Anil Agarwal wants to refund VAT dues take back import tax hopeful

first_imgNew Delhi: Mining baron Anil Agarwal has said that Zambia must withdraw an import duty on copper and give his company due VAT refunds to help restore investor confidence that was shattered by the African nation’s move to liquidate his copper-mining business. Vedanta Resources has taken the government of Zambia to international arbitration following the seizure of its Konkola Copper Mines (KCM), one of Africa’s biggest copper producer, stunning investors. Also Read – SC declines Oil Min request to stay sharing of documents”We took the plan 15-16 years back. They (recently) slapped duty on copper concentrates, withheld our VAT refunds of $200 million… (Zambian) government has been pressuring us to continue operations but we said please resolve these issues first,” Agarwal said here. Last month, Zambian government seized control of KCM, one of Africa’s biggest copper producers saying it had breached environmental and financial regulations. State-controlled Zambia Consolidated Copper Mines Investment Holdings (ZCCM-IH) is seeking liquidation of KCM, in which it owns 20.6 per cent. Vedanta owns 80 per cent of the company and has has invested over $3 billion in KCM in adding processing capacity and extending the mine life since it acquiring the business in 2004. Also Read – World suffering ‘synchronized slowdown’, says new IMF chiefAgarwal said the African nation must “give us refunds due to us and remove (5 per cent import) duty on concentrate”. Zambia, which is Africa’s second-largest copper producer, is not in a good shape financially, he said. KCM is Zambia’s largest integrated copper producer with nearly 13,000 workers. It invested $500 million in a new copper smelter which produced 135,000 tonnes of refined copper in the first nine months of 2018. “I have a feeling they will resolve the issue… I am hopeful of an amicable solution,” he said. The Zambian High Court has appointed Zambian law firm Lungu Simwanza & Company to act as provincial liquidator for KCM following an application by ZCCM-IH. “The court is hearing the case, let’s see (what comes out of it),” he said. alast_img read more

Gaana looking to breakeven in next 45 years

first_imgNew Delhi: Music app Gaana expects to achieve break-even in the next 4-5 years with 100 per cent year-on-year revenue growth and traction of paid users on its platform. The company is also planning to invest in non-music genre to increase the engagement time of users on the platform. Industry will become profitable when 50 per cent of Indian people start using streaming apps, and ‘paid music’ as a model becomes the norm, Gaana CEO Prashan Agarwal told PTI. Also Read – Thermal coal import may surpass 200 MT this fiscal “Our revenue have been growing 100 per cent year-on-year. We expect to reach break-even at this rate in next 4-5 years,” he added. The Times Internet Group firm expects to double the number of monthly active users on its platform to 200 million in the next two years representing around 50 per cent share of the overall market. “In next 3-4 years, we expect 500-600 million users will start using music app out of which we expect 30 million to start paying for music. This will take music streaming segment towards healthy profits. We will maintain our share of over 50 per cent in this kind of market as well,” Agarwal said. Also Read – Food grain output seen at 140.57 mt in current fiscal on monsoon boost The company raised USD 115 million last year, which includes USD 100 million from Chinese company Tencent and USD 15 million from Times Internet. Besides music, Gaana is now expanding non-music content to enhance user engagement. “We are basically focussing on content from motivational speakers, meditation, workouts, comedy and story telling. This will enhance engagement of users on our platform,” Agarwal said. Gaana has also partnered with Google Playstore to launch an instant app for listeners who want to experience the app without actually downloading it. “This feature is targeted towards the next 100 million users coming online. We have registered a 5 per cent surge in app installs per day as more people are realising the convenience of being able to listen to their favourite songs anytime anywhere even before they download our app,” Agarwal said.last_img read more

Hopes for political solution in Darfur wilt under military action – UN

The prospect of negotiating a political solution to the Darfur crisis has become ever more remote as both the Sudanese Government and rebels appear determined to pursue a military solution, according to a United Nations report released today.At the same time the international community’s failure to supply vital helicopters, transport and other logistical support is undermining the work of the seriously under-staffed African Union-United Nations Hybrid Operation in Darfur (UNAMID) to pacify a region where five years of fighting have killed more than 200,000 people and driven nearly 2.5 million others from their homes.“I am extremely disappointed in the lack of progress on all fronts,” Secretary-General Ban Ki-moon says in the report that covers the UNAMID’s operations for the first three months of the year. “The parties appear determined to pursue a military solution; the political process stalled; the deployment of UNAMID is progressing very slowly and continues to face many challenges; and the humanitarian situation is not improving.”Blaming the lack of a political commitment on all sides as the primary obstacle, Mr. Ban stresses that if they had mustered the necessary will, agreed to cease hostilities, cooperated with the deployment of UNAMID and moved towards negotiations, “we would by now have started to witness significant progress towards a lasting solution.” UNAMID was set up at the end of last year with a target strength of 26,000 military and police personnel to replace a seriously under-manned and under-equipped African Union (AU) mission, but at present only has some 10,600 in the field, 1,400 of them civilians.“It is critical that the international community recognize its own central role in supporting the mission, so as to enable it to effectively implement its mandate and contribute to improving the lives of the civilians of Darfur,” Mr. Ban writes. “In that respect, more must be done to secure the necessary aviation and logistical capacities for a full and effective deployment.“Creative solutions must be found for those shortfalls, and they must be found quickly. I once again call on all Member States to pledge the necessary capabilities for UNAMID or to prevail upon other who may be on a position to do so.”He notes that although the Government agreed in principle to the Mission’s right to conduct night flights, it continues to obstruct operations by restricting flying hours. UNAMID has also not been afforded complete general freedom of movement, particularly in areas of West Darfur affected by ongoing violence between the Government and the rebel Justice and Equality Movement (JEM).Turning to the effect of the fighting on Darfurians, Mr. Ban stresses that Government military actions in West Darfur and the widespread use of force against civilians has resulted in indiscriminate killings and other grave human rights abuses. “JEM must also be held accountable for the role it has played in creating those circumstances,” he says.Calling the implications of the current security situation for Darfurians grave, he adds that attacks on food convoys and general violence are hindering the provision of humanitarian aid. Moreover, sexual and gender-based violence in and around camps for internally displaced persons (IDPs) is high.He concludes with a call to all parties to “urgently commit to a cessation of hostilities and to meaningfully engage in the political process led by the Special Envoys” – Jan Eliasson of the UN and Salim Ahmed Salim of the AU, who have been spearheading efforts to launch negotiations. 16 April 2008The prospect of negotiating a political solution to the Darfur crisis has become ever more remote as both the Sudanese Government and rebels appear determined to pursue a military solution, according to a United Nations report released today. read more

