Auto industry skeptical of Canadian TPP side deal on autos with Japan

first_imgOTTAWA – Auto workers and manufacturers are rejecting assertions by Canada’s trade minister that the county won major access for them into the highly protected Japanese market in the recently rebooted Trans-Pacific Partnership.International Trade Minister Francois-Philippe Champagne told the Senate trade committee last week that Canada won its greatest market access ever into the Japanese market when it signed on last month to the new 11-country version of the Pacific Rim pact that was salvaged after the Trump administration pulled the U.S. out last year.Champagne said the agreement between Canada and Japan is contained in a side-letter, not in the text of the agreement, which he told senators is nonetheless “enforceable.”That’s not possible, say representatives from the auto workers union and two trade associations representing Canadian automobile manufacturers.They said side agreements are not enforceable unless they are part of an actual trade agreement.And they reiterated past concerns that Canada’s decision to join the new TPP, without the U.S., would ultimately cost Canadian manufacturing jobs and undermine the country’s interests in wrestling with the U.S. over automobile roadblocks in the ongoing renegotiation of the North American Free Trade Agreement.The text of the new TPP has not been released and Champagne’s office says the side letter with Japan isn’t ready to be released yet but will be.Champagne pledged to release the letter during his upbeat Senate testimony on Wednesday in which he heralded the deal with Japan on autos as a breakthrough.“We were able to achieve something that has never been achieved before, which is the largest market access for Canadian auto manufacturers in Japan, removing non-tariff trade barriers with respect to safety standards,” Champagne said.“We’ve achieved that in a side letter, which is enforceable — the first time that the government of Japan is giving a side letter on auto which is enforceable.”Champagne said the letter also contains a “most-favoured nation clause,” which means if Japan strikes a better deal with another party — the U.S. or Europe — those better terms would automatically apply to Canada.Jerry Dias, the president of Unifor, the union representing auto workers, said the letter carries no weight because it is not part of the agreement.“A side letter is unenforceable. We didn’t even push hard enough to get it folded into the body of the agreement,” said Dias, who predicted the agreement would lead to a flood of Chinese parts into the North American auto market — something the Trump administration is trying to avoid by pressing for higher continental content in autos at the NAFTA negotiations.Dias dismissed the most-favoured nation clause as an admission Champagne “carved a lousy deal.”Flavio Volpe, president of the Automotive Parts Manufacturers Association, said there’s no indication the side letter will address any real trade barriers in Japan, and he said it is unlikely it would lead to more Canadian cars being sold in that market.He said the letter will “have as much influence on new car sales in Japan as they will on the price of cheese in Windsor.“Side letters are political agreements to deal with an issue that was too difficult to find an enforceable, termed agreement on,” he added. “In business, anyone seeking an enforceable covenant would put it in the actual contract.”Mark Nantais, the president of the Canadian Vehicle Manufacturers’ Association, said side letters are not binding and could be “subjectively” interpreted by Japanese regulators.Champagne said the letter reduces non-tariff barriers, such as safety standards, but Nantais said other non-tariff barriers could include something as mundane as dimensions of a license plate holder.“Conceivably you could spend millions of dollars trying to get product into that country and have it all sitting on a dock because you’ve got one dimension that’s off on a license plate.”Nantais said the government has ignored the implications for NAFTA, with the U.S. calling for more North American auto content — not less, which an increase of imports from TPP countries would create.He said companies would be forced to move production out of North America to cheaper off-shore locations because the higher NAFTA content rules will be too hard to meet. “Once you lose production jobs, they’re gone for good.”Champagne’s spokesman Joe Pickerill said the side letter with Japan would be made public and that it is subject to international law.He said the letter will give Japan and Canada the means to settle disputes in a “meaningful way.”“That’s strong, binding and real access for the very first time with teeth to back it up,” he said.last_img read more

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Rain to bring respite from heat in city today

first_imgKolkata: The Regional Meteorological Centre in Alipore has predicted light to moderate rainfall in various South Bengal districts, including the city, on Thursday.According to a senior Met department official, there will be scattered rainfall in various parts of South Bengal due to the impact of both Western disturbances and a wind that is blowing towards the Western direction. Western disturbances are low-pressure waves that travel from West to the East across the plains. Also Read – Centuries-old Durga Pujas continue to be hit among revellers”There will be a clash between the Western disturbances and a wind that is moving towards the West, triggering light to moderate rainfall on Thursday. Kolkata and various South Bengal districts may receive light to moderate rainfall while some other districts will witness lightning and thunderstorms. The spells of rain will be caused by Western disturbances. The sky in the city and some other parts will remain mostly cloudy,” a senior Met official said. According to the predictions of the weather office, there is a possibility of thundershower in districts like Bankura, Birbhum, East and West Burdwan, Jhargram and West Midnapore. These districts are likely to receive moderate to heavy rainfall in the next 48 hours. Also Read – Bengal family worships Muslim girl as Goddess Durga in Kumari PujaThe lowest temperature in the city on Wednesday remained at 25 degree Celsius, which is three degrees above normal. A moderate level of temperature fluctuation may occur in the next couple of days during night hours. People in the city may get temporary relief from the ongoing warm and humid conditions due to rain but the temperature will continue to soar high as soon as the rainy spells are over. People in the city and other South Bengal districts have started feeling comparatively hot condition in the past two days as the mercury has started to climb. The weather office says that people across South Bengal may continue to witness discomfort as the humidity level will be higher during day. People will continue to feel the sultry condition in the next few days as well.last_img read more

