Category: ymptlsixwmpl

British American Tobacco Zambia Limited (BATZ.zm) 2019 Abridged Report

first_imgBritish American Tobacco Zambia Limited (BATZ.zm) listed on the Lusaka Securities Exchange under the Agricultural sector has released it’s 2019 abridged results.For more information about British American Tobacco Zambia Limited (BATZ.zm) reports, abridged reports, interim earnings results and earnings presentations, visit the British American Tobacco Zambia Limited (BATZ.zm) company page on AfricanFinancials.Document: British American Tobacco Zambia Limited (BATZ.zm)  2019 abridged results.Company ProfileBritish American Tobacco Plc. Zambia is a major distributor of cigarettes in Zambia. The company also has a line extension range which includes cigars, e-cigarettes and next-generation products (NGPs) which include a vapor product called Vype, and a tobacco heating product called iFuse. The company also markets a popular smokeless moist tobacco powder called Snus which most people know as snuff. British American Tobacco Zambia is a subsidiary of the British American Tobacco Group which has extensive international interests in the tobacco industry, from farm to market. Well-known brands in the BAT portfolio are Dunhill, Kent, Pall Mall and Lucky Strike. British America Tobacco Plc Zambia is listed on the Lusaka Stock Exchangelast_img read more

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Big data is king! Here’s why I’d consider investing in this US stock

first_img Randi Zuckerberg, a former director of market development and spokeswoman for Facebook and sister to its CEO, Mark Zuckerberg, is a member of The Motley Fool’s board of directors. Kirsteen owns shares of BP. The Motley Fool UK owns shares of and has recommended Facebook. The Motley Fool UK owns shares of Palantir Technologies Inc. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Our 6 ‘Best Buys Now’ Shares Big data reigns supreme! Since the rise of big tech superpowers, think Alphabet (Google), Facebook and the other ‘FAANG’ stocks, data has become the key component in allowing businesses to scale. Here’s one US stock with a hold on big data that I’d consider investing in.Data is the businessPalantir Technologies (NYSE:PLTR) is a company that was, until recently, operating in the shadows. Busily working away, collecting and analysing data on a grand scale. Then, last year, it publicly listed on the New York Stock Exchange and has since seen its share price rise. The $42bn company started its publicly traded life at around $9.20 per share. This rose above $35 in January but has since fallen back to around $23. Its recent results for 2020 showed full-year revenue growth of 47% year-on-year, with projected 30% growth for 2021.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…The company has not clearly stated when it can expect continual profitability, but it intends to continue investing in achieving further growth across the board. For example, it plans to spend over $1bn on cloud providers to help scale its software as a service (SAAS) offerings.In its Q4 earnings call last month, the Palantir executives were very optimistic on the roadmap ahead and clearly believe they’re at the beginning of a massive opportunity to grow and make money. Their revenue target for 2025 is $4bn, which is up considerably from the $1.1bn in 2020. “This Stock Could Be Like Buying Amazon in 1997” Enter Your Email Address US stock serving high-profile clientsThe company serves government agencies such as the CIA, US army, and many private corporations.Palantir’s SAAS offering is proving popular because of its speed, security and reliability. Security is crucial as hacking becomes an increasing concern. But this popularity also indicates a change in the way organisations can now collate and analyse their own data to better serve their customers and enhance profitability.BP saved $1bn in 2020 thanks to Palantir’s Foundry software, which powers BP’s digital twin applications to enhance its hydrocarbon-based workflows. The oil giant now plans to use this software to achieve its net zero aims, thus signing a five-year, nine-figure enterprise contract renewal. Meanwhile, Palantir’s partnership with IBM could prove a lucrative long-term agreement with the potential to strengthen software offerings for industry.Palantir investment risks to considerBut there are obvious risks associated with the stock, and some analysts are extremely bearish.It has around 125 customers, which isn’t very many considering it’s been around for 18 years. This makes some investors nervous that it’s not diversified enough and can’t possibly have much room to scale. It’s an expensive stock and priced for future progress.It’s also been caught up in the GameStop mania and therefore over-traded by short-term speculators and options traders. This led its CEO to criticise short-term traders, as this is a company with a long-term vision.I expect share price volatility to continue for some time. The tech sector is under pressure as investors worry about inflation. Nevertheless, I think Palantir has what it takes to still be here, far into the future. It’s established with a strong history of government contract wins. Last year its full-year government revenue rose 77%. Therefore, as it deepens its relationship as a major government contractor, I think it will become profitable. With a 10-year window in mind, I’d happily add Palantir to my Stocks and Shares ISA. Kirsteen Mackay | Tuesday, 23rd March, 2021 | More on: PLTR I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool.center_img For regular stock market investing ideas and help choosing the best shares to buy now, sign up to The Motley Fool today. Big data is king! Here’s why I’d consider investing in this US stock Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Simply click below to discover how you can take advantage of this. Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. See all posts by Kirsteen Mackay Image source: Getty Images last_img read more

