Savanna Peers APTN National NewsA couple dozen protesters were on picketing in Winnipeg Wednesday because they’re fed up with their muddy Provincial Road 280 between Gillam and Thompson.Tataskweyak Cree Nation members say hydro trucks have ripped up their community and want Manitoba Hydro to pave the road.The previous NDP government rolled out a five-year plan to pave the gravel road a couple of years ago, but northerners say it’s been very slow going.About 22 kilometres of the 130-kilometre stretch have been built up with crushed rock so far.Infrastructure Minister Blaine Pedersen said he understands the concerns raised by protesters, but noted that a number of factors, including the weather, have led to delays in the upgrades.Kevin Hart, Manitoba vice chief for the Assembly of First Nations, said Cree elders who use the road every second day to get to Thompson for dialysis treatments report the trip takes four hours. He said the conditions often leave them in great physical pain.– With files from The Canadian Press
TORONTO – A joint venture including the Canada Pension Plan Investment Board, GIC and the Scion Group LLC has bought a portfolio U.S. student housing properties for US$1.1 billion.The deal includes the acquisition of 22 properties from affiliates of Harrison Street Real Estate Capital and the recapitalization of two communities owned by Scion-affiliated private syndications.The properties are located in 20 university campus markets across the U.S. and include 13,666 beds.CPPIB and GIC each own a 45 per cent interest in the newly acquired portfolio and Scion owns the remaining 10 per cent.The board says it believes the secular strength of the U.S. student housing sector will continue to deliver attractive risk-adjusted returns and it looks forward to continue growing the joint venture with GIC and Scion.The joint venture’s portfolio now includes 73 student housing communities in 52 university markets, comprising 46,555 beds.
NEW YORK, N.Y. – Twitter is doing more with less, at least when it comes to making money from a declining user base.The company is purging and blocking the creation of malicious accounts and spam, including those set up to try to influence U.S. and other elections. Twitter averaged 326 million monthly users in the third quarter, 2 per cent fewer than the previous quarter. It was Twitter’s first quarter-to-quarter decline since it lost 1 million in the second quarter of 2017.But video advertising is strong, accounting for more than half of total ad sales in the quarter. Twitter said it saw solid revenue across nearly all geographic locations and types of ads.The San Francisco company’s stock is surging as investors are forgiving the huge drop in subscribers and focusing instead on stronger-than-expected profit and revenue. In the past, investors paid more attention to user growth than ad revenue, but the company’s stated focus on the “health” of its service appears to have helped. CEO Jack Dorsey opened a conference call with analysts by saying the company was purging “spammy accounts.”“I think they did a great job explaining it, and it was smart to lead off the call by addressing the decline directly,” Wedbush analyst Michael Pachter said.In addition, Dorsey said that Twitter’s daily usage declined among users who access the service only through the web. Pachter noted that it is “pretty clear” that bots use the web access and aren’t tweeting from smartphones.Twitter and other social-media companies are under intense pressure to rid their services of trolls and malicious accounts ahead of the U.S. midterm elections. In February, 13 Russians, including a businessman close to Russian President Vladimir Putin, were charged by U.S. special counsel Robert Mueller in a plot to interfere in the 2016 U.S. presidential elections through social-media propaganda. Twitter and others have since faced congressional questioning and have been trying to combat fake accounts, even as those behind them have gotten more sophisticated at skirting the blocking efforts.With its latest quarterly report, Twitter is proving that it can make more money even with fewer users. That makes sense if the decline is due to ridding its service of malicious bots that, at least for now, aren’t known for clicking on ads or buying shoes because they saw some advertised online.Even before Twitter took an aggressive stance on fake accounts, it had been struggling with user growth. Twitter is very well known, thanks largely to President Donald Trump’s headline-making tweets nearly every day. But this has not translated to noticeable user growth for the company.Dorsey said Twitter has a “different dynamic than a typical social network,” though he didn’t name larger rivals such as Facebook or Instagram. He said people visit Twitter because they are interested in an event or topic such as sports — and the faster Twitter can show this to them, the better.Twitter said it had earnings of $1.02 per share in the July-September period. Excluding one-time items, earnings were 21 cents per share, exceeding the 14 cents industry analysts had expected, according to FactSet. Revenue was $758 million, up 29 per cent, and also beating expectations.Shares spiked $4.88, or nearly 18 per cent, to $32.42 in midday trading Thursday.
