Course correcting the economy

first_imgA majoritarian government with a thumping mandate has its work cut out. There is no time to fumble or experiment, the Narendra Modi government has to urgently sow several gaping holes in the economy that are causing economic distress. Modi’s mixed crew of new and old have the undaunting task of getting the economy back on track. Kickstarting growth is essential and it will entail a synchronised working of several ministries within the government. Also Read – A staunch allyModi 2.0 may have been voted back to power for a lot of things but economic progress is hardly one of them. In his first tenure, India’s GDP is slowing in every quarter (a steep drop of almost 2 per cent), FDI as a percentage of GDP was worryingly lower than in 2006, and joblessness was at a 45-year high. Less investment, high unemployment also means muted domestic consumption. One of the biggest indications of a stymied economy is the lack of domestic consumption. Also Read – Cuban pathosThe people of India who had voted for Modi’s ‘vikas’ in 2014 have once again reposed faith in his government to fix issues; there are several of them. Today, the economy is in a virtual coma requiring resuscitation. If the government once again resorts to AEDs such as the blundering demonetisation, it would end up flatlining the economy instead. It is time for hardnosed economists and policymakers to take up the reins of the economy, helping and guiding the country out of this economic mess. The government needs to quickly set its course within the first 100 days – jumpstart private investment, encourage demand, simplifying tax structures and their compliance. With the Budget likely to be tabled in July, it is also time for the government to put back money into the hands of the people by reducing their personal tax burden. A look at the 20-40 per cent drop in auto sales and the consequential reduction of the production of automotive giants shows the true picture. Indian exports need a leg-up and India must take advantage of the US-China stalemate. The government must urgently spell out reforms in labour and land acquisition, which will aid the industry in general and infrastructure development in particular. India needs foreign investment, and policies such as the e-commerce policy that seems to benefit ‘desi’ companies like the Ambanis over the Jeff Bezos of the world, prove to be detrimental. Monetising public assets, disinvestment, stabilising the banking sector, reducing GST, combating widening trade deficit, and strengthening the agrarian sector and the farmer, would further help in course correction. India desperately needs more liquidity in its system. Therefore, lowering interest rates, greater impetus on infrastructure development, government spending and boosting manufacturing are all dearly needed. In this stint, Modi must also give back to the Indian institutions their respect and credibility. No more interfering with the Reserve Bank of India (RBI) or getting other institutions to toe the government line. Allowing them to function independently is the best chance for Modi 2.0 to redeem the missteps of the past. The people of India have chosen Narendra Modi to steer the nation from impending economic doom. Only with the help of knowledgeable, experienced economists and policymakers can this be achieved. We cannot afford another five years of stunted growth, lack of private investment and lower consumer demand. The country needs an agile plan; and here’s hoping that the government is already making one. (The writer is a journalist and media entrepreneur. The views expressed are strictly personal)last_img read more

