One of the Trump Organization’s India partners is accused of swindling investors out of $150 million

first_imgOne of the Trump Organization’s partners in an Indian project was accused of running an elaborate real estate scam, cheating investors out of roughly $150 million, according to complaints filed with Indian authorities.The Associated Press reported that Ramesh Sanka, former CEO of the real estate firm IREO, said in the documents that he saw “various acts of cheating, fraud and misappropriation of money” at the firm. IREO created “huge wrongful gains” for its managing director and his allies, said Sanka, who left the company in 2016.Read it at Business Insider Related Itemslast_img read more

"One of the Trump Organization’s India partners is accused of swindling investors out of $150 million"

FIFA World Cup 2018: Japan vs Senegal Preview

first_imgAdvertisementSparks are set to fly when Japan face Senegal at Ekaterinburg for the 2nd fixture of Group H. Both teams have won their first match where Japan beat Colombia and Senegal beat Poland 2-1. The winners of this match will end the 2nd fixture of Group H as the group leaders.Japan coach, Akira Nishino is looking beyond Sadio Mane, the dangerman of the squad who wasn’t the best in their last match. He expects the whole squad to play well.Before this tournament, Senegal had only played the 2002 World Cup where they went till the Quarter Final.Japan, on the other hand, would like to win this game and secure their spot for the next round of World Cup. Hopes are high as players are in form. Moreover, they want to change the history that no Asian team have registered consecutive wins in the group stages of a World Cup.Key Players:-Shinji Kagawa:- A penalty and a good performance last game against Colombia means he is in good form at this point and would like to capitalise on that.Sadio Mane:- The Liverpool winger put up a good performance against Poland the last match and the Japan manager considers him as one of the biggest threats today. Likely so.Line-Ups:-Team news is in for #JPNSEN! 👇👇👇 pic.twitter.com/nfe51GW35i— FIFA World Cup 🏆 (@FIFAWorldCup) June 24, 2018Let us know who you think would win in the comments below!Read Also:-The World Of Football Wishes Lionel Messi A Happy Birthday As He Turns 31FIFA World Cup 2018: Stats of the Day – Day 10 Advertisementlast_img read more

"FIFA World Cup 2018: Japan vs Senegal Preview"

Alex Compton happy to help Gilas, proud to see Vic Manuel at national pool

first_imgThis jewelry designer is also an architect DTI creates Marahuyo, a luxe Filipino fashion brand for global buyers Ethel Booba on SEA Games cauldron: ‘Sulit kung corrupt ang panggatong’ MOST READ LATEST STORIES North Korea pulls out of football tournament in South Don’t miss out on the latest news and information. Becoming his own man PH billiards team upbeat about gold medal chances in SEA Games PLAY LIST 03:07PH billiards team upbeat about gold medal chances in SEA Games05:25PH boxing team determined to deliver gold medals for PH00:59Sports venues to be ready in time for SEA Games00:50Trending Articles03:04Filipino athletes share their expectations for 2019 SEA Games00:45Onyok Velasco see bright future for PH boxing in Olympics02:25PH women’s volleyball team motivated to deliver in front of hometown crowd01:27Filipino athletes get grand send-off ahead of SEA Games00:36Manny Pacquiao part of 2019 SEA Games opening ceremony Compton, the former Aces head coach was among the new faces at national team practice on Monday night after he was called by Philippine team mentor Tim Cone to drop by and provide new insights invaluable to the team’s SEA Games preparations.“I’m so happy for him. He’s just like a basket waiting to happen. He steps on the floor and you’re like if he touches it, that might go in. It might just graze his hands and it’s gonna go in. it’s an honor. It’s everybody’s desire growing up to play for the Philippine team,” Compton said.FEATURED STORIESSPORTSGreatest ever?SPORTSFormer PBA import Anthony Grundy passes away at 40SPORTSSan Miguel suspends Santos, Nabong, Tubid indefinitely after ‘tussle’ in practice“So at least for Vic, whatever happens he was able to practice. It’s up to the coach, if he’s still gonna make the final 12, but I’m already really happy for him. And as a player, it’s fun to play with really good players. It’s really fun. Just being out there, you get to put Pilipinas on your chest and you play against the best, that’s great.”Compton coached Manuel at Alaska from 2014 to 2019 before he was asked to resign at the Aces’ helm before the start of the Governors’ Cup.center_img Cone, though, cleared that Compton isn’t going to be an official part of his coaching staff.“Alex is here for what we call fresh eyes. He’s not part of the official staff,” he said. “He’s not here in an official capacity.”“So it’s nice that the guys came in and spent their own time, did it for free, not getting anything for it, just coming in and helping us out. But Alex, we think a lot about Alex. We like his pressure, the things he does, and that’s some of the things we’d think about doing with this team at some point during certain games.”There was no hesitation on Compton’s part the moment he got the call from Cone.“I’m just here, like coach Tim said, for some fresh eyes, tell him what I see. I think these guys got it, but he said come on down, so I came down. Anything for Gilas. It was a phrase for a long time: once Gilas, always Gilas,” said Compton, who is a former national team assistant coach to then-head coach Tab Baldwin in 2015 when the country bagged silver medals in the Fiba Asia Championship and Jones Cup.ADVERTISEMENT Canadian vaping study details danger from ‘popcorn lung’ chemical Someone from the Philippines could win a $208 million jackpot this week! “Seriously, once Gilas, always Gilas. Anything to help.”Sports Related Videospowered by AdSparcRead Next Matteo Guidicelli had saved up for Sarah G’s ring since 2014? View comments MANILA, Philippines—Alex Compton couldn’t be any happier for his former player at Alaska in Vic Manuel, who is vying for a spot in Gilas Pilipinas’ 12-man lineup for the Southeast Asian Games.ADVERTISEMENT Duterte calls himself, Go, Cayetano ‘the brightest stars’ in PH politicslast_img read more

"Alex Compton happy to help Gilas, proud to see Vic Manuel at national pool"

