text:
“I might see really works and get paid month-to-month because an excellent teacher,” Williams recalls. “I needed the money to possess energy before the second shell out period.
Whenever the woman first financing away from $ 2 hundred appeared owed, she said she went to the lending company to repay it, but in the course of time improved the borrowed funds in order to $ 400, having a payment number of $. If the she would be to pay it out-of in 30 days, the rate translates to 264 percent annualized.
“That you don’t know, once you get the cash it’s difficult to come aside,” Williams said. “The individual do not want him or her. ”
“A hushed race”
Also the six-few days individual money direction Jennifer Williams took fast online payday loans Muskegon, Southern area Bancorp now offers almost every other monetary education and you will counseling software. The bank has the benefit of suggestions about household discounts additionally the ideal play with of income tax refunds.
“A lot of times the newest income tax reimburse is the biggest evaluate a reduced-money people becomes,” told you Darrin Williams, “so we encourage them to save specific.”
Among South Bancorp’s requirements would be to let folks of color get steeped: for example, 80% of recent players in counseling applications was basically black colored. Southern area Bancorp also provides an application you to pairs deals of low-earnings people – intended for a home, home business, otherwise tuition – that have government fund as high as $ 2,100 each individual. Of your own users into the 108 of these applications, 96 per cent were black.
“I simply purchased my car, which means this lbs does not consider into the me,” she said. “I pay all my personal bills, We live conveniently, instead monetary stress. Things are really good.
“They prey on brand new weakened as well as the desperate, the fresh new vulnerable, ”she told you. “It was emotionally draining, a hushed race I fought.”
Nearly 20 claims features passed laws so you can curb payday credit. The newest is actually Their state, and this capped annualized interest rates on pay day loan in the thirty-six% last year and you can desired borrowers so you’re able to prepay as opposed to punishment. Before rules altered, a borrower which got out a beneficial $ 3 hundred financing for a couple of months might have paid down $ 210 into the finance costs; now that payment was $ 74, predicated on a diagnosis by the Pew Charitable Trusts, good nonprofit providers.
However, Lauren Saunders, member director of the Federal Individual Law Cardio, good nonprofit one to advocates on behalf of customers, told you studies have shown consumers found better choice whenever claims hold straight back pay day lenders
Pay day lenders argue that restrictions during these money instance imposing interest caps or downright banning her or him wind up damaging consumers as they cause problems such as for instance lender overdraft fees whenever checks bounce as well as bankruptcy proceeding.
While stimulus monitors and you may bodies tax credits within the Covid-19 pandemic aided individuals beat their reliance upon cash advance, these apps are now actually stop.
“Payday loans are picking up once again,” Saunders told you. “Sadly, it is as well simple to benefit from people who cannot earn an income.”
“We understand why these finance could be extremely destroying, and then we have significant and significant issues about the firm models in which consumers are ready up to falter,” said Zixta Martinez, their deputy director. “The latest CFPB was vigilant and can get it done where we select abuse. “
Payday loan fundamentally last two weeks otherwise shorter and can end up being made for as little as $ one hundred or more so you’re able to $ step 1,100000. While you are such money are often touted just like the enabling consumers handle periodic monetaray hardship, customers tend to sign up for the payday loan to repay old of these, the research suggests. An excellent 2009 analysis because of the nonprofit Center to own In charge Lending discover one 76% of those funds see members who need fresh funds to help you repay a preexisting payday loan.


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After 160 years of ‘Nil Bidroho’, the iconic peasant movement over cultivation of one of the original sources of blue dye--Indigo, many growers in Rangpur are now making a fortune by planting that very plant.
According to the Department of Agriculture Extension (DAE), about 3,000 acres of land in the northern district are currently under indigo cultivation.
About 2,000 farmers in Rajendrapur and Paglapir of Rangpur Sadar upazila are involved in the process.
People who are engaged in other jobs are also planting indigo seeds to generate some extra income.
“We collect the seeds from Living Blue, a local indigo leaf processing factory, and sow them by the roads,” Dinesh Chandra Roy, a farmer of Goalpara village in Sadar upazila, told this paper on August 29.
“The cultivation starts at the end of February while harvesting starts at the end of July and continues for three months,” said Dinesh, who so far has earned Tk 3,000 by selling the leaves.
Living Blue, which was set up in 2008 in Rajendrapur, buys indigo leaves from the farmers at Tk 3 per kilogram, said Husne Mubarak Bappy, assistant production manager of the factory.
“The annual production target is 1,000 kilogram blue dye,” he said.
Subhash Chandra Barman, a farmer of Rajendrapur, has been planting indigo seeds since 2008 on his 50 decimals of land.
“There are many advantages of indigo plantation. It requires less irrigation, pesticides and manpower. This helps growers to reduce production cost.
“A farmer can harvest leaves at least thrice and earn Tk 20,000 to Tk 22,000 in a season,” Subhash said, adding, “Besides, the dried plants can be used as fuel.”
After meeting the local demand, the indigo dye produced in Rangpur are now being exported to different countries including America, France, Germany, India, Singapore, Canada and Japan, according to Mubarak.
“Each kilogram of pure indigo dye is sold at Tk 4,000,” he said.
Dr Mohammad Sarwarul Haque, deputy director of Rangpur DAE, said, “Indigo farming is more convenient compared to other crops so more farmers are going for it.”
Indigo processing regained popularity among farmers in Rangpur region over the last 15 years.
According to Banglapedia, indigo production and export was a booming business in Bengal province in the early 19th century. But it depressed in the 1840s and ‘50s and as a result, the profit from indigo production turned uneconomic at the raiyat or peasant level.
Hence the peasants refused to grow indigo but the planters, who had already invested huge capital and were not able to withdraw quickly, put pressure on the peasants to continue production.
The consequent conflict between the peasants and the planters led to open resistance from peasants which is called the ‘Indigo Revolt’ or ‘Nil Vidroha’. It arose in Jashore and Nadia district in the Indian state of West Bengal in 1859 and quickly spread to other districts.
It continued till 1862 when government interfered in favour of the peasants.

domain: news


text:
Can french fries be objects of art? That's debatable, but they sure can be objects of lawsuits!
Here's what happened when a gallery lost a pair of french fries that "were the basis of an artwork":
The artwork comprised a cross made of two golden chips, alongside two normal fries, deep-fried and not gold-leafed.
The catalogue for the original 1990 exhibition “Pommes d’Or,” described the work of artist Stefan Bohnenberger as “the metamorphosis of a profane everyday object into a sacred artwork.”
But the gallery’s reverence for the chips declined in the intervening decades, because when Bohnenberger asked for the two normal fries back last year, the Munich gallery Mosel and Tschechow could no longer find them. An incensed Bohnenberger promptly demanded damages, which the gallery refused to pay.
According to a report in news magazine Der Spiegel the court ruled that the gallery must now hand Bohnenberger €2,000 plus five percent interest from May 2010. On top of that, the gallery is being forced to pay 90 percent of the court fees.
The judge found that the gallery had neglected its duty to keep the chips safe.


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It has just been brought to our attention that a recent article in the Palm Beach Post included an incorrect date for the Cookie Tour. They will be printing a correction, but if you are in the process of making your plans for the Tour now, please note that the correct date for this year’s Tour is Saturday, DECEMBER 12TH, and the time is from noon to 5pm. You’ll also want to note that the holiday offerings of our Historic District will be greatly enhanced by a new happening: Dickens on Centre. With a nod to our Victorian origins, you’ll find carolers, characters, and Claus greeting you all week long. Make your plans now and buy your tickets soon. See you on the Tour!
November 18th, 2015 by aibba


text:
There is a lot of noise on Blockchain these days. Back in May, 2015 The Economist wrote a whole special on Bockchain and it said, “The “blockchain” technology that underpins bitcoin, a sort of peer-to-peer system of running a currency, is presented as a piece of innovation on a par with the introduction of limited liability for corporations, or private property rights, or the internet itself”. It all started after the 2008 financial crisis, when a seminal paper written by Satoshi Nakamoto on Halloween day (Oct 31, 2008) caught the attention of many (the real identity of the author is still unknown). The name of the paper was “Bitcoin: A peer to peer electronic cash system”. Thus began a cash-less, bank-less world of money exchange over the internet using blockchain technology. Bitcoin’s value has exceeded $6000 and market cap is over $100B. VC’s are rushing to invest in cryptocurrency like never before.
The September 1, 2017 issue of Fortune magazine’s cover page screamed “Blockhain Mania”. The article said, “A blockchain is a kind of ledger, a table that businesses use to track credits and debits. But it’s not just any run-of-the-mill financial database. One of blockchain’s distinguishing features is that it concatenates (or “chains”) cryptographically verified transactions into sequences of lists (or “blocks”). The system uses complex mathematical functions to arrive at a definitive record of who owns what, when. Properly applied, a blockchain can help assure data integrity, maintain auditable records, and contracts into programmable software. It’s a ledger, but on the bleeding edge”.
So welcome to the new phase of network computing where we switch from “transfer of information” to “transfer of values”. Just as TCP/IP became the fundamental protocol for communication and helped create today’s internet with the first killer app Email (SMTP), blockchain will enable exchange of assets (the first app being Bitcoin for money). So get used to new terms like cryptocurrency, DLS (distributed ledger stack), nonce, ethereum, smart contracts, pseudo anonymity, etc. The “information internet” becomes the “value internet”. Patrick Byrne, CEO of Overstock said, “Over the next decade, what the internet did to communications, blockchain is going to do to about 150 industries”. In a recent article in Harvard Business Review, authors Joi Ito, Neha Narula, and Robleh Ali said, “The blockchain will do to the financial system what the internet did to media”.
The key elements of blockchain are the following:
- Distributed Database – each party on a blockchain has access to entire DB and its complete history. No single party controls the data or the info. Each party can verify records without an intermediary.
- Peer-to-Peer Transmission (P2P) – communication directly between peers instead of thru a central node.
- Transparency with Pseudonymity – each transaction and associated value are visible to anyone with access to system. Each node/user has a unique 30-plus-character alphanumeric address. Users can choose to be anonymous or provide proof of identity. Transactions occur between blockchain addresses.
- Irreversibility of records – once a transaction is entered in the DB, they can not be altered, because they are linked to every xaction record before them (hence the term ‘chain’).
- Computational Logic – blockchain transactions can be tied to computational logic and in essence programmed.
The heart of the system is a distributed database that is write-once, read-many with a copy replicated at each node. It is transaction processing in a highly distributed network with guaranteed data integrity, security, and trust. Blockchain also provides automated, secure coordination system with remuneration and tracking. Even if it started with “money transfer” via Bitcoin, the underpinnings can be applied to any assets. The need for a central coordinating agency such as bank becomes unnecessary. Assets such as mortgages, bonds, stocks, loans, home titles, auto registries, birth and death certificates, passport, visa, etc. can all be exchanged without intermediaries. The Feb, 2017 HBR article said, “Blockchain is a foundational technology (not disruptive). It has the potential to create new foundations for our economic & social systems.”
We did not get into the depth of the technology here, but plenty of literature is available for you to read. Major vendors such as IBM, Microsoft, Oracle, HPE are offering blockchain as an infrastructure service for enterprise asset management.


