ANALYST VIEWS: HOW LIKELY

first_img ANALYST VIEWS: HOW LIKELY More From Our Partners Russell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.org980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.org KCS-content Share by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastNoteabley25 Funny Notes Written By StrangersNoteableyMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBetterBe20 Stunning Female AthletesBetterBemoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comSenior Living | Search AdsNew Senior Apartments Coming to Scottsdale (Take A Look at The Prices)Senior Living | Search Adsautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen Herald Tags: NULLcenter_img whatsapp whatsapp TOM GIDLEY-KITCHIN | CHARLES STANLEYWe see C&WW’s networks and business as being attractive to a number of potential acquirers but we had not expected there would be any bid interest for another 12 months or so and that may well still be the case.WILL DRAPER | EXECUTION NOBLEA bid is likely eventually, but it probably won’t come from Singapore?Telecom – a firm with little UK business and therefore few synergies. The natural bidders for C&WW are France Telecom, Telefonica and Vodafone.MARK JAMES | LIBERUM CAPITALI think a bid is unlikely from Singapore Telecom – looking at the other acquisitions it has made, the company has sought to buy growth overseas that it is lacking domestically, and in my view C&WW cannot offer that. Show Comments ▼ Monday 6 September 2010 8:21 pmlast_img read more

Malaysian budget increases gambling penalties

first_img Tags: Online Gambling Casino & games Subscribe to the iGaming newsletter 15th October 2019 | By Daniel O’Boyle Email Address Topics: Casino & games Legal & compliance AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Malaysia’s Minister of Finance, Lim Guan Eng, has announced that punishments for both gamblers and gambling operators will increase as part of the country’s 2020 budget.The budget, introduced on Friday (11 October), also sets out that the number of four-digit lottery draws per year run by the Number Forecast Operators (NFO) will be reduced from 11 to eight.The maximum penalty for those who gamble illegally will be increased 20-fold from RM5,000 (£943/$1,084/$1,193) to RM100,000. In addition, where previously there was no minimum sentence for gambling under the Common Gaming Houses Act of 1953, it will now carry a jail term of no less than six months.For illegal gambling operators, the minimum penalty of RM1m replaces the former minimum penalty of RM5,000. Operating illegal gambling previously carried a maximum penalty of RM50,000, but no maximum penalty is mentioned in the new budget.With the exception of the NFO four-digit games, Gambling is against the law for all Malaysian citizens, but the country does permit foreigners to gamble at the Genting Highlight Resort.The increase in punishments comes soon after Malaysian police announced the arrests of 247 people in connection with illegal China-facing online gambling operations that authorities say took in RM24.8 (£4.8m/€5.4m/$5.9m) per month. The authorities seized RM 3.12bn worth of assets in the raids, which occurred between 25 September and 3 October.The crackdown was the latest in a wave of moves against China-facing online gambling across South-East Asia after similar crackdowns in Cambodia and the Philippines.The budget did not detail any changes to the upper limit on prison sentences for online gamblers, which is also set at six months for players, or for illegal operators, for whom the maximum sentence is three years.The budget will need to be passed by Parliament to become law, but with budgets in the country treated as a matter of confidence, it is not expected to face difficulty in passing. Malaysian budget increases gambling penalties Regions: Asia Malaysia Malaysia’s Minister of Finance, Lim Guan Eng, has announced that punishments for both gamblers and gambling operators will increase as part of the country’s 2020 budget.last_img read more

