Maharashtra: 30 activists held during protests in support of Ramdev

first_imgAround 30 members of Bharat Swabhiman Sanghatana and Yuwa Swambhiman Manch were detained during their protests in support of yoga guru Baba Ramdev, on Sunday.The activists held demonstrations at a couple of places and tried to burn the effigy of a central minister, police said, adding that the protesters were later released.Meanwhile, BJP leaders, led by city president Anil Sole, launched a 24-hour satyagraha here to express their solidarity with the yoga guru.Similar protests and demonstrations were reported from neighbouring districts of Wardha, Chandrapur and Bhandara, police said.- With PTI inputslast_img

BCCI bigwigs meet to ‘finalise’ portfolios

first_imgAs the annual general body meeting of the Indian cricket board draws closer, the list of aspiring candidates for some of the top posts seems to be growing longer. And contrary to belief that all the posts would be filled by consensus, elections may still take place.A virtual who’s who of the affiliated units of the Board of Control for Cricket in India (BCCI) has suddenly got “interested” in the various posts up for grabs as N Srinivasan assumes president’s post next week.On Friday, a “crucial” meeting of all the top Board officials took place in Mumbai and the claims of the candidates are believed to have been discussed threadbare.”All the big guns met here in Mumbai and a majority of decisions are believed to have been taken. But some more discussions were likely to happen tommorrow too,” a source told Mail Today. Of all the positions available, only Rajeev Shukla, presently a vice-president from central zone, looks a certainty for the chairmanship of the Indian Premier League (IPL) governing council. The council is now reconstituted at the AGM to give more control to the BCCI, particularly the secretary, over the lucrative twenty20 tournament.A majority of the other BCCI posts – five vice-presidents, one secretary, one joint secretary, one treasurer, and the men’s and women’s national selection panels, besides various sub committees, would be re-jigged.The most coveted of posts that are vacant is that of secretary. Among the prominent names being floated around are incumbent joint secretary Sanjay Jagdale, current treasurer MP Pandove, and Orissa Cricket Association president Ranjib Biswal.advertisement”Jagdale, a former first-class player, has the advantage of a clean image while Pandove is a seasoned cricket administrator and is also non-controversial. Biswal, a former India under-19 and Orissa captain, is very close to Srinivasan and he looks to be the frontrunner as of now,” said a source “Shukla was also offered the post of secretary, but he had politely declined citing his responsibilities as minister for parliamentary affairs,” he said.”He wanted a less hectic portfolio and the chairmanship of the IPL governing council suits him fine as he would be an ideal link between the Board and the government, especially after a lot of tax-related issues with the IPL.” For the treasurer’s post, sources say, at least three people are in the fray.”Jyotiraditya Scindia, minister of state for commerce and industry and president of Madhya Pradesh Cricket Association, Maharashtra Cricket Association president Ajay Shirke, who’s considered to be very close to political heavyweight Sharad Pawar, and former BCCI secretary Niranjan Shah are interested parties,” they said.And for the joint secretary’s position, Anurag Thakur and Amitabh Choudhary are said to be in the race.last_img read more

IPL 2016: Bhuvneshwar Kumar hails Sunrisers Hyderabad ‘strategy’ vs Gujarat Lions

