Smarter airport security

first_imgSource = ETB News: P.T. Under the previous security system, components of the checkpoints were tested individually, however, the SmartS system will test elements simultaneously to analyse operational interaction. The Airports Council International (ACI) and International Air Transport Association (IATA) signed a Memorandum of Understanding (MoU) to jointly develop Smart Security (SmartS). “Smart Security is the way forward,” IATA director general and chief executive Tony Tyler said. “Airports, airlines, control authorities and system suppliers all have a role to play in making the process more effective, efficient and pleasant for the passenger,” ACI World director general Angela Gittens said.center_img The two major aviation associations appointed with improving airport security checkpoints have developed a renewed focus on optimising resources and utilising new technologies. SmartS replaces the previous ‘Checkpoint of the Future’, which was launched in 2011. SmartS will assist passengers proceed through security checkpoints with minimal inconvenience, augment airport facilities and allocate security resources based on risk assessment.last_img read more

Comments  

first_img Comments   Share   The NFL suspended Arizona Cardinals right tackle Bobby Massie for two games without pay Saturday for violating the league’s substances abuse policy.Massie will be eligible to return Sept. 21 following the Cardinals’ Sept. 20 game against the Chicago Bears.Massie was arrested in January on suspicion of driving under the influence. The suspension will not count toward the Cardinals’ 53-man roster as the team is expected to announce cuts later Saturday. Top Stories Arizona Cardinals’ Bobby Massie (70) blocks against Alex Okafor (57) during NFL football training camp Thursday, Aug. 13, 2015, in Glendale, Ariz. (AP Photo/Ross D. Franklin) Former Cardinals kicker Phil Dawson retires The 5: Takeaways from the Coyotes’ introduction of Alex Meruelo Derrick Hall satisfied with D-backs’ buying and selling Grace expects Greinke trade to have emotional impact The 26-year-old Massie was a fourth-round pick of the Cardinals in 2012 out of Ole Miss. He started all 16 games as a rookie and then again last season.last_img read more

December 26 2012photo by Tomiaki TamuraArcosanti

first_imgDecember 26, 2012photo by Tomiaki TamuraArcosanti Visitor Center anticipates visitors traveling through northern Arizona during this holiday season.  We are open 9 am to 5 pm, 7 days a week. However, we close at 1 pm on New Year’s Eve (Dec. 31) and all day on New Year’s Day (Jan 1).[Photos and text by TT]photo by Tomiaki TamuraVisitor Center offers tours each hour from 10 am to 4 pm, except for 12 noon.  Arcosanti crafts and accessories, along with publication are sold at Arcosanti Gift Gallery.photo by Tomiaki TamuraThe guests may enjoy lunch buffet at Arcosanti Cafe in a spacious setting with spectacular view at $9 per person including beverage and tax, served from 12 noon to 1:30pm.last_img read more

