Tag: 419SH龙凤

RIP Mygazines 20082008

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first_imgWe thank you for your patronage. If you are a publisher interested in understanding more about our model and vision for the future of the publishing industry going forward, or to discuss our Business to Business model opportunities, please email us at mygazines@gmail.com. Sincerely,The Mygazines Team It’s over:Dear valued members, visitors and publishers, Due to monetary reasons and the state of the global economy, we unfortunately must close mygazines.com. We simply ran out of funds to support the daily operations. last_img

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USPS Reports Further Losses in Q3 2016

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first_imgAnother quarter, another grim earnings statement from the Postal Service. As of now, savings afforded to publishers by the removal of the exigency surcharge have not translated to an increase in shipping. While overall volume remained stable, the periodicals class dipped 3.8 percent decline in the number of pieces shipped, to 1.43 billion, mirroring recent quarterly declines. Despite “encouraging numbers,” postmaster general Megan J. Brennan cautioned that the agency’s fiscal situation remains bleak. Regardless, renewed calls for a financial life preserver, perhaps in the form of a new surcharge or rate hike, will surely draw the attention of the publishing industry. The USPS argues that it needs around $12 billion in relief in order to return to solvency. Given the scope of the agency’s losses — $5.1 billion last year, and $5.5 billion the year before — those figures are difficult to dispute. Operating revenue saw another slight increase, to $16.64 billion (up 0.7 percent over last year), but the bump wasn’t nearly enough to offset a 12.4 percent increase in operating expenses and the termination of the exigency surcharge — a 4.3 percent premium which had applied to all classes of mail before expiring in April. The loss of the surcharge is expected to hurt USPS revenues by nearly $2 billion each year, according to the agency. “Net losses continue to mount,” Brennan said in a prepared statement. “Our results in the quarter further underscore the need for legislative reform that provides the organization with greater financial stability.” It’s the 41st consecutive quarter in which less periodicals were shipped than in the corresponding period the year before, and overall volume in the periodicals class has fallen 37.8 percent from a quarterly high of 2.3 billion in the third quarter of 2006. USPS chief finanical officer Joseph Corbett blamed lackluster revenue growth in the face of mounting losses on the termination of the exigency surcharge, which he termed a “mandated price reduction” in a statement. The Postal Service itself estimates that it lost $450 million during the quarter as a result of the surcharge’s expiration, still not nearly enough to approach profitability. “They have to understand that it’s a different age,” Cregan told Folio: in April, at the time the exigency surcharge was rolled back. “They’re not the only game in town anymore, and they have to improve their customer relations and understand that we — that is, the MPA — are their customers.” The agency posted a net loss of $1.57 billion for the third quarter of its fiscal year (April 1 to June 30), more than double the $586 million loss recorded over the same period in 2015. But representatives for the publishing industry, like the MPA’s EVP of government affairs, James Cregan, argue that the Postal Service needs to retain its clients more than it needs legislative assistance.last_img read more

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Lighting Motorcycles Strike has struck but is it the bike we wanted

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first_img 0 Lightning Motorcycles’ Strike is getting us all charged up 2020 GMC Sierra HD first drive: Towing tech marvel More From Roadshow 8 Photos Share your voice 2020 BMW M340i review: A dash of M makes everything bettercenter_img 2019 Ford F-150 review: Popular pickup keeps on truckin’ Motorcycles Electric Cars Post a comment Enlarge ImageLightning’s Strike electric motorcycle packs 180 pound-feet of torque into a slightly more relaxed sportbike-like chassis. Lightning Motorcycle After months of teasing, the Lightning Motorcycles’ Strike is making its debut, and it looks promising, if not all that we hoped it would be.The base model Strike still comes in at the $13,000 price point that Lightning has been teasing, but its 70-to-100 mile range at that price point leaves something to be desired. That being said, the base model’s 10-kilowatt-hour battery can still be Level 2 charged in around two hours. If you want DC fast-charge capability on anything but the top-tier model, that will cost you an additional $1,500.The base Lightning’s performance — range notwithstanding — should be pretty decent though, with 90 horsepower on tap and a full 180 pound-feet of torque available at zero RPM. Stepping up to the top-of-the-line 20kWh model gets you an additional 30 horsepower. The base model bike weighs 455 pounds, while the Carbon Strike tips the scales at 485 pounds.Details on the suspension and brake components for the two lower-power models are a little scarce, but if you shell out nearly 20 large for the Carbon Strike edition, your bike will come with brakes by Brembo and suspension by Öhlins. You’ll also get an AIM dash with lap-timing abilities, and you’ll get your bike as early as July.Previous press releases from Lightning left us with a few questions about where the bike would be manufactured, since $13,000 is a relatively low price point for an electric motorcycle. Well, it happens that the answer isn’t as straightforward as “Made in America.” It’s more like “Made in America, sort of.”The bike undergoes final assembly at Lightning’s new facility in San Jose, California, but its components come from all over the world. Lightning isn’t giving us specifics on that, but it’s not uncommon for a vehicle’s various parts to come from many vendors around the world, and frankly, as long as the quality control from Lightning is good, we’re OK with that.So, in the end, was our excitement for the Strike justified? Kind of. Is it the world-beating, revolutionary, affordable electric motorcycle we were hoping for? At its entry-level price point, not really. The lack of standard DC fast charging across the range and the limited range of the base model aren’t ideal. The pricing structure that Lightning has going reminds us a lot of the one used by Zero.From a performance standpoint, we expect that the Strike will be a blast to ride. It’s not exactly a featherweight, but its combination of adequate power and stellar torque should be fun, and the slightly relaxed sportbike-like form factor should mean that it will do an excellent job of straightening out your favorite canyon road.The real test will come when we get to throw a leg over it. Tagslast_img read more

