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US gets tougher on Russia new sanctions accusations

first_imgWASHINGTON – In its toughest challenge to Russia to date, the Trump administration accused Moscow on Thursday of an elaborate plot to penetrate America’s electric grid, factories, water supply and even air travel through cyber hacking. The U.S. also hit targeted Russians with sanctions for alleged election meddling for the first time since President Donald Trump took office.The list of Russians being punished includes all 13 indicted last month by special counsel Robert Mueller, a tacit acknowledgement by the administration that at least some of Mueller’s Russia-related probe has merit.Trump has repeatedly sought to discredit Mueller’s investigation into Russian interference in the presidential election, but the sanctions appeared to rely on the special counsel’s legal conclusions in deciding who should be named. The sanctions freeze any assets the individuals may have in U.S. jurisdictions and bar Americans from doing business with them.The named Russians — 19 in all — are unlikely to have any assets in the United States that would be covered, making the move largely symbolic. But it could help inoculate the president from persistent claims he’s afraid or unwilling to stand up to Russian President Vladimir Putin or to fight back against efforts to undermine America’s democracy and domestic affairs.“We’re going to be tough on Russia until they decide to change their behaviour,” said White House spokeswoman Sarah Huckabee Sanders. At the same time, she left open the possibility of better U.S.-Russia co-operation, arguing that “if we can work together to combat world threats on things like North Korea, then we should.”U.S. national security officials said the FBI, Department of Homeland Security and intelligence agencies determined Russian intelligence and others were behind a broad range of cyberattacks starting a year ago. Russian hackers infiltrated the networks that run the basic services an Americans rely on each day: nuclear, water and manufacturing facilities like factories.The officials said the hackers chose their targets methodically, obtained access to computer systems, conducted “network reconnaissance” and then attempted to cover their tracks by deleting evidence of the intrusions. The U.S. government has helped the industries expel the Russians from all systems known to have been penetrated, but additional breaches could be discovered, said the officials, who briefed reporters on condition of anonymity to discuss sensitive national security information.The officials described Russia’s operation as ongoing.The U.S. accusations and accompanying sanctions mark a stepped-up attempt by Trump’s administration to show it’s adequately confronting Russia over hacking, election meddling and general efforts to compromise Western democracies and infrastructure. Trump on Thursday also joined the leaders of Britain, France and Germany in blaming Moscow for the poisoning of an ex-Russian spy who was living in England.The sanctions prompted a swift threat of retaliation from Russia’s government, which said a response was already being prepared. Deputy Foreign Minister Sergei Ryabkov suggested the Trump administration had timed the action to taint this weekend’s presidential election in Russia, in which President Vladimir Putin is expected to win an overwhelming victory.“It is tied to U.S. internal disorder, tied of course to our electoral calendar,” Ryabkov was quoted as saying by the Russian state news agency Tass.Altogether, 19 Russians were cited. Also sanctioned were five Russian companies, including the Internet Research Agency, which is accused of orchestrating a mass online disinformation campaign to affect the U.S. presidential election result.The U.S. Treasury Department announced the sanctions amid withering criticism in the U.S. accusing Trump and his administration of failing to use its congressionally mandated authority to punish Russia. The sanction targets include officials working for the Russian military intelligence agency GRU.The sanctions are the first use of the new powers that Congress passed last year to punish Moscow for interfering in the election that Trump won over Democrat Hillary Clinton.Yet Russia hawks in Congress deemed it too little, too late.“Even more must be done,” said Republican Sen. Lindsey Graham of South Carolina. GOP Sen. John McCain of Arizona called the action “overdue.”And Democrats homed in on the fact that the list of Russians hit with sanctions included all of those indicted by Mueller. That shows the administration believes the investigation is legitimate, they argued.Senate Democratic leader Chuck Schumer of New York said the sanctions prove that Mueller’s “investigation is not a ‘witch hunt’ as the president and his allies have claimed.” He said, “It’s more clear than ever that the president must not interfere with the special counsel’s investigation in any way.”The Treasury Department said the GRU and Russia’s military both interfered in the 2016 election and were “directly responsible” for the NotPetya cyberattack that hit businesses across Europe in June 2017, causing billions of dollars in damage by disrupting global shipping, trade and medicine production. Treasury said that the attack caused several U.S. hospitals to be unable to create electronic medical records for more than a week.Among those affected were Yevgeny Prigozhin, who is known as “Putin’s chef” and who ran the St. Petersburg-based Internet Research Agency, and 12 of the agency’s employees. They were included in Mueller’s indictment last month.The Russian agency “tampered with, altered or caused a misappropriation of information with the purpose or effect of interfering with or undermining election processes and institutions,” specifically the 2016 U.S. presidential race, the U.S. said.___Reach Matthew Lee on Twitter at http://twitter.com/APDiploWriter and Josh Lederman at http://twitter.com/joshledermanAPlast_img read more

Funds in KMC fixed deposit to be spent on providing amenities

first_imgKolkata: Mayor Firhad Hakim reiterated on Monday that funds in the fixed deposit of the civic body will be utilised only for development work and civic amenities and any wastage of such funds will not be tolerated.Replying to a query from Congress councillor Prakash Upadhyay regarding the existing amount in the fixed deposit of the Kolkata Municipal Corporation (KMC) at the monthly meeting, Hakim said: “We have an amount of Rs 17.10 crore till February 2018. The funds in the fixed deposit, whether it is more or less, does not matter. What matters most is offering services and civic amenities to the people. Since the Trinamool Congress took over the board of the KMC in 2010, it has provided civic amenities in the form of potable drinking water, lights, development of slums, an overhaul of the drainage system, scientific plan for solid waste management etc.” According to Hakim, when Subrata Mukherjee of the TMC ended his term as the Mayor in 2005, the amount of fixed deposit stood at Rs 377.16 crore. When Bikash Bhattacharya of the Left Front board took over as Mayor, he sold a number of plots of land and the fixed deposit went up to Rs 721.25 crore. Hakim further informed that when Bhattacharya’s term as Mayor ended in 2010, he left Rs 588. 67 crore in the fixed deposit of the KMC. “The revenue earning is a part our job but our main aim is to ensure that the citizens get the best of amenities,” he maintained. The Mayor further said that the KMC has set a target of three years to ensure the supply of potable drinking water to every single pocket in the city. “There are problems in certain pockets, particularly in the added areas in the southern part, and we are taking all possible measures to augment water supply. The capacity of the Garden Reach Waterways is being raised by 25 million gallon and we are also constructing small booster pumping stations in these areas to boost water supply,” he added.last_img read more

