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Late on Monday, a Greek government source said that Tsipras had spoken to ECB chief Mario Draghi in efforts to reopen banks with assistance from the Frankfurt-based lender. |
Tsipras also spoke to IMF chief Christine Lagarde "on the need to find a viable solution dealing with the real problems of the Greek economy", the source said. |
Lagarde said the IMF was "ready to assist Greece if requested to do so", despite the June 30 default. |
European Commission head Jean-Claude Juncker said on Tuesday that while he did not want Greece to leave the eurozone, in a so-called Grexit, the Greek people had voted on a deal that "no longer existed". |
"We have to put a very large ego away and deal with the situation we face," Juncker said. |
Tsipras insists that instead of a Grexit, Greece's creditors will now finally have to talk about restructuring the country's massive 240 billion euro ($267bn) debt to them. |
Mike Isaac of the New York Times wrote this article "For Start-Ups, How Many Angels is Too Many?" — it brought back some memories: "When many angels are involved, for example, no one investor may feel compelled to help the company if it runs into trouble." |
Flashback to end of 2012/ start of 2013, Optimal, Inc.: We had closed all of our Series B round from over 10 different angels and small funds, except for one small fund who'd committed to invest $500,000 to finish things up and hadn't yet wired us their money. |
I'd met them through a friend who headed investments for one of their Limited Partners (LPs). While they were considering investing in our round, we'd spent some time with them as well as two of their LPs, and all three of them made valuable introductions to potential customers for our social media ad optimization tech... |
We'd received the money from all our other investors, but this group's money was still "on its way", "any day now" for several months. After we announced the funding in January, quickly we were in February, March and then April. Their reasons for not sending the money were murky and we never got a full explanation, but... |
The call eventually came in: they would put in less than $50k instead of the planned $500k. Stranger still: We got a wire notification from them, that turned out to be sent to the wrong account at our bank. In the process of sorting it out and getting the money put into our account, our CFO got connected with the other... |
Our total fundraising was about $5.0 million without this piece and we were growing revenue like crazy, so why was I worried? Well, based on the total round size we were expecting, we had a commitment for a new accounts receivable and revolving loan facility from a bank to help us with working capital due to some of ou... |
This is an expected but chronic issue in the advertising space and hence, in the adtech vendor space we occupied. Without the facility, given the large ramp in the business, things might become tight for us money-wise around the middle to end of the year. |
This sucked. We'd closed our round (with everyone else) just a few months before but without a better line of credit in place, we were now short of where we thought we needed to be cash-wise. The business was doing very well — and I was very proud of how the team was executing on both sales and technology fronts. But n... |
This is where relying (beyond a seed round) on a series of smaller investors can be sub-optimal. They don't have the money set aside ahead of time to make the needed follow-up bets to keep their investment alive. |
Several of the existing investors stepped up without hesitation and for that I was and will be forever grateful (I didn't think it would be as difficult given that we were well ahead of our revenue and other forecast metrics, but nobody likes surprises!). But a few I'd expected help from told us (inter alia) that they ... |
One of the investors said they couldn't put more money in, but offered to introduce us to several outside investors they thought could help. I asked the investor, "what's the first question they're going to ask going to be? Are you investing?", and since his answer was "no", he couldn't really put much of a spin on tha... |
It’d be easy to be cynical about a director trying to revive a beloved 30-year-old cult horror franchise—especially when said series has already had a reboot within the last five years. But fans of Sam Raimi and Bruce Campbell’s Evil Dead might want to prepare for their jaded feelings to get shredded faster than an ani... |
Besides showing off the show’s cast, including Campbell, newcomers Jill Marie Jones, Dana Delorenzo, Ray Santiago, and Raimi veteran Lucy Lawless, the trailer suggests the creators have dropped back into Ash’s world without missing a beat. One-liners, rushing POV shots, gallons of jelly-like fake blood, milky-eyed Dead... |
Tue., Jan. 30, 2018, 10:31 a.m. |
