OTTAWA – NDP leadership contenders vying for the same job found some common ground Tuesday night in their vociferous opposition to Saskatchewan Premier Brad Wall and Manitoba Premier Brian Pallister on carbon pricing.Their fifth leadership debate, held in Saskatoon, marks the beginning of the last half of the race for a party hoping to rebuild and grow following the painful results of the 2015 election including in western Canada.Candidates Manitoba MP Niki Ashton, Quebec MP Guy Caron, Ontario MP Charlie Angus and Ontario legislator Jagmeet Singh all took aim at Wall for his strident opposition of Ottawa’s plan to put a price on carbon emissions.The premier has vowed to go to court if the province is forced to adopt it.Angus said Tuesday the Saskatchewan premier fails to acknowledge the 20th century is over, noting that as NDP leader he would personally favour adopting a legislated carbon budget to reduce emissions.“The guy, no offence, but he is like the man violently defending the future of the typewriter when everyone else has moved to cell phones,” Angus said, adding he will work with any government on the Prairies willing to diversify its economy.“We have an enormous renewable potential in Saskatchewan and Alberta.”For her part, Ashton came out swinging against the conservative in the province next door — Pallister.“Coming from Manitoba, I can say my premier, Brian Pallister, doesn’t speak for me and I’m venturing to guess a lot of people here in this room don’t feel that Brad Wall speaks for them,” she said.Pricing carbon is necessary to fight climate change but a one-size-fits-all approach won’t work when it comes to implementing a carbon plan, Singh said.“We need to also know that every province is different so we have to approach that,” he said.Singh said a proposal outlined in his climate change plan includes working with each province to explore solutions. He has also vowed to reduce carbon emissions to 30 per cent of 2005 levels by 2025 — five years ahead of the current Liberal target.“My plan also proposes if we are going to bring in a carbon tax, it has to be twinned with rebates to low and middle income families so they are not disproportionately impacted which we know will happen otherwise,” Singh said.Pallister and Wall are wrong, Caron added, noting it says something when the Canadian Association of Petroleum Producers and the Mining Association of Canada are open to carbon pricing.“This is the type of thinking that left us behind and lagging behind most of the European countries on this,” Caron said.Ashton and Caron have both forcefully opposed the Kinder Morgan pipeline proposal to carry oil from Alberta to British Columbia, but have yet to unveil their full climate plans.At the beginning of Tuesday’s debate — the only event of its kind in the Prairies during the course of the race — the leadership candidates acknowledged the province is the birthplace of the NDP.It currently holds three seats in the province including Regina New Democrat MP Erin Weir.Prior to the debate, Weir called on candidates to explain how they would help make carbon pricing work for Saskatchewan’s resource-based economy.The next NDP leadership debates is slated for August in Victoria and Montreal as well as in Vancouver in September.Online voting in the leadership race will begin on Sept. 18, with results to be announced in October after each round of balloting.—Follow @kkirkup on Twitter
Hosted by ARIA Resort & Casino, the 13th Annual Michael Jordan Celebrity Invitational (MJCI) returns to Las Vegas’ Shadow Creek April 3 – 6 featuring celebrity favorites plus first-time attendees including actors Ray Romano, Luke Wilson and Jesse Metcalfe, GRAMMY Award-winning R&B trio Boyz II Men and Pro Football Hall of Famer Eric Dickerson.The new participants will join MJCI standout veterans including host Michael Jordan, Marcus Allen, Brian Baumgartner, Roger Clemens, Wayne Gretzky, Ken Griffey, Jr., Penny Hardaway, Brody Jenner, Toni Kukoc, Mario Lemieux, Christina Milian, Jake Owen, and Aaron Rodgers as they swing for a cause.In its fourth year in Las Vegas, MJCI will gather dozens of celebrities for four days of star-studded events and golf at ARIA and Shadow Creek. Additional celebrity and athlete participants include defending champion Ozzie Smith, Jerome Bettis, Brandi Chastain, Chris Chelios, Josh Freeman, Dan Jansen, Janet Jones-Gretzky, Jonathan Ogden, Paul O’Neill, Mike Piazza, Ahmad Rashad, Stuart Scott, Bruce Smith, Jason Taylor, Alan Thicke and Winky Wright.The Celebrity-Amateur tournament, which pairs one celebrity with four amateur participants, will take place Thursday, April 3 and Friday, April 4. The MJCI two-person, 36-hole scramble format tournament, which includes only competing celebrities, will take place Saturday, April 5 and Sunday, April 6.Since its inception in 2001, MJCI has raised nearly $7 million for charities including this year’s beneficiaries Make-A-Wish, James R. Jordan Foundation, Keep Memory Alive, Opportunity Village