Athletes mobilize tell Calgary not to bail on 2026 Olympic bid

first_imgHelen Upperton was eight years old when Calgary held the Olympics in 1988 and her daughter with fellow Olympian Jesse Lumsden will be the same age in 2026 when the Games may return to the city.But that prospect is in serious jeopardy as Calgary city council will hold a vote to reaffirm support next week on a bid, before exploring the possibility any further.“Not necessarily yes for a bid, but yes to properly investigate whether or not we should bid as a city,” she said. “Unless we see the big picture and the whole picture, I don’t think it’s fair to stop the conversation so prematurely.”The two-time Olympian was joined by athletes from the past, present and future at WinSport in Calgary Friday morning, presenting a united front to keep the Olympic possibility going.Among the group was Mark Tewksbury, Kyle Shewfelt, Denny Morrison, Gilmore Junio, Seyi Smith, Jessica Zelinka, Catrina Le May Doan, Brian McKeever and Jeff Christie.“We were really trying to be respectful of the process and not influence too much,” Tewksbury said. “When the news came out on Tuesday of just how much in jeopardy this is, the athlete community mobilized.”Council was originally scheduled to debate public engagement options – including a plebiscite – next week, but on Tuesday, councillor Druh Farrell brought forward a motion at a committee meeting to hold a vote to reaffirm support before going any further.It passed 9-1 and after bureaucratic hiccups, allegations of favouritism and bias, as well as the miscommunication with other orders of government, there’s a strong possibility enough councillors will change their mind and kill the process.“Within three days, we’ve had hundreds of athletes sending letters to the councillors, organizing a press conference,” Tewksbury said. “Please keep the conversation going.”On March 20, council voted 8-6 with one member absent to form the $30 million Olympic BidCo., which would develop the plan necessary to put in a formal bid to the International Olympic Committee for the 2026 Games.But recently, councillor Ward Sutherland – who voted in favour of forming the BidCo. – has stated publicly he will vote no next week, citing changes from the provincial government in municipal funding, as well as unclear information from city administration.Councillor Diane Colley-Urquhart has also indicated it may be time to end the process, among her reasons the Alberta Government imposing a condition on the city to hold a plebiscite should it want provincial support in hosting the Games.The Calgary Bid Exploration Committee originally came up with a figure of $4.6 billion to host, with roughly half having to come from multiple orders of government.That figure came under scrutiny from several economic reports commissioned by the city and didn’t take into account other costs, such as the assumption that a new hockey arena would be operational by 2026.Another alarm bell for councillors was how the reports were made public, which were obtained by media and not widely distributed to the politicians themselves.But council is scheduled to receive updated financial information in the summer, including a fully-costed budget, a more detailed breakdown of funding from the public and private sector and a more thorough analysis of the economic impact for the city.Along with a plebiscite that would be required to be done between the fall and winter, the Olympians believe those numbers should be developed before ending the bid.“I’m a business owner, I’m a parent, I pay taxes, I’ve lived in this city my whole life, if it doesn’t make sense, and it looks like this is not going to be a good thing for the city, then I’ll say no,” Shewfelt, a gold-medal winning gymnast from the 2000 Games, said. “But we don’t have that information yet.”The councillors in opposition to the Games have cited multiple reasons beyond the cost itself, which some believe will go well above the estimated $4.6 billion.Among the reasons is skepticism in trusting the International Olympic Committee, a lack of public consultation, miscommunication with the provincial government and a perceived bias within the city administration to host the Games.One of the staunchest councillors against the Games, Sean Chu, recently said at a council meeting to Mayor Naheed Nenshi, “we all know you want the Olympics.”The Olympians have echoed Nenshi’s message from earlier this week that council shouldn’t decide without getting the fully-costed numbers, although he agrees there have been missteps along the way.“I share the frustration of last-minute changes by other orders of government, I share the frustration of reports that are not clear enough,” he said. “I think it’s fair to say it’s a bit in the ditch. And the question is, is it worth pulling out of the ditch or not? And I think it is.”One of the key pluses among Olympic proponents is the new and updated infrastructure that would come as a result of bidding for the Games.As many have noted, the facilities from 1988 Games are still readily in use and are a major part of Calgary’s identity after putting the city ‘on the map’ 30 years ago.But those facilities are in need of being upgraded at the risk of eventually going out of service, and many of Calgary’s Olympic athletes train in the city and the province.Some of those facilities are also partially funded by legacy money from the 1988 Games.“That legacy is soon going to run out,” former Olympian Catrina Le May Doan said, who was part of the CBEC committee before it was disbanded. “I don’t want the Oval to close, I don’t want WinSport closed, I don’t want Canmore to close.“What happens after that, do myself and other taxpayers then fund that or do we have an opportunity as Mark Tewksbury said, to work with the federal government, work with the provincial government and continue to have a legacy for not just sport, but a legacy for facilities.”The athletes aren’t alone, as the Calgary Chamber of Commerce also voiced its support to continue the process a few hours after the athlete rally.Another concern is going into the business with the IOC amidst its recent scandals, a fact acknowledged by Tewksbury, a former Team Canada Chef de Mission, who has been highly critical of the organization.“I still have a healthy skepticism about the bidding process in all of this, but I do believe in my heart at that the moment with the IOC, there’s a lot of misinformation,” he said, noting more Canadians are involved with the committee. “I do believe there’s a genuine openness to do things differently.”last_img read more

SC’s RBI circular quashing to relieve power cos… delay insolvency action

first_imgNew Delhi: The Supreme Court order quashing a Reserve Bank of India circular on resolving bad debt will provide relief to power companies and lenders as well as flexibility to restructure debts but will slowdown bankruptcy proceedings, experts said Tuesday. The Supreme Court on Tuesday quashed RBI’s February 12 circular, which prescribed rules for recognising one-day defaults by large corporates and initiating insolvency action as a remedy. Vishrov Mukerjee, Partner, J Sagar Associates said after the Supreme Court judgment, the RBI may have to issue revised guidelines/circulars for the restructuring of stressed assets. Also Read – Thermal coal import may surpass 200 MT this fiscal”There is also a question mark over existing processes which may have been completed/nearing completion,” he said. “However, with the threat of IBC proceedings mitigated, it will give some breathing space to power companies and lenders as well as flexibility to restructure debts in a manner which ensures continuity and value maximization for lenders as well as power companies.” Cyril Shroff, Managing Partner, Cyril Amarchand Mangaldas, termed the ruling as a major development that shows how “proactive” the judiciary has been. Also Read – Food grain output seen at 140.57 mt in current fiscal on monsoon boost”Whilst it’s too early to say but if banks voluntarily still invoke IBC – the practical impact will be minimal,” he said. ICRA senior vice president Sabyasachi Majumdar said the Supreme Court decision is likely to result in a further slowdown in the already tardy pace of resolution of stressed assets in the power sector. “This apart, the resolution process is in any case subjected to regulatory risks as exemplified in the case of the Prayagraj Power asset, where the regulator has given a recent directive for a discount in PPA tariff while allowing the shareholding change approval for the same,” he said. Srikanth Vadlamani, Vice President, Financial Institutions Group, Moody’s Investors Service, said voiding of the February 12 circular is credit negative for Indian banks. “The circular had significantly tightened stressed loan recognition and resolution for large borrowers. But, with the voiding, this may now have to be watered down,” he said. “The resolution of stressed loans impacted by the circular will be further delayed as the process may have to be started afresh”. The RBI had on February 12, 2018, issued a circular on the resolution of stressed assets revised framework — commonly known as February 12 circular. According to the circular, lenders had to classify a loan account as stressed if there was even a day of default. The bankers had to mandatorily refer all accounts with over Rs 2,000 crore loans to the National Company Law Tribunal (NCLT) or the bankruptcy court if they failed to resolve the problem within 180 days of default. Lenders were supposed to file an insolvency application under the Insolvency and Bankruptcy Code 2016 within 15 days of the completion of the 180-day deadline. The circular also withdrew the loan resolution mechanisms the RBI had implemented, such as Corporate Debt Restructuring and Strategic Debt Restructuring. Power sector was the worst hit by the circular and so were companies in steel, textile, sugar and shipping sector. GMR Energy Ltd, RattanIndia Power Ltd, Association of Power Producers (APP), Independent Power Producers Association of India, Sugar Manufacturing Association from Tamil Nadu and a shipbuilding association from Gujarat moved different courts against the circular. The power sector argued that outstanding loans of Rs 5.65 lakh crore (as on March 2018) were a result of factors beyond their control such as unavailability of fuel and cancellation of coal blocks. The Supreme Court Tuesday held that the circular was ‘ultra vires’ — meaning it went beyond the scope of what the RBI can do when coming up with rules and regulations. Mukerjee said the Supreme Court verdict along with recent government decisions implementing the recommendations of the High-Level Empowered Committee will provide much needed respite and impetus to regulatory reform in the power sector.last_img read more

