Why I’d buy investment trusts and shares like these to retire on a rising passive income

first_imgSimply click below to discover how you can take advantage of this. Is it possible to passively build a passive income for retirement? By that, I mean is it possible to take a hands-off approach to investing and still grow my investment pot?I believe it is possible to get acceptable investment returns with a minimum amount of effort. But not with no effort at all. For example, there’s no avoiding the initial effort required to pick some quality, enduring long-term investments in the first place. And it will likely be necessary to spend time reinvesting accumulated dividends if there’s no automatic option available.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…Laid-back investing for passive incomeAnd if there’s a corporate action such as a rights issue or a takeover with one of the companies underlying my shares, I may need to do something. But I can avoid frenzied investment activity. And I won’t need to pore over company accounts while hunched over my computer for hours on end. I may sacrifice a few percentage points in annual gains, but I’ll likely gain greater balance in my life.I’d choose a few quality shares such as Unilever, AstraZeneca and Severn Trent. But another way to achieve my investment goal would be to ‘outsource’ the share picking to a manager. And I’d do that by buying into collective funds. So, I’d end up with diversity between many underlying shares in each fund and diversification across funds. And to achieve that I’d likely choose between the options available in investment trusts.An investment trust is a fund set up as a company in its own right. We can buy and sell shares in investment trusts just like we can the shares of just one individual business. Investment trusts own a portfolio of shares and sometimes other assets picked by the fund manager. So, by buying shares in an investment trust, I’d get an investment based on the underlying performance of the trust’s portfolio.Doing my own researchThe only way to invest in an investment trust is to buy its shares. The fund underlying the trust is closed-ended, meaning it’s a fixed size. And it won’t be affected by investors putting money in or taking it out of the fund, which can be problematic for open-ended funds. But because investment trusts trade on the stock market like any other share, the share price can alter the valuation as it moves up and down. So, at times, the market capitalisation can move away from the underlying asset valuation.I’ll need to do my own research to make sure my investment trust is worth the valuation I’ll be paying when I buy its shares. But the set-up has the advantage that the manager can borrow money to enhance returns. And the trust can also smooth out shareholder dividend payments by keeping some money back in the good times and distributing it to shareholders in the lean times.I’d go for trusts run by managers with a decent long-term performance record, such as Nick Train. So, I’d consider the Finsbury Growth and Income Trust and the Lindsell Train Investment Trust. I’m also impressed by Terry Smith’s investment record so would consider the Smithson Investment Trust and the Fundsmith Emerging Equities Trust. Kevin Godbold | Saturday, 26th December, 2020 Enter Your Email Address 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. Click here to claim your free copy of this special investing report now! 5 Stocks For Trying To Build Wealth After 50 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.center_img Our 6 ‘Best Buys Now’ Shares Kevin Godbold has no position in any share mentioned. The Motley Fool UK has recommended Lindsell Train Inv Trust and Unilever. 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. Why I’d buy investment trusts and shares like these to retire on a rising passive income Image source: Getty Images. Markets around the world are reeling from the coronavirus pandemic…And with so many great companies trading at what look to be ‘discount-bin’ prices, now could be the time for savvy investors to snap up some potential bargains.But whether you’re a newbie investor or a seasoned pro, deciding which stocks to add to your shopping list can be daunting prospect during such unprecedented times.Fortunately, The Motley Fool is here to help: our UK Chief Investment Officer and his analyst team have short-listed five companies that they believe STILL boast significant long-term growth prospects despite the global lock-down…You see, here at The Motley Fool we don’t believe “over-trading” is the right path to financial freedom in retirement; instead, we advocate buying and holding (for AT LEAST three to five years) 15 or more quality companies, with shareholder-focused management teams at the helm.That’s why we’re sharing the names of all five of these companies in a special investing report that you can download today for FREE. If you’re 50 or over, we believe these stocks could be a great fit for any well-diversified portfolio, and that you can consider building a position in all five right away. See all posts by Kevin Godboldlast_img read more

