Premier Urges Caution

first_imgPremier John Hamm is urging all Nova Scotians to stay safe andsecure during today’s winter storm. “With Nova Scotia in a state of emergency, everybody shouldremain at home with their families, stay off the highways andlet emergency crews go about their work,” said thepremier. “Public safety is our number one priority.” Earlier today, Feb. 19, a provincial state of emergency wasdeclared by Ernest Fage, minister responsible for theEmergency Measures Act. The province’s emergency operations centre has been activatedto help local communities deal with the storm. The weekly cabinet meeting to be held today has beencancelled. The premier continues to receive regular updatesfrom Mr. Fage and senior officials from the Emergency MeasuresOrganization and other provincial departments and agencies. In some areas of the province, more than 50 centimetres ofsnow have fallen, with winds gusting at 100 kilometres perhour. -30-last_img read more

Le gouvernement provincial modifie le processus de correction des examens provinciaux de

first_imgLe gouvernement provincial a modifié le processus de correction des examens provinciaux de janvier en raison de l’incertitude entourant les négociations collectives du SCFP. Les examens provinciaux en mathématiques et en anglais auront lieu tel que prévu. Toutefois, puisqu’il n’y a pas suffisamment de temps pour organiser un centre de correction, les examens seront corrigés par les enseignants des élèves dans chaque conseil scolaire. « Je suis heureuse que la grève ait pu être évitée, et je suis certaine que ce processus d’évaluation révisé permettra aux élèves d’obtenir une note finale juste et exacte, a dit Marilyn More, ministre de l’Éducation. Ces examens sont importants pour s’assurer que les élèves répondent aux exigences provinciales, et je suis ravie qu’ils auront lieu tel que prévu. » Les cours qui exigent un examen provincial sont les suivants : Mathematics 12, Advanced Mathematics 12, Mathématiques 12, Mathématiques avancées 12, English 12, Advanced English 12, English 12: African Heritage et English/Communications 12. Le processus révisé de correction s’appliquera également aux examens provinciaux prévus en juin pour assurer l’équité et l’uniformité.last_img read more

Nova Scotia Celebrates Culture Days

first_imgThe fifth annual edition of Culture Days, a national celebration of arts and culture, will feature performances, hands-on activities, open houses, exhibits and more in communities across Nova Scotia. The coast-to-coast weekend event Friday, Sept. 26 to Sunday, Sept. 28, features free activities to raise Canadians’ awareness, accessibility, participation and engagement in the arts and cultural life of their communities. “Culture Days showcase our creative and vibrant communities and there is something for everyone,” said Communities, Culture and Heritage Minister Tony Ince. “I encourage Nova Scotians to take advantage of the arts and culture activities throughout the province, not only during Culture Days, but every day.” There are many one-of-a-kind events, including the Maritime Museum of the Atlantic event with Symphony Nova Scotia’s Peter and the Wolf on Sunday. Admission to the museum is free that afternoon. For more information and a list of activities, go to http://ns.culturedays.ca/en .last_img read more

Prince Harry To Begin New Focus On Fight Against HIVAIDS

first_imgPrince Harry will begin a new series of engagements and meetings designed to shine a spotlight on the ongoing need for action in the fight against HIV/AIDS.Building on his decade of experience in supporting young people with HIV in Lesotho through his charity Sentebale, The Prince is now determined to help his generation understand that the battle against the disease has not yet been won and still needs fighting. He hopes to convene leading figures in this sector and support their vital work in ensuring that everyone – and young people in particular – get the help they deserve to lead healthy and successful lives.In the UK more people are living with HIV than ever before with thousands of new people being diagnosed with the virus every year. In places like Southern Africa, HIV is the biggest killer of adolescents and represents a very real threat to the success of an entire generation. His Royal Highness wants to expand his own knowledge of the challenges and opportunities in the fight against the virus around the world. This will see him tackling topics including testing, treatment, and prevention as well as anti-stigma efforts that were famously championed by his mother Diana, Princess of Wales. Prince Harry believes that greater public awareness of the innovations in both testing and treatment for HIV can help save lives and he wants to do his part.Next month, he will meet with doctors and nurses who are caring for patients in South London which is home to one of the highest concentrations of HIV-positive people in Europe. He will also visit an innovative sexual health service that encourages regular testing for HIV and outreach to the partners of newly diagnosed patients.Later in July, Prince Harry will travel as Sentebale Patron to Durban, South Africa for the 2016 International AIDS Conference to meet leaders in the field and to speak to the assembled delegates.Details of these engagements will be announced in due course.last_img read more