German economy shrinks amid trade concerns auto woes

FRANKFURT — The German economy shrank by 0.1 per cent in the second quarter as global trade conflicts and troubles in the auto industry weighed on Europe’s largest economy.The state statistics agency Destatis said Wednesday that falling exports had weighed on output while demand from consumers and government spending at home had supported the economy.Germany’s economy is facing headwinds as its auto industry, a key employer and pillar of growth, faces challenges adjusting to tougher emissions standards in Europe and China. The industry has also suffered from the U.S.-China trade conflict that has added tariffs on cars made by German companies in the U.S and shipped to China, while uncertainty over the terms of Britain’s planned exit from the EU has weighed on confidence.The Associated Press read more

A new dream is born for a Syrian immigrant

CALGARY (CityNews) – The Canadian dream changed for one Syrian engineer when he immigrated to Calgary in the middle of a recession.Tammam Altajar came to Canada in 2017 through the skilled worker program after spending years in the Middle East working in the oil and gas sector.The work, however, dried up in Calgary so he turned to an old passion, echoing back to his days on an old computer–playing flight simulation games.Altajar’s new business Altitude Flight Simulation Centre opened Wednesday thanks to the help of his business partner and fellow refugee Saleh Allbwani.“I tested this market when we used to be in Dubai or the U.S. and to achieve this type of business here is a dream.”Altajar says after long days getting it set up, he can finally get back to an old hobby. He hopes his story can inspire others.“Each person coming to Canada regardless of the way they are coming in has a specialty.” read more

Security Council holds closed meeting on Kosovo status talks

Secretary-General Kofi Annan’s special envoy on the status talks, former Finnish President Martti Ahtisaari, told reporters the meeting was important in light of a call from interested States for him to prepare a comprehensive proposal for a settlement and for all possible efforts to be made to achieve a negotiated settlement this year. The so-called Contact Group – the United States, United Kingdom, Germany, France, Italy and the Russian Federation – had met with Mr. Ahtisaari at ministerial level at UN Headquarters earlier this week.In his latest report earlier this month, Mr. Annan called for more flexibility from all sides in deciding the final status of Kosovo, where Albanians outnumber Serbs and others by 9 to 1. Independence and autonomy are among options mentioned for the province, which the UN has run since Western forces drove out Yugoslav troops in 1999 amid ethnic fighting.Serbia rejects independence and the country’s President Boris Tadic also briefed the Council session.One of the technical issues that the Kosovo and Serbian sides have been discussing – decentralization and the creation of new municipalities with Kosovo-Serb majorities to encourage the return of hundreds of thousands of Serbs who fled – was highlighted this week by a bomb attack that wounded four members of a Serb returnee family in the western town of Klina/Kline.The UN High Commissioner for Refugees (UNHCR) noted today that this was the third violent attack over a short period of time targeting Serb returnees in the municipality. A returnee was shot dead in front of his house in June and earlier this month the newly constructed home of a returnee family was blown up. “Each and every security incident has dire consequences on the overall return process, with a ripple effect spreading among the non-Albanian displaced population,” Agency spokesman Ron Redmond told a news briefing in Geneva. “UNHCR considers it imperative that perpetrators of such acts are found and prosecuted in accordance with the law.”In early 1999, Kosovo was the scene of atrocities and the forceful displacement of hundreds of thousands of ethnic Albanians. After a three-month intervention by NATO, culminating in the arrival of troops, most of Kosovo’s Albanian population returned to their homes within days.“In contrast, the return of non-Albanians, which started in 2000, has been painfully slow,” Mr. Redmond said. “To date, only some 15,600 minority returns have been registered – out of the estimated 250,000 ethnic Serbs, Roma and others who left the province after the withdrawal of Serbian forces in 1999.”Apart from the attack on Serbs, Kosovo has also seen other violence in recent days, including a bomb attack on the car of ethnic Albanian Interior Minister Fatmir Rexhepi. read more