first_imgMan of the Match Bhuvneshwar Kumar has praised his fellow Sunrisers Hyderabad’s bowlers after his side crushed high-flying Gujarat Lions by 10 wickets in an Indian Premier League match in Rajkot on Thursday. Bhuvneshwar led the attack with four for 29 to restrict Gujarat to 135 for eight before captain David Warner and Shikhar Dhawan slammed fifties to guide Sunrisers to their second win.”We have a strong bowling attack and it was our plan to bowl first and restrict the opposition to around 150 so that it would be an easy chase for our batsmen,” Bhuvneshwar told reporters after Hyderabad defeated Gujarat by 10 wickets last night at the Saurashtra Cricket Association stadium.”We planned against Mumbai Indians and did the same here and both the time our plan worked and we won the match while chasing,” he said.Talking about their strategy, Bhuvneshwar said: “We bowled to our plan by using slow cutters and wanted the batsmen to use their power and our plan worked. Most of the Gujarat Lions batsmen got out while playing big shots.” (David Warner proud of SRH bowlers)Bhuvneshwar removed inform opening batsman Aaron Finch, who had hit three consecutive fifties before this match, on the fourth ball of the first over and Gujarat never recovered from the early damage.The SRH invited the Lions to bat first and restricted them to 135 runs and then chased down the target of 14.5 overs without losing a wicket.Captain David Warner made unbeaten 74 while Shikhar Dhawan, who had scored only 16 runs in three matches before the game, remained not out at 53.advertisementTalking about Finch’s wicket, Bhuvneshwar said: “Finch had won three matches on-the-trot for his side and it was necessary for us to get him out quickly, and I’m happy that we could do so by sending him back in first over.”They have a strong batting line up and if they don’t lose wickets in first ten overs, their batsmen can be dangerous for the opposition, but we managed to take wickets at regular intervals and not allow them to score big runs,” he said.Praising Gujarat Lions skipper and his Uttar Pradesh state-mate Suresh Raina’s knock, Bhuvneshwar said: “It’s difficult to stop him from scoring runs once he settles down at the crease, but we did not allow GL to build a partnership and that was the plus point for our side.”(With PTI inputs)last_img read more

Kings Punch Out Punchless Rangers, Lead Cup Finals 3-0

first_imgNEW YORK — It turns out Jonathan Quick and the Los Angeles Kings are just as good with the lead as they are without it.That leaves the New York Rangers with little hope of making much of a series out of the Stanley Cup finals.Quick stopped 32 shots in his best start of the series, Jeff Carter scored in the final second of the first period, Jake Muzzin and Mike Richards added goals in the second, and the Kings beat the Rangers 3-0 on the night of June 9 to move within one win of their second Stanley Cup title in three years.Los Angeles leads 3-0 and can claim the Cup on the night of June 11 in New York. The Kings have already survived three Game 7s on the road, so this amount of success has their confidence soaring.Quick hardly showed it when he took the podium wearing a black hooded sweatshirt. “I don’t think it would be any different if we were down 3-0,” Quick said. “We’re just trying to win a game in a couple days here. That’s the focus.”After the Rangers blew two-goal leads in each of the first two games of the championship round in Los Angeles, they came home and couldn’t get anything going against Quick.The All-Star was sharp early and in the middle when the Kings built their lead. Not even six power plays could jump-start New York’s offense. “We did a lot of things the right way,” Quick said. “Now we get ready for the next one. The fourth one is always the most difficult.”Los Angeles escaped with two overtime wins at home and then took complete command inside Madison Square Garden.The Kings grabbed their first lead of the series on Carter’s goal and then stretched the edge to three goals in the second — something the Rangers failed to do in California.While there has been only one comeback from a 3-0 hole in the finals, the Kings erased such a deficit in the first round against San Jose.“Well, we know it’s possible,” Richards said. “The last game is always the hardest. We played a good game. We’re going to have to play a better game if we’re going to want to have success.”New York’s Henrik Lundqvist was hardly at fault on the goals, and finished with 12 saves. He was just outdone by Quick, who was perfect at the other end of the ice.“You try to stay positive right now, but it’s tough. It’s really tough,” Lundqvist said. “We are doing a lot of good things, but you look at the goals, and we put two in our own net. Then just a tough play on the third one.”Quick, a Connecticut native who grew up a fan of the Rangers and 1994 Stanley Cup-winning goalie Mike Richter, made a brilliant save with his stick blade to deny Derick Brassard shortly after a Rangers power play. That stop came on the heels of Brassard having two chances during the advantage off a rebound of Brad Richards’ shot.Brassard’s first attempt was blocked, and the second was stopped by Quick.The Kings goalie was also on his toes just 8 seconds into the third when Chris Kreider came in alone but was stopped in tight. That eliminated the optimism the sold-out, towel-waving crowd had of a big comeback.“You’ve got to finish in this game. It’s a performance-oriented business,” Rangers coach Alain Vigneault said.Los Angeles took its first in-game lead in the series when Carter scored his 10th of the playoffs on the Kings’ fifth shot. Carter snapped a hard drive that clipped the skate of diving defenseman Dan Girardi in front and caromed inside the right post with 0.7 seconds left.The red and green lights behind Lundqvist both flashed while the Kings celebrated. At no point did Los Angeles hold the lead at home in the first two games until they ended each contest with an overtime goal.“It was an unfortunate goal to give up at the end of the period,” Rangers defenseman Ryan McDonagh said. “I thought our guys stayed with it and tried to come out with some energy, and created a lot. It was a tough one.”The quick pace played into the Rangers’ preferred style, but New York managed only four shots in the first period. The Rangers led 2-0 in each of the first two games but couldn’t hold on. They nearly took the lead again when Mats Zuccarello faced an empty net at the left post, yet he was stopped by Quick’s lunging stick.The Rangers’ early 2-0 lead in the series opener became a 3-2 loss when Justin Williams scored in overtime. They held three two-goal leads in Game 2, only to be thwarted when Kings captain Dustin Brown won it in double overtime on June 7.Quick had plenty of support in front of him to post his second shutout in these playoffs and ninth overall in the postseason. “The team played great in front of me, cleared out a lot of rebounds that I left in front,” Quick said.Muzzin made it 2-0 at 4:17 of the second after former Rangers forward Marian Gaborik and Anze Kopitar worked the puck up the right wing wall to Muzzin at the point for a shot that struck New York’s Martin St. Louis and found its way past Lundqvist.Mike Richards finished a 2-on-1 with Trevor Lewis when his attempted pass across bounced back to him off McDonagh and was put it with 2:46 left in the second.(IRA PODELL, AP Sports Writer)TweetPinShare0 Shareslast_img read more