GENEVA — Delivering final word in a nearly 14-year standoff, a World Trade Organization body has ruled Boeing received U.S. subsidies via tax breaks from Washington state that damaged sales of aircraft made by European archrival Airbus.The decision by the WTO’s appellate body considered whether the U.S. aeronautics and defence giant had complied with a 2012 ruling that found Boeing received at least $5 billion in subsidies that were prohibited under international trade rules.Thursday’s ruling found the Washington tax breaks led to lost sales of Airbus’ A320neo and A320ceo aircraft in five sales campaigns.The appellate body also reversed some previous rulings in favour of the EU, but found no grounds upon which the European bloc could seek damages from an arbitrator, except over the Washington state tax breaks.The Associated Press
TORONTO — The Toronto stock market closed slightly lower as investors took some profits from four weeks of solid gains and awaited a heavy slate of corporate earnings this week.Here are the closing numbersTSX — 13,371.84 -27.58 -0.21%S&P 500 — 1,762.11 +2.34 0.13%Dow — 15,568.93 -1.35 -0.01%Nasdaq — 3,940.13 -3.23 -0.08%Traders also digested earnings from tech giant Apple after the close that beat on earnings and revenue.The S&P/TSX composite index lost 27.58 points to 13,371.84 amid weak U.S. manufacturing and housing data.The Canadian dollar rose 0.09 of a cent to 95.74 cents US.U.S. indexes were also lacklustre amid data showing that U.S. factories barely boosted their output in September, adding to other signs that the economy was slowing even before the government shutdown began on Oct. 1.The Dow Jones industrials slipped 1.35 points to 15,568.93 as the U.S. Federal Reserve announced that manufacturing production rose only 0.1% in September, down from a 0.5% gain in August.Overall industrial production increased 0.6% in September, mostly because of a 4.4% jump in utility output.Other data showed that pending home sales fell 5.6% in September.The Nasdaq was down 3.23 points to 3,940.13 while the S&P 500 index was ahead 2.34 points to a fresh record close of 1,762.11.Apple (Nasdaq:AAPL) turned in earnings per share of $8.26, much higher than the $7.96 that analysts had forecast. Revenue of $37.5 billion beat expectations of $36.93. The company’s stock was down 3.75% in after-hours trading.In Canada, traders will be taking in earnings from a variety of resource heavyweights this week, including Suncor Energy (TSX:SU), Canadian Oil Sands (TSX:COS) and First Quantum Resources (TSX:FM) on Wednesday while, Imperial Oil (TSX:IMO) posts results the following day. Transport giant Bombardier (TSX:BBD.B) also reports Thursday.Last week, strong earnings helped push the TSX up 1.24%, the latest in a string of weekly gains on the TSX which has left the main index ahead 7% year-to-date with investors also encouraged by steady economic improvement in China and Europe.“It’s really continuing, I think the strength that we saw since the summer, the TSX also had a very solid third quarter with some of the commodity sectors becoming less oversold,” said Norman Raschkowan, North American strategist at Mackenzie Financial.“It’s partly a reflection that people are more constructive in their view of the world economy and I think it’s helped commodity prices broadly and that of course is always good for Canada.”The health care sector was the biggest percentage decliner, down 1.24%. Valeant Pharmaceuticals International, Inc. (TSX:VRX) fell $2.26 to $115.34 after it agreed to pay $142.5 million to settle all outstanding disputes with Anacor Pharmaceuticals of Palo Alto, Calif.Industrials were lower with both of the big railways down after racking up solid gains last week in the wake of better than expected earnings reports. Canadian Pacific Railway (TSX:CP) moved down $1.87 to $148.17 while Canadian National Railways (TSX:CNR) slipped $1.15 to $114.03.Techs were also weak with CGI Group (TSX:GIB.A) down another 63 cents to $34.96. A subsidiary, CGI Federal, was one of the main contractors for the U.S. government’s troubled health-care insurance website and its shares have slid almost nine 8% since Oct. 16. A congressional committee was told last week that the government didn’t allow enough time to test the system before it went online Oct. 1.Commodities were mixed and the base metals sector lost 0.75% with December copper unchanged at US$3.27 a pound. Teck Resources (TSX:TCK.B) gave back 60 cents to C$29.67.The energy sector gave back 0.58% while December crude closed up 83 cents to US$98.68 a barrel. Canadian Natural Resources (TSX:CNQ) declined 63 cents to C$32.69.Gold stocks led advancers, up about 0.9% while December bullion closed 30 cents lower to US$1,352.20 an ounce. Goldcorp (TSX:G) improved by 33 cents to C$29.31.Meanwhile, traders also looked to this week’s Federal Reserve policy meeting amid speculation on when the Fed will reduce its key monetary stimulus that has kept long term rates low and supported a rally on many stock markets.The Fed is currently buying $85 billion of U.S. government bonds and other securities but there are low expectations for the Fed doing anything to taper just yet.