More migrants enter Spains north African territories

first_imgMadrid- Fifteen African migrants, including a young girl, entered Spain’s north African territory of Melilla illegally on Monday on a small inflatable boat, Spanish authorities said.Three other African migrants entered Ceuta, Spain’s other north African Territory, by passing underneath a barbed wire border fence, officials said.Ceuta and Melilla — which sit across the Mediterranean from mainland Spain, surrounded by Moroccan territory — are a key entry point for migrants seeking a better life in Europe. The two cities have the European Union’s only land borders with Africa. The rubber dinghy carrying the 15 migrants entered Melilla in the early hours of Monday though the territory’s commercial port, the regional government said in a statement.“The migrants started to run as soon as they reached the port and were detained by police,” the statement said. The migrants included one girl aged under 18 and 14 adult men.Meanwhile in Ceuta, located about 400 kilometres (250 miles) to the west of Melilla, three African migrants crossed underneath the barbed wire fence separating the territory from Morocco through a pipe, a spokesman for the regional government said.Police on Sunday caught a 19-year-old from Mali hiding inside a suitcase that was being carried by a Moroccan man across the border into Melilla from the Moroccan border town of Beni Ansar.“The difficulties which the man had in carrying the suitcase raised the suspicions of the authorities,” police said in a statement.At least 14 migrants drowned in Moroccan waters on February 6 while trying to enter Ceuta by sea after several hundred tried to storm the land border.In that incident, Spanish security forces were accused by human rights groups and witnesses of firing rubber bullets at the immigrants, sparking a heated debate in Spain.In response Spain’s interior ministry said last week it had banned border guards from firing rubber bullets to stop migrants crossing the fence into its north African territories.More 200 migrants stormed across a triple-layer border fence into Melilla on Friday in what Spanish authorities said was one of the largest such crossings in years.last_img read more

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Coals slide to continue in US as renewables fill the gap

BILLINGS, Mont. — U.S. demand for coal to generate electricity will continue its slide in coming months despite efforts by the Trump administration to prop up the struggling industry, federal officials said Thursday.Renewable energy sources are expected to fill much of the gap left by coal’s decline, according to the Energy Information Administration.That’s particularly true for Western states, where wind, solar, hydropower and other renewables will provide almost a quarter of the power to households and businesses during the peak summer season, the agency said in projections released Thursday.Natural gas will remain the fuel of choice for power generation with an expected 40% share of U.S. markets this summer.Under President Donald Trump, officials have sought to ease coal plant regulations and mining restrictions. But after production briefly bumped up in the year after Trump took office, almost all coal mining states are now experiencing production declines.Wyoming, Kentucky and Texas have seen the biggest drops so far this year. Among the top 10 coal states, only Montana has seen a slight increase in the volume of coal mined in 2019.Coal’s share of power generation is projected to be 25% this summer. That’s down roughly half over the past decade and follows a wave of coal plant retirements by utilities seeking cheaper and cleaner-burning alternatives.Beyond the changes in the number and types of power plants are shorter-term price considerations, analyst Stacy Macintyre with the Energy Information Administration said. Utilities this summer will pay about 3 per cent more for coal and 12 per cent less for natural gas compared with last year, she said.Matthew Brown, The Associated Press read more

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Legal marijuana will only sip 1 out of221B Canadian booze sales study