10 months ago​Juventus offer Khedira for Arsenal midfielder Ramsey

first_img​Juventus offer Khedira for Arsenal midfielder Ramseyby Ansser Sadiq10 months agoSend to a friendShare the loveJuventus are willing to sign Aaron Ramsey in the January transfer window.Ramsey is out of contract in the summer, when Juve and other clubs could sign him on a free.But the Italian giants want him now to help with their battle to win the UEFA Champions League.And Calciomercato suggests that Juve could offer Arsenal a swap deal with Sami Khedira to secure Ramsey this month.The outlet claims Khedira is a player that Unai Emery would like to sign at the Emirates Stadium club.28-year-old Ramsey has 2 goals and 6 assists in 18 Premier League appearances this season – with 10 coming as a substitute. TagsTransfersAbout the authorAnsser SadiqShare the loveHave your saylast_img

Ocean Yield Buys Two PCTCs, Charters Them Out to Höegh

first_imgzoom Ocean Yield ASA has agreed to acquire two Pure Car Truck Carriers (PCTC) of 4 900 car capacity with long- term bareboat charters to Höegh Autoliners (Höegh).IllustrationThe vessels, which were built in 2010, will be delivered to Ocean Yield within Q2 2014 and will from delivery be chartered to Höegh for a period of 8 years.The total investment is approximately USD 90 million. Höegh will have certain options to acquire the vessels during the bareboat charter period, with the first option after five years.The transaction is subject to agreement on final documentation.Höegh Autoliners is a global provider of deep sea Ro/Ro transportation services. The company operates about 60 Pure Car and Truck Carriers (PCTCs) in global trade systems, making around 3500 port calls and carrying about 2 million car equivalent units per year.Ocean Yield ASA’s Chief Executive Officer Lars Solbakken said: “We are pleased to announce our third transaction with Höegh Autoliners, which is considered to be a leading company in the market for deep sea car transportation. Including the transaction announced earlier today, our EBITDA charter backlog has now passed USD 2 billion.”Press Release, May 9, 2014; Image:  Höeghlast_img read more

