first_imgThe Canadian Press VANCOUVER — Four oil and gas companies are expected to answer questions today about how they use the Trans Mountain pipeline, how refinery closures affect their prices and other factors that could contribute to British Columbia’s volatile prices at the pump.A three-member panel, chaired by B.C. Utilities Commission CEO David Morton, will listen to up to four days of oral hearings in Vancouver as part of a public inquiry into the high price of gasoline and diesel in the province.Parkland Fuels, Shell, Imperial Oil and Suncor are scheduled to give opening remarks and answer questions from the panel this afternoon. In the morning, those firms and other interveners will have an opportunity to question Deetken Group, a consulting firm that prepared a report for the inquiry identifying possible reasons for the fuel price spikes.Deetken found land values and credit card fees have likely contributed to higher retail margins, while transportation and regulatory costs could be part of the reason wholesale gasoline margins are higher in British Columbia but they don’t tell the whole story.Premier John Horgan called the public inquiry in May as gasoline prices at the pump reached a record-breaking $1.70 per litre.At the time, the B.C. Liberals and Alberta government bought advertising blaming Horgan and linking his government’s resistance to the Trans Mountain pipeline expansion for the surging costs.The National Energy Board will also appear before the panel.The inquiry will conclude with a final report by the panel due Aug. 30.last_img read more

first_imgPaul Pogba is already dreaming big and hopes to add his own star to the France shirt by winning Sunday’s World Cup final against CroatiaLes Bleus are hoping to end a wait of two decades in Sunday’s final by claiming only their second world title against Croatia.History favours the French, who defeated Croatia in the semi-finals of the 1998 tournament on route to winning the World Cup, but Pogba is aware that both himself and his teammates will have it all to do at Moscow against a side that have performed above all expectations at Russia this summer and have proven themselves to be worthy contenders for the World Cup“Croatia do not have stars – they want one. They have done very well and they want the victory, like us,” said Pogba, according to Sky Sports.“But I do not have a star. It’s on the shirt, but I did not win it. We want to go looking for it like all players. It will be a World Cup final, a great match, difficult.”Croatia have played into extra-time in their last three games now and fatigue has been a concern.“We are not thinking about it,” said Pogba.ole gunnar solskjaer, manchester unitedReport: Up to seven first team players out for United George Patchias – September 13, 2019 Manchester United have some serious injury problems with up to seven first-team players out.This Saturday, United have a Premier League clash with Leicester City….“Croatia played a very tough match against England. They did not give up. They were losing 1-0 and came back.“There are two teams and one cup. They have played 90 minutes more than us – I don’t know if it’s a disadvantage for them or if they’re going to want to show that they want to win even more.“For me, we are not favourites. We did not forget the doubts about us at the beginning of the competition, about our ability to play together.“We haven’t done anything yet.”While Croatia do have Luka Modric in their ranks, Pogba knows better than to just concentrate on him.“It’s not only Modric – there is also (Ivan) Rakitic, (Ivan) Perisic and even the defenders,” he said.“I don’t think there will be a plan for Modric. There will be one for everyone.”last_img read more

first_imgAberdeen manager Derek McInnes has confirmed that the injury suffered by Gary Mackay-Steven is not severe after a clash of heads with Dedryck Boyata.The winger was stretched off during Aberdeen Scottish Cup final loss to Celtic on Sunday, but his manager revealed he has suffered no major damage.“I saw his family down at the dugout and there was an obvious concern there,” McInnes said, according to The National. “I was told he was unconscious and there was an urgency to get medics onto the park.”“Thankfully he’s sitting up in hospital, getting his tests down and it will be hopefully a straightforward concussion. Obviously, he misses the next game but I’m gutted for Gary because he was so looking forward to the opportunity to shine and has been in good form for us.”ABERDEEN, SCOTLAND - MAY 04: Manager of Celtic Neil Lennon celebrates as his side secured the Ladbrokes Scottish Premiership title after the Ladbrokes Scottish Premiership match between Aberdeen and Celtic at Pittodrie Stadium on May 04, 2019 in Aberdeen, Scotland. (Photo by Ian MacNicol/Getty Images)Lennon praises Celtic’s fan support Manuel R. Medina – May 5, 2019 According to the team manager, the way the supporters behave this season helped the team achieve an eighth consecutive title.Meanwhile, McInnes also admitted he is unhappy with match referee Andrew Dallas, following his decision to award Celtic a penalty kick.“The penalty decision didn’t do us any real harm, but it wasn’t a penalty in the first place,” he said.“It was clearly outside the box. If we didn’t have a goalie like Joe Lewis it would have been 2-0 and far more difficult.”“I also felt there was another yellow card challenge from Ryan Christie when Dom Ball breaks. The ref said he played the ball when he clearly didn’t. You need a lot of things to go for you in a final and it might sound churlish but a couple of decisions were really harsh on my team today.”“I love Ryan Christie, but it was another yellow card and the referee was in a brilliant position to see that and I don’t understand how he can say he played the ball.”last_img read more

first_img Local Atty says Govt going against public consultation; says NO to taller resort plan Facebook Twitter Google+LinkedInPinterestWhatsApp Recommended for you Related Items:consultation, gaming policy 2015 Consultations on Health & Agriculture launched Changes coming for National Parks laws; public consultation starts Facebook Twitter Google+LinkedInPinterestWhatsAppProvidenciales, 29 Oct 2015 – Consultation on the Gaming Policy 2015 has been extended to November 16 and the PNP Administration today announced that they still welcome electronic and dropped off submissions of ideas.In a 37-page document, there is focus on licensing, types of gaming, form and system of taxation, reporting and control standards, safeguards for licensees, employees, patrons, devices for gaming and games rules. In announcing the consultation the Administration shared that as of 2013, there were 80 gaming properties and 535 active machines in the TCI.We’ve got the link to the policy and email information at MagneticMediaTV.com.Follow this link to the Gaming Policy 2015: http://issuu.com/rtcstation/docs/thegamingpolicydraft15thsep2015Email: gamingconsultation2015@gov.tclast_img read more

