Click here if you are having trouble viewing the slideshow on a mobile device.ST. LOUIS — It didn’t take long for the Giants’ vision of a miracle run to the postseason to blur.With a 1-6 homestand against a pair of division foes, the Diamondbacks and Padres, the Giants turned from a team that saw a path to a Wild Card spot into a club that needs binoculars to keep the National League’s playoff contenders within their line of vision.The Giants came face-to-face with the first-place St. …
23 June 2014For South Africa to prosper and create jobs, it is crucial for the private sector to start investing more in the economy, says Deputy President Cyril Ramaphosa.Speaking during a post-State of the Nation address interview with the SABC at the public broadcaster’s studios in Cape Town on Sunday, Ramaphosa said the government would do all it could to support big business by removing obstacles to doing business in the country.These included energy constraints and bureaucratic red tape, which business people had identified as hindering business development.Ramaphosa said South Africa’s energy constraints affected all role players in the economy, “and particularly business, or the private sector, that accounts for 70% of employment in our country. For as long as energy is constrained, we are not able to build the factories, to do all that we are willing to do.”In his State of the Nation Address last Tuesday, President Jacob Zuma identified the current low level of investment by the private sector as a key factor holding back the growth of the economy.“We are determined to work with the private sector to remove obstacles to investment,” Zuma said, adding: “We would like to see the private sector showing as much confidence in the economy as the public sector.”Ramaphosa said that what the President was saying was that “there has been an assertion that the private sector, at some stage, has gone on strike as far as investing further in our economy.“What he was essentially doing was making a call on the private sector, that we as government are showing enormous confidence in the economy of our country. We would like you to do likewise and invest in the economy.”Overcoming the ‘trust deficit’The Deputy President said it was important for the government and business to sit around one table on a regular basis in order to eliminate the “trust deficit” that had grown between the two.Last week, Zuma said he would soon convene the next meeting of the Presidential Business Working Group, adding that after the first meeting, held last year, “six work streams were established, and these have been discussing solutions to various obstacles to doing business in South Africa.”The issues had also been raised by company CEOs during three working sessions he had hosted in November and December, Zuma said.Ramaphosa said these meetings needed to continue, as one could never have enough engagements. “Relationships between people, organisations and countries are by their very nature fluid. They are not static, they are never written in stone.“So people need to meet continuously to renew their relationships, to look at agreements that they have arrived at to see whether those are still relevant, given the changing environment in which we live.“When the President says he wants to have a further meeting, we should not pour cold water on that initiative. We should see it as continued progress, because what it means is that people are engaging.”Source: SAnews.gov.za
A vehicle is stuck on a road at Gopalpur, Odisha. The Regional Integrated Multi-Hazard Early Warning System (RIMES) for Africa and Asia, a 45-nation international organisation on disaster warning, has termed ‘Titli’, the severe cyclonic storm that devastated Odisha in October, as ‘rarest cyclone’.“More than 200 years of cyclone track history in the Odisha coast reveals that the Titli cyclone is the rarest of rare in terms of its characteristics such as recurvature after landfall and retaining its destructive potential after landfall and recurvature away from the coastal areas for more than two days,” says RIMES in its latest report.Also Read A fisherman caught in the wind and rain as cyclone Titli makes landfall near Gopalpur coast. Cyclone Titli leaves behind a trail of misery in Odisha Fishermen take shelter near Gopalpur coast of Bay of Bengal Sea in Ganjam district of Odisha, 170 km away from Bhubaneswar. The UN-registered organisation said: “Considering the history of cyclone tracks, no synthetic track projection captures the Titli type of cyclones. The forecast information available lacks actionable early warning information such as no indication of occurrence of secondary hazards, including landslides far away from the coasts.”The severe cyclonic storm left more than 60 people dead, mainly due to land slide in interior Gajapati district. Odisha, which takes immense pride in disaster preparedness, was confounded in the wake of the damage to both life and property caused by Titli in interior districts.Earlier, India Meteorological Department had called the formation of Titli as a ‘rarest of rare’ occurrence. The severe cyclone had changed its path after landfall. A water-logged road in Aska town in Ganjam district of Odisha. Flood affected area of Aska town is seen from a Navy helicopter deployed for relief work in Ganjam district of Odisha. According to RIMES, the Odisha State Disaster Management Authority faced challenges in anticipating and managing Titli’s impact due to lack of impact-based actionable early warning information and prior experience not only in India but also elsewhere.