first_imgOn to statement from Media lawyer Daniel Coles. He is here to tell court that media consortium intends to apply to have cameras in the courtroom to broadcast/webcast #MengWanzhou trial.— Lasia Kretzel (@lkretzel1130) May 8, 2019Meng was arrested in December at Vancouver’s airport at the request of the United States, which is seeking her extradition on fraud charges. She has been free on $10 million bail, wearing an electronic tracking device and monitored by a security company.READ MORE: A timeline of events in the case of Meng WanzhouMeng is accused of misrepresenting Huawei’s ownership of an alleged subsidiary, Skycom, during a meeting with a bank in an effort to circumvent U.S. sanctions against Iran. Howes denies the allegations.He says the bank had knowledge of the nature of Skycom’s business and operations in Iran, and it understood the relationship between Huawei and Skycom.Tensions between China and Canada have escalated since Meng’s arrest. Just days after she was arrested, China imprisoned two Canadians.Michael Kovrig, who was on leave from Global Affairs Canada, and entrepreneur Michael Spavor’s arrests are widely seen as retaliation for the Huawei CFO’s detention.China accused the pair of acting together to steal state secrets just days after Ottawa announce it would proceed with a U.S. extradition request for Meng. However, Trudeau has dismissed the reports, saying it’s unfortunate China is continuing with the “arbitrary detentions.”Meantime, China has also banned shipments of canola and some pork imports in what is widely seen as economic retaliation for the arrest. – With files from the Canadian Press VANCOUVER (NEWS 1130) – A Chinese telecom executive accused of fraud and on house arrest in Vancouver says she’s a victim of a politically motivated “abuse of power” and wants her case thrown out.Huawei’s Meng Wanzhou was back in court Wednesday, where her lawyers argued she was illegally arrested and detained at YVR Airport on Dec. 1, 2018.“The RCMP intentionally delayed the presentation of the arrest warrant, in order to carry out the unlawful detention and search against Ms. Meng. This was done under the pretense of a routine border check,” Huawei VP of Canadian Media Affairs Benjamin Howes said outside the courthouse following proceedings.He says Meng’s charges of conspiracy, fraud and obstruction for violating U.S. sanctions in Iran are not a basis for extradition from Canada.“Canada does not impose sanctions on financial services in relation to Iran. Because of this, the allegations she faces is not a crime in Canada. Therefore, the extradition request does not satisfy the double criminality requirement,” he argued. “Political factors at play during the extradition process may lead to a serious violation of justice. Ms. Meng’s legitimate rights may also be harmed. Thus, Ms. Meng intends to apply to this Court for a stay of the extradition proceedings.”The lawyers say they will apply to have prosecutors disclose more information about the case, specifically Meng’s arrest.Wednesday’s court proceedings largely focused on when the disclosure application would be heard in court. A date was set for Sept. 23-Oct. 4 in B.C. Supreme Court. A date for a preliminary hearing for the legality of the extradition was not set, but Meng’s lawyers have requested a delay until at least mid-January 2020.None of these decisions will be made today. Today’s hearing is to schedule future court dates to make decisions re: abuse of process & disclosure. Defence says those 2 things should happen before extradition hearing because could lead to tend of litigation against #MengWanzhou— Lasia Kretzel (@lkretzel1130) May 8, 2019Meng was also granted a change in her bail conditions allowing her to move from the $5-million home she’s been staying at in the Dunbar neighbourhood to another home in Shaughnessy, which is worth twice as much. Her lawyers argued the home in Shaughnessy is larger and better protected — including a gate.On to bail changes: defence says #MengWanzhou needs one of her sureties to sell her home and she will move into her Shaughnessy residence. Defence argues Shaughnessy home is better protected. Property is larger and gated, allowing security company @lionsgateSS to do better job.— Lasia Kretzel (@lkretzel1130) May 8, 2019last_img read more

