Mourinho targets Atleticos Vrsaljko

first_imgJose Mourinho has reportedly named Atletico Madrid’s Sime Vrsaljko as a potential recruit for Manchester United this summer, claims The Daily MirrorThe Portuguese coach is keen to bolster his full-back options for the summer and is believed to be close to signing left-back Alex Sandro from Juventus.Arsenal’s Hector Bellerin had been a consideration as a long-term replacement for Antonio Valencia, but Mourinho’s interest in the Spanish right-back has now cooled.Instead, he is now preparing a £35m bid for the versatile Vrsaljko from Atletico.harry maguire, manchester UnitedMaguire says United need to build on today’s win George Patchias – September 14, 2019 Harry Maguire wants his United teammates to build on the victory over Leicester City.During the summer, Harry Maguire was referred to as the ultimate…Since joining from Sassuolo two years ago, the Croatian has struggled for to gain regular playing time under Diego Simeone after struggling to adapt in his first season.While Vrsaljko’s performances have improved, he has only managed to start 19 league games for Atletico this season.However, the 26-year-old has contributed four assists for the capital club and was chosen ahead of regular right-back Juanfran for last week’s Europa League final.last_img read more

Gattuso confirms Silva Kalinic will stay at Milan

first_imgAC Milan manager Gennaro Gattuso has confirmed that he intends to retain both Andre Silva and Nikola Kalinic for next seasonSilva joined the Rossoneri last summer from FC Porto in a €38m deal, but had only found the back of the net 10 times in his 40 appearances.Prior to joining Milan, the 22-year-old had scored 21 goals in 44 matches for Porto.Meanwhile, Kalinic completed a €25m move to Milan but he has appeared to be a mere shadow of the player he was during his time at Fiorentina and the Croatia international only scored six goals all season.Cristiano Ronaldo, JuventusSerie A Betting: Match-day 3 Stuart Heath – September 14, 2019 Considering there is a number of perfect starts so early in the Serie A season, as well as a few surprisingly not-so perfect ones….But, despite a lacklustre season from both of them, Gattuso intends to keep the pair at the San Siro.“Kalinic and Andre Silva? I hope that they will improve, Andre Silva has scored. All of you keep talking about an exit for them but we will hold onto them both, tightly,” said Gattuso, via Calcio Mercato.last_img read more

Burnley youth team sign 10 teenagers

first_imgDanny Cadamarteri’s youth team has recruited 10 teenagers who will start their two-year scholarships as part of the Burnley Under-18 squad.Cadamarteri has been looking to strengthen his youth team and bringing this 10 teenagers into the Turf Moor ranks is dream come true.Among the 10 new recruits, four of them already spent at least two years within the Clarets’ Academy set-up with a constant play for the Under-16s last season and the youth team.Mitchell George, Matthew O’Neill, Rhys Fenlon, Jon Conley have all progressed from within the Academy before joining up with the youth team.Part of them are: Harry Allen, Jaydon Major, Matty Rain, Kane Patterson, Udoka Chima and Edon Pruti and Joe Conn-Clarke.Academy Manager Jonathan Pepper said Lancashiretelegraph:Burnley FC v Manchester City - Premier LeagueMatch Preview: Burnley vs Liverpool Boro Tanchev – August 30, 2019 Premier League leaders Liverpool travel to Burnley for the Matchday 4 of the 2019-20 Premier League campaign.“We are really looking forward to the new intake of scholars coming in next season.“We have a large number of exciting attacking players to add to our existing group, as well as a whole new defensive line and goalkeeper to bolster the squad.“There will be a lot of competition for places for the U18s next season.”He added: “Nicky Law, in the recruitment department, has worked tremendously hard to bring in a number of players from outside to add to the players who have progressed through our own Academy.“The rise in the profile of the club, the elite training facilities and the growing reputation of the Academy has helped us recruit players from the top clubs in the country, as well as giving opportunities for players from lower levels the chance to develop.“I am looking forward to seeing the players integrate and develop as a group, and hopefully we will see individuals progressing onto the U23 Development Squad at some stage over the course of their scholarship”last_img read more

Brendan Rodgers full of praise for topclass Boyata

first_imgBrendan Rodgers has praised Dedryck Boyata for scoring the only goal of the game against Hamilton despite the negative reaction from Celtic fans.Boyata returned to the starting lineup at Parkhead after his controversial decision not to play in Celtic’s Champions League exit against AEK Athens in Greece.Fans were not happy with the player, as they displayed a banner that says ‘Boyata – not fit to wear the jersey’. However, in the 63rd minute, he tapped in from close range to win Celtic the game.“Obviously I would have preferred a different reaction but I am not going to criticise the supporters,” Rodgers told Sky Sports.“I will give credit to Dedryck and how he coped with it and you saw the [positive] reaction from probably three-quarters of the ground.“When you are trying to redeem yourself sometimes it takes a bit of time,” he added.Leicester City, Manchester UnitedMatch Preview: Manchester United vs Leicester City Boro Tanchev – September 13, 2019 Old Trafford is the venue for the Premier League encounter between Manchester United and Leicester City, which kicks off at 16:00 (CET) on Saturday.“Naturally supporters, the real passionate supporters, look for that commitment in the player, it is not always about ability. The reaction of three-quarters of the stadium plus his team-mates, you see we are all together.“It wouldn’t have been easy for him. I think he did all his talking on the pitch. I thought he was top-class, everything he had to do he did it with real quality, and of course he gets the winning goal.”“I am not thinking anything other than Dedryck being here,” said Rodgers.“He cruised the game today because he is a top-class player.last_img read more

Real Betis still the most Sevillian thing in Seville – Club

first_imgReal Betis have included the name of their home city in their title as they are proud to wear their colours, adding that Betis are ‘the most Sevillian thing in Seville’.On Wednesday night, the club president Angel Haro made the boasted with his comments as the club released their new third shirt where they showed a print of the skyline of the city, from the renovated Torre Sevilla in the city.“We are the largest and most representative social institution of Andalusia,” Haro told reporters, as cited by El Desmarque via Football Espana.“We are proud to wear the colours of our regional flag, green and white, and we represent it whilst doing so.Gerard Pique, Neymar, BarcelonaLa Liga Betting: Match-day 4 Stuart Heath – September 14, 2019 Despite it being very early into La Liga season, both Barcelona and Real Madrid have had unprecedented starts to their campaigns. With this in…“We are Real Betis Balompie Sevilla, yes, you heard right, Sevilla. This is how our administrative hallmark reads since the birth of our club.“That is why we are presenting this shirt with this spectacular view of the city, a shirt with the city’s landmarks shown.“We return to Europe with the name of Seville in our flag. We are the Betis of Seville and thus we like to be called in England Betis from Seville, in France Betis dans Sevilla, in Italy Betis de Siviglia.“It has always been like that and we are proud of it, Betis are the most Sevillian thing in Seville.”last_img read more

