Report Panama Canals LNG Tanker Traffic to Surge by 50 Pct

first_imgzoom The Panama Canal Authority expects to see a rise in the number of liquefied natural gas (LNG) tankers, mainly driven by increasing exports of fuel from the United States.Namely, the LNG tanker traffic would go up by 50 percent by September on the back of a growing global demand for LNG, Reuters said, citing Jorge L. Quijano, Panama Canal Authority’s CEO.During the final quarter of 2017, the canal welcomed 60 LNG tankers, up from 43 tankers received in the same quarter a year earlier. As the demand for LNG continues rising, the Panama Canal expects to see one LNG tanker sail through its locks each day, Quijano told Reuters.US exports via the Panama Canal decreased temporarily in September 2017, due to damages caused by Hurricane Harvey to several Texas and Louisiana ports, but recovered in the following months.LNG vessels, which have an average canal water time of 20.5 hours, including waiting and transit times, represent about 9 percent of transits through the canal’s new locks.Earlier in 2017, Quijano informed that the canal expects to nearly double LNG carrier transits through the waterway by 2020 driven by US exports of natural gas.“The shale revolution in the United States not only has produced a quantum leap in terms of technology and volumes, but has also become a catalyst for the development and rapid evolution of a growing spot market, swaps and short-term contracts that were unthinkable a few years ago,” Quijano said.Based on the canal authority’s figures, the LNG segment has been surpassing the canal’s original expectations of one transit per week, and on average, 5.2 LNG vessels have transited the canal per week.World Maritime News Stafflast_img read more

Delhiites celebrate Eid

first_imgNew Delhi: People dressed in traditional finery flocked to mosques here on an overcast Monday morning to offer ‘namaz’ on the occasion of Eid al-Adha. Scores of people, including former vice-president Hamid Ansari, offered prayers at the historic Jama Masjid on Parliament Street. Many also visited the Feroz Shah Kotla mosque. Soon after the ‘namaz’, people hugged each other and the mosques reverberated with greetings of “Eid Mubarak”. Also Read – After eight years, businessman arrested for kidnap & murder The celebrations were held amid tight security. Security in the national capital has been beefed up in view of Eid al-Adha, upcoming Independence Day and abrogation of the special status of Jammu and Kashmir under Article 370. Political leaders took to Twitter to extend greetings to people. Prime Minister Narendra Modi said he hoped that the festival will further the spirit of peace and happiness in the society. “My best wishes on the occasion of Eid al-Adha. I hope it furthers the spirit of peace and happiness in our society. Eid Mubarak!” he said. Delhi Chief Minister Arvind Kejriwal also wished everyone on Twitter. Eid al-Adha, also known as Bakrid or Id-ul-Zuha, marks Prophet Abraham’s sacrifice of a lamb after God spared his son, Prophet Ismail. It is also known as the festival of sacrifice.last_img read more

With heavy hearts families of murdered missing ready to share stories

first_imgAPTN National NewsThe families of missing and murdered Indigenous women gathered in Ottawa Thursday.They travelled from across the country to meet in advance of Friday’s national roundtable.It’s a full day to share, health and work on solutions to end the violence against women and girls.APTN’s Annette Francis has this story.last_img

JVP holds demonstration in Fort against VAT tax increase

The JVP, which backed President Maithripala Sirisena at the last Presidential election, said that the VAT is a burden on the public. The Janatha Vimukthi Peramuna (JVP) staged a demonstration near the Fort railway station today against the recent VAT tax hike implemented by the Government which resulted in the price of most vehicles and other products going up.JVP leader Anura Kumara Dissanayake and several other JVP members took part in the demonstration. The new 15 percent VAT was implemented recently but the Government insists that several items have been exempted. VAT was increased from 11 percent to 15 percent and among the items exempted are petrol and diesel and aviation fuel as well as wheat, rice, milk powder, mobile phones and healthcare services and education.However water, telephone charges and other key items have been included in the new VAT and this has resulted in strong opposition being raised against it. (Colombo Gazette) read more

With grim statistics and message of hope UN marks World Water Day

The United Nations marked World Water Day today with calls for more equitable distribution and efficient use of a scarce resource; a grim reminder that 6,000 people, mostly children, die every day from dirty water; and a message of hope for one of the planet’s poorest regions, Africa, springing from its rich potential for irrigation. “Let us recognize the cultural, environmental and economic importance of clean water, and strengthen our efforts to protect rivers, lakes and aquifers,” Secretary-General Kofi Annan said in a message.“We need to distribute water more equitably, and increase the efficiency of water use, especially in agriculture. Let us mount a sustained effort – among international bodies, Governments and local communities, and across traditions and cultures – that will reach our goals.”Mr. Annan warned that water continues to be wasted and degraded all over the world, in cities and rural areas alike, citing the grim statistics: 18 per cent of the world’s population lack access to safe drinking water; 40 per cent lack basic sanitation; every day, some 6,000 people, most of them children, die from water-related causes.The President of the General Assembly, Ambassador Jan Eliasson of Sweden, also underscored the scourge confronted by people in developing countries where families cannot grow crops, girls cannot go to school because they are walking long distances to fetch water and children die because of the lack of clean water.“We need to get the world back on track to meet the Millennium Development Goal of halving by 2015 the percentage of people without access to safe water,” he said in a statement.With 852 million chronically hungry people in the world today and a global population expected to increase by 2 billion people by 2030, the UN Food and Agriculture Organization (FAO) stressed that reducing hunger will only be possible if agricultural yields are significantly increased, and increased production will depend largely on investment in irrigation.“Underused water resources in parts of Africa offer great potential for irrigation, especially using simple and inexpensive technologies,” it said in a statement, noting that. Africa uses less than 6 per cent of its renewable water resources, compared with 20 per cent in Asia. Only 7 per cent of arable land in Africa is irrigated, compared with 38 per cent in Asia.Small-scale irrigation and drainage works carried out at the rural community level using local labour offer an effective, low-cost option. “Carefully designed water management strategies and programmes aimed at improving the efficiency and productivity of water use need to be put in place,” Pasquale Steduto, Chief of FAO’s Water Resources, Development and Management Service, said.In Bangkok, the Executive Secretary of the UN Economic and Social Commission for Asia and the Pacific (ESCAP), Kim Hak-Su, noted that although the region has the highest economic growth rates in the world, it also has the lowest per-capita fresh water availability, and the highest number of people living below the poverty line. “Over 600 million people live without access to safe drinking water and without appropriate sanitation,” he told a meeting on the future of the region’s water resources today, noting that last year per capita water availability was about 3,400 cubic metres (m3) per annum, while the world average was estimated at 7,600 m3 per annum.Furthermore, in 2005 Asia was home to 71 per cent of the total number of people in the world without access to improved sanitation, 58 per cent of those without access to safe water and 56 per cent of the world’s undernourished. read more

