Ex-Man City captain Yaya Toure open to Premier League returnby Paul Vegas9 months agoSend to a friendShare the loveFormer Manchester City captain Yaya Toure is open to a Premier League return.The midfielder has refused to rule out a return to the Premier League after an unsuccessful short spell at Olympiakos.“You never know, maybe the Premier League?” Toure said.“I enjoyed it, I enjoyed it to be honest.“If I can possibly play one more year or two years, we will see.” TagsTransfersAbout the authorPaul VegasShare the loveHave your say
zoomIllustration. Image Courtesy: Daniel Norris on Unsplash. Norwegian shipping company Belships ASA has issued new Belships shares to two European companies to complete the acquisition of a 63,000 dwt bulker. In April this year, Belships entered into an agreement to buy the Ultramax vessel M/V Sofie Victory.As informed, a total of 10,710,220 new shares have now been issued to Norway-based company EGD Ultra Eco AS and Cyprus-based Blossom Shipmanagement, sellers of the abovementioned ship.Following the issuance, there are 204,261,050 shares outstanding in Belships, each with a nominal value of NOK 2 (USD 0.23), the company said.The share capital increase relating to the share issue was registered in the Norwegian Register of Business Enterprises on July 4, 2019. The newly registered share capital of the company is NOK 408,522,100.The agreed vessel purchase price was USD 24.15 million, of which approximately USD 14 million was debt. The parties earlier agreed that, of the net consideration of approximately USD 10 million, USD 2 million was to be paid in cash, with the remaining amount to be settled through a proposed issue of new Belships shares.Belships currently has a fleet of 17 Supramax and Ultramax bulk carriers. Furthermore, the company expects to take delivery of one newbuilding in the first half of 2020.
Advertisement Advertisement Advertisement Exciting things are happening for Taylor Russell.The 22-year-old Vancouver actress, who is currently shooting Down a Dark Hall, the Lionsgate adaptation of Lois Duncan’s young adult novel, has been pegged to star as Judy Robinson in Netflix’s reboot of Lost in Space.The 10-episode family/sci-fi adventure, based on the 1960s TV series of the same name, will follow the Robinson family as they drift through space. Vancouver actress Molly Parker will play Russell’s mother Maureen Robinson, a role originated by June Lockhart.The Netflix series will begin shooting in Vancouver on Jan. 23. Login/Register With: LEAVE A REPLY Cancel replyLog in to leave a comment Facebook Twitter
Ryan Gosling doesn’t often get personal but says growing up in Canada gives him a unique perspective on life in Hollywood.“I think it was very helpful to grow up in Canada, or in a small town,” Gosling told CBC News in Los Angeles. “I think if you grow up here, it might be hard to remember that there’s a world outside of it.”The 36-year-old actor, who recently received a Golden Globe nomination for his role as a struggling jazz musician in the film La La Land, said unlike his character, his roots offered a safety net for what can be a tumultuous career. Advertisement Twitter “I always felt like I had something to go back to so the stakes weren’t ever that high.”Before the interview, Emma Stone, who was seated next to Gosling as they promoted La La Land, got playful about her co-star’s home country. Advertisement LEAVE A REPLY Cancel replyLog in to leave a comment Login/Register With: Facebook Advertisement
LEAVE A REPLY Cancel replyLog in to leave a comment Facebook In Season 2 of Red Button, viewers meet:Jadine, a bright and motivated writer who uses a wheelchair, who attends an independence camp away from her parents for the first time.Taryn, an overachiever who wants to prove to others that having a facial difference will never stop her.Tosconni, a transgender male suffering from depression and anxiety, who leaves home in hopes of finding himself.Abbigail, a young caregiver to her twin brother Andrew who lives with Tourette Syndrome and a mood disorder.Holly, an aspiring artist suffering from symptoms of psychosis, continually chasing an evasive medical diagnosis.Damion, a young man left with physical and emotional scars from childhood cancer treatment, who finds solace and friendship in a support dog.The storytellers of Red Button are given a smartphone, lightweight audio and camera gear, and a one-on-one media production workshop to learn the basics of filmmaking. With guidance from professional filmmakers, they record all aspects of their lives from their point of view. Once the episodes are shot, the footage is handed over to producers and editors. The most poignant and captivating moments are woven together into powerful narratives. The result is a beautiful combination of raw, unfiltered reality and sophisticated storytelling that spark conversations about a variety of topics including mental health, physical disabilities, and inclusion.CBC Gem offers more than 4000 hours of live and on-demand programming including more than 750 documentary titles. The streaming service also offers the ability to live stream CBC TV at any time with access to 14 CBC channels and their local newscasts across the country. CBC Gem is available for free as an App for iOS and Android devices and online at cbcgem.ca.-30-About Media HeadquartersMedia Headquarters is a leading Canadian television and digital media production company founded by executive producer Robert Cohen. The company is recognized worldwide for producing popular and innovative original content. Media Headquarters’ productions have earned dozens of international awards and the company has been recognized by Realscreen’s ‘Global 100’ List celebrating the world’s best non-fiction producers for seven years in a row. Media Headquarters specializes in the creation of documentary, reality, competition, lifestyle and scripted programming. For more information visit www.mediahqs.ca.About CBC/Radio-CanadaCBC/Radio-Canada is Canada’s national public broadcaster. Through our mandate to inform, enlighten and entertain, we play a central role in strengthening Canadian culture. As Canada’s trusted news source, we offer a uniquely Canadian perspective on news, current affairs and world affairs. Our distinctively homegrown entertainment programming draws audiences from across the country. Deeply rooted in communities, CBC/Radio-Canada offers diverse content in English, French and eight Indigenous languages. We also deliver content in Spanish, Arabic and Chinese, as well as both official languages, through Radio Canada International (RCI). We are leading the transformation to meet the needs of Canadians in a digital world. Advertisement Login/Register With: Advertisement Advertisement TORONTO – The second season of the powerful youth-driven documentary series, Red Button, will be available to stream exclusively on CBC Gem beginning Friday, June 7. The six-part, half-hour series takes an innovative approach to storytelling where young documentary subjects turn the camera on themselves to break down misconceptions, prejudices, or stereotypes they face. Following a successful debut season in 2018, the second season invites viewers inside the lives of teens living with differences, who do not normally see themselves represented on screen.“As Canada’s leader in documentary programming, we are committed to reflecting more of the country we serve through innovative storytelling.” said Jennifer Dettman, Executive Director, Unscripted, CBC. We’re incredibly grateful to these young filmmakers who are opening up their lives to the country and sharing their deeply personal stories with us.”“I’m very proud of this season’s six remarkable storytellers,” said Robert Cohen, CEO and Executive Producer, Media Headquarters. “They take us into their worlds and into their hearts with unflinching honesty, bravery and flair — and that’s what makes Red Button so special. Through their unfiltered lens, viewers get access to very personal and important stories about living with differences.” Twitter
