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Grace expects Greinke trade to have emotional impa

first_img Grace expects Greinke trade to have emotional impact Top Stories 0 Comments   Share   Former Cardinals kicker Phil Dawson retires The 5: Takeaways from the Coyotes’ introduction of Alex Meruelo The coach said with more than three weeks left until the regular season opener, there should be enough time to get the five-time Pro Bowl selection to where he and the team want him to be. Abraham wouldn’t put a timetable on his return to the field.“We’re taking it day-by-day right now,” he said, adding that he does not want to rush himself and risk getting injured. While he has been absent over the last few weeks, his teammates have been getting in shape and hitting each other, getting ready for the season. “I don’t want to put myself in jeopardy of trying to come back too fast and getting injured and missing more time than I need to.”But for now, just being around is enough.Abraham wouldn’t elaborate on why exactly he was away, only referring to it as “personal stuff” that had less to do with the DUI than people think. “I’m just going to let that handle itself, because I’m still going through that, but it was more just personal stuff,” he said. “Just handling personal stuff in life. Just getting back so I would have a clear mind when I got back.”Abraham struck a markedly different tone than the one he displayed in statement that was released just a couple weeks ago, where he apologized for what he had done and said he was working to “handle” his personal business. Back with the team, he was much more positive . Derrick Hall satisfied with D-backs’ buying and selling GLENDALE, Ariz. — John Abraham is finally back with the Arizona Cardinals.After thanking team president Michael Bidwill, head coach Bruce Arians and general manager Steve Keim, among others, for their understanding of the personal issues that kept him away from the team, the veteran linebacker said he was glad to be back and is ready to get back to football.It’s been a long time coming for Abraham, the NFL’s active sack leader who had 11.5 quarterback sacks last season and is once again expected to anchor the Cardinals’ defense. A veteran of 14 NFL seasons with three different teams, Abraham is still regarded as one of the premier sack artists in the game. His 53 total tackles last season represented his highest mark since 2005, showing he may have more left in the tank than was believed. His 133.5 career sacks place him ninth on the NFL’s all-time list, and he’d like to climb up that list a bit more. He’s specifically eyeing former New York Giant Michael Strahan, who is fifth with 141.5.That’s part of the reason why, he said, there was never any thought to walking away from the game and not coming back at all.“Hell no,” he said when asked if he considered it. “That would have been dumb as hell for me to do that. Football has given a lot to me. The Cardinals have given a lot to me; even have the advantage of still playing football. A lot of people kind of gave up on me after Atlanta let me go, and to come back and be blessed to play…and I’ve still got to get like nine sacks to so I can get Strahan, so that’s one of my goals. I can’t do that sitting on the couch.” – / 15 But for now, after an offseason that saw him get arrested for DUI in Georgia in June, he’s just happy to be with his team.“Just being back to see the guys. I’ve been doing this for more than half my life, so just being around football, seeing the fans, seeing old teammates, just being around, just having a positive thing,” he said. “And knowing that we are trying to do something this year — this is definitely a good situation.”Abraham, 36, declared himself to be in “no-camp” shape, meaning he’s not quite ready to get back on the field and be himself just yet. He added that he’s been doing this long enough to where he won’t need a lot of time to get back into the swing of things, but understands that being away as long as he has did set him back a bit.When he is ready to play, Arians said Abraham will be inserted right back into the starting lineup. “We’ll just see what kind of condition he’s in and get him physically ready, but yeah, he’s going to be our starting Will linebacker, there ain’t no doubt about that,” he said. “He’s never been out of those plans.” And his teammates are happy to have him.While he was speaking to the media, Darnell Dockett interrupted to the session to give his teammate a hug and welcome him back, while Sam Acho and defensive line coach Brentson Buckner shouted well wishes from across the way.“You always want to be supportive,” linebacker Lorenzo Alexander said. “I’m pretty sure there are certain guys on this team that he’ll talk to and lean on, that he has an intimate relationship with. Other guys, just making sure that, kind of watching out for him and making sure everything is up to par.”Alexander added that every player has their own issues to deal with, so the team will have little problem bringing Abraham back into the fold, regardless of what’s been going on off the field. The team is welcoming back an impact starter, after all.“If it was an issue where I had to work for it, I would have no problem with that,” he said of his role with the team. “But knowing the guys, and they know me. Getting a relationship with the guys that I have now, I think they know what kind of guy and what kind of player I am. I put the numbers up and they know when I get in football season I’m football John.”last_img read more

Ted Hall The football World Cup from Brazil is the

first_imgTed HallThe football World Cup from Brazil is the most accessible in the tournament’s history, according to research group Ovum, which estimates aht coverage of the competition is available on up to 5.9 billion screens globally.According to Ovum, PCs, tablets and smartphones now account for the majority of screens on which the World Cup is available, totalling 57% of all screens. However, larger screens will account for the majority of viewing of the tournament.“Devices capable of streaming live and on-demand video – of which there now 4.7 billion – are providing additional viewing opportunities outside the appointment viewing taking place in people’s living rooms,” said Ted Hall, senior analyst at Ovum. “With the likes of tablets providing the convenience and flexibility to consume content whenever and wherever, fans are able to watch more of the tournament than ever before.”Despite the widespread availability of the content, Ovum said that significant innovation around the tournament is lacking, with FIFA abandoning its support for 3DTV.last_img read more

Telekom Austria said that TV and broadband growth

first_imgTelekom Austria said that TV and broadband growth partly compensated for continued losses in fixed-line voice in the third quarter.In Austria, the company’s A1 TV service had 263,000 customers at the end of the quarter, up 7.9%. However, TV and broadband revenue failed to completely arrest a decline in fixed line ARPU.In Bulgaria, where the company recently acquired cable operator Blizoo – which has yet to be consolidated – TV subscribers from its existing Mobiltel unit numbered 124,100, up 53.8% following the launch of a satellite offering at the end of last year. Croatian unit Vipnet recorded 187,200 TV customers at the end of September, up 14.6%.Telekom Austria posted revenues of €1.012 billion for the quarter, down 3.5%. Like-for-like EBITDA was €386.4 million, down 6.8%.last_img read more

FIREFIGHTERS believe a blaze at a derelict youth c

first_img FIREFIGHTERS believe a blaze at a derelict youth club in Derry’s Creggan estate on Saturday night was started deliberately.The fire engulfed St Mary’s Youth Club on Fanad Drive in the city.Local residents had been asked to keep their windows closed as firefighters tackled the fire.Commenting on the arson attack, local Sinn Féin Councillor Kevin Campbell said: “I have been raising concerns about this site since the demolition started.“I have put out a number of public appeals for parents to ensure that children were kept away from it and called for additional security.”Council colleague Sharon Duddy added: “I would plead with parents to speak to their children about the safety around building sites. “This could have led to tragic circumstances and local residents have to put up with this disturbance.”Arson probe over blaze at St Mary’s Youth Club in Derry was last modified: March 18th, 2019 by John2John2 Tags: ShareTweet Arson probe over blaze at St Mary’s Youth Club in DerryCOUNCILLOR KEVIN CAMPBELLCRegganFANAD DRIVEFIRE AND RESCUE SERVICESinn Feinlast_img read more