Maryland officials say contractor to pay 45M over flawed health exchange website

Maryland officials say contractor to pay $45M over flawed health exchange website by Brian Witte, The Associated Press Posted Jul 21, 2015 12:21 pm MDT Last Updated Jul 21, 2015 at 1:00 pm MDT AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to RedditRedditShare to 電子郵件Email ANNAPOLIS, Md. – Maryland officials say the main contractor in the state’s initially flawed health care exchange website has agreed to repay $45 million to avoid legal action over its performance.Attorney General Brian Frosh and Gov. Larry Hogan announced the agreement Tuesday between Maryland and Noridian Healthcare Solutions, which is based in North Dakota.Maryland’s website crashed right after opening Oct. 1, 2013 and later rebuilt it. Other states had similar problems. Oregon and Nevada abandoned their state-run exchanges and now use the federal one.Frosh says the company has agreed to pay $20 million upfront. The rest will come in yearly installments of $5 million for five years.Frosh says the payments represent a recovery of 61 per cent of the total paid to the company for the failed website. read more

Urban Meyer on Michigan Will we be defined by this game You

The Ohio State football team is just one game away from finishing an undefeated season, and although they are banned from postseason play, OSU coach Urban Meyer said the result of Saturday’s game versus Michigan will not define the season any more than it already would.“Will we be defined by this game? You usually are,” Meyer said Monday in his weekly press conference. “Regardless of what happens, this is the game.”The Buckeyes and Wolverines will meet for the 109th time in the long history of their college football programs Saturday at Ohio Stadium at noon. For the Buckeyes, it will be the final time they take the field this season, as NCAA sanctions from the “Tattoo-Gate” scandal have banned OSU from a bid in the Big Ten Championship game and bowl game.The Buckeyes, though, find themselves with an opportunity to finish the year 12-0.Rather than the bigger picture of clinching an undefeated season with a win, and potentially being in the running for an Associated Press national championship, Meyer said his team is “focused in” on their final opponent.“We just talked about winning this game,” Meyer said. “We’re not talking about what everybody is going to think a week from now, two weeks from now.”Redshirt senior outside linebacker Etienne Sabino said the rivalry with Michigan is all the motivation the Buckeyes need Saturday.“This is the game,” Sabino said. “This is a Super Bowl, this is the bowl game, this is national championship, this is everything for us.”Recognizing performances from Wisconsin winMeyer said senior defensive end John Simon, who he once again called the team’s “heart and soul,” was the team’s defensive player of the week after a four-sack performance against Wisconsin.Five other players were named defensive champions for their Wisconsin performances: redshirt junior safety C.J. Barnett, sophomore outside linebacker Ryan Shazier, junior safety Christian Bryant, redshirt senior Orhian Johnson and senior linebacker Zach Boren.For Boren, it was his first time being named a champion since converting from fullback to linebacker for the seventh game of the season versus Indiana.“I’ve gotten better. I can still get a lot better in a lot of different areas,” Boren said of his progress at linebacker. “I’m getting more and more comfortable.”Meyer called Boren’s conversion this season “one of the great stories … in college football, and certainly in Ohio State history.”“What he’s done, the selfless approach … what he would do for this team is extraordinary,” Meyer said. “Incredible human being and a great game.”Offensively, junior running back Carlos Hyde was named player of the week for his 87-yard, two-touchdown rushing performance, which included the game-winning, 2-yard touchdown in overtime. Two wide receivers, sophomore Evan Spencer and junior Corey Brown, the latter of whom had a 68-yard punt return touchdown on Saturday, were also named offensive champions.As a whole, however, Meyer said the offense “didn’t play very well,” and has to play better against Michigan.“It was bad,” Meyer said. “We have to open this offense up and trust that good things are going to happen.”In addition to his defensive recognition, Johnson was also named special teams player of the week. Meyer also acknowledged the blocking of redshirt senior Taylor Rice, Spencer, redshirt senior Stewart Smith and freshman Luke Roberts in leading Brown to his punt return touchdown.Simon was also named Big Ten Defensive Player of the Week, while Brown earned the Big Ten Special Teams Player of the Week award.No comment on MarylandThe University of Maryland made big news in the Big Ten on Monday, announcing that they will become the conference’s 13th member effective July 1, 2014. That means football matchups against the Buckeyes are within their near future, but Meyer had little to say about the announcement on Monday.“Yesterday … was the first time I even heard about it,” Meyer said. read more

