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first_img Missioner for Disaster Resilience Sacramento, CA The Church Pension Fund Invests $20 Million in Impact Investment Fund Designed to Preserve Workforce Housing Communities Nationwide Church Pension Group Associate Priest for Pastoral Care New York, NY Press Release Service Course Director Jerusalem, Israel Rector Albany, NY Rector Hopkinsville, KY Rector Tampa, FL Assistant/Associate Rector Morristown, NJ Assistant/Associate Priest Scottsdale, AZ Join the Episcopal Diocese of Texas in Celebrating the Pauli Murray Feast Online Worship Service June 27 Family Ministry Coordinator Baton Rouge, LA Rector Smithfield, NC Ya no son extranjeros: Un diálogo acerca de inmigración Una conversación de Zoom June 22 @ 7 p.m. ET Virtual Celebration of the Jerusalem Princess Basma Center Zoom Conversation June 19 @ 12 p.m. ET Submit a Job Listing Bishop Diocesan Springfield, IL New Berrigan Book With Episcopal Roots Cascade Books George Floyd Statements, Canon for Family Ministry Jackson, MS Youth Minister Lorton, VA The Church Investment Group Commends the Taskforce on the Theology of Money on its report, The Theology of Money and Investing as Doing Theology Church Investment Group TryTank Experimental Lab and York St. John University of England Launch Survey to Study the Impact of Covid-19 on the Episcopal Church TryTank Experimental Lab Rector Pittsburgh, PA Cathedral Dean Boise, ID Rector Belleville, IL Remember Holy Land Christians on Jerusalem Sunday, June 20 American Friends of the Episcopal Diocese of Jerusalem Priest Associate or Director of Adult Ministries Greenville, SC An Evening with Presiding Bishop Curry and Iconographer Kelly Latimore Episcopal Migration Ministries via Zoom June 23 @ 6 p.m. ET In-person Retreat: Thanksgiving Trinity Retreat Center (West Cornwall, CT) Nov. 24-28 Submit a Press Release Racial Justice & Reconciliation center_img Director of Music Morristown, NJ Curate Diocese of Nebraska Featured Jobs & Calls Rector Knoxville, TN Associate Rector Columbus, GA Director of Administration & Finance Atlanta, GA Rector (FT or PT) Indian River, MI Curate (Associate & Priest-in-Charge) Traverse City, MI Tags Submit an Event Listing Rector/Priest in Charge (PT) Lisbon, ME Featured Events Associate Rector for Family Ministries Anchorage, AK Episcopal Migration Ministries’ Virtual Prayer Vigil for World Refugee Day Facebook Live Prayer Vigil June 20 @ 7 p.m. ET Seminary of the Southwest announces appointment of two new full time faculty members Seminary of the Southwest Posted May 29, 2020 Rector Bath, NC Massachusetts Bishop Suffragan Gayle E. Harris on the continuing power of racism and xenophobia Called to be a new and changed community Rector and Chaplain Eugene, OR Rector Collierville, TN This Summer’s Anti-Racism Training Online Course (Diocese of New Jersey) June 18-July 16 Jesus said:“I am no longer in the world, but they are in the world, and I am coming to you. Holy Father, keep them in your name, which you have given me, that they may be one, even as we are one. While I was with them, I kept them in your name, which you have given me. I have guarded them, and not one of them has been lost except the son of destruction, that the Scripture might be fulfilled. But now I am coming to you, and these things I speak in the world, that they may have my joy fulfilled in themselves. I have given them your word…” (John 17:11-13; New Revised Standard Version)In a conversation this week with a priest of our diocese, we discussed how and when the sacrament of Holy Baptism might be administered for a child during this time of the COVID-19 pandemic.  Both of us, and I hope you also, are looking forward to the time when we can gather in corporate worship, and in numbers greater than 10 persons, but also are fully aware that that will not arrive for months, perhaps many months, given the prediction of the science and medical communities of a possible recurrence of mass infection later this year.  And this priest reminded me of what Bishop Barbara Harris said, more than once:  “We are Easter people, living in a Good Friday world.”It is frustrating that most of us have been sheltering and in isolation for almost three months, and there is impatience as well as hope for gathering again together in our churches in the foreseeable future. Three months seem such a long time, but that is due to our modern pace of life and our need for gratification and comfort.  When I think of the suffering and deprivation in many centuries due to religious conflict, slavery, genocide of native peoples, the Holocaust, wars and other pandemics, it puts the three months of my being deprived of corporate worship and sacraments in perspective, as well as my awareness of those who now suffer domestic violence, lack of access to health care and employment, and economic insecurity.The continuing power of racism and xenophobia in this country is again displayed to the world this week in the racial profiling and probable root of the recent deaths of George Floyd in Minneapolis and Breonna Taylor in Louisville. The reaction on the streets of our cities is another eruption of frustration from over 400 years of oppression and injustice for people of color on this continent.  Again, in the light of ever-present suffering and violence from racism, the memory of my great grandmother, Emma, keeps coming to me. She was born a slave in 1857, and I remember her voice and stories of what she experienced as a slave. Hers was a horrible life as both a slave and a sharecropper until the early 20th century, without much hope and full of suffering. She died as I was about to turn seven years of age, just a few weeks short of her 100th birthday.  No matter what I face or sacrifice now, it seems shallow in comparison to what she faced, and to what first responders, essential workers and so many on this planet face daily.I would be selfish if I wallow or strike out because of what I can’t do or can’t have right now. As St. Paul wrote, we must bear each other’s burdens, and care for the welfare of others, even over our own longings, desires and sense of freedom.  