The Punjab Bharatiya Janata Party on Tuesday hit out at the ruling Congress government alleging that the State has seen a surge in farmers’ suicides, unscheduled power cuts and deterioration of law and order in the two months that the party has been in power.“During these sixty days, Punjab has witnessed an increase in farmers’ suicides, unscheduled power cuts, rising prices of sand and gravel, open availability of drugs, sacrilege of Sri Guru Granth Sahib, atrocities against Dalits and growing incidents of gang war,” BJP leaders Madan Mohan Mittal, Harjit Singh Grewal, Manjit Singh Rai and Vineet Joshi said in a joint press conference.Pre-poll promise“The farmers are committing suicide due to Chief Minister Capt. Amarinder Singh’s failure to fulfil the party’s pre-poll promise of waiving their loans,” the BJP leaders said.“Law and order situation is deteriorating. Since the last two months, the mining mafia is calling the shots due to which prices of sand and gravel have risen sharply,” they alleged.Meanwhile, Shiromani Akali Dal leader and former Punjab Chief Minister Parkash Singh Badal described the first two months of the Congress government in Punjab as “the summer of broken promises, lawlessness and vendetta against political rivals”.“No one expected them to perform miracles, which the Congress had promises to perform, but no one expected them to fail so miserably so soon and with such admission of helplessness,” said Mr. Badal. Four main promises“They formed this government with four main promises: check on acts of sacrilege, drug eradication, loan waiver to farmers and jobs to every youth. They have done nothing so far except PR stunts on any of the four fronts,” said the former chief Minister.
Six stories in the news for Friday, April 28———WHAT IS DONALD TRUMP UP TO ON NAFTA?First, U.S. President Donald Trump threatened to rip up NAFTA. Then he didn’t. This week he did again. Now, he’s saying he won’t. But maybe, he says, he’ll change his mind again and rip it up if he can’t get a good deal. What’s going on? Gary Hufbauer of the Peterson Institute, a top U.S. expert on the trade agreement, says it’s all part of a concept that negotiating clout stems from the power to walk away.———BOMBARDIER REJECTS BOEING DUMPING CLAIMBombardier is rejecting Boeing’s claim in a complaint filed with the U.S. government that it has dumped its new CSeries commercial jet into the United States at below cost. Seattle-based Boeing is calling on the Trump administration to issue an order against the sale of the plane in the American market. But Bombardier rejects the dumping claim, saying it complies with the laws and regulations of the countries where it operates.———ONTARIO BUDGET: BILLIONS PROMISED FOR HEALTH CAREOntario’s Liberal government is promising to inject billions of new dollars into health care in its first balanced budget in a decade, a fiscal plan designed to appeal to nearly everyone in the province ahead of an election next summer. The $141-billion budget tabled Thursday includes measures targeted at both young and old, people who access the health-care system and anyone who owns or rents a home and pays an electricity bill.———NOVA SCOTIA BUDGET: TAX CUT PROMISEDNova Scotia’s Liberal government has promised an average $160 tax cut for half the province’s population, in a surplus budget that seeds the ground for an election campaign that may begin within days. Premier Stephen McNeil touted the move as proof his restraint of public sector wages over the past year has permitted him to shift money back to taxpayers, even as he books a $26-million surplus in this year’s $10.5-billion budget.———MILITARY TO ISSUE REPORT ON SEXUAL BEHAVIOURThe Canadian Armed Forces will release its third progress report today on how it is addressing harmful and inappropriate sexual behaviour. This follows a scathing report in April 2015 in which former Supreme Court justice Marie Deschamps concluded sexual misconduct is “endemic” in the military and that the leadership has tolerated abuse. Defence chief Gen. Jonathan Vance has called sexual misconduct in the ranks a threat to morale and operational readiness.———SEN. DON MEREDITH TO LEARN FATE SOONSen. Don Meredith could find out as early as next week what punishment he’ll face for having a sexual relationship with a 16-year-old girl. The Senate’s ethics committee — which has been pondering a range of sanctions from reprimand to outright expulsion — is hoping to finalize its recommendations and table them in the upper chamber next week. The committee is to meet again Tuesday to go over its draft report.———ALSO IN THE NEWS TODAY:— Statistics Canada will release February data on the gross domestic product by industry and industrial and raw materials prices for March.— The Parliamentary Budget Officer will post a report entitled “Economic and Fiscal Outlook – April 2017.”— Provincial and territorial justice ministers meet with Justice Minister Jody Wilson-Raybould to discuss delays in the criminal courts.— Sam Alec will be sentenced in Vancouver for killing three people, including two cyclists, in a drunk-driving incident in May 2015.— The annual East Coast Music Awards week continues in Saint John, N.B., through Sunday.
