Lawsuit over Trumps 1st attempt to ban travel is settled

August 19, 2019

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first_imgTags: America, Donald Trump NEW YORK — Foreigners who were barred from entering the U.S. during President Donald Trump’s first attempt to ban travel from seven Muslim-majority nations will get government help reapplying for visas under a lawsuit settlement reached Thursday.Civil rights lawyers and the Trump administration announced the deal during a conference call in federal court in Brooklyn, one scene of the legal battle over the treatment of hundreds of travellers who were processed at U.S. airports over a chaotic weekend in January.Under the terms of the settlement, the government agreed to notify an unspecified number of people overseas who were banned that they can reapply for visas with the help of a Department of Justice liaison for a three-month period. In return, the plaintiffs said they would drop all their claims.“We are pleased with the settlement and that this chapter in the fight is done,” said American Civil Liberties Union Attorney Lee Gerlent.Gerlent said it’s unclear how many people will benefit from the settlement because the government has refused to disclose the total.More news:  Beep, beep! Transat hits the streets with Cubamania truckA DOJ statement read, “Although this case has been moot since March, when the president rescinded the original executive order and issued a new one that does not restrict the entry of Iraqi nationals, the U.S. government has elected to settle this case on favourable terms.”The ACLU, along with the National Immigration Law Center and the International Refugee Assistance Project, sued on behalf of two Iraqui nationals after the Trump administration implemented a policy Jan. 27 that barred entry of visa-holders from Iran, Iraq, Libya, Somalia, Sudan, Syria and Yemen. One of the plaintiffs was Hameed Khalid Darweesh, a translator who has done work for the U.S. military, who was detained at John F. Kennedy International Airport.A federal judge blocked the ban eight days later in a ruling upheld by a circuit court. Rather than pursue an appeal, the administration said it would revise the policy.In June, the Supreme Court found that the narrower order could be enforced if those visitors lack a “credible claim of a bona fide relationship with a person or entity in the United States.” Friday, September 1, 2017 Share << Previous PostNext Post >> Source: The Associated Press Lawsuit over Trump’s 1st attempt to ban travel is settledlast_img read more


December 31 2010This concludes our report of the

August 10, 2019

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first_imgDecember 31, 2010This concludes our report of the opening and dedication of the PAOLO SOLERI BRIDGE AND PLAZA. On-site construction of the bridge started in March, 2010. It is a Scottsdale Public Art project with construction managed by Howard S. Wright Constructors with assistance from Scottsdale architects, structural engineers and landscape architects and off-site work at Cosanti. The 130 foot long pedestrian bridge connects the Scottsdale Waterfront District and Old Town, spanning the Arizona Canal west of Camelback and Scottsdale Roads. It is 18 feet wide on the north bank widening to 27 feet on the south bank where it opens into the Soleri Plaza.[photo: YoungSoo Kim] The sloped plaza has soil retaining “drip walls” constructed with the help of another innovative technique developed by Paolo Soleri for the building of Cosanti. As a final stage in construction, concrete slurry is used allowing gravity to create a drippy surface.The design and construction of the Paolo Soleri Bridge and Plaza has been a once-in-a-lifetime project, uniting the will of a community, the intent of an artist, and the skills of many construction professionals.[photo: sue] 11 pre-cast concrete panels were created at Cosanti, delivered and installed at the plaza, ten along one edge of the south plaza and one double panel on the north bank. The 8-ft-high, 5-ft-wide panels are hand-carved and earth-cast, a process Paolo Soleri developed in the creation of the famous Soleri wind-bells and the buildings of Cosanti. The panels are unique artwork installations during the day, mysterious at night. [photo left: YoungSoo Kim]center_img The 22,000-sq-ft plaza is a gathering place with walkways and lawns, shade, seating and art to enjoy- a Soleri bell assembly and a collection of colorful “earth-cast” panels.The four pylons of the bridge are clad in elegant, brushed stainless steel. The shorter pylons are hollow and reveal a large Soleri bell assembly. The 10-ft- high bell assembly was first  cast in 1969 and displayed at the Goldwater Department Stores before it found a new home in the plaza.[photo: YoungSoo Kim]last_img read more


Irish telco Eircom has set a June 2014 target of 2

August 7, 2019

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first_imgIrish telco Eircom has set a June 2014 target of 24,000 customers for its recently-launched eVision IPTV.In its results for the second quarter and half year ended 31 December 2013, Eircom named the figure in its full-year 2014 imperatives, along with upping its fibre footprint to a million homes by summer 2014.As of the end of December 2013, Eircom said its fibre footprint had passed 700,000 homes and businesses, claiming that when its fibre rollout is completed in July 2016, it will reach 1.4 million, or 70%, of all homes and businesses in Ireland.Eircom launched its TV service in October 2013 and claims to be the only operator in Ireland able to offer ‘quad play’ services of high-speed broadband, mobile, home phone and TV.Its core TV proposition is a 46 channel package, which costs €10 per month. In addition to this, viewers can add an extra 20 channels – including Fox, Nickelodeon and National Geographic Channel – for €6 per month, or a 12-channel HD package for €5.Eircom said that its 4G mobile network now covers 40% of the population in Ireland.In the quarter ending December 31, Eircom said that revenue was €334 million, down 5% year-on-year. EBITDA for the quarter was €114 million – down 1% compared to the same period last year.last_img read more


