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And despite not going to Canadas camp last summer, Ward never felt out of the running for a shot at Sochi. “I never looked at it last summer when the camp roster came out that I couldnt make the team anymore,” said Ward. “I looked at it as extra motivation and I know that if I can play like I know I can in the first half of the season, theyll be watching and that Ill be in consideration. Thats my focus. If I make that team, obviously that means the Hurricanes are doing well, too. Thats what Im striving for, thats my goal.” First things first. For Ward, this season is about re-establishing himself and getting back into the swing of things. “For me its about getting the game reps again,” said Ward. “When you include the lockout and then my injury, I was basically sitting for a year. Being away from the game for that long, its difficult to come back. Thats why you emphasize on your practices and take advantage of your opportunities.” After a so-so training camp and preseason, Ward seems to be coming along early in this regular season, including a solid start against the Cup champion Blackhawks on Tuesday night in a shootout defeat. “I actually felt like I was fighting it early on, but by the third period I felt like my old self; also knowing that theres still another level that I want to get myself to and I feel like Im headed in the right direction,” said Ward.
Photo by Reuters Updated 2013-10-19 11:07:57 Print BRUSSELS: The European Union and Canada signed on Friday a free trade accord after more than four years of sometimes difficult talks, a huge deal that both said will boost growth. We have taken a crucial step forward in strengthening relations between the European Union and Canada, the European Commission said while Canadian Prime Minister Stephen Harper hailed the biggest (trade) deal our country has ever made. This is a highly ambitious and far-reaching trade agreement of great importance for the EUs economy, said Commission head Jose Manuel Barroso. It would provide new opportunities for companies in the EU and in Canada by increasing market access and be the basis for gaining a strong foothold in the North American market and so provide a catalyst for growth and the creation of jobs in Europe, he said. The accord is widely seen as a possible template for EU efforts to conclude a similar Transatlantic Trade and Investment Partnership with the United States. Harper said the agreement in principle with Brussels — there remain technical details to be resolved — was the most important … and most ambitious ever for his country. It is not just a good deal, it is an excellent deal, he added. It will give Canada access to a market of some 500 million people in the EU, making it bigger even than the landmark North American Free Trade Agreement (NAFTA) with the United States and Mexico. According to EU figures, bilateral trade in goods last year was worth 61.7 billion euros ($84bn), with Canada the EUs 11th largest trading partner, while the 28-member bloc was Ottawas second most important market after the United States. Barroso, noting the deal was the EUs first with a Group of Eight country, said it could increase trade by up to 26bn euros in time and add 12bn euros annually to EU economic output.AFP
Canada, U.S. at odds over hydroelectric payment obligations
It wants to send less hydroelectric power across the border if the Columbia River treaty is renegotiated. The treaty dates to 1964 and has no expiration date. But as of next year, it will allow either side to give 10 years notice of intent to renegotiate or cancel. So, this year, both sides are laying out their bargaining positions. Under the treaty, Canada stores water behind three dams for flood control and to maximize hydroelectric power generation. The U.S. paid Canada $64 million for the flood control. And every year, it sends Canada half the electricity generated at downstream U.S. hydropower dams. Earlier, when Canada didn’t need the power, the U.S. instead paid about $250 million annually, and Canada used the money to finance the construction of its three Columbia River dams. For the past 20 years, however, the U.S. has sent power to Canada now valued at up to $350 million. The U.S.
UK reaches settlement with former surgeon
“Message from the Home Office. Our records show that you may not have leave to remain in the UK. Please contact us to discuss your case,” the message said. A spokesman for the Home Office, which is responsible for immigration in the UK, said the texts had been sent to 39,100 people between September 2012 and June 2013. It is more than just incompetence. It is racist stereotyping. Bobby Chan, immigration case worker Similar messages were also sent out via email and by post to contact individuals who had no right to be in Britain, he said. But some were received by legal residents, including the anti-racism campaigner, Suresh Grover, who said he was “absolutely shocked and quite horrified”. “I came here with my parents in 1966, I was born in East Africa and have always had a British passport,” he said. Bobby Chan, an immigration adviser, said he had also received a text despite having lived in Britain since 1973. “It is more than just incompetence,” he told Al Jazeera.
Post to Facebook UK court blocks story on Libor rate rigging on USATODAY.com: http://usat.ly/1aVWoTi Incorrect please try again A link has been posted to your Facebook feed. Sent! A link has been sent to your friend’s email address. Join the Nation’s Conversation To find out more about Facebook commenting please read the Conversation Guidelines and FAQs UK court blocks story on Libor rate rigging Associated Press 11:54 a.m. EDT October 18, 2013 Barclays was one of several banks facing charges involving Libor, a financial benchmark used to set rates on trillions of dollars in loans. (Photo: Justin Tallism, AFP/Getty Images) Story Highlights ‘Wall Street Journal’ to fight injunction against publishing names of traders implicated Several banks are being sued for alleged Libor manipulation SHARE 1 CONNECT 6 TWEET COMMENTEMAILMORE LONDON (AP) The publisher of the Wall Street Journal has pledged to fight an injunction preventing publication of the names of traders who may be implicated in the rate-rigging case involving the London interbank offered rate, or LIBOR. Dow Jones & Co. said it had published on several platforms the names of individuals that British prosecutors planned to identify. The Journal says the story noted that inclusion on the list didn’t mean the individuals would be charged. Dow Jones said Friday it was obliged to “remove the previously published story from WSJ.com and to withhold publication from the print edition of The Wall Street Journal Europe.” British courts routinely impose reporting restrictions to safeguard rights of defendants. LIBOR is an average measuring how much banks expect to charge each other for loans. Looking for a Job?