Visiting Indian Air Chief holds discussions in Sri Lanka

Air Chief Marshal Birender Singh Dhanoa met with the Chief of Staff and the Air Force Board of Management after which official plaques were exchanged between the two Air Chiefs at the Commander’s Office.The visiting Air Chief also participated for a briefing on the operational aspects of the SLAF which was delivered by the Director of Air Operations Air Vice Marshal Sudharshana Pathirana at the AFHQ Auditorium. Members of the visiting delegation, members of the AFMB and Senior Officers of AFHQ attended for this briefing. (Colombo Gazette) The Chief of the Air Staff was received upon arrival by the Commanding Officer SLAF Station Colombo Air Commodore Waruna Gunawardana and was afforded a Guard of Honour which was conferred by the Colour Squadron of the SLAF. Visiting Indian Air Force Commander, Air Chief Marshal Birender Singh Dhanoa, had talks with Prime Minister Ranil Wickremesinghe, State Minister of Defence Ruwan Wijewardene, the Defence Secretary and the Security Forces Commanders in Colombo today.Air Chief Marshal Birender Singh Dhanoa had cordial discussions on matters of bilateral importance and mutual relevance, the Air Force said. The Indian Air Force Chief also called on the Commander of the Air Force, Air Marshal Kapila Jayampathy at the Air Force Headquarters. read more

UNAfghan electoral authority isolates some ballots as counting of votes begins

Ballot boxes from 10 polling centres and 11 polling stations have been quarantined, the Joint Electoral Management Body (JEMB) said today in a statement from Kabul, following a request from the panel of independent experts appointed to probe candidates’ complaints about Saturday’s vote.The two members of the expert panel, Craig Jenness and Staffan Darnolf, told reporters yesterday that their request does not necessarily mean that irregularities have occurred.”It does mean that in reviewing these complaints expeditiously it was evident that further investigation was required in these locations,” Mr. Jenness said.Candidates were originally supposed to file their complaints by 6 p.m. local time on Tuesday, but the panellists have extended that period to allow additional complaints to be submitted until 6 p.m. today. So far Mr. Jenness and Mr. Darnolf have received 43 complaints relating to voting in Kabul, Ghazni, Wardak and Logar provinces, and reviewed 37 of them by yesterday.Now that the ballot boxes in question have been isolated, JEMB said the process of sorting and counting votes could begin. Counting is expected to take several weeks. read more

Fading hopes for fiscal cliff deal depress North American stock markets

TORONTO – The Toronto stock market closed lower Friday amid growing skepticism about whether American lawmakers can keep the U.S. economy from going over the so-called fiscal cliff.The S&P/TSX composite index dropped 57.64 points to 12,316.12 as the clock ticked towards huge spending cuts and significant tax increases that will automatically click in after Dec. 31 if there is no deal.The American economy is already weak and economists warn that the imposition of those measures could tip the U.S. back into recession and depress other economies around the globe unless the White House and Congress find a compromise budget plan.The TSX Venture Exchange was ahead 5.09 points to 1,201.84.The Canadian dollar was down 0.16 of a cent at 100.35 cents US.U.S. markets were also depressed with the Dow industrials down 158.2 points to 12,938.11, the Nasdaq off 25.59 points at 2,960.31 and the S&P 500 index down 15.67 points at 1,402.43.Traders had looked forward to a mid-afternoon meeting at the White House for last-minute talks. But losses deepened in the last minutes of the session amid reports that Obama was not presenting a new budget offer to congressional leaders.Democrats want a deal that would let tax rates rise for the wealthiest taxpayers, a measure opposed by Republicans.North American markets lost ground this shortened trading week as top U.S. lawmakers continued to cast blame on each other for the fiscal-cliff impasse while portraying themselves as open to a reasonable last-minute bargain.The TSX declined 0.56 per cent while the Dow industrials gave back 1.9 per cent.Traders have been focusing on Washington and the budget negotiations since the Nov. 6 presidential election returned a divided government to power.“I can’t wait till this is done, so we can start talking about markets again and not just about politics,” said Doug Cote, chief market strategist at ING Investment Management. Cote added that he doesn’t expect lawmakers will manage to reach a deal before the deadline.Traders took note of an apparent improvement in the housing sector as the number of Americans who signed contracts to buy homes increased last month to its highest level in two and a half years.The U.S. National Association of Realtors said its seasonally adjusted pending home sales index rose 1.7 per cent in November from October to 106.4.The increase points to higher sales of previously occupied homes in the coming months. There’s generally a one- to two-month lag between a signed contract and a completed sale.Commodities were lower and February bullion declined $7.80 to US$1,655.90 an ounce while the gold sector declined about one per cent. Barrick Gold Corp. (TSX:ABX) faded 36 cents to C$33.88 while Goldcorp Inc. (TSX:G) dropped 53 cents to $35.45.Rail stocks helped push the industrials sector down 0.8 per cent with Canadian National Railways (TSX:CNR) off 59 cents at $89.96 and Canadian Pacific Railway (TSX:CP) shedding 70 cents to $100.50.March copper closed down a penny at US$3.59 a pound. The mining sector fell 0.35 per cent with Teck Resources (TSX:TCK.B) down 52 cents at C$35.07, while First Quantum Minerals (TSX:FM) gave back 29 cents to $21.20.The energy sector dropped 0.47 per cent as February crude on the New York Mercantile Exchange slipped seven cents to US$90.80 a barrel. Suncor Energy (TSX:SU) declined 40 cents to C$32.22 while Talisman Energy (TSX:TLM) shed 16 cents to $11.01.The financial sector was also a drag with Scotiabank (TSX:BNS) down $1.06 to $57.43.On the corporate front, Research In Motion Ltd. (TSX:RIM) shares climbed five cents to $11.75. The BlackBerry maker has sold NewBay to mobile services company Synchronoss Technologies Inc. for US$55.5 million. NewBay’s cloud-based services allow customers to store, share and deliver content like photo albums, social networking and other data through smartphones, tablets and other electronic devices. by Malcolm Morrison, The Canadian Press Posted Dec 28, 2012 4:36 pm MDT Fading hopes for fiscal cliff deal depress North American stock markets AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to RedditRedditShare to 電子郵件Email read more

