TORONTO — Vancouver is the second most unaffordable housing market in the world after Hong Kong, according to a new study of major property markets.That could spell trouble for homeowners if mortgage rates rise, economists say.“Given how high house prices are relative to household incomes, you’d only have to see a moderate increase in mortgage rates to have a really huge hit to affordability,” said David Madani, Canada economist at Capital Economics.The annual Demographia International Housing Affordability Survey ranks real estate markets in Canada, the United States, Australia, China, Ireland, Japan, New Zealand, Singapore and the United Kingdom.The survey calculates affordability by comparing median house prices with median incomes — the higher home prices relative to incomes, the more unaffordable the market.Condo option gains ground as price gap with low-rise homes soars to record $251,000How Airbnb renters are helping Canadians pay off their mortgage in a grey-market areaHow once-booming Calgary is now becoming the drag on national home pricesCities like Vancouver and Toronto, where house prices are significantly higher than incomes, would be hit hardest by a spike in mortgage interest rates, Madani said. Many homeowners could find themselves struggling to make monthly payments.In Vancouver, median home prices were 10.6 times higher than median incomes in 2014. That’s the worst affordability ranking Vancouver has ever received in the survey’s 11-year history, and an increase from 2013 when prices were about the 10.3 times higher than incomes.In Toronto, median home prices were about 6.5 times higher than median incomes last year.You’d only have to see a moderate increase in mortgage rates to have a really huge hit to affordabilityA report released Monday by TD Economics said even a mortgage increase of two percentage points could cause financial hardship among Greater Toronto Area homeowners, pushing up the number of residents who devote 30% of their income to mortgage payments to 20% from 16%.Although Vancouver was the only Canadian city that made it to the Top 10 list, housing markets in Toronto, as well as in Victoria, Kelowna and the Fraser Valley in B.C., were also ranked as unaffordable by the Demographia study.The report blames Ontario’s urban containment policy, a development plan that strives to prevent urban sprawl, for Toronto’s swelling home prices.Meanwhile, Moncton, N.B., was ranked Canada’s most affordable market.Fredericton and Saint John, N.B., Windsor, Ont., and Charlottetown were also ranked as affordable places to buy homes.Overall, the study ranks Canada as “seriously unaffordable,” with home prices in major urban markets about 4.3 times higher than incomes, while for Canadian real estate markets overall, median home prices are 3.9 times median incomes.The Bank of Canada had been expected to raise its trend-setting interest rate, which has been at one per cent for more than four years, this fall. Economists now say that’s unlikely, given that the collapse in the price of oil is likely to stunt economic growth.However, Madani says even if the central bank remains in a “holding pattern,” Canadian mortgage rates could rise in response to economic recovery south of the border and policy actions from the U.S. Federal Reserve.“We can expect the U.S. Federal Reserve to soon begin to raise interest rates, and with that we expect to see rising U.S. Treasury yields,” Madani said. “On that basis, we have been expecting long-term interest rates in Canada to go up, and those rates are what really, in some sense, determine or influence mortgage rates.
Guests joined the British High Commissioner, James Dauris, and the British Council Country Director for Sri Lanka, Gill Caldicott, to celebrate the long friendship and many links that Sri Lanka and the UK enjoy. The High Commissioner ended his speech to guests looking to the future.“I would like to end with a quotation I have used before from the speech The Queen gave during her second visit to Sri Lanka in October 1981:“Britain and Sri Lanka have had a long association and stand together as equal, independent members of the Commonwealth. We may be geographically far apart, but we are friends and shall remain so.” “This evening gives us the opportunity to celebrate the many things that link us, link our countries and link our peoples, as friends. We have chosen today in particular to celebrate 70 years of having the British Council in Sri Lanka.“Through its work in English, its libraries and the exams it organises, it supports personal growth and helps equip young Sri Lankans for the worlds of higher education and work.“We celebrate the Council’s first 70 years in Sri Lanka tonight because it has done so much of which we can be proud. We look forward to its next 70 years confident that it will do so much more that we will have good reason to be proud of in the future.” Parliamentarians, representatives of the international community and civil society, and religious and business leaders attended the event. The High Commissioner also thanked the sponsors of the evening; London Stock Exchange Group, De La Rue, HSBC, Jaguar Land Rover, Pearson and Finlays. He commented that these companies’ stories of successful investment demonstrate the vibrancy of the commercial and business relationship that Sri Lanka and the United Kingdom enjoy today. The special theme of the reception was 70 years of the British Council’s presence in Sri Lanka. Since first opening a centre in Sri Lanka in 1949, the British Council has worked across the island to build connections between the people of the UK and Sri Lanka, representing the UK in all aspects of cultural relations, building relationships and opportunities.The High Commissioner, speaking of the 70 year milestone and the unique bilateral relationship that the UK and Sri Lanka share, told guests: Britain has noted that its bilateral relationship with Sri Lanka is unique.The British High Commission in Colombo and the British Council celebrated Her Majesty Queen Elizabeth II’s 93rd Birthday at Westminster House, the British High Commission in Colombo said today. “As I come towards the end of my time as High Commissioner I look forward confident that, whatever the turns that Fortune may give her wheel, we will remain good friends.”Commenting on the 70th anniversary, Ms Caldicott, said:“We are proud of our contribution to UK-Sri Lanka relations over the past 70 years, and the opportunities for personal growth provided by our programmes in education and arts, our libraries, and our work in English and examinations across the country.“Looking forward we are expanding our contribution to the Sri Lankan government priorities of education reform, social cohesion and reconciliation, and on developing skills for employability. We believe passionately in the rights of women and girls to take up their rightful place contributing fully to society. In all our work we use UK models and expertise, encouraging bilateral exchange to create conditions for a mutually beneficial relationship between our two countries.”CLICK HERE FOR MORE PICS
Canada has a rich history of innovation, but in the next few decades, powerful technological forces will transform the global economy. Large multinational companies have jumped out to a headstart in the race to succeed, and Canada runs the risk of falling behind. At stake is nothing less than our prosperity and economic well-being. The FP set out explore what is needed for businesses to flourish and grow. Over the next three months, we’ll talk to some of the innovators, visionaries and scientists on the cutting edge of the new cutthroat economy about a blueprint for Canadian success. You can find all of our coverage here.What will it take for Canadian companies to survive and prosper in the cutthroat global ideas economy?Financial Post columnist Kevin Carmichael will join Jim Balsillie, Chair of the Council of Canadian Innovators, for an exclusive conversation co-presented by the Centre for International Governance Innovation.Watch our live discussion starting here at 9 a.m. on Friday.Have a question for Balsillie? Leave a comment below or email email@example.com.
