Share Posted by << Previous PostNext Post >> TORONTO — When Philip Rose took over as Regional Director, Canada for the Jamaica Tourist Board seven years ago, he came here from the U.S. “and I had all my big ideas. I quickly learned that Canada is a very unique market with nuances that cannot be overlooked.”Rose is leaving the JTB’s Canadian office for a new post with the tourism board, an appointment he says he’ll be able to announce in the next couple of weeks. He starts his new role in the new year, and meanwhile a new Regional Director will be announced for the Canadian market.Does Rose have any advice for the incoming new Regional Director? “Ask questions. Listen. Trust the team. And trust the partners,” he says.Asked what he’s most proud of, looking back on his 7 years heading up the Canadian market, Rose singles out his Canadian team: “I’m especially proud of how active, how professional my team has been here.” And, he adds, he’s proud of all the extra airlift to Jamaica.When Rose took over the post seven years ago, the Canadian dollar was starting to decline after a run at-par, prices to Jamaica had gone up and capacity had gone down. “It was like ‘Welcome to Canada, Philip’,” he jokes.More news: Onex paying big to get WestJet and that will send airfares soaring, says CWT“All of our partners rallied together and went to the market and our numbers started to rise.”Over the 7 years, “we’ve done remarkably well,” says Rose.More importantly than the increase in visitor numbers from the Canadian market, Rose and his JTB have also put in place new strategies that will ensure ongoing visitor satisfaction levels with the Jamaica travel experience remain high, and return rates stay high as well. “We’re not only interested in the numbers increasing from Canada, but also customer satisfaction,” he says.He adds: “We firmly believe one of the reasons for our high return rate is that we take the time and invest the resources to ensure our retail partners have the tools to make sure their clients are in the resort that’s right for them.”Rose says he wants to thank everyone in the industry for all the support over the years. “I have made some incredible friends here, both in the industry and in the community. I will miss you all! Canada has been good not only to me, but to my family too. We have been proud to call Canada home for seven wonderful years, and we are truly going to miss it…other than the Toronto traffic and winters, of course,” he jokes.More news: Consolidation in the cruise industry as PONANT set to acquire Paul Gauguin CruisesRose officially ends his stint as Regional Director, Canada for the JTB on Dec. 15 – “just before the brutally cold temperatures”.Seven years ago Rose arrived in Canada from Texas, where he was in charge of the Western USA market. Is he headed back to the U.S. in his new JTB role? Time will tell but if it’s another cold climate, he’ll be well-prepared, thanks to the lessons he learned here in Canada: “I now wear a toque as opposed to a hat.” Monday, December 3, 2018 Travelweek Group JTB’s Philip Rose says ‘until next time’ as he leaves Canadian market after 7 years Tags: Departures, Jamaica, JTB
Romanian cable and pay TV operator RCS & RDS has completed tests of 100GbE technology, the first such test in the country.RCS & RDS tested 100GbE with DWDM equipment for ECI Telecom and routers from Cisco and Juniper. RCS & RDS said this was the first test globally involving three separate vendors.The operator tested 100GbE IP/MPLS equipment over a 700km distance between Bucharest and Oradea. Upgrading networks from 10GbE to 100GbE increases capacity by a factor of 10, allowing service providers to serve a much larger number of customers with high-bandwidth services simultaneously.
RTL Group has rolled out digital service RTL Play in Belgium, marking its third on-demand service launch this year.RTL Play went live in Belgium last week and its deployment follows the release of RTL Play in Croatia and RTL Most! in Hungary earlier in the year.All three platforms were developed in collaboration with M6 Web, the digital division of RTL-owned French broadcaster M6 Group.In Belgium, RTL Play gives viewers access to programmes aired on RTL’s regional local channels – RTL-TVI, Club RTL and Plug RTL – as well as news and sport coverage from RTL Info and RTL Sport.The platform is designed to offer a personalised experience, recommending content based on users’ tastes. It will also offer access to the radio stations Radio Contact and Bel RTL.“Demand of this kind to freely access programmes aired on any channel, by any means possible, is inevitable,” said Stéphane Rosenblatt, general director of television at RTL Belgium.“As time goes by, this way of embracing TV will prevail, though this is not preventing linear TV from remaining the centrepiece of our offering.”
(Click on image to enlarge) The Comex Daily Delivery Report showed that 99 gold and 243 silver contracts were posted for delivery on Tuesday within the Comex-approved depositories. In gold, it was ‘all the usual suspects’. In silver, the two big short/issuers were JPMorgan Chase and ABN Amro with 120 and 111 contracts respectively. The biggest long/stoppers were Canada’s own Bank of Nova Scotia with 168 contracts…and then JPMorgan Chase with 59 contracts. The link to yesterday’s Issuers and Stoppers Report is here. There were no reported changes in GLD yesterday but, once again, the big surprise came from SLV, where an authorized participant added 1,691,162 troy ounces of silver…and is virtually the same size of deposit that was made into SLV on Thursday…almost to the ounce, so I’m wondering if this was an double entry error. We’ll find out for sure on Monday if/when they revise their number. Over at Switzerland’s Zürcher Kantonalbank for the period ending March 21st…they reported that their gold ETF declined by a tiny 8,017 troy ounces…and their silver ETF declined by 200,557 troy ounces during the same period. The U.S. Mint had a smallish report. They sold only 500 ounces of gold eagles…along with 1,000 one-ounce 24K gold buffaloes. Month-to-date the mint has sold 45,500 ounces of gold eagles…10,000 one-ounce 24K gold buffaloes…and 2,438,000 silver eagles. Based on these numbers, the silver/gold sales ratio for the month so far is a hair under 44 to 1…which is pretty amazing…and I hope you’re getting your share. Over at the Comex-approved depositories on Thursday, they reported receiving 945,922 troy ounces of silver…and shipped 369,222 troy ounces of the stuff out the door. The link to that activity is here. The Commitment of Traders Report was a surprise. Silver showed a big improvement in the Commercial net short position…and gold showed a big deterioration in its Commercial net short position. In silver, the Commercial net short position declined by 14.9 million ounces…and as of the Tuesday cut-off stands at 132.2 million ounces. Once the market-neutral spread trades are subtracted out of the total open interest, the Big 4 traders are short 38.8% of the entire Comex silver market on a ‘net’ basis. The ‘5 through 8’ traders are short an additional 11.6 percentage points on a net basis. Add them up and the Big 8 are short 50.4% of the entire Comex silver market…and that’s a minimum percentage. In gold, the Commercial net short position increased by a whopping 2.02 million ounces…blowing out to 16.24 million ounces. But the ‘good’ news, as Ted Butler