The Spurs Noticed Serge Ibaka Wasnt on the Court

In the run up to Game 1 of the Western Conference Finals between the Oklahoma City Thunder and San Antonio Spurs, the Serge Ibaka story dominated the series. Ibaka injured his calf in the final game of the Thunder’s series against the Clippers and isn’t expected to return, leaving the Thunder without their starting power forward. It was clear how that might become a problem for the Thunder; Ibaka was one of the most active and effective rim defenders this season, according to the NBA’s SportVU Player Tracking. He defended an average of 9.5 shots at the rim per game (defined as any shot attempt where he was within 5 feet of both the basket and the shooter), seventh most in the league, and held opponents to 43.9 percent shooting on those attempts, sixth lowest among players who defended at least five shots at the rim per game.Without Ibaka on the floor, the Spurs partied down low Monday night, making 67 percent of their shots in the paint, 33 of 49 overall. With Ibaka healthy, the Thunder’s playoff opponents had made only 51 percent of their inside shots.Scott Brooks, Oklahoma City’s coach, decided to go small for much of Game 1, playing Kevin Durant at power forward and entirely neglecting a big lineup that had been instrumental in helping close out the Clippers. According to SportVU, the Thunder defended 34 shots at the rim Monday night, just a touch under the 35.1 they’ve been averaging in the playoffs. But far fewer of those shots were defended by front-court players — the tall guys.Thunder Defense at the RimDurant, Russell Westbrook and Reggie Jackson are fantastic, but their size offers less resistance at the rim than a guy nicknamed “Iblocka.” During the regular season, those three players combined to defend 6.3 shots at the rim per game. On Monday night, they defended 16. The Spurs made 12 of them.In Game 2, there may be an opportunity to play Steven Adams more minutes, but the Thunder simply don’t have the bodies to avoid these small lineups. If they can’t figure out how to assemble a better defensive structure with the players available, this series might not last long. read more

Braxton Miller set to return to Ohio State for 2014 season

Junior quarterback Braxton Miller (5) throws the ball during a game against Indiana Nov. 23 at Ohio Stadium. OSU won, 42-14.Credit: Shelby Lum / Photo editorOhio State junior quarterback Braxton Miller has made the decision to return for his senior season and not enter the 2014 NFL Draft.An OSU spokesman confirmed Thursday that Miller will return to OSU.Miller is the two-time defending Big Ten offensive player of the year and is coming off a season in which he finished in the top 10 in the conference in both rushing and passing yards per game.“I want to help this team win a Big Ten championship next year,” Miller said in a press release Thursday night. “Plus, I want to improve as a quarterback in all aspects of my game. I’m looking forward to working for another year with coach (Urban) Meyer and (offensive coordinator quarterbacks coach Tom) Herman.“And I want to graduate, so this will help get me close to my academic goal.”The quarterback is also coming off back-to-back losses, including a 40-35 defeat at the hands of Clemson in the 2014 Discover Orange Bowl Jan. 3. Despite the losses, he has compiled a 28-8 record as the starting quarterback at OSU.Meyer said he is looking forward to working with the quarterback for another season.“We look forward to having Braxton Miller return to this team for his senior season,” Meyer said in the release. “He has been an extremely valuable member of our team and he is also a fine student. His desire to lead our team to a championship, to earn his degree from The Ohio State University net spring and to continue to improve as a quarterback are his motivation.”With Miller’s decision, the Buckeye offense will return five starters from a offense that finished the year third in the country in scoring offense with an average 45.5 points per game and seventh in total offense with 511.9 average yards per game.After the Orange Bowl loss, Miller said he was going to talk to coach Urban Meyer about whether or not he should turn pro.“I’ve got to think hard about it. I will talk to coach Meyer and see what he thinks,” Miller said. “He’s been through the process many times, so that’s the guy to go to. He never steers you wrong and ever since I got here, he took me under his wing and taught me a lot of things.”The Buckeyes are set to open their 2014 season with an Aug. 30 trip to Baltimore against Navy. read more

Sweden players deserve Golden Ball

first_imgSweden have lost out of the quarter-final in the 2018 World Cup in Russia after a 2-0 loss to England but Zlatan Ibrahimovic believes Sweden’s players all deserve to be given a Golden Ball award for their performance so far at the World Cup.Sweden performed beyond expectations and even without the services of Ibrahimovic, who was impressed with Janne Andersson’s side. Every player should get a golden ball in Sweden. What they did will be remembered forever. Thank you for the show pic.twitter.com/VsoaUY6W99— Zlatan Ibrahimović (@Ibra_official) July 7, 2018“Every player should get a Golden Ball in Sweden,” Ibrahimovic wrote on Twitter.“What they did will be remembered forever. Thank you for the show.”Ibrahimovic lost a bet with another former United player, David Beckham, and he will now have to watch an England game at Wembley with the ex-LA Galaxy star.Jadon Sancho, Borussia DortmundCrouch: Liverpool could beat Man United to Jadon Sancho Andrew Smyth – September 14, 2019 Peter Crouch wouldn’t be surprised to see Jadon Sancho end up at Liverpool one day instead of his long-term pursuers Manchester United.In the bet, Beckham had promised to buy Ibrahimovic whatever he wanted from IKEA if Sweden won England in Samara. Zlatan Ibrahimovic lost the bet!It looks like he’s heading to Wembley with David Beckham.Get the #ENG shirt on order.The fish and chips can probably wait, though…??#SWE #SWEENG #WorldCup pic.twitter.com/bLImKr8Rkb— Omnisport (@OmnisportNews) July 7, 2018last_img read more

Goncharenko CSKA Moscow will be ready for next Roma game

first_imgCSKA Moscow coach Viktor Goncharenko promises that they will do their “homework” ahead of the return fixture with AS Roma in the Champions LeagueThe Red-blues suffered a 3-0 defeat at the Stadio Olimpico on Tuesday night in Group G following Edin Dzeko’s double.The result meant that CSKA surrendered their lead at the top of the group table and now find themselves third behind Roma and new leaders Real Madrid.But Goncharenko refused to dwell on the negatives and instead plans to use the experience from the Italian capital to extract revenge in the return fixture.Top 5 Atletico Madrid players to watch in next week’s UCL Tomás Pavel Ibarra Meda – September 14, 2019 With the Champions League about to start, we need to start talking about the Top 5 Atletico Madrid players to watch in the competition.Atletico…“I don’t want to focus on negative things. We are moving forward, our young team is getting an invaluable experience by playing in these sort of games,” Goncharenko the UEFA website.“Surely, it will help us when we face Roma in Moscow. We’ll do our homework.”The Russian Premier League side will host Roma at the Luzhniki Stadium on November 7.last_img read more

Juventus keen to introduce fresh blood into the squad

first_imgJuventus are reportedly already working on new signings in spite of an astonishing start of the seasonLed by the likes of Massimiliano Allegri from the touchline and Cristiano Ronaldo on the field, the Bianconeri have been flourishing this season on all fronts.With a record of nine wins and a draw, the Turinese giants top Serie A table, while they enjoy a 3-game winning streak in the Champions League.However, the reigning Italian champions are not fully satisfied with the current roster, as they intend to add more quality and potential to their respective squad.Romelu Lukaku, Inter MilanLukaku backed to beat Ronaldo in Serie A scoring charts Andrew Smyth – September 14, 2019 Former Inter Milan star Andy van der Meyde is confident Romelu Lukaku will outscore Cristiano Ronaldo in this season’s Serie A.According to the Italian newspaper, Calciomercato, Juventus have identified Lyon’s Tanguy Ndombele and Ajax’s Matthijs de Ligt as the top targets for next summer.The 21-year-old French midfielder has been one of the revelations in Europe football over the past year or so, as he continues to impress with Les Gones both in Ligue 1 and the Champions League.On the other hand, the 19-year-old Dutchman is named the Lancers’ vice-captain despite the young age. The Netherlands international has shown immense potential in Ajax’s Champions League quest this season, demonstrating some genius pieces of defending against Bayern Munich at the Allianz Arena.last_img read more

