Category: grkzzfyh

Ensign shares jump as driller notes lower loss higher revenue in third

first_imgCALGARY – Shares in Ensign Energy Services Inc. closed about eight per cent higher at $5.49 Monday after it reported a smaller loss in its third quarter compared with a year ago, while revenue grew 17 per cent.The drilling company says it lost $32.8 million or 21 cents per share on revenue of $289 million, compared with a loss of $36.5 million or 23 cents per share on revenue of $247 million in the third quarter of 2017.The results closely matched analyst expectations, according to Thomson Reuters Eikon.Ensign, which moved a drilling rig from Canada into the U.S. earlier this year, reported third-quarter revenue from activity in Canada dropped by 11 per cent from last year, while U.S. revenue rose by 30 per cent.Last week, the Petroleum Services Association of Canada predicted a total of 6,600 wells will be drilled in Canada in 2019, down about five per cent from an expected 6,980 wells this year, adding that translates to a year-over-year decrease of up to $1.8 billion in capital spending by exploration and production companies.Calgary-based Ensign had no update on its hostile takeover bid of $470-million in cash for cross-town rival Trinidad Drilling Ltd. it launched in August.Trinidad’s board last month recommended shareholders accept instead an all-shares bid valued at $540 million from Calgary-based Precision Drilling Ltd.Companies in this story: (TSX:ESI, TSX:PD, TSX:TDG)last_img read more

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New Zealand PM Wears Hijab Signs Condolence Book for Mosque Attack

Rabat- “On behalf of all New Zealanders, we grieve together. We are one. They are us,” Jacinda Ardern wrote in a national condolence book for Muslims killed in the terror attack on two Christchurch mosques last Friday, March 15.Ardern was the first to sign the condolence book.On Saturday, March 16, Ardern visited Canterbury Refugee Centre in Christchurch and met the grieving families of the victims, promising to ensure their safety in New Zealand. She also promised to hasten the returning of their deceased loved ones’ bodies to them so they can properly mourn and perform religious burial rites. Muslim families bathe and shroud the bodies of their loved ones and perform prayers.Muslims usually bury their relatives within 24 hours. In the case of the mosque attack victims, their bodies will not be returned until post mortem examinations are carried out.Many New Zealanders showed solidarity with the victims’ relatives, visiting mosques, mourning, and placing flowers on memorials.Photo: ABC News/ Brendan EspositoIn Morocco, the Wydad Casablanca (WAC) football club at the Prince Moulay Abdellah Stadium in Rabat, recited Al Fatiha, the opening surah of the Qur’an, to express support for the families of the victims.The heinous attacks led people to call for a tightening of gun laws, particularly to add more restrictions to the AR-15 semi-automatic rifle used by the main shooter.Read Also: Suspect Opens Fire in Tram in Utrecht, Netherlands, Injures SeveralArden told TVNZ, a New Zealand television channel, on Monday: “What the public rightly are asking right now is why is it and how is it that you are currently able to buy military style semi-automatic weapons in New Zealand, and that’s the right question to ask.”“There are ways we can bring in effective regulation of firearms that actually target those we need to target, and that is our focus,” she said.Last Saturday, one day after the attack, prosecutors in Christchurch charged with murder the Australian national Brenton Tarrant, 28, identified as the main mosque shooter. He will receive additional charges, said the court.Another shooter, 18, was charged on the same day with “intent to excite hostility or ill-will.”Read Also: New Zealander in Netherlands Visits Mosque to Apologize for Attacks read more

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Poll Some younger workers not happy with graying workforce

CHICAGO — A rising share of older Americans is forgoing the concept of a traditional retirement at the age of 65, a trend that some younger workers aren’t particularly thrilled to see.A recent poll by The Associated Press-NORC Center for Public Affairs Research found that workers under the age of 50 were significantly more likely to view America’s aging workforce as a negative development when compared with their older counterparts. About 4 in 10 respondents ages 18 to 49 and 44% of the youngest respondents ages 18 to 29 said they consider the trend to be a bad thing for American workers. Just 14% of those age 60 and over said the same.“I don’t think in things like IT and medicine you’re as effective a worker (at 65 years old) as you are at 50,” says Katie Otting, a 29-year-old living in Southern California. “If some 65-year-old is in a position that he’s not ready to quit because he wants a better pension and there’s someone else ready to take that job, they’re not going to replace him.”An aging population, elevated health care costs and lingering financial uncertainty following the Great Recession all are believed to be contributing to America’s steadily graying workforce. Nearly 20% of Americans over the age of 65 were employed or actively looking for work last year, up from less than 12% two decades prior, according to the Bureau of Labor Statistics.But the increased prevalence of older workers has led some to believe seniors are holding back the country’s economic momentum by remaining in the workforce. Men were slightly more likely than women to cite the aging workforce as a problem for U.S. workers (32% to 27. And about a third (34%) of more affluent respondents earning more than $100,000 annually said the same, slightly more than the 24% of those earning less than $30,000 who said so.By contrast, about 6 in 10 Americans age 60 and over say the trend has actually been a good thing for the economy, compared with 3 in 10 Americans under 30 who think that.About a third of Americans under 50 who have noticed the trend in their own workplace believe the aging workforce has negative implications for their own careers.“One of the myths that’s out there causing younger and older people to butt heads is the idea that ‘Oh, it’s because these older people are on the job preventing me from getting the job I want,’” says Steve Burghardt, a 74-year-old professor of social work at the City University of New York who thinks Americans are “looking for someone younger or someone older to blame” for inequality, job displacement and other economic problems.Research is mixed on the aging workforce’s overall impact on the U.S. economy. Adam Ozimek, a senior economist at Moody’s Analytics, says his prior research efforts have suggested a growing population of older workers can slow productivity and ultimately hamper wage growth for the rest of the labour market.But he says there’s little evidence to suggest that the presence of older workers is “crowding younger workers out of promotions,” noting that many of the workers who would naturally move up and replace positions currently held by baby boomers are not millennials but rather middle-aged members of Generation X.“In anxious times, we look for scapegoats. And old people are a ready scapegoat, especially if you are forced out of having a public presence or are forced (out of a job),” says Ashton Applewhite, a New York-based writer and ageism activist.The idea that older workers are keeping jobs away from younger Americans, preventing them from moving up the corporate ladder into higher-ranking, higher-paying positions, is not a new one. But economists say it doesn’t have much basis in economic reality.“The more of those seniors continue to work, that means they’re also spending. And that spending helps build a rich economy that gives you jobs and lots of opportunities,” says Andrew Chamberlain, chief economist at employment hub Glassdoor.But Chamberlain and Ozimek say it might be easier to believe older workers are holding back their younger counterparts when looking at the economy on a smaller scale. One particular company, for example, may only employ one chief of marketing. Should that person choose to remain in the workforce until he or she is 80 years old, lower ranking employees may perceive a lack of upward mobility.A comparable job may be ripe for the taking elsewhere, Chamberlain says, but it may be at another company or in another city that would require a move that many employees may be unwilling to make.“They feel like their opportunities are only within that firm,” Chamberlain says. “I think it’s just simple confusion. I think people are mixing up (opportunities) just inside one company versus the overall job market.”Meanwhile, many older workers are coming to terms with the fact that they’ll need to remain in the workforce to keep their heads above water or maintain their current lifestyles. Mitch Rothschild, 61, lives and works in New York City and says he expects he is “probably going to have to work until I die.”He says the aging workforce is less of an economic problem and more of a financial reality to which workers of all ages need to adapt.“Hey, look, I wished I’d been skiing in the Alps since I was 40,” he says. “But you think I’m going to stop working a year from now and rely on Social Security for the next 20 years? No.”___EDITOR’S NOTE — Andrew Soergel is studying aging and workforce issues as part of a 10-month fellowship at The Associated Press-NORC Center for Public Affairs Research, which joins NORC’s independent research and AP journalism. The fellowship is funded by the Alfred P. Sloan Foundation.___The AP-NORC Center survey of 1,423 adults was conducted by The Associated Press-NORC Center for Public Affairs Research with funding from the Alfred P. Sloan Foundation. It was conducted Feb. 14 to 18 using a sample drawn from NORC’s probability-based AmeriSpeak Panel, which is designed to be representative of the U.S. population. The margin of sampling error for all respondents is plus or minus 3.7 percentage points.Respondents were first selected randomly using address-based sampling methods and later were interviewed online or by phone.___Online:AP-NORC Center: http://www.apnorc.orgAndrew Soergel, The Associated Press read more