Cunningham hails Cardiffs deserved victory

first_imgCardiff City defender Greg Cunningham says hard work paid off for them in their shocking 1-0 victory at Leicester City on Saturday.Víctor Camarasa hit a stunning injury-time strike to hand the visitors their first away win of the season after James Madisson failed to score from the penalty spot.It was an impressive result for Cardiff City who moved further clear of the relegation zone, and Cunningham is proud of his team’s display at the King Power Stadium.“I don’t think he could have hit it any sweeter,” Cunningham told the club’s website, speaking of Camarasa’s goal.harry maguire, manchester UnitedMaguire says United need to build on today’s win George Patchias – September 14, 2019 Harry Maguire wants his United teammates to build on the victory over Leicester City.During the summer, Harry Maguire was referred to as the ultimate…“That’s the quality that he possesses and we’re very grateful to have somebody of his caliber at the Club.“Away from home it’s vital to stay as solid as possible and the longer we hold on, the more the opposition will get frustrated. They’re the home side and have added pressure to entertain their home fans.“Everyone’s been working so hard and putting a shift in and it’s a deserved result.”last_img read more

FOLIO Roadshow Returns to West Coast Next Week

first_imgThere are new channels, new formats, new expectations and new opportunities. And the basic relationship between content creators and content consumers has evolved.  To stay at the top of your game and keep your brand’s content-creation efforts at the center of your market, you’ll need to understand the new landscape, as well as what’s coming. We hope you can join us next week in San Francisco. Check out our full brochure here. FOLIO:’s C2 roadshow—our content and community tour—is returning to the West Coast on December 4th in San Francisco. The tour, which has already made two successful stops in Los Angeles and New York, aims to take FOLIO:’s unique angle on the magazine media industry to the back yards of publishers looking for tactical assistance in an increasingly fragmented content world.  FOLIO: editor Bill Mickey and general manager Tony Silber will be hosting a one-day training workshop for editors, publishers and content creators. The summit is designed to help brands amplify their message, tap new technologies and build community. Top trends and exclusive research will be analyzed and this year’s biggest success stories will be dissected as case studies for taking your business to the next level in 2013.The program has been designed to have an interactive element—a combination of traditional presentations plus group exercises and peer-to-peer sharing. last_img read more

Angela Aguilar Aida Cuevas Natalia Lafourcade Sang A Powerful Rendition Of La

first_img Prev Next Email Angela Aguilar, Aida Cuevas & Natalia Lafourcade Sang A Powerful Rendition Of “La Llorona” At The 2019 GRAMMY Premiere Ceremony 61st GRAMMY Awards: Full Nominees & Winners List 61st GRAMMY Awards Relive GRAMMY Week 2019 In Pictures Backstage At The 2019 GRAMMYs | Photo Gallery Facebook 5 Ways BTS Won Our Hearts At The 2019 GRAMMYs 61st GRAMMYs: Here’s Your Apple Music Playlist Brandi Carlile, H.E.R. To Play The 61st GRAMMYs The three women graced the stage immediately prior to the 61st GRAMMY Awards on Sunday, Feb. 10 on CBSRachel BrodskyGRAMMYs Feb 10, 2019 – 3:32 pm Three immensely talented women took the 2019 GRAMMY Premiere Ceremony stage on Sunday, Feb. 10: 15-year-old nominee Angela Aguilar, who is nominated for Best Regional Mexican Music Album, took the stage with Aida Cuevas and Natalia Lafourcade performed “La Llorona” (translated to “The Weeping Woman.” Cardi B, Post Malone Among 2019 GRAMMYs Performers Who Will Voters Pick For Best Pop Album? BTSPhoto: Kevin Mazur/Getty Images Who Will Voters Pick For Best Latin Pop Album? Photo: Michael Loccisano/Getty Images Photo: studioEAST/Getty Images Meet The GRAMMY Man: How GRAMMYs Are Made 61st GRAMMYs: Here’s Your Apple Music Playlist In Latin American folklore, “La Llorona” is said to be the ghost of a woman who lost her children and cries while searching for them in the river, which ultimately causes misfortune to those who are near or hear her. “Ranchera music does something to you that I don’t think a lot of genres can do,” Aguilar told the Recording Academy in an exclusive interview. “Some songs are made to listen to in the background, some songs are [made] just to dance to, some songs are [made for you] to feel something and I feel like almost every ranchera song is made for you to feel something.”Meet The First-Time GRAMMY Nominee: Angela Aguilar On Her Culture And Family LegacyWatch the 61st GRAMMY Awards on Sunday, Feb. 10 on CBS. Record Of The Year 61st GRAMMY Award Nominees 5 Ways BTS Won Our Hearts At The 2019 GRAMMYs 2019 GRAMMY Awards Premiere Ceremony Kacey MusgravesPhoto: Kevin Mazur/Getty Images Meet The GRAMMY Man: How GRAMMYs Are Made Who Will Voters Pick For Best Pop Album? 2019 GRAMMY Awards Red Carpet Who Will Voters Pick For Best Rap Performance? 2019 GRAMMY Awards Red Carpet Amy Winehouse Best New Artist winner for 2007 | Photo: Peter Macdiarmid/Getty Images Who Is Eligible For The Best New Artist GRAMMY? 2019 GRAMMY Awards Telecast | Photo Gallery Photo: studioEAST/Getty Images Artists React To Their 2019 GRAMMY Nominations Photo: Michael Loccisano/Getty Images John BillingsPhoto: Jesse Grant/WireImage/Getty Images Meet The GRAMMY Man: How GRAMMYs Are Made Who Will Voters Pick For Best Latin Pop Album? NETWORK ERRORCannot Contact ServerRELOAD YOUR SCREEN OR TRY SELECTING A DIFFERENT VIDEO Feb 10, 2019 – 3:34 pm Natalia Lafourcade “La Llorona”:GRAMMY Performance Brandi Carlile, H.E.R. To Play The 61st GRAMMYs Photo: studioEAST/Getty Images BTSPhoto: Kevin Mazur/Getty Images News Record Of The Year 61st GRAMMY Award Nominees Poll: Who Do You Want To See On The Red Carpet? Amy Winehouse Best New Artist winner for 2007 | Photo: Peter Macdiarmid/Getty Images 61st GRAMMY Awards: Full Nominees & Winners List John BillingsPhoto: Jesse Grant/WireImage/Getty Images Photo: Michael Loccisano/Getty Images 2019 GRAMMY Awards Telecast | Photo Gallery Cardi BPhoto: Dan MacMedan/WireImage Read more Brandi Carlile, H.E.R. To Play The 61st GRAMMYs Record Of The Year 61st GRAMMY Award Nominees John BillingsPhoto: Jesse Grant/WireImage/Getty Images TLC Photo: Alison Buck/Getty Images 5 Ways BTS Won Our Hearts At The 2019 GRAMMYscenter_img Who Will Voters Pick For Best Latin Pop Album? Relive GRAMMY Week 2019 In Pictures Backstage At The 2019 GRAMMYs | Photo Gallery Twitter Poll: Who Do You Want To See On The Red Carpet? TLC Photo: Alison Buck/Getty Images Poll: Who Do You Want To See On The Red Carpet? Lady GagaPhoto: Christopher Polk/Getty Images Cardi BPhoto: Dan MacMedan/WireImage Artists React To Their 2019 GRAMMY Nominations Best New Artist Nominees Revealed | 61st GRAMMYs H.E.R.Photo by Prince Williams/Wireimage 2019 GRAMMY Awards Premiere Ceremony Artists React To Their 2019 GRAMMY Nominations Best New Artist Nominees Revealed | 61st GRAMMYs Who Will Voters Pick For Best Rap Performance? Watch Angela Aguilar At The Premiere Ceremony angela-aguilar-aida-cuevas-natalia-lafourcade-sang-powerful-rendition-la-llorona-2019 Who’s Nominated For Song Of The Year? Poll: Who Will Voters Choose For Best Rap Album? Who Will Voters Choose For Best Alternative Album? Best New Artist Nominees Revealed | 61st GRAMMYs TLC Photo: Alison Buck/Getty Images 61st GRAMMY Awards: Full Nominees & Winners List 61st GRAMMYs: Here’s Your Apple Music Playlist H.E.R.Photo by Prince Williams/Wireimage BTSPhoto: Kevin Mazur/Getty Images Cardi B, Post Malone Among 2019 GRAMMYs Performers Cardi BPhoto: Dan MacMedan/WireImage Album Of The Year vs. Record Of The Year Explained 2019 GRAMMY Awards Red Carpet Who Will Voters Pick For Best Rap Performance? Amy Winehouse Best New Artist winner for 2007 | Photo: Peter Macdiarmid/Getty Images Album Of The Year Nominees | 61st GRAMMY Awards Album Of The Year vs. Record Of The Year Explained Album Of The Year Nominees | 61st GRAMMY Awards 2019 GRAMMY Awards Premiere Ceremony Who Will Voters Pick For Best Pop Album? Who Will Voters Choose For Best Alternative Album? Album Of The Year vs. Record Of The Year Explained Poll: Who Will Voters Choose For Best Rap Album? Kacey MusgravesPhoto: Kevin Mazur/Getty Images Lady GagaPhoto: Christopher Polk/Getty Images Who Is Eligible For The Best New Artist GRAMMY? H.E.R.Photo by Prince Williams/Wireimage Who Will Voters Choose For Best Alternative Album? Who’s Nominated For Song Of The Year? Kacey MusgravesPhoto: Kevin Mazur/Getty Images Cardi B, Post Malone Among 2019 GRAMMYs Performers Who’s Nominated For Song Of The Year? Relive GRAMMY Week 2019 In Pictures 2019 GRAMMY Awards Telecast | Photo Gallery Who Is Eligible For The Best New Artist GRAMMY? Poll: Who Will Voters Choose For Best Rap Album? Lady GagaPhoto: Christopher Polk/Getty Images Backstage At The 2019 GRAMMYs | Photo Gallery Album Of The Year Nominees | 61st GRAMMY Awards last_img read more

