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US considers 60-day extension to looming China tariff deadline

By on September 4, 2021

first_img whatsapp US President Donald Trump is mulling a 60- day extension of the 1 March deadline for higher tariffs on Chinese imports, according to reports.Trump is considering an extension to the 1 March deadline for more than doubling tariffs on $200bn (£156bn) of Chinese exports in order to give the two sides more time to come to a deal, Bloomberg reports. whatsapp US considers 60-day extension to looming China tariff deadline More From Our Partners Brave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.org980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.com by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeBetterBe20 Stunning Female AthletesBetterBeNoteableyJulia Robert’s Daughter Turns 16 And Looks Just Like Her MomNoteableybonvoyaged.comTotal Jerks: These Stars Are Horrible People.bonvoyaged.comMisterStoryWoman files for divorce after seeing this photoMisterStoryDaily FunnyFemale Athlete Fails You Can’t Look Away FromDaily FunnyLiver Health1 Bite of This Melts Belly And Arm Fat (Take Before Bed)Liver HealthTotal PastJohn Wick Stuntman Reveals The Truth About Keanu ReevesTotal PastPast Factory4 Sisters Take The Same Picture For 40 Years. Don’t Cry When You See The Last One!Past FactoryPost FunKate & Meghan Are Very Different Mothers, These Photos Prove ItPost Fun Read more: Don’t hold your breath for an easy fix to the US-China trade spatUS tariffs on $200bn worth of Chinese imports are scheduled to jump to 25 percent from 10 percent if the two sides don’t reach a deal by the deadline.On Wednesday Trump said talks between the two sides were going “very well”.Oil prices rose on the hope of a breakthrough with a barrel of Brent crude up 1.19 per cent at $64.37 this morning.The FTSE 100 opened up 17 points this morning at 7,207. Read more: Donald Trump’s trade war with China is following a familiar pathAccording to the report, Chinese representatives had asked for an extension of 90-days, but that was refused.US trade representative Robert Lighthizer and treasury secretary Steven Mnuchin are in China for talks with Chinese vice premier Liu He today and tomorrow.“Looking forward to discussions today,” Mnuchin told reporters as he left his hotel.There also could be a meeting between Lighthizer and Chinese President Xi Jinping this week, which could affect whether or not the US extends the 1 March deadline. Thursday 14 February 2019 8:28 am Tags: Company Donald Trump FTSE 100 Oil prices People Share James Booth last_img read more

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General Election 2015: KPMG chairman Simon Collins wants more focus on business and a long-term housing strategy

By on July 13, 2021

first_img whatsapp Show Comments ▼ Express KCS Share Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May Likezenherald.comMeghan Markle Changed This Major Detail On Archies Birth Certificatezenherald.comUndoPost FunKate & Meghan Are Very Different Mothers, These Photos Prove ItPost FunUndoMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity WeekUndoInvestment GuruRemember Cote De Pablo? Take A Deep Breath Before You See Her NowInvestment GuruUndoEquity MirrorThey Drained Niagara Falls — They Weren’t Prepared For This Sickening DiscoveryEquity MirrorUndoPast Factory4 Sisters Take The Same Picture For 40 Years. Don’t Cry When You See The Last One!Past FactoryUndoTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmUndoLivestlyThe Best Redhead Actresses, RankedLivestlyUndoTotal PastThis Was Found Hiding In An Oil Painting – Take A Closer LookTotal PastUndo General Election 2015: KPMG chairman Simon Collins wants more focus on business and a long-term housing strategy Wednesday 22 April 2015 9:20 pm whatsapp ELECTION COUNTDOWN: 14 DAYS TO GO Every day until the final week of the election campaign, we ask a business leader to say what policies would entice them to vote for a particular party. SIMON COLLINS: CHAIRMAN, KPMG ■ My top ask is for politicians to promote business.  Business creates the wealth, jobs and tax revenues that all parties are anxious to pledge. And while I understand that political hay can be made from being tough on business, there’s a difference between cracking down on irresponsible practices and demonising the engine room of the economy. So please recognise the business world for its innovation, export growth and job creation.  ■ Some specifics; first we need to turbocharge the natural energy of our entrepreneurs and our SMEs, especially the high growth technology sector. KPMG’s recent survey of SMEs found that only 5% have used R&D tax credits which is too low. I would like to see a single access point for all business help initiatives. BIS and UKTI have achieved a lot in recent months and the momentum should be continued. An extension to the 100% tax relief on plant and machinery spending of up to £500,000, which is due to expire at the end of this year, would also be a positive move. ■ Secondly, the struggle for individuals to get on the property ladder is a big headache for business in the capital. The cost of buying a property is putting young people off living and working in London and business cannot afford to shrink the talent pool. The current Government’s help to buy scheme and planning reforms have been a constructive start, but we need more. We need an apolitical, long-term housing strategy to help further unlock public sector land banks, boost small and self-builders and increasing investment in affordable homes. ■ Our clients tell us consistently that infrastructure is a major business concern. Politicians need to create a rapid ‘can do’ approach to infrastructure through bolder planning and investment. The difficulty of a 5 year electoral cycle and the long-term nature of investment makes this difficult but no less important. Business needs politicians with a long term vision. [custom id=”1″]  Tags: General Election 2015last_img read more

