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BP to shake up trading arm after profits tumble

first_img whatsapp Read This Next’Kevin Can F**k Himself’: Here’s Why Only Allison and Patty Are SeenThe Wrap20 Stars Who’ve Posted Nude Selfies, From Lizzo to John Legend (Photos)The Wrap’Batwoman’: Wallis Day on Circe’s ‘Deranged’ Warpath and the Key to SavingThe Wrap’Godzilla vs Kong’ Reaches $100 Million in US After Grossing $250,000 inThe WrapJoin a Conversation on ‘Cancel Culture in Comedy’ with Maz Jobrani, SkyeThe WrapAnya Taylor-Joy, Ralph Fiennes Join Searchlight’s Dark Comedy ‘The Menu’The WrapAfter ‘Black Widow,’ Kevin Feige Leaves Open the Possibility of OtherThe Wrap’Pose’ Creator Steven Canals on Life After His Groundbreaking Show: ‘I’mThe Wrap’The Boys’ Star Aya Cash Took Inspiration From YouTube, TikTok and SteveThe Wrap Tags: NULL John Dunne Friday 8 October 2010 3:52 am BP to shake up trading arm after profits tumble center_img Share whatsapp Oil major BP is restructuring its trading unit into a leaner and nimbler outfit in the face of eroding profits, the head of the unit says in an internal document obtained by Reuters,The document from Paul Reed, chief executive of the trading arm, said the company sees a decline in its traditional business but growth in newer markets, especially China, India, and new emerging supply basins in West Africa and Brazil. Show Comments ▼ 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 PastNoteabley25 Funny Notes Written By StrangersNoteableyMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan Timeslast_img read more

Tories to fight Lib Dem allies

first_img Sunday 7 November 2010 9:07 pm Tories to fight Lib Dem allies by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailNoteabley25 Funny Notes Written By StrangersNoteableySerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen Heraldmoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comGloriousaCouple Had Their Home Demolished Because Of ThisGloriousa LIBERAL Democrats and Conservatives are squaring up for their first head-to-head electoral battle since forming the coalition government.A by election is to be held in the seat of Oldham East and Saddlesworth after Labour immigration spokesman and former Cabinet minister Phil Woolas was last week stripped of the seat for lying about his Liberal Democrat opponent during the General Election.A special court found he falsely claimed that his rival had sought the support of Muslim extremists who advocate violence. He won a slim victory of 103 votes over Liberal Democrat Elwyn Watkins, who successfully contested the result to get it voided.Watkins says he is now hopeful of winning the seat, partly on the back of support from Tory voters: “I’ve been surprised by the number of Conservative voters who thought I did a good job to stand up for principle and think they’ve found somebody who’ll stand up for them in parliament,” he said.Watkins will need support from right-wing voters: Lib Dem poll ratings have sunk to 9 per cent from 27 per cent since just the election.Tory candidate Kashif Ali came third in Oldham East, with 26 per cent of the vote, and his party would not say whether it had decided who would contest the seat this time around.There was speculation that the Tories might formally stand aside to help their coalition allies, but recent comments by senior Conservatives confirm that if there is a pact, it will not be official.Tory chairman Sayeeda Warsi confirmed the party would be fielding a candidate and foreign secretary William Hague said yesterday: “We have not become the same political party. It is a coalition, not a merger.”With Lib Dem poll ratings so low, Watkins is trying to emphasise the local aspects of the election. “Oldham folk have always decided what they want to do rather than what the national polls decide,” he says. Tags: NULL Sharecenter_img whatsapp whatsapp Show Comments ▼ KCS-content More From Our Partners Native American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgPorsha Williams engaged to ex-husband of ‘RHOA’ co-star Falynn Guobadiathegrio.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comFort Bragg soldier accused of killing another servicewoman over exthegrio.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgKansas coach fired for using N-word toward Black playerthegrio.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgFans call out hypocrisy as Tebow returns to NFL while Kaepernick is still outthegrio.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orglast_img read more

Hotelest Limited ( 2010 Abridged Report

first_imgHotelest Limited ( listed on the Stock Exchange of Mauritius under the Tourism sector has released it’s 2010 abridged results.For more information about Hotelest Limited ( reports, abridged reports, interim earnings results and earnings presentations, visit the Hotelest Limited ( company page on AfricanFinancials.Document: Hotelest Limited (  2010 abridged results.Company ProfileHotelest Limited is based in Port Louis, Mauritius and is engaged in the tourism and hospitality industry where, through the company’s subsidiary, Constance Hotels Services Limited, owns and operates hotels. Hotelest Limited is listed on the Stock Exchange of Mauritius.last_img read more

United Bus Service Ltd ( Q12016 Interim Report

first_imgUnited Bus Service Ltd ( listed on the Stock Exchange of Mauritius under the Transport sector has released it’s 2016 interim results for the first quarter.For more information about United Bus Service Ltd ( reports, abridged reports, interim earnings results and earnings presentations, visit the United Bus Service Ltd ( company page on AfricanFinancials.Document: United Bus Service Ltd (  2016 interim results for the first quarter.Company ProfileUnited Bus Service Limited is a Mauritian company that engages in the public transport sector. United Bus Service Limited is listed on the Stock Exchange of Mauritius.last_img read more

