Akhilesh Yadav meets Mayawati after Priyanka meets Bhim Army chief

first_imgLucknow: The chiefs of Uttar Pradesh alliance partners SP and BSP met here on Wednesday hours after Congress leader Priyanka Gandhi paid a surprise visit to Bhim Army chief Chandrashekhar Azad at a Meerut hospital.SP president Akhilesh Yadav met BSP chief Mayawati after newly appointed Congress general secretaries Priyanka Gandhi and Jyotiraditya Scindia met Azad. When contacted, Samajwadi Party spokesperson Rajendra Chaudhary said the two leaders met to discuss joint public meetings and rallies, being planned for the Lok Sabha polls. Meetings are being held constantly as the election is round the corner and the poll campaign has to be launched full scale after Holi next week, he said. The alliance has left two seats for the Congress in the state and will honestly support it on them, said Chaudhary. Meanwhile, a senior SP leader, who did not wish to be named, claimed Priyanka Gandhi’s visit to the Bhim Army chief was in reaction to the BSP president ruling out any alliance with the Congress. “But Mayawati is not someone who will yield to any kind of pressure. This alliance will not come under pressure. It has already given two seats to the Congress,” he added. Mayawati had Tuesday snubbed the Congress by slamming doors on it for any electoral alliance for the Lok Sabha polls anywhere in the country.last_img read more

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Pragya Thakurs comment on Karkare her personal view Karkare a martyr BJP

first_imgNew Delhi: The BJP Friday distanced itself from Sadhvi Pragya Singh Thakur’s controversial comment that IPS officer Hemant Karkare died in 26/11 Mumbai terror attacks as she had cursed him, saying it was her personal view which she might have made “due to years of physical and mental torture”. “The BJP believes that Karkare died while bravely fighting terrorists. The BJP has always considered him a martyr, ” the party said in a damage-control exercise. Also Read – India gets first tranche of Swiss bank a/c details The party, which has fielded Malegaon blast accused Thakur from Bhopal in the Lok Sabha election, claimed she had suffered “physical and mental torture” for years in police custody that might have caused her to make such a statement. The comment is her “personal view”, it added. Karkare, who headed the Mumbai anti-terror squad, had died in the Mumbai terror attacks in 2008. Addressing BJP workers in Bhopal, Thakur claimed Karkare died as she “cursed” him for “torturing” her in custody.last_img read more

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Ronaldinho tips Pogba for Ballon dOr

first_imgBrazil legend Ronaldinho has tipped his “friend” Paul Pogba to win the Ballon d’Or, as long as he listens to Jose MourinhoOver the past decade the award has been exclusively won by either Cristiano Ronaldo or Lionel Messi with the last winner being Ronaldinho’s compatriot Kaka in 2007.But the former Barcelona star, who won the award himself in 2006, believes that Pogba has the potential to end Ronaldo and Messi’s dominance.“He can win the Ballon d’Or, without a doubt,” said Ronaldinho, according to Goal.“I see Pogba as a friend, I don’t see myself as his idol.“He is young, talented and he has the ability to play anywhere, he can play in a free role, defensive, as a runner or attacking.harry maguire, manchester UnitedMaguire says United need to build on today’s win George Patchias – September 14, 2019 Harry Maguire wants his United teammates to build on the victory over Leicester City.During the summer, Harry Maguire was referred to as the ultimate…“He has the characteristics of a player who can fill any position, he can make history.”Recently Pogba has struggled under Mourinho at Manchester United and has been dropped to the bench in recent matches due to his continued inconsistent displays at Old Trafford.But Ronaldinho, who himself had a spell on the bench at former club Paris Saint-Germain, believes that his friend must respect his coach and is certain that Mourinho can extract the potential within Pogba.“He knows the substitutes’ bench, like me at Paris Saint-Germain with [former coach Luis] Fernandez. It is not the same, when Mourinho tells you that you’re on the bench you have to respect that, the other guy, a little less,” said the 38 year-old.“I think Paul really has a lot to learn from Mourinho, who is one of the best coaches in the world. A coach who has won so many titles should be respected. In my case, it was the opposite.”The former midfielder refused to speculate on Pogba’s future. : “He is already in a big club and he has everything needed to make history, whether it is this club or another he has to be where he feels happiest.”last_img 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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Salmon Forum Highlights Habitat Protection

first_imgCook Inletkeeper recently recognized the Kenai Peninsula Borough for the passage of the 50-foot setback rule. Berkhahn: “I don’t know how we can actually stop these big projects, and we can’t. But we are moving forward in the right direction.” Another question put before the panel was in regards to the KPB’s 50-foot setback on property near the river bank. Each noted the importance bank habitat provides to a healthy stream. Facebook0TwitterEmailPrintFriendly分享Over 50 people attended a salmon conservation forum last Thursday, at the Soldotna Public Library, hosted by Cook Inletkeeper. The forum, held a four-person panel: Marcus Mueller, land manager at the Kenai Peninsula Borough; Sue Mauger, science director at Cook Inletkeeper; Patti Berkhahn, who worked for Alaska Department of Fish and Game; and Branden Bornemann, executive director at the Kenai Watershed Forum. The panel answered questions about science, policy, and citizenship and how they intersect in the realm of salmon conservation. When asked about the upcoming Stand for Salmon ballot initiative that will be on the November ballot, each member of the panel said it would “be a great thing.”last_img read more