Twitter Advertisement Facebook Ice is a 10-episode drama for DirecTV’s Audience Network set in Los Angeles that was originally picked up for a straight to series order in the fall of 2014. It was expected to go into production last spring, but is now set to begin in the Vancouver area today.Ice Season 1 revolves around the dark underground behind the city’s diamond-dealing industry; hence its appropriate title ‘Ice’. The series stars Cam Gigandet (The O.C., Twilight) and Jeremy Sisto (Suburgatory, Law & Order) who play half-brothers Jake and Freddy Green respectively. They’re joined by Raymond J. Barry (The Purge: Election Year, The 100) who plays their father, Isaac Green. Together, the trio have to navigate the family jewelry business through gang confrontations, deals gone bad and the feds. Advertisement LEAVE A REPLY Cancel replyLog in to leave a comment Login/Register With:
WASHINGTON – The Supreme Court cleared the way Monday for states coast to coast to legalize betting on sports, breaking a longtime ban and creating a potential financial boon for states and the gambling industry. The first bets could be placed within weeks.Despite opposition from the major sports leagues and the Trump administration, the high court struck down a federal law that had barred betting on football, basketball, baseball and other sports in most states. States that want to take advantage of the ruling now will generally have to pass legislation to allow sports books to open. Some, including New Jersey, which brought the case to the Supreme Court, have a head start.Sports leagues had expressed concerns about any expansion of sports gambling. Their huge businesses could be badly harmed if people thought the outcome of games could be altered by someone who had wagered money on a certain result.However, the ruling also could be seen as merely bringing an activity out of the shadows that many people already see as a mainstream hobby. Americans wager about $150 billion on sports each year illegally, according to the American Gaming Association. The law the justices struck down forbade state-authorized sports gambling with some exceptions and made Nevada the only state where a person could wager on the results of a single game.Stock prices for casino operators and equipment makers surged after the ruling was announced.Gambling on sports could quickly become widely available, with one research firm estimating that 32 states would likely offer sports betting within five years.The ruling “opens up the floodgates” for sports gambling in any state that wants to have it, said Daniel Wallach, a sports law expert in Florida.The decision had been eagerly anticipated by gamblers and also states that hope their cut of legalized sports betting can help solve budget problems. States that have already laid the legal groundwork include New Jersey, where one racetrack said it would begin taking bets within two weeks. Mississippi and West Virginia have also been preparing for sports betting, and gamblers there could be placing bets as early as this summer and certainly before the NFL season starts in September.Delaware, too, could quickly expand beyond certain bets currently offered at its casinos. Pennsylvania and New York have also made moves to begin sports gambling. However, other states that want to allow sports betting could still see several Super Bowls come and go before people there can place a legal bet close to home.The Trump administration had urged the high court to uphold the law, surprising perhaps because the president is the former owner of a New Jersey casino, the Trump Taj Mahal, now being remade into a Hard Rock casino resort. All four major U.S. professional sports leagues and the NCAA also had urged the court to uphold the federal law, saying a gambling expansion would hurt the integrity of their games. They also said that with legal sports betting in the United States, they’d have to spend a lot more money monitoring betting patterns and investigating suspicious activity.Sports gambling proponents argued that the leagues already do that work and that legal sports betting will make enforcement easier than it is now, when most bets in the U.S. are made illegally. They say state regulators are capable of monitoring suspicious bets, as is done in Nevada.On Monday, NBA commissioner Adam Silver and Major League Baseball issued statements saying the “integrity” of their games would remain a priority. Representatives of the National Hockey League, National Football League and NCAA said they were reviewing the court’s decision.Some saw other concerns, including for some gamblers. The ruling “will likely increase gambling participation and gambling problems unless steps are taken to minimize harm,” said Marlene Warner, the president of the National Council on Problem Gambling’s board of directors. The council said any government body or sports league that receives a direct percentage or portion of sports betting revenue should dedicate some of it to treat gambling problems.The law the justices struck down was passed by Congress in 1992 and called the Professional and Amateur Sports Protection Act.Justice Samuel Alito wrote for the court, “The legalization of sports gambling requires an important policy choice, but the choice is not ours to make.” The court’s “job is to interpret the law Congress has enacted and decide whether it is consistent with the Constitution,” he wrote. “PASPA is not.”Justices Ruth Bader Ginsburg, Stephen Breyer and Sonia Sotomayor dissented. Ginsburg wrote for the three that when a portion of a law violates the Constitution, the court “ordinarily engages in a salvage rather than a demolition operation,” preserving what it can. She said that instead of using a “scalpel to trim the statute” her colleagues used “an axe.” Breyer agreed with the majority that part of the law must be struck down but said that should not have doomed the rest of the law.Congress could try to step in again. Sen. Orrin Hatch said he would soon introduce legislation to set national standards for sports betting, but It is unclear whether the rest of Congress will want to join him.The ruling was a particular victory for New Jersey, which has fought for years to legalize gambling on sports at casinos and racetracks. Former Republican Gov. Chris Christie tweeted that it was a “great day for the rights of states and their people to make their own decisions.” The state’s current governor, Democrat Phil Murphy, said he was “thrilled” to see the high court strike down the “arbitrary ban.” Several hours after the Supreme Court ruled, New Jersey lawmakers introduced new legislation that would regulate and tax sports gambling in the state.Casinos and racetracks in the state are also moving quickly. Monmouth Park, a racetrack at the Jersey Shore, has already set up a sports book operation and said Monday it plans to start taking bets within two weeks “unless someone stops us.” And Tony Rodio, president of Tropicana Entertainment, said his Atlantic City casino will offer sports betting once it can get it up and running.“It’s been a long time coming,” he said.___Parry reported from Atlantic City, New Jersey. Associated Press reporters Michael Catalini in Oceanport, New Jersey; Ben Nuckols in Washington and Steve Megargee in Knoxville, Tennessee, contributed reporting.___Follow Jessica Gresko on Twitter at http://twitter.com/jessicagresko
DETROIT — Even though unemployment is low, the economy is growing and U.S. auto sales are near historic highs, General Motors is cutting thousands of jobs in a major restructuring aimed at generating cash to spend on innovation.It’s the new reality for automakers that are faced with the present cost of designing gas-powered cars and trucks that appeal to buyers now while at the same time preparing for a future world of electric and autonomous vehicles.GM announced Monday that it will cut as many as 14,000 workers in North America and put five plants up for possible closure as it abandons many of its car models and restructures to focus more on autonomous and electric vehicles.CEO Mary Barra said as cars and trucks become more complex, GM will need more computer coders but fewer engineers who work on internal combustion engines.“The vehicle has become much more software-oriented” with millions of lines of code, she said. “We still need many technical resources in the company.”The reductions could amount to as much as 8 per cent of GM’s global workforce of 180,000 employees.The restructuring also reflects changing North American auto markets as manufacturers continue to shift away from cars toward SUVs and trucks. In October, almost 65 per cent of new vehicles sold in the U.S. were trucks or SUVs. That figure was about 50 per cent cars just five years ago.GM is shedding cars largely because it doesn’t make money on them, Citi analyst Itay Michaeli wrote in a note to investors.