TSX higher on oil price surge Wall St hits new record as

first_imgTORONTO – A strong rally in the price of oil helped Canada’s main stock index stay out of the red Tuesday, as Wall Street indices hit another all-time high.The S&P/TSX composite index was up 1.59 points to 16,319.24, with rising energy stocks offsetting losses in the materials sector.The February crude contract surged US$1.23 to US$62.96 per barrel.“There’s been better price action within a lot of commodities, particularly within the energy complex,” said Sid Mokhtari, executive director at CIBC Capital Markets.“It may appear to be overbought but the sentiment behind it continues to improve and help the energy sector in Canada and the U.S. And that’s something that had been lagging in the past.”South of the border, the U.S. stock market is marking its longest New Year’s winning streak in eight years.In New York, the Dow Jones industrial average advanced 102.80 points to 25,385.80. The S&P 500 index added 3.58 points to 2,751.29 and the Nasdaq composite index was up 6.19 points to 7,163.58.On the Canadian corporate front, shares of Royal Bank of Canada (TSX:RY) were up 53 cents, or 0.51 per cent, to $104.84 Tuesday amid comments by RBC CEO Dave McKay that Canadian banks are expecting some short-term pain from U.S. President Donald Trump’s tax overhaul but a significant lift on future earnings. McKay said RBC expects a writedown of US$150 million, plus or minus 10 or 15 per cent, in the bank’s first quarter but is expecting an annual tax-positive benefit of US$150 million to US$200 million going forward.Meanwhile, Restaurant Brands International Inc.’s stock (TSX:QSR) was down 38 cents, or 0.49 per cent, to $77.95 as a social media movement encouraged people to join “No Timmies Tuesday” and instead visit independent coffee shops. Many people are denouncing the coffee-and-doughnut chain and participating in a boycott until some Ontario franchisees and their corporate parent, RBI, come up with a different solution to offset the province’s minimum wage hike than clawing back employee benefits.In currency markets, the Canadian dollar closed at an average trading value of 80.30 cents US, down 0.20 of a U.S. cent.Elsewhere in commodities, the February natural gas contract was up nine cents to US$2.92 per mmBTU. The February gold contract fell US$6.70 to US$1,313.70 an ounce and the March copper contract was down a cent at US$3.22 a pound.Follow @DaveHTO on Twitter.last_img read more

South African Muslims Mourn passing of Mandela

first_imgNAIROBI – The South African Muslim Network (SAMNET) says joins all South Africans in mourning over the death of Nelson Mandela, an icon in South Africa and across the globe in a press release on Friday.On behalf of South African Muslims SAMNET extended condolences to Mandela’s family, the African National Congress and South Africans at large.Mandela, known by his clan name as Madiba by locals, left a legacy second to none in the annals of South African history and although his unshakeable passion to eradicate injustice brought him and his family much strife and suffering, he remained steadfast in championing in the cause of the poor, powerless and down-trodden, said SAMNET Chairperson Dr. Faisal Suliman in a statement. “To him justice and equality were indivisible and had to be relentlessly pursued irrespective of race, colour or creed and without fear or favour. Remarkably, he never deviated from the consistent, principled response to injustice and inhumanity throughout his life even when it was politically “incorrect”” read  the  statement.Dr. Faisal said the best tribute paid to Madiba would be to emulate many of the principles he stood for, to speak truth to power and to continue to build on his legacy of non- racism and equality for all.last_img read more

Ban Kimoon International Olympic Committee discuss expanded cooperation

“We will work very closely together for our common efforts to address global warming issues,” Mr. Ban told reporters in Lausanne, Switzerland, following his meeting with IOC President Jacques Rogge.The Secretary-General and Mr. Rogge also conferred on the potential positive impact of this summer’s Beijing Olympics.The upcoming Games will create “a very important momentum” to spur discussions on peace, as well as climate change, a top priority for Mr. Ban.He expressed his appreciation for the IOC’s commitment to the Millennium Development Goals (MDGs), eight targets to eliminate poverty and other ills by 2015, especially in regards to the environment.The Secretary-General also lauded Mr. Rogge for being recognized as 2007 Champion of the Earth by the UN Environment Programme (UNEP).“Through sports we can promote peace and dialogue and reconciliation,” Mr. Ban noted.Tomorrow, Mr. Ban is scheduled to address a memorial service in honour of the 17 UN staff members who lost their lives in last month’s terrorist bombing in Algiers, Algeria.After attending the World Economic Forum in Davos this week, he will depart for another leg of his trip which will take him to Slovenia, Slovakia, Rwanda and Ethiopia. 22 January 2008United Nations Secretary-General Ban Ki-moon and the head of the International Olympic Committee (IOC) today agreed on expanding their cooperation, especially in tackling climate change. read more

