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Software company TradeStation Global Services expands Costa Rica operation

first_imgRelated posts:Accenture announces 300 new jobs in Costa Rica 800 new jobs coming to Costa Rica Wanted: video interpreters in Costa Rica Bosch opens business outsourcing company in Costa Rica TradeStation Global Services, a software development and maintenance company, confirmed the expansion of its operation in Costa Rica with new facilities at Ultrapark 1 industrial park in Heredia province and the doubling of its local staff.The company will boost the number of employees from 60 to 120. It is now hiring software development professionals with experience in the areas of C++ and .Net programming. It also is looking for systems engineers, test engineers and automation specialists.President and COO Enrique Pizzi said the company’s continued growth comes thanks to hard work and professionalism by its Tico team.Costa Rican employees “are the primary reason we keep investing in Costa Rica,” he said. “Our operations here are a key part of our global vision, and we are confident of a bright future for our company and particularly for our future operations in Costa Rica.”The Heredia software development center launched operations in 2012 and was the company’s first outside the U.S. Applications developed here currently are being used in the U.S., Japan and China.Costa Rica Foreign Trade Minister Alexander Mora highlighted the importance of this new investment because of its contribution to the diversification and attraction of new markets.Those interested in applying for a job can submit résumés via email to: careers@tradestation.com or visit the company’s website. Facebook Commentslast_img read more

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Gulf leaders gather in Washington to push Obama on Iran

first_img WASHINGTON (AP) — Gulf nation leaders joined President Barack Obama at the White House Wednesday to warn of the risks of completing a nuclear deal with Iran. Obama was seeking to convince his counterparts of the potential benefits for the region.But when two days of talks wrap up on Thursday, it’s unlikely much will have changed. The Gulf’s skepticism of Iran is deep-seated and extends far beyond its nuclear pursuits. Obama, meanwhile, has invested too much in the Iran negotiations to let Gulf concerns upend his legacy-building bid for a deal. 0 Comments   Share   Former Arizona Rep. Don Shooter shows health improvement Quick workouts for men In 2011, the Obama administration accused Iran of plotting to kill the Saudi ambassador to the United States in Washington.The Saudis are also particularly concerned about the situation in Yemen, where Houthi rebels with ties with Iran have ousted the U.S. and Saudi-backed leader.For more than a month, a Saudi-led coalition has tried to push back the Houthis with a relentless bombing campaign. On Tuesday, a five-day humanitarian cease-fire went into effect, though the pause in fighting was already at risk. A jet-fighter from the Saudi coalition struck a military convoy belonging to Shiite rebels and their allies in southern Yemen on Wednesday,Saudi officials cited the cease-fire as one of the reasons why King Salman needed to stay in Riyadh and not make the trip to the United States.The Saudi king isn’t the only head of state sending a lower level representative to the summit. The heads of the United Arab Emirates and Oman have had health problems and were not making the trip.Bahrain’s royal court announced Wednesday that rather than travel to Washington, King Hamad bin Isa Al Khalifa would be attending a horse show and meet with Queen Elizabeth II.___Associated Press writer Adam Schreck in Dubai contributed to this report. Sponsored Stories 4 sleep positions for men and what they mean “My guess is that the summit is going to leave everybody feeling a little bit unsatisfied,” said Jon Alterman, the Middle East director at the Center for Strategic and International Studies.The White House is expected to offer the Gulf nations more military assistance, including increased joint exercises and coordination on ballistic missile systems. But Gulf requests for a formal defense treaty already have been denied by the U.S., in part because of the difficulty of getting such an agreement approved by Congress.Obama met separately Wednesday with Saudi Arabia’s Crown Prince Mohammed bin Nayef and Deputy Crown Prince Mohammed bin Salman. The president had planned to meet with Saudi King Salman, but the kingdom abruptly announced over the weekend that the monarch would no longer travel to Washington and would instead send the lower ranking, but highly influential princes.The president made no mention of Saudi skepticism of the Iran talks as he opened the meeting, but acknowledged the region is in the midst of a “very challenging time.”The White House and Saudi officials insist the king was not snubbing Obama. But Salman’s conspicuous absence comes amid indisputable signs of strain in the long relationship between the U.S. and Saudi Arabia, driven not only by Obama’s Iran overtures, but also the rise of Islamic State militants and a lessening U.S. dependency on Saudi oil. Milstead says best way to stop wrong-way incidents is driving sobercenter_img Ex-FBI agent details raid on Phoenix body donation facility “There have been disagreements under this administration and under the previous administration about certain policies and development in the Middle East, but I think on a set of core interests, we continue to have a common view about what we aim to achieve,” said Ben Rhodes, Obama’s deputy national security adviser.Later Wednesday, Obama hosted a White House dinner for the Saudi princes, as well as representatives from Qatar, the United Arab Emirates, Kuwait, Oman and Bahrain. The parties planned to spend Thursday at Camp David, the presidential retreat in Maryland’s Catoctin mountains, discussing the nuclear talks and Tehran’s reputed support of terrorism in the region.The U.S. and five other nations are trying to reach an agreement with Iran by the end of June to curb its nuclear ambitions in exchange for relief from international economic sanctions. The Gulf nations fear that an influx of cash will only facilitate what they see as Iran’s aggression.The White House says a nuclear accord could clear the way for more productive discussions with Iran about its reputed terror links. The U.S. has criticized Iran’s support for Hezbollah, as well as terror attacks carried out by Iran’s Quds Force. New Valley school lets students pick career-path academies Top Stories ___Follow Julie Pace at http://twitter.com/jpaceDCCopyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. 5 greatest Kentucky Derby finishes President Barack Obama shakes hands with Saudi Arabia’s Crown Prince Mohammed bin Nayef, Wednesday, May 13, 2015, in the Oval Office of the White House in Washington. Opening two days of talks with Gulf states, President Barack Obama meets with Saudi leaders skeptical of his overtures to Iran. Saudi Arabia and others in the region hope to secure defense commitments from Obama to help them stave off potential Iranian aggression. (AP Photo/Jacquelyn Martin)last_img read more

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Greater protection as Cyprus joins EU defence pact