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Sports Direct’s put options in Debenhams are starting to expire – but did Mike Ashley’s bet pay off?

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first_img whatsapp Sports Direct’s put options in Debenhams are starting to expire – but did Mike Ashley’s bet pay off? Share Show Comments ▼ Sports Direct’s put options are starting to expire. The question on everyone’s lips is, did Mike Ashley’s bet pay off?The retailer, which first took a punt on the struggling department store in 2014, has gradually increased its stake in Debenhams to 16.6 per cent back via a series of put options. A put gives the owner the right – but not obligation – to sell at a strike price by a determined date to a given party, in this case Goldman Sachs. The device is used to protect against the decline of the price of stock below a specified price.  Read more: What is a put option and how is Mike Ashley using it to bet on Tesco?Ashley made a similar bet on Tesco, buying 23m shares – or 0.28 per cent of Tesco’s issued equity.It appears at least one of those options has expired, leaving Sports Direct’s stake at a lower 14.3 per cent. Over the next month, a further five options are due to expire, which could take Sports Direct’s total holding down to around 10 per cent.Has Ashley’s punt paid off? Well Debenhams’ performance has been underwhelming for the past year although it has improved of late, not least after releasing better-than-expected results. No doubt the punt will be scrutinised by Sports Direct shareholders, who appear to have taken on an investment vehicle, as well as a retailer and brand house. Ashley owns 175.3m voting rights in Debenhams, with 46.4m of those set to expire this year. More From Our Partners Kamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.comInstitutional Investors Turn To Options to Bet Against AMCvaluewalk.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comKiller drone ‘hunted down a human target’ without being told tonypost.comWhite House Again Downplays Fourth Possible Coronvirus Checkvaluewalk.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.org Billy Ehrenberg whatsapp Tags: Company Debenhams Mike Ashley People Sports Direct Intl Thursday 30 April 2015 4:41 amlast_img read more

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Opposition stirring to Kuwaiti law mandating DNA tests for all residents

