More From Our Partners A ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comConnecticut man dies after crashing Harley into live bearnypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgWhy people are finding dryer sheets in their mailboxesnypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.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.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.com Share Rebecca Smith Airports are still being affected: Heathrow, Gatwick and London City Airport have warned of fog causing delays and cancellations.https://twitter.com/HeathrowAirport/status/814723283333632000 New Year’s Eve can be a hectic period for travel, and this year has the added trouble of thick fog and ice causing concern, on top of a planned Southern rail strike.Drivers have been warned to be wary of fog and sub-zero weather conditions across large swathes of England. Freezing fog has settled in many places, while visibility could be down to 100m with ice developing on some roads. So, journeys are likely to take longer than usual with trickier driving conditions. Ashford – Hastings Hurst Green – Uckfield Havant – Portsmouth Harbour Clapham Junction – Milton Keynes Redhill – Reigate As for travel disruption elsewhere:Southern railLong-suffering Southern passengers will likely already know, but for those intending to use the services over the New Year period, you might want to think again.Southern has advised passengers to check before they travel as it’s expected services will be “severely disrupted” during the RMT union’s next three-day strike – which starts tomorrow, 31 December.A team of contingency conductors will keep key routes open, but some services will finish earlier, while other routes will have no services or a replacement bus service.On 31 December, New Year’s Eve, there will be no Southern train services on the following routes: Clapham Junction – Milton Keynes Chichester – Portsmouth/Southampton Lewes – Seaford Eastbourne – Ashford International Oxted – Uckfield Haywards Heath – Lewes Redhill – Reigate whatsapp These routes will either have ticket acceptance with another operator or a replacement bus service. Transport for London:On New Year’s Eve:Free travel will be provided on all of its services from 11.45pm until 4.30am or last service.From around 2pm, Waterloo, Westminster and Jubilee Bridges, and roads in central London will start to close to prepare for the big fireworks event.All bridge and road closures will be in place from 8pm and most will re-open at 6am on Sunday 1 January. Once road closures are in place, bus hubs will be in operation.The Tube will run throughout the night, but some stations will become exit only at certain times, including Blackfriars from 9pm, Covent Garden from 7pm and Russell Square from 10.30pm.Taxis cost an extra £4 per journey after 8pm.On New Year’s Day:Some central London road closures will remain until 6pm for the New Year’s Day Parade. These include Berkeley Square, Bridge Street, Haymarket, Lower Regent Street, Pall Mall and Victoria Street. For a full list see here.No District line service between Earl’s Court and Kensington (Olympia).Stations near the parade route (Green Park, Piccadilly Circus, Embankment, St James’s Park and Westminster) are expected to be busier than normal. Avoid if you can.The following buses will be busier than usual, divert their route, or terminate early in central London until around 6pm: 3, 6, 9, 11, 12, 13, 14, 15, 19, 22, 23, 24, 29, 38, 53, 87, 88, 91, 94, 139, 148, 159, 176, 211, 453, C2No service between Romford and Upminster on the London Overground – use bus 370 instead. The Met Office issued a weather warning, saying “freezing fog” had set in across parts of the country and could be slow to clear at times – “perhaps persisting into this evening”. As freezing fog settles across the South East, here are all the travel delays and disruptions taking place in London in the run-up to New Year’s Eve whatsapp These routes will either have ticket acceptance with another operator or a replacement bus service.On Sunday 1 January there will be a Sunday service and on Monday 2 January there will be a Saturday service.On both 1 and 2 January there will be no Southern train services on these routes: Friday 30 December 2016 12:06 pm
Tuesday 2 February 2021 8:44 am Responding to the CityUK’s release, Labour’s shadow City minister Pat McFadden said: “The government has been watering down expectations of what will be achieved through the memorandum of understanding, but that is not good enough for a sector of this importance to the UK. The UK and EU are currently conducting “memorandum of understanding” talks that will guide future regulatory cooperation on financial services. City of London lobby urges EU to grant UK financial services firms widespread access to its markets The UK-EU Brexit trade deal does not include an EU-wide arrangement for financial services, with UK firms instead having to negotiate a patchwork of individual EU nations’ regulations. (Getty Images) Also Read: City of London lobby urges EU to grant UK financial services firms widespread access to its markets Share It is expected that these talks will likely only produce an agreement to