first_imgAPTN NewsThe woman who has been fighting the federal government to treat First Nations children fairly for over a decade says the new funding announced in Tuesday’s budget might bring the government into compliance with a tribunal order.But, as always, the truth is in the details.And the Trudeau government’s budget was thin on explaining how it’s going to divvy up $1.4 billion of new funding over the next five years for First Nations child welfare services.“If this amount is actually provided in future years, it could really give First Nations children a far better chance to grow up with their families,” said Cindy Blackstock, executive director of the First Nations Child and Family Caring Society of Canada.“I will be waiting to hear the details to ensure children, youth and families on the ground are seeing a positive difference in their lives.”Blackstock took the federal government to the Canadian Human Rights Tribunal over a decade ago and won in 2016, as the tribunal ruled the federal government discriminated against First Nations children by chronically underfunding programs and services.The tribunal has issued several non-compliance orders since but Blackstock said this funding announcement may bring the federal government into compliance.“It might,” she said. “I need to see the details to know if it is enough to comply.”An immediate influx of $70 million will be available until the end of April, followed by annual increases between $265-295 million.It will mean the total amount Ottawa funds for on-reserve child welfare services will jump from nearly $890 million to about $1.12 billion annually.Finance Minister Bill Morneau said in his House of Commons speech Tuesday that investments “will give better child and family service support, with a special focus on prevention, so that Indigenous children are not taken from their families and their communities.”The investment in child welfare is part of nearly $5 billion in new funding from the Trudeau government in the 2018 budget.New money is being put into several areas, including drinking water, housing and health. Self-determination programs alone will net more than $600 million over the next five years.That includes $51.4 million in the next two years for the federal government to support “Indigenous participation” at the so-called self-determination discussion tables.Prime Minister Justin Trudeau announced a new legal framework for Indigenous people about two weeks ago that is supposed to lead to self-determination and the “full and meaningful” implementation of treaties and agreements.The minister of Crown-Indigenous Relations will lead “national engagement activities” throughout the spring to determine the contents of the new framework. The government hopes to have it introduced later this year and implemented by October 2019.“This budget invests in new tools to help nations rebuild, and to accelerate self-determination and self-government based on recognition of Indigenous rights, so that our shared future is one where Indigenous peoples are in control of their own destiny, making their own decisions about their future,” said Morneau.There is new money for housing but a closer look at the budget shows the money announced in Tuesday’s budget is mostly from the previous year.Of the $1.5 billion to be spent over the next 10 years, divided up among First Nation, Inuit and Metis, all but $300 million of that comes from the 2017 budget as part of the $4 billion allocated for infrastructure.It’s just now finally being allocated.Housing critics have long said tens of billions are needed to fix the housing crisis in Indigenous communities across the country.One interesting aspect of the budget is the “distinctions-based approach” for Inuit and Metis, as well as First Nations.Through negotiations with Metis National Council, the Trudeau government has allocated $516 million over 10 years, with almost all of that going to housing. The remaining is $10 million for post-secondary education in 2018 and another $6 million for developing a health strategy.Through discussions with Inuit Tapiriit Kanatami, the federal government is funding $27. 5 million over five years to support ITK’s Inuit-specific approach to eradicate tuberculosis. As well, another $82 million for creating a permanent Inuit Health Survey.There is also a distinctions-based approach when it comes to employment with the rebranding of the former Aboriginal Skills and Employment Training Program.Nearly $2 billion will be invested in the new Indigenous Skills and Employment Training Program over the next five years. Nearly $440 million of that is new funding.Metis National Council will receive $325 million, Inuit get $161 million, urban groups (non-status) will get $213 million as part of the program.The rest goes to First Nations.There also appears to be significant investments in First Nations health. Nearly $1.5 billion will be divided among areas, such as nursing stations, addiction programs and expanding “successful models” of self-determination of health services.The budget also earmarks an additional $172 million over the next three years for drinking water. That’s in addition to $1.8 billion announced in the 2016 budget for drinking water.The new funding is supposed to speed up construction and renovate existing water systems.“We have already lifted 52 long-term boil water advisories and are on track to have all others eliminated by March 2021,” said Morneau.There was no new funding for First Nations education from kindergarten to Grade 12.last_img read more

Rabat – Germany has been elected to host the Euro 2024 football tournament after winning out over the rival bid from Turkey.UEFA President Aleksander Ceferin made the announcement at the headquarters of the European football’s governing body in Nyon, Switzerland, on Thursday, September 27.Germany was elected because it presented a safe proposal over the riskier Turkish bid that offered a chance to explore new terrain. In a report, UEFA stated that Germany had many advantages on its side, from stadiums to infrastructure and hotels, to assure a successful tournament. The report outlined concerns about Turkey’s hotel accommodation, infrastructure, and human rights.It was the fourth time that Turkey has competed for and lost the right to host the tournament after bidding to host 2008, 2012, and 2016 tournaments. After announcing the winner, UEFA’s president added: “The procedure was transparent. The voting was democratic. Every democratic decision is the right decision so I can only say I am looking forward to seeing a fantastic Euro in 2024.”The ambassador for the German bid, former Germany captain Philipp Lahm said, “We have amazing stadiums, fans who love football, first and foremost we have people who love celebrating with other Europeans.”Euro 2024 will take place in June and July, bringing together the best 24 teams in Europe, with 51 matches to play.Berlin will host the final match. The other matches will be spread over Cologne, Dortmund, Dusseldorf, Frankfurt, Gelsenkirchen, Hamburg, Leipzig, Munich, and Stuttgart. read more

