KENTVILLE, N.S. – A Nova Scotia court martial heard contrasting views from witnesses Monday on whether a white reservist’s use of the word “nappy” to describe a black co-worker’s hair was intended as a racial slur.Cpl. Garett Rollman pleaded not guilty Monday to a charge of striking his superior officer on the hand and two charges of “conduct to the prejudice of good order and discipline.”Prosecutors said Rollman made an inappropriate comment to civilian worker Cheryl Richard about black hair styles in a kitchen at the military base in Aldershot, N.S., in late February 2016.Richard said Monday her co-worker told her about a video that he’d viewed where a black woman was sponging her hair due to it being “nappy.”“I said, ‘Excuse me,’ and he said, ‘Nappy hair, you know like yours,’” she said, adding she immediately left the area, upset by the comment.Richard testified the term is “a racial slur they used a long time ago saying that black people have knotty hair because they didn’t have the means of working with their hair. It’s a racial slur that white people use.”However, Sgt. Christopher Jones, the senior non-commissioned officer in the unit, testified that as a black man and a supervisor of the two workers, he didn’t believe that Rollman was using the term as a slur.Jones said he believed Rollman had been explaining in a pleasant way that he and his black girlfriend had been watching a program about hair styles, and Rollman may not have understood Richard was offended by his description of what he saw.“He was trying to explain something nice … because nappy hair means style,” Jones testified, adding the term can have various meanings in different contexts.He said that Richard had a long-standing conflict with Rollman, to the point where the two were assigned to work on separate shifts for several years, and he testified Richard had taken the opportunity to “go after him (Rollman).”The prosecution alleged that the following day Rollman was standing near Richard when he pushed a garbage container across the kitchen and shouted insults and profanities at her.Richard testified she went from the kitchen area to a room where Sgt. Earl Smith — the second in command of the area — was sitting and told him about the incident.The prosecution alleges that Smith stood up, and “Cpl. Rollman hit the sergeant’s hand out of the way and took up a boxer’s stance,” before more yelling ensued and Rollman left Smith’s office.Sharon Angel, another civilian employee, testified Monday she witnessed Rollman and Smith yelling, and she saw Rollman raise his hand.She said she heard Smith yell, “Don’t you hit me!” but she couldn’t see if Rollman actually struck his superior.Capt. Greg Moorehead, the military prosecutor, told the court during his opening statement that Rollman’s behaviour breached military law.“None of this behaviour is acceptable, your honour, particularly in a disciplined and professional military,” he said.During defence cross examination, Richard told the court that she had “sometimes” complained about Rollman’s behaviour in the past, and confirmed he had launched a workplace harassment complaint against her prior to the incident.During opening statements, military defence lawyer Lt.-Cmdr. Brent Walden had asked for the case to be adjourned. He said the court needed time to find Smith, who has left the military and hasn’t responded to emails from the prosecution requesting his presence.The presiding military judge ruled that the case could proceed, noting a week has been set aside for the case.However, she also took note of the defence’s concerns over the absence of a key witness in the case.Follow (at)mtuttoncporg on Twitter.
TEMISKAMING SHORES, Ont. – Ontario provincial police say a woman has been charged after officers rescued a child locked in a hot car.Police say they received a call Wednesday afternoon reporting a small child locked in a vehicle in Temiskaming Shores, Ont.When officers arrived, they were told the child had been in the vehicle for approximately 20 minutes.The officers broke a window and rescued the child from what they described as “extreme heat.”The child was taken to hospital for treatment of non-life threatening injuries.A 20-year-old woman is charged with failing to provide the necessaries of life and is to appear in court in Haileybury, Ont., on July 24.
