GCCI urges members to pay taxes

first_img– businesses owe City Council over BThe Georgetown Chamber of Commerce and Industry (GCCI) is urging its membership and the general business community to honour their municipal responsibilities by paying their outstanding dues to the Mayor and City Council (M&CC).The M&CC is reportedly owed an alarming amount of $16,297,310,598 at present, by business owners who have failed to pay their dues.The statement highlighted that the rates and taxes account for a prevalent percentage of the total revenue for the M&CC as they are utilised to assist in the provision of significant services and the rehabilitation of Georgetown.The GCCI said it was using its voice as one of the leading business support organisations in Guyana to urge members of the business community to be tax compliant, while encouraging the M&CC to take lawful action where necessary in this regard.This release comes after it was confirmed by Georgetown Mayor Patricia Chase Green in June that City Hall was low on funds.Chase Green had told Guyana Times that for the M&CC to be able to run the city efficiently and cater for all the modern developments, it would require approximately $3 billion annually. Since many persons do not pay their taxes on time and the M&CC does not collect enough funds, deficits are encountered annually, she noted.It was revealed by the M&CC that its finances were exhausted on sanitising areas in and outside of the city and rehabilitating focal buildings in Georgetown.last_img read more

Things to know: a Karlsson-Vlasic reunion on Sharks blue line seems likely

first_imgCALGARY, Alberta — Erik Karlsson will miss his sixth straight game with a lower-body injury when the Sharks take on the Calgary Flames on Thursday. When he returns, there’s a good chance he’s going to reconnect with the defensive partner that he played alongside to kick off his Sharks career in October.Pete DeBoer reiterated Thursday morning that he expects Karlsson to rejoin the Sharks lineup before the team completes its four-game trek through Western Canada in Vancouver on Monday. In other …last_img

