TOUCH FOOTBALL AUSTRALIA ANNOUNCE PARTNERSHIP WITH KOS SPORTS X-BLADES

first_imgKos Sports X-Blades have provided marketing material to TFA and this will be distributed to all affiliates in the near future to enable all members to access the full range of Kos Sports X-Blades products available. Touch Football Australia (TFA) announced a three-year partnership with Kos Sports X-Blades at the National Youth Camp over the weekend that will create exciting mutual opportunities and benefits for both the sport of Touch Football and the highly respected Sporting Goods giant.TFA National Men’s Open Coach Tony Trad, and Kos Sports X-Blades sponsored player, World Cup champion Garry Sonda, were on hand to help usher in the new arrangement.  TFA will benefit at affiliate, State, and National level, with incentives for National Players, individual States, Staff, and Referees that will involve various provision of products over the terms of the three-year corroboration.TFA will also broker the opportunity for affiliates to sell Kos Sports X-Blades products as a viable revenue stream.X-Blades originated in 1989 and Kos Sports in 1992. The company was originally established as a football boot manufacturer but has since branched into sportswear and hard goods in the mainstream sports market.Kos Sports X-Blades is the current license holder for the West Tigers Apparel and Boots (NRL), Netball Queensland, NSW, WA, and Tasmania Shoe supplier, Official Footwear supplier to the NSWRL, and Touch New Zealand.Kos Sports X-Blades also has an impressive log of super star players from across the various football codes on its books.Stephen Larkham (ACT Brumbies, ARU) Brett Hodgson (West-Tigers, NRL) and Adam Campbell (Freemantle, AFL) are a few of the high profile players to wear the Kos Sports X-Blades brand proudly.Prominent Australian Men’s Open Touch Football World Cup heroes Garry Sonda, Ben Robinson, Chris and Ash Farrow, Phil Gyemore, Matt Curran, Peter Stoddart, Joel Willoughby, and Scott Mitchell are amongst X-Blades stable of sponsored stars.X-Blades also boast four of Australia’s World Champion Women’s Open Touch Football Team on their books, including National Captain Sharyn Williams, Shelley Matcham, Teena Mc Ilveen, and Kylie Hilder.The exciting new arrangement between Touch Football Australia and Kos Sports X-Blades also involves the launch of a new Touch Football line called the “Genius” range. The “Genius” range, available in October, provides lightweight mid-sole boots that fit well with comfort, support, flexibility, and durability for the Touch Football enthusiast of all levels of ability and experience.From park Touch Football to the Elite level, Kos Sports X-Blades has the shoe to suit all standards and competitive interests.In the terms of the partnership, Kos Sports X-Blades have acquired naming rights to the National Touch League Open and Seniors Tournament, as well as the National 18 Years Tournament, two of Touch Football Australia’s showcase events on the National calendar.Bill Spyros, from Kos Sports X-Blades is delighted with the arrangement with Touch Football Australia.“This long term partnership further compliments a remarkable heritage with Touch Football in Australia, from an Australian company that specifically designs and develops high technology shoes for the sport. We see this long term partnership as a perfect fit to support not only the consistent growth of Touch Football, but also allow X-Blades to become introduced to a whole new generation of players.” Mr. Spyros said.last_img read more

10 months agoPremier League trio eyeing Ipswich whiz Andre Dozzell

first_imgTagsTransfersAbout the authorPaul VegasShare the loveHave your say Premier League trio eyeing Ipswich whiz Andre Dozzellby Paul Vegas10 months agoSend to a friendShare the loveIpswich ace Andre Dozzell is back on the radar of Premier League clubs.The Mirror says Bournemouth, Brighton and Crystal Palace are all tracking fit-again Dozzell.The 19-year-old midfielder – valued at £5 million by the Tractor Boys – is back in action after suffering a cruciate ligament injury on the opening day of last season that ruled him out for more than a year.Dozzell was a member of the England side that won the Under-17 and Under- 19 European titles in 2016 and 2017 respectively.Ipswich, rock-bottom of the Championship and 10 points from safety, may be tempted to cash in to help fund new signings in their desperate bid to beat the drop. last_img read more

BW LPG Ups Offer for Remaining Shares in Aurora LPG

first_imgzoom Singapore’s gas carrier owner BW LPG has decided to increase its offer for all the remaining shares in Oslo-listed Aurora LPG.Following discussions with the Board of Directors of Aurora LPG, the company has increased the consideration in the offer to either 0.3175 shares in BW LPG and NOK 7.40 in cash; or NOK 13.55 in cash, from the previously planned offer of NOK 12.30, for each Aurora LPG share.BW LPG is in the process of preparing an offer document for the offer, which will be launched following regulatory approval of the offer document, expected to take place at the beginning of November 2016.The company has received additional irrevocable undertakings from shareholders in Aurora LPG, including from Sundt AS, representing 1.302.937 shares (or 4.39%), to accept the offer for their shares in Aurora LPG.Together with the shareholders which have undertaken to accept the offer, BW LPG holds 15.006.217 shares in Aurora LPG (52.39%), excluding treasury shares held by Aurora LPG.“After having explored multiple options to enhance shareholder values both before and following the initial offer from BW LPG to acquire Aurora LPG, the Board is of the opinion that this enhanced offer represents the best solution for our shareholders, taking into consideration both financial outcome and transaction risk. Based on this, Sundt AS has also committed to accept the upcoming offer to acquire all shares of Aurora LPG,” said Leiv Askvig, Chairman of Aurora LPG and CEO of Sundt AS.last_img read more

Business of Tech IT transformation and cloudbased SOCAN tracking

first_imgThe Business of Tech is a weekly, ‘byte’-sized look into some of the top business stories in the world of technology, hosted by 660’s Jonathan Muma.S1E14: This week, Jonathan speaks with Senior VP of Global Solutions Marketing at Dell EMC Guarav Chand about the pitfalls and benefits of IT transformation. He also speaks with SOCAN’s Kit Wheeler about a new cloud-based tracking tool which has made its way into clubs and events.Audio Playerhttps://www.660news.com/wp-content/blogs.dir/sites/8/2017/11/22/business-of-tech-nov-17-s1e14.mp300:0000:0000:00Use Up/Down Arrow keys to increase or decrease volume.last_img read more

Approval of legislation eases US government shutdown crisis

first_imgWASHINGTON- US House Representatives approves $1.1 trillion spending billThe Republican led House of Representatives have approved a $1.1 trillion spending bill. The massive spending measure eases many, but not all, of the automatic spending cuts that took effect last year.The legislation was approved with 359 votes against 67 in House which the Republican-controlled mostly. The document, 1,582 pages in length, covers everything from airports to agriculture and is expected by the Federal government to be funded until September 30. The Democratic led Senate is also expected to pass it this week. Lawmakers from both parties had little taste for an election-year standoff that might have triggered another unpopular government shutdown.last_img read more

5 NBA Little Men Who Would Have Been as

Michael Jordan is universally considered the greatest basketball player of all time, and rightfully so. His game was a combination of skill, heart, effort and guts, and he elevated the Chicago Bulls to six championships. Here are five smaller men who might have equaled Jordan if they were physically his equal.