Origin PC acquired by Corsair so you dont have to build your

first_img Share your voice Computers Computer Accessories Laptops Gaming Tags Comments Corsair just bought Origin PC.  Corsair PC gamers might have a lot to look forward to. Corsair, a computer peripherals and hardware company, on Wednesday said it’s acquired Origin PC. Origin PC specializes in hand-built, personalized computers designed to optimize the gaming experience. The companies plan to expand Corsair’s iCUE software ecosystem into Origin PC’s systems, according to a press release. Corsair says this will offer gamers systemwide lighting synchronization and performance monitoring. In addition, the new range of Corsair Hydro X Series custom cooling will soon be found in select Origin PC systems.Financial terms of the deal weren’t revealed, but Corsair said Origin will remain a separate brand. All existing warranties, purchases and support are unaffected, according to the release. Corsair will continue producing its own product line — Vengeance PC, Corsair One and the Corsair One Pro — and brands. Andy Paul, founder and CEO of Corsair, said one of the reasons the company acquired Origin PC was the desire to reach more North American customers who wanted to buy systems, not build them. “With Origin PC’s expertise in personalized custom gaming systems and Corsair’s strength in performance PC hardware and the iCUE software ecosystem, we’re excited to combine our efforts to create new world-class gaming experiences for PC gamers,” Paul said in the release.Origin PC CEO Kevin Wasielewski said Corsair was a “fantastic partner” to help the company move forward. “With a complete range of enthusiast PC products, Origin PC and Corsair are uniquely placed to create amazing new systems that make the experience of owning a personalized custom gaming PC better than ever,” Wasielewski said in the release.  2 Now playing: Watch this: 1:30 Origin PC brings a 16-inch gaming laptop to CES 2019last_img read more

Infosys to hire 10000 Americans in the next two years build four

first_imgInfosys campus in Bengaluru.Reuters FileInfosys said on Tuesday that it will be stepping up its local hiring in the US and set-up four technological hubs in the country in line with the comments company made after the declaration of Q4 and FY2017 results recently. The recruitment will be staggered over two years.”Infosys is committed to hiring 10,000 American technology workers over the next two years to help invent and deliver the digital futures for our clients in the United States,” Vishal Sikka, Chief Executive Officer, Infosys, said in a statement.The four hubs will focus on technology and innovation, apart from serving clients in key industries such as financial services, manufacturing, healthcare, retail and energy and more. The first such hub will open in Indiana in August 2017.”In helping our clients improve their businesses and pursue new kinds of opportunities, we are really excited to bring innovation and education in a fundamental and massive way to American workers. New advances in technology – artificial intelligence, in particular – are radically transforming our world, and it is within our reach to learn these new technologies and to be the innovators and entrepreneurs who bring solutions based on these technologies to our clients in all industries,” Sikka added.Eric J Holcomb, Indiana governor, said the move will benefit the state in a big way.”It’s so good to welcome Infosys to Indiana, and to expand our growing tech ecosystem with the addition of their estimated 2,000 Hoosier jobs. I look forward to working with Infosys to elevate Indiana to the next level,” he said.Infosys had over 2 lakh employees as of March 31, 2017; the nationality-wise break-up was not available.The announcment is significant in the context of the ongoing developments in the US that has tightened the norms for issuing H-1 B visas. Infosys shares were trading 0.18 percent down at Rs 918 apiece on the BSE on Tuesday.last_img read more