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Russian rocket explosion kills five at military site radiation levels increases

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first_img Russia tests nuclear-capable ballistic missiles IBTimes VideoRelated VideosMore videos Play VideoPauseMute0:01/0:47Loaded: 0%0:01Progress: 0%Stream TypeLIVE-0:46?Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedSubtitlessubtitles settings, opens subtitles settings dialogsubtitles off, selectedAudio Trackdefault, selectedFullscreenThis is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window. COPY LINKAD Loading … The S-300 air defence system launches a missile during the International Army Games 2016 at the Ashuluk military polygon outside Astrakhan, Russia, August 7, 2016.ReutersAt least five people were killed and three injured after a rocket exploded during tests at a military site in northern Russia, the state nuclear energy company Rosatom said on Saturday.Rosatom said the accident occurred during tests on a liquid propellant rocket engine on Thursday, RIA reported. Officials said the three injured staff members suffered serious burns in the accident. and were receiving the necessary medical treatment.It was previously reported that two people were killed in the accident and a nearby city reported a rise in radiation levels when the incident took place at the testing site in Nyonoksa. Rosatom’s engineering and technical division had been working on “isotope power source” for a propulsion system, the company told Russian media.The Russian Defence authorities had initially said that no harmful chemicals were released into the atmosphere and that radiation levels were unchanged.However, the radiation levels rose 20 times higher than normal, 2 microsieverts per hour, for about 40 minutes before returning to normal 0.11 microsieverts, Severodvinsk administration said. Both levels are too small to cause radiation poisoning. The city is located 47 km away from the explosion site in Nyonoksa.The Reuters reported that the statement by Severodvinsk administration was taken down from the Internet on Friday without explanation. Officials responded to media inquiries on the statement said that it was taken down “because this incident comes under the authority of the defence ministry,” reported the BBC.The incident resulted in high demand for iodine in pharmacies which was reported to be running out in the nearby Arkhangelsk and Severodvinsk cities. “Yesterday it was all sold out,” said a pharmacist in Arkhangelsk told Russia’s Interfax news agency on Friday.”The excitement started at about five o’clock, and they bought all of it before we closed. At the checkout, people were discussing the news about radiation in Severodvinsk, the explosion at the military site.”Iodine is said to block the thyroid’s glands from absorbing radioactive iodine and help protect the gland from radiation injury. The pills can also cause adverse medical issues. While the details of the weapons system remained uncertain, media reported that the Nyonoksa naval site is known to carry out tests for its missile systems including intercontinental ballistic missiles, cruise missiles and anti-aircraft missiles. The site also includes nuclear-powered submarines.center_img Closelast_img read more

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Quader thanks Fakhrul

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first_imgObaidul Quader and Mirza Fakhrul Islam AlamgirRuling Bangladesh Awami League (AL) general secretary Obaidul Quader on Friday thanked his counterpart in opposition, Bangladesh Nationalist Party’s (BNP) Mirza Fakhrul Islam Alamgir.Also the road transport and bridges minister, Quader thanked the BNP leader for “keeping mum over Supreme Court’s observation that BNP’s founder Ziaur Rahman grabbed power illegally”.“Maintaining silence is a sign of consent. It has been said in the observation of the 16th amendment annulment verdict that Ziaur Rahman grabbed power illegally. He [Fakhrul] registered no protests at it and gave no reactions to it. I thank him for this,” said Quader while addressing a road-side rally on the sidelines of distribution of succours among flood-hit people in Syedpur of Nilphamari.The road transport minister claimed, “I’ve not come here to visit flood-affected areas for a photo-session. Sheikh Hasina’s government will rehabilitate all of those who are really affected by the flood.”The AL leader said he has not come to the flood-affected areas empty-handed.“I’ve come here with relief goods. I’ve come here to stand by flood-hit people. We will remain beside the flood-affected people until they are rehabilitated.”The minister said the “unprecedented flood” has caused huge damages to houses, road networks, and crops of a vast track of land.In an oblique reference to Fakhrul’s visit to the flood-hit areas, Quader said, “Many have visited the flood-ravaged area, but they had nothing in their hands. They came here just to get applause. The flood-affected people got nothing from them.”last_img read more

