Arsenal whiz Bukayo Saka hopes to make Europa League his competitionby Paul Vegasa month agoSend to a friendShare the loveArsenal whiz Bukayo Saka hopes to make the Europa League his competition.Saka scored in their 3-0 win at Eintracht Frankfurt on Thursday night.He said: “There will be a lot of opportunities in the Europa League. That’s how I made my debut last season and I hope I can continue to get more and more opportunities and keep progressing so I can maybe one day play in the Premier League and start playing for Arsenal’s first team.”I feel like I’ve been with the first team a lot this season, I’ve been training with them a lot, I know the players, they know me and I don’t think it was too different for me because I train with them every day.” About the authorPaul VegasShare the loveHave your say
OTTAWA – The Bank of Canada kept its key interest rate target on hold Wednesday, but noted the Canadian economy was a little stronger than expected in the first quarter, raising expectations that rate hikes are coming later this year.The central bank held steady its target for the overnight rate — a key financial benchmark that influences the prime lending rates at the country’s big banks — at 1.25 per cent.However, economists said the Bank of Canada’s decision to drop a reference to remaining “cautious” signalled a more hawkish tone and suggested that the next rate increase would be soon.“All told, the positives seem to outweigh the negatives,” TD Bank senior economist Brian DePratto wrote in a note to clients.“Gone was the reference to ‘caution’ that typified the last few statements. Today’s statement instead chose the term ‘gradual’ to describe the approach to policy adjustments.”The loonie was up 0.74 of a US cent to average 77.54 cents US, thanks largely to the change in the bank’s tone, said Allan Small, a senior investment adviser at HollisWealth.“They did not raise rates this go round, but they basically gave an indication or at least a hint that they still believe that they need to raise interest rates in the future to combat an economy that’s heating up, to combat the fear of inflation.”The Bank of Canada’s next scheduled interest rate decision is set for July 11 when it will also update its outlook for the economy and inflation in its monetary policy report.In announcing its decision Wednesday, the central bank said exports were more robust than forecast as data on imports of machinery and equipment suggest continued recovery in investment, but also pointed to softer real estate activity into the second quarter as the market “continues to adjust to new mortgage guidelines and higher borrowing rates.”“Going forward, solid labour income growth supports the expectation that housing activity will pick up and consumption will continue to contribute importantly to growth in 2018,” it said.The Bank of Canada also said global economic activity remains broadly on track, but added that ongoing uncertainty about trade policies is dampening global business investment and stresses are developing in some emerging market economies.It noted that recent developments have reinforced its view that higher rates will be warranted to keep inflation near its target, but added that it will take a gradual approach and be guided by the economic data.“In particular, the bank will continue to assess the economy’s sensitivity to interest rate movements and the evolution of economic capacity,” it said.Alicia Macdonald, principal economist at the Conference Board of Canada, has been expecting since January that the Bank of Canada will raise its key interest rate in July.She said Wednesday that there’s now a possibility the central bank may also increase the rate in September or October, but that will depend on what happens with the trade talks with the United States and Mexico.“We think there’s reason to still think they might be cautious as they wait for these events to unfold,” she said.Macdonald also said she’ll be watching what happens with the housing market, which she said the Bank of Canada expects to rebound over the rest of this year.“We think that, yes, it won’t be as bad going forward, but we do see the possibility for some continued softness in housing market activity over the next few months and that could weigh on future rate increases,” she said.However, David Watt, HSBC’s chief economist for Canada, said he expects the Bank of Canada to keep its key interest rate on hold for the rest of the year.“In our view, the Bank of Canada’s hawkishness is premature,” he wrote in a report.Watt cited moderate job growth, lacklustre non-energy export growth, ongoing trade policy uncertainty, subdued capital expenditures and signs households are being squeezed by past rate increases and high gasoline prices as reasons the central bank would keep its rate unchanged.The central bank’s decision to keep its trend-setting rate on hold came as inflation sits above the two per cent midpoint of its target range of one to three per cent and core inflation has crept past the two per cent mark for the first time since 2012.It noted that inflation will likely be a bit higher in the near term than was forecast in its April monetary policy report due to recent increases in gasoline prices, but that it will look through the transitory impact of the fluctuations at the pump.The central bank has raised its key rate three times since last summer, increases that have prompted the big Canadian banks to raise their prime rates which are used to set the rates charged for variable-rate mortgages and other variable-rate loans.
