Speculations About the First Day of Ramadan

Rabat – The holy month of Ramadan is approaching day by day and people in Morocco have already started making provisions to greet it. Despite the scorching heat during the days of the last few Ramadans, which coincided with summer time, Moroccans still excitedly await the holy month each year.However, the controversy over the exact dates of Ramadan start a month before. Speculations and astronomical calculations usually contradict, making it especially confusing for Muslims living abroad. Sometimes the difference between Muslim countries, though being geographically close, varies by a full day.The Grand Mosque of Paris announced in a press release, revealed by Saphire News, that “The night of doubt” to determine the start of Ramadan is going to be June 5.  The Grand Mosque also stated in the same press release that a commission will set the exact date of the start of Ramadan during the night of June 5. Accordingly, the first day of Ramadan is likely to be on June 6 or 7. The Islamic Theological Council has already fixed the date of Ramadan in France on June 7 based on astronomical calculations.The month of Shaaban began Sunday, May 8, 2016 in countries such as Morocco, Saudi Arabia, the US and even South Africa. The 29th day of Shaaban coincides with Sunday June 5. Thus, Ramadan in Morocco, like in many countries, should begin June 6 if the moon appears in the evening of June 5, or June 7 if it is not visible on June 5.Following the Islamic tradition, the determination of the date of Ramadan should depend on the observation of the new moon with the naked eye.The Ministry of Awqaf and Islamic Affairs has many observatories across the country to observe the moon and report to the Ministry, which finally announces the beginning of the new month. Hence, Morocco is hailed as the most accurate country in the Arab World when it comes to Islamic calendar dates. read more

SecretaryGeneral asks Council to extend UN Iraq mission for one year

The UN Assistance Mission for Iraq (UNAMI), with a current mandate set to expire on 11 August, has grown in size and expanded its activities beyond Baghdad as much as the security situation permits, according to a letter the Secretary-General sent to the Council president. A total of 396 international civilian and military personnel are currently in the country.The Secretary-General cautions that in the light of security concerns, all UN activities in Iraq for the foreseeable future will be carried out only “as circumstances permit.”The letter highlights the vital role the mission has played in facilitating the country’s political transition in the past year, particularly with regard to the holding of two national elections and the adoption of a new Constitution.“Despite meeting these benchmarks, Iraq continues to face formidable political, security and economic challenges,” Mr. Annan writes. “Over the past 12 months, the security and human rights situation has remained a matter of serious concern.” He notes that insurgent, militia and terrorist attacks continued unabated in many parts of the country and that sectarian violence poses an increasing threat to the population.“While the Government of Iraq has the primary responsibility for addressing these challenges, it will need the continued support of the international community to succeed,” he says.The UN would provide strong support for the International Compact for Iraq, a new partnership aimed at consolidating peace and promoting political, economic and social development, the letter says. UNAMI was also prepared to strengthen its activities in reconstruction and development, particularly in capacity building and donor coordination, as well as provide further constitutional and electoral assistance, he notes.“The continued close cooperation with the Government of Iraq and the continued active support of the Security Council and the international community will be essential for enabling UNAMI to fully implement its mandated tasks,” Mr. Annan stresses.Set up by the Security Council in August, 2003, UNAMI is headed by the Secretary-General’s Special Representative, Ashraf Qazi, who formerly served as a career diplomat for his native Pakistan. read more

