Snubbed Usman Khawaja not pinning hopes on Ashes recall

first_imgHaving been pulled out of Australia’s one-day team to prepare for India, then ignored by selectors for every match in the subcontinent, batsman Usman Khawaja is guarded about his chances of winning a Test recall for the Ashes.The stylish number three suffered a further blow on Thursday when he was left out of Australia’s one-day squad for next month’s Champions Trophy in England and Wales.Being excluded from the nation’s formidable one-day team is nothing to be ashamed about given the batting riches at selectors’ disposal.However, the India snub was a bitter pill to swallow for a player who had averaged 66.75 in the preceding Test series against Pakistan after topping the runs list in a losing cause against South Africa.Rubbing salt into the wounds, Khawaja was left to carry the drinks during the four-test series in India and watch his replacement Shaun Marsh manage only 151 runs at an average of 18.87 from his eight innings.”The most frustrating thing for me was not to play those three ODIs in New Zealand,” Khawaja told Fox Sports (www.foxsports.com.au).”I got pulled out of that series to prepare for India and then not playing was a bit hard.”The plain-spoken Khawaja has had a frosty relationship with selectors in the past.As Australia lurched to an emphatic defeat in Sri Lanka last year, he was axed, somewhat harshly, for the third and final Test along with opener Joe Burns.He made his displeasure with selectors clear.Still stinging from the omission, Khawaja told local media he and Burns were “scapegoats” for the team’s wider failures, an indiscretion that earned him a quiet “chat” with coach Darren Lehmann.advertisementFormer players and media pundits have repeatedly accused Australia’s selectors of being poor communicators and particularly ham-fisted in their handling of dropped players.But Khawaja said there were no hard feelings from his India disappointment, with Lehmann having gone out of his way to let him down easily.”To Boof’s credit I had a chat to him about all that stuff and he came up to me and he actually knew where I was at in that things had not worked out,” said the Pakistan-born 30-year-old.Khawaja is likely to be restored to Australia’s top order for the Ashes, given the left-hander’s fine record on home pitches over the past two seasons.But he has learnt not to look too far ahead.”It is the pinnacle of cricket when you represent Australia – playing against the old enemy,” he said.”But to be frank it is still far away and a lot can happen between now and the Ashes.”last_img read more

Photo: Here’s the No. 1 RB In The 2016 Class, Kareem Walker, Posing With The Heisman Trophy In An Ohio State Jersey

first_imgKareem Walker poses with Heisman Trophy.Kareem Walker is the No. 1 running back in the 2016 and he’s committed to play at Ohio State. You probably don’t remember him committing, Buckeye fans, because he made his pledge during your team’s College Football Playoff National Championship Game. It’s understandable. The 6-foot-1, 210-pound back out of Wayne, New Jersey, is ranked the No. 9 player in the country by 247 Sports’ Composite Rankings. He’s talented enough to become one of the best running backs the Buckeyes have ever had – and they’ve had plenty. Former Ohio State greats Archie Griffin (1974, ’75) and Eddie George (1995) both won the Heisman Trophy during their time in Columbus. Could Walker become the third running back in Ohio State history to win the award (or, possibly, the fourth if Ezekiel Elliot takes it home in 2015)? Here he is posing in a Buckeye uniform with the trophy. Tb #BuckeyeNation #Heisman pic.twitter.com/gqMKyEFW26— AlⓂ️ightyReem (@_KareemWalker) January 19, 2015Ohio State currently has five commitments in the 2016 class – one five-star (Walker) and four four-stars.last_img read more

Wisconsin’s Nigel Hayes Refuses To Talk About Kentucky, Cites What Happened To West Virginia’s Daxter Miles

first_imgNigel Hayes won't discuss Kentucky during press conference.Nigel Hayes is a smart young man. Following Wisconsin’s Elite Eight victory against Arizona, the Badgers’ sophomore forward was asked about Kentucky, his team’s potential opponent in the Final Four. Hayes, who scored eight points in the West Region final, refused to say anything about the undefeated Wildcats. He cited what happened to West Virginia and victory-guaranteeing Daxter Miles as the reason for his decision to keep quiet. Does Nigel Hayes want Kentucky? “I’m not going to go down that road. A young man tried that a couple days ago, and it didn’t work too well.”— Adam Kilgore (@AdamKilgoreWP) March 29, 2015Hayes knows not to poke the bear. The bear is currently in a dogfight against Notre Dame, though. The Wildcats and the Fighting Irish are tied at halftime, 31-31. The game is being televised on TBS.last_img read more

Agriculture Minister Commends Winners of PLPU Competition

first_img Minister of Industry, Commerce, Agriculture and Fisheries, Hon. Audley Shaw, has lauded winners of this year’s Praedial Larceny Prevention Unit (PLPU) Essay and Poster competition. Minister of Industry, Commerce, Agriculture and Fisheries, Hon. Audley Shaw, has lauded winners of this year’s Praedial Larceny Prevention Unit (PLPU) Essay and Poster competition.He was speaking at the competition’s awards ceremony, held today (August 28), at the Ministry, Hope Gardens, in Kingston.“Your bold step to enter this competition shows that you are all motivated to make a change. You are all forward thinkers and you are leaders; therefore, no matter what the decision of the judges, you have all won and Jamaica is all the better for having such bright young minds as you,” the Minister told the students.The competition was held as part of the PLPU’s public education campaign to sensitise Jamaicans about the devastating impact of praedial larceny on the agricultural sector and the livelihood of farmers.The main objective of the competition was to engender greater awareness of the preventative measures that could be implemented by farmers on their farms in order to reduce praedial larceny. It was open to primary and secondary schools across the island.Students at the primary level were required to design a poster depicting the theme ‘Praedial Larceny is Everybody’s Business. What measures should be taken to combat the theft of agricultural produce in Jamaica?’.Meanwhile, students at the secondary level were required to write an essay on the same theme.Eleven-year-old student of Belmont Park Primary in St. Catherine, Sehu Ra, emerged the winner in the poster category. For her effort, she was presented with a trophy, tablet, gift basket, gift bag, a scholarship valued at $10,000, a book voucher valued at 15,000, and a goat.Alaine Preston, Angelique Forrest and Angel Anderson of Ocho Rios Primary School in St. Ann were awarded second, third and consolation places, respectively. They were presented with trophies, gift baskets, bags, book vouchers, farm tools, seedlings, chicks and fruit trees.Meanwhile, Akeila Salmon, a 15-year-old student at Belair High School in Manchester, emerged winner in the essay category. For her winning essay, she received a tablet, a trophy, gift basket, gift bag, a scholarship valued at $20,000, a book voucher valued at $15,000, and a goat.Camara Hamilton, Herbert Morrison High School in St. James, placed second; Shaneka Davidson of Seaforth High School, St. Thomas, third place; and a consolation prize was awarded to Daren Brown of Campion College, in Kingston. They were also presented with trophies, gift baskets, bags, book vouchers, farm tools, seedlings, chicks and fruit trees.National Praedial Larceny Prevention Officer at the Jamaica Constabulary Force (JCF), Sergeant Damian Harry, said he was impressed with the quality of entries submitted in both categories.He lamented, however, that “we have a culture that sees farmers and issues concerning farmers as unimportant”.“One of the ways that we know would bridge this gap is through public education, and where best to start but with our students, our young minds,” he said.Mr. Harry said he is appealing for more organisations to come on board. “We need your support; we need to make people aware; we need to make the competition bigger and better for next year,” he said.Sponsors for this year’s competition were Crime Stop Jamaica, Hi-Pro Ace Supercentre, Jamaica Dairy Development Board, Jamaica Small Ruminants Association, JP Tropical Foods Limited, and Seprod Limited. “Your bold step to enter this competition shows that you are all motivated to make a change. You are all forward thinkers and you are leaders; therefore, no matter what the decision of the judges, you have all won and Jamaica is all the better for having such bright young minds as you,” the Minister told the students. He was speaking at the competition’s awards ceremony, held today (August 28), at the Ministry, Hope Gardens, in Kingston. Story Highlightslast_img read more

