Two dangers to look out for in 2011

first_img Show Comments ▼ Tuesday 30 November 2010 8:59 pm KCS-content Tags: NULL whatsapp AS readers know, I am relatively sanguine about the outlook for the global and UK economies next year. But this doesn’t mean that I’m blind to the risks facing the recovery. Two in particular worry me. The first is the possibility of a break-up of the euro. Arturo de Frias at Evolution Securities has crunched the numbers. German, French and UK banks have €1.2 trillion in exposure to Spain, Italy, Greece, Ireland and Portugal. If all these economies quit the single currency and devalue by 30 per cent on their way back to the peseta, lira, escudo and other currencies, German, French and UK banks would suffer €362bn of losses – and these would be final, definitive losses, not fun-and-games mark to market numbers. UK banks alone would suffer losses of €80bn. Virtually every major bank in Europe would become insolvent – and that is before we consider insurance companies, pension funds and other financial institutions. The whole system would go down, as would the economy. It would be an even bigger disaster than the crisis of 2007-09. The euro is a defective currency that should never have been launched – but the cost of exit would be immense. The second major risk is the US housing market, which is in a much worse state than most people realise, and the authorities’ desperate attempt to reflate it. Yesterday’s Case-Shiller statistics confirmed that US house prices are falling again – they are down 1.5 per cent over the past year and over 28 per cent from their peak. The recovery since the trough has been cut to 4.9 per cent. This renewed decline is one of the main reasons for the Fed’s fresh emphasis on monetising debt, with dire implications for the rest of the world. Roughly 11m American households are in negative equity and therefore are saddled with mortgage debts larger than the value of their homes, 20 per cent or so of the 55.6m outstanding US mortgages. This is much worse than what we face in the UK. Even more worryingly, an additional 33 per cent – or 18.3m mortgages – enjoy an equity cushion of less than 10 per cent. So another one-tenth drop in house prices would take the number of Americans facing negative equity to over half. There are three problems with negative equity: by wiping out the wealth of individuals, it hits their spending and savings and robs them of any collateral against which they can borrow or set up a business; any default by individuals is translated into an actual loss for the bank; and homeowners cannot afford to sell to move to find a new job. The continuing housing crisis is one of the reasons why the Fed is so keen to engage in QE2. It worries that further house price losses could trigger a fresh round of massive, crippling write-offs at US financial institutions, bankrupt some and cause years of stagnation. Unfortunately, because the US is the world’s reserve currency, much of the liquidity the Fed is creating is seeping out of the country and ending up in Asia. Singapore, Hong Kong and others are facing bubbles through no fault of their own. The response is tension, the threat of trade sanctions and capital controls to prevent the inflow of money. There are other risks to the world economy. But the euro and the US housing market are the largest. At the moment, the most likely outcome remains continued growth next year. But watch this space. [email protected] whatsapp Two dangers to look out for in 2011 Share by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity Timesmoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comZen HeraldNASA’s Voyager 2 Has Entered Deep Space – And It Brought Scientists To Their KneesZen HeraldAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmReporter CenterBrenda Lee: What Is She Doing Now At 76 Years of Age?Reporter Centerthedelite.comNetflix Cancellations And Renewals: The Full List For 2021thedelite.comlast_img read more