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ShabeBarat 21 April

first_img.Holy Shab-e-Barat, the night of fortune and forgiveness, will be observed in the country on 21 April as the Shaban moon was not sighted in Bangladesh sky on Saturday, reports UNB.The decision was taken at a meeting of the National Moon Sighting Committee held at the Islamic Foundation’s Baitul Mukarram office in the evening with state minister for religious affairs Sheikh Mohammad Abdullah in the chair.Shab-e-Barat is observed on the fifteenth night of Shaban month.According to Muslim belief, Shab-e-Barat is the night when Allah arranges the affairs of the following year. On Shab-e-Barat, Allah writes the destinies of all the creations for the coming year by taking into account their past deeds.Muslim devotees will offer special prayers, recite from the Holy Quran, hold milad, zikr and other religious rituals seeking divine blessings for the wellbeing of mankind.last_img read more

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SEEING DOUBLE

first_imgNorth American river otters. (Stock photo)BALTIMORE, MD – The Maryland Zoo is excited to welcome Hudson, a one-year-old North American river otter (Lontra canadensis), to the Otter Stream habitat in the Maryland Wilderness section of the Zoo.  Hudson came to the Zoo from the Oregon Zoo in Portland, Oregon.“Hudson was somehow orphaned as an infant,” noted Mike McClure, general curator at The Maryland Zoo. “He was found in June of 2015 walking alone along Highway 58 SE in Eugene, Oregon, which runs along the Middle Fork Willamette River.”  He was taken to the Chintimini Wildlife Center for treatment and care until he was moved to the Oregon Zoo in Portland.  “The staff at the Oregon Zoo estimated him to be 2 ½ to 3- months-old at that time,” continued McClure. “He was hand-reared for a few months before he was introduced to the other otters at the zoo, and he came to us in March of this year.”  After a mandatory 30-day quarantine period, staff began to slowly introduce Hudson to Piper, the young female otter who arrived earlier this year.North American river otters can thrive in many types of water habitats including ponds, marshes, lakes and rivers as long as there is adequate food to catch.  Otters typically eat crawfish, crabs, frogs, bird eggs, and fish. River otters create dens along the waters’ edge in empty burrows and logs or abandoned beaver lodges.  In Maryland, river otters live in tidewater areas across the state.Otters are graceful swimmers with short legs, muscular and streamlined bodies, small heads, powerful tails and are very agile and acrobatic. “Piper enjoys chasing Hudson and they are really interesting to watch together,” continued McClure. “They are both exploring every aspect of the stream habitat and seem to especially like popping out of the hollow tree trunk near the first viewing window to surprise guests.”According to staff, Hudson has a broader face and more brown on his chin. Piper has a thinner, sleeker face with some grey coloration around the chin. “Piper also tends to be more active and a bit hyper, while Hudson is more relaxed in temperament,” said McClure. “But, all otters get excited if the mood hits them.”Hudson and Piper will be seen in the river stream habitat together while Mary, the Zoo’s older female river otter, will altermate with them. “Mary prefers to be on her own in the habitat, away from the antics of the younger otters,” said McClure. “So for now the young otters will be on exhibit in the mornings and Mary will take their place in the afternoons.”          About The Maryland Zoo in BaltimoreFounded in 1876, The Maryland Zoo in Baltimore is the third oldest zoo in the United States and is internationally known for its contributions in conservation and research. More than 1,500 animals are represented in the Zoo’s varied natural habitat exhibits in areas including Penguin Coast, Polar Bear Watch, the Maryland Wilderness, African Journey and the award-winning Children’s Zoo. Situated in Druid Hill Park near downtown Baltimore, the Zoo is accredited by the Association of Zoos & Aquariums. For more information, visit www.marylandzoo.org.last_img read more

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Six shades of art

first_imgSometimes visual inferences play a major role in defining idea or space. Context and the content are sparingly important resources to generate the identity for a certain instance or order. The Power of six is a show of six contemporary artists  picked to give importance to  few tiny instances that deliberately enables us to grin a bit.The title is formed to take the metaphor of the object and forecast the idea of binding eight contemporary artists under same arena. Cuarto Shekhar Jamb says that “The world is huge and this show supplements a conceptual space of the six to stand under single shade”. Also Read – ‘Playing Jojo was emotionally exhausting’The show will bring forward the recent collections of six contemporary artists, such as, Binoy Verghese, Chandra Bhattacharya, Farhad Hussain, George Martin PJ, Jagdish Chinthala, Tejinder Kanda. They all have set a mile stone in their creative venture and their canvases speak the true form of color and their inheritances as well. Moreover the exhibition will carry a tactile quality through the colorful sculptures. And to article them under a colourful shade this show is conceptualized. A sense of tactile quality will be graced by the sculptures of Jagdish Chinthala. Also Read – Leslie doing new comedy special with NetflixIn terms of structure and thought process this exhibition is planned to put forward the best and fresh collection of the said artists and to create a montage of artistic diversities.  Panorama of colour will hold the shades of five painters and one sculptor with distinct features and styles. The idea of integrating all the said artists will not only create a new experiment but also will provide the beholder to perceive something fresh and new.Where: Creativity Art Gallery, Hauz Khas Village When: On till 5 Februarylast_img read more

