Wall St slips as energy shares hit by oil price – New York Report

first_img by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTele Health DaveRemember Pierce Brosnan’s Wife? Take A Deep Breath Before You See What She Looks Like NowTele Health DaveMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity WeekThe No Cost Solar ProgramGet Paid To Install Solar + Tesla Battery For No Cost At Install and Save Thousands.The No Cost Solar ProgramHero Wars This game will keep you up all night! Hero Wars Ultimate Pet Nutrition Nutra Thrive SupplementIf Your Dog Eats Grass (Do This Every Day)Ultimate Pet Nutrition Nutra Thrive SupplementFungus EliminatorIf You Have Toenail Fungus Try This TonightFungus EliminatorNational Penny For Seniors7 Discounts Seniors Only Get If They AskNational Penny For SeniorsLoan Insurance WealthDolly Parton, 74, Takes off Makeup, Leaves Us With No WordsLoan Insurance Wealth whatsapp Express KCS Wall St slips as energy shares hit by oil price – New York Report Show Comments ▼ US STOCKS ended slightly lower yesterday after European Central Bank president Mario Draghi brushed off pressure for more immediate monetary policy action, but said the issue would be addressed early next year.The Dow Jones industrial average fell 12.52 points, or 0.07 per cent, to 17,900.1, the S&P 500 lost 2.41 points, or 0.12 per cent, to 2,071.92 and the Nasdaq Composite dropped 5.04 points, or 0.11 per cent, to 4,769.44.The day’s losses were slight but broad, with seven of the ten primary S&P 500 sectors ending in negative territory and no sector up more than 0.3 per cent.The day’s losses were concentrated in energy shares, where the S&P Energy sector lost 0.8 per cent alongside a one per cent drop in the price of crude oil. ConocoPhillips fell 2.1 per cent to $69.31, while Chevron was off 1.3 per cent at $112.28.The moves follow three days of gains, when the group advanced 3.2 per cent.Microsoft rose 1.6 per cent to $48.84, limiting the decline in all three major indexes. Earlier, Barnes & Noble struck a deal to buy Microsoft’s stake in Nook Media in a deal valued at $125m. Shares of Barnes & Noble fell 5.4 per cent to $21.03.Procter & Gamble rose 0.64 per cent to $90.58 and American Express also added 0.64 per cent to $91.83.UnitedHealth Group closed down 1.12 per cent at $99.67, and General Electric retreated 1.10 per cent to $26.09. Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe Wrap’Drake & Josh’ Star Drake Bell Arrested in Ohio on Attempted ChildThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe Wrap’Black Widow’ First Reactions: ‘This Is Like the MCU’s Bond Movie’The WrapKatt Williams Explains Why He Believes There ‘Is No Cancel Culture’ inThe Wrapcenter_img whatsapp Thursday 4 December 2014 8:14 pm Share Tags: NULLlast_img read more

JOB VACANCY: O’Neill-Foley Accounting and Business Advisory Firm are looking to fill a number of roles