first_imgAll Schools/ General Public ThursdaySeptember 29thYouth Got TalentTalent Show7 pmLibrary Tennis Court Facebook Twitter Google+LinkedInPinterestWhatsApp Talent/Culture Night YOUTH WEEK 2016 – SCHEDULE OF ACTIVITIES – North/Middle Caicos DateEventDescriptionVenue & TimeParticipants FridaySeptember 30thFoot Steps For Good Charity Walk (Provo)Charity WalkFrom Clement Howell High to National StadiumClement Howell High to National Stadium7 amAll Schools/ General Public Raymond Gardiner High School WednesdaySeptember 28th WednesdaySeptember 28th Arts and Culture DayDisplay of arts and culture and games4:30pmNK Francis Park TuesdaySeptember 27thIsland Treasure HuntIsland Treasure HuntParade Ground5PM Friday30th September 2016 All Schools/ General Public TuesdaySeptember 27thInter- Primary Speech CompetitionEach school will have two contestants for our Quiz Competition.  Two schools will advance to the championship roundVenue TBA10am MondaySeptember 26thDevotions WednesdaySeptember 28th Events For National Youth Week DateEventDescriptionVenue & TimeParticipants All Schools/ General Public Jazz In the GardenJazz performances by schools from around islandsNational Stadium4PMAll Schools/ General Public All Schools/ General Public All Schools/ General Public Friday30th September 2016Jazz In the GardenJazz performances by schools from around islandsNational Stadium4PMAll Schools/ General Public PDM re-launches radio show for Youth Week All Schools/ General Public HJ Robinson HighHJ Robinson High A Taste of TCIForum on the evolution of Art and culture in TCI with sampling of locally made dishescenter_img Related Items:akierre missick speaks of national youth week, celebrating art and culture in the TCI, national youth week, national youth week 26th-30th of September MondaySeptember 26thDevotionsDevotions with all schools to commemorate Youth DayMethodist Church9:00amAll Schools/ General Public Culture event promoting TCI heritageVenue TBA7PM SundaySeptember 25thNational Youth Day Service Church ServiceChurch Service to  commemorate Youth DayHJ Robinson Parade Ground Youth Parliament Launched; Looking for Passionate people Cultural ConcertCulture event promoting TCI heritageRegatta Village7PM MondaySeptember 25thDevotionsDevotions to  commemorate Youth DayClement Howell High8:40amClement Howell High YOUTH WEEK 2016 – SCHEDULE OF ACTIVITIES – PROVIDENCIALES YOUTH WEEK 2016 – SCHEDULE OF ACTIVITIES – GRAND TURK All Schools/ General Public WednesdaySeptember 28th YOUTH WEEK 2016 – SCHEDULE OF ACTIVITIES – SOUTH CAICOS ThursdaySeptember 29thInter- house Speech CompetitionEach house will have 2 contestants for the competition.  There will be the winning house, and the best speaker award.Venue TBA10am TuesdaySeptember 27thSpeech CompetitionSpeech CompetitionOna Glinton Primary10am All Schools/ General Public Recommended for you DateEventDescriptionVenue & TimeParticipants TuesdaySeptember 27th Students/ General Public All Schools/ General Public Gustavus Sports Complex10am Facebook Twitter Google+LinkedInPinterestWhatsAppProvidenciales, TCI, September 23, 2016 – In keeping with the United Nations International Youth Day; The Department of Youth Affairs is please to celebrate National Youth Week 2016 under the theme “Celebrating Art and Culture in TCI” during  26th-30th September 2016.  National Youth Week events are scheduled for all the islands at both Primary and High school level. There will be speech competitions on North Caicos and Grand Turk, a culturally themed island treasure hunt on South Caicos as well as local youth artist performances throughout.All highlighted by the Jazz in the Garden themed concert on Friday 30th September 2016 which will showcase the talents of schools from around the islands at the National Stadium on Providenciales.Deputy Premier and Minister for Education, Youth, Sports and Library Services, Hon. Akierra Missick stated; “This year’s events are centered on allowing young people to express themselves through the various arts.   This outlet is an opportunity to demonstrate both cultural and personal identity while also learning of the importance of preserving Turks & Caicos Islands long and storied cultural background.” Arts ExhibitionDisplay of arts and craft by local artistProvo Public Library12 pm Friday30th September 2016Jazz In the GardenJazz performances by schools from around islandsNational Stadium4PMAll Schools/ General Public Friday30th September 2016Jazz In the GardenJazz performances by schools from around islandsNational Stadium4PMAll Schools/ General Public MondaySeptember 26thInter- Primary SchoolGeneral DevotionAll Primary schools will combine for devotionsVenue TBA8:40amAll Schools/ General Publiclast_img read more

first_imgThe Union Budget 2016 for financial year 2016-17 to be presented next February could have an unpleasant surprise for the Indian middle-class.Interest rates on retail deposits could be announced, affecting millions of Indians in the middle income group and who form a significant vote base for the Narendra Modi government.The logic is simple: If lending rates have to come down, deposit interest rates have to be reduced first, for which the government would have to lower interest rates on a range of fixed-income products offered through post offices. The cascading effect would be a risk the government would be forced to take hoping the trade-off does not harm the BJP politically.The Reserve Bank of India (RBI), since January this year, has reduced the repo rate by a cumulative 125 basis points (bps), but only half of it, about 60 bps, has been passed on by banks to borrowers, according to RBI Governor Raghuram Rajan.A worried RBI has said it will come out with new guidelines for calculating the base rate this week.”The median base lending rate has declined only by 60 bps since then. There is a particular way to calculate the base rate now. And our worry is it should not come in the way of banks to pass through lower lending rates to customers. That is why we took a relook at the base rate and are coming to the marginal cost pricing which we will be announced later this week,” Rajan told reporters after the fifth bi-monthly monetary policy review on 1 December.A look at interest rates on term deposits offered by Indian post offices would give some insight on the nature of the risk involved.The total term deposits held by Indians with post offices stood at Rs 2,42,795 crore as of 31 March, 2014, in 3.62 crore accounts. The interest rate on term deposits, including the monthly income scheme, has remained unchanged at a high 8.4% from 1 April, 2014, for a tenure ranging from one year to up to three years, and 8.5% for more than three years and up to five years.On the other hand, public-sector banks offer anywhere between 7% and 7.75% interest for a one-year term deposit.”Any cuts in lending rates will require deposit rates to be adjusted down. This in turn needs the government to lower returns on post office deposits and other small savings schemes, which compete with banks’ deposits. We expect some developments on this front on or before the February 2016 budget,” said Radhika Rao, economist, group research, DBS Bank.The earliest the Modi government can make an intervention would be in the forthcoming Budget to be announced in February next year.Keen to ensure that any move by the government does not impact the middle class, Union Finance Minister Arun Jaitley said on Friday his government would have to “move cautiously” on reducing interest rates on retail deposits, since it has the potential to “hurt vulnerable sections like retired employees”.last_img read more

first_imgCrumpled CNG-run auto-rickshaw. Photo: Alam PalashAt least nine people were killed in separate road accidents in Chandpur, Feni, Chuadanga and Lakshmipur on Sunday, reports UNB.In Chandpur, at least six people, including a woman and her son, were killed after a bus hit an auto-rickshaw in Shahrasti upazila.The deceased were identified as Jannatul Ferdous, 28, her son Ruman, 8, Ranjit Chandra, 52, Fakhrul Islam, 75, Mohammad Shahjahan, 45 and Abul Kalam, 62.Five auto-rickshaw passengers were killed on the spot and two others injured in the accident on Chandpur-Cumilla regional road in Kakoirtola around 9:00am, said Shah Alam, officer-in-charge of Shahrasti police station.Among the injured, Shahjahan died on the way to a hospital.In Feni, a man was killed and two others injured after a truck hit an auto-rickshaw at Anandapur in Fulgazi in the morning.The deceased was Khorshed Alam, 45. The injured were admitted to Feni Sadar Hospital.In Chuadanga, a motorcyclist died after being hit by a truck.Police named the victim as Shanto Miah, 30, son of Asir Uddin, resident of Makhaldanga village.The accident took place on Chuadanga-Meherpur road at Bhalaipur intersection in Sadarupazila around 5:00am, said Abdus Salam, deputy director of Chuadanga fire service.In Lakshmipur, the death of a madrasa student in a road accident sparked protest at Shakchar area in Sadarupazila in the morning.Yasin, class III student of local Hamid Miazi Madrasa, was killed after a speeding pickup van hit him while he was crossing the road for on his way to the madrasa around 10:00am.Agitated locals blocked the road and halted vehicular movement.Police later intervened and brought the situation under control, said Md Lokman Hossain, officer-in-charge of Sadar police station.last_img read more

