The world’s largest goldminer sees blue skies ahead as demand soars

first_img whatsapp Aaron Regent, the chief executive of the world’s biggest goldminer Barrick Gold, straightens his tie and smiles – it’s a good time to be in the gold business.Regent, a 44-year-old with a middle distance runner’s build, is sitting in a meeting room in the recently refurbished Savoy Hotel, and can be forgiven for feeling pleased with himself as gold’s prospects seem to get brighter everyday.Over the last two years the precious metal has been on a bull run, regularly reaching record highs as investors look for a hedge against inflation to shield against the ongoing economic uncertainty, and provide a safe haven away from the volatility of shares and currencies. Gold’s latest record high was on 9 November, when it reached $1,424.30 (£901.80) an ounce; in January 2000 the price was a mere $280.Earlier this month World Bank President Robert Zoellick said leading economies should consider adopting a modified gold standard “as an international reference point of market expectations about inflation, deflation and future currency values.”Gold has played little part in setting how currencies are valued since the Bretton Woods fixed exchange rate regime broke down in 1971, but the last few years has shaken some investors’ faith in the present system of flat money, unpredictable government intervention and rising tensions.Not surprisingly, Regent, an accountant by training, does not see this coming to an end soon. The smooth-talking Irish-born Canadian says: “We are going through a structural change and more people want to use gold as money. The attitude of central banks to gold has changed. Over the last few decades they had been sellers of gold. Now they are buyers. Central banks in China, Russia and India are buying up a lot of gold.”Currently 40 per cent of gold is bought as an investment, 50 per cent as jewellery, with the rest used for industrial purposes.Regent says: “The fundamentals are very strong for gold. And the elements that have made it so are as strong as ever.”He adds: “Is this a bubble? I don’t think so. Over the last 40 years one ounce of gold has on average been able to buy 15 barrels of oil. That’s still the same today. So the gold price is keeping its relative position in comparison with other commodities.”All of this is a powerful tonic for the Canadian-based goldminer’s bottom line. In October the firm posted a record third quarter net income of $837m, compared to a one-time loss of $5.35bn the year before when it was in the middle of unwinding its long-term gold hedging programme, which limited the firm’s exposure to gold prices.The business – which owns 25 mines in such countries as US, Australia and Papua New Guinea – produces 10 per cent of the world’s gold and employs 20,000 people. It has gold reserves of 139.8m ounces. Its cash costs, or costs of production, are $454 per ounce, compared to $518 a year ago. The group is listed in New York and Toronto, and has a market value of $50bn.But Regent is keen to ramp up production to take advantage of the high gold price. This year the firm plans to mine between 7.65 and 7.85m ounces, compared to 7.4m ounces a year ago. And by 2014 it plans to push this figure up to 9m ounces of gold a year.To do this Regent reorganised the firm last year into four key regions: North America, South America, Australia Pacific and Africa. He also cut the headcount in the Toronto head office by 25 per cent to 200.He says: “I wanted to get the area managers closer to the business. They are on the ground and are in the best place to make decisions. I wanted them to run those businesses and take responsibility for their decisions. There was too much overlap between corporate and the regions previously.”The business, which was set up by chairman and founder Peter Munk in 1983, had primarily grown through acquisitions rather than finding its own deposits. But it is, however, developing two major mines, which will be key to Barrick reaching its 9m ounce target.It is working on the Pueblo Viejo mine in the Dominican Republic, which is expected to begin production in the fourth quarter of 2011, and the Pascua-Lama mine, on the border between Argentina and Chile, slated to start output in 2013.Regent says: “These two mines will provide a lot of the increased production we are targeting. Altogether, we are working on six projects and our spend on them this year is $180m. It will be more next year.”In March Regent spun off around nine per cent of the group’s assets onto the London Stock Exchange. This business, called African