John Major urges Prime Minister May to ditch red lines on Brexit negotiations

first_img Share John Major urges Prime Minister May to ditch red lines on Brexit negotiations whatsapp Saturday 19 January 2019 11:39 am More From Our Partners Brave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.org980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.org Former Conservative prime minister John Major has urged Theresa May to drop her so called red lines on Brexit negotiations and let parliament find a way to avoid a no deal scenario.Major said: “Her deal is dead and I don’t think honestly that tinkering with it is going to make very much difference if any difference at all.” Until a consensus is reached, Major added, delaying Brexit was sensible.But former foreign secretary Boris Johnson warned yesterday that politicians risk losing the electorate’s trust if they were to delay Brexit by extending Article 50 beyond 29 March.Read more: Retail sales fall as ‘suffocating’ Brexit uncertainty envelopes UK high streetsIn a speech at building machinery giant JCB’s headquarters in Staffordshire, he said: “It’s overwhelmingly likely we will get a deal, a good deal – we just won’t get this deal.”“To extend Article 50 now would no nothing but erode trust in politics,” the former foreign secretary added. “It would cause widespread international dismay.” center_img whatsapp Alex Daniel Read more: Customs union compromise could open the door to renewed talks on Brexit, says commissioner“If we leave in chaos and without a deal, that seems to me to be the worst of all outcomes,” he told BBC radio.Major, who was prime minister from 1990 to 1997, said he compromised on big decisions surrounding the Northern Irish peace process and the first Gulf War.May should do the same, he said, after parliament rejected her proposed Brexit deal with a resounding majority on Tuesday night.The Prime Minister is due to tell parliament on Monday how she intends to get past the current impasse, which has left business leaders and industry chiefs fearful of a damaging no deal Brexit. Tags: Brexit People Theresa Maylast_img read more

US House Democrats deliver Trump impeachment charge to Senate

first_img whatsapp The US House of Representatives yesterday delivered to the Senate a charge that former President Donald Trump incited insurrection in a speech to supporters before the deadly attack on the Capitol. Jessica Clark The move set in motion Trump’s second impeachment trial. More From Our Partners LA news reporter doesn’t seem to recognize actor Mark Currythegrio.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgMan on bail for murder arrested after pet tiger escapes Houston homethegrio.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgFort Bragg soldier accused of killing another servicewoman over exthegrio.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgKansas coach fired for using N-word toward Black playerthegrio.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.org Meanwhile, Janet Yellen also yesterday won overwhelming Senate confirmation as the first woman to lead the US Treasury, setting her quickly to work with Congress on coronavirus relief, reviewing US sanctions policy and strengthening financial regulation. Senate Democrats will need the support of 17 Republicans to convict him in the evenly divided chamber, a steep climb given the continued allegiance to Trump among the Republican Party’s conservative base of voters. Ten House Republicans joined Democrats in voting to impeach Trump on 13 January. Share Show Comments ▼ On arrival in the Senate, the lead House impeachment manager, Representative Jamie Raskin, read out the charge. whatsapp Nine Democrats who will serve as prosecutors in Trump’s trial, accompanied by the clerk of the House and the acting sergeant at arms, carried the charge against Trump to the Senate. Tags: Donald Trump “Donald John Trump engaged in high crimes and misdemeanors by inciting violence against the government of the United States,” he said. US House Democrats deliver Trump impeachment charge to Senate Tuesday 26 January 2021 7:01 am Also Read: US House Democrats deliver Trump impeachment charge to Senate last_img read more

