Climate Change Resilience Could Save Trillions

first_imgIs your city prepared for climate change? The latest National Climate Assessment paints a grim future if U.S. cities and states don’t take serious action to reduce greenhouse gas emissions. The bottom line is that the costs of climate change could reach 10% of the entire U.S. economy by the end of the century — or more than $2 trillion a year — much of it in damage to infrastructure and private property from more intense storms and flooding.RELATED ARTICLESRebuilding America and the ‘New Normal’ of ResilienceUnfolding Community ResilienceResilient Design is a Money-MakerPower Outages Grew Longer in 2017Hoping for a Climate Change Breakthrough Cities can greatly reduce the damage and costs through adaptive measures, such as building seawalls and reinforcing infrastructure. The problem is that such projects are expensive, and finding ways to fund the cost of protecting cities against future and uncertain threats is a major financial and political challenge — especially in places where taxpayers have not yet experienced a disaster. I’ve been part of a team that has been evaluating options for protecting Boston, one of America’s most vulnerable coastal cities. Our analysis offers a few lessons for other cities as they begin planning for tomorrow’s climate. Investing in adaptation A team of scientists from 13 federal agencies contributed to the fourth U.S. National Climate Assessment, which recently laid out the stark threats Americans face from sea level rise, more frequent and intense storms, extreme precipitation, and droughts and wildfires. For example, the report notes that coastal zone counties account for nearly half of the nation’s population and economic activity, and that cumulative damage to property in those areas could reach $3.5 trillion by 2060. The good news is that investing in adaptation can be highly cost-effective. The National Climate Assessment estimates that such measures could significantly reduce the cumulative damage to coastal property to about $800 billion instead of $3.5 trillion. The report does not, however, examine the complex problems of implementing these adaptation solutions. The adaptation devil is in the details The Sustainable Solutions Lab at the University of Massachusetts Boston has been closely involved with its host city and local business and civic leaders in devising such climate adaptation strategies and figuring out how best to implement them, including a study I led on financing investments in climate resilience. Our work identified a series of hurdles that make financing such projects difficult. One key problem is that while public authorities — and taxpayers — will ultimately bear the cost burden of coastal protection, the benefits mostly accrue to private property owners. Higher property taxes or new “resilience fees” will be on the table – and unlikely to be politically popular. Seawalls can help prevent damage to coastal properties, but they generate no new revenue that would underwrite the cost of construction. (Photo: Byronv2 / CC BY-NC / Flickr) Another problem is that resilience investments primarily prevent or reduce future damages and costs but don’t create much new value, unlike other public investments such as toll roads and bridges. For example, an investment in a sea wall might prevent property prices for coastal homes from falling or insurance premiums from rising, but it won’t generate any new cash flows to defray the costs for the city or homeowner. Beware the big fix In a separate study, we examined the feasibility of building a four-mile barrier across Boston Harbor with massive gates that would close if major storms threatened to flood the city. We estimated that the project would cost at least $12 billion and could take 30 years to plan, design, finance, and build. Ultimately we concluded it was unlikely to be cost-effective and urged city officials to abandon the idea. One key problem is the uncertainty regarding the extent and pace of sea-level rise, which is forecast to reach anywhere from 2 to 8 feet by the end of the century. But we really don’t know. By the time the barrier would become operational mid-century, we might realize that we didn’t need it — or worse, that it is woefully inadequate. As sea levels rise, the gates, which would be the largest of their kind in the world and take many hours to open or close, would need to be activated more frequently and could potentially fail. In addition, the cost of such a barrier would be difficult to finance in an era of growing federal deficits and would choke off capital required for other more urgent adaptation projects. In other words, it’s risky to put all our adaptation eggs in one very expensive basket. The incremental solution Instead, our group recommends that Boston and other cities pursue more incremental shoreline protection projects focused on the most vulnerable areas. Examples include constructing seawalls and berms, elevating some roads and parks and creating incentives for property owners to protect their buildings. The key attraction of such an approach is that capital can be targeted in highly cost-effective ways to the most vulnerable areas that need protection in the short term. It also allows for more flexible planning as the science improves and climate impacts come into sharper focus. Boston is already considering some projects like this that would cost around $2 billion to $2.5 billion over a decade or two. Coming up with that much money is still a big challenge, but it’s far more cost-effective than the harbor barrier. Another benefit is that this neighborhood-level approach would facilitate more local economic development and community participation. While making these areas more resilient, such investments would also involve upgrades in housing, transportation, and other infrastructure. This would go a long way toward ensuring that the community and taxpayers are on board when the discussion turns to costs. Fair and equitable Adapting to climate change will be a mammoth challenge for cities and citizens across the country — and the world. Finding ways to finance adaptation in a fair and equitable way will be a prerequisite to success. Miami, for example, last year issued a voter-approved $400 million bond to pay for about half its planned resilience projects. In August — exactly a year after their region was devastated by Hurricane Harvey — most voters in Harris County, Texas, approved a $2.5 billion bond to pay for flood protection. And just last month, citizens in San Francisco approved a $425 million bond to pay a quarter of the costs of fortifying a sea wall. One problem with these projects is the heavy reliance on bonds. We found that it would be better to spread the costs of protecting cities and towns across multiple levels of government and private sources of capital, and utilize a range of funding mechanisms, including property taxes, carbon-based fees, and district-level charges. The hope is that voters and cities will approve such projects before disaster strikes — not after.   David Levy is professor of management and director of the Center for Sustainable Enterprise and Regional Competitiveness at the University of Massachusetts Boston. This post originally appeared at The Conversation.last_img read more