Intralot sees net loss widen in “transitional” 2019

first_img Subscribe to the iGaming newsletter Tags: Mobile Online Gambling Intralot sees net loss widen in “transitional” 2019 Greek gaming and lotteries giant Intralot has seen its net loss from continuing operations grow to €111.9m (£97.8m/$121.8m) in 2019, after what the business described as a “transition year” in which group turnover and gross revenue both fell.While amounts wagered through Intralot’s platforms and brands grew 21.0% year-on-year to €18.3bn, reported consolidated revenue (or turnover) was down 8.1% at €720.6m for the calendar year.The business blamed this on declines from its licensed operations (B2C) and management (B2B/B2G) reporting segments, mitigated in part by an increase in revenue from its technology and support services (B2B/B2G) division.Turnover from licensed operations fell 9.9% to €442.8m, which Intralot blamed predominately on the poor performance of the Eurofootball sportsbook brand in Bulgaria.Argentinean operations, meanwhile, were impacted by foreign exchange fluctuations, which resulted in turnover declining by €9.0m, though the market’s contribution would have been up 22.7% year-over-year in local currency.The turnover decline steeper for Intralot’s management division, falling 23.0% to €69.5m. This, it said, was largely down to a weaker performance in Turkey, after its Inteltek joint venture lost the contract to power the national Iddaa sports betting monopoly to a Scientific Games-backed consortium in March 2019, and the end of contracts in Morocco and Russia.The sports betting sales agency Bilyoner saw its market share decline, while revised commercial terms in the wake of the Iddaa contract loss also contributed to an overall €16.0m decline in Turkish turnover.Moroccan turnover was down 11.3%, due to a decline in numerical game sales, and the discontinuation of a contract with Société de gestion de la loterie nationale marocaine (SGLN). Another discontinued contract in Russia also contributed to the division’s struggles.The technology and support services segment, on the other hand, saw revenue grow 2.7% to €208.3m. The division benefitted from a new contract signed with the Illinois Lottery in 2018, which launched in February 2019, as well as an equipment sale in Arkansas, and a large Powerball jackpot in Q1 2019.Technology and services was also boosted by a strong performance in the Netherlands, especially in sports betting, and a marginal increase from Chile. This mitigated lower sales in Greece, following the transition to a new contract with OPAP, and the impact of Argentinean currency fluctuations.Gross gaming revenue, or turnover minus payout, was down 6.0% year-over-year at €409.1m, with the biggest decline reported for licensed (B2C) operations. GGR for that segment declined 7.4% to €128.6m, while management and technology (B2B) operations’ contribution fell 5.2% to €280.5m.“2019 has been a transition year for Intralot,” chairman Sokratis Kokkalis, who spent much of 2019 as the business’ interim chief executive, commented.During the year, Intralot carried out large-scale restructuring of the business’ product portfolio, as well as divesting stakes in assets such as Gamenet in Italy, Totolotek in Poland and Greece’s Hellenic Lotteries.It also refocused attention on North America, where it will power the DC Lottery’s sportsbook product and launched in Montana in March 2020. March also saw Christos Dimitriadis named chief executive of the business.These developments, Kokkalis said, “set the cornerstones” for the business’ transformation.“With the appointment of Mr Christos Dimitriadis as Group CEO in 2020, Intralot is enabled towards technology-driven evolution, leveraging his long experience and global expertise to achieve growth and value creation,” he added.Turning to expenses for the year, cost of sales fell 5.1% to €594.6m, leaving a gross profit of €126.0m, down 20.2%. While other operating income, thanks to an increased contribution from equipment leasing in the US, rose to €19.5m, operating expenses climbed 16.4% to €140.4m.Earnings before interest, tax, depreciation and amortisation fell 25.4% to €87.8m for the year, while earnings before interest and tax were down 90.4% to €5.1m.Increased income from investments of €16.8m was then wiped out by losses from asset disposals, impairments and write-offs totalling €30.7m, while interest expenses grew to €52.7m. After all finance-related costs, Intralot’s pre-tax loss amounted to €70.6m, compared to €14.6m in the prior year.Tax paid by the operator rose to €19.2m, up 44.5%, after which the operating loss grew to €89.8m. While this was offset by a €7.7m profit from discontinued operations, the net loss after tax and minority interests from continuing operations widened to €111.9m, for a total loss of €104.2m.For the fourth quarter of Intralot’s fiscal year, turnover was down 12.1% to €165.0m, with gross revenue declining 14.1% to €91.1m. EBTIDA for the quarter fell 54.1% to €9.0m, with net loss for the quarter rising from €14.7m in Q4 2018 to €72.4m. Greek gaming and lotteries giant Intralot has seen its net loss from continuing operations grow to €111.9m in 2019, after what the business described as a “transition year” in which group turnover and gross revenue both fell. AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Email Address 5th May 2020 | By contenteditor Casino & games Regions: Africa Europe US North Africa & Middle East Morocco Central and Eastern Europe Southern Europe Turkey Greece Illinois Montana Washington DC Topics: Casino & games Finance Lottery Sports bettinglast_img read more

