More Foreign Entrepreneurs Are Good For America

first_imgTheoretically, the Trump administration’s immigration policy is based on two core principles: upholding the rule of law and promoting a “merit-based” system that’s good for the economy.So why has the Department of Homeland Security (DHS) just proposed to scrap the International Entrepreneur Rule, a late-Obama program intended to lure the world’s most promising entrepreneurs to create companies and jobs in America rather than elsewhere?The department doesn’t dispute the lawfulness of the program, whose economic benefit is obvious. (Full disclosure: One of us worked for a Republican president and supports this initiative, and the other worked in the Obama White House to implement it.) It would create as many as 300,000 jobs for U.S. workers, it’s been requested by economic development promoters throughout the heartland, and it’s so “merit-based” that only an estimated 0.00004 percent of the world’s population likely would be eligible.Oddly, DHS begins its proposal by saying that it “stands by its previous findings that foreign entrepreneurs make substantial and positive contributions to innovation, economic growth, and job creation in the United States” and that “[f]acilitating investment and innovation in the United States is of great importance to our country’s ability to lead and remain competitive in the global marketplace.”Nevertheless, DHS concludes that the International Entrepreneur Rule must die.First, DHS argues that since the program isn’t a true visa (which only Congress could create), it doesn’t create sufficient certainty for the entrepreneurs and investors who would rely on it. But presumably those entrepreneurs and investors would be the best judges of that, and they have clamored for this program to be enacted.Next, DHS argues that while Congress should create a bona fide “startup visa,” in the meantime entrepreneurs should use other longstanding visa pathways to stay in the United States. Of course, the inaction of Congress and the inadequacy of existing visas are precisely why the International Entrepreneur Rule was developed. And if the Trump administration were sincere in its desire to guide entrepreneurs through existing visa options, perhaps it wouldn’t have taken down just such a website early last year.The final argument is the one that might show us the Trump administration’s real objective: Even though applicant fees would fund the International Entrepreneur Rule, DHS argues it “will not be able to offset the opportunity costs associated with diverting limited agency resources that are needed to meet the current Administration’s priorities.” These priorities include a number of euphemisms for clamping down on legal immigration (“reviewing other existing immigration programs, developing new proposed regulatory changes, and carrying out initiatives to better deter and detect fraud and abuse”).Let’s review: The administration didn’t claim that the International Entrepreneur Rule is unlawful, or that it will destroy American jobs. The only motivations that ring true are an unwillingness to expend any effort to increase immigration, however modestly, and a desire to stay focused on the administration’s major goal of reducing immigration.In pursuit of this latter goal, the Trump administration is not waiting for an act of Congress. (A White House-backed proposal to reduce legal immigration garnered only 39 votes in the Senate earlier this year.) Killing the International Entrepreneur Rule is one relatively small item on an aggressive agenda to deter legal immigrants across the board. Federal agencies have already moved to , ramp up denials of skilled worker visas, and all but eliminate refugee admissions.Next up? Preventing gainful employment for up to 100,000 spouses of H-1B workers (predominantly educated Indian women), curtailing post-graduate training for foreign students with science and engineering degrees, and curbing Chinese student visas. Plus a sweeping new policy to deny green cards to immigrants who used nearly any government benefit over the past several years — or are deemed likely to do so in the future. Departing from a century of precedent, this one regulation could impede millions of immigrants from providing for their U.S. citizen children, block U.S. citizens from sponsoring their parents for green cards and even result in the deportation of lawful permanent residents who have committed no crimes.For generations, presidents of both parties have welcomed legal immigrants to America’s shores, understanding that our nation’s vitality, growth and heritage depend on newcomers with drive, skills and a willingness to sacrifice for their family’s future. The administration’s efforts to unravel those welcoming policies have only just begun.– Rand is the president of Boundless Immigration and the former assistant director for entrepreneurship at the White House Office of Science and Technology Policy. Anderson is executive director of the National Foundation for American Policy.(c) 2018, Bloomberg Opinion Related ItemsStartupsUnited Stateslast_img read more

Car rams men doing yoga, six killed

first_imgA speeding car rammed a group of people doing yoga by the roadside in Rajasthan’s Bharatpur district on Thursday morning, killing six men, police said. The accident occurred on Kumher-Dhanwada highway when the car driver lost control over the vehicle. The group of six men was taking a morning walk and had stopped on the way for a yoga session, Kumher SHO Raghbeer Singh said. Nobody in the group survived. Four men died on the spot and two other succumbed to injuries later, the officer said. The victims were identified as Raghubar Baghel (62), Nirotilal Saini (65), Makhan Lal Kathik (60), Harishankar Tamboli (65), Prem Singh Baghel (55) and Rameshwar Baghel (45), the SHO said.last_img read more

NCAA Season 93’s Best 7: Week 9

first_imgRobredo: True leaders perform well despite having ‘uninspiring’ boss PLAY LIST 02:49Robredo: True leaders perform well despite having ‘uninspiring’ boss02:42PH underwater hockey team aims to make waves in SEA Games01:44Philippines marks anniversary of massacre with calls for justice01:19Fire erupts in Barangay Tatalon in Quezon City01:07Trump talks impeachment while meeting NCAA athletes02:49World-class track facilities installed at NCC for SEA Games LATEST STORIES (2) Gab Dagangon – F, Perpetual Altas21 points, 5 rebounds, 3 assists, 1 steal, 2 blocksLast Week: N/AGab Dagangon. Photo by Tristan Tamayo/INQUIRERPlaying like a team with a purpose, Perpetual Help finally gutted out a 88-82 overtime win over Letran.And the one to anchor the Altas was Gab Dagangon.The senior forward drilled huge buckets in the extra period as Perpetual Help got themselves back into the hunt for a Final Four slot.(3) Javee Mocon – F, San Beda Red Lions10.5 points, 10.0 rebounds, 1 assist, 1.5 blocksLast Week: 1Javee Mocon. Photo by Tristan Tamayo/INQUIRERConsistency is key for Javee Mocon. Last Week: N/ATey Teodoro. Photo by Tristan Tamayo/ INQUIRER.netTey Teodoro did all he could to salvage Jose Rizal University in its classic duel, drilling clutch triples just to keep his team in contention.However, his disqualification in second overtime after picking up his fifth foul took the air out of the Heavy Bombers. He was the fourth player to foul out in the game, as JRU saw they four-game winning streak come to a screeching halt. Hotel says PH coach apologized for ‘kikiam for breakfast’ claim Michael Calisaan. Photo by Tristan Tamayo/INQUIRER.netCall it a redemption game.Thrown out in San Sebastian’s first round meeting against EAC, Michael Calisaan came back with a vengeance as his superb efforts gave the Golden Stags another victory.More importantly, Calisaan’s performance leveled San Sebastian’s record to 5-5 as it gears up against contenders Perpetual and San Beda.(6) Kent Salado – G, Arellano Chiefs17 points, 3 rebounds, 7 assistsLast Week: 5Kent Salado. Photo by Tristan Tamayo/INQUIRERKent Salado chose the perfect time to be at his best as he delivered the dagger buckets in Arellano’s double overtime win over Jose Rizal University on Thursday.The fearless guard almost single-handedly put the game away and diffused the explosive Heavy Bombers.(7) Tey Teodoro – G, JRU Heavy Bombers30 points (6-17 3PT FG), 6 rebounds, 1 assist We’re finally in the second round and it seems like Lyceum and San Beda are just cruising to get the top two spots in the Final Four.But the sense of urgency is palpable for the middle teams, with teams refusing to back down which led to two games this week going to overtime. FEATURED STORIESSPORTSSEA Games: Biñan football stadium stands out in preparedness, completionSPORTSPrivate companies step in to help SEA Games hostingSPORTSBoxers Pacquiao, Petecio torchbearers for SEA Games openingAs always, games are won by the heroes and this are this week’s top performers.(1) CJ Perez – F, Lyceum Pirates View comments Sports Related Videospowered by AdSparcRead Next Celebrity chef Gary Rhodes dies at 59 with wife by his side Lacson: SEA Games fund put in foundation like ‘Napoles case’ Celebrity chef Gary Rhodes dies at 59 with wife by his side Don’t miss out on the latest news and information. MOST READ Robredo should’ve resigned as drug czar after lack of trust issue – Panelo Ethel Booba on hotel’s clarification that ‘kikiam’ is ‘chicken sausage’: ‘Kung di pa pansinin, baka isipin nila ok lang’ With Robert Bolick serving his one-game suspension on Friday, the forward kept San Beda afloat in its 88-70 win against Mapua.Continuously churning out double-doubles through the course of the season, it should be no surprise that Mocon is in the discussion for this season’s MVP race. (4) Prince Eze – C, Perpetual Altas21 points, 19 rebounds, 1 assist, 1 blockLast Week: N/APrince Eze. Photo by Tristan Tamayo/ INQUIRER.netLeading the MVP race to end the first round, Prince Eze picked up where he left off and unleashed another dominant showing against Letran.The Nigerian imposed his will in the paint against the depleted Knights frontline on Thursday.(5) Michael Calisaan – F, San Sebastian Golden Stags19 points, 5 rebounds, 1 assist, 1 stealLast Week: N/A NATO’s aging eye in the sky to get a last overhaul 18.0 points, 9.0 rebounds, 2.0 assists, 1.0 stealsLast Week: N/ACJ Perez. Photo by Tristan Tamayo/INQUIRERBreaking the norm this season, we finally got a player to top this list twice.Against cellar-dwelling foes, CJ Perez’s steady play lifted Lyceum to stretch its unbeaten run to 11 as the Pirates continued to show their dominance.But tougher foes are still out to put the first dent in the Pirates’ armor, with games against Arellano and Perpetual slated in the next two weeks.ADVERTISEMENT GALLERY: UAAP Season 80 opening ceremony With the collegiate season in full swing, INQUIRER lists the week’s top seven performers in the ongoing NCAA Season 93 men’s basketball tournament. From their game statistics to their overall impact in the outcomes, everything is weighed to come up with the best players from the week that was.ADVERTISEMENT For the complete collegiate sports coverage including scores, schedules and stories, visit Inquirer Varsity. Trump signs bills in support of Hong Kong protesterslast_img read more