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European Champions Cup player analysis: Marcos Ayerza, Leicester Tigers

first_imgFor any player regardless of position, defence in phase-play requires a certain mind-set. Essentially, it helps if you are innately tenacious. Here, with Toulon bearing down on a loose ball in the first half, Ayerza displays such attributes.While he slips off Castrogiovanni as he dives at his old friend’s feet, his presence around the fringes stalls the attack long enough for Tigers to scramble back: In terms of one-on-one tackling, Ayerza does not shirk anything either. Chris Masoe single-handedly dismantled Leicester in the 2013 Heineken Cup quarter-final. He is an hugely dangerous carrier. Still, the bristling All Black gets stopped dead on the gain-line in the second half:BreakdownAgainst a team who possess a breakdown nuisance-in-chief such as Steffon Armitage, support play and brawn at the breakdown are both vital. Should either of those lapse, cast-iron jackals and penalties are likely to rack up.Early on, Ayerza set the tone for a remarkable man-marking appointment:In pursuit of Ben Youngs’ half-break from the front of the lineout, Ayerza bides his time. He waits for a phase and then sees Armitage stalking:He follows carrier Kitchener, judo throwing Armitage off his feet, away from the ball (circled in white) and therefore out of the game as a pilfering threat:There were an incredible a series of similar plays in the second half, each one nullifying the threat of an arch turnover merchant. This one comes as Tigers break from there own half.Then minutes later as the hosts pressed on the Toulon 22. Brad Thorn is the one trucking up here:And finally two phases on, once more tailing the effervescent Thorn:It is hard to overstate the importance of Ayerza’s work here. Armitage’s influence was limited to a single ruck penalty. Given how much havoc the openside has consistently caused since moving to the south of France in 2011, that is a very positive outcome.AttackEven in a game that often resembled a fractious arm wrestle, Ayerza’s portfolio of contributions was massive. Still, he eked out two extremely effective pieces of play with ball in hand.First, there was this rumble, aided by a fine ‘leech’ from the Leicester forwards. Watch the sidestep before contact to shift the tackler too:Second, we were treated to a bump and roll with a delicate offload to Kitchener thrown in. As it turned out, this was one of the better passes Tigers executed across the 80 minutes:Ayerza took his leave on 70 minutes, replaced by Michele Rizzo. Fittingly, his very last action was selfless and discreet but  constructive:Williams was another integral performer for Leicester and this left-footed grubber is gorgeous. However, watch how Ayerza busts a gut to steam around the corner and hold the fringe defence: Is that all you got: Marcos Ayerza was exceptional during Leicester Tigers’ victory over Toulon Martin Castrogiovanni may have dominated the news agenda, but Marcos Ayerza won the on-field battle during Leicester Tigers’ 25-21 defeat of Toulon on Sunday evening. We analyse the Puma’s excellent display. LATEST RUGBY WORLD MAGAZINE SUBSCRIPTION DEALScenter_img Even with over an hour of graft behind him, Ayerza does not skimp on any details. He even holds his hands up for that extra bit of deception  – therefore creating an extra fraction of a second for Williams. Such intelligence, plus tremendous ability and work ethic, make Ayerza the player he is.With Toulon scorned and scathing, Leicester must be even better to prevail at the Stade Mayol this Saturday. They will be underdogs, but confident ones. It should be an absolutely fascinating afternoon. Despite the result, it was a Toulon player that hogged the Monday morning headlines following his team’s 25-21 loss in the first instalment of their electric European Champions Cup double-header at Welford Road this weekend.Former Leicester Tigers favourite Martin Castrogiovanni had some grievances to air following his exit in the