Future of revamped health care bill remains dubious in House

by Alan Fram And Julie Pace, The Associated Press Posted Apr 21, 2017 6:47 am MDT Last Updated Apr 21, 2017 at 3:20 pm MDT AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to RedditRedditShare to 電子郵件Email WASHINGTON – President Donald Trump on Friday downplayed the significance of pushing Republican health care legislation through the House next week, a retreat from more bullish White House pronouncements a day earlier, which had gotten a skeptical reception at the Capitol.In brief comments to reporters Friday, Trump said the attempt to rekindle the GOP drive to repeal President Barack Obama’s health care law is “coming along well.” But he said there was “no particular rush” to do it next week, when Congress returns from its spring recess.“It doesn’t matter if it’s next week. Next week doesn’t matter,” Trump said at the White House.Those comments represent a ratcheting back from Thursday, when Trump said at a news conference that there was “a good chance” of passing health legislation soon, adding, “I’d like to say next week.”Amplifying those comments, a senior White House official was also expressing confidence Thursday that a breakthrough on the mired Republican health care bill could emerge in the House next week. That official was not authorized to discuss the internal process publicly and insisted on anonymity.The White House is eager to pass the health bill quickly, partly because Trump will likely hit his 100th day in office — April 29 — without having signed a major piece of legislation.But that goal is running straight into the time-consuming, push-and-pull reality of Congress, not to mention enduring divisions between the conservative and moderate wings of Trump’s party.Many GOP lawmakers and aides have expressed doubt that the House would vote next week on health legislation, just a month after an earlier version died for lack of support within the party. They cited the higher priority of passing a spending bill to avert a government shutdown. Also, there’s uncertainty over a developing deal to revive the Republican health bill. In any case, it would take time to sell such an agreement to lawmakers.Republicans are also expressing doubts that a health care compromise that’s been discussed between party conservatives and moderates would win enough support to put the bill over the top. The party has long promised to repeal Obama’s 2010 health care law, and the House bill would replace it with less generous subsidies and eased insurance requirements.An outline of a deal has been crafted by Rep. Mark Meadows, R-N.C., who heads the hard line House Freedom Caucus, and Rep. Tom MacArthur, R-N.J., a leader of the centrist Tuesday Group. Vice-President Mike Pence also played a role in shaping that plan, Republicans say.The plan would deliver a win to moderates by amending the GOP health care bill to restore Obama’s requirement that insurers cover specified services like maternity care. But in a bid for conservative support, states would be allowed to obtain federal waivers to abandon that obligation.In addition, states could obtain waivers to an Obama prohibition against insurers charging sick customers higher premiums — a change critics argue would make insurance unaffordable for many. To get those waivers, states would need to have high-risk pools — government-backed insurance for the most seriously ill people, a mechanism that has often failed for lack of sufficient financing.___Associated Press writer Jonathan Lemire contributed to this report. President Donald Trump speaks during a news conference with Italian Prime Minister Paolo Gentiloni in the East Room of the White House in Washington, Thursday, April 20, 2017. (AP Photo/Susan Walsh) Future of revamped health care bill remains dubious in House read more

Ongoing forest destruction has put AsiaPacific at risk of missing global development

Sustainably managed forests hold vast potential to play a decisive role in ending hunger, improving livelihoods and combating climate change. Photo: FAO/Simon Maina “While forests are critical to achieving the Sustainable Development Goals (SDGs), they continue to be degraded and lost at a rate of 3.3 million hectares per year,” warned Patrick Durst, the Senior Forestry Officer at the UN’s Food and Agriculture Organization (FAO) Regional Office for Asia and the Pacific. Covering one-third of the earth’s surface, forests provide an invaluable variety of social, economic and environmental benefits. Forests and trees sustain and protect all life in invaluable ways. They provide the clean air for breathing and the safe water to drink. Home to more than 80 per cent of land animals and plants, forests safeguard the planet’s biodiversity and act as a natural defence against climate change.“In this region, forests continue to be converted to agriculture, destroyed and replaced by man-made infrastructure, housing, mining, and other land uses. Forest fires also continue to pose a threat to the region,” said Mr. Durst.When the SDGs were formulated and agreed upon in 2015, forests were explicitly mentioned in order that they be aided through the protection, restoration and promotion of sustainable forests while halting and reversing associated land degradation and the loss of biodiversity. According to FAO, a third of the world’s biggest cities, including Mumbai, Bogotá and New York, obtain much of their drinking water directly from forested areas. In short, life on earth is made possible and sustainable thanks to forests and trees. Forests and poverty reductionForests also play a major role in supporting human livelihoods. Nina Brandstrup, FAO Representative in Sri Lanka, underscored that they have much to contribute to ending poverty – the first SDG.“Globally, 1.3 billion people, mostly in developing countries, are estimated to be ‘forest peoples,’ who depend on forests for their livelihoods and income. Twenty-eight per cent of the total income of households living in or near forests come from forest and environmental income. Ending poverty would need to take the health of our forests into account and engage those ‘forest peoples’ directly,” she explained. According to FAO’s Global Forest Resource Assessment in 2015, forests continue to be lost in many countries of the Asia-Pacific region, including Sri Lanka. Degradation of forest quality further decreases the forests’ capacity to provide goods and services necessary for human survival. These losses will be more acutely felt as the demand for forest products steadily rises in the future.While most countries in the Asia-Pacific region continue to struggle to respond to forest loss, some are taking positive action. Through reforestation programmes, China and Viet Nam are actually increasing the amount of forested land. Meantime, the Government of Sri Lanka has announced plans to increase the country’s forest cover by as much as 35 per cent – including with the people that will benefit most. read more

