Queen praises ‘invaluable’ role of trusted news during Covid-19 crisis

first_imgThe royal couple have previously launched attacks on the media for alleged misreporting and invasions of privacy. News organisations have enjoyed a surge in readership during the pandemic as Brits flock to trusted sources for the latest updates on the crisis. The Queen’s positive intervention contrasts with the hostile approach taken by her grandson Prince Harry and his wife Meghan Markle. “The efforts of the news media to support communities throughout the United Kingdom during the pandemic have been invaluable – whether through fundraising, encouraging volunteering, or providing a lifeline for the elderly and vulnerable to the outside world.” In a letter to industry body News Media Association, the monarch said the Covid-19 pandemic had “once again demonstrated what an important public service the established news media provides, both nationally and regionally”. They have since signed a multi-year deal with Netflix to produce documentaries about their family.  The monarch hailed the “vital” work of the mainstream news media amid a proliferation of fake and misleading news on social media. More From Our Partners Biden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.org (Getty Images) Also Read: Queen praises ‘invaluable’ role of trusted news during Covid-19 crisis (Getty Images) Last week the Duchess of Sussex lost the latest High Court battle against the Mail on Sunday, marking a further setback in her attempts to sue the newspaper over its decision to publish a letter to her father. Readership of UK national news websites jumped by a fifth year on year in June to hit 22m, according to the latest figures from Pamco. Queen praises ‘invaluable’ role of trusted news during Covid-19 crisis center_img The data shows the continued popularity of the mainstream media, even as outlets battle a squeeze on revenue due to lower footfall and advertising income caused by the pandemic. Show Comments ▼ James Warrington whatsapp Share The Queen has thrown her weight behind trusted news organisations, praising them for providing an “invaluable” service during the coronavirus pandemic. (Getty Images) Also Read: Queen praises ‘invaluable’ role of trusted news during Covid-19 crisis whatsapp “As our world has changed dramatically, having trusted, reliable sources of information, particularly at a time when there are so many sources competing for our attention, is vital,” she said. Monday 5 October 2020 1:04 pmlast_img read more

Would Straight Outta Compton Have Been an Oscar Contender if Paul…

first_imgFilmWould Straight Outta Compton Have Been an Oscar Contender if Paul Giamatti, AKA a White Guy, Was the Star?One YouTuber recut the film from Giamatti’s perspectiveBy Jessica P. Ogilvie – March 1, 20161631ShareEmailFacebookTwitterPinterestReddItThis weekend’s Oscars were overshadowed by the gloomy fact that Straight Outta Compton, arguably one of the best movies of the year, didn’t get a nod for awards in acting, directing or Best Picture.But YouTube user Super Deluxe did something incredible by remixing footage from the film and turning it into something that the Industry might perceive as a more “traditional” Oscar contender. How? By having the whole story told from Paul Giamatti’s point of view.Behold: TAGSOscarsStraight Outta ComptonPrevious articleKing Taco Is Not Worthy of the CrownNext article10 Films You Can’t Miss at Cinefamily’s Month-Long Homage to ’80s Indie CinemaJessica P. Ogilvie RELATED ARTICLESMORE FROM AUTHORThe Oscars Red Carpet Was Back in a Big WayBoring? Reverent? Here’s Who Won at This Year’s Decidedly Different OscarsCelebrate Oscar Night with These Events and At-Home Optionslast_img read more

