PITTSBURGH — Eric Williams, Jr. started a comeback midway through the second half with a 3-pointer as Duquesne stormed back from 15 points down and surged past Longwood 80-71 on Sunday afternoon.Williams scored 22 points with 12 rebounds, Lamar Norman Jr. added 15 points and Tavian Dunn-Martin 11 — all in the second half —with six assists and Duquesne (6-2) remained a perfect 5-0 at the A.J. Palumbo Center.Williams matched his season high on 6-of-11 shooting, with three 3-pointers and a 7-of-8 effort at the line. The sophomore had a double-double for the third time this season. Norman, a freshman, scored his career best.JaShaun Smith led the Lancers (7-4) with 20 points and Shabooty Phillips scored 18 with seven assists. The two scored 25 in the first half when Longwood shot 61 per cent, never trailed and led 47-32 at the break.The second half belonged to the Dukes who scored 15 points off 14 turnovers with five steals in the final period. Williams and Norman had buckets to cut the gap to 10. Sincere Carry hit two free throws and an Amari Kelly jump hook cut the deficit to six. A Williams steal and pass to Kelly for a one-handed dunk cut it to three, and Dunn-Martin free throws capped a 16-0 run with Duquesne leading for the first time with five minutes left.The Associated Press
Azrou – A fierce fighting took place in the Maadeed neighborhood in Rabat between dozens of inhabitants and Sub-Saharan African immigrants. Knifes, swords, iron rods and batons were used in the fight while stones were thrown from windows and rooftops.According to Al Massae daily, the confrontation began after a misunderstanding between a Moroccan and a Sub-Saharan African immigrant and heightened into brawl creating a state of terror in the surroundings.The Sub-Saharan African immigrant gathered more than 15 illegal immigrants to take his side but was surprised by the resistance of his opponent’s neighbors who came to the defense of the Moroccan. Matching sources revealed that this incident was not the first of its kind. Neighborhoods like Dwar Doom, Maadeed, and Dwar Hajja are highly susceptible areas in terms of security allowing for a dangerous atmosphere and violent confrontations.Two days ago, the area witnessed clashes between 15 immigrants from different nationalities for unknown reasons. Two weeks prior, the area was spared a nearly deadly confrontation between Sub-Saharan African immigrants and young Moroccans from the Taqqadum neighborhood.The sources added that this situation is creating congestion in the marginal neighborhoods of Rabat, known to be refuges for hundreds of illegal immigrants, adding that the tensions are expected to worsen between the two parties.According to one of the neighborhood residents, some immigrants are peaceful, harmless and strive to make a living by working in parking lots. However, many immigrants have became a source of worry for these areas’ residents because of dangerous practices including drug and alcohol trafficking, as well as aggressive behavior which further provokes the Moroccan population.The same source warned that the continuation of such obstructive environments could result in difficulties for Moroccan and Sub-Saharan African immigrants’ coexistence in these neighborhoods. According to “Abdelwafi Ftit, a Rabati official, “the situation is like a ticking bomb.”Edited by Sahar Kian
WASHINGTON — From Ben Affleck and Susan Sarandon to Anna Wintour and Willie Nelson, celebrities lined up to give money to their favourite Democratic presidential candidates.Fundraising reports made public this week show 2020 contenders including Vermont Sen. Bernie Sanders, California Sen. Kamala Harris, South Bend, Indiana, Mayor Pete Buttigieg (BOO’-tuh-juhj) and former Texas Rep. Beto O’Rourke raised money from stars.Candidates in the crowded field of more than a dozen contenders have aggressively courted key figures in music, television, publishing and film. They are among the party’s most reliable sources of campaign cash.Although many donors remain on the sidelines, the reports offer a glimpse of who is drawing attention from the entertainment industry in the early stages of the race.Brian Slodysko, The Associated Press