Barrick Gold, is made up of four mines in Tanzania that produced 716,000 ounces of gold last year.Things initially started well. The firm floated towards the lower end of its 550p to 650p price range at 575p, but this still valued the business at around £3bn, which made it big enough to enter the FTSE 100.However, African Barrick Gold twice had to round down its 2010 forecasts from around 850,000 back to 716,000 ounces, after having in July admitting it was having trouble getting to the higher grade ore in the mine. And then last month it revealed that there was a fuel theft ring at its Buzwagi mine – the largest in the spun-off business, and resulting in the firing of 60 workers. As a result, it was forced to warn that production would suffer until it could train enough workers to replace those that had gone. This theft comes a few years after one of its mines was attacked by locals who stole gold, because they claimed the mine had taken away their livelihoods.African Barrick Gold currently trades at 523p, below its float price. Some analysts wonder whether Barrick has actually parked a problem unit by floating African Barrick Gold, a business that has in the past suffered from years of underfunding.But Regent is quick to point out that Barrick retains a 74 per cent stake in the unit and that he is chairman of the new company.He says: “We are not distancing ourselves from this business, nor would we. Because we are such big shareholders this gives us the biggest incentive to make sure the business is a success. We have also brought new shareholders into the operation and we want them to make a good return on their investments. It has been a frustrating period. Buzwagi production is below what we had hoped. But we are not in despair, the assets are still there.”The goldminer adds: “The easy decision on the fuel theft would be to be quiet about it and try to muddle along. The right decision was to deal with it and fire the people involved in the incident.”He says the Buzwagi mine is “on the way back to full production.” And he adds that the London float allowed Barrick to get in a high quality management team, led by chief executive Greg Hawkins, who he backs. The unit, he says, is also looking at making acquisitions in the Congo and the rest of Africa.Investors expect much from Regent, who has a golden boy reputation in the mining industry. After a short stint at accountants Ernst & Young, the Alberta-raised Regent joined miner Noranda and became chief executive of the multimillion-dollar business before he was 30. When the firm merged with Canadian nickel miner Falconbridge in 2005 he remained the head of the enlarged firm.And even when Anglo-Swiss mining giant Xstrata bought out Falconbridge for $18bn in 2006, Regent managed to get Xstrata boss Mick Davis, who is known as a tough dealmaker, to repeatedly raise his bid despite the fact that the bigger firm already owned 25 per cent of Falconbridge. He spent the next three years from 2006 at Canadian firm Brookfield Asset Management as joint head of its new infrastructure fund. Then Peter Munk at Barrick tempted him back to run a public company last January.Regent might have a problem unit to sort out, but overall the comfortable feather bed of record gold prices should give him the time and the space to address most of the issues he faces. For investors, meanwhile, the mantra is simple – in gold we trust.CV | AARON REGENTAge: 44Work: Aaron Regent became Barrick Gold’s CEO in January 2009. Between 2005 and 2009 he was co-CEO of Brookfield Infrastructure Group. Between 2002 and 2005 he was chief executive officer of miner Falconbridge. Prior to that, Regent worked for rival Noranda, where he carried out a variety of roles before becoming president. He started off at Ernst & Young. Education: University of Western Ontario. Family: Married, three daughters. Lives in Toronto.Hobbies: A board member of the National Ballet of Canada and The Trails Initiative, an outdoor activities charity for children. KCS-content Show Comments ▼ Wednesday 24 November 2010 7:29 pm whatsapp Sharecenter_img More From Our Partners A ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was The Dream Girl In The 90s, This Is Her NowMoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesZen HeraldNASA’s Voyager 2 Has Entered Deep Space – And It Brought Scientists To Their KneesZen Heraldmoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island Farmthedelite.comNetflix Cancellations And Renewals: The Full List For The world’s largest goldminer sees blue skies ahead as demand soars Tags: NULLlast_img read more