Stelco looking to raise 200 million in IPO pricing shares between 16

first_imgTORONTO – Stelco Holdings Inc. is looking to raise $200 million in its initial public offering, according to documents filed with securities regulators.The steelmaker is expecting to price its shares between $16 and $18 per share. If an over-allotment option is exercised in full, the offering will increase to $230 million.Stelco announced its intention to return to the stock market last month with plans to spend the money raised to fund capital expenditures and pension obligations.The IPO comes after two restructurings under court protection from creditors, the most recent completed this past summer.Bedrock Industries acquired the company’s operations in the most recent process and restored the Stelco name.It is expected to hold a roughly 86.5 per cent interest in the company following the offering, based on the midpoint of the estimated price range for the shares. If the over-allotment option is exercised in full, the stake will be 84.8 per cent.last_img read more

Casablanca Residents Complain about Parking Costs

Rabat – Moroccan TV channel 2M discussed the parking costs in Casablanca that have outraged the city’s residents, during a newscast aired earlier this week.The video shows the unhappiness of residents regarding the prices for on-street parking in Casablanca, including areas in Ain Diab and near Morocco Mall.Speakers in the video complain how numerous car park attendants illegally charge exorbitant prices for parking. According to 2M’s report, normal parking prices are between MAD three and five,but several parking guards have been charging between MAD 10 and 20, unfairly high prices.When answering questions about the issue of parking costs in Casablanca, Samira Razzani, Deputy of the City’s Council who are in charge of car parking, said that “a car driver should only pay MAD three in order to park his/her car at on-street parking.” She continued that “motorcycle drivers have to pay MAD two while truck drivers have to pay MAD five.”Razziani went on to add that the prices are usually doubled during the night. read more

TSX slightly higher Wall Street mixed as Greeks appeal for debt relief

TORONTO — The Toronto stock market closed modestly higher Wednesday as traders looked to the outcome of an emergency meeting of eurozone finance ministers to discuss the Greek government’s demand for debt relief.The S&P/TSX composite index gained 38.98 points to 15,151.5.Aversion to risk, lower commodity prices and growing speculation that the Bank of Canada will again cut interest rates next month pushed the Canadian dollar down 0.42 of a cent to 79.11 cents US.U.S. indexes were mixed as the Dow Jones industrials lost 6.62 points to 17,862.14, the Nasdaq gained 13.54 points to 4,801.18 and the S&P 500 index dipped 0.06 of a point to 2,068.53. The meeting of eurozone finance ministers was the group’s first opportunity to hear directly from the new leftist Greek government, which was elected on an anti-austerity platform. Greece wants to renegotiate the terms of its international bailout ahead of the expiration of the current agreement in late February.There has been speculation that Greece could be granted extra time to hold new negotiations but German Finance Minister Wolfgang Schaeuble has poured cold water on that scenario. He told reporters at the Group of 20 meeting in Istanbul that such speculation was the stuff of fantasy.Unlike 2012, the last time the Greek debt crisis rattled markets, there seems to be less worry about the country exiting the eurozone if it proves impossible to come to an agreement on debt.“I think the word potentially here is complacency,” said David Wolf, portfolio manager in the Global Asset Allocation group at Fidelity Investments.“For ourselves, we had been underweight — in some cases quite a bit underweight — European equities through much of last year. The way we have approached it in terms of investments is that, on the chance that this complacency is misplaced, we would rather not have excess exposure to any potential risk.”TSX advancers were led by the telecom sector, up 1.3% with Telus (TSX:T) ahead 70 cents at $43.54 a day before the Vancouver-based telco releases earnings.The energy sector advanced 0.35% even as oil fell $1.18 to US$48.84 a barrel as traders speculate on whether oil prices have bottomed. Oil prices have hit six-year lows, down 50% from the highs of last summer amid a huge supply/demand imbalance on global markets.However, there is little evidence that global oil production levels have shown any decline.The latest data from the U.S. Department of Energy shows that supplies increased by another 4.9 million barrels last week, higher than the four million that analysts expected.March copper was off a penny at US$2.54 a pound and the base metals sector edged 0.3% lower.The gold sector lost 1.3% as bullion shed early gains to move down $12.60 to US$1,219.60 an ounce.The industrials sector also lagged as Air Canada (TSX:AC) posted a quarterly net loss of $100 million or 35 cents a share. Adjusted earnings came in at 23 cents a share, a penny short of estimates. Revenue improved 7.2% to $3.1 billion but its shares fell $1.29 or 9.75% to $11.96. read more