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Aarti Mehta-Kroll investigates Berlin’s new aquaponic “container farm” concept…
I have a friend who only buys fresh produce when it is in season. When green beans are in season she’ll buy them by the kilo and use them in soups, salads, casseroles and every other dish imaginable.
At any other time of year she’ll steer clear of the beans grown and brought over from places like Kenya and Israel. “Imagine what they must do to keep these products fresh on the long journey here. I’d rather wait until they are harvested in Germany.”
Many restaurants in Berlin and elsewhere have started to recognise and respect people’s desire to eat meals made from ingredients grown on farms close to the city – and indeed many farms have been happy to accommodate the growing trend. Yet one company has recently gone one step further by creating a farm right in the city – nope, not the well-known Prinzessinnengarten, but ECF Farmingsystems, who have taken up residency in a brewery in Tempelhof-Schoeneberg.
The space in question belongs to the Malzfabrik, a former Schultheiss brewery that stopped producing beer in 1996. It was bought by Real Future AG, who have refashioned the sprawling, red-brick factory into a space for events, artists and entrepreneurs like ECF Farmingsystems, who have harnessed the age old practice of aquaponics to make large-scale, year round-food production in cities like Berlin a reality.
Aquaponics has been used around the world in different forms for centuries, but its employment in commercial farming enterprises is relatively recent. In this system, fish and plants are paired together in a symbiotic relationship with each helping the other grow.
Fish swimming in tanks excrete waste that is rich in nitrates that serves as a food source for plants growing on top of the tank which absorb the nitrates and carbon dioxide in the water, thereby creating a liveable environment for the fish. With the right technology, these systems have the potential to produce a substantial amount of food, and many see this as an opportunity to reduce transportation costs and localize food production in urban centers.I met two of ECF’s founders, the friendly and surprisingly youthful Nicolas Leschke and Christian Echternacht, when I stopped by at their company headquarters (the third is Karoline vom Böckel, pictured). Nicolas, dressed in jeans and a tee, was walking his dog while Christian – kitted out in workmanlike overalls – was putting together one of the company’s Container Farms. They told me how ECF, like many entrepreneurial endeavours, came about as a result of a series of serendipitous events.
Nicolas was managing Malzfabrik for Real AG when Managing Director Frank Sippel came to him with a proposition. Sippel had learned about a Swiss company called Urban Farmers that had created an aquaponic farm using an old shipping container.
He wanted to bring this to Malzfabrik. The container farm, known as Rostlaube (which translates as “rust bucket”, with “laub” also meaning “leaves” or “foliage”) was installed in June 2011 and quickly received press coverage – which brought it to the attention of Dr. Werner Kloas and his team at the Leibniz-Institute of Freshwater Ecology and Inland Fisheries.
“He told me that due to the difference in water and nutrient levels required by fish and plants, classic aquaponics cannot be used on a commercial scale,” said Nicolas. Fortunately, Dr. Kloas had a way around this problem: a patented system called ASTAF pro that is specifically designed to integrate classic aquaculture with classic hydroponics.
In this system, biofilters capture the nitrates excreted by the fish converting them into fertilizer. This regulates the nutrient level in the water which can then be reused by plants. Soon after meeting Dr. Kloas, Nicolas, in partnership with Christian, joined hands with the Leibniz Institute to create and sell commercially viable aquaponic systems.
ECF currently has two products on the market: Container Farms and City Farms. Their Container Farms, fitted with the ASTAF pro system, can yield 100kg of fish and 300kg of vegetables during one growing season (April or May till the beginning of October).
They can easily be set up almost anywhere, like in a parking lot or on a rooftop, and Nicolas describes the container farms as a “lifestyle product…ideal for restaurants or schools as it could serve an educational or marketing function.”
Members of the public are welcome to visit and explore the Malzfabrik Container Farm. In fact, up to two hundred people have the opportunity to adopt a fish – one of the perches that live in the tank – until the end-of-season grill party, when sponsors will gather together at Malzfabrik to enjoy the season’s harvest.
In March 2014 the group received a seven figure sum in financing. This sum plus investments from a couple of investors is helping to construct the city’s first proper aquaponic farm (which will also be the largest in Europe) and for ECF to move on to the next level of growth. This farm would be in operation throughout the year and could yield 25 tons of fish and 35 tons of vegetables annually. From the beginning of 2015 ECF will be supplying restaurants directly with fresh fish and vegetables and Berliners will be able to visit and stock up on some of the most local, sustainable produce in the city.
To stay abreast of visiting hours and special events, subscribe to the ECF company newsletter.


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Ubisoft has made clear that neither the Nintendo Wii U or the Nintendo 3DS will be part of their presentation this year at E3. Responding to a question on which platforms will be showing up, a Ubisoft representative let it be known that they will not be showing off any games on any Nintendo platform.
That’s not to say that Ubisoft has given up on Nintendo hardware. Ubisoft continues to develop AAA games for multiple platforms – Watch Dogs will be delivered to Wii U as well as Xbox One, Xbox 360, PlayStation 4, PlayStation 3, and the PC.
*Watch Dogs is, on the other hand, delayed several months after the May 27th release of the title for all other platforms.
See our article Wii U ZombieU so unprofitable Ubisoft puts Nintendo on notice.
Back near the end of 2013, Ubisoft made clear that they’d be reevaluating their commitment to Nintendo hardware as they’d seen less-than-ideal sales on games in recent years. Ubisoft leaving Nintendo hardware entirely would strike a significant blow to Nintendo’s platforms if they ever did part ways – the fewer big-name developers stick with Nintendo, the smaller the chance is that they’ll stick around themselves.


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Fourteen companies have joined forced to promote the Blu-ray Disc format through a new industry association launched here.
Fox became the newest member of the Blu-ray Disc Association’s board of directors on Monday (Oct. 4). "The penetration of HD recorders is heavily dependent on HDTV popularization," said Kiyoshi Nishitani, Sony’s senior vice president. "We expect that 2005 or 2006 will mark the full-scale take off for Blu-ray Disc systems."
Blu-rau takes in 73% of European HD sales
Specs Finalized For Ultra HD Blu-ray, Licensing Begins Summer 2015
$45 million investment opens the gate to HD DRM for Macrovision
Blu-ray Discs Can Fit 128GB in New BDXL Format


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Google's Nexus 5 Gets Early Reveal
September 4, 2013 2:04 PM
comment(s) - last by
Google video (accidentally?) outs upcoming device
Google Inc. (
pulled a video
it had posted to YouTube of
the KitKat launch
, where it was installing the new KitKat-shaped Android statue on the lawn of it campus in Mountain View, Calif.
Employees are seen in the video taking pictures -- which seems like a recipe for leaks given Google's policy of "dogfooding" its upcoming Android products to its employees. Sure enough, about 38 seconds in -- shows a mystery device emblazened with Nexus and LG Electronics, Inc. (
) logos. The device is believed to be the upcoming/rumored Nexus 5, which Google has reportedly handed to a few lucky team members for testing.
Copies of the video (see below) have since landed on Vimeo and other hosting sites.
It appears that the device a slightly larger screen that the 4.7-inch Nexus 4 (also manufactured by LG Electronics), which launched last November, making a 5-inch display seem probable. The device has a slightly larger camera glass inset and has no back buttons (contradicting one rumor).
Is this the Nexus 5? [Image Source: The Verge]
The device is rumored to have a hologram, so that landscape logo may "rotate" visually to be in portrait mode... when in portrait mode. The phone appears to have the same matte finish as
the new Nexus 7 tablet
The new Nexus (5?) device could be
the LG Megalodon device
, which was rumored in leaks earlier this year.
So far Google's Nexus line has included the
(March 2010) by HTC Corp. (
(Dec. 2010) by Samsung Electronics Comp., Ltd. (
(Nov. 2011) (also Samsung), and the aforementioned Nexus 4 (Nov. 2012).
The device's appearance makes sense timing-wise as Google has launched a new Nexus device every holiday season since 2010. Google also has timed some of these launches to coincide with operating system releases.
Don't expect the Nexus 5 to land immediately. First, Google's subsidiary Motorola Mobility just launched
its new flagship Moto X
device. Second, past launches in the holiday window have typically come in November or December (the last two were both in November).
Google via Vimeo
This article is over a month old, voting and posting comments is disabled
9/6/2013 12:48:52 PM
I think they name it by weight as a percentage of a stone.
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April 23, 2014, 4:39 PM
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Posted by Brand Safety Institute • Aug 10, 2022 5:00:00 AM
Three organizations have released guidelines for the advertising industry in support of diverse media suppliers. The collaboration between the 4A’s, the ANA, the AIMM follows the May 2022 release of similar guidelines in support of media buyers.
According to a release from the 4A’s, the guidelines are intended to, “help buyers (agencies and marketers) and diverse media suppliers improve their ways of working together.” The suppliers’ guidelines echo the May guidelines for buyers in the methodology used for their formulation. The organizations, “with input from our respective members, drafted the initial guidelines,” reads the 4A’s release. “We then reached out to diverse suppliers for input and improvement.”
Among the 16 recommendations in the guidelines are:
The August 2022 guidelines for diverse media suppliers can be found here.
The May 2022 guidelines for buyers (agencies and marketers) can be found here.
The three organizations added that the guidelines are intended to apply across the entire industry. “While this guidance has been developed with diverse media suppliers specifically in mind, much of it is also relevant for diverse suppliers in marketing/advertising overall.”
Rachel Nyswander Thomas, COO of the Trustworthy Accountability Group and Chairwoman of the BSI Advisory Board said, “Companies can’t fully live their brand safety values without ensuring diversity, equity, and inclusion throughout their entire supply chains. I’m delighted that companies serious about doing just that now have a roadmap to guide their bold steps in the right direction.”
That need for companies to evolve their markets is a point the guidelines support with U.S. Census Bureau data. “Supplier diversity simply follows the consumer…The multicultural population increased from 36.3 percent in 2010 to 42.2 percent in 2020 and will be the majority in the not-too-distant future.”
BSO-in-Residence Louis Jones echoed the need for marketers to look ahead. “If you believe that consumer connectivity is the lifeblood of your brand relevancy—and your business—then you must start investing in your future with an increasing commitment to diverse media. Your future consumers are paying attention.”
For these and other guidelines and frameworks that can help you address brand safety issues, check out the Best Practice Guides page in the BSI’s Resource Library.


