first_img ECB QE pushes S&P 500 into positive for the year Show Comments ▼ whatsapp Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe Wrap’Drake & Josh’ Star Drake Bell Arrested in Ohio on Attempted ChildThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe WrapKatt Williams Explains Why He Believes There ‘Is No Cancel Culture’ inThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The Wrap’Black Widow’ First Reactions: ‘This Is Like the MCU’s Bond Movie’The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe Wrap Draghi’s decision to unleash his biggest “bazooka” has helped push the S&P 500 into positive for this year.The US blue-chip index erased its losses for the year jumping 1.6% to 2,063.98 points in a late-afternoon rally on Thursday. Meanwhile, the Nasdaq also erased its losses for the year, rising 1.8 per cent to 4,750.62 points. The S&P 500 suffered at this start of this year as investors sold off energy and financial stocks, dragging the index below 2,000 points.But earlier today the European Central Bank revealed a €60bn-a-month quantitative easing programme, which it hopes will drive growth and boost paltry inflation rates in the Eurozone.Eurozone investors cheered bond-buying package, which beat market expectations, and the Euro Stoxx 600 closed up 1.66 per cent at 364 points. The Euro fell to a new 11-year low against the dollar. Jessica Morris Share Thursday 22 January 2015 3:36 pm whatsapp Tags: Mario Draghi People Quantitative easing Standard & Poor’slast_img read more

first_img As development schemes go, the SkyBridge Arizona plan is ambitious, soaring as much on hopes from high-up, as on recent growth in traffic flows.SkyBridge has the support of the Arizona state government, which has welcomed the prospect of 17,000 jobs generated by an 800,000 sq ft air cargo complex that should spawn light industrial and other commercial activities in its wake, on a 360-acre site.The $230m scheme is based on the imminent establishment of a joint US-Mexican customs facility at Phoenix-Mesa Airport to expedite customs clearance, the first of its kind, according to SkyBridge. The venture’s management expects this to produce lively cargo activity that could grow to as many as 10,000 annual flights by 2036.Currently, Phoenix-Mesa has some passenger services by low-cost carrier Allegiant Air. By Ian Putzger 25/01/2018 The projections have raised some eyebrows.“You’ve got to have lift to places where the cargo is going. Otherwise people may just as well truck to Los Angeles,” said Ray Brimble, CEO of aviation property developer Lynxs.He recalled efforts elsewhere to establish an air cargo gateway by building up charters that did not succeed: “You need scheduled service,” he said.The concept of a joint US-Mexican customs installation has also found resonance in Southern California.In September, US Customs and Border Protection announced it was looking to establish a pilot programme at Otay Mesa, south of San Diego, for companies that are listed in the Free And Secure Trade clearance programme for low-risk shipments entering the US from its NAFTA neighbours.Supporters of these plans point to strong growth in traffic across the US-Mexico border. According to SkyBridge, airfreight volumes between Arizona and Mexico grew 30% a year between 2011 and 2015, faster than any other mode of transport.And rhetoric emanating from the White House has not dented this momentum. Operators reported that business had increased last year and shows no signs of slowing down.“In December we did as much per day as we would in an average week out of LA. The airport was backed up,” said Mike Gamel, chairman and head of sales & marketing of Mexpress, which runs trucks between US and Mexican airports.“We haven’t seen a slowdown at all. I’m surprised by the amount of enquiries and quotes we’re getting.”Northbound flows have been particularly strong. Traditionally, southbound traffic was larger, but this changed over the last two years, Mr Gamel said.Automotive traffic makes up the largest chunk of this traffic. Mexico is now the seventh-largest car producer on the planet, and about 80% of its production is destined for the US market, according to Drewry.Intercontinental flows have also maintained their upward momentum. Shawn McWhorter, president for the Americas at Nippon Cargo Airlines, said demand out of Mexico had remained strong. NCA serves the market chiefly out of Dallas/Fort Worth.Gunnar Löhr, head of region South America at Lufthansa Cargo, added: “Mexico has seen a lot of growth in capacity.”One of the more recent entrants was CargoLogicAir, which started operations last summer with twice-weekly 747-400F flights from its London Stansted base via Atlanta to Mexico City.Mexpress expanded its RFS activities last year with service to Philadelphia and Oakland. Previously all its trucks served either Los Angeles or Dallas/Ft Worth.In Mexico the company runs an