Toronto stock index plunges on tumbling energy prices loonie loses ground

first_imgTORONTO – Canada’s largest stock index nose-dived Tuesday while U.S. stocks slumped as the price of oil saw its biggest single-day drop since October.The S&P/TSX composite index retreated 113.13 points to 15,913.13, with the energy sector leading the broad-based decline as the December crude contract fell US$1.06 to US$55.70 per barrel.In New York, the Dow Jones industrial average was down 30.23 points to 23,409.47. The S&P 500 index edged back 5.97 points to 2,578.87 and the Nasdaq composite index lost 19.73 points to 6,737.87.“We’re seeing continuing weakness in global markets. We’ve seen that all the major markets have kind of retreated from the highs that were set earlier in the month,” said Todd Mattina, chief economist and strategist at Mackenzie Investments.“The decline in oil prices is really weighing on energy sectors in global markets, which of course is very important for the Canadian market.”Mattina said a dovish report on Tuesday from the International Energy Agency has played a role in softening energy prices. The report said that growth in U.S. oil outputs is supposed to be very strong, with very rapid growth expected between now and 2025.“We’ve seen a very impressive rally in oil prices recently which has been driven by hopes of continued OPEC production cuts as well as the uncertainty around the political drama in Saudi Arabia,” Mattina said.“But today we’re seeing a step back from that as there’s been a forecast of warmer than normal weather as well as very robust production in the U.S. over the coming years.”In currency markets, the Canadian dollar was trading at 78.54 cents US, down 0.31 of a U.S. cent from last Friday.Elsewhere in commodities, the December gold contract was up US$4.00 to US$1,282.90 an ounce. The December natural gas contract gave back seven cents to US$3.10 per mmBTU and the December copper contract declined five cents to US$3.07 a pound.Follow @DaveHTO on Twitter.last_img read more

Backcountry owner estimates his store might not open until next week

first_imgFORT ST. JOHN, B.C. —  The owner of Backcountry in Fort St. John says that the extent of the damage sustained during a break and enter that saw a man drive a pickup truck through the store’s exterior wall means he might not be reopening until next week.At around 4:30 Tuesday morning, a man at the wheel of a stolen pickup truck smashed through Backcountry’s exterior cinderblock wall before driving right into the store. Backcountry co-owner Steve Hewitt said that while nothing was stolen from the business, the suspect caused a “massive” amount of damage to the store and its contents.Hewitt said that the suspect struck one of the building’s main support columns, and the store’s owners are waiting for an engineer to assess whether the building is still structurally sound. He estimated repairs to the exterior wall could be anywhere from $30,000 to $100,000, while at least $75,000 worth of the store’s merchandise, displays, and equipment was also wrecked. Despite the unfortunate incident, Hewitt added that the feedback from the community has been incredibly positive as the store cleans up from the B&E and prepares to reopen.“We’ve just been inundated with calls from friends, customers, fellow business owners, everyone just offering help in one form or another,” said Hewitt. It’s kind-of reestablished our faith in humanity after having that stripped from us.”Hewitt said the store’s owners should have an update on when they’ll reopen after the engineer’s assessment is complete.last_img read more

Madeline Albright Morocco Africa Inspire Hope in a CrisisLaden World

Rabat – America’s first female secretary of state, Madeline Albright, has singled out Africa’s upbeat developments in a world witnessing many crises, both between and within counties.Albright, who led America’s diplomatic corps 1997-2001 during Bill Clinton’s presidency, was one of the leading guest speakers at the 7th Atlantic Dialogues, a geopolitical event in Marrakech December 13-15.Organized by the Center for the New South, formerly known as OCP Policy Center, the three-day event continued its tradition of inviting leading voices on diplomacy and global affairs to speak on some of the trends in international relations. In a speech that echoed this year’s Atlantic Dialogues’ theme, “Atlantic Dynamics: Overcoming the Choke Points,” the American diplomat copiously spoke of the growing friction between countries brought about by a politics of resentment and “rage.”Arguing that isolationism and rivalry are replacing international dialogue, Albright regretted the “dangerous rise of nationalism in the world, notably in Europe.”She particularly lambasted the West for the plight of migrants and refugees and called out Europe and the US for their increasingly security-oriented migration policies. President Trump, she said, is America’s “least democratic president.” “No one seems to understand how the system really works,” she said of the rise of post-truth, fake news, and conspiracy theories used by far-right parties to demonize migrants and push for nationalistic policies.She said nationalism is on the rampage while conspiracy theories threaten the order of the post-World War II world.Read also: UN Report: Morocco is 5th Most Ready for E-Shopping in Africa‘Remarkable’ changes in AfricaWhen asked at the end of the question and answer session to make a few remarks on important topics she felt were sidelined or not brought up at all in her speech and the questions that ensued, Albright was full of praise for Morocco and Africa.Referring to the Benguerir-based King Mohammed VI Polytechnic University, which she visited prior to speaking in Marrakech, Albright said she was “blown away” by both the design of the campus and the aspiration of the university. “It was fantastic,” she said, explaining that Morocco and the African continent need such higher learning institutions to accompany and foster the optimistic dynamics that the continent has witnessed of late.“I think that what we should be asking ourselves is what is really happening in Africa, and I think it is remarkable in terms of a rising Africa and a new Africa.”Staying clear of some of the pejorative and stereotyped descriptions of Africa, Albright spoke of a continent full of potential with a bright future. She elaborated, “One of the things I think we need to talk about is the potential of Africa with a very young population that is now being educated and is in fact ready to play their role.”For her, despite some persisting social issues on the continent, African countries should be granted the space to “play their roles both as nation-states and within the context of globalization.”Rather than patronizing the continent, especially for the rising number of young Africans choosing to migrate, the West should take Africa’s concerns seriously and welcome it as “part of the solution to some of the issues.” read more

UN says it will not comment on authenticity of WikiLeaks documents

29 November 2010The United Nations said today it is not in a position to comment on the authenticity of the document disclosed by the whistle-blowing website WikiLeaks on information-gathering activities on UN officials and activities. “The UN is by its very nature a transparent organization that makes a great deal of information about its activities available to the public and Member States. UN officials regularly meet representatives of Member States to brief them on UN activities,” Farhan Haq, spokesperson for Secretary-General Ban Ki-moon, told reporters in New York.The documents allege that senior United States officials encouraged US diplomats to collect information on UN officials and their activities.Mr. Haq said that the UN “relies on the adherence by Member States” to the various undertakings contained in the UN Charter, the Headquarters Agreement and the 1946 Convention on the Privileges and Immunities of the UN. He added that the Secretary-General was informed by the US Ambassador to the UN, Susan Rice, about the documents before they became public. read more