Football Ohio State adds 4star linebacker Javontae JeanBaptiste to 2018 recruiting class

Ohio State earned its second commitment on National Signing Day and its 26th member of the 2018 recruiting class with linebacker Javontae Jean-Baptiste.The four-star from Oradell, New Jersey, gives the Buckeyes their fourth linebacker in the class along with Dallas Gant, Teradja Mitchell and K’Vaughan Pope.Jean-Baptiste is currently ranked as the No. 219 overall recruit in the 2018 class, according to 247Sports composite. He is also the 16th-best linebacker and sixth-best recruit in the state.Ohio State only has one other current player on its roster from New Jersey, although that area has been a hotbed for recruits since Urban Meyer became head coach for the 2012 season.Jean-Baptiste was primarily recruited by safeties coach and defensive coordinator Greg Schiano, who told Bruce Feldman of FOX Sports that he will return to the Buckeyes in 2018 after being reportedly interested in the New England Patriots defensive coordinator job.Ohio State currently ranks behind Georgia as the No. 2 overall recruiting class.Correction: The original publication said Ohio State had the No. 1 overall 2018 recruiting class, where it in fact is ranked behind Georgia at No. 2. read more

Spanish pay TV provider Ono is offering its custom

first_imgSpanish pay TV provider Ono is offering its customers access to online multiplayer games service PlayStation Plus for €3.99 per-month.The price represents a saving of 40%, with customers billed for PlayStation Plus direct on their Ono bill.PlayStation Plus lets gamers access a collection of free games, get discounts in the PlayStation Store, while PS4 gamers are also able to play against friends online.last_img

OFF TO THE POUND…A4 Audi estate car seized by pol

first_img OFF TO THE POUND….A4 Audi estate car seized by police in Derry.THE police in Derry would like a quiet word with the owner of this Audi A4 car which was found abandoned on a bad bend and blocking a farmer’s property.PSNI Foyle say on its Facebook page: “Could the owner of this Audi A4 estate which was left for a considerable period of time on the Beragh Hill Road, make contact with Constable Brogan of Ballyarnett NPT at Strand Road PSNI Station ASAP.“We would like to know why it was parked blocking a farmers property, was on a bad bend, had a number of dodgy tyres, was full of empty tins of alcohol and had a bong in the rear seat. “It’s also showing no insurance and was found on a public road.“We have seized it for now and happy to discuss it with the owner if located.“Police checks regarding the owner have been inconclusive thus far.”POLICE KEEN TO TRACE ‘INCONSIDERATE’ OWNER OF THIS ABANDONED AUDI CAR was last modified: January 6th, 2018 by John2John2 Tags: ShareTweetcenter_img BERAGH HILL ROADCONSTABLE BROGANPOLICE KEEN TO TRACE ‘INCONSIDERATE’ OWNER OF THIS ABANDONED AUDI CARPSNI FOYLElast_img read more