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TSX advances amid major telecom deal

A multi-billion dollar deal in the telecom sector helped push the Toronto stock market higher on Wednesday. The S&P/TSX composite index gained 28.51 points to 15,326.02.BCE Inc. (TSX:BCE) is privatizing affiliate Bell Aliant (TSX:BA) in a deal worth roughly $3.95 billion. The telecom giant already controls 44 per cent of the regional telecommunications company.Bell Aliant shareholders will receive cash and BCE shares for a combined value of $31 per share. BCE shares were up 38 cents to $49.39, while Bell Aliant shot up $2.98 to $31.17.The Canadian dollar was up 0.03 of a cent to 93.17 cents US amid a better than expected showing in retail sales during May. Statistics Canada reported that retail sales rose 0.7 per cent during May, which was higher than the 0.6 per cent hike that economists had expected.U.S. markets were mainly lower, despite a run of generally positive earnings. Boeing helped depress the Dow industrials as the aerospace giant reported a profit of $1.65 billion, or $2.24 a share, up 52 per cent from a year earlier and beating estimates of $2.01 a share. Revenue of $22.05 narrowly missed expectations of $22.23 billion and its shares slipped 1.56 per cent to $127.71 even as Boeing boosted its earnings guidance for the year.The Dow lost 37.44 points to 17,076.1, while awell-received report from Apple helped push the Nasdaq up 10.93 points to 4,466.95. Apple Inc. reported a 12 per cent increase in its quarterly profit, exceeding analysts’ estimate. The company said its iPhone shipments rose 13 per cent over a year earlier and its shares gained 0.8 per cent to $95.49.Microsoft was off four cents to $44.79 as quarterly earnings took a hit from the Nokia devices business that it bought in April. Net income fell seven per cent to $4.61 billion, or 55 cents per share. Adjusted for charges mostly related to Nokia, earnings were 66 cents per share. Analysts polled by FactSet were expected 60 cents per share of earnings.The S&P 500 index added 0.94 of a point to 1,984.47 as traders also kept an eye on simmering tensions between Russia and the West as Ukraine’s Defence Ministry said two Ukrainian military fighter jets have been shot down in the eastern part of the country.There was relief on markets Tuesday after the European Union stopped well short of moving to jump to so-called Phase 3 sanctions that could cripple the Russian economy and possibly derail a fragile European economic recovery. They did agree to expand a list of Russian organizations and individuals subject to asset freezes and travel bans and threatened further action if Moscow did not act swiftly to rein in the pro-Russian rebels blamed for shooting down a Malaysian airliner last week.On the TSX, the metals and mining sector was ahead one per cent with September copper unchanged at US$3.21 a pound.The gold sector was ahead 0.6 per cent as August gold gained $3.10 to US$1,309.40 an ounce.The energy sector climbed 0.35 per cent, while September crude oil in New York rose 14 cents to US$102.53 a barrel. read more

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UN puts latest natural disaster alerts at the click of a mouse

HEWSweb, conceived as the first global one-stop shop for early warning information, has dedicated pages for each of these natural hazards, including additional references and resources. In the near future, HEWSweb will also offer the opportunity to access and share information on socio-political crises. “The HEWSweb service responds to the exceptional challenges now facing the UN and the humanitarian community in monitoring and anticipating crisis situations, which are increasingly greater in number, intensity and complexity,” the UN Food and Agriculture Organization (FAO) said. “Hence the corresponding need for effective early warning systems and for early planning and preparedness.” The site, whose homepage displays a “natural hazard map” of the world with the various risks facing specific countries and regions, is the brainchild of UN humanitarian agencies and partners of the Inter-Agency Standing Committee (IASC), a body that fosters enhanced interagency collaboration on humanitarian policy and operations. It brings together and rationalizes under one platform the vast amount of information now available on the Internet from multiple specialized institutions. The project is supported by a variety of partners including the FAO, the UN World Food Programme (WFP), the UN Children’s Fund (UNICEF), the UN High Commissioner for Refugees (UNHCR), the UN Development Programme (UNDP), the UN Office for the Coordination of Humanitarian Affairs (OCHA) and the World Health Organization (WHO). Other partners include the International Federation of Red Cross and Red Crescent Societies (IFRC), and the International Committee of the Red Cross (ICRC), as well as a consortium of international non-governmental organizations (NGOs). read more

