Row fuels fears of currency war
Thursday 16 September 2010 9:15 pm KCS-content Show Comments ▼ whatsapp THERE were growing fears of a global trade war last night after the world’s largest countries clashed over currency policies aimed at protecting their own faltering economic recoveries at the expense of others.In his strongest words yet on America’s long-running dispute with China over the value of its currency, US treasury secretary Tim Geithner went on the attack saying the undervaluation of the yuan, which has risen just 1.25 per cent against the dollar since Beijing announced the end to its currency peg in June, was boosting Chinese exports and encouraging a jobs and production outsourcing exodus from the US.Meanwhile, Japan yesterday remained defiant following its first currency intervention in six years with Prime Minister Naoto Kan warning the government was ready to sell more than the estimated £11.2bn of yen it flooded the market with on Wednesday, if the initial efforts to push down its currency from its current 15-year high against the dollar were ineffective. In a last-ditch bid to reverse the widening US trade deficit with China, Geithner, speaking at the Senate banking committee, pledged to use “all the tools we have” including World Trade Organisation rules on fair trade and protecting US intellectual property, but stopped short of openly threatening trade sanctions.Geithner’s tough talk was aimed at relieving mounting voter anxiety about the economy ahead of the November mid-term elections.There are fears the global currency order is disintegrating with countries breaking ranks to use 1930s-style devaluation to boost exports and shore up their own economies. Senate Banking Committee Chairman Christopher Dodd told Geithner the time for action was “long overdue.”“There’s no question that the economic and trade policies of China represent clear roadblocks to our recovery,” he said.But Sander Levin, chair of the US House Ways and Means Committee, said the “deeply disturbing” decision to give Japan a free pass to intervene, would make it harder for the US to persuade China to curtail such activity. A trade war between the world’s two largest economies would be a serious blow to Obama’s effort to ease strains on a range of economic and foreign policy disputes. The Obama administration wants to pay homage to American resentment over Chinese trade practices but must avoid alienating Beijing, whose diplomatic support is needed to tackle nuclear standoffs with Iran and North Korea. Share
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Email Address Marketing & affiliates 13th August 2018 | By contenteditor Newly licensed firm wants to shake things up with its Giselle solution Dench targets UK marketing automation revolution AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Dench eGaming Solutions wants to bring a new level of marketing sophistication to turnkey gaming products after announcing its launch in the UK.The Bulgaria-headquartered company, which is already operational in its home country and Latvia, has been awarded a remote supplier’s licence in the UK.As well as its Dench Core white label platform, it will also bring its real-time automated solution, Giselle, to the UK market, and believes its “strict focus” on automated bonusing and engagement on any customer action sets it apart from existing rivals within the space.“The power of Dench’s products is the freedom and flexibility it gives to marketers and operational people, which were once trapped in long and expensive promotional roadmaps and juggling excel sheets exported from different backends,” chief opertaing officer and co-founder Adrian Toshkov told iGamingBusiness.com.“We’ve brought forward an architecture which bundles up core platform components, so users have a cohesive, omni operational experience across the platform — from finding easily customer data and transactions and identifying new segments to building influential real-time bonus campaigns, and getting them live, fast really fast.“With our real-time automated solution, Giselle operators can give bonuses and automate engagement on any customer action. This is something, I believe, no one is really offering at the moment.”Dench was founded in January 2016 and has offices in the Bulgarian cities of Sofia and Varna. It is already working with 138.co.uk and Klondaika.lv, and is now prioritising partnerships with B2B clients looking to extend their presence.The Dench platform boasts multi brand management, a single wallet and an integrated sportsbook that offers 20,000 live events per month.Dobromir Mitev (pictured), Dench chief executive, said: “Moving into new regulated territories is one of our main goals as it supports the investments we have made in our compliance and responsible gaming infrastructure.“We stay committed to provide and deliver the highest possible security standards in a safe environment while maintaining our agility and ‘hands on’ approach in the development of new features which is one of our primary goals and we believe this will not remain unnoticed in every new market we enter.” Tags: Online Gambling Regions: UK & Ireland Subscribe to the iGaming newsletter Topics: Marketing & affiliates Strategy Tech & innovation