In This Issue… Focus shifts back to Eurozone…

August 4, 2019

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first_imgIn This Issue… * Focus shifts back to Eurozone… * Gold sees profit taking… * RBA cuts rates… * Looking for a new reserve currency… And, Now, Today’s Pfennig For Your Thoughts! Eurozone Manufacturing Slumps… Good day… And a Tom Terrific Tuesday to you! I’m at a complete loss this morning on what to start with! I’ve sat here staring at the blank Pfennig template for about 10 minutes now. My mind wondering to this, that, and the other stuff, but never really settling on something… UGH! So, I thought I would just start typing away, and see what comes out… I don’t know what I’ll talk about today, you’ll just have to read it to find out! HA! The markets are in the same dilemma, as they hem and haw about where to focus their attention… Friday’s bad taste remained in their collective mouths, all day yesterday, and the currencies were able to add to their Friday gains. The euro briefly touched 1.25 before settling back down. But this morning, the focus is back on the Eurozone’s problems, as well they should when the Eurozone Manufacturing Index slides to 46 like it did in May! YIKES! That’s plain awful, folks! Remember, any number below 50 represents contraction in the manufacturing sector… So, the two reserve currencies of the past 10 years, the dollar and the euro are in a battle to see who can look uglier than the other… So, the euro has lost about 3/4-cent this morning, on that bad data. Of course, I told you several months ago, that I thought it was time that countries, traders, etc. started looking for a new currency to turn to other than dollars and euros… At that time, I was thinking the Aussie dollar (A$)… I know, I know, the A$ doesn’t have the depth that dollars or euros have, or to that extent, Japanese yen, British pound sterling, or Swiss francs… or, did I hear someone say, Gold? Jamie over in our new Wealth Management Group, sent me a link to a story yesterday where the writer said that “your portfolio doesn’t need Gold”… the writer made a big point of how even now with all the problems in the U.S. and Eurozone, Gold’s price is falling… Hmmm, obviously, he doesn’t read the Pfennig, otherwise he would know all about the price manipulation that has gone on in Gold in recent months.. I’m in complete disagreement with this writer, but then everyone has opinions, right? Speaking of Gold’s price… I told you yesterday that Gold had soared $66 on Friday… Well, I see where my friends over at the “5-Minute Forecast”, talked about this move, and have narrowed it down to “very powerful buying that came out of the East”… That makes sense to me… a move like Gold made had to be powered by Central Bank purchases… The “5” then points out that “even during April, when Gold was priced higher than it is now, Turkey, Mexico, Kazakhstan and the Ukraine all loaded up with Gold purchases” OK… Well, the Reserve Bank of Australia (RBA) did cut rates last night (as expected), but less than what was being thought by the swaps market. The RBA cut 25 basis points (1/4%) from its official internal rate, leaving it at 3.5%… The A$ was not sold, but bought instead on the news… I guess there were some shorts in the A$ that had to be covered, once the RBA only cut 25 basis points, and the A$ didn’t fall in price… And the RBA didn’t exactly sound like a Central Bank that was 100% behind the cut in saying, “with modest domestic growth and a weaker and more uncertain international environment, the outlook for inflation afforded scope for a more accommodative stance of monetary policy.” – RBA… They’ll just have to deal with another cut down the road, folks… because things aren’t going to get better any time soon… I’m not the only person that believes this… apparently, the finance ministers of G-7 are seeing it too, as they have called an impromptu meeting to be held via teleconference today… Japanese Finance Minister, Azumi, told reporters “we have reached a point where we need a common understanding about the problems we are facing”… But wasn’t it just two weeks ago that G-8 leaders met at Camp David, and acknowledged the problems? I have to say that I’m worried about this global slowdown… I have something very different in the TTWS section today, regarding the Bilderberg Group… but, if you read that, and then think back to what Japanese Fin-Min, Azumi had to say, and you start to think, lions and tigers and bears, oh my! Then you are thinking like me! Sprinkle in one of my fave reads in the U.K. Telegraph, Ambrose Evans-Pritchard, talking about how the Bank for International Settlements (BIS) is warning that “global lending is contracting at the fastest pace since 2008 Lehman crisis.” And the warning signs just keep getting flashed in front of our eyes… This morning… besides the awful manufacturing print in the Eurozone… the euro has to contend with the fact that Spain has now asked for outside help for their troubled banks… Spanish Budget Minister Cristobal Montoro called for funds to be used to shore of the nation’s banks overnight… That can’t sit well, with traders that had pushed the euro up to 1.25 yesterday… I would think that traders are looking at the euro now, in a negative light, and therefore are selling into euro rallies… Not much new going on in China to talk about… HSBC says that Chinese Services Industry expanded at a faster pace in May… And that news sent Chinese stocks higher, as the immediate fears of a sharp slowdown were eased… I’m still of the opinion that China’s economy moderates and doesn’t collapse… I’ve had those colors pinned to my mast for a couple of years now, while “others” have called for a collapse.. The Emerging Markets, for the most part, continue to keep their heads above water, and have not allowed themselves to be dragged through the mud and yuck of the U.S. and Eurozone… Countries like: Columbia, Chile, Turkey, and many more… The problems with these countries is that their markets are very small, the liquidity stinks, and they experience much wilder swings in price on market moves… But I said early this year that I thought The Emerging Markets would be the only place that economic growth might occur in 2012… Meanwhile back at the ranch… fundamentals continue to be thrown to the side of the road, and countries like Norway and Canada can’t catch a bid… Norway has its Eurozone to contend with, and Canada has its U.S. to contend with… I have a special treat today, with a recent quote by the man, … Richard Russell.. unfortunately, the “maestro” isn’t talking about anything fun… Here’s Richard Russell talking about a nasty decline in stocks. “I don’t know what that number is. Dow 8,000?, Dow 6,000? Dow 4,000? Dow 2,500?… The number could be any one of these. What I hope is that we get to that number as quickly as possible. I just hope we get the pain of the bear market over as fast as possible. One mistake is to think we know how costly the bear market is fated to be — and how far the bear market will carry. The Primary trend is a law unto itself. It will continue until it dies of exhaustion.In the meantime, the bear market goes on. I’m afraid it has a long way to go. But we will survive. In all seriousness, I feel it is my duty to help my subscribers to survive and weather this bear market.” Ok… that leads us to the TTWS section today… Now let me set this one up… You may or may not believe in the Bilderberg Group, which is a select group of people from the U.S. and Europe that supposedly make the decisions for the world… The have meetings where no one outside the group is allowed to be in the room. There’s about 150 members… according to Wikipedia, “Bilderberg itself is not an executive agency. However, when Bilderberg participants reach a form of consensus about what is to be done, they have at their disposal powerful transnational and national instruments for bringing about what it is they want to come to pass. That their consensus design is not always achieved is a reflection of the strength of competing resisting forces outside the capitalist ruling class and within it.” Then There Was This… Author Daniel Estulin reporting on leaked info from the Bilderberg meeting… “Elitists divided on whether to quickly sink economy and replace it with new world order, or set in motion long, agonizing depression. According to Estulin’s sources, which have been proven highly accurate in the past, Bilderberg is divided on whether to put into motion, “Either a prolonged, agonizing depression that dooms the world to decades of stagnation, decline and poverty … or an intense-but-shorter depression that paves the way for a new sustainable economic world order, with less sovereignty but more efficiency.” Chuck again… scary stuff, eh? But then we always have the competing resisting forces outside the capitalist ruling class to fight for us, eh? And then maybe everyone is wrong about what these people do… and maybe their annual get-togethers are just opportunities to exchange recipes and share their latest family portraits… To recap… Well, Friday’s gains in currencies and metals couldn’t be added to, although the euro did climb back to 1.25 briefly yesterday. But bad data, and calls for help from Spain have the euro selling off again this morning. The RBA did cut rates last night 25 Basis Points, and the A$ gained… Gold sold off about $10 yesterday, and is basically flat this morning. Currencies today 6/5/12… American Style: A$ .9715, kiwi .7525, C$ .9595, euro 1.2420, sterling 1.5340, Swiss $1.0340, … European Style: rand 8.5140, krone 6.1155, SEK 7.2220, forint 243.60, zloty 3.5350, koruna 20.7050, RUB 33.29, yen 78.20, sing 1.2895, HKD 7.7585, INR 55.68, China 6.3670, pesos 14.27, BRL 2.0575, Dollar Index 82.86, Oil $83.92, 10-year 1.55%, Silver $28.23, and Gold… $1,616.25 That’s it for today… Well… Alex got home last night, but too late for me to see him… but I know he’s there, because his dirty dish and glass are on the counter… I left him a note that I had made a yummy pasta dish, and I guess he ate it, and left the proof on the counter! Teenage boys! Alex has to work today, and then a swim meet tonight, so I won’t see him tonight either! Cardinals finally won a game after a long week of losing! Well… time to get this out the door.. I thank you for reading the Pfennig, and I hope you have a Tom Terrific Tuesday! Chuck Butler President EverBank World Markets 1-800-926-4922 1-314-647-3837 www.everbank.comlast_img read more