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Pakistans NADRA sacks 40 officials on graft charges

first_imgAt least 40 senior officials of Pakistan’s premier agency responsible for managing database of citizens have been sacked on graft charges.National Database and Registration Authority (NADRA) has sacked a Director General, GM projects, DGM operations, Intelligence Officer and various managers yesterday after an internal probe showed some of the top ranking officers guilty of corruption and other crimes.The sacked employees were working in different NADRA offices in Karachi and were allegedly involved in issuance of fake Computerized National Identity Cards besides various other crimes, Geo Tv reported.Also, four Director Generals were demoted to lower positions for misusing their authority.NADRA is responsible for automated record of Pakistani nationals and issuing national identity cards, passports and other documents.last_img read more

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Teacher beats up 5yrold in Joka school

first_imgKolkata: A five-year-old student of a primary school in Joka was allegedly beaten up by a teacher after she was found sitting in the classroom of her elder sister who studies in class I in the same school. The victim’s family members have lodged a complaint against the teacher at Haridevpur police station.According to the complaint, the victim, who studies in KG of Kolua Aboitonik Prathamik Vidyalaya in Joka, had gone to the classroom of her elder sister and sat beside her when tiffin break was going on. Also Read – Rain batters Kolkata, cripples normal lifeWhen Lipika Bhaduri Das, the accused teacher saw the little girl, she enquired why she had come to a class in which she does not belong. Before the girl could say anything, the teacher started beating her up with a tin ruler.She suffered injuries on her hand, feet and back and black spots were found on her body even on Tuesday.The victim’s father Vicky Ghorai who is a driver, was in Siliguri on Friday when the incident occurred. When he returned on Monday afternoon and heard the matter, he spoke with the headmistress of the school and lodged a police complaint. Also Read – Speeding Jaguar crashes into Mercedes car in Kolkata, 2 pedestrians killedGhorai claimed that the headmistress had herself told KG students that if anybody’s guardian comes late to school after classes get over, she may go and wait in the class of her elder brother or sister if the latter studies in the same school.He further said that the teacher had earlier beaten up a physically challenged student of the same school. However, the accused teacher, who did not turn up at the school on Tuesday, denied the allegations.”I was not in school when the incident happened. I have heard the matter and will surely look into it,” headmistress Aparna Bose said.last_img read more

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Body of policeman found hanging at hospital

first_imgKolkata: Mystery shrouds the death of a policeman whose body was found hanging from the ceiling of a washroom at a private hospital in Durgapur.The victim has been identified as Nirmal Kumar Das (24), who was posted at Bidhannagar. Das, who was originally a resident of Chopra in North Dinajpur, was admitted to hospital on Monday after he was suffering from fever. Some patients who were undergoing treatment at the same hospital on early Wednesday morning found the victim hanging with a piece of cloth from the ceiling of a washroom. Also Read – Rain batters Kolkata, cripples normal lifeThey drew attention of the hospital authorities. Tension broke out among patients. The matter was immediately reported to the police. After being informed the police reached the spot and recovered the body and sent it for an autopsy at Durgapur Sub-divisional hospital. Police have collected the piece of cloth for the sake of investigation. According to the preliminary investigation, police suspect the victim might have committed suicide. The reason behind his committing suicide is yet to be confirmed by the investigating officers. They have started a probe to ascertain the exact cause of Also Read – Speeding Jaguar crashes into Mercedes car in Kolkata, 2 pedestrians killedthe incident. The hospital authorities have told police there was nothing unusual in his behavior after he was admitted to the hospital with some ailments. Cops are investigating if the victim had been suffering from any mental depression. The family members of the victim will also be interrogated in this connection. They are also investigating if there was any foul play behind the death of Das. The sleuths are waiting for the autopsy report which might throw some light on his death.last_img read more

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Man suspected to be childlifter assaulted

first_imgKolkata: A mentally-challenged youth was allegedly thrashed by some local residents at Dalimtala Lane in Burtolla on Sunday night.Later, police rescued the youth and provided medical treatment to him. According to a source, local residents saw a youth roaming aimlessly in their locality and after a while he was seen talking to a child. The man was detained and questioned by the people as they thought he could be a child-lifter. The man reportedly told them that he had come there to attend a marriage ceremony. Local residents immediately took him to a ceremonial house where a marriage reception was taking place. Also Read – Bose & Gandhi: More similar than apart, says Sugata BoseBut no one there could identify the youth. Suspecting him to be a criminal, they started thrashing him despite his repeated appeals for mercy. Meanwhile, some of the local residents informed police about the incident. Police rushed to Dalimtala Lane and rescued the youth. He was immediately taken to the R G Kar Medical College and Hospital for his treatment. Later, the police came to know that the youth had said the truth and he had come to Burtolla to attend a marriage ceremony at Sahitya Parishad Street, which is a bit far from the incident spot. Also Read – Rs 13,000 crore investment to provide 2 lakh jobs: MamataAfter a round of questioning, the police came to know about his family members and got in touch with them. Later, the youth was handed over to his family. Though the youth suffered minor injuries, police have registered a case against the local residents under Sections 341 of IPC (punishment for wrongful restraint), 323 IPC (punishment for voluntarily causing hurt) and 34 IPC (acts done by several persons in furtherance of common intention). However, no one could be arrested till Monday night. Recently, many cases of attack have been reportedly in the city over rumours about child-lifters.last_img read more

