Gold rally boosts Toronto stock market

first_img Share this article and your comments with peers on social media April bullion jumped $3.40 to US$1,239.50 an ounce, marking five straight days of gains totalling US$31.20. The precious metal has been performing well, rising well above a mid-December low of US$1,129.80 an ounce, as investors turn to it as a safe haven. On Bay Street, the gold sector led advancers on the S&P/TSX composite index, which gained 55.24 points to 15,554.04. In New York, markets were mostly muted. The Dow Jones industrial average fell 35.95 points to 20,054.34, while the S&P 500 inched higher with an uptick of 1.59 points to 2,294.67. The Nasdaq composite reached another record high of 5,682.45, up 8.23 points. “I think the market just doesn’t know what to think,” said Stephenson of stock indices that haven’t seen much movement one way or another in recent days, following a post-presidential-election surge. He described the market’s mood this week as “weird,” pointing out there’s not much economic data to react to and that the earnings season for U.S. companies is roughly three-quarters finished with no huge news so far. Meanwhile, Trump’s rhetoric and policies continue to create confusion. “There’s a lot of uncertainty, fear and concern that maybe his pro-business agenda is very much secondary,” Stephenson said. And it’s not clear when or if Trump will lower taxes and reduce regulations for businesses as he promised during the election campaign. “In fact, what we’re hearing about is Ivanka Trump’s, you know, crappy clothing line being dropped by Nordstrom’s. We’re hearing about an immigration ban from seven countries,” Stephenson said. “And so, we’re hearing about things that aren’t very germane to business.” Global events, like France’s upcoming presidential election, are adding to the incertitude. If Marine Le Pen, president of the National Front, wins the election the market will react very negatively, said Stephenson. The leader of the far-right party, who has made her anti-immigrant and anti-European stance clear, makes bolder statements than Trump, he said. As the markets pause, the U.S. dollar has been under pressure as some believe the greenback’s strengthened too much lately. That was good news for the loonie Wednesday, which snapped its three-day fall, rising 0.07 of a U.S. cent to US76.02¢. Elsewhere in commodities, the March crude oil contract rose US17¢ to US$52.34 per barrel, March copper gained about US3.5¢ to around US$2.67 a pound, and March natural gas was relatively unchanged at about US$3.13 per mmBTU. The price of gold continued its streak as global uncertainty and U.S. President Donald Trump’s policies and comments continued to befuddle markets. “Gold tends to work when the market isn’t working,” said John Stephenson, president and CEO of Stephenson & Co. Related news Toronto stock market dips on weakness in the energy and financials sectors TSX gets lift from financials, U.S. markets rise to highest since Marchcenter_img S&P/TSX composite hits highest close since March on strength of financials sector Aleksandra Sagan Keywords Marketwatch Facebook LinkedIn Twitterlast_img read more

