ATHENS — Celestyal Cruises has unveiled its brand new Aegean cruise brochure, which invites travellers to ‘Sea More’ in 2017.Running from March through September, Celestyal’s Aegean program features all-inclusive cruises to 13 destinations in Greece and the Greek Islands, the most it has offered in its history. Readers will find information on three-, four- and seven-day Eastern Mediterranean itineraries, new ports of call, plus full-page deck plans of the Celestyal Olympia and the Celestyal Nefeli, the cruise line’s newest vessel.Season highlights include the new ‘Euphoric Aegean’ cruise, which visits Chania and Nafplion (both new), Cesme, Mykonos, Rhodes, Santorini and Izmir onboard the 400-cabin Nefeli. Meanwhile, the 724-cabin Celestyal Olympia will continue to operate the ‘Iconic Aegean’ cruises, taking passengers to ancient cities like Ephesus and Rhodes.Celestyal’s special cruise programming entitled ‘Stories of Greek Hospitality’ returns for its second year. Plus, travellers should note that all 2017 cruises offer all-inclusive package options, which include cabin accommodations, all service, charges, unlimited international beverages and local Greek wines and spirits, meals prepared by master chefs and shore excursions led by local guides.More news: Sunwing to further boost Mazatlán service with new flights from OttawaThe 2017 Aegean cruise brochure is now available for digital download on celestyalcruises.com. Requests for print copies can be made to Sales Manager Cindy Burton at firstname.lastname@example.org. Posted by Travelweek Group << Previous PostNext Post >> Share ‘Sea More’ in 2017 with Celestyal Cruises’ new Aegean cruise brochure Tags: Celestyal Cruises Wednesday, November 30, 2016
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Share Travelweek Group Blow dry bar: As the first standalone blow dry bar at sea, To Dry For will offer blowouts, hairstyling and polish changes, plus a selection of wines and champagnes. This will be the perfect place for a quick beauty fix before a night out.More news: Direct Travel names Smith as Senior VP, Leisure Marketing, North AmericaMore family fun: Glow-in-the-dark laser tag, mini-golf and the Royal Escape Room: The Observatorium will all provide endless hours of fun. Plus, the Adventure Ocean youth program will boast a newly designed open, free play space, while the teen areas will be refreshed with a new ‘hidden’ entrance and outdoor deck.When the Navigator arrives in Miami after its modernization, it will sail a series of five- and nine-night Caribbean itineraries before embarking on short getaways to The Bahamas starting in May 2019. It will become the first ship to visit Perfect Day at CocoCay, the debut destination in the cruise line’s recently announced private island collection. Following a $200 million makeover, the destination will be home to Thrill Waterpark featuring the tallest waterslide in North America, the Caribbean’s largest freshwater pool, a helium balloon that floats up to 450 feet in the air, as well as numerous water sports and activities. MIAMI — What’s a blow dry bar? Book a cruise on Royal Caribbean’s Navigator of the Seas to find out.Following a US$115 million modernization, the ship will feature a record-breaking number of new experiences on three- to four-night Caribbean cruises, starting with a Feb. 24, 2019 departure from Miami. From May 2019 onward, the Navigator will offer short Caribbean itineraries that include a visit to Royal Caribbean International’s highly anticipated private island in The Bahamas, Perfect Day at CocoCay.“Each Royal Caribbean ship brings a new adventure uniquely designed to deliver on our guests’ preferences from A to Z,” said Michael Bayley, President and CEO, Royal Caribbean International. “After launching our Royal Amplified modernization program with Independence of the Seas and then redefining short getaways with Mariner of the Seas, we are challenging ourselves to take it to the next level. Every detail matters, and we’ve mapped out an unmatched combination of innovative features and experiences for this top-to-bottom transformation of Navigator of the Seas.”Enhancements on the Navigator of the Seas include the following:Two new waterslides: The Blaster, the line’s first-ever aqua coaster and the longest waterslide at sea, will include a two-person raft that floats through over 800 feet of hills, drops and straightaways. Meanwhile, Riptide will plunge guests down the industry’s only head-first mat racer.More news: Marriott Int’l announces 5 new all-inclusive resorts in D.R. & MexicoReimagined poolscape: The resort-style deck will take on a new look with a Splash Pad for tots and the two-level ‘The Lime and Coconut’ bar. Grab-and-go eateries will also be available, including El Loco Fresh for Mexican street fare and Johnny Rockets Express for American classics. More nightlife: The Bamboo Room, first introduced on Mariner of the Seas, is the cruise line’s Polynesian-themed watering hole with kitschy cocktails and tiki-chic décor. Guests hoping to catch the big game can do so at Playmakers Sports Bar & Arcade, featuring 50 big screens, tabletop games, tournaments, trivia and a new Owner’s Box VIP room. Tags: New Ship, Royal Caribbean International Posted by Waterslides & industry’s first blow dry bar coming to Navigator of the Seas Elevated dining: Having originally debuted on Voyager Class, the line’s signature Royal Promenade will boast new restaurants including Jamie’s Italian by celebrity chef Jamie Oliver. There’ll also be Hooked Seafood and a new Starbucks. Friday, November 2, 2018 << Previous PostNext Post >>
The 5: Takeaways from the Coyotes’ introduction of Alex Meruelo Top Stories 13. Dallas Cowboys (5-4)Shift: ▼6Hi: 13Lo: 14Comment: I’m no coach, but CAN SOMEONE PLEASE HELP OUT THE LEFT TACKLE? — MarottaNext: vs. Philadelphia14. Detroit Lions (4-4)Shift: ▲1Hi: 13Lo: 15Comment: With a win over the Bears, Detroit could set up a very big game against Minnesota the following week at Ford Field. — MorganNext: at Chicago15. Buffalo Bills (5-4)Shift: ▼2Hi: 14Lo: 17Comment: Loud cheer when Nathan Peterman replaced Tyrod Taylor. — BurnsNext: at LA Rams16. Oakland Raiders (4-5)Shift: ▲1Hi: 15Lo: 19Comment: The AFC West is suddenly up for grabs… but they get the Patriots next. — LapinskiNext: vs. New England17. Green Bay Packers (5-4)Shift: ▲3Hi: 15Lo: 18Comment: Credit the Packers for staying alive with a win in Chicago, but this playoff chase is going off the rails very soon. — MorganNext: vs. Baltimore18. Washington Redskins (4-5)Shift: ▼4Hi: 15Lo: 18Comment: The Redskins aren’t very good, but they’re entertaining. — MarottaNext: at New Orleans19. Baltimore Ravens (4-5)Shift: ▼1Hi: 17Lo: 21Comment: With games against the Packers, Texans, Browns, Colts and Bengals left, the Ravens are somehow still in this. — LapinskiNext: at Green Bay 20. Arizona Cardinals (4-5)Shift: ▲1Hi: 19Lo: 25Comment: Very easily could win Sunday feeding delusionary dreams of a possible playoff berth. — BurnsNext: vs. Seattle (Thursday night)21. Los Angeles Chargers (3-6)Shift: ▲2Hi: 19Lo: 25Comment: If you got rewarded for just barely losing, the Chargers would be unstoppable. — LapinskiNext: vs. Buffalo22. New York Jets (4-6)Shift: ▼3Hi: 20Lo: 24Comment: Just when you think the Jets will break through on the road, they soil themselves in Tampa. — MarottaNext: Bye Week23. Houston Texans (3-6)Shift: ▼1Hi: 21Lo: 26Comment: Bill O’Brien: “I haven’t done a very good job of coaching this football team.” World: “Duh.” — MarottaNext: vs. Arizona24. Denver Broncos (3-6)Shift: —Hi: 21Lo: 27Comment: The Broncos have dropped back-to-back games to the Patriots in Denver for the first time since 1966. — MorganNext: vs. Cincinnati25. Miami Dolphins (4-5)Shift: —Hi: 20Lo: 27Comment: 0-3 in prime time game this year. Outscored by 67 in those games. — BurnsNext: vs. Tampa Bay26. Tampa Bay Buccaneers (3-6)Shift: ▲3Hi: 23Lo: 28Comment: Ryan Fitzpatrick is 1-0 as a starter this season. — LapinskiNext: at Miami 2 Comments Share Here’s a look at our 1-32 pecking order heading into Week 11.Ties will go to the team that receives the majority of higher rankings from our panel.Burns | Lapinski | Marotta | MorganWeek 11 CompositeBiggest Risers: Atlanta Falcons ▲4Biggest Fallers: Dallas Cowboys ▼6 27. Cincinnati Bengals (3-6)Shift: ▼1Hi: 23Lo: 27Comment: Surprise: Vontaze Burfict was ejected in the second quarter of a loss to Tennessee after pushing the arm of an official. — MorganNext: at Denver28. Chicago Bears (3-6)Shift: —Hi: 25Lo: 29Comment: If John Fox challenges this ranking, we’re moving the Bears down even further. — LapinskiNext: vs. Detroit29. Indianapolis Colts (3-7)Shift: ▼1Hi: 28Lo: 29Comment: It’s Week 11 and Andrew Luck is in Europe. That pretty well sums up their season. — LapinskiNext: Bye Week30. San Francisco 49ers (1-9)Shift: —Hi: 30Lo: 30Comment: Did Beathard make it tough to make the Garoppolo switch during the bye week? (answer…no) — BurnsNext: Bye Week31. New York Giants (1-8)Shift: —Hi: 31Lo: 31Comment: Can the Giants catch the Browns? Such intrigue. — MorganNext: vs. Kansas City32. Cleveland Browns (0-9)Shift: —Hi: 32Lo: 32Comment: This team is an argument for Premier League-type relegation. An embarrassment in every way. — MarottaNext: vs. Jacksonville Grace expects Greinke trade to have emotional impact Through 10 weeks of the NFL season, we’re finally getting a separation between the haves and the have-nots of the league.However, after about the top 10 teams, there’s 22 mediocre-to-bad squads right now.The Philadelphia Eagles hold on to the top spot for another week even though they were on their bye. The New England Patriots won their 12th straight road game, taking apart the Denver Broncos in the process. The Pittsburgh Steelers, New Orleans Saints and the Minnesota Vikings all kept chugging along, notching wins varying in impressiveness. 1. Philadelphia Eagles (8-1)Shift: —Hi: 1Lo: 2Comment: Putting some serious distance between themselves and rest of the NFC East. — BurnsNext: at Dallas2. New England Patriots (7-2)Shift: —Hi: 1Lo: 2Comment: Tom Brady’s 86th regular-season road win was well timed. He broke a tie with Peyton Manning for most all-time — in Denver. — MorganNext: vs. Oakland3. Pittsburgh Steelers (7-2)Shift: —Hi: 3Lo: 5Comment: Lackluster win over Colts — maybe spend less time coordinating celebrations? — MarottaNext: vs. Tennessee (Thursday night)4. Los Angeles Rams (7-2)Shift: —Hi: 3Lo: 6Comment: McVay coaches like a millennial playing Madden – just keep scoring, no matter how much you’re up. — LapinskiNext: at Minnesota5. Minnesota Vikings (7-2)Shift: —Hi: 3Lo: 6Comment: Keeping waiting for Case Keenum to wake up and realize he’s Case Keenum. — BurnsNext: vs. LA Rams Derrick Hall satisfied with D-backs’ buying and selling Former Cardinals kicker Phil Dawson retires 6. New Orleans Saints (7-2)Shift: —Hi: 3Lo: 6Comment: New Orleans set a franchise record by scoring 6 rushing TDs against Buffalo. The Saints totaled 298 yards on the ground. — MorganNext: vs. Washington7. Kansas City Chiefs (6-3)Shift: ▲1Hi: 7Lo: 8Comment: Curious to see how the bye week affects the slumping Chiefs. — MarottaNext: at NY Giants8. Carolina Panthers (7-3)Shift: ▲2Hi: 7Lo: 10Comment: Cam is playing well and the defense is getting after it. — BurnsNext: Bye Week9. Seattle Seahawks (6-3)Shift: —Hi: 8Lo: 9Comment: How far can they go in the absence of Richard Sherman if the offense doesn’t step up? — LapinskiNext: vs. Atlanta (Monday night)10. Jacksonville Jaguars (6-3)Shift: ▲1Hi: 8Lo: 11Comment: The Jaguars needed OT, but they beat the Chargers for their first three-game winning streak since 2013. — MorganNext: at Cleveland11. Tennessee Titans (6-3)Shift: ▲1Hi: 10Lo: 12Comment: Haven’t lost in a month. Then again, they’ve played the Colts, Browns, Ravens and Bengals in that stretch. — LapinskiNext: at Pittsburgh (Thursday night)12. Atlanta Falcons (5-4)Shift: ▲4Hi: 11Lo: 12Comment: I hope Adrian Clayborn is leaving Chaz Green a really nice tip. — BurnsNext: at Seattle (Monday night)
