The new ad is part of a campaign to revitalize the image of the Marine Corps, only 8.3 percent of which are women.
Reported by Christian Science Monitor 6 hours ago.
Marine ad puts focus on a new kind of recruit: women
↧
↧
President Emmanuel Macron: Reversing Five Decades Of Working-Class Power – OpEd
Whatever has been written about President Emmanuel Macron by the yellow or the respectable press has been mere trivia or total falsehood. Media lies have a purpose that goes beyond Macron’s election. Throughout Europe and North America, bankers and manufacturers, NATO, militarists and EU oligarchs, media moguls and verbal assassins, academics and journalists, all characterized the election victory of Macron as a ‘defeat of fascism’ and the ‘triumph of the French people’.
*Macron and ‘What People’?*
First of all, Macron received only 46% of the actual vote. Over 54% of eligible French voters either abstained, spoiled their ballots or voted for Marine Le Pen, the nationalist populist. In other words, 26 million voters rejected or ignored Macron’s candidacy versus 20.6 million voters who endorsed him. This was despite an unremitting push for Macron from the entire French and European mass media, all of the major political parties and the vast majority of academics, journalists, publishers, undertakers and doormen.
In a word: Emmanuel Macron is a minority President, unpopular to most of the French electorate.
There are some very sound political and socio-economic reasons why Macron’s candidacy would be rejected by most of the French people, while receiving full support from the ruling class.
Secondly, there was a phony image of Macron as the ‘novice, untainted by old-line corrupt politics’. The financial and business press busily painted an image of the virgin Manny Macron bravely prepared to introduce ’sweeping reforms’ and rescue France – a sort of banker-Joan of Arc against the veteran ‘fascist’ Marine Le Pen and her ‘deplorable’ supporters.
The reality is that Macron has always been a highly experienced member of the most elite financial-political networks in France. He served as a senior executive in the notorious Rothschild banking conglomerate. In a few short years ‘Saint Manny’ had accumulated millions of euros in commissions from fixing corporate deals.
Macron’s financial colleagues encouraged him to accept the post of Economic Minister under the decrepit regime of President Francois Hollande. Banker Macron helped the ‘Socialist’ President Hollande shed any of his party’s pro-labor pretensions and embrace a radical anti-worker agenda. As Economic Minister Macron implemented a 40 billion euro tax cut for businesses and proposed far-right legislation designed to weaken workers collective bargaining rights.
The Hollande-Macron proposals faced massive opposition in the streets and parliament. With the government’s popular support falling to the single digits, the anti-labor legislation was withdrawn or diluted …temporarily. This experience inspired Macron to re-invent (or re-virginized) himself: >From hard-assed rightwing hack, he emerged the novice politico claiming to be ‘neither right nor left’.
The totally discredited ‘Socialist’ Hollande, following the example of France’s financial elite, supported presidential candidate Macron. Of course, whenever Macron spoke of representing ‘all France’, he meant ‘all’ bankers, manufacturers and rentier oligarchs – the entire capitalist sector.
In the first round of presidential voting, Macron’s candidacy divided the elites: Bankers were split between Macron and Fillon, while many social democrats, trade union officials and ‘identitarian’-single issue sectarians would end up voting Macron.
Macron won by default: Fillon, his far right bourgeois rival was snared in a political- swindle involving ‘family’ and his finicky supporters switched to Macron. The Socialists defected from their discredited Hollande to the ‘reconstructed choirboy’ Macron. Meanwhile, the ‘left’ had rediscovered ‘anti-fascism’: They opposed the national-populist Le Pen and slithered under the bankers’ backdoor to vote for Macron.
Almost one-third of French electorate abstained or showed their contempt by spoiling their ballots.
Throughout the election theatrics, the media breathlessly reported every frivolous ‘news’ item to polish the halo of their ‘novice’ Macron. They swooned over the ‘novelty’ of Macron’s teen age ‘love affair’ and subsequent marriage to his former schoolteacher. The media played-up the charmingly ‘amateurish’ nature of his campaign staff, which included upwardly mobile professionals, downwardly mobile social democrat politicos and ‘off the street’ volunteers. The mass media downplayed one critical aspect: Macro’s historic ties to the big bankers!
Behind the carefully crafted image of a ‘political outsider’, the steely eyed Macron was never influenced by the swooning media propaganda: He remained deeply committed to reversing fifty years of working class advances in France in favor of the financial class.
*Macron’s Power Grab: En Marche to Defeat the Working Class*
Immediately upon his election, Macron presented his first major piece of legislation: The ‘liberalization’ (reversal) of France’s progressive and socially protective labor laws.
President Macron promised to eliminate industry-wide labor-capital negotiations, in favor of factory-by-factory negotiations. Undermining industry-wide collective power means that each monopoly or conglomerate can dominate and isolate workers in their work place. Macron envisions a complete shift of power into the hands of capital in order to slash wages, increase work hours and reduce regulations on workplace safety and worker health. The proposed anti-labor laws represent a return of capitalist power to the golden age of the late 19th and early 20th centuries – precisely why the financial elite anointed Macron as ‘President of all France’.
Even more important, by destroying a unified, labor movement and the power of workers’ solidarity, Macron will be free to radically restructure the entire socio-economic system in favor of capital!
Concentrating all power and profits in the hands of the capitalist class, Macron’s legislative agenda will free him to fire over 150,000 public employees, drastically reduce public spending and investment and privatize critical public financial, energy and industrial sectors.
Macron will shift the balance of power further away from labor in order to increase profits, reduce middle and working class social, health and educational services and to decrease corporate taxes from 33.3% to 25%.
Macron plan will strengthen the role of the French financial elite within the European Union’s oligarchical structure and allow the bankers to impose harsh ‘austerity’ policies throughout Europe.
In the sphere of foreign and military affairs, Macron fervently supports NATO. His regime will back the aggressive US military policies toward Russia and the Middle East – especially the violent breakup of Syria.
President Macron’s reactionary, ‘liberalizing’ agenda will require his party and allies to gain a majority in next month’s parliamentary elections (June 2017). His strategy will consist of ‘diversity in appearance and hard, single-minded reactionary policies in content’.
The ‘diverse’ groups and individuals, allied with Macron, are largely composed of fragmented collections of opportunists and discredited politicos mainly in search of office. Under Macron, the parliament will include everything from old-line rightwing social democrats, as well as single-issue environment and gender opportunists, allied with conservatives looking for a chance to finally savage France’s labor laws.
If successful in the coming elections, Macron’s parliament will legitimize the policies of his far right Prime Minister and Cabinet. If Macron fails to secure an outright majority, he is sure to patch together a coalition with veteran right-wing politicos, which, of course, will be ‘balanced’ with 50% women. Macron’s coalition of dinosaurs and ‘women’ will eagerly smash the rights and living standards of all workers – regardless of gender!
Macron hopes to win sufficient parliamentary votes to negotiate alliances with the traditional conservative parties and the rump of the Socialist Party to consolidate the rule of the Troika: the bankers, the EU and NATO.
*President Macron: By the Ballot or the Bullet*
There is no doubt that the French working class, the salaried public and private employees, the unemployed youth, students and public health workers will take to the streets, with the backing of 60% or more of the public, including the 33% who voted for Marine Le Pen.
Strikes, general and partial, of long and short duration, will confront the Macron regime and its far right, self-styled ‘transformative’ agenda.
Rothschild’s errand boy, Manny Macron cannot mobilize supporters in the streets and will have to rely on the police. Many parliamentary backers are fearful of both the problem (strikes) and the solution (police repression).
*The Corporate Elite: President Macron Adopts Napoleonic Decrees*
In 2016 when Macron was the Economic Minister in the President Francois Hollande’s regime, he introduced a new regressive labor policy dubbed the ‘El Khomri’ law (named after the reactionary Labor Minister Myriam El Khormi). This led to massive street demonstrations forcing Hollande to withdraw the legislation. Now as President, Macron proposes a far more rigid and destructive labor law, which his corporate colleagues insist he implement by the ‘ballot’ if possible or the ‘billy club’ if necessary. In other words, if he cannot win the support of the National Assembly, he will implement the labor law by presidential decree.
The President of MEDEF (Mouvement des Entreprises de France), the employers’ federation, Pierre Gattaz, has demanded immediate implementation of policies to crush labor. Macron will outlaw labor protests via presidential decree and cut parliamentary debate in order to transform the elite’s ‘El Dorado’ of all (labor) reforms (sic) into reality.
The entire leadership of the capitalist class and financial press backs Macron’s bid to govern by decree as a ‘good idea in the circumstances’, (Financial Times, 5/10/17, pg. 2). Macron’s ‘Napoleonic’ pretentions will inevitably deepen class polarization and strengthen ties between the militant trade unions and Le Pen’s industrial working class supporters.
We face an approaching time of open and declared class war in France.
*Conclusion*
Reality has quickly cut through the lies about the origin of Emmanuel Macron’s electoral victory. Brutal police truncheons, wielded in defense of Macron’s election triumph, will further reveal the real faces of French ‘fascism’ better than any editorial by the French ‘left’. The fascists are not to be found among Le Pen’s working class voters!
The fools within the French academia, who backed the Rothschild candidate in the name of ‘fighting fascism at all cost’, will soon find themselves wandering among the workers’ street barricade, dodging the clouds of teargas, on the way to their cafes and computers.
The ruling class chose Macron because they know he will not back down in the face of street demonstrations or even a general strike!
The intellectuals who backed Macron as ‘the lesser evil’ are now discovering that he is the greater evil. They are not too late to be . . . irrelevant.