Ohio State baseball looking for revenge Big Ten title in 2016 season

OSU then-sophomore outfielder Ronnie Dawson signs autographs before a game on April 12 at Bill Davis Stadium. Credit: Lantern File PhotoThe Ohio State baseball team hasn’t won its conference or made the NCAA tournament since 2009. That six-year postseason drought, however, could be put to an end this season, as the Buckeyes are returning 20 letter winners, including 10 seniors and six starters, in a lineup that projects to be among the best hitting teams in the Big Ten.OSU’s quest for the postseason is set to commence this season with four games at the Dodgertown Classic in Vero Beach, Florida.Sixth-year coach Greg Beals said he is excited about his team’s potential, making it clear that he expects the Scarlet and Gray to compete for the conference championship. “I think you approach every season with a championship mindset, and if you ask any guy in that locker room and anyone on that coaching staff, that’s our mission: to play for a Big Ten championship,” he said. “The expectation is to play up to our ability and be as consistent as we can on a daily basis. I believe with the talent on this club, the experience on this ballclub, if we’re able to play at a high level consistently, then the winning and losing will take care of itself.”Counting on the outfieldBeals said the Buckeyes have the experience needed to bring the Big Ten championship back to Columbus. A key reason, the coach said, will be the strength of OSU’s outfield.The unit will be anchored by a pair of juniors: center fielder Troy Montgomery and left fielder Ronnie Dawson.“They are experienced, high-quality players with big, big futures ahead of them,” Beals said. “I’m looking for them to have big seasons.” Montgomery will be the Buckeyes’ leadoff hitter after batting .317, with a team-high 54 runs scored in 55 games last season. Beals said Montgomery has blistering speed, as evidenced by his 35 stolen bases last season which led the Big Ten and tied a program record.Dawson, a career .307 hitter, should provide the power for the Buckeyes. He will bat third in the lineup after clubbing seven home runs and 15 doubles last season. Beals said Dawson had an outstanding offseason, which included earning all-star honors in the Cape Cod Baseball League over the summer.The Grove City, Ohio, native said he believes the team is fully prepared to start the season on a good note to build momentum early on.“We’re one unit this year, and last year we had a bitter taste in our mouths,” Dawson said. “As a team I think we’re ready. We’re excited to get out there to show people what we’re capable of. It’s going to be a big year for the Bucks.”Leadership across the boardBeals said the team’s captains, senior second baseman Nick Sergakis and junior catcher Jalen Washington, will provide the team with the leadership needed to propel the Buckeyes through the 57-game slate. Washington said the team is hungry, while Sergakis said the team will be looking for revenge on some of the teams that took it to OSU at the end of last season.“We have a high expectation, of course,” Sergakis said. “As far as last year goes, it didn’t end up the way we wanted and we want to try and correct it. We’re looking for payback this year.”Sergakis leads an experienced infield defense that in total has started 388 games for the Scarlet and Gray. Washington is in his first year as the everyday catcher and his development, along with the pitching staff’s, is going to be an important factor for OSU’s overall success.Starting out strongHeading into this season, the pitching staff will be looking to fill the void from some key departures, as it lost Travis Lakins, Ryan Riga and Trace Dempsey to graduation or the MLB draft. But fortunately for OSU, the team is returning two key pieces to the rotation in junior left-handed pitcher Tanner Tully and redshirt sophomore righty Adam Niemeyer. Tully said he is fired up and ready to take the mound as OSU’s opening-day starter.“We all worked hard this summer going our separate ways, and we’re coming back as a unit,” Tully said. “We pushed each other harder than we have before, (we) definitely (had) a good fall, and we’re ready to go.”Last season, Tully went 4-4, compiling a 4.32 ERA while striking out 44 batters. His counterpart, Niemeyer, a right-handed pitcher from Minster, Ohio, compiled a 2.16 ERA in 12 appearances last season, with a 2-0 record over four starts for the Buckeyes. Beals said Niemeyer will be the typical Saturday night pitcher and will be looked at as a guy who OSU can count on for big innings this season.“Adam’s a great competitor,” Beals said. “He’s another guy that’s got good feel for pitching the baseball, he throws a lot of strikes. I’m excited for Adam to be a regular in the rotation, he’s certainly ready for that. I’m confident he’s going to have a really good season for us.”The third and fourth spots in the rotation are set be rounded out by senior John Havird and freshman Ryan Feltner. “Havird has been throwing the ball really well,” Beals said. “He’s not a flamethrower, he’s a lefty and he’s a command guy. He’s got great movement on his fastball, plus changeup and breaking ball. And Ryan Feltner is a very highly skilled, highly touted freshman who was in the draft out of high school. I’m looking forward to seeing his first collegiate start this weekend.”Dodgertown ClassicOSU is scheduled to open versus Toledo on Friday, before playing a doubleheader against Niagara and Pittsburgh on Saturday. The Buckeyes are slated to close the season-opening series again with Toledo on Sunday. Beals said the full weekend of baseball will give him a good look into the true makeup of his team.“Obviously, we want to get started fast, but with the high expectations that this ballclub has, we’ve got to be careful that we’re not pushing too hard too soon and that we trust ourselves and just go out and play the game,” he said. read more

OSU wrestling team strives for another strong finish to season

After starting the season 11-1, the No. 3 ranked Ohio State wrestling team is looking to avoid a midseason slump and finish the season strong.  The Buckeyes were in a similar position the past two years and ended each season by finishing second in the nation. Coach Tom Ryan believes this team is capable of a similar finish.“Finishing second the past two years has resulted in a very positive environment,” said Ryan, the reigning National Coach of the Year. “There is a strong sense of pride among the team members.”The addition of talented freshmen along with the return of some key upperclassmen has the team’s outlook looking bright, senior captain Reece Humphrey said.“We’ve improved at every single weight class [since last year],” said Humphrey, who is the No. 1 ranked wrestler at 141 pounds. “Younger guys have filled into their potential, that’s what it’ll take to win nationals.”Despite its young guns, the team’s heart and soul is its senior class, more specifically Humphrey, the national runner-up at 133 pounds last season. The two other senior captains, Mike Pucillo and Lance Palmer, are both three-time All-Americans.“Reece Humphrey has been wrestling well up at 141 [pounds] … Lance Palmer has been wrestling very well also,” Ryan said. “There are not too many surprises in the sport; the people that work hard consistently do well. It boils down to the right habits, those with great habits do well.”Ryan has gotten in the habit of watching his seniors have remarkable success, which he claims comes as no accident.“Our senior class is leading us,” Ryan said. “This is a team with five seniors who have worked very hard to bring the program to the level it is currently at.”Ryan believes the other team members feed off the triumphs of his accomplished seniors.“Success breeds success,” Ryan said. “Wrestling is a sport that requires a tremendous amount of energy and a strong mentality. It is very helpful when athletes at a very high level are training alongside each other; it gives them a great frame of reference to where they stand in the sport.”Humphrey believes the Buckeyes may finally have what it takes to bring home a national title after coming up short two years in a row.“We have the individuals to win the title,” Humphrey said. “If a couple of the younger guys turn it up at nationals, we’ll have a good shot.Ryan thinks the team’s achievements over the past few seasons have landed them a vast amount of faith in themselves.“This is a team that believes they can win an NCAA team title,” Ryan said. “The previous two runner-up finishes have strengthened this team’s confidence.” read more