News / Forwarders urge US lawmakers to ‘get real’ on cargo security

first_img Forwarders are urging US lawmakers to update cargo security legislation to bring key elements of the current regime in line with commercial realities.However, vital aspects appear stuck in Washington at the moment, while Congress is mulling an update of another element, the Customs – Trade Partnership Against Terrorism (C-TPAT).Recent days have brought some progress for the industry on the cargo security front. A joint petition from the US Airforwarders Association (AfA) and the National Customs Brokers and Forwarders Association asking the Transportation Security Agency (TSA) to reconsider proposed changes in training has prompted the agency to promise that it will shortly release new training materials, the industry bodies jubilantly told their members.Meanwhile, a group of members of Congress has tabled proposed legislation that seeks to re-authorise the C-TPAT programme. By Ian Putzger 15/08/2017 © Rafael Ben-ari center_img The politicians want to update C-TPAT “to reflect our modern global economy” in order for participants to benefit from shorter wait times and fewer inspections at ports of entry. They pointed out that this would be the first update since the introduction of the regime 11 years ago.Brandon Fried, executive director of the AfA, said C-TPAT had been stagnant and was overdue for an update. Above all, it requires adequate funding, he says.“These programmes don’t run well if they’re under-funded.”AfA members have not been very vocal on C-TPAT, though. Many of them are participants – purely because shippers include this in the requirements for tenders, Mr Fried said.The benefits appear negligible. Truckers and shippers moving goods across the US-Canada border have repeatedly complained about lack of C-TPAT infrastructure at crossing points, forcing their cargo in line with operators that are not on the programme.Mr Fried is more sanguine about the need to update the known shipper element of the current air cargo security regime.The TSA prohibits forwarders from disclosing details of the programme, but Mr Fried has raised a number of general points that need addressing. He pointed out that the concept had been in play for some time, predating the rise of e-commerce.Forwarders that try to get involved in e-commerce traffic are facing obstacles. For the most part, these are not insurmountable but they are time-consuming, he says, adding: “If you talk about time-definite consignments, that pretty much takes the forwarder out of the picture”.Moreover, the current setup is prone to technical faults, he believes.“If you’re going to have technical issues with the one resource that allows access, that’s a show stopper,” he said. “They should at least create a fallback mechanism.”However, Mr Fried stressed that the AfA fully supported the concept in principle. “Known shipper is an important tool. We don’t advocate that it should go away, we advocate to update it and make it more user-friendly.”He went on to describe the known shipper programme as one element among others in a security regime whose success is based on the interplay of multiple layers.The AfA has called for one particular aspect of this – the screening of cargo – to be strengthened through the deployment of sniffer dogs. Noting that the number of dogs used by the TSA is relatively low, the forwarder organisation has championed the call for privatised canine screening to be admitted – under strict guidelines from and subject to scrutiny by the government agency.The TSA has signalled its approval of the scheme, but it is up to US lawmakers to pave the way. Proposed legislation on this is included in the bill for the re-authorisation of the Department of Homeland Security, which appears to languishing on Capitol Hill.“I hear some talk about taking it out of there and sticking it in the FAA authorisation, but that’s talk. There’s always talk in Washington,” Mr Fried said.last_img read more

Met Eireann issue snow warning for Laois as accumulations expected

first_img Electric Picnic apply to Laois County Council for new date for this year’s festival Laois Councillor ‘amazed’ at Electric Picnic decision to apply for later date for 2021 festival Previous articleJanuary car sales down – but increase in electric and hybrid registrationsNext article‘All parents should have life assurance. I think it should be made compulsory’ LaoisToday Reporter RELATED ARTICLESMORE FROM AUTHOR Electric Picnic organisers release statement following confirmation of new festival date Pinterest Facebook Electric Picnic WhatsApp WhatsApp Twitter Met Eireann issue snow warning for Laois as accumulations expected TAGSSnow Twitter Pinterest Facebook Electric Picnic By LaoisToday Reporter – 9th February 2021 Electric Picnic Home News Met Eireann issue snow warning for Laois as accumulations expected News Met Eireann have issued a snow/ice warning for almost all of Ireland, including Laois, for Thursday.Up to now, it had been unclear whether Thursday would bring rain or snow but the national forecaster has now predicted the latter.This warning comes into effect at 8am on Thursday and lasts for 24 hours.They say: “We have issued a Snow/Ice warning for Munster, Connacht and Leinster.“A band of sleet and snow spreading northeastwards during Thursday giving snow accumulations of up to 5cm in some areas (higher over the mountains).“But it will transition to rain in the west and south on Thursday night.”The snow arrived in parts of the country yesterday – but none so far in Laois.Parts of Monaghan, Roscommon, Cavan, Dublin and Meath saw significant snowfall overnight with Kildare, Louth, Wicklow and Westmeath all forecast to see accumulations of snow today.Treacherous conditions have been caused by very cold temperatures in low single figures by day and with sharp or severe frosts and icy patches at night.Showers of sleet and snow are expected in the eastern half of the country today and tomorrow, which will lead to hazardous conditions with roads and paths, Met Éireann have said.Temperatures are set to remain near freezing throughout today while it is forecast to dip as low as -5C tonight in some counties.SEE ALSO – New Laois GAA hurling chairman confirmed for 2021 seasonlast_img read more