Homochirality: Computers Are Not the Real World

first_imgIf you solve a vexing problem in a computer model, you have not solved it in the real world.It’s a long-standing problem for origin of life research: how do you get the ingredients to be all of one hand?  The amino acids in proteins and the sugars in DNA are all homochiral, composed of one hand out of two otherwise-identical “isoforms” (chemicals with the same composition that differ only in shape).  Collections made outside of life tend to be random mixtures of left- and right-handed isoforms.  Unless there is a yet-undiscovered natural law that can amplify one hand over the other, a prebiotic protein or genetic molecule would have to form by chance (see online book). An article in PhysOrg explains the problem:“Imagine you’ve got a coin, and it’s perfectly made, so it’s not biased at all, and you start flipping the coin. Each time you flip it, it keeps coming up heads,” he said. “So then you say, something must be operating that’s causing this to happen . . . you get the same puzzle with these biological molecules, and that’s the problem of homochirality.”Yet this same article offers a new explanation. Three researchers at the University of Illinois came up with a new idea.  Will it work?The Illinois team wanted to develop a simpler model, one based on only the most basic properties of life: self-replication and disequilibrium. They showed that with only these minimal requirements, homochirality appears when self-replication is efficient enough.“There are other models, and they may be correct for the origin of homochirality on earth, if you can prove that those prerequisites existed during the emergence of life,” said Jafarpour. “But whether those foundations exist or not, for life that emerged anywhere in the universe, you’d expect that it would have self-replication, and our model says that’s enough to get homochirality.”They knew about the ideas of Sir Charles Frank in 1953. He proposed that one chiral molecule able to replicate itself might repress the formation of the opposite hand.The model relies on mathematical and computational techniques that were not available in Frank’s time. It takes into account the chance events involving individual molecules—which chiral self-replicator happens to find its next substrate first. The detailed statistics built into the model reveal that if self-replication is occurring efficiently enough, this incidental advantage can grow into dominance of one chirality over the other.This article’s optimism exceeds its realism.  Did they try this with actual chemicals in the lab?  Of course not.  They would have to start with what they needed to demonstrate: a chiral molecule able to make accurate copies of itself out of a soup of random ingredients.  Unless the copying process was accurate and efficient enough, errors would accumulate and all gains would be lost (“error catastrophe”).  But how probable is it to get such a replicator by chance?  That’s a high bar to overcome at the beginning.Presumably their replicator would be some RNA ribozyme able to catalyze its own replication.  To demonstrate its ability to follow this scenario, they would have to see it self-organize under plausible prebiotic conditions.  What are plausible prebiotic conditions?  That question is highly theory-laden.  Unless initial ingredients are agreed on, damaging cross-reactions prevented, pH controlled, temperature ranges monitored and oxygen excluded, nothing of interest would emerge.  If something unlikely did emerge, charges of investigator interference would be impossible to dismiss.That’s why their idea only works in the computer (and only on a computer programmed by intelligent human beings already made up of homochiral molecules).  It’s puzzling they compared their scenario with patterns in the foraging activity of ants, which are also living and made up of homochiral molecules. The challenge is to get non-living natural conditions to achieve homochirality.The only graphic in the article is a “computer simulation of the emergence of homochirality” as one hand grows over time in some kind of competition in the spatial domain.  The diagram is highly contrived and unrealistic, but it didn’t stop the author of the press release from making sweeping generalities from it:The work leads to a key conclusion: since homochirality depends only on the basic principles of life, it is expected to appear wherever life emerges, regardless of the surrounding conditions.“For me, the most exciting thing is that this mechanism shows that homochirality is really a biosignature of life, a 100% signature, and should be expected anywhere life emerges,” said Goldenfeld. “So for example, we just learned that there is a global ocean of liquid water under the ice of Enceladus … I think that looking for homochirality in the organic molecules that have been detected there would be a fantastic way to look for life there.”But it’s not a mechanism.  It’s a simulation.  Unless their simulation works in the real world, no such inference can be made, because it begs the question that real molecules can do this outside the computer.  Until it can be demonstrated that blind, unguided molecules can produce homochirality (and anything less than 100% is doomed to failure), the simulation has nothing to say about life on Earth, Enceladus, or exoplanets.There is, however, one cause now in operation that is capable of sorting otherwise identical objects by handedness.  That cause is intelligence.Speaking of Enceladus, Cassini flies by it today (Oct 14) in the first of three final encounters of the geysering moon (see NASA schedule).  On October 28, the spacecraft will make a daring plunge through one of the plumes to collect samples of the dust and vapors from an altitude of 30 miles.  Since another Enceladus mission didn’t make the final cut of NASA’s Discovery program (see Nature), these two encounters and the Dec. 19th flyby are likely to be the last opportunities for decades to gather data from this intriguing, unexpectedly active body.We get excited every time there’s a new proposal to solve the homochirality problem.  Excited, that is, for a few seconds, until we see more false optimism and cheating.  This proposal is all fluff.  Go into the chemistry lab, guys, and demonstrate your process!  You can’t walk onto a football field with an iPad, show a computerized play that wins a touchdown under contrived circumstances, and declare victory.The only value of this article (published uncritically by PhysOrg with no hard pushback questions) is that it makes a clear statement of the problem.  The problem remains as unsolved now as it was in 1953. It remains evidence of life’s uniqueness, as it was to Louis Pasteur.  The conclusion from our online book* remains: “We find that there is no lessening of confusion until one accepts the logic that ‘intelligent’ systems could not arise without an intelligent Designer.”*This book, published first in 1973, was among the first to use the term “intelligent design” explicitly. It was the author’s inference from the extreme improbability of chance to achieve the high degree of complex information seen in even the simplest conceivable living cell.(Visited 100 times, 1 visits today)FacebookTwitterPinterestSave分享0last_img read more