LTL service to four major airports and full truck service to ten other airports. Some of these, like Leon or Aguas Caliente, lack facilities to handle air cargo, so the alternative for shippers and forwarders would be to truck their freight to Mexico City or Guadalajara, Mr Gamel said.His company’s success is a reflection of the bureaucratic hurdles that still bog down cross-border traffic. Mexpress has special dispensation to truck cargo in bond across the border, which allows it to perform clearance at the airports, avoiding the lengthy delays at the frontier. It offers transit times of 48 hours from Los Angeles to Guadalajara and from Dallas/Fort Worth to Mexico City, which is faster than flying cargo to the Mexican capital’s notoriously congested and slow airport, according to Mr Gamel.If the US administration were to tear up the NAFTA treaty, the hurdles would be yet more formidable, logistics firms as well as executives from other industries, such as the US Fashion Industry Association, have warned.Mr Gamel is optimistic that NAFTA will remain in place, arguing that too much is at stake for US businesses.The agreement has been a massive boost to trade flows between the two countries. In 2016, goods worth $294.2bn moved from Mexico into the US, up 637% from 1993, the year before NAFTA came into existence. In the opposite direction, traffic grew 445% to reach $231bn last year.Still, there are indications that some people are eyeing a plan B. This month, Chrysler announced a $2.5bn investment in Warren, Michigan, where it intends to shift some pick-up truck production from Mexico.The Mexican government has recently stepped up talks with the European Union about further facilitation of trade as well as aviation.The SkyBridge Arizona enterprise and its supporters’ development horizon is comfortably beyond the duration of the incumbent US government. The build-out plan for the project extends to 2036.But at this point, Phoenix-Mesa is not equipped to handle trucks.“They don’t have a truck dock at the airport. They need to build that first,” advised Mr Gamel.center_img © Rexwholster last_img read more

first_img‘I miss you:’ JFK’s letters to Swedish lover go up for auction May 7, 2021 AdvertisementDC Young Fly knocks out heckler (video) – Rolling OutRead more6 comments’Mortal Kombat’ Exceeded Expectations Says WarnerMedia ExecutiveRead more2 commentsDo You Remember Bob’s Big Boy?Read more1 commentsKISS Front Man Paul Stanley Reveals This Is The End Of KISS As A Touring Band, For RealRead more1 comments World’s most famous equation goes up for auction May 15, 2021 AdvertisementBrady earned his seventh Super Bowl win earlier this year when the Tampa Bay Buccaneers beat the Kansas City Chiefs. Derek Jeter sells Florida mansion Tom Brady has been renting May 18, 2021 AdvertisementRecommended ArticlesBrie Larson Reportedly Replacing Robert Downey Jr. As The Face Of The MCURead more81 commentsGal Gadot Reportedly Being Recast As Wonder Woman For The FlashRead more29 comments AdvertisementTags: auctionrookie cardTOm Bradycenter_img NEW YORK (AP) – A Tom Brady rookie football card has sold for $2.25 million at an online auction.The card was signed by the GOAT through online sports auction house Lelands, breaking a football card price record that was previously held by Brady, reported the Associated Press.Another one of his rookie cards sold for $1.32 million on PWCC Marketplace last month.“Tom Brady continues to shatter records both on and off the football field,” Lelands President Mike Heffner said in a statement. Advertisement Tom Brady in recovery from knee surgery ahead of June minicamp April 20, 2021 RELATEDTOPICS Advertisementlast_img read more

first_imgAn armed Chinese soldier guards Quanhe Customs in Hunchun City, Jilin Province Image: Unification Media Group News By Daily NK – 2017.05.01 5:54pm Facebook Twitter [Photos] Regional tensions palpable on Sino-North Korea border Armed Chinese soldiers taking photos of each passport. They appear to be carrying the QBZ-95 assault rifle Image: Unification Media Group North Korea Market Price Update: June 8, 2021 (Rice and USD Exchange Rate Only) News News RELATED ARTICLESMORE FROM AUTHORcenter_img The Chinese soldiers ordered the team to get back in the vehicle after the extended inspection of baggage and devices revealed nothing. If something suspicious had been found during the first inspection at the guard post, the UMG team would likely have been handed over to the office of public security or the closest police station in the vicinity. Considering the fact that the soldiers took photos of everyone’s passport but did not run a background check on the Chinese local guide, the incident suggests that China is strengthening its border security with a particular emphasis on foreigners.The local guide for UMG said, “This region was originally under frequent inspections, but this is the first time that soldiers