India-Africa network to boost trade

first_img26 July 2011 The India-Africa Business Network, launched at the Gordon Institute of Business in Johannesburg last week, is set to boost trade and open new business and investment channels between India and South Africa. Speaking at the launch, Trade and Industry Minister Rob Davies said South African trade with fellow members of the BRICS grouping were expanding, while those with the country’s “traditional” trading partners of the West were increasing at a slower rate. “No longer is the African continent confined to the old powers that we used to know, we now have broader participants.” South Africa’s trade with India had doubled in the past five years, Davies said, taking total trade between the two countries to R42.9-billion, and making India SA’s 6th largest destination for exports and 9th largest source of imports. According to Inter Press Service (IPS), the India-Africa Business Network will be run out of the Gordon Institute of Business’ newly formed Centre for Dynamic Markets and will complement existing networks such as the India-Brazil-South Africa Dialogue Forum (Ibsa) and the India and South Africa CEOs forum co-chaired by Indian industrialist Ratan Tata and Patrice Motsepe, executive chairman of Africa Rainbow Minerals. The network’s founder and director, Abdullah Verachia, told IPS that the network would function as a “knowledge hub for India-Africa commerce”, promoting exchange between business leaders and educational institutions in both countries. “There are incredible opportunities for South African businesses in India, which has a population in excess of one-billion,” Verachia said. “The two countries are also on the first tier of emerging market economies and both face similar challenges of poverty and inequality.” India would be spending in the region of US$1.8-trillion on infrastructure over the next 10 years, “a great opportunity” for South African companies, Verachia added. Davies called on South African and Indian businesses to identify areas of “complementarity” and build on those, rather than focusing on competition. Also speaking at the launch, FirstRand CEO Sizwe Nxasana said India was “all about entrepreneurs”, and that opportunities in that country cut across a number of sectors, including infrastructure, energy and mining. India had challenges like any other country, Nxasana said, adding: “If you look at these [challenges] as barriers, then you’ll never do any business in India.” SAinfo reporterlast_img read more

"India-Africa network to boost trade"

Chatroulette Creator Coming to America?

first_imgA Web Developer’s New Best Friend is the AI Wai… jolie odell Tags:#Video Services#web Related Posts Top Reasons to Go With Managed WordPress Hostingcenter_img 8 Best WordPress Hosting Solutions on the Market Why Tech Companies Need Simpler Terms of Servic… It seems the 17-year-old truant who created Chatroulette has applied for a visa.The youngster, be he lucky or brilliant, has indicated he might want to transition to the American scene at some time in the near future. With all the media attention he and his service have received and the explosion of traffic – and monetization potential – on his site, his application further opens the can of worms we’ve been discussing tonight: Where’s the best place to raise your startup?In December 2009, Chatroulette had 500 users. Today, just four months later, the site sees 1.5 million daily visitors. That statistic alone is enough to inspire investors to beat down the door of its creator, Russian high school student Andrey Ternovskiy.But what’s much more interesting to many is the mechanics of the site itself. “It’s video 4chan. Unbeatable formula,” said Muhammad Saleem, considered by many to be an excellent authority on engineering virality. Others have called it “brilliant,” “the purest form” of the Internet and its userbase, and “a great way to kill time,” one of the most common uses of the social web.I’ve frequently described it as a box of game pieces with no rules. Users are invited to create any kind of experience they choose given a simple set of constraints. It’s inherently viral, addictive, imaginative and essentially human.Here’s the rub: The site is currently unfinanced and non-commercial. The site’s creator, a teenaged school kid, has been placed at the crux of nationalistic, capitalistic and technological debates by being asked to choose between Russian financing and a yellow brick road to Silicon Valley. According to one site, the Russian investors involved are seeking to “break the American hegemony in cyberspace – an ambitious plan, particularly as the United States is home to many of the market leaders in the Internet economy. “The combined value of Google, Microsoft and Facebook amounts to roughly $500 billion, or about a third of the Russian economy’s annual output. So if Russia – which has more than 50 million Internet users and boasts one of the fastest-growing markets – hopes to catch up, then it will need to keep talents like Ternovskiy at home.”The Russian investors who have contacted Ternovskiy also invest in Facebook and Zynga; clearly, they have an eye for social virality and profit and see a great deal of potential in Chatroulette. But Ternovskiy, a longtime hacker, dreams of founding a Silicon Valley startup of his own.Will this young man reinforce the American idiom of Silicon Valley by relocating his seemingly overnight success to the Bay Area? Or will he prove that the startup economy is truly becoming global by accepting Russian financing and remaining in north Moscow?A more interesting question: Can Ternovskiy sustain this wild success? Or has he simply become lucky with Chatroulette? Let us know your opinions in the comments.last_img read more