consult each other before making regulatory decisions. Tags: Brexit City of London Corporation This has led major UK-based banks to move more than £1 trillion of assets and thousands of jobs to EU financial capitals to avoid disruption. Celic has said in the past that the City’s largest firms have been preparing for the worst case post-Brexit scenario since 2016. whatsapp A Treasury spokesperson said: “We are committed to working with the EU on financial services – as set out in the joint declaration – to establish a stable and durable relationship which supports financial stability, market integrity and consumer protection. Show Comments ▼ The group also called for the memorandum of understanding talks to create “regular structured dialogue, including transparency, clarity and certainty on the unilateral processes of adoption, suspension and withdrawal of equivalence decisions”. The UK-EU Brexit trade deal does not include an EU-wide arrangement for financial services, with UK firms instead having to negotiate a patchwork of individual EU nations’ regulations. (Getty Images) Also Read: City of London lobby urges EU to grant UK financial services firms widespread access to its markets The only way the City of London can maintain its pre-Brexit access to the EU is if Brussels grants regulatory equivalence, however Brussels believes the UK is destined to diverge from its financial services regulations and has withheld the designation. The CityUK today called for the EU to grant regulatory equivalence to the sector, while also calling for the UK government to provide more clarity on what future financial regulatory cooperation will look like post-Brexit. Lord Jonathan Hill, the UK’s former financial services commissioner to the EU, told the Financial Times last week that EU would “not do us any favours” and that it was certain Brussels will not grant equivalence for British firms. The City of London’s most influential lobby group has urged Brussels to grant Britain’s finance sector wide-ranging post-Brexit access as talks between the UK and EU on financial services continue. The UK-EU Brexit trade deal does not include an EU-wide arrangement for financial services, with UK firms instead having to negotiate a patchwork of individual EU nations’ regulations. The UK-EU Brexit trade deal does not include an EU-wide arrangement for financial services, with UK firms instead having to negotiate a patchwork of individual EU nations’ regulations. (Getty Images) The UK-EU Brexit trade deal does not include an EU-wide arrangement for financial services, with UK firms instead having to negotiate a patchwork of individual EU nations’ regulations. (Getty Images) Also Read: City of London lobby urges EU to grant UK financial services firms widespread access to its markets whatsapp “The industry is as eager to see structured regulatory cooperation on financial services between the UK and the EU, as it is to prevent cross-border barriers to justice and ensure certainty on the movement of data.” Memorandum of Understanding The UK-EU Brexit trade deal does not include an EU-wide arrangement for financial services, with UK firms instead having to negotiate a patchwork of individual EU nations’ regulations. (Getty Images) Also Read: City of London lobby urges EU to grant UK financial services firms widespread access to its markets “The Brexit agreement was basically a no-deal outcome for financial services and we need more than that if we are not to lose more business to other countries.” “The chancellor has also recently set out ambitious plans to renew the UK’s position as the world’s pre-eminent financial centre – making it more open, technologically advanced and a global leader in green finance.” Stefan Boscia CityUK chief executive Miles Celic said: “Our industry is pragmatic about the increased friction to trade and cross-border transactions which have resulted from Brexit, but we should still seek to minimise this wherever possible. We urge both the UK and the EU to move quickly and get these additional agreements in place. More From Our Partners Brave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgPorsha Williams engaged to ex-husband of ‘RHOA’ co-star Falynn Guobadiathegrio.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgMan on bail for murder arrested after pet tiger escapes Houston homethegrio.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comLA news reporter doesn’t seem to recognize actor Mark Currythegrio.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgColin Kaepernick to publish book on abolishing the policethegrio.comFort Bragg soldier accused of killing another servicewoman over exthegrio.comA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comFans call out hypocrisy as Tebow returns to NFL while Kaepernick is still outthegrio.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comKansas coach fired for using N-word toward Black playerthegrio.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comBill Gates reportedly hoped Jeffrey Epstein would help him win a Nobelnypost.com The CityUK said today that the EU should unilaterally grant equivalence for UK finance firms as it is “in the interests of customers and clients in the EU”.