I think easyJet and these other UK shares could be in for a nightmare November

first_img Paul Summers | Saturday, 31st October, 2020 | More on: EZJ JDW SMWH I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. Our 6 ‘Best Buys Now’ Shares Paul Summers has no position in any of the shares mentioned. The Motley Fool UK has no position in any of the shares mentioned. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. See all posts by Paul Summers Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. Enter Your Email Address I think easyJet and these other UK shares could be in for a nightmare Novembercenter_img Times have been tough for holders of easyJet (LSE: EZJ) shares. They could be about to get even tougher.Next month, the company will provide investors with final results for its 2019/20 financial year. Now, no one expects the numbers to be good. Indeed, easyJet has already warned that its first-ever annual loss could hit £845m! Nevertheless, the possibility of another lockdown and further travel restrictions could result in more investors deciding to jettison the stock in November.  5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…The company is doing what it can to mitigate things. Most recently, easyJet reported that it had raised almost £306m through the sale and leaseback of nine Airbus 320 aircraft. This will help shore up the balance sheet but it’s unlikely to be enough. Indeed, the mid-cap has called on the UK government to provide more support to the sector in October.  Clearly, easyJet shares could do very well in the event of a sudden vaccine breakthrough or reduction in infections. Right now, this looks like wishful thinking. With industry peer IAG warning that passenger numbers won’t recover to pre-coronavirus levels until 2023, the runway to recovery looks long and hard. This is not to say that the Luton-based airline is the only company whose owners face a nightmare November. Time at the bar?Holders of JD Wetherspoon (LSE: JDW) may want to look away from the pub chain’s share price when it provides a trading update on the morning of 11 November.I can’t see the numbers and outlook as being anything but bleak. After all, JD Wetherspoon already announced its first annual pre-tax loss since 1984 earlier this month. The recent introduction of curfews across many parts of the UK is unlikely to have improved the situation. News of the company needing to slash jobs, while not unexpected, doesn’t bode well either. Like easyJet shares, the question to ask is how much of this is priced in. At half the price they were at the beginning of 2020, you might think ‘quite a lot’. Moreover, analysts are expecting earnings to rebound massively in FY22, leaving the shares on a P/E of 13 (if you still pay any attention to forecasts). Nevertheless, I’d be inclined to look elsewhere, at least until the crucial coronavirus ‘R rate’ is on the retreat. On a risk-reward basis, JDW still doesn’t tempt me. Double-whammyA final share that could face selling pressure next month is high street retailer and travel concession operator WH Smith (LSE: SMWH). The company is due to announce its latest set of full-year numbers on 12 November. Before the coronavirus reared its ugly head, it was a quality business generating excellent returns on capital employed. Since then, we’ve had the double-whammy of deserted high streets and a myriad of travel restrictions. The latter is particularly problematic since this was the main growth driver for the FTSE 250 member. With Boris Johnson’s fingers hovering over the ‘lockdown’ button, it does feel like things could get worse before they get better. More restrictions would likely have a severe impact on pre-Christmas high-street sales for the company. I wouldn’t like to bet on it being able to compete with the likes of Amazon for online book sales either.For now, WH Smith is treading water. Next month could see it sink. Now is not the time to be getting involved, I feel.  Simply click below to discover how you can take advantage of this. “This Stock Could Be Like Buying Amazon in 1997” Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Image source: Getty Images I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement.last_img read more

Cocooning Building / L’eau Design

first_imgArchDaily Manufacturers: Cheonggo Brick, Stuc-O-flex CopyMixed Use Architecture, Houses, Retail•Seocho-gu, South Korea Projects Co-Workers ShareFacebookTwitterPinterestWhatsappMailOr Clipboard CopyAbout this officeL’eau DesignOfficeFollow#TagsProjectsBuilt ProjectsSelected ProjectsMixed Use ArchitectureResidential ArchitectureHousesCommercial ArchitectureRetailSeocho-guOn FacebookSouth KoreaPublished on January 27, 2021Cite: “Cocooning Building / L’eau Design” 26 Jan 2021. ArchDaily. Accessed 10 Jun 2021. ISSN 0719-8884Browse the CatalogSinkshansgroheBathroom Mixers – LogisVinyl Walls3MExterior Vinyl Finish – DI-NOC™ StonePartitionsSkyfoldWhere to Increase Flexibility in SchoolsTiles / Mosaic / GresiteCupa PizarrasVentilated Facade – CUPACLAD UprightGlassLAMILUXGlass Roof PR60ConcreteKrytonCrystalline Waterproofing – KIMSkylightsVELUX CommercialAtrium Longlight Skylights in ExperimentariumMetal PanelsLorin IndustriesAnodized Aluminum – Copper FinishesStonesFranken-SchotterWall Covering & CladdingWindowsRabel Aluminium SystemsMinimal Casement Windows – Rabel 8400 Slim Super Thermal PlusSwingsStudio StirlingHanging Chair – BasketWallcovering / CladdingArrigoni WoodsWood Cladding – AcousticMore products »Save想阅读文章的中文版本吗?首尔茧之家 / L’eau Design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 stream Mixed Use Architecture “COPY” 2017 Architects: L’eau Design Area Area of this architecture project ShareFacebookTwitterPinterestWhatsappMailOr Clipboard Photographs:  Kyungsub Shin, Huh Ik Manufacturers Brands with products used in this architecture project Year:  Photographs Save this picture!© Kyungsub Shin+ 42Curated by Hana Abdel Share “COPY” Construction: Area:  999 m² Year Completion year of this architecture project Principal Architect:Kim Dong JinArchitecture:L’eau DesignCity:Seocho-guCountry:South KoreaMore SpecsLess SpecsSave this picture!© Kyungsub ShinRecommended ProductsWindowsSky-FrameRetractable Insect Screen – Sky-Frame FlyWindowsAir-LuxSliding Window – CurvedDoorsLibartVertical Retracting Doors – Panora ViewEnclosures / Double Skin FacadesRodecaRound Facade at Omnisport Arena ApeldoornText description provided by the architects. Cocooning – An active Self-Territorialization protecting oneself from the changing outdoor environment. Save this picture!© Huh IkSave this picture!First Floor Plan”Cocooning phenomenon” is a term made by German Social Psychologist S. Popcon, and it stands for the habit of silkworm hiding inside a cocoon and protecting it-self from the outside. As modern society gets complicated, people pursue the intimate comfort of oneself through a slightly enclosed place than excessively exposed exterior activities.Save this picture!© Kyungsub Shin’New-Cocooning tribe’ is different from the Enclosed type Cocooning tribe of the past, who habitually seclude and escape, and actively spends their hobby and leisure time in its own space. Also. Modern people want a substantive relaxing space where they can guarantee the personal environment in amid of network society which is overly exposed with information.Save this picture!© Huh IkThis kind of modern people’s cocooning secures personal privacy by it-self inside the complex city center and wraps its body from the surroundings and makes its own lifestyle. In the process of commercialization of the quiet exclusive residential area, Banpo Cocooning is an architectural strategy where houses and the city reconciliate and co-exist, avoiding gentrification phenomenon.Save this picture!© Kyungsub Shin’Nudge’ Effect inside the changing city center – Cocooning gradually induces a positive change of urban landscape little by little inside the unconsciousness with soft invasion not coercion. By changing ‘Daily Landscape’, it makes people to form its own pattern. This little change inside people’s unconsciousness always tries to find a meaning in everything, and in other words, it evokes kind of an Apophenia effect which is a tendency of finding a pattern in amid of disorder and brings new vitality and change around urban area.Save this picture!© Kyungsub ShinSave this picture!Third Floor PlanInnermost ‘Cocooning’ of its own inside City center – The plot has located between the 4th-5th level high residential areas deeply inside the road. This highly dense residential buildings standing on the ground except for the parking space are keen of privacy invasion. It’s hard to handle the problem which the inside of surrounding multiplex and multifamily houses could be seen and psychological insecurity only with the legal separation space and the face blocking structure blocking the view from the window.Save this picture!© Huh IkTherefore, the residential buildings inside dense city center are requiring an enclosed boundary which could protect the invasion of their privacy. Inside the boundary of ‘Cocoon’ with flexible air layer, the inner story of its own makes composure which could be sustainably generated and at the same time protects privacy from the surrounding buildings. This kind of ‘Cocooning’ makes boundary outwardly according to the privacy relationship with the surrounding buildings inside the residential exclusive area but makes its inner individual landscape and co-exists inwardly.Save this picture!© Kyungsub ShinProject gallerySee allShow lessThe Loopvillage / MAaPSelected ProjectsHouse in Nakagyo 02 / KoyoriSelected Projects Share South Korea Cocooning Building / L’eau Design Cocooning Building / L’eau DesignSave this projectSaveCocooning Building / L’eau Designlast_img read more