Equity market lacks competition says OFT

first_img John Dunne More From Our Partners Russell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgUK teen died on school trip after teachers allegedly refused her pleasnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child Thursday 27 January 2011 3:40 am Show Comments ▼ Tags: NULL whatsapp Equity market lacks competition says OFT center_img whatsapp Britain’s equity underwriting market is not working as well as it should and lacks effective competition on pricing, the Office of Fair Trading said.The OFT said it was urging companies and institutional shareholders to apply greater pressure on equity underwriting fees after finding certain flaws with how the equity underwriting market operated.The OFT added it had found that there had been a major increase in fees paid to investment banks since the start of the financial crisis.“An efficient equity capital market is vital for the long-term growth of the UK economy. “Our in-depth study has found that the market is not working well, with little effective competition on underwriting fees,” Sonya Branch, OFT senior director of services and public markets, said in a statement. by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryBetterBe20 Stunning Female AthletesBetterBeautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldDrivepedia20 Of The Most Underrated Vintage CarsDrivepedia Sharelast_img read more

Bundesliga Live: Bayern Munich wins once more, Lewandowski sets new goal…

first_img Tokyo Olympics: BCCI provides fuel in Indian Olympic flame, to contribute Rs 10 crore Bett1Open 2021 Final: Liudmila Samsonova beats Belinda Bencic to clinch title RELATED ARTICLESMORE FROM AUTHOR Viking Classic Birmingham 2021 Final: Ons Jabeur beats Daria Kasatkina to clinch title Robert Lewandowski struck twice as champions Bayern Munich eased past Freiburg 3-1 on Saturday and the Pole became the first foreign player to score 33 goals in a Bundesliga season.Joshua Kimmich gave the hosts a deserved lead with a well-placed shot from a Lewandowski assist in the 15th minute. by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeIPL 2020: Bad news for Sunrisers Hyderabad’s Jonny BairstowUndoIPL 2020 : Srikanth and fans slams MS Dhoni, says ‘wasted 15 Cr on Jadhav & Chawla’UndoSuresh Raina issues statement after arrest, says the incident in Mumbai was ‘unintentional’UndoThe striker nodded in on the rebound in the 24th minute after Freiburg keeper Alexander Schwolow had blocked a Leon Goretzka shot before flicking in the third from a Lucas Hernandez cutback before halftime.Lewandowski can still add to his tally on the final matchday but is unlikely to match Gerd Mueller’s Bundesliga record of 40 goals in a season set in 1972.Bayern are on 79 points, 10 clear of second-placed Borussia Dortmund.Levekusen slump to defeat at HerthaBayer Leverkusen suffered a damaging 2-0 loss at Hertha Berlin on Saturday that all but killed off their chances of a spot in next season’s Champions League as they dropped to fifth place in the Bundesliga standings.Leverkusen, who had to win to stay in front of Borussia Moenchengladbach going into the last matchday next week, had the hosts on the back foot from the start and went close through Kevin Volland and Kai Havertz.But Hertha struck on the break with Matheus Cunha’s fifth goal in his 10th league game in the 22nd minute and doubled their lead nine minutes after the restart following Krzysztof Piatek’s sensational solo run and Dodi Lukebakio’s finish.Leverkusen are fifth on 60 points with Gladbach on 62 following their 3-1 win over Paderborn. YourBump15 Actors That Hollywood Banned For LifeYourBump|SponsoredSponsoredUndoMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity Week|SponsoredSponsoredUndoDaily FunnyFemale Athlete Fails You Can’t Look Away FromDaily Funny|SponsoredSponsoredUndoHollywood TaleHow Victoria Principal Looks At 71 Is HeartbreakingHollywood Tale|SponsoredSponsoredUndoPost FunThese Twins Were Named “Most Beautiful In The World,” Wait Until You See Them TodayPost Fun|SponsoredSponsoredUndoDefinitionTime Was Not Kind To These 28 CelebritiesDefinition|SponsoredSponsoredUndo Previous articleCricket: SLC mulling to host T20 League In AugustNext articlePremier League Live : Brighton stuns Arsenal 2-1, Check out latest Premier league points table Kunal DhyaniSports Tech enthusiast, he reports on Sports Tech industry and writes on sports products. ATP Tour Bundesliga Live: Bayern Munich wins once more, Lewandowski sets new goal scoring record Sport News Football By Kunal Dhyani – June 20, 2020 Halle Open 2021 Final: Ugo Humbert defeats Andrey Rublev to become champion Sport News Sport News Share on Facebook Tweet on Twitter TAGSBayern Munich vs FreiburgBundesliga LIVEBundesliga LIVE StreamingBundesliga points tableLewandowski sets record for most goals SHARE PSL 2021 Playoffs Live: How to watch PSL 2021 Playoffs LIVE streaming in your country, India Facebook Twitter Football PUBG Mobile – Krafton IPO: PUBG Mobile promoters Krafton ready to break all records, aims 5 billion IPO Tokyo Olympics: Dutee Chand, Hima Das among top athletes seeking direct Olympic qualification during IGP 4 Euro 2020, Switzerland vs Turkey LIVE: Kahveci scores for Turkey to reduce deficit; Follow Live Updates Queens Club Final: Matteo Berrettini beats Cameron Norrie in final to win title Esports Football FootballBundesligaSportSport News Latest Sports News Euro 2020, Italy vs Wales LIVE: Ethan Ampadu sent off as Wales get reduced to 10-men; Follow Live Updates ATP Tour last_img read more