By on June 23, 2021

first_img Megan Thielking Inside the drive to collect DNA from 1 million veterans and revolutionize medicine @meggophone By Megan Thielking Sept. 29, 2016 Reprints PoliticsOpposition stirring to Kuwaiti law mandating DNA tests for all residents Tags DNAgenetic testingpolicy But Kuwait has strict laws curtailing free speech. Government critics can be swiftly prosecuted or jailed, so opponents of the law have had to tread very carefully.“It would be very hard to see a more robust [outpouring] of popular disapproval,” said Kristine Beckerle, who studies Kuwait for Human Rights Watch.But the silence doesn’t mean Kuwait residents support the creation of a nationwide genetic database — or that they’ll comply with the mandate.Some are worried that information from the database could be used against them. There’s concern it could drum up evidence of infidelity — a crime in the country. There’s also widespread fear it could be used to strip residents of citizenship. Kuwait has strict guidelines on who can claim citizenship in the country.There’s a clear example of what happens to residents in that situation: The Bedoon, a population of more than 110,000 people in Kuwait see themselves as rightful Kuwaiti residents. The government considers most of them “illegal immigrants” because they’re descended from Iraqis or Saudi Arabians. As a result, many Bedoon are unable to get a driver’s license, a passport, or other benefits of citizenship.“Hundreds of thousands of people are afraid to take the DNA tests because they’re afraid fraudulent citizen claims would be unearthed,” Beckerle said.The government is “trying to threaten people who might have come into the country illegally,” said Badr Al Mash’an, a human rights lawyer in Kuwait. The law allows genetic data to be used for any purpose that protects the country and threatens punishment for those who refuse to comply. Stateless Arabs known as the Bedoon march during a protest to demand citizenship. Some Kuwait residents fear they will face challenges to their own citizenship when a new DNA testing mandate goes into effect. Yasser Al-Zayyat/AFP/Getty Images A suit filed in June by a separate human rights lawyer in Kuwait challenges the mandate’s constitutionality on a technicality. Kuwait’s constitution limits punishment to the individual committing a crime, but the genetic testing law would permit the government to jail parents of children who refuse to take the DNA test.“There’s little hope [that the suit will succeed] because the court is under the control of the government,” Al Mash’an said.The rumblings of civilian dissent inside Kuwait come as the law draws outrage from human rights activists abroad. A United Nations committee in July called on Kuwait to amend the law, saying it violated the right to privacy. The panel of 18 experts said mandatory genetic testing should only be carried out with a court order on individuals suspected of having committed serious crimes.That pressure — along with the suspicion that hordes of Kuwait residents might refuse to take the tests — could be making the government reconsider.Dhina said there are signs the government might forgo nationwide testing, instead opting to enforce the law only on individuals applying for new identification or passports.If the mandate moves ahead with its sweeping scope, other Gulf countries that have considered similar mandates might consider following suit, Beckerle said. “If people in Kuwait and the rest of the world aren’t the pushing back against it,” she said, “there’s a sincere danger of establishing a really serious precedent on these issues.”center_img About the Author Reprints News Editor “There are reports of a growing opposition within Kuwaiti civil society against this law,” said Mourad Dhina, the executive director of Alkarama, a human rights organization based in Switzerland that focuses on issues in the Arab world.advertisement Related: A Kuwaiti law requiring all residents to submit to genetic testing has sparked international outcry — and there are signs it’s also drawing a muted civil opposition from locals fearful of its scope.The controversial law, passed in July 2015, mandates that the country’s 1.2 million citizens and another 2.3 million foreigners living in Kuwait submit DNA samples to a new government database. Legislators defend the mandate as a security measure to help the government keep track of criminals and terrorists. Geneticists and human rights groups outside the country call it a gross invasion of privacy.The law has not yet gone into effect and experts say they’ve been unable to pin down a timeline from the government. But as Kuwait begins the shift to electronic passports this month, there’s renewed concern that the testing will start soon, perhaps with DNA tests for anyone seeking one of the new passports.advertisement Consumers aren’t wild about genetic testing — nor are doctors [email protected] Related:last_img read more

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WATCH: Flames rip through boat in the Florida Keys