Baseball Ohio State hopes to rebound in home opener

Ohio State then-junior infielder Kobie Foppe (2) connects with a pitch in the third inning of the game against Ohio University in April 10. Ohio State won 4-0. Credit: Jack Westerheide | Photo EditorThe Ohio State baseball team will aim to end its five-game skid at home this weekend. The Buckeyes (7-9) will host Lipscomb (9-6) in a three-game series beginning their nine-game homestand on Friday. The Bisons come into the series on a hot streak. They have won five straight games, outscoring opponents 41-14 over that span. Ohio State, on the other hand, has not recorded a win in more than a week of play. The Buckeyes have been outscored 42-25 over their past five games. Lipscomb has a team batting average of .297, which ranks the Bisons inside the top 50 in the nation. The offense has been fueled by a trio of players. Redshirt sophomore designated hitter and catcher Chris Bashlor has a .434 batting average and 16 RBIs. Sophomore center fielder Maddux Houghton and senior third baseman Zeke Dodson are both batting above .360. Lipscomb’s offense is averaging 7.07 runs a game also adding 25 stolen bases on 29 attempts. Redshirt senior left fielder Tevin Symonette leads the team with 7 steals. Symonette is also batting .269 on the year. The Lipscomb pitching staff is made up of two solid starters, who are a combined 4-0.Senior starting pitcher Chris Kachmar has a 2.74 ERA and three wins in his four starts. Freshman starting pitcher Scott Elgin boasts a 3.65 ERA in four appearances for the Bisons. The Bisons hold a 4.67 ERA, while walking an average of six batters a game. Extra base runners will provide Ohio State’s offense an opportunity to put up larger numbers and improve upon its average of 5.31 runs a game. Senior left fielder Brady Cherry has provided a bright spot for the inconsistent Buckeyes. Cherry is hitting .344 to go along with a team-high 13 RBIs and four home runs. The pitching staff will also look to regain its rhythm, after allowing five or more runs in each of their past six contests. Ohio State will begin its series against Lipscomb at 5:05 p.m. Friday at Bill Davis Stadium. This will be followed up with a 3:05 p.m. Saturday game and a 1:05 p.m. Sunday finale. read more

FIFPro and UEFA condemn racist abuse towards Koulibaly

first_imgThe Napoli footballer was racially abused on Wednesday during the match between his club and Internazionale MilanNapoli’s footballer Kalidou Koulibaly was racially abused during the match between his side and FC Internazionale Milan.Inter Milan has been sanctioned with two games to be played behind closed doors, and a partial closure for the Nerazzurri’s third match.And FIFPro and UEFA have jointly condemned the racist abuse.Cristiano Ronaldo, JuventusSerie A Betting: Match-day 3 Stuart Heath – September 14, 2019 Considering there is a number of perfect starts so early in the Serie A season, as well as a few surprisingly not-so perfect ones….“Both organizations applaud the prompt actions taken by Italy’s football authorities, who sanctioned FC Internazionale with the next two matches to be played behind closed doors and, additionally, with a partial closure for FC Internazionale’s third home match,” read a statement published on FIFPro’s official website.“However, FIFPro and UEFA are very concerned by this unacceptable racist incident and by what appears on the surface to be a failure to respect the widely-recognized three-step anti-racism protocol.”“Koulibaly, a French-Senegalese defender, was subject to racist chanting and, despite announcements made by the stadium speaker, the chants did not stop,” the release continued.“Moreover, it seems that Napoli’s coaching staff had already informed the referee several times of racist chants.”last_img read more

Northbound Lane Of The Seward Highway Closed Due To Small Landslide

first_imgTraffic is currently backed up for a few miles due to the slide. Additional updates will be posted as they are made available. Facebook0TwitterEmailPrintFriendly分享Anchorage police and the Department of Transportation are responding to a landslide on the Seward Highway near Indian at Mile 105. According to APD dispatchers, the Mile 105 slide was first reported just after 7 p.m. and was blocking the highway’s northbound lane. Officers are at the scene and awaiting other personal.center_img According to reports traffic is being alternated in the southbound lane.last_img read more