The Canadiens Are Having A Good Season But Trading Subban Was Still

When the Montreal Canadiens dealt P.K. Subban to the Nashville Predators for Shea Weber last offseason, it was one of the NHL’s biggest challenge trades in years. Both players play defense, though each represents a different philosophy of how the position should be played — Weber is big and strong and tough and represents more of the old guard of NHL defensemen, while Subban is fast, slick and immensely skilled with the puck, the perfect prototype of the modern NHL defenseman.As the two blueliners prepare for Thursday’s game, their first head-to-head matchup since the trade, it might be tempting to think Montreal has gotten the better end of the deal. The Habs have a better record and goal differential than the Preds so far in 2016-17, and Weber has provided more individual production than Subban as well.But although Montreal might have the better hockey team, the Subban-Weber swap still probably made the Habs slightly worse in the long run. Although Weber is very, very good at hockey, a closer look at the numbers shows that Subban is better.To be clear, Weber isn’t a traffic cone. He has finished in the top five in voting for the James Norris Memorial Trophy, which is given to the league’s best defenseman, five times in his career, and he hasn’t finished outside the top 10 since his second full NHL season in 2007-08. By any metric, Weber is among the best backliners of his generation. In fact, he’d probably sit at the head of the table at a “Best Defensemen to Never Win a Norris” banquet.Weber is also having a very productive first season with his new club. He has notched 37 points in 64 games, good for 0.58 points per game — tying his career average. Subban, on the other hand, was injured in mid-December (the nebulous “upper-body injury”) and missed 16 games, so he trails Weber in total points. But Subban’s 30 points in 47 games are good for a pace of 0.64 points per game, also matching his career average. On a rate basis, then, Subban still looks better right now, and that’s without looking at what the two defensemen will be doing two or three (or even six) years down the line.What will those seasons look like? Major League Baseball has PECOTA1PECOTA was developed by FiveThirtyEight’s editor-in-chief, Nate Silver. to project a player’s future performance, but the NHL doesn’t have much in the way of similar projection tools.2The guys at Hockey Prospectus have developed an analogous model called VUKOTA, but it’s proprietary. It’s difficult, therefore, to predict when a player might be in his prime seasons. But a study published in 2014 by University of British Columbia professor James Brander examined the effects of age on scoring and plus-minus, concluding that an NHL defenseman peaks at age 29 and generally plays at 90 percent or better of his peak productivity from age 24 to 34.Subban and Weber’s careers have overlapped for seven full seasons, counting this one.3Subban’s NHL career technically began during the 2009-10 season, but he only played two games, so according to NHL policy, his rookie season was officially 2010-11. (For what it’s worth, Subban dished out two assists in those first two games.) Subban was 21 when that stretch began and is 27 now; Weber was 25 at the beginning of the 2010-11 season and is 31 now. If Brander’s assumptions are correct, Subban has not yet reached his peak, while Weber is on the downslope.According to Brander’s study, Weber has been either at or near his peak for the entire time his career has overlapped with Subban’s, and yet Subban still tops Weber in a number of advanced metrics. For starters, the numbers suggest that Subban is a better possession driver than Weber: During the years they overlapped, Subban’s Corsi for percentage (the proportion of total shot attempts — including misses and blocks — that a team amasses in its games) at 5-on-5 is 52.6 to Weber’s 50.3, according to Corsica Hockey. Relative to teammates at 5-on-5, Subban’s Corsi for percentage is 3.8 points higher than his team’s is when he sits; Weber’s is only 0.1 better. In an era when possession matters as much as it ever has, Subban looks to be the more valuable player.What’s driving those Corsi numbers? Subban’s teams have taken more shots while he’s on the ice in the past seven seasons than Weber’s teams have; at even strength, Subban-led squads have taken nearly 33 shots for every 60 minutes he’s on the ice while Weber’s teams have taken approximately 31. And despite Weber’s billing as the more conventional, defensive-minded blueliner, Subban’s teams have also allowed fewer even-strength shots per 60 minutes while he’s on the ice than Weber’s have: 29.7 vs. 30. In other words, Subban’s even beating Weber at his own game.Beyond possession metrics, Subban has a slight edge in points per game over the same stretch, 0.64 to Weber’s 0.62, an advantage that is likely to increase over the next few seasons. Weber is a better shooter than Subban — his career shooting percentage of 8.2 far outpaces Subban’s lifetime mark of 5.9 — and the Montreal defenseman is averaging more time on ice than his Nashville counterpart this season, but these are the only two metrics that could be weaponized against Subban evangelists.At 31, Weber still passes the eye test as a top defenseman (because he is) and he gives the Canadiens those mythic “tough minutes.” But Subban beats Weber in possession, points and team shooting rates. Subban likely has not peaked, but Weber probably has. On the ice, Nashville remains the clear winner in this trade.Now, there is one scenario where Nashville ends up the loser in this trade: if Weber retires before the end of his contract.4Contracts like Weber’s, which is heavily front-loaded and was signed back in 2012, are now illegal under the NHL’s revised salary-cap rules. Should Weber choose to hang up his skates before the last year of his deal, the Preds would be on the hook for a “cap recapture” fee to the tune of $24.5 million. That represents roughly a third of each team’s entire salary cap this season — needless to say, it would not be great for Nashville. The penalties are less severe if Weber retires earlier, between the ages of 32 and 39, but Nashville will still be crossing its fingers that Weber will stay on the roster till the end of his deal (he’ll be 40 the next time he becomes an unrestricted free agent).There’s no evidence to suggest that Weber will not play through the end of his deal, though. It’s not uncommon for an NHL defenseman to play till he’s 40, and in Weber’s eleven full seasons, he’s never played less than 54 games.5He played in all 48 games in the lockout-shortened 2012-2013 season. Bad things can happen and bodies do break down, but Weber has been an ironman to this point. Even though he doesn’t play for them anymore, Nashville will hope that trend continues.At the end of the day, both Nashville and Montreal wound up with two of the 10 best defensemen in the NHL. Subban, though, has won a Norris — Weber is still waiting for his first. He might get it under new Habs coach Claude Julien, whose defense-first style of coaching suits Weber’s style of play. But history suggests that as he ages past his prime, Weber’s prestige will fade, even if only slightly. Meanwhile, Subban is probably still getting better. That means the Predators will likely come out ahead in the long run, even if Montreal has the better record so far this season. read more