In This Issue Yellens Friday words still dom

first_imgIn This Issue. * Yellen’s Friday words still dominating currencies & metals. * Yen falls another whole figure. * Singapore 1st QTR GDP is strong! * Doesn’t anyone see what I see? And Now. Today’s A Pfennig For Your Thoughts. The CBR Sends The Ruble To The Woodshed. Good day..  And a Wonderful Wednesday to you! Well, those dangerous storms continue in the South. Last night, I sent a text to my younger sister, who lives with my other younger sister, just outside of Houston, to check and make sure they were safe. Not that I know what I would have done if she said they weren’t safe, but, I felt I needed to do that, being their older brother. It’s been quite the storm filled spring here in the U.S., eh?  Usually, our area is right smack dab in the middle of that stuff, but not this year, as the jet stream has dropped to the south. But not today, it appears the nasty stuff is headed straight up Highway 44 to St. Louis, the normal route for spring storms. UGH!   The official start to Spring doesn’t come until the middle of next month, although the thought that summer began with Memorial Day, usually registers more with people.. June is going to be quite interesting for the Eurozone, the euro, and Greece, as Greece is scheduled to make loan payments to the IMF on June 5th, 12th, 16th and 19th. WOW! I’m not sure what Greece can do about all this, except to accept the austerity measures and secure the loans, or, just walk away, default, and cause chaos. I’ve written about how if I were the Eurozone leaders I would just say, “here it is, take it or leave it”, and if Greece decided to leave it, then so be it. For, to me, they are the slowest Buffalo. And to make the herd faster you must allow the slowest Buffalo to be killed.   Hey! In all seriousness, I learned the slowest Buffalo theory from Cliff Clavin! So there! The dollar rally seems to have been a little overdone, and the green/peachback is generally weaker this morning. The Japanese yen seems to be really slipping and sliding along the slippery slope these past couple of days. Yesterday, I told you how the yen had slipped from 121 to 122, well today it’s 123. It’s not the same old names, but the same of titles of officials that are talking about, “how excessive FX moves are not warranted” and stuff like that. But, they have no one to blame but themselves for these sweeping moves taking place with yen, as it’s these same leaders that have gone about adding stimulus and generally attempting to get yen weaker to promote economic growth. It’s a classic case of being careful of what you wish for, as you may get your wish! The euro has regained some lost ground, but it has been trading all over the place lately with no general direction carved out. Some might say that the 3-cent drop in the euro from Friday morning to Tuesday morning, as a clear direction downward, but I would stop them and say that the euro has bounced twice now after falling below 1.09, so be careful here. The Eurozone/ Greek talks will begin again today. I don’t hold out a lot of hope here today. In the U.K. today, the Queen will speak and set out the government’s policy for the parliamentary sessions. The markets will be looking for any sign that the Queen is behind this latest move by parliament to leave the European Union. They call this a Brexit.   So, now we’ve made up two words: Grexit, and Brexit. The British pound has enough to worry about, with the lack of economic growth, falling inflation and no rate hikes as promised, but apparently you can now count this little ditty. The Bank of Canada (BOC) meets today, and will make a rate decision. I don’t believe that the BOC will do anything drastic with rates. The economic performance of Canada has been a mixed bag-o-results, and with that going on, there’s no reason for the BOC to move rates in either direction. Although I would think that BOC Gov. Poloz would love to cut rates so he can join his fellow Central Bankers around the world. Shoot Rudy, if he doesn’t cut rates like the rest of the clan, what on earth would they talk about at the next cocktail party? I had a dear reader send me a note yesterday, telling me that all these moves by Central Bankers reminded him of the great Albert Einstein quote, which I now believe is my fave quote!  Einstein said, “The difference between intelligence and stupidity is that intelligence is limited”.   I think that sometimes that quote applies to me. I was such a dolt yesterday about something so mundane, but a dolt nonetheless, so, see, the dear reader believes that quote reminds him of Central Bankers, and I think it reminds me of me! HA! Well, one of the best performing currencies year to date, the Russian ruble, appears to have met its match with regards to appreciation, as the Central Bank of Russia (CBR) is gaining traction with their desire to weaken the ruble, as they feel that the ruble’s move has been too far, too fast. I think otherwise, but then I’m no Central Banker.  The chartists are now piling on the ruble, talking about how the ruble has traded through its 200-day moving avg. (DMA) and it could be the start of a bearish trend in the ruble that could take it from the current level 51.50 to 56. For the record, the CBR has cut rates, as if that wasn’t expected given the CBR boosted rates to 17% to defend the ruble last year, and the CBR has apparently intervened, selling rubles in the market to weaken it.   Longtime readers know how much I dislike Central Banks sticking their hands in the currency cookie jar, so not that long ago I smiled when thinking of the ruble, and now my smile has turned upside down, because of the CBR’s actions. UGH!  Can I get a bone thrown to me here? The Chinese renminbi / yuan was pushed weaker overnight by the Peoples Bank of China (PBOC). I’m somewhat surprised by that move, given the news last night from the SWIFT payments people that the renminbi / yuan has become Asia’s most-active currency for payments in China and Hong Kong. Get this. The renminbi / yuan accounts for 31% of the region’s payments, up from 7% in April of 2012..   Now, most people don’t see this as BIG News. But I do. just like yesterday, when I told you about the SGE Gold Fund, no one else talked about it, because they didn’t see it for what it was, another brick in the wall of removing dollar relevancy. And this news? Well, here’s how I look at it, folks. China needs a wider distribution of their currency, and to get that, they need dealers to begin to make markets in the currency, and they also need for importers and exporters to begin to make payments using the renminbi / yuan so the distribution begins to spread out. So, for now it’s Asia that China has cornered the payments, and next it will be what region? Oh, there will be another region, and then another region. Because that’s what China wants. You know, there are tons of articles and reports out there that talk about deflation, and how Central Banks are fighting deflation, and would rather see “controlled inflation” as if that’s really a thing to strive for.  But no one ever talks about where the deflation came from?  Well, let’s take a quick look at the poster child for deflation. Japan. then switch over the U.S. and then to the Eurozone, and the U.K.  what do all of these countries have in common. Large Debts.. That’s what. So guess where deflation comes from in my mind? The deflation comes from the rise in the cost of government in addition to the collapse in leverage. As governments with power turn to extracting more from the people rather than weak government.  Well, there’s no sign of deflation at Disney World. Yesterday’s Five Minute Forecast (The 5)  talked about this, and it caught my eye, so I’ll borrow some of their stuff here.   No worries, I’ll give it back to them when I’m finished! HA!   So, Disney just announced that tickets for Disney World in Florida had increased to “just $100”.    That’s a far cry from what tickets cost in 1971, when it opened.. $3.50.   So, the increase of ticket prices by decade has gone like this. 1971 $3.50, 1981 $9.50, 1991 $33.00, 2001 $48.00, 2011 $85.00 and 2015 $105.     YIKES! Talk about inelastic demand!     So, here are my thoughts on this. The fact that still have families heading to Disney World, when everything around them hurts, like Retail Sales, 6,000 Retail Stores to close this year, and gas sales not being the ka-bang to the economy that everyone thought, tells me a lot. It tells me that it’s like a one last time. You know a star shines the brightest right before it burns out, thing. Well, Gold is down again today, and has now fallen below the $1,190 figure. losing touch with $1,200 as the days go by.  I told you yesterday how Fed Chair, Janet Yellen’s speech on Friday afternoon had really deep sixed Gold, by renewing the thought that a rate hike could happen in June into the minds of traders. You know, I told you yesterday, what my thoughts were on what she said. in case you missed it, you should go to the Pfennig’s website, and you can find it in the archives. just click here: www.dailypfennig.com     On a sidebar, I love the Pfennig’s website, because it gives readers the chance to go back in the archives and check out something I said in a previous Pfennig. You know, how I always say, stuff like, “I told you the other day that. “?   Well, this way you can makes certain that I did say what I said I said. And on Fridays I always post a picture of me just to remind you that I’m somewhat short, overweight, and balding, you know like the grandfather of 3 grand kids, and someone that you would want to have dinner with! HAHAHAHAHA!  Singapore printed some good economic growth data yesterday.  Sing 1st QTR GDP was given a final upward revision to 3.2% VS the advance estimate of 1.1%… Now that’s what I call a good upward revision!  So, VS the previous quarter, the Sing economy grew 3.2%, and on an annual basis, the Sing economy grew 2.6%…  And the outlook for the rest of 2015, is for an even modestly stronger growth.  So, how is Singapore growing so strongly, when the rest of the region, and the world for that matter, isn’t?  It’s called having the key ingredients being the right mix.  Pharmaceuticals, electronics, and services. Things people all over the world need and want. Have you ever heard Otis Redding’s version of the song; Try a little tenderness?  Shoot 3-Dog Night did the song, the Commitments, and probably countless others, but Otis Redding’s version will get to you.   So. the U.S. Data Cupboard yesterday, did print, as I said it would, a negative Durable Goods Orders for April, printing -0.5%… so, the first month of the 2nd QTR continues to prints some very weak data. Capital Goods Orders though rose 1%, to offset March’s -0.5% print. The S&P/ CaseShiller Home Price Index rose in March by 1.3%… Again, this housing stuff is getting overdone in my opinion, for this is nothing that looks like a long term move, but more like a blue light special sale that consumers don’t feel will be there much longer, so they have to buy now, kind of thing. And the Consumer Confidence Index rose from 94.3 to 95.4. But it’s important to look that last month’s original print was 95.2 but was revised downward to 94.3. I’ll bet a dollar to a Krispy Kreme that this print of 95.4 will get revised downward next month too. Maybe I’ll remember to talk about that next month!   But then next month is not promised to me, only today is. Today’s Data Cupboard gets a breather before heading into our Tub Thumpin’ Thursday menu. So back to no data equals no bad data for the U.S. (except housing and fabricated jobs)  So, get your rest now while you can, because we’ll head into the end of the week, and when we come back next Monday it will be June, and the data will come rolling in day after day!  To recap. The dollar’s mighty rally appears to be somewhat squelched by those traders that think the rally was overdone. The euro has regained some ground this morning, but it has really bounced around a lot lately, so watch for that.  Japanese yen has lost 3 full figures since last week, now trading to 123. Japanese leaders were vocal last night about “watching excessive moves in FX” same old rhetoric, different names, same titles.   The calls for an exit of the European Union, by the U.K. are becoming quite strong, and the Brexit as it’s called will begin to be headline news soon. Singapore posted a strong 1st QTR GDP, so what gives with Singapore being able to have economic growth when the rest of the region is struggling?  And Gold gets another day on the selling blocks, what is going on here, don’t people/ traders see the SGE Gold fund like Chuck does? Apparently not! For What It’s Worth.  Well, I found this on the Telegraph.co.uk website, because I’m always drawn to articles about debt, just like a bug to the neon light!   So, it’s not an upbeat article, it’s about debt, but I’ll try to break it to you softly. HA!   Here is the link to the whole article: http://www.telegraph.co.uk/finance/economics/11625406/The-world-is-drowning-in-debt-warns-Goldman-Sachs.html   And as usual, here are a couple of snippets for those of you, needing to get to the Big Finish quickly today! “The world is sinking under too much debt and an ageing global population means countries’ debt piles are in danger of growing out of control, the European chief executive of Goldman Sachs Asset Management has warned. Andrew Wilson, head of Europe, Middle East and Africa (EMEA), said growing debt piles around the world posed one of the biggest threats to the global economy. “There is too much debt and this represents a risk to economies. Consequently, there is a clear need to generate growth to work that debt off but, as demographics change, new ways of thinking at a policy level are required to do this,” he said. The demographics in most major economies – including the US, in Europe and Japan – are a major issue – and present us with the question of how we are going to pay down the huge debt burden. With life expectancy increasing rapidly, we no longer have the young, working populations required to sustain a debt-driven economic model in the same way as we’ve managed to do in the past.” Chuck again. So.. I’ve beaten this debt thing to a pulp over the years, but there are still economists, observers, traders, etc. that don’t think it’s that Big a thing. Well, remember what I told you above about where I believe deflation comes from. And then tie it back to this article about the debt of the developed nations. of which they all have deflation. Hmmm As we head to the currency roundup the euro has done like I feared it would this morning, giving back its gains in the two + hours I’ve been here. UGH! Currencies today 5/27/15. American Style: A$.7710, kiwi .7225, C$ .8025, euro 1.0860, sterling 1.5370, Swiss $1.0515, . European Style: rand 12.1315, krone 7.7535, SEK 8.5290, forint 284.45, zloty 3.8045, koruna 25.2255, RUB 51.81, yen 123.75, sing 1.3525, HKD 7.7530, INR 64.02, China 6.1198, pesos 15.34, BRL 3.1530, Dollar Index 97.41, Oil $58.73, 10-year 2.15%, Silver $16.66, Platinum $1,123.19, Palladium $781.82, and Gold. $1,186.48 That’s it for today. Well, after the storms came through yesterday morning, it turned out to be a very nice day. Sunshine and warmth.. But days of rain off and on are the forecast for this week.  Cards bats come alive last night, and they were needed! WHEW!  So, have you even heard about our NFL team, the Rams, and the owner that wants to move the franchise to L.A.? I try not to get into this much, because it just makes me very angry. Sure it’s his “company” he bought it, but doesn’t it also belong to the city that supports it?   Oh well, Que Sera, sera. Whatever will be will be, the future’s not ours to see, Que, sera, sera. How many of you remember, Doris Day singing that song? I know I do.   Marshal Tucker’s song: 24 Hours is playing on the iPod right now. I always found that this song, and the song by Missouri, Movin’ On, were the best driving songs, well especially if you had a care free frame of mind.  Well, did you see that the U.S. is going after FIFA for corruption? WOW!  I would say something snarky here if I had a care free frame of mind, but I think I’ll just keep that comment to myself!  So, let’s go make this a Wonderful Wednesday! Chuck Butler Managing Director EverBank Global Marketslast_img read more

