The Aggotts into the Semi’s

Tag: 苏州桑拿

first_imgThe Aggotts have stormed into the finals of the D Grade Albert Park competition.The team containing Nathan Buckley, Paul Licuria, Gillon McLachlan, and Hamish McLachlan have won the last five games straight to finish fourth.The Aggotts will play in the Semi-Final next Tuesday, 19 August 2008 against the Contexxables.A Semi-Final appearance did not seem likely after losing their first four games of the season. But under the guidance of Victorian Game Development Officer, Ali Tuai, the team has learnt some of the basics of Touch Football to be successful.To keep up to date, please visit the Albert Park website – www.albertparktouch.com.aulast_img


Tag: 苏州桑拿

first_imgClick on the attachment for further details.Related Filespaymysport-pdflast_img


Tag: 苏州桑拿

first_imgSome NCAA Tournament emojis.If you’re one of those people who can only communicate on text using emojis, The Washington Post has you covered for March Madness this year. The publication has designed emojis for all 68 NCAA Tournament teams, along with a number for squads that just missed the cut. And to be honest, they did an incredible job. Here are the emojis for the Kentucky Wildcats and the Duke Blue Devils, two of the favorites to win it all this year. They’re fantastic.Kentucky DukeHere’s the entire grid – you can click through to see more. You can also save them to your phone if you open the link in a regular browser.EmojisCollege basketball fans – will you be using them this March?last_img


Tag: 苏州桑拿

first_img The Minister, who is scheduled to open the debate on the Bill during today’s sitting of the House of Representatives, said the concerns raised in the media were unexpected as “I did not table the Bill without having the necessary consultations”. Story Highlights Minister of Local Government and Community Development, Hon. Desmond McKenzie, says he will be inviting architects and engineers to a meeting to discuss issues they have raised about the new Building Bill.He made the disclosure while addressing a national building policy workshop at The Jamaica Pegasus hotel in New Kingston on Tuesday (June 6).The Minister, who is scheduled to open the debate on the Bill during today’s sitting of the House of Representatives, said the concerns raised in the media were unexpected as “I did not table the Bill without having the necessary consultations”.He indicated that within his first three months as Local Government Minister, he held extensive discussions with various players in the building industry.“Before we sent this Bill to have the final work done on it, we circulated it, we invited (stakeholders) in the business (to make recommendations), and early this year, I met with the team and we signed off on what was tabled in Parliament,” he noted.The Minister said significant changes were made to the Bill based on the suggestions put forward, but noted that it was not possible to accommodate all views. He noted that the accompanying Regulations will address some of the concerns outlined.Minister McKenzie said the country cannot afford to postpone the debate “on the long-awaited and important bit of legislation that needs to guide the country’s building development”.The Building Bill seeks to establish a modern legislative framework that will serve to reduce the vulnerability of Jamaica’s built environment and ensure public safety and welfare; minimise damage caused by natural and man-made hazards; prevent squatter settlements; and promote sustainable development.The legislation will also streamline the permit application system to eliminate unnecessary referrals and expedite responses; facilitate the introduction of special express services; and ensure the rights of persons with disabilities regarding accessibility, safety and user-friendliness.It also provides for the establishment of the National Building Code, and identifies the Bureau of Standards Jamaica as the agency that will set the acceptable local and international standards for construction.In addition, the legislation establishes that the municipal corporations are to be the local building authorities and will be responsible for inspecting, certifying and taking the actions necessary to approve new structures, change existing buildings, or destroy dangerous structures.center_img Minister of Local Government and Community Development, Hon. Desmond McKenzie, says he will be inviting architects and engineers to a meeting to discuss issues they have raised about the new Building Bill.last_img read more


Tag: 苏州桑拿

first_imgzoomIllustration. Image Courtesy: Pixabay under CC0 Creative Commons license Imports at the major retail container ports in US are expected to drop to their lowest level in almost a year this month.According to a report by the National Retail Federation and Hackett Associates, the decline would be noted as the retail industry entered its annual lull between seasons, while plans for a tariff increase were put on hold.“Now that the holiday season is over and summer has yet to crank up, this is the quiet time of year for retail supply chains,” according to Jonathan Gold, NRF Vice President for Supply Chain and Customs Policy.“Retailers are also taking a break from the rush to bring merchandise in ahead of tariff hikes now that the increase that was scheduled for March has been delayed,” Gold said, adding that imports will start to build up again soon as retailers prepare for the summer.U.S. ports handled 1.89 million TEUs in January, the latest month for which after-the-fact numbers are available. That was down 3.7 percent from December following the end of the holiday season but up 7.4 percent year-over-year.February was estimated at 1.79 million TEU, up 6.2 percent from February 2018. March is forecast at 1.59 million TEU, up 3.2 percent year-over-year but the lowest level since 1.63 million TEU in April 2018.Imports during 2018 set a new record of 21.8 million TEU, an increase of 6.2 percent over 2017’s previous record of 20.5 million TEU. The first half of 2019 is expected to total 10.8 million TEU, up 4.8 percent over the first half of 2018.“The trade war with China is turning out not to have the results President Trump expected,” Ben Hackett, Hackett Associates Founder, said.“Imports from China did not decline – in fact, they soared to record levels.”last_img read more


Tag: 苏州桑拿

first_imgAMC Networks-owned Sundance Channel has found new carriage in France, Belgium and Hungary.The AMC/Sundance Channel Global-operated network has launched as a 24-hour linear net on the cable/IPTV platform Bouygues Telecom in France, cable TV operator VOO/BeTV in French-speaking Belgium and in SD and HD on UPC Hungary.The French and Belgian include access to on-demand programming and expand Sundance Channel’s coverage in both territiories.The news comes after Sundance Channel launched across Latin America for the first time. The net offers programming such as Breaking Bad, Hell on Wheels andThe Walking Dead.“These exciting launches reinforce the strong demand for the globally renowned, high quality programming exclusively available on Sundance Channel,” said Bruce Tuchman, president of AMC/Sundance Channel Global.In a further development, Geraud Alazard has been appointed VP, marketing at AMC/Sundance.last_img read more


