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The sale opens with an array of Porsche racing posters, books, sales literature and advertising material dating back to the 1950s, along with rarities such as a limited edition writing desk designed around a 911 engine lid ($20,000-$30,000), a child-sized 917 racing car ($50,000-$60,000) and a tiny, one-eighth-scale Japanese-made model of a Carrera 2.7 RS engine ($7,000-$9,000).
The car section of the sale, meanwhile, includes a 944 from 1984 that is offered in virtually new condition, having belonged to an Illinois-based teacher who drove it less than 11,000 miles in 34 years. Offered at no reserve with an estimate of $35,000-$45,000, it will be sold alongside a similarly little-used 928 GTS from 1994 ($90,000-$120,000) and a 1977 911 Turbo Carrera ($140,000-$180,000) with just 27,700 miles on the clock.
Fans of the unrestored classic, meanwhile, will be drawn to both a 1965 911 ($200,000-$250,000), which still has its original paintwork, engine and gearbox, and a remarkable 1958 356 Super Speedster ($125,000-$150,000), which had all its paint removed at the start of an aborted rebuild 35 years ago.
Top lots, meanwhile, include three models from 1973: a 911 Carrera RS 2.7 Sport ($875,000-$1.1m), which is one of just 200 original lightweight versions built; a 911 Carrera RSR 2.8 race car ($2.4m-$2.8m) that came fourth overall in that year’s 12 Hours of Sebring endurance race; and an ultra-rare Carrera 2.7 RS prototype ($1.25m-$1.5m) that was only the second example of the model to have been built.
Such values pale into insignificance, however, compared with the two stars of the sale – a 1985 959 ($3m-$3.4m) that served as one of three works entries in the 1985 Paris-Dakar Rally and the only one like it in private hands, and a 1983 956 Group C racing car that twice competed in the Le Mans 24 Hours and won both the Brands Hatch 1,000km and Can-Am Road America events in 1983. It is tipped to sell for $5.25m-$6.75m, but never fear – for a more affordable $30,000-$40,000, you could bid on a fully restored Junior 108K tractor. Yes, Porsche made those too. And they were as well put together as you’d expect.
Natural gas, which began 2016 on a weak note, found some respite in the past month. The US Henry hub spot price tumbled 33 per cent in the first two months to a low of $1.55 per mmBtu in February.
The natural gas futures contract traded on the New York Mercantile Exchange (NYMEX) fell 27 per cent during the same period. A warmer winter, supply glut and record inventories had kept gas prices under pressure.
According to data from the US Energy Information Administration (EIA), natural gas inventory surged to a record high of 4,009 billion cubic feet (Bcf) in November last year. The recent warm winter has resulted in a slower draw-down from inventories.
However, the price has reversed sharply higher since last month. The NYMEX futures contract has rallied 18 per cent to $1.90 per mmBtu from its March low of $1.61 per mmBtu. The forecast of an uptick in consumption in 2016 could lend support and limit the downside for the gas price. The US EIA estimates gas consumption to average 76.2 Bcf per day this year, a 1.2 per cent increase from the average consumption of 75.3 Bcf per day in 2015.
An increase in demand from the electric power sector will be the major driver for consumption this year, according to the EIA.
Though this is good news for gas prices, the upside could be limited due to expectations of higher inventory levels. The EIA estimates the inventory to touch a record high of 4,112 Bcf in October this year.
On the domestic front, the natural gas futures contract traded on the Multi Commodity Exchange (MCX) fell 24 per cent in the first two months of this year. The contract touched a low of ₹109 per mmBtu in March and has rallied 17 per cent from this low.
The domestic futures contract moves in tandem with the NYMEX contract. On the charts, there is no sign of a possible sharp fall in the near term.
The uptrend that has been in place since March may remain intact and the gas price may continue to move higher, going ahead.
The NYMEX natural gas futures contract is range-bound around the psychological $2 resistance level since late March. The contract is stuck between $1.89 and $2.07 and a breakout on either side of this range will decide the next leg of move. A strong break above $2.07 will strengthen the bullish momentum and take it higher to $2.18. A further break above $2.18 will pave the way for a rally to $2.30 and $2.32 in the medium term.
The 21-day moving average is a significant intermediate support for the contract within the current range. A strong break below this can take the contract below $1.89, which is the 38.2 per cent Fibonacci retracement support. A strong break below $1.89 can drag the contract lower to $1.80 or even $1.76.
The level of $1.76 is an important medium-term support. As long as this holds, a range-bound move between $1.76 and $2 is possible over the medium term. But a break below $1.76 will increase the threat of revisiting $1.62 levels.