In This Issue Dollar gets sold on disappointi

August 4, 2019

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first_imgIn This Issue. * Dollar gets sold on disappointing Retail Sales. * But rallies back in overnight and morning sessions. * China 1st QTR GDP at 7%. * 2 positive days is not a trend. And Now. Today’s A Pfennig For Your Thoughts. Retail Sales Up, But Disappointing. Good day.. And a Wonderful Wednesday to you! It’s also Tax Day, April 15th.  So, with that, we have a Pfennig Tradition for Tax Day. “Let me tell you how it will be, There’s one for you, nineteen for me, Cause I’m the Taxman, yeah, I’m the Taxman.” – The Beatles.  And I can tell you when I signed the paperwork to file my taxes on Monday, that’s how I felt. one for me nineteen for the taxman. So, now the government has taken their pound of flesh from me in taxes, I can begin to work for this year. The tax Freedom Day varies by state, but as a nation, the day is 5 days later this year than last year and arrives April 18th. Taxes. I saw a cartoon this past weekend in the paper, that a kid asks his day why he has to pay taxes, for he thought it was a “free country”. the dad says, we have to pay taxes so we can have schools, police, fire, and good roads.  But then says under his breath, it would be fine if it stopped there!…   I agree. Well, yesterday saw a wild swing in the currencies, and for once it was a positive swing, as the dollar got sold after the Retail Sales report printed. U.S. March Retail Sales grew at .9%, which missed the expectation of 1.1%, but that wasn’t the only thing that cast a shadow on the .9% increase over last month. The thing that cast the longest shadow on the data, was the fact that it was pumped up with Auto sales. Gasoline sales were down -.6%, and when you just look at the “control Sales” which removes auto and gas sales, Retail Sales were only up .3%…  That’s a far cry from 1.1% expected, eh? So, the dollar bugs crawled back into the floorboards, as the lights were turned out for the dollar on Tuesday. The markets seem to be getter smarter and doing what I’ve always done, look under the hood at data. The looked under the hood yesterday, saw that Retail Sales were not what they were made up to be, and then went about selling dollars, because it was another nail. Recall, that we talked about the need to begin gathering nails for the Fed’s rate hike coffin. And like I always tell you, watch the dollar for direction in the euro. So, the dollar got sold, and the euro rallied to 1.0650, almost a full cent on the day. But then a reminder of the fact that Greece is still hanging around the euro like a cheap suit, got to the euro overnight and it has given back ½-cent.  Well, Chinese 1st QTR GDP printed last night. I might remind everyone that the Chinese Gov’t said a few months ago that they believed GDP might fall to 7% (from 7.5%) and guess where 1st QTR GDP printed?  Ahhh grasshoppers you are so smart! Yes, of course 1st QTR GDP in China was 7%!  While 7% is not 10% like China used to print every quarter, it’s also not 1%, which is where I believe after all the revisions are made, the U.S. 1st QTR GDP will print. So, think about that for a minute. OK. Now that I’ve given you a minute to think about that, let’s talk about this from my point of view, which is you can grow your economy so strong that it reduces the debt. So, the U.S. needs to grow its economy to reduce debt, but it’s not. the average annual GDP 2.15% In the last 4 years. it just cracks me up when I hear people say stuff like GDP is growing. Well, technically it is, that is if you really want to count 2.15% a year as “real growth”, then go ahead. But it won’t make any dents in the national debt. Oh, and the Fed is still talking about hike rates. let’s see, we achieved an average growth the last 4 years of 2.15% with zero interest rates, I wonder how that will turn out when rates are raised? Of course, I’ve gone on record saying there will be no rate hike in June, and I know you’re getting tired of hearing that from me, but there are new readers every day folks, and this might be the first letter they read. Then in June when I’m doing the boogaloo down the streets of Broadway because I was right, they might think, “I don’t recall him saying that”.  The Fantastic Johnny C did that song, Boogaloo down Broadway, and the great Wilson Pickett sang “Funky Broadway”.  Two days do not make a trend. But the Norwegian krone has been in the black for two consecutive days. As I told you yesterday, the major trading in krone has been VS the euro, and thus the gains the krone is making VS the euro. But in the crosses that are traded, they eventually come back to dollar / krone, and the krone has a two consecutive day rally Vs the dollar going on. But I want to make sure that everyone understands that the krone is really trading VS the euro right now. it’s not a dollar / krone trade, but ends up being one on the crosses. But we’ll take any rally we can get from the krone, eh? The best performing currency overnight is once again the Russian ruble, which is now trading with a 50 handle. And Russia is getting ready to deal a bond offering that’s the largest they’ve done in 15 months, if that bond offering goes off without a hitch, we could very well see the ruble below 50 by the end of the day.  I’ll remind everyone that the ruble is an emerging market, and therefore only Speculative money by Speculators should be allocated to the ruble. And I also want to point out that before the conflict in Ukraine became headline news, and the sanctions were placed on Russia, the ruble traded around 35. The Chinese renminbi / yuan was allowed to appreciate by a wider margin than what we’ve seen lately. Apparently the Chinese Gov’t was pleased with their 7% GDP print!  I think it’s important to look at things relatively, and compare them to what’s around. That’s when China’s 7% GDP outshines just about everyone else, and given that they are tied with the U.S. as the world’s largest economies, it makes sense to compare their GDP number to that of the U.S.   When you do that, you get a different sense of what’s to come for the two countries. Well, at least I do. I know, I’m different when it comes to this stuff, but. it serves me well, I think! Well, as I’ve gone along here this morning writing the letter, the dollar has gotten a little stronger than when I first began to put things together for the letter. I also saw a snippet of an interview with Doug Casey in the Daily Reckoning yesterday, and in it, Doug attributes a lot of this temporary dollar strength to the fact that there’s so much dollar denominated debt in the World, and so much to have to take on, and that is supporting the dollar right now. The U.S. Data Cupboard is chock-full-o-data this morning. and it includes two of my fave prints: Industrial production (IP) and Capacity Utilization (CAPU) for March today. I would say that keeping with the weak data prints, that I would look for a very weak IP print today, and for CAPU to weaken too. We’ll also see the Net Long term TIC Flows, which I always remind everyone that this used to be a Big Deal, but no longer is. And the Fed’s Beige Book prints this afternoon. And as usual the markets will scour through the Beige Book for signs of direction. Gold is flat to down a buck or two this morning, it just keeps flipping back and forth. I haven’t seen anything else from the story I told you about yesterday that was in Ed Steer’s letter, talking about a secret meeting of Central Bankers in Washington this Friday to discuss Gold. This morning Ed has another intriguing headline it goes like this: Hedge Funds/ Managed Money Double Bullish Gold Price Bets.   Well, that’s fine, but they could really make a difference by stepping up the plate and knocking it out of the park by taking those futures trades and trading them in for physical Gold trades! For What It’s Worth. Several years ago, I sat in the audience at the Hotel Vancouver, during the premier showing of I.O.U.S.A. the award winning documentary that my friend Addison Wiggin and company put together to bring the problem of the U.S. Debt to the everyday man’s attention.  My oldest son Andrew, who teaches High School students, used to show I.O.U.S.A to his students, and quiz them on it, to make sure they understood what it was about, but it has become a little dated now. So, I lit up like a Christmas tree when I saw that Addison had an update in the Daily Reckoning www.dailyreckoning.com yesterday. So, here is Addison Wiggin. “The U.S. budget deficit widened slightly during the first half of the 2015 fiscal year,” reports The Wall Street Journal, “ending a streak of sustained declines.” The government spent $439 billion more than it took in revenue. That’s up 6% from the same period last year. Meanwhile, Obama, Boehner and McConnell are still patting themselves on the back — pointing out that deficits are still at the lowest levels in six years. Instead of spending trillions — with an s — they don’t have, they spend a singular trillion that they’re light. What they fail to mention is that the federal government took in $98 billion more in tax revenues than they did last year. In other words, the spending problem’s gotten worse.” Chuck again. When does all this crazy deficit spending end? Well, when daddy takes the T-Bird away, no wait! When daddy takes the credit card away. And who’s your daddy, is he rich like me? No wait! Man will I ever get through this part? But is our daddy is China? To recap. The dollar got sold yesterday after the markets looked under the hood of the March Retail Sales and found problems. But the dollar has come back overnight and in the morning session in Europe. The Russian ruble is the best performing currency overnight, and Chuck warns about the ruble being speculative money only. Chinese 1st QTR GDP rose 7% which is down from the previous quarter’s 7.5%, but still 7% is better than the 1% that Chuck believes the U.S. 1st QTR GDP will print when all the revisions have printed. And Gold is flat to down a buck or two this morning. Currencies today 4/15/15. American Style: A$ .7590, kiwi .7505, C$ .7975, euro 1.0590, sterling 1.4750, Swiss $ 1.0250, . European Style: rand 12.1350, krone 7.9575, SEK 8.7955, forint 281.10, zloty 3.7890, koruna 25.8635, RUB 50.63, yen 119.55, sing 1.3610, HKD 7.7515, INR 62.37, China 6.1340, pesos 15.32, BRL 3.0620, Dollar Index 99.17, Oil $53.90, 10-year 1.90%, Silver $16.15, Platinum $1,152.14, Palladium $ 765.60, and Gold. $1,191.39 That’s it for today. Well, thanks to all that sent along get well wishes to me yesterday. I think my proactive response to this coming on, saved me a trip to the hospital, at least for now it has!  I want to go back to S. Florida. I had not problems like this when I was there! The vitamin D was great every day! And besides it’s the middle of April and here in St. Louis, it’s damp, chilly, and gray. UGH! No double UGH, UGH! The Great Dusty Springfield is singing her song: song of a preacher man in the iPod right now. I’m really surprised I got through the letter today without nodding off, I just kept thinking, I’ll close my eyes for just a few minutes. and then I would say, “no you can’t do that”  and I didn’t, and now it’s finished! See what you can do when you put your mind to it! Now if the currencies and metals would do the same!  HA!  Hopefully the rain will stay away so the Cardinals can get back on the field tonight.. A day game tomorrow, and I won’t be able to go! UGH! I love day games, as I truly believe that’s when games should be played! And with that. I hope you have a Wonderful Wednesday! Chuck Butler Managing Director EverBank Global Marketslast_img read more


By Nick Giambruno editor Crisis Investing Rece

August 4, 2019

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first_imgBy Nick Giambruno, editor, Crisis Investing Recently, I left the worst place in the Western Hemisphere… Haiti is a scene of unending human tragedy. It’s by far the poorest and most messed-up country on this side of the globe. Most Haitians live on about $2 a day. Malnutrition and disease is rampant. Over 40% of the population is illiterate. The misery there is simply on a different level. Look at any international ranking, and Haiti is always at the bottom. It’s the last place anyone would think to visit, let alone invest in. That’s a big reason why I went. Anyone can go to France, or England, or Germany. Big deal. I’ve always enjoyed far-off places outside of the usual tourist circuit. I think they’re far more interesting. And they offer better adventures. Plus, strange countries with bad reputations are exactly the places a crisis investor should visit. The world’s most bombed-out, hated, and depressed regions can offer life-changing contrarian investment opportunities. Seeing these places firsthand also gives us valuable insight into what really happens when an economy totally collapses. That’s why I fly around the world with Doug Casey, chasing economic collapse, civil unrest, revolution, war, and geopolitical turmoil. Haiti is just our latest stop. Nick Giambruno and Doug Casey at the central bank of Haiti Dow 185,000? This highly accurate stock market indicator is flashing green on a massive bull run. The last time this happened, the Dow climbed 793% in the following years. If the Dow went up that high now – We’d be looking at Dow 185,000. Barking Dogs Seventy years ago, Singapore, Hong Kong, and Haiti were all at about the same economic level. Now Hong Kong and Singapore are some of the richest places on the planet. This shift did not happen by magic. It was simply a matter of protecting property rights, keeping taxes and inflation very low, and minimizing red tape for businesses. Haiti did the exact opposite. This is a big reason why the situation there is so bad… and only getting worse. It’s also a big reason why the country has almost no industry. Besides rum and some clothing, Haiti produces nothing. There’s prospective terrain for mining, but the suffocating bureaucracy makes it impossible. Hernando de Soto, a Peruvian economist, found it takes on average 19 years and 176 bureaucratic procedures to legally purchase real estate in Haiti. Here’s de Soto: Imagine a country where nobody can identify who owns what, addresses cannot be verified and the rules that govern property vary from neighborhood to neighborhood, or even from street to street. De Soto developed a simple shortcut to figure out who owns what in chaotic places like Haiti. You know when you’ve crossed onto someone else’s property when a different dog starts barking. The state doesn’t know who the real owners are, but the dogs do. Haiti’s only possible hope is for someone to take a machete to this bureaucratic Gordian knot. Gradual half measures won’t work. That’s what Doug and I explained to the Haitian government. This sort of radical change would be in its own interest to help it survive. The basic plot never changes in Haiti. The Haitian people get sick of their corrupt and incompetent rulers and violently rise up. The pattern has repeated itself over and over again. And, unless there’s drastic changes, it will happen again. Regards, Nick Giambruno P.S. A second passport is the ultimate insurance policy against an out-of-control government. Think of it as your “freedom insurance.” Among other things, having a second passport allows you to invest, bank, travel, live, and do business in places you wouldn’t otherwise be able to. Obtaining a second passport is a fundamental step toward freeing yourself from absolute dependence on any one country. Once you have that freedom, it’s much harder for any government to control your destiny. We just released a guide on the easiest countries to get a second passport from. Click here to download the PDF. Recommended Link The World’s First Economic Citizenship Program Doug and I were also in Haiti to pitch radical free market reforms to the highest levels of the Haitian government. This is a country with terminal cancer and multiple gunshot wounds. Band-Aids won’t do the trick. One of the ideas we discussed was economic citizenship. It’s well known that countries like Saint Kitts, Dominica, and Malta have official, legal programs to sell their citizenship and passports to foreign investors. But the whole concept is rooted in Haiti. During World War 2, Haiti offered a way out of Nazi Germany after many other doors had closed. The government sold Haitian passports for $3,000 (the equivalent of around $50,000 today). Those who could afford it could buy Haitian passports and escape Europe. For many, this was literally a matter of life or death. This program eventually led to a booming multibillion-dollar industry… just not in Haiti. Unfortunately, the country’s politicians dropped the ball. Today, Haiti is completely missing out on the economic citizenship industry it helped create. And, needless to say, it needs every penny it can get. Granted, a Haitian passport isn’t some grand prize. But it still gives you numerous political diversification benefits and visa-free travel to around 50 countries. That’s far fewer places than the first-tier economic citizenship programs. However, this just means a potential program for Haiti would have to cost less. But it could still bring in a significant amount of money to the country. If the government executed it properly and made a diplomatic push to increase the number of countries with visa-free entry, the program would be even more profitable. — — Recommended Link Have $20,000+?… Watch This GOLD Video NOW! ** This is NOT for amateurs ** Get this… If you’ve got $20,000 and you want to learn how to generate INSTANT cash from the gold market (like clockwork)… You’re going to want to see this 1 minute and 42 second video clip. Click here immediately to see this time-sensitive presentation.last_img read more