have checked inside the vehicles and tenaciously asked questions to verify identities. It was a vivid first-hand experience of the strengthened border control, reflecting the tense international political situation.”The situation was similar at Quanhe Customs in Hunchun City, Jilin Province, which is connected to North Korea by the Tumen River bridge. The soldiers were on alert as soon as the UMG team approached the main entrance. The team was repeatedly instructed to turn off their cameras, and managed to later hold a conversation with their hired driver with some difficulty, although the driver kept telling the team that he is new to the region and did not know anything about it.Media reports of rising anti-South Korea sentiment in China due to the installation of THAAD coupled with unconfirmed claims by China’s state-owned Global Times that the Chinese army has amassed 150,000 troops on the border with North Korea underscore the tense political situation in the region, and strengthened border inspections are likely to continue for the foreseeable future. AvatarDaily NKQuestions or comments about this article? Contact us at [email protected] Hamhung man arrested for corruption while working at a state-run department store SHARE Chinese soldiers check every vehicle approaching the border area between China and North Korea Image: Unification Media Group Unification Media Group’s special investigation team recently found themselves at a guard post near the road between the southern part of Tumen City, Jilin Province (China) and Namyang Workers’ District, Onsong County, North Hamgyong Province, where Chinese soldiers with walkie-talkies and rifles ordered them and other passersby to get out of their vehicles.The atmosphere reflects the political tension on the Korean Peninsula with the USS submarine Michigan entering the port of Busan and hints of North Korean preparations for a sixth nuclear test. This level of border control has never before been witnessed. The media team was covering news on North Korea’s human rights issues in Dandong, Liaoning Province near Sinuiju, North Pyongan Province and the areas of Yanji, Jilin Province, where many North Korean defectors are reportedly hiding.Unification Media Group’s (UMG) team was not expecting to be stopped at a checkpoint. When the soldiers abruptly started checking their passports and mobile phones, surprise quickly gave way to fear.The inspection was thorough. Although rumors had spread that Chinese public security officers and the military were inspecting every device with scrutiny, to be experiencing an inspection in real life was chilling. Fortunately, all relevant files on the UMG team’s devices were deleted only 10 minutes before the inspection.The Chinese soldiers collected the mobile phones of the reporting team and the local guide to thoroughly search for photos of North Korea. The soldiers even used the cameras themselves to check whether any suspicious content was present. News North Korea hikes “party contributions” Russia-based workers must pay by 30-55%last_img read more

first_img Toronto-based AGF Investments Inc. is recognizing financial advisors and financial planners whose leadership skills go beyond what they do when they have clients sitting across from them with the launch of the new AGF Community Coach of the Year award on Wednesday. Keywords AwardsCompanies AGF Management Ltd. Facebook LinkedIn Twitter Specifically, the award was created to recognize advisors and financial planners who volunteer their time to coach an amateur sports team and promote the ideals of dedication, sportsmanship and teamwork. “With this award, we want to recognize the value of advice on and off the field. We see advisors as personal financial coaches,” says Blake Goldring, chairman and CEO of AGF Management Ltd., in a statement. “Advisors are key to helping investors make a game plan to help them achieve their financial goals – whether it’s paying off debt, saving to buy a house and or building a retirement nest egg.” The award is being launched through the firm’s partnership with the Canadian Football League (CFL), which includes AGF’s sponsorship of the CFL’s Coach of the Year Award and a multimedia campaign that promotes the value of professional advice. AGF is also receiving some help from the CFL in getting the word out about the initiative. “The CFL is proud of its partnership with AGF, which recognizes leaders on our sidelines and in the community,” says Jeffrey Orridge, commissioner of the CFL, in a statement. “We encourage our fans to nominate financial advisors who build stronger portfolios by day, and better athletes and young people in their spare time, for this very special award.” In order to be eligible, advisors must be a legal resident of Canada and be registered with the Investment Industry Regulatory Organization of Canada, the Mutual Fund Dealers Association, the Financial