OnePlus 3: New design, possible AMOLED display, launch on June 14 and everything we know so far

first_imgOnePlus phones have built quite a reputation for themselves. Touted as flagship killers, these phones are synonymous with high-end hardware specs but at more mainstream prices. Quite obviously then, every time the company is gearing up for its next launch there is visible excitement amongst fans and enthusiasts alike. The company is all set to launch its third flagship (and fourth in general) phone, expected to be named the OnePlus 3 soon.Update: OnePlus Founder Carl Pei has confirmed that that OnePlus 3 will launch on June 14. The launch event will be entirely in virtual reality. People will need the OnePlus Loop virtual headset to watch it. Also, one important bit about the OnePlus launch is that it is going to be available for purchase without any invites. This means, open sales.  The company has however remained relatively tight-lipped about the OnePlus 3 as opposed to say last year when it was all gung-ho with teasers around the OnePlus 2.  Company co-founder Carl Pei did spill some beans here and there, but then it was nothing remotely substantial that would give the OnePlus 3 away.Having said that, you just can’t stop rumour mills, can you? Leaks and rumours about the OnePlus 3 have been doing the rounds of the world wide web for quite some time now, leading us to construct what could eventually be ‘the’ OnePlus 3. Here’s a lowdown.DesignThe OnePlus 3 will follow a new design scheme. This is not a rumour, but a genuine fact coming straight from the mouth of company co-founder Carl Pei who has gone on record to say that the OnePlus 3 will feature a new design, different from its current-generation flagship phones. According to Carl Pei, the OnePlus 3 design will captivate users just as the company’s first phone, the OnePlus One did when it was launched in July 2013.advertisementAlso read: OnePlus 3 concept images show off new design, camera shutter button The OnePlus One brought in a characteristic ‘sandstone finish’ design, and the OnePlus 2 followed suit. But, at the periphery both these phones were plastic with an outer frame made of metal. Now that phones like the Xiaomi Mi 5 have gone all glass and metal, it would be interesting to see if OnePlus goes the all-metal way with the OnePlus 3 or not.Features like a fingerprint scanner and USB Type-C port standard are expected to continue although some reports suggest that the OnePlus 3 may ditch the fingerprint scanner in favour of an iris scanner. Addition of an iris scanner would invariably increase production cost, something that the company would like to avoid if it wants to sell the phone at an aggressive price.DisplayThe OnePlus 3, much like the OnePlus One and the OnePlus 2 will most likely come with a 5.5-inch FullHD display with a 1920×1080 pixels resolution. Some reports suggest that the OnePlus 3 could have a 5-inch variant, but that would put the OnePlus X in a tight spot. Therefore, the chances of that happening appear slim.Updated: There are reports that the OnePlus 3 will come with AMOLED display, similar to what you get in Samsung’s top Galaxy phones.   Also read: OnePlus X review: Third time is not the charm SoftwareThe OnePlus 2 shipped with Android 5.1 Lollipop-based OxygenOS which is the company’s custom skin on top of Google’s Android OS. Now that the team behind the OxygenOS is ready with the Marshmallow version of the ROM, the OnePlus 3 in all probability will ship with OxygenOS based on Android 6.0.1 Marshmallow out-of-the-box.Also read: OnePlus 2 review: The dark knight returnsProcessor and storageThe OnePlus 3 will most definitely be powered by Qualcomm’s current-generation flagship Snapdragon 820 processor. Multiple reports suggest that the phone would come in two variants: 4GB RAM and 32GB memory, and another 6GB RAM and 64GB memory. There have been some rumours going around saying that there could be a third variant in store, possibly carrying 128GB of memory.Also read: OnePlus 3 benchmark listing confirms Snapdragon 820, 16MP camera CameraThe OnePlus 3 is said to sport a 16-megapxiel camera on the rear and an 8-megapixel camera on the front. We can expect Optical Image Stabilisation and fast focus capabilities in the phone.BatteryRumour has it that the OnePlus 3 will come with a 3,500mAh battery inside which if it were to be true would be bigger than what the OnePlus 2 has to offer (3,300mAh). Moreover, the phone is said to include Dash Charge, a home-brewed technology that would take on Oppo’s VOOC and Qualcomm’s Quick Charge. To recall, even though the OnePlus 2 was powered by Qualcomm’s Snapdragon 810 processor, it did not support Quick Charge.Also read: OnePlus 3 rumours: 3,500mAh battery, Dash Charging and more advertisementPrice and availabilityOnePlus will launch the OnePlus 3 at the end of the second quarter, which means sometime in June. While the 4GB of RAM and 32GB of internal memory variant will reportedly cost $308 (roughly Rs 20,500), the 6GB of RAM and 64GB memory is said to be priced at $385 (roughly Rs 25,614).Also read: OnePlus 3 to come with two variants, 6GB RAM and morelast_img read more