“There has been a succession of positive developments in recent months concerning several groups of stateless people across the world – following many years of stagnation,” Jennifer Pagonis, spokesperson for the UN High Commissioner for Refugees (UNHCR), announced today at a press briefing in Geneva.The refugee agency, which also has a mandate for stateless people – those who for a variety of reasons do not have nationality or citizenship in the state where they are living, or anywhere else – believes there are as many as 15 million stateless people worldwide in at least 49 countries.Among the recent developments is the decision of the Bangladeshi Government to confirm citizenship for at least 160,000 of the country’s 300,000 Urdu-speaking population, also known as Biharis, who became stateless following the separation of Pakistan from India in 1947 and the subsequent civil war that led to the creation of Bangladesh in 1971. Earlier this year in Nepal, some 2.6 million people received certificates of citizenship. Hundreds of mobile teams fanned out across Nepal’s 75 districts, visiting even the most remote mountain villages, to ensure that certificates were issued to as many of the country’s inhabitants as possible.This followed an earlier campaign in Sri Lanka, where more than 190,000 people obtained citizenship over a 10-day period, after a change in the law that benefited the stateless descendants of tea pickers who had been brought to the country from British India nearly two centuries earlier.Ms. Pagonis also noted movement on the issue in South America and Europe. Last Thursday, Brazil’s Congress passed an important constitutional amendment granting nationality to children born to a Brazilian parent living abroad. Previously such children risked ending up stateless, and it is estimated that up to 200,000 children could benefit from this development. Despite the recent advances, she noted that millions of others remain without an official identity, “living in the Kafkaesque world of the stateless.” “In many cases they are unable to educate their children, benefit from government healthcare, get a legal job, travel abroad – or do any of a wide range of things which most of us take for granted,” she stated. 25 September 2007The United Nations refugee agency has welcomed as “major breakthroughs” recent decisions by Bangladesh, Nepal and Sri Lanka to grant citizenship to some three million people who live in the three Asian nations without any official identity.
The police are conducting investigations into the accident. Another 6 year old child, also a daughter of the couple, who was in the three-wheeler, was not hurt. A couple and their child were killed last night following a train accident in Ja-Ela, the police media unit said this morning.The police said that the accident occurred when a train traveling between Colombo and Negombo had rammed into a three-wheeler at a level crossing in Ja-Ela last night. The 42 year old driver of the three-wheeler, his 40 year old wife and 12 year old daughter were killed in the accident.
A 20- year old Mississauga man has been charged with second degree murder in the death of his mother. This is the latest tragedy in the last month across the GTHA with children being charged in the deaths of their parents.Phil Perkins went to the home where Peel region’s 13th homicide took place and attempted to speak with the neighbours. No one was willing to comment on the incident or the family but it was clear the news has everyone a little shook up.Just before 6 o’clock Saturday night, Peel police arrived at a home on Southfork Drive in Mississauga in response to a domestic disturbance. Inside they found 41-year old Vaisali Patel with critical injuries. She died in a nearby hospital this morning.Her son Kunal Bhavan has been charged with second degree murder and appeared in a Brampton courtroom earlier today.Neighbours say Bhavan lived with his mother, father and younger sister. They don’t recall any incident’s leading up to last night’s murder.Unfortunately this isn’t the first time in the last month, let alone this year that a son is suspected of killing his parent.Less than 2 weeks ago, 32-year old Wesley Nagel Jr. was arrested at a rooming house on Guelph Line in Burlington after officials found his father Wesley Nagel Sr. with stab wounds. The 62-year old later died in hospital. Nagel Jr. lived with his father and appeared in court last Friday and is facing second degree murder charges.On September 21st in Oakville, 62-year old Judy Wilson, a retired city-worker died in her home following a dispute with her son Ryan Porte. The 39-year old lived with his mother and is in custody while he faces second degree murder charges.Police involved with previous 2 murders identified that there had been some history of tension between the victim’s and their son’s. At this point, peel police haven’t commented on what lead up to last night’s death.