Advisors Association of Canada (a.k.a Advocis), the Financial Planning Standards Council, Institut québécois de planification financière or Chambre de la sécurité financière. The winner’s prize includes a trip to Toronto for the 2016 Grey Cup weekend in November, courtesy of the CFL, and AGF will make a $5,000 donation, which is subject to certain conditions, to a registered charity of the winner’s choice. Full details regarding the rules and value of the prize are available through this link (http://www.agf.com/static/en/community-coach/official-rules.html). Nominators are asked to submit photos and/or videos of the coach they feel deserves the recognition in addition to an explanation as to how that individual has positively impacted their team and community. Nominations can be submitted at the AGF Community Coach of the Year Nomination web page. Photo copyright: flipp/123RF Share this article and your comments with peers on social media Related news Whistleblower, reporter receive anti-corruption prize Nominations open for two FP Canada awards Top Canadian hedge fund returns 16% over 10 years Tessie Sanci last_img read more

first_img Related news The Supreme Court of British Columbia has ordered an investment advisor to return client list information to his former firm, National Bank Financial Inc. (NBF), but the court denied the firm’s request for an injunction to prevent the solicitation of clients to switch firms.According to the court decision dated May 24, NBF sued one of its former Vancouver-based brokers, Dwight Cameron Mann, members of the Mann Group team, and his new firm, Canaccord Genuity Corp., in connection with the team’s move from NBF to Canaccord in April. Court approves data breach settlements with BMO, CIBC Judge gavel, scales of justice and law books in court flynt/123RF Keywords Switching firms,  LawsuitsCompanies National Bank Financial Bitcoin surge doesn’t affect damages, B.C. court says Share this article and your comments with peers on social media When the Mann Group moved from NBF, it served approximately 2,500 clients (1,200 families) with $725 million in assets under management (AUM).NBF sought an injunction restraining the defendants from “disclosing or making use of client information and/or soliciting the plaintiff’s clients,” the court decision stated, along with an order requiring the defendants to return all copies of information related to clients, among other things.The B.C. Supreme Court granted the order requiring the defendants to return certain client information to NBF, but denied the other orders sought by NBF.Ultimately, NBF “failed to demonstrate a strong prima facie case that the non-solicitation provisions it relies upon are enforceable,” the court stated.“In the context of clients being served by investment advisors who move firms, the interests of the clients must be put ahead of those of the firm,” the court added.The court indicated there also are public interest factors to consider in deciding whether to grant an injunction, including clients’ rights to work with whomever they want, and the right for employees to compete in their industry.“Brokerage houses do not ‘own’ their clients,” the court stated. “Clients should be free to receive information from all competitive sources and to have the ability to decide if they wish to follow their investment advisor to the new brokerage house or stay with the old one.”Additionally, the court found that the loss of the clients would not do irreparable harm to a firm as large as NBF.“The plaintiff employs over 2,700 people in 86 offices across Canada. It has assets under its management exceeding $400 billion. There is no evidence regarding the quantum of the fees the plaintiff earned from the Mann Group. It is likely that the overall financial impact of the loss of the clients managed by the Mann Group will be relatively small,” the court stated. James Langton Universal life policies can’t be used for unlimited deposits, appeal court rules Facebook LinkedIn Twitterlast_img read more

first_imgRelatedLawyers from the AG’s Chambers Win OAS Scholarships FacebookTwitterWhatsAppEmail The Attorney General’s Chambers today announced that Stacian Bennett and Marcel Bent, lawyers in the Chambers, have both received Professional Development Scholarships from the Organization of American States (the OAS). The scholarships will enable Ms. Bennett and Ms. Bent to pursue studies at the “XXXIV Course on International Law: Legal Aspects of Regional Development”, sponsored by the OAS, and to be held in Rio de Janeiro, Brazil, from July 30 to August 24, 2007.Ms. Bennett and Ms. Bent are Crown Counsel in the Attorney General’s Chambers. Ms. Bennett, who attended Immaculate Conception High School, holds an LL.B degree from the University of the West Indies and the Certificate of Legal Education from the Norman Manley Law School. She was called to the Jamaican Bar in 2000, and