Bitcoins deepening crash now approaches its worst bear markets as it freefalls

Oanda’s Erlam is among strategists who say traders confidence was shattered after Bitcoin crashed through US$6,000 earlier this month. The level had seemed to be a genuine support for the token all year and likely to have encouraged traders to put stop loss orders just below it.Other technical measures suggest more pain to come. The DVAN Buying/Selling Pressure Gauge is the most oversold and showing the strongest negative divergence since the May sell-off. In addition, the current price of Bitcoin is still far below the trend line indicating the selling pressure will widen further, which could indicate further losses to come.“When US$6,000 broke, you had an element of stops being taken out, but there are more factors at play,” Erlam said. “There are investigations, the hard fork of Bitcoin Cash knocked people’s confidence, volatility is back, and institutional money hasn’t really flowed in. The next line in the sand looks like US$3,000.”–With assistance from Kenneth Sexton (Global Data).Bloomberg.com Bitcoin broke below US$4,000 and extended its 2018 crash to within striking distance of the biggest cryptocurrency’s worst bear markets.The virtual currency conceived just over a decade ago slid as much as 14 per cent to US$3,675 on Monday, bringing its decline from last December’s record high of almost US$20,000 to about 80 per cent. All nine of its largest peers tracked in real time by Bloomberg fell, with drops ranging as high as 21 per cent for Monero.This year’s collapse, which has ensnared rival coins like Ether and XRP, is entering the same league as Bitcoin’s 93 per cent plunge in 2011 from its previous record high, and its 84 per cent rout from 2013 to 2015, during the collapse of Tokyo-based crypto exchange Mt. Gox. In dollar terms, the damage has been even bigger this time around: Virtual currencies tracked by CoinMarketCap.com have lost more than US$700 billion of value since the market peaked in January.This has been the worst week for cryptocurrency since the bubble burst, with losses now at $700 billion‘It’s getting nasty’: No end in sight for cryptocurrency sell-off as Bitcoin breaches $4,250‘I didn’t sleep well last night’: Bitcoin’s slide just the beginning as analysts brace for a 70% drop“There’s an element of almost shock: there’s nothing to suggest the sell-off is over,” said Craig Erlam, senior market analyst at securities firm Oanda Corp. in London. “This was a market primarily driven by sentiment since last year, and it’s since been completely destroyed.”While bulls are betting that demand from institutional investors will stabilize prices, most big money managers have stayed on the sidelines amid concerns over exchange security, market manipulation and regulatory risk.The sell-off is “really testing the faith of a few key players,” said Ryan Rabaglia, Hong Kong-based head trader at OSL, a cryptocurrency dealing firm. “For this next push, we are going to need that institutional money to come in finally. To lend that support and help with growth.”This was a market primarily driven by sentiment since last year, and it’s since been completely destroyedCraig Erlam, senior market analyst, Oanda Corp read more

A47 crash Bus driver and passenger dead after double decker and lorry

Sixteen people taken to hospital after double decker bus and lorry collide on A47Credit:Terry Harris/THA Steve Wickers, managing director at First Eastern Counties bus company, confirmed a driver based at their King’s Lynn depot had died and said he was “shocked and saddened” by the incident.He said: “Our thoughts are with the families of the deceased and we will be providing as much support to them as we can through this difficult time.”We will now be working with the police while they undertake their investigations.” An aerial shot of the A47 crash An aerial shot of the A47 crashCredit:Terry Harris/THE Sixteen people taken to hospital after double decker bus and lorry collide on A47 Want the best of The Telegraph direct to your email and WhatsApp? Sign up to our free twice-daily  Front Page newsletter and new  audio briefings. The crash, involving a Bretts Transport lorry, happened near the firm’s distribution centre at Thorney Road in Guyhirn.A spokesman for Bretts said: “We acknowledge there has been an incident on the A47 this morning involving one of our vehicles just outside our premises.”At this stage we are giving the emergency services our full support and co-operation.” The lorry driver had escaped injury and round a three-mile stretch of the A47 was closed following the collision until 5.30pm yesterday. Emergency services deal with the incident on tha A47 Credit:Terry Harris/THA A bus driver and a passenger have died after a double decker smashed into a lorry on a busy Cambridgeshire road. They have been named today as driver Michael Elcombe, 45, of Swaffham, and passenger Brian Chapman, 76, of Kettering, Cambridgeshire Police said. Twelve other people were injured, five seriously, in the crash on the A47 near Guyhirn on Tuesday morning.The bus collided with the lorry as it was pulling out of a yard onto the road, Inspector Jamie Langwith said, and footage from the aftermath at the scene showed the bus, which had been travelling eastbound on the road, lodged into the side of the lorry.The driver was from Norfolk and aged in his 50s, while the fatally injured passenger was from Northampton and aged in his 70s, police said. Injuries sustained by those hurt in the crash at around 7.30am range from broken legs to brain injuries, but none are in a life-threatening condition, Inspector Langwith said.He added said: “What we do know is that they have a coming together where the HGV has pulled out of the yard and the bus has collided into the side of it.” Emergency services deal with the incident on tha A47  According to its website, Bretts Transport specialises in deliveries to the retail, food service and food manufacturing sectors, delivering more than 4,000 tons of canned food and other grocery products along with 5,000 pallets of food grade packaging each week.Those injured were taken to Peterborough City Hospital and the Queen Elizabeth Hospital in King’s Lynn. read more

Darko Stanics case Price for RK Vardar was 800000 EUR

Darko Stanichandballhandball transfersRenato VugrinecRK Metalurg vs rk vARDAR ← Previous Story Uroš Zorman to miss clash against THW Kiel! Next Story → RK Zagreb’s coach Dvorsek before Veszprem: “3000 Hungarians will come, but we can do as Skopje” One of the biggest stories of the last handball summer was possible transfer of Serbian goalkeeper Darko Stanic from Skopje’s RK Metalurg. One of the best goalkeeper in Europe in the last few years was a target of many teams after his public dissatisfaction of his status in team of Lino Cervar. Clausule for freedom was about 200-300.000, only for the biggest rival RK Vardar – much more! That said also Slovenian right back Renato Vugrinec, who is playing with Stanic at “Autokomanda”:– Just when I extended deal with Metalurg last March, in that time coach of RK Vardar Veselin Vujovic called me to ask for possible move. I told him that he had to call me before if he was interested. They wanted also Darko Stanic. Metalurg wouldn’t let us to move to Vardar. In case that I wanted to left Macedonia, they would made some transfer fee. Metalurg set price of 800.000 EUR for Darko Stanic transfer to Vardar! On the other hand, second goalkeeper Petar Angelov left to Vardar without problem. Rivality is so huge here – said Vugrinec for SIOL.NET. read more