UAE vs IRE 2nd ODI LIVE: How to Watch UAE vs…

first_img Cricket Formula 1 CricketSportSport News Euro 2020, Switzerland vs Turkey: Top 5 players to watch out for in SUI vs TUR Euro 2020, Italy vs Wales LIVE: Gareth Bale and Co face do-or-die clash; Italy eye third consecutive win; Follow Live Updates, Football Euro 2020 LIVE broadcast in more than 200 countries, check how you can watch Live Streaming of EURO 2020 in your country ATP Tour Previous articleYouth played a big role in fighting coronavirus pandemic: Kiren RijijuNext articleInd vs Aus Tests: Australian pacer Pat Cummins’ stern warning to India, “We are going to make it as hard as possible for Pujara” Kunal DhyaniSports Tech enthusiast, he reports on Sports Tech industry and writes on sports products. F1 French GP 2021: Max Verstappen pips Lewis Hamilton to win French GP, Perez finishes 3rd 16-01-202111:00 AMUAE vs IrelandSheikh Zayed Stadium BCCI to form committee to take call on compensating domestic cricketers Cricket DateTimeTeamsVenue Euro 2020, Italy vs Wales: 3 key battles to watch out for in ITA vs WAL Freight & Shipping Quotes | Search AdsResearch & Compare Freight & Shipping QuotesEnjoy Affordable Freight & Shipping Services With These Service ProvidersFreight & Shipping Quotes | Search Ads|SponsoredSponsoredYourBump15 Actors That Hollywood Banned For LifeYourBump|SponsoredSponsoredMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity Week|SponsoredSponsoredPost FunThese Twins Were Named “Most Beautiful In The World,” Wait Until You See Them TodayPost Fun|SponsoredSponsoredPast Factory4 Sisters Take The Same Picture For 40 Years. Don’t Cry When You See The Last One!Past Factory|SponsoredSponsoredDaily FunnyFemale Athlete Fails You Can’t Look Away FromDaily Funny|SponsoredSponsored Facebook Twitter By Kunal Dhyani – January 9, 2021 Queens Club Final: Matteo Berrettini beats Cameron Norrie in final to win title Football UAE vs IRE 2nd ODI LIVE: How to Watch UAE vs Ireland 2nd ODI Live Streaming: Eurosport and Eurosport HD India, the premium sports channels from the house of Discovery, are all set to bring to its Indian fans the best of the cricketing action this New Year, starting with the bilateral ODI series which will be ICC Associate Member UAE’s first with a full member team – Ireland after the pandemic. The addition of this series expands Eurosport’s portfolio of Live Cricket offerings with the exclusive India broadcast slated to begin from January 8, 2021, from 11:00 AM IST.Also Read: https://www.insidesport.co/uae-vs-ire-dream11-team-prediction-uae-vs-ireland-2nd-odi-dream-11-team-picks-pitch-report-probable-playing-11-and-match-overview-live-streaming-at-1100-am-ist-sunday-jan-10-on-insidesport/ Football UAE vs Ireland 2021 2021 Full SquadUAE SQUADMuhammad Usman, Chirag Suri, Mohammad Boota, Sultan Ahmed, Chundangapoyil Rizwan, Ansh Tandon, Basil Hameed, Rohan Mustafa (Captain), Alishan Sharafu, Ahmed Raza, Aryan Lakra, Waheed Ahmed, Vriitya Aravind, Zahoor Khan, Junaid Siddique, Zawar Farid, Palaniapan MeiyappanIRE SQUADAndrew Balbirnie (Captain), James McCollum, Harry Tector, Paul Stirling, Gareth Delany, Kevin O Brien, Simi Singh, Curtis Campher, Neil Rock, Lorcan Tucker, Mark Adair, David Delany, Joshua Little, Andy McBrine, Barry McCarthy, Craig Young WTC Final Day 3 LIVE Score: Latham, Conway provide solid start- Tea Break; NZ 36/0 (21 ovs)- Follow Live Updates 08-01-202111:00 AMUAE vs IrelandSheikh Zayed Stadium UAE vs IRE 2nd ODI LIVE: How to Watch UAE vs Ireland 2nd ODI Live Streaming Euro 2020, Switzerland vs Turkey LIVE: Switzerland to punish hapless Turkey; Follow Live Updates 10-01-202111:00 AMUAE vs IrelandSheikh Zayed Stadium WI vs SA 2nd Test Day 3 Live: Start delayed due to rain, SA lead by 149 runs – Follow Live Updates by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeGrammarlyImprove Your Spelling With This Helpful Browser ExtensionGrammarlyE! OnlineCNN’s Christiane Amanpour Undergoes Surgery After Cancer DiagnosisE! Onlinecio.comUnlocking the Success of Digital Transformation with Active Intelligencecio.comWhen will be UAE vs Ireland 2021 2nd ODI Started? – DateUAE vs Ireland 2021 2nd ODI will start from Jan- 10When will the UAE vs Ireland 2021 2021 3rd ODI Match be Played ?UAE vs Ireland 2021 3rd Match will be played on Jan 12.UAE vs Ireland 2nd ODI LIVE Score – https://www.insidesport.co/sport-matches/?field=entity_cricket&id=46880&widget=match_centerWhat Time UAE vs Ireland 2021 2nd ODI Will begin? TimeUAE vs Ireland 2021 2nd ODI matches Will begin at 11:00 AM ISTWhat are the venues for UAE vs Ireland 2021 2nd ODI? – VenueUAE vs Ireland 2021 2nd ODI will be played Sheikh Zayed StadiumWhich TV channels will UAE vs Ireland 2021 broadcast?UAE vs Ireland 2021: Eurosport to broadcast UAE vs Ireland 2021 in IndiaUK and Republic of Ireland – Premier SportsUAE – EtisalatUSA and Canada – Willow TVLive Streaming – YouTubeUAE vs Ireland 2021 2021 Schedule 12-01-202111:00 AMUAE vs IrelandSheikh Zayed Stadium Share on Facebook Tweet on Twitter TAGSUAE vs IRE 2nd ODI LIVEUAE Vs IRE LIVEUAE vs Ireland 2021 broadcastUAE vs Ireland 2nd ODI Live Streaming SHARE Cricket Football Football RELATED ARTICLESMORE FROM AUTHORlast_img read more

Here’s why I’d buy the best-performing FTSE 100 stock of the first quarter of 2020