Redshirt sophomore quarterback J.T. Barrett (16) tries to shake off a tackler during a game against Northern Illinois on Sept. 19. OSU won 20-13.Credit: Samantha Hollingshead / Photo EditorOhio State coach Urban Meyer addressed the media on Monday to discuss the Buckeyes’ 20-13 victory over Northern Illinois and their upcoming week as they prepare to take on Western Michigan on Saturday. Here are three takeaways from Meyer’s press conference:ChampionsMeyer gave out his weekly awards for players that graded out as “champions” for their performance against NIU.Offensively, awards for champions will have to wait another week.“On offense, no champions. We did not do well,” Meyer said.On the other side of the ball, the list was essentially the starting depth chart.Eight players graded out as champions for their stout performances against the Huskies, in which they only allowed 13 points and 190 yards of total offense.Meyer said redshirt sophomore linebacker Darron Lee and junior safety Vonn Bell were co-defensive players of the game, which brings the total to 10 players.The only starter omitted by Meyer was senior defensive tackle Tommy Schutt.“It looks like we have a couple interior guys” that did not grade out as champions, Meyer said.Even with the notable exclusion, the coach was still effusive in his praise of the defense.“Four guys in the secondary, the three backers, that’s a heck of a day against an offense we had a lot of respect for going into it,” Meyer said.TurnoversMeyer was critical of his team’s performance on offense. He said the performance against the Huskies was “one of the worst executed performances since (Meyer has) been here.”The Buckeyes only tallied 298 yards of total offense. It was the first time they were held under 300 yards of total offense since Oct. 25 against Penn State.One of the biggest things Meyer said he is concerned about with the offense is the amount of turnovers.“We’re turning the ball over at (an) alarming rate,” he said.The Buckeyes have lost eight turnovers on the season so far, including five against Northern Illinois. There are only eight teams in the country that have turned the ball over more than OSU through three games.Three of the five turnovers against the Huskies came off interceptions — two by redshirt junior Cardale Jones and one by redshirt sophomore J.T. Barrett.“All three were absolutely inexcusable,” Meyer said of the picks.The other two came off fumbles, one by junior tailback Ezekiel Elliott early in the game with OSU already trailing 7-0, and the second by sophomore H-back Curtis Samuel late in the fourth quarter.Meyer said Elliott is “usually pretty good” when it comes to ball security. Samuel’s fumble was jarred by an NIU defender putting his helmet on the football.The coach said they’re putting a focus on ball security and really coaching it.Going forward, Meyer said he is evaluating the issue, but if the problems persist, there will be an impact.“That has an impact on who touches the ball,” he said.Quarterback battleAs of Monday, the starting quarterback for the game against WMU is up in the air.“I haven’t decided yet,” Meyer said. “We’re going to have conversations.”He said on Sunday he had a conversation with one of the quarterbacks and he will meet and discuss with the other Monday.Jones has started all three games for the Buckeyes and gotten most of the reps with the ones in practice, but against NIU, he was benched mid-game for the second straight week in favor of Barrett.Yet still, even with three weeks of game film to study, neither has really differentiated himself from the other.“Today, not one is beating out the other,” Meyer said. “They’re not playing great.”Some suggest that part of the cause for the poor performances is due to Jones looking over his shoulder, knowing that Barrett is there ready to fill in even after the littlest mistake or vice versa.However, Meyer is not buying any of that logic.“If you think you’re going to play at the next level, there is going to be probably one better than you stand right next to you, so get used to it,” he said. “If you have a bad day, you get replaced. That might not be everyone’s philosophy and that’s OK.”Meyer said he thinks complaining about someone over their shoulder is just an excuse.“I call it an excuse of how can you perform with someone looking over your shoulder, NFL quarterbacks do. I’ve never had one not,” he said. “We’ve always had a backup quarterback. It just happens the backup quarterback here, whomever it may be, is really good.”For Meyer, the solution to the problem is rather simple.“We just have to perform better,” he said.