Month-long campaign raises over £15k for 4 emergency services charities

first_img AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Month-long campaign raises over £15k for 4 emergency services charities Tagged with: collaboration Fundraising ideas virtual event The money raised will support the work of all four emergency services charities.Cheryl from North Wales Police was the overall winner of the challenge, logging a total of 5,318 points, including 474 miles of walking and 57 miles of running, topping the leaderboard.She said:“In the absence of actual running events due to these strange times, it was lovely to be able to take part in these activities – the bonus is that it’s for a good cause too! Being part of this challenge kept my focus on a goal – with a superb medal at the end of it.”Tom Dalby, CEO of Blue Light Card said:“Supporting emergency service teams has always been at the heart of what we do, and even more so after we’ve seen first-hand just how hard they’ve worked to keep us safe throughout 2020 and into 2021. That’s why this campaign has been extra special for us.“Seeing people get involved and take up the chance to get active and practice mindfulness, especially when the weather has been testing, has been so great to see, and we hope it has inspired regular active routines within the blue light community and beyond.“Helping to raise over £15,000 for these four very worthy causes while supporting the great work these incredible charities do for our frontline workers and families is fantastic.” A month-long charity campaign to boost the nation’s health and wellbeing has come to an end, raising a total of over £15,000 for The Ambulance Staff Charity, Police Care UK, The Fire Fighters Charity and The Air Ambulance Service.Launched in January, the Blue Light Get Active Challenge tasked individuals with clocking up as many miles, steps or minutes of physical activity or mindfulness exercises as they could, to raise funds and boost morale during the national lockdownEmergency services discount provider, Blue Light Card, and wellbeing organisation, Get Active supported the challenge and offered an app for participants to log their activities – which included running, cycling and yoga – and see where they ranked against others in a leader board. A total of around 400 participants got involved by either making a donation to their chosen charity or raising funds, which were then split evenly between each of the four charities. Advertisementcenter_img Melanie May | 19 March 2021 | News  230 total views,  1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis About Melanie May Melanie May is a journalist and copywriter specialising in writing both for and about the charity and marketing services sectors since 2001. She can be reached via read more

HAT Market Analysis for 5/19/21 with Tom Fritz of EFG Group

first_img Previous articleNational FFA Announces In-Person Convention With a Virtual Program for 2021Next articleU.S. Department of Agriculture Announces Key Leadership in Natural Resources and Conservation Areas Andy Eubank HAT Market Analysis for 5/19/21 with Tom Fritz of EFG Group Facebook Twitter SHARE Facebook Twitter SHARE Home Indiana Agriculture News HAT Market Analysis for 5/19/21 with Tom Fritz of EFG Group Audio Player Up/Down Arrow keys to increase or decrease volume.Commodities everywhere were hit hard Wednesday, following the stock market and cryptocurrency. But, in the grains, corn futures performed well. Tom Fritz of EFG Group explains. Click to listen. By Andy Eubank – May 19, 2021 last_img read more

Limerick children urged to read for World Book Day

first_imgFacebook Senior Infant pupils Zo‘e Hanley and Jay O’Sullivan from St John’s girls and infant boys school in Cathedral Place who take part in the Doodle Den literacy Alan [email protected] up for the weekly Limerick Post newsletter Sign Up Senior Infant pupils Zo‘e Hanley and Jay O’Sullivan from St John’s girls and infant boys school in Cathedral Place who take part in the Doodle Den literacy programme.CHILDREN in Limerick are being encouraged to take part in some fun reading this week as part of World Book Day, which takes place this Thursday, March 3.The Childhood Development Initiative (CDI), which coordinates a literacy programme in six schools across Limerick, have urged teachers, parents and children to get involved.CDI Speech and Language therapist Michelle Quinn outlined useful tips for Limerick parents to encourage their children’s reading.“It’s never too early to start. Share books them with your child for at least 10 minutes each day. Ask for books as presents for your child’s birthday or Christmas. Join the local library and you’ll never be short of books,” Michelle explained.She also pointed out that what works to get children’s interest also varies according to their age.“Children in Junior Infants like books about everyday things, story books about adventures, alphabet books, counting books, non-fiction books about insects or dinosaurs or imaginative books – about fairies. While children at crèche stage like small books that fit into their hands, books with simple rhymes, flap books and books about everyday things, clothes, animals and toys.“Preschool children often like books that tell stories about children and also nursery rhyme books. When reading talk about the book. With smaller children this may be pointing out pictures while it would be pointing out words with older children,” she said.CDI are also encouraging parents and children to use, a fun website for 5-6 years olds with interactive language and number games.World Book Day resource packs are available at Limerick Artist ‘Willzee’ releases new Music Video – “A Dream of Peace” TAGSChildhood Development Initiative (CDI)limerickWorld Book Day NewsLocal NewsLimerick children urged to read for World Book DayBy Alan Jacques – March 3, 2016 1059 Billy Lee names strong Limerick side to take on Wicklow in crucial Division 3 clash WATCH: “Everyone is fighting so hard to get on” – Pat Ryan on competitive camogie squads Twitter Limerick Ladies National Football League opener to be streamed live WhatsAppcenter_img Previous articleLimerick plays host to film industry eventNext articleIrish Cancer Society appeal to Limerick businesses to support Daffodil Day Alan Jacques Linkedin Advertisement Print RELATED ARTICLESMORE FROM AUTHOR Predictions on the future of learning discussed at Limerick Lifelong Learning Festival Email Limerick’s National Camogie League double header to be streamed live last_img read more