Foreign workers program must be temporary aimed at high skills Carney

OTTAWA — Bank of Canada governor Mark Carney says the controversial temporary foreign workers program should not be used to drive wages down or to fill lower-skilled jobs.Speaking to the Commons finance committee for the last time before his departure for London in June, Carney said the intent of the program is that it be used primarily to fill needs for high-skilled jobs temporarily, until businesses can train Canadians to take over.[np_storybar title=”Bank of Canada’s Mark Carney keeps rate hike on the table” link=”https://business.financialpost.com/2013/04/23/mark-carney-bank-of-canada/”%5D The Bank of Canada’s key interest rate of 1% is likely appropriate “for a period of time” after which borrowing costs will probably increase, outgoing Governor Mark Carney reiterated in front of a Canadian parliamentary committee Tuesday.Continue reading. [/np_storybar]In a two-hour appearance Tuesday, Carney used the occasion to touch on a number of politically sensitive subjects, including the government’s move to increase tariffs on imports from 72 countries, the labour market, the Canada-U.S. price gap, and the contentious foreign workers program.The latter issue became a hot potato for the government after news broke that an outsourcing company doing work for the Royal Bank had brought in foreign workers to do work that had been done by about 45 Canadians at the bank. RBC chief executive Gordon Nixon later apologized and the government pledged to reform the program to ensure foreigners are not brought into the country for jobs already held by Canadians.The challenge of a skills shortage is not unique to Canada, Carney said, but the solution is training not bringing in temporary foreign workers. Contrary to some views, he added, Canada’s labour market is among the most flexible in terms of mobility among industrialized countries.“There are some signs of skills miss-matches (but) we do believe employers play an important role to ensure life-long skills development is a part of the nature of business in Canada,” he told the MPs.He added that the program should concentrate on shortages of high-skilled workers, and not on service jobs and other lower-wage categories that critics say are now being filled by foreign imports. The solution to that, said Carney, is for employers to pay higher wages and improve productivity.“One doesn’t want an over-reliance on temporary foreign workers for lower-skilled jobs, which prevent the wage adjustment mechanism for … making sure Canadians are paid higher wages, but also that the firms improve their productivity,” he explained.Carney said he believes the current Conservative government review is intended to address those objectives.In other testimony, the central banker said it is quite likely that interest rates will remain at current historically low levels for some time.He said the bank policy-making team considers three factors in its decisions about interest rates — unused capacity in the economy, inflation pressures, and household debt and finances — and all currently point to the trendsetting policy rate remaining at the current one per cent.Throughout the hearing, committee members from different stripes attempted to draw in the governor into supporting their ideological views, and with some success. Carney noted on one occasion that his only advice to his successor might be not to answer a “loaded” question.On one issue — the budget decision to lift preferential tariff treatment on 72 countries, including China — Carney conceded to the opposition MPs that in general terms, one objective for such a policy is to increase government revenues. Ottawa has estimated the higher tariffs on more than 1,000 consumer goods will bring in $350-million a year.But he also sided with government members that another policy objective could be to help Canadian manufacturers compete with imports.The question, posed by NDP MPs, was intended to solicit the response that the higher duties would exacerbate the price differential between U.S. and Canada.But Carney said according to the bank’s own research, that gap has actually closed from the high teens to about eight per cent in the past two years, in part due to higher competition in Canada’s retail sector and also to the fact retailers needed to lower prices to discourage cross-border shoppers. Carney said he believes there may always be a price gap between the two countries due to economies of scale the bigger and more concentrated U.S. market allows and by the fact Canadian retailers have lower productivity and employ more workers on average than their American counterparts.The meeting had its lighter moments. Senior deputy governor Tiff Macklem, the prohibitive favourite to replace Carney, was asked directly if he was interested in the job.“If asked I will serve,” he said to smiles from the MPs, but would not elaborate further.The meeting ended with committee chairman James Rajotte handing Carney a parting gift of what appeared to be a poster from his favourite team — the Edmonton Oilers — to take to London with him.The Canadian Press read more