Malaysian GP: Daniel Ricciardo leads Red Bull one-two as Lewis Hamilton retires

first_imgDaniel Ricciardo claimed an elusive maiden win of the season at a dramatic Formula One Malaysian Grand Prix on Sunday, the Australian handed victory when a race-leading Lewis Hamilton retired with a blown engine.Ricciardo was shadowed across the line by his 19-year-old Red Bull team mate Max Verstappen, a result that gave the former champion team a first one-two finish since the 2013 season-ending Brazilian Grand Prix in their dominant heyday.Nico Rosberg finished third for Mercedes, fighting back from 21st after being spun around by Sebastian Vettel at the start and also collecting a 10-second time penalty for causing a collision with Kimi Raikkonen in the other Ferrari.The result prevented Mercedes from wrapping up a third straight constructors’ title at the home race for title sponsor Petronas but allowed Rosberg to extend his championship lead over team mate Hamilton to 23 points with five races remaining.The Briton, who kept clear of the chaos unfolding behind him to build on a dominant pole, was comfortably on course to score a 50th career win when his engine exploded in a burst flames, with 16 circuits of the 56-lap race to run.”I just can’t believe that there are eight Mercedes cars and only my engines are the ones that have been going this year,” the 31-year-old triple world champion, who also suffered a series of reliability woes earlier this season, told reporters.”Something just doesn’t feel right but there’s nothing I can do about it.”These next five races, I know me and my mechanics have got it in us but who knows what those next engines that I have are going to do,” the visibly disappointed Briton added.advertisement’SHOEY’ CELEBRATIONRicciardo, who lost a certain victory to his Mercedes rival at the Monaco Grand Prix in May due to a bungled pitstop, was more than happy to accept his good fortune in Malaysia.”It obviously went the other way at Monaco, so I’ll take this today,” Ricciardo said after marking his fourth career win by drinking champagne from his boot in his now famous ‘shoey’ celebration.”No hard feelings to Lewis but I’ll definitely take the win,” added the Australian, who last won at the 2014 Belgian Grand Prix and had claimed four podiums in the last five races.There was no evidence of the misfortune that would befall Hamilton at the start when the Briton pulled clear from pole, keeping the lead off the line ahead of his team mate and through the first corner.Behind him, though, there was a tremendous battle for position with Verstappen and Vettel fighting for the same piece of road only for the Ferrari to tag the back of Rosberg’s Mercedes that pushed the championship leader into a spin.The damage from the collision broke Vettel’s suspension, ending his race immediately, and prompting the first of several virtual safety car periods.From that point on the race was finely poised strategically with Verstappen initially gambling on a two-stop strategy as Hamilton and Ricciardo opted for one less tyre change.The Red Bull pair engaged in a lively tussle of their own in the second half of the grand prix, racing side-by-side before Ricciardo gained an advantage, until they both pitted one last time after Hamilton’s retirement.Raikkonen finished fourth for Ferrari after battling Rosberg for the final podium spot, the Finn unable to take advantage of the penalty handed to his rival after the German clattered into him while overtaking.last_img read more

Ranking the Week 2 fantasy performances of Big 12 QBs

first_imgIf you’re looking for the comments section, it has moved to our forum, The Chamber. You can go there to comment and holler about these articles, specifically in these threads. You can register for a free account right here and will need one to comment.If you’re wondering why we decided to do this, we wrote about that here. Thank you and cheers! USATSI_8070268_154512258_lowresWelcome to the Week 2 edition of the Big 12 Fantasy Quarterback Rankings.Before we jump in and get started, let me give you a quick refresher on the way points are accumulated. As I noted last week, these are the standard scoring rules for ESPN’s fantasy football.Every 25 Passing Yards: +1Touchdown Pass: +4Interception: -2Every 10 Rushing Yards: +1Rushing Touchdown: +6Fumble: -210. Trevone Boykin, TCU: OFFBoykin was a surprise in week one, earning Big 12 Offensive Player of the Week honors in a win over Samford. He and the Horned Frogs were off in Week 2, so it’s yet to be seen if he can recreate that sort of magic.Proceed with limited expectations, however, as he’s still largely unproven and potentially part of a two-quarterback system.9. Tyrone Swoopes, Texas: 9 PointsPassing: 20/31, 176 yards, 1 TD, 1 INTStarting in place of injured David Ash, Swoopes and the Longhorns were absolutely throttled by BYU on Saturday. He and his team have faced a lot of media scrutiny in the days following, and some Longhorn fans are already calling for the hyped-up freshman Jerrod Heard.Swoopes looks to again get the nod this weekend, but another 41-7 thrashing may be in order, as they face no. 12 UCLA. (I haven’t completely written off the idea Charlie Strong will just kick Swoopes off the team if his performance is bad enough. You know…because he can.)8. Sam B. Richardson, Iowa State: 12 PointsPassing: 21/30, 185 yards, 1 TD, 1 INT Rushing: 12 carries, 32 yardsRichardson and the Cyclones nearly pulled off a stunning upset on Saturday, dropping a nail-biter to Kansas State on a late touchdown run from Jake Waters (more on him later.)While Richardson’s individual statistics weren’t fantastic, he earns respect points for having his team in a position to win—and on the bright side, this was a much better performance than he had in Week 1.7. Daxx Garman, Oklahoma State: 17 PointsPassing: 16/26, 244 yards, 2 TD, 0 INTTaking over for injured JW Walsh early in the game, Garman showed flashes of what Cowboy fans have been drooling over since he arrived on campus. While Walsh was putting together a decent day before injury, Garman was able to make plays down the field that are non-existent with Walsh at the helm.He lacks the mobility to torch defenses on the ground (and loses fantasy points Walsh easily picks up), but his arm is the real deal Holyfield.Differing reports have Poke fans unsure of who starts this weekend, but if it’s Garman, expect yards and touchdowns aplenty (I hope.)6. Montell Cozart, Kansas: 19 PointsPassing: 12/24 196 yards, 3 TDCozart and the Jayhawks got up big on SE Missouri State in Saturday’s contest, and all seemed right for Jayhawk nation. Then Kansas realized they are Kansas, let off the gas pedal and allowed the Redhawks to storm back and nearly score the upset.Cozart wasn’t extremely effective on Saturday, but his three scores were a major plus for Kansas. If he can get his accuracy in check, things could be looking up…but I doubt it.5. Davis Webb, Texas Tech: 25 PointsPassing: 17/31 278 yards, 3 TD Rushing: 3 carries, 20 yardsWebb and the Red Raiders got a win on Saturday, but again scared the fan base in the process. In a narrow 30-26 win over UTEP, Webb was inaccurate in stretches and barely did enough to squeak out a victory against the overmatched Miners.He and the Red Raiders get a visit from the SEC’s Arkansas this weekend, and Webb must be better to win this one. If he’s not, Baker Mayfield can expect many hand-written letters in his mailbox next week. “We miss you, Baker. We miss you…”T-3. Trevor Knight, Oklahoma: 28 PointsPassing: 21/34 299 yards, 2 TD Rushing: 5 carries, 35 yards, 1 TDKnight looked a considerable amount sharper in week 2, as Oklahoma destroyed Tulsa 52-7. His most impressive play of the day came on a 31-yard touchdown scamper, andSooner fans must have enjoyed him not turning the ball over this week. USATSI_8068368_154512258_lowresIn all fairness, the Golden Hurricanes looked terrified from the very beginning and any quarterback SHOULD have had a field day…but I will give the credit where it is due. Nice week from Knight.T-3. Clint Trickett, West Virginia: 28 PointsPassing: 35/40 348 yards, 2 TD Rushing: 3 carries, 14 yards, 1 TDTrickett followed up week one’s solid performance with yet another doozy. He completed 35 of 40 attempts in West Virginia’s 54-0 drumming of Towson, tossing two scores and adding another on the ground.Trickett seems to be thriving in Dana Holgorson’s offense, and his hypothetical fantasy stock is rising by the week thus far. Look for this to continue.2. Jake Waters, Kansas State: 34 PointsPassing: 16/29 239 yards Rushing: 20 carries, 138 yards, 2 TDFirst of all, it should be noted that Waters and the Wildcats nearly blew what should have been an easy one. Facing Iowa State, it took all of Waters’ 138 rushing yards to put this one away. That said, this was another fine fantasy day for last week’s No. 1 Big 12 fantasy quarterback.As rushing yards and scores make a huge impact on the fantasy points, Waters should find himself near the top of this list on a weekly basis. But let’s wait until later to give him the crown, OK? He and the 19th ranked Wildcats host No. 5 Auburn in Waters’ next game on Sep. 18.1. Seth Russell, Baylor: 43 PointsPassing: 16/25 438 yards, 5 TD Rushing: 1 TDNo Bryce Petty? No problem! (At least for one week…)Russell and the Bears ran roughshod over Northwestern State on Saturday, easily scoring the 70-6 victory. While Petty is expected to step back in to the starting role for Friday night’s game against Buffalo, Art Briles must be excited with the week his backup had.Sure the competition wasn’t Grade-A, but 438 yards and five scores through the air is nothing to shake a stick at. Russell earned the top spot on the list this week.Totally Tickets is your source for Oklahoma State football tickets.last_img read more