Face coverings must be worn in all indoor and outdoor areas of both the Green Zone and Owner Zone, from the point of arrival at the course day until exiting the venue. The fixture list covers the period from 1 January to 30 April, with a total of 448 fixtures – 246 jump meeting and 202 flat fixtures – set to take place during the period. This is only three less fixtures than in the same period last year. “Although the current unprecedented levels of uncertainty make planning for the future challenging, the publication of a fixture list and minimum prize money levels for the first four months of next year provides the sport with clarity over racing’s plans for the immediate future,” BHA chief operating officer Richard Wayman explained. 23rd October 2020 | By Robert Fletcher Some exceptions will apply, including when eating or drinking, travelling alone in a vehicle, showering or changing, and when attendees are asked to identify themselves. In addition, Wayman paid tribute to the Horserace Betting Levy Board (HBLB), which this week announced that it had agreed to contribute £31.9m in funding towards the first four months of racing in Great Britain in 2021. Sports betting “We are particularly grateful to the HBLB for their continued financial support which has enabled us to confirm that pre-Covid minimum values will remain in place for mid and lower-tier races, whilst also retaining the appearance money scheme that is popular with many owners,” he said. The British Horseracing Authority (BHA) has announced that face masks will become mandatory at all fixtures in Great Britain from 26 October. “We continue to discuss with government a consistent approach to allowing sporting events to go ahead with spectators as soon as possible but in developing the fixture list for the beginning of next year, we have focussed on creating a schedule that maximises off-course betting turnover and, where possible, reduces the costs of staging fixtures.” Attendees will only be required to wear a non-medical mask, but workers such as medical and cleaning staff will still need to wear certified or higher grade personal protection equipment, in line with the existing rules. “Our behind closed doors model and the vigilance of our participants and officials has enabled racing to return safely, with no evidence of transmission of Covid-19 on the racecourse,” BHA chief medical officer Dr Jerry Hill said. Tags: Horses BHA Meanwhile, the BHA has announced its fixture list for the first four months of 2021. The organisation said this has been developed with a view to maximising revenue to help racing through the Covid-19 crisis, while also safeguarding participant wellbeing. Face masks to become mandatory at British racing fixtures “With cases rising across the country and more areas subject to local lockdowns and restrictions, we believe that making face coverings compulsory for all attendees – except, of course, where exemptions apply – is a sensible and necessary precaution to bolster our existing protocols and help keep everyone safe.” Wayman added the BHA will continue its talks with the government over the possibility of fans returning to fixtures when the Covid-19 situation eases. AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter The measure, the BHA explained, has been introduced to protect racing attendees amid rising novel coronavirus (Covid-19) cases in Britain. All racing events were postponed in March, in line with Covid-19 restrictions put in place the British government, but were permitted to resume behind closed doors from 1 June, with only jockeys, BHA officials and broadcast staff able to attend. Topics: Sports betting Regulation Sports betting regulation Subscribe to the iGaming newsletter Regions: UK & Ireland Previously, only certain attendees had been required to wear a face covering, but this will now be extended to all individuals at any meeting for the foreseeable future. Email Address
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Rupert Hargreaves has no position in any of the shares mentioned. The Motley Fool UK has no position in any of the shares mentioned. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. See all posts by Rupert Hargreaves Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. Rupert Hargreaves | Sunday, 21st June, 2020 Enter Your Email Address This year’s March stock market crash caught many investors by surprise. And so did the subsequent stock market rally. Indeed, at the time of writing, the FTSE 100 is up nearly 30% from its March lows.Technically, this suggests the stock market has re-entered a bull market. Analysts generally believe that a gain of more than 20% from the lows marks a bull market, while a decline of 20% or more is interpreted as a new bear market.