“We estimate sedans operate at a significant loss, hence the need for classic restructuring,” he wrote.The reduction includes about 8,000 white-collar employees, or 15 per cent of GM’s North American white-collar workforce. Some will take buyouts while others will be laid off.At the factories, around 3,300 blue-collar workers could lose jobs in the U.S. and another 2,600 in Canada, but some U.S. workers could transfer to truck or SUV factories that are increasing production. The cuts mark GM’s first major downsizing since shedding thousands of jobs in the Great Recession.The company also said it will stop operating two additional factories outside North America by the end of next year.The move to make GM get leaner before the next downturn likely will be followed by Ford Motor Co., which also has struggled to keep one foot in the present and another in an ambiguous future of new mobility. Ford has been slower to react, but says it will lay off an unspecified number of white-collar workers as it exits much of the car market in favour of trucks and SUVs, some of them powered by batteries.The GM layoffs come amid the backdrop of a trade wars between the U.S., China and Europe that likely will lead to higher prices for imported vehicles and those exported from the U.S. Barra said the company faces challenges from tariffs but she did not directly link the layoffs to them.GM doesn’t foresee an economic downturn and is making the cuts “to get in front of it while the company is strong and while the economy is strong,” Barra told reporters.Factories that could be closed include assembly plants in Detroit and Oshawa, Ontario, and Lordstown, Ohio, as well as transmission plants in Warren, Michigan, and near Baltimore.The announcement worried GM workers who could lose their jobs.“I don’t know how I’m going to feed my family,” Matt Smith, a worker at the Ontario factory, said Monday outside the plant’s south gate, where workers blocked trucks from entering or leaving. “It’s hard. It’s horrible.” Smith’s wife also works at the plant. The couple has an 11-month-old at home.Workers at the Ontario plant walked off the job Monday but were expected to return Tuesday.After the morning announcement, Barra headed for Washington to speak with White House economic adviser Larry Kudlow in what was described as a previously scheduled meeting.President Donald Trump, who has made bringing back auto jobs a big part of his appeal to Ohio and other Great Lakes states that are crucial to his re-election, said his administration and lawmakers are exerting “a lot of pressure” on GM.Trump said he was being tough on Barra, telling the company that the U.S. has done a lot for GM and that if its cars aren’t selling, the company needs to produce ones that will.At a rally near GM’s Lordstown, Ohio, plant last summer, Trump told people not to sell their homes because the jobs are “all coming back.”Most of the factories to be affected by GM’s restructuring build cars that will not be sold in the U.S. after next year. They could close or they could get different vehicles to build. Their futures will be part of contract talks with the United Auto Workers union next year.The Detroit-based union has already condemned GM’s actions and threatened to fight them “through every legal, contractual and collective bargaining avenue open to our membership.”Bobbi Marsh, who has worked assembling the Chevrolet Cruze compact car at the Ohio plant since 2008, said she can’t understand why the factory might close given the strong economy.“I can’t believe our president would allow this to happen,” she said Monday. Democratic Sen. Sherrod Brown said the move will be disastrous for the region around Youngstown, Ohio, east of Cleveland, where GM is one of the area’s few remaining industrial anchors.“GM received record tax breaks as a result of the GOP’s tax bill last year, and has eliminated jobs instead of using that tax windfall to invest in American workers,” he said in a statement.GM, the nation’s largest automaker, will stop producing cars and transmissions at the plants through 2019. In all, six car models were scrapped, leaving the company with nine remaining car models for its four brands, Buick, Cadillac, Chevrolet and GMC.Among the cars that won’t be made after next year is the Chevrolet Volt rechargeable gas-electric hybrid. When introduced a decade ago, the Volt was meant to be a bridge to fully electric cars, the company said. It has a small battery that can take it about 50 miles, then it switches to a small gasoline engine.But since it was introduced, battery technology has improved dramatically, GM said. Now the full-electric Chevrolet Bolt can go up to 238 miles on a single charge.The United Auto Workers promised to fight any plant closures and criticized GM for cutting U.S. jobs while building full-size pickups in Mexico. It also recently announced that a new Chevrolet Blazer SUV will be built there. Also, GM imports the Buick Envision midsize SUV from China.___Associated Press writers Rob Gillies in Toronto, John Seewer in Toledo, Ohio, and Zeke Miller in Washington contributed to this report.Tom Krisher, The Associated Press
“I’m just really excited to be a part of the District team and the Lone Wolf Team. I had a chance to meet everyone over here at the Office and at the Golf Course. I’m excited to be a part of that brand and team.”Mayor Rob Fraser says he is looking forward to seeing Galay and the new team work together.“Thank you very much for taking the position and we’re looking forward to you and the team, there’s a new team there at the Golf Course, so we’re interested in how you are going to gel them together and we’re interested in your new ideas. Welcome, and thank you.”Prior to this position, Galay was General Manager and Lead Pro at Lakepoint Golf and Country Club in Charlie Lake. TAYLOR, B.C. – At a recent District of Taylor Council Meeting, Council introduced the new General Manager for the Lone Wolf Golf Club.Ryan Galay was hired by the District as the new General Manager for the Golf Course, replacing Dave Callum.Galay says he is very excited to join the Lone Wolf Team as a General Manager.
New Delhi: The Supreme Court on Friday sought reply form Vodafone and Airtel on a plea by the CBI alleging that they were not cooperating with the investigation in the Saradha chit fund case.A bench headed by Chief Justice Ranjan Gogoi listed the agency’s plea on April 8 after the mobile service providers denied the allegations. A bench also comprising Justices Deepak Gupta and Sanjiv Khanna was told by Solicitor General Tushar Mehta appearing for the CBI that there was complete lawlessness and anarchy in West Bengal. He said recently police tried to arrest a custom officer for checking the baggage of wife of a TMC leader at the international airport in Kolkata. Also Read – Uddhav bats for ‘Sena CM’He said the complete incident was recorded in the CCTV. The agency had recently filed a status report relating to the interrogation of the then Kolkata Police commissioner Rajeev Kumar in connection with the scam. The apex court had on March 26 termed as “very very serious” the revelations made by the CBI in its status report relating to interrogation of Kumar. The top court had said that it cannot “close its eyes” if some “very very serious facts” were disclosed to it and directed the agency to file an application seeking appropriate relief against Kumar, who had earlier headed the state SIT to probe the chit fund scam. Also Read – Farooq demands unconditional release of all detainees in J&KThe top court had refused to drop the contempt proceedings against the West Bengal DGP, the chief secretary and Kumar. It was hearing CBI’s contempt application against various senior officials of the West Bengal government on the ground of non-cooperation in its probe and alleged tampering of evidence, including call data records (CDRs) of key accused and Sardha group CMD Sudipta Sen and Debjani Mukherjee. The court, which had earlier directed the CBI director to file an affidavit giving details about the alleged contempt committed by West Bengal cops and others in the case, had perused the reply of the CBI chief and the fresh status report, pertaining to quizzing of Kumar. The agency had earlier alleged non-cooperation on the West Bengal Police for providing incomplete information and tampering with details to the probe agency. The apex court had said that the allegations made by the CBI were serious enough and it was an “obligation” on part of the agency to disclose full details of the alleged contempt committed by the then police commissioner.
