Funding from Gaming Remains Stable

first_img The corporation’s flagship program, Support4Sport, continues to be the largest single source of sport funding in the province and Nova Scotians raised $3.8 million this year to support athletes of all abilities. An additional $4 million was raised through the Support4Culture program for Nova Scotia arts, culture and heritage, up from $2.3 million last year. The Support4Communities program continues to help charities achieve fundraising goals. After helping non-profits raise $125,000 this year, Support4Communities has now raised over $1 million for good causes. “We’re looking forward to continuing the good work we’ve accomplished this year. We will do that by remaining focused on our commitment to Nova Scotians,” said Mr. MacKinnon. The 2017-18 financial statements are available at . $146.9 million payment to province 512 full- and part-time jobs for Nova Scotians $38.7 million in commissions for 1,335 small business owners $6.6 million for the prevention, education and treatment of problem gambling $7.8 million to fund important community-based programs, including sport, culture, and the arts Profits from the province’s regulated gaming industry increased 1.6 per cent in 2017-18 over the last fiscal year, providing funding to support important programs for Nova Scotians. Figures released today, July 19, by the Nova Scotia Gaming Corporation show its payment to the province for the year was $146.9 million compared to $144.6 million in 2016-17. “The sustainability of Nova Scotia’s regulated gaming industry depends on it being managed in a socially responsible manner,” said Bob MacKinnon, president and CEO of the Crown corporation. “That’s where we come in, and we’re proud to return 100 per cent of the profits to Nova Scotians for essential services like health care, roads, schools, sports and cultural programs.” The corporation works to ensure the regulated gaming industry offers games that are fun, safe and responsible to adult Nova Scotians who choose to gamble. Recent results show that 81 per cent of Nova Scotians support its commitment to responsible gambling. Working closely and collaboratively with Atlantic Lottery Corporation and Casino Nova Scotia, the corporation offers oversight and training to an industry that employs more than 500 Nova Scotians. Overview of Nova Scotia’s gaming industry for 2017-18:last_img read more

PokerStars owner sells its stake in NYX Gaming for 35 million to

first_imgTORONTO – The Stars Group Inc. (TSX:TSGI) has agreed to sell all of its stake in NYX Gaming Group Ltd. for $35.5 million cash to a company that’s been working on a friendly takeover of the Las Vegas-based company (TSXV:NYX).The buyer is Scientific Games Corp. (Nasdaq:SGMS) which will pay $2.40 for each ordinary share of NYX and each preferred share of NYX Digital Gaming (Canada) ULC purchased from Stars Group — owner of PokerStars.Scientific Games has also agreed to a price adjustment for the Toronto-based Stars Group in certain circumstances if it pays more than $2.40 per share to acquire the rest of NYX — which has an enterprise value of about $775 million.NYX shares closed on Sept. 19 at $1.13 prior to the original announcement of its friendly takeover agreement with Scientific Games. They opened Friday at $2.41, down from a post-offer high of $2.48 on Wednesday.The original deal between NYX and Scientific Games was announced Sept. 20 and amended on Nov. 21.last_img read more

EU Urged to Shed Light on Killing by Algerian Army of

first_imgBrussels – French Socialist Euro-deputy Gilles Pargneaux urged the European Commission to shed light on the killing by the Algerian army of two Sahrawi tradesmen at the Algerian-Mauritanian border.Two young Sahrawi tradesmen were killed in January by the Algerian army in the “Oudiyat Toutret” region, at the border between Algeria and Mauritania, asked Pargneaux in a question to European Union foreign policy chief Catherine Ashton.Khatri Ahmedha Khandoud and Aliyenne Mohammed Abbih were boarding a car when they were shot in the Algerian army, said the French Socialist MP, noting that both men were killed by live ammunition. Pargneaux asked the European Union foreign policy chief if she is intending to conduct an investigation to shed light on this incident and uncover the truth.last_img read more

Public Institutions Are Obliged to Use Arabic in Documents Correspondences Minister