State: Permafrost melt from Arctic broadband projects violated permits

first_imgAudio Playerhttp://media.aprn.org/2018/ann-20180620-05.mp300:0000:0000:00Use Up/Down Arrow keys to increase or decrease volume.The telecommunications competitors leading those projects — Quintillion Networks and a subsidiary of GCI Liberty — are now embroiled in a legal dispute over who is to blame.At the same time, state officials are still trying to sort out the scope of a problem that could threaten the only haul road to the oil fields at Prudhoe Bay, as well as dozens of streams along the way.The two-lane gravel highway to the North Slope can see a couple hundred vehicles a day, between semitrailers, tourist buses and others.The Dalton runs through forested, mountainous and tundra-covered terrain. A lot of it sits atop permafrost.If the permafrost stays frozen, the ground under the roadway stays stable. But in some spots right next to the highway, it’s not. That’s because if you remove the topsoil and vegetation that insulates the icy soil in summer, there’s a good chance it’s going to melt and keep melting.That’s what happened after the trench-digging, and they’re worried it could spread, state officials say.“We work really hard to make sure that the frozen ground underneath those embankments stays frozen,” state Transportation Commissioner Marc Luiken said.The Department of Transportation is one of three agencies to permit subsidiaries or subcontractors of Quintillion and GCI to dig trenches in its right of way, along with the Department of Environmental Conservation and the U.S. Army Corps of Engineers.It’s possible the trench-related melting will threaten the highway, Luiken said.“You know, that is the primary supply route up for that pretty significant industry up there,” Luiken said.Luiken means, of course, the oil industry. But another industry has staked its claim in the Arctic.Prospectors like GCI and Quintillion want to tap into a market that’s thirsty for cheaper and more reliable internet and phone service by using those fiber optic cables alongside the Dalton Highway to connect some of Alaska’s farthest-flung communities to the rest of the state’s networks.They’ll also hook up to a sub-sea cable linking Asia, North America and Europe, another massive and highly touted project Quintillion is also working on separately.Faster and more affordable internet sounds great to Alaskans only served by microwave and satellite connections.But that has meant disturbing miles and miles of permafrost-insulating vegetation to dig the trenches to lay the fiber optic cables.Both projects’ permits cover 240 miles of digging and require remediation of the ground, as well as preventing erosion and runoff of muddy water.There are still at least 20 swampy problem areas parallel to the highway that range from 20 feet to 500 feet long.One inspection report even notes erosion caused the fiber optic cable itself to be left exposed in at least one spot.Vladimir Romanovsky with the University of Alaska Fairbanks Geophysical Institute studies environmental and engineering problems involving ice and permafrost.Romanovsky has seen the melting along the Dalton Highway.“It’s kind of a trench, with sometimes standing water in it. Sometimes even moving water,” Romanovsky said. “It’s just strange and unattractive, I would say. We were joking that someday we may start to use, instead of trucks, we’ll use boats, like in Venice. Just go along the Dalton Highway in the boat.”The companies digging the trenches for GCI and Quintillion apparently didn’t know any better, Romanovsky said.That’s unfortunate, he said, because oil producers on the North Slope have been working on and around permafrost for decades.The cost of dealing with impacts to the environment and to infrastructure from turning solid, frozen ground into soupy muck should be well understood by now, Romanovsky said.“Usually when a project, especially when (they) do it in a hurry, like I think it was done in this case, they act like, I don’t know, very arrogant people,” Romanovsky said. “They just do what they normally do, but unfortunately they never deal with permafrost, and then problems start to pile up.”Romanovsky doubts the restoration efforts will fix the problem anytime soon. That work has so far included simply piling more gravel and soil on top of the trenches as they subside.The problem is gravel conducts heat better than the original vegetation, Romanovsky said.He expects the melting to continue.“It all depends how much ice is in permafrost, and unfortunately at some locations there is lots of ice,” Romanovsky said.It’ll probably take years of repeatedly piling gravel on top all of those spots — five, 10, maybe even 20 years — to prevent the melting from spreading even further, Romanovsky said.Quintillion finished its trench before the GCI subsidiary Bortek, and they aren’t waiting to point fingers.The company has sued, accusing Bortek and a subcontractor, Utility Technologies Incorporated, of causing the melting and erosion problems.The lawsuit even alleges the GCI subsidiary and subcontractor removed soil covering Quintillion’s trench to put on top of their own trench. Essentially,Quintillion wants Bortek and UTI to take care of the remediation needed to put everything back into compliance with the permits.In a written statement, GCI said Bortek, its subsidiary, had no knowledge of any soil being removed from Quintillion’s trench and said the subcontractor, UTI, denies the allegation.But the question of who to blame is still an open one, as far as the state is concerned.The Department of Environmental Conservation has issued notices of violation to both sides after inspections saw continued problems with trench-related melting even after restoration efforts in summer 2017.The notice of violation is the middle step out of three levels of enforcement: more than a strongly worded letter but not quite to the level of civil or criminal action.DEC’s Division of Water compliance and enforcement program manager  Mike Solter said the division is looking at next steps.It’s not just the highway that’s at risk, Solter said.As the name implies, his department is concerned with environmental impacts to water, and Solter said there are dozens, if not hundreds, of streams and creeks that could be polluted with runoff from the trenches.“It kills fish, it can smother eggs, it can do a whole bunch of really bad stuff,” Solter said. “There’s really a lot that could be at stake here, and until we really get the chance to assess it, we won’t really know what the full impacts are.”That assessment by DEC, DOT and others was planned for this month.But based on pictures of the trenches from this summer, Solter said it’s unlikely the situation has improved at all.He said it could still be a while before the full extent of impacts to the highway or habitat are known.Share this story: Environment | State GovernmentState: Permafrost melt from Arctic broadband projects violated permitsJune 21, 2018 by Casey Grove, Alaska Public Media Share:Standing water and a mound of dirt on a section of trench are shown in this photo, which was included in a lawsuit filed by Quintillion Networks against Bortek, a GCI Liberty subsidiary, and its subcontractor Utility Technologies Inc. (Photo courtesy Quintillion Networks)Melting permafrost is creating a muddy mess in Alaska’s Arctic after two competing broadband projects dug trenches alongside the Dalton Highway for their separate fiber optic cables.last_img read more