Jeff Bezos boldly predicted five years ago that drones would be carrying Amazon packages to people’s doorsteps by now.Amazon customers are still waiting. And it’s unclear when, if ever, this particular order by the company’s founder and CEO will arrive.Bezos made billions of dollars by transforming the retail sector. But overcoming the regulatory hurdles and safety issues posed by drones appears to be a challenge even for the world’s wealthiest man. The result is a blown deadline on his claim to CBS’ “60 Minutes” in December 2013 that drones would be making deliveries within five years.David Koenig And Joseph Pisani, The Associated Press
San Francisco: Apple has announced a new initiative in support of non-profit organisations in the US and Europe that offer un-biased, independent media literacy programmes. To advance their efforts in empowering young minds, Apple will support the US-based News Literacy Project (NLP) and Common Sense organisations, along with the Italy-based Osservatorio Permanente Giovani-Editori, the company said in a blog-post on Wednesday. “News literacy is vital to sustaining a free press and thriving democracy, and we are proud to be collaborating with organisations on the front lines of this effort,” said Apple CEO Tim Cook. Also Read – Swiggy now in 500 Indian cities, targets 100 more this year Cook acknowledged the work being done by these organisations in empowering young people to be active and engaged citizens. “Apple News is committed to presenting quality journalism from trusted sources,” said Lauren Kern, Editor-In-Chief of Apple News. “We’re thrilled that Apple is supporting these important organizations to train the next generation on how to seek out accurate and reliable information amid an increasingly complicated news landscape.”
Kolkata: Howrah City Police have nabbed seven persons and seized many weapons on Monday night from two separate places.Two cases have been initiated at the Nischinda police station and Chatterjeehat police station in this regard. According to the police, on Tuesday night sleuths from Nischinda police station got a tip-off about a few persons, who were seen roaming suspiciously in the area. The police approached them, these persons tried to escape from the area on a yellow taxi and a private car. Also Read – Bengal family worships Muslim girl as Goddess Durga in Kumari PujaBut, before they could give a slip to the police, sleuths surrounded them. All of them were immediately detained. During frisking of their vehicles, police found like one sword, bamboo sticks, one dagger, one country-made shooter firearm and two live ammunition mark 8 mm. All six of them immediately arrested under IPC Sections 399 (making preparation to commit dacoity), 402 (assembling for purpose of committing dacoity), and 25 (possessing of fire arms) and 27 of the Arms Act (punishment for using arms). Also Read – Bengal civic volunteer dies in road mishap on national highwayIn another case on Monday, sleuths from Chatterjeehat police station arrested a person identified as Saniar Hossain Khan alias Lalu from Dumurjala Ring Road area and seized one firearm loaded with one round of live ammunition. It is suspected that he might have been targeting someone over some issues. He has been booked under IPC sections of 25(i)(a) Arms Act (manufactures, sells, or exposes or offers for sale or transfer, or has in his possession for sale any arms or ammunition) and 27 Arms Act (punishment for using arms).
