Mishaps put spotlight on Irving familys relationship with Saint John NB

first_imgSAINT JOHN, N.B. – It’s been a tough month for one of Canada’s wealthiest families.The Irvings of New Brunswick are facing renewed scrutiny after a major industrial accident at the Irving Oil refinery in Saint John — one month ago Thursday — and three guilty pleas the following day from Irving Pulp and Paper for polluting the Saint John River.The sudden spate of bad publicity has drawn into sharp focus the delicate relationship between the Irving group of companies and the 69,000 residents of Saint John.The Irvings are one of the city’s largest employers, and the family’s privately owned companies are thought to be worth about $8 billion.No one was seriously hurt by the refinery blast, but residents were reminded that it was the fourth explosion at Canada’s largest oil refinery in 20 years.As for the pulp and paper mill, owned by J.D. Irving Ltd., it was hit this week with one of largest penalties ever imposed in Canada for an environmental violation: $3.5 million. Fines for charges related to polluting were imposed on the same mill in 1999, 2009 and 2010.The city’s mayor, Don Darling, has said Saint John’s large industrial base comes with risks, and he has called for a broader discussion about the relationship between residents and industry.He also drew attention to another incident in January, when a butane leak near the refinery forced the evacuation of businesses on at least two streets.“We have a very, very high concentration of industry here in Saint John and I think we’ve gone through a series of butane leaks and explosions and fires, and I think it has people very nervous and rightly so,” Darling said shortly after the latest explosion.Irving Oil spokeswoman Candice MacLean said the company, which employs more than 2,200 people in the province, is a “safe, secure and reliable energy supplier.”“We are steadfastly committed to our employees and our customers and continue to invest millions of dollars each year to build stronger communities in our home province and across Atlantic Canada,” MacLean said in a statement, adding that the company generates over 50 per cent of New Brunswick’s export trade at $5 billion annually.Gordon Dalzell, a clean-air advocate in Saint John, said the Irving group plays a critically important role in the New Brunswick economy, but its economic might exacts a toll on the province.“In a small city like Saint John, you quickly find out that many of your neighbours and their family members work for Irving,” he said in a recent interview. “Very few people will speak out … to keep them accountable or to criticize some of their practices.”Dalzell estimates the Irvings employ about 35,000 people across the province.“You can’t go too hard on these guys because they play such an important economic role,” said Dalzell, who has lived near the refinery since 1979. “But we do pay a price for that … When you look at Saint John, it’s like a big industrial park.”Gerry Lowe, a former city councillor who now represents Saint John Harbour in the provincial legislature for the Liberals, says dealing with the Irving family can be intimidating — but that hasn’t stopped him from speaking out.“People don’t know what is going on because they are a very private family,” said Lowe. “It creates so many rumours.”As privately owned companies, the Irvings’ holdings are not subject to the same scrutiny as publicly held enterprises. In fact, estimates about the family’s combined wealth are just guesses, based on a limited amount of public information.When he was on council, Lowe fought against a tax deal that capped the property tax on Irving Oil’s Canaport liquefied natural gas plant.“People were saying, ‘You shouldn’t do that, (Arthur Irving) will move the LNG terminal.” Lowe said. “That’s the first thing you’ll hear from people who are timid.”Emma Seamone, spokeswoman for the Sierra Club Canada Foundation, said there isn’t enough scrutiny of the Irvings’ businesses because the family owns all of the English-language daily newspapers in the province.“It’s really hard to question Irving in the media and get that message out,” said Seamone, chairwoman of the Atlantic chapter’s executive committee and a former resident of Saint John.However, the Irving newspapers are not the only media outlets in the province. The CBC, for example, has kept a close watch on the Irvings’ dealings over the years.And the newspaper group, owned by J.K. Irving, has made a point of asserting its editorial independence.“Brunswick News is run by a competent, independent team that determines content,” said spokeswoman Mary Keith. “Its journalists have won numerous awards for the quality reporting.”The Irving group of companies used to be controlled by the family’s patriarch, K.C. Irving. But the conglomerate has been split up over the last decade between his three sons: Arthur, J.K. and Jack, who died in 2010.David Duplisea, spokesman for the Saint John Region Chamber of Commerce, declined a request for an interview.“Both of these companies (J.D. Irving Ltd and Irving Oil Ltd.) are extremely important to our region and our province,” he said in an email. “They are important for our economic well-being and they contribute immensely to philanthropic and community efforts as well.”Just over a year ago, Irving Oil was dealt a blow when Calgary-based TransCanada Corp. cancelled its $15.7-billion proposed Energy East pipeline, which would have carried Alberta crude to the Saint John refinery. A local business group estimated the project would have added thousands of jobs and $6.5 billion to the provincial economy.Darling has said his once-affluent city — the oldest incorporated city in Canada — was looking to Energy East as a source of momentum to get the local economy moving again.Despite the setback, Irving Oil remains a pivotal player in the province’s economy — a fact likely not lost on the province’s next premier, Blaine Higgs. The Progressive Conservative leader, who will be sworn in on Friday, worked for Irving Oil for 33 years before he retired and turned to politics.Mediacorp Canada Inc., the largest publisher of employment periodicals in Canada, selected Irving Oil as one of Canada’s Top 100 Employers this year, citing its maternity and parental leave top-ups, academic scholarships and its commitment to diversity and inclusion.The company also supports a number of charities, including the Fuel the Care program, which covers fuel-related travel expenses for a sick child’s medical treatment. The program has helped more than 50,000 families across Atlantic Canada, Quebec, and New England in the past 15 years.Keith, who is a spokeswoman for J.D. Irving Ltd., offered a lengthy emailed response when asked about the renewed focus on the Irvings.Regarding the company’s economic strength, Keith cited 2017 statistics indicating the 8,000 people who work for J.D. Irving Ltd. earn salaries that are, on average, 45 per cent higher than the provincial average for full-time workers.The company estimates that it indirectly supports another 9,000 jobs across the province, bringing its contribution to the economy to about $1 billion in employment income in 2017.She said the company is also known for supporting hundreds of events, scholarships and non-profit organizations.As well, she said J.D. Irving Ltd. has a well-earned reputation for stepping up to help when disaster strikes.Earlier this year, when the Saint John River flooded several communities, more than 150 JDI employees volunteered to fill more than 122,000 sand bags. The company helped keep the pharmacy in Chipman, N.B., open by airlifting in the pharmacist, and when the only way in or out of a west side community was by train, the company sent in an engine and passenger cars to help with evacuations.— By Michael MacDonald in Halifaxlast_img read more