Macron’s grandiose vision is to introduce his hyper-capitalist ideology throughout Europe and beyond. He proposes to transform the EU into a ‘competitive capitalist paradise under French leadership’.
Given the historic role of the French worker, it is more likely that Macron will not succeed in implementing his ‘labor reforms’. His decrees will surely provoke powerful resistance from the streets and the public institutions. When he falters, his parliamentary supporters will fracture into little warring clans. Factory owners will bemoan the workers who occupy their plants and bankers will complain that the farmers’ tractors are blocking the roads to their country villas.
The Germans and British elite will urge their ‘little Napoleon’ to hold firm, for fear the ‘French contagion’ might spread to their somnolent workers.
On the one hand, Macron’s successful decree can open the way for a transformation of capital-labor relations into a modern 21st century corporate state.
On the other, a successful general strike can open the door to a Europe-wide revolt. Macron’s enigmatic (and meaningless) slogan ‘neither right nor left’ is now exposed: He is the “Bonaparte of the Bourse”!
The post President Emmanuel Macron: Reversing Five Decades Of Working-Class Power – OpEd appeared first on Eurasia Review. Reported by Eurasia Review 5 hours ago.
*Macron and ‘What People’?*
First of all, Macron received only 46% of the actual vote. Over 54% of eligible French voters either abstained, spoiled their ballots or voted for Marine Le Pen, the nationalist populist. In other words, 26 million voters rejected or ignored Macron’s candidacy versus 20.6 million voters who endorsed him. This was despite an unremitting push for Macron from the entire French and European mass media, all of the major political parties and the vast majority of academics, journalists, publishers, undertakers and doormen.
In a word: Emmanuel Macron is a minority President, unpopular to most of the French electorate.
There are some very sound political and socio-economic reasons why Macron’s candidacy would be rejected by most of the French people, while receiving full support from the ruling class.
Secondly, there was a phony image of Macron as the ‘novice, untainted by old-line corrupt politics’. The financial and business press busily painted an image of the virgin Manny Macron bravely prepared to introduce ’sweeping reforms’ and rescue France – a sort of banker-Joan of Arc against the veteran ‘fascist’ Marine Le Pen and her ‘deplorable’ supporters.
The reality is that Macron has always been a highly experienced member of the most elite financial-political networks in France. He served as a senior executive in the notorious Rothschild banking conglomerate. In a few short years ‘Saint Manny’ had accumulated millions of euros in commissions from fixing corporate deals.
Macron’s financial colleagues encouraged him to accept the post of Economic Minister under the decrepit regime of President Francois Hollande. Banker Macron helped the ‘Socialist’ President Hollande shed any of his party’s pro-labor pretensions and embrace a radical anti-worker agenda. As Economic Minister Macron implemented a 40 billion euro tax cut for businesses and proposed far-right legislation designed to weaken workers collective bargaining rights.
The Hollande-Macron proposals faced massive opposition in the streets and parliament. With the government’s popular support falling to the single digits, the anti-labor legislation was withdrawn or diluted …temporarily. This experience inspired Macron to re-invent (or re-virginized) himself: >From hard-assed rightwing hack, he emerged the novice politico claiming to be ‘neither right nor left’.
The totally discredited ‘Socialist’ Hollande, following the example of France’s financial elite, supported presidential candidate Macron. Of course, whenever Macron spoke of representing ‘all France’, he meant ‘all’ bankers, manufacturers and rentier oligarchs – the entire capitalist sector.
In the first round of presidential voting, Macron’s candidacy divided the elites: Bankers were split between Macron and Fillon, while many social democrats, trade union officials and ‘identitarian’-single issue sectarians would end up voting Macron.
Macron won by default: Fillon, his far right bourgeois rival was snared in a political- swindle involving ‘family’ and his finicky supporters switched to Macron. The Socialists defected from their discredited Hollande to the ‘reconstructed choirboy’ Macron. Meanwhile, the ‘left’ had rediscovered ‘anti-fascism’: They opposed the national-populist Le Pen and slithered under the bankers’ backdoor to vote for Macron.
Almost one-third of French electorate abstained or showed their contempt by spoiling their ballots.
Throughout the election theatrics, the media breathlessly reported every frivolous ‘news’ item to polish the halo of their ‘novice’ Macron. They swooned over the ‘novelty’ of Macron’s teen age ‘love affair’ and subsequent marriage to his former schoolteacher. The media played-up the charmingly ‘amateurish’ nature of his campaign staff, which included upwardly mobile professionals, downwardly mobile social democrat politicos and ‘off the street’ volunteers. The mass media downplayed one critical aspect: Macro’s historic ties to the big bankers!
Behind the carefully crafted image of a ‘political outsider’, the steely eyed Macron was never influenced by the swooning media propaganda: He remained deeply committed to reversing fifty years of working class advances in France in favor of the financial class.
*Macron’s Power Grab: En Marche to Defeat the Working Class*
Immediately upon his election, Macron presented his first major piece of legislation: The ‘liberalization’ (reversal) of France’s progressive and socially protective labor laws.
President Macron promised to eliminate industry-wide labor-capital negotiations, in favor of factory-by-factory negotiations. Undermining industry-wide collective power means that each monopoly or conglomerate can dominate and isolate workers in their work place. Macron envisions a complete shift of power into the hands of capital in order to slash wages, increase work hours and reduce regulations on workplace safety and worker health. The proposed anti-labor laws represent a return of capitalist power to the golden age of the late 19th and early 20th centuries – precisely why the financial elite anointed Macron as ‘President of all France’.
Even more important, by destroying a unified, labor movement and the power of workers’ solidarity, Macron will be free to radically restructure the entire socio-economic system in favor of capital!
Concentrating all power and profits in the hands of the capitalist class, Macron’s legislative agenda will free him to fire over 150,000 public employees, drastically reduce public spending and investment and privatize critical public financial, energy and industrial sectors.
Macron will shift the balance of power further away from labor in order to increase profits, reduce middle and working class social, health and educational services and to decrease corporate taxes from 33.3% to 25%.
Macron plan will strengthen the role of the French financial elite within the European Union’s oligarchical structure and allow the bankers to impose harsh ‘austerity’ policies throughout Europe.
In the sphere of foreign and military affairs, Macron fervently supports NATO. His regime will back the aggressive US military policies toward Russia and the Middle East – especially the violent breakup of Syria.
President Macron’s reactionary, ‘liberalizing’ agenda will require his party and allies to gain a majority in next month’s parliamentary elections (June 2017). His strategy will consist of ‘diversity in appearance and hard, single-minded reactionary policies in content’.
The ‘diverse’ groups and individuals, allied with Macron, are largely composed of fragmented collections of opportunists and discredited politicos mainly in search of office. Under Macron, the parliament will include everything from old-line rightwing social democrats, as well as single-issue environment and gender opportunists, allied with conservatives looking for a chance to finally savage France’s labor laws.
If successful in the coming elections, Macron’s parliament will legitimize the policies of his far right Prime Minister and Cabinet. If Macron fails to secure an outright majority, he is sure to patch together a coalition with veteran right-wing politicos, which, of course, will be ‘balanced’ with 50% women. Macron’s coalition of dinosaurs and ‘women’ will eagerly smash the rights and living standards of all workers – regardless of gender!
Macron hopes to win sufficient parliamentary votes to negotiate alliances with the traditional conservative parties and the rump of the Socialist Party to consolidate the rule of the Troika: the bankers, the EU and NATO.
*President Macron: By the Ballot or the Bullet*
There is no doubt that the French working class, the salaried public and private employees, the unemployed youth, students and public health workers will take to the streets, with the backing of 60% or more of the public, including the 33% who voted for Marine Le Pen.
Strikes, general and partial, of long and short duration, will confront the Macron regime and its far right, self-styled ‘transformative’ agenda.
Rothschild’s errand boy, Manny Macron cannot mobilize supporters in the streets and will have to rely on the police. Many parliamentary backers are fearful of both the problem (strikes) and the solution (police repression).
*The Corporate Elite: President Macron Adopts Napoleonic Decrees*
In 2016 when Macron was the Economic Minister in the President Francois Hollande’s regime, he introduced a new regressive labor policy dubbed the ‘El Khomri’ law (named after the reactionary Labor Minister Myriam El Khormi). This led to massive street demonstrations forcing Hollande to withdraw the legislation. Now as President, Macron proposes a far more rigid and destructive labor law, which his corporate colleagues insist he implement by the ‘ballot’ if possible or the ‘billy club’ if necessary. In other words, if he cannot win the support of the National Assembly, he will implement the labor law by presidential decree.
The President of MEDEF (Mouvement des Entreprises de France), the employers’ federation, Pierre Gattaz, has demanded immediate implementation of policies to crush labor. Macron will outlaw labor protests via presidential decree and cut parliamentary debate in order to transform the elite’s ‘El Dorado’ of all (labor) reforms (sic) into reality.
The entire leadership of the capitalist class and financial press backs Macron’s bid to govern by decree as a ‘good idea in the circumstances’, (Financial Times, 5/10/17, pg. 2). Macron’s ‘Napoleonic’ pretentions will inevitably deepen class polarization and strengthen ties between the militant trade unions and Le Pen’s industrial working class supporters.
We face an approaching time of open and declared class war in France.
*Conclusion*
Reality has quickly cut through the lies about the origin of Emmanuel Macron’s electoral victory. Brutal police truncheons, wielded in defense of Macron’s election triumph, will further reveal the real faces of French ‘fascism’ better than any editorial by the French ‘left’. The fascists are not to be found among Le Pen’s working class voters!