pointed out to me on the phone yesterday, was that there was no increase in the short position of the ‘Big 8’ traders…which includes the BIG 3…JPMorgan, Canada’s Bank of Nova Scotia…and HSBC USA. All of the increase was the result of the smaller Commercial traders selling some of their long positions for a profit. On a ‘net’ basis the Big 4 traders Commercial traders are short 25.4% of the entire Comex gold market…and the ‘5 through 8’ traders are short an additional 13.7 percentage points of the gold market. So the Big 8 are short 39.1% of the entire Comex gold market on a ‘net’ basis. In terms of troy ounces held short, the Big 8 are short 13.97 million ounces of gold…which represents 86.0% of the Commercial net short position in that metal. In silver, the Big 8 are short 264.4 million ounces…and that amount of silver represents 200.0% of the Commercial net short position. Looking at the numbers in the previous paragraph it’s easy to see that, compared to silver, gold appears to be almost a free market…which it isn’t, as the gold market is also rigged seven ways to heaven. Here’s Nick Laird’s incomparable “Days of World Production to Cover Comex Short Positions” chart as of the March 19th cut-off. Silver opened virtually on its high of the day at the beginning of Far East trading on Friday…and was down about twenty cents to the $29 spot price just minutes before 8:30 a.m. in New York. Less than ten minutes later, the price had cratered by about 40 cents…and from there, the price pattern was almost identical to gold’s, with the only minor difference being the fact that the absolute low tick [$28.45 spot] came on a quick spike down at 12:15 p.m. Eastern time. Silver closed at $28.76 spot…down 42 cents from Thursday. Gross volume was pretty decent at around 42,500 contracts. Despite the fact that gold got smacked pretty good earlier in the day, the gold stocks rallied into positive territory by shortly after 10:00 a.m. in New York. Then, shortly after that, someone came along and sold the gold stocks off a percent…with the low of the day coming around 11:30 a.m. Eastern time. From that point, the stocks rallied back slowly, and the HUI finished down 0.73%. Needless to say, the silver stocks didn’t exactly shine yesterday…as virtually all of them finished in the red. But they did follow almost the same price path as the gold stocks. Nick Laird’s Intraday Silver Seven Index closed down 1.17%. (Click on image to enlarge) Here’s a series of three photos that my daughter Kathleen sent me yesterday. What is it with cats and boxes? And it obviously doesn’t matter about the size of the cat…domestic or otherwise! (Click on image to enlarge) Here’s Nick’s Silver Seven index which shows the longer term. With the obvious exception of the first story, it’s pretty much wall-to-wall stories about Cyprus for you today….and they’re mostly presented in the order I received them yesterday. These stories seem to change by the hour…and it will be interesting to see how this all turns out. There are no market anymore…only interventions. – Chris Powell, GATA Today’s pop ‘blast from the past’ takes me back to my last year in high school in 1966. This ‘Go-Go’ tune got seemingly endless air time when it was first released…and it’s still a classic to this day. The group was basically a one-hit wonder…but what a hit it was! It’s old enough that the youtube.com video clip is in black in white. I hope you enjoy it…and the link is here. Today’s classical selection is a tone poem by Finnish composer Jean Sibelius. The Swan of Tuonela was originally composed in 1893 as the prelude to a projected opera called The Building of the Boat. Sibelius revised it two years later as the second of the four sections of the Lemminkäinen Suite (Lemminkäis-sarja), also known as the Four Legends from the Kalevala, Op. 22, which was premiered in 1896. Sibelius revised the tone poem twice, once in 1897 and again in 1900. Here’s the Norwegian Radio Orchestra under the baton of Avi Ostrowsky. This recording is as good as it gets…as is the divine playing of the cor angl’e soloist. The link is here. Enjoy. Well, it was another case of JPMorgan et al moving the markets because they could…not because there were any fundamental changes in supply and demand in both gold and silver. If you take a quick peek at platinum and palladium, their chart patterns were unscathed yesterday. As I mentioned earlier this week, “da boyz” can move these market any which way they want…as there are no adults in charge anymore…either at the CFTC or in the mining companies. Gold seems to have topped out just above the $1,600 price mark for the moment…and silver is safely back under the $29 spot price mark. Where these markets go from here is unknown, but whatever direction we go in, will have nothing to do with real supply and demand fundamentals. That’s all I have for today. As I mentioned at the top of this column, I’ll be out of town for a large portion of next week…and I can absolutely guarantee that the columns I post while gone, will be much shorter. I await the Sunday night opening in New York with some degree of interest. As I mentioned earlier this week, “da boyz” can move these market any which way they want NOTE: I will be on the road most of next week…and will be writing my column on my laptop, which is an ordeal that I put myself through as few times a year as possible. They will also be as short as I can make them…and the ‘Critical Reads’ section will shrink alarmingly during this time period. The gold price didn’t do a lot for most of the trading day in the Far East on Friday, but starting around 3:00 p.m. Hong Kong time, the price developed a negative bias…and shortly before 1:00 p.m. in London, the decline began more severe. About forty minutes later…shortly after 8:30 a.m. in New York, it had hit its low tick of the day, which Kitco reported as $1,602.80 spot. The subsequent rally lasted until 10:15…and the price sagged a bit from there until shortly before 2:00 p.m. Eastern. The gold price gained a couple of dollars from there going into the 5:15 p.m. electronic close. In actual fact, it was all a tempest in a teapot, as volume was very light once again yesterday…around 84,000 contracts net, the same as Thursday’s volume. The gold price closed at $1,609.20 spot…down $5.60 on the day. I couldn’t help but notice that Friday’s silver price path was almost a mirror image of the Thursday price pattern, which is hardly a coincidence I would think. The dollar index opened at 82.86 in early Far East trading on their Friday morning…and more or less traded flat until shortly after 8:30 a.m. in London. From there it rolled over a hair…and headed south. The absolute low tick came moments before noon in New York…and then didn’t do much after that…closing the day at 82.37…down 49 basis points from the Thursday close. Once again there was absolutely no correlation between what the dollar index was doing…and what was going on in the Comex paper markets in gold and silver. Sponsor Advertisement 2013 – A Breakout Year for Energy? The energy sector is a volatile market, but it can provide enormous gains to investors who know what they’re doing – and now is the time to get into the two most promising energy trends for 2013 and beyond. Top energy analyst Marin Katusa tells you what you should be bullish and bearish on this year in his special report, The 2013 Energy Forecast. Read it here for free.