Existing-Home Sales Jump 4.9% in May

first_img Related Articles Governmental Measures Target Expanded Access to Affordable Housing 2 days ago  Print This Post Servicers Navigate the Post-Pandemic World 2 days ago Share Save Demand Propels Home Prices Upward 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Subscribe Tagged with: Existing Home Sales Home Sales Inventory NAR Existing-Home Sales Jump 4.9% in May The Best Markets For Residential Property Investors 2 days ago Existing-home sales rose in May at their highest monthly growth rate in years as inventory continued to expand, the National Association of Realtors (NAR) reported.According to NAR, total existing-home sales—representing completed transactions of single-family homes, townhomes, condominiums, and co-ops—jumped 4.9 percent last month to a seasonally adjusted annual rate of 4.89 million. It was the biggest month-over-month boost since August 2011, when sales picked up 5.5 percent, the group reported.Isolating just single-family transactions, sales numbers increased 5.7 percent to an adjusted rate of 4.30 million.”Home buyers are benefiting from slower price growth due to the much-needed, rising inventory levels seen since the beginning of the year,” said NAR chief economist Lawrence Yun. “Moreover, sales were helped by the improving job market and the temporary but slight decline in mortgage rates.”Still, compared to last year, overall sales remained down 5.0 percent, reflecting a higher-cost environment that has driven out some otherwise interested shoppers.In May, the median existing-home price for all housing types was $213,400, a 5.1 percent increase year-over-year. The median single-family home price was slightly higher at $213,600.Home price gains have slowed down over the last half-year, helped in part by increased supply. Last month, NAR reports total housing inventory available for sale was up 2.2 percent to 2.28 million existing homes, representing a 5.6-month supply at the current sales pace.Though an improvement over last year, NAR says current home inventories are still below where they should be for a balanced market, which should come to about a six-month supply. In a report earlier this month, the group said lack of construction is the main problem, with housing starts falling far short of employment gains in many areas across the country.Looking forward, the association hopes further inventory gains and moderation in price increases will spur more activity in the coming months.”The temporary pause in rising interest rates and more homes for sale is good news—especially for first-time home buyers—who likely have a better chance in upcoming months to make a competitive offer that’s in return accepted by the seller,” said NAR president Steve Brown. in Daily Dose, Featured, Headlines, Market Studies, Newscenter_img Sign up for DS News Daily Previous: Inventory Levels Continue to Improve in Florida Next: Case-Shiller: Home Prices Fall Short of Market Expectations Data Provider Black Knight to Acquire Top of Mind 2 days ago June 24, 2014 971 Views Demand Propels Home Prices Upward 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Existing Home Sales Home Sales Inventory NAR 2014-06-24 Tory Barringer Governmental Measures Target Expanded Access to Affordable Housing 2 days ago The Best Markets For Residential Property Investors 2 days ago Home / Daily Dose / Existing-Home Sales Jump 4.9% in May The Week Ahead: Nearing the Forbearance Exit 2 days agolast_img read more

Coronavirus live updates: Fauci calls ‘herd immunity’ declaration embraced by White House ‘ridiculous’