first_img See all posts by Matthew Dumigan I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Enter Your Email Address Simply click below to discover how you can take advantage of this. “This Stock Could Be Like Buying Amazon in 1997” Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Our 6 ‘Best Buys Now’ Shares Image source: Getty Images center_img I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. Matthew Dumigan has no position in any of the shares mentioned. The Motley Fool UK has recommended Fresnillo, Hikma Pharmaceuticals, and Pennon Group. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. The first quarter of 2020 was turbulent for the FTSE 100. The index shed just over 30% of its value in the depths of the market crash. Only a handful of the best-performing FTSE 100 stocks for this period didn’t sink into the red.Since then, the FTSE 100 has recovered marginally to now sit 22% down on the year.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…Investors will be painfully aware that the outbreak of Covid-19 has caused havoc in the stock market, stimulating a bumper sell-off. As a result, the index slipped into bear territory for the first time in over decade.  While it’s impossible to tell whether the market has bottomed out, I think there are plenty of bargains on offer in the index. Many look like strong buys to me.Best-performing FTSE 100 stocks of the quarterOnly five FTSE 100 companies recorded a positive performance in the first quarter, with winners being few and far between. The four runners-up were Pennon, Fresnillo, Hikma and Reckitt Benckiser.Precious metals mining company Polymetal (LSE: POLY) came out on top as the best-performing FTSE 100 stock of the quarter. From the start of the year until the end of the first quarter, the company’s share price increased by 15%.No doubt a rise in the price of gold has helped the company’s share price, with the commodity seen as a safe-haven asset in times of market uncertainty. But what about the fundamentals of the company itself?Strong financialsPolymetal released its first quarter production results at the beginning of this week. The report details a solid performance with group CEO Vitaly Nesis stating: “Q1 was a strong start to the year for the Company, delivering steady performance amidst unprecedented global disruption and uncertainty.”Gold equivalent production grew by 5%, evidently off the back of increased demand, and quarterly revenue rose by 9% year-on-year.In current market conditions, the 3.04% dividend yield looks attractive to me. What’s more, the company has maintained its dividend pay-out for this year in light of its stable financial position. That’s a rare occurrence in an index where companies have slashed dividend payments left, right and centre, in order to preserve cash.Responsible business strategyPolymetal has successfully established its position as a leading precious metals mining group in both Russia and Kazakhstan. The only gold mining company in the FTSE 100 is now the second largest gold producer in Russia.Moreover, I’m impressed by the company’s impressive record on sustainability. Major initiatives include reducing freshwater usage and carbon footprint in its mines. I also like the look of the group’s growth prospects over the coming years.Looking ahead, Polymetal plans to continue investing in greenfield exploration to find new deposits in the former Soviet Union, which could be a major driver of growth, depending on success.What’s more, with operations set to begin in Russia’s fourth largest gold deposit in 2021, the group expects to increase its output substantially by 2023.So, I’m not buying the best-performing FTSE 100 stock of the first quarter simply because of its impressive share price performance. Rather, I’d invest because of the company’s sustainable business strategy and bright growth prospects could bring healthy returns to investors over the long term. Here’s why I’d buy the best-performing FTSE 100 stock of the first quarter of 2020 Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. Matthew Dumigan | Saturday, 25th April, 2020 | More on: POLY last_img read more

Public considers charities’ direct mail campaigns as most environmentally friendly

first_img Howard Lake | 9 March 2010 | News A survey commissioned by independent postal advice company ONEPOST reports that charities came out top when asked how environmentally friendly various industry sectors are considered to be. One third of adults stated that charities are environmentally friendly, but fewer than one in ten feels the same about other market sectors.The first Sustainability Tracking Study has been published by the Direct Marketing Association (DMA).ONEPOST Marketing Manager, Luan Wise, said: “Marketing activity has to work especially hard for charities so we are delighted to see them at the top of the table”.Research for the study was carried out by online research company fast.MAP. It found that direct mail is perceived to be the least potentially harmful to the environment. Wise added: “Whilst this is good news, there is a clear difference in the response between unpersonalised leaflets and personally addressed direct mail (30% Vs 17%) in this study which builds on previous research carried out earlier last year.”A free copy of the Sustainability Tracker Study is available atwww.dma.org.uk Tagged with: Individual giving Research / statistics About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving. AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Public considers charities’ direct mail campaigns as most environmentally friendly  23 total views,  1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThislast_img read more

