Hi, AleX

first_imgThis work is licensed under a Creative Commons Attribution 3.0 Unported License. Hi, AleX:I know you’re still divided about this whole social networking thing. Like so many professionals making the transition into networking, you’re worried about how these seemingly impersonal tools will erode your face-to-face relationships with your clients.Stop worrying.  In the long run, adopting these new media is going to make life better not only for you but for your clients.Aside from that, understand that the old ways of working and thinking are no longer going to be tenable in the future. That’s because the old communications order was plagued with bandwidth problems — bandwidth meaning the amount of data that can be carried from point to point in a given period of time.Until a few years ago when bandwidth was considerably limited, people looked to you and other formally trained professionals as information brokers —people equipped to provide them with the kinds of knowledge and insights they couldn’t find on their own.  It was pretty much a one-way transmission from you to them.Things are changing.  Millions of people, including many of your clients, are liberating themselves.  Frankly, they’re no longer turning to information brokers such as you for essential information.Looking at it another way, AleX, your clients are no longer clients in any conventional sense of the word. They’re using emerging social networking technologies to find information on their own.  In the process, they’re engaging in all types of discussion, sharing insights and providing valuable feedback.Simply put, they’re collaborating with other former clients to build their own learning environments, and they’re doing it without traditional information brokers.  These social networks are enabling them to contribute to fields that were once the exclusive domains of trained professionals such as you.That’s why, like it or not, you’ve got to get engaged, AleX.  You’ve got to engage because you’re otherwise going to miss out on these discussions.  Because you’re missing out, you’re not being exposed to many of the critical insights being generated by these new networks — insights that will influence your profession for years to come.Here’s another way of looking at it, AleX: You risk becoming a tortoise in a world increasingly occupied and dominated by hares.Not engaging with these networks is like exiting off a six-lane, high-speed Interstate onto a two-lane service road and driving at a snail’s pace.Yes, I know that as a professional, your work has always been built around your clients, working with them face to face day after day, sharing their concerns, establishing your bona fides as a true friend and champion of their interests.That’s not only understandable but also commendable, AleX.  Please understand, though, that this is not a zero sum situation.  Face-to-face networking will continue to comprise an integral and valuable part of your work in this new communications order. Now you can have it both ways.  Communicating with a wider circle of like-minded people around the country will provide you with a deeper understanding of your profession.By engaging with these wider audiences — listening, sharing insights and learning — you will expose yourself to a considerably wider dialogue going on in your professional field. In time, the deeper insights you gain from this new engagement will enhance your traditional face-to-face networking.Other professionals have cited this as one of the most valuable assets they’ve gained from engaging in social networks.While all of this seems a little bewildering right now, AleX, you’ve got a wonderful ride ahead of you.Enjoy every minute of it. In the meantime, listen, discuss and learn — that’s what this whole networking thing is all about.Author: Jim Langcuster This is part of the “Hi, AleX” series — advice to AleX NetLit about enhancing her levels of network literacy through day-to-day personal and professional social networking. AleX Netlit is a fictional persona created by Network Literacy Community of Practice to serve as a guide to Military Families Service professionals, Cooperative Extension educators and others seeking to learn more about using online networks in their work.More about Alex NetLitlast_img read more

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Foreign Digital Companies with India Presence May Have to Pay Tax

first_imgDigital companies that have a huge base of users and business in India may have to pay taxes in the country despite having their infrastructure located overseas, according to a new proposal in the Finance Bill. This means that large digital players like Google, Netflix, Facebook and popular mobile application services could be taxed by the Indian government, The Hindu reported.“It is further proposed to provide that the transactions or activities shall constitute significant economic presence in India, whether or not the non-resident has a residence or place of business in India or renders services in India,” the Finance Bill said. The amendment could come into effect from Apr. 1, 2019.The proposed rule will affect companies that sell goods or services in the country digitally, but do not have a physical entity in India. “There many instances of developers of applications, which are downloaded by Indians, residing abroad. They will now be liable to pay tax in India if they are deemed to have significant economic presence,” Shashishekhar Chaugule, partner at Walker Chandiok & Co LLP, was quoted as saying in the report.“While the new explanation could generate more tax litigation, it is in line with the Base Erosion and Profit Shifting (BEPS) treaty, which targets companies that exploit gaps in tax rules of different countries to shift profits to low- or no-tax locations,” the publication quoted Riaz Thigna, Director at Grant Thornton, as saying.India did not have a mode of taxing these global giants until now and 6 per cent Equalization Levy, introduced in union budget 2016-17, was imposed only for online advertisement.“Some of the challenges are questions such as what will determine India income, just because a company has users in here doesn’t mean it is necessarily making any revenue or profits from India,” the Economic Times quoted an official from a technology company as saying.The new amendment will allow the government to tax transactions that are related to goods, services or property offered by a non-resident in India using digital means. It also includes downloading data or software in the country, carrying out business activities as well as engaging with users in India using digital channels. Related ItemsEconomyTaxationlast_img read more

