Lacazette sends message to Arsenals top four rivals

first_imgArsenal striker Alexander Lacazette was an important player as the Gunners closed the gap to Chelsea to three points with a win over the Blues on Saturday.The France international scored the first goal as Arsenal won 2-0 at the Emirates Stadium to move to within three points of Maurizio Sarri’s men who sit in fourth position in the Premier League.Speaking after the game, Lacazette sent a strong message to the Gunners top four rivals.“[We are now] Three points to Chelsea, we are still in the race and we will fight until the end,” he told BT Sport, as quoted by Football.London.“It is what the coach asked us for. We fight all the game.”Premier LeaguePremier League Betting: Match-day 5 Stuart Heath – September 14, 2019 Going into the Premier League’s match-day five with a gap already beginning to form at the top of the league. We will take a…“It was not easy for us.”Meanwhile, the former Olympique Lyonnais star said he was delighted to get on the scoresheet as he helped Arsenal into the lead early on in the game with a powerful strike that flew past Chelsea goalkeeper Kepa Arrizabalaga.“It was a good ball from Hector [Bellerin] and I am happy,” he added.last_img read more

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Higginbotham reveals why Pogba Rashford are excelling at Man Utd

first_imgFormer Manchester United defender Danny Higginbotham gave his verdict on Paul Pogba and Marcus Rashford’s strong form.Since Ole Gunnar Solskjaer’s appointment as an interim coach at United, Pogba has managed six goals and five assists in nine appearances and produced another brilliant display to assist Rashford for the match-winner against Leicester City on Sunday.Meanwhile, Rashford himself has found the net six times since Solskjaer moved him into his preferred centre-forward role.“They’ve got their best players playing in their best positions and it’s proving hugely successful for them,” Higginbotham told Sky Sports.“Obviously, there are still question marks over the defensive side of the team, but they are scoring so many goals.“You’ve got Marcus Rashford playing in his favourite position through the middle and he is going from strength to strength. The run he is on at the moment is unbelievable.“And then there’s Paul Pogba. He’s now looking like the player that is one of the best midfielders in the world and he’s been given the freedom to go and express himself.”Nine wins and a draw have enabled United to reach the fifth round of the FA Cup and close the gap to the top-four in the Premier League table to just two points under Solskjaer.Higginbotham added: “You’ve got to give Ole Gunnar Solskjaer unbelievable credit. “Everything he touches turns to gold.Harry Maguire, Manchester UnitedLiverpool legend Nicol slams Harry Maguire’s Man United form Andrew Smyth – September 14, 2019 Steve Nicol believes Harry Maguire has made some “horrendous mistakes” recently, and has failed to find his best form since joining Manchester United.“I’ve heard a number of people saying anybody could have gone in and done that. No, they couldn’t, I’m sorry but they couldn’t. It doesn’t work like that.“What he’s done is he’s gone in there and looked at the team. What you see with the top managers and we see it all around world football, play your best players in their best positions and build a team around them in order to get the best out of them.”As for whether the Red Devils can snatch a top-four spot, Higginbotham said: “I think so and that’s something we wouldn’t have said a couple of months ago.“You have to give Solskjaer great credit because United are now playing to their strengths.”Rashford was named United’s Player of the Month for his strong performances in January.Horn Hill ➡️ Castle Black ➡️ The Citadel ➡️ Winterfell ➡️ Manchester 🏆Thanks for coming all this way to present @MarcusRashford with his #MUFC POTM award, @JohnBradleyWest! 😁 pic.twitter.com/mWz6Uovznh— Manchester United (@ManUtd) February 7, 2019last_img read more

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Government consults on pensions advice allowance

first_imgThe government has launched a consultation on whether defined contribution (DC) pension members should be able to access their retirement funds early to pay for financial advice.The consultation, which will run for eight weeks until 25 October 2016, focuses recommendations by the Financial Advice Market Review (FAMR), announced in the March 2016 Budget, which proposed the creation of a Pensions Advice Allowance. This would enable individuals to take £500 tax free from their DC pension to redeem against the cost of pre-retirement financial advice.The tax-free amount would be in addition to the tax-free lump sum that becomes available when benefits are ultimately taken.The Pension Advice Allowance, which would be aimed at making financial advice more accessible and affordable, would be available for those under the age of 55. It would not be mandatory for pension providers to offer.The FAMR also suggested further tax changes to improve the current exemption for employer-arranged advice, with the government also exploring whether the proposed Pension Advice Allowance could be used in conjunction with a tax exemption for employer-arranged advice, potentially giving employees access to up to £1,000 of financial advice.These proposals would be expected to come into force from April 2017.Tom McPhail, head of retirement policy at Hargreaves Lansdown, said: “This is good news for consumers, extending the ways in which they can access professional help as they approach retirement.“There are various risks which will need to be guarded against, such as fraudsters targeting this new facility by pretending to be financial advisers, or investors splitting their pension into multiple small pots to strip all their money out in £500 tax-free chunks with the help of an adviser.“There may also be complications with some robo-advice models, which charge relatively little for the advice but substantially more for the subsequent administration services.“The government has also flagged the age at which this facility should be available as an issue for consultation. This is important because the vast majority of investors only consider their retirement options within the last two years before they draw on their pension pots; for many it only happens a few months out.“By permitting access earlier, for example from age 55, the government may succeed in driving a behavioural change towards earlier engagement with retirement options.”last_img read more

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The internet is changing Africa mostly for the better