first_imgAyars and Meghan Schneider are both in their second stints with the U21 squad after being initially selected in July 2018. U.S. Women’s National Team U-21 SelectionsCarter Ayars (Wilmington, Del.) is a two-time National Field Hockey Coaches Association (NFHCA) All-West Region selection and was named to the ACC Field Hockey Championship all-tournament team in 2017. The defender started 17 games in 2018 and anchored the Cardinals’ defense which produced five shutouts and a 1.27 team goals-against average. Story Links Walsh (Louisville, Ky.) started all 19 games during her senior season and led the Cardinals with a career-high 11 assists.Stone and Walsh were also named to the U.S. Development Team in July 2018. Stone was a member of the U21 team and the U19 team for two years apiece. The U-21 USWNT will travel April 17-24 to Monchengladbach, Germany for a 3 Nations Invitational with Germany’s U-21 team and Great Britain’s U-21 team, where they will play two games against each opponent at both the Viersener Tennis and Hockey Club and Warsteiner HockeyPark.U.S. U-21 Women’s National Team Schedule:Saturday, April 20             U-21 USWNT vs. U-21 Germany                 11:00 a.m. ETSunday, April 21                U-21 USWNT vs. U-21 Great Britain          12:00 p.m. ETTuesday, April 23              U-21 USWNT vs. U-21 Germany                 10:00 a.m. ETWednesday, April 24       U-21 USWNT vs. U-21 Great Britain          11:00 a.m. ET The U.S. Women’s National Development Squad embark on a tour of The Netherlands April 13-22 where they will play two games against the Scotland senior team, one against Belgium’s U-21 team and the Stichtsche Cricket en Hockeyclub (SCHC) team at the AMHC Rood-Wit and SCHC. U.S. Women’s National Team U-21 SelectionFreshman Katie Schneider (San Diego, Calif.) was selected to the USWNT U19 team in January after having been previously selected to participate in USA Field Hockey’s U19 and U17 Junior National Camps. As a freshman at UofL, the forward played in 19 games and three starts and scored four goals. Katie Schneider was named the USWNT U-19 travel roster while Carter Ayars and Meghan Schneider will travel to Europe with the USWNT U21 squad. Additionally, Taylor Stone, Katie Walsh and Erin McCrudden were selected to the USWNT Development Squad’s traveling roster for its tour in The Netherlands. U.S. Women’s National Development Squad SelectionsStone (Herndon, Va.) is a two-time National Field Hockey Coaches Association and all-ACC selection (2017, 2018), earning her most recent nods after starting all 19 games for the Cardinals. The defender/midfielder finished her senior season tied for third on the team with five goals. McCrudden (Yorktown Heights, N.Y.) completed her senior season at UofL in 2016 and earned NFHCA All-America honors that year. She was named to the U.S. Women’s National Development Squad in 2016 and went on to earn a spot on the U.S. Women’s National Team and competed in 13 international caps. The U-19 USWNT will travel to Dusseldorf to take on Germany’s U-18 team twice and Belgium’s U-18 team once at the Dusseldorfer Hockey Club.U.S. U-19 Women’s National Team Schedule:Thursday, April 18            U-19 USWNT vs. U-18 Germany                 1:00 p.m. ETSaturday, April 20             U-19 USWNT vs. U-18 Belgium                   10:00 a.m. ETSunday, April 21                U-19 USWNT vs. U-18 Germany                 6:00 a.m. ET The selections were made by the USA Field Hockey Junior High Performance Staff following additional training camps in North Carolina, Pennsylvania and Virginia over the past month. The University of Louisville field hockey program is well-represented in the USA Field Hockey program with six current or former players listed among the High Performance Tours to Europe in late April. Meghan Schneider (San Diego, Calif.), previously spent two years as a member of USA Field Hockey U19 team. The sophomore started every game this past season and scored her first career goal when she delivered the game winner against UMass Lowell. She was a valuable part of the defense with registered five shutouts and held opponents to a 1.27 goals-against average. U.S. Women’s National Development Squad Schedule:Monday, April 14              USWNT Devo vs. Scotland Seniors             8:00 a.m. ETTuesday, April 16              USWNT Devo vs. Scotland Seniors             8:00 a.m. ETThursday, April 18            USWNT Devo vs. U-21 Belgium                   7:30 a.m. ETFriday, April 19                  USWNT Devo vs. SCHC                                   12:00 p.m. ET Print Friendly Versionlast_img read more

first_imgDhoomimal Gallery is showcasing the art works and archival material by F.N. Souza curated by Vinod Bharadwaj and Brij Sharma. As the name says Souza – City of Women, you will see the most popular artworks of nude women. His artworks are provocative and he does so like no other Indian artist does. There is nothing genteel about his works. He is totally uninhibited yet so endearing and so full of candor, grace and originality. That’s the common thread whether one is contemplating his life, his art or his writings. Thus, to understand the sexuality, mystery, eroticism and beauty of Souza’s women one needs to have wide-open eyes, not a narrow and puritan mind.  Also Read – ‘Playing Jojo was emotionally exhausting’People may seem to think erotica was founded by Hugh Hefner and that the Playboy magazine is the oldest of its forms, but if we go back hundreds of thousands of years, we would find erotica is as natural an emotion or element of nature as depicted in the sculptures and carvings of Khajurao and many other examples of gods and goddesses in erotic forms have actually been part of Indian history. Then why today we have such suppression.The idea of an evolved society is to have the capability of thinking, even discussing and then channelizing the thoughts.  Also Read – Leslie doing new comedy special with NetflixLetters written by Souza are not easy to come by, though he was a prolific correspondent. Vinod Bhardwaj had perhaps the finest set of them where Souza commented freely in his now-dismissive-now-sarcastic style about the work of his contemporaries offering cogent arguments to support his beliefs. Francis Newton Souza’s work is the strongest among all equals. Souza is the face of Indian Contemporary Art internationally. From landscapes to nudes, still life to strong heads, Souza’s done it all.When: On till April 30Where: Dhoomilal Art Gallery, CPlast_img read more

first_imgMaureen Connaughton uses patterns based on 18th century designs to create her colorful woven fabric art. She has set up a floor loom as part of the display, demonstrating the intricacy of the technical aspects involved.All of the artists contributed so much interesting work, from traditional to avant-garde, that we will continue this report on Monday with more coverage of this important art event. Joseph Antonio Primo De Rivera-Ramos’s artwork explores the concepts of the Big Bang and the evolution of consciousness with paintings and ink drawings. In addition to “Pearl,” the hand-crafted wooden kayak, David Hutchens has created large ceramics works: salt saggar fired baskets and vessels.center_img February 11, 2011This is the continuing report about the 2011 Arcosanti Resident Art Show which opened February 5th. Residents and alumni will display their work for two months. Most of the work, including painting, photography, pottery, sculpture, fabric art,  jewelry and other media, is for sale.Cliff Hersted presents sculpture of morphogenesis in bronze, stone, wood and aluminum.last_img read more

