EU in clamp down over trading rules

first_img Tags: NULL Show Comments ▼ Share Thursday 2 December 2010 8:33 pm Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofNew England Patriots’ Cam Newton says no extra motivation from Mac Jones’SportsnautHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofTortilla Mango Cups: Recipes Worth CookingFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family Proof KCS-content whatsapp EU in clamp down over trading rules whatsapp A CRACKDOWN on Europe’s share, bond and derivative markets has been proposed by the European Commission as it believes current market regulation needs updating.Private trading platforms in banks should be more transparent and regulated directly, a draft consultation on the EU’s Markets in Financial Instruments Directive (MiFID) obtained yesterday shows. The paper says the directive requires “significant extensions” as part of global efforts under the G20 “to tackle less regulated and more opaque parts of the financial system.” It calls for tougher regulation of trading facilities, technologies and methods of execution to tackle the increasing complexity of markets and diversity in financial instruments. It wants to tackle trading inside banks or brokers, which exchanges have criticised as too opaque, proposing “a new sub-regime for crossing systems within the family of organised trading facilities,” covering equities and other financial instruments.Derivatives contracts that can be centrally cleared and are “sufficiently liquid” should be traded on an electronic platform such as an exchange, a multilateral trading facility (MTF) or a new category of trading platform to be defined, it said. “At a minimum this would imply that trading on exchanges and electronic platforms becomes the norm when the market in a given derivative is suitably developed,” it said. The proposed changes are similar to recent US legislation to improve market transparency. There is also a backlash against automated high-speed trading, which can threaten “the orderly functioning of markets,” and against high-frequency trading. It proposes a specific regime for automated trading and requirements such as risk controls.The EC should release the final document next week when the two-month consultation period begins. last_img read more

Scottish Mortgage isn’t the only trust I’d buy for exposure to NASDAQ tech stocks like Amazon and Tesla

first_imgSimply click below to discover how you can take advantage of this. Enter Your Email Address Image source: Getty Images Baillie Gifford’s Scottish Mortgage Investment Trust (LSE: SMT) has had a great run in 2020. Year to date, the FTSE 100-listed trust is up about 55%. The reason this trust has done so well is it has exposure to leading NASDAQ-listed technology companies such as Amazon and Tesla, many of which have performed very well this year.Scottish Mortgage isn’t the only FTSE-listed investment trust that’s performed well in 2020, due to exposure to exciting NASDAQ-listed technology companies though. Here, I’ll highlight three other growth-focused trusts that have delivered excellent returns for investors recently. 