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Verizon Fell Behind AT&T In Q4 With 9.8 Million Smartphone Sales

first_imgRole of Mobile App Analytics In-App Engagement dan rowinski Tags:#Android#AT&T#earnings#iPhone#verizon Related Posts What it Takes to Build a Highly Secure FinTech …center_img Why IoT Apps are Eating Device Interfaces In a note to the Securities and Exchange Commission, Verizon Wireless noted yesterday that it sold 9.8 million smartphones in the fourth quarter of 2012. In the brief release, Verizon noted that the total smartphone sales included, “a higher mix of Apple smartphones.” Unlike its top rival AT&T (which yesterday said it had sold in excess of 10 million smartphones last quarter including record numbers of iPhone and Android devices), Verizon has shown more historical balance between the two dominant smartphone operating systems. In the third quarter of 2012, Verizon sold 3.1 million iPhones out of 6.8 million total smartphones, good for 45.5%. Verizon did not give a total on how many iPhones it sold in its SEC note for this last quarter, but expect the number to be closer to a 50-50 split with Android. iPhone’s Magic PowersThe question to be asked is why would Verizon mention iPhone channel sales in its SEC note at all? Well, right or wrong, the carriers (and hence, investors) tend to think of iPhone owners as more lucrative consumers. iPhone owners tend to be loyal, thus giving carriers guidance for how many net postpaid subscribers they will have years down the line. So, if I am a carrier, I want to show investors that I have a large amount of people using Apple products as a sign of the health of my business. As the rest of the fourth quarter smartphone sales from the top carriers in the United States come in, we are once again likely to see that Apple dominates the top of the American smartphone market. In Q3 2012, Apple controlled about 58.1% of U.S. smartphone sales for the three largest carriers (AT&T, Sprint and Verizon). Of those three, AT&T provides the biggest cushion for Apple, taking between 70%-80% of its total smartphone sales. As noted yesterday, AT&T likely sold more than 7.6 million smartphones last quarter. If Apple has a stronger 4Q with Verizon, the iPhone may break the 60% mark for control of U.S. marketshare among the big three. Research analytics firm comScore notes that Android still controls the overall U.S. smartphone market. According to comScore Mobile Lens, Android U.S. subscribers grew 1.1% between Aug. 2012 and Nov. 2012 to a total of 53.7%. Apple grew 0.7% in that same period to 35% of U.S. subscribers.  The Rise and Rise of Mobile Payment Technologylast_img read more

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How to Use Tech to Lower Your Production and Operating Costs