Samsung earnings fall as mobile growth slows down

first_imgQUARTERLY EARNINGS AT Samsung fell for the first time in two years as sales of smartphones and tablets slowed in developed countries.The South Korean company estimated an operating profit of 8.3 trillion won (€5.7 billion) for the final three months of 2013, a 6 per cent decline over a year earlier.The result was lower than forecast by analysts and an 18 per cent drop from the third quarter. Sales rose 5 per cent to 59 trillion won (€41 billion).Since the last quarter of 2011, Samsung’s operating income has increased every quarter, peaking at 10.2 trillion won (€7 billion) in the July-September period.The fourth quarter performance shows that explosive growth in Samsung’s lucrative mobile device business has come to a halt.It will release its net profit result for the fourth quarter later this month.Analysts said Samsung’s profit fell because its businesses supplying advanced displays and chips for iPhones and Galaxy smartphones posted smaller profit.They said Samsung’s smartphone business making Galaxy smartphones and Galaxy Gear smartwatches was not as lucrative as before because of higher marketing costs.“It’s an earnings shock,” said analyst James Song at KDB Daewoo Securities. “The profit at mobile communications business must have been much lower than expected although it’s likely that Samsung gave bigger bonuses to employees.” Song had estimated 9.3 trillion won of operating profit for Samsung.Samsung Electronics’ smartphone business also faces more competition in China. Starting next week, Apple is scheduled to begin selling iPhones through China Mobile, the world’s largest wireless carrier, a move that could threaten Samsung’s growth in the smartphone market.Samsung held 21 per cent market share in China’s smartphone market during the third quarter, up from 14 per cent a year earlier, while Apple’s share declined to 6 per cent from 8 per cent, according to research firm Canalys.Read: LG and Samsung unveil similar 105-inch TVs on the same day >Read: This Samsung advert is the most hilariously awful thing you’ll see today >last_img read more

How the Wax Museum is using Pokémon tech to bring Brendan Behan

first_img Mar 18th 2017, 9:30 PM Subscribe for more videos How the Wax Museum is using Pokémon tech to bring Brendan Behan to life Augmented Reality features will add an extra layer of experience at the attraction’s new home. Share Tweet Email2 Short URL 7 Comments THE WAXWORKS AT the Wax Museum’s new home will come out and talk to you.Not literally, of course. But Virtual Reality and Augmented Reality specialists have been brought in to help make the attraction more interactive and educational, as preparations continue for next month’s planned opening.The revamped museum has also been ‘gamified’: people can use their phones to follow clues and collect ‘treasure’, as they make their way around the exhibits.Speaking to TheJournal.ie at a media tour of the under-construction museum on Westmoreland Street this week, Eoghan Kidney of Antics VR said he tended to reference Pokémon Go when describing the new feature, as it was something a broad audience understood.Everyone has a screen in their pocket these days, Kidney said.“So we’re taking that hardware and offering visitors an app that they can install that, as they move through the museum, will give them an extra virtual layer of experience that hopefully will add more value to their visit.There’ll also be opportunities to look at pieces of video through the app. There’ll be loads of extra information. It will offer different languages so people from different countries can have a better experience.While the gaming features on offer in the museum will obviously be on a much smaller scale than Pokémon:They’re both augmented reality. They both use the camera on your phone and overlay digital 3D objects into the world that the camera sees.Kidney showed off two demo versions of the features that will be offered – including a virtual tour of the city, and an interactive Brendan Behan.The museum’s not quite finished – so you still have to use your imagination to a degree. A picture of the famous Dublin writer was standing in for his waxwork this week, Kidney explained, “because his head is still in a box in my office”.But the concept was clear as he demonstrated how it worked: hold your phone in front of the figure, and the writer’s floating head will appear on your phone, telling you more about his life and work.Kidney and his colleagues in Antics VR spent about two months on research and development before the elements that would be included in the new museum began to take shape, he explained.Initially, the attraction’s owner, Paddy Dunning, said he was interested in both VR and AR – but space restrictions at the new O’Connell Bridge-adjacent location meant that any potential VR projects had to be put on hold for the moment.“In future attractions, we’re looking at it.”Formerly located near the Black Church to the north of Parnell Square, the wax museum brand was taken over and relaunched by Dunning as the National Wax Museum Plus, near College Green, back in 2009. It vacated that property before Christmas, after the Irish Stock Exchange bought the building. Work continuing at the new Wax Museum on Wednesday. Source: Rollingnews.ieWhile some of the old 1980s and 1990s-era figures will be on view again on Westmoreland Street, the new attraction couldn’t be further removed from the old northside version of the museum, which was owned by former Fianna Fáil TD and Senator Donie Cassidy.In addition to the obligatory Chamber of Horrors, there’ll be a music room, an area dedicated to Irish myths and legends and displays dedicated to characters from The Simpsons, along with other fairytale and sci-fi inspired features. Downstairs, it’s planned, there’ll be several history areas covering everything from 1916 to the Good Friday Agreement. Star Wars features heavily too – and there’ll be an area dedicated to Father Ted.You’ll also be able to buy reproductions of the wax figures, if you have deep enough pockets. And, thanks to new 3D technology, there’ll even be an opportunity to replicate yourself (click here to take a look at our tour of the museum).Read: The Wax Museum is back (again) – just don’t call it a Wax Museum >Read: Dublin’s Wax Museum to close within two weeks after Stock Exchange court push > Source: TheJournal.ie/YouTube By Daragh Brophy http://jrnl.ie/3290738 8,561 Views Tweet thisShare on FacebookEmail this article Saturday 18 Mar 2017, 9:30 PMlast_img read more

