Iran says it has found new ‘potential’ oil buyers despite US sanctions

first_img More From Our Partners Brave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comWhy people are finding dryer sheets in their‘Neighbor from hell’ faces new charges after scaring off home Iran says it has found new ‘potential’ oil buyers despite US sanctions Jessica Clark whatsapp Share Iran’s deputy oil minister for trade and international affairs said that none of the countries that were granted waivers have continued to buy oil, Reuters reported.“China, India, Japan, South Korea and other countries that were granted waivers from America to import Iranian oil are not willing to buy even one barrel more from Iran,” Amir Hossein Zamaninia, Iran’s deputy oil minister for trade and international affairs, was quoted as saying by the Oil Ministry’s news agency SHANA.However, without giving details, Zamaninia said: “Despite US pressures on Iranian oil market, the number of potential buyers of Iranian oil has significantly increased due to a competitive market, greed and pursuit of more profit.”The 180-day exemptions were also granted to Italy, Greece, Taiwan and Turkey. by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeBetterBe20 Stunning Female AthletesBetterBeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryZen HeraldEllen Got A Little Too Personal With Blake Shelton, So He Said ThisZen HeraldGive It LoveThese Twins Were Named “Most Beautiful In The World,” Wait Until You See Them TodayGive It LoveTotal PastJohn Wick Stuntman Reveals The Truth About Keanu ReevesTotal PastMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailNoteableyFaith Hill’s Daughter Is Probably The Prettiest Woman In The WorldNoteableymoneycougar.comDiana’s Butler Reveals Why Harry Really Married Meghanmoneycougar.comMedical MattersThis Picture Shows Who Prince Harry’s Father Really IsMedical Matterscenter_img whatsapp Saturday 5 January 2019 12:51 pm Iran is hunting for new buyers for oil after all of the countries that were granted waivers from the US to continue importing have instead complied with sanctions.The US withdrew from a nuclear deal with Iran last year and imposed sanctions on Iran’s oil and banking industry, however it allowed eight countries, including China, India, Japan and South Korea, to continue importing Iranian oil. Tags: Trading Archivelast_img read more

Tununak runway fixed after weeks without air travel

first_imgSouthwest | TransportationTununak runway fixed after weeks without air travelOctober 25, 2017 by Teresa Cotsirilos, KYUK-Bethel Share:The Department of Transportation graded Tununak’s runway several days ago. (Photo courtesy Andrea Pokrzywinski)After nearly three weeks without air travel, Tununak might finally have a functional airport again.The village’s $19 million airport is less than a year old, but shifting permafrost had already buckled and potholed its runway; a third of it was starting to sink.Earlier this month, Ravn Alaska and Grant Aviation both refused to fly to the village, citing safety concerns.As the shelves at the local store ran empty, Tununak residents resorted to driving across the tundra on four-wheelers to Toksook Bay to pick up their groceries and mail.According to Department of Transportation spokesperson Shannon McCarthy, Tununak’s airport should now be fixed.A team of DOT grader operators flew to the village and graded the runway several days ago. Their emergency contractor unloaded rock, gravel and other materials from a barge in the village yesterday, which the team will use to further grade and smooth the area.“Unfortunately this is more settling than expected,” McCarthy said. “But it is the cost of doing business.”Ravn and Grant have yet to respond to KYUK’s requests for comment, and it’s not clear if they’ve officially started flying to Tununak again, but at least one Ravn flight landed safely at the airport earlier this week.Tununak store’s general manager Gloria Kanrilak was on a Monday flight that was scheduled to land in Toksook Bay. She said that the Ravn ticket agent in Bethel warned passengers that the airline still wouldn’t be flying to Tununak, but once they were in the air their pilot took a look at the village’s runway, thought it looked safe, and got permission to make an extra stop.A second shipment of materials is expected in the village on Nov. 1 and McCarthy said that work on the airport should be completed by the end of that week.She added that the permafrost might shift beneath the runway again next spring.Share this story:last_img read more