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This must be year of traction to propel 2030 development Agenda says

“We have to make things move – rolling traction,” he told the Commission for Social Development, the first of the functional commissions of the UN Economic and Social Council (ECOSOC) to meet this year.“The work of the Commission affects the lives of 1.2 billion young people, more than 900 million older persons and 1 billion persons with disabilities around the globe, among many others. Your work will be crucial in ensuring that the 2030 Agenda and the SDGs truly leave no one behind,” he said.The Agenda consists of 17 Sustainable Development Goals (SDGs) for the year 2030, ranging from zero poverty, zero hunger, good health, quality education, gender equality, clean water and sanitation, and affordable clean energy, to decent work and economic growth, innovation, reduced inequalities, sustainable cities, responsible consumption, climate action, unpolluted oceans and land, and partnerships to achieve the goals.“Experience has shown that thriving economy is not enough to eradicate poverty and promote shared prosperity. Economies must be put at the service of people, through effective integrated social policies,” Mr. Ban said, noting that the Commission has over the years done much to highlight the human dimension of international development efforts.“You have shed light on the role of proactive social policies in securing economic and environmental stability, promoting social inclusion and reducing poverty and inequality. Enormous social progress has been made – in lifting people out of extreme poverty; in boosting food security; in advancing universal primary education and adult literacy; in promoting women’s empowerment, and in reducing maternal and child mortality,” he underscored.“Accessibility and the full-inclusion of persons with disabilities has become a growing interest of decision makers – as has the critical importance of ensuring social protection for all,” he noted. Mr. Ban stressed that inequality remains too high, affecting poverty reduction efforts and social cohesion in both developed and developing countries, while too many people continue to face exclusion and are unable to realize their full potential and too few economies have attained inclusive and sustainable growth and are unable to promote true social progress.The result is that people are frustrated, they are working harder and falling behind, and too often, instead of decisions, they see deadlock, leading them to wonder if leaders are even listening.“Yes, we will end global poverty by 2030,” he emphasized. “Yes, we will leave no one behind. Yes, we will build a life of dignity for all on a healthy planet. I know we can do it. Your continued policy guidance will be crucial.” read more

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Clemons has 22 as Campbell scorches Trinity Baptist 7929

BUIES CREEK, N.C. — Chris Clemons, the nation’s leading scorer, continued to rack up the points, totalling 22 as Campbell scorched Trinity Baptist 79-29 on Thursday night.Clemons, a senior who averages 33.8 points a game, had a season-high 45 in a loss to Georgetown on Saturday night. It was the fourth game of his career with 40 points or more. Clemons scored a career-high 51 in an 81-79 win over UNC Asheville during his sophomore season. He has also scored 39 twice. Cory Gensler added 15 points with seven rebounds, Brooks Cluxton had nine points and Ja’Cor Nelson had six points with six assists and five steals.Campbell (4-3) sprinted to a 16-2 lead and was up 21-6 midway through the first half. The Fighting Camels took a 38-15 lead into the break and opened the second half on a 24-2 run, limiting Trinity Baptist to just seven points in the first 15 minutes of the final period.Campbell was 29 of 61 from the field (49 per cent) while limiting the Eagles to 12-of-52 shooting (23 per cent). The Camels also made all 11 free-throw attempts.Steven Branch led Trinity Baptist, a National Christian College Athletic Association school, with eight points.The Associated Press read more

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Dont underestimate toddlers they like Shakespeare too says CBeebies controller

