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South Africa: 14 killed, three critically injured in mass shooting at bar in Johannesburg's Soweto township
Johannesburg Police said that they are investigating reports that a group of men arrived in a minibus taxi and opened fire on some of the patrons at the bar late Saturday night
Johannesburg: A mass shooting at a tavern in Johannesburg's Soweto township has killed 14 people and left three others in critical condition, according to police.
Police say they are investigating reports that a group of men arrived in a minibus taxi and opened fire on some of the patrons at the bar late Saturday night. Police were on Sunday morning removing bodies of the deceased and investigating what had led to the mass shooting.
The three critically injured and one other person wounded have been taken to Chris Hani Baragwanath Hospital.
The number of cartridges found on the scene indicated it was a group of people who shot at the patrons, said Gauteng province police commissioner Lt. Gen. Elias Mawela.
"The primary investigation suggests that these people were enjoying themselves here, in a licensed tavern operating within the right hours," Mawela told The Associated Press.
"All of a sudden they heard some gunshots, that is when people tried to run out of the tavern. We don't have the full details at the moment of what is the motive, and why they were targeting these people," he said.
"You can see that a high caliber firearm was used and it was shooting randomly. You can see that every one of those people were struggling to get out of the tavern," Mawela told The Associated Press.
The shooting in the Soweto bar comes two weeks after 21 teenagers were found dead in a tavern in the city of East London. The cause of those deaths has not yet been announced by authorities, but the teens were not shot nor crushed in a stampede, according to officials.
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South Africa's Temba Bavuma to miss the England and Ireland tours
Keshav Maharaj will fill in for Bavuma as ODI captain and David Miller will stand in as T20 captain.
Atleast 17 people found dead in nightclub in South Africa, say police
Unverified pictures shared on social media showed bodies with no visible signs of injuries, strewn on the floor of the club
Police investigate deaths of 21 teenagers at a tavern in South Africa, cause still unclear
Many of the victims are thought to have been students celebrating the end of their high-school exams on Saturday night, officials said | https://www.firstpost.com/world/south-africa-14-killed-three-critically-injured-in-mass-shooting-at-bar-in-johannesburgs-soweto-township-10892541.html | 2022-07-10T10:06:25Z | https://www.firstpost.com/world/south-africa-14-killed-three-critically-injured-in-mass-shooting-at-bar-in-johannesburgs-soweto-township-10892541.html | false | 4 |
Injury bug hits Atlanta again with Hyndman to miss 4-6 weeks
ATLANTA (AP) — Atlanta United’s injury woes continued Wednesday when the team announced midfielder Emerson Hyndman will miss approximately four to six weeks with a quadriceps injury.
The team said Hyndman suffered the injury in practice.
On June 27, United lost defender Brooks Lennon for six to eight weeks with a knee injury he sustained when he slipped on a hard rubber surface on the edge of Toronto’s playing field.
United has lost star defender Miles Robinson and goalkeeper Brad Guzan to season-ending Achilles injuries. Robinson is unlikely to be able to return in time to play for the U.S. squad at the World Cup.
Midfielder Osvaldo Alonso also is out for the season with a knee injury. Former MLS MVP Josef Martinez missed seven matches earlier in the season with a knee injury.
___ | https://www.newsbreak.com/news/2658711601013/injury-bug-hits-atlanta-again-with-hyndman-to-miss-4-6-weeks | 2022-07-10T10:09:25Z | https://www.newsbreak.com/news/2658711601013/injury-bug-hits-atlanta-again-with-hyndman-to-miss-4-6-weeks | true | null |
'I am broken... I will never ever get over this': Lauren Goodger announces her newborn baby daughter Lorena has died - two days after being born 'without complications'
- The former TOWIE cast-member confirmed the terrible news in an Instagram post on Sunday morning
- She admitted the child, named Lorena, was born 'without complications' prior to her sudden death on Friday
- The news comes as she mourns the death of her ex-boyfriend Jake McClean, who was killed in a car accident last week
- If you have been affected by anything in this article, please contact the UK Child Bereavement line on 0800 02 888 40 or the FSIDS helpline on 020 7233 2090
Lauren Goodger has announced the death of her newborn baby daughter, just two days after giving birth.
The former TOWIE cast-member confirmed the terrible news in an Instagram post on Sunday morning, admitting the child, named Lorena, was born 'without complications' prior to her death.
She wrote: 'Lorena. 08.07.22. She was the most beautiful healthy baby I’ve ever seen just like her sister… words can’t describe as a mother losing your baby that I carried for all these months perfectly and gave birth too for my angel to be taken from me.
Devastating: Lauren Goodger has announced the death of her newborn baby daughter, just two days after giving birth
'There was no pregnancy or labour complications and she was fine & healthy but I am not going into detail right now just know that there was nothing wrong with her or myself she was perfect I can’t understand it she is so so beautiful Larose twin so similar..
'I am broken. I am back home from hospital Me & Charlie spent as much time with our baby girl Lorena and I haven’t said my goodbye yet...
'Please can I ask photographers to respect our privacy right now as we have a lot of grieving to do and funeral organising that I just need this time & with my baby girl Larose she is my rock that’s getting me through this or I wouldn’t survive…
'I will never ever get over this but I will learn how to live everyday with Lorena in my heart she will be with me always and I will be with her again one day … My Lorena I love you so much.'
Heartbreak: The former TOWIE cast-member confirmed the terrible news in an Instagram post on Sunday morning (pictured with partner Charles Drury and their first child Larose)
The news comes as she mourns the death of her ex-boyfriend Jake McClean who was killed after his car careened off the road in Turkey last Sunday, leaving passenger and close friend Yazmin Oukhellou seriously injured.
Lauren broke her silence on the shock death on her Instagram page, writing: 'R.I.P Jake, I have no words right now. My thoughts are with your family & friends.'
She later shared a heartbreaking series of lyrics to her Instagram Stories on Wednesday, just days after his death was confirmed.
Tragic: Lauren featured in a pregnancy shoot as she prepared for the birth of her second child
The TV personality posted a clip of Bryan Adam's hit Everything I Do (I Do It For You), having revealed she and Jake had secretly reconciled two years before.
Lauren previously announced that she suffered a miscarriage after trying for a baby with Jake while competing on Dancing On Ice in 2013.
The reality star shared her heartbreak on Channel 5 programme, In Therapy, explaining: 'I was on a TV show that was quite intense. I had to try and perform when I was quite far gone. It didn't last'.
Lauren said: 'I'm the type of person who, when something happens, I move on. That's how I am. It's not something I addressed.'
Turmoil: The news comes amid a heartbreaking time for the former TOWIE star, who is mourning the death of her ex-boyfriend Jake McClean
Loss: A heavily pregnant Lauren was seen with daughter Larose on Sunday, shortly after Jake's death was confirmed
Lauren revealed she was expecting her second child in January, just days after it was revealed she had kicked partner Charles Drury out of the family home following his fling with another woman.
Speaking to OK! magazine about her pregnancy, Lauren admitted the exes were debating whether to keep the baby.
She said: 'We weren’t very careful and Charlie was really pleased, but being honest I was really in two minds about it. I was like, “I’m just getting myself back together – I’m going back to square one. Is this fair?” You get real mum guilt].
Lost for words: The TV star posted a tribute to Jake on social media before going into labour with her second child
'A lot went through my mind which is why I’ve held out a bit longer until I’ve announced it. Charlie was like, “I really want this baby.” And I said, “So do I.” I made the decision to go ahead with it and I’m so glad I did."'
Lauren and Charles split in November, months after their baby daughter was born, but reconciled three weeks later. They then split again in January before coming together once more in April.
She added: 'We had that little break [in November] and he came back and was like, “You’re not having a termination – I want this family.” I knew deep down I was going to go ahead with it, but I was scared. I’ve got to think of Larose too.'
Explaining how she found out she was expecting just eight weeks after giving birth to Larose, Lauren said: "I hadn’t had a period for quite a few weeks, my nipples were killing me and when I was breastfeeding the pain was unbearable. I thought, “I bet you I’m pregnant!” I did a test and it said positive.'
Charles added that his time apart from Lauren made him realise what he was missing and that going to therapy helped him mature from a 'boy to a man.'
The couple's whirlwind romance first came to light in October 2020 when Lauren teased she was dating a mystery man, who was soon to be identified as Charles.
They announced their expecting their first child together just three months after going public with their relationship.
Loved-up: The couple's whirlwind romance first came to light in October 2020, they announced their expecting their first child together just three months after going public
The reality star's relationship was also tested when their daughter was taken ill and was rushed to hospital with suspected sepsis last year.
Detailing Larose's illness, Lauren said: 'The tests came back and they said, "She hasn’t got sepsis, she’s got a fever from an infection." I was like, "Phew!" She was on antibiotics and a drip.'
Lauren went on to say how her girl was 'more herself' by day two and three, with a doctor telling her she needn't 'panic' as it was 'so common' and babies 'get ill 12 times a year'.
The couple and their daughter also all fell ill with coronavirus in December.
Heartbreaking: Jake's on/off girlfriend and Lauren's fellow former TOWIE co-star Yazmin Oukhellou, 28, was also injured during the accident, and is now 'stable' in hospital | https://www.dailymail.co.uk/tvshowbiz/article-10991579/Lauren-Goodger-announces-newborn-baby-daughter-Lorena-died-just-two-days-birth.html?ns_mchannel=rss&ns_campaign=1490&ito=1490 | 2022-07-10T10:17:58Z | https://www.dailymail.co.uk/tvshowbiz/article-10991579/Lauren-Goodger-announces-newborn-baby-daughter-Lorena-died-just-two-days-birth.html?ns_mchannel=rss&ns_campaign=1490&ito=1490 | true | 2 |
YOSEMITE NATIONAL PARK, Calif. — The largest grove of giant sequoias in Yosemite National Park remained closed Saturday as firefighters battled a blaze that threatened the gathering of the iconic trees and forced hundreds of campers to evacuate.
The rest of the park in California remained open, though smoke that hung in the air obscured some of the most scenic vistas and views.
More than 500 mature sequoias were threatened in the Mariposa Grove but as of Saturday afternoon there were no reports of severe damage to any named trees, including the 3,000-year-old Grizzly Giant. Some of the massive trunks were wrapped in fire-resistant foil for protection as the blaze burned out of control.
The cause of the fire was under investigation.
Beyond the trees, the small community of Wawona, which is surrounded by park and a campground, was under threat, with people ordered to leave their homes and campsites on Friday night.
The fire was proving difficult to contain, with firefighters throwing "every tactic imaginable" at it, said Nancy Phillipe, a Yosemite fire information spokesperson. That included air drops of fire retardant as well as the planned use of bulldozers to create fire lines, a tactic that's rarely used in a wilderness setting like Yosemite, Phillipe said.
The bulldozers would primarily be used to put in fire lines to protect Wawona, she said. About 600 to 700 people who were staying at the Wawona campground in tents, cabins and an historic hotel were ordered to leave.
Though firefighters were facing hot and dry conditions, they didn't have to contend with intense winds on Saturday, said Jeffrey Barlow, senior meteorologist with the National Weather Service in Hanford. Given the relatively small size of the fire and minimal winds, smoke impacts were not expected to stretch far beyond the park, he said.
The giant sequoias, native in only about 70 groves spread along the western slope of California's Sierra Nevada range, were once considered impervious to flames but have become increasingly vulnerable as wildfires fueled by a buildup of undergrowth from a century of fire suppression and drought exacerbated by climate change have become more intense and destructive.
Lightning-sparked wildfires over the past two years have killed up to a fifth of the estimated 75,000 large sequoias, which are the biggest trees by volume.
There was no obvious natural spark for the fire that broke out Thursday next to the park's Washburn Trail, Phillipe said. Smoke was reported by visitors walking in the grove that reopened in 2018 after a $40 million renovation that took three years.
The fire had grown to about 1.9 square miles (4.8 square kilometers) by Saturday evening.
A fierce windstorm ripped through the grove a year-and-a-half ago and toppled 15 giant sequoias, along with countless other trees.
The downed trees, along with massive numbers of pines killed by bark beetles, provided ample fuel for the flames.
The park has used prescribed burns to clear brush around the sequoias, which helps protect them if flames spread farther into the grove.
Meanwhile, most evacuation orders were lifted Saturday in the Sierra foothills about 80 miles (128 kilometers) to the northwest of the Yosemite fire, where a fire broke out on July 4. The Electra Fire that began near Jackson was mostly contained, and only areas directly within the fire's perimeter remained under evacuation orders, according to the California Department of Forestry and Fire Protection.
Copyright 2022 NPR. To see more, visit https://www.npr.org. | https://www.hawaiipublicradio.org/npr-news/2022-07-09/yosemite-wildfire-threatens-grove-of-iconic-sequoia-trees | 2022-07-10T10:22:26Z | https://www.hawaiipublicradio.org/npr-news/2022-07-09/yosemite-wildfire-threatens-grove-of-iconic-sequoia-trees | false | 80 |
Yosemite wildfire threatens grove of iconic sequoia trees
The largest grove of giant sequoias in Yosemite National Park remained closed Saturday as firefighters battled a blaze that threatened the gathering of the iconic trees and forced hundreds of campers to evacuate.
The rest of the park in California remained open, though smoke that hung in the air obscured some of the most scenic vistas and views.
More than 500 mature sequoias were threatened in the Mariposa Grove but as of Saturday afternoon there were no reports of severe damage to any named trees, including the 3,000-year-old Grizzly Giant. Some of the massive trunks were wrapped in fire-resistant foil for protection as the blaze burned out of control.
The cause of the fire was under investigation.
Beyond the trees, the small community of Wawona, which is surrounded by park and a campground, was under threat, with people ordered to leave their homes and campsites on Friday night.
The fire was proving difficult to contain, with firefighters throwing “every tactic imaginable" at it, said Nancy Phillipe, a Yosemite fire information spokesperson. That included air drops of fire retardant as well as the planned use of bulldozers to create fire lines, a tactic that's rarely used in a wilderness setting like Yosemite, Phillipe said.
The bulldozers would primarily be used to put in fire lines to protect Wawona, she said. About 600 to 700 people who were staying at the Wawona campground in tents, cabins and an historic hotel were ordered to leave.
Though firefighters were facing hot and dry conditions, they didn't have to contend with intense winds on Saturday, said Jeffrey Barlow, senior meteorologist with the National Weather Service in Hanford. Given the relatively small size of the fire and minimal winds, smoke impacts were not expected to stretch far beyond the park, he said.
The giant sequoias, native in only about 70 groves spread along the western slope of California’s Sierra Nevada range, were once considered impervious to flames but have become increasingly vulnerable as wildfires fueled by a buildup of undergrowth from a century of fire suppression and drought exacerbated by climate change have become more intense and destructive.
Lightning-sparked wildfires over the past two years have killed up to a fifth of the estimated 75,000 large sequoias, which are the biggest trees by volume.
There was no obvious natural spark for the fire that broke out Thursday next to the park’s Washburn Trail, Phillipe said. Smoke was reported by visitors walking in the grove that reopened in 2018 after a $40 million renovation that took three years.
The fire had grown to about 1.9 square miles (4.8 square kilometers) by Saturday evening.
A fierce windstorm ripped through the grove a year-and-a-half ago and toppled 15 giant sequoias, along with countless other trees.
The downed trees, along with massive numbers of pines killed by bark beetles, provided ample fuel for the flames.
The park has used prescribed burns to clear brush around the sequoias, which helps protect them if flames spread farther into the grove.
Meanwhile, most evacuation orders were lifted Saturday in the Sierra foothills about 80 miles (128 kilometers) to the northwest of the Yosemite fire, where a fire broke out on July 4. The Electra Fire that began near Jackson was mostly contained, and only areas directly within the fire's perimeter remained under evacuation orders, according to the California Department of Forestry and Fire Protection. | https://www.ketv.com/article/yosemite-wildfire-threatens-grove-iconic-sequoia-trees/40566118 | 2022-07-10T10:25:41Z | https://www.ketv.com/article/yosemite-wildfire-threatens-grove-iconic-sequoia-trees/40566118 | false | 80 |
The Biden administration has moved to strengthen ties with key south-east Asian ally Thailand as it presses ahead with efforts to counter China’s relentless push for influence in the region.
US Secretary of State Antony Blinken signed two co-operation agreements with his Thai counterpart in Bangkok, pledging to expand strategic co-operation and improve the resilience of supply chains.
Although modest, the deals fit into the Biden administration’s broader strategy for the Indo-Pacific, which is aimed at blunting China’s increasing assertiveness and offering alternatives to Beijing-sponsored development that many US officials regard as a trap for smaller, poorer nations.
Mr Blinken did not mention China by name in his comments with Thai Prime Minister Prayuth Chan-ocha or Foreign Minister Don Pramudwinai, but after signing the deals he said the US and Thailand “share the same goal of a free, open, interconnected prosperous, resilient and secure Indo-Pacific”.
American officials often use that phrase to refer to the prevention of Chinese dominance in the region, and US Defence Secretary Lloyd Austin had similar comments when he visited Bangkok last month and met Mr Prayuth.
Thailand is already a member of President Joe Biden’s Indo-Pacific Economic Forum, a bloc that was created earlier this year with the aim of curbing the momentum of China’s Belt and Road Initiative, which has poured billions into development and infrastructure projects throughout Asia and elsewhere.
Mr Blinken travelled to Thailand after attending an international conference in Bali, Indonesia, where he met Chinese foreign minister Wang Yi and warned that Beijing’s support for Russia on Ukraine poses a threat to the rules-based international order.
Like its predecessors, the Biden administration has watched China’s rapid growth warily and sought to hold it to international standards without significant success.
The US and like-minded democracies are trying to discourage developing south-east Asian countries from entering large-scale infrastructure and development projects with China unless they are proven economically feasible, structurally sound and environmentally safe.
Speaking in Bali, Mr Blinken said: “What we’re about is not asking countries to choose but giving them a choice when it comes to things like investment and infrastructure, development assistance.
“There is on one level plenty of room for everyone to do that because the needs are immense. But what we want to make sure is that we’re engaged in a race to the top – that is, we do things to the highest standards – not a race to the bottom where we do things to the lowest standards.”
US officials from multiple administrations have criticised China for exploiting smaller nations by luring them into unfair or deceptive agreements.
“My hope would be that if, as China continues to engage itself in all of these efforts that it engages in a race to the top, that it raise its game,” Mr Blinken said. “That would actually benefit everyone.”
Before returning to Washington, Mr Blinken will travel to Tokyo on Monday to offer condolences to senior Japanese officials following the assassination on Friday of former prime minister Shinzo Abe. | https://www.expressandstar.com/news/world-news/2022/07/10/us-boosts-links-with-thailand-amid-chinas-push-to-expand-influence/ | 2022-07-10T10:30:10Z | https://www.expressandstar.com/news/world-news/2022/07/10/us-boosts-links-with-thailand-amid-chinas-push-to-expand-influence/ | true | 9 |
PR Newswire
NEW YORK, June 30, 2022
NEW YORK, June 30, 2022 /PRNewswire/ -- Levi & Korsinsky, LLP notifies investors in Unilever PLC ("Unilever" or the "Company") (NYSE: UL) of a class action securities lawsuit.
CLASS DEFINITION: The lawsuit seeks to recover losses on behalf of Unilever investors who were adversely affected by alleged securities fraud. This lawsuit is on behalf of all persons who purchased or otherwise acquired Unilever American Depositary Receipts between September 2, 2020 and July 21, 2021, inclusive. Follow the link below to get more information and be contacted by a member of our team:
https://www.zlk.com/pslra-1/unilever-plc-loss-submission-form?prid=29352&wire=4
UL investors may also contact Joseph E. Levi, Esq. via email at [email protected] or by telephone at (212) 363-7500.
CASE DETAILS: The filed complaint alleges that defendants made false statements and/or concealed that: a) in July 2020, the board of Ben & Jerry's, one of Unilever's marquee brands, passed a resolution to end sales of its ice cream in "Occupied Palestinian Territory" ; and b) this boycott decision risked adverse governmental actions for violations of laws, executive orders, or resolutions aimed at discouraging boycotts, divestment, and sanctions of Israel adopted by 35 U.S. states.
WHAT'S NEXT? If you suffered a loss in Unilever during the relevant time frame, you have until August 15, 2022 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn't require that you serve as a lead plaintiff.
NO COST TO YOU: If you are a class member, you may be entitled to compensation without payment of any out-of-pocket costs or fees. There is no cost or obligation to participate.
WHY LEVI & KORSINSKY: Over the past 20 years, the team at Levi & Korsinsky has secured hundreds of millions of dollars for aggrieved shareholders and built a track record of winning high-stakes cases. Our firm has extensive expertise representing investors in complex securities litigation and a team of over 70 employees to serve our clients. For seven years in a row, Levi & Korsinsky has ranked in ISS Securities Class Action Services' Top 50 Report as one of the top securities litigation firms in the United States.
CONTACT:
Levi & Korsinsky, LLP
Joseph E. Levi, Esq.
Ed Korsinsky, Esq.
55 Broadway, 10th Floor
New York, NY 10006
[email protected]
Tel: (212) 363-7500
Fax: (212) 363-7171
www.zlk.com
View original content to download multimedia:https://www.prnewswire.com/news-releases/ul-lawsuit-alert-levi--korsinsky-notifies-unilever-plc-investors-of-a-class-action-lawsuit-and-upcoming-deadline-301578074.html
SOURCE Levi & Korsinsky, LLP | https://www.gurufocus.com/news/1814801/ul-lawsuit-alert-levi-korsinsky-notifies-unilever-plc-investors-of-a-class-action-lawsuit-and-upcoming-deadline | 2022-07-10T10:40:56Z | https://www.gurufocus.com/news/1814801/ul-lawsuit-alert-levi-korsinsky-notifies-unilever-plc-investors-of-a-class-action-lawsuit-and-upcoming-deadline | true | 20527 |
Georgia's Brian Kemp raises $3.8M for reelection bid
Georgia Gov. Brian Kemp said Wednesday that his main campaign committee raised $3.8 million in the two months ended June 30, but heavy spending leading up to the Republican's blowout primary win meant that Kemp's total amount of cash on hand continued to decline.
Kemp spokesman Cody Hall said the incumbent's main campaign committee had $6.4 million on hand. That reflects spending of more than $8 million before and just after the May 24 primary when Kemp thrashed former U.S. Sen. David Perdue and others. Kemp had $10.7 million in cash on April 30 and $12.7 million on Jan. 31.
Kemp also raised $3 million for his Georgians First Leadership Committee, Hall said, giving him a total of $6.8 million raised during the period. That special state fundraising vehicle allows the governor to collect unlimited contributions and coordinate spending with his campaign. The committee also spent about $3 million, leaving it with $650,000 on hand.
Democrat Stacey Abrams has yet to report numbers. Other candidates in November are Libertarian Shane Hazel and independent Al Bartell.
Georgia candidates have a grace period to file after the June 30 deadline, and Kemp had not filed his actual report with state ethics officials as of Wednesday evening.
Abrams has raised more than $20 million for her main campaign committee since announcing her campaign in December.
Kemp has raised more than $23 million over a longer period, topping the $22.4 million he raised in his win over Abrams in 2018.
The campaign in closely divided Georgia is likely to blow past old spending records, with a torrent of political spending expected from candidates, political parties and outside groups, especially when combined with the U.S. Senate race between Democratic incumbent Raphael Warnock and Republican challenger Herschel Walker.
Both Perdue and Abrams sued over the leadership committee, saying it was unfair that Kemp could take in large amounts while Perdue and Abrams were barred until they won their party primaries.
After an earlier ruling that Kemp could not spend money from the committee for his campaign against Perdue , U.S. District Judge Mark Cohen ruled that Georgians First Leadership Committee could not solicit or receive contributions until after the primary election made Kemp the Republican nominee for governor. So the $3 million raised for Georgians First would have all come since May 24.
___
Follow Jeff Amy on Twitter at http://twitter.com/jeffamy .
This story originally appeared in San Diego Union-Tribune . | https://www.newsbreak.com/news/2658693199470/georgia-s-brian-kemp-raises-3-8m-for-reelection-bid | 2022-07-10T10:50:03Z | https://www.newsbreak.com/news/2658693199470/georgia-s-brian-kemp-raises-3-8m-for-reelection-bid | false | 16 |
Cardi B appeared to struggle with a crowd member during her first set at this year’s Wireless Festival, using her microphone to push them away when she hopped down into the crowd.
The moment happened at the very end of her set, when she hopped into the crowd to perform her 2017 hit ‘Bodak Yellow’. In a video posted to social media, Cardi can be seen forcefully pulling back from a punter that appears to try snatching her microphone away.
After singing her final lyric, she leans back into the crowd and appears to hit the offending crowd member with the mic – a “thunk” from the mic can be heard when it makes contact with the crowd. Rumours surged online that Cardi and the concertgoer were embroiled in a “fight”, however the rapper herself denies that was the case.
Have a look at the moment below, then see Cardi’s response to the rumours:
While the rooms, neighborhoods, and playgrounds pretend a whole fight happened pic.twitter.com/BdttatYJfH
— KenBarbie™ (@itsKenBarbie) July 9, 2022
It wasn’t NO FIGHT ! @itsKenBarbie got the whole thing on their page ❤️💙 https://t.co/2PclxZWaIT
— Cardi B (@iamcardib) July 9, 2022
Elsewhere during her first Wireless set – which took place at the Finsbury Park edition on Friday (July 8) – Cardi invited Megan Thee Stallion to join her in performing their smash-hit joint single ‘WAP’. It marked the first time that Cardi and Megan performed the song together in the UK, almost two years after it originally landed.
This year’s Wireless Festival kicked off in Crystal Palace Park last weekend, running over July 1-3 with A$AP Rocky, J. Cole and Tyler, The Creator headlining. Both the Finsbury Park and Birmingham NEC editions are currently underway, with the last sets going down tonight (July 10).
Cardi headlined the first night of the Finsbury Park stint, and did the same last night (July 9) in Birmingham. J. Cole will head up the latter bill tonight, while Nicki Minaj leads the fray at Finsbury Park. Burna Boy was also billed to appear at both editions, but pulled out inexplicably on Thursday (July 7).
‘WAP’ will appear on Cardi’s forthcoming second studio album, which is yet to be formally announced, but expected to arrive sometime in 2022. Last month, she responded to the criticism she received after confirming that ‘WAP’ – as well as last year’s ‘Up’ – would appear on the album. “Imagine me not putting my OWN records on my album,” she tweeted, responding to users that alleged she would only include the two songs to take advantage of chart certifications.
Also due to be featured on Cardi’s new album is the Kanye West and Lil Durk-assisted ‘Hot Shit’, which she dropped at the start of July. While an official release date for the album has yet to be revealed, Cardi confirmed in May that it’ll arrive this year, citing “technical difficulties” for the lengthy gap between it and her 2018 debut, ‘Invasion Of Privacy’. | https://www.nme.com/news/music/cardi-b-uses-microphone-to-keep-fan-at-bay-during-wireless-set-3265582 | 2022-07-10T10:50:24Z | https://www.nme.com/news/music/cardi-b-uses-microphone-to-keep-fan-at-bay-during-wireless-set-3265582 | true | 3 |
'Celtic bid for St Mirren's Reid accepted'
- Published
Celtic have had a £125,000 bid for Dylan Reid accepted but the St Mirren youngster, also wanted by Rangers, would go into the club's B team, says manager Ange Postecoglou. (Football Scotland), external
Portuguese side FC Arouca have announced the loan signing of Celtic midfielder Ismaila Soro, with an option to buy the 24-year-old. (Scottish Sun), external
Read the rest of Sunday's Scottish gossip... | https://www.bbc.com/sport/articles/cd1095l5w09o | 2022-07-10T10:54:36Z | https://www.bbc.com/sport/articles/cd1095l5w09o | false | null |
Farnborough College of Technology students ‘flourish in a college culture of mutual respect’
'Our commitment to first-rate education is as consistent as ever, as seen in this latest report.'
Students at Farnborough College of Technology were congratulated by staff after being described as having ‘excellent attitudes towards their learning’ following an Ofsted inspection in May.
A group of 10 Ofsted inspectors spent four days discovering the many outstanding features at the college’s two sites in both Farnborough and Aldershot, Hampshire, before revealing the good news to senior leaders.
Inspectors reported that the quality of education, behaviours and attitudes, personal development, and leadership and management of the college are all outstanding.
The college’s last inspection was in 2011, when inspectors came to the same conclusion that the college is outstanding in its delivery of education.
Principal CEO Virginia Barrett said: “We have worked hard to maintain the outstanding quality of education our community deserves.
"Many things have changed in the world since our inspection in 2011, but our learners and those preparing to join us in September should feel reassured that our commitment to first-rate education is as consistent as ever, as seen in this latest report.”
The inspection looked into courses for 16 to 19 year olds, apprenticeships, and adult education.
A particular area of pride for the college is in its wide range of support. Inspectors found that students particularly valued the efforts made by staff to respond to individual learning and ambitions, while noting that the increase in pastoral support following lockdown has been excellent.
As a college that is focused on career progression for its learners, teachers were delighted that efforts to support students with their next steps was highlighted.
As well as "very well-established links with local businesses, industry and community groups", according to the report, students also benefit from "substantial, high-quality careers advice and guidance", with a "high proportion of learners and apprentices move on to further or higher education or permanent employment". | https://www.inyourarea.co.uk/news/farnborough-college-of-technology-students-flourish-in-a-college-culture-of-mutual-respect/ | 2022-07-10T11:07:02Z | https://www.inyourarea.co.uk/news/farnborough-college-of-technology-students-flourish-in-a-college-culture-of-mutual-respect/ | true | 1 |
We've all heard about the Great Resignation, as 4.4 million U.S. workers quit their jobs each month in 2021. But in some ways, the shift just as easily might have been dubbed the Great Reinvention.
Scores of people changed jobs in search of higher pay, better working conditions and career development opportunities. And as remote work brought on by the pandemic continued, many found it easier to relocate to a new city or devote would-be commuting hours to the pursuit of other interests.
Anthony Klotz, a professor of management at London's UCL School of Management, says that while resignation rates in the U.S. had been steadily increasing over the past decade, a combination of factors — including burnout, the autonomy of remote work and the existential reflections wrought by the pandemic — pushed many people to reevaluate what they were giving and getting from their jobs.
And Klotz would know: He's credited with predicting the Great Resignation and coining the term last May.
Consider: Half of employees surveyed in a fall 2021 U.S. Catalyst/CNBC poll said they intended to make career changes as a result of the pandemic, with most citing the desire for location flexibility. And a Prudential survey conducted in February found that 22% of workers switched jobs during the pandemic, with another 50% actively looking for a new job. Of those who changed jobs, one-third said they took a pay cut in exchange for better work-life balance.
"I think people are reinventing themselves in a way that the time and energy they put into their days pays them back at a higher rate, psychologically speaking, than it did in their prior job or whatever they were doing before the pandemic," Klotz explains.
Change is here to stay, even as we move past the pandemic
Importantly, not all workers were afforded such opportunities. Many low-wage, gig and essential workers weren't able to work from home or change jobs.
That said, according to Saba Waheed, research director at the UCLA Labor Center, the pandemic ignited conversations around work and working conditions across many sectors — discussions about livable wages, accessible child care and family leave, for instance — that she hopes will continue even as many industries return to pre-pandemic operations.
"For me, the 'change' is actually about reconsidering work, leveling the playing field between worker and employer, and being able to make demands on work conditions," Waheed tells NPR over email.
NPR's Morning Edition spoke with five people who reinvented themselves amid the challenges and opportunities presented by the pandemic as part of its Work Life series.
Their journeys are as varied as the individuals themselves, from a stay-at-home mom who became a hospital chaplain to a Broadway performer-turned-software engineer. But they all have one thing in common: Their stories illustrate how the pandemic has been a personal and professional turning point for so many people, many of whom are unlikely to look back.
Klotz predicts that the next two to five years will likely see many companies collecting feedback and experimenting to figure out how best to invest in employees, with the end goal of making the world of work more sustainable for everyone. That will continue to be important long after COVID-19 restrictions.
"We haven't exited this environment where we're surrounded by threats to our well-being," Klotz said, citing examples such as Russia's war in Ukraine, the recent spate of mass shootings and the U.S. Supreme Court's reversal of Roe v. Wade.
"I think organizations are saying, 'Employees don't check that stuff at the door,'" Klotz says. "We have to invest in their well-being and understand that we're in an environment where the stressors are not just coming from the work itself or the workplace."
A Broadway performer finds her voice as a software engineer
Carla Stickler, 38, had wanted to be a singer since childhood. After years of practice, high school performances and touring the world in the companies of several musicals, she made it to Broadway in 2010 as part of the ensemble cast of Wicked and the understudy for Elphaba, aka the Wicked Witch of the West.
The work was grueling — eight shows a week in addition to being on standby to fill in as the lead.
Stickler enjoyed her work, but five years of dancing in 4-inch heels on an angled stage in a heavy wig took a physical toll. And the schedule meant she routinely missed out on holidays and other social events.
"I spent more time at the physical therapist, at my personal therapist, in the gym just trying to care for myself than actually having any sort of like a social life," she said. "And I was like, 'This is not ... the way I think I want to live the rest of my life.'"
Stickler left Wicked in 2015 but kept a foot firmly in the musical theater world as she got a master's in theater education, taught voice lessons and even filled in as Elphaba in emergencies.
But that was a lot of hustling without much job security (or health insurance, considering she didn't work enough hours to get it from the show). In 2018, when a friend who had left his job as a composer to become a software engineer told her about his experience, something clicked.
Stickler went home and Googled "how to code." She taught herself using free online resources, then signed up for an intensive boot camp — while still teaching and performing. To her surprise, coding — like musical theater — allowed her to be creative.
"In acting, we use our bodies to tell a story," she says. "In programming, we use code. "It's just a different medium. Painters use paint; coders use programming languages."
Stickler was initially hesitant to tell her theater friends and co-workers about her coding pursuits, as she wasn't ready to fully commit to leaving the arts and didn't want to be labeled a failure if she did.
But when COVID-19 hit and Broadway shut down, everyone was suddenly in the same boat — forced to find other work. So Stickler took the leap and applied for tech jobs.
She ended up taking a customer-facing role for the first year. While it wasn't the job she had in mind, it gave her health insurance and stability.
"It gave me the opportunity to feel safe and secure in a time when the world was a mess, and it allowed my husband and I to both realize that we did not want to live in 650 square feet in Brooklyn anymore," she says.
They bought a house in Chicago to be closer to their families. Then she landed a remote software engineering role.
Still, Stickler says it doesn't yet feel totally natural to introduce herself to people as a software engineer, as opposed to a Broadway singer. She says she feels the need to explain what she used to do, in part because she doesn't fit the stereotype of a typical engineer.
But that's an idea she is actively working to challenge, for herself and for others.
During the pandemic, Stickler connected with a group started by other performers-turned-engineers that aimed to funnel actors and artists toward coding resources. She said many are now working software engineers, and it's been inspiring to see them realize how much they are capable of — something she herself experienced.
Stickler says she feared switching careers would mean she was no longer an artist. But she returned to Broadway during January's omicron surge for a brief stint as Elphaba. And she's still singing, even if that's just at her local karaoke bar for now.