Theresa May should invoke Article 50 within weeks says John Whittingdale

first_img‘I danced away demotion blues in Ibiza club’When John Whittingdale was sacked as culture secretary in Theresa May’s brutal Cabinet cull, he decided to try something new. “I went clubbing in Ibiza. It was great,” the 56 year-old MP says. “Dance music in a club is as much about the light show, the atmosphere and the volume as the music itself. If you listen to it in your car it’s not quite the same.”The therapy clearly worked. Two months on and Mr Whittingdale seems relaxed and satisfied, reflecting on his time doing a Cabinet job he never expected to be given.As one of the most senior ministers to campaign for Brexit, he is also deeply happy that the country voted his way.The core task that David Cameron handed him when he was appointed after last year’s general election – negotiating the BBC’s new Charter – is now largely complete. “A lot of parents in my constituency aspire to send their children to grammar schools,” he says. “The reason being that they are incredibly good schools, they produce extraordinarily good results.”Is he angry with Mrs May for sacking him? “Something like 10 members of the Cabinet left office so I didn’t feel I had been singled out – and it’s her prerogative.”As for his own future, Mr Whittingdale jokes that it is “unlikely” he will ever be offered the job as chair the BBC board. But he spent a decade as chairman of the Commons culture select committee and remains committed to pursuing his love of music and the arts.Perhaps he will return to Ibiza one day, and even try his hand as a DJ himself?“I think I’m a bit old for that,” he says. Want the best of The Telegraph direct to your email and WhatsApp? Sign up to our free twice-daily  Front Page newsletter and new  audio briefings. In his first major interview since he was left out of Mrs May’s Cabinet in July, Mr Whittingdale also sets out his three key red lines for the deal, including “absolute control” over migration and an end to contributions to the EU budget.His comments came as it emerged that Britons may have to apply for visas to travel in Europe once the UK leaves.A scheme apparently being debated by the executive body of the European Union suggests the 26-nation passport-free Schengen zone, which does not include the UK, could operate a visa programme. Under his Charter, the BBC must ensure its programming is “distinctive” and that its news coverage is “impartial”. Should Ofcom find it to be failing, the watchdog can impose fines, he warns.Brexit biasFor Mr Whittingdale, who broke ranks with Mr Cameron to campaign for Brexit, the BBC already has questions to answer about the bias in its coverage of the referendum.He accepts that covering Brexit was always going to be “horribly difficult” for the BBC.But, while he does not believe there was a “deliberate” plan to slant coverage against the Leave campaign, Mr Whittingdale does find fault with the pro-Remain “attitudes” from the broadcaster.“An awful lot was based on the assumption that we would vote to Remain and a lot of attention was given to the dire predictions,” he says.  This week will see the fruits of his work with the publication of the Charter, setting out the BBC’s future funding, governance and operational rules for the next 11 years.But Mr Whittingdale shows no desire to slope off quietly into retirement. He will be a critical fan of the broadcaster, and indeed of his own new party leader.In his first major interview since leaving the Cabinet, the Conservative MP for Maldon warns that the BBC must overcome its institutional bias against Brexit, and criticises the broadcaster for competing directly in ratings wars with ITV.He also calls on Mrs May to start the process for withdrawing from the EU within weeks and sets his key demands for her Brexit deal with Brussels, saying the government must win back “absolute control” over Britain’s borders.Poldark versus VictoriaAs Culture Secretary, Mr Whittingdale visited the impressive set of ITV’s flagship new costume drama, the glossy production of Victoria, starring Jenna Coleman as the young Queen. He clearly feels, however, that the commercial station is at an unfair disadvantage when it has to compete directly with the BBC’s new series of Poldark for Sunday night prime-time viewers. “My eyebrows do slightly go out when the flagship drama productions on the BBC and ITV for the autumn are Poldark and Victoria and they both go out at exactly the same time on a Sunday evening,” he says.  “The BBC gets licence fee so in a way ratings don’t matter so much for it. But in order to justify the amount of money they invest in it, ITV have to get a return.” Does he believe this amounted to a form of “institutional bias” against Brexit at the BBC? “Yes. That has always been part of the problem.“Probably most of the senior executives in the BBC were in favour of Remain and most of the staff – and the BBC is essentially an urban, London-centric organisation.”It wasn’t just the BBC. People in London generally had a completely different impression of the national mood from everybody outside London.” The BBC and other “establishment” media also seemed to be looking for evidence of an economic meltdown after the referendum result was announced, he says. “There was a sort of attitude of ‘let’s try and find as much evidence as we can that this is a disaster.’”Brexit BritainIn fact, Mr Whittingdale is clear that the establishment – including the former Chancellor, George Osborne – is being proved wrong to have emphasised the risks of leaving the EU so much. Clearly the period of withdrawal from the EU will not be easy, he says, “but most people have confidence in the underlying strength of the British economy which had nothing to do with whether or not we are in the European Union”.Leaving the EU is hugely complex and likely to take years. Mrs May has said she will not begin the formal process of exit negotiations by triggering Article 50 of the EU treaties until the early part of next year at the soonest, because the government needs time to prepare.Mr Whittingdale disagrees with her approach. “The Prime Minister has been admirably clear in saying that Britain has voted to leave so we are going to leave but until you embark on the formal process there will be some who will continue to suggest that somehow this can be fudged, that we can make some changes but still essentially remain a part of it and will attempt to find a way out,” he warns. Does he see any reason to wait until next year? “No. I personally would like to see it happen sooner than that. Article 50 is the beginning of the process rather than the end.“I don’t see what holds us back,” he says. “We do need to get the formal process under way. I don’t say that it has to happen tomorrow but I would like it to happen pretty soon, and by that I mean weeks, not months.” He is also clear that Mrs May’s Brexit deal should give British businesses “access” to the single market – but on three key conditions. Britain must have “absolute control” over immigration, the UK should pay nothing into the EU’s budget, and companies that do not trade with the EU must be set free from European regulations, he says.Grammar lessonsBrexit delays aside, how does he rate Mrs May’s performance as Prime Minister so far?“She is easily the most experienced of those who were standing for election and that shows every time she gets to her feet. She is an extremely accomplished Parliamentarian and minister.”Mr Whittingdale says he will “wait to see” whether she can deliver on her promise to tackle social divisions and inequality in society. But he strongly backs her radical plan to allow hundreds of new grammar schools to open across England. Theresa May must trigger the start of Britain’s formal withdrawal from the European Union within weeks, John Whittingdale says.In an interview with the Telegraph, the former culture secretary criticises the Prime Minister for delaying, warning that it leaves the door ajar for Remain campaigners hoping to stop Brexit.Mrs May has said she will wait until early next year before triggering Article 50 of the EU treaties, which would begin the formal two-year negotiating process that culminates in leaving. But Mr Whittingdale says he cannot see any reason to delay. “Article 50 is the beginning of the process rather than the end,” the leading Leave campaigner says.“We do need to get the formal process under way. I don’t say that it has to happen tomorrow but I would like it to happen pretty soon, and by that I mean weeks, not months.” He says he is “concerned” that such ratings wars will limit the ability of ITV to air costly costume dramas in future. “Not only does it inconvenience the viewer but also it makes it harder for ITV to demonstrate that spending a lot of money on high quality drama produces a return that makes it worthwhile.”Charter warsUnder the new Charter, the BBC will be regulated by the external watchdog Ofcom, rather than the discredited BBC Trust. A new board is also expected to include five government-appointed directors, including the chair and deputy chair, and will be more directly involved in the broadcaster than the Trust.But Mr Whittingdale reveals that some “hard-liners” in the corporation tried to block ministers from appointing any members of the BBC’s new board. Happily, he says, they seem to have backed down.last_img read more

British Army Commanding Officer suspended over unsafe use of kit

Want the best of The Telegraph direct to your email and WhatsApp? Sign up to our free twice-daily  Front Page newsletter and new  audio briefings. A British army officer has been summoned back from a training exercise in Canada over the alleged “unsafe” use of military equipment.The Commanding Officer of The Royal Dragoon Guards has been temporarily suspended from his position whilst an investigation is conducted.The officer, Lieutenant Colonel Ben Watts, has been flown back from Exercise Prairie Storm and will be have to explain himself to the Commander of 20 Armoured Infantry Brigade. His position will be filled by the unit Second-in Command for the duration of the inquiry.The investigation is looking into the inappropriate use of smoke dischargers that are used to simulate explosions.  These items are normally placed around the training area in Canada – seven times larger that Salisbury Plain – and are designed to be manually set off by training staff. The Telegraph understands some modifications may have been made to the smoke dischargers which could have made them unsafe.Lt Col Watts will be asked if he knew of, or directed, the alleged equipment modifications. The probe is not expected to last more than a week.An Army spokesperson said: “We can confirm that a Commanding Officer has been suspended whilst an investigation takes place, in line with normal practice.” The Royal Dragoon Guards, normally based in Catterick Garrison, North Yorkshire, deployed to Canada on May 15 to act as the enemy force for other units to ‘fight’ against in a series of wargames over the next few months.The British Army uses the area in Canada to practice military drills. Given the sparse location and lack of civilians it provides training opportunities on a scale that is not achievable in the UK.The Royal Dragoon Guards is an armoured reconnaissance unit tasked with operating ahead of other forces to find the enemy and seek out safe routes. The Regiment is an amalgamation of four previous cavalry regiments, that date back to 1685.One former Officer was Captain Oates who famously walked from his tent to his death, so as not to burden his comrades, during Robert Scott’s ill-fated expedition to the South Pole in 1912, allegedly saying ‘I’m just going outside for a walk. I may be some time’. read more