On the domestic front, the MCX-natural gas futures contract is facing resistance at the 21-week moving average around ₹137. A strong break above this hurdle can take the contract higher to ₹148. A further break above ₹148 will see the rally extending to ₹160 in the medium term. On the other hand, inability to rise past the 21-week moving average resistance could drag the contract lower to ₹125 and ₹120.
The key support to watch is ₹118. The medium-term outlook will turn negative only on a strong break of this support. The next target will be ₹110.
The MCX contract has been range-bound between ₹126 and ₹137 since the last week of March. A breakout on either side of this range will decide the next leg of move. The 21-day moving average is on the verge of crossing the 55-day moving average.
This is a bullish signal and implies the possibility of a break above ₹137 in the short term. A break above ₹137 can take it to ₹145. On the other hand, the outlook will turn negative if the contract falls below ₹125. This can drag the MCX natural gas futures contract lower to ₹120 and ₹117.
Glacier National Park officials have issued an immediate interim boating closure on all park waters following the detection of invasive mussels elsewhere in the state. The closure, announced Nov. 10, applies to motorized and hand-propelled watercraft.
The response also includes an assessment period, which will involve testing, inspections, and an evaluation of the risk that boats pose to park waters. The assessment will likely continue through next summer, according to the National Park Service.
“Park scientists will work diligently with the State of Montana and other water quality experts to understand the scope of this threat, and identify steps the park will take to further protect our waters in the Crown of the Continent,” said Park Superintendent Jeff Mow.
Water samples from Tiber Reservoir east of Shelby tested positive for the larvae of aquatic invasive mussels, with similar tests from Canyon Ferry Reservoir near Helena showing “suspect” or inconclusive results, according to officials at Montana Fish, Wildlife and Parks.
FWP, along with other state and federal agencies and the Montana Invasive Species Advisory Council, are working to determine whether adult mussels are present in Tiber Reservoir and to get further test results on Canyon Ferry.
Recent site inspections at Tiber and Canyon Ferry did not turn up any established populations of adult mussels, but officials will be conducting more extensive inspections with the assistance of stakeholders such as dam operators, marina concessionaires and other groups.
The park’s Aquatic Invasive Species (AIS) Action Plan, established in 2014, calls for the closure and testing, as the park sits above three continental scale watersheds, and park waters drain into the Columbia, Missouri, and South Saskatchewan Basins.
“Protecting park waters from an infestation is important not only for the park’s ecosystem, but also to economic and ecological interests downstream,” the press release reads.
Since 2011, the park has aimed to reduce the risk of infestation by invasive mussels by mandating boat inspections and implementing a permit program that has issued some 1,000 motorized boat permits annually. This year, launch permits were issued to clean boats registered in 13 states with established populations of invasive mussels.
WITH plans of hitting a target of 50 per cent renewable energy for the state by 2030, Central Queensland is making moves to be the state leading renewable energy generator.
Renewable energy is any source of energy that can be gathered and replenished naturally and used to produce electricity.
Popular ways of creating renewable energy are through wind farms and solar farms, both of which harness natural energy which is then used as a more environmentally friendly form of electricity.
According to the Queensland Government, as a state Queensland is placed to develop a renewable energy industry with 'high-quality renewable resources', something the state has already been investing in and working towards.
Across Central Queensland from Mackay to Gladstone and west, there are 27 solar farm projects (and one wind farm project) either operational, under way or proposed, meaning the region is well on the way to producing almost 4000 megawatts of power.
The construction of these 28 projects will see more than 6000 jobs across the region.
With the unprecedented levels of renewable energy investment, Energy Minister Anthony Lynham said the region's focus on renewables would help Queensland's 2030 renewable energy goal.
Statewide large-scale renewable energy projects already operating have a capacity of more than 1300 megawatts and have supported 2700 construction jobs, he said.
"We have a pipeline of more than $2.5 billion worth of projects totalling more than 1200 megawatts yet to come, creating another 1900 construction jobs.
Crediting Queenslanders for taking direct responsibility for the generation of renewable energy, Dr Lynham said more than half a million Queensland households and businesses with solar systems installed.
"This number continues to grow, with a new system being installed in Queensland every 15 minutes," he said.
Entirely privately funded. Built in 11 weeks.
To be connected to the electricity network via the existing Lilyvale substation.
Development approval for the 96MW solar farm has was received in May 2017.
LOW-PRICE policies from new challengers in the travel insurance market are beginning to force down the cost of cover.
For example, Travelcare, the Co-op's chain of agents, has slashed the premium for 14 nights' cover in Europe from £38.95 to £25.