India storm into third successive ICC tournament semi-final in three years

first_imgWorld Cup 2015. World T20 2016. Champions Trophy 2017. India have now made it to the semi-finals of three successive ICC tournaments, thanks to some sublime, all-round performances in different conditions.India were on fire in the World Cup down under two years ago. They brushed Pakistan aside before steamrolling South Africa, West Indies, Ireland and Zimbabwe in the group stage. They met Bangladesh in the quarterfinals and overcame the Tigers thanks to Rohit Sharma’s spectacular hundred.But heartbreak awaited the Men in Blue in the semis when they went down to eventual champions and co-hosts Australia in a one-sided match.In the World T20 at home last year, India were overwhelming favourites after winning T20 series against Australia, Sri Lanka and the Asia Cup T20.However, the hosts were shocked by New Zealand on a turning track in Nagpur. In a must-win game against Pakistan, Virat Kohli played a blinder to take the team home at the Eden Gardens. In a thrilling contest vs Bangladesh, India held their nerves to clinch it.Kohli was on fire again against Australia, smashing an unbeaten 82 as India gunned down 161.Up against the West Indies in the semi-final, Kohli was dictating terms yet again and made an unbeaten 89 to help India post a daunting 192 off their 20 overs. But the Caribbean team, riding on half-centuries from Johnson Charles and Lendl Simmons, romped to victory with two balls to spare.India reached England to defend a title they had won without much fuss four years ago. Back in 2013, India were the world champions and they would, under MS Dhoni, go on to beat South Africa, West Indies, Pakistan, Sri Lanka (in the semi-finals) and hosts England in the final and lift the Champions Trophy.advertisementThis year, India did not have the comfort of a lot of ODI cricket under their belt in the run-up to the coveted tournament. The players had completed a hectic Test season at home and had then spent the next two months going through the rigours of the IPL.But against Pakistan in the tournament opener, India were clinical with bat and ball. Half-centuries from Rohit Sharma, Shikhar Dhawan, Kohli and Yuvraj Singh led them to 319/3 off 48 overs. Umesh Yadav led a skilled bowling display as Pakistan lost a rain-truncated match by 124 runs.India were the more fancied team in their next encounter against Sri Lanka and the batsmen duly compiled another massive score. A Dhawan hundred and a Dhoni fifty helped the defending champs pile up 321. But Sri Lanka were not ready to roll over and wilt – their young batsmen produced a sterling show to stun the mighty Indians.The last league game against South Africa turned out to be a virtual quarterfinal. In a must-win game, the bowlers got their act together and dismissed a powerful South African batting line-up for a mere 191.The total was never going to challenge India with their batting might – despite losing Rohit early, Dhawan and Kohli smashed classy half-centuries to storm home.Former India skipper Sourav Ganguly summed it up nicely towards the end of the Indian innings. “India have rarely struggled in big tournaments. They won the 2007 World T20, the 2011 World Cup and now they are on their way to something very, very special.”The question is: Can India next the final this time and defend their crown? They are mot likely to face Bangladesh in the semis. It won’t be easy but the scales would be tilted heavily in favour of Kohli’s men.Teams reaching semi-finals of ICC Champions Trophy on most occasions:5* INDIA5 South Africa4 England4 Australia#INDvSA #CT17- Rajneesh Gupta (@rgcricket) June 11, 2017last_img read more

"India storm into third successive ICC tournament semi-final in three years"

India Today Investigation: Shimla gang rape victim was subjected to horrific torture

first_imgBringing back memories of the 2012 brutal Nirbhaya gangrape and murder, the Shimla gangrape victim was also subjected to horrific torture. The five accused who first brutally raped her and then dumped her body in a forest after strangulating her to death.Though the state police authorities are yet to make the post-mortem report public, victim’s family members tell a tale of spine-chilling torture which was meted out to the school girl.”There were cigarette burn scars on her body. She was bitten over lips, cheek, breasts. A leg and an arm had fractures. She was subjected to inhuman treatment before she was murdered,” victim’s uncle and sister said.Eyewitnesses said the victim bore scratch marks on her back, which proves she was thrown inside a pit after being killed. There are also allegations that the post-mortem report finds a very little mention of torture in it. Victim’s mother refused to buy the police theory and said, the actual perpetrators were roaming freely and the police tried to hush-up the case by merely arresting five labourers.”The accused are roaming freely. The police has failed to arrest the actual perpetrators. The police first said it was a high profile case. But, when the people mounted pressure they arrested four labourers and a local, after 10 days. Had it been a high profile case, then why did it take 10 days to arrest two Nepalese and two Uttarakhand labourers. Were these labourers waiting for their arrest? This clearly shows that the police is hiding something,” victim’s mother said.advertisementVictim’s family has refused to accept the police theory of murder and rape. The family now hopes that the CBI will do justice to the victim.”We fear that the police may destroy the evidence. We trust CBI which is a national agency which will bring the truth forward. It’s almost 20 days. The police has failed to arrest the actual offenders. Those arrested are also not safe. This shows that the police is trying to hide something. The persons arrested are not the ones whose photos were released on social media. That’s why we demanded a CBI probe, so that they do not spoil the evidences,” says victim’s mother.POLICE CLAIMS APPEAR TO BE RIDICULOUS Having attracted criticism for botched-up investigation, the murder and rape theory findings of Shimla Police has not been accepted either by  the victim’s family or the locals. The police said victim was gangraped and killed between 4.30 and 6 PM, at a place which is located between the two roads. Shanties of the labourers are also located close by. Interestingly, nobody heard the screams of the victim when she was being gangraped. This hints that the girl was raped and killed elsewhere and then body was dumped in the forest.Police says, the victim was raped and killed at the same spot from where the body was recovered. This is a forest area and home to wild beasts. The body of the victim, according to the police was lying in the forest for two days when it was discovered by her uncle. However, no signs of wild animals mauling her body was found.Another major loophole in police theory is that the school uniform worn by the victim was untouched. Only one sock was missing. There are allegations that the missing sock was recovered from the house of one of the accused.The victim’s family fears that the evidences might get destroyed.LOOPHOLES IN SHIMLA POLICE’s INVESTIGATION Ignoring the safety of the accused, the police kept all five in a single cell. Incidentally, on July 18 when an alleged scuffle took place between the prime accused Rajinder Singh alias Raju and Suraj Singh, the police were unprepared to handle the situation. The guard on duty returned when Suraj was dead. Suraj’s wife has said he was killed by the police as he had threatened to reveal the truth.Interestingly, the police is yet to recover the Mahindra Pick-up vehicle which was used to commit the crime. The vehicle belongs to the prime accused Raju who allegedly gave lift to the victim in the same vehicle. It is still lying in the village and the police did not seize it.The police has also held one suspect named Ashish Chauhan alias Ashu for questioning, but later said it cracked the case with his help. He is still under the custody.Other important point of the case which the CBI will be focussing are the allegation that the arrested suspects are not guilty, they were lured with money to save the actual perpetrators. There are also allegations about some dubious bank transactions which took place in a local bank.advertisementAnother fact which points fingers at police investigation is why four labourers did not abscond after committing such a heinous crime. Normally, the Nepali labourers involved in crimes in Shimla and other areas escape. Their families have claimed they were with them when the police claims the victim was raped.”Those arrested are innocent. The village Panchayat President slapped them and the cop pointed a gun at Suraj Singh and pressurised him to confess the crime which he did not commit,” says Vinod, a fellow labourer who shared the accommodation with Suraj Singh, who died in the police lock-up after a scuffle with the prime accused Raju on July 18.BACKGROUND OF THE CASE:The 16-year-old school girl belongs to a poor family of Hilaila village under Kotkhai Tehsil of Shimla district. She would travel more than five kilometers to reach her school where she studied in the 10th standard. Her brother would accompany her usually, as the path meandered through a thick forest. On July 4, her brother did not accompany her as he was attending a sports meet. The victim left the school alone to her home. She met Raju, a neighbour, who offered her a lift in his vehicle. According to the police, other four accused are Suraj Singh, Subash Singh Bisht, Lokjan alias Chottu and Deepak alias Deepu. All were drunk. The accused according to the police stopped the vehicle in the middle of  the forest and dragged the victim from the vehicle and raped her along with the labourers.The family members informed the police when the victim did not return home. Her father feared that she was killed by a bear. Victim’s body was spotted after two days in the forest. Police inaction angered the locals which stormed the police station and set the vehicles on fire. The incident also sparked protests in other parts of the district and then the State. Public outrage forced the State government to order a CBI probe. The issue also reached Himachal High Court which ordered CBI to investigate the case. Accordingly, CBI has registered two cases one pertaining to the gang rape and murder and another to the custodial death of Suraj Singh on July 18.Also Read:Shimla gangrape-murder case: Protests rock hill city, people accuse police of mishandling the caseShimla gangrape case: Accused found dead inside Kotkhai police stationShimla rape outrage: How Himachal, other states fare in crime against womenlast_img read more

