Consistently Consistent

first_imgWhatever your business strategy, it should be pursued consistently.If you have the lowest price because that is the value you intend to create, that should be how you compete. You confuse your customers and your employees when you sometimes try to capture more value. You don’t expect to pay more sometimes, and other times, pay less.If your strategy is to have the very best product, releasing and selling an inferior one damages your strategy. By releasing something that isn’t up to the standard you set, you lose the loyalty and the willingness to pay for something that is supposed to be of a higher quality, one worthy of a higher price.If your strategy is the best total solution, you don’t have to have the best price or the best product. Instead, you have to consistently deliver greater value through a combination of things designed to deliver greater value than competitive offerings. To execute this strategy you need to consistently create new solutions that match your client’s needs. When you stop collaborating and caring enough to do this work, you have broken your strategy.There are companies in every vertical that compete using each of these three strategies. It’s their consistency, however, that defines them in their space. You have to be consistently consistent in the execution of your strategy when it comes to differentiation, and when it comes to pricing.If you choose to compete by providing the lowest price and eliminating other value you might create, execute that strategy consistently and roll up all the targets who need that value. If you choose to create the best product money can buy, then refine your work and improve it, leaving no doubt that your product is better than any alternative. If you compete on the best overall solution, consistently execute that strategy, which means that you price according to the value you create, not what your competitor’s charge. Essential Reading! Get my first book: The Only Sale Guide You’ll Ever Need “The USA Today bestseller by the star sales speaker and author of The Sales Blog that reveals how all salespeople can attain huge sales success through strategies backed by extensive research and experience.” Buy Nowlast_img read more

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Odisha asks banks to improve cash availability in cyclone affected areas

first_imgOdisha government has asked banks to improve cash availability to enable people in cyclone-affected districts to buy essential items.“Mobile ATMs have been sent to Puri by the State Cooperative Bank and SBI. Now seven mobile ATMs are functioning in Puri,” said Chief Secretary A. P. Padhi, after chairing a Special State Level Bankers Committee meeting here on Friday. “SBI will send 10 more ATMs. Cash availability is not a problem in the State.” Digital payment and cash withdrawal from ATMs were affected as power had not been restored in many areas ever since cyclone Fani hit Odisha on May 3. People were seen standing in long queues in front of the rare functional ATM counters in Bhubaneswar. Unavailability of cash had forced students to go back to their villages. Wage payment to daily labourers was affected.The Odisha government’s decision to hand out ₹2000 in cash as part of the Chief Minister’s package has proved to be of great help.The special State Level Banker’s Committee discussed the measures banks and insurance companies must take in cyclone affected areas. The SLBC resolved that existing loans would be rescheduled and fresh loans would be extended.“The loans may be rescheduled keeping in view the lower cash flow to SHGs and Micro, Small and Medium Enterprises. Bankers would provide all assistance to bail out the tourism industry in Puri. Insurance companies would also relax the document requirements, simplify the process and expedite payment of claims,” it was resolved in the SLBC. The Chief Secretary urged the banks to operationalise all their branches in Puri by Monday. Banking has been largely unaffected in all affected districts except Puri.last_img read more

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International Students May be Deportable on the First Day After Graduation: New USCIS Draft Policy

first_imgInternational students may become deportable on the first day after they finish their course of study, in a new draft policy unveiled by U.S. Citizenship and Immigration Services May 11.“USCIS is dedicated to our mission of ensuring the integrity of the immigration system. F, J, and M nonimmigrants are admitted to the United States for a specific purpose, and when that purpose has ended, we expect them to depart, or to obtain another, lawful immigration status,” said USCIS director L. Francis Cissna in a press statement unveiling the draft policy.Read it at Related Itemslast_img read more

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DIPLOMAT-REPORT 2 LAST

first_imgThe report also mentions that the diplomats daughter was The report also mentions that the diplomats daughter was the only person whom the Nepalese women knew by name. In their complaint, the victims told the police that the father of the girl allegedly used to rape, sodomise and assault them with his “friends” and the mother of the girl often used to threaten them by putting knife on their throats. Once she had also allegedly “stabbed” one of the victims on her arm. However, the diplomats daughter had never assaulted them. Gurgaon Police had received a letter – followed by a phone call – from the Nepal embassy asking the Commissioner to “rescue and repatriate” the Nepalese women. A copy of the letter was also purportedly sent to the MEA, the report reads. Also, Gurgaon Police now have in its possession, 18-days video footage extracted from a DVR connected to CCTV cameras installed outside the diplomats apartment. The footage disclose several frequent visitors but the victims are needed to identify them, said a senior official, adding that the police needs the MEAs approval to approach the victims. PTI DEY SHSlast_img read more

