Move the Big Rock

first_imgIt’s very rare that I take on a private coaching client. But when I do, I spend a lot of time listening for “the big rock.”The big rock is the major obstacle blocking them from producing better results. It’s a metaphor for whatever is blocking them from making forward progress on their personal path. The big rock is almost always a mindset issue.The big rock could be that the person I am coaching doesn’t believe they are empowered to do something. Until they believe that they can successfully take action, they’re stuck. But once they believe they are empowered, they roll the big rock out the way and take off.The big rock could be that the person I am coaching isn’t acquiring the results that they need when it comes to their personal sales. In most cases, the person I am coaching feels stuck because they haven’t been forced to think through their plan, write their commitments, and they’re not being held accountable for taking action around those commitments. Once that big rock is out of the way, they gain the clients they need.Sometimes the big rock is the person I am coaching. They’re in their own way. This is often true of leaders who need someone to help them work on themselves. Sometimes they “can’t see their own swing,” but more often they’re aware of the areas they need help and just need strategies for improving. When they move the bigs rock out of their way, they produce better results through their teams, and they become better leaders.Right now, there is a big rock between you and the better future you. Getting unstuck means dealing with the big rock. You need to move it out of the way so you can move forward.What is the big rock blocking your progress now? What unhealthy believe do you hold about the big rock that prevents you from dealing with it head on? What strategies and resources are available to you now? How can you get enough leverage to move the big rock?last_img read more

Physical scientists offer outside-the-box idea for funding U.S. basic research

first_imgSAN ANTONIO, TEXAS—Researchers across the United States are well aware that times are tight. Despite a recent budget proposal from the Obama administration to increase spending on federal R&D by 7% next year, dollars flowing to research have largely been flat in recent years, and declining when inflation is taken into account. The long-term outlook is even worse. Growing federal commitments to Medicare, Medicaid, social security, and interest on the federal debt continue to chew up a greater proportion of the federal budget. The money for “discretionary” items that’s left over—including R&D—is expected to drop to 23% of the federal budget by 2040, down from 67% in 1970 and 36% in 2012. So it’s perhaps no surprise that basic researchers are beginning to look for new sources of support.At the annual March Meeting of the American Physical Society (APS) here this week, a pair of physicists floated one new idea: Congress should create a $100 billion national endowment to help fund basic research. The endowment, which they’re calling the National Research Bank, isn’t an official proposal of APS. Rather, says Michael Lubell, a physicist at the City College of New York who is pushing the idea, “we’re trying to start a conversation.”That conversation began last summer when Lubell got together with a longtime friend, Tom Culligan, then the legislative director for Representative Frank Wolf, a Republican from Virginia who had just announced his decision to retire from Congress. Wolf and Culligan were staunch supporters of federal funding for basic research. So Culligan and Lubell began hashing out ideas for coming up with a new pot of money for supporting research that wouldn’t fall prey to the ever-tightening budget realities of Washington.Sign up for our daily newsletterGet more great content like this delivered right to you!Country *AfghanistanAland IslandsAlbaniaAlgeriaAndorraAngolaAnguillaAntarcticaAntigua and BarbudaArgentinaArmeniaArubaAustraliaAustriaAzerbaijanBahamasBahrainBangladeshBarbadosBelarusBelgiumBelizeBeninBermudaBhutanBolivia, Plurinational State ofBonaire, Sint Eustatius and SabaBosnia and HerzegovinaBotswanaBouvet IslandBrazilBritish Indian Ocean TerritoryBrunei DarussalamBulgariaBurkina FasoBurundiCambodiaCameroonCanadaCape VerdeCayman IslandsCentral African RepublicChadChileChinaChristmas IslandCocos (Keeling) IslandsColombiaComorosCongoCongo, The Democratic Republic of theCook IslandsCosta RicaCote D’IvoireCroatiaCubaCuraçaoCyprusCzech RepublicDenmarkDjiboutiDominicaDominican RepublicEcuadorEgyptEl SalvadorEquatorial GuineaEritreaEstoniaEthiopiaFalkland Islands (Malvinas)Faroe IslandsFijiFinlandFranceFrench GuianaFrench PolynesiaFrench Southern TerritoriesGabonGambiaGeorgiaGermanyGhanaGibraltarGreeceGreenlandGrenadaGuadeloupeGuatemalaGuernseyGuineaGuinea-BissauGuyanaHaitiHeard Island and Mcdonald IslandsHoly See (Vatican City State)HondurasHong KongHungaryIcelandIndiaIndonesiaIran, Islamic Republic ofIraqIrelandIsle of ManIsraelItalyJamaicaJapanJerseyJordanKazakhstanKenyaKiribatiKorea, Democratic People’s Republic ofKorea, Republic ofKuwaitKyrgyzstanLao People’s Democratic RepublicLatviaLebanonLesothoLiberiaLibyan Arab JamahiriyaLiechtensteinLithuaniaLuxembourgMacaoMacedonia, The Former Yugoslav Republic ofMadagascarMalawiMalaysiaMaldivesMaliMaltaMartiniqueMauritaniaMauritiusMayotteMexicoMoldova, Republic ofMonacoMongoliaMontenegroMontserratMoroccoMozambiqueMyanmarNamibiaNauruNepalNetherlandsNew CaledoniaNew ZealandNicaraguaNigerNigeriaNiueNorfolk IslandNorwayOmanPakistanPalestinianPanamaPapua New GuineaParaguayPeruPhilippinesPitcairnPolandPortugalQatarReunionRomaniaRussian FederationRWANDASaint Barthélemy Saint Helena, Ascension and Tristan da CunhaSaint Kitts and NevisSaint LuciaSaint Martin (French part)Saint Pierre and MiquelonSaint Vincent and the GrenadinesSamoaSan MarinoSao Tome and PrincipeSaudi ArabiaSenegalSerbiaSeychellesSierra LeoneSingaporeSint Maarten (Dutch part)SlovakiaSloveniaSolomon IslandsSomaliaSouth AfricaSouth Georgia and the South Sandwich IslandsSouth SudanSpainSri LankaSudanSurinameSvalbard and Jan MayenSwazilandSwedenSwitzerlandSyrian Arab RepublicTaiwanTajikistanTanzania, United Republic ofThailandTimor-LesteTogoTokelauTongaTrinidad and TobagoTunisiaTurkeyTurkmenistanTurks and Caicos IslandsTuvaluUgandaUkraineUnited Arab EmiratesUnited KingdomUnited StatesUruguayUzbekistanVanuatuVenezuela, Bolivarian Republic ofVietnamVirgin Islands, BritishWallis and FutunaWestern SaharaYemenZambiaZimbabweI also wish to receive emails from AAAS/Science and Science advertisers, including information on products, services and special offers which may include but are not limited to news, careers information & upcoming events.Required fields are included by an asterisk(*)They settled on an idea that hinges on proposed Congressional action to rewrite the rules governing U.S. corporate income taxes, an idea that enjoys widespread bipartisan support in Washington. Companies are currently charged a 35% tax on corporate profits earned in the United States, a level that many business leaders argue is excessive. To get around those taxes, multinationals often shift earnings to overseas subsidiaries or parent companies, which face little or no U.S. taxes unless the money is brought back to the United States. According to The Wall Street Journal, U.S. companies have accumulated an estimated $2 trillion in foreign profits. President Barack Obama recently proposed charging companies a 14% tax on those accumulated earnings, and charging them 19% of future overseas profits, in an effort to help pay for infrastructure improvements to the nation’s roads, bridges, and airports. Members of Congress, meanwhile, have proposed dropping the corporate tax rate even further.If any of these proposals come to fruition, the result could bring in hundreds of billions of dollars to the U.S. Treasury. So Lubell and Culligan hatched the idea of the Research Bank, which would take $100 billion of the newly repatriated money. Like a university endowment, Lubell says, the idea would be to invest the funds and use the proceeds to fund research deemed worthy by the Bank’s board of directors. The endowment, Lubell suggests, could be managed as a public-private partnership, so that it couldn’t be tapped by Congress to pay for pressing budgetary needs. At current rates of return, a $100 billion endowment would bring in roughly $7 billion a year. (That’s about equal to the current budget of the National Science Foundation.) About $2 billion of that would be eaten up by inflation, leaving $5 billion to support research.While sizable, that’s still a small sum compared with the $32.7 billion that the U.S. government is expected to spend on basic research this year. Nevertheless, Lubell says it could help pay for research that’s increasingly being squeezed out of the federal system. “It could be used to provide matching funds for agency funding, and look at high-risk projects,” he says.But the idea faces a long road through Congress. Not only would corporate tax reform need to make it through today’s Washington gridlock, but even if it did, other special interests will likely be angling for their cut of the windfall. Another concern is whether a future Congress would be more apt to cut federal support for basic research even further, knowing that the endowment might pick up the slack. But Scott Franklin, a physicist at the Rochester Institute of Technology in New York who has been helping Lubell push the Research Bank idea, says he doubts this relatively small fund would change the equation. “Those pressures are already there,” Franklin says.In an effort to get their idea out there, 2 weeks ago Lubell, Franklin, and other researchers went to Capitol Hill and met with staff members of 160 members of Congress. “The visit was very positive,” Franklin says. “They encouraged us to continue the dialogue.” Franklin adds that he and his colleagues plan to do just that in an upcoming presentation to the APS’s policy committee. Convincing them should be the easy part. Then it gets hard. Says Lubell: “It’s a heavy lift.”Meanwhile, physical scientists aren’t the only researchers thinking about creative funding methods. Last week, a coalition of biomedical research advocacy groups and a Washington, D.C.–based think tank released a report outlining a number of strategies for sustaining the more than $30 billion budget of the National Institutes of Health (NIH), which provides about one-half of all U.S. funding for basic research. “[P]olicymakers should consider separating NIH’s budget from the broader” battles over federal spending, urges the report, Healthy Funding: Ensuring a Predictable and Growing Budget for the National Institutes of Health. Among the options: moving to multiyear funding, instead of annual appropriations, and dedicating certain revenue streams to NIH. But Congress would have to approve those changes, too—an unlikely scenario in the short term.last_img read more