Sierra Leone UN official welcomes new step in restoring civil authority in

Behrooz Sadry, along with Sierra Leonean officials, presided over the hand-over of the offices and residence of the highest-ranking district official – the Senior District Officer (SDO) – in Makeni Province, the former headquarters of the rebel Revolutionary United Front (RUF).In his address, Mr. Sadry said process of the restoration of civil authority, which started with the deployment of the Sierra Leone Police and the return of paramount chiefs, culminated in the return of key provincial and district officials, including SDOs, throughout the country.Along with the restoration of state authority comes “state responsibilities which the government is committed to uphold,” Mr. Sadry said, urging the population to exercise patience to enable the government and other stakeholders to meet their responsibilities to consolidate peace-building efforts after the decade-long war.He also pointed out that judicial coverage throughout the country was a critical area that needed immediate attention in the restoration of state authority. “UNAMSIL will commence work to rehabilitate, refurbish and provide furniture for the Magistrate’s court buildings in Makeni, Magburaka and Kabala,” he said.For his part, Sidique Brima, the Sierra Leone Minister of Local Government and Community Development, said the inauguration of the buildings was remarkable and symbolic. In a reference to the past, he said, “We must prevent a recurrence of the carnage and learn to love one another and maintain fairness and social justice amongst all citizens.” read more

Parliament shooting is my journey home affected

first_imgThe Met is urging people to remain calm, be alert and vigilant.Have the buses been affected?All buses are being diverted away from Westminster, TfL said, with bus tickets accepted on London Underground services. 1/3 We can confirm that the London Eye is temporarily holding our guests on board following the incident on Westminster Bridge— The London Eye (@TheLondonEye) March 22, 2017 There is no other interconnecting line at the station and all other London Underground lines are running subject to usual disruptions. A suspected terror attack in Westminster today is causing travel disruption in central London and could impact the commute home of thousands of workers.Are trains disrupted?Westminster Station is closed “due to a police investigation”, the District Line said on Twitter. “Trains are running but not stopping at Westminster.” Buses in Central London are diverted with delays due to a Police incident at Westminster Bridge. Bus tickets are accepted on LU services.— TfL Bus Alerts (@TfLBusAlerts) March 22, 2017 Due to a police incident, the Abbey will be closed for visiting for the rest of today.— Westminster Abbey (@wabbey) March 22, 2017 What about the roads?The Met is urging people to avoid Westminster and the Houses of Parliament, where the attack took place. Westminster Station is closed due to a Police investigation— District line (@districtline) March 22, 2017 Road closures in place so emergency services can deal with incident in #Westminster – visit our website for info https://t.co/AaDPTyx3f5— Metropolitan Police (@metpoliceuk) March 22, 2017 “Avoid Parliament Sq, Whitehall, Westminster and Lambeth Bridge, Victoria Street up to junction with Broadway & Victoria Embankment/tube,” the force said. Embankment tube station is open. Transport for London (Tfl) said that all approaches towards Parliament were closed and that there was heavy traffic in the area. What about river services?The Port of London Authority says the river is shut between Vauxhall Bridge and the Embankment.Are any attractions impacted?The London Eye, not far from the Houses of Parliament across the Thames, held guests in the attraction for a short while as the initial police operation took place.  The Met said it was deploying additional police officers across the capital this afternoon. For the latest information, see the Met’s website or follow @MetPoliceUK on Twitter. Westminster Abbey has closed and will remain so for the rest of the day.  Waterloo, the nearest major station, as well as Victoria and London Bridge, are operating as usual. All approaches are CLOSED twds Parliament Sq, due to a police incident. @metpoliceuk @Ldn_Ambulance on scene. Traffic is heavy in the area.— TfL Traffic News (@TfLTrafficNews) March 22, 2017last_img read more

Wilfred Owens looted bugle played for the first time since poets death

Hundreds of Wilfred Owen fans have gathered in darkness in the early hours of Sunday morning at Forrester’s House, where the war poet spent his final nights, to retrace his last steps and to hear his bugle played publicly for the first time since his death a century ago. The onlookers have descended… With their cold breath visible in the light of head torches and frost crackling underfoot, the crowd watches reverently as musician Thoren Ferguson starts the day’s events with a rendition of ‘Flowers in the Wood’ on the Wilfred Owen violin, an instrument fashioned from the branch of a Sycamore tree in the grounds of the Craiglockhart military hospital, where Owen met fellow poet Siegfried Sassoon.