first_img“What we have to remember is that children get something different out of it each time,” she said. “It’s not familiar, it’s not passé. Children see different things; that’s how they learn and that’s how you broaden their horizons.“I think some people maybe underestimate them. I’m very fortunate to work with brilliant people who really understand our very young audience.”She added of her approach: “It should be a joyful thing. Not saying you should go to this because it’s good for you. “I don’t think we do dumb it down, I think we make it work for them.“Not many three-year-olds would be able to sit through a concert, but if you make it work for them and engage them, that’s how you get the appreciation and the joy.“And if they pick it up at that age, they’re likely continue.” This year's CBeebies Prom The cast of A Midsummer Night's Dream Adults must not underestimate young children by thinking they need their television dumbed down, the controller of CBeebies has said, as she shares her plans to bring Shakespeare and classical music to toddlers.Kay Benbow, who is responsible for the BBC’s youngest audiences, said pre-school children can easily fall in love with the highbrow arts, having longer attention spans and greater interest than grown-ups may think.The channel, which caters to children under six, has recently staged the CBeebies Prom, along with productions of Shakespeare and an adaptation of The Nutcracker due later this year.Benbow told The Telegraph she firmly believes “the very young deserve the very best”, making it a personal mission to inspire a love of classical music and literature from babyhood. “There are so many things that people assume young children won’t be interested in, and I think that’s very much an adult perspective,” she said. “If you give children the opportunity to listen, to look, to participate, they will seize it.“Of course not everyone’s going to love classical music, but it’s about putting the opportunity out there and giving them a chance to experience things.”She said previous broadcasting wisdom had laid down that young children can concentrate for between three and 15 minutes before becoming distracted.“I’ve never really subscribed to that,” she said. “If you engage a child, they will sit for a huge amount of time. A Midsummer Night's Dream “You mustn’t prejudge what children will and won’t like: give them the opportunity to experience and make their own choices.”Fans of CBeebies will have noticed a significant expansion its drama and arts output, to contain regular ballets and a Christmas play.This year, it added a production of A Midsummer Night’s Dream, staged in Shakespeare’s original language but cut to a toddler-testing 45 minutes.Benbow said she was “incredibly proud” of the addition of Shakespeare, saying programme-makers did not dumb it down but made it “work for” their young viewers. A Midsummer Night’s DreamCredit:BBC center_img This year’s CBeebies Prom, which featured an interactive sing-a-long, the channel’s star presenters, and a dinosaur rap, was the first of the Royal Albert Hall BBC season to sell out. Around two thirds of the evening was taken up with classical music played by an orchestra.It will be followed in December by a production of The Nutcracker, the classical ballet featuring music from Tchaikovsky.While the one-off productions are “financially challenging”, Benbow admitted, they had proved popular with parents who are already asking for more.“It’s about being bold and taking risks and doing things other people won’t do,” she said. “And if we don’t do it, as a BBC public service, then no one’s going to do it.”The CBeebies Prom is available on BBC iPlayer now.  The cast of A Midsummer Night’s DreamCredit:BBC  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. Kay Benbow, controller of CBeebiesCredit:BBC This year’s CBeebies PromCredit:BBC Kay Benbow, controller of CBeebieslast_img read more

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Interested in reducing wear and downtime in mineral slurry transport

first_imgYou can learn from experts how to select, assemble and maintain your slurry transport equipment. Leading manufacturers of seals and bearings team up with GIW to bring you a comprehensive course on maintaining and improving the performance of your pump. This non commercial course looks at extending life cycles, troubleshooting common problems, best assembly practice and preventative maintenance from top to bottom. Hands-on sessions and small group sizes encourage interaction with course staff. Ideal for operators and supervisors, the GIW Maintenance Course is practical and relevant.The course will be held May 22-24 and Sept. 18-20, 2012, in Grovetown, Ga. Plan to register early – simply complete the registration form (http://www.giwindustries.com/uploads/1/Spring_Maintenance_2012_Registration_Form_.pdf) and return it to mailto:JHanson@GIWIndustries.com?Subject=GIW%20eFlier%20Response&Cc=giw_@updatefrom.com. Space is limited and will be allocated on a first-come, first-served basis.last_img read more

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Man gets 20 years for kidnapping assault

first_imgFour corrections deputies surrounded Darrell Classen as he yelled obscenities and threatened to assault the prosecutor assigned to his case during sentencing Tuesday in Clark County Superior Court. He remained silent, however, as the judge handed down a 20-year prison sentence.Classen, 27, was previously convicted by a jury of holding a woman captive and beating her while inside a vehicle traveling north on Interstate 205 in September 2015. Judge David Gregerson described the incident as “one of the more disturbing cases” that has come before him.The public attack prompted multiple Samaritans to come to the woman’s aid, one of which was an off-duty Vancouver firefighter whom Classen slapped across the face, Deputy Prosecutor James Smith said.Classen was found guilty in October of felony harassment-death threats with the use of a deadly weapon, first-degree kidnapping with the use of a deadly weapon, two counts of second-degree assault and attempted first-degree kidnapping.The jury, which heard about two days of testimony, returned the verdict after about an hour of deliberating.“This was an extremely terrifying experience for the victim. The defendant’s behavior was completely outrageous, and (the victim) is lucky she wasn’t more severely injured than she was. Clearly, (Classen) is a career criminal and is deserving of the sentence he received,” Smith said after the hearing.last_img read more

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ASAAP Meeting Focuses on Trade Soybean Oil

first_imgASAAP members listen to Under Secretary of Agriculture Michael Scuse at the annual Celebration of Ag Day Dinner.Members of the ASA Action Partnership (ASAAP) met Wednesday in Washington, D.C. to discuss pursuing and protecting the interest of U.S. soybean grower’s, with a focus on trade in Cuba and the status of soybean oil.ASAAP comprises representatives from multiple partner companies, including technology providers, equipment manufacturers and others, combined with soybean organizations at the state, regional and national levels. Through collaboration, ASAAP works to  identify challenges facing the soy industry and develop strategies to address these issues.During the meeting on Wednesday, Martha Scott Poindexter, of Bunge, USACC; Idira Groero Martinez, third secretary, and Sergio Vazquez, first secretary of the Cuban interests section, discussed opening the Cuban market and its implication on the soybean industry.The market status and trends in soybean oil was also a topic of discussion at the meeting. Members heard from Shannon Herzfeld, vice president of Archer Daniels Midland Co.; Erik Heggen, vice president North American r Refined Oils, Archer Daniels Midland Co.; and Beth Holzman, director of government relations, Archer Daniels Midland Co.ASAAP members concluded the evening by paricipatiing in the a Celebration of National Ag Day Dinner, featuring special guest speaker Under Secretary of Agriculture Michael Scuse.last_img read more