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Ducati to launch Monster 797, Multistrada 950 in India on June 14

first_imgWe had earlier reported that Ducati were to launch the all new Monster 797 in India. Now, we have confirmation, Ducati will launch the Monster 797 and Multistrada 950 in India next month on June 14. Ducati had showcased the new Monster 797 at the EICMA 2016 in November.The all new Ducati Monster 797 will be the company’s new entry level motorcycle. Moreover, Ducati will also launch the new entry-level small engined Multistrada 950 in India.Monster 797Price:We expect the all new Ducati Monster 797 to come for a price of Rs 7 lakh (ex showroom, New Delhi) – Rs 9 lakh (ex showroom, New Delhi).Ducati Monster 797Engine:The all new Monster 797 comes with a 803 cc, L-Twin cylinder, 2 Desmodromically actuated valves per cylinder, air cooled engine that produces 75 hp of peak power and 68.9 Nm of peak torque, mated to six-speed gearbox.Design:The design of the Monster 797, elegant and muscular, perfectly integrates the wide handlebar, tank, trellis frame, engine and double-sided swingarm. An agile and dynamic line that transmits sportiness and instils confidence right from first glance: a compact, sports design that is unmistakeably Monster.Ducati Monster 797The classic circular headlight is equipped with LED position lights, the tank reintroduces the fastening hook and the Desmodue twin, advanced and powerful, sees the return of the cooling winglets.Suspension:To fully exploit the horsepower of the Desmodue, the Monster 797 is equipped with a fully adjustable 43mm front fork and a rear shock with adjustable preload and rebound. The Brembo brakes and Bosch 9.1 MP ABS as standard make for even more exciting sports riding as well as always ensuring maximum safety.advertisementDucati Monster 797Color:The Monster 797 is available in three colour combination: Star White Silk, with red frame and wheels, the classic Ducati Red, with black frame and wheels and smart Dark Stealth with black frame and wheels.Multistrada 950Design:The new Multistrada 950 combines comfort, style and superior performance. The Multistrada 950 combines Multistrada 1200 and Multistrada 1200 Enduro design features to perfection, taking the “lightest” elements from both. The front-on view, with the distinctive headlight, ‘beak’, adjustable screen, two ‘wings’ and tank come from the Multistrada 1200.Ducati Multistrada 950The rider’s seat with narrow mid-section, the passenger seat, rear grab rail, the design of the exhaust and swingarm and the wheel sizes were, instead, taken from the Multistrada 1200 Enduro. This mix has produced a bike with classic Multistrada lines that’s also compact, and not just visually.Engine:The Multistrada 950 is powered by the already renowned twin cylinder 937cc, Testastretta, liquid cooling engine with a maximum of power of 113 hp and maximum torque of 96.2 NM, mated to six-speed gearbox.Ducati Multistrada 950Feature:The Multistrada 950 instrument panel consists of a large easy-to-see LCD that provides the rider with primary and secondary information, four Riding Modes (Sport, Touring, Urban and Enduro), DSP (Ducati Safety Pack) that includes ABS and Ducati Traction Control,At the rear there is a LED tail light. A hazard warning lights function is also available on the Multistrada 950.Color:The Multistrada 950 is available in two colours; classic Ducati Red and stylish Star White Silk. Both colour schemes feature matt grey frame and wheels.Ducati Multistrada 950Price:We expect the Ducati Multistrada 950 to come for a price of Rs 11.5 lakh (ex showroom, New Delhi)- Rs 13 lakh (ex showroom, New Delhi).ALSO READ:Is Ducati Monster 797 coming to India by April?last_img read more

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‘Make In India’ CRF1000L Africa Twin deliveries commence

