5 October 2005South Africa and Iraq have resolved to increase political and trade relations, especially in the oil sector, and South Africa is seriously considering opening a mission in Baghdad.This emerged following the first South Africa/Iraq meeting between Deputy Foreign Minister Aziz Pahad and his Iraqi counterpart, Talib Al-Bayati, at the Union Buildings in Pretoria on Tuesday.Pahad told reporters that the parties discussed broad economic relations, and that the Iraqi delegation had informed them that the Iraqi oil industry had “tremendous” potential for involvement and investment.Iraq has the second-largest oil reserves in the world.Pahad said the relevant departments from both sides would look further into the potential of economic relations between the two countries. The two deputy ministers also discussed the potential of visits between the two countries’ business sectors.“The deputy minister [Al-Bayati] has stressed that there is a lot of potential in Iraq in the post-conflict situation and reconstruction and development process for international partnerships generally and specifically for South Africa,” Pahad said.Economic trade between South Africa and Iraq increased from over R90-million in 2004 to over R200-million during the first five months of 2005.“There are a lot of Iraqi business people based in [neighbouring] Dubai, Jordan and Kuwait, and we think that can become the starting point between the business sector and parastatals,” Pahad said.He added that he had received a “thorough” briefing Al-Bayati on the constitutional process unfolding in Iraq, including the referendum on the draft constitution that is scheduled for later in October, to be followed by elections in December.“[The Iraqi] government is confident that there will be a very successful turnout and that a political process is on the roll,” Pahad said. “We also received a briefing on the security situation there.”He said the South African government had always believed that Iraq was “very strategically placed” and that when peace finally came it would be a major player in the Middle East region.The South African delegation to the meeting briefed the Iraqi delegation on developments in the country and the continent, as well as South Africa’s interest in increasing economic relations in the Middle East region.Al-Bayati said Iraq viewed South Africa – the only African country in which Iraq has an embassy – as important, and that it envisaged strengthening existing political and economic relations with SA.“There is a lot of potential resources in Iraq such as oil, gas and minerals,” Al-Bayati said. “Iraq needs oil for reconstruction, and we need all kind of help from friendly countries, and South Africa can do a lot to help the Iraqi people and government.”On security issues, Al-Bayati said Iraq was up against groups like the Al-Qaeda that did not believe in democracy and attacked women and children.“They consider everybody who takes part in elections, referendums or democratic processes as infidels who deserve to be killed. Car bombs are targeting innocent civilians and it is our responsibility to protect our people and maintaining security.“We had a vacuum of power because of the collapse of the [Saddam Hussein] regime and the dismissal of the army and police force, but now we are in the process of rebuilding our army, police force and security organisations,” he said.He added that when the elected Iraqi government took over the running of the country, its security forces would be capable of maintaining security, and would discuss taking over from the multinational force deployed there.“We will keep them for as long as they are needed and they will not be kept [in Iraq] longer than they are needed,” he explained.Source: BuaNews
A group composed of concerned sports officials, coaches, athletes and sports aficionados held separate peace rallies in Manila and Cebu Thursday in an effort to pressure the Philippine Olympic Committee into a change of leadership.And with the target of the rallies, POC president Jose “Peping” Cojuangco reportedly unmoved by calls for his resignation, it looks like things are just getting started.ADVERTISEMENT Trump to designate Mexican drug cartels as terrorist groups Navarro catches fire late as San Sebastian forces three-way tie for 4th Hotel says PH coach apologized for ‘kikiam for breakfast’ claim Hundreds showed up in the Cebu rally, which was a bit larger than the one that gathered at Rizal Memorial. But Mequi said the important thing was to get the call for change going.