Notley dismisses concerns minimum wage hike carbon tax will hurt Alberta economy

Premier Rachel Notley says she rejects the notion that a minimum-wage hike and carbon tax will hurt the provincial economy.Opposition parties have lambasted the NDP government for charging ahead with those two policies at a time when the province’s economy is ailing.But Notley told reporters Tuesday that she believes most Albertans support the government’s direction on those issuesOn the minimum wage issue, Notley says her government is trying to strike a balance between supporting businesses and tackling inequality.On Saturday the minimum wage will rise by $1 to $12.20 an hour, gradually increasing to $15 an hour by 2018.An economy-wide carbon tax is set to take effect in the new year as part of a sweeping climate-change strategy that also includes a cap on oilsands emissions and the phase-out of coal. Courtesy of Twitter AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to RedditRedditShare to 電子郵件Email by Sandra Prusina Posted Sep 27, 2016 4:50 pm MDT Notley dismisses concerns minimum wage hike, carbon tax will hurt Alberta economy Alberta|Rachel Notley read more

Football Ohio State hires Taver Johnson to become next cornerbacks coach

Taver Johnson is returning to Ohio State.Ohio State officially announced the hiring of Johnson to take over as the team’s new cornerbacks coach and the 10th assistant on the team, according to an Ohio State spokesperson. He will be replacing Kerry Coombs, who left Ohio State to coach cornerbacks for the Tennessee Titans. Johnson had spent the previous season as the defensive coordinator for Temple.“I am really pleased to have Taver Johnson join our coaching staff,” head coach Urban Meyer said in a statement. “I’ve known Taver for a long time, going back to our days at Notre Dame, and I think he is a terrific coach and person. He’ll do an excellent job coaching our cornerbacks and mentoring the young men in our program.”Johnson is no stranger to Columbus, having served on former Ohio State head coach Jim Tressel’s staff as the cornerbacks coach from 2007 to 2011. He and Meyer were also on the same staff back in 1999 when Johnson was a graduate assistant and Meyer was the wide receivers coach at Notre Dame.The Cincinnati, Ohio, native had been around the midwest before landing back in his home state of Ohio. He was a defensive line coach at his alma mater Wittenberg from 1994 to 1995 and served several roles at Millikin for three seasons. He later became linebackers coach at Miami (Ohio) from 2000 to 2003. He held a job in the NFL as the special teams coordinator for the Cleveland Browns in 2004 before returning back to Miami as the assistant head coach and defensive coordinator for a pair of seasons. Then after leaving Ohio State following the 2011 season, Johnson was the cornerbacks coach at Arkansas for two seasons and the same role at Purdue for three more, before going to Temple. Johnson joins Alex Grinch as the only two new coaching additions made by Ohio State over the offseason. Grinch’s role has yet to be publicly announced. read more

Football Fields leads Team Gray to 3517 victory in Spring Game

Ohio State sophomore quarterback Justin Fields attempts a pass in the Spring Game on April 13 at Ohio Stadium. Credit: Casey Cascaldo | Photo EditorFor the first time since 2011, Ohio State football took the field for its annual Spring Game Saturday without Urban Meyer as head coach.While Ryan Day begins his first year at the helm, he and the Buckeyes will no longer be able to rely on the record-setting arm of Dwayne Haskins to start games under center at Ohio Stadium.Sophomore quarterback Justin Fields seemed to prove himself to be Haskins’ heir apparent as Ohio State’s starting quarterback Saturday, as he led Team Gray to a 35-17 win against Team Scarlet on 131 yards and 2 total touchdowns at the Spring Game.Day said both Fields and redshirt freshman Matthew Baldwin still have improvements to make.“They both did a good job today, they both flashed at times,” Day said. “It’s still a work in progress. We still got work to do.”After starting off 3-for-10, Fields displayed his playmaking ability when he uncorked a 98-yard touchdown pass to senior wide receiver Binjimen Victor with under two minutes remaining in the first half to put Gray up 21-7. Matthew Baldwin played for both the Scarlet and Gray teams as he took snaps on the bulk of the possessions, going 20-for-36 with two touchdowns, two interceptions and a fumble.One of those scores was an 18-yard dart hauled in by freshman wide receiver and five-star recruit Garrett Wilson in the corner of the endzone to tie it up 7-7.Wilson finished with four catches for 44 yards and a touchdown and seemed poised to factor into an Ohio State receiving core that seeks to make up for the 195 receptions lost to Parris Campbell, Johnnie Dixon and Terry McLaurin.Redshirt freshman running back Master Teague started the scoring on Saturday with a 1-yard touchdown run. He showed another flash in the second half with an untouched 22-yard score to put Team Gray up 35-17.Teague put up a game-high 75 yards on the ground with two touchdowns.With Mike Weber foregoing his final year of eligibility for the Buckeyes, Teague will likely get more touches to help replace Weber’s 1,066 yards and six touchdowns from scrimmage in a backup role to junior J.K. Dobbins come fall, who recorded three carries for nine yards on Saturday.Fields showcased his speed on his first score as a Buckeye with a five-yard touchdown run on a read option to put Team Gray up 14-7 in the second quarter.The former Georgia quarterback frequently went to his legs as he finished just 4-for-13 passing and picked up 38 yards on the ground.“There were ups and downs,” Fields said. “That just comes with, as coach says, growing pains. So I just have to keep improving and keep working and I think it’ll be good.”Despite the “thud” tackling rule, implemented by Day to prevent injuries, the Gray defense was still able to generate turnovers in the first half. Junior safety Amir Riep picked off Matthew Baldwin on the first drive of the second quarter to set up a Team Gray touchdown and redshirt junior safety Jahsen Wint intercepted Baldwin and senior quarterback Chris Chugunov on consecutive possessions in the final two minutes of the first half.“We’ll just keep building from here, but there’s a lot of good pieces, a lot of good leadership starting to form out there,” Day said.Ohio State will open up its season on Aug. 31 against Florida Atlantic.Updated at 3:29 p.m. with quotes from Ohio State head coach Ryan Day and sophomore quarterback Justin Fields. read more