The list of traditional financial firms offering c

August 4, 2019

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first_imgThe list of traditional financial firms offering crypto trading to their millions of customers goes on and on.As you can see, just like how Apple went from a tiny market to a huge market—crypto is about to do the same.Don’t Get Distracted by PricesWe will look back on today’s crypto prices and marvel they were ever this cheap.It’s easy to get trapped into thinking the market is right and you are wrong.Many people made that mistake with Apple in 2003. I get that… because most folks think the market is rational.But I’ve learned the market can go through long periods when it’s not rational—just like in 2003 with Apple and now in 2018 with crypto.I’m here to tell you today—in no uncertain terms—the same series of events that led me to buy Apple in 2003 is happening right now in crypto.I know it’s unpleasant to watch the market get beat around like this. I hated watching my position in Apple drop 40% in early 2003.We will always have volatility in early stage tech plays. That’s why we use small, uniform position sizes. The second key to thriving is to stay focused on the big picture.The adoption of the crypto asset class by hundreds of millions of traditional investors is about to take a gigantic leap forward.And just like the influx of hundreds of millions of PC users exploded Apple’s stock higher… the influx of hundreds of millions of traditional brokerage customers will do the same for crypto prices.Those who position themselves now before this onrush of new investors will be in place to make truly life-changing wealth.Let the Game Come to You! Click here to learn more Pace of Innovation and Pace of AdoptionThe pace of innovation is how quickly a product or service is improving. The pace of adoption is how quickly people are using the product or service.These are my favorite two metrics to gauge the health of early stage tech.As I learned from Apple, price action can be the least-revealing factor of how successful an investment will be.During times of negative sentiment, price doesn’t tell you how well a company is doing. It just shows you how scared everyone is. The underlying fundamentals are forgotten.I’m sharing this ancient history with you because cryptocurrencies are having their own “2003 Apple moment.”Just like the iPod, the technology behind cryptocurrencies is improving every day…Developers are testing an innovation called the Lightning Network right now. It will allow bitcoin to essentially go from dial-up modem speeds to broadband speeds. This innovation will unleash enormous capabilities on the bitcoin network.For example, the Lightning Network will allow bitcoin users to make almost limitless and instantaneous transactions at virtually zero cost.The second—and ostensibly more important—metric for early stage tech investors is the pace of adoption. And we’re seeing rapid advances on this front: Investment bank Morgan Stanley has announced it will provide bitcoin-trading swap products for its 3.5 million wealth management clients. (Swaps are a type of derivative.) Last week, brokerage firm TD Ameritrade announced it will offer crypto trading to its 11 million clients via a partnership with crypto exchange operator ErisX. Recommended Link How to Value Cutting-Edge TechnologyJobs’ big mistake was he drew long-term conclusions about Apple’s value based on its stock price rather than on its technology.Here’s what I mean…In 2003, Apple’s most important product was the iPod. But only people with an Apple computer could use it. So the addressable market was only about 3% of computer users.However, I knew the company was working on a version of the iPod that would be compatible with personal computers. And PC users made up the other 97% of the market.For me, the decision to buy Apple was easy.I went out, bought an iPod, and confirmed it was an amazing device. I recognized the iPod as the most transformational music device since the Sony Walkman of the 1980s.It was a no-brainer that PC users would fall in love with iPods—just as Apple users had. Except this time, Apple could sell iPods to a market of hundreds of millions of PC users instead of the tiny market of fewer than 10 million Mac users.And that’s exactly what happened.By 2004, Apple’s stock had doubled… And the company was well on its way to becoming the tech juggernaut we all know today. Since the lows of 2003, shares have gone from a split-adjusted 91 cents to $233.My clients made a bundle.So here’s the investment lesson from Apple…When it comes to early stage technology like the iPod, I look at two key drivers to gauge the health of an investment: 1) the pace of innovation, and 2) the pace adoption. — Invest Before November 14…On November 14, the U.S. government is holding a special auction – one that could unlock an internet with speeds 100 times faster than anything we have right now. This innovation could add $10 trillion to our economy by 2020. And it could send the share prices of three key companies soaring – by the end of this year. Teeka Tiwari Editor, Palm Beach ConfidentialP.S. I recently got together with TV host Glenn Beck to discuss a major coming change in the crypto market that I believe will spark the next wave of cryptocurrency millionaires…The amazing news for you is, just a few days ago… the Securities and Exchange Commission handed you a rare second chance to get in before you miss out.You can view this free event tonight at 8 p.m. ET. During the broadcast, I’ll reveal three of my top cryptocurrency recommendations.And as a bonus for signing up, I’ll send you a free copy of my latest report, The Crypto Manifesto: Why Cryptocurrencies Are The Smartest Speculation You Can Make Today.Just click here to automatically register your email address…READER MAILBAGHave you started investing in cryptocurrencies? Let us know how it’s going here.IN CASE YOU MISSED IT…Teeka will present his latest cryptocurrency research at the Legacy Investment Summit during October 18 and 19 in Bermuda.He’ll be joined by media personality Glenn Beck, award-winning journalist John Stossel, as well as 15 more of the brightest minds in finance.Now, we realize not everyone can (or wants to) travel out of town, away from work, family, and home for several days to attend a conference…That’s why we made a special “livestream” available so that you can watch the entire conference from the comfort of your own home. Learn more about this opportunity right here. U.S. Dollar “Coup” Takes Place While Trump Out of Country?On July 13, 2018, something incredible happened… While President Trump was overseas, several powerful leaders and businessmen got together for a secretive meeting—just 100 miles from New York. They met to discuss a radical idea that could affect any American citizen holding U.S. dollars. One man inside the meeting has now broken his silence and reveals the stunning details he discovered… Next month, the Intercontinental Exchange (ICE) will launch a trading platform called Bakkt. The platform will allow ICE customers to buy, sell, and trade cryptocurrencies. It will also provide custody services. ICE owns the New York Stock Exchange and other global exchanges. By the end of the year, Fidelity Investments—which has $2.4 trillion in assets under management—says it will offer crypto products to its 27 million customers. U.S. Dollar “Coup” Coming? The full scoop… Global bank Citigroup—which has 200 million customers—has announced it will launch digital asset receipts (DARs). DARs will be similar to American depository receipts (ADRs), which are stocks that trade in the U.S., but represent shares of a foreign corporation. Instead of stocks, DARs will represent cryptocurrencies. Recommended Link — Justin’s note: Regular readers know that cryptocurrencies are presenting a massive money-making opportunity today. Still, many people aren’t seeing the big picture. They’re focused on bitcoin’s recent price action instead of understanding what it means to invest in an early stage technology.As you’ll see in today’s featured essay, it’s a mistake even Apple’s late CEO Steve Jobs made. Below, world-renowned cryptocurrency expert Teeka Tiwari explains how this mistake cost Jobs $75 billion… and could cause you to miss out on life-changing gains…By Teeka Tiwari, editor, Palm Beach ConfidentialIn 2003, I started recommending Apple to my clients.At the time, the stock had been destroyed. Prices dropped from a high of $36 per share to $12 when I bought it.Shortly after I started buying, news came out there was massive insider selling… and the stock plummeted to $7.Who was that insider?Steve Jobs—the guy who rescued Apple.On March 19, 2003, Jobs disposed of 27.5 million shares via his stock options. He would eventually sell a total of 55 million shares (via stock options sales to Apple) that year for an average price of $1.36 per share.Imagine the calls I got from my clients at the time…While I was buying Apple, Steve Jobs—the guy who was brought in to rescue the company—was dumping millions of dollars’ worth of stock…People thought I was crazy.But they fell into a trap that catches many amateurs who don’t understand investing in breakthrough technology… You can be brilliant at technology (like Jobs) and be just absolutely dumb at understanding how markets work.Jobs was a marketing savant and a great CEO. He turned Apple around and made it the largest company by market cap in the United States.But his mistake in 2003 cost him a bundle. Adjusted for stock splits, the shares he sold would be worth over $75 billion today.So what did I see in 2003 that Jobs didn’t? Investment bank Goldman Sachs has announced it will launch a crypto trading desk. It’s also considering launching a crypto custody product for its institutional clients. The firm has already invested $400 million to acquire cryptocurrency exchange Poloniex.last_img read more