text:
Cryptocurrencies have become one of the star investment assets of the moment, despite their lack of regulation and the sharp falls they have accumulated since the highs recorded in November of last year. The rise of the retail investor as a result of the pandemic and the boost of social networks has favored investment in this type of asset and the appearance of a battalion of new financial beach bars that lack authorization to provide investment services in Spain.
Digital assets have become the most offered investment product so far this year by financial beach bars in Spain, according to the list of “entities warned” by the market supervisor, the CNMV, which includes all the firms without permission to provide investment services. Of the 281 firms included in the list of the regulator chaired by Rodrigo Buenaventura so far this year, 113 have among their activities the commercialization of crypto assets, 40% of the total. And 73 of them have them as a central product.
The second most popular product offered by these platforms is the foreign exchange market (forex), followed by platforms that offer derivatives such as contracts for differences (CFDs).
In recent years, the CNMV has intensified its fight against financial bars and has increased its warnings about the risks of crypto assets. In fact, just a week ago he warned about the holding of a cryptocurrency macro-event in Madrid, Mundo Crypto, which had several financial beach bars among its organizers.
Some warnings that began in 2018 when, together with the Bank of Spain, he warned of the extreme volatility, complexity and lack of transparency that make this type of asset a high-risk bet. In March of this year, the European supervisory authorities –EBA, ESMA and Eiopa– warned consumers about the “very risky and speculative” nature of digital assets, which they assured, “are not suitable as an investment nor as a means of payment or exchange for most retail consumers”.
Sources from the regulator have indicated to this newspaper that the high turnover of cryptocurrencies on the list probably responds to the popularity they have gained in recent years. However, they emphasize that the entity does not currently have detailed official figures on the type of products offered by the entities.
Among the entities that the regulator has warned about so far this year, there are some that offer potential revaluations of up to 60% in 24 hours. This is the case of Trust-Finance Limited, a firm that offers “professional brokerage advice” to invest with bitcoin through investment plans ranging from $15 to $500,000. On its website, it acknowledges that profits are not guaranteed and that it will not assume any responsibility for losses, and that by contracting with them, the client waives legal action or request refunds from the company or any of its members. In fact, they emphasize that “they are not an authorized bank or a securities company”, that their services qualify as “private transactions” exempt from any regulation or insurance, and that the commissions can change at any time without prior warning.
Most of the financial bars included in the supervisor’s list offer more than one product. For example, they give the possibility of investing in cryptocurrencies, along with other high-voltage vehicles such as forex, CFDs and commodities. Many of them also present themselves as low-cost or free investment platforms or even mimic well-known investment brands, causing investor confusion.
The most opaque services usually have exotic web addresses, which do not end in the classic .com domain but, for example, in “.io”. The national police has already warned that these types of domains can be used to detect possible scams, since they are also used for computer fraud, phishing. It is true that many of the web pages warned by the CNMV cease to be operational after the warning is issued, since their owners create similar addresses to continue offering their services.
The most striking examples
bots. It is an application that claims to have up to 300 bots –automated accounts– that operate “better than real people” and that claims to offer monthly returns of up to 49% of the investment. However, most of its users in the Google and Apple app stores give it the lowest rating, arguing that the promised earnings are never achieved, that you often end up losing money and that the withdrawal fees are very high.
MagicDAO. It is an organization that seeks to raise money through tokens or NFTs to buy Cádiz FC and “give it back to the fans”. According to their social media accounts, they have met with investors to make the project possible.
Tradeblox. It is a presumed artificial intelligence company that has “educated” its neural networks with historical market information to anticipate stock market movements. It promises 100% profit in 96 hours with a deposit of $30,000.
#financial #bars #warned #CNMV #year #offer #cryptos


text:
Kudos to a recent Washington Post
about the burgeoning federal
(SNAP) and its impact on struggling Woonsocket, R.I. Because of the 2008-09 recession and new eligibility rules, SNAP enrollment has expanded to 47 million people, including a third of Woonsocket’s 40,000 residents. SNAP’s total cost in 2012 was $78 billion, triple the 2003 level. I read the vivid story with mixed feelings: pride in a generous nation that spends such sums to fight hunger; shame that economic conditions make it necessary to do so; and worry about the long-term consequences of dependency on SNAP. What really caught my attention, though, were the photographs that showed what some SNAP recipients bought with their government-funded debit cards:
Puffs, a one-ounce handful of which
10 grams of fat; a box containing two dozen 12-ounce cans of
soda, each of which
44 grams of sugar; a carton of six-ounce
drink pouches, each of which
16 grams of sugar. In short, this immense nutrition program pays for a lot of stuff that is the opposite of nutritious. I don’t blame the consumers, in the sense that their choices are entirely permissible under SNAP’s rules. As the Agriculture Department
, federal law “defines eligible food as any food or food product for home consumption” and excludes only “alcoholic beverages, tobacco products, hot food and any food sold for on-premises consumption,” as well as “pet foods, soaps, paper products, medicines and vitamins, household supplies, grooming items, and cosmetics.” “Soft drinks, candy, cookies, snack crackers, and ice cream are food items and are therefore eligible items,” the USDA notes. I blame Congress for not updating SNAP to reflect nutritional common sense — and the terrible epidemics of obesity, hypertension and diabetes, which disproportionately affect low-income Americans but increase the entire country’s health-care bill. The
, a D.C.-based nonprofit, has proposed limiting SNAP purchases to whole grains; fresh, frozen or low-sodium canned vegetables; beans; and fruits. This meal plan would supply 65 percent less fat than the average American diet and twice the fiber, according to the committee. No doubt such limitations would entail a change in habits for many SNAP recipients — perhaps too much change. Fish and poultry, as well as lean red meat, should probably be included. But even if SNAP paid only for healthy stuff, recipients would still be free to use their own cash for other products. The point is to increase the amount of real nutrition per taxpayer dollar. The counterargument is that it’s not fair to restrict poor people’s grocery choices. You hear this a lot from the food and beverage industry, for which SNAP has grown into a significant subsidy. Sorry, I don’t get it — morally or pragmatically. Of course the federal government should be able to leverage its purchasing power for socially beneficial purposes. If you take Uncle Sam’s help, you play by his rules. I repeat: This is a nutrition program, or so the taxpayers who fund it are told. It should nourish. Probably the most cynical argument against banning junk food from SNAP is that it would “stigmatize” the poor by making them conspicuous at the grocery store. Since when is it humiliating to take only healthful food through a checkout line? And why should this theoretical threat to psychological health outweigh more plausible threats to physical health? The article suggests that it’s already no big secret who’s on SNAP in places such as Woonsocket. At the very least, SNAP should bar sodas, a nutritionally empty “food” if ever there were one. Before he tried to ban large sodas at movie theaters, New York Mayor Michael Bloomberg asked the USDA to authorize a two-year no-soda experiment in his city’s SNAP program. The department
, echoing food-industry claims that the one-city test would be “too large and complex.” What a threadbare excuse. This is the age of data-mining, scanners, bar codes and debit cards. If SNAP can weed out beer, it can weed out Coke.
(WIC) program limits purchases to a finite list of healthful foods, without unmanageable hassles. The USDA rejected Bloomberg’s idea in August 2011, while President Obama was in his first term — and first lady
and physical activity. Maybe in a second term the Obamas will persuade Congress and the USDA to get with her program.


