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Stock market crash: I’d buy cheap UK shares in an ISA to capitalise on the new bull market

first_img Our 6 ‘Best Buys Now’ Shares Image source: Getty Images. Peter Stephens | Friday, 16th October, 2020 Since the stock market crash, UK shares have entered a new bull market. This is defined as a 20% rise from their low during the short-lived bear market that occurred in the first part of 2020.Despite entering a new phase of growth, the outlook for many British shares continues to be relatively uncertain. As such, it’s possible to buy cheap stocks in a wide range of sectors.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…They could deliver impressive returns over the long run. Therefore, now could be the right time to buy a wide range of them in a tax-efficient account such as an ISA.A new bull market for UK sharesIt may not feel as though UK shares have entered a new bull market. After all, the economic growth rate has been disappointing of late. Meanwhile, rising unemployment and heightened political risks could weigh on investor sentiment. They may even cause a second stock market crash in the coming months.However, now could be an opportune moment to buy a number of high-quality shares while they trade at cheap prices. Weak investor sentiment towards the wider stock market means that, in many cases, company prospects and financial positions aren’t accurately reflected in their valuations. Furthermore, some sectors contain businesses with the financial strength to survive the short-term challenges they face and benefit from a subsequent recovery. Yet weak investor sentiment towards the industry means they trade at extremely low prices.Buying cheap stocks todayBuying cheap UK shares at this point in the new bull market could be a sound move. It may enable you to benefit from a likely improvement in investor sentiment over the coming years. Every previous bear market has eventually been followed by rising stock prices that have lifted indexes such as the FTSE 100 and FTSE 250 to new record highs. Sometimes this has taken many years to achieve. But long-term investors are likely to have sufficient time to enjoy the benefits of a rising stock market.Of course, some British shares will fail to deliver strong capital growth in the coming years. They may face difficult operating conditions for a prolonged period of time. Therefore, it’s crucial to diversify across a range of sectors. Doing so also enables you to benefit more fully from the stock market’s recovery, in terms of accessing a wider range of opportunities.A Stocks and Shares ISABuying UK shares in a tax-efficient account such as a Stocks and Shares ISA may help you to maximise your returns in the new bull market. No tax is levied on amounts invested in an ISA, nor is it paid on withdrawals. This could improve your return profile and lead to greater financial freedom in the coming years as the stock market’s recovery from its recent crash takes hold. “This Stock Could Be Like Buying Amazon in 1997” Simply click below to discover how you can take advantage of this. Stock market crash: I’d buy cheap UK shares in an ISA to capitalise on the new bull market 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. 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. Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! See all posts by Peter Stephens Enter Your Email Address I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool.last_img read more

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Thorn joins Leinster on short-team deal

first_imgLATEST RUGBY WORLD MAGAZINE SUBSCRIPTION DEALS AUCKLAND, NEW ZEALAND – OCTOBER 23: Brad Thorn of the All Blacks celebrates victory after the 2011 IRB Rugby World Cup Final match between France and New Zealand at Eden Park on October 23, 2011 in Auckland, New Zealand. (Photo by Cameron Spencer/Getty Images) He was also in the All Blacks to claim three Tri-Nations titles (2003, 2008 and 2010), a Super 14 title with Canterbury Crusaders (2008) and has won 49 caps for the All Blacks (between 2003-11) culminating in last year’s World Cup triumph. Commenting on the move, Leinster Coach Joe Schmidt said: “It’s great to have Brad to help us through until the end of the season.After Leo’s (Cullen) injury and Steven Sykes’ return to South Africa we were short of options at second row, but Brad’s arrival will supplement the likes of Damian Browne, Devin Toner and Mark Flanagan, as we look ahead to a demanding few months.“Obviously Brad won’t have a lot of time to find his feet, but I know the quality he brings and how keen he is to make a contribution both on and off the field.” World Cup winner Thorn will be at Leinster for three monthsLeinster Rugby is delighted to announce the arrival of New Zealand World Cup winning second row Brad Thorn on a three month contract.Mosgiel born Thorn, 37, arrived in Dublin this week on temporary loan from Japanese club Fukuoka Sanix Blues where he has been playing since helping the All Blacks win their second Rugby World Cup title in October 2011.One of the most decorated and vastly experienced players in the game, Thorn played over 200 times for the Brisbane Broncos in two spells playing Rugby League (between 1994-2000 and 2005-07) where he won NRL Grand Final titles and also featured in the State of Origin series (in 1999, 2000 and later in 2005).He became a dual rugby-code international – only the second man in history, after Bill Hardcastle, to have represented Australia in league and New Zealand in union – and in 2004 Thorn won the NPC title with Canterbury.last_img read more