SA prof best in invasion biology

first_imgSouth Africa’s lush indigenous vegetation,such as this forest in the Eastern Cape’sTsitsikamma National Park, is under threat from invasive plants. (Image: MediaClubSouthAfrica.com. For more free photos, visit the image library) Stellenbosch University’s Professor Dave Richardson. (Image: Stellenbosch University) MEDIA CONTACTS • Engela DuvenageSU Faculty of Science+27 21 808 2684 or +27 82 874 1291 RELATED ARTICLES • World honour for SA botanist • Protea hotspot under scrutiny • Kew shows Africa’s plant wealth • SA scientist lauded for polar workJanine ErasmusSouth African Professor David Richardson has been rated the world’s most influential and productive scientist on matters relating to invasion biology.This emerged after a bibliometric study conducted by scientists of the Laboratory of Biological Invasion and Adaptive Evolution of the Chinese Academy of Science.Bibliometrics refers to the measuring of texts and information using a defined set of methods. It has various uses, for instance in analysing frequency of citation, the impact of a researcher or group of researchers, or the impact of a particular paper.The principal investigator of the Chinese team was Professor Yi-Feng Chen. Chen and co-author Hao Qiu, also of the biological invasion laboratory, published their findings in the peer-reviewed journal Scientometrics in 2009.The study, wrote Chen and Qiu, was conducted using data from the Science Citation Index specifically dealing with biological invasions.These specialised papers, all published between 1991 and 2007, were further analysed using an indicator known as citation per publication, to understand the impact of articles, institutions and journals.The Science Citation Index was originally established by the Institute for Scientific Information (ISI) in 1960, and is now part of the ISI Web of Knowledge, owned by information provider Thomson Reuters. The online version of the index covers 6 650 scientific journals from around the world, spanning more than 150 disciplines.The team analysed 3 323 articles published in 521 journals by 7 261 authors from 1 905 institutions in 100 countries. Of all of these, it was found that Stellenbosch University’s Richardson was the most productive author, and the most influential, in his field.Research results showed that Richardson published 41 ISI-listed papers relating to biological invasions during the period of analysis, giving him a CPP rating of 10.9. At the same time he also co-authored another 18 papers.Richardson, a Canadian researcher and a third scientist from the Czech Republic are the only three non-Americans listed as most influential in this field. This does not imply that the most serious plant invasions occur in the US, wrote the authors, but rather reflects the amount of funding available.Stellenbosch University reported that Richardson was encouraged to see how influential the global scientific community viewed South African research in the field, but added that the country was still a very small player on the world stage in terms of the current number of researchers, and the amount of resources available.Since the Chinese study only covered publications between 1991 and 2007, much of the recent work done by the university’s DST-NRF Centre of Excellence for Invasion Biology (CIB) staff was overlooked.“If the study was repeated for the last five years, South African research would definitely feature even better,” said Richardson.Leader in his fieldRichardson, an ecology professor and pine tree specialist, is the deputy director for science strategy at the CIB.With 90 peer-reviewed journal articles, 18 peer-reviewed book chapters and three books to his name, Richardson is rightfully considered a leading expert in the field of invasion ecology, particularly with regard to alien tree invasions.Invasion biology, the study of biological invasions by alien plants and their impact on ecosystems, is a fast-growing scientific discipline whose importance has only been recognised in recent years, although its concepts were first put forward by Charles Darwin.Richardson is a member of the International Union for the Conservation of Nature’s Species Survival Specialist Groups on Invasive Organisms as well as Conifers.He is also editor-in-chief of the conservation journal Diversity and Distributions and sits on the editorial boards of Biological Invasions and Ecologia Mediterranea, as well as on several advisory panels and committees.Richardson’s work on tree invasions highlights the basic ecology of invading species and also discusses management issues.Much of his knowledge has been gleaned from the study of the genus Pinus, or pine trees. According to the professor, the 111 known species of pine serve as good examples of the ecology of plant invasions in general because many species occur outside their natural habitats, and have successfully adapted.Threat to indigenous speciesAccording to the Department of Water Affairs, invasive alien species are causing billions of rands’ worth of damage to South Africa’s economy every year. About 10-million hectares of the country is under siege from invaders, and they constitute the most serious threat to South Africa’s famed biodiversity.Most aliens are plants, although there are other fish, birds, mammals, insects and microbes that threaten to wipe out indigenous species if left unchecked. For instance, the Mediterranean mussel (Mytilus galloprovincialis), which is thought to have arrived in South Africa in the late 1970s, most likely attached to a ship’s hull, has eradicated a large percentage of South Africa’s indigenous molluscs along the country’s shoreline.The water affairs department reports that there are around 9 000 non-indigenous plants in South Africa – of these, 198 are classified as major invaders that interfere with the natural functioning of delicate indigenous ecosystems. A few of the most common plant invaders in South Africa are the black, silver and green wattles, the bluegum, the lantana, the syringa, and the popular jacaranda.Alien species inhibit productive use of land and exacerbate soil erosion. They consume vast quantities of water, a precious resource on the African continent, as indigenous species have adapted to dry conditions by using minimal qualtities of water.By clogging waterways and using up oxygen, alien aquatic plants such as the water hyacinth and salvinia water fern pose serious problems to fisheries and agriculture, leisure activities, and water supply.Various methods of control are available to biologists. These include mechanical removal, chemical destruction of aliens, and biological control with species-specific insects and diseases that target only the invader. An integrated approach produces the best results.South Africa’s water affairs department runs more than 300 projects in all nine provinces under its Working for Water (WFW) programme. Since it was established in 1992, WFW has overseen the clearing of more than a million hectares of previously overgrown land. Many of the workers, who receive on-the-job training and skills development, are previously unemployed, and 52% of them are women.WFW has stated that alien plant infestations will double within 15 years if nothing is done now to stop them.last_img read more

