Turkey’s inflation rate eases to 20 per cent in December

first_img Jessica Clark Thursday 3 January 2019 11:01 am Read This NextIf You’re Losing Hair in This Specific Spot, It Might Be a Thyroid IssueVegamourTop 5 Tips If You’re Losing Your EyebrowsVegamour20 Stars Who’ve Posted Nude Selfies, From Lizzo to John Legend (Photos)The WrapWhat Causes Hair Loss? Every Trigger ExplainedVegamour’Drake & Josh’ Star Drake Bell Pleads Guilty to Attempted ChildThe Wrap’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe WrapSmoking and Hair Loss: Are They Connected?VegamourJim Cramer Calls for Billionaire Tax: ‘This Society Has to Start AddressingThe WrapThis Is How Often You Should Cut Your HairVegamour whatsapp Turkey’s inflation rate fell to 20.3 per cent last month following a slow down in the country’s economy.The drop, which is the second fall in two consecutive months, was driven by a slump in price rises for clothing, footwear and transport according to the latest data from the Turkish Statistical Insititute.  whatsapp Tags: Trading Archivecenter_img Share Turkey’s inflation rate eases to 20 per cent in December The inflation rate jumped above 25 per cent in October – the highest level in 15 years – during a crisis over the value of the country’s currency.The lira lost around 40 per cent of its value last year during a row between President Tayyip Erdogan and US President Donald Trump over the imprisonment of an American pastor in Turkey.Turkey’s central bank increased interest rates from 17.75 per cent to 24 per cent in September in a bid to slow inflation despite Erdogan’s opposition to interest rate hikes.The central bank faced pressure from the president who called for lower interest rates ahead of the bank’s vote on the matter.In October, finance minister Berat Albayrak announced plans to cut tax in sectors including automotives, white good and furniture. Albayrak, who is the son-in-law of Erdogan, tweeted: “We are launching a series of VAT and STV reductions in the automotive, white goods, commercial vehicles, furniture and housing sectors.” last_img read more

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Four ways passive investing has altered the markets

first_img And with the lowest annual charges of all collective investment schemes, it is hardly surprising that flows into ETFs keep rising. Recent data from research firm ETFGI found that assets invested in the European ETF industry reached $859bn in March – the highest on record.The London Stock Exchange, which listed its first ETF on the main market in 2000, now has a 40 per cent market share of European trading turnover, and more than 1,100 ETFs listed.But what impact has this trend for passive investing had on the markets?1. Bigger, not betterTraditional index funds fully replicate the market, with the weighting of each stock based on the market cap within the index. Essentially, this means that most of your passive portfolio will be invested in larger companies, with no scrutiny of the price or any other factors.As Jupiter fund manager James Clunie points out: “investors will select assets based on inclusion in an index, rather than evaluating whether or not the share price is appropriate.” Ever since the first exchange-traded fund (ETF) listed in Europe 19 years ago, passive investing has proved hugely popular.ETFs are traded like stocks, and simply track the big indices like the FTSE 100 or the Dow Jones, as opposed to having a fund manager cherry-pick individual companies for you. With index approaches growing strongly in recent years, Clunie warns that an increasing number of market players are trading regardless of price.Some experts think that passive investments are therefore making the markets irrational, potentially creating a momentum effect, which in turn leads to over-inflated asset prices.Read more: Should investors be worried about an ETF bubble?2. Domino effectPassive investing’s simplicity has made the markets more accessible to retail investors, who can now invest in a basket of stocks for a fraction of the cost of actively managed funds.Ben Seager-Scott, head of multi-asset funds at Tilney Group, sees passive investing as a positive development, but warns that these products bring additional market dynamics, particularly because they can add pressure during times of market dislocation. Katherine Denham whatsapp Tags: Asset management Company FTSE 100 Share Tuesday 14 May 2019 9:46 am Generally speaking, this mechanism can prompt swings in prices around the date that indices rebalance.According to LGIM, rebalancing of global equity indices every quarter between February 2015 to May 2018 meant, on aggregate, other investors lost up to 6.5 basis points of performance because prices moved.4. Passive aggressivePassive funds have also altered the wider asset management industry.Seager-Scott says that the growth in the passive market is helping to reform the active market. “The provision of ultra-low cost trackers is helping to bring down the cost of active management, forcing fund managers to really justify their fees in a way that was simply not the case a few years ago.”Essentially, this focus on value will push poor-performing and mediocre active managers out of the market.“Efficient markets require active participants,” he says, suggesting we could see the market concentrate down to a smaller number of exceptional, high conviction fund managers, getting rid of closet trackers. “The rise of passive investing will be a driving force for this.”Passive funds like ETFs will continue to reshape the investment landscape, and this will bring both challenges and opportunities.Seager-Scott concludes: “Investors should ensure that they fully understand the instruments they are using, while market regulators should remain alert to the developing dynamics in the market.” The worry is that when markets go down, investors panic and sell out, causing a domino effect as markets fall further.However, Seager-Scott says: “I reject the idea put forward by some that ETFs are dangerous because ‘amateurs’ could cause market crises and disruption – history has shown that ‘professionals’ in hedge funds and investment banks are more than capable of wrecking the market themselves.”3. Rebalancing actAs more money accumulates in market-cap index funds and ETFs, the weight of these assets has the capacity to influence market behaviour.According to Howie Li, head of ETFs at LGIM, this is increasingly evident when you look at what happens just before the reshuffling of popular indices. He explains that passive fund houses collect data which preempt the announcements about additions and deletions of companies in indices, essentially giving them a head-start when rebalancing their portfolios.“Opportunistic traders can act in advance of the implementation date of the changes,” Li explains. whatsapp Four ways passive investing has altered the markets last_img read more