Kolkata: Swashbuckling Andre Russell’s big-hitting prowess will be pitted against Kagiso Rabada’s inch-perfect yorkers for the second time when Kolkata Kight Riders face Delhi Capitals in a return-leg fixture of the IPL here on Friday. Away from the match, the spotlight will also fall on where former KKR and India captain Sourav Ganguly sits during the match. Ganguly will be a ‘visitor’ at his ‘home’ ground of Eden Gardens as he is currently donning the advisor’s hat in the Delhi franchise, which has drawn ‘conflict-of-interest’ charges against him. Also Read – Puducherry on top after 8-wkt win over ChandigarhSecond in the IPL table with eight points from six matches, KKR’s season so far has been a Russell show with the Jamaican amassing 257 runs from five innings, out of which 150 have come in sixes alone. His average has been 128.50 while the strike rate is a mind-boggling 212.39, something that has left the opposition clueless on how to stop him. Mahendra Singh Dhoni did it with perfect execution by stranding Dre-Russ (as Russell is known to KKR fans) with his spin-heavy attack en route to handing KKR a crushing seven-wicket defeat in Chennai in their last match. Also Read – Vijender’s next fight on Nov 22, opponent to be announced laterKKR’s second defeat this season has been at the hands of Delhi Capitals in a dramatic Super Over finish at Kotla with Rabada winning the battle against Russell. Tasked to defend 11 runs in the Super Over, Rabada was smashed for a four by Russell in the first ball, but returned strongly to uproot the middle stump with an inch-perfect yorker, something Ganguly has termed as the “ball of the tournament”. While KKR will look to avenge their first leg defeat, Delhi, who have six points from as many matches, will be looking for their fourth win of the league to return to top-five. While the KKR fans may be anticipating a Russell-mania at the Eden, the nature of the wicket will also play an important role in Friday’s match. With Delhi Capitals boasting a world class pace attack spearheaded by the 23-year-old South African Rabada, a few insiders at Cricket Association of Bengal have claimed that its president Ganguly may have a ‘say’ in the pitch which could assist pacers. “You will know about the nature of the wicket on the day of the match. Whatever it is, whichever team plays well will win, it’s simple,” Ganguly has said, why replying on the allegations with a straight bat, even as Eden Gardens is set to be divided in loyalty.
Zach Johnson100021216.7 Does not include Champions Tour or Web.com wins.Source: GolfStats Padraig Harrington311031717.7 Bubba Watson101121414.3 PlayerPGA TourEuroWGCMajorsTotalShare From Majors Rory McIlroy97242218.2 Ernie Els1317243611.1 Phil Mickelson363254610.9 Jordan Spieth80031127.3 Brooks Koepka2104757.1% Martin Kaymer19021216.7 Angel Cabrera1302633.3 Wins Vijay Singh30213368.3 Retief Goosen59021612.5 Brooks Koepka bashed and buried the field over the first three rounds at Bethpage Black, and then held on for dear life Sunday to win the 2019 PGA Championship. While Long Island’s ostentatiously difficult public golf course chewed up the world’s best players — only six players in the 156-man field finished below par — the 29-year-old finished with an eight-under-par 272 and fought off a huge scare from Dustin Johnson — the world’s No. 1 player. With the wire-to-wire win, Koepka is the first golfer to hold back-to-back, concurrent major titles. And of the last nine championships played, the hulking West Palm Beach native has claimed four.Koepka entered Sunday with a seven-stroke lead, a lead no golfer had ever blown at the tournament after 54 holes. He nearly blew it anyway. Johnson, who has similar ball-shaping skills, uses an equally intense workout regimen and is one of Koepka’s best friends, mounted a furious comeback, firing a 69 while leading the field in strokes gained off the tee (2.32), according to Data Golf. Johnson pulled within a single stroke of the lead with three holes remaining, but bogeyed two consecutive holes to fall out of contention. Koepka rallied to stem the tide and ended his day by hoisting the Wanamaker Trophy.This was quite the departure from Thursday, when Koepka carded a course-record 63, a showcase he aptly described as “a crazy day.” With Koekpa four shots clear of the field, Las Vegas bookmakers installed him with 5-to-4 odds to win after one day of competition. He quickly made those odds seem conservative as he followed it up with a 65 to extend the lead. Paired with Tiger Woods in the opening two rounds, Koepka steamrolled golf’s prodigal son by 17 strokes across two days.Golf has become a power-driven sport, and few, if any, people on tour supply more than Koepka, who frequently appears to be taking a machete to his ball. He certainly set the standard this week, leading the field in strokes gained tee-to-green in each of the first three rounds and in total, according to Data Golf. But even that undersells how precise his irons were, as Koepka also led the tournament in strokes gained on shots approaching the green.On golf’s biggest stages, Koepka shows up to win. It makes you wonder: Why doesn’t he collect more trophies in the PGA Tour’s garden-variety events? With two non-major PGA Tour wins and one European Tour title, Koepka’s major wins now outnumber his minor ones. More than half (57.1 percent) of his career wins have come at major championships, which is a higher share than any other active golfer who has won at least two majors. For comparison, less than 18 percent of Woods’s career victories have come at majors. In most of Koepka’s victories, the entire tournament feels calculated, as though he’s playing out a simulation that he ran through a thousand times before he took the course. Get-off-your-seat moments are few and far between with Koepka, who looks as though he was engineered in a lab and delivers relentless power while leaving events largely lusterless. Some of that is because Koepka has the demeanor of a world-class poker player. Some of it is how easily he lays waste to a golf course. But on Sunday, we learned that golf’s RoboCop can still bleed. The wheels fell off, and he had to dig deep to finish off his best friend. But Koepka did just that, making history as he evolved into a new type of champion: one who’s proved he can survive. Tiger Woods48618158717.2 Brooks is a major playerShare of professional wins that came at majors for active golfers who’ve won at least two majors since 2000
The 19-year-old has donated a minibus to his former Escola de Futebol O Fintas in Braga, where he was developed as a footballer.Full-back Diogo Dalot moved from Porto in the Portuguese First Division to Manchester United in the English Premier League in the summer of 2018.He had barely spent one season as a professional with his club, debuting in 2017.But the 19-year-old doesn’t forget where he comes from, and he just donated a minibus to his Escola de Futebol O Fintas in Braga.“I wanted to give them something because they didn’t get anything for my transfer to here and I’m aware of their difficulties,” Dalot told the Manchester United official website.“I needed to help – it’s my job. I didn’t do it for the press. I did it because I wanted to and they’ve helped me get here.”“I think we [as footballers] can all help in some way. I don’t think it’s just all about the money, but I tried to help in this way and I think it was good for them,” he added.“I remember the days when my dad had to drive my friends and I [to matches] because they didn’t have a van for the players.””I will try and help more if I can. I gave them a shirt too and they thought it was just the shirt, so they were very surprised [about the minibus],” he continued.