Rabat – State departments, local communities and public institutions are all obliged to use the Arabic language in their documents and correspondences, says Mohamed Moubdii, Minister Delegate to the Head of Government, for Civil Service and Modernization of Public Administration.Speaking in a session of oral questions in the House of Representatives on Tuesday, the Moroccan Minister said that two publications have been issued by the Prime Minister in 1998 and 2008, compelling state departments, local communities and public institutions to use Arabic and to abstain from using foreign languages except in cases involving third parties or technical documents that are difficult to translate into Arabic.Mohammed Moubdii went on to say that the Arabic language is an essential ingredient of the Moroccan identity, highlighting that chapter 5 of the Moroccan constitution clearly states that “Arabic remains the official language of the state and that the state shall protect and develop its use.” The Minister also said that the government took new measures to reinforce the presence of the Arabic language inside the Moroccan administration such as a lexicon of administrative terminology in order to assist departments use the Arabic language. read more

Commerce official wants businesses to get Trump tax break

PROVIDENCE, R.I. — Rhode Island’s commerce secretary said Thursday he’s analyzing new regulations issued by the Trump administration about a program for giving tax breaks for investing in low-income areas to ensure concerns by state economic development officials were considered.The Opportunity Zones program was included in the $1.5 trillion tax cut legislation the administration pushed through Congress in 2017 to enable private investors to re-invest profits into designated low-income areas. They can get a tax benefit by deferring capital gains invested in the zones.Rhode Island Commerce Secretary Stefan Pryor said he and other state officials have urged the administration to make sure tax breaks for investing in the areas were not only for real estate transactions but also for businesses operating in these areas. Pryor said he’s the chairman of a new network of state economic development executives, formed recently to discuss federal and state policies, including the Opportunity Zones.Pryor attended a White House conference Wednesday where proposed regulations were unveiled to clear up confusion over how federal tax rules would be interpreted. President Donald Trump spoke.Pryor said he questioned Treasury Department officials at the conference about tax breaks for operating businesses in zones. While he was told there was a revision to the regulations on that point, Pryor said he’s still reviewing precisely what they did to see whether the program will work as state officials had hoped.Governors were allowed to designate up to a quarter of their states’ low-income census tracts as Opportunity Zones. Rhode Island’s governor designated 25 low-income areas in 15 municipalities.“As a small state with limited resources, we utilize every tool at our disposal to promote and advance the economy,” Pryor said. “This is a new federal measure that every state has available to it. We aim to utilize it to the max and ensure that we’re competing effectively with other states.”Trump said at the conference that governors in all 50 states and U.S. territories had designated 8,700 neighbourhoods as Opportunity Zones.Jennifer McDermott, The Associated Press read more

Markets update

On the markets at 9:50 a.m. (ET):In Toronto, the S&P/TSX composite index was up 14.45 points to 15,468.68.The Dow Jones industrial average was down 15.03 points to 22,334.56.The Standard & Poor’s 500 index was down 2.38 points to 2,499.84.The Nasdaq composite index was down 32.85 points to 6,394.07.The Canadian dollar was trading at 81.16 cents US, down from Friday’s average price of 81.19 cents US.

US firm TPG pulls out of SriLankan Airlines bid talks

“It is their opinion that allocating the human and financial resources to make the airline profitable will not realise sufficient returns, compared to the many other investment opportunities that are available to them,” he said. The government called for bids in July and had expected to award the restructuring process by end 2016 but it said in February the bids from the three short-listed companies were too low.Dias also said the government was pursuing other options to find a partner and the airline should continue on the path of improving its financial and operational performance.The national carrier is struggling with colossal debt and decided to sell four new Airbus A350s after cancelling an order for four of the aircraft. It has also stopped some loss-making destinations to the Europe. US private equity firm TPG, one of three bidders short-listed to buy a 49 percent stake in state-owned SriLankan Airlines, has pulled out of talks about the potential acquisition, the chairman of the national carrier said, according to the Reuters news agency.Sri Lanka has been looking to sell the minority stake in the airline along with management control, part of a broader move to reduce its holdings in state-owned firms and cut debt. Officials from TPG were not immediately available for comment.TPG, Sri Lanka-based Peace Air and a Maldivian company had been short-listed from about nine bids for the 49 percent stake, including from U.S. investment manager BlackRock Inc. “After completing the due diligence process, regrettably TPG have informed us they will not pursue a potential investment in SriLankan Airlines,” Ajith Dias, chairman of the carrier said in an internal memo to employees seen by Reuters. read more