first_imgRelated Posts Brad is the editor overseeing contributed content at ReadWrite.com. He previously worked as an editor at PayPal and Crunchbase. You can reach him at brad at readwrite.com. Why IoT Apps are Eating Device Interfaces How OKR’s Completely Transformed Our Culture Tags:#3d printing#automation#cost reduction#cost savings#efficiency#operating costs#production costs#technology Brad AndersonEditor In Chief at ReadWrite What it Takes to Build a Highly Secure FinTech … Businesses succeed by increasing revenue while lowering costs. When you consider how technology plays into that equation, eye-catching innovations may be the only tech that comes to mind. That’s partly because we tend to adapt so quickly to the technologies we adopt that ultimately we take them for granted, overlooking the cost-saving benefits of the tech unless it’s perceived as groundbreaking.But even tech advances that seem minor can be a powerful approach to reducing your production and operating costs — often dramatically.3 Ways Tech Can Lower CostsSome of the seemingly simple tech tools that you use every day have a big impact on your productivity. When was the last time you or one of your employees had to retype an entire letter because of a spelling error? Word processors, laser printers, email, and other communications technologies make that unthinkable today. Similarly, paper spreadsheets have been replaced with Excel, and generally doing things “by hand” seems antiquated and foolishly inefficient.Yet business leaders seem to forget the important lessons of those transitions to more modern methods, continuing to spend more on their operations than they have to. The technology is ready if only the decision makers would realize the benefits of making changes, large or small.To get a better sense of how technology can reduce your production and operations costs, let’s take a look at three areas that are ripe for tech’s aid:1. Slashing building costsAround half of your energy costs are related to your HVAC and lighting systems. By focusing on these areas, you’ll be sure to see cost savings. Utilizing LED light bulbs, which last longer and use less energy, can contribute to your cost savings efforts. So can geothermal technology, which uses the solar energy stored underground to provide heating and cooling. For instance, GeoComfort estimates that Illinois-based trucking company Nussbaum Transportation will see an annual savings of as much as 70 percent on the heating and cooling of its corporate campus because of the new facility’s geothermal technology.Not only can tech help you improve overall energy efficiency, but it can also help you control when electricity is needed. Implementing smart tech controls, such as remote-controllable smart thermostats and lighting controls, can help you fully reap the benefits of the energy-efficient solutions you adopt. These devices ensure you’ll only be using and paying for energy that’s actually required to keep your business running, day in and day out. What’s more, these energy-efficient technologies may save your business even more if they qualify for installation rebates or other incentives from local, state, and federal governments.2. Saving on human capitalWith automation, you can use your team more wisely. According to a Smartsheet survey, 78 percent of information workers are excited to see automation decrease the time they spend on repetitive tasks so they can focus on the more rewarding aspects of their work. If you automate enough tasks to free up an entire position, consider a new role for that individual involving higher-level responsibilities that could help bring in more revenue for your business. Automation can make jobs safer for employees, too. For example, robotic lines on assembly lines means workers aren’t exposed to dangerous situations or the constant repetitive tasks that can cause muscle and joint issues over time. Fortunately, there’s still a broad scope for further automation; McKinsey reports that $2.7 trillion out of $5.1 trillion of global manufacturing labor could be automated with technology that was already available in 2015. New devices, processes, controllers, software, and other tech advances come on the market every week and could yield even greater results.3. Leveraging 3D printing3D printing is booming, and organizations are finding more ways to adopt it as a cost-reducing method. With 3D printing, you can manufacture your own tools or materials. European carmaker Opel, for example, reported saving 90 percent of its assembly tool costs this way. If needs change, a new variation of a tool can be printed easily. The increased speed and flexibility of creating new objects with 3D printing versus traditional methods may be one of the most powerful arguments for adopting the technology.3D printing can also speed up product development because you can eliminate bottlenecks associated with traditional approaches. For example, with injection molding, you have to create an expensive mold before moving forward, a process so time-consuming that you really need to get it right the first time. 3D printing doesn’t require a mold, meaning you can zoom past that step and create a product faster and more affordably. You can also print in patterns, such as lattices or honeycombs, that aren’t created as easily with other techniques.Technology has the potential to accelerate business operations even more than it already has. Advocate for the adoption of these technologies, and you’ll make a valuable contribution to the lasting success of your company. Follow the Pucklast_img read more

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On Unnecessarily Poor Language Choices

first_imgTonight a telemarketer called my Mom’s house. The telemarketer began the call with this: “Can I please speak to the male head of the house?” My Mom hasn’t been married or lived with a male head of household (whatever that is) since 1974. She is a very successful entrepreneur that raised four kids without an ounce of help from anyone (which explains why she is my personal hero).Fortunately, my Mom is super sweet and has a great sense of humor. But other people may not have been so forgiving. That sort of opening language did nothing to help the company that was calling. It did nothing to help establish a positive association with their brand. It did even less to help them gain a customer. It was an unnecessarily poor choice of words. It hasn’t been 1952 for a long, long time.This is an example of why language choices matter. And it’s a good opportunity to reflect on the language choices that you make.QuestionsWhat assumptions are embedded in your language?What beliefs or biases do your language choices reveal?Are some of the words you choose unnecessarily provocative or insulting to some people?Do you ask for the decision-maker? What does that suggest about how you are going to treat the real decision-makers whose consensus you are trying to gain? (as one example)last_img read more

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Insight Selling: What Sales Winners Do Differently with Mike Schultz – Episode #35