“I Facetimed them when I was traveling to a United game, so it was a good moment to see.”Lukaku backed to beat Ronaldo in Serie A scoring charts Andrew Smyth – September 14, 2019 Former Inter Milan star Andy van der Meyde is confident Romelu Lukaku will outscore Cristiano Ronaldo in this season’s Serie A.The Red Devils will pay Crystal Palace a visit tonight, as part of the Premier League Matchday 28.“I think when we play them at [their] home it’s always a tough game,” he said.“Of course we have a few injuries so we need to stick together as always, but this time more than ever. I think we’re going to be ready for it.”“In the last game, Crystal Palace did well, but we just need to keep focusing on ourselves first and, of course, be ready for the dangers,” Dalot recalled.“I think we’ve had some very good games. The away games have been incredible. I think we are keeping the team solid and playing good football and the away games, for me, have been a good experience to be a part of.”Next up for #MUFC:🆚 Crystal Palace📆 Wednesday 27 February⏰ 20:00 GMT🏟 Selhurst Park🏆 #PL pic.twitter.com/qr00vzO854— Manchester United (@ManUtd) February 25, 2019
Related Items:#magneticmedianews, #Teenboysfounddead, #teenboysnotreportedmissing, #youngteenboysgunneddown Facebook Twitter Google+LinkedInPinterestWhatsAppBahamas, March 20, 2017 – Nassau – Police were yesterday stumped that no one had reported two young teenage boys as missing; the pair was found riddled with bullets in a track road in Yellow Elder Gardens in Nassau on Sunday morning – dead.It was an emotional scene, apparently even for Police and leaders as the pair was left to die on the cold, hard, dirty ground and Police during the initial investigation and media interviews were unable to say that there was even anyone reported missing. Police had promised they would go door to door to find out what happened to these two teens who were killed sometime between Saturday night and Sunday morning.#MagneticMediaNews#Teenboysfounddead#teenboysnotreportedmissing#youngteenboysgunneddown Facebook Twitter Google+LinkedInPinterestWhatsApp
Posted: June 11, 2018 Categories: Local San Diego News RANCHO BERNARDO (KUSI) — A mural dedicated to two children killed in an apartment fire last October was unveiled Monday at Sunset Hills Elementary School.The mural is dedicated to the memories of 7-year-old Isabella Lopez and 10-year-old Cristos Lopez, who died in a fire that burned through their Bernardo Terrace condo.The children’s father, Henry Lopez, was charged with child endangerment causing death, reckless fire starting causing great bodily injury and involuntary manslaughter.Witnesses spotted flames coming from the second-story of a condominium on Bernardo Terrace about 3:20 a.m. on the morning of Oct. 28 and dialed 911.Firefighters arrived within minutes and found 7-year-old Isabella and 10-year-old Cristos upstairs with their father. Both children died later at a hospital.Lopez was legally separated from his wife but the estranged couple owned the home together.According to court documents, Lopez threatened to burn the residence down during a conversation about selling the condo and finalizing their divorce. Prosecutors claimed Lopez fell asleep with a cigarette in his hand, which started the fire, ultimately taking the lives of the two children.Their mother, Nikia Lopez, stood in front of the mural, teary and thankful for those who have helped her through the past several months.“Those children would not have been buried the way that they did had it not been for the community. I had nothing,” she said. “I have been in bed for three days. I have women coming to my house peeling me off the floor and getting me dressed. They feed me, I sleep on their couches. They have moved mountains for me. They say I don’t know why your babies are gone but they are special, they are not forgotten.”According to their GoFundMe page, Cristos was a 5th grader and Isabella was a 2nd grader at Sunset Hills Elementary school.“He loved playing basketball and was the MVP of his basketball team. He dreamed of playing professionally. But he also thought about being a banker because he was so good at math. And whenever you saw Cristos, he always had the biggest, warmest and most infectious smile for you. Even at just 10 years old, he always asked how you were doing with a quirky shyness that matched his caring personality. His family adored him. So did his friends and classmates.”“Isabella was the family firecracker. She had a spark that proved she could do anything. And she wasn’t afraid to speak her mind. Even though she was the baby sister, she acted like Cristos’ big sister, as she liked to watch over him … She loved reading and wanted to become a doctor. She loved helping people. Most knew her as ‘Bella.’ And if she saw you from across the room, she would go out of her way just to say hello.” Mural remembers two children killed in Rancho Bernardo apartment fire , June 11, 2018 FacebookTwitter
Close IBTimes VideoRelated VideosMore videos Play VideoPauseMute0:01/1:43Loaded: 0%0:01Progress: 0%Stream TypeLIVE-1:42?Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedSubtitlessubtitles settings, opens subtitles settings dialogsubtitles off, selectedAudio Trackdefault, selectedFullscreenThis is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window. COPY LINKAD Loading … PM Modi files nomination seeking re-election from temple town Varanasi Prime Minister Narendra Modi is seeking a second time from Varanasi; ex-BJP rebel Shatrughan Sinha is contesting from Patna Sahib constituency where he had won elections in 2014 by defeating a Congress nominee.Polling in the seventh phase of the Lok Sabha elections 2019 began at 7 am on Sunday, May 19, across 59 parliamentary constituencies. Phase 7 polling will determine the fate of 912 candidates.Voting will take place in 13 seats each in Punjab and Uttar Pradesh, 9 seats in West Bengal, 8 seats each in Madhya Pradesh and Bihar, 4 seats in Himachal Pradesh and 3 seats in Jharkhand; one in the Union Territory of Chandigarh.Ahead of the last phase of the national elections, International Business Times explains who the key candidates to watch for are:The seventh phase will witness key battles in the Bharatiya Janata Party stronghold of Varanasi and Gorakhpur. Prime Minister Narendra Modi is seeking a second time from Varanasi, which is among the 13 seats in Uttar Pradesh. Uttar Pradesh Chief Minister Yogi Adityanath will fight from his bastion Gorakhpur, which is also voting today (May 19).Check the LIVE Updates of the Phase 7 Lok Saha Elections 2019 here.Among the other heavy weight candidates in Phase 7 national elections are, Union Minister Ravi Shankar Prasad, BJP lawmaker and veteran actress Kirron Kher, actor-turned-politician and Congress leader Shatrughan Sinha, Union Minister and SAD leader Harsimrat Kaur Badal and BJP nominee Sunny Deol.Other prominent leaders include former Punjab Chief Minister Sukhbir Singh Badal, RJD leader Misa Bharti who is daughter of former Bihar chief minister Lalu Yadav, Union Minister and BJP leader Ram Kripal Yadav, former Lok Sabha speaker Meira Kumar and Bhojpuri actor-turned politician Ravi Kishan who is BJP candidate from Gorakhpur.Election to 542 Lok Sabha parliamentary constituencies is being conducted in seven phases between April 11 and May 19. Phase 7 will be the last and final phase of polling. Polling in Vellore Lok Sabha seat in Tamil Nadu has been cancelled following excess use of money power. The counting of votes and the results will be declared on May 23.
