FTSE 100 slumps after coronavirus rules tightened

first_img“These very measures are threatening to overwhelm central banks’ efforts to cushion the economic fallout from coronavirus, increasing the prospect of a deep global recession.” FTSE 100 slumps despite massive Fed intervention Businesses around the country are struggling to cope with the coronavirus outbreak (AFP via Getty Images) Also Read: FTSE 100 slumps despite massive Fed intervention whatsapp In Italy, the government shut down all but essential businesses to shut down. Coronavirus has now killed more than 5,000 in Italy. Globally the virus has infected more than 330,000 people and killed more than 14,500. The Federal Reserve threw the kitchen sink at the problem caused by the coronavirus outbreak today and although the markets initially welcomed the news, the gains have since evaporated,” said Fawad Razaqzada, independent market analyst at Tradingcandles.com. Shares in retail group Associated British Foods fell 7.5 per cent to 1,627p after it said Primark was closing all of its stores around the world in a move that is likely to cost roughly £650m worth of net sales per month. FTSE 100 and global stocks tumbled today despite a massive intervention by the US Federal Reserve to try and stabilise coronavirus-ravaged markets. The Fed said today it will buy bonds “in the amounts needed to support smooth market functioning and effective transmission of monetary policy”. The central bank’s intervention came as the US Senate remained gridlocked over a stimulus package that could be worth almost $2 trillion. Senate Democrats blocked the Republican-designed package, saying it did not do enough for workers or hospitals. The slide in stocks came despite a pledge by the US Federal Reserve to buy a potentially unlimited amount of government debt and ramp up lending support to businesses in its latest massive intervention in an economy ravaged by coronavirus. Johnson then threatened an Italian-style lockdown if Britons flout advice to stay indoors wherever possible to stop the spread of coronavirus. Such measures would cause consumer demand to plummet. Shares fell across the board in the UK as companies issued profit warnings and slashed dividends. Traders bought government bonds as they continued to sell shares. The yield on the US 10-year Treasury fell 0.19 percentage points to 0.748 per cent. Yields move inversely to price. Monday 23 March 2020 6:01 pm Stock markets have fallen “as countries across the globe adopt increasingly stricter measures to stop the spread of coronavirus,” said Fiona Cincotta, analyst at City Index. “Market participants are preparing for the worst-case scenario and clearly speculate that there will be a massive slowdown in the global economy and a spike in unemployment,” he added. Harry Robertson Businesses around the country are struggling to cope with the coronavirus outbreak (AFP via Getty Images) More From Our Partners Police Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgcenter_img Britain’s blue-chip stock index closed nearly 3.8 per down at 4,993 points. The pan-European Stoxx 600 closed down 4.3 per cent, Germany’s Dax closed down 2.1 per cent and France’s CAC 40 ended the day down 3.3 per cent. The pound fell once per cent against the dollar to $1.152 in a sign of demand for the greenback, which is seen as a safe asset at times of serious economic stress. by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeBleacherBreaker4 Sisters Take The Same Picture For 40 Years. 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Businesses around the country are struggling to cope with the coronavirus outbreak (AFP via Getty Images) Also Read: FTSE 100 slumps despite massive Fed intervention However, the fall in bond yields was small compared to the fall in equities, suggesting investors are exiting their positions in favour of holding cash, particularly the dollar. “Aggressive efforts must be taken across the public and private sectors to limit the losses to jobs and incomes and to promote a swift recovery once the disruptions abate,” the Fed said in a statement today. The Fed’s intervention initially calmed markets, but those gains have now mostly been lost. Fashion retailer Ted Baker closed down 7.6 per cent at 160p after saying it will shut shops and outlets that accounted for about 38 per cent of its global sales in 2020. Businesses around the country are struggling to cope with the coronavirus outbreak (AFP via Getty Images) Also Read: FTSE 100 slumps despite massive Fed intervention Fed announces ‘aggressive efforts’ In the US, the S&P 500 was down 2.9 per cent, the Dow fell 2.9 per cent and the Nasdaq Composite fell 1.1 per cent. It had previously committed to buying at least $500bn (£434bn) of government bonds and $200bn of mortgage-backed securities. The Fed’s latest statement paves the way for potentially a big expansion of its quantitative easing (QE) programme, under which it creates digital money to buy bonds.last_img read more