NO PLACE FOR BEZJAK Vujovic chooses Slovenians for EURO 2016

Slovenian NT head-coach Veselin Vujovic announced the squad-list for the upcoming Men’s EHF EURO 2016 in Poland. The 55 years-old legendary player, currently on dual job in PPD Zagreb and Slovenia, will have 21 players at the start of the preparations. Experienced goalie Primož Prošt (FA Goppingen) has to miss next big event due injury, while the most interesting decision has been taken about playmakers who will represent Slovenia in Poland.THW Kiel’s wish, member of SC Magdeburg, Marko Bezjak, is out of “TOP 3”. Uroš Zorman, Dean Bombač and Miha Zarabec are in the squad instead of him…Slovenia will play in Group C alongside Germany, Sweden and Spain.ROSTER:GOALKEEPERS: Klemen Ferlin, Gorazd Škof, Matevž SkokLEFT WINGS: Darko Cingesar, Simon Razgor, Luka ŽvižejLEFT BACKS: Klemen Cehte, Borut Mačkovšek, Sebastian Skube,PLAYMAKERS: Dean Bombač, Miha Zarabec, Uroš ZormanRIGHT BACKS: Jure Dolenec, Vid Kavtičnik, David Miklavčič,RIGHT WINGS: Dragan Gajić, Gašper MargučLINE-PLAYERS: Blaž Blagotinšek, Matej Gaber, Vid Poteko, Miha Žvižej ← Previous Story QATAR: El Jaish beat Lekhwiya in derby! Next Story → Meshkov Brest want Siarhei Rutenka EURO 2016Slovenia read more

Fire ant floating rafts study may lead to better waterproof materialsrobot behavior

first_imgIf you don’t like insects, and ants in particular, the video above is going to do nothing to enhance your day. But what it does show is quite incredible. When in water, fire ants band together and create a water-tight floating raft capable of holding a large amount of weight without breaking.On the one hand this is nature at its coolest with the ants clearly evolving to automatically carry out this survival behavior when necessary. On the other, it’s behavior that could lead to the development of better waterproof materials.Scientists have been studying these ants for years, but until now have never looked into this raft system they form with their own bodies. A single ant doesn’t do very well in water, but when a group are dropped into liquid they create a raft that no water can break through. Better yet, none of the ants get wet even on the lowest level of the raft.The trick to this is the use of air molecules trapped in the hairy, rough exterior of each ant. The air gives buoyancy and a barrier from getting wet. When lots of ants hold on to each other using their mandibles, its as if they are floating above the water on this layer of air. In fact, the researchers found they hold together like adhesive with a force 400x their own body weight.Such a technique for staying dry is known as the Cassie-Baxter law of wetting. It states that as a surface gets rougher it’s harder for water to maintain contact. In this case the ants not only manage to float, they strengthen their grip on each other when pushed underwater and manage to keep the raft intact. You will also notice in the video that the raft remains flexible.Research into these ant rafts has been carried out by researchers Nathan Mlot, Craig Tovey, and David Hu at the Georgia Institute of Technology. It is hoped that the technique used by fire ants can be applied to groups of robots working together as well as in the development of new waterproof materials (fire ant jackets, anyone?).Read more at The Washington Post and Georgia Tech, paper available at PNASlast_img read more