Tag: 苏州桑拿

first_imgIn This Issue. * .8% of the 2.6% GDP was ACA. * Currencies try again to rally. * China to widen trading band? * Yellow means go faster! And Now. Today’s A Pfennig For Your Thoughts. 4th QTR U.S. GDP Disappoints! Good Day!…  And a Marvelous Monday to you!  And Welcome to February!  Pitchers and catchers report in a couple of weeks. ? The Beatles greet me this morning with She Loves You. Admit it, you love that song, yeah, yeah, yeah, yeah. Well, did you watch the Super Bowl last night? I tried. But I was in one of those “spells”, and I actually threw in the towel with 5 minutes remaining. As I had told you, and became quite obvious, I really didn’t care who won the game, and I dislike both teams. When I wrote that a couple of weeks ago, I had a Seahawks fan rip me and say that he hoped the Rams left St. Louis that I deserved that. Whoa there partner! Them’s fightin’ words! Well, looky there! The first estimate of 4th QTR GDP here in the U.S. printed at 2.6% last Friday! WOW! What a drop from the trumped up 5% 3rd QTR print.  But, the kicker here folks, is that if you recall, the 3rd QTR didn’t start out at 5%, in fact the previous estimate before the final revision was 3.9%… So, there will be a couple more “revisions” before we finally put to bed the 4th QTR GDP, and by the time we do so, it will be very stale data.  And I’m sure that the book cookers will do their best to meet the President’s call for a strong 4th QTR GDP.  But for now, 2.6% is a HUGE drop from 5%, and to me, it probably represents pretty close to what it should be.  I had told you last Friday morning that I thought if the beans were all counted correctly before “adjustments” 4th QTR GDP would print below 3%…  So, now that it did print below 3%, my mind is racing with all the questions about how many “adjustments” were made just to get it to 2.6%?  And is this the beginning of the problems that I’ve been talking about for the economy without stimulus? And according to John Williams over at shadowstats.com, at least .8% of that 2.6% was a result of the ACA.  So, not only did we stuff the ballot box of GDP reports last year by adding R&D, and other stuff to the calc, but we also added ACA. And the fun never stops boys and girls! Fun? You call this fun, Chuck? Well, not actually, I was being facetious. Oh, I see now, said the blind man as he spit into the wind, it’s all coming back to me now. So, when the 4th QTR GDP report printed on Friday, all the rate hike campers b’d and moaned, and it appeared that they had left their rate hike cake out in the rain. and I don’t think I can take it, because it took so long to bake it, and I’ll never have that recipe again.  And for those of you thinking I’ve lost my mind. quoting lyrics by Donna Summer, I’m not. I go back to the original. Richard Harris. So, there!   But, the rate hike campers took their bats and balls and went home, leaving the dollar to deal with everything on its own. And when the dollar has its accessories stripped away, it doesn’t look so good. on a funny note, I had a friend, send me a YouTube of an old guy singing a song called: I don’t look good naked anymore. That’s the song for the dollar folks! But the biggest surprise on Friday came when the price of Oil started rallying, and when the day finished the price of Oil had risen to above $50, a more than $5 move in one day! All the stories that attempted to explain this move pointed to the number of Oil rigs that had closed up the previous week which showed that the number of operating rigs was at a 3 -year low now, as the rig count dropped 7% the previous week.  I’ve been told by people associated with Oil in some capacity that this rig count isn’t that big a deal, but I’ve got to say that it has to have something to do with production, because has rigs close, they certainly aren’t producing any longer!  I don’t know where this will go, folks, but to me, it appears to be the beginning of the end. So, the currencies are attempting to rally this morning. The euro is up ½-cent, the Aussie dollar is up about 1/3rd of a cent, and so on.. But Gold is down again this morning sitting on a $7 loss right now. I’ve got some more on physical Gold in Asia later this morning, so I won’t spoil your appetite for that now, except to say the buying, producing and hoarding of Gold in the East just keeps gaining momentum. Other stuff that’s dropping includes Treasury yields. The “bond boys”  sure didn’t like the color of the GDP report last Friday, and said so by dropping yields. The yield on the 10-year Treasury is 1.67%, just to point out on point on the yield curve.. 1.67%, that’s less than even the stupid CPI says inflation is running. So. there you go. back up the truck, buy some 10-year Treasuries and start out in the red. And if yields rise anytime in the next 10-years, you’ll remain in the red. OOOOHHHH, Daddy, can I have some, please, I’ll be a good boy, I’ll go to church, and open the car door for mom, please, oh please? Greece is attempting to mend the bridges they burned during the election process. The Prime Minister and Finance Minister will be touring Europe and having meetings with key people in an attempt to gain support for their plans to come up with a new deal for creditors. Well the PM and FM had better arrive bearing gifts, because they really ticked off the countries that have lent them money the past few years. So, this is what it’s like. Someone in your family borrows money from you.  And they agree to the repayment terms, but then things get tight, and they no longer want to honor those repayment terms, so they go about talking bad about them to all their friends and it all gets back to you. And then the family member comes back to you, all nicey-nicey,  wanting to talk about a new deal.  If I were an European Central Bank (ECB) or Bundesbank (German Central Bank) member, I would tell the PM & FM to go to hello operator, give me number 9, if you don’t connect me, I’ll kick you in the behind the refrigerator was a piece of glass, and so on. I think you get the picture! Speaking of debts.I found this in my weekend reading. The White House will be seeking $561 billion from Congress to run the Pentagon in 2016 – its largest budget ever. However, a research and advocacy director told RT that the budget is closer to $1 trillion, and has been for several administrations. And why wouldn’t we believe what the advocates say? It was just 10 days ago that the President called for an end to “mindless austerity” and called for a surge in government spending, and then actually asked Congress to end the sequestration agreed upon four years ago.   I wondered why this request was made at the time that it was, and now I know! In addition, riddle me this Batman. The U.S. says that their deficit last year was only $560-something Billion. But if you look at the U.S. Debt Clock, it shows that in that same period (actually 13 months) we added $1 Trillion to the National Debt. So, how do they do that? How does $560 Billion turn into $1 Trillion? Oh, that’s right, how could I forget? There are all those “off budget” things that get accounted for in a different room, that’s all smoky, and the accountants all wear green shaded visors, and sleeve protectors, and the adding machine tape is running all over the floor. That’s how! But doesn’t that just tick you off just a bit? They throw a ticker-tape parade in celebration that the Budget Deficit last year wasn’t $1 Trillion, the dollar rallies, and people dance in the street, but in reality, it was the same-o, same-o. But Shhhhhh,  we don’t want to wake up the baby. Well, take me away from this discussion before I begin to yell at the walls, and here in the condo that would not be good for the other people in the condo! Well, the latest IMF Futures Position report from the previous week printed on Friday. And the extreme long position of dollars saw a reduction of 15,000 contracts, but still is quite large at 375,000.  However, the non-dollar currencies remained all with net short positions, which leads me to believe that dollar positions were being sold to buy Gold. But that was the previous week, and not last week, it will be interesting to see the positions report this week for last week when Gold slipped once again. One of the really disappointing currencies in the last 10 days has been the Swiss franc. After going on a moon shot after the franc was untied from the euro, the franc has lost ground on what seems like a daily basis. I guess the “safe haven” status for the franc has either lost luster or, the markets are feeling like everything in the world is copasetic.  