The fools within the French academia, who backed the Rothschild candidate in the name of ‘fighting fascism at all cost’, will soon find themselves wandering among the workers’ street barricade, dodging the clouds of teargas, on the way to their cafes and computers.
The ruling class chose Macron because they know he will not back down in the face of street demonstrations or even a general strike!
The intellectuals who backed Macron as ‘the lesser evil’ are now discovering that he is the greater evil. They are not too late to be . . . irrelevant.
Macron’s grandiose vision is to introduce his hyper-capitalist ideology throughout Europe and beyond. He proposes to transform the EU into a ‘competitive capitalist paradise under French leadership’.
Given the historic role of the French worker, it is more likely that Macron will not succeed in implementing his ‘labor reforms’. His decrees will surely provoke powerful resistance from the streets and the public institutions. When he falters, his parliamentary supporters will fracture into little warring clans. Factory owners will bemoan the workers who occupy their plants and bankers will complain that the farmers’ tractors are blocking the roads to their country villas.
The Germans and British elite will urge their ‘little Napoleon’ to hold firm, for fear the ‘French contagion’ might spread to their somnolent workers.
On the one hand, Macron’s successful decree can open the way for a transformation of capital-labor relations into a modern 21st century corporate state.
On the other, a successful general strike can open the door to a Europe-wide revolt. Macron’s enigmatic (and meaningless) slogan ‘neither right nor left’ is now exposed: He is the “Bonaparte of the Bourse”!
The post President Emmanuel Macron: Reversing Five Decades Of Working-Class Power – OpEd appeared first on Eurasia Review. Reported by Eurasia Review 5 hours ago.
↧
Reef die-off hastened by bleachings
The Great Barrier Reef Marine Park Authority says the level of ocean warming the reef can safely withstand has probably already been passed.
Reported by SBS 5 hours ago.
↧
Chubb's CargoAdvantage wins Asia-Pacific Insurance Innovation Award
SINGAPORE, May 22, 2017 /PRNewswire/ -- Chubb announced today that it has received the "Asia-Pacific Insurance Innovation Award" for its *CargoAdvantage^®* system at the inaugural Asia-Pacific Risk Management Awards.
Organized by StrategicRISK, the industry awards recognize and reward organizations and individuals who demonstrate that they have gone the extra mile with measurable results to introduce or improve their risk management strategies.
The "Asia-Pacific Insurance Innovation Award" recognizes insurers that can demonstrate that they have developed an innovative risk and/or insurance product, solution or initiative that has significantly benefited one or more of their Asia-Pacific clients. The awards were independently and rigorously judged by a panel of risk experts from across the region.
Chubb's CargoAdvantage is a proprietary and market-leading web-based marine insurance quoting and issuing system. It allows freight forwarders to reduce liability by offering a cargo insurance quote and cover for a shipment within four minutes. This user-friendly system has multiple benefits for transport companies, including:
· Certificates issued on the spot to support transportation and trade documentation
· The system is accessible anywhere, anytime via computer with Internet access
· The certificates are automatically archived and can easily be referenced in the event of a claim
· Streamlined operations process of automated monthly invoicing and billing
· CargoAdvantage also provides logistics companies with access to Incoterms® 2010, a glossary of common Marine terms and claims forms for ease of reference and convenience
Commenting on the win, Jason Keen, Chubb's Head of Property & Casualty for Asia Pacific, said, "We are very proud to receive this award for innovation. As craftsmen of insurance, we meticulously conceive, craft and deliver extraordinary coverage and service for our customers and their agents and brokers. In this case, our CargoAdvantage provides the transport and shipping community in the region with a reliable solution which can reduce business risks via a simple web-based platform."
"Marine insurers have been mostly transacting business in a traditional manner," added Anthony O'Brien, Chubb's Head of Marine for Asia Pacific. "Chubb is forging closer relationships with the transport and shipping communities to support and add value to them with products as well as risk management and e-commerce solutions. This award is testament to our work in developing a truly ground-breaking solution to benefit our clients in the region."
Click here to learn more about Chubb's award-winning CargoAdvantage platform.
*About Chubb*
Chubb is the world's largest publicly traded property and casualty insurance company. With operations in 54 countries, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance and life insurance to a diverse group of clients. As an underwriting company, we assess, assume and manage risk with insight and discipline. We service and pay our claims fairly and promptly. The company is also defined by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength and local operations globally. Parent company Chubb Limited is listed on the New York Stock Exchange (NYSE: CB) and is a component of the S&P 500 index. Chubb maintains executive offices in Zurich, New York, London and other locations, and employs approximately 31,000 people worldwide. Additional information can be found at: new.chubb.com.
SOURCE Chubb Reported by PR Newswire Asia 4 hours ago.
Organized by StrategicRISK, the industry awards recognize and reward organizations and individuals who demonstrate that they have gone the extra mile with measurable results to introduce or improve their risk management strategies.
The "Asia-Pacific Insurance Innovation Award" recognizes insurers that can demonstrate that they have developed an innovative risk and/or insurance product, solution or initiative that has significantly benefited one or more of their Asia-Pacific clients. The awards were independently and rigorously judged by a panel of risk experts from across the region.
Chubb's CargoAdvantage is a proprietary and market-leading web-based marine insurance quoting and issuing system. It allows freight forwarders to reduce liability by offering a cargo insurance quote and cover for a shipment within four minutes. This user-friendly system has multiple benefits for transport companies, including:
· Certificates issued on the spot to support transportation and trade documentation
· The system is accessible anywhere, anytime via computer with Internet access
· The certificates are automatically archived and can easily be referenced in the event of a claim
· Streamlined operations process of automated monthly invoicing and billing
· CargoAdvantage also provides logistics companies with access to Incoterms® 2010, a glossary of common Marine terms and claims forms for ease of reference and convenience
Commenting on the win, Jason Keen, Chubb's Head of Property & Casualty for Asia Pacific, said, "We are very proud to receive this award for innovation. As craftsmen of insurance, we meticulously conceive, craft and deliver extraordinary coverage and service for our customers and their agents and brokers. In this case, our CargoAdvantage provides the transport and shipping community in the region with a reliable solution which can reduce business risks via a simple web-based platform."
"Marine insurers have been mostly transacting business in a traditional manner," added Anthony O'Brien, Chubb's Head of Marine for Asia Pacific. "Chubb is forging closer relationships with the transport and shipping communities to support and add value to them with products as well as risk management and e-commerce solutions. This award is testament to our work in developing a truly ground-breaking solution to benefit our clients in the region."
Click here to learn more about Chubb's award-winning CargoAdvantage platform.
*About Chubb*
Chubb is the world's largest publicly traded property and casualty insurance company. With operations in 54 countries, Chubb provides commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance and life insurance to a diverse group of clients. As an underwriting company, we assess, assume and manage risk with insight and discipline. We service and pay our claims fairly and promptly. The company is also defined by its extensive product and service offerings, broad distribution capabilities, exceptional financial strength and local operations globally. Parent company Chubb Limited is listed on the New York Stock Exchange (NYSE: CB) and is a component of the S&P 500 index. Chubb maintains executive offices in Zurich, New York, London and other locations, and employs approximately 31,000 people worldwide. Additional information can be found at: new.chubb.com.
SOURCE Chubb Reported by PR Newswire Asia 4 hours ago.
↧
World's rarest marine species may go extinct in a year: Study
Unsustainable fishing practices and illegal wildlife trade driven by demand for the swim bladder of a critically endangered fish also endemic to the region, the totoaba, has caused the vaquita population to plummet in recent years.
Reported by DNA 3 hours ago.
↧
↧
MacGregor participates in developing unmanned/autonomous traffic in the Baltic Sea
CARGOTEC CORPORATION, PRESS RELEASE, 22 MAY 2017 AT 9 AM EEST
MacGregor, part of Cargotec, is one of several leading global companies that have teamed up for the advanced co-creation ecosystem, One Sea. Founded in 2016, the goal for the ecosystem's partners is to jointly-develop the world's first system of autonomous ships. The partner's shared vision is to enable fully remote-controlled vessels in the Baltic Sea in three years and to achieve autonomous commercial maritime traffic by 2025.
Leading the One Sea ecosystem is DIMECC (Digital, Internet, Materials & Engineering Co-Creation). The association of Finnish Marine Industries also supports its work and the Finnish funding agency TEKES has invested in the project.
MacGregor believes that in today's world, co-creation and collaboration are efficient and sustainable ways to innovate and develop systems and solutions for more technologically-advanced and safer operations, ultimately enabling autonomous traffic at sea. "The benefits of co-creation are obvious, software experts, together with systems and equipment experts, can improve efficiency and safety throughout the whole value chain," says Alexander Nürnberg, Senior Vice President, R&D and Technology, MacGregor.
"We in MacGregor started the transformation journey several years ago and are proceeding step-by-step towards autonomous equipment operations and eventually autonomous vessels," continues Mr Nürnberg. "The steps we have already taken on this journey include the ability to have greater connectivity to equipment. This means that we can undertake performance monitoring and further enable condition-based monitoring and predictive maintenance. About ten years ago, MacGregor introduced its OnWatch service for offshore crane customers, which included round-the-clock remote access and trouble-shooting. This service is now being further enhanced by a 'Scout' function that performs predictive maintenance and condition-monitoring."