President Kerekou”Innovative ways to help the Least Developed Countries (LDCs) are greatly appreciated but the international community must not be distracted from commitments already made,” said Mathieu Kerekou, President of Benin, speaking in his capacity as Chairman of the Coordinating Bureau of LDCs. Bold new actions would have to be taken to relieve all multilateral and bilateral debt, he added. Prime Minister Douglas On behalf of the Caribbean region of CARICOM, Prime Minister Denzil Douglas of St. Kitts and Nevis appealed for the narrowing of gaps in technology, trade and human development between countries. Along with Foreign Minister Somsavat Lengsavad of Laos, who spoke for the Group of Landlocked Developing Countries (LDCs), he appealed for assistance in gaining more access to trade and broadening their countries’ narrow economic bases. Paul Wolfowitz World Bank President Paul Wolfowitz called for developing countries to improve performance and developed countries to fulfil their promise to increase aid. “The direction we take now can help make a difference for the millions of people trapped in extreme poverty,” he said. For many, it can be a difference between life and death.” President Obasanjo Nigerian President Olusegun Obasanjo, on behalf of the African Union, said that African leaders realized their primary responsibility for addressing development challenges, particularly through the mobilization of domestic resources, the provision of an enabling environment for foreign investment, good governance and private sector involvement.”I stand on this podium today, therefore, to remind us of the commitments we have all made including Monterrey and to call on all parties to fulfil their commitments in a spirit of partnership and mutual interdependence,” he concluded. Rafael BielsaRafael Bielsa, Minister of Foreign Affairs, International Trade and Worship of Argentina said, on behalf of the South American Rio Group said that democracy had improved conditions in the region. “Nevertheless, our democracies have not been able yet to address social demands that are today evident in our territories under the form of hunger and lack of jobs and protection,” due to slow growth rates and policies imposed by multilateral lending bodies. Hilary BennSpeaking for the European Union, Secretary of State for International Development of the United Kingdom Hilary Benn said: “The EU remains strongly committed to supporting country-led sustainable development through actions on aid volume, aid effectiveness, debt relief, innovative financing mechanisms, trade and the international architecture.” President Musharraf Pakistani President Pervez Musharraf, who is President of the Economic and Social Council (ECOSOC) for 2005, noted that there was already broad agreement on development policies and goals, and a key element was adequate financing. He said domestic resources made up an important part of that, but alone were not enough to spur rapid development. Loans, grants, foreign direct investment and export earnings were therefore necessary, along with open and equitable trade and good global governance. In a special session devoted to financing for development, World Summit leaders today emphasized the urgent need to go beyond words to lift hundreds of millions of people out of poverty and to meet the Millennium Development Goals (MDGs) that address deprivation and a range of other ills.President Vicente Fox Quesada of Mexico, speaking as leader of the host country of the Monterrey International Conference on Financing for Development, called for reinvigorating economic growth and development, including reducing the debt burden of developing nations. “Only within the United Nations framework it is possible to build the consensus and partnerships indispensable for achieving world peace and sustainable development,” he said. Secretary-General Kofi Annan warned that there remained “an enormous backlog of deprivation,” requiring more and better aid, trade policies that give a fair chance to developing countries, more investment in the world’s poorest countries, and opening up institutions to allow the developing world to have a greater voice.”We have an opportunity to save tens of millions of lives over the next decade, and to lift hundreds of millions of people out of poverty,” he declared. “We must not disappoint them.” Prime Minister Goolam Representing the Alliance of Small Island Developing States (SIDS), Navinchandra Ram Goolam, Prime Minister of Mauritius, appealed for special attention to the unique problems faced by SIDS, such as small and narrow resource bases, limited market access, fragile natural environments, vulnerability to natural disasters, a high cost of energy, poor infrastructure, and a lack of adequate transportation and communication. Prime Minister PattersonAmong the other 35 world leaders who addressed the topic, the Prime Minister of Jamaica, Percival James Patterson, spoke on behalf of the Group of 77 Developing Countries and China, expressing disappointment about the current gaps in financing for development between what was available and what was needed to meet development targets. “We cannot cross this development financing chasm by any series of small steps,” he said. “We need to make a giant step.” Rodrigo de Rato The Managing Director of the International Monetary Fund, Rodrigo de Rato, shared the results of recent assessments of economic policy for assistance to low-income countries. “We must work for better policies, more trade, more aid and smarter use of aid,” he said. Somsavat Lengsavad”Primary responsibility to achieve MDGs rests with developing countries, but international support is critical, especially for the poorest countries and for countries handicapped by geographical isolation,” Mr. Lengsavad said, echoing most other speakers at the meeting.