The McDonald family are through to the final of Ireland’s Fittest Family

first_img Facebook Facebook Two people from each family went head to head in ‘Swamp Trek’, then the Devil’s Mud Run pushed the families even further.In ‘Swamp Trek’ two members of each family needed to dash to the cliffhanger walls, then trek through 100 metres of bog under a net, next it’s a 110 metres dash to a slide into the water to swim to the platform.Sixty-two year old Martin and son Cian were selected from the McDonald family and what competitors they were.Martin and Cian gave a terrific and heartwarming display. They lead from the start – and when things got tough in the water, with Martin not being able to swim – his son Cian helped him along the way.They finished first in the ‘Swamp Trek’.In the next challenge, the time trail, all four family members competed. They climbed up cargo nets, over monkey bars, balanced on beams, waded through the bog and carried a log to the finish line.They came second to come on top of the leader board and go through to the final.At the beginning of the competition, Wexford hurling manager Davy Fitzgerald picked the McDonalds as one of his three familes to mentor. along with the Lipinskis from Tipperary and the Pierse family from Kerry.The three families under the Wexford hurling manager’s guidance went up against each other for a place in the quarter-finals.The McDonalds saw off the Lipinskis for a coveted quarter-final place.Dublin Port hosted the quarter-finals which saw the McDonalds go up against the Coneys from Tyrone, the Lallys from Dublin, and the Sinnotts from Wexford.There, Martin – recorded the then all-time highest score in the ‘Hanging Tough’ challenge – where he used his upper body strength to hold onto a bar six metres, or 20 feet, above the Irish Sea for an incredible 5.50 minutes.They finished second in the quarter-finals which earned them their semi-final place tonight.The McDonalds are well known in athletics circles in Laois. Dad Martin is in his 60s and is an international mountain runner and farmer.All three of his children are heavily involved in the sport too with Breda, who is a teacher in Heywood, and Kate, competing regularly for Ballyroan, Abbeyleix and District AC.Cian is the youngest member of the team and is in secondary school in Heywood CS.He has represented Ireland at international level mountain running.The McDonalds will be hoping to follow in the footsteps of, or maybe even go one better than, the Mulhare family who competed in this a few years ago.The Mulhare family from Portlaoise appeared in the second series of the competition.Coached by former Olympian Derval O’Rourke, the international long distance runners also made it as far as the final and were pipped at the finish line by the Kingstons of Cork.SEE ALSO – Moment in Time: Christmas lights being switched on over the years and across the county Twitter WhatsApp Pinterest By Siun Lennon – 9th December 2018 After amazing displays of determination and tenacity on tonight’s show, the McDonald family from Ballyroan are now through to the final of the hugely popular Ireland’s Fittest Family.They are also the only team with two female members through to the final.This week, Davy Fitzgerald’s McDonald family went up against the Lallys of Dublin and in Finnegan-Hogans from Cork in ‘Hell and Back’. Charlie Flanagan on Electric Picnic: ‘I’d ask organisers to consult with community leaders’ Twitter Community Previous articleAll the results from this weekend’s soccer actionNext articleA Cup semi-final and mixed fortunes in back to back games for Portlaoise Panthers Siun Lennonhttp://heresosiun.blogspot.ie/2016/09/the-lekkie-piccie-experience.htmlSiún Lennon joined LaoisToday in a full-time capacity after studying Journalism and New Media in the University of Limerick. She hails from Rosenallis and her interests vary from news, sports and politics.center_img Pinterest WhatsApp New Arles road opens but disquiet over who was invited to official opening RELATED ARTICLESMORE FROM AUTHOR Home News Community The McDonald family are through to the final of Ireland’s Fittest Family NewsCommunity Laois secondary school announces scholarship winners for new academic year Council Community The McDonald family are through to the final of Ireland’s Fittest Family TAGSIreland’s Fittest Family last_img read more