Airtel Networks Zambia Plc HY2013 Interim Report

first_imgAirtel Networks Zambia Plc (ATEL.zm) listed on the Lusaka Securities Exchange under the Technology sector has released it’s 2013 interim results for the half year.For more information about Airtel Networks Zambia Plc (ATEL.zm) reports, abridged reports, interim earnings results and earnings presentations, visit the Airtel Networks Zambia Plc (ATEL.zm) company page on AfricanFinancials.Document: Airtel Networks Zambia Plc (ATEL.zm)  2013 interim results for the half year.Company ProfileAirtel Networks Zambia plc. is a major telecommunications service provider offering cellular radio solutions to private and corporate customers in Zambia. The company was known as Celtel Zambia plc. until a name change in 2013. Airtel Networks Zambia is a subsidiary of Bharti Airtel Zambia Holdings BV. A diverse and extensive range of products and services include caller ID, call waiting, international calling tariffs, roaming, voicemail services, chat and SMS text services, and Internet services. Other well-known brands in its portfolio include: Airtel Marketplace, a service that helps people find jobs, products and post adverts; Airtel Football, with latest information and updates on national soccer fixtures; Siliza, a service to request or borrow airtime; Airtel Portal, providing breaking news stories and sports updates, ringtones, wallpapers, video clips, and games and entertainment; Airtel Blessing, a Christian portal sharing Bible readings and church sermons. Value-added services include Airtel Life Insurance, Airtel Misses You, Caller Ring Back Tunes, Airtel Radio, Airtel Games Club to download and play games, Airtel Hello Tunes, Learn French, Me2U for airtime sharing, and 121 to connect buyers with sellers. Airtel Networks Zambia is listed on the Lusaka Stock Exchangelast_img read more

Praça Municipal 47 Building / Arquitetura Nacional

first_img “COPY” Photographs CopyApartments•Porto Alegre, Brazil Brazil Year:  Projects Save this picture!© Marcelo Donadussi+ 28 Share 2013 Area:  1532 m² Area:  1532 m² Year Completion year of this architecture project 2013 ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/515680/praca-municipal-47-building-arquitetura-nacional Clipboard Year:  ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/515680/praca-municipal-47-building-arquitetura-nacional Clipboard ArchDaily Apartments Praça Municipal 47 Building / Arquitetura Nacional Architects: Arquitetura Nacional Area Area of this architecture project photographs:  Marcelo DonadussiPhotographs:  Marcelo DonadussiSite Area:570,00 m²Project Year:2010Design Team:Eduardo L. Maurmann, Elen B. N. Maurmann, Paula Otto, Marcelo Della Giustina, Luiza Otto, Lucas Pessatto, Athena Guimarães, Janet Fernández, Ana Paula Restelli, Marco Calheiros, Marjory Bertoldo, Laís Adib, Bruna Tavares, Paula Sassi, Jefferson Scapineli, Jessica Schröder.City:Porto AlegreCountry:BrazilMore SpecsLess SpecsSave this picture!© Marcelo DonadussiPraça Municipal 47 is an example of the ongoing transformation of the project’s surrounding location: mid-rise residential buildings now occupy the place of old houses and small lots. Organic and irregular shaped roads characterize the residential environment, which is also influenced by height limitations imposed by the city airport.Save this picture!© Marcelo DonadussiThe project resembles a prismatic volume, involved in a wide solid contouring plate. The natural terrain’s slope accommodates the underground parking, while the ground floor detaches itself from the building creating a semi-covered square. At last, an inviting front garden leads people into the building through a retreated hall.Save this picture!Floor PlanEach floor arranges two apartments symmetrically to the vertical circulation, in a total of ten units. The north apartments face the lowland and river landscape ahead, while south apartments face the hills and the city skyline.Save this picture!© Marcelo DonadussiThe internal organization of each apartment considers two main areas: social and intimate. The social area organizes the access, the living room, dining and kitchen all into one single space, framed by a window that goes from floor to ceiling. The opposite wall to the dormitories accommodates the laundry room, barbecue grill and kitchen. Both suites are arranged side by side, and the smaller one shares its bathroom access with the living room.Save this picture!SectionIn the duplex units, the living room on the first floor extends itself onto the yet located dining and kitchen – now situated on the second floor and connected to a rooftop terrace.Save this picture!© Marcelo DonadussiThe main wooden-framed window enriches the living space, while in the master bedroom next door, wooden-pivoting shutters complete the facade’s design providing daylighting control. This articulation between wooden shutters and fully wide open windows creates a flowing composition, announced by movement in the main facades.Project gallerySee allShow lessFarming Cuba: Urban Agriculture from the Ground UpPublicationsShigeru Ban’s “Kooky” Architecture: Just What the World Needs?MiscProject locationAddress:Praça Municipal, 47 – Cristo Redentor, Porto Alegre – Rio Grande do Sul, 91040-400, BrazilLocation to be used only as a reference. It could indicate city/country but not exact address. Share “COPY” Praça Municipal 47 Building / Arquitetura NacionalSave this projectSavePraça Municipal 47 Building / Arquitetura Nacional CopyAbout this officeArquitetura NacionalOfficeFollowProductConcrete#TagsProjectsBuilt ProjectsSelected ProjectsResidential ArchitectureHousingApartmentsPorto AlegreHousingResidentialBrazilPublished on June 14, 2014Cite: “Praça Municipal 47 Building / Arquitetura Nacional” 14 Jun 2014. ArchDaily. Accessed 11 Jun 2021. ISSN 0719-8884Read commentsBrowse the CatalogPartitionsSkyfoldRetractable Walls – Stepped & Sloped SpacesVinyl Walls3MArchitectural Finishes DI-NOC in SkyPodsShowerhansgroheShowers – Croma EDoorsC.R. LaurenceMonterey Bi-Folding Glass Wall SystemTable LampsLouis PoulsenLamps – Panthella PortableBeams / PillarsLunawoodThermowood Frames and BearersSealantsEffisusMetal Roof Flashing – Stopper MRDropped CeilingsPure + FreeFormLinear Clip-Strip Ceiling SystemUrban ShadingPunto DesignPavilion – CUBEVentilated / Double Skin FacadeULMA Architectural SolutionsPaper Facade Panel in Nokia LibraryLouversAccoyaAccoya® Wood for Shutters and LouvresSpa / WellnessKlafsGyms & Relaxation RoomsMore products »Read commentsSave想阅读文章的中文版本吗?普拉萨市政47号公寓,木框立面 / Arquitetura Nacional是否翻译成中文现有为你所在地区特制的网站?想浏览ArchDaily中国吗?Take me there »✖You’ve started following your first account!Did you know?You’ll now receive updates based on what you follow! Personalize your stream and start following your favorite authors, offices and users.Go to my streamlast_img read more

