Tar Ponds Agency Meets Deadline

first_imgThe Sydney Tar Ponds Agency has answered hundreds of questions from the public and the joint review panel about the environmental impact statement on its plan to clean up the Sydney Tar Ponds and Coke Ovens sites. The questions are contained in 55 submissions from the public, and an additional 34 from the federal review panel which will conduct public hearings on the environmental impact statement this spring. Each submission contained multiple questions. Wilfred Kaiser, acting director of environmental services was assisted by teams from AMEC and Earth Tech, two engineering firms involved in providing support to the preparation of responses. A team of two dozen experts worked day and night, over two weeks, to answer all the questions by the March 2 deadline. “It’s really encouraging to see that so many people took the time to read the environmental impact statement,” said Frank Potter, acting CEO of the Sydney Tar Ponds Agency. “It shows the high level of interest people have in the cleanup. Their questions will help us refine our plan, and make it better.” Mr. Potter said the questions came from a broad spectrum of the public, and while many questions submitted related to the proposal to incinerate PCB contaminated material, many more dealt with a wide range of topics. The review panel must now evaluate the responses provided by the agency, to determine whether they have enough information to proceed to panel hearings. Once the panel is satisfied it has the information it needs, it will give 21 days notice of the start of the public hearings. It is possible public hearings could begin as early as April. The panel’s final report is due on June 30.last_img read more

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Delhi Assembly Research centre to start functioning from September 2

first_imgNEW DELHI: A new Research Centre at the Delhi Assembly to provide recommendations to the House as well as for the city government will start functioning from September 2, Speaker Ram Niwas Goel said. Goel said that the Centre was being set up to create a repository of valuable research and reference material for use of the lawmakers and other stakeholders. “It will help the Assembly in providing quality research and reference material to the MLAs on their request.” Also Read – After eight years, businessman arrested for kidnap & murderThe Delhi government had sanctioned Rs 14 crore for the Research Centre, which will function from the Assembly building. “The need for a Research Centre arises due to several reasons, including what the government should provide to its people and how can these facilities be improved,” Goel said. The Centre will study best practices in various fields in other legislatures and governments within as well as outside the country. “It will provide a comparative study of existing laws and policies in other states and countries. It will also publish reports and resource material for use of the MLAs, departments and other stakeholders.” Also Read – Two brothers held for snatchingsThe first batch in the Centre will be of 50 Fellows –Doctorate/PhD with one-year full-time experience or Post Graduate with minimum two years full-time work experience –and 90 Associate Fellows –Post Graduate or Graduate with a minimum one year of full-time work experience. “There will be a Fellow over two Assembly constituencies. With 70 constituencies in Delhi, there will be 35 Fellows in the field. Fifteen will sit in the Assembly building for different subjects or fields.”last_img read more

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Police say fatal Calgary house explosion not considered suspicious

first_imgThe Canadian Press CALGARY — Police say the death of a man whose remains were found after a house explosion in Calgary on the weekend is not suspicious.They say the man has tentatively been identified as a resident of the home and was the sole occupant at the time of the blast.Police and fire department investigators have determined the explosion and fire were caused by human activity, but they’re not considering the man’s death suspicious.More than 25 people — some several blocks away from the house in the city’s southeast — called 911 to report a loud bang about 4:20 a.m. on Sunday.Firefighters arrived to find the house engulfed in flames that were spreading to neighbouring properties, one of which was badly damaged.One neighbour said the home’s owner, a single man, regularly goes to Thailand in the winter, but the neighbour had not seen a tenant in the house for a week or so.last_img read more

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Ghosn hit with fresh charge in Japan

first_imgTokyo: Japanese authorities on Monday hit former Nissan boss Carlos Ghosn with a fresh charge of aggravated breach of trust, the fourth formal indictment against the auto sector tycoon. Public broadcaster NHK and local news agency Jiji Press reported that prosecutors filed the new indictment that paves the way for his legal team to apply for bail. The 65-year-old strenuously denies all allegations against him and insists they have been cooked up in a “plot” by Nissan executives wary of his plans to bring the Japanese car giant closer to its French partner Renault. Also Read – Thermal coal import may surpass 200 MT this fiscalProsecutors are looking into allegations that Ghosn funnelled funds from Nissan to a dealership in the Middle East and siphoned off around five million dollars for his personal use. Ghosn has already won bail once before — but under strict conditions such as agreeing not to leave the country and living under surveillance. The rollercoaster case of the executive, once revered in Japan for saving Nissan from the brink of bankruptcy, has gripped the business world and shone a spotlight on the Japanese legal system that has come in for some criticism especially from abroad.last_img read more