Bharat movie review and rating Critics verdict on Salman Khans film

first_imgBharat movie review and ratingPR HandoutSalman Khan starrer Bharat has been released on the big festival of Eid. The movie has huge hype around it, and critics have finally come up with their reviews.Directed by Ali Abbas Zafar, Bharat is based on the Korean film Ode To My Father. Apart from Salman, the film features Katrina Kaif, Disha Patni, Sunil Grover, Jackie Shroff among others.Bharat is set on the backdrop of India-Pakistan partition, and showcases the journey of a common man along with the changes happening in the country. It presents Salman in five different avatars, portraying his story from childhood to old age.Disha plays his love interest in his initial life, while Katrina becomes his lady love in the later part. Jackie is seen as his father, and Sunil his childhood friend. Bharat involves moments of light humour, emotion, romance, action and a lot of drama.The movie is blessed with decent music, and apparently has all the elements to impress the audience. However, some of the critics are not impressed by the film. A lot of expectations are associated with the film as it brings back the hit pairing of Salman as actor and Ali as director.Bharat has received mixed response from the critics. So without further delay, let’s check out what critics have been saying about Bharat. Taran Adarsh: “#OneWordReview… #Bharat: SMASH-HIT. An emotional journey that wins you over… Salman is the lifeline. He’s exceptional… Katrina excels… Ali Abbas Zafar blends humour + emotions wonderfully… Slight trimming needed… Get ready for #Salmania.”Rating: 4 StarsThe Times Of India: “While emotional manipulation happens in every film, the fact that it’s evident here makes it a tad overbearing. The reverence is blatant. A little subtlety and crisp editing would have done wonders.Bharat is well-intentioned, entertaining and doesn’t succumb to the trappings of commercial potboilers. The fact that it tries a bit too hard to prove that, is its problem.Our overall critic’s rating is not an average of the sub scores below.”Rating: 3.5 StarsHindustan Times: A lot like Bajrangi Bhaijaan, Salman emerges as an advocate for peace between India and Pakistan. A long drawn out sequence underlines how both the countries lost their own identities during the Partition, and how wounds are far from healed may feel manipulative, but it works – I witnessed more than one person wiping away a tear. That is where Bharat and Zafar score. Despite knowing what the film is trying to do, in some cases easily guessing plot turns in advance, you cannot help but enjoy it. This one is an Eid winner. Bhai just got his mojo back.Rating: 3 starsFirstpost: The best of Bharat comes right in the beginning and then almost towards the end. The initial portrayal of the Partition and later efforts to reunite families separated at the time may seem emotionally over-wrought to some, but I confess I was reduced to tears in both portions. Unfortunately, what comes in between, though largely inoffensive is only sporadically rewarding. Far from being a Forrest Gump with Salman Khan, Bharat is mostly a plodding trek through post-1947-to-present-day India.Rating: 2 starsThe Indian Express: Yes, it’s hard to believe that a 70-year-old can beat off four menacing young men bent upon making mincemeat of him. But then this IS a Bhai movie. He staggers, but is the last man standing. But of course. He may have fixed a grey beard to his chin, but his chest still ripples. What else? In a Salman Khan movie, anything is possible, even tall tales that can transcend borders.Rating: 2 starsBollywood Hungama: “On the whole, BHARAT is a super-entertainer with emotions as its strong USP and Salman Khan like never before. The superb combination of Salman Khan, emotions and the release period [Eid] will ensure fireworks at the ticket windows. At the box office, it will fetch bumper profits for all concerned.”Rating: 4.5 StarsKoimoi: “Bharat is no Sultan or Tiger Zinda Hai – it’s the weakest film of Ali Abbas Zafar. The pace is the culprit along with the length. In order to keep something for everyone, Ali also keeps nothing for someone.”Rating: 2.5 Starslast_img read more

UAE state minister visits Rohingya camp

UAE state minister visits Rohingya camp

first_imgShe also met Rohingyas and UAE-sponsored Malaysian Field Hospital in Ukhiya of the district, said the UAE embassy in Dhaka. The UAE state minister also called on UNHCR representative in Bangladesh Steven Corlliss and senior advisor to the representative of World Food Programme, Naila Sattar.They discussed the severity of Rohingya situation and assessed the humanitarian needs of the refugees. UAE ambassador to Bangladesh Saed Mohammed Al Mheiri and deputy head of the mission of the UAE to Bangladesh Abdulla Ali Al Hmoudi and director general (UN) ministry of foreign affairs, Bangladesh Nahida Sobhan accompanied the UAE delegation during the visit. United Arab Emirates (UAE) state minister for international cooperation Reem Ebrahim Al Hashimy. Photo: UNBUnited Arab Emirates (UAE) state minister for international cooperation Reem Ebrahim Al Hashimy visited a Rohingya camp in Cox’s Bazar district on Friday and saw the situation on the ground, reports UNB. The UAE state minister will leave here on Saturday.center_img The UAE has extended its support to emergency food relief for Rohingya women and children in Bangladesh through the UNHCR, Sharjah Media Corporation (SMC), Médecins Sans Frontières (MSF), Big Heart Foundation, Hope Foundation, Kuwait Society for Relief, Khalifa Foundation and Red Crescent, UAE etc.  Hashimy, also the director general, Expo 2020 Dubai Bureau, met foreign minister AK Abdul Momen. She was accompanied by assistant minister of international cooperation Sultan AL Shamsi, office manager minister of state of international cooperation, UAE.last_img read more