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Peace in Afghanistan crucial for regional stability – Ban

3 November 2011Secretary-General Ban Ki-moon has stressed that establishing peace in Afghanistan will strengthen stability in the entire region and lauded regional efforts to find ways to enhance security in the Asian country as it prepares for the transition with the pull out of foreign forces in the next two years. “It has long been recognized that peace and stability in Afghanistan are essential for peace and stability throughout the region,” Mr. Ban said in a message to a regional conference on Afghanistan convened by Turkey in Istanbul yesterday. “We are all too aware of the many ways in which the prolonged conflict affects not only the Afghan people, but also their neighbours,” said the Secretary-General in a message delivered on his behalf by Staffan de Mistura, his Special Representative for Afghanistan and head of the United Nations Assistance Mission in Afghanistan (UNAMA). He said the conference was an encouraging initiative to strengthen regional cooperation as Afghanistan embarks on the transition process. “Transition is primarily a process by which the Government of Afghanistan will reinforce its sovereignty, ownership and leadership. “The Government has sought to do precisely that during preparations for this conference, by seeking to be not merely the subject but the catalyst. I applaud this vision, this leadership and the efforts to reach out to the country’s neighbours,” he added. Meanwhile, Mr. Ban has urged the international community to reaffirm its conviction that cultural diversity is humanity’s strength and not a weakness. “Cultural diversity is our common heritage. Its protection is an ethical imperative, inseparable from respect for human dignity,” the Secretary-General said in a message yesterday to commemorate the 10th anniversary of the Universal Declaration on Cultural Diversity adopted by Member States of the UN Educational, Scientific and Cultural Organization (UNESCO) a decade ago. “Making the most of cultural diversity calls for new policies of inclusion and participation,” said Mr. Ban. read more

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Last round of talks opens ahead of World Summit for Sustainable Development

Following the official opening on Sunday, government representatives today resumed their efforts to hammer out the draft programme of action to be adopted by the Summit when it convenes at the end of August in Johannesburg, South Africa. The draft text reaffirms the validity of Agenda 21 – a blueprint for sustainable development endorsed by the 1992 UN Conference on Environment and Development, known as the “Earth Summit.” The paper identifies a number of key areas for action, including eradicating poverty, changing unsustainable patterns of consumption and production, and protecting natural resources.Over the course of the session, participants will work to reach consensus on a programme of action that is “deliverable,” according to Emil Salim of Indonesia, Chairman of the Commission on Sustainable Development, which is acting as the preparatory committee for the Summit. In addition, governments will work on a political declaration to be endorsed by heads of State in Johannesburg.In opening remarks to the session, Nitin Desai, the UN Under-Secretary-General for Economic and Social Development and Secretary-General of the World Summit, voiced hope that participants would not adopt the usual UN procedure of “decision by exhaustion,” instead reaching an early conclusion on the draft text. Speaking at a briefing sponsored by the Department of Public Information, Lowell Flanders, a senior official with the Summit secretariat who is following the negotiations on the outcome text, reported that good progress was being made and echoed Mr. Desai’s hope that negotiations could be completed by week’s end.So far, over 2,900 people from 144 countries are attending the preparatory meeting, including 1,156 government delegates, 747 representatives of non-governmental organizations (NGOs) and 134 journalists. read more

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Arms proliferation continues in Darfur but area remains largely calm Security Council

“Most of the insecurity currently experienced in Darfur can be attributed to the tensions originating from the underlying causes of the conflict, exacerbated by the proliferation of arms in the hands of civilians and militia groups,” said Jeremiah Mamabolo, Special Representative and Head of the African Union-UN Hybrid Operation in Darfur (UNAMID). “Inter-communal disputes usually triggered by competition over land, water, livestock and mineral resources, have become increasingly violent due to the availability of weapons,” added Mr. Mamabolo. The Government is carrying out an arms control campaign but reactions to the arms collection campaign “vary,” according to Mr. Mamabolo, who noted that the opposition and groups who did not sign the peace agreement are opposed to it.Briefing the 15-member Council in New York on quarterly developments in the region of Sudan, Mr. Mamabolo noted progress on the implementation of the peace agreement is “limited.” That agreement was signed in 2012 by the Government of Sudan and the Liberation and Justice Movement (LJM), based on the Doha Document for Peace in Darfur (DDPD), which calls for a permanent ceasefire and comprehensive peace agreement to end the fighting. Progress is particularly limited on issues such as “durable solutions to displacement, the administration of land, water, and other scarce resources, and the issue of armed militias,” Mr. Mamabolo said. He also noted that efforts on an inclusive peace agreement by the AU High-level Implementation Panel (AUHIP), with support of UNAMID, remain “inconclusive” due to a stalemate between the Government and one of the parties. “We call upon the Council and those with influence on the parties to stress the importance of a political settlement and desist from bringing more suffering to the very people that they profess to represent,” said Mr. Mamabolo. Among other issues raised, Mr. Mamabolo said that cooperation between the UN and the Government of Sudan has “noticeably improved” with a more open humanitarian environment and faster approval of movements within Darfur and clearance of visas, except for human rights staff. read more