By on June 21, 2021

first_imgMarine units rescue nine people from Sarasota boat fire April 12, 2021 Florida man arrested for speeding claims he was trying to go back to Cuba May 19, 2021 Advertisement ISLAMORADA, Fla. – A fire tore through a boat in the Hawk Channel off Islamorada Thursday. The US Coast Guard reported two people escaped the flames on their dinghy and were picked up by another boat. AdvertisementRecommended ArticlesBrie Larson Reportedly Replacing Robert Downey Jr. As The Face Of The MCURead more81 commentsGal Gadot Reportedly Being Recast As Wonder Woman For The FlashRead more29 comments Advertisement The pleasure craft became fully engulfed in flames Thursday as crews with the US Coast Guard Station Islamorada worked to extinguish them.The boat was moved to shallower water just outside of Snake Creek. Arson suspected in early morning Caloosahatchee boat fire April 14, 2021 Couple escapes boat before it bursts into flames in Cape Coral canal February 12, 2021 AdvertisementTags: boat fireIslamorada AdvertisementDC Young Fly knocks out heckler (video) – Rolling OutRead more6 comments’Mortal Kombat’ Exceeded Expectations Says WarnerMedia ExecutiveRead more2 commentsDo You Remember Bob’s Big Boy?Read more1 commentsKISS Front Man Paul Stanley Reveals This Is The End Of KISS As A Touring Band, For RealRead more1 comments RELATEDTOPICS Advertisementlast_img read more

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More than 4,000 unaccompanied migrant children in ‘jail-like facilities’

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first_imgNew bill could change the lives of 11 million dreamers in the US February 22, 2021 Advertisement Four men accused of scheming to smuggle migrants from Cuba to Florida Keys March 25, 2021 State of Florida sues Biden administration over ‘dangerous’ immigration policies March 11, 2021 AdvertisementTags: immigration AdvertisementOver the weekend, Homeland Security Secretary Alejandro Mayorkas directed the Federal Emergency Management Agency to help with receiving, sheltering and transferring children.“I am grateful for the exceptional talent and responsiveness of the FEMA team,” Mayorkas said in a statement. “I am incredibly proud of the agents of the Border Patrol, who have been working around the clock in difficult circumstances to take care of children temporarily in our care. Yet, as I have said many times, a Border Patrol facility is no place for a child.”A Homeland Security official previously said the spike in children arriving at the border has drawn a lot of attention and meetings are ongoing “at the highest levels.” AdvertisementDC Young Fly knocks out heckler (video) – Rolling OutRead more6 comments’Mortal Kombat’ Exceeded Expectations Says WarnerMedia ExecutiveRead more2 commentsDo You Remember Bob’s Big Boy?Read more1 commentsKISS Front Man Paul Stanley Reveals This Is The End Of KISS As A Touring Band, For RealRead more1 comments “It’s going to be very difficult to stop this,” the official said.According to the Biden Administration, the president is working to find a balance between promoting a more humane approach to immigration while still sending the message to would-be migrants not to come.The current border crisis is close to doubling the 2019 crisis under the Trump administration, which saw around 2,600 unaccompanied children in Border Patrol custody, a former CBP official said.The-CNN-Wire™ & © 2021 Cable News Network, Inc., a WarnerMedia Company. All rights reserved. RELATEDTOPICS AdvertisementRecommended ArticlesBrie Larson Reportedly Replacing Robert Downey Jr. As The Face Of The MCURead more81 commentsGal Gadot Reportedly Being Recast As Wonder Woman For The FlashRead more29 comments 4 dead, more than 20 hospitalized in suspected smuggling vessel shipwreck near San Diego May 4, 2021 CNN – More than 4,000 unaccompanied migrant children are in Border Patrol custody — yet another increase stressing an unprepared system. Children began pouring over the border after President Biden took office, mostly due to his more relaxed stance on the border. Due to the amount of children pouring into the country, many are being left in jail-like facilities, previously called cages. As of Sunday, there were around 4,200 unaccompanied children in Border Patrol custody.After children are taken into Border Patrol custody, they’re turned over to the Department of Health and Human Services, which is charged with the care of migrant children. But amid the coronavirus pandemic, the department has been strained trying to accommodate the influx since shelters had until recently been operating under limited capacity. Advertisementlast_img read more

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In Pictures: President Trump and Kim Jong-Un parade in Abbeyleix

