Category: vckueuhv

Cotton Demand Down

first_imgThe rapid spread of COVID-19 has severely impacted the global cotton supply chain. An unexpected reduction in cotton mill use data is observed across all of the major cotton spinning countries, including China, India, Pakistan, Bangladesh, Turkey and Vietnam.Cotton spinning in China fell by upwards of 90% during the height of the pandemic in that country in early March. The spinning industry in China has begun to recover now but, with the anticipation of a decline in consumer consumption of apparel, the recovery of the spinning industry is limited for the current marketing year.COVID-19 is spreading fast in Turkey, India and Pakistan. Like China, recent travel restrictions in India, Pakistan and Vietnam are likely to have similar impacts on their spinning industry.World retail sales of clothing and textiles have also plummeted. Many “non-essential” businesses, including apparel stores, are closed to slow down the spread of the virus. In addition, with the rising rate of global unemployment, consumers’ use of dispensable income on apparel is also likely to be limited.The forecast for the current year’s world cotton consumption dropped 6.4% (7.6 million bales) in April 2020 compared to March 2020. The current forecast of world cotton demand is at 111 million bales, while the world cotton supply is at a relatively high level of 122 million bales.Global ending stocks are also projected to increase at the third-highest level for the past decade at 91 million bales. With supply outpacing demand and rising global ending stocks, we have seen downward pressure on global cotton prices.U.S. cotton acreage is projected to be nearly unchanged at approximately 13.7 million acres in 2020 after a decline in 2019, according to the U.S. Department of Agriculture’s Prospective Plantings Report. However, the survey was conducted in early March and may not have captured the full effects of the decline in cotton prices since then.U.S. cotton exports are currently forecasted at 15 million bales, down 1.5 million bales from the April forecast. Since the China-U.S. trade dispute, the U.S. lost part of its cotton market share in China. Brazil and Australia have benefited from the loss of market opportunity for U.S. cotton in China.In the global export market, Brazil is becoming the largest competitor for U.S. cotton. U.S. ending stocks for the 2019-20 crop year are expected to increase to the highest ending stocks for the past decade at 6.7 million bales.The decline of global cotton demand, trade uncertainty, increased levels of global competition and economic recession due to the COVID-19 crisis all factor into continued downward pressure for U.S. cotton prices. July cotton futures for old crops closed at 55.84 cents per pound, and new crop December futures closed at 57.52 cents per pound on May 1.For more cotton news from University of Georgia Cooperative Extension, go to ugacotton.com.last_img read more

Contura tries again to offload Powder River Basin coal assets

first_img FacebookTwitterLinkedInEmailPrint分享Casper Star Tribune:Coal company Contura Energy announced Wednesday it had reached a tentative deal with FM Coal to transfer ownership of two idling Wyoming coal mines, the latest development in a bankruptcy case that has rattled coal country for months.The agreement hinges on approval of a federal bankruptcy court and the board of Contura. But if successful, the sale could lead to the reopening of Eagle Butte and Belle Ayr coal mines under a new owner. Eagle Specialty Materials, an affiliate of FM Coal, would operate the mines and assume full liability for the thermal coal mines, including reclamation obligations.The pair of coal mines have been idling since July 1 when bankrupt coal operator Blackjewel filed for Chapter 11 and failed to secure necessary funding to keep the mines operational. The shutdown left hundreds of miners out of work.If the sale closes, Contura says it will pay the newcomer to the basin $90 million in cash. It will also pay Campbell County $13.5 million for unpaid ad valorem taxes. In exchange, Eagle Specialty Materials would settle certain outstanding debts to creditors and assume the $237 million in reclamation bonds associated with the mines.To Clark Williams-Derry, director of energy finance at the Sightline Institute, an environmental think tank, the failure of the mines’ bankrupt owner Blackjewel to secure a new owner nearly three months after the mines initial closure signals trouble for the Powder River Basin — a region where a dozen of Wyoming’s mines operate. “Contura is paying $90 million to walk away from a financial mess,” he said. “These two mines have been hot potatoes and you have to sweeten the pot with extra cash payments. This could signal trouble for the Powder River Basin.More: Contura finds new potential owner for idling Wyoming coal mines Contura tries again to offload Powder River Basin coal assetslast_img read more