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…However, while investor sentiment seems to have improved dramatically over the past few months, the coronavirus crisis is still rumbling on. This could cause further market volatility in the weeks and months ahead.Yet another stock market crashAs the economic pain of the coronavirus crisis continues to mount, risks are growing for the stock market. The market cannot continue to rise forever if fundamentals continue to deteriorate. With this being the case, it might be sensible for investors to prepare for yet another market crash.There are several strategies investors can use to do this. Some might decide to hold assets like gold or Bitcoin as an alternative to stocks. While these assets have their uses, they may not be the best to own to weather another stock market crash. When the market collapsed earlier this year, the price of Bitcoin and gold also fell.Another strategy could be to hold cash. This may have some merits. After all, investors should always have some cash on hand to cover any unforeseen emergency expenses.However, holding too much cash can hurt long-term investment returns. With interest rates close to record lows, investors may become worse off over time due to the effect inflation may have on cash holdings.The best strategy to prepare for a stock market crash, in my view, is to own a broad basket of high-quality stocks with strong balance sheets, as well as some cash. It’s impossible to time the stock market. So it doesn’t make much sense to try.Hedge your betsTrying to predict when the next crash will arrive could be a waste of time. Indeed, while many analysts think one could be just around the corner, that’s not guaranteed. The market could continue to rise for the rest of 2020.The best way to hedge your bets may be to own high-quality stocks while keeping some cash on hand to take advantage of a stock market crash if it arrives. Buying shares at low levels while they offer a margin of safety could generate significant returns for investors over the long run. Following such a strategy has yielded positive results in the past.Although at present there are significant risks facing investors over the short run, in the long term, the stock market is likely to recover.Therefore, buying a diverse range of companies today, and adding to positions if a second stock market crash arrives, could allow investors to increase the size of their financial nest egg over the long term.
Year: Court House / moad Pristeel India ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/915633/court-house-moad Clipboard Forever Techonologies Lighting: Court House / moadSave this projectSaveCourt House / moad Architects: moad Area Area of this architecture project Paneerselvam and Parthasarthy and co Contractor: ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/915633/court-house-moad Clipboard 2017 CopyHouses•Vandalur, India
Area: 3600 ft² Year Completion year of this architecture project Photographs Photographs: Niveditaa Gupta “COPY” Structure: “COPY” ArchDaily Houses Design Team:Mahesh Radhakrishnan, Jaya Sriram, Parvaty Balagopal, Ksheeraja Padmanaban, Harivardhan, Sarvesh Ganapathy, Daniel Galdston, Hari Krishnan, Shveta Mohan, Senthil, Nawin Saravanan, MuthukumarClient:A Srivathsan & AnandhiCity:VandalurCountry:IndiaMore SpecsLess SpecsSave this picture!© Niveditaa GuptaRecommended ProductsDoorsStudcoAccess Panels – AccessDorFiber Cements / CementsSwisspearlSwisspearl Largo Fiber Cement PanelsDoorsVEKADoors – VEKAMOTION 82DoorsdormakabaEntrance Doors – Revolving Door 4000 SeriesText description provided by the architects. The brief had two streams of thought that shaped the imagination about the house. One is how it should be built and two is what it should have. The former should be a house that sits lightly on earth and the later is experiential charm of an ancestral house (South Indian) with a court.Save this picture!© Niveditaa GuptaSave this picture!Save this picture!© Niveditaa GuptaOur intent was to adapt a court for an urban context that carries the spirit of traditional houses yet responds to contemporary values and issues.Court House is a spatial void with a memory embedded on its exterior through material and interior through spirit of space.Save this picture!© Niveditaa GuptaWe used reclaimed bricks salvaged from old houses that were being demolished in Chennai and it’s surrounding, to give way for apartments. Court House is built with bricks aged between 15 to 70 years, and were salvaged from more than 40 demolition sites and tested for compressive strength. The exterior of Courthouse stands as an expression of a collage of these bricks of different ages. Today their second life continues.Save this picture!© Niveditaa GuptaOn the inside is a spatial void, organized around a narrow open to sky court, reminiscent of traditional courtyard houses of south india. At the entry foyer is a stair to first floor housed in an unusually steeped pitched roof.The paring of the court and the steeped roof runs the entire length of the house and it is their relationship that holds the rooms together. Places to sit and lie down flow into the edges of the walls in living and entry foyer.Save this picture!© Niveditaa GuptaSpartan in its finish, walls are made of oxide plaster and doors are reclaimed. Windows are made of industrial ‘z’ mild steel sections and floors are semi polished ‘mandana’ slabs. At every stage of the project a sense of lived in was the single point agenda. Memory and materials were woven to create this.Save this picture!© Niveditaa GuptaProject gallerySee allShow lessPavilion Between Trees / Branch Studio ArchitectsSelected ProjectsTaiwan Chiao Tung University ICT Workshop / Hsu Wei-YangSelected Projects Share Save this picture!© Niveditaa Gupta+ 23Curated by Clara Ott Share CopyAbout this officemoadOfficeFollowProductBrick#TagsProjectsBuilt ProjectsSelected ProjectsResidential ArchitectureHousesVandalurIndiaPublished on April 23, 2019Cite: “Court House / moad” 23 Apr 2019. ArchDaily. Accessed 11 Jun 2021. 