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The Wallabies hold on for victory over Argentina in Rosario

first_imgSunday Oct 7, 2012 The Wallabies hold on for victory over Argentina in Rosario The Wallabies ended the Rugby Championship in second place following their 25-19 victory over Argentina in Rosario on Saturday. They will now move up to second in the World Rankings, overtaking South Africa, who lost to the All Blacks earlier in the day. The visitors led 15-9 at halftime after the trusty boot of Mike Harris kept the scoreboard ticking over. A 65th minute try to Digby Ioane stretched the lead, before Argentina came back with a Juan Imhoff try late in the game.Harris ended the game with 20 points after slotting seven kicks despite the obvious distraction of laser pointers in his face, a tactic some members of the crowd used against the All Blacks too.The Wallabies end the tournament on 12 points, joint with South Africa. They won three matches though, whereas South Africa won two and drew one. Both teams are 14 points behind the victorious All Blacks, who got to 26 points with their unbeaten streak.Struggling with injuries for the last few weeks, the Australians will face New Zealand in a fortnight in the final Bledisloe Cup game of the season, which will take place in Brisbane.They then head on a northern hemisphere tour which comprises of matches against France on 10 November, followed by England, Italy, and Wales in consecutive weeks.Longer highlights will be posted if and when possibleADVERTISEMENT Posted By: rugbydump Share Send Thanks Sorry there has been an error Related Articles 81 WEEKS AGO scottish prop saves fire victim 84 WEEKS AGO New Rugby X tournament insane 112 WEEKS AGO Vunipola stands by his comments supporting… From the WebThis Video Will Soon Be Banned. Watch Before It’s DeletedSecrets RevealedUrologists Stunned: Forget the Blue Pill, This “Fixes” Your EDSmart Life ReportsYou Won’t Believe What the World’s Most Beautiful Girl Looks Like TodayNueeyGranny Stuns Doctors by Removing Her Wrinkles with This Inexpensive TipSmart Life ReportsIf You Have Ringing Ears Do This Immediately (Ends Tinnitus)Healthier Living30+ Everyday Items With A Secret Hidden PurposeNueeyThe content you see here is paid for by the advertiser or content provider whose link you click on, and is recommended to you by Revcontent. As the leading platform for native advertising and content recommendation, Revcontent uses interest based targeting to select content that we think will be of particular interest to you. We encourage you to view your opt out options in Revcontent’s Privacy PolicyWant your content to appear on sites like this?Increase Your Engagement Now!Want to report this publisher’s content as misinformation?Submit a ReportGot it, thanks!Remove Content Link?Please choose a reason below:Fake NewsMisleadingNot InterestedOffensiveRepetitiveSubmitCancellast_img read more

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Recruitment round up: new appointments in the charity sector