Alphabet 1Q Earnings Snapshot

MOUNTAIN VIEW, Calif. (AP) _ Alphabet Inc. (GOOGL) on Monday reported first-quarter profit of $6.66 billion.The Mountain View, California-based company said it had profit of $9.50 per share. Earnings, adjusted for non-recurring costs, were $11.90 per share.The results beat Wall Street expectations. The average estimate of 12 analysts surveyed by Zacks Investment Research was for earnings of $10.57 per share.The internet search leader posted revenue of $36.34 billion in the period. After subtracting Alphabet’s advertising commissions, revenue was $29.48 billion, which did not meet Street forecasts. Eleven analysts surveyed by Zacks expected $29.99 billion.Alphabet shares have increased 24% since the beginning of the year, while the Standard & Poor’s 500 index has climbed 17%. In the final minutes of trading on Monday, shares hit $1,295.06, a climb of 26% in the last 12 months._____This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on GOOGL at https://www.zacks.com/ap/GOOGLThe Associated Press read more

UN agency calls for rise in farm production to combat global food

17 September 2008Agricultural production must be raised to end the global food crisis, which has driven more than 75 million additional people into hunger and poverty, the head of the United Nations Food and Agriculture Organization (FAO) told the Italian Parliament today. Agricultural production must be raised to end the global food crisis, which has driven more than 75 million additional people into hunger and poverty, the head of the United Nations Food and Agriculture Organization (FAO) told the Italian Parliament today.Jacques Diouf, Director-General of the Rome-based UN agency, warned a joint parliamentary committee hearing that prices are likely to remain high for several years, even though bumper cereal harvests are expected this year.“We are facing a challenge of enormous proportions,” Mr. Diouf said. “We must mobilize $30 billion a year in order to double food production so as to feed a world population of nine billion in 2050.”The Director-General noted that the proposed spending figure is modest when compared with the amount already given in agricultural subsidies by members of the Organization for Economic Cooperation and Development (OECD) – estimated at $376 billion in 2006.He urged the international community to unite and ensure that the ranks of the malnourished – about 850 million people even before the current crisis began – receive immediate support. read more

New MPs commit to work towards National Unity

Speaking at the occasion, both, the Secretary General of Parliament Dhammika Dasanayake and the UN Resident Representative in Sri Lanka Subinay Nandy, appreciated contribution of ONUR towards the workshop for newly elected MPs. The workshop, hosted by the Secretary General of the Parliament, was inaugurated by  Prime Minister and attendees included the Speaker, Deputy Speaker, Members of Parliament, invited resource personnel and officials of the Office for National Unity and Reconciliation (ONUR).The ONUR is chaired by former President Chandrika Bandaranaike Kumaratunga and operates under the presidential secretariat. The ONUR intends to engage further with policymakers at various levels in promoting National Unity and Reconciliation. (Colombo Gazette) Some of the MPs who spoke following the session conducted by ONUR also emphasized the important role played by the Office and expressed their commitment to work towards taking the message of National Unity and Reconciliation forward by way of setting up a Parliamentary Caucus. The importance of working towards National Unity and Reconciliation was endorsed by a vast majority of Parliamentarians who attended a workshop conducted at the Parliamentary premises earlier this month, the Office for National Unity and Reconciliation said today​.The Office for National Unity and Reconciliation (ONUR) conducted a session titled “Using Parliamentary Mechanisms In Promoting National Unity and Reconciliation” on the first day of the workshop, which highlighted the importance of celebrating the diversity of Sri Lankans. read more