5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…Baillie Gifford US Growth TrustScottish Mortgage – which is Baillie Gifford’s flagship investment trust – seems to get all the attention when it comes to growth-focused trusts.However, what’s interesting is that Baillie Gifford actually has a smaller growth-focused trust that has outperformed SMT recently. It’s called the Baillie Gifford US Growth Trust (LSE: USA).This trust, which as its name suggests, is US-focused (SMT is global), aims to invest in growth companies that the portfolio manager believes have significant potential. Top holdings currently include the likes of Shopify, Amazon, Tesla, and Wayfair.This trust was only launched in 2018, so it doesn’t have a long-term track record. Yet since its launch, it’s performed very well. Year to date, it’s up about 60%. With that kind of performance, I think it’s worth a closer look.Ongoing charges are 0.77% per year versus 0.36% for SMT.Allianz Technology TrustAnother tech-focused investment trust that’s performed very well recently is the Allianz Technology Trust (LSE: ATT). It actually outperformed Scottish Mortgage last year, returning 35%, versus 25% for SMT.This trust invests with a global focus, as SMT does. Managed by the highly-experienced AllianzGI Global Technology team, it aims to invest in stocks that have the potential to be tomorrow’s Apple, Google, or Microsoft. It’s goal is to identify major trends ahead of the crowd, and hold companies that’ll create shareholder value with the introduction of new technology. Top holdings currently include the likes of Apple, Microsoft, Crowdstrike, and MongoDB.Like Scottish Mortgage, this trust has a 5-star rating from Morningstar. For those seeking a pure technology-focused trust, I think it has a lot of potential.Ongoing charges are slightly higher than SMT at 0.93% per year.Smithson Investment TrustFinally, take a look at Smithson (LSE: SSON). This is a small- and mid-cap-focused global equity trust run by the team at Fundsmith. This trust has a large weighting to the US (46% at 30 June) as well as a large weighting to the technology sector (40% at 30 June).This is another trust that hasn’t been around for that long. It launched in October 2018. However, since then, it’s done pretty well. Last year, for example, it returned 30%, outperforming Scottish Mortgage by about 5%.What I like about this particular trust is its focus on smaller, more under-the-radar companies. It doesn’t go for the Amazons and Teslas of the world. Instead, it invests in companies such as medical technology company Masimo and machine vision specialist Cognex. This makes it more unique and means it can help you diversify your portfolio more effectively.Overall, I think this is a great little growth-focused investment trust that offers something different.Ongoing charges are 0.9% per year. Edward Sheldon owns shares in Scottish Mortgage, Smithson, Apple, Microsoft, and Alphabet. John Mackey, CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool’s board of directors. Suzanne Frey, an executive at Alphabet, is a member of The Motley Fool’s board of directors. Teresa Kersten, an employee of LinkedIn, a Microsoft subsidiary, is a member of The Motley Fool’s board of directors. The Motley Fool UK owns shares of and has recommended Alphabet (C shares), Amazon, Apple, Microsoft, Shopify, Tesla, and Wayfair and recommends the following options: long January 2022 $1920 calls on Amazon, short January 2021 $115 calls on Microsoft, long January 2021 $85 calls on Microsoft, and short January 2022 $1940 calls on Amazon. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. “This Stock Could Be Like Buying Amazon in 1997” Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge!center_img See all posts by Edward Sheldon, CFA Our 6 ‘Best Buys Now’ Shares Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. Edward Sheldon, CFA | Tuesday, 7th July, 2020 | More on: ATT SMT SSON USA I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Scottish Mortgage isn’t the only trust I’d buy for exposure to NASDAQ tech stocks like Amazon and Teslalast_img read more

