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Shares of Oslo-listed fish-farming stocks tumbled on Thursday after Russia announced plans to ban fish imports, depriving salmon producers of their biggest market and threatening a solid year buoyed by record-high fish prices.
Norway's Marine Harvest, controlled by shipping tycoon John Fredriksen, tumbled 10 percent, Salmar fell 9 percent and Grieg Seafood fell 7.4 percent on the likely loss of a key export market and the expected price falls caused by reduced demand.
Fredriksen's offshore drilling firm Seadrill last month signed a $4.25 billion Arctic rig deal with Russia's Rosneft just hours before Western sanctions that could potentially have prevented the deal kicked in.
Russia's move, which includes a total ban on imports of many Western foods, is retaliation for Western sanctions imposed over Russia's role in the Ukrainian conflict.
"It looks like the import ban will affect most Norwegian seafood exports," said Are Kvistad, a spokesman for the Norwegian Seafood Federation. "This will have serious consequences for Norwegian seafood businesses in the short term."
Norway accounts for about half of global farmed salmon production, and a tenth of its total seafood exports go to Russia. Norway's seafood exports totaled 6.5 billion crowns ($1.04 billion) last year and were set to rise sharply this year as salmon prices, which is the biggest export group, remain high after hitting a record at the start of the year.
"For now volumes for today and tomorrow are scheduled for shipment," Salmar CEO Leif Inge Nordhammer said. "If it becomes a total ban, fish exports have to find other markets, other countries. That would be challenging in the short term."
Other shares that saw big drops included Bakkafrost, down 7.6 percent, and Norway Royal Salmon, down 7.3 percent.


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NEW YORK (CBSNewYork) -- How much are the apps on your phone tracking where you go?
Uber now keeps tabs on users' locations even after they get out of the car, and as CBS2's Ali Bauman explained, some digital defenders worry it could compromise your security.
Requesting a ride at the tap of a smartphone is convenient.
Apps like Uber use your location to pick up right where you're standing, but once the car drops you off, how long should the app follow you?
"There's no reason they need to know my location if I'm not requesting a car at that moment," Uber customer Emily Driehorst said.
That used to be the policy, but now Uber tracks riders' location for five minutes after they get out of the car, even if the app is not open.
Peter Micek -- a digital rights advocate -- said the change puts privacy at risk.
"It's not necessarily about what Uber's doing today, how they're using the data. It's more about how they could use the data or malicious attackers or governments could access that data in the future," Micek said.
Uber told CBS2 the change will help with ETAs, pick ups, efficiency on pool rides, and passenger safety.
"They already know where they dropped you off, so what's five minutes after? Where are you gonna go?" Adam Shuty said.
Some riders choose to be dropped off a few blocks away to keep their true destination private.
"People might do that if they've got a sensitive business meeting, two companies discussing a merger, that's incredibly valuable data," Micek said.
The location tracking is not required, you can go into your settings and choose to 'never be tracked.'
Micek believes any location tracking app needs transparency about where the data is stored and for how long.
"It's only a matter of time really until someone finds their way into this very valuable storehouse off data. It's a right to privacy we've got to safeguard and be vigilant to protect," Micek said.
He advised riders to be aware of the data they disclose to apps, and just as important, the data we don't.
Uber has 40-million monthly passengers worldwide.
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Superstar Mahesh Babu has created a new record on social media. He has become the first actor from South India to have 9 million followers on Twitter. Mahesh Babu fans are very happy about this uni...Continue reading
The most popular movies at the multiplex this past weekend included some familiar titles: "The Lion King," "Moneyball," "Drive" and "Dookudu: Daring & Dashing."
"Dookudu," an Indian...Continue reading
Now the fans of Mahesh Babu can enjoy the blockbuster BAN sitting at home. Thanks to Amazon Prime for this. Within a span of one month, Amazon has brought two blockbusters, Rangasthalam and Bharath...Continue reading
Well, we still don’t know a lot about what’s in store of Mahesh Babu-Sukumar’s film – but today we have a small update on some of the plans for the film. According to our Film Nagar sources, shoot...Continue reading
The first single from 'Sarileru Neekevvaru', 'Mind Block', will be out at 5.04 PM. It is expected to be a mass number and Mahesh Babu fans are waiting with bated breath for it.
The words 'Mind B...Continue reading
>> More Mahesh Babu News
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Workers at three unionized Starbucks locations in Wisconsin went on strike Thursday to hinder the coffee giant’s most lucrative seasonal promotion known as Red Cup Day.
Two stores in Madison and one in Plover joined about 200 stores nationwide in walking out on the company’s giveaway of holiday-themed reusable red cups. Last year, the company said the promotion was its highest single sales day of all time, despite strikes at more than 100 U.S. stores.
More than 360 U.S. Starbucks stores have voted to unionize since 2021, according to the National Labor Relations Board. But the company has yet to reach a labor agreement with any of those stores.
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Union organizers in Madison said the action is intended to put pressure on the company to negotiate a contract. They said the company has refused to bargain with the nationwide union and instead wants to negotiate with individual stores.
Starbucks said it is the union that is holding things up.
“Starbucks has proposed to begin contract negotiations for our State & Lake store on two separate occasions and Workers United did not agree to meet,” Starbucks spokesperson Andrew Trull said in a statement to WPR referring to the company’s Madison locations that were striking Thursday.
“Union representatives met with Starbucks for a bargaining session at our Capital Square store on (November 1). Unfortunately, Workers United representatives for each store have declined to confirm all other proposed sessions,” he said.
The union filed an unfair labor practices claim against the company for forcing employees to handle more orders during such promotions as Red Cup Day without increasing staffing.
“We’ve had for the past couple of months many surprise promotional days that we were not prepared for,” said Senua O’Connor, an organizer and barista at Madison’s Capitol Square location.
She said the store would be informed just days ahead of a “buy one, get one free” promotion.
“We would have maybe two, maybe three people on a good day trying to run a promotional day, which is extremely difficult,” she said.
Trull said locations have the flexibility to adjust staffing levels.
“We’re also working to implement additional store scheduling improvements to provide all hourly U.S. partners more stability, flexibility and consistency in their weekly work schedules,” he said.
Earlier this month, the company said it would increase wages and benefits for non-union stores.
The Madison stores also went on strike in June as part of the union’s Strike with Pride event to protest the company preventing Pride month decorations.
But O’Connor, a transgender woman, said she stays at the job because of her store’s culture – and to fight for a union.
“I’ve found a place that’s accepting of queer people, of trans people,” she said. “Not because of the corporation in any way, but more so because of the culture of being a barista. There’s a lot of trans and queer people who work here.”
O’Connor said she makes $15 an hour, which she said is in line with other service industry jobs in Madison. She values having health insurance, though she said the coverage offered is “the best you can get at the lowest possible tier of a job.”
“As much as I’m willing to say bad things about what Starbucks is doing, this is a job I want,” she said. “Really, what we’re fighting for is to turn this place into a place that doesn’t have such high turnover. We want to have a culture. We want to be part of the community, and the only way I see that happening is getting our benefits better, getting our pay better, making people want to stay.”
Organizers in Madison said the stores will open again on Friday at 5 a.m.
Wisconsin Public Radio, © Copyright 2024, Board of Regents of the University of Wisconsin System and Wisconsin Educational Communications Board.


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However, the reality is completely different from what vehicle purchasers believe. The dealers only keep approximately a 7 per cent profit margin when they sell a new car. On the other hand, on used car proceeds, the dealerships hold 12 to 15 per cent profit.
Without doubt, there has been pent-up demand, and as restrictions have eased, this has been unleashed onto the market with our dealer introducers reporting luxury cars being snapped up quickly and a lack of stock.
Head of the valuation at Cap HPI, Derren Martin while sharing his thought on the situation said, “With demand from dealers at a high, stock levels low and concerns over the future supply of used cars, there has never been a better time for consumers to cash in on their cars.”
If you want a used utility vehicle that is big, luxurious, and grand, you would love to have the 2016 Mercedes GLE in your garage. From the heavily chromed nose to the big, vertical rear, it has every bit you would expect in a Mercedes utility vehicle, and that is what motorists like most about it in the UK.
The 2017 Range Rover Evoque hit the UK roads in summer 2016 to compete with the Audi Q3 and BMW X1. Both its competitors are better machines when it comes to driving comfort. However, the baby Range Rover appears more stylish with better off-road capabilities.
Yes, the 2016 Audi Q7 is an excellent mid-size sports utility vehicle offering agile handling, calm ride, and powerful engines. It features one of the plushest interiors in its segment, with standard leather upholstery and soft padding all over. It also has an abundance of standard safety and driver-assistance features, including a rearview camera, front and rear parking sensors, forward collision warning with automatic braking, and pedestrian detection. Definitely, worth every penny you spend on it!
The plans set out for 2030 are less rigorous than those for 2035 because they exclude the ban on hybrid cars. The new deadline supports the UK’s economic recovery from the aftermath of the pandemic, as a recent study by Greenpeace shows the 2030 embargo would generate more than 32,000 jobs.
We have witnessed better car sales in April 2021 compared to the same month last year. According to data released by the Society of Motor Manufacturers and Traders (SMMT), vehicle sales rose to 141,600 units in April 2021.
With so much fluctuation in fuel prices, it really helps to have a car with the best-in-class fuel economy figure. Today, we bring you the top 5 most fuel-efficient cars you can buy this year. We have considered a mix of petrols, diesels, and hybrids, so there is something for every motorist.