Colombia Launches Operation Troy 3 against Criminal Gangs

first_img The Cauca valley is located in the south -(west) of Colombia; El Chocó, in the northwest. On 6 August, Colombian Defense Minister Rodrigo Rivera announced the implementation of Operation Troy 3, intended to combat criminal gangs in northwestern Valle del Cauca and southern El Chocó. The high-ranking official indicated that this new operation seeks to intensify all institutional efforts “to push back, neutralize, and cause the disappearance of that criminal threat.” Estimates are that this operation will be launched in three weeks. This was revealed at a security council meeting held in Roldanillo, Valle del Cauca, where it was explained that this institutional action will take place in the region encompassed by the municipalities of Buenaventura and Roldanillo in Valle del Cauca and Itsmina in El Chocó. “It’s a kind of triangle in which we’re seeing illicit crops, laboratories for producing cocaine, the presence of criminal gang structures and networks of hitmen and micro-traffickers, disrespecting the lives and the values of the good people who live in this region, motivating this reaction of joint and coordinated action by all of the country’s armed services and judicial institutions,” the minister said. Rivera added that the fight against drug trafficking and criminal gangs in the area will be strengthened with the presence of jungle commandos and a unit of mobile paramilitary police squads. Finally, he called on citizens to report crimes and trust the authorities, supplying information that can make it possible to identify the criminals who are assaulting and committing extortion against the region’s inhabitants. By Dialogo August 09, 2011last_img read more

Partner Nation Armed Forces United Against Transnational Crime

first_imgBy Julieta Pelcastre/Diálogo August 01, 2017 Hoping to improve their operational response level, on July 13th members of the Armed Force of El Salvador (FAES, per its Spanish acronym) completed a course on “Tactical Training” and a course on “Planning for and Managing Counter Drug Trafficking.” The training was facilitated by military members from the United States and Colombia and held at the Regional Center on Counter Transnational Organized Crime Training (CRACCT, per its Spanish acronym) in Ilopango, San Salvador. The “Tactical Training” course was attended by 100 Salvadoran troops and taught by 40 members of Task Force Gunslingers, 39th Infantry Brigade Combat Team of the Arkansas Army National Guard. The “Planning for and Managing Counter Drug Trafficking” course, which was attended by 30 Salvadoran troops, was taught by 11 instructors from Colombian Army Special Forces and the Colombian Police Anti-Narcotics Directorate. “Drug trafficking is a threat which has its origin in South American countries and is currently affecting the Central American region,” FAES Colonel Rafael Antonio Díaz Olano, the CRACCT director, told Diálogo. “The training programs give us the opportunity to deepen the bonds of cooperation between the three countries’ armed forces against illegal transnational organizations in the region.” Diversification of training “With this training, we are able to raise the operational skill level of each of the participants to fight the enemy,” Salvadoran Army Corporal Manuel Enrique López, a participant in the “Planning for and Managing Counter Drug Trafficking” course, told Diálogo. The course was attended by Salvadoran military members from commands that support internal security work, as part of the extraordinary combat measures against crime and delinquency. “The Tactical Training course is multifaceted because it helps our people engage in a new field, to have a new vision for their development, and use their skills both on the battlefield and in the field of public security,” Col. Díaz said. “The soldiers trained to be expert shooters.” The personnel also received instruction on leading troops, planning, patrolling, clearance of urban areas, first aid and search operations. Attendees conducted exercises on tactical movement in urban areas and ended with firing range practice. “The elite Colombian unit shared its broad experience on the penetration of coca-leaf cultivation areas, as well as techniques on how to detect, infiltrate and neutralize these crops,” Col. Díaz added. Welcome cooperation “Since 2013, Central American maras and gangs have become very active in drug-trafficking structures, from transporting drugs to money laundering,” José Misael Rivas Soriano, a Salvadoran security analyst, told Diálogo. “These emboldened criminals have evolved from being a simple group to a structure that has a base, hierarchy, territory, and leadership. Currently, among the ranks of Central American maras, there are some university graduates,” he said. Between June 2016 and May 2017, FAES has dealt some heavy blows to drug traffickers, seizing more than 7,600 kilograms of cocaine. It also supported the National Police in joint anti-crime actions. For that purpose, 13,915 military troops were deployed, according to a press release from the Ministry of National Defense. Meanwhile, the Office of the Human Rights Ombudsman of El Salvador indicated in its June 2017 report that 163 maras and gang structures had been dismantled. “The U.S. training always shows how to fight operationally and perform intelligence gathering,” said Rivas. He added that international cooperation with the United States is “welcomed” so that “Salvadoran authorities can fulfill their established objective.” Our two cents against crime Founded in 2014, CRACCT develops educational and training activities geared toward the fight against current and emerging threats that endanger regional and international peace and security. Since its inception, the center has taught military members from within and outside of El Salvador, as well as various civilian components. “On the basis of the needs raised by the military authorities of El Salvador, the U.S. Army has cooperated with CRACCT for the past two years through instruction on how to strengthen the training and increase the troops’ response capacity,” Col. Díaz said. Within the framework of the Central American Armed Forces Conference, this training center develops international seminars so that countries of the region can combine efforts in the fight against the emerging threats that affect them. The “Regional Seminar Against Transnational Crime” will be held in October. CRACCT is working to establish its reputation as a world-renowned training center in the fight against drug trafficking. “We want to add our two cents to counteract this scourge, which has no borders,” Col. Díaz said. “Being at the forefront is the key to preventing our young people and our society from being taken in by these tentacles, and to advance our objectives as a nation,” he concluded.last_img read more