Heres your cute quota for the day…

first_img Here’s your “cute quota” for the day… The gold stocks gapped up over 2 percent at the open…and then chopped lower until gold put in its low at 11:30 a.m. in New York.  From that point they rallied a bit before chopping sideways into the close. The HUI finished up 0.83%…a very poor performance considering the size of the price gain. Sponsor Advertisement It was another day where gold wasn’t allowed to close over the $1,400 price mark The gold price hit its low shortly after 9:00 a.m. in Hong Kong on their Thursday morning…and then rallied unsteadily right until the 8:20 a.m. Comex open in New York.  But as it was about to break above the $1,400 spot price mark, a seller showed up…and gold got sold down until shortly before noon  EDT.  The subsequent rally lasted until the 1:30 p.m. Comex close, before selling off a few dollars going into the 5:15 p.m. EDT close. The Hong Kong low was around the $1,358 spot mark…and the high at 8:30 a.m. in New York, as recorded by Kitco, was $1,399,80 spot.  After three days of price activity, it should be obvious to all and sundry that the $1,400 spot price mark is being defended…but for what reason, is unknown. Gold closed at $1,391.60 spot…up $21.90 on the day.  Volume, net of roll-overs, was pretty heavy…around 185,000 contracts. The dollar index closed on Wednesday at 84.28…and rallied to its high of the day of 84.49 at 9:00 a.m. in Hong Kong.  It was all down hill from there…and the low of the day [83.65] came at 12:00 o’clock noon right on the button in New York.  The index gained back a few basis points going into the close…finishing the Thursday session at 83.75…down 53 basis points from Wednesday’s close. I carefully noted that despite the fact that the dollar index fell 75 basis points from its high to its low, it appears that the precious metal prices fall faster on dollar rallies, than they rise on dollar declines.  That phenomenon was very visible in precious metal prices yesterday and Wednesday.  And if you examined the New York Spot [Bid] charts for both metal yesterday, it’s clear that the silver rally ended at precisely 11:30…and was in rally mode from that point…and gold hit its low about the same time…and traded sideways until shortly after 12 o’clock noon in New York. The silver stocks followed the same price pattern as the gold stocks…and Nick Laird’s Intraday Silver Sentiment Index closed up only 0.49%.center_img (Click on image to enlarge) The CME’s Daily Delivery Report showed that 25 gold and 10 silver contracts were posted for delivery on Monday. Once again there was a withdrawal from GLD.  This time an authorized participant withdrew 48,340 troy ounces.  There were no reported withdrawals from SLV. There was no sales report from the U.S. Mint. It was a busy day for silver over at the Comex-approved depositories on Wednesday, as 1,149,707 troy ounces were reported received, but only 60,354 troy ounces of the stuff were shipped out the door.  The link to that activity is here. In gold, these same depositories didn’t report receiving any gold, but shipped out 64,136 troy ounces.  The link to that activity is here. Before my “cute quota” photos…here’s a look at Canada’s newest ‘bank note’.  You have to follow Canada’s current political scandal to understand what it means…and for those that do, it’s good for a laugh. It was more or less the same chart pattern in silver, except the spike low of the day [around $21.98 spot] came at exactly 10:00 a.m. Hong Kong time.  The subsequent rally got turned lower at 8:30 a.m. EDT…and silver’s New York low [$22.14 spot] came at 11:30 a.m..  The rally from that point ended a few minutes after the Comex close…and silver traded sideways from that point onward.  The high tick came in the New York Access Market sometime…and Kitco recorded that as $22.81 spot. Silver closed the Thursday session at $22.63 spot…up 36 cents from Wednesday’s close.  Gross volume was a very healthy 49,000 contracts. Because I’m out of town for the next five days, I’ve attempted to cut down on the stories as much as possible. There are no markets anymore…only interventions. – Chris Powell, GATA It was another day where gold wasn’t allowed to close over the $1,400 price mark…and silver wasn’t allowed a sniff of the $23 price level.  We’ve seen these sort of ‘holding patterns’ before…and one has to wonder how long this particular one will last…and how it will end.  There certainly was a lot of volume…and I would expect that the lion’s share of it would have been of the HFT variety. Today, at 3:30 p.m. EDT, we get the new Commitment of Traders Report for positions held at the close of Comex trading on Tuesday…and as I opined earlier this week, I will be very interested in seeing whether or not the volume numbers from the big price decline on Monday will be included.  That is the first thing that I’ll be looking for when I check the report.  Ted figures that, all things being equal, there could have been as much as a 20,000 contract improvement in gold…and around 5,000 contract change in silver.  That would be wonderful…but whatever the numbers are, I’ll have them for you in tomorrow’s column. Not much happened during the Friday trading session in the Far East on their Friday…and the same thing can be said for the first hour of trading in London.  Net volume in gold is about average for this time of day…and silver’s volume is on the lighter side.  The dollar index, as of 4:06 a.m., is basically flat. And as I hit the ‘send’ button on today’s column at 5:05 a.m. Eastern Daylight Time, gold is trading down a couple of bucks from Thursday’s close…and silver is down about 15 cents.  Volumes are slightly higher in gold…and still very light in silver.  The dollar index is now down about 21 basis points. Since this is the last trading day of the week, it’s normally a day when we have great price ‘volatility’…and it remains to be seen if that pans out today with the long weekend coming up in the U.S.A.  I’ll be watching the goings-on in New York with great interest when I get up later this morning. I wish all my American readers a safe and happy Memorial Day long weekend…and I’ll see you here tomorrow. Skyharbour Resources Ltd. (TSX.V: SYH) owns a 100% interest in approximately 400,000 acres of land between seven uranium properties in the uranium rich Athabasca Basin region in northern Saskatchewan. Six of the properties consisting of approximately 388,000 acres of prospective ground are strategically located near the Alpha Minerals (TSX.V: AMW) and Fission Energy (TSX.V: FIS) Patterson Lake South (PLS) uranium discovery area. The properties were acquired for their proximity to the PLS discovery and interpreted favourable geology for the occurrence of PLS style uranium mineralization. Skyharbour’s land position is now one of the largest in the Patterson Lake area. The Athabasca Basin hosts the world’s largest and richest high-grade uranium deposits accounting for approximately 20% of global primary uranium supply. There are still areas in the region that are highly prospective and underexplored as illustrated by the new 49.5 metres of 6.26% U3O8 discovery at the Patterson Lake South property. Please visit our website for more information.last_img read more