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Ada Ventures launches £250,000 angel investor programme

first_imgAda’s Angels Ada Ventures launches £250,000 angel investor programme “We’re expecting to ruffle feathers, we’re expecting a lot of people won’t like it and won’t think it’s a good idea. We’re prepared for that”, Warner told City A.M. defiantly. Ada Ventures co-founders Matt Penneycard and Francesca Warner Also Read: Ada Ventures launches £250,000 angel investor programme Ada Ventures co-founders Matt Penneycard and Francesca Warner Also Read: Ada Ventures launches £250,000 angel investor programme Many firms merely pay lip service to diversity initiatives but Ada Ventures seem to be putting their money where their mouth is. Warner told City A.M. that “Ada’s Angels” had been in the pipeline in 2018, before the firm had incorporated the fund. “But everything that has happened with the pandemic and around Black Lives Matter has accelerated the certainty that this needs to exist,” she said. whatsapp Share As part of the programme, the candidates will receive monitoring and also receive free funding for a place in Andy Ayim’s Angel Investing School course.  “Ada’s Angels” will be able to make five investments of £10,000 over the course of the next year. And the final investment will be a joint decision between the angel and Ada Ventures, and angels will receive 100 per cent of the carry on their £50,000.  ●      Arfah Farooq – Arfah is co-founder of Muslamic Makers, a community of Muslim changemakers working in and around the technology scene. She is a diversity & inclusion expert with a focus on building inclusive communities and organisations with collaborative cultures. ●      Nicole Crentsil – Nicole is CEO of Black Girl Fest, a platform dedicated to Black women, girls and non-binary people. The five candidates chosen for the 2020 Ada’s Angels programmes are: Ada Ventures has from the offset committed itself to promoting diversity within the VC ecosystem. In December it launched a £27m with the intention of making UK venture capital “truly accessible to the best talent… regardless of race, gender or background”. “The feedback we get from the people we’re trying to reach is so incredibly positive that that more than counteracts the people with negative feedback”, Warner said. “Due to the profile of most angel investors, this means that companies founded by founders from diverse background being overlooked.” The London-based VC firm, named after the first computer programmer Ada Lovelace, has identified five candidates – “Ada’s Angels” – from its Scout programme.  Ada Ventures co-founders Matt Penneycard and Francesca Warner Ada Ventures co-founders Matt Penneycard and Francesca Warner Also Read: Ada Ventures launches £250,000 angel investor programme ●      David Fisayo – David is a Director at Foundervine, a social enterprise that specialises in digital start-up and scale-up acceleration programs for diverse founders.    center_img Another BBB report published last year in collaboration with Diversity VC, a nonprofit co-founded by Warner, also highlighted the difficulties in obtaining funding if you are not connected to “traditional” networks.  A recent British Business Bank (BBB) report revealed that angel investors in the UK are “predominantly male and White with an average of 55 years old”.   by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeDaily FunnyFemale Athlete Fails You Can’t Look Away FromDaily FunnyJustPerfact USAMan Decides to File for Divorce After Taking a Closer Look at This Photo!   JustPerfact USAPast Factory”Waltons” Actress Says Magazine Ended Her CareerPast FactoryNoteableyJulia Robert’s Daughter Turns 16 And Looks Just Like Her MomNoteableyFinanceChatterViewers Had To Look Away When This Happened On Live TVFinanceChatterMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryDefinitionThe 20 Worst Draft Picks Ever – Ryan Leaf Doesn’t Even Crack The Top 5DefinitionThe Chef PickElisabeth Shue, 57, Sends Fans Wild As She Flaunts Age-Defying FigureThe Chef PickOne-N-Done | 7-Minute Workout7 Minutes a Day To a Flat Stomach By Using This 1 Easy ExerciseOne-N-Done | 7-Minute Workout Angharad Carrick Show Comments ▼ Ada Ventures has launched a £250,000 angel investor programme to create a new generation of investors who may have otherwise been excluded from the industry.  ●      Ash Phillips – Ash is the co-founder of Yena, a global community for startups, which provides accelerator-like business benefits by subscription. ●      Anjel Noorbakhsh Ashman – Anjel is the founder of Iranian Women’s Association, the first and only UK-based association for Iranian women with a mission to inspire, educate and connect those women. Tuesday 13 October 2020 12:01 am Co-founder Check Warner told City A.M. that this new initiative was an evolution of the firm’s Scout programme –  a network of individuals Ada Ventures uses to identify talent across the country.  ‘We expect to ruffle feathers’ whatsapp “It’s hard to break into the old closed networks, especially in the earliest stages. That’s why we’ve decided to set up Ada’s Angels” she said. And Warner in particular is not afraid to disrupt an industry that is overwhelmingly white, male and set in their ways. A lack of diversity among angel investors undoubtedly leads to biases in the investment decision-making process. Tags: diversity venture capital Warner said angel investing has “high barriers to entry” given the need to have a huge amount of capital and make regular, fairly risky investments into young companies.  Angel investors are overwhelmingly white and malelast_img read more

