bfcavumo

bfcavumo

Why I was right to predict a GDP contraction

first_imgTuesday 25 January 2011 9:29 pm Share More From Our Partners Astounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.com TODAY’S GDP figures took almost everyone by surprise. The snowfall obviously added uncertainty to the December numbers, but this was expected to show in later revisions. Instead, underlying output was softer than thought, and the Office of National Statistics chose to make an early guess at a large negative effect of the bad weather.But we probably shouldn’t have been as surprised as we are. We knew the service sector was contracting even in October, well before the snow. And I and others had for some time been forecasting the likelihood of a quarter of contraction in GDP in either the last quarter of 2010 or first quarter of 2011, because every recession since quarterly records began has involved at least one in the recovery phase.This quarter’s contraction has little to do with the coalition’s spending cuts – yet. The key drivers of the fall were construction, and business services such as consultants or outsourcing. But the VAT rise this month could cause another quarter of contraction to start 2011.It’s very important now that the government does not backtrack on the spending cuts. What has been announced is already barely adequate and “rear-loaded”, so many of the cuts do not take effect for some years. On tax rises, matters can be a little more flexible if needed. The VAT rise is already done, but with the Budget coming up there is the option of raising the income tax threshold a bit more than expected. That shouldn’t be done just on the basis of a bad statistic because of a bit of snow, but if the first three months of 2011 continue to look weak, income tax cuts should be an option.I and others have been urging more quantitative easing for some time, and this GDP contraction strengthens our case. Inflation is well above target and will go higher: Citi has forecast CPI of five per cent, and I am still less sanguine – I think it likely to reach six per cent in 2012. That means we will have to raise rates very aggressively from the end of 2011 into 2012, potentially to above 5.25 per cent to keep CPI inflation to only a six per cent peak. But that is next year’s story.It’s quite normal to have a quarter or two of contraction at this point in a recovery from a recession. It would have been a surprise not to see it after as deep a recession as in 2008/09. But from the middle of 2011, barring calamities, I believe we will see very strong investment-driven growth. For now, we should not panic, but we should be flexible where appropriate – on QE and on taxes.Dr Andrew Lilico is a director at economic consultancy Europe Economics. whatsapp whatsappcenter_img KCS-content Why I was right to predict a GDP contraction Show Comments ▼ by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStorySerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBeautooverload.comDeclassified Vietnam War Photos The Public Wasn’t Meant To Seeautooverload.comAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCuteDefinitionDesi Arnaz Kept This Hidden Throughout The Filming of ‘I Love Lucy’Definition Tags: NULLlast_img read more

Read More

bfcavumo

How to turn your website and social into a profitable business through iGaming* & Sports Betting

first_img Subscribe to the iGaming newsletter Ways to enter this market. Where to start?Apostaonline.com: a successful trajectoryAffiliate Marketing x Traditional MediaWhat does the game operator expect from an affiliate? AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Marketing & affiliates Topics: Marketing & affiliates How to turn your website and social into a profitable business through iGaming* & Sports Betting This webinar has been translated into English subtitles. Email Address We will discuss: 24th November 2020 | By This webinar was sponsored by:last_img read more

Read More

bfcavumo

Nigerian Breweries Plc (NB.ng) HY2015 Interim Report

first_imgNigerian Breweries Plc (NB.ng) listed on the Nigerian Stock Exchange under the Beverages sector has released it’s 2015 interim results for the half year.For more information about Nigerian Breweries Plc (NB.ng) reports, abridged reports, interim earnings results and earnings presentations, visit the Nigerian Breweries Plc (NB.ng) company page on AfricanFinancials.Document: Nigerian Breweries Plc (NB.ng)  2015 interim results for the half year.Company ProfileNigerian Breweries Plc is the largest brewing company in Nigeria producing the nation’s favourite brew, STAR. The company boasts one of the most modern brew houses in the country producing a popular range of lager, stout, malt drinks, ready-to-drink beverages, cider, carbonated soft drinks and energy drinks for local consumption and for export. Lager brands include STAR, Heineken, Gulder, Goldber, “33 Export”, Life, More and Stella; the stout brand is Legend; the malt brand is Amstel Malta; the ready-to-drink brand is Ace Passion; the cider brand is Strongbow Apple Cider; the soft drink brand is fayrouz and the energy drink brand is Climax. Nigerian Breweries Plc has 11 breweries, 2 malting plants and 26 sales depots; enjoys a growing export market; and offers sales and logistic and marketing support to merchants and vendors. Brands in the product portfolio are available in 13 countries including the United Kingdom, South Africa, the United States and various countries in Middle-East and West Company. Its company head office is in Lagos, Nigeria. Nigerian Breweries Plc is listed on the Nigerian Stock Exchangelast_img read more