first_imgHonda Motorcycle & Scooter India Pvt. Ltd. today commenced the deliveries for its all-new CRF1000L Africa Twin motorcycle in India. It is Honda’s first one litre engine capacity motorcycle to be ‘Made in India’. Africa Twin received an overwhelming response with the first 50 bookings, completing in just over 2 months’ time.Africa Twin, the flagship adventure-tourer motorcycle from Honda’s global line-up is the first 1000cc ‘Make in India’ model by Honda Motorcycle & Scooter India. True to its roots, which are firmly embedded in Dakar history, Africa Twin is known for its ultimate adventure that pushes the rider and machine to the edge of physical and mechanical performance.Excerpts from the companySpeaking on this momentous occasion Mr. Minoru Kato (President & CEO – Honda Motorcycle & Scooter India Pvt. Ltd said, “I would like to congratulate the first lucky customers on the delivery of their amazing machines. My own experience of riding the Africa Twin, during the development of one of its variant on my official assignment in Europe, was exhilarating. The motorcycle with its unique features, allows it to be very adaptable for varied riding conditions. I wish all the Africa Twin customers a memorable and adventurous experience.”Mr. Yadvinder Singh Guleria, Senior Vice President – Sales and Marketing, Honda Motorcycle and Scooter India Pvt. Ltd. said, “We are extremely delighted to witness the overwhelming response received by Africa Twin. Africa Twin is possibly the most reliable, versatile and proven adventure touring motorcycle ever launched in India. As we welcome the first tribe of Africa Twin customers in India, few lucky customers will also get a chance to attend the grand out-door ‘True Adventure’ Africa Twin ride event.”advertisement Unique Dual Clutch Transmission (DCT) technology by Honda. A world first in motorcyclesAfrica Twin is equipped with Dual Clutch Transmission (DCT) System for a smooth acceleration or deceleration, depending on rider’s intent.The long road to adventure is varied and the Dual Clutch Transmission (DCT) machine gives you a choice of Manual and Automatic gear shifting to suit tarmac, dirt tracks and steep mountain passes. Experience a more enjoyable ride by focusing on the sensations of accelerating, turning and braking your motorcycle. Control your bike to your heart’s content. DCT technology brings the fundamentals of motorcycles – the joy of riding and control – to a whole new level. D mode offers the best balance of fuel economy and comfort cruising, while S mode provides extra levels of sport performance, with three different shift patterns to choose from. Africa Twin is also fully equipped to operate in an off-road environment, and its functionality is enhanced by the G-Mode. Pushing the G-button in any riding mode modi?es the control of the clutch system to give a more direct drive.  Honda Selectable Torque Control (HSTC) & Switchable ABSAfrica Twin comes standard-equipped with the HSTC (Honda Selectable Torque Control) system which controls the engine’s torque output by detecting differences in the slip ratio between front and rear wheels. The standard Anti-Locking Braking System and traction control offer multiple driving modes for different conditions.  It’s possible for the rider to turn off the ABS system for the rear brake, allowing the rider to lock the rear wheel when riding off-road. There are four levels of control to choose from the Honda Selectable Torque Control: Level 1, 2, 3 and Off.  A True companion ‘on & off-road’The adventure begins where the road ends. Inheriting the “Go Anywhere” spirit of its celebrated predecessors, the CRF1000L Africa Twin packs an innovative, compact and powerful parallel twin-cylinder engine (makes 65Kw peak power @ 7,500 rpm and 92Nm torque @ 6,000 rpm) into a lightweight, agile chassis ready for true adventure both on and off road – whether crossing continents or commuting. The inverted cartridge type fully-adjustable front forks come with a 230 mm stroke – the longest in its class – with a good range of rebound and compression settings. With a class-leading 250 mm ground clearance, riding this bike off-road is a glide. The Dual LED headlights evoke memories of those Dakar winning machines.Also Read: Honda Africa Twin first ride reviewlast_img read more

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Airtel TV is now available on the web: You can watch more than 100 live TV channels

first_imgOnline content platforms have been extremely popular with mobile internet becoming cheap. After seeing a host of third-party players jump in and rule the segment, telecom players are themselves participating in the game to snatch a share of the pie. Jio was the first one to jump in with its JioTv a few years ago and others followed. Airtel has been offering its Airtel TV in the guise of a mobile app and now, it is moving a step ahead of its rivals.After limiting its TV service to the mobile app, Airtel has now released the Airtel TV service for the web. Subscribers will now be able to enjoy content from the app on the web. Therefore, the consumer now gets to watch the content on computers anywhere anytime. With this service, Airtel has essentially made available almost 100 live TV channels on the web.All Airtel subscribers need to do is simply go on to website (www.airtelxstream.in) and log in with their Airtel number to access the service. Once logged in, the subscriber will able to see all the content available for free. For watching premium content, subscribers will need to pay for the packages. If a subscriber has done that, even the premium content is available to watch online.The app offers more than 350 live TV channel across news, entertainment, infotainment, music, movies, devotional, lifestyle, kids, sports across multiple languages like English, Hindi, Tamil, Telugu, Bengali, Kannada, Malayalam, Marathi and more. The service makes available content from some popular streaming platforms such as Zee5, Hooq, Eros Now, YouTube and others.advertisementIn comparison, Reliance Jio’s JioTV is only available in the form of an app. JioTV isn’t available on the web but it also offers access to TV channels – both live as well as recorded. JioTV also doesn’t require additional paid subscription as it is complimentary with all Jio recharges. However, Jio’s TV service will be soon coming to the GigaFiber service scheduled to launch within a few weeks.ALSO READ | How to watch Game of Thrones in India: What are the legal options and how much will it costALSO READ | Hotstar Rs 365 VIP subscription: What is it, what does it offer and everything you need to knowlast_img read more

