VANCOUVER — Joanna Fletcher lives in a one-bedroom apartment on Vancouver’s east side with her 10-year-old son. The building has mice and mould, and her new landlord is threatening eviction.While she has plenty of reasons to leave, Fletcher says she’s fighting to stay for as long as possible because she can’t afford anything else in the area and leaving would mean disrupting her son’s school year.“It’s not just like I can pick up and go, there isn’t anything for me to go (to),” she said in a recent interview.Fletcher isn’t alone in feeling the impact of the housing affordability crisis affecting cities across the country.The Canada Mortgage and Housing Corp. says average rents nationally went up last year by 2.7 per cent to $947 per month.Meanwhile, the availability of rentals is becoming increasingly limited. The CMHC says the overall vacancy rate for cities across the country was three per cent in 2017, down from 3.7 per cent in 2016.In its annual report on rental housing, the corporation said the demand for purpose-built rental is outpacing the growth in supply, while the rate of condominiums rented out also declined.Craig Jones, a PhD candidate in geography at the University of British Columbia, said the situation is largely the result of the federal government’s move away from building rental housing in the early 1990s, combined with the extreme profitability of building condominiums over rentals in the private sector.The government used to build thousands of units of rental housing annually, and the private sector does not appear to have filled the gap in the years since, Jones said.Although up to a third of condos are estimated to be rented out by owners, Jones said the rents are typically not as affordable as rental only properties and tenancies aren’t secure because owners can always choose to move back in, renovate or trigger other means of eviction.Statistics Canada reported last year that nearly a quarter of Canadians spent more than 30 per cent of their income on shelter costs, which is the marker for affordability.Jones said the statistics are a sign that many people live in precarious circumstances.“It’s taken us a long time to get here, it’s taken decades of ignoring the system,” he said, adding it would take a least 10 years of government commitments to resolve the problem. “That is something that is difficult to do because it’s expensive and it doesn’t show immediate results.”Fletcher is one of those people caught in the housing crisis.“I’m just sort of pretending it’s not happening in many ways. On certain days, I just keep it right off my radar, otherwise I’d lose it,” she said.She has lived in her Vancouver apartment for eight years and pays about $930 a month in rent, which included basic cable until February.Fletcher has multiple sclerosis and is unemployed but looking for work. She said she’s been looking for a two-bedroom home for years, but units are hard to come by. A suite that became available in the area was more than double what she pays in rent.Her building was recently sold to a company and Fletcher said the new landlord began approaching tenants in January offering to pay them three months’ rent if they move out by April. She was offered five months’ rent if she signed an agreement by mid-February.“It’s a drop in the bucket if I don’t have anywhere to live,” she said.Fletcher declined the offer and decided to wait for an eviction notice. She hopes that will be at least eight months away since a legal notice requires permits from the city to develop the property, which is a lengthy process to obtain. The city says it has not received applications for any development at the property.The landlord did not respond to requests for comment.A spokesman for the Tenant Resource and Advisory Centre in B.C. said evictions caused by renovations or redevelopment are among the most common problems tenants report.Andrew Sakamoto said the province’s Residential Tenancy Act should be changed to double the notice time for evictions to four months, and offer greater compensation to renters. Availability of housing may be a problem, but stronger laws that protect tenants could make a difference until supply catches up with demand, he said.“You need to have security of tenure and safe housing in order to thrive in other aspects of your life,” Sakamoto said. “I think we need to get away from this commodification of housing and see it for what it really should be, and that’s a basic right for all Canadians.”Dan Garrison, Vancouver’s assistant director of housing policy, said there is a lot of older housing stock that needs to be updated but the city has tougher rules than the province when it comes to redeveloping rental properties.“We know that renters in the city are certainly feeling vulnerable to development pressure,” Garrison said. “We are trying to strike a balance.”Landlords in Vancouver who evict their tenants are required to pay several months rent, assist in relocating them within the city, and pay for moving costs, he said. Developers would also have to give previous tenants the opportunity to move back into the new building at a discounted rate.Not all jurisdictions share these policies.In Toronto, Jillian Zeppa, 30, who works for a non-profit education organization, couch surfed with friends for six months after she was evicted from her one bedroom basement suite last fall.Zeppa said she had lived in the unit for 16 months when the landlord decided to move in herself, prompting her eviction.She disputed the notice with the province’s rental housing enforcement unit and was awarded $2,000 in compensation. But Zeppa said the cost of moving, storing her belongings, searching for a new home and the stress of the experience had her hoping she’d receive twice that amount.Her situation reflects a concerning trend, say housing advocates in Ontario.Geordie Dent, executive director of the Federation of Metro Tenants’ Associations, said in nine of the last 10 years, the number one reason the agency received calls from tenants facing eviction was due to unpaid rent.But last year that changed with an “explosive” increase in landlords choosing to make use of the home themselves or by their family, he said.“Probably most of them are going to be in bad faith, meaning the landlord is not actually moving in, it’s just pushing tenants out to be able to jack up the rent,” Dent said.The Ontario government responded by bringing in new rules last September that require landlords to pay a tenant one month of rent in compensation. If the landlord advertises, rents, demolishes or converts the unit within a year — signalling they aren’t using it themselves — they could also face a fine of up to $25,000.In many cases, landlords want to get rid of their oldest tenants who pay the lowest rents, Dent said. Being able to charge higher rents for new tenants could be enough to cover the penalties, he added.Zeppa pays $1,050 per month. Finding a new place close to transit for the same rent with similar amenities, such as laundry in the building, proved to be impossible.“The golden rule of spending 30 per cent of your money on rent, I feel like is out the window because rent is going up but no one’s salary is going up,” said Zeppa.She moved into a new apartment on April 1 after months of searching. But at $1,300 a month, Zeppa said she has to make sacrifices.The new unit accounts for 45 per cent of her take home income and it is far enough from her office that she’ll have to spend an hour on transit, rather than walking or cycling.There are also other changes she is looking at to cover the extra cost of rent.“I’m either not going to travel or not going to make an RRSP contribution every year. One of them is going to have to be sacrificed, I realized, in the budget planning of it all. That doesn’t really feel right,” she said.While she’s confident her new home will be more stable, Zeppa said if she is evicted again, she’s more likely to consider other areas of the country to live and work.“This whole experience has allowed me to realize Toronto will not be a forever place for me,” she said.The federal government announced a national housing strategy last fall that commits $40 billion over 10 years to new units and upgrades of aging properties, including loans to encourage developers to build new housing geared toward modest- to middle-income families.The provinces and territories have agreed to fund a key piece of the housing strategy by spending billions to repair and build social housing units and create a new rental benefit. It adds about 50,000 units to the system and repairs 60,000 more, while promoting construction of mixed-income and mixed-use residential developments.Aled Ab Iorwerth, the deputy chief economist at the CMHC, said whether there is enough incentive for developers to construct purpose-built rental housing remains unclear.“I think there are a lot of incentives out there to build,” he said. “How exactly the market supplies that is a little bit conditional on their own decision.”— Follow @Givetash on Twitter.