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Since it’s creation in December of 2014, Category 12 brewing has never shied away from a challenge.
The founder of the Keating Cross Road craft brewery, Michael Kuzyk, has consistently combined his love of the craft of brewing with his scientific credentials to test concepts other brewers tend to eschew. Now, with the revival of a long abandoned method of raw ale brewing, Kuzyk has brought what certified cicerone (that’s a sommelier for beer), Jeff Kendrew maintains is a method and flavor that is unique amongst B.C. commercial brewers.
“No one else has attempted raw ale. It’s very technically challenging … an old world, ancient way of making beer that predates the availability of copper or stainless steel vessels for brewing.
“We use wooden vessels and a very complex methodology combined with temperature regulation to create a stable, pasteurized beer with a very distinctive flavour,” said Kendrew.
The method has allowed the brewery to add its own truly West Coast touch to its beer, while simultaneously paying homage to a B.C. First Nations tradition.
Kuzyk wanted to honour his home but knew that, to do so, required more than just giving a beer a name with a West Coast reference or a placing a label with a classic B.C. theme. To truly respect the West Coast, the beer had to carry the message of its birthplace through its flavour.
“Michael had originally intended to use raw cedar boughs in place of the juniper branches traditionally used in raw ale. That’s when one of our brewers, Jacob Paul, came up with a better idea,” said Dominique Jones, speaking on behalf of Category 12.
Jacob’s uncle Chris Paul is a Coast Salish artist who enjoys international acclaim for his limited edition giclee prints, cedar panels and glass sculptures. Born near Victoria as a member of the Tsartlip nation, Paul was immersed in art forms of the Coast Salish people.
“Jacob’s idea was to take raw red cedar from his uncle’s workshop (where Paul carves intricate first nations art) and use that in the brewing process,” said Kendrew.
The results were everything anyone could have imagined, resulting in a beer with a truly unique West Coast flair.
“It wasn’t long after I contributed this amazing old-growth wood that I got a call from the owners who asked me to contribute the art for the label of the beer as well. It was really a privilege to do that; to contribute to something my family, my nephew, was already a part of creating,” said Paul.
The Elemental Series Raw Ale, infused with red cedar, is one of Kuzyk’s favourites, and Kendrew observed that the company’s pride in the connection they were able to create with First Nations art and culture and to the West Coast in general will be difficult to match.


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An new anthology tells the human story of Alzheimer's disease and other dementias.
The Computer Guys and Gal: Valentine’s Day edition. The FCC chief embraces tough new net neutrality rules. Microsoft hopes users will swoon over Windows 10. And Twitter’s CEO shows no love for bullies and trolls. Plus tech gifts for your Valentine.
- Bill Harlow Hardware and Software Technician for MACs & PCs, Mid-Atlantic Consulting, Inc.; and WAMU Guest Computer Guy
- Allison Druin WAMU Computer Gal; Chief Futurist at the University of Maryland Division of Research; Co-Director of the Future of Information Alliance, University of Maryland
- John Gilroy WAMU Computer Guy; Director for Business Development for BLT Global Ventures
Valentine's Day Gift Guide
Apps Of The Month
Tech In The News
FCC on Net Neutrality and Broadband Definition
Microsoft and Windows 10
Online Security, Privacy, Civility, Diversity
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- You don’t need much data to identify a shopper
- Popular AdBlock Plus plugin’s pay-to-play advertiser whitelist
- Diversity in the tech workforce: Google donated $775,000 to Code2040
- Intel President Renée James is heading up Intel’s $300 million diversity initiative
- Eric Schmidt says the Internet will disappear. Why is search becoming more embedded in OS and apps?
- Why is Google moving to sell phone service directly to customers?
- Apple reports mammoth sales of iPhone 6/6Plus to people who’ve never had a cell phone before. But not a lot of current iPhone users are upgrading.
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The U.S. Food and Drug Administration properly implemented federal law when it extended certain cigarette rules to other tobacco products and when it assessed fees on cigars and pipe tobacco, the U.S. Court of Appeals for the District of Columbia Circuit ruled on June 20, according to Reuters.
The court unanimously rejected a challenge by the Cigar Association of America, Cigar Rights of America and Premium Cigar Association to aspects of the FDA’s Deeming Rule subjecting cigars and pipe tobacco to the same regulatory framework as cigarettes.
The FDA adopted the Deeming Rule in 2016, identifying a wide range of tobacco products, including cigars and pipe tobacco to be subject to its regulatory authority under the Family Smoking Prevention and Tobacco Control Act of 2009.
The industry groups challenged the rule in the District of Columbia. Some aspects of that challenge have been successful, as when the D.C. Circuit last year overturned a warning label requirement for cigar and pipe tobacco products.
In its recent ruling, however, the appeals court upheld the FDA’s authority to require cigar and pipe tobacco products to undergo premarket review or for manufacturers to provide “substantial equivalence reports” (SE) showing that a product is equivalent to one already on the market before 2007.
The cigar groups had challenged that rule on the grounds that the FDA failed to provide product-specific instructions on how to prepare SE reports and did not consider the cost and benefits of premarket review specifically for each industry or product. They also challenged the user fees on the grounds that the agency did not impose similar fees on other newly deemed products such as e-cigarettes.
Circuit Judge Judith Rogers wrote that it was unnecessary to address whether the law required the FDA to provide the instructions because the agency had said it would give companies 18 months to submit SE reports. She argued that even if the FDA were required to provide instructions, it did not have to do so as part of the rule but could do so later.
Rogers also upheld the agency’s user fees on cigar and pipe tobacco manufacturers and importers, arguing that the Tobacco Control Act specifically gave the FDA authority to impose fees on cigarettes, cigars, snuff, chewing tobacco, pipe tobacco and roll-your-own tobacco.
Anti-smoking activists described the court ruling as “a win for kids, their families and the public health.”
“The D.C. Court of Appeals’ unanimous decision upholding the premarket review provisions of the FDA’s Deeming Rule for cigars will finally force cigar makers to show that their products are substantially equivalent to products that were already on the market before the passage of the landmark Tobacco Control Act,” said Matthew L. Myers, president of the Campaign for Tobacco-Free Kids, in a statement.
“Cigarettes have been subject to FDA regulation since the enactment of the Tobacco Control Act in 2009, but cigar makers were entirely unregulated for seven years until the Deeming Rule subjected them to minimal regulations.”


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Exports gain momentum
22.08.2017 In the first half of 2017, the good order situation in many countries drove the export business of mechanical and plant engineering in Germany considerably.
ASEAN states continue to offer opportunities
10.08.2017 Machinery exports to South East Asia are increasing, but growth by competitors from China and Korea is significantly stronger
Industry Meet on Powder & Bulk Solids India 2015
20.08.2014 Mr, Rajesh Nath, Managing Director & Mr. Sandip Roy, Senior Manager, from VDMA India had attended an Industry Meet on Powder & Bulk Solids India 2015 on 20th August 2014.
TiE Event, Kolkata
09.08.2014 On 9th August 2014, The Indus Entrepreneurs (TiE) Kolkata organised a breakfast meet - Doing Business in Germany for MSMEs. Mr. Rajesh Nath, Managing Director, VDMA India made a presentation on “Indo German Trade” at the event.
To create more awareness among the manufacturing industry regarding Industry 4.0, VDMA India is organising symposium on Industry 4.0 on 6th and 8th June 2018 in Bangalore and Pune respectively.
From 31st October to 3rd November 2018, VDMA India is organising the German Pavilion at the 14th International Mining & Machinery Exhibition (IMME 2018) in Kolkata. IMME is the largest and most significant mining exhibition in South Asia, held every two years in Kolkata, the mining hub of India. The German Pavilion will have participation of some major German mining machinery manufacturers. Please visit us at IMME 2018 to be held in Eco Park, Rajarhat.


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Leon to roll out roadside business
Leon, the naturally fast food chain, has signed a new five-year agreement with Roadchef to help grow its presence across Britain’s motorways.
The agreement follows the success of Leon’s first two motorway restaurants with Roadchef that opened 22 months ago and the rollout will start with openings in Southampton and Northampton.
CEO John Vincent said: “It has long been my hope that we can help make food in service stations both nutritious and appealing. So I was excited to open our first two roadside restaurants with Roadchef. The response has been even more enthusiastic than I expected. People have been evangelical about what it means to them – many have told me they choose their routes just to eat there.”


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My relationship with grocery stores has been an interesting one. Last year around this time, I was living in Washington, D.C. balancing a journalism internship and two part-time jobs, both of which were in grocery stores.
There was no shortage of grocery stores in my Cathedral Heights neighborhood in the northwest section of the city. Within 5 miles of my home, I could locate a Giant and two Whole Foods grocery stores. If transportation ever became a problem, Instacart was only a few clicks away.
Harlem is hardly any different. I can pass nearly a dozen fruit carts on my way to the grocery store and there are about three other stores within blocks of my house, making my access to fresh produce and food considerably easier than those in other cities who may be in the middle of food deserts.
Food deserts are areas that lack access to fresh fruits and vegetables, farmers markets and groceries stores. These areas tend to have an abundance of quick marts that are stocked with processed, sugary foods and have adverse effects on the health of people in these communities.
Although food-tech startups like Instacart are a benefit to those living in food deserts, but Lyft wants to lead the way in providing at-risk communities with fresh food. Lyft announced the pilot version of its Grocery Access Program in December. The program charged $2.50 flat rates for Lyft Shared rides to help people in Washington, D.C. get to and from select grocery stores.
Last week, Lyft announced that it is expanding the program to more than 10 cities across the nation. Chicago and Detroit have some of the largest food deserts in the nation and are Grocery Access Program’s next stops. If people utilize the program, it will be one of the most impactful initiatives that Lyft has had to date.
More than 2 million people in the U.S. currently live in food deserts and by providing cheap rides to grocery stores, Lyft is enabling communities to have more control over their long-term.
Lyft and Uber have recently been neck-and-neck with their initiatives and offerings, but the Grocery Access Program adds more nuance to Lyft’s mission. The ride-sharing giant has made it clear that it wants to be known for more than solving transportation issues, it wants to make a social impact.
The company has also been developing its Lyft City Works program, which works to “improve city life through grassroots transportation initiatives.” Lyft commits at least $50 million each year to the initiative that helps people get access to transportation, assists cities in building out their infrastructure through bikes and scooters, and developing eco-friendly methods of transportation. The Lyft City Works program currently provides free and reduced-price rides to medical patients, low-income seniors, veterans in transition, and victims of natural disasters.
It will be interesting to see Lyft’s next move with its Grocery Access Program. If Lyft plans for a grocery version of Uber Eats, it could prove to be beneficial for shoppers living in food deserts and the company. For now, Lyft should iron out all of the kinks with its current program before biting off more than it can chew.