first_imgHome Jobs JOB VACANCY: O’Neill-Foley Accounting and Business Advisory Firm are looking to fill… Jobs Facebook Here are all of Wednesday’s Laois GAA results RELATED ARTICLESMORE FROM AUTHOR In line with their continued development and expansion O’Neill Foley, Chartered Accountants and Business Advisors are seeking to recruit for the following roles.Corporate Finance ManagerExperienced professional required to develop and expand the role of Corporate Finance within the firm.  The level of responsibility and remuneration will be commensurate with the experience attained to date by the successful candidate.Qualified AccountantThe firm is seeking to recruit recently qualified individuals, ACA, ACCA, CPA qualification will be welcomed.Accounts AssistantVacancy exists for accounts assistant to work on outsourced services for clients.  The scope of work includes maintaining accounts payable and account receivables and Revenue compliance for VAT, VIES and Payroll.To apply …Applications to be submitted in strictest confidence to [email protected]’Neill Foley – Patrick’s Court, Patrick Street, Kilkenny R95 N28FAddress: Patrick’s Court, Patrick Street, KilkennyPhone: 056 7721157Website: www.onf.ieSEE ALSO – Check out the dedicated jobs section on LaoisToday GAA Pinterest Twitter WhatsApp Twitter GAA Facebook By LaoisToday Reporter – 23rd July 2019 TAGSO’Neill-Foley Accountants Kelly and Farrell lead the way as St Joseph’s claim 2020 U-15 glory Previous articleLISTEN: Snapchat predictions, Laois U-20 footballers and Shane Lowry – it’s all on our latest PodcastNext articleDeaths in Laois – Tuesday, July 23, 2019 LaoisToday Reporter Pinterest GAA JOB VACANCY: O’Neill-Foley Accounting and Business Advisory Firm are looking to fill a number of roles WhatsApp 2020 U-15 ‘B’ glory for Ballyroan-Abbey following six point win over Killeshinlast_img read more

Severity of default depends on whether Greece remains within euro

A disorderly Greek sovereign default would be far more damaging to corporate credit ratings if it results in Greece leaving the European monetary union as a result, says Fitch Ratings. In a new report, Fitch says that while a default would certainly weaken Greek corporates’ credit profiles, the severity of the outcome would depend greatly on whether or not Greece remained within the euro. It believes that a scenario that involves leaving the euro would do much more damage than a disorderly default within the monetary union. DB plan solvency in best position since financial crisis: FSRA Related news Lessons from 2009 helped BoC avoid liquidity stress in 2020 Stranded assets a downgrade risk in a low-carbon economy James Langton Share this article and your comments with peers on social media The rating agency says that Greece’s planned referendum to approve the economic and financial conditions associated with the new EU-IMF programme has reawakened market concerns about a disorderly default, and it believes rejection of the EU-IMF programme would increase the risk of a forced and disorderly sovereign default, potentially leading to a Greek exit from the euro. Carney says Greek referendum could be useful It has run two hypothetical scenarios about the potential effect of a disorderly default on corporate ratings. In the scenario where a country defaults on its debts but stays in the euro, it says that many previously strong credit profiles would drop below investment grade due to a worsening macroeconomic climate, a temporary lack of access to funding, and potential stress on utilities’ regulatory remuneration mechanisms. “However, we would generally expect companies to struggle on, with limited numbers of low-impact defaults driven by liquidity problems,” it says. In the scenario where it exits the euro, there are added challenges of redenominating local currency cash balances and earnings, capital controls, and hyperinflation. “Combined, these make it very hard for companies to cover what would now be foreign currency euro debt owed to non-domestic bondholders and banks,” it says. Fitch predicts the highly rated utilities sector would be hardest hit due to its domestic focus, high debt load, and the likely disruption to regulatory tariff frameworks. Industrials and telecoms would fare better as they have greater geographical diversification to shield them from a struggling domestic economy and give them access to foreign currency, it says. Keywords Sovereign rating,  Greece,  Financial crisisCompanies Fitch Ratings Facebook LinkedIn Twitter read more