Preferred proponent chosen for METRONET’s Lakelands Station

first_imgPreferred proponent chosen for METRONET’s Lakelands Station The preferred proponent to construct METRONET’s Lakelands Station has today been revealed with construction on schedule to start next year.ADCO Constructions will design and construct the train station, including an entry building with a pedestrian overpass connecting the train platforms, bus interchange, 400-bay car park and associated infrastructure.The contract will be awarded in early 2021 with construction supporting more than 200 jobs.Lakelands Station is expected to be operational in 2023.Federal Minister for Population, Cities and Urban Infrastructure Alan Tudge said the Morrison Government’s multi-billion-dollar investment in METRONET was transforming Perth’s public transport network. “Our investment in METRONET is re-shaping Perth and we’re seeing that happen before our very eyes,” Mr Tudge said.“Across Perth and WA we have committed to targeted infrastructure which means jobs for hard-working West Australians and a massive boost for the WA economy.”Western Australian Transport Minister Rita Saffioti said the Mandurah train line was the busiest line on the rail network.“With more than 2,300 passengers expected to use Lakelands Station from day one, this new station will help take pressure off the busy nearby Mandurah and Warnbro stations,” she said.“Combined with the new multi-storey carpark being built at Mandurah Station, this new station will support up to 200 local jobs during construction while also providing better access to public transport in our southern suburbs.“With construction estimated to start early next year, this will be our tenth METRONET project underway.”Federal Member for Canning Andrew Hastie said the Federal Government had allocated 80 per cent of the funding for this project.“It’s very exciting to see the Lakelands Train Station – which is a long-held dream for many in the north Mandurah community – a step closer to becoming reality,” he said.“Many residents have told me how they chose to make Lakelands their home in part because the development would include a local train station. For some, that was 10 years ago. Having provided 80% of funding, the Morrison Government has made sure that promise is kept.”State Member for Mandurah David Templeman said his electorate has been waiting for this train station for a long time and it would help change the way Mandurah residents travel.“With 23km of uninterrupted track between Warnbro and Mandurah stations, Lakelands will provide residents in Mandurah’s northern suburbs with a new train station right on their doorstep,” he said.“Work will start on the project in early 2021 and is expected to be completed in 2023.”Lakelands Station will be built 7km north of Mandurah Station with car park access off Ashwood Parkway and bus access from Lake Valley Drive, and will service the growing suburbs of Lakelands, Madora Bay, Meadow Springs and their surrounds.The new station is forecast to generate about 2,300 daily boardings, increasing to about 3,500 by 2031.The project is jointly funded by the State and Commonwealth Governments, with 80 per cent provided by the Commonwealth Government. /Public Release. This material comes from the originating organization and may be of a point-in-time nature, edited for clarity, style and length. View in full here. Why?Well, unlike many news organisations, we have no sponsors, no corporate or ideological interests. We don’t put up a paywall – we believe in free access to information of public interest. Media ownership in Australia is one of the most concentrated in the world (Learn more). Since the trend of consolidation is and has historically been upward, fewer and fewer individuals or organizations control increasing shares of the mass media in our country. According to independent assessment, about 98% of the media sector is held by three conglomerates. This tendency is not only totally unacceptable, but also to a degree frightening). Learn more hereWe endeavour to provide the community with real-time access to true unfiltered news firsthand from primary sources. It is a bumpy road with all sorties of difficulties. We can only achieve this goal together. Our website is open to any citizen journalists and organizations who want to contribute, publish high-quality insights or send media releases to improve public access to impartial information. You and we have the right to know, learn, read, hear what and how we deem appropriate.Your support is greatly appreciated. All donations are kept completely private and confidential.Thank you in advance!Tags:Australia, Australian, building, commonwealth, community, federal government, Government, infrastructure, Investment, Minister, Morrison Government, Pedestrian, southern suburbs, Transport, WA, Western Australialast_img read more

