DEFENSE DT Peli Anau DT David Moala DT Pasoni Tasi

first_imgDEFENSEDT Peli AnauDT David MoalaDT Pasoni TasiniLB Scooby Wright IIILB Alex BazzieLB Terence WaughLB Cap CapiLB Zaviar GoodenLB Ryan LangfordCB Jarell CarterCB Gump HayesCB Ryan LewisCB Sojourn SheltonCB/S Harlan MillerS Ironhead GallonSPECIAL TEAMSP Richie LeoneThe team also announced wide receiver Aaron Dobson would be placed on injured reserved. The team waived defensive tackle Ed Stinson and reached injury settlements with linebackers Tre’Von Johnson and Jarvis Jones.Some players are practice squad-eligible and could remain in Arizona for that reason.Furthermore, with the large influx of free agents Saturday from teams around the league cutting players all at once, the Cardinals might look to add some pieces. That means that their current 53-man roster might not remain the same by the time the season-opener rolls around. Top Stories The 5: Takeaways from the Coyotes’ introduction of Alex Meruelo Comments   Share   Derrick Hall satisfied with D-backs’ buying and selling (AP Photos) The Arizona Cardinals announced Saturday their cuts and roster moves that brought the team’s roster down to 53 players.The following players were released:OFFENSEQB Trevor KnightWR Carlton AgudosiWR Krishawn HoganWR Chris HubertWR Jeremy RossRB Chris JohnsonRB James SummersTE Gerald ChristianTE Ricky Seals-JonesTE Hakeem VallesOL Dorian JohnsonOL Kaleb JohnsonOL Cole TonerOL Jonathan McLaughlinOL Givens Price Former Cardinals kicker Phil Dawson retires Grace expects Greinke trade to have emotional impactlast_img read more

Rep LaFave commends steps made toward new Soo Lock

first_img Categories: LaFave News,News 15Nov Rep. LaFave commends steps made toward new Soo Lock In February 2017, state Rep. Beau LaFave co-sponsored a House Concurrent Resolution to urge the president and Congress to follow through on funding the construction of a second larger Soo Lock in Sault Ste. Marie to accommodate bigger ships transporting cargo along Michigan’s waterways.That call recently was heard as a funding authorization directing over $900 million toward construction was signed in Washington. The new lock would replace current smaller locks that have become outdated and are not often used.“The practice of moving product to destination and market in our region is heavily dependent on these locks and we need to modernize the facility as the ships carrying those products become more modern,” said LaFave, of Iron Mountain. “We’re getting closer to the finish line in terms of finalizing this project and I’m eager to see us break through the tape so we can keep Michigan’s economic comeback running along.”Congress had originally authorized the lock construction in 1986, but it remained delayed due to a lack of federal funding. The four existing locks were constructed between 1896 and 1968 and handle 75 million tons of cargo each year. Approximately $500 billion worth of iron ore mined in the United States moves through the Soo Locks annually.Currently, the 49-year-old Poe Lock is the only one able to handle larger, modern freighters. When exploring the potential ramifications of a prolonged shutdown of the Poe, the U.S. Department of Homeland Security and U.S. Army Corps of Engineers estimated that 11 million jobs would be lost nationwide.In a shorter shutdown timetable of 30 days, the estimated economic impact was estimated as high as $160 million.“I continue to support this effort because this project takes something that could really damage our state’s economy and the U.P. as a whole out of the equation,” LaFave said.Congress approved a water infrastructure bill earlier this fall, which included $922.4 million for the new lock and provided economic analysis reports that allow the project to pursue construction funding contracts. Funding for the lock will need to be appropriated at a later date.last_img read more

Belarusian pay TV and internet operator Cosmos TV

first_imgBelarusian pay TV and internet operator Cosmos TV has made the popular local portal Tut.by accessible to its subscribers.Tut.by will provide access to a wide range of services including TV services, to Cosmos TV subscribers. The Cosmos TV offering will not include Tut.by’s email service.last_img