It is the “Jesus” way of life.Our Christian faith calls us to responsibility for each other, not just our individual desires and needs. During this pandemic we, the Body of Christ, must be so tied to ethics and public health, rather than our desires, that we dare not allow even the slightest chance that the worship and sacraments of the church be transporters of disease.This is especially true for us as we end the Great 50 Days of Easter, and encounter the day of, and the church season after, Pentecost.  The Feast of the Pentecost is the second most holy day on the church calendar.  A day that ushered in change for the followers of Jesus.  A fiery spirit that compelled them to proclaim Jesus to the world.  A day that embraced them and formed a new and changed community.  A day that compelled them to let go of themselves, so they could embrace God who was calling them to change in spirit.Again, the words of my friend, the Rev. Sam Portaro, crystalize for me the necessity of letting go of myself in order to embrace the Holy Spirit of God:  “The birth of the church at Pentecost…is not so vivid an experience for us as the death of (Saint) Paul and the departure of Jesus.  We seem to be waiting for their return, or at least for someone like them, who will pick up where they left off and take us the rest of the way.  Until that time or person comes,we cling tightly to our ways…We are reminded by the examples of both Jesus and Paul that what we have in and with each other belongs to God.  We are stewards of one another, but we do not own one another…“That is how and why they could let go, how and why we can let go.  At some point – perhaps at many points – we must surrender our own selfish fears and commend our lives and ministries back to God…“For when we truly commend everything back to God, we are allowing God to exercise God’s own creative power and imagination. We are allowing God to contribute to the shape of our life and ministry.  What emerges may not be pleasing to us.  But that says less about the product than it says about the partnership… it is not our design that needs changing, it is our attitude and our commitment to partnership with God in community with others.”  (Daysprings; pp.220-1)It feels like a long time that we have been isolated in physical distancing, and from our churches, but in the reality of the totality of our lives, this has been but a brief, yet painful, period so far.  But we fear that not only will we continue to live with restrictions for several more weeks, but that perhaps in a few months we will need to relive it again.  We may long for what was, and how we experienced life, but even that was a change from what came before it.  Change is part of life, sometimes beneficial and sometimes detrimental; sometimes welcomed and sometimes dreaded.  But God is with us no matter what, leading us to learn, to go beyond the superficial, to discover new opportunities, expand our horizons and let go of our self-centeredness in order to embrace and be embraced by God’s Holy Spirit.The Season after Pentecost is the longest season of the church year, five to six months long.  The color for the season is green, symbolizing growth and calling us to live daily, moment by moment, as disciples of Jesus.  We need this long season to go deeper in faith, to learn, grow and recommit to discipleship as we look toward the next change before us, and the changes that will continually come our way.Sam Portaro wrote the words below 20 years ago, before 9/11, before the 2008 economic collapse, before many natural disasters, before the recurring public awareness of the inherent power of racism, and before this pandemic.  They are words we need to hear now.“There is much fear just now, fear of the many changes coming to our lives and to our life.  Every institution we have known and struggled to build is assaulted by change.  Deep down, like Jesus and like Paul, we know this change is imminent.  What we do not know like Jesus and Paul is that absolute trust in God that allows us to commend it all to God.“So we find ourselves at a critical juncture, not unlike our ancestors before us. The disciples Jesus prayed for were also fearful…But in rare moments when they gave it all back to God and gave themselves to each other, an amazing and powerful thing happened.  The spirit of God swept through them and the power of God was unleashed among them, and a new life, a new creation, came into being.“It can happen again.  It will happen again.  It does happen again – whenever we give it back, and let God have a hand in making it so.”  (Daysprings; p. 221)Come Holy Spirit, come!Yours in Christ,+GayleThe Rt. Rev. Gayle E. Harris Assistant/Associate Rector Washington, DC Priest-in-Charge Lebanon, OH Inaugural Diocesan Feast Day Celebrating Juneteenth San Francisco, CA (and livestream) June 19 @ 2 p.m. PT Episcopal Charities of the Diocese of New York Hires Reverend Kevin W. VanHook, II as Executive Director Episcopal Charities of the Diocese of New York AddThis Sharing ButtonsShare to PrintFriendlyPrintFriendlyShare to FacebookFacebookShare to TwitterTwitterShare to EmailEmailShare to MoreAddThis Rector Martinsville, VA Rector Washington, DC Rector Shreveport, LA last_img read more

