Dimuth Karunaratne and his Sri Lanka squad were still in contention at the Cricket World Cup when they practiced on the eve of their group game against West Indies.They were out of contention before the sunset Sunday, when England beat India at Edgbaston.It was a payback of sorts from the tournament hosts. The Lasith Malinga-inspired upset win over England at Leeds on June 21 revived Sri Lanka’s prospects of reaching the semifinals, and also opened the door for Pakistan and Bangladesh.Until then, it appeared the top four of Australia, India, New Zealand and England were destined for the semifinals. That loss dented England’s chances, and a subsequent loss to Australia put the hosts under even more pressure.Going into the last week of the group stage, only Australia is assured of a place in the last four, with seven wins and 14 points from eight games. India and New Zealand are on 11 points and England is back in the fourth spot on 10. Pakistan (9) and Bangladesh (7) are still in the hunt, but Sri Lanka (6) can’t make it – even if it wins its last two games against West Indies and India to finish on 10 points and England loses its last game group to New Zealand.The tiebreaker, if teams finish equal on points, wins – and England would have more in the W column because Sri Lanka picked up two points from washouts.Sri Lanka was trounced in its opening game against New Zealand, beat Afghanistan and then had washouts against Pakistan and Bangladesh. A loss to Australia had them on the verge of an exit until the win over England shook up the whole competition. With the loss here to South Africa last Friday, Sri Lanka lost control of its tournament destiny.advertisementThe West Indies slumped out of contention after a loss to India three days ago, but coach Floyd Reifer said it wouldn’t influence their game plan against Sri Lanka at Chester-le-Street. He said the future starts Monday for his team.Rain may interrupt Match 39 of ICC Cricket World Cup between Sri Lanka and West Indies as the weather is partly cloudy. However, rain is expected for a very short period of time so a full game is on the cards. Screen grab from AccuweatherAlso Read | World Cup 2019: Pakistan supported India for the first time since partition, says Shoaib AkhtarAlso Read | Sportsmanship of few champions got tested, they failed badly: Waqar Younis slams Team IndiaAlso See:
TORONTO – The Toronto stock index posted a minor gain Friday, while the Canadian dollar fell amid the latest GDP numbers released by Statistics Canada.The S&P/TSX composite index advanced 16.69 points to 15,634.94, led mainly by financials.The country’s eight-month march of monthly growth in the economy came to an end in July after Statistics Canada reported that gross domestic product was essentially unchanged at zero per cent growth in July compared with June. The development could head off more rate hikes this year and put downward pressure on the Canadian dollar.The loonie was trading at an average price of 80.13 cents US, down 0.19 of a U.S. cent.“The Canadian dollar softened as this GDP report reduced the odds of a third rate hike by the Bank of Canada this year, especially when you combine it with governor Stephen Poloz’s recent speech which gave more of a cautionary tone to the bank’s approach going forward,” said Todd Mattina, a chief economist at Mackenzie Investments.The Bank of Canada raised rates twice over the summer following the economy’s surprisingly powerful start to the year, but Poloz said during a speech Wednesday that he has no prearranged route for further interest-rate hikes.On the corporate front, shares of Valeant Pharmaceuticals Inc. (TSX:VRX) were up 79 cents, or 4.62 per cent, to $17.88 at the close of markets amid the company’s announcement that it has completed the sale of its iNova Pharmaceuticals business for $930 million in cash.Quebec-based Valeant says it will use net proceeds of about $920 million from the sale to reduce its debt, as it continues to simplify its portfolio and focus on its core businesses. The company’s shares have plunged since questions about its business model first emerged two years ago, when they traded for more than $300 per share.South of the border, U.S. stocks pushed further into record territory on Wall Street.The S&P 500 index edged up 9.30 points to 2,519.36 and the Nasdaq composite index advanced 42.51 points to 6,495.96 — new highs for both indices. Meanwhile, the Dow Jones industrial average added 23.89 points to 22,405.09.In U.S. economic news, a Commerce Department report released Friday showed consumer spending inched up 0.1 per cent in August, and wages and salaries were unchanged. That could be a hint third-quarter economic growth will be weaker.In commodities, the November crude contract was up 11 cents to US$51.67 per barrel while the November natural gas contract lost a penny to US$3.01 per mmBTU.The December gold contract gave back $3.90 to US$1,284.80 an ounce and the December copper contract retreated three cents to US$2.96 a pound.Follow @DaveHTO on Twitter.
TORONTO – Barrick Gold Corp. says it expects to take a US$429-million charge following an order by the Chilean government to close all surface facilities at its troubled Pascua-Lama project high in the Andes mountains.The gold miner says it is reclassifying Pascua-Lama’s 14 million ounces of proven and probable gold reserves, which are based on an open pit mine plan, as measured and indicated resources.Barrick is studying the potential of developing Pascua-Lama as an underground mining operation, rather than an open pit.It says the change would address a number of concerns by reducing the overall environmental impacts.The project, which straddles the Chile-Argentina border, has been criticized for threatening water supplies and glaciers.Barrick says it will provide a further update on the Pascua-Lama project at the company’s investor day on Feb. 22.Companies in this story: (TSX:ABX)
Paris: Former world number one Roger Federer has returned to third in the ATP rankings released Monday, replacing Alexander Zverev after the reigning champion was knocked out of the Munich Open at the quarter-finals stage. Federer, who has won a record 20 Grand Slams, is making his return to clay at the Madrid Open this week after three years’ absence. Elsewhere Stefanos Tsitsipas takes ninth spot from American John Isner following the Greek’s victory at the Estoril Open. Novak Djokovic remains first ahead of Rafael Nadal to mark the Serb’s 250th week as world number one, a record only bettered on four occasions in the past.