Household debt ratio higher in Q2

first_img What causes clients to be financially stressed? Craig Wong Keywords Consumer borrowing and saving Facebook LinkedIn Twitter Related news Share this article and your comments with peers on social mediacenter_img The amount Canadians owe compared with their disposable income hit a record high in the second quarter as per capita household net worth inched lower. Statistics Canada said Friday household credit market debt as a proportion of household disposable income increased to 167.8%, up from 166.6% in the first quarter. Income inequality narrowed amid fiscal supports in 2020: StatsCan Rising incomes don’t keep pace with growing expenses for insolvent debtors That means for every dollar of household disposable income there was $1.68 in credit market debt. The increase in the debt ratio came as household net worth on a per capita basis fell by $1,300 to $285,900. “A decline in household net worth, albeit modest, alongside a sharp increase in consumer credit growth are notable as together they suggest that the ability of households to absorb higher interest rates continued to deteriorate,” Royal Bank of Canada economist Laura Cooper wrote in a report. Household debt has been identified as a key risk for the economy as low interest rates have made it easier for Canadians to borrow money. However, rates have started to climb in recent months. The Bank of Canada has raised its key interest rate twice since the end of the second quarter, a move that has prompted the big Canadian banks to raise their prime rates which are used for variable-rate mortgages and other loans like lines of credit. Bond yields have also climbed in recent months, pushing rates for new fixed-rate mortgages higher. “Going forward, the spending environment — for consumers, businesses and governments — will become more challenging in light of the recent interest rate hikes by the Bank of Canada,” Toronto-Dominion Bank economist Dina Ignjatovic wrote in a report. “With additional hikes likely in the pipeline, there will be some further deterioration in the debt service ratio in the coming quarters.” The increase in the debt-to-income ratio came as household income increased 1.2% while household credit market debt rose 1.9%. Total household credit market debt, which includes consumer credit, mortgage and non-mortgage loans, totalled nearly $2.08 trillion in the second quarter. Mortgage debt increased 1.6% to $1.36 trillion, while consumer credit grew 2.4% to $609.6 billion. The household debt service ratio, the total obligated payments of principal and interest as a proportion of household disposable income, was flat at 14.2% in the second quarter. The interest-only debt service ratio was 6.0% in the second quarter, down slightly from the previous quarter.last_img read more