first_imgFill out this form to receive your special bonusesSubscribe toIn the ArenaApple PodcastsGoogle PodcastsAndroidby EmailRSSOr subscribe with your favorite app by using the address below Podcast: Play in new window | Download (Duration: 32:03 — 29.4MB)Subscribe: Apple Podcasts | Android | Email | Google Podcasts | RSSYou see those sales champions out there, the ones who make record sales and lead the company in breaking sales records. It’s clear they are doing things that others aren’t doing, but what are those things? Today’s guest, Mike Schultz has released a book that dives into the research behind the successful sales pros and has formulated his observations into some clear key points that he calls “Insight Selling.” Be sure to listen to this episode to get Mike’s insights into insight selling and learn how you can up your game.What #Sales winners do differently: Insight #Selling with Mike SchultzClick To TweetValue propositions are not what you thought.Most salespeople think of their value proposition as the key things their product or service does for their clients or customers. But Mike Schultz says that the things that make up your true value proposition have to do with the true value that you are able to provide to THAT particular customer, and it takes time to get to know what those needs are. Insight selling helps you move into the client’s world and discover the things that make your company of greatest value to them. Find out how to go about the insight selling process, on this episode of In The Arena.The best way to help sales prospects deal with their fear and risk.Many salespeople believe that if they bring up the risk or fear related to a purchase, they will lose the sale. But Mike’s research shows that the people who lose the sale are the ones who do NOT bring up the risks and fears the customer faces. Ignoring the real issues the customer is dealing with leaves doubt in their minds as to whether you’re truly interested in helping them, or just getting the sale. Learn how to use the reality of risk to make even more sales, on this episode of In The Arena.The 4 things to get your #buyer to believe in to minimize their #risk, on this episodeClick To TweetHonesty about the risk of a purchase can result in repeat sales.When a salesperson addresses the risks of the customer’s potential purpose head on, trust is built. And when trust is built, a good feeling results in the soul of the customer about the salesperson and the company they represent. The customer feels cared for, that their problems matter to the salesperson, not just the sale. Those are the customers that come back and express loyalty because they appreciate the concern the salesperson has shown for their situation. Learn how to build that kind of trust, on this episode.The trend toward dismissing the personal relationship in sales is a mistake.The personal relationships that occur during the sales process are STILL the most powerful component that salespeople need to take care of. It’s those relationships that build things like trust, repeat business, loyalty, and the other things that every sales professional wants. But ironically many sales books and philosophies recently have said that relationships are no longer as important. Find out why those mentalities are completely false and how you can recapture the relationships that will grow your sales portfolio.What are other ways we could help our clients be more #successful in their business?Click To TweetOutline of this great episode Anthony’s introduction of Mike Schultz, today’s guest. What are the underlying foundations for sales organizations? What high performers do differently when it comes to value propositions. Internal and external value discoveries that make sales happen. How can salespeople help prospects deal with fear of risk? Why bringing up the fears of prospects is a good idea. Repeat business through honesty about the difficulties in the sale. A great cause the sales of Mike’s books support. What happens when you dismiss the personal relationships in sales. What does it really mean to understand the buyer’s needs? How you can connect with Mike Schultz.Resources & Links mentioned in this episodewww.RainSalesTraining.com1118875354The theme song “Into the Arena” is written and produced by Chris Sernel. You can find it on SoundcloudConnect with AnthonyWebsite: www.TheSalesBlog.comYoutube: www.Youtube.com/IannarinoFacebook: https://www.facebook.com/iannarinoTwitter: https://twitter.com/iannarinoGoogle Plus: https://plus.google.com/+SAnthonyIannarinoLinkedIn: https://www.linkedin.com/in/iannarinoTweets you can use to share this episodePeople don’t buy #ValuePropositions, they buy for their own reasons ~ Mike SchultzClick To TweetHow to get your #sales prospects to give you the things you can do to help themClick To Tweetlast_img read more

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Khadse seeks action over false charges against him

first_imgSenior BJP leader Eknath Khadse, who resigned as the Revenue Minister following allegations of irregularities over a land deal involving his family, on Tuesday said even when such allegations are proved to be false, the damage is done.“When allegations are made, political leaders are made to feel like a criminal. But when the allegations turn out to be false, no action is taken against those levelling them,” Mr. Khadse said in the Assembly. The former revenue minister said though nothing has come out of the inquiries against him, his image has been damaged and he has been labelled a thief. “Will the government take action against those who have levelled these charges?”Chief Minister Devendra Fadnavis agreed that such baseless allegations defame political leaders, jeopardising their career. “If some people deliberately make false allegations against elected representatives, a legislature committee should be formed to take a decision on what to do in such cases,” the CM said. Earlier, Vasai MLA Hitendra Thakur gave an explanation after his name was mentioned in a discussion about a controversial audio clip. The clip allegedly has two individuals discuss paying money to stop questions being asked in the House.Mr. Khadse had to resign following allegations of irregularities in buying a plot at Bhosri MIDC near Pune by flouting norms and using his post. The Chief Minister had to appoint a one-member judicial committee to probe the charges, and in the last winter session at Nagpur, he had also announced an inquiry by the Anti-Corruption Bureau (ACB). This is not the first time that Mr. Khadse has lost his cool in the House. The BJP leader has never missed a chance to raise the issue of allegations against him as an example of ‘injustice’ meted out to him. “There was an allegation that my PA took a bribe of ₹30 crore,” Mr. Khadse said, referring to another controversy.“But the allegation could not be proved. For the last two years, I have been facing inquiries by the CID, ACB, and the Lokayukta. But nothing adverse has been found against me,” the BJP leader claimed. (With PTI inputs)last_img read more

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Letran slips past St. Benilde to earn Final 4 playoff

