Posted in prmtnvjeohop

Gold heads for biggest weekly advance since 2008 after squeeze

first_img“Headlines have popularized the worries about the ability to buy and deliver physical gold and spreads have blown out,” RBC Capital Markets said in a note. “These concerns are, in many ways, justified, but more so if we begin to see more complete shutdowns throughout the supply chain.”Key players in the global market are working together to facilitate physical delivery, albeit while many dealers of bars and coins are reportedly out of stock, the RBC analysts said. While these concerns are likely adding to exaggerated price moves, gold-positive conditions are not over, they said.Spot gold was 0.2% lower at $1,627.88 an ounce at 10:58 a.m. in Singapore, headed for a weekly gain of 8.6%. The Bloomberg Dollar Spot Index fell 3.4% this week.The spread between London and New York prices has narrowed considerably. The disparity was about $22 an ounce on Friday, compared with more than $60 earlier in the week.Other main precious metals also jumped this week: silver rose 16%, platinum climbed 21%, and palladium surged 41%. Supply concerns are growing for the two platinum group metals as mines shut down in South Africa during a lockdown. Topics : Gold headed for the biggest weekly advance since 2008, rallying along with risk assets including equities, as investors weighed up the impact of massive monetary and fiscal stimulus for virus-hit economies and disruptions in the physical bullion market that have roiled trading.The store of wealth is in demand as the outbreak spreads and investors seek havens from the damage, which has led to the flood of support from central banks and governments. The rush for bullion has come when supply channels are being strangled, with some refineries shutting down and flights halted. That’s limiting sellers’ capacity to meet commitments to deliver the metal.The disruptions led to uncertainty if there was enough gold available in New York to deliver against contracts on the Comex, exploding the spread between futures and spot prices in London. But peak tightness may have eased as investors roll April contracts to June, which saw open interest jump to 345,689 futures, from 151,828 on March 9, according to initial data compiled by Bloomberg.last_img read more

Posted in prmtnvjeohop

EuroDry Expands Fleet with Second-Hand Panamax

first_imgGreek dry bulk owner EuroDry has signed a memorandum of agreement to purchase a Panamax drybulk carrier built in 2004 in Japan.The 75,845 dwt M/V Star of Nippon, to be renamed M/V Starlight, is expected to be delivered to the company by the end of November 2018.The acquisition will be financed with funds at hand and debt which is in the process of arranging, EuroDry said.“We are very pleased to commence the process of growing EuroDry Ltd by acquiring M/V Star of Nippon, a vessel that will complement perfectly the rest of our Japanese built panamaxes and our three newbuilt vessels, an ultramax and two kamsarmaxes. “We believe that the drybulk market will provide significant opportunities for positive returns over the next several years and we have been working to position EuroDry to take full advantage of them for the benefit of our shareholders,”Aristides Pittas, Chairman and CEO of EuroDry Ltd., commented.EuroDry was spun-off from Euroseas Ltd on May 30, with the objective of consolidating Euroseas’ drybulk fleet into a separate listed public company.The latest purchase will bring EuroDry’s fleet to 7 ships, including four Panamaxes, two Kamsarmaxes and one Ultramax.last_img read more

Posted in prmtnvjeohop

Processed meat linked to cancer; red meat is risky too — WHO

first_imgHealthInternationalLifestylePrint Processed meat linked to cancer; red meat is risky too — WHO by: Associated Press – October 26, 2015 Uncooked pork (file photo)PARIS (AP) — It’s official: Ham, sausage and other processed meats can lead to colon, stomach and other cancers — and red meat is probably cancer-causing too.While doctors have long warned against eating too much meat, the World Health Organization’s cancer agency gave the most definitive response yet Monday about its relation to cancer — and put processed meats in the same danger category as cigarettes or asbestos.A group of 22 scientists from the WHO’s International Agency for Research on Cancer in Lyon, France evaluated more than 800 studies from several continents about meat and cancer.Based on that evaluation, they classified processed meat as “carcinogenic to humans” and red meat as “probably carcinogenic.”Meat industry groups protest the classification. The North American Meat Institute argued in a statement that “cancer is a complex disease not caused by single foods” and stressed the importance of lifestyle and environmental factors.Doctors have warned that a diet loaded with red meat is linked to cancers, including those of the colon and pancreas. The American Cancer Society has long urged people to reduce consumption of red meat and processed meat.The researchers defined processed meat as anything transformed to improve its flavour or preserve it – including salting, curing or smoking.They noted that red meat contains important nutrients but said it was associated with some cancers in several studies. Their report said grilling, pan-frying or other high-temperature methods of cooking red meat produce the highest amounts of chemicals suspected to cause cancer. Share Share Sharing is caring!center_img Share 158 Views   no discussions Tweetlast_img read more