first_imgCyprus was one of 23 EU member states which signed the EU defence pact Pesco on Monday in Brussels.“For the first time, a shield has been created which protects the Republic of Cyprus as a European border from any outside interventions,” said President Nicos Anastasiades, welcoming the development.“It is not an aggressive but defensive agreement, and this has a great deal of importance, and therefore Turkey’s key argument that the presence of the Turkish army would contribute to the protection of the Republic of Cyprus from outside interventions is also neutralised.”The agreement to launch an ongoing structured defence cooperation was signed by the foreign and defence ministers of Austria, Belgium, Bulgaria, Czech Republic, Croatia, Cyprus, Estonia, Finland, France, Germany, Greece, Hungary, Italy, Latvia, Lithuania, Luxembourg, the Netherlands, Poland, Romania, Slovenia, Slovakia, Spain and Sweden. The statement was then handed over to High Representative Federica Mogherini.The pact includes all EU governments except Britain, which is leaving the bloc, Denmark, which has opted out of defence matters, Ireland, Portugal and Malta.According to a statement by the European Commission which welcomed the move, Pesco is a framework and process between EU members “who are capable and willing to do so”.It will allow member states to jointly develop defence capabilities, invest in joint projects and enhance the operational readiness and contribution of their armed forces. The European Council is expected to adopt a formal decision to establish Pesco by the end of the year with the first plans being identified in parallel.The European Defence Fund, launched by the commission in June 2017, will strengthen cooperation projects in the field of defence research, prototype development and capacity-building. Monday’s joint communication marks a significant step towards the creation of a fully-fledged European defence union by 2025 as President Jean-Claude Juncker described in his speech on the state of the union on September 13.Cyprus signed the Pesco pact after cabinet approved a proposal for Cyprus’ participation in it last Wednesday, two days after President Nicos Anastasiades met with French President Emmanuel Macron in Paris. France and Germany are leading the way in pushing to increase such cooperation across the bloc.You May LikeLuxury Crossover SUV I Search AdsThese SUVs Are The Cream Of The Crop. Search For 2019 Luxury Crossover SUV DealsLuxury Crossover SUV I Search AdsUndoYahoo SearchThe Early Signs Of Type 2 Diabetes. Search Type 2 Diabetes TreatmentsYahoo SearchUndoDr. Marty ProPower Plus Supplement3 Dangerous Foods People Feed Their Dogs (Without Realizing It)Dr. Marty ProPower Plus SupplementUndo Concern over falling tourism numbersUndoTurkish Cypriot actions in Varosha ‘a clear violation’ of UN resolutions, Nicosia saysUndoOur View: Argaka mukhtar should not act as if he owns the beachUndoby Taboolaby Taboolalast_img read more

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Coop gave loan to 90yearold mortgaged cemeteries probe hears Update 2

first_imgA member of the co-op bank’s board of directors told an inquiry looking into the causes of its failure that while initially the bank’s situation was chaotic its staff unskilled, it eventually managed to operate as a proper, competitive bank before supervisors forced it out of business, the Cyprus News Agency (CNA) reported on Friday.A second board member who also testified on Friday, said that the Co-op could have survived if it had sold its non-performing loans while it was still in operation, which political conditions then did not allow, according to the CNA.In the co-op, “everything was possible,” Giorgos Kittos board member and first witness to testify on Friday, told the committee, describing the irregularities.An unspecified cooperative branch extended a loan to a 90-year-old woman with a 40-year maturity, while others accepted as collateral either overvalued properties or churches and cemeteries, he said.“After the bank got its act together, serious irregularities were not observed; we became a bank like any other,” Kittos said. “We cleaned up the mud but unfortunately, the supervisors led us to this point”.The Co-op was jointly supervised by the Central Bank of Cyprus and the European Central Bank’s (ECB) Single Supervisory Mechanism (SSM).The bank the government bailed out in 2014 with €1.5bn initially before injecting an additional €175m the following year, did not operate as a bank at first and was under constant supervisory pressure, Kittos said.The Cyprus Cooperative Bank was forced to sell its operations to Hellenic Bank after it failed to reduce its non-performing loans stock fast enough, which ultimately wiped out its equity.Kittos, appointed to the board in October 2013, said that he was not aware of a list of written-down loans, submitted to the committee after the finance minister approved it.Panicos Pouros, the second board member to testify on Friday, said that the Central Bank of Cyprus informed the members of the bank’s board of directors a year ago that the Co-op had to reduce its stock of non-performing loans by €1.8b to €5.4bn in eight months to avoid being placed in resolution.Pouros, also appointed in October 2013, said that this target was beyond reach, which made him feel that whatever the bank did to either raise capital or reduce its delinquent loan portfolio wouldn’t have made a difference.While the bank could have performed better if another asset management body had acquired its non-performing loan stock, the bank could have reduced it with the help of Spain’s specialist Altamira over a five-year period, he said.Blackrock, the US investment management company, proposed to the Co-op two potential companies, one of which was Altamira, to enter negotiations about the management of the bank’s non-performing loans, Pouros said and added that he personally proposed to explore whether strengthening the bank’s recovery unit with additional staff would be cheaper.Pouros said that that there was a bad chemistry between the bank’s chief executive officer (CEO) Nicholas Hadjiyiannis, a childhood friend of Finance Minister Harris Georgiades, and his predecessor Marios Clerides and the same applied with Christakis Taoushanis who succeeded Hadjiyiannis as board chairman.With Hadjiyiannis, there were differences of opinion with Clerides and Taoushanis, whom Pouros described as excellent economists, he continued.On Clerides’s resignation in mid-2015, the consultancy firm Egon Zehnder was tasked with finding a new CEO and when it presented a list of possible candidates, it said that it would need long time for the selection, the board member added. Then, the finance ministry intervened arguing that the procedure had to be completed within two weeks ahead of the arrival of a troika delegation.Then, Andreas Mouskallis, chairman of the Cooperative Central Holding Company whose stake in the Co-op shrank to below 1 per cent following its bailout, proposed Hadjiyiannis to succeed Clerides, which prompted Egon Zehnder to include him as an internal candidate and write a note saying “outstanding, stop the search (for) candidate,” Pouros sadded.The ECB approved Hadjiyiannis’s appointment four months later, he added.Clerides said in his testimony on August 3, that he resigned after he felt Hadjiyiannis had undermined him and together with the board interfered in executive affairs.Kittos said earlier on Friday that while Clerides had told him that he stepped down for private reasons, he may have in reality resigned when he suspected that supervisors would give the bank a rough time.He also said that with Taoushanis he had a good working relation though he expected more from the former chairman with whom he disagreed over the agreement with Altamira to manage the bank’s delinquent loans.  You May LikeCalifornia Earthquake AuthorityReassurance for your refugeCalifornia Earthquake AuthorityUndoLivestlyChip And Joanna’s $18M Mansion Is Perfect, But It’s The Backyard Everyone Is Talking AboutLivestlyUndoPopularEverythingColorado Mom Adopted Two Children, Months Later She Learned Who They Really ArePopularEverythingUndo Concern over falling tourism numbersUndoPensioner dies after crash on Paphos-Polis roadUndoCypriot tycoon launches ‘Bank of Cannabis’Undoby Taboolaby Taboolalast_img read more

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Rep Leutheuser hosts Hillsdale County sheriff lieutenant for Sept 11 ceremony

first_img Categories: Leutheuser News,News PHOTO INFORMATION: State Rep. Eric Leutheuser today hosted Hillsdale County Sheriff Tim Parker (right) and Lt. Todd Moore, also from the sheriff department, for the Michigan House’s Sept. 11 Memorial Service. The ceremony was held at the state Capitol, honoring Michigan first responders and military members who died in the line of duty in the past year.### 06Sep Rep. Leutheuser hosts Hillsdale County sheriff, lieutenant for Sept. 11 ceremonylast_img read more