Labor backs Tasmanian fishers

first_imgLabor backs Tasmanian fishers Tasmanian LaborNo new taxes or levies on recreational fishingEast Coast Rock Lobster access review and commercial net fishing licence buyback Labor is working for Tasmanians to deliver healthy, active and better-connected communitiesA majority Labor Government will back Tasmanian fishers.Shadow Minister for Primary Industries, Fisheries and Water Shane Broad said Labor will stand up for the right of Tasmanians to enjoy catching fish, with a number of policies designed to improve the experience of recreational fishers.“Fishing is a large part of the Tasmanian economy and Labor is proud to support recreational fishers and ensure access to Tasmania’s iconic coastal waters and estuaries,” Dr Broad said.“Labor will not introduce any new taxes or levies on recreational fishing and we will invest $2 million in better boat ramps and associated facilities.“We will review rock lobster access on the East Coast for recreational fishers in consultation with industry and commit to no further cuts to individual bag, possession limits or season length.“A majority Labor Government will create a $1.5 million fund to buy back commercial net fishing licences. This non-compulsory buy back will aim to increase fish stocks for recreational fishers and allow commercial net fishers to exit the industry if they wish.“We will also invest $750,000 in a Flathead Recovery Plan to make sure future generations don’t miss out on the great Tasmanian tradition of catching a flathead.”Dr Broad said Labor’s Recreational Fishing Package included policies to benefit all recreational fishers.“Labor will provide $1 million for four years for TARFish to provide an independent voice for the recreational fishing sector.“And a majority Labor Government will develop and implement a 10-year recreational sea fishing strategy.“Labor is working for Tasmanians to deliver healthy, active and better-connected communities.”Shane Broad MPShadow Minister for Primary Industries, Fisheries and Water /Public Release. This material comes from the originating organization and may be of a point-in-time nature, edited for clarity, style and length. View in full here. Why?Well, unlike many news organisations, we have no sponsors, no corporate or ideological interests. We don’t put up a paywall – we believe in free access to information of public interest. Media ownership in Australia is one of the most concentrated in the world (Learn more). Since the trend of consolidation is and has historically been upward, fewer and fewer individuals or organizations control increasing shares of the mass media in our country. According to independent assessment, about 98% of the media sector is held by three conglomerates. This tendency is not only totally unacceptable, but also to a degree frightening). Learn more hereWe endeavour to provide the community with real-time access to true unfiltered news firsthand from primary sources. It is a bumpy road with all sorties of difficulties. We can only achieve this goal together. Our website is open to any citizen journalists and organizations who want to contribute, publish high-quality insights or send media releases to improve public access to impartial information. You and we have the right to know, learn, read, hear what and how we deem appropriate.Your support is greatly appreciated. All donations are kept completely private and confidential.Thank you in advance!Tags:boat, Economy, Fisheries, fishing, future, future generation, Government, industry, licence, Minister, recreational fishing, season, Tasmania, Tasmanian Labor, Tassie, voice, Waterlast_img read more

Battle Ground mom says district failed to protect her son after attack at Daybreak School

