Lurgybrack Open Farm reopening for a season of family fun!

first_imgLocal families will be delighted to hear that Lurgybrack Open Farm will be reopening this Easter Break.The hugely popular farm is opening its gates on 13th April 2019, just in time for the school holidays. Lurgybrack Open Farm is a hidden treasure on the outskirts of Letterkenny on the Cullion Road. It has become a destination for families all over Donegal and beyond to visit and learn about animals while having fun in the fresh outdoors. Plus, there are some fun new additions to discover this year.With lots to do and fantastic value for money, the farm is a brilliant day out for all ages. The centuries-old farm building is home to a range of friendly farm animals that children can come face to face with.It’s the perfect place for a school trip, party or families to learn and play. There is a large play area for kids and visitors can take a run on a tractor, enjoy the bouncy castles, zip wire, sand pit, waterslide, jumping pillow, indoor bouncy castles or take a leisurely stroll around the dusty trail walk.There is ample space to play safely, wander by the riverside, or just sit back and unwind with a tasty snack from our tearoom or have your own family picnic.To plan your visit, contact: Lurgybrack Open Farm, Cullion Road, Lurgybrack, Letterkenny, Co.DonegalPhone: 074-9122683Mobile: 086-8212012Email: lurgybrackopenfarm@town.ie Lurgybrack Open Farm reopening for a season of family fun! was last modified: April 11th, 2019 by Staff WriterShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window)Tags:eventsfamiliesfamily funLurgybrack Open Farmlast_img read more

The South African government is on Ello

first_imgDeputy minister of communication, Stella Ndabeni-Abrahams and Aslam Levy conducting a Twitter chat.• Social media means more than just business in Africa • Durban developer’s mobile app scores in Nokia competition • #BringBackOurGirls shows the power of social media in Africa • World-class tech hub planned for Joburg • South African women on Forbes Africa tech list Sulaiman PhilipEllo is the coolest party on the internet. Hailed by fans as the anti-Facebook, the creators describe it as a “simple, beautiful, and ad-free social network created by a small group of artists and designers”.If Facebook is the all-access, rowdy, boisterous cheap seats, Ello is the velvet-roped VIP section where the cool kids make themselves heard over the rattle of pearls of artistic wisdom. It is a safe, commercial free space, designed by hipsters for hipsters. It is invite only: you have to be asked to join, or you can send in a request and stand in line (at one point they were getting 50 000 requests an hour). The South African government has an Ello pageAslam Levy, the director of online platforms for the Department of Communications, contends it is hardly unusual, and should not be surprising. “We track usage trends on social media. There has been a surge in the 45 – 55 demographic on Facebook; that’s a group we want to reach. The flipside of course, is teens drop off Facebook. Youth and youth unemployment are issues we are trying to deal with so we need to know where they go. So we have a presence on Ello, on Twitter, on Instagram, and on MXit.”Social media platforms are always organising data about their users; and access to this data makes it easier for governments to do what they need to do. The South African government has embraced digital media because it wants to change the way it talks to its citizens and residents. Once upon a time there was the message, and the government’s need to get that message out. It chose a medium and spread the word. It was a straight line without an opportunity to ask questions or seek clarity.That this approach is changing grew out of a constant complaint from the country’s electorate – elected officials and ministers appear just before the elections, only to disappear again straight afterwards. Levy gives an