Chelsea rejects Barca bid for Willian

first_imgChelsea have rejected a bid offer in excess of £50m from Barcelona for Brazilian international star Willian, according to Sky Sports.It appears that negotiation is still ongoing between the two clubs and the representatives of Willian Borges, who is on international duty with Brazil at the world cup in Russia.The former Shakhtar winger who is in Russia for the World Cup tournament has been linked with a move to either Manchester United or Barcelona, with the winger keen on leaving Stamford Bridge as long as Antonio Conte remains in charge of the club.Tammy Abraham, ChelseaChelsea hat-trick hero Tammy Abraham hopes for more Andrew Smyth – September 14, 2019 Tammy Abraham hopes this season will be his big breakthrough at Chelsea after firing his first hat-trick for the club in Saturday’s 5-2 win at Wolves.The Brazilian has made 236 appearances for the London based club while also scoring 44 goals since he joined from Anzhi Makhachkala in 2013.Although Willian was snubbed for the starting line-up of the 1-0 FA Cup final win over United at Wembley but only coming on as an injury time substitute, he has scored 44 goals in 236 appearances for Chelsea since joining from Russian side Anzhi Makhachkala in 2013.last_img read more

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Jorginho enjoying Chelsea adventure – agent

first_imgThe agent of Jorginho insists that his client is enjoying his Chelsea “adventure” and is surprised by the club’s Neapolitan fanbaseThe Italian midfielder has settled in well at Stamford Bridge and has proved to be a valuable alley for his new teammates as they adapt to new manager Maurizio Sarri’s playing style.And his agent, Joao Santos, feels that the move to Chelsea has been a success so far.“Jorginho has started his adventure at Chelsea very well,” he told Radio CRC, via Football-Italia.“He’s already integrated himself, plus he also speaks English well, so he’s not having any problems settling.Tammy Abraham, ChelseaChelsea hat-trick hero Tammy Abraham hopes for more Andrew Smyth – September 14, 2019 Tammy Abraham hopes this season will be his big breakthrough at Chelsea after firing his first hat-trick for the club in Saturday’s 5-2 win at Wolves.“When a player is good, he can play in any League. Stereotypes matter little. If a player has quality, they can make the grade anywhere.”Santos also revealed that 50 Neapolitans greeted Jorginho at the end of Chelsea’s 3-2 win over Arsenal in Saturday’s London derby.“He’s very happy with how the match against Arsenal went. There were 50 Neapolitans who cheered him on and asked for photos and autographs,” he said.“This is why we love Naples and we’ll continue to. Their support has continued in London. Jorginho has many friends in Naples, like Mertens and Insigne.“He heard from them after Napoli’s win against Lazio and complimented the team.”last_img read more

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Lookman Bundesliga move doesnt guarantee success

first_imgEverton winger Ademola Lookman insists everyone has a different scenario and, therefore, can’t be guaranteed to emulate the successes of others in the BundesligaThe 21-year-old spent the latter part of last season on loan at RB Leipzig and impressed with five goals and four assists in 11 Bundesliga appearances.Since then, the likes of English youngsters Jadon Sancho and Reiss Nelson have starred in the German top flight at Borussia Dortmund and Hoffenheim respectively.While, Chelsea assistant coach Gianfranco Zola confirmed Bayern Munich’s strong interest in young star Callum Hudson-Odoi.“Everyone’s scenario is different, all our situations are different,” said Lookman, according to Liverpool Echo.Jadon Sancho, Borussia DortmundCrouch: Liverpool could beat Man United to Jadon Sancho Andrew Smyth – September 14, 2019 Peter Crouch wouldn’t be surprised to see Jadon Sancho end up at Liverpool one day instead of his long-term pursuers Manchester United.“So I think it is about the experience because wherever you go you can say you are going to play, but you have to prove it.“It is for experience, learning new football, learning a new style, just being around it.“It was different football [in Germany], but I wouldn’t say it was daunting. It was just another experience, take it in your stride and get used to it.”Since returning to Everton for this season, Lookman has made just the one start in 11 Premier League appearances.last_img read more

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DNA Will forge forward despite loss reengineering of party to come

first_img Related Items: Facebook Twitter Google+LinkedInPinterestWhatsApp Facebook Twitter Google+LinkedInPinterestWhatsAppBahamas, May 15th 2017: DNA Leader, Branville McCartney is uncertain whether he will remain at the party’s helm. Following Wednesday’s poll, the Party leader took responsibility for the DNA’s performance at the 2017 General Election.  He adds his future will be determined by the Party’s board. In his message titled ‘the way forward’, which comes post Wednesday’s election, McCartney says his party accepts the choice of Bahamians, and assures its supporters that the DNA will not fold.The party in acknowledging the loss at the second consecutive poll it has contested, says in the coming weeks and months “those who continue to support a two-party system”, and even its own supporters, will witness a re-engineering of the DNA, as it seeks to become the “real change which Bahamians demand and deserve”.McCartney thanked the hundreds of Bahamians who stood by the DNA with their unwavering support, describing them as “the glue that has kept the organisation together”. In continuing his direct message to his supporters, he thanked them for “believing in the dream of the DNA and for making the often-unpopular choice to be different”, as they “have affirmed his belief that a third party can and will have a place in our country’s political story”. He adds that the DNA may not have gotten it right this time, “but Bahamians can be certain that every action, every plan and every policy position taken by the Democratic National Alliance has been in pursuit of an ideal which he believes most Bahamians believe in”.The Party leader, took time to extend congrats to FNM leader, Dr.Hubert Minnis on his “resounding victory at the polls”.  McCartney wished the newly elected Prime Minister and his new administration great success over the next five years, and called on them to live up to the “mandate given to them by the people of this country and truly create better lives for all Bahamians”.The election marks the party’s six year anniversary since its inception in November 2011.#MagneticMediaNews#BahamasGeneralElections2017#DNAGreenParty#BranvilleMcCartneylast_img read more