UK court dismisses case against directors of Madoff unit
Credit: Reuters/Shirley Shepard By Laurence Fletcher LONDON | Fri Oct 18, 2013 12:46pm EDT LONDON (Reuters) – A British High Court judge criticized the liquidators of U.S. fraudster Bernard Madoff’s London company in a judgment on Friday that dismissed their $40 million civil claim against his brother, son and former directors of the firm. The liquidators of London-based Madoff Securities International Ltd (MSIL) had began the case in June against defendants including Madoff’s brother Peter and his son Andrew, as well as Stephen Raven, chief executive of the British unit, and Bank Medici founder Sonja Kohn. The case centered on loans between Madoff’s London and New York operations, payments by the UK firm to Kohn for research and introductions to high-level contacts, and the extent of the liability of the directors of the London unit. Judge Andrew Popplewell dismissed all claims against each defendant and criticized the way the case had been pursued, while praising the “dignity” and “restraint” of Raven, Kohn and two others. “This unfounded claim … has been pursued aggressively and relentlessly over several years, on occasion with an unfair degree of hyperbole,” he said, adding that Kohn had suffered “poisonous press releases” by the trustee of Madoff’s U.S. business. Bernard Madoff is serving a 150-year prison sentence for his Ponzi scheme, which was revealed in 2008 and which is estimated by Irving Picard, the trustee seeking money for Madoff’s victims, to have led to $17.3 billion of investor losses. The directors of the London firm were accused by the liquidators of letting Madoff warehouse “very, very large amounts of stolen money in his directors’ account in London”. Trevor Jenkin, a consultant for EMW, who was defending Raven, said: “We are delighted that the court has finally put an end to this unnecessary litigation, which should have been dismissed long ago. “Its only achievement has been to rack up millions of pounds in legal expenses for the creditors of Madoff Securities International.” In 2009 Reuters reported that Madoff had moved nearly $160 million of his own assets to his British-based firm in 2007, via the allotment of two sets of new shares in the firm. Britain’s Serious Fraud Office said in 2009 it had begun investigating Madoff’s British operations but dropped the probe the following year. In a statement the joint liquidators of Madoff’s UK firm said they were “extremely disappointed” and were considering their position.
It says UK will pay Plunkett a lump sum of just more than $1 million, the first $650,000 is to be given to Plunkett within ten days. The agreement also gives him salary supplements for two years to make up the difference between his former salary of $700,000 and whatever future job he takes. He resigned from UK in July to take a job at the University of Florida, after UK put the pediatric heart surgery program on hold, following parents concern over mortality rates. Since then, the University of Florida announced it decided to part ways with Dr. Plunkett. In his agreement with UK, Dr. Plunkett agrees to, “exercise diligence and good faith,” in finding a new job. It says if Dr. Plunkett is unemployed, UK will pay him $350,000 a year. The agreement goes on to say Dr. Plunkett cannot sue UK, and mus cooperate with UK in any lawsuits or investigations in which he may be a witness.
UK tabloid journalist charged over MP’s ‘stolen’ phone
View gallery A copy of British Top-selling tabloid The Sun made’s front page made in central London on December 10, 2011. (AFP Photo/Carl Court) London (AFP) – The chief foreign correspondent of Rupert Murdoch’s British tabloid The Sun is to face charges linked to the alleged theft of a lawmaker’s mobile phone, prosecutors announced Friday. Nick Parker, 52, is to be charged with one count of receiving stolen goods and another of unauthorised access to computer material, the Crown Prosecution Service said. Another man, 29-year-old Michael Ankers, is to be charged with theft. The first charge against Parker alleges that between October 17 and 21 in 2010, he “dishonestly received stolen goods, namely a mobile phone belonging to Siobhain McDonagh”, an opposition Labour Party MP. The second alleges that between the same dates, he “caused a computer to perform a function with intent to secure unauthorised access to a program or data held in a computer, knowing that such access was unauthorised”. The charge against Ankers alleges that on or around October 17, 2010, he stole a mobile telephone belonging to McDonagh. The two men are to appear at Westminster Magistrates Court in London on November 6. The charges are the latest in a series involving journalists at Murdoch’s British papers since the phone-hacking scandal shut down the News of the World, the Sun’s weekly sister paper, in July 2011. Crime & Justice
He was not arrested because Canadian authorities have declined to try extraditing him, although Seattle police said he could be arrested if he fails to register. Photo: Uncredited, AP FILE – This undated file image provided by the Royal Canadian… Font Page 1 of 1 SEATTLE (AP) A high-risk sex offender who recently fled Canada has registered with local authorities in the Seattle area, officials said Friday. Authorities had located Michael Sean Stanley in the Seattle area on Thursday and said he would be arrested if he failed to register within three days. King County Sheriff’s Sgt. Cindi West said Friday that Stanley followed through with that process, reporting to the sheriff’s office that he was homeless. Because of his housing status, Stanley will have to check in weekly at the local courthouse, West said. Stanley has a long history of sexual offenses against women and children and had been missing since Oct. 1, when he left Edmonton and cut off his electronic-monitoring bracelet in Canada. Officials issued a public alert describing Stanley as an untreated, violent offender who posed a significant risk. His case stirred fear in Canada, as schools in several west-central Saskatchewan communities locked their doors and kept children inside after police got multiple, unconfirmed sightings of the Edmonton man.