"India Today Investigation: Shimla gang rape victim was subjected to horrific torture"

Diana Shippings Panamax to Earn More with Uniper

first_imgzoomIllustration. Source: Pxhere under CC0 Creative Commons license Greek dry bulk shipowner Diana Shipping has entered into a time charter contract with Düsseldorf-based Uniper Global Commodities for one of its Panamaxes.Under the deal, the company’s 81,297 dwt bulker Leto would start working for Uniper on May 31, 2019, at a gross charter rate of USD 13,000 per day.Diana Shipping said that the charter contract was signed for a period of eleven to thirteen months. The company expects to generate around USD 4.29 million of gross revenue for the minimum scheduled period of the time charter.Prior to this opportunity, the 2010-built vessel was chartered by Dutch Glencore Agriculture at a rate of USD 12,500 per day.After completion of the previously announced sale of one Panamax dry bulk vessel, Diana Shipping’s fleet will consist of 45 dry bulk vessels, including 17 Panamax bulkers.last_img read more

"Diana Shippings Panamax to Earn More with Uniper"

Legislation Will Strengthen Apprenticeship System Make Workplaces Safer

first_img enable enforcement officers to inspect employers at any time work is being performed make recognized associations who register apprentices on behalf of employers and dispatch workers to job sites subject to enforcement provisions clarify the authority of the Nova Scotia Apprenticeship Agency when issuing compliance orders or stop work orders and introduce administrative penalties provide for appeals of compliance orders and administrative penalties through the Nova Scotia Utility and Review Board make it an offence to breach an order issued by an enforcement officer raise the maximum penalty from $5,000 to $10,000 for the first offence and from $10,000 to $50,000 for a second offence. Legislation introduced today, Feb. 28, will better ensure skilled trades work is performed safely by trained and certified tradespersons. It will also ensure a level playing field for all companies and improve safety for skilled tradespersons. Amendments to the Apprenticeship and Trades Qualification Act will give the Nova Scotia Apprenticeship Agency additional tools and authority to enforce certification requirements in the compulsory certified trades. The recommendations came from a working group comprised of industry representatives. “Most employers ensure that work in the skilled trades is being performed safely by properly trained and certified workers. But there are some who do not, and they need to be held accountable,” said Labour and Advanced Education Minister Labi Kousoulis. “With these changes, we are strengthening the province’s apprenticeship system, and giving peace of mind to tradespeople and consumers who pay for their expertise.” The Nova Scotia Apprenticeship Agency is the regulatory body for 13 compulsory certified trades under the act. A trade is regulated as compulsory when there are issues of public and worker safety and consumer and environmental protection within the industry. To work in a compulsory certified trade, an individual must possess a valid Certificate of Qualification, be a registered apprentice or possess a valid temporary work permit. The proposed amendments, recommended by industry stakeholders, will: In addition, students enrolled in a recognized pre-apprenticeship training program will be registered with the Nova Scotia Apprenticeship Agency. This will help ensure their smooth transition to apprenticeship and ensure they are aware of the requirements to complete their program. “Working in these trades comes with risk, and we want to ensure the safety of Nova Scotians is protected,” said Sandy Bonvie of Bonvie’s Sheet Metal Fabrication Shop in New Glasgow. “Having the right enforcement tools and processes in place will help create a more level playing field for trades employers and a safer work environment for all apprentices.” Nova Scotia’s apprenticeship system prepares people for jobs in the skilled trades. The agency is focusing on improving the number of apprenticeship opportunities in the province and helping apprentices complete their journey to certification.last_img read more

"Legislation Will Strengthen Apprenticeship System Make Workplaces Safer"