West Indies captain Darren Sammy calls for mediation in T20 row

first_imgWest Indies captain Darren Sammy has called for mediation to settle a contractual dispute that threatens to wreck the team’s chances of winning next month’s World Twenty20.With the West Indies Cricket Board (WICB) standing firm in its stance that players must sign the offered contract by Sunday or be replaced, Sammy’s position could open the door to a resolution. West Indies likely to send second-string team for World T20 It is the clearest indication yet that Sammy’s 15-man squad does not want to boycott the World Twenty20, which starts in India on March 8.”As captain of the (Twenty20) team, I wish that we can settle this matter and focus on preparations for the tournament,” Sammy wrote in a letter to WICB chief executive Michael Muirhead.”I want to state on behalf of the players that we want to play and will represent the West Indies to the best of our abilities.”Sammy said mediation was the best way to settle the matter, if the board would not “consider our request to double the match fees (of $6,900), share 50 percent of sponsorship fees and award 100 percent of prize money to players.”This came after Muirhead confirmed to Reuters that the WICB selection panel, chaired by Clive Lloyd, was mandated to select a new team if the current squad, which includes Chris Gayle and Dwayne Bravo, did not sign by Sunday’s deadline. Pakistan’s World T20 participation doubtful Sammy, who referenced the fiasco of the abandoned Indian tour in 2014 after a similar row over contracts, said it was the “arrogance and high-handedness of the board” which had caused the problems.advertisement”You cannot continue (to) force players to be represented by a body that they are not members of and do not want to represent them,” he said, adding that 14 of the 15 players in the squad were not members of the West Indies Players Association (WIPA).WIPA is the exclusive collecting bargaining agency for West Indies players.”Any issues you or a particular group of players may have with the representation you receive from your association are best taken up with WIPA,” Muirhead told Sammy via email.West Indies won the 2012 World Twenty20 in Sri Lanka and are currently ranked the second in the world in the format.last_img read more

Greek Soccer Match Fix Charges Brought

first_imgATHENS – The scandal in Greek soccer has led to a prosecutor bringing charges against 16 soccer officials and referees as part of ongoing investigation into match fixing.The accused include members of the Greek Soccer Federation (EPO). They face charges including conspiring to form a criminal gang.The game has been probed for several years with occasional charges of widespread corruption, including bribery, beating of referees, match-fixing and other wrongdoing but hasn’t led to a major prosecution yet.Previous accusations have led to claims that even top matches are fixed so people can profit off betting and that it reaches into the highest echelons of the game, including owners who so far have been immune from prosecution.Violence and hooliganism, including the murders of fans, has also occurred and the professional league was recently briefly shut down after a top refereeing official was set up with iron bars and attacked near his home. Nobody was arrested.TweetPinShare0 Shareslast_img read more