Mon Repos fire leaves 1 dead 7 homeless

One woman is dead and seven people are now homeless after a fire swept through a two-storey wooden building in the wee of Sunday at Mon Repos, East Coast Demerara.The fire broke out sometime around 2:00h in the upper flat of the house located at 564 Block 8 Mon Repos, East Coast Demerara. Minutes later, the entire bottom flat was engulfed in flames.The aftermath of the fire on Sunday morningA middle-aged woman who owns the property and lived with her daughter in the upper flat of the house, died in the blaze. The woman had suffered a stroke sometime back and was immobile. The bottom flat was occupied by another one of her daughters, son-in-law, and four grandchildren.Neighbours related that they were awakened by loud screams and upon checking they discovered that the house was on fire. Although the fire service was summoned the fire tenders arrived more than two hours by which time, the house was completely gutted. An investigation has been launched into the circumstances surrounding the fire. Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)Related9 homeless as toddler perishes in Mon Repos fireJanuary 31, 2019In “Crime”Mon Repos family seeks assistance after fireFebruary 3, 2019In “latest news”Pensioner’s house goes up in flamesMay 23, 2019In “latest news” read more

Miners new political risk map

first_img2009 will see the political consequences of the global credit crunch start to have an impact on mining and natural resource companies, according to the 16th annual Political Risk Map, launched today by Aon Risk Services. In a global webcast, Aon’s political risk and trade credit experts discussed how the economic instability caused by the credit crunch was having a flow-on effect on political stability. Miles Johnstone, director of Aon’s Political Risk team, explained: “This year’s map reflects how the impact of the credit crunch is shifting from being an economic problem to a political problem. When an economy is in downturn, the government has less resource available to deal with issues when they arise, potentially leading to political instability.“We are seeing this particularly in several Eastern European countries, as well as Iceland and Greece, where there is a rise in exchange transfer and sovereign non-payment risk as well as an increase in widespread protests and street disturbances.The emergence of Very High Risk nationsThe past year has seen a number of High Risk countries continue to deteriorate to the point where Aon believes the gap between seven countries – Afghanistan, Congo DRC, Iran, Iraq, North Korea, Somalia and Zimbabwe – and other High Risk countries warranted the creation of a Very High Risk category.Miles commented: “The level of risk in these countries just continued to get worse. It has reached the point where although we have been able to secure insurance cover for some clients in some of these territories, it is not always available.”The Commodity CrunchThis year’s map includes a Commodity Crunch Exposure Matrix, which identifies the countries most vulnerable to political instability in 2009 if commodity prices continue to fall, as has been suggested by some forecasters.“Volatility in global commodity prices in the 1970s and early 1980s contributed to political and economic instability in a number of countries,” according to Roger Schwartz, Senior Vice President of Aon Trade Credit. “Countries that recently benefited from very high commodity prices may suffer as they fall. The types of commodities we are talking about include oils, metals and minerals. Interestingly, the resource nationalism prevalent last year when commodity prices were rising continues, despite the fact prices are now firmly on a downward trend.”A move to the middleA reflection of the general rise in the risk level globally, the past year has been notable for a significant shift from the Low Risk category to the Medium-Low category. Six Eastern European countries, Estonia, Hungary, Latvia, Lithuania, Slovakia and Slovenia, as well as Greece and Iceland, received a downgrade.On the other hand, four High Risk countries, Malawi, Moldova, Syria and Turkmenistan, saw an improvement in their status to Medium-High Risk.Movements on the 2009 map:Thirteen countries have been upgraded to a lower risk level: Algeria, Benin, Cameroon, Colombia, Kuwait, Lesotho, Libya, Malawi, Moldova, Morocco, Syria, Tunisia and Turkmenistan.Eighteen countries have been downgraded to a higher risk level: Afghanistan, Congo DRC, Estonia, Greece, Hungary, Iceland, Iran, Iraq, Latvia, Lithuania, Malaysia, Mauritania, North Korea, Slovakia, Slovenia, Somalia, Thailand and Zimbabwe.Miles concluded: “It is an uncertain future for many companies and many sectors. Just how some of these issues, such as the commodity crunch, will play out is unclear. We have seen a significant increase in enquiries over the past year from companies seeking political risk cover. It remains to be seen how and to what extent demand for cover is affected by the ongoing impact of the credit crunch on global trade and investment.“As the global business landscape continues to change, the Political Risk Map provides our clients with the proper analytical tools to assess the various contingencies and determine how they may impact their sustainable growth, continuity and profitability.”last_img read more