first_imgAndela, a Zuckerberg Chan-sponsored tech company in Nigeria.  Andela Anyone can get into Nigeria’s tech scene, says Chibuzor Obiora. That wasn’t true just a few years ago. A 29-year-old developer, Obiora began coding in 2014 when he was hired by Andela, a Chan-Zuckerberg Initiative-sponsored tech firm that offers Africans paid training in software development. Back then, his colleagues were all men around his age and older. But in the past five years, the software development industry in Nigeria has become more mainstream. As young Nigerians figured out they could learn to code and make money relatively quickly, Obiora says, the industry’s average age plummeted and its makeup became diverse. “It’s not just guys anymore,” he said. “At Andela, I was colleagues with ladies as well, much older women who’d just had kids, married men who’ve had kids, women who wore the hijab.” Widespread internet access is changing the African continent, largely thanks to the rise in smartphone ownership. Many Africans who are unable to afford costly broadband connections can now access the web for the first time, via sub-$50 Android phones. The rate of adoption continues to surge: A GSMA study predicts Africa will get 300 million new internet users by 2025.  Now the CTO of his own startup, Obiora and all of his old Andela colleagues are riding the rising tech wave. obioraObiora and Andela co-founder Jeremy Johnson.  Andela Africans say there’s much to be hopeful about. Basic internet services tangibly improve quality of life. Something as simple as an app that coaches women giving birth saves lives in countries like Ethiopia, where a vast majority give birth outside of health facilities. Rudimentary internet access can facilitate huge productivity boosts for agriculture workers around the continent; farmers, for instance, save precious time by accessing market prices through their phones instead of a physical trip into town. But there are some consequences of internet adoption that could temper optimism. Africa is a continent historically beleaguered by authoritarianism, unrest and underdevelopment. The internet isn’t inherently a force for progress or disruption, but instead is a tool that can be used for either of those ends. Some of the internet’s applications are helping to build up Africa, while others are exacerbating the continent’s problems. Money on my mobile As a citizen of Nigeria, Obiora is confident in the ability of internet media, both traditional and social, to educate and engage Africans. But he’s also noticed a growing problem. “There’s a huge online betting market in Nigeria,” he said. “It’s one thing to be able to walk to a shop and buy a ticket. … it’s another thing to access hundreds of betting platforms online.” Gambling, particularly in the form of sports betting, rankles Africa’s more developed nations. Around 60 million Nigerians aged between 18 and 40 bet daily, according to a poll from the News Agency of Nigeria. This isn’t a problem unique to Africa. The world’s 10 most gambling-prone populations live in first-world countries. Australians are the world leaders in losing money to gambling, and online sports betting is the fastest-growing sector of the country’s gambling market. The concern is that most Africans have more to lose than Western gamblers. Half of Nigeria’s population lives below the poverty line, according to the World Bank, and millions of people bet what little money they have in the hopes of earning more. The betting motivation most cited in NAN’s survey was a need to make a quick buck. Mada Savings ClubNigerian women and their mobile phones. Getty Images There’s a clear correlation between smartphone ownership and online gambling. Kenyans gamble more after buying a smartphone, according to a 2017 study by the Digital Skills Observatory, a Bill and Melinda Gates-funded firm. Over 20 percent of participants bought a smartphone specifically for betting. Online gambling is aided through internet access and mobile payment platforms, which have boomed in Africa throughout the past decade. Still, this is an area where the pros outweigh the cons. Mobile payment apps allow Africans to circumvent the continent’s inadequate financial infrastructure. Just 34 percent of Africans had bank accounts in 2014, according to the World Bank. This makes a challenge out of tasks that Westerners take for granted, like paying bills for utilities. It’s been a life-changer, especially for Africans who don’t live in cities. For the past few years, US companies like Zola Electric and Black Star Energy have begun setting up solar-powered equipment and infrastructure in rural parts of Rwanda, Tanzania, the Ivory Coast and Ghana. Now playing: Watch this: 3:57 5 These areas are often without access to either financial institutions or the energy grid. The electricity produced by Zola and Black Star has brought electric lights to villages for the first time, replacing less effective and more dangerous kerosene lamps, enabled in many cases by Africans being able to pay bills remotely via mobile payment platforms Zola can only operate in rural areas because of mobile platforms, which are a “core part” of the company’s business model, according to Alessandro Pietrobon, the company’s head of data and analytics. Customers who buy Zola products get the added benefit of having a transaction record, which Pietrobon says acts as a proxy to credit rating with banks and other financial institutions. It sounds like a sales pitch, but it’s backed up by a 2016 study published by MIT. Between 2008 and 2015, M-Pesa, Kenya’s most-used mobile payments app, had lifted 194,000 Kenyan households out of poverty. Accessing a mobile wallet improved the financial literacy of many users, which in turn helped pull them over the poverty line.  Far from just improving lives, mobile payment apps have also saved them. Broken or inefficient financial systems, as well as corrupt or authoritarian governments, often stymie humanitarian aid. Mobile payments offer a solution, as funds can be sent directly to those who need them. Essential Ebola aid workers in Sierra Leone were sustained via mobile payments in 2014. Humanitarian organizations used mobile payments to send money directly to 20,000 Somalian families during a famine in 2011. Without mobile platforms, Oxfam says, “this aid would not have been possible.” SUDAN-POLITICS-UNRESTThousands of Sudanese protested the reign of Omar Al-Bashir in April. Ozan Kose / AFP/Getty Images Rise together, fall together On April 11, Sudan’s president, Omar Al-Bashir, was ousted in a military coup. Al-Bashir had presided over Sudan for 30 years, during which time he was accused of sponsoring terrorism and facilitating a civilian genocide. Just nine days before his exit, Algerian President Abdelaziz Bouteflika resigned. Bouteflika’s authoritarian regime has left Algeria underdeveloped, high in corruption and low in human rights. Both leaders were toppled following months of mass protests by citizens in their respective countries. Mobile phones played a powerful role, according to Judd Devermont, director of the Africa Program at the Center for Strategic and International Studies and a former US national intelligence officer for Africa. “Sub-Saharan Africa in 2008 had about 800 protests. In 2018 there were just under 4,000 protests,” he said. Part of that escalation can be chalked up to more phones and internet users “lowering the barriers to organizing.” To demonstrate how much of a threat phone and internet access poses to authoritarianism, Devermont says you only have to look at how authoritarian governments try to suppress these communications tools. The governments of both Sudan and Algeria intermittently blocked the internet as public unrest mounted against their respective regimes. (Curiously, Algeria’s government also shut down the internet intermittently in 2018 to prevent students from cheating on high school exams.) Chad’s internet has been blocked by its government since last May. Uganda in 2018 began taxing people for using social media platforms, leading to a precipitous drop in their use. The most popular Google search by Ugandans last year, Devermont said, was “what is a VPN?” Mobile phones and the internet can’t create a democracy out of an autocracy, but they can facilitate the necessary first steps. But just as the internet can be used to fuel democracy, it can also be used to disrupt it. In the US, fake news — information specifically designed to misinform — has mostly found its home on Facebook and Twitter. In many developing nations, Facebook’s WhatsApp messaging app has been the most troubling platform for the spread of misinformation. Like chain mail on steroids, specious information is blasted through WhatsApp by people forwarding “news” to hundreds of contacts at a time, who in turn send it on to their contacts. Africa’s most infamous example comes from Nigeria. In late 2017, a London-based political activist circulated a story on YouTube that Nigerian President Muhammadu Buhari died and had been replaced by a Sudanese lookalike named Jubril. It caught fire on WhatsApp, gaining enough momentum that Buhari himself refuted it in a speech last year. “I did see that,” Obiora, the Nigeria-based startup CTO, said. “WhatsApp, as usual, was the culprit.” Nigerian President Muhammadu Buhari addresses an audienceNigerian President Muhammadu Buhari addresses an audience following his re-election in February. Kola Sulaimon / AFP/Getty Images When people in the West think of fake news, they usually think of divisive politics and spurious reports. Africa certainly has that; from 2016 into 2017, South Africa was roiled by a fake-news campaign that sought to divide the country along racial lines, to distract from then-President Jacob Zuma’s corruption. But there’s another type of misinformation that spreads through Africa that can be even more dangerous. Many people across Africa get health information forwarded to them from friends and family through WhatsApp, says Kate Wilkinson, the acting deputy chief editor of fact-checking company Africa Check. She says the organization increasingly spends its time debunking false health information.   “We often think of fake news as having political implications and societal implications, which it does,” she said. “But when it comes to health, people die.” Wilkinson recalls a story of a mother who brought her blind children into a health clinic. The mother had poured battery acid into her children’s’ eyes because she was told it could cure conjunctivitis. Africa Check, a Bill and Melinda Gates Foundation-sponsored firm, is fighting fire with fire. The company has set up a WhatsApp line that allows people to forward messages they suspect may be misinformation, which can then be verified or debunked. “We’ve been completely inundated by people adding us and sending us content,” Wilkinson said. “The response has been enormous.” The circulation of dangerously inaccurate health information isn’t new. There was a Nigerian movement in the late ’90s and early 2000s urging people to stop vaccinating their children against polio, as such remedies were claimed to be part of a plan for the government to sterilize the country’s women.   A dangerous game Mobile adoption is just one element of an ascendant Africa. The continent is also experiencing a boom in infrastructure development and, with 320 embassies built in Africa between 2010 and 2016, improved diplomatic relationships with other nations. But increasing prominence on the world stage means having to navigate geopolitical quagmires. African leaders have learned this the hard way. In 2012, the Chinese government dropped $200 million to fund a new headquarters for the African Union, a bloc of 55 nations, similar to the European Union. China said it was a gift. Five years later, French publication Le Monde revealed the building had been bugged, with confidential data sent to servers in Shanghai every night for half a decade. (This was allegedly done via a backdoor, the same fear the US government has of Huawei’s infrastructure.)  China, along with Russia and the United States, has taken a particular interest in Africa, says Adam Meyers, vice president at Crowdstrike, a Washington-based cybersecurity firm. “[China is] building stadiums, they’re investing in infrastructure,” Meyers said, “and with that comes Huawei equipment, and with that they built the African Union building in Ethiopia that turned out to be completely compromised with network tapped equipment. “There’s a lot of geopolitics in Africa going on so I think from a cyber perspective that’s a huge concern,” he added, noting that North Korean hackers have also been increasingly targeting African businesses.  Chinese investment in AfricaThe Africa Union building being built in 2010. It was a “gift” from China, but was later found to be bugged. Per-Anders Pettersson Devermont, of the Center for Strategic and International Studies, also has worries about Africa, for its challenges in and out of tech. He’s concerned that authoritarian governments will leverage other Chinese technology, like AI-powered CCTV cameras, to repress citizens. But he says there’s much to be hopeful about. “I am optimistic about a number of things in Africa,” he said. The entrepreneurial spirit of the continent is “incredible,” he says, and its digital economy is growing impressively. Internet access can also usher in new levels of voter education and help keep governments to account. Africa’s relationship with the internet isn’t unique. Fake news has been a major problem in the US, where Russian interference and Facebook data affected the 2016 election result. Misinformation has proved deadly in other countries, most notably in India, where WhatsApp-spread rumors have fueled mob violence that has led to the wrongful deaths of over 30 people. For Africa to get the most out of the internet boom, governments will need to chip in. A more educated, aware public may help mitigate the risks. In Nigeria, Obiora says his government should do more to teach locals about digital literacy, of the power and problems the internet harbors. Then again, he says, Nigeria’s leaders could also use a primer. “One of the biggest challenges we have is the inability of our government to understand the incredible opportunity and value the tech boom presents.” Tags Internet Tech Industry Comments Taking health care to the people Huawei Share your voicelast_img read more

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Man fakes death in video to avoid paying clip goes viral

first_img.Police have detained a man who faked his murder on social media — using red fruit juice as imitation blood — to avoid paying out $1,800 on a cricket bet, a senior officer said Tuesday.A video of Adel Shikder’s purported murder was shared some 10,000 times within days, prompting a hunt for his body.”He hired a film make-up artiste who is an occasional videographer to film his ‘murder’ after he lost a bet of 150,000 taka ($1,800) on the Nidahas trophy final between Bangladesh and India,” senior Dhaka police official Kamruzzaman Sardar told AFP.Bangladesh lost the 18 March match in Colombo when India’s Dinesh Karthik hammered a last-ball six to clinch an improbable victory.Police said three people are seen in the video. Two appeared to slit the throat of Shikder, 28, after holding him down.They used red fruit juice syrup as fake blood on his body while photos of a slit throat were shared on social media.Shikder sent the film anonymously to the person to whom he lost the cricket bet.”He had won Tk 40,000 from the same person during the Bangladesh-Sri Lanka semi-final, which Bangladesh won. He spent the money and then he made a bigger bet in the final,” Sardar said.Police said Shikder phoned his younger brother by changing his voice and told him the body was in Chittagong, some 200 kilometres (125 miles) southeast of the capital.Relatives and police searched for the corpse there after Shikder’s panicked parents lodged a complaint.The case unravelled after police arrested the make-up artist on Saturday and the next day Shikder was detained in the central district of Faridpur, Kamruzzaman said.”I did it so that he did not seek any money from me. I did not realise it would cause all this,” Shikder said when paraded before television cameras.Betting is illegal in Bangladesh. But in recent years underground betting on cricket has boomed, with millions of dollars changing hands during internationals and Bangladesh Premier League games.last_img read more