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Rain adds to misery of Odisha’s cyclone-hit

first_imgWith pre-monsoon showers lashing the coastal districts of Odisha, thousands of families, who lost their houses in cyclone Fani, are in deep distress.Although the Odisha government has started releasing housing building assistance to the affected families, repair of houses is unlikely to be completed before monsoon in many parts of the Puri district, which was the worst affected in the cyclone that hit the State on May 3.As per the damage assessment and enumeration conducted by the Puri district administration, houses and huts of as many as 2,87,762 families were damaged in the cyclone. “While 9,059 pucca and kutcha houses have been fully damaged, 1,04,715 houses have suffered severe damage. Similarly, 1,13,221 pucca houses and 49,529 kutcha houses have been partially damaged,” the assessment report says.The State government, as per the norms of the State Disaster Response Fund and the National Disaster Response Fund, announced ₹95,100 for a person whose house (pucca or kutcha) has been fully or severely damaged. Similarly, ₹5,200 is to be paid for partial damage of pucca house, ₹3,200 for partial damage of kutcha house and ₹4,100 for damage to hut.First instalment givenThe first instalment of the house building assistance has already been disbursed. The State government had released ₹197.59 crore to the Puri district administration on June 10. Subsequently, ₹10.21 crore was released. “Prior to the disbursement of house building assistance, we had asked suppliers of roofing sheets to make the material available at the panchayat level so that people don’t face difficulties in getting them,” said Puri District Collector Balwant Singh.According to villagers, the magnitude of the damage is such that roofing material alone would not suffice. “We are facing difficulties in mobilising building materials, masons, carpenters and labourers,” said Sudarshn Behera of Bhagabatipur under Nimapara block of Puri district. Farmers were facing a twin challenge – protecting their family members and household articles from rain and taking up farming in the rainy season, Mr. Behera said.The Bhubaneswar Meteorological Centre says monsoon is likely to hit Odisha within a week. But, widespread pre-monsoon rains have been recorded in almost all coastal districts, including Puri.last_img read more

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Ateneo makes it 10-0, rolls past La Salle anew

first_imgDuterte calls himself, Go, Cayetano ‘the brightest stars’ in PH politics Matteo Guidicelli had saved up for Sarah G’s ring since 2014? Ateneo has now won 20 straight matches in a run that dates back to last season. The Eagles have won the last five meetings against the Archers.Thirdy Ravena added 13 points and seven rebounds, while Ivorian center Angelo Kouame tallied 10 points and 14 boards and three blocks in another stellar game.FEATURED STORIESSPORTSGreatest ever?SPORTSFormer PBA import Anthony Grundy passes away at 40SPORTSSan Miguel suspends Santos, Nabong, Tubid indefinitely after ‘tussle’ in practiceWill Navarro also stepped up for Ateneo in the second half, scoring all of his nine points, going 4-of-4 from the field after missing his first six shots.The Archers led by four points in the first period, before Wong got going. Sidelined by injury last season, Wong hit a couple of treys as the Eagles turned the game around, before holding off repeated runs by the Archers. MOST READ View comments Dmitry Bivol overpowers Lenin Castillo to retain WBA belt Becoming his own man Don’t miss out on the latest news and information. ATENEO 77 — Wong 18, Ravena 13, Kouame 10, Navarro 9, Mamuyac 6, Belangel 5, Mi. Nieto 5, Daves 3, Ma. Nieto 3, Tio 3, Go 2.LA SALLE 69 — Serrano 15, Baltazar 12, Caracut 11, Malonzo 10, Melecio 10, Manuel 7, Bartlett 2, Bates 2, Lojera 0.Quarters: 19-15, 36-30, 55-50, 77-69. Canadian vaping study details danger from ‘popcorn lung’ chemical Drilon apologizes to BCDA’s Dizon over false claim on designer of P50-M ‘kaldero’center_img Ethel Booba on SEA Games cauldron: ‘Sulit kung corrupt ang panggatong’ Photo from UAAPMANILA, Philippines—Ateneo continued its mastery of fierce rival De La Salle with a 77-69 victory that also clinched a Final Four berth for the Blue Eagles Sunday in UAAP Season 82 at Mall of Asia Arena.Adrian Wong delivered 18 points, including four treys as the Eagles extended their unbeaten start to 10 games.ADVERTISEMENT DTI creates Marahuyo, a luxe Filipino fashion brand for global buyers “That’s the beauty of our team. In any game, any player can step up,” said Ateneo captain Mike Nieto. “That’s what we worked on the whole offseason.”Encho Serrano finished with 15 points to lead four other players in twin digits for La Salle, which remained in fourth spot, tied with Far Eastern U, even after dropping to 4-5.Ateneo coach Tab Baldwin felt the Eagles looked nervous to start the game.“We looked nervous than La Salle in first half,” said Baldwin. “They looked composed and sure themselves. If Adrian (Wong) didn’t come out hot in the first half, we would’ve been in trouble.”The Scores:ADVERTISEMENT LATEST STORIES Chief Justice Peralta on upcoming UAAP game: UP has no match against UST PLAY LIST 01:00Chief Justice Peralta on upcoming UAAP game: UP has no match against UST00:50Trending Articles00:50Trending Articles02:11Makabayan bloc defends protesting workers, tells Año to ‘shut up’03:07PH billiards team upbeat about gold medal chances in SEA Games01:38‘Bato’ to be ‘most effective’ CHR head? It’s for public to decide – Gascon02:07Aquino to Filipinos: Stand up vs abuses before you suffer De Lima’s ordeal01:28Ex-President Noynoy Aquino admits contracting pneumonia00:45Aquino agrees with Drilon on SEA games ‘kaldero’ spending issue This jewelry designer is also an architect Sports Related Videospowered by AdSparcRead Next For the complete collegiate sports coverage including scores, schedules and stories, visit Inquirer Varsity.last_img read more