Rabat – The Ministry of Education, Vocational Training, Higher Education, and Scientific Research announced that 212,169 Moroccan students have passed the exam in the June session. The statistics represent a passing rate of 65.55%.The pass rate has increased by 8 % from last year’s 57.36%. 441,065 candidates sat for the normal session of the Baccalaureate exams which took place from June 11 to 14 with. Retake exams will take place on July 4-8.The ministry said in a statement that the total number of female students who passed the exam was 121,673, representing 57.35 % of the overall number of successful candidates. The highest score in the baccalaureate exam is 19.40 out of 20 and was recorded in the Rabat-Sale Kenitra region.Read also: 70-Year-Old Moroccan Woman Takes Baccalaureate ExamLast year the highest grade in the country was 19.44 in the branches of physics and French literature in the region of Marrakech-Safi.The number of baccalaureate candidates who will be allowed to retake the exam is 134,874.There were 441,065 baccalaureate exam candidates this year, compared to last year’s  440,000 students. read more

“It is the role of the United Nations to bring to the conscience of the international community the pervasive violations of human rights that are taking place in the world and to call for a mobilization of conscience against such gross violations,” Acting High Commissioner for Human Rights Bertrand Ramcharan told the Commission on Human Rights working group against racism.The working group is meeting in Geneva to follow up on the decisions taken at the anti-racism conference in Durban, South Africa, in 2001.Mr. Ramcharan also called for galvanized efforts to respond to today’s atmosphere of fast-paced globalization and turbulence when poverty is rampant, millions of children do not have access to schooling and “the Internet is used to bring people together, but also to spread hatred, prejudice and discrimination.”Promoting and protecting human rights can help to reduce poverty, he said, adding, “Advancing the principle of equality and non-discrimination is of fundamental importance.”In a separate message to the ninth meeting of the Board of Trustees on Contemporary Forms of Slavery, also in Geneva, Mr. Ramcharan called for “new approaches and new strategies” for countering grievous violations of the human rights of hundreds of thousands of children and young women, which range from child labour to sexual exploitation and trafficking.”Contemporary forms of slavery are among the foremost issues of conscience demanding our attention in today’s world and we need to think afresh how we might mobilize international outrage against such practices,” he said, voicing hope that the Commission would consider designating a special rapporteur against trafficking in human beings. read more

“Expanding and improving education can be one of the most effective ways to reduce poverty, hunger and malnutrition,” Food and Agriculture Organization (FAO) expert Lavinia Gasperini said today. “Malnutrition rates decline with increased literacy, especially female literacy.” Research shows that a farmer with four years of elementary education is almost 9 per cent more productive than a farmer with no education. When materials such as fertilizers, new seeds or farm machinery are available, the productivity increase rises to 13 per cent. The campaign will be launched at a three-day regional workshop on “Food Security and Education for Rural People” starting tomorrow in Santiago de Chile. Organized by FAO and the UN Educational, Scientific and Cultural Organization (UNESCO), the workshop also involves the Inter-American Institute for Cooperation in Agriculture, the World Bank and the Italian Development Cooperation. The campaign is part of the global education for rural people partnership initiative, led by FAO in collaboration with UNESCO and more than 100 non-governmental organizations (NGOs), universities and other partners. It is a follow-up to the 2002 Johannesburg World Summit on Sustainable Development. Globally, 1 billion people are illiterate, about 130 million of them children. Most live in less developed regions where the majority of the 840 million of undernourished people are also concentrated. In Guatemala, for example, the country with the highest percentage of rural population in the region, adults in cities had an average of six and a half years of schooling in 1998, while the same age group in rural areas had under two years of school attendance. read more

“The Secretary-General very much condemns this attack, this murder of this journalist,” UN spokesman Stephane Dujarric told reporters in New York. “He has spoken out in the past for the need for protection for journalists who bravely do their work in difficult circumstances and we very much hope that the perpetrators of this crime will be found.” In a press statement, Ms. Arbour described Ms. Politkovskaya’s death “as a tremendous loss for the Russian Federation and for all who struggle for human rights around the world.” She said the journalist will be remembered for her force of character, her dedication and her fearless pursuit of justice on behalf of victims of human rights violations in Chechnya and elsewhere. Noting reports that Russia’s top prosecutor has taken charge of the investigation into the murder, the High Commissioner said a thorough probe conducted in accordance with internationally recognized standards of due process “will send a clear message against impunity and for the protection of human rights defenders in Russia.” read more