In This Issue   Waiting on the Fed…   Consumer

first_imgIn This Issue.*  Waiting on the Fed… *  Consumer confidence falls in the US… *  Euro area looks to be emerging from recession… *  Chinese incomes rise…And, Now, Today’s Pfennig For Your Thoughts!Markets wait for direction from the Fed…Good day. And welcome to what will certainly be a wonderful Wednesday as we celebrate Christine’s birthday today.  You have probably surmised that Christine and I like to make a big deal about our ‘birthday week’ so today will be another celebration here on the desk.  Chuck is jumping on a plane to head down to the Money Show in Orlando this morning, so I get to share my thoughts on the markets with all of you Pfennig readers for the rest of the week (lucky you!). I had a reporter from Reuters call and ask me to share my thoughts with her readers yesterday.  She wanted to know why the dollar was trading off vs. the euro while the equity markets were rallying.  I let her know that the reason the dollar was moving lower was that the markets were expecting Ben Bernanke to sound a dovish tone in his press statement later today.  The US economy may be recovering, but the data don’t support an early end to the bond buying which the FOMC has committed to.  As Chuck mentioned yesterday, Bernanke had worried some in the markets with talk of possibly ending the bond buying in 2013, but I believe today’s statement will clear up any confusion caused by last month’s FOMC minutes.  December’s meeting minutes showed the FOMC members were ‘approximately evenly divided’ between those who said it would be appropriate to end QE3 in 2013 and those who thought the bond buying would need to continue beyond that. Fed officials do have a brighter outlook for the US economy than they did at this time last year, but yesterday’s drop in confidence due to the payroll increase (more on that in a bit) is just the latest indication the US economy isn’t on a strong recovery path.  Adding to the worries, Congress faces another deadline of March 1st on the $1.2 trillion in spending cuts which they conveniently kicked down the road at the beginning of the year (bet they wish they had booted that deadline a bit further!).  The spending cuts, known as the sequester, will hit the military particularly hard but it doesn’t look like anyone in congress wants to deal with figuring out the best place to cut, so these across the board cuts look like they will be implemented.  While I agree that we need to reduce the overall size of our government, I also believe these spending cuts will be another drag on the recovery.The Fed Chairman has pledged to continue his asset buying policy until we see ‘substantial’ gains in employment.  I just don’t see where we will get a boost in employment with consumer confidence dropping, payroll taxes rising, and less government spending.  No, I think the Fed will ease the markets concern regarding the end of QE3, and will again suggest the $85 billion per month of Treasury and mortgage bond buying will continue through the end of 2013. The Consumer confidence numbers released yesterday morning caused quite a stir on the trading desk, as we had all agreed with Chuck who was expecting an increase.  But instead we saw quite a drop in the mood of consumers here in the US. Both Chuck and Mike Meyer sent me something on the data yesterday afternoon and since I couldn’t decide which one to print I will just share both of their comments with readers.  First from Chuck:“Yesterday, I took a peek at the Economic data calendar to see what that day’s data looked like, and what do my surprised eye did I see? Consumer Confidence for January plunging from 66.7 to 58.6!  Recall, I had said that I thought the data would show an increase due to the stock market’s performance. But what I failed to recognize was that the fiscal cliff deal that was struck at the beginning of this month, was going to be more of a game changer than I would have thought.The weakness in Consumer Confidence falling to a 14-month low of 58.6, reflected a significant (falling from 66.7 to 58.6 qualifies for significant) deterioration in consumer’s outlook now that the fiscal cliff deal has added an increase in the payroll tax.  It’s going to take a while for Consumer Confidence to rebound based on the tax increase reaction, and that’s going to be a drag on the U.S. economy folks.    the back side of that storm that I talked about last year, looks to be getting closer to landfall.”And now I’ll share Mike Meyer’s comments on yesterday’s confidence data:“Chuck yelled over to me when the consumer confidence numbers were released and wondered if I had a chance to check them out. I then rolled over to the Bloomie screen and saw that it wasn’t a pretty picture as the measure fell to just over a one year low. What caused such a drop? I mean, stocks are trading within shouting distance of their all time highs set before the walls came crashing down during the financial crisis. The consumer confidence numbers are usually just a barometer of the equities market, so this type of decline wasn’t expected by many.It looks as though the expiration of the payroll tax holiday was much more than enough to offset any warm and fuzzies pertaining to a brighter monthly brokerage statement. It makes perfect sense to me, since this is real money that we’re dealing with. I guess we’ll see if this is just a knee jerk reaction to the first couple of paychecks of the year, but the 2% reduction in take home pay compared to the past couple of years will have an impact on the masses.  I think a fair comparison would be getting a raise today with the understanding the boss will take it away at some point in the future. Well, that day has come and we’ve seen the initial reaction.Chuck mentioned this isn’t a good indicator of things to come with our fragile economic recovery, but the equity markets brushed these concerns to the wayside. The successful earnings season so far and the continued rise in home prices kept stocks on an upward trajectory. But, the $64,000 question will be how the average consumer will react to less disposable income.”Thanks to both Mike and Chuck for sharing their insights.  Readers will recall the payroll tax holiday expiration was just one small part of the end of year budget negotiations, and as I mentioned earlier the next shoe will drop shortly as the ‘across the board spending cuts’ are scheduled to go into effect on March 1st.While prospects for the US economy are darkening, the Euro area economy seems to be continuing to climb out of its recession.  Economic confidence in the euro area rose more than economists forecast in January with the index rising to 89.2 from a revised 87.8 in December.  That is the highest reading since June and well above the 88.2 reading predicted by a Bloomberg survey.  