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Unemployment on the increase in the West Bank UN report finds

Unemployment grew and purchasing power fell in the West Bank in the second half of last year, according to research released today by the United Nations agency for Palestinian refugees, with more than one in four refugee workers out of a job.“In the second half of 2010 unemployment grew much faster than employment, and the purchasing power of average working people’s wages continued to decline in the face of persistently high unemployment rates and consumer price inflation,” the UN Relief and Works Agency for Palestine Refugees in the Near East (UNRWA) said in a statement released in Jerusalem.“While there was modest employment growth, such growth was on the wane in 2010 while the number of unemployed accelerated in the second half of the year. Refugee labour force participation continued to recede, perhaps due to discouragement about job prospects, as refugee employment declined in this period,” said Salem Ajluni, author of the new research.“The average broad refugee unemployment rate rose by more than a percentage point to 27.9 per cent, relative to first-half 2009 as compared to [the] 24.1 per cent rate for non-refugees.” Both employed refugees and non-refugees lost an average of about 3 per cent in real value of their wages, he added.“The implications of these results are profound for the refugees served by UNRWA,” said agency spokesman, Chris Gunness. “The economic good news that the media have made much of in recent months overlooks deeper processes under way.”“Refugee labour market conditions in particular regressed. The occupation and its related infrastructure such as settlements and settler-only roads that encroach on and divide Palestinian land, settler violence and the West Bank Barrier have diminished prospects for Palestinians in general and especially for refugees,” he said. “This is likely to raise the rate of aid dependency among refugees, placing ever greater pressures on UNRWA.” 8 June 2011Unemployment grew and purchasing power fell in the West Bank in the second half of last year, according to research released today by the United Nations agency for Palestinian refugees, with more than one in four refugee workers out of a job. read more

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Report WV governors companies owe 2M Virginia tax debt

ROANOKE, Va. — Records show West Virginia Gov. Jim Justice’s companies owe almost $2 million in delinquent taxes in Virginia.WDBJ-TV reports Wednesday that companies owned by the Republican governor owe $1.9 million in taxes to several counties in Virginia.Justice lists more than 100 businesses in his most recent financial statement, including coal, timber and agriculture companies. He has an estimated net worth of $1.5 billion.A Justice family representative told the station the companies have been in contact with the counties to resolve the issues.The station says it first obtained records showing more than $2 million in debts but some of the delinquencies were paid off after it reached out to the companies for comment.Justice has been dogged by allegations of outstanding debts and fines related to his businesses.The Associated Press read more

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Former LSU Tigers Tyrann Mathieu Arrested

Former LSU Tigers cornerback Tyrann Mathieu has all but sure eliminated the possible return to the team after being arrested Thursday on drug-related charges along with three former Tigers.In a statement from the Baton Rouge Police Department, former LSU quarterback Jordan Jefferson and Mathieu were charged with simple possession of marijuana. Former Tigers linebacker Karnell Hatcher was also arrested and charged with simple possession, while former defensive back Derrick Bryant is facing the heaviest charge of possession with intent to distribute and possession of drug paraphernalia.Police reported receiving a phone call to the apartment complex in which Mathieu occupied, after an unknown male forced his way through the security gate,  later to be  identified as Jefferson by BRPD.The police went to 20-year-old Mathieu’s apartment and when he answered the door officers could smell a high presence of marijuana. Mathieu gave consent for authorities to search the apartment and they discovered a marijuana grinder, a digital scale and 10 bags of high-grade marijuana, seven of which were found in Bryant’s backpack.Mathieu, who is better known as the “Honey Badger,” was kicked off the team by head coach Les Miles for failing multiple drug tests. The 2011 Heisman Trophy finalist entered a drug rehabilitation center and enrolled back into LSU as a regular student with hopes of returning to the field in 2013.Even if Mathieu had not been arrested Thursday, his return could have been more complicated than thought.  In a recent feature on Mathieu in Sports Illustrated, the article alleges he engaged in impermissible promotional activities – mainly involving a group called New Era of which Mathieu was a member – among other things.The article describes Mathieu using his notoriety to advertise parties for Era Nation and The Palace, a club in the Baton Rouge area.  They added that Mathieu knew pictures taken of him would be used for promotional purposes since he received access to the club’s VIP area.With the release of this article putting Mathieu’s eligibility on the line with a possible return to football, the Mathieu family took issue with the claims by the magazine.“The twisted things and cobbled together details from past articles because we wouldn’t sit down with them,” Sheila Mathieu told Fox 8 Sports. “We have always believed in being a tight-knit family. God first, family second, work and school third. That’s what Tyrann is doing now, and he’s on an avenue to success, make good grades and putting his life in order.”One thing is evident for the former LSU punt returner and game changer, his ‘avenue to success’ has taken another major hit.  This latest arrest has possibly ended his career as a college football player and any aspirations of reaching the NFL. read more