Recommended Links

first_img Recommended Links Louis James Senior Investment Strategist Casey Research Editor’s note: This year alone, Louis has found 12 different stocks that have already doubled, using “The Casey Method.” This is the highly successful method Doug has personally used to make millions of dollars in gold stocks. And now, for the first time ever, he is sharing his method with you so that you can start making huge gains in what he believes will be the biggest gold mania we’ve ever seen. Put simply, this method works. Doug’s used it to make massive profits during every gold bull market in the last 40 years. During periods of rising gold prices, he’s used it to book gains of 487%, 711%, and even 4,329% in gold stocks. You can learn more about this incredible opportunity by watching this FREE video presentation. The “Casey Method” for buying gold stocks A remarkable way to buy gold stocks for as little as pennies and sell them within a year or two for 400% gains… from a man who’s made millions of dollars in his career as a gold speculator. Click here for full details. As the great Canadian philosopher Wayne Gretzky said: “I skate to where the puck is going to be, not where it has been.” And the point of this is that smart people thinking about investing in gold and silver today are asking themselves the same questions I was asking myself in 2006. Gold has risen 31.4% from its low of $1,053 per ounce late last year to its recent high of $1,384. Silver’s been up as much as 54.1%. “Is it too late?” My answer is no. I understand that it’s hard to put money into stocks that have risen sharply in recent months. Many of our stocks are up more than 100%, 200%, and even 400% since their low at the beginning of this year. But that’s got more to do with how oversold they were than what is likely to happen next. In seeking to skate to where the puck is going to be, we look for value to be added ahead. It’s just as when I made the call on Fortuna back in 2006. All of the companies I currently recommend buying in the International Speculator have huge value to add. This is true even if the price of gold does not continue rising. It’s true even if precious metals retreat towards recent lows. Actually, if gold and silver did correct sharply before heading higher again, that would be the best thing in the world for those just getting into related stocks. It would create great buying opportunities. At this point, this may actually be likely. You want to be ready to take advantage of it. I’m excited about the work I’m doing now. It’s not enough to have a portfolio of winners in hand. I’m traveling more than I have in years, scouring the world for new opportunities. I knew this day would come during the down years. Now that it’s here, I’m having a ball putting all I’ve learned from Doug and many of the best geologists in the world to work on my readers’ behalf. I may wear out another pair of boots, but it will be worth it. I think we’re all about to make a pile of money. I realize that I’m singing my own praises here, but what I’ve just said is true. And if you’re not already an International Speculator subscriber, I hope you’ll join me for the adventure ahead. I believe you will be very glad you did. Sincerely, Editor’s note: Yesterday, we told you that there are huge money-making opportunities in the gold market that are staring us in the face right now. Casey Research founder Doug Casey says gold stocks are in the early stages of a “true mania”…and that there’s never been a better time to own them. Senior Investment Strategist and International Speculator editor Louis James agrees. And in today’s special Dispatch, he explains why it’s not too late to get in on this boom right now… Dear Reader, Deep under a mountain, but so high up in the Andes that I could barely breathe, I found one of the best money-making opportunities I’ve seen in my entire career. I was in an old mine tunnel. The ore was massive sulfides of lead and zinc, with high grades of silver. These sulfides sparkle brightly in your miner’s lamp, like chandeliers. Usually, you see a narrow vein with a little of this stuff sprinkled in it. You look up to see it in the ceiling of the tunnel, or slashing a wall. Not this time. The entire tunnel—a good four meters wide by four meters tall—was blasted through a zone of massive sulfides so thick, it all sparkled in my lamp. The walls, the ceiling, the floor, everything. It was like walking through a field of stars. On the old mine posts, I could see the assay numbers left behind by the old-timers: 9% lead-zinc, 12%, 15%—with hundreds of grams per tonne of silver. The rock had more than $500 in contained metals in some places. I asked the mine geologist (who was my guide) how anyone could leave so much value behind. He told me that the old-timers were only interested in the highest-grade core of the deposit, which ran to more than a kilo of silver per tonne. The speculation was that not only could these high-grade (by modern standards) remnants be mined, but that more bonanza-grade silver and gold could be found as well. That potential was made very real to me when we returned to the surface. I could see that the rock alteration visible on the mountain above the vein was repeated up and down the valley, showing the location of other veins. Many had been worked in colonial times—the mine has a history that goes back more than 400 years—but there were plenty more to explore. The vein is called Animas. It’s part of the Caylloma mine camp in Peru. The company is called Fortuna Silver Mines (FSM, FVI.TO). At the time, it was an exploration company that had just bought the mine with its 7.0 million ounces of silver in historic mine reserves for $7.55 million. Experts were skeptical that a little explorer like Fortuna had what it took to put Callyoma back into production and make money. This was back in January of 2006. I could see plain as day that the mine was a cash cow just waiting to be given the attention it deserved, surrounded by enormous blue sky potential. I wrote a report saying so while still in the field, and Casey Research founder Doug Casey recommended the stock at C$1.15 in an investment alert on January 27. Now, here’s the thing: the stock had been trading for less than C$0.20 for years. At C$1.15, it was already up more than 500% for those in before it became obvious that the gold and silver bull market underway was real. So, I had to ask myself: was I too late? What if we put a “Buy” on the stock only to provide exit liquidity for the early birds? What if Fortuna fell on its face in the transition from exploration to production? That’s actually a very common outcome. What if we were being the new “stupid” money, chasing after a stock that had already risen to ridiculous levels? If I had let such fears stop me, we would have missed out on what happened next. Fortuna doubled within two months. We were able to take profits on March 29, 2006, at C$2.38. The stock came within kissing distance of C$7 in 2011. It gave much of that up in the multi-year bear market that followed. But just last week, it hit an intra-day high of C$12.73 (August 2, 2016). That’s more than 10 times the price of our initial recommendation—and the company is still adding new value today. Ten-baggers are no myth. The point of this story is not to brag. In fact, there were many ups and downs, we took profits along the way, and we were in and out of the stock. So our official gain on this pick is not 1,000%, even though this was possible. (And just imagine if we’d been in at 20 cents!) The point is that back in 2006, when I was asking myself if I was being stupid for recommending a stock that was already up 500%, I chose to drive forward looking ahead, not in the rear-view mirror. This is critical. If I had let how much the stock had already risen paralyze me, we would have missed out. Instead, I made the decision based on the huge value the company was clearly set to deliver. We took the plunge.center_img – One man’s secret to making $960,000/year He doesn’t hold a regular job… hates ordinary stocks… and spends most of his free time in the park. But he generates all the cash he needs with a simple approach he’s sharing here. —last_img read more

Bitcoin is taking speculators for a ride Bitcoi

first_imgBitcoin is taking speculators for a ride. Bitcoin is a digital currency that was created in 2009. Unlike paper currencies, Bitcoin isn’t controlled by a government or central bank—it’s governed by a peer-to-peer network. In the beginning, few people took Bitcoin seriously. But it’s become very popular with investors in recent years. That’s partly because more and more people are losing faith in the paper money system. The business community is also embracing the digital currency like never before. More than 100,000 businesses around the world, including Amazon, eBay, and Target, now accept bitcoins as payment. • In 2015, Bitcoin’s price surged 40%… It was the year’s top-performing currency. Last year, Bitcoin surged another 120%. It was the year’s best-performing currency once again. Until recently, it looked like the digital currency was headed for a three-peat. • Bitcoin’s price surged 20% over the first four days of 2017… Last week, it topped $1,000 for the first time since 2013. And it got within $13 of its all-time high.  Frantic buying by the Chinese fueled the recent rally. Yahoo! Finance reported last Thursday: The yuan fell 6% against the US dollar in the past year, hitting its lowest point since 2008. China’s foreign exchange reserves are expected to keep shrinking in 2017. It’s clear that as a result, many Chinese investors have turned to bitcoin: trading activity of bitcoin in the yuan is up more than 60% in the past 30 days, according to bitcoinity charts. More than 90% of all bitcoin activity globally, in fact, is coming from China. In other words, Chinese folks loaded up on bitcoins because they’re worried about the money in their wallet losing value. They’re not alone, either. • Venezuela’s currency, the bolívar, is in free fall… According to CNNMoney, it lost 55% of its value in November. Today, prices for everyday goods and services in Venezuela are more than doubling every month. Storekeepers in the country are now weighing out piles of cash rather than counting the money. In India, locals are worried that there could be a national bank run. That’s when everyone tries to pull money out of the banking system at once. Not to mention that central banks in Europe and Japan are still trying to stimulate their economies through easy-money monetary policies. As we’ve explained many times, these radical measures could end up destroying the very currencies these central banks are supposed to protect. • In short, people have plenty of reasons to be worried about the money in their wallet… That’s why the price of Bitcoin shot through the roof recently. But many of these folks had no clue how volatile this digital currency could be. • The price of Bitcoin plunged by more than 20% last Thursday… The People’s Bank of China (PBOC) sparked the crash after it told investors to be wary of digital currencies. Yesterday, Bitcoin plunged another 13%. The PBOC, once again, ignited the selloff. Reuters reported yesterday: The price of digital currency bitcoin slid around $50 on Wednesday after China’s central bank said it had launched spot investigations on bitcoin exchanges in Beijing and Shanghai in order to fend off market risks. The investigation of bitcoin exchanges, including BTCC, Huobi and OKCoin, was to look into possible market manipulation, money laundering, unauthorized financing and other issues, according to the statements posted on the People’s Bank of China’s website. • Today, Bitcoin is down another 5%… It’s now lost more than a quarter of its value over the past week. That’s a staggering decline. Remember, bitcoin is supposedly a currency. But currencies should never be this volatile. This tells us that Bitcoin isn’t money yet. It’s still a speculation vehicle. If you know what you’re doing, you could make a fortune trading Bitcoin. But if you don’t, you could lose a lot of money very quickly. That said, we still think Bitcoin is a step in the right direction. After all, anything is better than money controlled by reckless and increasingly desperate governments. But Bitcoin and other digital currencies like it have a long way to go before we’re ready to call them “money.” • Gold, on the other hand, is a proven form of money… People have bought and sold goods and services with it for thousands of years. It’s survived every sort of financial crisis. And it’s outlasted countless paper currencies. Plus, gold’s value is stable. It’s not going to plunge 25% or more over the course of a few days. There also isn’t a central authority in the world that controls gold’s price or its supply. It’s a truly global currency. That’s why gold is still the best way to protect yourself from reckless governments and central banks. – Recommended Links • The price of gold has spiked 5% since the start of the year… It’s now trading above $1,200 an ounce for the first time since November. But we think it could be headed much higher. Remember, central banks around the world are losing their grip on their currencies. If this keeps up, more and more people are going to seek out alternative currencies. Many of them will take shelter in gold, the world’s most trusted safe-haven asset. If you’ve been meaning to buy physical gold, we encourage you to first watch this new interview with Casey Research founder Doug Casey. As you’ll see, the U.S. government is working on a secret project right now that could radically transform America’s monetary system. According to Doug, this could be the worst thing to happen to the U.S. dollar since the end of the gold standard. Click here to see why. Chart of the Day Beware of leveraged exchanged-traded funds (ETFs). Leveraged ETFs allow traders to amplify returns through—you guessed it—leverage. There are leveraged funds that track the price of oil, the U.S dollar, and even gold stocks. Some of these funds offer 2x leverage. In other words, they’ll rise 2% when the underlying asset they track rises 1%. Other funds are leveraged 3-to-1, or 3x. Due to their high risk and construction, most traders don’t hold these kinds of funds longer than a few days. But, even then, they can still be incredibly risky. To help you understand why, we put together the following chart. It compares the weekly performance of an unleveraged ETF (1x) with a leveraged one (3x). Let’s pretend that both funds track the same basket of gold stocks. On Monday, both funds close the trading day at a share price of $100. On Tuesday, the basket of gold stocks jumps 10% in value. On Wednesday, it falls 10%. On Thursday, it rebounds 10% before falling 10% again on Friday. At the end of the week, the unleveraged fund is worth $98. The leveraged fund, meanwhile, has fallen to $83. In other words, it lost almost nine times as much as the unleveraged fund. It’s important that you remember this. You see, many investors buy leveraged funds hoping to get rich quick. But few realize how quickly losses can pile up. If you want to boost your returns, we encourage you to avoid leveraged funds. You’re much better off investing in world-class companies that, for one reason or another, are trading at deep bargains. This is a much less risky way to generate big returns.   —center_img Imminent March Announcement to Unleash $3 TRILLION Of Wealth You won’t hear about it from the media. But a major global organization is preparing to make a critical announcement this March. One that could ignite a $3 TRILLION buying spree… and shake markets to their core. There’s one simple move to take if you want to be on the winning side of this wealth transfer. Click here for the full story. EXPIRES MIDNIGHT TOMORROW: WANTED: 1,000 Men and Women To Join Chris Mayer In The Most Ambitious Project Of His Career This is an entirely new Bonner & Partners project, with an ambitious goal to teach you how to find stocks with the potential to become the biggest stock market winners of tomorrow. Success is not guaranteed. We could fail completely. But if it all works out the way former banker Chris Mayer intends it to, just one idea could fund your whole retirement. If you have the courage to learn more, click here for the full details of my new project. Regards, Justin Spittler Delray Beach, Florida January 12, 2017 We want to hear from you. If you have a question or comment, please send it to feedback@caseyresearch.com. We read every email that comes in, and we’ll publish comments, questions, and answers that we think other readers will find useful.last_img read more