"This whole journey has been terrifying, if I'm being honest. ... I was just kind of taking a leap of faith and hoping that it would work out," she says. "And it's ended up being this incredible thing in my life and I'm beyond grateful that I was able to do that."
A stay-at-home mom felt trapped, now she's a hospital chaplain
Cati Bennett, 36, left her job in university administration when her second child was born in 2019. She was gearing up to reenter the workforce right as the pandemic hit.
She retreated inside with her two kids while her husband, an intensive care unit nurse, was thrust onto the front lines and put up in a hotel room between shifts. All of the resources that she had previously relied on as a stay-at-home mom — library story time, playgrounds, babysitters — were gone.
Their family's world "got very small very quickly," Bennett says, adding that there were days that passed without her talking to another adult except through screens.
"I felt trapped," she says. "It was like I had these people on the phone who loved me, who loved my kids, saying they wished they could help and they couldn't."
Bennett was depleting her own resources caring for her kids and her husband, and even a few months into the pandemic she knew the pace wasn't sustainable.
Bennett contacted an acquaintance who was running a training program for volunteer chaplains at a hospital in downtown Los Angeles and had encouraged Bennett to get involved over the years.
Bennett, who has a master's of divinity, had never been drawn to chaplain work. She considered it to be "for extroverts or people who really like to pray ... and I just never saw myself that way."
But, driven by desperation, she started volunteering at the hospital in 2020, well before vaccines were available. Bennett recalls being terrified at first — and not just of being so close to sick patients.
"That was less scary for me than people asking me to pray, honestly," Bennett says, explaining that she was worried she would mess up or disappoint.
She ended up making a cheat sheet with a couple of different prayers to keep in her pocket but didn't use it as much as she'd expected. In fact, she has found that chaplaincy work is more about being present with people and discussing whatever they are experiencing.
"And sometimes those conversations lead to questions about God or death or what happens after death," she adds. "But generally, it's just about people. And that is the only reason why I could do this work."
It wasn't easy, and Bennett experienced a lot of grief herself. She remembers taking a break one day during winter 2020 to look out her window, only to see three refrigerated morgue trucks. Another time, she met a nurse who, on her last day before quitting, said she was asked to deliver another body to the morgue — and because the hospital was out of body bags, she was told to start doubling up.
"And in that moment, I don't know, it's like ... it's tragic, but it's inside this giant heap of tragedy," Bennett says. "To not be present to my own sadness and confusion about what was going on, that would mean that I couldn't see what was happening for her when she had to stack two bodies in a body bag before she went and ate cake and said goodbye to her friends in the nurse break room."
But her job was also full of meaningful moments, like getting to spend an uninterrupted hour with a patient who was dying — a relatively long time compared with medical professionals on her interdisciplinary team, who were often forced to rush between multiple patients.
"That is also joyful work for me, because while it's hard, it feels sometimes like the only work worth doing for me," Bennett says, adding that she is grateful to be afforded trust and have access to so many people's stories.
Bennett's career shift has also affected her family: They moved to the Portland area for her residency program. After getting certified, she aims to work part time to be home with her kids and then move to full time as they get older.
"I was worried about pretending," she says. "I think that was what I was most worried about, like pretending to have the answers, pretending to have this great wall of faith. And so I've been really pleasantly surprised to find that that is not what chaplain work is, that it is exactly the opposite. That I get to be more honest than I've ever been in my life."
A period of reflection led to the end of a marriage, a career pivot and a new wardrobe
When the pandemic hit, Jack Elliott started rethinking the relationships in their life — starting with their marriage.
"We realized not too long into the pandemic that our marriage had an expiration date," they say. "And by November of 2020 we had decided that it was best for us to have an amicable split."
That probably wouldn't have happened so fast without the pandemic, says Elliott, who started reevaluating other relationships in their life, especially the unhealthy ones. During this time of reflection, they ended up breaking off contact with some friends as well as their mom, for whom they said their safety and happiness were never a top priority. Then came their career.
Before the pandemic, Elliott, 34, worked as a case manager for a housing program, meaningful work that came with a lot of challenges and stress. They wanted a job where they could still better people's lives, "but in a way that was more true to what I wanted to do and how I wanted to do it."
After months of job hunting, Elliott -- who lives in Salem, Ore. — landed a role at the Oregon Health Authority, with more leadership responsibilities and other opportunities.
As a nonbinary person, they had previously felt boxed into a certain public image, feeling the need to wear button-down shirts and slacks instead of clothes they felt comfortable wearing. But during the pandemic, at their new job, Elliott traded in their dress shirts for overalls.
"It's a funny thing when you feel more confident in the world's capacity to accept you for who you are at face value," Elliott says. "Like when you work in a place where people see you on screen and in like a floral jumper and in a shirt with some flowers on it and say like, 'Oh cool — it's Jack, hey Jack' instead of like, 'That's kind of an interesting outfit' ...
"That, I think, for me has helped me feel a little less fearful of opportunities and challenges," Elliott says.
All of these changes have added up, empowering Elliott to embrace new personal relationships and professional opportunities, all while living more authentically. Looking through photos, they say they're even smiling differently -- more easily and genuinely -- now.
In the early days of the pandemic and their divorce, Elliott recorded a message to their future self along the lines of, "You and I both know that what you're going through right now is incredibly difficult — whatever it is — but I promise you just like all the times before you're going to get through this." And they offer similar advice to others going through struggles.
"I think that when you start healing yourself from whatever it is you're healing from, whether it's a divorce or bad relationships with your parents or trauma or whatever, there is a point of no return ...," they say. "And that's when the best stuff happens. And I just want to encourage anyone who's going through that right now: Just keep going. It's so hard and it's so beautiful and so worth it."
An actor flipped the script to become a bilingual theater teacher
Frank Ruiz, 24, had steady work as an actor before the pandemic, performing at regional theaters and touring internationally with The Wizard of Oz. But it wasn't necessarily the kind of musical theater work he had set out to do.
Ruiz, whose parents immigrated to the U.S. from Nicaragua in the 1980s and 1990s, says the jobs he was doing didn't really speak to his identity (or his physical strengths, as many involved more technical dancing than he had been trained to do).
"I think it was the musical West Side Story when I had an idea, like, 'Oh this is something I could do,'" he recalled. "I learned more and more and wanted to really explore telling stories that resonate with who I am ... And I never really got the opportunity to do that."
Ruiz also had negative experiences with teachers and agents who, as he put it, tried to put him in a box because of his background. He recalls how one of his teachers, while otherwise supportive, suggested he consider changing his last name to one that could help him pass as white to further his career.
Ruiz's first name was already an Americanized version of Francisco, the family name his parents wanted to give him. But he decided to give the suggestion a try, adopting the last name "Martin" from his mother's maiden name, Martinez. It didn't stick — and it didn't feel good, either.
"It's this one ... little betrayal, if you will, of not ... trusting that I can be myself and still be successful," he says. "It makes my stomach turn a little bit, thinking how quickly I latched on to that idea. And it's still something I deal with now, just thinking about how long it took me to really realize how hurtful that was."
Those so-called betrayals didn't stop when he finished school. Ruiz performed numbers from Hello, Dolly! at his graduation showcase — in other words, no rap — but agents seemed to want to talk only about shows like In the Heights and Hamilton, he says.
"I think it's really difficult when people as a whole are forced to be this one-dimensional version of themselves, that's already a challenge," he says. "So to ask someone to do that when it doesn't even reflect who they are — it's a big ask and it's a challenge to be asked to do that over and over again."
Ruiz wished he had more opportunity to explore using music as a storytelling device, and the pandemic finally offered him that chance. He did family research that revealed he is descended from renowned folk singers in Nicaragua and learned the guitar to play folk and protest music, which he said "just resonated with my heart."
He also decided to look for a new job, applying for theater teaching jobs throughout New York City. Ruiz now teaches at an art center in Red Bank, N.J., which has a large Spanish-speaking population.
Ruiz runs an outreach program for children and teenagers, in English and Spanish, where he teaches them the fundamentals of acting through improvisation and offers them the opportunity to express their own identity and perspectives.
He has since realized that he doesn't want to stop teaching — and would accept an acting job only if it meant he could do both.
While his new role can be challenging, Ruiz said he appreciates being able to advocate for people that remind him of his family. And he finally feels like he's bringing his whole, true self to work, which he hopes benefits not just himself but his students and co-workers too.
"As I do this work, as I continue to teach, I feel more authentically myself than I ever have," he adds.
She used to feel guilty about balancing motherhood and work — not anymore
Before the pandemic, Kristin Zawatski, 44, had a lot of anxiety around picking her kids up after school.
Zawatski, who lives outside Boston, was committed to her job in higher education, hitting her deliverables and working late when needed. But she worried about what her colleagues and bosses thought when she left early to take her two sons to Cub Scouts or swimming lessons -- what she describes as a holdover from her days working in finance.
"Oh, I always felt like they were looking at their watch when I was leaving ..." she says. "'Oh, you know she's leaving again at 4:15.'"
As a result, Zawatski didn't often ask for time off to chaperone field trips or go to school performances. And when she did, she was wracked with guilt and constantly checking her work email on her phone.
Then came COVID-19.
At first, Zawatski would work all day, joking that she would close her laptop only when somebody asked whether they were going to eat dinner. But a couple of months in, she realized that nobody was paying attention to how long she was working — everyone else was also home, scared and trying to balance work and family responsibilities.
"I started to realize that all of the hang-ups about being away from work to spend time with my kids, that was all me wanting to be a really good employee. But my work speaks for itself," she says, adding that the pandemic made her realize that an hour here or a day there won't change that.
She says the silver lining of the pandemic was the quality time their family spent together, including working their way through the Marvel universe during weekly movie nights. That dark time helped shed light on what was most important to her.
"The pandemic was terrifying in the sense that if I got sick I didn't know if I'd be there the next day to see my kids," she says. "Knowing that life could be short, I didn't want to waste it anymore ... worrying about what kind of employee I was. Because my kids don't care what kind of employee I am — my kids care what kind of mom I am."
Since the return to in-person school and extracurricular activities, she's continued to take time away from work to attend reading ceremonies and field days, and even covered her sixth-grader's classroom one morning so his teacher could join her colleagues for breakfast during Teacher Appreciation Week.
Zawatski will still answer a late-night email if it's important or duck out of karate practice to take a time-sensitive call. But she says she no longer feels as guilty leaving work early or arriving an hour late — because her job isn't the only source of time-sensitive deadlines.
Her kids are getting older, and Zawatski predicts her 12-year-old son will soon probably be more embarrassed than excited to have his mom visit his classroom.
"So I might as well take advantage of it and go be a mom for a while," she says. "Because I can still be a really good project manager, right after I'm done at school."
The audio interviews for this story were conducted by Rachel Martin, produced by Milton Guevara and edited by Miranda Kennedy.
Copyright 2022 NPR. To see more, visit https://www.npr.org. | https://www.wksu.org/npr-news/2022-07-10/the-pandemic-pushed-people-to-reevaluate-their-jobs-meet-5-who-reinvented-themselves | 2022-07-10T11:14:50Z | https://www.wksu.org/npr-news/2022-07-10/the-pandemic-pushed-people-to-reevaluate-their-jobs-meet-5-who-reinvented-themselves | true | 12 |
Secretary Antony J. Blinken And Thai Deputy Prime Minister and Foreign Minister Don Pramudwinai Remarks to the Press
FOREIGN MINISTER PRAMUDWINAI: Members of the press, media, thank you very much for congregating here, joining us in welcoming Secretary Blinken and delegation to Thailand. And we, in particular, the hosts, are very much pleased to welcome Secretary Blinken during his first official visit to Thailand. And certainly this visit allows to follow up on the visit of the Prime Minister when he was in Washington, D.C. in May this year, and the bilateral meeting we had in Washington September, last meeting in the year 2021, and the previous one in May 2022, too.
And as we’re celebrating the 190th anniversary of diplomatic relations, another milestone of the Thai-U.S. relation has been set, and today we just finish off with the signing of a communiqué, the Thai-U.S. Communiqué on Strategic Alliance and Partnership, which is a testament to our close alliance and longstanding ties of friendship, which set forth our strategy goals based on shared values and common interests.
Apart from the Strategic Alliance and Partnership Communiqué, the second signing was on the MOU on promoting supply chain resilience. Again, this ensures strong, resilient, and diverse supply chain cooperation, particularly in critical industry, in technological innovation.
And certainly, apart from the signing, we had discussion, as you probably noted, that – it was more than 45 minutes allowed – but it was a very useful and fruitful discussion that we had, covering a number of issues. And all those issues you may ask. I don’t know whether we’re allowed to be answering questions, but then certainly not only bilateral issues were discussed, regional issues, made the main channel of our discussion as well. And not only regional, but international was also included.
We also touched on the APEC, ASEAN, which Thailand is currently in the – the host and the chair. We will be passing the torch to the United States for 2023 chairmanship of APEC by the U.S.
So I’ll try to make it short. I know we can hear more from our visitor, Secretary Blinken. Please, and I would keep this remark as short as it is. Thank you.
SECRETARY BLINKEN: Don, thank you. Thank you so much. Hello, everyone. It’s really a pleasure to finally be here. We had a trip planned earlier that COVID got in the way of, but it’s wonderful to be here now, to be with you, and also to see you so soon after your recent visit to Washington, and to continue the extremely productive dialogue, conversation we have about the relationship between the United States and Thailand, our work together with ASEAN, and so many other things.
I’m especially pleased to be in Thailand at a time when we have an ally and partner in the Indo-Pacific of such importance to us that is in a region that is shaping the trajectory of the 21st century, and it’s doing that every single day.
As the chair of APEC this year, Don, Thailand is at the forefront of doing that shaping. To name just one example, thanks to Thailand’s leadership we’ve seen APEC nations work together this year to promote economic policies that are aligned with tackling the existential challenge of our time, and that is climate change.
Our countries share the goal of a free, open, interconnected, prosperous, resilient, and secure Indo-Pacific. In recent years we’ve worked together even more closely toward that vision.
Our economic ties are incredibly strong. And even now, emerging from COVID, they will grow stronger. We’re grateful for Thailand’s partnership in launching with us the Indo-Pacific Economic Framework. That’s going to help create a stronger, fairer, more resilient economy that will help families, it will help workers, it will help businesses across the region.
Our security ties are strong. Just a few weeks ago, Secretary Austin and Prime Minister Prayut discussed new ways to advance together regional security, including by expanding joint training and exercises and also collaborating in emerging areas of concern, like cyber and space.
And of course, we’re working very closely together, the United States and Thailand, on the climate crisis. Thailand was the first country to join our Clean Energy Demand Initiative, which connects countries looking to expand their use of renewable energy with companies that can help them do just that. Already we have got seven companies that have signaled their interest in investing up to $2.7 billion in Thailand’s clean energy infrastructure, and Thailand is moving forward with these collaborations.
These are just a few of the examples of Thailand and the United States deepening ties. As Don said, 190 years, we’re building the foundation for the next 190 years. And the two documents that we just signed will strengthen our alliance even further.
The Communiqué on Strategic Alliance and Partnership is, in my judgment, very significant because it highlights the depth and the breadth of our relationship, and it lays out new areas where we can work together even more closely, like promoting clean and renewable technologies including electric vehicles, carbon capture technology, and ensuring that more of our peoples can participate in and benefit from the digital economy.
Secretary of State Dean Rusk, one of my very illustrious predecessors, and Foreign Minister Thanat Khoman signed a communiqué in Washington 60 years ago that solidified the U.S.-Thai alliance. With this new agreement, we’re expanding their vision. We’re broadening our cooperation. We are taking a partnership between us fully into the 21st century.
As Don said, the other document that we signed together addresses one of the key issues of our time that has been brought into such clear relief by the COVID crisis and that affects the daily lives of Thais and Americans alike, and that is supply chains and the need to have resilient supply chains. The memorandum of understanding that promotes supply chain resilience will make it easier for Thailand and the United States to quickly share information and consult on possible supply chain disruptions so that we can actually take early action to mitigate problems.
This memorandum of understanding will also make it easier to work with our respective private sectors to identify ways to make existing supply chains run more smoothly. Again, the COVID pandemic has made clear to people around the world how critical it is that we have reliable supply chains, for example, to ensure that people have access to lifesaving medicines, to personal protective equipment. All of that we’ve seen in such stark relief these last couple of years.
So with these new agreements, our countries will do even more together to actually deliver for our people. That’s the objective – to make their lives a little bit safer, a little bit healthier, a little bit more prosperous. That spirit of seeking shared progress I think has been inherent in our partnership from day one. So next year we will celebrate 190 years of diplomatic relations. There’s a document that began our friendship, the 1833 Treaty of Amity and Commerce, and it was signed on a scroll that was no more than 90 inches long. And it certainly included no mention of renewable energy or supply chains.
What it did say was this. It said that our countries would engage in commerce, and I quote, “as long as heaven and earth shall endure,” and that we would live, and I quote again, “in perpetual peace” with each other. So for nearly two centuries that’s exactly what we’ve done. The documents we’ve signed today will build on that peace, build on that friendship, for the benefit of the Thai people, the American people, and people around the world. Thank you very much.
DEPUTY PRIME MINISTER/FOREIGN MINISTER PRAMUDWINAI: We have also laid a foundation for the next 190 years, as well.
SECRETARY BLINKEN: Exactly. Thank you. Thank you very much.
DEPUTY PRIME MINISTER/FOREIGN MINISTER PRAMUDWINAI: Thank you. | https://www.einpresswire.com/article/580596348/secretary-antony-j-blinken-and-thai-deputy-prime-minister-and-foreign-minister-don-pramudwinai-remarks-to-the-press | 2022-07-10T11:16:54Z | https://www.einpresswire.com/article/580596348/secretary-antony-j-blinken-and-thai-deputy-prime-minister-and-foreign-minister-don-pramudwinai-remarks-to-the-press | false | 2 |
Gotabaya Rajapaksa's political destiny has turned a full circle from being a popular Sri Lankan President to a symbol of hatred within a short span of just 30 months.
The man elected with a 60 per cent popular majority from among the Sinhala Buddhist majority is in hiding. Having fled the Presidential Palace on the eve of the unceasing wave of the second popular uprising, the 73-year-old President remains incommunicado.
The ignominy he has been subject to was as big as the power he assumed for himself through the 20th Amendment after being elected in November 2019.
What holds for him and the Rajapaksa dynasty?
They reigned supreme with as many as four from the Rajapaksa family in the top echelons of power while two nephews waiting in the wings in the lower rung of Parliament.
Also Read: Why Sri Lanka's economy collapsed - and what's next
"Gotabaya Rajapaksa may have been the most powerful of the Rajapaksa brothers in terms of popular support and the constitutional capacity he wielded as the president, he never had a firm grip in his own party, the Sri Lanka Podujana Peramuna (SLPP)," said Kusal Perera a political commentator and writer in Colombo.
The reason was Gotabaya, who had never been a politician, was piggybacking on his brother Mahinda's charisma and political acumen, he said.
Perera dismissed rumours that Gotabaya Rajapaksa may still not leave the presidency despite his message to parliamentary speaker that he would resign next Wednesday bowing to the demand of the uprising.
There is a school of thought that by opting to delay his resignation, he was bidding time so the uprising against his government may recede.
"His political position has been weakened substantially. Even his own staff would not stand with him now. No chance for him to make a comeback in order to resume the presidency," Perera said.
Also Read: Awe and anger in Sri Lanka's ransacked presidential palace
What of Mahinda Rajapaksa the once political colossus, a cult personality revered by the Sinhala majority?
"Mahinda would not be a factor anymore, he has become physically weaker with age - no chance he would be politically the same potent charismatic force as he used to be. Not after he was virtually forced out of the Temple Trees (Prime Minister's residence) by massive crowds,” Perera said of the 76-year-old patriarch of the Rajapaksa family who has been the country's President and Prime Minister.
Basil, the younger sibling, the widely accepted political strategist and the managerial and organisational talent of the family camp is never seen as the one to take things lying low.
Basil, 71, masterminded the Rajapaksa renaissance by designing the SLPP - the vehicle which regained the glory of the dynasty having been in the dumps between 2015-19.
"Basil could be effective only to the extent that Mahinda retains his public appeal. Basil was like the business manager for Mahinda the investor," Perera said of the former finance minister, who was forced to resign in April as the island nation's economy showed signs of a looming economic crisis.
The power of the uprising was such that Basil took a tumble from being the Finance minister to resigning his parliamentary seat within a matter of a few weeks. There is no comeback for Basil either, Perera said as the SLPP could not expect to perform too well at future elections with no charismatic Rajapaksa in the lead.
Also Read: Protesters in Sri Lanka claim they recovered millions inside President Rajapaksa’s house: Report
What then of Namal, the heir apparent?
"Namal has not been able to come across in the public eye as a personality of serious credentials," Perera said, adding that the 36-year-old politician too would be relegated into a non-entity with the loss of sheen of his father Mahinda Rajapaksa's glory.
MSM Ayub, another columnist/analyst ruled out the emergence of any of the Rajapaksas from the current abyss at the 2025 elections.
"It could be that they are now thinking of 2030 as their best bet to make an impression through Namal Rajapaksa and his 45-year-old cousin Shasheendra," he said.
Ayub said the effect of the economic crisis means that the hopes of the younger generations remain dashed. "This would be hard to dislodge in their legacy," he added.
Cash-strapped Sri Lanka is struggling to import food, fuel and medicine amid the country's worst economic crisis in 70 years. The bankrupt country has run out of foreign currency and has had to impose a ban on sales of petrol and diesel for private vehicles, leading to days-long queues for fuel.
Hundreds of thousands of people descended on the capital Colombo on Saturday, calling for President Gotabaya Rajapaksa to resign after months of protests over economic mismanagement.
President Rajapaksa has announced that he will step down on July 13 after protesters stormed his official residence and set the house of Prime Minister Ranil Wickremesinghe's house on fire. Prime Minister Ranil Wickremesinghe has also agreed to resign.
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Shoaib Akhtar stones the devil 'at 100 mph', video goes viral
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Former Pakistani cricketer, Shoaib Akhtar, performed this years Hajj as an official state guest of Saudi Arabia.
Keeping his fans updated about the key rituals of annual Islamic pilgrimage, the Rawalpindi Express can be seen throwing stones at Satan known as Rami. Akhtar donning a white rob, performed the stoning ritual in the latest post.
Didn't measure the speed, but the anger was definitely 100 mph, he wrote on Instagram.
Stoning of the Jamara is a ritual carried out by Hajj pilgrims whereby pebbles are thrown at three stone structures in Mina. The act of throwing stones at the Jamarat is known as “Rami”.
Meanwhile, netizens joked about Akhtar's fast speed and how the stones will hit Satan or Shaitaan.
View this post on Instagram
The noted pacer has been sharing videos on his social media platforms as he embarked on the Hajj journey.
Earlier, the 46-year-old revealed that he is going for honorary Hajj as State Guest of Saudi Arabia. Akhtar mentioned addressing the Hajj Conference attended by leaders of the Muslim world in Makkah.
He also expressed gratitude to Saudi Embassy in Pakistan and Nawaf bin Said Al-Malki, honorable Ambassador to Pakistan.
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Host Hotels & Resorts (NASDAQ:HST – Get Rating) had its target price decreased by Barclays from $23.00 to $22.00 in a research report released on Thursday morning, The Fly reports. Barclays currently has an overweight rating on the stock.
A number of other research firms have also weighed in on HST. Truist Financial raised their price target on shares of Host Hotels & Resorts from $19.00 to $21.00 and gave the company a hold rating in a research report on Wednesday, June 1st. Deutsche Bank Aktiengesellschaft raised their price target on shares of Host Hotels & Resorts from $23.00 to $26.00 in a research report on Friday, May 6th. Jefferies Financial Group upgraded shares of Host Hotels & Resorts from a hold rating to a buy rating and raised their price objective for the stock from $20.00 to $25.00 in a report on Wednesday, March 30th. Raymond James upgraded shares of Host Hotels & Resorts from a market perform rating to an outperform rating and set a $21.00 price objective for the company in a report on Wednesday, March 16th. Finally, Wells Fargo & Company raised their price objective on shares of Host Hotels & Resorts from $18.00 to $19.00 and gave the stock an equal weight rating in a report on Thursday, March 10th. Four investment analysts have rated the stock with a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of Moderate Buy and a consensus price target of $21.70.
Host Hotels & Resorts stock opened at $15.95 on Thursday. Host Hotels & Resorts has a 1-year low of $14.67 and a 1-year high of $21.63. The firm has a market capitalization of $11.40 billion, a price-to-earnings ratio of 45.57 and a beta of 1.22. The firm’s fifty day moving average price is $18.41 and its two-hundred day moving average price is $18.40. The company has a current ratio of 4.03, a quick ratio of 4.03 and a debt-to-equity ratio of 0.65.
The firm also recently announced a quarterly dividend, which will be paid on Friday, July 15th. Stockholders of record on Thursday, June 30th will be paid a $0.06 dividend. This is an increase from Host Hotels & Resorts’s previous quarterly dividend of $0.03. The ex-dividend date of this dividend is Wednesday, June 29th. This represents a $0.24 annualized dividend and a dividend yield of 1.50%. Host Hotels & Resorts’s dividend payout ratio (DPR) is presently 68.57%.
In other news, Director Walter C. Rakowich sold 3,290 shares of the firm’s stock in a transaction that occurred on Friday, May 20th. The shares were sold at an average price of $19.61, for a total value of $64,516.90. Following the completion of the transaction, the director now directly owns 53,083 shares in the company, valued at $1,040,957.63. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, VP Nathan S. Tyrrell sold 10,707 shares of the firm’s stock in a transaction that occurred on Tuesday, June 7th. The shares were sold at an average price of $21.00, for a total transaction of $224,847.00. Following the completion of the transaction, the vice president now owns 379,285 shares of the company’s stock, valued at $7,964,985. The disclosure for this sale can be found here. 1.20% of the stock is owned by company insiders.
Several hedge funds have recently added to or reduced their stakes in HST. Brown Brothers Harriman & Co. lifted its position in Host Hotels & Resorts by 1,921.5% during the first quarter. Brown Brothers Harriman & Co. now owns 1,314 shares of the company’s stock valued at $26,000 after purchasing an additional 1,249 shares during the last quarter. Tcwp LLC bought a new stake in Host Hotels & Resorts during the first quarter valued at approximately $31,000. Parkside Financial Bank & Trust lifted its position in Host Hotels & Resorts by 146.3% during the first quarter. Parkside Financial Bank & Trust now owns 1,643 shares of the company’s stock valued at $32,000 after purchasing an additional 976 shares during the last quarter. Desjardins Global Asset Management Inc. bought a new stake in Host Hotels & Resorts during the fourth quarter valued at approximately $40,000. Finally, Harvest Fund Management Co. Ltd lifted its position in Host Hotels & Resorts by 118.2% during the first quarter. Harvest Fund Management Co. Ltd now owns 2,147 shares of the company’s stock valued at $41,000 after purchasing an additional 1,163 shares during the last quarter.
Host Hotels & Resorts Company Profile (Get Rating)
Host Hotels & Resorts, Inc is an S&P 500 company and is the largest lodging real estate investment trust and one of the largest owners of luxury and upper-upscale hotels. The Company currently owns 74 properties in the United States and five properties internationally totaling approximately 46,100 rooms.
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Receive News & Ratings for Host Hotels & Resorts Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Host Hotels & Resorts and related companies with MarketBeat.com's FREE daily email newsletter. | https://www.themarketsdaily.com/2022/07/10/host-hotels-resorts-nasdaqhst-pt-lowered-to-22-00-at-barclays.html | 2022-07-10T11:32:47Z | https://www.themarketsdaily.com/2022/07/10/host-hotels-resorts-nasdaqhst-pt-lowered-to-22-00-at-barclays.html | false | 1 |
TOKYO — Japanese went to the polls Sunday in the shadow of the assassination of former Prime Minister Shinzo Abe, who was gunned down while making a campaign speech. Abe's governing party appeared to be cruising to a major victory.
As people voted, police in western Japan sent the alleged assassin to a local prosecutors' office for further investigation. A day earlier a top regional police official acknowledged possible security lapses that allowed the attacker to get so close and fire a bullet at the still-influential former Japanese leader.
In a country still recovering from the shock, sadness and fear of Abe's shooting — the first former or serving leader to be assassinated in postwar Japan — polling started for half of the upper house, the less powerful of Japan's two-chamber parliament.
Abe was shot in Nara on Friday and airlifted to a hospital but died of blood loss. Police arrested a former member of Japan's navy at the scene. Police confiscated a homemade gun and several others were later found at his apartment.
The alleged attacker, Tetsuya Yamagami, told investigators he acted because of Abe's rumored connection to an organization that he resented, police said, but had no problem with the former leader's political view. The man had developed hatred toward a religious group that his mother was obsessed about and that bankrupted a family business, according to media reports, including some that identified the group as the Unification Church.
Abe's body, in a black hearse accompanied by his wife, Akie, returned to his home in Tokyo's upscale Shibuya, where many mourners, including Prime Minister Fumio Kishida and top party officials, paid tribute. His wake and funeral are expected in coming days.
Nara prefectural police chief Tomoaki Onizuka on Saturday said that Abe's assassination was the "greatest regret" in his 27-year career. He said problems with security were undeniable, that he took the shooting seriously and will review the guarding procedures.
Abe's assassination ahead of Sunday's parliamentary election shocked the nation and raised questions over whether adequate security was provided for the former prime minister.
Some observers who watched videos of the attack noted a lack of attention in the open space behind Abe as he spoke.
Experts also said Abe was more vulnerable standing on the ground level instead of atop a campaign vehicle, a standard for premier-class politicians, but that option was reportedly unavailable due to his hastily arranged visit to Nara.
Mitsuru Fukuda, a crisis management professor at Nihon University, said police were seen focusing frontward and paying little attention to what was behind Abe, noting that the suspect was approaching the former leader unnoticed until he fired the first shot.
"Clearly there were problems," Fukuda said.
The first shot narrowly missed Abe and hit an election vehicle. The second entered from his upper left arm damaged his neck artery, causing massive bleeding and death.
Fukuda said that election campaigns provide a chance for voters and politicians to interact because "political terrorism" was extremely rare in postwar Japan. It's a key democratic process, but Abe's assassination could prompt stricter security at crowded events like campaigns, sports games and others.
On Saturday, when party leaders went out for their final appeals under heightened security, there were no more fist-touches — a COVID-19 era alternative to handshakes — or other close-proximity friendly gestures they used to enjoy.
After Abe's assassination, Sunday's election had a new meaning, with all political leaders emphasizing the importance of free speech and their pledge not to back down to violence against democracy.
"We absolutely refuse to let violence shut out free speech," Kishida said in his final rally in northern city of Niigata on Saturday amid tightened security. "We must demonstrate that our democracy and election will not back down to violence."
Copyright 2022 NPR. To see more, visit https://www.npr.org. | https://www.kuaf.com/npr-news/2022-07-10/japan-votes-for-key-election-in-shadow-of-abe-assassination | 2022-07-10T11:34:17Z | https://www.kuaf.com/npr-news/2022-07-10/japan-votes-for-key-election-in-shadow-of-abe-assassination | false | 12 |
A student who moved to Northern Ireland during lockdown has graduated and secured his dream job.
Arfatul Islam will graduate this summer with a Masters in International Tourism and Hospitality Management from Ulster University.
Originally from Bangladesh, he arrived at the university in January 2021 while Belfast was still in lockdown. Now, he has secured his dream job in the industry working within the Gordon Ramsay Group.
Read more: NI woman told to 'aim lower' after becoming teen mum graduates with law degree
Arfatul said he always knew he wanted to pursue a career in hospitality with a strong desire to learn more about the industry from the ground up and wanted to do so in the UK. When researching university courses, he discovered the course in Belfast has the best ranking.
He said: “When making decisions about where to study, I did extensive research on all UK universities and their ranking subject-wise. I actually received offers from a number of other universities but decided to study at Ulster as it’s number one in the UK for hospitality.
"I also had friends already in Belfast who were telling me about the positive experiences they were having at the university and how they were enjoying its culture and teaching staff which helped with my decision.”
Arriving during lockdowns at the start of last year, Arfatul struggled with things being closed as well as adapting to the new climate. Fortunately, it wasn’t long until things began to reopen and he secured an important opportunity to become a chef at the AC Marriot Hotel in Belfast in June 2021, with mentoring from leading French chef Jean Christoff Novelli.
Soon after, things began to reopen across Northern Ireland and opportunities arose for Arfatul to meet lecturers and classmates in person.
“This was truly an amazing experience after all the lockdowns – meeting people face-to-face and coming together as one," he said.
"This is one of the highlights for me during my time at Ulster: the people. All of my teachers and lecturers were amazing support and dispelled any doubts I had about what I was doing and my abilities.”
Since successfully completing his studies, Arfatul has now moved to London to take on a Senior Chef de Partie role with the world-famous Gordon Ramsay Group – an opportunity for which he “wants to give full credit to Ulster University and its hospitality department.”
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For all the latest news, visit the Belfast Live homepage here. To sign up to our FREE newsletters, see here. | https://www.belfastlive.co.uk/whats-on/be/bangladeshi-student-who-moved-northern-24418295 | 2022-07-10T11:34:48Z | https://www.belfastlive.co.uk/whats-on/be/bangladeshi-student-who-moved-northern-24418295 | true | 1 |
TAMPA, Fla. (WFLA) — A Florida woman was arrested Thursday after police said she hid her mother’s body in a freezer to continue collecting the woman’s disability benefits.
On April 28, 2022, police in the city of Sebastian found the body of Marie Hoskins inside a chest freezer while conducting a welfare check at her home.
Police said the victim’s daughter, 64-year-old Michele Hoskins, told officers she found her mother’s body in her bedroom.
Further investigation found that Marie Hoskins, 93, had been dead for around two weeks from natural causes before her daughter bought the freezer to hide her mother’s death, police said.
According to the Sebastian Police Department, Michele Hoskins allegedly concealed her mother’s death “for the concern she would not be able to receive her disability benefits.”
Police also said that a heavily soiled mattress was found in the home’s backyard under thick brush and covered by palm tree branches.
Michele Hoskins was arrested on a charge for failing to report the death of her mother and tampering with evidence, according to the SPD. | https://www.dcnewsnow.com/news/crime/florida-woman-hid-93-year-old-moms-body-in-freezer-to-collect-disability-police-say/ | 2022-07-10T11:35:15Z | https://www.dcnewsnow.com/news/crime/florida-woman-hid-93-year-old-moms-body-in-freezer-to-collect-disability-police-say/ | false | 15 |
Ukraine: 15 dead in rocket attack on apartment building
KYIV, Ukraine (AP) — At least 15 people were killed when a Russian rocket hit an apartment building in the eastern Ukraine town of Chasiv Yar and more than 20 people may still be trapped in the rubble, officials said Sunday.
The Saturday night rocket assault is the latest in a recent burst of high-casualty attacks on civilian structures. At least 19 people died when a Russian missile hit a shopping mall in the city of Kremenchuk in late June and 21 people were killed when an apartment building and recreation area came under rocket fire in the southern Odesa region this month.
Russia has repeatedly claimed that it is hitting only targets of military value in the war. There was no comment on Chasiv Yar at a Russian Defense Ministry briefing on Sunday.