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Lillys fireworks plan blasts out of the House

first_img07Dec Lilly’s fireworks plan blasts out of the House The Michigan House today voted to give local communities more control over the sale, use and safety of consumer-grade fireworks after approving bipartisan plan authored by Rep. Jim Lilly.Lilly’s plan, House Bills 5939 and 5941, helps resolve the growing problems plaguing communities since the legalization of fireworks in 2011. HB 5939 tightens the requirements for selling consumer-grade fireworks and for operating locations where they are sold.“These updates simply come down to curbing the use of fireworks at all hours of the night, and restoring more local control,” said Lilly, of Park Township. “I’ve heard many constituents that the discourteous discharging of fireworks during late hours of the night is a nuisance. Local governments know what’s best for their communities, and before this reform officials struggled to enforce sensible standards.”House Bill 5941 allows the governor, local fire marshals and the Department of Natural Resources to prohibit the use of consumer fireworks if weather conditions make the activity dangerous to people and property. Lilly’s plan is similar to local or regional burn bans during high winds or drought.“Fireworks can be dangerous to begin with, especially when the weather fails to cooperate, and we have to make sure safety measures are in place to ensure the well-being of all Michiganders,” Lilly said. “If it makes sense to restrict bonfires during drought in a certain community, then that community should be allowed to apply those same safety rules to fireworks.”Lilly noted that this reform was among his main legislative priorities since his election in 2016.“These revisions have been in the works since I first came to Lansing,” Lilly said. “At the end of the day, I am pleased with the bipartisan compromises that have been made here.”Both bills now move to the Senate for further consideration. Categories: Lilly Newslast_img read more

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Rep Wentworth People deserve complete transparency from state government

first_img Categories: Wentworth News 19Mar Rep. Wentworth: People deserve complete transparency from state government State Rep. Jason Wentworth today voted to approve a bipartisan plan to make state government more accountable to the people of Michigan.Wentworth, of Clare, said the House unanimously approved the multi-bill proposal.“Michigan families deserve a transparent and accessible government and that is what this package delivers,” Wentworth said. “There’s no room in an honest and efficient state government for backroom exemptions. I am proud to support this package, which eliminates those exemptions and represents a tremendous step forward for Michigan.”Michigan is one of just two states that still exempts its governor and the Legislature from open records laws. The bipartisan solution approved today would end these exemptions and increase transparency in state government.The proposal will subject the governor and lieutenant governor to the Freedom of Information Act (FOIA) and hold state representatives and senators to the same high standard by creating the Legislative Open Records Act (LORA).While LORA mirrors FOIA in many ways, there are protections to ensure that personal information in constituent inquiries is kept private. Other types of communications – including those lawmakers have with state departments and lobbyists – would not be exempt.The LORA plan also ensures residents have access to a fair and effective way to appeal improper denials and excessive fees.House Bills 4007-4013, 4015 and 4016 now advance to the Senate for consideration.last_img read more

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Rep Markkanen votes to lower car insurance rates for Michigan drivers

first_img State Rep. Greg Markkanen today voted to approve a landmark plan to fix Michigan’s broken car insurance system and reduce rates for drivers all across the state.Markkanen said the plan offers drivers personal injury coverage options, reins in medical costs and fights fraud – features designed to end Michigan’s long-standing tenure as the state with the highest car insurance rates in the nation.“Every single Michigan driver will see lower car insurance rates with this solution,” Markkanen, of Hancock, said after the vote. “I’m extremely pleased we were able to come together and deliver a plan that will finally rein in out-of-control premiums.”Michigan is the only state to mandate unlimited lifetime health care coverage through car insurance. The plan approved today allows people currently using the coverage to keep it, and those who want it in the future to continue buying it – while providing more affordable options.The plan:Guarantees lower personal injury protection rates for all Michigan drivers;Gives drivers a choice on car insurance policies;Stops potential price gouging on medical services for car accident victims;Combats fraudulent claims to help lower costs.The sweeping legislation now advances to the Senate for consideration.### Categories: Markkanen News 09May Rep. Markkanen votes to lower car insurance rates for Michigan driverslast_img read more

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Florida Ready to Adopt Sweeping Nonprofit Fundraising Reforms

first_imgShareTweetShareEmail0 Shares January 16, 2014; Bradenton HeraldFlorida Agriculture Commissioner Adam Putnam has proposed “a complete rewrite” of the state’s charity laws, aiming to increase oversight and transparency—a direct response to investigative reports published last year in the Tampa Bay Times.The Bradenton Herald quotes Putnam, whose duties include consumer protection, as saying that the changes “will help Floridians make more informed choices about the charities they patronize.” The paper says the proposed legislation will also give the state additional powers to regulate nonprofits and professional fundraisers.“We are introducing a complete rewrite of Florida’s charity laws so that Floridians will be protected from having their hard-earned money go to deceptive charities, and Florida will not be a safe haven for bad actors from other states,” Putnam told the Herald.The bill comes out of an investigative report entitled “America’s Worst Charities” by the Times and the Center for Investigative Reporting, which looked at thousands of charities that paid for-profit fundraisers, highlighting the “50 worst” that spent the most on such outside fundraising.In a textbook example of the critical importance of nonprofits engaging policy makers in order to protect their interests and those of the communities they serve, the Florida Nonprofit Alliance has endorsed the proposal after providing input.Current state law requires charities to register, but not much else; the Herald says that the proposed legislation is sweeping, and includes in its proposals:All charities will have to provide additional information, such as the names of their leaders, contact information and financial reports.The state’s Division of Consumer Services will create an interactive database on its website to list information about each nonprofit, including any violations of state law.Charities that fundraise more than $1 million a year will have to provide audited financial reports.Nonprofits that receive more than $1 million but spend less than 25 percent on programming will have additional disclosure requirements: employee salaries, fundraising expenses, and details of family relationships with any business partners.Non-profits that raise less than $25,000 a year, or have religious, education, or government exemptions, will have fewer requirements.The state will have the right to ban nonprofits from operating in Florida if they are found in violation of regulations in other states.Charities that emerge due to a natural disaster or tragedy and raise more than $100,000 will have to submit quarterly financial statements.There will be new oversight of professional fundraisers, with the same requirements now required of telemarketers—a licensing fee and fingerprints for background checks, with people convicted of theft or fraud barred from working as professional solicitors.The president of the United Way of Florida said he was glad to see the proposals to address conflicts of interest between some charities and professional fundraisers, as well as the huge uptick in fundraising that occurs whenever there is a disaster, while not creating “a bureaucratic challenge for legitimate charities.”The measure increases fines for violations of state regulations, and would take effect July 1st if approved by the legislature and governor. Many nonprofit leaders say they welcome the reforms as a necessary step to protect the integrity and credibility of the industry.—Larry Kaplan ShareTweetShareEmail0 Shareslast_img read more

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Affordable Housing Advocacy and the National Elections