Saints and Sinners: The weekend’s talking points

first_imgHogging the limelightThere is a danger I may need a weekly “Stuart Hogg Corner” in my Saints and Sinners column, as the Scotland full-back seems to feature almost every time. He is here among the Saints again this week for scoring a sublime try in Scotland’s 35-25 loss in Dublin.With 19 minutes on the clock, Hogg collected a kick from Conor Murray just inside his own half and ran to the right, looking to offload. Then, with the Ireland defence looking for the pass, he ghosted through a gap between Mike Ross and Rory Best, switched on the afterburners and headed for the try-line. Keith Earls had a go a tap-tackling him, but Hogg was too quick and his try took Scotland from 9-3 down to 10-9 up and was a stand-out moment in the match.Slam-tastic: Wales skipper Tom Phillips lifts the U20 Six Nations Trophy. (Photo: Huw Evans Images)The future’s brightIt wasn’t only England who had a Grand Slam to celebrate at the weekend, as Wales U20 completed a clean sweep of their own – their first in this age-group. They secured the trophy with a 35-6 win over Italy in Colwyn Bay on Friday evening, scoring four tries in the second half, including two by No 8 Harrison Keddie.Skipper Tom Phillips has played a key role in the back row and proved himself to be an outstanding leader. He said: “We have been confident from the start of this tournament and we have pushed ourselves on and off the field. I couldn’t be prouder and the crowds in Colwyn Bay for all three games have been phenomenal.”Next stop for all the U20s sides is this summer’s World Championship in Manchester and Wales will go into that with high hopes after such a successful Six Nations.The SinnersJohnny be goodScotland centre Alex Dunbar was sin-binned for an unnecessary dump tackle on Johnny Sexton during the second half of the clash at the Aviva Stadium. Sexton was over the ball, battling to win it after Duncan Taylor had carried into contact, and Dunbar grabbed the fly-half around his midriff and flipped him over sideways, with Sexton landing on his side and shoulder.It was reckless from Dunbar, but Sexton also appears to be a villain here as when he hit the deck, his first action was to sit up and wave his arms at the referee in protest, before grabbing his head theatrically, as if in pain, and laying down on his back.Yes, it was a jarring tackle, but Sexton’s delayed reaction and initial appeal to the referee strongly suggests he was trying to exaggerate his injury in order to get Dunbar into trouble. Too often now we see players waving their arms at the referee asking for penalties and cards to be given against opponents. With so many officials now involved in keeping the game clean and legal, and with TV replays aplenty too, there really is no need for players to behave in this way.Oops: Hogg and Seymour collide, while Earls waits for his chance. (Photo: Inpho)Not called for Stuart Hogg (yes, him again) and Scotland wing Tommy Seymour got themselves into a muddle which cost five points just before half-time in their clash with Ireland. Johnny Sexton put a kick down the left for Keith Earls to chase, Hogg came racing across from the middle of the park to cover it, while Seymour raced back down his wing in pursuit of the ball. Unfortunately neither player seemed to call for the ball, or if they did they didn’t shout loudly enough, and they bumped into each other, which stopped either of them gathering the ball. That task was left to Earls, who pounced and scored a simple try, which helped give Ireland a 21-13 half-time lead.Nomination nonsenseThere are, shall we say, some strange names on the list of nominees for the RBS Six Nations Player of the Tournament award, and some even stranger omissions.There can be no complaints about Billy Vunipola, George North, Stuart Hogg, Duncan Taylor, and Guilhem Guirado being on the list of 12 players, but where is George Kruis, or Jamie Roberts, or CJ Stander? TAGS: Highlight LATEST RUGBY WORLD MAGAZINE SUBSCRIPTION DEALS England put the icing on the cake of their RBS Six Nations Championship win by sealing the Grand Slam, while Ireland and Wales also finished with a flourish. Who made all the right moves and who stepped out of line? Plenty to smile about: Eddie Jones has done the trick for England. (Photo: Getty Images) The SaintsGood job, JonesA new generation of players has joined the list of England’s Grand Slam winners – the first to do so since 2003. Dylan Hartley has become just the tenth England captain to lead his team to a clean sweep in the championship and credit deserves to be shared among all the England players who took part in this year’s RBS Six Nations Championship.But top Saint among this successful group is head coach Eddie Jones, for discovering the