At a breaking point Nunavut hamlet of Pangnirtung cries for help

first_imgPANGNIRTUNG, Nunavut – Everyone thought things in the Nunavut community of Pangnirtung were finally looking up.The hamlet, which once had one of the highest suicide rates in the territory, hadn’t seen a single such tragedy in more than a year. A community group had drawn up a forward-looking, proactive plan to keep youth safe. People breathed easier.Then February came.“We had 12 suicide attempts by youth over a period of about two weeks,” said hamlet Coun. Markus Wilcke. “We’ve had a bit of a wake-up call.”The picturesque hamlet of about 1,400 surrounded by mountains, glaciers and ocean took a look at itself and concluded things weren’t going so well. Pangnirtung was soaked in violence, at a breaking point.Police calls had increased 50 per cent since 2016. Assaults nearly tripled. A string of arsons starting last fall destroyed a half a dozen buildings, including badly needed housing and the school bus.Last September, a 16-year-old wandered through the town in the early morning, firing a gun 11 times into the air near the school, the health centre and the post office.In March, the territory’s poison control centre took 55 calls from Pangnirtung — three times as many as from any spot in Nunavut.Booze flows in what is supposed to be a dry community. Domestic violence follows.“We’ve reached the limits of the resilience and resources of the community,” said Wilcke. “There was a reaction of, ‘We’ve got to do something.’ We felt that we were in quite a desperate situation. We don’t want to go back to where we were.”So last week, the hamlet council issued a life-and-death plea to the territorial government for help.“Violent events in Pang have now become a daily occurrence,” says the letter. “Bootlegging is rampant and uncontrolled.“If adequate urgency response services are not provided immediately, more and more people in Pangnirtung will be physically injured, emotionally traumatized and more lives will be lost.”No one knows what touched off the events in February. Pangnirtung is not without resources: a community hall and arena for organized sports, active clubs for youth, engaged elders. An adjacent national park and a fish-processing plant provide some jobs.A volunteer group had just been formed to address the hamlet’s quality of life and wellness.“It’s really disheartening that in the middle of this, all of this started happening,” said local member of the legislature Margaret Nakashuk.She suspects current problems stem from so many years without social supports.Pangnirtung — like most Nunavut communities — has no addiction treatment programs, emergency shelters or crisis support services. Its front-line workers, from mental-health staff to RCMP, are few and overworked.“It is very difficult when we know the resources are not available for people that need counselling or support in terms of getting help with addictions,” said Nakashuk. “There’s nothing local in our community — or any other small community in Nunavut.”Pang’s letter to the territorial government asks for an emergency shelter, money for crisis counselling and victim support, quicker referrals to advanced mental-health treatment and more front-line workers. It also wants airplanes leaving for the community screened for alcohol and drugs.“We hope to find solutions that are really addressing the urgency issues,” Wilcke. “A lot of that will need to be sorted out as we go along.”The territorial government has said it will send representatives to the next council meeting on May 21.“We received the submission from the hamlet of Pangnirtung, and have provided it to the cabinet committee on quality of life for their review,” said Premier Paul Quassa in an email. “Officials from Justice, Health, Family Services and local RCMP have also indicated that they will meet in Pangnirtung with the hamlet council to discuss their concerns.”Wilcke is hopeful that Pangnirtung’s will to help itself, with a little boost from the territory, could offer valuable lessons for other Nunavut communities.“Hopefully, they will find we could pilot a project that would be useful for other communities. We are definitely not unique.”— By Bob Weber in Edmonton. Follow @row1960 on Twitterlast_img read more

Homeless in Yellowknife at 50 below zero

first_imgAPTN National NewsWhile the number of homeless people living in Yellowknife continues to rise, there’s only one shelter for them to go to.Now some are saying it’s poorly managed.What are their options when temperatures fall to -50C?APTN National News reporter Wayne Rivers has the story.last_img