Holidaymakers who buy insurance from travel agents as they book a trip often pay up to twice as much as they would had they shopped around. The big four holiday chains - Thomson's Lunn Poly, Airtours' Going Places, First Choice's Travel Choice and Thomas Cook - charge up to £51 for 14 nights' travel cover in Europe. But similar policies from challengers such as Direct Line and Boots cost about half as much.
Charging high prices for insurance is a huge money-spinner for travel companies. The big four sell about 12 million package holidays a year and 40% of customers buy cover. The cash made on insurance sales is used to offset the holiday discounts.
Until recently, travel firms relied on the apathy of customers, who either didn't bother to shop around or were not aware of cheaper deals. When customers buy a holiday from a travel agent, they have to buy insurance or sign a form saying they have been offered cover and cannot claim against the agent. At that point, most people pay up for costly policies.
CHURCH for a massive LIVE AID-style charity concert at the MILLENNIUM STADIUM, CARDIFF in the autumn.
October’s ‘Showtime @ The Stadium’, a fundraiser for the Red Hot AIDS Charitable Trust, is the brainchild of Midge Ure, who co-organised 1985’s Live Aid gig for famine victims in Africa in 1985.
The one-off event, which will feature pop, theatre and TV stars performing show tunes from stage musicals, has been confirmed for October 20.
The gig was announced at a press conference in the stadium last month, where Charlotte Church told reporters that she fancied having a go at recreating Christina Aguilera‘s ‘Lady Marmalade’ performance. Atomic Kitten have expressed an interest in performing something from ‘Cats’ .
The concert production will be directed by Ure, and recorded by the BBC for broadcast before the end of the year. Each of the artists appearing will be backed by a 60-piece orchestra and a gospel choir.
Meanwhile, H from Steps has announced that he is in talks with producers of the stage musical ‘Godspell’, with a view to joining the cast sometime next year.
More acts for “Showtime @ The Stadium” will be announced over the coming weeks and tickets are already on sale from the Millennium Stadium box office, telephone 0870 1211228, priced £15 to £35.
SPRINGFIELD, Mo. Drivers traveling through north Springfield could face traffic backups for more than a month.
Missouri Department of Transportation will begin a major project to replace paved lanes.
The inside northbound and southbound lanes at Glenstone and Evergreen will be closed for a few weeks.
The affected area is near the Holiday Inn, between Kearney at Interstate 44.
"It's just one of those things that overtime things wear out. This is a 1950's era concrete pavement. It's old, it's deteriorating. There's a lot of potholes out there. It's just one of those things. It is time to get it replaced before it gets any worse," explains Transportation Project Manager for MoDOT, John Sanders.
The project is scheduled to wrap up by the fourth of July.
More information is included in the link on this page.
The working week can often feel painfully long and, come Wednesday, many of us are already dreaming of that Friday feeling.
The midweek slump is something that most workers will have experienced, which is why one company has allowed staff to take Wednesdays off, in an effort to boost productivity - and it seems to be working.
Employees at digital agency Versa in Melbourne, Australia work a total of 37.5 hours per week, but this is spread over the course of four days instead of the standard five.
On Wednesdays the office is closed, and staff are not required to attend client meetings or pitches, or even check their emails during the day.
The four day working week has been running at the private company for a year now and has proved to be particularly effective in boosting both productivity and staff morale.
Chief executive Kathryn Blackham praised the new approach, explaining to ABC News, "We are three times more profitable than we were last year, we have grown by 30 or 40 per cent in the last year in terms of revenue, and we have got happier staff and who are much more productive.
"I know a lot of workplaces have that kind of Monday morning 'feels', where there's a bit of a vibe in the office, people are bantering back and forward.
“And in the end you get that kind-of 'hump day' [on Wednesday], which is a little bit harder to do.
Despite the success of the shorter working week in Melbourne, the approach has yet to be implemented more widely.
Resistance to change may stem from concerns that a reduced working week could hinder both profits and underemployment levels, but where the innovative approach has been introduced it has been credited for improving employee well-being.
An experiment in Gothenburg saw some staff given reduced working hours, while others remained the same, with results showing fewer hours to be beneficial to staff.
University of Melbourne professor of management, Peter Gahan, commented, "The preliminary results from that experiment suggest in fact they were able to maintain productivity levels by and large, and there was some benefit for workers in terms of wellbeing and other types of outcomes."
Working weeks of up to 50, 60 and 70 hours are not uncommon in service industries, despite often proving to be inefficient, but the success of introducing shorter working weeks could see more businesses do the same.
Is Britain the hardest working?