first_imgPhoto by Tristan Tamayo/ INQUIRER.netLetran found its mark when it mattered most as it subdued St. Benilde, 66-60, to secure a playoff for the last Final Four spot in the NCAA Season 93 men’s basketball tournament Tuesday at Filoil Flying V Centre in San Juan.Bong Quinto nailed a booming triple from the right wing, which was followed by a huge putback from Rey Nambatac off a JP Calvo fastbreak in the final 18.1 seconds to give the Knights a comfortable 64-59 lead in the clutch.ADVERTISEMENT Kammuri turning to super typhoon less likely but possible — Pagasa Typhoon Kammuri accelerates, gains strength en route to PH ST. BENILDE 60 – Leutcheu 18, Pili 16, Sta. Maria 6, Castor 4, Dixon 4, Mercado 4, Domingo 3, San Juan 3, Velasco 2, Johnson 0, Naboa 0, Suarez 0, Young 0.Quarters: 20-11, 28-28, 48-43, 66-60. For the complete collegiate sports coverage including scores, schedules and stories, visit Inquirer Varsity. Nonong Araneta re-elected as PFF president LOOK: Loisa Andalio, Ronnie Alonte unwind in Amanpulo for 3rd anniversary Though Dino San Juan split his freebies on the other end, Calvo put the nail in the coffin as he drilled two free throws in the last 6.6 ticks to win the game.Nambatac fired a near double-double with 18 points, nine rebounds, and five assists, while Calvo scattered 16 markers, five boards, and four dimes.FEATURED STORIESSPORTSWATCH: Drones light up sky in final leg of SEA Games torch runSPORTSSEA Games: Philippines picks up 1st win in men’s water poloSPORTSMalditas save PH from shutoutJerrick Balanza also shot 2-of-5 from three to wound up with 13 points and three rebounds, while Jeo Ambohot got 10 markers and 13 boards in the victory.Letran halted its two-game losing skid to finish the eliminations at 9-9 and move on to the fourth-place playoff against Arellano on Friday. LATEST STORIES Don’t miss out on the latest news and information. Brace for potentially devastating typhoon approaching PH – NDRRMCcenter_img BSP sees higher prices in November, but expects stronger peso, low rice costs to put up fight Frontrow holds fun run to raise funds for young cancer patients  Deaf personalities everyone should know PLAY LIST 04:26Deaf personalities everyone should know05:01What the Deaf want the hearing to know01:43Man arrested for slipping alcoholic drinks inside Manila North Cemetery01:37Protesters burn down Iran consulate in Najaf01:47Panelo casts doubts on Robredo’s drug war ‘discoveries’01:29Police teams find crossbows, bows in HK university01:35Panelo suggests discounted SEA Games tickets for students02:49Robredo: True leaders perform well despite having ‘uninspiring’ boss02:42PH underwater hockey team aims to make waves in SEA Games Competitive season expected as 9 teams see action in ABL Fire hits houses in Mandaluyong City Still, coach Jeff Napa was unsatisfied with how the Knights fought the Blazers in their closer.“A win is a win but we can’t play like this coming to the playoff. Arellano is very dangerous and if we want to succeed and move on to the next phase of the tournament, everybody should play their A-game,” he said.Clement Leutcheu paced St. Benilde (4-14) with 18 points and 18 rebounds, while Eric Pili got 16 markers and six boards in the losing effort.The Scores:LETRAN 66 – Nambatac 18, Calvo 16, Balanza 13, Ambohot 10, Quinto 7, Balagasay 2, Bernabe 0, Caralipio 0, Gedaria 0, Mandreza 0, Pamulaklakin 0, Taladua 0, Vacaro 0.ADVERTISEMENT Read Next MOST READ View commentslast_img read more

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Panathinaikos Coach Fired After Loss

first_imgATHENS – Panathinaikos basketball coach Argyris Pedoulakis was sacked on March 8, the day after the Greens lost to lowly Laboral Kutxa in an important Eurloeague match.Club President Dimitris Giannakopoulos was reportedly upset that Pedoulakis was relying on a defense-oriented style and that the 68-61 home loss meant the team’s chance of finishing in the top two of its grouping and making the Euroleague quarter-finals was now very slim.Pedoulakis had led Panathinaikos to a big win over its arch-rival Olympiakos and in the last 18 months won two Greek Cups and one Greek league title and is leading the league again this year.Team manager Frangiskos Alvertis is taking over at the club. It was reported that the favorite for the post is Fotis Katsikaris.The Greens were undone by a disastrous third period when the Spanish team outscored the Greek team 27-17 as Panathinaikos showed the effects of playing without injured American star Ramel Curry and hitting only 20 percent of its three-point shots.Laboral led 28-27 at half-time and ran away in the third period and built a 15-point lead, 61-46, early in the last quarter, staving off the home team the rest of the way.It was only when Laboral forward Tibor Pleiss fouled out five minutes from the end that Panathinaikos got close, playing tough under the basket to close within 65-61.Dimitris Diamantidis led the scoring for the Greens with 15 points, while Zach Wright got 12. This was the fifth defeat in nine matches for Panathinaikos in the group, leaving it little chance of finishing in the top two.TweetPinShare0 Shareslast_img read more

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11 days agoAston Villa midfielder John McGinn proud of Scotland hat-trick

first_imgAbout the authorPaul VegasShare the loveHave your say Aston Villa midfielder John McGinn proud of Scotland hat-trickby Paul Vegas11 days agoSend to a friendShare the loveAston Villa midfielder John McGinn says he will treasure the match ball given to him after scoring a hat-trick in Scotland’s 6-0 win over San Marino on Sunday.The talented left-footer grabbed all three goals before the half-time interval as Scotland cruised to victory at Hampden Park.”I’ve never scored a hat-trick before because I used to be a left-back so I never used to get forward,” said the 24-year-old.”I’m beaming, delighted. I’ve been watching Lawrence Shankland in training and learning how to finish.”The match ball is in my bag. I might never get another one so I’m definitely going to keep this one and treasure it.” last_img read more