first_imgMusic in Hospitals & Care appoints new Head of Fundraising & PartnershipsIsla Campbell Lupton has been appointed as the new Head of Fundraising & Partnerships of Music in Hospitals & Care (MiHC). Her recent roles include Deputy Head of Fundraising, and Learning and Outreach Manager at Poppyscotland. Recruitment round up: new appointments in the charity sector Advertisement International Alert appoints new CEOInternational Alert has appointed Michael Young as its new Chief Executive Officer. He will join in September. With over 25 years’ experience working alongside people impacted by violence and displacement, Young is replacing outgoing CEO Harriet Lamb. He has worked in a range of senior management roles in the field and at headquarters level with global aid organisations including the International Rescue Committee and Mercy Corps with a focus since the 1990s on active conflict and post-crisis peacebuilding and recovery. Deborah Alsina to take up CEO role at Independent AgeIndependent Age  has announced the appointment of Deborah Alsina MBE as Chief Executive. Deborah has been Chief Executive of Bowel Cancer UK for 10 years and will join Independent Age in October 2019. Alex Hyde-Smith joins Alzheimer’s Society as Director of FundraisingAlzheimer’s Society has appointed Alex Hyde-Smith as Director of Fundraising. At Alzheimer’s Society Hyde-Smith will spearhead all fundraising and commercial activities. He joins from Marie Curie, where he spent eight years, progressing from working in the Individual Giving team to becoming Fundraising Director. Having started his career in market research and direct marketing across a range of clients, including BT, FilmFour and the Princes Trust, Hyde-Smith realised his passion for working in the charity sector, and after various roles at the Limbless Society, including Deputy CEO, became a founding member of Limbcare. He is also a trustee at Hestia. Jonathan Pearce joins DKMS as CEOBlood cancer charity DKMS has hired Jonathan Pearce as CEO of its UK operations to spearhead the organisation’s growth within the UK market. Pearce brings to DKMS over 15 years’ CEO experience of the UK charity sector, leading organisations such as Adoption UK and, more recently, Lymphoma Action from 2013 to 2018. He joins DKMS from the global Lymphoma Coalition Europe, where he was Regional Director. Here is our latest round up of appointment announcements for the sector, including the IoF’s new Trustees and Fellows, Alzheimer’s Society’s Director of Fundraising, and new CEOs for a number of charities including DKMS.  New Fellows for the IoFThe Institute of Fundraising (IoF) has announced four new Fellows who have given a significant voluntary contribution to fundraising: Irene Chambers, Morag Fleming, Joe Jenkins and Ikhlaq Hussain. Chambers is Fundraising Manager at Kidneys for Life. Fleming was previously convenor of the Public Fundraising Regulatory Association (Scotland), and was Chair of the Institute of Fundraising Scotland from 2015 to 2019. Jenkins has been a member of the Fundraising Convention Board for five years, chairing it for the past three, and has also served on the Standards Advisory Board for the past three years. Orphans in Need’ s Hussain has been a member of the Institute since 2012 and in the past three years has become actively involved in supporting the Institute and its activities.The Board also awarded an Honorary Fellowship to Sufina Ahmad for her work leading the Equality, Diversity and Inclusion Panel and paving the way for the next stage of the Institute’s work improving diversity in the fundraising sector. AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis11center_img About Melanie May Melanie May is a journalist and copywriter specialising in writing both for and about the charity and marketing services sectors since 2001. She can be reached via www.thepurplepim.com. Melanie May | 5 July 2019 | News Former Australian foreign affairs minister joins Palladium boardAustralia’s former foreign affairs minister Julie Bishop has joined the board of global impact firm Palladium – her first non-executive directorship role in the private sector after leaving politics. Following a successful 20-year political career, Bishop brings a network of global contacts, long-standing public service experience, and background in driving innovation both in international development as well as for domestic social development issues. She will join a six-strong board of directors including Alonzo Fulgram, former Chief Operating Officer of USAID, and Ann Sherry, former senior civil servant and Executive Chairman and CEO for 12 years of Australia’s largest cruise ship operator Carnival Australia. Tagged with: Charity People Recruitment / people New Trustees elected to IoF BoardThe IoF has announced new Trustees to the Institute’s Board following the recent election by members. The IoF welcomes Sofia Zeenat Sheikh and Joyce Fraser, and has re-elected Liz Tait. Trustees can serve up to two three-year terms on the board. The new Trustees are: Sofia Zeenat Sheikh, Fundraising Manager at Strickland Scanner Centre (PSSC) and former chair at PACE, and Joyce Fraser: a Cultural Sector Network Advocate for RAISE, the IoF’s Arts, Culture and Heritage programme, and a committee member of Black Fundraisers UK.  414 total views,  3 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis11 New Chair for YHA (England & Wales)YHA (England & Wales) has appointed Margaret Hart as its new Chair. Also YHA’s first ever female Chair, Hart will oversee the implementation of the new strategy in 2020 which will see YHA become much more ambitious in its charitable impact. She takes over the helm from Peter Gaines, who has held the position for the past four years. Hart joined the charity as a Trustee in 2016 and became Vice Chair in 2017. Previous roles include Corporate Director at NCH Action for Children and Assistant Director at The Open University (OU) for nearly a decade, where she led a programme to enable students facing barriers to higher education to study with the OU. Marie Staunton named new Chair of Trustees for ActionAid UKMarie Staunton CBE has been announced as the new Chair of Trustees at ActionAid UK, an international charity working with women and girls living in poverty. She will take up her position in Autumn 2019. Staunton joins ActionAid UK with 30 years of experience in the international development sector and has received a CBE for her humanitarian work with women and girls. Trained as a human rights lawyer, her development experience includes stints at UNICEF, being CEO of Plan UK and Plan Canada, as well as commercial experience as Director of a Pearson company. She has extensive Board experience in the UK, the EU and globally. She also currently chairs a university.  413 total views,  2 views todaylast_img read more

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As U.S. creates economic crisis, global solidarity grows for Bolivarian Venezuela