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Construction Updates On The Kenai Peninsula

first_imgSTERLING HIGHWAY REHABILITATION, SKILAK LAKE to STERLING ROAD CONSTRUCTION through OctoberDrivers should expect LANE CLOSURES, ONE-LANE traffic and flagging operations, Monday through Sunday, 8:00pm to 7:00am.Through June 8, a Wildlife Crossing DETOUR will be in place at Sterling Highway MP 64.5. This zone has a 25 MPH speed reduction in place.Construction crews have begun milling operations between MP 77 and 79. Traffic will drive on a gravel surface until foaming operations begin Monday, June 11.During foaming and paving work, drivers should expect PILOT CAR operations and 15 to 20 minute delays, Monday through Sunday, 8:00pm to 7:00am.Crews will continue to work north from MP 67 and 69. Watch for flagging and PILOT CAR operations, with 5 to 10 minute delays.STERLING HIGHWAY, MP 89.8 LEFT TURN LANESROAD CONSTRUCTION through OctoberConstruction crews are working on the additional left turn lanes at Forest Lane and Jim Dahler Road from the Sterling Highway at MP 89.8.KALIFORNSKY BEACH ROAD MP 16 to 22.2, RESURFACING and SIGNALIZATIONROAD CONSTRUCTION through the seasonDrivers should be aware that the temporary signals are on a timer, not detection, so usual signal patterns have changed.STERLING HIGHWAY BELUGA LAKE DAM IMPROVEMENTSROAD CONSTRUCTION through mid JulyThe area of impact for this construction is approximately a 1/2 mile, with guard rails on both sides of the highway. Facebook0TwitterEmailPrintFriendly分享The Department of Transportation has released it’s weekly road construction update for the projects currently taking place on the Kenai Peninsula.last_img read more

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Doubledown Files for Bankruptcy

first_imgLate last year, Dunning gave Doubledown a $300,000 short-term loan to cover operating expenses—on top of $3.575 million he invested in the second half of 2008. Dunning’s total investment in the company is said to be roughly $8 million. Legal TroublesAccording to court documents, an arbitrator on December 3 awarded Deedee Morrison, the founder of Private Air, $450,000 in salary, as well as payments contingent on “net annual sales revenues.” Doubledown filed a countersuit, alleging Morrison defrauded the company over the value of the magazine’s advertising contracts, which was dismissed.Morrison did not return multiple requests for comment from FOLIO: this week seeking comment.Earlier this month, Doubledown asked for—and was granted—an extension for the award to be entered into judgment by the court. Doubledown Media, the former publisher of magazines aimed at the Wall Street elite, has filed for bankruptcy protection.According to a petition filed in a Manhattan court, Doubledown has between $10 million and $50 million in assets and liabilities, Reuters reported Wednesday. Earlier this month, the New York-based company—which published Trader Monthly, Dealmaker, Private Air, Corporate Leader and the Cigar Report—said it was ceasing operations.Before that, president Randall Lane [pictured] and chairman Jim Dunning—Doublesdown’s primary investor—had been searching desperately for a buyer. According to a letter sent by Lane to investors in December, the company lost $3 million in 2008.last_img read more

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AirAsia India Offers Oneway Ticket for ₹699

first_imgBudget carrier AirAsia’s Indian arm on Sunday launched a week-long sale offer for its entire network with one-way tickets at prices as low as ₹699, including taxes.The offer comes as part of the Malaysia-based parent company’s ‘Big Sale’ with three million promotional seats on its network from Kuala Lumpur, with the starting fare of ₹2,599 for international flights operated by AirAsia Berhad and Thai AirAsia, the airline said in a statement.AirAsia’s offer of ₹2,599 would be available on flights from Chennai, Kochi, Kolkata, Bengaluru, Tiruchirappalli and Hyderabad to Kuala Lumpur operated by AirAsia Berhad and Chennai to Bangkok flown by Thai AirAsia, the release added.AirAsia India is offering an all inclusive one-way fare starting from ₹699 for flights from Bengaluru to Chennai, Kochi, Goa, Jaipur and Chandigarh and vice versa.Tickets can be booked on Airasia’s website from Sunday night till Nov 16, for travel period from June 10 next year to Jan 17, 2016, the company said.”The ‘Big Sale’ offer would allow our guests to plan their travel early with extremely low fares,” said AirAsia India chief executive Mittu Chandilya.last_img read more

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NHRC chair terms election fair neutral

first_imgNHRCNational Human Rights Commission (NHRC) chairman Kazi Reazul Hoque on Tuesday claimed that Sunday’s general election was held in a free, fair and neutral manner.”All (parties) took part in the election. Voters had been able to vote for the candidates of their choice. So, the election was free, fair and neutral,” he said while addressing a press conference at the NHRC office in the city.The NHRC chief said no one quit the election race although there were some allegations before the election. “As a result, the election was participatory and it was held in a peaceful atmosphere.”About the arrangement of the national election under a party government, he said the election should be held under the party government every time. “Violence marks a sharp rise and everyone can cast their vote fairly (if election is held under party govt) which never happened in the past.””Although the elections were being held under a caretaker government since 1991, the intensity of violence was higher in the past. But this time, we heard no violence of that dimension. So, I think the election should be held under the party government in the future,” Reazul said.He claimed that there was no allegation of any casualty and violation of human rights during the election although they learned from media reports that 14 people were killed in election violence.”I’ve visited a number of polling stations in Dhaka but saw no incident of human rights violation,” the NHRC chairman said, adding that he found the agents of opposition candidates in all the centres except a few.According to UNB correspondents, at least 18 people were killed in violence on the election day across the country.Reazul said they received a total of 52 allegations of threat and obstructing voters from going to centres before, during and after the election and informed the Election Commission which took action in this regard.Answering a question about the ‘gang rape’ of a housewife in Noakhali for voting for an opposition candidate, he said they will investigate the incident.The 11th Parliamentary elections were held amid huge allegations of irregularities, including vote-rigging and capturing of polling stations by ruling party men.last_img read more

