Orders to US factories for big-ticket manufactured goods rose modest 0.2% in December with investment posting 0.6% gain

first_imgWASHINGTON (AP) — Orders to US factories for big-ticket manufactured goods rose modest 0.2% in December with investment posting 0.6% gain.last_img

Australia Natural Gas Export Overbuild Is Collapsing

first_imgAustralia Natural Gas Export Overbuild Is Collapsing FacebookTwitterLinkedInEmailPrint分享The Guardian:Australia’s natural gas export boom, which is causing soaring gas prices and pushing up carbon emissions, appears to be rapidly shedding value.Santos wiped more than $1bn off the value of its liquefied natural gas plant in Queensland on Tuesday, just a week after Origin announced a similar devaluation.The devaluations were predicted by commentators, who pointed out previous devaluations of the projects relied on overly-optimistic forecasts.The Santos share price dipped a further 2.39% on Tuesday morning after a drop of more than 85% since its peak in 2008.“This industry has torn up its shareholders’ wealth and now it’s tearing up the nation’s wealth,” said Bruce Robertson from the pro-renewables Institute for Energy Economics and Financial Analysis.On Tuesday Santos announced it was expecting to wipe more than A$1bn off the value of its GLNG plant on Curtis Island in Queensland.Just last week Origin announced a post-tax $815m devaluation of its APLNG facility on Curtis Island – a figure that implies more than a billion-dollar devaluation before tax.Along with another facility on Curtis Island owned by Shell, the three plants are responsible for Australia’s LNG export boom, which has been vacuuming Australia’s gas and caused domestic prices to skyrocket.Each plant has been shedding value since construction began. Shell’s plant was US$7bn over budget, and then suffered a $5.4bn pre-tax devaluation in 2015. Between Santos and Origin, the two plants have now been devalued by about $6bn.More: Australia’s gas export industry sheds value while tightening local supplylast_img read more

Get a Grip: Water Shoes

first_img5. KEEN Owyhee This shoe-sandal hybrid can handle rugged river adventures as well as tough trails. The Owyhee was super-grippy on slick river rocks, but its traction was even more impressive on a riverside trail run. The webbing and laces were secure and snug, and the sandals shed water quickly. $90The WringerYou Stink, Your Shirt Doesn’tI’m a stinky dude, so there’s no better test for the anti-microbial properties of a garment than my body. I wore Icebreaker’s new GT Run shirt for a month of workouts. It was on my body for Monday afternoon yoga, Tuesday morning trail runs, and the Wednesday evening group bike ride. And I never washed the thing. And each day I asked my cohorts to smell me.Their verdict? While I personally still stink, the shirt doesn’t. One month, no washing, no stink.And how did the shirt perform otherwise? Beautifully, up to a point. The GT Run wicks sweat well, dries quickly after pulling it off, and has that patented soft feel of merino wool that makes you want to hug a sheep. The only drawback of the GT Run line is one of the characteristics that will attract runners to the shirt in the first place: it’s ultra thin. This is a bonus while running, but it also makes the shirt unusually delicate. I ripped it on two separate occasions while taking it off.There’s no telling how well the GT Run’s odor-fighting capabilities will hold up after a year of abuse. Both merino and polyester baselayers tend to acquire a signature odor over time, even with regular washing. A silver-based solution like Agion Active is worth considering to fight odor over the long haul. You add this treatment to your clothing during the wash and the natural silver ions continue to battle odor, regenerating with each wash. I tested a shirt that was pre-treated with Agion Active and found it to be refreshing, even after months of use and wash cycles. $60 4. The North Face Hydroshock This ultra-light shoe looks and feels more like a traditional river bootie, but the sticky rubber outsole and synthetic suede upper provide much more support in and out of the water. It’s a low profile shoe, perfect for the boat where space and a snug fit are priorities. $90 Sandals are out. Stylish kicks that shed water are in. Here’s a roundup of the new breed of water shoe. 1. TEVA Gnarkosi The day-glo Gnarkosi was built for wakeskating, a hybrid sport that combines wakeboarding and skateboarding. The shoe has holes placed throughout the body and sole to drain water and the materials shed water brilliantly so it doesn’t get heavy like a soaked tennis shoe. The flat outsole and proprietary rubber are designed to give wakeskaters more purchase on their boards in the water. What all this means for river junkies is you’ve got a legitimate shoe that offers solid purchase in wet conditions but doesn’t get waterlogged. And the Gnarkosi delivers something that sandals can’t: street cred. $100 2. Sperry SON-R Ping The most sandal-esque of the lot we tested, the SON-R Ping, is Sperry Top-Sider’s foray into an adventure shoe. The kicks have solid water-shedding capabilities and are much more comfortable than your typical sandal, but they also tap into the “barefoot shoe” movement. The Ping has an extra flexible outsole, similar to a minimalist running shoe, and a textured insole, a combo meant to mimic the sensation of walking in a river barefoot, only without the stubbed toe syndrome. $903. Columbia Drain Maker Much like the Gnarkosi, the Drain Maker is a fully “drainable” shoe with tiny holes scattered throughout the mid-sole, while the upper is built from an open cell mesh that dries surprisingly fast. The lugged outsole performs well on slick river beds, so you’ve got a solid-performing river shoe for a variety of activities. Even more impressive is the overall feel of the Drain Maker, which is by far the most comfortable water shoe we’ve tested in years. And the understated design means you can go straight from the river to the pub without changing your kicks. $80last_img read more