first_img Democratic Republic of CongoAfrica Condemning abuses Judicial harassmentFreedom of expression February 18, 2021 Find out more Congolese reporter wounded by gunshot while covering protest in Goma Journalist arrested on provincial governor’s orders Organisation Democratic Republic of CongoAfrica Condemning abuses Judicial harassmentFreedom of expression Reporters Without Borders (RSF) condemns the court’s decision in an absurd libel case heard in butembo, Nord-Kivu, in March against newspaper publisher Christian Kahindo Muke and urges the judicial authorities to overturn his iniquitous conviction. News The publisher of the bimonthly entitled Rafiki (which means “Friend” in Swahili), Christian Kahindo Muke has been in hiding ever since five men armed with AK47 rifles raided his home on the evening of 29 August in an attempt to arrest him for non-payment of his 1,500 US dollars fine. Quite a muscular reaction when one considers that judicial authorities never notified Muke about the fine in the first place and that his lawyer only learned of it when he went to the court to enquire about the reason for the heavy-handed raid on his client’s home. “Such measures highlight the utter iniquity of the Butembo court’s rulings,” RSF said. “How can you arrest someone for non-payment of a fine of which he was never notified? The Congolese judicial system’s limited resources are no excuse. Christian Muke has clearly been subjected to political harassment. We call on the court to quash his conviction and drop all proceedings against this journalist.” Muke was convicted over a December 2015 article about the links between Hamza Baghuma Kasereka, a Muslim cleric, and the Allied Democratic Forces, a Ugandan rebel group responsible for many massacres in and around Beni, a city 50 km north of Butembo. The absurdity of the conviction has been highlighted by the fact that the Nord-Kivu military operational court in Beni is currently trying Kasereka along with many ADF members, who have testified that Kasereka recruited them. The Democratic Republic of Congo is ranked 152nd out of 180 countries in RSF’s 2016 World Press Freedom Index. February 24, 2021 Find out more News RSF_en center_img to go further August 31, 2016 – Updated on September 14, 2016 DRC: Journalist hounded over absurd libel case fine Reporter jailed in DRC for allegedly defaming parliamentarian Help by sharing this information News News Follow the news on Democratic Republic of Congo Receive email alerts Credit : Radiomotofm.info/Christian Kahindo Muke February 16, 2021 Find out morelast_img read more

first_imgThe team will, then, to travel to Brazil. “Opponent is known, he is a participant of the World Championship. This will be another good test for us. The result is not in the foreground, but above all, we want to keep the level of the game that we have. In addition, we want to try to save some of the options for Brazil. I hope that audience will be satisfied as well,” said the team captain Emir Spahić. Before the tomorrow match with Mexico, the football team of Bosnia and Herzegovina has performed training at the stadium of the University of Illinois.  A game with the best Central American selection will be complete the main part of the preparations in the United States of America.center_img (Source: Radiosarajevo.ba)last_img read more

first_img DES MOINES, Iowa – Coming off its road upset at then No. 9 Butler Monday, the Drake University men’s soccer team hosts Illinois-Chicago Friday at the Cownie Soccer Complex. First kick with the Flames is scheduled for 5 p.m. and the match will be shown on ESPN+. Following the game against UIC (2-0-0), Drake (1-1-0) visits UMKC (0-2-0) Sept. 4 with first kick in Kansas City, Mo. set for 7 p.m. Story Links The win over the Butler Bulldogs is the first-ever win over a top-10 opponent in program history and helped the Bulldogs earn a vote in the most recent United Soccer Coaches’ Top 25 poll. Drake trailed 1-0 late before redshirt senior Paul Ciszewski (Germantown, Wis.) evened the match in the 80th minute with a strike from 20 yards out. Later in the 87th minute, redshirt sophomore Lucas Bartlett (Overland Park, Kan.), who transferred from Loyola, went up top and headed in a corner kick from fellow newcomer, redshirt junior Cole Poppen (Ankeny, Iowa), a transfer from Tulsa. Bartlett’s first goal at Drake gave the Bulldogs their highest win over a ranked opponent since the 2009 team beat No. 13 Ohio State, 1-0, in the first round of the NCAA Tournament. UIC has victories over Campbell and Providence this season. Max Todd has a team-leading three goals for the Flames. Drake and UIC have played each other seven times with UIC holding a 5-2 advantage, including winning the last meeting in 2016 in Chicago by a score of 3-2. UMKC Live Stats  Print Friendly Version UMKC Live Video UIC Live Stats UMKC has lost to Missouri State and SIUE this season. The Kangaroos will host Oral Roberts Friday night before welcoming the Bulldogs Tuesday night. Drake has dominated the all-time series with the Roos holding a commanding 22-6-2 advantage, including winning the last eight matches. Drake returns to Cownie Sept. 7 to host DePaul with first kick scheduled for 7 p.m. UIC ESPN+ last_img read more

first_imgThe living world is an endless source of wonder and inspiration.  There’s an octopus that does a convincing imitation of a flatfish (Science Daily, Live Science), and a red crab species that emerges from its lethargic life around Christmas and migrates miles to the sea by the millions (PhysOrg).  There’s a tiny frog that can fit on the tip of a pencil (PhysOrg) and a whale with perfect pitch (Science Daily).  National Geographic released a gallery of sea creatures newly discovered deep in Indonesian waters that is as colorful as it is bizarre.  Some scientists get so excited about what animals they study, they want to imitate them.Embryo trick:  Scientists inspired by the cilia that embryos use to direct cells to their places copied the trick with “biomimetic cilia” they hope to use with lab-on-a-chip applications (see abstract at PNAS).Stickybot:  Inspired by gecko feet, scientists at Stanford designed a look-alike robot, reported Science Daily, that uses the same principle of dry adhesion by multiplication of surface contacts.  “The material is strong and reusable, and leaves behind no residue or damage,” just like a gecko foot, the article said.  They even imitated the gecko’s rotating ankles so that it can change direction. Perfect little engine:  Ever heard of a salp?  This small jelly-like creature lives in the sea and is important for carbon cycle.  Science Daily told about its “near-perfect little engine” that propels it and filters its food with a microscopic mesh.  Because “the scientists are captivated by the unique, almost magical performance of this natural undersea engine,” they think inventors could learn something.  