Category: fofabvlic

Swala Oil and Gas (Tanzania) Plc (SWALA.tz) 2014 Prospectus

first_imgSwala Oil and Gas (Tanzania) Plc (SWALA.tz) listed on the Dar es Salaam Stock Exchange under the Energy sector has released it’s 2014 prospectus For more information about Swala Oil and Gas (Tanzania) Plc (SWALA.tz) reports, abridged reports, interim earnings results and earnings presentations, visit the Swala Oil and Gas (Tanzania) Plc (SWALA.tz) company page on AfricanFinancials.Document: Swala Oil and Gas (Tanzania) Plc (SWALA.tz)  2014 prospectus Company ProfileSwala Oil and Gas (Tanzania) Plc is an oil and gas company with extensive interests in Tanzania and Burundi. Its current exploration operations include the Kilosa-Kilombero license in Tanzania with a 75% participating interest, and Block D in Burundi with a 100% participating interest. Swala Oil is a shareholder of PAE PanAfrican Energy Corporation (“PAEM”); a Mauritius-based company which owns PanAfrican Energy Tanzania Limited (“PAET”). PAET holds the rights granted by the government of Tanzania to explore, develop, market, produce and sell natural gas from the Songo gas fields in Tanzania. This includes rights to managing the associated infrastructure and distribution and marketing agreements with the private sector and state enterprises. Swala Oil and Gas (Tanzania) Plc is listed on the Dar es Salaam Stock Exchangelast_img read more

AngloGold Ashanti Limited (AGA.gh) HY2020 Presentation

first_imgAngloGold Ashanti Limited (AGA.gh) listed on the Ghana Stock Exchange under the Mining sector has released it’s 2020 presentation results for the half year.For more information about AngloGold Ashanti Limited (AGA.gh) reports, abridged reports, interim earnings results and earnings presentations, visit the AngloGold Ashanti Limited (AGA.gh) company page on AfricanFinancials.Document: AngloGold Ashanti Limited (AGA.gh)  2020 presentation results for the half year.Company ProfileAngloGold Ashanti Limited is a global mining company with extensive interests in the Americas, Continental Africa, South Africa and Australasia. It boasts a portfolio of 17 operations and 3 projects in 10 countries, including long-life, relatively low-cost operating assets with differing ore body types located in key gold-producing regions. The company was formed in 2004 through the merger of AngloGold and the Ashanti Goldfields Corporation. There are seven mines in the Continental Africa region, of which 6 are operational. In Ghana, the company has two mines; Iduapriem and Obuasi. AngloGold Ashanti Limited is the third-largest gold mining company in the world, measured by production. In addition to its mining operations, it has established several exploration programmes in regions around the world. AngloGold Ashanti Limited is listed on the Ghana Stock Exchangelast_img read more