By Sarah Goodman & Sebastian Bouknight“We had a month of perfect sunshine, until today,” remarked a Moroccan woman under an umbrella awaiting King Mohammed VI and Pope Francis II on Saturday, March 30 at the Tour Hassan Mausoleum.It was a testament to the power of faith that the weather did not deter the men and women who dutifully waited for hours in the rain for the chance to see the leaders, both of whom serve as political and religious heads of state. During Pope Francis visit to Morocco, the crowd awaiting the motorcade stood with umbrellas, crouched under plastic tarps, shielded themselves with seat cushions, or stood stoically in the rain.A convoy carrying the two monarchs made its way through the streets of Rabat to the Royal Palace; the flags of Morocco and the Vatican fluttered above the roadways and from the mausoleum flagpoles.Security was tight, and guests filed through metal detectors before entering the walled enclave. Equally dutiful onlookers—many were Moroccans who arrived in the morning on a series of buses—packed the sidewalks or watched from awnings on the streets opposite.Mohammed VI spoke first, espousing tolerance and dialogue between “the three Abrahamic religions.”“The reason they exist is to open up to one another and to know one another, so as to do good to one another.”Speaking at different points in Spanish, Arabic, English, and French, the King decried what he referred to as “the phenomena of radicalization.”“What all terrorists have in common is not religion, but rather ignorance of religion.Today, religion should no longer be an alibi for ignorant people, for ignorance or for intolerance.”Pope Francis, addressing the expectant listeners, corroborated the King’s vision, denouncing extremism a negation of religion rather than an expression of it: “[extremism] is an offense against religion and against God himself.”The mood felt expectant, even celebratory: choruses of ululating and choir hymns were both audible over from the people assembled.Morocco is a Muslim-majority nation and many of the country’s Catholics are from other parts of Africa or the world. Speaking to Morocco World News, a young Catholic woman from Guinea-Bissau shared that she was “very happy,” despite the cold and wet. Shuffling her feet to keep warm, she animatedly shared that she lives in Marrakech and made the trip for the purpose of seeing and hearing the pope speak.This sentiment was echoed by another woman from Burundi, who said in an interview that it was an unexpected “pleasure” to hear the pope, an experience she had not expected to have during her two years in Morocco.The pope later made a visit to the offices of Caritas, a Catholic charitable organization, to discuss the plight of migrants in Morocco.
Terje Roed-Larsen, the Secretary-General’s Special Envoy for the Implementation of Resolution 1559, met yesterday with Mr. Mubarak, to whom he gave a letter from Ban Ki-moon about the situation in Lebanon, UN spokesperson Michele Montas told journalists today.Mr. Roed-Larsen also met with Amr Moussa, the Secretary-General of the Arab League, to discuss the current impasse inside Lebanon over the country’s presidential election.After his discussions with Mr. Mubarak, Mr. Roed-Larsen told the press in Cairo that Egypt and the UN share the same deep concerns about the stalemate in Lebanon.Resolution 1559 also calls for the strict respect of Lebanon’s sovereignty, territorial integrity, unity and political independence under the exclusive authority of the Lebanese Government. 3 March 2008The United Nations envoy tasked with helping implement the September 2004 Security Council resolution that calls for free and fair presidential elections in Lebanon without interference from foreign influences and for the disbandment of all militia groups operating in the country has held talks in Cairo with Egyptian President Hosni Mubarak.
In the email sent to Clinton by Burns Strider, he says people on the ground both with the World Bank and the IMF believed the LTTE need to be completely defeated and any collateral damage inflicted on private people by Mahinda Rajapaksa’s Government in the process was ok. The email showed that Clinton had written to her then Deputy Chief of Staff Jake Sullivan, and sought clarification on an email sent to her by Burns Strider, a onetime Senior Advisor and Director of Faith and Values Outreach to Clinton, with regards to Sri Lanka. Other 2009 emails related to Sri Lanka include statements on Sri Lanka she had approved and requests for telephone conversations with Canada to discuss the situation in Sri Lanka and also for a telephone conversation with then President Mahinda Rajapaksa. (Colombo Gazette) Emails of former US Secretary of State and 2016 Presidential candidate Hillary Clinton, placed on the public domain last week by the US State Department, have revealed some of the correspondence she had on Sri Lanka in 2009 during the critical stage of the war.In one such email, Clinton was told that the IMF had, during the final stages of the war, slammed her in a conversation the IMF had with Timothy Franz Geithner, the then United States Secretary of the Treasury, for ordering the IMF to suspend funding to Sri Lanka.