UEFA’s Ceferin tackles dangers in Europe, integrity attacks

first_imgNYON, Switzerland (AP) — Entering rooms at UEFA headquarters, Aleksander Ceferin still finds it startling and unsettling when staff leap from their seats to greet him. The deference of the Michel Platini era is proving hard to shake off for the officials running European football.“I don’t pretend to be a king here,” Ceferin says at the start of an interview with The Associated Press at the UEFA complex by the banks of Lake Geneva.Whereas Platini was one of the greats of the game, winning titles as captain of France and Juventus before becoming a football politician, most of Ceferin’s professional experience is in criminal law. As a relative novice to football administration, having led the Slovenian federation since only 2011, Ceferin won’t be treated in awe like Platini.“As a lawyer you learn how to (negotiate), trust me. I have had 15,000 clients in my career,” Ceferin said. “I represent the biggest sports organization in the world and we have some power.”The 49-year-old Ceferin emerged from relative obscurity to assume the reigns of the confederation which runs two of football’s biggest competitions — the Champions League and European Championship. Ceferin’s landslide UEFA election win last month was the latest twist in world football, where the established hierarchies were shaken by criminal investigations and ethics cases.A raid on FIFA headquarters by Swiss police in September 2015 paved the way for Ceferin’s victory. An improper payment of 2 million Swiss francs ($2 million) from FIFA to Platini in 2011 was uncovered, leading to a four-year ban from football being imposed . Platini was no longer eligible to succeed Sepp Blatter as FIFA president in February, and UEFA general secretary Gianni Infantino unexpectedly stood for election in his place and won.Although Michael van Praag, as a UEFA vice president and former FIFA candidate, was considered the favorite to replace Platini as head of European football, the Dutchman’s support drained to Ceferin.“It was now or never,” Ceferin said. “Those terrible things that happened in football, in a way helped my candidacy because people didn’t want to see establishment anymore, the same faces anymore. They really trust in the wind of change. And it’s a responsibility for me.”But questions about Ceferin’s integrity have overshadowed the opening weeks of his reign. He was forced to defend the scrupulousness of a 4 million euro-loan from UEFA to his federation long before he was a presidential candidate.“It was as clean as possible,” he said. “I expected some mosquito bites because some of the old guys were very disappointed by me being elected.”Ceferin’s mandate is overwhelming after being supported by 42 of UEFA’s 55 federations .“With such big support the disappointment is very big if you don’t do anything,” he said. “I have to use it.”DANGERS IN EUROPEUEFA’s “Say no to racism ” campaign has been prominent across Europe this week because, for all the fines and stadium closures, discriminatory incidents have not been eradicated from matches.“The problem was we just punished the association (or club) and collected money,” Ceferin said. “At the same time we have to educate people.”Ceferin was “surprised” FIFA decided to abolish its anti-racism task force last month, and has concerns that Europe is becoming “simply too dangerous.”“We are in specific sensitive position in Europe now,” he said. “Europe is not very safe. I’m not speaking just about potential terror attacks but right-wing extremists, all kind of extremists. You have seen that at the Euro in France. So we have to work on it.”In France in June, Russia was threatened with expulsion from Euro 2016 over fan violence.“It happened once and it won’t happen again,” Ceferin said, looking ahead to the 2018 World Cup in Russia, and St. Petersburg hosting Euro 2020 games. “I am almost convinced they will solve that problem.”Protecting the integrity of matches is a more complex challenge.“We should fight match fixing more aggressively because we haven’t done enough,” Ceferin said. “Match fixing is killing the game. The early warning system is not enough. We have to connect to police around Europe and to act with them.”FINANCIAL DISPARITIESCeferin inherits the flagship policy of Platini, who was implementing changes to the rules that punish clubs who spend more than they earn, when he was toppled from power.“Financial Fair Play is in principle working very well but it needs improvement,” Ceferin said. “It’s not ideal. Sustainability should be the main goal. It’s important to try to make the gap between the rich (clubs) and the poor ones closer.”Coming from a smaller federation, Ceferin hopes he can convince the “big rich clubs with their own interests … without each other we are all finished.” That is why he will resist any moves by the elite to establish a breakaway Super League, warning: “Without national leagues, football is dead.”AUTHORITY WITHOUT FEARIn the courts of Slovenia, the lawyer faced far more formidable figures than the bureaucrats he must now take on in negotiations over World Cup places for European teams, and the future of the Champions League . Despite projecting a no-nonsense and forthright demeanor, Ceferin talks of a collegiate leadership style.“If you trust people and people believe in you, it’s the strongest leadership,” Ceferin said. “If they are scared then it will not be productive. At the same time we all know who is in charge, but I don’t want to show that in a primitive way: To shout.”Ceferin is, however, determined to shake up the system. Unspecified term limits for top executives will be imposed, following changes at FIFA where council members can now serve only three four-year terms. Ceferin is hoping for “new blood” on the executive committee and only candidates who are serving in leading positions at their federations.Four of UEFA’s representatives on the FIFA Council will have to seek re-election in April. The two longest-serving, Michel D’Hooghe of Belgium (29 years) and Senes Erzik of Turkey (21 years) have said they will retire. Marios Lefkaritis of Cyprus, and Russian deputy prime minister Vitaly Mutko have held their positions for 10 and eight years respectively.“When you are there for 15-20 years you become sleepy, and think about your limousines and your suites,” Ceferin said. “The worst thing is at the end you think you own the organization and you don’t have to answer to anybody.”Ceferin has less than three years until he has to answer to the UEFA electorate again — if he seeks a second term in 2019.“I am not afraid,” he says of the challenges ahead.TweetPinShare0 Shareslast_img read more

James Rodriguez doubtful for Colombia’s World Cup 2018 opener vs Japan

first_imgColombian star James Rodriguez may not start for Colombia when they begin their 2018 FIFA World Cup campaign against Japan on Tuesday.Rodriguez had set alight the Brazilian soil four years ago with his six goals, that helped Colombia reach the quarter-finals. He had won the Golden Boot for being the highest scorer of the tournament.Rodriguez, along with Radamel Falcao, is the key for Colombia if they are to advance from the group.However, as the Colombians prepare to begin their Group H battle against Japan, Rodriguez is a doubtful starter.2018 FIFA WORLD CUP: FULL COVERAGEThe 26-year-old had missed a training session in Kazan on Friday due to muscle fatigue and his left calf has reportedly been the trouble.Even as the Bayern Munich man did train at the Mordovia Arena in Saransk on Monday, the state of his fitness was unclear.”We are waiting to see what the doctors will say after the last check,” Colombia coach Jose Pekerman told a news conference.Also read – World Cup: Saudi Arabia players safe after plane engine catches fireGreat expectations have been placed on Rodriguez as the spearhead of the best generation of Colombian players since the 1990s. He won over many neutral fans in Brazil for his spectacular style — and his salsa-dance goal celebrations.But his club performances since 2014 have been inconsistent and he is currently on loan to Bayern Munich from Real Madrid.Pekerman insisted several other players could step up to the mark should Rodriguez not take the field on Tuesday.advertisementAlso read – Earthquake at home, false alarm at hotel disturb Japan’s World Cup team”We always wait until the very last minute before we decide,” Pekerman said.”World Cups are played after a very heavy season. It is true some players arrived here in Russia not feeling very comfortable. They have all improved very much, even if some of them are a little tired.”One ace up his sleeve is striker Radamel Falcao, Colombia’s all-time top scorer. “El Tigre” is raring to make his World Cup debut, having missed the 2014 tournament through injury.Pekerman mentioned Jose Izquierdo, Juan Quintero and Mateus Uribe as potential match winners.Also read – World Cup 2018: FIFA investigating homophobic chants by Mexico fans”We have enough players for all alternatives,” he said. “Our team is much richer, much stronger (than in 2014). We’ve got much more flexibility.”If Rodriguez’s absence would disappoint Colombia’s legions of fans, it would be a relief to Japan coach Akira Nishino.Colombia walloped Japan 4-1 in the group stage in 2014 on their way to the quarter-finals, with Rodriguez among the scorers.”He is almost like a symbol of the Colombia team, a points-getter, a mood-maker,” Nishino said. “It is difficult to mark him. Who is going to mark him? The whole of the team. We cannot give him time or room….he is everywhere on the pitch.”With Colombia ranked 16th by FIFA and Japan 61st, “Los Cafeteros” (the Coffee-makers) are favoured to win. But Pekerman made clear he was not under-estimating the Blue Samurai and their quick, fast-breaking style.Group H, which also features Poland and Senegal, is one of the more open of the tournament.”We think Japan is going to be a very tough team. We have completely forgotten what happened in the last World Cup,” said Pekerman, an Argentine who has managed Colombia since 2012.”In the short term our main aim is to go through to the next stage. The group phase is really tough. We’ll see what happens this time. We hope to be at least as good or better than four years ago.”(With Reuters inputs)last_img read more