Follow the news on Vietnam VietnamAsia – Pacific Three more independent reporters arrested in Vietnam Organisation April 22, 2021 Find out more Vietnam sentences journalist Tran Thi Tuyet Dieu to eight years in prison VietnamAsia – Pacific News RSF laureates support jailed Vietnamese journalist Pham Doan Trang Receive email alerts February 12, 2007 – Updated on January 20, 2016 Pro-democracy lawyer tried by people’s court
RSF_en April 7, 2021 Find out more April 27, 2021 Find out more Help by sharing this information News to go further The authorities mobilised some 200 residents in the Hanoi district of Bach Khoa on 8 February to act as a “popular court” to try pro-democracy lawyer Nguyen Van Dai on a charge of “betraying his country.”Dai was not allowed to speak during the two and a half hours that the “trial” last. The “popular court” finally demanded the withdrawal of his licence to practice law and the closure of his law office.This kind of popular justice is used to publicly humiliate government opponents. District representatives controlled by the police take turns before the court to condemn the dissident’s activities. There is nothing official about the trial or verdict, which serve only to discourage opponents from continuing their activities.Despite threats and pressure, Dai refused to sign the minutes of the trial drawn up by the court.Dai and five other dissidents were arrested and questioned by police on 3 and 4 February. Dai regularly posts pro-democracy essays on websites based abroad, and defends imprisoned cyber-dissidents.—————————5.02.07Free expression advocate Nguyen Van Dai detained and harassedReporters Without Borders today called on the Vietnamese authorities to stop harassing a group of democrats after Nguyen Van Dai, a pro-democracy lawyer who defends imprisoned cyber-dissidents, was detained and questioned by police on 3-4 February at the same time as five other activists.“The government slightly relaxed its control of the media and the Internet to facilitate Vietnam’s entry into the WTO and to improve its image before last November’s APEC summit, but now that the international pressure has eased, it is trying to stifle the fragile pro-democracy movement,” Reporters Without Borders said. “It is vital to support Nguyen Van Dai and his fight for free expression.”Dai, 38, was arrested at his Hanoi law office along with five other people, including fellow lawyer Le Thi Cong Nha and Bach Ngoc Duong, an engineer. They were all released later the same day or the next day, but the police told them they would be summoned for further interrogation. The authorities accuse the group of forming “an organisation aimed at overthrowing the government.”Dai regularly posts pro-democracy essays on websites based abroad. Last June, shortly after the 10th Congress of the Communist Party of Vietnam, he wrote an article on the “right to found a party in Vietnam” for the BBC’s Vietnamese-language website. This immediately led to a summons from the police.Dai was one of the first signatories of the founding document of Bloc 8406, a pro-democracy movement that emerged last April. He is a member of the editorial board of the independent newspaper Tu Do Dân chu (Freedom and Democracy), which was launched last August and which is distributed in the larger cities. He recently spoke out in defence of American cyber-dissident Thanh Cong Do (Nam Tran), who was detained for several days in September.The authorities are currently harassing all known political dissidents, including Dr. Pham Hong Son, who has been under police surveillance since his release from prison on 30 August.——————-Create your blog with Reporters without borders: www.rsfblog.org News News
December 13, 2013 – Updated on January 20, 2016 Journalist covering women’s protest arrested in Djibouti suburb News News Help by sharing this information Organisation DjiboutiAfrica Djibouti: Detained reporter’s home searched, Facebook account hacked to go further News RSF_en August 4, 2020 Find out more