explanation for this that is simple enough: “Ministers can’t visit every town in the country, but social media allows them to have a conversation with any citizen who wants to take part.”Recently the deputy minister of communication, Stella Ndabeni-Abrahams, conducted a Twitter chat. There were 93 active users but the minister’s responses were seen by half a million people on Twitter. The problemsA driver of this change has been the use of social media by younger members of the cabinet. They regard social media as a link to the public and their profile helps the message filter through the ranks. They understand social media as a platform to bypass traditional media, but its newness does throw up its own problems. Minister Fikile Mbalula is one of the most active Twitter users in the cabinet. He is also well known among Twiteratti for expressing his opinion.“Sports Minister Mbalula is a good example of that. There are conversations that should be private, but even so, it does remind people that ministers are human, with strong opinions. His interactions, actually, reinforce the fact that an interaction on social media is with a real person, and not just another attempt to pass on a message.”Another factor that has eased the acceptance of social media in government circles was the successful adoption of social media by political parties in the run up to the last general election. In the months prior to the elections, the ANC grew its Twitter audience threefold to 103 000 and its Facebook attracted 12 000 new followers and stood at 52 000 on the eve of voting. Larger opposition parties fared just as well on the most popular social media platforms – by January, the DA’s numbers were on Facebook: 51 411 and Twitter: 54 825; and the EFF’s were on Facebook: 63 226 and Twitter: 33 302. The Presidency has 98 000 fans on Facebook, President Zuma almost 5 000, but his page is not as active. The benefitsA huge benefit for the government is the cost-effectiveness of using social media to get out its message in the grand scheme of things. But there are non-financial considerations and benefits as well. These include building relationships with citizens and allowing for real time response to concerns. Being on social media platforms also allows the government to track and deal with frustrations.“What social media does is make for flatter government and removing the hierarchical structure that citizens have been forced to deal with. Social media removes the layers between a citizen and a minister, creating real engagement,” Levy says.Yet there is a downside to using social platforms of which the government is wary, he counsels. “When you are dependent on free social media platforms you don’t own your presence. You don’t own the content you create.”And the government creates a mountain of content. Some it appears in the government issued Vuk’unzenzele newspaper. Printed in all 11 official languages and distributed to 1.7 milllion mostly rural readers, it is a repository of original material. To retain ownership of material like this in the digital media, the government is creating a Vuk’unzenzele app that will launch in the next few weeks.This heralds a new era in the government’s engagement with its citizens. From this comfort with social media has grown its desire to develop apps and other mobile sites to help get its message out. “The biggest concern we have is creating a uniform presence on platforms. How do we allow differentiation without diluting the message? People looking for government information want to know the information we are putting out is credible and authoritative. This is an issue we struggle with every day.”What makes the job easier for Levy and the government is that social media is already integrated into the fabric of South Africa’s noisy democracy. “We may be loud, and angry and proud, but at the end of the day we embrace the joy of living in this democracy,” he points out.last_img read more