Another stock market crash may be ahead. I’d take these 3 steps to get rich from it

first_img Peter Stephens | Wednesday, 1st July, 2020 Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. Image source: Getty Images. I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Enter Your Email Address “This Stock Could Be Like Buying Amazon in 1997” I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! See all posts by Peter Stephens Simply click below to discover how you can take advantage of this. Our 6 ‘Best Buys Now’ Shares A number of risks currently face investors that could cause another market crash over the coming months. For example, there could be a second wave of coronavirus across many of the world’s major economies. There may also be rising trade tensions between the US and China that cause investor sentiment to weaken.Therefore, now could be the right time to focus your capital on high-quality shares that have a higher chance of surviving an economic downturn. Through taking a long-term view, and keeping some cash on hand, you could benefit from another stock market crash.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…Holding cash in a market crashHaving some cash available during a market crash can be highly beneficial to long-term investors. It provides peace of mind so that you can pay for unexpected costs at a time when job security may be low. It also means that you are in a position to capitalise on lower valuations across the stock market.Clearly, holding large amounts of cash for the long term is unlikely to produce high returns. But, at a time when the prospects for the world economy are uncertain, ensuring you have liquidity within your portfolio could be a major advantage should stock prices become more attractive over the coming months.High-quality stocksHigh-quality businesses may be in a better position than their industry peers to survive another market crash. For example, companies with solid balance sheets that contain little amounts of debt may be under less pressure to deliver sales and profit growth on a relative basis. Likewise, companies with wide economic moats may be less affected by a period of weaker growth for the world economy.Furthermore, high-quality businesses may be able to take advantage of weak operating conditions to strengthen their competitive positions. For example, they may be able to take market share from their peers to improve their profit growth potential over the coming years. This could aid their share price performances, and boost your portfolio returns.A long-term viewA market crash can cause investors to panic about paper losses within their portfolio. However, a loss is not realised until a stock is sold. As such, holding your stocks for the long term could be a means of allowing them to recover from short-term declines in their valuations.Similarly, when buying stocks it could be a sound move to have modest expectations about their prospects over the short run. The challenging outlook for the economy means that many stocks may struggle to post improving levels of profitability. However, with the world economy and the stock market having strong track records of recovery over the long run, adopting a buy-and-hold strategy could allow you to benefit from improving performances over the coming years. Another stock market crash may be ahead. I’d take these 3 steps to get rich from itlast_img read more