Board Approves Consolidation Of SoHi SoHi Prep

first_imgA meeting for Skyview Middle School and River City Academy students and families will be facilitated by the school principals on Tuesday, May 7, at 6:00pm, at Skyview Middle School. Pegge Erkeneff, Communications Liaison with KPBSD: “To retain essential elective offerings for 9th-12th grade students in Soldotna, and ease the teaching position reductions caused by a potential rise in the Pupil-Teacher-Ratio (PTR), this move will create an economy of scale that will lessen the amount of staff reductions and allow for more core and elective offerings for Soldotna 9th – 12th grade students. The consolidation and school move will result in a savings to the district of approximately $630,000.” Erkeneff: “The district office will work with Mr. Graham to determine other site administration duties and other staff allocations and duties. A plan will be developed to address equipment and supplies from both buildings, and communications with staff, students, parents, and the community.” Tony Graham will continue to be principal of the consolidated Soldotna High School.  The District Office will work with Graham on determining other site administration duties and other staff allocations and duties. Facebook0TwitterEmailPrintFriendly分享The Kenai Peninsula Borough School Board voted at Monday nights meeting to move forward with the consolidation of Soldotna Prep School and Soldotna High School. In addition, the board voted to relocate River City Academy to Skyview Middle School. District administration will work with both schools in a similar manner to Soldotna High School and Soldotna Prep to facilitate River City Academy’s move to Skyview. This savings would come from reduced building operations and personnel costs to operate the current building housing two schools.last_img read more

Samsung Galaxy S10 Plus renders show what the InfinityO display may look

first_img Now playing: Watch this: See it $899 4:00 $899 Samsung’s S10 reportedly features 5G, huge screen How To • How to take badass car photos with your Galaxy S10 Plus CNET may get a commission from retail offers. See It See It The images show the device boasting six cameras total. There are four rear cameras and two cameras on the front. The front cameras are especially interesting because they are placed off-center and show through a cutout in the display. We’ve seen this display before advertised as Samsung’s Infinity-O design, which is rumored to replace the Infinity Display that first appeared on the Galaxy S8.Other rumored specs for the Galaxy S10 Plus include:6.4-inch curved edge AMOLED displayQHD screen resolutionIn-display fingerprint sensorA new version of Samsung’s face unlock3.5mm audio jack and USB-C portQualcomm Snapdragon 8150 or Exynos 9820 chip (depending on market)3,700mAh batteryThe images also show the phone in Samsung’s new Ice Blue color, which recently debuted on the Galaxy S9, Galaxy S9 Plus and Note 9.Samsung declined to comment. Mentioned Above Samsung Galaxy S10 (128GB, prism black) $899 Best Buy Abt Electronics Tags With the Samsung Galaxy S10 expected in the beginning of 2019, rumors and unofficial renders of the phone are starting to trickle in.The latest renders of the larger Galaxy S10 Plus come courtesy of 91Mobiles in conjunction with tipster OnLeaks. OnLeaks has published several renders of rumored phones before their release, but this report should still be taken with a grain of salt until we see the real thing. See It $899 Samsung Galaxy S10 Review • Galaxy S10 review: As good as the S10 Plus, in a smaller package Phones null Share your voice 0 News • Samsung Galaxy S10: The 7 best deals right now So… Let me start all over again… Now THIS IS (still) your very first and early look at the #Samsung #GalaxyS10 Plus! (updated official looking 5K renders + 360° video) on behalf of @91mobiles -> https://t.co/oED66jddR2 Cheers! 😙 pic.twitter.com/WSybUEuElf— Steve H.McFly (@OnLeaks) December 4, 2018 Sprint Rumors Samsunglast_img read more

Tariques plot to put govt in trouble foiled Quader

first_imgObaidul QuaderAlleging that BNP acting Chairman Tarique Rahman instigated students over their quota reform movement to push the government into an awkward situation, Awami League general secretary Obaidul Quader on Friday said the prime minister’s bold step has foiled the BNP’s plot, reports UNB.”Tarique Rahman tried to fish in the troubled waters. However, prime minister Sheikh Hasina announced to abolish the quota system to bring an end to the student movement. Tarique’s provocation from London couldn’t push the government into any trouble,” he said.Quader, also road transport and bridges minister, was talking to reporters after visiting work on the Bhulta flyover in Rupganj upazila of Narayanganj.Mentioning that BNP has now become politically bankrupt, he, however, thinks that it will join the next general election.The ruling party leader said Bangladesh will be a developing country by 2021 and a developed one by 2014 if Awami League comes to power in the future.last_img read more

SB Player Spotlight on Eden Mayo

first_imgEpisode 5:  Eden MayoThe Mayo FileNumber: 21Full name: Eden Nicole MayoClass: FreshmanPosition: INFBats/Throws: R/RHometown:  Grayson County, Ky. High School: East CarterTravel Team: Beverly Bandits and Louisville SluggersMajor: Dental Hygiene Print Friendly Version Story Links The University of Louisville Softball Player Spotlight series features short interviews with each of the Cardinals’ players. Episode five features freshman Eden Mayo.last_img

50 Insane Facts About Bitcoin Infographic

first_imgMarch 5, 2014 2 min read Free Webinar | Sept. 9: The Entrepreneur’s Playbook for Going Global Image credit: Who Is Hosting This Register Now » Bitcoin is a fickle thing. As one U.S. Senator recently admitted, it confuses “the heck out of us.” If you still don’t quite fully “get it,” you’re far from alone.Ok, so by now most people — fine, maybe only a few — understand that Bitcoin is virtual cash that’s generated (“mined”) by computers, lives on the internet and is used to purchase real and digital stuff online and in person.But where exactly did it come from and why is it suddenly in the news so often? Is Bitcoin really the future of money? If so, what can you buy with it right now?Related: Bitcoin: The Good, the Bad and the Ugly Bitcoin users can purchase thousands of legal items on the straight and narrow with the controversial cryptocurrency, like tickets to a Sacramento Kings Game, fresh beef in Australia or even tuition for the University of Nicosia. And before the takedown of Silk Road, people reportedly swapped bitcoins for countless shady illegal goods, including dime bags of weed, stolen guns, forged documents and possibly even hitman services. Creepy, right?The more we know about the curious currency, the weirder it gets.For an entertaining yet educational eyeful of just how bizarre the Bitcoin story is, from its mysterious beginnings to its rise as a kind of, almost, on the brink of mainstream currency around the globe today, take a look at the revealing infographic below from WhoIsHostingThis.com.Click to Enlarge+ Growing a business sometimes requires thinking outside the box.last_img read more