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Manready Mercantile’s All-American Grooming

first_img Is Falconer the Coolest Drinks Industry Profession Out There? First a guy is making candles in small batches on his apartment stove and suddenly a business is born. That’s exactly how the curated goods site,  Manready Mercantile burst onto the scene. Founder Travis Weaver began his experimentation using all-natural ingredients and then went on to develop additional products. Most of the grooming items are actually unisex, but branded specifically for men.Digging deeper into this company, we discovered some favorites among the additions.Beard Treatment: Forget dealing with dry, flaky skin under your beard. This mix of East Indian Sandalwood essential oil and other natural ingredients will leave your beard soft, moisturized and sexy.Tub Elixer: Served up in a whiskey bottle, this bevy of bubbles proves bubble baths aren’t just for your female companions. Pour some into a bath or if you prefer, you can splash this body wash on in the shower.Daneson Toothpicks: Tired of the dull bland taste of a toothpick? Well, these toothpicks provide an unexpected flavor burst. Crafted of Northern White Birch, these picks feature a combo of rare mint and cinnamon.Weaver also created a dry goods company called T. S. Weaver & Co. It focuses on wood, leather and textiles. Lenny Kravitz’s New Twice Toothpaste Will Make Plaque Fly Away A Peek Inside the Joseph Abboud Factory: Italian Fabric, Made in America Long Hair for Men: Tips for Growing and Maintaining Your Style Understanding Diets and Dieting with Shawn Wells Editors’ Recommendations last_img read more

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Contracts Awarded for Kingston Logistics Park and Road Improvement Works

first_imgTwo contracts valued at US$50.7 million have been awarded to China Harbour Engineering Company (CHEC) Limited for phase-one development of the Kingston Logistics Park, and road improvement works in Hanover and Westmoreland.This was disclosed by Minister of Education, Youth and Information, Senator the Hon. Ruel Reid, during yesterday’s (July 11) post-Cabinet press briefing at Jamaica House.Of the sum, Senator Reid said US$25.8 million will be used for phase one of the multiphase development of a near-port logistics park as a strategic project on lands adjacent to the Kingston Freeport Terminal Limited.He said the contract was awarded on the recommendation of the National Contracts Commission.The remaining US$24.9 million has been approved for delivery of contracted work to upgrade the Ferris Cross to Mackfield road across the parishes of Hanover and Westmoreland.This, he said, is in keeping with the Major Infrastructure Development Project (MIDP).The MIDP is a US$352.941-million programme jointly financed by the China Ex-Im Bank and the Government of Jamaica.last_img read more

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Update 2: Baltic Dry Index Plummets Further

first_imgzoom The Baltic Dry Index has fallen to 540 points February 12, marking a further 13 point (-2.35%) slide compared to the previous record low of 553 points reached just a day earlier.Dry bulk owners have seen their earnings slashed as a result of the index fall, some of them even forced to resort to bankruptcy, as it was the case with Copenship.What is more, it is feared that the continued decline may have a ripple effect on bulk owners causing more bankruptcies as shipping rates plunge even further.The Baltic Dry Index has fallen around 50% over the past 12 months.One of the main reasons for the costs of shipping bulk commodities declining to a record low is China’s weakened demand for coal, with the country’s seaborne coal imports sliding by 10% in 2014.Another crucial reason is overcapacity within the market, triggered by ship-owners ordering three times more bulk carriers in 2013 than in 2012, on the back on China’s growing demand for coal. These newbuilds are entering the market now, and by competing for commodities, are pushing the rates down.The cost of shipping one tonne of iron ore from Western Australia to China has fallen from USD 8 to USD 10 in 2014, to USD 4 to USD 5 today, UBS commodity analyst Daniel Morgan told The Sydney Morning Herald.World Maritime News Stafflast_img read more

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Traversier de Yarmouth subvention moins élevée surveillance accrue