The Real Cost to Bring Broadband to Rural Indiana

first_img Previous articleCounty Fair Season Prime Time for Biosecurity and the Real Cost to Bring Broadband to Rural Indiana on the Tuesday Morning EditionNext articleIndiana Broadband Map Updated Eric Pfeiffer The Real Cost to Bring Broadband to Rural IndianaMany lawmakers have been calling for improved access to high-speed internet for rural communities across the US.  Indiana has even created a new position, Director of Broadband Opportunities, that will serve as the “go-to” person in state government for everything broadband related.Jim Turner is the President and CEO of Indiana Fiber Network. IFN is not the company that will directly provide high-speed internet at your house or farm, but they do provide the backbone to many of those companies that will.  Turner says getting that access to your farm will not be an easy task.“Rural telephone companies serve about 5 percent of the access lines in the United States, but they represent about 40 percent of the land mass. I use that statistic because I think it gives you a sense of what the challenge is. The challenge is that it’s very expensive to build out high speed, and in our case high-speed fiber, networks. Hypothetically, think of it as maybe $40,000-$50,000 a mile to extend fiber facilities.”Turner says lawmakers are trying to figure out how to update old regulatory constructs to meet customers where they are now, which is to provide rural customers with the same type of service, at the same type of cost, as those in metro areas. He adds that incentives to internet providers will be a key part of any legislation.“In the absence of incentives, it would be a very profit destroying business for these companies. So, we want to incentivize them to build even to those harder to serve areas.”Turner says the industry needs to get creative in how to expand access. They recently contracted with Whitley County to provide broadband connectivity to businesses in their business park, and they look forward to other partnerships that will provide more connectivity to more people and businesses.“One of the things we’re seeing take place in Indiana is that the rural electric companies have begun showing an interest in building out fiber networks to their members. So, we’re looking at that not as a threat, but as potential partnership opportunities to help support those companies. They already have, obviously, some infrastructure in place with poles and lines in their particular areas. They already serve very hard to serve parts of the state with electricity. So, there may be an opportunity for partnership.”IFN is set to make a $100 million investment over the next 5 years to build out their network. The Real Cost to Bring Broadband to Rural Indiana SHARE Home Indiana Agriculture News The Real Cost to Bring Broadband to Rural Indiana SHARE By Eric Pfeiffer – Jul 10, 2018 Facebook Twitter Facebook Twitterlast_img read more