WatchHuaweis founder breaks silence to deny US spying claims calls Trump a

Ren Zhengfei, the billionaire founder of Huawei Technologies Co., broke a years-long silence to dismiss U.S. accusations the telecoms giant helps Beijing spy on Western governments.Ren denied suggestions that Huawei aids the Chinese government in espionage, saying it has no regular contact with Beijing as his technology empire faces its biggest crisis in its three decades of existence. He also called Donald Trump “a great president” and said he’ll take a wait-and-see approach as to whether the U.S. leader will intervene on behalf of Huawei finance chief Meng Wanzhou. Meng — Ren’s eldest daughter — is in Canada facing extradition to the U.S. on allegations of helping defraud banks to avoid sanctions on Iran.The emergence of the reclusive Ren, who last spoke with foreign media in 2015, underscores the depth of the attacks on Huawei, the largest symbol of China’s growing technological might. Meng’s arrest helped crystallize fears about its growing clout in areas from cutting-edge wireless infrastructure and semiconductors to consumer gadgets. Washington has since convinced a growing list of allies to blacklist Huawei networking equipment. White House considers barring Huawei, ZTE telecom equipment in new year Rising fears over security gives BlackBerry an advantage: CEO Huawei CEO survived toughest of lives to build an empire. Trump could tear it down “I love my country, I support the Communist Party. But I will not do anything to harm the world,” the 74-year-old said in a roundtable briefing, only his third formal chat with foreign reporters. “I don’t see a close connection between my personal political beliefs and the businesses of Huawei.”Ren said he would decline any request from Beijing for sensitive information on its clients and stressed the potential for cooperation with the U.S. and Trump’s administration. And he played down Huawei’s role in current tensions between Washington and Beijing, which have rattled investors and corporations worldwide.Ren Zhengfei, founder and CEO of Huawei, gestures during a round table meeting with the media in Shenzhen city, south China’s Guangdong province, Tuesday, Jan. 15, 2019. Vincent Yu/AP Photo “Huawei is only a sesame seed in the trade conflict between China and the U.S.,” Ren said from the company’s campus in Shenzhen. “Trump is a great president. He dares to massively cut taxes, which will benefit business. But you have to treat well the companies and countries so that they are willing to invest in the U.S. and the government will be able to collect enough tax.”Ren, a legendary figure in Chinese business circles, is a uniquely placed voice in a conflict that will help define the global landscape in coming years.A string of Huawei executives — all the way up to rotating chairman Ken Hu — have taken to media in recent weeks to deny allegations of espionage and challenge its accusers to provide proof of shady dealings. But the arrest in Poland last week of a sales executive accused of spying may have helped prompt the reclusive CEO to personally marshal Huawei’s global response. The employee in Poland was fired over the weekend.Despite the potential impact on his business, Ren said he was confident Huawei’s revenue would grow to US$125 billion in 2019 from more than US$100 billion last year.“Huawei is not a public company, we don’t need a beautiful earnings report,” Ren said. “If they don’t want Huawei to be in some markets, we can scale down a bit. As long as we can survive and feed our employees, there’s a future for us.”Ren built a company that generates more sales than Alibaba Group Holding Ltd. and Tencent Holdings Ltd. combined. In 2018, Huawei overtook Apple Inc. in smartphone sales, a triumph that only served to burnish his tech credentials. His quotes adorn the walls of the food court at Huawei’s sprawling campus on the outskirts of the southern metropolis of Shenzhen, and employees still speak of him in reverent tones.But it’s perhaps Huawei’s newest and splashiest campus in neighbouring Dongguan that better encapsulates its ambitions. Overseen by Ren himself, the Chinese company has built a clutch of faux European towns modelled after the likes of Paris and Verona, complete with a lake, castles and bell towers. The complex is so massive employees have to get around by train — and it’s still expanding.Yet Huawei has now become a target of scrutiny around the world. While the company is owned by its employees, the founder’s earlier career with the People’s Liberation Army has constantly bred suspicion that it poses a security threat, an accusation it has always denied. Still, several carriers are shunning its equipment over concerns the products may leave a backdoor for Chinese intelligence agencies.Within China, the U.S.-led effort to exclude Huawei as the world prepares to adopt revolutionary fifth-generation wireless is tantamount to a national affront. The company remains a linchpin in Beijing’s effort to dominate future technologies by 2025 and a 2018 document from the Department of the Treasury showed that Huawei had about a 10th of the essential patents for 5G wireless networks. That would put it in a prime position to capitalize on the billions that will be spent rolling out the technology.“I’m a strong supporter of the world building a unified technology standard,” Ren said.Ren, who survived Mao Zedong’s great famine to found Huawei with four partners in 1987 with 21,000 yuan, said Huawei will continue to engage with governments so they can better understand his business.He stepped back from daily operations in 2011 by introducing a unique rotation system that allows younger executives to run the company for about six months at a time. But he remained the face of the company on major occasions, such as when he accompanied President Xi Jinping to a Huawei office in the U.K. in 2015.The company’s 2017 report shows he has a 1.4 per cent stake, giving him a net worth of US$2 billion, according to the Bloomberg Billionaires Index.Over the past year the accusations have intensified, compounded by his daughter’s arrest as well as the blocking or limiting of Huawei gear in the U.S., Australia, New Zealand and other countries.“Huawei firmly stands on the side of customers when it comes to cyber security and privacy,” Ren said.Bloomberg.com read more