Is a self-invested personal pension (SIPP) right for me?

first_img Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. Kirsteen Mackay | Tuesday, 30th March, 2021 A self-invested personal pension (SIPP) is an alternative way to save for retirement. However, it’s not suitable for everyone. But, as someone who wants to take ownership of my financial future, I think it looks a great way to invest in shares and build wealth.Why invest in a SIPP over an ISA?A SIPP has a few benefits over an ISA when investing for retirement. First, I can’t access my SIPP savings without penalty prior to reaching retirement age. This is a great way to save without being tempted to dip into my pot.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…Second, a SIPP can provide an element of tax relief. The money I pay into an ISA or SIPP has already been taxed through PAYE or self-assessment. When withdrawing money from an ISA, it’s all mine. But I’ll be taxed when withdrawing from a SIPP. That’s because, whatever I pay into my SIPP, the government will top up each month by at least 25%. When withdrawing from my SIPP, I can take the first 25% tax free. The rest of my withdrawals will be taxed as income. Of course, I don’t have to pay £40k a year into my SIPP, I can contribute a maximum of 100% of my income. If I pay more (such as an unexpected windfall) I won’t receive tax relief on anything above this contribution limit. However, I won’t have to pay capital gains tax on any profits made from my investments. Best of all, earning dividends on the stocks I own, can really help build my final pension pot.The limit to invest in a SIPP is higher than an ISA. This is currently £40k for a SIPP and £20k for an ISA each year. However, high net worth individuals need to be aware of overall pension limits and variations in claimable tax depending on personal wealth and circumstances.Why invest?Investing offers a way to accumulate exponential wealth thanks to the power of compounding. Company pensions and hedge funds use investing to do just that. By investing in stocks that pay regular dividends or funds with a decent interest rate, I can quickly see my wealth accumulate.Best of all, it gives me full control over my investments. By opening a SIPP, I can be the fund manager of my own money.As an example, if I invest £300 a month into a SIPP for 30 years, at a 5% annualised return. I’ll end up with over £244,612. Without the compounding effect, I’d have saved £108,000. So the interest earned makes a massive difference, in this case £136,612.If I’m really savvy about my investments and achieve a 10% annualised return, the final sum increases to £618,852, an interest bonus of £510,852.Changing the monthly contribution, the time invested or the interest rate will affect the final sum and, of course, none of those amounts are guaranteed.What are the risks?Experienced money managers who invest for a living manage company pensions. In theory, this should prepare them for any eventuality and hedge my funds against major loss. However, Neil Woodford’s fund mismanagement left many investors out of pocket and proved the exception to the rule.When self-managing, I need to be confident in my investments. That means monitoring market movements. This can be a lot of work and not everyone has the time.Investing carries risk, because the value of stocks can go up or down. And rules around pensions and tax can change depending on the government in power and the global economy.Yet overall, I think investing is a rewarding and interesting pastime, so managing a SIPP appeals to me. I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. FREE REPORT: Why this £5 stock could be set to surge Is a self-invested personal pension (SIPP) right for me? Are you on the lookout for UK growth stocks?If so, get this FREE no-strings report now.While it’s available: you’ll discover what we think is a top growth stock for the decade ahead.And the performance of this company really is stunning.In 2019, it returned £150million to shareholders through buybacks and dividends.We believe its financial position is about as solid as anything we’ve seen.Since 2016, annual revenues increased 31%In March 2020, one of its senior directors LOADED UP on 25,000 shares – a position worth £90,259Operating cash flow is up 47%. (Even its operating margins are rising every year!)Quite simply, we believe it’s a fantastic Foolish growth pick.What’s more, it deserves your attention today.So please don’t wait another moment. See all posts by Kirsteen Mackay Image source: Getty Images For regular stock market investing ideas and help choosing the best shares to buy now, sign up to The Motley Fool today. Enter Your Email Address Simply click below to discover how you can take advantage of this. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. Get the full details on this £5 stock now – while your report is free. Our 6 ‘Best Buys Now’ Shareslast_img read more

Indiana Popcorn Yields Set Record in 2016

first_img It was a record setting year for yield and production in 2016, according to Greg Matli, State Statistician for the USDA NASS, Indiana Field Office. In 2016, 94,000 acres of popcorn were planted in Indiana, up 9,000 acres from 2015. A total of 93,000 acres were harvested, also up 10,000 acres from last year. The average yield was a record high 48.0 cwt per acre, up 11 cwt from 2015. Total production was also a record high 4.46 million cwt, up 45 percent from a year ago. The average price was $16.00 per cwt, down $0.50 from the previous year.The crop value was $71.424 million dollars, up 41 percent from 2015. Some producers were concerned about wet conditions at the beginning and middle of the growing season, but higher than normal temperatures and a drier than normal end to the season brought a record setting year for the yield and production of popcorn.Source: NASS Indiana Popcorn Yields Set Record in 2016 Home News Feed Indiana Popcorn Yields Set Record in 2016 Facebook Twitter Facebook Twitter By Hoosier Ag Today – Jan 24, 2017 SHARE SHARE Previous articleUS Ethanol Production Breaks Record for Third Consecutive WeekNext articleWith TPP Withdrawal Trump Signals New Era of Trade Deals Hoosier Ag Todaylast_img read more