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Thu, 23 Jan 2020
Nioh 2 Story Trailer, Post-Launch DLC Content Revealed (English) ... Team Ninja has shared the first story trailer for Nioh 2 as well as revealing the post-launch DLC plans for the title. This includes three major DLC releases promising hours of additional single-player gameplay. Nioh 2 is set during the Warring
How the coronavirus outbreak could affect travel stocks (English) ... Harry Curtis, Nomura Instinet senior equity analyst covering gaming and lodging, joins ' The Exchange' to discuss the coronavirus outbreak and what it means for travel stocks . ...
U.S. Video Game Content Generated $35.4 Billion in Revenue for 2019 (English) ... Content spending increased 2 percent over 2018 Washington, DC - January 23, 2020 - U.S. video game content generated $35.4 billion in revenue in 2019, a 2 percent increase over 2018*, according to new data released today by the Entertainment Software
The Orleans Hotel and Casino Player Wins $100,000 Playing IGT’s Game King® Video Poker Slots (English) ... The Orleans Hotel and Casino Player Wins $ 100, 000 Playing IGT's Game King® Video Poker Slots LAS VEGAS-A guest of Boyd Gaming's The Orleans Hotel and Casino turned his visit into a $100,000 payday when he hit a jackpot on IGT's Game King® Video Poker
Bill Hates Videogames Loves Video Games (English) ... Bill Hates Videogames Loves Video Games Image
35+ Studios With Upcoming Games to Watch in 2020 (English) We’re only a few weeks into the year and 2020 is still a relative unknown, especially when looking to the post-summer months. As the current generation begins to wrap up, studios and teams are looking to the horizon while straddling the...
The Jonas Brothers Bring Back Camp Rock With Their Latest TikTok Video (English) ... The Jonas Brothers continue to generate some of their best content ever on TikTok. The brothers continued their streak of meme-worthy clips with a major throwback to the the 2000s on Wednesday
8 Video Games That Pushed Petty Feuds (English) ... The world of gaming has seen ongoing feuds ever since its inception. The dawn of third-party publishers all branding themselves with names that would appear higher in the phone book than their predecessors
Super Nintendo World Will Bring Video Games To Life At Universal Orlando (English) “A life-size, living video game where you become one of the characters... .” ...
The FDA is considering approving a prescription video game for ADHD (English) This story was delivered to ... Business Insider Intelligence Digital Health Pro subscribers earlier this morning. To get this story plus others to your inbox
Blog: Designing fun movement in games (with video) (English) ... Movement systems in games are often taken for granted, but they can often make or break your game. So, what makes a system good, and how can you design great movement yourself? Let's find out . ... ...
Racist, threatening video sent to black basketball player. Miss. schools cancel games (English) A brief social media video containing a racial epithet and threats to a Booneville basketball player prompted schools to cancel games... . ...
GPS Navigation Symbol Inspired By Classic Arcade Video Game (English) ... Atari once stood at the forefront of gaming and although it saw a steep decline throughout the 80s, its legacy is still present. Many attribute the Atari with delivering the first popular home console, and it also saw some of the first games that
Your civil rights weren’t violated when you were muted out of a video game, U.S. ... (English) A federal court has pulled the plug on a ... Pennsylvania man’s claim that his civil rights were violated when he was muted out of an online video game. The ruling by the U.S. Court of Appeals for the 3rd Circuit should de-activate the latest lawsuit
The world's biggest video game retailer, GameStop, is dying: Here's what led to the retail ... (English) ... Ethan Miller/ Getty Images GameStop is, by far, the world's largest video game retailer. The company had been in steady decline for years, but the bottom has dropped out of its stock price across the last year — from $16 a share in January 2019
10 Hardest Video Game Achievements Of 2019 (English) After recently writing an article on the hardest achievements that cost you ... 100% completion stats, I thought I’d delve into the past year of gaming, taking 2019 as a whole
15 Video Games of 2020 That May Disappoint Gamers (English) Every year, there are a number of releases that prompt us to hop aboard the hype train all the way to launch. However with so many big games coming in...
Watch Tiger Woods pure 56 shots in 26 seconds in mesmerizing range video (English) The sight of ... Tiger Woods hitting a golf ball has long mesmerized golfers of all stripes. Not just the sight, though, the sound as well. As anyone who has spent time at a PGA Tour event will tell you, there’s a massive visual and audible
Aislelabs and Dallas Mavericks Premiere Use Case and Testimonial Video (English) TORONTO, Jan. 23, 2020 /... PRNewswire/ -- Aislelabs Inc., the Toronto-based technology company and leading provider of enterprise-grade guest Wi-Fi, location analytics, and Wi-Fi marketing platforms, is pleased to announce a new video in partnership
Factbox: Polish video game productions that have hit the jackpot (English) ... Poland's booming video game and esports market was worth $664 million in 2019, according to PwC, and is projected to climb to nearly $850 million over the next four years . ...
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Well, it’s only 8 a.m. but I think we’ve found the most inspiring thing on the internet today. It combines baseball, beer and selfless giving. In short: it’s beautiful.
[mlbvideo id=”35520375?topic_id=9780550″ width=”600″ height=”336″ /]
During yesterday’s Toronto Blue Jays-Milwaukee Brewers game, an unfortunate fan had his big beer knocked over by a zealous fan going all-out for a foul ball. If you’ve been to a baseball game recently, you know that’s tantamount to dumping $14 down the toilet.
The guy seemed to handle it better than most would have in a similar situation and the Brewers broadcast team of Bill Schroeder and Brian Anderson decided to help him out by sending a replacement beer down. They even threw in a souvenir mug.
It was a classy gesture, but really, the only acceptable thing to do in Milwaukee, where beer is treated with proper reverence.


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The Chinese manufacturer OnePlus has long since become a fixture on the smartphone market. But that doesn’t just have advantages, because the routine has crept in here to a certain extent. The company is still good for headlines, for example with TV sets.
OnePlus has been a TV manufacturer for around two years now and can celebrate more than just respectable successes here. The “problem” of the matter: So far, OnePlus televisions are not available in Europe, the Chinese company has so far concentrated on the lucrative Indian market.
Anyone who was interested in a OnePlus television in Europe (the company currently offers the 55Q1, 55Q1 Pro, 55U1, 43Y1, and 32Y1 models) has had to get creative and look around at importers – if television is even worthwhile for a television.
Europe Is Focused By OnePlus
But Oneplus founder and boss Pete Lau has now told press representatives that they are planning or preparing to enter the European business. According to Lau, this is a logical step, but there has not yet been a specific schedule or other details. Incidentally, a feature of the OnePlus televisions is the retractable soundbar, which is used in the Q1 series.
With an expansion towards Europe, OnePlus would follow the example of Xiaomi, the manufacturer, also from China, has recently carried out a similar expansion of its market.
Of course, Lau also spoke about the foldable smartphone category. OnePlus doesn’t have anything like it on offer here and it didn’t sound like anything would change here anytime soon. Because here, according to the OnePlus bosses, there is still the need to tailor the software and operation of the devices to the technology and its possibilities.
Digital marketing enthusiast and industry professional in Digital technologies, Technology News, Mobile phones, software, gadgets with vast experience in the tech industry, I have a keen interest in technology, News breaking.


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The final numbers on 2016 fintech funding deals are in from New York-based research firm and investment database CB Insights, and venture capitalists seem to be cooling on the industry.
According... Read more »
Curiosity and opportunity led me to cover the New York startup scene for Xconomy, first as a correspondent and then for the past three and a half years as the local... Read more »
When the CEO of Meetup took the stage last week at the latest New York Tech Meetup (NYTM), there was a touch of expectation that something eye-opening might happen.
Several years... Read more »
What do artificial intelligence, machine learning, and other innovations have in store for the future of marketing?
That was a key question addressed by a panel that included the chief marketing... Read more »
Smart-home technology has gone to the dogs.
New York-based Entrepreneurs Roundtable Accelerator (ERA) graduated 12 startups today, including Dog Parker—a connected doghouse that minds people’s pets while they shop at... Read more »
Making the artificial feel more natural is one of the goals of computer scientists these days.
Last week in New York, innovators from IBM, Foursquare, Microsoft, and other companies discussed what... Read more »
It will be easier for more businesses to create and share video ads if Grainne Barron has her way.
Last week, Barron, the founder and CEO of San Francisco-based Viddyad,... Read more »
Today, 10 teams will demo their fintech ideas as the latest batch of startups to come through the Barclays Accelerator in New York.
British bank Barclays and startup accelerator Techstars collaborate... Read more »
There will probably always be apps that serve little real-world use, or are so focused on technology that it is extremely hard for the average person to understand what they are... Read more »
Last week, as the opening matches began at the 2016 US Open Tennis Championship in Queens, IBM put some of its innovations in data and software on display for the media.... Read more »
For millennials looking for a new way to make friends—and just friends—in a new city, the founder behind the Real app says she has created a way to remove the superficial behavior seen with other... Read more »
With a boost from the White House, a local developer is creating a game app that may help students flesh out their career choices.
Last Wednesday, First Lady Michelle Obama announced... Read more »
These final weeks of summer have not slowed the activity across New York’s innovation scene—from a pair of funding rounds to the introduction of a mentorship program that will bring startups from... Read more »
Women 2.0 is on the move, bringing its act in a big way to New York state. The San Francisco-based network and social platform for women technology entrepreneurs is getting a... Read more »
After word leaked last night via Recode, Walmart officially announced Monday in an e-mailed statement that it has agreed to acquire Hoboken, NJ-based e-commerce site Jet.com for $3 billion cash,... Read more »
As Thursday comes to a close, Zeta Interactive has announced a new acquisition that increases its footprint in Silicon Valley.
If that sounds like a familiar growth pattern for this New... Read more »
A huge question has finally been answered about Yahoo’s future. Verizon sealed a deal over the weekend to acquire the company’s core business for more than $4.8 billion in cash, and... Read more »
Just when the online lending scene seemed mired in doldrums and doubt, New York-based CommonBond landed several deals to shake things up.
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Amid some of the commotion in the food tech sector, on Tuesday New York-based Freshly, a meal delivery startup, announced it raised $21 million in a Series B round led by... Read more »
A new workshop opened last week in New York where developers can fine- tune their blockchain software.
IBM has set up a Bluemix Garage in SoHo within a Galvanize campus that... Read more »