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How Twitter and Facebook can help you access free public WiFi

first_img Don’t know (373) Poll Results: No (695) YesNoDon’t knowVoteRead: Bus Éireann roll out free WiFi across 7 stations nationwideRead: “Pyjama Girl has every right to be in the set” – meet the team behind the 14 ‘icons of Dublin’center_img PUBLIC WIFI SERVICE Bitbuzz has announced that users can now avail its wireless internet using their Twitter and Facebook accounts.Bitbuzz, which offers free WiFi in public areas across Dublin and in other cities in the country, says that when users enter one of their hotspots they can now login through their own personal Twitter and Facebook accounts.Bitbuzz says that customers’ rights will remain “paramount” and the integrity of their data will be protected.“This new departure for Bitbuzz has been developed to meet user demand. We are constantly trying to make it simpler and quicker to get online, while still complying with Irish and UK Data Retention laws,” Alex French, Bitbuzz’s Operations Director, said.The service had over 1.1 million registered users at the end of last year, a nearly 50 per cent increase in users.It has over 430 WiFi hotspots and over 11,000 hotel bedrooms in its network in the UK and Ireland and plans further expansion this year.Poll: Would you use your Twitter or Facebook account to login into Bitbuzz or other public WiFi services? Yes (380)last_img read more

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And then a rocket sprang and bang We asked David Norris to

first_img Share17 Tweet Email https://jrnl.ie/4073555 By Andrew Roberts Jun 15th 2018, 8:31 PM Friday 15 Jun 2018, 8:30 PM 19 Comments ‘And then a rocket sprang and bang’: We asked David Norris to read his favourite section of Ulysses Happy Bloomsday. Source: TheJournal.ie/YouTube Short URL Subscribe for more videos THE ANNUAL JUNE celebration of James Joyce’s most famous character culminates tomorrow with the day-long Bloomsday celebrations.The modern-day marking of Leopold Bloom’s fictional 1904 Dublin odyssey kicks off at 8am with the first of several sittings of the traditional Bloomsday breakfast (get the last of the nutty gizzards, etc) on North Great George’s Street.Later on, the main event of the day happens at Wolfe Tone Square on Jervis Street where the likes of Tara Flynn, Gerry Stembridge and (of course) Senator David Norris will take part in an afternoon of readings and performances.We caught up Senator Norris earlier this week and asked him to read us one of his favourite sections of Ulysses. The veteran Joycean scholar obliged, giving a typically dramatic interpretation of the text. 7,856 Views Tweet thisShare on FacebookEmail this articlelast_img read more

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My Health Record Should you stay in or optout