One Take Deva Mahal On Robyn Willie Nelson Listening In Bed

first_img Watch One Take With Nick Cannon Watch G-Eazy Take On One Take One Take With The Mrs One Take With Pop Trio Ocean Park Standoff Prev Next Email Watch: One Take With Dorothy One Take With Superstar DJ Tiësto Watch One Take With Logic Watch One Take With Little Big Town Watch One Take With Little Big Town One Take With Singer/Songwriter Kacey Musgraves Watch G-Eazy Take On One Take One Take With Indie Pop-Duo Freedom Fry One Take With Producer Greg Wells One Take With Indie Pop-Duo Freedom Fry One Take With Reggae Artist Ziggy Marley Watch: One Take With Deva Mahal One Take With Demo Taped Watch: One Take With Dorothy Watch: One Take With Gramps Morgan One Take With Le Butcherettes Watch: One Take With Lights One Take With The Mrs One Take One Take With Singer/Songwriter Kacey Musgraves One Take With Amber Rubarth Watch: One Take With Brandy Clark One Take With Australian Singer/Rapper Mallrat Watch One Take With Nick Cannon One Take With Demo Taped One Take With Pop Trio Ocean Park Standoff The daughter of Taj Mahal also reveals her preference for Instagram and dogs — but is it enough to send her to the top of the One Take leaderboard?Philip MerrillGRAMMYs May 23, 2018 – 4:37 pm At SXSW 2018, Deva Mahal caught our attention with her soulful voice and lyrics. Her debut album, Run Deep, was released days later on March 23. But all of that was before she landed the top spot on the One Take leaderboard with 16 answers completed. Now we know so much more about her. Watch: One Take With Khalid Watch One Take With Afrojack Watch: One Take With Brandy Clark Watch One Take With Marian Hill One Take With Grupo Fantasma Watch One Take With Logic Watch One Take With Marian Hill Watch: One Take With Pronoun One Take With Amber Rubarth One Take With Indie Pop-Duo Freedom Fry Watch One Take With Anthony Hamilton Watch: One Take With MØ Watch One Take With Afrojack One Take With Grupo Fantasma Among the answers Mahal revealed during our fun 60-second question-and-answer game, we learned her favorite city to visit on tour. Mahal replied, “Paris.” Guess where New Morning is, the place she is playing July 20? Earlier this month she was also Apple Music France New Artist Of The Week, so we know there’s a mutual love in France.Among the other tidbits we learned from her One Take answers was that Mahal enjoys listening to music in bed and that the last song she listened to was “Dancing On My Own” by Robyn, which happens to be Mahal’s same answer to, “Song you wish you’d written.”Taken from Robyn’s 2010 album Body Talk, that song was nominated for Best Dance Recording at the 53rd GRAMMY Awards, which seems a great point of inspiration as Mahal builds her own soulful music career.With early childhood experience gigging and writing in the music world at first opened up for her by her father Taj Mahal, Deva Mahal’s singular personality rings clearly and independently in her music. We look forward to the many directions she’ll be inspired to travel as inspirations continue to move her … and we hope she enjoys Paris. Watch One Take With Deva Mahal one-take-deva-mahal-robyn-willie-nelson-listening-bed Watch One Take With Little Big Town Watch One Take With Halestorm Watch One Take With Superfruitcenter_img Watch: One Take With Gramps Morgan One Take With The Mrs Watch One Take With Marian Hill Watch: One Take With Pronoun One Take With Australian Singer/Rapper Mallrat One Take With Le Butcherettes Watch: One Take With Dorothy NETWORK ERRORCannot Contact ServerRELOAD YOUR SCREEN OR TRY SELECTING A DIFFERENT VIDEO May 23, 2018 – 4:24 pm Watch: One Take With Deva Mahal Watch: One Take With Lights One Take With Superstar DJ Tiësto Watch One Take With Superfruit One Take With Reggae Artist Ziggy Marley Watch One Take With Superfruit One Take With Producer Greg Wells One Take With Demo Taped Watch One Take With Logic Watch One Take With Halestorm One Take With Producer Greg Wells One Take With Amber Rubarth Watch: One Take With MØ Watch: One Take With MØ Facebook One Take: Deva Mahal On Robyn, Willie Nelson & Listening In Bed One Take With Le Butcherettes Watch One Take With Halestorm Watch One Take With Julia Michaels One Take With Pop Trio Ocean Park Standoff Watch: One Take With Brandy Clark Watch One Take With Anthony Hamilton Watch: One Take With Pronoun Watch One Take With Julia Michaels One Take With Superstar DJ Tiësto One Take With Grupo Fantasma One Take With Reggae Artist Ziggy Marley News Watch One Take With Nick Cannon Watch: One Take With Gramps Morgan Watch: One Take With Khalid Watch: One Take With Deva Mahal Watch: One Take With Deva Mahal Watch G-Eazy Take On One Take Twitter One Take With Australian Singer/Rapper Mallrat Watch One Take With Anthony Hamilton Watch: One Take With Khalid Watch One Take With Afrojack Watch One Take With Julia Michaels One Take With Singer/Songwriter Kacey Musgraves Watch: One Take With Lights Catching Up On Music News Powered By The Recording Academy Just Got Easier. Have A Google Home Device? “Talk To GRAMMYs”Read morelast_img read more

No benchmark for quality education

first_imgBangladesh’s education lacks any yardstick to measure its standard. Prothom Alo File PhotoBangladesh’s education – from rudimentary to university levels – lacks any yardstick to measure its standard, confirms a UNESCO report.The state of quality, stakeholders say, is reflected in students’ poor employability and lag in global testing and below-par ranking of Bangladeshi educational institutions.The country’s current system of primary school completion examination is “not competence-based”, concludes UNESCO’s “Global Education Monitoring Report 2017/18”.“Weaknesses in the examination’s administration mean that it cannot serve to benchmark the achievement of standards,” according to the report.It reveals officially invisible corruption committed by officers assigned to monitor grassroots education, which is also impaired by politically handpicked managing committees.Experts have no disagreement on another observation of the UNESCO report that ‘private tutoring’ and ‘high-stakes tests’ are undermining learning and depriving the poor of the fruits of education.Terming Bangladesh’s higher education structure complex, the Paris-based educational, scientific and cultural arm of the UN has observed that there has been “no recognised quality assurance body”.“We’ve been trapped in universal substandard education while pursuing expansion of literacy,” explains Hossain Zillur Rahman, a former education adviser to the caretaker government.In the current context, he thinks, the key to quality is the issue of governance which is “rather driving the poor quality education”.“A national debate on quality of education is missing.”Asked how quality can be understood, Zillur Rahman, a researcher by profession, cites the examples of capturing high-paid jobs in Dhaka by foreigners, Bangladeshi students’ struggle in overseas tests and poor ranking of Bangladeshi institutions in global lists.The report has highlighted the mismatch in education delivered at the lower echelon as primary completion rate is 80 per cent while upper secondary completion rate is 19 per cent.Private tutoring is increasing worldwide, but, the UNESCO shows Bangladesh among a few countries where at least half of surveyed high school students used private tutoring.“Lack of capacity to monitor centres in Bangladesh, for example, has undermined government attempts to cap tutoring fees,” the UNESCO comments.“If the teachers deliver properly in the classroom, private tutoring is not required for learning. It’s been a bad culture of making money,” regrets professor Abdul Mannan, chairman of University Grants Commission. He emphasises stringent government action to stop it.The UNESCO report cautions that private tutoring can increase students’ academic burden and stress.It sheds light on high-stakes test, saying, “Schools may initiate practices that maximise test score improvement rapidly but undermine overall quality and learning.”“We’ve seen grade inflation in recent times as a consequence of such unhealthy competition. Again, the students who are the products of such cheap grading could not show their competence in commensurate with their score,” Hossain Zillur Rahman elucidates.Professor Mannan adds, “Unfortunately in our system, if a student fails to appear in an exam or performs not well in an enrolment test, s/he loses a year or sometimes everything.” He, however, feels that certain flexibility in the form of retake or make-up exam may remedy the situation.The UNESCO report, which has focussed on accountability in education worldwide, has identified Bangladesh’s policy vagueness in establishing teachers’ accountability. “…many policies refer to the increasing role of parents and communities in teacher accountability, but few provide details on what this means in practice.”The report has mentioned that politically driven selection led to uneducated or uninterested people being appointed to committees responsible for running institutions.It takes more than five years to get preliminary audit observations relating to primary education and 10 years for secondary education whereas government agencies are supposed to respond within 45 days, the report points out.It refers as well to an expenditure survey which finds that about 40 per cent of district and upazila (sub-district) primary education officers admitted to making ‘speed payments’ to accounts officers to be repaid for certain types of expenditure. “These illicit payments were not visible in expenditure records or identifiable in institution audits.”The UNESCO report reads, Bangladesh, with an expanding tertiary education system, struggles to establish a quality assurance mechanism.“There has been no recognised quality assurance body due to delay in passing a bill establishing an accreditation council.”However, professor Mannan informs Prothom Alo that an accreditation council would be formed soon as parliament has already passed the relevant law. “Such council, we hope, will at least be able to measure quality.”last_img read more