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Drikus Combrink from Caipicraft talks to Business Day TV about Equiniti Group and Alex Duys from Umthombo Wealth discusses Old Mutual
The criminals were abetted by a number of people in the tiny community of Bloekombos, Kraaifontein, including an alleged gun runner, drug dealers and self-confessed robbers
'China, home to 1.4 billion appetites, is embracing this technology earlier and more vigorously than its peers'
The special NEC meeting also discusses the fate of leadership structures in the Free State, KwaZulu-Natal, Eastern Cape and the North West
Grindrod Shipping CEO Martyn Wade talks to Business Day TV for a telephonic interview to discuss the move
The sharpest falls were seen in visitor numbers from Europe in general, and Germany and the UK specifically, while Brazil was an anomaly
Wiese, the largest shareholder in the crumbling retail empire, has rejected claims about his role in imploding the retail empire
South African's favourite index-tracker exchange traded fund is the Satrix Top 40
The outcome of an independent review will be announced at 3pm and will explain what led to the former Springbok walking out during a live broadcast
Destructive behaviour of burning paper turns into symbolic butterflies
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New York – David Margolese, chief executive officer of Sirius Satellite Radio, resigned today.
The company said in a prepared statement that his duties will be assumed, on an interim basis, by an Office of the Chief Executive consisting of John J. Scelfo, Senior VP/chief financial officer, and Patrick L. Donnelly, senior VP/general counsel. Margolese will remain as non-executive chairman of the board.
A statement from the board said a search for a new CEO is being conducted, “with the help of Spencer Stuart, and is well under way. Our new CEO will complete Sirius’ final transition from a development stage enterprise to an exciting entertainment company that will revolutionize radio.”
Sirius also announced today that at the end of this month it will expand in-vehicle testing of its service to six additional markets. This vehicle testing is designed to complete the evaluation of all aspects of the company’s product and transmission, distribution and system capabilities, including retail sales support, installation, subscriber management and billing, customer service and communications.
This phase is the final element of Sirius’ comprehensive test program, after which the company expects to determine its commercial launch date, which had previously been scheduled for year-end. Sirius will update investors on the status of its commercial launch on a public conference call on Wednesday, November 14. Conference call details will be announced separately.
As of September 30, 2001, Sirius had cash on hand, including restricted investments, of $392 million, sufficient funds to operate well into the fourth quarter 2002, the company said.
Arch-rival XM Satellite Radio launched its service September 25 in Dallas/Fort Worth and San Diego, where it is being sold by Best Buy, Good Guys and Tweeter, as well as others.


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China’s industrial output grew in line with expectations in November, expanding for the eighth straight month as the economic recovery gathered pace and global demand picked up.
Industrial output growth quickened to 7.0 percent in November from a year earlier, data from the National Statistics Bureau showed on Tuesday. That was in line with analyst expectations in a Reuters poll and faster than the 6.9 percent expansion in October.
China’s economy has staged an impressive recovery from its COVID-19 paralysis earlier this year, mainly driven by robust exports.
An annual sales promotion extravaganza in November by China’s e-commerce giants has also open consumers’ wallets in a further boost to orders for small factories.
China’s industrial output breakdown
Retail sales rose 5 percent on-year, just missing analysts’ forecast for 5.2 percent growth but faster than the 4.3 percent increase in October.
Auto sales saw 11.8 percent growth and sales of household appliances grew 5.1 percent in November. Communications equipment sales jumped by 43.6 percent.
Fixed-asset investment rose 2.6 percent in January-November from the same period last year, in line with a forecast 2.6 percent growth and faster than a 1.8 percent increase in the first 10 months of 2020.
Private-sector fixed-asset investment, which accounts for 60 percent of total investment, rose 0.2 percent in January-November, compared with a 0.7 percent decline in the first 10 months of the year.
China’s economic recovery looks to be accelerating in the fourth quarter, driven by stronger demand, credit growth, and stimulus measures expected to provide a strong tailwind into 2021.
Factory activity growth hit a more than three-year high in November, an official survey showed, as fewer COVID-19 infections boosted consumer confidence.
Exports also surged at their fastest pace in almost three years thanks to hot demand for personal protective equipment and electronics products for working from home.
However, tougher measures to contain the coronavirus imposed by the country’s trading partners have created shipping bottlenecks, pushing up transportation costs and capping the speed of China’s recovery.
Source: The Jakarta Post


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Can AI chatbots help fill the empathy gap?
Stressed out? Need to talk? Turning to a chatbot for emotional support might help. ComArtSci Associate Professor of Communication Jingbo Meng wanted to see just how effective artificial intelligence (AI) chatbots could be in delivering supportive messages. So she set up the research and used…
Tesla quietly delays Cybertruck to 2022
You’ll have to temper your expectations if you were hoping to drive a Cybertruck before 2021 was over. Electrek notes that Tesla has quietly pushed the release of the electric pickup to next year on its configuration page, telling you that you’ll get to customize…
Microsoft starts publicly testing an Xbox night mode
Don’t worry if you’re determined to play an Xbox game into the wee hours of the morning — those late-night sessions will soon be easier on your eyes. The Verge notes that Microsoft has started publicly testing an Xbox night mode that should make it…
- Pricing & Offers


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China is raising tariffs on $60 billion of US goods starting June 1
Monday - 13/05/2019 09:25
Starting from June 1, China will raise tariffs to as high as 25% on about $60 billion worth of U.S. imports
China will raise tariffs on $60 billion in U.S. goods in retaliation for the U.S. decision to hike duties on Chinese goods.
Beijing will increase tariffs on more than 5,000 products to as high as 25%, the Chinese Finance Ministry said Monday. Duties on some other goods will increase to 20%. Those rates will rise from either 10% or 5% previously.
The move follows President Donald Trump’s decision to raise duties on $200 billion in Chinese products to 25% from 10%. The world’s two largest economies have struggled to ink a trade deal and end a widening trade conflict that threatens to damage the global economy.
The duties in large part target the U.S. agriculture industry, which has suffered from previous shots in the Trump administration’s trade war with China. The thousands of products include peanuts, sugar, wheat, chicken and turkey.
In increasing tariffs on Friday, the White House said China withdrew from major elements of a developing trade agreement. While Treasury Secretary Steven Mnuchin and U.S. Trade Representative Robert Lighthizer met with Chinese negotiators last week in talks Mnuchin called “constructive,” the sides could not strike a deal and have no more talks planned currently.
Trump, who wants to address grievances such as intellectual property theft, forced technology transfers and trade deficits, pushed China to make a deal ahead of its retaliation on Monday morning. In a string of tweets, the president argued the tariffs are “very bad for China.” He said “China should not retaliate” as it “will only get worse!”
“You had a great deal, almost completed, & you backed out!” he wrote of China and its President Xi Jinping.
I say openly to President Xi & all of my many friends in China that China will be hurt very badly if you don’t make a deal because companies will be forced to leave China for other countries. Too expensive to buy in China. You had a great deal, almost completed, & you backed out!