Drones in agriculture ready for takeoff with new FAA rules

first_imgShare Facebook Twitter Google + LinkedIn Pinterest The Federal Aviation Administration (FAA) recently finalized the first operational rules for routine commercial use of small, unmanned aircraft systems (UAS) — a long-awaited development by many groups, agriculture included. The first approved commercial UAS flight over land by the FAA was in June of 2014. The landscape of the booming aerial technology has changed dramatically and expediently since.In a press release, FAA held that the new regulations work to harness new innovations safely, to spur job growth, advance critical scientific research and save lives.“We are part of a new era in aviation, and the potential for unmanned aircraft will make it safer and easier to do certain jobs, gather information, and deploy disaster relief,” said Anthony Foxx, U.S. Transportation Secretary. “We look forward to working with the aviation community to support innovation, while maintaining our standards as the safest and most complex airspace in the world.”According to industry estimates, the rule could generate more than $82 billion for the U.S. economy and create more than 100,000 new jobs over the next 10 years. The rule regulates several factors of UAS, better known as drones, for those conducting non-hobbyist operations including the following:UAS must weigh less than 55 pounds (including payload such as cameras), fly no more than 100 miles per hour and stay within 400 feet of the ground.They must remain in sight of the operator, and flights must be during daylight hours.The operator must either hold a remote pilot airman certificate with a small UAS rating or be under the direct supervision of a person who does hold a remote pilot certificate (remote pilot in command).The new regulations also address other operational limits, such as prohibiting flights over unprotected people on the ground that aren’t directly participating in the UAS operation, a parameter similar to those of full-sized crop dusters — airplanes that are considered restricted aircraft.The American Farm Bureau Federation (AFBF) said they would continue working with the FAA to tweak certain restrictions in the rules. Farm Bureau suggested several changes including not requiring drones be operated in the user’s line of sight or not operated directly over people, both suggestions that were not adopted.“Politico” reported R.J. Karney, AFBF’s director of congressional relations, gave the FAA credit for building in flexibility by allowing waivers to those restrictions. He hoped it would help build a case for more fine-tuning of the rules to help the technology take off for farmers and ranchers. Agriculture could make up almost 80% of expected commercial drone use. Drones could map terrain or monitor fields for pest and disease pressure, just to name a few of the expected uses.The FAA is offering a process to waive some restrictions if an operator proves the proposed flight will be conducted safely under a waiver. An online portal will be available to apply for these waivers in the months ahead.“With this new rule, we are taking a careful and deliberate approach that balances the need to deploy this new technology with the FAA’s mission to protect public safety,” said Michael Huerta, FAA Administrator. “But this is just our first step. We’re already working on additional rules that will expand the range of operations.”Under the final rule, the person actually flying a drone must be at least 16 years old and have a remote pilot certificate with a small UAS rating, or be directly supervised by someone with such a certificate. To qualify for a remote pilot certificate, an individual must either pass an initial aeronautical knowledge test at an FAA-approved knowledge-testing center or have an existing non-student Part 61 pilot certificate. If qualifying under the latter provision, a pilot must have completed a flight review in the previous 24 months and must take a UAS online training course provided by the FAA. The TSA will conduct a security background check of all remote pilot applications prior to issuance of a certificate.Operators are responsible for ensuring a drone is safe before flying, but the FAA is not requiring small UAS to comply with current agency airworthiness standards or aircraft certification. Instead, the remote pilot will simply have to perform a preflight visual and operational check of the small UAS to ensure that safety-pertinent systems are functioning property. This includes checking the communications link between the control station and the UAS.Although the new rule does not specifically deal with privacy issues in the use of drones, and the FAA does not regulate how UAS gather data on people or property, the FAA is acting to address privacy considerations in this area. The FAA strongly encourages all UAS pilots to check local and state laws before gathering information through remote sensing technology or photography.Part 107 will not apply to model aircraft. Model aircraft operators must continue to satisfy all the criteria specified in Section 336 of Public Law 112-95 (PDF) (which will now be codified in Part 101), including the stipulation they be operated only for hobby or recreational purposes.Jamie Nafziger is a partner at the international law firm Dorsey & Whitney. She’s been working with businesses on the rules and regulations surrounding drone use.“In a move that will likely accelerate the already booming drone market, the FAA’s new small unmanned aircraft rules significantly ease the burden on businesses which want to make basic commercial uses of UAS,” Nafziger said. “However, the rules still require FAA pre-approval for more extensive commercial uses.  For instance, if someone wants to fly a drone over their farm for use in precision agriculture, these new rules make doing that much easier.  On the other hand, if someone wants to fly over crowds of people or carry significant payloads, they will still need a waiver from the FAA as they have since September 2014. Use of drones to inspect pipelines, aerial power lines, or mines, will also require a waiver unless it can be done in line of sight from the ground or from a moving land vehicle in a sparsely populated area. It doesn’t look like commercial package delivery outside the line of sight will be permitted at this time — the FAA says in its rules that it will not be granting waivers for this type of commercial use.“I’ve had clients ask me if they can hire their nieces or nephews to fly drones for their business and have had to tell them no, unless their niece or nephew is a pilot. Now, under the new rules, I can say ‘yes, so long as their niece or nephew is at least 16 and gets a remote pilot certificate with a small UAS rating (and follows the new UAS rules, of course).  So, we should have lots more eligible operators over the next few months.”last_img read more