U.S. President Biden’s Remarks on Russia

first_imgU.S. President Biden’s Remarks on Russia The White HouseTHE PRESIDENT: Hello, folks. Thanks for coming over.Good afternoon, everyone. Earlier this week, I spoke with President Putin of Russia about the nature of our relationship — the relationship between our two countries. And I was candid and respectful; the conversation was candid and respectful.Two great powers with significant responsibility for global stability. And President Putin and I have had a significant responsibility to steward that relationship. I take that responsibility very seriously, as I’m sure he does.Russia and Americans are both proud and patriotic people. And I believe the Russian people, like the American people, are invested in peaceful and a secure future of our world.During the campaign for my — for the presidency, I was unequivocal that if I was elected President, I’d respond to any attempt to influence our elections — the last election — and — because elections are sacred. They’re sovereign undertakings, and they’re an expression of the will of the American people, and we cannot allow a foreign power to interfere in our dome- — democratic process with impunity.And I told him: If it turned out that the invest- — as I thought — that there was engagement in our elections, that I would — that I’d respond.Later, during the transition, as we learned more about the SolarWinds cyber intrusion, I made clear that I would respond once we determined who had, in fact, conducted a hack on the scope and scale that occurred.When President Putin called me in January, after I was sworn in, to congratulate me, I told him that my administration — we were looking very carefully, now that we had access to all the data, at the issues that — to assess Russia’s role and then determine what response we would make.When we spoke again this week, I told him that we would shortly be responding in a measured and proportionate way because we had concluded that they had interfered in the election and SolarWinds was totally out of the — inappropriate.Today, I’ve approved several steps, including expulsion of several Russian officials, as a consequence of their actions. I’ve also signed an executive order authorizing new measures, including sanctions to address specific harmful actions that Russia has taken against U.S. interests.I was clear with President Putin that we could have gone further, but I chose not to do so, to be — I chose to be proportionate.The United States is not looking to kick off a cycle of ecs- — of escalation and conflict with Russia. We want a stable, predictable relationship.If Russia continues to interfere with our democracy, I’m prepared to take further actions to respond. It is my responsibility, as President of the United States, to do so.But throughout our long history of competition, our two countries have been able to find ways to manage tensions and to keep them from escalating out of control.There are also areas where Russia and the United States can and should work together. For example, in the earliest days of my administration, we were able to move quickly to extend, for five years, the New START Treaty, and maintain that key element of nuclear stability between our nations. That was in the interest of the United States, of Russia, and, quite frankly, of the world, and we got it done.When I spoke to President Putin, I expressed my belief that communication between the two of us, personally and directly, was to be essential in moving forward to a more effective relationship. And he agreed on that point.To that end, I proposed that we meet in person this summer in Europe, for a summit to address a range of issues facing both of our countries. Our teams are discussing that possibility right now.And out of that summit — were it to occur, and I believe it will — the United States and Russia could launch a strategic stability dialogue to pursue cooperation in arms control and security. We can address critical global challenges that require Russia and the United States to work together, including reining in nuclear threats from Iran and North Korea, ending this pandemic globally, and meeting the existential crisis of climate change.I also made clear to President Clutin [sic] that the United — Putin — that the United States is unwavering in our support of our allies and partners in Europe. In that vein, I expressed concern about Russia’s military buildup on Ukraine’s border and occup- — and in occupied Crimea. I affirmed U.S. support for the sovereignty and territorial integrity of Ukraine. And I strongly urged him to refrain from any military action.Now is the time to de-escalate. The way forward is through thoughtful dialogue and diplomatic process. The U.S. is prepared to continue constructively to move forward that process.My bottom line is this: Where it is in the interest of the United States to work with Russia, we should and we will. Where Russia seeks to violate the interests of the United States, we will respond. And we’ll always stand in defense of our country, our institutions, our people, and our allies.Thank you very much for your time.Q Mr. President, did President Putin give you any indication in that call that he is willing to change his behavior?THE PRESIDENT: We indicated we would talk about it. I laid out, as I said, very simply — I told — I said during the campaign; I said when he called to congratulate me on being elected; I said, subsequent to that, this last conversation, that if it turned out that he was engaged in the activities that he’d been accused of in cybersecurity and SolarWinds and interfering in our elections that I would respond in kind.I urged him to respond appropriately, not to exceed it, because we can move as well. My hope and expectation is we’ll be able to work out a modus vivendi. And — but it’s important that we have direct talks and that we continue to be in contact with one another.Thank you.Q (Cross-talk.)THE PRESIDENT: Pardon me?Q Why not — on Nord Stream, why didn’t you keep going with the sanct- — sanctions on Nord Stream 2, Mr. President?THE PRESIDENT: Nord Stream 2 is a complicated issue affecting our allies in Europe. I’ve been opposed to Nord Stream 2 for a long time, from the beginning, when I was even — when I was out of office and even before office, when we — before I left office as Vice President. But that still is an issue that is in play.Thank you very much.5:03 P.M. EDT /Public Release. This material comes from the originating organization and may be of a point-in-time nature, edited for clarity, style and length. View in full here. Why?Well, unlike many news organisations, we have no sponsors, no corporate or ideological interests. We don’t put up a paywall – we believe in free access to information of public interest. Media ownership in Australia is one of the most concentrated in the world (Learn more). Since the trend of consolidation is and has historically been upward, fewer and fewer individuals or organizations control increasing shares of the mass media in our country. According to independent assessment, about 98% of the media sector is held by three conglomerates. This tendency is not only totally unacceptable, but also to a degree frightening). Learn more hereWe endeavour to provide the community with real-time access to true unfiltered news firsthand from primary sources. It is a bumpy road with all sorties of difficulties. We can only achieve this goal together. Our website is open to any citizen journalists and organizations who want to contribute, publish high-quality insights or send media releases to improve public access to impartial information. You and we have the right to know, learn, read, hear what and how we deem appropriate.Your support is greatly appreciated. All donations are kept completely private and confidential.Thank you in advance!Tags:america, american, climate change, communication, Crimea, cybersecurity, Europe, executive order, Government, Iran, Nord Stream, North Korea, presidency, Putin, Russia, Ukraine, United States, White Houselast_img read more