"Chatroulette Creator Coming to America?"

Las Vegas approves change to shortterm rental regulations

first_imgLAS VEGAS — Officials in Las Vegas approved an ordinance change Wednesday to require homeowners to remain at their property whenever they choose to rent it out for brief periods, including through home-sharing platforms like Airbnb.The change to short-term rental properties only applies to residential homes, not to apartments in high-rise buildings. It is the latest effort from the Las Vegas City Council to crack down on an industry that has raised safety, noise and other concerns among residents and officials.The approval came after dozens of short-term rental operators, their supporters and critics spoke before council members. Those against the measure spoke about property rights and the economic benefits of the rental properties, while those in favour brought up their effect on affordable housing options and safety problems.The new requirement calls on the homeowner to be at the property throughout the rental period, except to go to work or run typical personal or household errands.Mayor Carolyn Goodman during the discussion pointed out that some of the troubled short-term rental properties are owned by people who do not live in the city or southern Nevada and neglect to monitor those who rent it.“This is a beginning, this is not a fight, but it is a protection of the rights of anybody who calls Las Vegas, the city of Las Vegas, home,” she said explaining her vote in favour of the measure.Short-term rental properties are already required to obtain a license, be 660 feet away from each other and not have more than three bedrooms. Properties already licensed won’t be affected by the change that will go into effect next week.Las Vegas drew 42.2 million visitors last year. Unincorporated Clark County, which includes properties near the Las Vegas Strip, does not allow short-term rentals in residential areas.Figures released by Airbnb in January show that 500,000 people stayed at properties in Las Vegas rented through the platform in 2017. The company reported Las Vegas hosts’ income at $63 million that ‘same year.“While cities around the world are embracing the economic benefits of short-term rentals, the City Council has doubled-down on onerous regulations, and added further restrictions,” the company said in a statement. “This vote is a disappointing blow to Las Vegas hosts who rely on short-term rentals to support their families and will hurt the local economy.”Regina Garcia Cano, The Associated Presslast_img read more

"Las Vegas approves change to shortterm rental regulations"

Romanian card cloner arrested from S Delhi

first_imgNew Delhi: A 40-year-old Romanian card cloner was arrested from MB road, police said on Friday. The police during investigation revealed that the accused with the help of skimming device targeted unmanned ATMs.Police identified the accused as Lupoi Emil, native of Constanta in Romania. “Cyber Cell South District has prevented compromising of various ATM cards users’ ATM data and thereafter unauthorised withdrawal of their harden earned money from Bank ATMs by card cloner cheats, ” said Deputy Commissioner of Police (South) Vijay Kumar. He stated that on March 27 police officials apprehended Romanian national red handed from Yes Bank ATM, Saidulajab, MB Road. He was trying to implant card cloning/skimming devise at the said ATM. DCP Kumar said that Emil is mechanic and driver by profession. He used to visit India for earning money through committing cheating and cyber crime for his and his family luxury livelihood. “He has visited India thrice including this time. This time he had come to India on multiple visitor visa in the second week of March 2019 along with his associate. But he was arrested this time before he would have succeeded in cloning cards and cheating Indian currency, ” said Kumar. Police claimed that during interrogation it revealed that the accused person Lupoi Emil had come to India on multiple visitor visa in the second week of March 2019 along with his associate, for the purpose of making clones of ATM cards used in India by installing skimming devices at lonely and unguarded Bank ATMs in Delhi and thereafter making clones of genuine ATM cards of different banks having actual PIN number of that particular card also and to withdraw amount unauthorizedly from different unguarded ATMs and hence robbing Indian currency for their luxury. They were staying at Green Park, New Delhi but his associate had left the place before the police reached. Efforts are on to trace him.last_img read more