New Game of Thrones Teasers Show Powerful Ties and White Walker Aftermath

first_imgStay on target ‘Game of Thrones’ Targaryen Prequel Series Is Reportedly Coming to HBO‘Game of Thrones’ Star Kit Harington Joins Marvel’s &#… Game of Thrones Season 8 is only two weeks away, and to get fans ready for an epic showdown between Winterfell and the Night King’s army, HBO just released new teasers that reveal key alliances, major reunions, and the chilling aftermath of the final battle.On Monday, April 1 and Tuesday, April 2, HBO posted new Game of Thrones Season 8 footage on the show’s YouTube channel. Below, we briefly summarize important details of each teaser, including dialogue, objects, and scenery to keep on your radar. The final season of Game of Thrones will premiere on April 14 on HBO.“We need to end this war,” Jon Snow said in the Game of Thrones Season 8: Survival promo teaser.At this point, Westeros must put aside their previous allies, enemies, and non-siding activity to fight off the Night King and his undead army. There are shots of armies traveling in boats, flying dragons, and of course, a clip of a fiery fight. Plus, we see Jon and Arya Stark briefly reunite.“This goes beyond loyalty,” Jaime Lannister added. “This is about survival.”Who will join the fight against the White Walkers? In the Game of Thrones Season 8: Together promo teaser, unity acts as a battle strategy for those at Winterfell, as they prepare for war with the Night King’s army.“We must fight together now,” Tyrion Lannister explains in the teaser. “Or die.”Cue shots of more troops marching off in the distance, Sansa Stark spotting Daenerys Targaryen’s fire-breathing creatures for the first time, and Daenerys and Jon standing near a fire, maybe after an intense conversation.This might be the most chilling sneak peek of Game of Thrones’ final season: In this official teaser, which is dubbed Aftermath, the chilling remains of Winterfell (and maybe Westeros) are shown after the White Walker showdown. There are no people or creatures, just objects, snow, and a howling wind in the distance.You might notice the objects featured in this trailer, including what appears to be a hand, a broken wheelchair, and a blood-coated sword. We won’t give away any more details here…The first episode of Game of Thrones Season 8 airs on April 14 on HBO.More on Geek.com:‘Game of Thrones’ Season 8 Trailer Is a Chilling Final Fight for the Living‘Game of Thrones’ Showrunners Reveal the Night King’s Dark Motives‘Game of Thrones’ New Season 8 Art Shows Mysterious Iron Thronelast_img read more

Uber Eats Tests Option to ‘Dine-In’ at Restaurants

first_img Online food delivery service Uber Eats is testing a feature that lets users order a meal online and eat it at a restaurant.Stop getting hangry waiting for a table on a busy Saturday night: Simply show up, sit down, and dig in.An Uber spokesperson confirmed to culinary news site Eater that the “Dine-in” option launched in select cities in November; it is currently being piloted in Dallas, Austin, Tucson, and San Diego.Presented alongside the usual “Delivery” and “Pickup” preferences, “Dine-in” invites folks to go to the restaurant to collect their order, and, if there’s space, stay and eat.Once called “Uber Eats’ wet dream” by a company driver (because it cuts out the middleman chauffeur), the new feature does not charge customers for having food orders placed, picked up, and driven/cycled/walked to their door.A new option lets you order food ahead of time, go to the restaurant, then sit down inside to eat (via Uber Eats/TechCrunch)Instead, it’s the restaurant that incurs extra charges, which “differ by market and restaurant,” Uber told Eater, “but is typically lower than the fee they pay for delivery.”Customers can also tip food service employees through the app, if the partner restaurant opts in.Folks in the pilot cities can take advantage of the new service as easily as selecting “Dine-in” mode: Whether you want your meal “ASAP” or at a specific time, the app sorts available options by prep time, restaurant distance, price, and rating.Uber Eats will notify you when the restaurant accepts your order, and the estimated time until it is ready.“We want to enable restaurants to focus on what they’re best at—making amazing food and providing top-notch service,” the firm said in a statement, published by Eater. “By allowing customers to order and pay in the app, we streamline the experience for both the customers and the restaurant.”There are currently no plans for a wider rollout.More on Geek.com:Uber Copter Flights Are Launching in NYC This MonthUber Now Deactivates Poorly Rated RidersNew Uber Initiative Boosts Rider Safety on College CampusesUber Reveals the Most Bizarre Items Forgotten by Riders Starbucks to Deliver Nationwide Via Uber EatsUber’s New Rideshare Tier Is the Height of Comfort Stay on targetlast_img read more

