Hunger is among the issues on the agenda of the G8 summit in L’Aquila, Italy, which comes just two weeks after the UN Food and Agriculture Organization (FAO) announced that there are now more hungry people in the world than ever before. According to FAO, the most recent increase in hunger is not the consequence of poor global harvests but is caused by the world economic crisis that has resulted in lower incomes and increased unemployment. This has reduced access to food by the poor, it said.“The incidence of both lower incomes due to the economic crisis and persisting high food prices has proved to be a devastating combination for the world’s most vulnerable populations,” the agency stated in a background paper prepared for the summit, scheduled for 8 to 10 July.Meanwhile, the head of the World Food Programme (WFP) is urging G8 leaders to boost long-term agricultural production while continuing to support immediate hunger assistance.“We learned a lesson last year when rising food prices caused an epidemic of hunger leading to food riots in more than 30 countries. Without food people revolt, migrate or die. None of these are acceptable options,” said Executive Director Josette Sheeran. The Rome-based agency said that global food aid supplies last year were at a 34-year low, and food aid has dropped 35 per cent since 1995.“We cannot afford to lose a generation to malnutrition, starvation and despair,” said Ms. Sheeran. “Addressing immediate hunger needs is a critical long-term investment in healthy, stable societies.”She added that it is a “false logic” for the world to say that it will either invest in tomorrow’s agriculture or today’s urgent food needs. “There is no question that we must do both,” she stated. 7 July 2009Two United Nations agencies have called on the leaders attending this week’s meeting of the Group of Eight (G8) industrialized nations not to forget the needs of the world’s hungry, whose number is expected to top 1 billion this year, and to take action to ensure food security.
TORONTO — The Canadian dollar was higher Tuesday as oil and gold prices registered solid gains and traders looked to see how the Canadian economy performed during November.[np_storybar title=”The real reason why interest rates in Canada and around the world are so low” link=”https://business.financialpost.com/2015/01/26/the-natural-rate-of-interest/”%5DMichael Walker: It’s time to abandon the notion that world interest rates are going back up to historic levels. Interest rates are low because of demographics — an aging population of savers creates a borrower’s market. Keep reading. [/np_storybar]The loonie was up 0.45 of a cent to 80.68 cents US following five, straight sessions of declines that had left Canada’s dollar as the worst performing currency, down almost seven% year to date.Falling oil prices and a surprise interest rate cut by the Bank of Canada have weighed heavily on the currency. The loonie has also lost value amid speculation that the central bank may make another cut to its key overnight rate, after surprising the financial community last week when it cut the rate by a quarter-point to 0.75%.“The market is pricing in a 16% chance of an interest rate cut at the March meeting and a 68% probability of a cut within the next year,” observed Camilla Sutton, Chief FX Strategist, Managing Director, Scotiabank Global Banking and Markets.We expect BoC policy to introduce additional volatility into the Canadian dollar“We expect BoC policy to introduce additional volatility into the Canadian dollar.”The plunge in oil prices has weakened the Canadian economy but this likely won’t be reflected in November gross domestic product figures coming out on Friday. Statistics Canada is expected to report that GDP rose by 0.1% during the month.Oil prices started to collapse at the end of that month after Saudi Arabia ruled out production cuts. Since then, oil has plunged about 40% but seems to have found some stability around the US$45 a barrel mark.TSX and Wall Street tumble on terrible batch of earningsReflecting that rapid drop in prices, TD Bank on Monday downgraded its economic forecast. The bank now expects the Canadian economy to grow by 2% this year compared with its expectation in December for 2.3%. TD said it also expects the Bank of Canada to cut its overnight rate by another quarter of a percentage point in March.Other economic events of note this week include the U.S. Federal Reserve’s scheduled announcement on interest rates on Wednesday.Traders will also take in data on U.S. fourth quarter economic growth on Friday. Economists generally expect that U.S. GDP grew at an annualized rate of 3.1%, down from a five% pace in the third quarter.On the commodity markets, March oil gained 61 cents to US$45.76 a barrel.February gold gained $14.30 to US$1,293.70 an ounce and March copper dropped nine cents to a fresh 5 1/2 low of US$2.45 a pound amid a rising U.S. currency and demand concerns from China.
Jayasuriya said that the Magistrate is there as a witness. The army can be deployed as a last resort during a protest but they should be accompanied by a Magistrate, Chief of Defence Staff General Jagath Jayasuriya said.Speaking to media heads today, Jayasuriya said that the police should handle all law and order situations and the military can be called in only as a last resort. The army had been accused of killing 3 protesters in Weliweriya and injuring several others when they attempted to disperse the protesters who had blocked the road while demanding clean water.The army appointed a board of inquiry to investigate the actions of the troops during the incident. Jayasuriya said copies of a preliminary report of the army on the incident will be handed over to Foreign Missions and to Parliament. (Colombo Gazette)Report by Easwaran Rutnam Asked if a Magistrate was present at Weliweriya during the recent incident when army support was sought to control a protest, Jayasuriya said that he will need to wait for an army inquiry to conclude to see if there was a Magistrate at the time.