Uranium Energy Corp NYSE MKT UEC is pleased to

first_img Uranium Energy Corp. (NYSE MKT: UEC) is pleased to announce that the final authorization has been granted for production at its Goliad ISR Project in South Texas.  As announced in previous press releases, the Company received all of the required authorizations from the Texas Commission on Environmental Quality, including an Aquifer Exemption which has now been granted concurrence from EPA Region 6. Amir Adnani, President and CEO, stated, “We are very pleased to have received this final authorization for initiating production at Goliad. Our geological and engineering teams have worked diligently toward achieving this major milestone and are to be truly commended. We are grateful to the EPA for its thorough reviews and for issuing this final concurrence. The Company’s near-term plan is to complete construction at the first production area at Goliad and to greatly increase the throughput of uranium at our centralized Hobson processing plant.” Please contact Investor Relations with questions or to request additional information, info@uraniumenergy.com. Sunday was the first day where we had reasonable weather on the same day that I didn’t have to write a column, so out I went, camera in hand after I’d done the radio interview with Dave Janda I posted in the Critical Reads section above.  There were lots of chickadees, nuthatches, downy woodpeckers—and squirrels.  Even a rabbit put in an appearance.  I used a 400 mm lens for all these shots—and most are taken at its minimum focus distance which is just under 4 meters, or 11.5 feet, so there’s less than 3 inches/7 cm of usable depth of field in almost all these shots.  It was cloudy, so I was using a flash for fill light. Here are three shots of downy woodpeckers.  The first two are of different females—and the last one is obviously the male.  I would rather have photographed it with something other than a suet cage in the photo, but he never presented himself in a position where I could, so this the only shot I have.  Maybe next time I’ll get luckier. The dollar index closed late on Monday afternoon in New York at 97.96—and chopped down to its 97.88 low minutes before 9 a.m. Hong Kong time, which occurred at the high tick for all four precious metals in Far East trading on their Tuesday.  The 98.63 high that followed came around 10:35 a.m. BST in London, which was right at the London a.m. gold fix.  From that high, the index was sold down about 25 basis points by 12:20 p.m. BST—and from there chopped sideways for the remainder of the Tuesday session, closing at 98.38, which was up 42 basis points on the day. The silver equities got a taste of positive territory, but the roof caved in at 10:45 a.m. in New York, just like for the gold stock—and the silver shares hit their low at the 1:30 p.m. COMEX close.  They managed to struggle higher, cutting their losses on the day by just over a percent, but Nick Laird’s Intraday Silver Sentiment Index still closed down another 1.96 percent. And as I write this paragraph, the London open is ten minutes away.  After doing nothing in the first two hours of trading in the Far East on their Wednesday morning, a rally began that ended at 11 a.m. Hong Kong time—and it’s been chopping lower ever since, but is still up a couple of bucks from Tuesday’s close.  The price path for silver was similar, but more subdued—and it’s back to close to unchanged as well.  Platinum and palladium have shown no signs of life at all, in either direction. Net gold volume is a hair under 16,000 contracts—and silver’s net volume is sitting at 4,000 contracts.  The dollar index chopped more or less sideways until 8:30 a.m. Tokyo time—and began to slide from there—and is currently down 25 basis points, and just above the 98.00 mark. Yesterday was the cut-off for this Friday’s Commitment of Traders Report—and I expect that all of yesterday’s price/volume data will show up in it.  Just eye-balling the two charts above for the reporting week just past, it would be logical to assume that we’ll see further improvement in the Commercial net short positions in both metals.  It’s a certainty in silver, but after last week’s COT Report in gold, I’m not about to stick my neck out, as both Ted and I were wrong by more than the proverbial country mile last week. And as I hit the send button on today’s missive at 5:15 p.m. EDT, I note that gold, silver and platinum are trending lower—and are all back below their Tuesday closing prices in New York—and palladium is up five bucks.  Net gold volume is around 23,000 contracts—and silver’s net volume is 7,600 contracts.  The dollar index, which had been down 23 basis points earlier, is now up 20 points—and almost back at yesterday’s high. With March and Q1 now in the rear-view mirror—and the COT Report showing things more or less locked and loaded for a rally of some sort—we now await developments.  I’m not sure what to expect, or when, but I doubt we’ll be kept in suspense for long. I’m off to bed—and I’ll see you here tomorrow. For the month, Nick advised me that HUI was down 16.94 percent—and his Intraday Silver Sentiment Index closed lower by 13.33 percent.  Year-to-date [Q1] the HUI is down 2.70 percent—and his silver stock index is down 3.68 percent. The CME Daily Delivery Report for Day 2 of the April delivery month was another surprise, as it showed that only 1 gold, along with zero silver contracts were posted for delivery within the COMEX-approved depositories on Thursday.  I’m wondering out loud why the short/issuers are sitting on their hands.  They’re the ones that are under the gun to deliver the physical metal to the long/stoppers—and as Ted Butler has pointed out, there is no benefit whatsoever for them to hold out. The CME Preliminary Report for the Tuesday trading session showed that gold open interest in April fell by 1,925 contracts—and now sits at 5,423 contracts still open.  Silver o.i. in April increase by 20 yesterday—and is now up to 130 contracts open in the current delivery month. There were no reported changes in GLD yesterday, but there was another big withdrawal from SLV, as 1,912,954 troy ounces were reported taken out by an authorized participant. Over at Switzerland’s Zürcher Kantonalbank for the week ending on Friday, March 27, they reported a small increase in their gold ETF—but a big decline in their silver ETF.  