Legislation approved Wednesday with bipartisan support in the Michigan House of Representatives provides a framework for transportation network companies (TNCs), such as Uber and Lyft, to operate in Michigan.House Bills 4637-4641 establish procedures allowing TNCs to operate under a uniform statewide regulatory system. HB 4640, sponsored by state Rep. Tom Barrett, amends the Insurance Code to allow for TNC passengers to be treated the same as taxicab passengers in cases of accidental injury.“This bill provides a common-sense safeguard for passengers and other drivers,” said Rep. Barrett, R-Potterville. “Passengers will now be treated the same as if they were in a taxicab or bus.”Under this legislation, TNC passengers will be covered by their own auto insurance in the case of an injury. Those who do not have insurance will be covered by the driver’s insurance.The bill package also exempts TNCs from the limousine transportation act, and allows TNCs to operate in Michigan through a permit issued by the state’s department of transportation.The TNC legislation now moves to the Senate for further consideration.### 18Jun Michigan House approves TNC package Categories: Barrett News
In This Issue… * A closer look wipes out euphoria… * Gillard defeats challenger… * The Eye of the Storm… * Swiss / euro cross watch time… And, Now, Today’s Pfennig For Your Thoughts! Mom, They’re Doing It Again! Good day… And a Marvelous Monday to you! My “unsupervised” weekend went well, except for the ending of the Missouri / Kansas basketball game! Caught up with one of my oldest friends on earth, (Mike) and we tried to quickly forget the ending of the game… UGH! But, it was just a game, right? Not like the game that the Fed keeps playing with Treasuries… and I’ll talk about that in a bit, but first we have to get caught up on the goings on from Friday, and in the overnight markets. Well… Friday’s price action was interesting in that, the euro held onto the 1.34 handle, but Gold was down $7… Hmmm… One anti-dollar doing well, while the other one weakens… The other anti-dollar, so proclaimed by me last week, Oil, saw continued interest in pushing the price higher… And with that higher price in Oil, the emerging countries, and the Asian countries with their nascent recoveries, are all feeling squeamish, about their growth prospect, given that elevated price in Oil… But you can’t blame it all on the price of Oil… Ever since the deal to give Greece the next bailout fund payment last week, the markets have been trying to look under the hood at the deal… And if Greece meets all the requirements in the deal, well… it will work… If they don’t, if they slip up just once, this whole thing comes crashing down like a house of cards… And yes, from what I read, the Greek Gov’t has allowed their Gold Holdings to be confiscated should they slip up… There are a ton of “other things” but at the end of the day, this worry about the “other things” has the currencies weaker today… That’s right, even the euro, which is hanging on to 1.34 is weaker by ½-cent today… So, all the euphoria in the risk markets that came about with the Greek deal approval last week, has turned out to be a case of buy the rumor, sell the fact… One thing that should help the euro as we go along here is the fact that the review of the European Central Bank’s (ECB) LTRO (long term refinancing Operations) is working, right now, precisely as the ECB would have hoped for… You may recall me telling you back in December, that the LTRO introduction included 3-year loans to Eurozone banks. The ECB was hoping to see an increase of credit / loan and credit growth has increased from 3.5% annualized to 4.8% annualized… There are other things the ECB is hoping for here, but this could get really long in explanation… So, I’ll just say that while the ECB is getting the response it wants, we’re only 3 months into this… This is not time to relax… Well… I read on Bloomberg this morning that the number of contracts betting on commodity prices will rise this year, have reached 1 million in total! WOW! So, it sure looks to me that the investors, hedge funds, traders, etc. are catching up to what you dear Pfennig Readers have been hearing about for some time now! And that, with all the Quantitative Easing, easy money, zero interest rates, and everything else, that inflation for the U.S. was on the other side of all that, and all we needed was for banks to begin to withdraw the cash they have been getting paid interest on at the Fed Reserve, and put it into the economy… Well… here’ s how I see this folks… As I’ve told you, I believe that we are in the “eye of the storm” where everyone breathes a sigh of relief, and things begin to look better… The Washington Post printed a story that said “economists predict business spending, employment, and house construction will pick up this year, pushing GDP to 2.4%.” Those that don’t believe in the “eye of the storm” and that’s most, will begin to go back to the bad habits they developed before the financial meltdown, and that will mean putting that money into the economy among other things… Do you know about the “velocity of money”? Well, that’s what will kick in and inflation will begin to soar, and just about the time the Fed sees this happening and they react with rate hikes, the economy will enter the other side of the storm… Now… I could be wrong about this, I would love to be wrong about this! But, long time readers know that I don’t sugar coat this stuff, and I have been pretty bang on with just about everything else that I’ve talked about over the years… But, past performance is not an indicator of future performance! If you agree with what I’ve said, then you’ll want to be sure you protect your wealth from inflation… Of course you know how to do that! All these years of writing, I might have mentioned the ways to protect your wealth and purchasing power, a time or two! OK… back to currencies… The Aussie dollar (A$) got the wind knocked out of it again this weekend, when a vote for leadership was called… PM Gillard fended off a challenge from former PM Rudd… And as long time readers you know that any time a currency has to deal with elections, uncertainty, and election outcomes, that it loses steam… And that’s what happened to the A$ last night… It may take a couple of days for it to get legs again… A quick trip across the Tasman to Australia’s kissin’ cousin, New Zealand, leads us to a report that did not help the New Zealand dollar / kiwi, one iota… New Zealand, which had been on a real good roll with regards to narrowing their Trade Deficit, saw it slip back and post an unexpected deficit for January of NZ$ 199 million (or in U.S. dollars $167 million)… And immediately the stronger kiwi was blamed! It was immediately pointed out that kiwi had gained 11.4% in the past year, one of the best performers in the past 12 months… But before the Chicken Littles begin to run around screaming that the sky is falling in New Zealand, let me point out that aircraft purchases pretty much skewered this report to a deficit, because exports of milk powder, butter & cheese, which make up a third of all exports, increased 25% in January, VS last year! This could end up being a one & done for the Trade Deficit… So hopefully calmer heads will prevail here… The Swiss franc is stronger trading in the $1.11 handle this morning… The cross to the euro is 1.2050, which is getting too close for comfort for the Swiss National Bank (SNB), who placed a ceiling on the 1.20 on this cross back in September, and has said emphatically that they will defend the level… Well, they had better be ready at a moment’s notice… Because the only thing keeping this cross above 1.20 right now is that the euro has rallied… And we all know just how tenuous that is, right now… Mom… they’re doing it again! Thanks to the dear reader that sent me this story… from Reuters… “The Dubai International Financial Centre (DIFC), the United Arab Emirates’ financial hub, expects to permit transactions in Chinese yuan from this year, industry sources told Reuters on Thursday. The change would represent an important step in China’s drive to encourage international use of its currency, since the UAE is one of the world’s top five oil exporters and the second largest Arab economy in the Gulf.” Chuck again… yes… As I’ve told you for more than a year now, China is taking the baby steps to remove the dollar as the reserve currency of the world, and gaining a wider distribution for its currency is one of those steps… Come on folks… can you blame the Chinese? We as a country have destroyed out currency’s value with debts and deficits, Corporate Scandals, and, the bubble economy… Speaking of Corporate scandals… Not to be outdone by the Japanese (I told you that story on Friday), I found this in the Wall Street Journal on Friday… “federal regulators and the Massachusetts attorney general are investigating whether a fund that was part of Oppenheimer Holdings