Follow the news on Djibouti December 9, 2020 Find out more Reporters Without Borders has learned of the arrest by police yesterday morning of Mohamed Ibrahim Waiss, a reporter for the La Voix de Djibouti newspaper and website, while he was covering a women’s demonstration in the Buldhuqo neighbourhood of the working class Djibouti suburb of Balbala.“We call for the immediate release of Mohamed Ibrahim Waiss, who was arrested while he was doing his job and should not be in prison,” the press freedom organization said.“This arbitrary arrest is the latest in a series of intimidation attempts in recent weeks. It is part of a clear attempt to muzzle voices that may convey any information unfavourable to the government of President Ismail Omar Guelleh, which constantly censors independent news outlets in defiance of Djibouti’s national laws and international undertakings.”According to information received by Reporters Without Borders, the journalist is held in very poor conditions at the police station in the 4th district of Balbala. His equipment and cell phone have been seized.Mothers in Buldhuqo, a neighbourhood that was recently demolished by the government, were demonstrating to demand the government honour its promise to provide them with building plots in another neighbourhood.The arrest is the latest of many directed against independent journalists and opposition activists.On 7 December, another journalist from La Voix de Djibouti, Farah Abadid Hildid, who is a member of the Djibouti Human Rights League and the opposition MRD party, was arrested by police for no obvious reason.Two more journalists from the same news organization, Moustapha Abdourahman Houssein and Sadam Ainan Darar, were picked up and beaten up by the police on 4 December while they were covering a police raid on stallholders in the Maka Moukarama market, which is operated by a relative of the president and his wife. Waiss and five other members of the La Voix de Djibouti staff including Houssein and Hildid spent more than four months in Djibouti’s Gabode prison in 2011.Djibouti is ranked 167th of 179 countries in the 2013 World Press Freedom Indexcompiled by Reporters Without Borders. DjiboutiAfrica News Receive email alerts Another Voix de Djibouti reporter arrested in Djibouti City La Voix de Djibouti is not run by “opposition illiterates,” RSF says July 17, 2020 Find out more
Newsx Adverts Dallat condemns Coleraine petrol bomb attack RELATED ARTICLESMORE FROM AUTHOR Three factors driving Donegal housing market – Robinson 448 new cases of Covid 19 reported today Pinterest Twitter WhatsApp Google+ Google+ By News Highland – March 14, 2012 Pinterest
An SDLP MLA in East Derry says there is evidence that more people are cooperating with the PSNI, and that is having a beneficial effect on crime detections.John Dallat made the comments as he called for information on a petrol bomb attack on the home of a woman in Coleraine last night.Mr Dallat says the woman could have been killed in the attack, and it now appears that what he termed the morons who carried it out actually attacked the wrong house.However, he says he’s uncomfortable with referring to the attack as one of “mistaken identity”………[podcast]http://www.highlandradio.com/wp-content/uploads/2012/03/dallt530.mp3[/podcast] WhatsApp NPHET ‘positive’ on easing restrictions – Donnelly Facebook Twitter Previous articleFianna Fail launch attack on Mayor and call for meetings to be streamed onlineNext articleMackerel quotas should be built into any future Iceland EU membership News Highland Help sought in search for missing 27 year old in Letterkenny Calls for maternity restrictions to be lifted at LUH Facebook Guidelines for reopening of hospitality sector published