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Citizens Group Presents Needy St. James Resident with New Home

first_img The house is valued at approximately $450,000 JP and member of the Watson Town Community Benevolent Society, Hume Innis said that the house will be painted shortly Story Highlights Indigent resident of the community of Dumfries in Eastern St. James, Dudley Jackson, can now live in comfort having received a new one-bedroom unit from the Watson Town Community Benevolent Society on Tuesday, September 10.The house, which has been furnished, is valued at approximately $450,000.Mr. Jackson’s plight came to the attention of the society, which then organised fund raising initiatives and established partnerships with its members and local businesses in and around the community and parish.The Society was also assisted by a member of Mr. Jackson’s family, who made it possible for the house to be completed, allaying fears that he could be seriously hurt or killed, if a hurricane should strike.Justice of the Peace and member of the Watson Town Community Benevolent Society, Hume Innis said that the house will be painted shortly.“Through fund raising initiatives, the project was undertaken and completed and we are today, proudly handing over this completed unit to him…despite the difficulties experienced in securing funding for the project, the Society remains committed to assisting our citizens whenever and wherever possible,” Mr. Innis pointed out.Commending members of the group for the tremendous demonstration of love and concern for the less fortunate, returning resident, Roy Russell said the gesture represents what can be accomplished when communities work together.“This is love and if the community within this district, behave the same way as this (Benevolent Society) group behave, then we should be on our way overcoming a lot of our obstacles and challenges as a community and as a country.  We need to wake up and unite and link ourselves together in love and assist those among us that are in need,” Mr. Russell urged.President of the Watson Town Community Benevolent Society, Rita Spence, told JIS News that the completion and handing over of the unit to Mr. Jackson was the first project of the Society and that plans were underway for other projects in the community. The completion and handing over of the unit was the first project of the Society last_img read more

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Spotted: Antwerp Welcomes 50-Meter Monsters

first_imgAs part of the MSC PSA European Terminal (MPET) expansion and modernization program, the Belgian Port of Antwerp today welcomed five new gantry cranes. The 50-meter high cranes arrived to the port aboard the Hong-Kong flagged general cargo vessel Zhen Hua 27.MPET’s new toys will be able to handle ships with 25 rows of containers stacked.The terminal, located at the Delwaide dock on the right bank, was officially opened on 15 June 2005.The terminal is a joint venture between PSA and Terminal Investment Limited (TIL).According to MPET, in order to support the expansion, the terminal is moving its operations to the Deurganckdock (left bank). The company expects the MPET/PSA DGD will reach a capacity of 9 million TEU, making it the largest terminal in Europe.As World Maritime News recently reported, the port handled over 156,5 million tonnes of freight in the first nine months of this year, up 5.5% on the same period last year, putting the port firmly in position to end 2015 with a record breaking total volume of 200 million tonnes.World Maritime News Staff, Image: The Port of Antwerplast_img read more

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Flimsy fences ferocious dogs Canadas top pot expert on weeds path to

first_imgTORONTO – Even though Ernest Small was the biggest legal grower of legal marijuana in North America back in the 1970s and is the federal government’s foremost pot expert, the Canadian researcher is in disbelief that the country is on the cusp of legalizing the drug’s recreational use.The principal research scientist for Agriculture and Agri-Food Canada, who was recently named to the Order of Canada last week for his vast body of work, says the atmosphere around marijuana in government and law enforcement circles was “repressive and conservative” for decades.“I would never have predicted that we would come to this. … There was not the slightest suggestion that one day, marijuana could be a legal commodity,” he said in an interview. “It just didn’t seem possible.”Now, there are more than 80 licensed producers of cannabis in the country, all of whom are ramping up production to be ready for the July 2018 deadline for the legalization of recreational marijuana across the country, while pot company stocks have been on fire for months.But looking back, Small had to aggressively plead his case with the government to allow him to begin researching weed, when he joined as a researcher in 1969.At the time, the now 77-year-old had just finished his doctorate in plant evolution from the University of California. Before landing in the Golden State, he said he had “no idea what drugs were, no idea what hippies were.”“It was just a total culture shock. And nevertheless, I did become quite interested in the cannabis plant because that was the thing that students, and even my professors were doing. And I was interested as a botanist in studying it as a plant.”Small said he convinced the government to allow him to study what was “basically verboten” by focusing on pot’s risks and how research could help law enforcement depress its use. He was eventually able to convince Health Canada to give him the green light, he said.The government also wanted, at the time, a standard supply of marijuana for experimental purposes. And in turn, Small was involved in establishing a two-acre pot crop at the Central Experimental Farm in Ottawa, at Health Canada’s request.“I actually grew several tonnes of marijuana, and at that time more legal cannabis anybody in the world, at least in North America,” Small said.However, the outdoor plot only lasted for one summer in 1971, after being “raided frequently.”Small describes a “very flimsy fence” around the plot, as well as guards and “very ferocious dogs” on hand to protect it.“It very quickly became apparent that teenagers were doing a lot of the raiding. And we could not expose them to these dogs, so the dogs were kept chained up, ” he said. “We didn’t have searchlights… so the whole plot was a sitting duck.”After one summer, the operation was later moved indoors until roughly 1980, when the department of Agriculture decided it didn’t want to grow cannabis on the premises, he said.Subsequently, Small said he grew legal cannabis in association with the private sector, on private land.Small was also closely involved in selecting the strain of marijuana that is now the basis of all licensed medical marijuana in Canada.“It was a reasonable strain, easily producing 12 per cent THC,” he said.Today, Small noted, there are stronger strains with different balances of cannabinoids — chemical compounds secreted by cannabis flowers which give pot its medical and recreational properties.Still, Small believes that cannabis is now “on the verge of huge changes that are agriculturally significant, in terms of the productivity of this plant.”While most other crops have undergone the so-called Green Revolution, which has boosted agricultural production, cannabis has been left behind, he said.“The green revolution phase has totally been overlooked, because, of course, it’s been illegal most of the last century,” he said. “We are standing on the verge of huge changes that are agriculturally significant in terms of the productivity of this plant. It’s just a mind-boggling situation. There is no other crop but cannabis that is in this remarkable situation.”When asked whether his research, or recreation, has ever involved dabbling in pot himself, Small responded, “Hell, no.”He said if there is even the slightest odour of cannabis at a party, he immediately leaves. It’s an approach he intends to keep up with, even after July 2018.“I’m as pure as the driven snow,” Small said, adding that he does not drink alcohol or coffee either. “The simple fact is I’m entrusted with an enormous responsibility. And I am not going to, and have never, considered compromising that.”last_img read more