MONTREAL — The recreational marijuana industry is expected to take a sip of less than one per cent initially out of annual Canadian alcohol sales once it becomes legal, a new analysis says.The Anderson Economic Group, a business consulting firm in New York, says legalization of marijuana would sap $160 million out of the country’s $22.1 billion booze sector, rising as use of the drug expands.While there are numerous unknowns governing the sale of marijuana, the Anderson Economic Group based its projections on alcohol sales in U.S. states that have legalized the drug. It also took into account a host of factors in Canada including spending patterns, income and demographics.The beer market, which is worth about $9.2 billion, is anticipated to take a $70 million hit from in the first year of marijuana legalization, the Anderson Economic Group says.[related_link /]“It won’t affect spending patterns necessarily the first year to the degree where individuals’ buying habits will change overnight,” said Peter Schwartz, an Anderson consultant and editor of its biannual Cannabis Market Report that will include the analysis in its summer issue.A Deloitte report has estimated that the Canadian market for marijuana could be worth up to around $22.6 billion a year, including about $4.9 billion to $8.7 billion from the sale of the substance, with the rest coming from the ancillary market including growers, testing labs and security.Analyst Vivien Azer of U.S.-based research firm Cowen and Company is anticipating the alcohol industry could be under substantial pressure over the next decade if young people continue to take a pass on drinking.In a report released last month, Azer said just under 82 per cent of 18- to 29-year-olds in Ontario consumed alcohol in 2015, down 5.5 percentage points since 2008, while marijuana use has been steady at around 34 to 36 per cent.“Our focus on these younger consumers reflects our belief that the experimenter of today is the leading consumer of tomorrow,” said the report by Azer who also covers Canopy Growth (TSX:WEED).The head of Molson Coors Canada, the country’s second-largest brewer, said there is conflicting data about what marijuana legalization will do to alcohol sales, but he is watching the issue closely.“I don’t think we can say we’re worried,” Frederic Landtmeters said in an interview. “We are conscious that this is something that will come up that may have an impact.”Luke Harford, president of Beer Canada, said he believes the country’s aging population and relatively high taxation are bigger threats to the industry than marijuana.We are conscious that this is something that will come up that may have an impact“We really see beer as being a product that has a long history in Canada and is part of social occasions and celebrations that just aren’t tied to what marijuana is tied to,” he said.As for taxes, Harford said he doesn’t want the government to give marijuana “a free ride.”“We want to make sure that we’re not in the market with one hand tied behind our back.”Spirits Canada president Jan Westcott said forecasts on the impact marijuana will have on the alcohol business are highly speculative at this point.“As you get down to such small numbers in the overall market you have to start wondering about the accuracy of any projections,” he said.“We’re all anxious to know the answer to that. The fact is nobody really knows.”The federal government is aiming to make the recreational use of marijuana legal on July 1, 2018. read more

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Watford release Dja Djedje

first_imgWatford Football Club have terminated the contract of Brice Dja Djedje after three years at the club.The Ivorian defender had his contract at Vicarage Road terminates after a poor spell at the club since he moved to England from France in 2015.Watford have officially announced that the club and former Lens defender Brice Dja Djedje have mutually terminated their contract.The Cote d’Ivoire international who completed a move to the Vicarage Road from Olympique Marseille in 2016 for €3.6m, made just two appearances in his unimpressive spell with the Hornets.Neymar, BrazilTop 5 Ligue 1 players to watch throughout next weekend Tomás Pavel Ibarra Meda – September 11, 2019 With the international activity cooling down for the next month, we go back to the Top 5 players to watch in Ligue 1 next…Dja Djedje who spent the entire 2017-18 season on loan at Lens returned to the club with a lot of optimism only to be informed he’s not a part of manager, Javi Gracia’s plans.“Watford confirm that following completion of the appropriate documentation today, it has been agreed to terminate the contract of defender Brice Dja Djedje by mutual consent,” the club announced on their website, as quoted by Goal.The 27-year-old will hope to settle in quickly with the Turkish elite division Ankaragucu when he gets to feature for them.last_img read more

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Washington megaprojects study including CRC could cost 475000

first_imgSEATTLE — The state of Washington could pay as much as $475,000 for an outside study of three Transportation Department megaprojects — the Highway 520 floating bridge on Lake Washington, the Highway 99 tunnel under downtown Seattle, and an Interstate 5 bridge across the Columbia River.The department hired consultant Ron Paananen in March after learning it would have to spend tens of millions of dollars to fix and redesign floating bridge pontoons because of cracking in the first batch produced at Grays Harbor, The Seattle Times reported on Monday.Paananen is a former Transportation Department project manager on the floating bridge and tunnel projects who now works for the engineering firm CH2M Hill. Because of his past association with the department, Transportation Secretary Lynn Peterson also hired the former director of the Utah Transportation Department, John Njord, of Tom Warne & Associates, for an outsider’s view.A work order released to The Seattle Times through a public records request shows that Paananen will be paid up to $325,000 and Njord up to $150,000.last_img read more