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Recent problems with both Toyota and Ford cars that required software fixes, not mechanical ones, have raised important questions over the increasing electronic content of modern vehicles, reports E&T.
Toyota's recent recall of almost half a million Prius and other hybrid cars to fix an issue with their braking system is hugely important to the motor industry. It's partly down to the sheer embarrassment to Toyota - the company that pretty much invented Lean manufacturing. Mostly, though, it's because the issue was not - like Toyota's previous accelerator-related recall - mechanical in nature. It was the software.
And problems like it have now surfaced at other carmakers too: Ford is set to update brake-related software on its 2010 Ford Fusion Hybrid and Mercury Milan Hybrid (although the situation is a 'customer satisfaction programme', says Ford, rather than a fully-fledged recall), and questions have been raised over the safety of the electric power steering systems in 2005-2009 Chevrolet Cobalts.
What these cases highlight is the increasing electronification of the car, says Krishnasami Rajagopalan, a global programme manager at analyst Frost & Sullivan. Legislators and the motor industry alike have automatically assumed that increasing the electronic content of cars is a good thing, he says, pointing to the appearance of safety regulations that will mandate Advanced Driver Assistance Systems (ADAS) such as electronic lane departure warning (LDW) and advanced emergency braking (AEB) technologies.
'Whilst electronics has increased efficiency and passenger comfort, it has also exposed the consumers to higher risk of accidents and manufacturers to painful recalls. It has also caused an inordinate blow to consumer trust,' and could yet lead to a slowdown in the electronification of the automobile, he adds.
Electronics in cars
How did we get to this state? Many people driving today can remember when the radio was just about the only electronic thing in a car, yet now it is hard - in the developed world, at least - to buy a new car that isn't electric-just-about-everything. Even the doors and the seat adjusters are often operated via electric switches, rather than manual handles.
According to many in the business, the era of mechanical innovation is almost over, for mass market car-makers, at least. Innovation is now electronically-driven instead, with analysts predicting that electronics will soon account for 50 to 60 per cent of the value added during car manufacturing.
'The whole story of automotive electronics started in the 1970s, after Motorola invented the microcontroller,' says Denis Griot, senior vice president and EMEA chairman at Freescale Semiconductor.
'What forced semiconductors into cars was California's clean air laws, which later on led to the Federal Clean Air Act,' Griot says. 'The microcontroller provided online monitoring of key parameters such as temperature and pressure, and processed those in real time to reduce emissions. We found it could also improve fuel consumption by improving the combustion yield. Those are still the two key factors for the internal combustion engine.'
He adds that we are now on the third or fourth wave of automotive electronics. 'The second started with passive safety technologies such as airbags and ABS, then it went to active safety - ESP/ESC [electronic stability program/control] is now almost 100 per cent - and it's now moving on to preventative safety, for example collision prevention.'
The use of electronics in the powertrain has greatly increased too. From those primitive microcontrollers, we now have highly sophisticated engine-management systems capable of automatically switching the engine off when the car is at rest for more than a few seconds, then restarting it almost instantly. And with the electrification of the powertrain we not only need electronics to control the motors, but we also need control systems for the battery, the regenerative brakes, and so on.
'Start-stop engine technology will be standard in a few years,' Griot predicts. 'EU regulations will require cars to have smaller engines and full start-stop. Probably 10 per cent of cars by 2015 will have some level of electrification, from a low level to a full hybrid or plug-in EV.
'Today, the average semiconductor content - you have to multiply by two or 2.5 for the total electronic content of a European, US or Japanese car is over $300, that's up from $150 seven to 10 years ago. Chinese cars are typically a generation back, but are over $150. For cars in development, the average platform is already at $400 in the West and Japan, and China is catching up very rapidly.'
'The most sophisticated computational device a person will own is a car,' agrees Drue Freeman, vice president for global automotive sales and marketing at Philips spin-off NXP Semiconductors. 'You could have 20 or 30 microcomputers around the car, you could have GPS, telematics with the equivalent of a PDA and a mobile phone. Even car keys are now highly secure devices, with some manufacturers looking at using them for banking or e-cash.'
This could mean a bright future for individuals and companies able to bring together disciplines such as mechanical, electrical, control and semiconductor engineering, and blend them into the converged systems engineering discipline known as mechatronics. The increasing software element in modern cars could push carmakers to buy in not just chips, but software and systems expertise too - which in turn means semiconductor firms must also acquire car industry expertise.
'Developers will have to engage with companies such as Freescale during the early design phase - we're no longer just software suppliers but co-designers,' says Denis Griot. 'It means we need to understand car simulations and models, do mechanical engineering from mathematical modelling and do heavy joint R&D with car OEMs. We have absolutely been recruiting systems engineering experts, it's a space where Europe can play a real leadership role.'
To achieve more via electronics also means engineers and designers must understand how the car communicates with its driver - and that's not just the visible information it provides via its dashboard, but also the audible and tactile feedback that drivers expect from a machine.
It now remains to be seen whether the recent recalls will lead to stricter testing and regulation. The future design and deployment of these systems is at stake, as are price increases for consumers and potential liability issues for suppliers.
'The recalls will have repercussions not only for vehicle manufacturers but also for electronic system suppliers and regulators who have been slow to act on consumer complaints,' predicts Rajagopalan. 'Until this problem is sorted out, consumers are likely to sit apprehensively in their cars, surrounded by electronics they no longer trust.'


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Airbnb could soon accept Bitcoin and Lightnig. Brian Chesky, the CEO of the renown platform, tweeted: “If Airbnb could launch anything in 2022, what would it be?” After 4,000 replies he saw that the overwhelming top request was bitcoin payments.
One user replied that some countries block international payments, so he relied on bitcoin. Chesky replied: “We are looking into this.” Bitcoin is the first truly international currency, and users don’t need permission or “services” from any institution. Businesses are beginning to see the possibilities this opens up.
This is far from the first sign of bitcoin adoption by Airbnb. Coinbase CEO Brian Armstrong used to be a product technical manager for Airbnb and the two are still connected. Additionally, their prospectus says
“Our future success will also depend on our ability to adapt to emerging technologies such as tokenization, cryptocurrencies…”
Back in September of last year, Chesky told Fox Business that they get a lot of requests for bitcoin payments and have for years. It seems the pressure is about to pay off. Last November he said “We are definitely looking into it. Absolutely. Like the revolution in travel, there is clearly a revolution happening in crypto.”
Those of us who are into decentralized systems and a world free of corporate megacorporations might not care about the likes of Airbnb. We can see a better world where people can deal directly with each other. But each time another big corporation adopts bitcoin it becomes a little more difficult for governments and their controllers to ban it.
Bitcoin and Lightning are already used in the travel industry
On the other hand, Airbnb disrupted the hotel industry once, could it do so twice. Just as eBay would attain first-mover advantage from bitcoin adoption, Airbnb could write history now.
It may be no coincidence that this reaction to customer demand corresponds with a rise in competition from bitcoin and lightning friendly alternatives like Travala.com, which provides a holiday rental service, flight and expericence all payable with bitcoin and lightning. Travala.com’s vision is to align travel booking with the ethos of decentralised technology. That being, promote accessibility to anyone, anywhere, offer censorship-resistant and peer-to-peer transactions, and build open-source technology controlled by software and governed by users.
As the adoption curve steepens and more and more people are introduced to bitcoin, even the giant corporates will become aware of the advantages of decentralization. The future can only benefit from such an enhanced awareness.


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According to a press release dated November 17, 2009, the complaint charges CVS and certain of its officers and directors with violations of the Exchange Act. CVS, since its March 2007 $22 billion acquisition of pharmacy benefits manager Caremark Rx Inc. (“Caremark”), is a fully integrated pharmacy services company and operates in two business segments: pharmacy services and retail pharmacy. The pharmacy services business includes CVS’s pharmacy benefit management business, commonly known as the PBM business, which was acquired in the Caremark acquisition in 2007. The PBM business is the principal component of the pharmacy services business segment.
The complaint alleges that, throughout the Class Period, defendants made numerous positive statements regarding the Company’s financial condition, business and prospects. The complaint further alleges that CVS failed to disclose operating problems in the PBM business, the more than $6 billion in contractual losses for 2010 and the adverse impact this would have on its 2010 financial results. According to the complaint, CVS belatedly disclosed that the Federal Trade Commission (“FTC”) had begun a “nonpublic investigation” in August 2009 into whether CVS’s business practices and service offerings violated antitrust laws. Among the business practices of CVS that the FTC is reportedly investigating is the improper use of pricing and patient data from its retail pharmacy operations to steer its PBM members to CVS stores.
On November 5, 2009, CVS issued a press release announcing the disclosures of the adverse material facts concerning the PBM business and their adverse impact on CVS's financial results for 2010, and the FTC investigation. In response to this press release, the price of CVS common stock fell 20% to close at $28.87.
On March 01, 2010, an order granting the plaintiffs Motion to Appoint Lead Plaintiff and Approving Selection of Law and Liaison Counsel was entered into the Court’s record.
On May 03, 2010, an Amended Complaint / Consolidated Class Action Complaint was filed by the lead plaintiffs against the defendants.
On June 01, 2010, an Amended Complaint / Corrected Consolidated Class Action Complaint was filed by the lead plaintiffs against the defendants.
On June 14, 2012, the Court issued an Order granting defendants' motion to dismiss. The clerk was directed to enter judgment accordingly and close this case.
On May 24, 2013, the United States Court of Appeals For the First Circuit issued a ruling on appeal, vacating the district court's dismissal and remanding for further proceedings.
On December 30, 2013, the Court issued an Order denying the defendants' motion to dismiss.
On August 24, 2015, the parties entered into a Stipulation of Settlement. Preliminary approval was granted on November 9. Final approval was granted on February 29, 2016.