TORONTO – North American stock markets sold off Thursday amid China economic growth concerns that have pressured markets all week, as well as increasing jitters over the crisis in Ukraine.The S&P/TSX composite index dropped 73.86 points to 14,245.14 with losses limited by the gold sector as traders looking for safety sent bullion prices higher for a fourth day.The Canadian dollar rose 0.51 of a cent to 90.47 cents US.New York indexes tumbled with the Dow industrials falling 231.19 points to 16,108.89.The Nasdaq fell 62.91 points to 4,260.42 and the S&P 500 index gave back 21.85 points to 1,846.35.Traders grew cautious ahead of a referendum in Ukraine’s Crimea region on Sunday that will ask residents if they want the territory to become part of Russia. Russian forces have already seized control of Crimea and its parliament has given President Vladimir Putin permission to use the military to protect Russian speakers in Ukraine.Meanwhile, Chinese industrial production rose by a lower than anticipated 8.6 per cent in the first two months of this year.Also, China’s premier, Li Keqiang, said that his country will keep this year’s economic expansion strong enough to create new jobs but will emphasize market-opening reform and the environment over hitting its official growth target of 7.5 per cent.“So, the Wild East is over now, and they’re moving to a more managed scenario, they’re going to tighten the screws,” said Wes Mills, chief investment officer, Scotia Private Client Group.“And sure, it’s a slower growth kind of environment and in the long run it’s good; in the short run, it’s got the commodity guys nervous.”Copper prices have slid nine per cent over the past five sessions while the TSX base metals segment has been by far the worst performer this week, down over nine per cent.The May contract for the metal lost four cents to US$2.92 a pound Thursday and the base metals sector was 1.22 per cent lower.More than demand issues have weighed on copper. The metal is also used for financing transactions and worries about corporate defaults have prompted concerns that a wave of such failures could result in a massive liquidation of copper on the markets.Oil prices edged up 21 cents to US$98.20 a barrel, but the energy sector slipped 0.21 per cent.Financials were also a major drag, down 0.84 per cent.Bullion prices ended the session at their highest close since early September 2013 amid concerns centred on the Ukraine-Russian crises, rising $1.90 to US$1,372.40 an ounce and the gold sector was ahead about 2.25 per cent.In corporate news, shares in Empire Company Ltd. (TSX: EMP.A), fell $2.12 to $68.10 as the parent of supermarket chain Sobeys Inc. reported that quarterly net earnings slumped to $400,000 or nil per diluted share compared with $74.1 million or $1.09 per share in the year-earlier period. Ex-items, earnings were 84 cents per share, below analyst estimates of $1.23 per share.Media giant Quebecor Inc. (TSX:QBR.B) posted adjusted earnings from continuing operations of $68 million or 55 cents per share, while revenues remained relatively flat at $1.12 billion. Analysts had called for 53 cents of adjusted earnings on $1.15 billion in revenues and its shares dipped 15 cents to $24.79. by Malcolm Morrison, The Canadian Press Posted Mar 13, 2014 7:38 am MDT AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to RedditRedditShare to 電子郵件Email The Toronto Stock Exchange Broadcast Centre is shown in Toronto on June 28, 2013.THE CANADIAN PRESS/Aaron Vincent Elkaim Stock markets sell off: investors nervous about China growth, Ukraine crisis
US bank earnings up 5.2 pct in 2Q as banks cut expenses; lending at fastest pace since 2007 by Marcy Gordon, The Associated Press Posted Aug 28, 2014 8:01 am MDT AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to RedditRedditShare to 電子郵件Email WASHINGTON – U.S. banks’ earnings rose 5.2 per cent in the April-June quarter from a year earlier, as banks reduced their expenses and lending marked its fastest pace since 2007.The data issued Thursday by the Federal Deposit Insurance Corp. showed a robust picture as the banking industry continues to recover from the financial crisis that struck six years ago. The improving economy has brought greater demand for loans and stepped-up lending.The FDIC reported that U.S. banks earned $40.2 billion in the second quarter of this year, up from $38.2 billion in the same period in 2013.The number of banks on the FDIC’s problem list fell to 354 in the second quarter, the lowest number in more than five years and down from 411 in the January-March period.The FDIC said 57.5 per cent of banks reported an increase in profit in the second quarter from a year earlier, and only 6.8 per cent of banks were unprofitable — down from 8.4 per cent a year earlier.Banks reduced expenses by setting aside less in reserves to cover bad loans and making smaller payrolls, the report said.FDIC Chairman Martin Gruenberg said the industry continued to improve in the latest quarter. However, he said, “challenges remain” for banks as their revenue is chipped away by lower income from mortgage business.Total loan balances rose by $178.5 billion, or 2.3 per cent, from the first quarter, led by increases in commercial and industrial loans, home mortgages, credit card lending and auto loans. The 2.3 per cent increase was the biggest quarterly rise since the fourth quarter of 2007, about a year before the financial crisis struck.Demand for loans has grown as the economy has improved, new jobs have been added over the past six months and business confidence has rebounded. Improved prospects for repayment of loans have prompted bankers to extend more credit.“The improvement in loan balances has now been sustained over time,” Gruenberg said, adding that the key will be for the trend to continue.Community banks earned $4.9 billion in the second quarter, up 3.5 per cent from a year earlier.Banks with assets exceeding $10 billion continued to drive the bulk of the earnings growth in the May-June period. While they make up just 1.6 per cent of U.S. banks, they accounted for about 82 per cent of industry earnings.Those banks include Bank of America Corp., Citigroup Inc., JPMorgan Chase & Co. and Wells Fargo & Co. Most of them have recovered with help from federal bailout money during the financial crisis and record-low borrowing rates.Last year, the number of bank failures fell to 24. That is still more than normal. In a strong economy, an average of four or five banks close annually. But failures were down sharply from 51 in 2012, 92 in 2011 and 157 in 2010 — the most in one year since the height of the savings and loan crisis in 1992.So far this year, 14 banks have failed. Twenty had been shuttered by this time last year.The decline in bank failures has allowed the deposit insurance fund to strengthen. The fund, which turned from deficit to positive in the second quarter of 2011, had a $51.1 billion balance at the end of June, according to the FDIC. That compares with $48.9 billion as of March 31.The FDIC, created during the Great Depression to ensure bank deposits, monitors and examines the financial condition of U.S. banks.The agency guarantees bank deposits up to $250,000 per account. Apart from its deposit insurance fund, the FDIC also has tens of billions of dollars in reserves.