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Car destroyed in Deerfield Beach fire no injuries

first_imgDEERFIELD BEACH, FLA. (WSVN) – A car burst into flames in a Deerfield Beach roadway.Broward Sheriff Fire Rescue responded to the scene of the fire in the westbound lanes of Southwest 10th Street, just east of Military Trail, at around 2 p.m., Saturday.Crews found a black sedan with fire erupting from the engine, pouring thick, black smoke out of the hood.Firefighters were able to put out the flames using water and foam.The car was completely destroyed.No injuries were reported.The cause of the fire remains unknown, but officials said the driver explained to firefighters the vehicle recently had engine work done. Copyright 2019 Sunbeam Television Corp. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.last_img read more

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HTC shows off the Vive Cosmos VR headset

first_img Now playing: Watch this: Comment Share your voice VR games you need to start playing right away 1 HTC Vive See It VR games on CNET Preview • Here’s what it’s like to use the HTC Vive, the $799 VR headset that you can preorder today Mentioned Above HTC Vive CNET may get a commission from retail offers. 9 Photos $499 $689 Walmart 1:47 See it Review • HTC Vive review: Yes, this is the best VR experience, if you’ve got the space The Vive Cosmos has six cameras. HTC HTC has unveiled the look of its next Vive virtual reality headset, with the Cosmos to have a flip-up design, six cameras, detachable headphones, a faceplate and a vented front. Billed as a premium PC VR system, the Cosmos, first teased at CES 2019 in Las Vegas in January, will have “striking graphics [and] lifelike sound,” HTC said Friday. HTC Vive Pro Eye tracks your eyes with pinpoint accuracy,… Mobile Gadgets Gaming Accessories Gaming Virtual Reality Apps Up close with the HTC Vive Pro Tags The Cosmos will have a “pixel-packed” display that minimizes the screen-door effect of using VR systems, HTC said. The company also touted its new tracking system.”With wide and accurate tracking, gesture controls and a six-degrees-of-freedom (6DoF) headset and controller setup, Vive Cosmos promises a deeply engaging VR experience,” HTC HTC The system can be used straight out of the box with minimal setup and also features a more comfortable headset with soft, light and breathable material, HTC said. The company also unveiled new Vive controllers that it called gamer friendly, versatile and new Vive Cosmos controllers. HTC HTC said it’ll reveal the official specs next week.HTC’s Viveport Infinity unlimited subscription service launched April 2, with subscriptions costing $13 a month or $99 for an entire year. The service lets customers download more than 600 VR games and apps through the Viveport store. This morning we unveiled the HTC VIVE COSMOS, with 6 cameras, a flip up design, detachable headphones, faceplate & vented front. Next week, we’ll get into specs. Stay tuned. #HTCVIVE #HTCVIVECOSMOS— HTC VIVE (@htcvive) June 21, 2019 HTC had first looked to end the drought of VR content by launching the Viveport subscription service back in 2017, giving Vive headset owners up to five titles at a time for $9 a month. It then expanded the service in August 2018 to support rival Oculus Rift headsets. HTClast_img read more

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With time ticking little public progress on state budget