It’s been a long time since I used that word, copasetic. My friend, Preston, who was the drummer in our band that traveled the country, used to say that word for everything. Hey Preston, want to stop and get a soda? Hey, it’s copasetic. would be the answer, and his answer to just about everything, so you can see why it’s been a while since I used it! HA! But seriously. what’s up with the markets anyway? Have they gone soft on us? Well, actually I think they have, they have fallen into the trap that the Central Banks set for them, and now the markets are afraid of the Central Banks and their ability to move markets against them. Central Banks rule the world! Can you see them wringing their hands together, and laughing that Doctor Evil laugh, and repeating, We rule the world, we rule the world?   The Chinese renminbi / yuan saw a weakening overnight by the Peoples Bank of China (PBOC).  I was doing some reading this past weekend. By the way, I’m reading a new book, titled:  Confessions of an Economic Hit Man.  I’m only about 1/3rd of my way through the book, but brother let me tell you, it’s good stuff! And a true story to boot!  OK.. back to our regularly scheduled programming.  The stuff I was also reading was about China, and the next steps for the renminbi. And of all the things that were talked about, the only one I saw that made sense was the widening of the trading band for the renminbi, which currently stands at +/-2%…  The band was last widened from +/-1% in March 2014. and before that it was April 2012 that the band was widened from +/-.5%, and before that 2007 when they widened it from +/-.3%..  So, I think it would be the next step.  Of course, widening the band doesn’t turn all the green lights on for renminbi appreciation. notice it does say + or –  and in 2014, it was a case of both! But that doesn’t take away from the plans for the renminbi going forward, which I still maintain is taking away the reserve status from the dollar, and propelling the renminbi to such status. Just to be fair and balanced. James Rickards, doesn’t agree with that idea, and instead he has called for a collapse of the Financial system, at which time countries will created a new Gold backed currency.  As crazy as I sound sometimes, and have been called gloom and doom, I can’t get myself to be that gloom and doom. The U.S. Data Cupboard today, has two of my faves data prints. Personal Income & Spending from December. We’ll also see the ISM Manufacturing Data for January.. Recall that the December ISM index number was weaker than it had been in November, and was a surprise to the markets. So, saying that, I come to the realization that “they” can’t let that happen again! And Gold. Well, I promised you something above on Physical Gold and so here we go! This is from Bullionstar.com and of course is the research of Koos Jansen. “As I wrote last time on data from the Shanghai Gold Exchange (SGE), in week 2 of 2015 withdrawals from the vaults of the SGE (that equal Chinese wholesale demand) came in extremely high at 70 tonnes; the third highest amount ever. In week 3 (January 19 – 23), though, the Chinese withdrew even more at 71 tonnes, up 0.89 % w/w, and a new third highest amount ever. Year to date 202 tonnes have been withdrawn from the SGE vaults, up 15 % y/y. Like last week, this was happening while the price of gold was rising sharply, staggering numbers. It’s still a mystery why mainstream media are not tracking weekly SGE withdrawals. I’ve read all over the news that Russia’s central bank has added 152 tonnes of gold in total to its reserves in 2014. In perspective, this is approximately the same amount of gold China has imported in the first three weeks of 2015. In my post China Continues To Drain Global Gold Inventory I have, once again, pointed out that import numbers derived from SGE withdrawals are for 95 % covered by export from the UK, Switzerland, Hong Kong and the US. These countries disclose only non-monetary gold trade, which support my assumption PBOC purchases are an invisible side show from public gold trade numbers and SGE withdrawals.” Alrighty then. Now it’s time to go to the For What’s It’s Worth section for today. And today, I have something from my daily perusals of zerohedge.com, and can be read there in its entirety by clicking here: http://www.zerohedge.com/news/2015-01-30/what-happens-when-markets-realize  To set this up, it’s Charles Plosser, head of the Philly Fed speaking, pay close attention here folks.. “One of the things I’ve tried to argue is look, if we believe that monetary policy is doing what we say it’s doing and depressing real interest rates and goosing the economy and we’re in some sense distorting what might be the normal market outcomes at some point, we’re going to have to stop doing it. At some point the pressure is going to be too great. The market forces are going to overwhelm us. We’re not going to be able to hold the line anymore. And then you get that rapid snap back in premiums as the market realizes that central banks can’t do this forever. And that’s going to cause volatility and disruption.” Chuck again. WOW! A Fed member actually talking about how the Fed has distorted normal market outcomes! For once you get to hear from a Fed member, and not just me, talking and ranting about this stuff, and to this point sounding like the boy who cried wolf. To recap. The 4th QTR GDP first reading was just 2.6%, well below the expectations for a +3% print. And .8% of that 2.6% came from the ACA, so the fun just keeps coming for us!  The currencies tried to rally on the weaker GDP report, but fizzled out on Friday, and they have picked up the attempt to rally again this morning. Greece leaders are touring Europe in attempt to repair the bridges they burned during the election process.  Chuck questions the accounting of the Budget Deficit, and Gold gets sold again. what’s going on? Before I go to the currency roundup today, I wanted to take a minute, and talk about the loss of a baseball legend. Well, they laid to rest one of the top 100 ball players of the last 100 years on Saturday. RIP Ernie Banks, Mr. Cub. I really only saw Ernie Banks play ball at the end of his career, but my dad used to tell me about his ability, which was always a strong sign of respect when someone praised a ball player on a different team than the Cardinals, and add to that a Cub!  He was always recognized by that great smile, and his slogan, “let’s play two”.  I had a Cub fan send me a note last week when it was announced that Ernie Banks had died, and he asked me if I was such a diehard Cardinals fan that I couldn’t bring myself to talk about the passing of Ernie Banks.  WOW, I thought. I don’t think that would ever get in the way, and this is to prove it!  My friend, and retirement guru, Dennis Miller, is a lifelong Cub fan, and he tells me that Ernie Banks the Stan Musial of Chicago. Now that’s high praise!  So, RIP Mr. Cub. Currencies today 2/1/15.: American Style: A$ .7795, kiwi .7275, C$ .7885, euro 1.1340, sterling 1.5015, Swiss $1.0750, . European Style: rand 11.5755, krone 7.7540, SEK 8.2725, forint 274.20, zloty 3.6875, koruna 24.5005, RUB 69.23, yen 117.60, sing 1.3525, HKD 7.7540, INR 61.79, China 6.1385, pesos 14.94, BRL 2.6770, Dollar Index 94.76, Oil $50.06, 10-year 1.67%, Silver $17.15, Platinum $1,230.50, Palladium $777.30, and Gold. $1,272.14 That’s it for today. Quite full-o-words this morning, eh? Well, I was down and out in Beverly Hills most of the weekend, but got a good night’s sleep last night, so all is back to normal this morning! YAHOO! Little Feat is playing: Dixie Chicken on the iPod right now. Love to sing along with that song! Our Blues won in Washington D.C. yesterday, and I got to watch the game! NBC Sports Network aired the game, and just by chance I found that channel that I didn’t know I had! The TV Guide on the TV only goes to channel 98, but this channel was 730!  I guess it pays to just keep clicking “next” until the end, eh? The Blues have picked up where they left off before the All-Star Game break, and that included them playing their best hockey of the year! Let’s hope they don’t peek too soon, like they normally do! I did face time with my grandson, Braden the other day. He cracks me up. I taught him last year, that green is go, red is stop and yellow means “go faster”! And he told Kathy that the other day, as the light turned yellow as she was driving through the intersection. “Mimi, yellow means go faster!”  HA! Hey! Isn’t that my job as his grandfather, to teach him things? Cracks me UP!  Well, we had a plethora of birthdays last week, I hope everyone had a grand day.  And with that, I need to get going. I have a very important date! (not really, but the sun is out!)  I hope you have a Marvelous Monday! Chuck Butler Managing Director EverBank Global Marketslast_img read more