summer of 2013 and the hairy Italian tighthead hi-jacked Richard Cockerill’s press conference, launching into an astounding, expletive-ridden rant. Among other things, he underlined the fact that he had personally paid £100,000 to escape his contract and join Mourad Boudjellal’s band of superstars.All in all, it was a bit sad. ‘Castro’ became a mightily charismatic cult hero during seven glittering seasons in England. As he so eloquently said himself, “a beautiful piece of my heart” resides in the East Midlands and he will forever love the area. For many fans, such affection is likely to remain mutual.Firebrand: Martin Castrogiovanni had some choice words for Richard CockerillCockerill responded to the verbal assault calmly, expressing his wish to one day share a beer with Castrogiovanni and reminisce about an unfortunate sequence of events. For all the commotion, he wanted to make one thing clear: Tigers have moved on.The hosts’ dominant scrum, driven by a superb set-piece performance from Marcos Ayerza, helped Cockerill’s case there. Alongside Lions front-rowers Dan Cole and Tom Youngs, the Argentinean loosehead was fantastic.Christmas is the season for punters to pick their World XVs, and Ayerza wears the number one shirt for many of them. Against Toulon, he brought industry and understanding in the loose to technical excellence as Leicester overturned the champions. Here is a run-down of his display.ScrumThis is an obvious place to begin. Ayerza has enjoyed ascendancy in just about every match for either club or country since the introduction of the new engagement laws. He really is a phenomenal exponent who senses weakness and piles through into the heart of the opposition set-piece. In the opening scrum of the game, he gave Owen Williams a simple chance for three points:With pressure coming through Castrogiovanni, the Toulon scrum wheels around rapidly and disintegrates. It is an easy decision for Nigel Owens.Just the  other side of half-time, with the score locked at 13-13, there was a timely repeat that boosted Tigers:Finally, we head to the 65-minute mark. Carl Hayman – a New Zealander whose reputation precedes him – has replaced Castrogiovanni. No matter:Now, Ayerza deals in body angles. Often, he locates weakness by using his stout frame and low stance to burrow under his rival and subtly in towards the opposition hooker. An aerial view of the second of these scrums offers excellent insight:Sometimes, this backfires. Owens penalised the Pumas once for failing to stay square. For Toulon’s second try, the unthinkable happened – a Leicester scrum was lost against the head:Zooming in, we see that Ayerza’s angle is so drastic that Tom Youngs is perhaps impinged:As the late penalty shows, Ayerza problem-solved over the course of the 80 minutes – a sure-fire sign of an experienced, outstanding player. Indeed, his class shone across the board.LineoutThis part of a prop’s job seems to be totally taken for granted. Nonethless, lifting jumpers is such a key skill. Watch how Jamie Gibson is propelled skyward to tap Guilhem Guirado’s throw back to Youngs. For good measure, Ayerza hits the ensuing ruck to complete the turnover:This defensive role is all about disruption. However, Ayerza is also proficient as a cog in intricate attacking moves. Again, it is Gibson who is lifted.This time though, in order to free up personnel for a mid-air transition to a secondary driving pod, Ayerza executes a one-man lift without support behind the jumper:Evidently, this is explosive power and technique at work. From restarts – rightly considered a third set-piece these days – the Argentinean brings the same qualities.Restart‘Exit strategy’ is a modern-day, trendy term for an age-old concept – getting out of your half following a kick-off. Of course, the first assignment is securing the ball. Watch how Ayerza hurls Graham Kitchener high to claim before cleverly obstructing the chasing Bakkies Botha:Defencelast_img read more

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Is it Allergies or Sinusitis?