first_imgDespite a looming deadline, lawmakers made no public progress this week on reaching agreement on a state budget and a plan to balance the budget in future years.State Capitol building (Photo by Andrew Kitchenman/KTOO and Alaska Public Media)Listen nowAlaska Public Media’s Lori Townsend talked to AKPM and KTOO reporter Andrew Kitchenman about the stalemate.Lori Townsend: “What will it take to reach a compromise in Juneau?”Andrew Kitchenman: “If there was a clear answer to that question, then we could have seen a compromise months ago. Governor Bill Walker tried to make progress on Monday by putting out his own compromise proposal. He didn’t get very far. He took the Senate’s side on how to handle oil and gas taxes and the Permanent Fund, and the House’s side on this year’s state budget and the need for a broad-based tax. But no one embraced all of his package of proposals. Senate President Pete Kelly welcomed it, but he continued to express opposition to the elements that differ from the Senate majority’s positions. The mostly Democratic House majority was much stronger in rejecting it, although some members signaled a willingness to work with what Walker proposed.Kelly says he wants lawmakers to focus on the budget first. The Republican-led Senate majority may be willing to live with just passing the budget – putting off a decision on the Permanent Fund until later. House members don’t want to do that – but they only want to reduce PFDS if  the state also has higher oil taxes and/or a broad-based tax like an income tax. They say that’s fairer. Senators say everyone agrees on the need for Permanent Fund changes, but they differ on taxes and spending.House members have been hoping that the Senate would be swayed by public pressure over budget cuts. That hasn’t happened yet. There’s one thing that’s certain to put pressure on both chambers – the state government shutting down if they don’t pass a budget.Lori Townsend: “Has there been any progress this special session?”Andrew Kitchenman: “Well, the Legislature passed a bill aimed at reducing overdoses from opioids. That was only bill that didn’t have to do with the budget.There’s a conference that’s making slow progress on the budget. But it hasn’t taken on the biggest differences between the chambers – such as cuts to education and university funding, and how much to draw from Permanent Fund earnings.Lori Townsend: “Is there anything else happening?”Andrew Kitchenman: “Today (Friday, June 9) was the first meeting of the conference committee on a bill making changes to oil and gas taxes. The two chambers are still far apart. I talked with the committee leaders about where they stand. Anchorage Democratic Representative Geran Tarr says the House majority wants  to change the system so that oil and gas companies effectively pay more in taxes.”“We’ve said it’s unsustainable,” Tarr said. “We need to reduce the burden to the state treasury because it’s not affordable going forward and we hope to find a compromise on that.”While the Senate version of the bill eliminates the tax credits that are paid out to oil companies, Tarr says it allows them under a different name.Lori Townsend: “What do senators say about this?”Andrew Kitchenman: “Anchorage Republican Senator Cathy Giessel says what the Senate has proposed is significant. Companies would no longer be able to receive tax credits before they enter production.”“It will be applicable when you’ve reached production, versus simply handing out cash for performing certain activities,” Giessel said. “That’s a big change. The other big change, of course, is we’re no longer jeopardizing our treasury by handing out this cash.”Andrew Kitchenman: “Giessel says the Senate didn’t have time to assess the overall effect of the House’s overhaul to oil and gas taxes.”Anchorage Democratic Representative Les Gara notes the projected reduction in oil and gas taxes in the Senate bill as compared with the House bill is equal to the Senate’s proposed cuts to school and university spending over 10 years. Republicans reject the comparison, saying that encouraging oil production is necessary for the economy.Lori Townsend: “So what happens next?”Andrew Kitchenman: “Legislators have a week to work out their differences. If they don’t, then Walker will likely call another special session. Then there will be two more weeks to prevent a shutdown.”last_img read more

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Hailey Baldwin is frustrated by people trying to tear down her marriage

first_imgAround the same time, Selena Gomez’s former boyfriend posted a photo of the pair smiling and holding hands on Instagram, and wrote: “My wife is awesome” Justin Bieber and Hailey Baldwin have been married since September 2018InstagramHailey Baldwin has opened up about her marriage to Justin Bieber. The 22-year-old model revealed she does not understand why people want her and the Canadian singer’s relationship to fall apart so bad.During an interview with Cosmopolitan magazine, Hailey talked about the people who want to see them split. She said: “They just really want to see you fail, for whatever reason. I don’t know if it’s because they want to be able to say, ‘I told you so’ or because they want to be right, I don’t really know what the idea is behind trying to tear somebody’s relationship down, or person down, whatever it may be.””I guess it’s just kind of an evil world, at the core of it, and humanity is just struggling,” she added.Adding on, Hailey expressed her sadness over Justin’s young fans wanting their marriage to end. She shared: “The problem too is kids become possessive over people and feel like if they think they’re hurt, they feel hurt for them and they’re hurt too, or whatever it is. They just think they know these people who are famous because their life is so exposed.”She said: “What’s really weird to me is they create scenarios in their head of what they think is happening or what they think should happen, and I’m just like, ‘This is just so dumb. It’s so dumb.'”Justin and Hailey got married in September 2018 at a New York City courthouse, just two months after getting engaged. Fans of the celebrity pair got the confirmation that the couple have been married after the daughter of actor Stephen Baldwin changed her Instagram handle to Hailey Bieber.last_img read more

