Chandigarh: Ending suspense, Punjab Cabinet Minister Navjot Singh Sidhu on Monday said he sent his resignation to Chief Minister Amarinder Singh. “Today I have sent my resignation to the Chief Minister Punjab, has been delivered at his official residence…,” he tweeted. However, the Chief Minister was away in Delhi to meet Prime Minister Narendra Modi. There was no comment on the issue from the Chief Minister’s Office.
APTN National NewsA pulp mill in Nova Scotia dumps its waste into Boat Harbour, the backyard of the Pictou Landing First Nation.The band says they want the pipe and harbour cleaned up.Members say they’ve finally got the leverage to make that happen.APTN’s Trina Roache has the story.
“Gardens of Biodiversity” is part of FAO’s contribution to the International Year of Biodiversity and celebrates the rich diversity of crops and farming techniques of the Southern Caucasus, which comprises Armenia, Azerbaijan and Georgia. “The Southern Caucasus is a treasure trove of biodiversity that must not be lost. Only concrete action will ensure that present and future generations can continue to improve their food security and livelihoods. Today we must ‘wake-up’ and engage in identifying, maintaining and using our genetic resources to meet the challenges of the future to feed a growing world population,” said Caterina Batello, Senior FAO Officer and one of the book’s authors. Through photographs, the book documents the genetic resources, rural life and traditional food practices particular to the region, home to some of the earliest evidence of humans practicing farming and the birthplace of many common foods found on plates all over the world.Crops such as wheat, grapes, apples, apricots, pomegranates, pears and peas are listed as originating in the region, where the hot summers, cold winters and mountainous terrain provide an ideal climate and geography for rich crop diversity.The diversity is also preserved and promoted by small-scale farming techniques common to the region, with strong attachment to traditional food production systems that have helped to encourage diversity of crops like wheat. All three countries maintain rich collections in their national seed banks “We have to store germplasm in seed banks, but we also need farmers to preserve and use this genetic material in their day-to-day activities. This book pays homage to that, and we hope it will help focus on the role of farmers in the Southern Caucasus and elsewhere in this important task,” said Ms. Batello.The International Year of Biodiversity provides a timely opportunity to focus on the urgency of safeguarding biodiversity for the wealth, health and well-being of people in all regions of the world, with the idea that restoration of ecosystems can generate wealth, create jobs and alleviate poverty. 1 December 2010The United Nations Food and Agriculture Organization (FAO) has published a book celebrating the rich biodiversity of the Southern Caucasus and calling for its preservation.
CALGARY — Shaw Communications says the rollout of a new generation of cable services has gotten off to a strong start, and helped the company to deliver its first growth in video subscribers in nearly seven years.The Calgary-based company (TSX:SJR.B) — which lost significant video market share to Vancouver-based Telus in recent years — said one factor for the revival was the launch of its voice-powered BlueSky TV product across the entire Shaw cable network in April.“Over time, we believe this platform — through our partnership with Comcast — will become the digital hub for the home,” chief executive Brad Shaw told a conference call with analysts Wednesday.Shaw says it gained 12,000 cable video subscriptions during the quarter ended May 31 — nearly one-third of the 38,000 subscriptions added overall by its consumer division, which includes Internet and satellite video services as well.However, analysts said that a significant reason for the gains in cable video subscribers during Shaw’s fiscal third quarter ended May 31 was less “churn” as the company retained customers with price-competitive video and Internet packages.Shaw president Jay Mehr said that stabilizing the subscriber base was part of a three-stage plan that also included the rollout of its new WideOpen Internet service and the BlueSky launch during the quarter.“What I hope you see during the quarter is a plan coming to life — step by step,” Mehr said.But he cautioned that “it’s hard out there. There are competitive responses and things are happening back and forth.”In the wireless market, where Shaw is a newcomer competing with entrenched national providers Telus, Rogers and Bell, its Freedom Mobile unit added about 20,000 subscribers during the quarter. Freedom, formerly named Wind Mobile, was acquired by Shaw last year,Analyst Drew McReynolds of RBC Dominion Securities said in a note to clients that wireless subscriber growth during the quarter was in line with his estimates but below the analysis consensus estimate of 28,000 net additions.However, McReynolds said Freedom’s revenue was much stronger than either RBC or consensus estimates.Overall, Shaw’s third-quarter revenue for the quarter was $1.31 billion, up 2.8 per cent from last year. Net income was down 81 per cent to $133 million or 27 cents per share, mostly because of gains Shaw received last year from asset sales.Net income from continuing operations was $164 million, up from $74 million in the third quarter of 2016.Shaw stock was virtually unchanged at midmorning, trading at $30.27.