Outcomes from the WCF

first_img15 March 2016During the 2016 World Communication Forum (WCF) in Davos, Switzerland, BRICS – Brazil, Russia, India, China and South Africa – agreed to establish a BRICS Communicators Forum.The focus of the BRICS group would be on defining the communication strategy of the world’s five fastest growing economies, said acting director-general of the Government Communication and Information System (GCIS), Donald Liphoko.Liphoko was part of the South African delegation at the WCF, which ran from 7 to 10 March. The 2016 conference was the seventh annual forum.“The WCF was a major success in that it provided South Africa with a platform to engage with communicators from other parts of the world, but the major highlight is that we were able to agree as BRICS countries to establish a BRICS Communicators Forum on the sidelines of the Davos WCF that is going to focus on defining the BRICS communication strategy as well as positioning the geo-political group,” he said.Listen to what Communications Minister Faith Muthambi had to say:South Africa’s ubuntuThe participation of countries such as South Africa in WCF was crucial, said Dr Jon-Hans Coetzer, the executive dean for undergraduate programmes at the Glion Institute of Higher Education in Switzerland.“We all know the history of South Africa and now you just have to look at what South Africa has produced, what the country has brought to humanity in terms of great leadership, what it has brought to the international community in terms of big changes such as the promotion of equality for all, social justice and education in the world today.”“What I like more about South Africa is this concept of Ubuntu, which is so much part of the DNA of all South Africans. This concept is also relevant in global communication because we all need each other – business, the media, communication, education and public relations.”Coetzer said he taught ubuntu as a management concept, emphasizing to his class that without their customers and community they were nothing.About WCFThe annual meeting in Davos brings together industry leaders in public relations, marketing, media, political and business communications and corporate finances, as well as a large number of media representatives and international partner associations and organisations.According to the official website, the goal is to “unite trend-makers and influencers from the global communications elite and provide a platform for discussion focused on the future development of communications and their role in business, society and politics; to provoke in-depth analysis of the form and content of interaction between business, media, and society, on the one hand, and the state, on the other.”Source: South African Government News Agencylast_img read more