and Cats Care, the NBA’s Charlotte Bobcats’ charity arm.Tickets are now on sale and available at all 10 MGM Resorts’ box offices and concierge desks in Las Vegas, and online at aria.com, mjcigolf.com and shadowcreek.com. Fans who wish to experience this exclusive event can purchase daily or weekly general admission and VIP ticket packages. VIP guests will enjoy added perks including free general admission parking at Shadow Creek (a $10 daily value), unparalleled views from the open-air Jordan Brand VIP Hospitality Deck, complimentary food and full-service bars.Discounted tickets are available for military service members, senior citizens 65 years of age or older and college/university students with valid identification. Each group will receive 25 percent off daily or weekly general admission tickets. Additionally, the tournament offers a “Bring the Kids for Free” general admission ticket pass which provides access to Shadow Creek for youth 17 years of age and younger when accompanied by a general admission ticketed adult (up to two children per paid adult).All ticketholders can enjoy complimentary shuttle service between ARIA and Shadow Creek. Shuttles will depart every 30 minutes from ARIA’s North Valet entrance Thursday and Friday of the tournament from 6 a.m. – 2 p.m. and Saturday and Sunday from 7:30 a.m. – 2 p.m. Continuous return service from Shadow Creek to ARIA will be provided until 7 p.m. Thursday and Friday, and 5 p.m. Saturday and Sunday.Source:PR Newswire
REGINA — Saskatchewan Premier Brad Wall says the government is reconsidering legislation that allows up to 49 per cent of a Crown corporation to be sold without that being considered privatization.Wall says Saskatchewan Party politicians have been hearing concerns from people across the province about the law passed in the spring.“There’s a considerable view out there that folks believe that any change in ownership — even if it’s five per cent ownership in a Crown — constitutes privatization,” Wall said Wednesday.When the government introduced the legislation last fall, Wall argued that it would protect a Crown because the government would keep majority control. He said the move would allow for partnerships that could help develop the business.“I was certainly of the view that the people of the province would see a partnership that did not lose majority control for the people of Saskatchewan as just that — and not a privatization where you’ve lost control and you can’t control the head office,” he said.“But, you know, to the extent that I may not have read that correctly on behalf of the people that own the Crown corporation, we’re going to find out. We’re going to continue to do the work and be responsive to that.”Some critics have said the government was looking at a potential sale of SaskTel, the provincially owned telecommunications company, because the province is trying to bring down a $1.3-billion deficit from last year.The takeover of Manitoba Telecom Services by Bell leaves SaskTel as the last regional carrier in Western Canada and makes it vulnerable.“It’s not for sale. It’s certainly open to partnerships, as of right now. There is no particular proposal on the table, as far as I know,” said Wall.“Here’s my priority for SaskTel: it’s not an ownership structure change, frankly. Right now the priority for SaskTel is to improve coverage for this province.”
Ariyaratne applauds Xinhua’s efforts to build such an information outlet and business connection mechanism to help Belt and Road investors access all-around trade and investment information about China.Ariyaratne is particularly interested in the trade matching platform and credit reporting service provided by Xinhua Silk Road, which she believes would help trade and investment grow between China and Sri Lanka. Xinhua News Agency, China’s official news outlet, provides quality news and reliable information products, Ariyaratne said after the launching ceremony. The South Asian country now mainly exports tea and gems to China and has received a growing number of Chinese tourists in recent years. With the launch of Xinhua Silk Road, Ariyaratne expects more Chinese enterprises to invest in Sri Lanka and to export industrial goods such as iron ore and steel to her country. “The information provided by Xinhua Silk Road is very important to businesses in our country, especially the English version which helps overcome language troubles for us in accessing information about China,” Ariyaratne told Xinhua. Xinhua’s new Silk Road information service is providing Sri Lanka with much-needed information to promote its exports to China, Sri Lanka’s Commercial Counselor to China Ruwanthi Ariyaratne said.The China Economic Information Service, a unit under China’s state-owned Xinhua News Agency, Thursday launched its latest Xinhua Silk Road information service in both Chinese and English, which will be committed to providing investment and trade information to enterprises from China and the Belt and Road countries and regions.