missing ingredient which turned England from nearly men in the Six Nations in the past couple of seasons to champions this time.Former England boss Stuart Lancaster played a huge role during his tenure, nurturing and blooding many of the talented players who make up the team of 2016. He did so much right, until the wheels came off at the World Cup, then Jones then stepped in and made what turned out to be a few critical changes which enabled England to beat all-comers this spring.Jones’s man management skills and confident attitude have brought the best out of the team. He has kept some things the same, freshened some things up, given leadership responsibility to some different faces and brought in one or two new players. It all adds up to a job very well done so far. Now for the next test – Australia, Down Under.Fast start: Danny Care makes the break which led to England’s first try. (Photo: Getty Images)Dan daresEddie Jones’s decision to start Danny Care at scrum-half instead of Ben Youngs paid dividends in the 12th minute of Saturday’s game against France when Care spotted a yawning hole in the  defence around the fringes of a ruck and sprinted in from half-way to score a try. Yes, it was poor defence, but Care saw the opportunity and backed himself to capitalise and his try put England 10-3 up in Paris and settled their early nerves as they went in pursuit of their Grand Slam.It wasn’t only try-scoring which won the day for England in Paris. They had plenty of defending to do too and Jack Nowell put in a crucial try-saving tackle on Virimi Vakatawa, chasing back to haul the powerful wing down after he had missed him the first time. England were 17-12 up at the time and although France kicked a penalty soon afterwards, they were still trailing thanks to Nowell’s effort.Princes of thievesBy luck and judgement, with the help of a few injuries, England have stumbled upon a terrific second-row pairing, in the shape of Saracens club-mates George Kruis and Maro Itoje.Not only are they secure on their own lineout ball, but they are excellent at stealing opposition throws too and did so at some crucial moments in Saturday’s 31-21 England win.Kruis pinched a ball in the 54th minute after France had kicked a penalty to touch on the England 22 and were looking to overturn a 20-18 lead. Just after the mid-point of the second half Itoje stole French ball from another attacking lineout to again snuff out the home side’s hopes of setting up a try-scoring chance.Kruis managed two more steals at the Stade de France and was also England’s top tackler with 14, while Itoje made ten. Add to that eight carries and two turnovers won by Itoje and six carries from Kruis, plus a 100% record on their own lineout ball, and you see what a valuable asset this pair are.Ahead of the pack: George North is in top form for Wales. (Photo: Getty Images)Four in a row George North scored a try in his fourth consecutive Six Nations match on Saturday, something only Shane Williams had managed for Wales before now.North had previously gone five Tests without scoring but the big wing is back in top form and was named Man of the Match in Wales’s 67-14 trouncing of Italy. As well as scoring his own try, he put in a beautiful back-handed offload to create a try for Jamie Roberts and made a scorching break out of defence which ultimately led to Jonathan Davies scoring a cracker.Back row to the fore Jamie Heaslip and CJ Stander both had outstanding matches for Ireland in the 35-25 win over Scotland. Heaslip was named Man of the Match for his 17 carries, 11 tackles and a try assist, when he popped a scoring pass to Devin Toner during the second half.Great at eight: Jamie Heaslip led the charge for Ireland. (Photo: Getty Images)Heaslip must have just pipped Stander to the award as the No 6 had an equally eye-catching game, making 21 carries and nine tackles. The two of them helped Ireland boss the breakdown and that proved to be a key area in their victory. The list was compiled by a panel including Phil Vickery and Gareth Thomas, “with expert analysis from Accenture, Official Technology Partner of the RBS 6 Nations” says the press release. The winner will be decided by a public vote, but rugby fans have been denied the chance to vote for some of the real stand-out performers from the last two months.Medal muddle: Mike Brown, with his winner’s medal tucked in his shorts. (Photo: Getty Images)Below the beltWhy did Mike Brown put his Six Nations winner’s medal down his shorts during the presentation ceremony and celebrations, instead of round his neck? Keeping the precious metal safe alongside the crown jewels perhaps? Let’s hope the England full-back thinks of a better, more respectful and appropriate “safe place” if he ever gets an MBE.last_img read more