Tag: 苏州桑拿

first_imgIn This Issue. * Draghi tells Greece to allow TROIKA in. * Faber says China to back renminbi with Gold! * Yen set for next leg down? * S$ gets caught up in yen weakness. And Now. Today’s A Pfennig For Your Thoughts. Phase 2 Of The Dollar’s Moon Shot. Good day.. And a Tom Terrific Tuesday to you! Uriah Heep and their song July Morning greets me this morning. It starts out soft and ends heavy duty, sort of like most of my mornings! Yesterday, never did get around to ending heavy duty, ending with a whimper, instead.  But today is a new day, new beginnings and all that, so I’ve got that going for me, eh? The dollar is not having anything to do with soft beginnings. The dollar went on a moon shot ride after the Jobs report on Friday and hasn’t looked back!  Even the currencies like rubles, and real that currently pay high interest rates are getting whacked. But think about this for a minute. I’ve said this before, but it bears repeating. IF and when the Fed does hike rates 25 Basis Points to bring their Fed Funds rate to .75%, the ruble will still have more than 16% in a positive differential, and the real will have more than $12% in a positive differential. How can 25 Basis Points be that big of a deal to these two?  Sure the 25 Basis Points rate hike does open Pandora’s Box of additional rate hikes, but for now this is where we are, and to me, that’s still a BIG IF the Fed hikes rates in June.  You know, the markets may be backing the Fed into a corner though. Yes, the markets could have positioned everything so dependent on a rate hike that the Fed will have no choice but to hike rates in June. I don’t think we’re there yet, but as long as the stock market doesn’t fall completely out of bed, and the 10-year Treasury doesn’t rise to 3%, things should hold for the Fed to back out of a rate hike in June, which I still believe they will do, at this point. Gold has also been whacked during this mission to the moon by the dollar, so there’s nothing out there folks, that even looks like it could buck this moon shot by the dollar. What’s an investor to do? Well, you could go to cash, but until rates really begin to run higher, banks are going to be slow to raise the deposit rates. Or at least that’s been their MO since the beginning of banking! But bonds are losing value, stocks are losing value, currencies are losing value and precious metals are losing value. YIKES! When you put that way, Chuck, deposit rates don’t sound all that bad. While you’re looking for deposit rates that appeal to you, don’t forget that EverBank has a yield pledge to remain in the Top 5% of Competitive Accounts. That way you don’t have to go “yield hopping”. for details see: https://everbank.com/banking/money-market OK. The Big News on the news wires this morning is that the Greeks have agreed to allow the TROIKA back into Greece to begin talks. Remember the TROIKA is the IMF, the European Central Bank (ECB), and the European Commission. Seems there was some confusion on the Greeks’ willingness to allow the TROIKA back into Greece, but when cornered the Greek PM said it was all a misunderstanding. Sure it was. I’m sure there was some political saber rattling going on there ahead of the meeting, which was going to take place all the time. Besides the selling in the euro from dollar buying, this Greek thing just continues to weigh on the euro.  The Eurozone needs to go on a diet, and drop 50 pounds, so they can be like Marie Osmond and say, “I’m Marie and I lost 50 pounds!”  Of course I’m saying that the 50 pounds in the Eurozone’s case would be Greece. Unfortunately for the Eurozone, that’s not going to happen, and so they need to just convince themselves that they need to go to the Big & Tall store. HA! Well, my currency of the month article that was in the Sunday Pfennig this past Sunday, didn’t get as many responses as the article on the pound the previous month. Although it did produce a quote that appeared on Google+ yesterday!  You know, the Indian rupee, the Currency of the Month, has the improving fundamentals  and good interest rate differential to dollars, euros, sterling and yen. But it has to prove it can maintain these fundamentals and that they aren’t just some flash in the pan stuff that India is known for. I highlight the Reserve Bank of India (RBI), Rajan, and the PM Modi in the article and point out that even though they have done some wonderful things so far, the best thing to happen to India in a long time is the drop in the price of Oil. A dear reader did ask that the next Currency of the Month be the Singapore dollar (S$). Well, I can do that right here! The Monetary Authority of Singapore (MAS) is Singapore’s Central Bank, and they decide the direction of the S$ by either widening or narrowing the trading band that the S$ can trade within. The MAS if famous for using the S$ to combat or promote inflation, and not interest rates like the rest of the world. Well, the MAS will meet in about a month, and while the markets may be looking at the MAS to widen the trading band, which would, at this point in the proceedings bring about more S$ weakness, but I’m going to go out on a limb here, no worries, I picked out a big strong limb to hold me, and say that the MAS will leave the trading band unchanged, but at their previous meeting to the one next month, the MAS indicated they were OK with S$ weakness, and in that time the S$ has dropped in value VS the dollar. Singapore is foremost an Asian export country, and the disease that the Japanese yen began spreading across Asia in the last two years, really took hold of the S$ in the past 6 months. Recall, I said back then that I feared what Japan had decided to do, which was really weaken the yen further, would eventually spill over to the rest of Asia, due to the fact that these Asian countries can’t let one country’s currency get out of whack while others remain strong, because of the competition for exports. Speaking of Japan. the yen just continues down the path of weak currencies that it began almost 2 years ago now..   The yen is within spitting distance of 122. We haven’t seen 122 in yen since 2007.  And before that 2002.. PM Abe, is still preaching about ending deflation and reviving the economy, so far his 3 arrows have missed the mark, and the economy is still in Neverland. Nevereconomy, nevercurrency strength, neverinflation. that’s where Japan is. And now that the markets believe there are no geopolitical problems out there ( I guess they are turning a blind eye toward ISIS, or the Chinese island grabbing in the S. Pacific, the Middle East tinderbox and more) they have taken that safe haven status from the yen. I look for yen to trade between 125 and 130 by the end of this year, and PM Abe will finally see what his economic reforms will do with a very weak yen. Aussie and N.Z. dollars (A$ and kiwi) are getting whacked, for the narrowing interest rate differential too. At least their respective differentials are smaller compared to rubles, real and rand.. There was a BIG scare in N.Z regarding their infant formula sector. There were rumors flying around that a poison was slipped into the formula.. And this has added to the kiwi weakness this morning. Dairy, wool and lumber, in New Zealand, folks. that’s the exports in a nutshell, so any problem with production of one of three is a BIG problem for New Zealand and kiwi. Once again, I ask the question, how long will it be before the sanctions on Russia are lifted? The sooner the better in my opinion, as the Russian and Eurozone economy is suffering due to the sanctions. Come on everyone let’s get going on this! As if the Brazilian real needed anything else to add to its misery, it does now. Brazilian Supreme Court ruled this past weekend that congressional members can be investigated, as there were challenges to one Senator for his involvement into Petroleo Brazil, BUT said that President Rousseff could not be investigated. And that’s who the investigators wanted!  So, political wrangling is causing the real some down to earth problems right now. The real has traded to a 2004 low this morning. YIKES! Tonight in China, both Zhous, Zhou Qiang, head of the Supreme People’s Court, and Zhou Xiaochuan, Gov. of the Peoples Bank of China (PBOC) will speak that the Chinese NPC. I expect to read quite a few good quotes from these two. That is if they get printed! China is still a Communist country, and although they’ve probably become more capitalistic that most capitalistic countries, deep down they are still Communist. which means they don’t have to print everything these guys say if they don’t want to, and nobody can make them! The renminbi / yuan ‘s trading has been reflective of the slowing down of the Chinese domestic economy. We saw yesterday that Chinese exports are attempting to pick up the slack from the domestic economy, but so far that’s not happened. Did you see that the well-respected analyst/ investor, Marc Faber said that  he believes that China is going to switch to a Gold backed currency, and that they will be able to do this because they have accumulated so much Gold, and that the markets don’t understand how much Gold the Chinese have accumulated.  That’s pretty cool, because that’s the same stuff I’ve been telling you for 4 years!  Shoot Rudy, maybe even 5 years. but I’ll stick with 4 for sure! The U.S. Data Cupboard only has the Wholesale Inventories for January to print today.  Tomorrow will be another day of nothing for the cupboard, but then on Thursday, we finally get back to real data, as Feb Retail Sales will print. You may recall that January’s Retail Sales fell -.8%, so it will be interesting to see if February can play catch up here. The BHI was very active in January, and that would indicate a recovery of sorts for Retail Sales..  Thursday I’ll be in St. Pete, but I’m sure I’ll remind you of this, and what the BHI indicates. Oh, and a dear reader sent me this email regarding my rant on the Jobs data yesterday: “of course the job creation # is true. There were thousands of kids out shoveling snow for $2. the Gov’t would never lie.”  HAHAHAHAHA! For What It’s Worth. It was fun seeing the guys at the DR. (Daily Reckoning www.darilyreckoning.com )  picked up some of the stuff I said about the jobs data in yesterday’s Pfennig, for the DR yesterday afternoon.  I always get a kick out of seeing my name up in the lights!   OK for today’s FWIW, I have a little ditty about the BRICS Development Bank and you can read the entire article here: http://rt.com/news/238981-putin-signs-brics-bank/ “Russian President Vladimir Putin has signed a law ratifying the deal establishing the BRICS New Development Bank (NDB), according to a document published on Monday on Russia’s official website for legal information. The BRICS New Development Bank (NDB) was set up to challenge two major Western-led giants – the World Bank and the International Monetary Fund. NDB’s key role will be to serve as a pool of currency for infrastructure projects within a group of five countries with major emerging national economies – Russia, Brazil, India, China and South Africa. According to the Russian Finance Ministry, the New Development Bank is expected to start functioning fully by the end of the year, with the headquarters slated for opening in Shanghai. The chairmanship, with a term of five years, will rotate among the members.” Chuck again.. yes, this and more for the BRICS Development Bank (BDB)  as the Emerging Markets countries will now have an alternative source of funds in which to borrow going forward, and without the strings attached that the IMF and World Bank uses. this is one of the key reasons I put together the BRICS MarketSafe CD last year.  To recap. the dollar is still on its moon shot and hasn’t looked back since the jobs report on Friday morning. Even the “real positive interest rate differential currencies” of Russia and Brazil are getting sold, even though as Chuck points out, their positive rate differential will still be quite significant IF the Fed does hike rates in June. Gold gets whacked again, but Marc Faber says China is going to back the renminbi with Gold, something Chuck has told you for 4 years now.The Brazilian real is trading at a 2004 low, the euro is trading at a 2003 low, and so on, as currencies are all down since Friday. Currencies today 3/10/15. American Style: A$ .7635, kiwi .7280, C$ .7905, euro 1.0760, sterling 1.5070, Swiss $1.0070, . European Style: rand 12.2280, krone 8.0325, SEK 8.5370, forint 285.55, zloty 3.8390, koruna 25.3340, RUB 61.01, yen 121.65, sing 1.3880, HKD 7.7595, INR 62.65, China 6.1572, pesos 15.56, BRL 3.1215, Dollar Index 98.29, Oil $49.78, 10-year 2.19% Silver $15.77, Platinum $1,133.88, Palladium $806.75, and Gold.. $1,162.42That’s it for today. Well, I’ll be writing tomorrow from home base, then hitting the road for a 4 hour drive to the west side of the state. I really need to get to work on my presentation for the Conference. The first time the Butlers went to spring training, the Cardinals trained in St. Pete, at Al Lang field. It was even more cozy than their current home in Jupiter, Roger Dean Stadium. It has been standing room-packed the last two games, and all seats are sold the rest of March. My spring get-away has turned into ever Cardinals fan’s spring get-away! The rash that affected my hands two weeks ago, is back, and worse this time! UGH! We can’t figure out what’s causing this to happen. No biggie, just a stupid allergic reaction to something. The Red Sox brought their 2nd team players to town yesterday and still beat the Cardinals, as the Cardinals proved once again that they are too “left handed”.  Throw a senior citizen left handed pitcher out on the mound and he’ll beat the Cardinals! With one exception, you’ll have to ask Clayton Kershaw about that from the past two post seasons. The Blue Jays are playing their song: Maybe, on the iPod right now. This is from the Blue Jays only album, and features two Moody Blues members, Justin Hayward and John Lodge.  OK.. time to go. I hope you have a Tom Terrific Tuesday!Chuck Butler Managing Director EverBank Global Marketslast_img read more