Pavlo Kyrylenko, governor of the Donetsk region that includes Chasiv Yar, said the town of of about 12,000 was hit by Uragan rockets, which are fired from truck-borne systems.
The Ukrainian emergency services later said the death toll had risen to 15 and that an estimated two dozen people were under the wreckage. Rescuers made voice contact with at least three people trapped in the rubble, it said.
Chasiv Yar is about 20 kilometers (12 miles) southeast of Kramatorsk, a city that is expected to be a major target of Russian forces as they grind westward.
The Donetsk region is one of two provinces along with Luhansk that make up the Donbas region, where separatist rebels have fought Ukrainian forces since 2014. Last week, Russia captured the city of Lysychansk, the last major stronghold of Ukrainian resistance in Luhansk.
Russian forces are raising “true hell” in the Donbas, despite assessments they were taking an operational pause, Luhansk governor Serhiy Haidai said Saturday.
After the seizure of Lysychansk, some analysts predicted Moscow’s troops likely would take some time to rearm and regroup.
But “so far there has been no operational pause announced by the enemy. He is still attacking and shelling our lands with the same intensity as before,” Haidai said. He later said the Russian bombardment of Luhansk was suspended because Ukrainian forces had destroyed ammunition depots and barracks used by the Russians.
Copyright 2022 The Associated Press. All rights reserved. | https://www.fox10tv.com/2022/07/10/ukraine-6-dead-rocket-attack-apartment-building/ | 2022-07-10T11:36:23Z | https://www.fox10tv.com/2022/07/10/ukraine-6-dead-rocket-attack-apartment-building/ | true | 44 |
KYIV, Ukraine — Russian rockets hit the eastern Ukraine town of Chasiv Yar, destroying a five-story apartment building and killing at least 10 people, officials said Sunday.
Pavlo Kyrylenko, governor of the Donetsk region, said about three dozen people could be trapped in the rubble. Rescuers have made contact with two people who are under the wreckage, he said on the Telegram messaging app.
The Ukrainian emergency services initially gave a death toll of six, but later said it has risen to 10. They did not say how many people may still be in the rubble.
Kyrylenko said the town of about 12,000 was hit by Uragan rockets, which are fired from truck-borne systems. Chasiv Yar is about 20 kilometers (12 miles) southeast of Kramatorsk, a city that is expected to be a major target of Russian forces as they grind westward.
The Donetsk region is one of two provinces along with Luhansk that make up the Donbas region, where separatist rebels have fought Ukrainian forces since 2014. Last week, Russia captured the city of Lysychansk, the last major stronghold of Ukrainian resistance in Luhansk.
Russian forces are raising "true hell" in Ukraine's eastern industrial heartland, despite assessments they were taking an operational pause, a regional governor said Saturday, while another Ukrainian official urged people in Russian-occupied southern areas to evacuate quickly "by all possible means" before a Ukrainian counteroffensive.
Deadly Russian shelling was reported in Ukraine's east and south.
The governor of the eastern Luhansk region, Serhyi Haidai, said Russia launched more than 20 artillery, mortar and rocket strikes on the region overnight and its forces were pressing toward the border with the Donetsk region.
"We are trying to contain the Russians' armed formations along the entire front line," Haidai wrote on Telegram.
Last week, Russia captured the last major stronghold of Ukrainian resistance in Luhansk, the city of Lysychansk. Analysts predicted Moscow's troops likely would take some time to rearm and regroup.
But "so far there has been no operational pause announced by the enemy. He is still attacking and shelling our lands with the same intensity as before," Haidai said. He later said the Russian bombardment of Luhansk was suspended because Ukrainian forces had destroyed ammunition depots and barracks used by the Russians.
Ukraine's deputy prime minister, Iryna Vereshchuk, appealed to residents of Russian-held territories in the south to evacuate quickly so the occupying forces could not use them as human shields during a Ukrainian counteroffensive.
"You need to search for a way to leave, because our armed forces are coming to de-occupy," she said. "There will be a massive fight."
Speaking at a news conference late Friday, Vereshchuk said a civilian evacuation effort was underway for parts of the Kherson and Zaporizhzhia regions. She declined to give details, citing safety.
It was not clear how civilians were expected to safely leave Russian-controlled areas while missile strikes and artillery shelling continue in surrounding areas, whether they would be allowed to depart or even hear the government's appeal.
The war's death toll continued to rise.
Five people were killed and eight more wounded in Russian shelling Friday of Siversk and Semyhirya in the Donetsk region, its governor, Pavlo Kyrylenko, wrote Saturday on Telegram.
In the city of Sloviansk, named as a likely next target of Russia's offensive, rescuers pulled a 40-year-old man from the rubble of a building destroyed Saturday by shelling. Kyrylenko said multiple people were under the debris.
Russian missiles also killed two people and wounded three others Saturday in the southern city of Kryvyi Rih, according to regional authorities.
"They deliberately targeted residential areas," Valentyn Reznichenko, governor of the eastern Dnipropetrovsk region, said on Telegram. Kryvyi Rih's mayor, Oleksandr Vilkul, asserted on Facebook that cluster munitions had been used and urged residents not to approach unfamiliar objects in the streets. More explosions were reported Saturday evening.
Kryvyi Rih is the hometown of Ukrainian President Volodymyr Zelenskyy, who visited Friday to meet with Vilkul and the brigadier general who commands troops in the region. Zelenskyy's office said he was briefed on the "construction of defensive structures," the support of the troops, the supply of food and medicine to the city and the help given people who had fled to Kryvyi Rih after being driven out of their homes elsewhere in Ukraine.
In northeast Ukraine, a Russian rocket strike on Saturday hit the center of Ukraine's second-largest city, Kharkiv, injuring six people, including a 12-year-old girl, authorities said.
"An Iskander ballistic missile was probably used," the Kharkiv regional prosecutor's office said. "One of the missiles hit a two-story building, which led to its destruction. Neighboring houses were damaged."
The city has been targeted throughout the war, including several times in the past week. As survivor Valentina Mirgorodksaya dabbed at a cut on her cheek, first responders warily inspected the building shattered in Saturday's strike.
Mykolaiv Mayor Oleksandr Senkevych reported on Telegram that six Russian missiles were fired at his city in southern Ukraine near the Black Sea, but caused no casualties.
"On this day alone, Russia hit Mykolaiv, Kharkiv, Krivyi Rih, villages in the Zaporizhzhia region," Zelenskyy said in his nightly video address. "It hit residential areas, absolutely consciously and on purpose. ... For days on end, the brutal strikes of Russian artillery ... don't stop. Such terrorist action can be stopped only with weapons — modern and powerful ones."
In other developments on Saturday:
— Zelenskyy dismissed several ambassadors, including Ukraine's ambassador to Germany, Andriy Melnyk, who has been an outspoken advocate of Kyiv's cause but also ruffled feathers in Berlin. He was persistently critical of Germany's perceived slowness to provide heavy weapons. He also faced criticism for an interview in which he defended Stepan Bandera, a controversial World War II-era Ukrainian nationalist. The Ukrainian Foreign Ministry issued a statement saying Melnyk was only speaking for himself. Zelenskyy said the dismissals of the ambassadors were part of a routine rotation. Melnyk had served in the post since 2015.
— Ukraine's national police force said it was opening a criminal investigation into the Russian military's alleged destruction of crops in the southern Kherson region. In a Telegram post, it accused Russian troops of not allowing residents to put out fires in fields and otherwise sabotaging the harvest.
— The British Defense Ministry said Russian forces in Ukraine were now being armed with "obsolete or inappropriate equipment," including MT-LB armored vehicles taken out of long-term storage that do not provide the same protection as modern tanks.
"While MT-LBS have previously been in service in support roles on both sides, Russia long considered them unsuitable for most frontline infantry transport roles," the British ministry said on Twitter.
— Ukraine's sports minister, Vadym Gutzeit, said 100 Ukrainian athletes and coaches have been killed either on the battlefield or from Russian shelling, while 22 were captured by Russian forces. In a Facebook post, Gutzeit said more than 3,000 athletes are now in uniform.
Copyright 2022 NPR. To see more, visit https://www.npr.org. | https://www.northernpublicradio.org/2022-07-10/ukraine-10-dead-in-rocket-attack-on-apartment-building | 2022-07-10T11:42:17Z | https://www.northernpublicradio.org/2022-07-10/ukraine-10-dead-in-rocket-attack-on-apartment-building | false | 18 |
By Annie Dabb • 10 July 2022 • 12:52
Image - Jeffrey Sachs: lev radin/shutterstock.com
American economist Jeffrey Sachs led the covid investigation by the medical review The Lancet, one of the most prestigious science publications in the world, for 2 years. During this time he studied the possible origin of the Covid strain SARS-CoV-2. Sachs has always had many doubts.
There have been various times where the science has led directly to the united states, specifically to the creation of the virus in a biotechnology lab, although the investigation does not include any specific laboratories by name.
This week, in the conference GATE, Sachs has spoken again about the topic. “I am quite convinced that it came out of a laboratory in the United States”.
The economist has also explained that the SARS-CoV-2 strain didn’t originate in nature and has stressed that they have been studying the pandemic for two years. Covid-19 “is an enormous error from biotechnology, not an error from a natural spillover,” in his opinion.
During the discussion, Sachs lamented the global blame that has been placed on China. “It’s not about us against them”, he said, referring to a confrontational silence between the United States and the Asian giant which is contrary to the needs of the planet. He said it was about getting the pandemic under control.
Sachs requested “cooperation” between both parties. “Covid was not us against them”, he declared.
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Download our media pack in either English or Spanish. | https://euroweeklynews.com/2022/07/10/covid-originated-in-us-laboratory-not-china-says-sachs/ | 2022-07-10T11:49:50Z | https://euroweeklynews.com/2022/07/10/covid-originated-in-us-laboratory-not-china-says-sachs/ | true | 2 |
Before she was a blockbusting Hollywood actor and before she was a “clean” wine entrepreneur, Cameron Diaz may have been an unwitting drug mule, she has revealed.
Diaz has told the story of when, as young woman starting out in the world, she moved to Paris to pursue a modelling career.
In the US, she had made money as a catalogue model, but in Paris “I didn’t work a day. I was there a full year and I didn’t work one day. I couldn’t book a job to save my life.
“I got like one job but really I think I was like a mule carrying drugs to Morocco – I swear to God.”
Diaz went on to become one of the highest paid women in Hollywood and the queen of romcoms from My Best Friend’s Wedding to Sex Tape.
Before that, in the early 1990s,, Diaz recalled the modelling assignment, which involved her being given a locked suitcase “that had my ‘costumes’ in it … quote, unquote”.
It was only when she was at the airport in Morocco and was asked to open it that she started thinking: “What the fuck is in that suitcase? I’m like this blonde-haired blue-eyed girl in Morocco, it’s the nineties, I’m wearing torn jeans and platform boots and my hair down. I’m like … this is really unsafe.”
She explained it was not her case and she had no idea who’s it was.
Fortunately for Diaz this was before any of the rigid security measures that are in place at airports today.
“That was my only job I ever got in Paris,” she told Hillary Kerr for her Second Life podcast series.
It was soon after the Morocco incident that Diaz, 21, was cast in The Mask, her film debut.
Producers wanted Anna Nicole Smith for the “blonde bombshell” role but Diaz’s agent persuaded her to try out too. “I thought ‘are you insane?’ I don’t act, first off … it’s not what I do.”
She made an impression on the film’s director, Chuck Russell, and after a few more callbacks, Diaz, then a complete unknown, landed the career-launching role as Tina Carlyle.
After a hugely successful movie career, including Shrek and Being John Malkovich, Diaz “retired” from Hollywood in 2014. Her last role was Miss Hannigan in a remake of Annie.
As well as launching a “clean” wine brand, Diaz, 50 next month, has been the author of two health books, The Body Book and The Longevity Book.
Last month, it emerged that Diaz was returning to movies starring alongside Jamie Foxx in a Netflix film titled Back in Action. | https://www.theguardian.com/film/2022/jul/10/cameron-diaz-reveals-she-may-have-been-unwitting-moroccan-drug-mule | 2022-07-10T11:52:53Z | https://www.theguardian.com/film/2022/jul/10/cameron-diaz-reveals-she-may-have-been-unwitting-moroccan-drug-mule | false | 1 |
Peace and justice should be priorities after Akron police shooting of Jayland Walker
It’s easy to second-guess Jayland Walker. It’s easy to second-guess the Akron Police Department.
Why didn’t Walker stop for police on Tallmadge Avenue early on June 27?
What traffic violation did Walker allegedly commit that led to an attempted police stop? Why was a police chase necessary? Why were so many shots fired at Walker? Why were any shots fired?
The answers are unknown at this time, and emotions are high.
Protests have been held outside of government buildings and a hospital in Akron, with dozens of participants arrested and SWAT teams and tear gas deployed. Protesters around the country have called out Walker’s name.
Walker's family is heartbroken that the 25-year-old they describe as a good man was slain by police. Their wish for peace as well as justice is one that protesters should honor.
Fortunately, both the city of Akron and state of Ohio are conducting investigations. Federal authorities are offering resources, and President Joe Biden added, in a Wednesday stop in Cleveland, that “If the evidence reveals potential violations of federal criminal statutes, the Justice Department will take the appropriate action …"
Akron residents and Walker’s family are understandably devastated. And not surprisingly, in this age of social media, Walker’s death made national headlines and drew people from out of state to local protests.
Columnist:: Jayland Walker left his gun in the car. Then Akron police shot him 60 times.
The police videos released so far are graphic and disturbing. Eight Akron police officers fired at Walker, and some initial reports indicate he was struck 60 times. Gunfire continued after he fell to the ground.
To laymen, this looks like overkill. To police, a deadly threat was posed and the police union says officers responded as they were trained.
The threats, according to Police Chief Steve Mylett, were that Walker fired a gun from his car during the police pursuit. Once he exited his vehicle off of Wilbeth Avenue, he failed to comply with police orders and appeared to turn toward police in “a firing position,” the chief said.
Critics don’t view the videos released so far as police do. They note that Walker’s gun was found in the car after his death. In the videos, they don’t see Walker making threatening moves before he was shot.
Police have not released details about why Akron police wanted to stop Walker, so critics focus on the possibility that the only problem was his car had a burned-out license plate bulb or taillight.
We commend Mayor Dan Horrigan for steps taken to prevent reactions from escalating in the city. It’s unfortunate that Fourth of July celebrations were canceled and tear gas was used. But the damage sustained by 19 businesses downtown on the holiday weekend is evidence that things could have been much worse.
Mylett, who took the reins in August, has been cautious, noting that more information will be released after the county medical examiner and state investigations are complete.
In Baltimore: A police officer killed her 14-year-old son. Now, this mom is fighting to save others.
It may take many months or a year for internal and external investigations to be complete, the Beacon Journal has reported.
A rush for answers or a leap to conclusions is unwise. Whether police officers face any disciplinary actions will depend on a full investigation, as will the outcome of any lawsuits against the city.
Weighing in on the matter, Gov. Mike DeWine called Walker’s death “a great, great, great tragedy."
He said he is confident the state Bureau of Criminal Investigation will provide “expert, impartial, third-party review.” He also called on the legislature to advance a bill that would, in part, require police officers to gain professional licensing from a board that would be established.
Discussion of such legislation slowed last year as the Fraternal Order of Police raised questions about local control and union contracts.
We encourage legislators and the governor to bring talks about police reform out into the open.
Clearly, police officers have difficult jobs to do, with their lives on the line each day.
We encourage the city to be open to reevaluating its policies and to keeping the public informed. Transparency, which Akron can vastly improve in these cases, will go a long way in settling whether good policies are in place and police are following them.
This article originally appeared on Akron Beacon Journal: Calm needed despite disturbing Jayland Walker homicide | https://news.yahoo.com/peace-justice-priorities-akron-police-100101751.html | 2022-07-10T11:53:50Z | https://news.yahoo.com/peace-justice-priorities-akron-police-100101751.html | false | 3 |
Klopp reveals when Liverpool ‘fell in love’ with Nunez & decided to splash out £64m on striker
Liverpool boss Jurgen Klopp has revealed when the Reds “fell in love” with Darwin Nunez and decided that the Uruguay international striker was worth splashing out £64 million ($77m) on.
A talented 23-year-old frontman has been drafted into the ranks at Anfield this summer as those on Merseyside look to build another fearsome attacking unit following the departure of Sadio Mane.
Big things are expected of Nunez, as he follows in the footsteps of fellow countryman Luis Suarez in England, with Klopp having seen enough of the South American in Champions League competition last season to suggest that he will be another shrewd addition.
Editors' Picks
- How Benfica made over €1.1 billion in player transfer sales: From Joao Felix to Darwin Nunez
- AC Milan's best academy graduates of all time: From Maldini to Donnarumma, Baresi to Aubameyang
- Pogback! Can Man Utd flop really rescue his club career at Juventus?
- Ronnie O'Brien: Juventus' strangest signing, 'Person of the Century' candidate and football's earliest internet meme
Why did Liverpool sign Darwin Nunez?
The Reds fended off rival interest from Premier League foes Manchester United in order to secure Nunez’s signature, with Klopp telling the club’s official website of why a big-money transfer for a player that netted in two outings against his side last season was sanctioned: “It was massively impressive when he played in front of us.
“When you prepare Benfica, you know up to the size of shoes – we know absolutely everything about an opponent, so we know exactly about the quality of Darwin.
“It was not clear if he would play because he came back from internationals, in the first game that was. It was clear that he was really good. But when you see it then live, it was really impressive.
“The power and the mix-up with technique, the desire, smart moves, the problems he caused us. We fell all in love in these two games. A very aggressive South American, it’s a good thing!
“It was really a joy to watch him and so when we realised we had a good chance to sign him, we were all-in and we’re really happy he’s here now.”
Will Nunez be a success at Liverpool?
A highly-rated forward netted 34 times across all competitions for Benfica last season, including those home and away efforts against Liverpool in Europe.
He has taken the No.27 shirt at Anfield and will be eager to make an immediate impression.
Former Reds star Suarez is convinced that an international colleague has what it takes to be a success in the Premier League, with his qualities perfectly suited to the demands of life in the English top-flight.
Nunez boasts pace to burn and an unerring eye for goal, with the challenge being to step up alongside the likes of Mohamed Salah and Luis Diaz as the Reds seek to ensure that Mane is not missed on the back of his move to Bayern Munich. | https://www.goal.com/en-ae/news/klopp-when-liverpool-fell-in-love-nunez-64m-striker/bltb1ab24f0e24cda59 | 2022-07-10T12:02:55Z | https://www.goal.com/en-ae/news/klopp-when-liverpool-fell-in-love-nunez-64m-striker/bltb1ab24f0e24cda59 | true | 10 |
LONDON — A British Cabinet minister tipped to be a frontrunner in the Conservative Party's leadership race ruled himself out of the contest Saturday.
Defense Minister Ben Wallace said after "careful consideration" and discussion with colleagues and family, he will not be running to replace Boris Johnson as Conservative leader and the country's next prime minister.
Wallace was seen by some as the favorite choice among Conservative party members in what's shaping up to be a wide open leadership race following Johnson's resignation announcement on Thursday.
Johnson quit as party leader after months of insisting he would stay in the job despite mounting ethics scandals. He said he would stay on as prime minister until the party chooses his successor.
Newly-appointed Treasury chief Nadhim Zahawi launched his campaign to become Tory leader Saturday, pledging to lower taxes and boost defense spending.
Zahawi's announcement came a day after former chancellor Rishi Sunak, the best-known of the leadership contenders and regarded as the bookmakers' favorite to win, launched his bid. Sunak resigned on Tuesday, kicking off a mass exodus of government officials that toppled Johnson.
Transport Secretary Grant Shapps, Attorney General Suella Braverman, lawmaker Tom Tugendhat and former equalities minister Kemi Badenoch have also thrown their hat into the ring, and more announcements are expected over the coming days.
Foreign Secretary Liz Truss and trade minister Penny Mordaunt are widely expected to run, as are former health secretaries Sajid Javid and Jeremy Hunt.
Wallace said his decision wasn't "an easy choice to make, but my focus is on my current job and keeping this great country safe."
Conservative party officials on Monday are expected to set out the timetable for a leadership contest, with the aim of having a winner by the end of the summer. The two-step process involves Tory lawmakers voting to reduce the field of candidates to two, who will then go to a ballot of all party members — about 180,000 people.
The winner of the vote will become both the leader of the Conservative party and Britain's next prime minister, without the need for a national election.
Johnson's resignation marked the end of three tumultuous years that saw the divisive leader fend off numerous scandals and a Conservative leadership challenge. For months, he managed to cling on to power despite allegations that he protected supporters from bullying and corruption allegations, and that he misled Parliament about government office parties that broke COVID-19 lockdown rules.
But his handling of allegations about a senior politician who had been accused of sexual misconduct proved the last straw for many Conservatives, who this week openly revolted and forced him out of office.
Johnson remains in office to head a caretaker administration, but many Conservatives don't want a lame-duck leader — especially amid a worsening cost-of-living crisis triggered by soaring food and energy prices.
Copyright 2022 NPR. To see more, visit https://www.npr.org. | https://www.wshu.org/npr-news/npr-news/2022-07-10/uk-defense-minister-rules-himself-out-of-leadership-race | 2022-07-10T12:07:11Z | https://www.wshu.org/npr-news/npr-news/2022-07-10/uk-defense-minister-rules-himself-out-of-leadership-race | false | 27 |
Marquette’s former hospital site to receive $8 million in state budget
MARQUETTE, Mich. (WLUC) - The NMU Foundation is one step closer to redeveloping the former Marquette hospital property. The state legislature has put $8M in its budget to finalize site preparation and demolition. The governor is expected to sign the spending plan soon. Marquette City Manager Karen Kovacs said...
www.uppermichiganssource.com | https://www.newsbreak.com/news/2658693277032/marquette-s-former-hospital-site-to-receive-8-million-in-state-budget | 2022-07-10T12:14:09Z | https://www.newsbreak.com/news/2658693277032/marquette-s-former-hospital-site-to-receive-8-million-in-state-budget | true | null |
This week’s editorial cartoon gallery is dominated by Monday’s mass shooting at a Highland Park, Illinois, Fourth of a July parade that left seven people dead and more than 30 people wounded. Scott Stantis of the Chicago Tribune leads the gallery with a stark image of a child’s overturned tricycle and a one-word title: “Enough!”
David Horsey, Dana Summers, Walt Handelsman, Phil Hands and Mike Luckovich evoked Americans’ feelings of vulnerability to random gun violence. “We watched fireworks celebrating our freedom at home so we wouldn’t get shot,” says the Everywoman in Luckovich’s cartoon pink house.
Others commented on the prevalence of gun culture. Steve Breen of the San Diego Union-Tribune draws a scene out of “Planet of the Apes,” with the Statue of Liberty covered in sand amid a wasteland of spent shells. Joel Pett of the Lexington (Kentucky) Herald-Leader inserts a line in “The Star-Spangled Banner” noting Americans’ “God-given right to stockpile military-grade weapons.”
Another dominant topic in the news was the economy. Inflation continues to be a drag on consumers and President Joe Biden’s political standing.
We’re also catching up with the testimony of former White House aide Cassidy Hutchinson before the House Select Committee on the Jan. 6 attack on the U.S. Capitol. Hutchinson testified June 28 about former President Donald Trump’s temper. She testified that on Jan. 6, the president lunged at the wheel of his vehicle after aides would not let him join protesters at the Capitol. Hutchinson also testified that Trump once threw his lunch at the wall, leaving a ketchup stain. Breen renders Trump’s official portrait in the condiment.
Other topics in the cartoons include airline delays; the drought drying up Lake Mead; and the resignation of British Prime Minister Boris Johnson over his latest lie.
Cartoons were drawn by Nick Anderson, Bill Bramhall, Dana Summers, Drew Sheneman, Scott Stantis, Walt Handelsman, David Horsey, Phil Hands, Joel Pett and Joey Weatherford of Tribune Content Agency; and Steve Breen, Mike Luckovich and Michael Ramirez of Creators Syndicate.
In case you missed it: Editorial cartoons for July 5, 2022: Supreme Court edition
View more editorial cartoon galleries. | https://www.oregonlive.com/opinion/2022/07/editorial-cartoons-for-july-10-2022-parade-shooting-biden-economy-trump-temper.html | 2022-07-10T12:15:14Z | https://www.oregonlive.com/opinion/2022/07/editorial-cartoons-for-july-10-2022-parade-shooting-biden-economy-trump-temper.html | false | 3 |
This article was originally released to Systematic Income subscribers on 24-Feb.
The CLO equity CEF senior security sector is easy to overlook, however, it has a number of attractive features for income investors. In this article we give an update on this niche area of the market and our views. We also highlight a number of securities which look attractive:
The CLO equity senior security sub-sector is a niche area of another niche sector - CEF preferreds. The preferreds and baby bonds of the four CLO equity funds are also overshadowed by their common shares which deliver incredible yields at an even more incredible volatility. However, for investors who want to acquire income securities with attractive absolute and risk-adjusted yields they may be very appealing.
The sub-sector has a number of unusual and attractive features. First, all the securities have mandatory maturities, even the preferreds. This makes them less sensitive to the negative convexity (little upside / a lot of downside) due to potential changes in interest rates. In other words, a spike in interest rates, in the absence of serious credit issues, will not cause large drawdowns in these securities as funds have to redeem them on their respective maturity dates.
Secondly, a number of securities in the sector are monthly payers, which is both attractive for many investors and understates their yield relative to the usual quarterly-paying preferreds due to the additional compounding.
Thirdly, the sector features unusual mandatory redemption features which requires the funds to redeem the preferreds if their asset coverage remains sub-par.
Fourthly, the sector has enjoyed repeated support from fund managers who repurchased shares of the preferreds and baby bonds at the height of the last year's crisis in order to support their asset coverage (which would allow them to continue making distributions on common shares). This not only improved the asset coverage of the senior securities but also supported their prices in the market.
The table below summarizes the sector metrics.
Source: Systematic Income
Investors looking to take advantage of these attractive features have to be aware of a couple of sector pitfalls. First, because these securities all have mandatory maturities, the usual stripped yield (e.g. current yield) calculation, which is only appropriate for potentially perpetual securities, is entirely useless. This requires investors to do some fiddly calculations to estimate the "real" yield of these securities i.e. their yield-to-maturity and yield-to-call.
Secondly, investors who do their homework and diligently look through the fund reports to find asset coverage metrics have to deal with two challenges. First, asset coverage is only provided sporadically which requires investors who want more frequent updates to back into the calculation by using monthly NAV updates. And secondly, the traditional asset coverage calculation, particularly for the preferreds, has to be used with care because it falls down on a couple of fronts.
This is because two of the four funds have debt in addition to the preferreds. To illustrate how the preferred asset coverage metric can be misleading for a fund with debt in the capital structure consider the following table.
Source: Systematic Income
Here we have two funds: A and B, both which hold $300m of assets and $100m of borrowings. Fund A borrowings are $50m each for debt and preferred while fund B borrowings are $100m entirely in the preferred. The preferred asset coverage is 3x for both funds.
Now consider what happens in a stress test where the fund's assets suffer a 75% collapse, i.e. the asset recovery rate is 25%, causing the fund to terminate. In this case, both funds now have $75m of assets. However, fund A preferred recovery is 50% (there is $25m left over after paying back the $50m of debt in full with $75m of assets, which is half of the $50m preferreds "principal"). Fund B, on the other hand, enjoys a 75% preferreds recovery because there is no debt to pay off ahead of the preferreds and the full $75m can go to service the $100m of outstanding preferreds.
The key point here is that while the preferreds asset coverage is the same, the actual outcome for the preferreds can be very different. Granted, this is quite an extreme example but the concept applies to less extreme events.
What does this mean for sector securities? Two of the four funds have debt in their capital structure ahead of the preferreds. ECCB has a huge amount of debt ahead of it - double its own liquidation preference which makes it very unappealing, particularly, given its yield does not appear to compensate investors for this feature of its capital structure. The PRIF preferreds have a small amount of debt ahead of them but the fund appears to be gearing up for a baby bond issuance so investors have to watch whether this will go through and in what size. OXLC and OCCI preferreds have no debt in the capital structure (OXLC used to have a repo which it was forced to unwind last year) and are, all else equal, more attractive. In order to deal with this important issue, we introduce a new metric we call the Preferreds Stress Test Recovery where we calculate the recovery on the preferreds assuming fund assets lose 90% of their value and the remainder is used to pay off the debt first. In the sections below we go through the individual fund senior securities.
We have done a couple of updates of OXLC preferreds last year. The key developments for preferreds holders were the unwinding of the company's repo and a buyback of around 3% of its preferreds shares. Both were good news for preferreds shareholders as the actions served to increase the asset coverage.
The last official asset coverage figure from the shareholder report was as of September which was 257%. The latest NAV update as of January implies asset coverage of 350% and a preferreds stress test recovery of 29%.
Within the suite we like OXLCP. First, it has the lowest coupon of the three preferreds which means it is unlikely to be called first. Secondly, even if OXLC did try to refinance all three preferreds the call date of OXLCP is the longest in 2023. Thirdly, it is the lowest price of the three preferreds and hence has the biggest upside.
More broadly, the OXLC preferreds are fairly attractive relative to ECC and PRIF preferreds because there is no more debt in the capital structure ahead of the preferreds which helps the preferreds stress test recovery metric to be fairly high at 29% - the second highest of the sector preferreds. Finally, the yield-to-worst of OXLCP is the second highest in the sector at 7.21%, only behind PRIF.PD which is the highest coupon PRIF preferred and hence most likely to be called away in 2022. PRIF preferreds also have lower preferreds stress test recovery metrics which are likely heading lower as PRIF appears to be gearing up to issue a baby bond which will worsen the credit profile of the preferreds.
A key development in 2020 was that ECC bought back $5.1m of their baby bonds which was around 5% of the outstanding principal. The official asset coverage figures from the December shareholder report were 534% and 354% for the baby bonds and preferreds respectively. As of the January NAV update, we estimate them to have risen to 575% and 381%, respectively.
ECCB - the only ECC preferred is trading at a 4.1% yield-to-call to its Oct-2021 call date. Because of the large debt footprint in the capital structure - at roughly 2x that of the preferreds, the preferred is not at all attractive here as the preferreds stress test recovery is zero. It is very clear that the market is ignoring the make-up of the capital structure and trading ECCB akin to other CLO equity preferreds, ignoring the fact that the bulk of any asset recovery will go mostly to pay back the debt, putting preferreds at big disadvantage.
The two baby bonds have huge asset coverage and have been our picks in the sector for some time. Both have now traded up and their clean prices are around par. ECCY is currently callable and ECCX has a call date in a couple of months. This means that the yields-to-call of the bonds could flip around from positive to negative. Buying either one at a below-par clean price remains attractive options though investors should not count on them being very long-term holds as they could get refinanced.
The OFS Credit Company (OCCI) is the smallest CLO equity fund. It also has the simplest capital structure being funded with just one preferreds series with no other borrowings.
The fund only activated it repurchase program in June of last year and does not appear to have repurchased any preferreds. Part of the reason for this likely has to do with a number of other mitigants the fund put in place which we described more fully here. In short, the fund moved to a quarterly distribution profile which gave it more freedom on how to deal with sub-par asset coverage (CEFs cannot make common distributions if their asset coverage is below certain regulatory levels). The fund also made distributions 90% in stock which supported asset coverage and conserved assets and cash.
Within the CLO equity senior security stack, OCCIP has tended to be one of our favorite picks due to the PIK distributions, no debt in the capital structure ahead of the preferreds, a relatively short maturity profile and monthly dividends (which are "worth" more than quarterly dividends due to additional compounding, all else equal).
The last official update from OCCI showed asset coverage of 292% as of October. Using the latest NAV update of $14.14 as of January we estimate current asset coverage of 335% and the preferreds stress test recovery is 34% - the highest among the preferreds in the sector and only second to the ECC baby bonds. The stock is currently trading at negative yield-to-call - the call date is coming up shortly and the clean price is about 1.5% above "par". It is not irrational to remain long the stock at a small negative yield-to-call, particularly, for holders with capital gains implications but it is a risk. For example, two OXLC preferreds have been callable for some time and are also trading above par. Investors looking to acquire a position should try to do so closer to par in clean price terms to avoid the risk of the call, however unlikely.
Priority Income has 6 preferreds outstanding - by far the largest number in the sector. The fund set up a repurchase program on 18-March and bought back about 3% of its then-outstanding shares well below par.
The fund is not very transparent which leaves the semi-annual shareholder reports or the quarterly portfolio filings as sources of information about its capital structure. Monthly NAV disclosures give us a sense of the valuation of the fund's portfolio and, hence, asset coverage, however, this assumes the liability part of the balance sheet remains unchanged.
The last official asset coverage figure the fund reported was for June-20 which was 269% for the preferreds. If we use the January-2021 NAV update, we can estimate the fund's total assets and back out the implied asset coverage level of 292% which makes sense as CLO equity assets have continued to rally over since last June. The current preferreds stress test recovery is 24% which is only above ECCB.
A recent disclosure by the fund reveals that it intends to issue baby bonds which will rank pari passu with its $15m 2035 Notes. This isn't great news for preferreds holders though much depends on the size of the issuance. The fund's debt is senior to the preferreds in the capital structure and so will be paid off before the preferreds.
The preferreds move around quite a bit in price relative to each other. At the moment, the PRIF.PF looks attractive at a 7.12% yield-to-worst with a 2023 call date. The yield is below that of a few other preferreds but the longer call date and the lower coupon means it is likely to remain outstanding for longer.
The CLO equity CEF senior security sub-sector is easy to miss but it has a number of attractive features. All the sector senior securities have maturities which limits their sensitivity to changes interest rates. The sector has been very resilient with nearly all the stocks reverting back to around par from admittedly steep sell-offs. And the yields on offer are fairly attractive. Investors who can avoid a few of the usual pitfalls can find a number of attractive additions to income portfolios.
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This article was written by
At Systematic Income our aim is to build robust Income Portfolios with mid-to-high single digit yields and provide investors with unique Interactive Tools to cut through the wealth of different investment options across BDCs, CEFs, ETFs, mutual funds, preferred stocks and more. Join us on our Marketplace service Systematic Income.
Disclosure: I am/we are long OXLCP, OCCIP, ECCY. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. | https://seekingalpha.com/article/4413416-clo-equity-senior-securities-update | 2022-07-10T12:23:12Z | https://seekingalpha.com/article/4413416-clo-equity-senior-securities-update | false | 1 |
Manchester double stabbing: Two men seriously hurt
- Published
Two men have been seriously injured in a double stabbing in Manchester.
The men, aged 46 and 48, were attacked in Parrs Wood Road, Didsbury, shortly before 15:30 BST on Saturday, Greater Manchester Police (GMP) said.
The pair were taken to hospital where they remain in a serious condition, the force added.
GMP said no arrests had been made in connection with the stabbings but appealed to anyone with information to contact the force.
Related Internet Links
The BBC is not responsible for the content of external sites. | https://www.bbc.com/news/uk-england-manchester-62113581 | 2022-07-10T12:23:55Z | https://www.bbc.com/news/uk-england-manchester-62113581 | true | null |
An NPR reporter takes an early mountain trip up one of New York's Adirondack mountains. (This piece originally aired July 6, 2022, on All Things Considered.)