The atlas, launched by the UN Environment Programme (UNEP) in conjunction with the Food and Agriculture Organization (FAO) and Oregon State University to mark World Water Day, shows that cooperative agreements are lacking in 158 of 263 river basins that cross or delineate international boundaries and suggests urgent diplomatic negotiation is needed.Speaking at the Third World Water Forum in Japan, UNEP Executive Director Klaus Toepfer said the study, published as the Atlas of International Freshwater Agreements, “is both cause for alarm and cause for optimism.” The publication chronicles the history of water agreements and treaties as far back as 2,500 B.C. and shows that cooperation between countries, the sharing of resources, has been the historical norm.Drawing on maps, statistical analyses and historical documents, the Atlas lists 263 rivers that either cross or mark international political boundaries in 145 countries, representing half of the Earth’s land surface and 60 per cent of its freshwater. Many are in Asia, Latin America and Africa, where rising populations, and existing political, social and environmental upheavals, may aggravate tensions over water.
The incident occurred on May 12 2015 after a 999 call was made saying the young man was seen slumped in the street. Thom was contacted as he was about to leave work for the day and was sent there on his own to examine the patient.The doctor, who has since attended courses on dealing with aggression, told the hearing: “I’m responsible for what I’ve done and I’ve unfortunately assaulted that patient. I had the choice that day of walking away and I chose wrong completely. “I should have walked away and not assaulted that patient. I want to be working as a GP and helping people I don’t want to be assaulting people and I want to continue doing that.”I do out of hours work, am the child protection officer and I’m a mentor for the diabetic nurse. I feel I provide value to the area. I still think about it every day. What I did that day was totally inappropriate, not what I should do as a doctor or a human being. “All I can do is apologise for my behaviour that day. I still feel embarrassed, I should have walked away.”During his court hearing in November 2015, Sheriff Andrew Miller said he noted testimonials saying Thom had been working “in a challenging environment” and that he was under “significant pressures with heavy workloads”. You accepted that you had exceeded the level of force that was justified to deal with the situation before youpanel chairman Michelle Codd Fraserburgh has just one ambulance available to the public and, if it is called out to take a patient to Aberdeen hospital 40 miles away, it can take up to four hours to be available again. The scenario means the community relies on general practitioners to step in and follow up any other 999 calls.Thom, who had already completed a morning and afternoon shift at the surgery when he was called out, was later convicted of assault at Peterhead Sheriff Court and was fined £360. The identity of the victim is not known.At a hearing of the Medical Practitioners Tribunal Service in Manchester, Thom, who lives in Ellon, near Aberdeen, faced being struck off.But he was suspended from practise for two months after he apologised, saying he was under stress due to working “in a challenging environment”.Panel chairman Michelle Codd told him: “Your assault was perpetrated on a man whom you had been called upon to assist in your professional capacity as a doctor. Furthermore this was someone who appeared to be under the influence of drugs or alcohol and was therefore vulnerable.”By your admission of guilt, you accepted that you had exceeded the level of force that was justified to deal with the situation before you.” The coastal town of Fraserburgh, Aberdeenshire, has just one ambulance available to the publicBut she said: “It was a mitigating factor that you were required to attend the complainant when you were uncertain about the situation that you would be faced with and whether you would be adequately equipped, although this does not excuse your behaviour.”You have been candid in your acceptance of your wrongdoing, you have apologised and have accepted full responsibility for what occurred. You have not sought to excuse what you did, which you have acknowledged was not how a doctor should behave.”You are highly thought of by professional colleagues and others. It was a recurring theme of your testimonials that this was a one-off incident and was out of character.”You stated that you felt threatened in a situation over which you had no control with no support. You said that the patient approached you and shoved you before punching you three times to your head. You tried to defend yourself. You have no recollection of punching the patient, but you accept that you did so.”You accepted that you should have ensured your own safety by withdrawing, but rather you acted disproportionately and assaulted the patient for which you apologise.”You are held in high regard as a GP in the local area by other professionals as well as by patients, family and friends. A number of the testimonial witnesses stated that they were shocked to learn about what had occurred.” A family doctor assaulted a drunken and aggressive man in the street during a bout of stress after he was sent on his own to treat him at the roadside due to a shortage of ambulances.Dr Martin Thom, 43, had been dispatched to examine the man in the street by a 999 call handler because the only ambulance in town was on an emergency call.But the GP snapped and hit the patient twice in the head and pushed him against a wall when he believed the victim was resisting his attempts to check him over.At the time, Thom – who has worked at Saltoun Surgery, in Fraserburgh, Aberdeenshire, for 11 years – had been on call to deal with medical emergencies in the town, which has a population of 20,000. Want the best of The Telegraph direct to your email and WhatsApp? Sign up to our free twice-daily Front Page newsletter and new audio briefings.