first_img vérifications au hasard et en fin d’exercice; financement fourni uniquement après vérification des dépenses approuvées et des dépenses prévues; déclaration immédiate des changements au budget; examen mensuel du grand livre général; surveillance des salaires de la haute direction. La société Nova Star doit faire rapport publiquement sur le nombre de passagers dans les 15 jours suivant la fin de chaque mois. Au début de chaque mois, le gouvernement affichera le montant de financement versé à la Nova Star dans son site Web de reddition de comptes. On peut consulter l’entente à l’adresse novascotia.ca/econ sous l’en-tête Initiatives. Durant sa saison d’exploitation de 2014, le traversier « Nova Star » a transporté 59 000 passagers. Ces visiteurs ont dépensé environ 13 millions de dollars dans la province. Au mois d’octobre 2014, le nombre de visiteurs venus de la Nouvelle-Angleterre avait augmenté de 19 p. 100. Le gouvernement a conclu une entente avec la société Nova Star Cruises Limited concernant l’exploitation du service de traversier pour la saison 2015 et il demandera à la Nova Star et à d’autres sociétés de lui soumettre leurs propositions pour l’exploitation du service de traversier en 2016. Le gouvernement versera 13 millions de dollars à la Nova Star pour soutenir l’exploitation du service de traversier en 2015. Selon l’entente, le gouvernement exercera une surveillance accrue des opérations et la Nova Star devra rendre des comptes plus complets et accroître ses achats auprès de fournisseurs locaux. On s’attend aussi à ce que l’État du Maine apporte une contribution. « La subvention du gouvernement en 2015 représente moins de la moitié du montant fourni l’an dernier, indique le ministre du Développement économique et rural et du Tourisme, Michel Samson. La société Nova Star a un plan pour réduire les dépenses et accroître les recettes, et la direction de l’entreprise nous a dit qu’elle pouvait exploiter son service avec ce montant. » Puisque le Maine bénéficie également du traversier, le gouvernement s’attend à ce que l’État remplisse son engagement de verser une contribution de 5 millions de dollars. « Le traversier amène aussi des gens et des biens au Maine. Avant son élection, le gouverneur Paul LePage s’est engagé à verser une contribution et il a ensuite dit qu’il allait remplir son engagement », de dire M. Samson. Pour 2016, le gouvernement demandera des propositions de Nova Star et d’autres entreprises. « Nous demandons à la Nova Star de nous revenir avec le plan le plus rentable possible pour l’exploitation du service de traversier. Nous encourageons aussi d’autres entreprises à soumettre une proposition, ajoute M. Samson. Notre objectif est d’offrir un bon service de traversier au meilleur prix possible. » Des spécialistes du secteur travailleront avec le gouvernement pour préparer des critères d’évaluation et évaluer les propositions. L’appel d’offres sera lancé au printemps. La Nova Star Cruises devra faire rapport de manière plus détaillée aux Néo-Écossais et au gouvernement. Un rigoureux programme de contrôle permettra de surveiller le financement et le progrès réalisé. Élaboré et administré par KPMG et son personnel, le programme permettra au gouvernement de cerner les problèmes rapidement pour que l’entreprise puisse apporter les correctifs nécessaires. Voici les critères de contrôle et de déclaration : last_img read more

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Conference looks at how First Nations can be involved in marijuana industry

first_imgVANCOUVER — The cannabis industry is seen by some First Nations as an opportunity to take the initiative and get out of poverty, says the regional chief of the B.C. Assembly of First Nations.Cultivating, buying or selling cannabis could provide economic support to those First Nations devastated by a downturn in the province’s forest industry, Terry Teegee said Wednesday at a summit on cannabis held by the Assembly of First Nations.  “A lot of the communities are tired of living in poverty,” he said.“It’s an opportunity for your community to assert your jurisdiction, assert your self-determination. We want to be a part of the community.”The two-day First Nations Cannabis Summit is attended by chiefs or their representatives from across the country to hear about policy, safety, health, and social and economic development.There are varying points of view among First Nations on how involved they want to be in the cannabis industry with some “dead set against it,” while others look at it as an economic development opportunity, Teegee said.While he doesn’t have statistics on how many First Nations want to be involved in the cannabis industry, Teegee said eight licences out of 122 were given to First Nations in Ontario.“So in Ontario that’s a real issue because there’s a lot more than eight First Nations interested in having a distribution site or cultivating them.”Teegee said it’s unclear how much money can be made in the industry because there’s been a limited number of licences distributed in most of Canada.“The only one that came out aggressively has been Alberta and that’s why you see Alberta leading the nation in terms of tax revenue,” Teegee said.Sam Wesley, owner of Nations, an Indigenous-controlled cannabis production company based in Burns Lake, B.C., said one of the main challenges for First Nations is financial backing.But there is still room for First Nations to get involved in the industry, he said, adding that profits could be used to fund housing or other projects. Sonia Eggerman, a lawyer with MLT Aikins who has extensive experience with Aboriginal and treaty rights, said after speaking to the conference that current federal and provincial regulations have cut First Nations out of opportunities to take part in the cannabis industry.“And I think that’s a real missed opportunity,” she said.Drew Lafond, also with MLT Aikins, said the key obstacle is lack of meaningful engagement by the federal government to work with First Nations.“Much like gaming and tobacco, cannabis carries a spiritual connotation, has traditional significance, medicinal significance, plus socio-economic significance,” he said.“From a legal perspective, it’s an area that First Nations have a close relationship with historically. So breadth and history are the two things that make this such a huge issue in Indigenous country.”Hina Alam, The Canadian Presslast_img read more

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Winnipeg mother speaks out about bullied son

first_imgAPTN National NewsIt’s been a year-and-a-half since British Columbia teen Amanda Tood committed suicide after being victimized through cyber bullying.Now another high profile suicide of a young girl in the Maritimes has hit the news.APTN National News reporter Shaneen Robinson says bullying is an everyday reality for one Winnipeg boy and his mother is speaking out.last_img