Trouble in paradise? PSG fail to defuse fallout from Cavani and Neymar spat

first_imgEuropean club football features Share on LinkedIn Read more Read more MCN to LOL: the new super forward lines set to dominate the Champions League Unfortunately for him, it was already too late. Within hours of the final whistle, the rumours were already swirling as newspaper reports suggested that the pair had to be separated by team-mates in the dressing room after the match, with Cavani then eschewing his press duties in the mixed zone and sneaking out of a back entrance less than 20 minutes after the match had ended.Later that evening, sharp-eyed observers of the Brazilian’s Instagram account pointed out that a picture of him celebrating one of the goals against Lyon with Kylian Mbappé and not the other member of the new “NMC” super strike-force, Cavani, was evidence that this was serious. That appeared to be confirmed the following day when Neymar committed the ultimate form of disrespect in the modern world: he unfollowed his team-mate.As the days passed, more rumours began to emerge of the incident’s destabilising effect on the PSG squad. The Catalonia-based newspaper Sport even went as far to suggest that Neymar informed Khelaifi “that his coexistence with Cavani is totally impossible and he has asked for the transfer of the Uruguayan striker”.PSG attempted to play down the incident as they posted pictures of the duo in training at their Camp des Loges base, with Emery happily reporting that Alves had taken it upon himself to organise a dinner for the whole squad at an exclusive restaurant near the Arc de Triomphe the previous evening. “It’s very important for the players to have lunch or dinner all together because they can talk to each other outside the training session,” he said. “I love this state of mind.”Yet Neymar’s withdrawal from the weekend meeting with Montpellier the following day citing a toe injury hinted that things were still not resolved. A 0-0 draw at Stade de la Mosson against a defence marshalled by the 40-year-old Brazilian Hilton saw PSG drop their first points of the season, although there was worse to come.At lunchtime on Sunday, a report by the respected journalist Diego Torres was published by El País which claimed Khelaifi had offered Cavani the bonus to persuade him to relinquish penalty duties for good. But perhaps even more damaging were the claims that the dinner organised by Alves had been “as animated as a funeral wake”, with the majority of the squad said to have sided firmly with Cavani since Neymar’s arrival in Paris. Share on Facebook Reuse this content Neymar Read more It all started 11 minutes from the end of the Ligue 1 fixture against Lyon on 17 September. An own goal from Marcelo had finally broken the deadlock as PSG searched for a sixth successive league victory to start the season when the home side were awarded a penalty. Having previously seen Dani Alves remove the ball from his hands as he prepared to take a free-kick in the first half, Cavani was carefully placing the ball on the spot when his path was suddenly blocked by Neymar.A few brief words were exchanged, with reports in Spain later suggesting that the Uruguay striker – who had missed just twice in 16 previous attempts in Ligue 1 – allegedly responded angrily by saying, “And who is this? Do you think you’re Messi?”Of course, Cavani ended up being denied by a brilliant save from Anthony Lopes before PSG went on to seal a 2-0 victory. Despite Unai Emery’s best attempts to defuse the situation, however, the fallout was only just beginning.“I have told them to sort it out between themselves,” said Emery after the game. “The penalties are to be taken by a few players, one is Cavani and the other is Neymar. It takes a gentleman’s agreement on the pitch. If there is no agreement, I will decide. I do not want it to be a problem for us.” “The list included Di María, Pastore, Matuidi, Moura, Draxler, Ben Arfa, Aurier and Thiago Silva,” read the report. “Some are among the team’s most influential players in recent years and the message [sent by the club], according to one source, was dishonourable. It consisted of informing the players that, because of the signing of Neymar, the club was in need of selling them to obtain income and thus to balance accounts, according to the rules of financial fair play.“French international Blaise Matuidi, one of the leaders of the group, was hurt and forced his transfer to Juventus for only €20m. His course sowed discouragement. To a greater or lesser extent, all members of the staff felt treated as merchandise in exchange for opening a gap to Neymar.”The story was clearly an embarrassment for PSG, who moved swiftly to dismiss the bonus claim as they prepare for the biggest game of the season so far, against Bayern. Pressed on the subject on Tuesday, Emery insisted the disagreement had been resolved.“I have talked to both. They’ll know what to do when they are on the field,” he said, before hinting that exterior forces may have been at play in escalating the crisis. “If people talk about PSG a lot, it’s because this is one of the best teams in Europe, and in the world. That’s why we have more enemies now. They can see that this team is serious, and that with the players we bought this year and in the previous years, we have made a step forward to win the Champions League.”Yet while that dream could still be achieved by a squad which on paper looks a match for anything the rest of Europe has to offer, you get the feeling that we have not heard the last of this particular spat.center_img Share via Email Topics Share on WhatsApp Neymar to PSG: how money and Lionel Messi led to the sale of the century Share on Twitter The Fiver: the Guardian’s take on the world of football Ligue 1 As club statements go, the 19 words Paris Saint-Germain released to the newspaper Le Parisien on Monday to deny a claim that Edinson Cavani had been offered a €1m bonus to step aside from penalty duties in favour of the world-record signing, Neymar, was pretty extraordinary. “PSG formally denies reports which say Cavani would abandon penalties in exchange for the automatic payment of a bonus,” it read.Trouble in paradise? It certainly seems that way. Just 50 days after PSG’s president, Nasser al-Khelaifi, predicted the €222m transfer of the Brazil forward from Barcelona “will bring a very positive energy to this club”, the atmosphere at the Parc des Princes has already turned decidedly sour as they prepare to face Bayern Munich in their Champions League group on Wednesday. Share on Pinterest Share on Messenger Paris Saint-Germainlast_img read more

TFACT Super League Finals wrap-up

first_imgFirst published on Touch Football ACT.The 2018 Super League Finals series was held at Greenway Oval for the first time in the competition’s history. The venue had an NTL-like atmosphere with the grandstand watching over field 1. With rain pouring days earlier, the playing surface was in perfect condition as Canberra’s elite went head-to-head for the title.Women’sThe first games of the day were the Women’s Semi Finals, which saw Tuggeranong Vikings defeat Gungahlin Cats (12-4) and underdogs Woden Eagles defeating Canberra City Bears (7-3) to progress into the 2018 Women’s Super League Grand Final.Tuggeranong Vikings were 2017 Champions, and were hungry to go back-to-back in 2018, however the Vikings team were without Australian Youth representative, Elise Wilson, due to injury. With Wilson out, the Vikings were happy to welcome back Kimberly Grant after having her second child. The first half was the best 20 minutes of touch the Woden Women have produced all season. Eagles #13, Eilish Winbank, scored a double in the first half with a long-range touchdown winning the footrace, with Vikings hot on her heels. The Vikings Women’s led at half-time 5-4, and coach Chris Tarlinton was pleased with their efforts, yet pushed the girls for a bigger second half against Eagles. Tyra Peterson and Ngawai Eyles kept their try-scoring momentum going in the second half, with a double each. Towards the end the Woden Eagles were outnumbered due to several players missing, and injured and Vikings took advantage of their 14 players and substituted strongly to finish the game 11-4.Referees of the Final: Jack Van Lohuizen, Michael Halling & Sarah RichardsScore: Tuggeranong Vikings (11) defeated Woden Eagles (4).Player of the Final: Kasey Dragisic (Tuggeranong Vikings)Men’sThe 2018 Men’s Super League Grand Final was a 2017 repeat after Tuggeranong Vikings defeated Woden Eagles (7-3), and Northern Phoenix defeated Gungahlin Cats (12-7).Both Vikings and Phoenix finished on 24 points on the ladder and nothing could separate them leading in the final. Everyone was in the grandstand ready to watch the grudge match and 2017 Men’s Final repeat. From the first tap, Phoenix were on fire. The Phoenix’s more experienced players, Ben Hughes and Cam Stanley, led from the front, with the youth players following. Fan-favourite Ben Wylie was outstanding for the Vikings and was the X-factor for the Red V. Half-time could not have come quickly enough for the Vikings. Their coach, Doug Witt, was telling his team to go back and execute what they had trained for all season. The Phoenix coach, Steve Hughes, was pleased with his team’s performance at half-time as they led 6-1.The Vikings came back in the second half, with individual brilliance by Eddie Jones and Wyle. Phoenix #30 Ben Hughes was having a field day, scoring 3 touchdowns and #4 James Hawke scoring a double. Once the siren went off, the Phoenix team celebrated after regaining the trophy and beating their rivals in a spectacular Grand Final performance.Referees of the Final: James Steinberg, Mitch Kennedy, Josh Thomas-SchumacherScore: Northern Phoenix (9) defeated Tuggeranong Vikings (5).Player of the Final: James Hawke (Northern Phoenix)2018 Super League Club Champions: Tuggeranong VikingsA massive thank you and congratulations must go to all 2018 Super League players, coaches, referees on a great season.last_img read more