Why I think the oil crash makes BP shares a screaming buy

first_img Enter Your Email Address Simply click below to discover how you can take advantage of this. Alan Oscroft has no position in any of the shares mentioned. The Motley Fool UK has no position in any of the shares mentioned. 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. Image source: Getty Images. BP (LSE: BP) has seen its shares lose 38% of their value since the Covid-19 pandemic triggered a FTSE 100 crash. Oh, and an oil crash. With oil trading at record lows, you might think I’m mad for seeing BP shares as a screaming buy right now.To make matters worse, on Monday, the unthinkable happened. The US oil price went negative for the first time in history. Now, that’s an oil crash. But why would that make me bullish over BP shares?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…The headline took a moment to sink in with me, but it means just what it implies. The US is so awash with oil production, and storage facilities are getting so full, that suppliers were actually paying buyers to take the stuff off their hands.Good for BP shares?Now, you don’t need me to tell you that’s no way to run an oil business. And it’s not good for BP shares, or shares in any other oil company. In fact, the BP share price dropped 6% on Tuesday morning though, as I write, it’s back to a fall of around 4% on the day. But that negative oil price is a bit of a short-term quirk, based on trading deadlines and things like that. And here in the UK, Brent crude is changing hands for around $20 per barrel, as I write. That’s still perilously cheap, as the cost of production is higher than that for many companies. If the oil price continued at those levels for long, we could see a lot of them going bust.Smaller oiliesPutting BP aside, If I owned shares in smaller oil companies, or ones shouldering large amounts of debt, I’d be very concerned. After the last oil crash, I bought shares in Premier Oil. But when I revisited that decision some time later, it stuck me it really wasn’t in line with my long-term strategy and was just an opportunistic punt. I accepted I had made a mistake, and I sold.I’m very glad of that now, as Premier Oil shares have slumped to only around 20p in the oil crash. That’s a share price fall of 80% since the pandemic hit. And I think it could get even worse. Premier is saddled with close to $2bn in net debt. And though it has some cash and enough undrawn debt facilities to keep it going for a while, it’s not in a happy situation.BP, on the other hand, isn’t going to go bust. Or, at least, if it does then I’ll probably give up on this investment lark for ever, because it’ll have shown how bad I am at it.BP shares next year?During the last oil crash, I predicted prices would recover to around the $75 level. That’s pretty much what happened and is down to luck, rather than any qualities I might have as an oil price guru. But where will oil be a year from now? In five years? I reckon a lot higher than today’s crisis level.And that’s why I rate BP shares as a great buy today, for those with a long-term time horizon. Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! 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. Our 6 ‘Best Buys Now’ Sharescenter_img Why I think the oil crash makes BP shares a screaming buy 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. “This Stock Could Be Like Buying Amazon in 1997” Alan Oscroft | Tuesday, 21st April, 2020 | More on: BP See all posts by Alan Oscroft 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.last_img read more

2 popular UK and US blockchain stocks: should I buy shares in them today?

first_img With Bitcoin and Ethereum rising in popularity, interest in blockchain stocks is building momentum too. Over the past few weeks, NASDAQ-listed Riot Blockchain (NASDAQ:RIOT) and London-listed Argo Blockchain (LSE:ARB) have both seen their share prices soar (and dip too).Both companies are involved in large-scale cryptocurrency mining. It’s a resource-intensive business and costs a lot of money to maintain the data centres required. Riot is one of the largest Bitcoin miners in North America, and Argo’s operations are based there too.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…Blockchain stocks endure rollercoaster rideRiot started the year with a share price around $16.50 and by February 17, it hit a high of $77.90, a whopping 372% jump. Argo Blockchain started the year at £47, rising to £284 in February, which was an even more impressive 504% gain. But as the price of Bitcoin plummeted over the past two days, so did the price of these blockchain stocks. With each of them losing over 26% in a day.Bitcoin has been skyrocketing as more and more institutional investors get on board. However, fear has been building, that it’s getting too high too quickly, based on speculation rather than good fundamental reasoning. Perhaps that’s why it’s now pulled back so dramatically.Have Argo and Riot got staying power? For regular stock market investing ideas and help choosing the best shares to buy now, sign up to The Motley Fool today. “This Stock Could Be Like Buying Amazon in 1997” During the first nine months of 2020, Riot generated $6.7m in revenue and produced a $16.6m net loss. It also produced 730 Bitcoin. With no profits, it doesn’t have a competitive edge. There are many other Bitcoin miners operating in North America, China and elsewhere in the world.Riot has been investing in the latest mining equipment to stay ahead of the game. Argo is doing the same. This is great if it can keep it up, but in the fast-changing world of crypto mining this equipment can date quickly, and staying competitive becomes very costly.With Bitcoin enjoying a new level of credibility and rising price momentum, it’s quite possible these blockchain stocks will continue in the same vein. So for momentum investors, I can see the appeal.Speculation and fluctuationI can understand the speculation surrounding these blockchain stocks. For many traditional investors, it’s easier to get on the crypto bandwagon via a stock investment than buying the individual coins directly. However, it’s still open to considerable price volatility and difficult for many novice investors to understand.These are highly speculative stocks, and not something I’d consider a safe addition to my own portfolio. I don’t think I should buy shares in either of them today.  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. Simply click below to discover how you can take advantage of this. 2 popular UK and US blockchain stocks: should I buy shares in them today? 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. As Argo is the only blockchain stock available on the London Stock Exchange, it has a first mover advantage. Fear of missing out (FOMO) has been rife this past year, and this is exactly the kind of tech stock that generates hype and speculation. Unfortunately, in these circumstances a price rise is only as good as it lasts, and the downward drop can be even more dramatic than the climb.It has a market cap of around £766m compared with Riot’s £1.3bn. Earnings per share are negative, and neither company offers a dividend. Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Kirsteen Mackay | Wednesday, 24th February, 2021 | More on: ARB RIOT Our 6 ‘Best Buys Now’ Shares Enter Your Email Address Kirsteen owns shares of Bitcoin. The Motley Fool UK has recommended Bitcoin. 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. Image source: Getty Images 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. See all posts by Kirsteen Mackaylast_img read more