The Euro area recovery continues to be led by Germany which is predicted to rebound from the contraction which it went through at the end of 2012.  Many were reporting that this latest data is proof that the ‘worst is over’ for Europe; but as Chuck has been warning we believe the euro debt crisis is not over.  We would expect the markets to re-focus on the weak peripheral countries of Europe at some time during 2013.  But for now the US budget problems have caught the attention of the markets.The euro has certainly been the benefactor of this shift of attention away from the European debt crisis.  The euro strengthened above $1.35 for the first time in over a year yesterday and tested a ‘resistance’ level which could lead to a further move higher.  Some technical analysts are now predicting the euro could move as high as $1.37 by the end of March, much higher than the median of analyst predictions which pegs the euro at $1.31 at the end of the first quarter.  I guess that is what makes markets right?  Some think the euro will rise while others are expecting it to trade lower.The pound sterling rose for the first time in four days against the US$ after a report showed UK mortgage approvals rose.  Lenders in the UK granted 55,785 mortgages in December, compared with 54,011 in November.  Bank of England Governor Mervyn King has been easing credit conditions in an attempt to boost the lagging housing market in the UK.  But while mortgage approvals are increasing, the numbers are still only half of what their were prior to the financial crisis. Both the Swedish and Norwegian currencies rose nicely vs. the US$ over the past 24 hours.  Sweden’s krona rose after a report showed Swedish consumer confidence improved from an almost 4 year low.  Sweden’s central bank, the Riksbank, lowered rates last month in an effort to stimulate growth in their manufacturing driven economy.  The 6% increase in the krona over the past 12 months has impacted exports, a majority of which are headed into the Euro zone. The kiwi reversed gains yesterday amid speculation the Reserve Bank will attempt to ‘jawbone’ the currency lower after their meeting tomorrow.  Officials of the RBNZ are expected to leave rates unchanged but will probably comment on the recent gains of the NZ$. Recent data show inflation pressures are easing in New Zealand so there is less need for the RBNZ to push rates higher. Inflation is also easing in Brazil, but the official measure fell less than analysts had expected.  Prices in Brazil, measured by the IGP-M price index, rose .34 percent in January, down from a .68 percent jump in December.  The gain compares with a median estimate of .32 percent increase.  Central bank president Alexandre Tombini said “Inflation remains under control” during a speech last week.  Interest rates in Brazil are still among the highest of all the currencies offered in our WorldCurrency® Certificates of Deposit, so the currency should remain a favorite of investors looking for higher yield.   Both Gold and Silver moved higher overnight as investors predict the FOMC will continue their QE3 bond buying.  The purchases by the Fed pump billions per month into the markets which helps boost the equity markets but also increases the risks of long term inflation.  The precious metals are moving higher as investors purchase gold and silver as a way to hedge against this risk of inflation.  I read a report this morning released by the US Mint which stated they had sold a record amount of American Silver coins so far this month, and this after sales were suspended for a week because of a lack of inventory!  It certainly seems investors are looking at physical metals as a good hedge against both inflation and the uncertainty which faces all of us in 2013.  And I will close today’s Pfennig with a story I found on Bloomberg this morning regarding a shift which is occurring in China.  Rural incomes in China actually rose at a faster pace than in the cities for a third straight year in 2012.  Rural per capita income advanced 10.7% compared with a 9.6% increase for urban dwellers according to a report from the National Bureau of Statistics.  This illustrates a shift which the Chinese government has been trying to make, spreading some of the benefits and income out to the countryside in order to try and level out income gains.  I have highlighted the emergence of a ‘middle class’ in China, and its impact on the global economy.  This latest report is good news for the global economy as gains in income are starting to reach the very poor rural areas where a vast majority of China’s population still live.  Spread this increase in income across the massive population in the rural areas and we should see a pickup in Chinese consumption which will benefit those countries which supply China with goods and materials.  This should be good news for the commodity based currencies and those Asian neighbors which are supplying these new Chinese consumers.To recap. The Fed will probably announce ‘no change’ in their bond buying program, and will counter the thoughts that they would end QE3 in 2013. Chuck and Mike both share their thoughts on US consumer confidence which took a hit this month.  The Euro moved higher after numbers showed a pickup in confidence across the pond.  The pound rose as UK mortgage approvals rose, and both the Swedish and Norwegian currencies also booked gains vs. the US$.  Gold and Silver moved higher as investors worry about further bond purchases by the Fed.  And a report showed Chinese incomes continue to rise, and the biggest increases are occurring in the rural areas of China which should be good news for the global economic recovery.Currencies today 1/30/13: American Style: A$ $1.0428, kiwi .8329, C$ .9973, euro 1.3550, sterling 1.5768, Swiss $1.0910. European Style: rand 9.052, krone 5.4894, SEK 6.3577, forint 218.33, zloty 3.0943, koruna 18.915, RUB 30.02, yen 91.27, sing 1.2359, HKD 7.7587, INR 53.305, China 6.2204, pesos 12.696, BRL 1.9845, Dollar Index 79.398, Oil $97.91, 10-year 2.03%, Silver $31.355, and Gold. $1,664.51That’s it for today. Happy, Happy, Happy Birthday to Christine!! She is always a ray of sunshine on the desk, and we absolutely love the energy she brings with her to work every day!  Antione and his wife Brooke got some great news yesterday as their new daughter Taylor had a great checkup and is gaining weight at a good rate.  Storms rolled through the area yesterday, which were expected as we had temps rise up into the low 70s.  Some crazy weather for the end of January!  With that I will say Happy Birthday to Christine one more time and I hope everyone has a Wonderful Wednesday.  Thanks for reading the Pfennig!Chuck Butler President EverBank World Markets 1-800-926-4922 1-314-647-3837last_img read more