They added 7,210 troy ounces of gold, but a whopping 750,931 troy ounces was removed from their silver ETF—and that was after an addition in the prior week, the first one in years. The U.S. Mint had a sales report for the last trading day of the month.  They 2,500 troy ounces of gold eagles—1,000 one-ounce 24K gold buffaloes—and another 314,000 silver eagles. For the month of March, the mint sold 46,500 troy ounces of gold eagles—9,500 one-ounce 24K gold buffaloes—and a very healthy 3,519,000 silver eagles.  Based on these sales, the silver/gold ratio works out to just under 63 to 1.  I would guess that JPMorgan, or other large buyers, own more than half of all the silver eagles produced this year, as they’re not being purchased the general investing public. Year-to-date [Q1] the mint has sold 12,071,000 silver eagles—146,000 troy ounces of gold eagles—and 56,000 one-ounce 24K gold buffaloes. Over at the North American COMEX-approved depositories, there was 32,150.000 troy ounces reported received—1,000 kilobars—and 2,411.250 troy ounces [76 kilobars] were shipped out.  All of the activity was at Canada’s Scotiabank.  The link to that activity is here. At Brink’s, Inc. Hong Kong, they reported receiving 2,797 gold kilobars—and shipped out 6,250 gold kilobars.  The link to that activity in troy ounces is here. In silver, nothing was reported received—and 429,177 troy ounces were shipped out the door.  The link to that action is here. I have a more reasonable number of stories for you today—and I hope you’ll find a few in here that you like. The unusual physical movement in the COMEX silver warehouses was joined this past week by the unusual withdrawals in metal in the big silver ETF, SLV. Close to 3.5 million oz were removed from the trust’s holdings over the past week or so. What makes it unusual is that silver prices were notably strong over this period, most plausibly caused by net new buying. (If the rise was caused by short covering, there would be no change in metal holdings). The mechanical structure of SLV dictates that net new buying must result in additional deposits of metal into the trust (unless shares are sold short). The only possible explanation that comes to mind for the net new buying of shares resulting in metal being withdrawn would be if the net new buyer quickly redeemed new shares purchased into actual metal. That’s exactly what I think occurred this week and what has occurred frequently in the past in SLV. And my best guess is that JPMorgan is the big SLV buyer. The frequent and extremely counterintuitive circumstance of apparent net new buying of shares of SLV resulting in withdrawals (instead of deposits of metal) seems motivated by the large buyer desiring to avoid disclosing ownership when the 5% share ownership is exceeded and must be reported by SEC rules. By converting shares of SLV into actual metal, the metal ownership can grow to any large level imaginable and remain unknown and unreported to the rest of the investment world. And no one would be in a better position to pull this off than JPMorgan. I suppose that’s why I’m the only one to point out that JPMorgan holds a larger physical silver position than ever held privately in history. – Silver analyst Ted Butler: 28 March 2015 I must admit that I was expecting worse than we got during the New York session yesterday, as there was decent positive price action in both gold and silver on the last trading day of the month.  Unfortunately, none of these budding rallies were allowed to get far—and both metals were closed down on the day, as were there respective equities.  That problem didn’t exist for platinum. Here are the 6-month charts for all four precious metals once again. The gold stocks opened in slightly positive territory, but once the gold price was turned lower at 10:45 a.m. EDT, the stocks followed and never recovered, as the HUI closed down another 1.67 percent, it’s sixth losing session in a row.center_img The silver price rallied a few cents in early Far East trading before the not-for-profit sellers appeared at 9:00 a.m. Hong Kong time—just like in gold.  The low tick came shortly before noon over there—and it crawled higher until the London a.m. fix was put to bed and rallied until “da boyz” showed up at 10:45 a.m. EDT, just like gold—and just like what happened to the silver price on Monday.  The low in New York came just before the COMEX close—and it rallied about a nickel as the electronic trading session wound down. The low and highs were recorded by the CME Group as $16.435 and $16.82 in the May contract. Platinum’s tiny rally in early Far East trading also got sold off starting around 9 a.m. Hong Kong time—and then starting at 10 a.m. Zurich time, the platinum price began a rally that had mostly topped out by noon in New York.  From there it chopped sideways into the 5:15 p.m. EDT close of electronic trading.  Platinum closed on Tuesday at $1,141 spot, up 23 dollars on the day—gaining back everything it lost on Monday, plus a few dollars extra. The palladium price had rallied five bucks up until 9 a.m. in Hong Kong trading—and then it chopped sideways until the COMEX opened.  It got sold back down below Monday’s close in very short order, but quickly rebounded and finished the Tuesday session at $734 spot, up 8 bucks on the day. Unfortunately, none of these budding rallies were allowed to get far The gold price got sold down about five dollars starting around 9 a.m. Hong Kong time in Far East trading on their Tuesday morning.  The low tick of the day came at, or just after, the morning gold “fix” in London at 10:30 a.m. BST.  The subsequent rally got sold down at 10:45 a.m. EST, the same time as it got sold down in Monday trading.  The New York low came about twenty minutes after the COMEX close—and it rallied a few dollars into the 5:15 p.m. close of electronic trading. The high and low tick were reported as $1,190.10 and $1,178.20 in the April contract. Gold closed in New York at $1,182.70 spot, down $2.30 from Monday’s close.  Net volume was around 104,000 contracts.last_img read more