South African Essa distributor gets major order from Russian gold mine

first_imgLabtech Africa, the sole South African distributor for the FLSmidth range of Essa sampling and sample preparation equipment, is preparing one of the biggest orders the company has received in recent months — an extensive crushing and sampling system for a gold mine in Russia. “We’re working closely with the FLSmidth team in Perth, Australia on this order that requires a 750 kg ore sample to be crushed to smaller than 2 mm particles in less than an hour,” Jan du Plessis of Labtech Africa, said. “After crushing and splitting, a 2 kg sample of this crushed ore will be sent to a laboratory for analysis. The order includes five jaw crushers, five conveyors, two bins, one rotary pipe splitter, two vezin samplers and all supporting structures, chutes and hoppers. For an order of this size, we rely heavily on FLSmidth in terms of process and design support.”The Essa product line, acquired by FLSmidth in 2011, is a leading range of automated mineral sampling and sample preparation systems offering bulk material quality and process control technologies including particle sizing and metallurgical laboratory equipment. Labtech Africa supports this range by importing and exporting sampling and laboratory equipment, as well as installing and commissioning new equipment and providing after-sales service. Other services include maintenance, on-site repairs, emergency repairs, remanufacturing of critical components, technical support and the supplying of consumables needed to support the life of the equipment. Labtech Africa offers a total package of sample preparation solutions that cater to a range of demanding requirements from complete laboratory installations and mobile or containerised units, to specialised applications, including crushers, rotary sample dividers, ball and ring mills, riffle splitters, vezin samplers, drying ovens, dust collectors, work stations and pulverising mill bowls. “Our company supplies Essa equipment to the mining, exploration and associated service industries and the needs of these customers vary along different points of the mining cycle from exploration, mining and crushing, through to stockpiling and shipment,” says du Plessis. “We’ve maintained growth and market share by being active across a wide range of mineral commodities including gold, lead, iron ore, nickel, aluminium, copper, coal, platinum, zinc and silver. As a result, we have business in all the major mining regions on the continent including the Sudan, Ghana, Zambia, Tanzania, Botswana, Guinea, South Africa, Madagascar, the DRC and Zimbabwe.”Labtech Africa operates from a 3,000 m2 site in Spartan, Gauteng that incorporates a 200 m2 warehouse, a maintenance area and a section where all equipment is assembled and tested before being dispatched to customer sites. The company supports FLSmidth’s Essa equipment with customer training to ensure these products deliver optimum performance. “There’s a real depth to our engineering expertise and we’re able to supply an entire solution to the market,” du Plessis adds. “If customers want to test our equipment before purchasing, they are invited to bring their product to our factory and we’ll process the sample. We also offer equipment to customers on a trial basis. However, our primary competitive edge in the African market is having the backup of a massive global organisation like FLSmidth. Working in co-operation with FLSmidth, we’re able to develop complex design work in any given field of sampling and sample preparation, specific to African conditions. We have excellent and rapid communication channels with FLSmidth on a 24/7 basis and a lot of information sharing takes place between our two companies.”last_img read more

Sold Francis Bacon painting sells for 142 million the most expensive ever

first_imgTHIS IS THE painting which set a world record last night for the most expensive artwork ever sold at auction.(Domini Lipinski/PA Wire) Francis Bacon’s triptych painting of his friend and fellow artist – entitled Three Studies of Lucian Freud – sold for $142.4 million (€105 million)  at an auction in New York.Seven bidders competed for the 1969 painting by the Irish-born artist, pushing the price up almost $60 million more than the auction house had estimated it would sell for. The final price was decided after just ten minutes of bidding.The price smashes the previous record set 18 months ago when The Scream by Edvard Munch sold for $120 million.Christie’s described the painting as a “true masterpiece that marks Bacon and Freud’s relationship”.The auction at Christie’s in New York – entitled Post-War and Contemporary Art – also set a record for the highest amount ever made at one auction with $691,830,000 (€511 million) worth of paintings sold.The view inside the auction last night (Image: Christie’s/Twitter) Bidders from 42 countries competed for significant works by some of the most influential artists of the last six decades, including Andy Warhol, Jackson Pollock, Roy Lichtenstein and Mark Rothko.The sale set ten new world auction records, as eleven works sold for more than $20 million, 3 sold for more than $50 million, 16 sold for more than $10 million and 56 went for more than $1 million.Jeff Koons’s Balloon Dog which sold for $58.4 million (€44 million), a record for a work by a living artist sold at an auction.“The sale was heavily focused on icons and masterworks, achieving an astonishing 10 record prices and breaking the record for any work of art ever sold at auction,” said Brett Gorvy, the head of Post-War and Contemporary Art at Christie’s.Read: Prices for NAMA artworks slashed to achieve faster sale > Read: Five-year restoration of masterpiece to reveal art mystery > Read: 8 reasons you’re not a famous artist >last_img read more