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At least 4 killed in Pittsburgh synagogue shooting

first_imgMap of the United States locating shooting in Pittsburgh, Pennsylvania. AFPAt least four people were killed and three officers injured responding to an active shooting incident in the area of a Pittsburgh synagogue on Saturday, local media and CNN reported.”There are fatalities,” an emergency responder said on local television station KDKA that was simulcast on CNN. The conditions of the officers were not immediately known.One white male suspect was in custody, KDKA said, adding that responding officers “received fire.”Earlier, a police commander said the shooting resulted in “multiple casualties.” Police surrounded the Tree of Life synagogue after reports of an active shooter at the building in the city’s Squirrel Hill neighbourhood, local TV news images showed.”Do not come out of your home right now, it is not safe,” Pittsburgh police commander Jason Lando warned local residents, in an impromptu news conference at the scene.The Pittsburgh Public Safety Department had said on Twitter that there was an active shooter in the area of the location of the synagogue.Local TV news footage showed police at that location with rifles and wearing helmets and other tactical gear. Paramedics also were stationed near the synagogue and police vehicles were blocking some streets in the area.US president Donald Trump said in a tweet he was watching developments in a shooting incident on Saturday morning in Pittsburgh where it looked like there were “multiple fatalities.”The Tree of Life synagogue describes itself on its website as a conservative congregation that is traditional, progressive and egalitarian.last_img read more

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Facebook Invests In Renewables With Texas Solar Project

first_imgBen Margot/AP/FileThis July 16, 2013, file photo, shows a sign at Facebook headquarters in Menlo Park, Calif. The Boston-based renewable energy developer Longroad Energy announced in May 2019 that Facebook is building a massive new solar farm in West Texas.Facebook is building a massive solar farm in West Texas that’s believed to be one of the largest solar projects in the nation and the social media giant’s first direct investment in renewable energy.Boston-based renewable energy developer Longroad Energy recently announced it was partnering with Facebook on the $416 million project, just as Facebook is finishing construction of a data center near Albuquerque.The Prospero Solar project just north of Odessa will have a capacity of 379 megawatts. That’s enough to power around 72,000 homes based on the national average, the Solar Energy Industries Association said.The project goes beyond Facebook’s goal to use renewable energy to power its data centers, where the social media giant stores photos, videos and other information that people post on the platform.Prospero Solar is expected to be completed next year and will take up around 7 square miles (18 square kilometers) — more than five times the size of Central Park in New York City.California-based Facebook will be the sole tax equity investor, Longroad said.Ben Inskeep, a research analyst for EQ Research, a North Carolina-based renewable energy consulting firm, said it makes sense for Facebook to invest in solar power because renewable energy is becoming more affordable and its data centers have huge operating costs.“West Texas has some of the best solar resources in the nation,” Inskeep said. “So it’s not about saying you support renewable energy. It makes good business sense.”Shell Energy North America and Facebook will share the power generated by the solar farm.“Facebook is excited to be one of the first companies to use a direct investment to meet our renewable energy goals,” company energy strategy manager Peter Freed said in a statement.CEO Mark Zuckerberg announced in April that Facebook was building six new solar projects to support its data centers. They house tens of thousands of computer servers, which are linked to the outside world through fiber-optic cables.“Our data centers are already some of the most energy efficient in the world, and last year we set a goal for all our data centers and offices to use 100% renewable energy by 2020,” Zuckerberg wrote on his personal Facebook page. “These new solar projects will help us reach that goal.”It comes as Facebook battles New Mexico regulators over a new transmission line to its data center in the small town of Los Lunas.State regulators last month declined to reconsider their decision for the largest utility to bill Facebook $39 million for the transmission line. They said ratepayers could not be charged for the project because the line wouldn’t benefit retail customers.The Public Service Co. of New Mexico said it’s disappointed by the decision and is reviewing options for how to proceed.The New Mexico data center is one of seven such sites for Facebook, and includes six buildings for data storage. It is situated on a patch of desert at the edge of Los Lunas, which lies just beyond the edge of New Mexico’s largest metropolitan area and along the Rio Grande.Each of the data center’s buildings is roughly the size of four football fields and has several “data halls,” or darkened, vast rooms where Facebook plans to store dozens of rows of towering servers. Two of those halls are now in operation, while construction that began more than two years ago will continue until 2023, the company said. Sharelast_img read more

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Madame Tussauds all set to dazzle Delhi

first_imgIndia prepares for the world’s largest and most renowned entertainment operators – Merlin Entertainments, to open their doors to the most aspiring and awe-inspiring attractions on this planet. Madame Tussauds, the legendary wax attraction entertainment hotspot is soon to launch in New Delhi and will be the latest tourist and locals’ experiential zone. The dazzling entertainment zone, uniquely planned for visitors to interact with their favourite stars and figures of inspiration is set to launch in early summer of 2017. Located in the heart of Delhi – Connaught Place at Regal Cinema, the team is thrilled about the exhilarating experience they are about to embark on. Merlin Entertainments is committed to bringing lifetime experiences, which influence people, and Madame Tussauds is a testimony to their global reach. Also Read – Add new books to your shelfThis is the 23rd edition of Madame Tussauds, and the Merlin Entertainment team is gearing for a red carpet welcome. The first ever Madame Tussauds is all set to spellbind the Indian audiences by showcasing a wide array of influential icons from across the globe, who have thrived to inspire us through their stunning performances on the reel and real life while making a great contribution towards shaping the world. India, known for her diverse entertainment industry, heritage, and glittering Bollywood star-studded figures will become an “iconic attraction.” The wax attraction will exhibit over 50 figures from diverse leagues such as history, sport, music, film, and TV. Each wax figure is created with the expertise of over 20 international and local artists working at a time to ensure an authentic visitor experience. Also Read – Over 2 hours screen time daily will make your kids impulsiveMr. Anshul Jain, General Manager, and Director, Merlin Entertainments India Pvt Ltd said, “We are more than delighted to inform you that we are in the final phase of launching Madame Tussauds in Delhi. The Wax Attraction will provide an immersive and exhilarating experience of the glittering world of renowned celebrities and personalities, from Prime Minister  Narendra Modi, God of Cricket Mr Sachin Tendulkar to glamourous divas like Kim Kardashian for the Indian audience. We will also have a broader focus on Indian celebrities, I am sure that all the locals and tourists will cherish meeting their idols who have influenced their lives in different ways.”Madame Tussauds, Delhi will be an attraction that truly represents the fascinating world of politics, glamour, sport, and music, through planned themes and interactive platforms. Visitors can interact with the life-like figures of the celebrities fulfilling their dreams of being up close and personal with their favourite icons.last_img read more

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Snyder briefs Glenn legislative leaders on energy policy

first_img Categories: Glenn News 12Mar Snyder briefs Glenn, legislative leaders on energy policy Rep. Gary Glenn, R-Midland, chairing a House Energy Policy Committee hearing held Thursday, March 11.Lansing — House Energy Policy Committee Vice-Chairman Gary Glenn, R-Midland, was among eight legislative leaders invited by Gov. Rick Snyder to a briefing Thursday on the governor’s upcoming energy policy address, scheduled for Friday morning. Glenn was the only first-term legislator in either house invited to participate in the briefing, which was conducted personally by Snyder in the governor’s office. Glenn said he is “taking very seriously the responsibility of a leadership role in developing Michigan’s future energy policy, and I certainly appreciate the opportunity to be briefed by Gov. Snyder and ask questions about his plans to meet our future needs for competitive and reliable energy.” Glenn said the state’s energy policy and ability to provide electricity at competitive prices is key to attracting and retaining thousands of jobs provided by major manufacturing firms in the Bay and Midland counties legislative district he represents. He cited a public address two weeks ago by Dow Chemical chief executive officer Andrew Liveris in which Liveris said Midland would be the site of more Dow expansions in the future if Michigan can provide more competitive energy rates. Michigan currently has the highest electricity rates in the Midwest. “As I pledged last year, my focus in this office will be on making Michigan more attractive and more competitive for new business and industry,” Glenn said. “More competitive energy prices are certainly a major factor in our ability to compete for new or expanded plant sites and new jobs here in mid-Michigan.” He said the issue is critical to the success not only of Dow Chemical operations in Michigan, but of other major area employers such as Dow Corning, Hemlock Semiconductors, and Midland Cogeneration Venture. Glenn Wednesday chaired the House Energy Policy Committee for the first time when the committee’s chairman, Rep. Aric Nesbitt, R-Lawton, left the chair in order to testify before the committee in support of a package of energy reform bills Nesbitt is proposing.Gov. Rick Snyder and Rep. Gary Glenn, R-Midland. (File photo)Glenn and Nesbitt were joined in the gubernatorial briefing by Speaker of the House Kevin Cotter, R-Mount Pleasant, House Democratic Leader Tim Greimel, D-Auburn Hills; and Energy Committee Minority Vice Chairman Rep. Bill Lavoy, D-Monroe. Attending from the state Senate were Majority Leader Arlan Meekhof, R-Olive Township; Rep. Mike Nofs, R-Battle Creek; and Minority Leader Jim Ananich, D-Flint.last_img read more

