At 145p, I think this travel stock looks like a bargain! I’d buy today

first_img Image source: Getty Images. Stuart Blair | Sunday, 16th August, 2020 | More on: NEX Click here to claim your copy of this special investment report — and we’ll tell you the name of this Top Small-Cap Stock… free of charge! Our 6 ‘Best Buys Now’ Shares The high-calibre small-cap stock flying under the City’s radar In its first-half trading update, National Express (LSE: NEX) warned of a slow recovery. This was accompanied by the firm reporting losses of over £60m. Such losses were the result of a sharp drop in passengers, combined with the need for larger operating costs. As a result, the travel stock fell over 10% that day and is currently down nearly 70% on the year. But I’d argue that National Express shares are primed for a recovery and are a bargain at the current price. This is thanks to the group’s large amount of cash, its position as a market leader, and the necessity of public transport. First-half trading updateThere is no denying that the first-half trading update is pretty discouraging. In the same period last year, the group made underlying profits of £114.6m. This period saw a loss of £60.7m. Furthermore, net debt was increased by £64m to £1.34bn. This is a large amount of debt for a company not recording a profit.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…But such a poor trading update was to be expected. Throughout the pandemic, the group has seen passenger numbers fall by 80% and the need to adhere to social distancing has strained profit margins. Even so, the group recorded records in January and February, thus demonstrating the strength of the travel stock pre-pandemic.  The future of this travel stockIn the short-term, I cannot see a quick recovery. Although there is now greater demand than in the spring, levels are still significantly reduced. This is due to the need for social distancing on buses, the imposition of local lockdowns around the country and uncertainty on the reopening of US schools (where the firm generates most of its revenues).Nevertheless, I can still see a bright long-term future for the travel stock. For example, as the departing chief executive Dean Finch has stated, the world needs “greener public transport at its heart” and National Express is in a strong position to achieve this.With services operating within the UK, the US, Spain, and Morocco, National Express has also established itself as a major business around the world. As a result, it’s well diversified, and this should help it ride out the current crisis.Strong liquidity positionFinch has also said that the travel stock had “secured exceptional governmental funding” and was “swift to save operating costs”. This included cancelling the 2019 dividend, temporarily suspending all National Express coach services, and placing 40,000 members of staff on furlough. It also raised £235m in an equity placing at the start of May.Overall, this should provide the firm with a strong liquidity position. In fact, it’s said that it has sufficient cash to survive a second lockdown this year, and a slow 2021. A large amount of cash will also allow it to pick up more business, should competitors fail to survive. As a result, I’ve just bought shares in National Express, and believe that it really is a bargain at its current price. Enter Your Email Address At 145p, I think this travel stock looks like a bargain! I’d buy todaycenter_img Adventurous investors like you won’t want to miss out on what could be a truly astonishing opportunity…You see, over the past three years, this AIM-listed company has been quietly powering ahead… rewarding its shareholders with generous share price growth thanks to a carefully orchestrated ‘buy and build’ strategy.And with a first-class management team at the helm, a proven, well-executed business model, plus market-leading positions in high-margin, niche products… our analysts believe there’s still plenty more potential growth in the pipeline.Here’s your chance to discover exactly what has got our Motley Fool UK investment team all hot-under-the-collar about this tiny £350+ million enterprise… inside a specially prepared free investment report.But here’s the really exciting part… right now, we believe many UK investors have quite simply never heard of this company before! Stuart Blair owns shares in National Express. 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. Simply click below to discover how you can take advantage of this. 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. 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. See all posts by Stuart Blairlast_img read more

This secret FTSE 250 growth stock just hit an all-time high. And it’s still cheap to buy!