PAF seminar set for May 1 in Ft. Myers

first_img April 1, 2004 Regular News PAF seminar set for May 1 in Ft. Myers PAF seminar set for May 1 in Ft. Myers The Paralegal Association of Florida, Inc. will hold its 27th Annual Spring Seminar at the Holiday Inn Belltower in Ft. Myers May 1.Double-track seminars will be offered in real estate/land use and litigation. Topics and speakers for the real estate/land use track include: “Condominium and HOA Law Update” by William Morris; “Land Use & Zoning” by Patrick White and Jennifer Belpedio; and “Real Estate Fraud” by Thad Kirkpatrick. Topics and speakers for the litigation track include: “Foreclosures and Bankruptcy” by Patricia Potter; “Medical Malpractice from the Plaintiff’s Perspective” by Melvin Brinson III; and “Elderly Exploitation & Abuse” by Christine Greider. Joint sessions include: “Notary Laws” by Kathleen Butler, executive director of the American Society of Notaries and “Ethics for the Paralegal and the Unauthorized Practice of Law” by Frank Rodriguez.Seminar rates are $89 for association members and $99 for nonmembers, and include educational sessions, handout materials, continental breakfast, luncheon, and breaks with exhibitors.For more information on the spring seminar call the Paralegal Association of Florida, Inc., at (800) 433-4352 or visit its Web site at www.pafinc.org.last_img read more

Coram Woman ID’d as Parkway Pedestrian Victim

first_imgSign up for our COVID-19 newsletter to stay up-to-date on the latest coronavirus news throughout New York New York State Police have identified the pedestrian who was fatally struck by three vehicles on the Northern State Parkway in Dix Hills this week.Police said 50-year-old Sheila Robinson of Coram was hit near Deer Park Road, exit 42, shortly after 6 a.m. Wednesday.Police are still investigating to determine why Robinson was walking on the parkway.None of the drivers involved were charged.last_img read more

