The Orissa High Court on Thursday ordered to “keep in abeyance” a demand notice of VAT recovery issued by the Odisha government in February this year asking Indian Oil Corporation Limited (IOCL) to deposit a tax of ₹1485.98 crore for the sale of finished products from its Paradip Refinery project, which was commissioned in November 2015. A Division Bench comprising Justices Indrajit Mahanti and Biswajit Mohanty while adjudicating over a petition filed by IOCL also ordered the high-level working group, formed under the chairmanship of Union Petroleum and Natural Gas Ministry, to look into the concerns of raised by the government of Odisha and the IOCL within two months. Odisha after unilaterally striking down a vital clause from the 2004-MoU signed with the IOCL had withdrawn the mutually-agreed tax incentive to IOCL and placed the tax recovery notice on the corporation. The clause related to grant of interest free loan to Odisha equivalent to the tax payable to the State on the finished products of the refinery during its first 11 years of commercial production.
In recent weeks, Assam has seen many protests over the proposed Citizenship (Amendment) Bill, 2016.The Bill has been termed “Anti-Assam” by BJP’s ally Asom Gana Parishad, and similarly criticised by other regional parties.And, earlier this month, when the Joint Parliamentary Committee on the Bill visited Assam and Meghalaya to hear from the locals, it did so amid protest voices which said the move would make Assam a “dumping ground for Hindu Bangladeshis”.What does the Bill aim for?With The Citizenship (Amendment) Bill, 2016, the government plans to change the definition of illegal migrants. The Bill, introduced in the Lok Sabha on July 15, 2016, seeks to amend the Citizenship Act, 1955 to provide citizenship to illegal migrants, from Afghanistan, Bangladesh and Pakistan, who are of Hindu, Sikh, Buddhist, Jain, Parsi or Christian extraction. However, the Act doesn’t have a provision for Muslim sects like Shias and Ahmediyas who also face persecution in Pakistan.The Bill also seeks to reduce the requirement of 11 years of continuous stay in the country to six years to obtain citizenship by naturalisation.When did this idea gain stream?The BJP had promised to grant citizenship to Hindus persecuted in the neighbouring countries during the 2014 General Election. In the party’s election manifesto, the BJP had promised to welcome Hindu refugees and give shelter to them.Who are illegal immigrants?According to the Citizenship Act, 1955, an illegal immigrant is one who enters India without a valid passport or with forged documents. Or, a person who stays beyond the visa permit.Why and who all are opposing the Bill in Assam?BJP’s coalition partner Assam Gana Parishad has threatened to cut ties with the party if the Bill is passed. It considers the Bill to work against the cultural and linguistic identity of the indigenous people of the State. NGOs such as The Krishak Mukti Sangram Samiti and students’ organisation All Assam Students’ Union also have come forward opposing the Bill.All Opposition parties, including the Congress and the All India United Democratic Front, have opposed the idea of granting citizenship to an individual on the basis of religion. It is also argued that the Bill, if made into an Act, will nullify the updated National Registration of Citizenship (NRC). The process of updating the NRC is currently underway in Assam.What is NRC?The National Register of Citizens (NRC) is meant to identify a bona fide citizen. In other words, by the order of the Supreme Court of India, NRC is being currently updated in Assam to detect Bangladeshi nationals who might have entered the State illegally after the midnight of March 24, 1971. The date was decided in the 1985 Assam Accord, which was signed between the then Prime Minister Rajiv Gandhi and the AASU. The NRC was first published after the 1951 Census in the independent India when parts of Assam went to the East Pakistan, now Bangladesh.The first draft of the updated list was concluded by December 31, 2017. The second draft is yet to be released.How will the Bill affect the updated NRC list?While Bill is designed to grant citizenship to non-Muslim refugees persecuted in neighbouring countries, NRC does not distinguish migrants on the basis of religion. It will consider deporting anyone who has entered the State illegally post-March 24, 1971, irrespective of their religion. Currently there are six detention camps for illegal migrants in Assam but it’s still not clear how long the people will be detained in these camps. The process of deportation or duration of detention is not clear as it has not been stated by the government. But if the Bill becomes an Act, the non-Muslims need not go through any such process, meaning this will be clearly discriminating against Muslims identified as undocumented immigrants.Other than Assam, what are the States likely to be affected?States sharing borders with Bangladesh, Pakistan and Afghanistan are likely to be affected.The Meghalaya Democratic Alliance (MDA) government, an ally of the BJP, has opposed the Bill. Calling the bill “dangerous,” the Meghalaya government said that they don’t agree with the idea of non-Muslims acquiring citizenship after six years of living in the country.What’s the status of the Bill now?The Bill after been discussed in the Lok Sabha, was referred to a joint select committee in August 2016. The members of the Parliamentary Committee visited Barak Valley, the Bengali-majority area of Assam, and Meghalaya to discuss it with various organisations. They reportedly spoke to about 200 organisations.