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AK: There and back again, one man’s journey from China to Alaska

first_imgAlaska’s Energy DeskAK: There and back again, one man’s journey from China to AlaskaJuly 20, 2018 by Rashah McChesney, Alaska’s Energy Desk – Juneau Share:John Tichotsky, economist, and Yingdi Wang, Alaska trade representative to China, on a walk through town on May 29, 2018, in Shanghai, China. Both accompanied Alaska Gov. Bill Walker on a trade mission to the country. (Photo by Rashah McChesney/Alaska’s Energy Desk)Alaska’s does $1 billion dollars worth of trade with China every year — it’s the state’s largest trading partner.  But, it took a lot of work to break into that market.  One man, Yingdi Wang, has been at it for decades.Audio Playerhttps://media.ktoo.org/2018/07/AK-China.mp300:0000:0000:00Use Up/Down Arrow keys to increase or decrease volume.When Alaska Gov. Bill Walker decided to take 50 people on a trade mission to China — the logistics were complicated. But, when the bulk of the delegation landed at the airport in Beijing on the first day, Yingdi Wang was waiting there.Wang is a small, impeccably dressed man. And he is really good at logistics. He’s a natural-born fixer. On this trip, that means a steady-stream of rapid Mandarin to the bus driver, to staff at the airport and hotels, answering questions, solving problems, even Tracking down a tailor so half the delegation can get new suits. He’s up with the group first thing in the morning, and out late. On these long bus trips he usually puts his sunglasses on, crosses his arms and takes a nap.  During a bus trip in Shanghai, with about a dozen people who are interested in selling what Alaska has to offer into China — Wang sits in the front seat, watching the horizon. He’s thinking about how much the city has changed since the first time he visited in 1991.“Well, there was no highway. There was no high-rises … like, this road we’re on? It’s just a big, big, big change,” he said.From that seat, nearly 30 skyscrapers are in view.“Hundreds, hundreds you know,” he said.It’s a sea of people.Wang was born in 1954 in Beijing, about 10 minutes from Tiananmen Square. Crowds of people walk around Tiananmen Square at night on Thursday, May 24, 2018, in Beijing, China. (Photo by Rashah McChesney/Alaska’s Energy Desk)“That was my childhood. I grew up there,” he said. “Oh, you know summertime we just went to Tiananmen Square, we slept in the square there, you know.”It was a chaotic time. The cultural revolution started in 1966.  China’s communist leader, Mao Zedong,  shut down the nation’s schools for a time.  Wang says, his education just kind of stalled.“We just doing the revolution, you know? Even [when] we go to school, we don’t study, you know, we just play,” he said. “Teacher afraid to teach; student just doesn’t want to study.”When he was 16, Wang was sent to a work camp. He worked as a welder, a boiler-maker and in a big chemical factory outside of Beijing for about 15 years. By the early 1980s, he was 30 years old and he wanted more.  He wanted to finish college. But, he said he wasn’t allowed to do that in China. “Well at that time in China — my age — cannot go to college you know.  I’m 30 years old.” he said.  “It’s just, the system not allow me to go to university to study.”So, he decided to come to America.  But, it took awhile.  A close friend, John Sturgeon (yes, that John Sturgeon), said that process was not easy.“And I can’t remember the exact number of times but he told me, I think over a hundred times [he] went to the American embassy and applied for a visa. And they were extremely hard to get in those days because they figure people come over here and they wouldn’t leave. And think like a hundred and twentieth time,  he told me that he went up and put his visa application down. He said the guy looked at him, he said ‘son, you’re going to keep on coming aren’t you?’ And he says ‘yes.’ and he says ‘OK, approved,’” Sturgeon said. ” And that’s how he came to America.”Wang ended up in Alaska. Sturgeon said he met Wang for the first time in Anchorage. “I had a friend that I was working with called up and said he had some college student that was looking to make some extra money if I needed him my lawn cut,” Sturgeon said. “I says,’yeah.’ I really didn’t. But I was trying to do him a favor and so I said ‘OK.’ So, that person turned out to be Yingdi.”Sturgeon said he liked Wang immediately. “‘He’s real personable. He’s really outgoing and kind of always got a smile on his face,” Sturgeon said. “But he was, you know, trying to work his way through college.  He got a scholarship that wasn’t enough to pay for everything, so he had taken kind of odd jobs wherever he could get them to live on.”Before long, they were working together.  First, in the timber industry at Koncor Forest Products, a company set up by four Alaska Native corporations. Wang’s first job was scanning log tags by hand before they were shipped off; sometimes that meant 20,000 tags per ship.“Yingdi would come in after hours and scan those tags ’til, you know, late in the evening and sometimes early in the morning,” Sturgeon said.He said he watched Wang blossom from a new immigrant with terrible English skills into a savvy business person pretty quickly. With Wang’s help, Koncor Forest Products opened one of the first headquarters in China for an Alaska company. Wang ran the company’s bureau from his apartment in Beijing. Sturgeon and Wang don’t work at Koncor together anymore, but they’ve started their own businesses together since then.  In a country that values reputation, Sturgeon said Wang has built a good one. “Still to this day we don’t have to put down deposits to the factories when we buy something because they trusted Yingdi,” Sturgeon said.About 15 years ago, Wang took those private-sector skills into the public sector and started working for the state.  When someone from the Governor’s office or the Department of Commerce wants to do business in China, they call Wang.  “So, he is the ultimate fix it man for the state of Alaska,” said Alaska Gasline Development Corporation economic adviser John Tichotsky.John Tichotsky and Yingdi Wang flip through photos during a port tour on May 29, 2018, in China. (Photo by Rashah McChesney/Alaska’s Energy Desk)He said Wang is completely at ease negotiating with high-level government officials, then chatting casually with cab-drivers or negotiating in a market. “He’s like a genie in the bottle. You get to tell them your wish, and everything from a suit to a meeting with a minister … he could probably pull it off,” Tichotsky said.And, he knows Alaska. Tichotsky said Wang has a talent for stepping in at these crucial points in meetings to make sure everyone is on the same page.“There are some real cultural specificities and Yingdi’s just good at pointing out to people what they should do — how they should react — without being condescending or making you feel like you’re awkward,” Tichotsky said. But, that’s all changing now.  Back on that bus in Shanghai, Wang said he’s getting close to retirement age.  He’s 64. This summer, he’s leaving behind that apartment in Beijing and settling in the U.S. for good.  Share this story:last_img read more