Canada Carbon Issues Options
Markets closed Canada Carbon Issues Options 0.22 +0.0450 VANCOUVER, BRITISH COLUMBIA–(Marketwired – Oct 18, 2013) – Canada Carbon Inc. (TSX VENTURE:CCB) (the “Company”) announces it has granted a total of up to 900,000 stock options to consultants and advisors of the Company, exercisable at a price of $0.25 per share for a period of up to five years from the date of grant. The options will vest in three equal installments over an 18 month period. The options have been granted in accordance with the company’s stock option plan. On Behalf of the Board of Directors CANADA CARBON INC. R. Bruce Duncan, CEO and Director “Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.” FORWARD-LOOKING STATEMENTS: This news release contains forward-looking statements, which relate to future events or future performance and reflect management’s current expectations and assumptions. Such forward-looking statements reflect management’s current beliefs and are based on assumptions made by and information currently available to the Company. Investors are cautioned that these forward-looking statements are neither promises nor guarantees, and are subject to risks and uncertainties that may cause future results to differ materially from those expected. These forward-looking statements are made as of the date hereof and, except as required under applicable securities legislation, the Company does not assume any obligation to update or revise them to reflect new events or circumstances. All of the forward-looking statements made in this press release are qualified by these cautionary statements and by those made in our filings with SEDAR in Canada (available at www.sedar.com ). Contact:
The event, which was hosted by Beat the Streets in New York City, featured wrestlers from the United States, Iran and Russia. It was a headline competition during World Wrestling Month, receiving worldwide media coverage as part of the Keep Olympic Wrestling effort. Over $1 million was raised for youth wrestling activities at the Beat the Streets Gala held alongside the event. The two dual meets were broadcast live nationally by NBC Sports Network and Universal Sports Network. The other two nominees are the Italian Federation of Sport Climbing, which is using climbing programs to spur economic development in Africa, and the Oceania Football Confederation, which created the “Just Play” program for 6-12 year old youth in 11 Pacific countries. “USA Wrestling is truly honored to be selected as a finalist for the Sport Organization of the Year as part of the prestigious Peace and Sport Awards program. The Rumble On The Rails event is an example of the kind of international cooperation and friendship which is fostered through wrestling. We wish to recognize the Russian and Iranian wrestling federations for partnering with USA Wrestling at this historic competition. Thanks also go out to Beat the Streets New York, and all within the American wrestling family, who worked so hard to make this a major success,” said Rich Bender, USA Wrestling Executive Director. On its website, Peace and Sport posted the following information on why USA Wrestling was chosen as a finalist for this prestigious award: USA Wrestling “Rumble on the Rails” is a leading example of different countries working together to protect a threatened sporting discipline. While diplomatic relations between their respective governments remain taut, the wrestling federations of the USA, Iran and Russia came together to participate in “Rumble on the Rails,” a wrestling competition held in New York in May 2013. Their cooperation demonstrates the power of sport to unite people. The Peace and Sport Awards Ceremony is held each year during the Gala Evening of the Peace and Sport International Forum. The Peace and Sport Awards reward initiatives and people who have outstandingly contributed to peace and social stability in the world through sport.
Marc USA taps Jerry Thompson to expand PR practice
If the point of the United States mens national team World Cup qualifier against Jamaica was ultimately to retain the winning momentum towards next summers bonanza in Brazil, with the Americans having already secured their berth there, it was just as well that they achieved it with their 2-0 win in Kansas City on Friday. Because they had little else to show for a game that was equally an opportunity to build depth, tinker with an alternative formation and find a familiarity and rhythm. If the result was ultimately respectable, courtesy of two late goals by Graham Zusi and Jozy Altidore, the performance was nevertheless a far cry from the United States larger body of work during qualifying in terms of both the creation of chances and entertainment. Other than a ball that US defender Brad Evans nearly bundled over his own line before clearing it early and a very late Theo Robinson look, Jamaica forged no real chances. The US, meanwhile, produced a mere handful of only somewhat promising looks, mostly emanating from full debutant Aron Johannsson, before a late offensive burst put the game away. No serious threats to breach Jamaicas goal materialized until Zusi found Alejandro Bedoya up the right in the 77th minute. His low cross was deflected back into Zusis path for the hometown hero to slip past goalkeeper Duwayne Kerr. Some four minutes later, a Jamaican clearance rolled right into the feet of the streaking substitute left back Edgar Castillo, who calmly picked out the wide-open Altidore in front of goal, who doubled the score. That was really all the good news for the Americans on the night though. Bereft of several regulars like wide player Fabian Johnson, central defender Omar Gonzalez and forward Eddie Johnson, not to mention orchestrators Michael Bradley and Clint Dempsey, head coach Jurgen Klinsmann had hoped that the drop-off to their replacements would be small. Hed been hammering home the importance of depth and competition for positions for his two years and change in charge, after all. RED, WHITE AND BLUE USA supporters steal the show in win over Jamaica in Kansas City. But Mix Diskerud wasnt able to replicate Bradleys distribution, nor could he establish much of a partnership with Jermaine Jones in central midfield.