In This Issue   Currencies look tired and worn

first_imgIn This Issue. *  Currencies look tired and worn out. *  Singapore inflation increases! *  U.S. data is ugly. *  Chuck retracts his comments on Poland. And Now. Today’s A Pfennig For Your Thoughts. RBNZ Hikes OCR! Good Day! . And a Tub Thumpin’ Thursday to you! I’ve got a ton of stuff to talk about today, so get your cup of coffee, and something to nibble on (my fave would be a cheese Danish!), and sit yourself down, for this is going to be an interesting ride today. Now, if I can just remember all the stuff I wanted to talk about today! UGH! Funny, I can hear a song for the first time in 30 years, and remember the lyrics, but I can’t remember what happened 10 minutes ago!  Oh, well, I guess I should get worried if I end up forgetting those lyrics, eh? Reminds me a great 70’s song, by the Pousette-Dart Band. Amnesia.  I hope that it’s only amnesia, believe me I’m sick but not insane. Front and Center this morning, the Reserve Bank of New Zealand (RBNZ) surprised me and the markets for that matter, by hiking their Official Cash Rate (OCR) by 25 Basis Points (1/4%) last night. I wasn’t surprised that the RBNZ hiked the OCR, I was surprised that they did it rate hikes at back to back meetings.  Back to back, belly to belly, I don’t give a dang ’cause I’m stone dead already, the Zombie Jamboree! I had told you long ago, and before the first rate hike by the RBNZ in March that I expected the RBNZ to hike the OCR 3 times this year, adding a total of 75 Basis Points (3/4%) to the OCR. Well, there’s two down, one to go!  I’m feeling pretty confident that the 3rd rate hike will be coming, maybe not next month, but coming nonetheless, because the RBNZ remained hawkish in their statement last night. In fact, I’m so confident now, I’m going to be like a cheesy infomercial and tell you: That’s Not All! If the RBNZ acts right away, they might be ready to hike rates another 50 Basis Points (1/2%) before summer is over!  The New Zealand dollar / kiwi got a boost from the rate hike news, and the subsequent hawkish statements by the RBNZ, but this morning kiwi is flat, and waiting for the U.S. markets to get a view of the new level for the OCR in New Zealand. I think that with rates starting so low in New Zealand, that these first two rate hikes have almost brought rates back to a better starting point, and IF, (that’s a BIG IF) the RBNZ does hike two more times it will bring the OCR to 3.5%… Still quite low for New Zealand, but over 300 basis points better than the U.S., Japan, and Eurozone. nothing to stick your nose up in the air over. OK. The currencies as a whole look tired this morning, and all either flat or down a shade, and wouldn’t you know it, China allowed an appreciation in the renminbi / yuan overnight. Moving in an opposite direction than the other currencies.. Strange but true..  And Gold is still stuck in the mud below $1,300. Well, one of my fave currencies, because of the way it is used to combat inflation, instead of arbitrary interest rate adjustments, The Singapore dollar / Sing $, should be getting the wink and nod from the people who set the trading bands on the currency, the Monetary Authority of Singapore (MAS), soon. Why you ask? Well, Sing inflation moved higher in March by 1.2% VS last year.  Yes, I think that while inflation in Singapore seems to be under control, you can’t ignore a move from .4% in Feb, to 1.2% in March.  History shows us that the MAS is very diligent in maintaining price stability in Singapore, and knowing this, I would expect to hear that the MAS widened the trading band for the Sing $, very soon. Proving once again that the bad weather card is something that will be used when necessary. Canada printed their Feb, yes that’s right, Feb Retail Sales report yesterday.  Retail Sales for Feb rose the expected amount of +.5%, which follows a revised .9% gain in January.  You might recall,  that originally, Retail Sales in January for Canada printed at +1.3%, so the .9% revised number is a downward revision.  So, even Canada plays this game, folks. And they don’t have to!  Canada is a sound financial, hardworking country, they don’t need to play games with data! Any-old-way you roll the dice, the data was not good for the Canadian dollar / loonie. I did see a write up from one of the writers at Agora that touted the Canadian dollar as a buy.  He based it all on a recovery of commodities.  And that’s a great place to start, for the loonie is considered a Commodity Currency, and in the past has responded favorably to rallies in commodities. So, I guess the question would be.. Do you believe in a Commodities Rally? For if you do, you might want to look to the loonie in addition.. Well.. Shiver me timbers! I must make amends! Yesterday, I told you how I was watching the Polish zloty and liked the economic and fiscal performance in Poland. I had a dear reader send me a note and ask me if I were crazy? “Didn’t you see that Poland confiscated private pension funds?”   I was shocked! Because NO, I had NOT seen that story reported anywhere!  But this dear reader thought to tell me where she saw this (Thanks Lynn!) and sure enough there it was on zerohedge.com for all the world to see! OK. first let me set this up for you. Poland has a hybrid pension system: mandatory contributions are made into both the state pension vehicle, known as ZUS, and the private funds, which are collectively known by the Polish acronym OFE. Bond make up half the private fund’s portfolios, with the rest company stocks.. The Polish Gov’t called this, what I’m about to explain as “an overhaul”.  I’ll let you decide what you would call it, but I wouldn’t use the word “overhaul”! “On Wednesday, Prime Minister Donald Tusk said private funds within the state-guaranteed system would have their bond holdings transferred to a state pension vehicle, but keep their equity holdings.  The funds would effectively be left with only the equities portions of their assets, even this would be depleted, and there will be uncertainty about the number of new savers joining. But why is Poland engaging in behavior that will ultimately be disastrous to future capital allocation in non-public pension funds (the type that can at least on paper generate some returns as opposed to “public” funds which are guaranteed to lose)? After all, this is a last ditch step which no rational person would engage in unless there were no other option. Simple: there were no other option, and the driver is the same reason the world everywhere else is broke too – too much debt. By shifting some assets from the private funds into ZUS, the government can book those assets on the state balance sheet to offset public debt, giving it more scope to borrow and spend.” See what happens when a Gov’t gets pushed against a wall by debt? That couldn’t happen here, right?  Ahem. think again. Oh, and by the way, I would call this confiscation. plain and simple. Well, since I came in this morning, Gold has dropped another $5 to $1,278.00. That’s just not right folks. But it is what it is. There’s nothing I can do about it, and I learned a few years ago that I can rant and rant about something, but it doesn’t change it, and only gets my blood pressure boiling, which isn’t a good thing! If all things were equal, and there was no such thing as price manipulators, I would say that this current level for Gold looked to be a good opportunity to buy it cheap.  Long ago, and far away, I first began to tell you all how I viewed China’s hoarding of Gold as essential to their plan to either 1. Back their currency with a percentage of Gold when they decide to float it,  or 2. Have enough Gold to make the rules when everything goes to hell in a hand basket, and countries sit down to see who has the Gold. I lean heavily on the 1st of those two options, and have for some time now.  I’ve always thought that China would be the 1st to back their currency with Gold again. Then last year, I started telling you about how Russia was also hoarding Gold.  Well, a recent article on Russia, states that “The Central Bank of Russia has made a subtle, yet serious threat against the lynchpin of the American Economy, the U.S. dollar.  According to Russian media, The Central Bank just released a new logo, which is a Gold ruble.” So, is Russia planning on moving ahead of China in this race to have a Gold backed currency?  Sounds like it, but. I would still think that China is more prepared to do this than Russia. However, having said that, the urgency to back the ruble with Gold seems to be fueled by Russian President, “Putin, who has made it quite clear that any attacks on the Russian economy will be answered in with retaliations of their own.” I think that we should be taking this treat seriously folks. I know that symbolism is huge to Putin.  So, now we have two large countries, heading toward backing their currency with Gold. The tide is changing on the dollar’s hold as reserve currency folks. When will everyone else wake up and smell the coffee? The Aussie dollar (A$) is taking another shot to the mid-section this morning, after being down for the count yesterday. The soft CPI (consumer inflation) report from Australia on Tuesday night, has really caused the A$ to look for a place to hide, but finding no place to hide, it takes its punishment for having weak inflation. Now, how smartless does that sound to you? Doesn’t inflation eat away at a currency’s value? Of course it does! So, what’s the frequency Kenneth?  The markets are convinced that Central Banks can control inflation, so with that thought, the markets want to see inflation in the countries rise, so that interest rates can rise. It’s a strange and dangerous game the markets are requiring the Central Banks to play right now. For it is my opinion that Central Banks are always late to the party, and always playing catch-up with runaway inflation. Well, the U.S. Data Cupboard printed some ugly data yesterday. I’m sure you didn’t hear about any of it, and if you did, I’m sure the “bad weather” card was played.  First, we had Mortgage Applications for last week, drop by -3.3%… Then we had the private firm Markit print their U.S. Manufacturing Index, and saw it weaken a bit for April.  and then the New Home Sales, took the Nestea Plunge in March.  Sales of new single-family homes in the U.S. fell -14.5% VS Feb. to an annualized 384,000 units, in March. The lowest level of sales since July 2013. This one hurt, for the markets were expecting an increase to 450,000 annualized units. That’s a HUGE difference folks, and I think reflects the fears out there that interest rates are going higher in the near future. And then finally today, the first piece of market moving data for this week will print. Durable Goods Orders for March will find its way to the Data Cupboard’s docket this morning. And in the background, we’ll see something just as important, but pushed to the background by the markets, Capital Goods Orders & Shipments. For What it’s Worth.  Man, I feel like today’s letter is a collection of For What It’s Worth ideas! But, fear not, dear reader, for I will still bring you a FWIW section/ story for today.  And it’s a real treat this morning, for I have a snippet of an interview with my fave analyst / writer right now, Grant Williams.  I’ll set this up first.  Grant Williams is talking about how in the West the people don’t understand Gold, but in the East they do. But that’s not the Achilles’ heel that he sees for the West.  let’s listen in..  Oh, and I found this on Kingworld.com. “I think the Achilles’ heel of the West is the politicians.  I think they are inept and they are focused on all the wrong things.  And the danger of a miscalculation on a political level by a very inept group in the West against the very smart operators that you have in the East, is potentially a big Achilles’ heel. Gold is certainly something that, despite protests by Western central bankers to the contrary, they do think a lot about and it is something they watch.  But if they did the right thing, the gold price would go higher.  When I say the right thing, I mean that if they converted more reserves in the West to gold, yes, the price would go higher. And when you look at the incredible problems facing the West, with the sheer amount of the debt, watching the price of gold soar is not something they can allow if they are trying to print massive quantities of money.  If they allow the price of gold to head significantly higher, then the underlying inflation in the West is going to become far more evident, and that’s something that doesn’t play well politically. So I think the political class is by far the most dangerous thing that the West has to face at the moment.  And we are in a year where there are going to be elections all over Europe, midterms in the United States, so the political landscape is where we are going to see some real fireworks this year.” – Grant Williams Chuck again. I’ve told you all before that Grant Williams writes a newsletter called “Things that make you go hmmm”. It’s the one newsletter I get, and I get a boatload of them, that I open up and read the minute it hits my email box!   Comfortably Numb was just playing on the IPod, and that’s what we’ve all become, regarding debt in this country. To recap. The currencies look tired and worn out, and for the most part are either flat or down a bit this morning, except the renminbi / yuan which saw an appreciation overnight by the Chinese Central Bank. The RBNZ hike rates last night, which surprised Chuck for the timing not the actual rate hike. Chuck now believes his original forecast of 75 Basis Points of rate hikes from the RBNZ was too conservative, and has now boosted it to 100 Basis Points before summer is over. 50 down, 50 to go!  Chuck puts his tail between his legs on a statement he made about Poland, Singapore inflation jumps higher in March! Currencies today 4/24/14. American Style: A$ .9270, kiwi .8575, C$ .9075, euro 1.3825, sterling 1.6785, Swiss $1.1325, . European Style: rand 10.5650, krone 5.9860, SEK 6.5590, forint 222.90, zloty 3.0315, koruna 19.8560, RUB 35.68, yen 102.40, sing 1.2570, HKD 7.7530, INR 61.08, China 6.1589, pesos 13.03, BRL 2.2215, Dollar Index 79.80, Oil $101.87, 10-year 2.71%, Silver $19.09, Platinum $1,398.25, Palladium $785.56, and Gold. $1,278.15 That’s it for today. Long winded today, eh? Well, I think I recalled everything I wanted to talk about and then some! Little Feat are playing Dixie Chicken right now on the IPod.  I love to sing along with that song! I’ve seen the bright lights of Memphis. And the Commodore Hotel. And underneath a street lamp, I met a southern belle. see what I mean? Well, our Blues lost their mojo these last two games, and head back to St. Louis for Game 5, tied 2-2 in games won. I hope they find the magic here on home ice! And Cardinals pitcher Michael Wacha struck out 9 Mets batters for his first 9 outs last night, but still lost the game. UGH!  So, another bad night for St. Louis sports!  Alex picked up his tux last night, his senior prom is this Saturday night. I told him he could drive my car if he wanted to, and he was all over that in a heartbeat! Kathy’s baby boy is getting ready to graduate High School and move on to college, I have a feeling she’s going to be emotional about this. but maybe not. OK. once again, I’ve carried on too long. so for that I apologize. Now let’s go make this a Tub Thumpin’ Thursday! Chuck Butler President EverBank World Marketslast_img read more