User-led and disabled people’s organisations hold the key to fighting back against the government’s long-term assault on the welfare state, according to a leading disabled academic.In his new book, All Our Welfare: Towards Participatory Social Policy, Professor Peter Beresford argues that service-user and disabled people’s organisations (DPOs) “offer a force for achieving change” and for moving towards a “future sustainable welfare state”.Beresford (pictured), who chairs Shaping Our Lives, the national network of disabled people and service users, says in his book that the new identity movements of the 1970s – such as the disabled people’s movement – developed new ways of thinking.They offered new ideas and models of support, and more equal methods of research; and they developed co-operatives, and focused on environmental sustainability and the importance of meeting people’s needs and rights.But faced with a dominant right-wing media and politics, they survived only as an “undercurrent”.Now, he says, the disabled people’s movement, which overcame “massive struggles” to develop its own pioneering, user-led services, can provide the foundation for a new “revisioned” welfare state, pushing back against the current media and political forces that want to marginalise the idea of welfare.“I don’t see any other progressive way forward,” he told Disability News Service (DNS). “If we don’t manage to have that then I fear for where this country will be heading.”He believes that successive governments have performed a “conjuring trick”, by transforming the welfare state – which historically has included services such as the NHS, social care, education and social housing – to simply mean welfare benefits.“The welfare state, according to this government, is now ‘welfare’,” he says, “which means ‘people getting benefits that you are paying for, who are scum.’ That’s how they are presenting it.”But Beresford, who is professor of citizen participation at the University of Essex and emeritus professor at Brunel University, is convinced that the seeds of the downfall of the government’s right-wing, anti-welfare state approach have already been sown.“It’s difficult to be optimistic in terms of how many terrible things are going to continue to happen,” he told DNS, “but I don’t see it is a sustainable road of travel in where we are headed, I really don’t.”He believes that younger people will feel more and more beleaguered by the prospect of huge higher education debts, and having to find the money to cope with job insecurity and – if the welfare state continues to be whittled away – healthcare, pensions and social care.Young families with disabled children “will not tolerate what people tolerated 20, 30, 50 years ago; they want a life for their children; they see their children as like anybody else”.And older people, he says, now worry about their grandchildren, and where their jobs will come from, and where they will live.He believes these factors will provide a “growing groundswell that will be encouraging for the radical movements like the disabled people’s movement”.“The concerns are rising,” he says. “My concern is how long it will take, how much damage will be done in the meantime.”Beresford believes that the most important question is “how we look after each other in modern society”.“This government has pretended that we can do that on our own and that really the issue is all these people claiming rights and income they are not entitled to.”But he does not advocate a return to the “old paternalism” of the post-war welfare state, which “failed to involve people, was top-down, and failed to understand diversity”.Instead, his book points towards a future welfare state that is “financially and environmentally sustainable”, that is “participatory”, where “social rights and needs guide economic policy”, and in which “supporting each other is recognised as a productive creator of real wealth, personal and collective well-being”.If this is to be achieved, he says, the disabled people’s movement has to highlight “not only the bad things that are happening now but the good things it has to offer, and show non-disabled people what disabled people can offer in a much more systematic way”.He also wants to see user-led organisations build more alliances.“We have got to be outward-looking as movements, we have got to collaborate more, we have got to be more tolerant of each other’s differences, we have got to really work on addressing diversity in our activities.”But he feels “optimistic” for the future, as long as disabled people and their organisations work “in concert” with others.“People listen to people with shared understanding and experience, people like them,” he says. “We must show that commonality.”He is convinced that the values represented by the disabled people’s movement and user-led organisations will win through.The values that he says have been imposed on society – individualism, fighting each other, greed and criminality – “seem immensely powerful, but they don’t stand up to investigation”.Instead, what ordinary people want are “traditional values about treating people with respect and not discriminating”.“They are the things that the disabled people’s movement, the other movements and user-led organisations are fighting for,” he says. “They are eternal values and those values will out.”
Liberal Democrats have voted for a new social security policy that will scrap the “fitness for work” test and all benefit sanctions, despite many disabled party members calling for a more radical approach to welfare reform.The vote at the party’s annual conference in Brighton (pictured) means that scrapping the work capability assessment (WCA), all benefit sanctions, the personal independence payment (PIP) 20-metre rule, the bedroom tax and the benefit cap are all now party policy.Members were voting on a policy paper that called on the party to devolve the provision of employment support to local authorities, which would also be asked to deliver – or contract out – the eligibility test that replaces the WCA.This replacement test would introduce a “real world” element into the assessment of eligibility for out-of-work disability benefits.The policy paper, Mending The Safety Net, called for the benefit sanctions system to be reformed so there was “greater scope for discretion with a stronger safety net to prevent sanctions causing extreme hardship”.But party members voted strongly in favour of an amendment that said benefits sanctions were “fundamentally wrong and leave people destitute who are already in poverty”, and should be replaced with a scheme that provides claimants with incentives to engage with the system, rather than punishing them when they do not.The motion, as amended by the call to scrap sanctions, was carried by 363 to 202 votes, and now becomes party policy.Before the vote there were suggestions that some disabled activists may quit the party if the motion was carried, because they did not believe the policy paper put enough distance between the Liberal Democrats and their former coalition partners in the Conservative party.But so far that does not appear to have happened.The disabled Liberal Democrat peer Baroness [Celia] Thomas, the party’s new work and pensions spokeswoman, told the conference that the policy paper was “thoroughly well thought out” and “an innovative, practical and humane roadmap for the sort of welfare system we want in this country”.She said: “Don’t be fooled into thinking that this makes the paper just tinkering at the edges of the current system.