PBA IMAGESToo turnover-prone, and too lax on defense.That’s how Go for Gold coach Charles Tiu described J-Jay Alejandro, who didn’t look like himself amid the team’s two-game skid in the 2018 PBA D-League Aspirants’ Cup.ADVERTISEMENT 2 ‘newbie’ drug pushers fall in Lucena sting MOST READ NEXT BLOCK ASIA 2.0 introduces GURUS AWARDS to recognize and reward industry influencers Akari-Adamson whips Che’Lu-San Sebastian for third straight win Read Next LATEST STORIES Don’t miss out on the latest news and information. Slow and steady hope for near-extinct Bangladesh tortoises View comments “We got him because he’s a Mythical Five in the UAAP and it’s not easy to be a Mythical Five in the UAAP. He’s really a good player and he’s gonna make the PBA someday,” said Tiu.For Alejandro, meanwhile, it was just a matter of giving back to the team for all the confidence Tiu is giving him through this campaign.“I just want to give back to the trust that coach Charles and all the coaches have been giving me. It was a big win for us and we knew that if we want to make it to the playoffs, we have to win this game. I’m just glad that everyone of us answered to the call,” he said.With him and the team back on their winning ways, Alejandro is hopeful that this victory over the Altas would just be the spark the Scratchers need to move up the standings and make a run to the quarterfinals.“We already learned from our two losses,” he said. “Hopefully, this will be our stepping stone all throughout the tournament.”ADVERTISEMENT John Lloyd Cruz a dashing guest at Vhong Navarro’s wedding Trending Articles PLAY LIST 00:50Trending Articles01:16Go goads Robredo to take ICAD post: ‘Tignan natin kung makakatulog ka pa’03:07PH billiards team upbeat about gold medal chances in SEA Games01:29Police teams find crossbows, bows in HK university01:35Panelo suggests discounted SEA Games tickets for students02:49Robredo: 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 City But with the 6-foot guard struggling, Tiu knew he only needed to give the 22-year-old a few words to get the former National University star to get back on track.And on Tuesday, the shifty guard played his best game to date, pouring in 23 points to go along with five rebounds, and four assists in the Scratchers’ 81-69 win over Perpetual Help.FEATURED STORIESSPORTSWATCH: Drones light up sky in final leg of SEA Games torch runSPORTSLillard, Anthony lead Blazers over ThunderSPORTSMalditas save PH from shutout“This is the first game that I’m actually happy with the way he played,” said Tiu. “We talked a bit and it came from him that he needs to do better and that’s what I appreciate.”Alejandro’s stupendous showing was a testament to why Go for Gold signed him to address its need for have a proven player. Globe Business launches leading cloud-enabled and hardware-agnostic conferencing platform in PH Brace for potentially devastating typhoon approaching PH – NDRRMC Typhoon Kammuri accelerates, gains strength en route to PH AFP official booed out of forum
null New Zealand’s Mitchell Santner celebrates with teammates after taking the wicket of Lokesh Rahul in the first test being played at the Eden Park Stadium in Kanpur. – Reuters 1/2 Cheteshwar Pujara plays a shot on the opening day of the first Test match against New Zealand at Green Park in Kanpur on Thursday. — PTI RELATED SHARE SHARE EMAIL India were 185 for four at tea on day one of the first Test against New Zealand here today. SHARE India wins historic 500th Test by 197 runs against NZ New Zealand’s Mitchell Santner celebrates with teammates after taking the wicket of Lokesh Rahul in the first test being played at the Eden Park Stadium in Kanpur. – Reuters Cheteshwar Pujara plays a shot on the opening day of the first Test match against New Zealand at Green Park in Kanpur on Thursday. — PTI Published on Brief scores: 185/4 in 59 overs (Vijay 65, Pujara 62; Santer 2/60).Earlier, India captain Virat Kohli won the toss and opted to bat against a spin-heavy New Zealand in the first match of the three-test series at Kanpur’s Green Park Stadium on Thursday.Kohli’s decision at the start of India’s 500th test match leaves New Zealand with the unenviable prospect of batting in the fourth innings on a track expected to assist the slow bowlers from as early as the opening day.Realising and respecting the conditions, the tourists picked three spinners — Craig Mark, Mitchell Santner and Ish Sodhi — in their starting line-up.The test marks the beginning of a long home season for India and Kohli was determined to kick it off in style after a recent series victory in the Caribbean.“The start has been good in the West Indies. Our preparation has been really good and the intensity is really high,” he said at the toss, which took place on a humid and overcast morning.For India, Lokesh Rahul was preferred to Shikhar Dhawan as an opening batsman, while leg-spinner Amit Mishra was omitted.Teams:India: Murali Vijay, Lokesh Rahul, Cheteshwar Pujara, Virat Kohli (captain), Ajinkya Rahane, Rohit Sharma, Ravichandran Ashwin, Wriddhiman Saha (wicketkeeper), Ravindra Jadeja, Mohammed Shami, Umesh YadavNew Zealand: Tom Latham, Martin Guptill, Kane Williamson (captain), Ross Taylor, BJ Watling (wicketkeeper), Luke Ronchi, Mitchell Santner, Mark Craig, Ish Sodhi, Neil Wagner, Trent Boult Indians to hunt Kiwis in historic 500th match × September 22, 2016 cricket 2/2 COMMENT COMMENTS
The Rio Olympics ended with much fanfare. India, the world’s second most populous nation won one silver and one bronze medal, matching that of Mongolia.India was almost coming back without a medal when the attention turned to Indian women who began to shine like never before.Here are the top highlights from Rio 2016: Interested in General Knowledge and Current Affairs? Click here to stay informed and know what is happening around the world with our G.K. and Current Affairs section.To get more updates on Current Affairs, send in your query by mail to email@example.com