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Civil Rights Legend Gloria Richardsons Eternal Struggle

first_imgBy J. K. Schmid, Special to the AFROGloria Richardson might be better know by her photograph than by her name.A sequence of photographs captured her in Cambridge, 1963, forcing a bayonet out of her face while giving a White National Guardsman the most contemptuous of looks.Cambridge was under martial law at the time, and tensions were at their peak. Jim Crow was strong in Cambridge. Schools, hospitals and churches were segregated and Black unemployment was quadruple White unemployment.Joseph Fitzgerald and Dion Banks discuss the history and life of Gloria Fitzgerald and at Red Emma’s Feb. 28.Richardson nee St. Clair, an heiress of the Baltimore Black elite, was born and raised on Stricker Street until moving to Cambridge at six years old. She attended St. James Episcopal Church and Public School No. 119. She played in Lafayette Park.“Her family was not middle class, they were actually above middle class,” said Joseph R. Fitzgerald, assistant professor at Cabrini University. “Her family was so wealthy that when Ms. Richardson’s maternal grandfather died, he was a city councilman in Cambridge, Ms. Richardson’s family, they found IOUs where he was lending White politicians money.”Fitzgerald’s latest work of scholarship is “The Struggle is Eternal: Gloria Richardson and Black Liberation,” what Black Panther Kathleen Cleaver called “the first book to fully examine the Cambridge movement and its leader.”Cleaver goes on in her critique to describe the now 96-year-old Richardson as a leader “whom the authorities considered almost as dangerous as Martin Luther King Jr.”And there was real danger. While spokesperson of the Cambridge Nonviolent Action Committee, Richardson nevertheless found herself at the fore of an armed uprising of disenfranchised Blacks, facing off against police, soldiers and White rioters.The danger was so acute, that Attorney General Robert F. Kennedy was forced to intervene lest neighboring violence spread to the nation’s capital.Kennedy, representatives of the Department of Justice, the  State of Maryland, and local leadership all signed “The Treaty of Cambridge,” a guarantee of civil, economic and human rights for the people of Cambridge. The Civil Rights Act would not be signed into law until the next year.Businesses, schools and hospitals desegregated over the summer of 1963.Richardson has told a story of how her uncle died from a White hospital’s neglect when they refused to admit him and save his life.Cambridge finally elected its first Black and first woman mayor, Victoria Jackson-Stanley, in 2008.Dion Banks worked on Jackson-Stanley’s 2012 reelection campaign.“When I talk about reclaiming our narrative, telling our story, one of the things I wanted to do was to make sure that Gloria Richardson was honored,” Banks said at a Red Emma’s book forum and signing with Fitzgerald. “In the state of Maryland you have to be dead in order to get a day declared for you.” Banks and other activists persuaded the Governor’s office to change the rule, but didn’t stop there. “February 11 in the state of Maryland is Gloria Richardson Day, which was the platform that we used to launch what we call Reflections on Pine to tell our story all across the world about Gloria and the Civil Rights Movement in Cambridge.”Reflections on Pine is a walking tour of Cambridge, a city that historians have described as another-if not the second-Black Wall Street.“She’s one of the icons who’s not recognized in my opinion, just like Robert Williams, another overlooked figure in the Black liberation movement,” Dr. Ken Morgan, assistant professor Interdisciplinary and Urban Studies at Coppin State University, offered during the forum’s question and answer period. “I just wanted to say that hopefully that, in Maryland at least she should be able to be recognized in the Hall of Fame as a great person who led a great struggle in Maryland.”“Cambridge, we look at it as a second Black Wall Street, but Cambridge has problems, just like Baltimore City,” Morgan continued, recalling her example and conversations between her and his students. “As well as Salisbury, as well as Prince George’s County, as well as Montgomery County, as well as Frederick County, Hagerstown, other places. It’s going to be really significantly important for Black folks to get together in Maryland to make things happen.last_img read more

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Matildas Delhi debut

first_imgEver thought how exciting it would be to witness your childhood favourite persona on stage, in the very Capital just before Christmas? There is a good news for all Roald Dahl fans as his famous novel ‘Matilda’ has been adapted into a play by the KidsWorld Theatre Group duo Bubbles Sabharwal and Lushin Dubey with performances on till Sunday at DLF Promenade.Talking about the play titled ‘Oye Matilda! Tu hai Ustad!’ co-director Bubbles Sabharwal said, “Our play is contemporary, and would connect well with the Delhi audience as in the play, Matilda’s family lives in West Delhi. While Mr Fernandez is a ‘jugadu’ guy, Mrs Fernandez is a materialistic consumer freak, and their son, Matilda’s brother is a phone freak. We have also written the play in Hinglish, just the way delhiites speak now. We’ve also composed a one-of-a-kind song, ‘Arre main hu ustad’ which is sung by the father, entirely based on the Hinglish dialect spoken these days. Our musician Laura Santana has done the music composition.” Also Read – Add new books to your shelf”It took us five-six weeks to prepare the play. These children come to us for a workshop, and now they are getting an opportunity to portray their skills at DLF. They’ve learnt teamwork, projection, working with props… all these lessons integrated together produces the play entirely,” informed Bubbles Sabharwal.When asked about the challenges Lushin and she had faced while working with children, Bubbles remarked, “I have been working with children for about 27 years, and noticed that people do not take children seriously. But over the years, now the situation has improved. We’ve been lucky to have good sponsors with God’s grace. Mothers would usually get their children for workshops as part of holiday activities, without knowing how it leads to personality enhancement, as over the years, a lot of life skills are learnt on stage. The first challenge is finding a sponsor, someone who beliefs in the cause of children. Children are like life insurance, you know you invested right when you open up the policy 20 years later. Similarly, theatre gives children a tremendous amount of confidence in dealing with people. The other challenge is to make the parents realise that if they allow the children two hours per day for five days a week, it is time well spent.” Also Read – Over 2 hours screen time daily will make your kids impulsiveThe duo is expecting a family audience for the show, with very little options of family entertainment available these days. Matilda is a novel by prominent British storyteller Roald Dahl, that tells the tale of a genius little girl who is utterly ignored by her family. Some other famous works of Roald Dahl are ‘The Twits’, ‘The Witches’, ‘The BFG’, and ‘Charlie and the chocolate factory’, most of which have been adapted into films. Drop by with your little ones towards the end of the week to experience the awe in magic, as you watch children unfold the tale of Delhi’s Matilda.last_img read more