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Family testifies on bill to honor Army Spc Robert M Friese

first_img27Feb Family testifies on bill to honor Army Spc. Robert M. Friese Legislation names portion of Clare County highway after fallen soldierState Rep. Jason Wentworth testified before the Michigan House Transportation and Infrastructure Committee with Clare County Veteran Services Director Renee Haley (second from right), Robert Friese’s mother Cindy Friese (right) and Robert Friese’s fiancé Brittany Minterfering (left).The family of deceased Army Specialist Robert M. Friese and Clare County Veteran Services Director Renee Haley joined state Rep. Jason Wentworth today before the House Transportation and Infrastructure Committee to name a portion of highway in Clare County after the fallen soldier.Friese’s mother Cindy Friese, his fiancé Brittany Minterfering, and her mother and grandmother, Lori Minterfering and Pam Heath testified in support of Wentworth’s bill to rename the highway. “Robert Friese is a hometown hero who paid the ultimate sacrifice serving the country that he loved,” said Rep. Wentworth, of Clare. “He made a huge impact on our community and this is a fitting tribute for him in Clare County.”On April 29, 2011, Friese was killed in Kut, Iraq when his unit was attacked by enemy forces.Friese was a recipient of the Army Achievement Medal, National Defense Service Medal, and Iraq Campaign Medal with campaign star. The bill will rename a portion of Business Route 127 as the SPC Robert Friese Memorial Highway.House Bill 5394 now moves to the full House for consideration.### Categories: Wentworth Newslast_img read more

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Local residents can meet with Rep Crawford on May 17

first_img10Apr Local residents can meet with Rep. Crawford on May 17 State Rep. Kathy Crawford of Novi invites residents to attend her “Coffee with Crawford” monthly office hour on Thursday, May 17 from 5:30 to 6:30 p.m. at the Salem-South Lyon District Library, 9800 Pontiac Trail in South Lyon.“Monthly office hours are a great way to meet residents and discuss important issues,” Rep. Crawford said. “Listening to the concerns of people in our communities is one of my top priorities as a state legislator.”No appointment is necessary. Those unable to attend may contact Rep. Crawford at 517-373-0827 or via email at KathyCrawford@house.mi.gov. Categories: Crawford Newslast_img read more

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Madagascan digital terrestrial TV operator Bluelin

first_imgMadagascan digital terrestrial TV operator Blueline has partnered with Sweden-based Cryptoguard for content security.Blueline will replace its existing conditional access security system with Cryptoguard’s CAS service, making it the first African DTT operator to use Cryptoguard.Blueline CEO Damien Lamberterie said that Cryptoguard would “strengthen the security of content” and would offer a better customer experience to subscribers. He added that the firm chose Cryptoguard for its “reliability, power and manageability.”“Blueline is an ideal customer since we have designed our system to suit even small and medium sized operators with a limited budget,” said CryptoGuard sales director Jesper Stal.Cryptoguard will be exhibiting at ANGA COM on Stand G35, Hall 10.2.last_img read more

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Channel 4 has partnered with mobile games firm Sub

first_imgChannel 4 has partnered with mobile games firm Subunderground for Pirate Quest, a new game that is due out later this year.All 4 Games, Channel 4’s gaming publishing arm, teamed up with Subunderground on the app, which tasks players with conquering seven pirate clans by shooting enemies, looting treasure and sacrificing crew to defend their ships.“All 4 Games have been an incredible help in completing Pirate Quest. They instantly understood our vision for the game, and their support has enabled us to throw ourselves into delivering a beautiful, fun experience, while they ensure we can reach as many players as possible,” said Harvey Greensall, co-founder of Subunderground.Colin MacDonald, head of All 4 Games, added: “It’s been great working with the guys at Subunderground on their first game as a company, as they bring an artistic edge that makes their games so engaging and user friendly.”Channel 4’s Glasgow based games arm launched in summer 2015 with the aim to release Channel 4-funded mobile games and games from third party developers as part of an aggregated All 4 Games brand. Its first three titles, Fire Fu, Super Arc Light and Apestorm, were unveiled in January.last_img read more

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I should be making 80000 per year I had arr

first_img“I should be making $80,000 per year.” I had arrived early at the local middle school for our weekly pickup basketball game, and was casually shooting baskets and chatting with the only other early bird, a youthful Vermont State Trooper. “But when I finished the academy, New York had a hiring freeze, so I came to Vermont to get a job. Vermont only pays me $70,000”, he said. I found it curious that he would share such private information, since we had just met five minutes ago. But my thoughts quickly turned to his earnings. Earlier in our conversation, he had said he’d only been a cop for two years and went to the academy straight from college. That, along with his boyish appearance, suggested that he was no older than 25. Given that Vermont is the second-safest state in the country, and the sleepy ski town in which I reside is probably the safest place in Vermont, I wondered why this real-life Super Trooper earned so much. Then again, maybe I was just naïve. Perhaps he strapped on a bulletproof vest every morning and went to battle with the hidden criminal underbelly of Northern Vermont. Maybe the reason I’d never heard of anything remotely resembling a real crime up here was because he and his cohorts were doing such a good job preventing it. “So what do you do… you know, on a day-to-day basis?” I asked. “Mostly patrol the highway and make rounds,” he replied. “There’s a lot of paperwork, too. Once in a while I get a call about a crime, usually up in Whoville.” [name changed] His reply solidified my view that $70k is an unreasonable salary for a 25-year-old Vermont police officer. But I certainly don’t blame my new hoops companion for seeking out the best pay he can get; that’s only human nature. It’s not his fault that around these parts, one of the best ways to make a good living at a young age is to become a police officer. He followed the incentives. No Respect I recalled our encounter when I came across this survey that polls Americans on which professions they most respect. “Police Officer” is near the top, along with firefighter, doctor, teacher, and a few others. Financial and business occupations—accountant, stockbroker, banker, business executive—garner little respect. But most notable is a profession that’s missing altogether: entrepreneur. To me, that’s a travesty. More than any other occupation, entrepreneurs deserve thanks for civilization’s progress. For every product or service you use, an entrepreneur took a personal risk to turn his or her vision into reality. An entrepreneur is the reason you’re sitting in a comfy chair right now… the reason you have a computer… the reason this missive traveled thousands of miles through the air, to your computer, for free. So where’s the love? As you’ve surely gathered, this week’s feature is about entrepreneurship—specifically the lessons one serial entrepreneur has learned throughout his varied career. You probably know the author, Jeff Tucker, as architect of the mises.org website. He’s also built a successful online venture called Laissez Faire Books and is in the midst of starting up another venture, Liberty.me, which you can read more about below. I suspect those among you who have worked for a startup—or aspire to create something of your own someday—will appreciate his insight the most. And if you love entrepreneurs as much as I do, check out Doug Casey’s brand-new book, Right on the Money. Doug is the quintessential entrepreneur—he’s blazed his own path to become one of the most successful contrarian investors in history. Right on the Money focuses on the investing knowledge he’s accumulated over the years, along with his unique and insightful take on many other topics. One of my favorite chapters is Chapter 16: Doug Casey on Cattle, where he describes several lessons he’s learned from cows, from losing a boatload of money by being long cattle on Black Friday to building a profitable cattle ranch himself. Click here to order Right on the Money. Dan Steinhart Managing Editor of The Casey Report 10 Lessons for Aspiring Entrepreneurs By Jeffrey Tucker, CEO, Liberty.me One of my favorite web spaces is meetinnovators.com. It interviews