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Some people seemed excited by the prospect of a phone designed specifically for Facebook. But others, in the comments on the article and on social networks and blogs, questioned why Facebook would want to get into the phone business.
Henry Blodget of Business Insider wrote a post that said: “If Facebook really goes into the mobile hardware business, investors should run away screaming.”
Many of the phone’s detractors simply argued that if Facebook were to make a phone, it could never compete with the Apple iPhone.
Yet that’s not the point of a Facebook-centric phone.
Rather, Facebook needs to get into the phone business because it has the opportunity to reach an audience that can’t afford iPhones, Google Android phones, Windows Phones, or, really any good smartphone. Even when they can afford these devices — some of which are subsidized with hefty contracts — the expensive data and voice plans are often out of the reach of a very large segment of society. The cost of a smartphone isn’t just the $250 for the phone but also the $70 or $90 a month over a two-year contract.
A research report issued late last year by Vision Mobile found that while half the people in developed countries had smartphones by the end of 2011, the devices had reached only 20 percent of the developing world.
This is where a Facebook phone could attract a large group of customers. It’s important to note that this market in the developing world is the same market Facebook wants to reach to continue its rapid growth. The hitch: the developing world is skipping the PC phase and going directly to smartphone as computer.
The latest report issued by Gartner Research found that Samsung and Apple sell 49 percent of all smartphones. Although hundreds of millions of smartphones are sold each year, many people still can’t afford one. This enormous group could be the key to a Facebook phone.
“With a Facebook phone, you’re not talking about a high-end user. You are talking mass market. Facebook can penetrate other markets where people are trying to budget their costs,” said Carolina Milanesi, a vice president and analyst for the Gartner Group. “Facebook will have to go beyond the hardware cost and really think about how to make a smartphone for people that will have a much lower data bundle or free voice.”
If it can do this, Ms. Milanesi said, there are hundreds of millions of people who could be drawn to a Facebook phone.
Ms. Milanesi noted that Facebook has grown rapidly because it has focused expansion efforts on other continents, including Asia and Africa. Facebook could put an inexpensive smartphone in the hands of these users, as well as those in developed economies who can’t afford expensive data plans.
Facebook would not be going after Apple or Google in this respect but taking market share from Nokia, which was the leading global phone maker for some time.
If Facebook could make a phone that costs a fraction of the price of current smartphones, then subsidize the data and voice costs through advertising, it would help control a new market of users who still haven’t acquired a smartphone because of initial cost and monthly charges.


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A report sent to U.S. President donald trump that could unleash steep tariffs on imported cars is already sparking backlash…
The purpose of the commerce department report, called a "section 232," is to investigate the effects of imports on national security.
The Trump administration has in the past cited national security to slap import taxes on s steel and aluminum.
(SOUNDBITE) (English) U.S. PRESIDENT DONALD TRUMP SAYING:
"Today, I'm defending America's national security, by placing tariffs on foreign imports of steel and aluminum."
One group representing auto parts suppliers warned that new tariffs would stifle investment in the U.S. At a time when the auto industry is already reeling from declining sales and rising trade barriers.
The U.S. Commerce department said they wouldn't comment on the report, but already the auto industry has released what's expected to be a massive lobbying campaign against it.
The president has 90 days to make a decision on whether he'll act upon its recommendations.
Auto industry officials expect the report will include at least some tariffs on assembled cars and parts or on technologies.
Also vowing to retaliate if their cars are hit with tariffs: the European Union.
(SOUNDBITE) (English) EU COMMISSION SPOKESMAN, MARGARITIS SCHINAS , SAYING:
"Were this report translates into actions detrimental to european exports, the European commission would react in a swift and adequate manner."
A report from the center for automotive research published last week warned that it's worst-case scenario, a tariff of 25 percent, would cost more than 350,000 U.S. Jobs in carmaking and related industries.


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The U.S. brevity grew at a 3.5 per cent annual rate in the July-September quarter, the fastest determine in two years and more than the government had previously estimated. But the growth spell isn’t expected to last.
The gain in the gross domestic product, the economy’s gross output of goods and services, came from added strength in consumer dish out, business investment and the government sector, the Commerce De rtment said Thursday. The control had previously estimated last quarter’s annual growth rate at 3.2 per cent.
Michael Gapen of Barclays utter that the new report ” ints a picture of a healthy consumer, likely fuelled by evolving gains in employment, modest increases in wages, and solid balance strata.”
The economy’s acceleration last quarter marked a sharp pickup from the cool annual growth of 0.8 per cent in the first quarter and 1.4 per cent in the shift. Still, growth is expected to slow to a roughly 1.5 per cent annual count in the October-December quarter, reflecting in rt less consumer spending and youthful business stockpiling.
Growth for the entire year, economists say, is likely to be enveloping 1.5 per cent. That would be down from 2.6 per cent in 2015 and make be the weakest performance since the economy shrank 2.8 per cent in 2009 at the regions of the worst economic downturn since the 1930s. The recovery began in mid-2009, but advancement has averaged just over 2 per cent, the weakest ex nsion in the post-World War II age.
President-elect Donald Trump had criticized the sluggish ce of growth during the race and said his economic policies would accelerate annual GDP growth to 4 per cent or advance. To do that, Trump said he would eliminate many government modulations, boost spending on the nation’s aging infrastructure and slash taxes.
Uncountable economists don’t think 4 per cent growth is realistic, given a chronic slowdown in blue-collar worker productivity and a slower-growing U.S. workforce due in rt to retiring baby boomers.
Uncountable forecasters expect growth of around 2.5 per cent next year, even though they say those estimates could rise if Trump wins congressional stand by for much of his economic program. Stock markets have risen acerbically since Trump’s election, rtly a reflection of optimism that his plans would boost growth and corporate profits.
Thursday’s report was the domination’s third and final estimate of GDP growth for the July-September quarter. The upward overhaul mainly reflected stronger consumer spending, which grew at a 3 per cent annual dress down, more than the 2.8 per cent ce that was estimated a month ago. Consumer dish out is closely watched because it accounts for about 70 per cent of monetary activity.
The government also revised up its estimate for business investment: It let someone in oned an increase at a 1.4 per cent annual rate, up from a much smaller 0.1 per cent amount in the previous estimate.
Government spending was also revised up to show spread at a 0.8 per cent annual rate, an increase that reflected a tinier drag from cutbacks at the state and local level.
The Federal Conserve last week boosted a key interest rate by a quarter-point, just the bat of an eye increase in the st decade. Fed officials say they think they can go into to gradually interest rates as they near their goals for extensive employment, and inflation increases by about 2 per cent a year.
In public footnotes last week, Chair Janet Yellen made no predictions close to Trump’s economic program. But Fed officials forecast that they ss on raise rates three times in 2017, up from their sometime forecast of two hikes.


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(Corrects to add dropped word in first paragraph)
TAIPEI (Reuters) - Taiwan's government believes there is "enormous" room for cooperation with the European Union on semiconductors, responding to plans from the bloc to boost its chip industry and cut its dependence on U.S. and Asian supplies.
The EU's plan mentions Taiwan, home to the world's largest contract chipmaker TSMC and other leading semiconductor companies, as one of the "like-minded partners" Europe would like to work with.
The plan, unveiled on Tuesday, calls for the European Commission to ease funding rules for innovative semiconductor plants, a move that comes as a global chip shortage and supply chain bottlenecks have created havoc for many industries.
Taiwan's Foreign Ministry said in a statement it was pleased to see the strong momentum in bilateral trade and investment between Taiwan and the EU, and welcomed the EU attaching so much importance to the island.
It is convinced that "in the post-pandemic era, Taiwan and the EU have enormous room for cooperation in the restructuring of global supply chains such as semiconductors, industrial recovery, and strengthening of democratic resilience".
Taiwan will build on its friendly relations with the EU to deepen their partnership, the ministry added.
TSMC, which said last month it was still in the very early stages of assessing a potential fab in Europe, declined to comment on the European chip legislation. TSMC is spending $12 billion on chip factories in the United States.
In one wrinkle for EU ambitions, Taiwan's GlobalWafers Co Ltd failed this month in a 4.35 billion euro ($5 billion) takeover attempt of German chip supplier Siltronic.
Neither the EU nor its member states have formal diplomatic relations with Chinese-claimed Taiwan, but the bloc has been keen to show its support for the island, especially as China-EU ties sour over trade and human rights disputes.
($1 = 0.8752 euros)
(Reporting by Ben Blanchard; Editing by Edwina Gibbs)