Climate justice, system change and the working class

first_imgDeirdre GriswoldThe following is a slightly edited talk given by WW editor Deirdre Griswold at a Sept. 28 forum titled “The Climate Crisis, A Marxist View,” organized by the Boston branch of Workers World Party. As you all know by now, a 16-year-old named Greta Thunberg recently crossed the Atlantic by herself on a solar-powered sailboat to dramatize the need to end the world’s dependence on fossil fuels. Her anger helped inspire millions of other young people, who marched all over the world last weekend demanding action to turn back the climate crisis.This is a global movement, because climate change is global. And it can affect people of all classes. But certainly not to the same extent. The poorest people face dying just for lack of water. They have to endure factory or field work in 115-degree heat with no shade or air conditioning. If they survive one of the terrible storms that are the new normal, like the ones that have devastated Puerto Rico and part of the Bahamas, they see their flimsy homes blown away. But the better off can jet away from horrible weather, moving from one mansion to another.Anger has grown around the world, especially toward the United States government and corporations, which have historically contributed by far the most to global warming and have done little to change. This newly invigorated movement of young people versus climate disaster is very vocal and inspiring. They are the ones who will live long enough to experience this ominous future. But they are up against a system that will pat them on the head and sing their praises while knifing them in the back.So they must be prepared not only for the effects of climate change, but for the huge political and economic struggle that is needed to turn things around.How imperialists ‘opened up’ the worldLet’s go back in history several decades to the period of the early 1990s. It’s not too long ago, but it’s at least a decade before today’s fighters for climate justice were even born. That’s when scientists first began alerting the world to the dangers of climate change. And it’s also when the promoters of capitalism used their powerful media to trumpet the victory of their system over the part of the socialist bloc led by the Soviet Union. They were predicting that the end of the Cold War would usher in a period of great world stability and prosperity, led by the self-proclaimed “democratic” capitalist countries of the West. And they were saying that, with the downfall of the USSR and Eastern Europe, then China, socialist North Korea and Cuba would be next.At the same time, they were pooh-poohing what climate scientists were telling them about global warming. The propagandists for capitalism were triumphantly declaring the beginning of a new era of “freedom.” But what it really meant was the freedom of the giant corporations to go almost anywhere and exploit the natural resources and the workers of the world. The imperialist countries, the U.S. foremost among them, then proceeded to “open up” whole areas of the world, like prying open an oyster, to be devoured in one gulp. And where there was resistance to being “opened up,” the imperialists invented excuses for unending wars, military occupations and so-called “police actions” for control of areas rich in carbon resources like oil and gas, particularly in Southwest Asia and Northern Africa. Think of the wars and attacks on Afghanistan, Iraq, Iran, Libya, Syria, Yemen — most of which continue to this day. All this has taken a terrible toll on the planet, but it seldom gets mentioned, including the fact that the Pentagon is the world’s biggest polluter — something our comrade Sara Flounders has written about extensively in Workers World newspaper.But now that period of triumphalism is over. We’re living in a different time. Confidence in this system has been shattered by many things, including climate change, but also the precarious nature of capitalism itself, with its boom-and-bust cycles. For months now the stock markets have been jittery over an anticipated crash of the global capitalist economy. And investors are particularly worried about the impact of Trump’s trade war with China. Imagine, the whole U.S. financial structure being dependent on the market in China for U.S. commodities! China used to be one of the very poorest of the large countries in the world. But it had a great revolution, and that has changed everything. I’ll get back to China again later.The powers that be — in Marxist terms, the capitalist ruling class — are now trying to stay on top of this dynamic young climate movement that has sprung up. This movement is demanding action now to hold off and hopefully reverse the growing climate disaster — which threatens every living thing on this planet.Ignorance is not the reason global temperatures are rising. Scientists and scientific agencies have been raising the alarm with the U.S. government for more than 40 years.That’s how long climate scientists have been meeting with political leaders, briefing them and pleading with them to do something to stop this impending train wreck. And it has absolutely been proven that the country responsible for the largest accumulation of greenhouse gases in the atmosphere is the U.S. It is also true that this country has done the most to sabotage and prevent any meaningful international agreements on climate change.Conference after conference has been held involving many world bodies as the impact of global warming has become ever more alarming. Some 30 years ago, when George H.W. Bush was president, he actually signed into law something called the Global Change Research Act. It established a program to “understand, assess, predict, and respond to human-induced and natural processes of global change.” What happened after that? Nothing. A few fig leafs were pasted on to keep the scientists quiet, but business went on as usual. The fracking industry, which breaks up shale rock deep underground to extract oil and gas, became a new booming business in the U.S. And when Indigenous people and their allies tried to stop the Dakota oil pipeline from crossing their lands, they were violently attacked by local and federal police. Large marches of hundreds of thousands of people demanding the phasing out of greenhouse gases have come and gone — but the huge energy corporations continue to dominate the political agenda on both a federal and local level. They have blocked any meaningful efforts to limit global warming. They have also conspired to spread outrageous lies in the mass media, pushing climate denial and pooh-poohing environmentalists.Boston climate protest, Sept. 20.With disasters, mass movement growsClimate change has become more and more destructive. Hundreds of thousands of people around the globe have lost their lives — from drought; from killer hurricanes, cyclones and tornadoes; from landslides and flooding; from raging wildfires. Species are disappearing. Indigenous peoples, who have contributed the least to global warming, are feeling its effects most.So it was inevitable that a mass movement would eventually take to the streets over this life-and-death question. And it has, with the very young now in the spotlight, after the recent global demonstrations.In the U.S., the big corporations and financial institutions keep an iron grip on the government and state power in order to guarantee that nothing interferes with their private profit. They see with alarm these changes in mass consciousness. Their response? They undermine anything that would hurt their profits. But at the same time many give lip service to going green. How many polluting energy companies have added some green or a cute bug or flower to their logos? How many expensive ads have they taken out patting themselves on the back for doing so little?And then there is the billionaire president of the United States, Donald Trump, who promotes climate denial and has packed his cabinet with the worst polluters. That’s what he should be impeached for!! That and his racism, sexism, bigotry and torture of immigrants. Of course, he’s an easy target for the progressive movement. But once he’s gone — and he will be gone eventually — the class of billionaires who put him there will still control the economy and the government. That is, until there’s a huge working-class upsurge, bigger than anything we’ve ever seen in this country. And it’s coming. What can we do to help develop this upsurge? Class unity and social changeWe are revolutionaries. We are for the overthrow of this capitalist system, root and branch, and the establishment of a new, socialist order where the working class holds the power and makes the decisions about the economy. We know that one of the biggest tasks in preparing for any revolutionary movement among the workers is to overcome the divisions that demagogues like Trump use to divide the working class. Every issue he harps on — whether it’s blaming immigrants for the broken-down system of social welfare, or attacking people of color while defending racist, fascist elements like the neo-Nazis — everything is aimed at keeping our class from uniting and fighting billionaires like him. Why does he focus his anger so much on im/migrants? We should never forget that it was immigrant