By on June 20, 2021

first_img Kim Jong-Un and Donald Trump were in Abbeyleix Home News In Pictures: President Trump and Kim Jong-Un parade in Abbeyleix News SEE ALSO – In Pictures: Stradbally turns green for St Patrick’s Day By Alan Hartnett – 17th March 2018 1 of 27 Laois County Council create ‘bigger and better’ disability parking spaces to replace ones occupied for outdoor dining Previous articleIn Pictures: Stradbally turns green for St Patrick’s DayNext articleOur Top Tweets and Facebook Comments of the Week Alan HartnettStradbally native Alan Hartnett is a graduate of Knockbeg College who has worked in the local and national media since 2008. Alan has a BA in Economics, Politics and Law and an MA in Journalism from DCU. His happiest moment was when Jody Dillon scored THAT goal in the Laois senior football final in 2016. In Pictures: President Trump and Kim Jong-Un parade in Abbeyleix Facebook Twitter Pinterest Pinterest Laois County Council team up with top chef for online demonstration on tips for reducing food waste center_img Kim Jong-Un and Donald Trump were in Abbeyleix There was a very political presence at the St Patrick’s Day parade in Abbeyleix this afternoon.Donald Trump and Kim Jong-Un were there and they were arguing over who’s rocket was the biggest!While Abbeyleix golf club were calling for Russian leader Vladimir Putin to appear.The stiff easterly breeze blew directly down the town in Abbeyleix but it didn’t deter the locals who lined up either side of the street.Athletics, GAA, hockey and soccer groups were represented in the parade.A bag piper led the way followed by a group who were dressed in gear from the time of the rebellions.Check out all of the best pictures below: Ten Laois based players named on Leinster rugby U-18 girls squad WhatsApp WhatsApp Facebook Council Rugby Community RELATED ARTICLESMORE FROM AUTHOR Twitter TAGSAbbeyleixSt Patrick’s Day last_img read more

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Laois could go green for St Patrick’s Day

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first_img Facebook Laois could go green for St Patrick’s Day By John Whelan – 5th February 2019 Home News Laois could go green for St Patrick’s Day News TAGSSt Patrick’s Day Pinterest Community RELATED ARTICLESMORE FROM AUTHOR New Arles road opens but disquiet over who was invited to official opening Twitter Facebook WhatsApp Community Previous articleTable quiz in aid of Portlaoise Hospital Special Care baby unit a huge successNext articleKudos for Kieran the consummate Laoisman John WhelanJohn Whelan has been a journalist, commentator, columnist, political analyst, campaigner, politician and publisher ever since he was 17. Having been Editor of the Leinster Express, Offaly Express and the Leinster Leader he has also contributed extensively on a number of issues to all of the country’s flagship titles and programmes including the Irish Press, The Irish Independent, the Star, the Sunday Independent, the Sunday Business Post, The Sunday Times and Prime Time. He is founder of Communicate Ireland a PR, public affairs, event management and media services company.He is the author of the popular camping blog, Vanhalla – Camper Heaven. Council Twitter Charlie Flanagan on Electric Picnic: ‘I’d ask organisers to consult with community leaders’ WhatsApp Pinterest Laois could go green and other counties could be green with envy if Laois County Council embrace a proposal put forward by Cllr Mary Sweeney.The Ballyroan councillor has mooted the idea that Laois should replicate the Tourism Ireland Global Greening initiative and light up cultural and historical sites in Laois for St Patrick’s Day.The suggestion was well received and seconded by the Council Chairman, John King.The global greening venture has proved a huge success for Tourism Ireland in recent years, cashing in on the national holiday as a means of promoting the country worldwide.International landmarks like the Coliseum in Rome, The London Eye and the Sydney Opera House are all illuminated with green floodlights around March 17th.“It would be very good for tourism in the county to light up our heritage sights in a similar fashion,” said Cllr Sweeney. She had in mind the Rock of Dunamaise, Emo Court and the Round Tower at Timahoe.Chairman, John King agreed that it would be a worthwhile way to showcase the county. The meeting also heard that the Council has received an official invitation to the St Patrick’s Day Parade from the Laois Association in New York.Laois will now be represented at the New York Parade by Cllr John King, along with the Council’s Head of Finance, Mr Gerry Murphy. Cllr Padraig Fleming said it was a great honour and that they would have a very busy programme of events to attend.Jesting with the Chairman, in light of it being an election year, Cllr Brenan Phelan said: “Are you getting a one-way ticket? Don’t worry I will suspend my campaign when you’re away and won’t do any canvassing.”Plans for St Patrick’s Day parades across the county are at an advanced stage with a little over a month to go to the big day.The Portlaoise parade which was in some doubt last year before finally going ahead seems to be on a surer footing this year. The voluntary organising committee held a successful table quiz in Kavanagh’s Pub last Thursday which raised €550 and will go towards helping run this year’s much anticipated parade and street festival.Meanwhile, on the subject of putting the county’s heritage and history in a good light, Cllr Pauline Madigan noted the progress on the Fort Quarter project and thought the new mural in the old cemetery was fabulous.SEE ALSO – A day spent inside the walls of the Midlands Prison in Portlaoise Laois secondary school announces scholarship winners for new academic yearlast_img read more