Nepal is experiencing a “grave human rights crisis” marked by killings of civilians, disappearances, torture and crimes against children, according to a report by the United Nations High Commissioner for Human Rights which says its office there can contribute to fostering peace in the troubled country.The report documents how human rights abuses are going largely unpunished in Nepal, where Maoists have been waging war since 1996 and the King has been exercising all executive authority since dismissing the Government in February. “In the few instances of which OHCHR-Nepal is aware, disciplinary action taken by State authorities to secure accountability for violations was limited, given the severity of the violations in question,” it says.The Maoist forces have reportedly engaged in summary executions, the killing of civilians, abductions, torture, extortion, forced recruitment, the bombing of civilian buildings and the recruitment of children, as well as serious economic and related disruption suffered by the general population resulting from forced general strikes, according to the report. The leadership has taken disciplinary action against some personnel responsible for violations and has assured OHCHR-Nepal of its full cooperation.The report flags concern about the abduction and conscription of children and limitations on their access to education. Violence against women and abuses of Dalits and members of indigenous nationalities, human rights defenders, journalists, leaders of political parties and internally displaced persons is also prevalent.The UN human rights office will eventually have 50 international staff with a presence in Kathmandu and four other towns. Mandated to foster a climate of trust through consultations and dialogue, it can contribute to “the lasting peace that is hoped for by the people of Nepal, and that is the essential foundation for the long-term protection and promotion of human rights in the country,” the report states.
by Kimberly Pierceall, The Associated Press Posted Dec 6, 2014 10:48 am MDT AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to RedditRedditShare to 電子郵件Email LAS VEGAS, Nev. – The latest ‘What Happens Here, Stays Here’ Las Vegas ad campaign features a familiar musical act from, well, right here.Indie-rock band Imagine Dragons has teamed up with the Las Vegas Convention and Visitors Authority for the latest ad from firm R&R Partners.One is selling a destination.The other is selling a forthcoming as-yet-unnamed album.The creative crew for R&R tasked with keeping the ad campaign fresh, had their idea: two ads, one with a man, the other a woman, who both crisscross through Las Vegas scenes running into each other pool-side, or amid a fire-breathing variety act, at a 1920s-themed nightclub and a concert venue.Then, about two months ago, the hometown band Imagine Dragons came along with their newest single, “I bet my life.”The quickly conceived commercials that debut Monday were shot on location at SLS Las Vegas and MGM Grand casino-hotels. They cost $1.2 million to produce and will cost the Las Vegas tourism agency an additional $7.6 million to buy national air time on NBC, ABC, FOX, E!, Bravo, Food Network, USA, Travel Channel, Comedy Central and several others.Come spring, Chicago, Dallas and Houston should expect to see the spots a bit more than most.“We’re in debt to Vegas,” said Dan Reynolds, the band’s lead singer and a Las Vegas native, in interviews filmed by R&R. “We really owe everything to Vegas.”Imagine Dragons sold more than 3.9 million copies of its 2012 debut album “Night Visions” which included Grammy-award winning single “Radioactive.”Rob Dondero with R&R Partners, who leads the team that sells Las Vegas to the world, said the spots’ messages are simple.“Las Vegas is a place where anything can happen,” he said.The destination has been relying more and more on entertainment that doesn’t involve taking an actual gamble, and the ads don’t show a single slot machines or casino floor.Caroline Coyle, the visitor’s authority vice present of brand strategy indicated that wasn’t on purpose and said the campaign’s goal isn’t to highlight one particular aspect of Las Vegas.“We really like to evoke just a feeling for Vegas,” she said. New ‘What Happens Here, Stays Here’ ad features Las Vegas locals Imagine Dragons, new single In this Oct. 14, 2014 photo from the Las Vegas Convention and Visitors Authority, actors and crewmembers record a segment of a dual-purpose ad video – to promote both Las Vegas and indie-rock band Imagine Dragons and its upcoming as-yet-unnamed album, at the MGM Grand hotel and casino in Las Vegas. (AP Photo/Las Vegas Convention and Visitors Authority)