Copyright 2022 NPR
An NPR reporter takes an early mountain trip up one of New York's Adirondack mountains. (This piece originally aired July 6, 2022, on All Things Considered.)
Copyright 2022 NPR | https://www.wuwf.org/2022-07-10/a-sunrise-trek-to-a-fire-tower-in-n-y-s-adirondack-mountains | 2022-07-10T12:25:04Z | https://www.wuwf.org/2022-07-10/a-sunrise-trek-to-a-fire-tower-in-n-y-s-adirondack-mountains | false | null |
Democratic leaders are hoping Rep. Henry Cuellar of Texas holds onto his seat in November's midterm elections, even though he opposes abortion rights, a position at odds with his party brethren.
Copyright 2022 NPR
Democratic leaders are hoping Rep. Henry Cuellar of Texas holds onto his seat in November's midterm elections, even though he opposes abortion rights, a position at odds with his party brethren.
Copyright 2022 NPR | https://www.kenw.org/2022-07-10/texas-rep-henry-cuellar-is-one-democrat-who-opposes-abortion-rights | 2022-07-10T12:26:57Z | https://www.kenw.org/2022-07-10/texas-rep-henry-cuellar-is-one-democrat-who-opposes-abortion-rights | false | null |
Thanks to comic book movies, the funny books are in vogue again. Granted, they aren’t selling the same number of units as the tickets for the latest Marvel movie, but the reports of the industry’s demise have been wildly exaggerated. So what is the bestselling comic book of all time?
Hint: It doesn’t feature Batman or Spider-Man
While the average person would expect the likes of Batman #1 or Amazing Fantasy #15 to be the highest-selling issues of all time, that isn’t the case. The books may fetch a pretty penny on the collectors’ market, but they weren’t immediate smash hits upon arrival.
It makes sense, though. Like with anything else, the Dark Knight and Spider-Man weren’t runaway hits when they debuted. They needed some time to build the momentum to becoming the pop culture juggernauts they have become now.
The bestselling comic book of all time is…
The honour of the bestselling comic book of all time goes to Marvel’s X-Men #1 by Chris Claremont and Jim Lee, which was released in 1991. According to Comichron, the book sold 8,186,500 copies. The X-Men wasn’t a new name to comic book fans, though, since this was effectively just a drop of the “Uncanny” from the title and a reboot of the numbers.
The Uncanny X-Men had already been pulling in fantastic numbers for Marvel Comics and seeing how well Spider-Man #1 had done in 1990, the publisher decided to try something similar here. However, there was a gimmick attached to it: variant covers that were effectively puzzle pieces. Five covers were released that formed a larger image, which incentivised the readers to collect all five editions (and helped Marvel Comics sell five times the number of issues for a single floppy). It worked, and kickstarted the X-mania of the ’90s. X-Force #1 by Fabian Nicieza and Rob Liefeld, which was also released in 1991, sits pretty in second place with around five million copies sold.
Collectively, Superman, Batman, and Spider-Man still rule the roost
Despite the Marvel’s mutants‘ single-issue success, they still can’t hold a torch to the collective sales of Superman, Batman, and Spider-Man over the years. According to stats released by Statista in 2015, Superman is still the Man of Sales, bringing in over 600 million issues sold worldwide. In second place, the Dark Knight proves that punching Gotham City’s criminals is pure money with 460 million issues. Then, in third, Spider-Man swings in an impressive 360 million issues sold around the globe.
Of course, these are comic book sales and not manga, because those numbers are simply unbeatable and squash the western superhero market like it’s a bug. Still, it’s interesting to see how the perfect storm of smart marketing and fanfare helped to make X-Men #1 the bestselling comic of all time. | https://www.fortressofsolitude.co.za/the-bestselling-comic-book-of-all-time-isnt-batman-or-spider-man/ | 2022-07-10T12:32:02Z | https://www.fortressofsolitude.co.za/the-bestselling-comic-book-of-all-time-isnt-batman-or-spider-man/ | false | 1 |
KYIV, Ukraine (AP) — At least 15 people were killed when a Russian rocket hit an apartment building in the eastern Ukraine town of Chasiv Yar and more than 20 people may still be trapped in the rubble, officials said Sunday.
The Saturday night rocket assault is the latest in a recent burst of high-casualty attacks on civilian structures. At least 19 people died when a Russian missile hit a shopping mall in the city of Kremenchuk in late June and 21 people were killed when an apartment building and recreation area came under rocket fire in the southern Odesa region this month.
Russia has repeatedly claimed that it is hitting only targets of military value in the war. There was no comment on Chasiv Yar at a Russian Defense Ministry briefing on Sunday.
Pavlo Kyrylenko, governor of the Donetsk region that includes Chasiv Yar, said the town of of about 12,000 was hit by Uragan rockets, which are fired from truck-borne systems.
The Ukrainian emergency services later said the death toll had risen to 15 and that an estimated two dozen people were under the wreckage. Rescuers made voice contact with at least three people trapped in the rubble, it said.
Chasiv Yar is about 20 kilometers (12 miles) southeast of Kramatorsk, a city that is expected to be a major target of Russian forces as they grind westward.
The Donetsk region is one of two provinces along with Luhansk that make up the Donbas region, where separatist rebels have fought Ukrainian forces since 2014. Last week, Russia captured the city of Lysychansk, the last major stronghold of Ukrainian resistance in Luhansk.
Russian forces are raising “true hell” in the Donbas, despite assessments they were taking an operational pause, Luhansk governor Serhiy Haidai said Saturday.
After the seizure of Lysychansk, some analysts predicted Moscow’s troops likely would take some time to rearm and regroup.
But “so far there has been no operational pause announced by the enemy. He is still attacking and shelling our lands with the same intensity as before,” Haidai said. He later said the Russian bombardment of Luhansk was suspended because Ukrainian forces had destroyed ammunition depots and barracks used by the Russians. | https://fox5sandiego.com/news/world-news/ap-international/ukraine-6-dead-in-rocket-attack-on-apartment-building/ | 2022-07-10T12:32:41Z | https://fox5sandiego.com/news/world-news/ap-international/ukraine-6-dead-in-rocket-attack-on-apartment-building/ | true | 44 |
Kyle Kallander has a unique perspective on the latest round of chaos in college athletics.
As the final commissioner of the late, great Southwest Conference, he knows nothing is sacred.
Certainly not these days, when everyone is chasing the almighty dollar more than ever.
History and tradition? Those terms carry no weight in what essentially has become a game of Risk, with the Big Ten and Southeastern Conference taking turns rolling the dice to determine how to divvy up the world of college football.
“Depressing is the first word that comes to mind,” said Kallander, who now leads the Big South Conference, a Football Championship Subdivision league based in North Carolina.
With Southern Cal and UCLA bolting for the Big Ten — and every indication that more jarring changes are coming — the Pac-12 could join the Southwest Conference in the dustbin of history.
For that matter, the Atlantic Coast Conference might soon become unrecognizable to its long-time fans, if it survives. The Big 12 is looking more and more irrelevant, scurrying around like a mouse looking for whatever crumbs will keep it alive.
Back in 1995 and ‘96, Kallander took over the thankless duties of overseeing a dead man walking as the Southwest Conference completed its final, lame-duck year.
He knew what he was signing up for, but it was still jarring to deal with the reality of a historic conference — which had been around since 1914, producing some of the greatest teams, rivalries and players in college football history — going out of business.
“That last year was great in a lot of ways. We had a great celebration of the history of the conference. We had a lot of success athletically that year,” Kallander recalled in a phone call Friday.
“But then,” he added, “we got to March and April. It was like overseeing a funeral, and holding an estate sale, and giving last rites. It got a little bizarre at the end.”
The Pac-12 apparently was caught totally off guard when USC and UCLA defected to the Big Ten, much like the Big 12 was a deer in headlights when its two most prominent programs, Texas and Oklahoma, stunningly announced plans in summer 2021 to abandon ship for the SEC.
The downfall of the Southwest Conference proceeded in much the same fashion, pushed along largely by the same issue — college football television revenues — that’s driving the current state of affairs.
While the Southwest shot itself in the foot with plenty of scandals in the 1980s (resulting most notably in the death penalty for SMU), and clearly was on shaky ground after Arkansas left for the SEC in 1991, Kallander arrived at the conference office in Dallas a year later to find plenty of hope for survival.
False hope, it turned out.
“All of us still felt there was no way the conference was going away,” he said. “There was too much history.”
Indeed, for those who might have forgotten, the Southwest Conference produced five Heisman Trophy winners and four Associated Press national football champions during its storied existence.
But none of that mattered when the Big Eight, which had been in talks with the Southwest about a joint media venture, decided instead to just pluck off the four most lucrative SWC members — Texas, Texas A&M, Texas Tech and Baylor — and carry on as the Big 12.
The four remaining Southwest members found new homes in less prominent conferences.
And that was that.
“We had the rug pulled out from under us by the announcement of the Big 12,” Kallander conceded. “It was shocking to everybody, including some league ADs who didn’t see it coming.”
That sounds like today’s Pac-12, which didn’t seem to sense at all its two Los Angeles behemoths were chatting up the Big Ten.
Now, the vultures are hovering overhead, eager to pick through the remains.
Oregon and Washington soon could follow USC and UCLA to the Big Ten, which has become a 16-school monstrosity stretching from coast to coast. The Big 12, which has more lives than a cat, reportedly is eyeing Oregon and Washington, as well, along with other Pac-12 scraps such as Arizona, Arizona State, Colorado and Utah. No one seems to want Oregon State or Washington State, and academic powerhouses Stanford and Cal might have to decide whether to downgrade their football programs rather than join de facto pro leagues, especially in the wild, wild world of name, image and likeness.
On the opposite coast, the ACC could soon find itself in a similar predicament to the Pac-12.
ACC powerhouse Clemson long has been reported to have its sights on the SEC, and Florida State could be another defector (but the Seminoles’ football program has recently fallen on hard times).
If the Big Ten wants to expand its national footprint more, North Carolina (perhaps in tandem with Duke), Virginia and Georgia Tech are potential targets.
The ACC’s best hope for survival would appear to be somehow persuading Notre Dame to join as a football-playing member, but that’s likely nothing more than a pipe dream. If the Fighting Irish give up their treasured gridiron independence, it almost certainly will be to the Big Ten.
The ACC might have enough schools — and potential new members — to carry on in some format, but the league would be a hollow shell of where it stands today.
No one knows how this all will shake out, but there are plenty of reasons to be discouraged at the potential outcome.
Kallander already had a front-row seat the last time a major conference threw in the towel. He saw how it destroyed so many glorious traditions.
Now, he’s watching it all again, which is especially painful since he’s also a graduate of Washington.
“I think of all the great history, the rivalries and traditions of USC,” Kallander said. “They were a huge rival of ours in football when I was back in Washington in the 1980s and early ‘90s. To see that fracture is real unfortunate.”
He’s not naive, of course. Kallander knows that dollar signs always have been the driving force behind college athletics.
A privileged group of schools are going to be richer when this dust finally settles.
But at what cost?
Paul Newberry is a national sports columnist for The Associated Press. | https://lmtribune.com/sports/commentary-colleges-are-pursuing-the-almighty-dollar-but-at-what-cost/article_6cb88f5b-97c6-50f7-b987-42a656e470e0.html | 2022-07-10T12:35:27Z | https://lmtribune.com/sports/commentary-colleges-are-pursuing-the-almighty-dollar-but-at-what-cost/article_6cb88f5b-97c6-50f7-b987-42a656e470e0.html | true | 21 |
You need to enable JavaScript to run this app. | https://sportspyder.com/nfl/minnesota-vikings/articles/40032478 | 2022-07-10T12:36:42Z | https://sportspyder.com/nfl/minnesota-vikings/articles/40032478 | true | null |
NORFOLK, Va. (WAVY) — A man is dead after a late-night shooting in Norfolk’s Ocean View community.
Police say the shooting happened around 11:40 p.m. on Saturday in the 2700 block of East Ocean View Avenue. That’s near the intersection of 7th Bay Street.
When officers arrived at the scene, they found a man who had been shot. He died on the scene.
10 On Your Side is working to learn the identity of the victim and the motive for the shooting.
Those with information are encouraged to submit a tip via P3 tips or call the Crime Line at 1-888-LOCK-U-UP. | https://www.wavy.com/news/local-news/norfolk/man-fatally-shot-overnight-in-ocean-view/ | 2022-07-10T12:40:02Z | https://www.wavy.com/news/local-news/norfolk/man-fatally-shot-overnight-in-ocean-view/ | true | null |
Shirley Peterson Rodde
Shirley Peterson Rodde, age 94, was received into the arms of Jesus on June 27, surrounded by her loving family. She will be greatly missed by many who knew and loved her.
Shirley and her husband, Fritz, were blessed with 66 loving and fulfilling years together. They lived an active life with lots of friends and family. They lived in Richfield for many years, where she worked for the school system and then NW National Life until she retired. She was blessed to have a strong faith, a close family, and good health for years of golfing, boating, waterskiing, snow-skiing, cabin life and enjoying friendships. She and Fritz attended most of their children and grandchildren’s sporting events and performances and were always their biggest fans.
Shirley was devoted to taking care of everyone in her life, faithfully nurturing countless lifelong friendships, making sure all her family members had everything they needed, and never failing to send birthday cards to all. She spent her last five-plus years at The Waters of Eden Prairie, where she developed many close relationships among the residents and staff. With her friendly and kind personality, she easily made new friends and was a popular and enthusiastic participant in all activities — a Wii bowling champ! She enjoyed playing the accordion and faithfully tuned in to “The Lawrence Welk Show” every Saturday night.
Shirley is survived by children, James Rodde, Julie (Steven) Aasgaard, Rachel (David) Lowe; grandchildren, Jeff and Scott Aasgaard, Kim Johnson and Ryan Pekarna; step-grandchildren, Jennifer Pieper and Katie Lowe; five great-grandchildren; sisters-in-law, Lillian Peterson and Rosella Strandemo; and several nieces and nephews. She was preceded in death by her loving husband, Fritz; parents, Fred and Sophie Peterson; brothers, Tommy, John, David and Herb Peterson; sister, Helen Nerison; brother-in-law, Norman Nerison; and sisters-in-law, Adeline and Barbara Peterson.
A memorial service will take place at 11 a.m. Tuesday, July 12, with visitation beginning at 9:30 a.m., at Woodlake Lutheran Church, 2120 W. 76th St., Richfield. Masks are required. Interment will be at Fort Snelling National Cemetery on Aug. 11.
Memorials preferred to Prison Fellowship or donor’s choice.
Arrangements were made by Morris Nilsen Chapel. | https://www.newsbreak.com/news/2658678821543/shirley-peterson-rodde | 2022-07-10T12:47:51Z | https://www.newsbreak.com/news/2658678821543/shirley-peterson-rodde | false | 1 |
Little-known car cooling tricks drivers should use instead of air con – saves fuel
DRIVERS have been urged to use little-known car cooling tricks instead of the air conditioning system if they want to save money on fuel this summer.
Fuel prices: Cost to fill average family car to hit £100
With the summer weather in full swing, motorists across the UK will be hoping to jump into their cars and enjoy days out in the sunshine. However, the soaring fuel prices might hinder those plans, especially when the temperatures rise and air-con needs to be used.
According to experts, using air con can increase fuel consumption by as much as 20 percent.
This can particularly affect motorists’ wallets when the average price of petrol stands at 190.81p per litre.
With that in mind, car rental experts at StressFreeCarRental.com have provided motorists with eight tricks that can be used to keep the car cool without using air con.
A spokesperson for StressFreeCarRental.com said: “Driving in the blazing sun can cause motorists to feel dizzy and ill from heat exhaustion, which in return is dangerous for all the road users.
READ MORE: Dad fined £100 for visiting McDonald’s twice in a day
“There are some cost-effective alternatives that help motorists tackle the heat and prevent accidents while they’re out and about on a hot day.”
The tricks are:
Stay hydrated
Make sure to bring a refreshing cold beverage on the journey to avoid dehydration and store it under the seat to maintain its cool temperature.
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Hang a wet rag over the vent
The air blown out will be much cooler, but make there are a few wet rags ready to replace it with as it will dry out quite quickly.
Also remember to take them out of the car and wash them afterwards to prevent mildew.
Freeze water bottles to use as ice packs
READ MORE: Petrol and diesel drivers face daily charges with new Clean Air Zones
Wrap a frozen bottle in a towel and rest it against the seat behind your neck. Once it defrosts, there will be ice cold water to drink and cool off too.
Park in the shade
There’s nothing worse than getting into a boiling hot car at the end of the day, so be mindful of where the car is left.
Get a mini-fan
A portable fan can make all the difference, even on the hottest summer days.
These fans are small but mighty when it comes to cooling down while stuck in a hot car.
Although cold packs don’t provide a long-term solution, they can be used as a quick relief from the heat.
Use a dashboard cover
Put on a dashboard cover on the car’s windshield to keep sunlight away from the car’s interior.
The heat won't be as overwhelming if there are no hot vinyl surfaces to touch.
Keep windows slightly cracked
It’s obviously not a good idea to open windows all the way but leaving just a small crack will promote ventilation and help to keep the car cool. | https://www.express.co.uk/life-style/cars/1638241/fuel-saving-tips-car-cooling-tricks-air-con-petrol-diesel-summer-heatwave | 2022-07-10T12:50:30Z | https://www.express.co.uk/life-style/cars/1638241/fuel-saving-tips-car-cooling-tricks-air-con-petrol-diesel-summer-heatwave | false | 2 |
Nathan Rooney's wedding day video of kickabout with his wife - the Liverpool defender Rhiannon Roberts - went viral... now the boss of Gibraltar side FCB Magpies is in the limelight as he seeks to take down Crusaders and set up a glamour tie with FC Basel
It's been a fairytale few months for Nathan Rooney. He has taken a one-time pub team from Gibraltar into Europe then got married to a Liverpool right-back. Come Thursday it could get even better.
Rooney is the former Blackburn Rovers and Crawley Town coach who is now managing FCB Magpies and, on Thursday night, they face Northern Ireland's Crusaders in the first leg of their Europa Conference League qualifier. The prize for the winners is a glamour tie with Swiss side FC Basel.
'This was the dream when I came here,' say the 32-year-old who only took over in January. 'Fingers crossed it goes well, as to be playing in a game like this gives us a great platform.'
Not that he's been short of the limelight lately, although that's mainly down to his new wife, Liverpool and Wales defender Rhiannon Roberts.
It was inevitable at the reception of their recent nuptials, that a girls v boys kickabout amongst guests ensued and Rhiannon, still resplendent in her white wedding dress, played a one-two with her Liverpool team-mate Jasmine Matthews before nutmegging the goalkeeper to score. Footage went viral with over 240,000 views on social media, causing a stir even in neighbouring Spain.
'I'm glad I put my father-in-law in goal,' laughs Rooney, 'but it was a fantastic day. We'd been planning the wedding for over three years but kept having to put it off because of Covid so you can see the elation of the day in that clip when everyone is celebrating.'
After a quick honeymoon in Rome though, Mr and Mrs Rooney are back to their respective football lives. For Rhiannon it's pre-season training and for Nathan the small matter of putting Magpies on the European football map.
The club was only formed in 2013 by a group of friends who drank at Bruno's Bar and Restaurant, hence 'FC Bruno's Magpies'. The challenge, was thrown down to him by club co-chairman Haig Oundjian, a former Olympic figure skater and ex Watford chairman, who on studying Rooney's CV saw similarities with former England manager Graham Taylor, the man who took Watford from the fourth division to the first in five years.
'Haig's a great character, full of passion with some great stories,' says Rooney. 'Not just about football but life. He worked with Elton John at Watford and when he says things like he did about Graham Taylor, it gives you great belief.'
Taylor was the same age as Rooney when he took over at Watford but Oundjian's analogy was formed after noting his new manager has never been afraid of working at football's coalface in order to reach the top.
Rooney had already coached at Blackburn Rovers, Fleetwood, Crawley Town, Carlisle United and Port Vale prior to his Gibraltar adventure.
He readily admits that by 18 he no longer had the passion to be a player at Blackburn but coaching was something he was 'always set to do'. By 22 he had his UEFA A Licence and was acknowledged for being ahead of his time; never fazed by challenging dressing rooms or dealing with players older than him. He drew on advice from mentors such as Blackburn coach David Lowe, ex Wimbledon boss Stuart Murdoch and Uwe Rosler who outlined the art of responsibility by telling him bluntly: 'You have to do your job or get out.' At Crawley, he was assistant to Gabriele Cioffi who last month was appointed coach of Hellas Verona in Serie A.
'I've always related better to the older guys in the dressing room,' says Rooney. 'I suppose testimony is that David and Stuart were at my wedding! The key is always to believe in the message you are delivering. Dressing rooms are an unforgiving environment so you need to be confident and clear with what you put across.
'I've never been afraid of getting my hands dirty to learn more. Whether you're on the perfect training pitches of Blackburn Rovers or the mud and muck of a local park, you make good of what you have.'
One disadvantage of Rooney's apartment in Gibraltar, depending how you view it, is that he has been unable to watch an English TV channel for the past seven months. The upside is that his copy of Sir Alex Ferguson's autobiography is well thumbed while he has also absorbed 'The First 100 Days: Lessons in Leadership from the Football Bosses', a go-to read in all coaching circles. It has all helped shape this young coach into a more rounded manager.
'When I was asked to take over at Magpies, the idea was to make the top six, then maybe Europe would be a bonus. We finished well in the league and lost out in the last ten minutes of the cup final. Ultimately, your attitude to work and being better is what makes you. The tougher the environment sometimes, the greater the satisfaction.'
That's certainly the mantra as Rooney prepares Magpies for their game against Crusaders.
The standard in Gibraltar is akin to League One and Two. His squad is a mixture of part-timers and professionals. There are customs officers, firemen, police officers and shipping agents such as Gibraltar international forward Kyle Casciaro, who is two years older than Rooney at 34.
'The attitude of the guys has been great. We've got some great characters,' he says. 'When I came in, it was a quiet culture and it was about changing the intensity, putting ideas across and getting a better structure. We try to make it as professional as possible putting on two or three training sessions in the day and some at night so the guys who have other jobs can train too. They've worked hard for this moment and for many, playing in the Europa Conference is a once in a lifetime experience.'
So what's the goal?
'Who knows? I may end up in Greece or Italy next year but the dream is to go back to England and coach in the top divisions. I've had offers but we want to make everyone at Magpies proud of us and then see where it leads. We want to take this as far as we can.' | https://www.newsbreak.com/news/2658681168154/nathan-rooney-s-wedding-day-video-of-kickabout-with-his-wife-the-liverpool-defender-rhiannon-roberts-went-viral-now-the-boss-of-gibraltar-side-fcb-magpies-is-in-the-limelight-as-he-seeks-to-take-down-crusaders-and-set-up-a-glamour-tie-with-fc-basel | 2022-07-10T12:52:21Z | https://www.newsbreak.com/news/2658681168154/nathan-rooney-s-wedding-day-video-of-kickabout-with-his-wife-the-liverpool-defender-rhiannon-roberts-went-viral-now-the-boss-of-gibraltar-side-fcb-magpies-is-in-the-limelight-as-he-seeks-to-take-down-crusaders-and-set-up-a-glamour-tie-with-fc-basel | true | 3 |
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You’d be hard-pressed to find a better player in Major League Baseball right now than Yankees‘ Aaron Judge, who’s having an MVP caliber season. At 30 years old, Judge is batting .287 with a 36.6% on base rate, 30 homers and 64 RBIs. He currently leads the league in long balls, generating a 59.5% hard-hit rate and 25.2% barrel rate. His HR/FB ratio sits at an impressive 32.6%. That means that 32.6% of his fly balls are turning into homers, which is an astronomical value. | https://www.newsbreak.com/news/2658695348238/bs-report-july-6th-the-braves-are-getting-real | 2022-07-10T13:02:32Z | https://www.newsbreak.com/news/2658695348238/bs-report-july-6th-the-braves-are-getting-real | false | null |
Write what you know, the adage goes — or, in Julie Puckrin’s case, what your family members know.
It helps when those family members have done the challenging work of saving lives aboard air ambulances in Canada’s North, the setting for her new drama “SkyMed,” debuting Sunday on CBC.
“It’s pilots that are, like, right out of flight school, so they’re in their early 20s. And it’s often nurses that are in their early 20s as well,” said Puckrin, whose other writing and producing credits include the medical shows “Transplant” and “Nurses,” and the sci-fi dramedy “Killjoys.”
“And so you have this really young group of people at the beginning of their career, and they’re in the middle of the North and there’s no safety net. And they’re often experiencing things for the first time on the job, these very, very intense situations where it’s literally just you and the patient in the back of a plane.”
And if that’s not enough drama for you, “they’re living together, they’re partying together, they’re drinking together. And Sarah and Jamie were certainly not the first or only romance that came out of that story,” said Puckin, referring to her nurse sister and pilot brother-in-law.
Or, as pilot character Wheezer (Aaron Ashmore) describes it in the first episode: “dust-ups, hookups, breakups, drunk-ups, throw-ups.”
Combine those elements and you’ve got a show with “Grey’s Anatomy”-worthy interpersonal entanglements but with way better natural scenery and medical emergencies you wouldn’t find in your typical big-city medical series. Try sealing a sucking chest wound with duct tape on “The Good Doctor” or “The Resident.”
“Most of southern Canada doesn’t know what life in the North really looks like,” Puckrin said in a Zoom interview. “If something goes wrong … there are parts of the country where it’s literally you have to be flown out.”
The fictional “SkyMed” team is based in Thompson, Manitoba, 761 kilometres north of Winnipeg, and their patients include Indigenous residents in fly-in communities, which adds another layer to the drama.
In one episode, for instance, a young Indigenous woman refuses to be flown to a hospital to have her baby, preferring to give birth on the land; in another, an Indigenous woman’s searing stomach pains are dismissed by a white nurse as a ploy to get drugs.
To tell those kinds of stories in a respectful and accurate way, Puckrin had Indigenous writers on her team as well as an Indigenous consultant who liaised with a council of elders.
“And then there were bigger conversations about, ‘Is it OK for us to tell this kind of story? And can we tell this kind of story successfully and meaningfully in what is essentially a kissing show with airplanes?’” Puckin said.
Speaking of kissing, the series includes a same-sex romance that Puckrin describes as “this sort of ‘Pride and Prejudice’ story,” so the writing team also included a couple of queer writers.
“Our show has a very diverse cast. And it was really important to me that, in the writing room, there was someone that could speak to every experience. So anyone you saw onscreen, there was someone in the writing room that knew what that experience was like.”
As for that cast, it’s a mix of people that Puckrin and executive producer Vanessa Piazza had worked with before — like Natasha Calis of “Nurses” and Aaron Ashmore of “Killjoys” — and newish discoveries.
“Someone like Ace (full name Aason Nadjiwan), who plays (pilot) Bodie, when we cast him I think he was working as a roofer in Squamish, and we got him on a plane and within, like 24 hours, we had him sitting in aviation boot camp,” Puckrin said.
Other main cast members include Métis-Filipina actor Morgan Holmstrom (“Shadow of the Rougarou”); Indian-Canadian actor Praneet Akilla (“Nancy Drew”); Jamaican-Canadian actor Kheon Clarke (“Riverdale”); Thomas Helms (“The Order”), Mercedes Morris (“Slasher”) and Rebecca Kwan (“Taken”).
“They were all so eager and so excited and had such good attitudes and, some of them that were a little bit newer. It was amazing to watch them grow over the season,” said Puckrin.
The good attitude part came in handy since the show was shot from late August 2021 until mid-January 2022 in Winnipeg and northern Manitoba, “so we went from really, really hot wildfire season to, like, minus 35 (with) crazy, crazy snow,” Puckrin said.
Going into the shoot, the biggest concern was filming with airplanes “and then that actually turned out to be one of the easier things to work with … the weather and the extremes and being on location was some of the harder stuff just because, you know, if we write a scene that takes place in a swamp, we have to take the whole crew to the swamp and go film there.
“And so that was challenging at times, but everybody was really up for it. And the cast, they got to learn how to drive ATVs and snowmobiles, and they were jumping in and out of planes, and they just really embraced it.”
Aside from the physical challenges, the cast arguably had a heavier burden as performers than in a typical medical drama.
“On shows like ‘Nurses’ and ‘Transplant,’ you get to follow the patient through their whole case,” Puckrin explained. “And with first responders, they pick them up and drop them off. Crystal (Holmstrom’s character) says in the first episode, ‘It’s only our job to get them here alive. And after that, it’s somebody else’s problem.’
“ I want (viewers) to connect with our patients, but it has to always be through the lens of our core cast.”
Puckrin, like any showrunner launching a program, hopes viewers will indeed connect with “SkyMed.”
Ever since she first heard her sister’s and brother-in-law’s stories, “it’s always been in my head that it would be a great show. And I always was surprised that no one had done it yet.” | https://www.thestar.com/entertainment/television/2022/07/10/in-cbcs-skymed-young-pilots-and-nurses-save-lives-and-pursue-love-in-canadas-north.html | 2022-07-10T13:04:26Z | https://www.thestar.com/entertainment/television/2022/07/10/in-cbcs-skymed-young-pilots-and-nurses-save-lives-and-pursue-love-in-canadas-north.html | true | 1 |
NEW DELHI (AP) — As Sri Lanka's crisis reached its climax this weekend, two men in the center of the turmoil brought about by the country's economic collapse promised they would heed the call of tens of thousands of angry protesters and resign.
One is President Gotabaya Rajapaksa, the last of six members of the country's most influential family who was still clinging to power.
The other is Rajapaksa's chosen prime minister, Ranil Wickremesinghe, a seasoned opposition politician who was brought in to steer the country out of the abyss.
On Saturday, massive crowds descended on the capital, Colombo, broke into Rajapaksa's official residence and occupied his seaside office. Hours later, as leaders of political parties in Parliament called for both leaders to step down, protesters also stormed Wickremesinghe's residence and set it on fire.
The culmination of monthslong protests on Saturday led to both of them agreeing to step down. Rajapaksa, whose whereabouts are unknown, said he would leave office on Wednesday, according to the parliamentary speaker. Wickremesinghe said he would depart as soon as opposition parties agree on a unity government.
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Here is a closer look at their rise and fall:
GOTABAYA RAJAPAKSA
For decades, the powerful land-owning Rajapaksa family had dominated local politics in their rural southern district before Mahinda Rajapaksa was elected president in 2005. Appealing to the nationalist sentiment of the island’s Buddhist-Sinhalese majority, he led Sri Lanka into a triumphant victory over ethnic Tamil rebels in 2009, ending a 26-year brutal civil war that had divided the country. His younger brother, Gotabaya, was a powerful official and military strategist in the Ministry of Defense.
Mahinda remained in office until 2015, when he lost to the opposition led by his former aide. But the family made a comeback in 2019, when Gotabaya won the presidential election on a promise to restore security in the wake of the Easter Sunday terrorist suicide bombings that killed 290 people.
He vowed to bring back the muscular nationalism that had made his family popular with the Buddhist majority, and to lead the country out of an economic slump with a message of stability and development.
Instead, he made a series of fatal mistakes that ushered in an unprecedented crisis.
As tourism plunged in the wake of the bombings and foreign loans on controversial development projects — including a port and an airport in the president's home region — needed to be repaid, Rajapaksa disobeyed economic advisers and pushed through with the largest tax cuts in the country’s history. It was meant to spur spending, but critics warned it would slash the government’s finances. Pandemic lockdowns and an ill-advised ban on chemical fertilizers further hurt the fragile economy.
The country soon ran out of money and couldn't repay its huge debts. Shortages of food, cooking gas, fuel and medicine stoked public anger at what many saw as mismanagement, corruption and nepotism.
The family’s unravelling began in April, when growing protests forced three Rajapaksa relatives, including the finance minister, to quit their Cabinet posts and another to leave his ministerial job. In May, government supporters attacked protesters in a wave of violence that left nine dead. The anger of the protesters turned to Mahinda Rajapaksa, who was pressured to resign as prime minister and took refuge on a heavily fortified naval base.
But Gotabaya refused to go, triggering chants in the streets of “Gota Go Home!" Instead, he saw his savior in Ranil Wickremesinghe.
RANIL WICKREMESINGHE
A six-time prime minister, Wickremesinghe's latest stint was arguably the most challenging. Appointed in May by Rajapaksa, he was brought in to help restore international credibility as his government negotiated a bailout package with the International Monetary Fund.
Wickremesinghe, who also was the finance minister, became the public face of the crisis, delivering weekly addresses in Parliament as he kicked off difficult negotiations with financial institutions, lenders and allies to fill the coffers and give some relief to impatient citizens.
He raised taxes and pledged to overhaul a government that had increasingly concentrated power under the presidency, a model many say tipped the country into crisis.
In his new job, he left little doubt about the grave future ahead. “The next couple of months will be the most difficult ones of our lives,” he told Sri Lankans in early June, a few weeks before he said in Parliament that the country had hit rock bottom. “Our economy has completely collapsed,” he said.
Ultimately, observers say, he lacked both political heft and public support to get the job done. He was a one-man party in Parliament - the only lawmaker from his party to hold a seat after it suffered a humiliating defeat in a 2020 election.
His reputation had already been sullied by his previous stint as prime minister, when he was in a difficult power-sharing arrangement with then-President Maithripala Sirisena. A communication breakdown between them was blamed for intelligence lapses that led to the 2019 terror attack.
With no respite for people waiting in line for fuel, food and medicine, Wickremesinghe became increasingly unpopular. Many of the protesters say his appointment simply put off pressure on Rajapaksa to resign. But analysts are doubtful whether a new leader can do much more, instead fearing that the political uncertainty will only intensify the crisis. | https://siouxcityjournal.com/news/national/govt-and-politics/president-and-pm-2-men-at-heart-of-sri-lankan-crisis/article_fe82f8e4-89c7-5a44-a67f-c77a82652c75.html | 2022-07-10T13:11:18Z | https://siouxcityjournal.com/news/national/govt-and-politics/president-and-pm-2-men-at-heart-of-sri-lankan-crisis/article_fe82f8e4-89c7-5a44-a67f-c77a82652c75.html | true | 26 |
Neal Schon, Steve Perry Reunited? Guitarist Reveals Where He Stands With Old Pal Today
Since leaving his former band Journey in 1996 because of a hip injury that hindered him from touring, Steve Perry managed to sustain a solo career. More recently, old pal Neal Schon hinted at the group's relationship with the singer amid their personal issues. In an interview with Vulture,...
www.musictimes.com | https://www.newsbreak.com/news/2659332277941/neal-schon-steve-perry-reunited-guitarist-reveals-where-he-stands-with-old-pal-today | 2022-07-10T13:13:18Z | https://www.newsbreak.com/news/2659332277941/neal-schon-steve-perry-reunited-guitarist-reveals-where-he-stands-with-old-pal-today | true | null |
ABUJA, Nigeria (AP) — Four years ago gunmen attacked Halima Musa’s village in northwestern Nigeria, killing her husband and the oldest of their seven children.
The family fled to the safety of a camp for displaced people, but now they are hungry, she said.
“It’s been more than one year since the government brought us food items.” she said from Sokoto camp.