The House Box In Koukaki / Sofia Tsiraki

first_imgArchDaily CopyHouses•Athens, Greece Greece 2011 Houses The House Box In Koukaki / Sofia Tsiraki ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/231743/the-house-box-in-koukaki-sofia-tsiraki Clipboard “COPY” Projects ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/231743/the-house-box-in-koukaki-sofia-tsiraki Clipboardcenter_img Architects: Sofia Tsiraki Area Area of this architecture project Area:  250 m² Year Completion year of this architecture project Year:  CopyAbout this officeSofia TsirakiOfficeFollowProductConcrete#TagsProjectsBuilt ProjectsSelected ProjectsResidential ArchitectureHousesDabasAthensHouses3D ModelingGreecePublished on May 04, 2012Cite: “The House Box In Koukaki / Sofia Tsiraki” 04 May 2012. ArchDaily. Accessed 11 Jun 2021. ISSN 0719-8884Read commentsBrowse the CatalogShowershansgroheShower MixersVinyl Walls3MVinyl Finish – DI-NOC™ Abrasion ResistantPartitionsSkyfoldIntegrating Operable Walls in a SpaceLightsVibiaLamps – NorthCultural / PatrimonialIsland Exterior FabricatorsSeptember 11th Memorial Museum Envelope SystemSkylightsVELUX CommercialAtrium Longlight, DZNE GermanyHanging LampsLouis PoulsenLamp – PH ArtichokeTiles / Mosaic / GresiteHisbalitMosaic Tiles – TexturasAcousticMetawellAluminum Panels – Acoustic SailsMineral / Organic PaintsKEIMTiO2-free Mineral Paint – Soldalit®-ArteWall / Ceiling LightsA-LightWall Grazer Concealed LightsDoorsBuster and PunchDoor Hardware – Pull BarMore products »Read commentsSave想阅读文章的中文版本吗?Koukaki盒子住宅 / Sofia Tsiraki是否翻译成中文现有为你所在地区特制的网站?想浏览ArchDaily中国吗?Take me there »✖You’ve started following your first account!Did you know?You’ll now receive updates based on what you follow! Personalize your stream and start following your favorite authors, offices and users.Go to my stream Text description provided by the architects. This house is part of an old Athenian neighborhood with unique character, at the base of the hill of Filopappos. It occupies a small piece of land between two existing houses. It has its main elevation towards the public street, and also, a small back yard. The house includes:Save this picture!Recommended ProductsWoodParklex International S.L.Wood cladding – FacadeWoodAccoyaAccoya® Cladding, Siding & FacadesWoodGustafsWood Veneered Wall & Ceiling PanelsWoodBruagBalcony BalustradesThe private residence space, which develops vertically in split levels that lodge the living room, the kitchen, an office space an outdoor courtyard with view towards the street, bedrooms and three levels of outdoor roof gardens; and the space of cultural activities that is used for performances and exhibitions. This space occupies the ground floor and the first basement and has independent access from the public street.Save this picture!The arrangement of this house is an application of the modernist concept of the “primary habitable box”, or the minimum “life container”, after the Greek architect, Aris Konstantinidis. The preference of a solid “box” over an open composition of planes was a primary compositional decision that facilitated the integration of the house within the old neighborhood. The massive, strictly defined boundary of the private house towards the public street shelters the delicate, practices of “private living” and accommodates all the collective and individual activities of the inhabitants.Save this picture!The rooms are organized along a flowing spiral arrangement rising via a sequence of split-levels placed 1.50 m higher from one another, starting from the ground level and ending at the green roof. The interior void space between the split-levels becomes the spatial core of the house.Save this picture!Despite the clarity with which the private interior life is enclosed and protected from the public street the house retains a social façade, through a balanced visual and spatial association between public and private.Primary material of the structural frame and the outer skin of the building envelope is the uncovered, unpainted concrete.a. the interior void space and the open- plan composition (fluid open spaces without partitions) achieve the best ventilation and natural lighting of the entire building.Save this picture!b. the widespread use of wooden frame panels on the facades, prevent solar overheating, avoid energy use for extra cooling and allow the warm air out, while they provide a natural ventilation, lighting and a good indoor climate.Save this picture!1st floor planC. the planting of all outdoor and especially a large part of the surface of the roof, in order to achieve a “green roof”, covered with vegetation, a medium growing and small trees (e.g. olive trees, pomegranate trees )Save this picture!Project gallerySee allShow lessThink Space 2012 Programme: Past Forward CompetitionArticlesNew Housing for Researcher Workers / Praksis ArchitectsArticles Share Save this picture!+ 23 Share The House Box In Koukaki / Sofia TsirakiSave this projectSaveThe House Box In Koukaki / Sofia Tsiraki “COPY”last_img read more