"We understand that transformation and shaping the industry are best done in close cooperation with customers and other stakeholders," notes Pasi Lehtonen, Senior Vice President, Marketing, Business Development and Strategy, MacGregor. "MacGregor has a role in developing the shipping industry and we take our role seriously, therefore we have called for an industry renewal discussion under the theme, So much potential - let's not waste it. Productivity developments will be driven by advances in connectivity and digitalisation, along with new business models and capabilities. Autonomous maritime transportation is a perfect example of such a new capability."
"MacGregor's vast experience in understanding container ship efficiency throughout its lifecycle enables us to widen developments for ultimately enabling the autonomous operation of cargo systems on board container vessels," adds Mr Lehtonen.
The One Sea ecosystem is the latest in a series of collaborative initiatives by MacGregor and is one of many projects designed to create products and develop software and solutions to enable autonomous vessel traffic. MacGregor is collaborating with Rolls-Royce on research and development in autonomy for cargo ship navigation and cargo systems on board container ships.
MacGregor has, for many years, also cooperated with the University of Turku and Åbo Akademi within the framework of the FIMECC Rebus programme, which is oriented towards adopting boundary-spanning business models that focus on a high-level cooperation between partners in a project and the development of new, innovative solutions.
Additionally, in recent years, MacGregor has implemented a new, value-oriented approach and has been at the forefront of developing pioneering thinking in the shipping industry. The MacGregor PlusPartner concept for container ships is a good example of such an innovative solution. PlusPartner is a holistic way to maximise a ship's return on investment through a combination of optimised cargo systems and utilisation support.
*For more information please contact:*
Pasi Lehtonen, Senior Vice President, Marketing, Business Development and Strategy, MacGregor, Tel. +358 40 557 6881, Email: pasi.lehtonen@macgregor.com
Jouni Lehtinen, R&D Director, Cargo Handling, MacGregor
Tel. +358 40 729 7655, Email: Jouni.lehtinen@macgregor.com
MacGregor shapes the offshore and marine industries by offering world-leading engineering solutions and services with a strong portfolio of MacGregor, Hatlapa, Porsgrunn, Pusnes and Triplex brands. Shipbuilders, owners and operators are able to optimise the lifetime profitability, safety, reliability and environmental sustainability of their operations by working in close cooperation with MacGregor.
MacGregor solutions and services for handling marine cargoes, vessel operations, offshore loads, crude/LNG transfer and offshore mooring are all designed to perform with the sea. www.macgregor.com
MacGregor is part of Cargotec. Cargotec's (Nasdaq Helsinki: CGCBV) sales in 2016 totalled approximately EUR 3.5 billion and it employs over 11,000 people. www.cargotec.com
DIMECC
DIMECC Ltd. is the leading co-creation platform for digital transformation. DIMECC combines the leading companies from manufacturing and digital industries to the academic research. DIMECC's customers outperformed the non-customers from respective industries during 2009-2014 by all financial measures. www.dimecc.com
Alliance_OneSea
--------------------This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Cargotec Corporation via GlobeNewswire
HUG#2106256 Reported by GlobeNewswire 2 hours ago.
MacGregor, part of Cargotec, is one of several leading global companies that have teamed up for the advanced co-creation ecosystem, One Sea. Founded in 2016, the goal for the ecosystem's partners is to jointly-develop the world's first system of autonomous ships. The partner's shared vision is to enable fully remote-controlled vessels in the Baltic Sea in three years and to achieve autonomous commercial maritime traffic by 2025.
Leading the One Sea ecosystem is DIMECC (Digital, Internet, Materials & Engineering Co-Creation). The association of Finnish Marine Industries also supports its work and the Finnish funding agency TEKES has invested in the project.
MacGregor believes that in today's world, co-creation and collaboration are efficient and sustainable ways to innovate and develop systems and solutions for more technologically-advanced and safer operations, ultimately enabling autonomous traffic at sea. "The benefits of co-creation are obvious, software experts, together with systems and equipment experts, can improve efficiency and safety throughout the whole value chain," says Alexander Nürnberg, Senior Vice President, R&D and Technology, MacGregor.
"We in MacGregor started the transformation journey several years ago and are proceeding step-by-step towards autonomous equipment operations and eventually autonomous vessels," continues Mr Nürnberg. "The steps we have already taken on this journey include the ability to have greater connectivity to equipment. This means that we can undertake performance monitoring and further enable condition-based monitoring and predictive maintenance. About ten years ago, MacGregor introduced its OnWatch service for offshore crane customers, which included round-the-clock remote access and trouble-shooting. This service is now being further enhanced by a 'Scout' function that performs predictive maintenance and condition-monitoring."
"We understand that transformation and shaping the industry are best done in close cooperation with customers and other stakeholders," notes Pasi Lehtonen, Senior Vice President, Marketing, Business Development and Strategy, MacGregor. "MacGregor has a role in developing the shipping industry and we take our role seriously, therefore we have called for an industry renewal discussion under the theme, So much potential - let's not waste it. Productivity developments will be driven by advances in connectivity and digitalisation, along with new business models and capabilities. Autonomous maritime transportation is a perfect example of such a new capability."
"MacGregor's vast experience in understanding container ship efficiency throughout its lifecycle enables us to widen developments for ultimately enabling the autonomous operation of cargo systems on board container vessels," adds Mr Lehtonen.
The One Sea ecosystem is the latest in a series of collaborative initiatives by MacGregor and is one of many projects designed to create products and develop software and solutions to enable autonomous vessel traffic. MacGregor is collaborating with Rolls-Royce on research and development in autonomy for cargo ship navigation and cargo systems on board container ships.
MacGregor has, for many years, also cooperated with the University of Turku and Åbo Akademi within the framework of the FIMECC Rebus programme, which is oriented towards adopting boundary-spanning business models that focus on a high-level cooperation between partners in a project and the development of new, innovative solutions.
Additionally, in recent years, MacGregor has implemented a new, value-oriented approach and has been at the forefront of developing pioneering thinking in the shipping industry. The MacGregor PlusPartner concept for container ships is a good example of such an innovative solution. PlusPartner is a holistic way to maximise a ship's return on investment through a combination of optimised cargo systems and utilisation support.
*For more information please contact:*
Pasi Lehtonen, Senior Vice President, Marketing, Business Development and Strategy, MacGregor, Tel. +358 40 557 6881, Email: pasi.lehtonen@macgregor.com
Jouni Lehtinen, R&D Director, Cargo Handling, MacGregor
Tel. +358 40 729 7655, Email: Jouni.lehtinen@macgregor.com
MacGregor shapes the offshore and marine industries by offering world-leading engineering solutions and services with a strong portfolio of MacGregor, Hatlapa, Porsgrunn, Pusnes and Triplex brands. Shipbuilders, owners and operators are able to optimise the lifetime profitability, safety, reliability and environmental sustainability of their operations by working in close cooperation with MacGregor.
MacGregor solutions and services for handling marine cargoes, vessel operations, offshore loads, crude/LNG transfer and offshore mooring are all designed to perform with the sea. www.macgregor.com
MacGregor is part of Cargotec. Cargotec's (Nasdaq Helsinki: CGCBV) sales in 2016 totalled approximately EUR 3.5 billion and it employs over 11,000 people. www.cargotec.com
DIMECC
DIMECC Ltd. is the leading co-creation platform for digital transformation. DIMECC combines the leading companies from manufacturing and digital industries to the academic research. DIMECC's customers outperformed the non-customers from respective industries during 2009-2014 by all financial measures. www.dimecc.com
Alliance_OneSea
--------------------This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Cargotec Corporation via GlobeNewswire
HUG#2106256 Reported by GlobeNewswire 2 hours ago.
↧
World's rarest marine mammal may go extinct in a year: report
The mammal, named vaquita porpoise, is endemic to the Upper Gulf of California.
Reported by DNA 1 hour ago.
↧
Geological Survey of Denmark and Greenland Survey Confirms that Pituffik Sits Within a Significant New Ilmenite Province
Bluejay Mining plc, the AIM (JAY.L) and FSE (S5WA) listed company with projects in Greenland and Finland, is pleased to announce that a recent study undertaken by the Geological Survey of Denmark and Greenland (‘GEUS’) has confirmed that the region in which the Company’s 100% owned Pituffik Titanium Project in Greenland (‘Pituffik’) is located, represents a very significant ilmenite province (‘the Dundas Province’).
London, UK (PRWEB UK) 22 May 2017
Importantly, the province level study, which covered an area of 300km x 150km, estimates that 10 billion tonnes of ilmenite exist in the original rock with up to 7 billion tonnes of mechanically eroded primary ilmenite made available for placer deposition within the project region. This potential volume of ilmenite is non-JORC but it does highlight that the province is potentially capable of hosting multiple ilmenite operations.
Pituffik contains the highest known proportion of this liberated ilmenite, both in terms of tonnes and grade, within the Dundas Province. This publication supports the Company’s recently reported JORC compliant mineral resource estimate of 23.6Mt at 8.8% ilmenite (in-situ) at Pituffik, which sits within a larger 90Mt to 130Mt exploration target with an in situ in-situ grade of between 6.3% and 8.4% ilmenite (in-situ). The maiden resource and exploration target covers approximately 17% of the raised beach and does not include Interlak or the shallow marine areas. The proposed development will initially start on a high-grade zone of 7.9Mt at 14.2% ilmenite (in-situ).
GEUS’s study involved scrutinising and correlating regional field maps, satellite images and oblique images as well as the regional geology, in particular the relative distribution and volumes of sill and dyke rocks in the sedimentary formations. Petrographic and mineralogical investigations were used to establish the relationship between normative ilmenite content and the true fraction of ilmenite in the source rock.