first_imgBattle Ground mom says district failed to protect her son after attack at Daybreak SchoolPosted by Chris BrownDate: Friday, February 21, 2020in: Newsshare 0 Student used pencils to stab Kelan Jordan in the arm after an argument Surveillance video shows 12-year-old Kelan Jordan being attacked by another student at Daybreak Middle School in Battle Ground. Video courtesy Karah Jordan BATTLE GROUND — The mother of a Battle Ground middle school student is angry after she says the district failed to protect her son following an attack by another student.Karah Jordan (center) says her son Kelan was attacked by another student at Daybreak School in Battle Ground, then she says the district fell short of protecting her son. Photo by Chris BrownKarah Jordan (center) says her son Kelan was attacked by another student at Daybreak School in Battle Ground, then she says the district fell short of protecting her son. Photo by Chris BrownKarah Jordan says her 12-year-old son Kelan ended up with pencil tips lodged in his right arm after the attack that happened near the end of the school day at Daybreak Middle School on Jan. 16.According to Kelan, the attack happened following a disagreement during a game in which he was pretending to write on another student with a marker. Another student confronted him, then left a mark on his shirt, despite being told it was a game.“He got mad, and then after class he just stabbed me,” Kelan told camera footage obtained by Battle Ground Police as part of an assault investigation, and shared with Clark County Today, shows Kelan being followed around in a hallway by the other student. Kelan says he was trying to keep tables and chairs in-between himself and the aggressor, but at some point the other student caught up, throwing a punch and then stabbing Kelan in his left arm with two pencils before running away.Kelan Jordan’s shirt shows pencil marks where another student stabbed him after class. Photo courtesy Karah JordanKelan Jordan’s shirt shows pencil marks where another student stabbed him after class. Photo courtesy Karah JordanA teacher can be seen coming into the hallways shortly after the confrontation, but appeared not to be aware of the confrontation.Kelan says he didn’t tell any adults at the school after the attack, but told his dad when he got home. After Karah got home, she says they went to Kelan’s doctor, who said he had graphite lodged in his arm. She was able to get a small piece out, but would have had to numb the area to remove the rest, which Kelan declined to have done.“She said that we’ll just wait until it makes its way out,” says mom.The attack left Kelan Jordan with two puncture wounds in his left arm. One still has a pencil tip embedded under the skin. Photo courtesy Karah JordanThe attack left Kelan Jordan with two puncture wounds in his left arm. One still has a pencil tip embedded under the skin. Photo courtesy Karah JordanKarah, who works for the Battle Ground School District, says Kelan didn’t sleep that night, and she decided to keep him home the next day. Then, she called Daybreak Middle School Principal Kevin Palena on Friday to discuss the situation.Palena, she says, agreed that the situation had gotten out of hand, and gave Karah the name of the School Resource Officer for Battle Ground schools. The district also handed over surveillance footage during the police investigation.Karah says she was told the school would be issuing a no contact order for the student who attacked her son, so she fully expected that when Kelan went back to school the Tuesday following MLK Day, that he would be safe.“Then he called us at recess and said ‘he’s here,’” she says.Kelan said the other student didn’t say anything to him, but stood staring at him from a short distance in the cafeteria. Karah says she came to the school to pick Kelan up early, and he didn’t return to school the rest of that week.In a meeting with district officials later that week, Karah says she was told the student who attacked her son is classified as special needs, and thus could not be suspended or expelled over the attack. They also could not be told what disciplinary action, if any, had been taken, beyond the no contact order, due to privacy laws.Kelan Jordan also suffered bruising on his neck from the encounter with another student at Daybreak School. Photo courtesy Karah JordanKelan Jordan also suffered bruising on his neck from the encounter with another student at Daybreak School. Photo courtesy Karah JordanKelan is also classified as special needs, due to a deformity and deafness in his right ear. But Karah says the district’s first solution, after the no contact order apparently failed to work, was to request she change Kelan’s class schedule.“At the end of the school year they told us they couldn’t put him in smaller class sizes because they couldn’t change his schedule,” she says, shaking her head. “And then, they’re asking us to change his schedule after he was a victim.”Kelan had gone to Pleasant Valley Middle School until this year, when the district’s moves to redraw boundaries sent them farther north to the less crowded Daybreak campus. Ultimately, the district offered to let Kelan go back to Pleasant Valley, which he gladly accepted.In a statement provided by the district, they said Federal privacy laws prevent them from discussing information about specific students. “Our practices for handling inappropriate behaviors and discipline depend on many factors, including whether the behavior was provoked, is there a pattern of inappropriate behavior, and the severity of an incident,” the statement reads. “One of Battle Ground’s top priorities is to provide a safe and supportive environment for all students. We work with families to provide supports, and in some cases make accommodations and develop individual plans, to provide for the well-being and a positive experience for students.”Karah, and her husband Dan, aren’t disputing that the district has worked hard in an attempt to find a solution that works. But if state or federal law prevents a student with special needs, and a history of aggressive behavior, from being kept out of class, Karah says, then the same laws are preventing her special needs child from feeling safe at school.“When I was growing up and going to school, had someone done this they would have gotten suspended or expelled,” Karah says. “And for my child not to feel safe at school? That’s a problem.”Valentine’s hearts are posted on a classroom door at Daybreak School in Battle Ground. Photo by Chris BrownValentine’s hearts are posted on a classroom door at Daybreak School in Battle Ground. Photo by Chris BrownBattle Ground School District uses a system known as Positive Behavioral Interventions and Supports (PBIS), says district spokesperson Rita Sanders, which teaches students what behaviors are expected and appropriate in school.“Students are taught expected behaviors and reminded of them throughout the year, much the same way they are taught academics,” said Sanders in an email. “Students receive positive reinforcement, such as school-wide dress up days, for demonstrating positive behavior.”PBIS provides what the district describes as a tiered approach to address inappropriate behavior, from warnings and problem-solving sessions, to notifying parents. Repeated behavior can lead to a daily check in/check out, which requires students to “discuss their day and problem solve with a caring adult.”The student who attacked Kelan is facing a fourth-degree assault charge in juvenile court, and had to appear in court recently as a judge issued a full no-contact order. “Maybe this punishment right here will prevent him from getting worse,” said Dan Jordan.Mom says she thinks her son did the right thing, walking away and seeking help. Kelan says he’d give the same advice to any other student facing the same situation.“I’d tell them to run, tell somebody,” he says. “Tell an adult.”Kelan Jordan (left) says he has suffered from anxiety and sleeplessness since another student attacked him at Daybreak School in Battle Ground. Photo by Chris BrownKelan Jordan (left) says he has suffered from anxiety and sleeplessness since another student attacked him at Daybreak School in Battle Ground. Photo by Chris BrownWhile Washington state has laws designed to prevent bullying, the Individuals with Disabilities Education Act, adopted in 2006, provides certain protections for students with special needs. Karah says the difficulty in this case is that it’s unclear if the special need designation for the student who stabbed Kelan relates to his aggressive behavior, which previously included punching another student during a dispute.“The plan is to go state level, to find out why these laws are protecting students when they do something bad,” says Karah. “Because, had it not been a student who is special needs, they would have gotten suspended or expelled.”AdvertisementThis is placeholder textTags:Battle GroundClark CountyLatestshare 0 Previous : UPDATE: Ridgefield School Board to seek $40.5 million bond in April Next : Mat Classic: King’s Way Christian wrestler makes up for missed time on the matAdvertisementThis is placeholder textlast_img read more