After hearing presentations from United Nations officials about the 250,000 boys currently exploited as child soldiers and tens of thousands of girls subject to sexual violence, the Security Council today called for a “reinvigorated effort” to protect children in areas of armed conflict.Through a statement read out by its July President, Ambassador Jean-Marc de la Sablière of France, the 15-member body praised the implementation of its landmark 2005 Council resolution that called for the monitoring of violations of children’s rights and well-being in seven conflict zones.The mechanism has already produced results in the field, but more must be done, including the pursuit of efforts to reintegrate child soldiers into their societies, the Council said, and it called on national governments, international organizations and non-governmental organizations (NGOs) to contribute to that effort. In the preceding Council discussion, UN officials and delegations had also called for greater efforts to protect children, including measures to prevent impunity on the part of government forces and rebel groups who persist in exploiting and abusing them.“The initial phase of the monitoring and reporting mechanisms is now over,” Radhika Coomaraswamy, Special Representative of Secretary-General Kofi Annan for children and armed conflict, said, “It is now time for the Security Council to take action against repeat offenders.”Resolution 1612 takes account of recruitment of child soldiers, killing and maiming children, rape and other sexual violence, abduction and forced displacement, denial of humanitarian access to children, attacks against schools and hospitals, as well as trafficking, forced labour and all forms of slavery.It calls for such crimes to be monitored in the pilot countries of Burundi, Côte d’Ivoire, the Democratic Republic of Congo (DRC), Nepal, Somalia, Sri Lanka and Sudan. Ms. Coomaraswamy thanked numerous actors at the local, national, regional and international level for their assistance in putting such monitoring mechanisms in place and noted that the first country report, on the DRC, had been submitted in June.However, recounting the story of a Sierra Leonean boy she called “Abou” who, since being abducted at the age of 11, had fought with rebels in his own country, in Liberia and in Côte d’Ivoire, she said that the monitoring had served to confirm “that there are far too many Abous out there, and we are compelled to protect them.”Ann Veneman, head of the UN Children’s Fund (UNICEF) drew attention to the fact that over the past decade some two million children have died as a result of war, while countless others have had to flee their homes.“For centuries, children have been victims of conflict and their tragedy has been largely unrecorded and unnoticed,” Ms. Veneman said. “Now, with the support of the Security Council, we are finally able to monitor the true scale of the impact on children so we can act.”In a report released today, UNICEF said that every day 1,200 people, half of them children, are killed in the DRC because of violence, disease and malnutrition.Also making a statement to the Council today, Ad Melkert, Associate Administrator of the UN Development Programme (UNDP), said strong policies needed to be put in place that make young people active agents for peace. As an example, he said youth could be trained as election observers or peace monitors.In the open meeting that followed those presentations, 36 speakers, representing Council members and other nations, affirmed that protecting children from abuse during conflict was a responsibility of each State and the entire international community, with many proposing mechanisms to follow up on resolution 1612.