ICAP, Howe Robinson in Merger Talks

first_img“We are already seeing some benefits of our restructuring programme, although the bulk of the cost savings from it will come through in the second half of the year.  Our Global Broking business has been broadly reshaped to reflect the structural changes taking place in the market place.“Howe Robinson, established in London in 1883, ha grown into one of the largest privately owned dry-cargo and containership broking houses in the world, with a global network of 6 offices, employing over 150 employees.ICAP Shipping took the stage in the ship-broking sector in 2007 with the acquisition of JE Hyde, followed by the purchase of Capital Shipbrokers the following year.Press Release; Image: Howe Robinson zoom ICAP plc revealed that it is in discussions to combine its shipbroking arm ICAP Shipping with London-based counterpart Howe Robinson Group Pte Ltd.The newly formed ship-broking company is expected to be operational in the second quarter of 2015, ICAP said.As explained, the combined entity will be “well placed to meet the aspirations of its staff and to attract top class talent from across the industry.” “Howe Robinson and ICAP Shipping are highly complementary in terms of products and geographies. The combined entity will be able to better service the diverse needs of clients operating across multiple locations and market segments, now and in the future,” the company said.ICAP Group’s  revenue decreased by 9% on a constant currency basis (15% on a reported basis) to £620 million, as indicated in half year results.Michael Spencer, ICAP Group Chief Executive Officer, said: “Our first half results reflect a market environment that has remained relatively fragile; despite this, we are cautiously optimistic that we have started to see some welcome signs of activity and more positive sentiment returning in recent weeks. Having experienced multi-year lows over the past year, FX volatility recovered in September and continued into October with EBS recording its highest trading day in three years on 31 October with traded spot volume of $250 billion. Meanwhile, in October BrokerTec had record single day US Treasury volumes of $471 billion.”last_img read more

Samskip Cleared to Acquire Nor Lines

first_imgzoom The Norwegian Competition Authority has approved the proposed acquisition of Norwegian shipping firm Nor Lines by Rotterdam’s transportation company Samskip. “The Norwegian Competition Authority has found that Samskip’s acquisition of activities associated with Nor Lines AS would not result in a significant impediment to effective competition,” Gjermund Nese, Director Market Monitoring Department, said.Last month, Samskip agreed with the DSD Group to acquire the activities of Nor Lines to expand its shipping, transport and logistics businesses in Norway. This will generate an average annual turnover of EUR 110 million (USD 132 million).The transaction is expected to be completed in the next few days.“We are very pleased that the Norwegian Competition Authority has cleared the Nor Lines takeover. It represents a major opportunity for Samskip; a natural but significant extension of our shipping and logistics activities in Norway,” Ásbjörn Gíslason, Chief Executive Officer, Samskip Logistics, commented.Samskip’s presence in Norway has been significantly strengthened over the past years through internal growth and several acquisitions.last_img read more

Hry Two more INLD MLAs one Independent joins BJP

first_imgChandigarh: In another setback for the Indian National Lok Dal ahead of the Haryana Assembly polls, two more party MLAs besides one Independent legislator joined the ruling BJP in Haryana on Monday. INLD’s Ram Chander Kamboj, MLA from Rania assembly segment in Sirsa district, who had recently resigned from the party and Naseem Ahmed, legislator from Firozpur Jhirka, joined the BJP fold. Independent MLA from Saffidon, Jasbir Deswal, who has been supporting the BJP, too joined the ruling outfit in the presence of Chief Minister Manohar Lal Khattar and State unit chief Subhash Barala. Also Read – Uddhav bats for ‘Sena CM’Notably, Naseem Ahmed had switched over to the Congress, days before general elections were held for the 10 Lok Sabha seats in Haryana in the sixth phase on May 12. However, he had not resigned from his parent party INLD then. All the three legislators have joined the BJP “unconditionally”, Barala said. A few days back INLD’s Ratia MLA Ravinder Baliala had joined the saffron party along with Jagdish Yadav, a former Haryana minister. The INLD has been decimated since it split last year over a feud in the Chautala family and several members switched over to the BJP.last_img read more

Higher taxes for foreign investors from April 1

first_imgMumbai: Changes in the SEBI listing and prevention of insider-trading regulations, revisions in the double-taxation avoidance agreements (DTAAs) with Mauritius and Singapore are set to come into effect from April 1. The changes in DTAAs give India the right to tax capital gains arising on Indian equity shares sold by a Singapore or Mauritian resident All this may also help improve corporate governance standards for the listed companies in India. Also Read – Thermal coal import may surpass 200 MT this fiscal Indian financial markets recently saw several cases of high volatility in companies, like Sun Pharma, DHFL and IL&FS, which created panic among retail investors. In all these, the role of the board came under lens. The modifications in the listing agreement will improve corporate governance by making relevant changes in the organisation of the board. Among the key regulations, which will come into effect, are that the top 1,000 listed companies will be required to have at least six directors on their board against three, prescribed by the Companies Act 2013. Besides, the top 500 will also need to have at least one independent woman director. Also Read – Food grain output seen at 140.57 mt in current fiscal on monsoon boost Also, a director can hold that position in not more than the eight listed entities, while an individual will not be permitted to be independent director in more than seven companies. A detailed explanation will be required if an independent director resigns before completion of the term. The Securities and Exchange Board of India (SEBI) has also amended insider-trading regulations. As per the amendment, the definition of unpublished price sensitive information (UPSI) has been narrowed, allowing listed companies to share such information for board-determined legitimate purposes, but only if the disclosure is in the best interest of the company. While UPSI will help check insider-trading, the SEBI regulations have permitted flexibility by allowing block trade between insiders or between related parties within a company sharing same UPSI. The changes will also keep transactions undertaken due to a regulatory obligation and exercise of stock option at a pre-determined price out of the ambit of insider-trading. The new requirements with relation to SEBI regulations will also apply to intermediaries like auditors, accountancy firms, law firms, analysts and consultants. They’ll have to put in place internal controls to check insider-trading. Additionally, the concessional tax regime for investors under the earlier DTAAs for making investments into India via Singapore and Mauritius will cease to exist from April 1. India amended DTAAs with Singapore and Mauritius in 2016. It gave India the right to collect tax on capital gains arising on Indian equity shares sold by a Singapore or Mauritian resident.last_img read more