It’s 2 p.m. and she’s preparing the family’s first — and only — meal for the day. She’s not sure where she’ll find food the next day. “I and my children are usually begging,” she said.
Northwest Nigeria’s escalating violence has claimed thousands of lives and displaced hundreds of thousands more. Many, like Musa, are sheltering in camps that often have inadequate food.
The violence has exacerbated the chronic poverty in this part of the West African nation which has a 40% poverty rate, according to the latest government statistics, including some of the poorest citizens in the troubled north.
Many families have had to abandon their farmlands as they are forced to choose their lives over livelihoods.
The attacks have “pushed many communities to their limits, including about 500,000 people forced to flee from home,” according to Michel-Olivier Lacharite of Doctors Without Borders, the France-based medical charity.
The group is preparing to provide food to up to 100,000 malnourished children this year in Nigeria’s Katsina state alone, said Lacharite, head of the group’s emergency operations.
Despite alerting the government to the problem, he said, “We have not seen the mobilization needed to avert a devastating nutrition crisis.”
The violence in northwest Nigeria is blamed on armed groups that authorities say are mostly young semi-nomadic herdsmen from the Fulani tribe who are in conflict with settled farming communities over limited access to water and land. Some of the rebellious herdsmen are now working with Islamist extremist rebels in the country’s northeast in targeting remote communities.
As Nigeria’s jihadi insurgency in the northeast has abated somewhat, the violence in the northwest has worsened, according to authorities.
“The government gives them (displaced people) more attention in the northwest even now than the northeast,” said Murdakai Titus with Nigeria’s National Commission for Refugees, Migrants and Internally Displaced Persons.
“Northwest is given high priority … for intervention activities from the commission – relief materials, livelihood activities, training them to be self-reliant,” he said.
The U.N. World Food Program Nigeria office is working to prevent acute malnutrition in children by providing nutritional assistance to children aged from 6 months to 23 months. Aid is also provided to pregnant and breastfeeding women in vulnerable households, said Chi Lael, a spokeswoman for the U.N. World Food Program in Nigeria.
Malnutrition remains a source of concern though, Lael said, pointing out that in certain areas, “children under five were twice as likely to be malnourished compared to those from the general population.”
Manzo Ezekiel, a spokesperson for Nigeria’s National Emergency Management Agency, said the agency knows nutrition must be improved to the internally displaced population.
Hannatu Ahmadu and her four children were on the run for a month after gunmen attacked her Takwo village in the Munya area of Niger state. They managed to find safety but they don’t have enough food.
“As I speak with you, we have not been able to harvest our crops and we are currently here starving,” she told AP from the Munya displacement camp in Niger state which neighbors Abuja, Nigeria’s capital.
Ahmadu said erratic deliveries of food aid makes it difficult to feed her children. “We only eat once a day,” she said. | https://www.klfy.com/international/nigerias-troubled-northwest-battles-child-malnutrition/ | 2022-07-10T13:18:25Z | https://www.klfy.com/international/nigerias-troubled-northwest-battles-child-malnutrition/ | true | 20 |
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Teen Mom: Young + Pregnant
TUESDAYS 9/8C
TUESDAYS 9/8C
Young moms Kayla, Brianna, Kiaya, Rachel and Madisen navigate the challenges of being young moms, and learn to lean on each other when it feels like there's nowhere else to turn.
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- Latest Episode41:44Sign in to Watch
S3 • E14
Family Matters
Kayla seeks to mend things with Luke's family even as their future remains uncertain, Teazha questions who her true family is, and Rachel and her mom disagree about family therapy.07/05/2022 - 41:07Sign in to Watch
S3 • E13
California Love
Kayla lets the other moms in on a personal struggle, Dr. Drew questions Brianna about her relationship with her mother, and Madisen and Christian give their romance another try.06/28/2022 - 41:13Sign in to Watch
S3 • E12
Two Steps Forward, One Step Back
Rachel's long-term plans with Noah hits a snag, Brianna feels unsupported in her decision to move out, Kayla J meets with Makel and his girlfriend, and Kayla makes a heartbreaking decision.11/23/2021 - 41:45Sign in to Watch
S3 • E11
Emergency Contact
Kayla clashes with Luke's family, Makel confronts his unsupportive mom, Rachel awaits Drew's release from prison, and Kiaya and Brianna reach breaking points in their relationships.11/16/2021 - 41:36Sign in to Watch
S3 • E10
Come Correct
Kayla J rules out changing Mecca's routine to accommodate Makel, Kayla and Luke revisit old emotional wounds in therapy, and Rachel wants Drew to prove he's worthy of being Hazelee's dad.11/09/2021 - 41:34Sign in to Watch
S3 • E9
New Dude, New Mood
Kiaya and Teazha try to mend things after a fight, Kayla considers going into therapy with Luke, Rachel learns she may have to move in with her mom, and Brianna re-enters the dating scene.11/01/2021 - 41:29Sign in to Watch
S3 • E8
Back to Reality
Brianna's new relationship puts a strain on her friendship with Ashley, Rachel feels the pinch of her newfound independence, and Kiaya tries to make sense of her relationship with Teazha.10/26/2021 - 41:05Sign in to Watch
S3 • E7
Do Better
Rachel makes plans to leave home, Kayla meets up with her ex, Brianna dips her toe back in the dating pool, Kayla J opens up about her childhood in therapy, and Kiaya reaches out to Carla.10/19/2021 - 41:32Sign in to Watch
S3 • E6
Turning Point
Kayla gets a surprising message from her ex-boyfriend, Kayla J and Makel attempt to keep the peace as they prepare Mecca for her first day of school, and Rachel begrudgingly returns home.10/12/2021 - 41:38Sign in to Watch
S3 • E5
All About Adjustments
Kiaya plans a surprise birthday for Teazha, Brianna takes the lead on Braeson's potty training, and Rachel rents an Airbnb to get some space from her mom.10/05/2021
Cast
Brianna Jaramillo
Cast Member
Brianna Jaramillo
Brianna is finally on her own in a new apartment but is still heavily relying on her mother Jess for help raising her son Braeson, who was born with one arm. She is still recovering from a bad breakup with her ex, Briggs, after Brianna found out he was cheating on her with multiple other women. For now, she is focusing on herself, trying to make ends meet as a single mother, and putting Braeson first, as she works with him on his development.
Kayla Sessler
Cast Member
Kayla Sessler
With Kayla’s ex Stephan long out of the picture, Luke has stepped up to be a father to Izaiah and their daughter Ariah. But after a dramatic fallout with Luke’s family, Kayla isn’t on speaking terms with them, and Luke is torn between his family and his girlfriend. On top of that, the couples’ past infidelities are still a recurring issue, and their relationship is on the brink of falling apart. Kayla is starting to feel like they both need some space, but things get tricky when Luke decides to propose. Will Kayla say yes? Or will she come to the tough realization that they are better off not together?
Kiaya Elliott
Cast Member
Kiaya Elliott
After 4 years in prison, Amour’s father X’Zayveon is coming home soon. Although Kiaya doesn’t want Amour growing up without his father, she has no idea what to expect from X’Zayveon when he comes home, and she worries that everyone may not be on the same page regarding co-parenting Amour. Kiaya and Theaza have been doing well raising Amour while continuing not to put labels on their relationship, but will the pressure of Zay coming home cause them to implode?
Madisen Beith
Cast Member
Madisen Beith
After her dad got married and moved to Ohio, Madisen followed him and brought her daughter Camille for a fresh start. She and Camille’s father Christian decide to try and make their relationship work one last time, so he joins her there. When they're forced to get a place of their own and pay bills, tension mounts. After a trip back to Arkansas, Christian and Madisen go their separate ways for good. Madisen moves in with her best friends’ family and starts dating a new guy. Can Madisen and Christian continue to co-parent and put Camille first even if they’re not together?
Rachel Beaver
Cast Member
Rachel Beaver
Rachael thinks her family is toxic and struggles to set boundaries with them, so she moves in with her boyfriend Noah and his mom. Rachel and Noah are raising her daughter Hazelee together. But their relationship may not be ready for such a big step, and, although Hazelee has taken to calling Noah “Dad,” her biological father Drew is getting out of prison soon. Rachel is also struggling with her tumultuous relationship with her mom Stephanie and her sister Mallorie, who also has a young child.
Kayla Jones
Cast Member
Kayla Jones
Kayla J is struggling to deal with her on-again, off-again relationship with her best friend and child's father Makel. While she understands why he needs to "do him" right now and date other people, she becomes enraged when Makel keeps bringing new girlfriends around their daughter Mecca. Kayla attempts to lay down the law, causing a bitter he said, she said battle. Can they come to the table for Mecca's sake, or is Kayla's pain over Makel's lack of communication and ending their relationship too much for her to handle? | https://www.mtv.com/shows/teen-mom-young-and-pregnant/pn4bg1/season-3 | 2022-07-10T13:18:55Z | https://www.mtv.com/shows/teen-mom-young-and-pregnant/pn4bg1/season-3 | false | 1 |
Updated July 10, 2022 at 9:11 AM ET
COLOMBO, Sri Lanka — Sri Lanka's opposition political parties will meet Sunday to agree on a new government a day after the country's president and prime minister offered to resign in the country's most chaotic day in months of political turmoil, with protesters storming both officials' homes and setting fire to one of the buildings in a rage over the nation's economic crisis.
It was not clear if President Gotabaya Rajapaksa was there at the time, and government spokesperson Mohan Samaranayake said he had no information about the president's movements.
Protesters remain in the compound where they stormed the president's official residence, his office and the prime minister's official residence, saying they will stay until the leaders officially resign. Soldiers were deployed around the city with Chief of Defense Staff Shavendra Silva calling for public support to maintain law and order.
Opposition lawmaker M. A. Sumanthiran said all opposition parties combined could easily muster the 113 members needed to show a majority in Parliament, at which point they will request Rajapaksa to install the new government and then resign.
He said the parties hoped to reach consensus Sunday.
Prime Minister Ranil Wickremesinghe said he will leave office once a new government is in place, and hours later the speaker of Parliament said Rajapaksa would step down Wednesday. Pressure on both men had grown as the economic meltdown set off acute shortages of essential items, leaving people struggling to obtain food, fuel and other necessities.
If both president and prime minister resign, Speaker Mahinda Yapa Abeywardena will take over as temporary president, according to the constitution.
Rajapaksa appointed Wickremesinghe as prime minister in May in an effort to solve the shortages and start economic recovery.
Wickremesinghe had been part of crucial talks with the International Monetary Fund for a bailout program and with the World Food Program to face a predicted food crisis. The government must submit a plan on debt sustainability to the IMF in August before reaching an agreement.
Analysts say it is doubtful any new leader could do more than what Wickremesinghe had been doing. His government's efforts showed promise, with much-needed fertilizer for next season's cultivation and a first consignment of cooking gas orders arriving in the country Sunday.
"This kind of unrest could create confusion among international organizations like the IMF and the World Bank," political analyst Ranga Kalansooriya said, adding that a new administration should agree to a common program for economic recovery.
He said while Wickremesinghe was working in the right direction, his administration's weakness was not implementing a long-term plan to go with its focus on solving day-to-day problems.
It is unlikely that an all-party government will agree on IMF-backed economic reforms without some member parties losing their political and ideological identities.
Wickremesinghe said Saturday that it was not proper for him to leave without a government in place.
"Today in this country we have a fuel crisis, a food shortage, we have the head of the World Food Program coming here and we have several matters to discuss with the IMF," Wickremesinghe said. "Therefore, if this government leaves there should be another government."
Thousands of protesters entered the capital Colombo on Saturday and swarmed into Rajapaksa's fortified residence. Crowds of people splashed in the garden pool, lounged on beds and used their cellphone cameras to capture the moment. Some made tea or used the gym while others issued statements from a conference room demanding that the president and prime minister go.
Even though both Wickremesinghe and Abeywardena said in their speeches that they had spoken with the president, they did not say anything about his whereabouts.
Protesters later broke into the prime minister's private residence and set it on fire, Wickremesinghe's office said. It wasn't clear if he was there when the incursion happened and the prime minister's spokesperson could not be reached for comment.
The country is relying on aid from India and other nations as leaders try to negotiate a bailout with the IMF. Wickremesinghe said recently that negotiations with the IMF were complex because Sri Lanka was now a bankrupt state.
Sri Lanka announced in April that it was suspending repayment of foreign loans due to a foreign currency shortage. Its total foreign debt amounts to $51 billion, of which it must repay $28 billion by the end of 2027.
Months of demonstrations have all but dismantled the Rajapaksa political dynasty, which has ruled Sri Lanka for most of the past two decades but is accused by protesters of mismanagement and corruption. The president's older brother resigned as prime minister in May after violent protests saw him seek safety at a naval base.
He later moved into a house in Colombo, but the president's whereabouts remain unknown.
Copyright 2022 NPR. To see more, visit https://www.npr.org. | https://www.kunc.org/npr-news/npr-news/2022-07-09/sri-lankas-oppositional-parties-hope-to-install-a-new-government-amid-the-turmoil | 2022-07-10T13:19:15Z | https://www.kunc.org/npr-news/npr-news/2022-07-09/sri-lankas-oppositional-parties-hope-to-install-a-new-government-amid-the-turmoil | true | 37 |
'I'm still in awe': Blue Angels weekend on Pensacola Beach could have set a record
Thousands of fans from across the country spent three days on Pensacola Beach this weekend to see their beloved U.S. Navy Blue Angels, despite brutal temperatures that reached 92 degrees.
The area was under a heat advisory Friday with a "real feel" temperature of 107 degrees. Saturday reached 91 degrees with a real feel temperature of 109, according to the National Weather Service.
A rainbow of colored tents stretched across the crystal white sand as fans sought relief from the blazing temperatures, coolers of cold water at the ready and taking frequent dips into the Gulf of Mexico.
Still, the heat was an issue for some beachgoers. Escambia County spokesman Davis Wood said Friday that seven people were treated for heat illnesses and three of them had to be transported to the hospital.
Blue Angels commander:Pensacola Beach Air Show 2022 has huge buzz thanks to lift from 'Top Gun: Maverick' film
Thursday's practice show:'You have to be there': Veterans, visitors and locals flood Pensacola Beach to see Blues
Veterans of the annual beach show know just what to expect and many scope out their seats on the sand — under a huge umbrella — before 5 a.m., sticking to water and Gatorade rather than beer and soda.
Kevin Peeler, a Ripley, Mississippi, resident visiting Pensacola for the air show, wasn't taking any chances when it came to traffic that could compromise his front-row vantage point. He made sure he had a spot secured on the shoreline by 6 a.m. Thursday, intentionally coming to a practice show to avoid the crowds.
"This is the way to do the beach," Peeler said, motioning to his setup of a pop-up tent, cooler and plate of lunch overlooking the rolling turquoise waves.
Peeler has improved on his strategies for watching the Blues since his first show in 2014. The first time he saw the show was a "happy accident" during a pre-planned boys' beach trip to Pensacola Beach. Now, he makes a point to come back every year for the show. He planned on attending Friday and Saturday as well, even if that meant waking up a little earlier.
"(Friday), that (6 a.m.) won't be early enough," Peeler said.
By Saturday, the parking lots at Casino Beach and Quietwater were closed by 5:25 a.m., the earliest the lots were filled in several years and a possible record. Officials are still checking traffic reports, but believe the Saturday show set a record attendance — at least in modern memory.
Rewind:Blue Angels Pensacola Beach Air Show live updates from Saturday
'It never gets old':Spectators pack Pensacola Beach for Blue Angels dress rehearsal show
To get a good viewing spot to see the Blues, would-be spectators arrived throughout the early morning hours. However, to get what perhaps is one of the most coveted viewing locations — exactly on the edge of the waterline at high tide — the Taylor family took their arriving early to whole other level.
“10:30,” Patrick Taylor said. “Last night. Yeah, we got here at 10:30 last night.”
Patrick Taylor, his wife, Jennifer Taylor, their eldest daughter, Elise Taylor, and her boyfriend, Joseph Kilcoyne, arrived on Casino Beach at 10:30 p.m. Friday night to secure their ideal viewing location for the 2022 Blue Angels Airshow.
They came equipped with two tents, multiple chairs and several large coolers, and their personal little compound sat about three feet from the water.
“We brought tents, chairs to sleep in, slept on the beach and the next thing you know it was sunrise,” Patrick Taylor said.
They said that there were around 100 people who had the same idea as they did and spent the night on the beach.
“When we went to sleep, there were some tents around, but by the time we woke up there was all of this,” Patrick said, pointing to the forest of beach umbrellas.
Saturday is traditionally the busiest day of the show, but the preceding practice and dress rehearsal days are quickly catching up.
Although Thursday has flown under the radar as the best day for locals to catch a Blue Angels show due to the reduced traffic and easier beach access, some would say the secret is out.
"Today is a lot busier than usual," Navarre resident Beverly Harding said at Thursday's performance.
Though she and her husband, David Harding, have sought every opportunity to see the Blue Angels' fall and summer shows religiously for the past 15 to 20 years, the Thursday dress rehearsal has become their favorite day to come out.
David Harding said he will happily endure the traffic each year if it means that he can experience the rush of the planes charging over his head. Even though 35 years have passed since he caught his very first show at Naval Air Station Pensacola, he still experiences that first-time feeling. He recalls hoisting himself up on a cooler to get a better view before feeling the wind of the planes pass over him at what seemed like an arm's length away.
"I literally almost fell off that ice chest with my 5-year-old son," he said.
That thrill is a familiar one for any Pensacola resident who has been pleasantly surprised by a Blue Angel sighting during a swim at the beach or after a grocery run at the Blue Angel Parkway Walmart.
Not everyone is as lucky.
You can still see the Blues:Blue Angels 2022 practice schedule in Pensacola announced
The long-awaited air show that comes to Pensacola Beach every summer pulls the heartstrings of people near and far, beckoning many from across the country and other parts of Florida to see the spectacle.
It certainly drew in Clay Isbell and his group of 12 friends Friday, who make the 180-mile trip from Slidell, Louisiana, every year.
Isbell is a photographer who loves coming out to Pensacola Beach annually.
"I love it," Isbell said. "Seeing them (fly) over the water, it adds a new element."
The air show is so special to the group of friends that Isbell said the event became an annual bucket list item after he saw the planes flying overhead.
"We booked (the hotel) next year in advance, because we know we'll be back next year," he said.
That's the draw of the Blue Angels, and it's one that the elite pilots never take for granted.
"To come here and represent our brothers and sisters in arms who are out there and by the nature of our naval services, folks just don't get to see us," said Capt. Brian Kesselring, Blue Angels commanding officer and flight leader. "And to be able to bring that to the American public and make it something they can reach out and touch and appreciate is something that was super impactful in my life."
For retired U.S. Navy administrator Ty Beach, it's the timing and precision of the pilots that have kept his attention fixed on the Blues every time he has seen them fly, whether it has been across California, Hawaii or Japan.
"I've only seen them about 450 times," Beach said with a chuckle. "I'm still in awe. If you can fly three feet apart at that speed, it's still amazing to me."
The Blue Angels Super Hornet jets actually fly as close as 18 inches apart as they perform aeronautic maneuvers like the Diamond Dirty Loop, the Double Farvel, the Vertical Pitch, the Fleur-de-Lis, the Opposing Knife-Edge pass and the crowd-favorite Sneak Pass.
These are just a few of the mind-blowing displays of choreographed precision flying the Navy's flight demonstration team has perfected over the past 75 years.
They are slated to perform at 30 different locations this year. And the excitement over the Blue Angels has only increased in the last few months following the release of the new film "Top Gun: Maverick."
"Throughout the air shows we've had, it's been record crowds, sellout crowds, and a lot of Top Gun T-shirts we're seeing around the crowd line," Kesselring said.
A beautiful aspect of the Blue Angels performance is that each stop the team gives a ride to a "key influencer" who makes a difference in the community.
Ashley Turner, a guidance counselor at Tate High School, was one of those selected for a flight during this year's show.
Turner pulled 7.4 g's during her flight — that's a force equal to 7.4 times normal gravity — and briefly blacked out during the maneuver. However, she said she did not get sick during the flight.
"They do this air show after air show," Turner said. "And especially after watching 'Maverick' the movie, it really kind of is like being up there like Tom Cruise, but it's the real deal."
Benjamin Johnson can be reached at bjohnson@pnj.com or 850-435-8578 | https://www.pnj.com/story/news/military/blueangels/2022/07/10/blue-angels-pensacola-beach-air-show-weekend-brings-thousands/7820285001/ | 2022-07-10T13:19:24Z | https://www.pnj.com/story/news/military/blueangels/2022/07/10/blue-angels-pensacola-beach-air-show-weekend-brings-thousands/7820285001/ | false | 2 |
An outdoor learning zone costing almost £450,000 will change the lives and education of youngsters at a special school.
Catcote Academy has developed the amazing space which will create wonderful experiences for the children. But, the Hartlepool school is not keeping the fun to themselves, they will be opening it up to community groups.
The new Outdoor Fitness and Learning Zone (OFALZ) has been specifically designed for children, young people and adults with learning difficulties and disabilities. The zone includes a wheelchair friendly track, an alternative rough track for more able runners, an assault course and two junior football pitches.
READ MORE:Successful venue owner Joe is bringing once-busy bar back to life with workmen already inside
There is also outdoor gym equipment, sensory play and environmental learning areas, an outdoor classroom area complete with fire pit and an area for forest school and Duke of Edinburgh Awards. As well as providing the perfect place on the Catcote Road site for those already at the Academy, the OFALZ is also open to bookings from outside groups across the town.
It is the ideal facility to develop new skills or to take part in physical activity, with Catcote Academy inviting anyone interested to head along to the summer fair on Saturday, July 16, between 11am and 2pm, to experience it for themselves.
Lisa Greig, Catcote Academy’s headteacher, said: "We are really proud of what has been achieved with this fantastic area that everyone can benefit from. Whether it is local scout groups, holistic therapists, private nurseries or even fitness boot camp leaders, we believe our Outdoor Fitness and Learning Zone is suitable for a wide-range of people across our town.
"That was the aim when we went through the process of planning and building the zone? Yes, we wanted it to help us deliver a high quality, relevant and balanced education for all our students, but we also wanted to open it up for the benefit of the community as a whole."
Having successfully raised £443,000 to build it, including funding from Sport England, Wolfson Foundation, Bailey Thomas Trust, Garfield Weston and James Knott, Catcote wants parents, friends and local groups to know they can use it too.
To take a look at the OFALZ head to Catcote’s summer fair where there will be entertainment including face painting, stilt walkers, live music and a DJ to get everyone in the party spirit with a load of activities for visitors to enjoy. There will be an opportunity to make bird feeders, go on scavenger hunts, listen to story-telling and toast marshmallows.
And there will also be food and craft stalls to keep everyone occupied on a day when Catcote Academy is keen to promote the brilliant work that goes on as well as highlight what the exciting new learning zone has to offer. Lisa added: "It should be a fantastic day and it will be nice for the people of Hartlepool to come along and see what we are about at Catcote Academy. Hopefully the sun will shine too.
"We have secondary, post-16 and post-19 students at one of our three Catcote sites across the town who are familiar with what we provide, but we hope our fair will also show others how we are focused on enhancing the life opportunities for young people as they move into the adult word."
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Teesside Conservative MP backs Rishi Sunak in race to be new Prime Minister | https://www.gazettelive.co.uk/news/teesside-news/450000-outdoor-learning-zone-change-24441854 | 2022-07-10T13:21:46Z | https://www.gazettelive.co.uk/news/teesside-news/450000-outdoor-learning-zone-change-24441854 | false | 1 |
Ayesha Rascoe speaks with film critic Monica Castillo about the documentary series "Menudo: Forever Young," which chronicles the rise and fall of the Puerto Rican boy band.
Copyright 2022 NPR
Ayesha Rascoe speaks with film critic Monica Castillo about the documentary series "Menudo: Forever Young," which chronicles the rise and fall of the Puerto Rican boy band.
Copyright 2022 NPR | https://www.ksmu.org/2022-07-10/menudo-forever-young-follows-the-rise-and-fall-of-the-puerto-rican-boy-band | 2022-07-10T13:22:35Z | https://www.ksmu.org/2022-07-10/menudo-forever-young-follows-the-rise-and-fall-of-the-puerto-rican-boy-band | true | null |
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MDOT SHA continues bridge rehabilitation work on Route 40 at Baltimore/Harford County line
BALTIMORE, MD—The Maryland Department of Transportation State Highway Administration is continuing its $32.6 million rehabilitation of four bridges along eastbound and westbound US 40 (Pulaski Highway) between White Marsh in Baltimore County and Joppa in Harford County, and will install a long-term traffic split on two of the four bridges on Sunday, July 10.
Weather permitting, crews will work from 7 p.m. Sunday, July 10, to 5 a.m. Monday, July 11, to set up barriers that will divide two travel lanes on eastbound US 40 over Little Gunpowder Falls (toward Aberdeen) and on westbound US 40 over Little Gunpowder Falls (toward Baltimore).
The shift will be in effect for approximately five months to allow crews to safely work on both bridge decks this summer and fall. The entire project is expected to be complete by spring 2023, weather permitting. MDOT SHA contractor Allan Myers – MD Inc., of Fallston, is performing the work. More information on this four-bridge project can be found here.
Customers who have questions about this work may contact the MDOT SHA District 4 Office Construction Division at 410-229-2300, 1-866-998-0367 or shadistrict4@mdot.maryland.gov .
For a list of all major MDOT SHA projects, go to the Project Portal . For a look at real-time commute conditions, go to https://md511.maryland.gov .
Additional information is also available in the graphic below.
The post MDOT SHA continues bridge rehabilitation work on Route 40 at Baltimore/Harford County line appeared first on Nottingham MD . | https://www.newsbreak.com/news/2659203017321/mdot-sha-continues-bridge-rehabilitation-work-on-route-40-at-baltimore-harford-county-line | 2022-07-10T13:26:22Z | https://www.newsbreak.com/news/2659203017321/mdot-sha-continues-bridge-rehabilitation-work-on-route-40-at-baltimore-harford-county-line | true | 1 |
MARION CENTER ELIMINATED, SW JACK TO PLAY DECIDING GAME TONIGHT
One series ended but the other will need a deciding third game in the Indiana County Youth Legion semifinal playoff series. Punxsutawney S&T Bank broke a scoreless tie with a four-run third inning and eliminated Marion Center, 6-2 to sweep the two-game series. Cole Martino walked seven batters for S&T...
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PR Newswire
FARMINGTON, Conn., June 10, 2022
FARMINGTON, Conn., June 10, 2022 /PRNewswire/ -- Horizon Technology Finance Corporation (Nasdaq: HRZN) (the "Company" or "Horizon") announced today that it has priced an underwritten public offering of $50.0 million aggregate principal amount of notes due 2027 (the "Notes"), which will result in net proceeds to the Company of approximately $48.25 million after payment of underwriting discounts and commissions and estimated offering expenses payable by the Company. The Notes will mature on June 15, 2027 and may be redeemed in whole or in part at any time or from time to time at the Company's option on or after June 15, 2024. The Notes will be issued in denominations of $25 and integral multiples of $25 in excess thereof and will bear interest at a rate of 6.250% per year, payable quarterly, with the first interest payment occurring on September 30, 2022. In addition, the Company has granted the underwriters a 30-day option to purchase up to an additional $7.50 million aggregate principal amount of Notes to cover overallotments, if any.
The offering is expected to close on June 15, 2022, subject to customary closing conditions. The Company intends to list the Notes on the New York Stock Exchange under the symbol "HTFC."
The Company intends to use the net proceeds of the offering of the Notes to pay down borrowings under the Company's revolving credit facility with KeyBank National Association and for general corporate purposes.
The joint book-running managers for the offering are Keefe, Bruyette & Woods, A Stifel Company, B. Riley Securities and Oppenheimer & Co. The co-managers for the offering are Janney Montgomery Scott and Maxim Group LLC.
Investors are advised to carefully consider the investment objective, risks, charges and expenses of the Company before investing. The preliminary prospectus supplement dated June 8, 2022 and the accompanying base prospectus dated July 21, 2021, which have been filed with the Securities and Exchange Commission ("SEC"), contain this and other information about the Company and should be read carefully before investing. The information in the preliminary prospectus supplement, the accompanying prospectus and this press release is not complete and may be changed.
A shelf registration statement relating to these securities is on file with and has been declared effective by the SEC. The offering may be made only by means of a preliminary prospectus supplement and an accompanying prospectus, copies of which may be obtained from Keefe, Bruyette & Woods, Inc., Attn: Debt Capital Markets, 787 Seventh Avenue, Fourth Floor, New York, NY 10019, B. Riley Securities, Inc. 11100 Santa Monica Blvd, Suite 800 Los Angeles, CA 90025, Oppenheimer & Co. Inc., 85 Broad Street, 23rd Floor, New York, NY 10004 or by calling (800) 966 1559; copies may also be obtained by visiting EDGAR on the SEC's website at http://www.sec.gov.
This press release does not constitute an offer to sell or the solicitation of an offer to buy the securities in this offering or any other securities nor will there be any sale of these securities or any other securities referred to in this press release in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of such state or jurisdiction.
Horizon Technology Finance Corporation (NASDAQ: HRZN) is a leading specialty finance company that provides capital in the form of secured loans to venture capital backed companies in the technology, life science, healthcare information and services, and sustainability industries. The investment objective of Horizon is to maximize its investment portfolio's return by generating current income from the debt investments it makes and capital appreciation from the warrants it receives when making such debt investments. Headquartered in Farmington, Connecticut, Horizon also has a regional office in Pleasanton, California, and investment professionals located in Portland, Maine, Austin, Texas, and Reston, Virginia.
Statements included herein may constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Statements other than statements of historical facts included in this press release may constitute forward-looking statements and are not guarantees of future performance, condition or results and involve a number of risks and uncertainties. Actual results may differ materially from those in the forward-looking statements as a result of a number of factors, including those described from time to time in Horizon's filings with the Securities and Exchange Commission. Horizon undertakes no duty to update any forward-looking statement made herein. All forward-looking statements speak only as of the date of this press release.
Contacts:
Investor Relations:
ICR
Garrett Edson
[email protected]
(860) 284-6450
Media Relations:
ICR
Chris Gillick
[email protected]
(646) 677-1819
View original content:https://www.prnewswire.com/news-releases/horizon-technology-finance-corporation-prices-offering-of-notes-301565549.html
SOURCE Horizon Technology Finance Corporation | https://www.gurufocus.com/news/1815312/horizon-technology-finance-corporation-prices-offering-of-notes | 2022-07-10T13:36:01Z | https://www.gurufocus.com/news/1815312/horizon-technology-finance-corporation-prices-offering-of-notes | true | 3 |
Exeter Financial LLC grew its holdings in shares of Hormel Foods Co. (NYSE:HRL – Get Rating) by 7.7% during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 6,194 shares of the company’s stock after purchasing an additional 441 shares during the quarter. Exeter Financial LLC’s holdings in Hormel Foods were worth $319,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also made changes to their positions in the company. Riverview Trust Co acquired a new stake in Hormel Foods during the 1st quarter worth $27,000. Sandy Cove Advisors LLC acquired a new stake in Hormel Foods during the 4th quarter worth $31,000. Whittier Trust Co. boosted its stake in Hormel Foods by 61.5% during the 4th quarter. Whittier Trust Co. now owns 646 shares of the company’s stock worth $32,000 after purchasing an additional 246 shares during the last quarter. Leverty Financial Group LLC acquired a new stake in Hormel Foods during the 4th quarter worth $32,000. Finally, Hanson & Doremus Investment Management acquired a new stake in Hormel Foods during the 1st quarter worth $33,000. 41.06% of the stock is currently owned by institutional investors.
Several research analysts have recently weighed in on the stock. StockNews.com assumed coverage on shares of Hormel Foods in a research report on Thursday, March 31st. They set a “hold” rating on the stock. The Goldman Sachs Group cut shares of Hormel Foods from a “neutral” rating to a “sell” rating and set a $44.00 price target on the stock. in a research report on Tuesday, March 15th. Credit Suisse Group lowered their price target on shares of Hormel Foods to $44.00 in a research report on Friday, June 3rd. Finally, Piper Sandler lowered their price target on shares of Hormel Foods to $48.00 in a research report on Friday, June 3rd. One investment analyst has rated the stock with a sell rating, six have assigned a hold rating and one has assigned a buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $47.83.
Shares of HRL opened at $47.55 on Friday. The company has a current ratio of 2.28, a quick ratio of 1.20 and a debt-to-equity ratio of 0.45. The firm has a market cap of $25.97 billion, a P/E ratio of 27.17, a price-to-earnings-growth ratio of 3.26 and a beta of 0.12. Hormel Foods Co. has a 12-month low of $40.48 and a 12-month high of $55.11. The company’s 50-day moving average price is $48.23 and its 200 day moving average price is $49.29.
Hormel Foods (NYSE:HRL – Get Rating) last posted its quarterly earnings data on Thursday, June 2nd. The company reported $0.48 EPS for the quarter, beating analysts’ consensus estimates of $0.47 by $0.01. The business had revenue of $3.10 billion for the quarter, compared to analyst estimates of $3.07 billion. Hormel Foods had a return on equity of 14.10% and a net margin of 7.70%. The business’s revenue for the quarter was up 18.8% compared to the same quarter last year. During the same quarter last year, the company earned $0.42 earnings per share. Equities research analysts forecast that Hormel Foods Co. will post 1.87 earnings per share for the current year.
The business also recently disclosed a quarterly dividend, which will be paid on Monday, August 15th. Investors of record on Monday, July 11th will be paid a dividend of $0.26 per share. This represents a $1.04 dividend on an annualized basis and a dividend yield of 2.19%. The ex-dividend date is Friday, July 8th. Hormel Foods’s payout ratio is currently 59.43%.
About Hormel Foods (Get Rating)
Hormel Foods Corporation develops, processes, and distributes various meat, nuts, and food products to retail, foodservice, deli, and commercial customers in the United States and internationally. The company operates through four segments: Grocery Products, Refrigerated Foods, Jennie-O Turkey Store, and International & Other.
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Want to see what other hedge funds are holding HRL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Hormel Foods Co. (NYSE:HRL – Get Rating).
Receive News & Ratings for Hormel Foods Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Hormel Foods and related companies with MarketBeat.com's FREE daily email newsletter. | https://reporter.am/2022/07/10/hormel-foods-co-nysehrl-shares-bought-by-exeter-financial-llc.html | 2022-07-10T13:39:16Z | https://reporter.am/2022/07/10/hormel-foods-co-nysehrl-shares-bought-by-exeter-financial-llc.html | false | 4 |
An NPR reporter takes an early mountain trip up one of New York's Adirondack mountains. (This piece originally aired July 6, 2022, on All Things Considered.)
Copyright 2022 NPR
An NPR reporter takes an early mountain trip up one of New York's Adirondack mountains. (This piece originally aired July 6, 2022, on All Things Considered.)