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Ketchikan asks state to mandate quarantine for all travelers, from Alaska and Outside

first_imgCoronavirus | SoutheastKetchikan asks state to mandate quarantine for all travelers, from Alaska and OutsideAugust 12, 2020 by Eric Stone, KRBD – Ketchikan Share:A sign directs traffic to COVID-19 drive-up testing in downtown Ketchikan. The city’s elected body voted Thursday to ask Gov. Mike Dunleavy to require all travelers, both in-state and out-of-state, to quarantine for two weeks. (KRBD staff photo by Maria Dudzak).The Ketchikan’s City Council narrowly passed a resolution Thursday asking the governor to mandate a two-week quarantine for all travelers, both in-state and out-of-state.Supporters say they were inspired by successes abroad.Council member Sam Bergeron brought the proposal forward. He said Ketchikan has done a good job flattening the curve, but it wasn’t enough.“I think it’s absolutely necessary that we kick the curve in the teeth and we eliminate the curve and we get our life back,” Bergeron said. “I want the Blueberry Arts Festival. I want the Wearable Art Show.”Bergeron also wants students in classrooms as much as possible, with in-person school resuming five days a week next month. He said one way to make that happen is to eliminate the virus from the First City. Test everyone that gets off a plane or a boat. Beef up quarantines for people entering the island community.“You know, I’ve been talking about this concept at this table for a long time — Alaska, Ketchikan, we are geographically perfectly situated to pull this off,” Bergeron said.His resolution points to what proponents see as a success story in the pandemic: the state of Western Australia. There are parallels to Alaska. Both are vast, sparsely populated states that are isolated from the rest of their country’s population centers.In Western Australia, travelers arrive in the hub community of Perth and quarantine for 14 days with two rounds of COVID-19 testing. Only then can they continue on to smaller communities — not unlike what many rural Alaska villages require. Experts credit the so-called “hard border” with nixing local spread of the disease.And those strict travel rules have allowed authorities to ease many restrictions — even allowing some 22,000 people to pack a football stadium a few weeks ago.Ketchikan and other Southeast communities, though, are not allowed to write their own rules for travelers. That’s because of a state health mandate. Mandate 18 says communities on the road and ferry systems can’t restrict in-state travel.So Ketchikan’s request is addressed to the state, which can restrict travel. And it asks for a travel policy “based on what has been successful in Western Australia.”Ketchikan’s top pandemic response official, Abner Hoage, said he supports a two-week quarantine for all travelers coming to Ketchikan, but he cautioned against using Western Australia as a model.“I just think as a council, you should be aware of what you might be asking for,” he said. “Because you may get what you asked for.”Western Australia’s border is closed. That means you have to apply for a permit to enter. And not everyone qualifies. Most people who do get permission must then quarantine for two weeks in Perth — it’s the sole port of entry for air travelers.Mayor Bob Sivertsen said those aren’t things he’d like to see in Alaska.“I wouldn’t want a single port of entry. I wouldn’t want permission to come here. I wouldn’t want things that Australia does that I probably wouldn’t do,” Sivertsen said.Others noted that reinstituting a two-week quarantine would make even responsible tourism impossible.Some council members said the stricter travel rules are unnecessary — Ketchikan just isn’t seeing that many coronavirus cases. A risk analysis tool put out by Ketchikan’s emergency operations center says the area isn’t on the edge of an uncontrolled outbreak. In fact, it’s at low risk.“To me, we’re, we’re panicking,” said Council Member Judy Zenge “And we have no way — even if we move forward with this, how are we going to enforce this?”That was a common question, and the state generally hasn’t enforced its health mandates with fines or jail time. But supporters didn’t see enforcement as a particularly pressing issue.Even a weak mandate would be better than going without quarantines, argued Council Member Emily Chapel.“Just by enacting something, it encourages compliance,” she said. “And so we’ve seen that with those little — I’ve mentioned this before — those little speedometer things. Just by having that blinking thing that tells you that you’re supposed to slow down, people slow down.”The council ultimately voted 4-3 to forward the request for stricter travel restrictions to the governor’s office. Bergeron and Chapel were joined by Council Members Dave Kiffer and Janalee Gage in support.A spokesperson for the governor’s office said in an email Friday that he’s not aware of any forthcoming changes to the state’s travel protocols.Share this story:last_img read more