Forestry analyst says quotabased softwood deal possible next month

first_imgMONTREAL – The framework for a 10-year softwood lumber agreement between Canada and the U.S. could be reached in the coming weeks, says an industry analyst, citing discussions with unnamed trade contacts.In a report released Thursday, Hamir Patel of CIBC World Markets said a deal setting quotas on Canadian softwood exports could be acceptable to the U.S. lumber industry if Canada drops several demands. That would include withdrawing a request that New Brunswick be excluded from any softwood agreement restrictions, Patel said.“We now believe there is a greater than 50 per cent probability that the two sides could announce an agreed-upon framework by the end of August,” he wrote.He said the U.S. Lumber Coalition could be encouraged by the Trump administration to sign a deal that would gradually reduce Canada’s share of the U.S. market to 27 to 28 per cent over several years from its 31.9 per cent share last year.A spokesman for Foreign Affairs Minister Chrystia Freeland declined to comment on “rumours until a deal is reached that is favourable to both sides.” The U.S. Lumber Coalition also said it wouldn’t comment on speculation.U.S. producers would likely demand that they keep all duty deposits paid to date as compensation for 18 months of free trade since the past softwood agreement expired in 2015, Patel said. Canadian producers received back 80 per cent of their deposits in the 2006 softwood lumber agreement.The quota would likely be divided among provinces based on their historical share of the U.S. market, Patel added.A similar deal rejected by the industry about 10 days ago would have capped Canada’s share at 31 per cent in the first six months, with that falling to 29 per cent over the next 12 months until it were to reach 28 per cent in early 2022.A source close to the negotiations said the two sides were on the verge of a deal until some elements in the U.S. industry balked.The person who spoke on condition of anonymity because he was not authorized to speak about the talks said there is little chance now of a softwood deal in place before NAFTA negotiations begin next month, with the Canadian and U.S. governments now eyeing September as the earliest date for a softwood deal to be finalized.Paul Quinn of RBC Capital Markets said information that there was a deal in the works is credible, based on his discussions with contacts in the sector.“But until you get a deal it’s all just talk,” Quinn said from Vancouver.“I’m more in the camp that it’s going to be longer than earlier,” he said. “If they don’t get anything done by Aug. 16, really this sits on the back burner until they get NAFTA done.”— With files from Mia Rabson in Ottawalast_img read more

"Forestry analyst says quotabased softwood deal possible next month"

Celebrities Join BUAV Call For Independent Inquiry Into Animal Suffering‏

first_imgAn Open Letter to Lord Taylor of Holbeach, Home Office Minister, has been signed by a host of politicians, scientists, academics, animal welfare experts and celebrities.The letter calls on the UK Government to set up an independent inquiry into the appalling animal suffering and wrong-doing uncovered at Imperial College London, one of the UK’s leading universities.Support for the letter and the BUAV comes from Joanna Lumley, Bill Oddie, Morrissey, Chrissie Hynde, Moby, Jenny Seagrove, Martin Shaw, Mark Carwardine and Twiggy. Other individuals to sign up include RSPCA Chief Executive Gavin Grant, Jonathan Porritt, Peter Tatchell, Chris Packham, and Michaela Strachan, as well as leading academics such as Revd Professor Andrew Linzey, Professor Roger Crisp, Professor Janet Radcliffe Richards, Professor Robert Gardner and Dr Richard Ryder. Politicians include Caroline Lucas MP, Graeme Morrice MP, Adrian Sanders MP, Penny Mordaunt MP, Henry Smith MP, Jim Dowd MP and Kerry McCarthy MP.The call comes following an investigation carried out by the BUAV at one of the animal laboratories at Imperial College which documented a catalogue of shortcomings that caused even more suffering to the animals in its care than was allowed in the experiments.Findings included: breaches in and lack of knowledge of UK Home Office project licences; staff incompetence and neglect that resulted in animal suffering and distress; unsupervised researchers – with little experience – anaesthetising and carrying out surgery on animals; a failure to provide adequate anaesthesia and pain relief and the controversial use of a guillotine to carry out live decapitation.The UK Government and research industry repeatedly claim the UK has some of the highest welfare standards in the world for animals in laboratories, yet the secrecy surrounding animal research means we are unable to judge for ourselves. The BUAV investigation lifts the lid on this secrecy with a chilling insight into the day to day reality for animals in a UK laboratory with staff admissions of their own wrong-doing and incompetence.BUAV Chief Executive, Michelle Thew states: ’Our investigation raises significant and far reaching questions about animal research in the UK.Despite claims by the Government and research industry that the UK has the best system of regulation in the world, we have shown that the reality for animals is very different. Standards at this leading UK University were poor, with breaches of the regulatory regime and inappropriate licensing and enforcement by the Home Office. A full independent inquiry must be carried out’.People can show their support by signing the BUAV petition here.last_img read more

"Celebrities Join BUAV Call For Independent Inquiry Into Animal Suffering‏"

Research firm touts Newfoundland and Labrador seaweed as cancer inhibitor

first_imgST. JOHN’S, N.L. – A cancer researcher says he’s cautiously optimistic about an East Coast ocean technology company’s apparent discovery of properties in seaweed off Newfoundland and Labrador that inhibit the growth of breast cancer cells, but warns the company still faces many hurdles.Oceans Ltd. announced Wednesday it has been studying the seaweed’s potential commercialization in pharmaceutical products for seven years, and has sampled about 70 seaweed species in Newfoundland and Labrador’s coastal waters.It said studies that used an extract from the seaweed on mice have “conclusively” demonstrated effectiveness in inhibiting the growth of breast cancer cells.Dr. David Hoskin, a professor of pathology at Dalhousie University who was not involved with the company or its research, said the product appears promising, but added there have been many natural products that have inhibited growth of human cancer in mice.“To the best of my knowledge, none of them have made it to the clinic,” said Hoskin, who researches natural products for treatment of breast cancer.“I tell my students, ‘I guarantee if you bring me a mouse with cancer, I can cure it.’ It’s pretty easy to cure cancer in a mouse. In a human, that’s a whole new ball game. That’s where a lot of the disappointments in the development of new cancer treatments have arisen from.”Oceans Ltd. president and CEO Judith Bobbitt said Wednesday its unique molecule has already undergone laboratory and animal testing at the National Research Council Canada, in accordance with Ottawa’s drug protocol.She said there are patents pending, and the company is now looking to partner with pharmaceutical companies to fund further research.“This is significant,” said Bobbitt in an interview. “It’s a novel molecule we found in a natural environment that nobody knew existed.”Hoskin said Oceans Ltd. will have to convince a company that its product is more effective and more economical than anything else the company has coming down the pipeline, and get it to agree to fund extensive clinical trials.“The only entities with deep enough pockets to fund those trials are big pharmaceutical companies,” said Hoskin, who is also the endowed chair in breast cancer research at the Canadian Breast Cancer Foundation-Atlantic Region.Oceans Ltd. said following treatment, the mice showed no obvious abnormalities related to metastasis, including in internal organs with high potential for metastasis such as livers, lungs, axillary lymph nodes and diaphragms.It said the molecule structure has been dubbed GorgonaDosi, and it is now being synthesized in a research lab for pharmaceutical development.Bobbitt said the molecule comes from a rare species of cold-water seaweed, and because Oceans Ltd. has defined the molecular structure, it is now able to make the seaweed synthetically.Oceans Ltd. has not yet shared the research with medical journals, as patents are pending.Hoskin said he hopes the research is submitted at some point so its scientific validity can be assessed.“Obviously a company has a vested interest in putting the best possible spin on the potential product,” he said.Newfoundland and Labrador’s Minister of Tourism, Culture, Industry and Innovation Christopher Mitchelmore was on hand for the company’s press conference Wednesday, and praised the initiative.Oceans Ltd. is comprised of meteorologists, physical oceanographers, biologists, biochemists, chemists, and engineers who investigate the marine environment and its applications, with offices in Halifax and St. John’s.(The Canadian Press, VOCM)last_img read more