Secretary of state to ask judge to toss Trump lawsuit

first_img– Advertisement – Pennsylvania’s secretary of state will ask a federal judge to dismiss a new lawsuit by the Trump campaign, which seeks to bar the state from certifying the results of its election between President Donald Trump and President-elect Joe Biden.“The Secretary disputes that Plaintiffs have stated a claim,” lawyers for Secretary of State Kathy Boockvar wrote in a court filing Tuesday, which also asked the judge to move the case to Harrisburg, the state’s capital.Boockvar, a Democrat, “intends to promptly move to dismiss and request expedited consideration of that motion,” the lawyers wrote.- Advertisement – The Trump campaign’s 86-page document accused Pennsylvania of, among other things, ignoring “legislative mandates” by evaluating mail-in ballots “on an entirely parallel track to those ballots cast in person.”This “two-track” system violates the Constitution, the campaign argued.“Pennsylvania has created an illegal two-tiered voting system for the 2020 General Election, devaluing in-person votes,” the complaint alleged.“Democrat-majority counties provided political parties and candidates, including the Trump Campaign, no meaningful access or actual opportunity to review and assess mail-in ballots during the pre-canvassing meetings,” the complaint said.It also alleged that counties favoring Democrats were unfairly advantaged in the contest by reviewing ballots earlier and allowing voters more time to “cure” problems with their votes.Judge Matthew Brann scheduled a telephone status conference for 3 p.m. ET on Tuesday. A clerk for the court told CNBC that media would not be allowed to listen in on the call. – Advertisement –center_img The signal from the Keystone State official came less than a day after the Trump campaign filed its complaint in U.S. District Court in the Middle District of Pennsylvania, requesting “an emergency order prohibiting Defendants from certifying the results of the General Election.”The suit was filed three days after news outlets, including NBC News, projected that Biden would defeat Trump in Pennsylvania. That projection put Biden over the threshold of 270 electoral votes required to win the election.Trump, however, has not conceded the race. Rather, he has claimed he won, “by a lot,” and has launched a barrage of claims, without providing evidence, about voter fraud and illegality in key states. His campaign has taken legal action in multiple states; some of those lawsuits have already been tossed by judges.- Advertisement – Pennsylvania Secretary of State Kathy Boockvar speaks at a press conference regarding election vote counting in Harrisburg, Pennsylvania, U.S. November 5, 2020.Mark Kauzlarich | Reuterslast_img read more

