FTSE wipes all 2015 gains as commodity stocks take a tumble – London Report

first_img whatsapp Monday 27 July 2015 8:46 pm whatsapp FTSE wipes all 2015 gains as commodity stocks take a tumble – London Report The FTSE fell back to where it started this year, erasing all its gains made since January, down 8.4 per cent since hitting a record high in April. The blue-chip FTSE 100 index ended 1.1 per cent lower at 6,505.13 points, in its longest losing streak so far in 2015. Fears for economic growth in China, the world’s biggest metals and energy consumer, have hit mining stocks and oil prices, with commodity stocks accounting for more than 20 per cent of the FTSE’s market capitalisation. Oil hit four-month lows yesterday after Chinese stock markets fell more than eight per cent. This in turn pushed down shares in BP and Royal Dutch Shell. Read more: Commodities plunge to 13 year-low Merlin Entertainment dropped 4.3 per cent after a profit warning, following its Alton Towers tragedy. Financial Times-owner Pearson also took a slide, falling by 4.8 per cent, making it the worst performing FTSE 100 stock in percentage terms. The firm was hit by several brokers cutting their price targets on the company, which also announced talks to sell its 50 per cent stake in the Economist magazine.  Express KCS Show Comments ▼ Tags: Company FTSE 100 Share More From Our Partners Astounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgInstitutional Investors Turn To Options to Bet Against AMCvaluewalk.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgWhite House Again Downplays Fourth Possible Coronvirus Checkvaluewalk.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.com‘The Love Boat’ captain Gavin MacLeod dies at 90nypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comKiller drone ‘hunted down a human target’ without being told tonypost.com last_img read more

Uzbekistan eyes GAP certification to expand perishable exports traffic

first_img Central Asian republic Uzbekistan is to obtain Global Good Agricultural Practices (GAP) certification as it looks to Europe to expand its perishables export business.Its government believes acquiring certification and the permits to supply European countries will see weekly volumes exported by truck double from 15,000 to 30,000 tonnes.The chief specialist of agricultural products at the ministry of foreign trade, Bekhruzkhon Saydullaev, told The Loadstar at Fruitlogistica in Berlin the process for certification was under way.“Entering the European markets will be a big boost for our fruit and vegetable business, and we can offer very quick road connections,” said Mr Saydullaev. By Alexander Whiteman in Berlin 07/02/2018 © Nicola Messana center_img “One market alone has said they would be looking at about 400 trucks – some 8,000 tonnes – of Uzbeki melons a week.”To receive certification, producers of agricultural products must demonstrate adherence to GAP policies on hygiene and product handling. Uzbekistan’s move towards GAP follows the formation of a joint trading house with a German company assisting in the certification process.“It is not cheap, but with strong demand already coming from one European destination, as well as increasing interest from Croatia, Estonia, Latvia and Lithuania, it is worth it,” said Mr Saydullaev.“Without it, there are still places we can export goods to but certification enhances the image and reputation of our industry, which banned GM crops some 25 years ago.”Uzbekistan’s current primary export destinations are Belarus, Iran, Latvia and Turkey, while China, which it sees as a major competitor, nonetheless imports sizeable quantities of dried fruit.When asked how the planned doubling in exports would be transported, Mr Saydullaev said: “Rail operators are used to service our Russian and Kazakh customers, but trucking will be utilised to serve customers in Europe.“This is because while rail may be cheaper in to Russia and Kazakhstan, the reliability of refrigerated units in trucking is stronger over longer journeys.”Trucks may be responsible for some 95% of all Uzbeki agricultural exports, but the country’s air freight volumes have also experienced quite sudden and strong increases.“To Korea alone in the last 12 months we saw air freight volumes jump from six to seven tonnes a week, to more than 10 tonnes,” said Mr Saydullaev.“This growth has been in response to a more comfortable service offered by the airline – and it is not just Korea, we also use air to ship our goods to Dubai.”last_img read more