first_img Please enter your comment! From Florida Hospital – ApopkaPollen. It’s the magical fairy dust of spring. A rite of passage: yellow cars, yellow lawn furniture and beautiful blooming yellow flowers in your garden. It started in mid-February and will be with us until blossoms fall in April. If you’re like most of us, it’s also nature’s way of officially welcoming allergy season. After all, 35 million Americans suffer from nasal allergies and more than 37 million suffer from chronic sinus infections.But how do you know if it’s allergies or something more? Below are a few signs to help you tell the difference between these two conditions. TAGSallergiesFlorida Hospital – Apopkapollensinusitis Previous articleAre the Recent Apopka Shootings Related?Next articleApopka Police: “Buzzed Driving is Drunk Driving” Denise Connell RELATED ARTICLESMORE FROM AUTHOR Free webinar for job seekers on best interview answers, hosted by Goodwill June 11 The Anatomy of Fear Share on Facebook Tweet on Twitter You have entered an incorrect email address! Please enter your email address herecenter_img Signs of allergies:Nasal congestionClear nasal dripItchy eyesA burning sensation in eyes or noseSigns of sinusitis:Fever and fatigueMild headacheChronic coughThick, green mucousSymptoms last more than 10 to 14 daysIf you suffer from any of the above symptoms and they don’t resolve within a week or so (and are unlikely to be a cold or flu), see your physician, who may refer you to an allergist or an ear, nose and throat (ENT) specialist.In the meantime, here are a few tips to help you get through the next few weeks:Don’t open your doors and windows, even if the weather is near perfect because it lets pollen inside your house or car. Instead, use your air conditioner. And by all means, break out the dust cloth and vacuum cleaner!Pollen counts are highest in the morning or until it rains. So keep that in mind if you’re planning outdoor activities. You may want to stay inside during the morning.If your kids are on spring break this week, or just playing outside, have them brush their hair or change their clothes as soon as they come inside. This way, they won’t track pollen inside.Get your kids to shower or bath in the evening so they aren’t tracking pollen into their beds. Hair is a pollen magnet.Have a furry friend? Chances are Fido is bringing a lot of pollen inside your home. Brush him before he comes in to cut down on pollen and stray pet hair!– See more on this subject here. Please enter your name here LEAVE A REPLY Cancel reply Support conservation and fish with NEW Florida specialty license plate Save my name, email, and website in this browser for the next time I comment.last_img read more

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Making Mortgage Forgiveness Tax Relief Permanent

first_imgHome / Daily Dose / Making Mortgage Forgiveness Tax Relief Permanent Servicers Navigate the Post-Pandemic World 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago About Author: David Wharton United States tax policy has been in the spotlight in recent months, with President Trump signing the Tax Cuts and Jobs Act into law in December, and experts debating what the long-term impact of the bill will be ever since. This week representatives from the National Association of Realtors appeared before the U.S. House Ways and Means Subcommittee on Tax Policy to argue in favor of making a tax exclusion for forgiven mortgage debt permanent.The debate centers around mortgage forgiveness tax relief, a policy first implemented in 2007 and since renewed and extended several times over the years. The exclusion establishes that mortgage debt forgiven by lenders after a foreclosure, short sale, or loan modification is tax deductible. Without the exclusion, NAR explains that borrowers already working to recover from falling behind on their mortgage payments can be hit by the double-whammy of an added tax burden, even as they are trying to do the responsible thing and resolve their financial responsibilities.”The exclusion for mortgage debt cancellation delivers a huge dose of fairness. When the investment in a home goes well, and the owner sells at a gain, the tax code generously waives capital gains up to $500,000,” testified Barry Grooms, 2018 VP of Florida Realtors. “But what happens when things go sour, equity is lost, and the family is forced to sell short? Up through last year, the exclusion stepped in and relieved the often-impossible tax burden. If allowed to expire, we are left with a tax policy that rewards good fortune but piles on when the tables are turned. This is neither fair nor smart.”Grooms encouraged the subcommittee members to work toward making the forgiven mortgage debt exclusion permanent, so as to not leave borrowers in the lurch at a time when they need all the help they can get.Grooms told the subcommittee members, “Cases of negative home equity will ebb and flow as well, even with a stronger economy. This is why we need a permanent exclusion to minimize the damage to families, neighborhoods, and communities.”  Print This Post Congress Foreclosures Forgiven Mortgage Debt House Ways and Means Subcommittee on Tax Policy Loan Modifications Mortgage Debt NAR National Association of Realtors Short Sales tax policy Tax Reform 2018-03-15 David Wharton Making Mortgage Forgiveness Tax Relief Permanent Tagged with: Congress Foreclosures Forgiven Mortgage Debt House Ways and Means Subcommittee on Tax Policy Loan Modifications Mortgage Debt NAR National Association of Realtors Short Sales tax policy Tax Reform Demand Propels Home Prices Upward 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago March 15, 2018 4,588 Views Demand Propels Home Prices Upward 2 days ago The Best Markets For Residential Property Investors 2 days ago in Daily Dose, Featured, Foreclosure, Government, Journal, News Previous: San Diego Needs a Lot More Housing Than Planned Next: Appeals Court Clarifies Issues Regarding Robocalls and Consent The Week Ahead: Nearing the Forbearance Exit 2 days ago Share Save Related Articles The Best Markets For Residential Property Investors 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Sign up for DS News Daily Subscribelast_img read more