WASHINGTON – Prime Minister Justin Trudeau emerged from a day of meetings in the U.S. capital Wednesday continuing to champion a continental trade deal that many around him suggest may be doomed.But even Trudeau finally acknowledged his enthusiasm for the North American Free Trade Agreement can only go so far and there exists the possibility the trilateral pact with the United States and Mexico is in trouble.“It is very important and very possible to get a win-win-win … out of these negotiations,” Trudeau told a news conference on the roof of the Canadian Embassy.“So saying, I think it’s been clear that circumstances are often challenging, and we have to be ready for anything — and we are.”What anything could look like was raised by U.S. President Donald Trump in his talks with Trudeau earlier Wednesday at the White House.Terminating the deal is one option he alluded to, and in the past Trump’s said doing so would allow something completely new to be written.Or perhaps separate bilateral deals with Canada and Mexico will be the way forward, the president suggested.“It’s possible we won’t be able to reach a deal with one or the other; in the meantime we’ll make a deal with one,” he said.But the U.S. president also said it’s too early to give up on the negotiations, which resumed Wednesday in nearby Alexandria, Va.“I think we have a chance to do something very creative that’s good for Canada, Mexico and the United States.”Trudeau heads Thursday to Mexico for his first official visit to the country and his sit-down with President Enrique Pena Nieto comes as officials in that country appear to be preparing for the deal to collapse.Mexico’s foreign relations secretary, Luis Videgaray, said Tuesday his country won’t accept “limited, managed trade,” an apparent reference to demands for higher U.S. and regional content rules on products like automobiles.“We have to be prepared to say no, and if necessary to get up from the table and if necessary leave the treaty,” Videgaray said, adding, “It would not be the end of the world.”Trudeau wouldn’t say Wednesday at what point Canada might be prepared to walk away, if ever.But repeating the “ready for anything” sentiment multiple times suggested a conscious decision to acknowledge that the outcome of the talks may not go Canada’s way.“I continue to believe in NAFTA; I continue to believe that as a continent working together in complementary ways is better for our citizens and better for economic growth, and allows us to compete on a stronger footing with the global economy,” Trudeau said.“So saying, we are ready for anything and we will continue to work diligently to protect Canadian interests, to stand up for jobs, and look for opportunities for Canadian business and citizens of all of our friends and neighbour countries to do well.”Trudeau didn’t rule out bilateral deals either.“We are very aware that there are other potential paths out there, we will address them as they arise.”Trump’s commerce secretary, Wilbur Ross, said it’s not new that Trump would consider bilateral agreements.“The president had indicated earlier that he was receptive to a trilateral, or two matching bilaterals, or (ending) NAFTA,” he told a panel discussion late Wednesday.“I think all he’s really saying is he’s keeping his options open.”There are multiple sticking points in the talks, some of which were raised at meetings Trudeau held earlier Wednesday with the key House of Representatives committee that oversees trade.The committee chair, Republican Kevin Brady, called the countries, “great allies,” and said, “when North America wins, America wins.”But he also asked for more access to Canada’s dairy market. A Democratic colleague called on Canada to loosen its protections for cultural industries, exempted from the current NAFTA.Trudeau defended Canada’s limits on dairy imports, according to a lawmaker present in the meeting, saying the prime minister countered by pointing out the U.S. has plenty of support programs propping up its own farmers.– with files from Alexander Panetta and the Associated Press
Jalore: Congress president Rahul Gandhi on Thursday accused Prime Minister Narendra Modi of doing “injustice” to the people of the country in the last five years, saying the ‘acche din ayenge’ slogan has now been replaced by ‘chowkidar chor hai’. Gandhi was addressing an election rally at Jalore in Rajasthan. “Demonetisation and GST were ways to rob poor, labourers, small traders, the Congress’ NYAY scheme will benefit them,” he said. Also Read – India gets first tranche of Swiss bank a/c details “Five years ago there was a slogan ‘acche din ayenge’. Now people say ‘chowkidaar chor hai’ everywhere in the country,” Gandhi said while addressing the rally here. The Congress president said if his party is voted to power, GST will be simplified, 22 lakh government jobs will be given in one year and no permission will be required for three years for start-ups. “Not a single farmer of the country will be jailed for not paying off bank loans if the Congress voted to power,” he said.
Content aggregator and distributor Alchimiehas signed a three-year agreement with Altice France/ SFR to provide the operator with 2,000 hours of documentaries for SFR’s factual VOD channels for its Power and Premium subscribers. Alchimie will provide SFR with a selection of 2,000 hours of documentaries spanning nature, culture, travel, history, science and technology programming. The shows will be themed into range of topics such as Nature, Culture, History, Society and Travel and will be available in the replay category of SFR Power and Premium subscribers.“We’re delighted to partner with SFR. This deal demonstrates Alchimie ability to offer a selection of the best of factual programming, one of the most extensive in Europe, across a range of topics that can be tailored to the subscribers’ interests of any pay TV operators in Europe. We’re also proud that SFR has assigned Alchimie with the task to animate its Documentary Replay category with the objective to maximise subscribers engagement,” said Nicolas d’Hueppe CEO of Alchimie.Alchimie themes, curates and promotes channels in partnership with rights holders and owners on a revenue share basis, Alchimie’s services provide digitisation, translation, subtitles, dubbing and promotion.The company also offers Watch-It!, a branded OTT platform that aggregates third-party channels on a number of platforms. The outfit recently struck a new deal with France’s Mediawan to provide replay/catch up service for nine Mediawan linear channelsto subscribers on Watch-It!