This story was copublished with ProPublicaDoctor

August 3, 2019

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first_imgThis story was co-published with ProPublica.Doctors would see new mothers sooner and more frequently, and insurers would cover the increased visits, under sweeping new recommendations from the organization that sets standards of care for obstetrician-gynecologists in the U.S.The 11-page “committee opinion” on “Optimizing Postpartum Care,” released today by the American College of Obstetricians and Gynecologists (ACOG), represents a fundamental re-imagining of how providers, insurers and patients can work together to improve care for women after giving birth. “To optimize the health of women and infants, postpartum care should become an ongoing process, rather than a single encounter, with services and support tailored to each woman’s individual needs,” the committee opinion states.While an ACOG task force began rethinking its approach several years ago, the guidelines arrive at a moment of mounting concern about rising rates of pregnancy-related deaths and near-deaths in the U.S. As ProPublica and NPR have reported, more than 700 women die every year in this country from causes related to pregnancy and childbirth and more than 50,000 suffer life-threatening complications, among the worst records for maternal health in the industrialized world. The death rate for black mothers is three to four times that of white women.The days and weeks after childbirth can be a time of particular vulnerability for new moms, with physical and emotional risks that include pain and infection, hypertension and stroke, heart problems, blood clots, anxiety and depression. More than half of maternal deaths occur after the baby is born, according to a new CDC Foundation report.Yet for many women in the U.S., the ACOG committee opinion notes, the postpartum period is “devoid of formal or infor­mal maternal support.” This reflects a troubling tendency in the medical system — and throughout American society — to focus on the health and safety of the fetus or baby more than that of the mother. “The baby is the candy, the mom is the wrapper,” said Alison Stuebe, who teaches in the department of obstetrics and gynecology at the University of North Carolina School of Medicine and heads the task force that drafted the guidelines. “And once the candy is out of the wrapper, the wrapper is cast aside.”The way that providers currently care for pregnant women and infants versus new mothers exemplifies this difference. During the prenatal period, a woman may see her ob-gyn a dozen or more times, including at least two checkups during her ninth month. Her baby’s first pediatric visit usually occurs a few days after birth. But the mother may not have a follow-up appointment with her own doctor until four to six weeks after delivery — and in many cases, insurance only covers one visit. “As soon as that baby comes out, [the mom] is kind of an afterthought,” said Tamika Auguste, associate medical director of the MedStar Health Simulation Training & Education Lab in Washington, D.C., and a coauthor of the ACOG opinion.For working mothers, having to wait four to six weeks makes it harder to arrange a check-up.Some 23 percent of mothers employed outside the home are back on the job within 10 days of giving birth, a 2014 report for the U.S. Department of Labor found; another 22 percent return to work within 40 days. Lack of childcare and transportation can also present significant hurdles to accessing care. According to ACOG, as many as 40 percent of women skip their postpartum visit; for low-income women of color, the rates are even higher. “You may have a woman that has asthma, is having problems lactating, and is obese, and when they come to see you at six weeks, we have missed the boat here,” Auguste said. Nor is a single visit enough time to address a new mother’s questions and concerns, especially if she had a complicated pregnancy or is suffering from chronic conditions such as hypertension, diabetes or a mood disorder. “We’re trying to address all of the issues that women are dealing with after having a baby in one 20-minute encounter,” Stuebe said. “And that’s really hard to do.”Under the new ACOG guidelines, women would see their providers much earlier — from within three days postpartum if they have suffered from severe hypertension to no later than three weeks if their pregnancies and deliveries were normal— and would return as often as needed. Depending on a woman’s symptoms and history, the final postpartum visit could take place as late as 12 weeks after delivery and ideally would include “a full assessment of physical, social, and psychological well-being,” from pain to weight loss to sexuality to management of chronic diseases, ACOG says.In another significant change, ACOG is urging providers to emphasize in conversations with patients the long-term health risks associated with pregnancy complications such as preterm delivery, preeclampsia and gestational diabetes. “These risk factors are emerging as an important predictor of future [cardiovascular disease],” the recommendations state. “…[B]ut because these conditions often resolve postpartum, the increased cardiovascular disease risk is not consistently communicated to women.”Earlier, more frequent and more individualized care could be a step toward addressing the stark racial disparities in maternal and infant health, said ACOG’s outgoing president, Haywood Brown, who has made reforming postpartum care one of the main initiatives of his term. Black mothers are at higher risk for many childbirth complications, including preeclampsia, heart failure and blood clots, and they’re more likely to suffer long-lasting health consequences. They also have higher rates of postpartum depression but are less likely to receive treatment. Regardless of race, for women whose pregnancies are covered by Medicaid, the postpartum period may be their best opportunity to get help with chronic conditions before they lose insurance coverage.The new guidelines urge doctors to take a proactive approach, helping patients develop a postpartum care plan while still pregnant, including a team of family and friends to provide social and other support. According to ACOG, one in four new mothers surveyed recently said they didn’t even have a phone number of a health care provider to contact with concerns about themselves or their babies.ACOG isn’t the only organization calling for a reinvention of postpartum care; patient-safety groups, researchers, nurses and midwives have also tackled the issue, recasting the three months after birth as akin to a “fourth trimester.” “The postpartum period has become a priority,” said Debra Bingham, a professor of nursing at the University of Maryland and executive director of the Institute for Perinatal Quality Improvement who has participated in many of these initiatives.Some providers, including Brown, who is affiliated with Duke University, are already incorporating some of ACOG’s ideas. Still, putting the reforms into common practice may take years. One of the biggest impediments is insurance reimbursement. Currently, payment for prenatal care, delivery and a single post-birth visit is bundled together into one global fee, creating a disincentive for doctors to see patients more than once, Auguste said.The disincentives are greater for women on Medicaid, which pays for about half of U.S. births. What’s more, in many states Medicaid coverage ends at two months postpartum. The ACOG opinion didn’t estimate the cost of implementing its recommendations. Brown agreed that revamping how postpartum care is reimbursed is critical, and insurance representatives — along with members of other medical specialties — were on the ACOG task force that drafted the new guidelines. “I want to make sure that I get some employee health plans and some health systems to adopt this nationally,” Brown said.Although the guidelines are aimed at ob-gyns, they would require changes throughout the maternal care system. That’s what ACOG is hoping for. “It’s really a societal call to action,” Stuebe said. Copyright 2018 ProPublica. To see more, visit ProPublica.last_img read more