You have to find the perfect level of Cortisol to reach the peak of optimal performance. For leaders to be able to create this optimal state of performance within their teams, it is essential to provide clear objectives and give teams the freedom to achieve them in their own way, providing feedback throughout the process and helping as necessary. Leaders’ degrees of Emotional Intelligence are reflected when leading teams, from which six main leadership styles can be identified: It is also important to know the relationship between our performance and our level of Cortisol (a hormone that is released in response to stress). The higher the level of Cortisol, the worse the performance. Cortisol is also positively correlated with motivation, so too low a level of this hormone can also indicate poor performance. 5. Leader who sets the pace: Pushes for tasks and objectives to be accomplished. This is a common profile in organizations and lacks a high level of Emotional Intelligence. In this video Daniel Goleman explains the three types of empathy. The best leaders use a combination of different leadership styles when appropriate, because they understand that each person and each situation requires a different approach. These studies show that, in the workplace, the more you move up in the organization, the more important Emotional Intelligence becomes. 85% of the competencies that companies consider key in defining a great leader depend on Emotional Intelligence. Greater Emotional Intelligence in employees and leaders implies greater job satisfaction, greater commitment, less turnover, more positive feelings at work, higher performance, better physical and mental health and a better climate in the organization. High performing organizations have a number of common EI related characteristics such as interpersonal understanding, openness, team selfawareness, self-assessment, responsibility, and constant learning. In today’s world we have a multitude of constant distractions in our day to day. Studies reveal that the use of technology throughout our day causes us to be distracted 50% of the time on average, even reaching 90% in instances such as during the commute to work. Having this wealth of information at our fingertips in this case means lower quality of attention to a specific task. 1. Visionary leader: Creates the best work environment. Provides long-term vision and direction. Sponsored Friday 11 June 2021 2:28 pm According to Daniel Goleman, renowned psychologist, Emotional Intelligence is more important today than ever. Read this article to discover the impact of EI on leaders and organizations. Daniel Goleman will join the first edition of WOBI Management Week (June 28 – July 1, 2021), a 4-day digital event with world class business thought leaders that will address the latest trends and ideas in today’s most relevant management topics. Emotional Intelligence in Leaders We are facing a new reality, a new situation in which relationships have taken on a greater role, transforming the way we interact. Studies reveal that the more Emotional Intelligence we have, the better we will respond to stressful situations. It also improves our mood and gives us greater personal and professional satisfaction. 4. Democratic leader: Builds commitment through collaboration. 2. Leader as Coach: Develops good relationships with employees. Everyone wants to be around the leader. 6. Authoritarian Leader: Demands obedience and compliance. To build an emotionally intelligent organization, it is essential to consider these characteristics when hiring new staff, focusing on EI performance and emphasizing the importance of EI in training and developing teams. It is important to integrate EI into the values and principles of the company, thus eliciting the best version of each employee. If you want to learn more, don’t miss Daniel Goleman in WOBI Management Week, who will reveal the keys to build an emotionally intelligent workplace. 3. Unifying leader: Creates harmony in labor relations. Share whatsapp Show Comments ▼ More From Our Partners A ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.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.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgWhy people are finding dryer sheets in their mailboxesnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.com
Community | Environment | Fisheries | Subsistence | WesternFour Western Alaska communities to receive large halibut donation after dismal walrus harvestJuly 31, 2015 by Laura Kraegel, KNOM Share:Four communities affected by this spring’s poor walrus harvest will soon receive 10,000 pounds of halibut from a nonprofit that supplies seafood to hunger-relief efforts.Nearly 200 boxes of the fish were delivered to Nome July 29, according to Kawerak senior planner Donna James. She said the delivery is being sorted and will soon be distributed to Diomede, Gambell, Savoonga and Wales.The halibut comes as a donation from SeaShare, a nonprofit based in Washington state. All four communities declared states of economic disaster after a spring harvest that Vera Metcalf called significantly worse than usual.Metcalf is director of the Eskimo Walrus Commission and has worked with the communities through the food shortage. She said the commission reached out to the State of Alaska and the governor’s office for help through Rep. Neal Foster and Sen. Donny Olson“Their staff (was) really good about following up with our concerns, making sure the communities were aware that the State of Alaska and Walker’s administration were aware of the situation,” Metcalf said.The U.S. Coast Guard brought the frozen halibut to Nome free of charge, and James said Kawerak is working with Bering Air, Erickson Helicopters and Ravn Alaska to organize free freight delivery to the four communities.Although the donation is good news, Metcalf said it’s only a temporary solution as climate change makes hunting more difficult.