Update Well known drug addict accused of starting Kitty fire

Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)RelatedUPDATE: Man stabs wife, burns home over claims of infidelityOctober 18, 2017In “Crime”Teacher among seven homeless in West Ruimveldt fireMarch 12, 2015In “Crime”Update: Prominent Berbice businessman dies in fire; neighbour’s house guttedMay 4, 2015In “Crime” By Carl CrokerFirefighters were seen soaking the ashes“I peep through de crease and see de whole downstairs red” was what a mother of four related after an early morning fire gutted their lot 11 Railway Line Street two story wooden building in Kitty just around 1:00hrs.The Fire which ripped through three buildings at the corners of Sandy Babb Street and Railway Line Street in Kitty leaves scores homeless and millions in losses. A motor vehicle that was parked on the road was also burnt completely.One of the victims of the tragic fire, Althea Solomon who was renting the upstairs of the Lot 11 building, where the fire presumably started, related to Inews that she was happy she was able to save herself along with her two children even though all of her material things went up in flames.Althea Solomon and her children“All the children school clothes and other materials were destroyed in the fire” she said, while noting that she had to act fast since the fire was raging just beneath her and it was just a matter of time before the flooring gave way.”Is the smoke we smell that was coming through the crease in the hole, duh wha we smell and we get up and when I peep through de crease de whole downstairs red. We couldn’t  do nothing else we went right over the fire, I just get up in time fo save me and ma four children” related Solomon.She alleged that the fire was started by a “well known drug addict named Kevin Larkish”- who was reportedly occupying the lower flat of the lot 11 building- after his mattress caught fire. “Instead he pull out the mattress or call out for some body, he just left everything and run up de road and gan he way” said the distraught mother of four. The owner of one of the other burnt out buildings at lot 10 railway Line Street in Kitty, Dr Rambaran said that the two story concrete and wood building was rented to two tenants. One was a nurse who was at work at the time and as such she did not get to save anything. Dr Rambaran taking a photo of the fire aftermathDr Rambaran disclosed that she received a called just around 1:30 this morning informing her that the house was on fire. “Myself, my husband and my father came and saw that the whole place was in flames” she said.She related that the owners of the burnt out car could not save it since they live in a back lot and were trapped in their homes as the heat extruding from the fire prevented them from coming out to move the vehicle.Another tenant said his dog perished in the blaze since he did not have enough time to untie the animal after saving his two children who were asleep. Fire fighters reportedly responded promptly, but they were unable to save any of the three buildings as they were severely restrained in their efforts due to the lack of adequate water to douse the flames.Residents said that if the fire service had water, the third building which housed the Sundeen beer garden could have been saved.The owner of the now gutted beer garden, which also housed her dwelling quarters noted that billions of dollars went up in flames for her. According to the elderly woman, it was approximately 02:00hrs this morning when her children woke her up and she noticed that the building was already engulfed in flames. The Sundeen beer gardenWhen Inews arrived on the scene around 9:00hrs, firefighters were seen soaking the ashes as residents and passersby looked on. No individual was seriously harmed.Efforts made to contact Fire Chief, Marlon Gentle, proved futile.The Kitty fire was the second to hit the “A” Division in a matter of hours as just yesterday afternoon, an Agricola family of five lost their home to a fire suspected to be electrical in origin. (Additional reporting by Ramona Luthi) read more

NRW looks forward to further growth as iron ore focus pays off

first_imgNRW Holdings has reported year-on-year increases in revenue and earnings in the six months to December 31, 2018, and says its focus on securing work in the iron ore sector has started to pay off.Revenue came in at A$521.1 million ($370 million) for the six-month period, up 50.9% year-on-year, while earnings before interest, depreciation and amortisation rose from A$40.3 million in the six months to December 31, 2017, to A$74.3 million in the most recent half year.The company’s order intake in the six months totalled A$1 billion, increasing total work in hand to A$2.4 billion, it said.Jules Pemberton, NRW’s CEO and MD, said “Not only have we delivered incremental earnings growth, but we have been able to maintain strong cash flows through the period to reduce net debt to A$12.8 million and gearing to 4.3% despite an increase in capital expenditure driven by the purchase of key mining assets.“All businesses performed on or above plan and it is worth noting that the Golding business has now generated cash equal to its acquisition cost within the first 14 months of ownership.”The company, in previous outlook commentaries, mentioned NRW was looking to secure work on iron ore sustaining projects in Western Australia; a target that the company is starting to deliver on. Pemberton said: “Progress to date has been extremely positive following the awards of South Flank for BHP, in July 2018, the Koodaideri Plant site for Rio Tinto, announced in January 2019, and the award of Fortescue Metals Group’s Stage 1 Eliwana rail package, in February 2019.”On top of this, NRW Holdings also announced the acquisition of the RCR Mining Technologies (RCRMT) business last month. On this transaction, Pemberton said: “The RCRMT business has developed a wealth of intellectual property across a range of products and processes and are recognised as leaders by global resource clients The acquisition will allow the company to provide incremental services, in line with our strategic objectives, to a number of core clients common to both NRW and RCR MT and is a very strong foundation on which to build a broader maintenance services business.”last_img read more