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Most irregularities in Khulna polls on police initiative

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first_imgMirza Fakhrul Islam AlamgirBangladesh Nationalist Party (BNP) secretary general Mirza Fakhrul Islam Alamgir on Tuesday alleged that most of the irregularities in Khulna civic polls took place on the police initiative.“This [AL] government has pitted the police against the opposition political parties. In most of the cases, the police took the initiative. These [irregularities] happened on their initiative which is ominous for the nation,” Mirza Fakhrul told a media briefing after the Khulna polls.Ruling Bangladesh Awami League (AL) mayoral candidate Talukder Abdul Khalek was unofficially declared elected in the Khulna mayoral elections marred by rigging, ballot-stuffing, capture of polling station and intimidation of voters on Tuesday.Briefing the media at the Gulshan office of the BNP chairperson, the BNP secretary general said, “It seems that the CEC is working against the BNP. The country’s election has emerged to be a complete farce.”He pointed out that the Khulna polls would not be held in farcical manner, had the military troops been deployed in the local government polls.“Rivals will not be able to do electioneering and their agents will be driven out of the polling centres – this can’t be called elections.”Alleging that the authorities have strictly controlled the media, Fakhrul said, “The authorities have all along said everything is okay.“They controlled all of the elections but a very few held in the past five years. They forced the election commission. They destroyed the election system. None is keeping trust in the election system,” he added.He alleged that voters were intimidated and barred from visiting the polling stations by the ruling Awami League activists.“The BNP activists as well as polling agents were driven out. They (AL men) stamped seal on election symbol boat. A fair election can’t be held under these circumstances. This election commission is inept. It must be reconstituted,” said Fakhrul.last_img read more

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There Are Three Hispanic Republicans In The Texas Legislature Only One Is

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first_img Share Marjorie Kamys Cotera / Bob DaemmrichState Reps. Jason Villalba, R-Dallas; Jose Manuel Lozano, R-Kingsville; and Larry Gonzales, R-Round Rock, are the GOP’s three Hispanic incumbents in the state House. Only Lozano will return to the Legislature in January.And then there was one.After Tuesday’s primary elections, the only Hispanic Republican incumbent who will return to the Texas Legislature in January is state Rep. J.M. Lozano of Kingsville. That’s after three Hispanic GOP lawmakers served during the 2017 legislative session. On Tuesday, Dallas Republican state Rep. Jason Villalba lost his re-election bid to Lisa Luby Ryan, a primary opponent who flanked him on the right. His departure from the Legislature follows Round Rock Republican state Rep. Larry Gonzales’ previous decision to not seek re-election.Though it’s possible Republicans could make up for one of those losses in November, the prospect that Lozano might be the only Hispanic Republican in the GOP-dominated Legislature offers a grim outlook for those who want the party to increase its standing among Hispanics in a state that is becoming less and less white. “It’s not frustration. It’s serious concern,” said Artemio “Temo” Muniz, Texas chairman of the Federation of Hispanic Republicans.Hispanic Republicans have long been underrepresented in the Legislature, but the GOP had made some diversity gains in the last decade. During the 2009 legislative session, there were no Hispanic Republican legislators. Just ahead of the 2016 election cycle, that count had climbed to six.But the 2016 elections ultimately dealt setbacks to the GOP’s modest legislative diversity when half of the Hispanic Republicans in the Legislature — three out of six — lost their re-election bids. They lost their seats even though Republican Gov. Greg Abbott had worked on their behalf. Texas Republicans’ dearth of diversity among their legislative ranks stands in stark contrast to the Democrats. During the last legislative cycle, 41 of the 66 Democrats in the Legislature were Hispanic, while 17 were black. Only six were white and two were Asian.Meanwhile, there were only five people of color — the three Hispanics, one Asian representative and one black representative — among the 115 Republicans elected to the state House and Senate. Party leaders, including Abbott, have long rejected the notion that the Texas GOP struggles with diversity.“We continue our efforts to reach out to the diverse communities here in the state of Texas,” Abbott said after the 2016 election, “and that’s something that I championed during my campaign last time and will again this next time.”When the count of Hispanic Republicans in the Texas Legislature was cut in half in one fell swoop in 2016, Abbott — whose campaign did not respond to a request for comment — pointed to the re-elections of Lozano, Villalba and Gonzales as evidence that “the diversity continues in the Republican Party.”Of note, Lozano, the only Hispanic Republican who is returning to the Legislature, is a former Democrat who switched parties in 2012 after his district near the Coastal Bend was redrawn to be less favorable to Democrats.This year, Republicans looking to boost their diversity will set their hopes on two legislative races that are far from certain wins. In Williamson County-based House District 52, social services case manager Cynthia Flores handily won the Republican nomination on Tuesday, setting her up to face Democrat James Talarico in the general election. She’s picked up endorsements from Gonzales, the outgoing Hispanic Republican who currently represents the district, and Abbott.Flores on Wednesday recognized her election could help boost diversity among the GOP’s ranks and described the prospect of serving as the only Hispanic Republican woman in the Legislature as a honor.“It’s all about making sure that we have the right people at the right time who are willing to serve and are true to themselves,” Flores said. But she acknowledged it was too soon to claim that distinction.The district, which President Donald Trump won by 1.4 points, is a big target for Democrats in November. The area was represented by a Democrat before Gonzales won it in the 2010 Republican wave.Some Republicans are also eyeing San Antonio-based House District 117, which switched party hands briefly in 2014 as part of a Republican wave but switched back to Democratic control in 2016. Though the Democratic margin of victory wasn’t wide in 2016, Democratic presidential candidate Hillary Clinton won it by almost 11 points.Though the outcomes of those races are uncertain, it’s clear that the Republican Party needs to work harder to elect Hispanics who aren’t left to ride Republican waves into office, Muniz added.In managing the 2014 campaign of former state Rep. Gilbert Peña — who flipped a Pasadena-based district that was held by a Democrat by 152 votes — Muniz said their strategy depended on their ability to ride the “Greg Abbott wave.”Peña, who didn’t have much legislative experience, lost his seat in 2016 when the Democrat who formerly held it won it back with a 20-point margin of victory. This year, the Texas GOP is dealing with the ramifications of the party’s shift away form Bush-era politics to Trump’s, said Victoria De Francesco Soto, a political science lecturer at the University of Texas at Austin.“There was growth of Hispanic Republicans prompted by Bush’s pragmatic politics. It was a pillar of his politics,” De Francesco Soto said, referencing former President George W. Bush, who also served as governor of Texas. “Those ideas have been purged from the Republican Party and Hispanics are not getting the same deference or respect they had when the Bush politics was the major force in Texas.”In a state where Hispanic voters tend to vote Democratic, those politics — and the related lack of Hispanic representation among Republican elected officials — could complicate the party’s efforts to turn out even conservative Hispanics, she added.“There is dwindling space for Latino Republicans at the table in elected office,” De Francesco Soto said. “And that is going to trickle down to the electorate as well.”The University of Texas at Austin has been a financial supporter of The Texas Tribune, a nonprofit, nonpartisan news organization that is funded in part by donations from members, foundations and corporate sponsors. Financial supporters play no role in the Tribune’s journalism. Find a complete list of them here.last_img read more