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Ukrainebased Divantv has launched an internation

first_imgUkraine-based Divan.tv has launched an international OTT service targeting Russian and Ukrainian-speakers.The combined live TV and subscription video-on-demand service will target the estimated 300 million Russian and Ukrainian speakers worldwide with an offering of 60 live channels and VoD for US$9.99 (€7.36) a month.Divan.tv will be available on LG, Samsung, Philips, Sony and Panasonic smart TV portals as well as the Roku media player and Android and iOS tablets.Divan.tv said it would spend “millions of dollars” on developing the global service, with a target of breaking even in two and a half years. The company will now split its head office functions between California and Moscow, leaving only research and development and back-office functions in Ukraine.“We are happy to introduce TV Everywhere concept (Smart TV, STB, tablets, laptop) for all our audience worldwide. We plan to serve up 2 million customers in upcoming three to four years,” said founder of Divan.tv and managing partner of AVentures Capital Andrey Kolodyuk.Divan.tv launched in Ukraine in 2009 and says it has attracted about 125,000 users with a mix of freemium and subscription services. The service has previously signed deals with a number of international content providers including Scripps Networks, and recently expanded its reach by signing deals with a number of local ISPs as well as launching iPad and Android tablet apps.last_img read more

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Michelle Phan Endemol Beyond Germany and Viacom In

first_imgMichelle PhanEndemol Beyond Germany and Viacom International Media Networks Northern Europe have partnered to launch a local version of multiplatform lifestyle channel Icon.The pair and brand partner ASOS has created FLiP, which is a local language version of Icon, which premiered in the UK and US in March 2015 and is now being adapted in 16 more markets.Furthermore, a TV spin-off will air in Germany on Fridays at 10.25pm from tonight on Nicknight.Digital star Michelle Phan leads Endemol Beyond-owned Icon on the creative front. The German network will offer content from up-and-coming digital influencers such as Mel (AMissMelle / Vanellimelli), Melissa (BreedingUnicorns) and Hatice (Hatice Schmidt)/Endemol Beyond’s global managing director, George Ramme, is based in Germany. His digital group is part of Endemol Shine Group.“The launch of FLiP marks the next step in the growth of Endemol Beyond as we bring one of our digital formats to television for the first time,” said Ramme.“Viacom International Media Networks Northern Europe pursues with its brands a multi-platform approach to offer the audience and users targetgroup focused, interesting and exciting entertainment via linear and non-linear channels at all relevant platforms and devices,” said VIMN’s VP of digital, north, Mathias Blüm. “With FLiP we create the perfect combination of linear and non-linear with a clear focus on ‘digital first’.”last_img read more