People Two new marketing hires for the Anguilla Tourist Board

first_img Friday, February 9, 2018 Share [People] Two new marketing hires for the Anguilla Tourist Board ANGUILLA — The Anguilla Tourist Board (ATB) has announced two new appointments: Colwayne Pickering, its new Marketing Officer, and Jameel Rochester, who will serve the ATB as Assistant Manager, Destination Experience.In his new role, Pickering will assist in leading the development of an island-headquartered marketing department, which will include designing and executing new digitally-focused marketing strategies, supporting international efforts, and developing partnerships to increase tourism arrivals. He has also been tasked with overseeing the marketing efforts of the international representatives in North America, the U.K., Latin America, Germany and Italy.Prior to joining ATB, Pickering served as General Manager (Cable and Broadband) Operations of Wireless Ventures (Digicel) Anguilla Ltd., where he managed million-dollar budgets and targets, and supervised a team of over 50 staff members.“I have a strong background and experience in excess of 10 years directly relating to marketing and promotions, coupled with operational and people management. I am confident that I will be an excellent asset to the organization, with a full appreciation for time management and the ability to work autonomously and under pressure in achieving required objectives,” said Pickering.Rochester will be responsible for assisting in the development, promotion and management of the on-island experience, which includes engaging with stakeholders in relation to all elements of Anguilla’s Tourism Product. His key duties include assisting in managing Public and Private Sector Relations, organizing and promoting internal and external training in the elements of hospitality, and coordinating community outreach programs to highlight the role of communities in the visitor experience.Prior to joining ATB, Rochester was the Resort Assistant Manager at the Four Seasons Resort & Residences Anguilla, and also held the position of Executive Assistant at Zemi Beach House Hotel & Spa.“With my practical experience combined with my educational studies, I am confident that I can and will become an invaluable asset to the Anguilla Tourist Board,” said Rochester. “My long-term career goal is to continue to learn and develop my skills and abilities within the hospitality industry, whilst utilizing my experience, knowledge, and skills to the benefit of the organization.”Both Pickering and Rochester began their new roles on Feb. 1 and are based at ATB’s head office in Anguilla. Posted bycenter_img << Previous PostNext Post >> Tags: Anguilla, People Travelweek Group last_img read more

Rep Berman fights for increased government transparency with first bill

first_img14Jan Rep. Berman fights for increased government transparency with first bill Categories: Berman News State Rep. Ryan Berman submits his government transparency plan to the House enrolling clerk.State Rep. Ryan Berman, along with a bipartisan group of his Michigan House colleagues, has introduced a comprehensive plan to increase the transparency of state government.Berman, of Commerce Township, said Michigan is one of a very few states that still exempts its governor, lieutenant governor and the Legislature from sunshine laws. The bipartisan solution would remove these exemptions and make the government more accountable to the people of Michigan.“Transparency isn’t a partisan issue,” Berman said. “Transparency is about being open and accountable to the people we’re here to serve.”The transparency plan will subject the Legislature to a new Legislative Open Records Act (LORA) and the governor and lieutenant governor to the provisions of the Freedom of Information Act (FOIA).“State representatives, senators and the governor should be held to the same transparency laws as local governments and school boards. It makes no sense to exempt our elected state officials from these important standards,” Berman said. “It’s time to update the law and set an example of openness and honesty.”Just like some documents containing sensitive personal information are exempt from disclosure by local governments under the current FOIA law, the new LORA will exempt some records, including letters to and from people in the district, human resources files, and ongoing legislative investigations or lawsuits.The plan, laid out in House Bills 4007-16, has been referred to the House Government Operations Committee for consideration.###last_img read more

THE Alley Theatre in Strabane is delighted to be h

first_imgTHE Alley Theatre in Strabane is delighted to be hosting the 20th Anniversary of C.R.A.I.C. with the ‘Johnny Crampsie Song and Dance Music Festival’, with concerts and workshops taking place throughout this weekend.In 1995 under the name CRAIC (Cultural Revival Among Integrated Communities), a group of people got together with the aim of reviving the old cultural traditions.After holding successful trad music weekend in 1997, CRAIC set up an annual event dedicated to the respected local musician, Johnny Crampsie who was a versatile fiddle and saxophone musician that played trad and a wide range or other types of music.The opening concert of the festival will take place in the Alley Theatre on this Friday night with CRAIC in Concert with Special Guests Tom Byrne and Friends, with an evening of traditional Irish and Folk music, hosted by the well-established local group. 20TH ANNIVERSARY OF CRAIC AT JOHNNY CRAMPSEY SONG AND DANCE MUSIC FESTIVALstrabaneTHE ALLEY THEATRE ShareTweet Over the festival weekend, the ever popular trad CRAIC Late Night Sessions can be enjoyed by all in the Stables of Sion Mills, while finishing off with the Closing Session with CRAIC on the Sunday evening.Craic is also celebrating their 20 year anniversary with an exhibition in the gallery space in the Alley Theatre with audio, video, photographic and artefact displays from the many events through the years.This will be an opportunity for the hundreds of people who have taken part or just enjoyed their experiences with craic to relive those memories.This promises to be another exciting and memorable weekend for all those culture vultures out there so come along and enjoy.For more information on the festival visit – http://www.craiconline.netTickets for all events are now available at the box office and online. The full Autumn/Winter programme is now available for download at http://www.alley-theatre.com/brochure/  and further updates will be available viafb.com/thealleytheatre and @TheAlleyTheatre on Twitter.20TH ANNIVERSARY OF CRAIC AT JOHNNY CRAMPSEY SONG AND DANCE MUSIC FESTIVAL was last modified: October 8th, 2015 by John2John2 Tags: The Johnny Crampsie Music Workshops will take place on Saturday with tutors from the fabulous group Beoga, followed by an opportunity for participants to perform on stage as part of the Beoga Concert, taking place later that evening.Beoga (Gaelic for ‘lively’) have become one of the most exciting, popular and influential groups in modern traditional Irish music.Their unique sound features the twin dueling accordions of Damian McKee and multi-instrumentalist Seán Óg Graham, pianist Liam Bradley, four times All-Ireland bodhrán champion Eamon Murray and Niamh Dunne, on vocals and fiddle.Shortlisted for a Grammy nomination in 2010, Beoga are described by the Wall Street Journal as ‘the best traditional band to emerge from Ireland this century’.last_img read more