Five HUGE breakthroughs for the next 11 years…

first_img Five HUGE breakthroughs for the next 11 years… We’ve just entered an era of unimaginable global change. An era of progress and innovation. This great wave of innovation will rival – and potentially surpass – the space race that ended in Neil Armstrong’s moon walk in 1969. The coming wave of change will immeasurably improve your day-to-day life and make a handful of early investors unimaginably rich. See the full story on this timely development… What you need to know about the incredible opportunity in gold, right now We recently put together a presentation revealing the single best opportunity you have to make 500%+ gains in gold over the coming years. This is one of those extremely rare chances you almost never get to make outrageous returns with even a small investment. See more, here. Recommended Links •  Casey Research founder Doug Casey says governments always feel the need to “do something”… But they only make things worse. In Wednesday’s Dispatch, Doug explained how you can profit from government stupidity. Governments are constantly creating distortions in the market, causing misallocations of capital. Whenever possible, the speculator tries to find out what these distortions are, because their consequences are predictable. They result in trends you can bet on. Because you can almost always count on the government to do the wrong thing, you can almost always safely bet against them. It’s as if the government were guaranteeing your success. •  It’s impossible to know how the government will respond to the next crisis… It could print a few trillion more dollars. Or drop interest rates below zero. Or maybe it will take Paul Krugman’s advice and stage an alien invasion to “stimulate” the economy. Krugman is a liberal “economist” who writes for The New York Times. Whatever direction the government takes, it’s bound to make an even bigger mess. As Doug says, you can always count on the government to screw things up. Gold is your best defense against reckless governments. Unlike paper currencies, governments can’t create more gold out of thin air. Bad policies only make gold more valuable. •  Doug thinks we’re entering a “gold mania”… He thinks gold prices will triple from current levels at minimum. Gold stocks will soar even higher. Longtime Casey readers know gold stocks are leveraged to the price of gold. If the price of gold jumps 200%, the average gold stock can rise 400% or more. The best gold stocks can surge more than 1,000%. •  Gold stocks are incredibly cheap right now… But they won’t stay that way for long. Doug explains: When gold starts moving higher, it’s going to direct a lot of attention towards gold stocks. When people get gold fever, they are not just driven by greed, they’re usually driven by fear as well, so you get both of the most powerful market motivators working for you at once. It’s a rare class of securities that can benefit from fear and greed at once. Investors will flood the small gold mining industry. I’ve said it before, and I’ll say it again: When the public gets the bit in its teeth and wants to buy gold stocks, it’s going to be like trying to siphon the contents of the Hoover Dam through a garden hose. Investors have poured a record $7.2 billion into gold exchange-traded funds (ETFs) in February, according to Zero Hedge. •  This small window of opportunity won’t stay open long… The Market Vectors Gold Miners ETF (GDX), which tracks large gold miners, is already up 49% this year. It hit a 13-month high on Wednesday. Keep in mind that gold stocks aren’t for everyone. They’re extremely volatile. It’s not uncommon for a gold stock to rise or fall more than 10% in day. If you can’t stomach these kinds of moves, stick with owning physical gold. Its price could easily double or triple in the coming years. However, if you’re interested in the incredible upside of gold stocks right now, we encourage you to try International Speculator. This is our advisory dedicated to finding gold stocks with massive upside. For a limited time, we’re offering International Speculator for $500 off the regular price. If you sign up today, you’ll get instant access to our special report, 9 Essential Gold Stocks to Buy Right Now. This report reveals stocks that could jump 10x, 20x, or even 30x in the coming years. These types of gains might sound impossible…but they have happened before. Click here to read more about the once-in-a-decade opportunity in gold stocks today. Chart of the Day The U.S. dollar has been weakening for decades… Today’s chart shows the performance of the U.S. dollar index since 1973. As we said earlier, this index measures the dollar’s performance against other major currencies. You can see the dollar was in a sharp downtrend since 1985. The dollar broke its downtrend in early 2015. Many