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Tonight AFROs First Edition Monday Dec 8

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first_imgListen at WEAA Live Stream: http://amber.streamguys.com:4020/live.m3uWhat will be the plight of the once moribund billion-dollar State Center Project in West Baltimore under the eminent gubernatorial administration of Larry Hogan? We’ll talk about the plight of State Center, Maryland’s GOP convention over the weekend in Turf Valley and other topics during our political round table discussion with the AFRO‘s Roberto Alejandro, Fox 45 investigative producer Stephen Janis and others this evening on AFRO’s First Edition with Sean Yoes.last_img

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Physics team finds new constraints on how lumpy spacetime can be

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first_img Gamma Ray Delay May Be Sign of ‘New Physics’ 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) — Robert Nemiroff and his colleagues at Michigan Technological University will be discussing new constraints on the so-called lumpiness of space-time at this year’s meeting of the American Astronomical Society. Image credit: NASA/Sonoma State University/Aurore Simonnet Nemiroff, also known for his Astronomy Pick of the Day site, has been studying photons that have been traveling through space for several billion years following a γ-ray burst that was recorded back in 1989. Called GRB 090510A, the burst let loose high energy photons that have been traveling through space at the speed of light; two of them are of special interest to physicists because they are believed to have left the same place at exactly the same time, which would seem to make them arrive here at exactly the same time as well. But, they won’t, due to the lumpiness of space-time and the long distance they have traveled. In the abstract for the presentation, the authors suggest that because a high-energy time scale for the photons detected from the gamma-ray burst have been found, a new upper limit is in place on the dependence of energy on speed and light as it’s dispersed across the universe.Studies of high energy photons traveling through space have already shown there are differences in actual speeds recorded, though they are very, very small; seven parts in a billion trillion, according to a previous study done by researchers at Yale. Because of this and other studied phenomenon, various researchers have theorized that space-time isn’t actually continues as it appears, but is instead made up of very, very tiny elements that are almost unbelievably small, on the order of a 10-35 (the Planck length). In such theories, photons that have the highest amount of energy also have wavelengths that are near to the Planck length. This makes them more apt to intermingle with so-called “lumps” which slows them down. The amount of slowdown is obviously very tiny, but as the photons travel so far for so long, the effect is amplified.In their study, Nemiroff et al, find due to measured differences in the arrival time of the two photons, that new constraints are in effect that impact the lump size of space-time. Because of this, the lumpiness of space-time only becomes meaningful when things are roughly 1/500 the Planck length, which could, obviously, put some limits on quantum gravity theories. More information: Nemiroff, R. J., Connolly, R., & Holmes, J. A New Limit on Lorentz Invariance and Chromatic Dispersion Across the Universe from GRB 090510A (American Astronomical Society, 2011)AbstractA high-energy, fast-variability time scale for Fermi-detected gamma-ray burst GRB 090510A is found that creates a new strictest upper limit on the energy dependence of the speed and dispersion of light across the universe. In particular, evidence is presented for variability at or below Δ t = 0.00136 for super-GeV photons, a factor of 10 more limiting than any time scale previously claimed for a GRB at GeV energies, including a previous limit reported by Abdo et al (2008). This variability derives from the duration of three separate closely-arriving photon groups prominent only in photon data above 1 GeV. One pulse pair has an energy difference of Δ E >/~ 23.5 GeV. Coupled with a redshift of z >/~ 0.897, the resulting limits on the differential speed of light and Lorentz invariance were found for a concordance cosmology. It was found that Δ c / c < 6.09 x 10-21, a limit consistent with, but slightly stronger than, a previous limit found for a GRB by Schaefer in 1999. Given a generic dispersion relation across the universe where the time delay is proportional to the photon energy to the first power, the variability translates into a dispersion strength of k1 < 1.38 x 10-5 sec Gpc-1 GeV-1. This limit results in an upper bound on dispersive effects created, for example, by dark energy, dark matter, or the spacetime foam of quantum gravity. This dispersion constraint also results in the most stringent lower limit yet claimed for the onset energy scale of quantum gravity: MQG c2 > 7.43 x 1021 GeV.via Nature Explore further Citation: Physics team finds new constraints on how lumpy space-time can be (2012, January 11) retrieved 18 August 2019 from https://phys.org/news/2012-01-physics-team-constraints-lumpy-space-time.html © 2011 PhysOrg.comlast_img read more

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New atomic magnetometer doesnt need to be shielded from Earths magnetic field

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first_img(Phys.org) —Researchers from Princeton University in the U.S. together with colleagues from Zhejiang University of Science and Technology in China have developed a new kind of atomic magnetometer that is just as sensitive as others of its kind but doesn’t need to be shielded from the Earth’s magnetic field. The team reports on their new device in the journal Physical Review Letters. 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. Explore further Journal information: Physical Review Letters Devices that can measure magnetic fields—magnetometers—are very useful in a wide variety of scientific applications. In recent years, such devices have been made more sensitive by using superconducting materials but they have the drawback of needing to be cryogenically cooled. Another approach has been to use atomic magnetometers—they don’t have to be super-cooled, but they do need to have shielding put in place to prevent Earth’s magnetic field from interfering with their readings. They work by using a pump laser to polarize the spin states of atoms inside the device. A probe laser is then used to read the spin precession once the device is ready to read a specific magnetic field—it’s all based on the Zeeman Effect that is induced by an external magnetic field.The new atomic magnetometer the group developed works essentially the same way as others of its kind, with two notable exceptions. The first is that the team uses a multi-pass cell—the probe laser makes many passes while reading the spin of the atoms in the device—typically rubidium vapor—this enhances the signal. The second difference is the team uses a technique to allow the polarizing to take place very quickly (within 1ms of laser pumping)—before relaxation of the spin states occurs. Doing so has the added benefit of helping to eliminate noise in the system allowing for more precise readings. The end result is an atomic magnetometer that is able to measure magnetism that is one hundred billion times smaller than the Earth’s field, without the need for shielding.Such a magnetometer is expected to be useful for such applications as measuring biological fields, geological instrumentation, experimental physics and even in land mine detection. The team that developed the new device isn’t resting on its laurels, however, they are currently looking at ways to make the device smaller and more portable. Record measurement of extremely small magnetic fieldscenter_img More information: Subfemtotesla Scalar Atomic Magnetometry Using Multipass Cells, Phys. Rev. Lett. 110, 160802 (2013) DOI: 10.1103/PhysRevLett.110.160802AbstractScalar atomic magnetometers have many attractive features but their sensitivity has been relatively poor. We describe a Rb scalar gradiometer using two multipass optical cells. We use a pump-probe measurement scheme to suppress spin-exchange relaxation and two probe pulses to find the spin precession zero crossing times with a resolution of 1 psec. We realize a magnetic field sensitivity of 0.54  fT/Hz1/2, which improves by an order of magnitude the best scalar magnetometer sensitivity and exceeds, for example, the quantum limit set by the spin-exchange collisions for a scalar magnetometer with the same measurement volume operating in a continuous regime. Citation: New atomic magnetometer doesn’t need to be shielded from Earth’s magnetic field (2013, April 26) retrieved 18 August 2019 from https://phys.org/news/2013-04-atomic-magnetometer-doesnt-shielded-earth.html © 2013 Phys.org Credit: J. Shi/Princeton University/PRLlast_img read more