Interviewed by Louis James Editor International

first_img(Interviewed by Louis James, Editor, International Speculator)L: Doug, we’ve had a lot of questions from readers about the apparent push governments are making to go to paperless currency – all electronic, no cash. Do you think that’s likely, and what would be the implications?Doug: I think it’s probably inevitable. It’s not just cash, but the whole world is becoming increasingly digital. Credit cards already work very well all around the world, and everyone in the world, it seems, will soon have a smartphone – or at least everyone who might have any cash.But it’s not just a question of evolving technology. Governments hate cash for lots of reasons, starting with the fact it costs a couple of cents to print a piece of paper currency, and they have to be replaced quite often. As the US has destroyed the value of the dollar, they’ve had to take the copper out of pennies, and soon they’ll take the nickel out of nickels. Furthermore, with modern technology, counterfeiters – including unfriendly foreign governments – can turn out US currency that’s almost indistinguishable from the real thing. And the stuff takes up a lot of space if it’s enough to be of value. So sure, governments would like to get rid of tangible currency. They’d like to see all money kept in banks, which are today no more than arms of the state. But it’s not so simple: increasing numbers of people trust neither banks – most of which are insolvent – or currencies – most of which are on their way to their intrinsic values.L: Hm. On the technology front, when I was in central Africa a few weeks ago, plastic money was accepted happily everywhere I went – Rwanda, Burundi, the DRC, and Kenya – though not by street vendors yet. And I had access to the Internet everywhere I went, even in the middle of the jungle…Doug: Yes, the move towards digital currencies is already happening, and not just as a result of government efforts. Remember Bitcoin. And, as you know, I’m a big fan of Goldmoney.com, which is leading the way to a sound digital currency. Although Goldmoney.com has bowed to government pressure and has suspended its service allowing customers to transfer funds among one another, it’s another sign of the times…L: Yes, and Goldmoney.com is not the first attempt, nor will it be the last. We should mention to new readers that you are an investor in Goldmoney.com.Doug: The world’s going to digital currencies is in part a good thing, because it’s convenient. But it’s definitely a double-edged sword, because of government involvement in the field. If it were a strictly market phenomenon, I’d have no problem with it. It’d be just another choice. But if the state runs it, it would reduce people’s choices – and privacy. But that’s entirely apart from the fact that government – and I know this assertion will be shocking to most readers – has no business creating currency or minting money. Money, of all things, should be a purely market phenomenon. Government, as an institution, inevitably and necessarily corrupts everything it touches. Money is far too important to be left to the tender mercies of the state.L: Sure. A completely digital currency would be an unlimited license to print and spend. Need to give people more welfare? Just tap a few keys, and it appears in their bank accounts. Need to buy more missiles? Just a few more taps on the keyboard… But the privacy issue is even scarier: digital money would seem like Big Brother‘s dream come true. They wouldn’t even have to send their minions out to go through people’s trash. They could see everything anyone ever spent money on and where they were physically when they did it, search for activity nearby, and much more, just by having computers report the details of people’s accounts.Doug: Exactly. They would justify it with a host of phony excuses ranging from the so-called War on Terrorism to the so-called War on Drugs. Maybe they’ll tie it in to their disastrously failed War on Poverty. As the War on Islam heats up, one front will be an attack on the excellent Muslim hawala system, which allows cheap and reliable transfer of money between countries; that system, which is kind of a private SWIFT network, is excellent for evading FX controls. Ironically, Islamic countries are some of the very worst perpetrators of currency controls.L: Maybe that’s why the informal network exists in the first place? But yes, they gotta stop those evil money launderers from washing their money and hanging it out to dry…Doug: Don’t get me started on “money laundering.” It’s a completely artificial crime. It wasn’t even heard of 20 years ago, because the “crime” didn’t exist. Now, everyone speaks of it as though it were a real crime, like murder. It’s ridiculous, and further proof of the totally degraded state of the average person worldwide, absolutely including US citizens – what we used to call Americans. The government proclaims something as a law, and “sheeple” robotically assume it’s part of the cosmic firmament. If an official tells them to do or not to do something, they roll over on their backs like whipped dogs and wet themselves out of fear. The War on Drugs may be where “money laundering” originated as a crime, but today it has a lot more to do with something infinitely more important to the state: the War on Tax Evasion.Incidentally, not that a US citizen can open an account with a Swiss bank anyway any longer – except with at least seven figures and loads of paperwork – but now the policy in Switzerland is to insist that clients prove that their funds are all tax paid. The situation is out of control. And the world’s governments are increasingly working together to make sure no one slips through the net.L: Gotta keep the cattle in line.Doug: That’s right; the US has sent swarms of agents all around the world to bully and cajole bureaucrats in other countries into giving them access to bank account information and to impose income taxes in places that didn’t have them. In Uruguay, where I was last week, for example, there was no income tax two years ago. Now there is. And they’re trying to do the same thing in Paraguay. That’s about the last personal-income-tax holdout among the larger countries of the world.L: When I was in Paraguay last, they had passed an income-tax law, but it was being blocked from implementation by the legislature itself, on procedural grounds. I was told that since all of the legislators are deeply corrupted, none of them want to have to account for their income, and that’s why the measure will never be implemented. “Never” seems a bit optimistic, but it reminds me of your call to make corruption your friend. At any rate, why would the US government care if other countries have income taxes – so they can have tax treaties with them?Doug: I’m sure that’s part of it. A bigger part may be that countries with high tax burdens want so-called tax harmonization, so it’s less tempting to businesses and individuals to leave their borders and go where they can benefit from a lower tax burden – or pay no taxes at all. Governments all around the world, in spite of their differences, share a concern about their income streams – especially since most of them are absolutely bankrupt now – and their bureaucracies work together closely when it suits them. For example, the reason why you get asked if you are carrying more than $10,000 in cash on you when you board an international flight these days, even in a tiny African or South American country, is that it’s an OECD standard that’s been… enthusiastically encouraged. When it first started, it was only $3,000, but that generated too much work for them, so they raised it to $10,000. But all the bad ideas in the world now seem to be coming out of the US.You know, up until the Bank Secrecy Act of 1971, Americans didn’t have to report foreign bank accounts or brokerage accounts. Reporting income generated by such accounts was required, but the existence of the accounts themselves was not required. The rules and reporting requirements have now become so draconian that most foreign banks don’t even want to see a US taxpayer darken their door, let alone open an account for one. It’s a cancer, spreading out from the US.L: So, is this trend inevitable? At some point will Big Brother know everything about all transactions?Doug: Yes. And if they can’t get everything they want from you off your cell phone, which will probably also become your wallet with a digital credit-card app at some point in the near future, they will be able to monitor everything physically via the swarms of tiny spy drones they will flood the skies with. The technology will soon make this cheap as dirt, and computational power is increasing rapidly to the point where it will be possible to process all the images.L: Only if the people don’t divulge everything they are doing and whom they are doing it with on Facebook and Twitter.Doug: [Laughs] Ah, yes, Facebook, the CIA’s most successful covert op. I idiotically opened a Facebook account some years back because someone convinced me it would be a good way to keep in touch with old school friends I’d lost touch with. Now I get scores of people who want to friend me every month, and I know very, very few of them. It will be one-stop shopping for Homeland Security to round up the usual suspects when they feel the time is right. I hate Facebook and never use it for anything. I wonder how many of my Facebook friends are actually government stooges out looking for somebody to railroad…L: A sobering thought.Doug: I have to say that the prognosis for privacy is very grim. The only possible saving grace I can see is that the snoops may end up with information overload, most of it worthless or irrelevant. That’s what seriously impeded the East German and Romanian secret police. But with computer technology getting better and better, there’s not much reason to believe Homeland Security will be buried the way the Stasi was with its primitive technology.I really see no way to stop this trend, nor hide from it – at least in the US or Europe. There’s one thing, however, we can hope for: the coming collapse of the modern nation-state. This will happen, sooner or later, in Europe and North America, at least. This is a possible bright side of the building worldwide financial collapse; it might bring