Why being overworked can feel like being poor

first_imgTrump carries a wad of cash for tipping people in his back pocket instead of a wallet Contaminated tap water could lead to 100,000 cases of cancer in the US if people drink it their whole lives. Here’s how worried you should be. Since right after World War II, the president’s national security adviser has an unparalleled ability to influence events worldwide 10 things in tech you need to know today When you have scarcity — it could be money, food, or time — the argument is that scarcity occupies your mind and leaves you with less bandwidth for other things.Scarcity is the reason that the time-strapped CEO might be so focused on his workload that he misses his son’s baseball game or accidentally double-books a meeting with important clients. Scarcity is also the reason that the single mother might be so focused on not having enough cash to pay rent that she ignores the 300 per cent APR on a payday loan and signs up anyway.Rich or poor, every human being only has a certain amount of bandwidth to tackle life’s daily challenges, Shafir says. Take away part of that bandwidth, and that’s where we begin to unravel.Shafir described a study he performed that shows how distracting scarcity of money can be: WHAT DOES A single mother earning minimum wage have in common with a millionaire CEO with a calendar packed with back-to-back meetings?They both struggle to find a basic element needed to succeed: The mother never has enough money (or time, probably), and the CEO is constantly running out of time.While they have different needs, the effect of critical scarcity on their mental capacity to handle their problems is similar, according to a new book by Harvard economist Sendhil Mullainathan and Princeton psychologist Eldar Shafir.In Scarcity: Why Having So Little Means So Much, Mullainathan and Shafir use a number of experiments to explore how the struggle to find things we lack can both help and hinder us in our daily lives. Shafir told Business Insider: We went to a mall in New Jersey and put volunteers in front of a computer screen. We presented them with financial scenarios. For example, your car breaks down.While you’re thinking about these problems, we give you a simple test to complete. Then we tell you that your car will cost $150 to fix, which for most people is manageable.The rich and poor did well on these tests.Then, we give them the same car but tell them now it’s gonna cost $1,500 to fix. For low income people $1,500 is a serious challenge.We found that the poor did significantly less well than the rich on the tests in this example. These are people who perform equally well on this test when they weren’t thinking about these difficulties.But unlike the rich CEO in our earlier example, a poor single mother can’t take care of her bandwidth limitations as easily. The CEO can hire an assistant or delegate work to others. She’s on her own with limited resources to change her state.“When you’re poor, you can’t say ‘Hey, let’s be rich for a week! I’ll be poor the week after’,” Shafir says. “That’s what makes scarcity [for the poor] so overwhelming and all-consuming. It’s persistent.”What we can learn from scarcityShafir and Mullainathan have used their research to call for reforms in policy surrounding public assistance programmes in the US. For example, they argue that one of the reasons a large number of low-income people still don’t sign up for basic public assistance programs is that the process is too lengthy and time-consuming. They simply don’t have the bandwidth to deal.“When you give [a low-income person] a 30-page application form, you’ve given them a huge tax on bandwidth,” Shafir explains. The focus instead should be giving poor people tools to minimise problems and free up more bandwidth.“In some places in Europe for example, you’ve got childcare from 7am to 7pm everyday (not in Ireland, obviously). That gives you a lot of bandwidth. If we give you better childcare, better transportation, better baning, then we’d eliminate your bandwidth. You’d eat better, maybe take your medication on time, all of those things that there’s plenty of evidence that the poor don’t do.”The scarcity principle can be applied in the workplace as well. How often are employees distracted by email, phone calls from home or are over-committing themselves to projects they don’t have the bandwidth to complete?“[If you get] an email that distracts you before you go into the meeting, like an angry email from a spouse or a reminder of a deadline, then you will have damaged your performance in your meeting,” he says.  ”I think about being distracted in moments when I shouldn’t be distracted. We talk about slacking [in a negative way] … but there is value to introducing slack into the system.”Shafir himself has found himself stretched too thin often enough to realise he has to schedule a block of time in his day to catch up on work and breathe or else it won’t happen. By freeing up that time in his schedule, he’s making sure has time to increase his bandwidth and can tie up loose ends on lingering projects without having to shove them off for later.“It’s our responsibility to be the first ones to facilitate [that space] in our lives a little bit,” he says.- Mandi Woodruff23 scientifically-backed ways to reduce stress>Cutbacks causing stress among parents of children with autism>How to manage workplace stress>last_img read more

Découvrez la nouvelle éruption du Piton de la Fournaise en images

first_imgDécouvrez la nouvelle éruption du Piton de la Fournaise en imagesLe Piton de la Fournaise, volcan très actif de l’île de La Réunion, est à nouveau entré en éruption la nuit dernière. Le plan ORSEC Volcan a été déclenché.Hier soir à 22h42, le Piton de la Fournaise, sur l’île de La Réunion, est entré en éruption, au niveau de l’enclos Fouqué (nord-nord ouest du Dolomieu), selon l’Observatoire volcanologique. A 23h15, le préfet a déclenché l’alerte 2-2 (‘éruption en cours’) du plan ORSEC Volcan, interdisant jusqu’à nouvel ordre l’accès à l’enclos Fouqué par tous les sentiers, ainsi que le poser d’hélicoptère dans la zone du volcan.À lire aussiLe Kilimandjaro, un volcan dormant caché dans la plus haute montagne d’AfriqueUne augmentation de l’activité sismique, constatée depuis 8h du matin par l’Observatoire volcanologique du Piton de la Fournaise, indiquait l’imminence d’une éruption. La précédente, remontant au mois d’octobre, avait duré une quinzaine de jours. Ce volcan, de type hawaïen, est l’un des plus actifs de la Terre, se réveillant généralement deux à trois fois par an, pour quelques heures… ou quelques mois. Découvrez l’éruption spectaculaire du Piton de la Fournaise en vidéo :  Le 10 décembre 2010 à 12:21 • Emmanuel Perrinlast_img read more

Old Liberty Theater brings in variety of artists who like good acoustics

first_imgGiven ongoing lamenting about the lack of theaters and performing-arts venues in Vancouver and Clark County, here’s a reminder. The Old Liberty Theater in Ridgefield remains a well-kept secret — unless you’ve already got the place on your radar.The 200-seat Old Liberty attracts national and regional acts that emphasize fine playing, want great acoustics and really don’t belong in bars, according to longtime owner Don Griswold. Regular and recent guests include bluegrass band the Misty Mamas, acoustic guitar wizard Terry Robb, guitar-and-violin duo Fire & Grace, the global New World String Project and even comedy rockers The Strange Tones.“It’s a listening room,” Griswold said. “It’s an opportunity to have a concert experience and hear skilled players who’d rather not get stuck playing clubs.”Griswold never wanted to get stuck with a nightclub either. In 2001 Griswold and wife Earleen relaunched the historic Old Liberty (which first opened in 1946 as the Liberty Theater) with a strategy of offering special events, not nightly noise.“Great shows with great players,” Griswold said. “Not trying to be a club scene, not slinging whiskey every night.” But to generate more cash flow, he added, the front lobby became the Seasons Coffee Shop, open daily.last_img read more