Inc. overstated the value of one of its holdings. The potential exaggeration in the fund grew to more than $4 million, according to documents shared with Oppenheimer investors. The bulk of this markup came as the fund was reaching out to potential investors in the fall of 2009, and helped push the fund’s reported internal rate of return to 38%, after fees, from a loss of 6.3%.” And Treasuries… UGH! The 10-year yield fell to 1.95% late last week… Riddle me this Batman, the need for a safe haven was reduced by the Greek deal, but Treasuries rally any way? How or why would that be? I bet some enterprising journalist with some time could get a good look at the Fed’s balance sheet last week, and probably tie the alleged increase to the Treasury auction… But that would not be new news to me… but at least would explain the riddle… Then there was this… Well folks just like a rented baseball player, I’ve moved on from the Currency Capitalist… And now I’m proud to be a part of a brand new monthly letter that will be published by good folks at Casey Research… The World Money Analyst, is the name of the new letter, which will be a collection of well respected analysts in several different investment choices. So, I’m excited to be a part of such a great group of writers/ analysts/ traders. I’ll provide a link to sign up for the letter, when it becomes available… Pfennig Readers, will not gain any additional knowledge from my part of the letter, but they will from the other writers’ sections… I can’t begin to tell you just how great I think this letter is and will be… So… as soon as I have that link, I’ll get it to you! To recap… The currencies, which rallied on Friday, are seeing that rally wiped out in the overnight and morning sessions, as the euphoria from the Greek deal, is fading, as the devil in the details is being exposed. Gold was down on Friday and again this morning. But the price of Oil continues to look strong and like it wants to go higher. The higher Oil price is dampening the outlook for global growth, and… Chuck talks about being in the eye of the storm… Currencies today 2/27/12… American Style: A$ $1.0675, kiwi .8340, C$ .9965, euro 1.3405, sterling 1.5860, Swiss $1.1120, … European Style: rand 7.6325, krone 5.5950, SEK 6.5885, forint 217.95, zloty 3.1195, koruna 18.6955, RUB 28.98, yen 80.60, sing 1.2605, HKD 7.7555, INR 49.23, China 6.3015, pesos 12.94, BRL 1.7119, Dollar Index 78.57, Oil $108.48, 10-year 1.95%, Silver $35.17, and Gold… $1,767.00 That’s it for today… Well… the end of February is almost here… And one of my fave months, March will begin! Spring Training, spring begins, we begin to get some warmer days, and I get to spend a couple of weeks in South Florida! Actually I’m heading that way on Wednesday this week, but will be back next Monday. Chris will have the conn on the Pfennig while I’m gone this week… I’m not going to complain about the “homer officiating” during the Missouri / Kansas game on Saturday… But anyone watching it knows what I’m talking about… My beautiful bride returned home sometime last night. At one point before I headed off to bed, I saw that her flight was delayed… So welcome home! And with that… I’ll get this out the door… I hope you have a Marvelous Monday! Chuck Butler President EverBank World Markets 1-800-926-4922 1-314-647-3837 www.everbank.com
It’s my opinion that the rallies in all four precious metals were met by short selling by JPMorgan et al.Not surprisingly, there was little price activity in gold on Thursday during the Far East trading day, or in the London market that followed.This sideways price action continued well into the New York session, but once the London p.m. gold fix was in at 10:00 a.m. Eastern time, the gold price tacked on a bit more than ten bucks right up until London closed for the day, which was 4:00 p.m. local time in London…11:00 a.m. in New York. Then it got sold off a hair before trading sideways for the rest of the day.Gold’s high tick of the day was $1,666.40 spot…and it’s low tick was somewhere around the $1,653 price mark.Gold closed the Thursday session at $1,662.90 spot…up $3.50 from Wednesday. Volume was light…around 111,000 contracts…with the lion’s share of that occurring during the Comex trading session around the big price jump. It would be my bet that the “usual suspects” were going short on that rally, as it didn’t look like a short covering rally to me.Here’s the New York Spot Gold [Bid] chart on its own, so you can see the Comex trading action in more detail.The silver price chopped sideways within a dime of the $30.00 price level before developing a negative bias going into the noon London silver fix…7:00 a.m. in New York…where there was a sharp spike down to its low of the day. From there it rallied higher before taking off [along with gold] at around 10:25 a.m.This rally also ended in flames at the London close…11:00 a.m. in New York…before getting sold off further going into the 1:30 p.m. Comex close. From there it traded more or less sideways during the electronic market.Silver’s high tick of the day was recorded by Kitco as $30.59 spot.Silver closed at $30.14 spot…up a dime on the day…but like just about every other day this week, would have closed a lot higher if it hadn’t run into not-for-profit sellers once again. Volume was decent at 37,000 contracts, as the big rally that began at the London silver fix did not go unopposed. I’m sure that JPMorgan et al were buying the short side of that rally right up until the London close.The New York Spot Silver [Bid] chart is shown below.Platinum and palladium had even more interesting price paths yesterday. Not only completely different than gold or silver, but completely different from each other…and here are the 3-day Kitco charts for each. Sponsor Advertisement The dollar index opened around the 79.60 mark…and then spiked up a hair at 1:00 p.m. Hong Kong time…and then slid about 30 basis points down to 79.40 a few minutes after the 8:00 a.m. GMT London open. It then traded more or less sideways until precisely 10:00 a.m. in New York…the London p.m. gold fix…and from there it took off to the upside…topping out around 79.78 at 12:30 p.m. Eastern time. Then it slid a little into the close…finishing the Thursday session around 79.66…up a whole 6 basis points.The rally in gold and silver in New York yesterday mostly coincided with the rally in the dollar index as well…and I’ll let you read into that whatever you wish.The gold stocks started in the red at the 9:30 a.m. Eastern time open, but followed the gold price higher. The stocks peaked out at precisely 11:00 a.m…and then sold off a bit going into the New York lunch hour. But from there they worked their way slowly higher once again…and hit a new high for the day around 3:30 p.m. But then a thoughtful seller appeared and sold the stocks down over a percent in less than fifteen minutes. As a result, the HUI only finished up 0.58%.Pardon me for thinking so, but it sure looked like someone was painting the tape going into the close. But maybe it’s just me looking for black bears in dark rooms that aren’t there.The silver stocks finished mixed on the day as well, but most of the seven stocks that make up Nick Laird’s intraday Silver Sentiment Index closed in the green…finishing up 0.40% on the day. Note the sell-off in the silver stocks as well. Maybe there is a black bear, and I just haven’t found it yet.(Click on image to enlarge)The CME’s Daily Delivery Report showed that 43 gold and 57 silver contracts were posted for delivery on Monday…the last day of 2012. The link to yesterday’s Issuers and Stoppers Report is here.With only one more delivery day left in the December contract, there are still a fair number of gold and silver contracts still left open. Silver’s December open interest dropped a huge 412 contracts yesterday…and another 100 contracts the day before…leaving the above mentioned 57 contracts left…and I sure would like to know why someone backed out of deliveries these sizes at such a late date.Then checking the CME’s preliminary volume and open interest report from yesterday’s trading day in the wee hours of this morning, I note that another 175 gold, along with 49 silver contracts were added at the very last moment to the December delivery month, so someone has to come up with those amounts by the end of trading on Monday. It will be interesting to see who the short/issuers are on those contracts…and I’ll have that info for you tomorrow.The CME should post the First Day Notice numbers for delivery into the January contract for both gold and silver on their Internet site late this evening. They shouldn’t be overly large, as January is not a regular delivery month for either metal. But whatever the numbers are, they’ll be in my Saturday column as well.There were no reported changes in either GLD or SLV…and the U.S. Mint had no sales report yesterday, either.The shortsqueeze.com Internet site updated the mid-month short positions for both GLD and SLV on Wednesday evening…and there weren’t any big changes. The really big changes in both ETFs occurred after the cut-off for this latest report from the shortsqueeze.com…and that data won’t be available until around mid-January. This is already “yesterday’s news” as Ted Butler would say.What the new report showed was that the short position in SLV only declined by 5.46%…or about 1,047,000 shares/ounces. The total short position in SLV now sits at 18,118,000 shares/ounces…or just a bit over 563 metric tonnes…about 9 days of world silver production.The short position in GLD shares fell by 4.11%…about 977,000 shares, or approximately 98,000 ounces of gold. The short position in GLD now sits at 22.82 million shares, or 2.28 million ounces.With the big 3-day engineered price sell-off in gold and silver that took place between December 18-20 not in this data…along with the millions of ounces of silver deposited in SLV over that same time period…it’s obvious that the shortsqueeze.com data would look a lot of different if they could take a snapshot right now. As it stands at the moment, we’ll have to wait until mid January.The other amazing thing that hasn’t happened, is that there have been no major redemptions in either GLD or SLV since the current sell-off really got started on December 12th. And now that I’m looking at the hard numbers, GLD has only shed about 19,000 ounces of gold …and SLV has actually added 7.0 million ounces of silver during that same time period. I’m only speculating at this point, but it looks