Men’s EHF EURO 2014 ← Previous Story Serbia, Montenegro want Nikola Karabatic in their national team Next Story → Rene Toft Hansen injured, out at least for a month After Croatia and Sweden have opened Men’s EHF EURO 2014 Qualification Round 2. all the matches will be played on Sunday:Group 1:Switzerland vs. Spain; 4 Nov, 16:00 hrs. local time in SchaffhausenPortugal vs. Fyr Macedonia; 4 Nov, 17:00 hrs. local time in EspinhoGroup 2:Montenegro vs. Czech Republic; 4 Nov, 17:00 hrs. local time in BarIsrael vs. Germany; 4 Nov, 19:45 hrs. local time in Rishon Le ZionGroup 3:Lithuania vs. Norway; 4 Nov, 16:15 hrs. local time in KaunasTurkey vs. France; 4 Nov, 19:00 hrs. local time in MersinGroup 4:Slovakia vs. Hungary; 4 Nov, 17:00 hrs. local time in PresovGroup 5:Ukraine vs. Poland; 4 Nov, 17:00 hrs. local time in ZaporozhyeGroup 6:Belarus vs. Slovenia; 4 Nov, 14:00 hrs. local time in MinskRomania vs. Iceland; 4 Nov, 16:00 hrs. local time in Piatra NeamtGroup 7:Bosnia Herzegovina vs. Serbia; 4 Nov, 17:00 hrs. local time in SarajevoRussia vs. Austria; 4 Nov, 17:00 hrs. local time in Perm
Updated 7 February, 8.05amMISSING TEENAGER KATIE Kearney has been located in Northern Ireland, gardaí confirmed this morning.Last night, detectives said they had serious concerns about the 15-year-old who had been missing from her home since yesterday morning.Gardaí have thanked the PSNI for their assistance in the inquiry.Additional reporting Sinéad O’Carroll
Amazon’s Kindle has paper books beat in most respects, especially when it comes to not being made of paper. Having a Kindle also means you don’t need to go to the bookstore anymore, and soon enough you won’t need to go to the library either.At some point in the not-too-distant future Amazon will be introducing a new library lending feature, which works just as it sounds. You can electronically borrow books from the library, using either your Kindle or any of the free Kindle apps for smartphones or tablets.The service will only be available in the US, at least initially, and will feature support for over 11,000 different libraries. Your device even keeps track of your annotations and bookmarks, so if you decide to purchase the book or borrow it again, the information will still be there.There’s no specific date for when the new feature will be implemented, but expect to see it later this year.
72 Comments Image: Frank Augstein/PA Images 35,095 Views Mar 16th 2019, 6:42 PM Nigel Farage joins at the start of the first leg of March to Leave in Sunderland, England https://jrnl.ie/4546874 Share414 Tweet Email As the clock ticks down, get all the best Brexit news and analysis in your inbox: Tweet thisShare on FacebookEmail this article By Stephen McDermott Short URL BRITISH MEP NIGEL Farage has begun a 435-kilometre march to London to demand that Britain leaves the EU this month.Around 100 Brexit supporters have joined the Eurosceptic politician on the journey from Sunderland to the House of Commons, which is expected to conclude on 29 March.Speaking at the start of the march today, Farage explained to reporters that the march was beginning from the northeastern city because it was a “symbolic” location.“It was the Sunderland result on the night of the [Brexit] referendum that made us think — wow, this is going to happen,” he said before setting off.“I believe we are witnessing a betrayal. I think we are witnessing, in terms of our nation’s democratic history, one of the saddest chapters.”However, Farage also admitted that he intends to cover just a third of the trek to London.“Unfortunately, I have a European summit to go to, one or two things like that,” he told the BBC.It comes as British Prime Minister Theresa May attempts to push her EU withdrawal deal through the House of Commons for a third time.If it is approved, the prime minister will ask the remaining 27 EU leaders to sign off on a Brexit deadline extension through June to allow parliament to pass the necessary legislation.If the deal is rejected again, May will have to seek a longer delay that some EU leaders have said could last through the end of next year. Protestors walk along the coastline at the start of the first leg of March to Leave the European Union Source: Frank AugsteinHowever, many on the mach felt that an extension would go against the will of those who voted to leave the EU.“We are a little forgotten by the politicians,” retired banker Christopher Treggelis said.“My democratic vote has been ignored,” pensioner Steve Coward added as the group set off along their North Sea route for the town of Hartlepool some 20 miles to the south.“I’m taking to my second right, which is to protest peacefully about the parliament ignoring my democratic vote,” he added.Other marchers brandished Union Jacks and signs reading “Democracy” and “Liberty”.Some said that any economic pain caused by the breakup would be short-lived and worth the benefits of greater independence.Sunderland store owner Janice McBeth said she was sure “this country will thrive” down the line.“I’m not naive – it might be difficult, a few shortages, trade barriers,” she said. “But it will be sorted out.”The march is designed to echo similar processions witnessed in England’s northeastern coalfields in the 1930s that saw workers protest poverty and the closure of a big shipyard.The Jarrow March of 1936 was the most famous, with a few hundred people reaching London and treated as heroes once they returned home.With reporting from – © AFP 2019 Saturday 16 Mar 2019, 6:42 PM Nigel Farage begins 435km march against ‘Brexit betrayal’, but admits he won’t actually finish it Around 100 Brexit supporters have joined the march from Sunderland to the House of Commons. Nigel Farage joins at the start of the first leg of March to Leave in Sunderland, England Image: Frank Augstein/PA Images