“The presence of the old and the children, and a very apparent absence of those in-between, reflects the state of Philippine sports,” Mequi said. “The in-between who were not there constitute those who are involved in sports as leaders or managers of sports who tolerate the current practice of [not caring], who are satisfied with mediocrity.” LATEST STORIES Don’t miss out on the latest news and information. Sports Related Videospowered by AdSparcRead Next MOST READ Ethel Booba on hotel’s clarification that ‘kikiam’ is ‘chicken sausage’: ‘Kung di pa pansinin, baka isipin nila ok lang’ Winter storm threatens to scramble Thanksgiving travel plans View comments PSC Commissioner Mon Fernandez leads demonstrators in Cebu for the ouster of POC president Peping Cojuangco. Contributed photo. Argentine bishop appears at court hearing on abuse charges Lacson: SEA Games fund put in foundation like ‘Napoles case’ And the group seeking his ouster is bracing itself for a tough fight.“We will now shift gear and pressure the government to file charges against Peping and those who are found to be guilty in mismanaging people’s money,” Mequi said.Aside from calling for Cojuangco’s resignation, Fernandez said the rally in Cebu was also to call for a more equitable means for provincial athletes to make the national team.“What we are doing here is for the athletes, especially the ones from the provinces,” said Fernandez.“We feel like we are always victims of favoritism and prejudice,” added the PBA legend, who cited the problems of Mary Joy Tabal with the athletics association.ADVERTISEMENT “What will follow will be worth watching,” said former Philippine Sports Commission Chairman Perry Mequi, who led a small group that assembled at Rizal Memorial Coliseum for the Manila rally.In Cebu City, PSC commissioner Mon Fernandez led a bigger group that gathered at Fuente Osmeña circle and exhorted the athletes to distance themselves from the politicking and focus on their training.FEATURED STORIESSPORTSSEA Games: Biñan football stadium stands out in preparedness, completionSPORTSPrivate companies step in to help SEA Games hostingSPORTSBoxers Pacquiao, Petecio torchbearers for SEA Games opening“Just keep practicing and let us do the fight for you,” Fernandez told the athletes.Cojuangco, who arrived from Turkmenistan, where he watched the campaign of the Philippine delegation in the Asian Indoor and Martial Arts Games, could not be reached for comment but sources say he will not give in to calls for his resignation. Robredo: True leaders perform well despite having ‘uninspiring’ boss PLAY LIST 02:49Robredo: True leaders perform well despite having ‘uninspiring’ boss02:42PH underwater hockey team aims to make waves in SEA Games01:44Philippines marks anniversary of massacre with calls for justice01:19Fire erupts in Barangay Tatalon in Quezon City01:07Trump talks impeachment while meeting NCAA athletes02:49World-class track facilities installed at NCC for SEA Games ‘A complete lie:’ Drilon refutes ‘blabbermouth’ Salo’s claims No more menthol cigarettes: New ban on tobacco, vape flavors
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Writing about dress colors isn’t usually in our wheelhouse, but given how the sports world was responding to the viral debate regarding this photo Thursday night, we figured we’d get involved. We also figured we’d update you on the answer to the debate, as well as the reason that people are seeing the same dress in such drastically different colors.First, for those who haven’t seen the photo before – see below. Some people see it as white and gold, while others see it as blue and black.In the morning when I was looking at that dress, it was black&blue now in the evening its white&gold! WTF? HOW? :DDD pic.twitter.com/lwS8oQlcvx— Laura Slivka (@zeGoattt) February 27, 2015In reality, the dress is blue and black. That will probably shock half of you out there, but it’s true.Hey everyone, you can buy the dress yourself and see that it’s blue and black #whiteandgold #blackandblue #yallidiots pic.twitter.com/7XkMgMPFvi— Max (@thabaerjew) February 27, 2015So why is the world split on this? Wired probably has the best explanation we’ve seen out there. In short, a given person’s visual system is either discounting the color blue or the color gold involuntarily.This image, though, hits some kind of perceptual boundary. That might be because of how people are wired. Human beings evolved to see in daylight, but daylight changes color. That chromatic axis varies from the pinkish red of dawn, up through the blue-white of noontime, and then back down to reddish twilight. “What’s happening here is your visual system is looking at this thing, and you’re trying to discount the chromatic bias of the daylight axis,” says Bevil Conway, a neuroscientist who studies color and vision at Wellesley College. “So people either discount the blue side, in which case they end up seeing white and gold, or discount the gold side, in which case they end up with blue and black.” (Conway sees blue and orange, somehow.)Business Insider also has a decent writeup on the situation.The sports world has been having a field day relating this to team colors. Coach Cal made a joke last night. Duke basketball made another this morning. It probably won’t end for some time.