Ivanhoe Mines’ Executive Chairman Robert Friedland and Chief Executive Officer Lars-Eric Johansson recently announced that ongoing upgrading work financed by the company at the Mwadingusha hydropower plant has begun supplying an initial 11 MW of power to the national grid in the Democratic Republic of Congo (DRC). The upgrading – part of a program planned to eventually overhaul and boost output from a total of three hydropower plants – is being conducted by Ivanhoe Mines and its joint-venture partner, Zijin Mining Group, in conjunction with the DRC’s state-owned power company, La Société Nationale d’Electricité (SNEL).At Mwadingusha, electricity now is being produced by the No 1 turbine generator, the first of six installed at the dam’s power plant that are being upgraded and modernised. It is the first step in a program based on an initial 2011 memorandum of understanding, and subsequent 2014 agreement, between Ivanhoe and SNEL.The Mwadingusha plant originally was commissioned in 1930. Completion of the full upgrading and modernization of Mwadingusha’s five other generating units that now is underway is expected to restore Mwadingusha to its installed output capacity of approximately 71 MW of power for the national grid. The upgrading work is being undertaken by a partnership between SNEL and Ivanhoe Mines Energy DRC, a subsidiary of Kamoa Holding Ltd.A ceremony was held marking the resumption of output from the first generator was attended by prominent officials, including the Governor of Haut-Katanga Province, Jean-Claude Kazembe Musonda; Haut-Katanga’s Minister of Mines, Professor Willy Kitobo Samsoni; and members of the senior managements of SNEL and Ivanhoe Mines.Friedland said a dependable power supply is essential to planned production at Kamoa. “This first installation of modern power generating equipment at Mwadingusha is an important milestone in helping to secure long-term, sustainable and clean electricity for the Congolese people and for the development of our major, new copper mine at Kamoa. Mining and the supply of reliable energy are inseparable and we are committed to implementing energy-efficiency measures and supporting cost-effective ways of generating clean energy. Hydropower, with the virtues of being clean and renewable, is among the best energy solutions for our industry living with the realities of climate change.”Governor Musonda said Mwadingusha will help to address the DRC’s electricity-supply deficit. “Today, thanks to the private-public partnership supported by the DRC government, Ivanhoe Mines and SNEL have added additional megawatts to the national electricity grid. I urge SNEL to make sure that these additional megawatts are distributed in an appropriate manner to the targeted end users.”Minister Samsoni also complimented Ivanhoe, suggesting its initiative could be a model for other businesses. “The provincial government will continue to support Ivanhoe Mines in the work it is doing with SNEL to successfully implement all the other projects it has in the DRC. Ivanhoe must be supported in its effort and used as an example for other companies to join in partnering with SNEL to solve the existing electricity problem in the DRC.”The DRC Minister of Hydraulic Resources and Energy, Matadi Manga Gamanda, said that Ivanhoe Mines can count on the support of the Ministry to continue to address the deficit in electricity in the DRC. “We are very pleased with the private-public partnership between SNEL and Ivanhoe Mines. The electricity sector here has been privatised and it opens the door for other investors and companies to produce, transport and sell electricity in the DRC.”
IRELAND HAS EXITED the bailout programme and is being hailed as “bailout success story”.This week a number of “good news” stories have been circulating around the world about us, taking a rather different angle to the Irish population shooting and eating pigeons. Gone are the days of news reports about our spiralling debt and bad banks.Yesterday, Ireland’s 10-year government bond yields fell to eight-year lows as the country’s first debt sale since it exited an international bailout proved popular with investors.Here’s what’s being said about why “Ireland is back”.1. Business Insider reported yesterday that there is a “huge demand” for Irish debt in its first auction since exiting its bailout, stating: “This continues the bailout success story that is Ireland.”2. The Financial Times reporting on the auction said: They added that the “appetite for Ireland is driven by the fact that its bonds are expected to provide healthy returns – albeit not as healthy as in recent years,” but said that “Irish bonds are no longer considered a risky investment”.3. The Wall Street Journal said that when Ireland exited its bailout program at the end of last year, turning down an offer of a credit line from rescuers and relying on capital markets for funding was “a move that could have proven risky if investors were unwilling to lend the country cash”. However, they stated:Well, it turns out they are willing after all. Very willing.4. Reuters reports this week that Ireland is making a “stormy return” and that Ireland’s economy has shown signs it is picking up steam, with the jobless rate falling to 12.5 percent from a 2012 