People still joining credit unions but fewer are taking out loans

first_imgCREDIT UNIONS ARE still as popular as ever, adding more members and more deposits in the last year, but people are borrowing less.Yearly figures released by the Irish League of Credit Unions shows that membership of the league’s 380 institutions increased by about 20,000 this year.Deposits on hand also increased, with members saving over one per cent more in the year up until September. The movement now has €10.5 billion in assets.The good news was tempered by the figures that show loans – the primary money-maker for credit unions – are down.Year-on-year, lending is down 10.5 per cent, with €1.6 billion having been lent out in the year up to September.ILCU chief executive Kieron Brennan said that the drop in lending was a “general thing”.“In recession, people generally pull their horns in and notice where they are overexposed.”He said that last week’s survey on Christmas showed some recovery in the sector, with people set to borrow more in the run-up to the festive season.He added that the impact of the Personal Insolvency Scheme on credit unions was “overstated”, saying that many members would not carry enough debt to be written off by the service.Read: Over €31 million in deposits were taken from Newbridge CU in 18 monthsRead: Explainer: What is going on with the Credit Union?last_img read more

Saving the Earth Requires Billions of Tons of Sulfuric Acid

first_img So we’ve probably fucked the planet. Yeah, it can be stopped, but it probably won’t be. The Paris Climate Agreement shoots to limit the increase in global temps to 1.5 to 2 degrees Celsius. The problem is, we’d have to get a lot more aggressive than we currently are to hit those targets, for one, and secondly, even that increase could still be catastrophic. But, at this point, we’re just trying to stop the bleeding.Some scientists have suggested that we could re-engineer the atmosphere to help mitigate increasing temperatures. A new paper in Science suggests that such a strategy could work, and it’s based on a natural phenomenon — volcanic eruptions.When a volcano goes off, it ejects a ridiculous amount of sulfur and other particulates into the atmosphere. That helps cool the planet by blocking some of the sunlight from ever reaching the surface. Scientists, dismayed by the meager progress from the public and from politicians, are looking to adapt that into a technology known as Stratosphere Aerosol Modification.First, let’s be clear: we really, really, really want to not do this, it’s the best of a bunch of bad ideas and may not even be possible on the scales we need anyway. It is a last resort, but one that is looking increasingly and unfortunately necessary.Anyway, that said, the researchers concluded that it might be possible to use sulfur dioxide to help unfuck the planet. But there’s a ton of caveats (because of course there are). One of the big ones? This cannot replace just reducing carbon emissions. It’s not enough on its own to totally offset the warming we currently expect, and the more we inject into the atmosphere, the less effective the injections are.Credit: N. CARY/SCIENCENext, it could have some pretty disastrous effects on all kinds of atmospheric systems. For one, sulfur dioxide may help block sunlight, but it also absorbs heat from the lower atmospheric layers. This could alter how the winds of the stratosphere move around, limiting the proper spread of the gas and possible applications for aiding the planet. That’s not to mention possible effects it may have on global rainfall and other weather patterns driven by stratospheric conditions.The last issue, and possibly the biggest — it’s going to cost more than we can fathom. The scientists used a very optimistic model suggesting that large-scale carbon capture and aggressive reduction in CO2 emissions would start by 2040 (that’s cute). And even with that, we’d need to inject sulfur every day for 160 years. That’s equivalent to one Mount Pinatubo explosion. Every. Year. And the kicker? That’s just to keep at 2 degrees. This is what we would have to do to hit the targets the Paris Climate Agreement laid out.So… what does this mean? Well, the program would start at $20 billion/year to design and operate enough planes to meet the 6700 flights that would need to be made each day. It gets more expensive with time, too. This is because we’ll have to offset other climate effects with the technology we haven’t even thought of yet.And that’s assuming we’ve figured out all the issues with SAM in the first place, or can make enough sulfur dioxide to pull this off. We’d need four billion metric tons a year. Also, for those of you who just now remembered your high school chemistry classes — why yes, we’re talking about injected SULFUR F*CKING DIOXIDE INTO OUR F*CKING ATMOSPHERE. WHEN IT COMBINES WITH WATER IT FORMS SULFURIC F*CKING ACID. WHAT THE F*CK. HOW ARE WE HERE. WHAT THE F*CK IS WRONG WITH US. I mean GAAAAAH!Oh… and uhh… sulfur smells awful. So there’s that.Let us know what you like about Geek by taking our survey. Stay on target Watch: Dolphin Leaps Feet Away From Unsuspecting SurferNASA Says 2 Asteroids Will Safely Fly By Earth This Weekend last_img read more