Science Daily asked, “What if trains, planes, and automobiles all were powered simply by the air through which they move?  Moreover, what if their exhaust and byproducts helped the environment?  Well, such an energy-efficient, self-propelling mechanism already exists in nature.”Beetle bifocals:  Scientists at the University of Cincinnati were stunned to find a diving beetle with bifocal compound eyes.  Live Science reported that the eyes have two retinas, one for distance and one for close-up inspection.  Analysis of how this unique beetle sees could help bifocal manufacture.  “Bifocal glasses and contacts create two images that interfere with each other, creating an area of blur,” the article said.  “The beetle larvae solve this interference problem by having focal planes [that] are slightly shifted so they aren’t completely on top of each other.  In fact, the researchers found the shift of the focal planes improved contrast of the resulting image three-fold.”Oyster glue:  The Navy is employing “interdisciplinary, cutting-edge research” to copy oysters.  The amazing underwater adhesives that oysters use are attractive to the Navy not only because of their importance to the marine ecology, but also because of the insights they provide.  Naval researchers have been “studying marine animals’ various adhesives, uncovering fundamental properties that could yield new innovations from replacements for medical sutures to surface coatings that keep waterborne craft from picking up marine hitchhikers,” the article said.  They found that oysters have a unique adhesive for sticking to one another as they build oyster reefs.Put on your bacteria:  New Scientist posted an unusual article and video about researchers using bacteria to grow fibers for clothing.  Such biodegradable clothing will be “green” not necessarily in color, but in the sense of being biodegradable and environmentally-friendly.Code in the nose:  Inventors have been working on artificial noses for some time, with only mixed results at distinguishing the thousands of odors that natural noses are so good at detecting.  PhysOrg reported that Stanford inventors are finding that a touch of DNA helps.  The combinatorial flexibility of DNA is providing the coding repertoire for sensors to respond to many more molecules than before.  Live Science added that frog egg cells are providing a key ingredient in robotic noses as receptors.Cornea breakthrough:  Synthetic corneas are too hard to make, and cornea transplants are expensive and difficult, so why not regrow the real thing?  The BBC News reported that biosynthetic implants, using “a synthetic version of human collagen designed to mimic the cornea as closely as possible,” are providing real hope for restoring impaired vision.  Already in tests patients reported “dramatically improved” vision with the new technique.Pop goes the circuit:  Manufacturing circuits inspired by bacteria?  Why not?  Synthetic circuits is a relatively new method within the “emerging field of synthetic biology” of organizing genetically-modified bacteria to “produce a myriad of useful proteins, enzymes or chemicals in a coordinated way.”  Science Daily reported that scientists at Duke University were surprised to find bacterial cells popping, or committing suicide, when reaching a certain stage of plasmid density.  They modeled the behavior with a sample circuit they called ePop and found that it can “increase the efficiency and power of future synthetic biology circuits.”Flying with altitude:  Somehow, fruit flies know the right altitude for their flying and hovering needs.  Live Science reported that findings about how they calculate optic flow might help designers of “insect-inspired robots.”  Mike Dickinson’s team at Caltech found that flies use horizontal edges and “integrate edge information with other visual information to pick flight plans.”  This work not only helps “unveil the mysteries of insect flight and cognition, but it may have practical implications for humans, as well.”These articles are part of an increasing flood of reports about biomimetics – the imitation of nature.  Whether biologists look high or low, large or small, at plants or at animals, they find amazing feats in the living world that amaze and inspire.  And if imitation is the sincerest form of flattery, the designs in life are getting rave reviews.Biomimetic designers wanted: bright, young, observant, inquisitive, logical, perceptive, entrepreneurial, honest, forward looking, optimistic, enthusiastic.  This implies that Darwinians need not apply. (Visited 12 times, 1 visits today)FacebookTwitterPinterestSave分享0last_img read more

first_img23 October 2006The South African team of Ashleigh Simon, Kelli Shean and Stacy Bregman made history at De Zalze when they won the World Amateur Women’s Team Championship after a nail-biting playoff.They became the first team since 1980 to capture the title on home soil, and also the first African team to ever lift the most prestigious trophy in amateur golf.In a tournament regarded as the Olympics of amateur golf, many of the 42 participating countries knew little about a team from Africa, with the only internationally recognised player being Ashleigh Simon.However, after an outstanding first two rounds guided by the experience of Simon and the sheer grit of Shean, they led the field on 11-under-par 277.True contendersWith a bold 69 in the third round by Bregman, the South African team suddenly looked like true contenders for the title at 14-under-par 418.“We felt the pressure, but we knew were a good team and we really wanted to win this trophy,” said Shean.But the smooth sailing ended after the third round.The South Africans saw their four-stroke lead disappear early on their front nine with bogey-littered scorecards and a seventh hole that saw all three penciling in a drop for the hole. At the turn, the chances of South African victory started to look grim as Simon double-bogeyed the ninth hole.Sweden on the chargeBy then defending champions Sweden was racing up the leaderboard, once again guided by the unstoppable Caroline Westrup, playing a near-perfect round of three-under-par 69 for the day, backed by Anna Nordqvist, who kept it level on her front nine.However, it all came down to the back nine when Shean and Simon finally got their nerves settled and got down to business. While Simon kept the boat steady with a level back nine, Shean shot a flurry of birdies, starting with the tenth and finishing with the thirteenth.Unfortunately, it went south from there after a spell of bogeys by Shean that saw the South African lead ebb away, leaving it all down to the bitter end to save par on the eighteenth to draw level with Sweden on 10-under 566.