Top 10 most read stories this week

first_imgThe top 10 most read stories on www.employeebenefits.co.uk between 27 October and 2 November 2016 were:London-based staff can ride a unicorn to workEverton Football Club to pay all staff the living wageVoluntary living wage rises to £8.45 an hourNew categories unveiled for Employee Benefits Awards 2017Tribunal rules Uber drivers are entitled to workers’ rightsGoogle and WL Gore named world’s best multinational workplacesSky and Vodafone awarded for gender diversity and family-friendly policies47% believe flexible working hours can reduce workplace stress48% are unaware of workplace sickness absence supportPost Office staff strike over closure of defined benefit pension scheme to future accurallast_img

Rahul Gandhi makes big election promise plans to give Rs 72000 annually

first_img Amit Shah: NDA will fight the 2019 Lok Sabha elections under the leadership of Prime Minister Narendra Modi Close IBTimes VideoRelated VideosMore videos Play VideoPauseMute0:11/1:46Loaded: 0%0:11Progress: 0%Stream TypeLIVE-1:35?Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedSubtitlessubtitles settings, opens subtitles settings dialogsubtitles off, selectedAudio Trackdefault, selectedFullscreenThis is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window. COPY LINKAD Loading …center_img Congress President Rahul Gandhi was addressing a press conference in Delhi.Twitter/@INCIndiaDays ahead of the Lok Sabha elections 2019, Congress President Rahul Gandhi on Monday, March 25, announced what he called a “historic” minimum income guarantee scheme which will ensure Rs 72,000 annual income support for 20 per cent of India’s poorest families if the Congress came to power. This was the party’s big poll promise this season.The Congress leader addressed a press conference in the national capital after the Congress Working Committee (CWC) meet and announced, “20 per cent of the poorest families will be given income support of Rs 72,000 every year. All modalities have been worked out and this is possible within our budget. We have studied the fiscal implications of the scheme.”The amount will be directly transferred to the bank accounts of 20 per cent of poor in the nation. The Congress chief referred to the scheme as the “final assault on poverty” and said it would lift five crore families or 25 crore people out of poverty.”It is not acceptable to the Congress party that there is poverty in the country in the 21st century. The final assault on poverty has begun,” Gandhi said about the scheme named Nyuntam Aay Yojana (NYAY) by his sister Priyanka Gandhi Vadra. The name was suggested by her in Ahmedabad when she attended a Congress leadership meet for the first time. The acronym NYAY means “justice” in Hindi. Twitter/CongressCongress’s manifesto committee headed by former minister P Chidambaram has been working on finalising the party’s manifesto for the upcoming 2019 Lok Sabha elections for the past several months.However, Gandhi did not give details on how the party arrived at the Rs 72,000 figure, leaving it for Chidambaram to explain on a given date. The Congress chief went on to say that the party has studied the fiscal implications and consulted renowned economists and experts before finalising this scheme. Rahul Gandhi described the scheme as an “extremely powerful, dynamic, well-thought-through idea.”The announcement comes just days after the Modi-led NDA government announced a minimum income support scheme for the poor and marginalised farmers in its last Budget before the general elections, drawing criticism from the Opposition. The BJP has promised Rs 6,000 annual income support for poor farmers.After making the big announcement, the Congress leader asked the reporters, “Haan, surprise hue na? (so, you look surprised)”. On April 11, 91 constituencies spread across 20 states and union territories will go to polls marking the first phase of the general elections.last_img read more

Houston Police Department Wants To Reassure The Hispanic Community

first_imgHouston Police Chief Art AcevedoHouston Police Chief Art Acevedo held a press conference to reassure the Hispanic community that they are protected. He fears that due to the crackdown on immigration Hispanics are hesitating to report crimes.“We are not ICE agents. We’re not interested in being ICE agents. As we continue with the political debate in this nation, we need to be mindful that we are losing hearts and minds. And when you lose the hearts and minds of 11 million people, we all lose,” he said.Acevedo shared data from the department that shows a 42.8 percent decrease of the reports of rape in the Hispanic community, while there is an 8.2 percent increase of reporting rape in the non-Hispanic community.In regards to reports of violent crimes, the data showed a 13 percent decrease of reports by Hispanics, and a 11.7 percent increase by non-Hispanics. This data was from January to March of 2016 compared to the same months in 2017.It was reiterated that the department’s main concern is to help victims of crimes regardless of their immigration status.  Sharelast_img read more