first_imgVoddler has launched a movie streaming service with Dolby’s Digital Plus audio for certain smart phones.The Scandinavia-based video-on-demand operator said the service, which at launch is available on Nokia smart phones, is the first of its kind and delivers cinematic surround sound to the mobile devices.last_img

first_imgSouth African pay TV operator MultiChoice has introduced a new DStv Family pack, to launch on April 9, priced at ZAR175 (€14.50) a month.The pack will include over 45 channels, 17 of which have not been on lower-tier bouquest previously. These include Sony Entertainment, Discovery TLC, Nat Geo Wild, KykNET Musiek and Cartoon Network.Two new channels – Fox and KykNET & Kie – will also be added to the DStv bouquest on April 9, available via the Compact and Premium bouquets as well as the new Family pack.Fox will feature shows including Falling Skies and The Walking Dead, while kids channel KykNET & Kie will give customers on DStv Compact and DStv Family access to some kykNET shows such as Villa Rosa, Binneland, Toks en Tjops, Enuus and Dagbreek. KykNET & Kie will absorb existing kids service KooWee, airing shows including Tjiff and Tjaff, Lappies, Pikin and Zimzim.last_img read more

first_imgThe Walt Disney Company is reportedly eyeing a deal to buy social media platform Twitter.According to Bloomberg, Disney sees Twitter as a key video distribution platform, and as such has hired the Bank of America to evaluate a deal.Twitter founder and CEO Jack Dorsey is the board of Disney, meaning the two companies already have top-level lines of communication open.Twitter operates primarily as a social messaging service, with an average of 313 million monthly users. It currently has a market capitalisation of US$20 billion, with its shares rising to US$23.41 on news of Disney’s interest.However, it is increasingly used as a video distribution platform and would offer Disney a new way of getting short-form video from US broadcast network ABC, sports cable channel ESPN and its Disney Channel networks out to younger adult audiences.Disney already owns multichannel network Maker Studios, paying an initial US$500 million for the business. It was due to pay another US450 million, but targets were missed, meaning the total value was less than US$700 million.The Mouse House also has a 25% stake in VOD service Hulu and shareholdings in Vice Media, both directly and another through the part-owned A+E Networks.Rumours that Dorsey and the Twitter management team are looking at selling have been swirling on Wall Street for some time.Last week, it emerged San Francisco-based cloud computing company Salesforce was exploring a deal, while YouTube parent Google has also been linked.last_img read more