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Ashes 2017: Joe Root pleased with England’s show of ‘character’ after Melbourne draw

first_imgEngland captain Joe Root was all praise for his wards “character”, despite a resolute Steve Smith show compounded with an unresponsive pitch dashed England’s hopes of a first win of the series on Saturday.The fourth Ashes Test ended in a draw late on day five, with home captain Smith’s unbeaten 102 saving Australia and doling out another portion of frustration for England’s bowlers, who toiled fruitlessly on a flat Melbourne Cricket Ground strip.WATCH: SPORTS TODAYEngland will head to the fifth and final Test in Sydney still 3-0 behind in the series but in a far more positive frame of mind after dominating the hosts for most of the match.”In terms of our squad, the character is never something that I question, and the way that we apply ourselves and the attitude that we take is always there,” Root told reporters.�??� @root66: “We tried everything out there. I�??m proud of the way we went about it on such an unresponsive wicket” #AshesFull interview: https://t.co/MJayrx8cYF pic.twitter.com/lgwSqx20WV- England Cricket (@englandcricket) December 30, 2017″It proved this week after three tough games and tough results to come back and put in a performance like that was extremely pleasing for me as a captain.”They had a lot of disappointment coming away from Perth and you could see the way they went about training that they were desperate to prove a lot of people wrong and make sure we get something good out of this tour.”advertisementRoot will have been buoyed by the belated return to form of opener and former skipper Alastair Cook, who scored an unbeaten 244 in a Man-of-the-Match performance.With Smith dismissed for “only” 76 in the first innings, Root’s bowlers were also able to contain Australia to 327, a below-par score on such a lifeless deck.England still sniffed victory at lunch on day five, having reduced Australia to 178 for four, but the Australia skipper carried his team once more and remains the tourists’ most confounding problem.Root tried unconventional fields as his bowlers threw everything at Smith but his team finished the day no clearer about how to dismiss their nemesis without a moving ball.”It’s difficult on that surface,” said Root. “Fair play to him and he played extremely well.”And even when it is a bat-friendly pitch like that, under the pressure of knowing you have to bat all day to try and get a draw is quite difficult and he obviously played very well, and made it quite difficult for us.”Especially when the ball moves, we are more than capable of getting him out.”We just have to keep trying every option if he does get in and if it is a good surface, to bat on and keep trusting and believing in what we do.”(With inputs from Reuters)last_img read more

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Smaash looks to raise USD 30 mn to fund expansion

first_imgNew Delhi, Aug 26 (PTI) Sachin Tendulkar-backed sports-based entertainment firm Smaaash is in talks to raise USD 30 million (over Rs 200 crore) to fund its expansion plans in India. It plans to invest Rs 250 crore over the next two years, including its investment into a digital platform for online gaming, for expansion of its footprint across the country, a top company official said. “We are about to close a round of funding. We are looking at raising USD 30 million. We will use this sum to fund our expansion plans,” Smaaash Chairman Shripal Morakhia told PTI. The company so far has raised Rs 150 crore from high networth individual investors and private equity firm Fidelis World. Smaaash plans to open close to 90 centres to have a network of 120 outlets across India by the financial year 2020. It is also looking at expanding in overseas markets, including West Asia and the US this year through franchise agreements, Morakhia said. “Smaaash over the past five years has driven the gaming market in India to exponential level and is now aiming to take this forward outside India. We are looking to fill the much- needed gap for experiential entertainment with initial focus on Saudi Arabia, Dubai and the US,” he said. In the US, the first Smaaash centre was opened at Mall of America Minneapolis in 2017. The company plans to open 24 new centres in India this year. Smaaash owns and operates sports-centric digital entertainment centres for games including cricket, football, go-karting and bowling. The company is also looking at manifold jump in its turnover to Rs 600 crore by fiscal year 2020 from 150 crore reported in the previous financial year.advertisement Last month, Smaaash also acquired bowling joint venture bluO entertainment from PVR Ltd, Indias biggest movie exhibitor, and Major Cineplex Group, for Rs 86 crore in an all-cash deal. At present, there are 36 Smaaash centres in India in cities such as Mumbai, Delhi, Pune, Hyderabad, Bengaluru, Ludhiana, Amritsar, Bhopal, Mangalore, Madurai, Gwalior and Mysore. PTI SVK MRlast_img read more