Laois athletes scoop prestigious Leinster Star athletics awards

first_imgHome Sport Athletics Laois athletes scoop prestigious Leinster Star athletics awards SportAthletics Pinterest Previous articlePortlaoise falls ten places in latest litter rankingsNext articleScoil Chríost Rí preparing for Battle of Clontarf Siun Lennonhttp://heresosiun.blogspot.ie/2016/09/the-lekkie-piccie-experience.htmlSiún Lennon joined LaoisToday in a full-time capacity after studying Journalism and New Media in the University of Limerick. She hails from Rosenallis and her interests vary from news, sports and politics. Facebook Twitter Community Laois secondary school announces scholarship winners for new academic year Charlie Flanagan on Electric Picnic: ‘I’d ask organisers to consult with community leaders’ Four Laois athletes took home awards while a club stalwart also received an Outstanding Achievement award.Teenagers Cathal Connaughton (Oughvale AC) and Helen Ikpotoken (St Michael’s AC) were joined on the stage by the St Abban’s trio of Barry Pender, Nicole Keogh Dowling and Pat Whelan.Helen Ikpotoken, who won the female juvenile award, is a sprinter and won Leinster medals in 100m, 200m and 250m hurdles. She is a junior cert student in Colaiste Iosagain Portarlington.Cathal Connaughton, who won the male juvenile award, is a middle distance runner, and is consistently running under 2 minutes now for the half-mile. He won medals at both 800m and 1500m in 2018. Cathal is a Leaving Cert student in Ardscoil na Trionoide, AthyThe Senior award was won by Nicole Keogh Dowling. Nicole specialises in the throws events – Shot Putt and Discus – and has been a key member of the All-Ireland winning St Abban’s Ladies Team in the National T&F League over the past 2 seasons. She is a nursing student in DCU. New Arles road opens but disquiet over who was invited to official opening Facebook Leinster Star Awards The Bridge House in Tullamore was the venue for the 2019 Athletics Leinster Star Awards at the weekend. These awards apply primarily to Track and Field Athletics.Now in its 29th year, the awards honour the achievements of the top male and female juvenile athletes in each Leinster county, and also the top adult athlete, along with a number of special merit awards.The awards are based on their performances at Leinster indoor and outdoor track and field championships. Community RELATED ARTICLESMORE FROM AUTHOR TAGSBarry PenderCathal ConnaughtonHelen IkpotokinLeinster Sat AwardsNicole Keogh DowlingOughaval ACPat WhelanSt Abban’s ACSt Michael’s AC Laois athletes scoop prestigious Leinster Star athletics awards WhatsApp Twitter WhatsApp Pinterest Council The Leinster Jumps award was won by Barry Pender St Abban’s AC. Barry has been one of Irelands top High Jumpers over the past number of years with a personal best of 2.26m.The Outstanding Service Award went to Pat Whelan St Abbans AC. A club stalwart, Pat has been at the centre of all the minor and major club activities over the past 40 plus years – purchasing the field, building the clubhouse, publishing the 50th anniversary book, parish sports, table quizzes, organising the annual 4-County-League for more years than he cares to remember.Five very deserving recipients – well done all.SEE ALSO – St Joseph’s reach U-21 decider following dramatic tussle with Ballyroan-Abbey Gaels By Siun Lennon – 7th January 2019 last_img read more

Outlook for global bank ratings stable but pressures remain: Moody’s

first_img Keywords Banking industry G7 tax pledge may be upstaged by CBDC work The outlook for banks credit ratings is broadly stable, says Moody’s Investors Service, noting that significant progress has been made in improving the health of global banking systems. That said, the rating agency also notes that factors such as economic fragility and regulatory reform will also challenge this increased stability. “The improving operating conditions in many parts of the world have alleviated some of the pressure on banks’ overall financial profiles,” said Moody’s vice president and senior credit officer, Robard Williams. “Two-thirds of our global bank ratings carry stable outlooks. .. Yet, we expect this increased stability to be put to the test in 2014 by a variety of economic and regulatory pressures.” Facebook LinkedIn Twitter The expected winding down of the U.S. Federal Reserve’s quantitative easing program raises the prospect of an uptick in long-term yields as well as increased short-term volatility across global markets, says Moody’s. This will be a test of policymakers’ ability to maintain low rates, it notes, “and could lead to an increase in borrowing costs and reduce cross-border financing flows, with the potential for negative effects on bank creditworthiness.” In emerging markets, there are signs of asset price bubbles appearing in a number of countries, stemming partly from significant foreign capital inflows over the past few years, it says; adding that a correction could test the current high profitability and capitalization levels of many emerging market banks. Moody’s also notes that banks will remain under pressure to continue to reduce their leverage and increase the quality of their capital in 2014, due to a variety of factors — primarily assorted regulatory reforms, such as new stress tests in Europe, and rising capital levels as the Basel III capital framework is implemented. James Langton center_img U.S. action on climate benefits banks, asset managers: Moody’s High debt levels threaten banks’ strong results: Fitch Share this article and your comments with peers on social media Related newslast_img read more