“The OSDMA, by learning the lessons from Titli cyclone, could evolve measures to minimise impacts in both coastal and non-coastal regions more effectively in future,” it said.The international body said: “The State government actions linked to the cyclone-risk management are also heavily focused on the coastal areas where cyclones cross at their peak intensities. Therefore, coastal areas now have been largely well managed through evacuations and other protocols, leading to zero casualties in these areas.”“The highest number of casualties occurred in a village called Baraghara in Gajapati district due to landslides. People did not evacuate, as the risk is unknown and also not expected. There was no pin-pointed forecast available what will happen where,” it said.The RIMES has recommended that a detailed risk assessment has to be carried out for Odisha to understand the risks in the light of the Titli devastation. A man runs on the Arjipalli beach, Ganjam district. A water-logged road in Aska town in Ganjam district of Odisha. Rain and strong winds caused by the cyclonic storm named Titli, meaning butterfly, near Ganjam district. Rain and strong winds caused by the cyclonic storm named Titli, meaning butterfly, near Ganjam district. Fishermen take shelter near Gopalpur coast of Bay of Bengal Sea in Ganjam district of Odisha, 170 km away from Bhubaneswar. Fishermen leave the beach as Titli lands from the Bay of Bengal. A fisherman caught in the wind and rain as cyclone Titli makes landfall near Gopalpur coast. A vehicle is stuck on a road at Gopalpur, Odisha. A water-logged road in Aska town in Ganjam district of Odisha. Fishermen leave the beach as Titli lands from the Bay of Bengal. Flood affected area of Aska town is seen from a Navy helicopter deployed for relief work in Ganjam district of Odisha. A man runs on the Arjipalli beach, Ganjam district.
zoomIllustration. Image Courtesy: Pexels under CC0 Creative Commons license The tanker market has been in the doldrums for some time now, and times have been extremely tough for the crude carriers.However, industry major DHT Holdings expects the times to take a turn for the better due to four key reasons.Firstly, global demand looks healthy and steady with 1.3 million barrels per day expected for the remainder of the year and 1.2 million barrels per day for 2019, DHT’s Co-CEO, Svein Moxnes Harfjeld, explains.The second reason is the inventory drawdown gain in the second half and likely in the last quarter.On the supply side, fleet growth has been negative year-to-date, possibly in the amount of 10 VLCCs.And finally, the orderbook stands at 14 percent of the total fleet, and this should be compared to 24 pct of the fleet in excess of 15 years of age, Harfjeld adds.Speaking on the geopolitical situation and tensions between China and the United States and their potential impact on the freight markets, Harfjeld said that some 375,000 barrels per day of U.S. shale might be lost from this trade.“Whereas this sounds as a negative, we see signs of the North Sea and South America stepping into fill the void, and these trades are also VLCC trades,” he added.As these trades are of similar length as the U.S. export trades, the impact on VLCCs is predicted to be neutral.The U.S. has made a stronger grasp of other markets such as South Korea, with refiners increasing import of U.S. shale that has resulted in 4 to 5 VLCC cargoes per month. India is also increasing U.S. shale purchases, reported to be about 10 million barrels for August.What is more, the U.S. shale could also divert sales to Europe to partly replace loss of Iranian barrels and likely in smaller ships.“And China is expanding its refining capacity this year and a total of 1.2 million barrels per day of new capacity is due to come on stream later this year. Combined with the domestic production in decline, we expect imports to bounce back once the maintenance season ends later this quarter,” he pointed out.“And lastly, there has been further consolidation in the freight markets. And we welcome stronger and well behaved players.”DHT Holdings reported a net loss for the second quarter of 2018 worth USD 28.2 million and a net loss of USD 37.4 million for the first half of the year.In August, the company entered into 5-year interest rate swaps with Nordea totaling USD 168.8 million with an average fixed rate of 3.01 pct – as compared to current 3m Libor of about 2.34 pct. USD 168.8 million equals 22 pct of total outstanding bank mortgage debt.