“Because of delayed data, the Fed won’t have enough information to determine whether the economy is strengthening sufficiently to warrant tapering,” said BMO Capital Markets senior economist Sal Guatieri. TOP STORIES WHAT’S ON DECK TUESDAYExpect a balanced budget with a big surplus in 2015: FlahertyHere’s why they call Prem Watsa the Canadian Warren BuffettMosaic Co to buy CF Industries’ phosphate business for $1.2-billionMassive US$100B merger between world’s top two beer producers would be fifth-largest corporate acquisition ever ECONOMIC NEWSCANADA8:30 a.m.Industrial product price index (Sept): Economists expect a decline of 0.1% Raw materials price index (Sept): Economists expect a decline of 0.5% UNITED STATES8:30 a.m.Retail sales: Economists expect no change 9 a.m.S&P Case-Shiller home price index (Aug): Economists expect a 0.7% gain from the month before, 12.5% rise year over year 10 a.m.Conference Board Consumer Confidence Index (Oct): Economists expect a reading of 75, down from the month before Business inventories: Economists expect a 0.3% rise CORPORATE NEWSUNITED STATESGoodyear Tire & Rubber Q3 earnings: Analysts expect 67¢ a share Occidental Petroleum Corp. Q3 earnings: Analysts expect US$1.90 a share Pitney Bowes Inc. Q3 earnings: Analysts expect 41¢ a share Pfizer Q3 earnings: Analysts expect 56¢ a share Western Union Co. Q3 earnings: Analysts expect 35¢ a share CANADAFirst National Financial Corp Q3 earnings New Gold Inc Q3 earnings: Analysts expect 4¢ a share Thomson Reuters Corporation Q3 earnings: Analysts expect 43¢ a share Yamana Gold Inc Q3 earnings: Analysts expect 8¢ a share
Digana was the scene of violent clashes in March last year when Sinhalese mobs attacked Muslim owned property. (Colombo Gazette) The court order was handed over to the Mahason Balakaya leader Amith Weerasinghe.Mahason Balakaya was preparing to stage a protest in Digana tomorrow against Muslim extremism. A court order has been issued against the Mahason Balakaya from staging a protest in Digana tomorrow.The Kandy and Teldeniya Magistrates issued the order against the Mahason Balakaya.
The State of the Environment Report in Asia and the Pacific warns that urbanization, land degradation and deteriorating water quality are among the problems plaguing the region, which has seen its urban population double over the past 20 years. “Is Asia heading for another crisis – an environmental crisis? The alarm bells are already sounding, calling for urgent attention of the international community,” said Kim Hak-Su, Executive Secretary of the UN Economic and Social Commission for Asia and the Pacific (ESCAP), which produced the report.”ESCAP’s message is a call for immediate action – action that must involve all stakeholders otherwise the environment will to continue to deteriorate further at a catastrophic rate,” he warned at the report’s launch in Bangkok on Tuesday.The Asian financial crisis adversely affected the region’s environment, according to the report. In many countries, environmental budgets have been reduced, leading to fewer investments in the conservation of resources, mitigation of environmental degradation and the development of clean technologies.The region is paying a high price for its environmental problems, ESCAP says. Land degradation and desertification – both on the increase – are causing annual losses estimated at $10 billion in South Asia and $700 million in North-East Asia. In Central Asian countries the losses amount to 3 per cent of gross domestic product (GDP). Overall, almost 500 million Asians have been affected by desertification.Pointing out that “funding is the key to confronting these enormous environmental challenges,” the report estimates that providing the region with environmental infrastructure and utilities such as water supply, sanitation, energy and transport in urban areas alone will cost around $10 trillion in the next 25-30 years.Mr. Kim observed that the environment of the Asia-Pacific region had deteriorated since the 1992 “Earth Summit” held in Rio de Janeiro. “This is the major challenge confronting us in the new millennium, which must be squarely addressed by the World Summit on Sustainable Development next year,” he said.