Ms Moody-Stuart said that while the Russian families who send their children to private schools in the UK tend to be extremely wealthy, the Chinese families tend to be more middle class. “Many of the Chinese students do not speak English. But they are very bright, they work very hard, they’re very ambitious,” she said. The ISC census also showed that private school fees have risen by more than the rate of inflation, with families now paying out more than £5,700 a term on average. Average fees have risen by 3.4 per cent compared to last year, according to the Independent Schools Council’s (ISC) latest annual census, while inflation stands at 2.5 per cent (CPI).The ISC said this was the lowest rise since 1994, adding that many pupils who attend its schools receive financial assistance. Want the best of The Telegraph direct to your email and WhatsApp? Sign up to our free twice-daily Front Page newsletter and new audio briefings. Diplomatic relations between Russia and the West have taken a turn for the worse in recent years.Now it seems that the Cold War has now extended to private schools, as the number of Russian children sent to British schools has almost halved over the past two years.The number of Russian students whose parents live overseas has been steadily growing since 2007 but has dropped sharply over the past two years, according to the Independent School Council’s (ISC) annual census.In 2015, there were 2,795 Russian pupils at the UK’s private schools, but this has now dropped to 1,699, the latest figures show. Meanwhile, the number of Chinese students attending fee-paying schools has soared in recent years.Grace Moody-Stuart, director of Good Schools Guide education consultants, said that wealthy Russian families have historically been attracted to British boarding schools for the prestige associated with an all-rounded education. “If they live overseas they will be sending their children to prestigious British boarding schools. They want the sport, the art, and everything that is excellent about that education,” she said.”It is also a chance for children to immerse themselves in the English language, and to have access to top universities whether in the UK, the US or Canada.”
Latest issue of International Mining Project News available (December 4):This week, International Mining attended the 7th Fennoscandian Exploration and Mining conference in Rovaniemi, Finland. Delegate attendance at FEM 2009, one of the largest exploration and mining conferences in Europe, exceeded all expectations. It is the seventh in a series of conferences held every second year, focusing on exploration and mining in Fennoscandia. Big news included First Quantum Minerals approving the development of the Kevitsa nickel-copper-PGM. It is one of the world’s major undeveloped sulphide nickel deposits and one of the largest mineral discoveries in Finland’s history. Mid-central Lappland is a hot area even in the winter! Also, Agnico-Eagle is finding more gold at its Kittila gold mine and Belvedere Resources announced a maiden resource estimate on its 100% owned, Hirsikangas Gold Project in western Finland. A full report on FEM will be published in a forthcoming issue of International Mining.Some of the highlights of IMPN include Xstrata Queensland, a wholly owned subsidiary of Xstrata, entering into an agreement with Zijin Mining Group in respect of Xstrata’s 19.9% stake in Indophil Resources. Under the terms of the agreement, Xstrata has agreed to sell its shareholding in Indophil to Zijin, subject to certain conditions. Indophil has also announced an agreement with Zijin with respect to a takeover offer for Indophil. Indophil’s only major asset is a 34.23% interest, with a right to acquire an additional 3.27%, in the Tampakan copper-gold project in the southern Philippines. Xstrata holds the remaining 62.5% interest in the Tampakan project which is managed by Xstrata’s affiliate company, Sagittarius Mines.The shareholders of Debswana (the Government of the Republic of Botswana and De Beers), have given the green light to proceed with a major extension project at Jwaneng, the world’s flagship diamond mine. The project, also known as Cut-8, is a key component of Debswana’s North Star strategy and is the largest ever single capital commitment in the private sector in Botswana.Construction is officially underway on Western Australia’s Mid West region’s largest resources project, the Karara iron ore project, following an official ground-breaking ceremony. Located 500 km northeast of Perth and only 225 km east of Geraldton, the Karara project is a major new integrated iron ore project being developed under a 50/50 joint venture between Australian iron ore company Gindalbie Metals and leading Chinese steel and iron ore company, Ansteel.Randgold Resources is to acquire a further 5% interest in the Tongon gold project in Côte d’Ivoire, raising its stake to 89%. Development of the Tongon mine is currently under way and it is scheduled to go into production in the fourth quarter of 2010.Kangaroo Resources has successfully completed a A$30 million capital raising for the purchase and development of a suite of advanced coal projects located in East Kalimantan, Indonesia. Fox Resources will commence the development of a base metals heap leaching operation at Radio Hill, located in the Pilbara of Western Australia.EMED Mining Public is making progress on its plans to restart the Rio Tinto mine (Proyecto Rio Tinto or PRT) in Spain. Since the last update on September 30, the Junta de Andalucia has communicated its support within the legislative framework for PRT at public forums and EMED Mining has been asked to prepare and submit all remaining plans for regulatory approval. The company (via its wholly-owned subsidiary EMED Tartessus) and the authorities have refined the approach to the permitting process.