The Dundas titanium province is a new concept in the raw materials community. Bluejay has tenure over the natural pathway to the development of this newly identified titanium province through Pituffik and has the first mover advantage in this exciting region. This area has now been demonstrated to host a combined total of up to 17 billion tonnes of pure ilmenite both in situ and available as naturally liberated primary ilmenite, with up to 700 million tonnes of ilmenite potentially occurring on the company 68 sq km licence area.
Whilst these numbers are non-JORC, we are internally confident that the Dundas Province, which is analogous to the early stage identification of the west Pilbara iron ore province, will be seen for its true potential in the coming decades. The Company is now focused on the 2017 work programme and production of the feasibility study required for exploitation. Additionally, we are currently in discussions with a potential off-take partner that will facilitate our move towards production in 2018.
To read full press release go to: http://www.titanium.gl/announcements/survey-confirms-pituffik-sits-within-significant-new-ilmenite-province/
Notes:
Bluejay has a number of highly prospective licences at various stages of development in Greenland and Finland. The Company is dual listed on the London AIM market and Frankfurt Stock Exchange.
The Company is currently focussed on advancing the Pituffik Project in Greenland, an area that has only recently revealed its mineral potential following changes in the climate. Pituffik, which Bluejay conditionally acquired in December 2015 and assumed 100% ownership of in March 2017, has demonstrated the potential to be in the top percentile of projects worldwide in terms of heavy mineral grade.
Pituffik comprises three main target areas along an >80km coastline historically proven to contain large and high-grade accumulations of primary ilmenite occurring as placer deposits in the following environments:
Raised beaches; containing ilmenite accumulations over widths of more than 1km, of unknown depths, along more than 20km of coastline;
Active beaches; which refer to the area seaward of the frontal dunes, including the beach, tidal zones and surf zone; and
Drowned beaches; refers to the areas seaward of active beaches.
The Company’s strategy is focused on the production of a bulk sample “proof of concept” from the Pituffik Project in 2017 with the aim of ultimately generating cash flow to create a company capable of self-funding exploration on future acquisitions.
Bluejay also holds a 100% interest in a portfolio of copper, zinc and nickel projects in Finland. This multi-commodity portfolio remains a strategic asset of importance and has been restructured to be cost-sustainable whilst determining the best plan for future development. Reported by PRWeb 50 minutes ago.
London, UK (PRWEB UK) 22 May 2017
Importantly, the province level study, which covered an area of 300km x 150km, estimates that 10 billion tonnes of ilmenite exist in the original rock with up to 7 billion tonnes of mechanically eroded primary ilmenite made available for placer deposition within the project region. This potential volume of ilmenite is non-JORC but it does highlight that the province is potentially capable of hosting multiple ilmenite operations.
Pituffik contains the highest known proportion of this liberated ilmenite, both in terms of tonnes and grade, within the Dundas Province. This publication supports the Company’s recently reported JORC compliant mineral resource estimate of 23.6Mt at 8.8% ilmenite (in-situ) at Pituffik, which sits within a larger 90Mt to 130Mt exploration target with an in situ in-situ grade of between 6.3% and 8.4% ilmenite (in-situ). The maiden resource and exploration target covers approximately 17% of the raised beach and does not include Interlak or the shallow marine areas. The proposed development will initially start on a high-grade zone of 7.9Mt at 14.2% ilmenite (in-situ).
GEUS’s study involved scrutinising and correlating regional field maps, satellite images and oblique images as well as the regional geology, in particular the relative distribution and volumes of sill and dyke rocks in the sedimentary formations. Petrographic and mineralogical investigations were used to establish the relationship between normative ilmenite content and the true fraction of ilmenite in the source rock.
The Dundas titanium province is a new concept in the raw materials community. Bluejay has tenure over the natural pathway to the development of this newly identified titanium province through Pituffik and has the first mover advantage in this exciting region. This area has now been demonstrated to host a combined total of up to 17 billion tonnes of pure ilmenite both in situ and available as naturally liberated primary ilmenite, with up to 700 million tonnes of ilmenite potentially occurring on the company 68 sq km licence area.
Whilst these numbers are non-JORC, we are internally confident that the Dundas Province, which is analogous to the early stage identification of the west Pilbara iron ore province, will be seen for its true potential in the coming decades. The Company is now focused on the 2017 work programme and production of the feasibility study required for exploitation. Additionally, we are currently in discussions with a potential off-take partner that will facilitate our move towards production in 2018.
To read full press release go to: http://www.titanium.gl/announcements/survey-confirms-pituffik-sits-within-significant-new-ilmenite-province/
Notes:
Bluejay has a number of highly prospective licences at various stages of development in Greenland and Finland. The Company is dual listed on the London AIM market and Frankfurt Stock Exchange.
The Company is currently focussed on advancing the Pituffik Project in Greenland, an area that has only recently revealed its mineral potential following changes in the climate. Pituffik, which Bluejay conditionally acquired in December 2015 and assumed 100% ownership of in March 2017, has demonstrated the potential to be in the top percentile of projects worldwide in terms of heavy mineral grade.
Pituffik comprises three main target areas along an >80km coastline historically proven to contain large and high-grade accumulations of primary ilmenite occurring as placer deposits in the following environments:
Raised beaches; containing ilmenite accumulations over widths of more than 1km, of unknown depths, along more than 20km of coastline;
Active beaches; which refer to the area seaward of the frontal dunes, including the beach, tidal zones and surf zone; and
Drowned beaches; refers to the areas seaward of active beaches.
The Company’s strategy is focused on the production of a bulk sample “proof of concept” from the Pituffik Project in 2017 with the aim of ultimately generating cash flow to create a company capable of self-funding exploration on future acquisitions.
Bluejay also holds a 100% interest in a portfolio of copper, zinc and nickel projects in Finland. This multi-commodity portfolio remains a strategic asset of importance and has been restructured to be cost-sustainable whilst determining the best plan for future development. Reported by PRWeb 50 minutes ago.
↧
Geological Survey of Denmark and Greenland Confirms that Pituffik Sits Within a Significant New Ilmenite Province
Bluejay Mining plc, the AIM (JAY.L) and FSE (S5WA) listed company with projects in Greenland and Finland, is pleased to announce that a recent study undertaken by the Geological Survey of Denmark and Greenland (‘GEUS’) has confirmed that the region in which the Company’s 100% owned Pituffik Titanium Project in Greenland (‘Pituffik’) is located, represents a very significant ilmenite province (‘the Dundas Province’).
London, UK (PRWEB) May 22, 2017
Importantly, the province level study, which covered an area of 300km x 150km, estimates that 10 billion tonnes of ilmenite exist in the original rock with up to 7 billion tonnes of mechanically eroded primary ilmenite made available for placer deposition within the project region. This potential volume of ilmenite is non-JORC but it does highlight that the province is potentially capable of hosting multiple ilmenite operations.
Pituffik contains the highest known proportion of this liberated ilmenite, both in terms of tonnes and grade, within the Dundas Province. This publication supports the Company’s recently reported JORC compliant mineral resource estimate of 23.6Mt at 8.8% ilmenite (in-situ) at Pituffik, which sits within a larger 90Mt to 130Mt exploration target with an in situ in-situ grade of between 6.3% and 8.4% ilmenite (in-situ). The maiden resource and exploration target covers approximately 17% of the raised beach and does not include Interlak or the shallow marine areas. The proposed development will initially start on a high-grade zone of 7.9Mt at 14.2% ilmenite (in-situ).
GEUS’s study involved scrutinising and correlating regional field maps, satellite images and oblique images as well as the regional geology, in particular the relative distribution and volumes of sill and dyke rocks in the sedimentary formations. Petrographic and mineralogical investigations were used to establish the relationship between normative ilmenite content and the true fraction of ilmenite in the source rock.
The Dundas titanium province is a new concept in the raw materials community. Bluejay has tenure over the natural pathway to the development of this newly identified titanium province through Pituffik and has the first mover advantage in this exciting region. This area has now been demonstrated to host a combined total of up to 17 billion tonnes of pure ilmenite both in situ and available as naturally liberated primary ilmenite, with up to 700 million tonnes of ilmenite potentially occurring on the company 68 sq km licence area.
Whilst these numbers are non-JORC, we are internally confident that the Dundas Province, which is analogous to the early stage identification of the west Pilbara iron ore province, will be seen for its true potential in the coming decades. The Company is now focused on the 2017 work programme and production of the feasibility study required for exploitation. Additionally, we are currently in discussions with a potential off-take partner that will facilitate our move towards production in 2018.
To read full press release go to: http://www.titanium.gl/announcements/survey-confirms-pituffik-sits-within-significant-new-ilmenite-province/
Notes:
Bluejay has a number of highly prospective licences at various stages of development in Greenland and Finland. The Company is dual listed on the London AIM market and Frankfurt Stock Exchange.
The Company is currently focussed on advancing the Pituffik Project in Greenland, an area that has only recently revealed its mineral potential following changes in the climate. Pituffik, which Bluejay conditionally acquired in December 2015 and assumed 100% ownership of in March 2017, has demonstrated the potential to be in the top percentile of projects worldwide in terms of heavy mineral grade.
Pituffik comprises three main target areas along an >80km coastline historically proven to contain large and high-grade accumulations of primary ilmenite occurring as placer deposits in the following environments:
Raised beaches; containing ilmenite accumulations over widths of more than 1km, of unknown depths, along more than 20km of coastline;
Active beaches; which refer to the area seaward of the frontal dunes, including the beach, tidal zones and surf zone; and
Drowned beaches; refers to the areas seaward of active beaches.