first_imgIn This Issue.* Say a prayer for the families in CT… *CPI gives a green light to the FED… * Japanese elections send the yen lower… *Bond investors ignore the rating agencies…And, Now, Today’s Pfennig For Your Thoughts!Tragedy in Connecticut… Good day. I will start today’s Pfennig with a moment of silence and encourage all of you to say a quick prayer for the families effected by Friday’s horrific event. . . . . . . There is absolutely nothing that can be said other than my thoughts and prayers go out to the parents and loved ones who lost their lives Friday morning. This is certainly a crazy world in which we live in, and each minute of every day is a gift from god.  Life is short, live it to the fullest!The currency markets were fairly flat on Friday, with the dollar slipping a bit in morning trading but staying within a tight range.  The drop was caused by a larger than expected drop in consumer prices here in the US during the month of November.  The CPI report showed prices fell .3% during November compared to an expected drop of .2%.  The YOY figures showed prices rose 1.8% vs. November of last year, just .1% less than economists projections.  A drop in energy prices is what pushed the overall prices down, and the core (Ex Food and Energy) numbers showed prices actually increased .1% last month.  Currency traders took the dollar lower on this data as inflation doesn’t seem to be presenting any barrier to the Fed’s unlimited stimulus plans. The Euro moved higher on Friday after EU finance ministers agreed to put the ECB in charge of all euro-area lenders.  A single European bank supervisor was one of the items pushed by German leaders, and most believe that it is another necessary step to help avoid future debt problems.  Placing all of the European banks under one set of rules and one regulator should help restore confidence in the banking system and it will also enable the new rescue fund to provide direct bailouts to these banks. The news helped to make the euro one of the best performing currencies vs. the US$ on Friday with a gain of .69%; as I mentioned earlier the overall market was pretty flat.  On the other side of the ledger, the Japanese yen was one of the worst performers on Friday, losing .20% vs. the dollar.  The traders were focused on the Japanese elections which occurred over the weekend.  As expected, Japan’s Liberal Democratic Party led by Shinzo Abe won easily.  The win is going to be seen by Abe as a mandate to act on his campaign promises to get the Japanese economy growing again.  His plan is to double Japan’s inflation goal from 1 to 2% and to provide unlimited easing in order to try and stimulate economic growth.  Abe is wanting to throw all caution to the wind, and will push the Bank of Japan to allow additional monetary expansion. Japan’s currency has fallen over 5% in the past month as it became apparent that Abe would win.  Currency investors are worried that these expansionary policies and ‘forced’ inflation will lead to drop in the value of the Japanese yen.  Sound familiar?  While Bernanke and his compatriots at the Fed haven’t been as vocal as Abe on wanting inflation, I would definitely watch how the markets treat the Japanese yen over the next few weeks as the policies Abe will put into place are similar to those being contemplated by our own central bank.The only currency which performed worse than the Japanese yen on Friday was the Canadian dollar which lost ground vs. the US$ after a week factory sales number.  Statistics Canada said factory manufacturing sales declined 1.4% in October, the biggest decline since January.  The fall was not large (as I have indicated, the currency markets were pretty flat) and was probably more of a easing of an overbought position.  Currency traders were probably ready to take some of their profits in the loonie off the table, and the data presented them with a good opportunity to do just that.  The Canadian dollar still ended the week with a slight gain vs. the US$.Moving back over to the US, Friday’s tragedy has taken the focus of the media away from the debt crisis, which may actually be good for the negotiations.  The glare of the media sometimes has a blinding effect on politicians, keeping them from seeing what lies ahead.  With all of the attention shifted to the tragic events in CT, there has apparently been some progress on the fiscal cliff negotiations.  Republican leaders have put tax increases for the wealthiest back on the table, and this weekend agreed to push the debt limit debate out another year.  Now it is the President’s turn to identify some spending cuts to bring back to the negotiating table. As I mentioned in yesterday’s Pfennig and Pfriends, I expect a compromise to be reached during the final week of this year, but this compromise will not present any ‘real’ solution to our debt problem.  Our leaders in Washington have realized the simplest way to pay down the debt is to simply print more dollars.  This ‘strategy’ (if you can call it that) will work as long as investors continue to accept the US$ as the globe’s reserve currency and buy our debt.  The big problem will occur if/when foreign investors finally decide to reduce their dollar holdings, or if / when a substitute global currency emerges.Chuck is hopefully sleeping in a bit this morning, but sent me the following yesterday to share with all of you this morning:  The latest reports from the IMM Positions of last week show that the net U.S. dollar (USD) short positions really grew!  And the main beneficiaries of those short dollar positions were what the markets call the “dollar bloc” (Aussie, Canada, New Zealand). In fact Aussie dollar long positions grew to a record level! But then, so did Mexican pesos…   Now sure what everyone is all lathered up about regarding pesos, given the history, that apparently the young-guns don’t know about, and have failed to read up about… I had to remind some of the young-guns the other day about when Mexico decided to move the decimal point on their currency valuation… Any way…  I always find these IMM Positions to be interesting and reflecting on what we’re seeing in the spot currency markets each day…  the thing to always keep in mind here is that these futures positions can change in a heartbeat…  So, just use this info as “additional fodder” for your decisions…Thanks for the insight Chuck, we certainly appreciate it!  As Chuck mentioned, the Aussie dollar long positions have grown to a record level, and the value of the AUD certainly reflects this.  The Aussie dollar rose to the strongest in 19 months vs. the Japanese yen but actually move a bit lower vs. the US$ over the weekend.  The RBA will be releasing the minutes from their meeting earlier this month when interest rates were reduced, and investors will be looking for any indications that more rate moves are likely.  Neither Chuck nor I expected the rate cut, and we now expect Australian rates to remain in place into next year.  The RBA just cut rates a bit earlier than we expected. Today we will get the Empire Manufacturing numbers along with the TIC flows which is an indication of just how confident foreign investors are in the US economy.  Tomorrow we will get the Current Account balance for 3rd quarter and the NAHB housing market index.  Wednesday will bring more housing data and Thursday we get 3rd quarter GDP along with the weekly jobs numbers.  And Friday (the end of the world according to some) has an unusually large amount of data with Personal Income and spending along with the Durable Goods numbers for November.And then there was this. Neither Chuck and I have been fans of the rating agencies, as both of us feel they are typically ‘late to the game’ with their credit adjustments.  All of the rating agencies certainly took a hit to their credibility with the subprime meltdown and euro-area bond crisis.  This morning I found an article on Bloomberg which indicates bond investors seem to agree with our skepticism of these rating agencies.  According to Bloomberg, “Yields on sovereign securities moved in the opposite direction from what ratings suggested in 53 percent of the 32 upgrades, downgrades and changes in credit outlook. .. This year, investors ignored 56 percent of Moody’s rating and outlook changes and 50 percent of those by S&P.”  Apparently fixed income investors are relying more and more on their own research, and depending less on the rating of the issue they are purchasing.  This, in my opinion, is a good thing!  Investors should always do their own due diligence, and should never depend simply on a rating by a firm which was paid by the bond issuer rate it. To recap. The currency markets were flat on Friday, with the dollar drifting lower in early trading.  Japanese elections over the weekend pushed the yen lower as a win for Abe and his LDP party assure further stimulus measures in Japan.  No solution for the debt crisis, but negotiations seem to be taking a better turn (that is if you want to see the can kicked further down the road).  The Canadian dollar dropped, but the selloff was likely due to an overbought level rather than a change in sentiment.  And Chuck shared the IMM Position data which indicates the Aussie dollar is a favorite among currency investors.  Currencies today 12/17/12. American Style: A$ $1.0539, kiwi .8439, C$ $1.0128, euro 1.3157, sterling 1.6204, Swiss $1.0893. European Style: rand 8.5624, krone 5.6024, SEK 6.6482, forint 218.29, zloty 3.1060, koruna 19.173, RUB 30.8211, yen 83.74, sing 1.2206, HKD 7.7501, INR 54.855, China 6.2370, pesos 12.782, BRL 2.0877, Dollar Index 79.576, Oil $86.67, 10-year 1.72%, Silver $32.235 and Gold $1,692.60.That’s it for today. Happy Birthday to Jennifer McLean who is turning XX today! No, I won’t do that to Jennifer, but I will let you know that I have been working with Jennifer for nearly 20 years now, so you can do the math (Jenn did start working at a young age!).  I spent most of yesterday over at my mom’s who hosted us for an early Christmas dinner.  I went over a bit early to watch the Rams game with mom who is an avid fan.  Unfortunately our Rams weren’t able to stop the NFL’s leading rusher who put an end to any hopes of a wild card for our home town team.  After the game we had a great time exchanging presents and enjoyed an amazing dinner which she had prepared.  The evening took on a bit more meaning after the tragic events of last Friday.  The holiday season can get very busy and I admit to not being too excited about being ‘dragged’ to family events at times in the past.  But I realize I am very lucky to have so many family members live close by, and I am looking forward to each of the many holiday gatherings which I will be attending over the upcoming holiday season.  Life is sometimes too short, make sure you give your loved ones a hug today.  Thanks for reading the Pfennig, and hopefully we will all have a Magnificent Monday to start off the week.Chris Gaffney, CFA Vice President EverBank World Markets 1-800-926-4922 1-314-647-3837last_img read more