Hunker down or happy holidays? How Alaskans are choosing to celebrate this week.

first_imgCoronavirus | Family | Food | Mental HealthHunker down or happy holidays? How Alaskans are choosing to celebrate this week.November 26, 2020 by Rashah McChesney, KTOO Share:Amy Jackman, her friends, and coworkers are gathering for a night of “Crabs and Cannabis” on Thanksgiving, Thursday, Nov. 26, 2020, in Kenai. (Photo courtesy Amy Jackman)Alaskans are finding ways to celebrate the Thanksgiving holiday. But they’re having to balance the appeal of spending time with family and friends against the potential of contracting, and inadvertently spreading, COVID-19. Some are finding that choice easier than others. Amy Jackman, of Kenai, is doing exactly what she would be doing in any other year. She’s meeting with friends and coworkers for an evening she jokingly dubs “Crabs and Cannabis.”“We bought 20 pounds of this really amazing crab meat… and we’ve all pitched in for it,” she said. She doesn’t really support the roots of Thanksgiving but said it’s more of an excuse to get together and find joy in each other’s company. “For me, and the people that are going to be gathering together — there was never even a second thought,” she said. “We’re together every week. We spend time having dinners with our families. We work together, we are basically cultivating and preserving this normalcy, right? Where we don’t live our lives in fear.” She is frustrated and concerned by the state and federal response to the spread of the virus — especially guidance about public masking and restrictions on the number of people who can gather in one place. “And it baffles me how many people are going outdoors or basically begging for tighter restrictions,” she said. Jackman worries that impacts like economic harm to businesses and isolation felt by children who are out of school and seniors who are cut-off from contact with the outside world are causing significantly more harm than the virus. But state health officials have repeatedly cautioned against gathering and helping to spread the virus. As coronavirus cases continue to climb, hospitals all over the state have warned that staffing shortages coupled with a surge in patients could be disastrous. The president of the Alaska State Hospital and Nursing Home Association, Jared Kosin, said on Tuesday that Thanksgiving celebrations could make it worse. Some Alaskans have changed their plans this year. Winter on the Elliot Highway in 2013. (Creative Commons photo courtesy of Jason Ahrns)In Fairbanks, Alyssa Enriquez generally hosts something of an orphans’ Thanksgiving, where people who have no other place to go can find company and food. But she didn’t feel comfortable doing that this year. She said a friend who is in her bubble is immuno-compromised. So Enriquez decided to unplug for the weekend. She rented the Fred Blixt cabin just off of the Elliot Highway, about an hour and a half north of Fairbanks. “I just want to be able to disconnect for the weekend, or for a couple of days, and not have to think about the world,” she said.  Four friends will come to visit, but not all at the same time, and Enriquez says they’ll keep their interactions as safe as they can.“The stuff we’re going to do as a group is probably going to be outside. And it’s supposed to be really warm. It’s supposed to be in the mid-20s here. It’s not too bad, at least it’s not 20 below,” Enriquez said. Even though a lot of things are different this year, Enriquez said it still feels like she’s following her normal holiday tradition of spending quality time with good friends. And in some ways, she thinks planning for a safe holiday might have helped her rethink her Thanksgiving traditions.“It’s definitely scaled back, really thinking about who’s in my bubble. Really thinking about having a really nice time,” she said. “This is something I would probably do in the future so that it’s just being out in a cabin and enjoying the space and the presence that you’re in.”Douglas Bridge in Juneau in December 2018 (Photo by David Purdy/KTOO)In Juneau, Rebecca Smith also found a way to see friends and neighbors on Thursday, but it will be more of a take-home Thanksgiving. Her next door neighbor has a carport, and they’ve turned it into a party space. It has enough room to spread out chairs in groups for the three households that are coming. There will be some other stray friends and coworkers stopping by, too. “So this past week I had