A man has been charged with murder after the death of a banker feared to have been killed by a single punch.Oliver Dearlove, 30, died after allegedly being hit by a man while waiting for a taxi on a night out in Blackheath in south-east London on Sunday. Oliver Dearlove with girlfriend Claire WheatleyCredit:Chris Greenwood Want the best of The Telegraph direct to your email and WhatsApp? Sign up to our free twice-daily Front Page newsletter and new audio briefings. Trevor Timon, 31, of south-east London, has been charged with murder and common assault, Scotland Yard said.He will appear at Bromley Magistrates’ Court on Friday.Mr Dearlove, from Eltham, had been in a bar with friends in Montpelier Vale earlier in the night before heading to Tranquil Vale.The relationship manager at Duncan Lawrie Private Bank died in hospital.A post-mortem examination gave the provisional cause of his death as a head injury.
Hungarian Veszprem and German Fuchse Berlin will fight for the first big trophy of the season – IHF Super Globe 2015 in Doha, Qatar. The EHF CL finalists and EHF Cup winners will have extra-motivation to finish the Qatari adventure in the best possible way with the fact that win at the end “cost” 400.000 USD.Here is the schedule of the Final Day in Duhail Sports Hall:7/8 Placement Match – Al-Sadd vs Club Africain 14:00 local time5/6 Placement Match – Esporte Clube Taubate vs Al-Ahly Sports Club 16:00 local timeBronze Medal Match – FC Barcelona vs Sydney University Handball Club 18:00 local timeFinal – Fuchse Berlin vs MKB-MVM Veszprem 20:00 local time IHF Super Globe ← Previous Story Toni Gerona winning start of era in Qatari El Jaish Next Story → IHF Super Globe 2015: Barca won third place, Al Sadd at the bottom
Julian Draxler has warned his Germany teammates that Kylian Mbappe’s speed can reach up to 300 horsepowerDie Mannschaft head into tonight’s Nations League clash at France in desperate need of a strong result in order to avoid relegation to the B division.One player that must be stopped at all costs is Mbappe, who inspired France to a late comeback 2-2 draw with Iceland last time out.The 19-year-old striker is in superb form right now and Paris Saint-Germain team-mate Draxler knows that Germany cannot let their guard down against him for even a second.“If he has space to get started, it’s almost impossible to catch him with his 300 hp,” Draxler told T-online.PSG ultras sent a warning letter to Neymar Manuel R. Medina – September 14, 2019 Brazilian superstar Neymar might play today his first game of the season for Paris Saint-Germain and the team’s ultras have warned him.“His speed and his finishing [are his biggest weapons]. We must not allow him to use either, by defending very compact.”Draxler, whose own PSG future is in doubt at the moment, believes that the squad have responded well under new manager Thomas Tuchel’s methods.“He spreads a good atmosphere, inside and outside. He lets us play attractive football, he has clear ideas and he gives these to us very clearly,” Draxler added.“After losing to Liverpool, he told us very clearly what had gone wrong. Not everything is ‘peace, joy and pancakes’ on the way to success. But that’s also why he does very well and has the team on his side.”
Facebook0TwitterEmailPrintFriendly分享At the Alcohol and Marijuana Control Board meeting on January 18, the board denied the renewal of the liquor license for the Kenai Elks Lodge. The Kenai City Council will introduce a resolution at their bi-weekly council meeting this evening requesting the board work with the Kenai Elks Lodge in order to reinstate the license. The resolution is on the agenda for this evenings council meeting at 6 p.m., at Kenai City Hall. The Kenai Elks Lodge was established in 1970 and is registered as a non-profit in the City of Kenai. The resolution went onto to state that the ‘Kenai Elks utilized their best efforts as a volunteer organization to apply for reinstatement/renewal of its liquor license with the State of Alaska.’ Story as aired: Audio PlayerJennifer-on-Kenai-Elks-.mp3VmJennifer-on-Kenai-Elks-.mp300:00RPd In the resolution it states; the denial of the reinstatement or renewal occurred prior to the Kenai Peninsula Borough and City of Kenai issuance of a non-objection to the reinstatement or renewal onFebruary 14 and 21, 2018 respectively, wich deprived the City and Borough of a meaningful opportunity to respond. In a letter from Jackson she stated: “For my part, as a ROW (retired old woman) I intend to pursue this, in the public’s interest. I have held numerous political and civic positions during my 45-year tenure in Alaska and have considerable familiarity with Boards and Commissions. I have zero expectation of relief by the State for my Lodge but believe I have a personal obligation to attend to this so other entities are not faced with the same problems.” Mary Jackson, the Chair of the Board of Directors and President of the Non-Profit Corporation, flew to Juneau from Kenai to attend the meeting on behalf of the Kenai Elks Lodge. If passed by the council copies of the resolution will be forwarded to Governor Bill Walker, Senator PeterMicciche (R-K-Pen), Representative Mike Chenault (R-K-Pen), Representative Paul Seaton (R-Homer), Representative Gary Knopp (R-K-Pen), Commissioner of Commerce, Community, and Economic Development Mike Navarre, ABC Chair Bob Klein, ABC Member Rex Leath, ABC Member Robert Evans, ABC Member Thomas Manning and the AMCO Director Erika McConnell.