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Keane in England squad as Southgate waits on Kane

first_imgEngland Keane earns England call as Southgate waits on Kane update Alex Fisher Last updated 2 years ago 17:39 11/6/17 FacebookTwitterRedditcopy Comments(0) michaelkeane - cropped Getty Images England Premier League Tottenham Hotspur England v Germany England v Brazil Friendlies Harry Kane The national team boss will wait on the fitness of Harry Kane, Gary Cahill and Harry Winks as the Three Lions prepare for Germany and Brazil Everton defender Michael Keane has been drafted into England’s squad to face Germany and Brazil as cover for Gary Cahill.Cahill will be assessed by Chelsea’s medical team before joining up with the national team after picking up a knock during the Blues’ 1-0 win over Manchester United on Sunday.England 20/1 to win 2018 World Cup Article continues below Editors’ Picks Lyon treble & England heartbreak: The full story behind Lucy Bronze’s dramatic 2019 Liverpool v Man City is now the league’s biggest rivalry and the bitterness is growing Megan Rapinoe: Born & brilliant in the U.S.A. A Liverpool legend in the making: Behind Virgil van Dijk’s remarkable rise to world’s best player Central defender Cahill is not the only concern for Southgate, with Tottenham duo Harry Kane and Harry Winks also delaying their arrival.Both Kane and Winks were substituted during the win over Crystal Palace and Mauricio Pochettino has called on England to look after his stars so they do not miss any club matches after the international break.The Three Lions are already without Dele Alli due to a hamstring injury, the midfielder a surprise omission for Spurs against Palace.Southgate must also wait on the fitness of Liverpool skipper Jordan Henderson due to a thigh problem.  Check out Goal’s Premier League 2019-20 fantasy football podcast for game tips, debate and rivalries.last_img read more

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Told Mohammed Shami that I want him to become a tearaway pacer: Shoaib Akhtar

first_imgTold Mohammed Shami that I want him to become a tearaway pacer: Shoaib AkhtarMohammed Shami picked up a brilliant five-wicket haul during the second innings of South Africa in the Vizag Test, which India won by 203 runs.advertisement Next Indo-Asian News Service New DelhiOctober 8, 2019UPDATED: October 8, 2019 11:05 IST Mohammed Shami ran through the South African batting lineup on Day 5 of the Vizag Test (AP Photo)HIGHLIGHTSMohammed Shami picked up his fifth 5-wicket on Day 5 of the Vizag TestShami is only the 5th Indian to bag a five-for in the 4th innings of a home TestSince 2018, Shami has picked 40 wickets in the 2nd innings in Test cricket at a staggering average of 17.70Former Pakistan fast bowler Shoaib Akhtar has backed Mohammed Shami, who played a crucial role in India’s emphatic win in the first Test against South Africa, to become the “king of reverse swing”.Shami picked up a brilliant five-wicket haul during the second innings of South Africa in the Visakhapatnam Test which India won by 203 runs.Speaking in a video on his YouTube channel, Akhtar said that he once advised Shami to try and become a tearaway pacer while also using reverse swing, a rare quality in contemporary fast bowlers from the sub-continent.”After India’s (50-over) World Cup disappointment, Shami called me up one day and said he was feeling sad that he could not do well for India. I told him not to lose heart but maintain fitness. I told him that the home series is coming and you will do well.”I told Shami that I want him to become a tearaway pacer, running through batting line-ups. He has seam and swing, besides that he has reverse swing which very few bowlers in the subcontinent have. I told him you can become king of reverse swing.”Now, you see what he has done, he has got wickets from a docile pitch (in Visakhaptnam). I am very happy for him.”Under Virat Kohli, Shami is going to thrive. I told Shami that Kohli is a potent captain who enjoys captaincy and gives full freedom to his bowlers,” he added.Earlier, Shami had also praised Kohli and said he puts in a lot of trust on his bowlers.advertisement”Virat Kohli as a captain always hears us out and gives us the freedom to follow our strategy during the match. He has given us the freedom to take a call on whether we want to bowl 5 overs or 7 overs or more — he says ‘if you have the power, go ahead and bowl’. That’s when we take a call that we will bowl three overs but with full power… That’s the understanding we have. He trusts us, and we trust him,” Shami had said after the first Test against the Proteas.With a lead of 1-0 in the three-match rubber, India will look to clinch the series in Pune in the second Test beginning Thursday.Also Read | 1st Test: Mohammed Shami, India’s trump card in 2nd-innings, shines in VizagAlso Read | We know what a fresh Mohammed Shami can do after some biryani: Rohit SharmaAlso Read | Kohli as a captain gives us the freedom to follow our strategy: ShamiFor sports news, updates, live scores and cricket fixtures, log on to indiatoday.in/sports. Like us on Facebook or follow us on Twitter for Sports news, scores and updates.Get real-time alerts and all the news on your phone with the all-new India Today app. Download from Post your comment Do You Like This Story? Awesome! Now share the story Too bad. Tell us what you didn’t like in the comments Posted byrohan sen Tags :Follow Mohammed ShamiFollow Shoaib AkhtarFollow India vs South AfricaFollow Vizag Testlast_img read more