first_img Facebook Twitter: @NeosKosmos Instagram There have been mounting concerns from the public and privacy advocates surrounding the introduction of My Health Record, a digital database, which contains the medical record of every Australian citizen, including allergies, medications, medical conditions, and pathology results.Due to be rolled out nationally in 2018, it is made available to all healthcare providers, with people given until 15 October to opt-out if they so choose.Among those concerned about the public’s privacy is Human Rights Commissioner, Edward Santow. He has been pushing for the government to do more to boost the system’s security, to ensure it is not vulnerable to hackers, and that individuals be made better aware about how their data will be used.In response, on Wednesday night, Health Minister Greg Hunt and doctors from the Australian Medical Association and the Royal Australian College of General Practitioners gathered in a meeting to discuss possible amendments.As a result, legislation will be redrafted and new restrictions will be introduced around access to the record by non-medical authorities, such as police and government agencies. They will now be required to have a court order to access the information.“The Digital Health Agency’s policy is clear and categorical. No documents have been released in more than six years and no documents will be released without a court order,” Mr Hunt said reassuringly in a media statement.Furthermore, those who already have a My Health Record and wish to cancel it, will no longer have their information kept on file for 30 years after their death. Under the amendment, the file will be completely deleted from the system.Despite the privacy concerns however, Psychologist Dr Vicky Manikas told Neos Kosmos there are a host of benefits to keep in mind, especially in the case of an emergency.“It would certainly be useful if a person was for instance admitted to hospital in an unresponsive state and was unable to give a medical history – the staff would then just require their ID and they could access their history and possibly make decisions which might be difficult without a full history,” she explained.For those who have a complicated medical history, particularly in the instance of the elderly who may have trouble recalling events accurately, Dr Manikas says it can ensure patients are better treated and that it can also help prevent issues relating to the interaction effect of different medications if important information is unknowingly withheld.“It can also ensure that patients are not GP shopping for prescription medication as there would be a record, I assume, of all prescriptions given,” she adds.But what will it mean for patients seeking a second, or even third medical opinion, given the former diagnosis will already be on record? Dr Manikas says that could pose challenges, but assures that a professional doctor should still be able to make a reasonably accurate assessment without letting a prior diagnosis impact that.When it comes to mental health in particular however, there’s concern that the record could very well deter individuals from seeking the treatment they need.Those accessing the services of a psychologist through Medicare via a mental health plan, which offers subsidised treatment, will subsequently have their mental health history appear on their record.With a stigma still attached to mental health for many, those wishing to avoid a record amid privacy concerns and possible bias that could result from the information being accessed, could see people faced with a dilemma: either access treatment privately, and be out of pocket, or not access treatment at all.“This might then mean they will find treatment less affordable as they would have no Medicare rebate, therefore inadvertently limiting the amount of help they do receive,” Dr Manikas says.Considering both sides of the argument, for the psychologist, along with many members of the public, it would make more sense for My Health Record to be rolled out as an opt-in, rather than opt-out system.“I would personally prefer an opt in approach as it increases the likelihood [of] informed consent and decreases the likelihood of people realising they didn’t opt out and now have a record they are wanting to delete,” she explains.“I can see the opt out approach causing many many issues for people who don’t yet feel ready to have this system in place. Educating the public on the benefits and importance of this record and then prompting them to opt in at each doctor visit is a better approach in my opinion.”However following Wednesday’s meeting, the opt-in argument appears to be out of the question at this stage, sending the message that the health record is here to stay, it’s the future, and something Australians better get used to. Or opt-out, with the government indicating that it is likely to extend the period beyond mid-October.“I do think that over time, as this idea of these records become more common, that this won’t deter people [from seeking treatment],” says Dr Manikas.“I can’t really see serious negatives apart from the public adjusting to this as a new ‘normal’.”The new privacy changes will take some time to be implemented, with the Health Minister assuring that it will happen as soon as possible.To find out more, visit myhealthrecord.gov.au Note: Information is also available on the site in the Greek Language.last_img read more

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Quintero gives River Plate a historic Copa Libertadores