Saudi Arabia’s national team will face no sanction from FIFA for failing to respect a minute’s silence for the victims of the London attacks before the start of a World Cup qualifier in Australia, soccer’s global governing body said on Friday.The Saudi Arabia Football Federation earlier “unreservedly” apologised for the incident, which a former Australian government minister said showed “a disgraceful lack of respect” for the victims of the London attack.”After reviewing the match report and images of the said match, we can confirm that there are no grounds to take disciplinary action in relation to the matter you mention,” FIFA said in a statement.Eight people were killed and 50 injured after three Islamist militants drove into pedestrians on London Bridge last Saturday, then attacked revellers nearby with knives. Two of the dead were Australian.Football Federation Australia (FFA) said it had “sought agreement” from the Saudis and the Asian Football Confederation to hold the minute’s silence to honour the victims ahead of the match at Adelaide Oval late on Thursday.The Australia team duly lined up in the centre circle and linked arms but all bar one of the Saudi players dispersed around the pitch and continued to jog and stretch.”Both the AFC and the Saudi team agreed that the minute of silence could be held,” an FFA spokesman said.”The FFA was further advised by Saudi team officials that this tradition was not in keeping with Saudi culture and they would move to their side of the field and respect our custom whilst taking their own positions on the field.”advertisementThe incident prompted a social media storm, coming as it did at a time when Australians were still mourning victims of recent attacks.In addition to the Australians who died in London, a deadly siege in Melbourne on Tuesday that Prime Minister Malcolm Turnbull called “an act of terrorism” claimed one victim, while an Australian schoolgirl was one of more than a dozen killed in a Baghdad car bomb blast last week.Anthony Albanese, a front bench spokesman for the opposition Labor Party, said the incident was “bloody disgraceful”.”There is no excuse here. This isn’t about culture, this is about a lack of respect,” he told Channel 9.”I’m so angry about this.”The governing body of Saudi football later issued a statement saying it “deeply” regretted the incident.”The players did not intend any disrespect to the memories of the victims or to cause upset to their families, friends or any individual affected by the atrocity,” it added.”The Saudi Arabian Football Federation condemns all acts of terrorism and extremism and extends its sincerest condolences to the families of all the victims and to the government and people of the United Kingdom.”Prime Minister Turnbull said on Friday that he had not seen video of the incident but thought everybody should condemn “terrorism”.”The whole world, the whole free world, is united in condemnation of that terrorist attack and terrorism generally,” he told reporters in Tasmania.Australia won the match 3-2 to move level on 16 points in Group B with the second-placed Saudis and leaders Japan, who have a game in hand, with two rounds to play.The top two teams win a place at the World Cup finals in Russia next year.
Cyrille Regis Who was Cyrille Regis? The French Guiana-born striker who played for England Ronan Murphy 18:26 1/15/18 FacebookTwitterRedditcopy Comments(1) Getty Premier League Coventry City Aston Villa West Bromwich Albion Championship The third black player to line out for England, Cyrille Regis played over 600 league games and received an MBE in 2008 for his services to football Cyrille Regis died on January 14, 2018 following an eventful career that took him from non-league to the Premier League, and saw him play five times for England.The forward scored 158 goals in over 600 league appearances for a variety of clubs, including West Bromwich Albion, Coventry City, and Aston Villa.In 1982, he became the third black player to be capped by England, following Viv Anderson and Laurie Cunningham. Article continues below Editors’ Picks Lyon treble & England heartbreak: The full story behind Lucy Bronze’s dramatic 2019 Liverpool v Man City is now the league’s biggest rivalry and the bitterness is growing Megan Rapinoe: Born & brilliant in the U.S.A. A Liverpool legend in the making: Behind Virgil van Dijk’s remarkable rise to world’s best player Where was Cyrille Regis born?Regis was born on February 9, 1958 in the South American country French Guiana, to Robert and Mathile Regis. When he was just a child, he followed his father to London, where he impressed as an athlete at school.He was offered a trial at Chelsea, but injury saw his early dream of becoming a footballer fail to materialise. After school, he earned a City and Guilds diploma as an electrician, but played Sunday league and non-league football while working full-time.In 1975-76 and 1976-77, Regis played for non-league sides Molesley and Hayes respectively, with West Brom spotting him after he scored 24 goals in the Isthmian League.Who did Cyrille Regis play for?West Brom paid £5,000 to sign Regis in 1977. He had a dream debut against Rotherham United in the League Cup, scoring two goals to send the Baggies through. His league debut also saw him find the net, and he finished his maiden campaign in the First Division with 10 goals.At West Brom, he teamed up with fellow black players Laurie Cunningham and Brendan Batson, with the trio nicknamed ‘the Three Degrees’ after the American soul group. His second season was even better than his first, finishing with 13 goals as well as being voted the PFA Player of the Year.Regis finished his