370 Additional Solar Panels Installed at CU-Boulder

first_imgShare Share via TwitterShare via FacebookShare via LinkedInShare via E-mail Published: Sept. 14, 2010 The 370 solar panels installed last month on the roof of the University of Colorado at Boulder’s Center for Innovation and Creativity will produce enough energy each year to power 20 medium-sized houses.The new panels, each approximately 6 by 3 feet in size, total 100 kilowatts and are located at 1777 Exposition Drive in Boulder. They make the CINC building approximately 10 percent solar powered and add to a collection of hundreds of campus solar panels previously installed on the roofs of the Coors Events Center, the Housing System Maintenance Center, the Wolf Law Building, the chancellor’s residence and the Mountain Research Station located 35 miles west of Boulder.The latest project is financed by the Boulder-based Lighthouse Solar company, which will receive incentives offered by Xcel Energy, as well as a state tax credit. CU-Boulder will gain from additional alternative energy that contributes to its campus sustainability goals, and by moving toward fulfillment of Colorado Amendment 37, which mandates 20 percent use of renewable energy statewide by 2020.”The university is not subject to tax; therefore, if we would have done this project on our own, we would have left a significant amount of tax credits on the table,” said Moe Tabrizi, CU’s energy conservation officer. “Another advantage is that at the end of seven years we will have the opportunity to buy the solar panels installed on CINC at a fraction of their original cost.”An additional 100 kilowatts worth of solar panels is slated for installation on the new Williams Village North residence hall by 2011, which will bring the campus total to 336 kilowatts of solar-generated power.center_img Workers install solar panels on the roof of the building which houses the University of Colorado Center for Innovation and Creativity in Boulder. (Photo by Glenn Asakawa/University of Colorado)last_img read more

Bledsoe-Mcdaniels Winery Announces Oct. 14 Limited Allocation of Willamette Valley Pinot…