The World We Want: New Dimensions in Philanthropy and Social Change

first_imgThe World We Want: New Dimensions in Philanthropy and Social Change Howard Lake | 5 July 2008 | News  15 total views,  1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThiscenter_img Tagged with: Giving/Philanthropy 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

National FFA Organization Membership Sets Record

first_imgHome Indiana Agriculture News National FFA Organization Membership Sets Record Facebook Twitter By Gary Truitt – Sep 28, 2015 SHARE Facebook Twitter National FFA Organization Membership Sets Record SHARE With global needs to fight hunger and prepare for the expected population growth, the industry of agriculture needs educated, skilled and passionate people dedicated to sustainability. The National FFA Organization is answering this need, as the record growth of the organization demonstrates.Today, FFA membership stands at 629,367 students, up from 610,240 in 2014, an increase of 3 percent. The number of chapters grew from 7,665 in 2014 to 7,757 in 2015. The top five membership states are Texas, California, Georgia, Oklahoma and Missouri. Interest in FFA and agricultural education continues to grow, as membership has increased more than 20 percent since 2009-10.“FFA, through agricultural education, is preparing our youth to ensure the security of our country’s food, fiber and natural resources for years to come,” said National FFA Organization CEO Dwight Armstrong, Ph.D. “Through real-world experiences, the nation’s agricultural educators are helping students develop the technical knowledge, skills and problem-solving capabilities to be the industry’s leaders of tomorrow. FFA continues to grow leaders, build communities and strengthen agriculture.”Student membership was not the only thing that grew in 2015. National FFA Alumni membership also continued to grow, with 62,705 members this year, growing from 57,832 in 2014. FFA alumni play an important role in keeping agricultural education and FFA programs in local schools by providing both volunteers and financial support to local teachers.The National FFA Organization provides leadership, personal growth and career success training through agricultural education to 629,367 student members who belong to one of 7,757 local FFA chapters throughout the U.S., Puerto Rico and the Virgin Islands. Previous articleDuPont Pioneer Harvest Update 9/28/15Next articleE85 Makes Original RFS Target Feasible Gary Truittlast_img read more

New Options for Soybeans in 2019

first_img Facebook Twitter BASF has new soybean options for 2019The merger of Bayer and Monsanto and the resulting spinoff of many Bayer products to BASF will mean some new weed control options for soybean growers in 2019. By acquiring a number of Bayer crop protection products, BASF is a much larger player in the market in 2019.  Marc Hoobler, with BASF, says soybean growers will have some new and exciting options from BASF as we head into a new growing season, “One of the things we are most excited about for 1019 is introducing a new weed control system called Liberty Link GT27.” It will be introduced in the Credenz brand with 13 soybean varieties with maturity dates ranging from 0-4.Hoobler adds the new technology will give growers the opportunity to use a 3-way fix of different modes of action, “For the first time growers will be able to use either Liberty Herbicide or Glyphosate post emerge. The technology will also allow for the use of HPPD chemistry. The HPPD chemistry has not yet been approved; but when it is, growers will have both pre- and post-plant application options.Hoobler says trials have shown an improvement in yields as well as weed control, “We are seeing 2-4 bpa increases over Roundup Ready 2 Extend with the GT27 varieties.” Because it’s the first technology that you can use Liberty and glyphosate with, it allows growers to address a broad range of weed species – both broadleafs and grasses. “That allows them to really have the best tool on the market to address their issues,” he said.LibertyLink GT27 is not tolerant to all HPPD herbicides. Use of HPPD herbicides currently on the market are prohibited for use with LibertyLink GT27 soybeans. Growers are encouraged to talk to their local BASF representative for more information. By Gary Truitt – Dec 26, 2018 New Options for Soybeans in 2019 SHARE Home Indiana Agriculture News New Options for Soybeans in 2019 Facebook Twitter SHARE Previous articleMcKinney and Foreign Ag Service Worked to Expand Ag Trade in 2018Next articleRyan Martin’s Indiana Ag Forecast for December 27, 2018 Gary Truittlast_img read more