Several hundred people show support of police in ‘Back the Blue Drive’

first_imgSupporters met Sunday afternoon at Broome County Community College after decorating their vehicles and driving 20 miles, ending in Endicott. Local politicians joined in the event, including Broome County District Attorney Mike Korchak. Claudia Tenney and Joe Angelino, who are both seeking election in November, also attended the drive. BINGHAMTON (WBNG) — Hundreds of people hopped in their vehicles Sunday in a large show of support for police officers in Broome County in what was dubbed the Broome County Back the Blue Drive. Joe Angelino speaks with supporters at Back the Blue rally. (Credit: Joe Angelino for Assembly)Motorcycles parked during Back the Blue rally. (Credit: Joe Angelino for Assembly)Joe Angelino hands out flags at Back the Blue rally. (Credit: Joe Angelino for Assembly)Signs placed near motorcycles at Back the Blue rally. (Credit: Mike Korchak)District Attorney Mike Korchak poses for photo with police supports at Back the Blue rally. (Credit: Mike Korchak)center_img Korchak posted pictures of the crowd on his Facebook page. The Endicott Fire Department shared drone footage by Jeff Crane to their Facebook page as well. The 7-minute video shows police motorcycles and vehicles, sheriff’s deputy vehicles, and other supporters with Blue Lives Matter and American flags participating in the drive.last_img read more

America’s newest extremist threat: ‘Boogaloo bois’

first_imgAfter he was captured, Carillo wrote “boog” on the hood of a car in his own blood, along with “I became unreasonable,” a popular resistance meme in the extreme right.Carillo’s killings marked the rise of the stridently anti-police and anti-authority movement which promotes a “boogaloo” — a new civil war.They came just after the May 30 arrest in Las Vegas of three self-styled “Boogaloo bois” who had assembled weapons and Molotov cocktails with the aim of sparking violence during a Black Lives Matter protest.Other recent cases include a follower in Texas charged on April 11 with making a terroristic threat after he posted a video saying he was going to ambush and murder a police officer.  Aim to cause panic, violence That was the goal in the Las Vegas case. Police followed the three men for weeks with an undercover informant, who reported they first planned to set bombs and fires at government buildings in April during protests against the coronavirus shutdown.The aim was “to set the devices off and cause panic to the police and public…. [They] wanted some kind of confrontation between the police and protestors,” the indictment said.They did not go ahead with that plan, but plotted a similar approach to the Black Lives Matter protests at the end of May.One of the three “was very upset that the protests were not turning violent,” the indictment said. Not organized Boogaloo has been used as a term for insurrection and civil war  for several years by gamers and in underground chatrooms.It comes from the 1984 breakdance movie “Breakin’ 2: Electric Boogaloo,” which mostly white, male, pro-gun, anti-authority followers have twisted into “Civil War 2: Electric Boogaloo.”They are not organized, and the ideology shares followers with  some neo-Nazi and white supremacist groups, as well as with libertarians and anarchists.But they are distinguished by their dislike of police and government authority and their embrace of assault weapons and military tactical vests, sometimes worn over flowery Hawaiian shirts, an inside joke for the group.”Boogaloo is slang for civil/revolutionary war. But the subgroups that use this slang fall into different categories, and they wouldn’t like each other much if they ever tried to actually form a cohesive movement,” said JJ MacNab of George Washington University’s Program on Extremism.”They share jargon, outfits, a love of firearms, and a desire to use violence to gain power, but they don’t actually share a common goal once power is achieved,” she wrote recently. A far-right movement whose followers have appeared heavily armed at recent US protests has suddenly become one of the biggest worries of law enforcement, after one killed two California police officers.Few had heard of the Boogaloo movement before this year. But on Monday the Justice Department charged one of its followers, California Air Force Sergeant Steven Carrillo, with the drive-by killing of an Oakland police officer during the May 29 Black Lives Matter protests.Eight days later, Carillo killed another policeman in an ambush after his van was discovered, laden with weapons and bomb-making materials, near Santa Cruz. Heavily armed They have made themselves known in the past six months, showing up heavily armed at protests against gun control laws, against the coronavirus lockdown, and most recently at the protests against police brutality against African Americans.They mostly connect through social media. In an April study, the Tech Transparency Project found 125 Facebook groups dedicated to boogaloo ideology and tens of thousands of followers, discussing weapons, explosives and tactical strategies against government authority.Many of the groups were created only after the COVID-19 virus began to sweep into the United States and local governments began implementing shutdowns.”Some members appeared to take inspiration from President Donald Trump’s recent tweets calling on people to ‘liberate’ states where governors have imposed stay-at-home orders,” it said.The London-based Institute for Strategic Dialogue said the boogaloo movement sought to hijack the coronavirus pandemic to stir broader conflict.”Discussions of the ‘boogaloo’ are increasingly pivoting towards the ways the COVID19 pandemic provides an opportunity for violence,” it said in a report. A Denver, Colorado boogaloo supporter was arrested on May 1 with pipe bombs ahead of a rally against coronavirus restrictions that he had planned to attend.And also in early May, police arrested members of a heavily armed gang of white men with boogaloo ties in West Odessa, Texas after they confronted a police SWAT team seeking to close a bar that had opened in defiance of pandemic lockdown rules. Topics :last_img read more