“I do know it is a very difficult task, but I believe it is not my right to refuse and to try my best to give as much help as possible to the Syrian people,” said Mr. Brahimi, who will be heading to Damascus in the next few days, where he will meet with Syrian officials as well as representatives from civil society.“As I said in New York, I reiterate that while performing my job, I will be in the service of the Syrian people alone and I will not have any master but the Syrian people,” Mr. Brahimi told reporters in Cairo after meeting with officials from the League of Arab States.Last week, Secretary-General Ban Ki-moon appealed to Member States to provide strong and unified support to Mr. Brahimi, as he takes up his mission amid an intensifying conflict that shows no sign of abating.More than 18,000 people, mostly civilians, have died since the uprising against President Bashar al-Assad began nearly 18 months ago. Amidst reports of an escalation in violence in recent weeks in many towns and villages, as well as the country’s two biggest cities, Damascus and Aleppo, UN agencies now estimate that some 2.5 million Syrians are in urgent need of humanitarian assistance.An Algerian national who has served the UN in various high-level roles over the past two decades, Mr. Brahimi assumes the peace-facilitation role which had been carried out since February by a former UN Secretary-General, Kofi Annan, with the aim of bringing an end to all violence and human rights violations in Syria, and promoting a peaceful solution to the conflict. Mr. Annan’s mandate ended on 31 August.
More needs to be done to encourage overseas automotive suppliers to the UK if its automotive industry is to become truly competitive on a global scale, according to Jaguar Land Rover’s Director of Purchasing.Speaking at the SMMT International Automotive Summit at Canary Wharf, Ian Harnett tempered his optimism at JLR’s current success – the firm’s annual worldwide sales now exceed 400,000 – with an assertion that reshoring the UK automotive supply chain is a serious issue faced by the industry.“We need a strong UK plc to attract quality global component suppliers to the UK,” said Harnett.“To do this, there has to be a competitive environment for investment – and we also want UK-based suppliers to have access to finance to enable them to invest and grow.”Around 50% of JLR’s components are presently UK-sourced – more than the national average of around one third.Harnett also attributed a large share of the challenge facing the UK automotive supply chain to a lack of skilled youngsters coming into the industry, not only in engineering but also in areas such as purchasing and logistics. In his own purchasing department, there are currently over 100 vacancies he is looking to fill.“A career in automotive manufacturing is currently perceived as being insufficiently interesting for many youngsters, who’d prefer a career in the arts or the City,” he said. “We must get our youngsters to want to invent, and to make things, again.”Across the whole industry, tens of thousands of skilled roles are set to become available between now and the end of the decade.Do you have a view on this? Join the debate on Twitter using the hashtag #SMMTsummitClick to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)
2011Charl Schwartzel+0.90190.0596 In the chart above, you can see that the same general pattern holds for every tier of the money list: Higher-earning players gain more strokes with their long games, while lower-earning ones lose more strokes the same way — and the impact of putting is relatively muted by comparison.This, of course, flies in the face of “drive for show, putt for dough.” Putts do constitute the plurality of shots on tour — they make up around 40 percent of all strokes — so in hindsight, it’s not surprising that the conventional wisdom says putting is the primary separator of wheat from chaff. But with the advent of modern analytics, we can see that the long game is more important on average.A good long game usually wins at AugustaUnfortunately, the Masters itself does not keep tournament-level strokes-gained statistics. But we can look at Masters winners’ stats from other PGA Tour events3Again, excluding tournaments for which ShotLink data was not available. during the same seasons, in search of patterns of play that may translate well at Augusta National.The course is famous for its slick, undulating greens, which might suggest that it rewards putting skill. But going back to 2004 again, only three of the past 13 Masters winners have ranked among the top 10 in putting strokes gained during the year they donned the green jacket — and two of those players (Spieth and Tiger Woods) were equally elite according to strokes gained: tee-to-green. Meanwhile, six of the 13 winners were actually below-average putters according to strokes gained. (Strokes gained measures everything relative to average, so negative totals mean a player was below-average.)On the other hand, eight of the 13 winners ranked among the top 10 in strokes gained: tee-to-green, and all 13 winners were above-average tee-to-green players in the seasons they won. TEE-TO-GREEN ENTIRE SEASONPUTTING ENTIRE SEASON 2006Phil Mickelson+1.6940.2740 2009Angel Cabrera+0.37630.1763 2005Tiger Woods+1.7440.665 2012Bubba Watson+1.813-0.28160 YEARMASTERS CHAMPIONSTROKES GAINED PER ROUNDRANKSTROKES GAINED PER ROUNDRANK Masters winners have better long games than putting strokes Statistics and rankings are for the PGA Tour season in which a player won the Masters (excluding tournaments where ShotLink data was unavailable). Willett did not play enough PGA Tour