Beachyhead / SAOTA

first_imgArchitects: SAOTA Area Area of this architecture project Beachyhead / SAOTASave this projectSaveBeachyhead / SAOTA ArchDaily Area:  1176 m² Year Completion year of this architecture project Save this picture!© Adam Letch+ 30 Share South Africa “COPY” Beachyhead / SAOTA Photographs Projects “COPY” CopyHouses•Plettenberg Bay, South Africa Year:  ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/791882/beachyhead-saota Clipboard Photographs:  Adam LetchInterior Design:Cécile & BoydSite Area:1447m²Architect In Charge:Phillippe FouchéDesign Team:Stefan Antoni, Greg Truen, Mias ClaassensCity:Plettenberg BayCountry:South AfricaMore SpecsLess SpecsSave this picture!© Adam LetchText description provided by the architects. Brief“The clients approached SAOTA to design a family holiday home that responded to the site, especially the views. They wanted a relaxing, yet elegant home that would be comfortable when entertaining many guests whilst also feeling intimate and cosy when it’s only one or two of them in the house,” said director and project leader Phillippe Fouché. Other factors that drove the conceptual organisation of the building were the views, sunlight, prevailing wind direction and the zoning parameters.Save this picture!Upper Basement PlanSave this picture!Ground Floor PlanSave this picture!1st Floor PlanSiteThis site is located to the South of Beacon Isle in Plettenberg Bay. The site slopes down to the beach and has uninterrupted views over the Indian Ocean, Robberg to the South East and the Outeniqua Mountains in the distance towards the North. The original contour plans revealed that this site was originally a dune with a higher mound towards the southern part of the site.Save this picture!© Adam Letch           ApproachThe house was conceived as a simple box, floating over the dune, capturing and framing the view. The outer shell of the box is finished in a rough textured concrete, contrasting with the smooth reveal and soffit that tapers to create a delicate frame.Save this picture!© Adam Letch “From the beach, the building is expressed as a stone plinth, representing “earth”, with the bedroom spaces appearing to float over it,” noted Mias Claassens, architect at SAOTA and member of the project team. The upper bedroom wing is finished in a natural sand coating, a direct response to the original dune on the site. In order to exploit the maximum height allowed on the site, the southern part of upper level is higher and appears to be sliced off from the northern part in a sculptural way. This opening extends vertically through the building, washing northern light through the deeper spaces of the house. “Stairs are delicately suspended within this carved opening, also allowing views through it and lit from a skylight above. The geometry of the staircase continues as a diagonal line that extends the cantilevering entertainment terrace towards Robberg,” said Phillippe Fouché. Save this picture!© Adam LetchWhen approaching from the road, the scale of the house is modest and the living spaces concealed on a lower level. Timber shutters provide privacy to the gallery-like bedroom passage above whilst protecting the façade from the afternoon sun. A strong horizontality is articulated in the entrance canopy which is planted with indigenous shrubs cascading over the slab edge. A stone wall introduces the plinth from the lower levels and appears to fall away as one steps down to the front door. The living space is column free with the bedroom wing above supported by a large sculptural fireplace. Oxidised copper, salvaged from discarded hot water cylinders, is woven to line the inner part of the fire place. This allows the colour of the ocean to extend visually into the living room as the primary focal point.Save this picture!