Dan Cohen AUTHOR The base support group for Grand Forks AFB, N.D., formed in the run-up to the last round of base closures, wants to broaden its outlook, and adopt a greater emphasis on quality-of-life issues for airmen such as school quality and spousal employment opportunities. “We need to be aware of what’s going on in our communities,” Tom Ford, coordinator of the Grand Forks Base Realignment Impact Committee, said during the group’s meeting last week. “We need to be aware of our school systems. We need to be aware of our housing, but not just aware — we need to be there when things need help or support or improvement,” Ford said, reported the Grand Forks Herald.The adjustment comes as Air Force Secretary Heather Wilson has underlined the importance of quality-of-life issues for service members in her public appearances. Along with changing its focus, the committee is looking for a new name, or at least replacing the “R” in BRIC. “Instead of saying here’s all the reasons you shouldn’t close our base, it’s saying here’s all the reasons why our base is so important to the national defense strategy,” Ford said.Air Force photo by Tech. Sgt. Johnny Saldivar
News NETWORK ERRORCannot Contact ServerRELOAD YOUR SCREEN OR TRY SELECTING A DIFFERENT VIDEO May 15, 2015 – 11:54 am Eminem Wins Best Rap Album Royalty Shares Of Eminem’s Songs Put Up For Sale Email Is this exciting new model for sharing royalty income a viable way to handle ownership?Nate HertweckGRAMMYs Sep 25, 2017 – 6:04 pm What happens when future song royalties for hit songs are auctioned off to investors? We’ll find out soon.A Denver-based company called Royalty Exchange will auction royalties from GRAMMY-winning rapper Eminem’s songs released from 1999 to 2013 as part of a deal set up by the production duo the Funky Bass Team, aka FBT Productions. Royalty Shares Of Eminem’s Songs Go Up For Sale royalty-shares-eminems-songs-put-sale Em was signed to FBT before he became a superstar, and now the duo will put portions of future earnings up for bid in October as part of a new company called Royalty Flow. Just as on Wall Street, Royalty Flow will file for its initial public offering on Monday, leaving it up to the U.S. Securities and Exchange Commission to determine its fate. If it’s accepted, anyone with the cash could buy 150 shares or more of Eminem’s catalog at the minimum price of $2,250, according to Rolling Stone.This isn’t the first instance of royalties being sold in this fashion, and auctions like this could lead to a new trend in monetizing musical catalogs. Royalty Exchange has already sold shares of Wiz Khalifa, Chris Brown and Ariana Grande songs. But considering Eminem’s proven hits like “My Name Is” and “Lose Yourself” are involved, this auction moves the model into new territory.With this potentially exciting new opportunity for fans and fortune-seekers alike to own a piece of the pie comes a bigger moral question of how intellectual property rights should be dealt with.Inevitably, some will feel there should be a deeper sensitivity considering the expressive nature of the commodity involved, while others see this as the latest iteration of the industry’s ever-changing monetization models. Time will tell.Read More: 5 Reasons “The Eminem Show” Is A Classic Album Twitter Facebook
Story Links Race Schedule LOUISVILLE, Ky. — Due to inclement weather in the Clemson area, the morning session of today’s Clemson Invitational has been cancelled. The afternoon session is still set to begin at 2 p.m. and will now feature the postponed races from this morning.UPDATE: Due to a tornado watch in effect for the area, all racing before 5 p.m. has been canceled. Schedule updates for the event will be posted on Twitter at @ClemsonInvite. Check GoCards.com and @UofLRowing on Twitter for any further developments.SCHEDULE2:08 p.m. – V8+2:34 p.m. – 2V8+3 p.m. – V4+3:26 p.m.- 3V4+3:52 p.m. – 3V8+5 p.m. – V8+5:26 p.m. – 2V8+5:52 p.m. – V4+6:26 p.m. – 2V4+6:44 p.m. – 3V8+Print Friendly Version
Stay on target If you look at the landscape of TV cartoon series today, you’ll notice that something’s missing. There is a distinct lack of samurai rabbits. How long has this oversight been allowed to go on? (OK, the answer is about a year, but still that’s too long!) Well, no more will today’s kids grow up without being taught of Japan’s anthropomorphic Edo period. Stan Sakai’s classic Usagi Yojimbo series of comics is being adapted for TV. Animation studio Gaumont is partnering with Dark Horse Entertainment, Aquaman-director James Wan’s Atomic Monster, Dark Horse Entertainment and Sakai himself to produce the series, according to a press release.The samurai rabbit has appeared on TV before, but this will be the first time Miyamoto Usagi has starred in his own series. If you haven’t read the comics… well, go fix that right now, but you probably recognize the character from Teenage Mutant Ninja Turtles. Yojimbo has appeared in all three versions of the animated series, most recently in a three-episode arc last summer on the Nickelodeon cartoon. Now, with Usagi Yojimbo being made into its own series, the character can be more than just a cameo in someone else’s story. We’ll get to see the kinds of rich overarching plots featured in the comics with full animation and voices.“Usagi Yojimbo has been much sought after for many years, and we are honored to work with Stan Sakai to translate his multi-generational stories into the first ever TV series,” said Gaumont President of Animation, Nicolas Atlan. “Usagi Yojimbo’s blend of history and mythology, a clever balance between action and comedy, and real-world touchpoints combined with the supernatural, together with the passionate fan base that Stan has already amassed, makes this an incredibly exciting property to develop with our partners Atomic Monster and Dark Horse Entertainment.”Sakai is also happy to see the series he’s been creating for more than 30 years be adapted for the screen. He also says it’s something his fans have been asking for for a while now. “We get fan mail from readers of all ages across the globe who have been asking to see Usagi Yojimbo in his own TV series,” he said.Now, we’re finally getting it, and this series has some serious potential. Handled right, it could be the next Avatar. (And by that I mean The Last Airbender/Legend of Korra, not James Cameron’s blue people.) Structurally, Yojimbo stories are episodic and digestible, but there’s just enough serialization to allow Sakai to tell grandiose, complex stories when he wants to. Set in a fantasy version of 17th century Japan, where everyone is an anthropomorphic animal, Usagi Yojimbo is about a masterless swordsman, er rabbit, who travels between villages and castles, helping anyone in need. It’s heavily influenced by the films of Akira Kurosawa, particularly (if you couldn’t guess) Yojimbo. Sakai weaves Japanese history, legend, and fantasy together to tell stories that are, well there’s no better way to describe them than epic. No word on when or where this series will premiere, but we can’t wait to see it. It certainly has a good team behind it. If they pull this off, it could really be a special piece of animation. 4 Must-Have New Soundtracks from Waxwork RecordsRaise Some Shell With This Teenage Mutant Ninja Turtles Gift Guide Let us know what you like about Geek by taking our survey.