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More Funding for Home Repairs

first_imgLow-income Nova Scotians will get help financing home repairs thanks to an additional $2 million in funding. Nova Scotia has some of the highest rates of home ownership in the country, and some of the oldest homes. To qualify for housing repair program grants, total household income must be below set income thresholds. Eligible household income levels are determined by where an applicant lives in Nova Scotia and by household size. David Morse, Minister of Community Services, announced today, Nov. 7, that the additional funding will be available under the Senior Citizens Assistance Program and the Provincial Housing Emergency Repair Program. “Housing repair programs help keep Nova Scotians in their homes by ensuring that those homes meet current health and safety standards,” said Mr. Morse. “It allows families to maintain homes that might have otherwise been lost to them.” The Senior Citizens Assistance Program provides funding for lower income applicants over the age of 65 who would like to remain in their own homes but are not able to afford the necessary repairs. Grants of up to $5,000 are available for repairs which ensure that health and safety standards are met. For example, this may include repairs to roofing, plumbing and heating. Grants of up to $5,000 are also available under the Provincial Housing Emergency Repair Program for lower income Nova Scotians who need help to make emergency repairs to their homes. Examples of emergency home repairs may include fixing or replacing heating, plumbing, electrical systems or roofing. The province also recently increased the maximum household income threshold amounts so that more people can access these housing repair programs. Information on home repair programs is available at local housing services offices or on the Department of Community Services website at www.gov.ns.ca/coms .last_img read more

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One Direction And Jamie Oliver Support Typhoon Haiyan Celebrity Telethon

first_imgOne Direction will tweet to kick off a celebrity telethon at BT Tower today where callers could have their donations taken by one of a host of celebrities.One Direction show their support for the DEC Telethon which will raise vital funds for the Philippines Typhoon AppealCredit/Copyright: Tom DymondFor the chance for their donation to be taken by a celebrity the public should call: 0370 6060610 between 4pm and 7pm today.From 4pm to 7pm today, Monday 18 November, a host of celebrities including Jamie Oliver, Andrew Marr, Radio 1’s Gemma Cairney, Alan Rickman, Downton Abbey’s Joanne Froggatt and Allen Leech, Lisa Snowdon, Nigel Havers, Nick Frost, Meg Mathews and comedian Stephen Merchant will be answering the phones at a fundraising telethon. The event will take place at London’s iconic BT Tower and will raise funds for the DEC Philippines Typhoon Appeal. The telethon will give donors the chance to have their donation taken by a famous voice on the other end of the phone.The Disasters Emergency Committee (DEC) is raising money to help the survivors of last week’s typhoon, which ripped through the Philippines, devastating the lives of over 11 million people. Typhoon Haiyan, which raised a storm the size of Germany, flattened homes, schools and hospitals and destroyed food and water supplies.Jamie Oliver said: “Families have been through the terrifying experience of the typhoon and now many face a daily struggle just to stay alive. I’m looking forward to answering the phones to the generous British public as we all do what we can to help.”Joanne Froggatt said: “This appeal is so desperately needed – I’m happy to be able to help. The more money the DEC raises the more people they will be able to reach with vital, life-saving aid. The Filipino people urgently need our help to get back on their feet.”One Direction’s Liam Payne who, along with the other members of the band, will be officially launching the telethon via twitter, said: “The pictures I have seen of little children in-between the ruins made my heart break. All of us in the band are shocked by how many people need help, so we’re asking the public to continue to be as generous as they possibly can.”Thanks to public donations the DEC appeal raised £23 million in the first 48 hours, and has now reached £35 million. This money is critical to getting food to the 2.5 million people who are hungry, and shelter to the 900,000 people who have been driven from their homes.The DEC Chief Executive Saleh Saeed said: “We are so grateful to the public whose support for the appeal has been overwhelming. We are also grateful to so many celebrities who have given up their time to help out, and to BT who have been extraordinary in their support of the appeal to help raise even more funds. But more money is still needed for emergency aid and to help hundreds of thousands of people rebuild their lives.”Stay up to date with developments in the Philippines, the emergency response and the DEC’s fundraising efforts on Twitter or on Facebook.last_img read more