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Pino anchoring Columbus Clippers nohit brigade

Columbus Clippers pitcher Yohan Pino has proven to be the prospect that the Cleveland Indians had been looking for when they acquired him in a trade from the Minnesota Twins in exchange for Carl Pavano.After a win on Sunday, Pino has a team-best 4-0 record this season. He leads the team in strikeouts with 28, and has a 3.68 ERA.Pino began pitching in the Indians’ farm system in September 2009. He has pitched in five games, earning a 6-0 record with the Clippers.Pino features a fastball in the 90 mph range, a curveball that drops down to the mid-70 mph range and a changeup.In a win last Tuesday against the Charlotte Knights, Pino overcame a rough first inning to quiet the Knights’ bats and collect his third win of the season.Jason Donald, second baseman for the Clippers, was pleased with Pino’s performance against the Knights.“Innings like that happen,” Donald said. “He hasn’t had any innings like that in 2010. The whole year, he has kept us in ball games. He’s done a great job, and he’s a guy that deserves the run support that he received tonight. He’ll be the first to tell you that he didn’t have his best stuff tonight, but it was good enough to get through five innings and get to the bullpen to finish it up for us.”Pino had four appearances with the Cleveland Indians during spring training. He had a 1-0 record with a 4.22 ERA, striking out nine batters in 10.2 innings pitched.Pino is still a young prospect at age 26.“If you look at our rotation, there are a lot of young arms including Carlos Carrasco, Hector Rondon, Jeanmar Gomez and Yohan Pino,” Clippers manager Mike Sarbaugh said. “We’ve got some really good-looking young arms in the starting rotation and in the bullpen.”Pino has been impressive since he stepped into the starting rotation with the Class AA New Britain Rock Cats in 2009.Pino has made 18 straight starts without missing an outing with the Rock Cats, Rochester Red Wings and Clippers.In those 18 starts, Pino has a 10-2 record with 100 strikeouts.Pino is one of the Clippers’ three starting pitchers that have pitched a no-hitter. Pino tossed his no-hitter on June 30, 2007, while pitching for the Fort Myers Miracle. Carrasco threw a no-hitter on Aug. 13, 2007 for the Reading Phillies, and Gomez threw a perfect game on May 21, 2009 for the Akron Aeros. read more

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Poll Would you buy cigarettes or alcohol on the black market

first_img Tweet thisShare on FacebookEmail this article Share Tweet Email1 Thursday 16 Mar 2017, 7:00 PM Mar 16th 2017, 7:00 PM By Aoife Barry 18,813 Views http://jrnl.ie/3291671 59 Comments Image: Shutterstock/stockcreations Poll: Would you buy cigarettes or alcohol on the black market? Black market goods can represent a huge loss to the Exchequer.center_img I don’t know (401) Poll Results: THE BLACK MARKET for alcohol and cigarettes in Ireland represents a loss of thousands of euro to the Exchequer each year.Buying items on the black market means that tax and duty aren’t paid – and the quality of the items can even be dangerous.However, that doesn’t appear stop some people from attempting to smuggle in items. For some, the draw to such items is cheaper prices given that the cost of alcohol and cigarettes has risen over recent budgets.Earlier today, Revenue seized over 600 litres of alcohol at Dublin Port, representing a potential loss to the Exchequer of more than €3,000.What about you: Would you buy cigarettes or alcohol on the black market? Image: Shutterstock/stockcreations No (6744) NoYesI don’t knowVote Short URL Yes (4110)last_img read more

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British passports are now being issued without the words European Union

first_img The passports will continue to be burgundy until later this year. Image: PA Images By Rónán Duffy Saturday 6 Apr 2019, 12:09 PM Passports that include the words European Union will continue to be issued for a short period after this date. You will not be able to choose whether you get a passport that includes the words European Union, or a passport that does not.The short period in which both may be issued is due to cost-saving measures, a spokesperson added.“In order to use leftover stock and achieve best value for the taxpayer, passports that include the words ‘European Union’ will continue to be issued for a short period,” the spokesperson said.British passport holder Susan Hindle Barone is among those who have shared images of their new passports without the words “European Union”. TRULY APPALLED. Picked up my new passport today – my old one expires in the next couple of months. See below: Spot the difference! pic.twitter.com/R7BW9lk6I5— Susan Hindle Barone (@SpinHBarone) April 5, 2019 UK PASSPORT OFFICIALS have begun to issue passports without the words “European Union”, despite the country still remaining part of the bloc.The UK was scheduled to leave the European Union last week on 29 March but the departure has been delayed, leaving passport officials in somewhat of a limbo.Passport officials had been planning based on the 29 March date and so the following day was when the change was to be implemented.“Burgundy passports that no longer include the words ‘European Union’ on the front cover will be introduced from 30 March 2019,” HM Passport Office said in guidance on its website. Short URL Share195 Tweet Email2 In a series of tweets, Barone said she was “truly appalled” at the change and told The Guardian that it was “the first tangible sign of us leaving the EU”.HM Passport Office has also been dealing with numerous queries from passport holders about what the presence or absence of the words “European Union” will mean.The officials said the words being on the passport does not make a difference.“There will be no difference for British citizens whether they are using a passport that includes the words European Union, or a passport that does not include the words European Union. Both designs will be equally valid for travel,” the passport office said.The issue of passports has been an ongoing one in the Brexit debate with HM Passport Office confirming in late 2017 that UK passports would be changing to a blue design.The blue passports are to begin being issued from late 2019. 35 Comments 22,631 Views https://jrnl.ie/4580013 Apr 6th 2019, 12:10 PM The passports will continue to be burgundy until later this year. Source: Susan Hindle Barone/Twitter Tweet thisShare on FacebookEmail this article British passports are now being issued without the words ‘European Union’ The change came into effect from 30 March. As the clock ticks down, get all the best Brexit news and analysis in your inbox: Image: PA Imageslast_img read more