No arrest yet in Punjab student’s harassment case

first_imgNearly two months after a woman student of the Central University of Punjab was allegedly sexually harassed, the Bathinda police are yet to arrest the accused in the case.While the local police say it is investigating the matter and the accused would be arrested soon, the victim has now alleged that her family was being intimidated in her native village in Odisha.The victim and other students on the campus have urged the Prime Minister’s Office and the Union Human Resource Development Ministry to intervene in the matter to deliver speedy justice.“A woman posing as an official from the Intelligence Bureau visited my home in Odisha last month and told my parents that I was not attending classes regularly and that instead of focusing on my studies, I was doing politics in the university,” the victim said.“I’ll file a complaint with the local police to find out about the lady who posed as an IB official,” she said.The victim had alleged that she was harassed by the cook in the university mess on February 27 night. An FIR was registered at the Kotfatta police station in Bathinda on March 20 after the victim and the university administration approached the police. Soon after the incident, the cook was dismissed. However, the police are yet to trace him.The students have also been demanding that the Gender Sensitisation Committee against Sexual Harassment should include their representatives. “It’s important that the committee has student representatives so that cases are dealt with urgently. It will add transparency to its working,” said Deb Kumar Barman, a student.Bathinda SSP Navin Singla told The Hindu that the police was making all efforts to nab the accused.“We have been conducting raids at all such locations where the accused could be hiding. We are in touch with his family and have persuaded them to get him to surrender,” Mr. Singla said.On the victim’s family being intimidated, Mr. Singla said: “We have not received any complaint…However, if the victim approaches us, we will investigate.”last_img read more

Ravena comes up clutch anew, NLEX takes 1-0 lead vs Alaska

first_imgTyphoon ‘Tisoy’ threatens Games “The good news is we won this one. The bad news is we have to go through this again and it will be harder on Wednesday.”Guiao, though, did warn his wards against complacency.“This series is not over. Of course we have an advantage, but with Alaska, they’ve been through a lot more difficult situations and they’ve come out of those situations pretty good.”Larry Fonacier drilled 18 markers, built on four treys, including a huge four-point play from the right corner with 2:40 to play that knotted the score at 96 and set up the wild finish. He also got nine boards.Kevin Alas added 17 points, six assists, and five rebounds off the bench, while JR Quiñahan registered a double-double with 12 markers and 10 boards.ADVERTISEMENT John Lloyd Cruz a dashing guest at Vhong Navarro’s wedding Chris Banchero had 20 points and five rebounds, while Abueva wound up with 18 markers, 13 boards, three assists, and two blocks for the Aces.The scores:NLEX 105 — Ravena 25, Fonacier 18, Alas 17, Quiñahan 12, Miranda 10, Baguio 8, Al-Hussaini 4, Soyud 4, Taulava 4, Tiongson 3, Gotladera 0, Mallari 0.ALASKA 99 — Banchero 20, Abueva 18, Enciso 16, Thoss 11, Casio 8, Magat 4, Racal 4, Teng 4, Baclao 1, Cruz 0, Exciminiano 0.Quarters: 24-22, 50-40, 74-72, 105-99. Brace for potentially devastating typhoon approaching PH – NDRRMC Simon Enciso kept the Aces in the game with a triple with 8.8 seconds left, but Ravena iced the deal with a pair of foul shots in the last 7.8 for a 103-99 cushion.Ravena, the second overall pick in the 2017 PBA Rookie Draft, finished with 25 points and eight assists.FEATURED STORIESSPORTSWATCH: Drones light up sky in final leg of SEA Games torch runSPORTSLillard, Anthony lead Blazers over ThunderSPORTSMalditas save PH from shutoutGame 2 is set on Wednesday at Smart Araneta Coliseum with No. 3 Alaska looking to force a deciding Game 3.“I’m just relieved that Game 1 is over,” said NLEX coach Yeng Guiao as the franchise got its first ever playoff victory. View comments Photo by Tristan Tamayo/ INQUIRER.netKiefer Ravena weaved his magic in the endgame anew as NLEX came away with a 105-99 victory over Alaska in Game 1 of their 2018 PBA Philippine Cup quarterfinals series Monday at Mall of Asia Arena.The super rookie first setup Michael Miranda for the go-ahead basket with 22.7 seconds left to give the Road Warriors a 98-96 lead, before converting a layup off a jump ball to make it, 100-96, with 18.8 ticks remaining.ADVERTISEMENT Haruna regaining old form coming off season-ending injury Typhoon Kammuri accelerates, gains strength en route to PH LOOK: Iya Villania meets ‘Jumanji: The Next Level’ cast in Mexico Police teams find crossbows, bows in HK university PLAY LIST 01:29Police teams find crossbows, bows in HK university01:35Panelo suggests discounted SEA Games tickets for students02:49Robredo: True leaders perform well despite having ‘uninspiring’ boss02:42PH underwater hockey team aims to make waves in SEA Games01:44Philippines marks anniversary of massacre with calls for justice01:19Fire erupts in Barangay Tatalon in Quezon City Families in US enclave in north Mexico hold sad Thanksgiving Google honors food scientist, banana ketchup inventor and war hero Maria Orosa Read Next LATEST STORIES MOST READ Don’t miss out on the latest news and information. Pussycat Dolls set for reunion tour after 10-year hiatuslast_img read more