“It is not just tinkering, it is the most radical plan I have ever seen for welfare reform.”She said the “real world test” that would replace the WCA was based on a pioneering system in the Netherlands, and she added: “It will help to ensure that claimants are not put through impossible hoops for non-existent jobs.”Jennie Rigg, who chairs Calderdale Liberal Democrats, spoke against the motion, saying that benefit sanctions were “unjustifiable, inhumane and immoral” while the motion was “fundamentally flawed” and “mired in coalition policy-think”.She said that devolving assessments to local level was “not going to make them any better”.After the vote, she said on Twitter that the new policy was “tinkering at the edges of the benefit system and keeping most of the Tory bull***t in place” and that she was “utterly devastated that lib dems voted for it”.Ryan Mercer, the party’s candidate to fight Putney at the next general election, speaking against the motion, told the debate: “We don’t need to mend this broken safety net, we need to replace it with something far more ambitious.”Lib Dem activist Sarah Noble, also arguing against the motion, said: “We must be forward-thinking, not sliding backwards into this coalition-think.“We need a radical alternative to our failed and discriminatory welfare system. This isn’t it.”Dr Kirsten Johnson, who proposed the sanctions amendment, told the conference that the sanctions system was “inhumane”, and added: “We must, we must, we must scrap benefit sanctions. It is the moral and it is the decent thing to do.”But Lord [Jonny] Oates, who was Nick Clegg’s chief of staff throughout the coalition, and is the party’s former director of policy and communications, argued against scrapping sanctions.Lord Oates, who served on the working group that drew up the policy paper, said that it proposed “radical changes” to sanctions that would allow “greater flexibility and discretion”, and added: “If we reject sanctions… the public will think we have gone mad.”Matthew Clark, a disabled party member making his first speech at conference, who supported the motion, said the Tory benefits system was “creating a sticky web, trapping and entrenching vulnerable people who can be and deserve better”.He said he had “wasted valuable time not developing myself but learning how to jump through hoops” to secure the support he needed, while he said he had faced a “long battle” to regain his benefits after they were removed, in what he said was a “centralised and impersonal” system.He said that many disabled people feared the “complex” benefits system and were afraid to even ask simple questions of DWP in case they were sanctioned.But he opposed calls to scrap sanctions completely and backed a failed bid, through another amendment, to retain the benefit cap at a level equal to average household earnings.Former Lib Dem MP Jenny Willott, who chaired the working group, said she was “very proud” of the policy paper, which she said had “strong policies and a Liberal heart” and was “radical” and would “enable us to campaign for a fairer benefits system now”.She said that one of the “most important and bold measures” was the scrapping of the WCA.Arguing against banning sanctions completely, she said that some charities had told the working group that placing conditions on receiving benefits “can have a role in ensuring vulnerable people engage”.George Potter, the disabled activist who was a member of the working group that drew up the paper, and was a key critic of the impact of austerity policies on disabled people while the party was in coalition, told Disability News Service (DNS) after the debate that he was “disappointed that the motion went through, even though it has been amended to commit us to abolishing sanctions”.He said: “It doesn’t go anywhere near far enough in tackling the failure of the welfare system around disability issues or to offer a coherent vision for the future of the welfare system generally.“However, the reactions from the floor during the debate make me optimistic that there is plenty of appetite for this topic to be revisited at a future conference and I’m now going to be working with a broad coalition of party members to bring something better to a future conference.“In the meantime, I’m at least glad that the party has accepted the principle of scrapping the WCA and sanctions – it’s encouraging that at least we’re moving on from this idea that welfare should be about punishing people for non-compliance with arbitrary, bureaucratic regulations.”Among the reforms he had wanted to see was for both ESA and PIP to be scrapped, and replaced with a disability pension for those unable to work, which would provide them with a decent income – similar to the system in Germany – and a new additional living costs benefit for disabled people.He said this would focus more on providing the necessary support for disabled people and less on how to ration it.
Finance Next Article 5 min read SmartyPig automates transfers to a savings account to help you fund a big-ticket goal–and it might help you encourage pals to chip in. –shares Add to Queue June 5, 2008 You don’t need to be a finance whiz to recognize that the least painful way to pay for a big-ticket item–a new car, say, or a dream vacation–is to save small amounts toward it, week by week, month by month, paycheck by paycheck. But how many of us are disciplined enough to set aside money for a planned future purchase?SmartyPig promises not only to help you save toward a goal but also to make it simple for family members and friends to contribute (think birthday gift)–and, in many cases, the service might even help make the goal itself cost less. But while the general concept sounds good, the implementation hides a few notable gotchas that might prove annoying to some.Basically, SmartyPig gives you a savings account with a competitive annual percentage yield (the site’s banking partner is West Bank of Des Moines, and at this early-June writing the APY was 3.9 percent), to which you must set up regular, automatic monthly transfers from an existing bank account (SmartyPig says that nonautomated funding will be available soon to allow people to set up accounts for wedding registries and similar goals). Each account must be tied to a savings goal (you don’t need to have an actual item in mind, but you must set a dollar figure), which you can change at any time. You can opt to make your goal public, so that people can contribute toward it by visiting SmartyPig and entering your e-mail address. You can also encourage such gifts by putting a SmartyPig widget on your blog or on personal pages on sites such as Facebook, Google, Live, and MySpace.Adults can set up SmartyPig accounts for minors by designating the children as co-owners who can then track their progress toward a purchase–an Xbox 360 or Wii, for example. SmartyPig positions itself as a tool to help kids understand the concept of saving.To Market, To MarketNow for the caveats. SmartyPig accounts are free, but when you reach your goal, you can’t easily cash out: SmartyPig would much rather help you actually buy something.First, you can check SmartyPig’s list of retail partners (which include such blue-chip outfits as Amazon.com, Apple Tours, Best Buy, Gap, Home Depot, and Lowe’s) to see if one of them is selling whatever you were saving for at a good price; if so, you can have your savings converted to a gift card for that retailer, which SmartyPig will ship to you for free.This setup can save you a bit of money, since the retailers on SmartyPig all offer small boosts (of a couple of percentage points, up to 5 percent) to the face value of the gift card. Gift cards, however, often have their own drawbacks–time limits for use, for example. It’s up to you to investigate the terms and conditions on each retailer’s site.Alternatively, you can have your savings and interest converted into a SmartyPig debit MasterCard, which you can use either to make a purchase at any place that accepts MasterCard or to withdraw cash at an ATM that accepts debit MasterCards. Keep in mind, though, that most ATMs limit the amount of cash you can withdraw on a given day to a few hundred dollars.Also, ATM fees may apply, and they can quickly mount if you’re forced to withdraw your sum over several days. You face no fees for using