Oil has taken investors for a ride lately Its no

first_imgOil has taken investors for a ride lately.It’s no secret that commodities are volatile. They experience booms and busts.In a downturn, commodity prices can fall through the floor. During a boom, they can soar.After falling for almost two straight years, oil began a new bull market earlier this year. But it hasn’t gone straight up over the last few months.Just take a look at the chart below. You can see that oil has made five big moves since June. Again, this isn’t unheard of…but there’s a particular reason oil’s been trading wildly as of late.• The Organization of the Petroleum Exporting Countries (OPEC) isn’t working together…OPEC is a cartel of major oil-producing countries. It supplies about 40% of the world’s oil.For decades, OPEC set production limits to keep oil prices high. But it stopped doing that last December when it abandoned its production limit of 30 million barrels per day (bpd).Since then, it’s been every OPEC country for itself.Last month, Saudi Arabia, OPEC’s biggest producer, pumped a record amount of oil. Meanwhile, Iran and Iraq are in the process of ramping up production.In a way, pumping a lot of oil is good for these countries. It means they have more barrels of oil to sell. But OPEC is also flooding the global economy with oil. And that’s the main reason oil still trades for half of what it did two years ago.• OPEC made a deal to cut oil production on September 30…This helped the price of oil surge 20% in just four weeks.But OPEC didn’t actually make any cuts at this meeting. It plans to do that on November 30.There’s just one problem. Iraq, OPEC’s second-biggest producer, doesn’t want to cut production. As we explained in October, the entire agreement could fall apart if Iraq backs out.Concerns about the upcoming OPEC deal triggered oil’s most recent pullback.• Yesterday, investors got a reason to believe the OPEC deal will still happen…The Wall Street Journal reported yesterday:[T]he Organization of the Petroleum Exporting Countries reaffirmed its commitment to cutting output. OPEC Secretary-General Mohammed Barkindo said Monday that the cartel remains committed to the tentative accord the group reached in Algiers in September, and that Russia remains on board with the plan to limit output.Russia, the world’s biggest oil producer, is not part of OPEC. But, like many OPEC countries, Russia wants higher oil prices. That’s why it will join OPEC in Vienna on November 30. According to Bloomberg, Russia said it will freeze production for six months or longer “if OPEC reached an agreement first.”• The price of oil jumped 1.9% on the news…Still, we aren’t holding our breath for an OPEC deal.All year, OPEC’s been trying to either cap or cut its production. It’s done neither. Instead, it pumped a record amount of oil last month.Frankly, we’re not surprised OPEC can’t get on the same page. After all, these countries revolve around oil. If they produce less oil, their economies could have big problems.• No one knows what OPEC’s next move will be…If it cuts or even caps output, oil could rally.If it does nothing, the price of oil should stay where it’s at or head lower.In short, we don’t think you should make bets on what OPEC may or may not do. That’s basically speculation at this point.• But that doesn’t mean you should avoid oil stocks…Like it or not, the global economy still runs on oil. That tells us oil will eventually rebound.Also, many oil stocks are dirt-cheap today. Consider the SPDR S&P Oil & Gas Exploration & Production ETF (XOP), which tracks 60 U.S. oil companies. It’s trading 58% below its 2014 high…and that’s after rallying 51% since February.If you’re going to invest in oil stocks, stick with the strongest companies.We like companies with high-quality assets, strong balance sheets, and healthy profit margins.In March, Crisis Investing editor Nick Giambruno recommended a company that checks all these boxes. Before we tell you about this company, you need to understand something about Nick.He doesn’t invest like most investors.He doesn’t chase high-flying stocks. He likes to invest in industries and countries most investors won’t go near.According to Nick, this method can allow you to buy world-class businesses for bargain prices. Sometimes, you can even buy a dollar’s worth of assets for a dime or less. – The Saudis’ NEXT Big Move Could Tank the DollarThe Saudis are preparing for a major move, one bigger than the OPEC oil embargo of 1973. This time it has nothing to do with oil, but could turn the dollar to dust. And send gold surging to $5,000 and beyond. You have until December 31st to find out how to position yourself. Click here for the full story. Recommended Links ANNOUNCED: Switch To “World Money” Could Happen SoonerIf you’ve got any money at all in a U.S.-based savings account, please pay attention. On September 30, a brand-new kind of “world money” was released into the wild. Its purpose? Ultimately, it’s the currency that could replace the U.S. dollar. But now there’s been a NEW development… and it could dangerously accelerate this move out of the dollar. You need to take at least three protective steps before this happens. Find out what those steps are – and what this threat is – by clicking this link. • Earlier this year, the oil industry was one of the most hated markets on the planet…The price of oil was down more than 75% from its 2014 high. On February 11, the price of oil hit its lowest price since 2003.At the time, most investors wanted nothing to do with oil stocks…but Nick saw an opportunity.A month later, he recommended an oil stock to his readers. It was a bold investment…but it’s paid off.Nick’s oil stock is up 24% since March. You can see it’s also done well despite oil’s recent pullback.• Nick says this oil company has actually emerged from the oil downturn stronger…Nick explains:It’s no surprise at all that shares have remained resilient.This company’s focus during the oil downturn has been to increase efficiencies so that it can thrive in periods of low oil prices. This includes well completion technology, precision targeting, and cost reductions.According to Nick, these efforts have paid off big time:The company recently announced that it had increased the resource potential in its “premium locations” by over 75%. These are areas where it can earn at least a 30% rate of return at a $40/barrel oil price. At current drilling rates, that’s enough resources in premium locations to last the company more than a decade.In an industry that is struggling to survive, this company is a clear standout. It’s the best equipped to not only survive a prolonged period of lower oil prices, but deliver enormous profits when oil prices inevitably rebound.