Thompson is joining the ad agency in the newly-created position of executive vice president, director of public relations. Thompson most recently was at Ketchum Public Relations, where he led Ketchum Energy, the agency’s global energy industry consulting group. Thompson’s background in the energy and tech sectors was a factor in Marc USA’s decision to bring him on board. Marc USA CEO Michele Fabrizi said Thompson’s “deep experience” in these areas would help the ad agency expand in those categories. Thompson said his decision to move to Marc USA was based, at least in part, on the agency having “fully broken down the marketing discipline silos to provide clients with seamless solutions across all channels,” Added Thompson: “Clients want and need to take advantage of the full range of earned, owned, shared and paid media.” Over the course of his career, Thompson has counseled a range of clients, including FedEx, Delta Air Lines, Georgia-Pacific, Alcoa and Heinz. Thompson hold a B.S. in communication and journalism from Indiana State University. Marc USA has offices in Chicago, Pittsburgh and Miami, and employs more than 200 people. The agency’s annual billings are in excess of $320 million. Related links:
Liam Neeson’s ‘Non-Stop’ Trailer Is Five Action Movies In One
Sreenivasan analyzed keywords used on the Internet Movie Database (IMDb) to observe trends. A novelty score was given based on the number of times any given keyword was used to describe another film. Films that had higher novelty scores featured a word that was rarely used to describe it. While films with lower novelty scores had a keyword used to describe a variety of them. A range from zero to one was applied as the novelty score, with the least novel being zero. To depict the evolution of film culture over time, Sreenivasan then lined up the scores chronologically. “You always hear about how the period from 1929 to 1950 was known as the Golden Age of Hollywood,” Sreenivasan said to Wired. “There were big movies with big movie stars. But if you look at novelty at that time, you see a downward trend.” After studio systems fell in the 1950s, filmmakers burst with new ideas which enhanced the movies during the 1960s. Films like Bonnie and Clyde in 1967, Breathless in 1960, and The Good, the Bad, and the Ugly in 1966 were all very well received. In addition, plot lines, novel styles and film techniques helped create the increase in Sreenivasan’s analysis of that period. The films analyzed spanned a 70-year period and the study appears in Nature Scientific Reports .
By Kevin P. Sullivan (@KPSull) In his new character as an over-the-hill action star, Liam Neeson ‘s movies come with certain expectations. He’s going to be some figure of authority either active or retired someone will wrong him, and Neeson is then forced to kick some ass. But there’s something a little too familiar about the trailer for his new film ” Non-Stop ,” which hit theaters in February. We took a close look at the new preview and found five major action movie clichAs all combined into one trailer. Plane Setting When it is set on a plane, there’s nowhere to go, which is just another way of saying that it’s a confined thriller, but the size of the box we’re trapped in can vary. It can be as small as a coffin in “Buried” or as big as a panic room. An airplane is far from new fare for a confided thriller. We’ve seen the device used in the air in “Red Eye,” “Flightplan,” and, of course, “Snakes on a Plane.” Bad Guy In Hiding Neeson is just doing his job during the flight when he gets a text message. Now, before you start following his example and texting during your next flight, stop. He’s using a secure, Marshals-only channel. The bad guy or bad girl is somewhere on the flight with him. It could literally be anybody, but it’s probably the second or third most famous person on the cast. We’re looking at you, Julianne Moore. Hostages Held At Ransom How do you instantly crank up the suspense of a thriller?
Griffith’s 1919 “Broken Blossoms,” which combined American folk with experimental/electronic music, to a free jazz score for 1929′s “Man With a Movie Camera.” PHOTOS: The Roaring ’20s on-screen As a student at San Francisco State, Mairs found the more traditional scores for the silent films screened in class “off-putting. I started to actually really engage with silent films when I saw screenings out of school. The Castro would occasionally show silent films with an organist or occasionally live bands. It was a radically different experience.” Because “CalArts has a history of experimentation,” said Mairs, he decided to include live, nontraditional performances at the screenings. Since he knew a lot of musicians at CalArts, Mairs initially asked them to score and perform. “Very quickly people got interested,” said Mairs, who has been teaching at the School of Film/Video since 1997 and has been co-head of the Film Directing Program since 2005. Once Mairs plans his films for the fall, he sends the list to the musicians, faculty and graduates and asks them which ones they are interested in composing. “I find they tend to do their best work when they are excited about a project,” Mairs said. PHOTOS: Movie Sneaks 2013 Rarely does one of his students in the class tackle a score. “The class is quite rigorous,” Mairs said. “It is a major commitment for the people who are doing the compositions.” Last year, though, Herb Albert student Kevin Robinson juggled the classwork in Mairs’ filmhistory class as well as composing the string quartet for “The Passion of Joan of Arc.” Robinson liked the experience so much that he and three other musicians recently provided accompaniment for Sergei Eisenstein’s 1925 “Battleship Potemkin.” But he decided not to compose a string quartet for “Potemkin” because Eisenstein’s classic “is so metric and moving and things happen quickly, soI wrote little sketches for everyone,” said Robinson, a week before the performance. “I am going to a minimalist thing, not that heavy on the texture, more like sketching things out.” This week, student Hannah Dexter, a composer and bassist who specializes in Gypsy jazz and bluegrass, will be working her magic on Charlie Chaplin’s 1925 “The Gold Rush.” Dexter will be playing the upright bass and providing vocals. Rounding out the trio are a guitarist/vocalist and a violinist. “Though I wasn’t 100% familiar with the ‘The Gold Rush,’ I have always been a huge Charlie Chaplin fan,” Dexter said. “I understand what they were looking for.
Tablets get a seat at the movies (+video)
RECOMMENDED: The 25 best animated movies of all time readers’ picks These special screenings make films like Ariels under-the-sea adventure feel a bit like a Rocky Horror Picture Show revival for 6-year-olds. When King Triton makes his royal entrance, the app tells audiences to Cheer! The lyrics to each song pop up on the tablet, encouraging people to sing along. And interactive games pit viewers against each other to see who can rack up the most points. Kim Tracey Prince of Agoura Hills, Calif., says that before learning about Disneys Second Screen Live app, her two sons had no interest in seeing The Little Mermaid. They considered it a girl movie. But she says that the iPad app lured them in. While Brady, age 6, got swept up in the story and quickly lost interest in the app, Kyle, 8, manned the tablet throughout the movie nudging his mom occasionally for answers to the pop-up trivia questions. It was a huge hit and Im glad we did it, says Ms. Prince. At the end, [Kyle] called it the best movie ever, which is a rare attribute for him. As far as she could tell, they were the only family in the theater with an iPad, which led to some confusion. The screening stopped at certain points, giving players time to complete a task on their tablets. Unsure about what was happening, several people left the theater to complain that the projector seemed to be broken, Prince says. These free apps work at home, as well.