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first_imgSo far, the federal government has given more than half a million dollars to assist local tornado victims in Guilford and Rockingham Counties.It’s been nearly two months since an EF-2 tornado ripped through Greensboro, destroying homes, businesses and schools. One person was killed. The storm also ravaged communities in Rockingham County. According to the Federal Emergency Management Agency, 1,169 people in Guilford County have registered for federal assistance. In Rockingham County the number is 90. Roger Ingram with FEMA says the money will help victims get a fresh start.“It will help a person with rental assistance and repairs to their homes. It can help with furniture, automobile repair and other items,” says Ingram. “It’s extremely important that they talk with their insurance company and find out exactly what coverage they will get from them. Once they’ve settled with their insurance company, if they are underinsured or uninsured, they can come back to FEMA with their settlement letter and there may be other assistance available for that individual.”FEMA also partners with the U.S. Small Business Administration to help people recover from disaster situations. The agency offers low interest rate loans. SBA officials say as of this week, they’ve approved more than $400,000 to help individuals and local business owners affected by the storm.“We have received 741 home referrals from FEMA and 143 business referrals,” says A.J. Velazquez, a public affairs specialist with the Small Business Administration Office of Disaster Assistance.FEMA officials say individuals shouldn’t wait to apply for federal aid. The registration deadline for that is July 9th.Ingram says victims can receive help with the process and SBA loan application at the Disaster Recovery Center located on Maple Street in Greensboro.Follow WFDD’s Keri Brown on Twitter @kerib_newslast_img read more