Copyright 2022 NPR | https://www.kvnf.org/2022-07-10/a-sunrise-trek-to-a-fire-tower-in-n-y-s-adirondack-mountains | 2022-07-10T13:40:34Z | https://www.kvnf.org/2022-07-10/a-sunrise-trek-to-a-fire-tower-in-n-y-s-adirondack-mountains | false | null |
PR Newswire
RADNOR, Pa., June 30, 2022
RADNOR, Pa., June 30, 2022 /PRNewswire/ -- Avantor, Inc. (NYSE: AVTR), a leading global provider of mission-critical products and services to customers in the life sciences, advanced technologies and applied materials industries, announced that it will release its financial results for the second quarter 2022 after the market closes on July 28, 2022, and will hold a conference call on July 29, 2022, at 8:00 a.m. Eastern Daylight Time to discuss the details.
To participate by phone, please dial (844) 200 6205 (domestic) or (929) 526 1599 (international) and use the conference code 554992. A live webcast can be accessed on the investors section of Avantor's website and a replay will be available through August 29, 2022. The earnings press release and presentation will also be posted to the Company's website.
About Avantor
Avantor®, a Fortune 500 company, is a leading global provider of mission-critical products and services to customers in the biopharma, healthcare, education & government, and advanced technologies & applied materials industries. Our portfolio is used in virtually every stage of the most important research, development and production activities in the industries we serve. Our global footprint enables us to serve more than 225,000 customer locations and gives us extensive access to research laboratories and scientists in more than 180 countries. We set science in motion to create a better world. For more information, visit avantorsciences.com and find us on LinkedIn, Twitter and Facebook.
Investor Relations Contact
Christina (CJ) Jones
Vice President, Investor Relations
Avantor
+1 805-617-5297
[email protected]
Media Contact
Petro Kacur
Director, PR and External Communications
Avantor
+1 404-408-0663
[email protected]
View original content to download multimedia:https://www.prnewswire.com/news-releases/avantor-to-host-second-quarter-2022-earnings-call-on-friday-july-29-2022-301578401.html
SOURCE Avantor and Financial News | https://www.gurufocus.com/news/1815365/avantor-to-host-second-quarter-2022-earnings-call-on-friday-july-29-2022 | 2022-07-10T13:41:23Z | https://www.gurufocus.com/news/1815365/avantor-to-host-second-quarter-2022-earnings-call-on-friday-july-29-2022 | false | 2 |
As a life-long educator, I spent my days in public schools where everything centered on setting a path for our youth to have a good life. If we could distill values shared across all cultures, at the very heart would be protecting our children as they grow while also ensuring a safe and healthy world for them to inhabit when we are gone. The recent U.S. Supreme Court decision gutting the EPA’s protective power was a painful jolt, and took me immediately to the faces of children I’ve loved, and the bright eyes of our little two and half year-old grandson.
How tragic that the ruling put the relentless drive for corporate profit ahead of our deep responsibility to our youth. In EPA vs. West Virginia, the Supreme Court hamstrung this nation’s ability to uphold protections in the Clean Air Act, a law passed by Congress in 1970 and signed by Richard Nixon. The Act passed during an era when such protections were a source of pride for lawmakers across the political spectrum. This was a time when many of our laws resulted from a vigorous exchange of ideas with compromises reached to benefit us all.
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This destructive ruling upends decades of precedents upheld by Supreme Courts of all makeups. It favors wealthy industrial interests over public health and the health of our planet. Fifty years ago, The Clean Air Act was passed when our cities — and nearby areas — were choking with smog and pollution. Once in effect, lung cancer, asthma, and heart disease rates dropped, and precious lives were saved.
Today, the great challenge facing us is the climate crisis. 99% of scientists - including those from respected institutions like NASA and the Department of Defense — recognize that human-caused climate change results from carbon dioxide and industrial methane pollution, mostly from burning fossil fuels. These scientists have alerted us that the climate change-fueled wildfires, droughts, and devastating floods impacting us now will become more frequent and severe unless we act decisively. Living close to nature, farmers, ranchers, and others working on the land are feeling the immediate impacts. Health professionals are speaking loudly, as they see more disease and death from the rise in climate-related respiratory ailments. And all of us, wherever we are in Montana, know that our climate is changing rapidly, losing some of the predictability that all life depends on.
We won’t allow a Supreme Court ruling to dampen our determination to tackle this crisis with the same love and devotion that previous generations summoned to tackle the crises facing them. We’ll work together to steward our greatest sources of well-being — our clean air and water, unspoiled landscapes, healthy, predictable climate, our respectful and reciprocal relationships, and our democracy.
As board chair of Northern Plains Resource Council, a grassroots conservation organization founded by family ranchers to protect their livelihoods from unchecked industrial development, I’ve seen our membership expand to include those living in towns and cities. Our members from rural ranchlands and urban centers alike share the original concerns of the first members alongside new ones created by our climate crisis. Over five decades our organization has supported people from all walks of life to use the tools of local democracy to build leadership skills and strengthen their communities. As we rise to face the greatest challenge of today, we continue that tradition.
Community by community, we’re working to give Montanans the clean energy future they want and deserve. While we laud action from office holders and decision-makers in Washington, D.C., we know that our deepest power comes from taking action with others in our own communities. Through co-ops, decentralized and localized clean power, local solarize campaigns, relentless accountability for our utility companies, and more, we will address this crisis. Our children and grandchildren deserve the same chance to thrive that our parents and grandparents gave us. We won’t let them down. | https://mtstandard.com/opinion/columnists/joanie-kresich-our-children-deserve-the-same-conservation-and-health-protections-our-parents-gave-us/article_c6f8b577-608d-5801-a479-2c7dbf003636.html | 2022-07-10T13:41:30Z | https://mtstandard.com/opinion/columnists/joanie-kresich-our-children-deserve-the-same-conservation-and-health-protections-our-parents-gave-us/article_c6f8b577-608d-5801-a479-2c7dbf003636.html | false | 4 |
Firefly ITX-3568JQ mini-ITX motherboard from $339
Firefly has this week launched a new addition to their ever-growing range of motherboards with the launch of the ITX-3568JQ, a mini-ITX motherboard featuring a quad-core ARM Cortex-A55 processor and new ARM v8.2-A architecture priced from $339. The motherboard supports up to 8 GB of RAM equipped with up to 32Bit...
www.geeky-gadgets.com | https://www.newsbreak.com/news/2659214622875/firefly-itx-3568jq-mini-itx-motherboard-from-339 | 2022-07-10T13:44:56Z | https://www.newsbreak.com/news/2659214622875/firefly-itx-3568jq-mini-itx-motherboard-from-339 | true | null |
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Landus Cooperative Closes Beef Feed Mill in Jefferson
A farmer-owned cooperative recently pulled up stakes in a facility in Jefferson. Landus Cooperative closed its beef feed mill in Jefferson. The company took over the former soy flakes manufacturing plant and opened the feed mill in 2018. CEO Matt Carstens...
www.raccoonvalleyradio.com | https://www.newsbreak.com/news/2659216779326/landus-cooperative-closes-beef-feed-mill-in-jefferson | 2022-07-10T13:50:33Z | https://www.newsbreak.com/news/2659216779326/landus-cooperative-closes-beef-feed-mill-in-jefferson | false | null |
Scarlet Witch Puts New X-Men Team Together In Hellfire Gala Leaks
Comic book websites that review copies get advance copies of Marvel Comics titles, digitally, so they can prepare reviews in advance. Or run in advance, along strictly agreed guidelines. I wouldn't know, Bleeding Cool doesn't get review copies from Marvel Comics, or DC Comics, we do our own thing, which is why you often get coverage that, well, Marvel or DC wouldn't agree to. Former DC VP Sales John Cunningham used to refer to comic books and mainstream news websites as "controlled media" and Bleeding Cool as "uncontrolled media". I should have that on a T-shirt. But Marvel may be giving their current relationships a second thought after a significant leak this weekend of next week's Hellfire Gala (which won't be in the UK until the week after that).
X-Men and Hellfire Gala writer Gerry Duggan tweeted "Attention people of Earth. The Hellfire Gala is being screened and shared now. I would ask if you have the images shared from the press review (thanks, folks – very professional) that you do not share them, or if simply must – spoiler it at the very least."
We ran the leaks for the new X-Men team yesterday, with suitable spoiler warnings but there is more to come.
Scarlet Witch fan Twitter account Wanda Constantine posted more pages of Scarlet Witch at the Hellfire Gala "She is taking up Jean's spot from last year and launching X-Men #xpoilers The leaks are good." So Wanda Maximoff is showing how the sausage of making the new X-Men team is made… playing the role that Jean Grey played in the previous Hellfire Club of putting it all together. And we see the debate, the machinations, the power play, the demands and the final solution.
X-MEN HELLFIRE GALA #1
MARVEL COMICS
APR220769
(W) Gerry Duggan (A) Matteo Lolli, C.F. Villa, Various (CA) Russell Dauterman
NEW TEAM REVEALED! At last year's gala, mutants changed the face of the solar system, terraforming Mars and claiming it for mutantkind. Do you think you can afford to miss this year's gala, all contained in this one over-sized issue!?
RATED T+In Shops: Jul 13, 2022 SRP: $7.99 | https://bleedingcool.com/comics/scarlet-witch-puts-new-x-men-team-together-in-hellfire-gala-leaks/ | 2022-07-10T13:52:24Z | https://bleedingcool.com/comics/scarlet-witch-puts-new-x-men-team-together-in-hellfire-gala-leaks/ | true | 1 |
Updated July 10, 2022 at 9:28 AM ET
KYIV, Ukraine — At least 15 people were killed when a Russian rocket hit an apartment building in the eastern Ukraine town of Chasiv Yar and more than 20 people may still be trapped in the rubble, officials said Sunday.
The Saturday night rocket assault is the latest in a recent burst of high-casualty attacks on civilian structures. At least 19 people died when a Russian missile hit a shopping mall in the city of Kremenchuk in late June and 21 people were killed when an apartment building and recreation area came under rocket fire in the southern Odesa region this month.
Russia has repeatedly claimed that it is hitting only targets of military value in the war. There was no comment on Chasiv Yar at a Russian Defense Ministry briefing on Sunday.
Pavlo Kyrylenko, governor of the Donetsk region that includes Chasiv Yar, said the town of of about 12,000 was hit by Uragan rockets, which are fired from truck-borne systems.
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The Ukrainian emergency services later said the death toll had risen to 15 and that an estimated two dozen people were under the wreckage. Rescuers made voice contact with at least three people trapped in the rubble, it said.
Chasiv Yar is about 20 kilometers (12 miles) southeast of Kramatorsk, a city that is expected to be a major target of Russian forces as they grind westward.
The Donetsk region is one of two provinces along with Luhansk that make up the Donbas region, where separatist rebels have fought Ukrainian forces since 2014. Last week, Russia captured the city of Lysychansk, the last major stronghold of Ukrainian resistance in Luhansk.
Russian forces are raising "true hell" in the Donbas, despite assessments they were taking an operational pause, Luhansk governor Serhiy Haidai said Saturday.
After the seizure of Lysychansk, some analysts predicted Moscow's troops likely would take some time to rearm and regroup.
But "so far there has been no operational pause announced by the enemy. He is still attacking and shelling our lands with the same intensity as before," Haidai said. He later said the Russian bombardment of Luhansk was suspended because Ukrainian forces had destroyed ammunition depots and barracks used by the Russians.
Copyright 2022 NPR. To see more, visit https://www.npr.org. | https://www.knba.org/npr-news/2022-07-10/20-people-may-be-trapped-after-a-rocket-hit-an-apartment-in-ukraine | 2022-07-10T14:06:41Z | https://www.knba.org/npr-news/2022-07-10/20-people-may-be-trapped-after-a-rocket-hit-an-apartment-in-ukraine | false | 44 |
Maruti Suzuki India (MSI) plans to protect and enhance its market share in the non-SUV space while expanding presence in the SUV segment, where it has been lagging behind the competition, as part of a twin-pronged strategy to safeguard its position in the auto sector, as per a senior company official.
The company currently has a market share of 67 per cent in the non-SUV space, its highest in two decades, but lacks muscle in the fast-growing SUV segment with overall market share hovering around 13 per cent.
"The objective seems to be clear, we need to protect and enhance market share in the non-SUV segment while capturing more of SUV (share)..it is very simple, clear and quite obvious goal," MSI Senior Executive Director (Marketing and Sales) Shashank Srivastava told PTI in an interaction.
In the SUV segment, the company plans to launch new models, while in the non-SUV space comprising hatchbacks, sedans and vans, it aims to bring in new features, technology and aggressive design language, he added.
Asked if the company would also look at bringing a brand new entry-level car, he said: "It is a possibility but we have to finalise our plan..we will do anything to protect our market share."
In the SUV space, MSI is already in the process of taking a slew of measures, including back-to-back product launches to cater to a range of customers across various emerging sub-segments.
Srivastava noted that the company just has two models in the overall SUV segment which currently has around 48 products.
"The real weakness seems to be in the mid-SUV segment where our market share is just around 3 per cent," he added.
The mid-size SUV segment is dominated by models like Hyundai Creta and Kia Seltos.
The company is also targeting to once again go past the 50 per cent mark in the domestic passenger vehicles segment. Maruti Suzuki ended the last fiscal at around 43 per cent market share.
Srivastava said the company, which has just introduced a new version of its compact SUV Brezza, is now gearing up to launch a mid-sized model later this month to strongly challenge the competitors.
In order to prune the deadwood, MSI has also decided to discontinue the S-Cross from the line up and plans to focus on the new model which is going to be produced by Toyota and feature both mild and strong hybrid technology, he stated.
"We will unveil a pure SUV shortly. It is a 4.3-metre car...if you look at the dimensions, our car would be bigger, wider and spacious (than Hyundai Creta)," Srivastava said.
The model would come with two powertrains featuring mild hybrid technology developed by Suzuki and a strong hybrid system from Toyota.
"Production will start in August at the Toyota plant in Bidadi, Karnataka and we hope to start selling it sometime in the upcoming festive season," Srivastava said.
He noted that the model could be a game changer as it does not require external charging infrastructure and the buyers also do not face range anxiety issues. Besides, the price of the car will not be as high as a pure battery electric vehicle.
Asked about S-Cross, he stated the model makes "no business sense" with low volumes and thus would be discontinued.
"The mid SUV segment has grown and now is the third after the entry SUV and premium hatch. So presence is necessary here and we have S-Cross which is not giving us volumes," he noted.
Elaborating on the entry-level SUV segment, where it sells Brezza, Srivastava said the vertical has become the largest in the entire passenger vehicle space, overtaking premium hatchbacks which dominated the market since 2011.
"Out of 30.68 lakh volumes last year, the entry SUVs' share stood at 6.52 lakh units. When Brezza was initially launched in 2016, the segment volume stood at around 1.29 lakh units," he said.
Srivastava noted that despite various companies entering the space, only four models -- Nexon, Brezza, Venue and Sonet -- were selling over a lakh units per annum.
He pointed out that there has been a remarkable shift from diesel to petrol cars in the compact SUV segment.
"In 2015-16, diesel used to be 87 per cent of the market...Last year this figure was 80 per cent petrol and roughly 20 per cent diesel," Srivastava said.
He further said the Brezza has been a market leader in the last five years and it was only in the last financial year that it sold less than Tata Nexon.
"The new version of Brezza should give us greater volume and definitely we are looking forward towards more market share...," he said, adding that the compact SUV has already received over 50,000 bookings. | https://www.outlookindia.com/business/maruti-suzuki-deploys-twin-pronged-strategy-to-enhance-market-share-news-208193 | 2022-07-10T14:07:05Z | https://www.outlookindia.com/business/maruti-suzuki-deploys-twin-pronged-strategy-to-enhance-market-share-news-208193 | false | 7 |
As the monsoons advance across the country, West Bengal-based poet and artist Sufia Khatoon paints her city - Kolkata, in all its drenched glory. Its “soaked rickety rickshaw-walas speeding through the lanes, rain drizzling through the yellow street lights, dark alley way near the canal lined with load cart pullers, half-naked men washing in the public waterways, knees deep in stench mud holes, lightning in the sky, workers leaving the CESE office gate, dogs barking” - all misty, colliding, and transient.
Stillness
(i) Still
Still rain seeds in my mouth,
on my tongue, in my eyes,
taking root, uprooting,
everything I am in this hour
it goes somewhere else
searching for respite
dragonflies and glowworms
in the windshield of my heart
mating, moving, circling
rain clouds
(ii) Dispersion
One droplet held carefully in
the dip of a guava leaf falls
I see in that falling drop
prism of scented
flowers spiral into
skyscrapers into
watermarked clouds into
people running for covers into
traffic noise into silence in the eyes that need love.
Falling
Still falling
into the stillness
and cracks the surface of the soil into
thousand rays of light...
Post rain dispersion
On the patio of an old Bengali bari, an old woman sits moving her fingers through her hair on a wooden takta engulfed with rain smoke, the milkman churning milk in a kadhai outside, litchis on the cart smelling of rain, an aged Banyan tree near the water clogged canal drenched to the roots, the storm wreaked billboards, a rain-washed waiting room in the burial ground, water seeping through the bridge gab under which the children shower and scream, rain drops scaling down the auto window –
"Pani se risi hui diwaron par aam ka darakt lagkar chadraha hai gheri shaam mein – "
Fish sellers in the lampu light selling fish in makeshift plastic tents, soaked rickety rickshaw-wala speeding through the lanes, rain drizzling through the yellow street lights, dark alleyway near the canal lined with load cart pullers, half-naked men washing in the public waterways, knees deep in stench mud holes, lightning in the sky, workers leaving the CESE office gate, dogs barking, samosas and hot fritters in rain kissed mouths, flower seller covering their scent, fresh tobacco shredded in the machine by hard hands –
A drunken man passed out under the banyan tree, a mochi sitting inside a leaking kiosk, washing his feet in the rain, bread, and fried eggs in the chai stall, paper boats sailing through the drains, soaked flowers on the red sanded ground of Kali temple, rain-soaked Pigeons on the ivory white Masjid dome of park circus - water seed on my tongue dispersing into the night lights on the street crossing elsewhere.
1 km: lap 15
5.15 a.m.
The trees are a shade of blueberries and coal.
The air is simply translucent water on the mid-June leaves.
I feel the ankle bone creaking in the heat, inhaling half breaths; I focus on the bridge run, crows passively digging in the garbage bin and stillness.
Forget the distance –
I recall that this bridge ends near the sun.
3 km: lap 28
5.40 a.m.
My lungs pump in the air in hesitation and
my mouth pumps out the sadness in my eyes.
Among the things I crave
fluorescent lights in the storm,
intimacy and roots in the sky
5 km: lap 33
6.10 a.m.
Rain douses the vendors, the tram, the cars over the bridge, the old new market, trickles down my spine and vents out on my face with its cold needles.
People run everywhere, pushing aside the smell of sweaty armpits, the skin of loneliness and growth rings of clustered bodies.
Out of strength
close to the water near the Hooghly river
I look for places to walk...
7 km: lap 41
7.10 a.m.
Encouraged myself to enter the thick tree-laden train track near the Maidan
I feel nothing but the swelling of my shin, burning nerve near my ears, watermarks on my nape, and a wide stretch of smoke from the factories.
Where do we go from here?
Where do we finally go?
8.5 km: lap 52
8.40 a.m.
There is friction in the air, I exhale in exhaustion. I sense the speeding time passing the highway, the hold of gravity, the feeling of floating bubbles under my running feet, and my thundering heartbeat.
I see only hazing rain blinding my eyes,
coldness of my breath,
controlling existence and sadness.
Waves in the river...
Stay still if you want to cross
elsewhere
Notes to rainy twilights
(i)
Wherever I go, water marks my footsteps.
It remembers my touch on its shifting gaze and the submerged ghats.
I know I should shed the glazed bubbles of love around me and hold the glistening pavement in the streetlight. I should separate my bones from my veins and teach myself 'endurance' and the skills to feed my stomach on its own.
Here the river coils the lovers shielded by the trees. The breeze smells of French breads, morning sermons and my silence in the evening shower in Rani ghat.
(ii)
I pluck the purple ripped phalsa from the tree, the sky thunders like my ammi's temper.
The airplanes signal frantically to land in the mist of my body. Two boys on one of the water tanks, look for songs to play and gaze ahead. Another one jumps rope while her sister collects the dried clothes from the shaking clothesline in the heavy wind.
Before a thunderstorm crows fight for shelter in my garden. I see a group of kids playing catch and waiting for the rain. The pigeons have returned in the big cage of the middle-aged man who looks up at the sky to count their numbers every day.
Another woman teaches tricks to her pet stray cat and chases it around her terrace. I hear sounds of water, welding of scissors and machines inside the buildings, and a collective call for prayer by the muezzin of all the Masjids in my area. At times they sound surreal; at times they surrender to the passing days. The stadium lights blink bright for the match to begin.
The trees remain firm in their places, holding my will. I smell the hazy evening, the faint lights, and the electric towers. There is a kind of purple hue emitting from the lighted skyscrapers. I look for the North Star in this haze, in the blinking noise of the cars, bats and people. I sit through the rainy twilight; soak in the rain till the night makes me another shade of its silhouette.
(Sufia Khatoon is a multi-lingual performance poet, artist, literary translator and facilitator. She is the co-founder of Rhythm Divine Poets community Kolkata and the co-editor of EKL Review) | https://www.outlookindia.com/culture-society/rain-droplets-can-capture-the-stillness-of-a-scattered-heart-news-208185 | 2022-07-10T14:07:18Z | https://www.outlookindia.com/culture-society/rain-droplets-can-capture-the-stillness-of-a-scattered-heart-news-208185 | true | 1 |
Mark Cavendish says he cried after Quick-Step Alpha Vinyl team-mate Yves Lampaert won the opening stage at the Tour de France.
Lampaert claimed a stunning time trial win in a rainy Copenhagen, with the Belgian shocking the fancied Wout van Aert (Jumbo-Visma) and the puncture-affected Filippo Ganna (Ineos Grenadiers) before giving a tearful interview.
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Cavendish was a controversial omission at the Tour as Quick-Step opted to take Fabio Jakobsen as their sprinter. Jakobsen won Stage 2 to complete his own memorable comeback after fighting back from his horror crash at the 2020 Tour of Poland that left him in a coma.
Tour de France
Tour de France 2022 Stage 5 - Route map, how to watch as cobbles await
Cavendish won four stages to equal Eddy Merckx’s record haul of 34 wins at the Tour in 2021 and also clinched the green jersey, with the 37-year-old saying he only learned about his non-selection via social media – behaviour branded “disgraceful” on The Bradley Wiggins Show.
In his first big media appearance since missing out on selection, Cavendish dropped in on the Eurosport Cube and revealed his highlights from this year’s race.
“Obviously my team winning the first two stages was good,” he said.
“If you know Yves… I was crying seeing his interview. He’s just such a humble lad. For me, him wearing the yellow jersey is massive. I’m getting emotion now with it! And obviously Fabio winning.”
‘My mind is exploding!’ – Tearful Lampaert on shock time trial win on Stage 1
Cavendish said he had been watching the Tour with his four-year-old son Casper, who prefers Wout van Aert (Jumbo-Visma) and Tadej Pogacar (UAE Team Emirates) to his dad.
“He likes Wout, he likes Tadej. He never says me!” confessed Cavendish.
On Van Aert, he added: “It’s rare to get someone who wins so much and is still likable. It’s a brilliant recipe to have. That’s the thing that’s going to elevate our sport.”
Cavendish is chasing a new contract for 2023 as he looks to extend his career and return to the Tour.
‘He never says me!’ – Cavendish admits his son prefers Van Aert and Pogacar
- - -
Stream the Tour de France live and on-demand on discovery+. You can also watch all the action live on eurosport.co.uk.
Tour de France
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Wiggins: Controversial Lefevere is 'lucky' after early Quick-Step stage wins
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The Best Camper Van Awnings You Can Buy in 2022
Camper vans may be the ultimate outdoor exploration vehicle, offering the amenities one finds in larger motorhomes or camping trailers but with maneuverability closer to that of a passenger car. One drawback is they can get a little tight on the interior. Buying a camper van awning can be a great...
www.gearpatrol.com | https://www.newsbreak.com/news/2659220804383/the-best-camper-van-awnings-you-can-buy-in-2022 | 2022-07-10T14:07:48Z | https://www.newsbreak.com/news/2659220804383/the-best-camper-van-awnings-you-can-buy-in-2022 | true | null |
Casting a female actor in the lead role of "Richard III" is just one twist New York's Shakespeare in the Park has given the classic this summer.
Copyright 2022 NPR
Casting a female actor in the lead role of "Richard III" is just one twist New York's Shakespeare in the Park has given the classic this summer.
Copyright 2022 NPR | https://www.wamc.org/2022-07-10/the-villainous-king-richard-iii-will-be-played-by-a-woman-in-shakespeare-in-the-park | 2022-07-10T14:08:57Z | https://www.wamc.org/2022-07-10/the-villainous-king-richard-iii-will-be-played-by-a-woman-in-shakespeare-in-the-park | true | null |
Vertcoin (VTC) traded 1.6% lower against the dollar during the 24 hour period ending at 9:00 AM Eastern on July 10th. One Vertcoin coin can currently be purchased for approximately $0.14 or 0.00000656 BTC on exchanges. In the last week, Vertcoin has traded up 8.3% against the dollar. Vertcoin has a total market capitalization of $9.02 million and $28,303.00 worth of Vertcoin was traded on exchanges in the last 24 hours.
Here is how other cryptocurrencies have performed in the last 24 hours:
- Zcoin (XZC) traded flat against the dollar and now trades at $4.23 or 0.00022429 BTC.
- MonaCoin (MONA) traded up 1% against the dollar and now trades at $0.51 or 0.00002398 BTC.
- AICHAIN (AIT) traded 1.1% lower against the dollar and now trades at $0.0017 or 0.00000008 BTC.
- CoinZoom (ZOOM) traded flat against the dollar and now trades at $225,092.29 or 0.00000028 BTC.
- Coinversation (CTO) traded down 20.4% against the dollar and now trades at $0.10 or 0.00000271 BTC.
Vertcoin Coin Profile
According to CryptoCompare, “Vertcoin (VTC) is a cryptographic currency, similar to Bitcoin and Litecoin, with one major difference – Vertcoin believes that everyone who has a personal computer should be able to join the Vertcoin network. Vertcoin is a Litecoin Fork, that in turn is a Bitcoin Fork. Vertcoin is also the first cryptocurrency to implement Stealth Addresses, a new technology for providing privacy on the public ledger. The block reward reduction is made every block to retarget difficulty with Kimoto's Gravity Well algorithm. “
Vertcoin Coin Trading
It is usually not possible to purchase alternative cryptocurrencies such as Vertcoin directly using U.S. dollars. Investors seeking to acquire Vertcoin should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as GDAX, Coinbase or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Vertcoin using one of the exchanges listed above.
Receive News & Updates for Vertcoin Daily - Enter your email address below to receive a concise daily summary of the latest news and updates for Vertcoin and related cryptocurrencies with MarketBeat.com's FREE CryptoBeat newsletter. | https://www.wkrb13.com/2022/07/10/vertcoin-hits-market-cap-of-9-02-million-vtc.html | 2022-07-10T14:11:51Z | https://www.wkrb13.com/2022/07/10/vertcoin-hits-market-cap-of-9-02-million-vtc.html | true | 20 |
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The Record Newspaper (Jun 27 1995) New Jersey Devils Stanley Cup Champion 1995 Ice Hockey Full Edition. Commemorative Section, The Cup Stops Here, Scott Stevens
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- Sports: Ice Hockey | https://www.filmfetish.com/ffmkt/the-record-newspaper-jun-27-1995-scott-stevens-new-jersey-devils-stanley-cop-champion-ice-hockey-full-edition-v46/ | 2022-07-10T14:16:31Z | https://www.filmfetish.com/ffmkt/the-record-newspaper-jun-27-1995-scott-stevens-new-jersey-devils-stanley-cop-champion-ice-hockey-full-edition-v46/ | false | null |
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(NEXSTAR) – If you’ve been to a wedding reception, you may have been met with an open bar. You may have even had one at your own wedding. But a different type of open bar is gaining popularity: a weed bar.
“It grows exponentially each year,” said Cat Goldberg, the founder of WeedBar in Los Angeles, when asked about the popularity of weed bars. “People are going to events where they see that people are using cannabis and not drinking alcohol and they’re like, ‘I want this energy at my wedding.”
In its first year, WeedBar received 12 requests. By year two, that number had doubled. Now, five years into the business, Goldberg says they remain busy, but the trend is still catching on. Lizzie Post, co-president and author at the Emily Post Institute, agreed.
“I do think that as cannabis has been legalized that more couples are looking and excited to incorporate it,” she explained to Nexstar.
Nearly 20 states have approved marijuana for recreational use among adults while 10 allow CBD and products low in THC to be available. Recreational use has also been on the rise in recent years among adults in states where weed has been legalized, according to BDSA, a market research firm focused on the legal cannabis market.
Like an open bar, those hoping to partake in the weed bar must be of age and have an ID. Unlike an open bar, Goldberg says a weed bar creates a different vibe during the wedding reception.
“There’s a sense of like, calm and gratitude, and just happiness that is electric throughout the crowd,” she explains. “You just hear people like, just laughing and saying how much they love each other.”
Goldberg says the weddings with weed bars that she’s experienced have “a lot more laughter” and are “quieter” than those with an open bar.
“I think maybe everyone feels even more … included because we have options that are non-psychoactive, we have options that are non-smoking,” Goldberg explains. “It’s not just like this niche experience that’s only for a couple of people who like weed. It’s really for the grandparents and the people from out of town who are curious about [cannabis] and want a safe first experience.”
WeedBar’s offerings including smokeless glass pipes, drinks, edibles, and a rolled flight tasting with “teeny tiny mini joints.” They’re all micro-dosed, according to Goldberg, meaning a small amount of cannabis is included in the product, allowing the user to experience the benefits of it without facing many – if any – side effects.
Even if you don’t opt for a weed bar at your wedding, if your reception will be taking place in a state where weed is legalized, you may want to take into consideration how it’s incorporated into your wedding, Post explains.
This could include creating a designated section away from guests who may want to avoid the smoke. Post adds it’s even more important to ensure any sort of cannabis edible is labeled and away from young children.
She pointed to a Florida wedding that happened in February where guests fell ill due to apparently unlabeled cannabis-laced food. The bride and a catering manager were both charged with tampering, culpable negligence, and delivery of marijuana after the wedding.
“That thing that those folks in Florida did where they didn’t tell people that there was weed in the food, that is horrible, really bad etiquette,” Post said.
Despite its growing popularity, Goldberg understands a weed bar is “not for everyone.”
“It’s not about being a lazy stoner having a bong on your couch and passing out,” she explains. “There’s a way to incorporate the aesthetics of the weed bar into the wedding so that it looks stunning.” | https://www.wkrg.com/national/incorporating-weed-is-a-growing-trend-for-weddings-heres-what-to-know/ | 2022-07-10T14:25:29Z | https://www.wkrg.com/national/incorporating-weed-is-a-growing-trend-for-weddings-heres-what-to-know/ | false | 16 |
Updated July 10, 2022 at 9:28 AM ET
KYIV, Ukraine — At least 15 people were killed when a Russian rocket hit an apartment building in the eastern Ukraine town of Chasiv Yar and more than 20 people may still be trapped in the rubble, officials said Sunday.
The Saturday night rocket assault is the latest in a recent burst of high-casualty attacks on civilian structures. At least 19 people died when a Russian missile hit a shopping mall in the city of Kremenchuk in late June and 21 people were killed when an apartment building and recreation area came under rocket fire in the southern Odesa region this month.
Russia has repeatedly claimed that it is hitting only targets of military value in the war. There was no comment on Chasiv Yar at a Russian Defense Ministry briefing on Sunday.
Pavlo Kyrylenko, governor of the Donetsk region that includes Chasiv Yar, said the town of of about 12,000 was hit by Uragan rockets, which are fired from truck-borne systems.
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The Ukrainian emergency services later said the death toll had risen to 15 and that an estimated two dozen people were under the wreckage. Rescuers made voice contact with at least three people trapped in the rubble, it said.
Chasiv Yar is about 20 kilometers (12 miles) southeast of Kramatorsk, a city that is expected to be a major target of Russian forces as they grind westward.
The Donetsk region is one of two provinces along with Luhansk that make up the Donbas region, where separatist rebels have fought Ukrainian forces since 2014. Last week, Russia captured the city of Lysychansk, the last major stronghold of Ukrainian resistance in Luhansk.
Russian forces are raising "true hell" in the Donbas, despite assessments they were taking an operational pause, Luhansk governor Serhiy Haidai said Saturday.
After the seizure of Lysychansk, some analysts predicted Moscow's troops likely would take some time to rearm and regroup.
But "so far there has been no operational pause announced by the enemy. He is still attacking and shelling our lands with the same intensity as before," Haidai said. He later said the Russian bombardment of Luhansk was suspended because Ukrainian forces had destroyed ammunition depots and barracks used by the Russians.
Copyright 2022 NPR. To see more, visit https://www.npr.org. | https://www.ualrpublicradio.org/npr-news/npr-news/2022-07-10/20-people-may-be-trapped-after-a-rocket-hit-an-apartment-in-ukraine | 2022-07-10T14:29:57Z | https://www.ualrpublicradio.org/npr-news/npr-news/2022-07-10/20-people-may-be-trapped-after-a-rocket-hit-an-apartment-in-ukraine | false | 44 |
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Hell-raisers: The Boys season 3 shakes up prestige TV with superhero debauchery
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this link is to an external site that may or may not meet accessibility guidelines. | https://ew.com/creative-work/the-perfect-man-book/ | 2022-07-10T14:36:51Z | https://ew.com/creative-work/the-perfect-man-book/ | true | 86 |
GOP lawmaker bets against abortion blowback in Biden district
Rep. David Valadao believes his focus on local issues will win his reelection in a blue district. His opponent thinks his strict abortion stance will sink him.
HANFORD, Calif. — Republican Rep. David Valadao is betting that his constituents won’t punish him for his strict stance on abortion rights — in a district that broke hard for Joe Biden.
The House Republican’s grip on his seat, centered in the farmland of California’s Central Valley, could generously be described as tenuous: In 2020, he prevailed by less than a half-percentage point. Two years earlier, Valadao lost by a nearly identical margin.
And while Valadao typically stakes out moderate positions — including voting to impeach Donald Trump — he’s taken a hard line on abortion. The 45-year-old former dairy farmer and devout Catholic has co-sponsored legislation that bans abortions at any stage of pregnancy except when the mother’s health is at risk. And his Democratic challenger, state Assemblymember Rudy Salas, is using abortion to draw a clear contrast between the two.
Democrats contend the controversial overturning of abortion protections in Roe v. Wade last month will provide them a needed edge in midterm races they otherwise seemed likely to lose, while Republicans — Valadao included — assert voters are much more worried about inflation and the economy. If Democrats can’t persuade voters here, it will be an ominous sign for a party battling a tough midterm climate as they try to keep seats in places far more favorable to Republicans.
Seated behind the wheel of his white pickup truck last week, cruising past dairy farms and fields lined with pistachio and almond trees, Valadao said the court ruling had people “fired up on both sides.” But he argued it likely won’t turn out additional voters.
“I don’t see it. I really don’t,” Valadao said. “But the people that are paying attention to stuff in D.C. here are usually people that always vote and already have their sides picked. I don’t know if anyone is really flipping their decision based off of that right now.”