“In the event that another disaster is declared, what do we do? And how do we move forward? We need to come up with a long-term plan,” she said.For now, Metcalf said the donation will be a big help, even if it doesn’t completely solve the food shortages.“I know it won’t fill the nutritional value that a walrus or other marine mammals provide, but it’s there and it’ll be put to good use,” she said.The halibut will ship out as soon Kawerak can coordinate delivery with the different airlines. Kawerak will then distribute the fish equally to households in each community.Share this story:
Community | Education | JuneauLemon Creek inmates study Latin etymology and epic poems behind barsJuly 9, 2018 by Adelyn Baxter, KTOO Share:Jim Hale and Lowell Ford sit in the library at Lemon Creek Correctional Center after Latin class. (Photo courtesy Paul McCarthy/Alaska Department of Corrections)Audio Playerhttps://media.ktoo.org/2018/07/09Latinwhostlede.mp300:0000:0000:00Use Up/Down Arrow keys to increase or decrease volume.Taking GED or vocational classes in prison is not unusual. But at Juneau’s Lemon Creek Correctional Center, a small group is studying Latin, a language that’s been dead for centuries.Visitors to Lemon Creek Correctional Center pass through three locked gates. You surrender your phone, keys — pretty much everything but your ID.Once you pass through the final door, you’re locked in with 200 inmates.“I call them my captive audience,” said Jim Hale, a former college professor who teaches writing at the prison.He began teaching at Lemon Creek about four years ago. Over time, he grew closer with some of his more dedicated students. A few months ago one of them approached him with an unusual request: Would he consider teaching Latin?Hale learned Latin years ago as a graduate student studying Renaissance literature, but he hesitated.His Latin was rusty, and why would anyone want to learn a dead language, let alone in prison?“The one thing about Latin is, you’ll see anybody who’s been to jail or has to deal with legal process, you see a lot of Latin words a lot of people are not understanding,” said Lemon Creek inmate Lowell Ford.He’s had enough experience with legal proceedings to recognize a number of Latin phrases, but that’s not why he asked Hale to teach the class.Since joining Hale’s writing class four years ago, Ford has worked hard to improve his style. But he’s a perfectionist — constantly editing and revising his work, never quite feeling satisfied with it.He likes to write as concisely as possible, which makes choosing his words carefully very important.“With no grasp of Latin then the grasp of English seems to be kind of fleeting and you lose where the word came from or what the word truly is supposed to mean,” Ford said.In his writing classroom, Hale peppers his lectures with discussions of Latin etymology.He always told his students that understanding the original meaning of the words you want to use is the only way to really get across what you want to say in writing.Knowing that, he said yes. The former professor and freelance writing instructor even bought the Latin textbooks out of pocket.“It was a way of honoring our friendship,” Hale said. “And then, he found other guys who wanted to do it!”The class meets weekly for an hour in the prison library.During a recent lesson, they examined a poem about Dido, queen of Carthage.Four men in faded yellow jumpsuits took turns translating lines of text into English. Sometimes they paused on a tricky word until Hale offered up a gentle hint to get them going again. Ford says the vocabulary is particularly tricky for new learners. So much of English evolved from Latin, as did the meanings of many words.“When you’re memorizing Latin original words, sometimes the English words try to superimpose themselves over the Latin,” Ford explained.“For instance, our words ‘fact’ and ‘fiction’ come from two Latin words meaning the same thing,” Hale added.Ford said he spends more than an hour each night in his cell going over vocabulary and conjugation. He’s been reading the Aeneid in his spare time.“It’s like learning how to spell for a spelling bee; you take a list of words and you repeat them numerous times and then you write them and you write them and you write them,” he said.They don’t spend much time on pronunciation — Latin hasn’t been spoken as a native language for more than a thousand years, after all. The goal is simply to understand the texts they study.Hale said teaching the class forced him to revisit a subject he thought he’d never study again.“It’s an old axiom that you never really learn a subject until you have to teach it,” Hale said. “I feel like I’m learning Latin again with the guys.”Ford has been at Lemon Creek for about six years. He’s not due for release until 2020.He’s 39 now, and he knows learning new languages and subjects will only get harder. But he said he’s grateful for the opportunity.“It makes a section of time that would normally not have much value for me, turn into something that can be positive,” he said.The class may go on hiatus later this summer while Hale is out of town, but Ford said he plans to continue practicing alone and with his classmates.Share this story:
News Entire border patrol unit in North Hamgyong Province placed into quarantine following “paratyphoid” outbreak North Korea tries to accelerate building of walls and fences along border with China RELATED ARTICLESMORE FROM AUTHOR Daily NKQuestions or comments about this article? Contact us at [email protected] News Facebook Twitter Students Stage “One Unified Korea” Flash Mob Young NK members just after staging a flash mob in Daehakro, Seoul on August 7th. Image: Young NK News There are signs that North Korea is running into serious difficulties with its corn harvest SHARE News 20 members from the Students Alliance forHuman Rights in North Korea [Young NK], staged a flash mob devoted to peace andunification on the Korean peninsula in the bustling university district ofDaehakro, Seoul on August 7th. The final event in a campaign launched on July29, the mob titled “One Unified Korea” aimed to boost public sentiment aboutunification issues facing the Koreas.Vice-president of Young NK Park Jeong In, asenior at Sungshin Women’s University, explained that the event urged people to“collaborate with defectors to achieve unification and disseminate accurateinformation about human rights in North Korea. She stressed that “we can’t justwait for unification to happen; the young generation needs to actively plan forit.”The organization hit most major cities inSouth Korea on the campaign trail, hosting a range of events including: a photoexhibition drawing attention to human rights in the North, selling handmadebracelets bearing messages of hope and unity, and North Korean cuisinetastings.Lack of information on North Koreanhuman rights in Korean Contemporary textbooks was among the criticism highlighted during the events; brochures were distributed urgingyoung people to take it upon themselves to see that these texts were revisedaccordingly.Senior Researcher at NK Net Kim Young Hwanspoke to a group of university students in Busan on August 5 as part of thecampaign. Kim spent 114 days detained in Chinese prison for engaging inactivities related to human rights in North Korea.“In reality, unification is going to be anagonizingly difficult process,” Kim said, drawing on a wealth of experiencein related matters. “It’s up to theyoung generation to make concerted efforts toward unification and improvinghuman rights in North Korea.” By Daily NK – 2014.08.08 11:20am
Bitcoin should face tough capital rules, Basel Committee says Share this article and your comments with peers on social media Keywords Investor protection, CryptoassetsCompanies North American Securities Administrators Association New York attorney general secures receiver for crypto firm James Langton Facebook LinkedIn Twitter Related news However, they are also increasingly controversial, it notes; particularly as one of the largest Bitcoin exchanges, MtGox, recently shut down after claiming to be the victim of hackers and losing more than $350 million of virtual currency. Yet, despite the rising controversy, NASAA says, “virtual currency may find its way into your e-wallet.” And so, it warns investors that virtual currency is subject to minimal regulation, it is susceptible to cyber-attacks, and there may be no recourse should the virtual currency disappear. These accounts are not covered by deposit insurance, and they may be unsuitable for most investors due to their volatility, it also warns. “Investors in virtual currency will be highly reliant upon unregulated companies that may lack appropriate internal controls and may be more susceptible to fraud and theft than regulated financial institutions,” it says. Additionally, NASAA notes that investors will have to rely upon the strength of their own computer security to prevent theft. “Unlike traditional currency, these alternatives typically are not backed by tangible assets, are not issued by a governmental authority and are subject to little or no regulation,” said Andrea Seidt, NASAA president and Ohio Securities Commissioner. “The value of virtual currencies is highly volatile and the concept behind the currency is difficult to understand even for sophisticated financial experts,” Seidt said. “Investors should be aware that investments that incorporate virtual currency present very real risks.” The North American Securities Administrators Association (NASAA) issued an investor advisory Tuesday warning about the risks of trading in and using virtual currencies, such as Bitcoin. NASAA notes that the virtual currency, which includes digital and crypto-currency are gaining popularity, as growing numbers of merchants, businesses and other organizations are starting to accept Bitcoin in lieu of traditional currency. How should banks allocate capital for crypto?