GWR said the crash forced the closure of the line between Swindon and Gloucester, with replacement buses in operation.A British Transport Police spokesman said: “At 3.10pm today we were called to a level crossing close to Frampton Mansell, Gloucestershire, following reports that a car had been struck by a train.”Officers from BTP attended alongside paramedics from the South Western Ambulance Service. However, a man, believed to be the driver of the car, was sadly pronounced dead at the scene.”Officers are now working to identify the man and inform his family.”Trains passing through the Frampton crossing are permitted to travel at up to 50mph, according to NR.Approximately 37 trains pass by every day, with 62 pedestrians or cyclists using it.Despite the safety risks there were no accidents, near-misses or incidents of misuse in the year prior to last year’s assessment.The next one is due by August 2018. A man has died after a train ploughed into his carCredit:PA The driver is thought to have been thrown from the car before it was dragged along the railway tracks for half a mile.Police said he died at the scene and no-one else was injured in the crash.The Frampton crossing is a metal gate at the end of a grass track, a public footpath crossing operated by those using it. Want the best of The Telegraph direct to your email and WhatsApp? Sign up to our free twice-daily Front Page newsletter and new audio briefings. A man has died after a train ploughed into his carCredit:PA A man has died after a train ploughed into his carCredit:PA A man has died after a train ploughed into his car on a rural level crossing in the Cotswolds.The vehicle, thought to be a Land Rover, was hit by the Great Western Railway (GWR) train at Frampton Mansell in Gloucestershire at around 3pm as it travelled from London Paddington to Cheltenham Spa. Network Rail (NR), which manages Britain’s rail infrastructure, said people must use a phone at the site and get permission from a signaller to cross the tracks.A safety assessment of the crossing in May last year highlighted “deliberate misuse or user error”, a “low sighting time” and the number of people using it as being key risks to train drivers.It is unclear whether the man requested clearance to cross the line, but residents told a passenger on the train the car had broken down on the track. Gavin Garthwaite, a customer relations manager, was on board the train when it stopped suddenly after a “massive thud”.Mr Garthwaite, 30, told the Press Association: “We didn’t really know what happened until about 15 or 20 minutes after it actually happened.”We felt this massive thud but it was an instant stop as well. We felt the impact and the train came to a sudden halt a second or two afterwards.”Then there was a tannoy announcement just to ask if there were any train drivers or members of staff on the train if they could come forward.”The initial reaction was maybe the driver had had some sort of heart attack or something to cause him to stop.”But after looking out of a window Mr Garthwaite spotted the car, thought to be an old-style Land Rover, partially trapped under the front of the train.Police and GWR staff helped passengers from the train before they took refuge at a local pub.Mr Garthwaite said residents estimated the car was dragged 800m and that the driver, thought to be a local landowner, had broken down on the track.A dog is also thought to have been killed in the incident.The Rail Accident Investigation Branch has sent inspectors to the scene and police are investigating.
Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)Related’ISIS has declared war on us’ – says French PresidentJuly 26, 2016In “World”Bin Laden left $29m inheritance for jihadMarch 1, 2016In “latest news”Caribbean News Round-upOctober 27, 2015In “Regional” (BBC) – Is it acceptable to name your baby “Jihad” in France, which has suffered Europe’s worst Islamist terror attacks in recent years?France used to have an official list of approved names for babiesFrance’s chief prosecutor now has to wrestle with that question after a couple’s chosen name for their son was referred by authorities in Toulouse.In turn, the French judge for family issues may have to rule on the case.“Jihad” in Arabic means “effort” or “struggle”, not specifically “holy war”.French law does not restrict parents’ name choices for their children, provided a name does not harm the child’s interests and is not opposed by other family members on reputational grounds.The Toulouse boy called “Jihad” was born in August. Previously, other boys have been allowed to keep that name in France.The term “jihadists” is commonly used to describe Islamist militants, such as those who carry out terror attacks in the name of so-called Islamic State (IS).Since the start of 2015, Islamist militants have killed more than 230 people in France, where a state of emergency remains in force.In 2013 a mother in the French city of Nimes was given a one-month suspended jail term and a €2,000 (£1,783; $2,353) fine after sending her three-year-old boy called Jihad to school in a T-shirt bearing the words “I am a bomb” and “Jihad, born on 11 September”.The sentence was for the “provocative” T-shirt, which referenced the 9/11 terror attacks in the US, but not for the name “Jihad”.In 2015 a French court prevented a couple from naming their baby girl Nutella after the hazelnut spread, ruling that it would make her a laughing stock. The judge ordered that the child be called Ella instead.