The Company’s strategy is focused on the production of a bulk sample “proof of concept” from the Pituffik Project in 2017 with the aim of ultimately generating cash flow to create a company capable of self-funding exploration on future acquisitions.
Bluejay also holds a 100% interest in a portfolio of copper, zinc and nickel projects in Finland. This multi-commodity portfolio remains a strategic asset of importance and has been restructured to be cost-sustainable whilst determining the best plan for future development. Reported by PRWeb 50 minutes ago.
London, UK (PRWEB) May 22, 2017
Importantly, the province level study, which covered an area of 300km x 150km, estimates that 10 billion tonnes of ilmenite exist in the original rock with up to 7 billion tonnes of mechanically eroded primary ilmenite made available for placer deposition within the project region. This potential volume of ilmenite is non-JORC but it does highlight that the province is potentially capable of hosting multiple ilmenite operations.
Pituffik contains the highest known proportion of this liberated ilmenite, both in terms of tonnes and grade, within the Dundas Province. This publication supports the Company’s recently reported JORC compliant mineral resource estimate of 23.6Mt at 8.8% ilmenite (in-situ) at Pituffik, which sits within a larger 90Mt to 130Mt exploration target with an in situ in-situ grade of between 6.3% and 8.4% ilmenite (in-situ). The maiden resource and exploration target covers approximately 17% of the raised beach and does not include Interlak or the shallow marine areas. The proposed development will initially start on a high-grade zone of 7.9Mt at 14.2% ilmenite (in-situ).
GEUS’s study involved scrutinising and correlating regional field maps, satellite images and oblique images as well as the regional geology, in particular the relative distribution and volumes of sill and dyke rocks in the sedimentary formations. Petrographic and mineralogical investigations were used to establish the relationship between normative ilmenite content and the true fraction of ilmenite in the source rock.
The Dundas titanium province is a new concept in the raw materials community. Bluejay has tenure over the natural pathway to the development of this newly identified titanium province through Pituffik and has the first mover advantage in this exciting region. This area has now been demonstrated to host a combined total of up to 17 billion tonnes of pure ilmenite both in situ and available as naturally liberated primary ilmenite, with up to 700 million tonnes of ilmenite potentially occurring on the company 68 sq km licence area.
Whilst these numbers are non-JORC, we are internally confident that the Dundas Province, which is analogous to the early stage identification of the west Pilbara iron ore province, will be seen for its true potential in the coming decades. The Company is now focused on the 2017 work programme and production of the feasibility study required for exploitation. Additionally, we are currently in discussions with a potential off-take partner that will facilitate our move towards production in 2018.
To read full press release go to: http://www.titanium.gl/announcements/survey-confirms-pituffik-sits-within-significant-new-ilmenite-province/
Notes:
Bluejay has a number of highly prospective licences at various stages of development in Greenland and Finland. The Company is dual listed on the London AIM market and Frankfurt Stock Exchange.
The Company is currently focussed on advancing the Pituffik Project in Greenland, an area that has only recently revealed its mineral potential following changes in the climate. Pituffik, which Bluejay conditionally acquired in December 2015 and assumed 100% ownership of in March 2017, has demonstrated the potential to be in the top percentile of projects worldwide in terms of heavy mineral grade.
Pituffik comprises three main target areas along an >80km coastline historically proven to contain large and high-grade accumulations of primary ilmenite occurring as placer deposits in the following environments:
Raised beaches; containing ilmenite accumulations over widths of more than 1km, of unknown depths, along more than 20km of coastline;
Active beaches; which refer to the area seaward of the frontal dunes, including the beach, tidal zones and surf zone; and
Drowned beaches; refers to the areas seaward of active beaches.
The Company’s strategy is focused on the production of a bulk sample “proof of concept” from the Pituffik Project in 2017 with the aim of ultimately generating cash flow to create a company capable of self-funding exploration on future acquisitions.
Bluejay also holds a 100% interest in a portfolio of copper, zinc and nickel projects in Finland. This multi-commodity portfolio remains a strategic asset of importance and has been restructured to be cost-sustainable whilst determining the best plan for future development. Reported by PRWeb 50 minutes ago.
↧
↧
France's Le Pen abandons 'Frexit' and franc pitch, Telegraph newspaper says
LONDON (Reuters) - France's National Front leader Marine Le Pen will abandon her pitch to leave the European Union and restore the French franc, the party’s chief economic strategist was quoted as saying by Britain's Telegraph newspaper.
Reported by Reuters India 21 hours ago.
↧
In troubled waters
For centuries, people in India have known the stories of the 12 incarnations of Lord Vishnu including the Kurma (turtle) avatar. It is believed that this avatar helped the devas and the asuras churn out the amrut or life giving nectar from the ocean. In the scientific world, while there is little place for such mythological fiction, it is not wrong to assume that the turtles of our natural world are an important agent of life that are helping pass on crucial nutrients from the oceans to the lands.
Because of their unusual life cycles, turtles spend their life in the seas but come on the shores for nesting and breeding thus enriching the energy-poor habitats on land such as the sandy beaches with marine nutrients. This simple ecological service by the turtles has been crucial in shaping the coastline of the country including that of Karnataka. And yet, the winds of change bring with themselves destruction, fragmentation and threats of poaching to the turtles, making it more and more difficult for them to survive.
Five species of the sea turtles are known to inhabit the Indian coastal waters and islands. These are the olive ridley, green, hawksbill, loggerhead and the leatherback turtles. Except the loggerhead, the remaining four species nest along the Indian coast with the olive ridley turtles being the most famous, gathering in thousands annually for their mass nesting along the coast of Odisha. Besides these, India is also home to 28 other species of tortoise and freshwater turtles 25 of which are threatened.*Dangers turtles face
*
In 2011, the International Union for Conservation of Nature (IUCN) found in its research that 54% of the global turtle population was under the threat of extinction. This included four species from India - the critically endangered red-crowned roof turtle (Batagur kachuga), the endangered Asian forest tortoise (Manouria emys), the extinct black softshell turtle (Nilssonia nigricans) and Cantor's giant softshell turtle (Pelochelys cantorii). Rick Hudson, President of the Turtle Survival Alliance (TSA), calls this the most significant wildlife crisis of our times because the turtles are not dying individually but in masses, and in most cases, these massive scale wipe outs are because of human interventions.
Take the case of Karnataka. Turtle nesting is of sporadic nature in the state, and research on the turtles has been limited here.
Still, a Government of India-UNDP sea turtle project identified 40 nesting locations along three districts of Karnataka — Dakshina Kannada, Udupi and Uttara Kannada in 2001-2002. Beach surveys indicate that the olive ridley nesting season occurs across Udupi from September until February, with some seasonal variability in the peak nesting season. A survey in 2008 indicated the presence of green turtles in Nethrani and Hog islands in the Uttara Kannada area. The survey also found that these were the feeding grounds of green turtles that nested on Sri Lankan beaches.
Even with the limited numbers, turtles coming to feed or breed off the coasts of Karnataka are a target for humans. Excessive harvesting of turtle eggs and accidental capture in fishing nets are some of the major risks faced. Other factors such as pollution from marine debris and toxic chemicals, sand mining, destruction of important habitats like mangroves pile on, creating a number of big and small hurdles for the turtles in every stage of their lives — whether as eggs, hatchlings or adults.
This scenario in not unique to Karnataka but replicated in a much larger scale in other states on the east and west coast of the country as well, where the habitat is much more expansive for the turtles. Thus, while the natural obstacles for the turtles are staggering, it is man-made pressure that is making the world an unbelievably alien place to survive for these animals.
Extinction risks for the freshwater turtles are no less. In January, two persons were arrested in Karnataka by the Forest Department for trying to sell a special species of turtle with '12 nails' for a pricey amount of Rs 15 lakh. If not rescued on time, the poor animal would have ended becoming an aid for performing black magic, believe the forest officials. In
the illegal wildlife markets, especially near the river beds like that of River Tungabhadra, it is common to find turtles and terrapins being sold for consumption for somewhere between Rs 100 and 200 per kg. Caught live, the turtles are kept upside down to prevent them from walking and escaping and are often severely dehydrated.*Towards conservation
*
Despite the challenges, the efforts taken by some organisations and the state forest departments have not been in vain. Sometimes, the cultural significance and traditional reverence for the turtles have helped experts and conservationists in encouraging people to save rather than kill the turtles. A World Wide Fund for Nature (WWF)-lead survey of the turtle species in India found that the turtles in the Uttara Kannada district in Karnataka are considered sacred and are revered by local communities and furthermore, some even refrain from any physical contact with the animals.
Incidents have been recorded where fishermen have willingly damaged their nets and released the turtles trapped accidently while fishing.
Another interesting aspect shows that fishing communities, such as the Kharvis of Apsarakonda in Uttara Kannada, have banned all activities found dangerous to sea turtles with a community court penalising anyone found in possession of a turtle or its eggs. Such practices though in very limited area, indicate the general perception of the local community towards conservation, and a community engagement programme can only scale it towards better managed turtle conservation.
At places like Honnavar and Kundapura areas, for decades now, Field Services and Intercultural Learning (FSL) India and the Canara Green Academy operate with the explicit aim of protecting turtle eggs from consumption, and conducting awareness campaigns within coastal communities. These non-profit organisations work closely with the members of the local artisanal fishing community to implement environment-friendly strategies for coastal development and to assist in the protection of key turtle nesting habitats.
Initially, the organisations purchased turtle eggs from the sellers and relocated into hatcheries for conservation. Later, Canara Green Academy evolved a unique method of involving poachers in conservation by turning them into informants and giving them honorariums for their services. This strategy has helped avoid the purchase of eggs and reduce its consumption by the local communities.