Rabat- American Magazine published its list of the best countries for business in 2013. According to the list, which was published last December, Morocco ranks 78th worldwide for doing business. Morocco ranks second country in the North Africa behind Tunisia, which ranked 77. In the Arab world, Morocco is ranked 9th after the United Arab Emirates (30th), Qatar (40th), Saudi Arabia (56), Oman (58), Bahrain (59), Jordan (65), Kuwait (76) and Tunisia (77). Algeria ranked 131, while Libya ranked 136.Ireland tops the list of best countries for business followed by New Zealand, Hong Kong, Denmark, Sweden, Finland, Singapore, Canada, Norway and the Netherlands. The American famous magazine based its assessment on data made public by a number of think tanks and international organizations, such as the Freedom House, the Heritage Foundation, the Property Rights Alliance, Transparency International, the World Bank and the World Economic Forum.© Morocco World News. All Rights Reserved. This material may not be published, rewritten or redistributed
OSU sophomore forward Lindsay Agnew (20) throws the ball into play Oct. 24 in a match against Iowa at Jesse Owens Memorial Stadium. OSU lost, 2-1. Credit: Regina Bonfiglio / Lantern photographerWhile trying to keep its hopes of making the Big Ten Tournament alive, the Ohio State women’s soccer team fell to Iowa, but bounced back against Nebraska.The Buckeyes (6-9-3, 3-6-3) and Cornhuskers (7-9-2, 3-7-2) played to a scoreless first half on Sunday before OSU broke through with three goals in the second.Before the barrage of goals, OSU entered halftime with a 4-1 lead in shots and 2-1 lead in shots on goal. Coach Lori Walker said the team contained the Cornhuskers’ offense through teamwork.“Everything for us recently has just been about taking care of ourselves and not giving away opportunities for other teams to capitalize on,” Walker said. “You do that by playing together and playing as a united group.”Things picked up in the second half when Nebraska senior forward Mayme Conroy scored the first goal of the game off an assist from junior defender Jaylyn Odermann to give Nebraska a 1-0 lead in the 57th minute.The Buckeyes responded in the 76th minute when a cross from sophomore forward Nichelle Prince allowed freshman forward Sammy Edwards to tie the game.OSU went ahead in the 87th minute after freshman midfielder Nikki Walts nailed a 22-yard shot. The Buckeyes cemented the victory after Prince finished a breakaway into an empty net in the 90th minute to give OSU the 3-1 win.The Buckeyes outshot Nebraska, 25-7, in the game.Senior midfielder Ellyn Gruber said the Cornhuskers’ style of play was a challenge but OSU was able to match it.“They were very physical and very aggressive,” Gruber said. “I think we handled that aggression very well and played physical right back.”Walker praised the team’s ability to respond after giving up a goal in the second half. “If anyone has had the best training in adversity this season, it’s been our squad,” Walker said. “We got down and were able to pick ourselves back up.” The win was the first for the Buckeyes since defeating Northwestern on Sept. 28. OSU had gone 0-3-3 since that game. Prince said getting the win felt like the culmination of the stretch. “We’ve been on a very long journey,” Prince said. “We’ve been working really hard and it’s been hard to get results, but we’ve pushed through and haven’t given up yet.”It was a different story when the Buckeyes played Iowa on Friday. The Hawkeyes took the early lead after senior forward Cloe Lacasse put a header in the back of the OSU net in the fifth minute. The rest of the first half remained quiet as the Hawkeyes took a 1-0 lead into halftime. Iowa scored again, as a free kick from senior defender Melanie Pickert doubled the lead in the 80th minute. OSU got on the board in the 86th minute after Prince converted off an assist from sophomore forward Taylor Schissler. The Buckeyes weren’t able to tie it up, giving Iowa the 2-1 win.The Buckeyes are scheduled to play their final game of the regular season against Rutgers on Friday at 7 p.m. at Jesse Owens Memorial Stadium.
Ohio State junior Noah West (8) runs towards third base as he scores the first run of the game against the Lipscomb Bison on March 15, 2019 at Bill Davis Stadium. Credit: Sal Marandino | For The LanternOhio State junior shortstop Noah West will be sidelined with a season-ending knee injury, head coach Greg Beals announced Thursday. West had been a late scratch from Tuesday’s lineup against Northern Kentucky.“He is going to have surgery next week, and we’ve got to adjust our infield defense accordingly,” Beals said. The adjustment, according to Beals, will be to move freshman third baseman Zach Dezenzo over to shortstop, which is where he played Thursday. This will open up the door for freshman infielder Nick Erwin and freshman infielder Marcus Ernst to receive playing time at third base. West was hitting .284 on the season with 9 RBIs.
Liverpool made it to the Champions League final this season and it is considered to be a huge success for the whole English football – and Gareth Southgate believes that it will lift the national team as well.The Albion manager insisted that it is always great to have some experienced players in the squad and thanks to this journey, the Liverpool players were able to gain a lot of experience which they can now use while representing their country.Southgate spoke about this Liverpool’s success as he said, according to Independent:“I think it is big.”Report: Origi cause Klopp injury concerns George Patchias – September 14, 2019 Divock Origi injury in today’s game against Newcastle is a cause for concern for Jurgen Klopp.Perhaps with one eye on Tuesday’s trip to Italy…“We want our players to be playing in those big matches and the experience for the likes of Henderson, Alex Oxlade-Chamberlain, Lallana and Trent in the last few months of playing in those matches that matter.”“It was the same for the Spurs boys and Man City boys – you want them in those big-match environments.”“You want them to experience winning things because then they know what it has taken, the commitment that is needed and the mindset that is needed and that hurdles can be overcome and they have gained belief from being in those performances.”
An investigation showed Delumeau had forced entry into the house, threw the female to the ground, strangled and punched her. Delumeau fled the residence in a vehicle prior to Trooper arrival. Facebook0TwitterEmailPrintFriendly分享Anchorage Police have arrested a man after he reportedly assaulted and strangled a woman in Anchor Point on April 19. The female was transported to the South Peninsula Hospital for treatment. A warrant was requested and granted for Delumeau’s arrest. Delumeau was arrested on April 23 by Anchorage Police and remanded into the Anchorage Jail. According to an online Trooper Dispatch, Troopers responded to a report of an assault at a residence on Stovall Ave in Anchor Point. A female reported Patrick Delumeau, 26 of Anchorage, had kicked in the door to the house and assaulted her.