workers, mostly Latinx, who revived the fighting spirit of May Day back in 2006, when a million demonstrated instead of going to work that day. That scared the pants off the bosses. Immigrants have been organizing low-wage workers all over this country, showing what real unions can do. Trump wants vulnerable whites to blame immigrants for their problems, instead of uniting with immigrants to fight their real enemy: the bosses.By the way, many of the migrants seeking asylum in the U.S. and in Europe are doing so because their home countries have been devastated by imperialist wars, by right-wing repressive governments put in power by the imperialists — and by climate change, which is already making vast areas of the world uninhabitable, from Central America to central Africa.And when Trump isn’t blaming China for the loss of jobs here, he’s blaming the environmental movement for the layoffs of coal miners and other workers in polluting industries. We can’t let Trump and his ilk make a show of bonding with coal miners who are losing their jobs. We have to demand that any program for cleaning up the environment must include a guarantee of jobs and retraining for any workers who are displaced. We also need to point out that the coal companies which have pulled out of Appalachia and left mining families struggling to survive didn’t just fold their businesses. They started laying off thousands of coal miners when they discovered that mountaintop removal was cheaper and required less human labor than underground mining. And many of these U.S. coal companies also moved their operations to Australia and other countries where they could rake in even bigger profits.The environmental movement has in the past been regarded as mainly a middle-class movement, not a working-class movement. In fact, demagogues like Trump claim to be friends of workers who could lose their jobs in a green economy. That’s ludicrous coming from this boss who became famous on television for firing people. But we have to remember this very important fact: Many workers in this country are having a really rough time. Even as the costs of housing and education and health care have soared, and the incomes of the super-rich have hit the stratosphere, real wages for workers have declined and many newer jobs are just part-time and extremely precarious gigs. So the first consideration for many workers is: Will I have a job? How can I think about what might happen to the planet tomorrow when I have to think about paying my bills today? About putting food on the table today.Global Climate Strike march, NYC, Sept. 20.Make the bosses pay, not the workers!In the climate justice movement, we have to struggle for solutions that don’t put the financial burden on the working class. Can we be for a carbon tax, for example? It’s the billionaires who got us into this mess. They must pay, not the workers.But the problem has now become so huge that these so-called “solutions” to the climate crisis are totally inadequate, less than a bandaid on a gaping wound. And that’s why, in recent years, slogans for “System change, not climate change” and signs that denounce capitalism have become increasingly popular, especially with young people. Is it so difficult to guarantee coal miners that they will get help finding other jobs, and thereby win them over to the need to shut down the coal mines? China didn’t think so. It did close down most of its coal mines, and it did help the miners resettle and be retrained for new jobs.So let’s talk about China and what it has been able to accomplish in greening the environment.But first, let’s dispel some of the lies about China’s record on combating climate change.We hear again and again that China is the world’s worst polluter. What’s completely left out of the equation is that China is the world’s most populous country. When you look at greenhouse gas emissions per person, China drops to number 16 in the world, not number one. What are the top polluting countries per person? Saudi Arabia, which has a very small population, Australia and the U.S., which continues to contribute the lion’s share of global emissions per capita.But there’s another huge factor that must be considered in order to evaluate what China has to do to be sustainable. China is now the world’s largest exporter of manufactured goods. U.S. corporations have moved a lot of their factory production to China and other countries where wages are lower. That is the main reason that U.S. greenhouse gas emissions as a whole are now slightly below China’s. But per capita, the U.S. emissions are still almost four times those of China.Reducing emissions requires the ability to plan and control production, which China can do, and a capitalist country like the U.S. just can’t do.If a profit can be made from something, big business will go for it. If that something also helps the environment, the bosses will be sure to get the government to throw them some extra money. But capitalist business is driven by the bottom line — by how much profit can be made. There is no meaningful planning for the future. Each day corporate decisions have to be made to please the investors and stockholders, or the company is allowed to die and the capital behind it goes elsewhere.Economic planning is the keyIt is impossible to reverse the momentum toward disaster without economic planning.In order to have sustainable development, a country has to have a plan for its economy. There are only a few countries today with planned economies, i.e., socialist economies. Most notable are China and Cuba. Cuba’s tremendous achievements in sustainability are well known. But what about China?People’s China is not capitalist. It is a socialist country born out of a great, earth-shaking revolution. It started out extremely poor and underdeveloped. But after much internal struggle, the leading Communist Party in recent decades has allowed capitalist enterprises to operate there in order to stimulate the growth of its economy. Since then, according to the World Bank, China has lifted more than 850 million people out of extreme poverty — more than two and a half times the entire population of the U.S.It is now a much more powerful and developed country. And while this development of capitalist relations within China has brought significant internal problems, it has not overwhelmed the state, which continues to be controlled by the Communist Party, a party with 90 million members. What this means is that Chinese economic development, especially the infrastructure, continues to be centrally planned, which accounts for its enormous successes. It is not the U.S. but China that now leads the world in scientific-technological development. By 2016, China exceeded the U.S. in the number of scientific papers released, according to the Nature Index. China develops five-year plans for economic development with built-in mechanisms to reduce greenhouse emissions.These plans are not wish lists. They are carried through, and they have made a huge dent in pollution. China leads the world in production of solar panels — one of the imports now taxed heavily by the Trump administration. It is electrifying its cities and has become the world’s biggest producer of electric cars. But we are still left with a world that is mostly ruled by capitalists and that is headed toward even greater destruction. The great thing about the growth of a movement is that it shows there is hope — that we don’t have to accept a fate that would mean the end of everything. No matter how dire the situation is, we can’t give in to pessimism. Changing conditions do change people’s consciousness, and that new consciousness is moving in the direction of revolution against the powers that be.There is an historical analogy I want to bring up. It’s a grim one, but it shows how great disasters can be the spur to needed social change.In the 14th century, from 1347 to 1351, Europe was ravaged by the bubonic plague.In just those four years, one-third of Europe’s population at the time — some 25 million people — died of the plague. This terrible disease had already wiped out a similar proportion of the peoples of East and Southeast Asia.Europe had been stagnant for centuries under the oppressive system of feudalism. But so many people of all classes, especially the peasants, died from the plague that the manor system, the structure of feudalism, fell apart. It must have seemed like the end of the world. But many of those who survived left the manors, looking for work. And because there was such a shortage of laborers, they were able to demand higher wages. It was the beginning of the end for feudalism. Eventually, upheavals brought to power a new class system, capitalism, which revolutionized the means of production and produced the working class on a world scale. We are faced now with a tremendous existential crisis, even bigger than the plague. We shouldn’t underestimate the suffering it will bring. But we cannot lapse into despair and passivity. Let it be the spur to a revolutionary transfer of power to this great worldwide working class, which must take place if we are to bring human economic activity into harmony with life on our beautiful planet.FacebookTwitterWhatsAppEmailPrintMoreShare thisFacebookTwitterWhatsAppEmailPrintMoreShare thislast_img read more