Salas begs to differ. He names abortion access along with health care and infrastructure improvements as the race’s top issues.
“People I’ve talked to door to door are upset,” Salas said in a Thursday interview in central Bakersfield. “So I tell people like, ‘Hey, that’s a big difference’ … there’s a clear line between our two candidacies.”
National Democratic groups — who will find it more difficult to tie Valadao to Trump, as they’re doing to other battleground Republicans — are prepared to hit the GOP lawmaker on abortion before November. Maddy Mundy, a spokesperson for House Democrats’ campaign arm, argued “voters are horrified by David Valadao’s cruel quest to ban abortion.” Torunn Sinclair, a National Republican Campaign Committee spokesperson, argued that Salas is “living in fantasy land if he thinks abortion will be the top issue in November.”
There isn’t clear data detailing how the voters of the district will respond, including the Hispanic community that represents roughly 70 percent of the population and a pivotal voting bloc. Even though Biden carried the district by 13 points, there are signs residents are veering from the party line: Last year, a narrow majority of its voters backed a recall effort against Democratic Gov. Gavin Newsom.
Valadao is facing a tough challenger in Salas, who enjoys high name recognition and his own moderate bona fides. He assumed the California State Assembly seat that Valadao vacated, albeit with redrawn lines, when Valadao first successfully ran for the House in 2012, and already represents a significant portion of the district.
Salas is quick to tout how active he is in the community, from running free tax workshops to “stuff the bus” campaigns that aim to collect donated school supplies to community clean-up events and educational efforts to warn about scams that target older people.
“People always see us around. We’re always visible. We’re always doing something,” Salas said.
Valadao has become a fixture in the district. After a meeting in Hanford, a driver covered in tattoos stopped his vehicle to allow Valadao to cross the street towards his car. “I only did that because you’re David Valadao,” the man shouted jovially through his window before driving off.
The former dairy farmer listed water access, the economy and border security as the top three issues in the race, in that order. He’s betting that his long-favored approach of hyper focusing on local concerns, meeting with small groups and making himself accessible to voters on either side will help him pull through the general election in November. He contends that Salas, in his role as a state legislator in a Democratically controlled state, has hurt the region more than helped it.
“For someone to run from state office to federal, to stand on their victories as if they’re some sort of success that they can brag about ... It’s going to be interesting, especially in a year like now,” Valadao said.
In past years, the GOP lawmaker’s strategy has helped him win in a blue district that the national Republican apparatus might have otherwise abandoned.
Voters and political observers in the area agree that the economy and water concerns — always a huge worry in the consistently dry, agrarian district that is now facing a drought — will dominate the race. That’s reflected in both Salas’ and Valadao’s campaigns, where both highly focus on water access, infrastructure improvements and economical policies.
But how much abortion rights will come into play is up for debate.
Jason Davenport, 44, president of Allied Potato, Inc. in Bakersfield, is an anti-abortion Valadao supporter. But he worried the timing of the Supreme Court ruling would “have an impact on a lot of voters.” Deputy District Attorney Andrew Janz, who has stayed highly involved in Democratic politics in the region since his loss to former Rep. Devin Nunes (R-Calif.) in 2018, said he thinks Salas could pick up votes among Republican women who are pro-abortion rights.
But Tom Holyoke, a professor of political science at Fresno State University and longtime observer of the politics of the area, said it’s unlikely Roe v. Wade would “play much of a role in that district,” instead arguing that water and economic issues like inflation and the price of gas would dominate voters’ minds.
Constituents continually raised those concerns as Valadao took a turn through the district on a stereotypically sunny July day. The GOP lawmaker spent an hour in Corcoran meeting with representatives of JC Meat Co., a beef business that featured marbled red meat cuts behind a glass checkout counter, greeting them with his typical “what can I do for you?” and listening to their concerns about energy costs. He asked the same in a subsequent meeting in Hanford, a 20-minute drive north, to two employees of Kings County Economic Development Corporation, talking to them about the roadblocks young adults face when trying to join the workforce.
Salas has also knocked Valadao on a series of other votes. In addition to his criticisms on the Life at Conception Act, which would grant fetuses the constitutional “right to life” at the moment of conception and has 163 GOP cosponsors, the assemblymember has also hit Valadao for voting against a bill that Democrats said would cap the price of insulin. Only a dozen House Republicans supported the measure, with the GOP arguing that it was not a serious effort to address the problem. Salas has also said Valadao voted against Central Valley water interests when he opposed the bipartisan infrastructure package. Valadao shrugged that off, saying it is hardly raised in conversations around the district.
“It was passed and signed into law. My vote did not impact that,” Valadao said, instead pointing the finger at Biden. “If they’re not getting dollars, it’s not because of the vote. It’s because of a dysfunctional White House and a dysfunctional administration.” | https://www.politico.com/news/2022/07/10/david-valadao-abortion-election-00044719 | 2022-07-10T14:38:27Z | https://www.politico.com/news/2022/07/10/david-valadao-abortion-election-00044719 | true | 2 |
AC Milan Fan Token (ACM) traded up 0.1% against the dollar during the one day period ending at 8:00 AM E.T. on July 10th. AC Milan Fan Token has a total market capitalization of $9.23 million and approximately $4.58 million worth of AC Milan Fan Token was traded on exchanges in the last 24 hours. During the last seven days, AC Milan Fan Token has traded 3.6% higher against the dollar. One AC Milan Fan Token coin can now be purchased for $2.94 or 0.00013785 BTC on major exchanges.
Here’s how similar cryptocurrencies have performed during the last 24 hours:
- Firo (FIRO) traded up 0.3% against the dollar and now trades at $1.51 or 0.00007072 BTC.
- Tracer DAO (TCR) traded 6.3% lower against the dollar and now trades at $0.0360 or 0.00000169 BTC.
- TecraCoin (ERC20) (TCR) traded flat against the dollar and now trades at $18,696,144.09 or 0.00002296 BTC.
- TecraCoin (TCR) traded flat against the dollar and now trades at $0.95 or 0.00001568 BTC.
- Ginga Finance (GIN) traded up 3.1% against the dollar and now trades at $0.0001 or 0.00000000 BTC.
- GINCOIN (Global Interest Rate) (GIN) traded 20.3% higher against the dollar and now trades at $0.0225 or 0.00000050 BTC.
- GINcoin (GIN) traded flat against the dollar and now trades at $0.0722 or 0.00000128 BTC.
AC Milan Fan Token Coin Profile
According to CryptoCompare, “Actinium is a decentralized digital asset that uses blockchain technology to bring cryptocurrency to all customers and stores through safety and easiness of use. The Actinium is mineable through the use of Lyra2z as a PoW algorithm that brings an energy efficient algorithm, keeps GPU cards from overheating, lowers the efficiency-gap between AMD and NVIDIA GPUs. Actinium also offers a mobile wallet and a hardware wallet (Ledger Nano S & Ledger Blue). Built on Litecoin source code, ACM is a medium of exchange within the Actinium network. “
Buying and Selling AC Milan Fan Token
It is usually not presently possible to buy alternative cryptocurrencies such as AC Milan Fan Token directly using US dollars. Investors seeking to acquire AC Milan Fan Token should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, Coinbase or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to buy AC Milan Fan Token using one of the aforementioned exchanges.
Receive News & Updates for AC Milan Fan Token Daily - Enter your email address below to receive a concise daily summary of the latest news and updates for AC Milan Fan Token and related cryptocurrencies with MarketBeat.com's FREE CryptoBeat newsletter. | https://theenterpriseleader.com/2022/07/10/ac-milan-fan-token-acm-market-capitalization-reaches-9-23-million.html | 2022-07-10T14:38:38Z | https://theenterpriseleader.com/2022/07/10/ac-milan-fan-token-acm-market-capitalization-reaches-9-23-million.html | false | 13 |
Greatmark Investment Partners Inc. lifted its stake in Alerian MLP ETF (NYSEARCA:AMLP – Get Rating) by 1.6% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 89,975 shares of the exchange traded fund’s stock after acquiring an additional 1,450 shares during the period. Greatmark Investment Partners Inc. owned 0.05% of Alerian MLP ETF worth $3,446,000 as of its most recent filing with the Securities and Exchange Commission.
Several other large investors also recently modified their holdings of AMLP. Wells Fargo & Company MN lifted its stake in shares of Alerian MLP ETF by 45.4% in the 4th quarter. Wells Fargo & Company MN now owns 5,962,796 shares of the exchange traded fund’s stock worth $195,221,000 after acquiring an additional 1,862,053 shares during the period. Castleview Partners LLC bought a new stake in shares of Alerian MLP ETF in the 4th quarter worth approximately $25,022,000. Maryland State Retirement & Pension System bought a new stake in shares of Alerian MLP ETF in the 4th quarter worth approximately $23,737,000. Naviter Wealth LLC bought a new stake in shares of Alerian MLP ETF in the 4th quarter worth approximately $22,350,000. Finally, Bank of America Corp DE raised its holdings in shares of Alerian MLP ETF by 8.6% in the 4th quarter. Bank of America Corp DE now owns 5,541,951 shares of the exchange traded fund’s stock worth $181,443,000 after purchasing an additional 439,010 shares in the last quarter.
NYSEARCA AMLP opened at $35.02 on Friday. The company’s 50 day simple moving average is $37.59 and its 200 day simple moving average is $37.17. Alerian MLP ETF has a 12 month low of $30.04 and a 12 month high of $42.18.
ALERIAN MLP ETF seeks investment results that correspond (before fees and expenses) to the price and yield performance of its underlying index, the Alerian MLP Infrastructure Index (the Index). The Index is a rules based, modified capitalization weighted, float adjusted index intended to give investors a means of tracking the overall performance of the United States energy infrastructure Master Limited Partnership (MLP) asset class.
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Receive News & Ratings for Alerian MLP ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Alerian MLP ETF and related companies with MarketBeat.com's FREE daily email newsletter. | https://theenterpriseleader.com/2022/07/10/alerian-mlp-etf-nysearcaamlp-shares-bought-by-greatmark-investment-partners-inc.html | 2022-07-10T14:38:58Z | https://theenterpriseleader.com/2022/07/10/alerian-mlp-etf-nysearcaamlp-shares-bought-by-greatmark-investment-partners-inc.html | false | 3 |
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Hell-raisers: The Boys season 3 shakes up prestige TV with superhero debauchery
Hell-raisers:
The Boys
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Just because they're Emmy nominated doesn't mean The Boys are pulling their punches. Here, the team dives into what might be "the most insane season of TV ever filmed."
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Your guide to 2022's biggest tours
Your guide to 2022's biggest tours
From Billie Eilish and Bad Bunny to the Red Hot Chili Peppers and the Weeknd, here are all the artists who can't wait to get on the road again.
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Ready for takeoff! We drank 3 rounds with the hotshot cast of Top Gun: Maverick
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The actors playing the next generation of pilots in the action sequel felt the need for lots of cocktails.
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Steven Strait, 10,000 B.C.
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this link is to an external site that may or may not meet accessibility guidelines. | https://ew.com/creative-work/vantage-point/ | 2022-07-10T14:43:01Z | https://ew.com/creative-work/vantage-point/ | false | 86 |
Kestra Advisory Services LLC raised its stake in Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV – Get Rating) by 1.9% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 162,056 shares of the company’s stock after acquiring an additional 3,019 shares during the quarter. Kestra Advisory Services LLC’s holdings in Schwab U.S. Large-Cap Value ETF were worth $11,569,000 as of its most recent SEC filing.
Several other hedge funds also recently bought and sold shares of SCHV. Stratos Wealth Partners LTD. lifted its holdings in shares of Schwab U.S. Large-Cap Value ETF by 3.3% in the fourth quarter. Stratos Wealth Partners LTD. now owns 12,803 shares of the company’s stock worth $937,000 after acquiring an additional 412 shares during the last quarter. Kovack Advisors Inc. raised its holdings in Schwab U.S. Large-Cap Value ETF by 19.9% in the 4th quarter. Kovack Advisors Inc. now owns 9,118 shares of the company’s stock valued at $668,000 after buying an additional 1,516 shares during the last quarter. CX Institutional raised its holdings in Schwab U.S. Large-Cap Value ETF by 3.2% in the 4th quarter. CX Institutional now owns 244,272 shares of the company’s stock valued at $17,886,000 after buying an additional 7,683 shares during the last quarter. Miracle Mile Advisors LLC raised its holdings in Schwab U.S. Large-Cap Value ETF by 13.7% in the 4th quarter. Miracle Mile Advisors LLC now owns 31,707 shares of the company’s stock valued at $2,322,000 after buying an additional 3,821 shares during the last quarter. Finally, Vista Private Wealth Partners. LLC raised its holdings in Schwab U.S. Large-Cap Value ETF by 8.2% in the 4th quarter. Vista Private Wealth Partners. LLC now owns 183,722 shares of the company’s stock valued at $13,465,000 after buying an additional 13,984 shares during the last quarter.
Shares of NYSEARCA SCHV opened at $63.24 on Friday. The company has a 50 day simple moving average of $65.43 and a 200 day simple moving average of $69.11. Schwab U.S. Large-Cap Value ETF has a 1 year low of $60.51 and a 1 year high of $74.73.
Schwab U.S. Large-Cap Value ETF (the Fund) goal is to track the total return of the Dow Jones U.S. Large-Cap Value Total Stock Market Index (the Index). The Fund’s index includes the large-cap value portion of the Dow Jones U.S. Total Stock Market Index available to investors in the marketplace. The Dow Jones U.S.
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Want to see what other hedge funds are holding SCHV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Schwab U.S. Large-Cap Value ETF (NYSEARCA:SCHV – Get Rating).
Receive News & Ratings for Schwab U.S. Large-Cap Value ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Schwab U.S. Large-Cap Value ETF and related companies with MarketBeat.com's FREE daily email newsletter. | https://www.americanbankingnews.com/2022/07/10/kestra-advisory-services-llc-buys-3019-shares-of-schwab-u-s-large-cap-value-etf-nysearcaschv.html | 2022-07-10T14:45:26Z | https://www.americanbankingnews.com/2022/07/10/kestra-advisory-services-llc-buys-3019-shares-of-schwab-u-s-large-cap-value-etf-nysearcaschv.html | true | 2 |
Birmingham: Delighted to have put up a brilliant display against India on debut, England quick Richard Gleeson feels if he keeps performing he might get a shot at playing the T20 World Cup later this year.
Gleeson dismissed the much-revered trio of India skipper Rohit Sharma, star batter Virat Kohli and wicketkeeper Rishabh Pant with his fifth, seventh an eighth deliveries in the second T20I, which the tourists won by 49 runs.
The 34-year-old finished with impressive figures of 3/15.
“Great to make my debut, but it’s all about winning games of cricket really, at the end of the day. So it’s disappointing to lose, but on a personal note, great start,” Gleeson said at the post-match press conference.
With the T20 World Cup around the corner, Gleeson, who started playing professional cricket at 27, hopes he can make the cut for the marquee event.
“You want to play in the big occasions, don’t you? So, yeah, why not? I’ll just look towards the next game and go from there.
“(England selection) wasn’t anywhere near my radar. It was just to play the highest standard that I could. I just want to keep playing cricket and enjoying it, playing for as long as I can. Who knows? If I keep performing, anything could happen.”
Also Read: Did Hardik Pandya Abuse Rohit Sharma? Virat Kohli Fans Settle Scores Over Viral Video
After putting up a 171-run target, the Indian bowlers, led by Bhuvneshwar Kumar, bowled beautifully to bundle out the hosts for 121 and take an unassailable 2-0 lead in the three-match series.
“I think maybe they (India) were a little bit over-par.
“And then they started well with the ball. So that’s always going to put us on the back foot, and they bowled well. But that can be the way T20 cricket goes at times.
“You play the game hard, so sometimes you come off, sometimes you don’t. It’s just you’ve got to take the rough with the smooth if you’re going to play that way, and I don’t think we’ll be taking a backwards step in the next game.”
The right-armer had suffered a career-threatening stress fracture of the lower back in 2020. Reflecting on the injury, Gleeson said “It wasn’t me contemplating retirement. It’s something that would have been forced upon me.
“(The recovery) was a long, slow process. Unfortunately, because of my age, it takes a little bit longer to heal from things like that. But (playing again) makes it all worthwhile.”
Get all the latest updates on Cricket News, Cricket Photos, Cricket Videos and Cricket Scores here | https://www.news18.com/cricketnext/news/unfortunately-because-of-my-age-it-takes-a-little-bit-longer-to-heal-from-injuries-richard-gleeson-5527399.html | 2022-07-10T14:46:17Z | https://www.news18.com/cricketnext/news/unfortunately-because-of-my-age-it-takes-a-little-bit-longer-to-heal-from-injuries-richard-gleeson-5527399.html | true | 5 |
HIGHLAND PARK, Ill. (AP) — A business district that had been blocked since a July 4 parade mass shooting that left seven people dead reopened Sunday morning in the Chicago suburb of Highland Park.
The 2-block by 3-block area consists largely of small shops and restaurants. It had been blocked off with crime scene tape, barricades and uniformed officers since Monday as the FBI and other law enforcement agencies processed evidence.
The street was generally quiet shortly after police removed the barricades, except for news media vehicles, a few other vehicles and people walking.
“We came out at 5:30 this morning. It was open,” said Dale Miller, 70, who said was walking his dog, Milo, near where the shooting occurred. “This is our first walk of the day.”
He said he did not attend the parade this year but lives about 100 yards (91 meters) away and heard the gunshots, though he didn't realize what they were until his brother called him from Florida in a panic.
“We just have fireworks going off here, that's all,” Miller said he told his brother. “So the fireworks weren't fireworks.”
He got many other calls after word spread about the shooting, including one from his daughter, a teacher in Florida.
“She called me up in tears and said I've lost my safe haven,” Miller said. “Highland Park was always the one place I could go where I was safe and that's taken away.”
The reopening comes two days after funerals started for the seven people who were killed in the shooting. Authorities said the attacker fired more than 80 rounds into the parade crowd with semi-automatic rifle.
Robert E. Crimo III, 21, has been charged with seven counts of first-degree murder. Prosecutors expect to bring more charges representing the more than 30 people were wounded in the attack.
Investigators say Crimo, of neighboring Highwood, legally purchased five weapons and planned the attack for weeks before he climbed onto the roof of a business along the parade route and opened fire.
Authorities say Crimo fled the parade by blending in with the fleeing crowd, then drove to the Madison, Wisconsin, area, where he contemplated a second attack. He returned to the Highland Park area and his car was spotted by police.
Questions remain about whether Crimo should have been able to legally purchase firearms in Illinois. Illinois State Police officials have defended the approval of his gun license in December 2019, months after police received reports that he had made suicidal and violent threats.
Miller expressed hope Highland Park will recover.
“It's a very close-knit city and it's a city that is really hurting right now, but is not even remotely destroyed," he said. | https://www.myjournalcourier.com/news/article/Business-area-opens-for-1st-time-since-July-4-17295454.php | 2022-07-10T14:50:00Z | https://www.myjournalcourier.com/news/article/Business-area-opens-for-1st-time-since-July-4-17295454.php | true | 39 |
ANCHORAGE, Alaska — By noon Saturday, a sea of red, white and blue surrounded the Alaska Airlines Center in Anchorage as conservative Republicans from across the state gathered to see former President Donald Trump speak at his latest “Save America Rally.”
While teasing the raucous audience by refraining from confirming plans to seek a return in January 2025 to the Oval Office he occupied for four years — “because of the great people of Alaska we may have to do it again“ — his appeals late Saturday afternoon were focused on endorsing former Gov. Sarah Palin and Kelly Tshibaka. Palin is on the Aug. 16 special election ballot against fellow Republican Nick Begich and Democrat Mary Petola for the Congressional seat vacated by the death of Rep. Don Young.
Tshibaka is hoping to upset incumbent Lisa Murkowski in the Republican primary for U.S. Senate that same day.
A victory would no doubt embolden Trump as to the power he continues to have within the party, pitting his conservative wing against Murkowski’s more moderate base.
Trump made clear his disdain for Murkowski — who voted to convict the president in his second impeachment trial following the Jan. 6 incursion at the U.S. Capitol. He mentioned her early (45 seconds into) his speech — “You have such a beautiful state, and such a horrible senator“ — and often: Her name came up at least 40 times in the speech by unofficial count.
“She is the biggest RINO in the party and is a complete fraud,” he said, running down a list that included allegations of her voting against ANWAR, for taxpayer-funded late-term abortions, for amnesty for undocumented immigrants, against the border wall, against the Second Amendment gun grab, against Brett Kavanaugh’s nomination to the Supreme Court, and for the formation of the “unselect” Jan. 6 committee.
He also warned the crowd — both the 4,829 fans inside and hundreds watching outside on closed circuit TV — that Murkowski was behind Alaska’s new voting system.
“She knew she couldn’t win a straight-up election, so she went to this ranked-choice crap,” he said. “She could finish in fifth place but win because of that crazy system.”
A Monmouth University poll released Tuesday showed only 12 percent of Americans are happy with the direction the country is going, and that sentiment echoed throughout the arena as the crowd applauded time and time again.
“I got gasoline down to $1.87 per gallon,” Trump boasted. “I gave you the largest middle-class tax cut in American history. … And we had the greatest economy in history of the world before a certain virus from China.”
Even with regard to the pandemic — to which many critics claim his mishandling led to the end of his presidency — Trump brazenly noted that more Americans have died under Biden (620,000) than during his nine months of combatting the epidemic (392,000). Biden has held office for just shy of 18 months.
On the international stage, the former president drew the sharpest contrasts with Joe Biden’s administration with regard to his border control policies and his planned withdrawal from Afghanistan.
“As bad as they were doing on the U.S. border — no country has ever done worse — but when the Afghanistan thing happened [the deaths of 13 U.S. servicemembers at the hand of a suicide bomber and abandonment of 200 to 400 American citizens and $85 billion worth of military equipment],” Trump argued. “I would have withdrawn with strength and dignity, and I would have taken the military out last, not first.”
And, of course, as he has done since election night 20 months ago, he revisited his claims of fraud in the 2020 election. This time, his claim was bolstered by the Wisconsin state Supreme Court’s ruling Friday that unmanned, unsecured drop boxes being placed around the city to collect ballots was illegal.
There has been no evidence of widespread voter fraud.
“These radical Democrat judges and election officials systematically violated the law to rig the 2020 election” he said to roaring applause. “I ran twice; I won twice; I did better the second time than I did the first. But the vote counter is way more important than the candidate,” he concluded on the topic, referencing but not naming former Soviet premier Nikita Khrushchev.
He revisited that topic in his final remarks, calling for voter reform laws, including the exclusive use of paper ballots, Voter ID, banning non-citizens from voting, the end of drop boxes, and an end to ranked-choice voting.
Attendees came from across the state, including Fairbanks resident Bonnie Rounds, who flew down Saturday morning with plans to fulfill a bucket list item and see Trump. She took a flight back home after the rally.
“I am one of We The People,” she said. “I believe in American values, and I feel like the current administration is failing the people.”
She was undeterred by the line stretching more than a mile around the Alaska Airlines Center when she arrived just before noon, hoping she would be among the thousands in line to be admitted.
Others drove to Anchorage, including Arnold and Joan Mason. They left their home on the Kenai Peninsula at 2 a.m., arrived on the University of Alaska at Anchorage campus at 5:30 a.m. and waited in line for six hours.
Having moved here five years ago from upstate New York, Mason thought it was unlikely that the former president would ever make it to Alaska.
“It was important for us to do something,” Arnold Mason said in evaluating both the controversial election of 2020 and the current political climate. “If we don’t fight this time [in November], it’s over.”
And as for Trump as a presidential candidate in 2024: “If he quit because of all the hassle this has caused him, I wouldn’t blame him,” Mason said. “But I hope he doesn’t.” | https://www.newsminer.com/election2022/trump-blasts-murkowski-as-the-worst-rino-during-anchorage-rally/article_99276538-fff4-11ec-99cc-c3abdc52bfba.html | 2022-07-10T14:50:22Z | https://www.newsminer.com/election2022/trump-blasts-murkowski-as-the-worst-rino-during-anchorage-rally/article_99276538-fff4-11ec-99cc-c3abdc52bfba.html | true | 2 |
Dupont Capital Management Corp grew its stake in shares of Public Storage (NYSE:PSA – Get Rating) by 10.9% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 17,727 shares of the real estate investment trust’s stock after purchasing an additional 1,737 shares during the quarter. Dupont Capital Management Corp’s holdings in Public Storage were worth $6,918,000 at the end of the most recent quarter.
Other hedge funds have also recently added to or reduced their stakes in the company. Wedbush Securities Inc. raised its stake in shares of Public Storage by 12.8% during the 4th quarter. Wedbush Securities Inc. now owns 1,021 shares of the real estate investment trust’s stock worth $382,000 after buying an additional 116 shares during the period. Stratos Wealth Partners LTD. raised its position in shares of Public Storage by 5.3% during the 4th quarter. Stratos Wealth Partners LTD. now owns 1,744 shares of the real estate investment trust’s stock worth $653,000 after acquiring an additional 88 shares in the last quarter. Edge Wealth Management LLC raised its position in shares of Public Storage by 1.3% during the 4th quarter. Edge Wealth Management LLC now owns 42,582 shares of the real estate investment trust’s stock worth $15,949,000 after acquiring an additional 540 shares in the last quarter. Spire Wealth Management increased its position in Public Storage by 21.7% during the fourth quarter. Spire Wealth Management now owns 1,317 shares of the real estate investment trust’s stock worth $493,000 after buying an additional 235 shares during the period. Finally, Ritholtz Wealth Management increased its position in Public Storage by 5.6% during the fourth quarter. Ritholtz Wealth Management now owns 1,375 shares of the real estate investment trust’s stock worth $515,000 after buying an additional 73 shares during the period. Hedge funds and other institutional investors own 78.54% of the company’s stock.
Shares of PSA stock opened at $315.83 on Friday. Public Storage has a one year low of $292.32 and a one year high of $421.76. The company’s 50-day moving average is $318.99 and its 200 day moving average is $353.58. The company has a market capitalization of $55.42 billion, a price-to-earnings ratio of 30.69, a price-to-earnings-growth ratio of 2.87 and a beta of 0.31. The company has a debt-to-equity ratio of 1.39, a quick ratio of 2.07 and a current ratio of 2.07.
The business also recently disclosed a quarterly dividend, which was paid on Thursday, June 30th. Stockholders of record on Wednesday, June 15th were given a dividend of $2.00 per share. This represents a $8.00 annualized dividend and a dividend yield of 2.53%. The ex-dividend date of this dividend was Tuesday, June 14th. Public Storage’s payout ratio is currently 77.75%.
A number of analysts recently weighed in on PSA shares. JPMorgan Chase & Co. lifted their price target on Public Storage from $385.00 to $434.00 and gave the company an “overweight” rating in a research note on Monday, April 4th. StockNews.com lowered Public Storage from a “buy” rating to a “hold” rating in a research note on Friday, June 10th. Truist Financial reduced their price target on Public Storage from $425.00 to $385.00 and set a “buy” rating for the company in a report on Wednesday, June 1st. Stifel Nicolaus dropped their price target on Public Storage from $410.00 to $360.00 in a research report on Tuesday, June 21st. Finally, Evercore ISI set a $348.00 price target on Public Storage in a research note on Monday, June 20th. Five analysts have rated the stock with a hold rating, six have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, Public Storage has a consensus rating of “Moderate Buy” and an average price target of $371.82.
Public Storage Profile (Get Rating)
Public Storage, a member of the S&P 500 and FT Global 500, is a REIT that primarily acquires, develops, owns and operates self-storage facilities. At September 30, 2020, we had: (i) interests in 2,504 self-storage facilities located in 38 states with approximately 171 million net rentable square feet in the United States, (ii) an approximate 35% common equity interest in Shurgard Self Storage SA (Euronext Brussels:SHUR) which owned 239 self-storage facilities located in seven Western European nations with approximately 13 million net rentable square feet operated under the Shurgard brand and (iii) an approximate 42% common equity interest in PS Business Parks, Inc (NYSE:PSB) which owned and operated approximately 28 million rentable square feet of commercial space at September 30, 2020.
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Want to see what other hedge funds are holding PSA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Public Storage (NYSE:PSA – Get Rating).
Receive News & Ratings for Public Storage Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Public Storage and related companies with MarketBeat.com's FREE daily email newsletter. | https://theenterpriseleader.com/2022/07/10/dupont-capital-management-corp-boosts-holdings-in-public-storage-nysepsa.html | 2022-07-10T14:51:02Z | https://theenterpriseleader.com/2022/07/10/dupont-capital-management-corp-boosts-holdings-in-public-storage-nysepsa.html | false | 5 |
SRI Lanka's president Gotabaya Rajapaksa has quit after protesters stormed his palace and had pillow fights, pool parties and gym workouts.
Thousands of men, women and children poured into President Rajapaksa's lavish mansion as months of frustration brought on by an unprecedented economic crisis boiled over.
Demonstrators also set fire to the home of Prime Minister Ranil Wickremesinghe in Colombo, prompting both men to dramatically resign.
Protesters have been calling for Rajapaksa - part of a powerful clan which has dominated politics for decades - to quit for months.
Dramatic footage showed swarms of protesters inside and outside his home, chanting and carrying national flags with hundreds dipping in the garden pool for a swim.
People were seen having pillow fights in the bedrooms of the ransacked palace and enjoying a sing-along on the grand piano - with some even making time for a quick workout in the swanky gym.
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In the "Gordon Garden" park of the palace, families enjoyed a picnic lunch as Buddhist monks in saffron robes marvelled at the marble floors and air conditioning.
Monk Sri Sumeda said: "When leaders live in such luxury, they have no idea how the commoners manage.
"This shows what can be done when people decide to exercise their power."
Outside, the building barricades were overturned and a black flag was hoisted on a pole.
Most read in The Scottish Sun
Security staff tried to stop demonstrators but they were overwhelmed when the hoard pushed through fences, ran across the lawns and entered the building.
At least 34 people including two police officers were wounded in scuffles.
At the President's seaside office in a nearby building, protesters also broke down the iron fences and took over the main lobby where they opened a makeshift library on Sunday.
Rajapaksa fled the presidential palace on Saturday using a back entrance under military cover just minutes before tens of thousands of protesters stormed the mansion.
The leader hasn't commented directly but he plans to step down on July 13, the country's parliamentary speaker said.
Heavily armed presidential guards are still at the palace - but they are mingling with the new visitors and even posing for selfies with those now controlling the new corridors of power.
Last month the country's PM announced that Sri Lanka's economy had collapsed and it is bankrupt.
Sri Lanka's crisis has been attributed to a number of reasons including the Covid pandemic, huge tax cuts and massive debts.
The country is battling the worst financial crisis in a generation as its leaders try to negotiate a bailout with the International Monetary Fund.
The economic meltdown has led to severe shortages of essential items, leaving people struggling to buy goods including food and fuel.
And inflation has hit a record high of 54 per cent while the price of food shot up an eye-watering 80 per cent, according to Al Jazeera.
In April, Sri Lanka announced it is suspending repaying foreign loans due to a foreign currency shortage.
Its total foreign debt amounts to $51 billion, $28 billion of which it must repay by the end of 2027.
The political turmoil has led to months of protests with people calling for the President to resign.
US Ambassador to Sri Lanka Julie Chung asked people to protest peacefully and called for the military and police to grant peaceful protesters the space and security to do so.
"Chaos & force will not fix the economy or bring the political stability that Sri Lankans need right now," Chung said in a tweet.
The unrest in Sri Lanka has led the UK government to put the country back on the travel ban list.
TUI has cancelled flights to Sri Lankan airports.
The Foreign Office said in a statement: "The Foreign, Commonwealth & Development Office (FCDO) advises against all but essential travel to Sri Lanka, due to the impact of the current economic crisis." | https://www.thescottishsun.co.uk/news/9136625/sri-lanka-gotabaya-rajapaksa-palace/ | 2022-07-10T14:51:05Z | https://www.thescottishsun.co.uk/news/9136625/sri-lanka-gotabaya-rajapaksa-palace/ | true | 9 |
Away from the limelight and political support for NDA’s candidate Droupadi Murmu or UPA’s Yashwant Sinha, Raju Das, 47, from Panchgram in Hailakhandi district of south Assam, has entered the fray of Presidential polls quietly, just to give “proper representation to his state on the national platform”.
As News18 spoke to Das, he was in a hurry to travel several miles to donate blood for an expecting mother.
“Our representatives to the state assembly and parliament have failed us. They have not been able to raise our issues on the national platform. My wish is that Assam and my hometown Barak Valley should get the attention it deserves. Recently, when Silchar faced the worst floods in the recent history, the political drama of Maharashtra politics was unfolding at a hotel in Guwahati. Ironically, the politics got the upper hand as far as representation on the national platform was concerned. This is sad as there should be parity. I strongly believe the President should level these differences,” says Das.
Das, the arts graduate who owns a pan shop in the industrial township of Panchgram, has high hopes from Murmu.
“Murmu belongs to a tribal-dominated area and Assam has a fair representation of the tea garden community. She would understand the backwardness of our state,” he said.
Das is actively involved in social service and says that his wife and son, who doing his 4th semester graduation, support his work.
“I don’t have the support of the MPs and MLAs, but the nomination requires the candidate to attain the age of 35 and deposit an amount of Rs 15,000. I am independent and have no political affiliation,” he said. “I am happy to just do my bit.”
Read all the Latest News, Breaking News, watch Top Videos and Live TV here. | https://www.news18.com/news/politics/meet-raju-das-the-silent-presidential-candidate-from-assam-who-has-high-hopes-from-murmu-5526403.html | 2022-07-10T14:51:47Z | https://www.news18.com/news/politics/meet-raju-das-the-silent-presidential-candidate-from-assam-who-has-high-hopes-from-murmu-5526403.html | false | 2 |
Highlights
- Surkanda Devi Temple cable car was stuck for 20-25 minutes
- All passengers are safe and came out safely
- The ropeway started functioning smoothly after a brief technical glitch
Surkanda Devi Temple ropeway incident: In another ropeway malfunction incident, Surkanda Devi temple cable-car was halted for 20 to 25 minutes due to a technical fault in the trolley.
No passenger was injured and came out safely and the ropeway is now running smoothly.
No passenger is trapped in the trolley, informed Tehri Garhwal SSP Navneet Bhullar.
ALSO READ | 'Not blasphemous': Himanta Sarma on Assam activist's arrest for playing Lord Shiva
ALSO READ | 'Goddess Kali's blessings are with India': PM Modi's message to TMC after Mahua Moitra's remark | https://www.indiatvnews.com/news/india/surkanda-devi-temple-ropeway-stuck-for-20-minutes-uttarakhand-all-passengers-safe-2022-07-10-791075 | 2022-07-10T14:52:52Z | https://www.indiatvnews.com/news/india/surkanda-devi-temple-ropeway-stuck-for-20-minutes-uttarakhand-all-passengers-safe-2022-07-10-791075 | true | null |
Robeco Institutional Asset Management B.V. reduced its position in MSCI Inc. (NYSE:MSCI – Get Rating) by 17.7% during the first quarter, according to its most recent 13F filing with the SEC. The firm owned 68,430 shares of the technology company’s stock after selling 14,721 shares during the period. Robeco Institutional Asset Management B.V.’s holdings in MSCI were worth $34,411,000 as of its most recent SEC filing.