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Deficit to GDP Debt to GDP

first_imgDeficit to GDPDebt to GDP Greece28.91% Italy$107,000$552,000 -8.5% -4.2% Dear Reader,Chris Wood here, filling in for David Galland. Today’s issue is full of good stuff. Robert Ross will kick it off with an interesting look at the future and economic implications of asteroid mining. Then Adam Crawford will delve into the troubling economic situation in France. And, of course, we’ll end it all with some Friday Funnies. Let’s get started. Space Prospecting: Planetary Resources and the Future of Asteroid MiningBy Robert Ross, Junior AnalystAlthough it may sound like it was ripped from the pages of an Isaac Asimov novel, asteroid mining could be a huge step forward for mankind. The concept has been around for over a century, with Russian scientist Konstantin Tsiolkovsky first postulating the idea in 1903. At the moment, the trek into the great asteroid-laden unknown is being led by one company – Planetary Resources.One thing Mr. Tsiolkovsky didn’t have was connections, something that Planetary Resources has in droves. With a lineup of investors and board members that includes various Google executives – including founder and CEO Larry Page and former CEO Eric Schmidt – acclaimed film director James Cameron, former Microsoft executive Charles Simonyi, and Ross Perot Jr., son of former presidential candidate Ross Perot. Seed funding shouldn’t be an issue.Nor did Tsiolkovsky have the vision. Planetary Resources has a three-step plan, with an aim to mine asteroids for water and precious metals. More specifically, the company intends to create a swarm of robotic spacecraft that can use artificial intelligence to coordinate complex mining operations without a human presence.The whole thing may seem like a bunch of eccentric billionaires getting together to throw hoards of money at a project with little possibility of success. But it’s not. According to the company’s president and chief engineer Chris Lewicki, Planetary Resources is already cash-flow positive:“When we started the company, one of the first things we did was to identify the roadmap that would get us from now until we got to the asteroids. That way, we could identify who would be interested in the things we’d be developing along the way. We already have contracts with NASA, some private companies, and even a few private individuals.”That roadmap starts with the Arkyd series 100, also known as the Leo Space Telescope. By designing and selling this “low-cost” telescope, the company believes it will be able to gain the necessary experience to develop more complex models, while generating cold, hard cash in the meantime.Artist conception of an Arkyd 100-series space telescope. (Credit: Planetary Resources)The Leo Space Telescope is designed to track and analyze the size and orbital patterns of near-Earth asteroids. But, in order to generate cash in the short term, the company plans to point some of the telescopes down at Earth. The satellites will gather vast amounts of data which can then be sold to universities, businesses, and governments. Planetary Resources claims the Leo Space Telescope will be sold on private markets at a price “in the single-digit millions,” making the Leo the first private space telescope on the market.The company plans to build on what it learns during the development and launch of the Leo Telescope to get to the next phase, the Arkyd Series 200 – Interceptor. The new fleet of satellites will have added propulsion capabilities, which will be used to hitch a ride on asteroids crossing through Earth’s neighborhood.According to Planetary Resources, two or more Interceptors can work in tandem to identify, track, and “fly by” near-Earth asteroids, capturing high-resolution data in the process.The new technology will also create an opportunity for the company to update our deep-space communication network. According to Lewicki, who has experience working on the Mars rover projects, the deep-space communication network currently in use is 50 years old and is based on primitive, Earth-based antennae. To improve upon this, the company seeks to develop small, low-power optical communications technologies to couple with the Interceptor, which would offer better communications than the limited bandwidth available on NASA’s network.The third phase of the project will expand upon the Interceptor design. By augmenting it with deep space laser communication capability, the Arkyd Series 300 – Rendezvous Prospector will allow the characterization of an asteroid’s value prior to mining operations, collecting data on the asteroid’s shape, rotation, density, and surface and subsurface composition. In short, the satellite will serve as a tool to establish which asteroids hold the most valuable resources and which are the most feasible to mine.The final phase is to actually mine these asteroids. Planetary Resources claims that the initial space-resource development projects will focus on water-rich asteroids. By focusing on water – which can be used in space for hydration, breathable air, radiation shielding, and formulating rocket fuel – the company hopes to enable large-scale exploration of the solar system.The company has a few ideas on how the actual mining operations will take place. One advanced technique mentioned by Lewicki is to harness the energy generated by the heat and cold differential on an asteroid; this is generated by sunlight hitting part of the asteroid while the rest is in shadow.. In theory, this should provide the energy needed to extract the targeted resources.Apart from making science-fiction fans cheer, mining asteroids has many implications for life inside and outside our atmosphere. It could make long-term space travel more feasible, since astronauts would not have to return to Earth to resupply certain essential resources, such as water, gas, oxygen, etc.Another attractive opportunity is the plethora of rare-earth metals – such as scandium, cerium, and gadolinium – contained in certain near-Earth asteroids. It’s speculated that a relatively small, 1.6-km diameter asteroid with the right physical characteristics could contain more than $20 trillion worth of industrial and precious metals. For example, near-Earth asteroid 16 Psyche is believed to contain 1.7×1019 kg of nickel-iron, which would be enough to supply current world production requirements for several million years. Not too shabby.Basic economics informs us that doubling or tripling the supply of anything while keeping demand constant will certainly drive down its price. If a Planetary Resources fleet returned from