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From Gord Downies wisdom to Shania Twains comeback your 20 favourite stories

first_img Facebook So which articles were most popular among CBC Music readers? Perhaps it’s no surprise that most were connected to Canadian music icons, and to the top Canadian songs, songwriters and bands past and present.READ MORE There’s no doubt that 2017 was a momentous year for music in Canada.We saw new albums by Arcade Fire, Land of Talk, Drake, Broken Social Scene, Feist, Alvvays, Daniel Caesar and more. We saw outspoken Colombian-Canadian artist Lido Pimienta take the Polaris Music Prize, while the Juno album of the year went posthumously to Canadian legend Leonard Cohen.Canadians also mourned the death of Gord Downie who, for three decades, helped create a soundtrack for the country. Advertisement Advertisement Advertisement Login/Register With: LEAVE A REPLY Cancel replyLog in to leave a comment Twitterlast_img read more

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Algerias Bouteflika a veteran dogged by controversy

first_imgALGIERS – Algeria’s Abdelaziz Bouteflika, who is to seek a fourth presidential term in an April election, helped to end a devastating civil war and contain Arab Spring protests.One of the few remaining veterans of the war of independence against France, the 76-year-old first came to power in 1999, but has been dogged by ill health and corruption scandals.He has also never freed himself from the pervasive control of the unelected military, despite being determined to roll back its power and that of intelligence leaders who have dominated Algerian politics since independence. “I’m not three quarters of a president,” he said after being elected in 1999, addressing critics who saw him as another puppet of the army chiefs.But despite his efforts to reduce their influence, the army and the DRS intelligence agency are still widely considered to be the real power in Algeria.The army has chosen all of the country’s post-independence leaders — and Bouteflika was no different.With the military’s support, he stood unopposed in 1999 as the candidate of the ruling National Liberation Front (FLN) after all the other candidates withdrew, citing fears of electoral fraud.A dapper figure known for wearing a three-piece suit even in baking Saharan conditions, Bouteflika was credited by many Algerians with helping end the murderous civil war in the 1990s that killed at least 150,000 people.The military-backed government’s decision to cancel elections in 1991 which an Islamic party had been poised to win sparked a decade of appalling bloodletting.Islamist insurgents attacked both the military and civilians amid allegations of shocking abuses by both sides.Bouteflika proposed an amnesty for rebels who laid down their arms and twice secured public endorsement for “national reconciliation” through referendums.Major gamble pays offThe first, in September 1999, was a major gamble but paid off, leading to a sharp decrease in violence that helped propel Bouteflika to a second term in 2004.The resignation shortly afterwards of Mohamed Lamari, a Moscow-trained former army chief and key proponent of eradicating the armed Islamists during the civil war, was a step forward in curbing the military’s power.And the death in 2007 of General Smain Lamari, a close ally of the shadowy intelligence chief Mohamed “Tewfik” Mediene, the powerful hidden force in Algerian politics, was thought to further strengthen Bouteflika’s hand.But he never succeeded in neutralising Mediene, despite steps to emasculate the military intelligence agency in 2012 alongside sweeping cabinet changes.Bouteflika began a third term in 2009 following a constitutional amendment allowing him to stand again.His supporters argue that under his stewardship public and private investment has created millions of jobs and dramatically lowered unemployment.But a lack of opportunity continues to drive many Algerians abroad, often illegally, as youth unemployment remains high despite windfall oil revenues.When the Arab Spring burst into life in January 2011, Algeria witnessed deadly social unrest, and a month later Bouteflika acceded to an opposition demand, lifting a 19-year state of emergency.To head off further unrest he announced piecemeal political reforms, including boosting the role of independent parties.But these reforms won little support from the opposition, and legislative elections in May 2012 saw the FLN tighten its control of parliament.Bouteflika’s third term in office has been dogged by speculation about his health, and even rumours he had died, after he underwent surgery in Paris in 2005 for a stomach ulcer.Bouteflika was hospitalised in France again in April last year after a mini-stroke, spending three months recovering and chairing just two cabinet meetings in 2013.Despite his ill-health, in November the FLN named him as its candidate in the presidential election due in April.Bouteflika never married and has no children.last_img read more