© 2017 Phys.org Explore further Demonstration of inkjet-printed bioenergy wallpaper. 1: Printed photosynthetic organisms in green; 2: Printed CNT anode; 3: Printed CNT cathode; 4: Paper substrate; 5: Solid medium. Credit: M. Sawa et al. Nature Communications The scientists, at Imperial College London and University of Cambridge, have published a paper on the new biophotovoltaic cell in a recent issue of Nature Communications.”Our biophotovoltaic device is biodegradable and in the future could serve as a disposable solar panel and battery that can decompose in our composts or gardens,” coauthor Marin Sawa at University of Arts London and Imperial College London told Phys.org. “Cheap, accessible, environmentally friendly, biodegradable batteries without any heavy metals and plastics—this is what we and our environment really need but don’t have just yet, and our work has shown that it is possible to have that.”In general, biophotovoltaic cells contain some type of cyanobacteria or algae that is phototrophic, meaning it converts light into energy. However, even in the dark these organisms continue to generate some energy by metabolizing their internal storage reserves. So when the organisms are connected to a non-biological electrode, they can function as either a “bio solar panel” when exposed to light or a “solar bio-battery” in the dark.Currently one of the biggest challenges facing biophotovoltaic cells is producing them on a large scale. Typically, the organisms are deposited onto an electrode surface from a bulky liquid reservoir. In the new study, the researchers demonstrated that inkjet printing can be used to print both the carbon nanotube electrode surface and the cyanobacteria on top of it, while allowing the bacteria to remain fully viable. This approach not only allows the cells to be fabricated quickly, but the set-up is also more compact and allows for greater precision in cell design.With these advantages, the inkjet-printed biophotovoltaic cells can generate a maximum current density that is 3-4 times higher than cells fabricated using conventional methods. To demonstrate, the researchers showed that nine connected cells can power a digital clock or generate flashes of light from an LED, illustrating the ability to produce short bursts of relatively high power. The researchers also showed that the cells can generate a continuous power output over the course of a 100-hour period consisting of light and dark cycles.In the future, the researchers plan to develop thin-film biophotovoltaic (BPV) panels and also explore potential applications as integrated power supplies in the areas of point-of-care medical diagnostics and environmental monitoring, both of which benefit from disposable, environmentally friendly biosensors. Another potential application is a bioenergy wallpaper.”The bioenergy wallpaper is a scaled-up application of our BPV system,” Sawa said. “The wallpaper will have carbon-based conductive patterns with electron-producing cyanobacteria. It turns an interior surface into an energy harvester to drive low-power applications like LED lights and/or biosensors, which can, for example, monitor indoor air quality.”The researchers also expect that the power output of the cells can be improved in a variety of ways, such as by improving circuit conductivity, optimizing cell design, and using more resilient organisms. More information: Sawa, M., Fantuzzi, A., Bombelli, P., Howe, C., Hellgardt, K., Nixon, P. “Electricity generation from digitally printed cyanobacteria.” Nature Communications. DOI: 10.1038/s41467-017-01084-4 This document is subject to copyright. Apart from any fair dealing for the purpose of private study or research, no part may be reproduced without the written permission. The content is provided for information purposes only. (Phys.org)—Researchers have used a simple inkjet printer to print a “bio-ink” of cyanobacteria onto a conductive surface, creating a biophotovoltaic cell. Unlike conventional photovoltaic cells that operate only when exposed to light, the cyanobacteria can generate an electric current both in the dark and in response to light. The researchers expect that the cell may serve as an environmentally friendly power supply for low-power devices such as biosensors, and can even be scaled up to print a bioenergy wallpaper. Citation: Digitally printed cyanobacteria can power small electronic devices (2017, November 27) retrieved 18 August 2019 from https://phys.org/news/2017-11-digitally-cyanobacteria-power-small-electronic.html Researchers develop wallpaper bio-solar panel Journal information: Nature Communications
Photo: el Instituto de Movilidad de Quintana Roo Isla Mujeres, Q.R. — The Institute of Mobility of Quintana Roo says they are cracking down on the irregular golf carts that roam Isla Mujeres roadways. According to Bibian Castillo Dzul of el Instituto de Movilidad de Quintana Roo (IMOVEQRoo), the crackdown is aimed at the private sector who include the carts in private home rentals. He explained that these golf carts are rented, mostly through digital platforms, and are included as a get-around vehicle in the rental of the private homes. Castillo Dzul says that over the last two weeks, of those 18 golf carts found circulating, nine were seized and taken to the municipal car pound in Cancun. “That is where they will have to go to recover them, after paying a fine, which is defined by the central offices of the institute.” Castillo Dzul added that they are also aware of people renting thier private vehicles to vacationers in high season, explaining that they too, are without a concession to provide such leasing services.Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on WhatsApp (Opens in new window) He noted that the golf carts are being leased without the proper permits and insurance, adding that these irregular leases are considered part of the piracy on public roads. “We have more than 20 case reports related to some type of piracy, but 18 are houses that rent the property for vacationers and do it with a golf cart included.”
Source = e-Travel Blackboard: A.N Should some breeds be restricted from flying? Image: fotopedia Qantas made headlines in 2012, there’s no doubt about it, and it looks like this year will be no different with the first mass complaint to the company: let the American staffies fly!Whilst the American Staffordshire terrier has been on the ‘no flying list’ for ten years, a petition created on website change.org less than three weeks ago has already gathered more than 3000 signatures in the hopes of making Qantas allow this one, of six, breeds get aboard Australian air Express – the Qantas owned carrier used to transport animals.Using social media to help fuel the campaign, a Facebook page and a Twitter account have also been created for the cause, whilst some went straight to the boss and complained on Qantas’ own Facebook site.Petition creator Pauline Steele said that since the staffies were not a restricted breed in Australia, they should not be banned from flying and that Qantas services should create better procedures that would allow all animals to travel safely.However, a Qantas spokesperson said the safety of those involved in any handling of animals was the first priority and Qantas restricted breeds that are traditionally considered aggressive and highly agitated.The spokesperson added that “certain breeds of animals are not permitted to fly on flights over a certain time period due to respiratory issues”.