peak of 15.1 percent and property prices starting to rebound, and the government sees GDP growing by 2 percent this year.5. The New York Times seems to have a bit of an obsession with our country recently, with a number of articles dissecting our recovery and what we’re all about. Last month they reported that it “certainly looks like Ireland is recovering from near economic collapse,” but went on to say we’re shooting pigeons and “eating cornflakes for breakfast”.With a new year, the Irish focus is now on our tech industry and how Microsoft, PayPal, Fujitsu and scores of other companies are expanding their investments in Ireland, creating thousands of jobs as unemployment hovers near record highs. However, they say there is “one hitch” – that we don’t have enough people qualified to fill all the jobs.The latest commentary is much more positive stating that through a combination of both long-standing and new grants and tax breaks, government officials are “pushing to invigorate smaller, home-grown Irish companies. The hope is that a more robust tech sector can cement the country’s economic recovery”.Financial experts and agenciesEven financial experts are saying that Ireland is not only on the mend but will outperform the rest of the euro zone, with The Market Sentiment survey of members of Chartered Financial Analysts (CFA) Ireland showing that 80 per cent expect both the Irish and global economies to grow this year.The successful debt sale yesterday comes a week before Moody’s Investors Service is due to update its view on the country, so will Ireland get a better report card?What do you think? Is Ireland seeing a recovery? Are you more optimistic? Why not give us your view on it all in the comments section below. Read: Post-bailout Ireland returns to the bond markets>Read: ‘Falling bond yields butter no parsnips’: 8 winners, 8 losers and 4 we couldn’t decide on from 2013 > An overflowing order book north of €13bn for Ireland’s 10 year bond sale – its first debt sale since formally exiting an international bailout programme last month – has allowed bankers to tighten the pricing of the deal.Dublin’s treasurers had intended to cap the size of the deal at about €3bn-€3.5bn, but the ravenous demand could allow it increase it markedly and make a big dent in its funding requirements for 2014 by early January.
There are two major issues with touchscreen gaming. In order to play you inevitably end up covering part of the screen, and because all you can do is tap and gesture, the controls are quite limited and don’t fit some types of gameplay at all well.With the release of iOS 7 Apple has added support for hardware controllers, and therefore we can expect to see a number of peripheral manufacturers offering game controller add-ons for iPhones and maybe even iPads.One of those manufacturers is Logitech, and the company hinted at a game controller for iPhone last week on Facebook. Now, an image of that gamepad has leaked as tweeted by @evleaks, which you can see above.The gamepad looks to offer a d-pad, four face buttons, and two shoulder buttons. The iPhone slots into the gamepad housing and there’s a slot on the back to allow the camera to still function. The added length means it isn’t going to be pocket friendly, and the gamepad is a solid unit so you can’t fold it up when not in use.What’s unclear is how it interfaces with the iPhone. Does it require the Lightning port, or is it a Bluetooth link? From the way the handset slots in I’d guess Bluetooth is what Logitech has chosen to use.As for compatibility, Logitech will have gone with support for the most recent versions of the handset. So I’d expect the iPhone 5, iPhone 5C, and iPhone 5S to all be compatible. That also means the latest generation of the iPod touch should work.
Inter Milan’s Javier Zanetti is wary of the importance of the club’s upcoming derby against local rivals AC Milan and dismissed speculation surrounding Mauro Icardi’s futureThe now vice-president was speaking at the launch of the InterWall in the center of Milan, where he conceded that the upcoming derby against Milan could play a vital role in the outcome of their season.“The derby is always important – there are two teams that are aiming for the same objective. However, we must first face Verona…” said Zanetti, according to club website.Lately Icardi has found himself at the centre of speculation in regards to a move to Chelsea in the summer with the club having reportedly lodged a €63m bid for the Argentine.Report: Inter go top with win over Udinese George Patchias – September 14, 2019 Inter Milan are top of Serie A after beating Udinese to make it three wins out of three.Antonio Conte’s career at Inter Milan, could…“I don’t know who Sampaoli will choose. However, we’re really happy with Mauro Icardi. He is our captain and he proves his worth in every game. It is not the time to discuss the transfer market. In terms of our squad, we are only focused on the present.“The fans are always with us and this will be the case forever. We now just have the final sprint ahead of us and we know that they’ll be with us once again.”Inter were leading the Serie A standings during the first-half of the season but have now fallen down to fourth place, amid a terrible run of form since December.