Where to See July 4 Fireworks In and Around L.A. This…

first_imgThings to DoArts & EventsWhere to See July 4 Fireworks In and Around L.A. This YearPatriotic pyrotechnics extravaganzas are back, babyBy Los Angeles magazine – June 18, 202118ShareEmailFacebookTwitterPinterestReddItThe year 2020 was nearly as memorable for the things that happened as it was for the things that didn’t happen. To keep people from crowding together on rooftops, beaches, and balconies, there was nary a proper fireworks show in all of Los Angeles County last July 4 (of course, there were plenty of illicit displays—it wouldn’t be summer L.A. without them).But now that COVID restrictions have finally been lifted and life is inching back to normal in a post-vax world, many—but not all—of the region’s fireworks displays will be lighting up the sky once again. From the Hollywood Bowl out to Irwindale, here are some opportunities to fill your eyes with pyrotechnics and your nostrils with the sweet smell of sulfur.July 4th Fireworks Spectacular with Kool & the Gang WHERE: Hollywood Bowl, 2301 N. Highland Ave., Hollywood HillsWHEN: July 3 and 4, gates at 6 p.m.WHAT: Pack your picnic baskets and get ready to sing along to “Celebration” this Independence Day with Kool & the Gang’s two-night stand, also featuring Thomas Wilkins and the Hollywood Bowl Orchestra playing some patriotic faves. [More info and tickets]Cinespia Dazed and Confused, Dirty Dancing and Fireworks WHERE: Hollywood Forever Cemetery, 6000 Santa Monica Blvd., HollywoodWHEN: July 3 and 4, gates at 7:15 p.m., movie at 9 p.m.WHAT: The iconic Hollywood Forever Cemetery is hosting back-to-back fireworks shows this Fourth of July Weekend. On July 3, grab some beers and enjoy the cult classic Dazed and Confused on the big screen. On July 4, watch Patrick Swayze and Jennifer Grey have the time of their lives in Dirty Dancing. Stick around after the movie on both nights to take pictures at the free photo booth and watch fireworks light up the sky. [More info and tickets]July 4th at the MarinaWHERE: Marina Del Rey (multiple viewing spots)WHEN: July 4, 9 p.m.WHAT: Fireworks will be shot off from a barge, and can be viewed with synchronized music at Burton Chase Park or Fisherman’s village, or you can watch right from the water by booking a fireworks cruise through City Cruises. The show lasts ten minutes, and they recommend arriving early to get parking. [More info]95th Annual AmericaFest at the Rose BowlWHERE: Rose Bowl Stadium, 1001 Rose Bowl Dr., PasadenaWHEN: July 4, doors at 5:30 p.m., event at 7 p.m.WHAT: Share in Pasadena’s nearly century-old tradition from various locations around the city (like the Colorado Street Bridge), or buy a ticket to check out the festivities from the Rose Bowl’s turf. Details are still coming together, but a VIP package includes a BBQ dinner and a program for the whole family in the lead-up to the fireworks show. [More info and tickets]Jewel City Sparkles Fireworks ShowWHERE: Harvard Street & Brand Boulevard, downtown GlendaleWHEN: July 4, 9 p.m.WHAT: The city of Glendale is hosting a show to kick off the reopening of its downtown hub. View the show for free from any local business or dining location along Brand or Harvard. [More info]Councilman Bob Blumenfield’s July 4th ExtravaganzaWHERE: Warner Park, 5800 Topanga Canyon Blvd., Woodland HillsWHEN: July 4, 6-9:30 p.m.WHAT: Any Beatles fans out there? The District 3 councilman’s extravaganza features Beatles tribute