a voyage that increased the amount of gold on Earth by 100 times, the price of gold would certainly plummet.In step, by extending the reach of potential mining operations to space, Planetary Resources could potentially alter the way we currently conceptualize scarcity. It also has the potential to ruin the company’s return on investment.But Lewicki isn’t fazed:“Of course, it’s all about supply and demand, and we’re subject to those risks as much as any other company. But if we as engineers had materials that were best for a job and could use those materials all the time without thinking of the costs, it would change the world. It’s not about scarcity, it’s about access. Fundamentally, that’s what we’re focused on. We want to take opportunities and deliver value just like any other business. Only our business will extend the economic sphere into the solar system.Although this could leave some BIG GOLD subscribers shaking in their boots, don’t expect any of this to come to fruition any time soon. The company plans on launching its first Leo Space Telescope in 18-24 months, and it will probably be decades before any actual space mining takes place.Of course, the scientific community is not without skeptics. Former NASA aerospace engineer Louis Friedman says it would take “hundreds of millions of dollars” to get started. This shouldn’t be a problem considering Planetary Resource’s wealthy stakeholders and friends, not to mention the private sector’s ability to innovate and cut costs.It’s also worth noting that upcoming NASA mission OSIRIS-Rex will be engaging in some asteroid mining of its own. The mission’s goal is to harvest two ounces of material from an asteroid and return to Earth at a cost of about $1 billion. But we all know how efficient government-funded projects are.Private versus public arguments aside, there are some other fundamental issues related to asteroid mining. Friedman states that the company would have difficulty transferring raw materials extracted from asteroids back to Earth, given the cost of going in and out of Earth’s gravity well. So hang on to your gold.There’s also some competition, although it’s taking a different approach. Moon Express, led by Intelius founder Naveen Jain, seeks to mine the moon, and he’s already secured a $10-million NASA contract. But, considering the legal wrangling that would be involved with strip-mining the moon, I would be skeptical of the company’s outlook.In my opinion, both are interesting concepts that could have far-reaching implications for us here on Mother Earth. Could this technology allow humans to travel millions of miles into space, harvesting water and other nutrients from asteroids along the way?The science-fiction fan inside of me sure hopes so. France’s Economic CrisisBy Adam J. Crawford, Junior AnalystThus far, France’s troubled economy has eluded the spotlight of the popular press. This may soon change, however, as the realization that France’s economy is as fundamentally flawed as the highly publicized PIIGS economies takes hold.France looks like PIIGSFor many years, France has been on a borrowing binge while feeding those funds to its citizens through various entitlement programs. The amount borrowed each year has accumulated over time, resulting in the dangerously high level of debt to GDP seen today. Source: Bloomberg 107.8% Italy6.04% 120.1% -5.2% So far, France has escaped the wrath of the sovereign bond market. In fact, the yield on France’s 10-year bond recently slid to an all-time low. But the smart money is beginning to question the French government’s ability to repay its debt. The evidence can be seen in credit default swaps (CDS), which have spiked nearly 35% since March. The cost to insure $10 million in French debt for five years currently stands at $213,000 per year. This number is relatively small when compared to the cost to insure the debt of other troubled nations in the Eurozone. However, it is strikingly similar to the cost to insure the sovereign debt of these same troubled nations three short years ago. Italy Ireland$220,000$679,000 -9.1% David Hinman, comanager of SW Asset Management firm, believes insurance on French debt could soon follow the PIIGS’s path into the stratosphere:“The severity of French CDS’ going from 220 to 500 is going to be very meaningful and it could very easily happen. There is too much debt with very little prospects for them being able to work it out. I am not sure how all of this plays out.”This time isn’t differentOne thing is for sure: the boneheaded economic agenda of France’s newly elected Socialist leader will only make the country’s precarious financial situation much worse. Here’s a list of President Hollande’s most memorable campaign promises:Raise taxes on the “rich”Freeze fuel pricesIncrease welfare paymentsHire 60,000 new teachers; and“Make layoffs so expensive for companies that it’s not worth it” (my personal favorite).The scary thing is, implementing these reckless reforms should be a piece of cake given that the Socialists are likely to win a majority in the Parliamentary elections. If this does happen, expect to see soaring debt and a sinking stock market in the near future (just like last time the French elected a socialist leader).France’s economic predicament is but one of myriad opportunities the world’s shaky economy is presenting to self-directed investors. Some particularly intriguing speculations can be found in our flagship publication, The Casey Report, which is helping subscribers position themselves to profit from the Volatility Index, options on a Chinese index fund, and a host of emerging trends that Wall Street is ignoring.But perhaps the biggest opportunity that awaits subscribers – indeed, all investors – lies beneath the surface of the United States’ teetering economy. Friday FunniesCongratulations, GraduatesThe Source of Our ProblemsCongressional Express – Don’t Leave Home Without It!Greek MythologyThe Modern WorldThat’s it for today. Thank you for reading and subscribing to Casey Daily Dispatch.Chris Wood Senior Analyst Casey Research, LLC 165.3% Portugal 10.67% Greece Portugal$79,000$1,070,000 Spain6.51%center_img 10-year bond yield Ireland8.21% Spain France$39,000$213,000 -3.9% Spain$98,000$600,000 Source: Eurostat 2011 data 108.2% 85.8% 2012 2009 -13.1% Portugal This reckless borrowing ends and the painful – but necessary – economic contraction begins when the market punishes heavily indebted countries with higher interest rates. This is what is happening to Portugal, Ireland, Italy, Greece, and Spain. France Greece$162,000$8,161,000 Source: Bloomberg 68.5% Irelandlast_img read more