Popular on Variety Rice, 53, is a controversial political figure. Conservatives have criticized her over her initial comments about the September 2012 terrorist attack on the U.S. consulate in Benghazi, Libya, that left four Americans dead, which she called “spontaneous.” Critics have accused her of lying and trying to downplay the premeditated nature of the attack. In addition, it emerged last year that as Obama’s national security adviser, Rice in 2016 had requested to “unmask” the identities of certain Americans identified in intelligence reports who had been intercepted speaking with foreign sources — and were linked to Donald Trump’s campaign and presidential transition team.Rice’s appointment increases the number of Netflix’s board members to 11 — and she becomes the company’s fourth female board member. In January, Netflix named Rodolphe Belmer, former CEO of Canal Plus Group, to the board.The other Netflix directors are: Reed Hastings; Anne Sweeney, former president of Disney-ABC Television Group; Richard Barton, executive chairman of Zillow Group and founder of Expedia; A. George (Skip) Battle, former executive chairman of Ask Jeeves and executive at Andersen Consulting; Timothy Haley, managing director at Redpoint Ventures; Jay Hoag, general partner at Technology Crossover Ventures; Leslie Kilgore, former Netflix chief marketing officer; Ann Mather, ex-CFO of Pixar and Village Roadshow Pictures, former Disney exec; and Brad Smith, president and chief legal officer, Microsoft.Rice served as a key adviser to President Obama during his two terms in office. From 2013-17, she headed the National Security Council staff, providing daily national security briefing to President Obama. Before that, she was the U.S. Permanent Representative to the U.N. from 2009-13 and served as a member of Obama’s cabinet.Previously, during President Bill Clinton’s second term, Rice was U.S. Assistant Secretary of State for African Affairs and was a member of the National Security Council staff. She was a senior fellow at the Brookings Institution from 2002-08.Rice began her career as a management consultant with McKinsey and Co. She has served on several boards, including those for the John F. Kennedy Center for the Performing Arts, the Bureau of National Affairs, National Democratic Institute, and the US Fund for UNICEF. The Washington, D.C., native is married to former ABC News executive producer Ian Cameron, and the couple have two children. ×Actors Reveal Their Favorite Disney PrincessesSeveral actors, like Daisy Ridley, Awkwafina, Jeff Goldblum and Gina Rodriguez, reveal their favorite Disney princesses. Rapunzel, Mulan, Ariel,Tiana, Sleeping Beauty and Jasmine all got some love from the Disney stars.More VideosVolume 0%Press shift question mark to access a list of keyboard shortcutsKeyboard Shortcutsplay/pauseincrease volumedecrease volumeseek forwardsseek backwardstoggle captionstoggle fullscreenmute/unmuteseek to %SPACE↑↓→←cfm0-9Next UpJennifer Lopez Shares How She Became a Mogul04:350.5x1x1.25×1.5x2xLive00:0002:1502:15 Rice’s appointment to the Netflix board was effective March 26. She has not yet been appointed to serve on any board committees. Netflix appointed Susan Rice, former U.S. national security adviser and ambassador to the United Nations during the Obama administration, to its board of directors.Rice currently is a distinguished visiting research fellow at American University’s School of International Service, as well as a senior fellow at the Belfer Center for Science and International Affairs at Harvard’s Kennedy School of Government.“We are delighted to welcome Ambassador Rice to the Netflix board,” Netflix chairman and CEO Reed Hastings said in a statement. “For decades, she has tackled difficult, complex global issues with intelligence, integrity and insight and we look forward to benefiting from her experience and wisdom.”Rice commented, “I am thrilled to be joining the board of directors of Netflix, a cutting-edge company whose leadership, high-quality productions, and unique culture I deeply admire.”
The winner of the prestigious TERI under Project Search Phase V award were announced on 28 April where Chiranjiv Bharati School, Sushant Lok bagged first prize for best performing school in various activities throughout the year 2013-14 transition campaign – Inspire.Anushyas Kumar was selected as the fifth Tetrapak Ambassador and Ananyaq Veearun as STEP member. There are about 200 schools across the country who are part of this project. The first award was given by Jaideep Gokhale, communication director, Tetra Pak, South Asia Markets and the management award was given by Praveen, Environment Manager, Tetrapak, South Asia Markets.School Management was also awarded the Search Pillar Award for its continuous support towards working for the environment cause and sensitizing the community about the same.
CFPB Clarifies Rule on Mortgage Heirs Ability to Repay Consumer Financial Protection Bureau Regulations 2014-07-10 Derek Templeton The Consumer Financial Protection Bureau (CFPB) issued guidance this week aimed at making it easier for surviving family members who have inherited a property due the death of a loved one to be added to the mortgage, allowing them to seek modification or refinance.Specifically, the bureau ruled that the heir may be added to the mortgage without triggering the CFPB’s Ability to Repay rule.”Losing a loved one should not mean also losing your home. Today’s interpretive rule makes it clear that when family members inherit property, they can take over the mortgage without jumping through unnecessary hoops,” said CFPB Director Richard Cordray. “This gives heirs an opportunity to work with the lender to pay off the loan or seek a loan modification.”The Ability to Pay Rule took effect in January of 2014 and requires lenders to make a good faith effort to ensure that the borrower is actually has the ability to make payments on the loan that they are applying for. The rule purports to ward off predatory lending practices.The change allows the lender to recognize the heir as the borrower without considering their creditworthiness. The rationale the CFPB cites is that the change will allow more heirs to stay in their new homes because it gives them the legitimacy of being a borrower and gives them the same rights that the now deceased mortgagor previously held. The more legitimate status makes it more likely that the mortgage holder will grant a modification.The rule does not obligate the lender to add the surviving family member to the mortgage but allows them leeway to do so when it would prevent the loan from going into default. Share July 10, 2014 580 Views in Daily Dose, Government, Headlines, News
The HbbTV Association and the French HD Forum will run a symposium for the HbbTV community in Paris next week. The event, HbbTV in Action, will feature experts from across the world discussing the latest HbbTV accomplishments on a broad range of topics, according to the group.The symposium will take place at the Espace Landowski, in Boulogne-Billancourt, Paris from October 8-9. Panel sessions will include a hybrid TV countries review and sessions on smart TVs, opoerator boxes, the HbbTV roadmap, HbbTV in the pay TV world and ways of increasing consumer awareness.“HbbTV has grown from a European initiative to a worldwide standard. We are pleased with the quality and calibre of the organizations coming from all over Europe as well as from Africa and Australia. It is a reflection of the growing international momentum and interest in HbbTV,” said Klaus Illgner, HbbTV chairman, and Regis Saint Girons, president of the French HD Forum.“One of the key objectives of the HbbTV Association is to bring the latest in hybrid TV services to broadcasters and operators across the world. This is an exciting opportunity for those following and deploying HbbTV to learn more about HbbTV services, case studies and our technology roadmap.”