Two TV stations closed for showing Iraqis protesting against death sentence for Saddam

first_img Receive email alerts IraqMiddle East – North Africa News February 15, 2021 Find out more RSF’s 2020 Round-up: 50 journalists killed, two-thirds in countries “at peace” to go further News News News Reporters Without Borders today condemned the Iraqi government’s decision yesterday to close down two privately-owned TV stations for “inciting violence and murder” by screening footage of protests against former President Saddam Hussein’s death sentence. The main daily newspapers have also been suspended for three days beginning yesterday under a curfew decreed prior to the verdict.“As well as the growing violence against journalists in the field, press freedom violations are also on the increase,” Reporters Without Borders said. “We fear that the Iraqi authorities are exploiting the public’s concern about the bombings and sectarian violence in order to restrict press freedom more and more. Both Iraqi and foreign journalists should be able to freely report the Iraqi people’s reactions.”The interior ministry yesterday ordered the closure of the Al-Zaura and Salah-Eddin TV stations for broadcasting images of demonstrators brandishing pictures of Saddam and protesting against the court’s verdict. They had incited sectarian violence, the ministry claimed, without specifying when they would be allowed back on the air.Reporters Without Borders learned that around 50 policemen also overran the Baghdad studios of the privately-owned Iraqi TV station Al Sharkiya and threatened to close it down if it broadcast programmes about Saddam’s trial.Ahmed Al Rashid, one of Al Sharkiya’s journalists, was killed in his car two days before, on 3 November, as he was leaving the station.Reporters Without Borders also learned that two Iraqi journalists were attacked by policemen last month in the city of Najaf. Amir Al-Akaishi, a correspondent of the newspaper Al-Mada, was attacked for writing about the local population’s difficulties. Saadun Al-Jabairi of the satellite TV station Al-Nahrain was prevented from filming religious festivities marking the death of Imam Ali Bin Abi Talib. Organisation center_img Three jailed reporters charged with “undermining national security” Follow the news on Iraq December 16, 2020 Find out more Help by sharing this information December 28, 2020 Find out more November 6, 2006 – Updated on January 20, 2016 Two TV stations closed for showing Iraqis protesting against death sentence for Saddam RSF_en Iraq : Wave of arrests of journalists covering protests in Iraqi Kurdistan IraqMiddle East – North Africa last_img read more

Reporters Without Borders asks the Oakland Police Department to apologize for its behavior during the Chauncey Bailey investigation