European officials are expected to start arriving in Greece next week to help put into action the refugee plan agreed at last week’s summit with Turkey in Brussels.The first of some 2,500 personnel from other European Union countries is expected from March 28. The EU’s border agency, Frontex, asked member-states and Schengen associated countries on Monday to provide 1,500 police officers and 50 return and readmission experts to support Greece in returning migrants to Turkey. Frontex currently has 734 personnel in Greece.“It is important to stress that Frontex can only return people once the Greek authorities have thoroughly analysed each individual case and issued a final return decision,” said Frontex Executive Director Fabrice Leggeri. “The return of those who do not have the right to international protection will proceed in full compliance with EU and international law.”However, the UN Refugee Agency (UNHCR) announced that it is scaling back its assistance. It said that it would no longer transfer refugees and migrants who arrive on Lesvos to the Moria camp as it has now become a closed facility.The UNHCR also expressed concern that the EU and Greek authorities are rushing into the implementation of the agreement with Turkey, which will see refugees and migrants returned to Turkey, from where other refugees will be resettled directly.“The Greek state lacks the necessary capacity to assess large numbers of asylum claims and needs to be reinforced,” said UNHCR spokesman Boris Cheshirkov, who added that support from the EU is needed. Facebook Twitter: @NeosKosmos Instagram
Vancouver police are looking for a man suspected of stealing a woman’s wallet Friday and making fraudulent charges.Fraudulent transactions were made at Walgreens, 2515 Main St., and Chevron, 210 E. Mill Plain Blvd. Surveillance footage shows a man wearing white shoes, khaki pants, a dark jacket and a dark-colored hat. Anyone with information on the identity of the suspect is asked to call Officer O’Meara at 360-772-2130.
WASHINGTON — There’s a good reason the U.S. economy is impressing the world right now despite a slowdown in the final three months of 2014: In a word, steadiness.Companies have been hiring at healthy rates for the past year. Layoffs hover near historic lows. Auto sales are strong. Gas prices have sunk. Congressional budget fights have faded. Americans are increasingly confident.All that fed a surge of consumer spending last quarter, offsetting weaker business spending caused in part by a pullback by oil drillers and a frail global economy.The U.S. economy as a whole expanded at a 2.6 percent annual rate, the government said Friday, down from a sizzling 5 percent gain the previous quarter. Yet consumers signaled their optimism by spending at the fastest rate in nearly nine years.“This hasn’t changed my picture on the strength and resilience of the U.S. economy,” said Scott Anderson, chief economist at the Bank of the West. “Almost all the drivers of consumer spending are pointing in the right direction.”
WILMINGTON, MA — Two Wilmington youngsters — Anthony and Jack LaVita — are holding their annual car wash fundraiser this Sunday, July 21, 2019 from 10am to 2pm at 17 Heather Drive in Wilmington. $10 per vehicle. All proceeds will be donated to the National MS Society. If you cannot make the car wash but would like to make a donation, click HERE.Like Wilmington Apple on Facebook. Follow Wilmington Apple on Twitter. Follow Wilmington Apple on Instagram. Subscribe to Wilmington Apple’s daily email newsletter HERE. Got a comment, question, photo, press release, or news tip? Email email@example.com.Share this:TwitterFacebookLike this:Like Loading… Related5 Things To Do In Wilmington On Sunday, July 21, 2019In “5 Things To Do Today”THIS WEEKEND: Car Wash For WHS Field Hockey, Farmers Market, Free Concert & Voter Registration Drive ALL At Town Common On Sept. 8In “Community”Wilmington High Field Hockey Teams To Hold Car Wash On September 8In “Community”
By their nature, many video games are violent. Their core mechanics center around having the player kill anything that moves. The same goes for Fallout 4, a game that I’ve personally described as being a title that turns into a full-on action movie at the drop of a dime. There are plenty of games out there that allow players to be pacifists, but Fallout 4 isn’t one of them — or so I thought.Our friends over at Kotaku interviewed a guy named Kyle Hinkley who has managed to do the impossible: complete Fallout 4 without killing a single human or mutated monstrosity. This was accomplished without any mods — just some clever thinking, luck, patience, and a great deal of reloading the game.To truly appreciate this feat, it should be noted that Fallout 4 is not actually meant to be played this way. When asked by The Guardian about whether or not the game could be played without killing anything, Bethesda’s Todd Howard said, “I can’t tell you that you can play the whole game without violence — that’s not necessarily a goal of ours.”Sure enough, Hinkley’s run isn’t without its fair share of bloodshed. His goal was to get zero kills in the game, but that didn’t mean