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Funding announced for special needs classes in Carrick and Letterkenny

first_img Funding announced for special needs classes in Carrick and Letterkenny RELATED ARTICLESMORE FROM AUTHOR Twitter 75 positive cases of Covid confirmed in North Twitter Google+ Further drop in people receiving PUP in Donegal Facebook Pinterest Facebook By News Highland – September 9, 2013 The Department of Education has announced extra special needs classes for primary and post-primary schools in Donegal.The announcement is part of a national scheme, which plans to role out a total of 118 new classes throughout the country over the coming month.There will be new Autistic Spectrum Disorder classes in Carrick Vocational School and  Errigal College in Letterkenny, as well as in St Patricks National School, Lurghybrack in LetterkennyA new booklet to help parents choose a school for children with special needs has also been launched.Welcoming the announcement, Senator Jimmy Harte expressed hope that this will help ease the burden placed on special needs teachers, who have been under severe pressure from budget cuts…[podcast]http://www.highlandradio.com/wp-content/uploads/2013/09/jimmyspecialneeds.mp3[/podcast]center_img Pinterest 365 additional cases of Covid-19 in Republic Previous articleUpdate – More tests on West Donegal man critically ill after UK crashNext articleDelay in opening Irish Cancer Society Daffodil Centre in Letterkenny News Highland Gardai continue to investigate Kilmacrennan fire Google+ WhatsApp News Main Evening News, Sport and Obituaries Tuesday May 25th Man arrested on suspicion of drugs and criminal property offences in Derry WhatsApplast_img read more

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Hoarding And Black Marketing – Undefined And Unchecked Wrongful Gains In A Time Of Acute Crisis To Be Tested Morally Or, Legally?