first_imgShare18TweetShare11Email29 SharesAffordable Housing Protest Rally / Mark KlotzSeptember 27, 2016; Next CityFor months now, housing pundits have been bemoaning the lack of attention given by the presidential campaigns to the issue of rental affordability. While all across the country local news outlets are highlighting the impacts of the high cost of rental housing, Mr. Trump has been largely silent, and Secretary Clinton has adopted a “more of the same” platform.In “Trump and Clinton Debate Over Housing Is Critical to U.S. Cities,” Daniel J. McGraw takes up the argument again in the wake of the first presidential debate. Mr. McGraw suggests that the fuzziness of the housing issue keeps it from becoming mainstream.The problem is in figuring out how such blatant disregard for the important role housing plays in the economy and how the wealthy using tax loopholes puts an unfair burden on the middle class and the poor will play with voters. In fact, it could be argued that many Trump supporters think gaming the housing market for personal financial gain and not paying taxes is what one should aspire to. That’s why this race has been so hard to figure out.Maybe, but that’s not what the polls say. An Ipsos poll in May tells us that nearly six in ten Americans think housing affordability is an election year issue. Then, in June, CityLab reported “Harvard’s National Housing Report Has Bad News for Renters.”In an effort to put the message of affordability to the public, Right to the City staged a series of “Homes for All” demonstrations around the country last week. As in the past, there was some pretty good local coverage—in particular, the photo spread at Pennsylvania’s nonprofit news site Public Source. But there was scant attention from the national media.It’s easy to say that housing advocates have just been ineffective in communicating their message. One could argue that the gap between renters and elected officials is one of imagination. Renters don’t have firm demands and elected officials (or wannabes) don’t have policy solutions to offer. Still, there’s some reason to believe that advocates are breaking through below the platforms of the presidential aspirants.Three recent congressional hearings highlighted different aspects of the affordable housing story and raised the intriguing possibility of renewed interest in housing policy at the national level. On September 21st, the House Financial Services Subcommittee on Housing and Insurance held a hearing on “The Future of Housing in America: A Better Way to Increase Efficiencies for Housing Vouchers and Create Upward Economic Mobility.” On the same day, Senator Susan Collins (R-ME) chaired a Senate T-HUD subcommittee hearing entitled “Housing Vulnerable Families and Individuals: Is There a Better Way?” And on the next day, the Senate Banking Committee’s Subcommittee on Housing, Transportation, and Community Development held a hearing on “Oversight of the HUD Inspection Process,” chaired by Senator Tim Scott, (R-SC). Florida Senators Rubio, a Republican, and Graham, a Democrat, focused on HUD’s failure to enforce its own rules against privately owned properties with Section 8 Project-based Rental Assistance.Each hearing was led by a Republican chair but featured traditional Democratic issues: affordability, voucher mobility and troubled subsidized properties. Many of the participants in each hearing seemed to be striving to find some consensus rather than “scoring points” in what is, after all, a nearly lame duck session. Finally, none of the chairpersons claimed to have the perfect answer to the challenges, but rather invited a broad scope of opinions be taken into consideration. Reflecting on these hearings, a housing advocate told her peers that HUD witnesses and traditional “housing advocates” seemed “flat footed” in the face of this new Republican interest in housing programs.These hearings are not the only examples of Republican leaders’ renewed interest in economic justice issues. A story in Roll Call describes efforts by Senator Tim Scott (R-SC), who is actively seeking bipartisan support for efforts to address specific poverty initiatives. Nor is the idea of carving out a Republican role in addressing social needs just focused on specific programs. A Washington Post article suggests that think-tankers on the right are tackling economic inequality without demagoguery.While advocates focus on the silence from the presidential candidates, maybe the citizens’ messages are getting through to congressional Republicans and their advisers. Reflecting on two of these hearings, the National Housing Conference’s Rebekah King and Kaitlyn Snyder wrote:NHC welcomes this congressional interest. We are hopeful that this is the start of a more substantive discussion about how the affordable housing community can improve and innovate to serve more families as well as some recognition of the need for more federal resources to meet these challenges.Small step compromises are unlikely to be touted in party platforms or on the campaign trail, but they may provide a path out of ideological impasses to problems encountered by ordinary citizens. Perhaps Democrats need to test their willingness to accept more “market” regulations (what they would call “deregulation”) in exchange for expanded financial support to expand housing, community development and “poverty” programs. These are tough sells on both sides of the aisle. As Matthew Yglesias notes, congressional Republicans who lambasted the actions of Wells Fargo also want to shut down the work of the Consumer Financial Protection Bureau which uncovered the deplorable activities of the company. Contradictions like this exist on both sides of the aisle, but some “bridging” initiatives around voucher mobility, owner accountability, and administrative efficiency might pave the way for a broader consensus about government’s role in social provision.—Spencer WellsShare18TweetShare11Email29 Shareslast_img read more

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Diederik Karsten Cable operators will increasingly

first_imgDiederik KarstenCable operators will increasingly find it hard to compete if they don’t offer mobile services, according to Liberty Global executive Diederik Karsten.Speaking at Cable Congress in Amsterdam, Karsten, who is Liberty’s executive vice president of broadband operations, said that mobile now an incremental part of the firm’s service portfolio and “makes our product complete.”“I find it hard to name a market in Europe where a cable operator could be successful, continue their success over the next 10 years, [or] try to compete with a relatively strong incumbent, without a mobile product.”In 2012 Liberty Global signed Mobile Virtual Network Operator (MVNO) partnerships in six markets – Germany, the Netherlands, Belgium, Austria, Poland and Hungary.However, in general terms, Karsten admitted that the “jury is still out” on this model of licensing spectrum from another operator in order to offer mobile services.“If you look back at the MVNO model, some people say it has never proven itself. At the end of the day you always get into a margin squeeze between the operators and the exterior economics due to the managing of the network and the retail,” said Karsten.He added that mobile operators do not always welcome potential MVNO partners as friends. “It’s well known to all the others [within the mobile industry] that we can take quite a big chunk or revenue out in a period where revenue is eroding – that’s also a reason why we are being cautious.”Speaking on the same panel, titled Cable Challenges Across Europe, former Virgin Media executive and current executive chairman at Sweden’s Com Hem, Andrew Barron, said that mobile is “an absolutely fundamental piece over time of what we all will be doing.”However, he said that layering an MVNO offering on top of Com Hem’s existing services was not something it was pursuing as part of its current growth strategy.“If you don’t have mobile as a cable operator, it doesn’t make you a bad company. Com Hem doesn’t have mobile. Com Hem has huge growth opportunities, I believe, but mobile needn’t be the one we lead with,” said Barron.last_img read more

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Londonbased channel provider Al Araby Television

first_imgLondon-based channel provider Al Araby Television Network has launched an SD channel aimed at young people in the Arab-speaking world via Es’hailSat.Al-Araby TV in SD has begun broadcasting on the Es’hail 1 satellite, operated by Middle East satellite operator Es’hailSat, at the 25.5° East position covering the Middle East and North Africa.The channel offers a mix of news and general entertainment content and is down-converted from the HD transmission on Es’hail1.“In January 2015, Al Araby Television Network chose to launch its first channel on the Es’hail 1 satellite at the leading hotspot for TV content covering the MENA region.  We are delighted that once again Es’hail 1 has been selected by Al Araby for its expansion, further demonstrating the value of our broadcasting independence, quality of service, and our market penetration,” said Es’hailSat’s CEO, Ali Ahmed Al Kuwari.The Qatar-backed Al Araby Television Network group initially launched a news website, Al Araby Al Jadeed, last year before launching a news channel in January.last_img read more

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Digital video specialist Ostmodern has expanded in

first_imgDigital video specialist Ostmodern has expanded into the US with the launch of a New York office.The company said it will use the base to drive the growth of its video services in the region, with the move fuelled in part by the success of its Skylark video platform.Ostmodern’s chief technology officer, Richard Amos, will lead the New York office, with support from newly appointed commercial director, Stuart Ferreira-Cole.“Ostmodern has already established itself as an international player and we’ve had close ties with the US market for several years now,” said Amos.“The strength of our combined service and product offering, and the number of US-based clients we’re already working with, made opening an office in New York a logical next step in our plans for continued growth.”Ostmodern develops and designs video services for desktop, mobile, tablet and TV. Its past work includes creating the strategy, design and build for the BBC Store, helping to relaunch ProSieben’s Maxdome SVOD service, and redeveloping the ITV Player.last_img read more