Micheál Martin asks Enda Kenny to withdraw a partisan slur Taoiseach declines

first_img Micheál Martin was unhappy with the Taoiseach’s answers in the Dáil today Source: Screengrab/Oireachtas TVKenny insisted that he does not engage in “low partisan politics” and described many of the documents related to the bank guarantee that do exist as “inconsequential” listing details of fax notes, memos for government and cover sheets. “I would have expected that at a time when this country was entering into both the background and the process of a really difficult economic recession that there would have been fairly regular meetings about the seriousness of this, but that’s not the case.”Responding, Martin said that Kenny was being “very selective” and noted that some of the documents concerned government memos and again insisted that in suggesting documents had been shredded Kenny had committed “a slur on the previous taoiseach”.“There was no attempt to disappear any records… and you should withdraw that assertion,” Martin said.As previously disclosed by this website, of the 146 different documents only 35 have been fully or partially released documents with most withheld under section 19 of the Freedom of Information Act concerning the confidentiality of government records.Documents released include press releases already in the public domain, fax cover sheets, and correspondence with Oireachtas officials.While an “urgent’” letter from the then president of European Central Bank Jean-Claude Trichet to then Taoiseach Brian Cowen is withheld, an acknowledgement of receipt of the letter was released.Other descriptions of withheld documents include ‘minutes of Government meeting’, a ‘memorandum for government’, a ‘draft guarantee bill’ and notes concerning discussions on 30 September 2008 – the date the Fianna Fáil-led government made the decision to guarantee the entire Irish banking system.Read: No written record of Taoiseach asking for bank guarantee documentsPreviously: Did the Taoiseach talk to staff in his department about the bank guarantee?Fianna Fáil: Claims of no bank guarantee documents are ‘a lie’, and this FOI proves it ENDA KENNY HAS declined an opportunity to withdraw what Micheál Martin has described as a “partisan slur” on Brian Cowen over claims that documents related to the bank guarantee were disappeared or shredded in the Department of the Taoiseach.The Taoiseach was speaking during Dáil questions this afternoon when he said he was satisfied that his department complies with the National Archives Act when it comes to securing and maintaining government records.Kenny has repeatedly stated on the Dáil record that there is a paucity of documentation relating to the night of the guarantee, suggesting in June 2012 that documents may have been “either shredded or has been disposed of or dispatched of”.However, Freedom of Information requests have since uncovered that there are at least 146 different records related to the guarantee, a schedule of which has previously been published by this website.In the Dáil today, Martin said that the Department of the Taoiseach’s secretary general Martin Fraser, whose responsibility it is to maintain documentation, had confirmed that officials are “fully in compliance” with their legal responsibilities when it comes to securing government papers.The Fianna Fáil leader asked if the Taoiseach was now capable of “withdrawing that partisan slur” saying documents had not been tampered with or disappeared.last_img read more

Affaire du Mediator le médicament inquiète les diabétiques

first_imgAffaire du Mediator : le médicament inquiète les diabétiquesFace aux effets indésirables du médicament Mediator, qui aurait tué plus de 500 personnes, l’association française des diabétiques a lancé un large appel à témoins dans le monde, et 436 malades ont déjà répondu.Le Mediator, c’est ce médicament accusé aujourd’hui de provoquer des maladies cardiaques et d’avoir d’ores et déjà tué près de 500 personnes. Le laboratoire commercialisant le produit est accusé d’avoir toujours connu les méfaits de son produit sans jamais les avoir révélé. Une situation qui inquiète l’association française des diabétiques (AFD) puisque le Médiator a notamment été prescrit à des personnes en surpoids dans le but d’aider au régime et de prévenir le diabète. La Vie explique que l’association a alors décidé de lancer un appel à témoins, un appel auquel 436 personnes ont d’ores et déjà répondu, ce qui est “énorme en si peu de temps”, explique la chargée des relations publiques de l’AFD, Christianne Veinière.Si l’appel à témoin de l’association n’a aucune valeur scientifique, l’AFD explique à La Vie : “Dans la majorité des cas, les personnes qui ont répondu à notre appel constatent une dégradation de leur état de santé” et notamment de leur santé cardiaque, respiratoire et pulmonaire. Et l’association d’ajouter : “Certains heureusement ne constatent pas de complication mais s’inquiètent d’éventuels problèmes à venir. Beaucoup sont en colère contre les laboratoires mais aussi les professionnels de santé qu’ils jugent inactifs. Ils nous demandent comment porter plainte dans le cadre d’une action en justice”. Et la rédaction du quotidien d’ajouter que le ministère de la Santé n’a prévu aucune structure d’accueil et d’écoute pour les victimes ou les anciens patients du Mediator, qui se tournent alors vers les associations et avocats.Le 7 décembre 2010 à 17:23 • Emmanuel Perrinlast_img read more

Beloved princesses hold court at local Disney on Ice shows

first_imgSUNRISE, FLA. (WSVN) – Disney royalty has arrived in South Florida to delight fans of all ages.The iconic Disney princesses are taking to the skating arena for “Disney on Ice.”The show is based on four Disney classics: “Tangled,” “Beauty and the Beast,” “The Little Mermaid” and “Frozen.”Performers said their retelling of the beloved films is fun for the entire family. “Well, ‘Disney on Ice’ is about not only the classic Disney stories or new ones. It’s about bringing the whole family together,” said skater Matvey Matveev.Mickey and Minnie Mouse will also make an appearance.The show will be at the BB&T Center in Sunrise through Sunday. Miami-Dade audiences can catch the extravaganza at the American Airlines Arena April 5-8.Copyright 2019 Sunbeam Television Corp. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.last_img read more