Posted in prmtnvjeohop

WV farmers to benefit from rice tariff law this year

first_imgAs of Thursday, the DA 6 has received2,578 letters of intent from farmer cooperatives and associations. Remelyn Recoter, regional executivedirector of DA 6, said in a press conference the first year of the RTLimplementation has done good to the consumers. Recoter said more than half of thenumber has already been accredited and can avail of the benefits under the RTL. Citing studies, Recoter said the RTL hascaused a 10 percent rice price drop. On the other hand, the Philippine Centerfor Postharvest Development and Mechanization (PhilMech), another implementingagency, will start distributing farm machinery this March. ILOILO City – After a year of the implementation of the Rice TarifficationLaw (RTL) on Thursday, the Department of Agriculture in Western Visayas (DA-6)said farmers in the region will further gain from its benefits this year. For the first year of the RTLimplementation, the Landbank of the Philippines has also assisted farmers inrice production. Fennie Lyn Pantin, regional focal personof PhilRice, however, said the distribution of seeds to farmer cooperatives andassociations was done in the third week of October last year. “Some of thefarmers have already planted when the seeds arrived,” she said. The Philippine Rice Research Institute(PhilRice), one of the implementing agencies of the RTL, has already kicked offits distribution of seeds. “We are requesting our farmers to givechance to our law because there had been clamors to amend the law. We arehoping this 2020, the 2019 (budget) and the 2020 will be implemented,” shesaid. Giovanni Baoy, Land Bank of thePhilippines Capiz Lending Center head, said that the bank has so far released P17.6million to 194 farmers for palay production. “For the mechanization, the intention isto decrease the cost of production because the biggest expense in rice farmingis labor that is about more or less 30 to 40 percent,” Recoter said. Thirty-eight farmers’ cooperatives andassociations will benefit from the mechanization, which include farm equipmentlike four-wheel tractor, hand tractor, floating tiller, combine harvester,among others. Recoter said the certified seeds thatwill be distributed to the farmers will increase one metric ton of harvest perhectare. “The budget is P42, 000 per hectare forhybrid and PHP37, 000 per hectare of inbred,” Baoy said. (PNA)last_img read more

Posted in prmtnvjeohop

Becker is best in Arlington IMCA Hobby Stocks

first_imgBrandon Beckendorf won the MN 93 IMCA Modified feature, Dean Cornelius paced the B&B Rac­ing Chassis IMCA Stock Car main and Matthew Looft collected the Unhinged Pizza IMCA North­ern SportMod checkers. Justin Dose was first across the line in the Coors Light IMCA Sport Compact feature to win ahead of Alex Dostal and pick up his first trophy of the year.  Brad Becker as the Saturday night IMCA Sunoco Hobby Stock winner at Arlington Raceway. (Photo by Sarah Moriarty) ARLINGTON, Minn. (Aug. 17) – Brad Becker has tried weekly to unseat Eckblad Trucking IMCA Hobby Stock foe Cory Probst in victory lane and finally got the job done Saturday at Arlington Raceway.center_img Jeremy Schultz led the entire Alpha Media IMCA RaceSaver Sprint Car feature flag to flag to win his first race of the year.  Becker started seventh and took the lead from Scott Koep on the fourth lap in the flag-to-flag race. Koep maintained second throughout the race with Luke Trebelhorn third and Probst following in fourth. last_img read more