Editor released provisionally after being held for two days on libel charge

first_imgNews August 13, 2010 – Updated on January 20, 2016 Editor released provisionally after being held for two days on libel charge to go further Receive email alerts Organisation RSF_en BurundiAfrica Burundian appeal court upholds prison sentences for four journalists News Reports Help by sharing this information center_img Follow the news on Burundi Four Burundian journalists complete 12 months in arbitrary detention Reporters Without Borders welcomes yesterday’s provisional release of Thierry Ndayishimiye, the editor of the weekly Arc-en-ciel, after two days in pre-trial detention in Bujumbura on a charge of libelling the head of the national water and power company, REGIDESO.REGIDESO’s director-general filed a complaint against Ndayishimiye on 30 July over an article accusing him of covering up irregularities in the management of a construction project that led to the loss of around 280 million francs (177,000 euros) for the company.The newspaper based its allegations on a special internal report signed by the director general recommending that the company act quickly to correct the irregularities. After summoning Ndayishimiye several times for questioning, Bujumbura’s deputy state prosecutor placed him in pre-trial detention on a charge of defamation on 10 August.Speaking to Reporters Without Borders after Ndayishimiye’s release, his lawyer, Gabriel Sinarinzi, said: “I thank the judges who understood that press offences are not crimes. There were no grounds for placing my client in pre-trial detention under the code of criminal procedure. Presumption of innocence and non-detention must continue to prevail before any trial.”Sinarinzi added: “Thierry Ndayishimiye will continue to respond to court summonses and when the trial is held, we will prove his innocence.”The editor of the online newspaper Net Press, Jean-Claude Kavumbagu, is meanwhile still in prison. He has been in pre-trial detention since 17 July on a charge of treason. A panel of three judges was supposed to rule on the legality of his detention at the start of August but the hearing was not held because the head of the panel was promoted and a new judge has to be named.“This is a stalling tactic designed to delay the resumption of the trial as long as possible,” said Sinarinzi, who is also Kavumbagu’s lawyer. “The provisional release of Arc-en-ciel’s editor should serve as a wake-up call for these judges. Jean-Claude Kavumbagu should be freed at once.”Kavumbagu is facing the possibility of a life sentence if convicted. Link to the most recent press release . BurundiAfrica The 2020 pandemic has challenged press freedom in Africa October 21, 2020 Find out more News November 27, 2020 Find out more June 5, 2020 Find out morelast_img read more

Alleged ‘white supremacist’ pedophilia advocate flew cross-country to kidnap 12-year-old girl: Sheriff