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Dirt cheap loan or RRSP withdrawal Answer these tough questions first

TORONTO — Canadians may be tempted to take advantage of low interest rate loans instead of dipping into their RRSPs before retirement to either buy a home or go back to school.But financial experts warn that while it may be difficult to resist the lure of “cheap money” — whether it’s from a bank or your RRSP — both options will come at a cost.“We now have a phenomenon of cheap money,” says Avraham Byers, an adviser with Breakthrough Personal Financial Trainers.The problem is that cheap money isn’t always cheap“With cheap money, it’s easy to say, ’Well I’ll just borrow more and more money.’ We see lines of credit are getting bigger and bigger. The problem is that cheap money isn’t always cheap.”Banks have been dropping interest rates on loans and lines of credit after the Bank of Canada cut its key interest rate to 0.75% in January and many analysts expect the central bank to lower its rate again.But despite the rock-bottom rates, Byers advises clients to be careful with how much debt they take on.“The litmus test on a loan you’re about to take is to imagine that loan, or line of credit, puffed up by 5% or so,” he said.Why slipping on your credit card payments is about to cost you bigger bucks“If you can handle that, then that’s great. But if you can’t handle that amount on there, then that may not be the best thing to do.”Any amount of debt can easily spiral out of control, he added.But if a loan isn’t affordable, that doesn’t necessarily mean that Canadians should automatically dip into their RRSPs to fund expenses.The Canada Revenue Agency permits first-time home buyers to withdraw up to $25,000 tax-free from an RRSP using the federal Home Buyer’s Plan, but that money needs to be paid back within 15 years. If that doesn’t happen, then the money will be added to their income for that tax year.Similarly, those who are going back to school full-time are allowed to withdraw $10,000 a year for a total of $20,000 from their RRSP under the Lifelong Learning Plan. One-tenth of the amount needs to be paid back each year, with the amount completely paid back within 10 years.“You have to understand that if you take money out of an RRSP, you really are taking money from your older self,” cautioned Byers.Mark Thierriault, a financial adviser with Nicola Wealth Management in Vancouver, says RRSP contributors need to do the math.“If you take out a loan from a bank, you have to start paying that back right way and have to pay interest payments,” he said. “With an RRSP withdrawal under the Home Buyers or Lifelong Learning plans, you’re missing out — for however long it takes you to pay it back — on the growth you would’ve gained in that RRSP.”For example, if investments in an RRSP are generating returns of 6%, then it would make sense to keep the funds in that account and take out a loan at 3% interest instead.“Really, it comes down to the level of risk you’re taking in the investment and can you outperform the cost of borrowing,” said Thierriault. read more

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Better prices new pipelines expected to drive higher Canadian crude output

CALGARY — The Canadian Energy Research Institute says a pipeline capacity gap that is impeding the movement of Western Canada’s crude to market will close by 2021 and there will be surplus capacity from about 2022 until 2030.In a forecast based on financial modelling, the Calgary-based think-tank calls for the Enbridge Line 3 and Trans Mountain expansion pipelines to open in about two years, followed by the Keystone XL pipeline about a year later.It predicts crude oil production will jump to 7.2 million barrels per day by 2038 from 4.2 million bpd last year, aided by thirsty markets that will drive global oil prices above US$100 per barrel by 2030.Canadians split over Trudeau’s purchase of Trans Mountain pipeline, poll showsIEA issues stark warning to oil producers: A huge supply gap loomsFinally, a thumbs-up for Canadian oil — but will anybody notice?CERI says oil production growth will come mainly from the oilsands, which will build from the current 2.65 million barrels per day to just under 5.5 million bpd by 2038.Its oil production forecast is higher than one released last week by the Canadian Association of Petroleum Producers, which predicted based on surveys of its members that Canadian oil output will increase to 5.6 million bpd by 2035 as oilsands production rises to 4.2 million bpd.CERI foresees a much darker future for natural gas, with rising production from shale gas wells in the U.S. replacing western Canadian gas in its traditional markets of Eastern Canada, the eastern U.S. and, eventually, mid-continent U.S.CERI president Allan Fogwill says gas production will fall from current levels of about 16.5 billion cubic feet per day to about 15 bcf/d over the next two decades unless LNG export facilities are built to send gas to new markets overseas.About 14 liquefied natural gas processing facilities have been proposed for the West Coast but none is being built as yet. read more

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Election 2019 Why should we vote

Got a case of voter apathy?Leader-Post political experts Arthur White-Crummey and Murray Mandryk are here with a new series called Why Should We Care?Each week, they’ll discuss an aspect about the 2019 federal election, and try to make a good case for why we should care. This week, they ask why should we vote?