first_imgReddIt Home Industry News Releases Bledsoe-Mcdaniels Winery Announces Oct. 14 Limited Allocation of Willamette Valley Pinot Noir…Industry News ReleasesWine BusinessBledsoe-Mcdaniels Winery Announces Oct. 14 Limited Allocation of Willamette Valley Pinot Noir and Walla Walla Valley SyrahBy Press Release – October 2, 2020 465 0 TAGSBledsoe-McDaniels WineryDoubleback Wine Estates Share Pinterest Facebook Linkedin Twitter Previous articleWine Unify Announces 20 Welcome Award Recipients Next articleWine Institute Urges Congress to Extend Critical Wildfire Assistance Press Release AdvertisementInaugural release of ultra-premium wines from Drew Bledsoe and Josh McDaniels compare and contrast the popular Burgundian and Rhône varietals(WALLA WALLA, Wash.) — Bledsoe-McDaniels Winery, a unique collaboration between proprietors Drew Bledsoe and Josh McDaniels focused on comparing and contrasting the popular Burgundian and Rhone varietals of Pinot Noir and Syrah, has announced the Oct. 14 limited allocation of the winery’s first release including a 2018 Willamette Valley Ribbon Ridge Pinot Noir and 2018 Walla Walla Valley Lefore Vineyard Syrah.With only 187 and 164 cases produced respectively, the wines will initially be allocated to Doubleback Winery’s VIP customers and those who have signed up for the Bledsoe-McDaniels list at  “It’s no secret that while our focus at Doubleback has been on producing ultra-premium Walla Walla Valley cabs from day one, we have a longstanding love affair with Willamette Valley Pinot Noir,” said Josh McDaniels, CEO & director of winemaking for Bledsoe Wine Estates. “Bledsoe-McDaniels is an expression of both, and our first release takes customers on a journey that explores the obvious differences of varietal and site terroir while indulging in the lesser-known similarities of the two grapes.”The 2018 Bledsoe-McDaniels Pinot Noir was sourced from the Ridgecrest and Wind Ridge vineyards in the Willamette Valley’s Ribbon Ridge AVA, while the 2018 Bledsoe- McDaniels Syrah was sourced from the winery’s Lefore Estate Vineyard in The Rocks District of Milton-Freewater, a sub-AVA of the Walla Walla Valley AVA. Both wines were produced in the same state-of-the-art facility in Walla Walla that is home to Doubleback and Bledsoe Family Winery. And like Doubleback, the Bledsoe-McDaniels wines are all about small production and high-quality creations.“We are grateful that the success of Doubleback and Bledsoe Family Winery has given us the opportunity to pursue a project that we are not only passionate about, but are committed to as an expression of two hallmark varietals of the Pacific Northwest,” said Drew Bledsoe, proprietor of Bledsoe Wine Estates. “Over the years Maura and I have learned many of our likes and dislikes through side-by-side tastings of different varietals from different appellations, so there is also a personal element that was a big factor in making the Bledsoe-McDaniels vision a reality.”For more information about Bledsoe-McDaniels Wine and to subscribe to the list, visit Bledsoe-McDaniels Winery:Established in 2019, Bledsoe-McDaniels is a collaboration between proprietors Drew Bledsoe and Josh McDaniels focused on producing ultra-premium wines that compare and contrast the popular Burgundian and Rhone varietals of Willamette Valley Pinot Noir and Walla Walla Valley Syrah. Highlighting the obvious differences of varietal and site terroir, while indulging in their lesser-known similarities, Bledsoe-McDaniels wines produced in the same state-of-the-art Walla Walla winery as Doubleback and Bledsoe Family Winery wines. For more information, or to sign up for the Bledsoe-McDaniels list, visit Doubleback Wine Estates:Founded in 2007 by retired NFL quarterback and Walla Walla native Drew Bledsoe and his wife Maura, the Doubleback Wine Estates family of wines includes the Doubleback, Bledsoe Family Winery, and Bledsoe-McDaniels labels. Doubleback Winery is committed to producing ultra-premium, estate-focused wines from the Walla Walla Valley that enrich life’s experiences. The Bledsoe’s second label, Bledsoe Family Winery, is committed to producing premium wines for any occasion, with tremendous value, from the same family that brings you Doubleback. In 2019 after years of planning, Bledsoe-McDaniels Winery was introduced to explore the similarities and differences between Willamette Valley Pinot Noir and the Rhone styles of the Walla Walla Valley. All three labels are managed and crafted by Josh McDaniels, CEO & director of winemaking. For more information visit,, or, email [email protected], or call 509-525-3334. Advertisement Emaillast_img read more