Recommended Link

first_imgRecommended Link Recommended Link World-renowned crypto expert: “I’m revealing my cryptocurrency investment secret” For the next few days, the crypto expert who’s been called “The Oracle” of cryptos on the internet and is followed by over 100,000 people across the globe is revealing his proprietary investment strategy. It’s already helped an “average Joe” named Paul turn $500 into just under $140,000… click here to see what it could do for you. • Tesla’s stock plummeted 7% on the news… You can see that big drop in the chart below. Tesla’s now 22% off its recent highs. You might be tempted to buy it now. But that would be a huge mistake…• Tesla isn’t cheap by any stretch of the imagination… It still trades at a price-to-sales (P/S) ratio of 4.8. That makes it more than twice as expensive as the average large-cap U.S. stock. More importantly, it’s 13 times more expensive than competitor General Motors. And it’s 15 times more expensive than Ford, another major U.S. carmaker. There’s absolutely no reason why Tesla should be this expensive. The company has never once booked a profit. Instead, it’s lost about $4.3 billion since it was founded 14 years ago, and that’s despite massive government handouts. As if that weren’t bad enough, Tesla’s bleeding cash. It’s burned through $2.6 billion in cash in just the last two quarters…and more than $10 billion since it was founded in 2003. If this keeps up, Tesla could run out of cash within the next 12 months.• This is a serious problem… But Musk and Co. aren’t actually trying to fix it. Instead, they’re trying to “paper it over.” According to Bloomberg, Tesla has issued new stock eight times in the last seven years. That hurts existing shareholders. But it gets worse. Tesla also borrowed obscene amounts of money just to keep the lights on. Back in August, it issued $1.8 billion in “junk bonds” to finance the production of its Model 3 vehicles. This isn’t just unsustainable. It’s a recipe for disaster. In fact, I wouldn’t be surprised if Tesla’s stock goes down in flames the next time it reports a “hiccup.” So, continue to avoid Tesla like the plague. You may even want to consider shorting (betting against) TSLA. Just understand that shorting is risky. So, make sure you know what you’re doing before you put this trade on.Regards,Justin Spittler New Orleans, LA November 6, 2017 P.S. I recently wrote about a better way to profit from the electric car revolution. You can read about it here. Reader MailbagRecently, we shared an interview with Doug Casey’s longtime friend and colleague Bill Bonner: “Bitcoin—Better Money Than Gold?” Today, readers weigh in… It’s only as good as the government that rules over it! Fools rush in where wise men never go… Remember?—Howard By Justin Spittler, editor, Casey Daily Dispatch“Tesla’s shareholders will be in for a rude awakening… Its share price could soon fall off a cliff.” I issued this warning on October 5. But I’m sure some people thought I was crazy for saying this. That’s because Tesla’s stock was up 66% on the year…and more than 900% since the start of 2013. It was one of the hottest stocks on the planet. But it shouldn’t have been.After all, it’s not like Tesla’s raking in cash. It’s never booked a yearly profit in its history.• Instead, Tesla was rallying because Elon Musk is a “visionary”… Musk is the founder and CEO of Tesla. But unlike most CEOs, Musk doesn’t care about quarterly profits. He only cares about changing the world. He wants everyone to drive electric vehicles (EVs). He wants to put solar panels on every home in the United States. And he wants to colonize Mars. These are wildly ambitious goals. But they make for a great story.• That’s why Tesla has some of the most loyal shareholders on the planet…It’s also why many of its investors ignore problems that would send most people running for their lives. Just consider how Tesla shareholders reacted to awful news last month. Regular readers know where I’m headed with this. On October 2, Tesla announced that it had produced just 260 Model 3s, its first mass-market vehicle, during the third quarter. Musk had promised investors 1,500 vehicles. That’s an 83% shortfall. • Normally, a stock crashes when a company whiffs this bad… But Tesla rallied on the news. Again, that’s because Tesla shareholders don’t care about profits, cash flows, or debt. They only care about Musk’s dreams. But here’s the thing. Dreams don’t last forever. Eventually, you must wake up and face reality. That’s why I urged readers to avoid Tesla on October 5. Tesla will miss its production goal again… Tesla’s shareholders will be disappointed again. And next time, they might not be so forgiving. And that’s exactly what happened…• Last Thursday, Tesla reported its worst quarterly results ever… The electric carmaker lost $619 million last quarter. That’s nearly double the $336 million loss it suffered during the second quarter. That’s a staggering loss. But it looks like things will get even worse for Tesla. After all, the company just laid off about 700 employees. That’s about 2% of its workforce. Tesla’s also struggling to ramp up production of its Model 3 vehicle. Last month, Musk said Tesla would produce 5,000 Model 3s per week by the end of the year. But now he’s saying they won’t hit that mark until early 2018, at the earliest. He also scrapped the company’s longtime goal of eventually producing 10,000 Model 3s per week. — In Case You Missed It…Last week, cryptocurrency investing expert Teeka Tiwari hosted the largest webinar in our industry’s history. More than 80,000 fellow readers tuned in to learn how Teeka has found his readers gains as high as 1,626%, 3,274%, and even 21,127% in the cryptocurrency market. If you missed it, Teeka agreed to show a replay of the webinar. Watch it for yourself right here. — Teeka’s new cryptocurrency prediction could make you a fortune by January For the next few days only, crypto expert Teeka Tiwari is revealing his next big cryptocurrency prediction for 2018. Last year’s prediction was spot on… Those who followed his best ideas had the chance to turn a small stake into nearly $200,000. Click here to be among the first to hear his latest. I have one fundamental question—most of the banks are prohibiting sending money from our account to buy cryptocurrencies. Then how to pay for it?—Mukeshlast_img read more