Trabzon police accuse Istanbul police of failing to prevent Hrant Dink’s murder

first_img April 28, 2021 Find out more Help by sharing this information News News Turkey’s never-ending judicial persecution of former newspaper editor Senior police and gendarmerie officials from Istanbul and the northeastern city of Trabzon blamed each other for the failure to take the necessary measures to prevent Armenian-Turkish journalist Hrant Dink’s murder when they were questioned at the end of last month by the parliamentary subcommittee for human rights as part of its probe into the Dink murder.The editor of the newspaper Agos, Dink was gunned down outside his newspaper’s office in Istanbul on 19 January 2007, some time after the Trabzon police learned of a plot to kill him.“We reiterate our call for all those investigating the role of the security forces in connection with the Dink murder to make every effort to establish who was responsible for what,” Reporters Without Borders said. “To this end, we think it is important that the police officers implicated should be tried at the same time as Dink’s alleged murderers.”When the parliamentary subcommittee questioned Trabzon intelligence department chief Engin Dinç on 28 February, he reportedly identified Erhan Tuncel, who is charged with being one of the masterminds of Dink’s murder, as a police informer. Dinç said he only spoke with Tuncel once to ask him to convince Yasin Hayal, another of the Dink trial defendants, not to kill Dink.Dinç accused Ahmet Ilhan Güler, the head of the Istanbul police intelligence department, of failing to react after the Trabzon police issued an alert about a murder plot. The accusation had already been made to the subcommittee by former Trabzon police chief Ramazan Akyürek, now head of police intelligence in Ankara. During his appearance before the subcommittee, Akyürek said he alerted the police in 81 cities of “possible attacks against minorities,” adding that “it was not necessary to identify Hrant Dink by name.” Akyürek directly accused Istanbul police chief Celalettin Cerrah of failing to react to his alert. According to Agos, the subcommittee has decide to question Cerrah again, this time in Ankara.The Dink family and its lawyers are calling for all the Trabzon and Istanbul police officers involved in the case to be charged and tried in Istanbul. Human rights groups warns European leaders before Turkey summit March 6, 2008 – Updated on January 20, 2016 Trabzon police accuse Istanbul police of failing to prevent Hrant Dink’s murder News Receive email alerts April 2, 2021 Find out morecenter_img TurkeyEurope – Central Asia RSF_en Journalists threatened with imprisonment under Turkey’s terrorism law TurkeyEurope – Central Asia News to go further April 2, 2021 Find out more Organisation Follow the news on Turkeylast_img read more

Slain Austin mom was friends for years with suspected kidnapper: ‘I hope she rots’

first_imgAustin Police Department(AUSTIN, Texas) — Heidi Broussard, the Austin, Texas, mom found strangled to death one week after she vanished, had been friends for years with Magen Fieramusca, who police believe is involved in her disappearance.“You were supposed to be Heidi’s friend,” Broussard’s friend, Rachel West, told “Good Morning America.” “I hope she rots.”Broussard, 33, and her infant daughter had been missing since Dec. 12 when Broussard was discovered strangled to death in a home near Houston on Dec. 19, according to officials.An infant girl was found alive and healthy at the scene, and police say DNA testing is underway to confirm that she is Broussard’s baby, Margot.Broussard’s friend, 33-year-old Fieramusca, was charged with kidnapping.According to an official briefed on the probe, police are investigating whether this alleged kidnapping was part of a plot for Fieramusca to take Margot as her own child.Investigators are aware that Fieramusca had allegedly been acting like she was pregnant and telling people that she was expecting a child, the official said. Authorities are now trying to determine whether she was, in fact, pregnant, the official told ABC News.Baby registries allegedly connected to the suspect were found online, the official said.West said she only met Fieramusca once, in May — “probably a month after Heidi found out she was pregnant.”But Fieramusca and Broussard had been friends for “probably 15 years, plus,” said West.West said she spoke to Fieramusca “the whole week” Broussard was missing — and never suspected Fieramusca may be involved.West said her friend’s “horrific” death has left her feeling “complete anger.”Broussard was adventurous, passionate and an “amazing mother” to baby Margot and her 6-year-old son Silas, said West.Now her son has “just lost his whole world,” West said.Fieramusca was booked at the Travis County Jail Friday night on two charges of kidnapping and one charge of tampering with evidence with intent to impair a human corpse.Additional charges are possible, police said Friday.Copyright © 2019, ABC Audio. All rights reserved.last_img read more