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WSUV students help small businesses to succeed

first_imgA decade ago, Mark and Barb Nulph bought a franchise for Pressed4Time, a pick-up and delivery service for dry cleaning and shoe repair. They purchased Clark County Cleaners five years later so they could increase profits by doing their own dry cleaning rather than subcontracting. Then the recession hit and their customer base shrank. The couple found their finances slipping just as they were trying to build a retirement nest egg. Now the Nulphs are getting much-needed help rebuilding their business through a budding Washington State University Vancouver program that links business students with small-business owners. This spring, four WSUV seniors worked on a marketing and promotion plan that could guide the Nulphs in attracting new customers and winning back old ones.Mark Nulph, who spends four days each week on service runs to Clark County homes and businesses, says he expects the student suggestions will speed Pressed4Time’s and Clark County Cleaners’ recovery. “Sometimes companies like mine don’t have extra cash to hire professionals to put together what I hope will come out of this program,” he said.It’s not uncommon for college business students to learn from the examples of local companies, but WSUV hopes its program will benefit the business owners as well as the students. The lofty goal of the program’s leaders is to give a boost to businesses that have the most potential to create more jobs in Clark County, while making the university more relevant to the larger community.last_img read more

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NOW HIRING 10 New Job Openings In Wilmington

first_imgWILMINGTON, MA — Below are some of the newest job openings in Wilmington:Full-Time IT Service Desk Technician at UniFirstFull-Time Sanitation Worker at Stuffed FoodsPart-Time Basketball Trainer at Premier HoopsFull-Time (12-Week) Intern at AramarkFull-Time Deliver Driver at PODS, Inc.Substitute Teachers, Educational Assistants, Nurses & LPNs at Wilmington Public SchoolsPart-Time Delivery Driver at OptimaFull-Time/Part-Time Paving Laborer at Superior Seal CoatFull-Time Executive Management Trainee at NAPA Auto PartsFull-Time CDL Class A Truck Drivers at K&A Express(NOTE: Wilmington businesses — Feel free to send me your job postings at wilmingtonapple@gmail.com.)Like Wilmington Apple on Facebook. Follow Wilmington Apple on Twitter. Follow Wilmington Apple on Instagram. Subscribe to Wilmington Apple’s daily email newsletter HERE. Got a comment, question, photo, press release, or news tip? Email wilmingtonapple@gmail.com.Share this:TwitterFacebookLike this:Like Loading… RelatedNOW HIRING: 10 New Job Openings In WilmingtonIn “Business”NOW HIRING: 10 New Job Openings In WilmingtonIn “Business”NOW HIRING: 10 New Job Openings In WilmingtonIn “Business”last_img read more

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New Business Salmon Skin Wallets Crab Shell Shirts For the Masses

first_imgA small Juneau business launched a Kickstarter campaign this week to crowdsource funds for a unique line of apparel and accessories. Tidal Vision is hoping it’s onto the next big thing: garments sewn from discarded salmon skin and crab shells.Download Audio:Tidal Vision’s salmon leather wallets will retail for about $75. (Photo by Elizabeth Jenkins/KTOO)Craig Kasberg, the founder of the company, pulls out a wallet from his back pocket. It’s a muted jade color, shiny with a slightly bumpy texture.“It’s much different than what you see when you throw a skin away in the garbage when you’re cooking up your dinner or something,” he says.The wallet is made entirely from salmon skin sourced from a processor in Kodiak, and then sewn at a tannery in Washington State.The odor is different than what you might think.“I would say it smells quite similar to any vegetable tanned leather really,” he says.The skin has gone through a 24-step process that dries it out until it turns into leather. The material doesn’t stink because the fish oils have all been removed.“And then replace those with all natural based vegetable tanning oils.”Alaska has a long history with fish leather. Historically, Alaska Natives across the state have used salmon and other fish skins to craft durable garments, bags, boots and other items necessary for village life. These days, a few Native artists continue the time-consuming tradition of processing fish skins.The material was also marketed to tourists and fashion houses in the 1990s until those ventures fizzled. Over the last few decades numerous Alaska entrepreneurs have tried their hand at the fish leather business, prompting speculation that it could be a new cottage industry for the state.Kasberg says the biggest hurdle is convincing consumers byproducts are cool.“When people think of fish waste, they almost plug their nose in reaction. When people haven’t seen it, smelt it, felt it, I think there is a challenge there,” he says.Kasberg owns a gillnetter and has fished commercially in Southeast Alaska for almost a decade. He recently sold his commercial fishing license to help fund the new business.His partner, Zach Wilkinson, has a background in economic development in agriculture. He says the agriculture industry already uses animal byproducts to make high-end items, like shoes and handbags, so why not Alaska fisheries.“Clearly this stuff is valuable and useful and we could be doing something with it,” he says.Some seafood processors sell byproducts for pet food, fish meal and vitamin supplements.“What I’m particularly excited about it is kind of moving those things up the value chain and producing higher value products,” Wilkinson says.Another item Tidal Vision plans to roll out is clothing made from chitosan extracted from crab shells. The fabric is antimicrobial, so it’s perfect for socks, underwear or gym shirts.“We’re still going to recommend you wash your clothes but as far as odor goes, you won’t have to,” Kasberg says.The use of chitosan is common in many industries. It’s usually stripped away from crustacean shells with formaldehyde, but Tidal Vision has a patent pending on a greener, more environmentally friendly method. They’re hoping to eventually expand the product into bandages and other medical supplies.“The sutures that dissolve into your bloodstream are made out of a chitosan,” he says.If the products take off, Kasberg says the business could add an overall boost to revenue for fish processors in Alaska. He would be giving them a dollar a pound for the skins, which he says is 90 percent more than fishmeal manufacturers pay. And that money could trickle down to commercial fishermen who supply the processors, like Juneau fisherman Anthoney Sine.“That would increase our price. That would increase the money that we would be getting on our end,” he says.Sine owns a boat called the Fortune and is preparing for the upcoming gillnet season. He says the price of seafood can fluctuate; alternative revenue streams could provide more stability.“It greases the wheels,” Sine says. “Our seasons are short, especially the salmon season. Being able to get a little more money for my product strengthens my business for sure.”Kasberg’s Kickstarter campaign has already raised more than half of the money it needs to begin mass production. They’re starting with wallets and plan to roll out one item at a time.last_img read more