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September 13, 2013
It took a spry teenager to get the Corona del Mar High girls' tennis team into "spry blue" uniforms. Her name is Kenzie Purcifull. At the start of Purcifull's sophomore year, Coach Brian Ricker gave team uniform responsibilities to her mother, Renee. Kenzie saw an opportunity. She already wore the popular Lululemon Athletica apparel line when she played tennis. So why not equip all of the Sea Kings in Lululemon? They weren't tennis uniforms per se - the company describes itself as making yoga clothes and running gear - but Kenzie Purcifull was attracted to the bright colors and aggressive styling.
February 1, 2011
A flurry of new business activity is coming to South Coast Plaza with the announcement of nine new stores coming this year to the shopping center in Costa Mesa, according to a press release. The new stores will include upscale garment retailers Brunello Cucinelli, Diane von Furstenberg, Lululemon Athletica, Madewell and Soma Intimates, accessories retailer Longchamp, watchmaker Omega, and Lego and Microsoft. "This is just the beginning of a very exciting year of welcoming sought-after brands and concepts to our incredible family of retailers," Debra Gunn Downing, executive director of marketing at South Coast Plaza, said in a prepared statement.
July 26, 2004
Local restaurant gets website nod ReNato Ristorante, an Italian eatery in Newport Beach, announced last week it was named one of the top 200 places to dine in Orange County by OC Spots, an entertainment information website. The restaurant reopened Friday after a brief renovation and serves lunch and dinner seven days a week. Firm completes $19-million deal CT Realty Corp., a Newport Beach firm, recently announced it has sold a 130-unit gated apartment development in Orange for $19 million.
July 13, 2005
Andrew Edwards Newport-Mesans don't have to break the bank to see a concert this summer. Fashion Island has hosted summertime concerts since 1967, and six performances are on tap for this year. Music fans can watch any of the scheduled shows for free or choose to shell out $20 for preferred seating. Tonight's scheduled performer is former Three Dog Night singer Chuck Negron. Negron is expected to sing "Joy to the World" and "Mama Told Me (Not to Come)
April 20, 2007
When it comes to Earth Day speakers, John Young offers a different perspective on the planet than most. He has seen it from the moon. Presenting "Preservation and Survival: Space Exploration and Earth's Future" Saturday at the Radisson Newport Beach Hotel, Young brings 42 years of experience as a NASA astronaut to the table, having journeyed into space six times on four classes of spacecraft. Coming to the area for tonight's Newport Beach Film Festival world premiere of "The Wonder of It All" — a documentary offering the personal stories of seven moonwalkers, including Young — the retired astronaut will discuss the development of new technologies that would potentially save the world's population in the case of a catastrophic event, such as the eruption of a super-volcano.
June 14, 2006
Yoga means union ? and what better way to unify then by practicing yoga under sunset skies on Laguna's Main Beach with 20 of your fellow coastal Orange County neighbors? Thanks to one local community-oriented athletic store, you can take part all summer long. Every other Sunday at 7 p.m. on a patch of grass near Main Beach, Newport Beach's Lululemon Athletica is hosting sunset yoga lessons on the beach. "One of the things we hold in high regard is community relations," said James Freeman, of Lululemon.
June 11, 2005
Send AROUND TOWN items to the Daily Pilot, 1375 Sunflower Ave., Costa Mesa, CA 92626; by e-mail to lindsay.sandham @latimes.com; by fax to (714) 966-4667; or by calling (714) 966-4625. Include the time, date and location of the event, as well as a contact phone number. TODAY The Goin' South Band -- musical styles and instruments developed in the South during the last century, including street jazz from New Orleans, mountain tunes from the Appalachians and Zydeco music.
July 18, 2011
TUESDAY Painting Class The Easel Bar, 416 31st St., Newport Beach, hosts a beginner's painting class from 6:30 to 8:30 p.m. Tuesdays. The cost is $45 per session, which includes supplies. Bring your own brush, though. For more information, visit http://www.easelbar.com. Tuesday Trivia Night Live team trivia at Skosh Monahan's Pub, 2000 Newport Blvd., begins at 7:30 every Tuesday night, with prizes for contestants. For more information, call (949) 548-0099. WEDNESDAY Sunset Jazz at Newport Dena DeRose, her trio and Ann Patterson perform from 6 to 7:30 p.m. for the Sunset Jazz at Newport series in the Newport Beach Marriott Hotel & Spa, 900 Newport Center Drive, Newport Beach.
June 11, 2009
Join Bloomingdale’s for a special breakfast with Space NK founder Nicky Kinnaird and yours truly! We’ll be at Bloomingdale’s South Coast Plaza at 10 a.m. June 19 and at Bloomingdale’s Fashion Island at 10 a.m. June 20. Guests can meet us, enjoy a light breakfast, and then sit down for a personal, fun and informative tour of trends in beauty. It’s a rare opportunity to meet British-based Kinnaird, who hand-picks the most coveted and craved beauty items in the world for Space NK Apothecary boutiques.


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Until now, augmented reality has been entering our cities, streets, shops and even our houses and now it is ready to make another step into becoming an integrated part of our lives. An augmented reality sat nav is about to take the car satellite navigation systems by storm, according to its developer, Pioneer.
Known mostly for their digital entertainment products, the Japanese company has recently announced their next generation of sat navs, with an AR head-up display (HUD). Despite the characteristics of many other consumer HUDs which have to be worn either in glasses or in a helmet, this attaches comfortably to the sun visor and delivers a projection 3 metres in front of the driver giving the impression of a 30 inch display.
According to Pioneer, this projection does not interfere in any way with what the driver normally sees through the windscreen and it displays location information as a natural part of the landscape. The new augmented reality sat nav is compatible with various smartphones and even sat nav applications, being able to display navigation instructions, points of interest and live traffic information.
Unfortunately, beyond the projection which does not necessarily need any AR technology to work (unless the position of the digital information is determined by the objects present in the field of view), the only other AR-enabled feature is the red light camera warning. This gives a visual and audio warning to the driver when they approach the red light with a speed higher than the one necessary to stop the car safely.
Pioneer has not released any video or any other test results of this new system in order to prove all the features of the new augmented reality sat nav but we can test it for ourselves in about a month when it will be officially released on the market.
Would you be interested in installing this technology in your car? How much do you think the AR sat nav will improve the way we drive in the future? Please leave your comments below.


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The buyers at the 2014 livestock auction in HenryCounty paid more than $154,000 to support the youth and their animals Thursday at the show arena.
Ruth Wenzinger’s grand champion market hog went for $1,187.
Madelyn Heurman had the champion market goat that brought $2,001.
Kendall Sattler showed the grand champion market sheep, with a total of $1,786.
Kacey Wilkerson had the champion beef market steer for $5,433.
Alexa Diemer showed the grand champion dairy market steer that went for $3,134.
Tyler Wiemken had the champion meat rabbits at a total price of $1,062.
Brock Ranzau showed the grand champion roaster at $324.
And the champion broiler went for $682 with Cody Kaiser.
Matt Rader’s grand champion turkey sold for $961.
Audrey Wiemken had the champion waterfowl that sold for $622.
The gallon of milk brought $7,250; and the horse item sold for $1,535.


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- Public Notices
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Edel's Meat Market is robbed; Reward offered
The Montgomery Police Department responded to a report of burglary at Edel's Meat Market on Monday morning, May 13, after business owner Kevin Odenthal arrived at work and discovered his shop had been broken into over the weekend. Police documented the condition of the store, located at 116 1st St. N, and took photographs of the shop and office, which were both in disarray from the burglary.
Odenthal reported that a laptop computer, some cash, checks and some bacon-wrapped chicken breasts were stolen from the establishment. In the 10 years he has been in business, Odenthal said this is his second break-in and third robbery in just the past three years or so, and he is understandably frustrated.
Of the items stolen, Odenthal is determined to get his laptop back and is offering a reward to anyone who comes forward with information that leads to the arrest and conviction of the thief or thieves.
"You can stay anonymous," he said. "The main thing I'm looking for is the return of the laptop which can just be left behind the shop in a box for all I care. Please inform your sons and daughters to keep their eyes open. Any help would be greatly appreciated."
The case is currently under investigation. Anyone with information is asked to contact the Montgomery Police Department at 507-364-8000 or Edel's Meat Market at 507-364-7710.


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After some very revealing leaks earlier in the year, Amazon is now just days away from unveiling its one-of-a-kind 3D smartphone and the online retailer is already looking for ways to convert customers in a very crowded market. Amazon published a press release on Monday announcing that the Amazon Appstore now contains over 240,000 apps, tripling its content over the past year. Amazon’s digital currency, Amazon Coins, have also been hugely popular with games and services in the Appstore.
Amazon’s Appstore is not only increasingly attractive for users — the development community is growing as well. According to Amazon, the number of developers joining the Appstore every month has nearly doubled since 2013. An IDC survey reveals that 65% of those developers have been reporting the same or higher revenue while releasing apps for the Kindle Fire as they were on other platforms.
“Developers tell us that they experience improved reach, greater monetization, and, oftentimes, higher revenue when they have their apps and games in the Amazon Appstore,” said Mike George, Vice President of Amazon Appstore and Games. “But this is just the beginning—we’re building more services and capabilities for developers and more Android-based APIs based on their feedback.”
As TechCrunch points out, Amazon’s growth is impressive, but the newcomer to the phone market is nowhere close to catching up with the 1 million+ apps on Apple’s App Store or Google Play. That said, the tide could begin to shift if Amazon’s phone is a hit.


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How much would you pay for an original Mr Benn, a Mr Men, or even a Charlie and Lola? For the next two months, visitors to the Illustration Cupboard in London will have the opportunity not only to relive some of their favourite children's illustrations, but also, if their pockets are deep enough, to purchase them.
"Nostalgia is definitely part of the appeal," says the exhibition's curator, John Huddy. "A lot of our clients come back year after year because they see things they remember from their own childhood, and recall it with such affection they want to pass it on to the next generation."
Children's illustration is an area that has been long under-appreciated in the art world, but no more. Much like vinyl is enjoying a comeback in a world of downloads, so the drawn line is looking ever more appealing in the digital age.
"About time too," Huddy says. "Britain has been a world leader in picture books for decades now. I'm glad it's finally being acknowledged."
As a consequence, such works are now becoming recession-proof investments. But it's not an entirely exclusive exhibition: while a Maurice Sendak lithograph of Where the Wild Things Are (the originals are in a museum) could set you back £5,000, there are works here that start from a mere £75.
The 17th Annual Winter Exhibition, The Illustration Cupboard, London SW1 (www.illustrationcupboard.com) to 31 January
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Chinese smartphone maker Xiaomi on Monday announced the opening of three more smartphone plants in India -- along with the company's first Surface Mount Technology (SMT) plant in Chennai that will manufacture printed circuit board assembly (PCBA) units in the country.
Announcing this at the first-ever "Supplier Investment Summit" being held in the Capital, Manu Jain, Vice President, Xiaomi Global and Managing Director, Xiaomi India said that Xiaomi is one of the pioneers in the country to start local assembly of PCBA.
"Xiaomi's high-quality, well-designed products at honest prices have been instrumental in disrupting the Indian smartphone industry. I believe we will continue to play a key role in transforming India into a global manufacturing hub," Jain told reporters here.
Earlier this month, the government imposed a 10 per cent tax on imports of key smartphone components, including PCBs.
The three-day summit was attended by over 50 global smartphone component suppliers, with the aim of helping them set up local manufacturing units in the country.
"If all the suppliers set base in India, this would potentially bring in an added investment of over Rs 15,000 crore and create 50,000 job opportunities," the company said.
The summit was inaugurated by Amitabh Kant, CEO, Niti Aayog; Ramesh Abhishek, Secretary, DIPP and Deepak Bagla, CEO, Invest India.
The three new smartphone plants -- in partnership with Foxconn -- are located across campuses in Sri City, Andhra Pradesh and a new campus in Sriperumbudur, Tamil Nadu. The factories with Foxconn now employ more than 10,000 people, of which more than 95 per cent are women.
"Additionally, all of the assembly work is done by women. The new factories will result in an increased production capacity of two smartphones/second during operational hours," Xiaomi said.
With the first SMT plant dedicated towards local manufacturing of PCBA units in Chennai, Xiaomi has also become one of the pioneers in the country to start local assembly of PCBAs.
PCBA is the process of soldering or assembly of electronic components to a PCB or printed circuit board.
SMT is a method for producing electronic circuits in which the components are mounted or placed directly on to the surface of PCBs.
PCBA is one of the most important components of the smartphone, and contributes to nearly 50 per cent of the value of the phone.
Xiaomi expects to ramp up its PCBA production to close to 100 per cent of its locally-produced phones within the third quarter of the calender year 2018.
According to Tarun Pathak, Tarun Pathak, Associate Director at Counterpoint, Xiaomi's PCBA announcement should make it the second largest brand in terms of value addition in India after Samsung.
"The move should increase Xiaomi's value addition from single digit to close to 15 per cent," Pathak said.
With an overall market share of 26.8 per cent (as per Q4 IDC Quarterly Smartphone Tracker 2017), Xiaomi is also the number one player in the online smartphone segment with 57 per cent market share and the number two smartphone player in the offline space with 11.2 per cent market share.