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The modern olive-oil industry in Israel is fairly young, but producers are seeing brilliant results and rising recognition
As more people around the world reach for a bottle of extra-virgin olive oil for dressing salads, frying, baking and even drinking, a revived ancient industry in Israel is getting attention in global markets and competitions.
Interest in Israeli olive oil mirrors the burgeoning Israeli wine scene, but it’s a newer phenomenon, says Hilla Wenkert, an international olive-oil judge and owner of Olia, a concept store in Tel Aviv stocked with oils made of Leccino, Coratina, Koroneiki, Souri and other varieties grown in Israel.
“People started to be more aware of their well-being and the health benefits of olive oil. It started as a trend, and now it’s part of daily life,” Wenkert tells ISRAEL21c.
In the past few years, Israeli land devoted to modern olive groves has increased to some 330,000 dunams (81,000 acres) from a mere 2,000 dunams. Every year, between 15,000 and 16,000 tons of extra-virgin olive oil (EVOO) is produced. Only about 1,000 tons get exported – a tiny stream compared to Spanish and Italian oil.
However, at the recent Summer Fancy Food Show in New York, distributors showed much interest in Israeli olive oil, says Wenkert.
“The world is full of Italian, Spanish, Greek, Turkish, Moroccan and Tunisian olive oil, but most of it is lower quality because many people cannot afford the good stuff,” she says.
Israeli EVOO rates as the “good stuff” for which discriminating consumers are willing to pay more. Israel’s growers and oil producers work with agricultural researchers on methods to yield premium unrefined extra virgin. “Virgin” means it comes from the first pressing, while “extra” signifies low acidity, both critical factors in a high-quality oil.
“Virgin oil is a fresh fruit juice, while refined is an industrial product,” says Zohar Kerem, a food chemist specializing in olives at the Hebrew University’s Institute of Biochemistry, Food Science and Nutrition. Though refined oil is cheaper, flavor and health benefits are lost in the process, he tells ISRAEL21c.
‘From the tree to the stone’
Argentinean émigré Moshe Spak decided it’s high time Israeli olive oil got its due.
“Everyone knows about Israeli expertise in other areas, but not about olive-oil quality,” says Spak, founder and director of the Terra Olivo Mediterranean International Extra Virgin Olive Oil Competition in Israel, founded four years ago.
The 2013 contest, judged by an international panel of 25 expert tasters, drew 489 entries from 21 countries. The overall Israeli champion was a Picholine variety from Meshek Achiya.
Several factors account for the exceptional profile of Israeli olive oil, Kerem explains.
First, most Israeli olives are irrigated with salty (brackish) and purified wastewater. This adds natural fertilizers to the soil and does not compromise the fruit’s quality.
Second, harvesting is completed within the ideal window of October to December. In many other countries, the process goes on through March, when olives are past their prime.
Israeli growers do not store the fruit for long before extracting the oil, abiding by an old Arab aphorism in the industry: “From the tree to the stone.”
“That means when you want to make good olive oil, the sooner you get the detached olives to the mill the better the oil you will get,” says Kerem.
Finally, whereas in most other olive-oil-producing countries only regional native strains are grown, Israel’s farmers learned how to make cultivars from other Mediterranean countries flourish here. Differences between varieties can be vast.
“If you want to be a gourmet, you have one olive oil for salad, one for baking, one for frying and one for cooking,” Kerem says. Scientists from the Ministry of Agriculture’s Volcani Center work on issues such as optimizing the date of harvest to get the specific properties that Kerem’s team is seeking.
Boutique olive farms
Both wine and olive oil were produced in the Middle East thousands of years ago and continued on a small scale to the present day. Israelis have propelled these industries into the modern age with cutting-edge research and technology.
Reuven Birger, the Israel Ministry of Agriculture’s chief specialist for olives and almonds, tells ISRAEL21c that the invention of drip irrigation enabled Israeli farmers to begin planting dense olive groves in the early 1990s. These groves now account for at least 10,000 tons of Israel’s annual supply of olive oil.
“If we depend on rain, each tree needs a lot of area to thrive. More densely planted trees have greater yields,” Birger says.
It takes approximately 1,000 olives to make a liter of oil.
Birger says Israel has several large producers, about 150 boutique producers and at least 100 small farms that sell their olives directly to producer-retailers such as Olia and Pereg. Some of the boutique oils have been picking up prestigious medals at Terra Olivo and at international competitions in Japan and Argentina.
“We have our own specific taste in Israel,” says Wenkert, who likes experimenting with blends. “Compared to, let’s say, Greek or Italian oils that are smooth and fruity and quite aromatic, ours are more pungent and a little more aggressive. I think it’s because of the water, the soil and the specific climate here.”
During harvest time, Wenkert travels around looking for new varieties. Olia’s “library” includes a new mild organic oil for babies and toddlers, as well as a line produced from olives grown by Israeli singing star Yuval Banai, who several years ago began his own farm in the countryside.
Like Banai, Israeli city-dwellers sometimes move north or south to try their hand at agriculture, says Wenkert. Olives are a good choice for first-time farmers because professional expertise is readily available to them.
“People here really have something emotional toward olive trees,” Wenkert observes. “It’s part of their tradition. Even on Tel Aviv roofs, the most popular tree is the olive tree. It’s very symbolic and beautiful.”
Inside Olia concept store in Tel Aviv. Photo by Abigail Klein Leichman
Article source Israeli voiceIsraeli Olive Oil Comes of Age,


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BodyGuardz Announces Green Product Mark Certification by TUV Rheinland for Eco PRTX Screen Protector
LEHI, Utah, Aug. 30, 2021 (GLOBE NEWSWIRE) -- BodyGuardz, a leader in device protection, announced today that their Eco PRTX screen protector is now Green Product Mark certified by TUV Rheinland, becoming the first and only screen protector to attain the distinction. BodyGuardz has always held their products to higher standards, and this certification strengthens their commitment to being responsible for the resources and impact their products consume and create.
TUV Rheinland awards this certification due to the unprecedented environmental care BodyGuardz takes in the production and packaging of the Eco PRTX phone screen protector. It is the first shatterproof, synthetic glass screen protector on the market with a design that has 50 percent less carbon footprint than the original PRTX screen protector. Like all BodyGuardz products, Eco PRTX features packaging that is plastic-free, 100 percent recyclable, and printed with soy-based inks. Eco PRTX packaging also goes one step further and includes a home compostable pouch.
“Environmental labels like Green Product Mark harness the power of the market to protect the environment and promote sustainable development. This certification is just one way BodyGuardz is keeping our commitment to sustainability,” said Kirk Feller, president and CEO of BGZ Brands, BodyGuardz’s parent company. “We believe customers shouldn’t have to choose between protection and sustainability. This certification gives consumers confidence that their purchase is going toward creating a greener future.”
TUV Rheinland’s Green Product Mark is a voluntary, multiple-criteria-based environmental labelling certification that indicates the overall environmental preferability of a product. The production and packaging of the Eco PRTX screen have met the core criteria of the program, which are: resource efficiency, product climate resilience, and protection of human and environmental health.
“BodyGuardz and TUV Rheinland together invite all industry leaders to commit to impactful sustainability efforts,” says Frank Holzmann, global vice president of business field electrical at TUV Rheinland, an internationally leading independent third-party testing, inspection and certification organization. “BodyGuardz is staying ahead of the curve by acquiring this crucial certification so consumers can stay informed about the environmental characteristics of the products they purchase.”
Alongside this certification is a partnership with One Tree Planted, a 501(c)(3) nonprofit with a mission to make it simple for anyone to help the environment by planting trees. Their projects span the globe and help reforestation initiatives like rebuilding forests after fires and floods, providing jobs for social impact, and restoring biodiversity. As of August 2020, One Tree Planted has planted 11 million trees since their founding in 2014. For every Eco PRTX screen purchased on BodyGuardz.com, BodyGuardz will plant one tree with One Tree Planted.
“One Tree Planted appreciates the support from BodyGuardz to plant trees and restore our forests,” said One Tree Planted founder and chief environmental evangelist, Matt Hill. “These trees will revive ecosystems, benefit communities and provide valuable habitat for wildlife.
Eco PRTX will be available for the next generation of iPhone devices releasing in 2021. For more information on BodyGuardz, its products, and its commitment to sustainability, visit BodyGuardz.com.
Codeword for BodyGuardz


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Tesco has announced its Christmas delivery plans for 2023 - and it is earlier than last year. The store says its Delivery Saver Christmas slots will open a week earlier than last year
And the supermarket is today reminding customers that there is still time to sign up for a Delivery Saver plan which will secure the early access to online slots for the festive period this year. As long as you sign up to the regular delivery scheme by November 6 you can book your Christmas slot from November 7 at 6am.
For those without a Delivery Saver plan, Tesco Delivery and Click+Collect slots will open for all customers on November 21 at 6am. It says the benefits aren’t limited to Christmas – Delivery Saver is Tesco’s subscription-based delivery service designed to help reduce the cost of regular online grocery orders, with a range of plans running for 6 or 12 months and starting from £2.49 a month. The plans mean any orders will be delivered to you or available through the Click+Collect service at selected stores.
Tom Denyard, Managing Director of Tesco Online said: “We’re looking forward to helping customers across the UK pick up some family favourites or treat themselves to something special this festive season and our convenient Delivery Saver plans not only give you early access to slots this Christmas, but they can also save you an amazing £150 a year on delivery or collection fees*.
“And as we help customers plan ahead for their Christmas shop this year, there is no better time to sign up to a Delivery Saver plan and benefit from festive priority slot bookings.”
Morrisons announced it was opening its Christmas food delivery slots from this week. The supermarket's grocery deliveries will be made between December 20 and 24 and customers that wish to plan ahead to secure theirs can log on and do so this week.
The supermarket is also giving customers with a Delivery Pass a headstart. They can book from Wednesday, October 18 while those without a pass can book from October 25. The minimum order for Christmas food to get delivery is £25.
Morrisons says that the early access will give customers the 'guarantee of a seamless and stress-free online shopping experience during the busiest season of the year'. Delivery Pass subscriptions are available for one month for £5 midweek and £8 anytime deliveries, for six months at £25 for midweek and £45 for anytime deliveries or you can go for the entire year for £40 midweek and £70 anytime deliveries.
Food to Order slots are now open for collection and Morrisons has exclusive festive dishes available for those customers - see the list here.
Asda has already opened its bookings for its Delivery Pass members and those without. They can book either delivery or click and collect slots online at Asda.com or via the Asda app.
Sainsbury's delivery pass customers can also start booking from this week with the Christmas slots opening from October 16.