buncranaGARDAI BELIEVE PEOPLE ARE WITHOLDING INFORMATION ABOUT MURDER OF ANDREW ALLENraad Derry man Andrew Allen was shot dead by RAAD in Co Donegal in February 2012GARDAI believe people are with-holding information which could help them find the killers of Andrew Allen.The 24 year old was gunned down in Buncrana in February, 2012.Now on the fifth anniversary of his death, Gardai have issued an appeal to anybody who may have information on the cold-blooded killing to get in touch. Mr Allen’s partner miraculously escaped injury when gunmen burst into their home at Links View Park and fired a number of shots.Gardaí have said that the 24-year-old had moved to Donegal after he became the target of the vigilante group Republican Action Against Drugs in his native Derry. The dissident group claimed responsibility for the murder.Now, five years after his murder, gardaí have again made an appeal for anyone with information to come forward.The scene of the murder of Andrew Allen in Buncrana in 2012.A spokesman said “To date a number of people have been arrested and questioned in connection with the investigation. “An Garda Síochana are grateful for all the witnesses that have come forward and made statements but gardaí believe that there are still people in our community who have information which may assist the investigation.”Throughout the investigation, gardaí have worked closely with the PSNI.Anyone with information is urged to contact the incident room at Buncrana Garda Station on 074 93 20540 or use the Garda Confidential Telephone Line 1800 666 111.GARDAI BELIEVE PEOPLE ARE WITHOLDING INFORMATION ABOUT MURDER OF ANDREW ALLEN was last modified: February 8th, 2017 by John2John2 Tags: ShareTweet
In This Issue… * Very tight range for currencies… * Gold takes two steps back… * Eurozone Summit begins tomorrow…. * Don’t feed the Animals… And, Now, Today’s Pfennig For Your Thoughts! A Plan To Have A Plan? Good day… And a Wonderful Wednesday to you! I’m at a loss this morning… Usually, I have done some reading the previous night, and come to work loaded for bear… But that didn’t happen last night, as Alex and his band mates had “band practice” in my man cave / basement… While I love listening to Alex play his guitar, the beating of the drums gets to me after about, oh, 5- minutes! So, I went upstairs, to watch the baseball game… and since my computer is downstairs… no reading! Which means this could be short-n-sweet today… and then again, you never know with me, once I begin to bang on the keyboard with my fat fingers! And never knowing what’s going to happen next is the trading pattern we’ve been thrust into these past months, but even more so now, as the Central Bankers around the world, begin to figure out, what they could have learned years ago, by reading the Pfennig, and that is… they can’t control the economy like they think they can! And with every Central Bank meeting between the U.S. and Eurozone, the lead up to the meeting is full of anticipation, and then are left with disappointment… The markets want more from the Central Banks, but… they’ve done just about all they can do, and none of it works… You know, if they had just looked at Japan, they would have learned long ago that Central Bank meddling into the economy doesn’t work over time. Sure, there are short-term blips of positive response but those last about as long it takes to get lathered up about the economy… and then the disappointment sets in… Well.. I did an interview with The Street.com yesterday, and we talked about Gold, and a few other things. I made the point that while it doesn’t make sense to me, that investors are selling Gold ahead of the Eurozone Summit this week, as most people believe the Eurozone leaders will disappoint the markets… And since the markets have had their share of disappointment lately (see Ben Bernanke x 2) they are selling Gold and buying dollars. OK.. to prepare for disappointment is sound in my opinion… But to sell Gold when there is uncertainty in the world, on both sides of the Atlantic? I don’t find that as sound… But, as I told the reporter, I learned long ago that the markets are never wrong… I might not agree with them, but you don’t try to fight them. Instead, you do the old Ali, rope-a-dope… All this talk about disappointment isn’t carrying over to what you’re feeling while you read the Pfennig this morning! Yes, I’ve been very serious so far.. not the usual Chuck stuff… Don’t worry, it’s coming! Yesterday, we saw the currencies bounce around in a very tight range, with no direction and no conviction to more either way. Gold lost $13.. So, it’s one step forward, two steps back with Gold these days… But I don’t worry.. can you see me as Alfred E. Newman, with a balding head, and a big beer belly, saying, “What, me worry”? As I told the reporter yesterday, Gold’s backing off this year certainly gives all those that missed the boat the first time, cheaper levels to buy… This morning, I turned on the currency screens and noticed that ½ of the currencies were in the red, and the other ½ were in the green… Red is bad.. green is good… And Gold is down another $5 this morning… one step forward, two steps back.. I really don’t believe we’ll see much movement in either direction today for the currencies, as the markets await the Eurozone Summit which begins tomorrow… OK… last week, I wrote about what I believe the Eurozone leaders need to do to calm the markets at this summit… so I won’t get into that again, but… I’m afraid we’re not going to get what I believe is needed… There’s been some “leaking” of news before the Summit, and it appears that the Eurozone leaders are going to opt to come up with a “plan to have a plan”… Uh-Oh! I don’t think that’s going to calm the markets, but, as I said above… we don’t know how the markets will react… Maybe they’ll be buffaloed into thinking that this is good, just like they were last summer when the U.S. debt commission couldn’t come up with spending cuts, and the so-called “automatic cuts” were supposed to take over… From what I read this morning… the “plan to have a plan” will go about ½ of the way toward what I said was needed, by providing an accurate diagnosis of the challenges facing the Eurozone, and the steps that will need to be taken… They’ll talk about the 4 pillars: growth, banking union, fiscal union, political union) but they won’t get past that discussion… And then the “plan to have a plan” will put off the next phase until late fall, and maybe even into winter! So… you see, if the markets get a sniff of this like I did, then the disappointment will really set in… unless, like I said above, they get buffaloed… And the Eurozone leaders need time to put pressure on Germany to agree to all the things in the “plan”… It all begins tonight when German Chancellor Angela Merkel sits down to dinner with French President, Hollande… Mr. Hollande will attempt to use his “French charm” and get the German Chancellor to weaken her stance… Whoa, that almost sounds like the beginning of one of those romance novels or whatever they call them! But… what will most likely happen is that Angela Merkel will use Jedi mind tricks on Hollande and he won’t know what hit him! I know what that feels like, as I’ve had Jedi mind tricks played on me for years… HA! Chris Gaffney and yours truly, say that the Big Boss Frank Trotter, plays Jedi mind tricks on us… The global growth prospects got a boost overnight, when the China Securities Journal talked about the country introducing more proactive policies to ensure stable growth in the world’s second largest economy. Then the Xinhua News Agency said that “China plans to boost Hong Kong’s integration with mainland financial markets”… As I’ve told you all a couple of hundred times before… China still has the Treasure Chest stuffed full of reserves that can be used to stimulate their economy without going into debt doing so… But even more, China has more tools to use, as they have not painted themselves into a corner like Japan, the U.S. and the Eurozone have done by cutting interest rates to the bone and