Supermarkets selling cheap supersize punnets of strawberries after cold spring causes a

Cheap strawberries are flooding supermarket aisles this week due to a glut caused by this year’s extreme weather.Retailers across the country are selling super-sized, reduced-price punnets, and farmers say the unusually cold spring means the fruit took longer to ripen, making the strawberries much bigger, sweeter and juicier than usual.Not only are the strawberries more delicious, the recent hot weather caused the fruit to ripen all at once, making for a giant crop.Waitrose has reduced the price of its fruit, after the recent rise in temperatures forced the plants into a slightly later-than-usual season.Nicki Baggott, Waitrose strawberry buyer, said: “Strawberries love the sunshine and with the recent rise in temperatures, we’ve seen a bumper crop of the delicious summer fruit making its way to our shelves.”As our yields are up, we’ve reduced our prices to reflect this. In particular, our exclusive Summer Blush Strawberries are growing extremely well and are perfect for our customers to use in their puds, pavlovas and Pimm’s.”Discount supermarket Aldi has bought an additional 112 tonnes of strawberries to support British growers, who have too much fruit on their hands. The cold spring meant the fruit took longer to ripen – making it more deliciousCredit:Getty Images Contributor/ Henglein and Steets Julie Ashfield, Managing Director of Buying at Aldi UK, said: “The recent warm weather has led to our growers needing to harvest a vast amount of their crop much later than usual. We always try to find ways to support them in times like this, while at the same time reducing unnecessary food waste. “British strawberries are also typically brighter in colour and tastier compared with imported varieties, meaning our customers can enjoy more of the fruit at the best time of the year.”Growers are also getting a good deal; each farm will be paid the same rate per kg of produce by Aldi as they would have done without the promotion.Tesco is also running a promotion, selling two of its £2 400g punnets for £3, while Sainsbury’s has reduced its 400g punnet from £2 to £1.60. The cold spring meant the fruit took longer to ripen - making it more delicious Farmers are urging customers to get their strawberries while they are still cheap and deliciously sweet.Nick Marston, chairman of British Summer Fruits, said: “February and March this year were considerably colder than in 2017. The strawberry crops develop more slowly if the weather is cooler.”There is a good level of supply, and because they’ve ripened more slowly they are bigger, tastier and juicier than last year. The supermarket will sell larger punnets at £2.95 per kg across many of  its stores, which will be alongside Aldi’s existing punnet  (£1.39 – 400g). “Because there is a good level of supply supermarkets have promotions in place for the next few days. These include Kilo boxes, two for one deals and all sorts. “We say that customers should rush out and buy strawberries now while the offers are on the very good quality fruit.”He added that while the strawberry season usually starts on May 1, the chilly spring meant it was a week and a half late. Now, the crop is in “full swing”, and it is likely the season will carry on successfully until July.However, those hoping the glut will mean a discount day out at Wimbledon are going to be disappointed.A spokesperson for the tennis competition said: “The strawberries and cream at Wimbledon will once again be priced at £2.50 – the price has remained the same since 2010.” Want the best of The Telegraph direct to your email and WhatsApp? Sign up to our free twice-daily  Front Page newsletter and new  audio briefings. read more