first_imgColumnsHoarding And Black Marketing – Undefined And Unchecked Wrongful Gains In A Time Of Acute Crisis To Be Tested Morally Or, Legally? Sonia Mathur20 May 2021 1:27 AMShare This – xThe pandemic has had a profound impact on access to health care services and has been made more disruptive by the parallel clandestine market. Admist the Covid-19 pandemic, the problems faced have only been exacerbated by the institutional lack of necessary supplies like medicines, oxygen, refilling of oxygen cylinders and unavailability of hospital beds. In such times of distress and hardship, silver lining is, people helping each other find these essential lifesaving commodities. However, doing “business” is call of the day for some, by maximizing profits. With new instances coming to light every day involving hoarding and black marketing of such utilities, the Indian legal system is grappling with the definition and its understanding of hoarding and black marketing to better enforce its laws. Legal regime in India The Indian Legal system is well equipped, and has been honed over many years. However, in this unprecedented Pandemic situation, it has been put to test and has braved incredible duress in the past year. To control miscreants and regulate the market in such times, various legislations have been in the limelight. The Essential Commodities Act of 1955, is for the control of production, supply, and distribution of certain commodities. The Act does not deal with the term “black marketing” but section 7 prescribes for penalty on violation of government notification issued under section 3. Schedule to the Act includes “drugs” as essential commodity. “Drug” is defined under section 3 of Drug and Cosmetic Act of 1940 to include “medical devices”. This Act was enacted to regulate import, manufacture and distribution of drugs in India. The 29th Law Commission Report of 1966 recommended incorporating socio-economic offences including profiteering, black marketing, and hoarding, in Indian Penal Code in a separate chapter. The report mentioned that the question of black market arises only after the prices are fixed by the government. Similarly, offence of hoarding any article is committed only when its more than what is permitted under the law. Necessarily, black-marketing and hoarding cannot take place in respect of a commodity when its supply position is comfortable, and when, no restrictions are placed. Such restrictions are usually imposed, when necessary, under specific enactments, and the circumstances bound to vary with the commodity and the position prevailing at the time. This report placed reliance on the Australian Black-Marketing Act (49 of 1942) and West Bengal Black Marketing Act 1948 which are now repealed. Prevention of Black-marketing and Maintenance of Supplies of Essential Commodities Act, 1980, was enacted but did not provide for definition of black marketing. Section 3(1) provides that authorities have power to detain a person “with a view to preventing him from acting in any manner prejudicial to the maintenance of supplies of commodities essential to the community it is necessary so to do, make an order directing that such person be detained”. The National Security Act of 1980 under Section 3(2) gives similar power to the Central Government or the State Government, if the act is in any manner prejudicial to the security of the State, apart from being prejudicial to the maintenance of Public order or to the maintenance of supplies and services essential to the community. The phrase “acting in any manner prejudicial to the maintenance of supplies of commodities essential to the community” has been addressed by the Supreme Court in several cases while deciding on the validity of detention orders passed under the Act. In order to more effectively deal with persons indulging in hoarding and black-marketing and profiteering in essential commodities, the Central Government enacted the Essential Commodities (Special Provisions) Act, 1981, which came into force on 1st September, 1982. Special provisions by way of amendment to the principal Act were made for a temporary period providing summary trial of offences under the Essential Commodities Act , constitution of special courts, enhancement of sentence and making the offences as cognizable and non bailable and providing for stricter provisions for grant of bail. By virtue of Section 1(3) and as indicated in the preamble to the Act, the same was to be valid for a period of 15 years from the date of commencement and thus, the Act which came into force on 1st September, 1982 remained in force only till 31stAugust, 1997. In a PIL before Delhi High Court, in May,2021, court has issued notice to the Union Health Ministry and Delhi Govt on a plea which also seeks setting up of fast track courts to deal exclusively with cases of black marketing and hoarding of medicines and equipment. The Prevention of Hoarding and Profiteering Bill, 2010 – section 2 (b) defined “hoarding” as accumulating essential goods or stocks intended for sale to consumers with a view to cornering such goods so as to create their artificial scarcity and to raise their selling prices thereafter. Laws applicable by virtue of the pandemic situation: The Epidemic Act, 1897 was enacted to enable better prevention of spread of Dangerous Diseases. Under the Act, authorities can take “Special Measures” and prescribe such regulations. This becomes relevant when seen in consonance with the above statutes since most Essential Commodities currently are Medical Commodities, meant to provide respite to persons suffering from aggravated symptoms of Covid-19. Items like Medicines, masks, Oxygen Cylinders and concentrators scarce not only because of increased demand but also because of various widespread incidents of hoarding. These Acts are usually seen along-with National Disaster Management Act, 2005 which was created for effective handling and management during disasters and other incidents related, which include a global pandemic. Administrative Shortfall or Exceptional Circumstances? Despite a robust legal regime on paper, the Indian administration has struggled with the issue of “Hoarding” and “Black Marketing” since the pandemic has started, be it manufacture and sale of fake sanitizers and masks or scarce Medicines and Oxygen supplies. According to reports, over 300 FIRs have been registered alleging hoarding and black-marketing. While some gain traction in public discourse, other instances get lost in the myriad. However, it is a folly to think such instances are limited to India. As reported on Interpol’s website, under Operation Pangea XIII in March of 2020, counterfeit facemasks, substandard hand sanitizers and unauthorized antiviral medication were all seized, by the police, customs, and health regulatory authorities from 90 countries in a collective action against the illicit online sale of medicines and medical products. This exercise has resulted in over 120 arrests worldwide. The Delhi High Court issued directions on 02.05.2021 in the case of Bram Health Care Private Ltd. V/s Union of India that none of the equipment or medicines used in treatment of Covid 19 should be sold at prices above MRP. Directions were also issued regarding several malpractices pertaining to black marketing, hoarding and overcharging for some essential services such as ambulances etc. On 12th May, 2021, Delhi High Court observed that its high time that MRP of Oxygen Concentrator and other equipment in demand for Covid treatment, is fixed. Several other High Courts have issued similar directions in the respective States. Such directions and more stringent laws and proactive approach at the central level towards curbing such unethical and illegal activities, is need of the hour. Appropriate orders/directions should be issued fixing/capping MRP of all necessary medicines and equipment at the earliest possible. What is required is, for the government to deal with each of the issues at an individual level by issuing orders, circulars or notifications, even if time bound, to ensure that the prevalent law is appropriately enforced and wherever there exists a void in the price control mechanism, the same should be taken care of at the earliest. Apart from increasing the gulf between have and have nots, black marketing and hoarding are directly proportional to social loss and at a time of global pandemic it indirectly adds to emotional loss too. Views are PersonalThe Author is a Senior Lawyer at the Supreme Court Of IndiaTagsCovid-19 Pandemic Black Marketing Essential Commodities Act 1955 Next Storylast_img read more