It was just another slice off all four precious metal salamis yesterday The gold price got sold down back below $1,200 the ounce in two smallish bouts of selling during the Thursday trading session in the Far East, with the Hong Kong low coming shortly before 2 p.m. local time. The subsequent rally back above $1,200 spot got capped at the 8:20 a.m. EDT COMEX open—and by the London p.m. gold fix, the price was back in the box. After that, the price didn’t do much, although the low tick came at a spike down about twenty minutes before the COMEX close. The high and low were reported by the CME Group as $1,203.30 and $1,192.40 in the June contract. Gold closed in New York yesterday afternoon at $1,193.50 spot, down another $8.70—as JPMorgan et al continue to slice the salami to the downside. Net volume was on the lighter side once again at 110,000 contracts, the same as Wednesday’s volume. The chart pattern for silver was more or less the same as the gold chart, expect the spike low came about 10:20 a.m. EDT. The silver price didn’t do much for the remainder of the day. The high and low were reported as $16.51 and $16.105 in the May contract. Silver finished the Thursday session at $16.15 spot, down another 36 cents. Net volume was 31,000 contracts, a few thousand contracts less than Wednesday’s volume. The dollar index closed late on Wednesday afternoon in New York at 98.06—and had almost a 40 basis point up/down rally that ended around unchanged at 8 a.m. EDT. Then away it went to the upside, before topping out at roughly 99.17 sometime around 3 p.m. After that it slid a bit into the close, which was recorded as 98.98 by the folks over at ino.com. The index finished the Thursday session up 92 basis points, but was up over 100 basis points at its high. The platinum price chart looked like a carbon copy of the the other two precious metals—and it was closed on Thursday at $1,154 spot, down another 11 dollars. And as I write this paragraph, the London open is twenty minutes away. The gold price, which had rallied a few dollars in Far East trading, is now back to unchanged—and silver is currently up a dime. Platinum is up 7 dollars—and palladium is basically unchanged. Net gold volume is a bit under 12,000 contracts—and silver’s net volume is just under 4,400 contracts. The dollar index, which had been quietly trending lower during Friday trading in the Far East, popped into positive territory and back above 99.00—and is now up a magnificent 5 basis points. Today we get the latest Commitment of Traders Report, along with the April Bank Participation Report—and I’ll be more than interested in what they have to show. It will also give Ted Butler the opportunity to recalibrate JPMorgan’s short-side corner in the COMEX silver market—and I’ll have all of that for you in tomorrow’s column. I was just rereading Ted’s quote above—and I must admit that it is discouraging to know that the precious metal mining companies have become silent co-conspirators in the precious metal price management scheme. And as I’ve said countless time in the past, they have totally abrogated their fiduciary responsibilities to their respective shareholders—and no appeal, no matter how reasoned, will make them budge. Not only don’t they want to talk about it, almost all of their respective I.R. people actually try to blow you off the moment you broach the subject with them. Some of them have admitted to me in private that they’re fully aware of what’s happening, but will deny everything if they have to discuss it in the public domain. How did it come to this? If you haven’t tried your luck, phone the Investor Relations department of any silver company you own stock in—and see what happens when you start asking questions about this issue. Most companies have a 1-800 number, so the call is free. And as I send today’s effort off into cyberspace at 5:20 a.m. EDT, I note that after trading basically sideways through all of Far East trading—and the first hour in London—all four metals popped a bit higher starting at 9:00 a.m. British Summer Time [BST]. At the moment, gold is up eight bucks—and back above $1,200 spot. Silver is up just under 30 cents, platinum is up 13 dollars—and palladium is up half that amount. The dollar index is now up 40 basis points. Not surprisingly, volumes have blow out as well, with gold’s net volume now north of 36,000 contracts—and silver’s net volume around the 9,600 contract mark. It’s obvious that JPMorgan et al are going short or selling longs aggressively into this rally—and if they keep it up, these rallies won’t last long. But as I said further up, there’s always the possibility of a countertrend rally because the current COT structure isn’t all that bad in either silver or gold at the moment. But I also said that how high these rallies go—and how fast they get there—will be entire dependent on what “da boyz” do as these rallies unfold. And using current volume levels as a precursor, they’re already doomed. However, since today is Friday, nothing will surprise me as far as price action is concerned—and I await the 8:20 a.m. COMEX open with great interest. Enjoy your weekend, or what’s left of it if you live west of the International Date Line—and I’ll see you here tomorrow. Opt Out! Tired of being saddled with higher taxes to help pay for the government’s reckless spending? Make sure you and your savings have diplomatic immunity from a government hell-bent on bankrupting the nation—and everyone in it. Whether it’s opening an offshore bank or brokerage account, owning physical gold in Singapore or Switzerland, or setting up a foreign company to hold your investments, low-cost solutions are within everyone’s reach. You don’t even have to leave your living room to do it. Find out how to take advantage of this strategy before the government outlaws it too (they’re already working on it). The chart pattern for the silver equities was virtually the same, complete with the 1 p.m. EDT sell off. But the silver stocks never saw positive territory at all on Thursday, even though they came close a time or two—and Nick Laird’s Intraday Silver Sentiment Index closed down 0.47 percent. The CME Daily Delivery Report was a big surprise, as it showed that zero gold and zero silver contracts were posted for delivery within the COMEX-approved depositories on Monday. I made a reporting mistake in yesterday’s Daily Delivery Report. I said that JPMorgan stopped 97 silver contracts of the 114 issued. In actual fact it was Canada’s Scotiabank that stopped those 97 contracts, not JPM—and I thank Ted Butler for pointing out the error of my ways. The CME Preliminary Report for the Thursday trading session showed that gold open