rounds in 2016 to have an official rank.Source: PGA Tour 2013Adam Scott+1.345-0.03108 2010Phil Mickelson+1.155-0.15133 2015Jordan Spieth+1.5840.579 2007Zach Johnson+0.42600.665 2008Trevor Immelman+0.6731-0.68191 2004Phil Mickelson+1.415-0.09128 Masters rookie Jon Rahm, 22, heads to Augusta this week with history decidedly not on his side: No player making his debut at the tournament has won it since Fuzzy Zoeller in 1979. But the Spanish golfer does have a secret weapon of sorts, one that might help him overcome the weight of history. So far this season, he ranks second on the PGA Tour — ahead of the likes of Jason Day and Jordan Spieth — in a statistical category called “strokes gained: tee-to-green” that measures how well a player hits the ball on all shots other than putts. And despite Augusta National’s longtime reputation as a putting test, it’s this ball-striking ability that will likely determine who wins this week — just like it does every other week on tour.How to gain (and lose) strokesBefore we can isolate the quality of a player’s long game, we need a framework for evaluating every single shot he takes. That’s where “strokes gained” comes in: Developed by Mark Broadie, a business professor at Columbia University,1Broadie formalized the concept in a 2010 paper called “Assessing Golfer Performance on the PGA TOUR.” the statistic uses data from ShotLink — a laser-tracking system that records the location of the ball on every shot — to estimate how many strokes a typical player would need to get the ball into the hole from any given spot on the course. In turn, those numbers can be used to evaluate every player on the PGA Tour, by comparing his performance on each incremental shot in a round to the average.Here’s an example: Let’s say a player tees off on a hole where the average is 4.2 strokes to hole out. He hits a great drive down the middle, his ball coming to rest in a spot on the fairway from which the average player would take an additional 2.8 strokes to hole out. In other words, that one shot essentially did the work of 1.4 shots by an average player — his drive “gained” him 0.4 strokes on the field.2Mathematically, a shot’s contribution to strokes gained equals the expected strokes to hole out before hitting the shot minus the expected strokes to hole out after hitting the shot, minus one (for the stroke the player actually took). Add up these marginal gains and losses, and you get a sense of not only who the best players are, but also why they’re so great — where on the course they gain their edge over the field.The PGA Tour breaks “strokes gained” down into four categories: off the tee, approaching the green, around the green and putting. There are also two aggregate categories: total strokes gained, which is the sum of all categories, and strokes gained: tee-to-green, which is the sum of the non-putting categories. Each stroke a player gains is important, but the driving and approach categories — the ones Rahm excels in — are where great players separate themselves the most from their peers.“Drive for show, putt for dough” is a mythThere’s an old golf adage, attributed to four-time major winner Bobby Locke (who was renowned for his putting ability), that you “drive for show and putt for dough.” In other words, even though long shots are flashy and crowd-pleasing, putting is what wins tournaments. But the data makes clear that the top players gain more strokes from their long games than from their short games.To investigate this, I gathered stats from every PGA Tour season (excluding the handful of tournaments where ShotLink data wasn’t tracked) since 2004 — the first season for which “strokes gained” was calculated — and separated players into groups based on their ranking on the tour’s money list for each season. By taking the average strokes gained for each group, I found that players who finish among the top 10 on the money list average about 1.5 strokes gained per round, which break down by category like this:0.4 strokes gained off the tee0.6, approaching the green0.2, around the green0.3, puttingMost great players gain the majority of their strokes with their full-swing shots. By comparison, putts and shots around the green make up a comparatively small amount of their strokes gained in a given round. Here’s the breakdown of where players gain and lose strokes based on how they rank on the money list: 2016Danny Willett+0.83—0.17— 2014Bubba Watson+1.407-0.05109 This doesn’t mean that the winners didn’t putt well during the Masters itself — the eventual champion usually finishes among the top 10 in the field (at worst) in terms of fewest putts — but it does mean that, for the most part, they weren’t consistently great putters.Just like in my earlier analysis of the top earners, players who finished in the top five at the Masters since 2004 gained the most strokes per round during the season as a whole from their approach shots (where they picked up a shade under half of their total strokes gained), followed by their tee shots, putts and chips or pitches around the green.All of this bodes well for Rahm and his fellow long hitters at Augusta. Although golf is a difficult sport to predict, recent Masters results suggest that players with great long games and middling short games are more likely to finish high on the leaderboard than players with great short games and unremarkable long games. In turn, that explains why Rahm belongs right in the conversation with the likes of Rory McIlroy and Dustin Johnson as Masters favorites — especially since they also perform extremely well in strokes gained from tee to green.4Johnson leads the PGA Tour in the category, while McIlroy would be No. 1 if he’d played enough rounds to qualify. (Rahm’s countryman Sergio Garcia, who ranks third in the metric, isn’t a bad dark-horse pick either.)There is more than one way to be successful in a high-variance game like golf, and players such as Brandt Snedeker and Luke Donald have enjoyed success primarily because of stellar short-game skills, not powerful long games (as measured by strokes gained). But on average, the top PGA Tour players tend to gain many more strokes from their drives and approach shots than their chips and putts — even at a place like Augusta National, known for its lightning-fast greens. So the next time you hear somebody talk about driving for show and putting for dough, remember that the longest clubs in the bag are the ones that put the most money into the pros’ pockets.