Angry students on Dhaka streets since morning

first_imgStudents took to the street Tuesday in demonstration against the death of two students in a road crash in Dhaka Sunday. File photoAgitating students from different schools and colleges blocked key intersections on Wednesday morning in the capital Dhaka, protesting against the killing of two college students in a road crash on Airport Road on Sunday.The students’ demonstration largely disrupted movement of traffic in most parts of the city.The protesters also demanded resignation of the shipping minister Shajahan Khan for patronising ‘unlicensed’ drivers and showing misdemeanor after the death of the two students.The students of Government Science College, Dhaka took to the street in Farmgate area Wednesday morning.Students also held processions across Mohammadpur around 9:00am.Many people were seen moving on foot to reach their destinations in Mirpur. Those who have a far destination like Gulistan or Old Dhaka were seen waiting for buses.On Sunday, Diya Khanam Mim and Abdul Karim Rajib, students of the college section of Shaheed Ramiz Uddin School and College, were killed as a ‘Jabal-e-Noor Paribahan’ bus ploughed through some students in front of Kurmitola General Hospital on Airport Road.last_img read more

Baltimore Officer Dies of Drug Overdose

first_imgBy Michelle Richardson, Special to the AFROBaltimore City Police have confirmed the death of one of their own, Monday morning.According to Baltimore Police, 25-year-old Jospeh Banks Jr of the 4000 block of Moravia Road, died Friday of an apparent drug overdose.Medics received a call from the Tim’s Motel in the 4400 block of Washington Boulevard in Halethorpe, a little after 3:00 a.m. for the report of an unconscious male.Baltimore police officer Joseph Banks Jr., 25, died of an apparent drug overdose Feb. 25. (Courtesy Photo)When medics arrived, they found officer Banks unresponsive. After several unsuccessful attempts to revive the officer, he was pronounced dead on the scene.A woman, only identified as Officer Banks girlfriend at the scene, told police that she and Banks had been using drugs throughout the day when Banks used the last of his drugs around 11:00 p.m; that is when she noticed the officer making noises as if he was struggling to breathe.The woman told police that she called a friend for Narcan but was unable to administer it. Narcan is the controversial drug that reverses the affects of overdoses.Four hours later, she called police.It is not known why she was unable to administer the Narcan.According to the police report, heroine and opioids were found at the scene.Also noted in the police report, Officer Banks and the unidentified female were both bruised and bloody from an apparent physical altercation.Officer Banks was arrested in October 2018 for an assault charge in Anne Arundel County at a motel where he was living with a woman, according to online court documents.It is unclear if this is the same woman in both cases.Banks had been on the force for six years and was assigned to Juvenile booking and intake.At the time of his death, Banks was suspended from the force and The Afro has also learned that his father is also a Baltimore Police Officer.It is not clear if Banks was suspended stemming from his arrest in October 2018.Banks, who was a graduate of Merganthaler-Vocational Technical high School, also known as Mervo.“Rest in heaven Joseph #mervopride forever. I am so sorry this happened to you”, said a classmate on Facebook.“We are deeply saddened by Officer Banks death. Out of respect to him and his family, we will not comment further”, said a Baltimore Police PIO in a released statement.last_img read more

Your Apple Watch May Not Be as Safe as You Think

first_img The Apple Watch lacks a key feature other devices from the company have that help deter theft, one tech website found.Apple’s iOS devices have a feature called Activation Lock that basically prevents a person from completely wiping the device without the Apple ID and password of the original owner. This function is aimed at helping dissuade thieves from stealing a device in the first place because they can’t completely reset it.However, the Apple Watch OS 1.0 does not currently have this feature. So if someone gets their hands on your Apple Watch they are capable of completely resetting the device so that it can be paired with a new iPhone.As first mentioned in idownloadblog.com, this isn’t necessarily a problem from a data standpoint, but rather it’s a security problem because it makes the already highly desired smartwatch even more of a target for thieves since it can be easily wiped and resold clean.Apple didn’t respond to a request for comment.Read the full report on idownloadblog.com. Growing a business sometimes requires thinking outside the box. Register Now » Free Webinar | Sept. 9: The Entrepreneur’s Playbook for Going Global May 15, 2015 This story originally appeared on CNBC 1 min readlast_img read more

Local superintendent joins Rep Bumstead for State of the State

first_img Categories: News 21Jan Local superintendent joins Rep. Bumstead for State of the State State Rep. Jon Bumstead, R-Newaygo, was joined on the House floor by his guest, Stiles Simmons (left), at the governor’s State of the State address. Simmons is the superintendent of Baldwin Community Schools in Lake County.The governor outlined his plans for his second term during the annual speech.###last_img