Bew ak Hebate Part 7 Vain Pride and Prejudice

first_imgBy Amie SillahSiga She travelled to the U.K to personally inform her mom about arrangements so far. It has to be well coordinated to enable her mom Njombat to attend by taking few weeks casual leave. Njombat is a psychiatric nurse and has not visited the Gambia for the last 20 years; Njombat is excited and intends to bring along some friends who want to film African Wedding.“Mom everything on course,” she explained.Njombat    “Get a Wedding Planner to ensure everything is on course, you can also use your friends and cousins to be on board to assist the expert; I don’t want to be embarrassed, do you hear me?”“I’ll do my best,” said Siga.She also did some last minute shopping.Pays a Visit to Njiils    She came and humbled herself by stooping before her aunt.Njiils “Get up! You are embarrassing me; what is it?”Siga “I offended you the other time by making a silly joke, I’m sorry for being so flippant. I travelled to U.K to put the final touches to our wedding plan, my mom is coming with some British friends to grace the occasion and she advised me to employ the services of a wedding planner. Can you help me find one?”Njiils“I can find you one my friend Yaate that is her job.”Siga“Thank you very much and what should I have done without you? And one more thing, since I returned Lams is avoiding me and does not take my calls when I protested he complained that I nag too much and is pestering his life; should I go ahead with this marriage? I am scared that Lams’ love for me is very much dwindled.”Njiils “My love, don’t say that Lams loves you very much, it is just apprehension before you get into the unknown, butterflies in the stomach we all have passed through it; I’ll go and talk to him, be cheerful.”Siga “Thank you very much and please do because if this fails not only me but my mom’s hypertension can kill her.”Njiils“Don’t say that, be optimistic, I’ll talk to him.”Siga left with high hopes that Aunty Njiils will fix it.At Lams House As soon as he saw her he started to kiss her but Njiils stopped him. “No! No! No! This cannot continue I am ashamed of myself my niece has great confidence in me, how can I stab her at the back? Please we have to stop; we are hurting our love ones.”Lams “Do you really want us to stop? Answer me with honesty.”Njiils She kept the silence but Lams insisted;“I don’t know.”Lams “As for me I’ve made up my mind, I don’t love Siga and I can’t marry her, with you around I can never be faithful to her and that will be wickedness, it is very painful to her but it is better for the pain to come now than later when she will be marrying a mirage.”He jumped and kissed her passionately and they ended in bed. They said soothing words to each others’ ears, sang love songs, had fun to escape the troubles of the world.“We have to elope I don’t want you to go back to your husband; I am ready, let’s go.”Njiils disentangled herself and rushed home.At Home She found her husband wide awake and as soon as she tiptoed into the sitting room he cautioned her;Abraham “Where have you been? The children were asking after you especially when there was a break in.”Njiils “Break in? Where was the security?”Abraham    “Had you visited them that wound not have happen? You would then have checked on the security,” he raised his voice.Njiils “I visited my dad.”Abraham “I rang your dad but he said he has not seen you for months, sweet heart what is happening?”Njiils is ashamed of herself.“Are you seeing him?”She hesitated but later told the truth.Njiils    “I am seeing him and in fact slept with him; he is the one I love, forgive me, let us divorce because I am not being faithful to you and I don’t want to continue being an adulteress.” She felt a great relief by telling the truth.Abraham He is shattered but does not want to let go.“But he betrayed you in the past and went and married another woman; let us not destroy what we have, it is genuine love until he appears and destroy it all, please!” He stooped in front of Njiils.Njiils “Let’s keep the records straight, he was never married to anyone in fact he named his business after us, all what happened was my dad’ and sisters’ manipulation my father has in fact confessed his sins. I am very sorry, my heart and soul is with him.”Abraham“What about our daughter? I think we can still go away from here, if you don’t see him you’ll forget about him; let us give it a try, I’ll not divorce you, I still love you.”Njiils is trapped she thought by spilling out the bin Abraham would let go but he refused, what was she going to do?”At the Church The Pastor called out all the people who were courting and have to marry in the month and among the top list was Lama and Siga. They came out and he asked the congregation to pray for them.Njiils and Abraham sat at the front row but when they stood up Njiils was silent and not praying for them and constantly Lama looked towards her direction and Abraham noticed and is very uncomfortable.The Unavoidable As usual Njiils paid him a visit again and as they kissed each other Siga came in time and caught them kissing and fondling, she exclaimed and dropped her glass of juice crashing upon the floor.Siga“What! Are my eyes failing me? No! Mrs. Abraham! So it is you the woman distracting my fiancé? What sort of snake in a green grass are you?” She started to mimic her.“Yes I’ll talk to him, it will be alright, Lams will marry you; how can he marry me when you are serving him day and night neglecting your marital duties to my wonderful uncle, I knew it when I saw you the first time, both of you could not resist each other your actions betrayed you; shameless adulteress! You have tied my uncle at your apron; please leave me to marry my husband! The church will hear about it if you don’t leave him, shameless woman.” She spat at her.To be Cont. ]]>last_img read more