first_imgThis secret FTSE 250 growth stock just hit an all-time high. And it’s still cheap to buy! 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. Simply click below to discover how you can take advantage of this. The notion that a £1.2bn FTSE 250 growth stock is somehow ‘secret’ seems absurd. Nevertheless, I suspect Gamesys (LSE: GYS) may not be a company name most retail investors will recognise. Having climbed 120% since mid-March to an all-time share price high, this could be about to change.What is Gamesys and what explains its recent gains?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…Under-the-radar growth stockGamesys is an online operator of casino and bingo brands. You may recognise it by its previous guise: Jackpotjoy. Last year, the latter acquired the former, rebranded itself as Gamesys Group and became a member of the FTSE 250. Among Gamesys’ key qualities, at least according to the company, are its strong cash generation, proprietary technology, and geographic spread. Brands operating under the parent company include Rainbow Riches Casino, Monopoly Casino and, as you might expect, Jackpotjoy.  Based on recent trading, these aren’t empty claims.Strong resultsEarlier this month, Gamesys reported a very encouraging set of interim results to the market. These included a 101% jump in reported gaming revenue (to £340m), thanks to a strong performance in the UK and “exceptional growth” in Asia.In line with its strategy, revenues in the latter jumped 92% year-on-year. This, Gamesys explained, was down to attracting more customers, the launch of its online gaming ‘stalwart’ InterCasino brand’ and ongoing momentum in Japan.Although revenues in Europe fell, they rose 2% at the company’s Rest of World operations, with 37% growth achieved in the US. All told, adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) soared 75%. With numbers such as these, it’s perhaps no surprise Gamesys has managed to reduce its debt burden. A maiden interim cash return of 12p per share was also announced.It now plans to bring in a progressive dividend policy “to align the Group with its listed peers” while keeping some money on the side for potential growth-enhancing acquisitions.A 33%/67% split should mean a combined total dividend of 36p per share for the current year. That’s a pretty attractive yield of 3.1% based on Gamesys’s share price as I type. Remember – this is primarily a growth stock.Still cheapDespite all this good news, Gamesys’ shares still trade at less than 9 times forecast FY20 earnings.That looks like a cheap price to pay so long as the company really is able to continue reducing its debt burden (a remnant from when it was owned by private equity). It certainly looks cheap compared to peers such as Mecca-owner Rank which trades on a P/E of almost 17 for FY21.Positively, Gamesys stated that trading had continued to be buoyant into Q3. As a result, management now predicts full-year gaming revenue and adjusted earnings will come in “comfortably ahead” of previous expectations.Clearly, some of this news is now reflected in the share price. Nevertheless, the still-low valuation suggests more gains could be on the cards. Best of all, the company looks like a good defensive pick in a highly uncertain market climate. There is, after all, a chance the coronavirus could return with a vengeance later in 2020 and people are again asked to stay indoors. In such a scenario, I struggle to see why the FTSE 250 member won’t continue raking in the cash. Gamesys isn’t risk-free. Nonetheless, if you’re looking for growth stock at a very reasonable price, the shares certainly warrant consideration. 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. Image source: Getty Images. Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! “This Stock Could Be Like Buying Amazon in 1997”center_img Our 6 ‘Best Buys Now’ Shares Enter Your Email Address 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. 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. Paul Summers | Sunday, 30th August, 2020 | More on: GYS last_img read more

The Cineworld share price is up 20% today! Would I buy now?