band Ticket to Ride along with the band Illunis, followed by a 15-minute firework show. Local restaurants, arts and crafts vendors, and other businesses will also be around selling their products. Best part: it’s free! [More info]July 2nd Altadena Golf Course Fireworks ViewingWHERE: Altadena Golf Course, 1456 E. Mendocino St., AltadenaWHEN: July 2, 9:30 p.m.WHAT: Want to squeeze even more fireworks into the weekend? The Altadena Golf Course Is offering a Friday night display from its parking lot. [More info]City of Monrovia July 4th Concert and Fireworks ShowWHERE: Monrovia Library Park, 321 S Myrtle Ave., MonroviaWHEN: July 4, concert at 7 p.m., fireworks at 9 p.m.WHAT: The City of Monrovia is hosting its annual fireworks show and concert in Library Park. Check out tunes from both Night Owl and Top 40 Band before the big fireworks show. Also make time for a cruise around the neighborhood to check out the entrants in the city’s patriotic home decorating contest. [More info]Fireworks Spectacular at DisneylandWHERE: Disneyland, AnaheimWHEN: Beginning July 1WHAT: After a COVID hiatus, fireworks will be returning to Disneyland just in time for Independence Day. The show “Mickey’s Mix Magic” will include projections, lasers, and fireworks. If you can’t make it to Disneyland on July 4, the show will continue nightly. [More info]Fireworks Spectacular at the Los Alamitos Joint Forces Training BaseWHERE: Los Alamitos Joint Forces Training Base, 11200 Lexington Dr., Los AlamitosWHEN: July 4, gates at 4 p.m., fireworks at 9 p.m.WHAT: The COVID conscious will appreciate that this drive-up fireworks show includes a health screening upon entry. Food and drinks are available on site, and reservations are required. [More information]Fireworks Over the Ocean in Huntington BeachWHERE: Huntington Beach PierWHEN: July 4, 9 p.m.WHERE: The Surf City’s weekend long Fourth of July celebration and parade will all lead up to the spectacular 1,300-round pyrotechnic show launched right above the pier. Arrive early to snag a fire pit by the beach or get tickets to enjoy the show from the front-row seating area on the pier. [More info]July 3rd Irwindale Speedway Night of Destruction ARCA West PLUS FireworksWHERE: Irwindale Speedway, 500 Speedway Dr., IrwindaleWHEN: July 3, 7 p.m.WHAT: Head to the San Gabriel Valley for a demolition derby in anticipation of the speedway’s biggest firework show of the year. Vendors offer a number of all-American snacks and entrees for the whole family. [More information]July 4th Independence Day Firework Show on CatalinaWHERE: Avalon, Catalina IslandWHEN: July 4, 9 p.m.WHAT: Take a mini vacation to Catalina Island for a day full of festivities—including a golf cart parade and live music—and end the night with a fireworks show over the water. Plus, enjoy an exclusive view of fireworks from Ventura County to San Diego in the distance. [More information]List compiled by Amanda Coscarelli and Courtney WrightStay on top of the latest in L.A. news, food, and culture. Sign up for our newsletters today. TAGSHolidaysFourth of JulyFireworksJuly 4Previous articleAn Elite SoCal Boarding School Acknowledges Decades of Sex Abuse AllegationsNext articleA Valentines Day Meeting at the Abbey Became Forever for This CoupleLos Angeles magazine RELATED ARTICLESMORE FROM AUTHORWhere to Get Easter Brunch in L.A. This YearWhere to Get Passover Dinner in L.A. This YearThe Story Behind a Beloved Los Feliz Christmas Displaylast_img read more