startup entrepreneurs, people who created something new and made it successful. Through casual conversation, it investigates their thinking, mode of working, trials and tribulations, breakthroughs, and visions of the future. Just hearing these people talk gives you a real lift. Major media don’t usually cover this world, which is strange because the technologies we use and the businesses we trade with define a major part of our lives. The trouble is that most people just take it all for granted. “Of course there’s an upgrade.” “Of course there’s an app.” “Of course I can make a video call from a wireless device to a person on the other side of the world for free!” I recently caught up with an old history professor, and it would have made sense to talk about big ideas (about which we both really care). But actually, and very quickly, we gravitated to more interesting stuff. We talked about technologies: operating systems, smartphones, cloud vs. local software, servers and databases, tablets and laptops, moving on to social networks, email clients, download sites, and, of course, games! This prattle had us engaged for an entire hour, and then I had to leave. I wonder if it occurred to this man, whom I recall as ideologically uninterested in economics, much less free enterprise, that all the stuff we talked about are benevolent gifts to us resulting from capitalist acts? People love talking technology these days. And we should similarly love the world of commerce for giving technology to us through entrepreneurial drive and innovation. It does so much to better our lives. Commerce is ultimately responsible for the dramatic increases in global living standards since the world opened up after 1989. Startup entrepreneurs deserve much of that credit. They are not only the creators of new products and services, things that improve our lives at the margin every day. They are also the major driving force of new jobs in a market environment that is otherwise rather stagnant. Comparing startup culture to politics is a study of opposites. In politics, people promise things (“Healthcare for everyone!” “A world without immorality!”) and just hope that constituents will believe that pulling a lever will bring change. It never happens, but it doesn’t matter, because there is no real test, no real accountability. Politics lives on tricks coming and going. In enterprise, you have this test—both an inspiring North Star and a wicked crucible. It’s called profit and loss. Every day a business must face that test. To make it, you need to persuade people that you have something or can do something sufficiently valuable for your customer to surrender real property in exchange for your product. You must get more back in property than you surrender to make whatever you’re selling. One dollar over costs and you are growing. One dollar under costs and you are sinking. The balance sheet rules the day and determines winners and losers. Politicians and bureaucrats never face such a reality check. In this sense, they are completely unhinged from reality. Their revenue is ensured, and their jobs are based not on sales but manipulation and position. Listening to all these interviews with techy entrepreneurs, I’m reminded of a series of books I read a few years ago about Gilded Age entrepreneurs. It was a different time and they had different tools—and they had far fewer struggles with government than we have today—but the motivations, methods, and impulses are the same. Here is a list of 10 features of enterprise that entrepreneurs exhibit or discover in the course of their great adventures. 1. Business starts with the desire to do something wonderful, not just to make money. This seems to be a universal trait. But it flies in the face of nearly all propaganda you hear about capitalism, which is supposed to be based on greed and material acquisition. Actually it is rooted in the desire to make the world a better place, and you can tell it in the voices of these achievers. Profits are the sign and the seal of a job well done, but not the driving motivation. The dream is what entrepreneurs chase. 2. Most people will tell you a million reasons why you will fail. Before jumping in to make a business, these people will typically survey their friends. Their friends always warn against it. No one will want that product. Someone already offers that product. That’s way too risky and it won’t work. Why not get a regular job like everyone else? Finally, the person realizes that he or she has to go it alone. 3. All businesses face the universal terror of uncertainty of the future. The only certainty we have is in looking back at history, at the stuff that already unfolded. What tomorrow will bring is guesswork. You can get close. You can make forecasts. But in the end, humanity is fickle and unpredictable. And by the way, every single business faces the same ghastly reality of uncertainty. They are all rock climbing with blindfolds on, feeling their way up as they go. 4. You can’t really know the market until you test the market. Of course you do market surveys. You ask friends. You look for other examples of success. You follow your own instincts. But surveys, examples, and instincts can’t substitute for the live test in which you are asking people to give up their stuff for your stuff. Every success seems like a no-brainer in retrospect (“Of course people want to buy books online”), but this is wholly illusory. You never really know until you try. 5. All entrepreneurs are maniacally focused on serving others. This also contradicts the conventional wisdom that business is mainly self-interested. That cannot be true because the whole impetus of business is to seek out the interests, desires, and motivations of others. It’s the only way to discern the path to success. The consumer is king, and the entrepreneur serves. 6. Every business needs dreamers and accountants. The dreamers are the people who imagine a future that doesn’t yet exist, a configuration of the world that is different from today. They take nothing and make something of it. That requires a wild imagination. But more is needed to make any project work. Your balance sheet, along with someone who can skillfully manage and interpret it, is essential. The accountant is always the one with the bad news. 7. Don’t try to start from scratch. One of many benevolent gifts of capitalism is that it offers us examples of success. These examples are publicly available to be studied and understood. The best entrepreneurs know how to copy success and then improve the model on the margin, just enough to cause a switch in consumer loyalty or recruit new consumers. You can’t be shy about this. Great business people “steal” ideas; ideas are part of the commons. 8. No matter how digital the service or product is, success comes only peer-to-peer. Internet successes do not think of their customers as nodes but as people who need love and care. Nor are customers cash cows; they are real people with real needs and must be treated as such. All appeals are personal appeals. All marketing speaks to individuals. 9. Enterprise is an incredible amount of grueling work. To be an entrepreneur means to be all in. There is no time off. Nothing takes priority, especially in the start-up period. You need fanaticism, a near-maniacal devotion to making sure that all that can go right will go right. Nothing is assumed, ever. These people know that their odds are never in their favor. So they must apply themselves as never before. 10. You never finally win. Enterprise is not like a board game with a beginning and an end. Every day the struggle starts anew. Every season might be your last. And it gets ever harder because the more you succeed, the more people will copy you. They let you do the test run, then copy your methods, tweaking them to enhance efficiency or reduce costs. There is no “final release” in business—not in any business that plans to stay alive. These points are coming home to me now, having been at work on a new business venture for the past several months. The business is Liberty.Me, a complete social and publishing solution for liberty-minded individuals. The whole focus is to provide a positive, solutions-based information and communication service for living a freer life. I see a burning need here to use every bit of advanced technology to do something wonderful for a cause I believe in. Yes, I’m sure it will be marvelous. But as a commercial service, there will be a test. It’s both thrilling and terrifying. An idea is facing the crucible. As someone told me recently, you will soon be a fool or a genius. You wonder why prosperity is such a rare feature in the history of the world? It’s because merchantcraft is rarer still, attacked often and avoided by all but the craziest people in our midst—the entrepreneurs who dream and work and face the crucible of profit and loss—to bring us what we love.last_img read more