Posted in prmtnvjeohop

Sensory friendly movie experience being offered

first_imgColumbus, IN—YES Cinema in Columbus is offering a special opportunity for individuals living with Autism and other sensory issues to enjoy seeing a film in safe and accepting surroundings. To enhance the viewing experience, theatre lights will be slightly dimmed and the sound volume turned down. Also, audience members can get up, walk around, and talk. Also, since some have strict dietary needs, some gluten-free and casein-free snacks will be available for purchase.This will take place this Saturday and the featured movie is the new Sonic the Hedgehog movie at 10 am. All tickets are $4.00.last_img read more

Posted in prmtnvjeohop

Baggies play down bust-up claims

first_img A club spokesman said: “Tensions were understandably running high in the dressing room after Cardiff’s late equaliser, but the incident has been sensationalised in the media. “What happened is not uncommon in a dressing room and shows that the players care. “The players involved have apologised. The club has drawn a line under the matter and is now fully focussing on Saturday’s important game at Norwich.” Tempers flared after Saturday’s 3-3 draw with the Bluebirds at the Hawthorns after Mats Daehli snatched a last-gasp equaliser for the visitors. However, the Baggies have insisted the incident was nothing out of the ordinary and has been dealt with. West Brom have played down claims of a dressing room bust-up in the wake of their dramatic Barclays Premier League draw with Cardiff. center_img Press Associationlast_img read more

Posted in prmtnvjeohop

Viterbi drops three places in graduate school rankings

first_imgThe USC Viterbi School of Engineering’s graduate program fell from seventh to 10th on this year’s U.S. News & World Report Best Engineering Schools list after the administrating body corrected a reporting error that was largely responsible for the school’s high rank last year.Pitfalls · USC’s Viterbi School of Engineering dropped three places in the U.S. News Rankings after correcting last year’s reporting error. – Daily Trojan file photo Viterbi ranked seventh last year, but in June Inside Higher Ed reported that Viterbi had inaccurately listed the number of faculty members who are part of the National Academy of Engineering, a high distinction in the field. U.S. News uses the percentage of NAE members on a school’s faculty as a criterion for ranking.Because of what administrators said was an honest mistake, Viterbi reported the total number of NAE faculty members, not just full-time, tenure-track professors as the U.S. News survey stipulates.This year, better attention was paid to the numbers reported, and Viterbi fell three places in the rankings.“In the rankings that were published a year ago, the USC Viterbi School said they had 18.3 percent of faculty with NAE membership for the 2008 year,” said Robert Morse, Director of Data Research for U.S. News & World Report. “For the 2009 year, they said it was 8.9 percent. That was more or less the main reason why the school fell from seventh to tenth place.”According to Leslie DaCruz, executive director of communications and marketing for Viterbi, the school, in response to U.S. News’s request, reported the number of tenured faculty with NAE membership for the 2010 rankings.“Basically, we went to a stricter way of reporting and we knew it was going to affect our ranking in some way,” DaCruz said. “Being ranked 10 this year keeps us in great company.”In addition to the change in the number of NAE faculty reported, the drop in rankings was also influenced by a combination of other factors, including the performance of other schools in the 10 metrics used for the calculations. Because schools submit new information for the rankings every year, there is always movement up and down.For students considering graduate programs in engineering, rankings can factor into the decision.Xiaoran Wang, a graduate student from China studying electrical engineering, said she looked at rankings over a period of years for the graduate programs she considered applying to and also considered admission rates, cost and location. The most important factor she considered, however, was the academic reputation of the school and the program she wanted to study.“I think ranking was a very important factor when I chose a graduate school, [but] I think reputation was the most important because people in China prefer to go to high reputation schools; and reputation will help you find a job and get into doctorate programs,” Wang said.Wang also added that USC’s drop on the list is not significant to her.“I don’t think a change of three or four places is a huge drop. Ranks rise and fall, and [the drop] is not that important,” she said.DaCruz said that the school is not concerned by the drop because of the natural fluctuation in rankings it has experienced over the years.“Over the last 10 years, Viterbi has been from No. 12 to No. seven,” DaCruz said.“The rankings are one of many different measures and they really change. The important thing is the quality of education people get, and that’s the reason why they choose to come here.”U.S. News & World Report surveyed 198 graduate programs in the country to get information used for the rankings. It calculated the rankings based on 10 criteria, including research expenditures, number of Ph.D. graduates, enrollment and graduate record examination scores.last_img read more

