promotion agencies Sipcot/Tidco.Further, both the industries will be given 100 per cent exemption on electricity tax on power purchased from public sector utility, Tangedco.On capital subsidy for units, the policy says a new venture or expansion of existing aerospace and defence MSME industrial units with investment up to ₹10 crore will be given a back-ended capital subsidy at 10 per cent on its eligible fixed assets in ten equal installments over five years.An infrastructure back-ended subsidy at 10 per cent of the eligible fixed assets with a ceiling of ₹10 crore for the development of aerospace and defence industrial parks will be given to developers, provided the project has a minimum of 50 acres. Development of MRO complex is also eligible for the subsidy, the policy said.In her remarks, Sitharaman said the Defence corridor in Tamil Nadu is a vision of the Prime Minister Narendra Modi to make sure that defence production is not just for Indian consumers (Indian Armed Forces), but also for exports. Chief Minister Palaniswami, in his opening remarks said that the second edition of GIM targets an investment of ₹2 lakh crores, “which I am happy to say has already been exceeded.”“I would like to share with you that our Government has approved an investment proposal by Foxconn to assemble premium brand smart phones at Sriperumbudur,” said Palaniswami. At the inauguration, Japanese Ambassador to India Kenji Hiramatsu announced that All Nippon Airways will expand its operations in India by launching a direct flight from Chennai to Narita airport from October. Industry leaders, including Venu Srinivasan of TVS Motors, Karan Adani of the Adani Group spoke on the State’s strengths in various sectors, including education.center_img January 23, 2019 This year, Hyundai to unveil ‘world’s best’ electric car (from left) Nirmala Sitharaman, Defence Minister; Michael Brielmaier, President and MD, Ford India; Edappadi K Palaniswami, Tamil Nadu CM; O Panneerselvam, Deputy CM; MC Sampath, TN Industries Minister; K Gnanadesikan, TN Industries Secretary; Venu Srinivasan, Chairman, TVS Motor Co; Karan Adani, CEO of Adani Ports; and MM Murugappan, Executive Chairman, Murugappa Group at the inaugural session of the TN Global Investors Meet 2019, in Chennai on Wednesday   –  Bijoy Ghosh Global Investors Meet 2019 SHARE SHARE EMAIL RELATED COMMENTSlast_img read more

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Panel urges President to look into Andhra Pradeshs status

first_imgThe Prathyeka Hodha Vibhajana Hameela Sadhana Samithi has submitted a memorandum to the President, urging that assurances and promises made to the State of the Andhra Pradesh before the bifurcation be fulfilled within a specific span of time.The Samithi is a joint action committee to achieve special category status and promises made in the Bifurcation Act.‘State without capital’In its memorandum, the Samithi pointed out that the AP Re-Organisation Act, 2014, contains 14 assurances in the main Sections and 19 institutions and projects were mentioned in the Schedule XIII.“The Hon’ble President is aware that the State was left without a capital on account of bifurcation. There is, therefore, urgent need to create infrastructure in the new capital and we seek your intervention in extending assistance liberally as provided under Section 94 (3) of the AP Reorganisation Act, 2014,” it said.“The urgency is compounded by the fact that the State government relocated the administration by shifting all the offices from Hyderabad to Vijayawada to bring administration closer to people and officials & public are put to inconvenience on account of inadequate infrastructure. It is requested to make substantial allocations for capital construction, as a statutory duty is cast upon the GoI in this regard,” it added. The Samithi said if the assurances and promises are fulfilled in a specific span of time, there will be a scope for the residuary State of Andhra Pradesh to recover from the huge losses it suffered due to the bifurcation.“Since the division is forced on the State, it is the duty of the Government of India to regularly review all the above issues for expeditious resolution. In the circumstances, the above issues are brought to the kind notice of the Hon’ble President for his intervention and resolution of the pending issues for which act of the Hon’ble President, we are all grateful ,” the memorandum added. SHARE SHARE EMAIL COMMENT politics state politics COMMENTS Published oncenter_img February 12, 2019 SHARE Wants promises made during bifurcation to be fulfilled in a time-bound manner Andhra Pradesh Andhra Pradesh Chief Minister N Chandrababu Naidu, accompanied by a delegation, addresses the media after submitting a memorandum to President Ram Nath Kovind regarding the special status to the state of Andhra Pradesh New Delhi, Tuesday, Feb 12, 2019.   –  PTIlast_img read more

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