School with numerous violations permanently closes after 5-year-old dies under their care

first_imgABC News/KTRK(HOUSTON) — A daycare that had numerous violations has made the decision to permanently close their doors just days after a 5-year-old child mysteriously died while under their care.The George Bryan Christian School, which also goes by the name Kleinbrook Community Preschool, contacted authorities on March 4 to report a medical emergency involving a 5-year-old girl at the North Houston establishment, according to ABC News’ Houston station KTRK-TV.Neither the school nor the medical examiner has confirmed exactly what happened to the young girl but she was flown to a local area hospital due to the emergency where she later died, according to the Harris County Sheriff’s Office.Immediately after the incident, the officials at the school announced that it would be closed for the next two days due to death of the 5-year-old girl. However, parents received a letter on Friday informing them that the daycare center was actually closing its doors for good.“Although we are confident and absolute in our efforts as a team to continue to care for children, we have decided it is best that we take a temporary step back to mentally and physically recalibrate,” read the letter that was obtained by KTRK.The Texas Department of Health and Human Services also confirmed that it was the school’s decision to close and that the school has committed numerous violations since it opened in August 2016 with 13 of the violations against them weighted as “high,” 40 classified as “medium” and three deemed as “low.”The most recent violation against the school and daycare was allegedly in December when it was discovered that a caregiver who worked there had not gone through the proper background checks. Another incident in November details a report where children were left alone in the infant room while a new employee released a child. Records, however, show that the facility was in compliance at a follow-up inspection in that incident.The Texas Department of Family and Protective Services confirmed to KTRK that they are investigating the incident at the facility last week.The Harris County Sheriff’s Office is also conducting an investigation.No charges have been filed at this time, and according to the Harris County Sheriff’s office, no foul play is suspected but homicide detectives are still investigating. Copyright © 2020, ABC Audio. All rights reserved.last_img read more

Military pushes equality diversity programme

first_imgMilitary pushes equality diversity programmeOn 1 Apr 2003 in Military, Personnel Today Related posts: Previous Article Next Article Comments are closed. center_img The Armed Forces are establishing a ‘cradle to grave’ diversity programmefor all personnel in a bid to improve and promote equality in the services. The new system, currently being embedded in training schemes, will requireevery person in the military to achieve one of six levels of competency, inpromoting and dealing with a diverse workforce. Its development coincides with the publication of a report that claims theArmy is being undermined by its historically masculine culture. Commander Nick Foster, commandant with the Tri Service Equal OpportunityTraining Centre, said the programme is part of the services’ ongoing drive toimprove diversity and centralise methods. “We are articulating our policies in a much more co-ordinated way,across the three services,” Foster said. Within the first weeks of service, personnel will be trained to level one –learning about diversity issues, their rights and how to lodge a complaint. At other stages of their careers, military personnel will be required toreach more demanding levels of knowledge. Level six will be for ‘deep specialists’ – those teaching diversity, andlevel five will be specifically for senior officers and people involved inpolicy development. Foster said that if any gaps are apparent – for example in how to report acomplaint – training will be improved in that particular area. By Quentin Reade Features list 2021 – submitting content to Personnel TodayOn this page you will find details of how to submit content to Personnel Today. We do not publish a…last_img read more

