Contura Sale of 2 Wyoming Mines Unlikely to Ease Powder River Basin’s Low-Price Problem

first_img FacebookTwitterLinkedInEmailPrint分享SNL:Coal prices in the Powder River Basin are low, and the recent sale of Contura Energy Inc.’s two mines in the region is unlikely to change that, according to analysts.Seaport Global Securities LLC analysts Mark Levin and Nathan Martin estimated in a Dec. 18 note that about 93 million tons of PRB coal had yet to be priced at the end of the third quarter — about 26% of total production in the region.“We think this is one major reason why PRB production will likely come in lower than flat in 2018,” they said. “Moreover, with so much coal yet to be priced, we are beginning to believe that absent a big move in natural gas prices and/or a very cold rest of December through February, PRB producers will put out 2018 volume guidance in late January/early February that is well below flat YOY.”The analysts called Contura’s decision to sell its Eagle Butte and Belle Ayr mines to Blackjewel LLC “a good one, maybe even a great one,” noting the move reduces Contura’s balance sheet asset retirement obligation from $200 million to $83 million, frees up $25 million in unrestricted cash, create significant income tax deductions, provides $50 million in royalty payments and reduces capital expenditures by $10 million to $12 million.However, the move will not likely help prices in the PRB.More: Western coal faces declining output, stagnant pricing despite Contura mine sale Contura Sale of 2 Wyoming Mines Unlikely to Ease Powder River Basin’s Low-Price Problemlast_img read more

Poll shows influence of Latina voters

first_imgLatina voters are accessing the Internet and “new media” in increasing numbers, and political campaigns will have to spend more — and speak to a broader set of issues — to reach those voters, expert panelists said Wednesday, in response to a new poll commissioned in partnership by a USC political center.The poll also found just 41 percent of Spanish-dominant Latina voters have access to the internet, compared to 71 percent of English-dominant ones, and that education and the presence of children at home significantly increased the access to internet in Latina households.Room for debate · Panelists at Wednesday’s Talk Back lunch discussed the findings of a new poll that examined Latinas’ use of new media. – Nick Muellerleile | Daily TrojanThe poll, conducted by Hispanas Organized for Political Equality in conjunction with the Jesse M. Unruh Institute of Politics, studied California Latinas’ use of new media — defined by access to the Internet and owning an email account — education, language-spoken, participation in community and civic organizations, and even text messaging.The announcement of the poll’s results was followed by a panel discussion where an array of experts discussed the changes to California’s political landscape and the methods by which future campaigns would have to expand their outlook to court Latino voters.“It’s important for democracy for every participant in the United States to feel like they have a voice,” said Sergio Bendixen, a panelist and the president of Bendixen & Associates, the multicultural and multiethnic research company that assisted in the poll.Bendixen explained the key findings in the study: There was a clear relationship between Latinas with children at home and having access to the Internet. The poll also found that as well as being involved politically and civically. Most notably, however, the poll found a great language divide: English-speaking Latinas are more likely to access new media than Spanish-speaking Latinas.The six members of the Talk Back panel, including students and experts, discussed the poll’s findings.Bendixen said he thought it was important to reach out to both English-speaking and Spanish-speaking Latinas. He suggested developing websites where people can showcase information important to Latinas.Bendixen also said he thought it was important for campaigns to reach out to immigrants in addition to Latina voters.“It’s not only important for the Hispanic community but also for the country,” he said.Margita Thompson, former press secretary for Gov. Arnold Schwarzenegger, said the growing popularity of new media would give Latinas the opportunity to blog and write about issues important to them.Helen Torres, executive director of HOPE, explained how the group intends to use the poll results.“We hope to be conducting briefings with foundations, political campaigns, and legislatures, so they can utilize this information,” she said. “This informs their outreach efforts so it will make them more inclusive, including Latinas.”Panelists discussed the successes and failures of efforts of past presidential campaigns, like those of George W. Bush, Al Gore, John Kerry, Hillary Clinton and President Barack Obama, in their outreach to Latina communities.The discussion was an eye-opener for some students, including Alex Jacobs, a junior majoring in public relations. She noted that she is from Utah, a much less diverse place than Los Angeles.“I probably wouldn’t have done much research on the Latina vote … but it’s good to know if you’re going to represent how they vote, she said.”Torres said HOPE plans to keep working with USC because it would help inform the student body and faculty about the organization’s work and will continue to assist advocacy efforts in the area.last_img read more

75% of Jamaica’s Tourism Industry Employees Have Been Laid Off

first_imgJamaica’s minister of tourism, Ed Bartlett Jamaica’s minister of tourism Edmund Bartlett recently revealed that 75% of the country’s tourism workers have lost their jobs due to the COVID-19 pandemic.The island’s borders have been closed to incoming passengers for almost a month, resulting in the closure of several major hotels on the island including Sandals Resorts.As a result, thousands of hospitality workers have been laid off.Bartlett revealed that of the 160,000 people that work in Jamaica’s tourism industry, 120,000 of those workers have already been laid off, meaning that only 25 per cent of the workers directly employed to the industry are still working.In addition, the 40,000 of them who are still employed are working for either two days or three days a week, for a fraction of their normal pay from the hotels.“So, in essence, 120,000 or 75 per cent of the workers employed directly to the industry are now laid off”, he explained. “That’s significant for us to consider when we are looking at how hard all of us have to work. All of us have to work hard to ensure that our unemployment figures hold only for a short period of time, because the longer the period of time that it holds is the more dire the straits will be,” Bartlett warned.Many of those now unemployed have turned to the government for as much help as they can get. Jamaica’s ministry of finance has been providing COVID-19 relief for those that have been laid off since the virus entered the island. Others will have to depend further on family and friends from the diaspora to send remittances until the industry bounces back and jobs are restored.Bartlett noted that for the first two months of the year, Jamaica was doing “very well” with tourism, earning US$859 million.“So everything was going well and we brought in just a little over a million visitors, in fact. So the trajectory was positive and strong. What we want to do is to get back into the [groove] as quickly as possible, so that the earnings for Jamaica can, in fact, be restored,” he stated.The entire Caribbean region, which relies heavily on tourism, is likely to see drastic effects as a result of COVID-19. Bartlett said that the region is likely to lose some US$62 billion in foreign exchange earnings this year, and some 2.4 million workers are being affected.last_img read more