With full house participation at the Linden Town Council’s boardroom, the majority voted for a secret ballot nomination for the mayoral election.Councillor, Waneka Arrindell, Linden’s two- time serving Deputy Mayor, was selected and voted in as the new Mayor of Linden for the period of 2018.(Left) Wainewright Bethune, Deputy Mayor-elect shakes hand with Waneka Arrindell, Mayor-elect for LindenArrindell expressed delight in being voted in as the new Chief Citizen and called for teamwork to ensure continued progress in 2018. The Mayor-elect explained, for the new year she will continue to focus on uncompleted 2017 projects.“There is the initial working on our garbage collection which has been in a horrible state for a while; but we are in the process of procuring those trucks that will be able to alleviate those problems. There is also the issue of the roadways; but we are grateful for the opening of the toll booths that will assist us to patch some of the holes”, Arrindell outlined.Meanwhile Deputy Mayor-elect Wainewright Bethune, who won with two votes against Councillor Leroy James, said that whatever his designation, he is willing to serve his town. Bethune also noted that waste management will be one of the main focuses for the council in 2018.“There is a lot we did before, and we are doing. Some of those things are kind of dormant, so it is just to pick up from there and focus more on waste management which is a big issue in Linden…And generally all the basic municipality issues we have in and around here”, said Bethune.Councillor, Deron John was re-elected to continue his service in the capacity as the Head of the Finance Committee. Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)RelatedLinden municipality gifted 4500 gallons of paintMay 8, 2019In “Environment”Newly elected Mayors, Deputies sworn-inMarch 30, 2017In “latest news”Linden Council appoints junior Mayor and councillorsSeptember 2, 2018In “Local News”
A contract agreement about organisation of Men’s EURO 2012 in Serbia was signed today in Belgrade between Serbian Handball Federation and EHF. At the press conference spoke Serbian and European representatives followed by huge media interest. With this agreement is now definitely that EURO 2012 will be play in four Serbian cities – Belgrade (“Pionir” – 7.000 capacity – “Arena” 19.500), Novi Sad (“Spens” – 10.000), Vršac (“Millenium” – 5.000) and Niš (“Čair” – 5.000). The sports hall in Niš was a problem. Old “Čair” should be changed for a new multifunctional “Car Konstantin” sports hall, but due problems with a local government of Niš, this project is cancelled in the very last moment. A new plan is reconstruction of old “Čair”, who will response on all EHF standards after that. The ending date is September 2010.Tor Lian, president of EHF:– A long time ago, we started to work on EURO 2012. Since 2007, than 2008, when Serbia got a chance to organise, for us, the most important event, until qualification draw for EURO 2012 in last April. We are here again, 14 months before the start, to sign agreement with our partners from Serbia. We wish that in cooperation with them to make a fantastic tournament.Velimir Marjanović, president of SHF:– This is some kind of ceremony, but also, a public obligation for us. From the early start of this project, we have fully support of our Government and all sports institutions in our country. I want to thank to EHF for their act of understandings, because is our first candidature, with this four cities, after many problems, accepted. That is, normally, increasing our responsibility for all of our tasks. I hope that everything will be fantastic here and I am sure that 1,5 billion spectators around Globe will see Serbia and TOP European handball in the “right light”.EURO 2012 will be play from 17th until 29th of January 2012. Men’s EHF EURO 2012Tor Lian ← Previous Story The best goalkeeper ever, Thierry Omeyer: “Bašić was my inspiration” Next Story → Johanna Ahlm: “Norway, Montenegro and France for the medals”
YesNoI don’t knowVoteRead: 17 TDs admit they’ve had an alcoholic drink before going into the Dáil chamber I don’t know (3782) Yes (539) ON LAST NIGHT’S TV3 Midweek programme, it was revealed that at least 17 TDs have admitted to having an alcoholic drink before entering the chamber.Labour Chief Whip Emmett Stagg told the programme he had no issue with TDs having a drink.“If a TD has a pint or two I don’t think that’s a problem for me and I don’t think it’s a problem for the citizens of the country either,” he said.But is it ok with you?We’re asking: Is it ok for TDs to have a drink before going into the Dáil chamber? No (5660) Poll Results:
Le savon noir, un produit écologique et économique à redécouvrirFrance – Dans son ouvrage Comment faire des économies… avec l’écologie !, Jean-Marc Lorach propose divers produits et pratiques conciliant respect de l’environnement et économie. Zoom sur le savon noir, sans conséquence sur l’environnement contrairement à la plupart des lessives actuelles. Utilisé par nos grands-mères pour frotter le linge, le savon noir pourrait bientôt faire son retour en force. En plus d’être économique, il ne rejette aucune substance nocive pour l’environnement, contrairement aux détergents industriels et autres produits d’entretien vendus en grande surface.Le savon noir est biodégradable, il est fabriqué à partir d’huiles végétales de lin, d’olive et de colza notamment, ainsi que de potasse. Il a une teneur en acides gras naturels très élevée (38% en moyenne). Par contre, il ne faut pas le confondre avec l’autre type de savon noir, utilisé en cosmétique pour des gommages de la peau, souvent dans les hammams.Le savon noir dont nous parlons ici, bien que très polyvalent, ne peut pas être utilisé sur la peau. Il permet en revanche de prélaver le linge, voire de le laver en machine, il détache, dégraisse et protège les sols et les revêtements muraux, et peut s’employer sur toutes sortes de matériaux (marbre, carrelage, parquet, linoléum…) ainsi que sur les vitres et les plaques vitrocéramiques. Il a également la propriété de protéger les plantes de certains parasites comme les pucerons. Le 19 juin 2010 à 18:11 • Emmanuel Perrin