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In This Issue   Currencies metals give way t

first_imgIn This Issue. *  Currencies & metals give way to dollar strength. *  Eurozone Retail Sales beat expectations. *  FOMC meeting minutes today. *  Grant Williams on Gold manipulation. And, Now, Today’s Pfennig For Your Thoughts! The Dollar Holds The Hammer. Good Day!  And a Wonderful Wednesday to you! Well, the sub-zero temperatures finally broke yesterday, the sun came out, and the snow and ice on the roads began to melt. Well, at least on the major arteries. “light snow” is expected tonight, gee isn’t winter fun? When I was a young man I spent a winter in Des Moines Iowa, the locals told me it was the worst winter ever, I told them as I left in the spring, I wasn’t staying around to see if they were correct! I feel much like I did that winter in Des Moines right now. Well, the traders, investors, and hedge funds, have turned a cold shoulder to the currencies these past couple of days, and last night was no different. The euro has lost the 1.36 figure, and Gold is down $5 this morning. Every time we seem to gain some momentum in these two asset classes, a large trade appears to reverse the momentum..  You don’t think it’s the Plunge Protection Team (PPT) flexing their muscles do you? I do. And that’s all I’ll say about that! Well, I’m feeling pretty down this morning, and not because of anything physical, which is usually the case, but instead, this morning I’m feeling pretty down, because I just keep reading article after article about how 2014 is going to be the year of the dollar. Not that I’m rooting against the dollar, it’s just that I don’t see it that way, and that makes me feel sheepish at best.  I told you a couple weeks ago about how the boys and girls at Barclays has put out a thought on why they believed the dollar would shine in 2014, and that thought has really gone viral, because every article I read now on the subject paints the same picture. The picture is simply that with the Fed in Taper mode, the markets will begin to say, “if the economy is strong enough to continue tapering, then it must be strong enough for rate hikes.”  And even if the Fed doesn’t accommodate the markets with rate hikes, the thought is that the pressure on them will be so strong to hike rates, that the overall consensus in the markets will anticipate when the rate hikes will come. And that, my friends, is why all these pundits believe that the dollar will shine in 2014. Now this morning I turn on the Bloomberg and I see an article that’s titled: “Euro To Surpass Consensus with 6% drop by April”.  That would put the euro around 1.2750.  Not a level that would cause me to pull my hair out, now wait, Chuck, you don’t have hair to pull out any longer! But you get what I’m saying. The euro would still be stronger than the dollar. And ready to move forward again once the Fed sees the errors of their ways, stops tapering, and the whole thought process above comes crashing down. That’s the mast that I’ve pinned my colors to folks. I will either be right, and everyone will want to ask me why I went against the grain and the crowd, or I will be wrong, and look pretty foolish, given that everyone and their brother is thinking that 2014 will be the year of the dollar. Hey! We’re only in January, there are 357 more days to 2014, and a lot of different things can happen. But if it appears that I am proved to be wrong, I’ll admit it, not to worry. As opposed to my beautiful bride’s belief that I never admit when I’m wrong, I do, I have, and I will. When the facts change, I change my mind. What do you do, sir? But you can bet your sweet bippie that I’m always the last one to change my mind, for, if I believe in something, I believe in it, period. Did you see what Fed Head Rosengren said last night? He said that the “economy is far from where it needs to be and the Fed’s exit from stimulus should only be gradual.”  Rosengren is a non-voting member of the Fed, so his comments don’t hold a lot of water with the markets, but I think it’s important to know what the “dissenters” are thinking. Well, did you see the Trade Deficit data yesterday for November? The U.S. Nov. Trade Deficit plummeted to $34 Billion from $40 Billion the previous month. They say that the move was a result of the price of Oil dropping during Nov. Hmmm. if that’s right, then one would think that the Monthly Trade deficit will be like the bouncing ball over song lyrics, for the price of Oil jumped to $100 in December, and is back down to $93 in January.  The reason this Nov. print is important is that right now, it would give GDP a boost. But then we’ll have to wait for the December print to get the real affect of the Deficit to GDP. As I said above, the euro slipped below the 1.36 figure overnight.  The move was preceded by the Eurozone Unemployment Rate remaining steady at 12.1% in November. There were some thoughts that 12.1% level would be reduced, but that failed to materialize, and so, the euro is punished.  On the flip side was a data print that should have given the euro a boost, but failed, was Nov. Retail Sales for the Eurozone, which surprised Big Time to the upside gaining 1.4% (VS consensus of .1%). That’s a good sign that the Eurozone economy, as a whole, may be recovering. There’s not one currency that is trading stronger VS the dollar this morning, not even the Chinese renminbi / yuan!  And Gold is down $5 as I write. It’s a star shine day for the dollar. There’s not much else to say about it. The Fed’s Dec. 18 FOMC Meeting Minutes will print this afternoon, and should be interesting although we already know what the outcome was, and that was an announcement to begin tapering in January. I will be interested to see what the vote was, yay or nay. Rosengren, whom we just talked about above, was a voting member in 2013, and I already know he voted nay to tapering. The markets seem to think that the Minutes are going to reveal some great revelation about the economy that the Fed Heads have failed to share with us so far. I think the markets are nuts on this, but so be it. The U.S. Data Cupboard will also have the December ADP Employment Change report for us this morning, which is an indicator of what the Jobs Jamboree might have in store for us on Friday, this week. The ADP forecast is for 200,000 jobs being created in December. Of course they don’t say whether these jobs were seasonal for the Christmas shopping season, or what, so don’t get too all lathered up. But figure that if the ADP people say 200,000 jobs were added in December, what the BLS will do with that?    Right now, the forecast by the so-called experts is that the BLS will report that 195,000 jobs were created in December. None of that interests me because the data has become so meddled with that it’s difficult to figure out what’s real and not real. I told you last month that I’m of the mind to file this data in the circular file next to the CPI (consumer inflation ) data that also no longer is representative of the facts. But the data sure captures the attention of the markets, so, here I am talking about it. UGH! One currency that, while down VS the dollar today, is holding on at this point, is the New Zealand dollar / kiwi. For, if the trader mentality is to reward the U.S. dollar for rate hike forecasts, then kiwi should too be held to the same rewards! The Reserve Bank of New Zealand, (RBNZ) will hike rates before the Fed does, and probably multiple times before the Fed does. But, kiwi gets dragged down by its kissin’ cousin across the Tasman, the Aussie dollar (A$). Late last week, the A$ was trading near 90-cents again, and I said to the boys and girls on the desk, no wait, there were no girls last week, so just to the boys on the desk that Reserve Bank of Australia (RBA) Gov. Stevens wasn’t going to like seeing the A$ near 90-cents!  Before I head to the Big Finish today, and do I have a good one there today, I wanted to talk briefly about how the questions regarding if the U.S. really has the reported 8,133 tons of Gold at Fort Knox, are beginning to build up again.  Recall that former lawmaker, Ron Paul, introduced a bill to audit Fort Know a few years ago, but it got swept under the rug. I think that as long as the U.S. Gov’t pays no attention to the calls for an audit, that the questions about whether the 8,133 tons of Gold are really there will persist. This has become something that I think about a lot. I recall writing last year, when it was announced that the Germans would not be allowed to audit their Gold holdings, and that it would take 7 years for the U.S. to deliver the Gold to the Germans,  that this, to me, proves the Gold is not there. Probably leased out, which coincides with the 7 years to deliver thing.   I told a dear reader and friend yesterday that the Gov’t could stop the calls to audit the Fed in their tracks if they revalued the price of Gold to $10,000 oz.  It would make everyone happy, and they would forget about the audit. I know that’s far-fetched, but you have to think outside the box folks. And that’s a specialty of mine! HA!  The problem with leasing out something like Gold is that it gets leased again and again, and soon, there are a number of entities putting that one allotment of Gold on their books.  Eventually, someone wants their Gold back, and that’s when the whole house of cards comes tumbling down. For What It’s Worth. OK. Have I told you how much of a fan that I’ve become of Grant Williams’ work? What a great writer and mind!  I was reading his latest letter yesterday and once again he makes some strong points about Gold manipulation.  And then I found this interview on that subject over at Kingworld.com  So, here’s a snippet of that interview with Grant Williams regarding Gold manipulation. “Once you start down a road and get yourself in too deep, you have to keep pushing on.  Going back is no longer an option.  So we’ve seen this desperation with the way the gold market has been handled over the last few years.  We’ve seen these egregious price smashes in the paper gold market on big volume. This takes place even when the gold isn’t available in the physical markets.  But these raids have been done consistently.  We saw one (raid) yesterday, when a 4,000 contract sale took place in just a few seconds and smashed the gold price $30 lower.  But the paper price just rebounded.  So it really starts to feel like these massive bear raids we’ve seen are having less and less effect.  The big problem these guys (central planners and bullion banks) have is when this thing turns around, you can sell all of the paper gold you want, but what you can’t do is conjure up physical gold out of thin air.  And when the price spikes are going up instead of down, various players and large entities are going to want their physical metal, and that’s when this whole thing is going to start to unravel because we all know the physical metal isn’t really there. There is very little gold available VS all of the paper claims.  This massive trend of Asian buying of physical gold, wherever they can get their hands on it, is going to take over the gold market.  I’ve had entities approach me looking to buy gold, ‘in whatever quantities they can find.’  At some point this is going to matter.” – Grant Williams Chuck again. This all reminds me of something that I think Warren Buffett has said, about when the tide goes out, you then get to see who’s swimming naked. Just like those leases I talked about above, eventually someone wants their Gold back. Well with these short positions, eventually someone is going to want delivery, and that’s when the tide goes out. To recap. The dollar has the hammer today, and the calls for the dollar to have the hammer throughout 2014 continue to grow in numbers. I’m sticking to my guns though and still believe that this Tapering is not going to become the norm. Eurozone Retail Sales were stronger than expected, but there was no traction in the Unemployment Rate, and the markets focused on the Unemployment Rate, which meant the euro suffered overnight. ADP report in the U.S. today, along with the FOMC Meeting Minutes dominate the day. Currencies today 1/8/14. American Style: A$ .8930, kiwi .8290, C$ .9260, euro 1.3595, sterling 1.6425, Swiss $1.0990, . European Style: rand 10.6775, krone 6.1870, SEK 6.5490, forint 220.95, zloty 3.0730, koruna 20.1980, RUB 33.11, yen 104.75, sing 1.27, HKD 7.7550, INR 62.07, China 6.1079, pesos 13.02, BRL 2.3720, Dollar Index 81, Oil $93.74, 10-year 2.95%, Silver $19.56, Platinum $1,410.94, Palladium $734.80, and Gold. $1,226.95 That’s it for today. Well, today is a big day for former Big league baseball players, as today the Hall of Fame vote gets announced. Greg Maddux, Tom Glavine will be shoo-ins, in my opinion. I watched our St. Louis U. Billikens basketball game last night on TV. I’ve seen them play a few games this year, and they could end up having a good year like last year, from what I’ve seen! And our Blues extended their winning streak to 6 games last night in Edmonton! Go Blues!  I think we’re down to about 5 weeks before Pitchers and Catchers report to spring training, and a little over 2 months before I report! Jr. Walker and the All-Stars are playing on the IPod this morning. Love that sax! I see on the TV the people talking about false praise pressures kids. Hmmm. Would that be like “everyone gets trophies”?  I better not get started on all that! OK. back to regular timing this morning, so I’ll get out of your hair for today, and hope you have a Wonderful Wednesday! Chuck Butler President EverBank World Markets 1-800-926-4922 1-314-647-3837last_img read more