“The funds are urgently needed for effective multilateral work in developing countries to prevent maternal and child deaths, stop the spread of HIV/AIDS, provide voluntary contraception and to support the work to end poverty,” UNFPA said noting that the withheld money could prevent as many as 2 million unwanted pregnancies and 4,700 maternal deaths in developing countries.The United States is the only country to ever deny funding to UNFPA for non-budgetary reasons in the agency’s entire 36 years of operation.The Administration’s stated reason for withholding funds appropriated by Congress for the fourth straight year is simply incorrect, as an assessment team sent to China by the Administration itself found no evidence that UNFPA supports coercive abortions or sterilization, the Fund stressed.To the contrary, the team reported that UNFPA had registered its strong opposition to such practices. Other independent teams, from the British Parliament and a multi-faith panel of religious leaders, reached the same conclusion, some adding that UNFPA was a force for good, promoting positive change.”This decision is disheartening because it contradicts clear evidence that UNFPA works hard to end coercion by proving the efficacy and superiority of the voluntary approach to family planning over any other alternative,” Thoraya Ahmed Obaid, UNFPA’s Executive Director said.”I hope the United States will rejoin the family of nations that support our multilateral work to eliminate maternal deaths, prevent HIV/AIDS, empower women and reduce poverty,” she added. “Our task is made more urgent by the fact that more than 300 million poor women in the world suffer from short- and long-term illnesses related to pregnancy or childbirth, with more than half a million of them dying each year.”The current Administration has so far withheld $127 million in funds appropriated by Congress. Apart from preventing as many as 2 million unwanted pregnancies and 4,700 maternal deaths in developing countries, one year’s withheld funding of $34 million could also be used to scale up promising maternal health and HIV-prevention efforts, as well as to treat young women suffering from obstetric fistula.
Photos by Jeff Barrett USU Eastern Press ReleasePRICE – Utah State Eastern women’s basketball defeated the College of Southern Idaho Golden Eagles 70-62 on Saturday at home. From the moment the ball was tipped to the final buzzer, the Eagles only allowed CSI to hold the lead once and that lead was only by three.The Eagles grabbed momentum in the second quarter after making five threes in the period. After leading at halftime by four, the Eagles continued to control the game because of their rebounding and defense.“Our coaches told us this week that rebounding and transition would be key to getting the win,” said USU Eastern freshman Morgan Toluono.USU Eastern was plus eight on the rebounding in the game as a team, including a fourth quarter where the Eagles grabbed 15 rebounds. Toluono led the Eagles in rebounding on Saturday with 12 boards. She also had 16 points and three assists.“Morgan brings a lot to the table in every game, especially her energy, and that showed tonight,” said Eagles forward Harley Carlisle.In the fourth quarter, the Eagles held a 17-point lead with 6:25 left to play, their largest of the game until CSI called a timeout to make adjustments. CSI wouldn’t quit and made things interesting down the stretch following the timeout.“They wanted the quick points but we had to control the ball and run the clock like what our coaches told us to do,” said Toluono.The Eagles would prevail, however, and close out CSI to move to 2-0 on the season in conference play. Saturday’s win was a result of a very good week of practice, according to Carlisle.“We were focused all week on CSI and we prepared hard and our coaches believed in us,” said Carlisle.USU Eastern’s leading scorer on Saturday was freshman guard Emmery Wagstaff with 19 points. Sophomore forward Alyssa Crumley also contributed in both points and rebounds with 15 points and eight boards.Up next for the 14-3 Eagles is a road trip on Thursday against nationally ranked Salt Lake Community College. Thursday’s game will begin at 5:30 p.m. and can be seen on the Scenic West Digital Network.