EHF EURO 2012 Last matches in the Group A and B will decide who will go to the “Belgrade Arena” and with how many points. Serbia and Sweden are already there. Serbs will brought all 4 points,while Denmark and Poland will see in the direct encounter, who will take two. Slovakia is already the last team, traveling home tommorow.In the Group B is much more interesting. The only secure team for Belgrade is Sweden. Against Germany, Scandinavians will see, how strong they yeare and which kind of ambition will have in the Main Round (18.15). Also, very interesting will be the clash between Czech Republic and Macedonia (20.15). More than 3000 Macedonian fans against Jicha and Co. Let’s enjoy this evening. ← Previous Story Novak Djokovic supports Serbian “Eagles”! Next Story → Main Group in Belgrade: Serbia and Germany start with four points!
Updated 1.30pmGOVERNMENT TDS SHOULD be allowed a free vote on certain matters under a series of radical proposals to reform the Dáil that have been suggested by a backbench Fine Gael TD.An internal document circulated among the Fine Gael parliamentary party this week has outlined a series of proposals that would radically alter the way in which Dáil business is conducted on a weekly basis with TDs allowed to vote against the government on certain issues.The document, seen by TheJournal.ie, is authored by Dublin South-East TD Eoghan Murphy who has previously called for TDs to have a free vote on upcoming abortion legislation.In the document he calls for a wider loosening of the party whip system to allow government TDs to vote against the coalition on certain matters as well calling for the reform of Leaders’ Questions to allow backbenchers to ask questions of the Taoiseach.A Fine Gael spokesman said that the document has been discussed with senior figures and is in the spirit of the party’s 2011 general election manifesto which “contained a strong element of political reform” but noted the proposals are not currently party policy.In the document Murphy criticises the current party whip system whereby any government TD who votes against the government position is automatically expelled from the parliamentary party. He says this “in essence means that a TD can never take an opposing view to the leadership”.He says the party whip system should remain in place for important bills such as those concerning the Budget but calls for it to be relaxed in circumstances where TD might wish to introduce a “meaningful amendment” to legislation which the party leadership may not support.He also proposes that the whip system be removed when:Bills are being debated at committee stageTDs vote on the order of businessTDs vote on bills introduced by private members, except on money bills or proposed laws that contradict legislation the government intends to bring forward or has already put in place.Taoiseach Enda Kenny has explicitly ruled out a free vote on legislation for the X Case on abortion, despite calls from one junior minister.At present any government TD who votes against the coalition is automatically expelled from the parliamentary party as has happened to Fine Gael’s Denis Naughten and a number of Labour TDs.“The government can not be expected to draft the best possible legislation every time,” Murphy writes in the internal document saying that the “state and the country suffer” as a result of members being subject to the party whip “on every single decision”.Other reformsMurphy also proposes that Leaders’ Questions be taken by the Taoiseach once a week for 40 minutes and that each opposition leader be given 10 minutes to have as many exchanges as possible with the Taoiseach. A provision for backbenchers to ask questions of the Taoiseach should also be introduced.He calls for reforms to the committee system including holding committee meetings outside the time when the Dáil is in session as well as time for committees to report to the Dáil chamber. Other proposed reforms include:The establishment of a committee to specifically oversee the budgetSpecial committees to be established to scrutinise each piece of legislation and make recommendationsA provision for committee members to produce a “minority report” if they disagree with the overall findings of a committeeAbolishing priority questions to ministers in favour of a more “robust” system whereby TDs who submit a question only have it answered if they are present in the chamberAbolishing pre-allocated speaking slots except for ministers and senior spokespeopleDividing speaking time among members of the Dáil rather than between parties and groupingsIncreasing the number of topical issues discussed in the Dáil and for the relevant minister be required to respond to each topical issue raised.Allowing more than one bill to be discussed at Friday sittings and introducing a weighted lottery system for private members’ bills so as that bills on the order paper longer have a better chance of being selected.