Man armed with hammer arrested following offlicence robbery

first_imgA MAN IN his 20s was arrested last night following a robbery at an off-licence at Greenhills in south Dublin.Gardaí attended the scene on St James Road but detained the suspect in a follow-up search.At about 9.30pm, a lone male entered the store and demanded cash. He was armed with what was described as a hammer. He fled the scene with a sum of money. Nobody was injured during the incident.He is currently being questioned at Sundrive Road garda station.Read: Man in 40s hospitalised with head injuries following garda stand-offlast_img read more

Body of man found in a drain in Co Offaly has been

first_imgUpdated 8.41 PMTHE BODY OF a man found in a drain outside Clara, Co. Offaly has been removed from the scene and brought to the Midland Regional Hospital for a post-mortem.Gardaí said this evening that the body has been formally identified as 47-year-old Christy Daly, who was from the area.The scene at Bog Road in the town has been examined by the State Pathologist Dr Marie Cassidy with Gardaí confirming that a caravan and two cars were also found burnt out at the location.The scene is described as being in an isolated area with limited access.The body of the 47-year-old was found this morning after gardaí carried out a search of Bog Road, Killbride, Clara, County Offaly after concerns for the whereabouts of a missing man.Gardaí say they are awaiting the results of the post-mortem to determine nature and direction of the investigation.A garda liaison officer has been appointed and is currently in contact with the family of the deceased but gardaí say they are not in a position to release his identity until all family members have been notified.The man’s body has been removed from the location. Pic: Brian Lawless /PA WireGardaí say that a number of people have already come forward with information and are urging others who may have seen any suspicious or unusual activity at the location in the days before or since Sunday.Gardaí are also making a specific appeal to anyone who may have witness the burning of the caravan and cars to contact them and say that all information will be treated in the strictest of confidence.Anyone who wishes to do so can contact Tullamore Garda Station on 057 9327600 or the Garda Confidential Line 1800 666111.-Additional reporting by Michelle Hennessy and Christine BohanRead: Human skull discovered in Meath>last_img read more

Flatscreen TVs laptop and Markey Robinson paintings stolen from Antrim home

first_imgPOLICE IN ANTRIM have issued a public appeal following a burglary at a house in Newtownabbey a fortnight ago.During the raid, which occurred some time between 6pm on Friday, 28 February and 2am on Saturday 1 March, a number of artworks were stolen from a home on Sharonmore Avenue.The paintings included work by Belfast artist Markey Robinson, whose pieces sell for thousands of euro.Two flatscreen TVs, a digital camera, a laptop, a quantity of jewellery and a number of other items were also taken.The PSNI have asked for anyone who may have noticed any suspicious activity in the area or who has any information to contact them on 0845 600 8000.Related: Over €10m worth of jewellery and cash burgled in the second half of last year Read: Man tied up and tasered by axe-wielding masked burglars More: McDonalds workers claim their wages were stolen…by McDonaldslast_img read more

Les cofondateurs de Google cèdent une partie de leurs actions

first_imgLes cofondateurs de Google cèdent une partie de leurs actionsÉtats-Unis – Larry Page et Sergey Brin, les deux cofondateurs de Google, ont annoncé vouloir céder une partie de leurs parts. Ils détiendront par la suite encore 15% du groupe.Larry Page et Sergey Brin ont décidé de céder “quelques” actions de Google, entreprise qu’ils ont cofondée en 1998. La semaine dernière, ils ont annoncé réduire progressivement leur part dans le capital dans les cinq ans à venir.Actuellement, les deux hommes pèsent 18% du capital et 59% des droits de vote. Après l’opération, ils détiendront encore 48% de ces droits. Cette annonce devrait permettre aux deux fondateurs d’empocher 5,5 milliards de dollars. L’année dernière, Google a réalisé un chiffre d’affaires de 23,65 milliards de dollars, soit une augmentation de 8% sur un an.Le 26 janvier 2010 à 21:34 • Emmanuel Perrinlast_img read more