Guwahati: The citizenship bill does not require any changes if Clause 6 of the Assam Accord is implemented properly, says Assam Chief Minister Sarbananda Sonowal about the proposed legislation which the top BJP leadership has vowed to bring back if voted back to power. In an interview to PTI, the student leader-turned politician said the bill will be brought after arriving at a consensus with all stakeholders. “It (amending the Act) is not a new thing as amendments were taken up nine times before this also. This is a continuous process since 1950,” he said, adding the BJP will ensure constitutional safeguards to Northeast’s political, cultural, social and linguistic identity. Also Read – Uddhav bats for ‘Sena CM’ When asked if the Assam government will request the Centre to make necessary changes in the existing bill to allay apprehensions of the people here, Sonowal said that is not needed if the Clause 6 of the Assam Accord is implemented properly. The Clause 6 of the Assam Accord, which was signed in 1985 after the Assam Agitation of 1979-85, envisages that appropriate constitutional, legislative and administrative safeguards, should be provided to protect, preserve and promote the cultural, social, linguistic identity and heritage of the people of Assam. Also Read – Farooq demands unconditional release of all detainees in J&K “If Clause 6 is implemented in letter and spirit, then the indigenous people of Assam are well guarded and protected. That was the agenda ought to be taken up on priority by earlier governments, but it was never seriously considered, Sonowal said. “Now the prime minister has taken up the matter with sincerity, commitment and dedication. So, I believe once it is implemented, we have nothing to worry. If Clause 6 is implemented, we have no issue with the citizenship bill, even if it comes in the current form, he added. Several groups and parties have opposed the bill, which was passed by the Lok Sabha on January 8 but was not tabled in Rajya Sabha and seeks to provide Indian citizenship to Hindus, Jains, Christians, Sikhs, Buddhists and Parsis from Bangladesh, Pakistan and Afghanistan after six years of residence in India even if they do not possess any document. Interestingly, though the BJP top brass has been talking about the citizenship bill in poll rallies, the state leaders have not raised the issue in their meetings and speeches. State minister Himanta Biswa Sarma had earlier said that the citizenship bill was a non-issue in the state and the people are more concerned about national issues. Sonowal also took a dig at the proposed ‘mahagathbandhan’ of opposition parties saying the ambitious grouping is dreaming of dethroning Prime Minister Narendra Modi but will “collapse soon” as it does not have any policy on patriotism, integration and service to the nation. He claimed the constituents of this ‘grand alliance’ are together during the ongoing Lok Sabha elections only for their vested interests. “They do not have any policy of integration, service to nation and patriotism. The ‘mahagathbandhan’ is mainly just to get power. They are all with vested interest,” he said. The members usually stay different, but sometimes they come on the same platform but with different self interests, he added. “So, there is no national interest in it. I have not seen any national interest within themselves. That is why, I firmly believe that it will collapse soon,” he asserted. Sonowal was once president of the influential All Assam Students’ Union (AASU), which has been at the forefront of the protests against the citizenship bill across the Northeast in the past several months. When told out that the concerns raised by people of Assam and the Northeast were not taken into account while drafting the bill, he disagreed and said the Clause 6 has been taken at the highest level for the first time in the history. “It is Modi ji who has taken it up and ultimately constituted a high-level committee by the Union Cabinet comprising only Assamese people from different fields. It was given very clear terms of references. The committee has been asked to prepare a report on how Constitutional safeguards can be ensured in best possible manner,” he added. The existence of the nine-member committee is in a lurch with its fifth member and chairman M P Bezbaruah withdrawing from it in January. The other four members refused to be a part of it in protest of the Citizenship Bill, are a representative of the AASU, eminent litterateurs Nagen Saikia and Rong Bong Terang along with educationist Mukunda Rajbongshi. On resignation of the eminent personalities from the high-level committee, the chief minister said, “It is because of chaos and unnecessary false propaganda by Congress, Leftists and some section intellectuals and media.” Asked about the BJP’s prospects in Assam in this Lok Sabha elections, Sonowal claimed the saffron party along with its allies AGP and BPF will bag at least 12 seats out of 14 in the state. In 2014, the BJP won seven out of 14 Lok Sabha seats in Assam, the Congress and the AIUDF had three MPs each and one member was an Independent. The two BJP allies, BPF and AGP, had no representation in the Lower House of Parliament. Sonowal strongly refuted allegation of Modi failing to fulfill the promises made in 2014 elections, especially on deporting the illegal infiltrators from Assam, and claimed that update work of the National Register of Citizens (NRC) and steps to implement the Assam Accord are being done to accomplish the task.