© Adam LetchThe large sliders open past the envelope of the building, permitting unhindered access and views between the wind-protected entertainment courtyard, the living space and the front terrace. The kitchen is practically positioned to serve the living spaces and the Northern courtyard where a pizza oven chimney is a strong vertical element, counter-balancing the horizontal entrance canopy and floating bedroom wing. The kitchen volume opens upwards allowing northern light into the space and connecting to the gallery passage above.Save this picture!SectionThe bedrooms are given privacy and protection from the morning light by means of large timber, sliding shutters. The rooms are designed to take maximum advantage of the space available, raised bathrooms open up to the room, allowing views to the ocean from anywhere in the room. Small skylights allow natural light into the bathrooms which otherwise would have been reliant on artificial lighting. Large mirror surfaces at the ends of the rooms further accentuate the space and strategically reflect either Robberg or the Outeniqua mountains depending on the vantage point.Save this picture!© Adam LetchThe main bedroom is placed on the higher part of the upper level to take advantage of the ocean views. All bedrooms’ en-suite bathrooms and dressing rooms open up to the room and to the ocean views.Save this picture!© Adam Letch The stone plinth on the lower level accommodates a games room, large guest suite, audio-visual room and service spaces behind. The pool is located on this lower terrace but remain conveniently connected to the main entertainment spaces by means of a stone staircase, articulated as part of the plinth. The pool is situated centrally to this garden/ deck area to allow the main tanning deck to extend to the end of the site where the afternoon sun can be enjoyed. The water level of the pool is 20mm above the deck surface, a rim flow all round creates the impression that this reflective water body slots into the timber deck. The lowered boma (fire pit) in the far corner of the terrace is protected from the wind by glass panels, this is a more secluded space to sit around an open fire, close to the beach.  Save this picture!© Adam LetchProject gallerySee allShow lessMacdonald Public Facility Complex / Kengo Kuma & AssociatesSelected ProjectsMinka 2013 / THTH architectsSelected Projects Share Houses ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/791882/beachyhead-saota Clipboard 2014 CopyAbout this officeSAOTAOfficeFollowProductConcrete#TagsProjectsBuilt ProjectsSelected ProjectsResidential ArchitectureHousesPlettenberg BaySouth AfricaPublished on July 25, 2016Cite: “Beachyhead / SAOTA” 25 Jul 2016. ArchDaily. Accessed 11 Jun 2021. ISSN 0719-8884Browse the CatalogPanels / Prefabricated AssembliesTechnowoodPanel Façade SystemRailing / BalustradesMitrexIntegrated Photovoltaic Railing – BIPV RailingMetal PanelsAurubisPatinated Copper: Nordic Green/Blue/Turquoise/SpecialPlastics / FibersRodecaTranslucent Building Elements in Downton Primary SchoolSkylightsVELUX CommercialModular Skylights – LonglightBathroom FurnitureBradley Corporation USAToilet Partition CubiclesSignage / Display SystemsGoppionDisplay Case – One-offAcousticFabriTRAK®FabriFELT™ for Walls and CeilingsBoardsStructureCraftStructural Panel – Dowel Laminated TimberThermalSchöckInsulation – Isokorb® Concrete to SteelDoorsJansenSmoke Control Door – Economy 60Louvers / ShuttersShade FactorExternal Venetian BlindsMore products »Save想阅读文章的中文版本吗?海滩之顶 / SAOTA是否翻译成中文现有为你所在地区特制的网站?想浏览ArchDaily中国吗?Take me there »✖You’ve started following your first account!Did you know?You’ll now receive updates based on what you follow! Personalize your stream and start following your favorite authors, offices and users.Go to my streamlast_img read more