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General Motors Newell and Twitter jump Campbell Soup dips

first_imgNEW YORK — Stocks that moved substantially or traded heavily Monday:General Motors Co., up $1.72 to $37.65The automaker said it will lay off up to 14,000 factory and white-collar workers and could close five plants.Newell Brands Inc., up $1.78 to $23.52The consumer products company named former Revlon and Procter & Gamble executive Chris Peterson as its new chief financial officer.Campbell Soup Co., down $1.51 to $39.02The company is adding two board members, settling a dispute with an activist investor.JPMorgan Chase & Co., up $2.61 to $109.26Banks and other financial stocks rose with interest rates Monday.Marathon Petroleum Corp., up $2.45 to $64.18Shares in energy companies rose as oil prices surged following huge losses last week.Macy’s Inc., up 55 cents to $32.56Stocks of retailers and travel companies climbed on the first full trading day of the holiday shopping season.Plantronics Inc., down $4.46 to $46.48The headset maker and computer accessory maker Logitech said they are no longer in talks about a possible deal.Twitter Inc., up $1.70 to $32.82Technology, internet and retail stocks made big gains Monday after plunging in recent weeks.The Associated Presslast_img read more

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Apex court irked over Assams response on illegal foreigners

first_imgNew Delhi: The Supreme Court was irked Thursday over unsatisfactory response of the Assam government on deportation and conditional release of illegal foreigners and cautioned the state’s Chief Secretary, saying that it would issue a contempt notice against him.The top court, on April 9, had asked state’s Chief Secretary Alok Kumar to apprise it of the measures which could be adopted for release of detenues, who are now lodged in detention centres for a long period, after a “full and complete discussion with concerned authorities” of the state and the Central Government. Also Read – Uddhav bats for ‘Sena CM’A bench of Chief Justice Ranjan Gogoi and Justices Deepak Gupta and Sanjiv Khanna, after perusing the affidavit, was critical of the fact that out of over one lakh persons who have been declared foreigners by tribunals in Assam, only four have been deported so far and above 900 are lodged in detention centres. “You (state government) have failed to catch illegal migrants in the state as more than one lakh foreigners are living in the state but the government has managed to detain only over 900 of them,” the bench said. These foreigners have “mixed with the local population and they might have voted in the Lok Sabha elections. You have kept 900 people in the detention centre…this is how your government has been functioning,” the bench said. Also Read – Farooq demands unconditional release of all detainees in J&KThe apex court took serious objection to the averments made in the state government’s affidavit on details of proposed conditions on which foreigners would be released and that the state government was not bound by the order of the tribunals declaring a person an illegal foreigner. “You (Chief Secretary) have no right to remain in the office and we will issue contempt notice to you for making slanderous statement against the law and the Constitution of the country,” the bench said. The court then asked the top officer of the state as to whether there was any meeting between the state government and the Centre on the issue. “Yes, two meetings have taken place,” the Chief Secretary replied. The bench then asked the officer to provide the minutes of those two meetings and got irked when the top officer said that he did not have them at the moment and other officer would come to the court with the papers. Ask the officer to come to the court by 3 PM otherwise we would issue contempt against you, the bench cautioned. Solicitor General Tushar Mehta, appearing for the Assam government, attempted to defend the Chief Secretary and said that he would ensure deletion of paragraphs containing some inadvertent mistakes. “No, Mr Solicitor General. The Chief Secretary has filed the affidavit. He will have to explain the slanderous statements… “Stop advocacy. Let us understand English. This man does not understand as to what he has done. He has signed the affidavit on dotted lines without even attempting to read as to what he was filing,” the anguished bench said. The Chief Secretary then tendered unconditional apology saying, “My Lords, my sincere apology for the language used in the affidavit”. The bench asked him to sit down and asked a lawyer to give his chair to the officer. The state government, in its affidavit, has proposed that it would set up a five-member committee headed by Additional Chief Secretary of Assam to consider petitions of detained foreigners, who have completed five years in detention centres, for their conditional release. “The committee shall recommend conditional release on the basis of length of detention, conduct of the detenues, existence of criminal proceedings,” the affidavit said, adding that priority for conditional release would be given to old, infirm, women and children up to the age of 14 years of age. It said that the detenues will have to furnish two Indian sureties and a bond of Rs one lakhs each as one of the conditions of release.last_img read more

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How major US stock indexes fared Tuesday

Solid gains by banks and technology companies drove stocks broadly higher Tuesday, erasing the market’s losses from a day earlier.Financial, technology and health care stocks accounted for much of the rally. Banks got boost from rising bond yields, which let them charge higher rates on loans. Smaller company stocks did better than the rest of the market.On Tuesday:The S&P 500 index gained 20.10 points, or 0.7 per cent, to 2,818.46.The Dow Jones Industrial Average rose 140.90 points, or 0.6 per cent, to 25,657.73.The Nasdaq composite added 53.98 points, or 0.7 per cent, to 7,691.52.The Russell 2000 index of smaller company stocks picked up 15.30 points, or 1 per cent, to 1,528.17.For the week:The S&P 500 is up 17.75 points, or 0.6 per cent.The Dow is up 155.41 points, or 0.6 per cent.The Nasdaq is up 48.85 points, or 0.6 per cent.The Russell 2000 is up 22.24 points, or 1.5 per cent.For the year:The S&P 500 is up 311.61 points, or 12.4 per cent.The Dow is up 2,330.27 points, or 10 per cent.The Nasdaq is up 1,056.25 points, or 15.9 per cent.The Russell 2000 is up 179.61 points, or 13.3 per cent.The Associated Press read more

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