Disabled activists and shadow ministers at a parli

July 31, 2019

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first_imgDisabled activists and shadow ministers at a parliamentary meeting have been told of ways they could help to reduce the appalling damage caused by the government’s hated “fitness for work” assessment and other social security cuts and reforms.Academics, researchers, politicians and campaigners spoke at yesterday’s (Thursday’s) meeting (pictured), which was hosted and organised by Labour’s shadow chancellor John McDonnell as part of a lobby of parliament.The First DoNo Harm lobby focused on the continuing refusal of ministers to ensure thatsufficient medical evidence is gathered before decisions are made on claims forout-of-work disability benefits, particularly for people with mental distress.Years of researchhas shown that deaths of claimants have been closely linked to the failure to ensurethis further medical evidence is obtained.A series ofspeakers described the continuing harm – including deaths – caused to disabledpeople by the work capability assessment (WCA) process and the sanctioning of claimants.Labourshadow ministers said they would shortly be launching a consultation ondesigning a new social security system that has “respect at its core and treatspeople with dignity”.This willinclude scrapping the WCA and the personal independence payment assessment andreplacing them with a personalised assessment process and putting an end to theprivatisation of the assessment process through companies like Atos, Maximusand Capita.But twospeakers also suggested that there was crucial short-term action that could betaken to save the lives of disabled people before any change of government.JohnMcArdle, co-founder of Black Triangle, delivered a presentation on behalf ofEdinburgh GP Dr Stephen Carty, the campaign’s medical adviser.Dr Cartysaid he often includes a written warning at the bottom of the Med 3 form that GPsmust fill out when someone is not well enough to work – known as the fit note –that the patient would be “at substantial risk of a deterioration in theirphysical and/or mental health” if found fit for work or work-related activityafter a WCA.He said headds: “If a decision is made not to award this claimant benefits and there is asignificant adverse outcome I will report the medical decision maker to theGeneral Medical Council.”He has totake this step because there is no other system in place to do so, he said.He added: “Ihave lost count of the numbers of evictions [and] drug and alcohol relapseswhilst in recovery and medical catastrophes related to adverse benefitdecisions.”Dr Cartysaid that both the Med 3 form and the claim form for out-of-work disabilitybenefits should be amended to ask the claimant’s GP directly – in every caseinvolving a sick or disabled claimant – if there would be a substantial risk ofharm if the claimant was found fit for work or to be able to carry out somework-related activity.McArdle toldthe meeting that this was a human rights issue that “ought in a civilisedsociety to transcend all forms of party politics” and that MPs needed to workon a cross-party basis to introduce such a change.He hopesthis change could now come through pressure from an early day motion and a privatemember’s bill.He told themeeting: “I don’t think anybody reasonably can deny the direct link between theWCA and people dying in destitution and from suicide.“We need towork together to get more than half of these MPs to say enough is enough. Thismust happen.”RickBurgess, of GreaterManchester Coalition of Disabled People and Recovery in the Bin,detailed four ways in which campaigners could immediately save lives and reducesome of the harm being caused to disabled benefit claimants by taking action atlocal level.The first,he said, was to talk to local Department for Work and Pensions (DWP) andjobcentre area managers, and MPs, councillors and council officers, aboutsanctions that have been imposed and “see what wiggle room there might be” toreduce or remove them.He said:“The product of most of those conversations has been not a big reduction but areduction.” Every one of these conversations could result in a life saved, hesaid.Secondly, campaignerscan put pressure on local councils not to cut their welfare assistance schemes –if they still exist – and can raise awareness of such schemes.A thirdmeasure, he said, was to provide and raise awareness about advice and advocacy,help people to record their benefit assessments, and accompany them to theirassessments and appeals.He said thatrecording benefit assessments, where possible, was the “single best thing toimprove the quality of the assessment” because the assessors then “feel lessfree to defraud you”. He said:“The tip of the spear of the DWP assault on us is the assessments.“If you getpeople helped at the assessment stage you may be saving them from a lot moretrouble down the line.”And, hesaid, as a result of council tax benefit cuts there now needed to be morejoined-up work on “how to deal with the council tax you can’t pay”.Burgess alsosaid there was no assessment phase under the new universal credit benefitsystem, so people who were not able to work were now being sanctioned whilewaiting for their WCA, or their claims were being closed.He said: “InManchester, we have had examples of people in a psychotic crisis expected toattend work interviews.”They fail toattend, are sanctioned, lose their flat and end up living on the street, hesaid.He added: “Itgets cold, they are dead on the street. 50dead bodies this winter*. 50! That’s happening.”Again, hesaid, jobcentres can be approached to use their discretion to waive universalcredit sanctions as a harm reduction measure.GillThompson told the meeting how her brother David Clapson had died in July 2013 froman acute lack of insulin, three weeks after having his jobseeker’s allowancesanctioned.Because hehad no money, he couldn’t afford to pay for electricity that would have keptthe fridge where he kept his insulin working, in the height of summer, and hehad also run out of food. He had just £3.44 left in his bank account when hedied.She told thoseat the meeting, some of whom were close to tears: “David should not have beensanctioned. They say that sanctions are a last resort, but he missed twomeetings and he died.“What upsetsme more is that people are still dying.”Thompsonsaid: “He was struggling and he turned to the state for help and he didn’t getany.“I justdon’t understand how this can happen. Sanctions should not be allowed.“I do feelthat if he hadn’t been sanctioned, he might still be here. I don’t know, but hemight still be here.”DeniseMcKenna, from the Mental Health Resistance Networkand Disabled PeopleAgainst Cuts, said there were a “whole host of reasons” whyself-reporting your own medical evidence as part of the WCA process was difficultfor people with mental health problems.But she alsopointed out that mental health care itself was “a shambles”, with the idea ofwork as a cure now “deeply embedded in the psychiatric system” and the trustbetween mental health service-users and the psychiatric profession “almostcompletely collapsed”.She saidsociety was now seeing a similar abuse of psychiatry to the gay conversiontherapies practised in the 1960s and 70s.McKennasaid: “All of the treatments that are available are based on the idea that youare responsible for your mental distress and if you behave well enough and youtry hard enough you can get better.“It’s justas damaging as what happened to those gay men in the 60s and 70s. It’sdespicable.“We cannothave people who are both terrorised by the DWP and the psychiatric system.”Catherine Hale,lead researcher and project manager of the Chronic Illness Inclusion Project(CIIP), and a member of the Spartacus Network,told the meeting that the hostile environment that had led to disabled people beingviewed as “objects of hostility and distrust” was not accidental.Shehighlighted how its origins lay in thewritings of Gordon Waddell and Mansel Aylward, who advised insurancecompanies and governments on ways to cut pay-outs to sick and disabled people,as she said had been demonstrated by another disabled researcher, Mo Stewart.Hale said:“According to them, the only way to get us out of our self-imposed ill-healthis through compulsion and punishment, also known as sanctions. “The firstthing we need to do to overturn the hostile environment is to call out andreject these theories.“We nolonger allow scientists to say that homosexuality is a psychiatric condition orthat some races are less intelligent than others, so let’s root out thisso-called science that says that disabled people are liars and cheats.“Stopdesigning assessments that treat us as guilty until proven innocent.”  She added:“We should not be assessing work capability. We should be assessing structuraldisadvantage in the labour market.”And she toldthe meeting: “Let’s move away from the mantra that says that paid work is theonly valid route to being a good citizen in our society.”MarkHarrison, from the ReclaimingOur Futures Alliance, said that disabled people needed to be “in thelead” in co-producing Labour’s new policies ahead of a Labour government.But he saideach policy needed to be assessed on whether it complied with the UN Conventionon the Rights of Persons with Disabilities (CRPD), in a process that should beled by disabled people.He said: “Ifwe don’t have that we are going to end up in problems because if we can’tscrutinise the plans of spending departments, as disabled people we are theonly ones who know whether it is CRPD compliant, we are the only ones who knowwhether it’s based on the social model.”Dr DavidWebster, anexpert on benefit sanctions from the University of Glasgow, delivered abriefing on his work, which argues against sanctions and conditionality forsick and disabled benefit claimants.He said thatWaddell and Aylward’s work had been “quite clearly intended to soften upopinion so as to prepare the ground for the introduction of ESA**-typeprovision”.He added:“The campaign since 2008 to drive sick and disabled people into work throughconditionality [such as sanctions] has failed but it has caused a lot ofcollateral damage.“It neverhad any proper evidence base.”McDonnell calledfor a rolling programme of lobbying MPs in their own constituencies about theharm being caused to disabled people to ensure that “we are not allowing MPsnot to become aware of what is happening within their area”.He said someMPs only began to appreciate the impact of the government’s reforms once theywere confronted with the reality of what was happening in their ownconstituency and perhaps being introduced to someone who had been sanctioned. He said theimpact of universal credit on all MPs’ constituencies was “brutal”, while theESA process was “pushing people to the edge”.He said:“The sanctions regime is still there and people being hardest hit are disabledpeople and particularly those with mental health issues.”But McDonnellsaid he thought people were finally waking up to “the scale of the sufferingthat’s gone on”, and he said that the work of disabled researchers andcampaigners like Hale, Stewart and McArdle was “academically and intellectuallyunchallengeable now”.Marsha de Cordova, Labour’s shadow minister for disabled people, told the event: “Nine years of austerity has led to the hostile environment that has been created for disabled people.”She said thecurrent assessment regime was “cruel” and “not fit for purpose”, and she added:“People should view the social security system in the same vein as they viewthe NHS because the welfare state was introduced as a safety net.”MargaretGreenwood, the shadow work and pensions secretary, said there needed to be a“sea change in the way in which disabled people are treated and we want asocial security system that has respect at its core and treats people withdignity.”*Officefor National Statistics figures show at least 50 homeless peopledied in Greater Manchester in 2017**The out-of-work disability benefit employment and support allowancePicture by Mark LucasA note from the editor:Please consider making a voluntary financial contribution to support the work of DNS and allow it to continue producing independent, carefully-researched news stories that focus on the lives and rights of disabled people and their user-led organisations. Please do not contribute if you cannot afford to do so, and please note that DNS is not a charity. It is run and owned by disabled journalist John Pring and has been from its launch in April 2009. Thank you for anything you can do to support the work of DNS…last_img read more


Yahoos New Gemini Tool Ties Mobile Ads and Native Search Together

July 26, 2019

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first_img Learn how to successfully navigate family business dynamics and build businesses that excel. Image credit: Yahoo –shares Next Article 2 min read Register Now » Kim Lachance Shandrow February 20, 2014center_img Marketing Add to Queue Former West Coast Editor Yahoo has long talked a big talk about making a bigger, better footprint in the mobile advertising game. Now, with Gemini, a tool the company just launched that combines native search and mobile ads, it just might be able to walk the walk — or at least make a move on Twitter and Facebook’s fat slice of the mobile pie.Gemini, which Yahoo yesterday announced on Tumblr, is a self-serve all-in-one solution for native advertising and mobile search. The Sunnyvale, Calif.-based Internet giant is calling the “unified marketplace” tool the first of its kind to tie the two ad styles together. (Like twins? Presumably that’s how they came up with the name Gemini.)Related: Yahoo Picks Up Social Diary Startup for a Reported $10 Million“With Yahoo Gemini, advertisers get the performance and ease of search, combined with the scale and creativity of native advertising,” said Jay Rossiter, senior vice president of Yahoo’s cloud platform group, and Adam Cahan, senior vice president of the company’s mobile and emerging products division, in the announcement. “By bringing the two together, advertisers can now buy, manage and optimize their mobile search and native ad spend in one place — driving greater performance and higher impact for their businesses and brands.”Related: At Yahoo, a $42 Billion Change of HeartAdvertisers can access Gemini from the Yahoo Ad Manager, the self-service ad-buying platform that CEO Marissa Mayer introduced in her CES keynote speech on Jan. 7, earlier this year.  Previously, advertisers would have had to manage Yahoo’s mobile search ads using the Bing Ads platform.   Yahoo’s New ‘Gemini’ Tool Ties Mobile Ads and Native Search Together Free Webinar | July 31: Secrets to Running a Successful Family Businesslast_img read more