first_img Follow the news on United States August 1, 2011 – Updated on January 20, 2016 Reporters Without Borders asks the Oakland Police Department to apologize for its behavior during the Chauncey Bailey investigation Receive email alerts RSF_en United StatesAmericas WhatsApp blocks accounts of at least seven Gaza Strip journalists Help by sharing this information With the upcoming 4th anniversary commemorating the death of Chauncey Bailey, the first American journalist killed on U.S. soil in 30 years, and after examining the release of more than 1,000 pages of sworn statements from Oakland Police Department top commanders released by KTVU on July 10th, Reporters Without Borders is asking the Oakland Police Department to apologize for its opacity throughout the investigation and acknowledge that it harmed freedom of information and the public interest in this case.SELECTIVE CENSORSHIPTwo years ago, Oakland Assistant Police Chief Howard Jordan imposed a gag order on Sgt. Derwin Longmire, the lead detective in the Chauncey Bailey assassination, along with the rest of the department. This move prohibited them from discussing the case until it was over, and reporters were barred from interviewing Longmire and others about the case of their murdered colleague. Sgt Longmire accepted the chance to speak to KTVU in an interview released on July 10th, 2011. As it was leaked to the press at the time, the department looked into allegations that Sgt. Longmire had become far too close to the Your Black Muslim Bakery – the criminal business Bailey was investigating and headed by accused assassination mastermind Yusef Bey IV – and didn’t tell his boss or colleagues what he was doing. The documents however, contain sworn testimony from Longmire’s immediate supervisor saying he had ordered Sgt. Longmire to take those actions and that the district attorney also knew – and approved – of them. Additionally, Deputy Chief Jeff Israel, also in the sworn testimony, attested to the quality and approval of Sgt. Longmire’s work: – Attorney: “At some point, did you attempt to determine if the DA’s office or at least members of the DA’s office involved in the investigation were satisfied with the work that Sergeant Longmire was doing?” – Deputy Chief Israel: “Yes.” – Attorney: “And what did you find out?” – Deputy Chief Israel: “Not only did they both say they did not have any concerns, but they also said they thought he was exemplary, probably the best interviewer that we have, as far as criminal investigations and interviewing” – Attorney: “Do you recall at some point asking anyone if they believed Sergeant Longmire was trying to protect Yusef Bey IV from being implicated in the murder?” – Deputy Chief Israel: “There were several people I asked. Most of it was a result of people coming to me and telling me, you know, that there’s a perception that maybe he shouldn’t be on the case. I’d close the door and say ‘Okay, tell me about that. I’m willing to listen.’ At the end of the conversation, I would ask, ‘Do you think Sergeant Longmire would compromise the case?’ Every single person would say ‘Absolutely not.’“ “The documents make it obvious that the police manipulated the information toward the media and designated Sgt Longmire as a scapegoat for their misbehavior. The Oakland Police Department should apologize to him and the American citizens for not being transparent, covering up the case, forbidding reporters to access the truth and deluding them during the whole investigation”, declared Jean-Francois Julliard, Reporters Without Borders’ General Secretary.According to the documents, Sgt. Longmire warned the police command staff that the bakery was a “criminal enterprise”, as early as 2002 — five years before Bailey was shot in cold blood on a downtown Oakland street. But no serious, sustained action was taken on those repeated warnings until it was too late for Chauncey Bailey. Citing orders from the top brass to undertake “community policing” and keeping tabs on the bakery, Sgt. Longmire explained why he had such contact with Bey and his associates.Although those same bosses imposed a gag order on Sgt. Longmire, preventing him or others from telling the other side of the story, news outlets acquired confidential police information from his critics at the time, reporting that Sgt Longmire had been found guilty of misconduct and had been fired. From the sworn statement of Capt. Joyner: Capt. Joyner: “The gag order was an equivalent of asking me to put my hands down and allowing people to continually punch me in the face without being able to even defend myself.”When complaints about the leaks were brought to the command staff, Assistant Chief Jordan called for still another internal investigation — this time a probe into who was leaking information to the news media. The sworn statements indicate the internal affairs department checked phone logs, Web traffic and other actions taken by many Oakland police officers, trying assign the blame for the leaks. The only person immune to the scrutiny was the then-Chief Wayne Tucker. The documents show this internal investigation into the leaks did not result in any findings.GOING AFTER REPORTERS TO HIDE THE TRUTHWhile Sgt. Longmire and the rest of the department were under a gag order and an investigation into leaks was underway, the documents show that then-Chief Wayne Tucker and Assistant Chief Howard Jordan chose to speak to the press on several occasions.Assistant Chief Jordan was on a 60 Minutes story about the murder of Chauncey Bailey and Chief Tucker called a meeting with the Chauncey Bailey Project to talk about the fact that a massive police raid on the Your Black Muslim Bakery had been scheduled for Aug. 1, 2007. But then-Chief Wayne Tucker postponed the raid two days, to Aug. 3, so a member of his command staff could extend a backpacking trip an extra day.Bailey was gunned down the morning of Aug. 2.This turn in the sworn testimony indicates Tucker didn’t want to be in the news. Before this meeting, then-Chief Tucker engineered and ordered a cover-up with his top commanders about the date switch. From the sworn testimony of Oakland Police Captain Ersie Joyner, who was head of homicide when Bailey was assassinated :- Capt. Joyner: “Chief Tucker was adamant that we had only one date set and there was never two dates.” – Attorney: “And to your knowledge, did Chief Tucker know that there were two dates, August 1st and then August 3rd? – Capt. Joyner: “Yes.” – Attorney: “Was there anyone else in that meeting with Chief Tucker and Chief Jordan and others who believed that the department had knowledge of the two dates, August 1st and August 3rd?” – Capt. Joyner: “Yes.” – Attorney: “After that press conference, did you talk to Chief Tucker about what you perceived to be a dishonest statement?” – Capt. Joyner: “Yes.” Capt. Joyner also states in his sworn testimony that after the press meeting, when it was obvious the Chauncey Bailey Project had documentation proving then-Chief Tucker wrong, Tucker called two news organizations in the Project and tried to quash the story, saying his was “calling in a favor.”Both news organizations ran the story regardless.“The fact that reporters ran the story is not an indicator of the freedom they enjoyed but rather of the risks they took. Other reporters are still harassed today when reporting on corruption in the Country and we deeply regret that nothing is done to allow them to work in safer conditions”, said Julliard further.A Bay Area news outlet that published some of these statements in July 2011 called former Chief Wayne Tucker and asked him for a comment. He used a series of profanities and hung up. Assistant Chief Howard Jordan also refused to comment, saying through a spokeswoman he would not speak about an active lawsuit. The police department’s taxpayer-paid attorney also sent an email stating the story should be squelched.“It is intolerable that Police top commanders are not sanctioned for harming freedom of information. We ask Oakland Police Department to take its responsibility to guarantee that reporters will be able to perform their job normally”, concluded Julliard.For more information, please consult- The sworn statements- The timeline of the Chauncey Bailey case- The situation for freedom of the press in the United States to go further June 3, 2021 Find out more Facebook’s Oversight Board is just a stopgap, regulation urgently needed, RSF sayscenter_img News News June 7, 2021 Find out more News Organisation News NSO Group hasn’t kept its promises on human rights, RSF and other NGOs say United StatesAmericas April 28, 2021 Find out morelast_img read more