UN symposium examines strategies to combat terrorism

The discussions are part of a symposium which aims to help contribute to a broad, comprehensive and sustained strategy to fight terrorism and eradicate it from the world, according to Jayantha Dhanapala, the head of the UN Department of Disarmament Affairs, which organized the event.Commenting on the changed landscape in opening remarks to participants, Mr. Dhanapala stressed that old concepts of deterrence and theories of conventional war are not applicable to the battle against terrorism. He noted that the potential for violence calculated to produce chaos and endanger civilian populations was far greater and more destructive than in the past. “We need a common strategy in the disarmament area to deal with this global challenge while pressing ahead with our agreed objectives of achieving a common security with the elimination of all weapons of mass destruction and the reduction of conventional arms to the lowest possible level for legitimate national defence,” he said, stressing that the UN “provides a forum for designing the strategy in the battle against terrorism.”The symposium’s programme featured an overview of the terrorist threat to international peace and security by Professor Paul Wilkinson of the University of Saint Andrews, a discussion on the threat of nuclear terrorism led by Anita Nilsson, of the International Atomic Energy Agency (IAEA), and a talk by Mikhail Berdennikov of the Organization for the Prohibition of Chemical Weapons on those arms and terrorism.Among the other participants, Ambassador Tibor Tóth of Hungary focused on the issue of bioterrorism in the context of the Biological Weapons Convention, Rohan Gunaratna of the University of Saint Andrews examined terrorism and small arms and light weapons, and V. P. Salov of the Russian Ministry of Foreign Affairs explored the issue of financing weapons acquisitions by terrorists. read more