When Maddy Nadeau was a toddler her mother wasnt

first_imgWhen Maddy Nadeau was a toddler, her mother wasn’t able to care for her. “I remember Mom was always locking herself in her room and she didn’t take care of me. My mom just wasn’t around at the time,” she says.Every day, her older sister Devon came home from elementary school and made sure Maddy had something to eat.”Devon would come home from school and fix them cold hot dogs or a bowl of cereal — very simple items that both of them could eat,” says Sarah Nadeau, who fostered the girls and later adopted them.The girls’ parents struggled with drug addiction, and for several years, the sisters moved in with different relatives and eventually, foster homes. Nadeau says when they arrived at her home, both girls were anxious and depressed and had a hard time focusing in school — especially Maddy, who had been exposed to drugs in utero.”That makes it very difficult for her brain to settle down enough to do more than one task at a time,” Nadeau says.The Nadeaus live on Cape Cod, which has some of the highest numbers of deaths due to opioid overdoses in Massachusetts. It’s also where a growing number of schools are hiring treatment counselors to work with teachers and their students whose families are battling addiction. The counselors work at the schools but are employed by Gosnold, the largest provider of addiction services on the Cape.In October, Congress authorized $50 million a year for the next five years to fund mental health services to help school districts treat students who have experienced trauma due to the opioid epidemic.And an increasing number of school districts across the country are starting not only to screen and treat at-risk kids for opioid addiction, but also access mental health counseling specifically for students whose families and communities are consumed by opioid abuse.”Schools have more kids who cannot access the learning environment,” says Sharon Hoover, co-director of The National Center for School Mental Health at the University of Maryland School of Medicine. Children are “suffering from family substance abuse and schools are feeling the burden.”Hoover says bringing counselors and psychiatrists into the schools is an effective approach.”This is considered a preferable model of care,” she says. “The kids show up for treatment services because they’re not relying on a family member to take them somewhere in the community.”These programs are new, but data shows that school counseling for kids at risk for substance abuse leads to less absenteeism and better school performance.In Massachusetts, the schools using the Gosnold counselors report that their students are doing better academically and emotionally.Sarah Nadeau says that has been the case for both Maddy and her older sister, who are leading more stable lives since they began seeing the Gosnold counselors at school every week.”Their day runs smoother. They can get out their anxiety while they’re in school instead of bottling it up, and then go back to class and continue learning,” she says.K’yan Kelly is a Gosnold counselor who works at Lawrence Middle School in Falmouth, Mass. She sees Maddy Nadeau at least once a week.She recently increased the number of days she works at the school because she says so many children are experiencing the chaos of addiction, including the fear that their parents might not survive an overdose.”The unknown of whether a parent will live is a certain kind of trauma,” says Kelly. Also, “if you are a child who has experienced trauma, school itself can have a lot of demands.”The counselors are also there to support the teachers, who must navigate how to educate kids whose families are consumed by addiction.”It’s a lot. You’re dealing with addiction, you’re dealing with trauma, you’re dealing with loss and that’s what they’re up against, a lot of these kids,” says Carolyn Alves. Alves has been teaching for 17 years, most of them at Lawrence Middle School.She has seen an increasing number of students who are living in foster care or have moved in with other family members because their parents are dead, in jail, or struggling with active addiction.”You know that what they need is a lot bigger than what you can give to them as their teachers,” she says.Each school pays Gosnold a fee for its counselors. Private insurance covers the student’s individual sessions. If insurance won’t cover the therapy, Gosnold will absorb the cost. Last year, 17 schools on Cape Cod used Gosnold counselors, this year there are more than 50 schools offering these services to students throughout Massachusetts.”I wish that more schools offered it because the epidemic is everywhere,” says Sarah Nadeau. “For a lot of these kids, school is the only place that is stable. They get their lunch here, they get their education here, so why not give them their support while they’re here at the school?”This story was produced in partnership with The Hechinger Report, a nonprofit, independent news organization focused on inequality and innovation in education. Copyright 2018 NPR. To see more, visit https://www.npr.org.last_img read more

5 Content Marketing Lessons From SNL in the Age of Trump

first_img Director of Sales and Marketing at Strategic Sales & Marketing Register Now » 5 Content Marketing Lessons From SNL in the Age of Trump Guest Writer Add to Queue Free Webinar | July 31: Secrets to Running a Successful Family Business Learn how to successfully navigate family business dynamics and build businesses that excel. –shares Content Marketing Opinions expressed by Entrepreneur contributors are their own. Take today’s key issues and create meaningful content for your customers. 4 min read Image credit: Will Heath | NBC | Getty Images February 27, 2017 Whatever you think of his politics, President Donald Trump has been great for comedy. Saturday Night Live is having a revival of popularity as its hard-hitting satire and perfectly casted actors — like Melissa McCarthy’s hilarious portrayal of White House spokesman Sean Spicer and Alec Baldwin as Trump — speaks to the country’s latest concerns about the various chaos and insanity emerging from Trump’s administration. Related: Is Vocally Opposing President Trump Risky Business?What can other content creators and marketers learn from SNL’s recent resurgence of Trump-related success? Seize upon key issues and crucial conversations.Trump’s presidency is the biggest story in recent political history, so this is an easy one for SNL. Everyone in the national media is talking about Trump all the time. But what about your business or your industry? What are the key issues that your customers are worried about and focusing on? Don’t assume that you know the answer. Use Twitter as a listening tool to see which keywords and topics are trending for your industry and your key audiences. Then you can create content that speaks directly to those areas of concern.  Slay sacred cows.SNL is not afraid to be irreverent, even offensive, toward the most powerful people in Washington. What is the biggest controversial topic/issue in your industry? What are the things that people in your industry should be saying? What stands should they be taking that they are not? What is the elephant in the room or the emperor with no clothes? Find these opportunities and create content that speaks to those issues. Build a reputation as a truth teller. Related: What to Consider Before Your Brand Takes a Stand PoliticallyRally your base.SNL is probably not going to win many fans among Trump’s supporters, but they’re focusing instead on getting a bigger share of fans from the large percentage of Americans who are opposed to Trump. Don’t be afraid to be controversial or even polarizing. Sometimes it’s better to speak passionately to the people who are most enamored with your brand, even at the risk of not appealing to lots of other people. SNL is rallying a big audience of people who are not Trump supporters — and SNL’s ratings are up! In content marketing on TV, it’s often better to have a passionate and lucrative niche following than to fail to appeal to a mainstream mass audience that no longer really exists. Make unconventional choices. McCarthy was cast as White House spokesman Sean Spicer — and her performance was brilliant — but the choice of a woman to play Spicer was also oddly inspired and unexpected. Don’t be afraid to be unconventional. Keep trying new things and elevating new voices within your company. Your content strategy doesn’t have to look like the usual suspects. But stay focused on quality.SNL is having a resurgence of popularity as people tune in to try to get some laughs out of our latest national political news, but even Trump’s biggest opponents won’t want to watch if the show’s not funny. SNL can’t become just a strident platform for anti-Trump statements; it still needs to be a comedy show first and foremost that makes people laugh. In the same way, content marketing can’t be just a stunt or a gimmick or push an agenda. You need to have a foundation of insight and quality that keeps people coming back. Related: How 10 Brands Thoughtfully Chimed In on President Trump’s InaugurationWho knows what will happen during Trump’s presidency, but SNL is leading the way for a vibrant, engaging, no-holds-barred national conversation about politics. This fearless spirit is something that all content creators and content marketers can try to emulate in our own work. Next Article Gregg Schwartzlast_img read more