Yum! Brands, the world’s largest restaurant company and parent of KFC, Pizza Hut and Taco Bell, announced today that multi-Grammy Award winner and pop superstar Christina Aguilera is using her voice for good in the fight against hunger by filming a new PSA for the Company’s World Hunger Relief effort that benefits the United Nations World Food Programme (WFP) and other hunger relief agencies.Christina Aguilera For HungerAguilera will appear in the new PSA as well as in advertising, online efforts and posters made possible by KFC, Pizza Hut and Taco Bell to be released this fall. She has served as global spokesperson for Yum! Brands’ World Hunger Relief effort since 2009 where her participation has helped raise millions for WFP and other hunger relief agencies. She also serves as an “Ambassador Against Hunger” for WFP where she has traveled on relief trips with the organization to Haiti and Guatemala.Video: Behind the Scenes Footage: Christina Aguilera’s New World Hunger Relief PSAThere are nearly 1 billion hungry people around the world today. Hunger and malnutrition are the number one risk to health worldwide – greater than AIDS, malaria and tuberculosis combined.“I’m excited about my new PSA for Yum! Brands’ World Hunger Relief effort this fall using my voice for good to help feed millions of children who go to bed hungry every night,” said Aguilera. “I hope to inspire others to use their voice for good and move millions of people from hunger to hope.”Yum! Brands’ annual fall World Hunger Relief effort is the world’s largest private sector hunger relief initiative, spanning more than 120 countries, nearly 38,000 KFC, Pizza Hut and Taco Bell restaurants and over one million employees, to raise awareness, volunteerism and funds for WFP and others. Consumers can visit www.FromHungertoHope.com or donate in the restaurants this fall. Every U.S. dollar raised will go directly towards WFP’s operations to fight hunger around the world.“We are extremely thankful for Christina’s passion to help us raise attention to the critical global hunger problem, inspire others to become part of the solution and save millions of lives,” said David Novak, Chairman and CEO, Yum! Brands, Inc.Since World Hunger Relief launched in 2007, more than one million of the Company’s employees, franchisees and their families have volunteered millions of hours to aid hunger relief efforts in communities worldwide. The effort has raised $115 million for WFP and other hunger relief organizations and is helping to provide 460 million meals and save the lives of millions of people in remote corners of the world.Yum! is also addressing hunger across the U.S. through its Harvest program. Since its launch over two decades ago, Harvest has become the largest prepared-food donation program in the world. Through Harvest, Yum! has donated over 148 million pounds of food, with a value of nearly $650 million, to those at risk of hunger in the U.S. The Company also has been the primary sponsor of the Dare to Care Food Bank in Louisville for nine years, and has donated $10 million to this local agency.WFP is the largest humanitarian agency fighting hunger worldwide. Each year, on average, WFP feeds more than 90 million people in more than 70 countries. For more information, visit www.wfp.org.