US Airlines Group Expects Busiest Summer Travel Season

July 26, 2019

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first_img 1 min read Reuters Next Article –shares Add to Queue U.S. Airlines Group Expects Busiest Summer Travel Season May 18, 2015 Summer travel on U.S. airlines is expected to reach an all-time high this year on the wings of a strong U.S. economy, Washington-based trade group Airlines for America said on Monday.The group estimates that about 222 million passengers will fly on U.S. airlines from June through August, up 4.5 percent from the same time last year.U.S. carriers are increasing the number of seats available for booking by 4.6 percent to accommodate the demand, the group said.”The continued rise in U.S. consumer sentiment and employment is leading to more people traveling more often,” the group’s Chief Economist John Heimlich said in a statement.The top three nonstop international destinations from the United States are Canada, Mexico and the United Kingdom, the group said.Strong U.S. domestic demand is poised to benefit American Airlines Group Inc (AAL.O), United Continental Holdings Inc (UAL.N), Delta Air Lines Inc (DAL.N) and others, while the lower cost of fuel – airlines’ largest variable expense – is adding hundreds of millions of dollars to their bottom lines.(Reporting by Jeffrey Dastin in New York; Editing by Richard Chang) The only list that measures privately-held company performance across multiple dimensions—not just revenue. Airlines This story originally appeared on Reuters 2019 Entrepreneur 360 List Apply Now »last_img read more


Uber Wins a Major Lawsuit in the UKs High Court

July 26, 2019

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first_img Next Article Ride-hailing app service Uber has won an important legal battle in one of its most important foreign markets.The U.K.’s High Court Friday ruled that the company’s app doesn’t work as a taximeter, effectively upholding the right of its drivers to work in London, Europe’s largest single city market for the business.It’s a welcome victory in Europe for the controversial company, which has faced some increasingly stiff pushback from regulators and governments across the continent. Its European headquarters in Amsterdam were raided two weeks ago by prosecutors, and two of its top European managers have been indicted in France after defying a government ban on its UberPop ride-sharing service. UberPop has also been banned in Germany.Together with local taxi drivers’ assocations and Transport for London, the authority that regulates public and private transport in the British capital, Uber had asked the U.K. High Court to clarify a point of law that says only licensed operators may run cab services with a taximeter. The court ruled that Uber’s app isn’t a taximeter as such (even though the app uses time and distance to calculate a fare, and is referred to as a meter in Uber’s own marketing materials).“The law really is an ass!” the London Taxi Drivers’ Association said via its Twitter account, adding that it would appeal the decision to the High Court. –shares Register Now » Add to Queue Image credit: Reuters | Sergio Perez This story originally appeared on Fortune Magazine Learn how to successfully navigate family business dynamics and build businesses that excel.center_img Uber 2 min read Uber Wins a Major Lawsuit in the U.K.’s High Court Free Webinar | July 31: Secrets to Running a Successful Family Business Geoffrey Smith October 16, 2015last_img read more


Uber Expands Its UberEATS App

July 26, 2019

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first_img Add to Queue Image credit: Uber Blog Uber Expands Its UberEATS App Free Webinar | Sept 5: Tips and Tools for Making Progress Toward Important Goals Writer at Fortune.com Register Now » Michal Addady Uber announced on Wednesday that it’s delving further into food delivery with its new UberEATS app, separating its food delivery from its ride-sharing service.The original UberEATS launched in Los Angeles last year, and has since moved into Toronto, New York City, Austin, Chicago, and Barcelona. It promised delivery in 10 minutes or less, but only operated during certain hours, which vary in the different locations, with a selection limited to just a couple of options.The UberEATS app, currently only available in Toronto, offers longer hours and a much wider selection. It will be available every day from 10 a.m. to 10 p.m. and customers can view full menus from over 100 restaurants.It will also offer an Instant Delivery menu during lunch hours for a quicker option that should be delivered in around 10 minutes. December 11, 2015 Uber This story originally appeared on Fortune Magazine 1 min read –shares Attend this free webinar and learn how you can maximize efficiency while getting the most critical things done right. Next Article last_img read more


Selfie Gone Wrong Fells 126YearOld Statue of Portuguese King

July 26, 2019

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first_img Reuters Selfie Gone Wrong Fells 126-Year-Old Statue of Portuguese King Next Article A young man’s attempt to take a selfie snapshot with the statue of a 16th century Portuguese king ended badly when the 126-year-old statue crashed to the ground and shattered, police said on Wednesday.The man, whom police did not identify, accidentally toppled Dom Sebastiao’s statue after climbing up to its pedestal outside the ornate Rossio railway station in central Lisbon just before midnight on Tuesday.He tried to flee the scene but police caught him. He will appear before a judge at a later date.The child-sized statue of the sad-eyed, sword-wielding king stood in a niche between two horseshoe-shaped arches at the entrance to the station. Completed in 1890, the station is a protected monument.Dom Sebastiao, who ruled between 1557 and 1578, is a tragic figure in Portuguese history, dying in battle at the age of 24 during a crusade of his own making in Morocco.His body was never properly identified, giving rise to a legend that the king would one day return to claim his throne and save Portugal in times of trouble.(Reporting by Andrei Khalip; Editing by Axel Bugge and Gareth Jones) Add to Queue 1 min read Dom Sebastiao statue is seen at Rossio station in downtown Lisbon, Portugal. 46shares Learn how to successfully navigate family business dynamics and build businesses that excel. This story originally appeared on Reuters Image credit: Reuters | Rafael Merchante Selfie Register Now » May 6, 2016 Free Webinar | July 31: Secrets to Running a Successful Family Businesslast_img read more


Facebook to verify ads with postcards after Russian meddling Update

July 18, 2019

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Seattle says Facebook is violating law about election ads Citation: Facebook to verify ads with postcards after Russian meddling (Update) (2018, February 18) retrieved 18 July 2019 from https://phys.org/news/2018-02-facebook-ads-postcards-russian.html Facebook will soon rely on centuries-old technology to try to prevent foreign meddling in U.S. elections: the post office. Baffled in 2016 by Russian agents who bought ads to sway the U.S. presidential campaign, Facebook’s global politics and government outreach director, Katie Harbath, told a meeting of the National Association of Secretaries of State in Washington on Saturday that the company would send postcards to potential buyers of political ads to confirm they reside in the U.S.The recipient would then have to enter a code in Facebook to continue buying the ad. The method will first apply to ads that name candidates ahead of the midterm elections in November, said Facebook spokesman Andy Stone.The plan was unveiled a day after special counsel Robert Mueller charged 13 Russians with interfering in the presidential election. Mueller’s indictment described how Russian agents stole social security numbers and other information from real Americans and used them to create bank and PayPal accounts in order to buy online ads. Agents also recruited Americans to do things such as hold up signs at rallies organized to create content for Russian-created social media posts.Facebook uncovered some 3,000 Russian-linked ads on Facebook and Instagram bought before and after the November 2016 election that it says may have been seen by as many as 150 million users. But ads were only part of the problem, as the Mueller indictments say that Russian agents also set up fake pages with names such as “Secured Borders,” ”Blacktivist” and “United Muslims of America” that had hundreds of thousands of followers.Facebook did not say how the new postcard method of verification would prevent foreign agents from setting up local mailing addresses and hiring people in the U.S. to check them. But Stone said the method was “one piece of a much larger effort to address foreign electoral influence on our platform.”Facebook’s efforts largely center around verifying people on the platform are who they say they are. To catch duplicitous ad-buyers, for instance, it is now testing out in Canada a system that allows people to see which ads are being bought by a Facebook page—say, a candidate’s—even if the person checking the ad is not in the group to whom the ad was intended to be shown.Stone said Facebook was also able to detect and remove “tens of thousands” of fake Facebook pages in advance of French, German and British elections last year using improved machine learning techniques.The company has said it would double the number of people working on its safety and security team to 20,000 this year and add 1,000 people to review advertising content. © 2018 The Associated Press. All rights reserved. Explore further In this June 4, 2012 file photo, a girl looks at Facebook on her computer in Palo Alto, Calif. Baffled in 2016 by Russian agents who bought ads in an attempt to sway the U.S. presidential campaign, Facebook told the National Association of Secretaries of State on Saturday, Feb. 17, 2018, that the company would send postcards to potential buyers of political ads to confirm they reside in the U.S. The plan was unveiled a day after special counsel Robert Mueller charged 13 Russians with interfering in the presidential election. (AP Photo/Paul Sakuma, File) 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. read more