first_imgFeb. 10 — For two-and-a-half weeks, Venezuela has seen almost daily demonstrations in which millions of people across the country have reaffirmed their support for the government of Nicolás Maduro. The Venezuelan masses have given a clear message: The Bolivarian Revolution is alive and well, and won’t surrender to a U.S. coup.On Jan. 23 opposition figure Juan Guaidó, head of the National Assembly — that is operating in contempt of the highest court — proclaimed himself president of the Bolivarian Republic of Venezuela. His proposed changes for the country are a complete capitulation to U.S. imperialism: privatization of natural resources, neoliberal austerity and generous concessions to foreign capital.The Trump administration announced that it will send “humanitarian aid.” A day later, Guaidó invited the U.S. shipment into Venezuela, stating that aid would enter through Colombia, Brazil and a Caribbean island. Venezuela’s legitimate government — the only real government — has repeatedly said it will not allow the U.S. to enter its national territory.Members of Kenya’s social movements raise their fists in solidarity with President Nicolas Maduro and Bolivarian Venezuela, Jan. 10Guaidó’s virtual coup government has failed to mobilize more than a few thousand supporters, who are in mostly wealthy neighborhoods. Instead, Guaidó has called on the military to rebel and on the U.S. to invade Venezuela to put his “government” in power. So far, except for a few individuals, the Bolivarian Armed Forces has declared its loyalty to the real government. This is true even though the U.S. has tightened sanctions on individual generals. In response to the threat of invasion, the Bolivarian government has begun arming the country’s community militias.The fabricated ‘humanitarian crisis’The main pretext that the Trump gang has presented for backing (and in truth directing) the coup government is its claim that there is a humanitarian crisis in Venezuela, which it blames on the government. The most recent threats of military invasion have been justified by the delivery of “humanitarian aid.”The real cause of economic problems is due to the machinations of U.S. imperialism and its cronies.The collapse of oil prices in 2014, due to a Saudi Arabian decision to flood the global market, had a huge impact on the Venezuelan economy. Oil has been the main national industry since it was discovered in the country, and Venezuela currently sits on the largest certified reserves of crude oil.In addition to the drop in oil revenues, in 2015 U.S. President Barack Obama enacted economic sanctions on Venezuela, which Trump has since increased. These sanctions cost the Venezuelan economy billions of dollars every year and make it difficult to import certain products, particularly medicines.Due to the sanctions, currency manipulation and deliberate withholding of imported goods by opposition business owners, Venezuela has been under attack for years as Washington and the Venezuelan oligarchy wage war on its economy.The Trump gang’s claims of humanitarian crisis deliberately ignore the social programs that the Bolivarian government has maintained throughout the economic attacks. For example, there are more than 32,000 Local Production and Supply Committees (CLAP in Spanish), which provide such staple foods as rice, lentils, beans, oil, tuna, corn flour, sugar and milk. These foods are sold at subsidized prices, and 11,000 of the CLAPs have begun providing various hygienic products.Besides the CLAPs and various agricultural projects, the Bolivarian process over the past 20 years has eradicated illiteracy, opened hundreds of universities and built 2.5 million subsidized homes since 2011. Real hardships exist, but it is precisely the Bolivarian government’s actions that have prevented a humanitarian crisis.For an example of a real humanitarian crisis, consider that this Feb. 27 will be the 30th anniversary of the “Caracazo,” the mass uprising in Caracas sparked by the lack of food and the announcement of neoliberal reforms. It was a real coup that protested government repression of the masses at that time. And it is what launched military officer Hugo Chávez as a political leader and began the political struggle now being carried out by the Bolivarian Revolution.Global solidarity with the Bolivarian RevolutionIn the weeks since the start of the U.S.-orchestrated coup, there have been hundreds of demonstrations across the world in solidarity with the Bolivarian Revolution. Almost immediately after Guaidó’s self-inauguration, protesters converged on the White House demanding that Washington stop interfering in the country.Within days, cities such as New York, Miami, Philadelphia, Boston, Houston, San Francisco, Denver, Seattle and Vancouver held emergency demonstrations. A steady flow of solidarity demonstrations have been held throughout the United States and in other parts of the world, with actions planned in cities for Feb. 23 and marches in Washington, D.C., on March 16 and 30.In Canada, the Canadian Union of Public Employees, the largest union in the country, issued a statement in support of President Maduro. The Canadian Labor Congress, of which CUPE is a member, also issued a statement against intervention and in favor of dialogue.Demonstrations have also been held in Europe, particularly in Spanish cities such as Madrid. On Feb. 10, some Yellow Vest protesters in France carried Venezuelan flags or expressed solidarity with Venezuela at the embassy in Paris. Global rallies have ranged from from Denmark to Iran to India. (tinyurl.com/y4k88f82)The governments of Russia, China, Cuba, Bolivia, Mexico, Nicaragua, South Africa, India, Italy, New Zealand and most African governments have all continued to recognize Maduro as president. Furthermore, both the U.N. Security Council and the Organization of American States refused to recognize the coup government, despite the U.S. and its allies raising resolutions before them.FacebookTwitterWhatsAppEmailPrintMoreShare thisFacebookTwitterWhatsAppEmailPrintMoreShare thislast_img read more

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America’s Farm Co-ops Set Records in 2011