Market cap of Sensex companies rises by 10 billion

first_imgMarket capitalisation of nine Sensex stocks sky-rocketed by about Rs. 68,023 crore (approximately $10 billion) during the holiday-shortened trading week ended Wednesday. The biggest gainer was TCS, India’s biggest IT software services exporter by sales. The markets were closed on Thursday and Friday for public holidays.The rally on the stock exchanges was due to favourable macroeconomic data and forecast of an above-normal monsoon this year on Tuesday. Retail inflation came in at 4.83 percent for March and factory output, or index of industrial production (IIP) grew 2 percent in February, after witnessing three straight months of contraction.The India Meteorological Department (IMD) added to the good news with a forecast that rainfall will be fairly distributed this year, a welcome relief after two successive of drought.”Rainfall in the country as a whole for 2016 South West monsoon (June 1 to September 30) is likely to be above normal by 104 per cent to 110 per cent of the long period average,” IMD director general LS Rathore was quoted as saying on Tuesday.  The next day, the Sensex gained 481 points, or 1.91 percent, to end at 25,626.The gainers were broad-based, ranging from TCS, Reliance Industries Limited (RIL), HDFC Bank, to Infosys, ITC, Sun Pharma and Hindustan Unilever.Though SUV maker Mahindra & Mahindra did not gain as sharply as other Sensex scrips, the stock was up 8.02 percent during the week to end at Rs. 1,332.60.Foreign institutional investors (FIIs) bought heavily during the week; their net purchases were Rs. 1,057 crore in cash segment, according to brokerage Dynamic Levels.last_img read more

Miller likely new US envoy to Bangladesh

first_imgEarl Robert MillerEarl Robert Miller is likely to be the next US ambassador to Bangladesh replacing ambassador Marcia Bernicat who will leave Dhaka soon ending her tenure, reports UNB.Marcia Bernicat became the US Ambassador to Bangladesh on 4 February 2015 and is expected to leave Dhaka by August.US president Donald Trump has already announced his intent to nominate Miller to the post, according to the White House.Ambassador Miller, a career member of the Senior Foreign Service, has served as an American diplomat since 1987.Since 2014, he has served as ambassador at the United States embassy in Gaborone, Botswana.Prior to his ambassadorship in Botswana, he served as Consul General in Johannesburg, South Africa from 2011 to 2014.last_img read more

Dont Expect a Virtual Console on Nintendo Switch When it Launches

first_imgStay on target Trade In Your Nintendo Switch For a Better Battery (With a Catch)Controller Patent Teases SNES Games on Switch As you may already know, the Nintendo Switch will launch with a paltry lineup of games. A robust selection of Virtual Console titles could have helped matters. Unfortunately, Nintendo has just announced that this service will not be available when the console hits stores in March.In the same email where it made this announcement, Nintendo highlighted two indie games coming to Switch: FAST RMX, and Shovel Night. These are two of the sixty indie games coming to Switch this year. In fact, the vast majority of the Switch’s launch lineup consists of indie games. While most are ports, they do help expand the lineup.Nintendo didn’t just have bad news to offer. The email also specified that existing eShop and Virtual Console purchases will carry over to the Switch. This means that you won’t have to re-purchase anything you had previously bought from either digital store.“People who already have funds in their accounts on other Nintendo devices can access them using a shared wallet that works on Nintendo Switch as well,” read the email. “Once they link their Nintendo Network ID and Nintendo Account and then their Nintendo Account to their Nintendo Switch system, this functionality becomes possible.”Like Sony and Microsoft, Nintendo will offer its own subscription service for the Switch. A trial version will be available when the Switch launches, with the full service going live this fall. Subscribers will have access to two Virtual Console games each month. Since the Virtual Console won’t be available at launch, it seems unlikely that users will be able to try out any games for the service.The Nintendo Switch will be released on March 3. On the Tuesday of that week, it will host a “Nindies Showcase” live stream at 9 a.m. PT / 12 p.m. ET. As you can tell from that clever name, the company will spotlight a number of independent games coming to Switch.last_img read more

Epsons new 4K panel for 3LCD projectors

first_imgSeiko Epson’s 4K-compatible high-temperature polysilicon (HTPS) TFT liquid crystal panel for 3LCD projectors 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. Explore further New Epson HTPS Panels for 3LCD Projectors to Include Inorganic Alignment Layer Citation: Epson’s new 4K panel for 3LCD projectors (2009, November 10) retrieved 18 August 2019 from https://phys.org/news/2009-11-epson-4k-panel-3lcd-projectors.html (PhysOrg.com) — Seiko Epson Corporation has announced the world’s first 4K panel for 3LCD (liquid crystal display) projectors. The panel will enable the projectors to produce a bright image of 4096 x 2160 pixels resolution (2160p), which is four times the resolution of a top range high definition television or Blu-Ray Disc. Epson’s panel is a 4K compatible HTPS (high temperature polysilicon) TFT (thin film transistor) liquid crystal panel for 3LCD projectors. The panel measures only 1.64 inches (4.2 cm) along the diagonal. The images have outstanding contrast and brightness, and rich vibrant colors.The panel uses a C2 Fine LCD, which is a technology invented by Epson that combines an inorganic liquid crystal alignment layer with a vertical alignment layer.3LCD projectors have three separate LCD panels: one each for red, green and blue light. The single color light passes through the LCD panel that creates shades of the color. The single color images are then combined by a prism to create a full color image that is projected onto the screen via the projector lens. Because the 3LCD technology has no moving parts in the light control system the projected image is smooth, sharply detailed, and there is no break-up in the motion or color.The new panels may mean 3LCD projectors will find application in replacing the large, expensive projectors used for digitally projecting film in cinemas, for industrial and corporate presentations, and in schools and at big events. They will also be ideal for applications such as industrial and architectural design and simulations requiring high resolutions. The 4K panels can also be used to project four full HD images simultaneously.A prototype of a projector using the 4K panel will be exhibited at the International Broadcast Equipment Exhibition at Makuhari Messe, Chiba, in Japan from 18 to 20 November, 2009. It is not known when the panel will be released to the market.More information: Seiko Epson Press Release (Japanese)© 2009 PhysOrg.comlast_img read more