​Italian pension fund seeks up to 17 managers to run €4bn

first_imgItalian complementary pension fund Fon.Te has launched a tender process for up to 17 investment managers to take on five and 10-year mandates covering its total assets of some €4bn.The pension fund, which covers employees in the trade, tourism and service sectors, said in an announcement published yesterday that it was looking for managers for its four investment sub-funds, as well as a risk overlay manager.Fon.Te is searching for a maximum of two managers for the guaranteed sub-fund (comparto garantito); up to nine managers for the balanced sub-fund (comparto bilanciato); up to three managers for the growth sub-fund (comparto crescita); and a maximum of three managers for the dynamic sub-fund (comparto dinamico).The guaranteed sub-fund mandates – for a total of around €1.4bn of assets – are for 10 years, while the contracts are to run for five years, according to the announcement. Within the balanced sub-fund, Fon.Te is seeking:two specialist global government bond mandates of an estimated €223m each;one European corporate bond mandate of around €223m;one US corporate bond mandate also worth around €223m;a €290m global equities mandate; andthree global balanced mandates of around €350m each.Within the growth sub-fund, the pension fund intends to award two global balanced mandates of around €80m apiece, while the dynamic sub-fund is to involve two global balanced mandates worth an estimated €70m each.In addition, Fon.Te said it intended to evaluate awarding special risk overlay mandates to a single manager. There were to be three of these mandates, it said: one for the balanced sub-fund worth an estimated €70m; one for the growth sub-fund of around €6m and a third for the dynamic sub-fund worth about €5m.The deadline for questions about completing the questionnaire is noon on 3 July, and the deadline for technical documentation is noon on 9 July. More information is available on the scheme’s website (in Italian).last_img read more

Chelsea join race to sign Real Madrid star

first_imgHowever, the 23-year-old has suitors from across Europe, including clubs from the Bundesliga and Serie A.The argument to stay in Seville is a strong one for Reguilon, who owes a lot of his development as a player to Julen Lopetegui.The Spaniard broke through into the Real Madrid first team under Lopetegui, who is now his boss at Sevilla too. Promoted Content13 kids at weddings who just don’t give a hootCouples Who Celebrated Their Union In A Unique, Unforgettable WayBrother Creates A Phenomenal Dress For His Sister7 Reasons Why You Don’t Get Your Work Done On ScheduleThis Is Hachi, And He’s The Happiest Dog On Instagram7 Universities In The World Where Education Costs Too Much7 Facts About Black Holes That Will Blow Your MindThe Best Cars Of All TimeWho Earns More Than Ronaldo?The Highest Paid Football Players In The WorldYou’ve Only Seen Such Colorful Hairdos In A Handful Of AnimeBest & Worst Celebrity Endorsed Games Ever Made The left-back spent the 2019/20 season on loan at Sevilla, who would like to extend his stay at the Estadio Ramon Sanchez-Pizjuan for another year. Chelsea have joined the race to sign Sergio Reguilon from Real Madrid.Advertisementcenter_img Read Also: Chelsea boss Lampard pays tribute to PedroIf he were to move to Stamford Bridge this summer, Reguilon would join Marcos Alonso as another Real Madrid academy graduate at the club.Furthermore, Chelsea wouldn’t shut the door on a possible return to Los Blancos for Reguilon in the future.FacebookTwitterWhatsAppEmail分享 Loading… last_img read more