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IFA 2022 finally invites technology enthusiasts back to the German capital Berlin from September 02 to 06, 2022. After the show’s management team changed in May this year and Jens Heithecker had to clear his post after more than 20 years, IFA 2022 will go ahead as planned and is now launching ticket sales for private visitors.
IFA 2022 ticket sales launched
From September 02 to 06, 2022, technology enthusiasts will be able to see for themselves the latest products, services and trends from leading brands at IFA 2022 in Berlin. In addition, the world’s largest exhibition for consumer electronics and household appliances, according to its own statement, is home to a varied entertainment program for all visitors.
Among other things, autograph sessions with stars from television, top athletes and footballers are promised via live cooking and talk shows. There will also be plenty on offer to visitors in the games and Esports area, while additional music gigs are lined up.
“We are looking forward to finally welcoming our visitors to IFA live again at the Berlin exhibition grounds. For this reason, we have also decided against a ticket price increase this year – despite inflation and increased costs. We would like to thank our visitors in this way for their loyalty and celebrate the new start of the industry together”, says Kai Mangelberger, Director IFA 2022.
Day ticket from 13.00 euros
IFA 2022 will take place for the last time live on the Berlin exhibition grounds, it is added. This follows confirmation after news in March that Berlin could be turned its back. Where the fair from the coming year will be at home, the organizers do not reveal.
But they did reveal the ticket prices for private visitors, which will be based on the prices from 2019 in terms of pricing. In contrast to gamescom 2022, whose ticket prices were drastically increased this year, everything will remain the same at IFA 2022. In concrete terms, this means that discounted day tickets will be available in advance from 13.00 euros. Regularly, a day ticket will then cost 17.50 euros.
- Day ticket IFA (price during the IFA) 17.50 euros
- Day ticket reduced (advance booking only) 13.00 Euro
- Family Ticket (advance booking and price during IFA) 36.00 Euro – 2 adults and three children
- 3 for 2 Group Ticket (advance booking only) 26.00 euros
- Reduced pupils / vocational school students / students 9.00 euros
Tickets for IFA are available exclusively online at the Ticket Shop. The discounted admission price is valid for bookings made no later than September 01, 2022. For more details on IFA 2022, visit the official website of the show.


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Fanatics, based in Jacksonville, Fla., was founded in 2002 by brothers Michael Trager and Alan Trager. Michael Rubin is the company’s chairman and CEO. The company, which was last valued at $31 billion in December 2022, is a global digital sports platform for purchasing team apparel, jerseys, headwear and hardgoods. Merchandise can be accessed online, via mobile, in flagship stores, in stadiums, and on-site at the world's biggest sporting events.
In January 2022, Fanatics purchased the Topps trading card business for a reported $500 million. And in December, The Wall Street Journal reported that Fanatics had raised an additional $700 million in funds from a group of backers including private-equity firm Clearlake Capital Group and investment firm LionTree. Much of the funding will reportedly be used to finance additional takeovers.
These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.


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Chinese Big Buyer—China Merger 2.0 Makes Its Debut
Wang Yunfan, CEO of Morning Whistle Group, along with a number of senior leaders from award-winning enterprises, unveiled China Merger 2.0 version—an online M&A transaction platform owned by Morning Whistle Group, marking the official launching of its latest version. According to Luo Xiaojun, vice president of Morning Whistle Group, China Merger was a platform for global tradable assets information releasing and matching up. As such a platform, China Merger consisted of six major functional modules, namely, Seller’s Tools, Buyer’s Tools, Tools for professional agencies, User Center, Transaction Development, as well as Subscription Services. Users could make full use of this platform to achieve a variety of purposes, such as listing, managing certain businesses for sale or requirements from buyers, realizing online matching up, releasing and searching for professional service information, as well as subscribing information. Through powerful channels, China Merger successfully established global partnerships with numerous global institutions, among which were business promotion governmental agencies from different countries, industry associations, well-known law firms, investment banks, as well as PE funds. On the premises of security and confidentiality, China Merger had provided its users with batches of information concerning global tradable assets.
Dieser Post ist auch verfügbar auf: Vereinfachtes Chinesisch


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Pesticides found on much of supermarket fresh food
Much of the fresh fruit and vegetables sold in big supermarkets has detectable pesticide residues including substances suspected of interfering with the hormone and nervous systems, Friends of the Earth warned yesterday.
The survey by the environmental group, based on data published by the Government's Pesticides Safety Directorate between 1998 and 2001, found that at least 40 per cent of fruit and vegetables sold by the top nine British supermarkets contained the residues.
Sandra Bell, a pesticide campaigner for Friends of the Earth, said there was "too much hype" from supermarkets about their plans to cut pesticide use, and not enough action. "Only the Co-op and Marks and Spencer have made a real commitment to getting pesticides out of their food," Ms Bell said.
But the supermarket chain Somerfield, which emerged worst from the analysis, with 60 per cent of its produce said to be affected, accused the group of causing unnecessary concern for consumers.
The Food Standards Agency (FSA) also criticised the analysis, pieced together from the Government's own research on samples of fruit and vegetables taken randomly from the main supermarkets, because it did not mention that the residue levels never exceeded recognised safety limits, and only exceeded the "maximum residue level" (MRL) set by law in a handful of cases.
But Ms Bell said: "Even at low levels, there's cause for concern. We get exposed to a whole cocktail of pesticides, but they only test for them individually. We need to be concerned about total exposure."
The FSA did admit that its long-term aim, set in June, is to reduce the level of pesticide residues in food to zero – leading Friends of the Earth to call on the Government to put more funds into helping British growers produce residue-free food.
The short-term harm from the report, rather than the produce, could be substantial, Somerfield argued. "This will increase consumers' concern about these foods at exactly the time when people should increase the amount of fresh fruit and vegetables that they eat," said Peter Williams, chief spokesman for Somerfield. "We have just relaunched our 'five-a-day' campaign to get parents and children into the habit of eating five daily helpings of fresh fruit and vegetables. We need more understanding on residues, but the evidence overall is that a healthier diet is better for a healthier nation. There's a real danger that this will dilute that message."
Ian Brown, chairman of the Government's pesticides committee, told BBC Radio 4's Today programme that the MRL "isn't a safety level, it's a level set by good agricultural practice". He said that fruit or vegetables that tested within that level had a safety margin of "hundreds or even thousands. So the fact there is a residue there has no impact on health at all, even for vulnerable groups like toddlers."
Since the beginning of last month, new regulations have prohibited pesticides in processed baby food, a recognition, said Ms Bell, that infants need special protection. "But the same rules do not apply to fresh food, it seems," she said.
An FSA spokeswoman said it was meaningless to release a survey without mentioning how many samples exceeded the MRL. "You can't just remove pesticide residues," she said. "It's something that has to be done by the method of growing it." But she agreed that the agency had set itself a target of reducing the amount of residue – in effect, the MRL – to zero in "years, not decades". The present level is set by growers, she said, who determine what they will be able to achieve.
The latest quarterly figures released yesterday by the Department of the Environment, Food and Rural Affairs showed that 17 per cent of food samples tested had residues, compared with an average of 45 per cent for the whole of 2001.
However, only 1 per cent of the samples, 11 out of 1,041 tested, were found to contain pesticide residues above the MRL. Somerfield has issued a leaflet to all of its stores intended to reassure customers that there is no danger from eating its produce.
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As a white man, I'm surprised more women aren't tweeting the hashtag #KillAllWhiteMen
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Gay marriage 'Bert and Ernie' cake bakery found guilty of discrimination in Northern Ireland
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Higher Inflation Will Have Dire Consequences
Higher-than-normal inflation is coming to the U.S. The writing is on the wall. Be very careful. High inflation will have dire consequences and may not end well.
You see, over the past decade or so, the U.S. The Federal Reserve was printing money and that money was going to the banks, just sitting there. has been printing money and keeping interest rates low. This has created all sorts of monetary inflation. The money supply has gone through the roof. In 2020, the Federal Reserve increased the pace of its money-printing further. In fact, it wouldn’t be wrong to say the Fed’s actions were like throwing gas on a fire.
As the Federal Reserve was printing money, the U.S. government was spending without remorse and racking up immense budget deficits. In 2020, the government accelerated its spending. That spending was needed because there was a pandemic, and if nothing was done, we would have had an absolute economic collapse.
Inflation Follows When Money Moves Around
So, where does inflation fit in here?
Economics 101: Inflation happens when there’s a lot of money in the economy and it moves around.
Over the past decade, there was one thing missing: money was not moving around. Why? Even though the Federal Reserve was printing money, that money was going to the banks, just sitting there. It was not moving around.
Now the situation is completely different. During the COVID-19 pandemic, the money has actually gone into average Americans’ hands. This did not happen after the financial crisis of 2008–2009. Plus, there’s a chance that even more money will flow to them as part of the stimulus package from the Joe Biden administration.
When Americans have money in their hands, they go out and shop, and this moves the money around. In turn, we could get higher-than-normal inflation.
Look at the Bond Market to See Where Inflation Is Headed
Dear reader, inflation may not be talked about much in the mainstream media these days, but it shouldn’t be overlooked.
As I write this, the bond market is panicking and saying there’s high inflation ahead.
Look at the chart below; it plots the 10-year breakeven inflation rate. The chart shows what bond market participants think the inflation rate will be. Keep in mind that inflation is one of the biggest enemies of the bond market. Therefore, bond market participants keep a close watch on it.
(Source: “10-Year Breakeven Inflation Rate,” Federal Reserve Bank of St. Louis, last accessed March 1, 2021.)
As per the most recent reading, the bond market thinks inflation is going to be around 2.15%. This is much higher than what the Federal Reserve says it will be.
But don’t get too fixated on that number. Pay more attention to the speed at which inflation expectations increase. Around the same time last year (March 2020), the bond market anticipated that inflation in the U.S. economy would only be around 0.5%.
The change from 0.5% to 2.15% is significant. The increase in inflation expectations wasn’t that severe even after the financial crisis of 2008–2009.
Why Inflation Matters & Why You Should Be Concerned
Inflation is a silent tax on your wealth, income, and everything else.
If high inflation is ahead, the Federal Reserve will need to do something to curb it. The only weapon the Fed has is interest rates. If inflation surges in the short term, the central bank could be forced to increase interest rates. This, in turn, could break something. The economic system is over-leveraged, and interest rate hikes could hurt those who have a lot of debt.
I will end with some food for thought: If inflation unexpectedly surges and the Fed is forced to raise its interest rates quickly, could it cause a financial crisis?