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This is the dirtiest spot on an airplane and its not what

first_img Share This is the dirtiest spot on an airplane (and it’s not what you think!) << Previous PostNext Post >> Friday, September 1, 2017 Travelweek Group Posted by TORONTO — A new study from Travel Math about the dirtiest places on an airplane will have you reaching for that bottle of hand sanitizer in no time.According to Southern Living, the study took swabs from four different flights and sent them to a lab to be tested. The results, which are an average from those four flights, may surprise you.Shockingly, the most germ-infested spot on an airplane is where you’d place your food. That’s right, the tray table is absolutely ridden with germs! It tested for 2,155 colony-forming units (CFU) of bacteria per square inch. To put this into perspective, coming in as the #2 dirtiest spot is the overhead air vent with a paltry 285 CFU per square inch.The flush button in the lavatory – which many would assume would be the filthiest – actually came in at #3 with 265 CFU per square inch, followed by the seatbelt bucket with 230 CFU per square inch.More news:  Honolulu authorities investigate arsons at 3 Waikiki hotels; no injuries reportedThe study also examined airports, and found that the push button on water fountains were cesspools of bacteria, with $1,240 CFU per square inch.So next time you board an airplane, it may be wise to bring your own tablecloth. And don’t forget your hand sanitizer!last_img read more

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Rep Farrington approves bills giving families and seniors broader tax relief

first_img26Jan Rep. Farrington approves bills giving families and seniors broader tax relief Tags: Tax relief Categories: Diana Farrington Newscenter_img The Michigan House has approved legislation giving Michigan families and seniors broader income tax relief.The bills continue and increase personal exemptions for Michigan taxpayers and their dependents on their income taxes, while providing additional relief for senior citizens.Rep. Diana Farrington, of Utica, voted for the three-bill package that will enable people to keep more of their hard-earned money.“People have been claiming exemptions for themselves and their dependents on their income taxes for years, and this is not the time to end that,” Farrington said.The legislation, House Bills 5420-5422, will:·         Ensure Michigan taxpayers can continue claiming personal exemptions on income taxes after federal tax reforms signed into law last month, and increases the state personal exemption from the current $4,000 to $4,300 for the 2018 tax year, with gradual increases reaching $4,800 for 2020;·         Certify taxpayers in Michigan cities with an income tax will continue to be able to claim exemptions if the city adopts a uniform ordinance; and·         Help senior citizens in addition to the personal exemption increase by providing a $100 refundable income tax credit for a single filer age 62 or older – or $200 for joint filers.House Bills 5420-5422 now move to the Senate for consideration.###last_img read more

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SESs Astra 5B satellite which was built by Airbu

first_imgSES’s Astra 5B satellite, which was built by Airbus Defence and Space, is due to launch on board an Ariane 5 launcher on Friday March 21.The delayed 5B is the first of six Airbus telecommunications satellites that are due to launch in 2014, according to the firm.SES said that the satellite will be launched into space from the European Space Centre in French Guiana on board an Ariane 5 ECA rocket between 19:05 pm and 20:02 pm local time.Astra 5B will be deployed at 31.5° East and will provide transponder capacity in Ku and Ka bands. Its reach will be over Eastern European and neighbouring markets for DTH, direct-to-cable and feeding to digital terrestrial television networks.Astra 5B will be the eighth Airbus Defence and Space-built Eurostar E3000 satellite in the SES fleet to be placed in orbit, following the recent launches of ASTRA 2E in September 2013, SES-6 in June 2013 and ASTRA 2F in September 2012.last_img read more

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SDLP Health Spokesperson Mark H Durkan has urged p

first_img SDLP Health Spokesperson Mark H Durkan has urged people of all ages to collectively practice and encourage safer internet usage. He was commenting amid public outcry for social media giants who own the likes of Facebook, Instagram and Twitter to tackle harmful content negatively influencing the mental health of young people.Said the Foyle MLA: “Social media can be a wonderful tool when used with care, however harmful and at times graphic content which often slips through the net, can have a devastating impact on those already suffering from poor mental health. “We must make a conscientious effort, as online users, to report harmful material, to practice safer online usage and remove this scourge from social platforms. “We must also invest in public information campaigns to educate school children on how to safely navigate social media.“It is clear we need to deliver a realistic approach to what is a labyrinthine task. “By taking small steps to change how we use social media and by informing our young people on safe usage, together we can create safer online communities,” added Mr Durkan.Durkan urges social media vigilance over mental health fears to young people was last modified: January 30th, 2019 by John2John2 Tags: Durkan urges social media vigilance over mental health fears to young peopleFacebookFOYLE MLAINSTAGRAMMark H DurkanSDLPSOCIAL MEDIATwitter “Due to algorithms, the ‘bread and butter’ of these social platforms, negative content is pushed towards those individuals already experiencing depression or suicidal thoughts, essentially those most likely to engage with the content.“It would be myopic to suggest that the onus falls on social media companies. “Of course, they have a duty to implement tighter restrictions and review enforcement policies- yet the reality remains that some material will inevitably filter through. “This is a global issue and as such is extremely difficult to police- perhaps an even greater task for parents of teenagers who want to afford them some degree of privacy. ShareTweetlast_img read more