Olympique Marseille has agreed to terms with Valencia for the services of Italian striker Simone Zaza but decided to put it on hold for 48 hours, according to RMC Sport.Reports in France claim that Marseille were making a swoop for Simone Zaza who has dropped down the pecking order at Valencia.Now RMC Sport in France are suggesting the deal is done, on loan with the option to buy, and the player has also given the all-clear.However, Marseille are trying to keep their options open and are taking 48 hours before making a final decision.Serie A Betting: Match-day 3 Stuart Heath – September 14, 2019 Considering there is a number of perfect starts so early in the Serie A season, as well as a few surprisingly not-so perfect ones….This leaves Zaza in limbo, and he may well look elsewhere for alternative destinations.Apart from the Italian striker, another player linked to Marseille is a controversial figure and compatriot Mario Balotelli from Nice.Balotelli has started on a wrong note with Patrick Vieira casting doubts on his future at the club.
Almost a third (32%) of respondents do not plan on reviewing or adjusting existing defined contribution (DC) pension services for employees following the introduction of the pension flexibilities in April, according to research by Close Brothers Asset Management.Its latest Business barometer survey, which questioned 685 employers, also found that 34% of respondents do not know whether they need to review their current pension scheme for employees.The research also found:Just 13% of respondents plan to review their lifestyle of default fund in response to the pension reforms.13% are aware that they need to alter staff pension schemes to allow for cash withdrawal and flexi-drawdown.More than a quarter (26%) of large employer respondents (with a turnover of more than £10 million) will not be reviewing their DC pension service, compared to 42% of smaller organisations.Jeanette Makings (pictured), head of financial education services at Close Brothers, said: “What may have worked for employees in the past is simply not going to stand up against the new age of pension planning. As there are new options for savers to take, so should there be updated choices within the workplace scheme they have been paying into for many years.“Default funds may no longer provide the best investment strategy for those who don’t intend to use their pension to fully fund an annuity, so employers need to take steps to review what they have in place and ensure they are adapting accordingly.“Kick-starting communication around this, by speaking to staff to help them understand where and how their pension is invested and whether that continues to be the most suitable strategy for them is the first step.“Doing this, and reviewing existing funds, is not something that has to eat up resources, and there is always help and advice available. In the long term, both the businesses and their staff will benefit.”
Facebook0TwitterEmailPrintFriendly分享The Soldotna City Council voted in favor of extending the moratorium on commercial marijuana establishments within Soldotna City limits by forty-five days. According to the Planning and Zoning Commision the extension will provide sufficient time to complete the necessary steps to outline zoning amendments, establish a license review process, and consideration of taxation for commercial marijuana establishments. With the extension, no person will be able to submit an application for a land use permit, zoning permit or building permit for a marijuana business in the City of Soldotna before February 15, 2018, the new end date for the moratorium. The City Council passed the ordinance by a unanimous vote at this evening’s Council meeting. Stephanie Queen, acting City Manager, referred to the extension as a “safety net” to ensure the City has sufficient time to ensure all the necessary regulations and guidelines are in place.
Dan Cohen AUTHOR There still is time to recognize the accomplishments of defense communities and their installations. ADC has extended the nominations deadline for the 2016 Defense Community Awards program to April 8.ADC will present this year’s awards at the 2016 Defense Community Awards Luncheon that will take place at the Capital Hilton during the Defense Communities National Summit, June 20-22. Awards honor a community, installation, public official or military leader demonstrating leadership, innovation and excellence. Specific categories are:Base Redevelopment Excellence (2015 winner: March Joint Powers Authority, Riverside, Calif.)Community or State Excellence (2015 winners: The Dayton Development Coalition in partnership with the state of Ohio; and Fort Polk Progress, La.)Community or State Leadership (2015 winner: Steve Levesque, Executive Director, Midcoast Regional Redevelopment Authority, Brunswick, Maine)Congressional Leadership (2015 winners: Sens. Roy Blunt (R-Mo.), Tim Kaine (D-Va.) and Lisa Murkowski (R-Alaska); and Reps. Joe Courtney (D-Conn.) and Adam Smith (D-Wash.))Installation Excellence (2015 winner: 96th Test Wing, Eglin Air Force Base, Fla.)Military Leadership (2015 winner: Col. H. Charles Hodges Jr., installation commander at Joint Base Lewis-McChord, Wash.)Award criteria and other information are available on the ADC website.