“Spruce-Up Jamaica” Beautifying Jamaica’s Resort Areas

first_imgAdvertisements “Spruce-Up Jamaica” Beautifying Jamaica’s Resort Areas TourismMarch 13, 2009 Related“Spruce-Up Jamaica” Beautifying Jamaica’s Resort Areas FacebookTwitterWhatsAppEmail Efforts to beautify Jamaica’s resort areas have been intensified under phase two of the Spruce-Up Jamaica programme.The programme, which was developed during 2008/2009, aims at providing extensive beautification work in seven parishes – St. James, Westmoreland, Trelawny, St. Ann, Portland, St. Catherine and Kingston.It is a collaborative effort between the Tourism Product Development Company (TPDCo) and the National Solid Waste Management Authority (NSWMA).Executive Director of TPDCo, Earl Patrick, in an interview with JIS News said that the programme “is well on track.”“We entered into an agreement with the National Solid Waste Management Authority to act as our agent to do beautification [and] clean-up in specific areas of Kingston, Montego Bay, Ocho Rios, Runaway Bay, Negril, Port Antonio and sections of the South Coast,” he said.He declared that the work is a six-month programme, which commenced towards the end of November last year. On completion, it will be evaluated and, possibly, be extended for another six months to ensure that the resort areas are maintained in pristine condition.Mr. Patrick said that the activities include: cutting and bushing of verges; planting and pruning of trees; planting of flowers; maintenance of round-a-bouts; and painting of curb walls.The NSWMA has been “very effective” at what they are doing with their expertise and the TPDCo was “quite happy with that,” he said.Dialogue is paramount in the effort and weekly meetings are held with the NSWMA to evaluate the work being done, he said.“Wherever we have little issues, we deal with that around the table and move on,” he explained.“One of the weaknesses that this programme would have, if any, is the challenges of work. The fact that once people see some work going on, they want to know how they are going to get a piece of this work. So, it is a challenge, but I think [the] NSWMA is adequately equipped to deal with this, and I think one of the critical things that they are doing, which we are very pleased with, is that no-one is given a contract,” he remarked.He explained that the NSWMA pays the workers on a weekly basis for whatever measured work they do.“It is not some little man getting a contract and then going to give out some work to someone else. So, that to me, is a very good move and we are happy with what is being done,” he said.The Executive Director pointed out that there is an allocation of some $143 million to cover the island for the first six months.“We are well on track with our spending, and well on track to achieve the objectives we have set out for to the end of the first contract period,” he stated.Mr. Patrick is adamant that the project will remain in budget in 2009/2010, as one of the conditions for going forward is that “we don’t spend the money like drunken failures.”“We want this programme to succeed, we want it to last, we want Jamaicans to feel good, we want everyone to be happy with their environment, and so we are going to make sure that we spend within budget,” he added.The corporation is extremely pleased with the work that has been undertaken thus far, and the response from the public has also been favourable, he admitted.“Right across the island is looking as beautiful as ever, and we are getting letters, phone calls, people are calling the radio stations and saying how happy and pleased they are,” he stated.“We are very pleased about this. We are pleased about the partnership at NSWMA and their very professional relationship. It is a good partnership, and I think it is something that we want to continue with, as long as the results remain as we are seeing them,” he said.Chairman of the Tourism Enhancement Fund (TEF), Godfrey Dyer, said that the Fund finances the cleaning up of the resort areas and some of the parks in Montego Bay, Ocho Rios, Kingston, Negril, Port Antonio and other resort areas.“It is great and we are very satisfied with the quality of work that is been carried out,” he commented.Executive Director of the NSWMA, Joan Gordon Webley, endorsed the partnership during the signing which took place last year.“It was a privilege to be asked to help in the manicuring of Jamaica for Jamaicans and, by extension, our visitors,” she said. “This is a ripple effect for us as, while we are out there collecting the solid waste, we are also able to manicure the lawns of Jamaica.”She welcomed the collaboration with TPDCo and assured that, “we will not let you down, if we let you down, we let ourselves down, and I know Jamaica will not forgive us for that.”The initiative forms part of phase two of the ‘Spruce Up Jamaica, Nice up Yuself’ programme, which was launched in May of last year to clean and beautify major resort towns.The areas to be maintained and beautified include: Sunset Boulevard, Queen’s Drive, Alice Eldemire Drive, Sangster International Airport, Greenwood, Barrett Town, and Rose Hall, St. James; Norman Manley Boulevard, West End Road and Non Pariel Road, Negril; Glistening Waters, Water Square, Salt Marsh Road, Duke Street, Wakefield Road to Water Square, Trelawny.In St. Ann, Milford Road, Runaway Bay and Discovery Bay; Port Antonio, Foreshore Road to Folly, Neville Antonio Park, and Harbour Street in Portland; and the Palisadoes Strip, Michael Manley Boulevard, Constant Spring Road to Six Miles, Marcus Garvey Drive, South Camp Road and Knutsford Boulevard, Kingston.center_img Related“Spruce-Up Jamaica” Beautifying Jamaica’s Resort Areas Related“Spruce-Up Jamaica” Beautifying Jamaica’s Resort Areaslast_img read more