interest in April continues to decline, as it dropped another 269 contracts—and is now down to 2,462 contracts left open. Silver’s April o.i. also declined, but only by 15 contracts—and now stands at 170 contracts. I’m still wondering what the short/issuers in gold are waiting for—and who them might be when they finally do put in an appearance. Much to my surprise, there was a deposit made in GLD yesterday, as an authorized participant added 95,951 troy ounces. Based on past price action, it may have been deposited to cover an existing short position. And as of 9:54 p.m. EDT yesterday evening, there were no reported changes in SLV. Since yesterday was Thursday, Joshua Gibbons, the Guru of the SLV Bar List, updated his website with what was going on at the iShares.com Internet site as of the close of business on Wednesday—and here’s what he had to say. “Analysis of the 08 April 2015 bar list, and comparison to the previous week’s list: 2,047,974.7 troy ounces were removed (almost all from Brinks London), no bars were added or had serial number changes.“ “The bars removed were from: Russian State Refineries (0.6M oz), Kazakhmys (0.6M oz), KGHM (0.3M oz), Solar Applied Materials (0.3M oz), and 7 others.“ “As of the time that the bar list was produced, it was overallocated 1,062.9 oz. All daily changes are reflected on the bar list.“ There was no sales report from the U.S. Mint yesterday. It was another day of very little action in gold at the COMEX-approved depositories on Wednesday, as 4 kilobars were reported received—and 3 kilobars were shipped out. But it was a totally different story in silver once again, as a monstrous 1,883,054 troy ounces were reported received—and an equally monstrous 1,748,030 troy ounces were shipped out the door. JPMorgan added another 1.28 million troy ounces to their already impressive inventories of that metal. And as Ted said on the phone yesterday, the activity of the last two days has certainly been associated with the silver deliveries that occurred during the March delivery month—and the promised metal is now on the move. The link to that action is here—and it’s definitely worth a look. It was another busy in/out day at Brink’s, Inc. in their COMEX-approved warehouse in Hong Kong, as 3,000 kilobars were reported received—and 6,134 kilobars were shipped out. The link to that activity in troy ounces is here. Nick sent us a couple of new charts last night. They show India’s gold and silver imports going back to 2008—and they don’t require any further embellishment from me. Nick pointed out that the bars on the charts for the 2015 calendar year represent January imports only. The golds stocks opened down—and hit their low ticks minutes later, before rallying back to unchanged. They were a hair into positive territory, but that changed at precisely 1 p.m. EDT when they got sold down for an hour or so, before rallying a bit into the close. The HUI finished down 0.55 percent, which wasn’t bad considering the price action. Palladium’s price chart was a mini version of the platinum chart, although the rally that began in that metal shortly after 2 p.m. Hong Kong time, it didn’t get its comeuppance from “da boyz” until minutes after 9:00 a.m. EDT. After that it also traded flat into the close of electronic trading. It was the only precious metal to close up on the day at $761 spot—a gain of 7 bucks. It was another fairly slow news day yesterday—and the pickings were reasonably slim, but I hope you find a few that interest you. The combination of JPMorgan taking delivery of a large amount of physical silver long after my speculation that it was doing so, plus the ill-timed manipulation charges against Kraft gave me, I believe, the rope of specificity to hang these crooks. And barring any legitimate explanation by either the CFTC, JPMorgan or the CME, all must be considered illegitimate and corrupt. Although I become weary at how blatant and obnoxious the roles all three principal participants in the silver manipulation have become, I think I am made wearier by the lack of involvement by some fellow commentators (certainly not all) and, particularly, by the lack of involvement by mining company management. As many of you have suggested to me, you would think the miners would be all over this. So would I. At the same time I fully concede that the COMEX silver manipulation has grown stronger, I also know the resultant effect on silver mining will come in time. While total primary silver mine production has not declined in accordance with the extremely depressed price, that is due to the long lead times necessary to open and close a silver mine. One thing for certain is that silver exploration has taken it on the chin and we are delaying future mine production and creating gaps in the time and quantity of future mine supplies. One would think that this would be obvious to every mining manager and that they would be responding to the one specific cause of low price – futures contract positioning on the COMEX. I believe an important opportunity has been presented to mine managers by the double standard demonstrated by the CFTC in the Kraft wheat case; but if they don’t petition the agency, the opportunity is lost. – Silver analyst Ted Butler: 08 April 2015 Well, dear reader, it was just another slice off all four precious metal salamis yesterday, as JPMorgan et al do their thing once again. The only question remaining is; will these slices be thin—and over a long period of time, or will they take a meat cleaver to it—and do it in a couple of large chunks? I don’t know—and neither does anyone else. But, having said that, the internal COT structure is still pretty bullish in gold—and silver’s COT number are market neutral, so there certainly could be a countertrend rally at some point, but that will only occur if “da boyz” allow it. And how those rallies might go is entirely up to them as well. Here are the charts for all four precious metals, so you can see the latest slices for yourself.
Louis James will speak at the 2015 Sprott-Stansberry Natural Resource Symposium, to be held at the Fairmont Hotel in Vancouver, BC, from July 28–31. With our own Casey summit not held until October, this will be a great opportunity for readers, investors, and others to come and pick Louis’ brain on the latest in our sector. He always takes time to answer questions from the audience and enjoys meeting readers. Eric Sprott, Rick Rule, Doug Casey, and a host of other top experts in the natural resource sector will be there, of course. Please do join us at the symposium, if you can make it. Click here for all the details. Note: Early-bird pricing saves you $300, but only if you book before May 1.