Box Hill North Townhouse / Inbetween Architecture

first_imgPhotographs:  Tatjana Plitt “COPY” Landscape: Australia ShareFacebookTwitterPinterestWhatsappMailOr Clipboard “COPY” 2016 Area:  470 m² Year Completion year of this architecture project Box Hill North Townhouse / Inbetween ArchitectureSave this projectSaveBox Hill North Townhouse / Inbetween Architecture CopyHouses•Melbourne, Australia ArchDaily Photographscenter_img Projects Houses CopyAbout this officeInbetween ArchitectureOfficeFollow#TagsProjectsBuilt ProjectsSelected ProjectsResidential ArchitectureHousesMelbourneAustraliaPublished on April 24, 2019Cite: “Box Hill North Townhouse / Inbetween Architecture” 23 Apr 2019. ArchDaily. Accessed 11 Jun 2021. ISSN 0719-8884Browse the CatalogPanels / Prefabricated AssembliesTechnowoodPanel Façade SystemRailing / BalustradesMitrexIntegrated Photovoltaic Railing – BIPV RailingMetal PanelsAurubisCopper Alloy: Nordic BrassHanging LampsVibiaHanging Lamp – VOLConcreteKrytonCrystalline Waterproofing – KIMSkylightsLAMILUXGlass Skylight FE PassivhausPorcelain StonewareCosentinoSurfaces – Dekton® Chromica CollectionBricksFeldhaus KlinkerThin Bricks – ClassicGlassDip-TechDigital Ceramic Printing for Interior DesignWoodStructureCraftEngineering – FootbridgesAluminium CompositesCymat Technologies Ltd.Bundang Doosan Tower – Alusion™ Stabilized Aluminum FoamTable LampsRoss GardamDesk Lamp – OraMore products »Save世界上最受欢迎的建筑网站现已推出你的母语版本!想浏览ArchDaily中国吗?是否翻译成中文现有为你所在地区特制的网站?想浏览ArchDaily中国吗?Take me there »✖You’ve started following your first account!Did you know?You’ll now receive updates based on what you follow! Personalize your stream and start following your favorite authors, offices and users.Go to my stream Year:  Save this picture!© Tatjana Plitt+ 21Curated by Paula Pintos Share Architects: Inbetween Architecture Area Area of this architecture project Box Hill North Townhouse / Inbetween Architecture ShareFacebookTwitterPinterestWhatsappMailOr Clipboard City:MelbourneCountry:AustraliaMore SpecsLess SpecsSave this picture!© Tatjana PlittRecommended ProductsDoorsLibartVertical Retracting Doors – Panora ViewWood Boards / HPL PanelsInvestwoodWood Fiber Kitchens – ValchromatDoorspanoramah!®ah! PivotDoorsSky-FrameInsulated Sliding Doors – Sky-Frame ArcText description provided by the architects. The project challenges the typical model of suburban townhouse development and shows that increased density and contemporary living can be achieved without compromise to the existing local neighborhood character.Save this picture!© Tatjana PlittThe architectural design of the development draws heavily on the established streetscape character and responds with similar form and massing but is expressed in a distinctly contemporary language. Despite being overtly contemporary, it sits comfortably in its context, further aided by quality landscape design. With the rare opportunity of laneway access, the garages are located to the rear, allowing the street frontage to be open and accessible. The development appears as a single built form which is in keeping with the dominant typology of the street. Being a ‘side-by-side’ development, each dwelling is afforded their own equal street presence and similarly their own private and functional open space.Save this picture!© Tatjana PlittThis townhouse project, through its thoughtful design, provides for contemporary living and increased density without the sacrifice of personal amenity or disruption to streetscape character often associated with townhouse developments.Save this picture!© Tatjana PlittProject gallerySee allShow lessFUTURE STITCH Smart Factory / AZL ArchitectsSelected ProjectsSarbalé Ke Pavilion / Kéré ArchitectureSelected Projects Share Peachy Greenlast_img read more