New Delhi: In a major setback to Bihar government, which is led by Chief Minister Nitish Kumar, the Patna High Court order forced the state government to cough-up Rs 12.88 crore compensation to the victims of infamous ‘uterus scam’ that was unearthed in 2012.As per the official sources, the Bihar government, which was reluctant to accept any irregularities in the Rashtriya Swasthya Bima Yojana (RSBY), finally sanctioned Rs 12.88 crore in March 2019 following the Patna HC order dated September 25, 2018. The incident relates to the forceful removal of the uterus of women and underage girls by ‘doctors’ without taking victims’ consent. Interestingly, some fake the doctors were also in the team that carried out the mass operation. Notably, a total of 702 women, including some unmarried girls, were operated upon to remove their uteruses under the medical insurance scheme for poor families in eight different districts during the year 2012. As per the verdict, the Patna HC had ordered the government in September 2018 to pay compensation within six weeks to all the victims of a uterus scam. An HC division bench comprising Chief Justice MR Shah and Justice Ashutosh Kumar, while hearing a PIL filed by Veterans Forum for Transparency in Public Life, ordered that all investigations in the scam, if pending, must be completed within six weeks followed by filing of chargesheets against accused doctors and others. The forum was represented by counsel Dinu Kumar. The maximum cases of unauthorized and illegal operations of uterus were registered in Gopalganj (318) followed by Samastipur, where 316 women and girls fell victim of illegal surgery. The orders issued by the state home department to the District Magistrates of the concerned districts stipulated that compensation of Rs 2.50 lakh each be paid to the women between 20 and 40, and those above 40 would be paid Rs 1.50 lakh each. In August 2012, Bihar Human Rights Commission (BHRC) took suo-motu cognizance of reports about irregularities in cases of uterus removal under the scheme. He also sought a report from the state government and an expert committee was formed, following CM’s directive. The scam was exposed when the then Samastipur DM Kundan Kumar had organised special medical camps to re-examine the women, after the administration received complaints about unnecessary surgeries.
Dan Cohen AUTHOR The city of Concord for the second time in two weeks has postponed a meeting of the city council to discuss the selection of a master developer for the former Concord Naval Weapons Station in northern California, after the apparent suicide of the city attorney who had been investigating allegations that one of the two competing firms improperly lobbied the city.The city first postponed the council’s discussion late last month after Catellus Development Corp. requested the city investigate its accusations that Lennar Urban had violated the negotiating agreement both finalists had signed. Catellus also asked why city staff failed to recommend a preferred master developer as expected.At the time of his death last week, city attorney Mark Coon was preparing a report on his investigation. It is not clear if Coon finished the report or when the city plans to release his findings, reported the Contra Costa Times.While the city council’s five council members have said Lennar did not lobby them, Concord Mayor Tim Grayson last month returned $12,600 in donations to his state Assembly campaign from companies or individuals linked to Lennar. Kofi Bonner, president of Lennar Urban, vigorously defended his firm’s conduct after Catellus’ accusations came out.The city council had been scheduled to meet Oct. 15 to discuss the selection of a master developer; the city has not yet rescheduled that meeting.The reuse plan for the 5,046-acre weapons station site calls for residential, commercial and office use clustered around the North Concord BART station with greenways and parks separating neighborhood villages. Almost 70 percent of the property would be open space and recreational facilities.————Image Source
Spider-Man: Far From Home spoilers sneakin’ up on you like Peter Parker in his Stealth Suit. Jay Maidment/Sony Pictures Spider-Man: Far From Home brings Phase 3 of the Marvel Cinematic Universe to a close with a joyous teen adventure. It also returns to the grand tradition of postcredits scenes after Avengers: Endgame offered only an audio Easter egg of Tony Stark forging his armor in the first Iron Man.Far From Home’s first postcredits scene is essential viewing, and the second is fun but will make you rethink the entire movie.If you haven’t seen Far From Home yet, be warned that you’re about to get caught in a web of spoilers.Scene 1: Mysterio’s revenge and a glorious returnSpider-Man (Tom Holland) swings a flustered MJ (Zendaya) through