first_imgSimply click below to discover how you can take advantage of this. 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. Manika Premsingh | Monday, 23rd November, 2020 | More on: CINE Our 6 ‘Best Buys Now’ Shares Image source: Getty Images Even though I was bullish on Cineworld (LSE: CINE) when I wrote about it last week, I was concerned about its liquidity issues. The FTSE 250 multi-national cinema chain has been out of business this year, while its costs mount. Of course it was going to have a funding problem. Clearly, other investors thought so too. So when it issued a release earlier today titled “Significant additional liquidity secured”, it’s little surprise that the Cineworld share price ran up by 20%.Cineworld share price rises on better liquidity positionThe release lists a bunch of measures that will help tide CINE over the present times. These include raising more debt and easier terms on loans, cost-saving measures, and steps to bring forward a tax refund. Cautious investors would argue, and rightly so, that higher debt doesn’t do CINE any favours. Some companies have performed brilliantly despite the Covid-19 crisis. They also have good prospects, which should be rewarding for investors over time. In comparison, CINE doesn’t look quite as attractive. Not only do I agree that there are indeed high performers around, I am a big fan of some, like AstraZeneca and Ocado. 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…However, I think there’s merit to companies like Cineworld too. When we hold stocks over a long timeframe, like we at the Motley Fool prefer to, there are likely to be ups and downs in stock prices. The winner isn’t just a company that rises along with the tide, but also one that manages poor times well. And right now, I see CINE as the latter kind. It will surviveIt’s not easy to survive through a period like the kind it has seen this year. But things are looking up. It expects cinemas to reopen “no later than” May 2021, and has said that it now has enough liquidity till that time. With three Covid-19 vaccines reporting success in trial results recently, I think that sounds like a reasonable timeframe. If cinemas open sooner than this, things will start looking even better for CINE going forward. Moreover, I think we need to keep in mind Cineworld is the second largest cinema chain in the world today. I don’t think it’s about to go bust in a hurry, especially at a time when it has been hurt for no fault of its own. Lenders are likely to be more adjusting at this time than others.  The takeawayAs a result, if I was already bullish on the stock last week, I’m even more so now. This is also because it’s share price is still way below where it was even till August this year. That shows, somewhat imperfectly, the extent of share price rise possible going forward. In an article in early November, when it was still a contrarian pick, I had argued that the Cineworld share price may not go back to earlier highs anytime soon, but it will start rising. That’s exactly what has happened. With Covid-19 vaccination expected to start soon and CINE’s liquidity issues sorted, I reckon it’s poised to rise further.  See all posts by Manika Premsingh “This Stock Could Be Like Buying Amazon in 1997”center_img Manika Premsingh owns shares of AstraZeneca and Ocado Group. 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. 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. The Cineworld share price is up 20% today! Would I buy now? Enter Your Email Address Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! 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.last_img read more