News UpdatesAndhra Pradesh High Court Stays Launching Of “E-Watch Online” App By State Election Commission Till February 9 Nupur Thapliyal7 Feb 2021 8:03 AMShare This – xThe Andhra Pradesh High Court on Friday stayed the launch of e-Watch Online application to be used by the State Election Commission in the upcoming Gram Panchayat/Local Elections till 9th February 2021. The application was launched on Wednesday by the State Election Commission for reporting the violations of Model Code of Conduct (MCC) and curbing malpractices during the local body/…Your free access to Live Law has expiredTo read the article, get a premium account.Your Subscription Supports Independent JournalismSubscription starts from ₹ 599+GST (For 6 Months)View PlansPremium account gives you:Unlimited access to Live Law Archives, Weekly/Monthly Digest, Exclusive Notifications, Comments.Reading experience of Ad Free Version, Petition Copies, Judgement/Order Copies.Subscribe NowAlready a subscriber?LoginThe Andhra Pradesh High Court on Friday stayed the launch of e-Watch Online application to be used by the State Election Commission in the upcoming Gram Panchayat/Local Elections till 9th February 2021. The application was launched on Wednesday by the State Election Commission for reporting the violations of Model Code of Conduct (MCC) and curbing malpractices during the local body/ gram panchayat elections in the State, thereby ensuring free and fair elections. However, the application was challenged in the High Court hours after its launch. According to the petitioners, the State Election Commission did not comply with the National Cyber Security Policy, 2013 and the Andhra Pradesh Cyber Security Policy, 2017 guidelines issued by the Union of India, Election Commission of India and State Election Commission. Moreover, the petitioners argued that the State Election Commission ignored the existing cVIGIL or NIGHAA mobile applications, therefore, the act of the Commission must be declared as being arbitrary and illegal.The Court after hearing the bunch of PILs agreed to the grievances of the petitioners and observed that: “One of the grounds urged by the learned counsel for the petitioners is that necessary Security Audit Certificate is yet to be obtained and therefore without such certificate, it will be impermissible for the State Election Commission to use the application.” The stay order came after the government pleader appearing on behalf of the State Government submitted that the Secretary of State Election Commission had written a letter on 4th February 2021 to the Managing Director of A.P. Technology Services, nodal agency for issuing certificates to websites and applications, requesting issuing of the said certificate for hosting e-Watch application. He also informed the Court that the process normally takes about five days and therefore, in view of this, the Court decided to take up the matter on 9th February 2021 and stayed the use of the application in the upcoming elections for the time being. “Considering the matter in its entirety, we deem it appropriate to take up these petitions on 09.02.2021 for further consideration. Till then, e-Watch Mobile Application shall not be given effect to by the State Election Commission.” The Court ordered. Order Dated: 05.02.2021Click Here To Download Order[Read Order]Next Story
Comments are closed. Previous Article Next Article Personnel Today in line for 2002 magazine prizeOn 26 Mar 2002 in Personnel Today Personnel Today has been nominated in the 2002 PPA Awards for Editorial andPublishing Excellence for the Business Magazine of the Year category. It is the second consecutive year that Personnel Today has been nominatedfor this award in what are regarded as the Oscars of the magazine publishingworld. The Periodical Publishers Association is the industry body for thepress. Personnel Today has also been shortlisted for its Refugees into EmploymentCampaign by the Commission for Racial Equality in its Race in the Media awards. Related posts:No related photos.