first_imgOne is selling for £110 A quick eBay search brings up dozens of £5 notes being sold for much more than a fiver.440 million of the notes will be printed. They are made of a thin polymer and last on average five years longer than the paper note, which is being phased out.The paper note will be accepted in shops until 2017.New notes are still being distributed, and it could take until the end of next week for all the cash machines dispensing £5 notes to get new ones. One is selling for £110Credit:eBay Want the best of The Telegraph direct to your email and WhatsApp? Sign up to our free twice-daily  Front Page newsletter and new  audio briefings.center_img Got a new polymer £5 note? Even though the streets are due to be awash with them soon, people are putting the new note up for £200 and more on eBay.The notes, released last week, are already flooding eBay for rare money collectors and people eager to get their hands on them early.Collectors are looking for notes with low serial numbers while they are still in mint condition.The first batch of new notes will have a serial number starting AA01. The Queen got the first £5 note, which is AA01 000001.Collectors are looking for notes with serial numbers starting AA01 and preferably with low six-digit serial numbers.This £5 note sold for over £200, and this one sold for £196.If you  have a new £5  note, it may be worth checking the serial number, as it could be worth money.last_img read more

first_imgA timely reminder for all of us that thought oil companies were out of the mining business long ago comes from Chevron Mining. The Pittsburg & Midway Coal Mining Co (P&M) and Molycorp, both subsidiaries of Chevron Corp, recently announced the formation of a new diversified mining company called Chevron Mining. The company said the name change is designed to provide for a better alignment with its parent company and improve market visibility for its current mining operations and future growth opportunities. Chevron Mining employs more than 1,400 people and operates five US coal and metal mines and is headquartered in Englewood, Colorado. “Bringing P&M and Molycorp together enables us to utilize their generations of experience to the benefit of our newly diversified mining operations,” said Mark A. Smith, President of Chevron Mining. “Together, we will be able to work more efficiently and reliably to maximize the value of our current facilities while looking for growth opportunities.  Founded in 1885, P&M is one of the oldest continuously operating mining companies in the USA. P&M operates two surface mines – McKinley, in New Mexico, and Kemmerer, in Wyoming, and an underground mine in North River, Alabama.Molycorp produces molybdenum and rare earth minerals. Obtained as part of the Unocal acquisition in 2005, the company operates an underground molybdenum mine in Questa, New Mexico and an open-pit rare earth mine in Mountain Pass, California. Chicago Carbon Company, also a wholly owned subsidiary of Chevron acquired in 2005, operates a 250,000-t/y petroleum coke calciner in Lemont, Illinois. The petroleum coke is used primarily in the aluminium manufacturing business.last_img read more

first_imgTHE FIRST EVER joint trade mission of Irish, British and Northern Irish representatives is currently taking place in Singapore ahead of Asia’s largest airshow.The two-day joint mission is being led by Minister for Jobs, Enterprise and Innovation Richard Bruton along with UK Transport Minister Stephen Hammond and Northern Ireland Enterprise Minister Arlene Foster and will include events in both Singapore and Malaysia.More than 60 companies, including over 40 Irish companies, are taking part in what will be four days of activities for Enterprise Ireland.The department say that the trip is Bruton’s 19th major trade or investment mission since taking office in March 2011 and is part of a commitment to double the number of trade missions over the past two years.The previous trade mission to the Gulf Region drew criticism for not addressing human rights issues in states such as Qatar and the United Arab Emirates.The itinerary of the Asian trip is expected to include meetings with with three Government Ministers in Singapore and Malaysia as well as a Central Bank Governor.The centrepiece of the trip is the Singapore Airshow which begins tomorrow at which Enterprise Ireland and UK Trade and Investment will have a joint stand.Official estimates say that there are 250 companies active in the aviation sector in the Republic of Ireland contributing about €4.1 billion to GDP with revenue in excess of €1. billion being generated in Northern Ireland.“This first joint mission has attracted an impressive list of companies from Ireland, Northern Ireland and the UK,” said Bruton.It will demonstrate our considerable combined strengths in the aerospace sector at Asia’s largest air show and lead to enhanced opportunities for our companies in this important sector and ultimately more jobs in Ireland.”Both the Irish and British Governments have said that the collaborative nature of the trip is as part of a programme of cooperation to strengthen relations over the next decade. The forthcoming trip of President Michel D Higgins to Britain in April is also part of that commitment.Read: The Taoiseach, Tánaiste and four ministers will make a visit to Paris today >Damien Kiberd: So what if Kenny and Bruton didn’t lecture Middle East on human rights? >Read: ‘You must be joking’: Higgins criticises Taoiseach over Gulf visit >last_img read more