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More bad news on China foreign trade slides 97

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first_imgChina on Tuesday said that its foreign trade in August decreased 9.7 per cent year on year to about $320.8 billion amid rising concerns over the record drop of $93.9 billion in the Communist giant’s foreign exchange reserves last month. The latest data released by General Administration of Customs (GAC) shows that while exports fell 6.1 per cent year on year to 1.2 trillion yuan, compared with an 8.9 per cent drop in July, the imports slumped 14.3 per cent to 836.1 billion yuan, compared with July’s decrease of 8.6 per cent. Also Read – Punjab & Sind Bank cuts MCLR by up to 20 basis pointsThe trade surplus expanded by 20.1 per cent to 368 billion yuan in August. In the first eight months of 2015, foreign trade slipped 7.7 per cent year on year to 15.67 trillion yuan, the GAC figures showed. Exports dipped 1.6 per cent to 8.95 trillion yuan in the January-August period, while imports fell 14.6 per cent to 6.72 trillion yuan. Analysts said that the recent nearly four per cent devaluation of Yuan also helped to push up the value of exports from China, world’s largest trading nation. Qu Hongbin, chief China economist at HSBC, attributed the slump in export growth mainly to sluggish external demand, especially exports to the European Union (EU) and Japan.  Also Read – ‘The great gold bull market has begun’Meanwhile, China’s foreign exchange reserves fell for the fourth straight month to $3.56 trillion in August, down by a record $93.9 billion from the previous month. China, the holder of world’s largest forex reserves $3,771,347 millions, has accrued its massive foreign exchange reserves by its successful exports in the past few decades. About $1.20 trillion of forex reserves were saved in American bonds. The current foreign exchange reserves mirrored a sluggish foreign trade, said Tan Yaling, dean of the Beijing-based China Forex Investment Research Institute. “The yuan began to fluctuate in August, and is not the reason for the depletion in reserves since May,” she said. On August 11, the central bank devalued the yuan by about 2 per cent against the dollar, the biggest one-day currency devaluation in two decades. Dividend tax rules eased to boost marketsChinese investors holding a stock for more than one year would be exempted from a 5-per cent dividend tax from Tuesday, a move aimed at boosting long-term investment following recent stock market collapse in the world’s second biggest economy. Those who have held a stock for one month or less will have to pay 20 per cent of the dividend they receive as income tax when they sell the stock, the government said today.People who have held a stock for over one month to one year will have to pay a 10 per cent dividend tax when they sell the stock, state-run Xinhua news agency reported.last_img read more

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The Top TED Talks of 2019 So Far and What You Can