Nicola Horlick: What effects will the fall of oil prices actually have?

first_imgThe precipitous fall in the oil price has resulted in sharp declines in share prices around the world, but the long-term effect of a lower oil price is to reduce the amount of cash in the pockets of oil producers and increase the amount available to consumers to spend.  Overall, this is positive for markets and this will ultimately be reflected in share prices.   Of course, some indices have a greater reliance on resources stocks than others. Some 25 per cent of the FTSE 100 is resource-related, which is why the UK market has been hit particularly hard.   In addition, the UK has a high tax on petrol and so the effect of lower crude prices will not benefit consumers to the same extent as in the US.  Indeed, it is estimated that the annualised benefit to the average motorist in the US from the recent decline in crude prices is $800, the equivalent of a two per cent pay increase. The big question commentators are focusing on now is whether there has been a step change in oil prices.   The current fall in prices has been brought about by two key factors: the weakening Chinese economy and increased levels of oil production in the US, resulting from the use of new technologies (hydraulic fracturing and horizontal drilling).  These two factors have led the International Energy Agency (IEA) to revise its forecasts for 2015: it is now predicting demand for oil will fall by 900,000 barrels per day next year as against its previous estimate of a rise in demand of 1.1bn barrels per day.   At the same time, US production is expected to increase by 685,000 barrels.  This suggests the oil price may have further to fall.  Activity in the futures markets also suggests a bounce is some way off and US oil was trading at just over $57 per barrel on Friday, a fall of 11 per cent this week alone. The response of Opec to this latest oil price crisis has been extremely interesting.  Normally it would have been expected to reduce production in response to price weakness, but at its November meeting it was decided to leave production at current levels.   The head of Opec, Abdullah al-Badri, said its decision was not aimed at any other oil producers.   “Some people say this decision was directed at the United States and shale oil.  All of this is incorrect.  Some also say this was directed at Iran and Russia.  This is also incorrect,” he said.   One cannot help thinking, however, that the decision was firmly aimed at US shale producers. The Economist estimates 15 per cent of US shale producers will lose money if prices remain below $60 per barrel for any length of time and many of those producers are highly leveraged.  This also has implications for the banks that have lent to shale producers and the exact scale of their exposure is unclear. Rapid Chinese growth over the last 15 years has undoubtedly inflated the price of all commodities, including oil.  Andy Xie, a well-respected economist, argues China has been through a fifteen- year super cycle of industrialisation and that growth will now normalize, which will have a long-term impact on oil prices.   He recently said during an interview with CNBC: “When China goes into a normal situation, I think that the oil price will become normal too, so $60 would be the normal price for the next five years or so.”   A knock-on effect of oil price weakness is usually US dollar strength. We have begun to see a strengthening of the dollar over the last few months.  In the 1970s oil crisis, the dollar rose 50 per cent against sterling.  In the 1980s, it rose 40 per cent against a basket of currencies when the oil price was weak and the same was true in the latter half of the 1990s. Recently, the dollar has been affected by quantitative easing (QE), but that has now come to an end and the dollar is in demand again.   This rise is further supported by better than expected US GDP growth.  In the third quarter, the US economy grew at an annualized rate of four per cent and it is the only economy growing faster than expectations among the G10 nations.  It is estimated that lower oil prices have added over 0.5 per cent to GDP growth in the US.  Higher rates of growth mean interest rate rises are in prospect, which will further bolster the US dollar.   Overall, lower oil prices are a good thing for the global economy and under normal circumstances, stock prices should have risen.  However, in the short term, the market has focused on marking down oil and commodity companies and there has been a panic surrounding slower Chinese growth.   There is also the added problem that stock prices looked generally high prior to the decline in oil prices as QE led to higher valuations as liquidity found its way into stock markets.  But the fact is that the recent fall in the oil price has taken $1.3 trillion (£827bn) from oil producers and put it into the hands of consumers. This has to be positive news.   Share Nicola Horlick: What effects will the fall of oil prices actually have? Tags: Oil prices More From Our Partners ‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comBill Gates reportedly hoped Jeffrey Epstein would help him win a Nobelnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comKamala Harris keeps list of reporters who don’t ‘understand’ her: reportnypost.comMark Eaton, former NBA All-Star, dead at 64nypost.comKiller drone ‘hunted down a human target’ without being told tonypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest Wednesday 17 December 2014 9:15 am whatsappcenter_img whatsapp by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeHero WarsThis game will keep you up all night!Hero WarsMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity WeekTele Health DaveRemember Pierce Brosnan’s Wife? Take A Deep Breath Before You See What She Looks Like NowTele Health DaveThe No Cost Solar ProgramGet Paid To Install Solar + Tesla Battery For No Cost At Install and Save Thousands.The No Cost Solar ProgramUltimate Pet Nutrition Nutra Thrive SupplementIf Your Dog Eats Grass (Do This Every Day)Ultimate Pet Nutrition Nutra Thrive SupplementNational Penny For Seniors7 Discounts Seniors Only Get If They AskNational Penny For SeniorsMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryFungus EliminatorIf You Have Toenail Fungus Try This TonightFungus EliminatorElvenarIf You Need to Kill Time on Your Computer, this Fantasy Game is a Must-Have. No Install.Elvenar Emma Haslett Show Comments ▼last_img read more