"Research firm touts Newfoundland and Labrador seaweed as cancer inhibitor"

Conrad Black reaches settlement with CRA over tax liens on his mansion

TORONTO — Conrad Black says he has reached a settlement with the Canada Revenue Agency after it placed liens on his Toronto home due to claims that he owes $15 million in unpaid taxes.“It has been resolved to the shared satisfaction of the parties involved, and I will have no further comment on it,” the former media baron said in an email Tuesday.Black had originally asked for an emergency hearing with the Federal Court, arguing that the tax liens, which were placed on his mansion last month, were stalling the sale of his property. He withdrew that request late Monday.In May, the CRA placed two liens against the estate, alleging that Black owes in excess of $15 million in taxes from 2002, 2003 and 2008.Black said in the email that he considered the matter private and will not be discussing it further through the media.His lawyer, David Nathanson, said he was not at liberty to discuss the terms of the settlement.Black had agreed in March to sell the nine-bedroom, 11-bathroom home in Toronto’s ritzy Bridle Path neighbourhood to multimillionaire businessman Harold Peerenboom for $14 million.One of the conditions of the sale would permit Black and his wife Barbara Amiel-Black to continue living in the home by paying rent as part of a lease-back deal.In court documents, Black said Peerenboom wanted the sale to close by this Thursday or he would not purchase the 23,000-square-foot property.Black said in the court documents that he was willing to agree to a number of conditions if the sale were to go ahead, including putting the proceeds in a trust account pending the outcome of the tax dispute.The CRA was not immediately available for comment. read more

"Conrad Black reaches settlement with CRA over tax liens on his mansion"

Antiaircraft missile hits UN plane carrying food aid in Angola

The plane, which was about 10 kilometres out of the airport and at an altitude of 15,000 feet, was hit in one of its engines, a UN spokesman told the press in New York. “Although badly damaged, the crew managed to regain control of the plane and landed it safely at Luena,” spokesman Fred Eckhard said. “WFP is conducting an investigation and has suspended air operations into Luena, at least for today.”Luena is one of the many towns in Angola that WFP can only supply by air, the spokesman said. “Right now, WFP tells us that they have supplies in Luena to cover the next four to five weeks.” read more

"Antiaircraft missile hits UN plane carrying food aid in Angola"

Annan recommends UN Afghan mission be extended to help with challenges

In his latest report, delivered to both the General Assembly and the Security Council, Mr. Annan recommended that the mandate of the UN Assistance Mission in Afghanistan (UNAMA) – which expires on 24 March – be extended for a further 12 months.“Afghanistan continues to face enormous challenges in the areas of security, governance, rule of law and human rights, sustainable economic and social development and combating the illegal narcotics industry,” Mr. Annan said, highlighting security as the “foremost” among these.“If the State is to gain credibility and enjoy the support of the population, it is imperative that meaningful progress in each of these areas be achieved,” he said, adding that while the Government must lead this process, considerable support from the international community would be needed for “some time to come.”Mr. Annan stressed that it was essential that a “credible national Government” deliver on promises to reconstruct the country and convince the population that a democratic State is the best option.“Regardless of the causes of the conflict in Afghanistan – continuing insurgency and terrorism, factional violence and disputes over resources that State institutions are still too weak to address and a thriving drug economy that provides fertile ground for criminal networks and corruption – the concept of a democratic State will only take root if the people of Afghanistan become convinced that what is on offer is better than any alternative.”Despite these problems however, the Secretary-General said that there had been a “remarkable transformation” in Afghanistan’s political landscape over the past four years, highlighting in particular the inauguration in December of a fully elected National Assembly.He also said that the Afghanistan Compact, a multi-billion dollar UN-backed blueprint for international engagement in the development of the war-torn country over the next five years, provided an “unprecedented opportunity” for reconstruction, but would also present challenges.“The implementation of the Afghanistan Compact will put the country and its international partners to many tests. In addition to the challenge of security, it will remain vital to ensure that development occurs at a pace and in a manner that meets the aspirations and harnesses the potential of the Afghan people.”“In order to carry out its responsibilities, and to justify the confidence placed in the United Nations, UNAMA must continue and, as circumstances permit, expand its outreach to the Afghan population,” he said.Concluding his report, Mr. Annan said he was “increasingly concerned” over the safety of UN staff in the country, highlighted by the recent attacks on schools and teachers in Afghanistan, adding that the implementation of UNAMA’s mandate would depend on increased security.Tom Koenigs, UNAMA’s new chief, arrived in Afghanistan last month, saying that following the adoption of the Afghanistan Compact at a conference in London in January, his priorities would be human rights and development.“I will work to orient our action to these two directions which does not mean I will neglect anything else,” Mr. Koenigs added. “I think these two topics are the two major driving forces in all human development all over the world and the United Nations has been established for bringing forward these two elements.” read more

"Annan recommends UN Afghan mission be extended to help with challenges"