Federer, Nadal, steam into Indian Wells quarterfinals

first_imgKecmanovic is the last teen left in the men’s draw, after the departure of 19-year-old Shapovalov.At the other end of the age spectrum, 40-year-old Croatian Ivo Karlovic’s run came to an end with a 6-4, 6-3 loss to 25-year-old seventh seed Dominic Thiem.Thiem needed less than an hour to subdue the 89th-ranked Karlovic, surrendering just seven points on his own serve and punishing Karlovic’s second serve.Thiem said putting 87 percent of his first serves in play was key in his first meeting with Karlovic.“I felt pretty confident on my own service games. That’s what I transferred also to the return games,” he said. “I made two breaks in the right moment I would say.”Thiem booked a meeting with 18th-seeded Gael Monfils of France, who defeated Philipp Kohlschreiber 6-0, 6-2 in 57 minutes a day after the German stunned world number one Novak Djokovic in the third round.Sports Related Videospowered by AdSparcRead Next Trump campaign, GOP groups attack Google’s new ad policy He next will take on 13th-ranked Russian Karen Khachanov, who beat world number nine John Isner 6-4, 7-6 (7/1).Khachanov produced just one ace to the big-serving American’s 12 but stretched his record over Isner to 4-0.Rafael Nadal, of Spain, celebrates his win over Filip Krajinovic, of Serbia, at the BNP Paribas Open tennis tournament Wednesday, March 13, 2019, in Indian Wells, Calif. (AP Photo/Mark J. Terrill)Fourth-seeded Federer, fresh off his 100th career title, looked poised to finish off Edmund in less than an hour.But the Swiss great had to fight off three break points as he served for the match, just a small speed bump in a match that he took charge of early.“He didn’t have the best start, so that cost him the first set,” Federer said. “Second set, it was definitely better. I think he probably struggled throughout a little bit. He never really got going.ADVERTISEMENT P2.5 B shabu seized in Makati sting, Chinese national nabbed View comments 1 dead, 3 injured in Quezon road crash Private companies step in to help SEA Games hosting Roger Federer, of Switzerland, acknowledges the fans after his win over Kyle Edmund, of Britain, at the BNP Paribas Open tennis tournament Wednesday, March 13, 2019, in Indian Wells, Calif. (AP Photo/Mark J. Terrill)Former champions Roger Federer and Rafael Nadal edged closer to a blockbuster semi-final showdown at the ATP Indian Wells Masters on Wednesday with brisk fourth-round wins.World number two Nadal overpowered Serbian qualifier Filip Krajinovic 6-3, 6-4 to book his quarter-final berth in one hour and 26 minutes.ADVERTISEMENT Urgent reply from Philippine ‍football chief “Conditions are tough with the glare, and the jump of the ball it’s sometimes hard to find the rhythm and timing.”Federer will fight for a semi-final berth against 22-year-old Pole Hubert Hurkacz.Hurkacz, ranked 67th in the world, sent 25th-ranked Canadian Denis Shapovalov packing 7-6 (7/3), 2-6, 6-3.Although he’ll be an overwhelming favorite against Hurkacz, Federer said he wouldn’t take a semi-final meeting with Nadal for granted.“I hope I can get there,” Federer said, “but I’m not going to underestimate Hubert.” Kecmanovic capitalizesA day after world number one Novak Djokovic tumbled out of the third round, 19-year-old Miomir Kecmanovic kept the Serbian flag flying.Kecmanovic became the first lucky loser to reach the last eight at Indian Wells since the ATP’s Masters 1000 series launched in 1990.Kecmanovic, ranked 130th in the world, had taken the first set against Yoshihito Nishioka 6-4 when the 74th-ranked Japanese retired because of injury.Kecmanovic, who gained entry to the second round when fifth-seeded Kevin Anderson withdrew with an elbow injury, is in his first ATP quarter-final. Federer, seeking a record sixth title in the California desert, needed just 64 minutes to get past Britain’s Kyle Edmund 6-1, 6-4.Nadal said his performance on a windy stadium court wasn’t as good as his 6-3, 6-1 third-round win over Argentine Diego Schwartzman.FEATURED STORIESSPORTSPrivate companies step in to help SEA Games hostingSPORTSUrgent reply from Philippine ‍football chiefSPORTSPalace wants Cayetano’s PHISGOC Foundation probed over corruption chargesBut he was more than a match for 113th-ranked Krajinovic, breaking him early in each set and saving the only break point he faced.Nadal, who lifted the Indian Wells trophy in 2007, 2008 and 2013, is in the last eight for the first time in three years after missing last year’s edition, skipping both Indian Wells and the Miami Masters with a hip injury. Filipino athletes get grand send-off ahead of SEA Games PLAY LIST 01:27Filipino athletes get grand send-off ahead of SEA Games00:59Sports venues to be ready in time for SEA Games00:50Trending Articles02:42PH underwater hockey team aims to make waves in SEA Games01:44Philippines marks anniversary of massacre with calls for justice01:19Fire erupts in Barangay Tatalon in Quezon City01:07Trump talks impeachment while meeting NCAA athletes02:49World-class track facilities installed at NCC for SEA Games02:11Trump awards medals to Jon Voight, Alison Krauss MOST READ Hong Kong tunnel reopens, campus siege nears end Don’t miss out on the latest news and information. Jazz boost NBA playoff bid with key win over Suns LATEST STORIES Lacson backs proposal to elect president and vice president in tandem SEA Games hosting troubles anger Dutertelast_img read more