Maine OKs Medicaid expansion in first-of-its-kind referendum

first_img STAT+ is STAT’s premium subscription service for in-depth biotech, pharma, policy, and life science coverage and analysis. Our award-winning team covers news on Wall Street, policy developments in Washington, early science breakthroughs and clinical trial results, and health care disruption in Silicon Valley and beyond. By Associated Press Nov. 8, 2017 Reprints Log In | Learn More Associated Press Daily reporting and analysis The most comprehensive industry coverage from a powerhouse team of reporters Subscriber-only newsletters Daily newsletters to brief you on the most important industry news of the day STAT+ Conversations Weekly opportunities to engage with our reporters and leading industry experts in live video conversations Exclusive industry events Premium access to subscriber-only networking events around the country The best reporters in the industry The most trusted and well-connected newsroom in the health care industry And much more Exclusive interviews with industry leaders, profiles, and premium tools, like our CRISPR Trackr. Politics What is it? Tags policy About the Author Reprints What’s included? GET STARTED Unlock this article by subscribing to STAT+ and enjoy your first 30 days free! GET STARTED PORTLAND, Maine — Residents in this rural state grappling with a heroin epidemic and an aging population voted Tuesday to deliver a rebuke to Republican Gov. Paul LePage and join 31 other states that have expanded Medicaid under former President Barack Obama’s health care law.The referendum represents the first time since the law took effect that the question of expansion had been put in front of U.S. voters. Supporters of Medicaid expansion celebrate their victory, Tuesday, Nov. 7, 2017, in Portland, Maine. Robert F. Bukaty/AP Maine OKs Medicaid expansion in first-of-its-kind referendum last_img read more

UK applies to join huge Pacific free trade area CPTPP

first_imgUK applies to join huge Pacific free trade area CPTPP International Trade Secretary Liz Truss will speak to ministers in Japan and New Zealand on Monday morning (1 February 2021) to request to join the Comprehensive and Progressive Trans-Pacific Partnership (CPTPP), with formal negotiations set to start this year.The announcement comes as the UK today celebrates one year since leaving the EU and becoming an independent trading nation.Joining the CPTPP would deepen the UK’s access to fast-growing markets and major economies, including Mexico, Malaysia and Vietnam, for the benefit of UK business.Joining the £9 trillion partnership will cut tariffs for UK industries including food and drink, and cars, while also creating new opportunities for modern industries like tech and services, ultimately supporting and creating high-value jobs across the UK. Unlike EU membership, joining does not require the UK to cede control over our laws, borders, or money.UK trade with the group was worth £111 billion last year, growing by 8% a year since 2016. Benefits that CPTPP membership will bring for businesses include:Modern digital trade rules that allow data to flow freely between members, remove unnecessary barriers for businesses, and protect commercial source code and encryption.Eliminating tariffs quicker on UK exports including whisky (down from 165% to 0% in Malaysia) and cars (reducing to 0% in Canada by 2022, two years earlier than through the UK-Canada trade deal).Rules of Origin that allow content from any country within CPTPP to count as ‘originating’. For example, this would mean that cars made in the UK could use more Japanese-originating car parts, such as batteries.Easier travel for businesspeople between CPTPP countries, such as the potential for faster and cheaper visas.The Prime Minister, Boris Johnson said“One year after our departure from the EU we are forging new partnerships that will bring enormous economic benefits for the people of Britain.“Applying to be the first new country to join the CPTPP demonstrates our ambition to do business on the best terms with our friends and partners all over the world and be an enthusiastic champion of global free trade.”International Trade Secretary Liz Truss said“Joining CPTPP will create enormous opportunities for UK businesses that simply weren’t there as part of the EU and deepen our ties with some of the fastest-growing markets in the world.“It will mean lower tariffs for car manufacturers and whisky producers, and better access for our brilliant services providers, delivering quality jobs and greater prosperity for people here at home.“We’re at the front of the queue and look forward to starting formal negotiations in the coming months.”The UK will publish its negotiation objectives, scoping analysis, and consultation response in advance of negotiations expected to start this Spring.CPTPP membership is a key part of the Government’s plan to position the UK at the centre of a network of modern free trade deals that support jobs and drive economic growth at home.Julian David, CEO of techUK, said“Today marks an important step in the UK’s path to developing a modern trade policy that creates new opportunities for the UK tech sector. Building on our recent agreements with Japan and the European Union, the accession to the CPTPP will allow us to join a group of ambitious countries breaking the newest ground in digital trade.“The UK has been a major beneficiary of the rise of digital trade with over 67% of service exports worth £190.3 billion being digitally delivered. CPTPP will open up new markets for innovative tech SMEs looking to grow and expand beyond our borders. We are looking forward to working with the government throughout the process.”Mike Cherry, Federation of Small Businesses (FSB) Chair, said“Membership of the CPTPP would be a hugely welcome development to all small businesses looking to either expand or begin their trading journeys.“Crucially, at the very heart of this agreement is an SME chapter, something that we have lobbied for the inclusion of in every FTA, ensuring that no business is left behind.“This is truly a world-leading agreement and one that will genuinely help small firms to thrive and succeed more than ever.”CBI President, Lord Karan Bilimoria, said“This ambition marks a new chapter for our independent trade policy. As one of the largest free trade agreements in the world, these 11 countries contribute over £100 billion to our economy.“Membership of the bloc has the potential to deliver new opportunities for UK business across different sectors. The CBI will continue to work with the Government to ensure that firms get the most out of an agreement that will create jobs and deliver wide-ranging benefits to communities across the country.” /Public Release. This material comes from the originating organization and may be of a point-in-time nature, edited for clarity, style and length. View in full here. Why?Well, unlike many news organisations, we have no sponsors, no corporate or ideological interests. We don’t put up a paywall – we believe in free access to information of public interest. Media ownership in Australia is one of the most concentrated in the world (Learn more). Since the trend of consolidation is and has historically been upward, fewer and fewer individuals or organizations control increasing shares of the mass media in our country. According to independent assessment, about 98% of the media sector is held by three conglomerates. This tendency is not only totally unacceptable, but also to a degree frightening). Learn more hereWe endeavour to provide the community with real-time access to true unfiltered news firsthand from primary sources. It is a bumpy road with all sorties of difficulties. We can only achieve this goal together. Our website is open to any citizen journalists and organizations who want to contribute, publish high-quality insights or send media releases to improve public access to impartial information. You and we have the right to know, learn, read, hear what and how we deem appropriate.Your support is greatly appreciated. All donations are kept completely private and confidential.Thank you in advance!Tags:Boris Johnson, Britain, Canada, EU, Europe, european, European Union, Government, International trade, Japan, Malaysia, Mexico, New Zealand, pacific, UK, UK Government, Vietnamlast_img read more