In This Issue BLS reports 171000 new jobs Bi

first_imgIn This Issue.*BLS reports 171,000 new jobs. *Bias to buy dollars intensifies. *RBA to announce a rate cut this afternoon. *Euro falls though 200-Day moving avg.And, Now, Today’s Pfennig For Your Thoughts!Who Is The BLS Attempting To Fool?Good day.  And a Marvelous Monday to you! The last day before the Big Election Day here in the U.S. I hope you all enjoyed the Big Boss, Frank Trotter’s, analysis of the election, in the Sunday Pfennig & Pfriends. On top of all the other things that Frank does better than most people, he also writes! He will be able to fall back on that when he retires one day. And he’ll be better than anyone else doing it at that time!Now, you may think I’m just trying to build up some brownie points with the Big Boss. But I’ve told him this to his face for years now, and have invited him to participate in the Pfennig, whenever he feels like it. Besides, at my age, I’ve learned that those brownie points don’t really matter when the rubber meets the road!OK. On Friday, I told you that the bias to buy dollars was strong, and that traders were pricing in a disappointing Jobs Jamboree. However, a funny thing happened on the way to the forum. Instead of a disappointing Jobs number for October, the number was questionable once again. Yes, I’ll just throw that out there, and get it on the discussion board, Front & Center this morning.  Oh! And traders changed horses in the middle of the stream, and decided that the number of jobs created was worth switching their reason to buy dollars.So. The Bureau of Labor Statistic (BLS) said that the economy added 171,000 jobs in October.  Here’s what questionable. of the 171,000, 90,000 were added by the BLS for the birth/ death adjustment.  Now, why do I say that 90,000 jobs added out of thin air, is questionable?  Well, long time readers know that the Birth / Death Model, tries to account for new businesses that open up and aren’t online with reporting jobs yet. (they also are supposed to subtract for businesses that close). And just last week I reported to you that CEO’s had reported that they were laying off and firing large numbers of workers. So, if little old me came across that story, they had to have at least “heard about it” at the BLS, right?  So, then, why would they add 90,000 jobs knowing all too well that more jobs are being lost right now?So, here’s how my mind works.  171,000 minus 90,000 and you get 81,000, which is much closer to the 111,000 I called for on Friday, and. would be considered disappointing, right?  And then to just muddy up the picture even more. The BLS tells us 171,000 jobs were added but the Unemployment Rate increased to 7.9% from 7.8%…  (remember last month, the BLS said we added 114,000 jobs and the unemployment rate fell from 8.1% to 7.8%?)  is your mind spinning around and performing carnival tricks in an attempt to make sense of this Unemployment Rate? Mine is. and that’s why I say the BLS just throws a dart at numbers on the wall to get the rate!OK. if only I could hold to my thought from a month ago that I was not going to let any economic data report that printed before the election carry any weight. Unfortunately, the markets were all over this BLS Jobs data like a cheap suit. So. since I write about the markets, I have to spend time on this. I don’t buy the number. You can’t make me! HA!So. like I said above, currency and metals traders decided to change horses in the middle of the stream, and switched back to the trading pattern that rewards the dollar for strong U.S. economic data.   I think that the overnight markets that were gone for the weekend when the Jobs number printed on Friday, saw this data last night when they returned to their desks, they laughed. The chuckled and probably fell out of their chairs. But, then, they pulled themselves back up, and decided to keep the bias to buy dollars in place.Then in the morning sessions of Europe, the traders there kept the bias to buy dollars in place. The euro has really taken it on the chin in the past week. And there really hasn’t been any news from the Eurozone to make the euro lose 2-cents in the past week. Greece’s Gov’t will present a new austerity package to the Greek Parliament today, with a vote announcement expected on Wednesday. I look for this new package to pass. Look, Greece really has no choice, except to drop out of the euro and default.  So, the Greeks might not like being told that these austerity measures are coming, but there’s not much they can do about, except burn down the library.Tonight, the Reserve Bank of Australia (RBA) will meet. and even though I’ve been telling you how the aggressive calls to cut rates in 2013, have been getting pared back, that doesn’t change what the markets had already priced in. and that is one final cut for 2012. And I believe we’ll see that tonight. The markets are probably thinking the rate cut will come in December, as they are marking up the Aussie dollar (A$) (one of the few currencies in the black this morning) this morning. But. I believe it will come this afternoon. so look for that. but remember, this cut is already priced in. so the actual pain to the A$ will be muted. at least that’s my opinion, and I could be wrong.Well. I really don’t believe that much that happens today and tomorrow, data wise, is going to garner much attention, as all eyes are on the U.S. election tomorrow. I was watching some football yesterday, and the announcers for the Washington Redskins and Carolina Panthers game, said that since 1940, the outcome of the Redskins’ game prior to the election had been the indicator of who wins 17 of 18 times. So. if the Redskins won, the incumbent won, if the Redskins lost the challenger won. Well. if that means anything to you. the Redskins lost yesterday.Funny little indicators always intrigue me, I have no idea why. I guess it plays well with my loving a good conspiracy theory!  I just know that I’ll be so happy to not see election ads on the TV going forward.So, I already told you about the RBA meeting tonight, but that’s not all for this week! We’ll also see the Central banks of the Eurozone (ECB) and the U.K. (BOE) meet this week. I really don’t believe the ECB will have any rabbits up their sleeve, but the BOE could very well, add to their current total of Quantitative Easing (QE).  The outcomes for the euro and the pound sterling won’t be driven by the Central Bank meetings this week though.  But there’s always that “chance”, eh?I’ve watched the price of Gold go from down $1 to up $2.75 this morning, not much movement, not like the further taking down of the shiny metal last week. Did you see the story that appeared late last week that Gold is in short supply in Nepal, and that bullion traders had stopped sales of Gold bars and coins due to a failure by the commercial banks to deliver supply.  Hmmm. and price of Gold fell?  Supply & demand.  What don’t the price manipulators understand?  This is a crying shame that this gets to continue on and on and on, like the Energizer Bunny.The price of Gold is still above the 200-day moving avg, so the shiny metal has that going for it! But, you have to wonder if the price manipulators (PM’s) have the goal of taking down the price of Gold below that 200-day moving avg?  Hey! If you’re not going to get your wrists slapped for doing the deed, then you just continue doing the deed, eh? You betcha!  And like I’ve said before the PM’s would get their due if we could muster up enough demand for physical Gold & Silver. It’s got to be physical, not ETF’s. Folks, those ETF’s are not Physical Gold. and you can’t get physical Gold out of them!The euro fell below its 200-day moving avg overnight (1.2830) to trade in the 1.27 handle.  It’s not been a good year for the euro, as it spent the first 8 months of the year below the moving avg, and then things looked brighter, and the last two months it traded above the moving avg.  This move lower could be the beginning of another period of euro weakness folks. I would watch carefully for that. for this is what normally happens when a currency recovers, and then can’t add to that recovery, it eventually goes for a ride on the slippery slope.Then There Was This. I have a good friend that goes back to my days at Mark Twain Bank. her name is Ellie, and she has an excellent mind for investments (and other things!) she has written a couple of books on investing through the years.. Well, when Ellie sees something that makes a lot of sense, she sends it to me.. As so it was on Saturday, when I received an email from Ellie.  It was my friend John Mauldin’s outside the box article. Here’s a snippet from investment analyst guru, Charles Gave. “So the solution to our current malaise is very simple: We have to stop now. Reduce government spending, stop manipulating money, let market pricing return – or the result will be a vicious cycle of low growth and rising debt, or certain depression.The choice is just as simple for investors: Stick with countries that have avoided the worst of the bad policies, like Canada, Sweden, Denmark, Poland, Switzerland, Australia, New Zealand, Singapore, Hong Kong or even Korea. All of these countries either kept fiscal balances and taxes low (or started reducing them), and/or regulated their financial systems to prevent casino madness.Consider certain countries that are improving on the margin. This includes the UK. It also includes China, which is opening its capital account and liberalizing its financial system. “Chuck again. Thanks to Ellie for sending this to me, and thanks to Charles Gave for his thoughts on what needs to happen here in the U.S. and then some choices as alternatives should the U.S. continue down this vicious cycle.To recap. The bias to dollars that existed Friday, was given a boost as the Jobs Jamboree as reported by the BLS showed a rise of 171,000 jobs in October. I say hogwash! But it is what it is.  The RBA meets tonight, and Chuck expects to see a rate cut tonight. The BOE and ECB also meet this week, with only more QE to be announced by the BOE. Greece presented a new austerity package to the Parliament for a vote Wednesday. And Gold gets taken down again.Currencies today 11/5/12. American Style: A$ $1.0360, kiwi .8240, C$ $1.0035, euro 1.2780, sterling 1.5980, Swiss $1.0590, . European Style: rand 8.7365, krone 5.7495, SEK 6.7060, forint 221.05, zloty 3.2265, koruna 19.7405, RUB 31.70, yen 80.25, sing 1.2255, HKD 7.75, INR 54.60, China 6.2447, pesos 13.06, BRL 2.0335, Dollar Index 80.83, Oil $84.87, 10-year 1.69%, Silver $31.07, and Gold. $1,682.40That’s it for today. Happy Birthday Rachel! Ugly steel gray days with raw temperatures, are back for us all to enjoy (NOT!) Typical November. My poor Missouri Tigers outplayed Florida throughout their game last Saturday, but managed to lose it anyway. UGH! Next up is Tennessee this week. Still no hockey. I got out my Blues baseball cap in hopes it will be good luck for a settlement!  Fat chance, eh?  Well. time to go. last day before the election. Like I said I’ll be glad to see it over with! Hopefully we won’t having any hanging chads or any other nonsense with voting fraud. I hope you have a Marvelous Monday!Chuck Butler President EverBank World Markets 1-800-926-4922 www.everbank.comlast_img read more