stint at West Brom with 112 goals in eight seasons at the club before moving to Coventry City in 1984 for £250,000. He went on to win his first silverware with Coventry, lifting the FA Cup in 1987. He scored in the third round and the quarter-final and had a goal ruled out for offside as City defeated Tottenham Hotspur at Wembley.Former West Brom manager Ron Atkinson took him to Aston Villa in 1991, and he played in the inaugural Premier League season the following year as Villa finished runners-up. Regis’s later career saw him spend short stints at Wolves, Wycombe Wanderers and Chester City before retiring in October 1996.In the 80s while at West Brom and Coventry, he played five times for England, but was eligible to play for France due to his place of birth. His first senior game came in the 1982 British Home Championship, coming off the bench in a 4-0 win over Northern Ireland. He played four more times, with his last appearance coming in 1987 during an 8-0 rout of Turkey.What did Cyrille Regis do after football?After initially trying his hand at coaching at West Brom, Regis became a sports agent, where he covered a variety of disciplines outside of football. This included representing his nephew Jason Roberts, a striker who played for Bristol Rovers, West Brom and Wigan Athletic in the late 1990s and early 2000s. He was also the agent of sprinter John Regis, who set the UK 200 metres record in 1994, with a time of 19.87 seconds, which still stands as the national record today.In 2004, he was named as one of West Brom’s 16 best players ever in a poll to mark the club’s 125th birthday, while he was also chosen as one of Coventry’s 30-best post-war players in 2008. Regis was made a Member of the Order of the British Empire (MBE) in 2008. West Brom are due to unveil a 10-foot statue of Regis, Cunningham and Batson at the Hawthorns this season.Work on the statue begun in 2013, with Regis remarking after seeing the designs: “We were part of that first generation of black players in this country and I’m sure that if you ask any second generation player they will tell you they were inspired by Laurie. That’s why the statue will be so important.”Cyrille Regis MBE died in January 2018, aged 59. Check out Goal’s Premier League 2019-20 fantasy football podcast for game tips, debate and rivalries.
OTTAWA – Myanmar’s military elite need to have their wings clipped by targeted United Nations travel sanctions in order to discourage the continued ethnic cleansing of Rohingya Muslims, says former foreign affairs minister Lloyd Axworthy.“We’re talking about targeting specific people, particularly in the military,” said Axworthy, the chair of the Canadian-based World Refugee Council, which is working with the UN to reform the global refugee system.“A lot of these guys like to fly off to Bangkok and get a new suit or something. I’m not being facetious,” Axworthy said in an interview. “A restricted-travel sanction would be very effective for a lot of the elites in Myanmar.”Axworthy, a former Liberal foreign affairs minister under Jean Chretien, called on Canada to lead a diplomatic push for sanctions through its diplomats at the UN and in missions across Asia.The current Liberal government, which has dispatched special envoy Bob Rae and International Development Minister Marie-Claude Bibeau to the region, suggested Thursday it was open to the idea.“We continue to consider all options at our disposal to press Myanmar on this issue, including potential sanctions,” said Adam Austen, a spokesman for Foreign Affairs Minister Chrystia Freeland.“The responsibility for ending the ethnic cleansing in Myanmar falls squarely on that country’s military leadership and its civilian government — these are crimes against humanity.”Axworthy also poured cold water on an agreement announced Thursday between Myanmar and Bangladesh to return the hundreds of thousands of Rohingya who fled a military purge of their northern Rakhine state.The government of Myanmar announced no details of the plan, which was immediately criticized by Amnesty International. Refugees in Bangladesh have said their homes were set on fire by soldiers and Buddhist mobs; some reported being shot at by security forces.“It sounds to me like they’re talking about camps, and concentration camps and things of that kind,” Axworthy said.Austen said Thursday that Canada is trying to learn more about the proposal “to ensure that it is in good faith, feasible, and, most importantly, that refugees will not face further persecution upon their return.”Canada will spend $35 million over five years to help Bangladesh address the needs of women and girls as the country deals with a massive influx of Rohingya Muslims from Myanmar.Bibeau announced the new spending — to be directed through United Nations agencies — on Thursday from Bangladesh, where she was getting a first-hand look at the crisis that has seen more than 620,000 Rohingya flee Myanmar since August.Bibeau visited women and children in Cox’s Bazar, Bangladesh, currently the epicentre of the world’s most pressing humanitarian crisis.It started when the Myanmar army began what it calls clearance operations in response an attack by a group of Rohingya insurgents, an offensive that many have since characterized as ethnic cleansing.On Wednesday, the United States did just that, threatening penalties for Myanmar military officers involved in the crackdown.“We all agree that it’s ethnic cleansing and the action that has been taken by the military is just not acceptable,” Bibeau said Thursday in a conference call with reporters from Bangladesh. Freeland has used the same term to describe the situation in recent weeks.Axworthy said the fact that the term “ethnic cleansing” is now being widely used only strengthens the case for targeted sanctions against key players in Myanmar.