Angas Zinc exceeds all expectations with Outotec Larox CC filters

The Angas Zinc mine, located in South Australia, is 100% owned and operated by Terramin Australia. It exceeded all production start-up expectations and one of the technologies that was important is the latest technology in Outotec Larox CC filters (formerly Larox Ceramec capillary action disc filters), which is drying higher than expected grades of zinc and lead concentrate. In its first year of life, the low-cost mine, with a resource of 2.4 Mt and situated only 60 km from Adelaide, has produced nearly 23,000 t of high-grade lead and zinc concentrate by the end of its second quarter. The mine’s remarkable start-up performance far exceeded expectations and is due in part to an advanced filtering and drying system. Angas’s installation of two Outotec Larox CC filters for its zinc and lead concentrators, is fed by two Larox Flowsys peristaltic pumps.The feed pumps employ a single, bearing-mounted eccentric roller design that compresses each hose once during a 360o operating cycle. This feature reduces the hose compressions required by 50%, when compared to traditional peristaltic pumps that use two sliding shoes.The two Outotec Larox CC filters in situ use capillary action within ceramic disks to dewater the lead and zinc concentrates. The extracted filtrates are very high in clarity while the dried filter cakes meet required transport moisture limits (TMLs) for their ore grades.After slurry thickening, the pumps feed the relatively coarse lead (P80, 50μm) and zinc (P80, 71μm) concentrates into their respective filtering system. Here, concentrates coat the ceramic disk segments during immersion in slurry baths, dewatering starts immediately via capillary action. Extracted filtrate passes through the microporous structure in each disk before being transferred away by a small 2.2 kW vacuum pump. The dried filter cake that remains is continuously scraped off as the disks rotate.When lead grades rose higher than expected soon after installation, the filters were quickly upgraded, providing Angas with a 30% increase in filtration capacity, allowing the handling of higher lead concentrates when the ore grade is high. As a result of this upgrade, the lead filter can capably handle higher lead head grade ore and increase production while still producing filter cake under the required TML.The Outotec Larox CC filter has undergone extensive development to establish itself as a top performer in the global mineral, metallurgical and mining market. This filter, with new ultrasonic positioning between the disks, is currently being used by Angas at rates of 75% to 90% over a 24-hour period, depending on the ore grade being received.The many benefits of using these filters and Larox Flowsys Peristaltic include a plug-and-play design, no downtime is required for maintaining filter disks, only once-a-month maintenance checks are needed for filter ultrasonics and seals, and routine filter backwashing is automatic and takes only half an hour per shift. Also feed pump hose leaks can be easily detected, revolution counters can record pump hose life (thereby reducing unscheduled stoppages) and processing noise levels can be kept to a minimum.Angas’s general manager John Burgess reports he is “pleasantly surprised” at the ongoing performance of his dewatering system.  “It’s a good mine that is professionally set out and producing on its investment because things are done right”.  So much so in fact, that the Algerian government is interested in what Terramin are doing at the Angas mine for Terramin’s development of its large Tala Hamza zinc deposit in Algeria. read more

Prototype iPad with 2 dock connectors sells for 10200

first_imgIf you walk into an Apple Store today someone will happily sell you a third-generation iPad, or even an iPad 2 if they happen to have some left in stock. But the first-generation iPad is dead and buried. There really is no reason to desire one unless you happen to be a developer who wants to test on the old/original hardware.So why has someone just paid $10,200 for a first-gen iPad that isn’t fully-functional?The main reason is due to the fact this model never got released. It’s a prototype unit that Apple manufactured with not one, but two dock connectors. Everything else remains the same as the final, shipped iPad in terms of hardware configuration, but that second dock connector is totally unique. It shows Apple was experimenting to see if they needed a second connector for docking the tablet in landscape mode.Ultimately the second port was rejected and Apple went with a simpler design. Apparently all prototypes are disabled when they are no longer of use to the company, but somehow this prototype unit managed to leave the safety of Apple’s campus and got refurbished. It runs Apple’s testing suite known as SwitchBoard, but the touchscreen does not work for input.Paying $10,200 for this device certainly secures the buyer a collector’s item and a piece of Apple history. However, I can’t see it being a good investment and doubt it will increase in value as the years roll by. I’d hazard a guess this prototype has been bought by a huge Apple fan rather than someone thinking they can make even more money from it in the future.Read more at eBay, via The Vergelast_img read more