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IMDbPro App Adds Tracking Feature for Talent Projects

first_imgIMDbPro has added a feature to its iPhone app that allows users to keep tabs on the talent and projects they’re interested in most. The new Track functionality is intended to help industry professional stay abreast of the latest developments in their business, funneling relevant trade news from sources like Variety for the people and programs (TV and film) a subscriber can opt in to track. Users can receive notifications and a personalized news stream in the app’s inbox.“IMDbPro members are busy professionals and they need convenient, timely and cusotmizable access to news that matters the most,” said Col Needham, founder and CEO of IMDb. Among the 5 million titles being tracked are 25,000 titles still in development that are accessible on the app but not IMDb itself. Amazon, which owns IMDb, recently offered a 60% discount to IMDbPro members to Amazon Prime subscribers for a limited time only. ×Actors Reveal Their Favorite Disney PrincessesSeveral actors, like Daisy Ridley, Awkwafina, Jeff Goldblum and Gina Rodriguez, reveal their favorite Disney princesses. Rapunzel, Mulan, Ariel,Tiana, Sleeping Beauty and Jasmine all got some love from the Disney stars.More VideosVolume 0%Press shift question mark to access a list of keyboard shortcutsKeyboard Shortcutsplay/pauseincrease volumedecrease volumeseek forwardsseek backwardstoggle captionstoggle fullscreenmute/unmuteseek to %SPACE↑↓→←cfm0-9Next UpJennifer Lopez Shares How She Became a Mogul04:350.5x1x1.25×1.5x2xLive00:0002:1502:15 Popular on Variety center_img “Track is another step in making the IMDbPro app an essential professional tool for the entertainment industry,” said Matt Kumin, Head of IMDbPro. IMDbPro launched its iPhone app last December, and has been steadily upgrading the service. The service recently enabled members to more effectively manage their profiles online, including customizing images and credits. last_img read more

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Geek deals Get unlimited VOIP calls at Vonage plus a bonus 100

first_imgSick of paying exorbitant prices for your lackluster telephone service? Now’s the time to drop your old landline, and switch to Vonage for just $9.99 per month for your first year. You get to keep your phone, keep your number, and it works with your existing cable or fiber internet connection — easy as pie. And for a limited time, Vonage is throwing in a $100 Amazon gift card, so you can save even more money.Unlimited VOIP calls to USA, CA, PR, and MX for $9.99/month for the first year with a $100 Amazon gift card (Regular monthly price: $24.99/month) This package offers unlimited calls to the US, Canada, Puerto Rico, and Mexico with no additional cost, and the per-minute rate to call other countries is extremely low. Calling London? That’ll only cost you two cents per minute to mobiles. Want to talk to your friends in Sydney? That’s only four cents per minute to cell phones. And when you’re calling landlines instead, the rates are even lower in those locations.Of course, Vonage offers much more than your typical phone service. Away on vacation? You can easily make and receive calls from your home number by using the Vonage Extensions smartphone app. Need your calls forwarded to your work number during the day? You can quickly toggle enhanced call forwarding on or off as you see fit.Typically, the monthly cost for this package is $24.99, but Vonage is currently discounting the monthly rate to just $9.99 (plus any applicable taxes and fees) for the first year when you sign a one-year service contract. Not only will you be saving money on your monthly bill, but this deal also waives the fees for the phone adapter, activation, and shipping. Add in the $100 Amazon gift card, and this deal is just too good to pass up. Just keep in mind that this deal expires soon. If it strikes your fancy, you’ll need to act fast.Note: Unlimited calling subject to a reasonable use policy. Keep your number where available (use the tools on to check your number). Vonage Extensions app works on iPhone and Android over 3G/4G (data rates may apply) and WiFi. See Vonage’s website for full terms and limitations.Our commerce group sources the best deals and products for the Geek Deals posts. We operate independently of Editorial and Advertising and may earn a percentage of the sale, if you buy something via a link on the post. If you are interested in promoting your deals, please contact us at more great deals head over to TechBargains.last_img read more