analysts thought this signaled the beginning of a U.S. dollar bull market. We have our doubts… The dollar didn’t “break out” last year because the U.S. government suddenly became more financially responsible. It broke out because other central banks like Europe’s and Japan’s are weakening their currencies even faster. As Doug said on Wednesday, “the U.S. dollar is currently just the healthiest horse on its way to the glue factory.” We think the Federal Reserve will “double down” on its easy money policies when the next crisis hits. This will hurt the dollar, and gold will likely skyrocket. –center_img — Precious metals are crushing the market. If you’ve been reading the Dispatch, you know gold has taken off. It’s jumped 20% since January and is the top performing asset this year. Silver has also rallied. It’s up 14%, which makes it the year’s best performing asset after gold and lumber. Platinum is up 11%, making it the fourth-best performing asset. Stocks on the other hand are struggling. The NASDAQ has fallen 5% this year. The STOXX Europe 600, which tracks 600 of Europe’s biggest stocks, has dropped 7%. The Japanese Nikkei 225 has dropped 9%. •  Gold is a safe-haven asset… Investors typically buy gold when the economy and stock market look shaky. For centuries, gold has protected wealth through stock market crashes and other disasters, like hyperinflation and depression. That’s because gold is money. It’s durable, divisible, and easy to transport. Wherever you go, people recognize its value. Silver and platinum are trusted stores of wealth, too. But unlike gold, silver and platinum have many industrial uses. Silver goes into everything from electronic circuits to solar panels. Platinum’s main use is in a car part that controls pollution. •  Almost every commodity has rallied this year… The price of sugar has jumped 19% over the last month…coffee has jumped 15%…lumber is up 14%…and copper is up 10%. Oil is also soaring. It’s spiked 47% since hitting a 13-year low in January. It’s trading above $40 for the first time since December. The Bloomberg Commodity Index, which tracks 22 different commodities, just hit a four-month high. •  Companies that sell commodities have skyrocketed… Anglo American (AAL.L), one of the world’s largest mining companies, has surged 95% this year. Mining giant Glencore (GLEN.L) jumped 85%. Freeport McMoRan (FCX), another huge miner, climbed 66%. This is a huge shift. The past couple years have been a bloodbath for global mining stocks. Last year, Anglo American and Glencore were the two worst performers in the FTSE 100, an index of one hundred stocks that trade in London. The S&P/TSX Global Index, which tracks major mining stocks, plunged as much as 70% since 2011. This year, it’s climbed 18%. •  Mining companies sell “building blocks” of the economy… Lately, global economic growth has come to a standstill. China, the world’s largest commodity consumer, is growing at its slowest pace since 1990. The U.S. is growing at the slowest pace since World War II. Japan’s economy hasn’t grown at all in two decades. With growth slowing, developers are building fewer homes, office buildings, and infrastructure. That means they’re using less copper, aluminum, and steel. So why are commodities rallying? •  The U.S. dollar is weakening… The U.S. dollar index has fallen 4% this year. This index tracks the dollar’s performance against major currencies like the euro and Japanese yen. The U.S. dollar is the world’s most important currency. Most investors “think” in dollars. When you look up the price of coffee or soybeans or silver, the price is in dollars. So when the dollar loses value, it takes more dollars to buy the same amount of a commodity. That’s why a weak dollar is good for commodities. •  Commodities should keep rising if the dollar keeps falling… However, the slowing global economy is bad for “building block” commodities like copper, aluminum, and steel. This isn’t a problem for gold. Unlike most commodities, gold is money. It can do well no matter what’s happening in the economy. •  These days, governments will do whatever it takes to stimulate the economy… After the 2008 financial crisis, governments borrowed huge sums of money. They created trillions of new currency units from nothing. They dropped interest rates to record lows. Their actions were truly unprecedented…and they were giant failures. All that stimulus has failed to jumpstart the global economy. However, don’t expect governments to admit failure and stay out of the way… Regards, Justin Spittler Delray Beach, Florida March 18, 2016 We want to hear from you. If you have a question or comment, please send it to feedback@caseyresearch.com. We read every email that comes in, and we’ll publish comments, questions, and answers that we think other readers will find useful.last_img read more