OCRACOKE, N.C. – It’s a good thing Ocracoke Island in North Carolina is small enough to walk or bike around. The island along the Outer Banks has lost its only gas station. |
Hyde County manager Bill Rich tells The Virginian-Pilot in Norfolk, Virginia, that the fuel provider for Ocracoke Station shut off the pumps because the owner couldn’t pay the bills. |
The station was damaged by Hurricane Matthew in October 2016. Rich says the owner has spent his money repairing the station while he awaits reimbursement from his insurance company. |
Residents now must take the ferry to the mainland to refuel. But the good news is that a tank of gas can last for months on the small island. |
Rich says the county is working with the owner to reopen the station. |
Published: Jan. 30, 2018, 10:31 a.m. |
Over the years, it has probably been seen as fair to assume that when people shift into television mode for an evening they are no longer reachable through any other medium. However, the latest IAB UK research shows that actually, to the contrary, 70% of us are actively checking a connected device while on the sofa, ma... |
It was this latter finding in the Real Living study, conducted with research agency, Sparkler, that came as the biggest surprise to Tim Elkington, chief strategy officer at IAB UK. |
"The fact that consumers are happily checking their email accounts throughout the evening on a mobile wasn't the biggest surprise because, if we're honest, we all do it," he says. "What took me back is that you naturally assume that people check their phone while the adverts are on or there's nothing happening in their... |
This, Elkington suggests, paints a very different picture for email marketers compared to what might have previously been assumed. To begin with, he insists, marketers are going to have to rethink the notion of "second screening" because it is more accurate to say "joint screening." This screen in the hand is not a pas... |
"We used to think that the mobile on the sofa was a second screen but our research is definitely showing that it has equal prominence and takes over when someone is giving it their attention," he says. "Another interesting finding for us was that not only are so many people checking their emails, even outside of advert... |
Elkington puts this down to retailers having far more responsive mobile Web site, which make it so much easier to shop than just a couple of years ago. "Just think, it was only a year or two ago you were having to pinch and pull content to get it viewable and there generally wasn't an easy way to get around a mobile si... |
The advice here is not to assume that a relationship with a customer means they will be happy to receive a message from a brand and act on it. Watching television means attention is divided between the small and large screen, so any brand that wants attention had better make it clear what they want and what's in it for... |
"Obviously having a relationship where a customer has chosen to receive email updates is a very good starting point because you're a brand they know and want to hear from," he says. "That doesn't mean that you'll get an automatic response though. Our advice is you need to have a point. You need to make it very clear wh... |
So it turns out that as we all sit there in front of the television checking our smartphones, we are not alone. The majority of people on their living room sofas are doing exactly the same thing and that represents a massive new opportunity for email marketers to not only engage with customer but also, as Elkington put... |
November 26, Fineko/abc.az. Today, the Central Bank of Azerbaijan (CBA) has held the next deposit auction. |
The CBA reports that on 26 November it raised AZN 350 million at the auction. |
"The supply at the auction amounted to AZN 1.169 bn. The weighted average interest rate made up 7.76%," the CBA informed. |
Free speech, immigration and White House experience among topics discussed by the former attorney general Monday evening. |
Demonstrators gather to protest the presence of Jeff Sessions on campus and his speaking at the Carlson School of Management on Monday, April 15. |
Former U.S. Attorney General Jeff Sessions stressed the importance of free speech during a campus visit Monday evening amid interruptions from protesters. |
At the University of Minnesota’s Carlson School of Management, Sessions’ speech was met with backlash from protesters as he spoke about immigration policies and his time in the White House as a former member of the Trump Administration. |
Sessions resigned at President Donald Trump’s request last November after controversy surrounding the U.S. Office of the Special Counsel's investigation into Russian interference in the 2016 presidential election. A redacted version of the special counsel's report is expected to be released on Thursday. |