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first_imgEditor’s note: This story was originally published in 2017 and has been republished with updates. For Rosh Hashana, more than 350 members of Uganda’s Namutumba Synagogue dressed in white, chanted their prayers and feasted on a slaughtered cow to mark the beginning of a new Jewish year last week.”We are so happy that we entered the new year with such joy and happiness,” said Namutumba’s spiritual leader Shadrach Mugoya Levi by telephone from Uganda.It hasn’t always been easy for Levi or his community; in fact many years there was almost nothing eat because of drought. But this year the rains have been plentiful. There was ample food for the new year celebration and for dinner on Tuesday, before the 25-hour-long Yom Kippur fast that begins at sundown.That’s not always been the case. There have been many times that Levi began the fast on an empty stomach. And a day without food didn’t seem that different from any other day.Levi, the 28-year-old spiritual leader of the synagogue, had a tough childhood. Orphaned at age 7, he raised three younger brothers as well as a sister who later died. Days with just one small meal, or sometimes no food at all, were routine. The nearest water well was a three-hour walk from the home of the relatives they lived with after their parents died. They harvested food by hand from small plots of maize, potatoes, rice, cassava and millet. Lack of rain meant lack of food.But this year there will be rice, potatoes and porridge made from corn to eat before the fast — and more corn porridge when it’s time to break the fast.This Jewish high holiday season, Levi feels more prepared to lead the services than in past years. He returned home in July after a year in Israel, where he deepened his knowledge of Judaism and Hebrew. Now, he is sharing customs and prayers with his community, including the daily confessional prayers said leading up to Yom Kippur, the day of atonement.The community is quite isolated from most of the Jewish world, Levi said. It is one of several in Uganda established nearly a century ago when thousands of citizens followed in the footsteps of a military general, Semei Kakungulu, who as a young boy was converted to Christianity by a missionary and who then was inspired to take on Jewish customs after reading about Moses in the Bible.Uganda’s Jews are known as Abayudaya, meaning “people of Judah” in the local Luganda language. Levi grew up observing the Sabbath — no electricity and no driving, for example — although he admits it was easy to comply with those traditions in a village without power or cars. Eventually he studied Hebrew and Jewish texts under the country’s chief rabbi, Gershom Sizomu, who had been ordained by the American Jewish University in Los Angeles.As for Levi personally, this year is also much different than last because he will spend the holiday with his wife and sons, who were not granted visas to join him in Israel last year except for a short visit. Israel does not fully recognize the Abayudaya communities as Jewish.”It’s so good to have them back, and them to have me back,” he said. He has described his time in Israel as a sacrifice he made in order to learn more to help his community back in Uganda.And even though fasting can be difficult, he is looking forward to the ritual: “Fasting gives me an opportunity for empathy,” he said. “And when I think of others and their problems, I really want to help.”Sara Toth Stub is a Jerusalem-based journalist. You can follow her work @saratothstub. Copyright 2018 NPR. To see more, visit http://www.npr.org/.last_img read more


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first_imgSAINTS have announced their 19-man squad for Sunday’s First Utility Super League clash at Hull KR.Gary Wheeler is recalled to the roster as is forward Jordan Hand.Nathan Brown will choose from:2. Tommy Makinson 3. Jordan Turner, 4. Josh Jones, 5. Adam Swift, 6. Lance Hohaia, 8. Mose Masoe, 9. James Roby, 10. Louie McCarthy-Scarsbrook, 11. Sia Soliola, 12. Jon Wilkin, 13. Willie Manu, 15. Mark Flanagan, 17. Paul Wellens, 18. Alex Walmsley, 22. Mark Percival (pictured), 24. Gary Wheeler, 27. Greg Richards, 28. Luke Thompson, 29. Jordan Hand.Caretaker coach Chris Chester will choose his Hull KR side from:1. Greg Eden, 3. Kris Welham, 5. David Hodgson, 6. Travis Burns, 7. Kris Keating, 9. Josh Hodgson, 10. Michael Weyman, 11. Kevin Larroyer, 14. Adam Walker, 15. Graeme Horne, 16. Jason Netherton, 19. Craig Hall, 20. Jordan Cox, 21. Keal Carlile, 22. Rhys Lovegrove 23. James Green, 24. Omari Caro, 25. Aaron Ollett, 27. Sonny Esslemont.The game kicks off at 3pm and the referee will be James Child.Tickets are still on same for the game from the Ticket Office at Langtree Park, by calling 01744 455 052 or by logging on here.last_img read more


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first_img Zynga, the 7-year-old social gaming company behind the ubiquitous Words with Friends and Farmville, announced the layoffs of 314 employees this week, which amounts to about 15 percent of its staff. The company hopes the cuts will save them up to $35 million this year. Zynga currently employs 2,100 people, down from 3,300 in 2012.Related: Zynga Layoffs: What Happens When Startups Grow Too Fast CEO Don Mattrick also announced the $527 million purchase (in both cash and equity) of interactive company NaturalMotion, Zynga’s largest acquisition to date.  The company bought OMGPOP, the company behind the once-viral app Draw Something, for $200 million in 2012.NaturalMotion was founded in 2001 and is based out of Oxford, England. Zynga will be gaining 260 new employees from the acquisition. It’s the maker of mobile games such as Clumsy Ninja and My Horse. The company has also developed animation technologies called Euphoria and Morpheme that have been used in popular games like Grand Theft Auto IV and BioShock Infinite, respectively.Related: No Games: Zynga’s New CEO Shakes Up ManagementZynga has been navigating choppy waters for some time. Last summer, the company axed 500 jobs and founder Mark Pincus was replaced as CEO by Mattrick, the former head of Microsoft’s Xbox division.While there was a time when it seemed almost impossible to scroll through Facebook without seeing someone’s purchase of virtual livestock, King.com, the creator of Candy Crush Saga is currently the No. 1 maker of games for the site. With the purchase of NaturalMotion, Zynga is aiming to be major player in the mobile market. Related: The Keys to Candy Crush’s Success 2 min read Staff Writer. Covers leadership, media, technology and culture. Nina Zipkin Apply Now » Entrepreneur Staff Zynga Makes Its Biggest Buy Yet, Announces Fresh Round of Layoffs The only list that measures privately-held company performance across multiple dimensions—not just revenue.center_img –shares Technology Add to Queue 2019 Entrepreneur 360 List Next Article January 31, 2014last_img read more