Domestic violence charges dropped against former Buckeye Jared Sullinger

Boston Celtics’ forward Jared Sullinger (7) has his shot blocked during a game against the Washington Wizards Nov. 2, 2012, at the Verizon Center. The Celtics won, 89-86.Credit: Courtesy of MCTDomestic violence charges against former Ohio State basketball player Jared Sullinger were dismissed Monday by a Waltham District Court judge, according to media reports.Sullinger, who now plays forward for the Boston Celtics, faced charges of domestic violence stemming from an Aug. 31 incident in which he allegedly pinned longtime girlfriend, Deann Smith, to a bed and the floor.Sullinger was released on $5,000 bail after turning himself in to police, but a Waltham District Court judge initially ruled he could not have contact with Smith unless they were in the presence of a third party.Sullinger, a Boston Celtics spokesman and Sullinger’s attorney Charles Rankin did not respond to The Lantern’s request for comment Monday.A three-page affidavit was filed by Smith’s attorney, Melinda Thompson, stating that her client opposed the stay-away and that “she did not want to pursue the case and is not fearful of Mr. Sullinger.”District Judge Gregory Flynn dismissed the charges after Smith, whom Sullinger shared a home with in Waltham, Mass., told authorities she would not testify against the former power forward for the Buckeyes in court. Smith had also been repeatedly asking for the charges to be dropped since the incident occurred.Sullinger, 21, pleaded not guilty to assault and battery, destruction of property in total of more than $250 and witness intimidation during a Sept. 3 arraignment, and although Smith attempted to have the charges dropped, prosecutors remained in pursuit of convicting him.The defense asked to for the charges to be dropped, according to paperwork filed by Rankin, because there was no evidence to support them.“Moreover, discovery in the case has revealed there are not excited utterances nor any other admissible evidence to support the charges,” Rankin wrote, according to a report by the Boston Globe.Additionally, Rankin wrote that Smith notified District Attorney Marian T. Ryan’s office through her own attorney, saying she would invoke her Fifth Amendment right against self-incrimination if called as a prosecution witness.During his time at OSU, Sullinger started in 73 of the 76 games OSU played in from 2010-2012. Sullinger was a two-time AP All-American selection and helped lead the Buckeyes to appearances in the Sweet Sixteen in 2011 and Final Four in 2012.The Celtics selected Sullinger with the 21st overall draft pick in the 2012 NBA Draft. read more

How MLBs Tankathon Is Skewing The Trade Market

Indians155291.795.313.31.9 Where each team stands at the 2018 deadlineTeams ranked by Doyle Number — how many future wins of talent a team should trade away to acquire 1 win this season Athletics153287.227.62.70.8 Cautious BuyersElo RatingExp. Wins per 162 gamesDiv. Series OddsWorld Series OddsDoyle Number Astros158699.291.621.12.2 Brewers152285.051.94.21.2 Twins149679.14.00.20.1 Padres143966.60.00.00.0 Expected wins are derived from the team’s current Elo rating.Source: FanGraphs.com Braves150781.534.92.00.8 White Sox143766.00.00.00.0 Orioles143265.00.00.00.0 Phillies150681.551.53.01.0 Solid BuyersElo RatingExp. Wins per 162 gamesDiv. Series OddsWorld Series OddsDoyle Number Rockies151583.336.52.50.9 Rangers148276.10.00.00.0 Diamondbacks153287.347.5%4.7%1.2 Red Sox1591100.296.7%23.8%2.2 Although the share of prospects in the hands of top teams isn’t a perfect predictor of how many deadline deals will go down,3Since 2009, its correlation with the share of all trades that happened at the deadline was 0.36. it does speak broadly to the ability of contenders to act on the advice that their Doyle Number would recommend. In 2016, for instance, the Cubs’ surplus of top prospects — and urgency to win a World Series after a 108-year dry spell — led Chicago to trade a number of gifted farmhands (headlined by stellar 2018 rookie Gleyber Torres) to the Yankees for a few months’ rental of closer Aroldis Chapman.It wasn’t the first time that future talent was pawned off for an immediate payoff, and it was far from the last. Because of their low pay and endless promise, minor leaguers serve as the ultimate grease in the wheels of the trade-deadline machine. And they may yet help smooth along another blockbuster in the next few hours, perhaps one including Bryce Harper, Jacob deGrom, J.T. Realmuto or Chris Archer. But if the deadline does end up feeling a little slower than we’d expect from the buyer/seller profiles implied by this year’s standings, it could just be because most of the buyers have already bought and the sellers have already sold.Check out our latest MLB predictions. Cubs155692.479.311.71.9 Tigers144968.70.20.00.0 Cardinals151383.06.60.40.2 Mariners151984.440.63.11.0 Angels151783.81.50.10.0 Blue Jays148576.70.00.00.0 Reds147975.40.20.00.0 Giants149879.53.70.20.1 Major League Baseball’s annual trade deadline — this year’s version of which falls at 4 p.m. Eastern on Tuesday — is an annual chance for teams to take stock of their short- and long-term future plans. As our research has shown in the past, World Series front-runners should generally be willing to give up quite a large bushel of future assets in exchange for talent that might bring them a ring in the here and now. Meanwhile, teams on the fringe of the playoffs should be relatively indifferent between playing for the future or the present, and bottom-feeders should frantically sell everything they can.Those guidelines become apparent when we run our “Doyle Number” statistic for this season’s teams. As a quick refresher, the Doyle Number1Named after the infamous 1987 trade in which the Detroit Tigers sent future Hall of Famer John Smoltz, then a 20-year-old prospect, to the Atlanta Braves for 36-year-old Doyle Alexander. represents how many future wins of talent a team should be willing to part with to acquire 1 extra win of rental talent over the remainder of this season (including the playoffs).So the Boston Red Sox, who have the highest Doyle Number in baseball, should be willing to trade away up to 2.2 wins of future talent in exchange for every 1 win of talent they acquire for this year’s stretch run — they’re clear deadline buyers. By contrast, teams with Doyle numbers around zero are obvious sellers — they have no reason to give up future talent to acquire extra wins this season. Finally, a Doyle of 1.0 means a team could swing either way between buying and selling.Here are this year’s Doyle Numbers (as of July 30): Royals141461.00.00.00.0 Nationals152284.99.1%0.7%0.3 Rays150581.20.60.00.0 Pirates150080.08.00.40.2 This year’s crop of buyers is unusually robust — three teams have Doyle Numbers north of 2.0 (most recent years have usually had only one or two) and six teams are at or above a Doyle of 1.8 (when the typical year has two or three in that range). At the same time, 12 teams have Doyle Numbers that round to 0.0, compared with an average of nine in the previous three years we’ve been calculating the metric.It’s all a consequence of this supremely stratified, tank-tastic MLB season. On the one hand, you might imagine that such a surplus of buyers and sellers would pave the way for more trades than usual, since a lot of teams have their motivations aligned for deal-making. And there have been some notable moves made thus far: Manny Machado to the Dodgers, Cole Hamels to the Cubs, Ian Kinsler to the Red Sox, Mike Moustakas to the Brewers, J.A. Happ to the Yankees and so forth. But the particulars of this year’s market could also play some tricks with what we think of as ordinary deadline business, when we consider who has how much of which asset — long-term vs. short, young talent vs. established stars. Elite teams can only swap with rebuilding ones if they have the right prospects to send away, and there’s evidence that many of the best youngsters have already flowed from the contenders to the tankers before anybody had a chance to do their deadline shopping.To see this, we can look at how many members of Baseball America’s Top 100 prospects are in the farm systems of top teams, as opposed to everybody else. For each full season since 1990,2So, excluding partial seasons in 1994 and 1995. I gathered the list of top prospects and assigned each ranking slot its average future value, according to my research here. To focus on prospects that haven’t yet made a dent in the big leagues — i.e., the kind more likely to be thrown into deadline trades — I filtered out players who exhausted their rookie eligibility during the season in question (or, for this year, players who are on pace to do so). Finally, I calculated the percentage of leaguewide prospect value that belonged to teams in the top third of all MLB teams by projected end-of-season record (using our Elo ratings, as of July 30 each season). And this year, only 27.5 percent of prospect value is in the systems of top-tier teams, the lowest such mark in any full season since 1991. Yankees158398.677.517.22.1 Marlins145068.90.10.00.0 Dodgers156494.265.611.01.8 Mets147073.40.10.00.0 SellersElo RatingExp. Wins per 162 gamesDiv. Series OddsWorld Series OddsDoyle Number read more