The Paradise Papers Revelations Spring From Leaked Records Of Worlds Wealthy

The Paradise Papers Revelations Spring From Leaked Records Of Worlds Wealthy

first_img Share Brendan Smialowski/AFP/Getty ImagesU.S. Commerce Secretary Wilbur Ross has been named among the 120 rich and powerful people who are mentioned in the Paradise Papers, a new release of data about offshore tax havens and obscure financial dealings.U.S. Commerce Secretary Wilbur Ross, Britain’s Queen Elizabeth and a key ally to Canadian Prime Minister Justin Trudeau are among the 120 rich and powerful people who are mentioned in the Paradise Papers, a new release of data about offshore tax havens and obscure financial dealings.The Paradise Papers are a massive trove of 13.4 million records — many of which were leaked from the offshore law firm Appleby, which was founded more than 100 years ago and operates in places ranging from Bermuda and the Cayman Islands to the Isle of Man, Mauritius, Shanghai and Hong Kong.Reflecting millions of loan deals, financial statements, emails and other documents, the data reveals how specialty firms handle the money of wealthy individuals, families and corporations.Some 380 journalists collaborated to unravel the connections in the Paradise Papers’ nearly 1.5 terabytes of data. The trove was acquired by the German newspaper Süddeutsche Zeitung, which says the records show how the wealthy and powerful sometimes duck taxes, regulations, sanctions and “at least their social responsibility.”Wilbur Ross “was a major client of Appleby,” the ICIJ says, saying that the law firm administered more than 50 companies and partnerships linked to investments on behalf of his private equity firm, W.L. Ross & Co, LLC.“Ross divested himself of most of his business interests when he joined the Trump Cabinet in February 2017,” the group says. “But he kept a stake in the shipping company Navigator Holdings through a chain of companies in the Cayman Islands, Appleby’s files and public records show.”Discussing Ross’s Paradise Papers file with NPR’s Mary Louise Kelly, reporter Jon Swaine of The Guardian said Ross’ investments link him to Navigator — which is in turn linked to Russian President Vladimir Putin’s son-in-law.“Navigator is paid about $20 million a year to ship gas out of Russia for a Russian company named Sibur,” Swaine said on Morning Edition. “And Sibur is co-owned by Putin’s son-in-law, Kirill Shamalov.”In an interview with the BBC, Ross said on Monday, “There is nothing whatsoever improper about Navigator having a relationship with Sibur.”Ross said that Sibur wasn’t under sanctions when the deal was made, and that it’s not under sanctions now. But critics of the arrangement note that in addition to Shamalov, another of Sibur’s co-owners is Gennady Timchenko, a close Putin ally who is currently under U.S. sanctions.As for the money generated by the deal, Swaine says, “Navigator’s brought in about $68 million in revenue since 2014 from the deal. The contract is worth at least $200 million a year, and it’s scheduled to continue for about a decade.”Referring to Sibur, the commerce secretary said, “The fact that it happens to be called a Russian company does not mean that there’s any evil in it.”Referring to his financial disclosure form 278 that was filed with the U.S. Office of Government Ethics, Ross said, “Where there is evil is the misstatement that I did not disclose those holdings in my original form.”Another high-profile figure named in the papers is Queen Elizabeth, who reportedly had around 10 million pounds (some $13 million) of her money offshore, the BBC says. The queen’s investments included a previously undisclosed stake in a Cayman fund in control of a rent-to-own company called BrightHouse, which as the Guardian reports, has been criticized “for exploiting thousands of poor families and vulnerable people.”The Guardian notes that Elizabeth’s estate, the Duchy of Lancaster, says it was unaware of the holding prior to being contacted by news agencies. The ICIJ notes, “the queen voluntarily pays tax on income received.”Other notable names include tech giants Facebook and Twitter — which the news site Reveal says benefited from large investments that were indirectly made by “two Russian government-owned firms known as vehicles for the Kremlin’s politically sensitive dealings.”Those investments — reportedly $191 million, in the case of Twitter — were used to buy early stakes in Twitter and Facebook via the investment firm DST Global, according to Reveal, which adds that DST’s founder, Yuri Milner, and others made profits of more than $1 billion when it sold some holdings after the two social media giants took their stocks public.Those revelations come as Russia’s attempts to use social media to influence the 2016 U.S. election remains a hot topic. Both tech firms and members of President Trump’s inner circle have faced scrutiny; the Paradise Papers add to that conversation.“More recently, Milner invested $850,000 in Cadre, a real estate firm co-founded by Trump’s son-in-law and White House adviser, Jared Kushner,” the ICIJ reports.The ICIJ adds, “Milner is a Russian citizen who lives in Silicon Valley. His ties to Twitter, Facebook and Kushner’s firm have been previously disclosed. But his links to the Kremlin financial institutions weren’t known.”Many of the deals and documents cited in the Paradise Papers have to do with avoiding taxes — and that’s the focus of reports on Apple, the most valuable publicly traded company in the world.Recording billions in profits, Apple began to look for a new way to shelter itself from taxes after Ireland toughened its stance on international corporations in late 2013. That prompted Apple to make a plan with Appleby to use subsidiaries to park money in Jersey, a tax haven in the English Channel, according to the ICIJ.As The New York Times reports, “Apple has accumulated more than $128 billion in profits offshore, and probably much more, that is untaxed by the United States and hardly touched by any other country. Nearly all of that was generated over the past decade.”Another Trump Cabinet member, Secretary of State Rex Tillerson, is mentioned in the documents as a former director of a Bermuda company named Marib Upstream Services Co., which the ICIJ says was “created to conduct oil and gas operations” in Yemen. Tillerson reportedly served on Marib’s board for roughly a year, from 1997 to 1998.The report also highlights two Democrats who are not currently in government. Former Commerce Secretary Penny Pritzker is said to have transferred shares of two companies into a limited liability corporation that’s referred to as being “owned by trusts that are for the benefit of Penny Pritzker’s children,” the ICIJ says, citing Appleby documents. The move was made just after Pritzker was confirmed; the report says she later filed ethics paperwork in which the holdings were “simply listed as having been sold.”In a shorter entry, former presidential candidate Wesley Clark is mentioned for his ties to Amaya, an online gaming company that is now called the Stars Group.The Paradise Papers are the fruit of a new branch of the work that brought the Panama Papers to light in 2015 and 2016. Those leaked documents caused embarrassment among the elites in several countries, from the U.K. to the Ukraine; they also resulted in the prime ministers of Iceland and Pakistan leaving office.The leaked Appleby records that are at the heart of the Paradise Papers detail more ties to the U.S. than to any other nation, according to the ICIJ.“At least 31,000 of the individual and corporate clients included in Appleby’s records are U.S. citizens or have U.S. addresses, more than from any other country,” the ICIJ said in a statement about the release. “Appleby also counted clients from the United Kingdom, China and Canada among its biggest sources of business.”In Canada, the CBC reports that the names of more than 3,000 Canadian citizens, companies, and other entities appear in the Paradise Papers, including three former prime ministers: Brian Mulroney, Jean Chrétien and Paul Martin.Also mentioned is Stephen Bronfman, a key fundraiser for Prime Minister Justin Trudeau. Noting that Trudeau has mentioned tax fairness as a priority, the CBC says that Bronfman, a Seagram family heir, and his investment company, Claridge Inc., “were key players linked to a $60-million US offshore trust in the Cayman Islands that may have cost Canadians millions in unpaid taxes.”More revelations seem likely to come from the Paradise Papers — so far, we’re seeing only a sampling of the documents, as the stories that were launched by dozens of collaborating media outlets on Sunday reflect only the data’s highlights. A member of the ICIJ’s data team says the group will release “the full structured data from the Paradise Papers investigation in the coming weeks.”As for the timeline described in the leaked documents, the ICIJ says the records date back to 1950 and run forward to 2016.In response to the reports, Appleby released a statement saying in part, “The journalists do not allege, nor could they, that Appleby has done anything unlawful. There is no wrongdoing. It is a patchwork quilt of unrelated allegations with a clear political agenda and movement against offshore.”The law firm added, “We wish to reiterate that our firm was not the subject of a leak but of a serious criminal act. This was an illegal computer hack.”News of offshore accounts and tax havens has been grabbing headlines since it broke on Sunday. But the ICIJ warns against assuming the guilt of anyone mentioned in its reporting. Noting that there are “legitimate uses for offshore companies and trusts,” the group says, “We do not intend to suggest or imply that any people, companies or other entities included in the ICIJ Offshore Leaks Database have broken the law or otherwise acted improperly.”The International Consortium of Investigative Journalists was founded in 1997, as part of the Center for Public Integrity; it became an independent organization early in 2017.Copyright 2017 NPR. To see more, visit http://www.npr.org/.last_img read more