Matthew Stafford21.71927-8 Aaron Rodgers22.13532+3 Blake Bortles25.41411+3 Among the 47 games Brees started in the past three seasons, the Saints would have won 10 more games (technically, they would have won 12 games they actually lost and lost two they had actually won, for a net increase of 10). In both 2014 and 2016, Brees’s record would have been 11-5, and New Orleans would have made the playoffs. To be sure, this is just a back-of-the-napkin calculation, and several variables can distort this expected-win statistic — for instance, Brees and the Saints probably wouldn’t have scored as much if they hadn’t been constantly losing.But when you look at all the non-Brees starting quarterbacks who also started from 2014 to 2016, the connection between clearing the league-average point total and winning games is quite strong: The quarterbacks in our sample average 0.97 wins for every one time they clear that bar. Brees, on the other hand, registered 0.68 wins for his better-than-average offensive days. Matthew Stafford is the anti-Brees in this regard: The Detroit Lions’ QB has 27 wins since 2014 despite leading an offense that beat the league-average point total just 19 times. Alex Smith18.82730-3 WINS Eli Manning23.52523+2 Tom Brady18.63335-2 Carson Palmer20.72625+1 Joe Flacco20.32321+2 Matt Ryan24.32925+4 Drew Brees28.23121+10 Cam Newton23.02726+1 Jay Cutler26.11112-1 Drew Brees is in a league of his own statistically. He has led the NFL in passing yards three years in a row and seven times as a Saint (no other player in history has hit that mark more than five times). He has topped 5,000 yards five times — all other quarterbacks in history have combined for only four such seasons. Brees’s New Orleans offenses have finished in the top 10 in scoring in six straight years, and his nine consecutive seasons of 30 or more TD passes are nearly twice as many as the next closest QBs (Brett Favre 1994-98 and Peyton Manning 2009-14). Brees’s passing résumé would force the office printer to run out of paper.But there is one reasonably important statistic that Brees struggles in: winning football games. The Saints last had a winning season in 2013, finishing 7-9 for three straight years. And in the 16-game era, no quarterback has started every game and missed the playoffs more often than Brees, who has done this seven times. Even some Saints fans are asking whether Brees is merely a compiler of gaudy passing numbers who can’t deliver in the clutch.But Brees isn’t the reason the Saints have lost 27 games in three seasons — the defense is. Among all 32 teams from 2014 to 2016, the Saints ranked 28th, 32nd and 31st in points allowed per game, respectively. Over those three seasons, the Saints gave up 28.2 points on average in Brees’s starts — that’s practically a touchdown more than the league average during that time (22.7). No other current starting quarterback in this time period has nearly this high a hurdle to clear to get a win.1For this, we looked at the 18 quarterbacks who are currently starters and also started for any team in 2014, 2015 and 2016. The three quarterbacks with the most wins during that time — Tom Brady (35), Aaron Rodgers (32) and Russell Wilson (32) — have defenses that have allowed an average of 18.6, 22.1 and 17.1 points per game, respectively.2Only counting games in which they started.Let’s pretend for a second that New Orleans had an average defense — not even a good one — over the past three seasons. If the actual points surrendered by the Saints in each of the 47 games that Brees started in 2014-16 were replaced with the league average for the season, how many more games would Brees have won? Russell Wilson17.13032-2 Ben Roethlisberger21.03028+2 It’s not Brees’s faultThe difference in win total for quarterbacks if their actual defense was replaced by a league-average defense in each game, 2014-16. Derek Carr25.82322+1 Andrew Luck24.22821+7 Andy Dalton19.72526-1 QUARTERBACKAVG. OPP. PTS/GAMEEXPECTEDACTUALDIFF. All newsletters The Saints need a defensive awakening to happen soon. Although Brees plays as though he’s ageless, he’ll turn 39 in January. He doesn’t even need his defense to be good for the team to be successful. The Saints have finished 20th or better in points allowed just five times in his 11 seasons in New Orleans, and Brees has led his team to the playoffs in each of these seasons — averaging 12 wins. Alas, those are his only winning seasons for Payton and his rotating cast of defensive coordinators.Check out our latest NFL predictions. For current starting quarterbacks who also started in the 2014 through 2016 seasons. Expected wins are based on whether the opposition team scored the NFL average points per game for a given season.Source: pro-football-reference.com Philip Rivers24.42218+4 The Saints offense does occasionally sputter, and for those games, the team’s chances of winning are solely reliant on the defense — in other words, virtually hopeless. In games when the Saints scored less than the league average, they went 2-14. Brady’s Patriots went 5-6 when they failed to best the league average.The Saints head into their season opener in Minnesota tonight determined to finally turn around their defense. Head coach Sean Payton said he’s “optimistic” about the unit. Players are even hoping a preseason stretch of eight consecutive quarters without allowing a touchdown will prove meaningful now that the games actually count. We’re launching a sports newsletter. 🏆 Join the squad. Subscribe