Fair policy reform delivers funding for community infrastructure

first_imgFair policy reform delivers funding for community infrastructure McGowan Government responds to concerns and delivers a contemporary policy with new planning guidelines for community infrastructure funding with policy officially gazetted today Reform delivers a consistent, fair system for development sector and local government New policy offers greater transparency on costs, timing and delivery A long-standing mechanism for funding community infrastructure has been updated to bring more consistency, transparency and fairness to the system.Financial contributions from developers is one of the ways local governments fund new roads, paths and cycleways; water supply, sewerage and drainage connections; parks, open spaces, and community facilities for new and existing communities.State Planning Policy 3.6 – Infrastructure Contributions requires development contribution plans that detail how and when such infrastructure is costed and delivered.Following extensive consultation with the development sector and local government, the McGowan Government has made changes to the policy to address concerns with a lack of consistency and transparency in the system.The policy changes include:Clarifying what is considered community infrastructure, and what can be included in a development contribution plan; Requiring a development contribution plan to be advertised concurrently with, or within six months of, structure plan approval; Providing greater transparency of estimated costs through a detailed expenditure report – detailing priority and timing for the delivery of local amenities – which will be advertised for public consultation with a proposed development contribution plan; Publication of an annual report by local governments outlining delivery of community infrastructure against approved development contribution plans; Introducing a three-year transition period to amend existing development contribution plans without a nominated lifespan or review period to address priorities for the delivery of community infrastructure. The new policy also introduces a cap on contributions for community infrastructure – a maximum of $5,000 per dwelling – to limit any impacts on housing affordability.Subject to further consultation with industry and local government, and amendments to the Planning and Development (Local Planning Scheme) Regulations 2015, a right of independent review for developers will also be introduced via the State Administrative Tribunal.The policy is available online at https://www.dplh.wa.gov.au/spp3-6 As stated by Planning Minister Rita Saffioti:“Western Australians want access to good quality community facilities and local amenities in their local neighbourhoods.“Whether that’s a park around the corner with a playground for the kids to visit after school and a place to exercise the dogs, good cycle paths or a recreation centre, we want to ensure these facilities are considered when the community is being planned.“This policy establishes a fairer, more consistent and transparent approach to how community infrastructure is funded, providing clear guidance to both the development sector and local government on their roles and responsibilities.“We also want greater accountability and transparency about these funds.“The development contribution scheme gives local government a significant revenue stream from landowners – it’s only right that there is greater transparency and accountability.“Building new communities is a shared responsibility between the private sector, State and local government and these reforms go some way to deliver better outcomes.” /Public Release. This material comes from the originating organization and may be of a point-in-time nature, edited for clarity, style and length. View in full here. Why?Well, unlike many news organisations, we have no sponsors, no corporate or ideological interests. We don’t put up a paywall – we believe in free access to information of public interest. Media ownership in Australia is one of the most concentrated in the world (Learn more). Since the trend of consolidation is and has historically been upward, fewer and fewer individuals or organizations control increasing shares of the mass media in our country. According to independent assessment, about 98% of the media sector is held by three conglomerates. This tendency is not only totally unacceptable, but also to a degree frightening). Learn more hereWe endeavour to provide the community with real-time access to true unfiltered news firsthand from primary sources. It is a bumpy road with all sorties of difficulties. We can only achieve this goal together. Our website is open to any citizen journalists and organizations who want to contribute, publish high-quality insights or send media releases to improve public access to impartial information. You and we have the right to know, learn, read, hear what and how we deem appropriate.Your support is greatly appreciated. All donations are kept completely private and confidential.Thank you in advance!Tags:affordability, Australia, building, community, exercise, Government, housing affordability, industry, infrastructure, Minister, outcomes, planning, public consultation, quality, revenue, Western Australialast_img read more

Thank you to Robert Dick for his service to veterans community

first_imgThank you to Robert Dick for his service to veterans community Guy Barnett,Minister for Veterans’ AffairsOn behalf of the Tasmanian Government, I would like to thank Mr Robert Dick, outgoing RSL Tasmania President, for his longstanding service and commitment to the Tasmanian veterans community.Mr Dick today announced his resignation from the role after a number of years as RSL Tasmania President.Mr Dick served in the Royal Australian Air Force for 21 years and had extensive experience in management, project management and running his own business.He also served as RSL National President between 2017 and 2018.I thank Mr Dick for his service to the veterans community, both in Tasmania and nationally, over this time and wish him all the best for the future. /Public Release. This material comes from the originating organization and may be of a point-in-time nature, edited for clarity, style and length. View in full here. Why?Well, unlike many news organisations, we have no sponsors, no corporate or ideological interests. We don’t put up a paywall – we believe in free access to information of public interest. Media ownership in Australia is one of the most concentrated in the world (Learn more). Since the trend of consolidation is and has historically been upward, fewer and fewer individuals or organizations control increasing shares of the mass media in our country. According to independent assessment, about 98% of the media sector is held by three conglomerates. This tendency is not only totally unacceptable, but also to a degree frightening). Learn more hereWe endeavour to provide the community with real-time access to true unfiltered news firsthand from primary sources. It is a bumpy road with all sorties of difficulties. We can only achieve this goal together. Our website is open to any citizen journalists and organizations who want to contribute, publish high-quality insights or send media releases to improve public access to impartial information. You and we have the right to know, learn, read, hear what and how we deem appropriate.Your support is greatly appreciated. All donations are kept completely private and confidential.Thank you in advance!Tags:air force, AusPol, Australia, Australian, business, community, Force, future, Government, Minister, President, project, Royal Australian Air Force, RSL, running, TAS, Tasmania, Tassie, veteranslast_img read more