New 25B contract awarded to manage nuclear weapons lab

first_imgALBUQUERQUE, N.M. – Overseeing a top nuclear weapons laboratory that has had security and safety problems will be the responsibility of a new management team that includes two universities and a research firm that does work around the world, the U.S. government announced Friday.The National Nuclear Security Administration chose Triad National Security LLC as the winning bidder to manage Los Alamos National Laboratory, the birthplace of the atomic bomb. Comprised of Ohio-based Battelle Memorial Institute, Texas A&M University and the University of California, the team will begin taking over later this year.The contract — worth an estimated $2.5 billion a year — marks a big step as federal officials look to get the lab back on track after safety lapses and missed goals.The lab in recent years has mishandled plutonium and mistakenly shipped nuclear material to other federal facilities via a commercial cargo plane. It also inappropriately packaged waste that led to a radiation release and a nearly three-year closure of the nation’s only underground nuclear waste repository.Criticism of the lab’s safety record has intensified as the federal government pushes to restart production of plutonium cores for the nation’s nuclear weapons arsenal.Following serious concerns about management more than a decade ago, the University of California formed a consortium with Bechtel and other private companies to become Los Alamos National Security LLC.Problems persisted, however, and federal officials announced in 2015 that the contract wouldn’t be renewed due to missed performance goals.The National Nuclear Security Administration followed up in 2017 with a request for proposals that called for the would-be contractor to foster a “security conscious culture,” something watchdog groups have said has been missing at the lab.NNSA Administrator Lisa Gordon-Hagerty didn’t address the lab’s previous problems in a statement issued Friday. Instead, she mentioned its history of scientific innovations related to national security.“The lab will continue to be a critical resource to ensure the future safety and security of the United States as we begin work on new endeavours, like the effort to recapitalize our plutonium pit mission,” she said.Gordon-Hagerty was referring to a recent recommendation by her agency that Los Alamos each year produce at least 30 plutonium cores — the triggers for nuclear warheads.Production of the cores has been based at Los Alamos since the 1990s, although none have been turned out since 2011 because of safety problems and concerns about a lack of accountability.At least 50 cores, also known as pits, will be produced each year at the U.S. Energy Department’s Savanna River Site in South Carolina under the recommendations outlined in May.The effort is worth hundreds of jobs and billions of dollars in federal funding that would be needed to either revamp existing buildings or construct new factories to support the work.The National Nuclear Security Administration said Triad was “the best value” when all factors were considered and will provide future stability for up to 10 years if all contract options are exercised.The contract is a boon for U.S. Energy Secretary Rick Perry’s alma mater. Texas A&M regents who authorized pursuit of the deal include some of Perry’s biggest political donors and his personal attorney.Asked whether Perry, a former governor of Texas, spoke with Texas A&M officials or regents during the bidding process, A&M System spokesman Laylan Copelin on Friday referred to a brief statement that didn’t address Perry’s possible involvement.In that statement, University of California and Texas A&M officials said they were committed to building on seven decades of world-class research and innovation at Los Alamos.The National Nuclear Security Administration said Perry played no role in the evaluation or selection of Triad.Asked about the lab’s troubled history, the University of California’s Office of the President said it could not provide any more information about the new management team’s plans until the transition begins later this year.The University of California has played a role in management since the lab’s inception in the 1940s as part of the Manhattan Project.Watchdog groups that have been critical of the safety lapses at the New Mexico lab were concerned about the University of California’s continued role and political influence in that state.Greg Mello with the Los Alamos Study Group questioned whether the universities, Battelle and the other companies will be able to keep clear lines of responsibility.___AP writer Paul Weber contributed to this report from Austin, Texas.last_img read more

UN report says fragile climate puts food security at risk

first_imgBANGKOK — A United Nations report says that feeding a hungry planet is increasingly difficult as climate change and depletion of land and other resources undermines food systems.A report by the U.N. Food and Agricultural Organization released Wednesday says population growth requires supplies of more nutritious food at affordable prices.But increasing farm output is hard given the “fragile state of the natural resource base” since humans have outstripped Earth’s carrying capacity in terms of land, water and climate change.Food security is also endangered by civil strife and other conflicts. In Yemen, where thousands of civilians have died in airstrikes by a Saudi-led coalition, the aid group Save the Children says 85,000 children under 5 may have died of hunger or disease in the civil war.The Associated Presslast_img read more

Charlie Lake PreChristmas Market to support Alaya McCormick

first_imgCHARLIE LAKE, B.C. – The Charlie Lake Pre-Christmas Market and Fundraiser is supporting Alaya McCormick at this year’s market.Alaya McCormick is a 15-year-old girl that attends North Peace Secondary School and is currently battling stage three cancer.Nicole Sztabkowski, an organizer for the Pre-Christmas Market, says she usually picks a charity that they will donate to within the community that is in need of assistance. “For this market, in particular, I’ve done a few, and I usually donate all the proceeds to different foundations. I chose her because I felt that the family needed a little extra help,”Sztabkowski says that all the money raised from the market will be going to McCormick.“How it works is, all the tables rentals that I collect, all after the hall is rented and paid for, all those sales go to her and as well, every vendor is asked to donate a door prize, and we sell the door prize tickets, and all of that money goes towards her as well,”Sztabkowski hopes the market will raise $2,000 for McCormick.So far, there have been a number of community events to help support McCormick and her family during cancer treatment.The Charlie Lake Pre-Christmas Market and Fundraiser takes place Saturday, November 10, at the Charlie Lake Hall.last_img read more