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By Patty Vila, SouthFloridaReporter.com, Cuba Expert, Oct. 7, 2015 – A few weeks ago the U.S. Chamber of Commerce announced that it has launched a council aimed at removing trade barriers and improving business ties between the United States and Cuba.
The U.S. – Cuba Business Council said they will work to create jobs and advocate for reforms in both countries. They will also work with Congress. When I think about all these changes what comes to mind is my friend’s nephew that works at a “Paladar” 14 hours a day and makes the equivalent of $10.00 a day.
American firms are now allowed to send supplies to private Cuban businesses, export Internet technology, as well as telephones. December 17th which is a date that every Cuban and Cuban American will remember (whether you agree or not) is the historic day of renewal of relations. There is still a long way to go on the road to normalization of relations.
President Obama eased some economic restrictions. However, let’s remember that a trade embargo still exists. As my friend and Cuba expert Tony Martinez says “Let’s be real about the challenges of doing business with Cuba. You need to build relationships, establish presence, and negotiate mutually good deals. That takes time and commitment.”
Here is one of the challenges. Do you know that plastic thing we all use to travel? Oh yes, the credit card. Credit card companies still cannot transfer payments to Cuba. We are only 90 miles away. I remember my years working for CNN being based in Havana I would have to come to Miami pick up $50,000 or $100,000.00 in CASH and hand carry back to the island.
With all of these laws changing and people wanting to know the latest. I will be participating on a panel and giving a presentation this coming Friday, Oct. 9, at the Sofitel Hotel. Nexco in partnership with Datamyne is presenting the forum. Click here to register for the forum
8:00 A.M. Registration and Continental Breakfast
8:45 A.M. Welcome and Introductions by Gerri Cristantiello, Executive Director of Nexco and Brendan R. McCahill, CEO of Datamyne
9:00 A.M. Opening Remark’s Stephen Wagner, Senior Attorney with Fuerst Ittleman David & Joseph. PL and Conference Moderator
9:15 A.M. Moving Capital In and Out of Cuba: Financial transactions, banking, money transfers and tax laws applicable to doing business in Cuba. Jennifer Correra Piera – Attorney, Fuerst lttlemman David and Joseph, PL
9:30 A.M. An analysis of the commercial and political landscape for U.S. businesses that have an interest in what is Market Cuba. John Kavulich, President U.S. Cuba Trade and Economic Council
10:00 A.M. Understanding the U.S. regulations by federal law enforcement agencies, allowing for more trade and travel between the U.S. and Cuba. Peter Quinter, Chair of the Customs and International Trade Law Group, Gray Robinson P.A.
10:40 A.M. Networking Break
11:00 A.M. Is Cuba ready for American Investment? An up-close look at workforce availability, infrastructure development, political climate stability, taxation and growth incentives for business seeking opportunities in Cuba. Judy Kruger Senior Vice President of International Sales, PRA Global
11:30 A.M. How CNN worked to get the office opened in Cuba. The first American company to operate in Cuba in thirty years. What an American company can expect. How to get your product placed in a country that will be one of the leading consumers. What can happen in the world of communications in Cuba be it marketing, public relations and advertising? YOURS TRULY IS SPEAKING ABOUT THIS ONE!
12:00 P.M. Roundtable Discussion with Speakers and Q&A – Moderated by Stephen Wagner
12:30 P.M. Luncheon Speaker: Enterprising Cuba: Citizens Empowerment, state abandonment, or U.S. opportunity. Ted Henken, Author and Professor, Baruch College, City University of New York
2:00 P.M. Keynote Speaker: Re-launching an iconic brand to service trade and tourism in the new Cuban market. Ed Wegel, Founder and CEO of Eastern Airlines
A Networking Cocktail Reception will be held following the keynote speaker.


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Well it is almost the weekend, and you know what that means? AstriCon is only a few days away! I hope everyone is ready!
We are extremely excited to see our community and talk about this past year and plans for the future of Asterisk. This has been an extremely busy year at Digium. Just to give you an idea of what has gone on over the last year, here are a few highlights:
– Finished development and readied for launch of Asterisk 11
– Introduced and brought to market a hardware failover solution (Digium R-Series) specifically designed for Asterisk… Continued


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A new business is making Fenian guns at a factory in Birr County Offaly.
The award winning Irish designed Fenian gun, a sliding action shotgun with interchangeable barrels and a unique breech opening is manufactured by the Fenian Gun Company in Birr, County Offaly
The Fenian gun, a vertical barrelled gun has a patented sliding action. It was invented by JK Kavanagh who comes from a long line of gunsmiths. Following a period living abroad, JK Kavanagh returned to Ireland to manufacture his gun.
With the aid of government grants, the company went into production from the old workhouse in Birr. At peak production, it is estimated 40 guns can be made per week, and the company has provisional orders from Europe and America.
The factory is currently stockpiling guns for testing and proof marking. A proof house is being set up by the Institute for Industrial Research and Standards in Glasnevin, specifically to deal with the products of the Fenian Gun Company.
Once proof marked, the Fenian gun can go on sale. It is expected to retail at 50 guineas, one fifth of the price of a similar gun made in England because,
The gun is engineered and very cleverly engineered at that, this means it can be turned out in almost mass production.
In March 1969 the Fenian gun was awarded the Gold Medal and the Plaque of Honour at the 17th International Exhibition of Inventors in Brussels, Belgium.
A ‘Newsbeat’ report broadcast on 28 November 1968. The reporter is Cathal O’Shannon.


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Back in February, rumors swirled that Google would be buying a building in San Francisco's hallowed Mission District. It was billed as an attempt to lure more tech talent that wasn't keen on working at the Mountain View's suburban campus or the company's corporate office on the Embarcadero. That rumor turned out to be false, but the building originally suspected to be going to Google will become an actual chocolate factory.
Dandelion Chocolate, which opened a factory on Valencia Street back in 2012, will be taking over the space at Alabama Street and 16th Streets, making Dandelion the latest addition to the Mission Creek neighborhood, where local manufacturing is becoming a thing. The company will be keeping their Valencia Street location and also adding a kiosk in the Ferry Building.
The local chocolate company announced the new factory late last week, but the tech gossip blogs don't overlap with the food blogs quite as much as one might think they would. The plugged-in real estate watchers from Socketsite, however, took a moment to remind everyone they debunked the Financial Times rumor shortly after it broke in February, but this new info confirms the non-existence of a Mission District Google HQ. Unless they snap up something in Mission Bay, that is.


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Pier 1 temporarily closed for storm damage
Pier 1 Imports in Fayetteville is sidelined for the time.
The retailer off Morganton Road, and on the outskirts of Cross Creek Mall, is currently closed. In fact, the store sits empty.
But according to signs posted to the outside of the business, Pier 1 will be reopening. It looks like Hurricane Florence did a number on the place as it blew through the area last month. The store is said to have incurred water damage to furniture and counters after the rain started leaking through the ceiling.
"Hurricane Florence was not kind to our store," the sign reads. "This has given us an opportunity to update our fixturing and recreate the fun and exciting store that you love!"
Signed by the Pier 1 Fayetteville Team, the window flyers tell shoppers to follow the store on Instagram@pier1fayettevillenc for an announcement on "the grand opening."
"... We look forward to seeing everyone again," the message concludes.
The Charlotte South Region manager for Pier 1 Imports did not immediately return phone messages left Friday.
Both an employee next door to the store at the EyeCareCenter and an employee who works at one of the other Pier 1 Imports in eastern North Carolina said the Fayetteville location will reopen.
"I've heard mid-November," said the Pier 1 contact, who did not want to be quoted by name. "They are reopening and will reopen before the holidays. The exact date I could not give you."
On Friday morning, work was being done on the roof of the store at 575 Cross Creek Mall.
The Fayetteville Pier 1 opened in April 1995.
The next-nearest Pier 1 is at 9 Pinecrest Plaza in Southern Pines.
Based in Fort Worth, Texas, the publicly traded retail business specializes in imported home furnishings and decor and, in particular, furniture, table-top items, decorative accessories and seasonal decor.
Jimmy Jazz back inside mall
Jimmy Jazz has returned to its roots at Cross Creek Mall.
The store, which temporarily operated for a couple of months outside the mall, is back in its familiar tenant space near JCPenney after undergoing a complete renovation, according to mall spokeswoman Leigh Burnett.
Jimmy Jazz is known for its selection of brand-name urban streetwear and sneakers for men, women and children.
Sears to close late January
The closing date for the Sears department store at Cross Creek Mall looks to be Jan. 31.
That's according to Burnett, the mall spokeswoman, who cited an email from store management.
She said the store had been directed to begin its going-out-of-business sale immediately.
Attempts to reach store management were unsuccessful on Friday.
The Fayetteville store is among the 142 locations that the troubled company plans to close as part of its Chapter 11 bankruptcy. Those stores are in addition to the 46 closings announced in August, the Sears Holdings Corp. has said.
Sears has cited under-performance as the reason behind the store closures.
With the holiday season fast approaching, this could be a good time to snatch up some good deals before this Sears folds for good. If the sale goes like other department store retailers that have gone out of business in years past, then the percentage-off store merchandise will only get larger as the late January closing date draws closer.
In February 1975, Sears opened along with more than 150 stores and restaurants in what was then the new Cross Creek Mall after moving from the 400 block of Hay Street in downtown. It has remained a primary anchor of the mall, bolstering one of the building's wings.
Preliminary redevelopment and site plans on the Cross Creek Mall section of the CBL website indicate that a Dave & Buster's will be opening in 2020 in what is now the Sears wing.
Burnett said she could not confirm that Dave & Buster's is a go for Cross Creek, and the popular entertainment and restaurant business has not announced it is coming to Fayetteville.
In case you missed it first time around, the Sears Outlet at 1240 Ireland Drive will remain open.
See something sprouting up, have tips, questions or comments for Strictly Business? Contact staff writer Michael Futch at email@example.com or 910-486-3529.


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A body of cell phone retailers has accused Chinese smartphone maker Oppo of indulging in "unfair trade practice by restricting a product" to online platforms and "not honouring its commitment of proper distribution support" to physical outlets, an official said on Sunday. The Chinese mobile maker
, however, blamed a global chip shortage
for being unable to push sales through brick-and-mortar retail stores
All India Mobile Retailers
' Association alleged that manufacturers of handsets are "not providing a level playing field" for their members and planned to launch nationwide protests against "biased trade" practices.
"Restricting a product from the mainline retail fraternity establishes an unfair and biased trade practice with a tremendous threat of impacting the nation's economy unfavourably," the association wrote to OPPO India president Elvis Zhou. AIMRA
represents 1.5 lakh retailers across the country.
"Despite your commitment, we have learnt that the supply has been kept exclusive to the 'online retail market only', which the mainline retail industry takes as an outright violation of trust and words," AIMRA national president Arvinder Singh Khurana
said in the letter.
The smartphone maker's head (modern trade and KA) Nitin Singh, however, said Oppo India is committed to its mainline retailers and trying to resolve the supply issues arising out of the global situation of chipset and raw material shortage.
The supply will improve by the end of April, Singh said.
"We are committed to our mainline partners and retailers and doing our best to resolve the supply issue arising due to global situation of chipset and raw material shortage which impacted the supply of K10 in the mainline market.
"We will supply the K series stock to our mainline club partners and retailers. Our current new product F21 is available in the Indian market and the customer response has been very positive," he told PTI.
If the Chinese smartphone maker "fails to practice a fair level of playing field", the retailers' body will launch a nationwide protest and hunger strike, Khurana said.
AIMRA had sought the government's intervention for regulatory support to overcome the challenge.
"Today, we are present in every nook and cranny of the country and capable of extending our services to each customer nationwide. The mainline retail industry can proudly assure you of providing better services to customers than online platforms," the retailers' body said.
Singh said the mobile phone maker is looking forward to retailers' continuous support to provide better products and services to its customers in India.