Fed Chair Says this is Americas 1 Threat leaked

first_img Fed Chair Says this is America’s #1 Threat [leaked in CA mtg] Imagine the secrets Fed chairwoman Janet Yellen is privy to: thwarted bank runs, interest rate spikes… the truth behind major swings in gold prices. So when she confessed America’s #1 risk at a private meeting in California, it’s no surprise word leaked out. She says this event could lead us into a “devastating spiral.” We at Casey Research believe it has already started. Click here for the full story. Recommended Links – — Companies are hiding more from you than you realize… Back in the late 90s, energy company Enron was a Wall Street darling. From 1998 to 2000, its stock surged 342%. It became America’s seventh biggest corporation…but the company was a farce. Management used shady accounting to inflate its sales and profits. When the fraud came to light, Enron’s stock plummeted. In 2001, it filed for bankruptcy. • In April, former Enron CEO Andy Fastow issued a serious warning… Fastow was one of the main actors in the Enron scandal. He spent six years in jail for his crimes. According to Fastow, many corporate executives are now doing what he did at Enron. He even accused tech giant Apple (AAPL) of misleading investors. Business Insider reported: His point – an entirely correct one – is that the world’s largest company today is engaged in tax dodging behavior that, while perhaps technically legal, is clearly designed to increase profits and inflate the stock by misleading and confusing regulators (and perhaps investors) via a massively complex web of entities – exactly what he did at Enron! And this is 100% routine, common behavior among most large US companies. Some people might find Fastow’s claim ridiculous. He is a convicted felon, after all. But Casey readers know better than to trust Corporate America. • Regulators have accused Valeant (VRX) and SunEdison (SUNE) of similar crimes… You’ve probably heard about the drug maker Valeant and the renewable energy company SunEdison. Their downfalls have been two of the year’s biggest investing stories. Like Enron, both companies were hot investments. From January 2013 to July 2015, Valeant gained 332%. SunEdison’s stock surged 892% over the same period. Like Enron, both companies used “creative accounting.” According to The Wall Street Journal, the Securities and Exchange Commission (SEC) is investigating whether “SunEdison misrepresented its cash position to investors as its stock collapsed.” Valeant is under investigation for its pricing and accounting practices. And like Enron, both stocks have crashed. SunEdison plunged 99% before it announced plans to file bankruptcy. Valeant’s stock has plummeted 89%. • The mainstream media paints Valeant and SunEdison as a couple “bad apples”… According to most reports, it’s rare for public companies to pull tricks on investors. But if you’ve been reading the Dispatch, you know that’s not true. For the past few months, we’ve been telling you about the huge surge in share buybacks. A share buyback is when a company buys its own stock from shareholders. Buybacks reduce the number of shares that trade on the market. This boosts a company’s earnings per share, which can lead to a higher stock price. But buybacks do not actually improve the business. They just make it look better “on paper.” According to research firm FactSet, 76% of the companies in the S&P 500 bought back their own shares between November and January. Most companies used debt to pay for these buybacks. The Wall Street Journal reported last week: The biggest 1,500 nonfinancial companies in the U.S. increased their net debt by $409 billion in the year to the end of March, according to Société Générale, using almost all—$388 billion—to buy their own shares, net of newly issued stock. Companies have become far and away the biggest customer for their own shares. • Companies are also using “financial engineering” to make their businesses appear healthier… Financial engineering is when companies use accounting tricks to goose their sales, profits, or cash on the balance sheet. It’s how Enron, Valeant, and SunEdison hid problems from investors. Many other companies are doing similar things… As you may know, U.S. corporations are required to report “GAAP” earnings per share. GAAP-based earnings comply with accepted accounting guidelines. A growing number of companies are also reporting “adjusted” earnings that do not comply with GAAP. Many companies use adjusted earnings to strip out “temporary” factors like the strong dollar or a warm winter. Management decides what to leave out and include when measuring adjusted earnings. • Two-thirds of the companies in the Dow Jones Industrial Average report adjusted earnings… In 2014, adjusted earnings were 12% better than GAAP earnings. Last year, they were 31% better. Companies say adjusted earnings give a more complete picture of their business. But it’s becoming obvious that companies are using non-GAAP earnings to hide weaknesses. As Dispatch readers know, the U.S. is in its weakest “recovery” since World War II. Europe, Japan, and China are all growing at their slowest pace in decades too. With the economy so weak, many companies have had to “get creative” to grow earnings. • Sales for companies in the S&P 500 have fallen four straight quarters… Earnings are on track to decline a fourth straight quarter. That hasn’t happened since the 2008-2009 financial crisis. These results would be even uglier if companies didn’t report adjusted earnings. You see, it’s much easier for companies to mask weak sales or profits when the economy is growing. When the economy slows, those problems become too big to hide. Right now, the global economy is clearly slowing. So expect to hear about more “Enrons” in the coming months.center_img Regards, Justin Spittler Delray Beach, Florida May 10, 2016 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. • The stock market is a dangerous place to put your money right now… If you’re going to invest in stocks, keep three important things in mind… You should avoid investing in businesses you don’t understand. Many hedge funds wish they had followed this advice with Valeant and SunEdison… Despite these companies’ complex and unclear business models, some of the largest hedge funds in the world invested in them. This earned Valeant and SunEdison the nickname “hedge fund hotels.” We also encourage you to avoid companies with a lot of debt. These firms will struggle to pay the bills as the economy worsens. Finally, we recommend you steer clear of companies that need buybacks to increase earnings. Buybacks can give stocks a temporary boost, but they’re no way to grow a business. In short, money spent on buybacks is money not spent on new machinery, equipment, or anything else that can help a company grow. It’s especially a poor use of cash when stocks are expensive…like they are today. • We encourage you to set aside cash and own physical gold… A cash reserve will help you avoid big losses during the next big selloff. It will also put you in a position to buy world-class businesses for cheap after the “rotten apples” are exposed. Physical gold is another proven way to defend your wealth. Gold has served as real money for centuries because it has a rare set of qualities: It’s durable, transportable, easily divisible, has intrinsic value, and is consistent across the world. It’s also protected wealth through the worst financial crises in history. Investors buy it when they’re nervous about stocks or the economy. This year, gold is up 22%. It’s at its highest level since January 2015. For other proven strategies to protect your money from a stock market crash, watch this short video. In it, you’ll learn how to fully “crisis proof” your wealth. Click here to view this free presentation. Chart of the Day The U.S. stock market is wobbling on one leg… Dispatch readers know buybacks have been a major driver of U.S. stocks. Since 2009, S&P 500 companies have shelled out more than $2 trillion on buybacks. As noted, buybacks can make earnings look better “on paper.” They can also prop up share prices. With the economy slowing and earnings in decline, buybacks have been one of the things keeping stocks afloat…but even that’s starting to give way. Today’s chart compares the performance of PowerShares Buyback Achievers Fund (PKW) this year versus the S&P 500. PKW tracks companies that bought back more than 5% of their shares over the past year. Holdings include McDonald’s (MCD), Lowes (LOWE), and Macy’s (M). From March 2009 to May 2015, PKW gained 314%. The S&P 500 rose 215% over the same period. Since then, PKW has fallen 10%. The S&P 500 is down 3%. Investors appear to be losing confidence in companies that buy a lot of their own stock. That’s a big problem for the stock market, which is showing major signs of weakness. Rickards: “Don’t Buy A Single Ounce Of Gold…” **This is an URGENT warning from Jim Rickards.** If you’ve seen the writing on the wall, like me, you know that gold could soon hit $10,000 per ounce. However, today I’m urging you NOT to buy a single ounce of gold till you read what I have to say. Click here for access to my urgent gold announcement.last_img read more