Stock markets rise as Federal Reserve releases cautious economic outlook

Stock markets rise as Federal Reserve releases cautious economic outlook by Linda Nguyen, The Canadian Press Posted Mar 20, 2013 9:15 am MDT AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to RedditRedditShare to 電子郵件Email TORONTO – Signs that the U.S. economy is continuing to head towards a full recovery helped boost North American markets to a higher close Wednesday.The S&P/TSX composite rose 52.68 points to 12,826.55 while the TSX Venture Exchange slid 0.54 points to 1,105.97.The Canadian dollar was up 0.15 of a cent at 97.52 cents US.The U.S. Federal Reserve said that although the economy has strengthened in the past few months, special measures still need to be taken to ensure that the unemployment rate continues to drop.As a result, the Fed said it would keep interest rates at record lows until unemployment falls to 6.5 per cent, something it doesn’t forecast happening until at least 2015. In February, the U.S. unemployment rate was down to 7.7 per cent.The U.S. central banking system also plans on continuing to buy $85 billion a month in bonds indefinitely to keep long-term borrowing costs down.“The Fed is not only keeping its overnight interest rates low but it’s also buying assets as a way to inject money into the economy and push longer-term rates lower,” said Craig Fehr, a market strategist with Edward Jones in St. Louis, Mo.“Our view is that the ultimate withdrawal of monetary policy stimulus from the Fed is going to be a graduated process, where they first reduce asset purchases, ultimately concluding those purchases and, in the longer term, raising the short-term interest rate.”Fehr say the cautious outlook shows that it sees a rebound but is still reluctant to withdraw all stimulus.“The fed does see some improvement in the economy but not enough to take its foot off the pedal,” he said.One of the reasons may be that it doesn’t want a repeat of the last three years, where the economy looked like it was turning a corner at the beginning of the year but then did not meet expectations later on.On Wall Street, the Dow Jones industrials was up 55.91 points to 14,511.73. The Nasdaq was ahead 25.09 points at 3,254.19 and the S&P 500 index gained 10.37 to 1,558.71.In commodities, the April crude contract on the New York Mercantile Exchange jumped 80 cents to US$92.96 a barrel. Canadian Natural Resources Ltd. (TSX:CNQ) was up 34 cents, or 1.02 per cent at C$33.62 per share.The May copper contract gained 0.4 cents to settle at US$3.446 a pound. Teck Resources Ltd. (TSX:TCK.B) rose 72 cents, or 2.53 per cent, to C$29.17.April bullion fell $3.80 to US$1,607.50 an ounce. Barrick Gold Corp. (TSX:ABX) edged down half a cent a cent to C$29.59.Shares in gold-producer Aurizon Mines Ltd. (TSX:ARZ) were the most heavily traded stock on the Toronto Stock Exchange, down 0.67 per cent to $4.45 on a volume of 22,814,226 shares. the heavy trading came a day after Alamos Gold Inc. (TSX:AGI) dropped its hostile takeover bid due to a $27.2-million break fee that would have had to be paid to white knight Hecla Mining.Late Tuesday, Vancouver-based Aurizon said it stood by the $4.75 per share offer from Hecla over Alamos’ earlier bid of $4.65 and urged shareholders to approve the deal at its next meeting.The second-highest traded company, BlackBerry (TSX:BB), formerly known as Research in Motion, rose $1.11, or 7.2 per cent, to $16.53 on 13.1 million shares.Meanwhile, European markets saw gains Wednesday, possibly signalling that recent fears over the financial crisis in Cyprus may have been initially overblown.Germany’s DAX closed up 0.68 per cent at 8,002.97 while the CAC-40 in France rose 1.43 per cent to 3,829.56.Meanwhile, Cypriot markets remain closed alongside banks until at least next week.If Cyprus doesn’t work out a way to get the money it needs to qualify for an international bailout, the banks could fail, fuelling financial chaos that could eventually cause the country to leave the euro.That’s a scenario European policy-makers want to avoid for fear that an exit by one country — even one with a tiny economy like Cyprus — could spell the eventual end of the currency.“Obviously, Cyprus in and of itself does not represent a tipping point for the global economy or the financials in Europe,” Fehr said.“But I think what has the markets’ attention, and rightfully so, is that one, it represents that the European crisis continues on.”“It also highlights there are still bigger issues here at play… (such as) the potential for these types of issues to bleed over into much larger countries such as Spain and Italy have really rattled the cages of the markets more recently.”In the U.K., the FTSE 100 index of leading British shares fell 8.62 points to 6,432.70, after seeing upward movement in the morning.On Wednesday, the country’s Conservative government unveiled a tough budget that forecasted a possible third recession in a little more than four years.George Osborne, Britain’s finance minister, also says his growth forecast for this year is 0.6 per cent — half the previous estimate. He lowered the 2014 growth estimate to 1.8 per cent, down from the previous two per cent prediction.On Thursday, investors in Canada will be watching as the federal government delivers its annual budget after markets close.Finance Minister Jim Flaherty’s eighth budget is not expected to contain any new spending programs as Ottawa continues to grapple with balancing its books within two years. read more

13 of the English languages most delightful collective nouns

first_imgOF ALL THE elements of the English language, the most delightful has got to be the collective noun.When the word for a group of something is just right, it can be a real joy.Like these, for example.  How many did you know already?A cackle of hyenas Source: bduAn illusion of painters Source: photophildeAn impatience of wives Source: Keith AllisonAn ostentation of peacocks Source: Madison BerndtA rascal of boys Source: USFWS PacificA sentence of judges Source: Laura HuttonA hand of bananas Source: 24oranges.nlA superfluity of nuns Source: Christophe BeckerA wunch of bankers Source: Mary PoppinsA flourish of blossoms Source: Franck MahonA rhumba of rattlesnakes Source: Tambako the JaguarA babble of barbers Source: Mr AT( Alec Trusler LRPS)A shuffle of bureaucrats Source: Adam Jones, Ph.D. – Global Photo ArchiveTwitter was delighted at Claire Byrne’s return to Prime Time last night>Woman enlists the help of an entire town to find guy she met in bar>last_img read more