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FIFA has announced plans to produce all 64 matches

first_imgFIFA has announced plans to produce all 64 matches of the 2018 Russian World Cup in Ultra High Definition (UHD) with High Dynamic Range (HDR) for the first time.FIFA said that another new feature for 2018 will allow fans to also follow the matches in virtual reality – both as a live experience and as 360° video-on-demand.In terms of TV coverage, each match will be covered using 37 cameras – including eight with UHD/HDR and 1080p/SDR dual output, another eight with 1080p/HDR and 1080p/SDR dual output, eight super-slow-motion and two ultra-motion cameras.“Thanks to a hybrid UHD/HDR/1080p setup multiple choice of video formats will be available (1080i, 1080p or UHD HDR) at the back of one single production chain,” said FIFA in a statement.“The use of progressive scanning as a baseline production format and HDR will guarantee improved image quality for all Media Rights Licensees, regardless of their delivery format.”last_img read more

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Emerging markets SVOD service Iflix is set to laun

first_imgEmerging markets SVOD service Iflix is set to launch a 24-hour news service in all 28 of its markets from early next month.Iflix News will aggregate live news streams, clips, and linear feeds from international, regional and local news authorities. Regional partners for the offering include CNN, Al Jazeera, DW, CGTN and CCTV 4.The news hub will also offer direct access to local linear news channels including: CNN in the Philippines; the Bernama News Channel, and KiniTV in Malaysia; Berita Satu and Kompas TV in Indonesia; Thairath TV and Spring News in Thailand; and Mizzima TV in Myanmar.Iflix co-founder and CEO Mark Britt said that the company is working to deliver “timely, comprehensive stories and current affairs” to its customers, adding that young viewers are keen to access “the stories and events that are shaping the world around them”.“We have invested significantly in the creation and development of our new 24-hour News Hub including editorial and curation teams and infrastructure, working in close partnership with international, regional and local content providers,” said Britt.“The launch of iflix News is a significant step forward in our commitment to provide customers with the broadest and most compelling selection of content available, which now includes live, linear and clipped news formats in multiple local languages, furthering iflix’s ambitions to becoming a truly ubiquitous service.”Iflix News is due to launch on September 3 and will be available in Malaysia, Indonesia, the Philippines, Thailand, Brunei, Sri Lanka, Pakistan, Myanmar, Vietnam, the Maldives, Kuwait, Bahrain, Saudi Arabia, Jordan, Iraq, Lebanon, Egypt, Sudan, Cambodia, Nigeria, Kenya, Ghana, Nepal, Bangladesh, Zimbabwe, Morocco, Tanzania and Uganda.last_img read more

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ShareTweet

first_imgShareTweet Martin Garrix will be headlining this year’s MTV Club event at Derry’s Ebrington SquareTHE line up for this summer’s Club MTV in Derry has been unveiled.Dutch DJ and global chart topper Martin Garrix will headline in what is now becoming an annual event.The huge gig will be take place on Saturday, September 10, at Ebrington Square. MTV Club have also secured Example with DJ Wire, as well as Coleraine-based DJ Junior J.The huge event in Derry’s dance calendar is expected to be a 12,000 ticket sell out as fans across the North of Ireland flock to snap up tickets.DJ and producer Junior J –  the 21-year-old son of Lush! DJ Col Hamilton – has been labelled as the North’s hottest new talent on the dance spinning scene.It is the third year in a row that MTV has come back to Derry. It put on the world wide success ‘MTV  Crashes Derry Event’ in 2014 which was a global hit.They channel followed that up last August with Club MTV which was a 13,o00 sell out.Tickets for this September’s event cost £24 plus booking.They will go on sale on Saturday, March 12 from Cool Discs, online at www.ticketmaster.ie and at Ticketmaster oulets.Tickets will also be for sale at the kiosk at Foyleside Shopping Centre.For more information on the MTV Club show check out the official Facebook page, www.facebook.com/Clubmtv2016.Derry and Strabane District Council Mayor Elisha McCallion is delighted that MTV are coming back to the city for a third successive year.“This is fantastic news for the city and district and such an exciting development for our young people.“Last year’s event proved a huge success for everyone involved and I am delighted that the event is returning and that we are putting our name on the map for hosting large scale outdoor music events.“The involvement of Legacy Promotions in this partnership with MTV is further evidence of the growing confidence of local businesses to build on the work that was done during our City of Culture year to bring about events that will enhance our offering not only for residents but also for tourists.“Ebrington Square is the ideal location to host such large scale events“I am confident this gig will be bigger and better than before and successful in attracting audiences from all over the island of Ireland and beyond,” added the Mayor.Music fans enjoying MTV Crashes Derry event at Ebrington Square in 2014.CLUB MTV LINE UP FOR DERRY REVEALED WITH MARTIN GARRIX AS EBRINGTON SQUARE HEADLINE ACT was last modified: March 4th, 2016 by John2John2 Tags: CLUB MTV LINE UP FOR DERRY REVEALED WITH MARTIN GARRIX AS EBRINGTON SQUARE HEADLINE ACTMARTIN GARRIXlast_img read more

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Never underestimate what these bullion bank crooks