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Delhi to romance Romeo and Juliet

first_imgThe show is to be presented as homage to the pioneer of Opera in India, Francis Wacziarg. Charles Gounod who composed the music of the Opera had long been interested in turning the Shakespeare play into an opera. His librettists Jules Barbier and Michel Carré purposefully chose to adhere closely to Shakespeare’s play as seen in the choral prologue which contains the words of the dialogue from the play.The opera is in five acts: The Capulets’ Ball, The Garden of Juliet, the Cell of Friar Laurence and a Street near the Capulet’s Palace, Juliet’s Room at Dawn, and Juliet’s Tomb. The cast includes Indian singers Amar Muchhala (tenor) from London as Romeo, Aude Priya (soprano) who has been a part of many other productions by TNMF, as Juliet, Vikrant Subramanian (baritone) as Mercutio, Sparsh Bajpai (soprano) as Stefano, Toshanbor Singh Nonbet (tenor) as Benvolio, Prabhat Chandola (tenor) as Tybalt, Madhav Raina Thapan (baritone) as Paris, Clifford Afonso (baritone) as Gregorio,  Ramya Roy (Mezzo Soprano) as Getrude, and visiting singers from France Paul Medioni (Bass) as Friar Laurent and Bernard Ohanian(baritone) as count Capulet.  A symphonic instrumental concert on the theme of ‘Destiny’ is also being presented on 20th March at 7.00 pm at Kamani Auditorium with the Orchestra of the Romeo & Juliet opera, joined by Indian musicians.WHEN: 18, 19, 21 MarchWHERE: Kamani Auditoriumlast_img read more

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Google shuts down Google URL Shortener googl

first_imgGoogle shuts down Google URL Shortener by Martin Brinkmann on April 01, 2018 in Google – 12 commentsGoogle announced plans on Friday to shut down the company’s URL shortening service starting April 13, 2018.Google won’t change or disable existing links; all existing links will continue to redirect to the link target.Google launched back in 2009 when URL shortening services such as TinyURL or were all the rage thanks to the rise of Twitter, messaging applications and services that limited the characters that users could type and to improve the sharing of links.Google entered the niche late and we asked back in 2010 whether anyone needed the Google URL Shortener as it did not really offer anything that popular services did not offer already.Google launched in 2011, another URL shortening service that it uses for internal links exclusively. In other words; only Google could use to shorten URLs.Google’s URL shortening service worked similarly to others; users could paste any URL into a form on the Google URL Shortener website to turn it into a shorter URL that was easier to share or publish.While this was beneficial for the purpose, shortening services introduced issues of their own. Spammers started to use the services to obfuscate the target URL and pass spam detection tools and services at the same time.Extensions and services started to appear to reveal the actual link target of shortened URLs. To name a few: URL X-Ray or Unshorten Link.Google’s solution required a Google account and included public click analytics. All you had to do was to append .info to any link to display click statistics for any link.Reason for the shutdown of goo.glGoogle revealed why it made the decision to shut down the Google URL Shortener service:To refocus our efforts, we’re turning down support for over the coming weeks and replacing it with Firebase Dynamic Links (FDL). FDLs are smart URLs that allow you to send existing and potential users to any location within an iOS, Android or web app.Google wants developers to use the Firebase console and API instead. Information about the Firebase Console is available on this web page.TimelineApril 13, 2018: Any user who never created a short link before using and anonymous users won’t be able to create links anymore.March 30, 2019: Creation of new links for existing users, services and applications. Link continue to redirect properly. console is shut down for good.Now You: are you affected by the shutdown?SummaryArticle NameGoogle shuts down Google URL Shortener goo.glDescriptionGoogle announced plans on Friday to shut down the company’s URL shortening service starting April 13, 2018.Author Martin BrinkmannPublisher Ghacks Technology NewsLogo Advertisementlast_img read more