The headlines about presidential candidate Joe Bid

first_imgThe headlines about presidential candidate Joe Biden’s new health care plan called it “a nod to the past” and “Affordable Care Act 2.0.” That mostly refers to the fact that the former vice president has specifically repudiated many of his Democratic rivals’ calls for a “Medicare for All” system, and instead sought to build his plan on the ACA’s framework.Sen. Bernie Sanders, one of Biden’s opponents in the primary race and the key proponent of the Medicare for All option, has criticized Biden’s proposal, complaining that it is just “tinkering around the edges” of a broken health care system.Still, the proposal put forward by Biden earlier this week is much more ambitious than Obamacare – and despite its incremental label, would make some very controversial changes.”I would call it radically incremental,” says Chris Jennings, a political health strategist who worked for Presidents Bill Clinton and Barack Obama and who has consulted with several of the current Democratic candidates.Republicans who object to other candidates’ Medicare for All plans find Biden’s alternative just as displeasing.”No matter how much Biden wants to draw distinctions between his proposals and single-payer, his plan looks suspiciously like “SandersCare Lite,” writes former congressional aide and conservative commentator Chris Jacobs in a column for The Federalist.Biden’s plan is built on the idea of expanding the ACA to reduce costs for patients and consumers — similar to what Hillary Clinton campaigned on in 2016. It would do things Democrats have called for repeatedly since the ACA was passed. Among Biden’s proposals is a provision that would “uncap” federal help to pay for health insurance premiums — assistance now available only to those with incomes that are 400% of the poverty level, or about $50,000 for an individual.Under Biden’s plan, no one would be required to pay more than 8.5 percent of their income toward health insurance premiums.But it includes several proposals that Congress has failed repeatedly to enact, including some that were part of the original debate over the ACA. Plus, Biden’s plan has some initiatives that are so expansive, it is hard to imagine them passing Congress — even if Democrats sweep the presidency and both houses of Congress in 2020.Here are some of the more controversial pieces of the Biden health plan:Public optionAlthough many of the Democratic presidential candidates have expressed varying degrees of support for a Medicare for All plan, nearly all have also endorsed creating a government-sponsored health plan, known colloquially as a “public option,” that would be available to people who buy their own health insurance. That eligible group would include anyone who doesn’t get insurance through their job or who doesn’t qualify for other government programs, like Medicare or Medicaid.A public option was included in the version of the ACA that passed the House in 2009. But its proponents could not muster the 60 votes needed to pass that option in the Senate over GOP objections — even though the Democrats had 60 votes at the time.Biden’s public option, however, would be available to many more people than the 20 million or so who are now in the individual insurance market. According to the document put out by the campaign, this public option also would be available to those who don’t like or can’t afford their employer insurance, and to small businesses.Most controversial, though, is that the 2.5 million people currently ineligible for either Medicaid or private insurance subsidies because their states have chosen not to expand Medicaid would be automatically enrolled in Biden’s public option, at no cost to them or the states where they live. Also included automatically in the public option would be another 2 million people with low incomes who currently are eligible for ACA coverage subsidies – and who would also be eligible for expanded Medicaid.That part of Biden’s proposal has prompted charges that the 14 states that have so far chosen not to expand Medicaid would save money, compared with those that have already expanded the program, because expansion states have to pay 10% of the cost of that new population.Jennings, the Democratic health strategist, argues that extra charge to states that previously expanded Medicaid would be unavoidable under Biden’s plan, because people with low incomes in states that haven’t expanded Medicaid need coverage most. “If you’re not going to have everyone get a plan right away, you need to make sure those who are most vulnerable do,” Jennings says.AbortionThe Biden plan calls for eliminating the “Hyde Amendment,” an annual rider to the spending bill for the Department of Health and Human Services that forbids the use of federal funds to pay for most abortions. Biden recently ran into some difficulty when his position on the Hyde ammendment was unclear.Beyond that, Biden’s plan also directly calls for the federal government to fund some abortions. “[T]he public option will cover contraception and a woman’s constitutional right to choose,” his plan says.In 2010, the Affordable Care Act very nearly failed to become law after an intraparty fight between Democrats who supported and opposed federal funding for abortions. Abortion opponents wanted firm guarantees in permanent law that no federal funds would ever be used for abortion; abortion-rights supporters called that a deal breaker. Eventually a shaky compromise was reached.And while it is true that there are now far fewer Democrats in Congress who oppose abortion than there were in 2010, the idea of even a Democratic-controlled Congress voting for federal abortion funding seems far-fetched. The current Democratic-led House has declined even to include a repeal of the Hyde Amendment in this year’s HHS spending bill, because it could not get through the GOP-controlled Senate or get signed by President Trump.Undocumented immigrantsWhen Obama said in a speech to Congress in September 2009 that people not in the U.S. legally would be ineligible for federal help with their purchase of health insurance under the ACA, it prompted the infamous “You lie!” shout from Rep. Joe Wilson, R-S.C..Today, all the Democratic candidates say they would provide coverage to undocumented residents. There is no mention of them specifically in the plan posted on Biden’s website, although a Biden campaign official told Politico this week that people in the U.S. who are undocumented would be able to purchase plans on the health insurance exchanges, but would not qualify for subsidies.Still, in his speech unveiling the plan at an AARP-sponsored candidate forum in Iowa, Biden did not address this issue of immigrants’ health care. He said only that his plan would expand funding for community health centers, which serve patients regardless of their ability to pay or their immigration status, and that people in the U.S. without legal authority would be able to obtain coverage in emergencies. That is already law.Copyright 2019 Kaiser Health News. To see more, visit Kaiser Health News.last_img read more

Alex Rodriguez Said That This Is the Best Advice His Mentor Warren

first_img 2 min read Next Article Add to Queue Bob Bryan Warren Buffett Learn how to successfully navigate family business dynamics and build businesses that excel. Alex Rodriguez, the former Major League Baseball All-star, said he owes a few debts to legendary investor Warren Buffett in a new Vanity Fair profile.According to a new piece on Rodriguez and Jennifer Lopez, the former player and current baseball broadcaster not only owes Buffett a bit of a financial thank you, but also a thank you for some life advice.Rodriguez and the man known as the “Oracle of Omaha” first met, according to Vanity Fair, when Buffett’s Berkshire Hathaway underwrote disability insurance for a 10-year, $252 million contract between the Texas Rangers and Rodriguez.The men struck up a friendship after Rodriguez sent the legendary investor a note thanking him for underwriting the deal. According to Vanity Fair, Buffett has been a “mentor” for Rodriguez and offered him both financial and personal advice.Buffett told Vanity Fair’s Bethany McLean that Rodriguez has a “money mind” and knows how to handle business “instinctively.””A-Rod would have done very well in business if he had never seen a baseball,” Buffett said.Rodriguez said that Buffett gave him a few pieces of advice that have stuck with him. On the business side, A-Rod said that Buffett taught him to never personally guarantee any debt and to never hold too much cash, but rather put “your money in great businesses.”On the personal side, Rodriguez said that the investor’s advice was even more simple.”Warren said, ‘Go ahead, but you won’t need it. Number one: Be the best baseball player you can be. Number two: Always be a gentleman. Be the best guy you can be’,” Rodriguez told Vanity Fair. “That was simple, but it was so genius.”Read the full profile at Vanity Fair. Image credit: Kent Sievers | Shutterstock.com Alex Rodriguez Said That This Is the Best Advice His ‘Mentor’ Warren Buffett Ever Gave Him According to a recent interview, the former player and current baseball broadcaster owes Buffett a bit of a thank you. –shares This story originally appeared on Business Insider November 1, 2017 Reporter Free Webinar | July 31: Secrets to Running a Successful Family Business Warren Buffett Register Now »last_img read more