the card at ATMs in the Shazam network, which has ATMs in 27 states (including West Bank ATMs). Regardless, to use the card, you must maintain a SmartyPig account.Check by Snail MailWhat if you need to take out the cash in your SmartyPig account for an emergency? You can have SmartyPig cut you a check, but you’ll have to wait for it to arrive via snail mail; the company says the process takes five to seven days after all pending transactions have posted to your account. SmartyPig will not electronically transfer funds to other bank accounts (although the company says that feature will be supported soon).SmartyPig also charges a fee to people who want to contribute to your goal using a credit card–2.9 percent of the amount of the gift. The convenience might be worth the extra cost to some gift-givers, but other folks might prefer to save a few bucks by dashing off a check. (SmartyPig account holders, however, can use their funding accounts to contribute to other account holders’ goals free of charge.)I have mixed feelings about SmartyPig. You could accomplish a lot of what it does simply by setting up automatic transfers to a savings account (yours or your child’s) on your own–and you wouldn’t have to sacrifice the ability to withdraw your cash easily on a moment’s notice. The 2.9 percent fee for credit card donations from non-SmartyPig account holders would discourage me from giving such a gift.On the other hand, getting a discount (even a small one) from a retailer you might patronize anyway beats a free toaster as a come-on for a savings account, and whenever I’ve checked, SmartyPig’s interest rates were on the high end of those available. The premise is gimmicky, sure, but if SmartyPig helps you avoid putting a big-ticket item on your credit card, it’s worth a try. Brought to you by PCWorld Fireside Chat | July 25: Three Surprising Ways to Build Your Brand Learn from renowned serial entrepreneur David Meltzer how to find your frequency in order to stand out from your competitors and build a brand that is authentic, lasting and impactful. SmartyPig: Savings Site With Strings Attached Enroll Now for $5
The only list that measures privately-held company performance across multiple dimensions—not just revenue. Apply Now » BlackBerry launched a service on Tuesday allowing government agencies and corporate clients to secure and manage devices powered by Google Inc’s Android platform and Apple Inc’s iOS operating system.The long-anticipated offering, which BlackBerry had said would come out around mid-year, could help the company sell high-margin services to its large clients even if many, or all, of their workers are using smartphones made by its competitors.The new Secure Work Space feature will be managed through BlackBerry Enterprise Service (BES) 10, a new back-end system launched at the start of this year that allows BlackBerry’s clients to control mobile devices on their internal networks.The company, a one-time pioneer in the smartphone arena, is now fighting to regain ground lost to Apple’s iPhone and Samsung Electronics Co Ltd’s Galaxy devices. To compete, it has rolled out a trio of devices powered by its new BlackBerry 10 operating system.It hopes to win back users with the Z10, Q10 and Q5 devices that were unveiled during the first half of this year. The first comprehensive look at the success of its turnaround plan will likely emerge when it reports quarterly results on Friday.At the same time, it has indicated a shift in emphasis from smartphones to services.”With an integrated management console, our clients can now see all of the devices they have on their network, manage those devices and connect to them securely,” David Smith, the head of enterprise mobile computing at BlackBerry, said in an interview.”We now also have a secure work space on Android and iOS that allows our clients to secure and manage the data on those devices as well.”BlackBerry has installed some 18,000 BES 10 servers since the system was launched in January, up from a little more than 12,000 servers one month ago, and more than 60 percent of U.S. Fortune 500 companies are testing or using the system.The feature, when used to manage Android and iOS devices, will allow IT managers to fence off corporate email, calendars, contacts, tasks, memos, Web browsing and document editing from personal apps and content, which could be less secure.(Editing by Edmund Klamann) Next Article –shares June 25, 2013 2 min read Euan Rocha 2019 Entrepreneur 360 List BlackBerry Launches ‘Secure Work Space’ for Android and Apple Devices Add to Queue Image credit: Reuters/Mark Blinch Technology This story originally appeared on Reuters
–shares Brian Patrick Eha Report: Snapchat’s 23-Year-Old CEO Said No to $3 Billion From Facebook Next Article 2 min read Technology November 13, 2013 Opinions expressed by Entrepreneur contributors are their own. Add to Queue UPDATE: This Is the 23-Year-Old Entrepreneur Who Just Turned Down $3 Billion From FacebookUntil recently, it would have been a safe bet that no 23-year-old in the world had ever turned up his nose at $3 billion. But that’s exactly what Evan Spiegel, the co-founder and chief executive of messaging service Snapchat, did when Facebook offered to buy his company.Citing unnamed sources familiar with the offer, The Wall Street Journal reports Facebook offered Snapchat an all-cash deal of $3 billion or more. At the time of its last funding round, in June, Snapchat was valued at only $800 million. (It raised $60 million in June of a total $73 million to date.)The deal would have marked Facebook’s most expensive acquisition, outstripping even its $1 billion purchase of Instagram in 2012.Snapchat has been enjoying explosive growth as the app of the moment for teens, tweens and twentysomethings who act like teens. In September, Spiegel announced that his service transmitted 350 million snaps a day, up 75 percent from the time of its $60 million Series B round. Snapchat allows users to send photo and video messages to each other that disappear after several seconds. The ephemeral nature of Snapchats make them a popular medium for sexually suggestive photos, not to mention silly stuff that you don’t want preserved forever on a Facebook Timeline.Still, given that Snapchat has yet to earn any revenue, the idea of turning down a buy offer three times the value of that which Mark Zuckerberg himself once turned down seems — not to put too fine a point on it — insane. It appears Spiegel and his co-founder, Bobby Murphy, also turned down a $200 million investment offer from Chinese company Tencent Holdings that would have valued Snapchat at $4 billion.But Snapchat’s young executives may soon have a better offer on the table. According to The Wall Street Journal, they are hoping their numbers continue to improve through early 2014, when they may be finally willing to consider an acquisition or investment. But they may be kicking themselves if their core user base becomes enamored of another service and leaves Snapchat behind before its founders can cash in.Related: Why Tech Valuations Can’t Be Too High or Too Low 2019 Entrepreneur 360 List The only list that measures privately-held company performance across multiple dimensions—not just revenue. Apply Now »