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Probe body formed over hijacking Biman aircraft

first_imgA five-member probe committee has been formed to investigate into the ‘attempt to hijack’ an aircraft of Biman Bangladesh Airlines, reports UNB.The civil aviation and tourism ministry formed the committee on Sunday night with additional secretary Md Mokabbir Hossain as its head, said a press release.The other members of the committee are – joint secretary Zanendra Nath Sarker, director (Flight Safety & Regulations) of Civil Aviation Authority of Bangladesh Wing commander Chy M Zia UlKabir, director (planning) of Biman Bangladesh Airlines Air Commodore (rtd) Mahbub Jahan Khan, and senior security consultant of CAAB group captain (rtd) MdAlamgir.The committee has been asked to submit its report within five working days.Foiling his alleged bid to hijack a Biman Bangladesh Airlines aircraft, members of joint forces killed a passenger at Shah Amanat International Airport on Sunday evening.last_img read more

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New Florida Law Nixes Need for Autonomous Vehicle Operators

first_img Florida Gov. Ron DeSantis last week signed a bill removing “unnecessary obstacles that hinder the development of autonomous vehicle technology”—including backup drivers.The new law, which takes effect July 1, will allow a self-driving car (meeting all insurance requirements) to run without a human operator.It also exempts occupants from laws against texting and other distractions.“Signing this legislation paves the way for Florida to continue as a national leader in transportation innovation and technological advancement,” DeSantis said in a statement.Flanked by smiling supporters, the governor on Thursday signed House Bill 311 at the SunTrax transportation center, used to test autonomous vehicles.Also in attendance were Republican bill sponsors Sen. Jeff Brandes and Rep. Jason Fischer.Florida Gov. Ron DeSantis signed a bill allowing autonomous vehicle tests with no human operator (via Gov. DeSantis Press Office)“We here in Florida are pioneering the most exciting innovations in transportation,” Fischer said. “This bill on self-driving cars will usher in a new era of smart cities that will not only expand our economy but increase road safety and decrease traffic congestion.”And permit “active display” of TV or video in the car.The Sunshine State isn’t exactly breaking new ground: Last year, the California DMV introduced new regulations allowing automakers to test and deploy fully driverless vehicles.We still have a long way to go, though, before folks can start napping behind the wheel.High-profile accidents—an autonomous Uber struck and killed a pedestrian in Arizona; Tesla’s Autopilot feature was engaged at the time of a fiery Model X crash in California—have left some mistrustful of self-driving cars.Others, meanwhile, are ready and willing to move forward with the unpredictable technology.“Autonomous vehicles are the way of the future and Florida is leading the charge through the research, testing, and development of autonomous vehicles,” according to state Department of Transportation Secretary Kevin Thibault. “And now with this bill signed into law … Florida is ready to lead the nation with this innovative transportation advancement.”Brandes agreed, adding that “With the signing of this legislation we reaffirm our bold commitment to lead the country as we transition to a shared, electric and driverless future.”In February 2018, Ford unveiled a self-driving delivery pilot program that would see autonomous vehicles roaming the streets of Miami—notorious for its traffic congestion.More on Geek.com:U.S. Postal Service Begins Testing Self-Driving TrucksResearchers Teach Autonomous Cars to Predict Pedestrian MovementStudy: Even Self-Driving Cars Are Racist Now Scania Unveils Multi-Purpose Autonomous Vehicle ConceptUber Driverless Cars Return to the Road After Fatal Arizona Crash Stay on targetlast_img read more

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Patterned media technique achieves Terabit data recording densities

first_img This document is subject to copyright. Apart from any fair dealing for the purpose of private study or research, no part may be reproduced without the written permission. The content is provided for information purposes only. Copyright 2011 PhysOrg.com. All rights reserved. This material may not be published, broadcast, rewritten or redistributed in whole or part without the express written permission of PhysOrg.com. The researchers, Joel K. W. Yang, et al., from the Institute of Materials Research and Engineering and the Data Storage Institute at A*STAR (the Agency for Science, Technology and Research) in Singapore, as well as the National University of Singapore, have published their study in a recent issue of Nanotechnology. As Yang explained, the new method pushes the boundaries of hard disk drive recording densities.“Yes, 3.3 Tbit/in2 is one of the highest demonstrations to date,” Yang told PhysOrg.com. “Though there are other non-magnetic patterns that have higher densities, we believe we’ve fabricated and tested magnetic bits that are the most densely packed.”Today’s hard disk drives have recording densities of up to 0.5 Tbit/in2, but improving this density beyond 1-1.5 Tbit/in2 may not be possible using the same granular method. The difficulty stems from two limits. The first is a limit on the minimum number of grains per bit (each bit requires at least a few tens of grains), which is due to the need for a sufficient signal-to-noise ratio. The second limit is the superparamagnetic limit, which limits the minimum grain size. If the grain size is too small, the magnetization state becomes thermally unstable and the grains can no longer store data.In contrast with the conventional method, patterned media (or bit-patterned media) doesn’t face the same limits. Because the magnetic cells are lithographically patterned in ordered arrays, the signal-to-noise ratio is significantly improved, and each individual magnetic cell can serve as a bit. And since the magnetic cells are larger than the grains, they don’t run into the superparamagnetic limit. By overcoming the limitations of granular media, patterned media has the potential for achieving recording densities well beyond 1 Tbit/in2. Some patterned media techniques have even demonstrated original pattern resolutions of up to 10 Tdot/in2 (before the dots become functional bits), but these fabrication techniques rely on pattern-transfer methods such as etching or liftoff that degrade the resolution of the original pattern, and reduce the final density. (a, b) In the first step of the process, tiny pillars are patterned onto a surface. (c, d) In the second step, a magnetic film is deposited onto the posts, turning them into magnetic bits. The 35-nm spacing corresponds to a recording density of 0.6 Tbit/in2. A sample with 15-nm spacing (not shown) corresponds to a recording density of 3.3 Tbit/in2. Image credit: Yang, et al. ©2011 IOP Publishing Ltd More information: Joel K W Yang, et al. “Fabrication and characterization of bit-patterned media beyond 1.5 Tbit/in2.” Nanotechnology 22 (2011) 385301 (6pp). DOI:10.1088/0957-4484/22/38/385301 ‘3-D towers’ of information double data storage areal densitycenter_img (PhysOrg.com) — In an effort to increase the recording densities of hard disk drives, patterned media has become one of the most promising strategies for achieving recording densities beyond 1 Tbit/in2. In patterned media, data is stored in a uniform array of magnetic cells that each contain one bit, rather than in groups of randomly arranged magnetic nanograins in a thin-film magnetic alloy, as in today’s hard disk drives. In a new study, researchers have developed a simplified patterned media method by reducing the number of steps in the process, and have demonstrated high densities from 1.9 Tbit/in2 to 3.3 Tbit/in2, although the latter density still needs to be characterized by higher resolution magnetic force microscopes than were available for the study. Explore further Citation: Patterned media technique achieves Terabit data recording densities (2011, September 6) retrieved 18 August 2019 from https://phys.org/news/2011-09-patterned-media-technique-terabit-densities.html To address the pattern-transfer problem, the researchers from Singapore have developed a patterned media process that doesn’t require any kind of pattern transfer. Their technique consists of just two steps: (1) using electron beam lithography to pattern arrays of dots (or tiny pillars) as small as 10 nm in diameter on a resist material, and (2) using sputtering techniques to deposit 21-nm-thick magnetic films on top of the entire resist material. The magnetic material that lands on top of the nanoposts serves as magnetically isolated bits. By avoiding etching and liftoff processes, the resolution of the final patterns are basically identical to the resolution of the original lithographic pattern.“The etching step could be avoided as the e-beam pattern resist itself, while being an excellent imaging medium for the electron beam, doubles up as a robust material that can be used in hard-disk platters,” Yang explained.Using the new method, the researchers fabricated samples with a patterning density of up to 3.3 Tdot/in2, and scanning-electron microscope images showed that the final magnetic bits maintain the same densities, up to 3.3 Tbit/in2. Because the magnetic bits are physically connected to their neighbors by tiny magnetic links, the researchers had to confirm that the individual bits were still magnetically isolated and that these links did not interfere with each bit’s ability to store data. To do this, they observed the samples under a magnetic force microscope while applying magnetic fields of different strengths to switch individual bits. For samples with densities up to 1.9 Tbit/in2, the microscope showed that individual bits can be switched independently of their neighbors; beyond that, the microscope could not resolve individual bits due to its own resolution limit.“The biggest advantage of this technique is that the final density/resolution of the fabricated bits were kept as close as possible to that of the lithographic step,” Yang said. “If we had introduced pattern-transfer steps such as etching, the maximum achievable resolution would be significantly lower due to pattern degradation during etching. As a bonus, reducing steps also reduces cost and increases throughput, especially when combined with high-throughput processes such as nanoimprint lithography and guided self-assembly.”The researchers predict that higher resolution magnetic force microscope techniques will verify the individual switchability of the bits at 3.3 Tbit/in2. They also predict that the new patterned media technique can enable the fabrication of memories at the highest possible densities (in the range of 10 Tbit/in2). If the electron beam lithography step can be combined with, or replaced by, other scalable patterning methods such as templated self-assembly, the new technique could be used for the large-scale manufacturing of future ultrahigh-density hard disk drives.last_img read more