Advertisement Login/Register With: PORT HOPE — Largo will be filming here in Port Hope and the benefit to the community will be big.“The last time they shot here for the first movie, it’s estimated they generated about $450,000 for this municipality and they will be here much longer this time,” said Kevin Narraway, marketing and tourism manager. “We’re estimating there will be about $750,000-$800,000, maybe even up to $1 million in spending this time.”The municipality issued a public notice June 20 advising residents that Third Act Productions had made an application to film interior and exterior scenes for the Largo film. (There’s been lots of online chatter that this is now the working title for the It 2 production). Advertisement Twitter LEAVE A REPLY Cancel replyLog in to leave a comment Advertisement Locations in Port Hope became backdrops for the filming of Stephen King’s ‘It’ in 2016. Third Act Productions filmed the feature film adaptation of Stephen King’s ‘It’ in the Municipality of Port Hope in the summer of 2016. – Karen Longwell/Metroland Facebook The movie is being produced by Warner Bros. and New Line Entertainment and will feature a number of Port Hope locations, with about 17 to 18 days worth of filming. Filming starts July 20 and will continue until October.
Rabat – The Marrakech-Safi Office of the National Anti-Bribery and Public Funds Observatory is calling on authorities to change the name of Imlil’s “Chamharouch” resort to “Louisa and Maren Resort,” after the murdered Scandinavian tourists. The office director, Mohamed El Harouali, told Morocco World News that he wants people to know that changing the name of the resort in memory of the victims would signify that such brutalities are rare in Morocco. Matching the statements of a tour guide who informed MWN that the atmosphere in the Atlas Mountain region where the murder took place is currently peaceful, El Harouali said that when he visited the area shortly after the murder there was only one case of panic. El Harouali said that an elderly French woman at a nearby hotel was panicking since her daughter was also somewhere near the area, “which was only natural after hearing such news,” he added.El Harouali confirmed that the atmosphere in the region is generally ordinary. He noted the “quick” reaction of the Moroccan security services who caught the suspects less than three days after finding the tourists’ bodies on Monday.Read Also: Video: Morocco Returns Bodies of Imlil Murder Victims to Denmark, Norway“Changing the name of the resort into Louisa & Maren is the least thing we can do to honor the souls of the victims, respond to the [murderers’] sick minds and show that there is no place for hate between us,” El Harouali wrote in a press release.Moroccans took to social media networks to condemn the murder and express solidarity with families and friends of the victims. A young Moroccan man stood in front of the embassy of Denmark in Rabat and held a banner reading “SORRY.”Many Moroccans on social media are also calling on authorities to give the four arrested suspects the death penalty.Read Also: Norway Police Say Video of Scandinavian Murders in Morocco is RealMoroccans also plan to organize a sit-in at 5 p.m. on Saturday, December 22, in front of the Danish and Norwegian embassies in Rabat, to pay tribute to the victims and express condolences to their countries of origin.Morocco’s Central Bureau of Judicial Investigation (BCIJ) arrested the first suspect on Tuesday and the three other suspects yesterday. The same suspects pledged allegiance to ISIS in a video a week before the murder.The victims are Louisa Vesterager Jespersen, 24, from Denmark and Maren Ueland, 28, from Norway.
“These contradictions between the President and the Prime Minister are however not new and have been a constant feature of the Government’s public communications about their commitments under the resolution ever since the resolution was passed,” the joint statement added.The local civil society organisations and activists said that it is widely acknowledged that the victim communities in Sri Lanka consider a purely domestic process to be untrustworthy. The joint statement noted that the President’s comments come at a time when his Government claims to have embarked on a process of consultations on the design of transitional justice mechanisms outlined in the UNHRC resolution.The statement also notes that these comments severely compromise that process and cast doubt on the intentions of the entire endeavour. There are also reports that the Government has already started drafting the necessary legal frameworks to put in place these mechanisms, which local civil society say then raises the question as to whether the consultations will be merely tokenistic. (Colombo Gazette) The statement also noted that on 26 January 2016, a few days after the Presidents interview to the BBC, Prime Minister Ranil Wickremesinghe in an interview to Channel 4 appeared to be engaging in damage control when he stated that that the Government will abide by commitments given in Geneva. “Owing to the Government’s positions taken at these negotiations, the resolution in itself was a compromise, much to the disappointment of many victims and activists. The Government now appears to be backtracking from even these compromised commitments. The President in these interviews categorically stated that foreign judges and experts would not be part of the process. In his interview to BBC Sinhala Service he also went on to express his full confidence in the existing judicial system and in Sri Lanka’s investigative authorities. In that interview he added that if there was any international support necessary for Sri Lanka that it was only for economic development,” the joint statement noted. Local activists and organizations have condemned President Maithripala Sirisena’s recent statements wherein he appears to be indicating a withdrawal from the obligations the Government had committed to in the consensus resolution passed at the 30th Session of the UN Human Rights Council (UNHRC) in October 2015.In a joint statement, 144 local activists and organizations said that it is worth recalling that the Government as a co-sponsor of the resolution in Geneva, was in a position to negotiate the exact terms of the resolution.
AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to RedditRedditShare to 電子郵件Email GE 2Q earnings drop 16 pct, but energy business has double-digit growth; reaffirms outlook NEW YORK, N.Y. – General Electric’s shift back to its manufacturing roots is paying off.The conglomerate founded by light bulb inventor Thomas Edison has pumped billions of dollars into new energy-related businesses during the past few years while selling its stake in NBC, commercial real estate and other businesses.The move has softened the blow from the recession, and it expects double-digit earnings growth this year.GE said Friday that net income fell 16 per cent in the second quarter, mainly due to lingering charges from financing companies that were sold off several years ago. Its energy infrastructure business, meanwhile, reported double-digit growth in the period, and profits surged for its transportation business. The company’s quarterly results topped Wall Street expectations.GE is wading through “a still volatile global economy,” CEO Jeff Immelt said. But its core businesses are growing profits, and “we ended the quarter with a record backlog.”Shares rose 7 cents to close at US$19.87 on Friday after trading as high as $20.37 earlier in the day, approaching their 52-week high of $21 per share.The industrial and financial giant posted net income of $3.11 billion, or 29 cents per share, in the April-June period. That compares with $3.69 billion, or 35 cents per share, a year earlier.Excluding pension costs and losses from discontinued businesses, GE earned 38 cents per share, a penny above analysts’ average expectations of 37 cents per share.Revenue rose 2 per cent to $36.5 billion, led by strong results in GE’s industrial business. Analysts expected slightly higher revenue of $36.77 billion, according to FactSet.GE said its net income was weighed down in the quarter by a number of charges that had little to do with its core businesses. GE booked a $553 million charge related to the sale of its WMC Mortgage Corp. and its Japanese consumer finance business in 2007 and 2008. GE also adjusted its pension costs higher.Meanwhile, its energy infrastructure and GE Capital businesses reported higher profits in the period.GE Capital, the company’s lending arm, increased profits 31 per cent as it sold off dozens of properties and booked smaller charges related to a drop in real estate values. GE plans to sell its business property lending business to EverBank Financial Corp. for $2.51 billion by the end of 2012.Morningstar analyst Daniel Holland said it makes sense for GE to shed assets that have little to do with the company’s traditional industrial businesses. GE knows the energy and manufacturing businesses, and that is where it should remain, Holland said.“It’s what they’re really good at,” he said. “It’s why they can continue to drive their competitive advantages.”Energy infrastructure, which includes wind and natural gas turbines, solar panels and a variety of other products and services, increased profits 13 per cent to $1.76 billion. GE said it shipped 726 wind turbines in the quarter, more than double what it shipped in the same period last year. New orders for wind turbines have dropped off since then, however, reducing GE’s infrastructure orders by 1 per cent.In a separate announcement, GE said that it plans to split its energy business into three separate operations: GE Power and Water in Schenectady, New York, GE Oil and Gas in Florence, Italy, and GE Energy Management in Atlanta. Immelt said that the move will streamline its various energy operations and cut about $200 million to $300 million in costs. GE said the head of the division, John Krenicki, has decided to leave the company at the end of the year.GE reaffirmed its outlook for double-digit growth in earnings per share, excluding any special items. by News Staff Posted Jul 20, 2012 4:51 pm MDT
AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to RedditRedditShare to 電子郵件Email by Greg Moore And Terry Collins, The Associated Press Posted Dec 21, 2013 8:19 am MDT San Francisco Bay Area transit system and labour unions reach deal, resolve final contract snag SAN FRANCISCO – San Francisco Bay Area Rapid Transit officials and labour union leaders announced a new deal early Saturday, saying the final issue in their ongoing dispute has been resolved.The transit system and its two largest unions have been involved in months-long negotiations that stalled recently over paid medical leave time for employees.BART officials and labour leaders had approved a deal in October after six months of negotiations and two strikes that caused problems for hundreds of thousands of people who ride the nation’s fifth-largest commuter rail system.That deal fell apart last month when BART officials said the provision giving workers six weeks of paid annual leave to care for sick family members had been mistakenly included in the contract.BART General Manager Grace Crunican said in a statement early Saturday that she will recommend the company’s board of directors approve the new agreement as soon as possible.“After eight months of uncertainty for our riders, this deal will guarantee that every ounce of the Agency’s focus will be directed to providing great service to the Bay Area during the peak holiday period and beyond,” Crunican said, according to the statement. The Associated Press could not immediately reach officials for further comment.Amalgamated Transit Union Local 1555 President Antonette Bryant confirmed by phone that a deal had been reached during overnight negotiations. She declined, however, to discuss details until union members have had a chance to see the agreement.Service Employees International Union Local 1021 BART chapter President John Arantes said in a statement on his union’s website that it was a “fair resolution that would close months of drawn out contract talks.” He did not elaborate. The union office was closed early Saturday, and the AP could not immediately reach an official for further comment.Both unions are expected to bring the matter to their members for a vote.The BART statement says the contract dispute was resolved with solutions that either are administrative or can be covered within the transit system’s existing budget.The new agreement expands the bereavement leave policy and “allows qualifying employees more flexibility in how they pay for the costs of their family medical leave,” according to the transit system statement.It also mentions there will be “additional administrative changes to the contract” and upgrades to employee break rooms at three BART stations.___Online:http://bit.ly/1ckNaVt___Collins contributed from San Francisco. Moore reported from Phoenix.