• Nick isn’t just making money for his readers in the beaten-down oil industry…His readers are also up 74% on a Ukrainian agricultural operator that he recommended in July.And they’re up 19% on an African beer and beverage company he recommended in April.You can learn more about these companies and Nick’s other crisis investments by signing up for Crisis Investing. But, before you do, check out this short presentation.This video explains why crisis investing is one of the most powerful ways to build wealth. As you’ll see, legendary investors John Templeton, Warren Buffett, and Casey Research founder Doug Casey used this same approach to build their fortunes.Click here to watch this FREE 15-minute video.How to Make a Fortune as $300 Billion in Corporate Debt ExplodesEditor’s note: Central bankers have gone off the rails trying to stimulate the global economy.They’ve cut interest rates more than 670 times and “printed” more than $12 trillion since 2008.These stimulus measures haven’t helped the economy. But they did encourage Corporate America to borrow giant sums of money. According to many key measures, corporate leverage is now dangerously high.Our friend Porter Stansberry, founder of Stansberry Research, thinks this is all going to end very badly. Most people won’t prepare for this. They’ll take heavy losses. But Porter and his team have put together a blockbuster trade that could turn this coming crisis into a huge money-making opportunity.A few shrewd investors made a similar trade during the last housing bubble. When housing prices crashed, they made billions. Porter says we’re looking at the same kind of opportunity right now.He explains why in the essay below. This essay originally ran on September 30, 2016, in The Stansberry Digest.From Porter Stansberry, founder, Stansberry Research***Recently, I told you a little about what I believe is the biggest and most important opportunity I’ve ever seen in my entire 20-year career.If you haven’t noticed, a historic mania has developed in the world’s bond markets. Central banks have pushed so much new money into bonds (in an effort to manipulate interest rates lower) that corporate bonds have begun trading with negative yields, meaning that corporations are now being paid to borrow.This, as you might realize, makes absolutely no sense. Sooner or later, it’s going to cause catastrophic problems with the world economy – perhaps even the collapse of the entire financial system.I hope you’ll print out today’s Digest, read it carefully, and continue to monitor a few of the data points I’ll detail below. What I’ve written here is a guide to understanding how this incredible global mania will end… and when.I’m also including a detailed description of what I’m calling the “Big Trade.” It’s a relatively simple way individual investors can create synthetic credit default swaps (CDS) on a few dozen of the world’s weakest corporate credits. Remember, CDS were the instruments that a few investors used to make billions of dollars when the mortgage bubble burst almost 10 years ago. And I think we’ll soon have another chance at those types of profits.***This morning, the European banking system moved one step closer to the brink…One of Europe’s largest banks, Deutsche Bank, is teetering on disaster… And German Chancellor Angela Merkel has said the country won’t provide a bailout. Meanwhile, Deutsche’s CEO John Cryan is blaming “speculators” – not shoddy lending and a stagnant economy – for the bank’s woes. He’s trying to reassure the bank’s 100,000 employees that Deutsche remains strong, despite its clients rushing to withdraw funds.***Deutsche has roughly $2 trillion in assets. That’s almost 11% of U.S. GDP. By this metric, that’s slightly larger than U.S. banks Wells Fargo, which has $1.9 trillion in assets, and Citigroup, which has $1.8 trillion in assets.But here’s the thing… Deutsche has a tangible common equity ratio of just 2.9%. That’s the bank’s tangible equity divided by its tangible assets. What this means is the bank can sustain losses of only 2.9% before its equity capital is wiped out. By comparison, Wells Fargo sits at 7.7%, while Citigroup shows 10.3%.According to the International Monetary Fund, Deutsche is the riskiest financial institution in the world… the “most important net contributor to [global] systemic risks.” But the problems don’t stop with Deutsche. The likelihood of a “Lehman moment” in Europe gets closer each day.***The European Central Bank estimates that European banks hold bad loans totaling nearly 1 trillion euros – that’s the equivalent of 9% of euro-area gross domestic product (GDP). Italy’s Banca Monte dei Paschi di Siena, the oldest bank in the world, needs to raise 5 billion euros of equity (on top of the 8 billion it has raised in the past few years) and dump 28 billion euros of bad debt. The bank is also considering encouraging its bondholders to swap debt for equity – essentially admitting default. Its shares are down 85% this year. Italy’s UniCredit is also doomed… As are banks like Banco Popular Español SA.***We could soon see the equivalent of a 2008 crisis in Europe. Rest assured, the financial problems coming to roost abroad will spark a global selloff in equities. Nothing will be spared (save gold and silver).Editor’s note: Porter is launching a brand-new service next week…Stansberry’s Big Trade will show you how to protect yourself and profit as the Fed’s latest bubble inevitably pops.In fact, Porter believes this is the single best opportunity for huge speculative gains he has ever seen in his career. He believes the gains could dwarf those subscribers made in the last crisis, when he famously predicted the demise of Fannie Mae and Freddie Mac, General Motors, and others.Porter will be hosting a live presentation on Wednesday, November 16, at 8 p.m. ET to explain it all…including exactly what happens next, and what you need to do to prepare.Access is free for readers, but this event is sure to fill up quickly. If you’re interested in attending, we urge you to sign up soon. Reserve your spot and make sure you receive important updates by clicking here. —last_img read more