TD broadens access to TD MAP Portfolios

first_img TD Asset Management Inc. (TDAM) said Wednesday it will be reducing the minimum investment amounts for the Premium and K-Series (cash flow) on TD Managed Assets Program (TD MAP) Portfolios effective July 1. The TD MAP solutions impacted by the changes include TD Managed Portfolios and TD FundSmart Managed Portfolios. IE Staff Companies TD Asset Management Inc. Share this article and your comments with peers on social mediacenter_img With these changes, a broader range of investors will have access to premium pricing on TDAM’s popular TD Managed Portfolios and TD FundSmart Managed Portfolios, TDAM says. The minimum investment amount decreases from $250,000 to $150,000 per portfolio, including pre-authorized purchase plans. For a Monthly Income Plan (MIP), the minimum starting balance decreases from $350,000 to $250,000 per portfolio, and the minimum account balance required for the MIP to continue decreases from $250,000 to $150,000 per portfolio. Facebook LinkedIn Twitterlast_img read more

Global exchange trading rebounds: WFE

first_img Nasdaq launches Private Market Exchange trading around the world rebounded in the first half of 2014, reports the World Federation of Exchanges Ltd. (WFE) in its latest market stats report. The WFE says that the value of share trading rose 10% worldwide in the first half of the year to US$29.7 trillion, compared with the second half of 2013. Trading was up 6.8% on a year over year basis. ICE to consolidate bond trading in new unit Related news James Langton Keywords Exchange Share this article and your comments with peers on social media The rise in trading value was largely driven by the continuing strong performance of equity markets, the WFE notes. It reports that global market capitalization rose 6% in the first half to US$68.7 trillion – a 21% year on year increase. However, the WFE says number of trades also rose by about 10% in the period. The initial public offering (IPO) markets were also quite strong, the WFE observes. While the number of IPOs in the first half was down by 11% from the second half of 2013, the volume of deals was up 42% year over year. And, total investment flows (in U.S. dollar terms) also increased 17% compared to the second-half of 2013, it said. “The numbers are interesting. After several years of decline we are witnessing signs of a recovery in exchange volumes in the recent period,” said Grégoire Naacke, senior analyst at the WFE. “The IPO numbers mirror this trend. The number of companies coming to market has surged. The question now is will it last? As regulatory mandates begin to take effect will there be a greater shift from [over-the-counter] to exchange.” Five critical questions around the TMX-LSE merger Facebook LinkedIn Twitterlast_img read more

Thai Government Donates US $25,000 for Hurricane Dean Reconstruction

first_imgRelatedThai Government Donates US $25,000 for Hurricane Dean Reconstruction RelatedThai Government Donates US $25,000 for Hurricane Dean Reconstruction FacebookTwitterWhatsAppEmail Thai Ambassador-designate to Jamaica, His Excellency Snanchart Devahastin, has presented a cheque for US$25,000 to Jamaica’s High Commissioner to Canada, Her Excellency Evadne Coye, to be used in the Hurricane Dean relief effort.The presentation, on behalf of the Thai government, took place recently at the offices of the Jamaican High Commission in Ottawa, Canada.Ambassador Devahastin, who resides in Canada, said the funds are to be used as deemed fit in the reconstruction effort but he made note of the serious impact that the hurricane had on fishing villages on the south coast. He pointed out that Thailand has a very strong fishing industry and like Jamaica, has numerous small operators, and he could therefore empathize with the loss experienced by the fisherfolk.He said that fishing could be one of the sectors in which Jamaica and Thailand could collaborate, especially for the manufacture of low-cost efficient fishing boats and equipment.High Commissioner Coye thanked the government of Thailand for its generous donation and expressed the hope that the Ambassador would soon be able to present his credentials in Jamaica. She shared Ambassador Devahastin’s confidence that there were development sectors in which collaboration between Thailand and Jamaica would be mutually advantageous. Advertisementscenter_img Thai Government Donates US $25,000 for Hurricane Dean Reconstruction UncategorizedOctober 12, 2007 RelatedThai Government Donates US $25,000 for Hurricane Dean Reconstructionlast_img read more