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first_img Free Webinar | Sept. 9: The Entrepreneur’s Playbook for Going Global May 13, 2019 “Ideas worth spreading.”That’s TED’s tagline, and the organization — originally launched as a convergence of the technology, entertainment and design industries — has done its best to stick to that mission since 1984. Talks cover everything from how to recover from activism burnout to quantum computing explained in 10 minutes. Every second, 17 people watch a TED Talk, on average, and the organization’s videos have garnered well over one-billion views.If you’re looking for a spark of inspiration, here are six of the most compelling talks of 2019 so far, with key takeaways.3 Psychological Tricks to Help You Save Money (Wendy De La Rosa)There’s a reason saving more money ranks in the top five New Year’s resolutions each January: We all want to do it, but it’s easier said — or written down on a resolution list — than done. Behavioral scientist Wendy De La Rosa aims to change that in her TED Talk, teaching three psychological strategies for overcoming our propensity to spend-not-save.One preliminary thing to keep in mind: “It’s not about how smart you are or how much willpower you have,” said De La Rosa. Instead, she said, it’s about the environment in which you think about saving. Exhibit A: In one of De La Rosa’s studies, subjects who were shown their income on a weekly basis were able to budget better than people who were shown their monthly income total, she said.As for the three tricks? Number one is to “harness the power of precommitment,” said De La Rosa. We tend to see two versions of ourselves, our past selves and our future selves, and our future selves are perfect; they’ll have the motivation to wake up earlier, exercise more, save money and more. But we often forget, said De La Rosa, that the future self is the exact same person as the present self. We can use this potential shortcoming to our advantage by forcing ourselves to make saving decisions in advance through an app or automatic account deposits. In another of De La Rosa’s studies, one group of subjects received the following text in February: “If you get a tax refund, what percentage would you like to save?” The average answer: 27 percent. But when another group of subjects was asked — just after receiving their refund — how much they’d like to save, they chose an average 17 percent.De La Rosa’s other strategies: Use transition moments to your advantage — New Year’s, birthdays, a job change, a move — and get a handle on small but frequent purchases (for most people, eating out is at the top of that list).Why Working From Home Is Good for Business (Matt Mullenweg)Matt Mullenweg’s employees live all over the world, from California to New Zealand. He’s the cofounder of WordPress and CEO of Automattic, which has a 100 percent distributed workforce of close to 800 employees. Why? In his TED Talk, Mullenweg said he believes that “talent and intelligence are equally distributed throughout the world, but opportunity is not,” and that the most diverse perspectives inherently come from people living and working in countries different from your own.“In Silicon Valley, you have the big tech companies fishing from essentially the same small pond or bay,” said Mullenweg. “By making the company distributed, we can fish from the entire ocean.”  A distributed workforce also offers unprecedented flexibility for employees: They can choose the food they eat at their office, noise level, temperature and more.If you’re looking to skew your own office towards a distributed workforce, the first step is to document everything and leave a trail of your thought process in making different decisions, said Mullenweg. It’s not just efficient for people in different time zones; it’s also helpful for any company over time as people leave and join up.Mullenweg sees the future of work as being completely decentralized. “I think that companies will evolve to be ‘distributed first,’ or that they’ll be replaced by those that are,” he said.How to Make Applying for Jobs Less Painful (Priyanka Jain)If the idea of sending in a resume and cover letter makes you inwardly (or outwardly) groan, you’re not alone. According to a January TED Talk, about 75 percent of people who applied to jobs using various methods in the past year said they never heard anything back from the employer, and 46 percent of people get fired or quit within the first year of starting their jobs.“For the first time in history, we have more open jobs than unemployed people — and to me, that screams that we have a problem,” said Priyanka Jain, who’s featured in the TED Talk and is the head of product at Pymetrics, a company pairing neuroscience with recruiting.Jain believes that a single piece of paper is the heart of the problem. Resumes can showcase someone’s past achievements, she argues, but they fall short when it comes to someone’s potential — especially in a quickly changing economy, where jobs of the future may require skills no one has yet.As for the solution? Jain said multi-measure tests, powered by AI algorithms, can help potential employers gauge your memory strengths, levels of attentiveness and other traits. The key, she said, is to make them scalable (which, of course, is what her company Pymetrics aims to do). During her presentation, Jain showcases a brief example of a multi-measure test, in which viewers are asked to clap when a circle turns red and refrain when it turns green. Your results could inform potential employers of your strengths and weaknesses — e.g., if you clap late after the red circle appears but correctly never clap on green, you likely score high in attentiveness and restraint, similar to successful project managers and accountants. If you clap immediately upon seeing a red circle but sometimes incorrectly clap on green, you may skew towards