Indonesia to ‘stand together with China’ in battle against COVID-19, Jokowi tells Xi

first_img“I also said that Indonesia is ready to send assistance should [China] need any kind of necessary support to speed up the handling of [the COVID-19 outbreak],” he added. Xinhua news agency previously reported that Xi had spoken over the phone with Jokowi on Tuesday night, during which the Chinese president gave an assurance that China would “win” the fight against the disease and that it was committed to implementing “the most rigorous and thorough prevention and control measures” to contain the outbreak.Read also: Xi speaks with Jokowi over phone, says China will ‘win’ battle against coronavirusJokowi said he had told Xi during their conversation that Indonesia was confident that China could overcome the COVID-19 outbreak “as soon as possible”. President Joko “Jokowi” Widodo has told his Chinese counterpart Xi Jinping that Indonesia is ready to help China in overcoming the coronavirus disease, now named COVID-19, which has killed more than 1,100 people in the mainland since the virus started spreading in late December. Jokowi confirmed to reporters on Wednesday that he had spoken in a phone call with Xi on Tuesday evening, during which the Indonesian leader expressed condolences for the victims who died from COVID-19 in China. “I told [Xi] that Indonesia will always stand together with China through such hard times,” Jokowi said. COVID-19, which is believed to have originated in a market selling wild animals in the Chinese city of Wuhan, has killed 1,113 in China and infected more than 44,600 people as of Wednesday, AFP reported.The disease has spread to nearly 30 countries and killed two outside the mainland; one in the Philippines and one in Hong Kong.Indonesia has evacuated 243 people from Wuhan and surrounding cities in Hubei province on Feb. 2 and airlifted them to Natuna in Riau Islands, where they have been placed in quarantine.Jakarta has also imposed an indefinite travel ban to and from mainland China since Feb. 5, as well as a temporary halt in live animal imports from the country in an effort to prevent the deadly disease from spreading to the archipelago.There have been no confirmed COVID-19 cases in Indonesia so far. (afr)Topics :last_img read more

Govt may disband more agencies to slash red tape

first_img“We have come to realize that the handling of COVID-19 […] and the handling of the economy are inseparable. We’ve learned from the many countries that have put too much emphasis on health that the economic issues turn into another kind of [problem],” he explained.The regulation stipulates that the mandates of affected state agencies would be returned to the relevant ministries or taken over by the newly formed National Economic Recovery (PEN) task force or the national COVID-19 task force, both of which answer to Airlangga, who is the chairman of the national committee and its policymaking subcommittee.The Mangrove Management National Coordination Team, for example, was dissolved and its authorities were distributed to the Environment and Forestry Ministry and the Maritime Affairs and Fisheries Ministry. The Ease of Doing Business task force, which was established in 2017 under Jokowi, will have its duties taken over by the PEN task force.Absent from the list of dissolved agencies are three state bodies that Presidential Chief of Staff Moeldoko previously said were being considered for disbandment, namely the Peatland Restoration Agency (BRG), the National Sports Standardization and Accreditation Agency (BSANK) and the National Commission for the Elderly. When asked why some agencies previously named were not dissolved, Donny Gahral Adian, the lead expert at the Office of the Presidential Chief of Staff (KSP), hinted that there might be more to come.“So far, there are 18 agencies that were disbanded with the Perpres. But there are other agencies whose tasks can be integrated with the relevant ministries that are still under review,” he told the Post on Tuesday.Jokowi floated the idea of disbanding state agencies that were deemed ineffective or that had overlapping mandates early last week. He said he would like to see a leaner bureaucracy and that the measure would help the government rein in its spending.Since then, a handful of state officials have pointed out a number of state agencies for review.Administrative and Bureaucratic Reforms Minister Tjahjo Kumolo told kompas.com on Monday that the agencies disbanded in the new presidential regulation were not listed among the state bodies that his ministry submitted to the State Secretariat for consideration.“[The agencies] that the Administrative and Bureaucratic Reforms Ministry recommended to be disbanded were not included in the Perpres,” Tjahjo said on Monday. He did not respond to queries for further details on Tuesday.Following Airlangga’s announcement on Monday, Tjahjo told the Post that his ministry had submitted a shortlist of state agencies to be disbanded. This list was made after evaluating state agencies’ performance and scrutinizing potentially overlapping authority.“The State Secretariat will deliberate further [whether the agencies should be disbanded]. Hopefully a decision will be reached in July,” Tjahjo said.The state agencies dissolved on Monday and those that may still be under consideration were established both by presidential or government regulations and by laws. Tjahjo has said, however, that state bodies with a mandate established by law can only be disbanded after the approval of the House of Representatives through an amendment to the law.Jokowi is no stranger to disbanding non-performing government agencies and advocating for a leaner and more agile bureaucracy.Shortly after his inauguration in 2014, Jokowi disbanded 10 agencies through Perpres No. 176/2014. He also dissolved an agency that was tasked with reducing greenhouse gas emissions and deforestation as well as the National Climate Change Council and returned their respective mandates to the Environment and Forestry Ministry in 2015.Jokowi went on to disband another 10 agencies in 2016, and another agency, the Sidoarjo Mudflow Mitigation Agency, in 2017.But critics have decried what they say is the President’s propensity to turn a blind eye to overlapping authority in the agencies that surround him.Zaenur Rohman, a researcher at Gadjah Mada University’s Center for Anti-Corruption Studies (Pukat UGM), has noted that the State Secretariat, the Cabinet Secretariat and the KSP all have similar tasks.“In addition to reviewing other institutions, the State Palace itself needs to be reviewed, regarding how its agencies carry out their duties,” Zaenur said.While he expressed appreciation for efforts to control state spending, the researcher said the government would do well to review a number of its spending decisions. Some Rp 4.1 trillion (US$ 276.78 million) has been earmarked for state travel expenditures in a purported effort to support the economies of tourist destinations throughout the country.“That budget could be channeled directly to the businesses in the form of a stimulus or to sections of the public that were hit hardest by the [sluggish] economy resulting from COVID-19,” he said.Topics : President Joko “Jokowi” Widodo disbanded 18 state agencies on Monday, but this may only be the beginning of a renewed drive to trim down the Indonesian bureaucracy, officials have hinted.Jokowi has signed Presidential Regulation (Perpres) No. 82/2020 on the COVID-19 response and the National Economic Recovery Committee, announced Coordinating Economic Minister Airlangga Hartarto at the State Palace on Monday.The regulation disbanded 18 state agencies in a bid to free up more resources so that the government could respond more effectively to the COVID-19 crisis, Cabinet Secretary Pramono Anung said on Tuesday.last_img read more