…in brief

first_img Previous Article Next Article Comments are closed. Thisweek’s news in briefDisabledpledgeTescohas pledged to open up recruitment for disabled people, with an initial intakeof 200 new disabled staff in 2004. The supermarket giant has signed agreementsto enable Tesco to access an ‘often-overlooked pool of talent’, while helpingmeet its obligations under the Disability Discrimination Act. www.personneltoday.com/goto/23128Tacklingfear of workTheGovernment has promised to tackle the culture of worklessness in inner citiesto help people off benefits and into work. MP Des Browne said the Governmenthad to break the cycle of growing up knowing nothing other than a life onbenefits. “The problem is not a lack of jobs, it is about making peoplebelieve they really can work again,” he said.  www.dwp.gov.ukCurbingintimidationIntimidationby unions or employers during union recognition ballots would be banned underproposals announced by employment relations minister Gerry Sutcliffe.Amendments to the Employment Relations Bill will draw on rules of conduct forgeneral and local elections and will outlaw practices such as dismissing union activistsor threatening workers.  www.dti.gov.ukSmellthe coffee…HRis a complex beast with ever-changing and increasingly complicated legislation.Even so there’s no excuse for the number of Personneltoday.com users that fellfor our set-up last week. To mark April Fools’ Day we ran a story on newworkplace coffee limits that any right- thinking person would find difficult toswallow. Bad luck HR – more than 300 of you were taken in.  www.personneltoday.com/goto/23132 Related posts:No related photos. …in briefOn 6 Apr 2004 in Personnel Todaylast_img read more

What will be the core oil and gas industry themes in 2021?