If Ohio State men’s basketball sophomore forward Jared Sullinger’s recent injuries are still bothering him, he did a good job of hiding it on Tuesday night against Lamar. Sullinger led all players in both points and rebounds with 18 and 11, respectively, as No. 2-ranked OSU defeated Lamar, 50-70, at the Schottenstein Center Tuesday in the first-ever contest between the two schools. Sullinger, who was hampered by back spasms he suffered during OSU’s Nov. 29 victory against Duke and a bone bruise he suffered against South Carolina Friday, logged 30 minutes of playing time Tuesday. He had 31 combined minutes in the Buckeyes’ previous two games “It got better. The swelling went down,” Sullinger said of the foot injury that forced him from OSU win against the Gamecocks just six minutes into the game. “During the course of the game (Tuesday), it started to loosen up more. I played today, so that’s always a good sign.” OSU coach Thad Matta agreed. “We’re getting him and we can continue to see the improvement on a daily basis,” Matta said of Sullinger’s injuries. OSU led by just five points halfway through the first half before outscoring Lamar and growing the lead to 13 by halftime. OSU fans also got a bit of a scare in the first half when senior guard William Buford came out with what looked like a shoulder injury. Buford winced and tugged on his right arm and wrist as he darted for the bench to receive medical attention. Buford would later return and Matta said after the game that he sustained a “stinger,” or temporary paralysis, in his neck. Sullinger scored 10 of his team’s first 12 points in the second half, during which the Buckeyes led by double digits the entire time. Eight of the 10 points were scored via dunk or layup. “He’s so quick with the ball,” Lamar coach Pat Knight said. “He had my guys so buried and he was so close, he had the ball up before we could even get anybody down there to double down on him.” Knight’s father, former OSU basketball player and Hall of Fame coach Bob Knight, was presented with an alumni award during a halftime ceremony by former OSU football running back and two-time Heisman Trophy winner, Archie Griffin. Knight was a member OSU’s1960 national champion men’s basketball squad. When play resumed after Knight addressed the crowd, Lamar was unable to mount a comeback. The visitors failed to connect on all 12 of its 3-point attempts despite numerous open looks. “We just couldn’t hit shots,” Pat Knight said. The lead grew to 20 on a Sullinger lay-up with just under eight minutes in the game. The Buckeyes never looked back. “If you told me we were going to win by 20 points tonight, I would have told you you’re crazy,” Matta said. “I thought Lamar was a really good basketball team and we probably did some things better than I thought we did.” The Buckeyes (11-1) conclude the non-conference portion of their schedule Thursday against the Miami Redhawks at Nationwide Arena. Opening tip is scheduled for 8:30 p.m.
Talks aimed at ending two-week Bus Éireann strike to continue In Cork, Limerick and Galway, the strike is being described as hugely damaging. Saturday 8 Apr 2017, 9:35 AM 12,633 Views Share5 Tweet Email http://jrnl.ie/3330393 Short URL Image: PA Archive/PA Images 36 Comments Image: PA Archive/PA Images TALKS AIMED AT ending the Bus Éireann strike which has gone on for over a fortnight resume this morning.Unions and management at the beleaguered company went on for 27 hours before being adjourned yesterday morning.It is believed that conditions and pay for drivers remain the stumbling blocks in the talks, while some agreement has been reached on efficiencies and structures.The strike is now in its 16th day, with much of the country and cities outside of Dublin being left without bus services.In Cork, Limerick and Galway, the strike is being described as hugely damaging.Retailers group Retail Excellence has called for a resolution to the dispute, saying that retail workers are losing out.“We are continuing to field calls from understandably exasperated retailers throughout the country informing us of the impact on their business.“In fact, one Cork retailer informed us that on one of the busiest shopping streets in the City he recorded interaction with just one customer over the course of a full day earlier this week.”Read: ‘In Cork, Bus Éireann is the equivalent to Dublin Bus. The strikes are hugely damaging’ Apr 8th 2017, 9:35 AM By Paul Hosford Tweet thisShare on FacebookEmail this article