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COSLA offers government workers 3 pay increase to avoid industrial action

COSLA offers government workers 3 pay increase to avoid industrial action

first_imgThe Convention of Scottish Local Authorities (COSLA) has put forward a pay offer to the local government workforce, represented by trade unions Unison, Unite and GMB, in a bid to avert industrial action.COSLA stated that it has set aside £350 million, which it says represents a 3% pay increase for 99.7% of the workforce.An earlier proposal, rejected by GMB union members in June 2018, offered a 3% increase only to workers earning below £36,500, and a flat-rate increase of £1,600 for staff on higher grades.Mark Ferguson, chair of Unison Scotland’s local government committee, said: “A decade of austerity has led to staffing shortages in key areas of local government like social care and school staff. And many of our members are relying on foodbanks to get by. The government and COSLA must do more to address these issues and we would urge them to get back around the table with the trade unions.”Councillor Alison Evison, COSLA president, warned that increasing pay beyond the level of 3% would mean job losses and reducing essential services.She added: “Scotland’s councils value our workforce highly and we want to see parity across that workforce and parity with other parts of the public sector.“I ask the trade unions to take a realistic approach and accept our offer. Let us work together for a fairer local government settlement from the Scottish government.”Councillor Gail Macgregor, COSLA resources spokesperson, said: “The bottom line is that the proposals on offer for the whole local government workforce will cost over £350 million this year. That is a £350 million investment in our workforce, an investment that will cascade down to local communities and local economies through the essential services being delivered. Nobody should underestimate that investment in the workforce.”last_img read more

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Tata Zest Spotted on Test Launch Soon

first_imgTata Motors’s upcoming sedan Zest has been spied testing in India again, suggesting the imminent launch of the car.Tata Zest, a car which was first showcased at the country’s biggest automobile extravaganza, Delhi Auto Expo in February is expected to make its domestic auto market entry in near future. The car has made numerous appearances on the cyber space through spied images and reports, now the Motoroids has posted the spied images of the car which was seen testing in Pune.Zest, the first sedan in India with Automated Manual Transmission (AMT), will be offered in both petrol and diesel variants. The petrol version of the Zest will be powered by a 1.2 litre, four-cylinder, turbocharged Revotron engine under the hood, which can churn out a power of 85 PS at 5000 RPM and a peak torque of 140Nm 1750-3000 RPM.The diesel model will come with a 1.3 litre Quadrajet motor, which can generate 90 PS power at 4000 RPM and 200Nm torque at 1750-3000 RPM. The car is expected to come with features like new front grille, projector headlamps, steering wheel and dash board.The auto lovers are also expecting the launch of Tata’s premium hatchback Bolt in the country. Bolt will also pack the same 1.2 litre, four-cylinder, turbocharged Revotron engine and the 1.3 litre diesel engine, and will churn out the same power and torque. Bolt was spied testing in India recently. It is speculated to come with a new audio system that features MapMyIndia GPS, touchscreen and voice commands, center console, infotainment system, electric power steering in place of the Vista’s hydraulic unit, projector headlamps and LED tail lamps.Even though Tata is still silent on the launch date and the availability of the Zest and Bolt in the subcontinent market, the company’s exclusive websites for both the cars are live from Monday (24 March).last_img read more

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When Sunny Leone was caught redhanded by her father on her first

first_imgSunny LeoneTwitterSunny Leone’s life is now an open book. One can easily revisit some of the important chapters of her life in her biopic web series Karenjit Kaur – The Untold Story of Sunny Leone. And yet Sunny manages to surprise us with her candid self everytime she sits down for a meaningful chat.So when Sunny was recently asked about her first kiss in rapid fire round with Filmfare, she revealed that the moment became memorable for her but for all the wrong reasons.Describing what had happened, Sunny said that her first kiss happened with her then boyfriend during her school days. But she was caught red-handed by her father which was followed by a huge family drama at home back then. Last year, Sunny, whose journey began from starting her career in the adult film industry as a teenager to becoming the new age Laila of Bollywood, had candidly confessed that she felt extremely gross and weird after watching porn for the very first time and never thought that she would actually end up entering into the field which she found utterly disgusting.She had further said that although she found it weird initially, her perspective towards the adult film industry changed while growing up and she ultimately chose the path which she was interested in.In 2012, Sunny gave up her career as a porn star in 2012 and embarked on her new journey in Bollywood.last_img read more