News / US tech start-up RPA set to disrupt logistics with AI bots

first_imgRPA Labs’ offering will combine in-house processes with customer interaction. It aligns with a transport operator’s ERP, CMS or accounting software to perform tasks ranging from data input to providing quotes, tracking shipments, e-mail response and handling common customer requests.It reads documents and replicates fields into a database, processes invoices into the accounting system, validates and corrects free-form data entry into websites, verifies proof of delivery and uploads documents into legacy ERP systems.It also consolidates social media and chat accounts into one automated system and integrates common customer requests into chat automation.At the core of the system is an extensive library of logistics terms, which is accessed both for data management and customer interaction purposes.According to RPA, about 80% of all customer enquiries can be handled by the system.  For example, if a customer asks for a quote for a shipment from New York to Hong Kong, RPA will ask which mode of transport is required.Issues beyond the scope of the bots are automatically referred to the company’s command centre to deal with. This turns customer service into exception management and frees employees to perform other tasks.“This can shift the mindset of a logistics company from being an 80% operation-heavy company to a 20% operation-heavy company with more focus on customer interaction,” Mr Motsick said.According to him, about 90% of requests for normal business ad hoc quotes are sent via e-mail. Usually, and depending on its set-up, a transport company may take up to two days to process this and send a reply. RPA’s bots deliver a response within 30 seconds.Integrating RPA’s solution is system-agnostic; it can be implemented with any internal system, as it sits on top of it, Mr Motsick said.He reckons carriers are likely the greatest beneficiaries of RPA Labs’ bots, but he also sees benefits for forwarders and 3PLs. The start-up’s first customer is 5 String Solutions, a network of over 100 final-mile carriers in the US. By Ian Putzger 20/08/2019 A US start-up is bringing ‘robotic process automation’ (RPA) to the logistics arena, to speed up repetitive processes and customer interaction to free employees for other tasks.Fledgling technology company RPA Labs wants to harness the nascent technology to facilitate processes in logistics and officially entered the arena today, after a year developing its software bots.Matt Motsick, co-founder and CEO of the San Jose-based firm, described RPA technology as a cousin to artificial intelligence, combining that with with machine learning, natural language processing and data management to automate processes.“Robotic process automation has already taken root in other industries, like financial services,” he explained.“It’s a perfect time for RPA to disrupt the logistics industry, given the amount of paperwork, documentation and around-the-clock customer interaction that global transport requires.”Mr Motsick has a track record of involvement with the logistics industry. He co-founded freight management software provider Catapult International in 2007, which was acquired by Mercator eight years later.His partner and chief technology officer, Suraj Menon, has designed software for the likes of PayPal and Allcargo Logistics and holds multiple patents.last_img read more

FTC rules that a pay-to-delay deal was meant to thwart competition

first_img By Ed Silverman April 1, 2019 Reprints Alex Brandon/AP [email protected] GET STARTED Daily reporting and analysis The most comprehensive industry coverage from a powerhouse team of reporters Subscriber-only newsletters Daily newsletters to brief you on the most important industry news of the day STAT+ Conversations Weekly opportunities to engage with our reporters and leading industry experts in live video conversations Exclusive industry events Premium access to subscriber-only networking events around the country The best reporters in the industry The most trusted and well-connected newsroom in the health care industry And much more Exclusive interviews with industry leaders, profiles, and premium tools, like our CRISPR Trackr. In a notable development, the Federal Trade Commission reversed a ruling by an administrative law judge who last year maintained that a so-called pay-to-delay deal between Impax Laboratories and Endo Pharmaceuticals (ENDP) was not anticompetitive.In doing so, the agency is not only reinforcing a 2012 U.S. Supreme Court ruling that found these agreements could be scrutinized for antitrust violations, but it is also buttressing a litmus test for determining when a pay-to-delay deal may be problematic (here is the decision). FTC rules that a pay-to-delay deal was meant to thwart competition Pharmalot STAT+ is STAT’s premium subscription service for in-depth biotech, pharma, policy, and life science coverage and analysis. Our award-winning team covers news on Wall Street, policy developments in Washington, early science breakthroughs and clinical trial results, and health care disruption in Silicon Valley and beyond. Unlock this article — plus daily coverage and analysis of the pharma industry — by subscribing to STAT+. First 30 days free. GET STARTEDcenter_img Log In | Learn More Tags drug pricinglegalpharmaceuticalsSTAT+ @Pharmalot What is it? Pharmalot Columnist, Senior Writer Ed covers the pharmaceutical industry. About the Author Reprints Ed Silverman What’s included?last_img read more