The government on Thursday passed a final set of reforms required for the release of up to 12 billion euros in loans. But the bill’s passage came at a cost as two MPs who broke ranks with the government were ousted from their parties’ parliamentary groups, reducing the government’s majority to three.The multi-bill was approved with 153 votes to 137 in the 300-seat House. Apart from stricter terms for the protection of first homes from repossessions, it includes a small tax on wine (at 20 cents a liter, half the amount originally proposed by the government).The wine tax, along with a small tax on games of chance, allowed the government to revoke a controversial proposal for a value-added tax on private education.The two MPs who defected on Thursday night were Stathis Panagoulis of leftist SYRIZA, who abstained, and Nikos Nikolopoulos of Independent Greeks (ANEL), who voted “no.”Earlier in the day, former government spokesman Gavriil Sakellaridis resigned in protest at the new measures. His resignation had no impact on the government’s majority as he gave up his seat which was taken by Alternate Administrative Reform Minister Christoforos Vernardakis.Prime Minister Alexis Tsipras was swift in responding to dissent. His attempt to display a zero tolerance approach comes as government officials and representatives of Greece’s international creditors discuss a second set of tough measures including increases to farmers’ taxes and a pension overhaul.The passage of the bill on Thursday is aimed at unlocking a 2-billion-euro loan tranche from the third bailout and paving the way for the release of up to 10 billion euros for recapitalizing Greek banks. A decision on the timing of the disbursements is expected on Friday.Writing on Twitter on Thursday night, European Economic and Monetary Affairs Commissioner Pierre Moscovici seemed upbeat. “Tonight’s vote in Athens is another step forward for Greece,” he wrote.“We will assess with other institutions and report to EWG tomorrow,” he added, referring to a summit of the Euro Working Group.Source: Kathimerini Facebook Twitter: @NeosKosmos Instagram
Let us know what you like about Geek by taking our survey. Stay on target Twitter: @moby_dickheadInstagram: @adamtotsTeePublic: @adamtots AdamTots Presents: One Bowsette to Rule Them AllAdamTots Presents: By Your Powers Combined
00:00 00:00 spaceplay / pause qunload | stop ffullscreenshift + ←→slower / faster ↑↓volume mmute ←→seek . seek to previous 12… 6 seek to 10%, 20% … 60% XColor SettingsAaAaAaAaTextBackgroundOpacity SettingsTextOpaqueSemi-TransparentBackgroundSemi-TransparentOpaqueTransparentFont SettingsSize||TypeSerif MonospaceSerifSans Serif MonospaceSans SerifCasualCursiveSmallCapsResetSave SettingsFor the last 40 years, Imperial Beach has been the official dumping ground for Mexican sewage. In one of the biggest spills, 280 million gallons of raw sewage flooded directly into the ocean from the Tijuana River Valley, closing the beach for weeks.Now, with a little help from a private company, there’s hope for clean water in San Diego once again.KUSI’s Dan Plante spoke to Imperial Beach Mayor Serge Dedina about the potential new plan.Related: San Diego Surfrider Foundation intends to sue over Tijuana pollution August 26, 2018 Imperial Beach sewage solution may involve selling waste to wine makers Dan Plante, Dan Plante Categories: Local San Diego News Tags: Tijuana Sewage FacebookTwitter Posted: August 26, 2018
SEATTLE — For some laboring in Washington state’s fledgling marijuana industry, last week’s announcement by the U.S. Justice Department was a policy shift more nuanced than bold, more a flashing caution signal than a green light.The department’s long-awaited statement on legalized marijuana in Washington and Colorado offered neither outright support nor opposition. Instead the four-page memo to federal prosecutors set boundaries on what the feds would tolerate from the two states creating recreational markets for adults.At the same time, the memo made it clear that all marijuana remains illegal under federal law.While the new federal direction might eventually lead to profound changes in marijuana policy across the country, things on the ground in Washington state haven’t changed dramatically – yet.Final rules will be proposed Wednesday by state officials for a system that will allow adults to buy an ounce of marijuana in regulated stores. Those rules already contain many of the safeguards the federal government is seeking: Don’t sell or market to minors, don’t evade taxes, don’t divert marijuana to other states.But obstacles remain.Nothing in the federal memo compels resistant Washington cities to allow marijuana merchants within their borders.And the reluctance of federally insured banks to touch legal marijuana money is still a major impediment, leaving a multibillion-dollar industry to deal only in cash.