Ashes 2019: Bancroft included in Australia’s 25-Member Squad

first_img Reuters New DelhiJuly 14, 2019UPDATED: July 14, 2019 12:32 IST File photo: ReutersAll-rounders Glenn Maxwell and Marcus Stoinis have been excluded from a 25-player squad for an intra-Australia clash that will go a long way to deciding the makeup of Tim Paine’s Ashes side.Both Maxwell and Stoinis had a disappointing World Cup during Australia’s run to the semi-finals in England, with Maxwell wearing plenty of criticism for his repeated failures with the bat.The extended squad has seven players from the World Cup campaign, 15 from the Australia A squad touring England and three players – pace bowler Peter Siddle, and batsmen Cameron Bancroft and Marnus Labuschagne – who have been playing in the English county circuit.Players from the squad will be picked in an Australia versus Australia A clash from July 23-26 in Southampton, with Ashes spots on the line ahead of the first test against England on Aug. 1 in Edgbaston.Former captain Steve Smith and openers David Warner and Bancroft have all been included, the first time the three have been selected in an Australia squad since serving lengthy bans for the ball-tampering scandal in Cape Town in March 2018.”Cameron (Bancroft) was making a fair amount of headway when he played test cricket last for Australia and that was in South Africa,” said national selector Trevor Hohns.”He’s playing with Durham in the County Championship … He’s scoring runs on a pretty regular basis.”Alex Carey is one of three wicketkeepers picked alongside test captain Paine and Tasmania’s Matt Wade following a solid World Cup behind the stumps.Carey scored 375 runs at 62.50 and racked up 20 dismissals.advertisement”He’s proving himself to be a very smart cricketer,” said Hohns.”Batting-wise he was very, very good … We’ve been very impressed with his glovework for some time now so he’s progressing nicely.”Usman Khawaja’s participation in the trial match is uncertain as he races to recover from a hamstring strain sustained during the World Cup loss to South Africa.Squad:Cameron Bancroft, Jackson Bird, Joe Burns, Alex Carey, Pat Cummins, Peter Handscomb, Marcus Harris, Josh Hazlewood, Jon Holland, Travis Head, Usman Khawaja, Marnus Labuschagne, Nathan Lyon, Mitchell Marsh, Michael Neser, Tim Paine, Kurtis Patterson, James Pattinson, Will Pucovski, Peter Siddle, Steve Smith, Mitchell Starc, Chris Tremain, Matthew Wade, David Warner.ALSO READ | Alec Stewart backs Jason Roy to open England batting during AshesALSO READ | England suffer James Anderson injury scare ahead of Ashes 2019ALSO WATCH:For sports news, updates, live scores and cricket fixtures, log on to Like us on Facebook or follow us on Twitter for Sports news, scores and updates.Get real-time alerts and all the news on your phone with the all-new India Today app. Download from Post your comment Do You Like This Story? Awesome! Now share the story Too bad. Tell us what you didn’t like in the comments Posted byNayanika Sengupta Tags :Follow Ashes 2019 Ashes 2019: Bancroft included in Australia’s 25-Member SquadThe 2019 Ashes will take place between August 1, 2019, and September 16, 2019. England will like to avenge last times 4-0 humiliation on Australian soil.advertisementlast_img read more

Work in Progress on Special Diaspora Bond

first_img Work is advancing on the development of a special diaspora bond, being spearheaded by the Economic Growth Council (EGC), which could possibly see it being floated on the market this year. Executive Director of the EGC, Senator Aubyn Hill, who notes that the concept is resonating across the diaspora, says work on the instrument entails studies to determine how the bond should and will be tailored; and putting together a prospectus to inform prospective bondholders on investment dividends. Work is advancing on the development of a special diaspora bond, being spearheaded by the Economic Growth Council (EGC), which could possibly see it being floated on the market this year.The bond will mainly target Jamaicans living in Canada, the United Kingdom and United States, and is part of the EGC’s initiatives to assist with the Government’s undertaking to lobby greater diaspora support for the country’s growth agenda.Executive Director of the EGC, Senator Aubyn Hill, who notes that the concept is resonating across the diaspora, says work on the instrument entails studies to determine how the bond should and will be tailored; and putting together a prospectus to inform prospective bondholders on investment dividends.He tells JIS News that based on the extent of these engagements, “I would say that in about (four) months, we might be able to go to market,” subject to updates from and confirmation by the EGC’s Diaspora Working Group, which is chaired by Council member, Dr. David Panton.Development and floating of the proposed bond was initially announced by EGC Chairman, Michael Lee-Chin, during the Council’s first quarterly report in January 2017.He indicated then that the EGC and, by extension, Government would benefit from the expertise of the Israeli Government’s Bond Director, Gideon Sitterman, whose services were sought by Mr. Lee-Chin during his visit to Jerusalem, where they had discussions.This collaboration was pursued against the background of Israel having what is widely regarded as the most successful diaspora financial services organisation globally, as also sharing similarities with Jamaica, in terms of diaspora community compositions.As such, both gentlemen (Lee-Chin and Sitterman) explored how Mr. Sitterman’s expertise could be best leveraged to assist with Jamaica’s bond development, targeting Jamaicans residing in the United States, Canada and United Kingdom, as obtains for the Jewish State.Mr. Sitterman said in addition to the EGC’s request, he was asked by the Israeli Prime Minister’s Office to assist, “based on mutual respect that both countries have for each other and the good relations that we have with Jamaica”.Israel’s Government first floated bonds in 1950 during the tenure of the Jewish State’s first Prime Minister, David Ben-Gurion, in the aftermath of that country’s War of Independence, which devastated its economy and wiped out more than one per cent of the population.The fledgling nation’s woes were further compounded by dire economic demands unique to the new State, consequent in part on the arrival of hundreds of thousands of immigrants from post-World War II Europe and the Middle East.In light of this, Mr. Ben-Gurion convened a meeting of American Jewish leaders in Jerusalem in September 1950 where he proposed issuing bonds to help in providing Israel with a more secure economic foundation.The proposal’s endorsement yielded US$52 million at the end of the first year of subscription in 1951, more than double the initial projections. Global sales of Israeli Bonds are estimated at approximately US$40 billion.Mr. Sitterman noted that in addition to the economic benefits, the bond concept was intended to build a bridge between Jews in the Diaspora and those in Israel.In this regard, he said development of the bond represents “an opportunity for the diaspora and Jamaica” to further strengthen their relationship, adding that “they will have the chance to come back and be part of the new approach to get growth”.It is estimated that about 20 per cent of Jamaica’s income is comprised of remittances from families and friends overseas. He indicated then that the EGC and, by extension, Government would benefit from the expertise of the Israeli Government’s Bond Director, Gideon Sitterman, whose services were sought by Mr. Lee-Chin during his visit to Jerusalem, where they had discussions. Story Highlightslast_img read more