first_img Caught on Camera: Copperhead Snakes Mate on Bike TrailRare Two-Headed Timber Rattlesnake Spotted in New Jersey A woman’s gas station trip took a surprising turn when she found a live snake slithering across the touch screen at her pump.On Wednesday, driver Holly Malkames noticed something unusual inside the touch screen at the Minit Mart gas station in Gardner, Kansas, Newsweek reported. Malkames shared a video of the snake incident on Facebook, which has received 35,000 views so far. Stay on targetcenter_img At first, Malkames thought there was some rubber material falling inside the touch screen and when it started moving around, she then assumed that the reptile was a digital video.“Know how some of the stations have those videos on there? I thought it was one of those,” Malkames told KCTV 5 News. “Like, a trick.”However, when the snake’s head appeared inside the touch screen, Malkames realized that it was actually a serpent squirming around behind the glass. Malkames did finish filling up her car, but she went inside to notify a store clerk, who later removed the snake from the touch screen.Snakes are hanging out in the most unexpected places lately: Last month, a woman woke up to find a snake lounging on her arm in her hotel room in Tennessee. The snake, which had a green color, didn’t seem to be phased by her, however, she called the hotel’s front desk for some reptile assistance. Pest control came to take away the snake from the space.More on Geek.com:Woman Wakes Up to Find Snake ‘Lounging’ on Her Arm in Hotel RoomLouisiana Officials Warn of Snakes, Alligators in Flood Waters Exotic Snakes Caught Wandering Around North Carolina Marine Baselast_img read more

first_imgFormer Everton manager David Moyes believes he could have challenged for the title if he had a quality striker during his time at Goodison Park.Moyes led Everton to six top-six finishes in his 11 years at Goodison Park before he took charge at Manchester United in 2013.In his last season at Everton, they lost only seven times and drew 15 times which was the most that season.Moyes believes a prolific striker could have made them genuine title contenders.Premier LeaguePremier League Betting: Match-day 5 Stuart Heath – September 14, 2019 Going into the Premier League’s match-day five with a gap already beginning to form at the top of the league. We will take a…He told Sky Sports: “I was here for 11 and a half years, and I think by the time we finished, we had a great team. I think our style was as good as anyone.“We were probably a centre-forward away from being contenders for the Premier League. We had Mikel Arteta, Steven Pienaar, Leighton Baines, Seamus Coleman, Sylvain Distin, Phil Jagielka, you could go on with the players we had. It was a terrific team.”last_img read more

first_imgFacebook Twitter Google+LinkedInPinterestWhatsAppProvidenciales, 18 Sept 2015 – The ‘In The Pink’ campaign is announced and is set to be the largest event of TCI’s Cancer Society year during the month of October. The shopping extravaganza brings mainly women together to make stylish purchases in one of the top resort suites in the Turks and Caicos with proceeds going to the Cancer patients in the TCI. President of the National Cancer Society, Rosemary Jolly, said there are approximately 191 people who receive financial assistance and moral support from the organization; of that, 45% are breast cancer patients. During a press conference held at the Regent Palms Thursday, In the Pink, which is in its seventh year was described as a campaign that donates a significant amount of money to the Society; between $20-25 thousand dollars was raised to aide in cancer patient care.‘In The Pink’ coordinator and brain-child, Karen Whitt spoke about the purpose of the event saying, “it was created to raise cancer awareness in particular breast cancer awareness, as well as a fundraising initiative for contributing to those in need.” Whitt mentioned some of the fun things this year at ‘In The Pink,’ such as a partnership with Lee Ingham of KONK Apparel who created a specially designed t-shirt for ‘In The Pink’ which is slated for October 10, 2015 at the Regent Palms. Whitt shared that 100% of the proceeds will be donated to the cancer society. Also on the list of activities, an ‘In The Pink’ after party where both men and women can join in the fun for a worthy cause. Related Items:cancer, in the pink, karen whitt, national cancer society, rosemary jolly Facebook Twitter Google+LinkedInPinterestWhatsApp Recommended for you In the Pink attracts hundreds Brazil & Argentina are coming to Turks and Caicos TCI Shines joins National Tourism Month activity calendarlast_img read more

first_imgEnlarge ImageKevin Durant wearing Master & Dynamic headphones. www.instagram.com/leaguefits Kevin Durant may be sidelined with a calf injury as his Golden State Warriors face the Portland Trailblazers in the Western Conference Finals of the NBA playoffs, but he’s still making business moves. Thirty Five Ventures, the company Durant owns with sports business executive Rich Kleiman, has announced that it’s become an equity partner in New York-based Master & Dynamic, an audio company known for well-crafted headphones featuring premium materials and excellent sound.  “In addition to having part ownership in Master & Dynamic, the full partnership will also see Durant and Thirty Five Ventures work with the company on creative, design and building out the intersection of sports and music,” according to Master & Dynamic. Recently Master & Dynamic released its first noise-cancelling headphone, the MW65 ANC, and in June, the company says a special edition “Studio 35” version will hit stores in a color design that Durant selected. It’s unclear what those colors will be and whether they’ll offer any hints as to where Durant will play next year. He can opt-out of his contract at the end of the season and New York and Brooklyn are possible destinations — or so Knicks and Nets fans hope. Read: CNET’s full review of the Master & Dynamic MW65 ANCWe reached out to Durant for comment through Master & Dynamic and Thirty Five Ventures, but didn’t hear back from him. We were wondering what specifically drew him to the headphone brand. He’d been previously seen wearing Beats, which last year became the official headphone of the NBA. Unlike Beats, which are known for their strong bass, Master & Dynamic headphones feature a more balanced audio profile that’s more geared toward audiophiles. As part of the press release announcing the deal, Durant did have this to say about the partnership:”Master & Dynamic has been elevating the audio game since they launched in 2014 and I felt that they were a company I had to get involved with. Music is such a huge part of my life that their products have become an important part of my day to day, and I’m looking forward to some amazing collaboration between our teams.”For some reason Master & Dynamic didn’t have a professionally shot photo of Durant wearing the company’s headphones available for the announcement (the above photo is from Instagram). But the company did recently feature his mother, Wanda Durant, in a Mother’s Day blog post that’s worth reading.wanda-durant-1Enlarge ImageWanda Durant wearing the Master & Dynamic MW60. Master & Dynamic Share your voice 20 Photos Master & Dynamic MW65 ANC 0 Post a comment Tags Mobile Accessorieslast_img read more