first_imgAn absolute screamer from the Colombian in extra time against Boca Juniors, gives River Plate the Copa Libertadores at the Bernabeu.After so much drama during the last couple of weeks with the Copa Libertadores final, Sunday finally arrived with Boca Juniors and River Plate playing a very anticipated match at the Santiago Bernabeu stadium in Madrid.The tension was quite evident after so much talk that was barely related to football, the loser from today’s match would live with that stigma of losing this final against the hated rival forever.The stadium was filled with people who were impatiently waiting for the match to begin, many football personalities attended this match and watched it from the VIP rooms inside the Bernabeu.People like Antoine Griezmann and Lionel Messi were spotted in there as none of them wanted to miss this final. Even a Juventus contingent attended the match with Cristiano Ronaldo nowhere to be seen, but Dybala and Bentancur were part of that expedition.All the players who were playing the match didn’t seem comfortable, having this final in the city of Madrid was already pretty weird in the first place and it was going to have to take a little getting used to.Both squads started this match with a 2-2 aggregate after the draw from the first match at La Bombonera, both sides were literally starting with no advantage.¡ASÍ FUE EL GOLAZO DE BENEDETTO!#LibertadoresxFOX El ‘Pipa’ recibió un pase magnífico por parte de Nández y con mucha clase, definió ante la salida de Armani para el 1-0 de Boca.Revive la definición del examericanista desde nuestro #AnguloFOX pic.twitter.com/oJX9Lxu68c— FOX Sports MX (@FOXSportsMX) December 9, 2018The first half was a huge reminder of how massive the difference between European and South American football really is, with several interruptions in this match and much less fluidity throughout the whole 90 minutes.The first half was more dominated by Boca Juniors and their ability to prevent River Plate to create spaces and link passes in midfield, they were waiting for a lost ball to get a chance that could give them the initial advantage.This moment came near the halftime whistle, as skipper Pablo Perez recovered a ball, served it to Nandez and the Uruguay international saw Dario Benedetto making the move for a pass between the lines.As soon as ‘Pipa’ intercepted the pass from Nandez, he only needed a single touch to position himself alone in front of the goalkeeper and bury his shot to the right bottom corner.Boca Juniors was winning it thanks to another crucial goal scored by Benedetto, ‘Pipa’ had now scored in both semifinal matches and both of the final games.The second half would be more fluid for the fans, for River Plate as well.¡PRATTO LO EMPATÓ CON UNA GRAN JUGADA!#LibertadoresxFOX Una pared entre ‘Nacho’ Fernández y Palacios terminó con un centro atrás para que el ‘Oso’ consiguiera la igualada.Revive la jugada desde el #AnguloFOX pic.twitter.com/yzEWIT9ucRRiver Plate v Boca Juniors - Copa CONMEBOL Libertadores 2018Match Preview: River Plate vs Boca Juniors Boro Tanchev – September 1, 2019 It is time for one of the most intense derby games in the world, as River Plate and Boca Juniors go head-to-head tonight at 22:00 (CET).— FOX Sports MX (@FOXSportsMX) December 9, 2018The ‘Millonarios’ took control of the ball during the second half, they were able to control the ball for extended periods of time and managed to create more opportunities due to how tired the Boca Juniors players were.After several opportunities in which River was denied by the defense, a chance finally appeared for Lucas Pratto before the 70th minute, in which he was able to finish a collective effort in which Exequiel Palacios produced an exceptional skill that gave Nacho Fernandez the chance to assist Pratto.Lucas scored his fifth Copa Libertadores goal in this fashion, he became the tournament’s top scorer with this one.It was only fitting that the world’s longest football final in history would go to extra time, fortune was better for River Plate as Wilmar Barrios got booked for a second time at the start of the first extra time and left Boca Juniors with 10 players.This advantage was all that River needed, the critical moment of the night came from Colombian Quintero’s left foot in the form of a potent screamer from outside of the box that went in through the top corner for River Plate’s goal that gave them the trophy.At the end with Boca playing with 9 after Fernando Gago’s injury, Martinez sealed the result with an easy goal with no goalkeeper to stop him.River Plate is the worthy and historic Copa Libertadores champion after beating Boca Juniors 3-1 (5-3 ag.).❤ ¡Impresionante zurdazo y GOLAZO de Quintero! ❤Lo gana River#CopaLibertadores2018River 2-1 Bocapic.twitter.com/bC2n9hHTNb— MedioTiempo (@mediotiempo) December 9, 2018¡RIVER SENTENCIÓ!#LibertadoresxFOX Ya sin portero, Gonzalo Martínez hizo el 3-1 definitivo, que le da el campeonato al Millonario pic.twitter.com/vpdtZZF85K— FOX Sports MX (@FOXSportsMX) December 9, 2018What did you think about the whole drama of this Copa Libertadores final between River Plate and Boca Juniors? Please share your opinion in the comment section down below.last_img read more

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BSE closes points 3214 down on Feb 5

first_imgBSE closes points 32.14 down on Feb 53.5K views00:00 / 00:00- 00:00:0000:00BSE closes points 32.14 down on Feb 53.5K viewsBusinessNew Delhi, Feb 5 (ANI): Trading at the Bombay Stock Exchange today closed 32.14 points down to stand at 28,850.97. At the National Stock Exchange the Nifty closed 107.65 points up to stand at 8,831.35. PIPAVAVDOC and Jubilant FoodWorks Ltd were among the top gainers of Group A with an increase of 7.00% and 6.92% along with CUB and SHREE CEMENT with an increase of 5.51% and 5.17% respectively, while the top losers of Group A include UNITECH and IOB with a decrease of 12.99% and 11.01% along with KEC and GMR INFRA with a decrease of 10.39% and 9.51% at the close of the markets. The Auto sector is down 155.71 points at 19,571.90, while the banking sector is down 102.06 points at 21,813.19 and the reality sector is down 49.50 points at 1,757.69. The Indian currency is up 0.15% at Rs 61.84 per dollar.Ventuno Web Player 4.50New Delhi, Feb 5 (ANI): Trading at the Bombay Stock Exchange today closed 32.14 points down to stand at 28,850.97. At the National Stock Exchange the Nifty closed 107.65 points up to stand at 8,831.35. PIPAVAVDOC and Jubilant FoodWorks Ltd were among the top gainers of Group A with an increase of 7.00% and 6.92% along with CUB and SHREE CEMENT with an increase of 5.51% and 5.17% respectively, while the top losers of Group A include UNITECH and IOB with a decrease of 12.99% and 11.01% along with KEC and GMR INFRA with a decrease of 10.39% and 9.51% at the close of the markets. The Auto sector is down 155.71 points at 19,571.90, while the banking sector is down 102.06 points at 21,813.19 and the reality sector is down 49.50 points at 1,757.69. The Indian currency is up 0.15% at Rs 61.84 per dollar.last_img read more