AIADMK government did not act ahead of TNs water crisis Stalin

first_imgChennai: DMK President M.K.Stalin on Monday attacked Tamil Nadu’s ruling AIADMK government accusing it of not working proactively, when the lakes supplying water to the city started drying. Leading a prostest here demanding a solution to Chennai’s water crisis, Stalin said the government did not take act when the lakes supplying water to the city started drying. “The one question being asked by people across Tamil Nadu is ‘where is the water’? The AIADMK government has not completed any drinking water project in the state. Its party officials are holding yagnas in temples — not for the rains, but to protect their own government,” Stalin told the people holding the demonstration with empty pots. Also Read – Cong may promise farm loan waiver in Haryana The DMK chief said if his party comes to power, it will order a probe into the irregularities in the ongoing desalination water project. On Saturday, the DMK held protests at all the district headquarters to press the government to mitigate people’s suffering in the parched state. While Cholavaram (full capacity 1,081 mcft) and Redhills (full capacity 3,300 mcft) and Chembarambakkam (3,645 mcft) lakes that supply water to Chennai have run dry, there is only 19 mcft water left in Poondi reservoir (against a full capacity of 3,231 mcft), according to the Chennai Metropolitan Water Supply and Sewerage Board.last_img read more

Most actively traded companies on the TSX

Some of the most active companies traded Friday on the Toronto Stock Exchange:Toronto Stock Exchange (15,303.83, up 92.61 points).Aurora Cannabis Inc. (TSX:ACB). Health care. Down 17 cents, or 1.95 per cent, to $8.53 on 24.4 million shares.MEG Energy Corp. (TSX:MEG). Energy. Down 15 cents, or 2.73 per cent, to $5.35 on 12.4 million shares.Bombardier Inc. (TSX:BBD.B). Industrials. Up one cent, or 0.48 per cent, to $2.10 on 11.4 million shares.Encana Corp. (TSX:ECA). Energy. Up 14 cents, or 1.52 per cent, to $9.34 on 8.8 million shares.Baytex Energy Corp. (TSX:BTE). Energy. Down six cents, or 2.3 per cent, to $2.55 on 6.9 million shares.Hexo Corp. (TSX:HEXO). Health care. Up 51 cents, or 7.96 per cent, to $6.92 on 6.3 million shares.Companies reporting:MEG Energy Corp. Shares in oilsands producer MEG Energy continued to slide Friday after a credit rating agency said rival Husky Energy Inc.’s failure to consummate a hostile takeover bid was actually “credit positive” for Husky. After falling 35.6 per cent on Thursday, MEG stock lost another 2.7 per cent on Friday. Husky lost 4.3 per cent after gaining 12.4 per cent Thursday, Husky’s decision to abandon its bid for MEG after more than 50 per cent of the shares were tendered by Wednesday afternoon’s deadline surprised most financial analysts who had expected it to extend more time to try to achieve the two-thirds support it needed.WestJet Airlines Inc. (TSX:WJA). Up 43 cents or 2.3 per cent to $18.98. The Transportation Safety Board of Canada says an onboard fire that forced a WestJet plane to return to the Calgary International Airport soon after takeoff last June was caused by spare e-cigarette lithium-ion batteries that a passenger failed to declare in his checked baggage. The agency says in a report that a backpack caught fire and caused minor thermal damage to the cargo compartment’s fire-resistant liner near the bag. An investigation could not determine if the damage occurred before the batteries arrived at the airport or during baggage handling.Canadian National Railway Co. (TSX:CNR). Up 25 cents to $109.25. The Federal Court of Appeal has upheld a ruling that found the courts have jurisdiction to determine damages CN Rail must pay after breaching its service obligations to a Prairie grain shipping company during a bumper crop five years ago. The case goes back to a complaint filed by Calgary-based Louis Dreyfus Commodities Canada Ltd. to the Canadian Transportation Agency. Dreyfus said CN failed to provide enough rail cars to some of its grain elevators in Alberta and Saskatchewan to ship the record 2013-2014 grain crop.The Canadian Press read more

Canadian Pacific Railway hikes dividend by 155 per cent

CALGARY — Canadian Pacific Railway Ltd. is raising its quarterly dividend by 15.5 per cent.The railway says it will now make a regular payment to shareholders of 65 cents per share, up from 56.25 cents per share.Based on the company’s closing share price of $238.76 on Wednesday it will have an annual yield of about 1.09 per cent.Canadian Pacific also said that it bought back about 4.4 million of its shares at a weighted average price of $214.31 in May.By buying back its stock, a company spreads its profits over fewer shares.That increases its return on equity and earnings per share, two key ratios used to determine a company’s financial health and investment rating. read more

Saskatoonbased Claude Resources fined 25K for safety violations

AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to RedditRedditShare to 電子郵件Email Saskatoon-based Claude Resources fined $25K for safety violations by The Canadian Press Posted Jan 29, 2014 1:59 pm MDT SASKATOON – A Saskatoon-based gold mining company and a supervisor has been fined almost $27,000 for safety violations.Claude Resources Inc. (TSX:CRJ) pleaded guilty to three charges under Saskatchewan occupational health and safety legislation and was fined $24,500 in Saskatoon provincial court earlier this month.Claude shift boss Steve Strickland also pleaded guilty to failing to take reasonable care to protect his health and safety and that of other workers and was fined $2,100.The charges stemmed from a blasting operation on Jan. 22, 2012 at Laonil Lake.The concussion from the blast knocked Strickland and another employee to the ground, injuring the employee and another worker’s leg was broken when a truck was pushed forward by the blast, pinning him to a wall.The company pleaded guilty to failing to ensure work was sufficiently and competently supervised; failing to ensure appropriate written procedures were provided to a worker who conducts a blasting operation to ensure the safety of the worker and any other person in the vicinity of the blasting operations; and failing to ensure that in the case of a blast initiated by electrical means, that only an approved blasting machine is used. read more