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TORONTOS MENA MASSOUD FACES A WHOLE NEW WORLD AS ALADDIN STAR

first_imgAdvertisement Advertisement Facebook Mena Massoud, left, and Will Smith in Disney’s live-action remake of Aladdin, opening in theatres on May 24. (Daniel Smith / Disney) Twitter “I was going to go on the path my parents chose for me,” said Massoud. But after a course correction 10 years ago, it all changed. When he spoke with the Star last month on the phone from Los Angeles, he was about to set out on an international press tour alongside Will Smith for the remake of the 1992 animated classic.It’s a stunning position for the relatively unknown 27-year-old actor, who was born in Cairo, Egypt, and raised in Markham. The original Aladdin grossed more than half a billion dollars at the global box office — in 1992 dollars — as part of Disney’s animation renaissance. The remake is projected to pull in upwards of $80 million US in its opening weekend in North America.“I’m taking it in stride,” he said. “I wouldn’t say I have a lot of pressure, but I feel the value of the responsibility I’ve been given.”It’s a responsibility Massoud never would have had if he didn’t cut his degree short, having enrolled in the University of Toronto to pursue neuroscience in 2009, and auditioned for Ryerson University’s theatre performance program after a year. But he was miserable in science. His adolescent experience acting in high school left an impression that he couldn’t shake.center_img Advertisement Login/Register With: Long before he would ride a CGI magic carpet, Mena Massoud’s world was all nerves and neurons.The Toronto-bred actor, poised to catapult into global stardom Friday as the lead in Disney’s live-action Aladdin, was a budding doctor. LEAVE A REPLY Cancel replyLog in to leave a comment last_img read more

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Toyota recalls air bags that may not inflate properly

DETROIT — Toyota is recalling 191,000 cars in North America and Japan because the air bags may not inflate properly in a crash.The recall covers certain 2003 through 2008 Corolla compact sedans and 2005 through 2008 Matrix hatchbacks.Toyota says the front passenger air bags in the cars were installed in prior recalls to replace dangerous Takata air bags.But in high temperatures, the replacement bags may not unfold as designed, increasing the risk of injury in a crash. Toyota wouldn’t say if anyone has been hurt due to the problem.The company says the replacements were not made by Takata.Toyota says dealers will replace the air bag assemblies with improved versions at no cost to owners.The company will notify owners by letter starting in October.The Associated Press read more

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Video Business report with Mike Eppel

business report|mike eppel|U.S. housing market AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to RedditRedditShare to 電子郵件Email Video: Business report with Mike Eppel Some signs the U.S. housing market is recuperating, senior business editor Mike Eppel explains. by News Staff Posted Nov 20, 2013 7:07 am MDT

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Economic concerns following Bill Morneaus crossCanada prebudget tour

OTTAWA – No matter where Bill Morneau has taken his pre-budget road show, the economic storm clouds have gathered overhead.The federal finance minister’s cross-country tour to consult Canadians as he crafts his first budget has been overshadowed by the rapidly deteriorating economic situation.On Wednesday, the rookie minister’s circuit took him to Canada’s financial centre: downtown Toronto.But on top of focusing on the new Liberal government’s plans to help middle income Canadians and spur economic growth, Morneau has also had to explain what he’s called “considerable headwinds.”And he has acknowledged they have “no quick, easy fixes.”Canada’s commodity-heavy economy is suffering from a toxic combination of still-falling resources prices, mounting business and consumer pessimism and eroding fiscal conditions that are gnawing away at the government’s bottom line.“The challenges that we face today are real,” Morneau told a business crowd earlier this week in Montreal.In Toronto, he told reporters about the fiscal hurdles the Liberals found when they formed government. “The situation was more challenging than we expected,” Morneau said.The obstacles are mostly tied to tumbling crude oil prices, a key determinant of government revenues and overall economic health.Canada has been struggling since the late-2014 oil price shock, which forced the economy to contract over the first two quarters of 2015.In late November, Morneau released a fall fiscal update that based its calculations on private-sector projections calling for oil to average US$54 a barrel in 2016. The prediction seemed optimistic at the time; oil was about US$40.This week, crude prices slid to near US$30 and some analysts have warned it could fall to US$20.“All in all, the message is that the outlook is much worse than what it was back in November,” said National Bank senior economist Krishen Rangasamy.“I think this is a major, major impact.”In a recent note to clients, Rangasamy pointed out that low oil prices have helped drive Canada’s terms of trade to their lowest mark in 12 years — and that’s before the most recent oil price slide is factored in. It’s even below where it was during the so-called “Great Recession” of 2009.Terms of trade compare the prices a country pays for imports versus how much it receives for exports.Falling terms of trade lead to lower government revenue growth, as measured by nominal gross domestic product, Rangasamy said.His National Bank colleague, Warren Lovely, estimated in an “admittedly simplified scenario” that even a one per cent drop in nominal GDP could cost the government $8 billion a year.Rangasamy said under current conditions nominal GDP could very well come in one per cent lower than forecasts. He expects to the Bank of Canada to downgrade its projections when it releases its monetary policy report next week, a move that would likely see the Finance Department lower its projections.The drop in oil prices has also dragged down the dollar, pushing it to below 70 cents US — its lowest level since 2003.But even as the low loonie drives up some consumer costs — like vacations abroad and supermarket prices — experts say that overall, it should help the economy, particularly when it comes to exporters.On Tuesday, Morneau reminded reporters how Finance officials made adjustments in the fall fiscal update to brace the books for scenarios such as weaker than expected oil prices.“And that looks like a prudent decision in hindsight,” he said.In November, shortly after taking office, the Liberals said the books inherited from the Conservatives and the worsening economy would push the country billions of dollars deeper in the hole than they had anticipated during the election campaign.The parliamentary budget office later issued forecasts that suggested the Liberals could be poised to churn out shortfalls of up to $15 billion a year once their costed, big-ticket election pledges were accounted for. In addition, the party has also made several uncosted promises.Prime Minister Justin Trudeau vowed during the campaign to cap deficits at $10 billion in 2016-17 and 2017-18 unless the economic situation got radically worse.Morneau has been using this week’s tour to try and reassure Canadians by repeating the government’s mantra: that it has a plan to jump-start economic growth.To help the economy, he has mentioned the move to cut taxes for middle-income earners, a change offset in part by raising taxes on the highest earners. Morneau has also highlighted the Liberal plan to overhaul child benefits so they help more families.The Liberals have also promised to create growth and jobs by spending billions in the coming years on infrastructure projects.“We’ve already started on that plan,” Morneau said Wednesday.Follow @AndyBlatchford on Twitter. by Andy Blatchford, The Canadian Press Posted Jan 13, 2016 2:30 am MDT Last Updated Jan 14, 2016 at 7:20 am MDT AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to RedditRedditShare to 電子郵件Email Economic concerns following Bill Morneau’s cross-Canada, pre-budget tour Finance Minister Bill Morneau speaks at the Munk School of Global Affairs in Toronto on Wednesday, January 13, 2016. THE CANADIAN PRESS/Peter Power read more