House in the Hill / Agustín Lozada

first_imgHouse in the Hill / Agustín LozadaSave this projectSaveHouse in the Hill / Agustín Lozada Save this picture!© Gonzalo Viramonte+ 26 Share Houses 2015 “COPY” 2015 ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/781543/house-in-the-hill-agustin-lozada Clipboard ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/781543/house-in-the-hill-agustin-lozada Clipboard House in the Hill / Agustín Lozada CopyHouses•Villa Carlos Paz, Argentina “COPY” Photographs CopyAbout this officeAgustín LozadaOfficeFollowProductConcrete#TagsProjectsBuilt ProjectsSelected ProjectsResidential ArchitectureHousesVilla Carlos PazArgentinaPublished on February 05, 2016Cite: “House in the Hill / Agustín Lozada” 05 Feb 2016. ArchDaily. Accessed 11 Jun 2021. ISSN 0719-8884Read commentsBrowse the CatalogPartitionsSkyfoldVertically Folding Operable Walls – Classic™ SeriesVinyl Walls3MVinyl Finish – DI-NOC™ AbstractFaucetshansgroheKitchen Mixers – Talis MShower ColumnsAXORShowers – AXOR LampShower by NendoWoodBruagRoom Acoustics – Interior Cladding PanelsPanels / Prefabricated AssembliesIsland Exterior FabricatorsMega-Panel Facade SystemsConcreteKrytonCrystalline Waterproofing – KIMTable LampsAxolightTable Lights – SkirtDoorsRabel Aluminium SystemsMinimal Glass Pivot Door – Rabel 8700 Slim Super ThermalUrban ShadingPunto DesignPublic Architecture in Residential ComplexExterior DeckingHouse of BambooDecking – BambooAnti-Corrosive CoatingsTIGERPowder Coating – Drylac® Bianco 605More products »Read commentsSave想阅读文章的中文版本吗?山丘住宅 / Agustín Lozada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 Projects Year:  Argentina Year:  Photographs:  Gonzalo ViramonteSave this picture!© Gonzalo ViramonteRecommended ProductsDoorsC.R. LaurenceCRL-U.S. Aluminum Entice Series Entrance SystemDoorsECLISSESliding Pocket Door – ECLISSE LuceEnclosures / Double Skin FacadesRodecaRound Facade at Omnisport Arena ApeldoornDoorsRabel Aluminium SystemsMinimal Sliding Door – Rabel 62 Slim Super ThermalText description provided by the architects. La Cuesta House is located within the “Sierras Chicas” hills, a few kilometers away from Córdoba, inland Argentina. Lying above tough slopes, there is a house that makes the architecture and the land meet through open spaces. Save this picture!© Gonzalo ViramonteSave this picture!AxonometricThis 380-square meter building develops in three floors in order to adjust to the abrupt decline. The access to the house is through a pedestrian bridge that communicates the street with the upper terrace. Save this picture!© Gonzalo ViramonteWater fountains have been introduced to the terrace, generating a peaceful spot to observe the 360-degree views of the valley. Save this picture!© Gonzalo ViramonteSave this picture!Upper Floor PlanSave this picture!© Gonzalo ViramonteDue to the mountainous topography, terraces, balconies and patios were developed in order to get a close look of the outside land, but direct contact with the soil is not common because everything happens above the ground. Save this picture!© Gonzalo ViramonteThe inside recalls a cavern. The main idea was to hide from the outside world while circulating, and open up to the views in those areas in which people remain. Save this picture!© Gonzalo ViramonteThe project offers three floors and a terrace, chosen as the point of access to the house. The upper floor hosts the social activities and has the best views. In the middle floor we can find the main bedroom, y and the bottom floor has the secondary bedrooms along with a playroom. This last floor also has a patio for private family activities. Save this picture!© Gonzalo ViramonteIn regards to the building materials, the sense was to adjust to the nature of the place. Some of the chosen materials were reinforced concrete and local rocks, in order to cause the lowest possible natural impact. Bodies of water were key to embellish the outdoor areas.Save this picture!© Gonzalo ViramonteProject gallerySee allShow lessBSA Urban Design Workshop: Suffolk Downs Concept PresentationsEventMiami Design District’s Museum Garage Will Feature a Façade by WORKacArchitecture News Share Area:  380 m² Area:  380 m² Year Completion year of this architecture project Architects: Agustín Lozada Area Area of this architecture project ArchDailylast_img read more