Listen To Hot Takedown Our Sports Podcast Pilot

Some of what we mentioned on this week’s show:Benjamin Morris breaks down Pete Carroll’s call.Nate Silver: Are the Patriots the greatest dynasty ever?Did the Hawks put together the greatest month in NBA history?Grantland’s ode to Atlanta Hawks forward Al Horford.(This is part of the prelaunch experimentation for the FiveThirtyEight podcast. We’ll be posting audio of different kinds on SoundCloud and then launching the actual podcast this spring. Stay tuned! And let us know what you think by tweeting our podcast producer/host, @jodyavirgan, or emailing us.) By Jody Avirgan More: Apple Podcasts | ESPN App | RSS Loyal FiveThirtyEight readers: This week we recorded a trial run of our new sports podcast “Hot Takedown,” and we’re eager for you to take a listen. We’re trying to add a little data perspective to the major storylines — and arguments — of the week.This episode, editor Chadwick Matlin, sportswriter Neil Paine and visual journalist Allison McCann discuss the Super Bowl and winning streaks in the NBA. FiveThirtyEight’s Reuben Fischer-Baum also stops by to provide this week’s “significant digit” — a historically bad free-throw performance in Brooklyn.Take a listen or download it below. read more

Tradestars 45th anniversary and opening of new worldclass facility

first_imgOn October 29, Tradestar Corp celebrated its 45th year of building mining equipment and the grand opening of its world class truck facility. Tradestar has a long history of designing, building and maintaining commercial explosive manufacturing equipment. The company developed the explosive industry’s first bulk delivery equipment to pump slurry mix explosives—revolutionising the industry. Tradestar serves the surface and underground explosives mining, stone and construction markets in North and South America, Asia Pacific, Eastern Europe and Russia.Commenting on the new truck facility, Lincoln Hirayama, General Manager of Tradestar said “our facility opens doors to new markets for us. It gives us significantly expanded capability and capacity to quickly respond to the changing industry landscape and deliver high quality products with our state of the art facility. We are well positioned to take advantage of additional markets and are excited to expand and grow the business. Many lean production and management principles were incorporated into the facility from concept to final build. The workforce continues to transform this work space through application of these principles.”Tradestar’s new facility of over 9,600 m2 supports the global growth plan. Tradestar is projected to double in size over the next five years. It says “this level of growth is possible due to the core capabilities of its staff:Advanced technical knowledge of explosive mixingSuperior understanding of integrated process control systemsIndustry expertise of regulatory requirements Ability to deliver and meet a wide range of standard and custom equipment requirements.The facility brings a new level of sophistication to Tradestar, allowing it to shorten the time to delivery through efficient processes, work effectively and safely year round through improved workflow, and strengthen the customer focus through advanced resourcing capabilities.The company says that “by working closely with its customers to customise and design proprietary and ground-breaking technologies, Tradestar has become known as a reliable and innovative manufacturing and service partner.”last_img read more

Finnish energy minerals producers to fuel Vaasa battery cluster

first_imgThe extensive battery factory project launched by Vaasa just over a year ago has brought together a strong network. Alongside the largest energy technology cluster in the Nordic countries – EnergyVaasa – the Kokkola region also plays a key role with high-quality raw material refining and battery chemistry-related research.In addition, the network includes five companies that can supply essential raw materials for the battery industry in a sustainable and ethical way globally. Companies operating in Finland can cover a significant part of the battery industry value chain: mineral reserves, the production of cathode and anode materials for battery chemicals, and eventually the production and recycling of battery cells and batteries.The cooperation network is working specifically to obtain international investment in the battery cluster in Finland. In this work, covering the entire value chain in the field is an essential issue and an interesting valuable proposition for large international operators.“During the year, several new battery factory projects have been launched in the world. We are having discussions with American, Asian and European battery manufacturers. Demand for batteries will continue to grow, especially around applications like local energy storage solutions and traffic. Finland now has a unique opportunity to be involved in the growth and active development of this new field of industry,” says Mayor of Vaasa, Tomas Häyry.Finland is also highly competitive in other key criteria for battery operators, such as the price of clean electricity, labour skills, productivity, and training. The salary level of engineers is also moderate in Finland compared to Germany, for example. The cooperation network includes the cities of Vaasa and Kokkola; Freeport Cobalt, the world’s largest cobalt refinery and producer of battery chemicals; Nornickel, the producer of world-class nickel metals and nickel chemicals in Harjavalta; Terrafame Group, the parent company of Terrafame producing nickel, zinc, cobalt and copper in Sotkamo; Keliber, which is preparing to start lithium production in Kaustinen and Kokkola; as well as BeoWulf Mining, the owner of a graphite deposit in Heinävesi.The network was established at Vaasa’s initiative. The EnergyVaasa cluster accounts for almost a third of Finland’s total energy technology exports, and the region also has very strong electronics and automation technology expertise. In the Vaasa region, a large area of several hundred hectares is being planned for battery factories: at its peak, construction work can be started already this year.“The common goal is to speed up the world’s transition to sustainable energy. The development of land use in the area reserved for battery manufacturing operations is proceeding as planned, and the EIA process has been accelerated by implementing the program phase together with regional operators. This will enable us to offer a well-prepared site for even significantly large battery cluster investments at a fast schedule,” says Ulla Mäki-Lohiluoma, CEO of Vaasa Parks Oy.Kokkola Industrial Park in Kokkola is Northern Europe’s largest inorganic chemical industry cluster. Freeport Cobalt’s cobalt refinery already operates in the area, and Keliber’s lithium refining chemical plant will also be located there. Additionally, the battery chemical research of the Kokkola University Consortium Chydenius has long been serving enterprises in the field both in Finland and internationally.“We are proud of our area and want to jointly develop the battery industry and energy storage sustainably. At the beginning of the battery industry value chain, we are the strongest concentration in Northern Europe; we have plug-in solutions for clean heavy industry interested in the circular economy, as well as Finland’s strongest expertise centre of the field in this area,” says Kokkola Mayor Stina Mattila.Norilsk Nickel Harjavalta is a global producer of nickel metals and nickel chemicals. In 2017, it produced almost 60,000 t of nickel. Nickel is used for example in electric car batteries. Terrafame Oy produced approximately 21,000 t of nickel and about 47,000 t of zinc in 2017. At present, Terrafame is preparing an investment decision on refining its nickel-cobalt product further to battery chemicals. The objective is that the new plant will start operating in 2020. The parent company, Terrafame Group Oy, is one of the few Finnish companies involved in the EU Battery Alliance network, which is preparing a new battery cluster funding program on the mandate of the EU commission.“Global electric vehicle and plug-in hybrid penetration would need to reach 12% in order to comply with international climate targets by 2025. This would mean that the proportion of electric vehicles and plug-in hybrids would be ten times higher than currently. At the same time, the demand for raw materials for electric cars is expected to grow strongly. The development offers very interesting outlooks for individual companies as well as for the Finnish battery and mining cluster as a whole”, says Matti Hietanen, CEO of Terrafame Group Oy.Keliber is preparing to launch lithium production. The mining company owns several well-studied lithium deposits in Central Ostrobothnia and aims to produce especially clean lithium carbonate.“In the future, movement in the constantly urbanising world will be based on electricity, and lithium-ion battery technology will play a significant role in this turning point of traffic. The increase in the production of renewable energy augments the need for energy storage, thus contributing to the demand for batteries and raw-materials required in the battery industry. It is great that a new energy cluster with excellent export potential is being developed in cooperation with different operators in Finland. We are happy to be involved in such a cooperation network”, says Pertti Lamberg, CEO of Keliber Oy.The Finnish subsidiary of Beowulf Mining, Fennoscandian Resources, owns several graphite deposits in Finland. The aim of the ore exploration company is to apply for a mining permit for the Aitolampi graphite deposit in Heinävesi this year. “It’s great to be part of Vaasa’s battery factory project and to have the opportunity to supply domestic graphite in a sustainable and ethical way”, says Rasmus Blomqvist, CEO of Fennoscandian Resources Oy.Business Finland’s national Batteries from Finland concept is designed to help Finnish operators gain access to the European and global battery network. The activation kit covers the entire value chain of the battery industry from raw material production to battery manufacture, applications and recycling. Around 70 participants from nearly 40 organisations participated in the battery meeting held by Business Finland in February, which shows strong interest in the battery industry.“Finland has good prerequisites to succeed in the tight competition for battery-factory locations in Europe. This requires close national and regional cooperation between the different operators, from which active cooperation between Business Finland and the Vaasa network is a good example. Our common goal is to gain a significant foothold in Europe for batteries manufactured from Finnish raw materials in Finland”, says Vesa Koivisto, Head of Industry of Business Finland.last_img read more