first_imgListen 00:00 /04:00 Share To embed this piece of audio in your site, please use this code: Harvard professor and author Todd Rose recently talked about the idea of the end of averages in education at the Houston A+ Challenge speaker series.In school, students often get graded on a bell curve. Most of them land in the middle with an average grade.But Harvard University professor Todd Rose says that schools should learn from other sciences: that there’s no such thing as average. News 88.7 Education Reporter Laura Isensee talked with Rose about that and other education matters when he recently visited Texas as part of the Houston A+ Challenge speaker series.Here are three highlights from the conversation:Why is there no such thing as average: “It sounds like bumper sticker slogan, right? But it’s a deep idea from science, that when you use group averages around anything, it almost always represents next to nobody. It tends to be an artifact. We’ve based our society around this idea that there’s an average person when in fact there’s not.What other fields have gotten away from averages: “Most of our history we’ve thought there was an average pathway for most cancers, right? And we made treatment based on that. Now that we get away from averages there and focus on individuality, we’ve realized there’s always more than one pathway for any given cancer. And it’s allowed us to increase treatment and survival rates beyond what we could have ever done before.”What does personalized learning mean to him: “I’m a professor at Harvard now. But I also fell out of high school with a 0.9 GPA and ended up on welfare and married with two kids, working minimum wage jobs for a few years before trying to turn my life around. That turning my life around included getting a GED and believing in the redeeming power of education to change lives and life outcomes. My ability to change who I was as a learner and therefore change my life’s trajectory fundamentally came down to knowing myself, for who I was as a learner. It didn’t matter on average what people said learning should be like. I found very quickly if I didn’t know who I was, as an individual, I couldn’t make choices that were good for me.” Xlast_img read more

first_imgKolkata: Workers of Burn Standard Company Limited staged a demonstration outside the factory in Howrah protesting against the Centre’s decision to close down the company.Trinamool Congress workers and supporters led by Arup Roy, the state Cooperation minister, also protested outside the factory in Howrah. The decision to close the factory was taken considering the poor physical and financial performance of the company in the past 10 years. The protest continued for several hours and they demanded withdrawal of Also Read – Heavy rain hits traffic, flightsthe decision. Besides the permanent ones, there were temporary workers in the factory as well. In that case, the future of the temporary workers remains in dark as to what they would do with the closure of the factory. Hundreds of Trinamool Congress supporters and workers gathered outside the factory and staged a demonstration as a support to the workers and against the decision of the Centre to close it down.It may be recalled that Chief Minister Mamata Banerjee had repeatedly protested against the steps to close the factory and the state government had even written to the Centre requesting steps for revival of the company. Moreover, an all-party resolution was also passed in the state Assembly against the Centre’s attempt to close Burn Standard Company Limited. Congress, Left Front and Gorkha Janmukti Morcha MLAs also extended their support protesting against the attempt after Partha Chatterjee, the Parliamentary Affairs minister, had raised the issue of the Centre’s “politically motivated” move to close down the factory.last_img read more

first_img Coffee snobs are rarely happy in offices.“That’s because the vast majority of automatic machines don’t deliver the most essential elements to brewing good coffee,” says Emma Sage, coffee science manager at the Specialty Coffee Association of America, the country’s coffee police. “They heat the water too much or not enough, don’t give the water enough contact time with grinds and often cannot hold the proper dose of coffee without overflowing.”But the SCAA does certify a rare few automatic makers for creating perfect joe—and one of the best is the Oxo On 12-Cup Brewing System. The secret: a removable kettle (meaning the hot water is available for tea, too) that exactingly portions water to hit the grinds during the brew cycle. Bonus: Its 12-cup capacity minimizes office fights over the last drops. ($299; Amazon.com) 1 min read Free Webinar | Sept 5: Tips and Tools for Making Progress Toward Important Goals September 22, 2016 Attend this free webinar and learn how you can maximize efficiency while getting the most critical things done right. This story appears in the March 2016 issue of Entrepreneur. Subscribe » Register Now »last_img read more