“The worst is behind us. The decline in sales has considerably slowed and we are now witnessing signs of recovery in demand,” said Peter Fuss, senior advisory partner at the Global Automotive Centre of accountants EY (formerly Ernst & Young). “The sales, however, continue to be artificially boosted by huge discounts and self-registrations by dealers,” Fuss added, referring to cars still held in showrooms. He warned it would take at least two years before the market was strong enough to grow on its own without the aid of incentives. BETTER GAUGE In a sign of recovery in the ailing euro zone periphery, car demand in Greece, Ireland and Portugal jumped by double-digit rates, albeit from depressed levels. For the first nine months of the year as a whole, ACEA said registrations in Europe still fell 4 percent from the year before to 9.33 million, on the back of weak demand in Germany, Italy and France – and in the Netherlands, where sales have plummeted 29 percent year-to-date. September volumes may be a better gauge of underlying trends than August, since the latter’s results are artificially depressed given many European car buyers are on holiday. It is also a crucial month for the UK market, since it accounts for about 18 percent of annual volumes. The UK increase was the sixth straight double-digit monthly rise. Among manufacturers, the biggest winner in September was Renault (RENA.PA), which increased sales 17 percent at its flagship brand, while its low-cost Romanian badge Dacia saw volumes leap by 40 percent. Germany’s Daimler (DAIGn.DE) also posted a strong month with sales of its Mercedes-Benz brand increasing nearly 14 percent after the French government was forced to end its sales ban on certain vehicles. Volvo (part of China’s Geely Holding Group GEELY.UL) reported a surprisingly strong gain of 13 percent to help its otherwise weak performance so far this year, while brands heavily dependent on the dismal Italian market such as Fiat’s (FIA.MI) Lancia and Alfa Romeo continued to see volumes fall at a double-digit rate.
Without them, Newmark adds, the Tories still have been able to pass austerity budgets. In the U.S., members of the House and Senate allied with the Tea Party have the support of some percentage of voters for their unyielding stance on fiscal policy. But because they hold power as Republicans, rather than in a coalition alongside the GOP, its hard to tell how many Americans believe they were right to shut down the government and threaten default. America has never done more than flirt with the idea of a third party. Those that gained a modicum of recent support rose up around the appeal of a single person, such as Ross Perot or Ralph Nader. Like new parties in Europe, the Tea Party seized on an issuepublic debtthat both major parties had agreed to ignore. Its shown staying power that eluded other attempts to form lasting third parties. Yet the true test of its strength and legitimacy will come only if it leaves or is ejected from the Republican Party that now uncomfortably hosts it. Running candidates for office under its own banner would reveal the depth of its popularity. And it would force the party to decide whether it wants to make laws or throw rocks. Theres at least one person whos been inspired by the current, crippled Washington: Benedetto Zacchiroli, a city councilor in Bologna, Italy. Both President Obama and the Republicans are to be admired, he says, for holding firm to their ideals. He sees in their fight something rare in Italian politicsa battle not over positions and privileges but ideas and policies.
Europe’s Car Sales Rally, Thanks To Discounts, Dealer Action
These will eventually be sold on to the public at well below sticker price. The Brussels-based European Car Manufacturers Association, known by its acronym in French, ACEA, ( www.acea.be ) announced today that Western European car sales were up 5.4 per cent in September compared with the same month last year at just over 1.1 million, bringing the total for the year so far to 8.8 million. Thats a fall of 4.0 per cent on the first nine months of last year. Peter Fuss, partner at consultants Ernst & Young Ernst & Young s Global Automotive Center in Frankfurt, Germany, said the recovery in car sales was down to the improvement in Europes economic outlook, with the Euro currency zone pulling out of recession during the second half of 2013. But with factory use down to less than 65 per cent by manufacturers, according to Fuss, this underlines the chronic overcapacity in Europe, which remains unresolved because of pressure from unions and governments to resist rationalisation. The European industry is looking for a bailout along the lines of the U.S. intervention on behalf of bankrupt GM and Chrysler, to allow it to finally shut-down uneconomic factories. But given the financial crisis in the euro zone, this is simply unaffordable. Ernst & Young expects an overall decline of three per cent in Western Europe for the whole year, and only modest growth next year. This growth will continue to be artificial one that is driven by discounts and self-registrations. We estimate it will take at least two years for the market to witness the real sales recovery, driven by replacement demand. As a result, profits for automakers are likely to remain challenged at least until 2014 is out, Fuss said. According to ACEA, Volkswagen of Germany remains the market leader with just under 25 per cent of the market. VW is still strongly profitable, and has brands like Audi Audi , SEAT, Skoda, Lamborghini and Bentley in its stable. In second place is PSA Peugeot Peugeot -Citroen of France at just over 11 per cent, followed by GM Europes Opel, Vauxhall and Chevrolet brands, Renault Renault of France, Ford Europe and Fiat of Italy.