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Massive week of Laois GAA club action as restrictions ease

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first_img Community Twitter RELATED ARTICLESMORE FROM AUTHOR TAGSLaois GAA Fixtures WhatsApp Laois man embarking on novel fundraiser in memory of beloved dad and brother Twitter Breaking Ball: Talking points after a league campaigns that gave us little to shout about Home Sport GAA Massive week of Laois GAA club action as restrictions ease SportGAA Massive week of Laois GAA club action as restrictions ease WhatsApp By LaoisToday Reporter – 8th June 2021 center_img GAA Pinterest Previous articleDeaths in Laois – Tuesday, June 8, 2021Next articleLaois GAA juvenile chairman urges respect for officials and Covid-19 guidelines as games resume LaoisToday Reporter And with the restrictions eased, there is a massive schedule of Laois GAA club games around the county this week.Making up for lost time is one of the immediate priorities with a whole raft of underage and adult championship games from 2020 pencilled in while there is also the start of the adult hurling and football leagues – with Division 1 of the hurling taking place this Sunday, June 13.And, of course, it’s a big weekend of county action with the most important game being the Laois senior footballers clash against Down in Newry on Saturday in the National Football League Division 2 relegation playoff. The Laois ladies footballers have a Division 3 semi-final to look forward to against Roscommon on Sunday – though the time and venue have yet to be confirmed.Up to 100 supporters are allowed to attend these games – with grounds that have a capacity greater than 5,000 allowed to host crowds of up to 200.TUESDAY, JUNE 8All underage games at 6.30pm with first-named team at home unless stated otherwise2020 U-13 ‘A’ Football ChampionshipSt Joseph’s v O’Dempsey’sNa Fianna Og v Stradbally Parish GaelsKilleshin v Portarlington2020 U-13 ‘B’ Football ChampionshipKilcavan-The Rock v Mountmellick2020 U-13 ‘C’ Football ChampionshipCromogue v ClonasleeBallyfin Gaels v CastletownWEDNESDAY, JUNE 9All underage games at 6.30pm with first-named team at home unless stated otherwiseAll adult games at 7.30pm with first-named team at home unless stated otherwiseACFL Division 4 Group AArles-Kilcruise v SpinkACFL Division 4 Group BPortlaoise v The RockEmo v Timahoe2020 U-15 ‘A’ Football ChampionshipPortarlington v St Joseph’sPortlaoise v Stradbally Parish Gaels2020 U-13 ‘B’ Hurling Championship Quarter-finalsMountrath v RosenallisBorris-Kilcotton v Abbeyleix in Kilcotton at 7pmTHURSDAY, JUNE 10All underage games at 6.30pm with first-named team at home unless stated otherwiseAll adult games at 7.30pm with first-named team at home unless stated otherwiseACFL Division 5Group A – The Heath v AnnanoughGroup B – Mountrath v BallyfinGroup C – St Joseph’s v Park-RatheniskaGroup D – Kilcavan v Ballyroan-Abbey2020 U-13 ‘A’ Hurling Championship Quarter-finalsCastletown v Rathdowney-ErrillClough-Ballacolla v Na