New iPad mini to use iPhone 5 processor but no Retina Display

first_imgAnyone hoping for a Retina Display to form part of the next generation iPad mini is going to be disappointed, but you can expect a much faster tablet from Apple.Three new iPad mini models have been found referenced both within the iOS 7 SDK and the beta version of the mobile operating system. The current generation are models 2.5, 2.6, and 2.7, which represents one WiFi-only and two cellular-enabled versions of the tablet. The new models are predictably referenced as 2.8, 2.9, and 2.10, suggesting the same three-model line-up.The guesses at hardware come from the references included alongside those new models. For example, the “Platform” is listed as s518950x, which also happens to be the reference used for the A6 processor the iPhone 5 uses. The current iPad mini uses an A5 system on a chip, which includes a dual-core 1GHz ARM Cortex A9 processor and 2-core PowerVR SGX543MP2 GPU. Shifting to the iPhone 5 A6 SoC would mean the new iPad mini moves up to a 1.3GHz processor and a 3-core version of the SGX543MP2 GPU. It also seems likely 1GB of RAM will be used instead of the current 512MB.Combined, that updated spec should make the iPad mini a much faster tablet if everything else stays the same. And it looks like everything else will remain the similar across generations as Apple isn’t including a Retina Display.Evidence of a lack of Retina Display comes from no reference to @2z. All existing Apple devices that use a Retina Display include @2x in their reference string. The new iPad mini models listed in iOS 7 do not, so we therefore shouldn’t expect the display resolution to increase.Those of you disappointed by a lack of Retina Display should still look forward to the new mini purely for the speed bump it will offer. With the resolution likely to remain at 1024 x 768, the tablet has the potential to perform like an overclocked iPhone 5.last_img read more

Festival at Sunshine

first_imgA festival of sunshine, with all things Greek has been organised by the Greek Cypriot Parent and Youth Club Western Suburbs of Melbourne Inc. The 22nd annual Greek Cultural Festival at Sunshine is a family friendly event. The festival will encompass plenty of music, singing and dancing and traditional Greek Cypriot food including: souvlaki, sheftalia, kleftiko, koupes and various pastries.In the evening, Greek dancing groups will perform in traditional costumes with a rock’n’roll floor show to follow. Festival at Sunshine will be held at 206 Glengala Road, West Sunshine, on Saturday 21 and Sunday 22 April from 4:00 pm on Saturday till midnight and midday on Sunday to 9:00 pm. Entry is free and everyone is welcome. For more information contact George Pavlides on 0408 584 866. Facebook Twitter: @NeosKosmos Instagramlast_img read more

Oregon DOJ seeks data from 5Hour Energy

first_imgPORTLAND — The Oregon Department of Justice is demanding unredacted data from the makers and marketers of 5-Hour Energy drink that back its advertising claims.The Oregonian reports that those claims include that the two-ounce caffeinated energy shot is recommended by doctors and that drinkers don’t experience a crash when the effects wear off.The state filed legal papers in Multnomah County Circuit Court last week against Innovation Ventures LLC, Living Essentials LLC and Microdose Sales LLC.A 5-Hour Energy spokeswoman declined comment on Wednesday.Oregon is part of a group leading a multi-state investigation into the accuracy of the drink’s claims. The states are concerned about the drink’s safety.A U.S. Food and Drug Administration database contains 92 “adverse incident reports” involving 5-hour Energy, including 11 deaths.In June, the companies filed a suit trying to block state investigators from getting the unredacted information.last_img read more