Healthy food is mostly cheaper than junk food, making it “simply wrong” that cost is driving poor nutrition and obesity, according to a report.The cheapest ready meals, pizzas, burgers and sugary breakfast cereals cost more than £2 per kilogram, whereas typical fruit and vegetables cost less than that amount, the study from the Institute of Economic Affairs (IEA), based on data from Tesco and Asda, found.The study compared the prices of 78 common food and drink products, finding that healthier options are mostly cheaper than less healthy alternatives when measured by edible weight rather than “flawed” cost-per-calorie methodology. A burger is more expensive than buying vegetables, according to the report “A wide range of healthy alternatives are available at the same price as the less healthy options.”The idea that poor nutrition is caused by the high cost of healthy food is simply wrong. People are prepared to pay a premium for taste and convenience.”A nutritious diet that meets government recommendations is more affordable than ever.”Given the relatively high cost of junk food, it is unlikely that taxing unhealthy food or subsidising healthy food would change people’s eating habits. Instead, it would transfer wealth from the poor to the rich.” The IEA said the £1 cost of a cheeseburger could also buy a kilo of sweet potatoes, two kilos of carrots, two and a half kilos of pasta, 10 apples or seven bananas, claiming that the recommended five portions of fruit and vegetables a day could cost as little as 30p.It concluded that “ultimately price is not the main driver of unhealthy food consumption”, suggesting that consumers were often prepared to pay more for taste and convenience.The IEA said the “popular belief” that obesity and poor nutrition is directly driven by economic deprivation was “untenable”, adding that the use of taxes and subsidies to incentivise better nutrition was unlikely to be successful. The recommended five portions of fruit and vegetables a day can cost as little as 30pCredit:Nick Ansell /PA Chris Snowdon, the report’s author and head of lifestyle economics at the Institute of Economic Affairs, said: “A diet of muesli, rice, white meat, fruit and vegetables is much cheaper than a diet of Coco Pops, ready meals, red meat, sugary drinks and fast food. Want the best of The Telegraph direct to your email and WhatsApp? Sign up to our free twice-daily Front Page newsletter and new audio briefings.
“Luckily, none of the blows were straight at me or I’d be dead.”His mother told The Sun: “He’s fearless, my son. He’ll give as good as he gets.“He’s quite nippy and lippy and wouldn’t back down from a fight.“He wouldn’t care who it was or if they had a knife or gun.”After the fight, the brave football fan was taken to St Thomas’s Hospital in critical condition and had surgery to wounds on his head, fingers and chest.He was taken off the critical list on Sunday.A JustGiving page set up to reward Mr Larner’s bravery has since raised over £30,000. “It was just me, trying to grab them with my bare hands and hold on. I was swinging. Want the best of The Telegraph direct to your email and WhatsApp? Sign up to our free twice-daily Front Page newsletter and new audio briefings. His friends have since gifted him a “learn to run” book, joking about how instead of saving his own life, he put himself in danger by fighting the terrorists.He told The Sun from hospital: “They had these long knives and started shouting about Allah. Then it was, ‘Islam, Islam, Islam’.“Like an idiot I shouted back at them. I thought, ‘I need to take the p— out of these b——s’.”“I took a few steps towards them and said, ‘F— you, I’m Millwall’. So they started attacking me.“I stood in front of them trying to fight them off. Everyone else ran to the back.“I was on my own against all three of them, that’s why I got hurt so much. “I got stabbed and sliced eight times. They got me in my head, chest and both hands. There was blood everywhere.“They were saying, ‘Islam, Islam!’. I said again, ‘F*** you, I’m Millwall!’“It was the worst thing I could have done as they carried on attacking me. A defiant football fan who charged at the three terrorists and took them all on with his bare hands has been nicknamed the Lion of London Bridge for his bravery.Roy Larner, 47, was drinking in a pub when the three terrorists burst in and he held them off so others could escape, getting fairly cut up in the process.They chanted “Islam, Islam” and “This is for Allah”.In return, Mr Larner shouted: “I’m f—ing Millwall!!”He was knifed eight times before the jihadis left the Black & Blue restaurant and bar. Credit:Facebook Roy larners m8s have a funny sense of humour #Hero #LondonTerrorAttacks #LondonBridge pic.twitter.com/aktgnxK2Xb— Goodfella (@Jimmycn1) June 6, 2017