FiannaFRIDAY, JUNE 11All underage games at 6.30pm with first-named team at home unless stated otherwiseAll adult games at 7.30pm with first-named team at home unless stated otherwise2020 Laois JHC ‘A’ Semi-finalsThe Harps v Castletown in Borris-in-Ossory at 7.30pmPortlaoise v Abbeyleix in Shanahoe at 7.30pmLaois ACHL Division 1BGroup A – Camross v BallyfinGroup B – Clough-Ballacolla v BallinakillLaois ACHL Division 2Group A – Clonaslee v Borris-KilcottonGroup B – Colt-Shanahoe v Trumera2020 U-15 ‘B’ Hurling Championship Semi-finalsPortarlington v Park-Ratheniska/Timahoe in RatheniskaMountrath v Raheen Parish Gaels in ClonadSATURDAY, JUNE 12All underage games at 7pm with first-named team at home unless stated otherwiseAll adult games at 7.30pm with first-named team at home unless stated otherwiseNational Hurling League Division 1BAntrim v Laois in Corrigan Park, Belfast, at 3pmNational Football League Division 2 Relegation PlayoffDown v Laois in Pairc Esler, Newry, at 6.15pm2020 Laois JHC ‘B’ Semi-finalsCamross v Rathdowney-Errill in Mountrath at 7.30pmPortlaoise v The Harps in Colt at 7.30pmACHL Division 2 Group ASlieve Bloom v MountmellickACHL Division 5 Group CColt-Shanahoe v ClonadU-15 ‘A’ Football Championship semi-finals1st v 4th; 2nd v 3rd – venues TBC at 7pmU-15 ‘B’ Football Championship semi-finalsBallyroan-Abbey v Mountmellick GaelsKilleshin v O’Dempsey’s in O’Dempsey’sSUNDAY, JUNE 13All adult games at 7pm with first-named team at home unless stated otherwiseNational Football League Division 3 semi-finalLaois v Roscommon – time and venue TBCNational Football League Division 4 Shield FinalWexford v Sligo in O’Moore Park at 3pm2020 ACHL Division 1BColt-Shanahoe v Mountrath in Shanahoe at 12.30pm2020 ACHL Division 1A Group ACastletown v RosenallisBorris-Kilcotton v Camross in Borris-in-Ossory2020 ACHL Division 1A Group BThe Harps v Clough-BallacollaRathdowney-Errill v Abbeyleix in Errill2020 U-15 ‘A’ Hurling Championship FinalCamross v Clough-Ballacolla in Centre of Excellence at 11.30am2020 U-15 ‘B’ Hurling Championship FinalPortarlington or Park-Ratheniska/Timahoe v Mountrath or Raheen Parish Gaels at 11.30am2020 U-13 ‘A’ Hurling Championship Semi-finalsThe Harps v Castletown or Rathdowney-Errill in Castletown or Rathdowney-Errill at 12noonPortlaoise v Clough-Ballacolla or Na Fianna in Ballacolla or Ballyfin at 12noonMONDAY, JUNE 14All underage games at 6.30pm with first-named team at home unless stated otherwise2020 U-13 ‘A’ Football Championship Round 7Portarlington v Stradbally Parish GaelsNa Fianna Og v PortlaoiseKilleshin v O’Dempsey’s2020 U-13 ‘B’ Football Championship Quarter-finalsPark-Ratheniska/Spink v winner of Mountmellick v Kilcavan-The RockThe Harps v Ballyroan-Abbey2020 U-13 ‘C’ Football Championship Round 5Ballyfin Gaels v CromogueSEE ALSO – County Final Memory: Clonaslee claim senior hurling glory in 1975 Remember the Game Facebook Facebook Pinterest Remember the Game: Legendary Laois hurler inspires Rathdowney-Erill to Division 5 success in 2006last_img read more