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From Jim Rogers… to Marc Faber… to Congressman Ron

first_imgFrom Jim Rogers… to Marc Faber… to Congressman Ron Paul, this book is sitting on the desks of some of the world’s smartest thinkers…And for good reason, too.Inside you’ll find 47 ways to protect your wealth from the declining value of the U.S. DollarDiscover FIVE of those 47 ways for free, right here. Sponsor Advertisement The northern hemisphere’s summer season is now history…and reality has returned. It sure doesn’t look good, does it?With North America shut for the Labour Day long weekend, there wasn’t much activity in the gold price yesterday…and volume was non-existent.  Gold traded a handful of dollars either side of the $1,690 spot mark…but managed to get as high as $1,697.10 spot just before Globex trading ended at 6:15 p.m. in London.  From that high it got sold off a few dollars into the close…and finished at $1,692.60 spot, up a buck from Friday.The only real signs of life were in the silver market.  After not doing much of anything up until 1:00 p.m. in London trading, the price began to develop a positive bias…and was actually up 60 cents at one point, before giving some of that back just before the 6:15 p.m. BST Globex close.Silver finished at $32.10 spot…up 36 cents from Friday.  Volume was very light as well.Of course the dollar index didn’t do much after the 6:00 p.m. Eastern time Sunday night open, either.With the U.S. shut tight, there was nothing from the CME, SLV, GLD…and the U.S Mint.However, the report from Switzerland’s Zürcher Kantonalbank for the period ending Thursday, August 30th showed that their gold ETF added 30,083 troy ounces and, if this number can be believed, they added an eye-watering 4,001,096 ounces of silver to their silver ETF during the August 22-30 reporting period.  I sent an e-mail to ZKB asking for confirmation of that silver number, but Nick Laird told me that it was correct.  That’s more than two full days of world silver production.Based on that number, one can only imagine just how much physical metal the SLV authorized participants must owe that ETF…but I would be bet that it’s quite a few orders of magnitude more than that.I’ve got a couple of charts for you today.  The first is from Australian reader Wesley Legrand.  It shows the gold price in both US$ dollar terms…the red trace…and non-US$ dollar terms…but blue trace.  As Wesley pointed out, there hardly seems to have been a correction at all when one looks at non-US currencies…more like a “sideways consolidation”.(Click on image to enlarge)The second chart is courtesy of reader Mark Childers…and shows World Gold Production for 2008.  It requires no further explanation from me.And lastly is this eye candy for silver lovers that Nick Laird sent me last night.  It’s titled “Gold/Silver Ratio: Future Potential Ratios“.  Please use the ‘click to enlarge’ feature…and then let your imagination run wild.(Click on image to enlarge)The main reason for today’s column is the long list of stories that I’ve accumulated over the weekend…and I hope you have the time to at least read the parts that I’ve cut and paste.  But, as always, the final edit is up to you.There are two ways to conquer and enslave a nation. One is by the sword. The other is by debt. – John Adams, 1826Gold did virtually nothing yesterday, but it’s attempted foray to almost $1,700 the ounce got turned back shortly before the close of Globex trading in London at 6:15 p.m. BST yesterday.  Silver ran into the same seller as well.The northern hemisphere’s summer season is now history…and reality has returned. It sure doesn’t look good, does it?  There just isn’t any good news in sight…and the further the economic, financial and monetary can gets kicked down the road, the worse the disaster is going to be when it finally does blow up…or melt down…or both.There just isn’t any way out of this, except maybe the gold card…and the world’s banks and governments don’t have a “Plan B”…unless it is precisely that.  But, if they are going to play it at some point, then they’re keeping that secret awfully well.  It will be interesting to see if this new gold commission the Republicans have talked about at their national convention will amount to anything.  But one thing it will do, if it does comes to pass, is that will give even more publicity to the fact that fiat currencies always end up at their intrinsic value, which is zero.And as Alan Greenspan mentioned about a decade ago…and I’m paraphrasing here…fiat currencies, in extremis, may not be accepted as payment, whereas gold always will.It’s going to be a wild ride between now and Christmas…and there’s not much any of us can do except sit back and watch the show…all the while hoping that we’ve prepared for every eventuality as best we can.Not much happened during Far East trading on their Tuesday…although the gold price made a rather weak-kneed attempt to break above the $1,700 spot price once again, before getting sold down.  Nothing much is happening in London trading either, now that trading has been going on for a bit over two hours.  Volumes in both metals is reasonably light once again…and the dollar index is down about 10 basis points as I hit the send button at 5:15 a.m. Eastern time.See you tomorrow.last_img read more

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A leading national disabled peoples organisation

first_imgA leading national disabled people’s organisation (DPO) is to campaign to produce a “sea change” in attitudes to disability, as one of its priorities over the next three years.In its strategic plan for 2016-19, Disability Rights UK (DR UK) says it will focus its campaigning on independent living, improving disabled people’s career opportunities, and – a new priority for the charity – influencing public behaviour and attitudes.In a blog accompanying the document, DR UK chief executive Liz Sayce (pictured) points to a phone-in on BBC Radio 5 live last month in which disabled callers spoke of being “rejected, demonised, stared at, [and] made to feel unwelcome everywhere from playgrounds to trains”. Sayce says DR UK now wants to collect disabled people’s experiences of some of the worst experiences they have faced, “whether it’s being viewed as scroungers or incompetents, being feared or looked down on, avoided or bullied”.And she suggests there is a need for a “strong, united message” that resonates with the public, as with the LGBT movement’s call for “equal marriage”, and the US “black lives matter” campaign.The strategy document says this message needs to demonstrate that disabled people are “contributors” rather than “costs”, and dismantle the “false dichotomy between scroungers and super-heroes”.Sayce says that contact with disabled people – in education, work and elsewhere – will play a huge part in changing the “assumptions and actions” of non-disabled people. “If we campaign to learn together, work together, pray together, live together – that will break down barriers,” she says.The strategy also pledges to help build a national network of hate crime reporting centres, providing safe spaces for disabled people to report hostility and hate crime, and to work closely with other DPOs, police and the Crown Prosecution Service to combat hate crime and hostility.DR UK will also focus on independent living as another of its three priorities, with plans to campaign to reduce the number of disabled people living in institutions and the use of coercive powers to detain and treat people against their will.It will also focus on the funding necessary to live independently, for example through benefits and social care personal budgets; and organise a national campaign on access alongside its members.On career opportunities, DR UK says it wants to show the government the importance of investing in peer support for skills and careers, and to focus on both the “carrots and sticks” that will persuade employers and education and training providers to take action.The strategy highlights some of the statistics it would like to see published by the government – with regional figures for the most important areas – to allow progress towards disabled people’s equality and human rights to be measured.These include the number of disabled people living in institutions; the pay gap between disabled and non-disabled people; and levels of disability discrimination, hostility and hate crime.last_img read more