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R103 closed due to protest

first_imgThe R103 between Estcourt and Mooi River, as well as the road between Estcourt and Weenen, has been closed by protest action.RTI and police are on scene, making sure the protest does not get out of hand.We will update this story once we have more information. WebsiteWebsiteWebsite WebsiteWebsiteWebsite WebsiteWebsiteWebsite DID YOU KNOW?Click on the words highlighted in red to read more on this and related topics.If you are reading this on your cellphone and there are telephone numbers provided in the text, you can call these simply by clicking on them.To receive news links via WhatsApp.For the latest news, visit our webpage or follow us on Facebook and Twitter. Join us there!last_img read more

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TTF Tourism strengthens Australian economy

first_imgTourism continues to bolster Australia’s economy and with the right support can deliver even greater benefits in the future, according to the Tourism & Transport Forum (TTF).The Australian Bureau of Statistics’ overseas arrivals and departures figures for the month of May revealed international arrivals increased 4.9 percent year-on-year.China proved to be the most robust country in terms of arrivals, with 29.3 percent growth month-on-month compared to 2012.Singapore, Taiwan, Hong Kong and Malaysia rounded out the top five international performers.“These May figures reveal double-digit growth out of a number of our key emerging markets in Asia,” TTF chief executive Ken Morrison.TTF’s National Tourism Business Count & Employment Atlas revealed that Australia’s tourism industry employs twice as many people as the mining sector.“Tourism will continue to provide jobs and business opportunities for Australia as the economy transitions from its dependence on resources,” Mr Morrison said.“The industry is looking for government support to grow travel demand, boost investment, enhance the visitor experience, improve competiveness and expand the tourism the workforce.”Source = ETB News: P.T. May figures reveal Asia isdominating international arrivals.last_img read more

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Payment Shock Looms with 25M HELOCs Poised to Reset

first_img Share in Daily Dose, Data, Featured, Headlines, News, Origination Payment Shock Looms with 2.5M HELOCs Poised to Reset Payment shock among holders of home equity lines of credit (HELOCs) is a growing concern as 2.5 million HELOCs are scheduled to reset over the next three years, according to the latest Mortgage Monitor Report from Black Knight Financial Services.In fact, the average HELOC holder faces a monthly payment increase of $250 sometime in the next three years as he or she reaches the end-of-draw period and has to begin making principal and interest payments on his or her HELOC loan, according to Black Knight Financial Services’ data.Furthermore, the analysts at Black Knight Financial Services point out, the average HELOC borrower is currently using a little less than 60 percent of his or her available credit, leaving open the possibility of borrowing more before his or her HELOC resets.”Further draws on these lines—for those that have not been locked—could result in ‘payment shock’ after they are reset that is even higher than the national average of $250 per month,” said Kostya Gradushy, manager of research and analytics at Black Knight Financial Services.Looking ahead, things don’t get much better, according to Black Knight Financial Services. Beyond the next three years, Black Knight Financial Services predicts still-high payment increases as the next phase of HELOCs resets. Borrowers with HELOCs scheduled to reset in 2019 are using an average of about 40 percent of their available credit and will incur payment increases of about $200 per month based on their current rates.”Should their drawing pattern match that of older vintages, we could be looking at a significantly higher risk of ‘payment shock’ for this segment,” Gradushy said.TransUnion expressed similar concerns recently, stating default risk for about $79 billion in HELOCs may grow over the next few years. Those with equity in their homes will be best able to absorb any “payment shock,” according to TransUnion, as they may have the options to refinance their loans or sell their homes.Meanwhile, borrowers are flocking to HELOCs with increasing magnitude. Originations of HELOCs are up 18 percent over the year at the national level and as much as 74 percent in one state.Nevada, Michigan, Rhode Island, and Florida charted the greatest increases in HELOC loan originations—at least 50 percent in each state—while a few states have demonstrated sizable declines in HELOC originations. Mississippi, Nebraska, Wyoming, Iowa, and North Dakota have all experienced declines of at least 27 percent this year, according to the Mortgage Monitor.Overall, mortgage loan originations for the month of June totaled 466,000, down 3.6 percent over the month and 40 percent over the year.Refinances made up 32 percent of originations in July, according to the Mortgage Monitor.center_img September 2, 2014 562 Views Black Knight Financial Services HELOCs Home Equity 2014-09-02 Krista Franks Brocklast_img read more