‘The hole looked very small’“The hole looked very small from my position,” Shean said. “But I knew the situation. I knew I had to keep it level for us to have a shot at the title. So I was really happy when it dropped.”With South Africa and Sweden tied, the tiebreaker rules specified by the International Golf Federation came into play, with the non-counting scores from the final round added to the top two team scores. After that, if the result is still undecided, the rules state that it moves down to the third round’s non-counting scores.So victory was sealed for South Africa, with the third round score of 73 recorded by Simon outweighing Sofie Andersson’s 77 to put the final stamp of approval on the South Africans’ win.Colombia came third with nine-under-par 567, followed by France at eight-under 568 and Germany at seven-under 569.Sweden’s Westrup recorded the top individual score for the tournament on eight-under-par 280.The World Amateur Men’s Team Champions – the Eisenhower Trophy – starts on 26 October and will be played at the De Zalze and Stellenbosch golf courses.Scores  T1 South Africa – 566T1 Sweden – 5663 Colombia – 5674 France – 568T5 Germany – 569T5 Japan – 5697 New Zealand – 5708 Spain – 5729 USA – 57410 Chinese Taipei – 576SouthAfrica.info reporter Want to use this article in your publication or on your website?See: Using SAinfo materiallast_img read more

first_imgKammuri turning to super typhoon less likely but possible — Pagasa Japan ex-PM Nakasone who boosted ties with US dies at 101 Brace for potentially devastating typhoon approaching PH – NDRRMC Typhoon Kammuri accelerates, gains strength en route to PH Stronger peso trims PH debt value to P7.9 trillion John Lloyd Cruz a dashing guest at Vhong Navarro’s wedding View comments MOST READ Kevin Durant out with Achilles injury; to undergo MRI on Tuesday PLAY LIST 03:12Kevin Durant out with Achilles injury; to undergo MRI on Tuesday01:43Who are Filipinos rooting for in the NBA Finals?02:25Raptors or Warriors? PBA players take their pick of NBA champ01:37Protesters burn down Iran consulate in Najaf01:47Panelo casts doubts on Robredo’s drug war ‘discoveries’01:29Police teams find crossbows, bows in HK university01:35Panelo suggests discounted SEA Games tickets for students02:49Robredo: True leaders perform well despite having ‘uninspiring’ boss02:42PH underwater hockey team aims to make waves in SEA Games Golden State Warriors’ Kevin Durant, center, drives the ball against Philadelphia 76ers’ Robert Covington, left, and Ben Simmons (25). APOAKLAND, California — Kevin Durant returned from missing one game with a leg injury to finish with 29 points, leading the Golden State Warriors past the Philadelphia 76ers, 135-114 on Saturday (Sunday Manila time) for their sixth straight win.Draymond Green contributed 10 points, 10 rebounds, seven assists, five blocks and two steals. Stephen Curry added 22 points and nine assists to surpass the 4,000-assist mark for his career and Klay Thompson scored 23 as the Warriors pulled away in the second half.ADVERTISEMENT LATEST STORIES CURRY’S WORDSCurry made clear “I care about our veterans deeply” in a piece he wrote for The Players’ Tribune that published Saturday for Veterans Day expressing his support for the troops and explaining his stance — even if he didn’t want to visit the Trump White House.The two-time MVP said: “… When someone tells me that my stances, or athlete stances in general, are ‘disrespecting the military’ — which has become a popular thing to accuse peaceful protesters of — it’s something that I’m going to take very, very seriously. One of the beliefs that I hold most dear is how proud I am to be an American — and how incredibly thankful I am for our troops. I know how fortunate I am to live in this country, and to do what I do for a living, and to raise my daughters in peace and prosperity. But I also hear from plenty of people who don’t have it nearly as good as I do. Plenty of people who are genuinely struggling in this country. Especially our veterans.“And every single veteran I’ve spoken to, they’ve all said pretty much the exact same thing: That this conversation we’ve started to have in the world of sports … whether it’s been Colin (Kaepernick) kneeling, or entire NFL teams finding their own ways to show unity, or me saying that I didn’t want to go to the White House — it’s the opposite of disrespectful to them.”Kerr applauded his superstar again.“I thought it was beautiful,” Kerr said. “He’s very thoughtful, he’s very compassionate, very smart and he’s humble. I’ve made the comment before that he is incredibly arrogant on the floor and humble off the court. I think that’s a really powerful combination. … When he speaks it’s from the heart.”TIP-INS76ers: The Sixers forced Golden State into eight first-quarter turnovers. … Philadelphia shot 51.9 percent in the first half to stay within 65-64 at the break.Warriors: Andre Iguodala, who started in Durant’s place Wednesday, was out for rest. … Curry moved into a tie with Guy Rodgers for 10th place on the franchise list for all-time games played at 587. These two are the only Warriors to reach 4,000 assists, Rodgers with 4,855. … The Warriors blocked 11 shots, their 12th time in 13 games with at least seven blocks. CPP denies ‘Ka Diego’ arrest caused ‘mass panic’ among S. Tagalog NPA Read Next Don’t miss out on the latest news and information. The Warriors won their ninth straight against the Sixers and sixth in a row at Oracle Arena.MCADOO’S RING76ers two-way player James Michael McAdoo received his Warriors championship ring in a pregame ceremony. He was cheered when he checked in for the first time midway through the fourth.Coach Steve Kerr texted with him leading up to the game.