he couldn’t get enemies to kill each other, or that he couldn’t trick people into doing the dirty work for him. Humans and creatures do die, but Hinkley isn’t the one doing the actual killing. It’s a bit of a technicality, but again, the game wasn’t meant to be played this way to begin with.Strategies used during this run include trapping creatures into certain areas, to freezing foes in place to get others to kill them. That last trick was employed on one of the game’s main baddies, Kellogg, who has to be killed in order to move the story along. Ample use of the game’s “Wasteland Whisperer,” whereby a player can pacify enemies, was employed as well. However, since this perk only grants a chance of calming enemies down, Hinkley had to reload the game whenever this failed.You of course need a certain amount of experience points to gain some of these high end perks. However, avoiding combat — the thing that gives you the most XP — presented its own challenge. Hinkley gained XP by going into settlements and building the same structures repeatedly. This was a grind since building any given structure rewards very little XP. But again, this man was patient and determined.The Fallout series is known for being buggy, but playing the game in this manner pushed it to its limits. During the final portion of the mission where you have to rescue Nick Valentine, Hinkley experienced audio issues because of the peaceful mechanic. It got to a point where characters wouldn’t continue their dialogue, so Hinkley had to get them to fight each other to complete the quest. This involved a lot of reloading, as you would expect.Despite this Herculean accomplishment, Hinkley is disappointed by the fact that Fallout 4 offers less diplomatic and pacifist options than previous games in the series. “I’m a little disappointed in the lack of diplomatic solutions in this game, it’s a lonely departure from the rest of the Fallout series,” said Hinckley. “My version of pacifism isn’t really diplomatic, it’s more exploitative of the game mechanics to achieve a zero-kill record. In other [Fallout] games, you had a lot of alternatives for bypassing the combat, whether it was with sneaking, speech checks, or a back door opened with lockpicking and hacking. In fact, in previous games (at least 3 and NV), your companion kills didn’t count towards your record either.”Hinkley recorded his entire no-kill run, so if you want to see how he pulled it off, make sure to go to his YouTube channel to check it out. Also make sure to check out the full interview Kotaku did with as it really is a fascinating read.
Each chapter brings out sensational revelations that if taken into consideration and scrutinised individually could be vital in understanding the larger conspiracy.For the first time since the NSEL crisis engulfed the FTIL group, an investigation uncovers sensational revelations in the chronological narrative of ‘The Target’. This is the first time that explosive exposure regarding a powerful politician and an influential bureaucrat have come to the fore in the NSEL saga. Many a times in the past, former Finance Minister P Chidambaram’s name has been dragged with controversies surrounding market manipulations. This book has authenticated the degree of his interest in the business of stock exchanges. Also Read – Add new books to your shelfShantanu has combined his investigation with flashbacks of Jignesh Shah’s stardom. He has produced documentary evidence that adds merit to his research which went on for nearly two years. Each chapter brings out an observation that if taken into consideration and scrutinised individually could be vital in understanding the larger conspiracy. Through a seamless flow, the book brings out the core – how Chidambaram’s most favourite bureaucrat, K P Krishnan, in the Finance Ministry took the rising competition against NSE due to FTIL’s phenomenal rise as a potential threat to their interest. NSEL crisis was a smokescreen to the ulterior motive which was to obliterate FTIL group and Jignesh Shah’s innovative spirit. The crux of the book is the strategic planning to execute the hatched plot against Jignesh Shah and his group. Also Read – Over 2 hours screen time daily will make your kids impulsiveThrowing in glimpses of the past, Shantanu describes Jignesh Shah as an unstoppable force who changed the dynamics of the financial markets. And, it became a catalyst for his downfall.From then on the book spirals into exposing the conspiracy by the political-bureaucratic-rival network that colluded so that Jignesh Shah who had effortlessly torn down NSE’s cartel and established a democratic market for all could be stripped off his innovative spirit. Planned strategic measures that fell into place one by one to entangle Jignesh Shah and his FTIL group in a web of conspiracy has been narrated explicitly. One often wonders if not for this book, could anyone have imagined that the financial markets do run a parallel administration in the country. Without any doubt, the protagonist of the book is Jignesh Shah. Shantanu draws parallels in Shah’s life from that of John Galt from Ayn Rand’s legendary novel ‘Atlas Shrugged’. John Galt dared to challenge the status quo of the existing system by standing up against those who tried to bring him down. In the end, like John Galt, Shah too revolutionised the system. Shah comes across a man who has been misconstrued because he defied popular perception by playing the odds and winning every time!