first_imgNever underestimate what these bullion bank crooks can pull out of their bag of dirty tricks.With the dollar index spiking a bit over 15 basis points at the open on Sunday night, the gold price was under some selling pressure right from the 6:00 p.m. New York open.  The selling pressure continued in fits and starts until the absolute low of the day…$1,562.00 spot…which came at 8:45 a.m. in Comex trading in New York.The subsequent rally ran out of gas minutes after 12:00 o’clock noon…and the New York high turned out to be $1,581.50 spot.  Gold then traded sideways to down for the rest of the day.The price ended the Monday trading session at $1,576.70 spot…down $7.30 on the day.  Net volume was around 111,000 contracts.Silver’s price pattern, as per usual, was more ‘volatile’…and the selling pressure was even more intense in this metal than in gold…which is also ‘as per usual’.The low of the day [$26.59 spot] came at 8:35 a.m. in New York…and about ten minutes before gold’s low tick of the day.  Like gold, silver’s rally also topped out a few minutes after lunchtime began on the East Coast…and silver got sold off about two bits from its high tick of the day…which was $27.30 spot.Silver finished Monday at $27.06 spot…down 27 cents from Friday’s close.  Net volume was somewhere around 34,000 contracts.The dollar index didn’t put on much of a show yesterday.  Yes, it popped for about 15 basis points at the open on Sunday night…and then proceeded to trade almost flat right up until 12:05 p.m. in London…about an hour and fifteen minutes before the Comex open.The index then rallied about 30 basis points to its high of the day at 83.96…which came around 8:40 a.m. in New York.  After that, the dollar index got sold down over 30 basis points…and finished the Monday session around 83.70…and up only about 20 basis points from Friday’s close.It’s a real stretch to pin yesterday’s gold and silver’s price sell-off on such small changes in the dollar index…but if you prefer that as an explanation, please be my guest.  I’m also guessing the both gold and silver would have finished higher on the day if a not-for-profit seller hadn’t shown up at 12:05 p.m. in New York yesterday afternoon.  The reason I say that is because there was no such sell-off in platinum and palladium at that time.As you can tell from the HUI chart below, the gold stocks gapped down…and then stayed down.  Every little rally attempt got sold off immediately…even though gold was moving sharply higher from the open of the equity markets, right up until the high tick at 12:05 p.m. Eastern…an inflection point that’s apparent on the chart.As John Embry said in his King World News blog further down, it’s obvious that ‘the powers that be’ are actively suppressing precious metal share prices as well as the price of the metals.  The HUI finished down a chunky 2.56%.All the stocks that make up Nick Laird’s Silver Sentiment Index were hit pretty hard as well but, for whatever reason, Nick Laird didn’t update his SSI chart with yesterdays’ data, but just eye-balling the numbers, it’s a pretty good bet that it was down over 2 percent.It was another nothing day in the CME’s Daily Delivery Report, as only 4 silver contracts were posted for delivery on Wednesday.  The number of silver contracts still open in July is now down to 163 contracts.There were no reported changes in GLD yesterday…but an authorized participant added 387,831 troy ounces of silver to SLV.The U.S. Mint had another small sales report.  They sold 1,000 ounces of gold eagles…and 240,000 silver eagles.  It has been a quiet sales month over at the mint so far, but a back-of-the-envelope calculation shows that silver eagles are outselling gold eagles and gold buffaloes by a bit more than 73:1 up to this point in July.There wasn’t a heck of a lot of activity over at the Comex-approved depositories on Friday.  They didn’t report receiving any silver…and only shipped 85,010 ounces of the stuff out the door.  The link to what little action there was, is here.Since it’s Tuesday, I have three days worth of stories…and despite some brutal editing, I still have a lot of reading material.  I hope you can find the time to skim the ones that interest you.History shows that once an enormous debt has been incurred by a nation, there are only two ways to solve it: one is simply to declare bankruptcy – repudiate the debt. The other is to inflate the currency and thus to destroy the wealth of the ordinary citizen – Adam SmithThe tiny rally in the dollar index was a pretty tiny fig leaf to hide the moves that we saw in gold and silver yesterday.  I would bet that it was just JPMorgan et al with their high-frequency traders doing the dirty.With the world’s financial and monetary system in its current condition, the precious metal prices should be many, many multiples of what they are…but the world’s central bankers, led by the U.S., are making sure that this doesn’t happen…at least not at this point. It nearly got away from them last year…but we all know what happened starting on Sunday night May 1, 2011.Is there still room to the downside in all the precious metals?  I would thing there is, but it will take an engineered sell-off to make it happen, because the path of least resistance for gold and silver at the moment, is up.As you can see from the 3-year gold chart posted below, every attempt to break gold below the $1,520 spot price mark has failed so far, as there is a limit to the number of speculative longs that are prepared to sell their positions on lower prices…and once that point is reached, the price can go no lower.(Click on image to enlarge)The same can be said for silver as well, as the line in the sand appears to be around the $25.50 spot price mark.  Any move below that price will happen on very little net volume, as the silver market is more cleaned out now that at any time in the last ten years when silver was US$4 the ounce.  There is little blood left in the silver stone, as the law of diminishing returns is in play here…and it’s my opinion that all dips should be bought.(Click on image to enlarge)But never underestimate what these bullion bank crooks can pull out of their bag of dirty tricks. All we can do is wait it out and buy the dips as they are presented to us.  It was busy at my bullion dealer’s store yesterday with people doing precisely that.Very little happened price-wise in Far East trading during their Tuesday…and not much is happening now that London has been open a couple of hours.  Volume is very light in both metals…and the dollar index is comatose, so I wouldn’t read a thing into the current price action…or lack thereof.Before signing off, I’d like to point out the upcoming “Casey’s Fall Summit – Navigating the Politicized Economy”. It’s being held over three days…September 7-9th at the Park Hyatt Aviara Resort in Carlsbad, California.  It’s being co-sponsored by my good friend Eric Sprott…and it will be well worth attending…and like every other Casey Research summit, it will sell out quickly.  You can find out more by clicking here.See you on Wednesday. Breakthrough Fuel That Makes Oil Drilling ObsoleteAt least a half-dozen companies are working on this, right now!And within the next 10 years, you may never have to worry about the cost of gas.Click here to find out more! Sponsor Advertisementlast_img read more

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In an interview with ProactiveInvestors Chief Ene

first_imgIn an interview with ProactiveInvestors, Chief Energy Investment Strategist Marin Katusa provides a succinct overview of the short-term outlook for various energy sectors, plus how to evaluate specific companies. Economic and political winds have buffeted the energy sector lately. Is the US really poised to become energy independent? Is uranium on again, or off? How will North American oil sands production change the oil sector? It’s hard to know which will turn out to be the best energy plays of the year, but a savvy investor can position himself for maximum profits. Learn how here.last_img read more

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Cancer smart bombs set to make one tiny pharma c