Camas parents hold first of three planned rallies promoting in-person instruction

first_imgCamas parents hold first of three planned rallies promoting in-person instructionPosted by John LeyDate: Wednesday, November 18, 2020in: Newsshare 0 ‘Save Our Schools’ group is committed to pushing for Camas schools to reopen classrooms to studentsA group of concerned parents and children held a protest rally outside the Camas School District offices Tuesday afternoon. This is the second protest event the “Save Our Schools” group has held, hoping to persuade the school board and administrators to allow their children to return to in-classroom instruction.The rally was planned before Gov. Jay Inslee announced Sunday his latest restrictions, to be in place for at least the next four weeks. The event was held outdoors, with almost everyone wearing masks. People waived signs along Everett Street as well as in front of school district offices.The Facebook group Open Camas Schools was created to fight for the children who are having social/emotional and educational struggles; for kids who are in abusive homes without first responders where school is their one escape. One parent said she personally knew of two children committing suicide, not in our area. Andrea Seeley was one of many Camas residents who attended a rally Tuesday to express a desire for a move back to in-person learning for Camas students. Photo by Mike SchultzAndrea Seeley was one of many Camas residents who attended a rally Tuesday to express a desire for a move back to in-person learning for Camas students. Photo by Mike SchultzThe parents are fighting for students who are home alone because their parents have to work, and for the children who simply need to be back in school to get the education they deserve.“We have too many kids failing, falling behind, having self esteem issues, increased levels of anxiety and depression and needing more than they are getting,” said Andrea Seeley, one of the concerned parents. “This is our chance to come together, speak for our children and let our district know our kids and teachers are essential.“Our current school plan should not be a one-size-fits-all solution; it is apparent that it is not working,” said Seeley. The group’s goal is to work together to find a solution that takes care of the children and teachers that need to be back at school safely, while allowing for others to keep teaching and learning from a distance. These parents believe the current metric of the number of COVID-19 cases per 100,000 population is the wrong metric. They cite numerous examples of children being in schools safely, both in local private schools, and in public school districts from around the nation.The Camas School District continues to report a drop in attendance. Parents are pulling students out of the public schools, seeking either private schools that are operating at full capacity or home schooling. They mention school funding declines with the reduced enrollment. “We are in danger of losing the educators and programs that make Camas the great place to learn that our students need and deserve,” said Seeley.The group decided to hold a Blackout Rally/Protest Tuesday. Their children were not logging into their classes, doing homework or engaging in any classwork. It is the first of three planned blackouts the group will be promoting to show the district that they are serious. The parents claim they will be taking their children out of Camas schools if they are not back to at least a hybrid learning platform across the board by January, according to Seeley.Camas School District Superintendent Jeff Snell held an online town hall event the day prior, sharing what the district is hearing from parents and educators. In a recent survey, Snell reports there is great support for the school staff. There is strong support for the district’s decision to stay aligned with public health guidance. There is a lot of concern about rising case numbers, as well as how to make hybrid learning work. Finally, he mentioned concerns for the impact remote learning is having on the social emotional health of the students.Snell mentioned the district held limited in-person instruction for approximately 600 students in October. “We know there are many students out there that need in-person learning experiences in some form,” he said. “We have been serving in small groups since this summer.  All of the groups are cohorted into 10 or fewer students and follow the recommendations from the Department of Health.”Camas school Superintendent Jeff Snell reported findings from the district online survey at a Nov. 16 town hall. Graphic Camas School DistrictCamas school Superintendent Jeff Snell reported findings from the district online survey at a Nov. 16 town hall. Graphic Camas School DistrictSnell shared they began the in-person instruction to “students with significant needs, academic or social emotional. Last week we added kindergarten students,” he said. In his briefing, Snell cited one study. A key finding was “in-person learning with countermeasures does not dramatically increase population wide transmission in this analysis.”The group of parents created a petition to further their cause, based on much scientific evidence and current practices by other schools in other areas across the country. They cited “a very important document created by renowned physicians and scientists” which was the The Great Barrington Declaration.“Current lockdown policies are producing devastating effects on short- and long-term public health. The results (to name a few) include lower childhood vaccination rates, worsening cardio- vascular disease outcomes, fewer cancer screenings and deteriorating mental health – leading to greater excess mortality in years to come, with the working class and younger members of society carrying the heaviest burden. Keeping students out of school is a grave injustice.” The group is encouraging other parents to sign their online petition, found here on the group’s website.AdvertisementThis is placeholder textTags:CamasClark CountyLatestshare 0 Previous : Caring community rallies for a friend with COVID-19 Next : WIAA pushes back sports schedule againAdvertisementThis is placeholder textlast_img read more