The achievements being made at a local level in each turtle habitat across the country are worth noticing and point to the fact that empowering locals is always a good way to permeate the ideas of conservation. If a network is created where successful strategies implemented at one place can easily be relayed in other locations with similar challenges, the entire stretch of coastal India can indeed work towards a common goal of saving the much revered turtles. Reported by Deccan Herald 11 hours ago.
Because of their unusual life cycles, turtles spend their life in the seas but come on the shores for nesting and breeding thus enriching the energy-poor habitats on land such as the sandy beaches with marine nutrients. This simple ecological service by the turtles has been crucial in shaping the coastline of the country including that of Karnataka. And yet, the winds of change bring with themselves destruction, fragmentation and threats of poaching to the turtles, making it more and more difficult for them to survive.
Five species of the sea turtles are known to inhabit the Indian coastal waters and islands. These are the olive ridley, green, hawksbill, loggerhead and the leatherback turtles. Except the loggerhead, the remaining four species nest along the Indian coast with the olive ridley turtles being the most famous, gathering in thousands annually for their mass nesting along the coast of Odisha. Besides these, India is also home to 28 other species of tortoise and freshwater turtles 25 of which are threatened.*Dangers turtles face
*
In 2011, the International Union for Conservation of Nature (IUCN) found in its research that 54% of the global turtle population was under the threat of extinction. This included four species from India - the critically endangered red-crowned roof turtle (Batagur kachuga), the endangered Asian forest tortoise (Manouria emys), the extinct black softshell turtle (Nilssonia nigricans) and Cantor's giant softshell turtle (Pelochelys cantorii). Rick Hudson, President of the Turtle Survival Alliance (TSA), calls this the most significant wildlife crisis of our times because the turtles are not dying individually but in masses, and in most cases, these massive scale wipe outs are because of human interventions.
Take the case of Karnataka. Turtle nesting is of sporadic nature in the state, and research on the turtles has been limited here.
Still, a Government of India-UNDP sea turtle project identified 40 nesting locations along three districts of Karnataka — Dakshina Kannada, Udupi and Uttara Kannada in 2001-2002. Beach surveys indicate that the olive ridley nesting season occurs across Udupi from September until February, with some seasonal variability in the peak nesting season. A survey in 2008 indicated the presence of green turtles in Nethrani and Hog islands in the Uttara Kannada area. The survey also found that these were the feeding grounds of green turtles that nested on Sri Lankan beaches.
Even with the limited numbers, turtles coming to feed or breed off the coasts of Karnataka are a target for humans. Excessive harvesting of turtle eggs and accidental capture in fishing nets are some of the major risks faced. Other factors such as pollution from marine debris and toxic chemicals, sand mining, destruction of important habitats like mangroves pile on, creating a number of big and small hurdles for the turtles in every stage of their lives — whether as eggs, hatchlings or adults.
This scenario in not unique to Karnataka but replicated in a much larger scale in other states on the east and west coast of the country as well, where the habitat is much more expansive for the turtles. Thus, while the natural obstacles for the turtles are staggering, it is man-made pressure that is making the world an unbelievably alien place to survive for these animals.
Extinction risks for the freshwater turtles are no less. In January, two persons were arrested in Karnataka by the Forest Department for trying to sell a special species of turtle with '12 nails' for a pricey amount of Rs 15 lakh. If not rescued on time, the poor animal would have ended becoming an aid for performing black magic, believe the forest officials. In
the illegal wildlife markets, especially near the river beds like that of River Tungabhadra, it is common to find turtles and terrapins being sold for consumption for somewhere between Rs 100 and 200 per kg. Caught live, the turtles are kept upside down to prevent them from walking and escaping and are often severely dehydrated.*Towards conservation
*
Despite the challenges, the efforts taken by some organisations and the state forest departments have not been in vain. Sometimes, the cultural significance and traditional reverence for the turtles have helped experts and conservationists in encouraging people to save rather than kill the turtles. A World Wide Fund for Nature (WWF)-lead survey of the turtle species in India found that the turtles in the Uttara Kannada district in Karnataka are considered sacred and are revered by local communities and furthermore, some even refrain from any physical contact with the animals.
Incidents have been recorded where fishermen have willingly damaged their nets and released the turtles trapped accidently while fishing.
Another interesting aspect shows that fishing communities, such as the Kharvis of Apsarakonda in Uttara Kannada, have banned all activities found dangerous to sea turtles with a community court penalising anyone found in possession of a turtle or its eggs. Such practices though in very limited area, indicate the general perception of the local community towards conservation, and a community engagement programme can only scale it towards better managed turtle conservation.
At places like Honnavar and Kundapura areas, for decades now, Field Services and Intercultural Learning (FSL) India and the Canara Green Academy operate with the explicit aim of protecting turtle eggs from consumption, and conducting awareness campaigns within coastal communities. These non-profit organisations work closely with the members of the local artisanal fishing community to implement environment-friendly strategies for coastal development and to assist in the protection of key turtle nesting habitats.
Initially, the organisations purchased turtle eggs from the sellers and relocated into hatcheries for conservation. Later, Canara Green Academy evolved a unique method of involving poachers in conservation by turning them into informants and giving them honorariums for their services. This strategy has helped avoid the purchase of eggs and reduce its consumption by the local communities.
The achievements being made at a local level in each turtle habitat across the country are worth noticing and point to the fact that empowering locals is always a good way to permeate the ideas of conservation. If a network is created where successful strategies implemented at one place can easily be relayed in other locations with similar challenges, the entire stretch of coastal India can indeed work towards a common goal of saving the much revered turtles. Reported by Deccan Herald 11 hours ago.
↧
Le Pen Would Accept Exit of French Party No 2 on Euro Issue
French far-right leader Marine Le Pen says she would find it natural if the National Front's No. 2 official leaves the party if it drops one of the top issues she defended during her unsuccessful run for the presidency: giving up the euro currency.Le Pen said Monday that it...
Reported by Newsmax 19 hours ago.
↧
Chaos of climate change, inside a laboratory
Climate change will alter the ecosystems that humanity depends upon in the coming century. But given the complexity of the living world, how can you learn what may happen? A team of Australian scientists has an answer: miniature ecosystems designed to simulate the effect of climate change.
The experiments are already revealing dangers that would have been missed had researchers tried to study individual species in isolation. "If you just take one fish and put it in a tank and see how it responds to temperature, you can imagine that's a huge simplification of reality," said Ivan Nagelkerken, an ecologist at the University of Adelaide who is leading the research effort.
*
Testing the effects
*
Yet studying an entire ecosystem in nature, made up of thousands of species, has its own drawbacks. "In nature you have all this complexity, and you never know which factor is really causing the outcome you're observing," Ivan said. Between these two extremes, Ivan and his colleagues have tried to create a happy medium.
They filled 12 pools with 475 gallons of seawater apiece and built simple ocean ecosystems in each one. They put sand and rocks on the bottom of the pools, along with artificial sea grass on which algae could grow. They stocked their small-scale ecosystems, called mesocosms, with local species of crustaceans and other invertebrates, which grazed on the algae. For predators, they added a small fish known as the Southern longfin goby, which feeds on invertebrates.
To test the effects of climate change, Ivan and his colleagues manipulated the water in the pools. In three of them, the researchers raised the temperature by five degrees — a conservative projection of how warm water off the coast of South Australia will get. The scientists also studied the effect of the carbon dioxide that is raising the planet's temperature. The gas is dissolving into the oceans, making them more acidic and potentially causing harm to marine animals and plants.
Yet the extra carbon dioxide can be used by algae to carry out more photosynthesis. To measure the overall effect, Ivan and his colleagues pumped the gas into three of the pools, keeping them at today's ocean temperatures. In three others, the researchers made both changes, heating up the water and pumping in carbon dioxide. The scientists left the remaining three pools unaltered, to serve as a baseline for measuring changes in the other nine pools.
On its own, Ivan and his colleagues found, carbon dioxide benefited all three layers of the food web. Algae grew faster, providing more food to the invertebrates. The invertebrates, in turn, provided more food to the gobies. But the combination of extra carbon dioxide with warmer water wiped out that benefit. Even with extra algae to eat, the invertebrates failed to grow faster, perhaps because the algae provide less nutrition when they grow at higher temperatures. It is also possible that the invertebrates are under too much stress in warmer water to grow more.
The invertebrates also faced more pressure from their predators. The warm water sped up the metabolism of the gobies, making them hungrier. They devoured more invertebrates. Hammered from above and below, the invertebrate populations collapsed.
Mary I O'Connor, an ecologist at the University of British Columbia, Canada who was not involved in the Australian research, praised it as an ambitious advance on earlier studies. "It's showed us something we haven't seen before," she said. Ivan and his colleagues published initial results from these mesocosm studies last month in the journal Global Change Biology.*Ominous implications
*
In a separate report published in the February issue of the journal Oikos, Ivan and his colleagues reported evidence that acidification can interfere with the ability of fish to hunt. In that study, the researchers raised a species of sharks in warm, acidified seawater. They found that the sharks hunted more for sea urchins, one of the species they eat because of higher temperatures. But they were less successful at detecting prey, most likely because the altered chemistry of the seawater interfered with their nervous systems.
Ivan said these experiments had ominous implications for ocean ecosystems — as well as for the 3.1 billion people worldwide who depend on fish for 20% or more of their protein. "As you go further higher up the food web, you get more of a mismatch between the need for food and the availability of food," Ivan said. And it is the species high in the ocean's food webs that we fish for.