One year after the MeToo movement took off new N

first_imgOne year after the #MeToo movement took off, new NPR-Ipsos polls show the nation deeply divided on sexual assault and harassment, with fissures running more along party lines than gender.Most — 69 percent — of more than 1,000 Americans surveyed, say the movement has created a climate in which offenders will now be held accountable. But more than 40 percent feel the movement has gone too far.What exactly “too far” means wasn’t defined in the surveys. But in follow-up conversations, several respondents cited a rush to judgment, the prospect of unproven accusations ruining peoples’ careers or reputations, and a bandwagon effect that may prompt some to claim sexual misconduct for behavior that doesn’t quite rise to that level. On whether alleged victims of sexual assault should get the benefit of the doubt, 85 percent of Democrats agree, compared to 67 percent of Republicans. That party gap is nearly twice the size of the gender gap.A similar partisan divide emerges on giving the benefit of the doubt in cases of sexual harassment. That has gap widened — in the past year, mostly because of Republicans’ shift in opinion.For example, 53-year-old Cindy Bradshaw from Texas says she feels many allegations are exaggerated or not legitimate. “I feel like in the last year, that girls are like ‘Oh yeah, me too!’ ” she says. “I feel like some of the girls want the sympathy and the attention. And I feel like that really, really takes away from the girls that it really happened to.”On the question of whether false accusations of sexual assault are common, the party gap is quadruple the gender gap: 77 percent of Republicans believe false accusations are common, compared to 37 percent of Democrats.Democrat Steve Novotny from Georgia is one of the respondents siding with alleged victims, and dismissing what he sees as a myth of false accusations.”I think that’s the exception as opposed to the rule,” Novotny says. “I mean I think most people wouldn’t make up something just to get back at someone. They don’t want to put themselves under that public scrutiny.”On the other side, Republican women like 74-year-old Carolyn Ricketts from California believe alleged victims should definitely not get the benefit of the doubt. “I would be tempted — as a woman to believe a woman over a man,” she says. “But, to see that justice is done, you can’t do that. There’s two sides to every story.”That doesn’t surprise Clara Wilkins, a social psychologist at Washington University in St Louis.”According to our research, when there’s a conflict between gender and party, party wins,” she says. “That’s what going to drive [people’s] attitudes.”Indeed, the surveys show nearly twice as many Republican women (47 percent compared to 26 percent of Democrats) worry that a man they care about will be unfairly accused of sexual assault.Has the movement gone too far?One of the most stark partisan divides is whether the #MeToo movement has gone too far. Overall, 43 percent say it has. But broken down by party, that includes three-quarters of Republicans compared to less than one quarter of Democrats. The split reflects a backlash to the #MeToo movement that’s been growing since the recent controversy around now-Supreme Court Justice Brett Kavanaugh, whose nomination was threatened by accusations of sexual misconduct.President Trump has helped bolster the backlash, with recent comments like, “it’s a very scary time for young men in America” because “somebody could accuse you of something and you’re automatically guilty.” The NPR-Ipsos surveys suggest that’s resonating with his base.”We have females that make false allegations and jumping on the ‘me too’ bandwagon,” says Nate Jurewicz. “And it’s ruined a lot of guys’ lives.”Earlier this month, Jurewicz, a self-described “Christian, conservative, Republican, deplorable Trump supporter,” launched a #HimToo Facebook page that drew nearly 15,000 likes in the first two weeks. It’s full of slogans like: “No man is safe!” and memes mocking the #MeToo movement, such as one cartoon— showing “Jill” accusing “Jack” of pushing her down the hill, 300 years ago.Our poll data suggest Americans are still somewhat confused about what #HimToo actually means. (It’s had several different uses in recent years.) But the survey indicates that men — and Republicans especially — are paying attention. Jurewicz says the page is not meant to be partisan, but he concedes it is drawing an overwhelmingly conservative following.According to the NPR surveys, Americans are also divided on whether allegations of sexual misconduct would dissuade them from voting for a political candidate. Sixty-four percent of Democrats say allegations would be a deal-breaker, while 60 percent of Republicans say they would still consider supporting the candidate.Jurewicz goes a step further, saying even allegations proven true would not in his mind automatically disqualify a political candidate. “No one’s perfect. So if something happened years and years ago, does that mean we just write that person off forever? Let the people decide if they want to vote for that person or not.””Raising the bar too high”On the other end of the spectrum are those disappointed that #MeToo still has so far left to go.Nearly a third of women and Democrats say they believe allegations of sexual assault are still ignored these days. That’s up slightly from last year.For example, 52-year-old Texas Democrat Juan Rodriguez says he believes allegations get dismissed because people demand a level of proof that often just doesn’t exist in sexual misconduct cases.”The way things are now, I think [allegations are] just going to get brushed off,” he says. “It’s sad to say, but it’s like they’re raising the bar too high, like you’ve got to really prove your case. But honestly, that just gives the perpetrator the right to get away with stuff.”Debra Katz, the attorney who represented Kavanaugh’s accuser, Christine Blasey Ford, says she saw it first hand. All the talk about false accusations she says is just “red meat to Trump’s base.” “These talking points are being used to discredit women and to weaponize this issue of sexual harassment and sexual assault just simply for partisan gain,” says Katz. “The president [is] deliberately muddying the facts to confuse people about what sexual harassment and sexual assault are by blaming victims, and in that way giving people a pass for engaging in the behavior,” she says. “And it’s dangerous.”Ultimately, Katz believes, the backlash will succumb to the passage of time.”The younger generation definitely understands this issue in a way that my generation did not,” she says. “They are energized, they will vote, and there’s no going back.”Defining harassmentThe NPR-Ipsos poll shows much more consensus among young people. For example, fewer people under 35 believe that #MeToo has gone too far, fewer say they would ever consider voting for a political candidate accused of sexual assault, and more young people say they are clear on what counts as sexual misconduct.That stands in contrast to older Americans. After a year of intense focus on sexual misconduct, half of those surveyed say they’re still unclear on what crosses the line.Broken down by party, just over a third of Democrats say they’re fuzzy on what harassment means, compared to two-thirds of Republicans.Eric Savignano, 49, a telecommunications engineer from Pennsylvania, agrees that it’s hard to define. But he takes issue with the way one of his clients has done it. “I have to sign a piece of paper that says I have to follow all these rules, [including] you can’t look at a member of the opposite sex for more than three seconds,” he says. “That doesn’t make any sense to me!” California Republican Carolyn Ricketts agrees that many definitions are too broad. But she sighs, “It’s hard. Some people are too sensitive.” The rest of the nation seems to be struggling for a better answer. Responses to our open-ended poll question on what constitutes sexual harassment ranged “inappropriate touch” and “demanding sexual favors” to “unwanted attention,” “invitations,” or “anything that makes someone uncomfortable.” Many simply answered, “I don’t know.” Copyright 2018 NPR. To see more, visit http://www.npr.org/.last_img read more