Read More

bfcavumo

TCCIA Investment PLC (TICL.tz) 2018 Annual Report

first_imgTCCIA Investment PLC (TICL.tz) listed on the Dar es Salaam Stock Exchange under the Investment sector has released it’s 2018 annual report.For more information about TCCIA Investment PLC (TICL.tz) reports, abridged reports, interim earnings results and earnings presentations, visit the TCCIA Investment PLC (TICL.tz) company page on AfricanFinancials.Document: TCCIA Investment PLC (TICL.tz)  2018 annual report.Company ProfileTCCIA Investment Plc is a public limited liability company established by the Tanzania Chamber of Commerce, Industry and Agriculture (TCCIA) to make the TCCIA a self-financing organisation and enable its members to participate in the ownership and control of the Tanzania economy. The Local Authorities Pensions Fund is its only institutional shareholder; the rest are individuals and small to medium businesses. TCCIA Investment has invested in 8 companies whose shares are traded on the Dar es Salaam Stock Exchange. It operates a collective investment vehicle through which TCCIA members pool their financial resources to buy shares in public business enterprises. The company became operational in 2005 and is based in Dar es Salaam, Tanzania. TCCIA Investment Plc is listed on the Dar es Salaam Stock Exchangelast_img read more

Read More

bfcavumo

Diamond Trust Bank of Kenya Limited (DTK.ke) Q32020 Presentation

first_imgDiamond Trust Bank of Kenya Limited (DTK.ke) listed on the Nairobi Securities Exchange under the Banking sector has released it’s 2020 presentation results for the third quarter.For more information about Diamond Trust Bank of Kenya Limited reports, abridged reports, interim earnings results and earnings presentations visit the Diamond Trust Bank of Kenya Limited company page on AfricanFinancials.Indicative Share Trading LiquidityThe total indicative share trading liquidity for Diamond Trust Bank of Kenya Limited (DTK.ke) in the past 12 months, as of 5th June 2021, is US$4.52M (KES489.3M). An average of US$376.34K (KES40.78M) per month.Diamond Trust Bank of Kenya Limited Presentation Results for the Third Quarter DocumentCompany ProfileDiamond Trust Bank of Kenya Limited is a financial services and insurance group providing products and services to clients in Kenya, Tanzania, Uganda and Burundi. The company offers a diverse range of products for transactional banking as well as a full service offering for mortgages, asset financing and an insurance premium finance facility. Its treasury services include spot and forward foreign exchange transactions, cross currency swaps and deals, fixed income securities, corporate bonds, fixed income securities, structured treasury products and money market products. Its trade finance services include letters of credit, documentary and clean collections, negotiation of export bills, suppliers credit financing and bank guarantees. Formerly known as Diamond Trust of Kenya, the company changed its name to Diamond Trust Bank Kenya Limited in 1997. Its head office is based in Nairobi, Kenya. Diamond Trust Bank of Kenya Limited is listed on the Nairobi Securities Exchangelast_img read more