first_img SHARE Home Indiana Agriculture News America’s Farm Co-ops Set Records in 2011 Facebook Twitter America’s Farm Co-ops Set Records in 2011 Facebook Twitter Agriculture Secretary Tom Vilsack said Tuesday that farmer, rancher and fishery cooperatives posted record sales and income in 2011, surpassing the previous record sales year of 2008 by $10 billion while besting the old income record by $500 million. Dallas Tonsager, under secretary for Rural Development, made the announcement on the Secretary’s behalf, kicking-off National Cooperative Month. Tonsager said co-op employment levels remained strong, with cooperatives employing 184,000 full-time, part-time and seasonal workers, up slightly from 2010.“These new cooperative sales and income records for 2011 underscore the strength and productivity of the nation’s farmer- and rancher-owned cooperatives, and the vital role they play in the nation’s economy,” said Tonsager. “Primarily because of mergers, the number of farm co-ops continued to decline, but memberships and asset values are up.”Net income before taxes for all agricultural co-ops was a record $5.4 billion, eclipsing the previous high of $4.9 billion, set in 2008. Net income was up more than 25 percent, or $1 billion, from 2010.The year also saw double-digit increases in prices for dairy products, cotton, livestock and grains and oilseeds. Farm production expenses also increased by double-digits in 2011, with feed, fertilizer and fuel prices leading the upward trend. The 2,285 surveyed cooperatives had sales of $213 billion, exceeding 2010 sales by more than $40 billion.Top 100 Ag co-opsUSDA’s annual list of the nation’s 100 largest agricultural cooperatives, also released Tuesday, shows that they also had record sales and income in 2011. The 100 largest ag co-ops reported revenue of $148 billion in 2011, an increase of almost 30 percent over 2010, when revenue totaled $113 billion. Net income for the 100 top co-ops was $3.17 billion, up from $2.35 billion in 2010. The previous top 100 co-op records were $130 billion for sales and $2.42 billion for income, both marks set in 2008.CHS Inc., Saint Paul, Minn. – an energy, farm supply, grain and food co-op – was once again the nation’s largest ag co-op, with $36.9 billion in revenue in 2011. It was followed by Dairy Farmers of America, Kansas City, Mo.; with $12.9 billion in revenue. It traded places from 2010 with third-ranked Land O’ Lakes Inc., St. Paul, Minn., a dairy, food and farm supply co-op, with $12.8 billion in revenue in 2011.Iowa is home to 14 of the top 100 ag co-ops, the most of any state. It is followed by Minnesota with 13, Nebraska with 10, California with 6 and Wisconsin with 5. The biggest gains on the list were made by cotton cooperatives, due primarily to sharply higher cotton prices in 2011. Carolinas Cotton Growers Cooperative, Garner, N.C., made the largest jump, rising from 129 in 2010 to 71 on the 2011 list. It was followed by Calcot Ltd., Bakersfield, Calif., which climbed from 131 in 2010 to 85 in 2011. The next eight biggest gainers on the list were all grain or mixed (grain and farm supply) co-ops, due largely to high grain prices.Two Indiana co-ops are in the top 30. CountryMark Co-op moves from 19th to 17th with 2011 revenue of $1.566 billion, and Co-Alliance with revenue at $1.04 billion. The ranking of 27th is 5 spots better than 2010.Most Ag co-op sectors see gainsLooking at the entire ag co-op sector, grain and oilseed sales by cooperatives climbed by almost $14 billion in 2011, while dairy product marketing increased by $8 billion. Cotton sales increased more than $1.5 billion while livestock and sugar sales both gained more than $600 million. Sales of farm supplies increased by $10 billion, primarily due to increasing energy prices. Farm supply co-ops recorded gains of more than $3 billion for petroleum products, while sales were up by $1 billion for fertilizer, feed and crop protectants.Marketing of food, fiber, renewable fuels and farm supplies by cooperatives experienced 24 percent increases over the previous year, according to the annual survey conducted by the Cooperative Programs office of USDA Rural Development. Gross business volume of $213 billion was the largest ever, as was net income before taxes.The value of cooperative assets in 2011 grew by about $13 billion, with liabilities increasing by $11 billion and owner equity gaining $2 billion. Equity capital remains low but is clearly showing an upward trend, with an 8 percent increase over the previous year.Patronage income (refunds from other cooperatives due to sales between cooperatives) fell by more than 11 percent, to $613 million, down from $674 million in 2010.Farmer, rancher and fishery cooperatives remain one of the largest employers in many rural communities and also provide jobs in many cities. The total farm co-op workforce of 184,000 was up slightly from 2010. While full-time jobs at co-ops increased by 1,800, the number of part-time and seasonal employees declined by 1,600.There was a continued downward trend in farm numbers, with USDA counting 2.2 million farms in 2011, down about 10,000 from 2010. The number of farmer cooperatives continues to decline; there are now 2,285 farmer, rancher and fishery cooperatives, down from 2,314 in 2010. Mergers account for most of the drop, resulting in larger cooperatives.Producers held 2.3 million memberships in cooperatives in 2011, up 2 percent from 2010. The number of U.S. farms and cooperative memberships are now about equal. This does not mean that every producer is a member of an agricultural cooperative. Previous studies have found that many farmers and ranchers are members of up to three cooperatives, so farm numbers and cooperative memberships are not strictly comparable.For more in-depth information about how the nation’s agricultural cooperatives performed in 2011, see the September-October issue of USDA’s “Rural Cooperatives” magazine at: https://www.rurdev.usda.gov/BCP_Coop_RurCoopMag.html.President Obama’s plan for rural America has brought about historic investment and resulted in stronger rural communities. Under the President’s leadership, these investments in housing, community facilities, businesses and infrastructure have empowered rural America to continue leading the way – strengthening America’s economy and strengthening small towns and rural communities. USDA’s investments in rural communities support the rural way of life that stands as the backbone of our American values. President Obama and Agriculture Secretary Tom Vilsack are committed to a smarter use of existing Federal resources to foster sustainable economic prosperity and ensure the government is a strong partner for businesses, entrepreneurs and working families in rural communities.USDA, through its Rural Development mission area, has an active portfolio of more than $170 billion in loans and loan guarantees. These programs are designed to improve the economic stability of rural communities, businesses, residents, farmers and ranchers and improve the quality of life in rural America. 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Deputy Involved Shooting