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In This Issue   Bias to buy dollars remains

first_imgIn This Issue. *  Bias to buy dollars remains. *  Eurozone Confidence soars to 2-year high! *  Norwegian Retail Sales fall 1.3%. *  Canada’s Current Account Deficit widens. And, Now, Today’s Pfennig For Your Thoughts! A Curious Upward Revision in U.S. GDP. Good day. And a Happy Friday to one and all! It’s bound to be a Fantastico Friday, for a number of reasons. Let’s see. front and center, it’s the kick-off  of a 3-day holiday weekend. And, for those of us that get paid on the 15th & 30th, this is payday! Of which, I would rather receive one than eat one! (although it is a tasty candy bar!)  It’s also the end of a very long week for me, as I’ve been running hot & cold. This morning hasn’t started out good, in that regard, but. It can only get better from here! (See that’s me!, always looking forward to what’s ahead!) And today, could also be a little strange with the asset classes as the volume will go stealth around noon today, as the boys and girls in NY head to the Hamptons around noon. So be careful out there this morning..  And what the heck, why not just close the computer down (after reading the Pfennig of course!), close the books, and start your Labor Day Holiday early?  Sounds like a plan. and I love it when a plan comes together! The currencies are weaker again this morning, although most of the losses in value were booked yesterday. The U.S. surprised the markets with their ability to cook the books enough so that an upward revision in GDP didn’t look so curious to them. Of course it looked very curious to me, but then what else did I expect? The Fed Heads are bound and determined to get the unwinding of their latest bubble blowing machine started before they are unable to ever do it. And they would LOVE for the economic data to show the world that they are right to start tapering. It doesn’t matter that no one questioned how 2nd QTR GDP jumped from 1.7% in the first print to 2.5% in the 2nd print! Isn’t that just a little bit too much good, given the economic reports that started in March to be questionable at best?  Of course it is. But the media is living with the wool pulled over their eyes, and have no gumption to remove the wool. Isn’t it a shame? Well, I got my blood going good writing that, and listening to Edwyn Collins sing his song, “A Girl Like You”. That one will get your bopping in your chair!   Ok. back to the serious stuff!  I was interviewed by Kate Gibson of MarketWatch yesterday, she wanted to know  what I thought the reaction of the stock market would be after the GDP report. Now mind you, this was before the stock market opened. So, I checked the stock futures and they were only up .3%… So, I told her that I would think the stock jockeys would be torn between two things (like torn between two lovers). Normally, stock jockeys would love a strong GDP report. But with this report being the last GDP report before the Fed Heads meet in September, one would think that this could be the straw that stirs their tapering drink, and any talk of tapering hasn’t been for stocks..  Well, stocks ended the day up on the day. So, now the stock jockeys don’t think the Fed Heads can taper? I doubt it. They know it’s like California dreaming, it’s becoming a reality. A dear long time reader sent me a note yesterday and said that it’s not just me that people don’t want to come to listen to anymore, CNBC’s ratings are at a 20-year low. And just to throw gas on this fire. I saw over at zerohedge.com that they call the stock market the, ” Federal Reserve sponsored equity market” HAHAHAHAHAHA!   U.S. equity trading volume in August is the lowest on average in 16 years!  Where are the investors going? I wish I could say that bank deposits are soaring. but the money’s not there either. And we know that Treasuries now are treated like persona non gratis. So, in the words of Jerry Maguire. Show Me The Money! The euro is trying to hold on and stop the sliding this morning, and reports like the markets got on the European Confidence should help.  Economic Confidence in the Eurozone soared to a 2-year high this month, as the Consumer sentiment index rose from 92.5 in July to 95.2 in August. Earlier this week we had a positive IFO report on Business Confidence, so things are looking brighter for the Eurozone, which just recently climbed out of the recession hole they had fallen into about 2 years ago. The Eurozone economy, as a whole, but led by Germany of course, is gathering steam. And with each of these stronger reports, the fears of another rate cut, which was probably about to be made at the last European Central Bank (ECB) meeting, are erased. And that’s good for the euro, folks.. Norway received so not so good data this morning, as Retail Sales for July fell -1.3%, and the Unemployment rate remained steady at 2.8%… (it was expected to drop!) So the krone isn’t participating in the euro’s attempt to stop the sliding. I had a dear reader ask me about the krone, and whether he should bail or batten down the hatches. Well, you know me, I can’t really tell someone what to do, but I can give you my opinion, which can be wrong (my wife loves when I have to type that!)  But, I don’t know how long you’ve held krone. You could have huge gains in the currency or be seeing some red. But either way. are you diversifying your investment portfolio? Or just seeking currency gains?  To me, the only reason to do all this is to diversify your investment portfolio so that not all of the portfolio is denominated in dollars. In doing so, you provide a hedge against further dollar depreciation, which won’t be a one-way street, and you could see losses at times.  But you could also see currency gains on your hedge, and that would be like icing on the cake!  Remember, dollar weakness is equal to loss of purchasing power for the dollar holder. So, you have to read between the lines, but I think I told you what you wanted to know about holding krone. In Canada yesterday, we saw their Current Account Deficit widen, which I had thought would not be good for the loonie, and it wasn’t. Today, we’ll see the color of Canada’s 2nd QTR GDP.  I think we’ll see their 2nd QTR GDP come in around 1.7%, which is where the U.S.’s should have been before going through the donut maker.  Hmmm donuts. I think I’m doing my best Homer Simpson here, but my new taste for sweets, which I never really had before, but do now, has me thinking of donuts this morning. I’m just saying. The Brazilian real saw more strength yesterday. Twice this week the Brazilian Central Bank (BCB) has come to the aid of the real, first announcing a $60 Billion line to be used in intervention to defend the real, and then the 50 basis points rate hike I talked about yesterday. The double barrel shotgun approach has done wonders for the real which had fallen to a low of 2.4545 just a week ago to a recovering level of 2.36 this morning. (remember, real is a European priced currency, so as the price goes down, the value goes up!)  