OSU gymnastics team celebrates senior Kaitlyn Hofland, who earned a career high of 9.925 on uneven parallel bars during 2018 season premiere after recovery from shoulder surgery. She competed against Minnesota and Illinois State Saturday, Jan. 27, 2018 at St. John Arena. Credit: Megan Russell | Senior Lantern ReporterThe Ohio State women’s gymnastics team (1-3) seized its first win of the season during its home-opener at St. John Arena against Minnesota and Illinois State Saturday after losing its first three meets of the season on the road. The Buckeyes posted a season-high point total of 196.775, while garnering seven other podium appearances, nine new personal record scores, and three season-best event finishes. Minnesota finished in second with a 195.775 score and Illinois State finishing in third with a 190.875 mark. “This is the meet I’ve been waiting for,” head coach Meredith Paulicivic said. “It’s great to be in St John, it helps that we have already been in here, and [the team] just did their gymnastics tonight. So it was amazing. I’m super happy for them, because that’s what they’re capable of.”In their first event of the night, the Buckeyes posted a season-high 49.075 mark to take the gold on vault. Sophomore Olivia Aepli finished in the top slot with a career-best score of 9.900 while Mattern finished in second with a 9.875 tally. Freshman Morgan Lowe recorded a personal-best 9.850 mark to finish tied at No. 3 with Minnesota’s Lexy Ramler.Also during the first rotation, Illinois State posted a 46.850 score on balance beam while Minnesota scored 48.375 on uneven parallel bars.On its second rotation, Ohio State earned a 98.400 tally on uneven parallel bars to seal another first-place finish. After receiving clearance for competition before the meet, senior Kaitlyn Hofland made her 2018 season premiere on bars. Hofland delivered for her team, garnering a 9.925 score, to take second for the event. “It felt like it was a long wait, but it was worth it waiting to be home first,” Hofland said. “That was my career high, and it was so fun to have that at home.”Freshman Jenna Swartzentruber also set a career high with a 9.900 mark on bars, tying for third place with Ramler. The Buckeyes held first place with a running total of 98.400 midway through the meet, while Minnesota trailed at 97.125 after its second rotation on balance beam. Illinois State sat in third with a 95.575 running score after its performance on floor exercise. Ohio State continued on balance beam with a score of 48.800. Lowe scored a team-high 9.800 to take fifth in the event.Illinois State, dealing with an injury to Kylie Meyer, scored only 47.550 on its third rotation on vault. Minnesota received a 49.550 on floor exercise in its third performance.The Buckeyes closed the meet on the floor with their best collective performance of the night. Almost finishing with a complete 9.900 score-range slate, Ohio State had five athletes earn career-high scores. “I have seen a ton of improvement in their gymnastics,” Paulicivic said. “I said that at the beginning of the year, we hadn’t seen it out on the floor. I finally feel like all the lines and the things they’ve been working on are coming together.”Junior Jamie Stone earned a 9.950 tally to tie for first place with Ramler, while Mattern tied for third alongside Minnesota’s Ona Loper with a 9.925 finish. Mattern scored a season-high 39.375, earning her second place in the all-around competition, while Swartzentruber trailed with a career-best 39.225 score to take bronze. Ramler finished took home the gold at 39.600.“Tonight was one of the most incredible things I have been a part of here at Ohio State,” Mattern said. “There was so much energy, so much positivity, just good vibes all throughout.”Ohio State will be on the road again to compete against Rutgers in Piscataway, New Jersey, at 7 p.m. Feb 3.
Shah Rukh KhanBen Pruchnie/Getty ImagesAfter the failure of Shah Rukh Khan’s last film Zero, fans are curious to know about SRK’s next movie. Although there has not been any declaration on those lines, the superstar has now spoken about his upcoming project.Shah Rukh during a recent interview after being honoured with a doctorate degree from the University of Law in London, made an interesting statement when asked about his next film.A video from the interview has been doing the rounds on social media that shows Shah Rukh saying that his next role will be “as sexy as you want” to be.”My next role will be as sexy as my last one. So you want me to be a sexy father, a sexy hero, sexy whatever you want me to be. My next role will be as sexy as you want me to be,” SRK told BBC.The actor during the same interview spoke about the progressive changes that have come for women in the industry in the current time. He appreciated the changing “attitude” of people for women at the workplace.”The roles of women and the kind of attitude you have at the workplace for women is changing for positive. There will be discrepancies and ups and downs too. There were times when I was working in the ’90s that if a lady got married, she normally did not have the opportunity to come back and act in a film