first_img Cancer “smart bombs” set to make one tiny pharma company soar New cancer treatments have saved countless lives… and made billions for companies and their investors. This presentation reveals the tiny company set to become the next pharma giant thanks to their cancer “smart bombs.” Click here. By Porter Stansberry Editor’s note: Today, we need to share an urgent message with you from our longtime friend, Stansberry Research founder Porter Stansberry. If you’ve never heard of Porter, he’s known for doing some of the most significant work in the financial newsletter business. What you’re about to read is deeply troubling—and there’s a good chance you won’t believe it. (Even Porter admits he thought it was another conspiracy theory at first.) But the fact is, right now, a secret civil war is being waged in Washington D.C. Porter just received the terrifying details from one of his confidential sources—the “Metropolitan Man.” This man is one of the most powerful and connected men in the world… He pulls all the levers of power in Washington—completely behind closed doors. Here’s what you need to know… Today, an emerging story about the secret civil war being waged right now in Washington D.C… It is about to have a HUGE impact on our country. Two warnings before we begin… First, what I know so far is deeply troubling. We’re approaching what will be the most dangerous period in our country’s political history since the Great Depression. What could happen next scares me. But I continue to be optimistic that what will unfold will be great for our country. Also, I’m certain that you simply won’t believe much of what you’ll read in today’s essay. In fact, until I did my own follow-up research to verify what I could from my sources, I disregarded this story as “political nonsense” or just another D.C. conspiracy theory. Besides… it was all too horrible to believe. But then… almost everything my sources told me would happen started happening… • Let’s begin here… Did you know the U.S. government has a secrecy designation so restricted that virtually nobody – not even lifetime members of the intelligence community – even knows what it’s called? It’s not “TOP SECRET.” It’s way beyond that level. In late 2009, President Obama created this new level of secrecy inside our government with an executive order (No. 13526) – so Congress never approved it. Administered by the CIA, this new level of secrecy has created a covert government-within-the-government that almost nobody knows and absolutely nobody is monitoring. If you’ve ever heard the term the “Deep State” – the secret government-within-the-government that actually holds power – then you know why a level of secrecy beyond “top secret” is so important. This new, more restricted level of secrecy was created so that the most powerful leaders of our government could communicate in total isolation. This level of secrecy is such a closely guarded secret that the name of the program itself is classified – and divulging the name is a crime, punishable by at least 10 years in a secret prison. So this level of security clearance is known only as “codeword.” • At the highest levels of our D.C. government, only two dozen or so people have codeword clearances… I learned about this earlier this month. I was invited to lunch with someone who has held that level of security clearance. He told me about the existence of the codeword-level program. This isn’t a rumor. It’s a fact. For the last 30-plus years, my source has worked for and around the highest levels of our government. He is currently regarded as the president’s most likely choice to become our next Federal Reserve chairman. Today, however, his clients include the world’s top hedge fund managers and the leaders of America’s biggest corporations. He is, in short, America’s corporate representative of the Deep State. We call him the “Metropolitan Man.” We met about a year ago. He reached out to me through a mutual friend – one of the best, young hedge fund managers in New York. He asked me to join him for dinner at the Metropolitan Club in New York, one of the most elite clubs in the United States. (Legendary banker J.P. Morgan founded the club. It’s where billionaire investor Warren Buffett held his 50th birthday party. And it sits at the southeast corner of Central Park, across from The Plaza Hotel, with a great vista of Columbus Circle.) At the time, the Metropolitan Man was forecasting correctly that the world’s central bankers and their negative-interest-rate policy were failing… and that they would soon trigger a global run out of paper money and into gold. Over the next several months, gold and gold stocks soared (as you may remember). — 4 Fed Banks, former US Treasury Secretary—Prepare for Currency change 4 Federal Reserve banks… multi-billion-dollar venture capitalists… a former U.S. Treasury Secretary… and dozens of major corporations… Are all preparing for a major shift in the way Americans use and store currency. For investors, this shift may be the biggest moneymaking opportunity you see in your lifetime. We’ve already seen record-breaking returns like: 1,442% in 5 months 47,798% in 3 months 503% in 30 days 850% in 1 ½ months 1,696% in 10 days The Economist calls this “one of the world’s hottest investments.” Our colleague, Tom Dyson, has put together a presentation documenting a key investigation into this currency development. Recommended Links – • A few days ago, the Metropolitan Man asked to see me again… He wanted to talk about something he had never seen before in all his years working in the government. For the first time ever, a codeword-level secret was leaked to the press. Nothing this sensitive has ever been leaked before – ever. Among senior leaders in D.C., it is widely believed that the director of the CIA himself was responsible for the codeword leak. And the rumor is that this information was then passed to the press through New York Senator Chuck Schumer’s office. What was leaked? A codeword secret briefing the CIA produced about a meeting in Trump Tower last December between a Russian ambassador and two senior Trump administration officials – Jared Kushner and Michael Flynn. When Flynn lied about the meeting to the White House staff, he was fired. But the deeper question is: How did the CIA know about the meeting? How did it know how long the meeting lasted? How did it know exactly what was discussed? And how did that information end up in the hands of a New York Times reporter? This backstory explains how Trump knows the CIA was spying on Trump Tower. And the counternarratives – Trump’s claim that Obama was spying on him and the Democrats’ claim that Trump is in league with Russia – are the beginning of a serious war. A civil war inside the Deep State itself. • Reading the newspapers won’t explain how this war is being fought… They will never publish a clear explanation of the battle lines – or even who is fighting or why. But the outcome of these battles is likely to determine the fate of our economy for the next several decades. Let me explain why… and tell you what this fight is really about… For the last 40 or so years, the U.S. economy has been built around a model that created vast power in D.C. The model has a few important components. First, we have a highly “progressive” income tax. That ensures that anyone who makes high wages will pay for the lion’s share of the government’s expenses. Without extremely progressive income tax rates – where about half the country pays nothing and the top 10% pay for roughly 80% – the electorate would never continue to vote for more and more government. But it does, mostly because it doesn’t have to pay for it. Second, the government has an incredibly powerful regulatory regime in place. This allows D.C. to essentially control vast segments of our economy. Take Wall Street, for example. Who gets to sell a bond or a stock to the public? Nobody the Securities and Exchange Commission doesn’t like (i.e. yours truly). This power results in tremendous amounts of “tribute” – legal fees, fines, and hidden lobbying that flows into D.C. and feeds its economic ecosystem. And finally… there’s the North American Free Trade Agreement (NAFTA) and “free” trade. Our country has the ability to export all of the inflation generated by our central bank. This has led to decades of lower and lower interest rates and the government’s ability to borrow essentially endless amounts of money without any serious inflationary consequences. These three components form the foundations of Washington’s power. Attack any of them and you risk a huge fight with the Deep State. What Trump is doing right now via his border adjustment tax, additional tax reform, and regulatory rollback is targeting all three of them at the same time. If he wins, all of the power that has been consolidated in D.C. over the past 40 years will evaporate. • Trump has put a metaphorical gun to the head of the Deep State… And now, the Deep State is fighting back, tooth and nail, to protect the system it has built. Look at what has happened to the middle class in America over the last 40 years. Did NAFTA prevent price inflation by allowing America’s consumer economy the luxury of accessing the world’s cheapest labor? Yes, it did. But the flip side was devastating to the entire manufacturing industry in the U.S. And where did the resulting wealth flow? To D.C. and to the top 1% of America’s wealthiest people who were able to access foreign markets and shield the resulting income from America’s tax system. Meanwhile, America remains the only industrial country in the world with global income taxation (you have to pay federal income tax, no matter where you live) and without a value-added tax. In short, we’ve chosen a system that punishes wage earners, while rewarding individuals and corporations who use overseas labor. The result has been a decline in real, after-tax wages over the last 40 years. That’s a recipe to destroy the middle class – and that’s what has happened. Trump’s plan to effectively lower income taxes to 25% and implement a value-added tax to discourage foreign production of U.S. products will turn this entire economic structure on its ear and disenfranchise the Deep State that controls it. The winners will be the middle class, small-business owners, wage earners, and America’s manufacturing base. The losers? Those who have invested heavily in the current Deep State regime. • Why is this scary? Well, unlike the health reform issue, the Metropolitan Man assured me that Trump’s tax-reform agenda would certainly pass. “It’s a done deal,” he said. He told me that his job lately “has been to help major corporations understand what will be in the new laws and how they will impact various markets.” That means the Deep State has been pushed into a corner. What it might do next, no one knows. “That it would leak a codeword secret… Well, I would have told you that couldn’t happen. I’ve never seen it before, not in more than 30 years in D.C. It’s scary because if it’ll do that, it’ll do anything. Stage a terrorist attack? Start a war with China? Nothing is impossible anymore.” That’s the downside. The next several months could see our government erupt into open civil war. The FBI accusing the president of treason… The president accusing a director of the CIA of breaking the law and having him arrested. Who knows where this will lead? On the other hand, assuming the government doesn’t collapse into a civil war, Trump’s new economic model will become a reality before the end of the year. For some industries (and for most Americans) these changes will bring massive prosperity. And for others – especially for companies and individuals who have been living at the government trough, tough times are looming. • Here’s the best part… I believe these coming changes are so important and could lead to so much wealth creation that I’ve convinced the Metropolitan Man to come forward. We will hold a meeting with him, at our offices in Baltimore, on April 5, 2017. The meeting with start at 8 p.m. Eastern Time. It will last approximately two hours. Security will be very tight, so plan to arrive early. Everyone will be searched. At this meeting, the Metropolitan Man will “take off his mask” and tell you about his role in the Deep State. He’ll explain the importance of the codeword-secret leak. And he’ll discuss what the new Trump economic model will mean for various industries and parts of our country. He’ll also explain how he knows the tax reform/border adjustment laws are certain to pass Congress and what those policies will mean for our country. If you’d like to attend the meeting via a live conference call, you can listen for only $19.95. Yes, that’s right. $19.95. This is easily the most important and valuable meeting I’ve ever arranged. It has taken more than a decade of work to gain access to information like this… And I want you to benefit from the incredible access we’ve gained. For successful investors and wealthy business leaders, meeting the Metropolitan Man in person and having the opportunity to ask him questions is invaluable. His normal consulting fee is $250,000. So I believe there’s tremendous value at both price points. But no matter how you plan to attend, please do whatever you must to be at this meeting. There isn’t a more important event you could attend this year.  Sign up here. Regards, Porter Stansberrylast_img read more