Orlando man buys billboard in hopes of landing job at Walt Disney

first_imgORLANDO, FLA. (WSVN) – An Orlando man bought a billboard hoping to get hired for his dream job at Walt Disney World.Brandon Fox said his first job was in the Disney College Program, but he wants to return to the company for another position. He also said Disney is home for him.“If I inspire someone to take a chance and think outside of the box, then it was worth it,” he said.The billboard has been up for more than a week near a Disney property entrance.Fox said the billboard is worth the shot for him and perhaps others to make their own dreams come true.Copyright 2019 Sunbeam Television Corp. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.last_img read more

South Korea fires warning shots as Russian and Chinese aircraft violate airspace

first_imgRussian Air Force Su-34 fighter-bombers. Representative ImageReutersThe South Korean military fired warning hundreds of shots after a Russian warplane entered the country’s airspace on Tuesday, July 23. The Ministry of National Defence said that two Chinese military planes also entered the Korean air defence zone on the same day.The Defence Ministry stated that the military launched fighter aircraft fired warning shots after two Russian bombers and two Chinese bombers violated the Korea Air Defence Identification Zone (KADIZ) off its east coast.A separate Russian warplane also entered the airspace above Dokdo — a disputed island that is claimed both by South Korea and Japan on Tuesday morning at 9 am local time.After “tactical action including dropping flares and firing a warning shot,” that included 360 rounds of ammunition fired by South Korean F-15 and F-16 fighter jets, the Russian aircraft left the airspace only to re-enter about 20 minutes later, prompting the military to issue more warning shots, said a South Korea’s Joint Chiefs of Staff (JCS) official.Airspace disputeDirector of the South Korean National Security Office Chung Eui-yong has raised a strong objection with the secretary of the Security Council of Russia, Nikolai Patrushev and asked the council to take appropriate action.”We take a very grave view of this situation and, if it is repeated, we will take even stronger action,” Chung said, according to South Korea’s presidential office statement.Chinese foreign ministry spokeswoman Hua Chunying said that South Korea’s airspace identification zone is not a ‘territorial airspace’ and all countries enjoy the freedom of movement in the region.The Russian Ministry of Defence denied the violations and accused South Korean jets of ‘carrying out dangerous manoeuvres that threatened its aircraft.’It also said that such incidents of South Korean pilots ‘interfering’ with Russian military planes over ‘neutral waters’ have occurred before. Korean defence ministry had said that the incident was the first time that Russia violated Korean airspace.Japan, on the other hand, criticised South Korea for taking military measures over the area which is contested to be Japanese land, called Takeshima.”Takeshima is Japan’s territory,” said Foreign Minister Taro Kono. “It is Japan that should take action against the Russian plane that entered its airspace. It is incompatible with Japan’s stance that South Korea takes steps on that,” Kono said.last_img read more

Sebi mulls steps to cut commodities trading costs

first_imgIndia’s market regulator has expressed concerns over the high cost of trading in the commodity futures market and urged all stakeholders to find ways to bring the costs down so as to attract more investors.The Securities and Exchange Board of India (Sebi) recently held discussions with some key stakeholders of commodities markets to assess the factors keeping hedgers away.Most of the market players expressed concern over the high incidental costs, including those related to delivery, said SK Mohanty, whole-time member of Sebi.The exchanges and the supporting infrastructure providers need to work on the issue, he said.Mohanty stressed the need for the exchanges to promote awareness of hedging in commodities future and remove the misconception that there are quality and quantity issues involved in commodities delivered via the exchange platform.’Most transparent’ platformThe stakeholders need to understand that this platform is most transparent, Mohanty said at the ‘India Commodity Day 2018’ organised by Multi Commodity Exchange (MCX).A significant step that Sebi has undertaken is to talk with the key government agencies involved in managing the minimum support price programmes to enter the commodities future market in a big way.Sebi is also assessing the possibility of tweaking the regulations so that options contracts will devolve with the delivery of a particular commodity unlike the present practice of it devolving in the futures market.The regulator was planning to widen the market by allowing new derivative products, Mohanty said. “We want to launch new products. Index derivative is one of them. We are in an advanced stage of examining them and we are also open to other derivatives like weather and freight derivatives.”Increasing depthSebi plans to make delivery compulsory in base metals and expects the ecosystem such as warehousing, assaying and logistics systems to evolve, he added. It will also allow portfolio management service providers and mutual funds to take part in commodity exchanges to further increase the market depth.Sebi regulates the commodities trading in the six national commodities exchanges – the MCX, National Commodity and Derivatives Exchange, known by the acronym NCDEX, National Multi-Commodity Exchange, or NMCE, Indian Commodity Exchange, or ICEX, the ACE Derivatives exchange, or ACE, and the Universal Commodity Exchange, or UCX.last_img read more