A statistical comparison of SuperDARN spectral width boundaries and DMSP particle precipitation boundaries in the afternoon sector ionosphere

first_imgThe open-closed magnetic field line boundary (OCB) is best measured at the foot points of the boundary in the Earth’s ionosphere where continuous and extensive spatiotemporal measurements can be made. The ability to make routine observations of this type is crucial if accurate global measurements of energy transfer processes occurring at the boundary, such as magnetic reconnection, are to become a reality. The spectral width boundary (SWB) measured by the Super Dual Auroral Radar Network (SuperDARN) has been shown to be a reliable ionospheric proxy for the OCB at certain magnetic local times (MLTs). However, the reliability of the SWB proxy in the afternoon sector ionosphere (12:00-18:00 MLT) has been questionable. In this paper we undertake a statistical comparison of the latitudinal locations of SWBs measured by SuperDARN and particle precipitation boundaries (PPBs) measured by the Defense Meteorological Satellite Program (DMSP) spacecraft, concentrating on the PPB which best approximates the location of the OCB. The latitudes of SWBs and PPBs were identified using automated algorithms applied to 5 years (1997-2001) of data measured in the 12:00-18:00 MLT range. A latitudinal difference was measured between each PPB and the nearest SWB within a ±10 min universal time (UT) window and within a ±1 h MLT window. The results show that when the SWB is identified at higher geomagnetic latitudes (poleward of ~74), it is a good proxy for the OCB, with 76% of SWBs lying within 3 of the OCB. At lower geomagnetic latitudes (equatorward of ~74), the correlation is poor and the results suggest that most of the SWBs being identified represent ionospheric variations unassociated with the OCB, with only 32% of SWBs lying within 3 of the OCB. We propose that the low level of precipitating electron energy flux, typical of latitudes well equatorward of the OCB in the afternoon sector, may be a factor in enhancing spectral width values at these lower latitudes. A consequence of this would be low latitude SWBs unrelated to the OCB.last_img read more

EPA Takes Important Step To Protect Children From Exposure To Lead-Contaminated Dust

first_imgU.S. Environmental Protection Agency (EPA) Administrator Andrew Wheeler, along with Housing and Urban Development Secretary Ben Carson, announced new, tighter standards for lead in dust on floors and window sills to protect children from the harmful effects of lead exposure.“EPA is delivering on our commitment in the Trump Administration’s Federal Lead Action Plan to take important steps to reduce childhood lead exposure,” said EPA Administrator Andrew Wheeler. “Today’s final rule is the first time in nearly two decades EPA is issuing a stronger, more protective standard for lead dust in homes and child care facilities across the country.“EPA’s updating its standards for lead dust on floors and windowsills in pre-1978 homes and child-occupied facilities is an important advance,” said Secretary Carson. “We will use this new rule in updating the lead safety requirements for the pre-1978 housing we assist.”Since the 1970s, the United States has made tremendous progress in lowering children’s blood lead levels. In 2001, EPA set standards for lead in dust for floors and window sills in housing, however since that time, the best available science has evolved to indicate human health effects at lower blood lead levels than previously analyzed.To protect children’s health and to continue making progress on this important issue, EPA is lowering the dust-lead hazard standards from 40 micrograms of lead per square foot (µg/ft2) to 10 µg/ft2 on floors and from 250 µg/ft2 to 100 µg/ft2 on window sills. The more protective dust-lead hazard standards will apply to inspections, risk assessments, and abatement activities in pre-1978 housing and certain schools, child care facilities and hospitals across the country.Lead-contaminated dust from chipped or peeling lead-based paint is one of the most common causes of elevated blood lead levels in children. Infants and children are especially vulnerable to lead paint exposure because they their growing bodies absorb more lead than adults do, and their brains and nervous systems are more sensitive to the damaging effects of lead. They can be exposed from multiple sources and may experience irreversible and life-long health effects. Lead dust can be generated when lead-based paint deteriorates or is disturbed.The rule will become effective 180 days after publication in the Federal Register.FacebookTwitterCopy LinkEmailSharelast_img read more