Jul 26 • Doom Eternal: QuakeCon ‘Year of Doom’ keynote shows more ‘Battlemode’ action E3 2019 E3 2019 Aug 3 • E3 journalists see their personal info exposed by security flaw Post a comment Aug 28 • Star Wars Jedi: Fallen Order trailer, gameplay footage and everything we know See All reading • Elon Musk announces Fallout Shelter and Cuphead for Tesla Culture E3 is in full flight and, to be honest, the last person we expected to arrive announcing new video game launches was Elon Musk.But here we are.Today, during a conversation with Bethesda’s Todd Howard and Geoff Keighley, Elon Musk announced, firstly that Bethesda’s mobile game Fallout Shelter, which has been downloaded 63 million times and grossed more than $100 million worldwide, would be available on Tesla cars in the future, alongside Cuphead, the super difficult throwback side-scroller that was released in 2018.He also announced Beach Buggy Racing 2, a racing game you control with the ACTUAL Tesla steering wheel. Which makes sense in an insane sort of way.”If you’ve got a racing game and a steering wheel,” explained Musk, “the steering wheel is sitting there waiting to be steered.”But more video games on the Tesla is a good thing. No official release date as of yet. 0 Share your voice Tags • Aug 19 • Borderlands 3: FL4K, new endgame content and everything else we know Elon Musk Tesla
Satyam Computer Services’ founder B Ramalinga Raju and four others have been banned by Sebi from markets for 14 years and have to pay up Rs 1,849 crore, owing to unlawful gains made through sale of shares.The other four executives banned are B Rama Raju, former managing director, Vadlamani Srinivas, former chief financial officer, G Ramakrishna, former vice-president (finance), and VS Prabhakara Gupta, former head (internal audit).The Securities and Exchange Board of India (Sebi) said on Tuesday that all of the five former executives have to pay a simple interest of 12 percent of the sum since 7 June 2009, within 45 days from the date of this order, according to a Mint report, which calculated that the the five of them have to pay at least Rs 2,958.29 crore to Sebi.According to Sebi’s order, Ramalinga Raju made Rs 543.93 crore as unlawful gain, Rama Raju Rs 1.258.88 crore, Srinivas Rs 29.5 crore and Ramakrishna made Rs 5.12 crore.In June 2009, Raju resigned from the company, disclosing the truth of manipulating and falsely inflating the profits for years and sending its shares falling nearly 80 percent. He was arrested after the scam but now is out on bail.Raju had accepted that the company’s balance sheet as of 30 Sepetmber 2008 was fabricated. It showed a non-existent inflated cash and bank balance of Rs 5,040 crore, thus resulting in displaying a false balance that went up by Rs 588 crore for the quarter, reports the Economic Times.After his acceptance, Sebi initiated its probe and detected financial mis-statements to the tune of nearly Rs 12,320 crore.”It is to be kept in mind that financial statements are the yardstick that numerous stakeholders use to assess the financial health of a company. Falsified financial statements may lead to wrong assessments and flawed investment decisions,” said Rajeev Kumar Agarwal , Sebi whole-time member, in the 65-page order.The government then auctioned the company to protect the interest of investors and employees. According to the Hindustan Times, Tech Mahindra, part of Mahindra & Mahindra, won the auction and merged the company with itself, renaming Satyam Computer Services as Mahindra Satyam.Here is a documentary on Satyam scam:
Space exploration news is mostly found on the internet and TV, but NASA is providing another cool medium that will allow science buffs to tune into its latest Mars mission.Today, NASA launched “On a Mission,” an eight-episode podcast series that will follow the InSight lander’s journey beyond Earth’s borders and its attempt to land on Mars next month. “On a Mission” is the first JPL podcast to track a mission’s flight through interviewers with Insight’s team at NASA’s California-based Jet Propulsion Laboratory.The podcast, which will be narrated by science journalist Leslie Mullen and InSight team members, will feature episodes that bring together humor and storytelling to keep listeners updated on InSight’s journey to Mars and the behind-the-scenes work of this mission. The podcast’s first two episodes are available to stream on NASA, the InSight website, Apple Podcasts, and SoundCloud. For Episode 1, readers will learn about how the odds of reaching Mars’ surface are low due to various factors, such as changing space conditions.As InSight gets closer to Mars, new 20 to 30 minute episodes will be released on a weekly basis. The final episode of the podcast will focus on what happens when the InSight team tries to land InSight on Mars on Nov. 26. If the mission is successful, InSight will be the first robotic explorer to study Mars’ crust, core, and mantle and give humans a glimpse of the early formation of rocky planets in the inner solar system.More on Geek.com:Best Scary Podcasts to Get You Ready for HalloweenThe Best Podcasts for Superhero FansMore Marvel Podcasts We’d Listen to After Wolverine: The Long Night Stay on target Elon Musk’s Cheeky ‘Nuke Mars!’ Post Is Taking Over TwitterA ‘Star Wars: Galaxy’s Edge’-Themed Cookbook Is Coming This Fall