The technology systems on which they are based have the same vulnerabilities as cloud based provisioning and indeed they may be less secure as software implemented in specific enterprise environments usually has extra vulnerabilities because the security features will not be standardised or as fully tested. It is also true that human factors remain the critical vulnerability of all computer systems (e.g. malicious insiders / over friendly employees). Moreover, IT systems today are not hermetically closed as in the past because of the use of mobile services, the trend towards using own devices and the sharing of platforms with customers, citizens, business partners, etc. . This is why cloud computing, with the right specifications, should be considered as a safer solution to store data than on-premises. Should encryption be used to protect sensitive information in transit and storage? Encryption can and should be used to protect sensitive information in transit and storage. The data is encrypted by the user, or by the provider, so that it is protected when going through the Internet, and to the cloud where it is stored. The data can be brought back through an encryption gateway for processing on secure servers. This makes encrypted data stored in the cloud a secure solution. It is true however that cyphers can be broken, or the keys can be accessed.
And as they benefit from cheaper feedstock and lower energy costs, they can easily compete against Europe’s regional refiners. “Cheap gas is making a huge difference to the profitability of U.S. refining industry. The loser is Europe. It has to be. There is no consolidation going on and no great consolidation hope,” Torbjorn Tornqvist, chief executive officer of trading house Gunvor told the Oil & Money conference this month. Diesel imports from Russia, Asia and the U.S. Gulf Coast reached a record 4 million tonnes in September, according to traders. “The trend of U.S. exporting products is going to continue, you’re going to see diesel coming from the United States to Europe for the foreseeable future,” the head of Glencore’s oil division Alex Beard said this month. 2013 may go down as one of the weakest in recent decades, as refining margins in the third and fourth quarter plummeted due to high crude costs and weak product demand. Total, Europe’s biggest refiner, said refining margins in the region had dropped to a near four-year low of $10.6 per tonne in the third quarter. Other than the old, simple East European refineries, plants in coastal areas such as Italy that are easily accessible for importing remain the most vulnerable.
Europe’s Car Sales Rally, Thanks To Discounts, Dealer Action
Thats a fall of 4.0 per cent on the first nine months of last year. Peter Fuss, partner at consultants Ernst & Young Ernst & Young s Global Automotive Center in Frankfurt, Germany, said the recovery in car sales was down to the improvement in Europes economic outlook, with the Euro currency zone pulling out of recession during the second half of 2013. But with factory use down to less than 65 per cent by manufacturers, according to Fuss, this underlines the chronic overcapacity in Europe, which remains unresolved because of pressure from unions and governments to resist rationalisation. The European industry is looking for a bailout along the lines of the U.S. intervention on behalf of bankrupt GM and Chrysler, to allow it to finally shut-down uneconomic factories. But given the financial crisis in the euro zone, this is simply unaffordable. Ernst & Young expects an overall decline of three per cent in Western Europe for the whole year, and only modest growth next year. This growth will continue to be artificial one that is driven by discounts and self-registrations. We estimate it will take at least two years for the market to witness the real sales recovery, driven by replacement demand. As a result, profits for automakers are likely to remain challenged at least until 2014 is out, Fuss said. According to ACEA, Volkswagen of Germany remains the market leader with just under 25 per cent of the market. VW is still strongly profitable, and has brands like Audi Audi , SEAT, Skoda, Lamborghini and Bentley in its stable.
Europe faces new wave of oil refinery extinctions
Diageo Plc (DGE.L), the world’s biggest spirits company, reported a 3.1 percent rise in sales for its first quarter, ended on September 30. While sales rose 10.9 percent in Latin America and the Caribbean, 5.1 percent in North America, they grew only 1.3 percent in Africa, Eastern Europe and Turkey and 0.6 percent in Asia Pacific – markets whose growth drinks firms have been relying on as austerity-hit Western Europe struggles. Sales in Western Europe fell 1.1 percent. Several analysts said Diageo’s results were below consensus expectations for an overall sales rise of 4 percent. Investec analyst Martin Deboo said the results for Diageo, were maker of Johnnie Walker whisky and Smirnoff vodka, fitted his sell thesis – “that emerging markets are set to make life difficult for Diageo for a while”. Both Diageo and France’s Remy Cointreau (RCOP.PA) cited a Chinese government crackdown on gift-giving as a drag on sales there. Remy, which generates about 40 percent of its operating profit from cognac sales in China, said wholesalers were reducing inventories after sales fell short of expectations during the Chinese New Year. The maker of Remy Martin cognac, Cointreau liqueur and Mount Gay Rum said revenue declined 5.3 percent on a like-for-like basis to 294.4 million euros (247 million pounds) in the three months to September 30, its second quarter, compared with a 2.3 percent decline in the previous quarter. Sales of Remy Martin cognac fell 8.3 percent like-for-like, compared with a 12.9 percent slump in the first quarter, and the firm said China would continue to weigh on sales in the coming months. A recent weakening of various currencies against the U.S. dollar has also hit results. Diageo, which made a net profit of 2.59 billion pounds in the year to June 30, said that, based on spot rates, foreign exchange factors would reduce 2014 operating profit by 165 million pounds. Meanwhile brewer SABMiller Plc (SAB.L), maker of Peroni and Grolsch beers, reported net revenue rose 6 percent in its second quarter, after a 2 percent rise in the first. Sales rose 4 percent in Latin America, 3 percent in North America, 12 percent in Africa, and 5 percent in Asia Pacific, but were flat in Europe. “We see this as a solid result in tough market conditions,” said Numis Securities analyst Wyn Ellis.