the Manhattan skyline and drops her off at 8th Avenue and 33rd Street, where a massive screen on the side of Madison Square Garden shows a report from TheDailyBugle.net.A doctored video makes it look like Spidey killed Mysterio (Jake Gyllenhaal) during the climactic battle in London — the illusionist’s recorded testimony says Spidey is a villain from another universe who was controlling the drones wreaking havoc on the UK capital. How to watch every Marvel Cinematic Universe film in the right order Spider-Man: Far From Home director talks postcredit scene… As for where he got the video, it was probably from Mysterio’s assistant William Ginter Riva (Peter Billingsley), who escaped with a hard drive after Spidey foiled his boss’ plan in London. We saw earlier in the movie that Riva worked for Obadiah Stane (Jeff Bridges) way back in the first Iron Man, so he’s had two villain employers.It’s also hard to know if Mysterio is really dead — he could’ve used his special-effects wizardry to fake that too.Director Jon Watts told CNET about revealing Peter’s identity and bringing Jameson back.”We knew it had to be on TV for the whole world to see. And we were like what, what news outlet would that be that would publish something like this?” he said.”It felt like it would be the Daily Bugle and if it’s the Daily Bugle, it’s gotta be J Jonah Jameson. And once we got to that point, there’s no question in anyone’s mind, it’s gotta be J.K. Simmons.”Watts noted that the actor’s approach to the character was pretty similar to the one he took for the Raimi movies.”But now he’s more recognizable as a real-world person than he was in those films. So I don’t know; it’s kind of interesting to look at how the world has changed around him,” he said in our interview.There’s no buzz cut, no cigar, no suspenders. But for the most part he’s still the spirit of J Jonah Jameson — I wondered like, was he a newspaper man? What’s happened? There are so many questions. Nothing is as it seems with Nick Fury and Maria Hill. Sony Pictures Scene 2: Nick Fury’s vacationWe discover that this movie’s SHIELD Director Nick Fury (Samuel L. Jackson) and Agent Maria Hill (Cobie Smulders) weren’t the Fury and Hill we know and love.Talos (Ben Mendelsohn) and his wife Soren (Sharon Blynn), a pair of shapeshifting Skrulls, pretended to be Fury and Hill. You might remember this couple being reunited during Captain Marvel, which takes place years prior to Far From Home in the MCU timeline.They were working for the real Fury, who ordered them to get the EDITH glasses to Peter. Talos apparently fell for Beck’s ruse too.The real Fury was chilling on a beach … that turns out to be a virtual reality (VR) simulation on a Skrull vessel somewhere in outer space. Perhaps he needed a vacation after being restored to life in Avengers: Endgame. We don’t see the real Hill. Hopefully she’s enjoying a little leisure time too.Turns out Talos (seen in Captain Marvel) plays a major role in Far From Home. Chuck Zlotnick/Marvel Studios What it meansFury and Hill were actually disguised Skrulls for the whole movie, echoing the Secret Invasion comic storyline where Skrulls secretly replaced humans. This is like a benign version of that sinister takeover, but it could foreshadow a future MCU storyline.There are a few hints about that the SHIELD agents aren’t all they seem during the movie too. Fury has an unusual reaction when Peter mentions Captain Marvel.”Don’t invoke her name,” he says.This reverential tone would be out of character for Fury, but is absolutely in character for Talos — she reunited him with his family back in the ’90s. Performances by Jackson and Smulders are a little flat during the movie too; this revelation makes their acting even more impressive.Maybe Talos was responsible for that Fury poster goof too.It does raise the question of what the Skrulls have been doing since the events of Captain Marvel, when they left Earth to search for a habitable planet where their race could live. Maybe even more people have been replaced by the shapeshifters. Earlier in the movie, Talos-Fury also makes a passing mention of “Kree sleeper cells” — in reference to the race that wiped out the Skrull homeworld. He and Soren could be on Earth to hunt the genocidal aliens.Watts wouldn’t reveal too much about any grander meaning behind this scene.”I don’t want to say anything about where we’re going next but, I mean, having seen Captain Marvel and now that the world knows about Fury and the Skrulls and all of that, it’s just another thing to draw from in this crazy, complicated, rich universe that’s the MCU,” he said in our interview. So Far From Home How to watch every Marvel Cinematic Universe film in the right order 2:17 Then Daily Bugle host J. Jonah Jameson (J. K. Simmons) appears on screen to hail Mysterio as “the greatest superhero