Cllr McGowan hits out at Sinn Fein for confirming cross-border project

first_img Pinterest Twitter WhatsApp RELATED ARTICLESMORE FROM AUTHOR Twitter Google+ News By News Highland – February 9, 2011 Previous article4500 predicted to emigrate from DonegalNext articleNominations close for General Election 2011 News Highland Facebook Almost 10,000 appointments cancelled in Saolta Hospital Group this week Facebookcenter_img Business Matters Ep 45 – Boyd Robinson, Annette Houston & Michael Margey Pinterest Donegal County Councillor Patrick McGowan has hit out at Sinn Fein for confirming that a cross-border initiative has been granted €4 million in EU funding.Councillor McGowan says this annoucement was premature, although he believes the initiative will go ahead eventually.The Stranorlar based councillor says there is half a million euro shortfall at the minute for the project.He also said that Sinn Fein shouldnt be taking for credit for something they had no involvement in:[podcast]http://www.highlandradio.com/wp-content/uploads/2011/02/pmc1pm.mp3[/podcast]Donegal Mayor and Sinn Fein Councillor Cora Harvey says Sinn Fein is not taking credit for anything, and the joint statement issued by the Donegal and Strabane councillors acknowledges the cross border and cross party commitment to the Riverlinks project.On the issue of money, funding was confirmed to Strabane District Council last night, and she says it’s ironic that Fianna Fail are scolding Sinn Fein about announcing projects prematurely……..[podcast]http://www.highlandradio.com/wp-content/uploads/2011/02/cora530.mp3[/podcast] Guidelines for reopening of hospitality sector published LUH system challenged by however, work to reduce risk to patients ongoing – Dr Hamilton WhatsApp Calls for maternity restrictions to be lifted at LUH Three factors driving Donegal housing market – Robinson Cllr McGowan hits out at Sinn Fein for confirming cross-border project Google+last_img read more

Family left homeless after Letterkenny fire critical of Council’s response

first_img Man arrested on suspicion of drugs and criminal property offences in Derry Family left homeless after Letterkenny fire critical of Council’s response By News Highland – October 3, 2016 Pinterest Twitter 365 additional cases of Covid-19 in Republic Facebook Google+ Pinterest Facebook Google+ Homepage BannerNewscenter_img RELATED ARTICLESMORE FROM AUTHOR WhatsApp Previous articleCentury Cinemas confirm new complex opens next month with creation of 35 jobsNext articleBrian Brogan says victory was always the target in Cork News Highland WhatsApp There is criticism of Donegal County Council for not providing emergency accommodation for up to 15 Polish families left homeless following a fire in Letterkenny last week.The families have been in hotel accommodation since the blaze at an underground carpark beneath an apartment block on Rosemount Lane but that arrangement ended this morning.Magda is one of those affected, she says that while she has somewhere to stay following the blaze, most others do not:Audio Playerhttp://www.highlandradio.com/wp-content/uploads/2016/10/magda1pm.mp300:0000:0000:00Use Up/Down Arrow keys to increase or decrease volume. 75 positive cases of Covid confirmed in North Further drop in people receiving PUP in Donegal Twitter Main Evening News, Sport and Obituaries Tuesday May 25th Gardai continue to investigate Kilmacrennan firelast_img read more

Toolkit Case : Delhi Court Extends Interim Protection For Shantanu Muluk & Nikita Jacob Till March 15