then gone to Quantitative Easing… And, like I told you all two years ago, when economists and analysts said that the Chinese economy would collapse, I said that it would moderate, but not collapse… and that’s exactly what’s happening! I love it when a plan comes together! Well… Italy auctioned some bonds this morning, and actually saw decent demand for their debt, and yields actually fell for the first time in a month of Sundays… But, even this news isn’t enough to take the markets focus off the Eurozone Summit that, like I said previously, begins tomorrow… Here in the U.S. we’ll see the color of Durable Goods Orders for May, and Pending Home Sales data from May… Not much in the way of market moving data… The “experts” are forecasting an increase in Durable Goods Orders of .5%… and Top lawmakers in the Senate say they have reached a deal on freezing student loan rates for another year.. But get this… but they are still deciding the mechanics for how the proposal should make its way through the legislature before Congress leaves for the July 4th holiday week… Hey, just pass it, no wait! Chuck don’t go there! Other than that… U.S. Consumer Confidence fell for the 4th consecutive month in June… The index number dropped from 64.4 in May to 62 in June… You know me… not that I want to see this, but it’s finally going in the direction I believe it should have been going all along, given the Wars, the debt, the unemployment, and the list goes on… So, maybe this is playing catch-up now… And in the category of “What the heck is going on here”? Gary Gensler, chairman of the U.S. Commodity Futures Trading Commission,( CFTC) (you know the guys I complain about all the time for not doing their jobs) said regulation inevitably will lead the agency to go beyond domestic borders to police the derivatives market. He’s not the only one who sees it that way. “We are looking at the CFTC effectively becoming the global swaps regulator,” said Hannah Gurga, head of European affairs at ICAP. “Maybe that will be a good thing for financial stability, but it’s something overseas regulators need to be grappling with quite seriously.” Isn’t that the way things go in life? Screw up something beyond recognition, and get more powerful… Lynyrd Skynyrd is singing… You Got That Right on the iPod right now, so I guess they are answering my pondering.! Then There Was This… Ok… yesterday, I talked about how the U.S. Gov’t was recruiting people to sign up for food stamps… I find this to be totally wrong… well, a couple of readers sent me a note that just made me laugh and laugh… So… here goes…“The Food Stamp Program, administered by the U.S. Department of Agriculture, is proud to be distributing the greatest amount of free meals and food stamps ever.Meanwhile, the National Park Service, administered by the U.S. Department of the Interior, asks us to “Please Do Not Feed the Animals.” Their stated reason for the policy is because the animals will grow dependent on handouts and will not learn to take care of themselves.” Chuck again… talk about ironic! And that’s all I’ll say about that! To recap… a very tight range for the currencies yesterday lead us into what will probably be another tight range trading day for the currencies ahead of the Eurozone Summit which begins tomorrow… Chuck believes the Eurozone leaders will leave the markets with disappointment, unless that is they are buffaloed like they were last summer here in the U.S. Currencies today 6/27/12… American Style: A$ $1.0085, kiwi .7905, C$ .9755, euro 1.2495, sterling 1.5625, Swiss $1.04, … European Style: rand 8.3765, krone 6.02, SEK 7.07, forint 229.15, zloty 3.40, koruna 20.7470, RUB 32.90, yen 79.65, sing 1.2765, HKD 7.7585, INR 57.16, China 6.3565, pesos 13.74, BRL 2.0760, Dollar Index 82.39, Oil $78.95, 10-year 1.62%, Silver $26.89, and Gold… $1,569.20 That’s it for today… You know, I sounded like I didn’t like the band having practice at my house, but I have to say that it does remind me of when I played the guitar in a band and we practiced in my basement… My mom used to come downstairs and listen to us… she was our biggest fan… So… good memories there… I prefer to remember my mom from those years, for as she grew older she was stricken with MS, and then he whole persona changed… Well, college football finally has a playoff system! YAHOO! It will begin in 2014… and in the first year of the playoff my Missouri Tigers will be the Champs! Ok… I know, but I can dream right? And with that… I’ll dream that you loved the Pfennig today, and can’t wait for tomorrow’s! Now, go out and have a Wonderful Wednesday! Chuck Butler President EverBank World Markets 1-800-926-4922 1-314-647-3837 www.everbank.com
Dear readers,As you may recall from Monday’s Daily Dispatch, I’ve just returned from China and shared some thoughts about the place. This would seem to be a good time to share one of our last video conversations from the Recovery Reality Check Summit we held in Florida three months ago. Please note that while my tone was more bullish on China than this conversation – and I stand by my observations – that bullishness is regarding the mid to long term. In the near term, I’m quite sympathetic to the idea of more bubbles popping in China, and serious consequences ensuing for the global economy, as outlined by Gordon Chang in this interview.I also note that since this conversation was recorded, Gordon has been shown right regarding China’s increasing reliance on the US; the US has officially become China’s top trading partner, displacing the EU.Also, while in China last week, I heard of a young man sentenced to four years in jail for spray-painting “CCP Game Over” on a wall. The China Communist Party was never known for its sense of humor, and it seems to have much less of it these days. Several political observers I met in the country think the power struggle will ultimately be positive for China, resulting in the country moving toward greater freedom. In the meantime, it could have negative economic consequences, as per Gordon’s views below.On the bright side, Gordon agrees with me that whatever happens, even in the near term, the trend in China is bullish for gold.Whether we agree or disagree with all that Gordon has to say, the topic could hardly be more important for our investments. I hope you enjoy the conversation.Sincerely,Louis JamesSenior Metals Investment StrategistCasey Research Gordan Chang, author of The Coming Collapse of China and Nuclear Showdown: North Korea Takes on the World, was a faculty member of the last Casey Research investors’ summit. The next conference – Navigating the Politicized Economy – will be held in sun-drenched Carlsbad, California, September 7-9 and is being co-hosted by Sprott, Inc.This timely investors’ conference is designed to help further your understanding of the world’s increasingly centralized economies so that you can profit from the market dislocations they are creating. Many financial luminaries will be on hand, including David Walker, former United States Comptroller General; Karl Denninger, author the daily market commentary The Market Ticker and operator of Ticker Forum, an online trading community; and G. Edward Griffin, author of the best-selling book on the founding of the Federal Reserve Bank, The Creature from Jekyll Island.These are but a few of the new faces you’ll see in Carlsbad. Also appearing will be our own Doug Casey, resource investing legend Rick Rule, who founded Global Resource Investment (now part of the Sprott Group of companies), and Lacy Hunt, executive vice president of Hoisington Investment Management Company (HIMCO) and the attendees’ favorite speaker at our last Summit.This is just the tip of the iceberg, as we’ll have many more speakers, not to mention special sessions on alternative investments, precious metals, the energy market, and more. Plus, we’ll have roundtable discussions on the best investment strategies to implement right now, question-and-answer sessions, and specific stock recommendations that could pay for the cost of your Summit registration many times over.