“A parliament should never be reduced to acting as a vehicle of the executive for rubber-stamping its decisions,” Murphy writes saying that the “vast majority” of what happens in the Dáil is an “aside to the main week-to-week business”.He says that issues are often tackled outside of the chamber in committee and “to a greater extent” in private meetings with ministers, civil servants and special advisors.Murphy claims that initial reforms introduced by the government in September 2011 such as Friday sittings, topical issues and extra sitting days have not been built upon.A Fine Gael spokesperson said in response to a query about the document: “We have many young, ambitious and capable TDs and Senators, who are not currently office holders. They are anxious to see us pursue a strong reform agenda.“While the proposals contained within this document are not currently party policy, we have a number of fora through which our members can raise new policy ideas, and stimulate debate.”Eoghan Murphy did not wish to comment when contacted last night.Updated 1.30pm: Following our story this morning, Eoghan Murphy has published the document ‘Reforming Dáil Éireann: A view from the backbenches’ in full. The 24-page document can be read hereRead: Toibín dismisses talk of SF rift after defeat on abortion ‘free vote’ motion
This doesn’t really bode well for those hoping for somemanner of unity across Google’s open mobile OS. As more and more handsets enterthe market, the operating system is becoming more and more fragmented.According to the latest numbers from Google’s own AndroidDevelopers site, all signs point to fragmentation. The latest version ofAndroid, 2.2 Froyo, is installed on 36.2 percent of Android devices. That’s thenumber two most widespread version of the software. Android 2.1 Éclair actuallyleads the way with 40.8 percent of the market.Android 1.6 Donut is number three, with 15 percent, andAndroid 1.5 Cupcake has 7.9 percent of the market. Devices running a version lower than 1.5, meanwhile, issomewhere in the neighborhood of 0.5 percent–that number is a good sign, atleast.Toward that end of the spectrum, Google and the varioushardware manufacturers are doing a pretty good job upgrading operating systems.The discrepancy between 2.2 and 2.1 usage, on the other hand, leaves somequestion regarding their ability to keep things in check–an issue that may wellbecome all the more pronounced as Gingerbread hits the market…AdChoices广告
It was perhaps the most exciting and original event in this year’s calendar for Adelaide, presented by the Greek Orthodox Community of SA, during the 11th “Odyssey” Festival, which opened its doors to the public on Friday 30 September and will conclude on Saturday 29 October. The “Hellenic Colours” event was held on Sunday, October 2, at the Migration Museum of South Australia, where the young and talented dancers of GOCSA’s Dance Academy excitedly presented, for the first time in Adelaide, an entirely different fashion show. Demonstrated by the young models on the specifically constructed long “catwalk”, along the terrace of the museum, the traditional costumes extravaganza featured over 45 colourful and luxurious Greek traditional costumes from different parts of Greece. Guest presenter of the event Ms. Pam Andritsaki ran through the details and brief history for each costume and the attendees had the opportunity to see from close-up the luxurious clothes of other eras that reflect the specific characteristics of their regions of origin in Greece. The show also featured traditional hand-made jewellery, which was produced around the same time and was viewed as a symbol of power, social and financial status. According to the organisers, the aim of the show was to share and show everyone the various aspects and idiosyncrasies of each region and its people and showcase how everyday life influenced the design, the colour and the style of each of those traditional costumes. “It certainly was an original fashion show full of tradition, colour and history which aimed to highlight the particular characteristics of each area of Greece,” said GOCSA’s president, Bill Gonis in an interview with Neos Kosmos. “We are incredibly fortunate to live in one of the most ethnically diverse societies in the world today. Australia is a vibrant and multicultural country, the home for some of the world’s oldest cultures and its rich cultural diversity is one of our greatest strengths for the Greek culture to survive,” Gonis added. The 45 fashion pieces exhibited, covered various Greek regions, particularly the areas of Pontus, Epiros, Makedonia, Thrace, Rumeli and Peloponnese, and the islands of Lemnos, Nisyros, Crete and Amorgos. The pieces exhibited were all either authentic costumes from Greece, exact replicas owned by the Dance Academy or that had been kindly donated to the dancers by various local Greek associations. “Each region used different techniques and through the various designs it is apparent how everyday life influenced the fashion of that era,” said the president.According to research data published by researcher Angela Hatzimichalis, the design and materials used for the manufacture of various costumes of the time, reflected both the age of the person who wore them and reflected their overall socio-economic status.