purchased some rope lights, and the next door neighbor had purchased some lights as well …. Then Jesse around the corner has a new propane heater, so he’s going to bring that over,” she said.They’re all going to bring the dishes they normally eat to celebrate the holiday. Her neighbor is bringing sweet corn and drunken sweet potatoes. Rebecca Smith has smoked a turkey and is bringing cornbread stuffing, Chex mix, smoked cider and several other dishes. She said there will be plenty of pies.Everyone will show up Thursday afternoon with their food. “We’ll socialize with masks on at their appropriate distances for a little bit, and then everybody just gets to pack up whatever food they want from all the offerings. Take it back home, reheat their Thanksgiving dinner so we can all eat the things we normally eat even if we can’t all eat them together. It’s our way of still sharing the holiday but still being responsible,” she said.Like Enriquez, Rebecca Smith said her holiday tradition still feels intact. It’s still the same people. It’s still the same foods. “Oh, the other good thing is that I didn’t have to clean my house,” she said.Smith said there was an unspoken agreement among her friends and neighbors that they have to make it work. “I think just because we are all so isolated at this point in time. We just have to cling to some way to make things as close to normal as we can. Nothing is going to be normal. Nothing is going to be normal for a long time, we’ve all come to that realization I think. And, quite frankly, it sucks,” Smith said. “I think we just all sort of, without even necessarily talking about it, we all just realized that we have to have something to celebrate.”  Generally, she said she feels pretty comfortable with the group of people she’s seeing this week. They’ve been isolated or working alone, or they’ve been careful. But that’s not something she’s seeing reflected in the whole community.“I look at the number of people who traveled this week. How full the airports were, having been fuller than they’ve been since March and I’m just like ‘you people are all insane,’ she said. “But clearly there are people who still aren’t taking this seriously. I’m worried because it’s clearly not going away. It’s not fake. It’s not a hoax. People are sick.” Eli Smith makes deviled eggs for his family’s Thanksgiving celebration on Thursday, Nov. 26, 2020, in Kenai. (Photo courtesy Todd Smith)Normally, Todd Smith (no relation to Rebecca) would find a way to celebrate Thanksgiving with his extended Kenai family — parents, grandparents, siblings and their children. “You know, everybody ends up at somebody’s house,” he said. “We have family in Anchorage and Kenai, so we’ll kind of pick a spot and everybody meets up. We’ll have dinner, hang out for the weekend.”And that could still have happened this year, though Smith said they would have had to put some thought into how to keep the parents and grandparents safe. But while Smith’s two kids are home for remote school, he and his wife Megan are still working. She works at a school in the Kenai Peninsula Borough School District, and he does plumbing and heating. His sister is a nurse in Anchorage. “We’re smart about it, but at the same time, we have more exposure every day, just out being about and working, than we do hanging out with our family,” he said. Plans changed when Smith and his family got sick with COVID-19 last week. It’s not clear where they picked up the virus.“I don’t know, one of us got it. I got sick first, but several of our friends got it at the same time. Went in and got tested, three of four of us tested positive. We all three got sick,” he said.” My 14-year-old now says he didn’t feel good today, so we’ll see if he’s got it too.” So far, he said it’s just like a bad cold. But it’s lingering, and they’re tired.Members of Todd Smith’s family meet up via Zoom to celebrate Thanksgiving together on Thursday, Nov. 26, 2020, in Kenai. (Photo courtesy Todd Smith)“I’m moving around, but I’m by no means completely recovered. It just hangs on,” he said. Once they got sick, any ideas they had about gathering with the rest of the family evaporated. And that influenced the rest of the family too. “The whole family now is like, ah we’ll just have our own little … We’re going to have a Zoom family Thanksgiving meeting and play a game or something. But I think everybody is probably just going to stay home,” he said. Share this story:last_img read more