"People in this day protest with absolute certainty things that are fundamentally wrong. In this United States of America, we have a generous immigration policy — we let 1.1 million people have permanent legal residence in the United States," Sessions said responding to protesters’ statements criticizing his policies. ... |
Four student groups — Minnesota Students for Liberty, Collegians for a Constructive Tomorrow, Minnesota Republic and Students for a Conservative Voice — invited Sessions to the University's campus to “host a range of political voices,” said Minnesota Republic spokesperson Tiana Meador. |
Although around 200 people registered for the event, Meador said the audience amounted to about 75 in the 300-seat auditorium. |
"A lot of buzz is surrounding Sessions, as he was kind of an excommunicated member of the Trump administration," said Sam Bevacco, a junior at the event. "I'm interested in his insights on the White House." |
Students and protesters met Sessions with backlash both inside and outside of the auditorium. |
Before Sessions' arrival, protesters from student group Students for a Democratic Society at the University of Minnesota gathered outside the auditorium, bearing signs primarily protesting recent federal family separation policies. Others showed support for U.S. Rep. Ilhan Omar, D-Minn., amid recent criticism. |
Demonstrators walk down S 4th St to protest the presence of Jeff Sessions on campus and his speaking at the Carlson School of Management on Monday, April 15. |
"We want to show that we don't support his largely xenophobic and anti-immigrant agenda. We don't tolerate these policies at the U," said sophomore Eric Dorland, one of the lead protestors. "We also want to show we are in solidarity with those affected by [Sessions’] policies." |
Shortly after Sessions' introduction, protesters began individually reading scripted speeches. |
A cluster of about five protesters held up signs at the end of Sessions’ speech, which included messages such as "Jesus was an immigrant" and "Children of immigrants." |
"People die at the border because of your policies," one protester shouted. "How do you sleep at night?" |
Sessions said the University should welcome speakers like himself and conservative political commentator Ben Shapiro, who visited the St. Paul campus last year. |
"[There’s] no better time to defend speech than when it's under attack," Sessions said. |
About 20 University of Minnesota Police Department officers lined the auditorium and escorted all protesters out. UMPD Lieutenant Chuck Miner said the department was prepared for this event. |
Sessions fielded questions from the audience after his speech, including a question about the Mueller report as further release of the investigation looms. |
"Fundamentally, [current Attorney General William Barr] said he'd reveal what he could, and I believe you can count on it," Sessions said. |
After so many years at the top, heart disease remains the leading killer of Americans, so it’s no surprise that cholesterol-lowering drugs are some of the most commonly prescribed in the U.S. But between 5% and 20% of people can’t tolerate the side effects of statins, most of which involve severe muscle weakness or pai... |
In a study published in JAMA and presented at the American College of Cardiology meeting, researchers report on a promising alternative for these people. |
Dr. Steven Nissen, chair of cardiovascular medicine at the Cleveland Clinic, and his colleagues enrolled 511 people with high LDL cholesterol levels. (Their mean levels were 212 mg/dL, which placed them at high risk of developing a heart event.) Everyone had tried at least two statins and reported muscle problems while... |
Slightly less than half of the people—43%—reported muscle problems while taking the statin, but not the placebo. (About 27% also reported muscle issues while on the placebo, suggesting that some of the symptoms may be psychosomatic.) Nissen then took the 43% who complained of muscle symptoms while on statins and random... |
That’s an important finding, says Nissen, because it suggests that people who can’t tolerate statins can take the new class of drugs to lower their cholesterol while reducing their risk of muscle side effects. That option may still not be ideal for everyone at the moment, since the drug is injected and more expensive t... |
The Cowboys also moved center Shane McDermott from the non football injury list to the active roster. McDermott, an undrafted rookie from Miami, missed the first day of camp because of an eye issue. |
The Cowboys have 89 players on the roster. They have one roster spot available. |
Steve Butland was a seasoned politico who knew his way around the halls of power: federal member of Parliament from 1988 to 1993 and mayor of Sault Ste. Marie from 1996 to 2000. |
Christian Provenzano was a wet-behind-the-ears upstart with no experience in political office outside the University of Waterloo's Federation of Students. |
On Oct. 27, 2014, greenhorn Provenzano was chosen mayor of Sault Ste. Marie. |