Ruth Owens Kruse Education Center struck by gunfire

first_imgPolice said the scene is no longer active, but officers are still investigating the incident.Officials are now looking for a subject who fled in a white Toyota from a nearby neighborhood.Copyright 2019 Sunbeam Television Corp. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. SOUTHWEST MIAMI-DADE, FLA. (WSVN) – Police were investigating after Ruth Owens Kruse Education Center in Southwest Miami-Dade was struck by gunfire.Officials responded to the scene after a teacher discovered a window with a bullet hole at the school along Southwest 76th Street and 110th Avenue, Friday morning.Miami-Dade Police also arrived on scene to assist Miami-Dade Schools Police during the investigation.According to Miami-Dade County Public Schools, the shots were fired at a nearby park, and the school was subsequently placed on lockdown.Nearby Terra Environmental Research Institute was also reportedly on lockdown out of an abundance of caution.By noon, a heavy police presence was still visible on the school’s campus.No injuries were reported. last_img read more

Alutiiq community seeks cityowned property for Memorial Park

first_imgThe Alutiiq Museum is scoping out a site to bury ancestral remains that returned to the island in February. The internment would be the end of the ancestors’ long journey.Listen nowArchaeologists in the 1960s removed the remains from a gravesite on Chirikof Island and took them out of state. The majority of the remains ended up at Indiana University Bloomington.That’s where they stayed until the Alutiiq Museum was finally able to reclaim them.The repatriation process is now complete. Last week, the U.S. Fish and Wildlife Service signed over legal control of the remains to the Sun’aq Tribe. Burial is the next step.Tonight, the City Council will consider the museum’s request to create an Alutiiq Memorial Park where the community can rebury repatriated ancestors.Alutiiq Museum staff has pinpointed an undeveloped, city-owned parcel behind the museum for the park.Executive director April Laktonen Counceller said the memorial itself would be at the center of the property.“For practical purposes, we’re probably gonna do something simple and natural,” Counceller said. “Maybe a circle of stones, maybe some other sort of arrangement. We haven’t really decided. There would be some trails going through it. There already are a few trails that pedestrians use to cut across that lot, and we’re hoping to preserve those.”According to a timeline in the meeting packet, the staff thinks it could begin landscaping next winter.Also on the work session agenda will be the Salmon Work Group’s request for funding. Kodiak fishermen are reestablishing the group in order to defend against any possible claims by Cook Inlet fishermen on Kodiak-area salmon. The call-to-arms comes after a recent Alaska Department Fish and Game genetic study found that many Kodiak salmon may have originated in Cook Inlet streams.The work group explains its need for help in a letter to the council. It points out that the community and economy benefit from salmon fishermen’s taxes and profits and any attacks on the fishing community impact Kodiak too.The letter also states that the work group is only loosely organized so far and needs the funds now rather than later in order to hire expert assistance before the next Alaska Board of Fisheries meeting in October.The Kodiak Island Borough Assembly, meanwhile, has already agreed to direct $7,500 toward funding the work group.last_img read more

Chinese President Xi Jinping other leaders in Japan for G20

first_imgOSAKA: Trade and geopolitical tensions, and the looming threat of climate change, are on the agenda as Chinese President Xi Jinping and other world leaders gather in Osaka, Japan, for a summit of the Group of 20 major economies. While prospects for detente in the trade war between the world’s two largest economies, the United States and China, are a major preoccupation ahead of the two days of meetings that begin Friday, many participating are calling for a broader perspective in tackling global crises. Also Read – EAM Jaishankar calls on European Parliament President David Sassoli Advertise With Us “This will be a difficult G-20, there are global challenges to be met, we need to step up to avoid the climate threats, reform the World Trade Organization and prepare for the digital revolution,” Donald Tusk, president of the European Union Council said at a meeting with Japanese Prime Minister Shinzo Abe. He noted the summit came at a time when international tensions were growing, for example, over Iran’s nuclear deal and trade between the United States and China. Also Read – This is why Denmark, Sweden and Germany are considering a meat tax Advertise With Us President Donald Trump was due to arrive later Thursday, and to meet with Xi on Saturday as the G-20 meetings conclude. Xi was also expected to hold talks with Abe, seeking a breakthrough after years of strain over territorial disputes. It is his first visit to Japan since he became communist China’s top leader in 2013.A visit by Xi to North Korea last week raised hopes for some movement in the impasse with the U.S. over Pyongyang’s nuclear program. Advertise With Us Trump also is due to visit South Korea after leaving Japan, raising speculation there may be more news on Korean issues during his Asian travels. Trump has at times found himself at odds with other leaders in such international events, particularly on issues such as Iran, climate change and trade. Abe has sought to make the Osaka summit a landmark for progress on environmental issues, including climate change. French President Emannuel Macron reinforced that message during a state visit to Tokyo on Wednesday, where he described climate change as a “red line” issue for endorsing a G-20 communique. “It’s the moment to be truly in time in the face of history and to fulfil our responsibility,” Macron said. “I will not sign if we don’t go further in our ambition about climate change. That would mean all those summits are for nothing.”last_img read more