Cardinals Win Silver and Set American Record at World Championships

first_imgStory Links The University of Louisville Cardinals made a splash that included a podium appearance and an American record on the opening day of the FINA World Championships in Gwangzu, Korea.  In the women’s 400M Freestyle Relay, Team USA with Mallory Comerford and Kelsi Worrell Dahlia,  won a silver medal with a time of in 3:31.02. Comerford put up 52.98 lead-off split, touching just behind Australia. Team USA teammate Abbey Weitzeil put up a 52.66 on the second leg to take the lead, passing Sweden’s Michelle Coleman (53.88) and Australia’s Brianna Throssell (53.34). Kelsi Dahlia split 53.46 for the Americans, handing off to Simone Manuel who produced a 51.92 to pull ahead of Canadian anchor Maggie MacNeil (53.18) for silver. In the 50m Fly, UofL redshirt freshman Haridi Sameh took the lead in heat 7 in a time of 23.54 to rank 15th to qualified for semi-finals, then finished 16th in the semi-finals with a time of 23.68.center_img In the 100M-fly, Kelsi Dahlia won her first heat to qualify for semi-finals,  In the semi-finals, Sweden’s Sarah Sjostrom put up an initial split of  26.12, finishing in 56.29. Canadian Maggie MacNeil finished with a 56.52, while Kelsi Dahlia touched third to finish in  57.06, good for 7th overall. In the 400 M free, Louisville’s distance specialist Marcelo Acosta of El Salvador finished 7th in his heat  in a time of 3:55.06 to touched 7th in heat 3 for a final ranking of 31st. Print Friendly Versionlast_img read more

Newfoundland town wakes up to find giant iceberg off its shores

first_img Share Wednesday, April 19, 2017 Posted by << Previous PostNext Post >> Newfoundland town wakes up to find giant iceberg off its shorescenter_img Travelweek Group Tags: Newfoundland FERRYLAND, NL — The sleepy town of Ferryland, Newfoundland, population 465, isn’t accustomed to bumper-to-bumper traffic. But these days, congested roads are a common occurrence, all because of one massive iceberg.Located one hour south of St. John’s, Ferryland became the latest social media sensation over the Easter weekend when a huge iceberg floated towards its shores. Though drifting icebergs are nothing new to residents – the town has a prime view of ‘Iceberg Alley’, where icebergs regularly break off in the Arctic and float past the coast of Newfoundland and Labrador – this giant snow-peaked cap doesn’t appear to be moving along like the 600 bergs that have already happily floated into the North Atlantic this year.Instead, the iceberg, which mayor Adrian Kavanagh says is the biggest one he’s ever seen in the area, appears to be grounded. The result is a striking visual that has caused a frenzy on social media.With news spreading quickly, droves of tourists and curious onlookers have descended upon Ferryland to catch a glimpse of the berg and snap pics. In one Instagram photo, a helicopter appears to be parked on one end of the iceberg, looking tiny in comparison.More news:  TRAVELSAVERS welcomes Julie Virgilio to the teamKavanagh expects to see even more icebergs to float past the town, with six “big” ones already visible in the distance.last_img read more

Save up to 30 with G Adventures Stop Book and Go sale

first_img Friday, November 3, 2017 Posted by Save 20% on select Cuba tours includingCuba Colonial (15 days, Havana to Havana) was $2,629, now $2,103Biking in Cuba (eight days, Havana to Havana) was $1,899, now $1,814More news:  Sunwing offers ultimate package deal ahead of YXU flights to SNU, PUJFor more information visit gadventures.com/stop-book-and-go. TORONTO — With G Adventures’ year-end ‘Stop, Book and Go’ sale, clients looking to travel by Jan. 31, 2018 can save up to 30% on select trips to South America, Southeast Asia, Mexico and Cuba.“It’s not too late to pack your bags and check another destination off your bucket list,” says Aizaz Sheikh, Canadian Marketing Director, G Adventures. “There’s still time for one more adventure and we hope our ‘Stop, Book and Go’ sale will help agents secure additional bookings in the remaining two months of 2017. We’re offering huge savings on some of our most popular destinations and itineraries.”Bookings must be made by Dec. 31, 2017 for trips departing before Jan. 31, 2018. Highlights include:Save 20% on select Peru tours such as:Inca Empire (15 days, La Paz to Lima) was $2,749, now $2,062Amazon Riverboat Adventure in Depth (nine days, Lima to Lima) was $2,799, now $2,239Peru Panorama (15 days, Lima to Lima) was $3,549, now $2,959More news:  CIE Tours launches first-ever River Cruise CollectionSave 20% on select Southeast Asia tours including:Thailand & Laos Adventure (14 days, Bangkok to Hanoi) was $1,909, now $1,575Vietnam on a Shoestring (12 days, Ho Chi Minh City to Hanoi) was $1,209, now $967Cambodia on a Shoestring (10 days, Bangkok to Ho Chi Minh City) was $1,089, now $871Sailing Thailand Phuket to Phuket (seven days, Phuket to Phuket) was $2,199, now $1,759Save 30% on select Mekong River Cruises including:Mekong River Encompassed (eight days, Siem Reap to Ho Chi Minh City) was $2,879, now $2,015 Tags: G Adventures << Previous PostNext Post >>center_img Travelweek Group Share Save up to 30% with G Adventures’ ‘Stop, Book and Go’ sale Save 15% on select South America tours including:Highlights of Chile & Argentina (10 days, Santiago to Buenos Aires) was $2,399, now $1,919La Paz to Buenos Aires Adventure (15 days, La Paz to Buenos Aires) was $2,099, now $1,980last_img read more

September 28 2015This past weekend Friday Septe

first_imgSeptember 28, 2015This past weekend, Friday, September 24. and Saturday, September 25. 2015, LAARK Production from Prescott performed “The Tempest” at Arcosanti.The Arcosanti buildings have lent themselves to dramatic settings for many past events and last week-end was a perfect example of how poignant individual settings can enhance a particular performance.[photo by Erin O’Loughlin, text by Sue Kirsch]The center of the Vaults became a ship in a terrific storm with thunder reverberating from the walls, with fire dancers flashing lightning from their fingers and and the heaving ocean created by enthusiastic waving of long sheets of silky material.[photo by Sue Kirsch]The audience then turned their chairs to watch the second part of the performance, Prospero and Miranda in front of the Colly Garden with wonderful lighting of the olive trees in the background…[photo by Colleen Connery]… with the sprite Ariel hiding in one of the trees before springing into action and the furies slinking along the grass in sinister fashion.[photo by Erin O’Loughlin]Audience and performers then moved to the Colly Soleri Amphitheater, where the performance continued with intensity and some very funny scenes.[photo by Colleen Connery]It was an all together enchanting evening.[photo by Erin O’Loughlin]last_img read more