Of course 2.36 is still a long way away from the lofty numbers the real used to have associated to it. But a positive move is still better than opening a bag of bees. Gold is down $12 this morning, and has fallen back below $1,400. The Bloomberg has two stories this morning with different takes on Gold. the first one says, “Gold cuts monthly advance on speculation Fed will slow stimulus.”  And then that’s followed by one that says, “Gold trade most Bullish since March on Syria Crisis.”  So. what’s it gonna be boy? And just to repeat something I talked about yesterday, the miners in S. Africa have confirmed that they will go on strike on Monday. Hello, price manipulators? Yes, It’s Chuck calling again to harass you. I just want to ask you a question. How can you explain to regulators your ever expanding short positions, with the largest Gold producing country going on strike, thus limiting the supply of Gold?  Come on Lucy, you’ve got some ‘xplainin’ to do! The U.S. data cupboard will yield July readings of Personal Income & Spending this morning to end our week. I’m certain that once again, we’ll see that we spend more than we make. But think about this spending thing. I had a dealer friend (hi Shauna!) ask me if I thought everything in the world was OK now (with GDP up 2.5%)   and I said, “No. it’s all manipulated, cooked, and rolled out to make everyone happy so they’ll go and spend money on flat screen TV’s” . spend, spend, spend. That’s what would make the Fed Heads & the Gov’t happy. And it will make you happy too, until you realize that you could have bought Gold instead of another flat screen TV for your house that already has 6 TV’s! For What It’s Worth. It’s all me today folks. I’ve been doing a lot of deep thinking. (for my close circle of friends, we all know that means, right Kevin?)  I mentioned the Fed’s Bubble Blowing machine up top. and that’s the focus of my soap box speech today. Are you ready?  Here goes. OK. Several times over the past few years I’ve listed the things that Fed Head James Bullard was quoted as saying were the benefits of QE.  you know, lower rates, higher asset prices, and a lower dollar. But you know the one thing that he failed to list, and the one thing that the Fed refuses to admit they were a part of, is the bubble in Emerging Markets.  Unintended Consequences, I’ll call it.  You see, by keeping rates ultra-low, investors sought out higher yielding places to invest. Remember what I always say, money goes where it’s treated best.  Those places were the Emerging Markets.   So, with the fear of removing QE, the markets are automatically of the belief that interest rates will rise. Shoot Rudy, after Big Ben first muttered the word “taper”  Treasury yields have risen over 100 Basis points in the 10-year.  was that a sell the rumor buy the fact trade? I doubt it. Should the Fed really go through with tapering, I would think Treasury yields will continue to rise, and that will draw more money home to (where it’s treated best) The Fed tried very diligently to explain the difference between tapering and keeping their interest rates low, but the markets aren’t buying it. And the bond traders are taking back the responsibility of Treasury yields from the Fed. So, what does this all mean for the Emerging Markets? Well, it’s my opinion, and of course I could be wrong, that while suffering now, and in the near future, that the Emerging Markets will recover. First, without the off the charts growth, the Current Account Deficits they all have gained, will begin to narrow, and that will be a good thing going forward. Then organic growth in the countries, will take over, and within a few years, the Emerging Markets will be back to leading the world in growth.   And as far as the Fed’s Bubble Blowing machine goes. You know the Fed Heads refused to admit that they had anything to do with the Tech Bubble, or the Housing Bubble, but we all know what caused those, for I’ve explained it to you so many times in the past, that you probably could give the presentation on The Fed’s Bubbles instead of me!  Bill Fleckenstein wrote a great book about 7 years ago, called “Greenspan’s Bubbles. The Age of Ignorance at the Fed”.  Just in case you need some additional proof of what I tell you. And that ends today’s dissertation on what the Fed is doing to the Emerging Markets, I hope you enjoyed it. I’ll be back next week with more, so until then, Have Fun! To Recap. The bias to buy dollars remains throughout the currencies and metals this morning, although most of the value was transferred to dollars yesterday. Today could be strange with the boys and girls in NY heading to the Hamptons around noon today. Eurozone Confidence printed strong thus confirming the recovery is gathering pace. Gold falls back below $1,400, and the markets are torn on where to go with Gold. They should just ask me, I’ll tell them! Currencies today 8/30/13. American Style: A$ .8935, kiwi .7770, C$ .95, euro 1.3245, sterling 1.5505, Swiss $1.0755, . European Style: rand 10.3125, krone 6.11, SEK 6.6080, forint 227.05, zloty 3.2170, koruna 19.4180, RUB 33.24, yen 98.25, sing 1.2745, HKD 7.7555, INR 65.70, China 6.1709, pesos 13.30, BRL 2.3590, Dollar Index 81.95, Oil $107.85, 10-year 2.77%, Silver $23.69, Platinum $1,513.40, Palladium $728.58, and Gold. $1,395.12. and here’s the link to take a peek at the U.S. Debt Clock. click here. That’s it for today. Happy Birthday to my old latte’ Buddy, Michelle. She dropped me like a bad habit a few years ago, but I don’t hold that against her! HAHAHAHAHAHA!  (She didn’t drop me, I just stopped going, because I couldn’t drink coffee at that time) College Football began last night, and my beloved Missouri Tigers will play tomorrow night. I wish them well on their 2nd season in the SEC. I’ll be putting the Big Green Egg to the test this weekend. I can’t wait ! I love to have the smoker going early in the morning. I know sounds like Robert Duval in the Vietnam movie, when he said, ” I love the smell of napalm in the morning”.  But no! I love apple wood smoking filling the backyard with great aroma. It’s the little things that make me happy folks.  And with that, I’ll get this out the door. Thank you so much for reading the Pfennig, and I also thank all of you who send me notes applauding what I’ve written from time to time.  Just being myself. Now, it’s payday, it’s the kickoff of a 3-day holiday weekend, and it’s Friday, let’s go out and make it a Fantastico Friday!  Ready, Set, Go! Chuck Butler President EverBank World Markets 1-800-926-4922 1-314-647-3837last_img read more