Just how vulnerable fish will be depends on their individual ecosystems. Ivan said he hoped the studies he and his colleagues are carrying out will prompt other researchers to replicate them with species and conditions from other parts of the world. "These kinds of experiments are essential tools for understanding change in nature," Mary, the University of British Columbia ecologist, said. Ivan's research, she said, "is not a prediction of the future, but it is nice proof that we can expect food web reorganisation with continued ocean warming and acidification." Reported by Deccan Herald 10 hours ago.
The experiments are already revealing dangers that would have been missed had researchers tried to study individual species in isolation. "If you just take one fish and put it in a tank and see how it responds to temperature, you can imagine that's a huge simplification of reality," said Ivan Nagelkerken, an ecologist at the University of Adelaide who is leading the research effort.
*
Testing the effects
*
Yet studying an entire ecosystem in nature, made up of thousands of species, has its own drawbacks. "In nature you have all this complexity, and you never know which factor is really causing the outcome you're observing," Ivan said. Between these two extremes, Ivan and his colleagues have tried to create a happy medium.
They filled 12 pools with 475 gallons of seawater apiece and built simple ocean ecosystems in each one. They put sand and rocks on the bottom of the pools, along with artificial sea grass on which algae could grow. They stocked their small-scale ecosystems, called mesocosms, with local species of crustaceans and other invertebrates, which grazed on the algae. For predators, they added a small fish known as the Southern longfin goby, which feeds on invertebrates.
To test the effects of climate change, Ivan and his colleagues manipulated the water in the pools. In three of them, the researchers raised the temperature by five degrees — a conservative projection of how warm water off the coast of South Australia will get. The scientists also studied the effect of the carbon dioxide that is raising the planet's temperature. The gas is dissolving into the oceans, making them more acidic and potentially causing harm to marine animals and plants.
Yet the extra carbon dioxide can be used by algae to carry out more photosynthesis. To measure the overall effect, Ivan and his colleagues pumped the gas into three of the pools, keeping them at today's ocean temperatures. In three others, the researchers made both changes, heating up the water and pumping in carbon dioxide. The scientists left the remaining three pools unaltered, to serve as a baseline for measuring changes in the other nine pools.
On its own, Ivan and his colleagues found, carbon dioxide benefited all three layers of the food web. Algae grew faster, providing more food to the invertebrates. The invertebrates, in turn, provided more food to the gobies. But the combination of extra carbon dioxide with warmer water wiped out that benefit. Even with extra algae to eat, the invertebrates failed to grow faster, perhaps because the algae provide less nutrition when they grow at higher temperatures. It is also possible that the invertebrates are under too much stress in warmer water to grow more.
The invertebrates also faced more pressure from their predators. The warm water sped up the metabolism of the gobies, making them hungrier. They devoured more invertebrates. Hammered from above and below, the invertebrate populations collapsed.
Mary I O'Connor, an ecologist at the University of British Columbia, Canada who was not involved in the Australian research, praised it as an ambitious advance on earlier studies. "It's showed us something we haven't seen before," she said. Ivan and his colleagues published initial results from these mesocosm studies last month in the journal Global Change Biology.*Ominous implications
*
In a separate report published in the February issue of the journal Oikos, Ivan and his colleagues reported evidence that acidification can interfere with the ability of fish to hunt. In that study, the researchers raised a species of sharks in warm, acidified seawater. They found that the sharks hunted more for sea urchins, one of the species they eat because of higher temperatures. But they were less successful at detecting prey, most likely because the altered chemistry of the seawater interfered with their nervous systems.
Ivan said these experiments had ominous implications for ocean ecosystems — as well as for the 3.1 billion people worldwide who depend on fish for 20% or more of their protein. "As you go further higher up the food web, you get more of a mismatch between the need for food and the availability of food," Ivan said. And it is the species high in the ocean's food webs that we fish for.
Just how vulnerable fish will be depends on their individual ecosystems. Ivan said he hoped the studies he and his colleagues are carrying out will prompt other researchers to replicate them with species and conditions from other parts of the world. "These kinds of experiments are essential tools for understanding change in nature," Mary, the University of British Columbia ecologist, said. Ivan's research, she said, "is not a prediction of the future, but it is nice proof that we can expect food web reorganisation with continued ocean warming and acidification." Reported by Deccan Herald 10 hours ago.
↧
↧
Kindness charity takes over Devon hotel
A Torbay hotel has been taken over by a charity. The Preston Sands Hotel in Marine Drive, Preston, has been bought by Hugh Callacher, the founder trustee of the charity The Missing Kind and also the major personal funder of the charity, dedicated to develop the charity for a sustainable future.Hugh said: "The charity that now owns the hotel is my life's purpose and I make no apology for developing the hotel for maximum commercial contribution and functionality for our charitable aims. The...
Reported by Western Morning News 19 hours ago.
↧
France's Marine Le Pen will abandon her bid for 'Frexit'
Marine Le Pen, beaten to the presidency this month by pro-European Emmanuel Macron, will also drop her pitch to restore the French franc, according to her party's chief economic strategist.
Reported by MailOnline 19 hours ago.
↧
Ship traffic, May 22
Ship traffic Due to arrive today SHIP FROM PORT CSCL Spring Long Beach OAK Ever Liven Los Angeles OAK Maui Seattle OAK NYK Romulus Vacouver, British Columbia OAK Orion Leader Port Hueneme, Ventura County BNC Ricarda Los Angeles SCK Yantian Express Los Angeles OAK Due to depart today SHIP TO PORT CMA CGM Otello Hong Kong OAK Ever Smart Tacoma, Wash. OAK Humber Bridge Busan, South Korea OAK Mol Creation Hong Kong OAK NYK Demeter Tokyo OAK Seaspan Chiwan Seattle OAK Source: S.F. Marine Exchange
Reported by SFGate 18 hours ago.
↧
The reported firing of Ford CEO Mark Fields is 'like a coup' (F)
With Ford Motor Co. expected to announce the departure of CEO Mark Fields, some industry experts are calling it a takeover from within.Fields' reported replacement, James Hackett, is the chairman of the Ford unit that works on autonomous vehicles. Ford's board of directors and Chairman Bill Ford Jr. have been unhappy with the company's performance, and sought more reassurance that investments in self-driving cars, electric vehicles and ride services would pay off.
"This is like a coup we think, a coup from an outsider, a turnaround specialist and the head of AVs," Paul Moran, head of research at Northern Trust Capital Markets, wrote in a client note on Monday. "This is a radical move."
Ford shares are down nearly 40 percent since Fields took over three years ago, at the peak of the US auto industry's recovery. Now, US auto sales are slipping, and Ford's profit margins are trailing those of larger rival General Motors Co.
Following the stock price slide, Ford's market cap is now roughly $43 billion, trailing GM's value of $49 billion. Both companies trail Tesla, which is presently valued at about $51 billion.
The contrast is a dramatic sign of how little confidence investors have that old-line automakers can transition to a future where software substitutes for pistons and transportation is sold by the mile or the minute.
"The board seems to have lost patience with the lackluster share price," said Moran. "This is the essence of PeakCar — a weakening cycle and long-term structural threats. Watch this space, there is more disruption coming."
*SEE ALSO: Elon Musk just admitted that Tesla's stock is out of control*
Join the conversation about this story »
NOW WATCH: The Marine Corps is testing a machine gun-wielding robot controlled with just a tablet and a joystick Reported by Business Insider 18 hours ago.
↧
↧
"Semper Fi" - cast: Sam Claflin, Nat Wolff
*Release date :* TBA 2019
*Synopsis :* Hopper is a straight-laced cop who fills his downtime as a sergeant in the Marine Corps Reservists alongside a close-knit ... Reported by AceShowbiz 16 hours ago.
*Synopsis :* Hopper is a straight-laced cop who fills his downtime as a sergeant in the Marine Corps Reservists alongside a close-knit ... Reported by AceShowbiz 16 hours ago.
↧
The Russian ruble is rallying as oil climbs
The Russian ruble is rallying as oil prices climb ahead of OPEC's meeting in Vienna later this week.The petrocurrency was up by 0.4% at 56.6961 per dollar as of 7:55 a.m. ET.
Brent crude oil, the international benchmark, was higher by 0.9% at $54.09 per barrel, while WTI crude oil, the US benchmark, was up by 1.0% at $51.16 per barrel.
OPEC officials are meeting Thursday, and will be discussing whether to extend production cuts.
As for the rest of the world, here's the scoreboard as of 8:04 a.m. ET:
· The US dollar index is down by 0.2% at 96.98 ahead of a busy day for Fed speak. Patrick Harker, Neel Kashkari, Lael Brainard, and Charles Evans will all be taking the mic Monday.
· The Japanese yen is little changed at 111.34 per dollar after data showed Japan's trade surplus narrowed to 481.7 billion yen in April as exports to China rose by 14.8% versus a year ago.
· The euro is up by 0.3% at 1.1242 against the dollar and trading at its best level since November 9, the day following Trump's election win.
· The British pound is little changed at 1.3020 against the dollar.
*SEE ALSO: An Ivy League professor explains chaos theory, the prisoner's dilemma, and why math isn't really boring*
Join the conversation about this story »
NOW WATCH: The Marine Corps is testing a machine gun-wielding robot controlled with just a tablet and a joystick Reported by Business Insider 17 hours ago.
↧
LCI Industries acquires Marine and RV Seating Business of Lexington, LLC
Reported by SeekingAlpha 17 hours ago.
↧
More Pages to Explore .....