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Researchers find winds on Uranus and Neptune confined to thin atmosphere layer

first_imgAfter analyzing all the data, the researchers concluded that the winds that blow on both planets, due so in a very thin layer in the atmosphere—no more than 600 miles deep. Because of the large size of the planets, the layers are proportionally very small—just 0.15 percent of the mass of Uranus, and 0.2 percent for Neptune. This suggests, the researchers propose, that the winds are mostly driven by atmospheric and surface conditions (possibly moisture evaporating and condensing) rather than some forces deep inside the planets icy interior.Using gravity to estimate wind conditions on other planets is a new approach, one that will likely be applied to exoplanets now that it appears to have provided useful information about planets closer to home. This is an image from the Voyager 2 flyby of Neptune in August 1989 (NASA). In the middle is the Great Dark Spot, accompanied by bright, white clouds that undergo rapid changes in appearance. To the south of the Great Dark Spot is the bright feature that Voyager scientists nicknamed “Scooter.” Still farther south is the feature called “Dark Spot 2,” which has a bright core. As each feature moves eastward at a different velocity, they are rarely aligned this way. Wind velocities near the equator are westward, reaching 1300 km/h, while those at higher latitudes are eastward, peaking at 900 km/h. Credit: NASA More information: Atmospheric confinement of jet streams on Uranus and Neptune, Nature 497, 344–347 (16 May 2013) doi:10.1038/nature12131AbstractThe observed cloud-level atmospheric circulation on the outer planets of the Solar System is dominated by strong east–west jet streams. The depth of these winds is a crucial unknown in constraining their overall dynamics, energetics and internal structures. There are two approaches to explaining the existence of these strong winds. The first suggests that the jets are driven by shallow atmospheric processes near the surface, whereas the second suggests that the atmospheric dynamics extend deeply into the planetary interiors. Here we report that on Uranus and Neptune the depth of the atmospheric dynamics can be revealed by the planets’ respective gravity fields. We show that the measured fourth-order gravity harmonic, J4, constrains the dynamics to the outermost 0.15 per cent of the total mass of Uranus and the outermost 0.2 per cent of the total mass of Neptune. This provides a stronger limit to the depth of the dynamical atmosphere than previously suggested, and shows that the dynamics are confined to a thin weather layer no more than about 1,000 kilometres deep on both planets.Press release Explore further This document is subject to copyright. Apart from any fair dealing for the purpose of private study or research, no part may be reproduced without the written permission. The content is provided for information purposes only. Jet streams on the planet Neptune. Credit: Yohai Kaspi/ Weizmann Institute of Science/ NASA With the downgrading of Pluto, Neptune and Uranus are now listed as the planet’s in our solar system the most distant from the sun. Because of that, the least is known about them. To date, just one spacecraft has flown close enough to either of them to offer useful information: Voyager 2 back in the 1980’s. Scientists would like to know more of course—of particular interest are the bands of winds that blow at high speeds in the atmospheres of both planets. Are they fueled by mostly atmospheric conditions or by an unknown inner planetary dynamic? No one knows for sure, but work done in this latest effort suggests it’s more likely the former.To learn more about the weather systems going on with both planets, the research team dug up gravity data from the Voyager 2 missions, used current telescopes and created models to help identify the factors that contribute to the wind bands. They focused specifically on each planets’ gravitational field, noting that variations can occur due to a variety of factors. Some of those include the amount of mass beneath a point being measured, how compressed the spherical nature of the planet is due to spin, and the amount of material held in the atmosphere by winds. center_img Computer simulation shows Solar System once had an extra planet (Phys.org) —A team of researchers from the U.S. and Israel has deduced that the winds that blow on Uranus and Neptune are confined to relatively thin atmospheric layers. In their paper published in the journal Nature, the group describes how they used data from Voyager 2, ground based satellites and models to work out the thickness of the weather systems on the two ice giants. © 2013 Phys.org Citation: Researchers find winds on Uranus and Neptune confined to thin atmosphere layer (2013, May 16) retrieved 18 August 2019 from https://phys.org/news/2013-05-uranus-neptune-confined-thin-atmosphere.html Journal information: Naturelast_img read more