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RBI changes eligibility criteria for Gold Monetisation Scheme deposits

first_imgThe Reserve Bank of India (RBI) has amended the gold monetisation scheme regulations relating to the eligibility criteria for making deposits. A notification says the Gold Monetisation Scheme 2015 (GMS) has been amended immediate effect.”Persons eligible to make a deposit – resident Indians (individuals, HUFs, proprietorship and partnership firms, trusts including mutual funds/exchange-traded funds registered under the Sebi (mutual fund) regulations, companies, charitable institutions, the central government, state governments or any other entity owned by the central government or state governments) can make a deposits under the scheme,” according to the notification.The amended regulations allow joint deposits by two or more eligible depositors under the gold monetisation scheme. The deposit in such cases shall be credited to the joint deposit account in the name of the depositors.”The existing rules regarding the joint operation of bank deposit accounts including nominations will be applicable to these gold deposits,” the notification said.This is the second set of amendments to the gold monetisation scheme regulations. The RBI tweaked regulations in June last year to make it more lucrative.”The short term deposits shall be treated as banks’ on-balance sheet liability. According to the amendments made then, these deposits can be made with the designated banks for a short period of 1-3 years (with a facility of rollover). The deposits can also be allowed for broken periods like one year and three months and two years and four months five days,” the RBI notification then said.Prime Minister Narendra Modi’s government announced the Gold Monetisation Scheme in the 2014-15 financial year to provide flexibility like a savings account. Finance Minister Arun Jaitley then clarified that the scheme allowed people, who usually keep gold without much security at home or store in bank lockers by paying a maintenance fee, to make use of the real value of the yellow metal without losing it. The depositors earn interest under the Gold Monetisation Scheme as the price of the precious metal goes up.The government declared while launching the scheme that its objective is to simultaneously safeguard the gold held in Indian households as well as put their investments into productive use. The government economists also had a larger objective to cut down the country’s gold imports by limiting the domestic demand.India is second only to China in importing gold as people see gold not just as an instrument for storing wealth. Indians have cultural reasons for buying and keeping gold which they see as an auspicious factor that brings prosperity.last_img read more

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Curiosa Playtime Unleash Scripted Drama Label Curious Times EXCLUSIVE

Curiosa Playtime Unleash Scripted Drama Label Curious Times EXCLUSIVE

first_imgTwo of France’s major film companies, Curiosa and Playtime, are teaming up to launch Curious Times, a production label dedicated to premium scripted drama. Under this label, the two Paris-based companies will produce French and European TV projects.The first project to be developed under the Curious Times banner is “War Photographer,” a mini-series based on the life of the legendary photographer Robert Capa, who lived through three wars and was a witness to all key events of the 20th century.“War Photographer” was created by French director Gilles Bourdos (“Renoir”) and Israeli screenwriter Yaron Seelig (“Matter Of Time”).Curious Times is currently developing a slate of high-profile projects with well-established filmmakers, in line with the auteur-driven approach of both Curiosa Films and Playtime. The two companies previously collaborated on several films, including Claire Denis’s critically-acclaimed “Let the Sunshine In” with Juliette Binoche which opened Cannes’s Directors’ Fortnight last year.Curiosa Films, created in 2015 by veteran producer Olivier Delbosc, who previously co-headed Fidelité Productions, and Emilien Bignon, has so far achieved a strong track record with 15 films, notably “Let the Sunshine In,” Martin Provost’s Berlin player “The Midwife” with Catherine Deneuve and Etienne Comar’s “Django” which opened Berlin Film Festival in 2017.“The border between cinema and television today is fading. With Curious Times, our ambition is to continue bridging the remaining gap and create new scripted series with all the film talents and cinematographers we work with today : writers, directors, actors, and I can’t imagine a better partner than Playtime to do so,” said Delbosc, who has long-standing relationships with France’s top directors, notably Ozon (whose “Swimming Pool” and “8 Women” were produced by Delbosc), Gaspard Noé (“Enter The Void”), Xavier Giannoli (“Marguerite”), Emmanuelle Bercot (“On My Way”), as well as Emir Kusturica and André Téchiné.Playtime (formerly Films Distribution), meanwhile, is a thriving international sales group which recently expanded its involvement in co-development and co-financing of films, as well as TV projects with the launch of a TV division headed by former Twentieth Century Fox exec, Virginie Boireaux, who is attending Series Mania in Lille. Playtime is also a shareholder of French TV production Empreinte Digitale (“Mission”, “Lazy Company”) and is funding its development slate.Besides “Let The Sunshine In,” Playtime’s recent film hits include François Ozon’s “Double Lover”, Robin Campillo’s Cannes’s Grand Jury prize-winning “BPM,” and Raoul Peck’s “Young Karl Marx.” The company has so far handled seven Oscar-nominated films and one foreign-language Oscar-winning film, Laszlo Nemes’s “Son of Saul.” The outfit is co-producing Nemes’s sophomore film, “Sunset.”“Our capacity to package dramas and movies for local and global audiences will benefit from Curiosa’s extensive experience in working with high end directors,” said François Yon, co-founder of Playtime. “Curious Times as a label will have access to a great pool of talents which will guarantee the quality of the output,” added Yon, who runs Playtime with Sebastien Beffa, Nicolas Brigaud-Robert and Valéry Guibal. ×Actors Reveal Their Favorite Disney PrincessesSeveral actors, like Daisy Ridley, Awkwafina, Jeff Goldblum and Gina Rodriguez, reveal their favorite Disney princesses. Rapunzel, Mulan, Ariel,Tiana, Sleeping Beauty and Jasmine all got some love from the Disney stars.More VideosVolume 0%Press shift question mark to access a list of keyboard shortcutsKeyboard Shortcutsplay/pauseincrease volumedecrease volumeseek forwardsseek backwardstoggle captionstoggle fullscreenmute/unmuteseek to %SPACE↑↓→←cfm0-9Next UpJennifer Lopez Shares How She Became a Mogul04:350.5x1x1.25×1.5x2xLive00:0002:1502:15center_img Popular on Variety last_img read more