New Vibes Everywhere Commerce Makes Brands Smarter

first_imgNew Vibes Everywhere Commerce Makes Brands Smarter PRNewswireMay 2, 2019, 8:22 pmMay 2, 2019 Marketing Technologymobile marketingmobile-first e-commerce solutionNewspersonalizationVibesVibes Everywhere Commerce Previous ArticleAllbridge Redefines In-Room Entertainment with Interactive IPTV SolutionNext ArticlePegasystems Named a Visionary in Gartner’s Magic Quadrant for Multichannel Marketing Hubs for Second Consecutive Year Vibes Everywhere Commerce Will Help Brands Anticipate and Deliver Personalized Shopping Experiences Online and In-StoreVibes, a mobile marketing leader, released Vibes Everywhere Commerce, a mobile-first e-commerce solution for retailers, designed to sharpen brands’ customer intelligence. By connecting online and in-store experiences, Vibes Everywhere Commerce provides marketers with last-touch attribution, enabling marketers to demonstrate campaign ROI, drive conversions by reducing cart abandonment, and optimize their campaigns with real-time feedback loops.“Having this wealth of data in the Vibes Platform makes it much easier to pull vital customer analysis. Consumers are making more value-driven buying decisions, so it’s paramount for our customers to have this depth of personalization,” said Caitlin Lindner, senior marketing manager at Hibbett Sports. “We’re very excited by the ability to see revenue attribution at the mobile user level, which will help inform our future offers and content strategies.”Marketing Technology News: Social Media Censors Game Changing Consumer Privacy ProductVibes Everywhere Commerce allows marketers to gather behavioral data from mobile campaigns, capturing customer interest and converting it into purchases, both online and off. The new offering includes:E-commerce tagging capabilities, giving brands the ability to track what individual customers are shopping for and where they fall out of the journeyTriggered messaging, such as cart-abandonment notifications to drive increased conversionsPush notifications, allowing brands to reach their customers on their preferred channelMobile wallet integration, to streamline the consumer experience for buying online and picking up in-storeDeep analysis of campaign ROI and other conversion-based metricsIncreased customer insight, including post-click engagement data on a per-customer basisMarketing Technology News: Many Retailers Not Getting the Most Out of Their Data, Says New L.E.K. Report“We’re thrilled to offer a data-driven solution that arms marketers with full attribution and funnel analysis so they can better optimize programs and generate higher conversions,” said Sam Benediktson, director of product at Vibes. “Features like e-commerce tagging and triggered messaging are making the digital customer journey personalized and more valuable for consumers. This gives marketers the power to improve the customer experience by anticipating and taking action on what customers want and when they want it.”Marketing Technology News: Edge by Ascential Expands Ecommerce Features to Optimize Digital Shelf Performancelast_img read more

TechBytes with Audelia Boker Global VP Marketing at Glassbox Digital

first_imgAbout Glassbox Digital Glassbox is the only enterprise digital analytics platform to automatically record and index 100% of every visit to your site – on both web and mobile applications.Originally known as Clarisite, Glassbox was founded in 2010 in Israel, the ‘Startup Nation’. Today, less than ten years later, we have headquarters in London and offices in New York City and Tel-Aviv, working with leading enterprise businesses within the Financial, Insurance, Telecoms, Retail and Aviation sectors. TechBytes with Audelia Boker, Global VP Marketing at Glassbox Digital Sudipto GhoshMay 15, 2019, 2:30 pmMay 15, 2019 Tell us about your role and the team/technology you handle at Glassbox Digital.As Global VP Marketing, I’m in charge of all the strategic, marketing and communications initiatives at Glassbox Digital. My team works very closely with key internal departments such as research and development, product, sales and customer success, as well as with external stakeholders such as media, analysts, partners and customers.Glassbox Digital offers customer experience analytics solutions that don’t just tell you what a customer is doing online; they tell you why. Using deep customer behavior analytics, we extend traditional customer experience analytics capabilities to give you powerful and instant automatic insights and all the data you need to optimize your digital customers’ experience across web and mobile apps.How much has the Digital Customer Management landscape evolved in the last two years?Global enterprises across different industries are ultimately abandoning a siloed approach, be it between web and mobile customer experience or between different departments in the organization. They’ve started leveraging the benefits of a single view of their customers by combining data, analytics and insights into an overarching, unitary view, which represents a more sophisticated form of digital customer management. This has allowed them to amplify yet simplify customer experience across all digital platforms, including mobile.How do you see the pace of evolution in Behavioral Analytics further accelerating with adoption of AI, Machine Learning and Computer Vision?Traditional analytical models are no longer viable. The vast and ever-growing amount of data captured obscures the valuable and timely insights contained within, causing business leaders to miss out on solutions to issues and opportunities for growth. Thankfully, this is where AI and machine learning step in. Over time, patterns in user behaviour emerge. Retailers need to be there, ready to capture them and leverage technological advancements that allow for quicker time-to-insights.What is the state of Mobile Customer Experience management technology in Marketing, Sales and Advertising?Mobile customer experience is impacted by a multitude of variables such as the device being used, the network connection, the app version, UI and UX, crashes, etc., and companies too often find themselves either unprepared or overwhelmed by the amount of SDKs they need to install on their app and the many elements they must factor in.In a way, achieving optimal levels of experience and satisfaction on mobile platforms is far more complex than on web, and only in the last 12 months have we started seeing compelling solutions being deployed to help marketing, sales and advertising departments catch up. The real question now is how long it will take global enterprises to embrace such technologies on mobile devices. The outlook is positive.How does Glassbox help to digitize Customer journeys? How are consumer behaviors evolving across online and offline touchpoints?Using digital customer journeys to examine the process is the best way to understand the purchasing decision and adapt the user interface to meet customer needs and accessibility. Since a business can see the entire purchase or non-purchase process, they are able to analyse which pages the customer stayed on, what information was contained therein, and what may have helped to sway them into purchasing a product. They are also able to see if there any anomalies in the web interface and what type of struggles visitors are facing that may be hindering the process, such as dead links or poor manoeuvrability between devices and apps.Glassbox automatically generates real-time maps of customers’ most common journeys, analyses their actions and struggles, and brings enterprises automatic insights in an easy-to-consume way. Glassbox empowers brands to create funnels in a matter of minutes, either by dragging and dropping a specific customer journey from a session replay, or by using free-text. Funnels can be based on any type of criteria and help you understand why people are abandoning a session, at every step of the journey.Which businesses have been the fastest to adopt your technologies?Glassbox finds its stronghold in highly regulated industries such as financial services, travel and telecom, as we are the only digital customer management solution to offer web and mobile real-time insights both on premise and on single-tenant clouds, thus giving global enterprises access to one digital truth. With this premise, it comes as no surprise that the four largest banks in the US (amongst many others globally) along with large carriers and airliners adopt Glassbox faster than tier 2-3 enterprises across other industries.How does Big Data and Customer Data unlock opportunities in the Mobile-driven Retail markets?The days when retailers could rely solely upon proprietary panels, lab experiments, field studies or even loyalty programs to track customer journeys and needs are long gone. The only growing channels are the online channels. The bar has been raised, and any retailer that does not understand or embrace the considerable insights available from digital channels will struggle to survive in the highly competitive e-tail world.With the advent of big data analytics and richer customer data collection, retailers can finally address another side of the revenue picture that tends to get overlooked in the rush to bring in new customers: retaining them, including those multichannel shoppers that online retailers could once only dream of visualizing in a single platform for web and mobile apps.Compared to the Americas, how do you see the markets in EMEA and APAC dealing with the disruptions in Digital Retail landscape?North America is by far the trendsetter region among the three when it comes to disruptions and innovations within the digital retail landscape, as it is in many other fields. American e-tailers fully understand the need for a complete digital customer management solution across web and mobile that allows them to consolidate their proposition not simply from a marketing perspective but also from an IT, legal and customer support one. EMEA is slowly embracing these innovations but the approach between web and mobile is still very much siloed, with retailers struggling to see the bigger pictures. Finally, we have APAC, which holds the greatest potential to catch up with North America and potentially surpass it in the next couple of decades.What are your predictions on the role of AI, Machine Learning and Robotic Process Automation for retail?They are all here to stay, and this is no breaking news. Subjectivity will be reduced to the bone, and choices will be driven by a virtually infinite number of analysed variables — something absolutely unachievable without the use of the most sophisticated technologies. We are approaching very exciting times, in which e-tailers will be able to provide highly personalised services, outstanding levels of customer experience and full consumer protection to their multichannel shoppers.Which new technologies in data-driven Marketing and Sales are you most interested in? How would they impact customer journeys in the near future?The conversational UX trend will continue, and voice command will play a larger role in how customers engage with retailers. We will also see a wider adoption of machine learning applied to analytics in real time. This will all be part of an industry trend towards more holistic digital customer management.The prerequisite to introducing chatbots is for brands to properly map their digital customer journeys. Without a clear understanding of the customer experience, they risk doing real damage by using chatbots, so rather than looking at the impact that this technology will have on journeys, we have to focus on distinctively mapping the customer journey with the most sophisticated digital customer management platforms available.An additional emerging and innovative domain will lead the way in defining the end game in terms of practices for marketing analytics:  Customer Data Platform (CDP) is like CRM for sales but built purely for marketers. It is a very tight “IT + Marketing” environment that focuses on one single view of the customer and real-time, continuous updates. It also relies heavily on AI and predictive analytics.One advice to all MarTech and AIOps professionals looking to build a career in Retail and related industries –Free yourself from any anachronistic approach to retail, no matter if your company is long established or just founded. Fully embrace technology and the latest powerful tools; that’s what you are there to do and the only way you will be able to deliver against your customers’ expectations.Forget once and for all about siloed approaches to customer experience. You must work together with other departments across all digital platforms towards the same objective — customer satisfaction. Do it now, because tomorrow is almost certainly too late. AIanalyticsAudelia Bokercrmcustomer data platformGlassbox Digitalmachine learningTechBytes Previous ArticleTo Continue Successful Partnership, Babel Street Renews Agreement with DarkOwlNext ArticleIBM Releases AI-Powered Anomaly Detection Capabilities to Mitigate Supply Chain Disruptions Audelia is a multi-cultural, seasoned and results oriented executive with over 17 years of experience in B2C and B2B global Marketing. She has proven track record in successfully developing and launching global Go to Market strategies, leading world-class product launches and creating digital campaigns to drive lead generation and exceptional growth. Being a people person, Audelia possess excellent communication and presentation skills to diverse audiences, from senior executives meetings to industry events speaking opportunities. About AudeliaAbout Glassbox DigitalAbout Audelialast_img read more