impulsivity and creativity like some top-performing salespeople.The caveat: If companies like Pymetrics use current industry top performers and their traits to train algorithms, that could lead to bias against women and minorities. It’s vital for diverse teams of people to monitor and review these tools before they’re rolled out on any large scale.8 Lessons on Building a Company People Enjoy Working for (Patty McCord)Patty McCord always wanted to be an HR professional, to speak the language of management — but after her decades-long career in HR, including a 14-year stint as Netflix’s chief talent officer, she’s learned none of the HR jargon really matters and that many companies treat their employees like children. “In fact, I’ve learned ‘best practices’ usually means copying what everyone else does,” said McCord in her TED Talk.The job of management isn’t to control people; it’s to build great teams. The metric we should be using is customer happiness, said McCord, not arbitrary metrics like whether someone came to work on time or how many vacation days they used. Everyone in the company should understand the business, how it makes money and what success looks like there. And encourage your employees to get excited about change, said McCord: “Beware of the smoke of nostalgia.”Everyone in your company should be able to handle the truth, said McCord, and if you find it difficult to give employees feedback, it’s likely because you don’t practice enough. “What else do you do in your whole life that you’re really good at that you only do once a year?” she said. “Here’s what I’ve found: Humans can hear anything if it’s true.” Make it a priority to tell people the honest truth about what they’re doing right and what they’re doing wrong — while they’re doing it.  One more thing to keep in mind: Careers are journeys, and it’s rare for someone to want to work towards the same goal for their entire lives. “What if we created companies that were great places to be from,” said McCord, “and everyone who leaves you becomes a great ambassador for not only your product, but who you are and how you operate?”How to Lead a Conversation Between People Who Disagree (Eve Pearlman)We’re living in the Information Age, but some feel it’s never been harder to find the truth. Political divides grow deeper, technology seems to create more rifts than it mends and, from sea to shining sea, it’s growing increasingly more difficult for people to talk to each other in a calm, respectful, open way.Journalist Eve Pearlman wanted to change that, so she spearheaded Spaceship Media, a company prioritizing “dialogue journalism” — journalism-supported open discussions between people who disagree — and explained it in her TED Talk. After the 2016 election, she brought together 25 Clinton supporters from California and 25 Trump supporters from Alabama to talk about hot-button issues. The first question: What do you think the other side thinks of you? After getting those stereotypes out of the way, participants discussed guns, immigration, race and education. “What we found, remarkably, is that real dialogue is, in fact, possible — and that when given a chance and structure around doing so… many of our fellow citizens are eager to engage,” said Pearlman.Our current state of discord doesn’t benefit anyone, said Pearlman, and people often appreciate the chance to engage curiously, openly and respectfully. They want “a chance to put down their arms.” Many of Spaceship Media’s Facebook groups have spun off into member-run groups, individual friendship and, most of all, real human connection across difference.“We do our work in direct challenge to the political climate in our country right now, and we do it knowing that it is difficult, challenging work to hold and support people in opposing backgrounds in conversation,” said Pearlman. “We do it knowing democracy depends on our ability to address our shared problems together.”How to Spot a Pyramid Scheme (Stacie Bosley)In 2004, a new company called Vemma Nutrition started offering anyone, regardless of education or experience, the opportunity to earn part-time income for full-time work. The only requirements to get started: Spend $500 to $600 on a product kit and recruit two more members to do the same, explains economist Stacie Bosley in her TED Talk. By 2013, Vemma Nutrition had expanded globally and brought in $200 million per year. But it turned out that most members earned less than their initial deposit, and Vemma was charged with operating a pyramid scheme.So how do you identify — and avoid — a pyramid scheme? The primary red flag: A founder solicits an initial group of people to buy into the company and recruit other members, with the promise they’ll earn a commission for each new person who joins or invests. The founder also takes a share. The catch: “As a pyramid scheme grows, it becomes increasingly difficult for new recruits to make money,” said Bosley. For example, the founder recruits an initial group of six, who then recruit six people each (adding up to 36), who then, in turn, each recruit six others: a total of 216. By the twelfth recruiting round, the 2.1 billion new members would be tasked with recruiting over 13 billion others — more than the world population — in order to turn a profit, said Bosley. In this example, over 80 percent of the scheme’s newest participants lose everything they paid in.As for the difference between pyramid schemes and “legitimate” multi-level marketing (MLM) opportunities? Bosley said it’s a question of whether members primarily earn compensation from selling a product or service or from recruiting new members. If you’re considering taking on a new opportunity, keep an eye out for red flags, as many pyramid schemes disguise themselves as legal MLMs. Register Now »center_img Growing a business sometimes requires thinking outside the box. 11 min readlast_img read more