Freemasons symbol will appear on fire engines after controversial donation

first_imgThe London Fire Brigade has been criticised for accepting a donation from the Freemasons with the condition that new trucks purchased with the money carry their symbol.The society gave £2.5 million to the fire service to purchase two vehicles with high aerial ladders, which would be capable of reaching the top of a building as high as Grenfell Tower.But the new vehicles will be emblazoned with the symbol of Freemasonry, the square and compass.Paul Embery, of the Fire Brigades Union, told Channel 4 News that there were concerns over donations from “secret societies”.”We don’t want to sound uncharitable but our concern is that this is really a slippery slope,” he said.“The idea of private companies or secret societies effectively purchasing front line emergency service vehicles and having their insignia – free advertising effectively – we are really concerned that could lead to a greater inflow of private money into what really is a private service.” London Fire Brigade The Freemasons’ symbol already appears on some other emergency service vehicles, including air ambulance helicopters and lifeboats.Dr David Staples, CEO of United Grand Lodge of England, the society’s governing body, said the Freemasons were not secretive. He said:  “Freemasonry has a long and proud 300 year history of charitable giving and this £2.5 million appeal to purchase two vehicles for the London Fire Brigade is the latest step in London Masons’ objective to support the local community and help make London a safer place.”London Masons recently made a £2million donation to help fund its much needed second London Air Ambulance and a further 22 Air Ambulance and rescue services across England and Wales have also recently received grants.”Our universally recognised Square and Compasses can be seen on many of these emergency vehicles, all funded by the generosity of our members up and down the country. These include everything from the ambulances, first responder vehicles, helicopters and lifeboats to smaller buggies which carry patients with mobility difficulties around local hospitals.“United Grand Lodge of England and its members have nothing to be ashamed of, and are disappointed that, in some peoples’ minds, out of date and inaccurate perceptions about Freemasonry continue to drive anti-masonic and discriminatory agendas. Service to the community has always been one of our key tenets.”A spokesman for the London Fire Brigade said it was not unusual for emergency services to accept charitable donations and it would be “irresponsible” not to consider any donation that could save lives. The fire brigade is buying new vehicles with high laddersCredit:Heathcliff O’Malley  Want the best of The Telegraph direct to your email and WhatsApp? Sign up to our free twice-daily  Front Page newsletter and new  audio briefings. “The donation we have received from the London Freemasons follows similar support offered by the organisation to other emergency services including the London Air Ambulance and London Ambulance Service,” the spokesman said. “The expectation for branding also follows similar support offered by the London Freemasons to other emergency services in the capital.“The safety of Londoners is our priority and if we are offered any significant donation we can use towards equipment which could help us further protects Londoners and save lives, it would be irresponsible of us not to consider it.”last_img read more

Eaton spiral hose helps continuous miners reduce downtime in South Africa

first_imgPower management company Eaton says its Aeroquip X-FLEX very high pressure spiral hose “has been performing to expectations” and helping manufacturers servicing continuous miners operating in highly abrasive environments in South Africa to meet their contracted coal extraction rate terms by increasing uptime and decreasing maintenance and service times.South Africa is one of the ten largest coal producers and the fourth largest coal exporting country in the world, with a significant proportion mined with continuous miners using the room and pillar technique. Downtime on these continuous miners could cost the mine up to $10,000/hr in lost production – a cost so high that some mines measure this downtime in minutes. There are many factors that can cause downtime, but Eaton argues that the majority of cases are due to hydraulic hose assembly failure.“Eaton’s route to market for South Africa’s mining industry is through a distribution network for which we supply hydraulic assemblies, fittings and accessories,” explains Jorge De Lima, team lead sales for Southern Africa for Eaton’s Hydraulics business. “Many of these companies are contracted by the mine to ensure that the continuous miners meet or exceed a certain rate per tonne of coal extracted, which is why avoiding downtime is of the utmost importance.”The area on a continuous miner where most breakdowns occur is on shear cylinders that move the cutting bobbin. Upon daily servicing, these areas are cleared of coal debris and the assembly is checked for any cuts, signs of abrasion or visible leaks from the threaded connection. Eaton states: “In disciplined sites, the preferred hose used on these machines is Eaton’s GH506, which offers excellent performance when cleaned and serviced regularly. The hose end fitting features a special wire trap design that requires the hose to be both externally and internally skived to help ensure hose and fitting integrity under impulse conditions.”“At one particular mine site, which operated several continuous miners, the total annual downtime caused by the failure of hydraulic hose assemblies was 9,000 minutes–this equates to approximately $1.5 million in lost production,” recounts De Lima. “Here, the servicing regime had gradually relaxed over time and the hose assembly was failing.”While the supplier was contracted to ensure that the continuous miners met or exceeded the set rate per tonne of coal extracted, it couldn’t influence the rigour of the daily service regime. To overcome this challenge, the supplier replaced the original GH506 hose assembly with Eaton’s higher specification Aeroquip X-FLEX hose. X-FLEX features a rugged, abrasion resistant DURA-TUFF cover, which provides longer life in this abrasive environment compared with the original high pressure hose. In addition, it provides a 46% reduction in force-to-bend ratio, which made it easier for the supplier to handle in the shop, and less time consuming to fit on the equipment. When used in conjunction with one-piece Aeroquip global spiral TTC crimp fittings, the X-FLEX hose assembly is also easier to build since skiving is not required.“On replacement of this original hose assembly with Eaton’s Aeroquip X-FLEX very high pressure spiral hose, duty time increased considerably and downtime for the mine was reduced by 2,000 minutes,” says De Lima. Squeezing lost production costs by $333,000, by simply replacing a hose, is very attractive for the mine and the supplier. With supply and service of these mine sites in the region of $50,000/mth, the mine has effectively saved and recovered its spend.last_img read more