Dodge Challenger Demon leaves the line like a bat out of hell

first_imgCreated with Raphaël 2.1.2Created with Raphaël 2.1.2 The Dodge Challenger Demon’s barely street-legal Nitto tires. But when you want to leave the line hard, you want the engine spooled up and ready to go. A higher stall speed – say 3,500 rpm – allows that engine to wind out to the meat of its torque band before the converter loads up and turns all that rpm into forward momentum.  We encourage all readers to share their views on our articles using Facebook commenting Visit our FAQ page for more information. See More Videos Buy It! Princess Diana’s humble little 1981 Ford Escort is up for auction An engagement gift from Prince Charles, the car is being sold by a Princess Di “superfan” Trending in Canada Trending Videos The Rolls-Royce Boat Tail may be the most expensive new car ever advertisement COMMENTSSHARE YOUR THOUGHTS We previously knew the Dodge Challenger Demon wore beefy, wrinkle-wall and barely-legal drag slicks, but now we know that they have unprecedented power going through them.The Nitto NT05R tires, which measure 315 millimetres wide with a chunky 40-series aspect sidewall and 18-inch wheels, will have to deal with a higher stall speed torque converter. A what?The stall speed is the engine RPM at which an automatic transmission torque converter “loads up.” In most cars, this is at around 1,500 to 2,000 rpm to save fuel and minimize needless revolutions when leaving traffic lights normally. RELATED TAGSChallengerDodgeCoupePerformanceNew VehiclesPerformance VehiclesAutomotive ReviewsAutomotive TechnologyCars and Car DesignCulture and LifestyleDodge ChallengerMuscle CarsScience and TechnologyTechnologyVehicle Control Dodge says the torque converter, coupled with lower (numerically higher) 3.09:1 rear gears, should generate a 35 per cent better launch than the Hellcat. Consider us impressed. PlayThe Rolls-Royce Boat Tail may be the most expensive new car everPlay3 common new car problems (and how to prevent them) | Maintenance Advice | Driving.caPlayFinal 5 Minivan Contenders | Driving.caPlay2021 Volvo XC90 Recharge | Ministry of Interior Affairs | Driving.caPlayThe 2022 Ford F-150 Lightning is a new take on Canada’s fave truck | Driving.caPlayBuying a used Toyota Tundra? Check these 5 things first | Used Truck Advice | Driving.caPlayCanada’s most efficient trucks in 2021 | Driving.caPlay3 ways to make night driving safer and more comfortable | Advice | Driving.caPlayDriving into the Future: Sustainability and Innovation in tomorrow’s cars | Driving.ca virtual panelPlayThese spy shots get us an early glimpse of some future models | Driving.ca ‹ Previous Next ›last_img read more