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Puppeteer HQ (PS3)
Available on: PS3 PS3 Rank: 351 / 1,532 | Overall Rank: 3773 / 14,381
|Puppeteer gets release date, story trailer (0)|
|SCE Worldwide Studios art director Gavin Moore has announced that Puppeteer, Sony's new Move controller platform title will be on shelves on the 11th September 2013.|
|Posted: 02.04.2013 by JonahFalcon|
|Puppeteer gets 10th September release date for PS3 (0)|
|Sony announced during their GDC 2013 demo that Puppeteer, a "dark fairytale" set in a magical puppeteer’s theatre, will be released on the 10th September. The gamer plays a young boy transformed into a puppet and beset by fantastic obstacles.|
|Posted: 26.03.2013 by JonahFalcon|
|GamesCom 2012: Sony reveals Rain and Puppeteer during... (0)|
|Sony has announced two new exclusive titles from its Japan Studio.
First up is 'Rain', from Sony's Japanstudio, which is a third person adventure that tells the tale of an invisible world revealed only by rainfall.
|Posted: 14.08.2012 by JustCommunication|
|View all Puppeteer news...(3)|


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Saban to launch Vortexx as new CW kids block
Saban Brands’ new five-hour Saturday morning kids TV block US broadcaster The CW has a name. Newly dubbed Vortexx is set to make its debut on August 25 from 7 a.m. to noon.
The multi-platform brand is also set to launch online offerings at www.myvortexx.com and mobile content.
Hit series including Power Rangers and Yu-Gi-Oh!, and other yet-to-be-announced action/adventure and comedy series, will anchor the new block previously owned by 4Kids Entertainment and dubbed The CW4Kids Toonzai block.
Vortexx is expected to reach 114 million US households.
Check out our latest issue of iKids Digital! We've got the scoop on the latest social media marketing tactics, the tablets that kids and parents can't put down, and new insights on how youth are using social networking sites.


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Clinical scientists have located various wellness benefits of marijuana, including its capability to reduce pain and swelling, as well as might even assist cancer clients handle its adverse effects. It may additionally replace using anti-inflammatory drugs, such as NSAIDs, which have unfavorable side effects. Discomfort as well as inflammation decrease might boost total health and wellness, while the soothing impact may boost rest. Additionally, cannabis is a lawful choice for those with persistent pain. Furthermore, research study has revealed that cannabis has anti-anxiety, pain-relieving and also anti-depressant homes. If you beloved this report and you would like to get much more facts relating to Buy Marijuana online in Europe kindly pay a visit to our own website.
Cannabinoids are chemicals discovered in marijuana that can influence the body in a selection of means. The most well-studied cannabinoids are THC, CBD, and CBN, which have separate pharmacological impacts. CBD and THC were isolated from marijuana in the 1940s, yet their structures were not determined until 1964. Phytocannabinoids, or cannabinoid-derived compounds, are currently being studied as possible medical compounds.
Several research studies have actually shown that THC in marijuana might assist those with certain persistent brain dysfunctions. While it is still not totally clear if cannabis can boost Alzheimer’s condition, there have been some promising outcomes. In one research, the THC material of cannabis reduced the development of the condition in Alzheimer’s clients. This might be due to the fact that THC blocks an enzyme in charge of the formation of amyloid plaques, the brain particles that causes Alzheimer’s illness.
The FDA remains to be worried about the spread of CBD products for medical as well as therapeutic usages. These products are typically sold online as well as placed individuals at risk. They have actually not been checked for safety and security or efficacy. This deceptive marketing raises worries regarding public health as well as the safety of patients. In addition, some customers have stopped working medication examinations after taking CBD products which contain even more THC than suggested on the label. Nevertheless, it is still prematurely to attract any type of final thoughts regarding these items.
The entourage result of cannabis is a mechanism that recommends cannabis compounds act synergistically to change the general psychedelic impacts of the plant. It’s not recognized precisely just how the entourage effect works, but it deserves discovering to assist you much better recognize the psychedelic results of marijuana. It has likewise been linked to boosted enjoyment and inspiration. To get more information concerning the entourage result of cannabis, continue reading! Right here are some common inquiries associated with the entourage impact of cannabis:
Medical cannabis has a selection of health advantages, including its ability to deal with a number of different kinds of cancer. The psychoactive compound in cannabis, tetrahydrocannabinol (THC), has anti-inflammatory residential properties, can protect against growth capillary from creating, and also inhibits the growth of cancer cells. Actually, research study has revealed that THC eliminates cancer cells without harming normal cells, making it an exceptional choice for people undertaking chemotherapy.
Researchers are exploring the potential medical marijuana advantages for youngsters with intractable epilepsy. Kids were hired with 2 nonprofit companies and provided whole-plant clinical marijuana oils to treat their seizures. There was no limitation on age, sex, or ethnic culture. The researchers compared the efficiency of the oil with existing epilepsy drugs, and the research’s key end result step was seizure regularity. Seizure regularity was decreased by 86%, with one individual using just one antiepileptic drug.
Clinical marijuana has been shown to minimize anxiousness, enhance sleep, soothe nerves, as well as soothe the body. Marijuana Doctors suggest its use for patients with PTSD, a serious clinical condition. Conventional anti-anxiety medicines like benzodiazepines have adverse side impacts as well as lead to hundreds of overdoses. Clinical cannabis reduces cortisol degrees as well as may be an effective alternative to traditional medications. CBD is a cannabinoid discovered in marijuana and also is effective for dealing with anxiety.
Sleep problems and various other sleep problems impact 10s of numerous Americans, and also they can disrupt your day-to-day live. Without sufficient sleep, it’s challenging to concentrate effectively throughout the day. If you’re driving at night, this trouble can be particularly unsafe, with more than 1,500 accidents connected to exhausted vehicle drivers every year. As such, these conditions are not just a nuisance; they can end up being a severe trouble if left without treatment. Not just do they influence your health, yet they affect your power level and general wellness too.
Cannabidiol, also understood as CBD oil, is the non-psychoactive isomer of cannabis. This substance was very first uncovered as a self-medication for kids with Dravet disorder. Today, it’s sold to treat several different clinical conditions. It’s additionally available in a vast variety of administration techniques, the most prominent of which is CBD oil. While some hemp oils might contain trace amounts of THC, many CBD oils are not infused with THC. Should you liked this informative article and also you want to be given more details with regards to Marijuana edibles online EU i implore you to stop by the web-page.
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Paycento, a one-click, frictionless payment system that purports to boost internet sales for low-priced online vendors such as newspapers, music and other digital goods, is currently in private beta testing, and the company is actively talking to venture capitalists to raise additional funds.
Nothing unusual about that, you might think. After all, the concept of micropayments is hardly new. But Paycento is different in one major respect: their system allows surfers to make purchases using their Twitter or Facebook accounts.
Paycento, a Belgium start-up founded by former IBM executive Pieter Dubois, will allow website visitors to pay small amounts (which they’re terming ‘casual micropayments’) with a single click, much like the way that they currently use Twitter’s Tweet and Facebook’s Share and Like buttons.
Dubois hopes that Paycento will empower publishers of all sizes to monetize their content. As users are often permanently logged into their social profiles, the checkout would be fast and efficient.
“Those social identity networks also are really identity providers… so we piggyback on that,” explains Dubois. “The payment is really seamless … so it’s like a one click payment on the internet.”
Paycento is seeking to raise around 5 million euros ($6.66 million), which Dubois says will last the company for two to three years.
“We are going to make the full system, where you can really start doing commercial transactions, we would hope at the end of June … July at the latest,” said Dubois.
It’s certainly an interesting concept, but it does raise a couple of important questions. Neither Twitter not Facebook hold a user’s financial details (for example, a credit card), and neither is a particularly reliable indicator of identity (it’s easy enough to setup an anonymous or fake profile on both), which means that Paycento would near to bear this responsibility. And if your financial and identity details are on your Paycento account, why do you need Twitter and Facebook at all? Wouldn’t it be just as simple to check out via a Paycento button, much like we do with Paypal?
I might be missing something but this does seem like an unnecessary extra step. I think micropayments definitely have some kind of future but, as things stand today, I’m not sure that the social profiles as they are right now are ready for this. Nor do I think it’s part of their agenda. And, as usual, it’s a bit of a house of cards, especially if social micropayments take off. What’s to stop Twitter swooping in and doing this themselves?
What do you think? Would you be happy to pay with Twitter?


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MALAWI – Standardization regulators, the Malawi Bureau of Standards (MBS) has lifted a ban on Frozy drink, a Mozambique drink which took the Malawi market by storm, threatening locally manufactured drinks including the giant Coca-Cola.
MBS director Devlin Chokazinga says in a statement that Yaafico Industries Ltd, the manufacturers of the popular soft drink, have redressed the shortfalls which led to the ban of the drink in Malawi.
“…the Malawi Bureau of Standards hereby advises the general public that the ban which was imposed on Frozy has been lifted,” says the MBS director in a media statement.
MSB banned Frozy in November 2016 for what it described as critical failures of the product on labeling and high levels of citric acid and benzoates.
The bureau says among the actions taken, was the obtaining of random samples of Frozy drinks from the company and from the market for running conformity assessments with regard to MS18-Carbonated soft drinks specification and MS19-Labelling of preferred foods and general standards soft drink specification.
“Following the exercise, Yaafico has complied and Frozy is now compliant to the specifications.”
The statement however says the manufacturers remain non-compliant to MS19 because storage conditions for the drink are not indicated and some language on the bottle label cannot easily be understood by a Malawian user.
February 14, 2017; http://www.nyasatimes.com/malawi-lifts-ban-frozy-drink-mozambique/