Copyright 2019 NPR. To see more, visit https://www.npr.org.
A user-led campaign is celebrating a £200, 000 “birthday gift”, after the Scottish government announced funding that will pay for some of the extra costs faced by disabled people who want to stand in next year’s local government elections.One in Five a cross-party Scottish campaign which was launched a year ago, said the announcement of the new Democratic Participation Fund for Disabled People – which will be run by Inclusion Scotland on a pilot basis until May 2017 – was “magnificent news”.The fund will run alongside the Access to Politics for Disabled People project, which is offering non-financial support to disabled candidates standing in May’s election to the Scottish parliament and prospective candidates for the 2017 elections.The £200,000 funding could embarrass the UK government, as its own Access to Elected Office fund has been lying dormant since the 2015 general election while its effectiveness is reviewed.Jamie Szymkowiak, founder of One in Five, said the announcement provided disabled people with “plenty of time to consider standing for selection in the 2017 local government elections”.Marco Biagi, Scotland’s minister for local government and community empowerment, said: “We know disabled people often find it difficult to access elected offices due to the many barriers that exist, and the additional cost of being disabled is one of them.“I am delighted to announce this funding, which comes as a direct response to one of the key demands from disabled people’s campaign organisations, who all highlight that funding is a major barrier for disabled people to even consider accessing politics.”Pam Duncan-Glancy, Labour’s One in Five ambassador, said the announcement was “a great birthday present” for One in Five.She said: “Paying for the extra costs associated with being disabled – like covering the costs of personal assistants or accessible travel – is a huge barrier.“This fund will make immeasurable difference to disabled people seeking to be involved in politics. We are proud to have been key to making it happen.”Inclusion Scotland research has found that less than five per cent of MSPs are disabled people.Sally Witcher, chief executive of Inclusion Scotland, said: “This new fund has the potential to make a real difference, not just to individual disabled people, but ultimately to the strengthening of Scottish democracy.“Participation in public and political life is everyone’s human right and there is much work to do to ensure that this right can be fully exercised by disabled people.”Deborah King, co-founder of Disability Politics UK, said: “The Scottish government are leading the way in helping disabled people become elected politicians.“The UK government needs to move faster and introduce a larger fund in England and Wales.”She added: “We also want Scottish politicians to press the UK government to change electoral law to enable job-sharing in elected political office, so that more disabled people and carers can stand for election.“This is needed in local, regional and national government.”Members of One in Five and other disabled people’s organisations celebrated the campaign’s first anniversary outside the Scottish parliament this week (pictured).They called for political parties to make this May’s elections as accessible and inclusive as possible, by taking measures such as producing manifestos in accessible formats, subtitling campaign films, hosting hustings in accessible venues, providing more British Sign Language interpreters, and extending the use of livestreaming of campaign events.Since its launch, One in Five has signed up more than 40 political organisations and local party branches to its five-point charter.It has also persuaded the Scottish government to change the rules governing elections to the Scottish parliament so that spending on a parliamentary candidate’s disability-related costs will no longer count towards the legal limit on their election expenses.Duncan-Glancy said: “The challenges facing disabled people in politics are numerous and we have been quite overwhelmed by the engagement of all political parties in Scotland who have embraced the challenge with open arms, honesty and a thirst to do better.”
Disabled campaigners and politicians have raised serious concerns about the social care inspection regime, after last week’s revelations that the number of cancellations and postponements rose by more than 360 per cent in just one year.The Care Quality Commission (CQC) has so far refused to say why the number of inspections of adult social care services that were cancelled or rescheduled rose so sharply from April 2015 to April 2016.The figures – revealed by CQC after a freedom of information request by Disability News Service (DNS) – show 25 inspections were cancelled in April 2015, rising to 103 in April 2016, while the number of inspections rescheduled increased from 25 in April 2015 to 130 in April 2016.Despite CQC’s refusal to explain the rise, the Department of Health (DH) was in disarray this week, suggesting at one point that “ultimately the cancellations are a result of funding and fee issues, of which we would not comment”.But when DNS tried to clarify how the fees CQC charges care services to be regulated was connected with a rise in the number of cancelled inspections, a DH spokeswoman said she was “not attempting to make a direct link between funding and cancellations”, and then that it “would be both incorrect and wrong to quote me as suggesting that fees and funding are linked”.Despite the continuing refusal of both DH and CQC to explain why cancellations and rescheduled inspections have risen so sharply, disabled campaigners and politicians have suggested that the figures pose serious questions about the way CQC is being run.Professor Peter Beresford, co-chair of the service-user network Shaping Our Lives, said there had been concerns ever since CQC replaced its predecessor organisations about whether it was well-funded enough to “make possible the sensitive and thoroughgoing regulation that the human services for which it has responsibility demand”.Beresford said CQC had continued to make news “for all the wrong reasons” since its launch.He said this may reflect “the worrying state of social care more generally” but that the cancellation figures provided “no reassurance” that CQC was able to take on the “increasingly difficult and important role it has to play across social care and health”.He said: “Perhaps a root and branch review is now needed and one that puts service-users and carers more strongly at the centre of its operation – rather than apparently weakened, as its poor handling of the Experts by Experience issue has suggested.”Jonathan Bartley (pictured), the Green party’s work and pensions spokesman, who is standing alongside Caroline Lucas in a job share to lead the party, said CQC’s regime of adult social care inspection “appears to be disintegrating”.He said: “The potential impact that so many cancelled inspections will have on rooting out abuse and other poor practice in places where so many people are potentially vulnerable is alarming.”Labour’s shadow minister for social care, Barbara Keeley, also raised concerns after being shown the figures by DNS.She said: “It is worrying to see such a significant increase in the number of CQC inspections being cancelled and rescheduled.“These cancellations, especially if they are last-minute, can be disruptive to staff and to service-users.