AARP Foundation has announced the esteemed members of the host committee for the AARP The Magazine’s 15th annual Movies for Grownups Gala.The 2016 host committee will be co-chaired by Rob Friedman and Sherry Lansing. Committee members include Ed Asner, June Squibb, Ed Begley Jr., Jeff Bridges, Blythe Danner, Robert Forster, Sid and Nancy Hult Ganis, Ken Scherer and Jane Seymour.“I would like to express my deepest gratitude to our Movies for Grownups Gala host committee members for their support of this event,” said Lisa Marsh Ryerson, AARP Foundation president. “There are millions of vulnerable adults 50 and older facing housing, hunger, income and isolation challenges. This important event will help draw attention to these issues and create new opportunities for struggling seniors.”The annual awards gala supports AARP’s charitable affiliate, AARP Foundation, which helps struggling people 50 and older in Los Angeles and around the country transform their lives through programs that focus on functional and affordable housing, adequate and nutritious food, steady income, and strong and sustaining social bonds. AARP Foundation serves more than three million low-income seniors every year.AARP The Magazine will host the 15th annual Movies for Grownups Gala on Monday, February 8, 2016, at the Beverly Wilshire in Los Angeles. Several awards will be presented, including best actor, best actress and best director. Chase Card Services will be the Premier sponsor of the event.“Chase is a proud supporter of AARP Foundation’s hunger programs and we are excited to come together on this event to highlight the importance of addressing senior hunger as a basic health issue,” said Richard Quigley, president of Chase’s partner card business. The event aligns with Chase’s commitment to donate up to $1.1 million to AARP Foundation in 2016 through a cause-marketing campaign with the AARP Credit Card from Chase.For more information, click here.
The Navy has again delayed its completion of critical work on the new aircraft carrier the USS Gerald R. Ford, Breaking Defense reported Tuesday.James Geurts, Navy acquisitions secretary, announced the delay, saying the primary issue is its new weapons elevators which are magnet-driven rather than by cables on Nimitz-class carriers. The new elevators can lift thousands of pounds of munitions to the deck more quickly than older carriers.The carrier is billions over budget and months overdue.Two of the carrier’s 11 elevators are currently operational as the ship remains on track for going to sea in October while work on the inoperable elevators continues. It had been slated to sail in July, but that was postponed when it became clear the elevators would not operate.The new elevators are a leap in technology. The Nimitz-class elevators move 10,500 pounds at 100 feet per minute while the Ford-class elevators lift 20,000 pounds at 150 feet per minute.Photo by Mass Communication Specialist Seaman Marissa Bacon ADC AUTHOR
Tags Now playing: Watch this: This minivan driver just met the MIC. The initial impact on its side of the highway sets it up for the second impact, with you. NHTSA Somewhere between 25% and 40% of all car crashes aren’t one crash, but several. Your current car probably isn’t smart enough to figure that out, but your next one might be. Cooley On Cars New tech braces you for the dirty little secret of car… More From Roadshow 2019 Volvo S60 review: More competitive than ever Share your voice 2 2:59 Meet the MICMultiple Impact Crashes (MICs) happen when your car has one impact and then hits another car, a stationary object or flips on its roof. The most common is, of course, the rear-end collision that results in another one, but the combinations are endless and impossible to anticipate in all those crash-test videos you’ve watched with morbid curiosity.A 2018 study of crash data by ProBiomechanics and Ford safety guru Henry Scott found that two-impact crashes account for 20% of all collisions but also 30% of all severe injury incidents. It’s even more stark for three-impact crashes. They account for just 5% of all collisions but 13% result in severe injury. Helpless airbagsOne problem is that your car’s airbag control module (ACM) can get confused by multiple impacts that happen literally in the blink of an eye. The ACM may fire the airbags too early, too late or not at all. Hyundai appears to be the first carmaker to develop an ACM that can roll with the punches, calculating force, angles, and position of occupants in real time to fire airbags optimally in the fray.The deadly driftYour first impact may be fairly benign but if it sends you drifting into the path of an oncoming car it gets malignant, and fast. Ford and Continental have developed new post-crash braking tech that prevents the deadly drift by