2017 Big Ten football preview Northwestern Wildcats

What has happened thus far in 2017Northwestern started off the season strong with a 31-20 victory against Nevada. The Wildcats were tested more than expected, but junior quarterback Clayton Thorson added two late rushing touchdowns in the final 5:29 of the game to seal the comeback victory. The following week, the Wildcats were defeated by Duke in dominating fashion, losing 41-17. The Blue Devils scored 20 unanswered points to put Northwestern away in the second half.Impact PlayerThe offense relies on star senior running back Justin Jackson. Jackson ran for more than 1,000 yards in each of his first three seasons, and earned a first team All-Big Ten spot last season by the media. Jackson reached personal highs in yards per carry, total yards and touchdowns last year. He also is just 229 yards away from breaking Northwestern’s all-time rushing yard record (4,485). Jackson has had a slower start this year, with only 127 rushing yards on 37 carries and one touchdown through two games, but he will still be expected to carry the offense if the Wildcats are going to repeat the success they had in 2015.StrengthsJackson is a clear strength on offense, as not only has he performed well every season since his freshman year, he has played in every game for the past three seasons. Thorson has shown glimmers of greatness, like when he completed 28-of-38 passes for 352 yards against Nevada in Week 1, and the Wildcats will need more games like that if they are to succeed in the Big Ten. Northwestern had a strong defense last year that ranked 12th in the nation in scoring, and was led by now-Indianapolis Colts linebacker Anthony Walker Jr. The Wildcats have the potential to continue that success this season with senior safety Godwin Igwebuike showing the most promise to lead the defense, as he racked up 108 tackles last season.WeaknessesConsistency is a big weakness as the first two games of the 2017 season have shown how different this Northwestern team can look on any given night. Four starters are back for Northwestern’s offensive line, but they gave up 39 sacks and 95 tackles for loss last year, so they will need to be much improved to help Thorson find more of a rhythm this season. Northwestern Wildcats running back Justin Jackson (21) evades Ohio State Buckeyes linebacker Chris Worley (35) in the first quarter of their game at Ohio Stadium on Oct. 29, 2016 in Columbus, Ohio. Credit: Courtesy of TNSBig Ten preview: Northwestern WildcatsLocation: Evanston, Illinois2016 Record: 7-6 (5-4 in Big Ten)Head Coach: Pat Fitzgerald2017 Record So Far: 1-1All-time record vs. OSU: 14-61 read more

"2017 Big Ten football preview Northwestern Wildcats"

Damien Kiberd We recover part of our sovereignty but banks still losing

first_imgSEVEN YEARS AGO when the Celtic Tiger’s asset price bubble began to grind to a juddering halt, the government of Ireland owed its creditors €44bn.Today that number is €206bn, equivalent to 124 per cent of GDP.Today, December 15, may be the day we recover a part of our lost sovereignty.  It is a good day indeed.But we are still accountable in many ways to external forces. And the problems we face are bigger than ever before.Just how sustainable is our programme of debt management? Right now global interest rates are on the floor and, after years of tight management and austerity, the government can borrow long term capital at an interest rate of under 4%. But there is no guarantee that this will remain the case.Either way the burden of servicing existing debt means that next year we will pay our creditors €8,190m in loan interest. This is more than four times the interest bill of €2,000m which we incurred in 2007.State revenue earmarked for interest paymentsFor the foreseeable future a large part of government revenue is going to be earmarked for interest payments even before it is collected. And that ignores the whole question of capital repayments.Like any sensible borrower the government has been doing its best to string out the process of repaying the sovereign debt.The ‘average maturity’ of loans provided to us by the European Financial Stability Fund (EFSF) under the bailout programme is 21 years, for example. The NTMA will go on trying to push out the date on which capital repayments are made, rolling the debt forward where possible.But ultimately our capacity to repay our debts must depend on the extent to which we grow our economy.The recent growth record is not good.Ireland’s economy contracted by 2.2% in 2008, by 6.4% in 2009 and by a further 1.1% in 2010.After growing by 2.2% in 2011, it began to contract again: by 0.2% in 2012 and again by an estimated 0.2% in 2013.The government hopes that the country will grow again by 2% next year. But there is no guarantee that this will be so. Among our sixteen partners in the Eurozone only the Germans are growing at a respectable pace. And our economy is hugely reliant on exports as a source of growth.Setting the scene: The early 1990sIn previous periods such as the early 1990s we were lifted out of the mire by a combination of lower taxes and cheap credit. The government brought down the top rate of income tax from 65% to 40% while, for the first time, borrowers had access to a flood of cheap European capital. This created a buoyant local economy in which jobs were plentiful.Today we are back where we were in tax terms, taxing modest incomes at marginal rates of 52% or even 55%.  And the banking system, which we rescued at a cost of €64bn, has largely shut down as an engine of credit creation for ordinary households and therefore of growth in domestic demand.Finance Minister Michael Noonan signalled Friday that the tax issue is now his top priority.Asking single workers on €33k a year gross to pay 52% in PAYE, PRSI and USC is clearly daft. It is also sending out all the wrong signals to overseas investors who will be sending key executives to work in Ireland and seeking to recruit skilled staff from other countries.So it is vital that he finds the resources to pay for a very big widening of the standard rate income tax band.Deadbeat banking systemBut the real sickener for Noonan and for his cabinet colleagues lies in our deadbeat banking system. Instead of lending more to business and to households, the banks are lending less and less. They don’t think small firms are a good risk. And, apparently, they don’t think that mortgage loans should be given to ordinary people either.Into the future they may be thinking of a completely different type of banking model.Consider the following. At some of our biggest banks the rate of default on existing buy-to-let (BTL) mortgages is currently approaching 30%.You might imagine that this horrific, almost unprecedented, bad debt experience would scare banks away from BTLs altogether. Yet in recent days banks have begun cutting the rate charged for BTL loans as they drum up new business. Simultaneously there are reports that global capital funds are creating new lending vehicles for Ireland which will specialise in BTL lending.Have the banks taken leave of their senses? Again?Vulture funds and global property investors have also been snapping up blocks of apartments in Greater Dublin.Why is this happening? Have the banks taken leave of their senses, again?Clearly the banks and the professional investors believe that there is a big future in the rented property market in Dublin and other urban centres. If young people, especially those in fixed contract employment, are not going to get mortgage loans in the future then they must, by definition, become permanent renters.Already rents are rising sharply in Dublin. The BTL market may actually be the place to be for the banks and capital providers of the future. If the borrower is affluent enough to put up a substantial part of the cost of a property in cash, then the risks in new BTL lending are acceptable.Similarly, the pillar banks are beginning to offer new five-year interest-only credit to property purchasers provided they can put up half the cost of a property in cash. The target borrower in frequently a high net worth individual living overseas.‘Professional’ investors v owner-occupiersThe view in the top echelons of banking seems to be as follows. The banks have gone through a terrible time losing pots of money on tracker loans. The 12% default rate on ordinary home loans has pumped up average loan losses. But there has to be a future in lending for bricks and mortar provided you de-risk the lending sufficiently.This means much lower loan to value (LTV) ratios, completely flexible lending rates and much more rapid methods of dealing with default. This in turn may mean a bank chooses to deal with ‘professional’ investors in property as opposed to owner-occupiers.If, in the process of changing the lending strategy, you pump up the price of the existing stock of property then so much the better. Ultimately, you may recover some of the capital you thought was lost during the boom.This may be one of the most important legacies of the boom and the crash. The banks haven’t gone away. They may simply re-invent themselves as property lenders in ways that alter human behaviour quite significantly.As regards lending to small business, well that’s another day’s work altogether.Read Damien Kiberd’s columns for TheJournal.ie here>last_img read more