Growing Pains Mark Karpelès was the CEO of Mt. Gox, what was once a major bitcoin exchange. He got into the business in 2011 and built it up to become the largest bitcoin exchange in the world. At its height in 2013, it was processing 70% of all bitcoin transactions. And that’s when the troubles began. You see, Mt. Gox had issues with regulators that affected its partnerships and its customers as well. Mt. Gox ended up suspending or freezing many customer accounts. Mt. Gox halted withdrawals on several occasions. But it also repeatedly said that it would resume normal operations in short time. That never happened. And on February 28, 2014, the company filed for bankruptcy and closed its website. While many are familiar with the Mt. Gox story, what most people don’t realize is that Mt. Gox was based in Tokyo. And ever since then, the Japanese have associated bitcoin with Mt. Gox. That’s why it’s so surprising that Japan has become the first country to recognize bitcoin as a legal method of payment. Rewriting Bitcoin’s Future Ironically, it was the Mt. Gox debacle of 2014 that led to the new Japanese payment law today. The event triggered an intense debate between financial authorities and the cryptocurrency industry. And Japan’s Financial System Council got to work drafting new legislation. By December 2015, it was ready for review. The National Diet (the lower and the upper houses of Japan’s legislature) approved the bill in late May 2016. On April 1, 2017, the law went into effect. Justin’s note: Today, we’re handing the Dispatch over to our good friend Greg Wilson, analyst for The Palm Beach Letter. Greg is an expert on cryptocurrencies. Over the past year, he’s helped uncover some of the biggest stories in the sector. Below, he explains why we’re about to see an explosion in bitcoin… By Greg Wilson, analyst, The Palm Beach Letter On August 1, 2015, the Tokyo Metropolitan Police Department arrested Mark Karpelès, the CEO of a major financial exchange. The police accused Karpelès of embezzling $350 million. Believe it or not, this arrest led to the biggest bitcoin breakthrough no one is talking about today. You see, on April 1, a new payments law went into effect in Japan. And what’s significant about the law is that it recognizes bitcoin as a legal method of payment. Let me repeat: Japan now recognizes bitcoin as a legal method of payment. This is huge news. And it’s getting almost no play in the media. Tonight Only: Free Cryptocurrency Q&A and $100 Bitcoin Giveaway Former hedge fund manager Teeka Tiwari has been flooded with questions about cryptocurrencies. As a free service, he’s answering your questions during a live Q&A tonight, and giving everyone who attends the chance to claim $100 of actual Bitcoin. He can’t give personalized investment advice, but he’ll answer any general questions you have. Bookmark this link and join Teeka’s LIVE event tonight at 8pm (ET) sharp. — This weird liquid is Trump’s golden ticket (VIDEO) You see the mysterious red fluid in the image at left? If this new research is correct, it’s going to make Donald Trump the #1 U.S. president of all time… In everyone’s eyes — even Hillary’s. The thing is, the mainstream media hates the fact that this substance could cement Trump’s greatness for the ages… That’s why you’ve never heard anything about it! But take heart — because we’re breaking this shocking story RIGHT HERE. This Is Huge News This is a big event for Japan. And an even bigger event for the world at large. First, it’s going to cause a bitcoin explosion in Japan. Right now, roughly 5,000 merchants accept bitcoin in Japan. Because of this new law, that number is about to explode. You see, AirREGI, the point-of-sale application for the Japanese retail conglomerate Recruit Holdings, will soon add bitcoin payments. AirREGI is used by over 260,000 retail locations. What’s more is that AirREGI is compatible with Chinese e-commerce giant Alibaba’s Alipay. So the millions of Chinese tourists who go to Japan every year will be able to use bitcoin. Bic Camera has added bitcoin payments as well. It’s a huge electronics retailer, like the Best Buy of Japan. And folks are already making purchases with bitcoin. You can check out a customer paying with bitcoin at Bic Camera here. Japan’s largest internet service provider, the GMO Internet Group, is getting in on the game, too. It’s already an investor in Japan’s largest bitcoin exchange, bitFlyer. And now it plans on developing a wallet service to bring bitcoin to all of Japan. And let’s not forget that Japan will be hosting the 2020 Summer Olympics. It’s the type of event that could put bitcoin in the international spotlight. In other words, Japan’s new law is huge. It legitimizes bitcoin in an international way. Recommended Link Recommended Link — Japan is a developed, technologically advanced country. It’s the third-largest economy in the world. And the Japanese yen is the second most liquid market globally. Why is this important? I believe this is the start of a trend that will see bitcoin legitimized around the world. Japan is setting a precedent for the whole world to see. And I expect other countries to follow suit. So what should you do to profit from this trend? You absolutely need to get into bitcoin. Otherwise, you risk being left behind. Think of it this way. If the financial world is the Empire State Building, bitcoin is just a pebble on the sidewalk. But that’s not going to last. We recommend you use the Abra exchange to buy bitcoin. You can watch my free instructional video to learn how to set up your own account. Regards, Greg Wilson Analyst, The Palm Beach Letter P.S. My colleague Teeka Tiwari and I have spent the last year diving deep into the cryptocurrency markets. We’ve uncovered some of the biggest stories in the industry. And we’ve shared huge money-making opportunities with our readers—our recommendations have shot up as much as 199%, 206%, 286%, and even 509% in as little as 13 days. Tonight at 8 p.m. ET, Teeka is doing something he’s never done before… He’s holding a free cryptocurrency question-and-answer session where you’ll learn everything you need to know about this fast-growing sector. If you’re interested, you can submit your questions and register to watch the Q&A session right here. But you must act soon… Anyone who signs up for his service by midnight will receive $100 in bitcoin.