first_img Business News EVENTS & ENTERTAINMENT | FOOD & DRINK | THE ARTS | REAL ESTATE | HOME & GARDEN | WELLNESS | SOCIAL SCENE | GETAWAYS | PARENTS & KIDS On Thursday, March 14, 2013, Pasadena Police detectives were working with LASD plain clothes deputies in a joint investigation.At approx. 12:20 p.m., officers/deputies observed a suspect vehicle. Without notice the suspect vehicle collided with the deputies’ vehicle (UC car). Two suspects exited and abandoned their vehicle and at least one suspect fired rounds at the deputies. Deputies returned fire and it is unknown if either of the suspects were wounded. No law enforcement officers were injured.Pasadena Police has dedicated a contingency of officers in a large containment (Lake Ave. to Hill Ave. – Villa St. to Orange Grove Blvd.) in an effort to locate the outstanding suspects.Suspect #1: Male African American, 18-25 years of age, thin build, wearing a black t-shirt, blue jeans.Suspect #2: Male African American, 18-25 years of age, thin build, wearing a gray t-shirt, blue jeans. NFDPasadena police and LASD deputies continue to investigate this crime. Anyone with information is asked to contact the Pasadena Police Department at (626) 744-4241, or LASD (323) 890-5500. You may report anonymously through Crime Stoppers at (800) 222-TIPS (8477) or http://lacrimestoppers.org (insert key word Pasadena). faithfernandez More » ShareTweetShare on Google+Pin on PinterestSend with WhatsApp,Virtual Schools PasadenaHomes Solve Community/Gov/Pub SafetyPASADENA EVENTS & ACTIVITIES CALENDARClick here for Movie Showtimes First Heatwave Expected Next Week Your email address will not be published. Required fields are marked * Community News Name (required)  Mail (required) (not be published)  Website  More Cool Stuff Pasadena Will Allow Vaccinated People to Go Without Masks in Most Settings Starting on Tuesday Top of the News center_img 4 recommended0 commentsShareShareTweetSharePin it Community News Make a comment HerbeautyInstall These Measures To Keep Your Household Safe From Covid19HerbeautyHerbeautyHerbeauty9 Of The Best Family Friendly Dog BreedsHerbeautyHerbeautyHerbeautyCostume That Makes Actresses Beneath Practically UnrecognizableHerbeautyHerbeautyHerbeautyNow She’s 19 – Look At Her Transformation! Incredible!HerbeautyHerbeautyHerbeauty9 Gorgeous Looks That Have Been Classic Go-tos For DecadesHerbeautyHerbeautyHerbeautyWhat Is It That Actually Makes French Women So Admirable?HerbeautyHerbeauty Pasadena’s ‘626 Day’ Aims to Celebrate City, Boost Local Economy Home of the Week: Unique Pasadena Home Located on Madeline Drive, Pasadena Get our daily Pasadena newspaper in your email box. Free.Get all the latest Pasadena news, more than 10 fresh stories daily, 7 days a week at 7 a.m. News Feature Stories Deputy Involved Shooting Published on Thursday, March 14, 2013 | 3:27 pm Subscribelast_img read more

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Breath Analysis Or Blood Test Not Necessary For Insurer To Reject Claim On Ground Of Drunken Driving : Supreme Court