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Two Policemen Certified as Forensic Crime Scene Investigators

first_imgTwo Policemen Certified as Forensic Crime Scene Investigators National SecurityMarch 18, 2009 FacebookTwitterWhatsAppEmail Two Jamaican policemen created history today (March 18) when they became the first two crime-fighters from the region to be accredited by the United States based-International Crime Scene Investigators Association.They are Forensic Crime Scene Investigators, Detective Inspectors Cecil J. Clarke and Lloyd L. Crawford.Executive Director of the International Crime Scene Investigators Association, Hayden Baldwin, in presenting the certificates to the policemen at a ceremony held at the Major Investigation Task Force (MIT) headquarters downtown Kingston, informed that they had successfully met all the requirements to be certified.By Mr. Baldwin’s own assertion, the path to becoming accredited was not an easy one. In achieving this historic feat, Detective Inspectors Clarke and Crawford have, apart from meeting some basic requirements, successfully completed at least 50 hours of crime scene processing; passed a comprehensive written examination of 100 questions, and a written test of a mock burglary, among other things.Head of the MIT, under which the Forensic Investigative Unit falls, Assistant Commissioner of Police Les Green, seized the occasion to applaud the two accredited policemen.ACP Green revealed that 56 additional investigators have been trained and mentored in the field and were well on their way to becoming accredited by the renowned international organisation. He disclosed that the Jamaica Constabulary Force was working towards having 300 accredited Forensic Crime Scene Investigators in the shortest possible time.According to the senior policeman, “when we conduct forensic examination, it doesn’t just take place in a matter of minutes. It can take hours if not days to complete properly,” he said, noting that examination of crime scenes was becoming longer and more detailed.ACP Green disclosed that the skills honed in this highly specialised area, had enabled investigators to churn out a higher number of forensic evidence in the courts, since the unit was established in 2006. “We have increased the forensic evidence that have been found as a result of a very thorough investigation, not only by the investigators in the Corporate Area, but the rural areas as well,” he informed.He revealed that the MIT has established a mentorship programme to train new scene of crime officers, to expose them to additional experience and knowledge in relation to forensic awareness, and enhance their ability to search, find and retrieve forensic evidence.In the meantime, he told JIS News that there was increased appreciation for the preservation of crime scenes, not only by crime scene investigators, but by residents in affected communities as well.“What I find is that we have some problems with crime scene preservation but that’s not necessarily from the public, and we are continuing to improve on how we preserve the crime scenes,” ACP Green said.The International Crime Scene Investigators Association, which is headquartered in Illonois, seeks, among other things, to encourage the exchange of information useful in crime-scene related matters.It also aims to improve on the level of expertise in the field by providing timely answers through membership participation and to provide members with articles on crime scene-related matters that will improve their skills. RelatedTwo Policemen Certified as Forensic Crime Scene Investigators RelatedTwo Policemen Certified as Forensic Crime Scene Investigatorscenter_img RelatedTwo Policemen Certified as Forensic Crime Scene Investigators Advertisementslast_img read more

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Machine learning helps to map invasive gamba grass from space