down Big Brother… although it’s more likely, I’m afraid, that he’ll redouble his efforts to control everything. Unfortunately, the immediate aftermath of that collapse is likely to be very unpleasant, especially for those in the most developed and powerful countries.The best way to insulate yourself from this, therefore, is to live in a country whose government doesn’t have the power, financial resources, or technical ability to do these things. As per our last conversation, Africa might be a good place to get out of harm’s way, but it’s a bit too far off the beaten path for my taste and has way too many problems. That’s why I like Latin America.L: What about the hope that if people get pushed too far, they may rebel? Everyone has things they don’t want made public, even those with absolutely nothing nefarious about them. A total lack of privacy would seem intolerable, after some – probably short – period of time. As Princess Leia told Governor Tarkin in the original Star Wars movie: the tighter they squeeze their fist, the more people will slip through their fingers. Or maybe not. It is, frankly, very dismaying to me that the Big Brother concept has been turned into a “reality” TV show.Doug: People may think it’s funny now, or even an egalitarian ideal to live in a society in which no one has any secrets, but that won’t last. If only in relation to currency controls – what we started out talking about – I think there’s something to your Star Wars quote. The more total the monitoring and control the state achieves over the legal economy, the more it will push people into the black market. We saw that in Soviet times. Stringent and very intrusive state monitoring, compulsion, and punishment only made the informal market flourish all the more. I’m sure this will happen. Even North Korea has an active black market. But I don’t like that term. What’s called “the black market” is really the free market; it’s heroic. The legal market – with all its taxes and regulations – is actually the one in need of either radical reform or abolition.L: But the monitoring beyond finance – your drone swarms – might make noncompliance too risky for most people to try.Doug: True. And maybe the US will get not just 10% of the population hooked on stuff like Prozac, but 20% or 50%. As Aldous Huxley pointed out in Brave New World, it’s much easier to control zombies. That’s another reason why I think that hope for the future rests in what are today derided as corrupt Third-World countries. If you’re going to have a ridiculous number of impossible laws, corruption is a good thing. Increasingly, what matters is not the number or even nature of laws on the books in the place you live, but the amount of actual control the state has over private individuals. Corruption subverts idiotic laws; it’s the next best thing to abolishing them.L: I’ve often said that on paper, the US is freer than Mexico, but in fact, Mexico has become much freer than the US, in spite of its legally powerful socialist government. The average Mexican considers tax evasion to be a universal given, but US taxpayers fear their government – a letter from the IRS can cause instant weight loss.Doug: It’s certainly true that in Argentina, where I’m building a new home, people don’t fear their government. Well, not in the police-state sense, anyway; they see it as more of a nuisance. It’s probably more accurate to say they are resigned to their government destroying the economy periodically than to say they actively fear it. If I get pulled over for speeding in Argentina – which itself would be highly unusual – I feel that I have nothing to fear at all, whereas back in the US, I could end up getting tased, have my car taken, and do jail time for saying or doing the wrong thing, even without harming anyone. Any contact with the police in the US brings an increasing risk of a lethal outcome these days. I understand that there are about 40,000 SWAT raids on real and imagined targets every year, and the number is growing fast.Another contrast: in Argentina, most people despise the police and military, whereas in the US, they are apotheosized. This tells you a lot about the psychological states of these populations – it’s a very bad trend in the US.L: On the subject of Argentina, perhaps we should mention that readers who’d like to meet you could head down there for the upcoming harvest celebration.Doug: Well, I’m in the middle of one right now, but another is coming up next week, and there’s still time to sign up for that one. Sure – we have a lot of readers, and I’ve enjoyed meeting many, but it would be nice to get to know more of them. And it’s a nice time to get away from the dying days of winter in the northern hemisphere and come to a place where the weather is pleasant and the wines are fantastic. And I’m really tickled with our world-class gym, spa, and all the rest of it.L: Very well. Investment implications?Doug: Well, this highlights the importance of owning gold, but not for investment purposes or even for the financial prudence we’ve spoken of before, but for a different kind of prudence: privacy – and even freedom.One thing that has changed since we started having these conversations – back when gold was trading at about $600 per ounce – is that having approached $2,000 per ounce, and being likely to surpass that level soon, governments are going to start clamping down on gold more and more. Back when gold was under $300 an ounce, it wasn’t convenient to carry large nominal sums in gold – it was too bulky, too heavy. A roll of hundred-dollar bills was less trouble. But now you can hide $20,000 in one hand using gold. This has not gone unnoticed by the bad guys, and customs and immigrations forms of several countries have started asking not only if you are carrying more than $10,000 in cash, but specifically gold. Incidentally, to keep up with this type of thing, I urge readers to sign up at International Man, which has a great, free daily letter.L: I agree; it’s an excellent publication. That’s an interesting admission for Big Brother to make, asking people to declare cash and gold; in effect, it admits gold’s value as money… But okay, if the state achieves total monitoring and control of the legal economy, and the informal economy becomes much larger, would that not greatly increase the demand for gold? The black market is, as you say, a free – if somewhat chaotic – market, so, according to you and Aristotle, would not gold emerge as the money of choice in that market? And would that not add to the speculative reason for owning gold in addition to the reasons of prudence?Doug: Yes, and yes. Other sub-trends speculators might look for, within the overall trend of digitalization of our world, would lie in various new technologies this will make possible. Many of them would be very positive and profitable for those who deploy them commercially first. This is the sort of thing Alex Daly keeps tabs on in our Casey Extraordinary Technology letter.L: That reminds me of what you said about our phones becoming our wallets. You already don’t really need a physical card to make most revolving credit purchases, just the information on the account. Not only do we buy all sort of thing online these days with this information, but there are chips that transmit gas-card info to gas pumps so we don’t even need to get our wallets out to fill up our tanks. Who knows where that will end up, but I can imagine that as phones and computers (and what used to be TVs) all merge into one technology – which already includes payment systems – money will get folded into this technology as well.Doug: I fully expect that, even though I still don’t own a cell phone and really loathe the things. As an individual human being, I’m going to keep on paying for things in cash for as long as I can – and to me, gold is the real cash of the world. But as a speculator, I think there’s a lot of money to be made investing in the developers of these technological innovations.L: Good luck with that fight. As Locutus of Borg said, “Resistance is futile. You will be assimilated.” There are computer chips in clothing, in cars – heck, it won’t be long before they’re in our food and in the drinking water… Only to help doctors monitor our health, of course.Doug: I know, I know. The prison planet we live on could get pretty ugly before it frees up again. I fear that before things get better, they will have to get much worse, and our world will soon come to resemble a cross between Huxley’s Brave New World and Orwell’s 1984 – or maybe Soylent Green if it gets really bad.L: Another cheerful thought, Doug.Doug: You know I call ’em like I see ’em. I hope many of our current readers will look into The Casey Report as well, if only because this month has part two of a long article that I’m rather fond of, titled Evil, Stupidity, and the Decline of America, which examines the root causes of the pickle the West is now in.But the greater the invasion of privacy, the greater the need for privacy there will be – and the market will respond. I doubt you’ll need stolen eyeballs for retina scans, as in the movie Minority Report, but technologies that identify you to the monitors as a Boy Scout from Iowa (with a perfect grade-point average, totally clean driving record, and no arrests or interrogations) will certainly become available. Clean digital identities should become highly lucrative commodities, all the more so for being illegal. But, with any luck, when the revolution comes – and it will, even though it will be most unpleasant, inconvenient, and dangerous – I hope it turns out more like the revolutions in V for Vendetta or the American Revolution than the one in France under Robespierre. In any event, there’s no doubt in my mind that things will get much worse before the world reboots and gets better again.L: Well, that’s marginally better. As has been observed before, as in the times of chattel slavery, for example, when laws become unjust, just people must become outlaws.Doug: Just so. Maybe we’ll all have our chance to play Robin Hood against an evil king.L: Right then. Thanks for your thoughts… I’ll have to take a closer look at our technology picks for my own investment portfolio.Doug: You should. And you’re welcome. Talk to you soon. In the meantime, live, and be wellL: Until next time.last_img read more