“We need an effective body to root out abuse and raise quality standards in social care.“Ministers need to reconsider the cuts they are making to the CQC’s budget and whether this is impacting on the organisation’s ability to do its job properly.”The freedom of information request was originally submitted by DNS in an attempt to discover the impact of changes to CQC’s troubled Experts by Experience (EbE) programme.Earlier this year, three of four new contracts to run the EbE programme – in which people with experience of using services accompany CQC inspectors on their visits – were handed by CQC to Remploy, the disability employment business formerly owned by the government but now mostly owned by the scandal-hit US company Maximus.In February, DNS reported that these contract awards had led to confusion, chaos and a stream of resignations by Experts, particularly over Remploy’s decision to slash their hourly rates of pay.The CQC figures show that inspections that were cancelled or rescheduled as a result of “insufficient non-CQC resources” (which includes those where there were problems finding Experts to take part) rose from six in July 2015 to 26 in April 2016, an increase of more than 330 per cent.Sue Bott, deputy chief executive of Disability Rights UK, said she believed the Experts by Experience programme had been “corrupted to fit in with austerity budgets”, while the “spirit and purpose of the programme has been lost”. Bott led the National Centre for Independent Living when it developed the programme with CQC’s predecessor, the Commission for Social Care Inspection, working with local disabled people’s organisations (DPOs), which she said was “still the best way of running a programme like this”. She said: “A number of DPOs including ourselves and Spectrum sent a letter of concern about the last tendering process to CQC, but our concerns were not addressed.“Experts have to be locally recruited and supported in the community. This work is not suitable for large national contractors.”She added: “I’m not surprised people feel let down and no longer want to have anything to do with it.“It’s not just a question of recruiting experts but also providing support during and after the inspection. “If this doesn’t happen then many people are excluded from being able to take part. “The hourly rate is a crucial principle to get right as it reflects respect for the expert. Lowering the fee undermines this principle.”Last week, journalist and former Expert by Experience Claire Bolderson wrote in her blog that the Remploy part of the EbE programme was “in chaos”, with Experts “leaving in despair”, emails going unanswered, and some Experts being asked to travel “absurd distances” to inspections, while senior Remploy staff had apparently been told by CQC in April that “the company was ‘non-compliant’ in almost a dozen areas”. Meanwhile, the Commons public accounts committee has warned that the Department of Health (DH) is not doing enough to safeguard the interests of disabled adults and other service-users receiving personal budgets for social care.Its report was published against a background of increasing demand for adult social care, but a real terms fall in spending by English local authorities.The committee concluded that it was “not assured that local authorities can fully personalise care while seeking to save money, and are concerned that users’ outcomes will be adversely affected”.It criticised DH for its “complacent” response to concerns about social care funding, as it had told the committee that this had been addressed through the spending review process, which introduced new powers for local authorities to raise council tax by an extra two per cent to increase social care funding, and provided extra money through the Better Care Fund.The committee also warned that adults who receive council-funded social care “are not yet getting the support they need consistently in order to get the most out of personalising their care”.And it pointed out that DH does not believe that “everyone counted by local authorities as having a personal budget does actually have genuine choice and control over the services they receive”.The report calls for more research to show how local authorities can implement personal budgets “to maximise benefits to users”.The previous day, the Commons communities and local government committee launched an inquiry – and an appeal for written evidence – into “the financial sustainability of local authority adult social care and the quality of care provided”.Clive Betts, the committee’s chair, said that adult social care was “coming under increasing pressure as a result of growing demand and declining local authority budgets”.He said: “Our inquiry will look at the financial sustainability of this care and support to see what can be done to allow councils to continue to meet their legal obligations for future generations.”
Three unions are boycotting a scheme that aims to monitor the number of disabled people and other minorities working in the broadcasting industry, because of its failure to release a detailed breakdown showing figures for individual programmes.Delegates at the TUC disabled workers’ conference in Bournemouth heard that the flaws in Project Diamond meant disabled people were “still likely to be denied access to work” and the ability to “change public perception in a positive way”.They heard that the refusal of workers in the industry to fill in Project Diamond monitoring forms was heaping pressure on the broadcasting industry over its refusal to release programme-by-programme data.The monitoring system was created by broadcasters BBC, Channel 4, ITV and Sky through the Creative Diversity Network, and aims to capture the equality data of all those working on programmes they commission.But the conference also heard that if a disabled character is played on television by a non-disabled actor, that is still counted in Project Diamond statistics showing how many roles are perceived by audiences to be disabled characters.Natasha Hirst, from NUJ, the journalists’ union, said it was “absolutely disgraceful that that is considered acceptable across the industry”.Proposing a motion that called on the TUC to demand transparent data and for potential penalties for offending broadcasters from the regulator Ofcom – which was passed unanimously – Hirst said the industry’s failure to release detailed figures meant “we cannot drive through the change and the transformation we need to see in broadcasting”.The Project Diamond monitoring scheme is currently being boycotted by NUJ, the Writers’ Guild of Great Britain and the media and entertainment union BECTU, although not by the actors’ union Equity.Hirst said the boycott has been effective because workers had been refusing to fill in the monitoring forms.She said: “It is a great example of the power of action the trade union movements can have in creating and influencing change.”She added: “Disabled people are being denied the opportunity to work by the casting of disabled people in roles we should be filling.