Ghana Rugby extends grassroots development programme to LaDMA District

first_imgThe Ghana Rugby Football Union (GRFU) on the 13th of October 2015 embarked on a sensitization program to train sports teachers and introduce the game of rugby, specifically Tag Rugby, into primary and junior high schools in the La Dadekotopon Municipal Authority (LaDMA) District.   The objective of the program was to enlighten the teachers coming from the various schools on the values, benefits and basic rules of the game of Rugby. The program which took place at the Tenashie Cluster of Schools was hosted by the coordinator of sports for the LaDMA District under the auspices of the Ghana Education Services (GES). The event was attended by 52 sports teachers (45 men and 7 women) and 2 district sports coordinators.  Members of the Ghana Rugby Players Association (GRUPA), Marshall Nortey, Jason Dzata and Philip Asomani, conducted the programme and  took the participants through the values of Rugby. These values include the following: INTEGRITY – Integrity (adherence to moral and ethical principles; soundness of moral character; honesty) is central to the fabric of the Game and is generated through honesty and fair play PASSION – Rugby people have a passionate (powerful or compelling emotion or feeling) enthusiasm for the Game. Rugby generates excitement, emotional attachment and a sense of belonging to the global Rugby family TEAMWORK – The only way to succeed is by working together (coordinated effort acting together in the interests of a common cause – Rugby) DISCIPLINE – Discipline (training to act in accordance with rules) is an integral part of the Game, both on and off the field, and is reflected through adherence to the Laws, the Regulations and Rugby’s core values RESPECT – Respect (being esteemed or honored) for teammates, opponents, match officials and those involved in the Game is paramount This was followed by schooling in basic Rugby skills and rules followed by Tag Rugby sessions where participants were divided into various groups to play against each other.  Tag Rugby is a non-contact form of Rugby where each player has a belt with a tag in front and one on his back. To “tackle” a player, opponents should take one of his tags. The tackler then puts his hand up with the taken tag and shout “tackle” to signal a tackle.  Immediately after being tackled, the player has to pass the ball. After passing the ball, the tackled player takes its tag back and puts it on his belt. The tackler must give it back before starting to play again.  The participants were sent back to the classroom where they were given the chance to ask questions and get enough clarifications on issues pertaining to Rugby. At the end of the session contact details of the GRFU were provided with most of the participants having already booked sessions with GRFU for the introduction of Rugby at their various schools.  This training followed on similar programmes already ongoing at Ghana International School (GIS) and St. Thomas Aquinas SHS.  The President of the GRFU, Mr. Herbert Mensah, commented on the programme by saying that grassroots development at schools level was identified as one of the top priorities by the GRFU and said that he was delighted at the LaDMA programme. “You will find that all the top Rugby nations have a very well established grassroots or schools development system that not only serves as source of players for clubs, but eventually as source for the national teams,” he said. Mr. Mensah also said that Ghana Rugby is rebuilding the Game in Ghana from almost scratch despite the fact that it faces a major development dilemma. “Developed Rugby nations have various substantial sources including government support, development support from the world governing body World Rugby, broadcasting rights, major corporate sponsorships and gate proceeds to mention but a few. Developing countries such as Ghana are expected to develop the Game but have none or very little of the above resources at its disposal,” Mr. Mensah said. He continued to invite corporate Ghana to embrace the development programme at schools level to not only make a valuable investment in youth development but indeed to create lasting goodwill for their brands. “The values of Rugby not only serves to improve the performance levels of students at school but indeed help them to become top performers in life after school. It also helps to build character as well as fitness and fosters a set of core values which will benefit its participants for life. Rugby further creates a sense of sense of self-worth and belonging that that are invaluable,” Mr. Mensah said.  Marshall Nortey of the Ghana Rugby Players Association (GRUPA) explains the values, mission and vision of the Ghana Rugby Football Union (GRFU) to Sports Masters of the LaDMA District. Sports Masters of the LaDMA District listen attentively to the briefing about the principles and rules of Rugby. Marshall Nortey of the Ghana Rugby Players Association (GRUPA) demonstrates the skill of handling the ball to Sports Masters of the LaDMA District. Sports Masters from the LaDMA District practice the basic skills of ball handling. A member of the Ghana Rugby Players Association (GRUPA) explains some basic Rugby skills to Sports Masters of the LaDMA District. A Sports Master of the LaDMA District asks for clarification on a point during the demonstration of basic Rugby skills by members of the Ghana Rugby Players Association (GRUPA). Sports Masters from the LaDMA District listen attentively to members of the Ghana Rugby Players Association (GRUPA) during a classroom session. A Sports Master from the LaDMA District studies a Rugby ball with interest. Sports Masters from the LaDMA District look attentively at the demonstration of basic Rugby skills by members of the Ghana Rugby Players Association (GRUPA). Members of the Ghana Rugby Players Association (GRUPA) explain the principles of Rugby to Sports Masters of the LaDMA District.  Sports Masters from the LaDMA District with ball in hand  in a classroom session during the training undertaken by members of the Ghana Rugby Players Association (GRUPA).last_img read more