Video: Antonio Callaway’s Electrifying 85-Yard Punt Return TD Gave Florida A 7-2 Lead

first_imgAntonio Callaway runs away from Alabama defenders on his way to the endzone.All week long, the expert opinion contended that in order for Florida to hang with Alabama, the Gators would need to catch some breaks and create points with their defense or special teams. The Gators did just that moments ago when freshman wide receiver Antonio Callaway corralled an Alabama punt and sprinted 85 yards to give the Gators a 7-2 lead.HERE COMES FLORIDA. The Gators with the HUGE TD return in this @BestBuy highlight. https://t.co/r2cEGevtWp— CBS Sports (@CBSSports) December 5, 2015That’s some serious SEC speed.Callaway’s score energized the UF faithful in attendance in Georgia. Can the Gators keep it up and spring a huge upset?last_img

Ottawa studies risk of pathogen transfers to wild sockeye from fish farms

first_imgVICTORIA – New research released by the federal government says there are minimal risks of farmed Atlantic salmon from British Columbia’s Discovery Islands transferring a deadly viral disease to wild sockeye making their way to the Fraser River.The Department of Fisheries and Oceans said Wednesday the findings are the first in a series of investigations to assess the risk of pathogen transfer associated with aquaculture activities to wild fish in the islands, which are near Campbell River on Vancouver Island.The department said management practices on fish health at the B.C. farms, including a vaccine that is 95 per cent effective, minimizes the risk.“This full detailed risk assessment is the first robust analysis that has ever been completed for examining population level effects of fish pathogen transfer from farmed fish to wild fish,” said Jay Parsons, the department’s director of aquaculture.The research was released as part of a science advisory report on Infectious hematopoietic necrosis virus, a disease that affects fish and trout raised in fresh and salt water.Parsons said the department will conduct risk assessments on nine other diseases known to impact farmed salmon.The risk assessments are part of the work it is doing to address recommendations in an October 2012 commission of inquiry report into the decline of sockeye salmon in the Fraser River.Justice Bruce Cohen made recommendations for improving the future sustainability of the fishery including placing a freeze on net-pen salmon farms in the Discovery Islands until September 2020.Cohen also said the Fisheries Department should prohibit farms in the area completely if it concludes the operations pose more than a minimal risk to Fraser River sockeye.The B.C. government announced Wednesday it will review fish processing plants to ensure waste materials from the operations do not affect wild salmon stocks.Jeremy Dunn of the B.C. Salmon Farmers Association said the industry welcomes both government reviews and will co-operate fully.The area around the Broughton Archipelago off northern Vancouver Island has been the site of ongoing protests at Atlantic salmon farms this year by Indigenous people who say they fear the loss of wild salmon populations.last_img read more