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Portland wins series opener, 4-3 over BYU

first_img Tags: Baseball/BYU Cougars/WCC Written by April 12, 2018 /Sports News – Local Portland wins series opener, 4-3 over BYU FacebookTwitterLinkedInEmailPORTLAND, Oregon (April 12, 2018)—A pair of lead-off home runs along with 15 strikeouts made the difference for the University of Portland defeating BYU 4-3 on Thursday.Cody Hawken and Daniel Lopez knocked the second pitch of the fourth and sixth innings as the Pilots tied, then grabbed the eventual lead. The win improved the Pilots record to 12-19 overall and 5-8 in the West Coast Conference, while BYU is now 17-14 and 6-7.“Jordan (Wood) didn’t have his best stuff tonight but he pitched his butt off and competed for us,” BYU coach Mike Littlewood said. “Offensively, we had a lot of selfish at-bats and couldn’t get a big hit. We had way too many strikeouts and poor at-bats.”The Cougars took the initial lead when Brock Hale led off with a short-hop double off the left field wall and scored on Nate Favero’s single to right field in the second inning.In the third frame, Keaton Kringlen made the catch in left field for out number two on a sacrifice fly which gave Portland a 2-1 lead. Kringlen then threw to second on an appeal when the Pilot runner left early on the tag to complete an inning-ending double play.BYU regained the lead at 3-2 in the fourth when the Pilot shortstop’s rushed throwing error allowed Kringlen and Jake Brown, who had doubled, to score.That lead was short-lived when UP’s Hawken hammered his homer to left. Then, Lopez’s dinger in the sixth gave the Pilots a 4-3 lead.The two teams play the second of a three-game series on Friday evening. Robert Lovelllast_img read more

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Jemena step closer to securing planning approval for Port Kembla pipeline project

first_img Jemena proposes to connect AIE’s Port Kembla LNG import terminal to its Eastern Gas Pipeline. (Credit: Australian Industrial Energy) The state government of the New South Wales (NSW) in Australia has prioritised planning approval to new gas connection from the proposed Port Kembla LNG Import Terminal to the 797km long Eastern Gas Pipeline (EGP).Located at Port Kembla near Wollongong, the Port Kembla LNG Import Terminal has been placed on NSW government’s Priority Project List, which will be fast-tracked to support the economic recovery of the state following the coronavirus pandemic.The project is being developed and will be operated by an Australian-Japanese consortium, called Australia Industrial Energy (AIE).The Eastern Gas Pipeline (EGP), which is owned and operated by Jemena, is a natural gas supply artery between gas fields located in Gippsland in Victoria and the major gas markets in NSW and the Australian Capital Territory.Jemena intends to make the EGP bi-directionalAdditionally, Jemena is considering making the EGP bi-directional to facilitate surplus gas to flow to Victoria.Jemena gas markets executive general manager Antoon Boey said: “We welcome today’s announcement from the New South Wales Government as a vital step towards expediting this crucial gas project.“We know many New South Wales and Victorian homes rely on gas for cooking, hot water, and heating and that it is an irreplaceable input into manufacturing and commercial operations in both states. We’ve taken steps to ensure we’re ready to commence construction of our pipeline link as soon as we know the import terminal is proceeding.“The proposed upgrades to the Eastern Gas Pipeline are the cheapest way of bringing new gas and competition to New South Wales to help drive down costs.”Jemena said it plans to invest A$70m ($48.58m) to build the lateral pipeline and modify the EGP. The project is expected to create over 180 construction jobs.Work on the EGP upgrade project is planned to commence once the final investment decision for the Port Kembla LNG import project is made which is expected before the end of 2020. Port Kembla LNG Import Terminal has been placed on NSW government’s Priority Project Listlast_img read more