since joining the Chambers in 2001, has worked in the Litigation, General Legal Advice and International Divisions. Ms. Bennett is the Chairperson of the Protection Sub-Committee of the Government’s Committee on Human Trafficking.Ms. Bent attended Rusea’s High School, where she received the Seymour Panton Trophy for Academic Excellence. She holds degrees in History and Law from the University of the West Indies, the Certificate in Legal Education from the Norman Manley Law School, and a Masters degree in Human Rights Law from the University of Utrecht, the Netherlands, which she took in 2006. Ms. Bent was called to the Jamaican Bar in 2000; since joining the Attorney General’s Chambers in 2006, she has worked primarily on International Law and Human Rights matters.In congratulating Ms. Bennett and Ms. Bent on their selection by the Organization of American States, the Attorney General and Minister of Justice, A.J. Nicholson Q.C., noted that Jamaica has always sought to contribute to the work of this organization. “These scholarship awards, of which we are all very pleased, provide another example of the respect for Jamaican legal scholarship that exists in the wider region. I am confident that Stacian and Marcel will help to disseminate Jamaican perspectives on international legal and human rights issues, even as they learn from the views of others.”The OAS has awarded 26 scholarships for its Rio de Janeiro course on International Law, with all but 3 awards going to nationals of Latin American countries. RelatedLawyers from the AG’s Chambers Win OAS Scholarships RelatedLawyers from the AG’s Chambers Win OAS Scholarshipscenter_img Lawyers from the AG’s Chambers Win OAS Scholarships UncategorizedMay 29, 2007 Advertisementslast_img read more

first_imgRelatedExpansion of Inmate Work Programme Being Considered – PM Advertisements RelatedExpansion of Inmate Work Programme Being Considered – PM Expansion of Inmate Work Programme Being Considered – PM UncategorizedFebruary 3, 2008center_img FacebookTwitterWhatsAppEmail The Government is considering expanding the existing inmate work programme, which utilizes the labour of incarcerated persons, to carry out public works projects.Responding to a suggestion that inmates be utilized more in this regard, during his first one-hour radio call-in programme on Wednesday (January 30) from Jamaica House, Prime Minister, Bruce Golding disclosed that the matter had been recently discussed at a meeting of the National Security Council, which he attended.“Some work (pertaining to inmate labour) is being done already. I was told about a variety of projects that prison labour is being used on. But, I want to get them in the Sandy Gully, for example, to go and start cleaning out some of the pile up there. I (also) want to get them on our sidewalks, cleaning out drains.Naturally, we are going to have to consign this to those who are, for want of a better word, ‘controllable’ (as) we don’t want to take out high risk people, and risk them escaping and causing mayhem,” Mr. Golding outlined.The Prime Minister advised that consideration was being given to providing a stipend to inmates who performed their tasks well, which he said would be “put into a savings account for you (inmates) (to have) when you are released from prison.”He further said that, “we (can) even use that (inmate work programme) as a basis for reducing their (inmates) sentence. It’s something that we’re working on.”‘Jamaica House Live’ which is hosted by Mr. Golding, will be aired on the last Wednesday of each month, and carried live between 8:30 p.m. and 9:30 p.m. on RJR 94 FM, Nationwide Radio Digital AM; Love 101 FM; Hot 102; KLAS FM, and Roots FM. RelatedExpansion of Inmate Work Programme Being Considered – PMlast_img read more

first_imgRelatedHenry Wilson Calls for Campaign to Improve Literacy FacebookTwitterWhatsAppEmail Opposition Spokesperson on Education, Maxine Henry Wilson, has called for a national reading campaign to improve literacy among children.“There needs to be a national campaign for reading and in this the 60th year of the Jamaica Library Service, I think it would be an appropriate time, because without the reading, the literacy is not going to come, and the understanding for the numeracy, is not going to be there,” Mrs. Henry Wilson stated. She was making her contribution to the 2008/09 Sectoral Debate in the House of Representatives on May 27.Speaking to improvements in the performance of the education system, Mrs. Henry Wilson said despite the problems, there have been a number of interventions that have shown what measures will work. “It is time for us to consolidate all these various learning (projects) and to make sure that the transformation process takes forward the best examples of the best practices that have come out of these various projects, whether it is literacy, or numeracy,” she stated.She noted that over the last three years, there has been significant movement in the Grade Four achievement levels. “Last year, for example, we went up by 10 per cent, which means that it can be done, but it needs to be very systematic in the way in which it is done,” Mrs. Henry Wilson said.Turning to the issue of numeracy, she added that “we need to teach how to teach Math, that is really what the challenge is.we really have to have a national campaign about the teaching of Math”. RelatedHenry Wilson Calls for Campaign to Improve Literacy Advertisementscenter_img Henry Wilson Calls for Campaign to Improve Literacy UncategorizedMay 30, 2008 RelatedHenry Wilson Calls for Campaign to Improve Literacylast_img read more