VY ANH House / Khuon Studio

first_imgVY ANH House / Khuon StudioSave this projectSaveVY ANH House / Khuon StudioSave this picture!Courtesy of Khuon Studio+ 31Curated by Hana Abdel Share ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/937847/vy-anh-house-khuon-studio Clipboard Houses “COPY” “COPY” CopyHouses, Houses Interiors, Sustainability•Ciudad Ho Chi Minh (Saigón), Vietnam Area:  60 m² Year Completion year of this architecture project Architects: Khuon Studio Area Area of this architecture project ArchDaily Manufacturers: Jotun, Panasonic, Toto, LEED Sliding Door, Viet Tiles Corporation, VietceramicsDesign Team:Huynh Anh Tuan, Ngo Quang HauConstructor:Trung Long companyCity:Ciudad Ho Chi Minh (Saigón)Country:VietnamMore SpecsLess SpecsSave this picture!© Thiet VuRecommended ProductsEquipmentSaliceWaste Bin Systems – Pull-Out UnitsDoorsRabel Aluminium SystemsMinimal Sliding Door – Rabel 62 Slim Super ThermalDoorsSaliceSliding Door System – Slider S20WindowsOTTOSTUMM | MOGSWindow Systems – BronzoFinestra B40Text description provided by the architects. Vy Anh House is conceived as a retreat where the client can enjoy their own peace after a busy working day. This idea leads to a louver system that completely covers the façade, except for an emergency exit door in the front. Though armored on the outside, the house features a lively atrium filled with sun-kissed, lush greenery.Save this picture!© Thiet VuSave this picture!SectionSave this picture!© Thiet VuThe family can enjoy a view of this inner oasis from any room of their house. As there is little need for living space on the top, the house is tapered upward to reduce the area of  the upper floors. The resulting curved façade allows natural light deep into this narrow and long tube house.Save this picture!© Thiet VuThe air bricks on the louver system, arranged in irregular patterns, ensure security, ventilation and aesthetic emphasis. This system also acts as a trellis that will gradually be covered with vines, resulting in a greenery curtain that provides shade and privacy for this house, a cocoon in the middle of urban chaos.Save this picture!© Thiet VuProject gallerySee allShow lessLEGO Campus / C.F. Møller ArchitectsSelected Projects125 Best Architecture BooksArticles Share VY ANH House / Khuon Studio Photographs:  Thiet Vu Manufacturers Brands with products used in this architecture project Projects Photographs ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/937847/vy-anh-house-khuon-studio Clipboard 2019 Vietnam Year:  CopyAbout this officeKhuon StudioOfficeFollowProductConcrete#TagsProjectsBuilt ProjectsSelected ProjectsResidential ArchitectureHousesInterior DesignResidential InteriorsHouse InteriorsSustainabilityCiudad Ho Chi Minh (Saigón)On FacebookVietnamPublished on April 21, 2020Cite: “VY ANH House / Khuon Studio” 21 Apr 2020. ArchDaily. Accessed 10 Jun 2021. ISSN 0719-8884Browse the CatalogBathroom AccessorieshansgroheBath & Shower ThermostatsGlass3MGlass Finish – FASARA™ NaturalPartitionsSkyfoldVertically Folding Operable Walls – Mirage®WindowsVitrocsaSliding Window – Mosquito NetSinksBradley Corporation USASinks – Verge LVG-SeriesMetal PanelsTrimoQbiss One in Equinix Data CentreSignage / Display SystemsGoppionDisplay Case – Q-ClassMetal PanelsLongboard®Aluminum Battens – Link & Lock – 4″Sports ApplicationsPunto DesignPunto Fit in Ekaterinburg Public SpaceWoodBlumer LehmannFree Form Structures for Wood ProjectsKnobsKarcher DesignDoor Knob K390 (50)TablesVitsœ621 Side TableMore products »Save想阅读文章的中文版本吗?弧形百叶窗私宅 VY ANH / Khuon Studio是否翻译成中文现有为你所在地区特制的网站?想浏览ArchDaily中国吗?Take me there »✖You’ve started following your first account!Did you know?You’ll now receive updates based on what you follow! Personalize your stream and start following your favorite authors, offices and users.Go to my streamlast_img read more

World Vision campaign to attract London sponsors

first_img World Vision has run a two-week regional campaign to attract 2,000 new child sponsors and raise awareness of its overseas work in London.The ‘Sponsor a Child’ campaign, put together by Zed Media, was fronted by Archbishop Desmond Tutu and encouraged Londoners to become regular sponsors helping children in developing countries.An integrated media approach saw three diferent outdoor advertising excecutions with cross-track projection on London Underground at Euston station, tube car panels on all London tube lines and six-sheet posters at shopping malls including Brent Cross.Additionally the campaign has run on ITV, C4 and Five, in regional papers, online and on radio.www.worldvision.org.uk Howard Lake | 1 May 2008 | News Tagged with: Individual giving About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving. World Vision campaign to attract London sponsors  22 total views,  1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThislast_img read more