LISS finira ses jours dans locéan dès 2020

first_imgL’ISS finira ses jours dans l’océan dès 2020Après 2020, la Station spatiale internationale (ISS) redescendra sur Terre et ira terminer ses jours au fond de l’océan, a annoncé hier l’Agence spatial russe. Après la fin du programme navette de la Nasa, c’est une autre page qui se tournera pour la conquête spatiale en 2020. Mercredi, l’Agence spatiale russe a en effet annoncé qu’une fois sa mission achevée, la Station Spatiale Internationale (ISS) sera redescendue sur Terre et terminera son cycle de vie au fond des mers. Un destin semblable à celui de la station Mir immergée en 2001 par Roskosmos. À lire aussiSpaceX : un satellite d’Elon Musk manque d’entrer en collision avec un satellite de l’ESA”Nous allons être obligés d’immerger l’ISS après son cycle de vie”, a déclaré le directeur adjoint de Roskosmos, Vitali Davydov, dans une interview publiée sur le site de l’Agence spatiale russe. “Nous nous sommes mis d’accord avec nos partenaires sur le fait que la station sera exploitée jusqu’aux alentours de 2020. On ne peut pas la laisser en orbite: la station est un objet très lourd et complexe qui risque de produire beaucoup de déchets”, a t-il poursuivi.Occupée en permanence depuis novembre 2000, l’ISS demeure la plus grande structure spatiale jamais conçue avec ses dimensions de 108 mètres de long pour 88 mètres de large. Plusieurs pays ont participé à sa construction débutée en 1998, parmi lesquels la France, les Etats-Unis, la Russie, le Japon, le Canada ou encore le Brésil. Aujourd’hui, les équipages, essentiellement russes et américains, qui occupent la station se relaient tous les quatre à six mois. Encore en service pour plusieurs années donc, l’ISS orbite actuellement à 350 kilomètres de la Terre et met 90 minutes pour faire le tour de notre planète à 28.000 kilomètres par heure. Le 28 juillet 2011 à 09:36 • Maxime Lambertlast_img read more

Des infos sur le Nokia Lumia 910

first_imgDes infos sur le Nokia Lumia 910 ?Un blogueur russe annonce, via twitter, que le successeur du Lumia 900 sera très prochainement disponible. Il incorporerait un module APN plutôt intéressant…Alors que le Nokia Lumia 900 (notre photo) sortira dans un peu plus d’un mois au pays de l’oncle Sam, son successeur, le Lumia 910 serait prévu pour le mois de mai en Europe !C’est le bloggueur russe Eldar Murtazin, souvent bien renseigné, qui l’annonce via sa page twitter (lien non disponible). Mais ce n’est pas tout !Il explique également que le Nokia Lumia 910 intègrerait un capteur APN de 12 Mpixels. Rien que ça ! Mais cette annonce, si elle s’avèrerait véridique, pose un épineux problème pour les consommateurs américains; pourquoi acheter un smartphone en mars alors que son successeur sort deux mois plus tard outre-atlantique ?Gageons que le Mobile World Congress 2012 puisse rendre quelques éléments de réponse…Le 26 janvier 2012 à 19:22 • Maxime Lambertlast_img read more

UAA runners prep for NCAA National Championships

first_imgThe UAA cross country running team warms up before practice at the Dome in Anchorage. (Photo by Josh Edge/APRN)For eight consecutive seasons, both the University of Alaska Anchorage’s men’s and women’s cross-country running teams qualified for the NCAA Division II National Championships. This year they even picked up two titles along the way at last weekend’s West Region Championships in Monmouth, Oregon.Download AudioUAA took the top two spots in both the men’s and women’s races. According to head cross-country coach Michael Friess, that accomplishment is very rare.“We’ve kind of checked back at little bit on records; we don’t know if that’s ever happened – or at least hasn’t happened in a long time – that one school has had the 1st and 2nd finishers in each of the races,” Friess said.Taking the top spot in the women’s race was UAA junior Joyce Chelimo, who is coming back after of a red-shirt season, where she took a season-long hiatus from collegiate competition.She says the year away from racing allowed her to come back this season stronger – both mentally and physically.“I am now more mentally prepared and I’m strong enough that I can handle the pain, than two years ago,” Chelimo said. “I think it comes with experience, and when I was sitting back and I wasn’t competing, I was looking back at myself, like, ‘What do I need to improve? What are competitors doing that I don’t do?’”Chelimo’s 20 minute 42 second time on the 6-kilometer course put her atop the leader board, followed about 17 seconds later by fellow UAA runner Caroline Kurgat.Coach Friess, who in the midst of his 26th season at the helm of the cross-country team, says the meet was a solid showing.“The main goal is to have both teams qualify for the National Championship and to try to then carry some momentum into a national meet,” Friess said.That goal was achieved.The men’s team qualified for nationals with the help of Henry Cheseto‘s second-straight, first place finish at the West Region meet. He says he’s happy he won the regional title again, but now he’s looking to improve his performance at the national meet.“If I took a look back to what I did last year, I was almost there,” Cheseto said. “Meaning I have today to sit there and make sure I will stay with the fast group.”Cheseto ran the 10-kilometer West Region course in 29 minutes and 29 seconds, followed by Dominik Notz – also of UAA – less than 3 seconds later.With 32 teams on the docket for the National Championships, Coach Friess says you can never tell how things will play out.“What every team hopes is that they just have their best race,” Cheseto said. “They can run up to their potential, not maybe something above what they’ve ever done before, but at least just run what they’ve been able to run.”“And I think if we can do that, then we’re gonna be pretty satisfied with our outcome.”The NCAA Division II Men’s and Women’s Cross Country Champions will be held November 21st in Joplin, Missouri at the Tom Rutledge Cross Country Course, hosted by Missouri Southern State University.last_img read more