Tesla losses reach US$702 million as deliveries dry up

first_img Trending Videos Trending in Canada Tesla also announced they would be building lower-priced versions of the Model S and X, and a new insurance product that Musk claims “will be much more compelling than anything else out there.” Oh, and a quiet, electric leaf blower, apparently. See More Videos ‹ Previous Next › The Model 3 in particular has been notoriously difficult to get off the production line, which has resulted in fewer deliveries. These losses also aren’t new territory for Tesla — it posted a US$710 billion loss in the first quarter of 2018.According to Automotive News, Tesla has been trying to claw back some of the cash by closing stores, laying off employees, and transferring to online-only sales. The brand also no longer benefits from federal tax rebates, meaning interest has somewhat shifted away from the California brand and onto its EV rivals from Germany.Despite Tesla introducing full self-driving to its customers just a few days ago, along with Musk claiming that one million robo-taxis will be on U.S. roads next year, the company appears to be losing steam and will need to raise some cash to keep operations going. RELATED TAGSTeslaLuxuryLuxury VehiclesNew Vehicles PlayThe Rolls-Royce Boat Tail may be the most expensive new car everPlay3 common new car problems (and how to prevent them) | Maintenance Advice | Driving.caPlayFinal 5 Minivan Contenders | Driving.caPlay2021 Volvo XC90 Recharge | Ministry of Interior Affairs | Driving.caPlayThe 2022 Ford F-150 Lightning is a new take on Canada’s fave truck | Driving.caPlayBuying a used Toyota Tundra? Check these 5 things first | Used Truck Advice | Driving.caPlayCanada’s most efficient trucks in 2021 | Driving.caPlay3 ways to make night driving safer and more comfortable | Advice | Driving.caPlayDriving into the Future: Sustainability and Innovation in tomorrow’s cars | Driving.ca virtual panelPlayThese spy shots get us an early glimpse of some future models | Driving.ca Tesla has reported a net loss of US$702 million dollars through the first three months of 2019, eclipsing the profits earned in the previous quarter by nearly six times.Elon Musk claimed this past February that Tesla would earn money every quarter of this year, but it seems like he may have been a bit overzealous with those predictions. Current revenue for this quarter came in at US$4.54 billion, down from the US$7.23 billion of the previous quarter.The massive losses can be attributed to a 31 percent drop in deliveries from the previous quarter which saw a US$139.5 million profit. Nearly 63,000 units were sold; 50,900 were Model 3s, while the rest were the more expensive Model S and X vehicles. The Rolls-Royce Boat Tail may be the most expensive new car ever We encourage all readers to share their views on our articles using Facebook commenting Visit our FAQ page for more information. Buy It! Princess Diana’s humble little 1981 Ford Escort is up for auction An engagement gift from Prince Charles, the car is being sold by a Princess Di “superfan” advertisement Created with Raphaël 2.1.2Created with Raphaël 2.1.2 Tesla Model 3  Tesla COMMENTSSHARE YOUR THOUGHTSlast_img read more