“I’m thrilled that he was here, and I thought it was a great gesture by the Sixers to make sure he was here,” Kerr said. “I know he’ll get a huge ovation from the crowd tonight, he deserves it.”ADVERTISEMENT Cousins, Davis help Pelicans beat Clippers Durant sat out Wednesday’s win against the Timberwolves with a bruised left thigh but hardly showed any signs of an issue. Curry, sporting new cornrows in his hair, briefly went to the locker room early in the second but returned.JJ Redick scored 17 points to lead the Sixers.FEATURED STORIESSPORTSWATCH: Drones light up sky in final leg of SEA Games torch runSPORTSSEA Games: Philippines picks up 1st win in men’s water poloSPORTSMalditas save PH from shutoutThe Warriors have won by 17 or more points in each game of this winning streak, averaging 122.8 points.Golden State built its first double-digit lead of the night at 86-76 on Nick Young’s 3-pointer with 4:14 left in the third, and rolled from there getting another quick 3 by Young, one from Curry and a Durant jumper. QC cops nab robbery gang leader, cohortlast_img read more

first_img Year Egypt Vietnam UAE Source: The International Gold Trade by Tony Warwick-Ching, 1993; inflation.eu *Measured from December to December **Year-end rate During this period, investment demand for bullion skyrocketed 333%, from 20 tonnes in 1986 to 86.5 tonnes in 1989. And notice what happened to demand when inflation began to reverse. Substantial liquidations, showing demand’s direct link to inflation. Indonesia Indonesia was hit by a severe economic crisis in 1998. The average inflation rate spiked to 58% that year. 2009 11.9% 58.4 7.0% 73.3 1.6% 73.9 Year Inflation Investment demand (tonnes) 1997 6.2% 11.5 Year Inflation Consumer demand (t) 1999 24.0% 11.0 Sources: World Gold Council, indexmundi.com Egypt saw inflation triple from 2006 to 2008, and you can see consumer demand for bullion grew as well. Even more impressive is what the table doesn’t show: Investment demand grew 247% in 1998 over the year before. Overall tonnage was relatively modest, though, from 0.7 to 2.5 tonnes. Vietnam and the United Arab Emirates saw similar patterns. Gold consumption increased when inflation peaked in 2008. Again, it was investment demand that saw the biggest increases. It grew 71% in Vietnam, and 27% in the United Arab Emirates. And when inflation subsided? You guessed it: Demand fell. Japan Prime Minister Shinzo Abe’s plan to kill deflation pushed Japan’s consumer price inflation index to 1.2% last year—still low, but it had been flat or falling for almost two decades, including 2012. 1988 554.2% 61.5 We’ve all heard of the inflationary horrors so many countries have lived through in the past. Third-world countries, developing nations, and advanced economies alike—no country in history has escaped the debilitating fallout of unrepentant currency abuse. And we expect the same fallout to impact the US, the EU, Japan, China—all of today’s countries that have turned to the printing press as a solution to their economic woes. Now, it seems obvious to us that the way to protect one’s self against high inflation is to hold one’s wealth in gold… But did citizens in countries that have experienced high or hyperinflation turn to gold in response? Gold enthusiasts may assume so, but what does the data actually show? Well, Casey Metals Team researcher Alena Mikhan dug up the data. Here’s a country-by-country analysis… Brazil Investment demand for gold grew before Brazil’s debt crisis and economic stagnation of the 1980s. However, it really took off in the late ‘80s, when already-high inflation (100-150% annually) picked up steam and hit unsustainable levels in 1989. 1998 58.0% 22.5 In response, demand for gold coins, bars, and jewelry jumped threefold in the Land of the Rising Sun. One of the biggest investment sectors that saw increased demand, interestingly, was in pension funds. Belarus Unlike many of the nations above, citizens from this country of the former Soviet Union do not have a deep-rooted tradition for gold. However, in 2011, the Belarusian ruble experienced a near threefold depreciation vs. the US dollar. As usual, people bought dollars and euros—but in a new trend, turned to gold as well. We don’t have access to all the data used in the tables above, but we have firsthand information from people in the country. In the first quarter of 2011, just when it became clear inflation would be severe, gold bar sales increased five times compared to the same period a year earlier. In March alone that year, 471.5 kg of gold (15,158 ounces) were purchased by this small country, which equaled 30% of total gold sales, from just one year earlier. Silver and platinum bullion sales grew noticeably as well. The “gold rush” didn’t live long, however, as the central bank took measures to curb demand. Argentina Argentina’s annual inflation rate topped 26% in March last year, which, according to Bloomberg, made residents “desperate for gold.” Specific data is hard to come by because only one bank in the country trades gold, but everything we read had the same conclusion: Argentines bought more gold last year than ever before. At one point, one bank, Banco Ciudad, even tried to buy gold directly from mining companies because it couldn’t keep up with demand. Some analysts report that demand has continued this year but that it has shown up in gold stocks. What to Do—NOW History clearly shows there is a direct link between inflation and gold demand. When inflation jumps, or even when inflation expectations rise, investors turn to gold in greater numbers. And when gold demand rises, so does its price—you can guess what happens to gold stocks. With the amount of money the developed countries continue to print, high to hyperinflation is virtually inevitable. We cannot afford to believe in free lunches. The conclusion is inescapable: One must buy gold (and silver) now, before