In 1946 an American singer Merle Travis recorde

first_imgIn 1946, an American singer, Merle Travis, recorded a song called “Sixteen Tons.” The song told the story of a poor coal miner in Kentucky, who lived in a small coal mining town. The town’s economy revolved entirely around the mine.c The mining company owned a “company store,” which had a monopoly on the sale of provisions. It charged rates that were designed to use up the weekly paycheque of the miner, so that the miner, in effect, was a slave to the mining company. As the song states, You load sixteen tons, what do you get Another day older and deeper in debt Saint Peter don’t you call me ’cause I can’t go I owe my soul to the company store Negative Interest Rates Let’s put the song aside for the moment and have a look at a concept that has been bandied about by the European Central Bank (ECB) for a while now. Since the collapse of the central banks would doom the world (their claim, not mine), it is essential that the banks be saved no matter what else must be sacrificed. Efforts to “save” the situation have been implemented through quantitative easing (QE) and the setting and continuation of low interest rates. Unfortunately, in spite of record profits by banks and staggering bonuses handed out to senior bank executives, somehow the QE and low interest rates have not created the prosperity desired. The economy is still in the tank. What to do? A solution being considered is to create “negative interest rates.” Sounds logical, doesn’t it? If low interest rates have kept the economy from crashing but haven’t fixed it, surely, negative interest rates can only be more positive. And what are negative interest rates? Well, it simply means that, if you keep your money in a bank, instead of the bank paying you interest, you pay the bank to hold your money. No central bank has ever done such a thing, so, not surprisingly, it sounds like a bitter pill to swallow. However, the ECB will present it as an “unfortunate necessity.” Electronic Currency Let’s once again change subjects for the moment. If the fiat currencies, such as the euro and the dollar, collapse (as I believe is all but inevitable), the EU and US are likely to immediately come up with an alternate currency (or currencies), since if an alternative is not made readily available, people will turn to whatever currency is handy in order to be able to continue to purchase goods and to trade. We are in the electronic age. We are also seeing the EU and US heading in a direction that is marked with increasing controls on the capital held by their citizens. Therefore, the ideal currency would be an electronic one. No more paper notes in the wallet, no more coins in the pocket; just a plastic debit card to take care of all purchases. All purchases. Whether the purchaser buys something as major as a car or as insignificant as a Cadbury bar, the card would be used for every monetary transaction. This, of course, is a handy solution to the fuss of dealing with what was formerly regarded as money. But there is an extra advantage—quite a major one, in fact—to the government. It now has a record of every single transaction that you make. There could be no “under the table” transactions, as only the debit card would represent currency. Of course, a bank would be needed to handle the transactions. The bank would receive your electronic paycheck directly from your employer, and you would spend what you had in your account. The bank would be the central clearing house though which all your financial transactions took place. An extra advantage to the government would be that they would no longer need to chase their citizens for taxation. Since they had a full record of every penny you earned and spent, they could advise you of the amount of your tax obligation and simply deduct it periodically. If you presently pay tax annually, the deductions could be broken up—say, monthly, or even weekly. And the tax need not be under one heading. Just as your bank now lists a host of confusing charges on your credit card, so the government may have a wide variety of confusing and even redundant taxes that it deducts on a regular basis. Just as with the bank, the rates for each tax might go up or down (but mostly up) without explanation. (The more numerous the tax categories and the greater the frequency of deductions, the more confusion and, therefore, the fewer the complaints.) How Does All This Fit Together? Let’s go back to the ECB. If a negative interest rate exists, the bank no longer pays you interest to encourage you to keep your money with them. They now control all your monetary transactions, and you cannot function without them. The servant has become the master. Therefore, it would not be possible to cease to use the bank for your transactions, should their “negative interest rates” start to climb. At this point, the government and the bank would, between them, control your money totally. You would find yourself, in effect, “owned by the company store.” It’s even possible that bank fees and tax rates could be increased as your income increased, so that you might never be able to truly save money, invest, or indeed, act independently of your “owners.” The flow of your money would have become centralised, and you could not function without them. Of course, this is all theory. Surely, this could not come to pass, because people inherently do not wish to be enslaved. And yet it happened on a wholesale basis in Kentucky and other mining areas in the US. So the question really is, “How did it become possible that people in mining towns volunteered for their own slavery?” First there was a depression. Many people lost their jobs and their incomes and were prepared to do anything in order to feed their families. So they signed up for the only game in town: the mines. It was dangerous work, there were no benefits, and the coal dust would kill a miner after a time. But as long as he lived, his family had enough to eat. He accepted the deal, because (again) it was the only game in town. So, back to the present day, where the Greater Depression will soon be on us in full force. A large percentage of jobs will be destroyed, but in addition, this time around, the currency will also be destroyed. In order to pay for goods, particularly food, people will do whatever they have to, to obtain currency. Desperate times, indeed. But there’s a light at the end of the tunnel! The government has chosen to eliminate bank notes and coins, as they ultimately proved to be so destructive. Never again will this be allowed to happen. The new Electronic Currency System will ensure that all money is centrally managed. The press will declare the new system brilliant, and the harder an individual has been hit by the Greater Depression, the more quickly he will jump on board. The greedy rich have all but destroyed his life, and his government, like a knight in shining armour, has come to save him. Like the miner, he will not be musing on how this will all play out over the decades; he will opt for the promise of relief for his family now. If this all plays out as described above, it will not be just Kentucky, but entire nations. Editor’s note: The day after this article was written, the ECB announced the introduction of a negative interest rate: 0.1% on deposits. As predicted, the media have already begun to the praise the measure. To see what the consequences of economic mismanagement can be, and how stealthily disaster can creep up on you, watch the 30-minute documentary, Meltdown America. Witness the harrowing tales of three ordinary people who lived through a crisis, and how their experiences warn of the turmoil that could soon reach the US. Click here to watch it now.last_img read more