first_imgIn This Issue. * Traders look for clues in the minutes. * Dollar recovers today. * BOE Minutes are very dovish. * Buying up all the supply? And Now. Today’s A Pfennig For Your Thoughts. It’s All About FMM Today. Good Day!… And a Wonderful Wednesday to you! WOW! What an absolutely beautiful day here yesterday! The calm before the storm so to speak unfortunately. Rain is expected today, and cooler temps.  Oh well, if you didn’t have days of rain, you would take the sunshine days for granted! This should be somewhat short-n-sweet this morning, as there’s not much going on, and I hear my pillow calling out to me to return. Of course, that won’t happen, as I’ll be good to go by the time I finish the letter!  Argent greets me this morning with their song, Hold your Head High. Well. You know the mini-rallies we saw in the currencies the last few trading sessions? Guess what is going on with it this morning. Give up?  Nah, I’m sure you nailed this and are somewhat miffed that I would think you would give up so easily! HA!  But the dollar has reversed its course of the last few trading sessions, and get this, the traders are pointing to the Fed’s Meeting Minutes that will print this afternoon, as the reason they’ve decided to push the dollar to the head of the class today. What, did they just realize that the Fed’s Meeting Minutes (FMM) print this afternoon? This kind of knee jerk reactions to stuff that’s been on the docket for a long time, but that’s what we have in place of real fundamentals.    So, if everyone is pointing to the FMM, we might as well discuss them, eh?  Speaking of FMM, I keep having the Steely Dan song, FM pop into my head. So. Apparently, traders think that the FMM is going to reveal some additional information about when the Fed will hike rates.  As of right now, everyone, but Chuck, has the June FOMC Meeting circled as the rate hike meeting. So, what has traders all lathered up about the FMM? Do they think that the Fed will reveal that they’ll move the rate hike up by a meeting, or something like that? Well, if they do think that, they’re barking up the wrong tree, folks. But it is what it is, right? And that means traders and participants believe that the dollar should be stronger because of what the FMM MIGHT say.  Sentiment. once again rules.. UGH! We will have a few Central Bank meetings this week, and one of them is the Swiss National Bank (SNB).. Boy, you have to wonder if they have anything else up their sleeve, for that last trick they pulled out of their sleeve really damaged the markets’ psyche. the “carry trade” , where an investor sells a low yielding currency short (because borrowing costs are low) and then uses the proceeds to buy a high yielding currency and hopes that neither currency moves much, is now something that traders won’t touch with someone else’s ten foot pole. They saw, and a lot them experienced, the damage that the SNB caused when they dropped the peg on the cross with euros, and the franc went on a one-day moon shot. this caused so many losses across the board, that now traders are not going to test the carry trade waters again anytime soon.   So, what’s the SNB have up their sleeve this week? Well, I’ll bet a dollar to a Krispy Kreme that the SNB is going to announce a rate cut. Well, what so special about that, Chuck? (I hear you asking)  Well, the SNB doesn’t have any interest rate to cut. So this would take them into negative rates territory.. A return to the wild and crazy days of the 70’s, when Swiss deposits were charged interest. Well, the SNB won’t go directly there, go past Go, and go directly to jail, just yet. They’ll start out like everyone else that has implemented negative rates, and that is they implement them on deposits at the central bank.  But, if Banks are getting charged negative rates for their deposits, it won’t take them long to pass those negative rates to bank depositors. So, get ready for that..   It really ticks me off when Central Banks do this sort of.  boy I typed quite a few words that described what I was thinking, but there’s no way any of them would get past the border patrol, so I’ll leave the finishing of that thought to you, dear reader! So, yesterday, I carried on about the Sunday Pfennig, and today, I have even more follow up to that discussion!  The Bank of England (BOE) printed their last meeting’s minutes (BOEMM)  and they were quite dovish. So, first and foremost, the last vote to keep rates unchanged was 9-0. That means not one BOE member voted to hike rates.  And then there was some conversations in the BOEMM that caught my attention, such as one member thought that “the next change in monetary policy was as likely to be a loosening as a tightening”.    So, take it for what you will, to me, the overall feeling from reading the BOEMM was that there will be no rate hike this year, and the first chance of a rate hike happening will come in 2016, but. the economy’s wherewithal the rest of this year will dictate what plays out in 2016. But, the British pound sterling didn’t get sold on this dovish BOEMM. Strange, eh?  I mean if here in the U.S. the dollar is getting bought today because traders anticipate a hawkish FMM, but in England, the pound is not getting sold because of a dovish BOEMM. Strange days indeed, so peculiar momma! There was finally some news from the Eurozone / Greece meetings, and the euro gets exposed, and can no longer hide in the shadows of the no news is good news mantra..  So, here’s the skinny. Greece is going to submit a request for an extension of 6 months of their loan agreement, which runs out at the end of this month. However, Germany is not interested in any request to extend the agreement. They say they want Greece to honor its present agreement. And Greece is trying every which way to wiggle off the austerity hook. In the end, Germany might cave in to “save the Eurozone”, but will do so kicking and screaming. For if they don’t cave in, it will force Greece to look elsewhere, and when they do, that will cause the grexit that everyone keeps talking about. Greek Exit.. I won’t get into my slowest Buffalo theory that the great mind of Cliff Caven taught me about, as I’ve done that before. But, that’s what I think about when I hear about grexit! Greece cheated to get into the euro club. They hid their debt. Of course we all know who showed them how to do that, but  we won’t get into that right here, right now, what I’m getting at is that Greece should have never been part of the euro, they didn’t meet the criteria, and therefore didn’t cut the mustard, but they’re in now. What’s a parent to do? Just hold them close, hug them and let them know they’re loved, and hope you hug the bad out of them!   No wait, what the heck am I talking about here?  Oh well, Greece is there in the euro club, so now they have to be dealt with, or see them walk. And if they walk, then Italy and Spain and Portugal might think that’s a good idea too. And then we would have the Northern euro, and the Southern euro. Think that’s crazy? Well, I do too, but. I’ve seen crazier things happen! The price of Oil slipped a buck in overnight trading, and left the petrol currencies wondering which way it was going to go now, up or down. That’s right I said up or down, not drown. The Russian ruble has been on a good roll in recent trading sessions, and some of that can be attributed to the stronger Oil price, but most of it can be attributed to the peace agreement that went into place this last weekend.  Get those sanctions removed so that not only Russian but too the Eurozone can now move freely about the country and kick start an economic recovery. Gold just keeps heading in the wrong direction and there doesn’t seem to be anything to stop it from doing so. The price manipulators took their pound of flesh a few weeks ago, that got this weakness started. The FMM plays into the price of Gold today too. So, everywhere we go, people want to know, no wait! Everywhere we go today, the FMM will be a long shadow following us around.  Yesterday, I told you how China had imported 315 Tonnes of Gold in the first 6 weeks of this year. Using my new math skills, I compute that out to be 2,730 Tonnes annualized. Now, we all know that can’t happen, because the annual production of Gold is only about 2,000 Tonnes. Well, no wait, Chuck, it’s not just new production the Chinese are buying. They are buying old holdings too from the LBMA. (London Bullion Market Assoc.)  So, I guess they theoretically get that much Gold in one year, but given their over 1,000 Tonnes of Gold, accumulated, each year,  in the past couple of years, there would have to come a time when there was no more supply right? And then the short positions would be called on to deliver, and when there was no supply, what would happen to those short positions?  That’s right. they would have be closed, thus driving the price of Gold higher.   I know there are some writers out there that are calling for a return of Gold to its price of pre-2000, which was about $250.  I tell you this to be fair and balanced.  But I can’t get my arms around this idea, given all I know about Central Bank accumulation. The U.S. Data Cupboard is chock-full-o-data today, and I mean chock-full-o-data!  We start the day with Housing Starts for January. Shoot Rudy, there certainly haven’t been any in the N.E. this winter! That’s followed by Building Permits, PPI (wholesale inflation), Two of my fave data prints, Industrial Production and  Capacity Utilization, the Net TIC Flows, and then the Fed’s Meeting Minutes.  None of it, will be anything to write home about in my opinion, and of course that could be wrong, but I just don’t see it out there. The Net TIC Flows are interesting in that what this data used to do is tell us the net foreign purchases of securities. In other words, how many Treasuries did foreigners buy two months ago (yes it takes two months to calc this data). This used to be a good indicator of foreigners willingness to finance the U.S. debt accumulation. But then the Fed got involved in buying most of the Treasury supply, and then “other entities” began picking up the slack. No one knows who’s behind these “other entities”, my guess is that it’s the Fed, just slipping in the back door, so as not to be noticed. So, to me this data is so convoluted now, that it has lost its appeal. For What It’s Worth. Well, I had more than a couple of dear readers send me the link to this story on Yahoo.com. And it’s one that catches my attention, because of all the Pirate blood in me. As a kid I drew up maps where X would mark the spot to dig for Gold, I was always  Pirate robbing other ships of their Gold. So, this story brings back those memories. you can read the whole thing here: http://news.yahoo.com/divers-record-trove-gold-coins-mediterranean-000244620.html “Scuba divers have discovered the largest trove of gold coins ever found off Israel’s Mediterranean coast — about 2,000 pieces dating back more than 1,000 years, the country’s antiquities authority said Tuesday. “The largest treasure of gold coins discovered in Israel was found in recent weeks on the seabed in the ancient harbor in Caesarea,” the authority said in a statement. It was by pure chance that members of a diving club in the Roman-era port had come across the coins, which the authority said weighed nine kilograms (almost 20 pounds) but described as “priceless”. “At first they thought they had spotted a toy coin from a game and it was only after they understood the coin was the real thing that they collected several coins and quickly returned to the shore in order to inform the director of the dive club about their find.” Chuck again. Aye, my mates, we’ve come on a bounty! I can see myself as a young boy with a plastic sword raising it high, and my foot on the treasure chest, proud that I had captured this bounty. Great stuff, eh?  To be a pirate again!  To recap. The dollar’s 3-day weakness is over this morning, as traders are thinking that the Fed’s Meeting Minutes this afternoon will prove to be more proof that interest rates will be rising in June.  I don’t know what they are all lathered up about, even IF there was something in there that they thought gave them the inside scoop on rates, they are just words. Remember when the Fed told us they would be raising rates when the Unemployment Rate hit 6.5%? Those proved to be just words. And that’s what today is all about folks. words. Currencies today 2/18/15. American Style: A$ .7795, kiwi .7510, C$ .8040, euro 1.1375, sterling 1.5425, Swiss $1.0635,  . European Style: rand 11.7150, krone 7.5195, SEK 8.3910, forint 270.35, zloty 3.6815, koruna 24.2525, RUB 62.34, yen 119.35, sing 1.3605, HKD 7.7580, INR 62.33, China 6.1330, pesos 14.96, BRL 2.8275, Dollar Index 94.31, Oil $ 52.74, 10-year 2.13%, Silver $16.46, Platinum $1,174.00, Palladium $782.00, and Gold. $1,206.32 That’s it for today. I can hear the thunder rolling across the sky outside this morning. Sounds like a nasty storm for sure! I guess I won’t be sitting out on the deck drinking my coffee this morning while I wait for the review. Had a wonderful visit from a good friend, Walt, yesterday. He lives just north of me here, and he made the drive down to spend the day with me. we talked, and talked, while looking at the beautiful colors of the ocean. What a great person he is! The Walker Brothers are singing their song: The Sun Ain’t Gonna Shine In the Sky Anymore. Great voices of the past. But what a good song on a rainy day!  I wonder how the Pop Music is going on the desk these days. As If!  Big Hair must be coming back! HAHAHAHAHA!  Did you eat your pancakes yesterday? It’s Ash Wednesday for Catholics, and the start of lent. Which means, back home that the fish fries on Fridays are back! That’s always fun. and good fish!  They don’t fry fish like that down here. it’s done differently.. Maybe I should open a fish fry place and show them how it’s done! Nah. that sounds too much like work!   Alrighty then, time to get out of your hair for today, and send you on your way to having a Wonderful Wednesday! Chuck Butler Managing Director EverBank Global Marketslast_img read more