The UK’s car manufacturing and exports touched multi-year highs in 2016, while exports to India increased by 15.8 percent last year, riding largely on demand from Tata Motors-owned Jaguar Land Rover (JLR) models. Indian luxury car market likely to post its first ever decline in 2016UK car exports to India reached at 3,372 in 2016 as an increasing number of affluent Indian buyers took advantage of a range of new premium and luxury British-built cars, the Society of Motor Manufacturers & Traders (SMMT), one of the UK’s largest trade associations, said on Thursday.At the same time, India emerged as the eighth largest Asian market for UK car exports with JLR’s Land Rover Discovery Sport, Ranger Rover Evoque, Jaguar XF, Jaguar XE and Jaguar F-Pace among the top five most popular models. Society of Motor Manufacturers & TradersAdditionally, 31,535 new cars were registered in the UK last year by Indian-built car models, up 12.6 percent over 2015. Mike Hawes, SMMT chief executive, said: “India and the UK have a great history of collaboration in the automotive sector and it is essential we secure mutually beneficial trade relationships in the future. India is a growing market, for the moment largely for luxury vehicles. But we face high import tariffs which make it more difficult to sell into India.”He added it remains to be seen the kind of trade deal the UK may look to agree with India post-Brexit. Meanwhile, British car manufacturing hit a 17-year high as about 1.7 million vehicles from some 15 manufacturers rolled off production lines in the country in 2016, up about 8.8 percent from approximately 1.6 million total car manufactured in 2015. JLR cars accounted for almost 32 percent of the all the cars manufactured in Britain in 2016. The Tata Motors’ subsidiary rolled out 544,401 cars in 2016, up 11.1 percent from 489,923 cars it produced in 2015. Society of Motor Manufacturers & TradersAlso, more cars are now being exported from Britain than ever before. As many as 10 new car models started production in the UK last year, nine of them from premium brands which helped the UK become the second biggest producer of premium cars after Germany and the third biggest car producer in Europe. However, total committed investment announcements in the automotive sector in 2016 were down to £1.66 billion from £2.5 billion in 2015 across a number of companies. The rise in production was mainly driven by overseas demand, with the global appetite for British-built cars rising by 10.3 percent to an all-time high of 1,354,216 cars in 2016. Around eight out of every 10 cars manufactured in the UK is now exported. Exports to the rest of the EU accounted for more than half of all UK car exports and grew 7.5 percent to 758,680 units. Exports to the US – the UK’s biggest export destination after the EU – rose by 47.2% percent, while uplifts were also seen exports to Turkey, Japan and Canada. China, third on the list of UK’s export markets, grew by 3.1 percent with 88,610 vehicles exported last year.Domestic demand for UK-built cars grew by mere 2.4 percent in 2016.