like some entity is covering a monster short position that they may have in SLV…and GLD…and they were buying all the shares that others were selling into the engineered price decline that JPMorgan et al created in the first place. But I’m sure that was all part of the plan. Over at the Comex-approved depositories on Wednesday, they reported receiving 623,726 troy ounces of silver…and shipped a smallish 2,949 ounces of the stuff out the door. The link to yesterday’s activity is here.It was a slow news day yesterday, which is no surprise considering the time of year, so I hope you have the time to run through most of the stories posted below.Any man who thinks he can be happy and prosperous by letting the government take care of him, better take a closer look at the American Indian. – Henry FordWell, even though volume was ‘light’ yesterday…it was far more substantial than the volume on Wednesday…and as I said further up, it’s my opinion that the rallies in all four precious metals were met by short selling by JPMorgan et al…or it could have been their high-frequency traders just ‘spoofing’ these markets lower. Of course nothing will be known for sure until the COT Report on January 4th, but that’s the way I see it at the moment.Today’s COT Report will be posted on the CFTC’s website at 3:30 p.m. Eastern time sharp…and I’ll be more than interested in what the numbers have to say. I’ll also glean whatever I can from Ted…and I’ll have that data for you in tomorrow’s column as well.Take your pick of either “watching paint dry…or grass grow” as that pretty much sums up the trading activity during the Far East session on their Friday. Of course with the weekend here…and the year winding down…I’m not expecting much for the remainder of today in London or New York…as I’m sure what few traders there are left, will be out the door early…and won’t show up at their desks again until next Wednesday…the first trading day of the New Year in Europe and here in North America.As I hit the ‘send’ button at 4:35 a.m. Eastern time, the prices of both silver and gold aren’t doing much of anything…volumes are light, especially in silver…and the dollar index barely has a pulse. Of course it was more or less like this yesterday at this time…and look what happened the moment that the London silver fix was in at noon GMT. So, despite what I said in the previous paragraph, I’ll reserve judgment for the moment.Enjoy your weekend…or what’s left of it if you live west of the International Date Line…and I’ll see you here tomorrow. Bayfield Ventures Corp. (TSX.V: BYV) is exploring for gold and silver in the Rainy River District of NW Ontario. The Company’s 100% owned “Burns” Block property adjoins the immediate east of Rainy River Resources’ (TSX.V: RR) world-class gold deposit which includes an indicated resource of 5.72 million ounces of gold, averaging 1.18 g/t, in addition to an inferred resource of 2.25 million ounces of gold, averaging 0.79 g/t. Drilling to date on Bayfield’s Burns Block demonstrates that the ODM17gold zone extends from Rainy River Resources’ ground onto the Burns Block. Bayfield is currently carrying out 100,000 metres of diamond drilling on its Rainy River properties. Drill results thus far have been very encouraging. Notable drill results include 60.05 grams per tonne gold and 362.96 grams per tonne silver over 11.2 metres within 26.70 grams per tonne gold and 170.69 grams per tonne silver over 25.5 metres, as well as 35.93 grams per tonne gold and 359.65 grams per tonne silver over 10.0 metres. Bayfield also holds a 100% interest in two other properties in the Rainy River District. Claim blocks “B” and “C” are well located to the immediate east and west (respectively) of Rainy River Resources’ #433 and ODM17 gold zones. Please visit our website to learn more about the company and request information.
When Muhammad Zaman came to the United States in 1996, he asked around for pharmacy recommendations. Friends kept telling him the same thing: filling a prescription at Walgreens was as good as filling it at CVS. Duane Reade was as safe as the Main Street drug store in any small town. The medicines sold in all of them would contain the chemicals and active ingredients that their labels claimed.He was shocked. That wasn’t the case in his native Pakistan, he says.Zaman is now a professor of biomedical engineering and international health at Boston University. The contrast in the levels of trust of pharmaceuticals in the U.S. versus Pakistan stuck with him. He started investigating why getting a properly formulated drug was hit-or-miss in much of the developing world. His research resulted in the book Bitter Pills: The Global War on Counterfeit Drugs.As a child in Islamabad, he writes, his family drove at least a half-hour to get to a large pharmacy called D. Watson in the heart of town. They’d pass dozens of smaller drug stores on the way, but D. Watson was “polished, well stocked, well staffed, and very clean.” For their pharmaceuticals, his parents trusted D. Watson.”We didn’t trust the stores closer to our home. You expect some coffee shops to be better than others. Some bakeries are better than others,” he says in an interview with NPR. “That’s how I thought pharmacies work. Some, like D. Watson, are better than others. If money was not a problem, you went there for drugs.”Years later, he learned what could happen to people for whom money was a problem. In 2012, a news story broke in Lahore, Pakistan, about people suddenly dying at the Punjab Institute of Cardiology. “The people were ill, but not so ill that they were expected to die. But then 213 people died in a week and a half. They were in the same hospital, the same ward,” says Zaman. “Some people said it was arsenic, others said it was terrorism or tainted water. People were just making things up because no one knew what was happening.”Finally, samples of an anti-hypertensive drug all the patients took were sent to a lab in the U.K., Zaman says, because the population did not trust local testing facilities. The results showed that it was tainted with ingredients from a drug intended to treat malaria. According to later investigations, two barrels of white powder got mixed up in the pharmaceutical plant, Efroze, which made both drugs.”Up to 14 percent of the antimalarial was mistakenly added to the anti-hypertensive drug,” says Zaman. “That would be a lethal amount, given the patients’ cardiac history.”As Zaman continued his research, he kept spotting news reports related to fake or faulty drugs. In one story, 16 people, also in Pakistan, died after drinking a cough syrup. In another report, a shipment of 1.4 million doses of a counterfeit antimalarial drug was seized in Angola. “There is a new story every week,” he says.Tainted, counterfeit or degraded drugs on market shelves in the developing world is a problem that’s hard to measure, says Dr. Ramanan Laxminarayan, founder and director of the Center for Disease Dynamics, Economics and Policy in Washington, D.C..India, for example, has a 3 percent rate of substandard drugs, according to national surveys that randomly spot check pharmacies, says Laxminarayan. “I’m in Bangladesh right now, and they have a 3 percent to 5 percent rate of substandard drugs,” he says. “That means the drug, when it reaches the patient, is not of a quality that can do any good.” Some countries are in really dire straits: “In Nigeria, it’s as high at 20 to 30 percent. Imagine if one in every five times you get a drug, it doesn’t have an active ingredient.”Those numbers could be even worse than reported because the national surveys are sporadic, many countries don’t have the technology to properly test drugs, and some pharmacists, when they see an inspector coming, shutter their windows and close up shop, says Zaman.Mistakes in formulating drugs can happen anywhere, including wealthy countries, and Zaman writes about that, too. In 2012, tainted steroids made by the New England Compounding Center in Framingham, Mass., sickened 753 people in 20 states and resulted in the deaths of 64 people. “The compounding pharmacy in Massachusetts is emblematic of the fact that the problem is universal,” Zaman says.Consequences for drug makers vary among countries. In the Massachusetts case, the compounding center’s owner, one of 14 people who faced criminal charges in the case, was sentenced to nine years in prison in 2017, according to the Food and Drug Administration. A fund of $200 million was established to compensate the injured or the families of those who died. The New England Compounding Center is no longer in business.In the Lahore case, the families of those who died are to receive $4,000 per person, paid at the rate of $150 a month for just over two years, Zaman says. He notes in his book: “…the company did not have to pay any penalties to the government or lose its license, and its senior executives did not face any serious disciplinary action.” And it remains in business.”In poor countries, punishment doesn’t exist in a way that can be a real deterrent,” says Zaman.It’s poor countries that suffer the most, and yet there is very little information on how many people get sick or die because of substandard drugs. “It’s not easy to estimate,” says Zaman. “Many countries have a culture of immediate burial, and they don’t do autopsies, so we don’t know if they died because of a bad drug. It’s massively underreported.”But there are some rough estimates. “One of the best studies looked at a sliver of a sliver of the problem,” says Zaman. The report concluded that of the more than 3 million children who die before age 5 in 39 sub-Saharan countries, about 120,000 die each year because of substandard antimalarial drugs.The World Health Organization also estimates that between 72,000 and 169,000 children may die each year because of substandard or fake antibiotics. But, says Zaman, there is no worldwide estimate of deaths caused by substandard drugs for all ages, all diseases.Zaman wants to increase awareness of this little-discussed problem. “The World Health Organization says that an average of 10 percent of drugs are substandard,” he says. “But that’s an average. In some parts of the world, it’s much higher. We don’t have a proper estimate. It’s quite large, but how bad is it? We have no idea.”Susan Brink is a freelance writer who covers health and medicine. She is the author of The Fourth Trimester and co-author of A Change of Heart. Copyright 2018 NPR. To see more, visit http://www.npr.org/.