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Two killed in Kolkata building collapse

first_imgKolkata: Two persons were killed and another was injured as an old building collapsed in central part of the city following heavy rains early on Monday, police said. The two-storey residential building near Sealdah’s Baithakkhana Bazar area, that was declared as a “dangerous building” by the Kolkata Municipal Corporation (KMC) a couple of years ago, collapsed at around 2.30 a.m. on Monday. “Manik Jana, 48, a resident of West Midnapore district and Gopal Chandra Naskar, 62, of South 24 Parganas district were killed in the building collapse. Also Read – Rain batters Kolkata, cripples normal life “The two were passing by the road beside the building when the accident happened,” an officer from the Muchipara police station said. “It seems continuous rain over the last two days might have caused the fragile building to collapse. Another person was injured in the incident as well,” he said. Apart from police, a team of state disaster management and fire brigade personnel rushed to the spot to conduct the rescue operation. “There were a few people living in the ground floor of the building but they escaped unharmed,” the officer added.last_img read more

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VIDEO Fed up LeBron James walks out of Game 1 press conference

first_imgLeBron James’ 51-point wasn’t enough for the Cavs to pull off a massive upset in Game 1 at Oracle. Despite the overtime loss, a clearly upset LeBron faced the media following the game. The presser abruptly ended when James took exception to ESPN’s Mark Schwarz repeatedly asking him about J.R. Smith’s insta-memed brain freeze that cost Cleveland a chance to steal the game in regulation.As he walked out, James appeared to tell the gathered press, “Be better tomorrow.” Some say the questions needed to be asked, others think the badgering was a bad look for Schwarz. Either way, LeBron was pissed and not in the mood.last_img read more

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Are Candy Crush and WhatsApp Really in it for the Long Haul