Big guns destroy U.S. schools

first_imgBigger guns are destroying children’s lives in U.S. schools than the AR-15 used in the heinous Florida school murders.Schools across the country are facing untenable choices of what programs to slash and how many teachers to cut, with an impact that puts millions of young lives and futures at risk.These cuts in essential programs are because each year the U.S. military budget is relentlessly increased by 10 percent. Some of this increase is hidden in cost overruns and military “supplements” for ongoing wars in Afghanistan, Iraq and Syria.In order to “balance the federal budget,” annual 5 percent cuts are ordered, on average, to “discretionary spending” in federal agencies and also to state and city programs.Federal funding makes up an average of 31 percent of state budgets in 2018. Even where local tax increases or bonds attempt to fill the budget gap, this increased revenue is not enough to make up for cuts in state funding, due to federal cuts.On a national level, state education funding per student is lower in 2018 than in 2008. Education workers’ job benefits such as health care premiums and pensions are cut, or increased costs are demanded from these already underpaid city and state workers.But worse cuts are on the way.Trump’s 2018 budget plans to increase military spending by $54 billion and cut nonmilitary programs by the same amount. The latest budget will dismantle numerous programs in health care, nutrition, affordable housing, the environment, science, the few remaining poverty programs, transportation and infrastructure projects that will affect the quality of life of millions upon millions of working and oppressed people.Children’s education and health programs face the deepest cuts.U.S. military expenditures are already larger than that of the rest of the world combined, and U.S. weapons could incinerate the world many times over. To continue to expand this military, there is no essential program that the U.S. capitalist class is not willing to loot and destroy.In order to justify this enormous theft of the peoples’ resources, the U.S. ruling class must create endless political crisis and military confrontations on an ever-more-dangerous scale. The resulting militarism permeates society with the poison of both random and calculated violence.Meanwhile, profits are constantly increasing to the military corporations, private contractors, secret spy agencies, cyber warfare units and maintenance of more than 1,000 foreign military bases. Billions that could go to education are poured into research and development of new weapons systems.Local police forces are armed with U.S. military equipment and tanks, and their training is coordinated with the military. This gives the cops, the local repressive arm of capitalist society, far more leverage in its ongoing war on communities of color throughout the U.S. These are the same cops patrolling the hallways of public schools, which have been turned into school-to-prison pipelines.End gun violence in the schools!Money for education, not for war and militarization!Flounders is a co-coordinator of the International Action Center, a leading anti-war and anti-imperialist organization based in the U.S. (iacenter.org)FacebookTwitterWhatsAppEmailPrintMoreShare thisFacebookTwitterWhatsAppEmailPrintMoreShare thislast_img read more

China’s Demand for U.S. Pork Continuing to Grow Despite Tariffs

first_img SHARE Previous articlePeterson: USMCA Vote Possible this Week or NextNext articlePoor Forage Quality Spurs Concerns Over Malnutrition This Winter NAFB News Service China’s Demand for U.S. Pork Continuing to Grow Despite Tariffs SHARE Facebook Twitter The USDA recently raised its pork export forecast for both 2019 and 2020. The predicted rise is due in large part to the significant growth in Chinese demand for more U.S. pork.China’s growing demand for pork imports is a direct result of the African Swine Fever outbreak that spread throughout the country in 2018 and continued into this year.As of September, China’s pork inventory was down 41 percent from the previous year. Many farmers slaughtered their animals to prevent herds from becoming infected.By October, Chinese hog and pork prices had doubled compared to a year earlier, as pork supplies quickly grew tighter.To help fill the gap between supply and demand, China turned to more imports from the U.S. and 10 other countries.Despite retaliatory tariffs of up to 78 percent implemented on U.S. pork products, 2019 U.S. exports of pork to China have increased 91 percent through August. Total U.S. pork exports in 2019 are now forecast at 6.85 billion pounds, 12 percent higher than last year.In 2020, USDA is forecasting total U.S. pork exports of 7.3 billion pounds, an 11 percent jump over this year. Home Indiana Agriculture News China’s Demand for U.S. Pork Continuing to Grow Despite Tariffs By NAFB News Service – Nov 10, 2019 Facebook Twitterlast_img read more