first_imgNo related posts. In developed economies, banks are being squeezed by ultra-low interest rates. Due to either the U.S. Fed’s attempt to stimulate employment by holding that institution’s interest rates near zero, or to European economies in recession or de-pression, bank lending rates in dollars are at historically low levels.This year’s LIBOR scandal, in which several big multinational banks have paid fines for manipulating the benchmark international lending rate, in part reflects the fact that banks can make more money when interest rates are high, due to broader interest-rate spreads (the difference between the average deposit rate that they pay and the average lending rate that they charge borrowers).In Costa Rica’s dual colón-U.S. dollar economy, dollar rates for both deposits and loans are also at record lows. But an odd situation persists with colones. For 30 years before 2007, the colón devalued against the dollar, first violently in the early 1980s, then at a steady 11 percent annual rate starting in 1987. And prior to 2011, the Central Bank was never able to hold colón inflation below double digits. Given this past steady devaluation and high inflation, it was natural that colón interest rates had to be much higher than dollar interest rates, to get people to hold and invest in colones instead of dollars. But since 2007, annual devaluation slowed and reversed, with the colón actually gaining value against the dollar in the last few years, settling at its current exchange rate near ₡500 to the dollar. And in 2011, based on this exchange stability, the Central Bank finally tamed colón inflation, bringing it down to 5 percent. If you look at this week’s Tico Times Economic Activity Report of local bank dollar and colón interest rates, you will see dollar 6-month CD rates at 2.15 percent, against a colón rate of 8.54 percent. On the bank loan side, the average dollar loan rate is 10.87 percent, versus a whopping 20.31 percent for colón loans. These huge differences between colón and dollar rates are in line with the long-term historical norm. But why do they continue, given that the historical pattern has changed? The colón has stopped devaluing against the dollar, and colón inflation is down to a projected 5 percent or lower for this year. The Central Bank is now having to support the ₡500 exchange rate to keep it from falling lower, and expected pressures on the exchange rate for the next couple of years are anticipated to be downwards instead of upwards.In a speech last Sunday, Costa Rican President Laura Chinchilla took the Costa Rican state banks to task for high colón interest rates, in view of the damage done by these rates to the pocketbooks of average citizens with home, car and credit card debt. Costa Rican banking, especially on the popular consumer level, is dominated by three state-owned banks, which were nationalized in 1948 under the justification that banks should serve national development and not line the pockets of private owners. Over the years, the state banks became bureaucratic and economic black holes, and piggybanks for corrupt politicians. They got so bad that in the ’80s Costa Rica was forced to bring back private banking to force the state banks to reform through competition. This resulted in the mixed public-private banking system Costa Rica now has, which, thanks to first-class supervision by the Banking Superintendency, serves Costa Rica well.But against all financial logic, the state banks, which are backed by the full faith and credit of the government of Costa Rica, pay higher deposit interest rates than the private banks, which have no government guarantees beyond supervision. The state banks, which dominate Costa Rica’s financial market by volume, have increased the “Basic Passive Rate” (BPR), the Costa Rican equivalent of the U.S. Fed’s benchmark prime rate, up from 8.5 percent a year ago to 10.25 percent today (down from 10.50 percent in September). The government of Costa Rica is bringing its bond sales under control, and has ceased its upward pressure on local interest rates. With the recently approved Eurobonds Law, the government will begin going to international markets for an important portion of its financing, further reducing colón interest rate pressure. In view of this, the persistently high BPR is looking more and more like the Costa Rican state banks’ own mini-LIBOR scandal: a benchmark rate kept artificially high to increase bank margins, at the expense of the loan-paying public.Fernando Naranjo, general manager of Banco Nacional – the 800-pound gorilla of the state banks – criticized Chinchilla’s complaints about high colón interest rates as coming from a non-economist. But it so happens that the government names the board of directors of state banks. And, given exchange stability and low colón inflation, state banks don’t have any economic argument to justify paying higher interest rates than private banks. Chinchilla is fully capable of moving beyond “jawboning” to force state banks to curb their self-serving high colón interest rates. Expect colón interest rates to drop in the coming months. Apart from the negative effect on the loan-paying public, there is an even darker side to consider. Current low dollar interest rates and high colón interest rates, coupled with exchange stability and pressure for revaluation of the colón, are a magnet for speculators. The bet, right now, is simple and low risk: exchange dollars into colones, collect the high interest rates, and then convert back into dollars. If the colón revalues, you get a revaluation kicker on top of the high interest rate. Many small, aggressive investors are probably already doing this, contributing to the downward pressure on the colón-dollar exchange rate. Suppose a rogue international hedge fund, with capacity to move money in hundreds of millions of dollars, looked at Costa Rica’s financial market situation and decided to place this same bet in massive amounts. Such money flows could wreak havoc with Costa Rica’s foreign exchange and money markets. Costa Rica would be in big economic trouble. Facebook Commentslast_img read more