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NK set to profit as coal price rises more than $20…

By on June 19, 2021

first_img News RELATED ARTICLESMORE FROM AUTHOR North Korea Market Price Update: June 8, 2021 (Rice and USD Exchange Rate Only) There are signs that North Korea is running into serious difficulties with its corn harvest NK set to profit as coal price rises more than $20 per ton News Facebook Twitter AvatarDaily NKQuestions or comments about this article? Contact us at [email protected] By Daily NK – 2016.10.15 4:36pm NewsEconomy News SHARE Coal mining in North Korea is set to increase as the exportprice for coal to China has risen by more than 20 USD per ton compared toearlier this year. Experts have noted that the North Korean regime will benefitsignificantly through the increased level of coal exports to China, which hadcontracted due to sanctions.A source in South Pyongan Province reported to Daily NK onOctober 12 that domestic mines in North Korea have recently increased coalproduction rates, which were previously reduced due to sanctions. Donju (newlyaffluent middle class) are cashing in on the coal export business, as it is alucrative source of foreign currency.“The price for North Korean coal exported to Chinabegan to fall last year because the Chinese government establishedenvironmental regulations and the sanctions on North Korea only worsened thesituation. So only small quantities were exported, as the price for NorthKorean coal declined to 40 USD per ton, even for high quality material,” the source noted. “But the coal price began to rise a few months ago, andnow coal exported to China brings in 62 USD per ton.”“There are rumors that the coal price will soar to 100 USD per ton,” she added, explaining this may occur if Chinese companiesincrease their level of demand.Coal was one of North Korea’s primary exports before fallingdemand from China, international sanctions, and a general decline in the pricesof raw materials due to the global economic slowdown took effect.North Korean trading companies continued to export coalafter initiating desulfurization techniques (as required by the Chinesegovernment), as well as through smuggling activities. However, the flow offoreign currency had been in decline due to fundamental issues affectingprofitability.Strict quality inspection procedures for imported coal bythe Chinese authorities have reportedly loosened since August as the domesticdemand for North Korean coal increases.Coal prices in China skyrocketed as domestic coal productionslumped due to regulations imposed by the Chinese government to prevent airpollution, as well as overproduction issues and flood damage affecting mines inChina’s northern regions. Therefore, the demand and price for North Korean coalhas subsequently increased as Chinese traders turn to relatively cheapersources of coal.The Chinese government is seeking solutions to stabilize theskyrocketing price of coal, although demand is expected to keep increasing withthe oncoming winter.“Hundreds of 30-ton trucks loaded with coal can be seen every day on theexpressway heading to Port Nampo and Port Songrim, where exports are shipped toChina,” another source in South Pyongan Province told Daily NK.“As coal exports are booming again, state coal minesare actively producing coal by supplying domestically-produced woodenbeams. Prices in the service sector, includingrestaurants around the coal mine area are also rising as donju from across thecountry are capitalizing on the boom.”She asserted that as the circulation of money hasbeen stimulated, the North Korean regime can afford to secure its “leadershipfunds.”But there are also concerns that ordinary residents willhave difficulty with heating as coal exports to China increase. This is becausewhen the regime places a priority on securing governing funds, it significantlyreduces the internal supply of coal in favor of exports.“Many residents need to buy coal in preparation forwinter, but they can’t afford the current prices,” the source added.“There are also rumors within the coal mines that there will be no extrasupplies left for residents as the companies must ensure they can meet thequotas in their export contracts.”However, it is unlikely that the surge in coal price will besustained for an extended period of time, as domestic production in China isalso set to increase with the support of the Chinese government.  Chinese trucks wait to enter Musan Mine. US dollar and Chinese reminbi plummet against North Korean won once againlast_img read more

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