Free Azerbaijani journalist Mehman Huseynov!

first_img Committee to Protect Journalists June 4, 2021 Find out more AzerbaijanEurope – Central Asia Condemning abuses Judicial harassmentViolenceFreedom of expressionCouncil of EuropeCitizen-journalists The imprisonment of Mehman Huseynov is another step by the Azerbaijani authorities to retaliate against him for his critical journalism and defiance, but also to deter others from seeking justice for police abuse, a persistent and well-documented problem in Azerbaijan. At least 5 other journalists and bloggers are currently in prison on politically motivated charges in Azerbaijan. Canadian Journalists for Free Expression Receive email alerts RSF_en Human Rights Watch On January 9, a group of plain-clothes officers attacked Mehman Huseynov, blindfolded and gagged him with towels, forced a bag over his head and took him to the Nasimi district police station, where police used an electroshock weapon on his groin, and punched him, bloodying his nose. The next day, officers took him before a court that found him guilty of disobeying police orders and fined him 200 manat (US$120). English PEN Front Line Defenders “We’ll hold Ilham Aliyev personally responsible if anything happens to this blogger in France” RSF says Human Rights First While authorities refused to conduct a credible investigation into Huseynov’s torture allegations, the Nasimi police chief brought a criminal lawsuit against him for defamation. After just two hearings, a court found Huseynov guilty and sentenced him to two years in prison. IFEX Golos Svobody Kyrgyzstan On a day when the world commemorates the fundamental importance of press freedom, we call on the Azerbaijani authorities to immediately and unconditionally release Mehman Huseynov and hold to account those responsible for the torture and other ill-treatment he was subjected to. This would mark an important step towards ensuring press freedoms and guaranteeing the right to freedom of expression in Azerbaijan. News People in Need Bir Duino-Kyrgyzstan Follow the news on Azerbaijan Dignity May 2, 2017 Free Azerbaijani journalist Mehman Huseynov! News PEN International FIDH, under the Observatory for the Protection of Human Rights Defenders April 9, 2021 Find out more Center for Civil Liberties Norwegian Helsinki Committee Human Rights House Foundationcenter_img Amnesty International Human Rights Club Russian peacekeepers deny foreign reporters access to Nagorno-Karabakh Centre for the Development of Democracy and Human Rights ARTICLE 19 News Mehman Huseynov remained defiant, went public about the abuses he suffered at the station, and filed a complaint with the prosecutor’s office. The authorities formally opened an inquiry into Huseynov’s allegations, but swiftly closed the inquiry claiming the allegations were groundless. On April 27, an appeal court upheld the prosecutor’s decision to shut down the investigation. Barys Zvozskau Belarusian Human Rights House RSF calls for a fully transparent investigation after mine kills two journalists in Azerbaijan As World Press Freedom Day is celebrated across the globe on May 3, we, the undersigned organizations, cannot forget the untenable price journalists pay for government criticism in Azerbaijan. The case of Mehman Huseynov is emblematic. Huseynov is a popular journalist and blogger in Azerbaijan who is known for his hard-hitting exposés of alleged corruption by senior Azerbaijani officials. In March 2017, a Baku court sentenced him to two years in prison on charges of defaming an entire police station, after he gave a statement in front of the courthouse in which he described the abuses he had suffered at that police station. International Partnership for Human Rights Regional Center for Strategic Studies Organisation Civil Rights Defenders AzerbaijanEurope – Central Asia Condemning abuses Judicial harassmentViolenceFreedom of expressionCouncil of EuropeCitizen-journalists Netherlands Helsinki Committee Help by sharing this information Freedom Files to go further Reporters Without Borders (RSF) June 8, 2021 Find out more International Media Support News Mehman Huseynov has been targeted by the government for years, since the authorities brought bogus criminal charges against the Institute for Reporters’ Freedom and Safety (IRFS), founded by his brother, Emin Huseynov, who was forced to flee the country for his own safety. Since 2012, Mehman Huseynov has been under a travel ban and has been repeatedly harassed and intimidated by the police. Kazakhstan International Bureau for Human Rights and the Rule of Law Institute for Reporters’ Freedom and Safety World Organisation Against Torture (OMCT), under the Observatory for the Protection of Human Rights Defenders PEN Americalast_img read more