but now all of them are acting in films and its so seamless and nice, so I think lots of positive stuff for female actors in the film industry,” he said.Shah Rukh has been having a dull phase since at the box office since quite some time. Zero was a highly anticipated film, and its failure has not only disappointed his fans but apparently affected SRK too. However, the actor appears to have moved on from the debacle and is now all set to surprise fans with a new project.”I want to make ppl happy now personally and change their lives” This beaming face adds more attraction to his wizard, appealing charisma@iamsrk ❤ and his interview for @bbcasiannetwork after receiving his 4th doctorate speaking about #MeToo movement#UniversityOfLawHonoursSRK pic.twitter.com/MF9gcTni4o— ѕαмα мσнαмє∂?? (@samagenedy) April 5, 2019
The lowest offer in the tender from Bangladesh’s state grains buyer to purchase 50,000 tonnes of parboiled rice was $445.11 a tonne CIF liner out, officials in Bangladesh and European traders said on Monday.The offer was made by trading house Olam.The tender had closed on 11 June and the rice is to be shipped within 40 days of contract signing.No purchase has yet been made and offers are still being considered, European traders added.They said the other offers in the tender in dollars a tonne CIF liner out were: Agro Corp at $449.55, Singsong Food at $458.00, Desh Trading at $459.67, Amir Chand at $474.00 and Sukhbir Agro at $459.30.Bangladesh has started a new programme to import rice to build reserves and cool local prices after sudden floods damaged local crops.Domestic rice prices reached record highs in May and state reserves are at six-year lows in the wake of the flooding that wiped out around 700,000 tonnes of Bangladesh’s rice crops.The state grains buyer said it would import 600,000 tonnes of rice after the flooding, initially issuing two tenders for a total of 100,000 tonnes of rice, its first such tenders since 2011.
April 6, 2000Bernadette O’Neill is applying the glaze on the bells in theCeramics Apse. Photo by: DoctressNeutopia
Recommended Link — Recommended Link How This Great Trade Went South Let me tell you a story about the absolute best and worst put option trade I’ve ever seen. The trader made the most money I’ve ever seen on one put option trade, then he gave it all back… In September 1987, I was running the trading desk for a small regional brokerage firm. We had a handful of big-name clients, folks who appeared regularly on the Financial News Network (the precursor to CNBC). One of these clients was a value-oriented newsletter writer. His investment style was ultra-conservative and ultra-prudent. So in September 1987, when this client bought a large number of put options on the S&P 100 (OEX), I took note. It was the first option position this client had ever purchased. He was buying these put options to hedge his managed-money portfolios against a sudden crash in the stock market. It worked perfectly. When the stock market crashed on October 19, 1987, the put options this client purchased rallied enough to completely offset the decline in his stock portfolios. It was, in my opinion, the most perfect hedge anyone executed prior to the crash. But it turned out to be a disaster for his accounts. You see, the money manager never sold the options. Despite the market crashing, despite the VIX jumping above 100, despite the options he purchased trading for 20 times the amount he paid, he wanted to maintain the hedge. He wanted to keep his insurance in case stocks dropped even more. They didn’t. When his options expired in November, even though the broad stock market was almost 25% lower than where it was when he bought the puts, his put options expired worthless. Stocks hadn’t rallied much off the October crash bottom. The S&P 500 was maybe 5% higher. The stocks this advisor held in his managed accounts were still suffering from the crash. And he never collected from the insurance he bought to protect his clients from the crash. His clients suffered from the decline in the market, and they suffered from paying the option premium that was supposed to protect them from a crash. So what appeared to be a brilliant move in September 1987 turned out to be an expensive mistake by late November. His clients suffered from a decline in their stock holdings, and they also suffered as the OEX put options expired worthless. You need to be willing to take profits quickly. As stocks fall, the implied volatility of the option premium increases. You don’t need to wait for the stock to achieve your downside target. The option premium will often inflate to reflect the downside potential. Be willing to sell into that. — You need to buy cheap put options, and you need to be willing to lose 100% of the premium you pay for the options. It should be less of a loss than short selling the stock. Justin’s note: Today, I want to share a special essay with you from our good friend and colleague Jeff Clark. Jeff is a master trader who’s made a fortune in the options market for over 30 years. Below, he tells the story of a client’s perfectly executed trade that ended up going horribly wrong… and