“Although the weather was not on our side on Sunday, the attendance and positive feedback from the guests was the biggest reward for all the young Greek children that proudly wore those masterpieces and paraded on the day,” said Mr. Gonis Facebook Twitter: @NeosKosmos Instagram
Facebook Twitter Google+LinkedInPinterestWhatsApp Facebook Twitter Google+LinkedInPinterestWhatsAppProvidenciaes, 16 Jan 2015 – The first winner for the What’s In the Box promotion now in its fifth year was Jewel Selver. Selver was called on her cell phone to learn that her answer of ‘Bambarra Rum’ was correct and that she had won a weekend stay for two at the award winning, Grace Bay Club. Today the partners in the event unveiled what was in the box after a string of clues were dispatched to LIME customers. Some of those clues included that it could make you happy or sad, it could be a blessing or curse and it’s the spirit of the Turks and Caicos Islands. Mobile customers had the opportunity to guess the prize via text with 100% of the proceeds going to the Grace Bay Club Community Foundation adopted schools. Two thousand texts came in and $2,000 were raised. The beneficiaries are the Charles Hubert James and Adelaide Omeler primary schools in North Caicos where tablets will be purchased to give students a modern experience in learning. Other prizes for the texters include a stay at the West Bay Club and a complete tool set from the Do it Center. The Indian Premier League Has a New Home in the Caribbean Flow Sports now offers an unrivalled Cricket line-up Recommended for you Flow counting down to Rio Games, launches Gold Tour campaign Related Items:bambarra rum, grace bay club, jewel selver, lime, what’s in the box Perdina wins Movado Watch set from LIME & Jai’s
The accounting deficit for defined benefit (DB) pension schemes at the UK’s top 350 organisations increased by 28% between the end of 2017 and the end of 2018, rising from £32 billion to £41 billion, according to research by Mercer.Its 2018 Pension risk survey, which analyses the pension deficit calculated using the approach FTSE 350 organisations have to adopt for their corporate accounts, noted that this increase in deficit was primarily driven by a £19 billion fall in asset values, from £766 billion to £747 billion. Liability values fell by £10 billion, dropping from £798 billion to £788 billion between December 2017 and December 2018.Andrew Ward, partner at Mercer, said: “2018 was a record year for premiums paid to insurers for buy ins and buy outs, with more than £20 billion of DB obligations being insured. We forecast nearly one third of a trillion pounds to be paid by UK private sector DB pension schemes over a three-year period, from 2019-2021.“While the direction of travel is clear, it is important schemes consider how prepared they are for any market shock. With continued Brexit related uncertainty, trustees must ensure the risks they’re running are consistent with their objectives and protects their sponsors’ long-term financial security.”These figures form part of a volatile year in terms of DB pension deficits. Between May and September 2018, DB pension schemes at FTSE 350 organisations were in surplus, but in December 2018, the pension deficit nearly doubled, increasing from £24 billion to £41 billion. This was attributed to increasing liabilities as corporate bond yields fell, partially being offset by a corresponding fall in market implied inflation.The quoted funding level decreased by 1%, to 95%, over the course of 2018.Le Roy van Zyl (pictured), partner at Mercer, added: “[Last year] was a turbulent year and it is disappointing to see it finish in deficit after finally reaching a surplus for the first time since Mercer began regularly monitoring the position.“While the return to deficit is unwelcome, we are still in a markedly better position compared to the very large deficit following the 2016 Brexit vote. However, the significant volatility demonstrates the importance of schemes locking in gains when opportunities to take risk off the table arise.”