Ecological burial involves freezedrying composting the corpse

first_img © 2010 PhysOrg.com (PhysOrg.com) — Ever since the 12th century, the most common way to bury the dead has been to lay the corpse in a casket and then bury the casket several feet underground. Since then, we have learned that casket burials cause environmental and health problems due to the fact that the corpses do not receive enough oxygen to quickly decompose into compost. Instead, the corpses undergo a slow rotting process by bacteria that feed on sulfur, and remaining products can harm the nearby drinking water. More information: www.promessa.org.uk and Promessa’s Facebook pagevia: io9 Promessa founder Susanne Wiigh-Mäsak has developed an ecological burial process that allows the body to be restored to the earth as naturally as possible. Image credit: Promessa, Niklas Johansson. Citation: Ecological burial involves freeze-drying, composting the corpse (2011, March 8) retrieved 18 August 2019 from https://phys.org/news/2011-03-ecological-burial-involves-freeze-drying-composting.html A Swedish company called Promessa Organic AB thinks there is a better way to lay the dead to rest. The company’s founder, biologist Susanne Wiigh-Mäsak, has developed an ecological form of burial in which the corpse is transformed into compost in about 6-12 months. The organic burial process avoids embalming fluids and greatly reduces the environmental impact on the air, water, and soil.The first part of the ecological burial method involves removing the water that makes up 70% of the human body. To do this, the company freeze-dries the corpse in liquid nitrogen within a week and a half after death. The corpse is first frozen to -18°C (0°F) and then submerged in liquid nitrogen. Next, sound waves at a specific amplitude vibrate the brittle corpse, transforming it into an organic white powder. The powder is sent through a vacuum chamber that evaporates the water, greatly decreasing the corpse’s mass. If the person had metal surgical implants, a metal separator can remove these parts from the dry powder. If required, the powder can also be disinfected.At this point, the organic powder is hygienic and odorless, and the remains can either be cremated or buried. Since the powder will not decompose if kept dry, there is no hurry for a burial. At the time of burial, the remains are laid in a coffin made of a biodegradable material such as corn starch and placed in a shallow grave. Depending on the wishes of the next of kin, a bush or tree can be planted above the coffin. Within 6-12 months, both the coffin and its contents will become loam, a high-nutrient soil that nourishes the plant growing above. As Promessa’s website notes, this process “can instill greater insight in and respect for the ecological cycle, of which every living thing is a part. The plant stands as a symbol of the person, and we understand where the body went.”Wiigh-Mäsak, who owns a greenhouse and grows 15,000 organic plants, had been thinking about the idea of an ecological burial for many years until she finally decided to develop the idea into a reality.“The calm hours spent in my greenhouse gave me peace of mind, and it suddenly become obvious to me how human beings could also be fully integrated with the natural ecological cycle that we are an inherent part of,” she writes on Promessa’s website.Promessa has won awards from the Green Organisation as well as received recognition from UNESCO for the environmental benefits of the Promession process.Currently, the company is building its first facility to offer ecological burial as an alternative to casket burial. The first Promatorium in Sweden should open in the spring of 2011, with additional facilities to follow in the UK and South Korea. Eternally green: New eco-friendly cremations and burials Explore further 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.last_img read more

The Pros and Cons of using Chrome Download Unblocker

first_imgThe Pros and Cons of using Chrome Download Unblocker by Martin Brinkmann on February 20, 2019 in Google Chrome, Software – Last Update: February 20, 2019 – 12 commentsChrome Download Unblocker is a free program for Microsoft Windows devices — all from Windows XP to the very latest Windows 10 version — that you may use to configure Chrome to allow any download to go through.Google Chrome uses Safe Browsing functionality as a safeguard against potentially problematic or outright malicious file downloads. Google introduced Safe Browsing in 2011 in Google Chrome.While the browser does block malicious files from landing on the system if Google knows about them (if they are on the Safe Browsing list), it may also block legitimate files.While users may be able to allow certain downloads to complete by interfering manually, it is not possible for all files.Chrome Download Unblocker steps in. It is a simple to use program that toggles the functionality. A VirusTotal scan returned no hits.All you do is download the archive to the local system, extract it, and run the setup file afterward. The interface has just one option: to unblock or block downloads in Chrome.The initial state is blocked and a click on “unblock downloads” lifts the restriction. Chrome cannot run during the operation and you will get a prompt to close the browser to continue.The program should display the unblocked status in its interface after the operation. You can exit it at this point in time; in fact, you only need it again if you want to toggle the status again or when Google changed something in Chrome that reverted the status.All downloads are allowed without blocking of any kind in Chrome when the download status is set to unblocked in Chrome Download Unblocker.How useful is the program?If you run into blocked downloads regularly in Chrome, you may benefit the most as it speeds up the process as you don’t need to interact with Safe Browsing manually anymore.The downside to using the program is that it will also allow downloads of malicious program that Safe Browsing would have blocked; this may be mitigated by installed antivirus applications if they support the functionality.I run into blocked file downloads regularly in Chrome, usually when I download a program that is not very popular, e.g. a new program. It is not that difficult to allow the download manually and to verify the claim that Chrome makes using services like VirusTotal.I could see this becoming a huge nuisance if you download dozens of files per day or even more that are blocked, or simply don’t want the hassle.Now You: How do you handle browsers that block downloads?SummaryArticle NameThe Pros and Cons of using Chrome Download UnblockerDescriptionChrome Download Unblocker is a free program for Microsoft Windows devices that you may use to configure Chrome to allow any download to go through.Author Martin BrinkmannPublisher Ghacks Technology NewsLogo Advertisementlast_img read more