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General Assembly President calls for stronger relationship between UN and civil society

Civil society organizations can significantly help the United Nations achieve its development agenda, the General Assembly President said today as she called for a closer relationship between the two and a stronger voice for civil society groups within the world body.Speaking in New York at a forum on the General Assembly and non-governmental organizations (NGOs), which was jointly organized by her office and the UN Foundation, Sheikha Haya Rashed Al Khalifa said civil society groups have been making “a serious contribution” to the UN since its beginnings in 1945.“You are indispensable partners in delivering services to the poor, catalyzing action within countries and holding leaders accountable for their commitments,” she told participants at the forum.“In crisis, post-conflict and post-disaster situations, national and international NGOs are vital implementing partners – without them, UN humanitarian assistance could hardly be delivered.”Sheikha Haya added that world leaders have welcomed the recently enhanced dialogue between UN Member States and civil society, and she commended NGOs for their work in galvanizing public support for UN goals and representing the needs of people on the ground.The General Assembly President said NGOs have also made valuable contributions to the UN’s reform agenda, especially on the issue of gender equality.She announced that over the next year she will convene a series of informal thematic debates involving the private sector and civil society on development, gender and the dialogue among civilizations.The first such debate, to be held next Monday, will consider the progress made so far on reaching the Millennium Development Goals (MDGs), the set of eight internationally agreed targets for reducing key social and economic ills, and examine any obstacles that threaten their achievement.Currently, more than 4,500 NGOs are accredited with the UN. read more

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Nigeria reports first polio cases since 2014 highlighting urgency of immunization –

“We are deeply saddened by the news that two Nigerian children have been paralyzed by polio,” said Dr. Matshidiso Moeti, World Health Organization (WHO) Regional Director for Africa, in a news release.“The overriding priority now is to rapidly immunize all children around the affected area and ensure that no other children succumb to this terrible disease,” she added.The release added that the Government Nigeria is collaborating with WHO and other partners of the Global Polio Eradication Initiative to respond urgently and to prevent more children from being paralyzed.The steps include conducting large-scale immunization campaigns and strengthening surveillance systems that help catch the virus early. These activities are also being strengthened in neighbouring countries, according to the agency.“We are confident that with a swift response and strong collaboration with the Nigerian Government, we can soon rid the country of polio once and for all,” said Dr. Michel Zaffran, Director of polio eradication at WHO headquarters in Geneva.As recently as 2012, the west African country accounted for more than half of all the polio cases in the world, however since then, Nigeria has made significant strides to stop this dangerous disease. The two new cases are the first ones to be reported after more than two years without any new wild poliovirus cases in the country.WHO added that the two new cases have underscored that reaching the children in affected areas requires vaccinating populations that move in and out of inaccessible areas and areas plagued by violence due to the Boko Haram insurgency, particularly in Nigeria’s north-east.Furthermore, agencies have to work with local-level groups and organizations, such as religious institutions and community based organizations, to negotiate access for vaccination teams.“This is an important reminder that the world cannot afford to be complacent as we are on the brink of polio eradication – we will only be done when the entire world has been certified polio-free,” added Dr. Zaffran.The release also noted that the world is very close to reaching the goal of polio eradication. Only 21 wild polio cases have been reported so far in 2016, compared to 34 cases at the same point last year. Only two other countries are reporting polio: Pakistan and Afghanistan. Four out of the six WHO Regions of the world have been certified polio-free, and only one of the three types of wild poliovirus is still circulating in the world (type 1). read more

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Gold exploration in Africa remains consistent despite downturn

first_imgDespite Africa still being the continent with the lowest per capita gross domestic product, in the first decade of this century all ten of the fastest growing economies in the world were in Africa, and African foreign direct investment rose five-fold between 2001 and 2010 and this sustained growth can be partially at least partially attributed to the commodity market. However as indicated in the State of the Market report on Africa from IntierraRMG, the worldwide fall in exploration activity since October 2011 has been apparent in Africa, where the malaise has been severe since mid-2012.Annual figures have disguised a recent slump in drilling activity with reports in the five months to the end of May dropping to just 250, but with the total drilling activity for the continent increasing last year to an overall 1,240 reports. Despite this recent drop, gold has retained a consistent share of the total; 61% in 2010 and 2011, 56% in 2012 and 65% over the first five months of this year. Drilling reports for African gold peaked in October 20121 at 83 prospects and 80 the following month but dropped to 23 prospects in May.Chris Hinde, Editorial Director of IntierraRMG said “This represented over 85% of the drilling reports for May, with barely any exploration on the continent for other metals (there was a total of only 27 drilling reports). Drilling for copper in Africa slumped to just three reports in May. Reports on copper drilling had reached 18 prospects in each of September 2011 and August 2012, but had fallen to seven prospects in April 2013.”According to the IntierraRMG database of almost 3,500 listed companies, a total of $829 million has been raised since end-May 2011 for exploration in Africa. This financing includes money raised for prospecting, sampling, exploration drilling, resource-definition drilling, surveying and for preliminary metallurgical test work. Money raised for gold exploration dominates the two-year ranking, accounting for almost 57% of the total. Some way behind, the search for copper, coal and iron ore account for only 7.9%, 7.2% and 6.3%, respectively. Given the dominance of gold exploration in the financing objectives, it is no surprise that West Africa accounts for over 41% of the African total. The region is defined for this purpose as Burkina Faso, Liberia, Mali, Senegal, Sierra Leone, Ghana, Guinea, Ivory Coast, Mauritania, Morocco, Niger and Nigeria. A further 18% of the finance raised over the past two years is accounted for by exploration in the four Southern African nations of Mozambique, Namibia, South Africa and Zimbabwe.last_img read more