Fantastic essay – Linda

first_imgFantastic essay! – Linda Recommended Link For the first time ever: a guided tour of Doug’s Ranch in UruguayDoug Casey was kind enough to take our cameras on a guided tour of beautiful Uruguayan Estancia. We even captured Doug showing off a few special pieces in his art collection. Click here for a rare look inside the private life of one of the world’s most reclusive millionaires. Recommended Link By Justin Spittler, editor, Casey Daily DispatchCalifornia just made history.Last week, state regulators announced a new mandate that will require all new homes to have solar panels. The law applies to single-family homes and low-rise apartment buildings. It will go into effect in 2020. As a result, California became the first state to introduce such a mandate.And as I’ll show you in today’s Dispatch, this isn’t just big news for the people of California.It’s big news for all Americans… and it’s a massive investing opportunity.I’ll tell you why in a second. But let’s first take a closer look at the mandate… and how it will impact people living in California. — Hi guys, Tell John Hunt his article was absolutely spot-on, just brilliant.– Anthony center_img — • The mandate is expected to add $9,500 in costs for each new home built…Now, some folks worry that this will make it even less affordable to buy homes in California. That’s the bad news.The good news is that the average Californian is expected to see $19,000 in energy savings over the next 30 years.This mandate will have serious ripple effects. In fact, I wouldn’t be surprised at all if Florida, Nevada, or even Texas eventually introduced similar legislation.If that happens, more and more Americans will need to buy solar panels. And that will obviously be good news for the solar panel companies. But here’s the thing…• The solar energy industry will flourish even if other states don’t follow California’s lead… There’s a simple reason for this.Solar energy has become very cheap. According to a recent report from asset management firm Lazard, the cost of solar power has declined 86% since 2009. That’s the biggest drop of any major energy source.As a result, one megawatt hour of solar power now costs just $50. That’s less than half of what it costs to produce one megawatt-hour of coal power ($102). And get this… solar energy currently accounts for just 2% of U.S. electricity needs. So, solar energy will become even cheaper as the industry achieves economies of scale.This will encourage even more people to adopt solar energy for their energy needs.You can see where I’m going with this. But look, I’m not the only investor bullish on solar stocks. Just look at this chart of the Guggenheim Solar ETF (TAN), which invests in a basket of solar stocks.You can see that TAN surged 9% following California’s big announcement. It’s now up 46% over the last year. That’s a big move. But solar stocks should climb much higher in the coming months.Check out this chart to see why. It compares the performance of TAN to the S&P 500.When this line is rising, it means that solar stocks are doing better than the S&P 500. When it’s falling, it means they’re doing worse.You can see that solar stocks have been underperforming the market for the past 10 years. This means they have a lot of catching up to do. But the trend has changed direction over the past few months… and solar stocks will continue to move higher, thanks to California’s mandate and the industry’s rapidly improving economics.So, consider investing in solar stocks if you haven’t already. You can easily do so with TAN.As I mentioned earlier, this ETF invests in a basket of solar stocks and allows you to bet on this big trend without taking on any company-specific risks.Regards, Justin Spittler Buenos Aires, Argentina May 18, 2018Reader MailbagToday, lots of great feedback on Wednesday’s Dispatch featuring an important update on Argentina and a new essay from John Hunt…Nice essay, Justin. – Peter New tool could disrupt the entire $8 trillion food industry Scientists recently discovered a new tool hidden in billion-year-old bacteria that could disrupt the entire $8 trillion global food industry… This could mean 35X growth for the industry at the center of this new technology. Click here to learn more. Beautiful. Perfect. Now I see why John Hunt and Doug Casey are writing novels together. Always nice to be reminded that I’m not completely alone in my view of government people. Thanks! – Gordon As always, if you have any questions or suggestions for the Dispatch, send them to us right here.In Case You Missed It…Doug Casey just found a crypto guru worthy of Casey Research subscribers…This bright young German has been involved with digital currencies since he invested in e-gold in the late ’90s—long before the current blockchain breakthrough.And like Doug, he’s a truly an “international man.” He made so much money from cryptos; he dropped everything and traveled the world for five years. And now, he has an important message…last_img read more

The World Health Organization said Friday that sec

first_imgThe World Health Organization said Friday that security concerns in the Democratic Republic of the Congo’s North Kivu region were preventing aid workers from reaching certain areas — and leaving open the possibility of the Ebola virus spreading.At least 1,500 people could be exposed to the virus, WHO spokesperson Tarik Jasarevic told reporters in Geneva, according to Reuters.Congo’s health ministry declared an outbreak of Ebola on Aug. 1 in the North Kivu region. As of Wednesday, the WHO reports 51 confirmed cases and 27 probable cases of Ebola in the region, with 44 people (17 confirmed, 27 probable) having died of the disease.”We don’t know if we are having all transmission chains identified. We expect to see more cases as a result of earlier infections and infection developing into illness,” Jasarevic reportedly said. “We still don’t have a full epidemiological picture. … The worst-case scenario is that we have these security blind spots where the epidemic could take hold that we don’t know about,” the wire service quoted him as saying.North Kivu — “a lawless, mineral-rich area in the northeast of the country,” as NPR’s Jason Beaubien describes it — is home to 8 million people. “Over the last decade armed groups in North Kivu have massacred civilians and each other while vying for control of the province’s deposits of gold, diamond and coltan, an ore used in cellphones and other electronics,” Beaubien reports.The WHO says the area “has been experiencing intense insecurity and worsening humanitarian crisis, with over one million internally displaced people and a continuous efflux of refugees to the neighbouring countries, including Uganda, Burundi and Tanzania.” About 1,500 miles away in the DRC’s northwest Équateur province, the WHO had just declared a previous Ebola outbreak over on July 24. It said the next day that 33 people had died in that outbreak that had been declared in early May — a relative success compared with the devastating outbreak in 2014 through 2016 in West Africa that left more than 11,300 people dead.The WHO’s response in May involved the first widespread use of the experimental Ebola vaccine rVSV-ZEBOV since testing started in 2015.On Friday, the WHO said more than 500 people, including health workers, had been vaccinated against the disease in the North Kivu outbreak. Copyright 2018 NPR. To see more, visit http://www.npr.org/.last_img read more

Would You Be Thankful or Horrified If the Emails You Got While

first_img The only list that measures privately-held company performance across multiple dimensions—not just revenue. August 25, 2017 Add to Queue Email Nina Zipkin Image credit: Shutterstock –shares 2019 Entrepreneur 360 List Would You Be Thankful or Horrified If the Emails You Got While on Vacation Disappeared?center_img Arianna Huffington really wants to make sure her employees unplug. 2 min read Next Article Americans are known for being truly terrible at taking time off. A study from careers site Glassdoor found that the average employee reported only taking 54 percent of the vacation days they had available to them. More telling is that 66 percent of those polled said that they worked while they were away.There are tons of tools out there to make your inbox a little less daunting, but if you’re always checking email, even if you’re supposed to be relaxing, that stress will still follow you to whatever beach you’ve parked yourself on.Arianna Huffington, the founder and CEO of wellness brand Thrive Global, has long been a proponent of unplugging to the point of creating on-the-nose merch — such as a $50 charging bed for your phone. Now, she’s introduced an email office tool called Thrive Away that she described in a post for Harvard Business Review.Related: The Impact Of Chronic Work Stress On Your Employees“While you’re on vacation, people who email you get a message, letting them know when you’ll be back. And then — the most important part — the tool deletes the email,” she wrote.” If the email is important, the sender can always send it again. If it’s not, then it’s not waiting for you when you get back, or even worse, tempting you to read it while you’re away.”While most companies likely won’t implement an office-wide system like Huffington’s, it’s a helpful reminder that if you don’t respond to that email right away, the world won’t come to an end. And as a business owner, if you want your employees to stay healthy and productive, it’s on you to encourage them to actually take that time away for themselves — and leave their inboxes behind. Entrepreneur Staff Staff Writer. Covers leadership, media, technology and culture. Apply Now »last_img read more