Body has been found in Laois

first_img Community Previous articleIn Pictures: Festive spirit as lights go on in TimahoeNext article‘We want to do better as a county, that’s why we come back every year ,’ Laois forward Foyle speaks about ambitions for 2019 championship LaoisToday Reporter By LaoisToday Reporter – 4th December 2018 Twitter WhatsApp Community Facebook A body has been discovered in Laois.According to Midlands 103, Gardaí were called just after 9 o’clock this morning.Remains had been found near Portlaoise and a postmortem will take place in Portlaoise Hospital.Straboe’s wooded area has been sealed off.Straboe is located between Mountmellick and Portlaoise, near Eyne.No more details have been given as of yet.More details to follow.SEE ALSO – REVEALED: Where Laois secondary school students are most likely to go to college Pinterest Home News Community Body has been found in Laois NewsCommunity New Arles road opens but disquiet over who was invited to official opening center_img WhatsApp Body has been found in Laois Pinterest Council Charlie Flanagan on Electric Picnic: ‘I’d ask organisers to consult with community leaders’ RELATED ARTICLESMORE FROM AUTHOR Twitter Facebook Laois secondary school announces scholarship winners for new academic yearlast_img read more

A Time to Harvest Wealth for the Lucky Few

first_imgNews News There are signs that North Korea is running into serious difficulties with its corn harvest Entire border patrol unit in North Hamgyong Province placed into quarantine following “paratyphoid” outbreak RELATED ARTICLESMORE FROM AUTHOR Facebook Twitter News A Time to Harvest Wealth for the Lucky Fewcenter_img SHARE By Yoo Gwan Hee – 2010.10.22 4:04pm News AvatarYoo Gwan Hee North Korea’s autumn harvest officially began on September 20th. As a result, North Korean cooperative farms are in the midst of the annual war with food thieves. Among the rice paddies and farms owned by the North Korean state and private civilian farmers, one can see not only workers busily gathering the crops manually in the absence of agricultural machinery, but also guards charged with protecting the harvest from thieves.Guards were introduced to North Korean farms at the dawn of the 1990s. As the Public Distribution System began to collapse, the appearance of people stealing corn and rice from cooperative farms was inevitable, and so were efforts to stop them. Of course, the guarding of private land is the more diligently accomplished; making cooperative farms the better target for thieves. As it is with cooperative farming, so it is with cooperative farm guarding; no incentives, less effort, and this has led to a complex system of bribery and corruption. In 1994, the North Korean authorities issued a warning whereby trespassing on national property would be severely punished. Then, faced with an unchanged situation, in 1996 they enacted official measures to protect the crops on cooperative farm by forming community watch guard units.Among these, there are three main types of guard unit. Firstly, there are military units. Secondly, there are units formed by workers who have influence at the top of the farm. Third, there are groups organized by the local People’s Safety Ministry (PSM). All officially pursue the same objective of guarding the nation’s property, yet the reality is very different.Soldier security units are composed of soldiers belonging to “April 5th Inspection Unit”, which is similar in role to the Military Police; they deal with criminal issues between the military and civilians, oversee crackdowns and manage criminality within the military. They begin guarding agricultural facilities from July, when the harvesting of tomatoes or cucumbers begins.Their work is done through checkpoints erected on roads or rivers connecting farming areas and cities. They control the flow of agricultural products moving into urban areas and check the source of the products being transported.Members of “April 5th Inspection Unit” have are responsible for recovering agricultural products being illegally traded without the approval of farm management committees and returning them to the farms.However, it goes without saying that bribery impedes the success of this system. When a soldier recovers agricultural products and simply returns them to the farm, it ends with a warm thank you, which is considered somewhat insufficient.Meanwhile, farm community watch guard units are formed by the farms from farm workers, but only farm workers with connections at the top tend to take part. They begin their activities from the middle of August, when the first corn is harvested. Usually, three people form a group and guard the crops one night in three. They work from the time farm workers get off work until the beginning of the next day.However, they are no less corrupt than the soldiers. This is understandable, however; even if they work hard throughout the year, the amount of food distributed to them at the end of the year is small, so they augment their share while the opportunity is there.There are a number of ways they can do this. In a lot of cases, members of community watch guard units make a deal with the thieves, which helps them control the level of stealing and also benefit from it. This makes sense; if thieves steal too much, those on guard duty will face censure.So, they stand on night guard duty as a group of three; thieves prepare alcohol, cigarettes and some snacks for the night, and sometimes a cash sweetener. Currently in North Korea, a farm community watch guard can be bought for approximately 10,000~15,000 won this way.However, there are some guards who want to make a greater profit. They do this through higher level corruption. In order to purchase vegetables from a farm, a sales docket is required. Therefore, first a buyer makes a deal with the relevant official on the farm management committee and acquires a 50kg sales docket for, let’s say, cucumbers. However, they then go to the cucumber field of the farm and are given 150kg. The market price for cucumber was 1,200 won per kilogram in Hyesan market in August. Therefore, if 150kg of cucumber were sold in the market, the seller could earn 180,000 won. After paying 450 won to the state (the state price is nine won per kilogram) to the cooperative farm for the 50kgs, the other 179,550 won is shared between the farm manager, the buyer and the community watch guard unit.Worker community watch guard units under the neighborhood PSM office are no different from farm community watch guards. They also try to take advantage of farm guarding duties. Therefore, the North Korean harvest comes in at far less than the estimates of the North Korean authorities. Not only is the estimated harvest exaggerated, but crops are also stolen due to the corruption of farm officials and related personnel. North Korea tries to accelerate building of walls and fences along border with Chinalast_img read more