Travis Bubenik Shares Lessons From Covering Houstons Energy Industry

Travis Bubenik Shares Lessons From Covering Houstons Energy Industry

first_imgTexas Dancehall Preservation Inc./FacebookTravis Bubenik conducts an interview about preserving historic Texas dance halls. X Share Listen To embed this piece of audio in your site, please use this code:center_img Another News 88.7 reporter is moving on. Travis Bubenik has been covering energy and the environment for News 88.7 since 2017.For most of that time, he’s also been anchoring our newscasts each weekday afternoon.Travis is headed back to his beloved West Texas, where he’ll report on the legal system for Courthouse News Service.But, before he goes, he has to subject himself to the dreaded Houston Matters exit interview.In the audio above, he tells host Craig Cohen what stood out to him during his time in Houston, what he’ll be doing in his new gig, and why he loves West Texas. 00:00 /07:32last_img read more

UK Star Wars Battlefront II Physical Sales Down 60 Compared to Battle

first_imgStay on target It appears all the drama surrounding Star Wars: Battlefront II and its microtransactions are directly impacting its sales. U.K. sales figures show Star Wars: Battlefront II‘s physical sales are down 60% when compared to 2015’s Star Wars: Battlefront.Things came to a head early last week after a Star Wars: Battlefront II Reddit AMA went sideways. In the thread, EA attempted to justify the existence of loot boxes and the high price of in-game heroes like Darth Vader and Luke Skywalker. Trying to appease the masses, EA lowered the price of heroes by 75%. However, the damage had already been done. Folks’ outrage only intensified, leaving EA no choice but to temporarily remove all microtransactions from the game.As EuroGamer points out, 2015’s Star Wars: Battlefront was the biggest launch ever for a Star Wars game in the United Kingdom. The site also notes digital sales of Star Wars: Battlefront II were actually higher than those of Star Wars: Battlefront. However, U.K. numbers company Chart-Track doesn’t account for digital sales for its figures. Even if Star Wars: Battlefront II performed better digitally, its 60% physical sales drop is still rather telling.U.K. and North American gaming habits aren’t too dissimilar so it is possible the same fate will befall Star Wars: Battlefront II over on this side of the pond. I’m sure EA knows exactly how much the game has sold in North America, though it has yet to disclose those numbers. While the game’s maligned microtransactions have been removed, they will assuredly creep back in sooner rather than later. It’s possible for Battlefront II to rebound during the holidays, but it’s clear gamers’ dissatisfaction has cut the legs off what was projected to be one of the year’s biggest games. Hopefully, EA and other game publishers will learn from all of this moving forward. Let us know what you like about Geek by taking our survey.center_img EA Is Taking Another Crack at Single-Player Star Wars, Battlefront II6 Awesome Star Wars Video Games in Humble Bundle’s Huge May the 4th Sale last_img read more

Prime Day Steal Acer Helios 300 Gaming Laptop Just 999

Prime Day Steal Acer Helios 300 Gaming Laptop Just 999

first_imgAcer’s discounted Helios 300 gaming laptop is currently one of the three top trending products sold for Amazon Prime Day 2019.The e-commerce giant is offering a discount of $201 on the Acer Helios 300 gaming laptop (B07QXLFLXT), bringing the device below $1,000. With this 17% discount, you’ll have more money to potentially pick up Prime Day discounted peripherals for your new device such as a wireless mouse and headphones.MacBook Air vs MacBook Pro: Which 13-inch MacBook Is Right For You?Apple’s entry-level MacBook Air and Pro look pretty similar, but our testing proved they differ in crucial ways.Your Recommended PlaylistVolume 0%Press shift question mark to access a list of keyboard shortcutsKeyboard Shortcutsplay/pauseincrease volumedecrease volumeseek forwardsseek backwardstoggle captionstoggle fullscreenmute/unmuteseek to %SPACE↑↓→←cfm0-9接下来播放Which Cheap Tablet Is Best? Amazon Fire 7 vs Walmart Onn02:45关闭选项Automated Captions – en-USAutomated Captions – en-USAutomated Captions – en-US facebook twitter 发邮件 reddit 链接https://www.laptopmag.com/articles/prime-day-steal-acer-helios-300-gaming-laptop-just-999?jwsource=cl已复制直播00:0003:4603:46 Buy Acer Helios 300: was $1,199 now $999Packing an i7-9750H CPU, GTX 1660 Ti GPU and 16 GB of RAM into a body that measures 14.23 x 10.01 x 0.9 inches is a feat in itself. However, with AeroBlade 3D Fan Technology, this gaming laptop keeps performance high while dissipating heat like a pro.Act quickly, this deal only lasts through Prime Day, ending at 11:59 p.m. PT on Tuesday, July 16.Amazon Prime Day 2019: Best Deals and More by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeKelley Blue Book5 Mid-engine Corvettes That Weren’tKelley Blue BookUndoAncestryStart your journey with AncestryDNA®- now $59. Ends 8/26.AncestryUndoTODAYPolice Identify Girl Licking Ice Cream Tub In Viral VideoTODAYUndoMy Food and FamilyHealthy, Homemade Drunken Thai Noodles In Just 20 MinutesMy Food and FamilyUndoVerizon WirelessThis new phone will blow your mind.Verizon WirelessUndoMayo ClinicManaging psoriatic arthritis painMayo ClinicUndoAdvertisement Hunter Fenollol, Author Biocenter_img Hunter Fenollol is Laptop’s editorial intern, where he covers the latest industry news and products. With a public relations degree from Long Island University, Hunter worked as a publicity specialist for independent game companies prior to joining the team. When he’s not working, you can find Hunter catching some sun at the beach with friends, babysitting his two little sisters or playing the latest video games. Hunter Fenollol, onlast_img read more

So its come to this An unborn baby kidfluencer has 112000

So its come to this An unborn baby kidfluencer has 112000

first_imgSigh.Image: Tetiana Soares / gettyBy Jack Morse2019-03-02 01:31:25 UTC This is just getting ridiculous. As regular social media influencers vie for the title of most annoying, a new breed has emerged to expose the whole enterprise as a goofy charade. Or perhaps we should say not emerged, because, as exemplified by one so-called Instagram “kidfluencer” featured in a recent New York Times article, they’re not even born yet. That’s right, there’s literally an in-utero baby with a March due date that has more Instagram followers than you. One hundred and twelve thousand, to be exact. Say hello to Halston Blake Fisher, the soon-to-be scion of an influencer family that includes 2-year-old identical twins with more than 2 million followers on Instagram. Kyler Fisher, the twins’ father, told the Times that sponsored posts on his kids’ page cost between $10,000 and $20,000. A post announcing the incoming addition to the family, on a Halston-dedicated Instagram account, already has over 40,000 likes. Putting aside the obvious questions regarding infant privacy, just who exactly are these kidfluencers supposed to be kidfluencing? The Times article notes that brands like “Walmart, Staples and Mattel are bankrolling lucrative endorsements deals for toddlers,” but obviously other toddlers are not the target demographic here. Perhaps the answer can be found with two aging kidfluencers, Ava and Everleigh, both 6 years old. According to the New York Times, the two friends’ popular YouTube channel draws a very specific demographic: one between the ages of 25 and 44.Which, in the light of YouTube’s recent pedophilia scandal, raises a set of ethical questions entirely separate from those regarding basic privacy rights for children. But hey, the kids — even those not yet born — are getting followers, and, by extension, cash brand deals. And who’s going to let a squishy ethical quandary get in the way of that? Not kidfluencer parents, that’s who.last_img read more