“We need complete transparency from the media companies if Project Diamond is going to have the impact we need it to have. The way it is being done is wrong.”Phoebe Kemp* (pictured, right, with Hirst), an Equity delegate, who seconded the motion, said: “We have to have access to the full statistics. We know they have the information, they won’t give it to us.”She also raised concerns about non-disabled people playing the roles of disabled characters.She added: “Nothing About Us Without Us. It is time for the broadcasting and entertainment industries to take note of that.”The conference also unanimously passed an Equity motion which criticised the continuing use of non-disabled actors to play disabled characters.Simon Balcon said that most delegates would consider such practices to be “akin to blacking up”.He said: “Great progress has been made in the area of representation in terms of race and sexuality but much more is needed to provide realistic portrayals of disabled people.”Mik Scarlet, an NUJ delegate, said: “When you go for a casting and you are disabled, it is most likely that you will not get the role.“They will see you because they can tick a box to say they have seen some disabled actors and then they will give it to a non-disabled actor.“What it means is the portrayal is not real.”Iain Scott-Burdon, from Unison, said he was “absolutely fed up” with seeing producers “hiring fakes” for films and television dramas.He said: “Non-disabled people playing our parts; they are as fake as you can get.“We need real, authentic Deaf and disabled people, professionals and experts at what they do.“We need to stop hiring fakes.”He also highlighted a positive example in which producers hired a Deaf child actor, Maisie Sly, for the Oscar-winning short film The Silent Child, which Scott-Burdon said was “really well received by the Deaf community”.*During the conference, Kemp performed an extract from her new one-woman play, May, based on the life of the disabled suffragette Rosa May Billinghurst
Apply Now » Facebook Mozilla has temporarily pulled its advertising from Facebook over the Cambridge Analytica controversy.The leak of data from 50 million Facebook users to the political consulting firm prompted Mozilla to examine Facebook’s default privacy policies, which can give third-party apps access to your profile data and activities.”The default permissions that Facebook gives to those third parties currently include data from your education and work, current city, and posts on your timeline,” Mozilla said in a blog post.Mozilla already started a petition that demands Facebook change its app permission policy so your privacy is protected by default. But on Thursday, it took things further, and pulled its advertising dollars from the social media platform.”When Facebook takes stronger action in how it shares customer data, specifically strengthening its default privacy settings for third-party apps, we’ll consider returning,” Mozilla said in a separate blog post. But for now, it’s “pressing pause on our Facebook advertising.”Time will tell if other advertisers follow the Firefox developer’s lead. But according to Facebook, advertisers have thus far been satisfied with the company’s efforts on privacy. “Most of the businesses we’ve spoken with this week are pleased with the steps we’ve outlined to better protect people’s data,” a Facebook spokesperson said in a Thursday email.”They have confidence that we’ll respond to these challenges and become a better partner and company as a result,” the email added.In 2014, Facebook banned the type of data collection Cambridge Analytica benefited from, which involved scooping up information from Facebook users who gave their consent, but also their friends, who had not given their permission to do so. That web of connections ultimately gave Cambridge access to 50 million data files, including people’s Facebook likes and other identifying information.Facebook plans to examine Cambridge Analytica servers to ensure it destroyed the leaked data. But in the meantime, it will audit any company or developer who collected large amounts of Facebook user data prior to 2014. Those who refuse the audit or have been found misuing the data will be banned, Facebook CEO Mark Zuckerberg said on Wednesday in his first remarks on the Cambridge Analytica scandal.The social media giant also plans to further limit third-party apps from accessing your Facebook data. “For example, we will remove developers’ access to your data if you haven’t used their app in 3 months. We will reduce the data you give an app when you sign in — to only your name, profile photo, and email address,” Zuckerberg said.In addition, Facebook will roll out a new tool to help you understand which apps have access to your data.In its Thursday blog post, Mozilla said it’s “encouraged” by what Zuckerberg promised. But it will wait for the social media giant to make the upcoming privacy protections official before resuming any advertising. March 23, 2018 3 min read Add to Queue 2019 Entrepreneur 360 List Guest Writer The only list that measures privately-held company performance across multiple dimensions—not just revenue. Michael Kan Image credit: via PC Mag Next Article –shares The Cambridge Analytica controversy triggered the Firefox developer to press Facebook to change its default privacy settings for app permissions. Reporter Mozilla Pulls Facebook Ads Over Privacy Flap This story originally appeared on PCMag
Source:http://annals.org/aim/fullarticle/2717784/notice-retraction-joy-cooking-too-much-70-years-calorie-increases Related StoriesIt is okay for women with lupus to get pregnant with proper care, says new studyAMSBIO offers new, best-in-class CAR-T cell range for research and immunotherapyTAU’s new Translational Medical Research Center acquires MILabs’ VECTor PET/SPECT/CTThe article was the result of a research work by Brian Wansink from Cornell University. The study had analyzed cookbooks for home recipes and claimed that home cooking led to increased calorie intake since many of the recipes tended to be rich in fats and carbohydrates. This in turn was raising the risk of obesity, the authors of the study had concluded.The journal had sent a letter of investigation to the authorities at the University where the work was conducted and in turn received an answer from the Office of the Vice Provost for Research (Date 27 September 2018) that said, “This investigation has concluded that Professor Wansink committed academic misconduct in his research and scholarship.” The journal states that they tried to clarify this from the corresponding author Dr. Payne. That address and contact information did not finally lead to Dr. Payne they added.The team at the journal then asked for details of the data from Dr. Wansink. In response Dr. Wansink provided a re-analysis of the data. However, now the journal found that all the figures and numbers in the re-analysis were different from the originally published paper. The editors conclude in their notice, “In light of the inability to reproduce the published results, the editors cannot be confident in the integrity of the work reported in this article.”The referred article can be found at the following reference, “Wansink B, Payne CR. The joy of cooking too much: 70 years of calorie increases in classic recipes [Letter]. Ann Intern Med. 2009;150:291-2.”Wansink has been part of the team of experts who have helped to develop the U.S. dietary guidelines. His work recently came under scrutiny when a blog post unearthed academic misconduct. Since then many of his research publications have been retracted from well known journals. Image Credit: CanErmis / Shutterstock By Dr. Ananya Mandal, MDDec 9 2018In a short notification, the editors of the Annals of Internal Medicine have announced that they are retracting a letter called “The Joy of Cooking Too Much: 70 Years of Calorie Increases in Classic Recipes”. The article in question was published in 2009.