detecting the immediate aftermath of a collision and applying the brakes for a brief time. That stops your ricochet, but doesn’t render the car immovable for emergency responders. It debuted standard on the 2019 Ford Edge.Brace yourselfThe first car I reviewed that knew how to brace itself for impact was the 2016 Volvo XC90. It gets on the brakes when it can tell you’re about to get rear-ended at a stop. That helps transfer crash energy into the car rather than your neck while also reducing the chance and degree of a secondary impact. Mercedes Pre-Safe Plus package does something similar.Volvo is one of the carmakers that has rear-crash sensing tech to apply the brakes when you’re about to get rear-ended, diverting some of the impact away from your car getting launched. Volvo Even without the latest car, you can replicate some of these benefits for free with good driving technique:Wheels straightWhen waiting to turn left at an intersection, don’t pre-cock your wheels in that direction. Keep them straight until you actually start your turn. If you do get rear-ended, you are less likely to be propelled into oncoming traffic.Brakes onResist the temptation to let off your brakes and shift into neutral at a long stop. Applied brakes and engaged gears create some useful opposition to the force of being hit. Tight handling and new electronics make the 2016 Honda Civic a star compact 2018 Volvo XC60 T8: More hustle from a hybrid Comments Roadshow Hyundai Mercedes-Benz Volvo
New details trickled out about the layoffs across BuzzFeed’s news division Friday, and the picture hasn’t been pretty: The publication’s entire national news desk has been laid off, as has almost the entire national security team, according to a source close to the company as well as tweets from affected writers and editors. ×Actors Reveal Their Favorite Disney PrincessesSeveral actors, like Daisy Ridley, Awkwafina, Jeff Goldblum and Gina Rodriguez, reveal their favorite Disney princesses. Rapunzel, Mulan, Ariel,Tiana, Sleeping Beauty and Jasmine all got some love from the Disney stars.More VideosVolume 0%Press shift question mark to access a list of keyboard shortcutsKeyboard Shortcutsplay/pauseincrease volumedecrease volumeseek forwardsseek backwardstoggle captionstoggle fullscreenmute/unmuteseek to %SPACE↑↓→←cfm0-9Next UpJennifer Lopez Shares How She Became a Mogul04:350.5x1x1.25×1.5x2xLive00:0002:1502:15 However, some questioned Friday whether the company was really focusing on “content that is working” with these layoffs. BuzzFeed’s national news and national security teams broke some major stories on the Trump administration, Russia’s use of social media to shift public opinions in the United States, and other important subjects. Popular on Variety Layoffs are often baffling but the choice to close the entire national desk at Buzzfeed is very baffling to me. Some of the best and most distinctive stuff came out of there.— Elise Foley (@elisefoley) January 25, 2019BuzzFeed wasn’t the only news organization affected by layoffs this week. The Huffington Post also laid off a number of writers Thursday, one day after corporate parent Verizon had announced plans to lay off 800 in its media division. Gannett, owner of newspapers like the Arizona Republic and the Knoxville News Sentinel, laid off writers across the country. And digital sports publication the Player’s Tribune reportedly laid off 12-15 staffers. BuzzFeed also closed its international office in Spain, and may hand down further layoffs to writers in the U.K. on Monday. There were also reports of layoffs affecting the BuzzFeed News art department and other parts of the newsroom. Other departments within the company are scheduled to hear about layoffs early next week.BuzzFeed announced Thursday that it was going to lay off 15% of its workforce across the company, or around 220 staffers of its total workforce of close to 1,500. A BuzzFeed spokesperson didn’t immediately respond to a question about the number of staffers laid off in the news division Friday.CEO Jonah Peretti painted the layoffs as a necessary step to “focus on content that is working” in a company-wide memo. Peretti went on to say that “the restructuring (…) will reduce our costs and improve our operating model so we can thrive and control our own destiny, without ever needing to raise funding again.”
Two diametrically opposite places – ancient Odisha and Egypt – gave Anupama Dayal the idea behind her collection that saw a mix and match between the two places. So her ensembles were called Giza dress [a halter necked long wrap dress with little colourful wheels], Cuttack tunic [a scarlet Dupion fitted dress with side slits and ikkat prints], Ra dress [long silk dress] and Jagannath sari [a graphic black and white printed red chanderi sari with choli].