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Nevada officials reach out to Dbacks on potential

first_img Nevada officials reach out to D-backs on potential relocation Top Stories D-backs president Derrick Hall: Franchise ‘still focused on Arizona’ Comments   Share   Kevin Kolb dropped back to pass, saw the pressure and took off running.Fifteen yards later, the new Cards QB had the team’s first first down of the preseason. Kolb ran again three plays later, showing an aspect of his game many didn’t realize he had.“I ran the ball quite a bit in college,” Kolb said Monday. “It’s not the best part of my game but I think I can get around and move if I have to.”center_img The Cardinals, certainly, are hoping that doesn’t happen often, even though their QB did rush for 19 touchdowns back in his collegiate days.That Kolb ran with success was a good thing, but that he had to abandon looking downfield and avoid the rush most certainly was not.Then again, as head coach Ken Whisenhunt said, it’s the type of skill that could come in handy.“I don’t think you necessarily count on his ability to be able to run,” he said, “but it’s certainly a bonus when things break down.”In any event, nobody is going to confuse Kolb for the man who replaced him in Philadelphia anytime soon.So, aside from the occasional QB sneak, it appears you will not be seeing Kolb off and running — unless he absolutely has to.“If you’re asking me if we’re going to have about four or five designed quarterback runs in a game, probably not,” Whisenhunt’s Craig Grialou contributed to this report What an MLB source said about the D-backs’ trade haul for Greinke Cardinals expect improving Murphy to contribute right awaylast_img read more

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September fuel sales up 38 pct

first_imgBy Marie KambasOVERALLS sales of petroleum products rose 3.8 per cent in September compared to the month before to 112,786 tonnes mainly on higher sales of low sulphur diesel used primarily for commercial activities, the statistical service said.Sales of low sulphur diesel rose 16 per cent to 22,571 tonnes compared to August, Cystat said in a statement on its website. Sales of unleaded petrol 95 rose 3.4 per cent to 29,439 tonnes.In September, the volume of aviation kerosene sold fell 14 per cent to 31,325 tonnes compared to August, one of the peak months in terms of tourist arrivals.Sales of heavy fuel oil, primarily to the shipping industry, rose 10 per cent in September to 14,794 tonnes, while diesel for marine use fell 12 per cent to 4,246 tonnes compared to August, according to Cystat.In January to September, overall sales of petroleum products were 14 per cent above those in the respective period last year, according to Cystat.Overall direct imports of heavy fuel oil by the state-owned power producer Electricity Authority of Cyprus rose 25 per cent to 555,701 tonnes while those of diesel fell 51 per cent to 105,049 in the first eight months of the year compared to a year before, Cystat said.You May LikeLivestlyChip And Joanna’s $18M Mansion Is Perfect, But It’s The Backyard Everyone Is Talking AboutLivestlyUndoPopularEverythingColorado Mom Adopted Two Children, Months Later She Learned Who They Really ArePopularEverythingUndoKelley Blue BookYou Won’t Believe How Affordable These Ford Car Models AreKelley Blue BookUndo Pensioner dies after crash on Paphos-Polis roadUndoCruise passenger airlifted to Paphos hospitalUndoRemand for pair in alleged property fraud (Updated)Undoby Taboolaby Taboolalast_img read more

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