Caribbean Now Has WiMA

first_imgRelatedWorks Ministry to Assess Road Damage in North West St. Andrew Caribbean Now Has WiMA TransportApril 17, 2015Written by: Marlon Tingling FacebookTwitterWhatsAppEmail The Caribbean has joined six other regions across the world that boast a Women in Maritime Association (WiMA).The Articles of Association, signaling the birth of the Women in Maritime Association, was signed on Friday, April 17, during the closing session of a week-long conference on the establishment of a Women in Maritime Association in the Caribbean, at the Holiday Inn Sunspree Resort in Montego Bay, St. James.The Caribbean now joins Latin America, the Middle East and North Africa, the Pacific Islands, Western and Central Africa, Central Asia, and East and Southern Africa as regions where WiMA exists.Giving her inaugural address in the capacity of President of WiMA, Jamaican Claudia Grant, said formation of the association will put more focus on the work of women in the maritime sector, where a lot of work remains to be done as the ladies seek to properly cement their place.“It has been a wonderful week…one in which the Maritime Women of the Caribbean came, discussed and celebrated.  However, we noted that much remains to be done, particularly in increasing visibility, through highlighting our contributions to the sustainable development of the sector,” she said.The President informed that the mentoring of future generations of female maritime professionals will be a major focus of WiMA, as the association takes on a greater role of strengthening the advocacy network among players in the sector, especially the women.Mrs. Grant said women in the maritime sector can be justly proud of their achievements and as a group, members of WiMA are looking forward to the challenges of the future.“The challenge is to maintain and build on the momentum, the enthusiasm, the hope, the commitment. This is not a job for the elected officials only, but WiMA’s entire membership. We need a game plan and it starts with us,” she argued.Other members of WiMA are: Vice Presidents, Dwaynette Eversley, Karen Mullings and Vivette Grant; Treasurer, Tosca Pinas and Policy Officer, Deniece Aiken.The conference was held under the theme: ‘Maritime Women of the Caribbean….Achieving Regionally…Advancing Globally’, and attended by representatives from 15 Caribbean states. RelatedSeveral JEEP Projects Underway in St. Elizabethcenter_img Related$10 Million Bridge Opens in Bigwoods Story HighlightsThe Caribbean has joined six other regions across the world that boast a Women in Maritime Association (WiMA).The Articles of Association, signaling the birth of the Women in Maritime Association, was signed on Friday, April 17.The Caribbean now joins Latin America, the Middle East and North Africa, the Pacific Islands, Western and Central Africa, Central Asia, and East and Southern Africa as regions where WiMA exists. Advertisementslast_img read more