Sunday was a bad day for LeVeon Bell

first_imgBrowns should continue to sit BakerYesterday, the Browns failed to get their first win in over a year with a gut wrenching loss to the Saints in New Orleans, and today Browns fans and many in the media are calling for Cleveland to end the Tyrod Taylor era and start rookie Baker Mayfield.Colin thinks fans are overreacting because the Browns are on the path to respectability with a solid defense and an 0-1-1 record against two playoff teams to start the season. Most would agree their start is as good as they could have hoped through two weeks. He believes Cleveland should stick to their plan and continue to sit Baker, much like the Chiefs did with Patrick Mahomes, who is now lighting up the NFL.Also:– Where Colin was right, where Colin was wrong Sunday was a bad day for Le’Veon BellLe’Veon Bell is still sitting out two weeks into the season, and at this point is hoping to be traded to a team that will pay him what the Steelers won’t. This weekend of NFL games didn’t help his case to be paid like a franchise player because it further diminished the value of running backs in the modern NFL.Many successful teams, including the Steelers, are doing just fine with unknown running backs, including the Jags, who beat the Patriots without Leonard Fournette. In today’s salary cap NFL, it doesn’t make sense to pay a running back like Bell wants to get paid because they are a replaceable part. Guests:David Carr – NFL Network Analyst and former #1 overall pick talks “Fitzmagic”; Pat Mahomes; if it’s time for the Browns to start Baker Mayfield; and his brother Derek’s relationship with Gruden.Greg Jennings – FS1 Analyst and Super Bowl champ is in-studio discussing NFL Week 2, and Vontae Davis’ halftime retirement;Trent Dilfer – NFL Analyst and Super Bowl champ joins the show to break down Patrick Mahomes scorching hot start, and if the Browns should play Baker Mayfield.last_img read more

Tulum highway accident leaves 9 injured

first_imgTulum, Q.R. — A highway collision between two transport vans at the height of Secrets Akumal hotel has left nine people injured.The accident occurred Friday around 12:30 p.m. along the Tulum-Playa del Carmen highway when a tourist transport van collided with another transport van belonging to the taxi drivers Lázaro Cárdenas del Río union.The accident was reported by staff from Secrets hotel who summoned emergency services including ambulances and firemen.Upon arrival, emergency personnel found two tourists and a driver inside the private transport van, while another six people were found injured inside the public combi van that runs a route from Playa del Carmen to Tulum.There were no serious injuries reported, however, one woman was found stuck inside the combi and had to be freed by firemen. All of the combi passengers were taken to the General Hospital of Playa del Carmen.Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on WhatsApp (Opens in new window)last_img read more