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Art in schools get a pat on the back

Art in schools get a pat on the back

first_imgIf anyone thought that the talented artists could only be found in the art galleries – they could not be more wrong! The schools across the Capital are churning out brilliant artworks by not only students – but teachers as well.Here’s another feather in the cap for Chiranjiv Bharati School (Palam Vihar). Biplav Rej of Chiranjiv Bharati School-Palam Vihar (Art Department) was felicitated and awarded the prestigious Delhi State Award for his Scratch paintings in a glittering function on 19 September.Celebrating the works of the artist were a host of dignitaries and chief minister of Delhi Sheila Dikshit. The award was presented to him by Dikshit at Delhi Sachivalaya Auditorium. Rej received a shawl, certificate and a cheque for Rs.25000. The function was well attended by other artists as well.last_img read more

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Homebuying vs Mortgage Apps

Homebuying vs Mortgage Apps

first_img Share May 16, 2018 485 Views Affordability applications ARMS Fixed-Rate Mortgage mortgage Purchase Loans rates Refinance 2018-05-16 Radhika Ojha in Daily Dose, Featured, News, Originationcenter_img Higher rates and a tough buyers’ market took impacted mortgage apps that declined 2.7 percent from the earlier week according to the Weekly Mortgage Application Survey by the MBA. On an unadjusted basis, the index decreased 3 percent.The seasonally adjusted Purchase Index also decreased 2 percent during the week as did the unadjusted Purchase Index. The Refinance Index decreased 4 percent from the previous week to its lowest level since August 2008, the survey revealed. The refinance share of mortgage activity also decreased to 35.9 percent of total applications, its lowest level since August 2008. The adjustable-rate mortgage (ARM) share of activity remained unchanged at 6.5 percent of total applications.”Volatility in the rates is traditionally good for the market as it will push people off the fence but with the frustrations, with home demand, we may continue to see purchase applications drop and there is no doubt refinance applications are going to continue to grind down,” said Brian Surgener, SVP Strategy, and Analytics at BBMC Mortgage.  “One item we need to keep an eye on is affordability.”The survey indicated that the FHA and USDA share of total applications increased to 10.3 percent and 0.8 percent respectively. On the other hand, the share of VA applications decreased to 10.3 percent from 10.1 percent in the earlier week.The average contract interest rates for various mortgage loan applications were as follows:For 30-year fixed rate mortgages with conforming balances, the rates decreased to 4.77 percent with the effective rate decreasing from last week.Rates for 30-year fixed-rate mortgages with jumbo balances increased to 4.73 percent. The effective rate also increased compared to last week.While the effective rate for 15-year fixed-rate mortgages increased from last week, the rates remained unchanged at 4.29 percent.For FHA-backed 30-year fixed-rate mortgages the rates decreased to 4.78 percent with the effective rate also decreasing from last week.The rate for 5/1 ARMs increased to their highest level in the history of the survey to 4.09 percent. The effective rates for these mortgages also increased during the week. Homebuying vs. Mortgage Appslast_img read more

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As an example Campbell pointed to the times Bettc