Facebook LinkedIn Twitter The Toronto stock market suffered a triple-digit loss Monday as commodities prices mostly fell amid continuing worries over slowing growth in China. The S&P/TSX composite index dropped 136.35 points to 15,129, after closing down 200 points on Friday. Base metals, gold and energy were among the heaviest weights on the Toronto exchange. Share this article and your comments with peers on social media Toronto stock market dips on weakness in the energy and financials sectors S&P/TSX composite hits highest close since March on strength of financials sector The Canadian dollar lost 0.70 of a cent to 90.65 cents US against a strengthening U.S. dollar. U.S. markets were also in negative territory with the Dow Jones industrials down 107.06 points to 17,172.68. The Nasdaq fell 52.10 points to 4,527.69 and the S&P 500 index lost 16.11 points to 1,994.29. Craig Fehr, a Canadian market strategist at Edward Jones, said it was time for investors to prepare for a return to volatility on markets. “We’ve been in an environment for the past couple of years where volatility has been well below average and I think that even with the return to a normal type of market volatility or fluctuations it is going to be a little bit of an adjustment for investors who didn’t have to deal with that … for a couple of years,” Fehr said from St. Louis. “Investors should reposition their portfolios . . .(amid) expectations for higher volatility.” Traders are looking ahead to the latest Chinese economic growth data with the release Tuesday of HSBC’s gauge on China’s manufacturing. The report is expected to show renewed weakness in the world’s second-largest economy amid a recent spate of soft data. If the index falls near or below 50, it would indicate that China’s manufacturing is barely growing or possibly even contracting. In economic news, fewer Americans bought homes in August as investors retreated from real estate and first-time buyers remained scarce. The National Association of Realtors says sales of existing homes fell 1.8 per cent to a seasonally adjusted annual rate of 5.05 million last month. That snaps a four-month streak of gains with August sales down from a July rate of 5.14 million. The decline came from the exodus of investors who had been buying properties in the aftermath of the housing bust and recession. Overall, the pace of home sales has dropped 5.3 per cent year over year. Commodities were mixed with December copper fading five cents to US$3.04 a pound and the November crude contract dipped 78 cents to US$90.87 a barrel. December gold bullion added $1.30 to US$1,217.90 an ounce. In corporate news, BlackBerry (TSX:BB) plans to sell its new Passport smartphone for US$599 without a wireless carrier contract in the U.S., about $50 to $250 cheaper than various models of the iPhone 6 and Samsung’s Galaxy S4 currently on shelves. The price could give BlackBerry an advantage as it works to secure large orders of the device from corporate customers and plans to sell the phone at wireless stores. Canadian prices for the BlackBerry Passport haven’t been officially released. Shares in BlackBerry gained 16 cents to $12.05 on the Toronto Stock Exchange. Meanwhile, oil and gas company Veresen Inc. (TSX:VSN) says it’s spending more than US$1.4 billion to buy a stake in a U.S. pipeline, which it says will bolster plans to ship natural gas from a proposed terminal in Oregon. The Calgary-based company says it’ll be buying a 50 per cent stake in the Ruby pipeline system from Global Infrastructure Partners. The Ruby pipeline runs nearly 1,100 kilometres from Wyoming to Oregon and has the potential to ship up to two billion cubic feet per day of gas. Its shares lost 26 cents to close at $17.17. Linda Nguyen TSX gets lift from financials, U.S. markets rise to highest since March Keywords Marketwatch Related news
FacebookTwitterWhatsAppEmail Canada’s Prime Minister, the Rt. Hon. Stephen Harper, arrived at the Norman Manley International Airport in Kingston on Sunday (April 19) for a two-day working visit.Prime Minister Harper travelled to Jamaica from the three-day Summit of the Americas, which ended on April 19 in Port-of-Spain, Trinidad.He arrived in the company of Prime Minister the Hon. Bruce Golding, and Minister of Foreign Affairs and Foreign Trade Hon. Dr. Kenneth Baugh, who also attended the Summit.A high level Government delegation, inclusive of members of the Cabinet was on hand to welcome the visiting Canadian Prime Minister and greet Mr. Golding and Dr. Baugh.Prime Minister Bruce Golding (right) makes a point to Canadian Prime Minister Stephen Harper on their arrival at the Norman Manley International Airport in Kingston Sunday night (April 19). The Prime Ministers travelled by special aircraft from the Summit of the Americas in Trinidad and Tobago, which concluded on April 19. The Canadian Prime Minister, who is in the island for a two-day working visit, will address a special session of Parliament on April 20.Prime Minister Harper will address a special joint sitting of Parliament on Monday (April 20) and he is expected to hold bilateral talks with Prime Minister Golding on a range of issues including the global economic crisis, the impending negotiations toward a free trade agreement between CARICOM and Canada, and Canada’s assistance in the implementation of the Justice Reform Programme.During his visit, Prime Minister Harper will also pay courtesy calls on Governor-General, His Excellency the Most Hon. Dr. Patrick Allen and the Leader of the Opposition, Portia Simpson Miller.He will tour the Jamaica Military Air School, which receives funding from the Canadian Government, and will meet with Jamaican/Canadian business leaders at a working luncheon. He will also participate in a signing ceremony for the Justice Undertakings for Social Transformation (JUST) project.Prime Minister Harper departs the island on Tuesday afternoon (April 21). RelatedCanadian PM Arrives in Island for Working Visit Canadian PM Arrives in Island for Working Visit Official VisitsApril 19, 2009 RelatedCanadian PM Arrives in Island for Working Visit RelatedCanadian PM Arrives in Island for Working Visit Advertisements