Interest Rate Hike Still a 2015 Possibility Pending Economic Improvements

first_img Federal Reserve Chair Janet Yellen served as the lone witness  in a House Financial Services Committee hearing on Wednesday titled “Monetary Policy and the State of the Economy.” In the semiannual report to Congress, Yellen was questioned about the highly anticipated rate increase, among other topics such as the overall state of the economy, inflation, employment, and monetary policy. She maintained her position on the uncertainty of the rate increase until further economic improvement occurs.”A decision by the Committee to raise its target range for the federal funds rate will signal how much progress the economy has made in healing from the trauma of the financial crisis,” Yellen said in a statement to the committee. “That said, the importance of the initial step to raise the federal funds rate target should not be overemphasized. What matters for financial conditions and the broader economy is the entire expected path of interest rates, not any particular move, including the initial increase, in the federal funds rate.”Chair Yellen updated the Committee on the progress of the economy toward meeting the four benchmarks for the economy as set by the Full Employment and Balanced Growth Act (Humphrey Hawkins Act) of 1978: full employment, growth in production, price stability, and balance of trade and budget.Yellen also alluded back to her previous statement she made last week concerning federal funds rates remaining the same due to the increasing, but still lagging economy.Although Federal Reserve officials determined that economic activity is expanding moderately and job gains are increasing, the federal funds rate will remain the same at a target range of 0 to ¼ percent, according to the Federal Open Market Committee (FOMC) June meeting held last week.The Committee determined that labor market indicators that underutilization of labor resources have diminished slightly, and growth in household spending has been moderate, while the housing sector showed some improvement. However, business fixed investment and net export remained soft. More importantly, inflation is still running below the Committee’s objective of 2 percent, reflecting earlier drops in energy prices and falling prices of non-energy imports. Looking ahead, the Committee still expects a moderate pace of GDP growth, with continuing job gains and lower energy prices supporting household spending. Interest Rate Hike Still a 2015 Possibility, Pending Economic Improvements July 15, 2015 528 Views The Fed Reserve Board of Governors also released a Monetary Policy Report in accordance with 2B of the Federal Reserve Act highlighting that the Federal Open Market Committee is committed to promoting maximum employment, stable prices, and moderate long-term interest rates.“Inflation, employment, and long-term interest rates fluctuate over time in response to economic and financial disturbances,” the report said. “Moreover, monetary policy actions tend to influence economic activity and prices with a lag. Therefore, the Committee’s policy decisions reflect its longer-run goals, its medium-term outlook, and its assessments of the balance of risks, including risks to the financial system that could impede the attainment of the Committee’s goals.”According to the report, the FOMC believes that exceptionally low target range of 0 to ¼ percent for the federal funds rate and has kept the Federal Reserve’s holdings of longer term securities at their current elevated levels to help maintain accommodating financial conditions.”The Committee has reiterated that in deciding how long to maintain the current target range for the federal funds rate, it will consider a broad set of indicators to assess realized and expected progress toward its objectives,” the report said. “Since its April meeting, the Committee has stated it anticipates that raising the target range for the federal funds rate will be appropriate when it has seen further improvement in the labor market and is reasonably confident that inflation will move back to its 2 percent objective over the medium term. In the June SEP, most policymakers anticipated that these conditions would be met sometime this year. The Committee continues to expect that, even after employment and inflation are near mandate-consistent levels, economic conditions may, for some time, warrant keeping the target federal funds rate below levels the Committee views as normal in the longer run.” Sharecenter_img Federal Reserve House Financial Services Committee Monetary Policy Monetary Policy Report State of the Economy 2015-07-15 Staff Writer in Daily Dose, Featured, Government, News “The Committee continues to judge that the first increase in the federal funds rate will be appropriate when it has seen further improvement in the labor market and is reasonably confident that inflation will move back to its 2 percent objective over the medium term,” said Janet Yellen, FOMC chair. “At our meeting that ended today, the Committee concluded that these conditions have not yet been achieved. It remains the case that the Committee will determine the timing of the initial increase in the federal funds rate on a meeting-by-meeting basis, depending on its assessment of incoming economic information and its implications for the economic outlook.”last_img read more

Swiss regional airline Baboo has introduced weekly

first_imgSwiss regional airline Baboo has introduced weekly flights to Geneva from London Oxford Airport.The Saturday service is the first international scheduled route departing from the city in 72 years, with flights operated using a Bombardier Q400 aircraft.Jacques Bankir, Baboo’s chief executive officer, was among the passengers on the first flight. He said he is “really excited” by the potential of London Oxford and that it is “ideal” for Baboo.”Our passengers have a stress-free experience, enjoying facilities designed for business aviation clients and it is a great complement to our 11 weekly services out of London City Airport,” he commented.Baboo’s flights to Geneva are specifically targeted at ski passengers from the home counties region, with London Oxford Airport having invested in runway de-icing equipment and snow clearing capabilities to make sure services can go ahead.Elsewhere, the regional carrier is planning to launch flights to Rome from Geneva, which will connect with departures from Oxford.Last month, London Oxford was named the Best Business Aviation Airport by the Airport Operators Association.ReturnOne wayMulti-cityFromAdd nearby airports ToAdd nearby airportsDepart14/08/2019Return21/08/2019Cabin Class & Travellers1 adult, EconomyDirect flights onlySearch flights Map RelatedBaboo to launch flights to Geneva from London CityBaboo will introduce twice daily flights to Geneva from London City AirportFlybe introduces new flights to London Gatwick from Leeds BradfordFlybe has launched new flights to London Gatwick from Leeds BradfordNew Salzburg flights from easyJetNew Salzburg flights from easyJetlast_img read more