Adresses Internet IPv4 la fin

first_imgAdresses Internet IPv4 : la fin ?L’ICANN, la Société pour l’attribution des noms de domaine et des numéros sur Internet, vient de fournir le dernier panel de 16 millions d’adresses IPv4. Désormais, on se dirige vers une pénurie d’adresses IP (Internet Protocol). Est-ce la fin de l’Internet dans sa configuration actuelle ? Bientôt, il n’y aura plus d’adresses IP disponibles pour de nouvelles connexions Internet. Le protocole IPv4, créé dans les années 1970, a été conçu pour supporter un certain nombre d’ordinateurs mais pas dans un rayonnement mondial comprenant autant de connexions qu’aujourd’hui. On dénombre 2 milliards d’internautes à l’heure actuelle et il faut prévoir d’autres adresses IP dans un futur proche. Et pour cause, l’ICANN vient de distribuer le dernier panel d’adresses disponibles, soit seize millions d’unités. Ces dernières trouveront preneurs seulement dans les prochains mois. “Nous sommes dans une situation critique”, avoue l’organisme, cité par 20minutes. L’urgence est d’autant plus grande que l’arrivée des smartphones et tablettes accélèrent la demande en adresses IP. Le protocole IPv6 est une solution avancée depuis 1998. Mais il n’existe pas d’autorité mondiale pouvant forcer les différents acteurs du web à réaliser les travaux coûteux pour changer de réseaux. Le 7 février 2011 à 16:14 • Emmanuel Perrinlast_img read more

High alert sounded in Jaipur western border of Rajasthan

first_imgJaipur, Aug 9 (IANS) High alert has been sounded in Jaipur following intelligence reports that some armed terrorists may try to sneak into India on Independence Day to create disturbance in view of the prevailing situation in Kashmir. Leaves of all police station in-charges have been cancelled and security has been enhanced at railway stations, airports, bus stops, tourist spots and religious locations. Also Read – War propaganda delays removal of internet restriction in Jammu and Kashmir Advertise With Us According to Police Commissioner Anand Shrivastav, “The security has been enhanced after getting inputs from different security agencies keeping I-Day celebrations in mind. The Anti-Terrorism Squad (ATS) and Special Operations Group (SOG) have also been asked to remain alert. All buses coming from outside are being thoroughly checked.” In fact, high alert has also been sounded on the western border of Rajasthan in view of any misadventure attempt by Pakistan backed terrorists. Also Read – Congress MLA Shivakumar moves High Court seeking protection from arrest Advertise With Us Fighter planes have intensified their training sessions on the airbase situated near the border in the western sector. ‘After the Balakot air strike, Pakistan had sent many UAVs via Shri Ganganagar which were brought down by the Indian Army. Hence, strong vigil is being done at the borders. Both Air Force and Army stand on high alert,” sources said. The Border Security Force (BSF) has also sounded ‘Operation Alert’ under which extra vigil is being done at the border areas. The border patrol has also been increased.last_img read more

BNP wins Sylhet mayoral polls

first_imgBNP candidate Ariful Haque Chowdhury shows V-sign after winning Sylhet City Corporation on Saturday. Photo: Prothom AloBangladesh Nationalist Party (BNP) candidate Ariful Haque Chowdhury was unofficially elected Sylhet city mayor, defeating ruling Awami League candidate Badar Uddin Ahmed Kamran by 6,196 votes.Ariful bagged 92,593 votes while Kamran got 86,397 votes, said returning officer of the mayoral elections to Sylhet City Corporation, Md Alimuzzaman.He declared the unofficial results on Saturday evening after the results of re-voting, postponed on 30 July for irregularities, were announced today, Saturday.After the results were declared, Ariful was greeted with flowers by his supporters, activists and others.”I could have won the polls in a big margin if the elections held on 30 July were fair and peaceful,” Ariful told Prothom Alo.”But, I never lost faith in people. They rewarded me for keeping faith in them. Therefore, I won despite so many incidents of vote rigging and irregularities,” he added.The unofficially-elected mayor, however, said he would concentrate more on increasing services of Sylhet city dwellers and development of the city.Re-voting in two centres of Sylhet City Corporation polls– at Gazi Burhanuddin Garam Dewan Government Primary School and Hobinandi Government Primary School — began on Saturday morning to determine the mayor of the city corporation.On 1 August, the election commission set the date for re-election.After 30 July’s polls, BNP’s Ariful took a lead of 4,626 votes in 132 centres out of 134. Ariful bagged 90,496 votes while ruling Awami League’s Badar Uddin Ahmed Kamran got 85,870.last_img read more