Region Must Improve Insurance Regulatory System – Roper

first_imgRelatedRegion Must Improve Insurance Regulatory System – Roper RelatedRegion Must Improve Insurance Regulatory System – Roper Region Must Improve Insurance Regulatory System – Roper UncategorizedDecember 6, 2008 Advertisementscenter_img FacebookTwitterWhatsAppEmail Acting Executive Director of the Financial Services Commission (FSC), George Roper, has called on Caribbean insurance regulators to move quickly to improve the regulatory system across the region.Mr. Roper, who was addressing the opening of the Caribbean Association of Insurance Regulators Conference in Montego Bay, St. James yesterday (Dec. 4), expressed support for views articulated recently by Prime Minister of India, Dr. Manmohan Singh, and a senior representative of the International Monetary Fund (IMF), blaming the current financial crisis on the failure of the regulatory and supervisory mechanisms within the financial sector worldwide. He said that there is now a proposal being put forward for a global regulatory body to be established.“In light of the turmoil in the global market…we as fellow Caribbean regulators should be reminded of the urgency to improve our regulatory framework in our individual countries and across the region,” he stated.“There is a growing need for us, insurance supervisors, to co-operate with each other. We need to establish principles for co-operation amongst ourselves in the supervision of cross border insurance operations within the Caribbean,” Mr. Roper added, noting that increased supervision would ensure efficient, fair, safe and stable insurance markets for the benefit and protection of policyholders.He expressed the hope that the conference will assist the regional regulators to build on, and deepen existing foundations for a vibrant, efficient, effective and ethical financial market.Meanwhile, Minister without portfolio in the Ministry of Finance and the Public Service, Senator Don Wehby, in a statement provided to conference participants, said that financial services in general and insurance in particular, are important to the economic development of the country.Senator Wehby, in his statement, said that the fact that three of the six life insurers and six of the 12 non-life insurers in Jamaica, have operations in other Caribbean countries, underscores the need for the provision of “world-class regulators” and co-operation across borders.He also called for collaboration between Government departments, with a view to creating a regulatory framework that is facilitative.The two-day conference, which concludes today (Dec. 5), is sponsored by the FSC, the Caribbean Regional Technical Assistance Centre (CARTAC) and the World Bank, under the theme: ‘Preparing for the unexpected: brainstorming risks faced by insurance supervisors’. RelatedRegion Must Improve Insurance Regulatory System – Roperlast_img read more