Ministers on the Isle of Man are to scrap their ve

first_imgMinisters on the Isle of Man are to scrap their version of the UK government’s much-criticised “fitness for work” test, prompting calls by disabled activists for the UK government to follow their lead.The decision, announced to members of Tynwald, the Isle of Man* parliament (pictured), follows years of criticism of the assessment on the island, mirroring concerns raised repeatedly and publicly in the UK.The statement by Treasury minister Alfred Cannan followed a report by Tynwald members into what is known on the island as the personal capability assessment (PCA), which is based on the UK’s work capability assessment (WCA).In the UK, there has been nearly a decade of evidence that the WCA is unsafe, inaccurate, unfair, and lacking in empathy, while it has been repeatedly linked with the deaths of claimants.In November 2015, public health experts from the Universities of Liverpool and Oxford showed in a study that, across England, the process of reassessing incapacity benefit claimants through the WCA between 2010 to 2013 was “associated with” an extra 590 suicides, 279,000 additional cases of self-reported mental health problems, and the prescribing of a further 725,000 anti-depressants.Concerns arose on the Isle of Man after a new scheme was introduced to reassess most of the island’s 2,000 long-term claimants of incapacity benefits through a face-to-face PCA, firstly through a pilot programme in 2012-13 carried out by Atos, the outsourcing giant which was itself being heavily criticised at the time for its role in the assessment process across the UK.The Isle of Man reassessment scheme was then taken on by another company, Dependability Ltd, which eventually had its contract terminated after it emerged that some of the assessments were not being carried out by registered healthcare professionals.Just as in the UK, there were criticisms of the “tick box” nature of the assessment process, the failure to deal fairly with claimants with fluctuating conditions such as ME and multiple sclerosis, and the use of unqualified and unsympathetic assessors.An independent review of the PCA, published in December 2016, reported “widespread” criticism, with concerns about the qualifications of assessors, and an “oversimplified” assessment which was unsuitable for those with more complex impairments.The review added: “Many people believed that they had been treated with a lack of respect and that the system lacked compassion.”It recommended the replacement of the PCA by a new “holistic multidisciplinary assessment” that would be “supportive” of the claimant and “based on trust and compassion underpinned by clear, open and honest communication”, with claimants “fully involved in developing a realistic return to work plan”.A report by a committee of members of Tynwald that supported the recommendations of the independent review was approved by the parliament last November.Cannan has now told the parliament that ministers are “minded to implement” the “complete removal of the existing personal capability assessment process” and replace it with a new “holistic approach”.Any decision to change the relevant regulations will need to be approved by members of Tynwald later this year.A spokesman for the Scottish-based, user-led grassroots network Black Triangle praised the Isle of Man government for taking the decision to scrap the PCA.He said: “We warmly congratulate them. They have done what any humane government would have done and it is now absolutely essential that the UK government follows suit.”A Department for Work and Pensions spokeswoman declined to comment on the Isle of Man government’s decision.But she said in a statement: “We are committed to ensuring that people with health conditions get the right support that they need, and work capability assessments ensure that everyone gets the benefits they are entitled to.“If a claimant’s condition changes then we will consider any new evidence presented by the claimant’s GP or medical professional.“Anyone who disagrees with the outcome of their assessment can appeal the decision.”*The Isle of Man is not part of the UK or European Union, but is a crown dependency with its own parliament and government, although under the supervision of the UK governmentlast_img read more