Rodgers has a point to prove at Leicester City Tony

first_imgTony Cottee believes Brendan Rodgers returned to the English top flight to prove a point after verbally agreeing to become Leicester City boss.According to Sky sources, Rodgers ended a three-year spell at Celtic in which he won seven trophies including back-to-back domestic trebles to join the Foxes.The Northern Irishman was famous for mounting a serious title challenge as Liverpool boss but narrowly finished in second place. He was sacked in 2016 after a poor run of games.“He’ll come back with a point to prove,” former Leicester striker Cottee told Sky Sports News. “I thought he did a good job at Liverpool and I thought he was unfortunate to leave there.“He’s done well in Scotland but everyone will say it’s a lot easier up there. I think this is a real challenge for Brendan. He’ll come back full of beans and look forward to the challenge.“Leicester aren’t really in any trouble, they’re mid-table at the moment, so it’s a case of trying to work out what he wants for the rest of the season and then look to rebuild for next season.”Harry Maguire, Manchester UnitedLiverpool legend Nicol slams Harry Maguire’s Man United form Andrew Smyth – September 14, 2019 Steve Nicol believes Harry Maguire has made some “horrendous mistakes” recently, and has failed to find his best form since joining Manchester United.Leicester City Football Club is delighted to confirm the appointment of Brendan Rodgers as its new First Team Manager 📝#WelcomeBrendan— Leicester City (@LCFC) February 26, 2019Cottee reflected on Claude Puel’s tenure, which ended with a 4-1 home defeat to Crystal Palace on the weekend, claiming that the Frenchman was too defensive and did not get the best out of striker Jamie Vardy.“Jamie Vardy has seemed very unhappy over the last few weeks and months,” he added.“He’s their star striker; you have to play to his strengths.”last_img read more

Filing of GST R9 9C to cause double taxation

first_imgNampally: Telangana Tax Practitioners Association has demanded that the state and the central governments cancel filing of GST annual returns using GST R9 and 9C forms. The association president Nagesh Rangi was speaking to media here at the association office on Sunday.Nagesh said that businesses would lose out due to returns filed using the forms GST-R9 and 9C as it may lead to double taxation. He appealed to the governments to call for a meeting with tax advisors in this regard to find a solution to the issue. It is not possible to file annual returns through R9 and 9c without amending the forms, he said. Also Read – JIH organises Eid Milap for sanitary workers Advertise With Us Filing annual returns using only GST 2A and GST 3B would not be possible, as businessmen will be forced to pay the taxes that they have already paid. This would result in huge losses to consumers as well as businesses, he said. Nagesh urged the state and central governments to intervene in this matter and amend the forms R9 and 9C forms and extend the last date for filing returns to December 31. Association secretary R Vittal, treasurer D Vasanth Kumar Reddy, and others participated in the press conference.last_img read more

No gas in Mirpur for 4hr today

first_imgMap of DhakaGas supply across a vast area of Mirpur will remain shutdown from 1:00pm to 5:00pm on Thursday due to relocation of gas pipelines to facilitate construction of Mass Rapid Transit Development under the Dhaka Metro Rail Project, ীাজদীূে ঙ.According to a press release of the Titas Gas Transmission and Distribution Company Ltd, which is responsible for gas supply in Dhaka city, the areas where gas supply will be suspended are the areas located on both sides of Zoo road, Mirpur sections 1, 2, 6, 7, west side of Mirpur 10, 11 and 12, Eastern Housing, Rupnagar, Arambagh, Alubdi and its adjoining areas.The supply will disrupt all kinds of consumers including household, commercial and industrial in these areas.last_img read more

Snap Stock Skyrockets as Company Adds 13 Million Daily Active Users in

first_imgShare prices for Snapchat’s corporate parent Snap Inc. shot up as much as 13% in after-hours trading Tuesday on news that Snapchat added 13 million daily active users in Q2 of 2019. The service ended the quarter with 203 million users, compared to 190 million at the end of Q1, and 188 million in Q2 of 2018.Snap executives called out its AR camera lenses as a key growth factor, estimating that between 7 and 9 million of those 13 million users were attributable to its new AR lenses. Altogether, Snap lenses had seen more engagement in Q2 of 2019 than in all of 2018. “Augmented reality has become a daily behavior for the vast majority of our community,” said Snap CEO Evan Spiegel.Snapchat also pointed to its rebuilt Android app as another growth contributor. “We saw more than a 10% increase in the retention rate of people who open Snapchat for the first time,” the company said in its earnings release. Snap revealed the notable user growth as part of its Q2 2019 earnings results, which also included better-than-expected monetary benchmarks, despite the fact that the company continues to lose money.Snapchat managed to grow its revenue to $388 million for the quarter, compared to $262 million during the same quarter last year. Losses declined to $255 million, compared to $353 million in Q2 of 2018. That equals non-diluted losses of $0.06 per share.Analysts had expected losses of $0.10 per share on revenue of $360.32 million.Snap also reported solid growth for Discover, its monetized content platform. Daily watch time on Discover increased by over 60% year-over-year, while the number of daily viewers grew by 35% percent year-over-year. “By investing in premium content, we are seeing the quality of our content platform improve in addition to increasing engagement with longer-form content,” Spiegel said.This marks the second solid recovery quarter for Snap, which managed to grow its user base by 4 million in Q1. On Tuesday, the company forecast revenue of between $410 million and $435 million for Q3 of 2019. ×Actors Reveal Their Favorite Disney PrincessesSeveral actors, like Daisy Ridley, Awkwafina, Jeff Goldblum and Gina Rodriguez, reveal their favorite Disney princesses. Rapunzel, Mulan, Ariel,Tiana, Sleeping Beauty and Jasmine all got some love from the Disney stars.More VideosVolume 0%Press shift question mark to access a list of keyboard shortcutsKeyboard Shortcutsplay/pauseincrease volumedecrease volumeseek forwardsseek backwardstoggle captionstoggle fullscreenmute/unmuteseek to %SPACE↑↓→←cfm0-9Next UpJennifer Lopez Shares How She Became a Mogul04:350.5x1x1.25×1.5x2xLive00:0002:1502:15center_img Popular on Variety last_img read more