Read More

bfcavumo

WaterAid launches Fempowered – natural period products that give back

first_img WaterAid has launched an eco-friendly sanitary subscription box that gives back to women and girls globally.Fempowered launched on Menstrual Hygiene Day and offers natural, eco-friendly plastic-free sanitary products from Kind Organic by subscription.Subscribers can choose a pack that suits their monthly flow while helping women and girls prepare for and manage their periods through the provision of toilets, clean water and menstrual hygiene education programmes.The monthly subscription cost is £10.00 but for the first three months it is available at a discount offer of £9 with a code: IAMFEMPOWERED. All profits go to WaterAid.The launch is part of the charity’s wider work to end the silence, taboos, and discrimination around periods and ensure women and girls everywhere have access to the knowledge, support, facilities and sanitary materials they need.Thérèse Mahon, Menstrual Hygiene Management Specialist at WaterAid, said:“WaterAid is excited to be uniting and empowering women across the world through period power with the launch of our new initiative – Fempowered. By signing up, you can get natural, organic and disposable period products delivered to your door. At the same time, you can be part of a movement to break the silence around periods and transform lives through improved access to clean water, decent sanitation and practical menstrual hygiene information. Together, we want to end menstrual discrimination that restricts women and girls.”Natalie Rowley from Kind Organic said: Advertisement  834 total views,  3 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis48 AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis48 “We’re proud to be working with WaterAid on its Fempowered initiative. Kind Organic sanitary products are kind to skin, the environment and farmers. Organic cotton is an ethical and eco-friendly choice, as it protects those who grow it and its surrounding environment. Organic farming uses less water during production, fewer pesticides and is simply a more sustainable practice. Kind’s products are also free from rayon, fragrance, chlorine bleach and any artificial absorbents. Organic cotton is naturally breathable and soft in texture, making it ideal for period care.“We also use recyclable and biodegradable materials wherever possible; our pads are wrapped in a biodegradable film for example and our tampon applicators are biodegradable cardboard and have recyclable paper wrappers.”Other charities have also linked menstruation with monthly giving – this year for example saw IWITOT won by British Red Cross’s Camille St Omer Donaldson, who wished she had thought of Bloody Good Period’s Festive Period campaign. The campaign asked people to fill up their virtual stocking with period products, and also built in a regular giving ask.Main image: WaterAid/ Georgie Lord  833 total views,  2 views today Tagged with: fundraising and regular giving womencenter_img About Melanie May Melanie May is a journalist and copywriter specialising in writing both for and about the charity and marketing services sectors since 2001. She can be reached via www.thepurplepim.com. WaterAid launches Fempowered – natural period products that give back Melanie May | 29 May 2019 | Newslast_img read more

Read More

bfcavumo

Traffic Enforcement Operations Plan for Pasadena

first_imgEVENTS & ENTERTAINMENT | FOOD & DRINK | THE ARTS | REAL ESTATE | HOME & GARDEN | WELLNESS | SOCIAL SCENE | GETAWAYS | PARENTS & KIDS Community News More Cool Stuff Get our daily Pasadena newspaper in your email box. Free.Get all the latest Pasadena news, more than 10 fresh stories daily, 7 days a week at 7 a.m. Business News latest #1 Traffic Enforcement Operations Plan for Pasadena Published on Monday, May 11, 2015 | 11:54 am 0 commentsShareShareTweetSharePin it Home of the Week: Unique Pasadena Home Located on Madeline Drive, Pasadena Community News Herbeauty10 Questions To Start Conversation Way Better Than ‘How U Doing?’HerbeautyHerbeautyHerbeautyAmazing Sparks Of On-Screen Chemistry From The 90-sHerbeautyHerbeautyHerbeautyThese Are 15 Great Style Tips From Asian WomenHerbeautyHerbeautyHerbeautyIt Works Great If Weight Loss Is What You’re Looking For!HerbeautyHerbeautyHerbeautyHe Swears He’s Ready For Another Relationship. Is He Really?HerbeautyHerbeautyHerbeautyWeird Types Of Massage Not Everyone Dares To TryHerbeautyHerbeauty Make a commentcenter_img Pasadena Will Allow Vaccinated People to Go Without Masks in Most Settings Starting on Tuesday faithfernandez More » ShareTweetShare on Google+Pin on PinterestSend with WhatsApp,Virtual Schools PasadenaHomes Solve Community/Gov/Pub SafetyPASADENA EVENTS & ACTIVITIES CALENDARClick here for Movie Showtimes Name (required)  Mail (required) (not be published)  Website  Pasadena’s ‘626 Day’ Aims to Celebrate City, Boost Local Economy Subscribe Top of the News First Heatwave Expected Next Week Your email address will not be published. Required fields are marked * Pasadena Police Department will step up Bike & Pedestrian Safety Enforcement Operations on Friday, May 15, 2015 with focused enforcement on collision causing factors involving motorists, pedestrians and bicyclists.Officers will be looking for violations made by drivers, bike riders and pedestrians alike that can lead to life changing injuries. Special attention will be directed toward drivers speeding, making illegal turns, failing to stop for signs and signals, failing to yield to pedestrians in cross walks or any other dangerous violation.Additionally, enforcement will be taken for observed violations when pedestrians cross the street illegally or fail to yield to drivers who have the right of way. Bike riders will be stopped and citations issued when they fail to follow the same traffic laws that apply to motorists. All riders are reminded to always wear a helmet – those under 18 years of age must wear helmets by law. Pedestrians should cross the street only in marked crosswalks or at corners.Bicycle and pedestrian fatalities are rising in California as more people use these non-motorized means of transportation. Locally, Pasadena Police Department has investigated 486 fatal and injury collisions involving pedestrians and bicyclists during the past three (3) years. In 2012, California witnessed 612 pedestrian and 124 bicyclists killed that year while nationally 4,743 pedestrians and 726 bicyclists were killed.Funding for this program is provided by a grant from the California Office of Traffic Safety through the National Highway Traffic Safety Administration.last_img read more