With HomePod Apple Just Wants to Shake Things Up for Now

first_img Apple’s HomePod speaker is a depth charge dropped into the ocean where Google Home and Amazon Echo sail. At $349, it’s not going to dominate the voice assistant world. But for Apple to achieve its goals, the HomePod just needs to keep the waters rough enough to make its competitors seasick.There are a bunch of weird things about Apple’s HomePod announcement. First, Apple doesn’t like to announce products six months in advance. And while the iPhone and iPad are expensive, they’re not double the prices of rivals. The HomePod is also being sold as a music device above all else rather than virtual assistant. One interpretation is that Apple isn’t going after competing voice assistants but the midrange, wireless multi-room speaker market; the domain of companies like Sonos, Bose and Logitech. Yes, those companies have $200 options, but the Sonos Play:3 costs $299, and the Bose SoundTouch 20 costs $350. Those companies have been slow to adopt the kinds of flexible voice capabilities we’ve seen on Echo and Google Home, and they tend to appeal to a higher-end consumer who thinks the Amazon and Google products look and sound cheap.But I think Apple’s strategy is a little trickier than that. The midrange speaker market is in fact ripe for disruption, and I think Apple’s correct to assume that people who have expensive speakers probably have an iPhone. But by announcing the HomePod six months in advance, Apple’s also trying to draw developer attention away from Alexa and Google Home, making sure that it’s in second, not third place in the eventual war of the voice assistants.Second place is a very comfortable place for Apple, because it’s focused on profit share rather than market share. In a battle between Apple and Amazon, it’s easy enough to see a repeat of the iOS/Android war, where Echo speakers eat up the bottom end of the market while Apple reaps profits at the top. Amazon actually wouldn’t mind this, as (like Google with Android, but not like Android phone makers) its business isn’t dependent on making a profit from hardware.Developers can only handle two platforms.Platforms need developers, and we’ve seen over and over that the tech world is capable of supporting two — not three — platforms in most areas.On the desktop, it’s Mac and Windows, not Linux. On phones, it’s Apple and Android, not BlackBerry 10 or Windows Phone. On high-end tablets, increasingly, it’s Windows and iOS, with Android shunted down to the low end. Sure, the third platform often manages to hang on as a niche, but the two major ones dominate the market. Developers just don’t seem to have the resources to split their attention more broadly.Right now there are three players in voice assistants: Apple, Google and Amazon. Apple is coming late to the game, but it understands the value of not being third. And as it implied by focusing on music in its presentation, SiriKit is way behind the competition in attracting developers right now.Apple needs to get SiriKit into the conversation and to make sure Google and Amazon don’t lock down voice-assistant developers, which could definitely happen in the next six months. By announcing the HomePod now, Apple throws a bit of confusion into that community; should developers keep their powder dry?Google is likely to suffer more than Amazon from this, because Amazon has a lot of third-party partners and an already vibrant developer community. Look at our list of Alexa skills vs. our list of Google Home voice actions: Google is just getting started here. Google’s speaker also sounds better, and costs more, than Amazon’s hot-selling Echo Dot, putting it in a little more danger from Apple’s higher-end product.This doesn’t mean that Apple’s HomePod is going to be a best-seller. Sure, it could be the next Apple Hi-Fi, an expensive audio accessory that ends up being overlooked for better third-party products. But it keeps the waters roiled, and keeps the Google/Amazon duopoly from fixing in place. When developers can only focus on two platforms, that means at least Apple has a chance. This story originally appeared on PCMag With HomePod, Apple Just Wants to Shake Things Up (for Now) Next Article Free Webinar | July 31: Secrets to Running a Successful Family Business Image credit: Apple via PC Mag Add to Queue 35shares Lead Mobile Analystcenter_img June 7, 2017 4 min read There’s room for two smart voice platforms; Apple just wants HomePod to be in second place. Register Now » Learn how to successfully navigate family business dynamics and build businesses that excel. Sascha Segan Applelast_img read more

Microsoft Launches New Effort to Bolster Its Startup Support

first_img June 26, 2013 Microsoft Launches New Effort to Bolster Its Startup Support Senior Entrepreneurship Writer at CNBC –shares 2019 Entrepreneur 360 List Catherine Clifford 2 min read The only list that measures privately-held company performance across multiple dimensions—not just revenue. Tech-behemoth Microsoft is making a move to be more startup friendly.The Redmond, Wash.-based software company announced Microsoft Ventures, an umbrella organization for its various entrepreneurship resources, according to a statement from Rahul Sood, the general manager of Microsoft Startups, on the official Microsoft blog. Microsoft has already provided software tools and resources to 75,000 startups since 2008 through its Biz Spark program and graduated more than 100 startups from its accelerator programs. The new effort will unify and bolster Microsoft’s mentorship, technology guidance, seed funding and joint selling opportunities to startups.Related: New York University’s Accelerator is Looking to Jump Start Startups“Startups have enough to worry about,” Sood says. “We want to make access to us as intuitive and friction-free as possible.”Microsoft Ventures will take a “holistic approach,” as a three-channel, global support system for startups including a seed fund, a handful of accelerator programs and a community of local experts. Microsoft will open new accelerators in Berlin, Moscow and Rio de Janeiro, adding to its existing programs in Bangalore, Beijing, Paris, Seattle and Tel-Aviv, says Sood. Also, the seed funding Bing Fund will grow, allowing Microsoft to provide early-stage funding to more startups.Related: Microsoft and Oracle Join Forces Against Smaller Rivals in Cloud  Add to Queue Next Article Technology Apply Now »last_img read more

Google Ventures Launches 100 Million Startup Fund in Europe

first_img 2 min read Free Webinar | July 31: Secrets to Running a Successful Family Business Add to Queue Google Ventures Launches $100 Million Startup Fund in Europe –shares July 10, 2014 Citing the “compelling” success of European companies like SoundCloud and Spotify, Google Ventures is starting a new $100 million fund to support the work of entrepreneurs across Europe. The new office will be headquartered in London, adding to locations in Boston, New York and San Francisco.In a blog post announcing the move, managing partner and Google Ventures co-founder Bill Maris wrote “startups need more than just capital to succeed: they also benefit from engineering support, design expertise, and guidance with recruiting, marketing and product management…We believe Europe’s startup scene has enormous potential.”Related: Who is the Right Investor for You? That Depends on Where You Are Now.Google Ventures, Google’s venture capital investment arm, launched in 2009 and has since contributed funding to 250 companies, including Uber, Flatiron Health, cloud-based companies ZenPayroll and Cloudera, social site About.Me and smart-thermostat maker Nest Labs, which Google bought for $3.2 billion back in January. Google Ventures operates independently from the digital giant, although the startups with the fund’s support do have access to company resources.Click to Enlarge+ Staff Writer. Covers leadership, media, technology and culture. Learn how to successfully navigate family business dynamics and build businesses that excel. Next Article Entrepreneur Staff Note: This PitchBook list displays top corporate VCs ranked by the capital invested since the start of 2013 to May 30, 2014. It ranks firms by the total invested in deals as a whole, rather than just the portion supplied by the individual corporate VC firms.Related: 6 Questions to Determine If a Potential Investor Is the Right Investor Venture Capital Register Now » Nina Zipkinlast_img read more