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Hospital Insurance 2030

first_img Hospital Insurance 2030 Some of you may be aware that investment guru Harry Dent has publicly stated that gold will fall to $250-$400. He specifically predicted: Around $700/ounce is a certainty in gold by 2015 to 2016, and $250 is a possibility well down the line by 2020–2023. His forecast is largely based on his belief that deflation will prevail. Governments are fighting deflation. If government stimulus fails, we will have deflation, not inflation. And he claims that gold bugs are wrong about gold’s future price because they don’t understand how markets work. Central bank stimulus has created a whole new set of financial asset bubbles that will have to burst. That is its consequences, not rising inflation that most gold bugs (who do understand the financial and debt crisis) warn about. As a gold analyst who’s spent every day of the last seven-plus years watching this market, I can’t let this pass. I’m sure gold will not fall to $700, much less $250-$400—not in real terms (who knows if the US dollar will even exist in 2020?… Or maybe there will be new dollars with several zeros cut off). Is this just because I’m a stubborn gold bug? No, because I agree that we’re seeing some deflation, too. But I definitely think some type of crisis is headed our way, and gold does well in crises—even deflationary ones. Is it perhaps because I don’t like Mr. Dent? Not at all—at my suggestion, he was a speaker at one of our Summits. Quite simply, I think Harry Dent is resoundingly wrong. And I’m so sure he’s wrong that this is a public invitation to him to enter a wager with me and put his money where his mouth is, which I’ll detail momentarily. Why Harry Dent Is Wrong There are a number of reasons why I think Mr. Dent will be wrong about the future gold price… 1. Deflation does not guarantee lower gold. It’s true that some significant deflationary forces have developed. Check out what’s occurred since early November. The 10-year Treasury fell to a paltry 1.7% yield. July to December, 2008; Other European countries have seen a spike in gold demand due to the massive QE effort undertaken by the ECB and the anti-bailout party winning in Greece. German coin dealer Degussa reported a 35% year-on-year increase in gold coin sales in January. The Austrian Mint said sales of Vienna Philharmonic gold coins rose 6% last month. So the investor who’s convinced deflation is coming shouldn’t overlook the fact that other factors can lead investors to buy gold. Keep in mind that most true deflations cause a crisis—or are caused by a crisis—and for thousands of years, crises have pushed people into gold. Consider how gold has performed during high periods of crisis and fear as measured by the VIX. Pension Benefit Corp 2024 According to the Financial Times, there is now $3.6 trillion of government debt around the world with negative interest rates. Two-year government bonds are negative in Germany, Finland, Austria, Denmark, France, Holland, Belgium, Slovakia, Sweden, and Japan. These are all serious deflationary trends. But what has gold done during that period? It is up 7.5%. Even gold’s negative correlation with the dollar has bucked its trend. The Baltic Dry Index, generally regarded as the best known global shipping index, is now at its lowest level ever. *Returns exclude dividends Dome Mines $6 $39.50 558% Commodity indexes have fallen by over a third. Highway Trust Fund 2016 During these eight periods of high systemic risk, gold rose every time but one—and stock markets fell in all of them. This doesn’t mean the price couldn’t decline in the initial phases of a crisis, but it does show that gold is strong when fear is high. 2. True deflation will lead to higher inflation. If we do get massive deflation, it will actually spur greater inflation. Why? Here’s a hint… An emergency meeting was held just last week regarding the solvency of the Disability Trust Fund. The problem is that benefits have exceeded tax receipts for several years now, and the shortfall has reached roughly 35%. The government itself has said the fund will officially go bankrupt next year. It’s not the only one. Old Age Insurance 2034 Since the turn of the century, gold and the DXY index have both finished higher year over year five times—in 2001, 2005, 2008, 2010, and 2011. So why has gold risen during some of the most ominous deflationary trends we’ve seen in a long time? Because what has been supportive for the dollar has also been good for gold. In other words, gold is not just about inflation vs. deflation. Nor is it about the USD vs. the euro or even supply vs. demand. It’s about fear and chaos vs. confidence and stability. Here are some recent examples of people buying gold for reasons other than inflation: Greek demand for gold coins from the UK Royal Mint has risen as a result of the country’s political and financial turmoil. They’re buying because, as Matthew Turner of Macquarie Bank put it, “The one thing everyone knows about gold is it is a good thing to hold if your currency is about to devalue.”center_img The oil price dropped to $50. Homestake Mining $65 $373 474% This dollar/gold relationship has broken down other times, too. According to the Wall Street Journal: From January 11 to June 10, 2010, the DXY (US Dollar Index) rose almost 16%—but gold climbed nearly 12%. January retail sales recorded the worst back-to-back decline since October 2009. And did you know that Social Security took in $752 billion in 2013, but paid out $822 billion in benefits? It and Medicare are clearly on an unsustainable path, too. Yes, this is all deflationary. But here’s the question: how will the Fed and politicians respond? They might reduce or delay benefits and raise taxes, but those are politically costly moves, and some officials have already publicly stated that they will print what they don’t collect in revenue. Printing money is extremely inflationary, especially when you’ve already more than tripled the monetary base since 2008. Frankly, doing more of the same scares me, because someday all this monetary dilution will come home to roost. We face the very real possibility that the US currency will not just be damaged; it could be destroyed. History is very clear on this point: currency crises lead to flights to gold. But if Deflation Wins First… But what happens to gold if we first go through a deflationary bust? There aren’t a lot of modern-day examples of deflation. The Consumer Price Index (CPI), as faulty as it may be, has registered only four declines since 2000, and all were short-lived. The CPI fell: August to October, 2006; March and April, 2009; and Company Stock Price 1929 Stock Price 1933 Total Gain* During a period of soup lines, crashing stock markets, and falling standards of living, investors fled to the only gold with liquidity they could own at the time. Gold’s status as a safe-haven asset during one of the greatest times of economic distress was demonstrated clearly by investors buying the stocks. So while we don’t know exactly what an untethered gold price would have done during the Depression, history says it will retain its purchasing power in a deflationary setting regardless of its nominal price. In other words, while the price of gold might not rise or could even fall, it would still provide monetary protection against an unstable economic environment, especially when you consider that most other assets would be in decline. All this said, the overriding concern is that in a fiat system—like the one the entire globe uses today—any deflation will be met with an inflationary overreaction by central bankers. And the worse the deflation, the more extreme the overreaction will be. As we’ve pointed out before, inflation will win in the end because it always gets another turn. Think about it: for central banks to be “successful” with their measures, the end result must be inflation. Someday soon they’ll get what they want. And when it shows up, the delayed effects of all the money created to that date will start to take hold, meaning there won’t be “just a little” inflation. Gold will soar in that environment, not fall. Of course, it doesn’t have to be an either/or thing. We can have both inflation and deflation, AKA stagflation, like we had in the late 1970s/early 1980s. That’s still good for gold. 3. Gold is already at its cost of production. Another reason I’m sure Mr. Dent will be wrong is that $700 is about $400 below the current global average cost of gold production. Even at $1,100 gold, roughly half of the primary gold producers lose money. The reason is because the World Gold Council’s all-in sustaining cost metric excludes taxes and interest payments (among other items). Adding those in pushes many companies into the red when gold averages $1,100. A $700 gold price would be 36% below the current cost of production. That (much less a $250 or $400 price) would kill the industry. But the sector won’t shut down, because the world needs and wants gold. The Bottom Line The basis of my argument is that there is no free lunch from the free-for-all actions central bankers have engaged in since 2008. Inevitably, the future purchasing power of our fiat money will be impacted. I thus think some kind of currency crisis hits in the future, perhaps sooner than skeptics like Harry Dent can imagine. There are many examples of what happens to gold during a currency crisis. Last year provided another glaring example. Russia’s inflation rate was 11.4% in 2014, and the ruble fell a staggering 46.5%—but gold in rubles rose 73%. In other words, Russians gained more with gold than they lost in ruble purchasing power. This didn’t occur just in conflict-ridden Russia. The price of gold rose against all currencies in 2014—except the US dollar. Gold was up in the euro, Japanese yen, Swiss franc, Canadian dollar, British pound, Australian dollar, New Zealand dollar, Chinese renminbi, Indian rupee, Swedish krona, Brazilian real, Israeli shekel, and South Korean won. As Eric Sprott put it, “Last year, 84% of the world’s population would have made money owning gold because of various currency moves—even though gold in US dollars was down approximately 1%.” We should expect the same reaction with gold in our currency when the odoriferous effluvia hits the fan. Gold is not really a commodity or even an investment; it is an alternate currency and a store of value. And if ever there was a period in history for it to be sought as a store of value, the next few years will be among the most acute. Both gold and the US dollar have been pursued during the recent times of distress—but the dollar as a “safe haven” is at high risk. It may rise further yet, but it’s far from healthy; the US is the largest debtor nation in the history of mankind. There are more reasons—I’m sure you can think of others yourself—but let’s get to the wager. The Bet Mr. Dent, I will bet you an ounce of gold that the gold price never falls to US$700, including intraday, for even one second, within the next two years, based on Comex pricing. You stated in January 2014 that “$700 is a certainty by 2015 to 2016,” so I’m giving your forecast even longer to work than you originally projected. We’ll each store a one-ounce gold Eagle with an independent third party, who will pay the two ounces to the winner the day the bet is concluded, which is two years from today, February 16, 2017. If gold touches US$700 at any point in that time frame, you win. If, however, gold never reaches $700, this lunatic gold bug who doesn’t understand how financial and debt crises works wins the bet and takes your ounce of gold. I hope you’ll take me up on the bet, because that’s about the time my son will finish his PhD program, and an ounce of gold will make a nice graduation present for him. It will also reinforce the ideas he’s formed on his own about money, as well as the fact that his dad is a stud. I do have to give you fair warning, though: I’m so confident that I’ve already identified a third party, and I will give you its mailing address once you shake my digital hand. Mr. Dent, do you really think gold will fall to $700? A gold Eagle says you’re wrong. I await your reply… I’m not just going to win this bet, but I’ll win big with my equity investments, because gold stocks will deliver the leverage to gold that they have many times in the past, especially since they’ll rise from depressed levels. I plan to make a killing on some special situations—and I have one right now: a new recommendation in the current issue of BIG GOLD. It’s one that tripled my money in the last bull cycle and will do it again in the next one. Easy money will be made if you buy now, and our brand-new recommendation is available with a risk-free trial to BIG GOLD. After the Swiss central bank introduced a 0.75% negative interest rate on some deposits last month, investors bought more gold in lieu of holding Swiss franc cash deposits, according Vontobel Holding AG, a Swiss bank and wealth manager. “We keep noticing that gold is coming back into favor with investors,” said CEO Zeno Staub. December, 2014. That’s it. You can find other fleeting periods further back, but nothing long enough to draw any strong conclusions. The only example we have of true deflation is the Great Depression. You’ll recall that the United States was on a gold standard at the time. But there’s still a lesson to be learned. First, on April 5, 1933, President Roosevelt issued an executive order forcing delivery (confiscation) of gold owned by private citizens to the government in exchange for compensation at the fixed price of $20.67/oz. Less than nine months later, he raised the gold price to $35, effectively diluting the dollar in every wallet 41% overnight and swindling everyone who had turned in gold. So even in the midst of one of the biggest deflations the world has ever seen, the US government raised the gold price. Second, the only way citizens could effectively own gold after Roosevelt’s confiscation was to buy gold stocks. How did they perform? Well, when the stock market crashed in 1929, gold stocks were part of the general wreckage. The market then rallied and recovered almost 50% of its losses by April 1930, with gold shares again tagging along. It’s what happened next that gives us another clue about gold and deflation… When the bear market resumed in the summer of 1930, all securities sold off again—except gold stocks. Gold shares stayed basically flat until early 1931, when their appeal to the masses kicked into high gear. Look at how shares of Homestake Mining, the largest gold miner in the US at the time, and Dome Mines, Canada’s senior producer, performed during the Great Depression. Disability Trust Fund 2016 Projected Government Bankruptcieslast_img read more