first_imgTop StoriesBreath Analysis Or Blood Test Not Necessary For Insurer To Reject Claim On Ground Of Drunken Driving : Supreme Court LIVELAW NEWS NETWORK12 April 2021 6:37 AMShare This – x”If the Breath Analyser or any other test is not performed for any reason, the Insurer cannot be barred from proving his case otherwise”In a notable judgment, the Supreme Court has held that a breath analyzer test or blood test as contemplated under the Motor Vehicles Act is not necessary for an insurer to repudiate an accident policy claim on the ground of drunken driving.The Court held that if the insurance company is able to establish from the facts that the driver was under the influence of alcohol at the time of…Your free access to Live Law has expiredTo read the article, get a premium account.Your Subscription Supports Independent JournalismSubscription starts from ₹ 599+GST (For 6 Months)View PlansPremium account gives you:Unlimited access to Live Law Archives, Weekly/Monthly Digest, Exclusive Notifications, Comments.Reading experience of Ad Free Version, Petition Copies, Judgement/Order Copies.Subscribe NowAlready a subscriber?LoginIn a notable judgment, the Supreme Court has held that a breath analyzer test or blood test as contemplated under the Motor Vehicles Act is not necessary for an insurer to repudiate an accident policy claim on the ground of drunken driving.The Court held that if the insurance company is able to establish from the facts that the driver was under the influence of alcohol at the time of the accident, it will not be deprived of its right to exclude the policy benefit merely on the ground that the scientific tests for alcohol presence were not carried out.”…in cases, where there is no scientific material, in the form of test results available, as in the case before us, it may not disable the insurer from establishing a case for exclusion. The totality of the circumstances obtaining in a case, must be considered”, a division bench comprising Justices UU Lalit, Indira Banerjee and KM Joseph observed in the case IFFCO Tokio General Insurance Company Ltd v Pearl Beverages Ltd.Even if the exact alcohol content present in the body was not established, the insurer can invoke the exclusion clause in the policy contract, if the attendant circumstances show that the accident was caused while driving under the influence of alcohol.Background factsThe Court was considering an appeal filed by the insurance company against an order of the National Consumer Disputes Redressal Commission which held the insurer at fault for excluding the policy liability on the ground of drunken driving. According to the NCDRC, the insurer had to prove that the alcohol content was above 30 mg/100 ml of blood, as stipulated under Section 185 of the Motor Vehicles Act.  The NCDRC held that without proving the said alcohol content presence through the scientific results of breath analyzer and blood tests as prescribed in Sections 203 and 204 of the MV Act, the insurer cannot exclude the liability.Holding so, the NCDRC reversed the order of the State Consumer Disputes Redressal Commission which had rejected the complaint of the insured against the repudiation of the policy.Supreme Court’s findingsThe Supreme Court noted that case records showed that the smell of alcohol was emanating from the driver. The MLC report of the driver indicated the smell of alcohol. Even the NCDRC proceeded on the basis that the driver had consumed alcohol, but had held that the alcohol content was not proved to be beyond the legally permissible limit.The Supreme Court observed that the requirement of Section 185 is in the context of a criminal offence.If prosecution has not filed a case under Section 185,that does not mean that a competent Forum under the Consumer Protection Act, is disabled from finding that the vehicle was being driven by the person under the influence of the alcohol.”The presence of alcohol in excess of 30 mg per 100 ml. of blood is not an indispensable requirement to enable an Insurer to successfully invoke the clause. What is required to be proved is driving by a person under the influence of the alcohol”, the judgment authored by Justice KM Joseph held(Paragraph 57).”If the Breath Analyser or any other test is not performed for any reason, the Insurer cannot be barred from proving his case otherwise””It is not difficult to contemplate that the accident may take place with the driver being under the influence of alcohol and neither the Breath Test nor the laboratory test is done. A driver after the accident, may run away. A test may never be performed.However,there may be evidence available which may indicate that the vehicle in question was being driven at the time of the accident by a person under the influence of alcohol. It cannot then be said that merely because there is no test performed, the Insurer would be deprived of its right to establish a case which is well within its rights under the contract”(Paragraph 58)”The requirement under Section 185 of the Motor Vehicles Act is not to be conflated to what constitutes driving under the influence of alcohol under the policy of insurance in an Own Damage Claim. Such a claim must be considered on the basis of the nature of the accident, evidence as to drinking before or during the travel, the impact onthe driver and the very case set up by the parties”(Paragraph 101, 106(G).Facts of the case indicated drunken drivingThe Court noted that the medical practitioner had discerned the smell of alcohol in the body of the driver. The incident took place during the wee hours. There was no explanation from the parties regarding the cause of the accident. The driver and the co-passenger were in their late twenties. Both of them had consumed alcohol.The car, a Porsche, which has a very powerful engine and capable of achieving enormous speed, is reported to have gone out of control and hit at a massive force with the footpath of the road near India Gate at New Delhi. The care overturned and caught fire. Fire services had to come to douse the fire. The car was rendered a total wreck.The Court observed that there would be very less traffic at the time of the accident and that the road was very wide. So something out of ordinary must have happened to cause the accident.”We can take judicial notice of the fact that the roads in the Capital City, particularly in the area, where the accident occurred, are sufficiently wide and the vehicle dashing against the footpath and turning turtle and catching fire, by itself, does point to, along with the fact that the alcohol which was consumed manifests contemporaneously in the breath of the driver, to conclude that alcohol did play the role, which, unfortunately, it is capable of producing”, the judgment noted.The Court also took note of the fact that the driver had pleaded guilty in the prosecution for rash and negligent driving under Section 279 of the Indian Penal Code.The Court observed that the view of the State Commission that the accident was caused due to drunken driving, by applying the principles of res ipsa loquitor, was a probable view. Therefore, the National Commission was at error in reversing it in a summary proceeding.Case DetailsTitle : IFFCO Tokio General Insurance Company Ltd v Pearl Beverages LtdCoram : Justices UU Lalit, Indira Banerjee and KM JosephAppearances : Shivam Singh for the appellant; Senior Advocate Gopal Sankaranarayanan for the respondent.Citation : LL 2021 SC 209Click here to read/download the judgmentSubscribe to LiveLaw, enjoy Ad free version and other unlimited features, just INR 599 Click here to Subscribe. All payment options available.loading….Next Storylast_img read more