Feds Beige Report Sees Mixed Results for Housing

first_img in Government, Origination, Secondary Market, Servicing Fed’s Beige Report Sees Mixed Results for Housing Agents & Brokers Beige Book Federal Reserve Home Prices Home Sales Housing Affordability Jobs Lenders & Servicers Processing Service Providers Underwriting Standards Unemployment Valuation 2011-11-30 Ryan Schuette The same day it made public a campaign by central banks to shore up global liquidity, the “”Federal Reserve””:http://www.federalreserve.gov/ released the “”Beige Report””:http://www.federalreserve.gov/FOMC/BeigeBook/2011/ Wednesday, describing a stable national economy eclipsed by low consumer confidence and a housing market defined by still-strong interest in rental properties.[IMAGE]The central bank releases a Beige Report every quarter. The most recent edition tracked anecdotal reports across the nation’s 12 districts in early November.With lending largely on the rise, residential and commercial real estate activity languished in the doldrums, with commercial and single-family home construction not far behind, according to the Fed.””Overall bank lending activity increased slightly since the previous report,”” it said in the report, finding loan demand increasing in the Cleveland, Kansas City, Philadelphia, and New York districts.Richmond encountered mixed loan activity, while Boston enjoyed more plentiful financial support for higher-end properties. The Chicago, Dallas, San Francisco, and St. Louis districts saw only minor changes in lending behavior.[COLUMN_BREAK]Different districts reported mixed results.””Credit conditions were little changed on balance during the reporting period,”” the Chicago district reported. “”Volatility in equity markets remained elevated, and some additional flight to quality further boosted the demand for Treasury debt.””Respondents from the Dallas, Kansas City, Minneapolis, Philadelphia, and Richmond districts reported more residential real estate activity, with declines in sales seen in Atlanta and St. Louis.””Residential brokers indicated that sales softened in October through mid-November compared with September, but were flat to slightly up compared with weak levels from last year,”” the Fed concluded by speaking with respondents from the Atlanta district.The Fed noted that multifamily construction picked up steam in several districts, including those with headquarters in Chicago, Cleveland, Minneapolis, Philadelphia, and New York, beating competition from single-family home construction.””Commercial real estate markets remained sluggish across most of the nation,”” the report said, finding few, if minor, changes in districts like Boston, Chicago, Minneapolis, and New York.Vacancy rates went up in the Richmond and St. Louis districts, with progressively weaker activity emerging in these as well as the districts for Philadelphia and New York.The Fed also noted “”generally subdued”” hiring practices, such as some in Atlanta, Chicago, Cleveland, Dallas, Philadelphia, and New York.Districts for Atlanta, Boston, Cleveland, Minneapolis, and Philadelphia reported that more firms with open positions found it difficult to fill them with the appropriate candidates.center_img November 30, 2011 431 Views Sharelast_img read more

The Lufthansa Express Chauffeur facility is provid

first_imgThe Lufthansa Express Chauffeur facility is provided in collaboration with Fraport, with the limousine service ferrying up to four persons from home to their departure gate inclusive baggage check-in from EUR 129.Go back to the e-newsletter > Lufthansa also plans to provide inbound travelers with a new Express Shuttle service to and from alpine ski resorts and with Lufthansa Express Helicopter, customers can make their onward journey faster and privately by air. By bringing these various services under a single brand name, Lufthansa is offering a wide range of local or regional travel options from a single source that customers can use individually in addition to their Lufthansa flight.  The new brand will further be home to Rail & Fly in collaboration with Lufthansa Express, to Lufthansa Express Helicopter and to Lufthansa Express Chauffeur. A further new service, Lufthansa Express Carsharing, will also be added soon. Go back to the e-newsletter >All the road, rail and helicopter services that Lufthansa provides to get travellers to and from their airport of departure or arrival are to be operated under a single ‘Lufthansa Express’ brand name. “Our intermodal strategy is designed to provide our customers with a travel process that is as smooth and seamless as possible, from their region of origin right through to their final air destination or vice versa,” says Markus Pauly, Lufthansa’s Director of Infrastructure & Development at its Frankfurt hub. “In doing so, we can tangibly enhance their overall travel experience, by offering them all the mobility options they need within our service portfolio.”last_img read more