Image: Shutterstock/fongbeerredhot By Stephen McDermott https://jrnl.ie/4610561 Short URL Share Tweet Email1 Tweet thisShare on FacebookEmail this article IRISH CITIZENS OR residents who commit serious offences in other jurisdictions will be liable to be prosecuted in Ireland under a new law which comes into effect from today.The Criminal Law (Extraterritorial Jurisdiction) Act will allow the State to take action against those who commit a range of offences, including murder, manslaughter, rape, sexual assault, assault, and threats to kill or cause serious harm.The Minister for Justice and Equality, Charlie Flanagan said that the passing of the law enabled Ireland to ratify the Istanbul Convention.The convention, which aims to combat violence against women and domestic violence, was signed by Ireland in November 2015, but was only ratified last month.“The commencement of this Act signifies that Ireland is committed to our international obligations and that we are steadfast in our efforts to combat violence against women and all forms of domestic violence,” Flanagan said.“These new provisions can now be used to tackle violent crimes committed by Irish citizens and residents abroad.”The Act was signed into law by President Michael D Higgins on 5 March this year, and allowed Ireland to ratify the Istanbul Convention on International Women’s Day on 8 March. Monday 29 Apr 2019, 7:18 AM Irish citizens who commit serious offences abroad will be open to prosecution from today The law enables Ireland to ratify the Istanbul Convention. Image: Shutterstock/fongbeerredhot 20,703 Views Apr 29th 2019, 7:18 AM 23 Comments
More on Airbus The history of Airbus under one huge roof On the road with an Airbus A380 Fly halfway around the world on Airbus’ newest A350 Airbus to end production of A380 Airbus shows off rebranded A220 airliners During the earliest days of the commercial jet age in the 1960s, the global aviation market was dominated by two American companies: Boeing and Douglas Aircraft (later McDonnell Douglas). Airliners like the Boeing 707 and the Douglas DC-8 rocketed between continents, making the world smaller and allowing people to fly who had never done so before.Air France’s first A300 flight was from Paris to London. Airbus But as the decade closed, just as the massive Boeing 747 first took to the skies, Europe wanted in. Though France, the UK and the Netherlands were building their own jets like the elegant Caravelle and the mighty VC-10, most European airliners were still buying American planes. Realizing that they needed to combine resources if they were to compete, several British, French and German companies, including the two firms that built the Concorde, formed Airbus 50 years ago Wednesday, May 29. And almost five years later on May 23, 1974, its first aircraft, the Airbus A300, entered service with Air France.An A300 that formerly flew with Pan Am is on display at the Aeroscopia Aeronautical Museum (Musée Aeroscopia Aéronautique) in Toulouse, France near Airbus headquarters. Kent German/CNET Europe strikes backWhen it first flew in 1972, the A300 was designed to compete squarely with the Douglas DC-10 and the Lockheed L-1011. Also a wide-body aircraft, it could carry a similar passenger load (around 266) on short- and medium-range routes within Europe. But unlike its trijet American rivals, the A300 had only two General Electric CF6 engines, making it cheaper to operate.A300s under construction at Airbus’ main assembly plant. Airbus Like all subsequent Airbus planes, sections of the A300 were produced throughout Europe and ferried to the company’s final assembly plant in the southwestern French city of Toulouse. Though eventually entire A300 sections would be transported in Super Guppy freight aircraft, the prototype aircraft was driven to the factory in a convoy through tiny French villages. It was an unusual scene that would become a normal occurrence when Airbus started building the A380 in 2007. Share your voice Tech Industry 1 Airbus Tags After an initial burst of sales in Europe and Asia, A300 sales slowed in the mid-1970s. Airbus even took the plane on a world tour to promote it to airlines. But the A300 got a break in 1978 when Eastern Airlines became the first US customer with an order for 23 planes. Pan Am followed the same year, giving Airbus a foothold in a critical market. 37 Photos Comment 1:06 Now playing: Watch this: That initial success went on to birth an Airbus family. A shortened version of the A300, called the A310, flew in 1982. Airbus later adapted the A300 into the BelugaST transport aircraft. Later, in the 1990s, it also adopted the longer range A330 and A340 into the BelugaST. (The giant double-decker A380 is another beast, literally, altogether.)For its Golden Anniversary today, current Airbus planes joined France’s Patrouille de France aerobatic demonstration team for a formation flight. Airbus The A300 also changed as it progressed. Initially it had a three person flight crew — pilot, co-pilot and engineer — but later versions eliminated the flight engineer position. Also, while A300 pilots used control columns to fly the plane, Airbus cockpits later adopted sidesticks for control starting with the short-range A320 in 1987.Today the A300 is out of production and though most passenger versions have left service, FedEx and UPS still operate fleets of the successful A300 freighter. An A300 also flies with the European Space Agency as a zero gravity training aircraft. But the A300’s biggest legacy is Airbus’ success as an airplane manufacturer. Because now its Boeing, which absorbed McDonnell Douglas in 1997, and Airbus that are locked in a fierce rivalry. (But that didn’t stop Boeing today from wishing Airbus “Happy Birthday.”)It took time, but Europe definitely caught up.