Councillor Alison Sharpe, chairwoman of the council, said: “All I can say is if they’re making a reality show there must be some kind of truth in it, I would hope they would choose people who were genuinely from Ascot. There’s a wide variety of people in Ascot and they’re all very lovely. If there are people on the show who are not from Ascot then it is not very representative of the area, is it?”Dozens of worried people have posted in the Facebook gossip group Ascot People, which boasts 10,000 members and is the go-to place for locals to discuss the town’s most pressing issues.Many said they had seen the cast filming on the local green, as well as in supermarkets around the town.One wrote: “I can see house prices dropping….”Another commented: “Dear God, could it get any worse?”A local woman told The Telegraph the groups have been abuzz during the last few weeks. “From posts on Facebook groups like Ascot Gossip Girls and Ascot People, many ‘mums’ and younger people have been cringing at the thought of it appearing on screens and ruining the reputation of Ascot.”ITV declined to comment on the cast or the content of the programme. Courtney Smith at the Ascot Courtney Smith (in the yellow bikini) is rumoured to be on the show, and is seen here relaxing at a spa in Ascot Want the best of The Telegraph direct to your email and WhatsApp? Sign up to our free twice-daily Front Page newsletter and new audio briefings. JoJo, another local, told The Sunday Telegraph: “I actually met the cast at Windsor races – they were quite rough. We are a highly social crowd from Ascot and did not recognise any of them.”We asked if they were from Ascot and they declined to answer. But they are very young so who knows. After meeting them [it seemed like a] very poor representation of Ascot – I hope the house prices don’t decline.”One rumoured contestant is 18-year-old Courtney Smith, an ‘Instagram influencer’ from Essex, who declined to say whether or not she would be on the show. Her profile shows her attending the Ascot Races, lounging at a spa in the town and showing off a new pair of Louboutin shoes.Another is Leah Fletcher, who has 14,000 followers on Instagram and did not respond when approached by the Telegraph. She posted photographs from the Windsor Races, but appears to spend the bulk of her time in Staines. One young woman who lives in the town complained the show looked like “a cross between Towie and My Big Fat Gypsy Wedding”.She said that many of the cast do not appear to be from Ascot, where the average house is well in excess of £600,000. For the well-heeled residents of Ascot, the greatest disruption to their summer is usually the influx of thoroughbred horse loving revelers attending the races.But in recent weeks a new breed of fake-tanned and invariably glamorous people have descended on the picturesque Berkshire town all hoping to become stars in the latest reality television show.And residents fear the ITV programme, called Absolutely Ascot, could paint the town in a bad light and bring down house prices, in part because they insist not all of the show’s contributors are real locals. ITV last night refused to comment on who is in the show or where they are from, but photographs of some of the cast being filmed have been shared on social media often with disparaging comments.Meanwhile, rumours abound that the show, meant to rival The Only Way is Essex and Made in Chelsea, that so-called ‘Instagram influencers’ from Essex have been recruited to promote the programme. “Well, from the small clips I’ve seen and the gossip I’ve heard most of the cast are not true residents at all,” she complained.“My friends can name a few in those photos and they live in Egham, Ashford, Staines and Virginia Water.“Personally, I don’t think it represents Ascot in its true light at all. I think some of the cast are from around the outskirts of Ascot.”
Hexagon’s Mining division today introduces HxGN MineOperate Asset Health, a platform of servers and data-loggers that will extend the life of mining equipment. Asset Health will help maintenance and operations staff to identify machine health trends in real-time, empowering them to improve efficiencies and minimise equipment down-time.Asset Health addresses concerns such as unplanned equipment failures, visibility of equipment health, and provides analytics to make smart decisions in real-time. By solving these issues and addressing potential failures before they happen, Asset Health can increase production via equipment uptime and lower maintenance costs.“The integration of health products with our fleet management system (FMS) will help customers to not only improve equipment performance, but also equipment availability and productivity,” said Marcelo Romero, Senior Product Portfolio Manager. “Offering an integrated solution enables Maintenance, Operations, and Planning to continuously improve the processes between their teams.”Integrating with FMS on a common hardware platform that efficiently uses networking and server resources provides customers with a standard Hexagon solution for the life of their mine. It simplifies Asset Health installation for existing FMS customers.Asset Health can be used to connect OEM-agnostic platforms for onboard data logging, telemetry and messaging. On-board alerts can be synchronized with the office, dispatch, reliability engineering, and maintenance centers.“Customers will now have unprecedented insight into their equipment fleets and will know when to take action,“ said Romero.Future development will see Asset Health implement analytics with machine learning models. This level of predictive maintenance will enable repair engineers to plan for and prevent down-time and lost revenue.