Streaming giant Netflix is getting into the origin

first_imgStreaming giant Netflix is getting into the original programming game in Turkey.The Los Gatos-based SVOD service has been ramping up its activity in local markets across Europe, and has now ordered a ten-part, “hero-driven action story” based on Ottoman and Turkish legend and history.Netflix’s drama comes from Istanbul-based O3 Medya, with company co-owner Onur Guvenata the executive producer.It centres on a young man who discovers he has special powers before linking up with a group of misfit friends to fight dark forces that are threatening Istanbul.Netflix VP of international original series Erik Barmack described the series as “young, fresh and exciting”, adding: “We believe that Netflix will be the perfect platform for this great Turkish production and we can’t wit to share more details later this year.”With science fiction-themed drama rarely produced in Turkey, Guvenata said the series would create “a new genre” that would stand as “a milestone for our market”.“It will not only resonate with the Turkish audience, but will also travel globally,” he added.Turkey has become one of the world’s most vibrant TV markets, with its local telenovela and drama productions driving the territory to become a top three international distributor.Companies such as Fox Networks Group, Endemol Shine and Eccho Rights, which this week sold Show TV drama Insider to MBC in the Middle East and a number of other territories, are all active in the region.Netflix’s new drama will sit alongside acquired Turkish series such as Magnificent Century, Ezel and Lovebird, and movies including Güneşi Gördüm (I Saw the Sun) and Kelebeğin Rüyası (The Butterfly’s Dream).These were acquired last year as Netflix unveiled a “truly Turkish service”, and a wide-ranging deal with Vodafone’s local telecoms business.Netflix has also localised its service in Poland, Thailand and Romania.last_img read more