July 12, 2016 750 Views Homeownership Mortgage Industry mortgage originations 2016-07-12 Seth Welborn Mortgage Re-engineering: Rebranding the Product in Commentary, Daily Dose, News, Origination By Ona NgnoumenHomeownership, with its visions of tree lined sidewalks and white picket fences, endures as a symbol of “The American Dream.” Multiple statistics corroborate that the “dream” is alive and thriving, including the results of the third annual “How America Views Homeownership Survey” conducted by Ipsos Public Affairs and Wells Fargo. Ninety-three percent of respondents still believed that homeownership is a significant accomplishment and 86 percent say homeownership is the realization of their dream. However, according to the Harvard Joint Center for Housing Studies’ 2016 State of the Nation’s Housing report, the U.S. homeownership rate has fallen to its lowest point in approximately 50 years.What could explain the reason for this disconnect? While there are arguably multiple contributing factors to this decline, key considerations are the perception of the mortgage process and the mortgage industry being perceived as “difficult,” “confusing,” and “untrustworthy.” In several polls, the mortgage process has been rated more stressful than bankruptcy, divorce, childbirth and even bereavement.The Consumer Financial Protection Bureau’s (CFPB) Consumer’s Mortgage Shopping Experience Report for 2015 identifies mortgage complaints third in volume after complaints regarding debt collection and credit reporting. These grievances stem from the following issues expressed by clients regarding the mortgage industry: a lack of confidence, communication gaps and a lack of industry investment in the client experience. Addressing these issues becomes crucial to repairing this relationship.Client confidence has eroded as the mortgage process became an increasingly combatant relationship between the mortgage industry, borrowers and regulators. The already tenuous balance that once existed between these groups suffered a drastic decline with the housing crisis of the last decade and the “blame game” we witnessed as a result.Currently the government is working to enact a correction to the issues raised during the housing crisis through increased regulation. While this effort may facilitate process and procedural changes, it fails to concretely repair the relationship between clients and the industry. To achieve this we need to incorporate three components into our product philosophy: simplify, educate and engage (S.E.E.).Borrowing a page from Apple’s accomplishments in the personal computing industry, the mortgage industry must understand that this need to simplify begins with our efforts towards targeting and retaining clients, starting with the product packaging phase. The fact that the “average” American reads at a 7th or 8th grade level informs us that the way we attract and initially educate our clients needs to change fundamentally. Just as Apple leveraged simplification and minimalism in its design philosophy and the use of graphic user interface & icons; the mortgage industry should move to identify and remove the “noise” around our core offerings by paring down the various “exotic” loan packages available and going back to more basic loan options that are simple, specific and easy to communicate. We need to re-package and re-brand our product to better address and meet the needs of our clients. This includes simplifying the loan application process with shorter documentation that is easier to understand.The next critical component is to educate the stakeholders at each stage of the process. A 2015 survey by the CFPB shows that nearly half of borrowers are not familiar with the way the mortgage process works and as a result do not “shop” for a loan. Their lack of knowledge makes the process intimidating and they default to relying on their lender, mortgage broker, realtor and friends for mortgage advice.At the same time, we as lenders currently “woo” in the origination stage of the process. Once our clients have made a borrowing commitment, we find that we are not as familiar with them as we imagined. We also fail to provide the right education, best fit or to clearly articulate the nuances of our product. Consequently, a large percentage of client feedback illustrates the perception that they were not provided with a clear expectation of their product and its behavior over the product lifecycle. It comes as no surprise that our clients do not feel confident in their lending relationship. It reveals a need to understand our potential customers better, beginning with the initial client contact.Using the Apple philosophy, the focus should not be on pushing a sale but rather on having the product address the consumer needs. Originators should be as knowledgeable as servicers and should be able to clearly articulate the advantages and disadvantages of each product to better anticipate and address client questions or concerns from the early stages of the process. Educating the client continues through the origination and the subsequent servicing of the product. Apple understood this continuing need for product knowledge and responsiveness and answered by providing in-store “Genius Bars” for firsthand immediate assistance with client concerns; a significant factor in their consistent rating of exceptional customer service.Finally, we must place more emphasis on engaging our clients throughout the loan application process and subsequent servicing. Statistics show that about 77 percent of clients typically only seriously consider and apply with one lender and stop shopping with their first application. Our goal should be to make that first application a meaningful experience – the focus being on “experience.” Also, given the clients’ predominant initial reliance on their lenders for mortgage advice, we have a tremendous opportunity to build a relationship based on trust and loyalty with them. People tend not to remember the facts of a