Female Cannabis Entrepreneurs Are Pioneers in Science Finance and Fashion

first_img Guest Writer Download Our Free Android App Cannabis Is cannabis yet another rapid growth industry that is essentially a boys’ club? Opinions differ. Some have praised the marijuana industry as a fantastic opportunity for female entrepreneurs.Others report that it’s still unclear how many opportunities women are getting for executive positions, such as this Associated Press article which states: “Cannabis remains a male-dominated industry.”Certainly, there have already been notable achievements by women in the cannabis world. They range from the well-known, such as Whoopi Goldberg co-founding the Whoopi & Maya line of cannabis-infused products, to the emergence of people such as Emily Paxhia who co-founded Poseidon Asset Management, the first investment fund dedicated solely to the cannabis industry.There are many women on the science end of the business. For example, Julie Kowalski is the director of science and research for Trace Analytics, a testing laboratory in Spokane, Wash.The potential for marijuana jobs has led to formation of groups such as the Women Grow organization and the  OG GirlsClub in Los Angeles. The club’s invitation-only parties allow professional women the chance to socialize and support each other in marijuana-related business ventures, as well as create new partnerships.Valery Sepulveda, co-founder of the OG GirlsClub, told L.A. Weekly the club attracts professionals both inside and outside of the cannabis industry who are “fighting gender inequalities in a system that has been ruled by a ‘boys club’ for far too long.”Related: Post Apocolypse Aftermath: How Is California Adapting to New Cannabis Regulations?The Anti-Stoner MovementAgainst this backdrop, one of the newest areas for female entrepreneurs is beginning to emerge: fashion. It’s part of an overall cultural shift in tone away from pot being associated with stoners and instead associated with professionals. Much of this shift is being driven by women.Cannabis fashion designer Emma Baron told CBC that one of the inspirations for founding her company, Milkweed, came from meeting older women who use marijuana but are embarrassed by cannabis fashion that screams weed. Milkweed focuses on making cannabis accessories for women that are both elegant and discreet. They include hand-crafted tins, ceramic pipes and embossed, pre-rolled joints.Related: 3 Ways Blockchain Could Help Solve the Cannabis Business’s Biggest RoadblocksEmbracing Beautiful DesignIn the U.S., Seattle-based Van der Pop, founded by designer April Pride, is doing much the same for women who use marijuana but don’t want to carry around the type of paraphernalia that’s been associated with weed for decades. Their products include sleek tools for rolling joints, cleaning pipes and attractive cases for carrying pot.The Van der Pop brand is sold exclusively on Tokyo Smoke, a Canadian company that bought Van der Pop in 2017. Tokyo Smoke sells cannabis-related products online and in brick-and-mortar stores in Toronto and Calgary. The site offers a good example of how elegant design is moving into the cannabis industry. The focus is on products for those who “embrace beautiful design along with alternative states of mind.”Follow dispensaries.com on Instagram to stay up to date on the latest cannabis news. Add to Queue Female Cannabis Entrepreneurs Are Pioneers in Science, Finance and Fashion Next Article –shares Cannabis still has the opportunity to be genuinely equal opportunity. Easy Search. Quality Finds. Your partner and digital portal for the cannabis community. August 2, 2018 3 min read Image credit: Hinterhaus Productions | Getty Images dispensaries.com Free Green Entrepreneur App Keep up with the latest trends and news in the cannabis industry with our free articles and videos, plus subscribe to the digital edition of Green Entrepreneur magazine. Opinions expressed by Entrepreneur contributors are their own.last_img read more

A New Years Gift Thailand Approves Medical Marijuana

first_img Next Article Add to Queue –shares December 27, 2018 Listen Now ‘A New Year’s Gift:’ Thailand Approves Medical Marijuana The Southeast Asian country becomes the first to do so. Image credit: Shutterstock.com Editor in Chief of Green Entrepreneurcenter_img Each week hear inspiring stories of business owners who have taken the cannabis challenge and are now navigating the exciting but unpredictable Green Rush. Entrepreneur Staff 1 min read Big news out of Thailand. The country’s National Legislative Assembly made an amendment to the country’s constitution that legalizes the use of cannabis for medical and research purposes. The vote wasn’t even close: 166-0. Related: Uruguay Legalized Marijuana and the Crime Rate Has PlummettedSomchai Sawangkarn, one of the lawmakers who helped write the legislation, said it was  “a New Year’s gift from the National Legislative Assembly to the government and the Thai people.”Thai farmers are stoked about the decision. “I expect Thailand can make 100 billion baht a year ($3.07 billion) from growing cannabis and selling the raw material and cannabis oil,” chairman of The National Farmers Council of Thailand, Prapat Panyachartrak, told Agence France Presse.But don’t go lighting up a celebratory spliff in Bangkok just yet. The recreational use of marijuana is still highly illegal in the country — and could lead to 15 years in a Thai prison and stiff financial fines. Related: This Is Non-Negotiable: Cannabis Legalization Must Include Restorative Justice Green Entrepreneur Podcast Global Business Jonathan Smalllast_img read more