Tandur: ‘Intintiki TRS’ programme was organised in wards 14, 15, 16 here on Wednesday. Under the leadership of party town wing president Rauf, former municipal chairperson Kotrika Vijayalakshmi, Raju Goud, Harihara Goud enquired with people whether the welfare measures taken up by the state government were reaching every household. Rauf said he would strive for the development of the town with the help of MLC Mahender Reddy and MLA Rohit Reddy.
The Commodore 64 was a great 8-bit machine, and the second computer of my youth (Commodore 16 was the first). The C64 managed to out perform business class computers of the day on graphics while remaining relatively affordable. That meant kids got them for Christmas and video games were a favorite on the system. For some it was also the first time they got a taste for programming by entering BASIC code and getting simplistic programs running.The machine went through a number of revamps ending with the C64 Games System in 1990 which was meant to take on the NES and Master System. After that, it became a part of history never to be put on sale again, or so we thought.AdChoices广告The Commodore 64 is set to make a comeback in 2011 it seems. It looks almost exactly the same as the original unit, but the hardware inside is very different and a few decades more powerful. It has also been renamed the C64x.What Commodore USA has done is fitted a Mini-ITX board inside the casing allowing a modern OS such as Windows or Linux to be run, but also they managed to include a Commodore operating system for that authentic experience.When you boot the C64x a menu appears allowing a choice between the Commodore OS or your modern OS of choice. Loading Commodore OS 1.0 gives you access to C64 emulation, a classic selection of games, productivity apps, and lots of open source software. It looks like that option may only come later, though, and for now the machine ships with a copy of Ubuntu 10.04.So how does this new model compare to the original? For pure processing power, graphics performance, and sound capabilities the new C64x easily wins:C64 (Price: $595 in 1982, the equivalent of $1367 today)0.985MHz 8-bit MOS Technology 6510 processor64KB RAM (38KB for BASIC programs)MOS Technology VIC-II graphics chip (16 colors, 112 sprites maximum)MOS Technology SID sound chipC64x (Price: starting at $595)1.80GHz Intel Atom processorUp to 4GB RAMNvidia ION2 graphcis chip (unlimited sprites we’d guess)Realtek 6-channel HD audioWhile the original has ports for a cartridge expansion, composite video, serial bus, tape interface, and a user port for modems, the new model has what you’d expect from a modern machine including a card reader, USB ports, Gigabit Ethernet, DVI, VGA, and HDMI.How much you pay for a C64x depends on the model you choose, with 5 being on offer (Barebones, Basic, Standard, Deluxe, Ultimate). The options per model include more RAM, a DVD or Blu-ray drive, and larger hard drives. The Barebones unit only gives you the case, chassis, keyboard, and card reader and costs $250. A usable system shoots the price up to $595 for the C64x Basic, and then prices escalate right up to the C64x Ultimate at $895.Here’s a breakdown of all the options:The advantage of purchasing the C64x Barebones is you can fit whichever Mini-ITX board you want allowing for a completely fanless solution if you desire, or something more meaty than an Atom chip.Ultimately, what you are being offered here is a modern machine, but with a retro feel. That’s going to appeal to a lot of original C64 owners, but it may also make for a good way to introduce your kids to the world of computers in the same way you experienced it, only with 2011 levels of performance on offer.Read more at Commodore
Technology | Flat Panel Displays | November 28, 2018 LG Unveils New Diagnostic Monitor, Digital X-ray Detectors at RSNA 2018 LG Electronics is expanding its U.S. medical imaging portfolio with a new high-performance 21-inch diagnostic monitor… read more Image courtesy of TRU-Vu MonitorsSeptember 4, 2015 — TRU-Vu Monitors has launched a new line of 24-inch HD surgical LCD monitors and touch screens.The new MM-24 Series monitors were designed to provide surgeons and medical staff with vivid full HD-quality color video images and 178° x 178° viewing angles to enhance their ability to make critical decisions quickly and accurately.All models feature rear VESA holes to conveniently mount to any boom arm or