Eggplant Commissioned Research Finds Business and It Divided on Software Strategy

first_imgImproving the customer experience is the number one goal for organizations when planning and orchestrating their software strategy. However, as far as testing practices are concerned, 47% of development teams on average across businesses are not testing the real user experience.This is according to research released today from Eggplant, the customer experience optimization specialist. The study also highlights a gap between IT and business leaders thinking when it comes to testing strategy.The commissioned study, conducted by Forrester Consulting on behalf of Eggplant, found that almost half (49%) of organizations rated improving the customer experience as their top priority, with ensuring compliance, risk reduction and improve security (47%) and revenue growth (46%) making up the top three. Other organizational objectives included; business process efficiency (46%), winning new customers (45%), gaining competitive advantage (40%) and employee productivity (39%).Marketing Technology News: Calabrio Acquires Teleopti to Create the Global Standard for Customer Experience IntelligenceAs a result of the desire for organizations to achieve a superior customer experience, speed and quality have become essential in application delivery. However, the study also found that there is much room for improvement, especially when ensuring that quality is maintained. Forty-six percent scored the speed of testing as “average,” “fair,” or “poor,” and 41% say the same about the speed of their overall application development. Over a third (36%) also rated the quality of code in development (for testing) as “average” or worse.In March 2019, Eggplant commissioned Forrester Consulting to evaluate the state of continuous testing and test automation within application development at large organizations, ranging from 1,000 to over 20,000 employees. The survey of 310 IT and business leaders in the US, Europe and UK revealed that while the ambition is to move towards continuous testing to increase levels of automation, they are currently lagging in their capabilities to do so. However, firms that are evolving toward continuous delivery model are transforming testing practices as part of this shift to continuous testing. On average, over half of application development teams are implementing continuous testing (52%), and nearly half (49%) apply automated functional testing.Marketing Technology News: SDI Marketing Set to Fly High with Launch of New Stand-Alone Loyalty Agency, kiteThe study found that testing capabilities are being hindered by several major challenges. The biggest, highlighted by nearly a third of firms (32%), was budget pressure stifling testing innovation. Over a quarter (26%) of firms pointed to legacy technology that is fragmented and difficult to automate, while getting the right technical skills was the third highest challenge cited by firms while other major issues included getting the right domain skills and access to reliable test environments.While 47% of teams on average are exploring an intelligent approach to AI usage, the research indicates large enterprises are still encumbered with traditional approaches, with 51% of application development teams still applying manual functional testing.Marketing Technology News: Extreme Reach Launches AdBridge for Sellers, A New Ad Distribution Platform for Sell-Side Teams and Their Advertising Partners Eggplant Commissioned Research Finds Business and It Divided on Software Strategy PRNewswireJune 7, 2019, 7:25 pmJune 7, 2019 customer experienceEggplantmanual functional testingMarketing TechnologyNewsSoftware Strategy Previous ArticleTapClicks Wins People’s Choice Stevie Award for Favorite New Marketing SolutionNext ArticleFireside Chat with James Ontra, Co-Founder at Shufflrrlast_img read more

Aurora Biomed organizes 2018 Shunde Biomedical Industry Investment Promotion Conference

first_imgDec 3 2018From November 14-17, the “2018 Shunde Biomedical Industry Investment Promotion Conference” which ran in parallel with the Precision Medicine and Ion Channel Retreat was successfully held at the Ramada Plaza Hotel, Shunde, Guang Dong, China. This meeting was organized by Aurora Biomed, co-organized by the Chinese Academy of Sciences Guangzhou Institute of Biomedicine and Health (GIBH), the Hong Kong Association of Biomedical Innovation (HKBMIA), Beijing University, Hebei University of Technology was supported by Shunde Economy, the Science and Technology Bureau, and the Management Committee of Foshan Sino-German Industrial Services Zone, and Guangdong LifePlus Investment Management Ltd. Through video and presentations, pharmaceutical companies, research institutions and industry associations were introduced to the development and investment environment of Shunde biomedical market.Investment Workshop: On the evening of 14th, the investment showcase for the Shunde biomedical industry investment initiative was put on.A total of 7 biotechnology projects were showcased at this investment workshop, including: Source:http://www.aurorabiomed.com/ A single-cell bioanalyzer introduced by Dr.Paul Li of ZellChip Technologies Inc. Professor An Hailong from Hebei University of Technology introduced the development of a novel dual-target anticancer drug system. On behalf of Yaoming Jichuang Biotec., Dr. Dong Liang introduced the new anti-tumor drug screening platform development project. Presentation Sessions: In support of the Chinese government’s vision for the”Guangdong-Hong Kong-Macao greater bay area”, this year’s conference explored topics related to precision medicine and ion channels. This conference focused on important therapeutic applications of ion-transporters, fundamental research helping to resolve the structural and functional characteristics underpinnings ion channels, as well as the in-depth exploration of cutting-edge technologies such as cancer diagnosis and treatment, liquid biopsy techniques, forensic science advances and the clinical application of next generation sequencing.Related StoriesTrends in colonoscopy rates not aligned with increase in early onset colorectal cancerNew protein target for deadly ovarian cancerResearchers explain how ‘viral’ agents of neurological diseases ended up in our DNAKeynote Presentations: AnaBios (U.S.) CEO Andre Ghetti, The Sick Kids Hospital (Canada) chief researcher Xi Huang, and Yang Wen from Switzerland’s Roche Basel innovation research center talked about the translational research of pain drug discovery, ion channels and brain tumors, and detection method of ion transporters NKCC regulator, respectively.David Smith – professor of laboratory medicine and pharmacology at the Mayo clinic laboratory (USA), Dr. Dong Liang – CEO of Aurora Biomed (Canada), and Myriame Gabay – Biomime Solutions–gaveexcellent presentations on the development of DNA sequencing applications, new methods for detection of ion channels and transporters in cancer, and polypeptide arrays respectively.Forensic Genomics Session: Shunjin Li, ViceDean of The School of Forensic Medicine, Hebei Medical University, shared how to distinguish between monozygotic twins through highly efficient DNA methylation markers. Helena Wong, a senior criminalist at the Oakland Police Department’s crime lab, described the automated process of differentiation digestion as a method for processing large volumes of sexual assault evidence.Ion Channels and Tumors Session: Professor Annarosa Arcangeli from The University of Florence, talked about ion channels as anti-cancer targets.Next Generation Sequencing Session: Dr. Hui Jiang introduced the application of MGI sequencing instrument in tumor detection.The conference attracted both domestic and international experts in the fields of precision medicine and ion channel research to participate and exchange ideas.On 15th the Pearl River night tour enabled guests to network and build collaborations in a relaxed atmosphere. On the afternoon of the 16th, conference attendees visited the Sino German industrial service zone and the Aurora ScientificPark. Attendees learned about the development and investment opportunities in the biopharmaceutical sector in Shunde.last_img read more

Mental health problems in young adults on the rise

first_imgBy Dr. Ananya Mandal, MDMar 20 2019A new study has revealed that mental health problems among young adults and adolescents are on the rise. Over the last few years there has been a steep rise in episodes of depression and psychological distress among the younger population says the study.The study titled, “Age, Period, and Cohort Trends in Mood Disorder and Suicide-Related Outcomes in a Nationally Representative Dataset, 2005-2017,” appeared in the latest issue of the Journal of Abnormal Psychology.According to lead author Professor Jean Twenge from San Diego State University, more and more teenagers and young adults are opening up about mental health problems than ever before.In her book titled, “iGen: Why Today’s Super-Connected Kids Are Growing Up Less Rebellious, More Tolerant, Less Happy—and Completely Unprepared for Adulthood”, she explains why teenagers and young adults these days are lonely and disconnected from each other.She blames social media and smartphones and smart devices for this. “More U.S. adolescents and young adults in the late 2010s, versus the mid-2000s, experienced serious psychological distress, major depression or suicidal thoughts, and more attempted suicide,” she said.The team gathered and analyzed data from the National Survey on Drug Use and Health. This database looks at lifestyle habits of the participants. Over 600,000 Americans of different ages were part of the database and the survey was conducted between 2005 and 2017.All cases of major depression, severe psychological distress, suicide rates, suicide-related outcomes etc. were measured during the follow-up period using questionnaires. Some of the questions were framed to ask if the participants ever felt “so sad or depressed that nothing could cheer them up.”Related StoriesResearchers set out to define recommended ‘dosage’ of work for optimal wellbeingBiden calling ACA ‘breakthrough’ for mental health parity highlights gapsHospitals’ decision to transfer kids with mental health emergencies is based on insurance typeResults revealed that for all participants over the age of 18 severe distress episodes over the past month were highest between 2008 and 2017. This rise was greatest among young adults. In 2008 around 5 percent of the adults aged between 30 and 34 were experiencing serious distress while in 2017 there was a 33 percent rise and now 6.5 percent were experiencing distress. Among 20 to 21-year-olds, the numbers rose from 8 percent in 2008 to 14.4 percent in 2017. This was a 78 percent increase.It was noted that rates of suicides and attempts to suicide were higher for teenagers and young adults over the study period but were lower in 2017 for those over the age of 30. Twenge believes the difference in the incidence among the younger population and the older ones is significant.The Great Recession could be to blame but more relevant are the social changes at present. She says smartphones became available at around 2012 and it has been affecting sleep among youngsters. Sleep inadequacy has been linked to poor mental health, she explained. Cultural trends in the last 10 years may have had a larger effect on mood disorders and suicide-related outcomes among younger generations compared with older generations,” said Twenge. She and others have urged parents to ensure that phone use among youngsters is limited and monitored. They add that exposure during formative years may do more harm than earlier thought. “These results suggest a need for more research to understand how digital communication versus face-to-face social interaction influences mood disorders and suicide-related outcomes and to develop specialized interventions for younger age groups.”Professor Jean Twenge, Lead Authorlast_img read more