Popular on Variety Facebook is deciding whether it should trust its users: The company has begun to give them individual trust scores ranging from zero to one, according to a new Washington Post report. The company is reportedly using this new system to better evaluate feedback from users who have flagged posts as fake news.The goal of the system is to account for instances when users report accurate news reports as false just because they disagree with their premise, Facebook product manager Tessa Lyons told the paper. The score is presumably also meant to counteract organized disinformation campaigns that rely on mass reporting of unwanted posts.The new score is just one of numerous signals the company uses to mitigate these risks; it also looks into the frequency with which users report posts as false, and collects data on which publishers are deemed trustworthy by its users. Facebook began to offer users the ability to flag posts as false in 2015, and more recently started to work with third-party fact checkers to review flagged posts. Lyons didn’t go into details about other signals Facebook is using to generate its trust score, citing concerns that bad actors could use this information to bypass the company’s filters. ×Actors Reveal Their Favorite Disney PrincessesSeveral actors, like Daisy Ridley, Awkwafina, Jeff Goldblum and Gina Rodriguez, reveal their favorite Disney princesses. Rapunzel, Mulan, Ariel,Tiana, Sleeping Beauty and Jasmine all got some love from the Disney stars.More VideosVolume 0%Press shift question mark to access a list of keyboard shortcutsKeyboard Shortcutsplay/pauseincrease volumedecrease volumeseek forwardsseek backwardstoggle captionstoggle fullscreenmute/unmuteseek to %SPACE↑↓→←cfm0-9Next UpJennifer Lopez Shares How She Became a Mogul04:350.5x1x1.25×1.5x2xLive00:0002:1502:15
Kolkata: A tourist vehicle travelling from Siliguri towards Sikkim skidded off the road and plunged more than 100 feet into the River Teesta near the Coronation bridge on Wednesday. The vehicle, along with the passengers and the driver, has gone missing in the river. A search operation has been launched.The incident occurred around 2 pm on Wednesday. The number plate (WB73E2940) of the vehicle, luggage, driver’s wallet and driving license and wallet were found from the accident site. A search and rescue operation has been launched. NDRF, rafters and fire brigade personnel have launched the search operation. The driver (as per his PAN card) is Rajesh Rai, a resident of Bhanunagar, Sevok Road, Bhaktinagar, Siliguri. On investigation, the police found out that the Innova vehicle was carrying two tourists from Jaipur, Rajasthan. They were identified as Aman Gaur (26) and Gaurav Sharma (24). Also Read – Rs 13,000 crore investment to provide 2 lakh jobs: MamataAt the time of filing the report the vehicle as well as the passengers and drivers were still untraceable. Meanwhile, rains continued in the Hills on Wednesday with fresh landslides. There were 6 landslides reported between Rongtong and Kurseong on the NH55. The NJP-Darjeeling Darjeeling Himalayan railway services continue to be suspended. A Mazda truck and a bike were washed away in a slide in Tindharia. On the National Highway 10 to Sikkim, landslides were reported Kalijhora, 29th Mile, Setijhora and Bhoteybhir near Rongpu. Earth movers were pressed into service and a single lane was opened up for traffic.
Related posts:92 percent of California patients say medical marijuana works Bob Marley-branded marijuana will soon be available thanks to legalization Cannabis on a high in 2014 Big Tobacco need not apply for work in the cannabis market You may like technology (who doesn’t these days) or the energy sector (where would we be without it) — but if you’re making a long-term bet as an investor, there’s a lot going for Big Tobacco. It’s not just that tobacco boasts the best historical performance of all U.S. industries. The industry’s future seems especially bright. As marijuana gradually becomes a legal drug, Big Tobacco is poised to dominate the market.According to the 2015 edition of Credit Suisse’s Global Investment Returns Yearbook, a dollar invested in tobacco in 1900 would have turned into $6.3 million by the end of 2014, by far the best performance of all the industries that existed at the start of the 20th century.That, of course, reflects the decline of some old industries, like coal, railroads and shipbuilding, and fails to account for the emergence of new ones. (A small investment in “some kind of fruit company,” called Apple Inc., is how Forrest Gump earned his fortune.) So perhaps the last ten years are a better indicator of tobacco’s resilience.Since the beginning of 2005, the MSCI Global Tobacco Index has risen 196.4 percent, providing an 11 percent annual return. It far outperformed the catch-all MSCI World Index, which went up 50.6 percent in the same period. It even did better than the MSCI World Information Technology Index, which rose 94.4 percent in the past decade.Despite governments’ efforts to get people to quit smoking, a lot of them still do, and they represent a stable core market for Big Tobacco. In the U.S., for example, 20.9 percent of adults smoked in 2004 and 19 percent still had the habit in 2011. Markets for addictive products are less susceptible