first_imgOvidiu Dugulan/iStockBy MORGAN WINSOR, ABC News(NEW YORK) — A pandemic of the novel coronavirus has now killed more than 1 million people worldwide.Over 38.5 million people across the globe have been diagnosed with COVID-19, the disease caused by the new respiratory virus, according to data compiled by the Center for Systems Science and Engineering at Johns Hopkins University. The criteria for diagnosis — through clinical means or a lab test — has varied from country-to-country. Still, the actual numbers are believed to be much higher due to testing shortages, many unreported cases and suspicions that some national governments are hiding or downplaying the scope of their outbreaks.Since the first cases were detected in China in December, the virus has rapidly spread to every continent except Antarctica.The United States is the worst-affected country, with more than 7.9 million diagnosed cases and at least 216,903 deaths.California has the most cases of any U.S. state, with more than 865,000 people diagnosed, according to Johns Hopkins data. California is followed by Texas and Florida, with over 832,000 cases and over 741,000 cases, respectively.More than 190 vaccine candidates for COVID-19 are being tracked by the World Health Organization, at least 10 of which are in crucial phase three studies. Of those 10 potential vaccines in late-stage trials, there are currently five that will be available in the United States if approved.Here’s how the news is developing Thursday. All times Eastern:Oct 15, 10:54 amHong Kong, Singapore announce forthcoming ‘travel bubble’ Officials in Hong Kong and Singapore announced an agreement to establish a bilateral Air Travel Bubble in an effort to revive cross-border air travel between the two aviation hubs.Citing low incidents of COVID-19 infections and ‘robust’ anti-transmission mechanisms, Singapore’s Transport Minister Ong Ye said it is a “safe, careful but significant step forward to revive air travel, and provide a model for future collaboration with other parts of the world.”Hong Kong and Singapore are both major financial hubs, and the international air route between the two cities was among the busiest in the Asia-Pacific region before the pandemic took shape, officials said in a statement.They did not offer details about a potential launch date.-ABC News’ Christine Theodorou contributed to this report.Oct 15, 10:05 amHarris shuts down travel after 2 test positiveThe Biden campaign has announced that two people traveling with Sen. Harris in Arizona, Communications Director Liz Allen, and a non-staff flight crew member, have tested positive for COVID-19“Senator Harris was not in close contact, as defined by the CDC, with either of these individuals during the two days prior to their positive tests; as such, there is no requirement for quarantine,” Jennifer O’Malley Dillon, Biden’s campaign manager, said in a statement.“Neither of these people have had contact with Vice President Biden, Senator Harris or any other staffers since testing positive or in the 48 hours prior to their positive test results,” she added.The campaign is canceling Harris’ travel through Sunday “out of an abundance of caution and in line with our campaign’s commitment to the highest levels of precaution.”Harris will return to in-person campaigning on Monday.-ABC News’ Molly Nagle contributed to this report.Oct 15, 9:41 am898,000 more Americans file for unemployment benefitsThe U.S. Department of Labor said Thursday that another 898,000 people filed first-time jobless claims last week, highlighting how new layoffs are persisting at historical highs more than six months since the start of the coronavirus pandemic.Last week’s initial unemployment claims tally also shows a concerning spike of more than 53,000 compared to the previous week’s revised figure.The total number of people in the United States claiming state and federal unemployment benefits topped 25.2 million for the week ending Sept. 26. In comparison, 1.4 million people claimed benefits for the same week last year, according to the Labor Department.The U.S. states that saw the largest increases in initial claims for the week ending Oct. 3 were Florida, Illinois and Massachusetts. New Jersey, Kansas and Pennsylvania saw the largest decreases during that same time, the Labor Department said.The level of new weekly unemployment claims has stagnated near the 850,000 mark for the past few weeks, a significant drop from when they peaked at 6.9 million in the last week of March. For context, the previous record for weekly unemployment claims was 695,000 in 1982 — a record that has been shattered for 30 straight weeks in 2020.Oct 15, 8:32 amFauci sounds alarm over rising infections as winter nearsDr. Anthony Fauci, the nation’s top expert on the coronavirus pandemic, said the recent rise in COVID-19 infections across the United States is “concerning” as winter nears.“We have a baseline of daily infections that are approximately 45-50,000 per day,” Fauci, director of the National Institute of Allergy and Infectious Diseases and a key member of the White House coronavirus task force, told ABC News chief anchor George Stephanopoulos in an interview Thursday on Good Morning America.“The issue is as we enter — as we are now — into the cooler season of the fall and ultimately the colder season of the winter,” he added, “you don’t want to be in that compromised position where your baseline daily infection is high and you are increasing as opposed to going in the other direction.”Dozens of U.S. states are reporting upticks in COVID-19 test positivity rates, which Fauci said “has proven in the past to be a very good prediction of a surge in cases, which ultimately leads to a surge in hospitalizations.”“Then ultimately in some individuals, that obviously will be an increase in deaths,” he added. “So we really got to double down on the fundamental public health measures that we talk about every single day, because they can make a difference.”Fauci, who said that his adult daughters won’t be spending Thanksgiving with him and his wife this year due to concerns about spreading the virus, urged families to be careful during the upcoming holidays and evaluate both the risks and benefits of gathering indoors.“It’s up to the individuals and the choices they make,” he said.Oct 15, 7:58 amFauci calls ‘herd immunity’ declaration embraced by White House ‘ridiculous’A declaration by a group of scientists calling for an approach that relies on “herd immunity” to defeat the coronavirus pandemic, which has been embraced by the White House, is “ridiculous” and “total nonsense,” said Dr. Anthony Fauci, the nation’s top expert on infectious diseases.“That declaration has a couple things in it that I think are fooling people, because it says things that are like apple pie and motherhood,” Fauci, director of the National Institute of Allergy and Infectious Diseases and a key member of the White House coronavirus task force, told ABC News chief anchor George Stephanopoulos in an interview Thursday on Good Morning America.The so-called Great Barrington Declaration, which claims on its website to have been signed by more than 9,000 medical and public health scientists around the globe, opposes lockdowns and argues that authorities should allow the novel coronavirus to spread among young, healthy individuals while protecting the elderly and the vulnerable.“If you just let things rip and let the infection go — no masks, crowd, it doesn’t make any difference — that quite frankly, George, is ridiculous because what that will do is that there will be so many people in the community that you can’t shelter, that you can’t protect, who are going to get sick and get serious consequences,” Fauci said. “So this idea that we have the power to protect the vulnerable is total nonsense, because history has shown that that’s not the case. And if you talk to anybody who has any experience in epidemiology and infectious diseases, they will tell you that that is risky and you’ll wind up with many more infections of vulnerable people, which will lead to hospitalizations and deaths. So I think that we just got to look that square in the eye and say it’s nonsense.”Oct 15, 7:16 amLondon expected to move to higher COVID-19 alert levelThe U.K. government is expected to impose new restrictions in London as part of efforts to stop the rapid spread of the novel coronavirus.Under England’s new three-tier system of local COVID-19 alert levels, the British capital is expected to move up a level from “medium” — the first tier — to “high” — the second tier — at midnight on Friday. That means people from different households will no longer be allowed to meet indoors, including in homes, pubs and restaurants. Groups of no more than six people from different households can still meet outdoors.Pubs and restaurants across London will continue to be allowed to stay open until 10 p.m.London Mayor Sadiq Khan said the new measures are “deemed to be necessary in order to protect Londoners” but that he believes action is also needed “on a national scale,” such as implementing a two-week lockdown. He said the city will soon reach an average of 100 COVID-19 cases per 100,000 population, a level some parts of England have already surpassed.“I must warn Londoners that we’ve got a difficult winter ahead,” Khan said in a televised statement Thursday. “But just as we’ve always done through our city’s great history, I know that we’ll get through this dark time by pulling together.”The move comes as England saw its number of infections quadruple in the last three weeks. There are now more patients hospitalized with COVID-19 than when the country went into lockdown in late March, according to British Prime Minister Boris Johnson.Oct 15, 6:18 amRussia reports record daily death toll from COVID-19Russia registered another 286 deaths from COVID-19 in the last 24 hours, setting a new record for its daily death tolls from the disease.The country’s previous record of 244 fatalities was set earlier this week.An additional 13,754 new cases of COVID-19 were also confirmed in the past day, down from a peak of 14,231 registered the previous day. It’s the first time in seven days that Russia didn’t break its own record for single-day case counts.The cumulative totals now stand at 1,354,163 confirmed cases and 23,491 deaths, according to Russia’s coronavirus response headquarters.Russia, a country of 145 million people, has the fourth-highest tally of COVID-19 cases in the world, behind only the United States, India and Brazil.Oct 15, 5:40 amUS national positivity rate for COVID-19 tests jumps to 6%The national positivity rate for COVID-19 tests across the United States has jumped from 4.7% to 6% in week-to-week comparisons, according to an internal memo from the U.S. Department of Health and Human Services that was obtained by ABC News on Wednesday night.The memo, which is circulated to the highest levels of the federal government and is used to determine daily priorities for the agencies working on COVID-19 response, said 38 U.S. states and territories are in an upward trajectory of new infections, while four jurisdictions are at a plateau and 14 others are in a downward trend.There were 359,745 new cases confirmed during the period of Oct. 7-Oct. 13, a 17.1% increase from the previous week. There were also 4,962 fatalities from COVID-19 recorded during the same period, a 2.1% decrease compared with the week prior, according to the memo.Meanwhile, 24% of hospitals nationwide have more than 80% of beds full in their intensive care units. That figure was 17-18% during the summertime peak, the memo said.In Arizona, 6.71% of the state’s prison population — 2,599 inmates — has tested positive for COVID-19, along with 712 prison staff. At least 17 inmates have died from the disease, according to the memo.The number of new cases recorded in Washington, D.C., increased by 84% over the past week, after dropping to its lowest levels since July. The nation’s capital reported an average of 81% of its inpatient beds occupied and 74.2% of intensive care unit beds occupied, the memo said.Idaho’s positivity rate for COVID-19 tests surged to 14.7% for the week ending Oct. 8, twice the national rate during the same period, according to the memo.Indiana saw a 27.5% week-to-week rise in cases and a 23.4% week-to-week increase in deaths from COVID-19, as of Oct. 11. The state reported three consecutive days of record-high daily case counts from Oct. 8 to Oct. 10. The state’s seven-day COVID-19 hospitalization rate reached a five-month peak at 17.3 per 100,000 population on Oct. 11, the memo said.Minnesota’s seven-day COVID-19 hospitalization rate also hit a five-month peak at 11.3 per 100,000 population on Oct.11. Minnesota reported a 19% increase in cases between the weeks ending Oct. 4 and Oct. 11, which state health officials said is linked to widespread transmission rather than clustered outbreaks, according to the memo.Mississippi saw a 22.4% increase in COVID-19 cases in the week ending Oct. 11, compared to the previous week. The seven-day and 14-day averages for new cases continued to rise statewide, reaching levels not seen since early September. State officials are concerned that Mississippi is at the start of a second surge and have estimated that the cause of the increasing spread is sustained community transmission. Six major hospitals in the state were reported to have no more ICU surge capacity, the memo said.Meanwhile, COVID-19 has devastated the Mississippi Band of Choctaw Indians, with the disease infecting more than 10% of the tribe and killing at least 81 of them, according to the memo.North Carolina and Tennessee are two of five U.S. states that reported a greater than 50% increase in COVID-19 cases over the past week, the memo said.COVID-19 hospitalizations continue to rise across Ohio, with the state’s seven-day rate at 11.9 per 100,000 population on Oct. 11, according to the memo.Pennsylvania recorded its highest daily case count in six months on Oct. 10 with 1,742 new cases. Multiple counties across the state reported a doubling of new cases during the period of Oct. 5-11, the memo said.Oct 15, 4:45 amUS reports nearly 60,000 new cases in highest daily count since AugustThere were 59,494 new cases of COVID-19 identified in the United States on Wednesday, the country’s highest daily tally since Aug. 14, according to a real-time count kept by Johns Hopkins University.The latest daily tally is up by more than 7,000 from the previous day but still falls under the country’s record set on July 16, when there were 77,255 new cases in a 24-hour-reporting period.An additional 985 coronavirus-related fatalities were also recorded Wednesday, up by nearly 200 from the previous day but down from a peak of 2,666 new fatalities reported on April 17.A total of 7,916,532 people in the United States have been diagnosed with COVID-19 since the pandemic began, and at least 216,903 of them have died, according to Johns Hopkins. The cases include people from all 50 U.S. states, Washington, D.C. and other U.S. territories as well as repatriated citizens.By May 20, all U.S. states had begun lifting stay-at-home orders and other restrictions put in place to curb the spread of the novel coronavirus. The day-to-day increase in the country’s cases then hovered around 20,000 for a couple of weeks before shooting back up and crossing 70,000 for the first time in mid-July. The daily tally of new cases has gradually come down since then but has started to climb again in recent weeks.The number of new COVID-19 cases recorded in the United States increased by double digits in week-over-week comparisons, while the number of new deaths from the disease continued to tick downward slightly, according to an internal memo from the U.S. Department of Health and Human Services that was obtained by ABC News on Wednesday night.Copyright © 2020, ABC Audio. All rights reserved.last_img read more