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CIBC looks to generate quarter of earnings from US after PrivateBancorp deal

by Alexandra Posadzki, The Canadian Press Posted Jun 23, 2017 10:50 am MDT Last Updated Jun 23, 2017 at 11:20 am MDT AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to RedditRedditShare to 電子郵件Email TORONTO – CIBC closed its acquisition of Chicago-based PrivateBancorp on Friday, securing its foothold in the U.S. where CEO Victor Dodig said the bank hopes to one day generate a quarter of its earnings.The Canadian bank (TSX:CM) now earns roughly five per cent of its profits in the U.S., primarily from its wealth management and capital markets operations. The PrivateBancorp acquisition will grow that to 10 per cent.Dodig says CIBC hopes to generate a quarter of its profits from south of the border in the long term, a target it plans to achieve through a combination of organic growth and acquisitions.“This is really a growth story,” Dodig said in an interview Friday. “Growth in earnings largely by deeper and more client relationships in the U.S.”With loan growth in Canada slowing as debt-laden consumers have begun to tap out, the U.S. provides a promising avenue for Canadian banks looking to expand. The growing economy, rising interest rates and promises of reduced taxes and deregulation by President Donald Trump also make the U.S. appealing.However, many of the conditions that make the U.S. attractive for CIBC also created roadblocks for the bank as it wooed PrivateBancorp shareholders over the past year.The election of Trump, who has promised to throw out parts of the Dodd-Frank act that was introduced following the global financial crisis, and the expectation of rising interest rates lifted U.S. bank stocks.Canadian lenders, however, have seen their share prices hampered by jitters about the country’s overheated housing markets.Those fears became heightened in recent months following a crisis of confidence at mortgage lender Home Capital Group (TSX:HCG), which sparked concerns about contagion to the broader mortgage market.CIBC was forced to sweeten its offer for PrivateBancorp twice before the U.S. bank’s shareholders voted last month to approve the takeover.The cash-and-stock is deal is valued at approximately US$5 billion, based on the closing price of CIBC’s shares on the New York Stock Exchange on Thursday of US$80.95. The transaction will be paid for with approximately US$2.4 billion in cash and 32.3 million CIBC shares.The PrivateBancorp deal will mark CIBC’s second major foray into the U.S. The Canadian bank largely withdrew from that market following a series of missteps in the 1990s and 2000s.Although a proxy advisory firm warned PrivateBancorp shareholders about the risks associated with the Canadian housing market, Larry Richman — president and CEO of the PrivateBank — said CIBC’s sound underwriting practices and the quality of its team made the U.S. bank feel “very comfortable.”The two companies will now shift their focus to integrating their operations.“We have very complimentary businesses but not many duplicate businesses,” says Richman, who becomes the head of CIBC’s U.S. division.“It really creates the opportunity to leverage the capabilities of each company, always in pursuit of doing more for our clients. I see good revenue opportunities to continue to build profitable client relationships … as well as expanding the business we do with our clients.”Follow @alexposadzki on Twitter. CIBC looks to generate quarter of earnings from U.S. after PrivateBancorp deal read more

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Sigurdsson officialy in THW Kiel We got the World Class Player

← Previous Story “Swedish shooter” Kim Ekdahl Du Rietz to Rhein Neckar Lowen Next Story → Three years from the “Veszprem’s Tragedy” After many speculation, Icelandic left wing, the best on his position at the last EHF EURO 2012 in Serbia, Gudjon Valur Sigurdsson (33) will sign a two years contract with THW Kiel.– He is one cool guy and also a World Class Player, who can be perfect for our system – said THW’s Secretary General, Klaus Elwardt. Gudjon Valur SigurdssonIcelandic handballTHW Kiel read more