The population of Madagascar has more than doubled over the past generation, from 11.8 million in 1990 to 25 million today. And with more mouths to feed, residents are cutting down rainforests so there will be more land for agriculture.That’s a threat to the rainforest ecosystem. Madagascar rainforests are home to rare and endangered species like the black-and-white indri, the largest known lemur, topping out at about 20 pounds.Responding to concerns from environmental groups, in 2015 the government restricted the clearing of virgin forest for agriculture as well as logging or mining activities.That would mean that people in rural areas could lose their ability to make a living.So Conservation International and the government of Madagascar came up with a plan. The non-governmental group would give supplies and training to locals to help them find new ways of earning a living, from chicken farming to beekeeping to fish farming. They called these initiatives “livelihood projects.”Researchers have looked at how this compensation plan is working out and published their findings in a study published last week in PeerJ, a peer-reviewed scientific journal.What they found is that good news for lemurs might be bad news for humans.”As well as bringing benefits there are also private costs of conservation restrictions,” says Julia Jones, professor of conservation science at Bangor University and one of the paper’s authors. “These tend to be felt by the people right at the forest frontier, the people whose livelihoods depend on clearing a small patch of land to feed their family.”The study examined a rainforest in eastern Madagascar called the Ankeniheny-Zahamena Corridor (CAZ). Local Malagasy villagers have been farming in and around the CAZ for generations. Most of the forested land in Madagascar, including the CAZ, legally belongs to the state.Conservation International administered the compensation in partnership with the Malagasy government, but funding is provided by the World Bank through the REDD+ program. REDD+ (Reduce Emissions from Deforestation and forest Degradation) is an international effort to slow carbon dioxide emissions by preventing deforestation in developing countries.To find out if the so-called “livelihood projects” were helping locals cope, a team of researchers from the U.K. and Madagascar conducted a series of interviews with villagers.Walking for many days to reach villages, climbing mountains and crossing rivers, the researchers eventually spoke to 450 households.The results were not encouraging.The project targeted approximately 2,500 households. But thousands of people affected by the new restrictions did not receive “livelihood projects,” because the original World Bank report had significantly underestimated how many people would be affected.And when communities did receive “livelihood projects,” their value wasn’t enough to make up for what they were losing by not being able to clear new land for farming.According to the paper, Conservation International made a one-time investment of $100 to $170 on each household’s livelihood project, with the hope of seeing long-term benefits. But when villagers were asked to assign a dollar value to the aid, their rough estimate was less than $80.And while many of the recipients were appreciative of the efforts to help them, the projects did not always pan out, says Rina Mandimbiniaina, a Malagasy native who was hired as a research assistant and is one of the paper’s authors.”One family got chickens, just a few poultry,” she says. Raising chickens “was very of hard for them. They got about ten or so. But most of the poultry died.”For its part, Conservation International seems to recognize that it may need to modify its approach. “We always aim for improvements that benefit people and nature,” the organization said in an email to NPR. “Research such as this helps us improve our work on the ground.”Still, Conservation International notes that the study does not fully account for the long-term value of an intact rainforest. When other intrinsic benefits of conservation are included, such as clean water, the compensation gap may shrink.Robin Naidoo, a senior conservation scientist at the World Wildlife Fund who was not involved in the study, agrees that there are other conservation benefits the study didn’t take into account. For instance, villagers can forage for fruit and medicinal plants in intact forests.”They excluded wild harvest products from income calculations,” Naidoo says. “It’s difficult to value those but they are nevertheless a benefit.”So what’s the next step?”They [Conservation International] recognize that there is limited money out there for the community development side,” Jones says. “So yes, there are all these policies saying don’t harm local people, but the money available is very limited.”She believes that the international community needs to provide more funding for such conservation efforts.In the end, Malagasy people are open to conservation, says Sarobidy Rakotonarivo, a post-doctoral researcher at Scotland’s University of Stirling and another study author who did research on the ground. But they want respect just like anyone else. “They know that conservation is important, and they want their kids to see lemurs,” Rakotonarivo says. “But they’re very frustrated when they realize that lemurs are more important than they are.” Copyright 2018 NPR. To see more, visit http://www.npr.org/.
A Tory election promise to “dismantle” the work capability assessment (WCA) through new legislation appears to have been abandoned, with the Queen’s speech containing no mention of any new social security bill.The speech contains brief details of all planned legislation over the next two years – rather than the usual 12 months – so the absence of a social security bill suggests work and pensions ministers have abandoned planned reforms to the much-criticised “fitness for work” test.The minister for disabled people, Penny Mordaunt, told a national disability hustings event a few days before the general election that a Conservative government would “legislate to reform the work capability assessment”, which “treats people like they are part of a sausage factory”.Mordaunt (pictured, right, at the hustings) then added: “We have managed to get into the manifesto a legislative commitment to dismantle the work capability assessment.”Both Labour and the Liberal Democrats promised in their general election manifestos to scrap the WCA.Disability News Service (DNS) tried repeatedly after Mordaunt’s comments to confirm what she meant by the promise to “dismantle” the WCA, as there was no mention of scrapping the assessment in her party’s manifesto.The manifesto did promise that a Conservative government would “legislate to give unemployed disabled claimants or those with a health condition personalised and tailored employment support”.When contacted about the failure to include a social security bill in the Queen’s speech, a Department for Work and Pensions spokesman said: “We have been told not to say anything at the moment.”He directed DNS to the Number 10 press office, which had not commented by noon today (Thursday).Ministers are expected to respond in the next few months to the consultation on its controversial work, health and disability green paper, which was published last October.It is not yet clear how the absence of new legislation will affect proposals laid out in the green paper, which include a suggestion that all people on out-of-work disability benefits – even those who are terminally-ill or have the very highest support needs – could in future have to stay in regular touch with their local jobcentre or risk having their benefits sanctioned.
iPhone X Is Apple’s Most Breakable iPhone to Date Guest Writer Fireside Chat | July 25: Three Surprising Ways to Build Your Brand The iPhone X is built with the “most durable glass ever in a smartphone,” according to Apple. But it’s not going to stand up to any serious damage.Videos of various iPhone X drop-tests have been hitting the web since the new smartphone went on sale last week. And to no one’s surprise, the phone will take a beating when dropped on a hard concrete surface.How bad is the damage? According to SquareTrade, which sells smartphone protection plans, iPhone X is Apple’s most breakable iPhone to date.SquareTrade posted a video that showed the iPhone X dropped from different angles at a height of 6 feet; the phone fared poorly in each test.The least amount of damage occured when the phone was dropped directly on its side. The device had a nasty dent on the bottom, the area of impact, but the glass was still intact. However, the OLED display began to malfunction, with one side of screen completely green. When dropped directly on the front or back, the iPhone X developed numerous cracks over the glass, which covers the back and front of the iPhone X.In its own drop test, CNET tossed it 3 feet to the sidewalk, and iPhone X came away with a small crack and a seperate fracture on the back of the device. In the second drop, the phone fell directly on its front face. It emerged with more cracks erupting across both sides of the device.However, the iPhone X fared better in other drop tests posted on YouTube. The phone’s glass actually didn’t crack at all when dropped on the back, according to one test from the YouTube channel PhoneBuff.A drop on the phone’s corner gave it only minor scratches, while a drop on the phone’s front display produced a visible, but small glass fracture on the device’s top-left side.A separate test from EverythingApplePro found that the iPhone X came away unscatched from several different drops, save for a few scratches.Even as every drop test found different results, it’s probably still a good idea for iPhone X owners to buy a case for their new phone. A screen repair can set you back $279, unless you’ve bought AppleCare+. November 7, 2017 Michael Kan Reporter Add to Queue Image credit: via PC Mag This story originally appeared on PCMag Apple 2 min read 97shares Learn from renowned serial entrepreneur David Meltzer how to find your frequency in order to stand out from your competitors and build a brand that is authentic, lasting and impactful. Next Article According to SquareTrade, which sells smartphone protection plans, do your best not to drop that shiny new device. Enroll Now for $5
Amazon Add to Queue Register Now » October 2, 2018 Senior Editor 1 min read Image credit: via PCMag Next Article This story originally appeared on PCMag –shares If you work for Amazon, there’s a good chance you’re waking up to some surprising and welcome news this morning. You’re getting a pay raise!Amazon today announced that over 250,000 of its employees along with an additional 100,000 or more seasonal workers will see their pay increased to $15 per hour from Nov. 1. The change applies to all “full-time, part-time, temporary (including those hired by agencies), and seasonal employees” who are based in the US. That also extends to all Amazon subsidiaries such as Whole Foods.Shared the new Amazon $15 minimum wage with the team here at LGB3 early this morning! Best All Hands Ever!!! Amazon Boosts Minimum Wage to $15 Per Hour Matthew Humphries All of Amazon’s U.S. workers will benefit from the minimum wage increase, which means more than 350,000 staff spread across all of Amazon’s business ventures (including Whole Foods) should be better off beginning in November. Learn how to successfully navigate family business dynamics and build businesses that excel. Free Webinar | July 31: Secrets to Running a Successful Family Business