British employees work the longest hours in the EU, with full-time workers clocking up an average of 42 hours per week last year - almost two more than the typical EU worker, according to the TUC.
In Denmark workers average 37 hours a week, while countries including Holland, Italy, Belgium, France, Sweden and Ireland average 39.
However, while the British totted up the most hours, they were actually found to be less productive than those in some other countries, lagging behind the likes of Germany and Denmark.
In 2017, Britain was ranked 14th in terms of output per worker per hour.
TUC general secretary Frances O'Grady said, "Britain's long hours culture is nothing to be proud of.
"It's robbing workers of a decent home life and time with their loved ones. Overwork, stress and exhaustion have become the new normal.
The average full-time week in Britain has shortened by 18 minutes over the past decade, according to the TUC, but at the current rate of progress, it would take 63 years for workers to get the same amount of free time as elsewhere in the EU.
Historically, the doctorate certificate is the highest degree that could be obtained in majority of the fields, most notably Medicine and Law.
Use of the doctorate title became prevalent in the 19th century when the Doctor of Philosophy degree had a broader meaning — love for knowledge or wisdom. The Doctor of Philosophy degree was granted to those who studied Neurology, Physics, French Literature and others.
Conditions for obtaining the certificate were rigid and required the discovery of a new thing or theory. Nevertheless, by the end of the Second World War, the number of those pursuing the degree increased remarkably. Universities also required their teachers to obtain the certificate. Over time, the holders of the degree increased and exceeded the need of universities. Consequently, they moved to other areas of work.
As the number of doctors increased, there have been demands in the scientific community, starting in 1968, to introduce reforms or stop granting the certificate to those who are not interested in education.
Without a doubt, our societies are not familiar with modern human civilization, and until recently, they were almost illiterate. Political and family correspondence or documents for selling real estate properties, for example, were written in poor Arabic which reflected the modest educational situation, so the literate people were regarded as ‘teachers’, and then their status declined.
Those who completed the secondary level were seen as graduates, but years later, as their number increased, the title was given to graduates of universities who got positions easily with the highest salaries.
Suddenly, at the beginning of the 1960s, a group knowing which side of the bread was buttered discovered that our societies, “illiterate by nature and naïve by choice,” were astounded by scientific titles even if they lacked substance. Without exerting any effort, they sought to obtain doctorate degrees from low quality universities in European countries, often under the influence of the Soviet Union, and in non-important disciplines.
Arab universities, especially in Egypt, came to meet the enthusiasm of many to obtain doctorate degrees while they are in their home countries. One of the first and most famous of them was a minister of education who got master’s and doctorate degrees while he was in the office, yet no one asked him how he did so.
The reason is that everyone was impressed with the title, ignorant of the conditions for obtaining it and the required period of not less than three years. This means — for those concerned with the matter — all those who got the title while they are at the forefront of their work such as the top official in Farwaniya, a former lawmaker, a number of ministers, and former and future MPs do not deserve the title.
These people are obliged to abandon the title as the case of two preachers, and a minister who did it through an official letter he sent to the Shariah Committee at Zakat House.
The problem that whets the appetite of those with weak souls and minds to obtain, through various means, a doctorate degree is the great level of respect given to the holder of the title in political employment, the Cabinet, in Diwans or in articles written on their behalf.
The greed for financial privileges given to holders of the title also contributed to the increase in their number, as well as those who are aspiring for the Kuwaiti nationality. The goal is not in the interest of this land, but the financial benefits granted to naturalized persons. If such benefits and advantages are cancelled, the Kuwaiti nationality will not be attractive for them.
The disaster, which we have long warned most scientific and honorable bodies and most of those related to religious institutions about, showed that the absence of morality is the reason behind fraud, not the absence of religious ‘dosage’. The falsehood of well-known preachers has been exposed and their thrones have fallen apart despite the fact they have long been making us deaf with their sermons about honor, morality and honesty.
I was the first to write more than 10 years ago that I would not address or refer to an academician by his title after the fraud became public, and after discovering the emptiness of the minds of many of the holders of doctorate degrees, knowing that the title does not mean much even to the holders of authentic doctorate degrees.
Obtaining the certificate often means that the holder has completed literary, scientific or other researches in a particular field and based on the opinion of the committee which evaluated his abilities, and accordingly, granted him the degree as evidence of his efforts.
So, we always note that the vast majority of PhD holders — the real, not the false — have more knowledge or abilities in a specific field of research than others. It is also assumed that a doctorate degree means the holder discovered something new in his field of research. If we look into the researches of many doctorate degree holders now, especially in the Gulf states, we will notice weaknesses in their supposed areas of expertise and they did not add anything to the knowledge of humanity.