Stocks rally as economy gains – New York Report

first_img Express KCS More From Our Partners Puffer fish snaps a selfie with lucky divernypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comInstitutional Investors Turn To Options to Bet Against AMCvaluewalk.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgWhite House Again Downplays Fourth Possible Coronvirus Checkvaluewalk.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.org by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailSwift VerdictChrissy Metz, 39, Shows Off Massive Weight Loss In Fierce New PhotoSwift VerdictPost FunKate & Meghan Are Very Different Mothers, These Photos Prove ItPost FunMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity WeekEquity MirrorThey Drained Niagara Falls — They Weren’t Prepared For This Sickening DiscoveryEquity MirrorGameday NewsNBA Wife Turns Heads Wherever She GoesGameday Newszenherald.comMeghan Markle Changed This Major Detail On Archies Birth Certificatezenherald.comTheFashionBallAlica Schmidt Is The Most Beautiful Athlete To ExistTheFashionBallOpulent ExpressHer Quadruplets Were Born Without A Hitch. Then Doctors Realized SomethingOpulent Express whatsapp Thursday 27 August 2015 8:37 pm Show Comments ▼center_img Share Tags: NULL whatsapp US STOCKS rallied more than two per cent yesterday as strong US economic data and hints that a September interest-rate hike was unlikely fueled optimism that the worst of recent market turmoil was over.The Dow Jones industrial average scored its biggest two-day percentage gain since 2008, while the S&P 500 and Nasdaq Composite racked up their biggest two-day increases since 2009.“The worst is probably behind us but it’s going to take a while before we get back to normal and we might still see some downward risk,” said Scott Brown, chief economist at Raymond James in St. Petersburg, Florida.The Dow rose 2.27 per cent to 16,654.77 and the S&P 500 gained 2.43 per cent to 1,987.66. The Nasdaq Composite added 2.45 per cent to 4,812.71.The economy grew 3.7 per cent in the second quarter – much faster than the previous estimate of 2.3 per cent. Stocks rally as economy gains – New York Report last_img read more

Manager Monitor: Why Amundi likes European bonds, but not the euro

first_img Related news Franklin Templeton renames funds with new managers Share this article and your comments with peers on social media Michael Leonard In response, Dubreuil and his colleagues are overweight in European government and corporate securities versus their benchmark, particularly in Italy, Portugal and France. Because of Amundi’s expectations that European interest rates will remain relatively low, the team’s European holdings have a much longer duration than its U.S holdings. Consistent with the reflating theme in continental Europe, the fund has an underweight in the euro relative to the British pound and the U.S. dollar. This is based on Amundi’s expectation that the euro will continue to erode in relation to some other major currencies. On the plus side, euro depreciation will help improve the competitiveness of the Eurozone economy and favour exports. While Dubreuil is not incorporating into his outlook a specific forecast for the price of oil, he believes that cheaper oil will be beneficial to the European economy. Dubreuil is the senior manager responsible for Amundi’s global aggregate strategy, and is supported by co-managers Laurent Crosnier and Romain Mercier. The trio can draw on the expertise of approximately 130 strategists, credit analysts, quantitative researchers and socially responsible investing (SRI) analysts. Benchmarked against the Barclays Global Aggregate Hedged Index, the strategy is available in Canada through NEI Global Total Return Bond, sponsored by NEI Investments. With the employment picture continuing to improve in the United States, there’s a good probability that the U.S. Federal Reserve will raise interest rates in the second part of this year, Dubreuil says. Based on this top-down view, Amundi has an underweight in short-term U.S. bonds relative to the market benchmark for its global aggregate fixed-income strategy. And sticking with the theme of overall strength in the U.S. relative to other regions, the strategy favours the U.S. dollar over the euro and so-called “commodity currencies.” Among the latter is the Canadian dollar, which has slumped in response to plunging oil prices. Amundi expects the Chinese economy to continue to cool down relative to its recent history. Growth will remain positive, the fixed-income team believes, but at a lower rate than in previous years. This view contributes to their expectations of continued weakness in the currencies of Canada, Australia and New Zealand, since the commodities so critical to these resources-heavy economies could see less demand from China, one of their biggest global customers. As for Japan, the Amundi team believes pro-active steps will be taken to fire up the Japanese economy. If anything, so-called “Abenomics” will only intensify. This was seen on Dec. 27 when the Japanese government approved its latest stimulus package, a 3.5-trillion-yen (C$33- billion) package of subsidies aimed at stimulating growth. Consequently, with the expectation that these measures will eventually lead to inflation in Japan if successfully implemented, the fund has an underweight in Japanese government bonds and the yen, relative to the benchmark. “Abe will continue to weaken the yen,” says Dubreuil, referring to the policies of the government led by prime minister Shinzo Abe. The NEI fund takes a virtually unconstrained approach versus the benchmark. This allows for tactical and strategic allocations in investing in government bonds, other fixed-income, currencies, credit and emerging markets. One of the few constraints is a maximum allocation to securities rated below BBB. While the fund is nowhere close to its 25% limit — currently holding less than 15% — it’s significantly overweight in BBB-rated fixed-income securities. Amundi believes corporate yields remain attractive relative to those of government bonds, and that BBB-rated securities currently offer a good degree of liquidity. The ongoing situation in Russia — the effect of falling oil prices on government revenue, the involuntary devaluation of the ruble and the conflict with Ukraine — has had little effect on the NEI fund. Amundi has only a small exposure to emerging markets and doesn’t hold any securities issued in Russia. On the contrary, to the extent that Russia’s market woes reverberate throughout Europe and beyond, Amundi believes this could lead to buying opportunities in the fixed-income markets that it does find attractive. “The situation in Russia might cause some volatility,” says Dubreuil, “but that’s what we like because volatility creates opportunity.” Michael Leonard is chief equity strategist at Morningstar Canada. Keywords Fund managers,  Europe center_img NEO, Invesco launch four index PTFs Pascal Dubreuil, a senior fixed-income manager at London-based Amundi Group, thinks there’s an opportunity to exploit attempts to kick-start the sluggish European economy. He says the European Central Bank “has to stay accommodative” due to lagging economic performance and the fear of deflation. The ECB wants to strengthen its balance sheet, he says, by buying assets including euro-denominated bonds in the coming months. Change to Counsel Global Small Cap Fund Facebook LinkedIn Twitterlast_img read more