Two more Serbian players will play at French Lidl Starligue in season 2018/2019.The 35-years old right back Aleksandar Stojanovic joined the new member of the French handball elite Istres, based on signing one-year deal (with possibility of extension). He has a huge experience of playing at VELUX EHF Champions League with Kadetten Schaffhausen, RK Celje PL, RK Vardar, RK Cimos Koper and RK Metalurg. Stojanovic is coming to France as TOP scorer of the Turkish league where he played for Antalya.Cesson Rennes will be stronger for playmaker Luka Mitrovic. The 29-years old Serb played for RK Celje PL in the last season, but he missed most of it because of knee injury. Mitrovic played before at RK Gorenje Velenje, but also Norwegian and Danish teams. Aleksandar StojanovićCesson-Renneshandball transfersIstres handballLuka Mitrovic ← Previous Story Kristjan Andresson to replace Jacobsen on RNL’s bench in 2019! Next Story → 9 months after Handball-Planet.com: Barca confirms Petrus’ signing
Facebook Twitter: @NeosKosmos Instagram A post office box has been set up so Victorians can hold the Baillieu Government accountable for decisions made.The ‘Scrutiny of Government’ post office box has been set up by the opposition in response to what they consider to be the “secretive” style of the government in power. Opposition Scrutiny of Government spokesman Martin Pakula said “Mr Baillieu promised his Government would be open, transparent and accountable but the reality has been very different. “All we have seen is a Government shutting down questioning, dodging issues and stifling attempts to gain information for Victorians.” He said that all Victorians have a right to know what the government is doing and encourages all Victorians to use the post office box to “send through information of mismanagement, of broken promises, of deceit, bad faith or bad administration by the Baillieu Government”. Victorians can send information to PO Box 225, Yarraville, 3013.
Grippe A : l’Etat, l’OMS et les laboratoires pharmaceutiques montrés du doigtFrance – Le Sénat vient de publier un rapport sur le très controversé rôle des laboratoires pharmaceutiques lors de la pandémie de grippe A (H1N1) de 2009-2010.Les conclusions des parlementaires sont sans appel, tous bords politiques confondus. D’après eux, l’État a mal évalué les besoins en vaccins, les estimant beaucoup plus importants qu’ils ne l’étaient en réalité. Dans la course à leur obtention auprès des laboratoires pharmaceutiques, les contrats passés auraient ainsi été mal négociés. Le contenu de ces derniers, déséquilibré et rigide, présenterait même des clauses à la légalité douteuse.À lire aussiOiseaux, chauves-souris et saumons : une espèce sur trois est désormais menacée de disparition en France Les différents acteurs impliqué dans la gestion de la pandémie sont mis en cause sans concession : l’Organisation mondiale de la santé (OMS), n’aurait ainsi pas su gérer les conflits d’intérêt, tandis que l’État français s’est retrouvé à la merci de grands groupes privés. Enfin, les fameux laboratoires eux-mêmes sont montrés du doigt. François Autain, président de la commission d’enquête, répond aux questions du journal L’Humanité. Il estime que les laboratoires ont fait pression sur l’État français et que celui-ci, contrairement à certains de ses voisins européens, n’a pas su fournir une réponse satisfaisante.Le 9 août 2010 à 11:24 • Emmanuel Perrin
Marée noire : BP autorisé à reprendre le forageLe Sunday Times indique que la société britannique BP est autorisée dès juillet prochain à reprendre ses forages en eaux profondes dans le Golfe du Mexique.Selon un article paru dans le journal britannique Sunday Times, le groupe pétrolier BP serait autorisé à reprendre ses forages en eaux profondes dans le Golfe du Mexique. À lire aussiUne marée noire de 50 000 litres souille l’île de Koh Sameh en ThaïlandeComme le rappelle l’AFP, en mars 2010, l’explosion d’une plateforme exploitée par le géant britannique avait provoqué la pire marée noire de toute l’histoire des Etats-Unis. Cette fois-ci, les règles de sécurité imposées par les autorités américaines devraient éviter qu’une nouvelle catastrophe se produise et BP espère reprendre ses exploitations d’ici juillet.De son côté, Goodplanet rappelle que le mois dernier, le suédois Carl-Henric Svanberg, PDG du groupe, avait affirmé que la catastrophique marée noire de 2010 qui avait entraîné la mort de 11 personnes et relâché l’équivalent de quatre millions de barils de pétrole ne justifiait pas l’arrêt des forages en eaux profondes.Le 4 avril 2011 à 17:15 • Maxime Lambert
Luis Suarez has reportedly become concerned that Paris Saint-Germain may be targeting his Barcelona teammate Sergio Busquets, according to Don BalonThe Uruguay international has already spent three and a half years at the Nou Camp and has scored an impressive 145 goals in his 187 appearances.The Spanish publication states that Suarez has gathered a keen interest in the transfer activity at the club and is aware on Manchester United’s interest in defender Samuel Umtiti. But amid the speculation surrounding the French international, Suarez has discovered that Busquets may be a target for PSG in the summer.Fati and Suarez shine against Valencia at Camp Nou Tomás Pavel Ibarra Meda – September 15, 2019 With a mesmerizing first half from Ansu Fati and a brace from Luis Suarez in the second half, Barcelona demolished Valencia at Camp Nou.Valencia…Don Balon have reported that the Ligue 1 leaders view Busquets as the ideal candidate to strengthen their midfield, after a disappointing Champions League campaign.But PSG are believed to be unwilling to match the €200m release clause that Busquets has at Barcelona, but are believed to be interested in offering him a “gold contract”.
Are you ready for the 20th Commodity Classic Show in Phoenix, Ariz. this February? Make sure by checking out these three things to know right now:Early bird registration ends Jan. 15, 2015. This date is going to sneak up on you, so don’t delay. Save money by registering online now at www.CommodityClassic.com! The new Commodity Classic mobile app is now available. Download it at the app store for your operating system and start planning your Commodity Classic schedule earlier than ever before! Or click here for details.Complete 2015 schedule is now online. See what’s in store for you at the 20th Commodity Classic by clicking here.