first_imgHuman remains found off of Ed Stevens Road by loggers in March of 2017 in Tuscaloosa County have been positively identified as missing man, 82-year-old Emmett Kyzer by the Alabama Department of Forensic Sciences.Witnesses and evidence support that Kyzer was beaten and stabbed at his residence on Keenes Mill Road before being dumped at the Ed Stephens Road location. Clifford Sinclair Madison was charged with Kyzer’s murder on January 21, 2018. Madison is being held in the Tuscaloosa County Jail on a $150,000.00 bond.Kyzer went missing back in June of 2016 from his home on Keenes Mill Road. Madison was living with Kyzer at the time of the disappearance.Emmett Kyzer’s niece Nikki Sellers released the following statement to WVUA 23:“I’ve been asked what changes I would like to see take place to prevent another elderly person from losing their life the way that Emmett did. Myself, my family, and anyone who was well acquainted with Emmett knew that he would open his door and open his heart to anyone who asked. This event is not the only time that Emmett’s kindness brought him harm. In December of 2014, Emmett answered a knock at the door from an individual asking to use the phone. He was then assaulted and robbed ultimately requiring him to be dependent on a wheelchair. From my understanding, two weeks prior to Emmett’s disappearance in June 2016, Cliff Madison and a female approached Emmett requesting to stay in his home in exchange for them assisting him with chores. Unfortunately, Emmett’s only thought was that he was helping someone, so he accepted. That decision cost him his life. An argument led to a physical altercation between Emmett and Cliff resulting in Emmett being brutally murdered. My entire family would routinely check on Emmett by visiting or by phone. He was very headstrong and valued his independence. Emmett’s nephews lived next door and across the street. We all discussed with Emmett the dangers of allowing strangers in his home but his ultimate goal was to know that he helped someone in need. If we had known that death would be the end result, maybe we should have insisted that Emmett stop allowing people to take advantage of his kindness. My only suggestion to others who may have elderly family or friends who live alone is to check on their well being; every single day. Don’t allow them to bring strangers into their homes. Convince them that there is a lot more evil today than there was when they were young. Encourage them to be cautious. I would also like to see Emergency 911 Centers implement a plan to check the well being of an elderly person who calls in for ANY type of assistance. The morning that Emmett was murdered, he placed a call to Tuscaloosa County Sheriffs Office, on their regular phone line, and asked the dispatcher what he needed to do to have these individuals removed from his home who had been staying there. The dispatcher transferred Emmett to the business office to discuss a legal eviction with someone. Ultimately, I feel like if the dispatcher had entered his name, address or phone number in their Emergency Dispatch System, information would have popped up showing there had been previous problems at his home. Maybe that would have resulted in a welfare check by a deputy and prevented this whole nightmare. I understand that 911 centers are very busy and it’s sometimes hard to distinguish real needs rather than nonsense from callers. Maybe this incident will shed some light on future changes for them. I can’t dwell on the “what if’s”. There are more than likely things that could have been done differently to prevent Emmett’s death but we must move forward. I am very thankful that he can now Rest In Peace. Since the beginning, help for our family has poured in. We had several ground searches to no avail. Family, friends and strangers showed up with food, beverages, bug spray and ATV’s to assist. Many many people routinely called or messages to check on our family’s well being. Many others simply offered their thoughts and prayers. Every little offering has been such a blessing and with that and Gods grace, we have gotten through this. I can’t say enough about Tuscaloosa County Sheriffs Office and the Tuscaloosa County Metro Homicide Unit. The kindness and compassion that they have all shown my family has been amazing. The outpouring of love and support that we have received from Law Enforcement, the media, family, friends, strangers and the entire community is very much appreciated.” Funeral arrangements for Kyzer have not be made at this time.The investigation is ongoing.last_img read more