first_img Top Stories FILE – In this Wednesday, Sept. 17, 2014 file photo, rescue workers search for survivors in the rubble of a collapsed building belonging to the Synagogue Church of All Nations in Lagos, Nigeria. The Synagogue Church of All Nations of televangelist T. B. Joshua on Thursday, July 9, 2015 rejected a coroner’s report recommending prosecution of the Nigerian church and two structural engineers in the collapse of a church building that killed 116 people, most of them visitors from South Africa. (AP Photo/Sunday Alamba, File) Comments   Share   New Valley school lets students pick career-path academies Ex-FBI agent details raid on Phoenix body donation facility Sponsored Stories Mesa family survives lightning strike to home Four benefits of having a wireless security systemcenter_img Fatal building collapses occur frequently in Nigeria because corruption and bureaucratic delays lead to shoddy infrastructure.Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. In a verdict Wednesday, Magistrate Oyetade Komolafe said the Sept. 12 church building collapse was caused by “structural failure due to the combination of designs and detailing errors.”Komolafe said the victims were 85 South Africans, 22 Nigerians, two citizens of Benin and one from Togo. Another six bodies were unidentified, he said.The remains of only 74 South Africans made it home, and then only two months later. There was no explanation for the discrepancy, one of many that dogged the tragedy that soured relations between Nigeria and South Africa.The church said Thursday that it maintains the collapse at its sprawling campus on the outskirts of Lagos, Nigeria’s ocean-side megacity, was caused by the overflight of a mysterious plane possibly connected to Islamic extremists.“The church maintains its stand that the incident was as a result of sabotage,” its statement said.The coroner recommended prosecution for “criminal negligence” of structural engineers Oladele Ogundeji and Akinbela Fatiregun of HardRock Construction Co. Ltd.He said the church should be investigated and prosecuted for its failure to obtain building permits. The church said it had begun that process. LAGOS, Nigeria (AP) — A Nigerian televangelist’s church on Thursday rejected a coroner’s report recommending prosecution of the church and two structural engineers in last year’s collapse of a building that killed 116 people, most of them visitors from South Africa.In a statement, the Synagogue Church of All Nations of televangelist T. B. Joshua called the report “unreasonable, one-sided and biased.” Check your body, save your life Here’s how to repair and patch damaged drywall Top ways to honor our heroes on Veterans Daylast_img read more

first_imgReport: Oil-Rich States Could See Housing Price Drop in Daily Dose, Data, Featured, News On Wednesday, California-based Arch Mortgage Insurance Company joined a growing list of real estate industry watchdogs warning that home price values could start declining in oil-producing states in the next two years. According to the firm’s latest Risk Index report, North Dakota, Oklahoma, and Texas continue to have “elevated risks” of home price declines before 2020, due almost entirely to their prominence in the oil sector.“Our data shows that states with high levels of employment in the oil extraction and related industries continue have high risk scores,” said Ralph DeFranco, senior director of risk analytics and pricing at Arch MI. This, added DeFranco, is in counterbalance to an otherwise rosy forecast regarding the growth of home price values in most markets nationally.The national average risk score for home price declines in most markets, according to the index, is holding at a steady 8 percent (since February) DeFranco said. However, North Dakota, Oklahoma, and Texas, the report found, each are at a 33 percent risk of seeing home prices drop.Texas has the two most at-risk metro areas, Dallas and San Antonio. Each area, DeFranco said, has about a 42 percent chance of price declines in the next two years. Austin and Houston, the latter of which is poised to become the energy industry capital of North America, have also become riskier metro regions, with the likelihood of imminent price drops now both above 30 percent. Arch attributed this in addition to relatively high home prices compared to income in Austin and Houston.That said, home prices in these areas are well above their historic long-term trends, so “affordability remains a concern,” the report stated. And while employment is currently solid, “the effects of the drop in oil prices are just starting to emerge.”In terms of states, Mississippi joined Oklahoma and Texas as a more risky region. Whereas in Arch’s February index report, Mississippi could expect a 7 percent chance of price drops in the next two years, it’s risk factor is now 18 percent.  On the other hand, Louisiana saw its risk score decline from 35 percent to 27 percent, due to increases in home prices and the decline of loans in foreclosure, the report stated.Arch’s predictions are similar to those by S&P/Case-Shiller and FNC, which also have made the connection between falling oil revenues and expected declines in home prices, particularly in Houston. Arch Mortgage Insurance Home Prices Oil-Rich States Risk Index 2015-04-29 Scott_Morgancenter_img April 29, 2015 441 Views Sharelast_img read more