This is the 2022 Hyundai Kona, now with a new N-Line trim

first_img The Rolls-Royce Boat Tail may be the most expensive new car ever advertisement Hyundai is updating its Kona crossover for the 2022 model year, and adding a performance-oriented N-Line trim to excite the vehicle even more.The Kona has been facelifted significantly, despite having only been on the market a few years. It now wears a more aggressive front fascia with swept-back styling, and tighter body creases.Just like the previous-generation Kona, the vehicle still wears a sort of “face upon face” appearance, which means it looks like they actually designed one fascia, and then plopped another on directly above it. The lower face houses the real headlights as well as a new lower intake, while the upper face has LED daytime running lights and a big radiator grille. We encourage all readers to share their views on our articles using Facebook commenting Visit our FAQ page for more information. See More Videos PlayThe Rolls-Royce Boat Tail may be the most expensive new car everPlay3 common new car problems (and how to prevent them) | Maintenance Advice | Driving.caPlayFinal 5 Minivan Contenders | Driving.caPlay2021 Volvo XC90 Recharge | Ministry of Interior Affairs | Driving.caPlayThe 2022 Ford F-150 Lightning is a new take on Canada’s fave truck | Driving.caPlayBuying a used Toyota Tundra? Check these 5 things first | Used Truck Advice | Driving.caPlayCanada’s most efficient trucks in 2021 | Driving.caPlay3 ways to make night driving safer and more comfortable | Advice | Driving.caPlayDriving into the Future: Sustainability and Innovation in tomorrow’s cars | Driving.ca virtual panelPlayThese spy shots get us an early glimpse of some future models | Driving.ca Inside the cabin is a 10.25-inch digital cluster, first seen in the new Palisade and Sonata. A 10.25-inch AVN screen is also available with split-screen function and multiple Bluetooth connections, and the Audio Display screen has increased from seven to eight inches. Android Auto and Apple CarPlay come standard.The upgraded Kona N-Line receives a 1.6-litre turbocharged four-cylinder that produces 195 horsepower, and Hyundai also modified the springs, dampers, stabilizer bars, and rear bump stop for better handling.The Kona also has a new suite of SmartSense Active Safety Features, including Blind-Spot Collision-Avoidance Assist, Rear Cross-Traffic Collision-Avoidance Assist, Smart Cruise Control with stop and go, Leading Vehicle Departure Alert, Lane-Following Assist, Safe Exit Warning, Rear Occupant Alert, and Forward Collision-Avoidance Assist with optional cyclist detection. COMMENTSSHARE YOUR THOUGHTScenter_img Trending in Canada First Look: 2022 Lexus NX The sport-cute’s looks have been softened, but its powertrains and infotainment offerings have been sharpened Trending Videos Both vehicles will likely be coming to Canada, and we’ll learn more information about pricing and availability later this year, or early 2021. ‹ Previous Next › RELATED TAGSHyundaiSUVNon-LuxuryNew VehiclesNon-Luxurylast_img read more