Snap Stock Back to IPO Price on Q2 Growth News

first_imgThat sentiment was echoed by UBS analyst Eric J. Sheridan, who predicted in a note to investors Tuesday that better-than-forecast user growth may once again be in store for the next quarter. Sheridan also argued that Snapchat would be able to sustain its growth, and add as many as 50 million additional users by 2022.Other analysts were also striking a more positive tone on Snap, with MoffetNathanson’s Michael Nathanson noting: “Big picture, we have improving (daily average user) trends, accelerating ad revenues, lower cost growth and positive earnings revisions.” However, Nathanson wasn’t read to call it a Cinderella story just yet, arguing that the company was ultimately overvalued, and that some of those newly-acquired users may jump ship again, lured away by TikTok.That’s why most analysts still target Snap’s share price below its IPO pricing, even after Tuesday’s earnings release. To prove them wrong, Snap not only has to continue to grow users, but also turn those eyeballs into revenue numbers that would warrant a higher valuation. Following Tuesday’s Q2 2019 earnings release, Snapchat’s corporate parent Snap Inc. saw its share price rebound to IPO levels Wednesday morning. Investors were embracing the stock on news that Snapchat was able to grow its base of daily active users by 13 million during the quarter.Snap shares surged as much as 17.5% Wednesday morning over Tuesday’s closing price, at one point trading at $17.43 — a new 52-week high. The company made its Wall Street debut with a share price of $17 in March of 2017. Shares have traded below that price ever since March of last year, reaching an intraday low of $4.82 last December.Much of Snap’s past woes were attributable to slowing growth, especially in light of competitors like Instagram and TikTok adding many millions of new users. Q2 marked the second quarter in a row that Snapchat was able to grow its user base sequentially, and management predicted that it would further grow its user base in Q3 during the company’s earnings call. Related Snapchat Parent Company Raises $1.265 Billion in Debt Financing, Citing Potential Acquisitions Snap Intros $380 Two-Camera Spectacles — A Fashion Accessory for Snapchat AR Content Popular on Variety ×Actors Reveal Their Favorite Disney PrincessesSeveral actors, like Daisy Ridley, Awkwafina, Jeff Goldblum and Gina Rodriguez, reveal their favorite Disney princesses. Rapunzel, Mulan, Ariel,Tiana, Sleeping Beauty and Jasmine all got some love from the Disney stars.More VideosVolume 0%Press shift question mark to access a list of keyboard shortcutsKeyboard Shortcutsplay/pauseincrease volumedecrease volumeseek forwardsseek backwardstoggle captionstoggle fullscreenmute/unmuteseek to %SPACE↑↓→←cfm0-9Next UpJennifer Lopez Shares How She Became a Mogul04:350.5x1x1.25×1.5x2xLive00:0002:1502:15last_img read more

Senior Amazon Media Exec Jeff Blackburn to Take YearLong Sabbatical

first_img ×Actors Reveal Their Favorite Disney PrincessesSeveral actors, like Daisy Ridley, Awkwafina, Jeff Goldblum and Gina Rodriguez, reveal their favorite Disney princesses. Rapunzel, Mulan, Ariel,Tiana, Sleeping Beauty and Jasmine all got some love from the Disney stars.More VideosVolume 0%Press shift question mark to access a list of keyboard shortcutsKeyboard Shortcutsplay/pauseincrease volumedecrease volumeseek forwardsseek backwardstoggle captionstoggle fullscreenmute/unmuteseek to %SPACE↑↓→←cfm0-9Next UpJennifer Lopez Shares How She Became a Mogul04:350.5x1x1.25×1.5x2xLive00:0002:1502:15 Amazon senior vice president Jeff Blackburn is about to take some time off next year: Blackburn will embark on a one-year sabbatical, he revealed in an email to staff Wednesday.“It’s never easy to find a good time for a break when always scaling so fast, but now feels like the right time for me and my family,” Blackburn wrote in the email, which was first published by Geekwire.Blackburn joined Amazon in 1998, and worked on a wide variety of projects ranging from the company’s third-party marketplace to business development and advertising. Over the last 7 years, he focused on Amazon’s growing media business, including Prime Video, Amazon Studios and Amazon Music.“Jeff Blackburn has decided to take a one year sabbatical with his wife and extended family following more than 21 years at Amazon,” a company spokesperson said in a statement to media. “Jeff’s sabbatical will begin in early 2020, and we look forward to welcoming him back in 2021.” Click here to see if this could be a treatment option for you Ad by Bristol-Myers Squibb See More AdChoices Popular on Variety Blackburn is said to be one of Jeff Bezos’ closest advisors, and also has a significant stake in the company: CNBC reported Wednesday that Blackburn owns 71,000 Amazon shares, which are worth about $132 million.last_img read more