Ethanol Site Launches Flex Fuel Finder Application

first_img Growth Energy has launched a new user-friendly interface for, a website that seeks to outline the benefits of ethanol and the growing availability of Flex Fuel pumps. The website launch is part of Growth Energy’s new national campaign to increase awareness of E15.The website is a comprehensive and easy to use resource for current and prospective ethanol retailers across the company, as well as consumers. It also features a Flex Fuel Finder application, which simplifies the process of locating ethanol blend pumps. The application is accessible from both the website and as a smartphone app, making it easier for Americans to locate cheaper, cleaner fuel while on the go.“’s Flex Fuel Finder is an important tool – highlighting the truth about ethanol and E15, while simultaneously providing Americans a quick way to locate Flex Fuel pumps,” said Growth Energy President Jim Nussle. “Growth Energy continues to lead the way in informing the public about the benefits of alternate renewable fuel, a campaign that is vital to promoting our country’s security and economic also highlights continuously updated news on ethanol, E15, and answers questions on policy issues.  Nussle concluded, “Growth Energy takes its responsibility to educate consumers about clean energy alternatives seriously. We are confident’s Flex Fuel Finder will quickly gain popularity as more Americans become concerned about the country’s energy security and seek alternatives to foreign oil.”The Flex Fuel Finder is available at  Download FlexFinder for iPhone in the App Store and Android devices in the Android Marketplace.Source: Growth Energy By Andy Eubank – Jun 5, 2012 SHARE SHARE Ethanol Site Launches Flex Fuel Finder Application Home Energy Ethanol Site Launches Flex Fuel Finder Application Facebook Twitter Previous articleUpdate: NPPC Says McDonald’s Announcement Based on ActivistsNext articleGary Wilhelmi 6/5/2012 PM Comment Andy Eubank Facebook Twitterlast_img read more

State broadcaster suspends political discussion programmes ahead of regional elections

first_img ItalyEurope – Central Asia to go further On eve of the G20 Riyadh summit, RSF calls for public support to secure the release of jailed journalists in Saudi Arabia Ten RSF recommendations for the European Union RSF_en Reporters Without Borders is dismayed by a decision by the board of governors of the state-owned broadcaster RAI to suspend all political discussion programmes on its three TV stations during the one-month run-up to regional elections scheduled for 28 and 29 March. The reason given was the difficulty of ensuring “equality of treatment.”“This move is doubly intolerable,” Reporters Without Borders said. “Firstly, an election campaign is under way and Italy’s citizens have more need than ever for political information, especially programmes about the various contending parties, so that they can cast an informed vote. Secondly it is above all the job of state broadcasters such as RAI to provide this information.”It is extraordinary that RAI should be backing away from the obligation to provide the detailed political information that viewers appreciate by temporarily suspending its current affairs programmes prior to the elections.The ability of a country’s public broadcast media to allocate air-time fairly to the various political parties is a key indicator of its democratic credentials. RAI’s inability to do this – acknowledged in the decision taken by the board of governors – is utterly incomprehensible in a democracy such as Italy, which was one of the European Union’s founders.The decision, taken on 1 March, seems to have been politically influenced, especially as polls show support for Silvio Berlusconi’s coalition falling and various political scandals would normally give rise to closer scrutiny and more detailed reporting during an election campaign.There is still time for RAI’s governors to reverse this decision and fulfil their obligation to inform the public, as the journalists employed by RAI’s three TV stations are demanding.More than a thousand people protested against the decision outside RAI’s headquarters in Rome on 2 March in response to a call from the National Union of Italian Journalists (FNSI) and the state TV unions. Reporters Without Borders representatives took part in the demonstration. December 2, 2020 Find out more News News November 23, 2020 Find out more Follow the news on Italycenter_img November 19, 2020 Find out more RSF and 60 other organisations call for an EU anti-SLAPP directive March 4, 2010 – Updated on January 20, 2016 State broadcaster suspends political discussion programmes ahead of regional elections ItalyEurope – Central Asia Help by sharing this information Receive email alerts News News Organisation last_img read more