Read More

bfcavumo

Apprentice carpenters bring Christmas cheer to Limerick children

first_imgLinkedin Print TAGSChildren’s Ark UnitChildworld CrecheChristmas Toy ProjectDave Traceyhandmade wooden toysJohn Sisk & SonlimerickOur Lady of LourdesSt Gabriel’s Schooltraining unituniversity hospital limerick Previous articleAward winning poet is University of Limerick writer in residenceNext article#BREAKING Man hospitalised after river incident Editor Advertisement Email WhatsApp Facebook Twitter One of the apprentice carpenters putting the finishing touches to a toy kitchenThere will be special Christmas deliveries to four locations in Limerick this week as a team of apprentice carpenters bring handcrafted wooden toys to sick and special needs children in the city.The beautiful wooden toys, which were handmade at the John Sisk & Son workshop on the Nass Road in Dublin over the past month, are being delivered to the .The John Sisk & Son Christmas Toy Project was started by John G Sisk at the old Sisk Joinery more than 40 years ago. Today, Sisk has a state of the art training facility for apprentice carpenters and joiners located at its training centre in Dublin.Sign up for the weekly Limerick Post newsletter Sign Up Manager Dave Tracey said the toys are hand made by apprentice carpenters and joiners, utilising the skills taught to them at the training centre.“The toys are donated to deserving causes all around Ireland, the UK and further afield. This our way of giving something back to the communities that have supported us throughout the year,” he added.Sisk apprentices carpenters with some of the wooden toys they crafted over the past month.Work on the toys starts in mid-November and takes four to five weeks to complete, with all staff and management in the training centre getting involved. The team decides on the toys they are going to make, sourcing ideas from toy books, websites and feedback from the charities who have received toys in the past.A materials list is drawn up and sent to different suppliers and includes sheet material, MDF, plywood, solid woods like southern yellow pine and tulip wood, wood finishing lacquers, steels, rods, chalk and dusters, graphics, screws and fixings. Suppliers provide special rates for all materials given the charitable nature of the work.When the work is complete, the apprentices involved, some dressed as Santa, will load the toys into vans and deliver them to the various charities around the country.More local news here NewsLocal NewsApprentice carpenters bring Christmas cheer to Limerick childrenBy Editor – December 18, 2017 3382 last_img read more

Read More

bfcavumo

Italy’s Draghi urges unity, sacrifice in fighting the virus

first_img Italy’s Draghi urges unity, sacrifice in fighting the virus Pinterest WhatsApp Facebook By Digital AIM Web Support – February 17, 2021 Previous articleUnited Kingdom Healthcare Markets and Care Markets Service with Digital Archive – ResearchAndMarkets.comNext articleAsia Pacific Meningococcal Vaccine Market Report 2021: Bexsero, Trumenba, Nimenrix, Menactra, Menveo – ResearchAndMarkets.com Digital AIM Web Support Pinterest WhatsAppcenter_img TAGS  Facebook Twitter Italy’s Prime Minister Mario Draghi addresses the Senatein Rome Wednesday, Feb. 17, 2021, before submitting his government to a vote of confidence. Twitter Local NewsBusinessUS NewsWorld Newslast_img read more