Hey—do you want to buy a DeLorean hovercraft?

first_imgCreated with Raphaël 2.1.2Created with Raphaël 2.1.2 Matthew Riese’s DeLorean-replica hovercraft  eBay Trending Videos ‹ Previous Next › At the back is a 36-inch rear fan that’s linked to a Briggs & Stratton Vanguard commercial engine, while a separate 24-inch fan gets its power from a Briggs & Stratton 875 Series engine and takes care of the lift.Top speed is a respectable 31 mph on water (50 km/h) although Riese has been reticent to explain what happens if it’s struck by lightning.So dedicated was the build that months were spent refining the tint of the silver metallic paint, a not-easy task when you’re trying to replicate stainless steel. And – get this – Riese is now looking to move his passion project on to another dedicated fan of Hill Valley’s skyways – roads, where we’re going, etc. – on eBay for as little as US$45,000.Yes, fine, that kind of money is a great down payment for a black Toyota SR5 pick-up truck and two coats of wax, but the sale also includes a purpose-built tilting flatbed trailer.Riese has also recently put several months of work into the DeLorean, including fitting a stronger skirt, a new lift engine and a new fuel line among others, according to the listing. Created with Raphaël 2.1.2Created with Raphaël 2.1.2Matthew Riese’s DeLorean-replica hovercraft Buy It! Princess Diana’s humble little 1981 Ford Escort is up for auction An engagement gift from Prince Charles, the car is being sold by a Princess Di “superfan” See More Videos COMMENTSSHARE YOUR THOUGHTS The Rolls-Royce Boat Tail may be the most expensive new car ever Butt-heads. Okay I’m done. RELATED TAGSNon-LuxuryNew VehiclesNon-Luxury Disclaimer: This news item will feature an almost unbearable number of Back to the Future references. So strap in, this is going to get heavy.I’m not kidding when I say this one of the best things we’ve ever seen. It’s a DeLorean hovercraft, hand-built by San Francisco native and Marty McFly enthusiast Matthew Riese, and has been circling the internet since a Kickstarter campaign got the build rolling back in 2010.Opting against using an actual DeLorean body – which weighs more than California and is as reliable as a Donald Trump tweet – Riese instead moulded a replica shell from fibreglass and styrofoam, and strapped the whole thing down on top of a Universal Hovercraft UH-13PT. eBay We encourage all readers to share their views on our articles using Facebook commenting Visit our FAQ page for more information. Trending in Canada advertisement Even cooler, Riese will be donating 10 per cent of the sale price to the Michael J. Fox Foundation for Parkinsons Research. Whether his next project includes a 19th-century Sierra No. 3 steam locomotive remains to be seen. PlayThe Rolls-Royce Boat Tail may be the most expensive new car everPlay3 common new car problems (and how to prevent them) | Maintenance Advice | Driving.caPlayFinal 5 Minivan Contenders | Driving.caPlay2021 Volvo XC90 Recharge | Ministry of Interior Affairs | Driving.caPlayThe 2022 Ford F-150 Lightning is a new take on Canada’s fave truck | Driving.caPlayBuying a used Toyota Tundra? Check these 5 things first | Used Truck Advice | Driving.caPlayCanada’s most efficient trucks in 2021 | Driving.caPlay3 ways to make night driving safer and more comfortable | Advice | Driving.caPlayDriving into the Future: Sustainability and Innovation in tomorrow’s cars | Driving.ca virtual panelPlayThese spy shots get us an early glimpse of some future models | Driving.ca last_img read more