Norway win Scandi derby for the EURO final

← Previous Story Guerreras upset defending champions Next Story → Norwegian No. 1 Silje Solberg: Spanish shooters and fast-breaks… Norge girls had much easier job in Budapest’s semi-final than their rival in the Sunday’s final – Spain. Team led by Thorir Hergeirsson beat Sweden 29:25 (13:11) and showed once again who are the older brother in Scandinavian derby. From the very beginning, vice-champions from EURO 2012 in Serbia, held upper hand and with Loke – Riegelhuth – Mork trio made a big distance – 9:3, after 15 minutes of the match.STATISTICSOnly three goals have turned on alarm on the Swedish bench. Gullden and Torstenson were not in such a good mood as in some previous matches, but with series of goals by Hagman, Sand and Co, “three crowns” came to 10:9 only four minutes before the break…Swedish girls were on the edge to level result several times until 41st minute, but the Olympic champions from London, managed to put pressure off with series 4:0 – 22:17. After this “black hole” in the performance of the Swedish team, winners became much more obvious.Gullden netted four goals in the rest of the match (9 in total), but that wasn’t enough to make some serious trouble to winning squad. Finish was only question of routine, and Norge girls are the queens of routine in European handball.However, Sweden will have a big chance to take a medal, the first one since EURO 2010, when they won silver in Norway. read more

Microwave gun treatment will stop you from sweating for up to a

first_imgSweat is the gross by-product of spending an otherwise nice day in the sunshine. No one enjoys the embarrassment of having sweat puddles underneath their armpits, or the accompanying odor. That might all change soon because Miramar Labs Inc. has created miraDry, a long-term solution to an embarrassing problem.miraDry is a non-invasive procedure that requires nothing more than local anesthesia. It’s essentially a small gun that uses microwave energy to destroy your sweat glands. Firstly, it uses a suction system to bring the glands closer towards the surface, the skin is then cooled so it’s protected while the microwaves, and then the glands are destroyed, never to return. It’s designed for use in your armpits, the most common problem area for people.It’s a safe (allegedly), easy way to stop you from sweating under your arms. It also destroys the hair follicles — a bonus for women — and it gets rid of any odor too. There are other ways to treat sweating under the arms but they involve surgery, miraDry is a no-risk solution and, on average, 82% of the sweating stops completely.Sweat is vital to cool our bodies down but as your underarms only contain around 2% of your total sweat glands, it’s completely safe to get rid of them.Sadly, it doesn’t last forever, the treatment lasts up to a year. That’s a long time, but the procedure requires two sessions and will set you back $3000.It might not be necessary for the average person to have this treatment but it may come as a big relief for some.More at WSJ via Gizmodolast_img read more

ATT waits until Google announces Fiber to reveal competing service

first_imgGoogle’s Fiber initiative is making waves in Austin, TX. This time it didn’t take long for local competition to respond, however, as hours after the announcement AT&T revealed a plan to deliver their own gigabit fiber internet service.The US lags behind when it comes to the quality its internet service. In fact, the country isn’t even in the top five when rating nationwide internet performance. When you consider the size of the US and the infrastructure needed, it makes sense that deploying something like a gigabit network would take longer than in a nation like Germany or Japan. Google’s Fiber initiative sought to change that, even if it meant resistance from local ISPs. Things are going a little differently in Austin, where AT&T will match Fiber with its own ultra-high speed service.Until this week, there was nothing remotely close to a gigabit connection available to the citizens of Austin. In the same day, only hours apart, the city received two different providers planning to deliver gigabit fiber in the coming months. Google’s Fiber announcement was celebrated by the people of Austin and the local government, while a press release a few hours later revealed AT&T’s intent to deliver the same performance. Even so, in the adjoining press release AT&T noted that “this expanded investment is not expected to materially alter AT&T’s anticipated 2013 capital expenditures.”AT&T didn’t attach any pricing to their announcement. As best we can tell, from the near-free 5MB plan all the way up to the unlimited everything $130 plan, AT&T’s current broadband pricing tiers are not going to be able to compete. Offering gigabit means adjusting AT&T’s entire U-Verse pricing scheme, which currently maxes out $110 per month with TV phone, and 24Mbps down. And the pricing isn’t a fixed rate — it goes up after the promotional periods expire. This obviously won’t work once Google Fiber is in town.While competition is always a good thing, it seems from their statements that it would be easy for AT&T to deliver this service to Austin. If that’s true, and their service rolls out to compete directly with Google, it’s hard not to wonder why AT&T didn’t released speeds even remotely close to gigabit in the past. There are some parts of the US where 150Mbps down is a regularly available, and AT&T wasn’t offering that in Austin, but all of a sudden they have what they need to deliver gigabit fiber to everyone’s homes.last_img read more