Researchers set out to define recommended dosage of work for optimal wellbeing

first_img“We know unemployment is often detrimental to people’s wellbeing, negatively affecting identity, status, time use, and sense of collective purpose. We now have some idea of just how much paid work is needed to get the psychosocial benefits of employment – and it’s not that much at all.”Supporting the unemployed in a future with limited work is the subject of much policy discussion e.g. universal basic income. However, researchers argue that employment should be retained across adult populations, but working weeks dramatically reduced for work to be redistributed.”In the next few decades we could see artificial intelligence, big data and robotics replace much of the paid work currently done by humans,” said Dr Daiga Kamerāde, study first author from Salford University and Employment Dosage researcher.Related StoriesBiden calling ACA ‘breakthrough’ for mental health parity highlights gapsHospitals’ decision to transfer kids with mental health emergencies is based on insurance typeInternational study aims to more accurately describe mental health disorders”If there is not enough for everybody who wants to work full-time, we will have to rethink current norms. This should include the redistribution of working hours, so everyone can get the mental health benefits of a job, even if that means we all work much shorter weeks.””Our findings are an important step in thinking what the minimum amount of paid work people might need in a future with little work to go round,” she said.The study used data from the UK Household Longitudinal Study to track the wellbeing of 71,113 individuals between the ages of 16 and 64 as they changed working hours over the nine-year period. People were asked about issues such as anxiety and sleep problems to gauge mental health.Researchers also found that self-reported life satisfaction in men increased by around 30% with up to eight hours of paid work, although women didn’t see a similar jump until working 20 hours.They note that “the significant difference in mental health and wellbeing is between those with paid work and those with none”, and that the working week could be shortened considerably “without a detrimental effect on the workers’ mental health and wellbeing”.The team offer creative policy options for moving into a future with limited work, including “five-day weekends”, working just a couple of hours a day, or increasing annual holiday from weeks to months – even having two months off for every month at work.They also argue that working hour reduction and redistribution could improve work-life balance, increase productivity, and cut down CO2 emissions from commuting. However, they point out that reduction of hours would need to be for everyone, to avoid increasing socioeconomic inequalities.”The traditional model, in which everyone works around 40 hours a week, was never based on how much work was good for people. Our research suggests that micro-jobs provide the same psychological benefits as full-time jobs,” said co-author and Cambridge sociologist Senhu Wang.”However, the quality of work will always be crucial. Jobs where employees are disrespected or subject to insecure or zero-hours contracts do not provide the same benefits to wellbeing, nor are they likely to in the future.”Dr Burchell added: “If the UK were to plough annual productivity gains into reduced working hours rather than pay rises, the normal working week could be four days within a decade.” Source:University of CambridgeJournal reference:Sui, W. et al. (2019) A shorter working week for everyone: How much paid work is needed for mental health and well-being? Social Sciences and Medicine. doi.org/10.1016/j.socscimed.2019.06.006 We have effective dosage guides for everything from Vitamin C to hours of sleep in order to help us feel better, but this is the first time the question has been asked of paid work.”  Dr Brendan Burchell, Study Co-Author and Sociologist, Cambridge University who leads the Employment Dosage research project Reviewed by James Ives, M.Psych. (Editor)Jun 19 2019As automation advances, predictions of a jobless future have some fearing unrest from mass unemployment, while others imagine a more contented work-free society.Aside from economic factors, paid employment brings other benefits – often psychological – such as self-esteem and social inclusion. Now, researchers at the universities of Cambridge and Salford have set out to define a recommended “dosage” of work for optimal wellbeing.They examined how changes in working hours were linked to mental health and life satisfaction in over 70,000 UK residents between 2009 and 2018.The study, published today in the journal Social Science and Medicine, shows that when people moved from unemployment or stay-at-home parenting into paid work of eight hours or less a week, their risk of mental health problems reduced by an average of 30%.Yet researchers found no evidence that working any more than eight hours provided further boosts to wellbeing. The full-time standard of 37 to 40 hours was not significantly different to any other working time category when it came to mental health.As such, they suggest that to get the mental wellbeing benefits of paid work, the most “effective dose” is only around one day a week – as anything more makes little difference.last_img read more

New statement lays down recommendations to combat fall in vaccination rates

first_imgReviewed by Kate Anderton, B.Sc. (Editor)Jul 2 2019Search engines and social media organizations must do more to prevent the spread of inaccurate information on childhood vaccination, and governments must better support mandatory immunization programs, says an international group of leading public health scientists in a statement published in the Journal of Health Communication.The Salzburg Statement on Vaccination Acceptance lays down several recommendations to combat the global fall in vaccination rates fuelled by a powerful worldwide ‘anti-vax’ movement. The statement, which pledges to “support the development of new, effective and fact-based communications programs” to help parents, community and government leaders make appropriate decisions on childhood immunization, has already been endorsed by more than 60 public health leaders from the Americas, Europe, Asia, Africa and Australia.It calls upon major search engines and social media organizations to better monitor the vaccine information they provide so that they can improve the identification of disproven or inaccurate false claims about vaccine safety – just as they do for sexually explicit, violent and threatening messages.At the same time, advocacy groups, educators and health professionals should join forces to correct misleading vaccine information and disseminate reliable, accurate information via mass and social media and through trusted sources at all levels of society, including celebrities, faith-based leaders and parents.Governments and policymakers should support laws that limit exemptions from mandatory vaccinations and treat childhood vaccination like other essential services such as police, firefighters and public sanitation, the statement also says. The resurgence of potentially life-threatening diseases like measles, which the US Centers for Disease Control declared eliminated in the United States in 2000, undermines the integrity of childhood protections that thousands of dedicated scientists, doctors, and public health officials spent the better part of the last century putting in place. Parents do have rights to make informed decisions about vaccinating their children, but they do not have the right to place their children, or other children, at risk of a serious infectious disease. We need to do a far better job of reaching out to vaccine-hesitant parents.” We are alarmed that the WHO this year declared vaccine hesitancy a top-ten international public health problem. This is a man-made, dangerous and wholly unnecessary crisis. We intend to keep up a steady drumbeat of accurate vaccine communications until the traditional public consensus in support of childhood immunization is restored.”Dr. Scott Ratzan, founding editor of the Journal of Health Communication and founder of the International Working Group (IWG) on Vaccination and Public Health Solutions Related StoriesWar against mosquitoes saves lives and money in Sri LankaPlant foods may transmit antibiotic-resistant superbugs to humansIt’s never too late to take up exercise, advise researchersVaccines have prevented hundreds of millions of infectious diseases, including polio, measles, hepatitis B and meningitis, saving up to 3 million lives yearly. Every US dollar spent on childhood immunization returns up to $44 in benefits . However, immunization rates globally are threatened by misinformation spread by the ‘anti-vax’ movement. Vaccine coverage has waned in many populations, and the US and 34 countries in the WHO’s European region no longer have the 95% immunization rate that provides the ‘herd immunity’ necessary to protect against highly contagious diseases such as measles.Prof. Lawrence Gostin, Director of the WHO Collaborating Center on National and Global Health Law and co-director of the IWG, said: Source:Taylor & Francis GroupJournal reference:Hodge, J.G. et al. (2019) The Salzburg Statement on Vaccination Acceptance. Journal of Health Communication. doi.org/10.1080/10810730.2019.1622611.last_img read more

Review Motorola Moto G6 brings the look of a flagship phone at

first_imgIt runs Android 8.0 (Oreo) on a 1.8 GHz Qualcomm Snapdragon CPU with three gigabytes of RAM and 32 gigabytes of onboard storage with the ability to add up to 128 gb with a microSD card.The G6 has a “water-repellent” coating that can protect it from accidental splashes or light rain, according to Motorola’s website. It is not designed to be submerged in water, and it is not waterproof.The battery capacity is 3,000 milliamp-hours, which was big enough to last all day for me.The small, capsule-shaped fingerprint reader is below the screen on the front bezel. It can also use your face to unlock the phone.The charge/sync connector is USB-C and the included charger can provide Turbo Charge, which means you can get a pretty decent charge rate. In my nonscientific testing, Turbo Charging gave me a charge rate of about 1 percent per minute.Even though the back of the G6 is glass, it cannot be charged wirelessly.It measures 6.06 by 2.85 by 0.33 inches and weighs 5.9 ounces.The G6 has a dual-camera system that’s normally found on higher-end phones.The main camera sensors are 12-megapixel and 5-megapixel and both have an f/1.8 lens. They work together to allow the G6 to take photos in portrait mode, which blurs the background for a nice effect.The main camera can capture 1080p video at 60 frames per second.The front-facing camera has an 8-megapixel sensor with its own LED flash and can capture 1080p video at 30 fps.Amazon-friendlyThe Moto G6 I reviewed was the Amazon Prime Exclusive version, which means the phone is a bit cheaper for Prime subscribers ($234.99 from Amazon) and comes with a handful of Amazon apps preinstalled. During the phone’s initial setup, you’re asked for your Amazon ID and password, which is used to log you in to all the Amazon apps, including Amazon shopping, Prime Video, Kindle, Amazon Music, Prime Photos, Prime Now and a few more.The G6 can also work as an Alexa device. Double pressing the power/sleep button brings up an Alexa prompt for you to give your orders.Pricing and availabilityWell, I suppose it’s obvious that this is a phone aimed at Amazon Prime subscribers, so if that’s you, you can save money by buying it from Amazon with the preloaded Amazon apps. The phone is unlocked to use with any carrier, and you don’t have to be a Prime subscriber to buy it from Amazon. If you’d like to be free of the Amazon apps, you can buy it directly from Motorola for $249.99.There are plenty of reasons to avoid spending a lot for a smartphone. My Honda moves down the road the same as a BMW. I think the G6 is a great phone, but you have to realize that it’s not meant to compete with the iPhone X or Galaxy S9.The G6 is designed to live alongside those flagship phones as a handset that is quite capable and even shares some of the same desirable features as those expensive phones but at a quarter of the price.Pros: Inexpensive, unlocked, edge-to-edge screen, good cameras, Alexa.Cons: Specs are a step or two below flagship phones.Bottom line: Good phone, great price and a nice balance of features vs. value. Review: Moto G5 Plus: An inexpensive Android phone with all the right features Explore further The same concept goes for cellphones.Some people will pay $1,000 or more for the latest Apple iPhone X or Samsung Galaxy S9, while some wouldn’t dream of spending that much for a phone that will last three or four years before it needs replacing.This week I’m not reviewing a flagship phone. I’ve been using the Amazon Prime Exclusive version of the Motorola Moto G6, which will set you back only $249.99.Yep, it’s the cellphone equivalent of a Honda, but I drive a Honda Fit, so I’ve been pretty impressed with the G6.If you like the full-screen, small-front bezel looks of the Galaxy S9 or the iPhone X, the Moto G6 will look very familiar—in a good way.I’ve come to appreciate the combination of large screen and smaller phone body that my iPhone 8 Plus is lacking.The Moto G6 is a smaller handset with a bigger screen.When I bought my iPhone 8 Plus, I was convinced that I wanted a fingerprint reader that the iPhone X lacked. I do use that fingerprint reader every day, but Motorola has shrunk the fingerprint reader by about two-thirds to make room for the G6’s 5.7-inch display that has an 18:9 aspect ratio.The G6 is a slippery phone. The front and back are make of Corning Gorilla glass, and the back curves up on the sides, which makes it easier to pick up but also very slick in the hand. I’d have to keep it in a case just so it wouldn’t slip off my desk or the arm of my chair at home.I have a standing desk at work and apparently it’s not exactly level, because when I put the G6 down on my desk, it started sliding.The main cameras (dual sensors) are mounted in a quarter-sized round bump on the back of the G6.The only buttons are for volume up and down and for sleep/power. They are all located on the phone’s right edge for easy one-handed operation.The G6 looks as sleek and refined as any flagship phone.What you getAs you might expect, the G6’s specs are a step down from more expensive flagship phones.It has a 5.7-inch IPS display with a resolution of 2,160 by 1,080 pixels for a pixel density of 424 pixels per inch. Some people are happy driving a Honda Accord or Kia Soul, while others are willing to pay more to drive a BMW or Mercedes.center_img ©2018 The Dallas Morning News Distributed by Tribune Content Agency, LLC. Citation: Review: Motorola Moto G6 brings the look of a flagship phone at a quarter of the price (2018, July 20) retrieved 18 July 2019 from https://phys.org/news/2018-07-motorola-moto-g6-flagship-quarter.html 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