first_imgFresno County Sheriff’s Office via FacebookBy BILL HUTCHINSON, ABC News(NEW YORK) — A Virginia man described by authorities as a white supremacist pedophilia advocate was jailed after he allegedly flew cross-country during a raging surge in COVID-19 cases and kidnapped a 12-year-old California girl he “groomed” online.Within 12 hours of the alleged victim’s parents reporting her missing from their Fresno, California, home, quick-acting detectives teamed up with federal agents to track down 40-year-old suspect Nathan Daniel Larson and rescue the juvenile when their flight to the East Coast landed in Denver for a layover, officials said.“As a result of this investigation, we have a family who is going to be celebrating the holidays and they won’t have an empty chair. They’ve got their little girl back with them,” Fresno County Sheriff Margaret Mims said during a news conference Saturday.Mims said Larson of Catlett, Virginia, who once served a prison sentence for threatening to kill the president of the United States in 2008, is facing felony charges of kidnapping, child abduction, soliciting child pornography from a minor, and meeting a child for the intention of sex.Mims said Larson is being held in a Denver jail on a misdemeanor charge of harboring a juvenile. An extradition hearing has been scheduled in Denver for Dec. 24.It was unclear on Sunday if Larson has hired an attorney.Reached by phone on Sunday, a man who identified himself as Larson’s father, Arthur Larson, would only say he is aware his son was arrested on charges of kidnapping and declined further comment.Authorities said the alleged Fresno kidnapping occurred this month when Larson flew to California to carry out the final stages of what Mims described as a “heinous crime.”“He used multiple social media platforms to communicate with our victim from Fresno,” Mims alleged. “During the past two months, Larson was able to convince the Fresno girl through manipulation and grooming to send him pornographic images of herself.”Larson flew to Fresno on Dec. 14, and immediately took a ride-share car to the victim’s home, Mims claimed. Larson allegedly persuaded the girl to sneak out of her house around 2 a.m. and had the ride-share driver drop them off at the Fresno Yosemite International Airport.Mims said Larson allegedly disguised the victim in a long wig and instructed her on how to avoid attention.“He told her to act as though she was disabled and unable to speak to ensure she would not converse with anyone at the airport while making their way onto the airplane,” Mims said.When the girl’s parents noticed her missing, they called the police. Mims said an acquaintance of the alleged victim told investigators the girl had been in contact online with Larson.She said the case was turned over to the Central California Internet Crimes Against Children Task Force. The sheriff said “quick forensic and detective work” led authorities to the Fresno airport, but by that time Larson and the victim had already departed on a flight.Fresno Yosemite International Airport Police Chief Drew Bessinger said surveillance video captured the suspect and girl boarding a flight to Washington, D.C., that had a scheduled layover in Denver. He said shortly after Denver police were notified to be on the lookout for the suspect and the alleged victim, an officer assigned to the local FBI Task Force arrested Larson at the airport and rescued the girl.“The cooperative effort of all of our law enforcement agencies truly saved this child’s life,” said Bessinger, adding that the federal Department of Homeland Security was also involved in the investigation.Mims said the victim was reunited with her family that same day.She said while the victim was not physically harmed during the ordeal, investigators uncovered evidence of “inappropriate activity” between her and Larson.“That’s going to help bolster the current charges we have through the DA’s office,” Mims said.On Dec. 17, investigators served a search warrant on Larson’s home in Virginia. During the search, Larson’s 69-year-old father, Arthur Larson, was arrested after he allegedly assaulted a Homeland Security Investigations agent, Mims said.Mims said investigators seized “deeply disturbing” evidence of Larson’s background from his home and computer.“He is a white supremacist and a well-known advocate for pedophilia,” Mims alleged. “This is a man who runs a website, which encourages the raping of children and sharing of naked photos and video of children being raped.”She said that in 2008, Larson, while living in Boulder, Colorado, sent an email to the U.S. Secret Service threatening to kill the president of the United States.Larson pleaded guilty in May 2009 to charges of threatening to take the life of, and to inflict bodily harm upon the president, according to a Department of Justice press release. Larson sent the U.S. Secret Service an email detailing that he planned to assassinate the president, but was not clear if he meant George W. Bush, who was president at the time, or then-President-elect Barack Obama.“In response to the threat, the Secret Service went to interview Larson. During the interview, Larson said that he stood by what he said, and that he was serious about carrying out the threat. It is important to note that he had taken no action to carry out or effectuate the actions threatened by the email,” according to the DOJ press release.Larson was sentenced in May 2009 to 16 months in federal prison.In 2017, Larson launched a losing campaign as an independent candidate for a seat in the Virginia House of Delegates about a year after then-Virginia Gov. Terry McAuliffe restored voting and other civil rights to thousands of felons. In 2018, Larson launched a failed bid in Virginia to win election to Congress.The sheriff said investigators suspect Larson has preyed on other children and implored possible victims and their parents to come forward.“It’s obvious that Larson had the ability to be in contact with children across the nation and the willingness and the means to travel to abduct them,” Mims said. “We believe that there are other victims out there.”Copyright © 2020, ABC Audio. All rights reserved.last_img read more

Discounted 2020 Beach Tags on Sale

first_imgThe preseason price for beach tags is $20, a savings of $5. Seasonal beach tags for summer 2020 are on sale now for a discounted $20. That price remains in effect through May 31, 2020. On June 1, the price increases to $25.Beach tags are required for all beachgoers ages 12 and older and will be in effect from June 6, 2020 through Sept. 7, 2020. Only seasonal beach tags can be purchased at this time. Weekly ($10) and daily ($5) tags will be available for purchase during the season.Seasonal tags can be purchased online at www.ocnj.us/beachtags.Purchase in person at the following locations:City Hall (861 Asbury Ave.): Mon-Fri  9-6; Sat-Sun, 10-5 (winter hours)Rt. 52 Welcome Center: Mon-Sat  9-4; Sun  9-2 (winter hours)Henry Knight Building (12th Street and Haven Ave.):  Mon-Fri 9-4 (no holidays).Aquatic & Fitness Center (17th Street and Simpson Ave.): Mon-Fri  5 am-9 p.m.; Sat  7-6; Sun 9-646th Street Welcome Center (4500 block of West Avenue): Mon-Fri 9-4 The 2020 beach tag design honors the 100th anniversary of the Ocean City Regional Chamber of Commerce and the slogan “America’s Greatest Family Resort.”For additional information, visit www.ocnj.us/beachtags or call 609-399-6111.last_img read more