"Romanian card cloner arrested from S Delhi"

Ohio State baseball makes Big Ten Tournament falls short under new coach

Facing the Minnesota Golden Gophers (24-23, 13-11 Big Ten) in a Big Ten Tournament elimination game, the Ohio State baseball team (26-27, 14-11 Big Ten) fell, 9-4, on Friday. Illinois took the championship and automatic conference bid for the NCAA Tournament. This was Greg Beals’ first season as coach of OSU, after replacing Hall of Fame coach Bob Todd. The team finished one game below .500, marking the first time the Buckeyes had a losing record since 1987. Beals did lead OSU back to the Big Ten Tournament, however, after Todd’s team missed the cut last season. Beals said he was proud of how far the team came in his first year at OSU. “Of all the great teams in Ohio State baseball history, this team, this year, was the first team to sweep Michigan at home in Bill Davis Stadium,” Beals said. “This was the first team to go up and at Minnesota, and win a series on the road at Minnesota — first in history.” Freshman outfielder Tim Wetzel said the team had a lot of guys fitting into new roles and that they all matured over the year. “We all found our roles pretty early in the season, and then we all really stuck to that,” Wetzel said. “I think, in a game like this, that’s going to take us a long way.” Beals said the players knew who they were and fought their “tails” off. “I’ll remember these kids for the fight they had,” Beals said. “Whether they were as good or better or not as good, they just fought, and they fought, and they fought.” The Buckeyes will lose seven seniors, including three everyday starters. This includes two starting pitchers and two relief pitchers, one of whom was Drew Rucinski, a second-team All-Big Ten selection. Beals said the team has eight incoming players signed to national letters of intent and seven verbal commitments. “I’m looking forward to next year, playing with all these guys — except for those seven seniors that will be gone,” sophomore catcher Greg Solomon said. “They did a hell of a job this year.” Beals said the bar has been set high for OSU baseball and that, in the future, the team needs to take care of business so chances to make the Big Ten Tournament are not in jeopardy. “Playing baseball the right way and maximizing the game of baseball is what me and my coaching staff are going to push every day in this program,” Beals said. “It was something that was an absolute necessity for this season, and it’s something that I think for great baseball, where we want this program to go, it’s going to be a necessity in the future also.” read more

"Ohio State baseball makes Big Ten Tournament falls short under new coach"

Columbus Crew lose first match under coach Gregg Berhalter fall to Toronto

Columbus Crew forward Jairo Arrieta (middle) shoots the ball during a game against the Philadelphia Union March 22 at Crew Stadium. The Crew won, 2-1.Courtesy of MCTThe best start to a season in franchise history has come to a halt for the Columbus Crew.After a strong start to its 2014 campaign, the Crew (3-1-0) suffered its first defeat of the year Saturday, falling 2-0 to Toronto FC (3-1-0) at Crew Stadium.U.S. Men’s National Team star and Toronto FC midfielder Michael Bradley scored in the 11th minute, his first Major League Soccer goal in nine years after playing in the Netherlands, Germany, England and Italy.Crew coach Gregg Berhalter said after the match that a poor performance during the first 20 minutes led to his team’s downfall.“We had a horrendous start to the game. It was sloppy in every sense of the word,” Berhalter said. “To me, it’s something where we got complacent and that’s the worst thing a team like us can do because we need to keep fighting. We need to keep pushing and we’re not there yet.”Crew midfielder Hector Jimenez had a similar impression of the team’s level of play early.“Those first 20 minutes were crucial, giving up that early goal, and it was hard for us to come back from that,” Jimenez said.Defender Josh Williams said the team tried to play wide, but couldn’t get the right delivery of the ball into the box.“It was just poor service. I think that played right into them,” Williams said. “They’ve got some big guys in the middle, you know, I think they kind of let us play out wide and cross the balls in and those guys were waiting for us.”Berhalter said the team’s failure to capitalize on its few chances was its downfall.“A couple chances, a couple cross bars, a couple things that hit the post and it didn’t work out,” Berhalter said. “But I attribute this loss to two things: Bad start to the game and a very well organized Toronto FC.”Toronto midfielder Issey Nakajima-Farran added a second goal in the 85th minute, triggering some Crew fans’ exit to the aisles as a tight 1-0 deficit suddenly doubled and extinguished any hopes for a comeback.Columbus had been riding a three-game winning streak before Saturday’s loss. The team’s home opener win over Philadelphia — bookended by road wins over D.C. United and Seattle — made for a perfect March.Williams said the drama and emotion of winning in Seattle March 29 on a 94th minute goal by Columbus’ Justin Meram could have played a role in the complacency against Toronto and that the players take responsibility for the loss.“You know, Gregg is going to take the blame. He already came in here and tried to take it but the players know, that’s just a good coach, him being him,” Williams said. “Practice felt a little lackadaisical this week, for whatever reason, I don’t know. Maybe it was just the high of Seattle. But it definitely wasn’t Gregg’s fault, and as players, we take responsibility for that … this week we’ve got to come out and train harder, prepare harder.”The Crew has a long week to shake off the loss, as the team is slated to travel to San Jose, Calif., to take on the winless San Jose Earthquakes Sunday at 3 p.m. The Black and Gold are set to return to Crew Stadium April 19 against D.C. United, and kickoff is scheduled for 7:30 p.m. read more