North American markets close higher as increased oil prices drive the TSX

first_imgTORONTO – Investors shrugged of ongoing trade risks to send North American markets higher on Thursday, raising the potential for a larger eventual correction, says an investment expert.By not pricing in uncertainties, equity markets are becoming inflated and overvalued as trade issues have so far not hurt corporate earnings, said Kash Pashootan, CEO and chief investment officer at First Avenue Investment Counsel Inc.“What that means is two to three quarters from now, if these trade wars actually hit the bottom line of corporations, they’re going to have a real surprise and selloff because you weren’t pricing it in along the way,” he said in an interview.“If it was a five-per-cent selloff, it’s not out of the question to see that traditional five-per-cent selloff now be a 10 or 15 per-cent selloff because the market does not price it in at all along the way.”He said the market is pricing in perfection even though they are late in nearly a 10-year positive cycle.“A correction this week, next week or next month should not be a surprise to any investors,” Pashootan said.The S&P/TSX composite index closed up 35.34 points to 16,204.62 after hitting a high of 16,262.84 on 223.8 million shares traded.The index was led by the energy sector, which rose 1.77 per cent on the back of higher oil prices.The November crude contract was up 55 cents at US$72.12 per barrel.Also gaining were the information technology, telecom, consumer discretionary and industrials sectors.The healthcare sector led on the downside on the back of large decreases by cannabis stocks.In New York, the Dow Jones industrial average rose 54.65 points to 26,439.93. The S&P 500 index was up 8.03 points to 2,914, while the Nasdaq composite was up 51.60 points to 8,041.97.The Canadian dollar traded at an average of 76.66 cents US compared with an average of 77.07 cents US Wednesday.The decrease in the loonie came a day after the Federal Reserve again raised interest rates and signalled that further hikes are likely. The Canadian dollar was hurt because those increases will come at a faster rate than Canada will be able to adopt because of the country’s high debt, said Pashootan.Uncertainty about NAFTA negotiations is also weighing down the Canadian dollar, he added.“It’s difficult to see a scenario where NAFTA gets settled and Canada negotiates a better deal than the one that’s in place now.”The November natural gas contract was up 7.6 cents at US$3.06 per mmBTU.The December gold contract lost US$11.70 at US$1,187.40 an ounce and the December copper contract was down 4.5 cents at US$2.78 a pound.last_img read more

CRPF commandos to guard Baghdad embassy

first_imgNew Delhi: India has deployed an elite contingent of its commando-trained armed paramilitary personnel to guard its embassy and diplomatic staff in Baghdad in Iraq, a war-ravaged country getting back to normal after defeating ISIS terrorists. About 45 multi-skilled troops, drawn from the country’s largest Central Armed Police Force (CAPF), the CRPF, have taken charge of the embassy complex located in the Al Mansour area of the Iraqi capital, sometime ago. Also Read – Encounter under way in Pulwama, militant killedThe contingent has taken charge in Iraq and the troops celebrated their first Republic Day and hoisted the tricolour in that country on January 26, official sources told PTI. The squad is led by a Deputy Commandant-rank officer of the Central Reserve Police Force (CRPF) and this is the second foreign assignment for the paramilitary as it similarly guards the Indian Embassy in Libya’s capital city of Tripoli for the last few years, they said. India has, on February 4, revised its ‘no travel’ advisory to Iraq and has said that citizens can now travel to the war and insurgency ravaged country as the security situation has “improved”. The advisory, issued by the Ministry of External Affairs in New Delhi, allows Indians to travel to any part of the country for work or business except five provinces of Nineveh (capital Mosul), Salahuddin (capital Tikrit), Diyala (capital Baquba), Anbar (capital Ramadi) and Kirkuk. PTIlast_img read more