Deadly outbreak of kalaazar disease continues in South Sudan UN agency says

WHO spokesperson Tarik Jasarevic told reporters in Geneva that more than 18,000 cases of the disease have been recorded in South Sudan since the outbreak emerged in September 2009, with children mostly affected.The outbreak has since spread to other areas of the newly independent country, and the number of new cases so far this year is a third higher than the equivalent figures from last year, he added.WHO is working with national health authorities to reduce the number of deaths in the outbreak, in part by increasing the number of health-care facilities providing treatment for the tropical disease.Visceral leishmaniasis occurs in three clinical forms, and the current outbreak in South Sudan involves kala-azar, the most serious form.Kala-azar, which is transmitted by the bite of sandflies, can cause death by attacking a person’s internal organs and bone marrow and has a mortality rate of 95 per cent if it is not treated.Daniel Dagne, a medical officer for WHO, said the number of deaths from the outbreak was likely to be under-reported in South Sudan, which has little infrastructure and numerous remote communities. 28 October 2011At least 720 people have died in South Sudan from a protracted outbreak of visceral leishmaniasis, a parasitic disease, and the number of deaths could be much higher, the United Nations World Health Organization (WHO) reported today. read more

WatchWhat the merger of Shoppers Optimum and PC Plus loyalty cards means

Customers at Shoppers Drug Mart or any of Loblaw Companies Ltd.’s grocery stores will soon use a new, unified loyalty program that replaces Optimum and PC Plus points.Loblaw (TSX:L) will merge the two programs starting Feb. 1, 2018 under the name PC Optimum — a long-anticipated move that comes more than three years after the grocery giant acquired the pharmacy chain and its in-house Shopper Optimum system.“We’re bringing the very best of Shoppers Optimum and PC Plus together,” said Uwe Stueckmann, senior vice president of marketing.PC Optimum is “the future of loyalty programs for Loblaw companies,” he said, “harnessing both the power of PC Plus and Shoppers Optimum across the unified network of our stores coast to coast.”Food retailer Loblaw raising handling fee for its largest suppliersLoblaw could be stoking another supplier showdownCIBC launches Simplii Financial direct banking but customers finding glitchesFor the company, the merger creates a more efficient and unified data collection system to gather insights to better target customers, an increasingly important tool for grocers in a highly competitive market.Consumers can keep collecting points as usual until Feb. 1 next year when their Optimum and/or Plus points will move to the new program at equal value. If a collector has $100 worth of Optimum points, they will receive $100 worth of PC Optimum points, for example.In Quebec, where Shoppers Drug Mart operates under the Pharmaprix name, the Pharmaprix Optimum program will end on Jan. 31, 2018 and members will have until May 2 that year to redeem their points or convert them at equal value to the new program.Collectors will then use a single card or app and continue to earn points on money spent at Shoppers. They’ll also be able to earn points through personalized offers and in-store promotions at all stores, and by using the President’s Choice Financial MasterCard.The new program will have an easy to remember redemption system — with 10,000 points valued at $10, 20,000 points at $20 and so on to a maximum single transaction redemption of $500. Shoppers can use their reward money at any of Loblaw’s nearly 2,500 stores and the company’s websites.Consumers will earn 50 per cent more points for almost every dollar spent at Shoppers Drug Mart locations to help account for the higher number of points needed for each redemption level. Under the current Optimum program, collectors earn 10 points for every $1 spent, but need 2,000 fewer points to buy $10 worth of goods, for example.However, BMO analyst Peter Sklar notes that it’s difficult to gauge whether the new system will provide extra value for consumers because while the change in the point structure means points are earned faster, they are redeemable for less dollar value.“As a result, we believe the management of the marketing program to educate consumers on the value of PC Optimum will be crucial for consumer reception,” he wrote in a note.More than 19 million active members make up the base of the two current programs, with at least 50 per cent of members enrolled in both, said Jim Noteboom, senior vice-president of loyalty and consumer insights.After Loblaw acquired Shoppers in 2014, Noteboom said consumers told the company they wanted one program rather than two separate ones because it would make their lives easier.“Make it one program, that’s easy to understand and easy to earn, with points that are redeemable at all stores,” he said collectors told the company while it gathered research on its loyalty cards. Analyst speculation about a points merger has heightened since August when CIBC (TSX:CM) and Loblaw’s PC Financial announced they would end their nearly 20-year relationship.In its place, CIBC launched Simplii Financial — a no-fee direct banking brand — on Nov. 1. In the breakup, savings, chequing and mortgage accounts went with Simplii, while MasterCard credit cards and the PC Plus points program remained with PC Financial.The change means PC Financial debit card holders no longer earn PC points when using those cards. Both spokesmen said that the end of the company’s relationship with CIBC was unrelated to the decision to merge both programs, which has been in the works for a few years.For RBC retail analyst Irene Nattel, the merger answers a long-standing question about how the company would deal with its two loyalty programs in order to maximize reach and impact, she wrote in a note Wednesday.“In a world with increasing retail fragmentation, PC Optimum has the potential to be a powerful tool to retain and grow share of wallet within the Loblaw ecosystem.” read more