Other institutional investors have also recently made changes to their positions in the company. Mitchell & Pahl Private Wealth LLC increased its position in shares of MSCI by 19.6% during the fourth quarter. Mitchell & Pahl Private Wealth LLC now owns 847 shares of the technology company’s stock valued at $519,000 after buying an additional 139 shares during the period. CIBC World Markets Inc. increased its position in shares of MSCI by 3.2% during the fourth quarter. CIBC World Markets Inc. now owns 1,727 shares of the technology company’s stock valued at $1,058,000 after buying an additional 53 shares during the period. Assenagon Asset Management S.A. increased its position in shares of MSCI by 82.8% during the first quarter. Assenagon Asset Management S.A. now owns 110,106 shares of the technology company’s stock valued at $55,370,000 after buying an additional 49,866 shares during the period. O Shaughnessy Asset Management LLC grew its holdings in shares of MSCI by 40.2% during the fourth quarter. O Shaughnessy Asset Management LLC now owns 2,077 shares of the technology company’s stock worth $1,273,000 after purchasing an additional 596 shares in the last quarter. Finally, Canada Pension Plan Investment Board grew its holdings in shares of MSCI by 38.6% during the fourth quarter. Canada Pension Plan Investment Board now owns 89,791 shares of the technology company’s stock worth $55,014,000 after purchasing an additional 25,000 shares in the last quarter. Institutional investors and hedge funds own 90.76% of the company’s stock.
Shares of MSCI stock opened at $433.95 on Friday. MSCI Inc. has a fifty-two week low of $376.41 and a fifty-two week high of $679.85. The stock has a 50 day moving average price of $416.19 and a two-hundred day moving average price of $481.72. The company has a market capitalization of $35.27 billion, a P/E ratio of 47.58 and a beta of 1.06.
The business also recently disclosed a quarterly dividend, which was paid on Tuesday, May 31st. Shareholders of record on Friday, May 13th were given a $1.04 dividend. The ex-dividend date of this dividend was Thursday, May 12th. This represents a $4.16 annualized dividend and a yield of 0.96%. MSCI’s payout ratio is currently 45.61%.
Several research analysts have recently commented on MSCI shares. Royal Bank of Canada cut their price objective on MSCI from $600.00 to $520.00 and set an “outperform” rating for the company in a report on Tuesday, June 28th. Redburn Partners began coverage on MSCI in a research note on Tuesday, May 17th. They issued a “buy” rating for the company. Barclays cut their target price on MSCI from $570.00 to $470.00 and set an “overweight” rating for the company in a research note on Friday, June 24th. Deutsche Bank Aktiengesellschaft cut their target price on MSCI from $533.00 to $477.00 in a research note on Wednesday, April 27th. Finally, The Goldman Sachs Group began coverage on MSCI in a research note on Friday, April 1st. They issued a “neutral” rating and a $553.00 target price for the company. Four investment analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $532.86.
MSCI Profile (Get Rating)
MSCI Inc, together with its subsidiaries, provides investment decision support tools for the clients to manage their investment processes worldwide. It operates through four segments: Index, Analytics, ESG and Climate, and All Other – Private Assets. The Index segment provides indexes for use in various areas of the investment process, including indexed product creation, such as ETFs, mutual funds, annuities, futures, options, structured products, over-the-counter derivatives; performance benchmarking; portfolio construction and rebalancing; and asset allocation, as well as licenses GICS and GICS Direct.
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Want to see what other hedge funds are holding MSCI? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for MSCI Inc. (NYSE:MSCI – Get Rating).
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Highlights
- MVA govt led by Thackeray collapsed on June 29, days after his party Shiv Sena faced a rebellion
- Pawar said it's his personal wish that MVA constituents should contest future polls together
- Aurangabad, Osmanabad name change was not part of MVA common minimum programme
Maharashtra Assembly Election 2024: NCP chief Sharad Pawar on Sunday said he feels the three Maha Vikas Aghadi (MVA) allies - Shiv Sena, NCP and Congress - should fight the 2024 Maharashtra Assembly elections together, but a decision on it will be taken only after the issue is discussed with the leaders of his party as well as the alliance partners.
On the decision to rename Aurangabad and Osmanabad districts taken in the last cabinet meeting of the Uddhav Thackeray-led government, Pawar said the issue was not part of the MVA's common minimum programme, and he came to know about the decision only after it was taken.
Pawar, who is on two-day tour of Aurangabad, was speaking to reporters.
Responding to a query whether the MVA parties should fight the next assembly elections in the state together, Pawar said, "It is my personal wish that the MVA constituents should contest the future polls together... But this is my personal opinion. I will first have a discuss the issue with my party leaders and talks can then be held with the alliance partners."
The MVA government led by Thackeray collapsed on June 29, days after his party Shiv Sena faced a rebellion launched by senior leader Eknath Shinde.
On June 30, Shinde took oath as the chief minister, while BJP's Devendra Fadnavis was sworn in as his deputy. Shinde enjoys the support of 40 rebel Sena MLAs.
Taking a dig at the rebel Sena MLAs over the reasons cited by them for their revolt, Pawar said, "The dissident legislators don't give any fixed reason.
Sometimes they talk about Hindutva, sometimes about funds."
Following their revolt, the rebel MLAs have been saying that they went against the Sena leadership as the party was going away from the cause of Hindutva. Some of them also talked about not getting funds for their constituencies.
"All reasons - Hindutva, NCP and lack of development funds - given by the rebel Sena legislators as explanation for their decision holds no meaning," the NCP supremo said.
Pawar claimed that he was absolutely unaware of the decision to rename Aurangabad and Osmanabad as Sambhanjinagar and Dharashiv respectively.
"Renaming these places was not part of the common minimum programme of the MVA. I came to know only after the decision was taken. It was taken without prior consultation. Opinions were expressed by our people during the cabinet meeting over the proposal. But the decision was that of the (then) chief minister (Thackeray)," Pawar said.
Had any decisions about Aurangabad's welfare been taken, people would have been happy, he added.
Talking about the speculation that some Congress MLAs in Goa may cross over to the ruling BJP, the former Union minister asked how can one forget what happened in Karnataka, Madhya Pradesh and in Maharashtra.
"According to me, it took a long time for Goa," he said.
When asked about the delay in the formation of the Shinde-led government's cabinet, he said it could be because of the Supreme Court's hearing scheduled on Monday.
The Supreme Court will hear the plea of Shiv Sena chief whip Sunil Prabhu seeking suspension from assembly of Maharashtra Chief Minister Eknath Shinde and 15 rebel MLAs against whom disqualification pleas are pending.
The vacation bench of the court had on June 27 granted interim relief to the Shinde faction by extending the time for replying to the disqualification notices sent to 16 rebel Sena MLAs till July 12.
But Pawar declined to speculate on the apex court's verdict on the petitions of disqualification of rebel MLAs and the Thackeray-led Sena challenging the floor test.
"I have faith in judiciary. The court will decide tomorrow to whom the Shiv Sena belongs," he said.
He also refused to predict how long the Shinde-led government will last.
"Let's see how the government takes decisions," he said.
Replying to a query about the proposal to appoint twelve members to the Legislative Council pending with Governor Bhagat Singh Koshyari, Pawar said, "The MVA government kept persuading the governor for allowing speaker's election for a year. On the contrary, he took a decision about the new government within 48 hours," he said.
"The governor will now appoint the twelve members. In fact, discussion on it is also taking place," Pawar added.
Responding to a query about Uddhav Thackeray's leadership qualities, Pawar said his ill-health put restrictions on his movement.
"I don't think Uddhav Thackeray will go with the BJP," he said when asked about reports of Milind Narvekar, Thackeray's close aide, meeting Fadnavis.
ALSO READ | Goa Congress crisis: Rumours about MLAs leaving for BJP are all over, can vouch for myself, says Cong lawmaker
ALSO READ | India stands with Sri Lanka, says MEA; highlights US$ 3.8 billion aid to island nation this year | https://www.indiatvnews.com/news/india/maharashtra-assembly-election-2024-mva-should-contest-together-says-sharad-pawar-2022-07-10-791090 | 2022-07-10T14:59:39Z | https://www.indiatvnews.com/news/india/maharashtra-assembly-election-2024-mva-should-contest-together-says-sharad-pawar-2022-07-10-791090 | false | 3 |
Many people have gone through the problem of having their cell phone screen cracked, right? This type of accident is quite common, but it is not always possible to fix it on time, which can raise the question: does using the cell phone with the screen like this damage the device?
That’s what I’m going to talk about today! Take a look at the article below and find out if you can use your cell phone for a while with a cracked screen.
Can you use cell phone with cracked screen?
When the cell phone screen is damaged, often the touch sensitive part (touch screen), it remains working, and this can lead the person to think that it is okay to continue using it, right? But look, that’s not entirely true, okay?
It turns out that the tempered glass part that protects the touch screen is no longer there, or is cracking, this causes dust, water and other external objects to come into contact with the touch-sensitive display and end up slowly damaging your device.
Then, over time, your phone may turn on, but some parts of the screen may no longer recognize the touch, or even the entire screen. Oh! And it can also be harmful to you, okay? Check it out: cracked glass can release shards of glass that cut your hand and also your ear.
Be very careful when using a device with a broken screen, ok? The ideal is always to fix it before using it again. I’ll be back soon with more tips for you!
Did you like this article?
Enter your email address on Canaltech to receive daily updates with the latest news from the world of technology. | https://thegoaspotlight.com/2022/07/10/does-using-a-cell-phone-with-a-cracked-screen-damage-the-device/ | 2022-07-10T15:01:31Z | https://thegoaspotlight.com/2022/07/10/does-using-a-cell-phone-with-a-cracked-screen-damage-the-device/ | true | 1 |
The bill in NC's legislature, called “Equitable Free Vehicle Fuel Stations,” also seeks to force private businesses with free EV chargers to note on their customers’ receipts the percentage of the purchase price that goes to the free charge, Ezra Dyers explains at Car and Driver. Because anyone driving a gas guzzler to a restaurant should know how much of the price of his hamburger finances a few pennies of free electricity to EV drivers!
Maybe establishments ought to do the same with people who drink from water fountains or use the restrooms. Shouldn’t I, an avoider of public restrooms, know how much I’m paying for other people’s toilet flushes when I guy a Big Mac?
Dyers also points out that EV chargers provide many economic benefits: Electricity is generated in the U.S., making us less dependent on countries like Saudi Arabia. If enough people use EVs, instead of internal combustion engines, that would reduce the price of gas and diesel. EVs are also jobs creators.
It's almost as though Republicans are just as hypocritical about their claims of being “pro-business” as they are about being “pro-life.”
But you can’t say the bill does nothing for the economy: “House Bill 1049 would also create a job, for the person who goes around and rips out the free public chargers—until that's done, which would probably be the better part of a week,” Dyers notes. | https://crooksandliars.com/2022/07/nc-bill-seeks-remove-free-ev-chargers | 2022-07-10T15:04:27Z | https://crooksandliars.com/2022/07/nc-bill-seeks-remove-free-ev-chargers | true | 1 |
Published: Published Date - 07:02 PM, Sun - 10 July 22
Hanamkonda: To help the orphan children do well in their studies, Bala Vikasa, one of the leading non-profit organisations in South India, has donated books, bags and other things to 150 children (both the boys and girls from LKG to PG) at a programme organised here on Sunday.
Speaking on the occasion, founder of the Bala Vikasa, Bala Theresa Gingras said that they were spending Rs one crore to help nearly 1600 orphan children in both the Telugu States. “The students must inculcate the habit of logical thinking, questioning besides showing compassion towards others,” she said. Executive Director of the organisation, Shoury Reddy Singareddy stressed on the need to acquire technical knowhow in the ear technology to succeed in their careers and lives.
Director of Sopar-Bala Vikasa, Canada, Shoba Singareddy said that the aim of this programme was to help the orphans settle in high positions in their lives and help others. Jana Vikasa president S Lourdu Marreddy exhorted the children to study well and get a good name for the Bala Vikasa. Programme Manager Latha urged the participants to compete with other children and be in the forefront. Jyothi, Sarala BT and others participated in the programme. | https://telanganatoday.com/150-orphans-get-assistance-by-bala-vikasa-in-hanamkonda | 2022-07-10T15:13:17Z | https://telanganatoday.com/150-orphans-get-assistance-by-bala-vikasa-in-hanamkonda | true | 1 |
Transform the upstream oil and gas industry with the power of advanced technology
The digital capabilities of organizations have evolved at a rapid rate over the last fifteen years. Businesses must keep up with popular trends and technology to remain competitive. The COVID-19 pandemic accelerated digital transformation and technology in general, altering the landscapes across nearly all organizations. Industries like healthcare and hospitality were changed completely and will be forever. That said, other industries that were indirectly impacted by the pandemic were also pushed over the tipping point and sent into technological evolution.
One industry where digital strategies have lagged is upstream oil and gas. Many companies have been hesitant to implement the latest wave of digital transformation and have fallen behind in comparison to other industries. Decision-makers now face a digital deluge as solutions and platforms continuously flood into the landscape. Just a few of the technologies include:
- Artificial Intelligence (AI) and Machine Learning (ML)
- Quantum Computing
- Predictive Analytics
- Internet of Things
With so many options, many executives have found it difficult to decide what technologies to invest in. They must ask themselves what technology will best serve an organization’s growth target? A great place to start is with data. Cisco estimates that the average oil platform generates up to 2TB of data every day, leaving engineers and operators with mountains of data to manage. The issue is that E&P companies usually do not have the communications, storage, and analytical capabilities to make this data useful. Engineers and operators are faced with months of meticulous analytical work just to extract value from the vast ocean of data. To make this information actionable in real-time, organizations will need the support of a unified data model. A Unified Data Model uses AI and ML technology to connect and cleanse all that data to create a unified view of key business metrics and standardized analytics for all users.
AI/ML in oil and gas
The potential for AI/ML in upstream oil and gas is massive. E&P companies can help unlock the full potential of wells and rigs by integrating AI/ML capabilities into their operations. With processes powered by AI/ML, operators and engineers can work with full flexibility while increasing productivity.
Many organizations across multiple industries have implemented some form of AI/ML, with a McKinsey survey reporting that 56 percent of respondents have implemented AI adoption in at least one function. With a jump from 50 percent in 2020, it’s clear that digital transformation and the rate of implementation of AI/ML will only increase. E&P companies must be prepared to jump on the trend or risk falling behind. With benefits ranging from optimized well selection to predictive analytics, the power of AI/ML cannot be ignored in oil and gas.
The predictive power of AI/ML
Analytics powered by AI/ML has enabled greater predictive capabilities than most physical models. The demand for more drilling is ever-growing as surging gas prices and embargoes on Russian energy have left Americans paying an arm and a leg to fill their gas tanks. More drilling will inevitably lead to more oil rigs in the field, which in turn leads to more maintenance and potential downtime. With wear and tear being unavoidable, executives who take steps to implement predictive maintenance will have a key advantage in reducing operational costs. With time, the technology will continue to grow and become easier to use while its ability to process vast arrays of data improves.
Exploration powered by tech
By implementing a unified data model, E&P companies can automate their exploration efforts to improve new well placements and better identify workover candidates. Companies can develop and implement automated processes for evaluation that can quickly help inform what wells will yield the highest estimated production. Instead of a manual selection process that can take months on end, E&P companies need to invest in digital capabilities powered by AI/ML that automate processes to best identify new well candidates. Operators can reduce project time as well as increase CAPEX efficiency by automating processes with the power of AI/ML.
Digital transformation and the use of AI does not just support exploration, it can also help revitalize old and abandoned wells. Just like in exploration, digital tools help revive brownfields by standardizing and automating the workover candidate selection process. Every year, tens of thousands of wells are left shut in waiting for abandonment or revitalization. Machine learning capabilities runs through hundreds of brownfields to best identify a list of candidates for revitalization that will improve CAPEX and reduce risk. Not only can AI/ML support new ventures, but it can also identify the best wells to reactivate, saving time and money.
In the end, digital transformation in oil and gas is more of a transformation problem than it is a digital one. Many executives are hesitant to invest heavily in digital transformation but continue to be hampered by the cost of poor quality. To improve processes and workflows, they must turn to solutions like AI and ML to transform their operations. Deriving value from the heaps of data collected by E&P companies will be a crucial step in any company’s digital transformation. Any organization’s digital journey will be defined by their level of investment and commitment to overhauling workflows and streamlining processes.
Photo Credit: ded pixto/Shutterstock
Peter Bernard serves as Chairman and CEO at Houston-based Datagration. He is a multi-decade veteran of the oil and gas industry, having served in various executive roles prior to joining Datagration in 2020. Peter earned his BS in petroleum engineering from the University of Louisiana at Lafayette. Datagration provides the world's Oil and Gas companies with the tools they need to integrate and model data into meaningful insights and decisions daily. | https://betanews.com/2022/07/10/upstream-oil-and-gas-transformation/ | 2022-07-10T15:18:49Z | https://betanews.com/2022/07/10/upstream-oil-and-gas-transformation/ | true | 1 |
Niacinamide and hemp are essential ingredients to include when creating your skincare routine.
They both have slightly different benefits, but ultimately they both work to improve the skin barrier – which acids and other potent actives can wreak havoc on.
Hey Bud skincare has a range of new products with these ingredients to boost your skin health.
The brand’s 10% Niacinamide + Hemp Serum is a particular stand out, as it works to control excess sebum levels, has antioxidants to protect against free radical damage, and is anti-inflammatory.
Other hemp products in the line to look out for include the 5% Hyaluronic Acid + Hemp Serum, which will be better for those in need of greater skin moisture.
Moisturisers available also contain hemp, as well as aloe vera for the ultimate skin soother.
What is hemp oil?
Hemp seed oil comes from the seeds of the hemp plant.
Some people confuse it with CBD, but they’re separate things – hemp doesn’t have any CBD or cannabinoids at all, even though it all comes from the same plant.
It’s known for being non-comedogenic (non-pore blocking), anti-inflammatory and moisturising.
This often makes it a great choice for those with sensitive skin.
With this being the star ingredient in Hey Bud’s line, sun-damaged skin at this time of year might benefit from a cream that’s all about putting moisture back into the skin while calmly inflammation.
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This article contains affiliate links. We will earn a small commission on purchases made through one of these links but this never influences our experts’ opinions. Products are tested and reviewed independently of commercial initiatives.
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MORE : How to keep your summer tan from fading, according to a skincare expert | https://metro.co.uk/2022/07/10/the-hemp-based-beauty-products-you-should-add-to-your-skincare-routine-16973602/ | 2022-07-10T15:20:00Z | https://metro.co.uk/2022/07/10/the-hemp-based-beauty-products-you-should-add-to-your-skincare-routine-16973602/ | false | 1 |
(The Hill) – Moral outrage can be a healthy part of the American Democratic process, motivating people to advocate for their beliefs and hold leaders accountable. The founding of the country, after all, is rooted in rebellion and a list of grievances outlined in the Declaration of Independence.
But top leaders are expressing worries about the dark side of outrage politics, and how it is incentivized through structural factors in the media and in the political system.
In an Independence Day op-ed in The Atlantic, Sen. Mitt Romney (R-Utah) lamented that “carefully constructed, prejudice-confirming arguments from the usual gang of sophists, grifters, and truth-deniers” have led to America being in “denial” of serious threats.
“The phenomenon is basically the same on both sides. There’s always a wing that will never be happy, where you can never be liberal enough for them, or progressive enough for them. And on the right, never be right-wing enough for them,” Rep. Dan Crenshaw (R-Texas) said in an interview.
“They engage in grievance politics more than anything else. They self-victimize in very mysterious ways. And they use that self-victimization as a weapon to wield,” Crenshaw said.
To some, recent confrontations motivated by political outrage have gone too far.
Rep. Adam Kinzinger (R-Ill.), one of two Republicans on the House Jan. 6 Select Committee, has shared threatening letters and voicemails he’s received. Protesters gathered outside the homes of Supreme Court justices to protest the overturning of Roe v. Wade, and then outside a D.C. steakhouse as conservative Justice Brett Kavanaugh dined, prompting condemnation from the restaurant.
Humans may be wired to be attracted to outrage.
Mark Lenkner, a librarian and assistant professor at the University of Nevada-Las Vegas who has written about political outrage, pointed to the philosopher Robert Solomon describing anger as being an energizing experience.
“In the case of politics, and moral issues, it gets tinged and heightened with moral expectations. So not only do I move from being a victim to being the accuser, but it’s more like I moved from being the victim to being the judge of your actions, and there’s more power in that,” Lenker said.
Other systems then build on capitalizing on moral outrage.
Jeff Berry, a professor of political science at Tufts University and co-author of “The Outrage Industry: Political Opinion Media and the New Incivility,” said that technological and market changes have increased political outrage in the media.
Americans used to listen to the radio for music, but the advent of CDs and digital music prompted a shift toward talk radio and the creation of conservative talk radio giants like Rush Limbaugh and Mark Levin.
Before the advent of cable and satellite television, networks would need to partner with hundreds of local affiliates across the country to get a national audience, incentivizing them to appeal to the widest audience possible. A cable network, on the other hand, does not have that structural hurdle and can be profitable by appealing to a smaller audience.
“Outrage is a business and it’s feeding a product. It’s supplying a product to people who want to be angry, and want to be even more angry about politics,” Berry said.
The advancement of social media since his book’s 2014 publication has further increased political outrage, Berry said.
Major technology platforms have taken steps in recent years to try to combat the spread of false information on their platforms. But according to a Yale University study released last year, incentives like “likes” and “shares” on social media amplified expressions of outrage over time.
“The mere existence of social media – it makes very fringe ideas seem much more mainstream than they really are,” Crenshaw said.
Crenshaw noted that political fundraising also incentivizes weaponizing outrage, which targets the most passionate individuals who are likely to donate.
Republicans regularly paint opponents as “RINOs” – Republicans In Name Only – when campaigning and fundraising.
Missouri GOP Senate candidate Eric Greitens garnered criticism after he released a video last month encouraging supporters to order a “RINO hunting permit,” and showed him breaking into a house with a firearm.
Democrats capitalize on outrage for fundraising purposes, too.
Marcus Flowers, the Democratic nominee in the race against Rep. Marjorie Taylor Greene (R-Ga.) is not expected to win the solely Republican 14th Congressional district in Georgia. But by targeting those outraged by Greene’s comments and promising to counter her, he is raking in small-dollar donations.
Flowers raised $8.2 million as of Mar. 31 – the most of any non-incumbent candidate and the eleventh-highest amount of all House candidates, Federal Election Commission data shows. More than $2.6 million of that has gone to the consulting firm Blue Chip Strategies.
Beyond fundraising, the dominance of America’s two-party system and the primary system, with gerrymandering creating more polarized districts, also incentivizes outrage.
“Grifting” candidates, Crenshaw said, “will do whatever their 24-year-old consultant tells them to do if they think it’ll get them that key 10,000 votes out of the district of 750,000 that can deliver them a primary, because normal people just don’t get out and vote anymore.”
“There’s an obvious problem with the redder a district gets, the bluer district gets, when the only people that representatives have to talk to are primary voters – now you’re obviously going to get that kind of populist pandering,” Crenshaw said.
Berry cautioned against equivocating outrage with ideology, but acknowledged the impact of primary voters.
“Every politician is a bit of a marketing scientist. And they’re very aware of what their base wants,” Berry said. “So, there’s a real structural element in terms of American party politics, that contributes to the success of outrage, and that is the party primary.”
Those that can identify factors that foster outrage in politics, though, have few suggestions for remedies.
“My message to voters always is stop falling for it,” Crenshaw said. “These people are here to lie to you, and get more sides to lose whatever side you’re on, they want you to lose, because that’s how they get their clicks. That’s how they get their engagement and that’s ultimately how they make money.”
It can be difficult to strike the right balance on outrage, Berry said.
“We want to live in a society where there’s protest, and we want to live in a society where people have the right to use outrage. What we would like to do, though, is live in a society where there are some boundaries and some norms of civility. So even if you’re animated and passionate and angry, you still don’t do things that are disruptive to the whole system, in politics in general,” Berry said. | https://www.informnny.com/news/why-outrage-politics-has-such-a-grip-on-american-life/ | 2022-07-10T15:20:10Z | https://www.informnny.com/news/why-outrage-politics-has-such-a-grip-on-american-life/ | true | 15 |
Sharing its name with a bird believed to be capable of being reborn from the ashes of its death, the Durban suburb of Phoenix is far from birthing itself into a peaceful place where communities of various races live harmoniously.
The suburb, situated north from Durban, still bears a tense underlying atmosphere with mistrust at its centre as the communities are still reeling from the racially-fuelled attacks that engulfed it a year ago.
At least 36 people were killed in Phoenix, when the July riots and looting spread across KwaZulu-Natal.
Residents living in Phoenix, like other areas, took a stand to protect their homes and businesses from the looting.
However, the situation in Phoenix took a turn for the worst when protecting livelihoods and properties were no longer the cause for their actions.
It turned into a racial affair when people of Indian descent living in Phoenix allegedly started killing black people living in and around the area.
Many of those killed were innocent victims caught in the racial rage.
Phoenix residents put up barricades to protect their homes and businesses from the looting; however these community-guarded make-shift barricades were used as a tool to fuel racial tension between the communities.
It was alleged that these blockades, put up by those among the Indian community, were then used to block African people from entering and moving within the community. This led to clashes between the Indian and African communities, with allegations that some Indian folk went on the hunt to track down and kill black people.
More than 2435 cases relating to criminal activity in the civil unrest last year are on the court roll, with convictions obtained in at least 50 cases.
In Phoenix, 164 cases were investigated, 120 are still under investigation, with 69 suspects arrested for various crimes.
Thirty-six of these suspects were arrested for their alleged roles in the murder of 35 people, while 31 people have been arrested for attempted murder.
This is according to Defence Minister Thandi Modise, speaking at a briefing by the justice, crime prevention and security cluster (JCPS) on Friday on prosecutions after the riots and looting in KwaZulu-Natal and Gauteng.
While the physical barricades have been brought down, peace-building initiatives between the Indian and African communities in and around Phoenix are slow.
Last month, the KwaZulu-Natal provincial government launched a programme to carry out social cohesion programmes among the Indian and African communities.
KZN Education MEC Kwazi Mshengu led the official launch in Inanda, north of Durban.
Local pastor Devon Moodley, who has been at the forefront of peace initiatives between Indians and Africans in the area, said the social cohesion project was a work in progress and rebuilding trust between the communities will take years.
“Over the years, Indian and black communities had lived side by side enjoying a peaceful co-existence. The July unrest destroyed a lot of work that had been done. But we’re hopeful that eventually communities will find each other again for the sake of peace and future generations,” he said.
At that time, Bhambayi resident Chris Biyela was the convener of the peace committee that Minister of Police Bheki Cele set up to investigate and quell violence in Phoenix and the surrounding areas.
The committee was made up of residents from Bhambayi, Phoenix, Zwelisha and Amaoti, who had a mandate from their communities to push for justice and see all those responsible for the murders jailed.
At the Human Rights Commission hearings, Biyela testified about his experience of the unrest on July 12, when he was allegedly slapped, insulted and removed from his car by a group of Indian men.
He said he was on his way to his home in Bhambayi, a township that surrounds the Phoenix area.
When he was asked if he felt it was possible that reconciliation programmes would work for black and Indian communities in Phoenix, Biyela said it would only work if Indians acknowledged their racism.
“We are still grieving and feeling the pain of what we went through. The community of Phoenix has not yet shown their remorse for what they have done, slaughtering black people.
“What we see is arrogance and pride,” he said.
Another activist Zinzi Nyuswa, who was also a member of the peace committee, said the peace initiatives were “only for show”. She said social cohesion was being shoved down their throats through cut-and-paste solutions.
Nyuswa said the people of Bhambayi were still living in fear and trauma after their family members were gruesomely killed.
One such family was that of Delani Khumalo, an internationally acclaimed choreographer, who was killed in Phoenix during the July unrest.
His sister, Sizo Khumalo said their family were still heartbroken by her brother’s horrific death as “he was our last hope in the family and the killers just took him away”.
Khumalo said she still struggled to fathom why her brother and cousin were killed in such a heinous manner when they were attacked and their bodies burnt.
She said their family was still waiting for justice to be served as there had been no arrests made related to her brothers’ murder.
Marvin Govender of the Phoenix Residents Association said they stood with the victims’ families and wanted the perpetrators to be brought to book.
“We want to reconcile and move forward to build our country.
“The families who have been grieving for a year now want closure and we also join them in the call to have these criminal cases given priority. It seems as if the wheels of justice are turning very slowly,” Govender said.
On the peace-building initiatives, Govender said they were “taking it one step and one building block at a time”.
“These communities have been living together for years and they do not live independent of each other. We need to ensure these peace-building efforts continue and each community is not pitted against each other,” he said.
Govender also called on law enforcement to ensure that those who poorly posted and commented on social media also be brought to book for fanning the flames of racial divide.
Current Affairs | https://www.iol.co.za/news/july-unrest-phoenix-crimes-remain-an-open-wound-for-communities-f08b3a2a-2446-4253-b408-5db05addfda4 | 2022-07-10T15:38:13Z | https://www.iol.co.za/news/july-unrest-phoenix-crimes-remain-an-open-wound-for-communities-f08b3a2a-2446-4253-b408-5db05addfda4 | false | 1 |
Two persons are feared dead after the car they were traveling in fell into a rivulet near the Manjeshwar-Puttur-Subrahmanya state highway in Karnataka’s Dakshina Kannada district in the wee hours of Sunday.
The two persons have been identified as Dhanush (26) and his brother-in-law, whose name is also Dhanush (21). Both the persons are from Dakshina Kannada district. According to police sources, 26-year-old Dhanush was driving the car and the accident came to light only after the footage from a CCTV installed near a mosque was inspected.
A search operation was carried out by the local police, fire and emergency service personnel along with four divers from Savanoor. After several hours, the team managed to retrieve the car but the two persons in the vehicle were missing. It is suspected that the duo may have been swept away downstream. The search operations are continuing, the sources added.
Meanwhile, a landslide was reported at the fourth curve of Agumbe ghat following incessant rainfall in the past few days. The road that connects Shivamoga and Hebri was affected following the landslide. Commuters were asked to use alternative roads. No casualties, however, were reported.
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With water levels increasing in Belagavi district as well, the police have banned tourists from venturing near the river. Water sport activities in Dandeli have been banned following the rainfall.
- The Indian Express website has been rated GREEN for its credibility and trustworthiness by Newsguard, a global service that rates news sources for their journalistic standards. | https://indianexpress.com/article/cities/bangalore/karnataka-car-washed-dakshina-kannada-2-dead-8021238/ | 2022-07-10T15:51:34Z | https://indianexpress.com/article/cities/bangalore/karnataka-car-washed-dakshina-kannada-2-dead-8021238/ | false | 1 |
This is another instalment of "The Little Book" series, which is made up of 15 other topics on the financial world and investing. The Little Book That Builds Wealth: The Knockout Formula for Finding Great Investments focuses on one core topic - how to determine whether a company has a competitive advantage, or an economic moat. Pat Dorsey, CFA was previously Director of Equity Research at Morningstar who is closely associated with the term "economic moat" though admits that he stole it from Warren Buffett. Given that his investing philosophy on this subject is built upon by decades of research, and by looking at Dorsey Asset Management's 13F holdings, it can be understood why this term is closely associated with him. He currently runs a Registered Investment Advisory firm whose investment strategy is based on a long-only concentrated portfolio of companies which exhibit a strong competitive advantage.
As Q1 2021 has come to pass, we have witnessed a couple of bubbles rise and somewhat subside which are those of the meme stocks and SPACs. Taking a more long-term fundamental-oriented approach may seem pedestrian and outdated, even. Right from the first chapter, it is evident that this book focuses on that latter sustainable investing approach. Before the types of moats are described, the case for companies with moats is made. As moats were originally created to protect castles from invaders, so too do economic moats help protect companies from competitors. Why should moats matter to investors? They instil discipline as hot stocks lacking a competitive advantage are less likely to be chosen, and protect the downside as firms with moats are more resilient and less likely to lead to permanent loss of capital. Dorsey sees Return on Invested Capital (ROIC) as the best way to judge profitability and finds that companies with an economic moat see a more gradual decline in ROIC compared to no moat.
Moats can be mistaken, and a few short examples are provided in the book to illustrate this, but the most common "mistaken moats" are great products, managerial brilliance, strong execution, a large market share. Moats are structural and sustainable, however, and there are only four sources of competitive advantage which are intangible assets, high switching costs, network effects, cost advantages.
The first moat he focuses on is that of intangible assets, which are the common categories that spring to mind such as patents, brands, and regulatory licences. Throughout the book, he addresses some common misconceptions with regards to economic moats in general, and also mistakes investors make when analysing any one of the categories. This helps guide readers not only to what a moat is but also what it is not and what to steer away from despite some seemingly positive characteristics.
The next moat is switching costs which can be tough to identify without a deep understanding of the customer experience, the cost (read: pain) to switching and benefit (not always monetary) to doing so. This type of equity research is one that goes beyond numbers and requires analysts to put themselves in the customer's shoes. We have all experienced this in one way or another when switching bank accounts, or rather the reluctance to doing so despite some pain points, or changing software providers across an organisation which require not only implementation time but an exit phase out of the existing vendor.
The network effect put simply is where the value of the product or service of a business increases with the number of users. The network has a critical mass, after which point the connections between nodes increase in a non-linear fashion, and for a business user growth drives user growth.
The final economic moat is that of cost advantages, especially in industries where the price is a key criterion in the decision-making process. There are four sources of cost advantages which are: cheaper processes, better locations, unique assets, and greater scale for which he devotes a whole chapter to this final point as it requires a bit more of an explanation and understanding.
A lot has been written, in fact, the majority of books, have been dedicated to identifying what and when to buy but there is a lack of thought leadership with regards to knowing when to sell. This is among the hardest, if not the hardest part of investing, for which Dorsey dedicates a chapter to. He gives an example of his own experience with a stock and provides a framework for investors to decide if they should part ways with an investment.
It can be argued that moats may restrict the investment universe, especially among fast-growing SaaS and technology companies. Trying to identify network effects for example in an industry disruptor which has only recently gone public is an unlikely outcome which may eliminate an investment but consequently lead to investors missing out on high returns. While that may be true, this type of investment criteria may provide a framework to remain disciplined in the quality of companies which are allowed in the portfolio. Furthermore, it does not necessarily exclude high-growth stocks but rather acts as a hurdle which must be cleared and may provide a more robust thesis with potentially reduced downside versus a competitor (incumbent or nascent) which lacks one or a combination of the sources of competitive advantages.
While The Little Book That Builds Wealth is now slightly over a decade old, the lessons taught remain relevant during the volatile times such as those faced on a global scale today. These four sources of moat are timeless and provide a strong framework upon which to measure companies against.
This article was written by
Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article. | https://seekingalpha.com/article/4456540-book-review-the-little-book-that-builds-wealth?source=feed_all_articles | 2022-07-10T15:52:26Z | https://seekingalpha.com/article/4456540-book-review-the-little-book-that-builds-wealth?source=feed_all_articles | false | 1 |
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