Completed Ski Resort On Display

first_imgNews News By Daily NK – 2014.01.03 7:16pm SHARE Completed Ski Resort On Display RELATED ARTICLESMORE FROM AUTHOR Entire border patrol unit in North Hamgyong Province placed into quarantine following “paratyphoid” outbreak News center_img AvatarDaily NKQuestions or comments about this article? Contact us at [email protected] Facebook Twitter News ▲This image of the completed Masikryeong Ski Resort appeared in the January 3rd edition of the Rodong Sinmun. “An all-inclusive area for physical activity during the winter season has been prepared, in which our people and youth may enjoy the benefits of Socialist civilization to their heart’s content,” it was written. (ⓒRodong Sinmun) There are signs that North Korea is running into serious difficulties with its corn harvest North Korea tries to accelerate building of walls and fences along border with Chinalast_img read more

Stop Liberal Government’s Omnibus IR Bills

first_imgStop Liberal Government’s Omnibus IR Bills The Morrison Government’s proposed Omnibus Bill will leave Australian workers worse off at a time when they can least afford it. It tips the balance of our industrial relations system in the favour of employers – and will lead to less workplace rights as well as cuts to our pay and conditions.Help us stop the Bus. our flyer for your workplace here /Public Release. This material comes from the originating organization and may be of a point-in-time nature, edited for clarity, style and length. View in full here. Why?Well, unlike many news organisations, we have no sponsors, no corporate or ideological interests. We don’t put up a paywall – we believe in free access to information of public interest. Media ownership in Australia is one of the most concentrated in the world (Learn more). Since the trend of consolidation is and has historically been upward, fewer and fewer individuals or organizations control increasing shares of the mass media in our country. According to independent assessment, about 98% of the media sector is held by three conglomerates. This tendency is not only totally unacceptable, but also to a degree frightening). Learn more hereWe endeavour to provide the community with real-time access to true unfiltered news firsthand from primary sources. It is a bumpy road with all sorties of difficulties. We can only achieve this goal together. Our website is open to any citizen journalists and organizations who want to contribute, publish high-quality insights or send media releases to improve public access to impartial information. You and we have the right to know, learn, read, hear what and how we deem appropriate.Your support is greatly appreciated. All donations are kept completely private and confidential.Thank you in advance!Tags:Australia, Australian, Download, Government, Maritime Union of Australia, maritime workers, Morrison, Morrison Government, shipping industrylast_img read more