High Court serves notice on Home Secretary DGP

first_imgHyderabad: Division bench of the Telangana High Court comprising Chief Justice Raghavendra Singh Chauhan and Justice Shameem Akhtar on Monday served notices on the Principal Secretary, Home, and the Director General of Police on a Public Interest Petition (PIL) challenging the indefinite detention of vehicles and sending communication to private organisations on their employees being caught on drunk and drive charges. Also Read – District Collector Bharathi Hollikeri inspects Model School in Mancherial Advertise With Us Petitioner, V Prudhvi Krishna, represented by advocate Umesh Chandra PVG, approached the court against the indefinite detention of vehicles in drunk and drive cases. The petitioner termed the police action as illegal, arbitrary and ultra vires the Constitution. The petitioner further submitted to court that information about those caught in drunk and drive cases was being sent to their employers. Also Read – Good response to police health camp in Nirmal Advertise With Us Such an action was against the safeguards enshrined in the Constitution and abuse of legal process. The bench after serving notices on the respondents posted the matter to July 22 for further hearing. Plea on Secretariat rejected The bench of the Telangana High Court comprising Chief Justice Raghavendra Singh Chauhan and Justice Shameem Akhtar rejected a lunch motion request made during the mentions time before the bench on Monday. Advertise With Us The counsel submitted before the court that lunch motion petition must be taken up immediately as the government is contemplating demolition of buildings at the Secretariat. However, the bench denied hearing the lunch motion petition as there was no urgency in the matter and directed the counsel to file a regular petition.last_img read more

ChennaiFloods Royal Enfield production disrupted waiting period likely to increase

first_imgThe heavy downpour in Chennai has derailed the production and supply of the Royal Enfield motorcycles and its offices in the city have been closed temporarily. The motorcycle manufacturer who has two plants in Chennai for bike production for the domestic and international markets said the plants in Thiruvottiyur and Oragadam have been shut from 1 December.”The unprecedented rainfall in Chennai has severely affected the city, including our employees, our manufacturing facilities and offices. The floods caused by the rain have also impacted logistics and our supply-chain, resulting in disruption of our production,” a Royal Enfield spokesperson said in a statement.Due to the rains, the company had in November lost production of 4,000 motorcycles reports the Economic Times. The company registered a 48% jump in sales in November 2015 with 40,769 units against the 27,542 units sold in the same month last year. However, when compared to the 44,522 units sales in October 2015, the production has come down because of the rains in the last month.The suspension of the production is expected to result in extended waiting period for the Royal Enfield motorcycles. The products such as the Classic range already commands an over 6 months waiting period in many cities.last_img read more