Country must Sustain Gains from Jamaica 50 – Falconer

first_imgAdvertisements Country must Sustain Gains from Jamaica 50 – Falconer InformationAugust 30, 2012 RelatedCountry must Sustain Gains from Jamaica 50 – Falconer RelatedArchives Critical to Jamaica’s Historycenter_img FacebookTwitterWhatsAppEmail Information Minister, Senator the Hon. Sandrea Falconer, says that effective branding must be part of the national development imperative, if the country is to capitalise on Jamaica 50. The Minister, who was speaking at the general meeting of the Public Relations Society of Jamaica (PRSJ) held on August 28, 2012 at the PCJ Auditorium in New Kingston, said the country must find ways to sustain the gains made by the staging of Jamaica House in London, so that the efforts “will not go down the drain”. The Information Minister described August 2012 as a “red-letter period” for Jamaica in terms of international media coverage. She credited the joined-up government approach and high level of inter-agency partnership for ensuring that the country was “well established in the heart of the biggest global event of 2012, in a way that was befitting of the nation’s 50th anniversary and the historic achievements of our athletes”. “The result is, we were able to leverage unprecedented and positive international media attention focused on our athletes and things Jamaican and use that platform to promote the attractiveness of Doing Business in Jamaica. That, in my view is effective strategy in capitalising on Jamaica 50,” Minister Falconer said.  She pointed out that oftentimes, media attention on Jamaica is focused on the “less than positive” activities and events, however in this instance, “we took centre stage and had captive audiences to which to sell the achievements of Jamaica, laud the successes of international investors and exporters, and promote the business opportunities that exist in multiple sectors. The Information Minister, who spoke on the theme: ‘The Communicators’ Imperative: Capitalizing on the Glory of Jamaica 50’, told the public relations practitioners that they have an important role to play in the nation’s journey into the next 50 years and beyond, and to achieve the goal of making Jamaica the “the place of choice for citizens to live, work, raise families and do business.” “We need the skills and expertise of all the nation’s communicators in the public and private sectors alike and the conversation must be broadened with private sector communications professionals with a view to exploring pathways for collaboration as we pursue the national development objective,” Minister Falconer added. “I challenge you to become bolder in your expressions. Let your voices and opinions be heard as part and parcel of the process of the development of our society. It is no longer enough for communications people to remain in the background and be the ‘moving hand’ in the shadow of your organisation…. Use your pens, your ipads, blogs and all forms of social media to tell the amazing story of Jamaica- a Nation on a Mission with Vision,” urged the Information Minister. The PRSJ meeting saw robust discussion on the correct use of the national colours in the flag as part of effective branding. The society will host its next general meeting on October 23. RelatedCountry must Sustain Gains from Jamaica 50 – Falconerlast_img read more