SpaceX Achieves First Successful Rocket Landing at Sea Fireside Chat | July 25: Three Surprising Ways to Build Your Brand Next Article SpaceX Image credit: SpaceX Add to Queue Tom Brandt April 11, 2016 After SpaceX’s previous attempts to land a rocket at sea ended in failure, the company successfully landed its Falcon 9 rocket on Friday afternoon on a landing platform in the Atlantic Ocean.It was a historic landing of a rocket’s first stage soon after it launched, and congratulations poured in from around the globe, including from President Barack Obama, who tweeted “Congrats SpaceX on landing a rocket at sea. It’s because of innovators like you & NASA that America continues to lead in space exploration.”Landing from the chase plane pic.twitter.com/2Q5qCaPq9P— SpaceX (@SpaceX) April 8, 2016After its launch at 4:43 p.m. Eastern time, the 14-story-tall booster used its remaining fuel to reenter the Earth’s atmosphere and touch down on an unanchored “droneship” in the middle of the Atlantic (dubbed “Of Course I Still Love You”).”It’s another step toward the stars,” SpaceX founder Elon Musk said at a press conference afterwards, according to the Washington Post. “In order for us to really open up access to space we have to have full and rapid reusability.”SpaceX has successfully landed the Falcon 9 rocket on land several times. But achieving a sea landing is important because such landings will almost certainly be necessary for future missions when vessels returning from farther celestial destinations like the moon or Mars approach the the Earth at high velocities.Today’s launch used SpaceX’s Dragon spacecraft to bring supplies to the International Space Station. It was filled with about 7,000 pounds of critical supplies and payloads for the space station crew, including materials to support research and scientific investigations. The Dragon capsule itself will return to Earth in about a month, when it will splash down in the Pacific Ocean off the California coast. 2 min read Enroll Now for $5 –shares Learn from renowned serial entrepreneur David Meltzer how to find your frequency in order to stand out from your competitors and build a brand that is authentic, lasting and impactful. This story originally appeared on PCMag
November 4, 2016 Huawei Wants to Beat Apple in Smartphones in Two Years The Chinese company on Thursday launched a new premium phone, which will sell for about $777. This story originally appeared on Reuters –shares Next Article Image credit: Reuters | Hannibal Hanschke China’s Huawei Technologies wants to be the world’s second-largest maker of smartphones in two years, Richard Yu, chief executive of Huawei’s consumer business group, told Reuters on Thursday.Having made its name as a builder of telecommunications networks, Huawei has been active in the consumer devices market for only a few years and is now the third-biggest smartphone maker after Apple Inc. and the world leader in the $400 billion market, Samsung Electronics.”When we announced four years ago that we wanted to sell phones, people told us we were crazy. When we said we wanted to sell 100 million phones, they told us we were crazy,” Yu said at a launch event in Munich.Huawei on Thursday launched a new premium phone, which will sell for about $777 apiece. A version developed with Porsche Design will cost about $1,550.The phone has a new artificial intelligence feature: It can learn about its user’s habits and automatically put the most frequently used apps in easy reach.Huawei was the world’s third-largest smartphone maker in the third quarter with 33.6 million shipped devices, giving it a 9 percent market share, according to research firm Strategy Analytics.Apple was still well ahead with 45.5 million devices, or a 12 percent market share. Samsung was the world leader with 75.3 million shipped devices and a market share of 20.1 percent.”We are going to take them (Apple) step-by-step, innovation-by-innovation,” Yu said, adding that he expected to improve Huawei’s position along with technology shifts.”There will be more opportunities. Artificial intelligence, virtual reality, augmented reality,” he said. “It is like driving a car. At every curve or turn, there is an opportunity to overtake the competition.”With the new phone, dubbed Mate 9, Yu expects to make a break in European markets such as Germany, France and Great Britain. “In Finland, we are already number one,” he said.With Apple struggling to come up with surprise designs and Samsung reeling from having to scrap its flagship phone, Yu said Huawei was at a tipping point.”Step-by-step we are winning the trust and loyalty of the customers. It is about trust and loyalty.”(Reporting by Harro ten Wolde; Editing by Jonathan Oatis) Reuters Register Now » Free Webinar | July 31: Secrets to Running a Successful Family Business 2 min read Add to Queue Huawei Learn how to successfully navigate family business dynamics and build businesses that excel. Huawei CEO Richard Yu presents Huawei’s new smartphone, the Mate S.
TechBytes with Emma Newman, VP UK, PubMatic Sudipto GhoshMay 13, 2019, 2:30 pmMay 13, 2019 Emma NewmanGameloftIAB Techin app advertisingPubMaticTechBytes Previous ArticleHow to Close the Gap Between Sales Forecasting and RealityNext ArticleMarTech Interview with Lewis Gersh, CEO, PebblePost PubMatic is a digital advertising technology company for premium content creators. The PubMatic platform empowers independent app developers and publishers to control and maximize their digital advertising businesses. PubMatic’s publisher-centric approach enables advertisers to maximize ROI by reaching and engaging their target audiences in brand-safe, premium environments across ad formats and devices. Since 2006, PubMatic has created an efficient, global infrastructure and remains at the forefront of programmatic innovation. Headquartered in Redwood City, California, PubMatic operates 13 offices and six data centers worldwide.PubMatic is a registered trademark of PubMatic, Inc. Other trademarks are the property of their respective owners. About EmmaAbout PubMaticAbout Emma Emma Newman, VP, UK, PubMatic as Vice President, UK, Emma is tasked with growing PubMatic’s unique approach to the market, making sure that its customers (both supply and demand) are continually benefitting from its transparent and customer first approach. In addition, Newman helps PubMatic to develop new premium publisher relationships with a focus on growing and monetising mobile and video inventory as well as helping them navigate ad decisioning tools.Newman joined PubMatic in 2014 as senior director of international marketing, rising to the role of vice president of international marketing within a year. Prior to PubMatic, Newman held roles in marketing and business operations at iHeartMedia (Clear Channel UK), AOL, and Microsoft. Tell us about your role and the team/technology you handle at PubMatic.I head up PubMatic’s UK business, with a core responsibility for commercial success. My role encompasses two main areas: growing our premium publisher client base, and building trusted relationships with agencies and advertisers. I also hold responsibility for our account management teams who are central to client retention and delivering ongoing success for our clients and the business as a whole.What is the essence of your Partner-Customer relationship with Gameloft?At the core it’s about helping Gameloft monetise its in-app advertising. Through PubMatic, Gameloft is able to access a wealth of demand on the buy-side. By increasing demand, it is able to sell more advertising impressions for a higher price, which maximises their revenue. But it’s more than just this. Central to the relationship is a common desire to help buyers realise the potential of in-app advertising. We both want to encourage greater brand spend to be invested here and for marketers to take advantage of reaching premium, engaged and relevant audiences at scale. In order to do this we are spending time working together to educate the wider marketplace through research, thought leadership and events that actively engage with buyers.What are the key result areas for which they leverage PubMatic?Ultimately, it’s about helping them monetise their advertising opportunities more effectively via our platform through our focus on the in-app space and our joint efforts to grow the market. To achieve the former, our account management team works very closely with the Gameloft team to ensure they get maximum value from the platform and adopt by best practices. We want them to take full advantage of not just the PubMatic platform but the digital advertising ecosystem as a