Greens demand investigation into Western Sydney airport offsets scandal

first_imgGreens demand investigation into Western Sydney airport offsets scandal The Australian Greens MPsThe Greens say an investigation is needed into the offsets for the Western Sydney Airport, after revelations that consortiums including advisors to the NSW government made millions from the development.An investigation by Lisa Cox at The Guardian revealed that over a quarter of all offsets sold in the NSW scheme were collected by the consortiums.As stated by Greens Leader, Adam Bandt:“Public trust is paramount for major projects and the revelations published in the Guardian this morning puts a massive question mark over the environmental value of offsets for the Western Sydney Airport.“There needs to be an investigation into any conflicts of interests and possible insider trading.“This is happening on the Morrison government’s watch. Our national environment laws are too weak.As stated by Greens Environment spokesperson, Sarah Hanson-Young:“The offsets system is an utter rort. Just another scam for the Morrison Government to give their big developer and mining mates a green light for the environment wrecking projects.“This is just more proof the Morrison Government and their state counterparts can’t be trusted to protect the environment and our wildlife. We need stronger laws, not weaker ones.“Next week the Senate will be reviewing the Morrison’s Government’s moves to scrap environment laws. I will pursue this scandal with the Government officials. The Government must be held to account.As stated by Greens Co-Deputy Leader, Larissa Waters:“Even the rorts are stuffed with rorts! This isn’t the first time serious questions have been raised about who’s profiting from the Western Sydney airport project.“Last year we discovered that the federal government had paid a Liberal Party donor 10 times the fair value of a parcel of land earmarked for a second runway, handing over $29.8 million of taxpayer money for property valued at $3.1 million.“And now we learn that a consultant has made a motza by advising governments to purchase environmental offset properties he had a financial stake in.“Clearly there are problems with the governance of this project and both the NSW and federal governments have a lot of questions to answer. It’s yet another reminder why the Greens continue to call for a strong and independent national corruption watchdog.” /Public Release. This material comes from the originating organization and may be of a point-in-time nature, edited for clarity, style and length. View in full here. Why?Well, unlike many news organisations, we have no sponsors, no corporate or ideological interests. We don’t put up a paywall – we believe in free access to information of public interest. Media ownership in Australia is one of the most concentrated in the world (Learn more). Since the trend of consolidation is and has historically been upward, fewer and fewer individuals or organizations control increasing shares of the mass media in our country. According to independent assessment, about 98% of the media sector is held by three conglomerates. This tendency is not only totally unacceptable, but also to a degree frightening). Learn more hereWe endeavour to provide the community with real-time access to true unfiltered news firsthand from primary sources. It is a bumpy road with all sorties of difficulties. We can only achieve this goal together. Our website is open to any citizen journalists and organizations who want to contribute, publish high-quality insights or send media releases to improve public access to impartial information. You and we have the right to know, learn, read, hear what and how we deem appropriate.Your support is greatly appreciated. All donations are kept completely private and confidential.Thank you in advance!Tags:AusPol, Australia, Australian Greens, corruption, environment, federal government, Government, investigation, Liberal Party, Morrison, Morrison Government, NSW, property, purchase, Sydney, Sydney Airport, taxpayer, Western Sydney, wildlifelast_img read more