first_imgMachine learning helps to map invasive gamba grass from space Researchers from CSIRO, Charles Darwin University and The University of Western Australia have developed a machine-learning approach that reliably detects invasive gamba grass from high-resolution satellite imagery.Gamba grass, originally from Africa, is listed as a Weed of National Significance, and is one of five introduced grass species that pose extensive and significant threats to Australia’s biodiversity.The perennial grass can grow to four metres in height and forms dense tussocks which can burn as large, hot fires late in the dry season.Mapping where gamba grass occurs is essential to managing it effectively, but northern Australia is so vast and remote that on-the-ground mapping and even airborne detection of the weed is too labour-intensive.So, the researchers turned to high-quality satellite imagery and developed a technique that could help detect and prioritise gamba grass for management.Dr Shaun Levick from Australia’s national science agency, CSIRO, said that the research team used field data to ‘train’ a machine-learning model to detect gamba grass from high-resolution, multispectral satellite imagery.“Under optimum conditions, our method can detect gamba grass presence with about 90 per cent accuracy,” Dr Levick said.The researchers commissioned the WorldView-3 satellite to capture very high-resolution imagery across 16 spectral bands for an area of 205 square kilometres near Batchelor in the Northern Territory – an area of dense gamba grass infestation.The wide range of spectral data allowed them to use factors unseen to the human eye, such as leaf moisture levels and chlorophyll content, to differentiate between gamba grass and native grass species.Dr Natalie Rossiter-Rachor, of Charles Darwin University, said that the project drew on extensive on-ground research into the life cycle of gamba grass to help achieve such accurate detection rates.“We knew that gamba grass tends to stay green longer into the dry season than native grasses, so we timed the capture of the satellite imagery for this period,” Dr Rossiter-Rachor said.“Understanding the ecology of the problem was essential to informing the remote sensing and machine-learning solution to the problem.”The project, funded by the Australian Government’s National Environmental Science Program under the Northern Australia Environmental Resources Hub, is part of a larger effort to detect and map gamba grass throughout the north.“Our longer-term goal is to move to a system where we can use free, open-access imagery to map gamba grass. We want to develop a technique that is accessible to anyone and that can help improve land management in northern Australia,” Dr Levick said.Associate Professor Samantha Setterfield from The University of Western Australia said that accurate maps of where gamba grass occurs are essential to control the spread of the weed.“Mapping gamba grass using satellite imagery unlocks the potential to frequently map large areas so we can get a better picture of where gamba grass is across northern Australia, and how quickly it is spreading,” Dr Setterfield said.“Managers can then target areas that are the highest priority for control, such as biodiversity-rich areas or culturally important sites.”Read the paper Leveraging High-Resolution Satellite Imagery and Gradient Boosting for Invasive Weed Mapping .For more information see Fire and weeds in the Top End /Public Release. This material comes from the originating organization and may be of a point-in-time nature, edited for clarity, style and length. View in full here. Why?Well, unlike many news organisations, we have no sponsors, no corporate or ideological interests. We don’t put up a paywall – we believe in free access to information of public interest. Media ownership in Australia is one of the most concentrated in the world (Learn more). Since the trend of consolidation is and has historically been upward, fewer and fewer individuals or organizations control increasing shares of the mass media in our country. According to independent assessment, about 98% of the media sector is held by three conglomerates. This tendency is not only totally unacceptable, but also to a degree frightening). Learn more hereWe endeavour to provide the community with real-time access to true unfiltered news firsthand from primary sources. It is a bumpy road with all sorties of difficulties. We can only achieve this goal together. Our website is open to any citizen journalists and organizations who want to contribute, publish high-quality insights or send media releases to improve public access to impartial information. You and we have the right to know, learn, read, hear what and how we deem appropriate.Your support is greatly appreciated. All donations are kept completely private and confidential.Thank you in advance!Tags:Australia, Australian, Australian Government, Charles Darwin University, CSIRO, detection, Government, machine learning, Northern Territory, Professor, research, resources, satellite, technique, university, University of Western Australia, Western Australialast_img read more

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Helping Businesses Lower Bills And Reduce Emissions

first_imgHelping Businesses Lower Bills And Reduce Emissions VIC PremierThe Andrews Labor Government has launched a new grants fund to support Victoria’s large energy users to transform the way they use energy, lowering costs and reducing emissions.As a part of the Victorian Budget’s 2020/21 $1.6 billion clean energy investment, the $31 million Business Recovery Energy Efficiency Fund will help Victorian businesses fast-track investments that create more efficient production lines and improve their competitiveness.This new fund will lower operating costs for businesses while creating jobs and reducing emissions as part of Victoria’s clean energy transition. The grants are open to medium and large energy using industrial and commercial businesses.Applications for the fund are now open, with two types of grants available – Capital Works and Energy Demand Management. Phase 1 applications for the grants close on 31 December 2020, and phase 2 applications close on 31 January 2021.Capital Works grants will assist Victoria’s largest energy users to install energy saving equipment and encourage investment in projects that create jobs and support key supply chains.Projects which may be funded include the installation of energy efficient equipment, replacing emissions-intensive equipment with low-emissions alternatives, including switching from natural gas to biogas or electric alternatives, and the purchase of communications and monitoring technology to reduce energy use at a site.Energy Demand Management grants are also available to businesses to support the installation of energy management systems, energy assessments and implementation of demand management solutions.This includes funding for technology needed to enable demand response, including communications and control technology, professional advice to support uptake, feasibility studies and energy audits.For more information and to apply, visit victorianenergysaver.vic.gov.au/energy-advice-for-business/business-recovery-energy-efficiency-fundAs stated by Minister for Energy, Environment and Climate Change Lily D’Ambrosio“This fund will help large energy users to bounce back from the pandemic while lowering their energy costs, reducing emissions and creating more jobs for Victorians.”“These grants are another example of how the Labor Government is helping businesses upgrade their energy systems, ensuring everyone can benefit from our transition to cheaper, cleaner energy.” “This budget has delivered energy efficiency measures for every Victorian – from vulnerable households to big businesses – all while delivering a fairer energy sector that is kinder to our environment.” /Public Release. This material comes from the originating organization and may be of a point-in-time nature, edited for clarity, style and length. View in full here. Why?Well, unlike many news organisations, we have no sponsors, no corporate or ideological interests. We don’t put up a paywall – we believe in free access to information of public interest. Media ownership in Australia is one of the most concentrated in the world (Learn more). Since the trend of consolidation is and has historically been upward, fewer and fewer individuals or organizations control increasing shares of the mass media in our country. According to independent assessment, about 98% of the media sector is held by three conglomerates. This tendency is not only totally unacceptable, but also to a degree frightening). Learn more hereWe endeavour to provide the community with real-time access to true unfiltered news firsthand from primary sources. It is a bumpy road with all sorties of difficulties. We can only achieve this goal together. Our website is open to any citizen journalists and organizations who want to contribute, publish high-quality insights or send media releases to improve public access to impartial information. You and we have the right to know, learn, read, hear what and how we deem appropriate.Your support is greatly appreciated. All donations are kept completely private and confidential.Thank you in advance!Tags:AusPol, Australia, business, clean energy, climate change, communications, efficiency, Electric, energy efficiency, environment, Government, Investment, Minister, natural gas, production, purchase, technology, Victorialast_img read more