November 20, 2008 Brought to you by PCWorld 2019 Entrepreneur 360 List Next Article Buy, Lease–or Move to Cloud Computing? –shares 11 min read Your trusty old office computers are likely chugging along with the power of a 20-year-old Oldsmobile climbing Mt. Everest, gamely working hard to complete ever more complicated and varied tasks for your company’s employees. Apply Now » Alexandra Krasne Your trusty old office computers are likely chugging along with the power of a 20-year-old Oldsmobile climbing Mt. Everest, gamely working hard to complete ever more complicated and varied tasks for your company’s employees. But while it might be time to replace the outdated PCs, with today’s credit crunch, you may be considering alternatives to simply buying new hardware as a way to save your business money.So should you lease new hardware, forgoing boxed software? Or try the new cloud computing solutions that are being touted as the next big thing? We’ll look into a variety of options for your business and let you know which ones will save you money, and which could potentially cost you big.Leasing vs. Buying: Good Deal or Bad Idea? According to a 2007 study by IDC, cutting your PC’s life cycle to three years, versus five or six years, will save you on the overall cost of maintaining that system. As presented in the study, keeping two generations of leased desktop PCs (held for three years each) is 20.5 percent less expensive than buying and holding one machine for six years.Lifecycle implications aside, there are other considerations to mull over before signing a hardware lease, such as end-of-lease costs and other fees that can accrue if not monitored, according to Joe Loiselle, Vice President of Global IT Advisory Services at IDC.”Leasing is not a bad thing, if you manage it. Unmanaged, it will be a big liability. Most [leases] favor the lack of discipline a buyer has, and most favor a mobile device–it moves, breaks, and changes hands,” he says. Unless you are going to send back the equipment on time and address end-of-lease issues, Loiselle believes that your organization is going to bleed cash. Most people don’t pay attention to a lease once they sign it, he adds, and lease agreements aren’t exactly designed to save you money in the long run.”Companies are making a mass exodus from leasing,” says Loiselle. Leasing “is a Venus flytrap: it’s tough to get into and tougher to get out of.” Of course, given today’s credit crunch, it will be more difficult to get a lease or financing in the first place.When it comes to servers, it can be even more difficult to return equipment, as data, applications, and network connections are all affected when you remove a server. Servers are not as easy thing to rip out of your network, and most small businesses don’t have redundancies in place, according to Loiselle.A final consideration before signing a lease: Businesses are often able to write off as much as $15,000 for new equipment, so it may make sense to buy the equipment outright. Be sure to check with your accountant or tax preparer before making a move to either option.Cost Comparisons: Is Leasing Cost Effective?We looked at lease deals on three computer manufacturers’ sites, comparing pricing options for ten laptops. Overall, we found that leasing is the costlier option in the long run, even if it’s cheaper at the outset.At HP’s site, we selected the option to purchase ten business notebooks at a cost of $15,590. HP lists the lease price for these same notebooks as $413 per month for a 48-month lease. That’s $19,824 for a 48-month lease, or an additional $4824 to lease the machines, rather than buy them outright. (To find out about other lease lengths, pricing, or options, check HP’s site.)On Dell’s site, the company lists finance options that include both fixed purchase options (FPO) and full market value (FMV) options for leasing with 24-, 30-, 36-, or 48-month financing. Both options require a $75 processing fee. Our total for ten similarly equipped laptops, sans shipping and tax, was $15,695.Displayed right beside the total on Dell’s site are links to the lease options. (Before you go through the process of getting qualified, you can estimate your payments based on your credit level–Excellent, Good, or Fair–and the total purchase amount.) The 48-month lease on $15,695 was $460.96 per month for FMV and $461.04 for $1 Buy-Out. That’s $22,126.08 for FMV and $22,129.92 for $1 Buy Out over 48 months. You do the math: Purchasing equipment outright saves you at least $6500 here.Next, we clicked over to Fujitsu’s site, where the company offers lease purchase options of $1, 10 percent, or FMV, and provides a lease calculator to figure out your costs. Fujitsu doesn’t offer a 48-month lease, but its 36-month lease on ten laptops totaling $15,000 was $473 on the FMV plan, $483 on 10 Percent Purchase, and $522 on $1 Buyout. So that was $17,028, $17,388, or $18,792, respectively on a $15,000 equipment purchase.In the end, the ten laptops we researched on the three vendor sites on average cost $4000 more if you were to lease them for 48 months, as opposed to buying them outright. While leasing does mean you won’t be strapped with a steep initial cost, buying saves a bunch of cash in the long run.Buying also potentially saves more money down the line, as lease contracts can stipulate that a vendor can charge extra should you return your equipment late or without a clean hard drive.Printer Leasing and Online Faxing: Panacea or Problematic?If your office needs also include high-volume printing, collating, and all the bells and whistles of a big-budget printer, many companies offer equipment leases. HP and Xerox both offer lease options for high-end, high-volume models.For example, the high-volume black-and-white HP LaserJet M5000 MFP series starts at $4000 retail, and the Color LaserJet CM6030 MFP series starts at $7000. But to lease, you’ll have to pay $115 per month for the M5000, or $190 per month for the CM6030 for a 48-month lease. (That means you’ll spend $5520 for the M5000, or $9120 for the CM6030, over the course of 48 months.)Though high-volume printers don’t have quite as short a lifecycle as a notebook or desktop, it pays to do your research to understand the lease options, what’s expected at the end of the lease, and what your total cost will be over the life of the lease.For expensive office equipment, such as a high-volume printer, you may find that the extra money spent over the course of a lease makes sense, as it’s only one device that will remain in your office, and it’s easier to track than a laptop. As with any lease, make sure you understand the terms and whether you’ll be stuck shipping a giant printer back to the vendor once the lease is up.Your needs may include less printing and more faxing, however. These days, a new fax machine ranges in price from less than $100 to $350, depending on feature set. But if you don’t send faxes often enough to justify a machine or a separate phone line, many free and low-cost online services let you send faxes online. These “virtual fax machine” services let you send faxes via e-mail and receive them; some offer a free local landline number.Do a Google search for “online fax” and you’ll find that there are literally thousands of Internet faxing services available, with a range of prices and features. Some are free, some let you send faxes only, and others let you both send and receive–all without a physical fax machine.One popular service, Myfax, offers plans that start at $10 per month or $110 a year to send 100 pages and receive 200 per month. The service also includes one year of online storage and either a local or a toll-free fax number.Efax is another Internet fax provider. It offers free, Plus, and Pro plans. The paid plans run around $20 per month, and you can receive faxes free. You can send 30 pages per month, and additional pages run 10 cents each. To read or create faxes, you’ll need the service’s free eMessenger application. The site does not offer storage, and larger faxes may take up a large chunk of your inbox.Overall, online faxes are a great deal if you don’t want to pay a monthly fee for a phone line, buy the equipment, or lack a permanent office space. Online faxes can also be more secure than a fax that sits out in a public area. But if you want the dependability of a landline and a permanent fax number, online faxes may not be the best option.Reach for the Clouds: Storage, Servers, and Services You may decide to simply forgo new equipment and software in favor of cloud computing, which has been gaining in popularity and hype in recent months. Companies like Google, Dell, HP, Oracle, Amazon, Salesforce.com, and even Microsoft are providing applications, Web space, and computing power via the Web. But does this mean that your traditional software applications and servers will be unnecessary?Gartner believes that 80 percent of Fortune 1000 companies will be using some form of cloud computing services by 2012. Cloud computing lets large companies spend more money on infrastructure and less money on the actual hardware, but as cloud computing gains in popularity, some industry experts argue that costs will increase as adoption takes hold.”Windows isn’t going away, but more and more services will be offered from the cloud, rather than installed and managed on specific on-premises platforms,” says Thomas Bittman, a Gartner analyst, on his blog. “Not to say that Amazon, Salesforce or Google have all the kinks worked out–but they sure have lowered the barrier to entry for a developer looking to build a global-class application on the cheap.”You don’t need to buy hardware or software, but you will often have to pay for space and the use of cloud computing applications. (You may need a consultant to set up some of these, however.)Some examples of cloud computing offerings include Salesforce.com, a customizable online customer-relationship management database service that offers tools to track contacts and sales leads, run campaigns, generate reports, and track revenue. You can also store files online. Its AppExchange lets you browse and install applications from partners and third-party developers. The company offers a 30-day trial, and pricing varies depending on your needs and the number of users. Check the Salesforce site for specific pricing.Amazon’s recently launched EC2 (Elastic Compute Cloud) service lets you forgo buying Web servers and rent instead. The term “elastic” means you can rent what you need on demand and pay for the bandwidth and server processes you use. Storage via Amazon’s S3 (Simple Storage Service) lets you store and retrieve any amount of data, starting at 15 cents per gigabyte per month. Amazon’s EC2 pricing model is based on a number of factors, including data transfer–but there is no minimum fee or activation.And Microsoft is getting into the act with its Windows Azure, a cloud-computing platform that allows developers to build and host their services on Microsoft infrastructure. Azure is not available yet, but it will reportedly eliminate the need to update your desktop applications.Of course, when it comes to cloud computing, Google Docs has been the long-standing application king. Google offers free word processing, calendaring, e-mail, spreadsheets, and collaboration tools as well as paid services that include e-mail archiving, the ability to disable ads, and support. On its site, Google lists side-by-side benefits of both free and paid plans.Though every cloud has a silver lining, these cloud services aren’t all dreamy. For one, you are at the mercy of the provider, and if they suffer an outage, so do you. Google’s recent Gmail outage left customers stranded without e-mail and their online applications for days. Security is also up to the provider, so make sure to check out whether its security level meets your needs.Whether you go the traditional route of buying your software in a box, renting server space online, buying hardware outright, or leasing, it pays to do your research, and to understand the risks. And remember, if something sounds too good to be true, it almost always is. Add to Queue Technology The only list that measures privately-held company performance across multiple dimensions—not just revenue.