Diseasemodifying therapy for Alport syndrome still remains an unmet need

first_imgRelated StoriesNanotechnology-based compound used to deliver hepatitis B vaccineResearchers discover gene linked to healthy aging in wormsResearchers identify gene mutations linked to leukemia in children with Down’s syndromeAt present, there is no curative treatment for AS, so all males with X-linked disease and all males and females with ARAS, as well as a certain percentage of patients with ADAS, will ultimately show progression to ESKD. The only recommended treatment nowadays for this disease is RAAS (renin-angiotensin-aldosterone system) blockade. Currently RAAS is being tested in children even before the onset of proteinuria.Currently there is an ongoing trial using bardoxolone and another using anti miRNA21 is expected to start soon. Other drugs under study for AS are paricalcitol, lipid-lowering agents, epidermal growth factor receptor inhibitors, chaperones, stem-cell based therapies, inhibitors of STAT3, etc.”A specific disease-modifying therapy for AS remains an unmet need, but I am sure this will change, because AS has become a very attractive disease for pharmaceutical companies to target”, emphasizes Professor Torra and gives five reasons:(1) it is an excellent model of chronic kidney disease (CKD) with proteinuria and fibrosis that may be extrapolated to other more common causes of CKD;(2) any drug approved for this disease will have an orphan drug designation with its consequent benefits, such as shortened approval timeline, financial incentives, and a period of market exclusivity;(3) the number of patients to be treated will be substantial, AS being the second more frequent inherited kidney disease after ADPKD;(4) patients are young and have very few comorbidities, which facilitates clinical trials;(5) there is no approved treatment for ASSource:ERA-EDTAJournal reference:Torra, R & Furlano, M. (2019) New therapeutic options for Alport syndrome. Nephrology Dialysis Transplantation. https://doi.org/10.1093/ndt/gfz131. But similarly to other renal diseases, this is probably too late an endpoint to make a significant impact on the course of the disease. Theoretically, treatment prior to the appearance of renal fibrosis offers more promising long-term renal outcomes. GBM aspect and degree of fibrosis on renal biopsy as well as proteinuria could be excellent endpoints for clinical trials.”Professor Roser Torra, Barcelona/Spain, main author of the review published in NDT today Reviewed by Kate Anderton, B.Sc. (Editor)Jun 13 2019Alport syndrome (AS) is a hereditary type IV collagen disease that leads to progressive proteinuria, renal fibrosis, and kidney failure. Depending on the mutated gene and the pattern of inheritance, there are three types of AS. Mutations in COL4A5 cause severe disease in males and a disease of variable severity (but usually much less severe) in females. Mutations in COL4A3 and COL4A4 are the cause of the autosomal forms of AS. Homozygous or compound heterozygous mutations in COL4A3 or COL4A4 are the cause of autosomal recessive AS (ARAS), while a single mutation in either of these genes causes autosomal dominant AS (ADAS).Having only one mutation in COL4A3 or COL4A4 can cause a phenotype that ranges from nothing (i.e. some parents of children with ARAS) to haematuria alone or to proteinuria and subsequent renal failure on top of haematuria. Over the past several years it has become increasingly apparent that more patients reach end-stage kidney disease (ESKD) due to ADAS than due to classical X-linked AS or ARAS, even though this progression occurs at a much older age. The seminal determinant of disease progression in AS logically seems to be the amount of damage in the glomerular basement membrane (GBM).A surrogate pathological marker may be tubulointerstitial fibrosis, which has been recognized as the key feature in progressive renal damage leading to ESKD. The glomerular disease and the podocyte stress response lead to the secretion and distribution of profibrotic chemokines and cytokines, which are the main causes of interstitial fibrosis and tubular atrophy. Progression from haematuria to microalbuminuria and progression from microalbuminuria to overt proteinuria represent very important steps in the course of AS. As for many renal diseases, the primary endpoint for AS clinical trials is or will be the decline in GFR.last_img read more

Research helps make buses smarter

first_imgThe intelligent city bus is the result of a joint project between ETH and the Swiss SME Carrosserie HESS, Switzerland’s only bus manufacturer. Credit: Daniel Winkler The rather unusual trolleybus could be mistaken for a tram with its large windscreen and covered wheels. Credit: ETH Zurich Explore further This document is subject to copyright. Apart from any fair dealing for the purpose of private study or research, no part may be reproduced without the written permission. The content is provided for information purposes only. Putting theory into practice ETH and Carrosserie HESS began working together in 2009. At that time, HESS was experimenting with a diesel hybrid bus, but the energy savings they were achieving were lower than they had hoped for. So when ETH came up with the idea of developing a new energy management system for the bus project as part of a doctoral position, the HESS project coordinators jumped at the chance. The doctorate was funded by the Swiss Commission for Technology and Innovation CTI and the Swiss Federal Office of Energy.There was still quite a way to go before the first bus with ETH software rolled off the HESS production line. From the research side, the project was a resounding success that produced some major fuel savings – but by the time the doctoral thesis was finished, the balance of customer demand had shifted from diesel hybrid buses to electric buses. This brought home the challenges that arise in any partnership between academia and the private sector, with the slow mill of ETH’s scientifically rigorous approach on the one hand, and Carrosserie HESS’s exposure to market dynamics on the other. “What we need is not necessarily a system that is theoretically perfect, but one that works in practice and complies with all the regulations,” says Widmer. “And obviously it has to eventually make us some money!”A project with a future”SwissTrolley plus” is a follow-up project involving the latest electric bus from HESS – and both partners have learned from experience. Once again, a doctoral student at ETH is developing a software program for efficient energy management. But what’s new is that this project brings on board a second research institute in the form of Bern University of Applied Sciences, as well as its first public transport operator in the form of Verkehrsbetriebe Zürich (VBZ). As a result, the ETH researchers can analyse the software in real-world conditions practically on their doorstep, thanks to the pilot bus that VBZ added to its Zurich fleet some 12 months ago.Right now, the smart Zurich pilot bus is the only one of its kind – but not for long. This autumn, three more bi-articulated buses based on the same technology will start operating on local routes. And back at Carrosserie HESS Widmer is confident that other public transport operators will soon follow suit: “A few of them have already expressed interest”.This second joint doctoral project comes to an end next year, but there’s a good chance the cooperation between ETH and HESS will continue in the future. The longer their collaboration lasts, the more issues they find that can best be solved by working together. “Software could potentially help out not just with the driving, but also save energy used for heating and air conditioning,” says Widmer. ETH Professor Onder agrees without hesitation: “That’s definitely an interesting and relevant area for researchers to look into.” Citation: Research helps make buses smarter (2018, September 4) retrieved 17 July 2019 from https://phys.org/news/2018-09-buses-smarter.html HESS J1943+213 is an extreme blazar, study finds This intelligent city bus is the result of a joint project between ETH and the Swiss SME Carrosserie HESS, which is headquartered in Bellach in the canton of Solothurn. Carrosserie HESS is Switzerland’s only bus manufacturer – and ETH has developed an energy management software package tailored to its needs. Using algorithms, the software determines when the bus should alternate between the overhead wires and battery pack by identifying the optimum source of power at each particular moment. For example, during a hill climb the most sensible choice is to drain the traction battery, because the bus can subsequently take advantage of regenerative braking on a downhill stretch to recharge the battery “for free”. This method can reduce energy use by up to 15 percent, which translates into considerable cost savings.Competitive advantageThis collaborative project offers advantages on both sides. HESS benefits from a capacity for innovation that would be inconceivable without a research partner. “We simply don’t have the resources to develop that kind of efficient energy management system on our own,” says Martin Widmer, who is responsible for the project at Carrosserie HESS. Working with ETH has allowed the Swiss company and its approximately 260 employees to maintain a competitive edge over far bigger rivals from other countries.For their part, ETH researchers are able to translate their theoretical expertise into concrete projects. The scientific complexities of hybrid buses are a good choice of topic for contributions to academic journals, says Christopher Onder, Professor at the Institute for Dynamic Systems and Control at ETH. “The project attracts students like a magnet,” he adds, noting that the joint projects carried out with HESS to date have already yielded some 30 semester projects and Bachelor’s and Master’s theses. What’s more, a number of students have already completed an internship at HESS, while others such as Martin Widmer have taken on permanent positions at the SME after finishing their degree at ETH. Provided by ETH Zurich A rather unusual trolleybus has been navigating the streets of Zurich in recent months. With its large windscreen and covered wheels, it could easily be mistaken for a tram – but it’s not just the design that makes this bus so unique. For a start, it features a hybrid electric drive system that allows it to draw power from an on-board traction battery as well as overhead wires. But this bus is also “smart”, boasting specially designed software that automatically gathers information on the route. That means it always knows what to expect – whether that’s a downhill stretch or a dead wire up ahead.last_img read more