CHVRCHES Drop New Single My Enemy With The Nationals Matt Berninger

first_img Listen: CHVRCHES New Single “My Enemy” chvrches-drop-new-single-my-enemy-nationals-matt-berninger News Twitter CHVRCHES Drop New Single “My Enemy” With The National’s Matt Berninger Hear the Scottish synth-pop band’s new single “My Enemy”Brian HaackGRAMMYs Feb 28, 2018 – 5:30 pm Matt Berninger, lead singer for the GRAMMY-winning alternative rock band The National made a surprising cameo in the music video for “Get Out,” the lead single from CHVRCHES forthcoming third album Love Is Dead. With the album’s May 25 release date fast approaching, the Glasgow, Scotland-based electropop act have brought Berninger back around as a featured vocalist on their new album’s second single “My Enemy.””We’ve all been huge fans of The National for a long time,” CHVRCHES singer Lauren Mayberry explained to NME, detailing that the two bands had shared a few festival billings together before becoming close while working on releases for Berninger’s 7-Inches For Planned Parenthood fundraising initiative.”[W]hen it came time to record ‘My Enemy,’ Iain [Cook] and Martin [Doherty] suggested I email Matt to see if he’d like to sing on it,” Mayberry adds. “We never realistically thought he’d have time to do it but he replied right away and recorded the track at his house the next day.”The resulting collaboration touches all the right notes of CHVRCHES trademark sound: it’s lyrically lush and sonically layered enough to wow crowds at festival stages, but also packed with hooks and catchy vocal melodies that should play well on radio and streaming platforms.center_img Email Facebook On the subject of the new album as a whole, Mayberry revealed that Love Is Dead is about, “coming to terms with the fact that there are great things in the world and there are awful things in the world and that you can’t get one without the other.”Pulling no punches in his own description of the new record, CHVRCHES’ guitarist and producer Iain Cook added, “we’re f*****, the world is f*****. But there’s an ellipses at the end. …Like, how did we get to this point? And how do we move on from this point? It’s ‘Love Is Dead, we’re f*****, what’s next?'”Getting The Latest Music News Just Got Easier. Introducing: GRAMMY Bot. Find it On KIK and Facebook MessengerRead morelast_img read more

CES 2019 TVs preview Get ready for 8K AI rollable OLED with

first_img LG TCL takes share from Vizio, Samsung stays strongI also asked Baker for recent market share numbers in general, in particular for TCL. The China-based manufacturer always seems to top Amazon’s best-selling TVs charts with its Roku TVs; its sets were featured in numerous Black Friday and Cyber Monday sales (including the 65-inch TV Baker cited), and its 6 series was my favorite TV of the year for the money.20-tcl-6-series-65r617-roku-tvThe TCL 6 series was CNET’s favorite TV of 2018 for the money. Sarah Tew/CNET Baker said TCL has grown by 60 percent for each of the last two years. Here’s his latest overall market share numbers for 2018 (January through October, the most recent month he had available) compared to the same period in the past two years, in both unit share (number of actual TVs sold) and revenue share (the dollar value of TVs sold). It shows that while TCL is growing fast, most of its share is in less-expensive TVs. Meanwhile perennial market leader Samsung continues to dominate, albeit less-so than in recent years. It lost 4% of unit share but only 2% of dollar share, indicating that it’s selling fewer TVs overall but still crushing its rivals in high-end TV sales. The biggest loser in both unit and dollar share is Vizio, which fell by 8% and 9% respectively. It competes in basically the same market as TCL, so I’ll be interested to see what strategies the big “V” employs in 2019 to try to stem the TCL tide. 11% Q3 2018 6% 7% 11% 3:06 Now playing: Watch this: 8K for sale! Get yer 8K TVs, rich guy!Samsung just started selling the first 8K TV in the US, the $15,000 85-inch Q900, and LG showed an 88-inch 8K OLED at IFA in Berlin, targeting a 2019 sale date. At CES 2019 you can expect more higher-than-4K-resolution TVs to be announced, not only from Samsung (which is already selling smaller, cheaper 8K TVs in Europe) and LG, but perhaps from Sony, Vizio, TCL and Hisense. 8K TV: What you need to knowAll of these TVs will likely be very expensive in 2019, and I don’t expect the resolution increase alone to be worth the cost. But over the next few years, 8K will likely come down in price and start to become the default resolution for very large screen sizes, much like 4K is already the default for TVs 55 inches and above.Whooo wants an 8K TV?  Sarah Tew/CNET Bigger and higher defferSpeaking of very large screens:”The main trend is clearly big screen TVs, really big screens, continuing to be a growing part of market,” says Stephen Baker, vice president of industry analysis at NPD Group. “And of course you saw a manifestation of that during Thanksgiving with the $398 65-inch TVs Walmart was selling.”Here’s Baker’s quarterly sales numbers for TVs sized 65 inches and above, showing a gradual yet steady increase nearly every quarter (Q4 2018 numbers were not available at press time). LG Now playing: Watch this: 7% 15% 2018 Q2 2017 12% Q1 2018 8% Q1 2017 11% 9% 9% Q3 2017 Q2 2018 TCL Q2 2016 4% 9% 9% Ready or not, the 2019 International CES — aka Nerds in Vegas — is just around the corner. And for TV hardware nerds like me, it’s like a second Christmas. CES is the place where TV makers unveil their latest creations, both “stuff we’re going to sell this year” and “wacky concepts and new tech we may never sell, but looks hella cool.” The massive booths and sprawling show floor lend themselves to big screens used in creative ways, which helps explain why CES seems more about televisions than any other kind