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Qatar Petroleum signs a long-term SPA to supply 2 MTPA of LNG to China’s Sinopec

first_img Qatar Petroleum signs a long-term SPA to supply 2 MTPA of LNG to China’s Sinopec. (Credit: Free-Photos from Pixabay.) Qatar Petroleum today entered into a 10-year LNG Sale and Purchase Agreement (SPA) with China Petroleum & Chemical Corporation (Sinopec) for the supply of 2 million tons per annum (MTPA) of LNG to the People’s Republic of China.The SPA was signed by His Excellency Mr. Saad Sherida Al-Kaabi, the Minister of State for Energy Affairs, the President and CEO of Qatar Petroleum, and Mr. Zhang Yuzhuo, the Chairman of Sinopec Group, during a virtual ceremony attended by senior officials from both sides.Under the agreement, LNG deliveries will commence in January 2022, and will be delivered to Sinopec’s LNG terminals in China. This SPA further demonstrates the State of Qatar’s continued commitment to meeting the growing energy demand of its customers globally in the form of reliable long term LNG supplies.Commenting on this occasion, His Excellency Mr. Saad Sherida Al-Kaabi, the Minister of State for Energy Affairs, the President and CEO of Qatar Petroleum, said, “In a step that will further solidify the excellent bilateral relations between the People’s Republic of China and the State of Qatar, we are delighted to enter into this historic long term LNG SPA. We are also proud of the fact that this agreement will be Sinopec’s first long term LNG SPA from Qatar, and we are hopeful that it will mark the start of a long and fruitful partnership with Sinopec. Our LNG relationship with China dates back to 2009, when we started supplying LNG through a host of LNG SPAs with a number of our valued Chinese partners. This SPA will further supplement Qatar’s contribution in meeting China’s growing energy needs and we look forward to commencing deliveries under the agreement.”H.E. Minister Al-Kaabi concluded his remarks by saying, “This SPA also illustrates our position in the market as a reliable and trust-worthy LNG supplier, and we are grateful to all our customers around the world who select us as their LNG supplier of choice.”Mr. Zhang Yuzhuo, Chairman of Sinopec Group, said, “Sinopec has been a strong advocate for cleaner and greener development. The signing of the long term LNG SPA with Qatar Petroleum is a further step by Sinopec to deliver its commitment to sustainability while meeting the growing needs of the Chinese market. We believe achieving carbon emission peak and carbon neutrality are responsibilities of the energy industry and call for transformation. We are proud to team up with Qatar Petroleum, one of the premier suppliers in the industry, to supply cleaner energy to China. We are also excited to begin a new journey of more comprehensive cooperation with Qatar Petroleum in the years to come.”Khalid bin Khalifa Al Thani, CEO of Qatargas, commented on the new SPA: “This landmark agreement comes as a boost to the existing relationship with our Chinese customers. As the World’s Premier LNG Company, Qatargas is committed to meeting the clean energy needs of customers around the globe who depend on reliable LNG deliveries.”Since the first LNG delivery in September 2009 to date, Qatar has supplied China with more than 62 million tons of LNG. China is a key and strategic energy partner for the State of Qatar throughout the entire energy value chain. It is also a main driver of the growth in the global LNG market as the government adopts increasingly progressive environmental policies.​ Source: Company Press Release LNG deliveries will commence in January 2022, and will be delivered to Sinopec’s LNG terminals in Chinalast_img read more

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