AUBURN, Ala.- The University of Louisville softball team fell 6-2 to No. 19/20 Auburn Saturday in the War Eagle Challenge. The Cardinals (14-7) will wrap up the weekend on Sunday at 11 a.m. (ET) against Mercer. Full Schedule Roster Louisville countered in the top of the sixth. Junior Celene Funke led off with a hit, took second on senior Megan Hensley’s groundout and sprinted home on Ferguson’s RBI single to pull the Cards within a run. Sophomore Danielle Watson (5-5) took the loss, allowing six runs, five earned, on seven hits and striking out six in 6.0 innings. Matchup History Preview Junior Caitlin Ferguson went 2-for-3 with two RBIs to lead the Cards at the plate. In their second game of the day, the Cardinals jumped to a 1-0 lead in the first when senior Sidney Melton singled and eventually crossed the plate on Ferguson’s base hit. Next Game: vs. Mercer 3/10/2019 | 11:00 a.m. The Cards threatened to score in the top of the seventh when sophomore Kyra Snyder connected on a leadoff single and senior Madison Cousineau was hit by a pitch to put two runners on, but a strikeout and groundout ended the game. The Tigers answered with a run in the home half of the first when Casey McCracken reached on a fielder’s choice, stole second, moved to third on a wild pitch and scored on another wild pitch to tie the game at 1-1. Auburn (20-4) pulled ahead with a run in the second when Bree Fornis connected on a two-out triple and an error on the play send her home to make the score 2-1. Auburn 6 – Louisville 2 Live Stats Auburn pulled away with three insurance runs in the bottom of the sixth. Justus Perry walked, a sacrifice bunt and wild pitch moved her to third and scored on an RBI hit by Taylon Snow. McCracken followed with a home run to increase the Tigers’ lead to 6-2. Story Links The Tigers tacked on another run in the fifth when Tannon Snow delivered a two-out hit and pinch-runner Carmyn Greenwood scored on a double by Kendall Veach. Auburn’s Makayla Martin (10-2) picked up the win after surrendering two earned runs on six hits and striking out 11 in a complete game effort. Tannon Snow had two hits while McCrackin score a pair of runs and had two RBIs to lead the Tigers at the plate.LOUISVILLE NOTES:• Melton is now on a six-game hitting streak. • Funke is on a five-game hitting streak• Ferguson has reached base via a hit or a walk in nine straight games• Snyder has reached base in six straight games• Funke leads the team with a .361 batting average, 26 hits, 17 runs and six stolen bases Print Friendly Version
McMafiaThe BBC reported a record 328 million programme requests on iPlayer in January, marking “the best month on record” for the catch-up service.The BBC said the number of shows accessed on the iPlayer in January was up 10% compared to the same month in 2017, with an average of 10.6 million daily requests for TV content in January this year.BBC crime drama McMafia was the most popular show of the month, with episode one of the series streamed 3.4 million times. Three other episodes from this series were among the top-10 most requested shows in January.The other top 10 most-requested shows of the month were episodes of the dramas Silent Witness and Hard Sun, as well as three episodes of long-running soap opera Eastenders.“2018 has got off to a flying start, thanks in no small part to a range of gripping BBC dramas. McMafia, Hard Sun and Silent Witness dominate our most popular programmes on iPlayer for January, as does the always strong-performing EastEnders,” said Dan McGolpin, controller of programming and daytime for the BBC.“It was also impressive to see the wildlife series Big Cats make this month’s top five performing series with an average of over 1 million requests per episode. It’s been a great start to the year, and we’re aiming to build on that success in the coming months.”Last month the BBC said that 2017 was the “best year ever” for the iPlayer. Company stats revealed that viewers streamed 272 million programmes per month on average in 2017, with total requests growing to 3.3 billion – an 11% increase on the previous year.
Derry singer Niamh McGlincheyTHOSE attending this weekend’s Walled City Market are in for a musical treat as rising country star Niamh McGlinchey will be performing live at the event.The Market returns to Guildhall Square this Saturday March 2nd from 11am to 4pm and Niamh will be performing on the day from 1 pm to 3 pm. ShareTweet “The stalls open from 11 am to 4 pm and offer a wide range of top quality fresh produce at affordable prices.“We also have street food and a wide range of locally produced craft products for sale so if you are out and about on Saturday make sure and come along.”Hailing from Gulladuff in County Derry, Niamh started her days as a folk singer and earned an All Ireland medal in solo singing.She has made a number of high profile appearances including singing the anthem at Croke Park and appearing on RTE’s All Ireland Talent Show and TG4’s Glor Tire and Opry Le Daniel,She has spent the last six years touring the UK, Ireland and America alongside artists such as Nathan Carter, Derek Ryan, Bagatelle and the Irish Dance Spectacular “TitanicDance.”Later in March she will be performing in the renowned Bluebird Cafe in Nashville, so be sure to pop by and enjoy this songbird’s performance before she take’s flight. Among the traders at the Walled City Market will be well known local company Doherty’s Meats who will be serving a selection of their award winning street food including beef burgers, hot dogs and Derry Stew made with their Special Mince.Other traders at Saturday’s Market will be: Windy City Baking Company, Granny Knitter, C&M’s Pantry, Living Crystal, Willow Studios, Curry Sauce NI, Amara Dexter Cattle, Crepes N Coffee, Watercolours By Noeleen, Keltic Slates, Rainbow Tie-Dye, No 9 Creations, Doorish Art & Crafts, Bake N Joy, Coffee & Cream, So27 Skincare and Simply Irresistible, La Tia Juana’s.Anyone interesting in finding out more about trading at the market are asked to contact Nicolle at firstname.lastname@example.org or Tel: 02871 376506.For further information visit www.derrystrabane.com/Subsites/Walled-City-Market/Welcome.Find us on Facebook at www.facebook.com/whatsonderrystrabane/ or follow us on Twitter @Walledmarket.Derry singer Niamh McGlinchey to perform at Walled City Market was last modified: February 26th, 2019 by John2John2 Tags: The popular food and craft market is organised by Derry City and Strabane District Council and takes place on the first Saturday of the month every month.The market offers a wide range of speciality food traders with fresh breads, vegetables, meat, homemade jams and preserves as well as handcrafted products such as textiles and paintings.Nicolle Walters, Market Development Officer with Derry City and Strabane District Council said she was pleased to be offering musical entertainment along with the usual offering of some of the finest locally produced food and craft products.“We are delighted to be able to add to the atmosphere in Guildhall Square with a live performance from Niamh McGlinchey who is one of the most in demand country performers on the circuit. BagatelleDerek RyanDerry and Strabane CouncilDerry singer Niamh McGlinchey to perform at Walled City MarketGULLADUFFNATHAN CARTER