Rajiv assassination case Victims kin oppose TNs move to release convicts

July 17, 2019

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first_imgPublished on crime, law and justice Tamil Nadu COMMENTS terrorism (crime) September 17, 2018 supreme_court The Supreme Court Monday allowed the kins of those who had died in a bomb blast along with former Prime Minister Rajiv Gandhi in 1991, to file additional documents in their plea objecting to the Tamil Nadu government’s decision to release seven convicts in the case. A bench of Justices Ranjan Gogoi, Navin Sinha and K M Joseph listed the matter for further hearing after four weeks. Advocate G Sivabalmurugan, appearing for petitioner S Abbas and three others, said their writ has been pending since 2014 when they had challenged the first decision of then J Jayalalithaa-led government to release the seven convicts. He sought permission to file additional documents and amend the petition, saying recently, the Tamil Nadu government has again decided to release these convicts.After Sivabalmurugan said several orders have been passed by the apex court since 2014 with regard to the case and he needed to put it on record, the bench asked him to file the additional documents.S Abbas, now 35, was eight years old when his mother had died in the blast triggered by an LTTE suicide bomber in which the former Prime Minister was killed at Sriperumbudur in Tamil Nadu on May 21, 1991.On September 6, in a separate case, the apex court had asked the Tamil Nadu Governor to consider the mercy petition of A G Perarivalan, a convict in the 1991 Rajiv Gandhi assassination case.The Centre had on August 10 told the apex court that it does not concur with the Tamil Nadu government’s proposal of 2014 to release the seven convicts in the Rajiv Gandhi assassination case, claiming remission of their sentence will set a “dangerous precedent” and have “international ramifications“.On August 20, 47-year old Perarivalan alias Arivu had told the apex court that no decision has been taken as yet on his mercy petition filed before the Tamil Nadu Governor over two years ago under Article 161 of the Constitution. He had filed the petition on December 30, 2015, saying he had suffered over 24 years of solitary/single confinement.He was charged with supplying a 9-volt battery which was allegedly used for the belt bomb that had killed Gandhi and 14 others.Convicts Perarivalan, V Sriharan alias Murugan, T Suthendraraja alias Santham, Jayakumar, Robert Payas, P Ravichandaran and Nalini have been in jail for more than 25 years.Rajiv Gandhi was assassinated on the night of May 21, 1991 at Sriperumbudur in Tamil Nadu by a woman suicide bomber, identified as Dhanu, at an election rally. Fourteen others, including Dhanu herself, were also killed.This was perhaps the first case of suicide bombing which had claimed the life of a high-profile global leader.The apex court had on February 18, 2014, commuted the death sentence of three convicts – Murugan, Santhan and Perarivalan – citing inordinate delay by the executive in deciding their mercy plea.After Gandhi’s assassination, the probe was transferred from the state police to a Special Investigation Team of the CBI at the request of the Tamil Nadu government.The SIT had named 41 accused in its charge sheet – including 12, who died in the blast and three who were absconding – before a TADA court in Chennai. The prolonged trial culminated in 1998, when the TADA court sentenced 26 of the accused to death.In May 1999, the apex court had upheld the death sentence of four, including Murugan, Santham, Perarivalan and Nalini, commuted the death sentence of three to life, and freed the remaining 19.In April 2000, the Tamil Nadu Governor had commuted the death sentence of Nalini on the basis of state government’s recommendation and an appeal by Rajiv’s wife and then Congress President Sonia Gandhi.The death sentence of the remaining three convicts were commuted in February 2014 by the apex court on grounds of inordinate delay of 11 years in deciding their mercy petitions. center_img RELATED courts and legal SHARE SHARE EMAIL SHARE COMMENT TN cabinet decides to release all convicts in Rajiv Gandhi assassination caselast_img read more


Right to pray but no right to desecrate Smriti Irani on Sabarimala

July 17, 2019

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first_imgKerala COMMENT Sabarimala verdict: SC to hear review petitions on November 13 SHARE RELATED women Published on COMMENTScenter_img October 23, 2018 Amid protests against the Supreme Court order opening the Sabarimala temple in Kerala to women of all ages, Union Minister Smriti Irani Tuesday said the right to pray did not mean the right to desecrate.On September 28, a five-judge constitution bench of the Supreme Court, headed by then chief justice Dipak Misra, lifted the ban on entry of women of menstrual age into the shrine.Women have been stopped by Ayyappa devotees from climbing up to the Sabarimala temple as protests against the Supreme Court order opening the hilltop shrine to women of all ages continued across Kerala.“I am nobody to speak against the Supreme Court verdict as I am a serving cabinet minister. But just plain common sense is that would you carry a napkin seeped with menstrual blood and walk into a friend’s house. You would not.“And would you think it is respectful to do the same when you walk into the house of god? That is the difference. I have the right to pray, but no right to desecrate. That is the difference that we need to recognise and respect,” Irani said.The Union Textile minister was speaking at the “Young Thinkers” conference organised by the British High Commission and the Observer Research Foundation here.“I am a practising Hindu married to a Zoroastrian. I have ensured that both my kids are practising Zoroastrians, who can go to the fire temple and pray,” she said.Irani recalled that when her children were inside the fire temple, she had to stand outside on the road or sit in the car.“When I took my newborn son (to the fire temple), I would give him at the (temple) entrance to my husband and wait outside, because I was shooed away and told not to stand there,” she said. national politics SHARE SHARE EMAIL sabarimala Union Minister Smriti Iranilast_img read more


Preacher skips jail pending appeal over remarks

July 16, 2019

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first_img Related News Nation 12 Jul 2019 ‘All views will be considered before NSC Bill is amended’ The Sessions Court initially sentenced Wan Ji to nine months in jail in April 2018, but this was extended to one year by the Shah Alam High Court on Tuesday when it denied his appeal against his conviction and sentence.He filed an appeal the same day but spent the two following days at the Kajang prison until his case was heard yesterday where Justice Ab­­dul Halim granted the stay, pending the disposal of his appeal to the Court of Appeal.Wan Ji cited 18 reasons in the appeal to support his plea against the one-year jail term.One of the main reasons cited was that he was the sole breadwinner and had a family to care for. Related News I’m free: Wan Ji leaving the Shah Alam court after his stay of execution. Nation 10 Jul 2019 Human rights organisations slam heavier sedition sentence for Wan Ji Nation 10 Jul 2019 Pakatan Youth: Release Wan Ji, AG told to explain appeal for heavier sentence SHAH ALAM: Preacher Wan Ji Wan Hussin received a temporary reprieve from his one-year jail sentence when the High Court here granted a stay of execution.Wan Ji had been convicted of making remarks that were found to be seditious against the Sultan of Selangor.High Court judge Justice Abdul Halim Aman granted the stay after hearing the appeal from Wan Ji’s counsel Mohd Radzlan Jalaludin and Ariff Azami Hussein.He also ordered the 37-year-old to surrender his passport to the court if it was renewed.–– ADVERTISEMENT –– {{category}} {{time}} {{title}}last_img read more


Soch badlo papa BJP MLAs daughter who married Dalit boy appeals to

July 16, 2019

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first_img Next India Today Web Desk New DelhiJuly 12, 2019UPDATED: July 12, 2019 19:12 IST Sakshi Misra, daughter of MLA Rajesh Misra had uploaded a video on social media and informed about her wedding to Ajitesh Kumar.HIGHLIGHTSBJP MLA Rajesh Mishra’s daughter Sakshi on Friday made an emotional appeal to her fatherEarlier, Sakshi had said she was being threatened by her father and “his men” because she had married a Dalit manOn Friday, Sakshi asked her father to change his thinking and requested him not to discriminateSakshi, the daughter of BJP MLA Rajesh Mishra, whose viral video gripped the country this week, on Friday made an emotional appeal to her father with whom she spoke while sitting in the studios of Aaj Tak TV.Sakshi, in her viral video, had said she was being threatened by her father and “his men” because she had married a Dalit man. On Friday, Sakshi appeared on Aaj Tak TV and while in the studio, spoke to her dad over a call.”I had so many dreams and wanted to study. I used to tell my father to take me to work but he never took me seriously,” Sakshi said in a trembling voice. In an emotional message, Sakshi asked her father to change his thinking and requested him not to discriminate.Sakshi claimed that her father never let her step out of the house. “He [Sakshi’s father] had no clue what was happening with us. My brother and mother used to harass me when you were in the office,” Sakshi added.When called, BJP MLA Rajesh Mishra alleged that his family was being harassed. As Sakshi spoke with her father on Aaj Tak, she broke down and apologised to him. Rajesh Mishra said he wished she finds happiness in life, but disconnected the call soon after.THE CASESakshi and her husband Ajitesh had earlier filed a petition in the Allahabad High Court, seeking protection to “live a peaceful life” as a married couple.The next hearing in the case has been fixed for July 15 as Sakshi Mishra and her husband Ajitesh were not present in the court.Sakshi Misra (23) had uploaded a video on a social media platform last week, making her marriage with Ajitesh Kumar (29) public.In another video, she alleged there was a threat to her life from her father, brother and an associate.The couple asked for security, contending that there was a threat to their life from the BJP MLA, who was “unhappy” with their marriage as Sakshi was a Brahmin and Ajitesh a Dalit.The petitioners prayed that police or Rajesh Mishra do not disturb them in “their peaceful living as both petitioners were major and had entered into marriage with a free will”.READ | Respect her decision: BJP MLA denies threatening his daughter for marrying DalitREAD | Tell your goons to back off: BJP MLA’s daughter fears for life after marrying Dalit, releases videoWATCH | BJP MLA’s daughter who married Dalit boy makes emotional appeal to dad on live TVFor the latest World Cup news, live scores and fixtures for World Cup 2019, log on to indiatoday.in/sports. Like us on Facebook or follow us on Twitter for World Cup news, scores and updates.Get real-time alerts and all the news on your phone with the all-new India Today app. Download from Post your comment Do You Like This Story? Awesome! Now share the story Too bad. Tell us what you didn’t like in the comments Posted bySumeda Soch badlo papa: BJP MLA’s daughter who married Dalit boy makes emotional appeal to dad on live TVSakshi, the MLA’s daughter had earlier filed a petition in the Allahabad High Court, seeking protection to “live a peaceful life” as a married couple. She spoke to her dad from the Aaj Tak studio on Friday.advertisementlast_img read more