situation but rather how they felt during and as a result of the interaction. We need to be attentive to that experience throughout the product lifecycle. As such, the industry must take a more relational approach to the process, communication and terminology. A starting point would be to soften the terminology used to identify the client and certain client demographics.For example, “borrower” denotes indebtedness and to an extent subservience, which may be theoretically true, however- the reality would indicate that the interest payments received from these clients are an essential source of revenue to our business and significant to our financial success. Such verbiage does not convey the vital role the customer plays in our success. In like manner, the terms “default” and “delinquent” do not ideally communicate partnership or mutual esteem. Instead, they illustrate the industry’s desensitization and the increasingly widening gap between us and our clients.As “delinquency” or the number of distressed mortgages continues to fall and the market moves closer to “normal,” the mortgage industry has an opportunity to reinvent itself by selling an experience: the belief in the American Dream and the commitment to helping our clients as active partners in making that dream a reality.Ironically, as the catalyst that helps people realize their dream: build homes, neighborhoods and communities we have lost the relational aspect of our core product and the experiences associated with it. Like all iconic products that endure, it is time for the industry to self-identify and re-brand ourselves as a partner in the process and we can achieve this by going back to the basics: a product that is simple to communicate and understand, a process that invests in its stakeholders providing education at every step, and engages them in a community that is vested in their success. Share
15-year Fixed Rate Mortgage 30-year Fixed Rate Mortgage Loan Applications MBA mortgage Purchase Loans rates Refinance survey 2018-05-09 Radhika Ojha in Daily Dose, Featured, News, Origination Applications for mortgage loans declined 0.4 percent during the week according to the latest Weekly Mortgage Applications Survey by MBA. The Market Composite Index remained unchanged on an unadjusted basis from the prior week. The Purchase Index decreased 0.2 percent on an adjusted basis and increased 0.4 percent compared with the previous week on an unadjusted basis. The Purchase Index was 3 percent higher than the same week last year, the survey revealed.The Refinance Index decreased 1 percent from the week earlier reaching its lowest level since October 2008, the survey indicated. The refinance share of mortgage activity also decreased to 36.3 percent of total applications, reaching its lowest level since 2008. The refinance share was 36.5 percent of total mortgage activity last week.The share of government loan applications, except for VA loans also decreased during the week. The FHA share of total applications decreased to 10.1 percent from 10.3 percent last week, while the USDA share of loan applications, after remaining unchanged for most of last month, decreased to 0.7 percent from 0.8 percent. The VA share of loan applications increased slightly from 10.2 percent last week to 10.4 percent.Here’s how the average contract interest rate for various loans performed during the week:The effective rate for 30-year fixed-rate mortgages with conforming loan balances ($453,100 or less), decreased from last week with the rate decreasing to 4.78 percent from 4.8 percent, with points decreasing to 0.50 from 0.53 for 80 percent loan-to-value ratio (LTV) loans.The rate for 30-year fixed-rate mortgages with jumbo loan balances (greater than $453,100) decreased to 4.65 percent from 4.69 percent. The points for these loans decreased from 0.42 to 0.36 (including the origination fee) for 80 percent LTV loans. The effective rate decreased.For FHA-backed 30-year fixed-rate mortgages the rate decreased slightly to 4.80 percent from 4.81 percent, with effective rate decreasing from last week. Points also decreased to 0.75 from 0.78 (including the origination fee) for 80 percent LTV loans.The rate for 15-year fixed-rate mortgages decreased to 4.20 percent from 4.21 percent, as did the effective rate, with points decreasing to 0.48 from 0.49 (including the origination fee) for 80 percent LTV loans.For 5/1 ARMs the rate decreased to 4 percent from 4.03 percent, with points decreasing to 0.43 from 0.44 (including the origination fee) for 80 percent LTV loans. The effective rate decreased from last week. Mortgage Apps Decline Despite Stable Rates Share May 9, 2018 815 Views
Solomon AirlinesSolomon Islands Announcing the launch, Solomon Airlines’ Manager – Commercial, Colin Sigimanu, said harnessing the latest in web-based flight, shopping and booking technology for the new website has facilitated the delivery of an enhanced, user-friendly experience for customers. “Our new website offers much easier navigation and far more visible information to intuitively guide customers in the flight and booking process,” Mr Sigimanu said.The technology behind flysolomons.com is based on Amadeus’ e-Retail DX platform, the most widely used and up-to-date online booking engine now available on the international aviation scene.“… the new website is far more user friendly for … our passengers with disabilities, via the inclusion of US DOT regulations and Website Content Accessibility Guidelines (WCAG),” added Mr Sigimanu. “We have also made it easier to find location-based content and promotions, which mean a passenger travelling from Brisbane can easily find any specials before they book, while passengers travelling from Honiara can also locate deals originating from the Solomon Islands just as readily.”Additionally, the new site highlights the expanded routes and international destinations now serviced by Solomon Airlines and its codeshare partners, including Qantas Airways, Air Niugini and Air Vanuatu.