David Parrish weeds his plot at C Street Community Gardens. (Henry Leasia / Alaska Public Media)On a recent cloudy afternoon, David Parrish yanked weeds from a patch of dirt where he’s been growing strawberries. He gardened barefoot, admiring an impressive harvest at a nearby plot run by a couple.Listen now“They fertilize like crazy,” Parrish said. “They’ve got something brewed up — I don’t know what it is — and it just goes bananas. So yeah you learn a lot from other people, just by walking around even if you don’t ever see ’em.”Parrish maintains two plots at a community garden in Midtown Anchorage — one of four such gardens run by the city’s Parks and Recreation department. He has managed to reserve plots the past five years, but that is exceptionally lucky.Across the city demand for plots is roughly twice the amount that’s available, which has created long waitlists for would-be gardeners. Parrish said he would like to see more gardens closer to where he lives.“It’s here and some places on the East side. There’s none on the south side. There’s none on the west side. So I think that would be the improvement is more options,” Parrish said.But Parks and Rec is working to provide more gardening spaces.At East 8th and Karluk near the Fairview neighborhood, a group of teenagers has been busy building 12 new raised beds. The work crew is part of Youth Employment in Parks (YEP), a program that hires Anchorage teens to complete park improvement projects.Margaret Timmerman, the community garden coordinator for Anchorage Parks and Recreation, supervised the construction of new beds at Fairview Park. She said that instead of creating new gardens in other areas of Anchorage, she is focusing on expanding the number of plots at existing gardens.“You know Field of Dreams, ‘We will build it and they will come’? You really have to make sure that’s going to happen,” Timmerman said.Youth Employment in Parks crews built 12 new raised beds for Fairview Park Community Garden. (Henry Leasia / Alaska Public Media)Although the municipality owns over 11,000 acres of park land, it can be difficult to find areas that have the right combination you need for a successful community garden: decent growing conditions, with access to water and public transportation.Two years ago, a professor at the University of Alaska in Anchorage created a community garden survey to help the Parks and Rec department understand residents’ needs. The results showed that the greatest need exists in East Anchorage, where there’s less space for private gardens next to peoples’ homes.But the east side of town is where most of the city’s community gardens are already located. According to Prof. Shannon Donovan, who ran the survey, there’s still a high demand from residents in the south and west parts of town, where many homes do have space for private gardens.“The city kind of needs to decide if they want to do both — look at putting gardens in places where there aren’t as many versus putting in more gardens where there’s been a real need and interest expressed,” Donovan said.Then there’s the issue of funding.“Most of the people who rent garden plots — it’s about 25 dollars a year. Right, so it’s not covering the cost,” Donovan said.Cook Inlet Housing Authority, Anchorage Community Land Trust and Catholic Social Services currently manage and maintain three of the city’s community gardens, which cuts costs for the municipality. Donovan said that these kinds of partnerships are essential for expanding the number of community gardens.Soon a sizable dent will be made in the waitlist for community garden plots. Anchorage Parks and Recreation recently received a federal grant to help develop Muldoon Town Square Park in East Anchorage. Next year they plan to build a community garden with 50 plots in the new park.