Blue skies high temperatures expected for Semana Santa

first_imgNational Meteorological Institute (IMN) forecasts released Thursday predict temperatures in the Central Valley will hover around 31 degrees Celsius (88 F) for Semana Santa, next week.The IMN said beachgoers can expect clear, blue skies in coastal areas, and temperatures could reach up to 36 C (97 F) along Pacific shores. Temperatures at Caribbean beaches could reach 33 C (91 F), making for a hot week for vacationers.Although the temperatures are high, they will not surpass those registered during the same period last year, meteorologists said.The IMN also said that high temperatures will continue through April and could even increase, because the sun’s heat will be more direct over the country. Officials caution residents to avoid excessive exposure to direct sunlight.A slight chance of occasional showers in mountainous regions is forecast, the IMN added. Facebook Comments No related posts.last_img read more

OCC Works to Decrease Regulatory Burden on National Banks FSAs

first_img in Daily Dose, Government, Headlines, News Community National Banks Economic Growth and Paperwork Reduction Act Federal Financial Institutions Examination Council Federal Savings Associations Office of the Comptroller of the Currency 2015-05-06 Staff Writer May 6, 2015 583 Views OCC Works to Decrease Regulatory Burden on National Banks, FSAscenter_img The Office of the Comptroller of the Currency (OCC) took steps toward reducing the regulatory burden placed on community national banks and federal savings associations (FSAs) by participating in an outreach meeting as part of the Economic Growth and Paperwork Reduction Act (EGRPRA) on Monday.Thomas J. Curry, comptroller of the currency, led discussions at the meeting, which is the third in a series of meetings under the EGRPRA.According to Curry, the OCC is working on an interagency basis and with the Federal Financial Institutions Examination Council (FFIEC) to make regulatory compliance easier for FSAs and national banks – particularly those on the smaller side.“Smaller banks and thrifts don’t have the same kind of resources that large institutions can bring to bear on regulatory compliance,” Curry said, “and if we can eliminate unnecessary rules and streamline others, we can make it easier for these institutions to serve the economic needs of their communities.”Curry even said there would be an outreach meeting the future that would specifically focus on rural banks, which he said have “their own unique challenges.”In his speech, Curry recognized that regulations are, by nature, burdensome, but he said it’s the ever-increasing regulatory chances that have him concerned.“What worries me is the way that the regulatory rulebook builds up over time, adding layer after layer of requirements that can be quite onerous for small banks,” Curry said. “So we at the OCC are taking this process very seriously.”After Curry’s introduction panelists and audience members were allowed to ask questions and voice concerns about regulatory compliance. They could also submit ideas for improving or bettering the process.“We will consider carefully all of the comments received today,” Curry said, “and a summary will be published on the regulations.gov Web site and included in our report to Congress.”So far, the OCC has submitted three proposals to Congress that aim to eliminate regulatory burden. The first would change the asset threshold to allow more institutions a longer, 18-month examination cycle. The second proposes that community banks be exempt from the Volcker Rule, while the third would provide FSAs an opportunity expand their business model to better meet the needs of the community.But as to when these proposals–or any regulatory reform, for that matter—would go into effect, Curry said it could be a while.“While this process will unfold over some time, I can assure you that we at the OCC will not wait until it is over to make changes when a solid case has been made for reform,” Curry said. “If it is clear that a regulation is unduly burdensome, and if we have authority to make changes to eliminate that burden, we will act. However, many regulatory requirements are rooted in laws passed by Congress, and changes may require legislative action. In those cases, we will work with Congress to remove unnecessary burdens.”See all of Curry’s comments at OCC.gov Sharelast_img read more


first_img 0 Comments   Share   The Revolution is a professional baseball team in the Atlantic league that has no affiliation with MLB.Arians joins other famous Yorkers, such as Governor Tom Wolf, Pennsylvania’s 47th Governor, and NFL Hall-of-Famer Chris Doleman, who played for William Penn Senior High School.Arians also attended William Penn Senior, which is only about a mile from the Revolution’s stadium. Former Cardinals kicker Phil Dawson retires The 5: Takeaways from the Coyotes’ introduction of Alex Meruelo Top Stories Arizona Cardinals head coach Bruce Arians speaks to the media during a news conference after an NFL football game against the Green Bay Packers Sunday, Dec. 27, 2015, in Glendale, Ariz. The Cardinals defeated the Packers 38-8. (AP Photo/Rick Scuteri) Derrick Hall satisfied with D-backs’ buying and selling Arizona Cardinals’ head coach Bruce Arians will be immortalized in a bobblehead in York, Pa., Friday.If you’re in Central PA tomorrow York Revolution giving out @BruceArians garden gnome at gm vs Bridgeport Bluefish pic.twitter.com/NVEjL6e01i— Mark Dalton (@CardsMarkD) June 16, 2016The York native is being honored during a York Revolution baseball game in a giveaway that is paying tribute to the Revolution’s 10th anniversary season. Grace expects Greinke trade to have emotional impactlast_img read more