Loma Campana is one of Vaca Muerta’s most productive regions (Credit: YPF) Oil production across the Vaca Muerta shale prospect in Argentina is booming, now surpassing pre-pandemic levels and on track to increase further by the end of 2021.The unconventional oil and gas formation, mostly located in Neuquén Province in the west of the country, hit record oil-production levels in December totalling 124,000 barrels per day (bpd), according to research group Rystad Energy.This could increase further to as high as 150,000 bpd over the next 12 months if current activity levels continue uninterrupted.The rebound comes after operations across the prospect slowed considerably during the middle of 2020, impeded by the impact of the coronavirus pandemic on industry-wide capital plans and retreating demand for fuel products.But a resurgence in activity during the final months of the year has renewed hopes that the resource – one of the world’s largest shale plays – can prove viable for a country in much need of an economic boost.However, while oil extraction is seen to be rebounding strongly, gas output at Vaca Muerta continued to decline in the fourth quarter of 2020 due to lower seasonal consumption, with gross gas production falling below 900 million cubic feet per day in December for the first time since October 2018.“While well activity in the gas zone of Vaca Muerta remained depressed in the final three months of last year, with literally zero gas wells put on production, oil rebounded sharply in November and December, pushing the new oil well count to an average of about 11 wells per month,” said Rystad’s head of shale research Artem Abramov.“We remain conservative about the chances of the gas portion of the play to grow substantially in the medium term,” the analysis noted. After a challenging 2020, oil production at the Vaca Muerta formation is growing quickly – but the same cannot be said for gas output Shell and Vista led Vaca Muerta oil production revival in late-2020Vaca Muerta – meaning “dead cow” in Spanish – is the jewel in Argentina’s energy crown, considered one of the world’s largest shale deposits with around 308 trillion cubic feet of recoverable gas resources and 16 billion barrels of recoverable oil and condensate, according to the US Energy Information Administration (EIA).Its resource potential has attracted the attention of Big Oil over the past decade, with the likes of Chevron, Shell, ExxonMobil, Total and BP all flocking to the country to work alongside Argentina’s majority state-owned energy firm Yacimientos Petrolíferos Fiscales (YPF).But political upheaval and underinvestment in the project amid tough economic conditions in Argentina has so far limited ambitions for the prospect to emulate the shale fracking revolution seen in the US over the past decade.According to Rystad, Vaca Muerta’s late-2020 oil recovery was led not by YPF but foreign producers, notably Mexico’s Vista and Anglo-Dutch major Shell, which produced 15,000 bpd and 13,000 bpd respectively in December – all-time highs from the basin for both companies.The group also notes that well productivity has improved across the oil and gas fields.“Contrary to major US unconventional basins, where operators have largely reached an inflection point, Vaca Muerta’s oil development is only now entering a manufacturing mode, though the downturn has induced a certain degree of high grading too,” it stated.“We have seen a 6%-7% improvement in most well-productivity metrics for Vaca Muerta oil wells between 2019 and 2020.”Rystad adds that Vaca Muerta is “competing with the best” tight oil basins in Texas and New Mexico in terms of well productivity, including the US Midland and Eagle Ford shale plays.
United Biscuits UK (UBUK) has given the green light to a new advertising campaign for the go ahead! brand. The £1.2m spend will see a new TV commercial hit our screens in a bid to raise sales over the summer months. The ad will run from 2 June to 22 August and will focus on its Yoghurt Breaks range. “This new go ahead! campaign is further evidence that we continue to support retailers and develop sales by introducing striking and memorable advertising campaigns,” said Nick Stuart, commercial manager, UBUK. “The launch of this campaign will ensure the go ahead! brand remains the UK’s healthier snack, relevant to its target audience and will drive sales.” In the last year sales of the go ahead! brand have grown by 29%, and UBUK hope to increase this further. There will also be a money saving offer in conjunction with the ad, whereby consumers can download a 30p off coupon from the go ahead! website.
Many bakeries are still putting their employees at risk by not giving them the right protective clothes and equipment, despite new laws that make prison an option for most health and safety offences.Under The Health and Safety Offences Act, introduced in January, maximum fines increased from £5,000 to £20,000 and potential prison sentences doubled from six to 12 months. More health and safety-related cases can now be heard in crown courts, which have the power to impose unlimited fines and prison sentences of up to two years.Lee Wright, marketing director of workwear equipment company Slingsby, said: “We’re constantly speaking to bakeries and other food producers that are unsure about what clothing and work wear they should be providing to their employees in order for them to carry out their jobs safely.”The Health and Safety Executive reports that, on average over the last three years, there were 993 injuries each year per 100,000 workers in bread and cake manufacturing, and 1,027 for those working biscuits and preserved pastry production. This compares to a manufacturing industry average of 913.