The Difference Between Air Conditioners and Dehumidifiers

first_imgThere’s a great Patton Oswalt bit where he contemplates meeting George Lucas in 1996 (gotta love the oblique intros). After slobbering over the original Star Wars trilogy and just about suffering an aneurysm over a possible new trilogy, his enthusiasm tapers off dramatically. He finds out what the new movies will be about, namely all the background filler behind his favorite characters and moments — which he hasn’t the palest interest in. To paraphrase, we don’t care where the stuff we love comes from; we just love them.A parallel idea defines most technology. (How was that for a tortured analogy?) People don’t care how iPhones work or why their laptop no longer does. They love all what their iPhone does: web browsing, apps, the intermittently working phones. What’s not to like?Air conditioning and dehumidifiers are the same way. They produce cool and dry air, respectively, and as far as most folks are concerned, there’s a tiny wizard inside. The liquid refrigerant passes through the expansion valve/evaporator transitioning into a gas. The refrigerant absorbs heat during this phase shift. Passing through a long series of cooling coils, this pulls heat out of the air. Since cold air can hold much less water vapor, it condenses on the cool metal of the evaporator coils. This condensate drains off, never to be heard from again (for two paragraphs).On the flip side, the condenser/compressor converts the gas back to liquid. This phase change expels a lot of heat, dumping it out of the refrigerant. This cycle of expansion, contraction, and shifting between liquid and gas pulls heat and moisture from the air. BLOGS BY ERIC NORTH How to Insulate and Air-Seal Pull-Down Attic StairsHow to Insulate and Air Seal an Attic HatchCan Switching to a Dual-Flush Toilet Save Heat?Essential Energy-Audit EquipmentThe Journal of Poor HomebuildingFiberglass versus CelluloseCape Cod Style Homes Are Difficult to Heat Air conditioners and dehumidifiers: a few differencesSo the guts of the two systems operate on the exact same heat-exchange principle. How are they different? The first difference concerns how they move warm and cool air — which is to say, air conditioners do and dehumdifiers don’t.Warm and cool air movement — Air conditioners have fan systems designed to circulate room temperature air over the cooling coils and pump out a chilly blast. Dehumidifiers could care less about your overheated brain. They have a fan for pulling in the moist air and expelling dry air, but the warm air off the condenser? Air conditioners move this outside. To heck with the polar bears. Dehumidifiers dump the warm air inside, negating any cooling effect.Moisture — The two machines deal with moisture very differently as well. Air conditioners and dehumidifiers both condense moisture on the cooling coils. Air conditioners pool the condensate in a pan which drains to the exterior. They can have a drip edge or drainage tubes, but the basic thrust is the moisture leaves the house.Dehumidifiers are designed to pull water from the air. Dehumidifiers generally have a water reservoir with a hose attachment port for dedicated drainage. They have automatic shutoffs to prevent spillage when you forget to turn the machine off (or forget to empty the condensate container) over the weekend.The funny thing about air conditioners and dehumidifiers is that their functions are so wildly different that most folks don’t realize that the heat transfer mechanic is identical. However, they are nearly identical in form if not function. RELATED ARTICLES Air Conditioner BasicsAll About DehumidifiersThe Magic of ColdWindow-Mounted Air Conditioners Save EnergyThe Pros and Cons of Running a Dehumidifier How do air conditioners and dehumidifers work?So how do air conditioners and dehumidifiers work — I mean, outside of wizardry? The two machines are functionally the same, using the same mechanism to produce different results. Both systems circulate refrigerant through a continuous loop. The refrigerant moves back and forth between gas and liquid states. The energy changes caused by the shifts in state moves heat energy. Erik North, the owner of Free Energy Maine, is an energy auditor and home performance specialist in Westbrook, Maine. He is also the author of the Energy Auditing Blog.last_img read more

Air Force stuns Pocari to inch closer to PVL Finals

first_imgMOST READ Trump strips away truth with hunky topless photo tweet Sports Related Videospowered by AdSparcRead Next DILG, PNP back suspension of classes during SEA Games Robredo: True leaders perform well despite having ‘uninspiring’ boss PLAY LIST 02:49Robredo: True leaders perform well despite having ‘uninspiring’ boss02:42PH underwater hockey team aims to make waves in SEA Games01:44Philippines marks anniversary of massacre with calls for justice01:19Fire erupts in Barangay Tatalon in Quezon City01:07Trump talks impeachment while meeting NCAA athletes02:49World-class track facilities installed at NCC for SEA Games “Almost everyone stepped up for the team,” Jimenez said. “Our service and blocking worked and we also did well on our floor defense.”May Pantino and Jocemer Tapic scored 12 and 11 points, respectively for No. 3 Air Force, which fell to Pocari in straight sets back in the elimination round on July 26.FEATURED STORIESSPORTSSEA Games: Biñan football stadium stands out in preparedness, completionSPORTSPrivate companies step in to help SEA Games hostingSPORTSWin or don’t eat: the Philippines’ poverty-driven, world-beating pool starsMyla Pablo had a game-high 14 points for the Lady Warriors, who will shoot for the equalizer in their best-of-theee duel less than 24 hours from now. Lacson: SEA Games fund put in foundation like ‘Napoles case’ Photo by Tristan Tamayo/INQUIRER.netAir Force got back at Pocari Sweat, 25-20, 25-19, 25-21, to take a 1-0 edge in their semifinals series in the Premier Volleyball League Saturday night at Filoil Flying V Centre in San Juan.Head coach Jasper Jimenez said everything clicked for the Lady Jet Spikers, resulting to a surprisingly quick victory over the formidable Lady Warriors.ADVERTISEMENT Don’t miss out on the latest news and information. Church, environmentalists ask DENR to revoke ECC of Quezon province coal plant LATEST STORIES FEU Auditorium’s 70th year celebrated with FEU Theater Guild’s ‘The Dreamweavers’ National Coffee Research Development and Extension Center brews the 2nd National Coffee Education Congress NGCP on security risk: Chinese just technical advisers Robredo should’ve resigned as drug czar after lack of trust issue – Panelo Head-turners Mendez, Kilgroe relish challenge in Cobra Ironman 70.3 View commentslast_img read more