Majili box office collection day 3 ChaySam film crosses Rs 25 crore

first_imgNellore0.700.40 Vizag1.981.94 Rest Of India1.501.85 Ceeded2.501.77 Guntur1.621.24 Krishna1.281.01 G West1.120.64  Overseas3.002.25center_img AP/TS Total16.6413.25 G East1.440.90 Nizam6.005.35 AreaRightsEarnings Majili first weekend box office collectionTwitterMajili  made a fantastic collection at the worldwide box office in the first weekend. The Naga Chaitanya and Samantha Akkineni starrer has inched closer to Rs 30 crore gross mark in three days.Riding on huge hype, Majili was released in a large number of cinema halls on April 5 and made a superb debut at the ticket counters across the globe. The film collected Rs 11.50 crore gross at the worldwide box office on the first day. The movie became the biggest opener for Naga Chaitanya, smashing the records of Savyasachi and Shialaja Reddy Alludu, which minted Rs 7.70 crore and Rs 11.40 crore.Majili was successful in striking the chord with most of the filmgoers and meeting the expectations that it had generated before its release. Many viewers heaped praises upon director Shiva Nirvana, actors and technicians of the film. What has stunned them the most is the amazing chemistry between Naga Chaitanya and Samantha Akkineni, who are fondly known as ChaySam. Naga Chaitanya and Samantha Akkineni in MajiliTwitterA good word of mouth helped it hold very strong at the ticket counters on Saturday and Sunday and its collection on both theses was on par with its opening day business. Majili has collected approximately Rs 28.18 crore gross at the worldwide box office in the first weekend and it is the highest amount for a film starring Naga Chaitanya. Naga Chaitanya and Divyansha Kaushik in MajiliTwitterMade on budget of around Rs 20 crore, Majili fetched Rs 21.14 crore for its producers from the sale of its theatrical rights. The movie has earned Rs 17.35 crore for its distributors in three days. The film has recovered 82.07 percent of the investment to its distributors in its opening weekend. It is expected return the remaining amount on the weekdays.Here are the details of the price of its area-wise theatrical rights and earning of Majili these numbers are based on various sources and they may not match with the actual ones. All the figures are in rupees and crore.AreaAreaRightsRightsEarningsEarningsAreaNizamRights6.00Earnings5.35AreaCeededRights2.50Earnings1.77AreaVizagRights1.98Earnings1.94AreaG EastRights1.44Earnings0.90AreaG WestRights1.12Earnings0.64AreaKrishnaRights1.28Earnings1.01AreaGunturRights1.62Earnings1.24AreaNelloreRights0.70Earnings0.40AreaAP/TS TotalRights16.64Earnings13.25AreaRest Of IndiaRights1.50Earnings1.85Area OverseasRights3.00Earnings2.25AreaGlobal Total Rights21.14Earnings17.35 Global Total 21.1417.35last_img read more

Russian indicted for interfering in US congressional polls

first_imgChristopher Krebs, undersecretary of the Department of Homeland Security`s National Protection and programs directorate, speaks during a news conference on election cyber security on 19 October. Photo: APThe US government on Friday charged a Russian national with playing a key financial role in a Kremlin-backed plan to conduct “information warfare” against the United States, including ongoing attempts to influence next month’s congressional elections.Elena Alekseevna Khusyaynova, 44, became the first person charged with a crime for attempting to interfere in the 2018 US midterm elections, according to a government official with knowledge of the investigation.Khusyaynova was the chief accountant for Project Lakhta, an operation started in 2014 and financed by a Russian oligarch close to Russian president Vladimir Putin and two companies he controls, according to a criminal complaint.The oligarch, Evgeny Viktorovich Prigozhin, and his two companies were indicted in February in special counsel Robert Mueller’s separate investigation of alleged Russian meddling in the 2016 US presidential election to boost eventual winner Donald Trump over his Democratic opponent, Hillary Clinton.The case against Khusyaynova was unsealed on the same day that US law enforcement and intelligence agencies issued a warning about attempts by Russia, China, Iran and other foreign entities to interfere with 6 November congressional elections, in which Trump’s Republicans are trying to maintain majority power in Congress, and national elections in 2020.The complaint detailed new examples of Russians using fake personas on social media to stoke divisions over race, gun rights, voter fraud and other contentious issues. Some messages targeted next month’s elections, indicating the operation has not been deterred by Mueller’s indictments earlier this year.”This one shows that the threat from Russia is not over,” said Barbara McQuade, a former US attorney in Michigan. “This is a true propaganda war.”Using social media and other avenues, the Russians are waging “information warfare against the United States,” to sow distrust in the political system, according to the complaint, which charged Khusyaynova with conspiracy to defraud the United States.The complaint included Facebook and Twitter posts that were both critical of Republicans and supportive of president Donald Trump. One post in March, for example, suggested Trump deserved the Nobel Peace Prize for his negotiations with North Korean leader Kim Jong Un aimed at denuclearization.Trump, who at a news conference in Helsinki in July with Putin cast doubt on his own intelligence agencies’ findings that Russia had meddled with the 2016 election, dismissed the latest charge against Russia as unrelated to him.”It had nothing to do with my campaign,” Trump told reporters in Scottsdale, Arizona. “If they are hackers, a lot of them probably like Hillary Clinton better than me.”Not Mueller’s CaseThe Khusyaynova case is being prosecuted by assistant US attorneys in the Eastern District of Virginia. It is not being handled by Mueller because it touches on the 2018 elections, which is not part of his remit, the government official said.Khusyaynova oversaw the financial operations for the project, which had a proposed budget of $35 million for January 2016 to June 2018 and used those funds to wage similar campaigns in the European Union and Ukraine, in addition to the United States.”It is a global campaign for a regime that views democracy as an existential threat,” said John Carlin, former US assistant attorney general for National Security.Khusyaynova, who is a resident of St Petersburg, Russia, and is not in US custody, billed Prigozhin and his companies to pay for advertisements on Facebook, bloggers, and for “development accounts” on Twitter, the complaint says.Prigozhin has been dubbed “Putin’s cook” by Russian media because his catering business has organized banquets for the Russian leader and other senior political figures. He has been hit with sanctions by the US government.The criminal complaint said there was no evidence that Khusyaynova or others in the conspiracy succeeded in impacting the outcome of any US election.In their joint statement on Friday the Office of the director of National Intelligence, Justice Department, FBI and Department of Homeland Security also said they did not have any evidence that anyone went far enough to prevent voting or change vote counts. Some state and local governments, which run polling sites, have reported attempts to access their networks, but officials were able to “prevent access or quickly mitigate these attempts,” the statement said.Mueller’s office has not announced any new indictments since July when it charged 12 Russian intelligence officers who were accused of hacking Democratic computer networks as part of Russian meddling in the 2016 US election.Mueller has been widely expected to remain quiet in the run-up to the November elections to avoid actions that might sway votes.But the decision to unseal the Khusyaynova case now appears to reflect changes to Justice Department guidelines last month instructing US attorneys to lean towards disclosing foreign influence operations as a means of deterrence, Carlin said.The Khusyaynova case shows “in detail that when we talk about Russian interference it is not something in history it is now,” Carlin said. “Making it public is an important way to neutralize them.”last_img