first_imgTop StoriesToolkit Case : Delhi Court Extends Interim Protection For Shantanu Muluk & Nikita Jacob Till March 15 Nupur Thapliyal9 March 2021 2:08 AMShare This – xA Delhi Court on Tuesday adjourned hearing in the anticipatory bail applications filed by Shantanu Muluk and Mumbai based lawyer, Nikita Jacob in connection with the Delhi Police FIR over the ‘toolkit’ made for organizing farmers protests. However, the Court went ahead to extend their interim protections and ordered that no coercive action shall be taken against both Jacob and Muluk till the…Your free access to Live Law has expiredTo read the article, get a premium account.Your Subscription Supports Independent JournalismSubscription starts from ₹ 599+GST (For 6 Months)View PlansPremium account gives you:Unlimited access to Live Law Archives, Weekly/Monthly Digest, Exclusive Notifications, Comments.Reading experience of Ad Free Version, Petition Copies, Judgement/Order Copies.Subscribe NowAlready a subscriber?LoginA Delhi Court on Tuesday adjourned hearing in the anticipatory bail applications filed by Shantanu Muluk and Mumbai based lawyer, Nikita Jacob in connection with the Delhi Police FIR over the ‘toolkit’ made for organizing farmers protests. However, the Court went ahead to extend their interim protections and ordered that no coercive action shall be taken against both Jacob and Muluk till the next date of hearing.Additional Sessions Judge Dharmender Rana adjourned the matter after hearing both the anticipatory bail pleas simultaneously. The matter will now be heard on 15th March 2021.Advocate Vrinda Grover along with Advocate Sarim Naved appeared on behalf of Shantanu Muluk whereas Senior Advocate Rebecca John appeared on behalf of Nikita Jacob.Vrinda Grover and Rebecca John had both quested the Court to adjourn the matter after the Delhi Police had filed a comprehensive reply with detailed and researched annexures which was provided to both the applicant parties today.Both Shantanu and Nikita had filed anticipatory bails in the wake of expiry of the transit anticipatory bail granted to them by the Bombay High Court on 16th and 17th of February respectively. Shantanu along with Nikita Jacob has joined the probe 22nd February in respect of the toolkit FIR. Both were present before the Dwarka Office of the Delhi Police’s Cyber Cell for the purpose of interrogation in the matter. While the High Court granted Shantanu Muluk transit anticipatory bail for a period of 10 days, Nikita Jacob was granted the protection for 3 weeks, allowing both to approach the competent court for seeking appropriate relief. The Delhi Court had vide order dated 25th February 2021 granted interim protection from arrest to Shantanu Muluk till March 9. Advocate Vrinda Grover for Muluk submitted before the Court that since he had been cooperating with the investigation and has been present in the interrogation called by the Delhi Police Cyber Cell, the Court ordered that no coercive step shall be taken against the accused Muluk till the next date of hearing i.e. 9th March. On the other hand, the Court vide order dated 2nd March 2021 adjourned the hearing in Nikita Jacob’s anticipatory bail after Senior Advocate Rebecca John submitted before the Court that her interim protection granted by the High Court will expire on the 10th of March. Therefore, taking into account John’s submissions and request of the Additional Public Prosecutor asking time in order to file a detailed and comprehensive reply in the matter, the Court ordered that the anticipatory bail pleas of both the accused shall be heard on the 9th of March simultaneously. In another development in the case, the Bombay High Court vide order dated 3rd March 2021 granted 10 days transit anticipatory bail to Goa based activist, Subham Kar Chandhuri, member of the organization “Extinction Rebellion”, apprehending arrest in the toolkit FIR. According to the applicant Chandhuri, he had volunteered for “Extinction Rebellion” organization and is presently its South Asia Liaison. Shantanu Muluk and Nitika Jacob also have links as being volunteers with the said organization. It was contented by Chandhuri that Nikita Jacob, Shantanu Muluk and Disha Ravi have allegedly conspired to create the online “toolkit” thereby denying any role to play in its creation. Disha Ravi, the first accused in the toolkit case, was granted bail by the same judge after observing “considering scanty and sketchy evidence on record, I do not find any palpable reason to deny bail.” “In my considered opinion creation of a WhatsApp group or being editor of an innocuous Toolkit is not an offence. Further, since the link with the said toolkit or PJF has not been found to be objectionable, mere deletion of the WhatsApp chat to destroy the evidence linking her with the toolkit and PJF also becomes meaningless. Further, it is rightly pointed out by Ld Defence Counsel that the protest march was duly permitted by the Delhi police therefore there is nothing wrong in co-accused Shantanu reaching Delhi to attend the protest march. Still further, the attempt to conceal her identity seems to be nothing more than an anxious effort to stay away from unnecessary controversies” The order said. Moreover, the judge went ahead to observe that “The perusal of the said ‘Toolkit’ reveals that any call for any kind of violence is conspicuously absent. In my considered opinion, Citizens are conscience keepers of government in any democratic Nation. They cannot be put behind the bars simply because they choose to disagree with the State policies”.Next Storylast_img read more