Manchester City embarrass Manchester United & Arsenal with insane stat after 8-0 Watford win

first_imgManchester City embarrass Manchester United & Arsenal with insane stat after 8-0 Watford win Metro Sport ReporterSaturday 21 Sep 2019 5:28 pmShare this article via facebookShare this article via twitterShare this article via messengerShare this with Share this article via emailShare this article via flipboardCopy link848Shares Comment AdvertisementAdvertisementBut, nevertheless, the goals Pep Guardiola’s side did manage reflect terribly on City’s rivals as the stats show they managed as many goals today against Watford as Manchester United and Arsenal have managed all season.The Hornets battled back from two goals down to draw 2-2 with Arsenal last week and created numerous chances against Unai Emery’s men.Today’s result only serves to show the gap between Manchester City and Liverpool with the rest of the Premier League.The Reds travel to Stamford Bridge tomorrow to take on Chelsea where they’ll be looking to reestablish their five-point lead at the top of the table.MORE: Jamie Carragher warns Liverpool over Manchester City’s defensive crisis Manchester City hit Watford for eight (Picture: Getty)Manchester City recorded the second biggest win in Premier Leauge history after an emphatic 8-0 win against Watford at the Etihad today.Bernardo Silva’s hat-trick was added to by Sergio Aguero, Nicolas Otamendi and Riyad Mahrez, while Kevin De Bruyne also grabbed a brace.The win is the joint second biggest margin in the competition’s history, matching the 9-1 victory Spurs managed over Wigan and only beaten by Manchester United’s 9-0 win against Ipswich in 1995.City were 5-0 up after a scintillating opening 18 minutes against the Hornets and in truth the scoreline could have hit double figures had it not been for some charitable finishing from De Bruyne and Aguero.ADVERTISEMENTPremier League 2019/20:• Man United: 450 mins played – 8 goals • Arsenal:450 mins played – 8 goals • Man City vs. Watford:90 mins played – 8 goals#MCIWAT pic.twitter.com/en6x8qko41— Ayodeji Ayodeji (@AyodejiX2) September 21, 2019 Advertisement Advertisementlast_img read more