of all time” and prepares us for more.”But that’s not all, folks. Here’s the real blockbuster — brace yourselves, you might wanna sit down,” he says.Mysterio’s final testimony reveals to the world Peter Parker’s secret identity as Spider-Man, leaving Spidey and MJ understandably shocked. null Far From Home review: A perfect Avengers: Endgame epilogue Spider-Man: Far From Home is the future of the MCU Far From Home poster goof unleashes Samuel L. Jackson’s Fury Share your voice TV and Movies Comics What it meansSpidey’s been outed to the world and framed for murder, meaning his entire life is turned upside down as we head into Phase 4. It’s a dark, stunning contrast to the end of Iron Man, where Tony Stark revealed his own superhero identity to the press and a nice reference to the comics’ Civil War storyline (which saw Peter outing himself at Tony’s urging).The general public’s also been fed Mysterio’s lies about the multiverse — we’ll see how they react to that.J. Jonah Jameson, as he was seen in Sam Raimi’s Spider-Man trilogy. His MCU counterpart doesn’t have the buzzcut. Sony Pictures Even more importantly, this scene marks the glorious return of Simmons as J. Jonah Jameson. He played the cigar-chomping Daily Bugle boss in all three Sam Raimi Spider-Man movies, but those aren’t part of the MCU and this isn’t the same character — note the lack of a buzzcut.From this glimpse, the MCU’s Jameson appears quite different to the Raimi-verse’s traditional angry newspaperman. Here, he’s more of an Alex Jones-type conspiracy theorist (mirroring his role as an angry podcaster in last year’s PS4 game) — one who was willing to paint a bullseye on a teenage boy based on a choppy video. 26 Photos Now playing: Watch this: Tags Originally published July 1.Update, July 8: Adds comments from Jon Watts. Captain Marvel Marvel Spiderman 0 26 Photos
A furniture showroom and a car were gutted as a fire broke out at the showroom in AK Khan Gate area in Chittagong city on Sunday night, reports UNB.Kamal Uddin Bhuiyan, assistant director (acting) of Chittagong Division Fire Service, said that the fire broke out in the showroom named Medalian Furniture around 10:30pm.On information, 11 vehicles of five firefighting units from different fire stations rushed to the spot and doused the flame after one hour of frantic efforts.The fire gutted the furniture showroom and a parked car there.The affected shop owner said that entire showroom, where imported furnitute were showcased, burnt to ashes.The fire halted vehicular movement from AK Khan Gate to Ispahani Rail Gate for one hour due to huge gathering.
Khaleda ZiaAs jailed BNP chairperson Khaleda Zia declined to take treatment at the government’s facilities, authorities may consider her admission at a private hospital if a decision is made as to who will bear costs.Her Bangladesh Nationalist Party on Tuesday said it will bear the expenses required for treatment of the former prime minister at private United Hospital.Saying this, BNP standing committee member Khandaker Mosharraf Hossain urged the government to take Khaleda Zia to the United Hospital in the city’s Gulshan area, without any delay.”Khaleda Zia has fallen seriously ill as the government has not taken adequate measures for her treatment,” he told a press conference at the party’s Naya Paltan central office.After visiting Khaleda Zia in jail on Saturday, member of 4-member personal physicians, FM Siddique told newsmen that Khaleda Zia suddenly fell down on 5 April.She might have suffered a mild stroke, the physician said.Since then, BNP has been demanding that Khaleda Zia be admitted to United Hospitla for her treatment.Already, the family of Khaleda Zia sent a letter to the home minister seeking the ministry’s permission for her treatment at the United Hospital, reports UNB.Shamim Iskander, younger brother of Khaleda Zia, submitted the letter to the home ministry on Tuesday.He mentioned in the letter that that all the expenses of her treatment will be borne by him.Inspector general (Prisons) brigadier general Syed Iftekhar Uddin earlier on Monday said it would require a decision from higher authorities to admit Khaleda Zia at a private hospital.”So Khaleda Zia will be taken to Bangabandhu Sheikh Mujib Medical University (BSMMU) on Tuesday,” he then said.However, Khaleda Zia declined to go to Bangabandhu Sheikh Mujib Medical University (BSMMU).The IG prisons had also said if BNP chairperson Khaleda Zia is admitted to a private hospital, a decision should be taken as to who would bear the cost. BNP leader Mosharraf warned that the consequence would not be good should the treatment of Khaleda Zia be delayed for political vengeance.Khaleda Zia has been kept at an abandoned building of former jail in the city’s Nazimuddin Road area, since her conviction in a graft case on 8 February.