Activism to impact political parties in Bengaluru

first_imgCOMMENTS COMMENT April 16, 2019 Published on Electoral politics in Bengaluru — the tech city that contributes around $50 billion or 40 per cent of India’s total IT exports — is increasingly being shaped by citizen activism.The city has three urban Parliamentary constituencies — Bangalore North, Bangalore Central, Bangalore South, and one semi-urban constituency — Bangalore Rural.In the last two decades, citizen activism has percolated to all levels of political discourse and governance, be it the civic body (BBMP), the State Assembly or Parliament.The large-scale migration experienced by the city in the last two decades has led to the crumbling of civic infrastructure. The citizens’ involvement has changed electoral politics in the city with numerous agitations — ‘Steel Bridge Beda’, ‘Circular Railu Beku’, ‘Footpath Beku’, ‘Save Trees’, ‘Save Lakes’, especially the Bellandur lake.The organisations heading the activism are ‘Whitefield Rising’ and ‘Citizens for Bengaluru’ which have taken the discourse from social media to the streets. In fact, the previous government scrapped the steel flyover proposal just before the Assembly elections.‘A positive effect’In the absence of vote-bank politics in the city, the Resident Welfare Association (RWA) is playing a pivotal role in the formulation or shaping public policies, especially garbage clearance, traffic regulation and regulation of commercial spaces in residential layouts. Rekha Chari, former president, Malleswaram Swabhimana Initiative (MSI) said, “Citizen activism in Bengaluru is on the rise and impacting the city in a positive way. We interact regularly with our elected representatives, be it the MLA, corporator or MPs, to get our problems solved.“We had come out with a citizen manifesto during the Assembly election and, today, many parties and candidates have included points from that,” she added. Candidates now are relying on the performance and popularity of local corporators and MLAs. In the 2018 Assembly election, the city witnessed a shift of urban votes to the Congress, which has worried the BJP. SHARE SHARE SHARE EMAIL state politics Bengalurulast_img read more

MamataModi war of words takes a turn for the worseMamataModi war of

first_imgWest Bengal Chief Minister Mamata Banerjee (file photo) COMMENTS SHARE The war-of-words between the Trinamool Congress and the BJP turned uglier with West Bengal Chief Minister Mamata Banerjee calling Prime Minister Narendra Modi, a “liar” and a “bad influence on youngsters”.Banerjee, who is known to be extremely critical of the Prime Minister, has previously called him “Hitler’s grandfather” and other names that include “expiry babu”.The attacks have even been personal to the extent that West Bengal Chief Minister said that “a man who cannot take care of his wife, will not be able to take care of the country either” (referring to Modi’s election affidavit and the controversy over his marriage). The sharpened attack on the Prime Minister came during one of Banerjee’s election rallies. “I have worked with many Prime Ministers. But, I have never seen a bigger liar than Modi. He is a bad influence for young minds,” she said in Purulia, 300 km from the city.Banerjee had previously made a veiled reference to Gujarat riots. “Today, you are calling me ‘tolabaaz’ (extortionist). If I am a tolabaaz, what are you? Your entire body, from head to feet, is drenched in blood. Only riots, riots and riots,” she had said. Modi had accused Banerjee and her party of being involved in extortion rackets and also ponzi scheme scams. The BJP has emerged the principal challenger to the TMC’s dominance in Bengal. With 42 Lok Sabha seats, the State holds the key to BJP’s hopes of improving its tally in the 2019 Lok Sabha. Published on political campaigns SHARE SHARE EMAIL May 07, 2019 COMMENTlast_img read more

Andhra Pradesh YS Jagan Mohan Reddy govt presents its first budget

first_img Next Andhra Pradesh: YS Jagan Mohan Reddy govt presents its first budgetThe YS Jagan Mohan Reddy government on Friday presented its first Budget in the Andhra Pradesh Legislature with a total outlay of Rs 2.27 lakh crore for 2019-20.advertisement Press Trust of India AmravatiJuly 12, 2019UPDATED: July 12, 2019 22:02 IST Andhra Pradesh CM Jagan Mohan Reddy. (Image: Twitter)The YS Jagan Mohan Reddy government on Friday presented its first Budget in the Andhra Pradesh Legislature with a total outlay of Rs 2.27 lakh crore for 2019-20.In February, the then Telugu Desam Party government had presented a Rs 2.26 lakh crore vote-on-account budget ahead of the general elections.The revised estimates for 2018-19 showed a cut of over Rs 29,000 crore in the budget, against the Rs 1.19 lakh crore estimates presented in March last year.Finance Minister Buggana Rajendranath, who presented his budget, estimated that the revenue deficit would be Rs 1,778.52 crore and the fiscal deficit Rs 35,260.58 crore.The huge revenue deficit continues to be a cause for concern as the state, reeling under an acute financial crisis, is faced with a mounting expenditure bill with the introduction of numerous new doles for different sections.As per the figures given by the Finance Minister, the revenue deficit in 2018-19 was estimated to be Rs 11,654.91 crore, down from Rs 16,151.68 crore in the previous year.Of the total expenditure of Rs 2,27,974.99 crore proposed in the 2019-20 Budget, revenue expenditure estimated alone would be Rs 1,80,475.94 crore, Finance Minister Buggana Rajendranath said.Capital expenditure was estimated at Rs 32,293.39 crore, including Rs 8,994 crore towards principal repayment of public debt.Incidentally, the states debt burden soared to Rs 2,58,928 crore by the end of the 2019 fiscal.”This government has inherited probably one of the worst financial positions ever inherited in the history of our country.The debt of the residuary state at the time of bifurcation (in June 2014), which was Rs 1,30,654 crore, reached a whopping Rs 2,58,928 crore by 2018-19, Buggana Rajendranath said.Further, over Rs 10,000 crore was borrowed through various corporations and diverted for spending by government.Another Rs 18,000 crore worth bills were kept pending, he added.”With all these liabilities, as soon as we came into the government, we were told that there was a resource gap of around Rs 45,000 crore to fulfill the commitments under.Vote-on-Account budget presented in February.This resource gap is further amplified by the budget necessary for our new programmes, Buggana Rajendra also said.The demand for Special Category Status to Andhra Pradesh thus gained significance, the Minister noted.”The Andhra Pradesh Reorganisation Act, 2014 was passed only after Special Category Status was promised and this was not the case with any other bifurcation.Andhra Pradesh is the only state that is demanding Special Category Status for reasons beyond its control, as bifurcation has severely deteriorated the finances of the state,” the minister pointed out.Also, Andhra Pradesh was the only state whose Special Category Status was approved by the Union Cabinet but has been pending for implementation, he said.”Therefore, I am appealing to the Prime Minister and Government of India that Andhra Pradesh be given Special Category Status,” the Finance Minister said.Summing up his presentation, Buggana Rajendranath quoted the great political philosopher Chanakya, saying the latters”Chaturvidha Vikasa” (four-pronged development) would be the goal of their government.”Achieving the desired target,sustaining the achievement, expanding the sustained achievements, ensuring expanded results…are useful for all, the minister said, quoting ChanakyaALSO READ | Lok Sabha clears bill to set up central, tribal universities in Andhra PradeshALSO WATCH | Nataka in Karnataka: Rahul Gandhi breaks his silence, says BJP using money power to topple govtsFor the latest World Cup news, live scores and fixtures for World Cup 2019, log on to indiatoday.in/sports. Like us on Facebook or follow us on Twitter for World Cup news, scores and updates.Get real-time alerts and all the news on your phone with the all-new India Today app. Download from Post your comment Do You Like This Story? Awesome! Now share the story Too bad. Tell us what you didn’t like in the comments Posted byKritika Kashyap Tags :Follow Y S Jagan Mohan ReddyFollow Telugu Desam Party (TDP)Follow budget 2019-20Follow Andhra PradeshFollow Buggana Rajendranath Reddylast_img read more