"Damien Kiberd We recover part of our sovereignty but banks still losing"

Windows Phone 7 only sold 40000 units at launch says report

first_imgMicrosoft put together a huge marketing budget for Monday’s launch of their new smartphone operating system, Windows Phone 7, but so far, it doesn’t look like the public has been wooed: despite strong preorders and even some early sellout, it looks like Microsoft may have only managed to sell 40,000 Windows Phone 7 devices when it launched earlier this week on November 8th.The shockingly low number comes courtesy of the Street, which is naming a “market research source who tracks phone sales” for the data. To put that number in perspective, Apple’s iPhone currently sells about 270,000 units a day, and Android sells about 200,000 a day.Of course, the iPhone and Android have a buzz and momentum that has taken years to accrue, and neither sold nearly that volume when they launched. Even so, another metric still makes the Windows Phone 7’s launch seem ridiculously meager: keep in mind that Microsoft is giving all 89,000 employees a Windows Phone 7 device and you can see that demand so far has been low.Microsoft’s not in this for the short term, though. Windows Phone 7 is getting strong reviews, but it needs to gain traction. One thing that is probably hurting Microsoft here is that it’s three years late to the smartphone wars, and most people who would buy a smartphone are already locked into either the iOS or Android platform. Microsoft’s got a hard task ahead of it then: it needs less to win first-time smartphone buyers than convert existing users. Only time will tell if Microsoft can manage to do that.Read more at TheStreetlast_img read more

"Windows Phone 7 only sold 40000 units at launch says report"

CO2 feu vert pour un règlement européen sur la vente aux enchères

first_imgCO2 : feu vert pour un règlement européen sur la vente aux enchères des quotas Europe – Le 14 juillet dernier, les 27 États membres de l’Union européenne ont voté à l’unanimité en faveur du projet de règlement communautaire sur la mise aux enchères de quotas de CO2, pour la troisième période du système d’échanges européen, de 2013 à 2020.Ce texte prévoit qu’à partir de 2013, plus de la moitié des quotas d’émissions jusqu’à présent alloués gratuitement aux sites industriels et aux installations de production d’énergie seront vendus aux enchères par les États. Des recettes de l’ordre de 15 milliards d’euros par an sont attendues aux cours actuels.Ce vote ouvre la voie à une adoption définitive du règlement européen des enchères en Europe. Une adoption prévue pour l’automne prochain, après une période d’examen de trois mois par le Conseil des ministres et le Parlement européens. En cas d’adoption de cette loi, les professionnels du secteur industriel devront payer pour polluer.Visant à réduire les émissions globales de CO2, ce système communautaire d’échange de quotas d’émissions (SCEQE), met en place une limitation des gaz à effet de serre à émettre. Un marché du carbone permettra à chaque entreprise d’acheter des quotas, ou de vendre son droit à polluer en cas de surplus. Ce marché devrait être régulé conjointement par l’Autorité des marchés financiers (AMF) et la Commission de régulation de l’énergie (CRE).Le 28 juillet 2010 à 18:42 • Emmanuel Perrinlast_img read more

"CO2 feu vert pour un règlement européen sur la vente aux enchères"

Illegal Petes raises minimum wage to 15 an hour for tipped hourly

first_imgUS-based Mexican restaurant chain Illegal Pete’s has raised its minimum starting wage for tipped, hourly paid employees to $15 (£11.77) an hour, effective from January 2019.This equates to a $6 (£4.71) pay rise since Illegal Pete’s last increased its minimum starting wage in 2015 to $9 (£7.06) an hour.The pay increase will mean that tipped, hourly-paid employees that join the organisation can earn an additional $1,000 (£784.40) a month or an extra $12,000 (£9412.80) a year on average.The restaurant chain, which employs 450 staff across two sites in Arizona and nine in Colorado, has also raised its other wage levels in line with this pay increase, including salaried management pay.The chain’s living wage initiative means that its employees are paid above local state minimum wage levels; this is set at $8.08 (£6.34) an hour in Colorado and $8 (£6.28) an hour in Arizona.This increase in pay will be delivered in conjunction with the existing benefits package at Illegal Pete’s, which includes medical, dental and vision insurance, a 401(K) pension scheme, paid time off, paid sick leave, food and drink and an organisation average of $4.72 (£3.70) in tips. Illegal Pete’s believes its benefits package brings the minimum annual compensation of a tipped employee to the equivalent of $46,000 (£36,082.39).Pete Turner, founder and president at Illegal Pete’s, said: “We began our living wage initiative in June of 2015, and we’re proud to say that we’ll hit our goal starting in January of 2019.”last_img read more

"Illegal Petes raises minimum wage to 15 an hour for tipped hourly"