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Administration to slap Rs 1001 fine on those spitting inside Dakshineswar skywalk

first_imgKolkata: The North 24-Parganas district administration will slap a fine of Rs 1,001 on those who will spit inside the recently inaugurated Dakshineswar skywalk.The decision was taken after it was found that some visitors had spoiled some pillars inside the skywalk by spitting on them. The skywalk, which is the only of its kind in the country, has been constructed at an estimated cost of Rs 60 crore and was inaugurated by Chief Minister Mamata Banerjee on November 5. Also Read – Rain batters Kolkata, cripples normal lifeThe skywalk, having a length of 340 metres and width of 10 metres, will take the devotees straight to Dakshineswar Temple from the main road intersection. During her inaugural speech, Banerjee requested the visitors and the Dakshineswar temple management to keep the skywalk clean. She had instructed the Kamarhati municipality to engage workers under 100 days work, to keep it clean. But unfortunately, within 24 hours of its inauguration, it was found that some people had spit on the pillars. The photograph was uploaded on social media. Also Read – Speeding Jaguar crashes into Mercedes car in Kolkata, 2 pedestrians killedThe officials of district administration are informing the people about the penalty through the public address system. The devotees welcomed the move taken up by the district administration and said that more stringent action should be taken against the habitual offenders. They said that those who chew tobacco, have a tendency to spit on walls. Senior officials of the district administration said workers will be posted inside the skywalk, who will request people not to spot on the walls or pillars and maintain it properly.last_img read more

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first_imgTechnology | November 30, 2011 ETS-Lindgren Debuts Series of MRI Shielding Products News | Image Guided Radiation Therapy (IGRT) | July 16, 2019 AAPM 2019 Features More Than 40 Presentations on ViewRay’s MRIdian MRI-guided Radiotherapy ViewRay Inc. announced that the company’s MRIdian System is the focus of more than 40 abstracts selected by the… read more Related Content Images of regions of interest (colored lines) in the white matter skeleton representation. Data from left and right anterior thalamic radiation (ATR) were averaged. Image courtesy of C. Bouziane et al. News | Focused Ultrasound Therapy | July 10, 2019 Insightec’s Exablate Neuro Approved With GE Signa Premier MRI in U.S. and Europe GE Healthcare and Insightec announced U.S. Food and Drug Administration (FDA) approval and CE mark for Insightec’s… read more Technology | Interventional Radiology | August 16, 2019 Profound Medical Receives U.S. FDA 510(k) Clearance for Tulsa-Pro Profound Medical Corp. announced it has received 510(k) clearance from the U.S. Food and Drug Administration (FDA) to… read more Technology | Neuro Imaging | August 07, 2019 Synaptive Medical Launches Modus Plan With Automated Tractography Segmentation Synaptive Medical announced the U.S. launch and availability of Modus Plan featuring BrightMatter AutoSeg. This release… read more News | Magnetic Resonance Imaging (MRI) | August 06, 2019 Canon Medical Introduces Encore Orian MR Upgrade Program Canon Medical Systems USA Inc. is helping to provide low-cost patient care solutions for its customers with the launch… read more November 30, 2011 — ETS-Lindgren announced the release of several new products and services related to MRI shielding. They include the next generation of LED lighting for magnetic resonance imaging (MRI) suite applications; a full scale and operational Auto-Seal II (AS-II) shielded door; and the Ferromagnetic Detection System (FMDS).The company’s maintenance-free lighting systems are rated for 80,000 hours of usage and feature simple installation with plug and play connections. Compared to traditional incandescent lighting, the environmentally conscious LED lighting offers brighter images with reduced energy consumption, resulting in energy cost savings over time.The AS-II high-performance shielded door is noted for its lightweight and simple mechanical operation, available with an optional automatic door opener/closer. The product is available in three distinct door configurations: RF-Shielded, Acoustic and Fire-Rated. Each door is distinguished by a pneumatically operated, bladderless, gasketless, fingerless, virtually maintenance-free RF sealing system; this ensures reliability while maintaining ease of use.In addition, the company’s new MRI safety solution – the ferromagnetic detection system (FMDS) – enhances the security and safety around an MRI suite as it pertains to ferrous materials.ETS-Lindgren will display all of the above products in its booth (#3629) at RSNA 2011.For more information: www.ets-lindgren.com FacebookTwitterLinkedInPrint分享 News | Magnetic Resonance Imaging (MRI) | August 01, 2019 | Jeff Zagoudis, Associate Editor FDA Issues Draft Guidance on Medical Device Safety in MRI Environment The U.S. Food and Drug Administration (FDA) issued a new draft guidance titled Testing and Labeling Medical Devices for… read more Feature | Contrast Media | July 18, 2019 | By Greg Freiherr How To Manage Risk in the MR Suite Macrocyclic contrast agents have the best safety profile of all the magnetic resonance (MR) contrast media that are n read more News | Neuro Imaging | August 16, 2019 ADHD Medication May Affect Brain Development in Children A drug used to treat attention-deficit/hyperactivity disorder (ADHD) appears to affect development of the brain’s… read more Two brain metastases from primary lung cancer are contrast enhanced in the brain of a 61-year-old male. Speakers at AHRA 2019 will state that ProHance and other macrocyclic MR agents present a very low risk to patients. Images courtesy of Bracco News | Neuro Imaging | July 05, 2019 Delta T1 Maps Provide Quantitative, Automated Solution to Assess Brain Tumor Burden Imaging Biometrics LLC (IB) a subsidiary of IQ-AI Ltd., is highlighting a recently published study in the American… read more Technology | Contrast Media | July 15, 2019 FDA Approves Bayer’s Gadavist Contrast for Cardiac MRI in Adult Coronary Artery Disease Patients The U.S. Food and Drug Administration (FDA) has approved Gadavist injection for use in cardiac magnetic resonance… read more last_img read more