Read More

bfcavumo

Pike County 4-H’ers enjoy the fun of summer camp

first_img Print Article Scary stories, a water “bomb” and amazing camp food were highlights of summer camp for the 34 Pike County youth who attended the getaway at the 4-H Center in Columbiana  last week.“Our 4-H’ers attended camp with groups from Crenshaw and Dale counties,” said Grant Lyons, Pike County Extension coordinator. “And, I can say for sure that all 144 for them had a great time.”Lyons said the campers stayed in either cabins or dorms and got to experience all that the 4-H Center camp has to offer. Pike County 4-H’ers enjoy the fun of summer camp Latest Stories Email the author By Jaine Treadwell Pike County Sheriff’s Office offering community child ID kits Published 10:45 pm Thursday, June 28, 2012 The giant swing tested the courage of many of the campers.“The giant swing is just that – a giant swing,” Lyons said. “It’s about 30 feet high and you are in a harness and drop about 25 feet and swing until you stop. It’s safe. It’s exciting and a lot of fun.”For some of the campers, the giant swing was an opportunity to “do or dare.”“I faced my fears on the giant swing,” said Sarah Calhoun, a fifth grader at Pike Liberal Arts School. “I was scared but I did it anyway and it was a lot of fun. I liked everything at camp. I especially liked staying with my friends in the dorm and I want to go back again.”The camp counselors provided inspirational moments and a campfire with various activities.aLyons said the campers seemed to like everything the 4-H Summer Camp had to offer – even the food.“The food was amazing,” said Haven Dates, an eighth grader at Goshen High School. “My favorite was breakfast.”A summer camp that gets thumbs-up for its food has got to be good.“We had an excellent group of youth attend 4-H Summer Camp,” Lyons said.  “They were a pleasure to be around and participated in all activities. More importantly, they had the chance to experience the Alabama 4-H Center and its facilities, which are excellent.“There is much to learn at the 4-H Center.  I would encourage any youth interested in 4-H Summer Camp to give our office a call to find out more information.”Contact the Pike County Extension office at 566-0985 or on its Facebook page by searching Pike County Extension Office. Cole Coppage, a Troy Elementary School sixth grader, said everything that he did at camp was exciting.“It was all fun,” Coppage said. “The scary stories they told at night were great. And, I liked archery and the waterfront, too. I especially liked the blob on the water trampoline. It was the ‘bomb.’”Lyons said the waterfront, with its inflatables, was a favorite place for many of the campers.“The waterfront features a trampoline out in the middle of the lake and they all had a ball jumping on it,” he said. “The blob kind of catapults you into the air and then into the water. It was a bomb.” Sponsored Contentcenter_img The Penny Hoarder Issues “Urgent” Alert: 6 Companies… Troy falls to No. 13 Clemson Plans underway for historic Pike County celebration By The Penny Hoarder Book Nook to reopen You Might Like Photo feature: Summer days Participants play ‘Simon Says’ during the Troy Parks and Recreation Summer Day Camp in Troy, Ala., Wednesday, June 27, 2012…. read more Remember America’s heroes on Memorial Day Next Up“The camp is absolutely beautiful. I don’t know of a prettier camp setting anywhere,” Lyons said. “And, the camp offers a variety of activities and something for everyone.”In additiona to the traditional camp activities – swimming, volleyball, archery, basketball, canoeing and fishing – the 4-H Summer Camp features herpetology, a climbing wall, a giant swing and unique lake activities.“Many of these youth overcame their fears, whether by passing the swim test, trying the climbing wall, or just touching a snake,” Lyons said. Around the WebMd: Do This Immediately if You Have Diabetes (Watch)Blood Sugar BlasterIf You Have Ringing Ears Do This Immediately (Ends Tinnitus)Healthier LivingHave an Enlarged Prostate? Urologist Reveals: Do This Immediately (Watch)Healthier LivingWomen Only: Stretch This Muscle to Stop Bladder Leakage (Watch)Healthier LivingRemoving Moles & Skin Tags Has Never Been This EasyEssential HealthGet Fortnite SkinsTCGThe content you see here is paid for by the advertiser or content provider whose link you click on, and is recommended to you by Revcontent. As the leading platform for native advertising and content recommendation, Revcontent uses interest based targeting to select content that we think will be of particular interest to you. We encourage you to view your opt out options in Revcontent’s Privacy PolicyWant your content to appear on sites like this?Increase Your Engagement Now!Want to report this publisher’s content as misinformation?Submit a ReportGot it, thanks!Remove Content Link?Please choose a reason below:Fake NewsMisleadingNot InterestedOffensiveRepetitiveSubmitCancellast_img read more

Read More