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first_img Sponsor Advertisement Platinum and palladium weren’t spared, either—and both closed down on the day as well.  Platinum by seventeen bucks—and palladium by 7 dollars.  Here are the charts. The dollar index closed at 80.38 on Friday in New York—and chopped quietly higher throughout the entire Monday trading session, finishing the day at 80.63—up 25 basis points on the day. I have a decent number of stories for you today—and the final edit is yours. What should be seen as being beyond doubt is that COMEX positioning is the price driver in silver and gold. Nothing else even comes close. We went down in price this past week and on every previous price sell-off because the technical funds got snookered into selling on price signals rigged by the commercials. We will go up when the technical funds have sold all they can sell and then begin to buy. No one knows the day of the price turn up in advance, but it will come—and should most likely come soon, given the extreme COT readings, particularly in silver.  – Silver analyst Ted Butler: 31 May 2014 It was a low volume, nothing sort of day in both gold and silver on Monday.  Low volume or not, one shouldn’t overlook the fact that a new low price tick for this move down was set in both metals during the Hong Kong afternoon trading session—and the price of both got sold down once the London p.m. gold “fix” was in. Here are the 6-month charts for both gold and silver so you can see the “slicing of the salami” to the downside that’s been going on day after day. The gold stocks opened down a bit, but rallied back into positive territory on the rally going into the London p.m. gold fix.  Once the gold price got capped, the stocks sold off as well, hitting their lows of the day at 2 p.m.—the moment that the gold price stopped falling.  From there they rallied quietly in the close—and finished down 0.60%. A new low price tick for this move down was set in both metals The gold price got sold down the moment that trading began in New York on Sunday evening.  The HFT boyz took the price down to its low tick of the day shortly after 2 p.m. Hong Kong time—a new low for this move down—and the rally that began at that point got capped at the London p.m. gold fix.  From there it got sold down until 2 p.m. EDT in electronic trading—and it didn’t do much after that. The high and lows ticks were reported by the CME Group as $1,251.00 and $1,241.10 in the August contract. Gold finished the Monday session at $1,243.50 spot, down another $7.80 from Friday’s close.  Volume, net of June and July, was pretty light at only 90,000 contracts. The CME Daily Delivery Report for Day 3 of the June delivery month in gold showed that 7 gold and 81 silver contracts were posted for delivery within the Comex-approved depositories on Wednesday. So far this month, only 99 gold contracts have been posted for delivery.  I don’t know what to make of that—and I forgot to ask Ted Butler about it when I spoke to him on the phone yesterday.  In silver, the largest short/issuer was Jefferies once again with 70 contracts—and the three largest long/stoppers were JPMorgan, Scotiabank and Barclays. The link to yesterday’s Issuers and Stoppers Report is here. There were no reported changes in GLD yesterday—and as of 7:31 p.m. EDT yesterday evening, there were no reported changes in SLV, either.  But when I checked the iShares.com Internet site at 3:02 a.m. EDT this morning, much to my surprise, there had been a very chunky deposit of 2,401,285 troy ounces reported.  One can safely assume, based on the recent price action, that this was deposited to cover an existing short position. The U.S. Mint had a smallish sales report yesterday.  They sold 4,500 troy ounces of gold eagles—1,000 one-ounce 24K gold buffaloes—100 platinum eagles—and zero silver eagles. In gold over at the Comex-approved depositories on Friday, they reported receiving 32,147 troy ounces—all of which went into the warehouse over at HSBC USA. In silver, there was 601,134 troy ounces reported received—and 62,199 troy ounces reported shipped out.  The big receipt went into Brink’s, Inc. Here are a couple of charts courtesy of Nick Laird.  They are the intraday price movement for both gold and silver during the month of May.  As you tell, the charts are very similar, with the major inflection points in both coming at the 8 a.m. London open, the London noon silver fix—and the 1:30 p.m. EDT Comex close. In Tuesday trading in the Far East, not much happened price-wise in either gold or silver up until 1 p.m. Hong Kong time.  Then both popped a bit, however it remains to be seen if this develops into anything as the trading progresses in London and New York. And as I write this paragraph, the London open is five minutes away—and volumes in both metals are on the lighter side.  The dollar index is basically flat. Today, at the 1:30 p.m. Comex close, is the cut-off for this Friday’s Commitment of Traders Report.  Providing nothing untoward happens to the upside in price during Tuesday trading, it’s a given that the numbers in the COT Report will be another one for the record books, particularly in silver. And as I hit the send button on today’s column an hour after the London open, all four precious metals are in the plus column.  Gold and silver volumes are up some more, but not by alarming amounts—and the dollar index is down a handful of basis points. I’m off to bed early, as I have a plane to catch later this morning—and I’ll see you here tomorrow. The silver price action was very similar to gold’s, so I shall spare you the details—except to note that silver also touched a new low price for this move down as well. The high and low for silver were recorded as $18.87 and $18.65 in the July contract. Silver closed in New York yesterday at $18.76 spot, down 5 cents from Friday.  Net volume was also pretty light at only 22,500 contracts. The price path of the silver equities was almost the same as the gold stocks, except for the fact that Nick Laird’s Intraday Silver Sentiment Index closed down 1.04%. Learn how the government and the Fed are looting your accumulated wealth – Get this free issue of Robert Prechter’s Theorist now >>last_img read more