Facebook Twitter: @NeosKosmos Instagram Data from Greece΄s finance ministry showed the central government΄s budget–before taking into account debt payments–with a 691 million euro surplus last year, compared with a 3.46 billion euro deficit in 2012. Taking into account monies owed by the European Union to Greece for public works, and which are expected to be paid in the first months of this year, Greece΄s primary surplus in 2013 was in line with the 812 million euros penciled into the country΄s latest budget, a finance ministry official said. “The execution of the state budget confirms and supports our estimates for the year that has passed,” said Deputy Finance Minister Christos Staikouras. “Our country, after many years and enormous sacrifices by Greek society, will achieve a primary surplus earlier than expectations.” Since early 2010, Greece has received two massive bailouts from its euro-zone partners and the International Monetary Fund in exchange for fixing its deficit-ridden public finances. Under the existing bailout program, Greece was not expected to achieve a primary surplus until the end of 2014. The better-than-expected outcome has strengthened Athens΄ hand in negotiations with its international budget inspectors–the EU, the European Central Bank and the IMF–who are expected to return to Greece in coming weeks to review the country΄s reform progress. For the 12 months of the year, the government said state budget revenues had increased to 52.9 billion euros from 51.9 billion euros a year ago, while outlays had fallen to 58.3 billion euros from 67.6 billion euros. The state budget only takes into account the operations of Greece΄s central government, and doesn΄t include general government accounts, which comprise local government, a portion of military spending as well as some social welfare spending. The final figures for Greece΄s 2013 budget position are expected to be released by Eurostat, the EU΄statistics department, in April. Source: capital
Facebook Twitter: @NeosKosmos Instagram As virtually all members of the Greek cabinet leave their posts for a week’s vacation, officials close to Prime Minister Antonis Samaras are putting the finishing touches on a plan to overhaul public sector salaries in line with pledges to the troika ahead of negotiations next month when Athens is expected to press for tax breaks.According to sources, the agenda for the premier’s speech at the Thessaloniki International Fair (TIF), which is scheduled to run from September 6 to 14, has yet to be finalized as the government is keen to first see the outcome of talks between Greek officials and the troika in Paris on September 3. The Greek delegation will seek to secure a basic agreement as regards a lightening of Greece’s huge debt burden, Kathimerini understands. It will also try to get the green light for the government to introduce some measures to offset the impact of years of austerity such as tax breaks and favorable repayment terms for individuals and businesses with non-performing loans.Samaras is keen to use TIF – traditionally employed by premiers to set out economic policy and offer handouts – to announce that debt relief is in sight and to herald a series of tax breaks, sources said. The premier is understood to be eyeing a 15 percent flat tax rate for corporate profits, a top rate on income tax of 33 percent, as opposed to the current 42 percent, the reduction of value-added tax from 23 percent to 15 percent in as many cases as possible, the reduction of a consumption tax on heating oil and the eventual abolition of a solidarity tax on income.Source: ekathimerini
Live Messenger : l’application arrive en juin sur iPhoneÉtats-Unis – Le blog Neowin a dévoilé plusieurs captures d’écran de l’application Windows Live Messenger pour iPhone. Celles-ci correspondraient bien à l’application officielle de Microsoft.Depuis hier, les captures d’écran qui circulent sur la toile montrent des éléments d’interface classiques : on y retrouve les fonctionnalités principales de Windows Live, comme le chat instantané ou le partage et l’envoi de fichiers.Microsoft a décidé d’intégrer les flux sociaux à cette version, comme pour la version 2009 pour PC, afin d’associer ses contacts Messenger et Facebook par exemple. La firme de Redmond l’avait annoncé pour cet été, Neowin semble confirmer son arrivée en juin. Le 28 avril 2010 à 14:59 • Emmanuel Perrin
Un papillon mi-mâle, mi-femelle fait un carton à LondresUn étonnant papillon a éclos au Museum d’histoire naturelle de Londres, et fait depuis le succès de l’exposition Sensational Butterflies.Le papillon qui émerveille Londres mesure 10 centimètres et a une particularité étonnante : il est gynandromorphe, c’est-à-dire qu’il est sorti de sa chrysalide avec un côté mâle, une aile noire, et un côté femelle, des reflets rouges, jaunes et bleus sur l’autre aile. Quant à ses organes sexuels, ils ont fusionné au milieu de l’insecte. Étant donné que “le papillon a une moitié d’organe femelle, et une moitié d’organe mâle, le tout ne peut fonctionner, donc le papillon est stérile”, explique Luke Brown, l’administrateur de l’exposition, cité par The Guardian. À lire aussiIl laisse une fourmi coupe-feuille lui découper le doigt”C’est un phénomène scientifique fascinant, résultant d’un processus complexe d’évolution”, s’extasie Blanca Huertas, conservatrice au Museum. “C’est fantastique qu’il ait éclos au Museum, ils sont tellement rares”. Ce phénomène se produit si les chromosomes ne se séparent pas correctement durant la division embryonnaire. Environ un papillon sur mille est porteur de cette anomalie.Les scientifiques du Museum d’histoire naturelle de Londres ont indiqué que le papillon gynandromorphe qui les fascine rejoindrait la collection de papillons naturalisés à sa mort, à un mois environ. L’exposition sensational butterflies (lien non disponible) a débuté au Natural History Museum de Londres, le 12 avril et se termine le 11 septembre 2011. Le 13 juillet 2011 à 17:45 • Emmanuel Perrin