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3-year-old Alabama girl vanishes while attending birthday party, police fear kidnapping

first_imgiStock(BIRMINGHAM, Ala.) — An Amber Alert has been issued for an Alabama toddler girl who vanished while attending a birthday party over the weekend, authorities said Sunday. Investigators fear she may have been kidnapped.3-year-old Kamille “Cupcake” McKinney, was playing with other children at an outdoor birthday party at around 8:30 p.m. Saturday night when she suddenly disappeared, said Birmingham Police Department officers.Investigators said she may have been abducted by a man and woman driving a dark-colored SUV, possibly a Toyota with a brown or discolored bumper.The Amber Alert issued by state authorities on Saturday said the toddler is considered to be in “extreme danger.”“We still have hot leads right now and we’re following up on those as we speak,” Birmingham Police Department Deputy Chief Scott Praytor told reporters Sunday. “We want to find Kamille as quick as possible and we want to get her back to her family and that’s our priority.”The department is working to acquire video and photos from the scene to help with the investigation, he said, urging anyone with footage from the birthday party to turn it over immediately.“Of all the resources that we have at our disposal, there’s nothing more important than the community,” Praytor said. “We’ve had cases that have been broken by people that didn’t think they saw anything until they came forward and told us what they knew.”“They didn’t know it was a valuable piece of the puzzle. So you may think you don’t know anything about it, but you may have the piece that we’re looking for. We want all information.”Kamille, who is black, was described as about 3 feet tall weighing 60 pounds with brown eyes and black hair. Investigators said anyone with information should contact Birmingham police or Crime Stoppers immediately.Copyright © 2019, ABC Radio. All rights reserved.last_img read more

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Savills reports 10% rise in revenue for 2019

first_imgHigh-end international property group Savills has reported a 10% rise in revenue for the 2019 financial year, with profits before tax stable at £143.4m.The company also reported a strong first two months to 2020, but expressed concerns for the outlook because of the Coronavirus outbreak.The company’s annual report said performance had been “resilient” through 2019 thanks to its global spread of business operations.Group revenue was up 10% to £1.93bn, compared with £1.76bn in 2018, driven by a strong increase of 16% in non-sales business such as property management, which represented 57% of annual revenue.Underlying profit before tax was £143.4m, down by £300,000 compared with 2018. However the figure included a £3.5m cut in profit from the implementation of the IFRS 16 accounting standard, which changes the way leases are accounted for on the balance sheet.Statutory profit before tax increased by 6% to £115.6m compared with £109.4m in 2018.Underlying basic earnings per share are 78.0p, up from 77.8p in 2018. Statutory basic earnings per share increased 8% to 60.6p from 56.2p.Final ordinary and supplementary interim dividends are up 3% to total 32.0p per share from 31.2p.Operating highlightsTransaction advisory revenue grew by 2%, led by North America, Europe and the Middle East.Property and facilities management revenue was up 17% while consultancy revenue grew 15%.UK profits increased by 7% to £81.9m, led by property management and consultancy.Savills UK residential arm grew revenues by 6%, outperforming the decline in UK market volumes.Meanwhile continued growth in North America, driven by residential sales, saw revenue up 11% and underlying profit up 35% to £17.3m.Savills Investment Management reported a record year with revenue up 19%, profits up 65% to £18.1m and assets under management up 8% to £17.7bn. There was an increase of £3.1bn in inflows, up 29% on 2018 (£2.4bn). savills full year results Savills estate agents March 13, 2020Richard ReedWhat’s your opinion? Cancel replyYou must be logged in to post a comment.Please note: This is a site for professional discussion. Comments will carry your full name and company.This site uses Akismet to reduce spam. Learn how your comment data is processed.Related articles BREAKING: Evictions paperwork must now include ‘breathing space’ scheme details30th April 2021 City dwellers most satisfied with where they live30th April 2021 Hong Kong remains most expensive city to rent with London in 4th place30th April 2021 Home » News » Agencies & People » Savills reports 10% rise in revenue for 2019 previous nextAgencies & PeopleSavills reports 10% rise in revenue for 2019Profits are stable at the blue-chip estate agency after a ‘resilient’ performance in 2019 – but fears grow over Coronavirus.Richard Reed13th March 20200821 Viewslast_img read more

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