first_img Next Article Green Entrepreneur Podcast Listen Now Editor in Chief of Green Entrepreneur Competition –shares Jonathan Small Back in 2003, Tim Blake was looking for a way to celebrate all of his cannabis growing comrades in Mendocino County, California. He noticed that other agriculture industries usually had celebrations at the end of harvest, so why shouldn’t marijuana growers? “I always like those country fairs  — the sights and smells and I thought, we should do that with cannabis,” he says.Only one problem. Although medical marijuana was legal in the state back in the day, many of his growing friends weren’t exactly on the up and up. This made advertising the event impossible. But word got around and somehow Blake managed to gather 100 people at his farm called Area 101 and give out a dozen or so rewards for their flower. Some people were so concerned about being caught that they wore masks to the event. Even some of those who won awards for their pot didn’t come up to the stage to accept their prize for fear of being identified. But an iconic event was born. The Emerald Cup. The first-ever open public consumption cannabis competition in the U.S.Related: This Is How Your Cannabis Is GrownCannabis Isn’t the Only Thing GrowingThis weekend marks the 15th Emerald Cup. The event is no longer held in the woods but at the sprawling Sonoma County Fair Grounds in Santa Rosa. Thirty-thousand people are expected to attend this year — a number that’s grown since the legalization of recreational marijuana in the state. Back in the day, you had to have a medical license to get in the door. Now all you need is a photo ID that proves you’re legal age. The lively event is home to cannabis vendors, organic food trucks, garden parties, presentations on topics such as “Cannabis Spirituality” and “The Future of Vaping,” live music and even a live podcast from stoner icons Jay and Silent Bob.There’s a Morrocan-themed VIP room, regenerative agriculture exhibit, and a consumption area that’s clearly designated by neon green signs that read  “Cannabis consumption is all good beyond this point.”  The air is so thick with smoke here, you’d think the entire Emerald Triangle was on fire. True to Emerald Cup tradition, five hundred entries across multiple categories including flowers, concentrates, edibles, CO2 cartridges, topicals and a range of CBD categories, will compete for Emerald Cup honors. Winners receive hand-crafted glass trophies made by local artists and a ton of bragging rights. Related: The Cannabis Industry’s Largest Conference Showcases a Maturing Industry  Image credit: Jonathan Small December 16, 2018 3 min read At The Emerald Cup The Cannabis Runneth Over Entrepreneur Staff Each week hear inspiring stories of business owners who have taken the cannabis challenge and are now navigating the exciting but unpredictable Green Rush. Add to Queuelast_img read more

first_img 3 min read Nina Zipkin Add to Queue What Millennials Want in a Workplace Really Isn’t So Crazy After All Entrepreneur Staff Next Article Apply Now » The only list that measures privately-held company performance across multiple dimensions—not just revenue.center_img Millennials –shares Staff Writer. Covers leadership, media, technology and culture. 2019 Entrepreneur 360 List Are millennials optimistic, socially conscious digital natives or coddled layabouts who can only communicate with a phone in their hand? Since different generations have been bemoaning the ills of the other since the beginning of time, it’s probably not super productive to paint an entire group with such a broad brush, either way you slice it. With that in mind, IBM released a study today called “Myths, exaggerations and uncomfortable truths: The real story behind millennials in the workplace,” which aims to debunk the unflattering narratives that follow the young cohort around, especially when it comes to their attitudes in the business world. Related: Managing Millennials: 5 Tips on Overseeing ‘First Timers’In the summer of 2014, the company polled 1,784 working adults in 12 different countries — millennials (21-34), Gen X (35-49) and baby boomers (50-60) – and ultimately found that across generations, most employees want largely the same things out of a work environment. When asked what qualities were most important in a manager, having a boss that was ethical and fair topped the list for all three generations, with 35 percent of millennials and baby boomers and 37 percent of Gen Xers making that choice, with transparency and dependability ranked second and third in importance. Related: Why More Millennials are Bullish on EntrepreneurshipAs for the belief that millennials were raised with a “trophies for all” mentality, 64 percent of Gen Xers thought everyone on a successful team should be rewarded while 55 percent of millennials agreed with that statement. And Gen X employees were also more likely than their millennial colleagues to want to get input from the crowd when it came to making decision (64 percent compared to 56 percent for millennials).And when it comes time to leave a one job for another opportunity, all three generations were most likely (42 percent of millennials, 47 percent of Gen X and 42 percent of baby boomers) to say they would go if they had the opportunity to take on a higher-paying gig in a more innovative environment.Related: 3 Things You Need to Know to Recruit and Retain MillennialsThe company also held a panel yesterday at its downtown Manhattan offices to discuss the findings of the study. The talk featured Adrian Granzella Larssen, the editor-in-chief of The Muse, Erica Dhawan, the founder and CEO of Cotential and co-author of the upcoming Get Big Things Done, Dan Newman, founder and president of Broadsuite, Inc., David Burstein, founder and CEO of Run for America and the author of Fast Future: How the Millennial Generation is Shaping Our World, and Jonathan Yarmis, a senior analyst at the Skills Connection.The overall theme of the panel was that the big problems we face can be solved more effectively together. Speaking to his own experience being a millennial CEO, Newman agreed.”Are millennials different by the means in which they want to communicate? Yes. Having sat on boards with 10 CEOS who were all over 50 years old when I was 28 years old, they didn’t want to text message me…but at the heart of it, the way these CEOs inspired an organization came down to the fact that they understood how to communicate with people…great leadership comes down to the ability to communicate values and vision.”Related: Is Job Hopping Losing Its Bad Rap? (Infographic) February 19, 2015last_img read more

first_imgNielsen’s TV Ratings Platform Moves To AWS PRNewswire5 days agoJuly 18, 2019 Nielsen’s Core National TV Measurement Processing Modernizes Its Traditional On-premise Servers To A Cloud-based InfrastructureNielsen announced that as part of an ongoing initiative to transform the technology infrastructure that powers its products and services, it has migrated its core National Television Audience Measurement processing from traditional on-premise server processing to a cloud-based infrastructure. These assets serve as the foundation for the industry currency, underpinning over $70 billion dollars in advertising revenue in the U.S. annually.Working alongside with Amazon Web Services (AWS), this major initiative provides Nielsen with the key foundation to improve scalability, redundancy and reliability, which has never been more crucial in an industry that has seen the rapid advancement of technical capabilities and innovation.Marketing Technology News: Sesame Workshop Names Samantha Maltin Chief Marketing Officer“The move to a cloud-based engine is a significant undertaking and underscores Nielsen’s commitment to invest in technology that will benefit our clients and the industry as a whole. Cloud processing allows for greater flexibility and velocity, as we build new and enhance existing products. It will also give us the opportunity to spend more time innovating and less time on managing infrastructure,” said Scott N. Brown, Head of Product, TV and Audio at Nielsen.“Nielsen’s move to AWS will help them become a more agile organization in the cloud and accelerate their work in helping companies around the world understand viewership data,” said Stephen Orban, General Manager at AWS. “AWS’s breadth of services, scalability and reliable infrastructure will help Nielsen drive product innovation that offers new ways for their network, publisher, agency and advertising customers to monetize their data.”Marketing Technology News: WebCEO, the Agency Oriented Marketing Platform, Launches a New Local SEO ModuleWith an emerging cloud-based infrastructure and sharpened Machine Learning and Artificial Intelligence expertise, Nielsen is now modernizing their platform in order to give clients data to both monetize today’s media landscape as well as the landscape of tomorrow. This will speed up the company’s product roadmap, as well as enable more creativity and flexibility with the measurement data and services Nielsen packages and delivers to networks, publishers, agencies and advertisers.Marketing Technology News: Progress Named a Leader in the New 2019 Gartner Magic Quadrant for Multiexperience Development Platforms AIAWSMarketing Technology NewsNewsNielsen Previous ArticleKaltura Launches New Integration with Zoom Video CommunicationsNext Article4 Tips for Using Stock Photos in Marketinglast_img read more