Reviewed by Kate Anderton, B.Sc. (Editor)Jun 18 2019Researchers have identified a genetic mutation that caused an 11-year-old girl to suffer a fatal reaction to infection with the Hepatitis A virus (HAV). The study, which will be published June 18 in the Journal of Experimental Medicine, reveals that mutations in the IL18BP gene causes the body’s immune system to attack and kill healthy liver cells, and suggests that targeting this pathway could prevent the deaths of patients suffering rapid liver failure in response to viral infection.HAV infects the liver and usually causes a relatively mild illness that clears up in a matter of weeks or months. But as many as 1 in 200 HAV patients suffer a much more severe response known as fulminant viral hepatitis (FVH) that is characterized by a rapid loss of liver tissue and catastrophic liver failure, resulting in the release of toxins that damage the brain. The condition is usually fatal unless the patient receives a liver transplant.Other hepatitis viruses can also cause FVH, but the reason why some patients suffer such a severe response to infection is unclear. It typically occurs in children and young adults who are otherwise healthy and have no prior history of liver disease or immunodeficiencies.A team of researchers led by Professor Jean-Laurent Casanova at The Rockefeller University in New York identified an 11-year-old girl in France who died of FVH after becoming infected with HAV. The researchers sequenced the girl’s DNA and discovered that she carried identical mutations in both copies of the IL18BP gene, which encodes a protein called interleukin-18 binding protein (IL-18BP).Related StoriesResearchers identify gene mutations linked to leukemia in children with Down’s syndromeSome people treated for type 1 diabetes may have monogenic diabetes, study findsFungal infection study identifies specific genetic vulnerability among Hmong peopleIL-18BP can bind and neutralize interleukin-18 (IL-18), a powerful ‘cytokine’ molecule that the body produces in response to infection in order to activate certain types of immune cells and promote inflammation. Casanova and colleagues determined that the mutation identified in the patient’s IL18BP gene prevented the IL-18BP protein from neutralizing IL-18.To understand how this might affect the body’s response to HAV infection, the researchers incubated human liver cells with Natural Killer (NK) cells, a type of immune cell that targets virally infected cells. Casanova and colleagues discovered that, in the absence of IL-18BP, IL-18 enhanced NK cells’ ability to target and kill liver cells, whether they were infected with HAV or not. Addition of IL-18BP blocked this IL-18–induced toxicity, suggesting that IL-18BP usually prevents an excessive reaction to HAV infection but that patients carrying mutations in this gene are susceptible to FVH. Source:Rockefeller University PressJournal reference:Casanova, J-L. et al. (2019) Inherited IL-18BP deficiency in human fulminant viral hepatitis. Journal of Experimental Medicine. doi.org/10.1084/jem.20190669. Our findings provide a proof of principle that FVH can be caused by inborn errors in single genes. Human IL-18BP injections have been approved for clinical use for indications unrelated to liver conditions and has been proposed as a treatment for preventing acetaminophen-induced liver damage. Neutralizing IL-18 with IL-18BP might be beneficial to patients with FVH caused by HAV and possibly other viruses as well.”Professor Jean-Laurent Casanova, The Rockefeller University
Economists have previously made little use of high-performance computers (HPC) in their research. This is despite the fact that the complex interactions and heterogeneity of their models can quickly cause them to reach hundreds of dimensions, which cannot be calculated using conventional methods. In the past, simplified models were therefore often formulated for answering complex questions. These models solved some problems, but they could also provide false predictions, explains Simon Scheidegger, Senior Assistant at the University of Zurich’s Department of Banking and Finance. For example, quantitatively studying optimal monetary policy in the wake of a financial crisis cannot be properly achieved using the conventional methods. However, calculating high-dimensional models on a supercomputer is not easy either. Until recently, researchers lacked appropriate numerical analysis and highly efficient software. Bayesian model selection shows extremely polarized behavior when the models are wrong Explore further More information: More Information: www.pasc-ch.org/projects/solid … -agent-macro-models/ Aryan Eftekhari et al. Parallelized Dimensional Decomposition for Large-Scale Dynamic Stochastic Economic Models, Proceedings of the Platform for Advanced Scientific Computing Conference on – PASC ’17 (2017). DOI: 10.1145/3093172.3093234 Provided by Swiss National Supercomputing Centre Citation: Economists cash in on efficient, high-performance computing method (2018, February 22) retrieved 18 July 2019 from https://phys.org/news/2018-02-economists-cash-efficient-high-performance-method.html The curse of dimensionalityUnlike in physics models, in which time is considered as a fourth dimension alongside the three spatial dimensions, economic models have to consider ten- or even a hundred-times more dimensions. Even a “simple” model of pension insurance in a single country, which aims to depict the prosperity of its society at each year of age, clearly shows how quickly a higher dimensionality is reached: “If we assume that people will live to 80 years old on average and will be earning from the age of 20, and want to determine prosperity for each year of age, we already have 60 dimensions,” explains Scheidegger. What’s more, people make their current decisions while taking into account future uncertainties. Ideally, a model should consider all these influences.There are two main sticking points in calculating such complex economic models. The first is recursively approximating the high-dimensional functions using many iteration steps. At the same time, systems of non-linear equations must be solved at millions of grid points that describe the model. Calculating such a model can take hours and sometimes days of computing time, even on high-performance supercomputers like Piz Daint.Nested modelTo find a highly efficient solution method that can recursively calculate the economic decision-making rules (known as policy functions), the researchers combined so-called sparse grids with a high-dimensional model reduction framework. “The resulting linear combination of sparse grids, which describe the model and thus the policy functions, are nested together like a Russian doll, and are lined up in such a way that they optimally approximate and describe the original high-dimensional space,” explains Scheidegger. The beauty of it is that the code to calculate the individual grids and their combination is highly parallelised. Even in small models with “only” 50 dimensions, the method efficiently scales up on Piz Daint to as many as 1,000 computer nodes at the same time. In simple terms, the dimensional decomposition framework ensures that only the relevant grid points and dimensions that describe the model under consideration need to be calculated. To further minimise the time required to solve the functions and keep communication between the processors and the processes running on them highly efficient, the researchers also used a hybrid parallelisation scheme (message passing interface (MPI) and Intel(R) threading building blocks (TBB)).Scheidegger and his colleagues have thus developed a method that takes significant account of the heterogeneities and avoids oversimplification. It also works generically and so can be applied to a variety of issues-from public finance models, such as state pensions, to central bank models. “As is the case in computer-aided physics or chemistry, the new method should enable models in economics to be solved fundamentally, that is ab initio, and then confronted with real-world data and adapted as necessary,” says Scheidegger.Further research on this topic will be conducted in a project for the Platform for Advanced Scientific Computing (PASC). 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.
Indian airline Jet Airways has entered an agreement to buy 75 Boeing 737 MAX aircraft in a deal that could be worth more than $7 billion. Boeing announces service orders worth nearly $1 billion A Jet Airways Boeing 737 pictured in 2015: the airline has announced an order for 75 Boeing 737 MAX planes The country’s second-largest airline made the announcement to the Mumbai stock exchange late Tuesday. The company did not specify which model of the narrow-body jet it planned to purchase, or whether it had placed a firm order rather than a memorandum of understanding.The deal could be worth anywhere between $7.2 billion and $9.7 billion, depending on the type of jet acquired and based on list prices. Airlines often negotiate discounts on major orders. India is witnessing a boom in air travel as its growing middle class takes to the skies. Airlines are rapidly expanding their fleets to capture a slice of this market.There has been a six-fold increase in passenger numbers over the past decade as Indians take advantage of better connectivity and cheaper fares thanks to a host of low-cost airlines.The Centre for Aviation based in Australia predicts India will overtake Britain as the world’s third-largest market by 2025 and will have 478 million fliers by 2036.India’s largest airline IndiGo last year announced a deal to buy 50 small planes from French manufacturer ATR.The majority of Jet Airways’ fleet are Boeing aircraft. Boeing says the 737 MAX is the fastest-selling airplane in its history, with more than 4,300 orders received. © 2018 AFP Citation: India’s Jet Airways to buy 75 Boeing jets in multi-billion dollar order (2018, April 4) retrieved 18 July 2019 from https://phys.org/news/2018-04-india-jet-airways-boeing-jets.html Explore further 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.