Justin’s note: Today, Doug’s longtime friend and colleague Bill Bonner provides an update on what’s going on in Washington…and paints an ugly picture for what’s to come. He also shares his thoughts on the recent surge in cryptocurrencies… By Bill Bonner, chairman, Bonner & Partners “Do you still have that physical bitcoin I gave you?” A couple of years ago, a friend gave us a physical bitcoin, suggesting we should take an interest in cryptocurrencies. “I hope you didn’t lose it. That coin is now a collector’s item. It sells for more than $10,000 on eBay.” We searched high and low. We couldn’t find it. Did we give it to our grandson? Did it end up in the laundry? Did we give it to a porter as a tip? It must be somewhere. We’ll keep looking. Back in the Game Bitcoin is back. Here’s Forbes: They’re ba-aa-ack. Whether it’s the Chinese, or the Koreans, or the Russians or us Americans is anybody’s guess at this moment, but what it looks like for a few cryptocurrency players out there is that the Chinese have found a new way to get back into the game. Last month, China banned initial coin offerings (ICOs) – a way crypto ventures raise capital – and crypto exchanges, websites that allow you to exchange your government fiat currency for cryptocurrencies. It looked to many as though it was the end of the road for bitcoin. The bitcoin price fell to $3,200 from its all-time high of $5,000. Now, it’s back over $4,100. Strange website could let you earn $860+ a WEEK! Did you see this strange website sweeping across America? A growing number of retirees are using it to invest in a little-known market of 900+ companies. And they’re collecting gains unlike anything we’ve seen in the traditional stock market in decades. It’s free to join. There’s no hassle. And over 33,000 users are signing up every day. And the crazy part? Some have collected $860 or more a month! Simply by trading tiny $0.01 plays… Check it out here… Recommended Link Recommended Link And last week, Japan – the main beneficiary of China’s clampdown – approved 11 cryptocurrency exchanges. Money talks, and it’s hard to argue with people who are getting rich. For instance, subscribers of Palm Beach Confidential, one of the advisory services from the Palm Beach Research Group, have had the chance to strike it rich on recommendations from colleague Teeka Tiwari. Last April, after it had just launched, Teeka recommended what’s now the world’s second most valuable crypto asset. Then, it was about $9. Now, it’s over $300. And in February, he recommended one of the hottest Chinese crypto ventures. It was 12 cents at the time. Today, it’s selling for more than $32. Let’s see… if you’d invested $1,000, you’d have more than $250,000 now. Finally, we checked with our son Will, the Bonner family’s in-house cryptocurrency enthusiast. A while back, he urged us to speculate with some of the family money in the crypto casino. “We’re up about 85% since we invested in June,” Will reported back. Novelty Tech Will is more open-minded than we are. He likes technology… and believes it will improve the future. We’re not so sure. The last tech innovation that clearly improved our lives was air conditioning, invented by American engineer Willis Carrier in 1902. When we could finally afford it, in 1990, it made the Maryland summers much more agreeable. Penicillin, discovered by Scottish scientist Alexander Fleming in 1928, was a big help, too; it saved our lives when we had pneumonia in 1954. As for the rest, we could take them or leave them. And cryptocurrencies? As far as we’re concerned, they’re still a novelty… and, as money, still unproven. So, we do not advise following our example. Not unless you can lose your money but keep your sense of humor. Is the Final Collapse of the U.S. Dollar Underway? As the Dow continues to hit record highs, the U.S. dollar is off to its worst start since 1985—down 9% this year. What does it mean for investors? Doug Casey has a unique take on the situation. For full details, click here. — Party of Trump Speaking of a sense of humor… As expected, Trumpismo is shaping up to be a third political force. Reports The New York Times: [Steve Bannon] and [billionaire hedge-fund manager Robert] Mercer began hashing out a rough outline for a “shadow party” that would advance Mr. Trump’s America First agenda – even if Mr. Trump himself strayed from it – during a five-hour meeting last month at the family’s Long Island estate a couple of days before Mr. Bannon’s resignation from the White House. […] Bannon and the Mercers also stand out as more pugilistic in their tactics and ideology, bonding less over a shared cohesive political ideology than over a desire to disrupt the political establishment – the Republican establishment in particular. When Team Trump’s tax reform push fails, they are going to need someone to blame. They won’t blame themselves, of course. Neither for being unable to come up with a plan their party could fully support… nor for misleading the public by offering to do something they couldn’t do (pass a major tax reform)… nor for even greater deceit of promising something that no one could ever do (boosting real growth by cutting taxes without also cutting spending). Unless the feds cut spending, a tax cut is a fraud. When the tax reform measure fails, what will its supporters do? Always here to help, we suggest the Trumpistas in Washington “fall upon their swords,” like Cato the Younger… or open their bellies with a knife, like the last true samurai, Saigō Takamori. Instead, they’ll blame the Republican leadership in Congress. Which is all right with us, too. House Republicans are mostly swamp critters. Devil in the Detail Whatever comes of it, the proposed tax cuts won’t help the middle class or the economy. The Deep State controls the feds… and most emphatically, it controls the details of tax policies. It doesn’t matter what the news headlines report… or what POTUS tweets… The devil in those details will make sure that the swamp gets more, not less, of the nation’s wealth. Mr. Trump calls his tax proposal a “miracle for the middle class.” Yes, it would be a miracle if it passed. And it would be another miracle – like turning base metal into gold – if it did anything for the middle class. Our friend and budget advisor to President Reagan, David Stockman, calculates that the typical middle-class family could expect annual tax savings of precisely $5. With that money, you might be able to buy a “Make America Great Again” hat on eBay. Or not. The feds… the swamp… the Deep State… and the Trumpistas in Washington – all are sucking on the economy like leeches. They disguise and delay the damage with their phony reforms… fake money… fraudulent statistics, and flimflam claims. The first crisis will be a crash and a depression. The second – after another massive “stimulus” from the authorities – will be raging, bubbling inflation. Then, those MAGA hats will probably be collector’s items, too… and sell for $1,000 each… …which will be about enough to buy a coffee at Starbucks. Regards, — Bill Bonner Chairman, Bonner & Partners Justin’s note: As Bill says, money talks… And right now, many of our subscribers are striking it rich in cryptos off our colleague Teeka Tiwari’s recommendations. Teeka, as you may know, is one of the world’s leading crypto experts. He’s traveled the world and met with the industry’s top insiders to learn as much as he can about the booming crypto market. And his boots-on-the-ground research is already paying off. In fact, one of Teeka’s crypto plays recently surged 27,166% in just 6 months. That’s a life-changing return. But don’t worry if you haven’t bought cryptos yet. There’s still time to get rich off this boom. You can learn how by enrolling in Teeka’s Bitcoin Millionaire Master Plan. This crash course teaches you everything you need to know about cryptos. Click here to get started.