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How loyal are truck buyers?

first_img We encourage all readers to share their views on our articles using Facebook commenting Visit our FAQ page for more information. advertisement See More Videos The Rolls-Royce Boat Tail may be the most expensive new car ever Trending Videos How about it readers? Do you have an affinity for one particular brand? Or do you prefer to mix it up each time a new ride lands in your driveway? Sound off in the comments below. PlayThe Rolls-Royce Boat Tail may be the most expensive new car everPlay3 common new car problems (and how to prevent them) | Maintenance Advice | Driving.caPlayFinal 5 Minivan Contenders | Driving.caPlay2021 Volvo XC90 Recharge | Ministry of Interior Affairs | Driving.caPlayThe 2022 Ford F-150 Lightning is a new take on Canada’s fave truck | Driving.caPlayBuying a used Toyota Tundra? Check these 5 things first | Used Truck Advice | Driving.caPlayCanada’s most efficient trucks in 2021 | Driving.caPlay3 ways to make night driving safer and more comfortable | Advice | Driving.caPlayDriving into the Future: Sustainability and Innovation in tomorrow’s cars | Driving.ca virtual panelPlayThese spy shots get us an early glimpse of some future models | Driving.ca First Look: 2022 Lexus NX The sport-cute’s looks have been softened, but its powertrains and infotainment offerings have been sharpened Trending in Canada While most research outlets and manufacturers are happy to talk about loyalty habits in general terms, specific numbers seem to remain a closely guarded secret. This makes a lick of sense, given the cutthroat sales atmosphere of this particular segment. After all, stealing a convert to one’s own brand is as good as hooking two brand new customers in terms of relative sales.“Yes, large pickup is the top segment for loyalty to nameplate, followed by large van and midsize pickup,” said Tyson Jominy, vice president of data & analytics at J.D. Power. This is good news for the gotta-have-the-same-truck conspiracy theorists but is also revealing about the impact of commercial customers on these statistics. Large vans, and more than a few large pickups, are often bought by large companies for work. Corporate purchasing departments generally don’t like switching vendors, as new supply chains can sometime bring unforeseen issues and unexpected expenses.Perhaps, then, there’s an argument to be made that a portion of pickup truck loyalty is driven by this type of enterprise-level behaviour, instead of regular customers like you and I.As for individual automakers, GM said they were not able to externally share their data about customer truck loyalty. All the same, it’s no trouble to find ample evidence of a fan base. Chevrolet has created the Truck Legends program, a community for bowtie owners with more than 160,000 km on the odometers of their pickup trucks or have owned more than one Chevy truck in their lifetime. This is in addition to a myriad of active social media accounts created by private individuals celebrating the loyalty of GM pickups.Dearborn was a bit more verbose, saying “At Ford we have a deep respect and admiration for our loyal truck owners both for what they do and who they are,” said Peter Jansen, Director of Vehicle Line Management at Ford of Canada in an email conversation. “As a result, the customer is at the centre of everything we do.” Despite the lack of specific numbers, Ford isn’t shy about promoting loyalty, creating a series of ads on the subject that regularly pop up on YouTube.Ram’s numbers are slightly easier to parse, given the vast majority of their products are pickup trucks (can’t forget about the hideous Ram Promaster vans, of course). According the J.D. Power & Associates study of U.S. market brand loyalty, Ram enjoyed a healthy 57.3% retention rate, good enough for 4th overall and just 1.5% behind Honda, a brand which is usually held up as a shining beacon of loyalty.This is the only brand for which we can make such predictions, thanks to the product mix at other marques. GMC, for example, had a 39% loyalty rate according to J.D. Power but just slightly over half (52.9%) of their sales in that market so far this year were pickup trucks. A disproportionate percentage of defections may have come from SUVs.Most manufacturers seem to reward loyalty in some way or another, by offering purchase or lease bonuses on new vehicles or other tempting incentives. Ford introduced their FordPass app which, when paired with a Blue Oval rig, permits a level of vehicle customization that surely imprints on a customer’s psyche when it’s time to shop for new wheels. COMMENTSSHARE YOUR THOUGHTS It’ll surprise absolutely no one who’s ever talked about pickup trucks around a rural Canadian supper table or at the bar in a backwoods tavern that truck owners tend to be a loyal bunch. The bowtie brigade will disrespect the Ford fans without mercy, and vice versa. Ram runners are quick to enter the fray, along with Toyota traditionalists shouting about why their pickup conquers all. Everyone ignores the Nissan owner in the corner.Last month, we learned the brands of Subaru and Toyota were ranked highest in their ability to recapture customers, according to a then-new study by the nerds at J.D. Power and Associates. With retention rates of 60.5% and 60.3% respectively, those brands have a solid chance of current owners re-upping for a new ride when their current one feels a bit tired. But what about trucks? Subaru doesn’t have any, while Toyota is content to play on the fringes in terms of volume when it comes to full-size pickups (its Tacoma mid-sizer remains a solid seller, of course).Anecdotally, we’ve heard plenty of stories about truck buyers sticking with a brand, sometimes literally for life. Your author can give a trio of examples from his immediate family whose driveways will always contain a Chevrolet Silverado, even if their interiors are behind the curve compared to their immediate competition.  My own grandfather purchased GMC pickups from Hickman Motors in Gander, Newfoundland for the better part of 40 years until health matters forced him into a sedan. ‹ Previous Next › RELATED TAGS1500ChevroletF-150FordFrontierGladiatorGMCJeepNissanRamRangerSierraSilveradoTacomaTitanToyotaTundraPickup TruckNon-LuxuryNewsChevroletFordGMCloyaltyRamTrucks Created with Raphaël 2.1.2Created with Raphaël 2.1.2 The 2020 Ford Super Duty with Warn winch  Handout / Ford last_img read more