whole.How much has the SSP Ecosystem evolved with the maturity of Mobile Advertising Technologies? The ecosystem is certainly evolving but I’d be wary to describe mobile as ‘mature’. Many of the challenges around in-app advertising exist because it is a much newer environment compared to desktop. The tools, techniques and controls that everyone is comfortable with in desktop are only starting to emerge for in-app advertising. This is part of the reason why buyers have been wary of investing in this environment.There are several pieces of the puzzle that are coming together to bolster confidence such as: IAB Tech Labs app-ads.txt initiative; the ability for SSPs to build Private Marketplaces (PMPs) to bring greater control and quality; and in-app header bidding solutions that overcome traditional inefficiencies and capture incremental revenue. By working together as an industry, we will be able to overcome the challenges and unlock the potential of in-app advertising. PubMatic’s focus is to increase investment in our technology and services in this area to make in-app advertising easier to execute. We believe this, in turn, will help increase trust, quality and confidence.Tell us more about your publisher-focused initiatives in 2019 and how it would help in-app campaigns?In-app is a core focus this year as we recognise the potential for both the buy- and the sell-side. We’ve already launched a new solution called OpenBid which is an SDK that provides publishers with access to demand and brand spend from over 200 sources, including DSPs, ATDs, Agencies, and Supply Path Optimisation (SPO) and Preferred Partnerships deals. It also allows them to implement header bidding to increase competition and grow advertising revenue. Further enhancements will be rolled out across the year including the launch of a solution for in-app video which we believe is a huge growth area.To help buyers feel comfortable with investing in in-app advertising we’ve been driving a number of education-based initiatives. We commissioned Forrester to do research into the attitudes of brands and agencies into in-app advertising, the results of which we have been sharing with publishers to help them understand the steps they can take to attract more brand spend. We have also held breakfast briefings, run panel sessions at events, written bylines and are now planning an agency roadshow. Through educating buyers, we are helping drive additional demand for our publishers that have in-app inventory to sell.What are the major pain points for Product Management and Innovation teams in building/ scaling in-app Programmatic adtech?Because in-app is a nascent area, we are still learning and building out our expertise. We have recruited in-app experts on the business development and engineering sides to help inform what we are developing to ensure it is relevant for the needs of the market and can be scaled.Education is also critical. While ‘traditional’ publishers that have apps understand programmatic, for in-app publishers and developers, programmatic is unchartered territory. Many of them have little knowledge of how to approach advertising, as their primary focus is on delivering a quality app for their users. When it comes to advertising, most of them currently give third parties responsibility for driving monetisation. This need for education is not just a challenge for PubMatic but the industry as a whole.How do you scale or face these at PubMatic?We are addressing the challenges of in-app advertising head on by making it one of our core focus areas for 2019. We have been investing in building out the teams and in product development and showing a real commitment towards market education to help realise the potential of in-app going forward. About PubMatic
Intapp Acquires OnePlace PRNewswireMay 28, 2019, 4:55 pmMay 28, 2019 Oneplace Teaoneplace Team Joins Intapp to Deliver a Unified Client Lifecycle Solution for the Professional Services IndustryIntapp announced it has acquired OnePlace, a leading provider of cloud-based solutions for marketing and business development teams. Intapp and OnePlace are joining forces to address the growing need for a unified front office solution spanning the client lifecycle that helps firms cultivate key relationships, drive growth, and better compete in their modern marketplace.OnePlace, founded in 2012, was an early pioneer in cloud-based marketing solutions, helping more than 60 professional services customers replace their legacy CRM. The combination brings together OnePlace’s deep domain knowledge and team of experts in marketing and business development technology, with Intapp’s market-leading Industry Cloud for Professional Services.With this acquisition, the market will now have an integrated client lifecycle solution for the front office that enables seamless collaboration across the firm and its partners and business services teams; from strategy to origination and execution.Marketing Technology News: Relativity Showcases a New Way to Analyze Short Message and Mobile Data“Coupled with our other recent acquisitions of DealCloud and gwabbit, adding OnePlace to our portfolio further demonstrates Intapp’s commitment to assembling the industry’s best team to deliver on the full vision of a modern, unified front office solution for our customers,” said Dan Tacone, Intapp’s President. “Together, we will help our customers execute marketing and business development growth strategies more efficiently and effectively.”Marketing Technology News: Information Builders’ WebFOCUS Named a FrontRunner in Business Intelligence in Fourth Consecutive Report“My team and I are excited to join with Intapp to make the industry’s leading client lifecycle experience even more complete and powerful,” said Tim Smith, OnePlace’s CEO. “At its core, this acquisition will deliver a single, reliable source of truth for client and prospect knowledge to our combined customer roster. Like Intapp, we believe in the ‘everything in one place’ ethos. Our combined team has the unique capability to execute this vision.”Marketing Technology News: Usabilla Named a Strong Performer in 2019 Acquisitioncloud-based solutionscrmIntappMarketing TechnologyNewsOnePlaceTim Smith Previous ArticleEnghouse Buys Espial Group Inc.Next ArticleGainsight Unveils the Customer Cloud, the Future of Customer Success Technology
Source:https://newsroom.wiley.com/press-release/journal-bone-and-mineral-research/does-womans-weight-gain-during-pregnancy-affect-chil Reviewed by James Ives, M.Psych. (Editor)Nov 7 2018A new study has examined whether managing weight during pregnancy might affect children’s bone mass.In the Journal of Bone and Mineral Research study, investigators analyzed prospective data from 2,167 mother-child pairs from Portugal. In under/normal weight mothers, weight gain during pregnancy was associated with slightly increased bone mass at 7 years of age in children, while in overweight/obese mothers, no beneficial effect of weight gain on bone mass was observed.Related StoriesWhy Mattresses Could be a Health Threat to Sleeping ChildrenGuidelines to help children develop healthy habits early in lifePuzzling paralysis affecting healthy children warns CDCGiven the well-known adverse implications of excessive weight gain during pregnancy for both the mother and child on various aspects of health, following the current recommendations on pregnancy weight gain should not have consequences on children’s skeletal health.”Until recently, it was a widely held scientific belief that any weight gain from the mother during pregnancy would have a beneficial effect on children’s bone mass. Our study results corroborate that there is no benefit in gaining weight above the US Institute ofMedicine recommendations for pregnancy weight gain for children’s bone mass, in both normal and overweight women prior to pregnancy,” said lead author Dr. Teresa Monjardino, of the Universidade do Porto, in Portugal.