first_img Greenpeace’s analysis shows that almost 20 million tonnes of CO2 equivalent were released in the five years to 2019 (Credit: Wikimedia Commons/CSIRO) Resilience and sustainability are set to be the core themes within the oil and gas industry in 2021, according to an analyst.Energy researcher Wood Mackenzie says the fossil fuel industry’s immediate actions in 2020 following the price downturn “challenged the perceptions of what’s possible” and “set records for responsiveness”.But while many challenges still lie ahead for producers, it believes that dealing with unknowns has been a “core industry strength” and that a “broad oil and gas sector recovery is possible”.Here are three key trends Wood Mackenzie has highlighted for the industry in 2021. Key themes for the oil and gas industry in 20211. Continued underinvestment in upstream oil and gasAccording to Fraser McKay, head of upstream analysis at Wood Mackenzie, the upstream oil and gas sector will “endure another year in the doldrums”.McKay expects investment levels to remain flat at about $300bn in 2021 and says falling prices would mean rapid cuts, whereas at higher prices, contingency and resilience will “outweigh enthusiasm to take advantage of a nadir in service sector costs”.Strategically, companies will focus heavily on stability and financial resilience – and investment decisions will reflect this priority. Wood Mackenzie expects about 20 big project sanctions in 2021, up from just over 10 in 2020 – but that is still just half the prevailing pre-pandemic trend.It claims the merits of these projects will increasingly be judged on their environmental, social, and corporate governance (ESG) credentials.“The class of 2021 will not all be low-carbon, low-cost trailblazers – but the direction of travel is one-way in terms of industry stakeholder aspirations,” says McKay.Wood Mackenzie expects continued downsizing in the service sector, which will “lay the foundation for improved margins”, even if activity does not increase as forecasted between 2022 and 2025. It adds that next year operators will have a “closing window of opportunity to lock in lower project costs”. 3. Companies working to shape the upstream portfolio of the futureWood Mackenzie says producers choosing to stick with oil and gas “cannot ignore relentless asset depletion”.It believes some will move on exploration opportunities before competition heats up again. The researcher projects well count and investments will be down 35% compared to pre-crisis levels in 2021, but it expects this year to still be profitable.It adds that the majors and larger internationalising NOCs will likely drill 75% of the biggest wildcats, while mergers and acquisitions (M&A) will be the “main lever in upstream restructuring”.Wood Mackenzie says highgrading will “focus portfolios on the most advantaged assets” and corporate consolidation will “dominate activity in the US Lower 48”. It believes upstream M&A activity will likely top out at 2019 levels of between 200 and 300 deals this year. While many challenges still lie ahead for producers, Wood Mackenzie believes that dealing with unknowns has been a “core industry strength” for oil and gas 2. Industry focus on resilience, sustainability and the energy transitionTom Ellacott, Wood Mackenzie’s senior vice-president of corporate research, says new businesses, and new business models, are “emerging from the wreckage of 2020”.He believes companies will focus their investment on building a foundation that will be “sustainable across a range of scenarios”.Wood Mackenzie claims companies will continue their “relentless focus on boosting margins in upstream and downstream”, while diversification into new energy will accelerate as more players commit to decarbonisation.Elacott says the Euro majors will put “more meat on the bone in 2021”. He adds that geo-political factors such as the change in the US administration, upcoming COP26, and shifting global sentiment will pressure international oil companies and national oil companies (NOCs) to lay out road maps to net-zero emissions.Wood Mackenzie believes battery electrification solutions, hydrogen for power, and methane reduction initiatives will all take a “step closer to commerciality” in 2021 (Credit: (Flickr/Nick Humphries)According to Wood Mackenzie, governments will have to explore fiscal policies that support the global green initiative, while also balancing the need to restore budget deficits. This could mean higher tax rates on cash-generative legacy oil and gas assets could emerge.Jessica Brewer, Wood Mackenzie’s principal upstream analyst, says: “The momentum to reduce carbon emissions will intensify. Integrated energy hubs, like those  envisioned in the UK, could take a step closer to reality in 2021.”The energy researcher believes battery electrification solutions, hydrogen for power, and methane reduction initiatives will all take a “step closer to commerciality” in 2021, while flaring reduction also remains a “hot topic and a prolonged pledge”.last_img read more

Researchers find wreck of Japanese carrier IJN Kaga

first_img View post tag: R/V Petrel The wreck of an Imperial Japanese Navy aircraft carrier that was part of a six-ship fleet involved in the Pearl Harbor attack has been found by researchers aboard R/V Petrel.IJN Kaga was found resting 5,400 meters below the surface of the Central Pacific, after being scuttled by the Japanese on June 4, 1942 during the Battle of Midway.Kaga was attacked by approximately 30 dive bombers and two torpedoes launched by the USS Nautilus.After valiant efforts to keep the ship alive, the remaining crew realized the damage was beyond repair, and the escorting Japanese destroyer Hagikaze launched two torpedoes at the ship to effectively scuttle it. Of the crew members on board, 814 were killed as a result of the battle.Along with Kaga, three other Japanese fleet carriers – Akagi, Sōryū and Hiryū – were sunk during the battle.The crew aboard R/V Petrel spent several weeks surveying the massive area, documenting more than 500 square nautical miles, all within the Papahanaumokuakea Marine National Monument.“This project is significantly different from previous missions as it required a level of investigation, analysis and survey of a carrier-based engagement initially separated by over 150nm, a total area covering thousands of square nautical miles,” said Robert Kraft, director of subsea operations for Vulcan Inc. “It was a major carrier-to-carrier battle that left its eerie evidence strewn for thousands of miles across the ocean floor. With each piece of debris and each ship we discover and identify, our intent is to honor history and those who served and paid the ultimate sacrifice for their countries.”Over the past several years, the R/V Petrel team has been dedicated to finding and documenting historic shipwrecks with a focus on World War II.More notable ones include the discovery of aircraft carriers USS Wasp, USS Hornet, and USS Lexington. View post tag: WWII View post tag: IJN Kagacenter_img Photo: IJN Kaga gun mount. Photo: R/V Petrel Share this articlelast_img read more