Andrew SchneiderPresident Trump has called NAFTA, the North American Free Trade Agreement, a “job killer” for American manufacturers. It’s a message voters in the industrial Midwest seemed to buy. But with the U.S. now renegotiating the treaty with Mexico and Canada, we found that manufacturers here in Texas are becoming deeply concerned.Daniel Allford is one of those manufacturers. We talked with him on the floor of his factory, ARC Specialties, on Houston’s west side. Allford started the company in his garage in 1983.“My whole life, all I’ve ever done is build things,” said Allford. “When I was a kid, I built catapults, flamethrowers, steam engines, and I’ve always been a computer geek. So if you add manufacturing and computers together, you get robotics.”ARC Specialties now employs more than 50 people to build robots, largely for the oil and gas industry. The company sold few machines to Mexico or Canada its first decade. Then NAFTA came along.“It was quite seamless to me. All I knew was all of a sudden exports became easy and greater quantity. It fluctuates, but last year 30 percent of our business was overseas, and half of that was Canada and Mexico,” said Allford.Allford said those gains came when NAFTA eliminated tariffs on his products, making them cheaper for foreign buyers. So when President Trump threatens to pull the U.S. out of NAFTA if Mexico and Canada don’t agree to revisions, he’s aiming right at Allford’s bottom line. “So far, I can’t say that it’s affected me,” said Allford, “but I’m sure it will if tariffs are placed.”Allford is hardly alone in his fears. Jeff Moseley is CEO of the Texas Association of Business. He recently testified before a Senate subcommittee hearing on NAFTA in San Antonio.“Since 2006, Texas exports of goods to NAFTA signatories have grown 71 percent,” said Moseley. “An undermining of the tariff policies that have allowed that growth would have huge detrimental effects in most sectors of the Texas economy.”Governor Greg Abbott and Senator John Cornyn have made that point to President Trump often. But the message doesn’t seem to be having much effect. Stephen P. Vaughn, general counsel in the Office of the U.S. Trade Representative, testified at the same hearing.“Of course, there are Americans who benefit from NAFTA, and we want to avoid harming them,” said Vaughn. “But USTR must look at trade deals from the perspective of the country as a whole, and from that perspective, there are serious problems with NAFTA.” Vaughn said that over the past decade, the U.S. racked up a $500 billion trade deficit with Mexico and a $100 billion deficit with Canada.George Y. Gonzalez, a partner at the law firm of Haynes and Boone, said that may be true, but it misses the point.“Regional trade was at $290 billion in 1993 among the three countries. In 2016, it’s at $1.1 trillion,” said Gonzalez, arguing that jump in North American trade created more jobs than it cost. “It’s the very opposite of what the rhetoric is, in fact. The implementation of NAFTA has preserved jobs and has maintained a vibrant and competitive U.S. manufacturing position.”Daniel Allford at ARC Specialties said he doesn’t have to imagine what will happen to his sales if the U.S leaves NAFTA. “In the countries that NAFTA doesn’t cover – for example, in Brazil, there’s 40 percent tariffs on my equipment,” he said. “What this means is I have yet to sell a machine to a Brazilian company.”President Trump has set a deadline of March to wrap up the NAFTA talks. Any longer, and they risk bumping up against the Mexican presidential election and campaigning for the U.S. congressional midterms. X To embed this piece of audio in your site, please use this code: 00:00 /03:59 Listen Share
09Jan Rep. Joe Bellino, R-Monroe; audio on pension tax repeal – 0:00:00 / 0:00:00Update RequiredTo play the media you will need to either update your browser to a recent version or update your Flash plugin. playpause playpause playpause Categories: Audio,Bellino Audio,News – 0:00:00 / 0:00:00Update RequiredTo play the media you will need to either update your browser to a recent version or update your Flash plugin. – 0:00:00 / 0:00:00Update RequiredTo play the media you will need to either update your browser to a recent version or update your Flash plugin. Rep. Bellino talks about his legislation, introduced on the first day of the 2019-2020 session of the Legislature, that would repeal the state’s pension tax. Rep. Bellino says Michigan’s economy has improved significantly since the tax was enacted in the early part of the decade.
German cable operators Kabel BW and Unitymedia have unified the pay TV packages they offer to subscribers.Earlier this year Liberty Global completed the merger of the two cable companies that operate in North Rhine-Westphalia, Hesse and Baden-Württemberg. Kabel BW has begun marketing the DigitalTV Allstars package at €15 per month and the DigitalTV Highlights package at €7, bringing its offering in line with Unitymedia’s. The packages replace its Mein TV offering.Kabel BW has also added new channels to its line-up, including RTL Crime, ProSieben Fun, Passion, PenthouseTV, Nautical Channel and Unitel Classica.Like Unitymedia, Kabel BW is also now offering a HD option for €4 that includes ProSieben Fun HD, Kinowelt HD and RTL Crime HD.