Gold prices rebounded to a two-month high on Friday, as a slew of positive factors such as weakening rupee, demand from jewellers and uncertainty over interest rate hike in the US in September, supported the yellow metal prices.In the domestic bullion market, the prices of gold rose sharply by Rs 480 to Rs 27,180 per 10 grams, recovering to over Rs 27,000-level again.Overall, the precious metal prices went up by Rs 2,200 in the past twelve consecutive sessions, recovering from a five-and-a-half-year low hit earlier this August.The rally is mainly driven by falling expectations over the interest rate hike by the US Federal Reserve in September, as inflation still remains below the required level for monetary tightening to begin. “Recent global market developments, together with the July Federal Open Market Committee (FOMC) minutes, which were perceived as dovish, suggest that the probability of a later liftoff has risen,” said Barclays Capital in a note.The July FOMC minutes released on Wednesday showed that some of the committee members still believe that inflation is still low to start raising rates. The dovish minutes resulted in weakening of the US dollar and pushing up the gold prices. “The market is now pricing in a 35-40 percent probability of the Fed hiking in September versus an earlier estimate of 55 percent,” said the note.Depreciation in rupee to two-year lows also underpinned the gold prices, as a fall in rupee value makes gold imports costlier. Besides, a pickup in demand from jewellers ahead of the wedding season has driven the gold prices higher.Further, the sell-off seen in global stock markets recently has helped the gold prices, due to its safe-haven status. Investors rush to buy the metal whenever concerns arise over the health of global economy.
Prime Minister Jawaharlal Nehru, the Nizam of Hyderabad and Major Jayanto Nath Chaudhuri after Hyderabad’s accession to India.WikipediaThe descendants of the Nizam of Hyderabad, Mukarram Jah and Muffakham Jah, are fighting a legal battle against the Pakistan government over the rightful inheritance of funds. The case, involving funds worth £35 million held with NatWest Bank in London, has reached a critical stage in the UK Royal Courts of Justice, PTI reported.Known as the Hyderabad fund, the initial amount deposited in the Royal Bank of Scotland and the National Westminster Bank was £1 million. The amount is believed to have been transferred by the Nizam of Hyderabad, Mir Osman Ali Khan, to the high commissioner in Britain as an aid to newly-formed Pakistan in 1948.The legal representatives hope that the dispute will be cleared after decades. “His Exalted Highness Nizam VIII and his younger brother have waited decades to receive what their grandfather gifted them. Pakistan has blocked access for 70 years and we hope the recent trial will mean a final resolution at last,” said Paul Hewitt.The case officially listed as ‘The High Commissioner for Pakistan in the United Kingdom versus seven others’ is presided over by Justice Marcus Smith. It includes claims by the Nizam’s ancestors, the Indian government and the President of India.The ‘central question’ according to the judge, Justice Marcus Smith, for the past two weeks of trial in the UK High Court involved the rightful owner of the late Nizam’s funds.India claims that the Nizam sought for a return of funds after he was asked to either join Pakistan or stay with India 1948. The Nizam had earlier claimed of forming a separate kingdom within the British Commonwealth of Nations.The amount was then deposited to the bank account of the High Commissioner of Pakistan, Habib Ibrahim Rahimtoola, and NatWest held onto the amount.According to reports, a document of the case reveals that the transfer of funds took place during the military operation in September 1948 when the Indian troops invaded the princely state.It is also claimed that since the amount was deposited three days after the state acceded to India on September 17, 1948, the money belongs to India. Other claims of the amount being Nizam’s personal money and its legal ownership lying with the descendants as per the principles of natural justice was also earlier mentioned.India said the amount was deposited by a delegation of officials of Hyderabad three days after the state acceded to India on September 17, 1948, and hence, the money should belong to India.In 1957, the House of Lords had suggested an out-of-court settlement between Pakistan, the Nizams and the bank. The judgment in the case is expected in six weeks’ time, reported PTI.
X On Wednesday’s Houston Matters: Pres. Trump will make several stops in Texas today, including in Crosby at the International Union of Operating Engineers International Training and Education Center. News 88.7’s Florian Martin is following the president today and will have updates on his visit.Then, Blue Cross/Blue Shield of Texas plans to partner with a health care provider to open ten clinics in the Houston and Dallas areas. We examine what it means for the state and what the trend means for the health care industry.Also this hour: Our local experts break down the latest political stories in our weekly Political Roundup. Plus, activist and scholar David Dow discusses his first novel, Confessions of an Innocent Man.And Houston Public Media’s Ernie Manouse interviews Houston native Bruce Lumpkin, whose returned to direct a revival of the Broadway musical Nine at Art Factory Houston. We offer a daily podcast here, on iTunes, Stitcher and other podcasting apps. This article is part of the Houston Matters podcast Share Listen 00:00 /50:49 To embed this piece of audio in your site, please use this code:
OTM is an excellent exhibition because we have been able to meet quite a good number of buyers and visitors. The show has been organised very appropriately. We also look forward to participate next year, probably even in a bigger way because our B2B meetings during the show have been extremely fruitful.