Bolivia Annan sends special envoy in support of peaceful elections this weekend

Assistant Secretary-General for Political Affairs Angela Kane is expected to meet with current President Eduardo Rodriguez on Thursday. Mr. Rodriguez, head of Bolivia’s Supreme Court, was sworn in as President in June after months of protests.Since March, Mr. Annan has issued several statements urging Bolivians to resolve differences over national interests peacefully. In June he sent Under-Secretary-General for Economic and Social Affairs José Antonio Ocampo to assess how the UN could help the country as it tackled the political transition and economic issues.

Americans bought 33 per cent more homes in April led by strong

Americans bought 3.3 per cent more homes in April led by strong gains in Midwest and West. AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to RedditRedditShare to 電子郵件Email by News Staff Posted May 23, 2012 12:03 pm MDT WASHINGTON – Americans bought more new homes last month, the latest evidence that the U.S. housing market could be starting to recover.New-home sales increased 3.3 per cent in April from March to a seasonally adjusted annual rate of 343,000, the Commerce Department said Wednesday. Sales rose sharply in every region of the country but the South.The gain pushed the annual sales pace to its second-highest level in two years. Economists were encouraged by the increase but cautioned that new homes are still selling at half the rate consistent with healthy markets.The increase follows other reports this week that suggest steady improvement in housing. Sales of previously occupied homes rose to near a two-year high in April. And Toll Brothers, a key U.S. builder of luxury homes, reported that it returned to profitability in the second quarter.A pickup in hiring, cheaper mortgages and lower home prices in most markets have made home buying more attractive.“Housing could be a pleasant surprise this year,” said Ellen Zentner, a senior economist at Nomura Securities. She said home construction would likely contribute to overall economic growth this year for the first time since 2005.Sales of new homes rose 28 per cent in April from March in the Midwest and the West, and 7.7 per cent in the Northeast. Only in the South did sales fall, by 10.6 per cent.The median price rose to $235,700, a slight increase from March.On Tuesday, the National Association of Realtors said sales of previously owned homes increased 3.4 per cent to a seasonally adjusted annual rate of 4.62 million. That nearly matched January’s sales pace of 4.63 million, which had been the best in two years.Though new homes represent less than 20 per cent of the housing market, they have an outsize impact on the economy. Each home built creates an average of three jobs for a year and generates about $90,000 in tax revenue, according to statistics compiled by the National Association of Home Builders.Builders have grown more confident since last fall, in part because more people are expressing interest in buying a home. In May, builder optimism rose to the highest level in five years, according to a monthly index compiled by the builders’ group.Mortgage rates, meanwhile, have fallen to record lows, making home-buying more affordable. Still, many would-be buyers are having difficulty qualifying for home loans or can’t afford larger down payments required by banks. read more