Related posts:Tourists pay up to $6,800 each to visit Costa Rica’s Isla del Coco National Park Turrialba Volcano erupts again, raining ash over San José Airbnb v. Uber: Sharing economy gets a mixed reception in Costa Rica VIDEO: Costa Rica’s Turrialba Volcano launches ash 800 meters into the sky Recent volcanic activity in El Salvador and Guatemala has Central American geologists keeping an eye on the region’s volcanoes, including Costa Rica’s Rincón de la Vieja.While Rincón de la Vieja and other Tico volcanoes have seen increased activity in recent years, geologists don’t foresee any immediate eruptions related to these giants.Smoke and ash spewing from the Chaparrastique Volcano after an “explosive eruption,” according to Celina Kattán, director of the Environmental Observatory, delayed air traffic over El Salvador on Dec. 29, 2013.Salvadoran authorities ordered the evacuation of some 500 residents.Guatemalan authorities reported that the Fuego Volcano erupted on Jan. 7, launching a column of smoke and ash into the air.Days later, on Jan. 11, Guatemala’s Pacaya Volcano erupted, triggering the evacuation of nearby communities. Air traffic control there recommended precautions for aircraft flying nearby.Professor and investigator Eliecer Duarte of the Volcanological and Seismological Observatory of Costa Rica noted that Costa Rica, along with its Central American neighbors, lies between the Cocos and Caribbean tectonic plates. But there’s no set “formula” for predicting volcanic activity, even if it takes place between the same plates.“We’re talking about a pretty broad area,” he said, noting the distance between Guatemala and Costa Rica – about 1,200 kilometers capital to capital.Duarte did say, however, that seismic activity elsewhere along plate lines could produce “instability.”Gino González, geologist with the National Seismological Network at the University of Costa Rica (UCR-RVS) agreed.González said that earthquakes along fault lines can trigger increased seismic and volcanic activity across the region, but there’s not necessarily any direct connection between volcanic activity in Guatemala and here.The UCR geologist said that volcanoes in Costa Rica are less likely to ooze lava, the way Guatemala’s Pacaya Volcano does. Rather, Tico volcanoes build up pressure and suddenly erupt, making them “a little more dangerous.”One volcano that volcanologists have had an eye on in recent years is Rincón de la Vieja, a 2-kilometer tall volcano in Costa Rica’s northwestern Guanacaste province.After a decade of calm, the volcano has been increasingly active starting in 2011, according to a Jan. 14 report from UCR-RVS. After the 2012 Sámara earthquake that rocked Costa Rica’s Pacific coast, seismic activity continued to rise in the crater.UCR-RVS volcanologists plan to make more frequent trips to the crater during 2014 to monitor its activity, including hot mudflows, and increased underground magma flows that could warm the volcano’s turquoise-colored acidic lake, according to the report.The last time Costa Rica saw a major eruption was Rincón de la Vieja in 1996, González said.Volcano tourism is one of Costa Rica’s major attractions.Arenal Volcano, a cone volcano near La Fortuna, Alajuela, was once one of the region’s most active volcanoes, but has been slumbering since 2010. The volcano might not be as dramatic as it once was, but its picturesque peak continues to draw visitors.At least the sleepy giant doesn’t delay anyone’s flight home.AFP contributed to this report Facebook Comments
Related posts:Venezuela opposition drops deputies to break deadlock Venezuela pro-government political figure shot dead Venezuelan protests seek Maduro’s ouster Venezuelans fume after Nicolas Maduro filmed dining with celebrity chef ‘Salt Bae’ in Turkey CARACAS, Venezuela—Uncertainty reigned in Venezuela on Saturday after President Nicolas Maduro unveiled a major economic reform plan aimed at halting the spiraling hyperinflation that has thrown the oil-rich, cash-poor South American country into chaos.Ahead of a major currency overhaul on Monday, when Caracas will start issuing new banknotes on Monday after slashing five zeroes off the crippled bolivar, Maduro detailed other measures he hopes will pull Venezuela out of crisis.Those measures—revealed in a speech to the nation late Friday—include a massive minimum wage hike, the fifth so far this year.But analysts say the radical overhaul could only serve to make matters worse.“There will be a lot of confusion in the next few days, for consumers and the private sector,” said the director of the Ecoanalitica consultancy, Asdrubal Oliveros.“It’s a chaotic scenario.”The embattled Maduro, a former bus driver and union leader, said the country needed to show “fiscal discipline” and stop the excessive money printing that has been regular in recent years.The new currency, the sovereign bolivar—to distinguish from the current, and ironically named, strong bolivar—will be anchored to the country’s widely discredited cryptocurrency, the petro. Handout picture released by the Venezuelan Presidency showing President Nicolas Maduro presenting fresh currency in the framework of new economic measures, in August 2018. AFP Photo / Venezuelan PresidencyEach petro will be worth about $60, based on the price of a barrel of Venezuela’s oil. In the new currency, that will be 3,600 sovereign bolivars—signaling a massive devaluation.In turn, the minimum wage will be fixed at half a petro (1,800 sovereign bolivars), starting Monday. That is about $28—more than 34 times the previous level of less than a dollar at the prevailing black market rate.Maduro also said the country would have one fluctuating official exchange rate, also anchored to the petro, without saying what the starting level would be.As it stands, the monthly minimum wage—devastated by inflation and the aggressive devaluation of the bolivar—is still not enough to buy a kilo of meat.