to economic crises than any others, and — in part because they’re so politically toxic — they are less bubbly. So investors tend to get a steady return.Right now, the industry is undergoing a vaping revolution. A Bloomberg Intelligence analytical report from last December predicted sales of vapor products in the U.S. could climb 44 percent to $2.6 billion this year. So far, much of that market has been in vaping liquids and the e-cigarettes that use them, but that technology is growing obsolete. The new cutting edge is in “heat not burn” devices, which, according to the Bloomberg Intelligence report, “may be highly disruptive to the existing tobacco industry” because they use real tobacco.A “heat not burn” vaporizer heats ground tobacco leaves and delivers a nicotine hit to the user without producing much smoke or ashes. This still amounts to using an addictive substance in a slightly different way, but it’s not hard to imagine why smokers might find it appealing to inhale less smoke, none of which contains burned paper. Such “heat not burn” devices are already available from a host of smaller companies, but the bigger tobacco companies, such as Philip Morris and Reynolds, have made it clear they’re intent on catching up. A sign is pictured near police tape, which was used as a prop for a ribbon cutting ceremony, at Cannabis City, a retail marijuana store, on July 8, 2014 in Seattle, Washington. David Ryder/Getty Images/AFPIt may seem that Big Tobacco is merely cannibalizing its existing sales by putting out such products. Yet it may be something of a bet on the future, too. “Heat not burn” vaporizers can just as easily be used to smoke marijuana as tobacco. And they are already gaining popularity among cannabis users.Tobacco companies have never said publicly that they’d like to get in on the marijuana business. That’s understandable. Selling marijuana is still largely illegal in Europe and in the U.S., and it would be politically suicidal for companies that face as many regulatory barriers as tobacco companies do to suggest that they want to go into soft drug dealing. But they have long watched marijuana as a potential market.In a 2014 paper entitled “Waiting for the Opportune Moment: The Tobacco Industry and Marijuana Legalization”, the political scientist Rachel Ann Barry and her colleagues quoted internal documents from Philip Morris expressing an interest in marijuana as a tobacco competitor. These letters and memos date back to 1969. In 1970, an adviser to the board of British American Tobacco, Sir Charles Ellis, penned a proposal for a marijuana product to the company, claiming that “smoking such a cigarette is a natural expansion of current smoking habits which, if a more tolerant attitude were ever taken to cannabis, would be a change in habit comparable to moving over to cigars.” The discussions and research paused in the 1980s as marijuana legalization prospects became more remote, but resumed in the 1990s.More than 19 million people in the U.S. aged 12 and older reported using marijuana in 2012. If recreational marijuana is ever legalized beyond the four states where it’s currently permitted, the tobacco companies will be perfectly positioned to capture this vast market. They already have distribution systems (licensed tobacco sellers already dispense medical marijuana in a number of states), marketing machines, industrial facilities to make marijuana cigarettes and package cannabis for use in vaporizers, patented designs for the vaporizers themselves, research laboratories (and possibly even a head start on commercial product development) and, last but not least, cash resources.“Marijuana legalization advocates,” Barry and her colleagues wrote, “have not considered the potential effects of the multinational tobacco companies entering the market (or other corporations such as the food and beverage industries), with their substantial marketing power and capacity to engineer marijuana cigarettes to maximize efficacy as drug delivery systems, in the way that modern cigarettes are designed, whose primary objective is maximizing profits through higher sales.” I’m not sure that’s true: The legalization advocates probably wouldn’t mind Big Tobacco’s participation in developing the market.After all, these corporations can do it better than the tiny companies that have attracted the early marijuana investment into their penny stocks. Companies listed on Marijuanastocks.com may survive on the fringes of the post- legalization industry, but many of them will be put out of business or acquired by the big league players who have survived all the upheavals of the last 115 years while producing top returns for their investors. For those not overly worried about the moral strings attached to investing in companies that pander to addictions, a greener future for Big Tobacco may be one of the biggest opportunities of a lifetime.Leonid Bershidsky, a Bloomberg View contributor, is a Berlin-based writer. For more columns from Bloomberg View, visit http://www.bloomberg.com/view© 2015, Bloomberg News Facebook Comments
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passionate and extremely talented with so much more to do. and then Lagos State University Teaching Hospital, ?
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