When Ignorance Is Bliss

When Ignorance Is Bliss

first_imgA few months ago, out of curiosity, I took a genetic test to trace my ancestry. The results mostly confirmed what I had already suspected: I was a blend of Eastern European and Ashkenazi Jewish heritage. Then came an offer to see a medical analysis of my DNA — an opportunity to learn about the bits of my genome that increase my risk of developing disease. Again, I was curious, but as I started ticking a series of boxes informing me that I could discover something upsetting, I suddenly thought to myself, “You know what? Never mind. I don’t have to know this.”This decision was out of character. I always want to know things, preferably as soon as possible. After a job interview, I constantly refresh my inbox, impatient to hear back. But finding out if I get the gig sooner rather than just a few hours later changes very little.Knowing my genetic risks and ways to mitigate them, however, is potentially life changing. So why was I so content to stay in the dark? As a neuroscience grad student, I decided to do a little digging to learn how humans can be so curious, yet simultaneously harbor such a love of ignorance.The Story of DopamineAs I searched through the science, it became clear that our desire to know things — or not — is closely tied with dopamine, the chemical messenger of the brain’s reward centers.For decades, researchers have known that dopamine-releasing brain cells become highly active when we expect a reward or when we encounter rewards that are better than we anticipate. For example, if you assume you’ll do well on a test but unexpectedly ace it, your dopamine levels will spike. This spike compels us to repeat the same behavior or return to the same environment in search of more. But more recently, scientists discovered that dopamine cells don’t just care about tangible rewards. They also seem to care about information, even if it’s useless.The key study came in 2009. Scientists at the National Institutes of Health trained monkeys to look at a screen in exchange for drops of water. Next, the monkeys got to choose between looking at a meaningless image or one that revealed the size of their next water drop. Getting this heads-up didn’t influence whether or not they got water, but the monkeys still heavily preferred the hint over ignorance. What’s more, dopamine-releasing neurons that buzzed with activity in the buildup to getting water also fired up when the monkeys were waiting to learn how big their next drop would be.This discovery points to a fascinating possibility: The brain’s dopamine system treats the chance to obtain a reward and the chance to gain information as equally exciting. This might offer a clue as to why we often “just want to know.”In the next few years, researchers observed something similar in humans. In studies where people anticipated information that would resolve a puzzle or trivia question, their dopamine hubs lit up, just as the monkeys’ had. More recently, in 2018, researchers at the University of Melbourne discovered a parallel between how the brain reacts when we’re anticipating both rewards and information, and how it reacts when those things fail to live up to our expectations.Their study, published in the journal Scientific Reports, recorded the electrical activity of 22 participants’ brains while they played a series of lottery games involving cards. Players had two options: remain ignorant of the lottery results until the end, or pay a fee, deducted from any winnings, to learn the outcome in advance. No matter their decision, players saw five cards, revealed one by one to be either black or red. For players who chose not to know the lottery outcome ahead of time, these cards didn’t matter. But for those who did want the scoop, a black majority signaled an upcoming win. Whenever participants saw a red card revealed, indicating they could be on their way to a loss, their brains produced a specific electrical signal. But it wasn’t the only time this signal showed up.Sometimes, a card — either red or black — that made the outcome less certain would be revealed to a player who’d opted to learn the results in advance. Interestingly, when this happened, that same electrical signal showed up, regardless of the card’s color. Apparently, when the promise of obtaining useful information is denied, the brain reacts as if it missed out on an actual reward.The Thrill in KnowingPractically speaking, this neurochemical entanglement might explain why I often want to know things just out of curiosity. If both tangible rewards and information can be cashed in for a dopamine rush, then both have legitimate crave-worthy value. Now I wonder if my paying for my technically useless ancestry report is part of a drawn-out chase for a hit of dopamine. Accepting that my brain really does value information as much as it does physical rewards, that brings me to my next question: Why?The research of Marco Vasconcelos, an animal behaviorist at Portugal’s University of Aveiro, gives me some insight. In a 2015 study on starlings, he describes how he gave the birds a choice between pecking two buttons. One button immediately informed them about whether they were about to be rewarded; the second provided no information but resulted in a higher chance of rewards. Shockingly, the starlings heavily preferred the informative, lower-reward button.To Vasconcelos, this makes perfect evolutionary sense. “If uncertainty is not eliminated as soon as possible,” he explains, “an animal may [pursue prey that has] a reasonable probability of escaping.”Similarly, we may actively avoid being uncertain about the future so we don’t waste time on fruitless pursuits — something that might have meant going hungry back when resources were scarce. This drive could have hard-wired our brains to constantly seek information. On a subjective level, this idea makes sense: I definitely hate uncertainty.A Fear of the UnknownStill, this doesn’t mesh with my choice to avoid seeing the medical analysis of my genome. How to explain that choice? Researchers at University College London and Washington University in St. Louis published a paper that helped me better understand.In their study, published in 2018 in the Proceedings of the National Academy of Sciences, the team set up a lottery scenario where participants had no control over the outcome. Players went through multiple rounds where they could either win or lose money at random and collect their total earnings at the end. But at the start of each round, they saw their odds, framed as a percentage chance either of winning or of losing on that turn. Once they knew the odds, players could then give their preference for learning the round’s outcome. Crucially, though, they knew their choice wouldn’t affect their total earnings. All the while, the researchers tracked the players’ brain activity.The team found that, when probabilities were framed as chances of winning, people were much more likely to choose to be informed. And on those occasions, their reward circuits were highly active. But when probabilities were framed as a potential loss — even when the odds of winning and losing were the same — fewer people chose to be informed. And their brains reflected this paradoxical behavior with lower levels of activity in brain areas that pump out dopamine.It seems that the biological equation information = reward comes with a serious caveat. “Our brains treat positive information as a reward to be approached, but negative information … more as a punishment to be avoided,” says Caroline Charpentier, the study’s lead author.When I ask her why we evade negative information, she argues that it comes down to the value of beliefs. “When we have positive beliefs about what’s about to happen to us — we are about to get a salary raise — we feel good,” she says. “Meanwhile, if we have negative beliefs — we are about to receive negative feedback on an assignment — we feel bad.” So avoiding potentially negative information not only helps us reduce the uncertainty in our lives, it can help us try to keep our positive beliefs intact.When I look back on my decision to remain ignorant of my genetic risks, I wonder if it was the potential of learning some bad medical news that trumped my usual frustration with uncertainty. After all, my years of studying the brain have made me all too aware of how untreatable many neurological conditions really are.Ultimately, I agreed with my brain’s reasoning: Maybe it’s better not to know.last_img read more