Dimensions lappli pour les bras cassés de la mesure

first_imgDimensions, l’appli pour les bras cassés de la mesureL’application Dimensions permet de mesurer n’importe quoi, des litres aux surfaces. Un outil bien utile pour toutes les personnes qui ont un peu de mal à mesurer, ou n’ont tout simplement pas les outils. Vous êtes un bricoleur du dimanche ? Il y a une application pour ça ! Pour 79 centimes d’euros, l’application Dimensions vous permet de mesurer à peu près n’importe quoi. Disponible sur iPhone, iPad et iPod Touch, elle propose 14 outils différents. Tout y passe : le pied à coulisse, le mètre, le décamètre, le podomètre, la règle à niveau… À lire aussiMaladie de Charcot : symptômes, causes, traitement, où en est on ?Dans ce joyeux bazar, la plupart des outils ont un intérêt plus que limité. Et la précision n’est pas toujours de rigueur. Donc, inutile de vous en servir si vous voulez calculer au millimètre près, l’espace que vous avez pour poser une étagère. Comme l’explique l’Express, si vous souhaitez mesurer une distance, plusieurs façons vous sont proposées. Pour une courte distance, une petite règle de sept centimètres s’affiche. Entre sept centimètres et deux mètres, les choses se compliquent car il faut faire glisser son iPhone en maintenant son doigt sur l’écran. Et alors au-delà de deux mètres, ça devient vraiment compliqué : il faut compter ses pas pour que l’application puisse calculer la distance.À priori, l’application s’adresse aux bricoleurs, pourtant ce sont les cuisiniers qu’elle pourrait aussi satisfaire. En effet, elle met à disposition des utilisateurs un verre doseur. Une assez bonne idée, surtout que la plupart des gens n’ont pas forcément de balance chez eux. Et forcément, c’est quand vous vous décidez, à l’improviste, de faire un gâteau pour votre petit frère, qu’il vous manque les principaux ustensiles. Avec Dimensions, il vous suffit donc de mesurer le diamètre et la hauteur d’un verre (grâce à la petite règle pour le coup !). Puis, l’application calcule ensuite la hauteur selon l’ingrédient demandé. Petit plus de l’appli: elle fonctionne également avec les mesures britanniques, pour nos amis d’Outre-manche. Le 19 février 2012 à 15:30 • Maxime Lambertlast_img read more

PM Minnis Outlines Risks of Climate Change at Fisheries Conference

first_img6969Prime Minister Minnis addresses the 5th Meeting of ACP Ministers in charge of Fisheries and Aquaculture, September 20, at Melia Nassau Beach resort. Facebook Twitter Google+LinkedInPinterestWhatsApp Facebook Twitter Google+LinkedInPinterestWhatsApp#Bahamas, September 21, 2017 – Nassau – Climate Change is now one of the most fundamental development challenges facing countries of the African, Caribbean and the Pacific (ACP) grouping, Prime Minister, Dr. the Hon. Hubert A. Minnis said Wednesday.Addressing the Opening Session of the 5th Meeting of ACP (Africa, Caribbean and Pacific) Ministers In Charge of Fisheries and Aquaculture at Melia Nassau Beach resort, Prime Minister Minnis said various climate models suggest damage from natural disasters have increased sharply and that: “such damage is likely to worsen, especially from flooding.”“The National Wildlife Federation in the United States notes that the latest science connecting hurricanes and global warming suggests more is yet to come,” Prime Minister Minnis said.“Tropical Storms are likely to bring higher wind speeds, more precipitation and bigger storm surge in the coming decades.”Prime Minister Minnis observed Climate Change also poses risks for sustainable development and tourism, in addition to sustainable fisheries.“In meeting these risks, we must rise to the challenge with new ideas for fisheries and aquaculture.“Public and private sector investments are required if the aquaculture sector is to develop in a viable manner in the Caribbean.   The Caribbean Community must do its part to boost aquaculture and sustainable fisheries throughout our region,” Prime Minister Minnis added.The Prime Minister announced that the Government of The Bahamas will promote investments in aquaculture, mariculture and modern sea farming strategies.It will undertake a study of the country’s marine resources with a view to creating opportunities for the artificial propagation and enhancement of local fish stocks, addressing growing demands for fish and aquaculture products regionally and globally, and the ‘steep rise’ in importation of fish and fisheries products over the last decade.Prime Minister Minnis said there is no denying the impact Climate Change is having on the 2017 Atlantic Hurricane Season.   There have already been 13 named storms just three-and-one-half months into the season, with two-and-one-half months left to go. (The Hurricane Season lasts June 1 through November 30.)Already, there have been three Super-Storm Hurricanes (Harvey, Irma, Maria) that have left an estimated hundreds of billions of dollars worth of devastation and destruction across the region and parts of the United States of America.Maria, the latest of the three Super Storms, has wreaked major havoc in Dominica and Puerto Rico.“Like typhoons and monsoons (in Asia), these Super Storms leave many communities and countries in the Caribbean particularly vulnerable,” Prime Minister Minnis said.“This includes Small-Island Developing States (SIDS) and low-lying areas such as The Bahamas and a number of small-island Pacific States here today. Climate Change is now one of the most fundamental development challenges for countries in Africa, the Caribbean and the Pacific,” Prime Minister Minnis remarked.By: Matt MauraPhotos/Yontalay Bowe, OPM Media Services 6983Group Photo at Melia on Wednesday. 6849Prime Minister Minnis (second left) and Bahamas Minister of Agriculture and Marine Resources Renward Wells (third left) chat with a delegate of the 5th Meeting of ACP Ministers in charge of Fisheries and Aquaculture, September 20, at Melia Nassau Beach resort.   Also pictured is Parliamentary Secretary in the Office of the Prime Minister for Information and Communication Pakesia Parker-Edgecombe. 6964Fisheries and Aquaculture Ministers from Africa, the Caribbean, and Pacific countries. Related Items:last_img read more