Sunday night the Oscars will pick the best animat

first_imgSunday night, the Oscars will pick the best animated feature. Pixar’s Coco is the favorite. But if the choice were up to Afghans, they’d go for The Breadwinner.The animated film, produced by actress Angelina Jolie, tells the story of an 11-year-old girl named Parvana and her family, who are struggling to survive in Afghanistan under Taliban rule. She must pretend to be a boy so she can work to support her family. The film is an adaptation of a book by Canadian author Deborah Ellis.While the movie has been released in the U.S. as well as Canada, China, France, the U.K. and some countries in the Middle East, it has yet to be screened in the few theaters across Afghanistan. But last month, a small group of Afghans had a chance to see the film at the Canadian embassy in Kabul.For many of the Afghan viewers, it was a deeply emotional experience, bringing back memories of the time when the Taliban ruled, from the late 1990s to 2001. The regime imposed a strict interpretation of Islam and severely restricted women’s freedoms.”After the movie was over and the lights were turned back on, I saw tears in the eyes of many Afghans. I couldn’t stop my own tears,” says Abdul Rahim Ahmad Parwani, deputy country director of Canadian Women for Women in Afghanistan, an organization that supports education for Afghan women and girls. “There was a short uncalled-for silence at the end of the film. That itself explains how the movie connected with Afghans.”The Canadian group, which helped host the screening, receives proceeds from Ellis’ book.For some in the audience, Parvana is an all-too familiar character. “[My sister] Tamanna was the reason I was able to go to school. She was our breadwinner,” says Omaid Sharifi, co-founder of ArtLords, a Kabul-based group that uses art for social change.”I was not able to go to school for a long time during the Taliban regime because I had to tend to our shop in the city center,” he says. “But then my sister took charge of the shop for a few hours every day so I could go study.”It wasn’t just the emotional appeal of recent history that intrigued the Afghan viewers but also the cultural accuracy. Mina Sharifi [no relation to Omaid] is the founder and director of Sisters 4 Sisters, a mentorship program for Afghan girls. She was part of the production of another Oscar-nominated film on Afghanistan, The Buzkashi Boys, in 2012, and found that the little details in The Breadwinner made all the difference.”The clothing, the food, the family atmosphere, even the cane that the grandfather carried was carved and looked just like it was from here,” she says. “I haven’t seen another film on Afghanistan that takes the time to do that.”Very often, she says, movies set in Afghanistan are so badly researched that some filmmakers thought the national language was Arabic.Afghan women viewers in Kabul and other countries approved of the strong female character, a rarity in narratives about Afghanistan. “Parvana is the first time on a major screen that an Afghan girl tells her own story, in her own words,” says Aisha Azimi, an Afghan-American studying at George Washington University, who saw the film in the U.S. “When I watched the film, I saw the pride in their eyes for Afghan girls all around me. Finally we had our own stories told, from our point of view.”Moved by the realistic portrayal of Afghan women, Omaid and his group painted a mural of the film poster on one of the many “blast walls” that have been built in Kabul as a result of the increasing frequency of attacks. Painting over the gray concrete barriers has been a defining project of what ArtLords does.”To have a strong female character in the lead is something everybody in Afghanistan needs to see: father, brother, women and their daughters,” says Mina.Ruchi Kumar is a journalist who reports from India and Afghanistan on conflict, politics, development and culture stories. She tweets at @RuchiKumar Copyright 2018 NPR. To see more, visit http://www.npr.org/.last_img read more

Google Tests VR as a Replacement for Dull Training Videos

first_img We’ve heard about medical professionals using VR to augment their suites for years, but Google is testing its fit in the broader workplace, starting with employment’s least fun experience: training. The company’s Daydream Labs hosted an experiment to see if hypothetical new hires learned better by watching training videos or donning a VR headset and walking through simulations — and it turns out, immersive education does a better job. For this single trial, anyway.The experiment pit two groups against each other in the time-honored competition of brewing better coffee. One watched barista training videos on YouTube, while the other went through a course in VR with a simulated espresso machine (think Job Simulator without the jokes). Ultimately, the VR crew took less time and made fewer mistakes — though Google was quick to point out that neither group made impressive java.A single trial isn’t enough proof to definitively give VR the work training crown, but it’s certainly promising for anyone making educational tools in virtual reality. It also pointed out the medium’s drawbacks: The VR group might have learned how to twist the right dials on the 3D-modeled espresso machine, but the simulated training didn’t teach the pressure-sensitive art of tamping down grounds into the espresso scoop — something that haptic vibration in controllers doesn’t sell. Plus, hot steam nozzles in VR didn’t carry the same danger as those in real life, and chaperones had to yank the workers’ hands away.Gloves with better tracking and haptics could make up the difference, but there might just be jobs that can’t be simulated well in VR — at least with our current technology, Google’s Daydream team wrote in a blog post. There were other hurdles with training in virtual reality: Namely, people don’t follow instructions, rush ahead and ignore hints. They also didn’t perform steps in order, so the team had to redesign the training like a video game wherein folks could fulfill tasks in any sequence (steaming the milk before grinding the coffee instead of after, for example).While this VR session won’t be ported into a Starbucks training course tomorrow, it was still a successful experiment, the Daydream team asserted in the post — and it has promising lessons for learning experiences beyond occupational skill-building. Google Tests VR as a Replacement for Dull Training Videos The only list that measures privately-held company performance across multiple dimensions—not just revenue. Add to Queue A contest between training videos and virtual reality goes to VR. July 24, 2017 Image credit: Google via Engadget Apply Now » Googlecenter_img –shares David Lumb This story originally appeared on Engadget 2 min read Next Article 2019 Entrepreneur 360 List Contributing Editorlast_img read more