India, which imports about 80 per cent of its fuel needs, could see its finances going haywire if a recent statement by Saudi Arabia’s Minister of Energy, Industry and Mineral Resources Khalid al-Falih proves right. On Sunday, the minister said that crude oil prices are “nearing their end” since the demand-supply dynamics are improving.”The current down cycle is nearing an end. Market fundamentals, in terms of supply and demand, have begun to improve. We are optimistic that oil prices will continue to improve in the future,” Khalid al-Falih told a joint press conference with his Russian counterpart Alexander Novak on Sunday after a Gulf ministerial meeting in Riyadh, reports AFP.Oil prices have rebounded sharply from $30 per barrel in January this year to levels of $50 currently in the global market.As a businessman put it aptly, it could well end India’s honeymoon on inflation.”As oil touches 50$, India’s honeymoon on inflation, current account may be over. Micro needs to improve faster as macro tail winds slow down,” Uday Kotak, executive vice-chairman and managing director of Kotak Mahindra Bank, tweeted in May.India’s disproportionate dependence on crude oil to fulfil its massive fuel consumption makes it vulnerable to rise in prices in the international market. If the cost of landing crude goes up, there is a cascading effect on domestic petrol, diesel and aviation fuel prices, spiking inflation.This could be politically disadvantageous for Prime Minister Narendra Modi’s Bharatiya Janata Party (BJP), which is eyeing a comeback in Uttar Pradesh where elections are due early next year.A win in India’s largest state would not only strengthen the ruling party at the Centre, but also enable it to improve its numbers in the Upper House (Rajya Sabha), crucial to pushing economic reforms that have a pan-India effect.The international crude oil price for India was $49.41 per barrel on October 21, up from $24.47 on January 21, 2016, according to data published by the Petroleum Planning and Analysis Cell (PPAC) under the Ministry of Petroleum and Natural Gas.India’s crude oil imports rose 9.1 per cent to 18.81 million metric tons in August 2016, year-on-year.Most of the refining and fuel retailing business in India is handled by state-run companies — Bharat Petroleum Corporation Limited (BPCL), Indian Oil Corporation (IOC), Hindustan Petroleum Corporation Limited (HPCL) and Oil India Limited. All the firms are listed on stock exchanges.The two prominent players in the private sector are Reliance Industries Limited (RIL) and Essar Oil. The latter recently sold 98 per cent stake to a consortium led by Russia’s Rosneft for $12.9 billion.
India is heading into another calendar year of record mergers and acquisitions on the heels of the second year of topping global investments, an investment banking executive says.This year saw Walmart Inc, ArcelorMittal, and Berkshire Hathaway Inc on a buying spree taking India ahead of China for the second time, a Bloomberg report said citing a top Goldman Sachs manager.Deals in technology-driven consumer and financial services will keep the momentum going in the year ahead, says Sonjoy Chatterjee, chairman and co-chief executive, Goldman Sachs India.Goldman advised on two of the three biggest acquisitions involving Indian companies this year when $128 billion of transactions went through, he says.”All pools of global capital – from strategics to financial sponsors – are focused on India,” the report cites Chatterjee as saying. “Some of these large global companies are sitting on enormous amounts of cash. They need to get into markets which are important for them, and India is a top priority.”A mixture of factors helped India draw more investments than China. Foreign acquirers spent a record $39 billion on acquisitions in India this year, according to Bloomberg data.Regulators’ crackdown on bad loans put assets worth billions on the block at a time when Asia-focused private equity funds were looking to deploy liquid funds.Political uncertainties around elections are going to remain short-term and are unlikely to hurt investor confidence given the macroeconomic conditions, he said.”A painful but interesting churn is happening in India – driven by governance and capital – where you will see a new corporate order emerging by 2020,” Chatterjee told the news agency.”The third factor driving change in corporate India are families that want to rethink the future, either because of the next generation, an uncertain horizon or simply to optimise their portfolio and capital allocation.”He said there was a liquidity issue, which the government and the central bank were trying to tackle. “Investors who are serious, mature and deep will look at the data following disruptions in 2008 and 2013 and determine when to come back in. Going by empirical evidence, the sector takes about 18 months to reverse,” he added.