In This Issue   Rate Differentials to narrow

first_imgIn This Issue. *  Rate Differentials to narrow? *  Gold sees attempt to recover fade. *  Chuck’s kiss o ‘death is still alive. *  ECB meeting to disappoint once again? Bullard Throws A Cat Among The Pigeons! Good Day! .  And a Tub Thumpin’ Thursday to you! The skies are a Tub Thumpin’ this morning, as we get pelted with more rain. The temperature is supposed to rise to 77 today, which puts us smack dab in the middle of the high chances of a tornado that would come out of the storms today. So, for all the local folks, if you here the warning sirens, head to the basement. Tornadoes are nothing to mess with! When I look out at the currencies and metals this morning they appear to have been scattered about by the bad storms too! Yesterday, after signing off, Gold took off for higher ground, and before you could say, “look at Gold”, it was up $15, and looking like it was ready to head back to $1,300. But that euphoria didn’t last, as Fed Head James Bullard decided to throw his two-cents into the discussion on interest rates. Well, St. Louis Fed President, James Bullard, really lathered up the markets a bit yesterday, and caused some slippage in the currencies & metals VS the dollar by saying that he expects a rate hike in the first quarter of next year.  This is 3 months ahead of the most aggressive interpretation of Fed Chair Janet Yellen’s “considerable time after QE has ended”..   It’s important to note that Bullard is a non-voting member this year, but if that’s how he feels now, imagine when he is a voting member next year!  But once again, I think the Fed Heads are being overly optimistic. And I address this later today, with a quote from Richard Duncan on the Fed’s Tapering.  I still believe that strong economic growth is far from given. and in fact I think it’s a pipedream.  But in either case, this comment by Bullard sure acts as a wakeup call for the markets. So, at first, when the markets got all loosey Goosey about Yellen saying that rates would rise after some considerable time after QE ends, that was fine. Let them be wrong! But now they are carrying this rate hike talk into the rate differential discussions, and that would be funny if it weren’t true!  But now the markets are saying, “that with interest rates in the U.S. going higher (as if that were written in stone) the rate differential to the Antipodean currencies will narrow. And therefore they see that as a reason to sell the Antipodean currencies! UGH!  For those of you new to class, the Antipodean currencies are those of Australia and New Zealand.  And now you know that I’m a lazy writer, in that I would rather refer to the two currencies with one word, instead of 5 words! HA! So, I hope you see what I’m saying here. the markets are already thinking that interest rates are going higher in the U.S. sooner than later (Chuck thinks later, and when they do they’ll soar higher, but let’s not let that get in the way of our discussion!) and therefore the U.S. dollar should be bought. Hmmm. Oh well, I think this too will pass, but for now, we have to let the kids play outside! And before we go on, it’s important to tell you about another non-voting Fed Head who differs in opinion with Bullard. Fed Head Williams who I’m told is a non-voting member this year, but. and that’s a big but and no I’m not going there again!  I’m also told that he used to work for Yellen at the SF Fed.  So the thought here is that maybe he has an inside to Yellen. Anyway, Williams said that “it makes no sense to start raising rates in the 2nd Half of 2015, and that the Fed needs to keep rates well below the historic norm of 4% even into 2017.”   WOW! Now. in my best Andy Rooney voice. Ever Wonder why Bullard got all the press, and Williams not a mention?  I think you know what I’m saying here, so I’ll just move along, for these are not the droids we’re looking for! The euro lost about ¼-cent yesterday, and is flat this morning ahead of the European Central Bank (ECB) meeting, that’s taking place as I write. Remember last month when the markets were convinced that ECB President Draghi, would announce additional stimulus, and I said “hogwash”? Well, who was right then? That’s correct it was little old me! HA! Well, this month, there are still some naysayers to the Chuck way of thinking and they are standing still with their thoughts that additional stimulus is coming from the ECB. Again, I say hogwash! Not now, anyway! Things are not dire in the Eurozone, Germany, the Eurozone’s largest economy, is seeing their economy grow, unemployment drop, and exports remain high, so you have to take a flyer on the additional stimulus in my opinion. So, the weakness in the euro the past two days, will most likely be a thing of the past once we get through today’s ECB meeting. The recent data from the U.K. has really been disappointing, especially given the strength of the data leading up to recent reports. I kept telling you all that the U.K. was not that strong! The recent report that confirms weakness is back is the services data which was very disappointing.  And then good old Mark Carney, you know the new Bank of England Gov. and former Gov. of the Bank of Canada, he of the bag of promises that never get out of the bag, is seeing what I was seeing. Carney told a newspaper that “There’s slack in the labor market that needs to be used up before policy makers raise interest rates.”   So, the pound sterling backs off its previous lofty levels, that were falsely pumped higher by shaky data. And as usual, Chuck puts his kiss of death on a currency by talking glowingly about it. Yesterday morning, I told you all about the 6 month moves in the Indian rupee, only to see it get whacked overnight, on what Bloomberg calls “technicals”.  You know, when a currency reaches a certain point on a chart that tells traders that they need to sell.  Long time readers know me, and I’m not a chartist, but I believe that in conjunction with fundamentals they can be useful at times. This is one of those times that I don’t think they are useful. So, maybe this whacking  is a good opportunity to buy at cheaper levels than prior to the whacking! Man! I just felt the building move! The light standards overhead are swaying back and forth, it must be a real doozy of a storm outside! Talk about scary! You know when you’re sitting in a chair in a building and you feel like you need to reach for the Dramamine that things are getting weird.  OK. my phone just said there’s a tornado in the area and that I need to take shelter, I’m going to step away for a minute. In my best Arnold voice. I’ll be back! China tried to address the economic slowdown in the country by announcing that they will introduce a package of measures to support the economy. The package includes: railway spending and tax relief.  And in concert with that announcement, the Chinese also pushed their currency, the renminbi / yuan, down this morning. With the first couple of days this week showing the Chinese allowing appreciation of the renminbi / yuan once again, I thought maybe their “teaching the markets a lesson” was over, and we could get back to the task at hand, which is an appreciating renminbi / yuan. But I guess not!  I guess the lesson is not over! Another BRIC currency, the Brazilian real, saw some love yesterday after the Brazilian Central Bank (BCB) hiked rates again, this time 25 Basis Points (1/4%) to an internal Selic rate of 11%… Of course that’s nowhere near where deposits get paid interest, but the point is that rates moved higher again in Brazil, as inflation continues to be a real problem in the country. I would have to think that the BCB is getting pretty close to tying the rate hikes into a bow. So, the real might be left to its own devices. and left to my own devices I probably would.  No wait! Didn’t mean to go all Pet Shop Boys on you this morning! Well, yesterday the U.S. Data Cupboard was good to the economy by printing a stronger than expected Feb Factory Orders report. Factory Orders for Feb grew 1.6% VS a -.7% in January. I guess the “bad weather” that affected everything else in February wasn’t at play here, eh?  So, good for Factory Orders. Unfortunately, the New York regional manufacturing index fell from 57 to 52 in March.  The ADP Employment Change for March printed at 191,000 jobs created, missing the target of 195,000 but the miss was small, so for the folks at home keeping score, this was a good report. not great, but good. Today, we’ll see the Data Cupboard yield the Feb Trade Balance (read deficit!) The Usual Thursday Weekly Jobless Claims, and the Challenger Job Cuts year on year for March.  And then tomorrow is the day the markets have been waiting for. the Jobs Jamboree that will show once and for all that the previous months bad reports were damaged by bad weather! Well, that’s what the markets think so far. Well, before I head to the Big Finish, I wanted to comment on a story that hit my email box yesterday from the WSJ, stating that, “for the FIRST TIME within General Motors, executives will be told of vehicle safety problems when they are first reported.”    In the words of a local car dealer, Are you kidding me?  I just cringe when I hear stuff like this, don’t you? I mean going back to the tech scandals, Enron, and so on, until now, you have to question why, foreigners would look to buy U.S. assets given all these things that continue to be revealed.  Investors here in the U.S. have grown comfortably numb to the scandals and just keep buying.  Need I say more? For What It’s Worth. I need to do some building of this story first, so here we go. Long ago I read a book by Richard Duncan called “The Dollar Crisis”   It sealed my beliefs of the dollar’s future, and when many people over the years would ask me what book should they read to get them started, I would tell them about this book.  Since then I’ve read “The New Depression”  and “The Corruption of Capitalism”  by Richard Duncan. All well worth someone’s time to read.  So, seeing that my friend, Bill Bonner, quoted Richard Duncan yesterday certainly caught my eye and led me to relaying that quote to you this morning, dear reader! First of all I need to tell you about Bill Bonner’s new letter titled: Diary of a Rogue Economist.   And can be found by clicking: http://www.bonnerandpartners.com/category/dre/ And then Richard Duncan talking about QE. “Duncan expects the coming quarter to produce a record of excess liquidity. The Fed is still pumping liquidity into the market at the rate of $65 billion every month. Meanwhile, it is tax time, so the government’s needs for borrowing will be relatively low. And according to Duncan, the difference between the available liquidity and the need for it in the regular economy has to go somewhere. But after this quarter, the outlook changes. The Fed is scheduled to wind down QE by the end of the year. And the federal government’s rosy budget scenario will begin to fade – meaning more government borrowing. That means the third quarter is expected to produce only a slightly positive excess of liquidity. And in the fourth quarter, says Duncan, the excess turns into a shortage. If the Fed persists in its plans to taper QE, in other words, the third quarter will likely see a selloff in the US stock market. This will give the Fed’s forward guidance a kick in the rearward quarters. Instead of continuing to taper, the Fed will panic. Its entire theory of life… its philosophy… and its sacred religion will be challenged. In its view, credit, prices and stocks must ALWAYS go up. “ Chuck again..  I see that Richard Duncan is in line with my call that the tapering of QE will be stopped this year. To recap.  Fed Head James Bullard threw a cat among the pigeons yesterday by pushing the envelope on the timing of the first Fed rate hike. The markets are now taking this newfound feeling that interest rates in the U.S. are going up, to the currency and metals markets, and talking about narrowing rate differentials to the Antipodean currencies, and so on. Chuck believes this is all gobbledygook, but you have to let the kids play outside. Currencies today 4/3/14. American Style: A$ .9240, kiwi .8545, C$ .9080, euro 1.3765, sterling 1.6590, Swiss $1.1275, . European Style: rand 10.6455, krone 5.9835, SEK 6.5110, forint 223.15, zloty 3.0315, koruna 19.9510, RUB 35.55, yen 103.90, sing 1.2625, HKD 7.7575, INR 60.20, China 6.1520, pesos 13.12, BRL 2.2682, Dollar Index 80.25, Oil $99.20, 10-year 2.80%, Silver $19.79, Platinum $1,434.25, Palladium $785.25, and Gold. $1,282.80 That’s it for today. Well, yesterday was our Antione Lawrence’s birthday, and while I knew it before I started writing, I had a brain drain while writing. So, Happy Birthday Antione!  I want to thank Cheryl Harper and Jessica Witt, for baking me birthday cakes that were brought in yesterday. I’m always gone on my birthday, so these two got together and decided to bake me my fave cakes for when I returned. A Pineapple upside down cake, and German chocolate cake were so delicious! Then the desk sang Happy Birthday to me, even though it was Antione’s Birthday! I truly appreciate the attention for my birthday, that for the past 6 years I’ve looked forward to so much. Well, it appears that my beloved Cardinals left their bats with hits in them, in Florida, for they’ve only scratched out 8 hits in two games. UGH!  And thoughts and prayers are needed for the folks at Ft. Hood, where a 2nd shooting in past 5 years took place yesterday. So sad.  And with that, I’ll get out of your hair for today. I hope you have a Tub Thumpin’ Thursday! Chuck Butler President EverBank World Marketslast_img read more