Shivraj Singh Chouhan MP govt spar over proposed Sita temple in Sri

first_imgShivraj Singh Chouhan, MP govt spar over proposed Sita temple in Sri LankaBJP leader Shivraj Singh Chouhan alleged on Tuesday that the Congress government in Madhya Pradesh was “checking the facts” instead of executing his proposal to build a temple for Sita at Divurumpola in Sri Lanka.advertisement Press Trust of India BhopalJuly 16, 2019UPDATED: July 16, 2019 21:38 IST BJP leader Shivraj Singh Chouhan alleged on Tuesday that the Congress government in Madhya Pradesh was “checking the facts” instead of executing his proposal to build a temple for Sita at Divurumpola in Sri Lanka.The government retorted that it was an empty promise made by the former chief minister as nothing was formalised.”The entire country and the world know that Sita was kept in Ashok Vatika in Sri Lanka, where she had to go through ‘Agni Pariksha’ (ordeal by fire).When I visited Sri Lanka, it occurred to me that a grand temple should be built at this site. I am surprised that this Kamal Nath government is talking about checking the facts,” Shivraj Singh Chouhan tweeted in Hindi.In a video tagged with the tweet, the former chief minister claimed that necessary approvals had been secured for the temple from the Sri Lankan government as well as the Centre.Accusing the Kamal Nath government of discontinuing several works initiated by his government, Shivraj Singh Chouhan also demanded that it undertake other projects including installation of a Shankaracharya statue (at Omkareshwar on the Narmada).Asked about Shivraj Singh Chouhan’s claim, Minister for Religious Trust and Endowments P C Sharma told reporters, “There was nothing on paper (about the proposed temple). We dug into the files to see if anything concrete was put on paper by the Shivraj Singh Chouhan government but found nothing.”Whatever we do will be concrete unlike empty promises of Shivraj Singh Chouhan,” the minister added.Shivraj Singh Chouhan had mooted the Sita temple in September 2012 when then Sri Lankan president Mahinda Rajapaksa visited Sanchi in Madhya Pradesh to inaugurate the University of Buddhist-Indic Studies.The temple was proposed to come up at Divurumpola in the island nation where Sita is supposed to have undergone an ordeal by fire as per the epic Ramayana.The Bharatiya Janata Party government had also promised to develop `Ram Van Gaman Path’, the route was taken by Lord Ram on his way to the 14-year exile as per the mythology, but did nothing, PC Sharma alleged.”We had promised to develop this path in our manifesto and we are going ahead on this issue by making provision in the recent budget,” the minister added.ALSO READ | Now, Congress lands at Shivraj Singh Chouhan’s door with 63 dog transfers he had orderedALSO WATCH | Ayodhya land dispute: SC asks mediation panel to submit status report by July 18For the latest World Cup news, live scores and fixtures for World Cup 2019, log on to indiatoday.in/sports. Like us on Facebook or follow us on Twitter for World Cup news, scores and updates.Get real-time alerts and all the news on your phone with the all-new India Today app. Download from Post your comment Do You Like This Story? Awesome! Now share the story Too bad. Tell us what you didn’t like in the comments Posted byKritika Kashyap Tags :Follow shivrah singh chouhanFollow congressFollow Madhya PradeshFollow Sri LankaFollow Kamal NathFollow Mahindra RajapaksaFollow Bharatiya Janata Party Nextlast_img

More bodies found in Tunisia migrant ship sinking feared to have killed

first_imgTUNIS (Reuters) – More bodies were found from a ship packed with migrants that sank off the Tunisian coast last week, bringing the official death toll to 72 in a disaster feared to have killed more than 80 people, the Tunisian Red Crescent said on Friday.The boat capsized after setting off for Europe from neighbouring Libya. Four survivors have been rescued, who told Tunisian coast guards the ship was carrying around 86 people.The coast of western Libya is one of the main departure points for African migrants hoping to reach Europe.The International Organization for Migration’s Missing Migrants Project estimates 682 migrants have died in the Mediterranean so far in 2019. AdChoices广告Thousands of migrants have died in each of the past several years making the journey, although the numbers this year have so far been lower due in part to European-backed efforts to halt people smuggling from Libya. (Reporting by Tarek Amara; Editing by Peter Graff) World 09 Jul 2019 Determined to reach Europe, migrants defy Morocco’s crackdown World 07 Jul 2019 Tunisia recovers 14 migrants’ bodies after dozens drowned off coast World 07 Jul 2019 Malta to relocate migrants on German rescue ship Related News Related News {{category}} {{time}} {{title}}last_img read more