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first_img Opinions expressed by Entrepreneur contributors are their own. April 27, 2016 Next Article 2 min read Enroll Now for $5 Conferences Image credit: Collision Watch Livestream Video Interviews With the Tech World’s Best-of-the-Best at Collision Conference 2016 Brought to you by the founders of the popular Web Summit tech conference, which drew 42,000 people to Dublin in 2015, Collision Conference is happening right now in New Orleans, literally exploding with innovative ideas and products from the tech world’s best-of-the-best. In its third year, Collision has attracted over 11,000 this year despite the move from Las Vegas to New Orleans.And lucky for us, Entrepreneur Network partners Michael Donnelly and Maura Gaughan of re-define work are live on the scene having already interviewed those behind hot startup brands of Mojoe Brewing Company, Stella Wearables, Referbies, Up Hail and Thegasstation.com.Click here to watch the interviews.Tentative roster for Thursday, April 28:Sean Noonan, senior brand manager for Irish Distillers / Pernod Ricard (Jameson and other Irish whiskey brands)Ted Cheung of Merry Jane (cannabis media)Alex Cheung, founder and CEO of giphyMike Harvey, head of strategic communications for Collision ConferenceJustin Delaney, CEO of Menguin Chris Kaskie President of Pitchfork Music FestivalThe finalists for the pitch competition: Cian O’Sullivan of Beagle.ai (automatic artificial intelligence contract analysis)Kyle Henson-Rorus and Adam Makowitz of Portfolium (digital portfolio)Tentative roster for Wednesday, April 27:3 p.m. EST: Katy Dormer, chief marketing officer of desk.com3:30 p.m. EST: Beth Schmidt, founder and CEO of Vend Score4 p.m. EST: Mada Seghete, co-founder of Branch Metrics4:30 p.m. EST: Aimee Williams, vice president of emerging business sector, and Gemma Allen, vice president of consumer and technology at IDA Ireland5 p.m. EST: Vanessa Branco, CEO and president of Versa95:30 p.m. EST: Rachel Taylor, founder and CEO of Taylored Wines6 p.m. EST: Jessica Greenwalt, CEO and founder of PixelkeetClick the link below to watch the videos, and stay tuned for more!Click here to watch the interviews.Related: Cannabis Industry Pioneers Chat Live on Facebook to Commemorate 4/20 –shares Fireside Chat | July 25: Three Surprising Ways to Build Your Brand Add to Queue Learn from renowned serial entrepreneur David Meltzer how to find your frequency in order to stand out from your competitors and build a brand that is authentic, lasting and impactful.last_img read more


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first_imgReviewed by James Ives, M.Psych. (Editor)Oct 17 2018A team from the University of Pennsylvania, Children’s Hospital of Philadelphia, and University of Wisconsin–Madison are launching a project to develop new strategies for treating vision disorders using cells implanted in the retina.The work is one of five initiatives newly funded by the National Institutes of Health’s National Eye Institute (NEI) Audacious Goals Initiative. The program’s mission is to accelerate the development of regenerative medicine treatments for blindness. To that end, NEI is devoting $30 million for five years to five multidisciplinary teams around the country. The Penn, CHOP, and UW-led team will receive $6.9 million to support their research into restoring areas of the retina damaged due to blinding diseases.The principal investigators are John Wolfe of Penn’s School of Veterinary Medicine and the Children’s Hospital of Philadelphia, William Beltran of Penn Vet, and David Gamm of the University of Wisconsin-Madison. Members of this group have used gene therapy approaches in the past to address genetic blinding diseases, with many successes. To replace or correct faulty genes, however, these treatments require living cells in the retina. At later stages of some blinding diseases, many if not most photoreceptor cells have perished. The group’s hope is that the cell-based therapies they’re creating may enable those with vision loss to regain sight even when key vision cells have already died.Related StoriesMathematical model helps quantify metastatic cell behaviorExciting study shows how centrioles center the process of cell divisionAbcam Acquire Off-The-Shelf Diploid Library of Over 2,800 Knockout Cell Lines”We will be generating specialized retinal cells in a dish from reprogrammed adult stem cells and then transplanting them into the retina,” says Wolfe. “Our work is going to be directed toward developing the right kind of cells, working on methods to transplant them into the retina, and examining the neural connections that form to see how the implanted cells are functioning. It’s the translational component of the research we’ve all been doing for a long time.”Wolfe and his lab will be isolating and growing light-sensing photoreceptor cells, derived from stem cells from blind dogs, in collaboration with Gamm and colleagues, who have used embryonic and induced pluripotent stem cells in experimental cell-based therapies in human disease models. Beltran and colleagues, including Gustavo Aguirre, Karina, Guziewicz, and Oliver Garden from Penn Vet and Geoffrey Aguirre from Penn’s Perelman School of Medicine, will be contributing expertise from studying and developing gene therapies for a variety of vision disorders in dogs, including retinitis pigmentosa, the canine version of which recapitulates many characteristics of human disease.New disease models will enable researchers to test novel regenerative therapies and help transition them to the clinic. “Models that recapitulate human disease are essential to predicting the success of new therapies in humans. These audacious projects will be pivotal in our efforts to translate the latest science advances into new treatments for vision loss and blindness,” said NEI Director Paul A. Sieving. Source:https://penntoday.upenn.edu/news/multidisciplinary-team-develop-stem-cell-based-approaches-restore-visionlast_img read more


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This document is subject to copyright. Apart from any fair dealing for the purpose of private study or research, no part may be reproduced without the written permission. The content is provided for information purposes only. © 2018 The Associated Press. All rights reserved. Explore further Citation: Backers of data privacy measure submit signatures for ballot (2018, May 3) retrieved 18 July 2019 from https://phys.org/news/2018-05-backers-privacy-submit-signatures-ballot.html Supporters of a California initiative aimed at giving consumers more control over their personal data say they have collected enough signatures to qualify for the November ballot. Proponents of the measure, which would allow consumers to bar companies from selling their personal information, said Thursday they have submitted 625,000 signatures. If the secretary of state certifies that enough of the signatures are valid, the initiative will go before voters in November. Google, AT&T and other tech giants are funding an opposition campaign to quash the measure.It would require companies to tell users what types of personal information they collect and whether they’ve sold it. It would also let consumers sue companies for security breaches, even if the consumer can’t prove they were harmed as a result.Supporters say social media companies and others that collect and sell data can easily stop doing so and still make money selling advertisements and charging consumers to use their products.”People really want to be able to do something to take control over their personal information,” Alastair Mactaggart said, a San Francisco housing developer funding the initiative. “It’s entirely feasible, and it’s very low-tech.”Facebook gave $200,000 to the opposition effort before it said it will stop contributing money. Its announcement came amid mounting backlash after news broke that Cambridge Analytica, a Republican-linked consulting firm, had collected data from millions of Facebook users.Opponents argue the measure would create different standards for companies in California and could limit residents’ choices.”It is unworkable, requiring the internet and businesses in California to operate differently than the rest of the world—limiting our choices, hurting our businesses, and cutting our connection to the global economy,” leaders of the opposition campaign said in a statement. “This will open the floodgates for abusive, costly lawsuits.”The initiative wouldn’t deter businesses from selling products to California residents, Mactaggart said. Many industries, such as the auto industry, have to comply with different regulations in different states, he said. Facebook to stop spending against California privacy effort read more