Reports have surfaced that tout replacements to pl

first_img Reports have surfaced that tout replacements to platinum and/or palladium. However, these are mostly research projects and are at least two to three years away from commercial viability (some will never make it). It’s quite the dilemma. One of the major reasons we’re so bullish on platinum group metals—palladium, in particular—is because of the intractable problems with supply. But most of the producers are backed into corners, with few options for improving their outlook. There’s simply no way for these metals to avoid a long-term production deficit due to the deep-seated problems with the companies that produce them. So, how to invest? Since we’re talking about profiting from a metals bull market, we could just buy bullion—and we have indeed recommended doing so to our readers. But to really maximize your leverage to the upside (and avoid more risky futures and options), a stock in a company that produces the metal is normally the way to go. Unfortunately, as above, the pickings are slim. For us to invest in a PGM producer, the company would have to be: Outside of South Africa and Russia. The problems with miners in both countries are numerous and difficult. Making money. Many producers are not profitable at current prices because production costs are so high. And they won’t come down when the strikes end—they’ll go up, due to higher wages. Have a strong growth profile. We want a company that can capitalize on burgeoning demand, which would add further leverage to our investment. Have strong management (of course!). The last thing we want is a team with no experience navigating a volatile market such as this. Does such a stock exist? It’s a tall order, but it turns out that the answer is: Yes. The company we recommend in this area meets all the criteria above—and is the safest speculation in this space. We consider it so safe, in fact, that we just “graduated” it from the International Speculator to BIG GOLD. How’s This for Leverage? This profitable mid-tier producer is perfectly positioned: it’s not so small that we’re purely speculating on some uncertain game-changing event, and yet it’s small enough to generate much larger share price gains than would be possible for one of the major mining companies. On the other hand, it’s big enough to catch the attention of mainstream investors. Here are seven reasons why we’re excited about this company and the leverage we think we’ll get by owning shares… #1: Big, High-Grade Assets The company has two distinct but closely related mine sites. These alone will support the company’s growth for many years. However, only nine miles of an estimated 28 miles of known mineralization has been developed between them—essentially one-third of one giant mineralized structure. Management thinks it has an additional 102 million tonnes of undeveloped resources waiting to be dug up. And get this: the average grade of their proven and probable reserves is 0.45 ounces per tonne, the world’s highest-grade PGM deposit. Of these, 78% is palladium, a very attractive figure since we’re even more bullish on it than platinum. At the right metals prices, this company could double or triple production and still maintain a very long mine life. #2: Growing Production and Low Costs The company grew 2013 production by 10,000 ounces, but has yet to use all its milling capacity. It currently uses about 3,600 tonnes per day (tpd) of its 6,000 tpd total capacity. The company is working to increase ore production this year, which is good timing for us. With a much cleaner balance sheet and a forecast of $800-$850 per ounce for all-in sustaining costs (AISC) in 2014, the company looks poised to make money in the current price environment—and a lot of money in the supply squeeze we anticipate. #3: Recycling Business In addition to mining, this company recycles depleted catalyst materials to recover palladium, platinum, and rhodium at its smelter and base metal refinery. It’s been doing this since 1997, and business is booming. Pre-tax earnings last year rose a whopping 233% over 2012. And management says it will expand this end of their business over the next few years. #4: Strong Financial Performance This company reported over a billion dollars of revenue last year, up nearly 30% from 2012. It finished the year with a very strong working capital position of almost a half billion dollars. #5: Unique North American Operations The company is one of only a few PGM producers in North America. Nearly all other PGM mines operate in South Africa (Impala, Amplats, Lonmin, etc.) or Russia (Norilsk). Therefore, this company is more stable than most that mine in other jurisdictions. #6: Upgraded Management A prior management team made a poor investment in Argentina a few years back, which led to major changes in the board of directors and top management last year. The new president and CEO is a 21-year industry veteran and has experience in both M&A and mine optimization. He’s already corrected past mistakes, and we’re happy with the direction he’s taken the company. The technical people on the ground seem competent and are getting admirable results. And finally… #7: We’ve Been There! Our Chief Metals Investment Strategist Louis James conducted a due diligence trip to the company’s operations last year, and says: I liked the story when I visited and considered it to be the company to buy in a safe mining jurisdiction. But I didn’t want to bet on the team in place at the time. Flash forward and now it’s under new management, which is very focused on cutting costs and expanding the core business. The company’s results for 2013 were quite impressive, and I expect them to get better going forward. I’m convinced this company is uniquely positioned to benefit from potential supply shortages. Coupled with a likely rise in demand from the global auto industry in the years ahead and this stock is a very attractive play. Here’s a picture from his visit. Platinum demand in India is expected to grow 35% this year. The Russian government has been reportedly buying palladium from local producers, since it appears its stockpiles are near exhaustion. Exports ticked higher last month, but that was likely in anticipation of potential sanctions. Existing stockpiles of these metals have dwindled. Based on prior estimates from Citigroup, only nine weeks of palladium and 22 weeks of platinum supplies remain—and half of those are in Russia. Standard Bank projects that stockpiled material from South African producers will run out in a month or less. The key point is that platinum and palladium supply is in a structural deficit. Prices will pull back when the strikes end—and that is your opportunity. The bull market in these metals is really just getting underway. And we have the primo pick in the space. The shares of this stock would have to climb 50% just to match its 2011 highs—and that’s without the platinum/palladium supply crunch we’re speculating on. As you’ve surmised by now, I can’t give away the name of this stock in fairness to paid subscribers. But you can get it by giving BIG GOLD a risk-free try. You’ll receive our full analysis and specific buy guidance, along with an exclusive discount on a popular gold coin in the June issue. And, if you want the absolute safest way to invest in PGMs, check out the options recommended in the May issue of BIG GOLD. If you’re not 100% satisfied with the newsletter, simply cancel during the 3-month trial period for a full refund—no questions asked. Whatever you do though, don’t miss out on the best stock pick in the PGM bull market. Start your no-risk subscription to BIG GOLD right now. Holdings of physically backed palladium ETFs continue to hit record highs. In less than two months, a half million ounces were added to ETFs. Fund holdings will likely continue to climb and push the palladium market further into deficit. Pay dirt: this is what the company’s palladium-platinum mineralization looks like before blasting. You can see the closely spaced holes that will be blasted a fraction of a second before the surrounding ones—in successive waves—so the ore is blasted inward. This high-grade resource in a safe and stable jurisdiction is the heart of our speculation. The Only Stock to Buy, in a Market Backed into a Corner Johnson Matthey, the world’s leading authority on PGMs, estimates the platinum market will register a deficit of at least 1.2 million ounces this year. This would be the largest shortfall since it first compiled data in 1975. While it will take an enormous amount of time and expense to recover from the strikes in South Africa, that’s only the first layer of problems for the industry: According to consultancy GFMS, 300,000 ounces of platinum and 165,000 ounces of palladium could be lost after the strikes end, as it will take time and money to ramp up to full capacity—if that’s even possible since some mines have been damaged. The Implats CEO said it will take his company at least three months to return to full production, and they’ve already put the development of three new replacement shafts in the Rustenburg area on hold. Anglo American announced just last week that it plans to sell its platinum operations. Some recyclers announced they are holding back on sales, as they believe prices will move higher. Auto sales in the US, China, and Europe, the three biggest regions by consumption, were up 12% through May over 2013.last_img read more