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Leyla Hussein had mixed feelings when she found ou

first_imgLeyla Hussein had mixed feelings when she found out that Queen Elizabeth II was naming her an Officer of the Order of the British Empire for her work to eliminate female genital mutilation.”I had to think hard about whether to accept,” she says, citing the British history of colonialism. But in the end, proud of being British and living in a country that took in her parents as refugees from Somalia, she accepted the honor, along with fellow activist Nimco Ali.As young girls, both Hussein and Ali underwent female genital mutilation, or FGM, the practice of cutting a young girl’s genitals, typically as a coming-of-age ritual. Across the world, an estimated 200 million women have undergone FGM.The two women and Sainab Abdi are co-founders of Daughters of Eve, a British nonprofit that “recognizes FGM as gender-based violence,” provides services to victims of FGM and lobbies the government to end the practice in the U.K. and beyond. Based in part on their efforts, last November the U.K. pledged £50 million to help eliminate FGM across Africa. Last weekend, the queen recognized Ali and Hussein at her annual Birthday Honours Ceremony with the OBE award, presented to individuals who have made contributions to arts and sciences or had distinguished careers in public service or charitable organizations.NPR, which has interviewed Hussein and Ali in the past, caught up with the two women to find out about their recent work, what this award means to them and what still needs to be done to stop the practice of FGM.The interviews have been edited for length and clarity.Congratulations on the award! How did it feel to receive this honor from the queen? Hussein: To be honest, I’m not the biggest royal fan. I had to put up a statement to be clear I wasn’t. [But] a group of people discussing FGM in a room is always a plus.Me and Nimco have opposite feelings about it, because she is supportive of the royals and the current government, and I’m critical of the current government. At the same time, this is a democratic country. [Even though] I have an opposing feeling about the current government, I can still be recognized. Colleagues around the world who said anything against the government, their lives would be in danger, it would be catastrophic. My country can still recognize my efforts, which is great.Ali: It was incredibly humbling. I ended up getting the letter the day before I had to reply. It came to my brother’s house, he said, “oh there’s a letter from the queen and it says you have to reply by Monday morning!” I had to take a picture and email it to them (laughs).There are other women tackling FGM that have been awarded before us. [The award] just gives more visibility to the campaign, and ultimately it’s raising the conversation, saying we’ve achieved a lot.We have to raise the bar in the U.K., and we know we need to end FGM, but now we can say, these are the successes we’ve had.What are some of those successes?Ali: From a U.K. perspective, there has been incredible legislative change. We lobbied parliament to add FGM to the Children Act, [which criminalizes violence against children]. Now, British girls have more rigorous protection than they ever had. If a child is at risk of FGM, the state can step in and be their guardian.Hussein: We are talking about it, so that’s a big progress. But we’ve got a lot of work to do. Until there are convictions for FGM practitioners under the U.K.’s child abuse laws], I won’t see any progress.We’re certainly better than we were ten years ago; it’s important to remember the women before us, who took more backlash than we did. But I’ve been coming out of a 48-hour online trolling because of my OBE [award]. I think someone’s gonna physically harm me, they’re threatening to rape and kill me or hurt my child. I have a panic alarm in the house. It’s crazy. People need to realize we’re taking a huge risk when we do this. It’s scary. I’ve been taking snapshots of messages all day that I send to police. I have a police officer I work with directly, and that shouldn’t be the case.What are some of the biggest misconceptions about FGM?Hussein: People keep calling it ritual or cultural practice, which minimizes what it actually is. There’s nothing ritual about violating children.And it’s not [just] an Africa or Asia issue. I was in the U.S. and met white women from Kentucky who’ve had FGM done. Their parents were conservative Christians working in Guinea and thought it would be a great idea to have them mutilated. The idea of controlling women is where it comes from. It’s important to see this as the bigger problem it is.To any white American, anyone who might not feel connected to this subject, I would say: If you’re someone who understands that women all over the world are oppressed, this is no different.Some Kenyan groups, like Maasai Sisters, are going to dramatic lengths to protect girls from FGM — like taking them out of their homes and placing them in school. What do you think of these kinds of efforts? Ali: A lot of the [best] work is coming from grassroots activists, women who are survivors of FGM themselves. In Somaliland, [where I’m from], we’ve been lobbying our president to get legislation, opening up conversation around an issue that’s so taboo. Change is possible but not inevitable. To get change to happen, it should be led by women survivors.Every country has its own ways of working. The idea that every FGM-affected community needs the same mechanisms — that’s what NGOs think — is a fallacy.In the Gambia, there’s an incredible woman named Jaha Dukureh, she’s a Gambian-American [who] ended up chasing down the president to pass legislation against FGM. Soon, she’s holding a summit in Senegal that’s the first survivor-led conference on the issue. Women in Africa are taking charge, and I think we have a duty to deliver the support they need to end FGM in their own community.Susie Neilson is an intern on NPR’s Science Desk. Find her on Twitter at @susieneilson. Copyright 2019 NPR. To see more, visit https://www.npr.org.last_img read more

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Amazon Considers Supermarkets Staffed by 3 People

first_img Register Now » There’s also a fleet of robots ensuring orders get filled. Amazon February 6, 2017 Amazon Considers Supermarkets Staffed by 3 People Next Article In December last year, Amazon unveiled its vision of grocery shopping called Amazon Go. It involves no lines or registers, just you, an app and a completely automated shopping experience that should appeal to just about everyone. Here at PCMag we have a few reservations, but a test store in Seattle is planned to open this year to prove it can work.Beyond that, Amazon is apparently toying with the idea of opening larger supermarkets. According to the New York Post, a two-story store of between 10,000 and 40,000 square feet is under consideration. Where as the Amazon Go store is for convenience, a supermarket would cater to your entire weekly shop.A store that big would offer 4,000 items for sale. However, unlike a typical supermarket manned by dozens of staff, Amazon’s version requires only three human employees to function and a maximum of 10 employees per shift.Such a small number of staff is made possible due to two of Amazon’s key pieces of technology: automation and robots. As we saw in December, Amazon isn’t interested in customers lining up to pay for their goods. Amazon Go automates that entire experience.The New York Post explains that the few staff required will be split across restocking shelves, signing up customers to Amazon Fresh, manning a drive-thru window for order collection and helping robots bag groceries. I’d imagine the number of staff would vary with how busy the store got at different times of the day and week, but it would still never exceed 10.On the one hand, this sounds great for anyone who hates waiting in line and wants more than a convenience store. On the other, if this proves popular and works faultlessly, it doesn’t bode well for the future of jobs at supermarkets. Where Amazon succeeds others will surely follow. Free Webinar | July 31: Secrets to Running a Successful Family Business –sharescenter_img Add to Queue 2 min read This story originally appeared on PCMag Image credit: Amazon | Youtube Matthew Humphries Learn how to successfully navigate family business dynamics and build businesses that excel. Senior Editorlast_img read more

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Walmart Will Soon Have Robots Roaming the Aisles in 50 Stores

first_img Reporter The robots go up and down the aisles, scanning for out-of-stock items, incorrect prices and wrong or missing labels. Dennis Green Walmart Will Soon Have Robots Roaming the Aisles in 50 Stores –shares Walmart The robots autonomously roam up and down the aisles of the store, picking out errors it sees. October 27, 2017 Register Now » Image credit: Walmart Walmart’s robot fleet is expanding.The retailer has been testing the robots in a small number of stores in Arkansas and California. It is now expanding the program and will have robots in 50 stores by the end of January.The robots scan aisles for out-of-stock items, items put in the wrong place by customers, incorrect prices and wrong or missing labels. They continuously go up and down the aisles of the store, alerting human employees of errors it sees. That makes employees more efficient at correcting errors and automates a task employees say they don’t like.The robots are designed to free up store employees’ time so they can use it to help customers. Image credit: WalmartWalmart CTO Jeremy King told Reuters that the robots are 50 percent more efficient than a human doing the same task. They can also scan shelves three times more quickly and are a lot more accurate. Human employees can only scan shelves about twice a week, King said.The robots are shaped like 2-foot-tall towers on wheels and are equipped with cameras that can spot errors.The robots are just one part of Walmart’s plan to make stores more efficient and easier for customers to shop.The robots are much more efficient than a human at the task of scanning store shelves. Image credit: Walmart 2 min read Learn how to successfully navigate family business dynamics and build businesses that excel. Free Webinar | July 31: Secrets to Running a Successful Family Business This story originally appeared on Business Insider Next Article Add to Queuelast_img read more

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The Savvy Reason There Are Robot Strippers for CES

first_imgMarketing Next Article Stephen J. Bronner Entrepreneur Staff We can’t help but think this is a very smart move, but we also have questions. 131shares January 10, 2018 The Savvy Reason There Are Robot Strippers for CES Add to Queuecenter_img Learn from renowned serial entrepreneur David Meltzer how to find your frequency in order to stand out from your competitors and build a brand that is authentic, lasting and impactful. 3 min read News Director Let’s just get this out of the way: most women do not want to go to a strip club, especially during a business conference.But, that’s the intent behind Sapphire Las Vegas’s introduction of — we’re really in the future now — robot strippers to its stage during this year’s CES.”We were looking for something creative to do during CES that would sort of match what was happening in town,” Sapphire Managing Partner Peter Feinstein told The Daily Beast in an article with the excellent headline, “Do Androids Cry After Stripping in Vegas for CES?”Related: The CEO of Huawei Totally Went Off Script at CES and Ripped U.S. Carriers After an AT&T Deal Fell ApartHe continued, “If you’re six people from a company and there’s two women and four guys, you can still [come] here and have some fun and see the robots and not feel like you have to be part of a strip club.”It’s clear Sapphire doesn’t take the whole thing too seriously. The club placed buckets for tips near the robots that read “MIT bound” and “Need money for batteries.”Of course, launching a stunt such as this around an expo is usually a surefire way to get media attention. But, it’s also a smart strategy to come up with new things to appeal to potential new customers. CES attendees are in town to check out the latest technology, and may not want to spend the time gawking at scantily dressed women. This is giving customers what they want.That is, if what they want are female-figured robots with security cameras for heads shaking their robutts. (The robots were created by an artist named Giles Walker as a statement on voyeurism.)The plan seems to have been on target. After all, people weren’t offended. Instead, they wanted more advanced stripper robots.Related: CES 2018 Photo Gallery: Our Favorite Things We’ve Seen (So Far)”I’ve seen robots do much more complicated things than these ones are doing now,” a tech worker named Adam told The Daily Beast. “So I’m a little underwhelmed. You look at stuff on YouTube, I mean robots can operate on your brain and do really precise things now. These are a little too mechanical.”That’s a good thing. After all, stripping is one of the few industries that hasn’t been impacted by automation. Fireside Chat | July 25: Three Surprising Ways to Build Your Brand Enroll Now for $5 Image credit: Alex Wong | Getty Imageslast_img read more

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