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first_imgLeaner, faster MessengerSeparately, Facebook unveiled a Messenger app overhaul that makes the mobile software leaner, faster and more of an energy miser.”We rewrote practically all of the code from scratch,” head of Messenger Stan Chudnovsky told AFP.”We made Messenger the fastest private communication hub on the planet.”Features built into the new Messenger app, used by some 1.3 billion people, build on the social network’s broader vision of small-group-sharing in “virtual living rooms,” according to Chudnovsky.Facebook also announced its Portal video call device would be available internationally—starting with Canada in June, and Europe later this year—and would allow calls over the WhatsApp messaging platform.Meanwhile, the Oculus Rift S and Oculus Quest headsets, starting at $399, will begin shipping on May 21, expanding Facebook’s move into virtual reality and gaming, the company said.LucasFilm and Oculus Studios will have a “Star Wars” themed “Vader Immortal” virtual reality game ready when the Quest launches, putting players face to face with the master of the dark side of the Force. © 2019 AFP A “Meet New Friends” feature being gradually rolled out will let users opt in to getting acquainted with others interested in fresh connections within shared communities.An “Events” tab will expedite making real world, local plans with online friends.Hidden crushesFacebook also announced it is expanding a dating feature to 14 more countries including the Philippines, Singapore, Brazil and Chile.A new feature called “Secret Crush” will let people signal which friends they are interested in romantically on a private crush list—only letting the object of their fancy know if the feeling is mutual.”We think there is a lot of potential in developing these relationships,” Simo said.”It’s all built with privacy in mind, and with the goal of building meaningfully long-term relationships and not just hookups.”The ability for people in small groups to be able to communicate securely and privately is seen as essential to making the social network more intimate.There are tens of millions of active groups on Facebook, and more than 400 million people belong to groups at the social network. Facebook’s F8 conference, a key gathering for developers working with the social network, is being held this week in San Jose, California The new features were introduced in a revamped Facebook app as the embattled social network embarks on a new strategy emphasizing private communications and small groups.”As the world gets bigger and more connected, we need that sense of intimacy more than ever,” Zuckerberg said as he opened the F8 developer conference for the social networking giant.”That’s why I believe the future is private.”The new app made available to US users Tuesday aims for a new direction for Facebook: it eliminates the blue background and offers a range of new ways to connect, in line with Zuckerberg’s vision to move away from the “digital town square” to a “digital living room.”Facebook’s shift comes response to criticism over failing to curb misinformation and manipulation of the platform used by 2.3 billion people, and missteps on its handling of private user data.”It can be hard to find your sense of purpose when you are connected to billions of people at the same time,” Zuckerberg told the developers gathered in San Jose, California.”Privacy gives us the freedom to be ourselves.”The redesigned application, to be followed by a new Facebook website, symbolizes changes in how Facebook runs its business, Zuckerberg said. Got a crush on another Facebook user? The social network will help you connect, as part of a revamp unveiled Tuesday that aims to foster real-world relationships and make the platform a more intimate place for groups of friends. Zuckerberg to explain how Facebook gets ‘privacy focused’ The newly designed Facebook app will give prominence to groups, private communications and even dating as part of an effort to shift the social network from a digital “town square” to digital “living room” Explore further After being battered by controversies on its handling of private user data and failing to curb manipulation, Facebook is seeking to shift its emphasis to private communications Facebook CEO Mark Zuckerberg, seen at the 2018 F8 developers conference, is seeking to shift the emphasis of the social network to smaller-scale communications This document is subject to copyright. Apart from any fair dealing for the purpose of private study or research, no part may be reproduced without the written permission. The content is provided for information purposes only. “We are seeing that groups can bridge people across dividing lines,” Simo said.”If you are a dog lover, you will find people who are dog lovers across all divides, political or otherwise,” she added. “I know we don’t exactly have the strongest reputation on privacy right now, to put it lightly,” he said. “But I am committed to starting a new chapter for our product.”Dogs and politicsChanges announced Tuesday put groups at the center of the experience and add dating, friend-making and events features intended to promote people getting together in real life, Facebook’s new app head Fidji Simo told AFP ahead of F8.The redesign is meant to make it easier for users to take part in communities, whether based on friendships, family ties or common interests, according to Simo.”It’s definitely part of Mark’s bigger vision,” she said.The new design gives users more options for private and group connections.While counterintuitive, Facebook sees the change as potentially bringing people with opposing political viewpoints together rather than separating them in “filter bubbles.” Citation: In revamp, Facebook bets on small-scale connections, romance (2019, April 30) retrieved 17 July 2019 from https://phys.org/news/2019-04-revamp-facebook-small-scale-romance.htmllast_img read more


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first_imgSHARE SHARE EMAIL COMMENTS COMMENT 0 Published on December 31, 2018 The BJP leader, however, dodged a query about the Congress’ charge of the Modi government ending AgustaWestland’s blacklisting SHARE Bihar BJP chief Nityanand Rai on Monday asked the Congress why it was scared of Christian Michel, the alleged middleman in the AgustaWestland VVIP chopper case, and what is the truth that it wants to hide.The Enforcement Department investigating the AgustaWestland case, had told a Delhi court on Saturday recently that Michel has made a reference to “Mrs Gandhi” during interrogation.The Congress then hit out at the BJP-led government at the Centre, accusing it of using agencies to put pressure on Michel to “name a particular family” as elections were near and it has no real issues.“Why the Congress party is making a hue and cry on Christian Michel and what is the truth that it wants to hide? The Congress getting jittery on the issue makes things more evident as why it is creating a furore over the matter,” Rai told reporters here at the party office.An Italian court in its order noted that Rs 360 crore was paid as kickbacks in the Rs 37 billion dollar chopper deal and politicians and bureaucrats received Rs 125 crore as bribe, Rai said.“The court also mentioned the name of Sonia Gandhi four times in its order which shows her involvement in the deal,” he said.Rai said these accusations of corruption were raised not by the BJP or any central agency but by an Italian court.Michel has revealed many names using codes such as “big man, son of Italian lady, party leader and R” which all suggest to a single family, he claimed.The Congress is trying to deflect attention of the people by questioning the Narendra Modi government on the AugustaWestland deal, he said.The BJP leader, however, dodged a query about the Congress’ charge of the Modi government ending AgustaWestland’s blacklisting.The truth of the Congress is before the people who will give the party a befitting reply, he said. last_img read more