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TaraOcéans lEquateur refuse les Galapagos aux biologistes

first_imgTara-Océans : l’Equateur refuse les Galapagos aux biologistesL’expédition scientifique Tara-Océans ne pourra pas effectuer de prélèvement autour des îles Galapagos. Les autorités équatoriennes s’y sont vivement opposées. Une première pour la mission internationale d’étude de la biodiversité et des écosystèmes planctoniques.Voilà près d’un an et demi que la goélette Tara sillonne les mers du globe pour récolter des échantillons de micro-organismes planctoniques et de coraux. Pour la première fois, l’équipe de chercheurs se retrouve face à une interdiction catégorique de prélèvement. “En dépit de nos demandes d’autorisation d’échantillonner, formulées depuis le mois de septembre 2010, nous n’avons pas reçu d’accord écrit des autorités équatoriennes, ce qui nous a contraint à annuler l’importante étape scientifique des Galapagos”, explique à l’AFP  Etienne Bourgois, co-directeur de l’expédition. Il ajoute : “Nous sommes profondément déçus par cette incompréhensible fin de non-recevoir affectant notre expédition d’intérêt général. Nous avons le sentiment d’avoir été ‘menés en bateau’ pendant 8 mois par l’administration équatorienne”.À lire aussiPourquoi l’eau des océans est-elle salée ?Cependant, le voilier a quand même accosté sur les îles afin de changer d’équipage pour repartir pour Guayaquil, au sud de l’Equateur. Une fois là-bas, une quantité considérable de prélèvements provenant du Chili et de l’Ile de Pâques ont été déchargés. Environ an et demi après le lancement de l’expédition, Tara a parcouru près de 73.000 kilomètres et s’est arrêté dans plus de cent stations scientifiques différentes pour prélever des échantillons. Selon les porte-paroles de l’expédition : “Cette collecte complète, permettra de mieux connaître la structure des écosystèmes océaniques, l’évolution des organismes qui les composent et leur capacité à s’adapter à des changements environnementaux majeurs. Elle constituera un point de référence pour les générations futures”. La fin du voyage Tara-Océans est programmée pour mars 2012.Découvrez en images l’expédition Tara-Océans en cliquant ci-dessous : https://www.maxisciences.com/tara-oc%e9ans/tara-oceans-une-expedition-scientifique-sur-toutes-les-eaux-du-globe_art14750.html Le 20 mai 2011 à 17:17 • Emmanuel Perrinlast_img read more

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Un quasar de 13 milliards dannées détecté

first_imgUn quasar de 13 milliards d’années détectéUne équipe d’astronomes européens a fait une découverte exceptionnelle. Ils sont parvenus à identifier le plus ancien quasar jamais observé auparavant, peut-on lire dans la revue scientifique Nature.Un quasar est un amas de gaz brillant qui entoure un trou noir supermassif. Jusqu’à présent, le plus vieux détecté par des astronomes datait de 870 millions d’années après le Big Bang. Mais une équipe européenne est parvenue à identifier un quasar encore plus ancien, baptisé ULAS J1120+0641, qui aurait existé lorsque l’univers était âgé de seulement 770 millions d’années. La lumière de ce quasar a donc pris environ 12,9 milliards d’années pour rejoindre notre planète. Celle-ci est alimentée par l’immense trou noir qui se trouve en son centre. Les scientifiques estiment sa masse à deux milliards de fois celle du Soleil, précise Radio Canada.À lire aussiLe grand “boom” entendu par les New-Yorkais proviendrait d’une météoriteLe quasar a été identifié sur des images prises par un télescope infrarouge situé sur le Mauna Kea à Hawaï et le Very Large Telescope (VLT) du Chili. ULAS J1120+0641 serait l’objet le plus brillant jamais détecté au sein du jeune univers en formation. Le quasar est donc très rare et devrait permettre aux astronomes de comprendre comment les trous noirs supermassifs se sont formés. Les théories actuelles admettent que les trous noirs de cette importance prennent des milliards d’années pour se former en attirant la matière qui se trouve aux alentours.Les travaux de cette équipe d’astronomes européens paraissent aujourd’hui dans la revue Nature.Le 30 juin 2011 à 10:12 • Emmanuel Perrinlast_img read more

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