"Columbus Crew lose first match under coach Gregg Berhalter fall to Toronto"

Coach Staale Solbakken can count on captain Zeca in the Europa

first_imgFC Copenhagen Coach Staale Solbakken could reply on captain Zeca in the Europa League play-off as he picks out Atalanta’s Papu Gomez.The first leg is at the Mapei Stadium on Thursday at 19.00 UK time (18.00 GMT) as the Danes have been using Parma’s training ground to prepare for the match, while the second leg is in Copenhagen on August 28.“Both teams want to play the ball, so I expect an entertaining game,” said Solbakken as quoted in Football Italia.“Atalanta have an experienced Coach and they played many matches in Europe last season, so they have grown accustomed to playing twice a week. I think it’s a pretty even fixture.“They have a really good squad and showed stability last season, reaching the second round. Of course there are many individual talents in the team, but Gomez has found his role.2019/20 Europa League group stage draw in full Andrew Smyth – August 30, 2019 The 2019/20 Europa League group stages have been set, with the likes of Manchester United, Arsenal, AS Roma and Sevilla all in the mix.“Atalanta have so many attacking options available and it says a lot when Andreas Cornelius isn’t even their first choice.”Midfielder Zeca was featured in today’s training today and will be available to start the match.last_img read more

"Coach Staale Solbakken can count on captain Zeca in the Europa"

Van Dijk calls Alisson Fantastic goalkeeper following epic save

first_imgThe Liverpool star defender spoke wonders of his goalkeeper Alisson but urged his teammates to remain focused.Liverpool defender Virgil van Dijk praised Alisson’s “fantastic” goalkeeping after their Champions League victory over Napoli to reach the knockout stage of the tournament. Mohamed Salah scored a first-half goal to beat Napoli 1-0 at Anfield, but Alisson had an amazing save to keep them in the lead.“You don’t think too much because it happens in a quick second,” the centre-back told reporters, according to FourFourTwo.“[It was a] fantastic save, very important for all of us and fantastic keeper.”Jadon Sancho, Borussia DortmundCrouch: Liverpool could beat Man United to Jadon Sancho Andrew Smyth – September 14, 2019 Peter Crouch wouldn’t be surprised to see Jadon Sancho end up at Liverpool one day instead of his long-term pursuers Manchester United.Despite coming up with a big win on Tuesday, Van Dijk warned his teammates to not become overly confident since they have a lot more to go. Losing the UCL final against Real Madrid last season is still burning a fire under the whole Liverpool squad.“We didn’t achieve anything. We didn’t achieve anything. We won the game, we’re through to the next round and that’s just the next step for us,” he said.“We want to achieve big things this season, like every year I think, and we’re on a good way.”last_img read more

"Van Dijk calls Alisson Fantastic goalkeeper following epic save"