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Uber Plans to Fight 13 Million Fine in France

first_img Uber Plans to Fight $1.3 Million Fine in France Free Webinar | July 31: Secrets to Running a Successful Family Business 3 min read Legal Image credit: Shutterstock Add to Queue –shares David Meyercenter_img Next Article Uber’s entertaining week in France continues with a €1.2 million ($1.3 million) fine from a Paris court for making “ambiguous” recommendations to its drivers. The U.S. firm is appealing, claiming the underlying law is invalid.The Wednesday fine stemmed from a suit lodged by a national taxi union back at the end of 2014, over Uber’s alleged contravention of a law from that year that banned several Uber-like practices.One of those rules states that drivers from such services cannot wait on a public road between fares, but must instead return to a parking area until their next pre-booked appointment begins. The idea is to stop them from behaving like, well, taxis.The taxi union complained that Uber’s driver-training videos were less than explicit about this point, and the Paris commercial court agreed that the videos encouraged drivers to go to areas with high demand, and to accept fares from people even when they did not fall into the legally mandated scenario.The court told Uber to cut it out, but the union noticed that some of the training videos stayed up on YouTube during the first quarter of 2015. Hence the fine, which goes to the union, and which Uber is appealing along with the original ruling.Uber’s take on this is that the underlying law itself is null and void, as it does not comply with European legislation. The firm points out that the French government failed to notify the European Commission about the so-called Thévenoud law, which also bans private-hire drivers from using software to find clients, before passing it.This matters because Uber claims to be an “information-society service” rather than a taxi firm, and EU countries are supposed to tell the Commission about any new laws targeting information-society services before putting them into practice.“The merits of the case on which today’s decision was based are already under appeal. Clearly we will appeal this particular outcome too. There is a question mark over the very law itself, which the European Commission is investigating,” Uber said.Uber’s service was one of the subjects of protests this week in Paris, with taxi drivers blocking traffic and burning tires in outrage over the practices of the firm and others like it. They say the authorities have not properly enforced the Thévenoud law and their revenues have recently fallen by 20-40% — which is particularly tough when they have to pay around €200,000 for a license to operate a taxi and their new-fangled rivals do not.France’s constitutional court has already ruled that drivers can work for both traditional cab companies and services such as Uber, and Uber said last week that it wants to open up its platform to taxi drivers. A taxi syndicate representative told The Verge this was a “provocation.” This story originally appeared on Fortune Magazine Learn how to successfully navigate family business dynamics and build businesses that excel. January 28, 2016 Register Now »last_img read more

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Nintendos Market Cap Doubles to 42 Billion Since Pokemon GO Launch

first_img 2 min read Enroll Now for $5 Shares of Japan’s Nintendo Co. soared another 14 percent on Tuesday, more than doubling the firm’s market capitalization to 4.5 trillion yen ($42.5 billion) in just seven sessions since the mobile game Pokemon GO was launched in the United States.The phenomenal success of Pokemon GO — now available in 35 countries, the majority in Europe, and most recently in Canada — has triggered massive buying in Nintendo shares, surprising even some seasoned market players.”I’ve never seen the trend of such a big company’s shares changing so quickly in such a short period of time,” said Takashi Oba, senior strategist at Okasan Securities.Nintendo shares ended Tuesday up 14.4 percent at 31,770 yen, bringing its gains to more than 100 percent since the launch of the game on July 6.Turnover in Nintendo shares hit 703.6 billion yen, surpassing the record for trading turnover in individual shares it set on Friday, of 476 billion yen.Trading in Nintendo shares roughly accounted for a quarter of the entire trading on the Tokyo Stock Exchange’s main board.The success of Pokemon GO, unforeseen even by its creators, has boosted hopes that Nintendo could capitalize on a line-up of popular characters ranging from Zelda to Super Mario to strengthen its new foray into augmented reality.”Virtual reality and augmented reality have been a focus of the market but hardly anyone was expecting Nintendo in this area. Suddenly Nintendo has become an AR-related stock,” said a fund manager at a Japanese asset management firm, who declined to be named as he is not allowed to discuss individual shares.The fund manager said the big gains were justifiable considering the likely boost to Nintendo’s bottom line.”Under my rough estimate, the sales from Pokemon GO and upcoming related gadgets will boost net profits by 50 billion yen. Based on that assumption, Nintendo is traded at 30 times profits, which is not unreasonable,” he said.The popularity of Pokemon GO is producing an unexpected boom in some shares that have a scant link to the game.Shares in First Baking Co., a bakery firm with annual sales of 25 billion yen, saw its shares rise 18 percent on Tuesday as the firm sells “Pokemon Bread” among other breads wrapped with character-decorated bags.(Additional reporting by Daiki Iga; Editing by Himani Sarkar) Add to Queue Reuters This story originally appeared on Reuters Next Article July 19, 2016center_img Fireside Chat | July 25: Three Surprising Ways to Build Your Brand Image credit: Reuters | Chris Helgren 55shares Nintendo Learn from renowned serial entrepreneur David Meltzer how to find your frequency in order to stand out from your competitors and build a brand that is authentic, lasting and impactful. Nintendo’s Market Cap Doubles to $42 Billion Since Pokemon GO Launchlast_img read more

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