Anilao’s No. 6 most wanted person falls

first_imgThe suspect was detained in the lockupcell of the Anilao police station. The 41-year-old Leonardo Democrito wascaught on the strength of an arrest in Barangay Ito Sur, Cabatuan, Iloiloaround 7:15 p.m. on Feb. 19, a police report showed. ILOILO City – He was listed as the No. 6most wanted person in the municipal police station of Anilao, Iloilo. Democrito – resident of BarangayPalaypay, Anilao – was facing rape charges. He had been hiding from the policefor about five years, the report added. No bail bond was recommended for histemporary liberty./PNlast_img read more

DAR invites Pres DU30 in WV land distribution

first_imgAround 700 people, many of whom arefarmers, coming from different provinces of this region are urged to attend. BORACAY – President Rodrigo Duterte isinvited to distribute registered Emancipation Patents (EPs) and Certificate ofLand Ownership Awards (CLOAs) upon his visit in this world-famous Island onMarch 12, according to Department of Agrarian Reform acting provincial reformofficer II Ma. Teresa Valencia. The president is expected to distribute 2,795.8351 hectares of new lands around the region to some 3,273beneficiaries.  Aside from Duterte, Department ofAgrarian Reform secretary John Castriones is also expected to grace the event,along with the provincial and local government of Western Visayas.  Of the total amount of the said lands,31 Agrarian Reform Beneficiaries (ARBs) in this island will receive two CLOAscovering around 1.9858 hectares; 11 ARBs in Aklan province will get 11CLOAs/EP’s for 14.544 hectares, 14 ARB’s in Antique province will bedistributed with 19 CLOAs/EPs for 16.0728 hectares; 223 ARB’s in Capiz provincewill be given 315 CLOAs/EPs for a land ranging to 269.8541 hectares; 29 ARBs inGuimaras province will receive 46 CLOAs/EPs for 42.0581 hectares; 56 ARBs inIloilo province will be awarded 68 CLOAs/EPs for 32.9820 hectares; 864 ARB’s inNegros Occidental 1 will get 1,458 CLOAS/EPs for 1,727.3081 hectares; andfinally, 770 ARBs in Negros Occidental 2 will have 1,353 CLOAs/EPs covering 2,795.8351hectares./PNlast_img read more

Ronaldinho released from prison after 32 days

first_imgRelatedPosts Ronaldinho regains freedom in Paraguay Despite being under house arrest, Ronaldinho hosts parties with models Ronaldinho set to be released from prison Ronaldinho has been granted house arrest and will leave the Paraguayan prison he has been kept in. The Brazil football legend has been in jail on the outskirts of Paraguay capital Asuncion for 32 days alongside his brother Roberto Assis. The pair were alleged to have entered the South American country with fake passports and were subsequently detained by authorities. But his turbulent time behind bars appears to now be over – and he will instead now go under house arrest. Regular stories have been released on Ronaldinho’s time in jail, where he has been playing footvolley and other soccer games against in-mates. Among those he has been spending time alongside are murderers and thieves. He has been regularly visited by old friends, with pictures and videos of his time in the prison complex being released. On Tuesday, it appeared that the once-smiley samba star was growing a beard as part of a new look. Former Paraguay striker Nelson Cuevas visited Ronaldinho and claimed that he lost his grin. But in a selfie video recorded from his cell, the toothy smile of the star was to be seen once again. Earlier in the prison sentence, Ronaldinho’s old team-mate Rivaldo opened up on his fears for the 40-year-old. He told Betfair: “I haven’t communicated with Ronaldinho since his arrest in Paraguay but I’ve been watching and reading about it with some concern and sadness as this is not good for his reputation and is dark chapter in his beautiful story. “From my side, I’m just cheering for him and hoping that all ends up fine, but I expect it’s very annoying to spend your birthday detained in a foreign country. “I hope Ronaldinho can emerge stronger from all of this.”Tags: Roberto AssisRonaldinholast_img read more