Gunmen in Egypt kill 2 police officers outside Giza Pyramids

first_img New Valley school lets students pick career-path academies Comments   Share   Former Arizona Rep. Don Shooter shows health improvement Reflecting an intention to keep up the crackdown, the government proposed Wednesday imposing penalties of no less than a year in prison and a fine for anyone who does not report owning explosives.Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. CAIRO (AP) — Gunmen on a speeding motorcycle opened fire outside the famed Giza Pyramids on the outskirts of Cairo early Wednesday, killing two police officers in a rare attack near one of the country’s top tourist attractions, authorities said.The attack comes as Egypt tries to rehabilitate its vital tourism industry, which accounted for as much as 20 percent of foreign currency revenues before its 2011 revolt that toppled autocrat Hosni Mubarak and later years of turmoil. 3 international destinations to visit in 2019 From a high of 14.7 million tourists in 2010, Egypt has had an average of around 9 million a year since, though officials say tourists slowly are coming back. Government officials say the tourism industry saw revenues jump to $4 billion in the first half of this year, compared to $1.9 billion in the same period last year.The gunmen opened fire on a police vehicle at the back of the Giza Pyramids plateau on a main highway that leads to southern Egypt, wounding the two tourism police officers, a security official said. They died later of their wounds in the hospital, said the official, who spoke on condition of anonymity because he was not authorized to brief journalists.Egypt’s state MENA news agency said the gunmen fled and that an investigation was underway. An antiquities official in the area, Kamal Wahid, was quoted by the website of the state-run Al-Ahram newspaper as saying the attack was 5 kilometers (3 miles) away from the pyramids. The location of the attack could not be immediately reached by journalists.Egypt sees regular attacks on its security forces as it struggles with the low-level Islamist insurgency, mostly in the lawless northern Sinai Peninsula following the 2013 military ouster of elected Islamist President Mohammed Morsi. Typically though, security forces are the targets of the attacks. Milstead says best way to stop wrong-way incidents is driving sobercenter_img Four benefits of having a wireless security system Top Stories But the attacks lately have inched closer to the capital, mostly targeting individual security agents but have also included near-daily small bombings in public areas. One bombing killed a police officer on a bridge in Cairo’s upscale island of Zamalek.An earlier wave of Islamist insurgency peaked in 1997 with a bloody attack against tourists in a temple south of Egypt that left more than 60 tourists killed. So far, however, tourist sites have not been targeted.The surge in violence in the last two years was accompanied by a crackdown on the 87-year old Muslim Brotherhood, from which Morsi hails, and other Islamists. Militants say the attacks are meant to avenge the crackdown. Sinai-based Ansar Beit al-Maqdis — which has claimed most of the major attacks in Egypt — has pledged allegiance to the Islamic State extremist group fighting in Iraq and Syria and has declared itself to be the group’s Sinai Province.The government blames the Brotherhood for the violence, a charge the group has denied. But increasing pressure on the group appears to have caused a schism within, between those who openly call for a direct confrontation and others who call for peaceful means. There also has been a rise in attacks against government institutions, electricity poles and recently the deadly shooting of three judges. 5 ways to recognize low testosterone Sponsored Stories Ex-FBI agent details raid on Phoenix body donation facilitylast_img read more