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Peru Gaming Show: the countdown has finally begun, just one month after the event, the world Gaming is getting ready to experience the emotion of Lima-Perù
Peru Gaming Show, it’s close to going on stage! Only one month to go until the event scheduled for June 19th and 20th at the Jockey Exposition Center in Lima, Peru.
As per tradition, the show will not be lacking with many topics of great interest to the players’ community.
Important will be the interventions of sector experts who will provide advice and ideas on how to invest in online or terrestrial gaming in Peru, on security in gaming operations, taxation and its effect on industry, money laundering and sports betting.
A announced success, enriched by the many and already numerous present confirmed!
We invite you to pre-register online at www.PeruGamingShow.com and secure your seat in advance.
After the conferences, proceed to visit the showroom with all the latest news and the best that the industry has to offer.
Companies around the world will showcase their latest products, including the latest technologies available and which are the hottest and most popular products that customers require.
All this and much more will be provided in a safe, comfortable and very fun environment, making the event a must.
Visit PGS2019 on 19 and 20 June and take the opportunity to taste the excellent cuisine that Peru has to offer immersed in sensational and touristic places: beaches, majestic mountains and Amazonian jungles.
The Betting Coach (www.thebettingcoach.com) is ready to experience all this as an official media partner of the event, at the forefront of innovation and information, immersed in the splendid setting that only Peru is able to offer
Register online and secure your place at PGS 2019. We look forward to having you with us.


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Admittedly, perhaps this isn’t the place to tell you about the problems of debt laden Turkish corporates such as Turk Telekom, or big foreign investors pulling their money out of Turkish bonds and equities, and why these things matter, but rest assured these things are happening and they do matter.
In this report we are going to park these issues and instead we are going to look at some of the economic factors that resonate with the ordinary person on the streets of Kalkan. Inflation, exchange rates and interest rates.
Inflation - CPI
The rate of inflation is high and the trend is not good. Inflation as measured by the Consumer Prices Index was 15.85% in July 2018, the highest rate since January 2004. It’s been double digit, or very close to double digit inflation for the last 18 months. Some experts predict it will stay at this level until at least the year end.
There have been significant increases in the cost of food and drink (e.g. bread, butter, milk, eggs and meat); housing costs; utilities - especially electricity; home furnishings and eating out. Just last month the Turkish government added a 15.5% special consumption tax to alcoholic drinks. (Between 2003 and 2018, according to TUIK the price of rakı has increased by more than 700% and beer by more than 600%, due mainly to taxes).
Transport costs are also increasing (up 24% year on year) as the price of imported fuel goes up. A litre of unleaded petrol will now cost you around 6.33 TL. Interestingly at the current exchange rate a litre of unleaded in the UK is more expensive than Turkey - the equivalent of 8.50 TL.
Below: CPI in Turkey over the last ten years.
Again the direction in which the Turkish lira has been heading is not helpful. The lira has been weak over recent times and has lost significant value against the major currencies, including the US$ and the British pound.
Last week we exchanged sterling for Turkish lira and got a rate of 6.6. Ten years ago the rate was 2.2. Only 12 months ago the rate was 4.6 which means the Turkish lira has lost around one third of its value in a year.
Data from www.xe.com
The weak lira is unhelpful because it creates uncertainty and feeds through into higher inflation as imported goods cost more. For people visiting Turkey on holiday there is a short term gain - you get more lira to spend for your pound, but this benefit is offset by the generally higher costs of goods and services.
If you’re a saver in the UK you will no doubt be already planning how to spend all that extra interest you are going to get as a result of the Bank of England’s increase in Base Rate last week from 0.5% to 0.75%. Whoopee do!
Meanwhile over here in Turkey savers do a little better. The interest rates available are in the region of 18% gross. We are almost getting back to those heady days at the start of this century when rates were above the 20% mark.
Despite the President of Turkey famously saying in May 2018 that interest rates were "the mother and father of all evil" (presumably meaning high interest rates), it seems quite likely that the Central Bank of Turkey is going to have to increase rates still further to meet market expectations.
If you're an expat you are probably only interested in rates for savers, but spare a thought for Turkish people and businesses who are borrowing lira. In general terms what you are earning on savings they are paying on loans (plus a fair amount more).
The combined effect
Looking at inflation, exchange rates and bank interest rates is interesting but you have to combine all these factors together to get the whole picture. We are going to look at this from the perspectives of Turkish individuals and businesses; expats and visitors to Kalkan.
1. Turkish individuals and businesses
The perfect storm of high inflation, high borrowing costs, adverse exchange rate movements and for the previous two years decreasing tourism revenues has had a major impact on the local economy. The one positive this year is that at least visitor numbers are bouncing back, which means more money coming in to the local economy.
Locally over the last few years incomes have not been keeping pace with rising costs. A number of people have spoken to us about how their day to day shopping and routine bills have become much more expensive, and things like running a car or a scooter are hitting people hard in the pocket (petrol and insurance costs). Managing a household budget is not easy.
It’s expensive to borrow Turkish lira but many individuals and businesses have had to borrow to help them through the dip in tourism over the last two years. Many are still servicing those debts and with borrowing rates typically between 20% and 30% it is a significant challenge. (And to think some people in the UK were complaining recently about the Bank of England raising Base Rate by a quarter of one percent to 0.75%). As well as bank borrowing there is a high level of inter-business debt in Kalkan.
To make matters worse some local businesses borrowed in foreign currencies thinking they would benefit from much lower interest rate charges. Sadly this has backfired spectacularly because adverse exchange rate movements mean they now owe much more than the original amount borrowed, when converted back into Turkish lira.
For example, if a debt of 100,000 TL was converted to US$ in August 2017 the amount of that loan would have been US$28,300. At current exchange rates they now owe the bank the equivalent of 144,000 TL - 44% more than the original amount borrowed. It's not just local businesses that have been caught out, many big corporates in Turkey did exactly the same but on a massive scale and they now have massive problems. Read more about it here.
So in summary many Turkish people and businesses really are feeling the negative impact of these challenging economic conditions. Sadly, some businesses have already failed. Others are pinning their hopes on this year’s tourism bounce-back which will undoubtedly help. But will it be enough? Let's hope so. Time will tell.
Below: Tourism numbers in Turkey. So far 2018 is better than 2016/17 but still below 2014/15 levels.
2. Expats *
For expats it’s a case of swings and roundabouts. If you live in Kalkan you will undoubtedly notice the rate of inflation when you go shopping, pay your monthly bills or go out for a meal. But the degree to which you really feel any worse off depends on where your get your income from.
If your income is in sterling, perhaps a UK pension, then as things stand right now you are getting considerably more lira for your pound and so you are better off than a year ago. In August 2017 £100 would have got you 460 TL. Today £100 will get you 660 TL - that’s 200 TL extra or an increase of over 40%. Even though inflation is almost 16% you’re still considerably better off.
If you are living off your savings in Turkish lira it’s not such a rosy picture. Interest rates are similar to the rate of inflation, so you are at best standing still. You will have to dig deeper into your interest and/or capital to pay higher shopping bills and other living expenses.
Looking at the last ten years British citizens who converted their savings into lira have been doing pretty well. Admittedly it’s been a balancing act. On the one hand the rates for savers are very good; on the other hand the sterling value of your capital invested has been eroded by exchange rate movements.
This latter point is really only an issue if you are contemplating repatriating your savings to the UK, otherwise it’s only a theoretical loss on paper. Tracking this over the last ten years we have calculated that those who have been saving in this way (in Turkish lira) have been ahead of the game. In other words, any reduction in the sterling value of your capital has more than been offset by interest earned. This is even more the case if you have been reinvesting your interest rather than taking it out, as you get a compound effect (earning interest on your interest).
But the massive exchange rate movement seen this year is a game changer and the balance has now swung the other way. We are now in a net deficit scenario. Ideally savers would like to see a lower exchange rate but still benefit from those relatively high interest rates. What will happen next is impossible to say. Ten years ago we could never have contemplated an exchange rate of 6.6 lira to the pound so who knows? Anything could happen.
We are not going to cover the subject of property ownership in this report. That's a whole different subject.
3. Visitors *
For British citizens visiting Kalkan it’s a similar swings and roundabouts scenario. As we have already pointed out you are getting considerably more lira for your pound - 40% more than a year ago. However prices have gone up in Kalkan. In theory it should be around the rate of inflation but the reality is it could be more.
Things that are costing more:
If you do self-catering you will notice that food shopping is more expensive, as described above.
Eating and drinking in restaurants and cafes
Many restaurants, cafes and bars increased their prices for the start of the season and many are continuing to adjust prices upwards as the season continues. In part this is undoubtedly due to the ever increasing cost of supplies plus staff wages and social security costs - not forgetting increased taxes on alcohol.
Given Kalkan's visitor profile some of the increases may be calculated to factor in a share of the tourist's 'windfall' benefit from exchange rate movements. But remember there are over a hundred places to eat and drink in Kalkan so competition is keen and pricing reflects this.
Some restaurants are pricing in sterling (or euros) as well as lira. If you are paying a bill that shows the price in different currencies, and you are thinking about paying in a currrency other than Turkish lira it's not a bad idea to check the exchange rate being used for the calculation.
Have prices gone up? Definitely. But when we reflect on the cost of eating out in the UK and in other European resort destinations, and also bearing in mind the quality of the food and the standard of service, we have no hesitation in saying that Kalkan restaurants, cafes and bars are still a cut above the rest and represent excellent value for money. You can still eat out cheaply in Kalkan if you want to. There is plenty of choice for all budgets.
The picture here varies a little depending who you ask but everyone agrees that demand has increased this year compared to last year. We are still not back to 2014/15 visitor levels though.
The supply of property rentals to foreigners has shrunk as some owners have pulled out of the rental market due to recently introduced paperwork required by the Turkish authorities. This is counterbalanced by an increased supply in accommodation geared primarily at the domestic market - notably in some of the villages close to Kalkan. Many would say there was oversupply in the market anyway so the impact of any shrinkage will be slight.
Theoretically with increased demand and let’s assume a similar level of supply, prices should firm up. And this is what appears to have happened in Kalkan this year. Many owners have at least maintained their advertised prices at last year’s level and have not felt obliged to give the same levels of discount as last year. We know that quite a few have made modest increases. Many have said they plan to increase prices in 2019.
So for the holidaymaker in Kalkan this year you may see a small increase in accommodation costs, but not a massive one.
One final point to mention is that most accommodation in Kalkan tends to be priced in sterling (at least for the foreign market). If you exclude charges made by online booking agents most operating/maintenance costs for the owners of Kalkan properties are payable in Turkish lira, so even if they keep rental prices the same as last year they are effectively getting lots more Turkish liras for their pounds. Do bear in mind however that property owners are feeling the impact of high inflation and they also have to pay new administration charges so any 'windfall' from the exchange rate is probably already spent.
It’s good that the flight and tour operators are increasing capacity this year, but anecdotally flights are more expensive then last year. It is possible to grab bargains if you are flexible on dates and times but the consensus seems to be that generally speaking flights to Turkey are not so cheap this year.
There are many independent travellers coming to Kalkan but do bear in mind that package deals can sometimes be excellent value too.
Petrol has gone up in price and so have taxi fares. If you get an airport transfer or hire a car, or even go on a day trip somewhere there is a good chance it will be priced in sterling. If you are paying the same sterling price as last year the business is now effectively getting 40% more Turkish lira. Perhaps you could call that a win win situation - you pay the same, they get more.
It’s worth reiterating that Kalkan (and Turkey in general) remains an excellent 'value for money' holiday destination when compared to neighbouring eurozone countries. On balance you will still get more for your money here compared to similar eurozone resorts where the exchange rate is now giving you less euros for your pounds.
A new plan for the economy
It's nice to be in the Kalkan bubble but the Turkish economy affects us all. Persistent high inflation, the collapse of the currency and high borrowing rates are impacting more on Turkish individuals and businesses than any foreigners.
Many independent financial commentators have expressed less than complimentary views on how the Turkish economy has been run over recent times. Credit ratings agencies such as Standard & Poor's, and Fitch have recently downgraded their credit ratings for Turkey, which is a reflection on how the economic prospects are looking right now. Turkey desperately needs a plan to deliver it from its current economic woes.
As it happens the President of Turkey has recently announced a new 100 day plan which aims to do just that. It appears to mostly focus on capital spending projects, but it is reported that there will also be support for Small and Medium Sized Enterprises (SMEs). The President is predicting single digit inflation some time in 2019. Let’s hope this plan works. We all wish to see a better economic future for the people of Turkey.
Love KTLN. Love Kalkan.
Independent. Comprehensive. Reliable.
Kalkan Turkish Local News - your window on Kalkan Turkey
* We know that expats and visitors come from different countries but as ever KTLN tends to focus on British citizens. That's our usual scope and area of knowledge.