Go back to the enewsletter In June next year w

first_imgGo back to the e-newsletter >In June next year, world-leading mega motor-cruiser SeaDream II will be visiting half a dozen Greek ports and islands including sites for some of the earliest Olympic Games, historic Byzantine period ruins, and tiny little-known tourist gems in the renowned Cyclades IslandsHighlights include a day at Sarande that’s one of the greatest classical cities on the Albanian Riviera, with an optional visit to the nearby 2,500 year old ruins of UNESCO-listed Butrint, and traversing the 6.4km Corinth Canal begun by Emperor Nero in 67AD, but not completed until 1893.SeaDream II has 56 staterooms for a maximum of 112 guests serviced by 95 crew. The trip will sail this 9-day roundtrip voyage from the Athens’ port of Piraeus on 18 June 2016. Its priced from US$6548pp twin share, including drinks from the open bars, wines with lunch and dinner, power and sail water-sports where permitted, on-board gratuities, and government charges and taxes.Go back to the e-newsletter >last_img read more

VerHeulen bill clarifies professional development recertification for nonpublic teachers

first_img Categories: VerHeulen News 24Sep VerHeulen bill clarifies professional development, recertification for nonpublic teachers Legislation introduced in June by state Rep. Rob VerHeulen, R-Walker, was approved by the Michigan House today and intends to clearly allow nonpublic school teachers the opportunity to receive recertification credit through professional development similar to those in the public school system.“Asking certain Michigan teachers to jump through unnecessary hoops for recertification takes away from our children’s education,” VerHeulen said. “Many nonpublic schools offer professional development opportunities for teachers that are similar to public school requirements.”House Bill 5669 specifies that nonpublic schools can offer teacher professional development and, as long as current public school guidelines are maintained, those nonpublic teachers can receive credit for teaching certificates among other professional goals.“Unfortunately, there’s a grey area in the law that can make it harder for nonpublic teachers to gain recertification, which will be resolved with this legislation,” VerHeulen said.The bill explicitly clarifies the law’s ambiguity, encouraging nonpublic school teachers to utilize professional development opportunities for recertification.HB 5669 passed with 109 yes votes and now goes to the Senate for consideration.###last_img read more

Rep Theis Brighton Area Fire Authority Livingston County Sheriffs Dept and Neal

first_img Categories: Featured news,News,Theis News 18Aug Rep. Theis, Brighton Area Fire Authority, Livingston County Sheriff’s Dept., and Neal Nielsen host free car seat safety check event WHY:Nationally certified technicians will be on site to check car seats and help show residents how to properly install car seats. This event is for any age from newborn to youth booster. Residents who wish to register for the event may do so by calling the Brighton Area Fire Authority at (810) 229-6640. Those who drop- in the day of the event will be taken on a first come first serve basis. We will also be raffling off three new car seats! Residents (age 18 and older) who attend the event will be given one free entry into the raffle. Tags: #SB WHO:State Rep. Lana Theis (R-Brighton) with Brighton Area Fire Authority, Livingston County Sheriff’s Department, and Neal Neilsen WHERE:Brighton Area Fire Authoritycenter_img Station 34 WHAT:Free car seat safety check event Brighton, MI 48116 2755 Dorr Road WHEN:Friday, September 25, 2015 from 11:00 a.m. to 4:00 p.m.last_img read more

Crawford bill protects pharmacists deters opioid overdose

first_img Categories: Crawford News State Rep. Kathy Crawford of Novi introduced a bill Wednesday to allow pharmacists to use their professional judgment to refuse a prescription for a controlled substance.Many pharmacists have expressed they often believe that certain prescriptions were not written in good faith, or filled without a legitimate medical purpose, but do not refuse the prescription because they fear the liabilities that could result. Now, pharmacists will be allowed to refuse these questionable prescriptions without legal ramifications.“Giving pharmacists this freedom gives greater safety against drug abuse and drug-related death,” said Rep. Crawford. “Providing legal immunity furthers their confidence in denying questionable prescriptions.”Prescription drug abuse has become one of the fastest-growing public health concerns in the country. The Centers for Disease Control and Prevention states that prescription painkiller overdoses resulted in over 15,500 deaths in 2009 alone.House Bill 4405 was referred to the House Health Policy Committee. 23Mar Crawford bill protects pharmacists, deters opioid overdoselast_img read more