Twitter IndianaLocalNews Pinterest Google+ Twitter Debate on whether mail-in ballots lead to increase voter fraud Pinterest Facebook (“Voting” by Call4Beach, C.C. by 2.0) Over the past couple of days both U.S. Atty. Gen. Bill Barr and Vice Pres. Mike Pence have talked about concerns over mail-in voting, which may be widely used in the November election. While Barr said he believes common sense says mail-in ballots leave more room for fraud than in-person voting, the research may not agree.“So far there’s no systematic evidence that mail-in ballots increase voter fraud,” said University of Indianapolis Political Science Prof. Dr. Laura Wilson. “As it stands right now, voting by mail seems to be generally very safe and a relatively secure process.”Wilson said research also shows that neither party gets an advantage over the other with mail-in voting.But, that doesn’t mean the method is without troubles or concerns.“It’s gonna be a challenge in terms of convenience certainly. For some people voting by mail is a lot easier. You don’t have to go in on election day, but you do have to request a ballot ahead of time,” said Wilson. “You have to fill it out. You have to make sure you get it back in the mail in time. Those kinds of changes, especially for people who are used to voting that first Tuesday in November, make it harder.”Wilson said a large-scale mail-in vote would mean a considerable strain on registrars, people counting the ballots, the secretary of state’s office (for overseeing the election) and the U.S. mail.“The change could absolutely happen. But, it’s gonna take some time and we’re already almost in August as it is,” she said.Wilson said if government decided to implement a more large-scale mail-in vote, there is more time in Indiana to educate voters on what is expected, than there was before the primary. WhatsApp WhatsApp By Network Indiana – July 31, 2020 3 254 Google+ Facebook Previous articleBSU Prof: Beware social media as singular news sourceNext articleMan drowns saving children from undertow in Berrien County Network Indiana
Finsbury Food Group, the AIM-listed manufacturer of cakes and bread, this morning said its profit expectations for 2013 were “significantly” ahead of expectations.In a pre-close statement the company, which sold its free-from business, United Central Bakeries, to Genius Foods for approximately £21m in February, added that its debts and interest costs had also “significantly reduced”.The disposal, coupled with a £3.8m successful equity placing, had “transformed” the company’s balance sheet and total debt is lower than expected at below £10m versus £34m a year ago, said Finsbury.It added: “Consequently, capital investment in our core UK bakery division is now being stepped up significantly, providing both product capabilities-led growth as well as improved cost competitiveness.”John Duffy, chief executive of Finsbury Food Group, said: “I am pleased to be announcing that the hard work and improvements made in the business have allowed us to recommend an increased dividend for our shareholders. The board believes that this, combined with the driving down of debt, increased profit expectations and continued growth, is further ensuring shareholder value.“The sale of free from has proven hugely beneficial for the group, allowing further investment and laying the foundation for continued growth. The board is committed to continuing the successes of the past year, and I am confident that our improvements will assure shareholders and consumers alike of the company’s fortitude and resilience in what continue to be adverse trading conditions.”The board will be recommending an increased final dividend of 0.5p giving a total dividend payment of 0.75p for the year.
Star Files Hedwig and the Angry Inch Neil Patrick Harris Show Closed This production ended its run on Sept. 13, 2015 Hedwig and the Angry Inch headliner Neil Patrick Harris stopped by The Late Show to chat with David Letterman April 24, and discussed the freedom that comes with playing the rock goddess on Broadway. After spending about 90 minutes getting into “the whole shebang” in his dressing room, the Emmy winner storms the Belasco Theatre as Hedwig, and boy, is she angry. “If people are late…I wouldn’t recommend that,” Harris warned. “I made out with someone the other night, I motor boated a heavyset dude.” Take a look at the interview below and then catch Hedwig herself at the Belasco Theatre! Related Shows View Comments