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The Spanish neuter form lo que makes us loco

first_imgThis one’s going to be a bit tough to explain, but here goes.Spanish has four forms of the definite article, our “the” (el, la, los, las) and four forms of each of the three demonstrative adjectives, “this” and “these” (este, esta, estos, estas), “that” and “those” (ese, esa, esos, esas) and, finally, “that over there” and “those over there” (aquel, aquella, aquellos, aquellas).Right? Well, not exactly. The bad news is that both the Spanish definite article and the Spanish for “this,” “that” and “that over there” have not four, but five forms. There is a neuter form (“el neutro”) for each.This, unfortunately, requires that we distinguish between concrete and abstract or, more specifically, things that can have a definite article and things that cannot. These may be concepts, actions or adjectives acting as nouns.Don’t panic. It’s not as bad as it sounds. Here’s how it works:First of all, you can rely on the fact that every noun in Spanish is either masculine or feminine and, of course, single or plural, and that the articles follow suit: el muchacho, la muchacha, los muchachos, las muchachas. These words are definite articles because they refer to definite nouns: things, people, creatures or ideas, such as el libro (book), la mujer (woman), el perro (dog), la caridad (charity). The neuter article is lo, and it cannot be used before a definite noun because there are no neuter nouns.So when would you use lo? It turns out Spanish can do something English cannot; it can turn adjectives into nouns – indefinite ones – but to do so, it needs lo. Thus, lo is used before singular adjectives acting as nouns (sometimes including possessive pronouns) when they do not refer to a noun that requires an el or a la. For example, “Lo importante es hacer un esfuerzo” (“The important thing is to make an effort,” or “What is important is to make an effort”). Compare this to the sentence “La importante eres tú” (“The important person is you”).Your temptation, of course, will be to say “La cosa importante es …” and it’s not wrong, just not as elegant.Note, then, that if you’re translating into English, there is no literal way to translate lo; you need to supply a noun or noun clause (“the important thing,” “what is important”), depending on the context.Here are some sample sentences with possible translations:–Lo feo de su cara es el nariz. (The ugly part of his face is his nose.)–Lo nuevo es que me casé. (What’s new is that I got married.)–Me gusta lo inglés. (I like English things, or I like what is English. Note here that “Me gusta el inglés” means “I like the English language.”)–Boté lo inútil. (I threw away the useless stuff.)–Puedes quedar con lo tuyo. (You can keep what’s yours.)–Me alegro de lo feliz que estás. (I am glad about how happy you are.)What’s more, when you say, for example, “No lo creo” (I don’t believe it) or “Lo sé” (I know it), you are using a neuter. It may not look like a neuter because lo is also used as a masculine pronoun, but here it doesn’t refer to a definite noun, but rather a statement that has been made earlier or that is understood.Finally, the construction lo que is a neutral relative pronoun. In general, a relative pronoun introduces a clause that provides more information about a noun, as in “the woman who knows.” In Spanish, “que” is most always used: La mujer que sabe. But when the relative pronoun provides more information about an indefinite noun or noun construction, lo que is used instead. Here are some examples:–No sé lo que hagas. (I don’t know what you are doing.)–Papi entendió mal lo que dije. (Daddy misunderstood what I said.)–Lo que quiero es saber más. (What I want is to know more.)–Fabiana no ha llegado, lo que me extraña. (Fabiana hasn’t arrived, which surprises me.)In a sentence such as the last one, you can also use a neutral demonstrative pronoun: Fabiana no ha llegado, y esto me extraña (Fabiana hasn’t arrived, and this surprises me).The Spanish accented demonstrative pronouns éste and ésta (“this”), ése and ésa (“that”), and aquél and aquélla (“that over there”) are used to point at something or someone. The unaccented neuter equivalents esto, eso and aquello end in -o but, as is the case with lo, are used when they do not refer to a single noun that requires an el or a la. Here are some examples of their use:–Algunos dicen que la luna es vacía. No creo eso. (Some say the moon is hollow. I don’t believe that.)–El payaso se cayó en el queque. ¿Te gustó eso? (The clown fell on the cake. Did you like that?)–Mi padre está enojadísimo. No me gusta esto para nada. (My father is really mad. I don’t like this situation at all.)Indefinite demonstrative pronouns can also refer to an unknown object:–Éste es un DVD, pero ¿qué es aquello? (This is a DVD, but what is that over there?)–Ésto es algo que no conozco. (This is something unknown to me.)Whew! So much for the Spanish neutro. I know it’s hard to get at first, but take heart. As the poet Theodore Roethke once wrote, “I learn by going where I have to go.”Originally published on Jan. 11, 2012. Facebook Comments Related posts:El dilema of gender confusion in Spanish Say you, say me: using tú, vos and usted Clubs and organizations in Costa Rica Why aren’t eggs refrigerated at Costa Rican grocery stores?last_img read more

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The Already Short Supply Just Got Shorter

first_imgThe Already Short Supply Just Got Shorter December 21, 2016 564 Views Share If those in the industry were hoping that the National Association of Realtors’ November 2016 Existing-Home Sales report would bring good news as far as housing inventory, it did not happen.NAR reported that the number of existing-homes for sale fell over-the-month in November by 8 percent down to 1.85 million. Over-the-year, inventory is down by 9.3 percent (from 2.04 million in November 2015), and has declined for 18 consecutive months.Not only that, but unsold inventory declined from a 4.3 month supply in October down to a 4.0 month supply in November, according to NAR.“Existing housing supply at the beginning of the year was inadequate and is now even worse heading into 2017,” NAR Chief Economist Lawrence Yun said. “Rental units are also seeing this shortage. As a result, both home prices and rents continue to far outstrip incomes in much of the country.”Realtor.com Chief Economist Jonathan Smoke stated, “Consumers should be aware that the overall supply of homes for sale remains very low, and pent up demand is leading to large jumps in price acceleration. The number of homes for sale is down 11 percent compared to a year ago, and median prices are up 7 percent. On top of that, December is tracking to an even bigger decline.”Smoke continued, “Buyers planning to purchase in 2017 will contend with even more limited supply, while they also race against the prospect of mortgage rates reaching levels we have not seen since 2010. The good news is that rates are rising because of continued economic growth, and many households should see income gains in 2017. However, those gains are not likely to be higher than the combined effect of higher prices and higher mortgage rates.”The news of the even shorter supply of housing did not dampen the headline numbers for existing-home sales, which in November had their best month in nearly 10 years. Existing homes sold at an annual pace of 5.61 million in November, the highest rate since they sold at a 5.79 million clip in February 2007. November’s pace was also an increase of more than 15 percent from the previous November, when existing homes sold at an annual rate of 4.86 million.“The healthiest job market since the Great Recession and the anticipation of some buyers to close on a home before mortgage rates accurately rose from their historically low level have combined to drive sales higher in recent months,” Yun said. “Furthermore, it’s no coincidence that home shoppers in the Northeast—where price growth has been tame all year—had the most success last month.”center_img in Daily Dose, Data, Headlines, News Existing-Home Sales Housing Inventory Housing Supply 2016-12-21 Seth Welbornlast_img read more

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