Precedent builds children’s hospice website

first_img Tagged with: Digital AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis  21 total views,  1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Precedent Communications has designed and built a new website for Tŷ Hafan, the children’s hospice.The new site presents a positive view of life at the hospice and features calls to support the charity which needs to raise £2.5 million a year. These include requests for financial donations and and for goods for sale in Tŷ Hafan shops, as well as information on leaving a legacy, making donations by Gift Aid, shopping online to benefit the charity, and bidding in auctions to raise funds.A whole section is dedicated to the Tŷ Hafan lottery enabling volunteers and players to get involved, and another section is dedicated to corporate support.Precendent Communciations has helped the charity create a presence on other sites including YouTube and Flickr, adding value to the user experience and gaining wider exposure through these social networks.The site was launched just in time for Tŷ Hafan Day, the charity’s fundraising in the community day.www.tyhafan.org Precedent builds children’s hospice website Howard Lake | 28 April 2008 | News About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving.last_img read more

Detroit’s lights out: Who’s to blame

first_imgRoseville, Mich., March 14 — I’m waiting and hoping that today is the day power is restored to our neighborhood and we can leave this awful motel. It’s been seven days and six nights. In the meantime, I’m trying to put it all into perspective.I’m very grateful a work check came through right before the outage. I’m grateful we were able to evacuate to a motel. I’m grateful my bird is OK, and that my spouse and I have retained some semblance of sanity during this trying time, although there have been a lot of tears, too, mostly on my part.I’m grateful the home we love hasn’t been broken into and we can eventually go home. I’m grateful that we have vehicles, not just one, but two.I think of the Detroiters, the majority Black, many very poor and oppressed, who could not escape. I think of those people with babies and young children, and the elderly, and I wonder if there is a death toll because of this power outage. I know that in the communities people are looking out for each other, helping each other, doing what human beings naturally do when there is a catastrophe of any kind.I think of how my mental health has been stretched to the limit and all the discomfort and misery of being confined to a small room. The smallest thing can be an occasion to burst into tears and fantasize about militant actions at DTE Energy Co. headquarters and doing what has to be done. Thankfully those episodes don’t last for long — except for the militant actions part.I think of the 245 million people around the world who are migrants, who are displaced from their homes or are refugees. Many have nothing but the clothes on their back. They are far from home, having fled U.S.-backed or U.S.-funded weapons of mass destruction and the ravaged conditions these caused.I think about those who have died on the high seas or survived to enter a hostile country, a racist place with no welcome. They have come from places where electricity and the entire infrastructures have been destroyed thanks to U.S. imperialism and its NATO partners. Places like Libya, Yemen, Afghanistan, Iraq, Syria. They have lost everything.I am wealthy as sh-t compared to them, and my income is pretty low.The day of the massive windstorm, Wednesday, March 8, was International Working Women’s Day and my spouse’s birthday. The explosions I heard when the power went out were the transformers, DTE workers told us. The company says it was the high winds of up to 75 miles per hour that caused the outage to over 800,000 customers in southeastern Michigan, affecting millions of people.Freezing temperatures added to the crisis people faced.DTE and media are to blameBut the outage wasn’t just caused by the wind. The outage was caused by the utility’s refusal to upgrade and modernize its equipment, by its refusal to have underground wiring — even though the customers, of course, would be the ones paying for it — and by its refusal to reverse layoffs and hire more workers. If ever there was a need for work and workers, here it is!But we don’t live in a planned society that even considers such possibilities. The owners of these companies see no profits in upgrading power lines