Ubuntu has decided to drop i386 32bit architecture from Ubuntu 1910 onwards

first_imgUpdate: Five days after the announcement of dropping the i386 structure, Steve Langasek has now changed his stance. Yesterday, 23rd June, Langasek apologised to his users and said that this is not the case. He now claims that Ubuntu is only dropping the updates to the i386 libraries, and it will be frozen at the 18.04 LTS versions. He also mentioned that they are planning to have i386 applications including games, for versions of Ubuntu later than 19.10. This update comes after Valve Linux developer Pierre-Loup Griffais tweeted on 21st June that Steam will not support Ubuntu 19.10 and its future releases. He also recommended its users the same. Griffais has stated that are planning to switch to a different distribution and are evaluating ways to minimize breakage for their users. Between all the uncertainties of i386, Wine developers have also raised their concern because many 64-bit Windows applications still use a 32-bit installer, or some 32-bit components. Rosanne DiMesio, one of the admins in Wine’s Applications Database (AppDB) and Wiki, has said in a mail archive that there are many possibilities, such as building a pure 64 bit Wine packages for Ubuntu. Yesterday the Ubuntu engineering team announced their decision to discontinue i386 (32-bit) as an architecture, from Ubuntu 19.10 onwards. In a post to the Ubuntu Developer Mailing List, Canonical’s Steve Langasek explains that “i386 will not be included as an architecture for the 19.10 release, and we will shortly begin the process of disabling it for the eoan series across Ubuntu infrastructure.” Langasek also mentions that the specific distributions of builds, packages or distributes of the 32-bit software, libraries or tools will no longer work on the newer versions of Ubuntu. He also mentions that the Ubuntu team will be working on the 32-bit support, over the course of the 19.10 development cycle. The topic of dropping i386 systems has been in discussion among the Ubuntu developer community, since last year. One of the mails in the archive, mentions that “Less and less non-amd64-compatible i386 hardware is available for consumers to buy today from anything but computer parts recycling centers. The last of these machines were manufactured over a decade ago, and support from an increasing number of upstream projects has ended.” Earlier this year, Langasek stated in one of his mail archives that running a 32-bit i386 kernel on the recent 64-bit Intel chips had a risk of weaker security than using a 64-bit kernel. Also the usage of i386 has reduced broadly in the ecosystem, and hence it is “increasingly going to be a challenge to keep software in the Ubuntu archive buildable for this target”, he adds. Langasek also informed users that the automated upgrades to 18.10 are disabled on i386. This has been done to enable users of i386 to stay on the LTS, as it will be supported until 2023. This will help users to not be stranded on a non-LTS release, which will be supported only until early 2021. The general reaction to this news has been negative. Users have expressed outrage on the discontinuity of i386 architecture. A user on Reddit says that “Dropping support for 32-bit hosts is understandable. Dropping support for 32 bit packages is not. Why go out of your way to screw over your users?” Another user comments, “I really truly don’t get it. I’ve been using ubuntu at least since 5.04 and I’m flabbergasted how dumb and out of sense of reality they have acted since the beginning, considering how big of a headstart they had compared to everyone else. Whether it’s mir, gnome3, unity, wayland and whatever else that escapes my memory this given moment, they’ve shot themselves in the foot over and over again.” On Hacker News, a user commented “I have a 64-bit machine but I’m running 32-bit Debian because there’s no good upgrade path, and I really don’t want to reinstall because that would take months to get everything set up again. I’m running Debian not Ubuntu, but the absolute minimum they owe their users is an automatic upgrade path.” Few think that this step was needed, for the sake of riddance. Another Redditor adds,  “From a developer point of view, I say good riddance. I understand there is plenty of popular 32-bit software still being used in the wild, but each step closer to obsoleting 32-bit is one step in the right direction in my honest opinion.” Read Next Xubuntu 19.04 releases with latest Xfce package releases, new wallpapers and more Ubuntu 19.04 Disco Dingo Beta releases with support for Linux 5.0 and GNOME 3.32 Chromium blacklists nouveau graphics device driver for Linux and Ubuntu userslast_img read more

China Venezuela discuss energy social development deals

China Venezuela discuss energy social development deals

first_imgCARACAS, Venezuela – Chinese Foreign Minister Wang Yi, on a tour of Latin America, met his Venezuelan counterpart Elías Jaua on Monday to discuss boosting cooperation in a range of areas including energy.The diplomats also talked about enhancing collaboration on industrial development, as well as education, housing and cultural matters, the Venezuelan Foreign Ministry said.Beijing is an important source of investment capital for Venezuela, which sits atop the world’s largest proven crude oil reserves.In September, China pledged to invest more than $20 billion in Venezuelan oil and social cooperation when President Nicolás Maduro paid his first visit to Beijing.China and Venezuela had trade worth more than $20 billion in 2012.Wang, who was due to meet later with Maduro, an elected socialist, voiced support for political dialogue aimed at ending more than than two months of opposition protests against widespread shortages, hyperinflation and the repression of demonstrators.“We trust in the ability and intelligence of the Venezuelan people to settle independently and on their own, the current problems,” Wang said, describing the countries as “friends … who understand and support 21st century socialism.”At least 41 people have been killed since a wave of demonstrations against Maduro’s government broke out in early February.Maduro, the hand-picked successor to the late leftist icon Hugo Chávez, was narrowly elected to office in a controversial election one year ago.A former bus driver and union leader and the self-proclaimed political “son” of Chávez, Maduro was sworn in on April 19, 2013, pledging to carry on his mentor’s socialist legacy.The top Chinese diplomat arrived in Caracas from his first stop in the region, Cuba.China is Cuba’s number two economic partner after Venezuela and is a critical source of financing for the Americas’ only Communist-run nation, which is cash-strapped and cannot get financing from most lenders.After his Venezuelan visit, Wang was to head to Argentina and Brazil, the latter being South America’s industrial, farm and financial giant. Facebook Comments Related posts:Panel warns of Central America’s increasing dependence on Petrocaribe Costa Rica, China to explore creation of ‘special economic zones’ Cúcuta: Colombia’s city of contraband and a broken Bolivarian dream Former Colombian, Bolivian leaders warn of looming humanitarian crisis in Venezuelalast_img read more