Even more astonishingly, some of its evidence-gathering sessions may be held in public, rather than in secret as is the norm. According to Malcolm Rifkind, the ISC chairman and a former UK defence secretary and foreign secretary (pictured above): In recent months concern has been expressed at the suggested extent of the capabilities available to the intelligence agencies and the impact upon peoples privacy as the agencies seek to find the needles in the haystacks that might be crucial to safeguarding national security. There is a balance to be found between our individual right to privacy and our collective right to security. The reaction from privacy activists has been cautious , and understandably so this is the same Malcolm Rifkind who last month downplayed the significance of Edward Snowdens revelations regarding the UKs own Tempora program, a partner program to PRISM, writing : On Tempora, it has been well known that the fibre optic cables that carry a significant proportion of the worlds communications pass close to the British coastline and could provide intelligence opportunities. The reality is that the British public are well aware that its intelligence agencies have neither the time nor the remotest interest in the emails or telephone conversations of well over 99% of the population who are neither potential terrorists nor serious criminals. Modern computer technologies do permit the separation of those that are of interest from the vast majority that are not. Shooting the messenger The announcement of limited public involvement in the ISC inquiry follows an extraordinary two weeks in which the Guardian, the British newspaper that has carried much of the Snowden material, has come under sustained attack from the new head of the UK Security Service (a.k.a. MI5), leading right-wing newspaper the Daily Mail and even fellow left-wing newspaper The Independent, whose former editor penned the immortal line: If MI5 warns that this is not in the public interest who am I to disbelieve them? The attacks from other journalists led editors from around the world to defend the Guardians journalism last week, but this week Prime Minister David Cameron piled on, urging MPs to investigate the publication because what theyre dealing with is dangerous for national security. Conservative MP Julian Smith also asked police to investigate the Guardian over terrorism offences . However, this official attitude is not unanimous. Late last week, business secretary Vince Cable said the Guardian was entirely correct and right even courageous to publish the Snowden material. Former Home Office minister Lord Blencathra also said the public had a right to know whether they were being spied upon, especially as proposed laws that would have allowed greater domestic surveillance had been repeatedly shot down. He said that, when his committee had been examining the last such proposal, the intelligence services had not told MPs that they already had mass surveillance capabilities. Of course, whatever the outcome of this inquiry, one thing it is not concerned with is the surveillance of the rest of the world by British intelligence services. Related research Subscriber Content ?
The two people had phoned in the same name based on the sketches, Detective Chief Inspector Andy Redwood said during the BBC’s “Crimewatch” program, which aired an appeal Monday night for information about a man police want to track down. The man was seen carrying a child matching McCann’s description on the night she vanished in 2007 around the resort town of Praia da Luz in Portugal. Police hope for new leads in McCann case New evidence in McCann case The man is described as white, between 20 and 40 years old, with short brown hair and a medium build. He was seen carrying a blond child, who might have been in pajamas and who was estimated to be 3 to 4 years old, around the time Madeleine disappeared, police had said. The sketches are based on descriptions from separate witnesses, investigators said. Since the program aired, British police said they have received more than 300 phoned tips and 170 e-mailed ones. “We will now take the time to follow up these lines of enquiry,” Redwood said. Police target 38 ‘people of interest’ in Madeleine McCann’s ’07 disappearance The latest revelation is critical in reconstructing what exactly happened more than six years ago on the night of May 3, 2007,when McCann disappeared from her family’s villa while her parents dined at a nearby restaurant. The girl was just days shy of her fourth birthday. Computer-generated sketch Computer-generated sketch Computer-generated sketch Neither her parents nor the detectives investigating her case have given up on one day finding the little girl from Leicestershire, England. “There may be an entirely innocent explanation of this man, but we need to establish who he is to assist with our inquiries,” Redwood said earlier. Additionally, investigators believe they have a better understanding of when Madeleine may have been abducted, Redwood added. “The timeline we have now established has given new significance to sightings and movements of people in and around Praia da Luz at the time of Madeleine’s disappearance.” John Walsh: Madeleine McCann could be alive Police announced in July that they have identified 38 “people of interest” in connection with the case. Twelve of them are UK nationals who police say they think were in Portugal at the time the girl went missing. All the others are European nationals.
UK could face power blackouts in winter 2014/15 – engineers
Credit: Reuters/Phil Noble LONDON | Thu Oct 17, 2013 9:53am BST LONDON (Reuters) – Britain could see widespread power blackouts during next year’s winter if a series of unforeseen events such as a cold snap or unplanned station outages occurs simultaneously, a report for an advisory body to the prime minister warned on Thursday. Britain’s power capacity margin, which is the production capacity available above demand levels, is expected to be dangerously low in the winter of 2014/15, an engineering report for the Council for Science and Technology said. Britain’s energy regulator Ofgem and network operator National Grid have also warned of shrinking margins and in response are creating tools aimed at reducing peak demand. “Although the electricity supply is expected to be sufficient to cover predicted levels of demand, it is likely to stretch the system close to its limits, notably during the winter of 2014-15, increasing the chances of power outages,” the Royal Academy of Engineering said in a statement accompanying its report. Over the coming year, Britain faces further closures of coal- and oil-fired power plants to comply with pollution laws. Additionally, several operators of gas-fired power stations have taken plants offline because high gas prices created losses for older facilities. The report said the government should speed up its electricity market reform (EMR) programme, which foresees paying generators of standby capacity to keep plants running. “Government will set the market conditions but it is private industry that will invest the necessary money,” said John Roberts, chair of the study’s working group. “Most of the energy companies operating in this country are international organisations that will invest in the UK only if it proves to be an attractive market.” The EMR is expected to be passed into law next year. (Reporting by Karolin Schaps; Editing by Dale Hudson)
Billionaire Slim’s Europe Plans on Hold as KPN Talks End
Demand for refined fuels in Italy dropped from 116 million tonnes in 2000 to 80 million tonnes in 2012, he said. In Scotland, the 210,000 bpd Grangemouth refinery was shut down earlier this week in a labour dispute that could lead to the plant’s full closure. A total of 16 European refineries, or 1.7 million bpd of refining capacity has been mothballed since 2008, according to the International Energy Agency. Europe’s nameplate capacity stood at around 16 million bpd in 2012, according to the IEA. Around 330,000 bpd of European refining capacity – or six Mantua refineries – need to be shut down every year by 2020 in order to meet declining demand and rising competitive pressures, Wech said. THE LOSER IS EUROPE Many of Europe’s refineries, numbering around 120, were built in the two decades following the Second World War and are heavily geared towards gasoline production. But as demand for gasoline sharply declined in recent years in favour of diesel, refineries today face a huge surplus of gasoline which is increasingly hard to sell overseas as demand from the United States weakens. At the same time, massive state-of-the-art refineries in the United States, Asia and the Middle East are sending ever-growing volumes of diesel to Europe. And as they benefit from cheaper feedstock and lower energy costs, they can easily compete against Europe’s regional refiners. “Cheap gas is making a huge difference to the profitability of U.S. refining industry. The loser is Europe. It has to be. There is no consolidation going on and no great consolidation hope,” Torbjorn Tornqvist, chief executive officer of trading house Gunvor told the Oil & Money conference this month.