For a change, overnight activity in the Far East in both gold and silver showed some real signs of life.It was a very slow day in the gold world on Wednesday…and most of gold’s price movements, such as they were, were most likely currency related. Gold closed at $1,693.40 spot…down $2.80 from Tuesday. Volume, most of it of the high-frequency trading variety, was decent at around 113,000 contracts.Silver’s price pattern was similar…and the price briefly dipped below $32.00 spot before recovering as the dollar index headed south. Silver closed at $32.70 spot…down 9 cents on the day. Net volume was average…whatever that means these days…at around 33,000 contracts.All the ‘action’ yesterday was in the dollar index. It opened at 81.34 at 6:00 p.m. in New York on Tuesday night…and by 9:30 a.m. in London the next day, it had hit its zenith at around 81.65. From there it went into a decline that bottomed out at 81.14 shortly after 11:00 a.m. in New York. It recovered a hair from that low…closing at 81.20…down a whole 14 basis points when all was said and done.Both the gold and silver charts show this currency move pretty clearly.The gold stocks started in the red, but finally got into positive territory…and then mostly stayed there for the rest of the trading day. The HUI closed up 0.45%.The silver equities were mixed yesterday…and gave back a bit of their Monday and Tuesday gains, as Nick Laird’s Silver Sentiment Index closed down 0.45%.(Click on image to enlarge)For a change, the CME’s Daily Delivery Report was much more interesting. They reported that 16 gold and 485 silver contracts were posted for delivery within the Comex-approved depositories on Friday. Jefferies was the short/issuer de jour, posting 476 contracts…and it should come as no surprise to anyone that the big long/stopper was JPMorgan…with 253 contracts in its client account and 186 contracts in its proprietary [in house] account. The Issuers and Stoppers Report is definitely worth checking out…and the link is here.There were no reported changes in GLD yesterday…but after a big withdrawal from SLV on Tuesday, there was an even bigger addition on Wednesday, as an authorized participant[s] added 2,934,108 troy ounces.The U.S. Mint had another smallish sales report yesterday. They sold 4,500 ounces of gold eagles…and another 125,000 silver eagles.It was another very busy day over at the Comex-approved depositories on Tuesday. They reported receiving 602,812 troy ounces of silver…and shipped 1,558,280 troy ounces out the door.While on the subject of the Comex-approved depositories, I noticed something different about the CME’s web page when I clicked on it early yesterday evening…but I didn’t investigate any further. It took an e-mail from Nick Laird very late last night that pointed out the difference. There’s a new depository added to the list. It’s called CNT Depository…and a Google search revealed this.I’ll be very interested in seeing how they fit into the grand scheme of things…and just how much metal they accumulate on behalf of their clientele. According to Nick, they reported receiving 631,389 troy ounces on Tuesday…the first day they showed up as a depository.In the same e-mail, Nick sent along this chart entitled “Comex Depository Warehouse Silver Stocks” that goes back about 41 years…and here it is.(Click on image to enlarge)I have the usual number of stories today…and I hope you have time to read the ones that interest you the most.It was a nothing sort of day in the precious metal markets yesterday…another day off the calendar as Ted Butler would say…so I’ll just move along to other things.Tomorrow we get the latest Commitment of Traders Report…and as you are already aware, I’m more than interested in what’s in it.For a change, overnight activity in the Far East in both gold and silver showed some real signs of life. After rallying a bit in early morning trading, a more substantial rally began around 2:30 p.m. Hong Kong time…and is continuing into early London trading as well. The rally in silver is even more impressive.However, the volume in gold is getting way up there…35,000 contracts. And silver’s volume is already an eye-watering 12,300 contracts as I hit the ‘send’ button at 5:13 a.m. Eastern time. The dollar index is comatose.These are not short covering rallies by any stretch of the imagination, but new long positions being established and, without doubt, it’s JPMorgan et al going short against all comers. Unfortunately none of this data will be in tomorrow’s COT report. We’ll have to wait until next Friday…and in the current environment, that’s a lifetime away.It remains to be seen whether these rallies continue in London…or get stepped on before New York opens, as the similar rallies that developed in both platinum and palladium earlier today, have already met that fate.Here are the current gold and silver charts as of 4:53 a.m. Eastern time. Avrupa Minerals Ltd. is a growth-oriented prospect generator focused on aggressive exploration for valuable mineral deposits in politically stable and prospective regions of Europe with a growing pipeline of prospects in Portugal, Kosovo and Germany.Company highlights:Alvalade Project JV with Antofagasta Minerals SA – Copper and Zinc on 1000 km2 project area in the Portuguese Pyrite Belt – 2012 exploration budget of US$ 2.5 million, all provided by Antofagasta, including 6000 meters of core drillingGold exploration in the Erzgebirge Mining District, Germany – 307 km2 exploration license in 1000+ year producing region of tin, tungsten, silver, base metals, and uranium – Increasingly favorable permitting and mining regulations, long mining culture, widespread known gold panning locationsCovas Tungsten JV with Blackheath Resources Inc. – 922,900 mt @ 0.78% WO3 (non NI 43-101 compliant) historic resource – Potential to increase the tungsten resource – New gold target on the projectStrong management including Paul Kuhn, CEO, previously involved with several discoveries around the world, and Mark T. Brown, Director, founder of Rare Element Resources Ltd.Low risk exploration strategyShare structure and cash on hand (12/31/2011):16.1 million shares outstanding; 23.7 million shares outstanding, fully diluted40% of shares held by insiders, family, friends, and long-term investorsApprox. C$ 500,000 cash on hand (consolidated Canada and Europe)Antofagasta has provided US$ 350,000 for all anticipated Alvalade JV expenses for Q1 2012.Please visit our website for more information. Sponsor Advertisement Considering the start to the Thursday trading session in both the Far East and London…it could be a wild one in New York today…and I’m looking forward to the 8:20 a.m. Eastern time Comex open with more than the usual amount of interest.Before hitting the ‘send’ button on today’s column, I want to bring this Casey Research offer to your attention ONE LAST TIME…as you’ve only got THREE DAYS LEFT TO ACT. As you probably already know, the September 7th Casey Research/Sprott Inc. Summit: Navigating the Politicized Economy, will be held in Carlsbad, CA. If you’re not registered to attend, you may want to purchase the complete audio collection (available in a 20-CD set and/or MP3 downloads) to listen to at home.The faculty presenting includes David Walker, former US Comptroller General, Dr. Lacy Hunt, former Senior Economist, Dallas Fed; Executive VP, HIMCO, Don Coxe, Global Strategy Advisor, BMO Financial Group, David Webb, hedge fund phenomenon, Origin Investments, AB, Dr. Thomas M. Barnett, former Senior Advisor, Office of the Secretary of Defense, G. Edward Griffin, author, The Creature from Jekyll Island, Bob Hoye, Chief Financial Strategist, Institutional Advisors, Peter Schweizer, Hoover Institute, author of Throw Them All Out, Doug Casey, contrarian speculator, Eric Sprott, Chairman, Sprott Asset Management, and 18 other financial luminaries.These are top-drawer speakers…and the ladies at Casey Research in Stowe, Vermont are telling me if you order before the summit ends on September 9th, you’ll save $100. To learn more about the 28 financial experts and what they are presenting, please click here…and it doesn’t cost a dime to look!See you on Friday…Saturday west of the International Date Line.