BMW to invest a billion euros in first factory in Hungary

first_img Citation: BMW to invest a billion euros in first factory in Hungary (2018, July 31) retrieved 18 July 2019 from https://phys.org/news/2018-07-bmw-invest-billion-euros-factory.html © 2018 AFP BMW is following competitors Audi and Mercedes-Benz into Hungary, where wages are considerably lower than in Germany China’s CATL to build first EU electric car battery plant in Germany BMW said Tuesday it will invest a billion euros ($1.2 billion) in a new factory in Hungary, as it follows its fellow German automakers into building cars in lower-wage central Europe.center_img The factory, to be built close to the eastern town of Debrecen, will have an annual capacity of 150,000 units and will make both conventionally and electrically powered vehicles.More than 1,000 new jobs are expected to be created.”The BMW group’s decision to build this new plant reaffirms our perspective for global growth,” said BMW chairman Harald Krueger.”After significant investments in China, Mexico and the US, we are now strengthening our activities in Europe to maintain a worldwide balance of production between Asia, America and our home continent,” he added.BMW said it picked Debrecen because of its “very good infrastructure, suitable logistics connections and proximity to the established supplier network”.Hungary’s Foreign Minister Peter Szijjarto said talks for the new plant had been ongoing for 14 months, and that the company’s decision was a “huge success for Hungary”.”This investment will contribute to the Hungarian economy’s competitiveness and will further strengthen economic ties between Hungary and Germany,” he said.BMW is following competitors Audi and Mercedes-Benz into Hungary, where average labour costs are less than a third of those in Germany, according to EU data.BMW has had until now 12 manufacturing sites across Europe, including eight in Germany, three in Britain and one in Austria. 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

Skin deep Japans washi paper torn by modern life

first_imgChinzei’s washi, a type called tengu-joshi paper also known as “the wings of a mayfly,” is 0.02 millimetres thick and weighs 1.6 grammes per square metre.This compared to a standard sheet of photocopy paper, which is about 0.09 millimetres thick and weighs 70 grammes per square metre. Once an indispensable part of daily life in Japan, ultra-thin washi paper was used for everything from writing and painting to lampshades, umbrellas, and sliding doors, but demand has plunged as lifestyles have become more westernised. Despite its 1,300-year history and UNESCO Intangible Cultural Heritage status, washi paper is struggling to attract consumers and the market value has dropped by more than 50 percent in the past two decades The production of the Japanese paper peaked in the Edo period between the 17th and late 19th centuries but declined as papermaking was mechanised.Now, due to the westernisation of Japan, the washi market is shrinking again, Chinzei said.”We have no tatami rooms and almost no space to display a hanging scroll in the current lifestyle,” he said.”Washi used for those things are now gone.”According to the industry ministry, the total value of handmade washi dropped to 1.78 billion yen in 2016 from 4.15 billion yen in 1998, while that of washi for calligraphy and shoji sliding screens fell to 5.86 billion yen from 25.1 billion yen.Chinzei didn’t plan on taking over his family trade and went to business school in Seattle to study finance.”But I came back… because I felt responsible for passing the baton to the next generation,” he said, hoping to find ways to expand the market.The volume of washi used for restoration is still small, but it’s been shipped to more than 40 countries and Chinzei is hopeful interest will grow.He explained: “For restoring cultural assets and as a canvas for art… I think washi has the potential to be used more in the world of art.” ‘Wings of a mayfly’The papermaking process begins with steaming the kozo plants and peeling off the bark, which is then boiled until soft, while impurities are removed by hand in clear water.The fibres are then beaten and mixed with glue and water, before being placed on a wooden screen.This screen is then dipped repeatedly in water with the fibres and shaken to spread the liquid evenly to make a sheet of paper, a technique which requires years to master.Because washi is hard to break, damaged, old documents can be reinforced by attaching a piece of washi or sandwiching them between two sheets of the paper, Chinzei explained.For documents, transparency is key to be able to see the text, meaning the thinner the washi, the better. © 2019 AFP Once an indispensable part of daily life in Japan, ultra-thin washi paper was used for everything from writing and painting to lampshades, umbrellas, and sliding doors, but demand has plunged as lifestyles have become more westernised Explore further Despite its 1,300-year history and UNESCO Intangible Cultural Heritage status, washi paper is struggling to attract consumers and the market value has dropped by more than 50 percent in the past two decades.But at a small workshop in western Japan, Hiroyoshi Chinzei, a fourth-generation traditional paper maker, creates washi with a unique purpose that may help revive interest—both at home and abroad.Chinzei’s product, the world’s thinnest paper, has helped save historical documents at major museums and libraries—including the Louvre in Paris, the British Museum and Washington’s Library of Congress—from decay.”Washi paper is more flexible and durable” than what Japanese refer to as “western paper”, which disintegrates into tiny pieces when it becomes very old, the 50-year-old told AFP.The traditional hand-made paper is manufactured from plants called kozo, or mulberry, which has fibres that are much longer than materials used for paper in the west such as wood and cotton.”Old Japanese books from the seventh or eighth century remain in good condition… thanks to the fibres of the kozo plants,” the washi maker told AFP at his small factory in Hidaka, a village 640 kilometres (400 miles) southwest of Tokyo. 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. According to Japan’s industry ministry, the total value of handmade washi dropped to 1.78 billion yen in 2016 from 4.15 billion yen in 1998, while that of washi for calligraphy and shoji sliding screens fell to 5.86 billion yen from 25.1 billion yen NASA’s TRMM satellite measured Washi’s deadly rainfall Because washi is hard to break, damaged, old documents can be reinforced by attaching a piece of washi or sandwiching them between two sheets of the paper, experts say Citation: Skin deep: Japan’s ‘washi’ paper torn by modern life (2019, June 20) retrieved 17 July 2019 from https://phys.org/news/2019-06-skin-deep-japan-washi-paper.html “It’s a mesh-like paper mainly made with fibres… It’s as thin as human skin,” Chinzei said.Using both machines and hand-made techniques passed down for generations, the firm can create ultra-thin paper, which is also used by conservationists to restore and protect cultural objects.’Pure, strong and lasting’One such conservationist, Takao Makino, carefully applies washi with a brush onto golden sticks representing the halo of a Buddhist statue estimated to be around 800 years old.Makino said he used washi for the first time in 2007 to protect the surface of one of the two main statues at Tokyo’s historic Sensoji Temple.”The surface was damaged and peeled off. So we covered all of it (with washi) to contain the damage,” the 68-year-old said.”Washi naturally fits into intricately-shaped sculptures, but papers with chemical fibres or wrapping films don’t,” he said.”The history proves washi is very durable… The material is pure, strong and lasting. It’s reliable.”last_img read more

Air strikes on Syrian rebel enclave intensify monitor

first_imgSyria’s eight-year war has killed half a million people, driven half the pre-war population of 22 million from their homes, inspired a wave of militant attacks around the globe, and dragged in regional and world powers. Aid agencies say the scale of bombardment in the north west risks further humanitarian disaster. Hundreds of thousands of people have already fled towards the Turkish border. While both Idlib city and Maarat al-Numan were heavily targeted by airstrikes in earlier phases of the war, they have not been a major focus of bombardment in recent months, with the military more focussed on hitting areas near the front lines. There was a surge of violence this week on the area of Tel Hamamiyat on the southwestern edge of the enclave, where pro-government al-Watan newspaper and rebel statements reported major fighting. A spokesman for the local government controlling most of the enclave, which is held predominantly by jihadist factions, said Friday prayers had been suspended in several cities due to the air strikes. More than two months of Assad’s Russian-backed assault in and around Idlib province have yielded little or no military gains, marking a rare case of a campaign that has not gone his way since Moscow joined his war effort in 2015.Turkey, which backs some rebel groups in northwest Syria and controls an adjacent zone along its own border, agreed a truce last year with Russia to reduce warfare around the enclave. Those areas, and the quarter of Syria east of the Euphrates river which is held by U.S.-backed Kurdish groups, are the only parts still out of Assad’s control. (Reporting by Angus McDowall in Beirut and Sarah Dadouch in Istanbul; Editing by Andrew Cawthorne) BEIRUT (Reuters) – Air strikes targeted rebel-held cities in northwest Syria on Friday, a war monitor reported, widening bombardment of the last major insurgent enclave to areas that had mostly escaped it. The strikes killed three people in Idlib and three in Maarat al-Numan, two of the largest cities in the region, the Britain-based Syrian Observatory for Human Rights reported. Another nine people were killed elsewhere in the enclave, it said. President Bashar al-Assad’s government, backed by Russia, has waged a major assault against the northwestern enclave since the end of April in a battle the Observatory says has killed nearly 2,450 people. Related Newscenter_img {{category}} {{time}} {{title}}last_img read more