Reviewed by James Ives, M.Psych. (Editor)Feb 12 2019A team of investigators from the Colorado School of Public Health at the CU Anschutz Medical Campus and the University of Colorado Boulder has identified that people living in homes with high ventilation are more likely to suffer from respiratory health issues such as asthma.The findings are published in the February issue of Environmental Research.The Colorado Home Energy Efficiency and Respiratory Health (CHEER) study evaluated the impact of air-exchange rates on respiratory health in low-income, urban homes in the cities of Denver, Aurora, Boulder, Loveland and Fort Collins. The study revealed that many homes had high ventilation rates, also known as air-exchange rates – the rate at which outdoor air replaces indoor air within a room (median 0.54 air changes per hour; range 0.10 to 2.17).The findings show that residents in drafty homes with higher air-exchange rates were more likely to report a chronic cough, asthma and asthma-like symptoms.Notably, people in homes with the highest air-exchange rates were approximately four times more likely to report a chronic cough than people living in households with the lowest air-exchange rates.Similarly, people were two to four times more likely to report asthma or asthma-like symptoms if they lived in households with the highest ventilation rates versus the lowest.”The goal of this study was to understand the health impacts of home weatherization practices. Many of these practices focus on reducing air exchange rates between the building interior and outdoor environment,” said Elizabeth Carlton, PhD, assistant professor in Environmental and Occupational Health at the Colorado School of Public Health. “We found people in the homes with the highest air-exchange rates – the leakiest homes – were considerably more likely to report chronic cough, asthma or asthma-like symptoms. It is possible that in homes with high air-exchange rates, outdoor pollutants are entering the home and affecting health. If true, home-energy efficiency measures may be an effective way to protect health in areas with high pollution such as homes located near major roads.”Related StoriesResearchers study the role of nasal ecosystem and viral infection on pneumococcal acquisitionNew mobile phone application can measure impaired breathingMore than 936 million people have sleep apnea, ResMed-led analysis revealsCarlton adds, “The health effects of high-exchange rates in urban areas are not well-documented, and since Americans spend approximately 90 percent of their time indoors, it’s crucial to have a better understanding of the impact of leaky homes.”While prior studies have highlighted the potential hazards of low ventilation rates in residences, this study reveals high ventilation rates in many urban-area homes and that these high air-exchange rates may have a negative impact on respiratory health. Based on the findings, the infiltration of outdoor pollutants into leaky homes, such as traffic-related pollutants, could be a significant cause of chronic respiratory issues and an array of health outcomes.The (CHEER) research is a cross-sectional study that enrolled 302 people in 216 non-smoking, low-income homes. A blower door test was conducted and the annual average air-exchange rate (AAER) was estimated for each house. Respiratory health was assessed using a structured questionnaire based on standard instruments. The researchers evaluated the association between AAER and respiratory symptoms, adjusting for relevant variants such as age, sex, location and both indoor and outdoor pollution.”This study was a one-of-a-kind opportunity to combine engineering, geography and public health expertise,” said Shelly Miller, PhD, professor in Mechanical Engineering at the University of Colorado Boulder. “We hope that the results of our research will help rethink how we expend energy in homes for heating and cooling and how we best ventilate homes, especially in under-resourced communities that often live in polluted urban areas.” Source:http://www.ucdenver.edu/
Mumbai parties and movements SHARE COMMENTS Amit Shah and Maharashtra Chief Minister Devendra Fadnavis meet Tata Sons Chairman-Emeritus Ratan Tata.- PTI – PTI June 06, 2018 COMMENT In a well-planned visit to Mumbai on Wednesday, BJP President Amit Shah called on several prominent Mumbaikars, including Shiv Sena chief Uddhav Thackeray, Tata Sons Chairman-Emeritus Ratan Tata, and actor Madhuri Dixit, as part of his party’s ‘Sampark for Samarthan’ (contact for support) campaign.His visit to Matoshree, the residence of the Sena President, is being seen by political watchers as an attempt by BJP to mend fences with its ally, in the wake of bitterness during the recent Palghar by-election.The Sena mouthpiece Saamana had mocked the BJP’s outreach campaign, calling it a “game”.Amit Shah and Maharashtra Chief Minister Devendra Fadnavis meet Tata Sons Chairman-Emeritus Ratan Tata.- PTI – PTI Inopportune visit: SenaIn an editorial, it pointed out that at a time when fuel prices had sky-rocketed, farmers were on strike, and inflation on the rise, the BJP President was holding contact programmes.It said electoral “motives” were behind Shah’s campaign. The editorial said the Sena would fight the 2019 elections on its own. It is always in touch with people and does not require a poster boy to win the elections, the editorial said.Shah and Chief Minister Devendra Fadnavis also called upon Tata. After the meeting, he tweeted, that he apprised the former Tata Group Chairman of the Modi government’s development achievements and initiatives.The BJP chief also met Bollywood diva Madhuri Dixit and presented to her a booklet containing the achievements of the BJP government.To cut a deal: ChavanReacting to the meeting between Thackeray and Shah, the Congress’ Maharashtra President, Ashok Chavan, called it an eyewash as both BJP and Sena were unlikely to break their alliance. The meeting was aimed at cutting “a political deal”, and had no other objective, the former chief minister said.Political analyst Nagesh Kesari said the BJP’s intentions were to paint a rosy picture of their alliance with the Shiv Sena.However, the BJP did not want Sena as an ally. There was no need for such a meeting as Sena is still a member of the BJP-led NDA, and the leaders of the party could have met at a meeting of the coalition. The meeting is party of the BJP’s well-thought-out strategy of remaining in the media’s limelight, he said. Published on BJP President Amit Shah with Bollywood actor Madhuri Dixit-Nene and her husband Sriram Nene, in Mumbai on Wednesday. – PTI SHARE SHARE EMAIL Amit Shah and Maharashtra Chief Minister Devendra Fadnavis meet Tata Sons Chairman-Emeritus Ratan Tata.- PTI – PTI BJP President Amit Shah with Bollywood actor Madhuri Dixit-Nene and her husband Sriram Nene, in Mumbai on Wednesday. – PTI Sena mouthpiece flays BJP, attributes poll motives to BJP’s chief’s visit
COMMENTS A ceiling on party expenditure in campaigning, for which the Election Commission (EC) has been pressing political parties and the government, will see “the light of day in time to come”, says Chief Election Commissioner O P Rawat. Rawat, who demits office on Saturday, said his “only regret” as head of the poll panel is that the EC was unable to recommend to the Law Ministry a fresh “legal framework” in tune with the changing times vis-a-vis the use of money and social media. Sunil Arora will take over as the new chief election commissioner on Sunday. Responding to a question on transparency in funding of political parties, Rawat told PTI in an interview that it is “a long-term reform”. “… all political party meeting in August (this year) had recommended that there should be a ceiling on party expenditure and commensurately there should be transparency in funding. I think it will see the light of day in time to come,” he said. Almost all parties agreed to a cap on expenditure, he added. The election watchdog has been pushing for greater transparency in election-related expenditure by parties and candidates. Like individuals, there should be a ceiling on expenditure by political parties during polls, according to the Election Commission, which has referred the matter to the Law Ministry for legislative action. At present, there is a ceiling on campaigning funds for individual candidates in the electoral fray but no cap on the money political parties can spend for electioneering. The ceiling varies from state to state depending on its population and number of assembly or Lok Sabha seats. November 30, 2018 Published on Chief Election Commissioner OP Rawat – PTI SHARE SHARE SHARE EMAIL COMMENT elections