An effort to strike out DUI

first_imgHomeNewsCrimeAn effort to strike out DUI Feb. 15, 2016 at 6:55 amCrimeAn effort to strike out DUIJeff Goodman5 years agoNewsSanta Monicasanta monica news Local products Tyler Skaggs and Lucas Giolito have hurled thousands of pitches during their respective baseball careers, but the ones they threw at Memorial Park earlier this month weren’t aimed at a catcher’s mitt behind home plate.These were pitches of the promotional variety, made not with baseballs but with brief messages to the Santa Monica community and the general public about the perils of drunk driving.Wearing the caps of the teams for which they play, Skaggs, Giolito and brothers Tyler and Scott Heineman served as spokesmen for the Santa Monica Police Department as they filmed short public service announcements to help local officials address an alcohol-related problem that persists within city limits.Authorities enlisted the help of the talented Santa Monica Little League alumni with the hope that their collective star power will broaden the reach of the campaign through social media.The videos are one component of the police department’s “Choose Your Ride” initiative, which encourages people who have been drinking to pay for a cab instead of ending up in the back seat of a squad car.Throughout the year, law enforcement personnel try a variety of strategies to address alcohol-related issues. They use grant funding on checkpoints to nab drunk drivers and enforce other rules of the road. They also work with the state Alcoholic Beverage Control department to catch adults who knowingly buy liquor for minors.During the recent holiday season, police placed a specially designed vehicle at popular gathering places in Santa Monica like Main Street the Third Street Promenade. The front half of the car is painted like a police cruiser. The back half is made to look like a yellow taxi.“We really did receive good feedback because it’s a great conversation piece, so we asked [Chief Jacqueline Seabrooks] to extend it as we go into Cinco de Mayo and Fourth of July,” Sgt. Rudy Camarena said. “These are celebrations where you have alcohol consumption, and we want to make sure we continue the message: to think before you drink. … “the idea is that you choose your ride or the police will choose your destination.”Efforts by local police to crack down on alcohol-related problems are nothing new. More than 15 years ago, Camarena and his former police partner, now-retired lieutenant Steve Heineman, were assigned to investigate vice and narcotics crimes throughout the city. Several bars and other establishments with alcohol sales permits were closed as a result of their work, Heineman said.“These places were taking an inordinate amount of resources and time,” said Heineman, whose sons play in the minor leagues. “It became a real issue.”Despite modest progress in recent years, drunk driving remains a significant problem in Santa Monica. Local police made 168 DUI arrests last year, according to department data, down slightly from 176 in 2014. And officers took 459 calls for service involving drunk driving in 2015, a dip from the 549 calls logged a year earlier.The message of the “Choose Your Ride” campaign is not lost on Skaggs, a Los Angeles Angels pitcher who said he has a few friends who have paid the price for driving drunk.“It’s so much cheaper to just get a cab,” he said.Giolito, a top prospect in the Washington Nationals organization, said he was happy to assist police to curb drunk driving.“It’s hugely important,” he said. “You want people to have their lives, to not risk anything. Especially with drunk driving, it’s a problem I’d like to see gone.”[email protected] :NewsSanta Monicasanta monica newsshare on Facebookshare on Twitteradd a commentLocal exec judging entrepreneur awards contestCouncil stiffs residents, againYou Might Also LikeBriefsNewsInput Invited for Marine Park Improvement ProjectsGuest Author2 days agoBriefsNewsPublic Health Emphasizes the Importance of Vaccinations as Distancing and Masking Guidelines Relax Next WeekGuest Author2 days agoBriefsNews“Righting Our Wrongs” performance on June 11Guest Author2 days agoBriefsNewsSEATTLE Feds plan to curtail West Coast salmon fishing to help orcasGuest Author2 days agoBriefsNewsBeach House Begins Community Re-Opening June 15Guest Author2 days agoColumnsFeaturedNewsOpinionWhat’s the Point?whats the pointGAY PRIDE MONTH IS HERE FOR ALL OF USDavid Pisarra2 days agolast_img read more

ZTE eyes slice of 5G boom

first_img China Mobile highlights 5G gains India moves to block Huawei, ZTE ZTE chairman Li Zixue detailed plans to increase investment in core technologies including algorithm and network architecture to help grab a share of a 5G market he tipped for mainstream success over the next five years.In the Chinese vendor’s 2020 earnings statement, the chairman said 5G would drive “a new boom for the communications industry”. ZTE will invest to maintain its edge and provide end-to-end services enabling operators “to build highly competitive premium 5G networks”.Net profit fell 17.3 per cent year-on-year to CNY4.26 billion ($655.2 million), attributed to a one-off gain booked in 2019. Revenue was 11.8 per cent higher at CNY101.5 billion, with deployment of standalone (SA) 5G networks in more than 240 cities in China driving a 39.3 per cent rise in domestic sales to CNY68.1 billion.Revenue in Asia (excluding China) rose 11.6 per cent to CN4.82 billion; declined 9.3 per cent to CNY4.82 billion in Africa; and was CNY13.8 billion in Europe, Americas and Oceania, 1.3 per cent lower.Its carriers’ network unit grew 11.2 per cent to CNY74 billion; the consumer business rose 23.1 per cent to CNY16.2 billion; and its government and corporate business increased 7.8 per cent to CNY11.3 billion.The company forecast net profit in the current quarter to more than double to between CNY1.8 billion and CNY2.4 billion. Subscribe to our daily newsletter Back Author Joseph Waring Tags Related AddThis Sharing ButtonsShare to LinkedInLinkedInLinkedInShare to TwitterTwitterTwitterShare to FacebookFacebookFacebookShare to MoreAddThisMore2 17 MAR 2021 center_img Joseph Waring joins Mobile World Live as the Asia editor for its new Asia channel. Before joining the GSMA, Joseph was group editor for Telecom Asia for more than ten years. In addition to writing features, news and blogs, he… Read more India to shun China vendors in 5G trials Previous ArticleTelcoDR bullish public cloud can dominate MWCNext ArticleGlobe hails tower progress Asia HomeAsiaNews ZTE eyes slice of 5G boom 2020 earningsZTElast_img read more