Old-salt Steve was elected Ward 1 councillor. |
Despite the potential for mayoral rivalry, both men worked hard to keep things civil. |
Nonetheless, inevitable ideological differences surfaced. |
To the careful observer, there were signs of tension. |
At this week's City Council meeting, the mayor and former mayor opened up for the first time about their strained relationship for many months after the 2014 election, and how they learned to work together to get things done. |
"We had a rough three years," Butland said during a session set aside at Monday's City Council meeting to recognize seven departing councillors. |
"I said two," Provenzano shot back. |
"I said three," Butland countered. |
It was three awkward years, Butland insisted, before he met the mayor in his office and said: "You know what, I'm starting to see eye-to-eye with you on many of the issues, Have you changed, or have I changed?" |
"He said maybe both of us have changed. Maybe that is the case," Butland told his fellow councillors this week. |
"Thanks, Mr. Mayor," he said. "I think our city... we're on the cusp of something big. I really believe that. I think, Mr. Mayor, with your leadership, I'm confident that we will move forward in a very positive manner." |
"Political life. There are those that say it's a blood sport, but it need not be," Butland said. |
"I don't know where the last four years went," Mayor Provenzano responded. |
He reminisced about the inaugural meeting at which he was sworn in as mayor on Dec. 1, 2014. |
The Rosedale French Immersion Public School choir sang O Canada. |
Provenzano and the then-12 ward councillors then swore their declarations of office for the 2014-2018 City Council term. |
"Steve said something during the very first meeting of this council, which struck me as odd at the time, because I wasn't sure where it was coming from," the mayor recalled. |
Many months later, Provenzano figured it out. |
'It was one sentence and it was a bit isolated. It was like an island. He said: 'We can be friends.' And he was right. I appreciate the leadership that he showed in that regard." |
Addressing the full City Council, the mayor said: "No one person can move a community forward. Everything we did, we did together. Even if you dissented on something, even if you had a different opinion. When this body decided to do something it was a decision of this council." |
"We can leave here today knowing that for four years, we did our best for our community. And from my perspective, I think we can say that we succeeded," Provenzano said. |
Time was set aside at this week's City Council meeting for remarks from each of the seven outgoing councillors, representing a total of 83 years of service in municipal politics. |
"Susan Hamilton Beach [the city's director of public works] had the good fortune of having me [as a teacher] for two consecutive years in Grade 7 and Grade 8. She told me one time: 'I didn't get your jokes the first year. Started to get them the second year. She pointed out tonight, the first time I got elected, her cl... |
"On May 1st of this year when I filed to run as a trustee with the Algoma District School Board in Ward 2, a member of the media said to me: 'You will miss this,' referring to City Council. I knew in my heart that was correct. I also knew that for me, it was time to move over and encourage others to step up and make th... |
"Thanks, Joe [Krmpotich] for helping me with my cantankerous iPad that always caused me grief at our Monday night council meetings.... Congratulations to my ward-mate, Councillor Shoemaker, on your re-election to another term.... Keep those resolutions coming. Sorry I can't be there to second a few." |
"This part of my journey may be over, but my wife has plans for me. Some extra time to watch my favourite sports teams comfortably, including the Montreal Canadians, the New York Yankees and our Soo Greyhounds, just to name a few. Thank you very much Sault Ste. Marie. Thank you Ward 4. We'll see you on the radio." |
"The three-term limit held true, even though it wasn't official. There's something to be said about that. That was my resolution, wasn't it?" |
"I'm really looking forward to my next phase in life. I have a grandson now and my wife and I have been spending quite a bit of time with him. I'm still going to be doing my full-time job at the United Steelworkers.... I'm 62 now. I'm planning on retiring when I'm 65." |
"Folks, this guy's got political future [motioning toward his fellow councillor Matthew Shoemaker]. Seriously, whether it's going to be mayor, MP or MPP. This guy's going somewhere in life.... Councillor Myers, the city's loss is the school board's gain. Those of you on the public school board, I ask you to allow more ... |
Mainly sunny. High 57F. Winds N at 15 to 25 mph. Winds could occasionally gust over 40 mph.. |
Our peculiar habits can sometimes confound out-of-town guests. |
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