STUDENT SPOTLIGHT 3 Wilmington Students Graduate From Assumption College

first_imgWORCESTER, MA — On Sunday, May 13, Assumption College awarded 617 degrees during its 101st Commencement exercises held at the DCU Center in downtown Worcester, MA, in which speaker The Most Reverend Robert E. Barron, S.T.D., auxiliary bishop of the Archdiocese of Los Angeles and evangelist who uses various forms of media, in particular social media, to share the Gospel message and one of the most-followed Catholics on social media, delivered the Commencement address.Wilmington graduates included:Michael CurtisBrian Pickett Nicole PotcnerBishop Barron is founder of Word on Fire Catholic Ministries and host of CATHOLICISM, a groundbreaking, award-winning documentary about the Catholic faith, which is now a nationally syndicated series. His website, WordOnFire.org, attracts millions and he is followed by more than 1.5 million on Facebook. According to Bishop Barron’s YouTube channel, his videos, which have been viewed more than 25 million times, provide “brief and insightful commentaries on faith and culture” that complement his weekly sermons podcasted at WordOnFire.org.In his speech, Bishop Barron shared a cautionary tale of actor Don Johnson at the height of his fame in the 1980s; all of his dreams had come true-he was rich, honored, and full of power-yet he was miserable. “We human beings can experience all the good the world has to offer-wealth, pleasure, honor and power-and still feel unsatisfied and restless,” he said. “It’s because we were made for more than that The satisfaction of the restless heart is in God.”Bishop Barron spoke of St. Augustine, whose restless heart led him to God, and that “filling ourselves with God means filling ourselves with love” and “the desire to do good of the other.”“There isn’t the slightest thing wrong with money, power, pleasure and professional accomplishment, as long as you don’t make them the center of your lives,” he said, sharing one of St. Augustine’s most memorable quotes: ‘Love God and do as you please.’ “If willing the good of others is at the center, off you go Providing that all these endeavors are expressions of love, then when you find wealth, you will know what to do with it. Then, if you’re honored, it will be for the right reasons. Then, if you acquire power, you will use it to enhance the lives of others.”Because of his considerable social following, Bishop Barron is well known beyond the halls of academia and the Archdiocese of Los Angeles. “When I had a chance to interview His Excellency he expressed concern that some people have stopped going to church, making it necessary for the Church to do more reach out to them in new ways,” said Noor Kawmi ’18, this year’s salutatorian in her introduction of the 2018 Commencement speaker. “Evangelization via social media allows the Church to proclaim the Gospel to the world beyond the walls of churches and cathedrals. In this increasingly secular age, Bishop Barron believes that the Church must be proactive and creative in spreading its message.”Bishop Barron has served as a keynote speaker at many conferences and events across the world, and is a bestselling-author on Amazon, having published 15 books and written many articles on theology and the spiritual life. Bishop Barron regularly appears on CNN, EWTN, FOX 1News and NBC News offering clarity from a Catholic perspective on significant issues.In addition to delivering the Commencement address, Bishop Barron received an honorary Doctor of Humane Letters. Honorary degrees were also conferred upon Judith S. Beck, Ph.D., is president and co-founder of The Beck Institute for Cognitive Behavior Therapy, who received a Doctor of Humane Letters; and John Agresto, Ph.D., former president of St. John’s College in Santa Fe, NM, who received a Doctor of Humane Letters. The recipients were honored for their dedicated work to community service and living the Assumption College mission.During the ceremony-in which 406 Bachelor of Arts degrees; 180 graduate studies degrees (Master of Arts and Master of Business Administration) and certificates; and 31 Continuing and Career Education degrees (Bachelor of Arts, Bachelor of Business Administration, Bachelor of Science, and associates) were awarded-Francesco C. Cesareo, Ph.D., president of Assumption College, urged graduates to continue to live the College’s mission in their future endeavors.“The College’s mission statement states that Assumption ‘strives to form graduates known for critical intelligence, thoughtful citizenship and compassionate service.’ These are qualities that will serve you well in both your personal and professional lives,” he explained. “In a time of competing world-views, agenda-driven narratives, social media, and the lack of clarity as to what information is or is not true, critical intelligence will allow you to reason carefully, to recognize the complexities and paradoxes of the human condition and to recognize that you should not accept everything you hear or read at face-value, that there are different sides to consider in every situation, and that the goal is to arrive at the truth. Thoughtful citizenship will require you to speak and act with wisdom, engaging in your civic responsibilities in a way that will advocate for the vulnerable in our society, keeping at the forefront the dignity of all human persons. Compassionate service will distinguish you as an Assumption graduate – as a young man or woman who has a burning desire to take what you have learned so as to contribute to the common good.”Raysa Guerrero ’18, Class of 2018 valedictorian, encouraged her classmates to celebrate the moment, but also to look back in gratitude for what each of them has learned over the last four years, including lessons in failure, the ability to think critically, and how to rely on a support system.“The words ‘to commence’ mean ‘to begin.’ Today we mark the beginning of a new chapter in our lives,” said Guerrero, who received a standing ovation after her speech. “Our Commencement Day also designates the end of our four years together at Assumption College. At this celebratory moment, we look forward in hope towards our futures, ever mindful of the opportunities that an Assumption education has made possible for us When we leave this arena, we will walk different paths As we look forward in hope to the good that is still to be done in this world, we must be grateful for the opportunities we’ve had and the opportunities that will be presented to us in the future.”About Assumption CollegeFounded in 1904 by the Augustinians of the Assumption in Worcester, Mass., Assumption College is a Catholic liberal arts institution that offers undergraduate students 41 majors and 48 minors in the liberal arts, sciences, business, and professional studies; as well as master’s and continuing education degrees and professional certificate programs-each through an educational experience that is grounded in the rich Catholic intellectual tradition. The curriculum enables students to gain a depth and breadth of knowledge that leads to professional success and personal fulfillment. Students-whether on the Worcester campus or at the College’s Rome, Italy, campus-become engaged participants in Assumption’s classic liberal arts education, exploring new ideas and making connections across disciplines. To prepare for the workforce, students learn cutting-edge theory and best practices, conduct innovative research, and develop excellent communication and critical-analysis skills. Assumption graduates are also known for their thoughtful citizenship and compassionate service to their community. For more information about Assumption College, please visit http://www.assumption.edu.(NOTE: The above announcement is from Assumption College.)Like Wilmington Apple on Facebook. Follow Wilmington Apple on Twitter. Follow Wilmington Apple on Instagram. Subscribe to Wilmington Apple’s daily email newsletter HERE. Got a comment, question, photo, press release, or news tip? Email wilmingtonapple@gmail.com.Share this:TwitterFacebookLike this:Like Loading… RelatedSTUDENT SPOTLIGHT: 4 Wilmington Students Named To Dean’s List At Assumption CollegeIn “Education”STUDENT SPOTLIGHT: Wilmington’s Garrity & Ryan Graduate From Assumption CollegeIn “Education”STUDENT SPOTLIGHT: Wilmington’s Marisa Butler Sending Summer Semester At Assumption College’s Italy CampusIn “Education”last_img read more

"STUDENT SPOTLIGHT 3 Wilmington Students Graduate From Assumption College"