Coronavirus live updates: California tops one million cases

first_imgnarvikk/iStockBy MORGAN WINSOR, EMILY SHAPIRO, IVAN PEREIRA and MEREDITH DELISO, ABC News(NEW YORK) — A pandemic of the novel coronavirus has now killed more than 1.29 million people worldwide.Over 52.6 million people across the globe have been diagnosed with COVID-19, the disease caused by the new respiratory virus, according to data compiled by the Center for Systems Science and Engineering at Johns Hopkins University. The actual numbers are believed to be much higher due to testing shortages, many unreported cases and suspicions that some national governments are hiding or downplaying the scope of their outbreaks. The criteria for diagnosis — through clinical means or a lab test — has also varied from country to country.Since the first cases were detected in China in December, the virus has rapidly spread to every continent except Antarctica. The United States is the worst-affected nation, with more than 10.5 million diagnosed cases and at least 242,622 deaths.Nearly 200 vaccine candidates for COVID-19 are being tracked by the World Health Organization, at least 10 of which are in crucial phase three studies. Of those 10 potential vaccines in late-stage trials, there are currently five that will be available in the United States if approved.Here’s how the news is developing Friday. All times Eastern:Nov 13, 7:50 amBiden COVID advisor: US needs targeted restrictions, not nationwide lockdownDr. Vivek Murthy, the co-chair of President-elect Joe Biden’s new coronavirus advisory board and former surgeon general, told ABC News’ Good Morning America Friday that targeted restrictions in specific areas, not a nationwide lockdown, would be the best path forward to combatting the virus.“I think that’s how we thought about it in the spring, but I think we’ve learned a lot since then about how this virus spreads and what we can do to reduce risk,” he said. “And right now, the way we should be thinking about this is more like a series of restrictions that we dial up or down depending on how bad spread is taking place in a specific region.”He pointed to the success New York City has had in targeting areas down to the zip code. That approach, he said, also helps lessen the blow on the economy and COVID fatigue.“We’re not in a place where we’re saying shut the whole country down. We got to be more targeted,” Murthy said. “If we don’t do that, what you’re going to find is that people will become even more fatigued. Schools won’t be open to children and the economy will be hit harder, so we’ve got to follow science, but we’ve also got to be more precise.”He said to combat the virus, the U.S. will focus on stopping the spread of COVID-19 by zeroing in on the hardest-hit communities and increasing testing.“We still don’t have adequate testing so anyone who wants a test can get one and get results quickly,” Murthy told GMA. “We still don’t have enough testing to be able to do surveillance testing in universities and workplaces and in other places that are higher risk like prisons and nursing homes so that is an area where you’ll see President-Elect Biden focusing expanding capacity.”States reported 151,000 cases in the U.S. on Thursday, with 67,000 people hospitalized with the virus, according to the COVID Tracking Project. Both figures are records.Nov 13, 4:41 amCalifornia surpasses one million COVID casesCalifornia has now passed a grim milestone of over one million confirmed cases of coronavirus.According to the latest data compiled by Johns Hopkins University, the state has at least 1,006,099 diagnosed cases.California becomes only the second state, behind Texas, to reach this threshold.The total number of COVID-19 cases in the U.S. is now more than 10.55 million, with at least 242,430 deaths.Copyright © 2020, ABC Audio. All rights reserved.last_img read more

A new automated logging gateway to study the demographics of macaroni penguins (Eudyptes chrysolophus) at Bird Island, South Georgia: testing the reliability of the system using radio telemetry

first_imgThe use of automated systems to record the identity of individual penguins and their movements in and out of a colony can provide an effective means of studying penguin biology remotely. A new gateway installed at the macaroni penguin colony at Fairy Point (513 breeding pairs in 2003) on Bird Island, South Georgia in February 2003 and the implantation of passive integrated transponders for identifying individuals is described. The reliability of the system in recording penguin arrival and departure during the end of the 2002/2003 breeding season and over the complete 2003/2004 breeding season was tested using an independent method of radio telemetry. Results from two seasons of trials indicated that there was only a 3.7% probability of the gateway missing a penguin in 2002/2003 (185 total logged crossings) and 3.9% in 2003/2004 (1,309 total logged crossings); this compared with probabilities of 16.2 and 7.9% using radio telemetry, both differences being highly significant. This automatic logging gateway is therefore shown to be a more reliable means of recording the transit of penguins between the colony and sea and, over the longer term, elucidating colony attendance and survival rates of this species at South Georgia.last_img read more