Ruy Teixeira on American politics: Is a better future possible?

first_imgWith American politics sharply polarized and the 2020 election coming up, which will surely just enhance that polarization, many Americans wonder whether American politics will ever improve. Is bitter conflict and unproductive governance our inescapable future? Or could we be in a transitional period to a significantly better future? This lecture will examine underlying demographic, economic and political trends, both nationally and in states like California, to examine these possibilities. Please register for this event via Eventbrite. About the SpeakerRuy Teixeira is a senior fellow at American Progress. He is also co-director of the States of Change: Demographics and Democracy project, a collaboration that brings together the Center for American Progress, the Bipartisan Policy Center, the Democracy Fund’s Voter Study Group and demographer William Frey of the Brookings Institution. The goals of the project are to document and analyze the challenges to democracy posed by the rapid demographic evolution of the United States from the 1970s to the year 2060 and to promote a wide-ranging and bipartisan discussion of America’s demographic future and what it portends for political parties and the policy challenges they—and the country—face.His most recent book is The Optimistic Leftist: Why the 21st Century Will Be Better Than You Think. His other books include The Emerging Democratic Majority; America’s Forgotten Majority: Why the White Working Class Still Matters; The Disappearing American Voter; and Red, Blue, and Purple America: The Future of Election Demographics.Teixeira’s book The Emerging Democratic Majority, written with John Judis in 2002, was the most widely discussed political book of that year and generated praise across the political spectrum, from George Will on the right to E.J. Dionne on the left. It was selected as one of the best books of the year by The Economist.Teixeira’s most recent writing for American Progress is “The Path to 270 in 2020” with John Halpin. In 2017-18, he wrote a series of articles on Medium with Peter Leyden on the theme “California Is the Future”. A complete list of Teixeira’s recent publications can be found on his website, The Optimistic Leftist, where he also blogs regularly.Teixeira holds a Ph.D. in sociology from the University of Wisconsin Madison.About the Conservative Thought & Policy American National Character ProjectThe Benson Center promotes critical reflection on the distinctive traditions and political perspectives that characterize Western civilization. It encourages residents of Colorado and the United States to more fully understand and appreciate their past, their future and a free and creative American society within an international environment. Conservative Thought and Policy Guest Speakers bring a unique perspective as guests of the Visiting Scholar in Conservative Thought and Policy program. This year’s series, the “American National Character Project” expands on the Benson Center’s 2019-20 theme, American Identities. The series is sponsored by the Ryan Foundation.The Founding generation recognized the importance of cultivating a national character, by which they meant the formation of “a people” dedicated to the principles of the American Revolution and the great experiment in self-government. Today, Americans are fragmented, disunited and unclear about what, if anything, they hold in common. The American National Character Project seeks to explore and identify principles and purposes that Americans do or might in the future share, and to discover how to provide a way forward for republican self-governance in America.Upcoming lectures in this series include Danielle Allen (Feb. 18), Stephen Cambone (Feb. 25), Daniel Mahoney (March 10), Yuval Levin (March 31) and William B. Allen (April 13). Tags:archive19-20 Share Share via TwitterShare via FacebookShare via LinkedInShare via E-maillast_img read more