Air India to launch flights to Tel Aviv

first_imgAir India (AI) has announced that it will begin flights between India and Israel by May 2017.  AI is planning to open the New Delhi-Tel Aviv route with three weekly flights.Yariv Levin, Minister of Tourism, Israel, said, “Air India Chairman Lohani was deeply impressed with his visit to Israel and is convinced that the many Indian tourists who will visit Israel will find it an exceptional tourism destination. There is no doubt that the opening of the route, combined with our marketing efforts in India, will generate a significant increase in incoming tourism from India.”Talking about the commencement of the new flight, Ashwani Lohani, CMD, Air India, said, “Air India is looking forward to the opening of the direct route to Israel in a few months’ time. I believe that this will have a positive effect on the tourism traffic between our two countries.”The Israel Ministry of Tourism established their India office in 2014 and since then tourist arrivals from India to Israel has grown by 28%. Regarding the growth in the India market, Hassan Madah, Director, Israel Ministry of Tourism in India, said, “We are very happy with the growth in Indian travellers to Israel. In 2016, there were 44,672 Indian tourists that travelled to Israel, setting a new record for the highest number of travellers from India. With Air India commencing operations directly to Israel, we are confident of an increased influx of arrivals to Israel in 2017.”With the addition of the Delhi-Tel Aviv sector to Air India’s roster, travel between the two countries is slated to increase exponentially, strengthening the relationship between the two nations.last_img read more

Buy Whispering Rock Gain Your Own Private Island

first_img Share In Montana, a real estate tycoon is looking to divest himself of a luxury, lakeside estate. Donald G. Abbey has listed his famed Whispering Rock property for $78 million, making it the fifth most expensive home for sale in the U.S.Located on Flathead Lake near “”Glacier National Park””:www.nps.gov/glac/, the 24-acre spread sits on its own private island, and “”Curbed””:http://curbed.com/archives/2012/07/03/nations-fifth-priciest-home-awaits-deeppocketed-buyer.php reports that ultra-wealthy potential buyers will enjoy one-of-a-kind design elements like African mahogany, Italian marble, and Indiana limestone. This is not the first time Abbey has tried to sell Whispering Rock, and the current price tag represents a steep discount over his original ask of $105 million.[COLUMN_BREAK][IMAGE] in Data, Government, Origination, Secondary Market, Servicing, Technology July 9, 2012 516 Views center_img Agents & Brokers Attorneys & Title Companies Celebrity Homes Investors Lenders & Servicers Processing Service Providers 2012-07-09 Abby Gregory Buy Whispering Rock, Gain Your Own Private Islandlast_img read more

Mortgage Origination Report Shows FICO Scores Dropping Across Loan Products

first_img Share in Daily Dose, Featured, Origination Mortgage Origination Report Shows FICO Scores Dropping Across Loan Products Credit Scores Ellie Mae FICO HOUSING loans market mortgage Origination Refinance 2017-12-20 Staff Writercenter_img December 20, 2017 823 Views FICO scores dipped across most loan types in November according to the Origination Insight Report released by Ellie Mae, a cloud-based platform provider for mortgage providers, on Wednesday. The report focuses on loans that closed in a specific month and compares their characteristics to similar loans that closed three and six months earlier.The report noted that the percentage of refinances held steady at 39 percent of total loans. Average FICO scores on all loans dropped to 722 in November from 724 in October. According to the report, refinances saw FICO scores dip across loan products with the FHA refinance scores dropping from 650 in October to 645 in November. Conventional refinance FICO scores dropped to 730 in November from 732 in the month prior and VA refinance scores also dropped to 700 from 702 in October.“We saw FICO scores drop modestly, especially across refinances, indicating that lenders may be loosening credit standards to attract the dwindling refinance market. This is certainly a trend we will continue to watch into the winter months,” Jonathan Corr, president and CEO of Ellie Mae said.The report also noted that in November the percentage breakdown of all closed loans remained steady with conventional loans at 66 percent, FHA loans at 20 percent and VA loans at 10 percent. The closing time for all loans held at 43 days for the third straight month according to the report which is published monthly. Thirty-year interest rates increased marginally from 4.20 percent to 4.24 percent in November and the percentage of ARMs increased to 5.6 percent, the report said.“Interest rates rose slightly in November while we saw the refinance share hold at 39 percent of all closed loans,” Corr said. To read the entire origination report click here.last_img read more