and equipment. They think: Why invest profits [money they stole from workers] in upgrades when we may have to wait years for a payoff? And what they really want is a high value on this year’s bottom line.After six full days, DTE Energy claims it has restored power to all but a few thousand people (most of them in Detroit). Workers and those who came from other states have done a great job under difficult conditions. Line workers, however, told us there are no plans to fix the outage on our street. The lines are fixed, but the transformers still don’t work.The corporate-owned media have regurgitated DTE’s press releases, lying to the people about when their power will be restored. Not one reporter we contacted has had the guts to challenge this utility giant, although one courageous worker at a TV station gave us an inside number to humans at DTE.Racism and rip-offsThe DTE corporate behemoth, which provides both electrical and natural gas power, had gross earnings of $1.93 billion in 2016; its net income was $866 million.However, customers who lost refrigerators and freezers full of food, whose water pipes froze and burst, who had to pay for housing and other food will receive a maximum of $25 for their inconvenience. That’s only if their power was out a full five days. Everyone else can fend without that $25.DTE Energy is known to be a racist company. Many workers have sued their employer because of the hostile work environment, where they had to put up with heinous, racist acts or symbols, as well as acts of sexism and age discrimination.The company is also anti-poor to the core, though every year the bosses claim to care about poor people who cannot pay their utility bills. But people can’t make a choice to keep one utility, because DTE has combined gas and electricity services.Each winter DTE runs a charity fundraiser for itself called THAW — The Heat And Warmth fund. The bosses want some poor people to contribute so that other poor people can receive those contributions from DTE and then give them back to DTE. This disgusting display of corporate welfare is broadcast annually on radio.This is Detroit, a third-world city in a first-world country, destroyed by racism and avarice — of the banks, of the corporations, of a capitalist system that does not give a damn who lives or dies. In fact, this rapacious system would like to exterminate the entire working class, especially Black people, who are the fiercest fighters because they have faced the fiercest oppression in a society built on genocide and slavery.DTE Energy must be forced to pay reparations to all the people who were most affected by the company’s latest outage.Balderas-Hamel was able to return home the night of March 14.  FacebookTwitterWhatsAppEmailPrintMoreShare thisFacebookTwitterWhatsAppEmailPrintMoreShare thislast_img read more

USDA Predicts 12 Percent Drop in Farm Income

first_imgHome Indiana Agriculture News USDA Predicts 12 Percent Drop in Farm Income Previous articleStudy: Who Owns and Farms Land Can Create Barriers to ConservationNext articleOntario Announces E15 Adoption as Soon as 2025 NAFB News Service By NAFB News Service – Dec 3, 2018 Net farm income, a broad measure of profits, is forecast to decrease $9.1 billion, or 12.1 percent from 2017 to $66.3 billion in 2018, after increasing $13.8 billion in 2017. The Department of Agriculture’s Economic Research Service recently announced the forecast. USDA says, meanwhile, net cash farm income is forecast to decrease $8.5 billion, 8.4 percent, to $93.4 billion. Net farm income is a comprehensive indicator of U.S. farm profitability, while net farm cash income less comprehensive and does not include non-cash items, according to the American Farm Bureau Federation.Cash receipts for all commodities are forecast to increase $2.5 billion, However, when adjusted for inflation, cash receipts for all commodities are forecast to decline $6.1 billion, with crop cash receipts forecast to decline $1.6 billion and livestock cash receipts to decline $4.5 billion. AFBF Chief Economist John Newton writes that the challenging financial situation highlights the need for improved access in key foreign markets, along with continued commitments to renewable energy, reduced regulatory burdens and a completed farm bill. Combined, Newton says “these efforts will go a long way toward improving the farm economic outlook.”Source: NAFB News Service Facebook Twitter USDA Predicts 12 Percent Drop in Farm Income SHARE Facebook Twitter SHARElast_img read more