John Eckhart listens to his attorney, Jon McMullen, Monday in Clark County Superior Court. “Convenience, computer games and extended smoke breaks” are what led a Vancouver couple to imprison two young autistic boys in a dark room for hours on end, a deputy prosecutor told jurors on Monday.When an apartment maintenance worker conducted a routine premises check and found the children, “he didn’t observe the boys doing anything to harm themselves. There was no damage to property, no reason for these boys to be kept in the room,” Deputy Prosecutor Dustin Richardson said.However, the defense suggested the child-proofing was intended to protect severely autistic boys who routinely harmed themselves, including bashing their heads through windows, jumping from furniture and wandering from the apartment.The confinement was “not a matter of convenience, but a matter of safety,” said Jon McMullen, one of two defense attorneys.The opening statements came on the first day of the trial of John Eckhart, 31, and Alayna Higdon, 27. The couple are charged with unlawful imprisonment of Eckhart’s sons, ages 5 and 7, between Oct. 1, 2010, and April 12, 2011.Clark County Superior Court Judge Robert Lewis is presiding over the trial, which is expected at last through Thursday.The case hinges on whether Eckhart and Higdon deliberately imprisoned the boys, or whether they took reasonable safety precautions because of the boys’ autism. Autism is defined as a complex developmental disability that affects the normal functioning of the brain, impacting development in social interaction and communication skills.
FUN – short for F**k Up Nights is a concept that encourages people who’ve failed in their professional endeavors to come up and share their stories with people the same way they would, a success story. The idea is to create a safe space where people can share what went wrong in their business ventures so people can learn from their mistakes. For the first time in India, CLOwork Co-working Space is bringing F**k Up Nights to Hyderabad. Praneetha Suri, Community Manager at the space says, “We’ve heard of FUN for many years now. When we started CLOWork, we realized a major part of co-working is creating a community and not just sharing a work space or a coffee machine. So, we thought bringing FUN to Hyderabad would be a great way to get the ball rolling. This is our attempt at removing the taboo surrounding failures and sharing failure stories. It’s because we recognize that being vulnerable is extremely important.” Also Read – Look trendy! Advertise With Us So, what happens at a FUN get together? Few speakers are chosen to take the audience through their failure story, and identify what went wrong where, that led to the professional failure. The learning doesn’t stop at sharing stories alone. The organisation has developed a unique term called the ‘Global Failure Index’ that takes the data shared by participants from 318 cities and 86 countries in the world to map exactly what were the reasons for failure in each story – down to the specifics like what was the gender of the entrepreneur, whether they had financial backing, their ROI, and so on. This keeps entrepreneurs in similar industries from making the same mistakes themselves – which is one of the main intentions of setting up the movement. Also Read – Exploring new fashion models Advertise With Us In a country like India where marks and ranks are prioritized over everything else, we have unfortunately developed the attitude of not taking a failure in our stride. We hope that movements like FUN can help us unlearn and relearn our preset notions. For further information on FUN, visit eventshigh.com or clowork.in for future events.
UN chief urges India & Pakistan to exercise ‘maximum restraint’ on Kashmir, recalls Simla agreement The tweets have no local content, which normally should have been available to a Kashmiri present on the ground.IANSDespite the communications lockdown in Jammu and Kashmir since August 4 night, the Twitter handle of Hurriyat hawk Syed Ali Shah Geelani has apparently been active, putting out anti-India tweets regularly.Tweets from the handle @sageelani_ were largely in praise of Pakistan and Major General Asif Ghafoor, the Director-General of the Inter-Services Public Relations (ISPR). The earlier Twitter handle @sageelani was suspended in June for its vitriolic anti-India and separatist content.The current handle has been active on a daily basis, and there is every likelihood of it being handled from across the border. The handle reflects Pakistan’s current thinking regarding the events in Kashmir after the revocation of its special status.The tweets have no local content, which normally should have been available to a Kashmiri present on the ground.Take for instance an August 4 tweet. It says “#IndiaUsingClusterBombs Pakistan we need your help!! #KashmirUnderThreat”. Pakistan alleged that India had used cluster bombs on its civilians living along the border that day. The tweet is a give-away that the handle is being managed by the ISPR, the media wing of the Pakistan Armed Forces.The handle specifically eulogises and thanks Asif Ghafoor, who is the head of the media wing. The ISPR is known to run fake pro-Kashmiri and anti-India handles to keep the separatist fire burning among the people of the valley.Separatist hawk Geelani is known not to run his Twitter handles. His earlier account, now suspended, was run by the All Parties Hurriyat Conference (APHC).Geelani was put under house arrest, as numerous other separatist leaders, ahead of revocation of Article 370 that gave special status to Kashmir, and division of the state into two Union Territories — J&K and Ladakh. Close
Aamir Khan’s daughter Ira posts adorable picture with beauVarinder Chawla/InstagramAamir Khan’s daughter Ira Khan posted an adorable picture on Instagram that shows her sharing a romantic moment with her boyfriend Mishaal Kirpalani. While the photo is a cute one, it is the caption that raised some concerns.The picture posted by Ira shows her beau holding her from behind, while both pose with happy faces. It is indeed a beautiful photo, but the caption appeared rather odd. She wrote, “Everything will be okay”.While a lot of her followers appreciated the picture and showered love on the couple, few of them expressed concern at the caption. They started asking Ira if she is having any issues in her relationship or otherwise.Ira had confirmed her relationship with Mishaal in June while having a chat session with followers on Instagram. When a person had asked her if she is dating someone, she had posted a picture of her and the guy in response to the query.Aamir’s doting daughter had recently set the internet on fire with her sizzling photoshoot picture. She was seen sporting a red bralette and denim hot pants, flaunting her curves and belly ring.