Still, deliveries — which include European Union members as well as Switzerland, Norway and Iceland — are set to contract in 2013 for a sixth consecutive year and hit a two-decade low. The situation is clearly improving, Carlos Da Silva, a Paris-based analyst with IHS Automotive, said in an e-mail. Europe is not in brilliant shape, yet the underlying trend of the market is calling for a certain dose of optimism. Among the regions five biggest markets, Spain posted the largest increase. Sales rose 12 percent in the U.K., where consumer confidence was at a six-year high in September, and climbed 3.4 percent in France . Registrations fell 1.2 percent in Germany, Europes biggest economy, and 2.9 percent in Italy . Dacias Surge Renaults deliveries were helped by a 40 percent surge at the no-frills Dacia brand, which entered the U.K. in 2013. Dacia in the last two years has introduced new versions of the Sandero hatchback and Logan sedan, while the namesake marque has brought to market its first compact crossover, the Captur, as well as a revamped Clio hatchback. Daimlers delivery gain was propelled by a 14 percent jump at the Mercedes-Benz brand, which added the CLA four-door coupe in April as part of a compact-car push. The vehicles include a new version of the van-like B-Class and a redesigned A-Class hatchback. The German carmaker also presented an overhauled S-Class sedan in May and brought a revamped upscale E-Class to market in April.
Europe’s Car Sales Rally, Thanks To Discounts, Dealer Action
But much of this improvement has been down to huge spending by the manufacturers on discounts and price cuts, while dealers are being persuaded to buy the excess cars on their lots which count as new car sales. These will eventually be sold on to the public at well below sticker price. The Brussels-based European Car Manufacturers Association, known by its acronym in French, ACEA, ( www.acea.be ) announced today that Western European car sales were up 5.4 per cent in September compared with the same month last year at just over 1.1 million, bringing the total for the year so far to 8.8 million. Thats a fall of 4.0 per cent on the first nine months of last year. Peter Fuss, partner at consultants Ernst & Young Ernst & Young s Global Automotive Center in Frankfurt, Germany, said the recovery in car sales was down to the improvement in Europes economic outlook, with the Euro currency zone pulling out of recession during the second half of 2013. But with factory use down to less than 65 per cent by manufacturers, according to Fuss, this underlines the chronic overcapacity in Europe, which remains unresolved because of pressure from unions and governments to resist rationalisation. The European industry is looking for a bailout along the lines of the U.S. intervention on behalf of bankrupt GM and Chrysler, to allow it to finally shut-down uneconomic factories. But given the financial crisis in the euro zone, this is simply unaffordable. Ernst & Young expects an overall decline of three per cent in Western Europe for the whole year, and only modest growth next year. This growth will continue to be artificial one that is driven by discounts and self-registrations. We estimate it will take at least two years for the market to witness the real sales recovery, driven by replacement demand. As a result, profits for automakers are likely to remain challenged at least until 2014 is out, Fuss said. According to ACEA, Volkswagen of Germany remains the market leader with just under 25 per cent of the market. VW is still strongly profitable, and has brands like Audi Audi , SEAT, Skoda, Lamborghini and Bentley in its stable.
Europe faces new wave of oil refinery extinctions
Slim directed America Movils highest-ranking executives to negotiate with KPN, including Chief Executive Officer Daniel Hajj, Chief Financial Officer Carlos Garcia-Moreno and Elias, who is director of strategic alliances for the companys landline unit. Slim, 73, didnt personally take part in the talks, said Elias, who like Hajj is a son-in-law of the billionaire. Telefonica Deal The companies failed to reach an agreement even after America Movil helped KPN negotiate a better price from Telefonica SA (TEF) for its German unit, E-Plus. After discussions with Slims company, Madrid-based Telefonica agreed in August to raise its bid for the KPN unit to 8.55 billion euros from 8.1 billion euros. A Telefonica press official declined to comment yesterday. The transaction is awaiting regulatory approval. KPN had argued that a tax offset from the sale of E-Plus makes the company more valuable, people with knowledge of the discussions said earlier, asking not to be identified because the talks were private. KPN was seeking as much as 3 euros a share from America Movil, said Robin Bienenstock , an analyst at Sanford C. Bernstein & Co. in London . They came in to make an offer for a company without fully understanding the rules of the market, she said.