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Veszprems tough win over Nexe

Telekom Veszprem celebrated against RK Nexe Nasice 27:23 (17:12) their fifth win at SEHA GAZPROM League 2016/2017. However, final results, but all what have been seen during 60 minutes of battle at Veszprem Arena suggest about very good resistance of Croatian team, who showed consistent form during series of matches with TOP teams in regional competition – Meshkov Brest, RK Vardar Skopje and Telekom Veszprem.Veszprem’s coach Xavi Sabate set line up without Alilovic, Kopljar, Nagy and Ugalde, but other TOP stars had to be on certain level to keep behind motivated Croatian team. Domestic team was on +5 – 9:4 after 11 minutes led by goals of Slovenian line-player Blaz Blagotinsek (the best Veszprem’s scorer with four goals), but their advantage until the end of the first half was only higher ten minutes later, when Aron Palmarsson netted for 14:8.Aware of the fact that they have nothing to lose against reigning SEHA champions and EHF CL runners-up, guys of Zdenko Kordi, showed strong resistance in the second half, which they even won by one goal.Nexe were few times on -3 (19:16, 22:19), but there were no enough power for a sensation. Ivan Srsen was TOP scorer with five goals, but the most impressive part of Nexe’s game was defense. ← Previous Story Ina Suslina two months out Next Story → IT’S TIME FOR YOU! Masters Handball World Cup in Omis (Croatia) in April-May 2017 read more

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Protest outside Dáil calls for end to State racism

first_img(Image: Caroline Reid)A PROTEST OUTSIDE the Dáil today, organised by a number of groups, called for an end to State racism and expressed solidarity with the Roma community.Today, anti-racism group ENAR Ireland said that “families and individuals are subjected to ethnic or racial profiling on a daily basis; singled out, targeted or treated differently because of how they look or how they are perceived”.In response to recent incidents of children being taken from Roma families by gardaí, the organisation said those attending the protest today were asking for a ban on the practice of ethnic profiling and for proper measures to be put in place to monitor and prevent institutional racism.“The Irish government says that its actions aren’t racist,” said Luke Bukha Kasuwanga of the Anti Racism Network. “But the experiences of people from minority groups tell a different story. The recent removal of Roma children from their families is one clear example. We believe this is only the tip of the iceberg.”Shane O’Curry of ENAR Ireland said that the organisation’s online racist incident reporting system has seen increased reports of racism against Roma in Ireland in recent weeks.“At the same time we are receiving a significant number of complaints about racism involving gardaí and other institutions,” he said.A police force must have measures in place to ensure that it does not allow racism in its ranks, or practises that are racist in their effect. What happened to the Roma families in Tallaght and Athlone would not have happened to white settled families.“When a system fails to stop things like this happening then that is institutional racism,” he added.last_img read more

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The 9 at 9 New Years Day

first_imgEVERY MORNING, TheJournal.ie brings you nine things you need to know with your morning cup of coffee.1. #HAPPY NEW YEAR It’s New Year’s Day, and that means it’s time for a large number of measures from Budget 2014 to kick in. These include the Protection of Life During Pregnancy Act, and changes to pensions, Bereavement Grant and bed charges.2. #CHILDREN The Child and Family Support Agency opens today. Children’s Minister Frances Fitzgerald says it is part of a reform to lay the foundation for world-class protection for children in Ireland.3. #ARMED Armed gardaí will be seen on the streets from today, with some members of the force allowed to wear pistols on holsters in public display, the Irish Daily Mail reports. It is part of the ongoing fight against gangland crime.4. #EUROZONE Latvia becomes the eighteenth country and the second Baltic state to join the eurozone, as it switches to the European Union’s single currency. Recent polls show that more than 50 per cent of Latvians are concerned about the move.5. #HOUSING Housing Minister Jan O’Sullivan has said that the price of rented accommodation should be capped, the Irish Examiner reports. O’Sullivan said this could be part of a system to regulate the rental market.6. #JOBS Taoiseach Enda Kenny has pencilled in a Cabinet meeting on jobs for late this month or early February, asking ministers to fill in the details of the Government’s jobs strategy, the Irish Daily Mail reports.7. #NORTH KOREA North Korean leader Kim Jong-Un has said the execution of his uncle Jang Song-Thaek helped cement unity among his people. In his New Year’s message, he described the purge of a “faction” within the ruling party as a “resolute action”.8. #IRISH WATER A new era begins for Irish Water today, with the transfer of responsibility for water and wastewater services to it from local authorities. Environment Minister Phil Hogan has described it as “a momentous event”.9. #USA Today sees the introduction of US President Barack Obama’s landmark health care reforms, the Affordable Health Act, dubbed ‘Obamacare’. It is now illegal for insurers to deny coverage because of pre-existing conditions.last_img read more

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