Experimenting in the field of art, The Indira Gandhi National Center for the Arts (IGNCA) recently organised a mesmerising program in its auditorium where two senior artists from two different genres of Indian classical music tradition performed.Enlightening the evening in the capital were well-known flute player of the North Indian Music tradition (Hindustani style) Pandit Ronu Mazumdar and Saraswati Veena Maestro Jayenti Kumaresh, who performed a ‘jugalbandi’. Also Read – Add new books to your shelfDoing justice to the theme of the event, the artists who mastered in two different styles of music were seen engaged in absolute chemistry together. Jugalbandi which was based on the ragas from the 13th-14th century – the time when there were no such things like the Carnatic and Hindustani style in India but only the Indian classical music existedThe evening started with the North-South Ragas in which Pandit Ronu Majumdar played ‘puri’ and ‘Sohini’ Raga on his flute while Jayanti Kumaresh chanted the song of Saraswati Veena on the string of Saraswati Veena – which was composed in metaphor rhythm. Also Read – Over 2 hours screen time daily will make your kids impulsiveAfter this, both of them performed Karharprariya, Kaphi , Alap, Joda, Jhala, Ragas, which were composed in aadi taal and teen taal.Jayanti Kumarasad performed aadi taal on the Veena and Ronu Majumdar presented teen taal on the flute. The program concluded with “Sri Ram Chandra Kripalu Bhajaman” Bhajan. In this Jugal Bandi the performance of Arjun Kumar, well-known tabla player and Abhijeet Banerjee on Mridangam were also appreciated.This unique event witnessed the presence of many scholars of Indian music including the famous dancer, Dr Sonal Mansingh, Dr Sachchidand Joshi, Member Secretary of Indira Gandhi National Art Center and others.
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Dine & Dash: 24-hour food race kicks off tomorrow << Previous PostNext Post >> Share Tuesday, June 20, 2017 Posted by TORONTO — 24 hours, 2 men, 1 airline and 150 years. This is the gist of an epic coast-to-coast race set to launch tomorrow in Charlottetown.Dubbed a ‘great Canadian food race’, the event teams up Ritz-Carlton, Toronto Executive Chef Daniel Craig with Culinary Adventure Co. owner Kevin Durkee on a 24-hour cross-country journey celebrating Canada’s 150th anniversary.The edible adventure will begin on June 21 at the home of Confederation in Charlottetown before jetting off via Air Canada to Halifax, Ottawa, Toronto and Calgary. The race ends in Vancouver at midnight on June 22.Sounds impossible? Maybe. But one thing’s for sure: there’ll be lots of eats, and plenty of Canadiana to make Canadians proud.The pair of racers will source ingredients to be used in a Taste of Canada menu at the hotel’s signature restaurant, TOCA, starting July 1.“Whether it’s Nova Scotia blueberries or sustainable fish farmed off the coast of B.C., our aim is to sample food from as many cities as we can within one day,” said Chef Craig. “We’re excited to share our adventure with guests when we return to Toronto and create a truly Canadian menu in honour of Canada’s 150th.”More news: Can you guess the one and only hotel company to rank on Indeed’s Top Workplaces in Canada list?The coast-to-coast tour is part of the hotel’s new culinary program, ‘Off the Eaten Track’, a customized series of culinary tours curated exclusively for guests of The Ritz-Carlton, Toronto by Culinary Adventure Co.You can watch the team live @facebook/ritzcarltontoronto or on Instagram @culinaryadvco, or visit ritzcarlton.com/en/hotels/canada/toronto/area-activities/off-the-eaten-track for more information. Tags: Ritz Carlton Travelweek Group
Source = e-Travel Blackboard: N.J Queensland Premier Anna Bligh recruited major tourism operators across Sydney today to reaffirm that the sunny state is open for business. Despite mass flooding and storm damage from Cyclone Yasi, Premier Bligh expressed to the industry the importance of encouraging bookings to Queensland as well as maintaining reservations already made, a statement on Media Newswire reported. Premier Bligh said tourism into Queensland supports up to 222,000 jobs and brings in $9.2 billion to the economy. “Some of our internationally renowned and most popular holiday destinations including the Gold Coast and Sunshine Coasts, Cairns and the Great Barrier Reef and the Whitsundays region are ready to welcome guests despite the images from our natural disasters that have been flashed around the world,” she said. “It’s imperative we protect those bookings that are already made – particularly around the impending busy Easter period – and encourage visitors to keep on coming.“Just days ago I was in Airlie Beach and I can confirm for anyone who’s thinking of taking a holiday that this beautiful part of our state is very much alive and thriving.”Recently Premier Bligh and Prime Minister Julia Gillard announced a $10 million emergency tourism fund is being rolled out to fund marketing for the state. According to the statement Tourism Queensland and Tourism Australia are working together on a proposal that will ensure the money is spent so that all parts of the state will benefit.