‘Plots’The International Monetary Fund predicts inflation will hit a staggering one million percent this year in Venezuela—now in a fourth year of recession, hamstrung by shortages of basic goods, and crippled by paralyzed public services.Maduro blames the country’s financial woes on opposition “plots” and American sanctions—but admits that the government will “learn as we go along” when it comes to the currency redenomination.Electronic transactions are set to be suspended from Sunday to facilitate the introduction of the new notes.Oil production accounts for 96 percent of Venezuela’s revenue — but that has slumped to a 30-year low of 1.4 million barrels a day, compared to its record high of 3.2 million 10 years ago. A customer shows Bolivar bills while at a gas station in Caracas where people queuing for petrol on August 17, 2018. AFP Photo / Federico ParraThe fiscal deficit is almost 20 percent of GDP while Venezuela struggles with an external debt of $150 billion.Venezuela launched the petro in a bid for liquidity to try to circumvent US sanctions that have all but stamped out international financing.But there’s a good reason the redenomination hasn’t generated renewed hope or investor confidence: Venezuela has done this before.Maduro’s predecessor Hugo Chavez stripped three zeroes off the bolivar in 2008, but that failed to prevent hyperinflation.Oliveros warned that the new bank notes will crumble “within a few months” if hyperinflation is not brought under control.According to economist Jean Paul Leidenz, Venezuela is trying to emulate Brazil, which replaced its old cruzeiro currency with the real in the 1990s after the former was destroyed by hyperinflation.But he said that will not work because of the government’s lack of fiscal discipline and financing.Cryptocurrency confusion Venezuelan President Nicolas Maduro(C) speaks in front of a computer used to mine crypto currency Ethereum at the International Science and Technology Fair (FITEC) in Caracas on December 3, 2017. AFP Photo / Venezuelan PresidencyCryptocurrency rating site ICOindex.com has branded the petro a “scam,” while the US has banned its nationals from trading in it.“Anchoring the bolivar to the petro is anchoring it to nothing,” said economist Luis Vicente Leon, director at polling organization Datanalisis.Right from the outset, it has not been clear how the petro would operate, nor what being backed by oil actually means.Maduro’s government is desperately grasping at straws to try to fix the country’s economic meltdown.Earlier this week, he announced a curb on heavily subsidized fuel in a bid to prevent oil being smuggled to other countries.Subsidies would only be available to citizens registering their vehicles for a “fatherland card” — which the opposition has decried as a mechanism to exert social control over opponents.Fuel subsidies have cost Venezuela $10 billion since 2012, according to oil analyst Luis Oliveros, but without them, most people would not be able to buy fuel. 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Airbnb said more than 1,000 companies have joined its new programme allowing business travellers to use the peer-to-peer-lodging service. Airbnb, the world’s leading community-driven hospitality company, recently announced that it signed 500 new companies to its ‘Airbnb for Business’ programme within 24 hours of launching the new global travel management suite.There are now more than 1,000 firms from at least 35 countries who have integrated the programme into their corporate travel plans. Among the companies joining the program are online storage firm Box, which now allows employees to use Airbnb accommodations, available in more than 190 countries. Facebook, Google, Salesforce and Eventbrite are also using Airbnb for corporate travel.“We were particularly impressed that Airbnb’s new Business Travel product suite allows you to uncover unique locations for temporary housing, team offsites and conventions where there is an opportunity to build closer working relationships by sharing accommodations in a casual and friendly environment. Like Box, Airbnb is making it easier for business users on the go and we’re looking forward to trying out the product and expanding our relationship,” said Jeff Mannie, VP, Controller and CAO at Box.“The corporate community’s response to our Business Travel program has been staggering and confirms our findings that business travellers increasingly want to redefine the business trip,” said Marc McCabe, Business Travel Lead, Airbnb. “The average business travel stay on Airbnb is 6.8 days, which shows how customers are looking for a mix of business and leisure, and often adding a weekend to explore a new destination.”Airbnb for Business helps companies of all sizes cater to their employees’ diverse travel needs. The program allows business travellers to directly book Airbnb accommodations and automatically expense them back to their employers. The recently introduced suite of travel management tools provide travel managers with visibility into employee travel itineraries, financial reporting data, and centralised billing to improve the business travel experience for all. The company was launched in 2008 and now has some 40 million users worldwide. Its valuation based on its latest funding round is some USD 25.5 billion.