Man killed in Khulna mob beating

first_imgA suspected thief was beaten to death by an angry mob at Noirhati of Rupsha upazila on early Sunday, reports UNB.The deceased is Ajgor Sheikh, 35, son of Mohor Ali of Fakirhat upazila in Bagerhat.Quoting locals, sub-inspector Tipu Sardar of Rupsha police station said three people, including Ajgor, went to steal fish from a warehouse around 4am.The security guards and locals caught Ajgor but the other two managed to flee.He was critically injured in a mob beating.On information, police rescued him and sent him to Rupsha Health Complex where physicians pronounced him dead, the SI added.last_img read more

Louisville Falls in Season Opener at No 7 Northwestern

first_img EVANSTON, Ill. – Tessa Chad scored three goals, but it wasn’t enough as Louisville women’s lacrosse fell at Northwestern 21-11 on Friday night.The loss ends a streak of four straight season opening wins for the Cardinals. “Northwestern is a great team and they exploited our youthfulness a bit tonight,” said head coach Scott Teeter. “We did some positive things, especially there in the second half, but we just need work harder and avoid costly mistakes.”Louisville got their first goal of the season just a little over a minute in when Sarah Blalock found the back of the net. The goal pulled the game even at 1-1. Kayla Marshall’s first goal then made the score 3-2, but Northwestern scored the next nine goals to extend its lead to 12-2 and went into the locker room at half with a 15-4 advantage.Trailing 20-6 with 15:08 to go in the game, the Cardinals reeled off five straight goals to pull within 20-11 and ultimately won the second half, 7-6.Chad led the way with three goals on eight shots. Caroline Blalock, Sarah Blalock and Kayla Marshall added two goals each. Paige Richbourg and Alex McNicholas also recorded a goal for the Cardinals.Marshall, Richbourg and Ally Hall all dished an assist for Louisville.The Wildcats finished with 36 shots to the Cardinals’ 20. Louisville finished with 19 turnovers, while Northwestern committed 15.Louisville returns to action on Sunday afternoon at 1 p.m. ET when they play at Marquette. Story Links Box Score (PDF) center_img  Print Friendly Versionlast_img read more

Google Thanos to See an Avengers Endgame Easter Egg on Your Screen

first_imgStay on target Avengers: Endgame is officially in theaters, and to celebrate the superhero movie, Google has a special Thanos-themed “Easter egg” that you can see online.Here’s how it works: Google the name of Thanos, also known as the bad guy who “dusted” some of the MCU superheroes in Avengers: Infinity War. Next, click or tap on the Infinity Gauntlet, which “snaps” half of your search results and makes them disappear.Click on the Infinity Gauntlet above to “snap” your Google Search results. (Photo Credit: Google)Thankfully though, you can get them back. Click or tap again and witness the Time Stone restore everything that came up in your original search. Helpful hint: You will want to do this quick task with the sound up for the ultimate background effects.Is Google foreshadowing what could happen in Avengers: Endgame? We don’t know if the superheroes will get their friends back and beat Thanos, however, Google’s Avengers-themed treat won’t be up for long, so take advantage of this fun find while you can.<span data-mce-type=”bookmark” style=”display: inline-block; width: 0px; overflow: hidden; line-height: 0;” class=”mce_SELRES_start”></span>&nbsp;</p><div class=”row collapse”><div id=”lazy-1″ class=”column hide-for-xlarge-up in-content-lazy”></div></div><p>More on Geek.com:‘Avengers: Endgame’ TV Spot: ‘Everything Has Led to This’‘Avengers: Endgame’ First Reactions Flood Social Media After Premiere11 Ways the Avengers Could Defeat Thanos in ‘Endgame’ What to Stream on Amazon Prime This Weekend’Avengers: Endgame’ Director Explains Thanos’ Faceoff With Captain America last_img read more

Holodesk prototype puts life in computers w video

first_imgA Holodesk video shows the user looking down on a pane of glass at virtual but very realistic-looking balls and other shaped objects. His hands are positioned underneath the glass and they move in such a way that you think the user is actually moving real objects around. He scoops real balls into cups, or so it seems. The video as a whole is a deft rendering of how the virtual and real meet. While Holodesk is not the only 3-D interaction experiment out there, observers say it stands away from the pack, with its use of optical devices called beam-splitters and a graphic processing algorithm, in providing a life-like experience. Holodesk is one of the latest innovations within the Sensors and Devices Group (working with technologies such as sensors, flexible electronics, and novel displays)at Microsoft Research. The latter, since its establishment in 1991, has become a large and active software research organization.Microsoft Research joins today’s research hotbeds looking at enhancing interactive computing environments. The name of the game is creating clever ways to enable the user to cross that magical bridge between reality and the virtual. Meantime, Microsoft itself is reportedly working on all fronts on innovations that involve the “natural user interface,” or in software developer parlance, the NUI. A NUI is supported by technology that frees up users to carry out relatively natural movements or gestures that control and manipulate on-screen content. As such, the NUI is elevated as one of the next big things in human-machine interactions.As for possible applications for Holodesk, easy assumptions might place it squarely in gaming but its potential may also one day surface in design and research. In this wider sense, the Holodesk debut is one more idea from Microsoft Research that suggests a bright NUI future. Explore further Holodesk does its magic with the help of an optical see-through display plus Kinect camera. The illusion is that the user is directly touching and maneuvering 3-D graphics. According to the project notes, a virtual image of a 3-D scene is rendered through a half-silvered mirror and spatially aligned with the real world for the viewer. Citation: Holodesk prototype puts life in computers (w/ video) (2011, October 20) retrieved 18 August 2019 from https://phys.org/news/2011-10-holodesk-prototype-life-video.html More information: via Microsoft blog © 2011 PhysOrg.com Microsoft shows off 3D and NUI technology (w/ Video) This document is subject to copyright. Apart from any fair dealing for the purpose of private study or research, no part may be reproduced without the written permission. The content is provided for information purposes only. (PhysOrg.com) — A research project at Microsoft Research Cambridge has brought forth a prototype called Holodesk, which lets you manipulate virtual objects with your hand. You literally “get your hands on” the virtual display. According to the official description from its creators, there is at work a “novel real-time algorithm for representing hands and other physical objects” allowing physically realistic interaction between real and virtual 3-D objects.last_img read more