Need For Increased Youth Involvement in Agriculture Emphasized

first_imgStory HighlightsState Minister in the Ministry of Agriculture, Labour, and Social Security, Hon. Luther Buchanan, is emphasizing the need for more youth involvement in agriculture, to ensure the sector’s continued growth.Mr. Buchanan underscored this point while addressing the Rural Agricultural Development Authority (RADA) Hanover branch’s recent open day exhibition, held at the agency’s parish office in Lucea, which was staged under the theme: ‘Empowering Youth Involvement in Agriculture’.To this end, he said the Government has sought to ensure that a component is reserved for youth involvement and facilitation in all major state production initiatives and programmes, such as the Agro-parks. RelatedNeed for Increased Youth Involvement in Agriculture Emphasized Advertisements RelatedHanover Farmers Commended for Resilience Need For Increased Youth Involvement in Agriculture Emphasized AgricultureDecember 9, 2014Written by: Sharon Earlecenter_img FacebookTwitterWhatsAppEmail State Minister in the Ministry of Agriculture, Labour, and Social Security, Hon. Luther Buchanan, is emphasizing the need for more youth involvement in agriculture, to ensure the sector’s continued growth.Mr. Buchanan underscored this point while addressing the Rural Agricultural Development Authority (RADA) Hanover branch’s recent open day exhibition, held at the agency’s parish office in Lucea, which was staged under the theme: ‘Empowering Youth Involvement in Agriculture’.In voicing concern over the reluctance of more young people to opt for careers in agriculture, against the background of an ageing farming population, Minister Buchanan said “we recognise that if the… sector is to continue on its growth path and achieve renewal and continuity, we need to attract and retain (more) youth.”To this end, he said the Government has sought to ensure that a component is reserved for youth involvement and facilitation in all major state production initiatives and programmes, such as the Agro-parks.The State Minister also advised that the administration will be engaging financial institutions to provide funding and credit for young people interested in agriculture.While Mr. Buchanan lauded the achievements of the Jamaica 4H Clubs in recruiting and engaging youth in agriculture, which, he noted, is evident with the phenomenal enrolment of 85,000 members, he, however, stressed that the challenge remains in determining  how best to encourage them to choose a long-term career in agriculture.He contended that both RADA and Jamaica 4H must ensure that the enabling  environment and required support systems are in place to foster continued growth and sustained interest in and participation by young people in agriculture.Noting that the fortunes of the local and global economies will rely greatly on engagements in entrepreneurship, vocational enterprise, and cottage industries, Mr. Buchanan argued that “increasingly, young people will need to utilize their hands to create and nurture small businesses in order to create employment and income generation.”In this regard, he contended that there are numerous opportunities in agriculture for enterprise activities and self-employment.“The opportunities are there and we need to ensure that idle hands are put to work on idle lands, promoting production and productivity, while creating income generating opportunities. These are the right ingredients for family farming, recognised internationally as the real engine of agricultural production, being celebrated this year by the Food and Agriculture Organization (FAO) arm of the United Nations (UN),” he stated. RelatedLocal Egg Industry on Growth Pathlast_img read more