in Daily Dose, Data, Featured, News, Secondary Market Is a new group of potential homebuyers on the horizon? According to Fannie Mae’s Perspectives report released Tuesday—the labor market characterized by the prevalence of short-term contracts or freelance work—known as the gig economy, is increasing.Utilizing Fannie Mae’s Q3 National Housing Survey, authors Tom Seidenstein and Sarah Shahdad, Market Insights Researchers for Fannie Mae’s Economic and Strategic Research Group, delve into data to grasp an understanding of gig economy workers’ attitudes towards homeownership.According to the survey, an estimated one-fifth of American adults have provided a service through the gig economy—and they generally have a positive perspective about their financial position overall and aspire to own a home. However, gig economy workers who rent have a more negative view than non-gig economy workers who rent when it comes to homeownership goals.The report notes that 44 percent of gig economy workers are between the ages of 18 and 34 years old—or millennials. As an expanding part of the workforce, they are mainly defined as college educated at 66 percent, full-time employed at 83 percent, and simply use gig economy to supplement their income, making about $50,000 or more per year in total. As a result, gig economy workers report increased household incomes.When it comes to views of renting vs. buying, the survey finds that “gig economy workers who rent are about as likely as other renters to prefer homeownership to renting, but they are less likely than other renters to think it is a good time to purchase a home or to say they will buy a home when they next move.”From a financial perspective among current renters, 63 percent of gig economy workers responded that owning a home is sensible, while 34 percent responded that renting makes more sense.The numbers experience a slight change when it comes to homeownership from a lifestyle perspective, as 54 percent of gig economy workers reported owning a home makes more sense, and 44 percent responded that renting is more practical.In terms of now being a good time to purchase a home, gig economy workers are less likely than other renters to become potential homeowners, with 52 percent responding that it’s a bad time to buy, and 40 percent responding it’s a good time to buy.A reflection of these numbers is that most gig economy workers who rent think it would be difficult to get a mortgage—at 68 percent—and attribute this to down payment and credit as the biggest challenges to getting one.“One area for further research is to determine to what extent current underwriting standards sufficiently account for the potential of gig economy income to supplement other full-time income sources,” Seidenstein and Shahdad write. “And the salience of this research question will grow if gig economy participation continues to grow.”To view the full report, click here. Fannie Mae gig economy HOUSING mortgage 2017-12-05 Nicole Casperson Gig Economy: The New Homebuyers? December 5, 2017 781 Views Share
by David Friend, The Canadian Press Posted Jun 2, 2019 2:27 pm PDT Follow @dfriend on Twitter.David Friend, The Canadian Press Amazon vies for a larger share of viewers with ‘channels’ service akin to cable AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to RedditRedditShare to 電子郵件Email TORONTO — Canadian television viewers will soon have another streaming option that looks very similar to a cable package.Amazon says it’s finalizing plans to make Amazon Channels available in Canada for the first time, giving its Prime Video subscribers (who pay $7.99 per month) the option to purchase from a selection of 12 channels of live and on-demand programming. The launch date still hasn’t been confirmed, though the company said it will be “soon.”It marks the first time cord cutters who have ditched traditional cable and satellite companies will have access to several popular channels, including kids’ broadcaster Nickelodeon, and multi-channel movie packages Super Channel and Hollywood Suite.There’s also StackTV, a juiced-up selection of TV channels that’s almost like a mini cable package in itself. For that bundle, subscribers will pay $12.99 per month for access to live and on-demand programs from a roster of 12 networks, including Adult Swim, Food Network, Global, Slice and Showcase, all owned by Corus Entertainment.A selection of existing streaming platforms round out the current lineup, including horror outlet Shudder, indie movie hub Sundance Now, reality TV chest Hayu and LGBTQ-centric OutTV, which can all be added to Amazon for a range of $3.99 to 6.99 per month for each channel.Starz, a new channel offering launched by Bell Media that’s also available on the Crave streaming platform, is $5.99 per month.The concept behind Amazon Channels isn’t much different than an “a la carte” cable bundle, and the company is pitching it as a way to centralize billing and passwords for the TV services you love through one provider. But the selection will be notably sparse when it launches — there’s no partnership with its major competitor Netflix, nor one with Crave, HBO Canada or Showtime.Also missing from the lineup are sports and news channels.Some broadcasters are sitting out the launch entirely, including CBC, Bell Media’s CTV and TSN, as well as Rogers-owned channels, which include Citytv and the OMNI multicultural stations.Greg Hart, vice president of Amazon Prime Video, said he’s hopeful that voids in the offering will be filled over time.“We’d love to have sports available… and we look forward to adding that,” he said in a phone interview.“Sometimes those are a little more complicated to bring off.”He pointed out that the U.S. version of Amazon Channels launched with about 25 channels before growing to a slate of more than 150, which include both traditional live feeds and streaming platforms.But the hurdles in Canada could prove more significant.Canadian broadcasters have spent years griping to the federal regulator about the increasing dominance of U.S. streaming giants, including the threat of Amazon’s colossal presence.In 2016, Mary Ann Turcke, who was Bell Media’s president at the time, expressed concerns over Amazon’s pending arrival as a streaming business. She said it would be more difficult for Canadian companies to acquire rights for the popular titles needed to satisfy subscribers if a giant like Amazon was in the bidding wars.Last November, the broadcasters ratcheted up their sentiment, telling Ottawa that Amazon Channels poses “an existential threat to the regulatory system.”Helene Laurendeau, deputy minister of Canadian Heritage, said in a memo to the Canadian Radio-television and Telecommunications Commission that virtual TV service providers “particularly Amazon Channels, (are) going to be even more disruptive to the Canadian broadcasting system than foreign streaming services.”She said Amazon Channels would effectively make “moot” the concept of “skinny basic” and “pick and pay” packages from TV service providers, and force any potential Canadian competitors with similar virtual TV services out of business.Hart rejected suggestions that Amazon Channels would be a threat to Canadian TV channels.“My point of view is it’s actually a great way for broadcasters to distribute their content,” he said.“It offers another outlet.”