first_img This story originally appeared on CNBC February 27, 2014 Growing a business sometimes requires thinking outside the box. Free Webinar | Sept. 9: The Entrepreneur’s Playbook for Going Global Have you ever had the feeling that you’re completely alone in your thinking and the world seems to have great arguments why you’re completely wrong? I felt that way during the dot-com bubble when the valuations just seemed crazy to me. I felt that way during the real-estate bubble when people would ask me if they should cash advance their credit cards to buy rental real estate. And now I feel that way in the social-media space as mergers, acquisitions, and valuations that stagger the mind. It’s crazy.Then again, maybe you’re one of the people addicted to the game “Candy Crush” who can’t bear to go to sleep at night because of its addictive tendencies. I know people who turn off the lights at night with a little glow under the covers as they attempt to navigate this popular game.King Digital Entertainment, which markets the game, reports huge increases in downloads and has decided to capitalize on the game’s popularity by going public.Hey, doesn’t this sound a lot like Zynga with their hugely popular game Farmville? That really didn’t work out too well as an investment for most investors. How is King Media different? Eighty percent of the company’s revenue comes from this one game so this better be the next “Wheel of Fortune”-type franchise or investors will face a bad outcome.Can gamers get bored and move along to the next fad? Yup. Just check out this chart.When investing in new technology, it’s a buyer-beware environment where you are speculating on future market share and the ability to monetize eyeballs into dollars. Facebook’s WhatsApp purchase is a clear $18 billion example of a company willing to spend massive dollars in order to add a feature to keep users loyal to Facebook. While the company states the two enterprises will be operated as separate companies, you can be assured that Facebook has grander plans to make WhatsApp a reason for the fickle teens to stay with Facebook. After all, you know what happened at MySpace; fortunes can change very quickly.Look at Groupon on as a perfect example of a company that had great market penetration but is still struggles in terms of profitability and strategic vision. The company came out at $20 a share 2 years ago and is now trading about 8 dollars a share. Of course, last week’s headline was a Groupon shares soared. If you’ve gone down 75 percent and then go up a dollar, I suppose you could make the case that the stock soaring. It’s all a relative game and frankly a pretty weak case.The boring folks at Apple are criticized for not engaging in a bidding war for companies. They seem to be pretty conservative when it comes to spending shareholder money as evidenced by the $170 billion dollars they currently hold on their balance sheet. Sure they buy little companies but they tend to be tech plug-ins rather than transformative, gigantic purchases.Google bought Motorola and it’s debatable whether that was a wise $12 billion purchase given that they just sold a handset business for a fraction of what the original purchase price was ($2.5 billion). Then again, Google gets to keep the patents portfolio and perhaps that’s worth the acquisition price to help defeat patent trolls. Maybe — but I doubt it.Reportedly, Google offered $9 billion for WhatsApp and dropped out after Facebook paid twice that amount. Hooray for Google’s fiscal rationality! Maybe the Motorola purchase still burned in their fiscal psyche.I get that social media is going to be huge and already is a major driver of Internet traffic. What I don’t get is the valuations assigned to these companies.Let’s look at another example: Twitter hasn’t really figured out how they’re going to make money to justify their current stock price. They might figure it out down the road but might doesn’t mean they will. Real world investors need to be aware that buying companies like Twitter are essentially a speculation on their ability to position the marketplace in a profitable way. It all comes down to that.I know what you’re thinking; every day venture-capital companies jockey to throw millions of dollars at start-up companies. Certainly, if VC partnerships are investing in Internet star-ups, it must be wise for you to do the same, right?Think twice before you automatically agree.Remember that VC companies are seeking to hit one gigantic home run for every 9 or 10 investment whiffs. Sequoia, which invested $60 million in WhatsApp is hitting a massive home run; they are reported to be getting a $3 billion dollar payout. Not bad, huh? That will make up for all the other investments that didn’t work out so great that you never hear about. It’s all about batting average in the VC game and, if you’ve got the free capital, perhaps it’s worth the risk to try a 1 out of 10 lottery ticket.But for many of you reading this commentary, you need better odds. You can’t afford to lose 9 times because losing 9 times for you means your lifestyle is impacted. And for that reason, you need to be very cautious about throwing money at a company that has not defined how they are going to justify their current valuation.You might get lucky and pick the right one. You might be wise enough to pick the right one. But the real question is, are you solvent enough to survive 9 mistakes, for most investors the answer is” no.”So, if you’re going to invest in this type of asset do so sparingly. And just like when you’re in Las Vegas, do so with money you can afford to lose. Invest in these assets in non-retirement accounts so if a blowup does occur, you are able to write off the loss. And make sure that you have a strong foundational portfolio that will help you survive the inevitable unforeseen volatility that will no doubt occur as the market goes through its now normal gyrations.The average P/E ratio of the S&P 500 is about 16. If you see a stock with a P/E ratio of 40 or greater (or no P/E ratio because they have no earnings!), be self-reflective and ask yourself if you can handle the risk and the potential loss. I know you can handle gain, that’s not the issue. Just like in gambling, only bet what you can afford to lose in high valuation stocks. That’s how you keep your net worth intact. That’s how you avoid the fate of millions of lottery chasers that bought dot-com stocks in 1999; rental real estate in 2007; railroad land in 1860, and tulip bulbs in 1637.History does tend to repeat itself. John Templeton was right: The most dangerous words in investing are “this time it’s different.” Buy with your eyes open and a recognition of the risk you are taking on when you buy high valuation companies. Then you won’t be surprised when you hit a home run or must tend to the wounds that come with making the wrong investment choices. Register Now » 6 min readlast_img read more

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Agents can win 100 gift cards with Carnivals anniversary contest

first_imgTags: Carnival Cruise Line Share Posted by Tuesday, March 7, 2017 << Previous PostNext Post >>center_img MIAMI — To celebrate its 45th anniversary, Carnival Cruise Line has launched a new travel agent trivia contest on its trade-focused Facebook page.Running until March 10, the ‘Carnival 45th Anniversary Trivia’ game features one trivia question related to the company’s history each day for the duration of the game period. The first nine agents to answer the daily question correctly will each win a US$100 Visa gift card.A total of 45 agents will be awarded a combined $4,500 in gift card winnings.“The cruise industry was built by our travel agent partners, who took a leap of faith with our fledgling industry in the 1970s,” said Carnival’s Vice President of Sales & Trade Marketing Adolfo Perez. “During these 45 years, agents have helped tens of millions of Carnival guests realize our founder Ted Arison’s vision that everyone deserves a great cruise vacation at a fantastic value. This contest is one more way of thanking agents for their tremendous support through the years.”More news:  Marriott Int’l announces 5 new all-inclusive resorts in D.R. & MexicoThis year marks the 45th anniversary of Carnival Cruise Line’s inaugural cruise, which departed from Miami on March 11, 1972 aboard the TSS Mardi Gras.For more information about the contest go to facebook.com/CarnivalTrade. Agents can win $100 gift cards with Carnival’s anniversary contest Travelweek Group last_img read more