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Incumbents ready for life after council

first_imgHomeNewsElectionsIncumbents ready for life after council Nov. 12, 2020 at 6:00 amElectionsFeaturedNewsPoliticsIncumbents ready for life after councilBrennon Dixson7 months agoincumbentsIncumbentsIncumbentsNewsPhoto by Ross Furukawa Santa Monica will have three new City Councilmembers this December when the results of the recent election are certified. And while winners like Christine Parra celebrate, outgoing representatives wished to thank the community one last time before they head out to service the community as civilians.“Ballots are still being counted, but it appears our campaign fell narrowly short,” current councilmember Terry O’Day said in an email this week.Phil Brock leads the pack while Gleam Davis and Parra are battling it out for second. Oscar de la Torre has secured the fourth seat. Councilmembers Ted Winterer and Ana Maria Jara find themselves in fifth and sixth with 15,764 and 14,947 votes.O’Day said Biden’s win at the top of the ticket is a salve for the nation, “and these local results… Each elected candidate will need and deserve our support as the city navigates this winter’s Covid peak, the economic fallout from Covid, the state housing crisis and Santa Monica’s appropriate role, the selection of a new police chief and its implications, and more,” he added.Ted Winterer had similar feelings as he discussed how proud he is of the many accomplishments that occurred throughout his tenure, “including rental assistance to keep our lowest income seniors housed; increased funding for our public schools.. and much more.”Winterer said, “I am grateful the voters of Santa Monica granted me the honor and privilege of serving our community for eight years.”Jara could not be reached for comment this week, but O’Day shared he plans to continue to serve the community through In-Charge Energy, a fleet electrification company he co-founded. “I will also continue to engage in our local community,” he said, “albeit in a different role.”Parra thanked Santa Monica residents for the opportunity to represent them in the coming years.“Thank you, thank you, thank you!” she said, adding: “This campaign was never about me, it was about giving our residents a voice, especially to those who felt left out and ignored like I did. I am excited to be stepping into this role and look forward to the great work we have ahead of us,” Parra said, “and I am extremely grateful and fortunate that I get to do this with my running mates Phil Brock and Oscar de la Torre.”[email protected] :incumbentsIncumbentsIncumbentsNewsshare on Facebookshare on Twitteradd a commentFuture of business travel unclear as virus upends work life709,000 seek US jobless aid as pandemic escalatesYou Might Also LikeFeaturedNewsBobadilla rejects Santa Monica City Manager positionMatthew Hall5 hours agoNewsBruised but unbowed, meme stock investors are back for moreAssociated Press16 hours agoNewsWedding boom is on in the US as vendors scramble to keep upAssociated Press16 hours agoNewsCouncil picks new City ManagerBrennon Dixson16 hours agoFeaturedNewsProtesting parents and Snapchat remain in disagreement over child protection policiesClara Harter16 hours agoFeaturedNewsDowntown grocery to become mixed use developmenteditor16 hours agolast_img read more

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