Oil price goes negative as demand collapses; stocks dip

first_imgHomeBusinessOil price goes negative as demand collapses; stocks dip Apr. 21, 2020 at 5:00 amBusinessCovid-19TransportationOil price goes negative as demand collapses; stocks dipAssociated Press1 year agocoronaviruseconomicoilpandemicstocks STAN CHOE, DAMIAN J. TROISE and ALEX VEIGAAP Business WritersOil futures plunged below zero on Monday, the latest never-before-seen number to come out of the economic coma caused by the coronavirus pandemic.Stocks and Treasury yields also dropped on Wall Street, with the S&P 500 down 1.8%, but the market’s most dramatic action by far was in oil, where the cost to have a barrel of U.S. crude delivered in May plummeted to negative $37.63. It was at roughly $60 at the start of the year.Traders are still paying $20.43 for a barrel of U.S. oil to be delivered in June, which analysts consider to be closer to the “true” price of oil. Crude to be delivered next month, meanwhile, is running up against a stark problem: traders are running out of places to keep it, with storage tanks close to full amid a collapse in demand as factories, automobiles and airplanes sit idled around the world.Tanks at a key energy hub in Oklahoma could hit their limits within three weeks, according to Chris Midgley, head of analytics at S&P Global Platts. Because of that, traders are willing to pay others to take that oil for delivery in May off their hands, so long as they also take the burden of figuring out where to keep it.“Almost by definition, crude oil has never fallen more than 100%, which is what happened today,” said Dave Ernsberger, global head of pricing and market insight at S&P Global Platts.“I don’t think any of us can really believe what we saw today,” he said. “This kind of rewrites the economics of oil trading.”Also exacerbating the volatility is that few traders are buying and selling U.S. oil to be delivered in May. They won’t even have the opportunity to do so after Tuesday, when trading contracts for it expire and the earliest delivery they’ll be able to buy is for June.Brent crude, the international standard, fell nearly 9% to $25.57 per barrel.The plunge in oil sent energy stocks in the S&P 500 to a 3.7% loss, the latest in a dismal 2020 that has caused their prices to nearly halve.Halliburton lurched between gains and sharp losses, even though it reported stronger results for the first three months of 2020 than analysts expected. The oilfield engineering company said that the pandemic has created so much turmoil in the industry that it “cannot reasonably estimate” how long the hit will last. It expects a further decline in revenue and profitability for the rest of 2020, particularly in North America.The S&P 500 fell 51.40 points to 2,823.16. The Dow Jones Industrial Average lost 592.05 points, or 2.4%, to 23,650.44, and the Nasdaq dropped 89.41, or 1%, to 8,560.73.The losses ate into some of the big gains indexes have made since late March, driven lately by investors anticipating the potential reopening of businesses as infections level off in hard-hit areas. Pessimists have called the rally overdone, pointing to the severe economic pain sweeping the world and continued uncertainty about how long it will last.“The government can declare whatever they want in terms of encouraging people to get out and do stuff,” said Willie Delwiche, investment strategist at Baird. “Whether or not broad swaths of society do that remains to be seen. It’s going to take seeing people start to get out and do stuff again. That will be the necessary positive development, not just declaring getting things open.”More gains from companies that are winners in the new stay-at-home economy helped limit the market’s losses. Netflix jumped 3.4% to set another record as people shut in at home look to fill their time. Amazon added 0.8%.In Asia, Tokyo’s Nikkei 225 fell 1.1%. The Hang Seng index in Hong Kong lost 0.2%, and South Korea’s Kospi fell 0.8%.European markets were modestly higher. The German DAX was up 0.5%, the French CAC 40 was up 0.7% and the FTSE 100 in London gained 0.7%.In a sign of continued caution in the market, Treasury yields remained extremely low. The yield on the 10-year Treasury slipped to 0.62% from 0.65% late Friday.Stocks have been on a general upward swing recently, and the S&P 500 just closed out its first back-to-back weekly gain since the market began selling off in February. Promises of massive aid for the economy and markets by the Federal Reserve and U.S. government ignited the rally, which sent the S&P 500 up as much as 28.5% from a low on March 23.More recently, countries around the world have tentatively eased up on business-shutdown restrictions put in place to slow the spread of the virus.But health experts warn the pandemic is far from over and new flareups could ignite if governments rush to allow “normal” life to return prematurely. The S&P 500 remains nearly 17% below its record high as millions more U.S. workers file for unemployment every week amid the shutdowns.Many analysts also warn that some of the the recent rally for stocks is due to expectations the economy will pivot quickly and rebound sharply once economic quarantines are lifted. Those could prove to be too optimistic.“There’s still uncertainty surrounding the reopening of the economy,” said Julian Emanuel, chief equity and derivatives strategist at BTIG. “Come fall, are we going to be back on airplanes? Are we going to go out and eat?”AP Business Writer Elaine Kurtenbach contributed.Tags :coronaviruseconomicoilpandemicstocksshare on Facebookshare on Twitteradd a commentNew test estimates 4% of L.A. 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