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India Pakistan trade blame as border exchanges kill 5

first_img New Valley school lets students pick career-path academies Here’s how to repair and patch damaged drywall Sponsored Stories Ex-FBI agent details raid on Phoenix body donation facility ISLAMABAD (AP) — India and Pakistan traded blame on Thursday for a series of firefights and shelling over the past two days along their border in the disputed Kashmir region that killed five civilians and wounded nine people.On Thursday, four civilians were killed and five were wounded in artillery fire that struck Pakistani villages near the eastern city of Sialkot, and Islamabad said the archrival neighbor was responsible for the casualties. Top holiday drink recipes Comments   Share   Top Stories The latest exchange of fire came despite a meeting of the two countries’ prime ministers last week on the sidelines of a summit in Russia in an effort to ease tensions.India and Pakistan have fought two of their three wars over competing claims to Kashmir. A 2003 cease-fire has largely held despite small but regular skirmishes, which the two sides routinely blame on one another.While the highly militarized line of control in Kashmir is guarded by the armies of India and Pakistan, each country keeps a separate paramilitary border force guarding their lower-altitude frontier defined by coils of razor wire that snake across foothills populated by ancient villages, tangled bushes and fields of rice and corn.___Associated Press reporter Aijaz Hussain in Srinagar, India, and Muneeza Naqvi in New Delhi contributed to this report.Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. India’s paramilitary Border Security Force, meanwhile, blamed Pakistan for shooting at an Indian border post and for firing mortar shells that landed in a border village on Wednesday, killing one woman and wounding four people, including a soldier at a border post.Pakistan also claimed that an Indian spy drone had violated its airspace Wednesday and that the Pakistani military shot it down. India’s army rejected that allegation, saying none of its drones “crossed into the Pakistani side.”“None of our unmanned aerial vehicles has been shot down by them,” said Col. S.D. Goswami, an Indian army spokesman.A senior officer of India’s Border Security Force said skirmishes between the two sides continued on Thursday morning and that Indian troops only responded to “safeguard Indian villagers” from Pakistani mortar shells. The officer spoke on condition of anonymity in line with department policy.On Thursday, both Islamabad and New Delhi summoned each other’s diplomatic envoys in protest of the latest exchanges. Pakistan also denounced the alleged violation of its airspace.India’s Foreign Secretary S. Jaishankar on Thursday insisted that all firefights and mortar shelling over the past two days were initiated by Pakistani troops. He told reporters the type of drone Pakistan claimed it had downed was not of Indian design or part of India’s arsenal. 4 must play golf courses in Arizona 5 greatest Kentucky Derby finishes Mesa family survives lightning strike to homelast_img read more

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Travel agents chosen over technology

first_imgTravellers are moving away from technology and using travel agents to book trips a report said. According to Forrester Research the number of American’s preferring to book vacations online has decreased from 53 percent to 46 percent since 2007, The Globe and Mail reported. The report has attributed the renewed interest in travel agents to the Iceland volcano which prevented travel throughout Europe. According to the news source, people that used travel agents to book their trip at the time of the natural disaster were able to use their agent to relocate them quickly. “It’s great to have tools and technology, but you still need human intervention from time to time because it’s not a perfect world,” BCD Travel senior vice president Kathy Bedell said. Expedia managing director Sean Shannon disagreed claiming the site had set up customer care to assist travellers 24/7 via phone and email. Mr Shannon added the service provided customers with answers to questions but also helped customers find hotels and figure out airline policies. Source = e-Travel Blackboard: N.Jlast_img read more

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Mahershala Ali center wears a hat to promote his

first_img Mahershala Ali, center, wears a hat to promote his new movie “Blade” at the Marvel Studios panel on day three of Comic-Con International on Saturday, July 20, 2019, in San Diego. (Photo by Chris Pizzello/Invision/AP) Marvel’s next films will bring diversity, onscreen and off LOS ANGELES — Marvel’s push for more women and people of colour in its cinematic universe is extending to behind the camera for its next slate of films.Of the five films Marvel Studios announced at Comic-Con on Saturday, only one is set to be directed by a white man.In addition to a slew of women and people of colour at the helm of upcoming Marvel films, the weekend’s announcements promised more diversity on screen, including the female-led “Black Widow” and “Thor: Love and Thunder.” Also in the works are films starring Marvel’s first Asian American superhero — Simu Liu’s Shang-Chi — and its first LGBTQ character — Tessa Thompson’s Valkyrie.Marvel veteran Scarlett Johansson said the increase in diversity made her proud to be a part of the franchise.Ryan Pearson And Katie Campione, The Associated Press AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to RedditRedditShare to 電子郵件Email by Ryan Pearson And Katie Campione, The Associated Press Posted Jul 22, 2019 4:49 pm PDTlast_img read more

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