Reporters Without Borders hails special prosecutor to fight attacks on journalists

first_img Reporters Without Borders welcomes the setting up of a special prosecutor’s office dedicated to the fight against murders and offences against journalists, in an open letter sent to Prosecutor David Vega Vera (photo) who on 22 February was named to head it. The organisation however regrets that drug-trafficking, chief source of violence against the Mexican press, does not fall within the remit of this body, which is however unique of its kind. Most of these journalists paid with their lives for wanting to inform the public about drug-trafficking and the criminal activities that trouble particularly the border states in the north of the country.Among those murdered were, Francisco Javier Ortiz Franco, co-founder of the weekly Zeta, on 22 June 2004 in Tijuana, of Raúl Gibb Guerrero, editor of the daily La Opinión, on 8 April 2005 in Veracruz state and Alfredo Jiménez Mota, of the daily El Imparcial, who disappeared on 2 April 2005 in Hermosillo.These tragedies led many media into self-censorship to protect themselves. This conduct did not, unfortunately, prevent a machine gun attack on 6 February 2006, against the daily El Mañana in Nuevo Laredo, which almost killed journalist Jaime Orozco Tey. That is why, Reporters Without Borders is surprised, that cases linked to drug-trafficking do not come under the competence of the special prosecutor’s office that you are about to take charge of. How can one understand this, when drug-traffickers and more widely criminality in general are the chief causes of violence towards the Mexican media? The special prosecutor’s office will not be able to cut corners on this issue.It will also not be able to ignore the dangerous complicity that sometimes exists between ‘predators’ that attack the media and the local authorities. Wrongly arrested in December 2005 for having revealed the existence of a paedophile ring in Puebla State, Lydia Cacho Ribeiro has been the target of a conspiracy, judging from the conversations, recently made public, between her often highly-placed detractors.Mr Prosecutor, we do not underestimate the scale, or the difficulty of the task before you. But the future of press freedom in Mexico and the credibility of the special prosecutor’s office will depend on it having all the necessary means at its disposal. In the run-up to presidential and legislative elections on 2 July, its continuity will depend on its capacity to rapidly show proof of its efficiency.Yours sincerely,Robert MénardSecretary general Reporter murdered in northwestern Mexico’s Sonora state to go further News Reporters Without Borders has welcomed the setting up of a special prosecutor’s office by the federal justice ministry, on 15 February 2006, dedicated to tackling murders and offences against journalists.The press freedom organisation has sent an open letter to David Vega Vera, special prosecutor named on 22 February to head up this body, which is unique in the world, to wish him luck in his work, while at the same time regretting certain shortcomings in his remit.Dear Sir,Reporters Without Borders, an organisation which defends press freedom, hails your appointment, on 22 February, to head a special prosecutor’s office dedicated to the fight against murders and offences against journalists. That body, set up at the initiative of President Vicente Fox and the state prosecutor, Daniel Cabeza de Vaca, is in itself a world first. We hope that this precedent will act as an inspiration for other countries where freedom of the press is under real threat.In setting up this special prosecutor’s office, the federal authorities seem to have finally got the measure of the climate of fear and impunity from which Mexican journalists suffer, especially on a local basis.Over the past six years, 16 of them have been killed while doing their job or are missing, including six in the state of Tamaulipas. During 2004 and 2005, Mexico became the deadliest country on the American continent with eight journalists murdered. No-one has ever been arrested or tried for instigating these killings. MexicoAmericas Follow the news on Mexico February 24, 2006 – Updated on January 20, 2016 Reporters Without Borders hails special prosecutor to fight attacks on journalists May 5, 2021 Find out more May 13, 2021 Find out more Receive email alertscenter_img NSO Group hasn’t kept its promises on human rights, RSF and other NGOs say RSF_en 2011-2020: A study of journalist murders in Latin America confirms the importance of strengthening protection policies Organisation Reports MexicoAmericas News News Help by sharing this information April 28, 2021 Find out morelast_img read more