UN officials pay tribute to brave work of peacekeepers on anniversary

29 May 2008United Nations officials today marked the International Day of UN Peacekeepers by voicing gratitude for the work that blue helmets do every day in dangerous missions worldwide and mourning those who have fallen in service during the past six decades. “Peacekeeping has developed into a flagship enterprise of our Organization,” Secretary-General Ban Ki-moon said in an official message to mark the Day, which celebrates the sixtieth anniversary of the establishment of the first UN peacekeeping mission.More than 110,000 uniformed personnel from 115 countries currently serve in 20 operations around the world, and Mr. Ban said he has observed first-hand in his travels over the past year the impact the military troops and police officers have in countries trying to rebuild after war.“I have seen refugees returning home, children heading back to school, citizens once again secure under the rule of law. I have seen whole societies moving, with the help of the peacekeepers, from devastation to rejuvenation.”The Secretary-General noted that peacekeepers perform an array of tasks well beyond any narrow definition of their job, including training police, supporting elections, building bridges, repairing schools, protecting women from sexual violence, disarming ex-combatants and helping flood victims.“Thanks to their efforts, life-saving humanitarian assistance can be delivered and economic development can begin.”In his message, General Assembly President Srgjan Kerim lauded “the professionalism, dedication and courage” of the peacekeepers. He noted that the UN has recently approved the establishment of two new missions – in Sudan’s Darfur region (UNAMID) and in the neighbouring countries of Chad and the Central African Republic (MINURCAT).Mr. Kerim said the demands of UN peacekeeping had become so complex over the years that it was necessary last year to set up the new Department of Field Support.“Our job in the General Assembly is to support the peacekeepers in political, financial and logistical aspects, so that they can get their jobs done on the ground,” he said.In a taped message, the UN Messenger of Peace and actor-director George Clooney said the world owed the peacekeepers a debt of gratitude for the work they do.“These brave men and women go to place where few others will and risk their lives for peace,” he said. “I am proud to continue my work with the UN to remind those in the United States and around the world that peace is not easy and, like war, must be waged.”Under-Secretary-General for Peacekeeping Operations Jean-Marie Guéhenno, in remarks to a wreath-laying ceremony at UN Headquarters in New York, stressed that the UN cannot meet the demands on its own.“We must build strong partnerships to ensure that we can move from providing initial security to rebuilding shattered societies,” he said. “Our real impact on the ground will determine the support we have from the people we serve, and that, in the end, is the core of the United Nations.”At least 2,400 peacekeepers have died in service since 1948 and last year alone 90 people lost their lives, Mr. Guéhenno noted.“We pay tribute to their sacrifice and dedication in pursuit of the noble goals of the United Nations.”Later, he told a press conference that it was important that UN peacekeeping operations always be established under clear mandates and with strong support from Member States so that the incoming mission is not viewed as another party to the conflict.“We may become the victim of our own success if peacekeeping is seen as the instrument that can be applied to any situation. That can be very dangerous… We must not succumb to the illusion that military deployment could substitute for a solid political process.”Under-Secretary-General Susana Malcorra, head of the Department of Field Support, stressed it was vital to lay the groundwork for any peacekeeping mission so that resources can be mobilized rapidly to deal with potentially fast-moving situations.In other events to mark the Day, ceremonies, multimedia exhibitions and other events have been staged today at UN offices around the world, including in Geneva, Cyprus, Kenya, Lebanon, Liberia, Sudan, Thailand and Timor-Leste. Messages of support for peacekeepers have also poured in from outside the UN, including from the European Union and the African Union. read more

10 chocolate products which have quietly become smaller or more expensive

first_imgIt hasn’t been a year for good news, and chocolate-lovers are in for even more of a blow. Brands have been quietly shrinking the size of bars and packets because the ingredients to make chocolate are getting more expensive.This has become known as ‘shrinkflation’, and even though chocolate bars may not be more expensive, brands are compensating for the rise in ingredient prices by shrinking the sweet treats.Here is a look at some recent examples of chocolate shrinkage.1. Terry’s Chocolate OrangeMany of us are used to tapping and unwrapping these at Christmas, ready to get our hands on the plump segments of orange-flavoured chocolate. However, consumers are now met with a sad sight — the segments have been “hollowed-out” and are but a shadow of what they used to be.The treat, first manufactured in York in 1932, has been reduced from 175g to 157g in weight — a cut of 10 per cent — prompting outrage among its fans.Mondelez took over production of Terry’s Chocolate Orange in 2012, moving its production to processing plants in Poland.It has not commented on the “shrinkage” of Terry’s Chocolate Orange.2. TobleroneIf you haven’t heard of the shocking new change to the Toblerone bar, you’ve probably been living under a rock.Mondelez International has increased the gap between the peaks as a UK-only cost-saving measure to reduce the weight of its bars. Want the best of The Telegraph direct to your email and WhatsApp? Sign up to our free twice-daily  Front Page newsletter and new  audio briefings. The new #Toblerone.Wrong on so many levels. It now looks like a bicycle stand.#WeWantOurTobleroneBack. pic.twitter.com/C71KeNUWF1— James Melville (@JamesMelville) November 8, 2016 Cadbury The company, which also owns Cadbury, said the move was down to the rise in the cost of ingredients, and denied it was a result of Brexit.In a statement on the Toblerone Facebook page, the company said: “We had to make a decision between changing the shape of the bar, and raising the price.”We chose to change the shape to keep the product affordable for our customers, and it enables us to keep offering a great value product. it had to make a decision between changing the look of the bars or raising their price.”3. Maltesers Bags of the chocolates appear to be 15 per cent lighter, and sold for the same price. Thnx to the #Toblerone scandal- these new hollowed Terry’s Chocolate Orange segments have slipped under the radar. Is any chocolate safe? 😩 pic.twitter.com/BTjRzgvbhT— DylaN s© (@stew_sc) November 21, 2016 Quality Street Credit:Cadburycenter_img Quality StreetCredit:whiteboxmedia limited / Alamy In a statement, Burton’s said that the new, smaller packs were rolled out last year “responding to consumer demand”, along with a larger, 171g “sharing pack”. The company said that the recommended price of the packs had been reduced from £1.99 to £1.79 – though it remains up to supermarkets if they adopt new pricing.“We firmly believe that the variety of pack sizes for different occasions offer consumers the best value for money for a great quality product. Whilst we can’t comment on retailer pricing, our data shows that the price has significantly fallen since the introduction of the new sizes”, a spokesperson said.6. Creme Eggs Mars told The Telegraph:  “Like all chocolate manufacturers, we have seen the cost of raw materials rise and, while we try to absorb these pressures as much as possible, sometimes we have to make the difficult decision to reduce the size of some of our products so our consumers can continue to enjoy an affordable treat.”Our focus is always on offering consumers our great tasting, high quality chocolate brands at the best value for money.”4. Quality Street  Nestlé cut the standard tin from 1kg to 820g, while keeping the price at £5, in 2012.Then, in 2014, consumers got  just 780g (wrapped weight) for £5.Last year, in 2015, customers accused Quality Street of shrinking the tin yet again, a claim the company denied.A Nestlé spokesman said: “This image does not compare like for like.”As well as the 780g tub pictured, we also have a 1.3kg tin available which lovers of Quality Street might like to try this Christmas.”We want to give the best possible value for money and we believe that this product is still extremely competitive.”5. Cadbury FingersIn 2015, the size of packs of Cadbury Fingers shrank by 11g, which equates to around two fingers, to a new weight of 114g, the Daily Mail reported.Although labelled as a Cadbury product, Fingers are made under license by a Saint Albans-based company, Burton’s Biscuit Company. Over a billion of the biscuits, which were launched in 1951, are consumed in the UK every year. Forget #Marmitegate, it’s #maltesersgate as Mars are reducing pack sizes again(!) 121g down to 103g. pic.twitter.com/TtQoHzrtl0— Steve Dresser (@dresserman) November 17, 2016 Freddo chocolate bars, the little frog-shaped treat, are set to rise in price to 30p.Food conglomerate Mondelēz is due to hike the price by 20% as a “last resort” to “keep favourite brands on the shelf”.This comes after they controversially changed the shape of some Toblerone  bars so they contain less chocolate for the same price. A spokeswoman said: “Increasing prices is always a last resort, but to ensure we can keep people’s favourite brands on shelf and look after the 4,500 people we employ in the UK, we are having to make some selective price increases across our range.” Not only were Creme Egg fans dismayed when Kraft Foods stopped using Cadbury’s Dairy Milk for the shell, and instead started using a “standard cocoa mix chocolate”, in 2015 they also reduced the number of Creme Eggs in a pack.The size went down from 6 to 5.A spokesman for Mondelez, Kraft’s confectionery division, told The Sun: “It’s no longer Dairy Milk. It’s similar, but not exactly Dairy Milk. We tested the new one with consumers. It was found to be the best one for the Creme Egg, which is why we’ve used it this year.”The Creme Egg has never been called the Cadbury’s Dairy Milk Creme Egg. We have never played on the fact that Dairy Milk chocolate was used.”7. TwixIn 2012, Mars, Inc. (who make Twix) announced a 250 calorie cap on all single-serve confectionary by the end of 2013. The result is that many of their products have now been downsized to meet these requirements. Twix have been cut down from 58g to 50g, marking a 14 per cent reduction.8. SnickersAnother of Mars, Inc’s products, Snickers bars were cut down by 17 per cent, from 58g to 48g. Prices remained the same at roughly 51p, until they were raised to roughly 60p (except for Asda, who sell them for 45p).9. Dairy Milk  Mondelēz restyled Cadbury Dairy Milk, and got rid of the block design in favour of ovals.This reduced the weight of each bar from 49g to 45g.10. Freddoslast_img read more