the masses rush in. The upcoming inflationary storm will encompass most of the globe, so the amount of demand could push prices far higher than many think—and further, make bullion scarce. Your neighbors will soon be buying. We suggest beating them to the punch. Remember, gold speaks every language, is highly liquid anywhere in the world, and is a proven store of wealth over thousands of years. But what to buy? Where? How? We can help. With a subscription to our monthly newsletter, BIG GOLD, you’ll get the Bullion Buyers Guide, which lists the most trustworthy dealers, thoroughly vetted by the Metals team, as well as the top medium- and large-cap gold and silver producers, royalty companies, and funds. Normally I’d suggest that you try BIG GOLD risk-free for 3 months, but right now, I can offer you something even better: ALL EIGHT of Casey’s monthly newsletters for one low price, at a huge 55% discount. It’s called the Casey OnePass and lets you profit from the huge variety of investment opportunities we here at Casey Research are seeing in our respective sectors right now—from precious metals to energy, technology, big-picture trend investing, and income investing. Click here to find out more. But hurry—the Casey OnePass offer expires this Friday, April 4. Year Inflation Consumer demand* (t) 1998 13.1% 774 1989 1,972%* 86.5 Year Inflation Investment demand (t) 1999 4.8% 730 Inflation Consumer demand (t) Inflation Consumer demand (t) Inflation Consumer demand (t) 1997 7.2% 688 1996 8.9% 507 Sources: World Gold Council, inflation.eu Gold demand doubled as inflation surged. It’s worth pointing out that investment demand in 1997 was already at a record high. Also, total demand in 1999 reached 120.8 tonnes (not just demand directly attributable to investment), 18% more than in pre-crisis 1997. But overall, once inflation cooled, so again did gold demand. India While India has a traditional love of gold, its numbers also demonstrate a direct link between demand and rising inflation. The average inflation rate in 1998 climbed to 13%, and you can see how Indians responded with total consumer demand. (Specifically investment demand data, as distinct from broader consumer demand data, is not available for all countries.) 2006 6.5% 60.5 7.5% 86.1 10% 96.0 1990 116.2%** -74 1987 218.5% 42.8 2008 18.3% 76.8 24.4% 115.8 20% 109.5 2013 1.2% 21.3 2000 3.7% 8.5 Sources: World Gold Council, inflation.eu *Includes net retail investment and jewelry Gold demand hit a record of 774.4 tonnes, 13% above the record set just a year earlier. In fairness, we’ll point out that gold consumption was also growing due to a liberalization of gold import rules at the end of 1997. When inflation cooled, the same pattern of falling gold demand emerged. Egypt, Vietnam, United Arab Emirates (UAE) Here are three countries from the same time frame last decade. Like India, we included jewelry demand since that’s how many consumers in these countries buy their gold. 2012 -0.1% 6.6 1986 167.8% 20.0 2007 9.5% 68.5 8.3% 77.5 14% 107.3last_img read more

first_imgThe junk bond market continues to show signs of cracking… For months now, we’ve pointed to the decline of junk bond values as one of the biggest red flags in the entire market. The bond market is where companies, countries, and individuals go to borrow money. It’s far larger and more important than the stock market. The U.S. bond market, for instance, is about twice as large as the U.S. stock market. If an economy, industry, or company is in trouble, warning signs usually appear in the bond market long before they show up in the stock market. We’ve focused specifically on the bond market’s riskiest offerings, junk bonds, which are bonds issued by companies with shaky balance sheets. They’re riskier than bonds issued by strong companies, so they pay higher yields. When the economy slows down, companies in poor financial shape feel the pain first. That’s why junk bonds often point out problems before other assets do. •  On Monday, one of the biggest junk bond ETFs hit its lowest level in over six years… SPDR Barclays High Yield Bond ETF (JNK) is the second-largest junk bond ETF in the U.S. It holds $10 billion worth of junk bonds. On Monday, it dropped to its lowest level since July 2009. The chart below shows JNK’s performance since then. As you can see, it’s been in a downtrend since June 2014. JNK has fallen 9% this year. It’s lost 4% in the past three months alone. Social Security Sucks Born before 1969? Then you may be eligible to receive $4,098 per month from this alternative income source. – Regards, Justin Spittler Delray Beach, Florida November 25, 2015 We want to hear from you. If you have a question or comment, please send it to [email protected] We read every email that comes in, and we’ll publish comments, questions, and answers that we think other readers will find useful. Recommended Links —center_img •  Many U.S. companies could struggle to pay back all this money… Because profits for major U.S. companies are shrinking. As of Friday, 95% of companies in the S&P 500 had reported third-quarter results. The S&P 500 is on track to post a 1.6% decline in earnings for the third quarter, after 0.7% drop in earnings in the second quarter. It would be the first back-to-back quarters of declining earnings for the S&P 500 since 2009. Declining profits means less money for companies to pay off loans. Many of the most indebted companies will have no choice but to default. •  Meanwhile, the stock market isn’t as healthy as it looks… The S&P 500 fell 11% in six days in late August. It was the first time since 2011 the U.S. stock market had dropped 10% or more. However, a strong rebound has pushed U.S. stocks up 12% from their August low. Today, most U.S. stock indexes are back near all-time highs. Yet only a few companies are driving the rally… The chart below compares the Dow Jones Industrial Average and the Russell 2000 since the market bottomed in late August. The Dow tracks the performance of 30 giant U.S. companies. The Russell 2000 tracks 2,000 smaller companies. 