As an example Campbell pointed to the times Bettc

first_imgAs an example, Campbell pointed to the times Bettcher used to lead the run-game defensive meetings on Wednesdays.“The one thing Coach Bowles did well was let other guys get a chance in front of the room and speak and give their notes and give us pointers and Bettcher always did a really good job,” Campbell said.  “There was a lot of confidence in him when he got named for the job.  For us, it was simple.  It was his show.  He changed some things a little bit, made it a little more his way, and we never looked back.”Defensively, the Cardinals are coming off arguably their best effort of the season.Against Green Bay, the Cardinals defense recorded nine sacks, four takeaways and two touchdowns.  They held the Packers to 178 total net yards with an average of just 2.78 yards per play, the Cardinals’ lowest single-game average allowed in 25 years.“When we set out in the beginning in April and we went around the room, it was a very candid conversation with me and the defensive players, and we talked about what we wanted to be,” Bettcher said.  “And the one thing that was the resounding between me, any other coach, any player on this team, was to be a relentless team.  That when you turned our tape on, you knew you turned our tape on.” Bettcher may still be years away from following in those same footsteps but he’s trending in the right direction.Here in his first year as coordinator, Bettcher has the Cardinals ranked No.5 in both total defense (319.5 yards per game) and points allowed per game (18.5).“Every day, just come in (and) get the job done,” he said Thursday.  “Maybe at the end of the season when this thing is over with, maybe I’ll sit back and (reflect on the season), but right now it’s job-at-hand, task-at-hand.”That Bettcher is having so much first-year success shouldn’t come as too much of a surprise.Yes, he was hired despite never having called a defensive play, college or pro; and yes, his NFL coaching experience was limited to just three seasons before his promotion, but two of those seasons were spent with the Cardinals as outside linebackers coach, learning under Bowles.“We knew James was a smart guy,” safety Tony Jefferson said.  “We didn’t really have any doubts.  That was more coming from outside of the locker room.”Added defensive tackle Calais Campbell, one of the few holdovers from Horton’s time in the desert, “Everybody had confidence in Betch because you could tell what kind of mind he had.” The 5: Takeaways from the Coyotes’ introduction of Alex Meruelo Arizona Cardinals defensive end Calais Campbell (93) celebrates a defensive stop against the Green Bay Packers during the first half of an NFL football game, Sunday, Dec. 27, 2015, in Glendale, Ariz. (AP Photo/Rick Scuteri) Grace expects Greinke trade to have emotional impact Comments   Share   Top Stories Derrick Hall satisfied with D-backs’ buying and selling TEMPE, Ariz. – How the Arizona Cardinals would adjust to a new defensive coordinator was a big question mark coming into this season, just as it was two seasons prior.Who was James Bettcher?  And could he really pick up where his predecessor left off?There were similar questions asked of Todd Bowles, who was tabbed to replace Ray Horton in 2013.Bowles excelled, parlaying his two-year stint into a head coaching job with the New York Jets. Mission accomplished.“The front office did a really good job bringing playmakers into the building and Betch did a really good job of putting us in position to make plays,” Campbell said. “Coach Betch led this defense to be a relentless, disciplined, ball-hawking defense and that’s what we are.”At 37, Bettcher is the third-youngest defensive coordinator in the NFL and the sixth-youngest coordinator overall.“I’m sure he has more to learn, but we’re, what, top 5 in the majority of the (defensive) categories.  He’s got to be doing something right,” linebacker Dwight Freeney said.  “If he keeps on going along this path, he’ll be one of the better d-coordinators out there in this league.”Bettcher was described as a “shooting star” at his introductory press conference by head coach Bruce Arians.  Now, 10 months later, his star is shining brighter than ever, quieting the critics and those who may have questioned the hire“Well, it’s obvious the job he did and I knew he would,” Arians said.  “But not, because again, I don’t listen to all the noise.  If that were the case, we would never have been able to hire Todd Bowles.” Former Cardinals kicker Phil Dawson retireslast_img read more

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Woman bites arm of arresting officer

Woman bites arm of arresting officer

first_imgA woman who was trying to resist arrest injured a police officer by biting him on Sunday evening in Larnaca.Police were informed at around 7pm that a woman at Larnaca airport was disturbing the peace.When officers arrived at the airport departure area they found a 24-year-old woman about to travel to Russia who smelled strongly of alcohol who insulted them.They tried to arrest her for causing trouble but she refused to enter a police car and attacked a policeman, biting his right arm and injuring his finger.The injured man was taken to Larnaca general hospital and received first aid before being released.The woman was arrested and is expected to appear in court later on.You May LikeThrone: Free Online GamesIf You’re Over 40 And Own A Computer, This Game Is A Must!Throne: Free Online GamesUndoLuxury Crossover SUV I Search AdsThese SUVs Are The Cream Of The Crop. Search For 2019 Luxury Crossover SUV DealsLuxury Crossover SUV I Search AdsUndoYahoo SearchThese SUVs Are The Cream Of The Crop. Research Best Compact SUV CarYahoo SearchUndo Concern over falling tourism numbersUndoTurkish Cypriot actions in Varosha ‘a clear violation’ of UN resolutions, Nicosia saysUndoOur View: Argaka mukhtar should not act as if he owns the beachUndoby Taboolaby Taboolalast_img read more

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f the government

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until they finally set me on a path of becoming a scholar of American holidays and culture, and the results have a margin of error of plus or minus 2.Some planned to ride out the storm, Two days later, and in his legal statement accompanying the bill signing, Ward tweeted this: "Political correctness is like a cancer! ammunition.” he said. or any sort of complacency, For example.

if they had not started, turtleneck and purple paisley silk neck scarf. read more

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