of gadget. Amazon’s Fire TV Cube gives you and Alexa hands-free… 12% 37% Comments Q3 2016 2018 US TV market share by units sold, Jan. – Oct. 2% Samsung 15% 6% 22% 35% 21% 19% 14% TVs of CES 2018 US TV market share by revenue, Jan. – Oct. 35% 6% This year it could come closer to market in smaller sizes. The technology is still a few years away, however, so I don’t expect a consumer version to appear this year.Wait, what about HDMI 2.1?Some folks might be wondering whether the TVs of 2019 will finally support the latest HDMI standard, 2.1, which delivers higher bandwidth for certain kinds of 8K video, among other benefits. I’d be surprised if any of the TVs announced at the show, or shipping in the first half of the year, fully comply with the HDMI 2.1 standard — although some TV makers might claim HDMI 2.1 compliance anyway.The thing is: it’s not a big deal unless you’re buying an 8K TV.  For just about all of the 4K video available today, the HDMI connections on current TVs are sufficient. HDMI 2.1: What you need to knowSamsung’s 8K Q900, for example, can handle some HDMI 2.1 extras, specifically Variable Refresh Rate, High Frame Rate (HFR) and Dynamic HDR. The TV’s HDMI inputs will not handle 8K resolutions at 60 frames per second, however, maxing out at 8K/30. Once 8K/60 content from HDMI devices available — most likely from PCs first — that might be an issue. We’ll be thereMy boldest predictions yet: I’ll be at CES to sort through all the new screens in person, and there’s gonna be a lot of ’em. Follow us at @CNET for the latest CES news in general, and me @dkatzmaier for TV tech specifically. Should be fun!This article was first published on December 20, 2018. Updated January 3, 2019 to mention Sony Master Series TVs’ far-field mic.CES 2019: Check out all of CNET’s coverage of this year’s tech wingding.Best TVs of 2018: The top sets in every category. Q1 2016 9% 26% 13% Why? Aside from the obvious answer of “because they can,” a roll-up TV is truly useful. As I wrote last year: “One of the worst things about big-screen TVs is the necessity for a massive swath of black plastic taking up a chunk of wall when it’s turned off. With a rollable TV that’s no longer an issue, and that practicality is the main reason I think LG Display will want to perfect this technology and help manufacturers bring it to market sooner rather than later.”Looks like “sooner” will win. Brand 10% 2017 Brand 2016 TVs Element 50 Photos So what TVs can you expect at CES 2019? I have some educated guesses. In fact, most of the TV makers have already told me about a lot of the stuff they’re gonna have at the show. I can’t officially reveal it yet, but what you’re about to read provides a pretty good approximation of what I know. That said, there’s always a surprise or two in store.Rollin’ with the OLED homiesFrankly, I was as surprised as anyone to learn that the coolest concept TV of last year’s CES — an OLED TV that can roll up like a poster to disappear inside a trim, little box — is reportedly going on sale in 2019. Samsung’s huge 146-inch TV is called The Wall 2017 Market share of 65-inch and larger TVs 12% 7% 11% Q4 2017 Samsung Q900 85-inch 8K TV hands-on: A beautiful beast TCL 9% 2016 5% Q4 2016 LG’s rollable OLED TV could ship in 2019— David Katzmaier (@dkatzmaier) December 18, 2018 ‘AI’ meets picture-quality enhancementsIt’s tough to market picture quality. Terms like “full-array local dimming” and “HDR10 and Dolby Vision high dynamic range” don’t exactly roll off the tongue. You know what does? “AI.”LG has already associated artificial intelligence with its built-in Google Assistant, but the next step is telling buyers that AI algorithms can improve picture quality. Samsung got that ball rolling with its Q900 8K TV — it says AI helps improve the necessary upconversion from 4K to 8K by using algorithms to examine a dataset of 4K video and better adapt it to 8K — and where Samsung’s marketing goes, others follow. Samsung The Wall MicroLED David Katzmaier/CNET Micro-LED: Another brick in The Wall against OLEDFlat, stiff non-8K OLED TVs — which continue to deliver the best picture quality available — are selling better than ever. Baker says OLED’s share of TVs over $1,000 has grown to 15 percent in 2018, up from 11 percent in 2017.That means companies that don’t sell OLED, in particular Samsung, are doing their darnedest to come up with an alternative. The high-end Q9 QLED came closer than ever, but even it can’t escape the inherent issues of LCD-based displays. Enter Micro LED, which Samsung introduced last year with The Wall — a 146-inch modular “TV” that made a big splash at CES last year. It promises all of the great picture quality of OLED (perfect black levels, improved-off-axis viewing) along with superior brightness and less of a propensity for burn-in. Vizio 19% 18 Share your voice Sony 25% 2:30 Vizio 9% 15% 10% 1:14 Samsung 13% Now playing: Watch this: Tags CES 2019 Keep talking to the TVAlexa and Google Assistant have been built into TV remotes for the last few years, and more and more sets also support hands-free (no remote required) voice commands if you own an Echo, Google Home, Sonos One or other smart speaker. For 2019 I won’t be surprised to see TV makers take it a step further: by building a far-field mic into the TV itself so you don’t even need a separate speaker.Sony has already done so with its 2018 high-end Master Series OLED and LCD TVs, and could do so again in 2019, perhaps with more affordable models. Toshiba says most of its 2019 TVs for the European market will have these so-called far-field mics for hands-free Alexa control. It seems like a natural next step for 2019 Amazon Fire TV Edition sets too, especially given how well Amazon’s Fire TV Cube is able to “listen” without being affected by the blare of TV speakers. Look for other TV makers to follow suit.last_img read more