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Google Cloud hands over Kubernetes project operations to CNCF grants 9M in

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first_imgGoogle today announced that it is stepping back from managing the Kubernetes architecture and is funding the Cloud Native Computing Foundation (CNCF) $9M in GCP credits for a successful transition. These credits are split over a period of three years to cover infrastructure costs. Google is also handing over operational control of the Kubernetes project to the CNCF community. They will now take ownership of day-to-day operational tasks such as testing and builds, as well as maintaining and operating the image repository and download infrastructure. Kubernetes was first created by Google in 2014. Since then Google has been providing Kubernetes with the cloud resources that support the project development. These include CI/CD testing infrastructure, container downloads, and other services like DNS, all running on Google Cloud Platform. With Google passing the reign to CNCF, it’s goal is to make make sure “Kubernetes is ready to scale when your enterprise needs it to”. The $9M grant will be dedicated to building the world-wide network and storage capacity required to serve container downloads. In addition, a large part of this grant will also be dedicated to funding scalability testing, which runs 150,000 containers across 5,000 virtual machines. “Since releasing Kubernetes in 2014, Google has remained heavily involved in the project and actively contributes to its vibrant community. We also believe that for an open source project to truly thrive, all aspects of a mature project should be maintained by the people developing it. In passing the baton of operational responsibilities to Kubernetes contributors with the stewardship of the CNCF, we look forward to seeing how the project continues to evolve and experience breakneck adoption” said Sarah Novotny, Head of Open Source Strategy for Google Cloud. The CNCF foundation includes a large number of companies of the likes of Alibaba Cloud, AWS, Microsoft Azure, IBM Cloud, Oracle, SAP etc. All of these will be profiting from the work of the CNCF and the Kubernetes community. With this move, Google is perhaps also transferring the load of running the Kubernetes infrastructure to these members. As mentioned in their blog post, they look forward to seeing the new ideas and efficiencies that all Kubernetes contributors bring to the project’s operations. To learn more, check out the CNCF announcement post and the Google Cloud Platform blog. Read Next Kubernetes 1.11 is here! Google Kubernetes Engine 1.10 is now generally available and ready for enterprise use. Kubernetes Container 1.1 Integration is now generally available.last_img read more

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