I wont pay movement announces protest

first_img Facebook Twitter: @NeosKosmos Instagram The Coordinating Committee of the “I won’t pay” movement for the Peloponnese on Thursday announced plans for an organised protest at road tolls across the region at 3pm on Sunday, defying the government’s attempts to criminalise the civil disobedience movement. In addition to Sunday’s protest, there is separate protest at road tolls in the Peloponnese on Thursday organised by Pame, the trade union faction affiliated to the Communist Party of Greece (KKE) that is raising bars at road tolls to allow drivers through without paying. Representatives of the movement said they would continue to fight against what they consider unfair and unjust laws that allowed contractors exploiting roads to charge exorbitant road tolls. “When injustice becomes a law of the state, then disobedience to those laws is not only justified but an obligation of the citizens,” they stressed. Source: ANAlast_img read more

Sony Xperia i1 Aka Honami Spotted Again To Support 4K Video Recording

first_imgRumours of Sony’s upcoming flagship smartphone, Xperia i1 aka Honami, have gained momentum in the recent weeks. Latest reports suggest that the upcoming smartphone will come with the capability of shooting videos in 4k.Chinese publication Vgooo which claimed to have got hold of a slideshow presentation about the upcoming Xperia i1/Honami said the smartphone would be capable of recording 4k video with a resolution of upto 2000×4000 pixels. However, when taking into consideration that Sony’s 4K Ultra HD televisions only support 3840×2160 pixel resolution, the purported slides of Sony Xperia i1 raises questions about their authenticity.Images of the smartphone were again spotted on Chinese micro-blogging website digi-wo. In one of the pictures, the smartphone is seen next to iPhone 5 for a comparison. The website posted a series of pictures and the purported smartphone was seen in a white frame.According to reports, the pictures confirm the presence of the much rumoured 20.7-megapixel camera in Xperia i1/ Honami. Other rumoured features of the handset include a 5-inch TRILUMINUS display with 1080p resolution, 2.2GHz Qualcomm quad-core Snapdragon 800 CPU with Adreno 330 GPU, 2GB RAM, 16GB internal storage and Android Jelly Bean 4.2.2 operating system. The device is expected to make its debut on 4 September at the IFA event in Berlin.last_img read more

Realty index outperforms Sensex Nifty DLF Unitech HDIL Sobha rise sharply

first_imgRealty stocks such as DLF, Unitech and Sobha outperformed benchmark indices BSE Sensex and NSE Nifty 50 on Wednesday that saw markets remaining buoyant on account of the Narendra Modi government approving the recommendations of the 7th Central Pay Commission (CPC) and global cues.The Nifty Realty index gained 3 percent while the BSE Realty rose 3.15 percent.Unitech shares were up 8.55 percen,t DLF gained 7.8 percent and HDIL edged 2.90 percent higher.The BSE Sensex ended with a gain of 216 points at 26,740 while the NSE Nifty 50 ended 76 points higher at 8,204. Hero Motocorp, Tata Motors, NTPC and Tata Steel were leading the Sensex rally on the Bombay Stock Exchange on Wednesday, tracking Asian equities that rose on the back of gains registered on European and U.S. stock markets on Tuesday.The Sensex was up 117 points at 26,642 at around 12.03 p.m., while the NSE Nifty 50 gained 40 points and was trading at 8,168.”US markets closed more than 1.5% up yesterday, lifted by gains in oil prices, as investors looked for bargains post the Brexit sell-off. Analysts also pointed to improvement in sentiment after initial fears of significant negative spillover from the U.K. vote to leave the European Union. Energy gained over 2.6% and financials closed nearly 2.5% higher to lead all S&P sectors higher,” brokerage Angel Broking said in a note on Wednesday.The benchmark index on the London Stock Exchange also rebounded, with specific stocks gaining after being hit in the aftermath of Brexit.”Recovery at FTSE was seen mostly across sectors that had been hit the most in last 2 trading sessions, i.e. banks, property & airline stocks,” Angel Broking said.The Indian rupee opened with a gain of 17 paise at 67.78 to the U.S. dollar from its previous close of 67.95. The gain was in tandem with the bullish sentiment on the stock exchanges.”The intra-day range is seen between 67.50-68.00 levels,” IFA Global said in a note.In related news, the Narendra Modi government cleared the recommendations of the 7th Central Pay Commission (CPC), paving the way for a boost to consumption. This is widely seen as giving a fillip to the economy. Companies in the real estate, auto and FMCG space are expected to benefit the most from the hike in salaries and allowances poised to benefit about 1 crore employees and pensioners.Republished at 5.05 p.m. with additional details.last_img read more