Posted in prmtnvjeohop

Forehand adjustment carries No. 90 Miranda Ramirez in Syracuse’s loss to NC State

first_imgMiranda Ramirez couldn’t find a winner. Every time she sent a powerful forehand rally into the corner, Adriana Reami found a way to reach it. As she darted around the court, Reami muscled defensive lobs. Ramirez had won the first two games in the second set and looked to break Reami’s serve again. It took Ramirez a half-dozen rallies toward the corners before she found the open baseline. Her forehand winner blazed by Reami and extended the lead that wouldn’t be erased. In No. 28 Syracuse’s (11-8, 4-6 Atlantic Coast) 5-2 loss to No. 10 North Carolina State (19-3, 9-1) on Sunday afternoon, No. 90 Ramirez was a bright spot, winning for the fifth time in seven matches, 7-5, 6-2. After a match Friday against No. 2 North Carolina, when her forehand was off, Ramirez made a slight adjustment in practice the next day. The extra rotation on the forehand allowed her to win against Reami, an old friend and training partner from Miami. “I went into it with that knowledge of generically how she played, what she liked, what she didn’t like,” Ramirez said. “That benefited me a lot.”In her match two days prior, Ramirez fired some forehand rallies into the net. Others went long and some forehand volleys were mishit. In the fourth game of her doubles match, partner Gabriela Knutson fired a backhand causing a soft UNC return. Ramirez, primed for a forehand winner on the other side of the court, sent it long.AdvertisementThis is placeholder textThe next game, when Ramirez needed to hold serve facing a three-game deficit, she fired a crosscourt rally long. Singles didn’t go any better. In her straight-set loss to No. 3 Alexa Graham, Ramirez’s forehand never controlled the pace of the match. “You can’t control if you win or lose the point,” SU head coach Younes Limam said after Friday’s 5-2 loss to North Carolina, “but you can control how you go about the point.”In practice yesterday, Ramirez re-watched her match. She said she noticed her right hand’s rotation. She needed just a little more rotation on forehand shots. Holding back was the reason why many had gone into the net or long. With more rotation she could finish her shot by coming down on top of the ball. In the fourth game of her doubles match against NC State on Sunday, Ramirez took two steps forward and found the right line with her forehand winner. She smashed another the next game. As opposed to Friday’s match, she kept rallies alive against Reami with a controlled forehand. “Each individual person needs to take care of themselves and know what they need to do differently,” Ramirez said.Against Reami in singles, Ramirez needed her forehand present. They knew many of each other’s tendencies. When the two were 12 years old, they trained together down in Miami. They’d play with other occasionally in doubles and practice matches.  When they first started playing each other, Ramirez said she had “the upperhand.” But Reami quickly ascended to a five-star recruit out of high school and is currently No. 113 in the ITA singles rankings. Last year, Reami defeated Ramirez in Raleigh. N.C., 6-0 6-2. But with Ramirez’s tweak at forehand, she was able to capitalize on points in their latest meeting. She flexed her elbow across her chest from the corners, saving herself from winners yet not giving Reami and lobs to smash back. She had “that mentality of playing every point,” — one Limam has harped on throughout the season. Ramirez and Reami met at the net with a slight handshake afterward. “’Hi, hope you’re doing well,’” Ramirez told Reami. She didn’t need to say much else. There’s a good chance she’ll she Reami at the ACC championships, Ramirez said.As most of her Syracuse teammates sauntered dejectedly off the courts after the match, a smile crept across Ramirez’s face at times. After her quick goodbye with Reami, Ramirez had jogged over and watched other matches end. On an afternoon when flaws, both physical and mental, showed in her Syracuse teammates, Ramirez had worked to fix hers. “I needed to have more rotation on my forehand, and I was able to execute that today,” Ramirez said. “I played much better and I won.” Comments Facebook Twitter Google+ Published on March 31, 2019 at 5:30 pm Contact Andrew: arcrane@syr.edu | @CraneAndrewlast_img read more