Conservative Mitsotakis vows to make Greece proud after vote triumph

first_imgGreece`s newly elected prime minister and leader of conservative New Democracy party Kyriakos Mitsotakis, speaks to the press outside the party`s headquarters after the official results of the elections, in Athens on 7 July 2019. Photo: AFPGreece’s conservative prime minister-elect Kyriakos Mitsotakis vowed that the country would “proudly” enter a post-bailout period of “jobs, security and growth” after winning a landslide victory in Sunday’s general election.Official results showed Mitsotakis on track to crush leftist premier Alexis Tsipras, who oversaw austerity meausures after Greece’s dramatic rescue by international creditors in the European debt crisis.”A painful cycle has closed,” Mitsotakis said in a televised address, adding that Greece would “proudly raise its head again” on his watch.”I will not fail to honour your hopes,” he said as early congratulation calls came from outgoing European Commission chief Jean-Claude Juncker and Turkish President Recep Tayyip Erdogan.With official results from 94 per cent of polling stations, New Democracy scored a crushing victory by nearly 40 percent — its best score in over a decade — to 31.5 per cent for Tsipras’s leftist Syriza party.”I want to see this people prosper. I want to see the children who left to return,” he later told party supporters.Mitsotakis will be sworn in as Greece’s new prime minister on Monday.Tsipras had earlier admitted defeat after over four years in power that saw Greece emerge from its third bailout.The 44-year-old warned that his Syriza party would “dynamically” resist efforts to scale back the party’s pro-labour reforms.If the results are confirmed, the 51-year-old Harvard graduate and former McKinsey consultant Mitsotakis will have a majority of 158 lawmakers in the 300-seat parliament. Tsipras’s party will have 86 seats.The final number will depend on how smaller parties fare. They need at least 3.0 per cent of the vote to enter parliament.A family affairNew Democracy was last in power in 2014, in coalition with the Greek socialists.Mitsotakis is a scion of one of Greece’s top political families.He is the son of former prime minister Constantine Mitsotakis, one of the country’s longest-serving parliamentarians.His sister is former minister Dora Bakoyannis, Athens’s first female mayor. And new Athens mayor Costas Bakoyannis, elected in May, is his nephew.Sunday’s election was Greece’s third in as many months, and the first held in midsummer since 1928.In May, New Democracy beat Syriza by nearly 9.5 points in European parliament elections. A week later, it completed a near-sweep of Greek regions in local elections.After that, Tsipras was forced to call an early general election. His term was scheduled to end in the autumn.’Chance to recover’Greece’s youngest premier in more than a century, Tsipras had trailed in the polls for months amid widespread dissatisfaction over high taxes.”Greece is exiting 10 years of crisis and the new government will have the heavy task to give a chance to the country to recover completely or to sink”, 36-year-old Aphrodite told AFP, as she cast her vote in the bohemian downtown Athens neighborhood of Exarcheia.”I hope that from tomorrow we will be able to breathe with relief. To take a deep breath, if Mitsotakis does what he promises,” added Athinodoros, a 48-year-old self-employed worker.Tsipras has accused Mitsotakis — who was part of a 2012-2014 crisis government — of “disastrous” mismanagement that brought hundreds of thousands of job losses and business failures.Mitsotakis has now pledged to create “better” jobs through growth, foreign investment and tax cuts and to “steamroll” obstacles to business.Tsipras — who reduced unemployment and raised the minimum wage for the first time since 2012 — was criticised for campaigning as an anti-austerity crusader before eventually accepting a third EU bailout and the economic cutbacks that entailed.In parts of the country, there was also a backlash against a controversial agreement with North Macedonia that ended a bitter 27-year dispute over the country’s name.New partiesThe new smaller parties fighting to secure representation are Greek Solution, a nationalist party formed by TV salesman Kyriakos Velopoulos, and MeRA25, an anti-austerity party founded by maverick economist and former Greek finance minister Yanis Varoufakis.According to the exit polls, Varoufakis’s party could elect nine lawmakers.Greek Solution could end up with 10 deputies, while neo-Nazi party Golden Dawn looks likely to be shut out of parliament for the first time since 2012.Golden Dawn, until recently Greece’s third-ranking party, is in steep decline amid an ongoing trial for the 2013 murder of an anti-fascist rapper, allegedly carried out with the knowledge of senior Golden Dawn members.Mitsotakis has promised to hit the ground running. A Eurogroup finance meeting on Monday will convene to discuss the state of Greece’s economy after tax cuts rolled out by Tsipras in May.last_img