medical cart. A variety of digital video inputs ensures compatibility with endoscopic, laparoscopic and other cameras, and a wide range of other medical imaging systems and operating theaters.The MMZBTP-24 Series surgical touch screens feature a projected capacitive-type touch screen. These provide multi-touch capability and can be activated with surgical gloves or exposed fingers. The modern zero-bezel edge-to-edge front glass design enhances visibility and simplifies cleaning.Both the monitors and touch screens are UL 60601-1 listed and comply with current CSA and EIN 60601-1 safety regulations relating to medical applications.For more information: www.tru-vumonitors.com FacebookTwitterLinkedInPrint分享 Technology | Flat Panel Displays | December 06, 2018 USEI Introduces Windows-Based iPad Medical Imaging Viewing Solution at RSNA 2018 U.S. Electronics Inc. (USEI) recently announced the release of what it calls the world’s first Windows-compatible… read more Photo courtesy of Barco Photo courtesy of US Electronics Technology | Flat Panel Displays | September 04, 2015 TRU-Vu Monitors Launches 24-inch HD Surgical Monitors and Touch Screens New displays enhance viewing ability in the operating room Related Content The DBI CL8MPS from Double Black Imaging News | Hybrid OR | October 24, 2018 IMRIS, Siemens Strengthen Collaboration in Hybrid OR Neurosurgical Market IMRIS, Deerfield Imaging, in partnership with Siemens Healthineers, announced a strengthened collaboration to advance… read more 50 Years of Innovative Visual TechnologyEIZO, which means image in Japanese, is a visual technology company that develops and manufactures high-end display solutions. 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News | Flat Panel Displays | June 18, 2019 Double Black Imaging Announces Expanded Display Line and Ergonomic Workstation Solutions Double Black Imaging (DBI) and their Image Systems Division are releasing their new clinical and diagnostic display… read more Sponsored Content | Videos | Flat Panel Displays | December 25, 2018 VIDEO: 50 Years of Innovative Visual Technology EIZO, which means image in Japanese, is a visual technology company that develops and manufactures high-end display s read more Technology | Flat Panel Displays | May 17, 2019 Tru-Vu Monitors Releases New Medical-Grade Touch Screen Display Tru-Vu Monitors released the new MMZBTP-21.5G-X 21.5” medical-grade touch screen monitor. It is certified to both UL… read more Sponsored Content | Videos | Flat Panel Displays | September 26, 2018 LG Medical Monitors Leveraging years of industry-leading expertise in flat-panel display technology, LG Business Solutions has expanded t read more LG Medical MonitorsLeveraging years of industry-leading expertise in flat-panel display technology, LG Business Solutions has expanded their medical imaging device portfolio of the most accurate displays possible.SharePlay VideoPlayMuteCurrent Time 0:00/Duration Time 4:57Loaded: 0%0:00Progress: 0%0:00 Progress: 0%Stream TypeLIVERemaining Time -4:57 Playback Rate1ChaptersChaptersdescriptions off, selectedDescriptionssubtitles off, selectedSubtitlescaptions settings, opens captions settings dialogcaptions off, selectedCaptionsdefault, selectedAudio TrackFullscreenThis is a modal window.Caption Settings DialogBeginning of dialog window. 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News | Oncology Diagnostics | February 06, 2019 Oxford University Hospitals Employs Barco Synergi for Multi-disciplinary Cancer Conferences Oxford University Hospitals (OUH) is trialing clinical collaboration technology from Barco for its Multi-disciplinary… read more Feature | Flat Panel Displays | April 11, 2019 | By Melinda Taschetta-Millane Flat Panels to Help Enhance and Streamline Workflow The flat panel display market shows signs of maturing, however many new applications are available that can help to s read more Feature | Flat Panel Displays | April 18, 2018 | Melinda Taschetta-Millane Flat Panel Display Market Outlook The global flat panel display market is predicted to reach $177.3 million by 2027, according to a new report titled “… read more