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This Tiny Company Wants to Kill Your Cable Company

first_imgThis Tiny Company Wants to Kill Your Cable Company (And Save You $19,494)In a landmark ruling, the International Telecommunication Union handed a tiny startup exclusive global rights to distribute what Bloomberg is calling “internet delivered from the heavens.” It will be fast… it will be everywhere… and it could cost 1/8 what you’re paying right now. Cable internet providers are fuming, because insiders are calling this the end of the line for “America’s Most Hated Companies.” Untold amounts of money could be made as this massive shift takes place. And one opportunity will strike as soon as September 22. By Justin Spittler, editor, Casey Daily DispatchInvestors hate gold.Sentiment’s so bad that The Vanguard Group—one of the world’s biggest money managers—is overhauling its gold fund. Not only that, speculators are shorting (betting against) gold more aggressively than ever before. Regular readers know what I’m talking about. I laid this all out in the August 28 Dispatch.I need to repeat a critical point of that essay. This sort of bad press sends investors running for the hills. And it keeps other investors from wanting anything to do with that asset.But not us.• We’re contrarians here at Casey Research…We like to buy assets other investors are too scared to go near. That’s how Doug Casey made his fortune… and has made many other investors rich along the way.That said, we’re not gamblers. We only make bets when the odds are stacked in our favor.And one way we do this is by waiting for not just one buy signal… but several.And we have that with gold right now, despite all the bad press that’s out there.Today, I will tell you one of the biggest reasons to be bullish on the yellow metal… and how to play the coming rally.You see, I’m not the only Casey analyst who sees a big-time contrarian opportunity shaping up in the gold market. To learn how to get in on the ground floor, click here Recommended Link Click here to discover how you can be paid “Bailout Compensation Checks” • International Speculator editor Dave Forest thinks we’re on the verge of an explosive gold rally… Now, people make calls like this all the time. Often, it’s just noise. And you should tune it out.But this isn’t one of those times.You see, Dave is our in-house commodities expert. He has more than 20 years of field experience in the mining industry. He’s also founded his own mineral exploration and development companies… and raised over $80 million in capital from some of the most well-known resource investors in North America.In short, Dave is a true industry insider. And he sees something that the average investor is completely unaware of.• Dave says insider deals are running hot in the gold sector… He wrote in the latest issue of International Speculator:One private company I know just raised $8 million for a slate of gold projects in Africa. The assets are in the exploration stage, and the company isn’t trading yet.Seeing that kind of enthusiasm amongst the industry’s inner circle—at a time when general sentiment is so low—is a critical sign.Of course, that’s just one example. But Dave says there are a lot of deals like this happening behind the scenes.This tells us that the real “smart money” hasn’t thrown in the towel on gold like the typical investor.And that’s yet another reason for contrarians to be bullish on gold. But get this… — Media Silent on Trump’s $195 Billion “Comp Check” PayoutThe major news media isn’t reporting on what we call “Bailout Compensation Checks.” That’s because they don’t want President Trump to get credit for some Americans receiving anywhere from a few hundred dollars to as much as $8,979 per check. This is due to the 2008 bank bailout scandal, which Capitol Hill just remedied with law S.2155. It’s caused a domino effect in the markets – one that could mean thousands for investors. How long this will last is not clear. Act now for your chance at this payout… Recommended Link — • Dave isn’t just seeing this happen with gold… Here he is again:Just last month, we saw major Coeur Mining buy junior Nevada gold developer Northern Empire Resources for C$117 million. And in June, Dalradian Resources (DNA.TO) was targeted for a $537 million buyout.These are big-time deals.• Not only that, this could point to a big-time rally in commodities…To understand why, look at the chart below. It shows “money flows” into the mining sector going back to 1990.The blue bars represent the total amount of cash that flowed into mining investments each year—through equity financings as well as industry mergers and acquisitions.The orange line shows the CRB index, a benchmark for measuring commodity price movement.You can see that money flows picked up during 2001 and 2002. Cash started pouring back into mining companies, even as the commodities markets were falling.For two years, insiders increased their purchases of mining investments. Then, commodities markets came roaring back to life in 2003. By 2008, the CRB index was up 250% from its 2002 low.• We’re looking at a very similar situation today… You can see money inflows fell steadily between 2011 and 2015. But the trend reversed in 2016 when cash inflows picked up for the first time in years. In 2017, money flows held steady. And now, based on what we’ve seen so far, it looks like money flows will tick higher in 2018.If that happens, Dave says commodities prices should head much higher, too. He’s so confident of this that he believes “the strongest commodities bull market of all time” has begun.To take advantage of this big opportunity, we recommend betting on gold mining stocks. The easiest way to do this is with a fund like the VanEck Vectors Gold Miners ETF (GDX).For other ways to play the coming commodities boom, I suggest you read some of Dave’s recent essays on this topic. Here are three good places to start…Now’s the Time to Buy Elon Musk’s Favorite MetalBuy This “Strategic Metal” to Profit From the Electric Vehicle RevolutionRevealed: Silicon Valley’s Plan to Transform the Mining IndustryRegards,Justin Spittler Budapest, Hungary September 5, 2018P.S. And make sure to check out Dave’s brand-new video presentation right here to learn about another major story he uncovered…In short, President Trump just quietly signed what may go down in the history books as his most significant executive order. The ultimate goal? To identify and unlock over 1 million tonnes of a new “super-fuel” on U.S. soil.It’s called “Brandt Oil,” and it’s quickly becoming the new oil standard. And it’s opening up an opportunity to bring incredible wealth to you and your family—but only if you get in at the ground floor stage we’re at now. Click here to get all the details.Reader MailbagToday, a question from one of our readers…Dear Casey team, is there any chance that we can expect some attention for the uranium market? Looking forward to your reaction. – PaulJustin’s Reply: Thanks for writing in, Paul. We’ve been covering the opportunity in uranium stocks throughout the year. Make sure to catch up on our recent essays here:Why This “Bad News” Could Cause Uranium Stocks to Soar You Can’t Afford to Ignore This $170 Million Uranium DealHow Trump Could Spark the Next “Rip Your Face Off” Rally We also will be featuring an exclusive interview on uranium with Doug Casey, Nick Giambruno, and Rick Rule in the coming weeks. Stay tuned…Also, if you’re itching to ask your favorite Casey experts a question, sign up for the first-ever Legacy Investment Summit in Bermuda.There, you’ll have the chance to ask all your most pressing questions in person—it’s an opportunity you won’t get anywhere else.In Case You Missed It…Have you seen these strange-looking metal poles in your city?Most people have no idea what they’re for. But in just a few short years, these towers could completely upend the entire $479 billion smartphone industry… and make well-positioned investors rich.last_img read more