Eric Lamaze Places Third in €375,000 Grand Prix of Doha

first_img Subscribe to the Horse Sport newsletter and get an exclusive bonus digital edition! Horse Sport Enews We’ll send you our regular newsletter and include you in our monthly giveaways. PLUS, you’ll receive our exclusive Rider Fitness digital edition with 15 exercises for more effective riding. SIGN UP Canadian Olympic champion Eric Lamaze closed out two weeks of competition in Doha, Qatar, with a third-place finish in the €375,000 CSI5* Grand Prix of Doha on Saturday, March 6. The event was part of the Global Champions Tour which opened its 2021 season in Doha.Riding Dieu Merci van T&L, Lamaze was one of seven riders to qualify for the jump-off in the state-of-the-art Al Shaqab Equestrian Center stadium. Niels Bruynseels of Belgium had the winning time of 39.93 seconds riding Delux van T&L while Italy’s Lorenzo de Luca was second in a time of 40.20 seconds with Nuance Bleue VDM Z. Lamaze was close behind with a time of 40.35 seconds to join the top three on the podium.Lamaze had been competing at the Winter Equestrian Festival in Wellington, FL, prior to flying two of his top horses, Dieu Merci van T&L and his 2016 Olympic bronze medal partner, Fine Lady 5, to Doha for two back-to-back weeks of five-star competition. While Fine Lady 5, owned by Artisan Farms LLC, has been a mainstay in Eric’s competition string for the past eight seasons, Dieu Merci van T&L joined the line-up last summer when Lamaze’s Torrey Pines Stable Inc. purchased the horse in partnership with Mark Rein and his wife, Tara Dow-Rein.“If Tokyo goes ahead and I’m chosen as the Canadian representative, I will definitely go with this horse.”“I chose to go to Doha to give Dieu Merci some experience in a different venue,” explained Lamaze of the 12-year-old bay Belgian Sport Horse stallion (Toulon x Corrado I). “It’s a horse that has some experience at the two and three-star level, mostly gained at the same competitions in Europe. My strategy in coming to Doha was to bring him into a new venue with a championship feeling to it.“He proved he is more than capable of competing with the best in the world,” continued Lamaze, 52, who is a gold, silver, and bronze Olympic medalist. “I love the horse. He’s careful and he’s scopey. If Tokyo goes ahead and I’m chosen as the Canadian representative, I will definitely go with this horse.”The opening event of the Global Champions Tour also marked the first Global Champions League team event of the season. This year, Lamaze is riding as part of the Cascais Charms alongside Carlos and René Lopez, both of Colombia; Ahmad Hamcho of Syria; Under 25 rider Jodie Hall-McAteer of Great Britain; and team owner Sadri Fegaier of France.“We were one rail away from being on the podium this week,” said Lamaze of his Cascais Charms debut. “It was a great opportunity to be on the team with Carlos, Rene, and team owner Sadri Fegaier. Given the COVID situation, this is still a bit of an unknown year for competition but I feel like the Global Champions Tour team will do everything it can to make sure the events happen. Competing for the Cascais Charms will be my main focus this year along with preparing for Tokyo if I am chosen to go.”With competition concluded in Doha, Lamaze, as well as Dieu Merci and Fine Lady 5, will return to his European base in Écaussinnes, Belgium. After spending a week checking on operations and working with the younger horses in his training and sales program, Lamaze will return to Wellington, FL. He plans to compete during weeks 10 and 11 of the Winter Equestrian Festival with the horses that are still in Florida, including Chacco Kid. He is especially looking forward to contesting the $500,000 CSI5* Rolex Grand Prix, scheduled for Saturday, March 27, before returning to Europe.Lamaze has steadily been building a large sales and training program and recently began establishing a breeding program with three top stallions, including Dieu Merci van T&L. With bases in Europe and the U.S., Torrey Pines Stable is recognized as an international leader in horse sport sales. For more information, visit and Tags: Eric Lamaze, Al Shaqab, show jumping, Doha, Qatar, Dieu Merci van T&L, CSI5* Grand Prix of Doha, Email* More from News:MARS Bromont CCI Announces Requirements For US-Based RidersThe first set of requirements to allow American athletes and support teams to enter Canada for the June 2-6 competition have been released.Canadian Eventer Jessica Phoenix Reaches the 100 CCI4*-S MarkPhoenix achieved the milestone while riding Pavarotti at the inaugural 2021 CCI4*-S at the Land Rover Kentucky Three-Day Event.Tribunal Satisfied That Kocher Made Prolonged Use of Electric SpursAs well as horse abuse, the US rider is found to have brought the sport into disrepute and committed criminal acts under Swiss law.Washington International Horse Show Returns to TryonTIEC will again provide the venue for the WIHS Oct. 26-31 with a full schedule of hunter, jumper and equitation classes.last_img read more