March 15, 2016 Julia Child to Inaugurate Popular Gaming Platform Twitch’s New Cooking Channel Nina Zipkin Streaming Image credit: Unsplash | Enhanced by Entrepreneur Staff Writer. Covers leadership, media, technology and culture. Next Article Entrepreneur Staff Add to Queue 2 min read Popular social live-streaming gaming platform Twitch is taking a page out of The Food Network’s recipe book and today announced the launch of a channel dedicated to cooking and baking. The channel is kicking off with a four-day marathon of the entire 201 episode run of Julia Child’s beloved cooking show The French Chef.Twitch had previously streamed the entire run of Bob Ross’s The Joy of Painting — more than 400 episodes — over the course of a week. Some 5.6 million viewers tuned in.Related: How to Thrive in the Live Streaming RevolutionBill Morrier, head of Twitch Creative, explained in a press release why beginning with Julia Child was a natural fit for the channel. “Julia Child was the precursor to Twitch’s social cooking movement, making The French Chef show a great reminder about how visionary she was. To put it in terms our community can relate to, Bob Ross is the Julia Child of painting.”Twitch isn’t the only new video entrant in the food space. Just last week, YouTube co-founder Steve Chen and former YouTube engineering lead Vijay Karunamurthy launched an interactive streaming platform for foodies and chefs called Nom.Related: Why Live-Streaming Video Should Be the Next Battlefront in Your Brand’s Social-Media StrategyAnd the trend isn’t only relegated to cooking, but to eating as well. In South Korea, people can pull down as much as $10,000 a month though Mukbang, where users live stream and chat with viewers during meals.Twitch was founded in 2011 by CEO Emmett Shear and was bought by Amazon in 2014 for $970 million. As of 2015, the site boasted an average of 100 million monthly viewers around the world. At the end of the year, the company reported that altogether, Twitch users had streamed 241,441,823,059 minutes, or more than 459,000 years of video. –shares Free Webinar | July 31: Secrets to Running a Successful Family Business Learn how to successfully navigate family business dynamics and build businesses that excel. Register Now »
2 min read Add to Queue Acquisitions Learn how to successfully navigate family business dynamics and build businesses that excel. April 25, 2016 ‘USA Today’ Publisher Gannett Makes Unsolicited Bid for Tribune Reuters Register Now » Next Article This story originally appeared on Reuters Gannett Co. Inc., the publisher of USA Today, said it offered to buy Tribune Publishing Co. but the owner of the Los Angeles Times refused to begin “constructive” talks.”We therefore are prepared to consider all alternatives to complete this transaction,” Gannett Chief Executive Robert Dickey said in a letter to Tribune Publishing’s board.Tribune Publishing, however, said in a statement that it had told Gannett it would engage financial and legal advisers to review the proposal and its “numerous contingencies.”Gannett said it made an offer to buy Tribune Publishing on April 12 for $815 million, including the assumption of $390 million of debt.The offer of $12.25 per share represents a premium of about 63 percent to Tribune Publishing’s Friday closing price $7.52. Tribune’s Publishing’s shares closed at $6.86 on April 11.Tribune Publishing’s shares, which have lost half of their value in the last nine months, jumped to $12.10 in premarket trading on Monday. Gannett’s shares, which have gained 16 percent over the same period, were untraded.”Continuing to refuse to engage in a dialogue with us will only serve to delay the ability of your stockholders to receive the value represented by our all-cash offer,” Dickey said.The offer comes at a time when the print industry is grappling with falling sales and circulation as more people get their news from digital medium.Tribune Publishing reported a loss of $2.8 million in 2015 as revenue slipped 2.1 percent to $1.67 billion. Gannett posted a profit of $146.1 million, while revenue fell 9 percent to $2.89 billion.Tribune Co. spun off its publishing assets into Tribune Publishing in 2014, and renamed the parent company, which houses its broadcasting and digital assets, Tribune Media Co.(Reporting by Sai Sachin R and Supantha Mukherjee in Bengaluru; Editing by Saumyadeb Chakrabarty) Free Webinar | July 31: Secrets to Running a Successful Family Business –shares Image credit: Reuters | Jim Young
2019 Entrepreneur 360 List Disruption September 23, 2016 Samuel Edwards Digital Marketing Strategist Opinions expressed by Entrepreneur contributors are their own. 5 Trends Driving Disruption in the Accounting Industry Apply Now » Over the past few years, new technologies and tools have emerged and transformed just about every aspect of business, including marketing, management, web design and HR. It’s easy to feel like accounting and bookkeeping have been forgotten. Until recently, the industry was stuck in the dark ages. But with the emergence of powerful new technologies over the years, it’s finally beginning to look like an industry that’s ripe for disruption.Before delving into the specifics of the accounting industry and the impending disruption, let’s take a moment to review some of the common drivers behind general disruption.Complacency: This is the biggest sign that disruption is on the way. When businesses get complacent and decide to coast on past accomplishments, outsiders take notice and see an opportunity to come in, and stake a claim.Frustration: Couple complacency from vendors with frustrations from customers, and some friction starts to develop. Customers want better offerings, but the vendors realize they have nowhere else to turn. Again, outsiders take notice, and see an opportunity.Lack of automation: Everything is about automation in business. If there’s a task that’s still being performed manually, it’s costing companies time. Someone else will try to come in, and disrupt the industry by offering an automated solution to satisfy the frustrations of existing customers.Emphasis on innovation: Finally, disruption starts to boil over when you see startups enter the marketplace, and prioritize innovation. This leads to larger companies taking notice and either purchasing these startups or revamping their own approach to innovation.When two or more of these drivers are present in an industry, then you can accurately predict disruption is right around the corner. Looking at the accounting industry, it’s easy to see how all four of these drivers are in play. In other words, disruption is imminent.While it’s easy to see how those four factors are present in the accounting industry, let’s dig a little deeper and actually analyze some of the trends that are driving disruption at this very moment.1. Clients want better connectivity.Take a look at any service-based industry, and you can identify ways in which processes have become more customer-centric. Well, with the Internet, cloud technology and remote tools, accountants have the ability to connect with clients in meaningful ways. And it looks like they may be finally taking advantage of these capabilities.“Online technology is giving us real connectivity with our clients and their team,” Brett Bennett said. “It means we’re having completely different levels of discussions regarding their farms. We can collectively discuss scenarios and business plans, and our clients recognize that value.”Related: 10 Best Accounting Websites for Startups2. Automated data entry.Automation is the key driving factor in accounting and bookkeeping disruption.Specifically, we’re seeing this lead to the disappearance of manual data entry. Thanks to things like automatic imports, electronic documents and robust software solutions, some businesses are even able to eliminate data entry completely.This leads to more efficiency and allows businesses to better utilize human capital.“The greatest disruption will result from automation of data entry and workflows. This alone leads to three major changes. One, faster processing which translates into real-time reporting and more timely financials. Two, increased accuracy with less human error. And three, significant reductions in cost on an order of magnitude of 50 to 75 percent”, accounting technologist Louie Balasny said.Related: 3 Red Flags That Your Tax Accountant Is an Idiot3. Growth of the DIY approach.One trend that we’ve been keeping any eye on for years is the growth of accounting software. And now that cloud solutions – such as QuickBooks — have entered the marketplace, we’re seeing a lot of small businesses trying the DIY approach.On a related noted, things like web tutorials, YouTube videos, webinars and search engines, now allow businesses to access just about anything necessary to handle their own accounting and bookkeeping needs.“This act of moving accounting online doesn’t precipitate the end of accountants,” accounting expert Jonathan Poston said. “However, what does push accountants to the margins is how inexpensive and user-friendly the new online accounting software is.”4. Machine learning and powerful insights.Accountants are generally able to sort through data, and deliver predictive insights based on past information. However, as technology advances, things like machine learning and artificial intelligence (AI) are making it possible for accountants to access real-time insights that can be used in the moment to add value to businesses and clients.“An accountant will be able to look at [the insights], and hopefully the big data systems will be intelligent enough to be able to say: Here are the key things happening in this business which are different to other businesses in that category,” one expert says. “This business is not performing in these areas, so go out and have a discussion with your client about those things.”Related: 3 Benefits of Cloud-Based Accounting Tools for Small-Business Owners5. Demand for specialization.We’re seeing it everywhere. People and businesses are getting a taste of specialization, and they’ve now come to expect it in every product or service they use.If you think about it, specialization is one of the driving factors of disruption in every industry. Cable customers are cutting the cord and choosing à la carte alternatives. Social media users can tweak filters to see only the content they want to consume. Smartphone users can pick which apps they want. The list goes on and on.In terms of accounting, this is boiling over and creating a demand for specialization over bundled packages. Businesses only want to pay for the accounting and bookkeeping services they need. This is ultimately putting added pressure on the marketplace. As a result, accounting software providers are adjusting their product offerings and pricing structures accordingly. In the future, look for accounting solutions to become à la carte.There’s no doubt that disruption is right around the corner. The accounting industry is still in the dark ages, when compared to other industries, but there’s currently a major emphasis on modernizing through automation.It will take a few months, but don’t be surprised to see an entirely new accounting industry in 2017 and beyond. Next Article –shares 6 min read Guest Writer Image credit: Caiaimage/Sam Edwards | Getty Images Add to Queue The only list that measures privately-held company performance across multiple dimensions—not just revenue. Double-entry accounting was invented at least a 1,000 years ago. Big changes are long overdue.