Dubai showcases a multitude of different ways to experience the emirat

first_imgDubai showcases a multitude of different ways to experience the emirateDubai’s Department of Tourism and Commerce Marketing (Dubai Tourism) will use this year’s Arabian Travel Market (ATM), to showcase why Dubai’s breadth of offer and its appeal to a diverse range of audiences continues to drive the growth of tourism numbers to the Emirate.The Dubai stand at ATM (Dubai World Trade Centre, 4-7 May 2015), will portray a multitude of different ways to experience the city through a series of content and on-stand activations. Present on the stand will also be more than 100 of the destination’s tourism industry stakeholders, from governmental partners to hotels, tour operators and destination companies. Particular focuses will include the cultural heritage of Dubai, family attractions and the city’s year-round calendar of events.During the exhibition, Dubai Tourism will also be releasing its inaugural Annual Visitor Report, a collation of key tourism metrics, trends and insights that provide background into why Dubai continues to rise through the ranks of most-visited global tourism destinations.Visitors to the stand, who will include among them the most influential decision makers in the global tourism industry, will be able to experience the extraordinary views of Dubai offered by Dubai 360, the online interactive tour of the city launched in January this year. Immersive ocular technology will enable visitors to virtually discover Dubai from above, and then dive into the city via hundreds of pieces of panoramic video and photo content.Providing a completely different perspective, 12 mini-documentaries following the journeys of 12 of the world’s most popular instagrammers experiencing tailor-made itineraries of Dubai will be on show. Titled ‘MyDubaiTrip’, the project was a partnership between Dubai Tourism and social-travel experts Peeta Planet, and saw the instagrammers visit Dubai in late 2014 to experience itineraries curated by 12 of the Emirate’s most popular social-media storytellers.With a view to showcasing the cultural aspects of Dubai, the Sheikh Mohammed Centre for Cultural Understanding (SMCCU) will have a dedicated area on the stand, where SMCCU representatives will give various presentations on all aspects of Emirati culture throughout the four days of the show, including raising awareness of the unique attraction of Ramadan as a period to visit Dubai. Meanwhile, a special gastronomy area will showcase homegrown dining concepts as well as authentic Emirati and fusion restaurants, complete with daily food tastings for guests.With events one of this year’s key focuses, Dubai Festivals & Retail Establishment (DFRE), an agency of DTCM, will be on the stand to promote Dubai’s world-class festivals calendar, including its upcoming summer programme that involves Ramadan in Dubai, Modhesh World, Eid in Dubai and the much-awaited Dubai Summer Surprises. Dubai Calendar will be showcasing the year-round calendar of events, continual enhancements to which have led to Dubai being crowned the winner of the Top World Festival and Events City Award by the International Festivals and Events Association.During the week, Dubai Tourism will host more than 200 industry buyers from 30 countries around the world, all of whom have never visited Dubai before, and many of whom are from emerging markets that present significant potential growth. Prior to ATM, the buyers will experience a three-day itinerary that will showcase different facets of Dubai, from activities in the desert and city, to cultural experiences; a tour of Dubai Marina on the Dubai tram and a tour of the Dubai coastline, onboard both a Dubai Ferry – in partnership with the RTA (Roads and Transport Authority) – and a 65ft yacht. The buyers will also participate in a number of hotel inspections, including the newly opened Taj Dubai, located in Downtown.Commenting on Dubai’s participation in ATM, Issam Kazim, Chief Executive Officer of Dubai Corporation for Tourism and Commerce Marketing (DCTCM), said: “Arabian Travel Market brings the global travel industry to Dubai, thus providing the perfect opportunity to promote our destination offering and showcase why the emirate continues to rise through the ranks of the most visited cities in the world. Month on month, the offering continues to be enhanced with new hotels, attractions, restaurants and experiences, and a vital part of our role is to demonstrate that there are many different ways to experience Dubai, and many different audiences that can create their perfect holiday or business trip here.“Our focus this year is on using different forms of content to showcase Dubai through different perspectives, whether that’s the breath-taking views offered by Dubai 360; talks about Emirati heritage and the culture of the region from SMCCU; food from the kitchens of our homegrown restaurants; or the experiences of the city as shared by its residents and visitors through His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum’s #MyDubai initiative.”The three-storey Dubai stand will host 100 co-participants including government bodies such as Dubai Healthcare City, Dubai Police, Dubai Culture, Roads and Transport Authority (RTA), Department of Naturalisation and Residency Dubai (DNRD), and Dubai Health Authority (DHA), as well as travel industry partners such as hoteliers, tour operators and destination management companies.The 2015 Dubai Pocket Guide will also be launched during ATM. This handy, user-friendly consumer guide offers a wealth of information, tips and advice, and is an invaluable resource for visitors both at the initial holiday planning stage and once on the ground in Dubai. A dedicated Theatre Room, meanwhile, will be used for various demonstrations and presentations about Dubai’s tourism offerings.Dubai Green Tourism AwardsThe Dubai Green Tourism Awards 2015, taking place at 11am on 6 May in DWTC’s Al Multaqua Ballroom, will honour and recognise the hospitality industry’s contributions to a sustainable environment. The prestigious event will see DTCM award tourism businesses that have made especially significant efforts in the sustainable and green tourism sector. There will also be a panel discussion on the Future of Eco-Tourism in Dubai.Arabian Travel Market is taking place 4-7 May at Dubai World Trade Centre. The Dubai stand is located at Stand Number UAE3140/UAE3110. Source = Dubai Tourismlast_img read more

A Reprieve for Homebuyers With Student Loans

first_img in Daily Dose, Data, Featured, News Share Bill 334 DS News Federal Reserve Bank of New York Homebuyers homes HOUSING LendingTree mortgage Ohio Senator Schiavoni Student Debt 2018-11-26 Radhika Ojha November 26, 2018 972 Views center_img A Reprieve for Homebuyers With Student Loans A recently proposed Bill in Ohio is likely to help more homebuyers achieve their dream of homeownership. Senate Bill 334, which was introduced in the Ohio Senate in November is likely to help around 400 low- to middle-income families afford housing by canceling out much of their student loan costs, according to Ameritech Financial. These provisions in the Bill are also aimed at encouraging college and vocational school graduates stay in the State.“Too many Ohioans who are saddled with student loan debt aren’t buying homes and that is hurting their future financial prospects, contributing to brain drain and stifling our housing market,” said Sen. Joe Schiavoni, who introduced this Bill in the Ohio Senate. “The plan will incentivize new graduates to stay here in Ohio and will stabilize neighborhoods at the same time.”According to a statement by Schiavoni, homebuyers would be eligible to have 20 percent of the home’s cost forgiven at closing and as long as they made their mortgage payments on time, homeowners would no longer be required to pay on their student loans. However, if the homebuyer’s debt exceeded 20 percent of the home’s cost, they would be required to pay the remaining debt at closing.”Senate Bill 334 is based on the Maryland SmartBuy program, which started in 2016 and has already eliminated $1 million in student debt,” Schiavoni’s statement said. “After its initial success, the Maryland legislature recently expanded the program, making available an additional $3 million for new homebuyers.”Homebuyers would have to live in the purchased home for five years for them to be able to get the full benefit of this Bill, according to Ameritech Financial. “But for locals struggling with long-term living situation choices, this could be a huge boon. Even better, it would also work with the first-time buyer programs currently available in Ohio, as well.”According to the Federal Reserve Bank of New York’s Quarterly Report on Household Debt and Credit, U.S. student loan debt increased by $37 billion in Q3, up to a total of $1.44 trillion total as of September 30. A recent LendingTree analysis found that the median debt balance for millennials living in the 50 biggest U.S. cities is $23,064. This massive financial burden must inevitably send ripples out through the larger economy, but is there a correlation between higher education costs and the rate of foreclosures? A new video by MReport’s sister publication, DS News, looked at a recent study from the journal Demography, which analyzed the potential impact of families with children seeking higher education on the rate of foreclosures.Click here to view the DS News video.last_img read more

The 5 Takeaways from the Coyotes introduction of

first_img The 5: Takeaways from the Coyotes’ introduction of Alex Meruelo Walker’s release was no surprise, since the fifth-year veteran tweeted Friday that he was going to be cut.Taylor, however, tweeted Friday that he was going to make the team.As the Cardinals approached their final roster moves, the Arizona State product tweeted this message that seemed to contradict his earlier announcement.What a difference 24 hours makes— Kerry Taylor (@KerryTaylor15) August 31, 2013 The Arizona Cardinals released five players Saturday and placed two on the injured reserve in order to finalize their roster in preparation for the regular season.The Cardinals announced they have released tackle Jamaal Johnson-Webb, linebacker Kenny Rowe, defensive tackle Padric Scott, wide receiver Kerry Taylor and linebacker Reggie Walker.In addition, the team placed tight end Jeff King (knee) and defensive tackle Ricky Lumpkin (shoulder) on the injured reserve. Comments   Share   Derrick Hall satisfied with D-backs’ buying and selling Former Cardinals kicker Phil Dawson retires Taylor played in Cardinals final game of the 2012-2013 season and caught nine passes for 122 yards during this preseason.The team’s moves Saturday trimmed the active roster down to 53 players. Top Stories Grace expects Greinke trade to have emotional impactlast_img read more

Should the United

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Report says Youth Wing of the Christian Association of Nigeria. Ikeja. read more