Intelligent Design: A Gift that Keeps on Giving

first_imgIntelligent Design Intelligent Design: A Gift that Keeps on GivingEvolution News @DiscoveryCSCOctober 2, 2019, 4:14 AM Email Print Google+ Linkedin Twitter Share On a new episode of ID the Future, host Andrew McDiarmid looks at three new discoveries in nature that shout design.The cone snail has a harpoon as fast as a speeding bullet. Researchers are looking at it for design ideas for robots and medical devices. The humble dandelion’s seeds are so optimized for lift and flight time that scientists wonder about borrowing its design for parachutes. And there’s a species, the mantis shrimp, whose larvae have “flashlights” in their eyes similar to advanced optics designed by human researchers.Download the podcast or listen to it here.Photo credit: Dawid Zawiła via Unsplash. A Physician Describes How Behe Changed His MindLife’s Origin — A “Mystery” Made AccessibleCodes Are Not Products of PhysicsIxnay on the Ambriancay PlosionexhayDesign Triangulation: My Thanksgiving Gift to All Congratulations to Science Magazine for an Honest Portrayal of Darwin’s Descent of Man Evolution NewsEvolution News & Science Today (EN) provides original reporting and analysis about evolution, neuroscience, bioethics, intelligent design and other science-related issues, including breaking news about scientific research. It also covers the impact of science on culture and conflicts over free speech and academic freedom in science. Finally, it fact-checks and critiques media coverage of scientific issues. Share TagsAndrew McDiarmidbulletcone snaildandelion seedsflashlightsharpoonID the Futureintelligent designlarvaemantis shrimpparachutespodcast,Trending Email Print Google+ Linkedin Twitter Share Origin of Life: Brian Miller Distills a Debate Between Dave Farina and James Tour “A Summary of the Evidence for Intelligent Design”: The Study Guide Requesting a (Partial) Retraction from Darrel Falk and BioLogos Recommended Jane Goodall Meets the God Hypothesislast_img read more

News / Container lines offering more concessions adds to rates misery on intra-Asia trades

first_imgBut Mr Potty told The Loadstar the poor performance of intra-Asia lanes this year was not only a result of too much tonnage.“The rate situation is a combination of overcapacity and, to an extent, a reflection of rate declines on the long-haul trades. But compounding the issue are carriers offering additional concessions, like longer freetime. With the freight levels the way they are, such concessions only serve to further aggravate the situation.”Clearly intra-Asia, the world’s busiest tradelane with an estimated 35m teu, has not been exempt from the global crises in freight rates experienced this year. According to Drewry, although globally rates are forecast to rise moderately over the next 18 months, the all-time lows reached recently will cause substantial industry losses in 2016.As these losses drive further consolidation between major global shipping lines, through mergers, acquisitions and mega-alliances, niche intra-Asia carriers are also looking to cooperation to reduce operating costs and help them weather the downturn.Bangkok-based feeder carrier Regional Container Lines has entered a partnership with Yang Ming to pool resources and expand coverage through slot swaps, vessel chartering services and laden trucking and equipment interchange contracts.Many other carriers routinely operate vessel-sharing agreements and joint services across the vast intra-Asia tradelanes.Taipei-based Wan Hai Lines, another intra-Asia specialist, recently joined forces with MOL to launch a Japan-India-Pakistan service. Wan Hai was able to hold off Maersk Line to become the most profitable shipping line in 2015, disproving the common assumption that “big is best” when it comes to liner profitability.Another possible effect of weak intra-Asia trade has been the lack of significant port congestion seen across Asia since 2014, a year characterised by bottlenecks and delays. The most significant congestion this year has been in fast-growing Myanmar, according to MCC’s Mr Potty.“The congestion in Yangon reached a peak during the three-week Water Festival in April. The situation has improved, but it reached a point where ships faced delays of up to two weeks.”On the freight rate outlook for the remainder of 2016, Mr Potty said: “With recent increases in costs, particularly in oil/bunker prices, we hope to see a turnaround on some of the recent rate declines.”MCC has revised its intra-Asia 2016 forecast from 3-5% volume growth down to 2-3%. Hutchison’s Myanmar International Terminal Thilawa on the outskirts of Yangon Intra-Asia freight rates have hit rock bottom, with overcapacity and carrier concessions forcing prices to under US$10 on some lanes.“Rates in many corridors have been falling quite dramatically, sometimes plunging as much as 30% on some of the head-haul corridors from North Asia to South-east Asia,” said Naresh Potty, MCC Transport’s chief commercial officer.He added: “The rates from South-east Asia to North Asia are not faring any better, with some of the main corridors now selling for single-digit freight rates. This is simply not sustainable.”Weak demand and overcapacity meant depressed rates were already taking hold in Q4 15, when MCC Transport was forced to consolidate its network. The Maersk Line intra-Asia specialist and feeder carrier closed two services and removed six ships.center_img By Sam Whelan 08/07/2016last_img read more