Pandemic potentialRelated StoriesCommon cold virus strain could be a breakthrough in bladder cancer treatmentUMD researchers connect a protein to antibody immunity for the first timeMultifaceted intervention for acute respiratory infection improves antibiotic-prescribingThe MERS virus is mutating and one of the next changes could make it easier for the virus to spread from person to person. An infected traveler could trigger a chain of infections that could potentially lead to a pandemic.”We must develop systems that help us to predict whether a new mutation will have an impact on the transmissibility of the virus, i.e. whether there is an increased pandemic potential,” says Markus Hoffmann.As with any other viruses with a pandemic potential, it is important to assess the risk of the MERS virus. Reviewed by Kate Anderton, B.Sc. (Editor)Nov 22 2018What causes only a harmless cold in camels can be fatal for humans: an infection with the MERS virus. Since its discovery in 2012, the virus was detected in approximately 2,000 patients and 36 percent of them have not survived the severe lung disease known as MERS.Until now, humans are mainly infected through contact with camels in the Arabian Peninsula and human-to-human transmissions are rare. However, this could change due to the virus acquiring mutations.A team of scientists headed by Stefan Pöhlmann, Hannah Kleine-Weber and Markus Hoffmann from the German Primate Center – Leibniz Institute for Primate Research in Göttingen investigated virus mutations and found that certain mutations made the virus more resistant against the human immune system.The analysis of mutations is essential for predicting the risk of a pandemic. Moreover, the MERS virus may serve as a blueprint for other zoonotic viruses that can be transmitted from animals to humans (Journal of Virology).Just like the dreaded SARS virus, the MERS virus and several usually harmless common cold viruses belong to the coronaviruses. Some coronaviruses can be transmitted from animals to humans. The MERS virus infection in dromedary camels causes only a mild cold. In contrast, human infection can lead to a severe respiratory disease, Middle East Respiratory Syndrome (MERS), which is often fatal. The disease is most prevalent in the Arabian Peninsula where people are infected by dromedary camels that are kept for food and racing. The virus’s potential to spread worldwide became apparent in 2015 when an infected person who had previously visited the Arabian Peninsula travelled to South Korea and transmitted the virus to others, resulting in 186 infections and 38 fatal MERS cases.Viral mutationsThe MERS outbreak in South Korea was associated with the emergence of a previously unknown viral mutation that reduces the ability of the virus to enter host cells. As this process is necessary for the multiplication of the virus in the body, the mutation is supposedly not beneficial for the virus.However, a mutation would not have prevailed if it would not be associated with an advantage for the virus. Stefan Pöhlmann, Hannah Kleine-Weber and Markus Hoffmann of the German Primate Center in Göttingen searched for this effect.They found that the mutation makes the MERS virus more resistant to antibodies produced by the body as a result of the infection. Source: https://www.dpz.eu/en/home/single-view/news/gefahr-aus-der-wueste.html In South Korea, a mutant of the MERS virus arose that that showed increased resistance against the antibody response. This finding shows that the planned use of antibodies for MERS therapy could lead to the development of resistant viruses.”Hannah Kleine-Weber, Lead Author Our study was conducted in the BMBF funded research network RAPID that aims to predict the potential risk of new MERS virus variants and to make recommendations regarding diagnostics, vaccines and behaviors.”Stefan Pöhlmann, Head of the Infection Biology Unit at the German Primate Center.
Reviewed by James Ives, M.Psych. (Editor)Feb 8 2019A clinical trial has begun to examine the safety and use of two HIV prevention tools–oral pre-exposure prophylaxis (PrEP) and a vaginal ring–in adolescent girls and young women in southern Africa. Funded by the National Institutes of Health, the trial is designed to contribute to the delivery of safe, effective and desirable choices of HIV prevention methods for adolescent girls and young women, who are disproportionately affected by the HIV epidemic.The Phase 2a clinical trial is called REACH, for Reversing the Epidemic in Africa with Choices in HIV prevention. It will enroll 300 girls and young women ages 16 to 21 years at five sites in Kenya, South Africa, Uganda and Zimbabwe. The ring in the study, which is replaced once a month, continuously releases the anti-HIV drug dapivirine in the vagina. The ring is currently undergoing regulatory review by the European Medicines Agency. PrEP involves taking a daily oral tablet containing two anti-HIV drugs, tenofovir and emtricitabine. After using each of these HIV prevention methods for six months, study participants may choose to use either one of the two methods–or neither–for another six months. Investigators will evaluate product safety, the extent to which study participants use the products, and how much participants report liking each product.Related StoriesEven when HIV prevention drug is covered, other costs block treatmentAlcohol reduction associated with improved viral suppression in women living with HIVScripps CHAVD wins $129 million NIH grant to advance new HIV vaccine approachREACH is co-funded by the National Institute of Allergy and Infectious Diseases, the Eunice Kennedy Shriver National Institute of Child Health and Human Development, and the National Institute of Mental Health, all part of NIH. The study is being conducted by the NIH-funded Microbicide Trials Network (MTN) and is also known as MTN-034. Gilead Sciences, Inc. is providing the oral tablet for PrEP, and the International Partnership for Microbicides (IPM) is providing the dapivirine vaginal ring.The World Health Organization recommends that oral PrEP be offered as a prevention choice for people at substantial risk of HIV infection as part of combination HIV prevention approaches. The dapivirine ring is an investigational product that was found to be well-tolerated and to reduce the risk of HIV infection by approximately 30 percent in African women ages 18 to 45 years in two large studies: the NIH-funded ASPIRE clinical trial and The Ring Study led by IPM. IPM, which developed the dapivirine ring, is in the process of seeking regulatory approval for the product. Source:https://www.niaid.nih.gov/news-events/study-prep-and-vaginal-ring-hiv-prevention-begins-girls-and-young-women
© 2019 AFP Explore further Uber filed paperwork for IPO: report The report said Lyft’s documents for its initial public offering may be made public next week to allow the listing by late March.That would enable Lyft, whose valuation at an estimated $15 billion makes it one of the richest venture-backed startups, to make its pitch to investors in mid-March.The filing would put Lyft ahead of Uber, with an estimated $70 billion valuation, in the race for a public share listing that could bring in more capital and fund expansion.Lyft has discussed the possibility of expanding globally but so far has operated only in the US and Canada. Citation: Lyft set for March market debut: report (2019, February 21) retrieved 17 July 2019 from https://phys.org/news/2019-02-lyft-debut.html Lyft is preparing to list its shares on the Nasdaq exchange as early as next month, jumping ahead of ride-hailing rival Uber, the Wall Street Journal reported Wednesday. This document is subject to copyright. Apart from any fair dealing for the purpose of private study or research, no part may be reproduced without the written permission. The content is provided for information purposes only.
Abhishek Bhalla New DelhiJuly 12, 2019UPDATED: July 12, 2019 19:55 IST Dalai LamaVehicles with Chinese nationals dressed in civilian clothes reached close to the Line of Actual Control (LAC) in eastern Ladakh and protested against Tibetans celebrating an annual festival in the region. They displayed banners saying ‘ban all activities to spilt Tibet’.Sources said this was in reaction to a Tibetan flag being waved during the festivities in Koyul village near Demchok.Eleven people on two vehicles were spotted. They stopped for around 40 minutes and stood across River Indus on their side of the LAC.Demchok is an area that has seen Chinese transgressions in the past and in 2014 there was a fist fight between Indian and Chinese troops during a stand-off in Chumur, eastern Ladakh.It appears the action did not include People’s Liberation Army (PLA) personnel and there was no transgression or crossing of LAC.Sources said they are viewing the Chinese action as an intimidating tactic.China has been pushing to have its own successor of the Dalai Lama and pressing that any other appointment should not be given any recognition.”There were two vehicles with people dressed in civil clothes showing the banners. We don’t know whether they were PLA personnel since they were in civil clothes. Those protesting were on the Chinese side and made no attempt to cross over,” said a source.Sources added that the Chinese did not take up the matter in the official military meetings or communications.The Tibetans on the Indian side were celebrating Dalai Lama’s birthday, an annual festival by the name of Dole Tango.Also Read | Tibetan issue no longer struggle for political independence: Dalai Lama Also Watch | China roundtable: New Delhi buckling to Beijing by red-flagging Dalai Lama event?For the latest World Cup news, live scores and fixtures for World Cup 2019, log on to indiatoday.in/sports. Like us on Facebook or follow us on Twitter for World Cup news, scores and updates.Get real-time alerts and all the news on your phone with the all-new India Today app. Download from Post your comment Do You Like This Story? Awesome! Now share the story Too bad. Tell us what you didn’t like in the comments Posted bySanchari Chatterjee Chinese nationals protest on Ladakh border during Dalai Lama’s birthday celebrationsA group of Chinese nationals protested on the eastern Ladakh border as a village on the Indian side celebrated Dalai Lama’s birthday.advertisement Next