Red Arrows air show coming to Donegal at the end of next month

first_img Community Enhancement Programme open for applications News Pinterest Google+ WhatsApp Facebook Red Arrows air show coming to Donegal at the end of next month Important message for people attending LUH’s INR clinic RELATED ARTICLESMORE FROM AUTHOR Twitter Pinterest WhatsAppcenter_img Facebook Google+ Loganair’s new Derry – Liverpool air service takes off from CODA The Red Arrows will take to the skies over Donegal at the end of next month to bring a spectacular close to the 2014 LegenDerry Maritime Festival.The display, which is being jointly promoted by the three councils in Donegal, Derry and Limavady will mark the departure of the Clipper 2013-14 Round the World Yacht Race from Greencastle on Sunday 29th June 2014.Donegal County Council Tourism Officer Kevin O’Connor says there will be vantage points all over North East Inishowen…………Audio Player Up/Down Arrow keys to increase or decrease volume. Publicans in Republic watching closely as North reopens further Twitter Arranmore progress and potential flagged as population grows By News Highland – May 22, 2014 Previous articleMurphy says Donegal has the hungerNext articleStrabane Chippy robbed by masked man overnight News Highland Consultation launched on proposal to limit HGV traffic in Clady last_img read more

News / Expecting demand boom, Samskip introduces pre-Brexit peak surcharge

first_imgBy Gavin van Marle 15/01/2019 European shortsea shipping line and multimodal operator Samskip is planning a pre-Brexit peak volume surcharge on shipments to the UK.The company told customers it was already seeing increased demand for container services to the UK as an alternative to using ro-ro services through the ferry ports.It added that demand was likely to outstrip available vessel capacity in the run-up to 29 March when the UK will leave the EU.Chief commercial officer Jerome Feuvrier said: “We foresee that demand will outstrip supply before abruptly reducing in April, as stock is first built up in February and March and then consumed in April before a restart at some point in late April/May.” He added that the company had secured additional vessels and additional truck and rail capacity for the expected pre-Brexit rush.The €243 per shipment surcharge will levied on all shipments that exceed a shipper’s surcharge-free weekly allocation, which is calculated based on the volumes shippers put through Samskip’s UK-bound services last year.Customers were told they would be offered the surcharge-free weekly allocation on all cargo with load dates during February and March 2019.“The Samskip pre-Brexit peak volume surcharge will apply to each individual shipment loading beyond your allocation,” Mr Feuvrier explained.He also revealed that, from 1 February, the line would introduce a €98 a day quay rent surcharge on containers  not collected or delivered after their contractual free time. This would cover the increased costs of building up the line’s stock of equipment.Mr Feuvrier said: “Furthermore, we anticipate the market intention to increase safety stock in containers. To facilitate your potential structural storage requirements we can propose, on a case-by-case basis, non-pallet-wide 40ft equipment, where we can quote based on storage location, terms and condition.“To protect our capacity in supporting our client structural volumes, while we keep the default free days equal, we must increase the storage cost for 45ft dry, curtainsided and reefer containers, and for flat-racks, after the contractual free days.”Samskip’s Europe-UK network comprises 14 weekly sailings linking Rotterdam, Amsterdam and Gent to the UK ports of Hull, Tilbury, Grangemouth and Belfast.last_img read more