Successful first year for waste crime taskforce despite pandemic

first_imgSuccessful first year for waste crime taskforce despite pandemic Criminals operating in the waste industry are being warned that the Covid-19 pandemic is not stopping the authorities from cracking down on their illegal activities, as the Joint Unit for Waste Crime (JUWC) heralds a successful first year in operation.Launched in January 2020, the multi-agency taskforce was the first of its kind to formally bring together environmental regulators and law enforcement agencies to tackle serious and organised waste crime which is estimated to cost the UK economy at least £600 million a year and cause great harm to the environment, local communities and businesses.Despite the Joint Unit being in its infancy when the Covid-19 pandemic struck, the taskforce has wasted no time in sharing intelligence, identifying illegal activity and conducting numerous operations to disrupt illegal activities, leading to arrests of suspected waste criminals and bringing them to justice. The taskforce has also strengthened in number, with the British Transport Police and the Northern Ireland Environment Agency joining the Unit in September.Nicola Lawton, JUWC Deputy Director for Enforcement, said:The JUWC is crucial to our fight against serious and organised waste crime, and despite the Covid-19 pandemic we have continued to target and disrupt the criminal networks who are undermining the waste industry and the environment.In the last year we have conducted numerous multi-agency operations against groups and individuals who are causing serious harm, and the Unit is now leading over 20 operations into offending that spans the UK and involves not only waste crime but other criminal activities including firearms, drugs, vehicle theft and money laundering.The Joint Unit has entered 2021 stronger and more determined than ever to tackle those engaged in serious and organised waste crime.Environment Minister Rebecca Pow said:The past year has been a real challenge for our enforcement agencies as they carry out their important work, and I commend the Joint Unit for Waste Crime for its vital efforts in disrupting the criminals and gangs who show complete disregard for our waste industry, local communities and the environment.We are absolutely committed to clamping down on waste crime and I look forward to seeing the Joint Unit go from strength to strength over the coming years as it protects the public and the environment from harm and brings waste criminals to justice.Much waste crime is carried out by gangs and individuals who operate bogus waste services, accepting payment for disposal without having the necessary permits for transportation or storage. Waste is then illegally dumped on private and public land to avoid fees and landfill taxes, which causes significant harm to businesses, local communities and the environment.JUWC case studiesIn May 2020, the JUWC started an investigation into a hostile waste operation where local Environment Agency officers had previously been intimidated and threatened. JUWC officers commenced a surveillance operation and worked with the local council, HMRC, the DVSA and the RSPCA on a targeted plan for the site. This led to a warrant being executed in August 2020 by JUWC officers and the police. The JUWC are now reviewing the evidence gathered and will take enforcement action for any offences committed.In September 2020, the JUWC was invited by the Government Agency Intelligence Network to attend a site raid in Kent which was supported by over 300 Metropolitan Police firearms officers. Seven people were arrested on suspicion of an array of offences after police discovered drugs, stolen vehicles and an arsenal of weapons including a loaded shotgun, 17 air weapons, CS gas and a machete. Two people found at the site were cared for by the force’s modern slavery team and 49 stolen dogs seized, with most now returned to their owners.In October, JUWC officers from the Environment Agency and the British Transport Police undertook a week of action tackling waste and metal crime. Over 1,100 vehicles were stopped and 550 sites were visited. Over 150 offences were detected and 29 arrests made.In addition to the JUWC, the Environment Agency (EA) conducts its own operations to disrupt criminal waste activity. In 2019, the Agency stopped illegal waste activity at 912 sites – 12 per cent more than the previous year. As a result of prosecutions taken by the EA, businesses and individuals were fined almost £2.8 million for environmental offences in 2018. /Public Release. This material comes from the originating organization and may be of a point-in-time nature, edited for clarity, style and length. View in full here. Why?Well, unlike many news organisations, we have no sponsors, no corporate or ideological interests. We don’t put up a paywall – we believe in free access to information of public interest. Media ownership in Australia is one of the most concentrated in the world (Learn more). Since the trend of consolidation is and has historically been upward, fewer and fewer individuals or organizations control increasing shares of the mass media in our country. According to independent assessment, about 98% of the media sector is held by three conglomerates. This tendency is not only totally unacceptable, but also to a degree frightening). Learn more hereWe endeavour to provide the community with real-time access to true unfiltered news firsthand from primary sources. It is a bumpy road with all sorties of difficulties. We can only achieve this goal together. Our website is open to any citizen journalists and organizations who want to contribute, publish high-quality insights or send media releases to improve public access to impartial information. You and we have the right to know, learn, read, hear what and how we deem appropriate.Your support is greatly appreciated. All donations are kept completely private and confidential.Thank you in advance!Tags:British, director, environment, first year, Government, intelligence, investigation, Ireland, local council, modern slavery, operation, RSPCA, surveillance, Transport, UK, UK Governmentlast_img read more

Ag Chat – your latest news and ag extension advice

first_imgAg Chat – your latest news and ag extension advice In this month’s newsletter we take a look at:Be on the lookout for Queensland fruit fly in the Broken Hill areaLearning about your gross margin ratioLooking at pastures — copper burrLooking at pastures — poverty bushReminder: New NVD version only accepted from 1 January 2021It’s Fly Time — register now for upcoming Sheep Connect NSW webinarBusiness Edge coming to Balranald in FebruarySave the date: MeatUp forum in Cobar, 23 March.Click here to read the newsletter and if you aren’t already, be sure to subscribe to receive the next newsletter in your inbox! /Public Release. This material comes from the originating organization and may be of a point-in-time nature, edited for clarity, style and length. View in full here. Why?Well, unlike many news organisations, we have no sponsors, no corporate or ideological interests. We don’t put up a paywall – we believe in free access to information of public interest. Media ownership in Australia is one of the most concentrated in the world (Learn more). Since the trend of consolidation is and has historically been upward, fewer and fewer individuals or organizations control increasing shares of the mass media in our country. According to independent assessment, about 98% of the media sector is held by three conglomerates. This tendency is not only totally unacceptable, but also to a degree frightening). Learn more hereWe endeavour to provide the community with real-time access to true unfiltered news firsthand from primary sources. It is a bumpy road with all sorties of difficulties. We can only achieve this goal together. Our website is open to any citizen journalists and organizations who want to contribute, publish high-quality insights or send media releases to improve public access to impartial information. You and we have the right to know, learn, read, hear what and how we deem appropriate.Your support is greatly appreciated. All donations are kept completely private and confidential.Thank you in advance!Tags:Balranald, Broken Hill, business, Cobar, Government, Local Land Services, New South Wales, NSW, Queenslandlast_img read more