Share Fannie Mae Investors National Association of Realtors Second Homes 2014-06-20 Scott_Morgan in Daily Dose, Data, Headlines, News Given that nearly all the news about the homebuying market these past few years has focused on tight markets, lower-than-expected activity, and mortgages that keep circling the drain, it may seem easy to overlook a basic question—is anyone buying second homes these days?As it turns out, yes. According to a new Fannie Mae report, those with the means are taking advantage of low-interest mortgages and stagnant inventories in Florida, California, Arizona, and other vacation markets to purchase second homes.These homes, which are neither investment properties nor primary residences, have on average made up 4.76 percent of the total purchase mortgage market since 1998, and according to Fannie, that percentage has grown in recent years.The recession, of course, badly wounded second home purchases, but contrary to popular thought, the drop in purchases didn’t last long: “Americans still aspire to buy second homes and have contributed to the growth of the market consistently since its bottom in 2009,” said Fannie Mae’s business analyst David Kopita. And according to the National Association of Realtors (NAR) vacation-home sales jumped almost 30 percent, from roughly 553,000 in 2012 to 717,000 in 2013.According to NAR, the average second home buyer is 47 years old and part of a two-income household. Nearly two-thirds finance their purchases, though most made large down payments to help keep their mortgages even lower.NAR attributes the upswing in vacation homes to healthier equity markets that, according to the group’s chief economist, Lawrence Yun, “has greatly benefited high-net worth households.”According to Fannie, many in the banking industry are taking the increased interest in vacation home purchases as a sign of better times and a budding niche, after years of strangulating new lending regulations and fears of ever writing another loan that might feasibly default. The easier breath is based in the idea that second home buyers are by nature more flush individuals who have better odds of successfully paying down loans.The hottest second home markets are exactly where they should be—Florida, California, and Arizona, where price declines were at their highest. These markets averaged roughly 43 percent drops in home prices between 2006 and 2012, making them ripe for the picking for those with the financial wherewithal to buy.Consequently, the big allure might have less to do with vacationing and more to do with investment: After taking a beating in the stock market, investors have finally realized the age-old way of building wealth lies in real estate, especially when mortgage rates are so low. Fannie Spotlights Second-Home Buyers June 20, 2014 453 Views
in Daily Dose, Headlines, News, Origination June 26, 2016 539 Views In April, pending home sales hit their highest level in more than a decade. Will they continue to rise in May, or will they fall back down to earth? The industry will find out when the National Association of Realtors (NAR) releases its Pending Home Sales Index for May 2016 this Tuesday, June 28, at 10 a.m. EST.The NAR’s Pending Home Sales Index (PHSI), which is based on contract signings, rose by 4.6 percent year-over-year in April to a figure of 116.3 and have now increased year-over-year for 20 consecutive months. April’s level was the highest for the PHSI since February 2006, before the crisis, when it was 117.4.Existing sales continued upward by 1.7 percent in April and another 1.8 percent in May up to an annual rate of 5.53 million, and the strong PHSI report plus low mortgage rates suggest a continuing steady recovery through the summer. However, the long-term weakness among first-time buyers continues to dampen all sales in 2016.”(The April PHSI) report rounds out a triple crown of April home sales reports with existing home closings, new pending contracts, and new home sales all solidly up as the spring buying season ramped up,” said Realtor.com Chief Economist Jonathan Smoke. “Across these metrics, the pace of total home sales is up more than 10 percent over last year, putting 2016 in the pole position to earn the standing of the best year in a decade. Overall, the report is a clear indication that this spring buying season is truly the best in a decade.”Though it won’t be reflected in May’s housing reports, it will be interesting to see how last week’s Brexit vote will affect housing in the U.S. Some economists are predicting that mortgage interest rates, which are already near historic lows (3.56 percent for 30-year fixed-rate mortgages, according to Freddie Mac last week). Greg McBride, chief financial analyst with Bankrate.com, told