Six NGOs react to meeting between French president and King of Bahrain

first_imgNews Read in Arabic (بالعربية)Six human Rights organisations make public a letter sent to the French President raising their concerns following an unannounced meeting with the King of Bahrain, on 23 July. No official statement was issued after the meeting. (Photo : Nadège Puljak, AFP)This letter has been released as the Higher Appeal Court will consider the appeal of human rights activist Nabeel Rajab against his three-month prison sentence on 5 August. Human rights organisations consider that the sentence pronounced against Rajab on 9 July seems to solely aim at sanctioning his right to freedom of expression. Here is the joint letter :M. François HOLLANDEPresidentElysée Palace55 rue du Fg Saint Honoré75008 ParisParis, July the 26th 2012Purpose: Concerns following the unannounced visit of King Hamad bin Isa Al Khalifa of Bahrain on the 23rd JulyDear Mr Hollande,We are writing to you following your meeting on Monday, July 23 with King Hamad bin Issa Al Khalifa of Bahrain. This visit was not announced on the Elysée’s website and no official statement was issued by your office after the meeting. Apparently, journalists were also not aware of this meeting.We are concerned about the quasi-secret character of this meeting and we wonder if it reflects an intent to avoid commenting on the deterioration and the gravity of the human rights situation in Bahrain today. We knew King Hamad was preparing to come to France and that your office was assessing whether to respond positively to his request for a meeting. This visit could have been a timely opportunity to express publicly as well as to King Hamad directly France’s concerns about the human rights situation in Bahrain. The government of Bahrain, as you are aware, asserts that you had only praise for the government’s claimed political reforms. We wonder if the secrecy around this visit signals political embarrassment on your part — embarrassment that may be warranted given the continuing repression by Bahrain’s ruling family, whose security forces in the past received training and assistance from France. In this regard, the announcement, relayed by the Bahrain News Agency, according to which bilateral military cooperation will be consolidated, is of great concerns. The signatory organisations call on your office to issue a statement clarifying France’s stance in the meeting with King Hamad, and to state clearly that France deplores Bahrain’s failure to date to implement the most important recommendations of the Bahrain Independent Commission of Inquiry, namely to free those jailed solely for exercising their rights to free expression and peaceful assembly, and to hold accountable senior officials implicated in torture and other serious human rights violations.We respectfully hope our message will be taken into consideration.Yours sincerely,Jean-Marie Fardeau, Director France, Human Rights WatchSouhayr Belhassen, President, FIDH – International Federation of Human RightsGeneviève Garrigos, President, Amnesty international FranceOlivier Basille, Executive Director, Reporters Without BordersPierre Tartakowsky, President, Human Rights LeagueFrançois Walter, President, ACAT – Action by Christians for the Abolition of Torture(Photo slide show : AFP) Related documents Letter to President Hollande – In arabicPDF – 72.14 KB Organisation October 14, 2020 Find out more German spyware company FinFisher searched by public prosecutors BahrainMiddle East – North Africa August 2, 2012 – Updated on January 20, 2016 Six NGOs react to meeting between French president and King of Bahrain Help by sharing this information News to go further RSF_en Coronavirus “information heroes” – journalism that saves lives March 17, 2021 Find out more BahrainMiddle East – North Africa Tenth anniversary of Bahraini blogger’s arrest News News Follow the news on Bahrain Receive email alerts June 15, 2020 Find out morelast_img read more