70-year old multimillionaire’s #1 step to survive America’s looming currency crisis I think you’ll be surprised just how easy this is – yet most Americans know nothing about this option. You don’t even have to send a single penny outside the U.S. to do it, either. Click here to learn more. The Dow has gained 13.6% since late August. The Russell 2000 has gained just 5.7%. •  In a healthy market, large stocks and small stocks usually rise together… But right now, a small number of huge companies is driving the rally… Earlier this month, E.B. Tucker, editor of The Casey Report, explained why this is a bad sign for the “real economy.” The Dow Jones Industrial Average is made up of companies like General Electric, IBM, Visa, and other firms you’ve heard of. These are huge businesses. They also have widely-traded stocks. Investors know they can sell these stocks quickly if they have to. The Russell 2000 Index, on the other hand, tracks much smaller companies, like Anacor Pharmaceuticals, CubeSmart and Casey’s General Stores. You probably haven’t heard of most of the companies in the Russell 2000. But the performance of these stocks is a good indication of what’s really going on in the economy. When investors favor larger companies over smaller ones at a rate that doubles the performance of the latter, it’s an ominous sign for the overall market. •  Signs of an unhealthy market are adding up… The junk bond market is under stress. Earnings for U.S. companies are shrinking. And a handful of large stocks are driving the stock market rally. We believe the U.S. stock market is topping out. The current bull market in U.S. stocks started in March 2009. It’s now 80 months old. That’s 30 months older than the average bull market since World War II. Bull markets don’t die of old age, but they all die eventually. When this bull market officially ends, it will hit a lot of investors by surprise. There’s no reason to be one of them. We suggest taking a few simple steps to safeguard your wealth now…before the mainstream media tells you the party is over. To start, you should hold a significant amount of cash and some physical gold. You may also want to hedge your portfolio by shorting (betting against) companies most vulnerable to an economic slowdown. These are the first steps every investor should take. But there are many more straightforward ways to “crisis-proof” your wealth. We recently published a book on this topic. It’s called Going Global 2015. It features some of the most important research we’ve ever published. For example, Chapter 4 explains the best ways to own foreign currencies. This could help protect your purchasing power if the value of the dollar drops. Chapter 5 explains how to buy foreign stocks. This could help protect you if U.S. stocks fall into a bear market. Keep in mind, these are not just strategies for rich people. Going Global is packed with easy-to-follow steps every investor can take immediately. Click here to learn more. Chart of the Day Defense stocks are rallying… On November 13, a group of terrorists orchestrated a series of attacks in Paris. They killed 130 innocent civilians and injured hundreds more. It was a horrible tragedy. France responded by launching massive airstrikes against ISIS, the terrorist group claiming responsibility for the attacks. The U.S. military also stepped up attacks on ISIS. Now defense stocks are surging… Today’s chart tracks three of the largest U.S. weapons makers, Lockheed Martin (LMT), Raytheon (RTN), and Northrop Grumman (NOC), since November 13. Each stock has outperformed the broad market since the Paris attacks. Lockheed Martin and Raytheon hit new 52-week highs on Friday. Junks bonds are a huge portion of the overall corporate bond market. Yesterday, Financial Times reported that half of all corporate bonds have a junk rating. Since 2007, the proportion of corporate bonds S&P has rated speculative-grade, or junk, has climbed to about 50 per cent from 40 per cent. •  Many companies are struggling to pay their debts… Yesterday, Financial Times reported that companies are defaulting on bond payments at the highest rate since the financial crisis. Currently, 99 global companies have defaulted since the year began, the second-greatest tally in more than a decade and only exceeded by the financial crisis which saw 222 defaults in 2009, according to Standard & Poor’s. U.S. companies account for 62 of this year’s defaults. Many more companies are likely to default. Last month, The Wall Street Journal reported that corporate downgrades are at their highest level since the Great Recession. Standard & Poor’s Ratings Services downgraded U.S. companies 297 times in the first nine months of the year, the most downgrades since 2009…with just 172 upgrades. A downgrade is when a credit agency lowers a company’s credit rating. This happens when a credit agency thinks a company’s financial health is getting worse. The huge spike in downgrades this year suggests the health of the entire economy is deteriorating. •  The Federal Reserve has encouraged companies to borrow obscene amounts of money, which is a big reason for this mess… In 2008, the Fed dropped its key interest rate to effectively zero. At the time, it was trying to fend off the worst economic downturn since the Great Depression. The Fed has held rates at effectively zero ever since. Low rates make it cheap to borrow money. The past seven years of incredibly low rates have fueled a corporate borrowing binge… U.S. companies have issued $9.3 trillion in new bonds since the financial crisis. That includes $1.4 trillion in new bonds in the last year alone, according to the Securities Industry and Financial Markets Association. That’s a new all-time record. But U.S. companies will probably top it this year. They’ve already issued $1.3 trillion in bonds through October. That’s 8.4% more than the same period last year. All this borrowing has left corporate America with a massive debt load. In September, financial news site MarketWatch reported that U.S. corporations outside the financial sector owe $7.7 trillion in debt. That’s nearly 50% more than a decade ago.last_img read more