Disabled people who died in the Grenfell Tower tra

first_imgDisabled people who died in the Grenfell Tower tragedy had their human rights breached by public bodies that failed to plan how they would evacuate their homes in the event of a fire, a report by the equality and human rights watchdog has concluded.The Equality and Human RightsCommission (EHRC) report says the safety of wheelchair-users and other disabled and older people wasoverlooked when they were housed on the top floors of the high-rise building.It says thatdisabled people and other residents of Grenfell Tower and other nearby housingexperienced a series of breaches of their human rights before the fire,including through the failure to ban the combustible cladding that was wrappedaround the building, or at least strengthen rules for its use.But it alsosays that disabled people’s rights were repeatedly breached in the days andmonths after the fire.Disabledpeople, children, migrants and older people were among the 72 people who diedin the Grenfell Tower fire that began in the early hours of 14 June 2017, inhomes managed by the state in west London. The EHRCresearch, carried out with the social policy think-tank Raceon the Agenda,suggests that the right to life of disabled people, older people and familieswith children was not properly considered in fire safety arrangements, with“particular concerns” about the lack of appropriate planning for evacuatingdisabled people and other residents.There isalso evidence that the safety notice given to Grenfell residents was onlyavailable in English, a language not spoken by many of them.The report alsohighlights a continued lack of support after the fire, amounting to inhuman anddegrading treatment, particularly in “the inconsistent, and sometimes absent,immediate and long-term support such as medical treatment, counselling, mentalhealth care and adequate housing”.The reportsuggests there were breaches of the right to life; the right to safe, adequatehousing; and the right to freedom from cruel, inhuman and degrading treatment;while disabled people and other groups also faced discrimination in how theywere treated after the tragedy.The reportsays: “The fact that people with limited mobility were living high up inGrenfell Tower, and faced greater difficulties escaping the fire, raisesimportant questions about discrimination against certain groups, accessibilitystandards, and whether authorities assessed the impact on disabled people ofallocating housing in Grenfell Tower.”The reportincludes a series of examples of how disabled people had their rights breachedin the days, weeks and months after the fire.One disabledwoman, who had been left traumatised by losing five members of her family inthe fire, had her out-of-work disability benefits cut after being assessed by agovernment contractor just five days later. The woman,who lost her brother, his wife, and their three children in the fire, had beenassessed for her fitness for work on 19 June 2017, five days after the fire.Her husband,her full-time carer, told researchers that when they told the healthcareprofessional carrying out the work capability assessment that she had lost herfive relatives in the fire, “she didn’t care” and “didn’t consider thesuffering” that his wife had been through.His wife hadpreviously been in the support group for employment and support allowance, forthose not expected to carry out any work-related activity, but after theassessment she was placed by the Department for Work and Pensions in thework-related activity group.The report’sresearchers were told that she had since been told to attend a work trainingscheme, even though her health had worsened since the fire.One disabledolder person, who lives on the 14th floor of a block of flats nearGrenfell Tower, told the researchers that he told his children “every day” thatif there was a similar fire to the one that devastated Grenfell, they shouldleave him to struggle down the stairs on his own.He said:“There are five floors above me… So, if I go down and I stop in the middle, thepeople behind me will not be able to pass. So, we discussed all these issues.”The reportfound that none of the local residents they had spoken to who had been forcedto leave their homes after the fire had accepted permanent accommodation, butsome said they had felt pressured to return home or take unsuitable offers.One wheelchair-userwas pressured to accept the offer of a permanent flat, even though it was notwheelchair-accessible and she could not access some of the rooms.She wastold: “Oh don’t worry, we’ll get a carer in to look after you, help you outwith the kids.”She was thentold that if she did not agree to move into the flat, she would be viewed asmaking herself intentionally homeless.The reportalso describes a wheelchair-user with young children – believed to be the samewoman – who was left in emergency housing with just one room and no cookingfacilities and had to visit the local swimming pool if she wanted a shower.The report, GrenfellResidents’ Access to Public Services and Support – part of the commission’sFollowing Grenfell project – describes the lived experience of people who hadbeen “displaced, traumatised and distressed” by the fire.It shows the“ongoing difficulties and uncertainty they have faced in accessing a range ofadvice and support services such as housing, immigration, welfare support andhealthcare”.Among itsconclusions, the report says: “There was poor recognition of additional needsand reasonable adjustments when making housing decisions, particularly fordisabled people, older people, women and Muslim families. “Residentsdescribed the dire state of both emergency and temporary accommodation whenbeing rehoused, posing a threat to their physical and mental health.”EHRC’sFollowing Grenfell project aims to influence the Grenfell Tower Inquiry, otherpublic bodies and the public about the equality and human rights issues raisedby the fire and its aftermath.David Isaac,EHRC’s chair, said: “Everyone has the right to life and the right to safe,adequate housing, but the residents of Grenfell Tower were tragically let downby public bodies that had a duty to protect them.“It is our hope that the Grenfell Inquiry finds this information relevant and useful as they continue with their work, but we also need to see action taken by public bodies so we never see a repeat of this tragedy.”Picture: Close-up of Grenfell Tower with banners in June 2018 (c) by Carcharoth is licensed under Creative CommonsAttribution-Share Alike 4.0 International A note from the editor:Please consider making a voluntary financial contribution to support the work of DNS and allow it to continue producing independent, carefully-researched news stories that focus on the lives and rights of disabled people and their user-led organisations. Please do not contribute if you cannot afford to do so, and please note that DNS is not a charity. It is run and owned by disabled journalist John Pring and has been from its launch in April 2009. Thank you for anything you can do to support the work of DNS…last_img read more

Cannabis Industry Likely to Employ More Than 400000 By 2021 Study Projects

first_img Easy Search. Quality Finds. Your partner and digital portal for the cannabis community. Cannabis Industry Likely to Employ More Than 400,000 By 2021, Study Projects Next Article Guest Writer Cannabis The federal government shows few signs it will legalize one of the biggest job producers in the country. dispensaries.com Opinions expressed by Entrepreneur contributors are their own. Listen Now Image credit: Heath Korvola | Getty Images Green Entrepreneur Podcast –shares When it comes to projections, no sector of the economy currently has a rosier outlook than the marijuana industry.The latest report from ArcView Market Research demonstrates how big the numbers are getting. The name of the report neatly sums up the optimism of its findings: “U.S. Legal Cannabis: Driving $40 Billion Economic Output.”No one is questioning the potential for growth in the industry. Entrepreneurs have flocked to cannabis because of that potential. But there are headwinds, mostly involving an anti-marijuana U.S. attorney general, a White House administration that has largely stayed quiet on the issue and difficulties getting marijuana markets set up in some places even where voters have approved it.Still, in a release on the new report, ArcView CEO Troy Drayton said the economic potential of legal cannabis “is no longer just theory. Due to the giant impact adult-use legalization is already having in the United States, it’s vital for key stakeholders to understand the full impact of legalization, beyond just retail sales numbers.”So, what did the report find that impact would be?Related: Despite Being Illegal Under Federal Law, Cannabis Has Grown Into a $9 Billion Industry In States Where It Is Legal.California ImpactThe report was done against this backdrop: More than half of all U.S. states have approved a legal medical marijuana market, with adult-use marijuana sales are in place in Alaska, Colorado, Nevada, Oregon and Washington.California also started adult-use sales in January. Massachusetts is expected to start later this year. Lawmakers in Maine are still trying to work out a deal to get their adult-use market up and running, while New Jersey’s new Democrat governor has pledged to legalize marijuana in the Garden State.But California is the driver behind many positive projections. The biggest state in the union, California is expected to add billions to the marijuana market in the U.S.ArcView, which did the study with cannabis business intelligence company BDS Analytics, projects the marijuana industry in the U.S. will account for $39.6 billion in economic output by 2021. About 60 percent of that will come from just six states: California, Colorado, Massachusetts, Nevada, Oregon and Washington.The Golden State also is projected as a huge factor in another area: cannabis jobs.Related: Study Suggests Legal Pot Would Make Border Safer Than a Massive WallCannabis WorkersThe report projects that the California cannabis industry will add 99,000 jobs by 2021, about a third of all the cannabis-related jobs in the U.S.  Indirect jobs related to the cannabis industry will total about 146,000 in the state.Other projections and findings from the report:The cannabis industry will create 414,000 jobs across the country by 2021, either directly in the cannabis industry or in a related job.State and local governments are projected to reap $4 billion in total tax receipts from the marijuana industry by 2021.The report argues that the legal recreational marijuana industry in Colorado may have led to the state having one of the lowest unemployment rates in the country.The total amount of taxes taken in by states where cannabis is legal reached $1 billion in 2016, including wholesale, excise and cannabis-specific sales taxes.Clearly, those numbers are a business person’s dream (government officials, too). The growing economic power of the legal marijuana industry might be the one thing that keeps it from coming under attack by the current administration in Washington.To stay up to date on the latest marijuana related news make sure to like dispensaries.com on Facebook February 15, 2018 3 min read Each week hear inspiring stories of business owners who have taken the cannabis challenge and are now navigating the exciting but unpredictable Green Rush. Add to Queuelast_img read more