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Technicolor reached an agreement with Warner Bros. Entertainment to represent the studio as its exclusive IP licensing agent.
Paris (France),16 October 2014 –Technicolor(Euronext Paris: TCH; OTCQX: TCLRY) today announces that it reached an agreement with Warner Bros. Entertainment to represent the studio as its exclusive IP licensing agent (outside of patent pool licensing programs) to capture the value of the studio’s patent portfolio.
Technicolor is a strategic partner for Warner Bros. in a broad number of areas; specifically, packaged media and initiatives related to technology and licensing. This agreement reinforces the licensing relationship between the two companies initiated as founding licensor members of the Premier BD™ patent pool, which offers to the industry a comprehensive package of essential patents related to Blu ray™, an area in which Warner Bros. and Technicolor have successfully partnered since 2010.
Warner Bros. will rely on Technicolor’s successful track-record of monetizing its portfolio of intellectual property and partnering with technology leaders to grant licenses to applicable industries on their behalf. Technicolor will bring both its licensing expertise, backed by its understanding of the entertainment industry ecosystem and its commitment towards the success of its Hollywood partners.
Through this agreement, Technicolor confirms its ambition to be a technological and licensing partner for its customers.
Technicolor, a worldwide technology leader in the media and entertainment sector, is at the forefront of digital innovation. Our world class research and innovation laboratories enable us to lead the market in delivering advanced video services to content creators and distributors. We also benefit from an extensive intellectual property portfolio focused on imaging and sound technologies, based on a thriving licensing business. Our commitment: supporting the delivery of exciting new experiences for consumers in theaters, homes and on-the-go. www.technicolor.com
Technicolor shares are on the NYSE Euronext Paris exchange (TCH) and traded in the USA on the OTCQX marketplace (TCLRY).


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Apple Music's Royalties Look Just Like Everyone Else's
Now that it's actually paying, Apple Music's royalty scheme looks just like that of any other streaming service.By Evan Thomas | June 25, 2015
You probably heard how Apple changed its tune after that angry letter from Taylor Swift, and announced it would start paying royalties to artists during its three-month Apple Music trial period.
Now we have a number to go with that, thanks to The New York Times: 0.2 cents per play. It’s not a lot, but it has some important implications.
The Times explains: record labels like that one-fifth of a penny because it will make being on Apple Music worth the time and effort for artists from the start. This includes Swift, who is herself signed to the independent Big Machine Label Group.


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In this episode of TalkCentral, Duncan McLeod and Regardt van der Berg are joined by ICT industry “warhorse” Richard Fearon to chat about the week’s big technology news, including the stunning financial
Browsing: Richard Fearon
Tour2.0, an online tourism start-up that has created curated South African travel “experiences” aimed at both foreign tourists and locals interested in finding more about the country, has revealed plans to expand into at least five
US navigation specialist, the Nasdaq-listed Garmin, is setting up shop in SA. The company has signed a letter of intent to acquire its local distributor, Garmin Distribution Africa. Terms of the deal have not
There’s finally some good news for people tired of sitting in endless traffic jams. Altech has concluded a deal with the SABC that will allow Garmin and other manufacturers of GPS-based personal navigation devices (PNDs) to begin providing real-time traffic data to SA subscribers for the first time.


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MedMen Enterprises announced that New York's Department of Health has approved MedMen's request to manufacture and sell cannabis-infused lotions and topical pain-alleviating sprays for qualified medical marijuana patients. MedMen's four stores in New York currently offer vaporiser pens, tinctures and gel caps in five different formulations. Earlier this year, the state also approved MedMen adding ground flower in the form of metered pods to its product selection.
MedMen is one of only 10 companies licensed to manufacture and sell medical marijuana in New York. In April, MedMen opened its flagship store on Fifth Avenue, only one of three licensed dispensaries in Manhattan. MedMen operates a cultivation and manufacturing facility in Utica, New York, and four dispensaries statewide. The company operates licensed facilities in California and Nevada, and recently signed a definitive agreement to acquire the assets of Florida-based Treadwell Nursery, including rights to open 25 stores in that state.
New York continues to expand its medical marijuana program. Recently, State Health Commissioner Howard Zucker filed emergency regulations allowing cannabis as a substitute for opioids, making medical marijuana legally accessible to patients currently using prescription opioids to treat severe pain.
We have said from the start that we love the MedMen branding and positioning – market leaders in those areas. However, their execution to date is still unproven and the valuation is simply ridiculous ($1.74bn at time of writing). However, their move into Florida and strong positioning on the East Coast do make us very bullish on their long-term future. We continue to monitor closely from the sidelines but have yet to take a position.
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