Derrick Hall satisfied with D-backs’ buying and selling “It’s very family-oriented for us, and I take great pride in it.”The Golf Classic was not the only reason Arians was at the TPC Scottsdale Tuesday, as he also took part in the Waste Management Phoenix Open’s Special Olympics putting event.After it was all over, the head coach also took some time to talk some Cardinals.Retirement talkArians’ thoughts on retirement, or more specifically the possibility of both QB Carson Palmer and WR Larry Fitzgerald calling it quits in the near future, can be found in-depth here.Suffice to say, however, the head coach is hopeful both of his veteran stars will return for another go.Presented with the adage that once a player starts thinking of retirement, it probably means that is the route they will go, Arians said it’s not really the case.“I thought about it too many times myself,” he said, with a laugh. “Sometimes it’s forced, you know?”Arians continued, saying that when players perform as well as both Fitzgerald and Palmer did this season, it is more difficult to just walk away.Coaching staff shuffleToward the end of the season, there was some chatter about the possibility of Arians’ coaching staff undergoing a bit of a change. Most of the conversation centered around special teams coordinator Amos Jones, whom the head coach staunchly defended at every turn, and nothing has happened there. A super matchupArians has a somewhat unique perspective on this year’s Super Bowl matchup, as his Cardinals faced both the New England Patriots and Atlanta Falcons this past season.In Week 1, Arizona fell to New England 23-21 in Glendale, whereas in Week 12 they lost to the Falcons 38-19 in Atlanta.“It should be a heck of a ballgame,” Arians said. “I think if Atlanta can keep their nerves — calm, keep the game close for the first 18 minutes, I really like their chances. Their offense is really dynamic.”A key to the Falcons’ success, Arians noted, was that they were able to keep their offensive line together, which is something the Cardinals were unable to do. All that said, however, they are facing a Patriots team that knows how to win on this stage.“But Tom and Coach Belichick, they’re not going to have any nerves, and they’re going to be prepared,” Arians added. “It should be a whale of a ballgame.”Follow Adam Green on Twitter Last week, however, the Cardinals did make a small change, with quarterbacks coach Freddie Kitchens moving over to running backs and coaching intern Byron Leftwich taking over at QB coach. Stump Mitchell, who had coached the team’s running backs, left the organization.The changes didn’t phase Arians, who called Kitchens a “coordinator-in-waiting.”“So going to another position, it will help our running backs because he knows the passing game inside and out,” he said. “So it’s another step for Freddie to become a coordinator, to coach another position.“I was extremely pleased with Byron as a quarterback coach his first year, as an intern. He had a lot of input and it’s a natural position for him to coach. And it’s natural for Freddie to take over another position and expand his coaching resume because he’ll be a coordinator soon.”With regards to Leftwich specifically, Arians said Leftwich’s experience as a QB in his offense in Pittsburgh gives him an advantage now as a coach. It’s easier, he said, for a coach to answer questions because he is familiar with what they are doing.While Leftwich may be the perfect guy for the job, it is interesting to note that he is a member of the same draft class as Carson Palmer, who may be a player he is tasked with guiding. Photo by timringTV Finally for KurtOn Saturday, we will learn if Kurt Warner is a part of the Pro Football Hall of Fame’s class of 2017. Many people believe he will get the nod, and if you’re interested, a collection of content regarding Warner and his bid can be found here.At any rate, Arians would like to see Warner’s name be announced this weekend.“Man, I hope so,” he said. “He really, really deserves it. I was shocked he didn’t get it last year and I am really pulling for him.”Arians never coached Warner — in fact, Arians was the offensive coordinator in Pittsburgh when Warner and the Cardinals were defeated in Super Bowl XLIII — but there was a brief moment a couple seasons ago where it seemed as though he might get his chance.Back in 2014, as the playoff-bound Cardinals were being ravaged by injuries at the QB position, Warner himself acknowledged that he at least considered the possibility of a return.Had that actually happened, Warner’s Hall of Fame eligibility clock would have been reset, and then he wouldn’t be up for enshrinement now.“Once he gets a jacket maybe he’ll come back,” Arians said, with a laugh. Palmer was chosen No. 1 overall out of USC in the 2003 draft by the Cincinnati Bengals, while Leftwich was taken seventh overall by the Jacksonville Jaguars out of Marshall.“I’ve been bugging Byron to get into coaching for about four years, and he couldn’t get off the golf course,” Arians said. “I knew once he did it, he’d be hooked. He’s hook, line and sinker now — he’s all in. He’ll be a head coach early and fast.”More of MathieuLast week, AZCardinals.com’s Darren Urban wrote a story about Tyrann Mathieu that featured the defensive back talking about how he is planning on bulking up over the offseason.Mathieu’s reasoning is sound, in that with a little more weight he might be able to avoid the injuries that have plagued his first four seasons in the NFL.Arians, however, isn’t so concerned with Mathieu’s size.“I just want to see him get healthy,” he said. “His knee’s about 96 percent right now, his shoulder is 100 percent. So he’s got an offseason that he can really work on.“Whether he gains weight, I’d like to see him get a little thicker because he does throw his body around. But it’s not going to stop injuries. Injuries, especially the ones he gets, are usually freaky things.” The 5: Takeaways from the Coyotes’ introduction of Alex Meruelo SCOTTSDALE, Ariz. — On Tuesday, Cardinals coach Bruce Arians took time to chat with the media while promoting the Arians Family Foundation, and specifically CASA.He and his wife, Christine, announced that this year’s charity golf classic will be held on March 24 and 25 at Wild Horse Pass, and both discussed the joy they feel in being able to help out the Valley’s underprivileged children.“It means a lot to me, just having watched what she (Christine) had done for all these years, one at a time, and now to be able to help so many, it means a ton,” the Cardinals coach said. “To me, it’s our job, sports figures in our community to help in any way we can. We have this special bond because of what she’s done all these years. Grace expects Greinke trade to have emotional impact Top Stories Comments Share Former Cardinals kicker Phil Dawson retires
An eight-day remand was issued on Friday by the Limassol district court against a 37-year-old man arrested on Thursday after the drug squad said they found 30 cannabis plants and 90 grammes of cannabis in a residence he rented in Limassol.According to drug squad spokesperson Stelios Sergides, the 37-year-old, who was known to the police for previous drug cases, was initially arrested for offences involving high alcohol consumption and causing a public nuisance.A search warrant was issued following his arrest for a house he rented in Limassol, not his permanent residence which is located in another part of the city.During the search, 90 grammes of cannabis were found in a freezer, while 30 cannabis plants, ranging from 20 to 100 centimetres in height, were found in a specially designed room with lighting, ventilation and water supply systems, police said.You May LikeUltimate Pet Nutrition Nutra Thrive SupplementAdd This One Thing To Your Dog’s Food To Help Them Be HealthierUltimate Pet Nutrition Nutra Thrive SupplementUndoAngels And EntrepreneursRobert Herjavec Announce Venture Could Make You RichAngels And EntrepreneursUndoDr. Marty ProPower Plus Supplement3 Dangerous Foods People Feed Their Dogs (Without Realizing It)Dr. Marty ProPower Plus SupplementUndo Turkish Cypriot actions in Varosha ‘a clear violation’ of UN resolutions, Nicosia saysUndoConcern over falling tourism numbersUndoPensioner dies after crash on Paphos-Polis roadUndoby Taboolaby Taboola