After his match against FC Barcelona, PSV Eindhoven has decided to put a price tag on winger Hirving Lozano in case any club wants to buy him.All we needed was to watch Hirving Lozano doing that sprint next to Jordi Alba in the Champions League match between PSV Eindhoven and Barcelona, that was more than enough to realize this is a very special player because pretty much no one is faster than the Catalan left-back. But Lozano was able to get past him on that sprint and everybody at Camp Nou stadium was in awe with this display of speed, the player had recently spoken about the Catalan club asking for his services during the summer but there was no deal struck before the World Cup. After the summer tournament, Lozano had already scored a very important goal against Germany and he presented himself as a very promising player that was just starting his career in European football. Even if he wasn’t able to score a goal against Barça in the Champions League last week, Hirving has remained very relevant in the Eredivisie and he just keeps scoring goals with the ‘Farmers’ week after week. This fantastic level has made the club decide to put a price tag on the player, because they know that one of the big clubs in European football will soon come after him and they want to be ahead of the curve in case any offer comes.Eeeel Chucky Lozaaano! 😈#PSVAJA pic.twitter.com/m5SKO92lHQ— PSV (@PSV) September 24, 2018According to Fox Sports from Mexico, Lozano’s price tag has been elevated from €20 million to a staggering €60 million which would turn him into the most expensive Mexican player in history. If he keeps this game level up, Lozano can rest easy because Barcelona won’t be the only squad that will come after him next summer. Although PSV Eindhoven would like to keep the player for at least another season after this one, they know that he is growing too quickly to remain with the Dutch champions for longer. This club is very famous for having some of the best players in modern football on their ranks like Brazilians Ronaldo or Romario, and many other Mexican players who triumphed with the ‘Farmers’. But even if Lozano has only been at PSV for a little over a year, we can already say that he has become the best Mexican player who ever represented the club’s colors, his stats are on par with the more legendary players from the club and he just keeps growing. Should he keep this momentum going nonstop, Lozano will quickly be worth even more than those €60 million the Dutch club has decided to place him inside the scale of expensive players from their squad.Día de partidooo! 🇲🇽@HirvingLozano70 🤝 @GutiGalaviz#EXCPSV pic.twitter.com/kspy68YQpm— PSV International (@psveindhoven) September 26, 2018Top 10 players who played for both Barcelona and Valencia Boro Tanchev – September 14, 2019 Time to talk about the best players who represented both Barcelona and Valencia, prior to their La Liga encounter at Camp Nou this evening.Clubs that would be interested in Lozano.We already stated that FC Barcelona is not currently interested in Hirving Lozano, but that doesn’t mean there are not clubs that would love to have him on their ranks for next season. In Spain, there are two clubs that would be very keen on having Hirving playing for them in the near future, those clubs are Valencia and Atletico Madrid. In England, the clubs that would like having Lozano in their ranks are Pep Guardiola’s Manchester City, Everton FC, Liverpool FC, and also West Ham United where ‘Chicharito’ currently plays. There are currently no clubs in Italy who are interested in the player, but Germany could also be a great destination for him as Eintracht Frankfurt and Stuttgart would be among the clubs that have asked for him. But with this new price tag that Lozano has according to Fox Sports, his agent Mino Raiola will have a more difficult time finding him a proper squad that can help him keep growing his already impressive career as a player in European football. Lozano’s time in the Old Continent is going by quickly, and he just keeps on delivering incredible performances that will only make more clubs interested in his services for next summer during the transfer window.– Chucky Lozano🇲🇽 @HirvingLozano70 con PSV:44 partidos26 goles10 asistencias– Arjen Robben🇳🇱 con PSV:75 partidos21 goles17 asistencias pic.twitter.com/gGfPSNENIE— Sir Raúl Jiménez (@PapitoRaul_) September 24, 2018Which will be the first club to come after Hirving Lozano? Please share your opinion in the comment section below.
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Bristol Bay’s cloudy, cool summer days and dark winters can make it tough to get enough vitamin D. (Photo by Avery Lill/KDLG)Rickets is a condition that causes soft or weak bones in children. Usually, too little vitamin D is the cause. It’s a rare condition in the United States. About one in 100,0000 children is hospitalized with the condition nationally, but researchers think it occurs a lot more often in Alaska.Listen now“During 2001 to 2010, Alaska Native children aged less than 10 years, living in Alaska, experienced almost double the rate of rickets associated hospitalization of the U.S. pediatric population aged less than 10 years,” explained Dr. Joe McLaughlin, Chief of the Alaska Section of Epidemiology. “We don’t have as much data that’s been reported on non-Native children, so that’s another area of research that we’d like to get more information.”There are a number of factors that can put a child at greater risk for rickets. Among them are lack of sun exposure, darker skin and low vitamin D intake. Researchers found that younger Alaska Native people are eating less vitamin D-rich traditional foods.“Oily fish, such as salmon, tend to be very rich in vitamin D, as well as other traditional Alaska Native foods coming from marine mammals in particular. That means that people who are consuming less traditional foods are likely taking in less vitamin D,” McLaughlin said.A workgroup with the Alaska Division of Public Health developed Alaska-specific Vitamin D recommendations. It suggests health care providers consider doubling Vitamin D supplements for infants and more than tripling the amount prescribed for pregnant women—800 international units daily for babies and 1,400 IUs for pregnant women, taking into account vitamin D already contained in infant formula and prenatal vitamins.To be clear, these recommendations are for medical professionals prescribing supplements, not a recommendation for individuals to buy them at the grocery store or online.