first_imgTunnel investigations progress to second phase The Marshall Liberal Government will continue early works for the final 10.5 kilometre stretch of the North-South Corridor with procurement to commence on the second and final phase of technical investigations.The hybrid+ option will transform the 10.5 kilometre stretch between River Torrens to Darlington over the next decade, creating up to 4,000 jobs.Due to its location, ground conditions, unique heritage assets and social character, the final section of the corridor is the most complex piece of the puzzle to deliver and will include a combination of tunnels and surface-level motorway.Phase One investigation works began in August 2020 and are due for completion by the end of February 2021. Phase One examined approximately 200 locations along the 10.5 kilometre corridor.Procurement for Phase Two ground investigations will also begin this month and will focus on approximately 200 locations on the southern section of the project alignment between Anzac Highway and Darlington.Minister for Infrastructure and Transport, Corey Wingard, said the investigations form an important part of the project.“The final stage of this project is hugely complex and it is important we undertake these investigations to inform the planning process,” Minister Wingard said.“When Phase One is complete, experts would have drilled approximately 5.5 kilometres – roughly the distance from the CBD to the airport.“Some of this data has never previously been obtained in metropolitan Adelaide and will benefit the state for years to come.“This second phase will focus on the southern section of the alignment and will help to inform the reference design.“It is important to note the locations chosen have been selected to build a comprehensive corridor-wide ground model and do not necessarily correspond to areas that will be impacted by the project in the final design.”The scope of works for Phase Two include:Geotechnical investigations including borehole drilling, standard penetration testing (SPT), laboratory testing and cone penetration testing (CPT)Ground water investigations, monitoring well installation, soil and groundwater sampling and testingHydrogeological investigation including installation of monitoring bores and production bores.Phase Two ground investigations are expected to begin in April and will be completed by the end of 2021, weather permitting.More information about the procurement can be found at Tenders SA.The Australian and South Australian governments have committed $5.4 billion towards delivering the T2D Project. /Public News. This material comes from the originating organization and may be of a point-in-time nature, edited for clarity, style and length. Why?Well, unlike many news organisations, we have no sponsors, no corporate or ideological interests. We don’t put up a paywall – we believe in free access to information of public interest. Media ownership in Australia is one of the most concentrated in the world (Learn more). Since the trend of consolidation is and has historically been upward, fewer and fewer individuals or organizations control increasing shares of the mass media in our country. According to independent assessment, about 98% of the media sector is held by three conglomerates. This tendency is not only totally unacceptable, but also to a degree frightening). Learn more hereWe endeavour to provide the community with real-time access to true unfiltered news firsthand from primary sources. It is a bumpy road with all sorties of difficulties. We can only achieve this goal together. Our website is open to any citizen journalists and organizations who want to contribute, publish high-quality insights or send media releases to improve public access to impartial information. You and we have the right to know, learn, read, hear what and how we deem appropriate.Your support is greatly appreciated. All donations are kept completely private and confidential.Thank you in advance!Tags:Adelaide, airport, AusPol, Australia, Australian, Australian Government, Darlington, Government, groundwater, infrastructure, investigation, Minister, production, SA, SA Government, South Australia, testing, Transportlast_img read more