gives three lessons he learned from that mistake. By Jeff Clark, editor, Delta Report The stock market has entered “the worst six months of the year.” The S&P 500 makes its best gains between November 1 and April 30. The period between May 1 and October 31 tends to be negative. The exact historical figures vary depending on who you ask. But there’s a good reason the Wall Street cliché machine advises to “sell in May and go away.” Stocks don’t do very well this time of year. And most of the major stock market disruptions of my lifetime occurred during this six-month window. Smart investors should take some time off. Enjoy the fruits of the “Trump rally.” Cash in your 13% gain on the S&P 500 since last Halloween and enjoy the summer. We’ll see you back in the action in time for Thanksgiving. But… if you want to make some money while the rest of the world is losing it, then stick around. Smarter investors could have the best six months ever. Millionaire SLAMS Smug Media in TV Interview So eager to catch Trump on Russia, they’ve ignored some worrying developments concerning the banking industry and our money. [Urgent Announcement] Banking Insider Warns: “If you were born before 1969, you should move 20% of your savings here now.” More than 60,000 Americans are now following “Ronald Reagan’s Secret Retirement Income Plan,” and moving their money out of the traditional financial system into one little-known safe haven where wealth grows tax-free… This 100% legal “tax shelter” has proven – over 232 years – to protect and grow wealth in times of recession, depression, inflation, and even dollar weakness. Joe Biden, Hillary Clinton, and at least 52 other Washington officials have already moved a portion of their cash here… The big banks have already moved $143 billion here… and plan to move billions more. Now, you can find out all the details for FREE. Click here to claim your free starter kit. You need to target stocks that are overextended to the upside and have negative divergence on the technical indicators. A Simple Lesson The lesson here is simple… When you’re betting on a broad stock market decline, you need to buy cheap put options AND you need to be willing to cash out of the trade when it moves in your direction—even if you think the move will go farther. In my experience—which goes back more than three decades—if you want to profit on the short side of trading stocks, you need to get three things right… Think about this for a moment… Over the past 20 years, the Volatility Index (VIX)—a measure of the price investors are willing to pay to insure their portfolios against a significant market decline—has traded between a low of about 10 to a high of about 80. Recently, the VIX closed at 11—one of the lowest readings in the past 20 years. This happened at a time when the S&P 500 closed near an all-time high. So with the broad stock market trading at its highest level ever, insurance is about as cheap as it has been in the past 20 years. In other words, as we enter the worst six months of the year, put options—bets that the stock market will fall—are as cheap as they’ve been in two decades. This is a remarkable opportunity to profit as stock prices decline. Speculators can risk relatively small amounts of capital and achieve HUGE returns if stock prices fall. But there are a few tricks to profiting on the downside… How to Profit as Stocks Fall Over the long term, stocks go up. Don’t argue about it. That’s just how it is. The stock market moves higher over time. So short sellers—those folks who profit as stock prices fall—face an uphill battle. Of course, there are situations where short sellers will ultimately profit even if the broad stock market moves higher. For example, companies that commit fraud, take on insane amounts of leverage, or overhype a fad business almost always eventually crash and burn. But opportunities to short the stock in these firms are few and far between. For the most part, traders who are looking to short sell are going to trade on momentum. They’re going to look for overbought situations that look ready to reverse. They’re going to buy cheap, out-of-the-money put options. They’re going to be lightning fast, taking profits as the trade moves in their favor. And they’re not going to stress out about losing 100% on a trade because they kept their position size small enough to digest the loss. Jeff Clark Editor, Delta Report Justin’s note: Tomorrow, Jeff will be releasing a brand-new presentation on what he calls “the biggest breakthrough of my career.” In it, he’ll reveal a trading strategy that he’s been developing for over five years… has a success rate of 90.2%… average gains of 50%… and an average trade length of just two days. E.B. Tucker, editor of The Casey Report, and Doug Casey have been talking all about it these past few months. They think it’s one of the most fascinating moneymaking ideas they’ve ever encountered. Most people will be watching this presentation at 12 p.m. ET tomorrow… but as a Casey reader, E.B. will be sending you the video early, so you can start watching ahead of the crowd at 9 a.m. We hope to see you there. Best regards and good trading,