Years of Dishonesty Costs the GOP

first_imgYears of Dishonesty Costs the GOPMaking Sense by Michael ReaganI saw an honest Republican congressman on TV the other day.I was so shocked I can’t remember who it was or what channel I was watching.But he gave the most truthful explanation I’ve heard from aRepublican politician all year about why the GOP can’t get it together on health care reform.The congressman was asked the same simple question that House and Senate Republicans have been asked a million times before —- “Why didn’t you guys have a bill ready in January that would repeal and replace ObamaCare?”After all, for seven years Republicans had railed in unison against the stupidities, inefficiencies and inequities of ObamaCare.Republican candidates in flyover country had used the “repeal & replace” mantra to help them win dozens of governorships, House seats and Senate seats.The GOP-controlled House had bravely and boldly voted for bills to repeal it at least five hundred times.Then last fall Donald Trump shocked the world and Republicans even took narrow control of the U.S. Senate.Repealing ObamaCare suddenly became possible.But as the honest congressman I saw on TV admitted, the GOP wasn’t ready because “We never thought Donald Trump would win.”Like everyone else in the political and media establishment, Republicans in DC believed Hillary Clinton was sure to be the next president.With her and Bill in the Oval Office armed with their veto pens, the GOP had no serious plans drawn up for ending ObamaCare – or trying to do anything else.So when Trump won on Nov. 8, 2016,, Republicans in Congress basically said, “Oh, crap. What do we do now?”Overnight a whole bunch of Republicans became terrified about having to back up their tough repeal-and-replace talk with actual legislation.Eight months later they’re still looking for their conservative spines and trying to figure out what to do.They’re stuck between living up to their empty promises or losing their seats in Congress in 2018.They’re afraid to vote to take away the “free” or subsidized health care coverage ObamaCare gave millions of voters as it wrecked the already government- wrecked health care world.But if they lose control of the Senate in 2018, Republicans are done. They’ll see nothing passed if Chuck Schumer and the Democrats get to run the Senate.Schumer will do what Harry Reid did when he was boss —- make sure no House bill ever comes up for a vote in the Senate.At least this week the Senate took President Trump’s hint and put off their summer vacations for two weeks.Now GOP leaders are again promising us they’ll put together a health care reform package that Rand Paul, Susan Collins and 48 other Republicans can vote for.Ted Cruz announced Thursday that he’ll vote for the new bill as it exists at this point in time, but who knows what will change by next week.After all the tough talk, Republicans may end up having to sit down with Democrats to “repair” ObamaCare, which will mean we’ll never be able to shop for health insurance across state lines and idiotic things like mandated maternity benefits for grandmothers will live forever.FacebookTwitterCopy LinkEmailSharelast_img read more

Organ Transplant Recipient Talks About the “Gift of Life”