When Netflix’s 13 Reasons Why was released two years ago, depicting the life of a teenager who decided to take her own life, educators and psychologists warned the program could lead to copycat suicides. Now, a study funded by the National Institutes of Health shows that those concerns may have been warranted.In the month following the show’s debut in March 2017, there was a 28.9% increase in suicide among Americans ages 10-17, said the study, published Monday in the Journal of the American Academy of Child and Adolescent Psychiatry. The number of suicides was greater than that seen in any single month over the five-year period researchers examined. Over the rest of the year, there were 195 more youth suicides than expected given historical trends. Researchers warn that their study could not prove causation. Some unknown third factor might have been responsible for the increase, they said. Still, citing the strong correlation, they cautioned against exposing children and adolescents to the series.”The results of this study should raise awareness that young people are particularly vulnerable to the media,” study co-author Lisa Horowitz, a staff scientist at the National Institute of Mental Health, said in a statement. “All disciplines, including the media, need to take good care to be constructive and thoughtful about topics that intersect with public health crises.”Lead author Jeff Bridge, a suicide researcher at Nationwide Children’s Hospital in Columbus, told The Associated Press that an additional analysis found the April suicide rate was higher than in the previous 19 years. “The creators of the series intentionally portrayed the suicide of the main character. It was a very graphic depiction of the suicide death,” he said, which can lead to suicidal behavior.The study found that boys were far more likely than girls to kill themselves after the show debuted. Suicide rates for females did increase, but it was not statistically significant. Nor were there any “significant trends” in suicide rates for people 18-64, researchers said.In a statement, a Netflix spokesperson said they had “just seen this study and are looking into the research. “This is a critically important topic and we have worked hard to ensure that we handle this sensitive issue responsibly,” Netflix said, according to The Associated Press.The spokesperson noted that the study conflicts with research published last week out of the University of Pennsylvania. That study found that young adults, ages 18-29, who watched the entire second season of the show “reported declines in suicide ideation and self-harm relative to those who did not watch the show at all.”However, that study found, viewers who stopped watching the second season before the end “exhibited greater suicide risk and less optimism about the future than those who continued to the end.” The results “suggest that a fictional story with a focus on suicidal content can have both harmful and helpful effects,” the authors wrote.When the show debuted, the National Association of School Psychologists issued a warning statement: “We do not recommend that vulnerable youth, especially those who have any degree of suicidal ideation, watch this series. Its powerful storytelling may lead impressionable viewers to romanticize the choices made by the characters and/or develop revenge fantasies,” they said. “Suicide is not a solution to problems.”After the criticism, Netflix added a “viewer warning card” before the first episode. Netflix also added language publicizing the website 13reasonswhy.info, which offers resources for people contemplating suicide. Season 3 of the show is expected to be released this year.If you or someone you know may be considering suicide, contact the National Suicide Prevention Lifeline at 1-800-273-8255 (En Español: 1-888-628-9454; Deaf and Hard of Hearing: 1-800-799-4889) or the Crisis Text Line by texting HOME to 741741. Copyright 2019 NPR. To see more, visit https://www.npr.org.
Organisations that represent disabled people from black and minority ethnic (BME) communities face blatant and widespread discrimination at the hands of local and national government, according to a leading campaigner.Julie Jaye Charles (pictured), chief executive of Equalities National Council (ENC), said she believed the discrimination showed itself through the failure of local and central government to fund organisations like hers.She said: “There is a discriminatory imbalance of power. Discrimination we know is not about calling each other names.“If you feel you are being discriminated against and you see a community is being discriminated against and your organisation is being discriminated against, it’s racism, it’s discrimination, full stop.“I will shout to the rooftops about that, because it’s unfair.”She said she believed that at least 60 small BME disabled people’s organisations had been forced to close because of funding cuts, while she could name only a couple of small, local groups that were still operating: the Disabled Asian Women’s Network and Waltham Forest Black People’s Mental Health Association.She spoke out this week as a House of Lords event – hosted by Baroness Uddin and organised by ENC and the charity Include Me TOO – was set to highlight the problem.Lord [Chris] Holmes, the disabled Tory peer and disability commissioner for the Equality and Human Rights Commission, was due to speak at last night’s (20 July) event.Jaye Charles said she hoped the meeting would provide impetus to set up an all-party parliamentary group on BME disabled people.She said it was time to have the conversation about why BME organisations were struggling for funding, and she said she was “appalled” at what she saw as “openly discrimintory practices”.She said: “It is time for us to have an open discussion on why BME organisations are closing rapidly up and down the country in England and Wales, due to lack of recognition and lack of power to continue to fight their cause for the most vulnerable they serve.”Parmi Dheensa, chief executive of Include Me TOO, said that “substantial resources” had been invested in improving services and support for disabled children and young people and their families.But she said the needs of BME disabled children, young people and families had been “overlooked”, which further increased the difficulties they faced.Jaye Charles pointed to statistics from 2011 which showed there were nearly 900,000 BME disabled people in England, a figure she believes is certain to be an under-estimate, while in her own local authority, Newham, there were nearly 26,000.ENC supports disabled people across housing, employment, further education, social security, health and social care and immigration.They come to ENC, she said, because they don’t have the funding to access legal support and yet cannot afford to feed their families.Last year, after she won a lifetime achievement award for her work with disabled people from BME communities – she set up ENC and first ran it from her front room in 1997, but she hasn’t been paid for her work since 2007 – she said she hoped to set up a food bank just for disabled people and those with long-term health conditions.ENC has been in talks with the food poverty charity The Trussell Trust, and Jaye Charles said she will soon be able to launch the service.Her organisation still receives regular referrals from well-funded organisations that rely on its expertise with BME disabled people, she said, even though ENC has no council funding itself.ENC has just won a Department for Work and Pensions (DWP) contract to help employment and support allowance claimants who are not working well with their Jobcentre Plus offices – which will see them using DWP’s Flexible Support Fund – into jobs through the Work Programme.Jaye Charles said DWP has promised that the project will be rolled out across the country if it proves successful.