Positive development and expansion decisions for Cadia East Angostura Mt Milligan and

first_imgLatest issue of International Mining Project News available (January 15): There has been some significant mine development and expansion news in the last fortnight. In Australia, Cadia Holdings, a wholly owned subsidiary of Newcrest Mining has received planning approval for its Cadia East gold/copper project in New South Wales, which could become the largest underground mine in the country. In British Columbia, Canada, Terrane Metals Corp is proceeding with construction of its Mt. Milligan copper/gold project. In Colombia, Greystar Resources says it will start construction of its Angostura gold and silver mine later this year, with a planned investment of $600 million. Also, there is news of the expansion at the Antamina copper/zinc project in Peru, held in a joint venture between BHP Billiton, Xstrata, Teck Resources and Mitsubishi Corp.The approved Cadia East project has an estimated capital cost nearing $2 billion. Newcrest General Manager Cadia Valley Operations, Tony McPaul: “If approved by the Board, the Cadia East project will be the largest underground mine in Australia and will secure our future in the region for at least the next 20 years. It will be Newcrest’s first panel cave, building on our expertise in underground mining.” Cadia East ore is harder than ore from Cadia Hill and/or Ridgeway and as such has slightly different ore processing requirements. The existing Cadia Valley operations ore processing facilities will be upgraded by either adding new components to the existing facilities, or constructing a new processing plant adjacent to the existing facility. The ore processing rate will be increased from the existing 24 Mt/y rate to about 27 Mt/y. The deposit is a porphyry zone of gold-copper mineralisation extending up to 2.5 km east of Cadia Hill.At Mt. Milligan, as part of the expired option agreement with Goldcorp – a one-time opportunity to convert its equity interest in Terrane into a participating joint venture – Terrane obtained a $40 million credit facility guaranteed by Goldcorp, which has been extended to May 7, 2010. The company will now consider financing alternatives for the recently approved $172 million 2010 construction budget. The project will be a conventional truck and-shovel open-pit mine with a 60,000 t/d copper flotation process plant. A 2009 feasibility update study forecast average annual production of 262,100 oz of gold and 89 MIb copper for the first six years of a 22-year mine life. Mt Milligan has Proven and Probable reserves of 482.4 Mt at 0.2% Cu and 0.38 g/t Au, with 2,124 MIb of in-situ copper and 6.02 Moz of in-situ gold.At Greystar Resources’ Angostura project, there are plans to invest $600 million with output beginning in the second half of 2012, according to Executive Vice President, Fredrick Felder. Felder said that “Once this project reaches an average of 511,000 oz/y of gold, it would become the country’s largest gold mine in production.” Angostura is expected to produce an average of 2.3 Moz/y of silver over a 15-year mine life. The mine is expected to produce 214,000 oz of gold and 1.1 Moz of silver in 2012. But the mine would reach its peak capacity in 2014 when it hits 682,000 oz of gold.To Antamina in northern Peru. All joint venture partners have approved their respective shares of the project’s $1,288 million capital budget for expansion. This will increase the site’s ore processing capacity by 38% to 130,000 t/d. Higher mineral ore reserves, previously reported in combination with the expanded processing capacity, will result in a mine life extension of six years from 2023 until 2029. First production from the expansion is anticipated in late 2011. Antamina ore is mined by open-pit methods and batch treated by ore type through a conventional grinding and flotation mill with a nominal design capacity of 88,000 t/d. A 302 km pipeline transports the copper and zinc concentrates to the port of Huarmey (300 km north of Lima).In Chile, New Gold has provided notice to Xstrata Copper Chile, a wholly owned subsidiary of Xstrata, of the exercise of its right of first refusal to acquire 70% of the El Morro copper-gold project for $463 million. New Gold, as Xstrata’s current 30% joint venture partner in El Morro, holds the right of first refusal. Goldcorp will loan the $463 million to New Gold to fund the exercise of the right of first refusal. After acquisition of the 70% interest by a New Gold subsidiary, New Gold will sell that subsidiary to Goldcorp. El Morro is an advanced stage copper-gold project located in north-central Chile, Region III, around 80 km east of the city of Vallenar. On a 100% basis, El Morro contains 6.7 Moz and 5,700 MIb of gold and copper reserves, respectively, with an additional 2.2 Moz and 1,000 MIb of gold and copper in the Measured and Indicated categories.In Burkina Faso, Blackthorn Resources has entered into a Heads of Agreement with Glencore, in relation to the formation of a joint venture to commercialise the Perkoa zinc mine. Glencore is expected to provide or procure funding to complete development of the project, estimated at $72 million. Perkoa has a JORC code compliant ore reserve of 6.3 Mt at a mine head grade of 13.9% Zn (at a 9% Zn cut off), equating to 873,400 t of contained zinc metal.There is also news from Centamin’s Sukari project in Egypt, which has commenced its gold exports; first mined ore from Kagara’s Loung Lizard nickel sulphide deposit in Western Australia, an update on Gulf Resources‘ East African vermiculite operation in Uganda, as well as many more reports from projects all over the globe. To receive the full 35+ page report, subscriptions to this service can be registered and paid for on-line (SUBSCRIBE TO IM PROJECT NEWS BUTTON), or contact emma@im-mining.com for a free trial copy.last_img read more