Indian Dental Association conducts workshop on preventive dentistry

first_imgKolkata: A two-day of workshop on interceptive and myofunctional appliances was organised by department of pedodontics and preventive dentistry in association with Indian Dental Association, state branch, at the Dr.R Ahmed Dental College and Hospital for the first time in Eastern India.Prof. Dr Baby John, president Indian Society of Periodontics and Preventive Dentistry was the chief guest of the programme while prof Dr Bimalendu Saha , deputy secretary of the department of Health and Family Welfare and Dr Tapan Giri, Principal of R. Ahmed Dental College graced the occasion. Also Read – Rs 13,000 crore investment to provide 2 lakh jobs: MamataDr Partha Pratim Chowdhury, assistant professor of Dr R Ahmed Dental College and Hospital was appointed as an observer from West Bengal Dental Council. Distinguished personalities such as Dr T K Pal, Dr J K Singh , Dr Subhra Nandi, Dr Pranab Banerjee, Dr Sitangshu Ghosh, Dr Timir Baran Sarengi, Dr Sibram Karmakar, Dr Jiban Mishra ,Dr Amitava Chakroborty, Dr Tirthankar Debnath, Dr R D Rekhade ,Dr Anant Pal Singh also took part the programme. Dr Raju Biswas secretary IDA West Bengal State Branch said: “Innovative workshops helps participants to specialise on latest expertise of pedodontic dentistry. Especially in an era of development in dentistry such seminars and workshops provide the latest updates in patient service.” Dr Biswas also added: “We hope to conduct more such workshops in future for the betterment of people and spreading awareness. I thank all the participants to make this program a grand success.”last_img read more

Surprise not Extensions may impact a browsers performance

first_imgSurprise (not): Extensions may impact a browser’s performance by Martin Brinkmann on February 13, 2019 in Google Chrome – 35 commentsMost web browsers nowadays support extensions that add, change, or remove certain functionality from the browser itself or websites.Extensions may be installed to block advertisement or tracking, add functionality to websites, keep track of item prices, change the New Tab Page of the browser, or correct your spelling.It should not come as a surprise that extensions that do get loaded consume some resources. 26 different Chrome extensions were analyzed recently to find out if they impact the browsing performance.Popular extensions such as uBlock (Origin I suppose), Adblock Plus, HTTPS Everywhere, Grammarly, LastPass, or Google Dictionary were selected for the test.The results confirm what many Internet users who use extensions probably know already:The average extension does not impact performance significantly.The more extensions you use, the higher the performance impact.Privacy tools improve performance on pages with lots of advertisement or tracking scripts even though they have a small initial cost.Some extensions, especially those with page-related actions, impact performance more.Some extensions consume more CPU than others. Honey, a shopping extension, added 636ms of extra CPU time when installed. Grammarly, a spelling and grammar checker, more than 300ms, and Evernote Clipper and StayFocused, more than 200ms each.Of all the tested content blockers, Ublock (again, I assume uBlock Origin is meant) used the least amount of CPU when loading tested sites. AdGuard, AdBlock, and AdBlock Plus all used more CPU in the conducted tests.One privacy-focused extension, Privacy Badger, used less CPU than uBlock whereas Ghostery used more.Extensions that don’t use best practices, e.g. an extension that is designed for a specific website but designed in a way so that it runs on all sites, impact performance more than they should. Chrome extension developers should also avoid running content scripts on document_start, and aim to keep the JavaScript that is included as small as possible.It would be easy enough for the developer, usually, to address some or even all of these issues.Closing WordsResearchers would have to repeat the test in a controlled environment and larger sample size to confirm the findings.While Chrome has been at the center of the analysis, it is likely that the findings will hold true for other browsers as well.The researcher did not look at memory usage or power consumption to find out if extensions impact those metrics as well.A good advise is probably that you should try and run a minimal number of extensions in your browser of choice. Apart from improving performance, you may also improve privacy.Now You: How many extensions do you run currently?SummaryArticle NameSurprise (not): Extensions may impact a browser’s performanceDescriptionInstalled browser extensions may impact the web browser’s performance in regards to CPU usage and the loading of websites.Author Martin BrinkmannPublisher Ghacks Technology NewsLogo Advertisementlast_img read more