Mt Gox Breaks Silence With Vague Statement Confirms Transaction Freeze

first_img Next Article Enroll Now for $5 Mt. Gox Breaks Silence With Vague Statement, Confirms Transaction Freeze Bitcoin A statement released today by Mt. Gox on its website. 2 min read Former West Coast Editor –sharescenter_img Learn from renowned serial entrepreneur David Meltzer how to find your frequency in order to stand out from your competitors and build a brand that is authentic, lasting and impactful. Mt. Gox has finally made a peep, but not much more, about its murky situation. In yet another strange twist in its cataclysmic downfall, the scandalous Bitcoin exchange has just confirmed on its website that it has indeed halted all transactions. Its Twitter feed still remains empty, just as its website did only hours ago.   The vague statement from the Tokyo-headquartered company, which was once the world’s top reigning cryptocurrency trading destination, reads:“Dear MtGox Customers,In the event of recent news reports and the potential repercussions on MtGox’s operations and the market, a decision was taken to close all transactions for the time being in order to protect the site and our users. We will be closely monitoring the situation and will react accordingly.Best regards,MtGox Team”Related: One-Time Bitcoin Exchange Giant Collapses Amid Insolvency, Trading Allegedly SuspendedThe threadbare statement appeared on the website not long after Mt. Gox CEO Mark Karpelès cryptically told Reuters that the company is “at a turning point.” He made the seemingly guarded comment in an email reply to the news agency’s inquiry about whether or not the exchange was truly defunct.    Meanwhile, as of 12:29 p.m. ET, Bitcoin prices rebounded slightly to $524.24, up from earlier this morning, when they had sagged to a three-month low. Kim Lachance Shandrow February 25, 2014 Add to Queue Fireside Chat | July 25: Three Surprising Ways to Build Your Brandlast_img read more

Thomson Reuters Acquires HighQ

first_imgThomson Reuters  announced that it has acquired HighQ, a leading collaboration platform for the legal and regulatory market. Based in London with offices in the United States, Germany, the Netherlands, Australia and India, HighQ offers a secure cloud-based platform for business collaboration, workflow automation and client engagement. HighQ currently serves more than 400 customers, including more than half of the Global 100 largest law firms.Thomson Reuters provides its customers with solutions that help them generate more efficiencies, lower costs, improve accuracy and reduce risk. This acquisition will expand on the company’s strategic objective to provide more cloud-based software offerings and will meet a growing market need for legal professionals, aligning with Thomson Reuters focus on legal, tax, compliance and risk.“This deal follows our recent acquisition of Confirmation, a leading provider of secure audit services, and reinforces our strategy of carefully investing to grow our core offerings in the world of business information services,” said Jim Smith, president and CEO, Thomson Reuters.Marketing Technology News: TDG: Three-in-Ten TV Viewers Engage with Show-Related Content on Social Media“HighQ’s software platform is flexible, user-friendly and integrates with other leading-edge technology to provide a seamless user experience,” he continued. “This acquisition will position us with an open best-in-class platform at the heart of the legal software ecosystem. It provides us with an opportunity to leverage our channels to sell HighQ to thousands of large and medium-sized law firms and corporate legal departments globally. It also brings impressive software development talent into our organization.”“Legal professionals are being disrupted by technology change and are seeking software solutions to help them improve costs and increase productivity,” said Brian Peccarelli, COO, Customer Markets at Thomson Reuters and head of its Legal Professionals segment. “The acquisition of HighQ will help us meet customer needs for efficient, compliant workflow collaboration solutions, and supports our ongoing approach to providing open technologies and driving customer innovation.”Marketing Technology News: LogMeIn Releases Grasshopper Connect for Small Businesses“Our intelligent workflow platform allows legal professionals and in-house corporate legal departments to collaborate on projects, matters and transactions, transforming legal service delivery and creating compelling digital experiences for clients and business,” said Ajay Patel, CEO and founder of HighQ. “We are excited to expand our global footprint and leverage the Thomson Reuters network to support and serve across several vertical industries and geographies.”Marketing Technology News: Icertis Cements Undisputed CLM Market Leadership with $115 Million Round Thomson Reuters Acquires HighQ PRNewswire5 days agoJuly 18, 2019 AcquisitionHighQJim SmithMarketing Technology NewsNewsThomson Reuters Previous ArticleSurvey Shows Majority of Marketers Fail to Meet Consumers’ Expectations for Customer EngagementNext ArticleV-Click Technology Officially Launchedlast_img read more

Apple voluntarily recalling batteries on MacBook Pro notebooks due to safety risk

first_img This document is subject to copyright. Apart from any fair dealing for the purpose of private study or research, no part may be reproduced without the written permission. The content is provided for information purposes only. Apple announced a voluntary recall on certain 15-inch MacBook Pro models sold primarily between September 2015 and February 2017. Apple apologizes and issues bug fix for ‘way slower than it should be’ MacBook Pros Citation: Apple voluntarily recalling batteries on MacBook Pro notebooks due to safety risk. What to do (2019, June 21) retrieved 17 July 2019 from https://phys.org/news/2019-06-apple-voluntarily-recalling-batteries-macbook.html Explore furthercenter_img Credit: CC0 Public Domain At issue is a battery inside these older generation notebooks that Apple says could overheat and pose a safety risk. The company says the recall doesn’t impact other 15-inch MacBook Pros or any of the company’s other Mac laptops.You can identify whether your computer is eligible for a free battery replacement by its serial number.To find out, choose About This Mac from the Apple menu (identified by the Apple logo in the upper-left corner of your screen.) If you have “MacBook Pro (Retina, 15-inch, Mid 2015),” enter your computer’s serial number on the program page.Apple has created a website where you can get details on where to get service if you need it. Resolution could take a week or two.The issue got attention late last month when WhitePanda posted video on Twitter and Reddit that went viral showing the musician’s MacBook Pro after it exploded and burst into flames. White Panda reported no injuries and said in a tweet, “good thing I wasn’t on a plane.”The comment echoed reminders of Samsung’s Galaxy Note 7 phones that thrice had to be recalled in 2016 and 2017 because of a similar battery issue; back then, the phones were banned on flights.This isn’t the first time Apple has gotten heat with MacBook Pros before. Last year, frustrated users proposed a class-action suit over the allegedly defective “butterfly” type keyboards in MacBook Pros and MacBook laptops dating back to 2015. Apple eventually apologized. (c)2019 U.S. TodayDistributed by Tribune Content Agency, LLC.last_img read more