Taoiseach insists water for children will be free

first_imgENDA KENNY HAS insisted that the government will not renege on its promise to provide water services to children for free.Speaking during Leaders’ Questions today, the Taoiseach said he could also confirm the average household charge will not exceed €240 per year.Deputy Peadar Tóibín pushed the Fine Gael leader for more details following Irish Water’s failure to publish the charges during yesterday’s “farcical” Oireachtas committee hearing.He criticised the government for allowing the process to be “shrouded in secrecy”.The Sinn Féin TD added that this denial of information has led to a widespread belief that the charges would creep higher than what was originally suggested.“The direction given by government through the Minister to the Environment to the regulator is that the average bill for the regular household is €240. The second element of the instruction is that children are free in terms of use of water,” replied Kenny.However, he did seem to indicate that the mooted 38,000 allowance for children may be cut. He explained that this generation of children are more savvy at conservation techniques – because of the Green Flag initiative in schools – and may not require the same amount as previous studies suggested.He concluded that the government’s policy decision on free water for children “will not change”.Toibín also used the opportunity to reference Minister Ruairí Quinn’s resignation today, implying that the timing of the statement was an intentional slight of the Taoiseach.I think it is an interesting insight into the state of disarray in the Labour party when Ruairí Quinn resigns two days before a leadership battle. And also that he gives his resignation speech at the same time as Leaders’ Questions… a snub to the Taoiseach.Kenny was also called upon by Micheál Martin to confirm a number of details about the collection of the property tax for this year.He said that government decided and agreed that local authorities should retain 80% of the money collected in 2014.He also reminded Fianna Fáil that its representatives in council could look to reduce the charge by 15%.“Councils have been starved and were shafted by government last year,” Martin claimed, asking for “some honesty” from the coalition.Kenny said it is possible for a number of authorities to reduce the charge because of the volume and value of properties in their area.The Taoiseach also insisted there is “no big division” between Fine Gael and Labour on the issue, urging the Fianna Fáil leader to not believe everything he reads in newspapers. First published 4pmRelated: Irish Water wants allowance of 38,000 litres per child reducedlast_img read more

Sony Aims For No 2 Spot in Tablet Fight

first_imgAt ces last week, we saw top tablets from some of the biggest names in the consumer electronics industry–Motorola, Samsung, RIM, ASUS, Toshiba, Lenovo–the list goes on. And while it will no doubt be a long time before any can be considered a serious iPad competitor, there are a few that certainly seem capable of snagging the number two spot in that race, next year.And where waws Sony on that front? The technology giant was nowhere to be seen, in spite of speculation to the contrary. Even though the company was a no show in the 80-strong tablet race, it’s still making some bold predictions for 2011. Kunimasa Suzuki, the head of the company’s computer division said that Sony has its eyes firmly on the number two spot.AdChoices广告“For sure iPad is the king of tablets. But what is the second, what is the third? Who is taking the second position? That is our focus,” the executive told Reuters. “We would like to really take the number two position in a year.”How will it snag that coveted second spot? Why, 3D, of course! The company has been considering that tact to help set its still unnamed tablet apart from the ever-increasing competition. “If I want to differentiate it from others, do I release it tomorrow, or do I wait till I differentiate it?” Suzuki put the rather rhetorical question to the new agency.Perhaps there’s still a lot to be said for striking while the iron is hot–i.e. several weeks ago.last_img read more

Skype for Mac updated version 50 is slimmer and more organized

first_imgA new version of Skype was just announced for OS X 10.5.8 (Intel), bringing the communications software to version 5.0. The software is no longer in beta and it’s available for download today.The improvements are largely evolutionary and include a slimmed down footprint, updated contact list view, less white space in the sidebar, a smaller minimum windows size, easier to find dial pad, updated IM window, full-screen mode in video calls, and easier chat when on calls. Basically what 5.0 brings is a slicker, easier to use version of Skype’s application.Skype Premium users will also have access to group calling. So if a few friends want a chat, or you’ve got a meeting with multiple people, you can pull up everyone on your monitor each in their own little Skype video window. It allows up to 10 people to group chat, but Skype recommend a max of 5 for best quality video. You’re also going to need at least a 4Mbps connection.I’ve installed the app and my initial impressions are very positive. I really like the updated pop-out dial pad and the new contact layout. It’s a lot more clear where your tools are, what is going on at any given moment, and what you’ve been up to in the last few minutes. Also, it’s no longer difficult to find the dial pad or your recent chats, both of which seemed hidden in the previous version. The app relies on a framed design with tabs on the side for your recent activities, which means it’s easy to keep track of who you’ve been talking to and what’s going on.Download Skype 5.0 for Mac.last_img read more

Agriculture Associations Appeal to Congress We Need TradeNotTariffs

first_imgAfter weeks of engaging with the Trump Administration to gain insight into the future of trade tariffs, agriculture producers and related industries dependent on exports to China are turning to Congress for help.The White House has declared that by June 15 it would announce its final list of $50 billion in Chinese products that would be subject to 25 percent tariffs under Section 301 of the Trade Act of 1974. In response, China’s Commerce Department announced several months ago that it would impose retaliatory tariffs on 106 U.S. goods amounting to roughly $50 billion in imports.In the announcement, China specifically stated that it will impose a 25 percent tariff on imports of U.S. soybeans, a tax that could be devastating to growers of the number one U.S. agricultural export, with sales to China last year totaling $14 billion.Davie Stephens, a Kentucky soybean grower and Vice President of the American Soybean Association (ASA), is among growers distraught over the prospect of tariffs on trade.“Crop prices have dropped 40 percent in just the last five years, and farm income is down 50 percent compared to 2013. A recent study by Purdue University economists predicts that soybean exports to China could drop by a whopping 65 percent if China imposes a 25 percent tariff on U.S. soybeans. As a soy grower, I depend on trade with China – China imports roughly 60 percent of total U.S. soybean exports, representing nearly 1 in 3 rows of harvested soybeans,” Stephens said.Soybeans are one of a number of crops that could see steep and lasting effects if China retaliates against U.S. tariffs.“America’s wheat farmers are experiencing continued drought, historically low commodity prices, and trade uncertainty. Adding a 25 percent tariff on exports to China for U.S. wheat is the last thing we need during some of the worst economic times in farm country,” stated National Association of Wheat Growers (NAWG) President Jimmie Musick, a wheat farmer from Sentinel, Okla.Echoing those concerns are members of National Corn Growers Association (NCGA). North Dakota farmer and NCGA President Kevin Skunes says, “Farmers are busy in the fields and need to be able to count on markets for their crops when it comes harvest time. They cannot afford the immediate pain of retaliation nor the longer term erosion of long-standing market access and economic partnerships with some of our closest friends and allies.”Retaliatory tariffs imposed by China would not only directly affect America’s producers, but also tangential industries that support agriculture, a concern that is pressing among members of the Association of Equipment Manufacturers (AEM).“On behalf of the 1.3 million equipment manufacturing workers our industry represents, we urge the Trump Administration to refrain from putting in place economically damaging tariffs. We strongly oppose a trade war with China because no one ever wins in these tit-for-tat disputes. As we have said repeatedly, tariffs are taxes on American consumers and will put good-paying U.S. manufacturing jobs at risk,”  Dennis Slater, President, Association of Equipment Manufacturers (AEM) commented.AEM, ASA, NCGA, NAWG are among the grower and industry groups whose members are asking Congress to convince the administration to halt tariffs and go back to the negotiating table. Under the hashtag #TradeNotTariffs, members of these organizations are also raising awareness on social media by sharing with the public what tariffs could mean for their livelihoods – and how severe that outlook could be.The American Soybean Association (ASA) represents all U.S. soybean farmers on domestic and international policy issues important to the soybean industry. ASA has 26 affiliated state associations representing 30 soybean producing states and more than 300,000 soybean farmers. More information at https://soygrowers.com/.Founded in 1957, the National Corn Growers Association represents nearly 40,000 dues-paying corn farmers nationwide and the interests of more than 300,000 growers who contribute through corn checkoff programs in their states. NCGA and its 49 affiliated state organizations work together to create and increase opportunities for corn growers. For more information, visit www.ncga.com.National Association of Wheat Growers (NAWG) is the primary representative in Washington D.C. for wheat growers, working to ensure a better future for America’s growers, the industry and the general public. NAWG works with a team of 21 state wheat grower organizations to benefit the wheat industry at state and national levels. From their offices in the Wheat Growers Building on Capitol Hill, NAWG’s staff members are in constant contact with state association representatives, NAWG grower leaders, Members of Congress, Congressional staff members and the public.Association of Equipment Manufacturers (AEM) is the North American-based international trade group representing off-road equipment manufacturers and suppliers, with more than 950 companies and more than 200 product lines in the agriculture and construction-related industry sectors worldwide. The equipment manufacturing industry in the United States supports 1.3 million jobs and contributes roughly $159 billion to the economy every year.last_img read more