BNP Paribas and Bakkavor shortlisted for Best use of benefits technology

first_imgBanking organisation BNP Paribas and international food manufacturer Bakkavor are among the organisations shortlisted for the Best use of benefits technology category at the Employee Benefits Awards 2019.This award will recognise an employer that has used and adapted benefits technology in order to implement effective strategies for employee engagement, recognition or reward.The full category shortlist is:Atos, Benefits Excellence (entered by Benefex)Bakkavor, Bakkavor Benefits Platform (entered by Zest Benefits)BNP Paribas, Spectrum Virtual Benefits Fair (entered by Blue Goose)Capgemini, My Benefits (entered by Aon)Reed Specialist Recruitment, Reward Hub (entered by Reward Gateway)The winner of the Best use of benefits technology award will be announced at this year’s Employee Benefits Awards and Summer Party on Friday 7 June 2019.Following a welcome drinks reception, the ceremony will be hosted by actor and comedian Kerry Godliman, and will take place over a three-course lunch at The Pavillion at the Tower of London. Guests will then be able to network with peers and discuss best practice at an early evening summer party, while taking in the views at one of the city’s most iconic locations.See the full shortlist.For more information or to book your table.last_img read more

Wilmington Pop Warner To Hold Registration Night On April 2

first_imgWILMINGTON, MA — Wilmington Pop Warner is holding a Registration Night for interested football players (Grades 2-6 for next school year) and cheerleaders (Grades 2-8 for next school year) on Tuesday, April 2, 2019, from 6pm to 8pm, in the Town Hall Auditorium.All new players must have original birth certificate with seal.Fore more information and registration details, click HERE.Like Wilmington Apple on Facebook. Follow Wilmington Apple on Twitter. Follow Wilmington Apple on Instagram. Subscribe to Wilmington Apple’s daily email newsletter HERE. Got a comment, question, photo, press release, or news tip? Email wilmingtonapple@gmail.com.Share this:TwitterFacebookLike this:Like Loading… RelatedWilmington Pop Warner To Hold Registration Night On April 3In “Sports”Wilmington Pop Warner To Hold Registration Night On April 24; Online Registration Now OpenIn “Sports”Wilmington Pop Warner’s Foresyth, Penney, Roberts, Smolinsky, Williams & Zaccagini Named ‘All-American Scholars’In “Sports”last_img read more

Pompeo briefs Saudi Israel on US plans for Iran deal

first_imgUS Secretary of State Mike Pompeo shake hands with Saudi foreign minister Adel Al-Jubeir in Riyadh. Photo: ReutersWashington’s new chief diplomat was to meet Saudi and Israeli leaders on Sunday to rally coordinated opposition to Tehran and brief them on President Donald Trump’s threat to end the Iran nuclear deal.Secretary of State Mike Pompeo touched down in Riyadh on Saturday shortly after Tehran-backed Huthi rebels in Yemen fired missiles across the kingdom’s border.US officials travelling with Pompeo told reporters the Huthi missiles had been supplied by Iran, and cited the attacks as evidence that regional powers should work together.Pompeo had dinner with Saudi Arabia’s crown prince Mohammed Bin Salman, and on Sunday he was due to meet his father king Salman.Then he was due to fly on to Jerusalem to meet Israeli prime minister Benjamin Netanyahu and then on to Amman in Jordan, wrapping up a weekend of talks with some of Iran’s most fervent foes in the region.Trump is due to decide on 12 May whether to reimpose nuclear-related sanctions on Tehran, putting in peril the landmark 2015 nuclear accord, which most world powers see as key to preventing Tehran from getting the bomb.But Trump and America’s Middle East allies argue the deal, approved by Trump’s predecessor Barack Obama, was too weak and needs to be replaced with a more permanent arrangement and supplemented by controls on Iran’s missile program.Pompeo set off on his first diplomatic trip within two hours of being sworn in on Thursday and on Friday—after talks with the NATO allies in Brussels—he appeared to suggest that Trump plans to nix the deal.“Absent a substantial fix, absent overcoming the shortcomings, the flaws of the deal, he is unlikely to stay in that deal past this May,” Pompeo told reporters in at NATO headquarters.Perhaps the last chance to fix these supposed shortcomings came from talks between Washington and its European allies Britain, France and Germany on a supplemental agreement to sanction Iran’s missile program.But both President Emmanuel Macron of France and Germany’s Chancellor Angela Merkel left Washington this week after talks with Trump having failed to secure any promise that he might keep the core deal alive.Air strikesThat may be music to the ears of the Saudi and Israeli leaders, who both support a tougher line on Iran.“This administration has made it a priority to address Iran’s missile programs,” a senior US official told reporters in Riyadh, condemning the latest Huthi volley of missiles, themselves in part a response to Saudi air strikes.“Iran supplies the missiles that the Huthis fire into Saudi Arabia, threatening civilians,” he said. “Today alone the Saudis shot down four Huthi missiles, the latest in a string of such attacks.”Earlier, a civil defense official had said that at least one Saudi had been killed by falling shrapnel as his government’s air defense batteries attempted to intercept the missiles near the Yemen border.A Saudi-led coalition air strike overnight Friday to Saturday killed dozens of Yemeni rebels including two commanders, state media said.Prince Salman and his father will welcome US solidarity against Iran—just as Israel will want to see greater US support for its efforts against Iranian influence in Syria and Lebanon—but Pompeo has come with requests too.According to US officials, while Riyadh has a right to self-defense, it must come to see that the solution to Yemen’s civil war will be a political one and its forces must not exacerbate the massive humanitarian crisis there.Washington also wants to see an end to the Gulf crisis that has seen Saudi Arabia and the United Arab Emirates impose a diplomatic and trade embargo on fellow US regional ally Qatar.And, perhaps most importantly for Trump, Pompeo will urge Saudi Arabia to provide personnel and funding to help US efforts to stabilize northeastern Syria in the wake of the expected defeat of the Islamic State group.“The president has made clear that he wants to see meaningful participation from states in the region,” another senior US official travelling with Pompeo’s party said.“We want to see the kind of participation, for financial efforts, not just kinetic efforts that would match, parallel, would assist, the US role,” he said. The United States has more than 2,000 troops in Syria.On Qatar, the US officials said they do not blame one side or the other, but want Riyadh and Doha to sort out the stand-off themselves.Humanitarian tragedyAnd on Yemen, they warned the Saudi-led coalition not to again block or bomb ports that supply vital civilian aid, warning that there is no military solution to the crisis.“The humanitarian situation in this tragic country cannot be allowed to become worse. It needs to get better. And that means full and free access to humanitarian goods, to commercial goods, to fuel,” one said.Pompeo will conclude his first diplomatic trip on Monday after talks with senior Jordanian officials and then fly back to Washington to move in to his office in the State Department.last_img read more