DS News that “Mortgage rates will tumble, possibly hitting new record lows. If you’re a borrower, don’t wait to lock in your rate, as this opportunity may not last long.” NAR Chief Economist Lawrence Yun said, “Demand for U.S. real estate could rise.”GDP—Bureau of Economic Analysis—Tuesday, June 28, 8:30 a.m. ESTThe Bureau of Economic Analysis will release its third and final estimate for first-quarter growth of the U.S. Gross Domestic Product (GDP). Since the recession, the first quarter has generally been brutal for the GDP, and 2016 has been no exception. The advance estimate for Q1 released in late April came in at 0.5 percent, while the second estimate for Q1 released in late May came in somewhat improved but still weak at 0.8 percent.Housing has not necessarily suffered because of the weak GDP growth in Q1, however.“Real GDP has been on a downward trend since the second quarter of 2015 (growth: 3.9 percent), a result of slower or negative growth in personal consumption spending, private investment, and exports,” said Carmel Ford of the National Association of Home Builders (NAHB), in late May. “It is important to note that although overall private investment has dropped, residential fixed investment growth has accelerated. The residential fixed investment component of GDP grew at a seasonally adjusted annual rate of 17.1 percent in the first quarter, up from 10.1 percent in the fourth quarter of 2015. This GDP component includes the construction of new single-family and multifamily units, remodeling, and other activities related to housing.”While the sentiment for most of the year among economists and analysts was that the Fed would raise rates again in June, the forecasted June rate hike did not happen and a series of recent economic headwinds that include a weak May jobs report (only 38,000 jobs added) and the U.K.’s exit from the European Union have made it unlikely that the Fed will raise rates again for several months.This Week’s ScheduleTuesday, June 28GDP Report, Third and Final Q1 2016 Estimate, Bureau of Economic Analysis, 8:30 a.m. ESTCase-Shiller Home Price Index for April 2016, 9 a.m. ESTConsumer Confidence, the Conference Board, 10 a.m. ESTWednesday, June 29Pending Home Sales Index for May 2016, National Association of Realtors, 10 a.m. EST Share National Association of Realtors Pending-Home Sales 2016-06-26 Seth Welborn The Week Ahead: Can Pending Home Sales Maintain Momentum?
Go back to the e-newsletterWorks on the runway at Bauerfield International Airport in Vanuatu have commenced according to schedule, with the first shipment of materials arriving at the airport.New Zealand company, Fulton Hogan, which was awarded the 56-day contract in February, has confirmed that repairs are on track to meet the completion deadline of 6 April 2016.Air Vanuatu, Fiji Airways and Aircalin are continuing all scheduled flights as normal to the airport while construction is in progress. The airlines remain satisfied, after each completing independent assessments and implementing continuous maintenance and monitoring, that the condition of the runway is safe to continue jet operations.Airlines that temporarily suspended flights last month will conduct assessments after the work is complete in April before confirming the recommencement of their flight schedules.Airports Vanuatu Limited (AVL) chief executive officer, Jason Rakau, said AVL has been working well with key stakeholders to ensure that works are carried out in a coordinated manner and without delay.“I can assure the public that the runway fix is top of AVL’s priorities right now and that all available resources are being made available to assist and to ensure that Fulton Hogan meets their deadline,” Mr Rakau said.“We are very happy with the great show of support so far from Air Vanuatu, Ifira Stevedoring, the Vanuatu Project Management Unit (VPMU), Vanuatu Customs and Inland Revenue, the Civil Aviation Authority of Vanuatu (CAAV), the Ministry of Infrastructure and Public Utilities (MIPU), and Vanuatu Terminal Services Limited (VTS), amongst other local organisations, and appreciate the assistance provided to the AVL and Fulton Hogan teams in getting things done on time.“I believe the tremendous show of support from local industry is a reflection of our nation’s strong commitment towards remedying the current situation without delay.”Go back to the e-newsletter
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