Kim Ng shares how she reacted to being named Marlins’ first female GM in MLB history

first_imgNovember 16, 2020 /Sports News – National Kim Ng shares how she reacted to being named Marlins’ first female GM in MLB history Beau Lund FacebookTwitterLinkedInEmailABC NewsBy KELLY MCCARTHY, ABC News(NEW YORK) — The Miami Marlins made a historic change to the lineup in their front office. Kim Ng joined ABC News’ Good Morning America Monday after being named general manager of the Marlins on Friday, becoming the first female and first Asian American general manager in the sport’s history.“It really was just so unbelievable. It actually took a couple seconds for it to soak in,” Ng recalled of the moment she got the job. “Generally, I play things fairly close to the vest and Derek Jeter, who told me, basically said, ‘You’re not even going to smile?’ So it was quite a moment. And — honestly it was a relief and it felt like a 10,000[-pound] weight had been lifted off my shoulder.” Ng said she had a socially distanced gathering with her mom and four sisters the day after she got the exciting news. “I said to them, ‘Well, I’m moving to Miami.’ And they looked at me just completely befuddled and said, ‘Why? What’s going on?’ And I said, ‘Well, there’s a former shortstop I used to know who’s hired me to be the next general manager.’ And they started screaming, of course,” Ng said of the big moment. “It was hard because my mom, I couldn’t hug her at this time but she, of course, got very emotional and all of us did. It was great,” she added. Ng has a winning record with the Marlins CEO and former Yankees great who played for the team when she was with the New York organization. “On behalf of principal owner Bruce Sherman and our entire ownership group, we look forward to Kim bringing a wealth of knowledge and championship-level experience to the Miami Marlins,” Jeter said in a statement. “Her leadership of our baseball operations team will play a major role on our path toward sustained success. Additionally, her extensive work in expanding youth baseball and softball initiatives will enhance our efforts to grow the game among our local youth as we continue to make a positive impact on the South Florida community.” In their time together with the New York Yankees, Ng and Jeter notched three World Series wins, in 1998, 1999 and 2000.With more than 30 years of experience in the sport, Ng has previously been with the Chicago White Sox, Yankees, Los Angeles Dodgers, and most recently spent the last nine years in the MLB commissioner’s office. Ng was long rumored to be a prime candidate to become the first female GM in the sport. “I’ve interviewed numerous times for this position. I think after, you know, maybe a handful, you start thinking, well, maybe this isn’t going to happen,” she said. “That belief persisted for quite some time until, you know, obviously a week ago or several days ago when this happened.” “It was a difficult time. You know, you question your ability. You question everything you’ve worked hard for. But in the end, you know, you got a great ending,” Ng said. “It’s about hard work and perseverance and still remaining confident in yourself.” She continued, “one of the biggest things [is] that you can’t just quit on yourself.” Ng also said that it’s up to leaders of organizations to promote these big changes, offering Jeter as an example “in terms of what he did and his groundbreaking move and they should try to be fearless.”When the news was first announced Friday, the longtime baseball executive said in a statement, “I entered Major League Baseball as an intern and, after decades of determination, it is the honor of my career to lead the Miami Marlins as their next General Manager.” “We are building for the long term in South Florida, developing a forward-thinking, collaborative, creative baseball operation made up of incredibly talented and dedicated staff who have, over the last few years, laid a great foundation for success,” she continued. “This challenge is one I don’t take lightly. When I got into this business, it seemed unlikely a woman would lead a Major League team, but I am dogged in the pursuit of my goals.” She is also believed to be the first woman hired to the general manager position by any of the professional men’s sports teams in the North American Major Leagues, the organization said in a press release. “My goal is now to bring championship baseball to Miami. I am both humbled and eager to continue building the winning culture our fans respect and deserve,” Ng said.Copyright © 2020, ABC Audio. All rights reserved.center_img Written bylast_img read more