Uganda conflict survivor helps communities find ‘ways forward’

first_imgUganda conflict survivor helps communities find ‘ways forward’ The United NationsA Ugandan man who avoided being drawn into a decades’ long conflict as a child soldier, is dedicating his adult life to healing communities which were impacted by his government’s fight with the rebel Lords Resistance Army (LRA).As many as 25,000 children were abducted as soldiers and forced labourers, as the Ugandan government fought a civil war with the LRA from the 1980s onwards.Okello Tito says he was “one of the lucky ones” because he was not kidnapped or killed, even though his family did have to flee their home in the middle of the night after rebels set it alight.Today, he works as a community leader in northern Uganda, the epicentre of the conflict. Where he spends his time “calming people down, negotiating, finding solutions and ways forward”. In 2004 in northern Uganda, ‘night commuters’ left their homes each night to stay in shelters fearing that children would be forcibly abducted by the LRA. He has told his story as part of an initiative called “Life after conflict” focused on international justice, which was launched by the UN-backed International Criminal Court (ICC).The Hague-based ICC, is the world’s first permanent international court to prosecute some of the most heinous of crimes, including genocide, war crimes and crimes against humanity.On Thursday, the court is due to pass sentence on Dominic Ongwen, a former LRA leader who was found guilty of 61 charges, between 2002-2005, of crimes against humanity and war crimes, in the context of the conflict in northern Uganda. /UN News Release. This material comes from the originating organization and may be of a point-in-time nature, edited for clarity, style and length. View in full here. Why?Well, unlike many news organisations, we have no sponsors, no corporate or ideological interests. We don’t put up a paywall – we believe in free access to information of public interest. Media ownership in Australia is one of the most concentrated in the world (Learn more). Since the trend of consolidation is and has historically been upward, fewer and fewer individuals or organizations control increasing shares of the mass media in our country. According to independent assessment, about 98% of the media sector is held by three conglomerates. This tendency is not only totally unacceptable, but also to a degree frightening). Learn more hereWe endeavour to provide the community with real-time access to true unfiltered news firsthand from primary sources. It is a bumpy road with all sorties of difficulties. We can only achieve this goal together. Our website is open to any citizen journalists and organizations who want to contribute, publish high-quality insights or send media releases to improve public access to impartial information. You and we have the right to know, learn, read, hear what and how we deem appropriate.Your support is greatly appreciated. All donations are kept completely private and confidential.Thank you in advance!Tags:children, civil war, community, conflict, court, Criminal, epicentre, Family, Government, Humanity, justice, Soldier, Survivor, Uganda, UN, War crimes, worldlast_img read more

Student Found Dead At Apartment Complex

first_imgStatement By Pauline Hale, CU-Boulder Spokesperson Today, we learned of the death of a 21-year-old male student whose body was found in Bear Creek Apartments at Williams Village, an apartment complex located on campus at 3275 Apache Road in Boulder. The young man’s body was found by his roommate this morning. An investigation into the death is being conducted by the University of Colorado Police Department. At this time, we do not know the cause of death. Officers still are gathering information, but initial investigation does not indicate any signs of foul play, threat to the community or other safety concerns. As we learn more from the police investigation and coroner’s report, more information will be provided. This fall, the University community has sustained a number of tragedies involving the deaths of young people. We are deeply saddened and shocked by this loss of life. We have arranged for grief counseling for anyone in the campus community who needs help in dealing with their grief and shock. Published: Nov. 12, 2004 Share Share via TwitterShare via FacebookShare via LinkedInShare via E-maillast_img read more