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3 in every 1000 inhabitants are lawyers

first_imgThree in every 1,000 inhabitants are lawyers according to the 2019 EU Justice Scoreboard published in April.309 individuals per 100,000 inhabitants are lawyers, ranking Malta in the fifth place after Luxembourg, Germany, the United Kingdom, and Ireland.Perceived judicial independence42% perceive judicial independence as fairly good in Malta, while 18% perceive it as fairly bad.The main reason among the general Maltese public for the perceived lack of independence was interference or pressure from government and politicians (16%), interference or pressure from economic or other specific events (15%) and the status and position of judges do not sufficiently guarantee their independence (12%). SharePrint Average length of Money laundering court casesParties in money laundering cases waited on 1465 days on average for the court to deal with their cases in 2017. The data comes from the 2019 EU Justice Scoreboard published in April.While no data was provided for Denmark, Germany, Greece and the United Kingdom, the Maltese courts therefore take the longest in the bloc to deal with money laundering. While Luxembourg took the least number of days in 2016, followed by Estonia, only Latvia was second to Malta in taking long to deal with money laundering cases.Government total expenditure on law courtsThe general government total expenditure on law courts was of €62 per inhabitant in 2017, while in 2016 this amounted to €63. Luxembourg’s general government total expenditure on law courts was €215 per inhabitant, ranking the highest, while for Cyprus this amounted to €30 per inhabitant, ranking the lowest.The EU Justice ScoreboardThe EU Justice Scoreboard is a comparative information tool that aims to assist the EU and Member States to improve the effectiveness of national justice system. The Scoreboard helps in identifying good practices, improvements and potential shortcomings. Trends in the functioning of national justice systems also emerge over time.The 2019 Scoreboard includes new indicators on the authorities involved in disciplinary proceedings regarding judges, in the main management powers over national prosecution services and in the appointment and dismissal of national prosecutors. As well as new overview on how financial resources are spent in each justice system, and a new overview on the standards used in highest courts to improve the quality of judgement, in cooperation with the European judicial networks.Government welcomes reportIn a statement the Government welcomed the EU Justice Scoreboard published by the European Commission, saying that while challenges remain, the report shows that overall the efficiency has improved in Malta’s justice system. The Government said it remains committed to improve the justice system.WhatsAppcenter_img <a href=’http://revive.newsbook.com.mt/www/delivery/ck.php?n=ab2c8853&amp;cb={random}’ target=’_blank’><img src=’https://revive.newsbook.com.mt/www/delivery/avw.php?zoneid=97&amp;cb={random}&amp;n=ab2c8853&amp;ct0={clickurl_enc}’ border=’0′ alt=” /></a>last_img read more

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STAR PREVIEW Arsenal v Newcastle

first_imgA bit of trivia teasing for you this Monday. Which club has scored more goals than any team bar Liverpool and Man City this season, and currently has a record of 41 points from the last 45 taken at home, where only Manchester City have taken more points in front of their own fans?Arsenal would not be the default answer for many, but the above statistics are true, and Unai Emery’s men, chasing a top four finish, will be looking to extend that good run with the race for fourth being incredibly tight. Liverpool’s last gasp defeat of Spurs will have helped them, but Chelsea’s equally dramatic defeat of Cardiff means they are sixth, although only one point separates them from Manchester United in fourth.They are strongly favoured to get the better of Newcastle United, who have come up with a charge that could well keep them in this league once again. The Magpies have lost just twice since the start of February, a fine testament to the achievements of Rafa Benitez, who gets less attention than Debenhams from Mike Ashley and still manages to work such magic with the squad.They have improved a lot, with Salomon Rondon scoring his ninth league goal of the season in a 2-2 draw at Bournemouth with Matt Richie snatching a point in the very last minute whilst there was Ayoze Perez’s inspired late form, including a double in a 3-2 comeback win against Everton, has taken them close to the likely target that keeps a team up (although they will be in the thick of a relegation battle.)Arsenal, who were last seen here when gaining a deserved win against a resurgent Manchester United side, have the firepower in the shape of Pierre-Emerick Aubameyang and Alexandre Lacazette upfront whilst Mezut Ozil has worked his way back into the midfield, where Granit Xhaka is also having a strong run at the moment too.Arsenal v Newcastle UnitedPremier League20:00 Sky Sports Premier League / Sky Sports Main Event / Sky Sports Ultra HDHEAD TO HEAD RECORD(Maximum 10 matches)SEP 2018 PREMIER LEAGUE Newcastle 1-2 ArsenalAPR 2018 PREMIER LEAGUE Newcastle 2-2 ArsenalDEC 2017 PREMIER LEAGUE Arsenal 1-0 NewcastleJAN 2016 PREMIER LEAGUE Newcastle 0-1 ArsenalMAR 2015 PREMIER LEAGUE Newcastle 1-2 ArsenalDEC 2014 PREMIER LEAGUE Arsenal 4-1 NewcastleAPR 2014 PREMIER LEAGUE Arsenal 3-0 NewcastleDEC 2013 PREMIER LEAGUE Newcastle 0-1 ArsenalMAY 2013 PREMIER LEAGUE Newcastle 0-1 ArsenalDEC 2013 PREMIER LEAGUE Arsenal 7-3 NewcastleTheir ability and home advantage should see them prove to be too strong for Newcastle, but the Magpies have proven tough for more illustrious rivals to break down this season; of their five games away to the top six, only Liverpool have beaten them by more than one goal and then they conceded early before the floodgates opened late. Arsenal have the skill to break through, but perhaps Newcastle can keep this relatively close.RECOMMENDED BETS (scale of 1-100 points)BACK ARSENAL TO WIN BY ONE GOAL 5 points at 11/4 with starsports.betPROFIT/LOSS SINCE JAN 1 2017: PROFIT 270.96 points(excluding Premier League ante-post and BREXIT bet)last_img read more

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