first_imgBy Donald WittkowskiEvery year, on Sept. 15, Joe Pratt sends a “thank you” card to a family he has never met.That date is the anniversary of Pratt’s life-saving surgery in 2013. He received two transplanted lungs from an organ donor who was killed in a car crash and was just 23 years old.“This is all the information we have on my donor,” Pratt said of the man’s age and how he died. “I wish I knew more.”Pratt, 74, of Upper Township, sends the cards to his donor’s family members to thank them and let them know he is in good health now. The cards are forwarded to the family by the Gift of Life Donor Program, but Pratt has not yet received a reply.“Hopefully, one day I’ll have an opportunity to meet my donor family,” he said.Pratt shared his story Saturday with 15 people who came to the Macedonia United Methodist Church in Ocean City to hear about the national organ donation program and how it is literally “the gift of life.”“If it was not for my donor family, I would not be standing here today,” Pratt said.Pratt spoke from an organ recipient’s point of view, but the audience also heard from the parents of a teenager whose heart, lungs, kidneys and pancreas were donated to four people.Vivian and Tom Gano, of Cherry Hill, recounted the tragic day in 1986 when their 16-year-old son, Curtis, was hit by a van while riding his bicycle. Two days later, while he was in the hospital, Curtis was declared brain dead.“I feel very strongly that we made the right decision,” Vivian Gano said of donating Curtis’ organs. “I feel my son was a hero, because he saved lives.”Tom and Vivian Gano display a photo of their late son, Curtis, who was an organ donor.The Ganos and Pratt are volunteers with the Gift of Life Donor Program. They appear at schools and before other groups to urge people to sign up to become organ donors.“When the time comes, I hope you can donate the gift of life, like our son Curtis did,” Tom Gano told the audience at Macedonia United Methodist Church.Organ donors and their families may choose to remain anonymous, which explains why Pratt has never heard from his donor’s family. The Ganos never met the recipients of their son’s organs or their families.Pratt’s daughter, Joselle Pratt, said that 118,000 people nationwide are on a waiting list for organ transplants. Many don’t live long enough to receive them.“Twenty-two people die each day waiting for an organ transplant,” said Joselle Pratt, of Norristown, Pa.Joe Pratt was suffering from a debilitating lung disease when he was placed on the organ transplant list in 2013. At 11 o’clock, on the night of Sept. 14, 2013, he received a call that two donated lungs were waiting for him at Temple University Hospital in Philadelphia. He underwent surgery the next day.“When I woke up, I had two brand new lungs,” he said.Pratt is a member of the Macedonia United Methodist Church. Joan Robertson, a church leader, said in a prayer that God had intervened to save Pratt and have him serve as an inspiration to others.“God has a mission for all of us,” Robertson said. “Brother Joe is a living example of organ donation. I thank God for the family that had the courage to give that gift of life.”Robertson also recited a prayer that paid tribute to the Ganos and their son.“He is living on in many places and in many hearts,” she said of Curtis.A sign on the door of the Macedonia United Methodist Church urges people to become organ donors. Organ recipient Joe Pratt is joined by his daughter, Joselle Pratt, at the Macedonia United Methodist Church in Ocean City.last_img read more

Fire devastates Speedibake bakery site in Yorkshire

first_imgA large blaze at the Speedibake factory in Wakefield has been tackled by more than 100 firefighters this weekend.The fire broke out Saturday lunchtime at the site in Colinsway, which produces doughnuts, mince pies and speciality breads, and fire services were still on-site on Sunday night, dealing with the situation.By mid-afternoon on Saturday, West Yorkshire Fire & Rescue reported that 75% of the factory’s 80 metre by 80 metre ground floor was involved and that 140 fire fighters were on-site.Speedibake, which is part of the AB Grains business owned by Associated British Foods, said all staff had been evacuated and there were no injuries.The alarm was raised at 1.17pm on Saturday, with 20 pumps from across the county sent to deal with the blaze.At one stage, local people were told to stay indoors with their windows shut because of concerns over asbestos in the smoke plume from the blaze. It was later confirmed that no asbestos was present in the section of the building involved in fire.At 11pm on Sunday night, almost 36 hours after the fire was first reported, four fire service pumps and an aerial appliance were still on the site, and were expected to stay there overnight.Speedibake said it was “extremely grateful for the ongoing work and tireless support of the emergency services”, which had responded to a fire at its facility in Colinsway, Wakefield.“We continue to work with the fire service as they remain on-site and can confirm the building was evacuated swiftly in line with our procedures and there were no injuries reported to any of our employees. Speedibake’s other facility in Bradford remains fully operational.”last_img read more

Model situation?

first_imgIn 2009, when the United States fell into economic recession, greenhouse gas emissions also fell, by 6.59 percent relative to 2008.In the power sector, however, the recession was not the main cause.Researchers at the Harvard School of Engineering and Applied Sciences (SEAS) have shown that the primary explanation for the reduction in CO2 emissions from power generation that year was that a decrease in the price of natural gas reduced the industry’s reliance on coal.According to their econometric model, emissions could be cut further by the introduction of a carbon tax, with negligible impact on the price of electricity for consumers.”If the gas price continues to drop, you’ll continue to go down this curve so that you’ll knock out not just the really ancient coal-fired power plants, but maybe some of the more recent coal-fired plants,” said Xi Lu. Image courtesy of Bruno D. Rodrigues via FlickrA regional analysis, assessing the long-term implications for energy investment and policy, appears in the journal Environmental Science & Technology.In the United States, the power sector is responsible for 40 percent of all carbon emissions. In 2009, CO2 emissions from power generation dropped by 8.76 percent. The researchers attribute that change to the new abundance of cheap natural gas.“Generating 1 kilowatt-hour of electricity from coal releases twice as much CO2 to the atmosphere as generating the same amount from natural gas, so a slight shift in the relative prices of coal and natural gas can result in a sharp drop in carbon emissions,” explains Michael B. McElroy, Gilbert Butler Professor of Environmental Studies at SEAS, who led the study.“That’s what we saw in 2009,” he says, “and we may well see it again.”Patterns of electricity generation, use, and pricing vary widely across the United States. In parts of the Midwest, for instance, almost half of the available power plants (by capacity) were built to process coal. Electricity production can only switch over to natural gas to the extent that gas-fired plants are available to meet the demand. By contrast, the Pacific states and New England barely rely on coal, so price differences there might make less of an impact.To account for the many variables, McElroy and his colleagues at SEAS developed a model that considers nine regions separately.Their model identifies the relationship between the cost of electricity generation from coal and gas and the fraction of electricity generated from coal.“When the natural gas prices are high, as they were four years ago, if the gas prices come down a little bit, it doesn’t make any difference,” explains lead author Xi Lu, a postdoctoral associate at SEAS. “But there’s a critical price level where the gas systems become more cost-effective than the oldest coal-fired systems.“If the gas price continues to drop, you’ll continue to go down this curve so that you’ll knock out not just the really ancient coal-fired power plants, but maybe some of the more recent coal-fired plants.”The model also predicts that a government-imposed carbon tax on emissions from power generation would drive a move away from coal.“With a relatively modest carbon tax — about $5 per ton of CO2 — you could save 31 million tons of CO2 in the United States, and that would change the price of electricity by a barely noticeable amount,” says McElroy.The initial model was developed by Jackson Salovaara ’11, an applied mathematics concentrator at SEAS. His work was recognized as the “best senior thesis” in the Harvard Environmental Economics Program, earning him the Stone Prize in May 2011.Since then, the model has been “souped up,” incorporating more sophisticated regional data analysis, and producing not just the findings on 2009 but also predictions for more recent years.“While the data from 2011 are not yet available, based on the gas prices, we’re making a confident prediction that there should be a continued shift from coal to natural gas in 2011 as compared to 2008,” says McElroy.“That’s good news for the atmosphere.”The research was supported by the National Science Foundation.last_img read more