High Commissioner Formally Welcomed to London

first_imgAdvertisements RelatedHigh Commissioner Formally Welcomed to London RelatedHigh Commissioner Formally Welcomed to London RelatedHigh Commissioner Formally Welcomed to Londoncenter_img High Commissioner Formally Welcomed to London Foreign AffairsOctober 15, 2010 FacebookTwitterWhatsAppEmail High Commissioner to the United Kingdom (UK), His Excellency Anthony Johnson was formally welcomed to London on October 12, by other CARICOM High Commissioners and Her Majesty’s Marshal of the Diplomatic Corps, Charles Grey.Also welcoming Mr. Johnson and his wife, Mrs. Pamela Johnson, were members of the Jamaican community, at a reception, following his presentation of credentials and audience with her Majesty The Queen.Words of congratulations and warm welcome were made by the Dean of the CARICOM High Commissioners, Laleshwar Singh; Marshal Dean Grey and Dr. Victor Paige, representing the Jamaican community.All three wished the High Commissioner and his wife a happy and successful period in office.High Commissioner Johnson told JIS News that during his audience with the Queen, he extended greetings from the people of Jamaica and discussed issues of mutual interest. He said the Queen recalled her first visit to Jamaica and that she was impressed by the beauty of the island .Mr. Johnson, who arrived in London in May, is Jamaica’s 11th High Commissioner to the United Kingdom. He previously served as Jamaican’s Ambassador to the United States in Washington, D.C.He told the gathering at the reception that one of his areas of interest was improving Jamaica’s trade links.All new Ambassadors and High Commissioners are escorted to Buckingham Palace by the Marshal of the Diplomatic Corps, where they present their letters of credence to The Queen.last_img read more

French politicians back 5G security bill

first_img Author Previous ArticleSamsung in deep water over Australian adsNext ArticleFacebook resolves photo outage Chris joined the Mobile World Live team in November 2016 having previously worked at a number of UK media outlets including Trinity Mirror, The Press Association and UK telecoms publication Mobile News. After spending 10 years in journalism, he moved… Read more Chris Donkin 5GFrance Tags Asia Relatedcenter_img Telkomsel turns on 5G in major cities A group of French MPs and senators agreed on the detail of a proposed law, which would require the country’s operators to seek direct permission from authorities about equipment used in 5G networks.The bill was given the green light by the group, which was charged with assessing national security issues around the deployment of 5G. It will now be heard by the complete senate and parliament before going to French President Emmanuel Macron for final sign-off.If adopted, it will set stringent security regulations related to 5G networks and outline the severity of punishments for non-compliance. The original proposal stated the aim was to: “Ensure the development of 5G while preserving the interests of defense and national security of France.”A statement made yesterday (3 July) by the working group looking into the issue added the risks of 5G were due to the new industrial use cases opened up by the technology, including connected vehicles, next generation factories and telesurgery. The regulations will not cover previous technology generations.Authorities began the process in March, when pressure was being applied by the US for partner countries to follow its stance on restricting the use of Huawei equipment in 5G networks. Shortly after France initiated its review, the European Commission outlined its position calling for a common approach to 5G security across all 28 member states. Subscribe to our daily newsletter Back AddThis Sharing ButtonsShare to LinkedInLinkedInLinkedInShare to TwitterTwitterTwitterShare to FacebookFacebookFacebookShare to MoreAddThisMore 04 JUL 2019 Nokia scores Philippines 5G deal with Dito Home French politicians back 5G security bill Mobile Mix: Buzzing for Barcelonalast_img read more

Man Sentenced for Shooting Dad’s Horse

first_img Stay Connected with the Daily Roundup. Sign up for our newsletter and get the best of the Beacon delivered every day to your inbox. HAMILTON – A 36-year-old southwestern Montana man who pleaded guilty to shooting his father’s horse during an argument has been sentenced to 30 days in jail.Jalen Ore Elliott of Conner pleaded guilty to misdemeanor animal cruelty Thursday in District Court in Hamilton. In exchange, prosecutors dropped charges of assault with a weapon and criminal mischief.Olen Elliott told District Judge James Haynes that his son “just had a bad day and didn’t know what he was doing” when he shot the 8-year-old horse in the neck in February, causing it to bleed to death. Prosecutors say Elliott threatened his father and another man with the gun.Haynes sentenced Elliott to a year in jail with all but 30 days suspended. He was given credit for the 14 days he has served and was taken into custody after the hearing. Emaillast_img read more