Chief Medical Officers on both sides of border issue joint statement

first_img Pinterest Community Enhancement Programme open for applications By News Highland – January 15, 2021 Facebook Arranmore progress and potential flagged as population grows Chief Medical Officers on both sides of border issue joint statement Important message for people attending LUH’s INR clinic WhatsApp Google+ Nine til Noon Show – Listen back to Monday’s Programme Facebook Google+center_img Loganair’s new Derry – Liverpool air service takes off from CODA RELATED ARTICLESMORE FROM AUTHOR WhatsApp Pinterest Previous articleDonegal bus escort raises safety issues over return to schoolNext articleNorth records a further 16 Covid related deaths and 1,052 new cases News Highland The Chief Medical Officers in the Republic and Northern Ireland have urged people to stay at home due to the high levels of Covid-19 on the island.In a joint statement Dr Tony Holohan and Dr Michael McBride says we are going to continue to see high mortality rates in the two jurisdictions over the coming weeks.They say they will continue to work together to protect the public health across the island.Statement in full:Chief Medical Officers in Northern Ireland and Ireland have voiced their concerns about the high levels of Covid-19 and are urging everyone to stay home.Chief Medical Officers Dr Michael McBride and Dr Tony Holohan said: “As CMOs, we are gravely concerned about the unsustainably high level of COVID-19 infection we are experiencing on the island of Ireland. This is having a significant impact on the health of our population and the safe functioning of our healthcare systems.“Unfortunately, due to the surge of infections we have experienced over the past few weeks, we have seen an increase in mortality figures and our health systems have been placed under immense pressure. We are likely to see ongoing increases in hospitalisations, ICU admissions and mortality in the weeks ahead.”Both CMOs are strongly urging everyone to stay at home except for essential reasons, and to avoid all unnecessary journeys, including cross-border travel.They said: “Many of the patients admitted to hospital in January have been under the age of 65 years. COVID-19 can affect us all, regardless of age or underlying condition. It highlights the need for us all to protect one another by staying at home. Not only will you keep yourself and your loved ones safe, but also help to save lives and avoid more preventable COVID-19 admissions to our currently struggling healthcare systems.“We will continue to work together to protect public health across the island, as we have done throughout this pandemic, but we need everyone to play their part by staying at home and protecting themselves and their communities.” News, Sport and Obituaries on Monday May 24th Twitter Twitter Homepage BannerNewslast_img read more

Severe weather set to strike East Coast, damaging winds expected in Northeast

first_imgABC News(NEW YORK) — Almost 300 damaging storms have been reported in the last 24 hours from Texas to Virginia including at least 40 reported tornadoes in six states: Texas, Louisiana, Mississippi, Alabama, Georgia and Tennessee.At least 12 people have died overnight including seven in Mississippi and five in Georgia.Hundreds of homes have also been damaged or destroyed across the South in the past 24 hours.There are approximately one million customers without power from Georgia to West Virginia.This includes 176,873 people without power in Georgia, 146,936 in Alabama, 147,290 in Arkansas, 86,299 in South Carolina, 78,636 in Mississippi, 73,368 in Kentucky, 63,891 in Texas, 57,523 in North Carolina, and 53,360 in West Virginia.In addition, the same storm system that brought all the tornadoes to the South also brought up to a foot of snow from the Plains into the Great Lakes on Easter Sunday.On Monday morning, five states are under a Tornado Watch from Virginia down to Florida and tornadoes are expected Monday morning.As this storm system moves to the East Coast, more severe weather is expected with tornadoes mostly possible from Richmond, Virginia south to Raleigh, North Carolina, Charleston, South Carolina and Savannah, Georgia.Further north, we cannot rule out a few tornadoes near Washington, D.C., Philadelphia and even parts of central New Jersey, but the primary threat to these areas will be potentially damaging winds with some areas possibly seeing gusts near 75 mph which could bring down trees and power lines.Copyright © 2020, ABC Audio. All rights reserved.last_img read more

Managers’ pay is a personal thing

first_img• A report by the Industrial Society on how pay negotiations are carried outhas found that most respondents negotiate managers’ pay on an individual basis.For professional/technical staff the figure was just under 50 per cent.Both craft and skilled manual and manual operatives are more likely tonegotiate on a group basis.www.indsoc.co.uk Related posts:No related photos. Previous Article Next Article Comments are closed. Managers’ pay is a personal thingOn 21 Mar 2000 in Personnel Todaylast_img