Jamaica and China Sign Four Agreements

first_img The Jamaican Government, August 21, signed four agreements with the People’s Republic of China worth millions of dollars, as Prime Minster, the Most Hon. Portia Simpson Miller continues her official trip to that country.Chief among them is an agreement with the China Exim Bank for a preferential loan for the Major Infrastructure Development Project (MIDP).The others are Letters of Agreement on economic and technical co-operation between both governments; Letters of exchange on the construction of infant schools by the Government of China for Jamaica; and Letters of exchange on the feasibility study, ‘Teaching Building of the Confucius Institute’, by the Government of China for Jamaica.The agreements were signed on behalf of the Jamaican Government by Foreign Affairs and Foreign Trade Minister, Senator the Hon. A.J. Nicholson at the Great Hall of the People in the Chinese capital, Beijing, minutes after a meeting between Mrs. Simpson Miller and her delegation and the President of the People’s Republic of China, His Excellency Xi Jinping.Under the MIDP, several hundred kilometres of roadway will be rehabilitated; bridges and retaining walls will be constructed or rehabilitated as well as the completion of sub-projects started under the Jamaica Development Infrastructure Programme (JDIP). The project is slated to provide employment for thousands of Jamaicans.In the meantime, both countries signed an agreement with a view to further developing friendly relations and economic and technical co-operation between the two countries.Under this agreement, the Chinese government will provide grant aid in the amount of RMBY 100,000,000 or approximately US$16 million. This will be used for projects to be mutually agreed on through consultations between the two countries.“Detailed accounting procedures for the disbursement of funds concerning the implementation of the agreement shall be settled between the Accountant General’s Department of the Ministry of Finance and Planning of Jamaica and the China Development Bank,” the agreement states, adding that it shall remainin force until both governments have fulfilled all their obligations stipulated in the agreement.For another agreement, the Chinese government has agreed to dispatch a technical group to Jamaica for a feasibility study on the project – ‘Teaching Building of the Confucius Institute’ –  on the Mona Campus of the University of the West Indies. If this is feasible, a specific supplementary agreement will be signed between both governments.“The cost, in the amount of RMBY500,000 for implementation of the mentioned feasibility, shall be disbursed from the grant aid stipulated in the Agreement on Economic Co-operation between the Government of China and the Government of Jamaica signed on February 1, 2005,”  the agreement states.“The Government of China shall designate an institution to issue a bill, in quadruplets, to settle accounts through the China Development Bank Corporation and the Accountant General’s Department of the Ministry of Finance and Planning of Jamaica,” it adds.The Prime Minister arrived in the People’s Republic of China on August 20 for a five-day official visit.Mrs. Simpson Miller is accompanied on the trip by Minister of Foreign Affairs and Foreign Trade, Senator the Hon. A.J. Nicholson; Minister of Water, Land, Environment, and Climate Change, Hon. Robert Pickersgill; Permanent Secretary, Office of the Prime Minister, Onika Miller; Special Envoy and Chief Advisor to the Prime Minister, Dr. the Hon. Carlton Davis; and members of her security detail.The Prime Minister and her delegation are scheduled to meet with the leadership of important state institutions such as the China Export-Import Bank and the China Development Bank, as well as major firms currently doing business in Jamaica and those with strong investor interest.She is also slated to have discussions on development challenges associated with climate change and global warming and, in particular, those faced by Small Island Developing States (SIDS) in implementing necessary climate adaptation mechanisms and recovering from the significant damage caused by natural disasters.The Prime Minister will participate in discussions regarding the role of the Group of 77 (G7) nations and China in the effective operation of the United Nations (UN) and multilateral systems to ensure that the voice and representation of emerging and developing countries are enhanced in the global political and economic frameworks.A small private sector delegation has also accompanied the Prime Minister to explore trade and investment opportunities with officials and business interests in China. They will attend a business forum on Friday, August 23. Both countries signed an agreement with a view to further economic and technical co-operation Story Highlights The Jamaican Government, August 21, signed four agreements with the People’s Republic of China worth millions of dollars Chief among them is an agreement with the China Exim Bank for a preferential loan for MIDPlast_img read more