Emission systems. Demand for platinum in autocatalysts dropped by 1% in 2012, mostly due to lower vehicle production in Europe and lower market share of diesel engines. However, emission-system demand from Japan and India is expected to increase, and diesel-emission controls recently introduced in Beijing will also support industrial demand for both metals. Auto sales in China rose a whopping 19.5% in the first two months of the year and are 6.5% higher in the US than a year ago. Platinum is a precious metal, as is palladium, though to a lesser degree. However, like silver, both are also industrial metals. Unlike silver, it’s their industrial use that is the primary price driver for both platinum and palladium – and that use is undergoing a fundamental shift. The largest source of demand for platinum and palladium is the automotive industry, for use in autocatalysts. In turn, the fortunes of the auto industry are sensitive to the health of the world’s major economies. We’ve been bearish on platinum-group metals for years, primarily because we weren’t convinced a healthy – much less roaring – world economy could be sustained when so many governments continue spending beyond their means. We reconsidered the market last year, when strikes in South Africa – home to 75% of global platinum production and 95% of known reserves – threatened supplies. But as we wrote last December, the strikes ended without great impact on long-term supply. Since then, however, the fundamentals of this market have changed. Others may disagree with our economic outlook, which is still bearish, but it’s due to supply issues – not demand – that our interest is now drawn to these metals, and particularly to palladium. Here’s a look at global supply against auto-industry demand for both metals. Demand. Autocatalytic demand rose by 7% in 2012, as palladium can be easily substituted for platinum in emission-control systems for gas-powered motors (but not diesel-powered ones), such as are favored in China and India. In fact, several experts we consulted were more bullish on palladium than platinum due to this “substitution factor” – and China just mandated catalytic systems for all cars in the country. Palladium investment demand was positive last year, though palladium jewelry has yet to gain traction in China, one of the world’s biggest jewelry markets. Total jewelry demand for palladium was 11% lower in 2012. However, we expect a greater shift to palladium in the expanding Asian automotive market, which in turn will boost palladium prices. The fundamental drivers of the palladium market are similar to those for platinum, which makes the palladium market an equally attractive investment. If this all weren’t bad enough, most companies’ production costs are now above current platinum and palladium prices. This can only be solved one way: higher metals prices. Bottom Line The supply disruptions in South Africa combined with secondary factors have led to deficits in both metals that won’t be erased overnight. Such imbalances, together with mainstream expectations of global economic growth, create a favorable environment for PGM price appreciation. This much seems like a safe bet. There is, however, a great deal of speculative upside in the not-inconceivable case of South Africa going off the rails in a major way. Massive – not marginal – supply disruptions in the world’s main source of both metals would send their prices through the roof. You get this speculative potential “for free” when you bet on the more conservative projections that call for rising prices regardless. While we wait for our gold positions to rebound, an investment in platinum and palladium could be very profitable. How to invest? You can learn which company is our #1 pick for this space with a risk-free trial subscription to BIG GOLD. Note: our longer-term outlook remains in place: most G7 economies are not fundamentally sound and continue to print money. Gold is still our priority asset class, so we don’t recommend that investors replace their gold holdings with platinum and palladium investment vehicles. This PGM trend is simply an addition to and diversification of our current investment strategy. Recycling. This important source of supply is falling in reaction to lower metals prices. It is estimated that recycling fell by 11% in 2012. Investment. Although it represents just 6% of total demand for the metal, investor demand nonetheless grew 6.5% last year, adding to pressure on supplies. Given these factors – primarily the first one – a supply deficit stretching into 2014 seems almost certain. Until South Africa can resolve its labor and power issues, pressure on platinum supply will remain, producing a favorable environment for rising prices. Palladium Palladium, platinum’s “little brother,” also faces a market imbalance. In 2012, the deficit totaled 915,000 ounces, the highest level since 2001. Supply. Russia is the second-largest producer of palladium, and some analysts report that rumors of its stockpile being close to depletion are true. Recycling is also falling, and production disruptions in South Africa – the largest producer of palladium – are the same as outlined for platinum. Overall supply of the metal is falling. Jewelry. Worldwide demand for platinum jewelry rose last year, with strong demand coming from China and growth in India, and is mainly the consequence of lower prices. Jewelry accounts for 30% of total platinum demand. Approximately 55% of platinum and the bulk of palladium supply was used in catalytic systems last year. The shrinking supply that’s under way with both metals is obvious, and palladium is approaching a supply/demand crunch. Here’s what’s going on… Platinum The fall in platinum supply has been so great that it moved from a surplus in 2011 to a deficit in 2012, with Johnson Matthey estimating that deficit to hit 400,000 ounces, the highest level since 2003. Why the shift? Labor strife and power outages. The mining industry in South Africa is, frankly, a mess. Labor strikes continue to haunt the platinum mining companies. The largest mining union in South Africa, AMCU, recently refused to sign a collective bargaining agreement on worker compensation, and CNBC is predicting a massive strike. Amplats, the world’s largest platinum producer, is threatening to cut 14,000 jobs and mothball two operating mines due to various issues. Meanwhile, power outages, a longstanding problem, continue unresolved; they have already forced the closure of some mines and are widely expected to cause further cuts in production. As a result, supply from mining is expected to decline another 10% this year.
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