DHT Says No to Frontlines Offer

first_imgzoom Bermuda-based crude oil tanker firm DHT Holdings has rejected Frontline’s offer to acquire all of the outstanding shares of common stock in DHT for a per-share consideration of 0.725 Frontline shares.After a comprehensive review, conducted in consultation with its financial and legal advisors, the DHT Board of Directors concluded that the Frontline proposal “is wholly inadequate and not in the best interests of DHT or its shareholders.”“We believe that Frontline’s proposal substantially undervalues our company and represents an opportunistic attempt to acquire DHT at a low point in the cycle,” Erik Lind, Chairman of DHT, said.Lind added the company is “confident that DHT will generate significantly more value to shareholders as an independent company than the prospects afforded by this proposal.”The offer by the John Fredriksen-controlled tanker owner and operator was made last week when the company initiated discussion with DHT for a potential business combination.Together with its affiliates, Frontline has also acquired 15,3 million shares of DHT, representing around 16.4% of DHT’s outstanding common stock based upon 93,366,062 common stock outstanding.last_img read more

Curious koala in Australia sneaks inside a parked car to cool off

first_img Share your voice Only in Australia – after a local winemaker left the car door open, a curious koala decided to take advantage of the air-conditioning. We speak to the winemaker in 7 News at 6pm. #7News pic.twitter.com/fKWCKTFguF— 7 News Adelaide (@7NewsAdelaide) March 19, 2019 Watch a kangaroo attack a landing paraglider in Australia Romeo, the ‘world’s loneliest frog,’ finally gets a crack at love Venomous toads hitch ride on a massive snake to escape storm How to survive deadly animal attacks This curious koala got to cool off inside an air conditioned car in Australia, thanks to this patient winemaker.  Tim Whitrow/Facebook Be sure to keep your car doors closed during a hot day in Australia, or you could end up with a koala as a new carpool buddy.That’s exactly what happened to South Australian winemaker Tim Whitrow. Whitrow had left the doors open and the air conditioning on in his parked car so his dog could get in and out of it while he briefly went to check on the grapes at his family’s vineyard.  When he returned there was a surprising new passenger in his vehicle.”As I was moving to another part of the vineyard, I noticed that someone else was also in the car enjoying the air-conditioner,” he wrote on his Facebook page on Sunday.Whitrow filmed the encounter, showing the curious koala crawling around in the backseat of his car, with his slightly confused dog looking on. “This is what happens when you leave your car doors open in a vineyard; koalas jump into your car,” Whitrow said in the video.  23 Photos Sci-Tech Post a comment Whitrow decided to drive the koala to a nearby scrubland to release it back into the wild. When he parked the car to let the marsupial out, the stubborn koala decided to instead climb onto the front seat to enjoy the air conditioner even more. Eventually, the koala was coaxed out of the car, but not before leaving several gouge marks across the car’s dashboard. “It took a fair bit of convincing to get the feisty little fella out,” Whitrow said on his Facebook page. 0 Tags More unusual animal newslast_img read more