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ExxonMobil Profit Hit by Low Oil Prices in Q1 2016

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Low crude oil prices and weak refining margins have hit ExxonMobil and rival Chevron’s profits in Q1 of 2016.

ExxonMobil reported a profit of $1.8 billion, a sharp decline from $4.94 billion for the same period in 2015 and its lowest quarterly profit since 1999.

Revenue dropped 28% to $48.7 billion, but it had strong results from its petrochemicals division.

Chevron has reported a quarterly net loss of $725 million.

That compared with a net profit of $2.57 billion for the same period in 2015 and was worse than analysts had expected.

Chevron CEO John Watson said: “We are controlling our spend and getting key projects under construction online, which will boost revenue.”

ExxonMobil shares rose 1.4% in New York on April 29, while Chevron fell 0.6%.Oil prices fall below 28

Meanwhile, oil prices hit their highest levels of the year on April 29, driven up by lower US production and a weak dollar.

Brent crude was up 12 cents at $48.26 a barrel in afternoon trading, while US oil rose 57 cents to $46.60.

US oil production has continued to fall in recent months, easing concerns about oversupply, while the dollar has lost almost 2% of its value against other global currencies in the past week.

A weaker US dollar typically contributes to a rise in oil prices, because oil is priced in dollars. When the dollar weakens against other currencies, oil becomes cheaper to buy, pushing up demand.

However, the latest rise in oil prices may be limited by a future increase in Middle East production, according to a note released by Deutsche Bank.

Iraq and the UAE are likely to raise production after maintenance issues are resolved, Deutsche indicated, and Saudi Arabia may also increase production significantly.

However, this may be tempered by events in Latin America, where Venezuela is struggling to maintain its crude output, according to a report from Eurasia Group.

Eurasia Group reported that low oil prices over the past two years have meant Venezuela’s government is running out of cash to keep its state-owned oil pumps operational.

Iraq Parliament Stormed by Hundreds of Shia Protesters

Iraq’s parliament has been stormed by hundreds of Shia Muslim in protest against ongoing deadlock in approving a new cabinet.

Supporters of Shia cleric Moqtada al-Sadr broke through barricades of the protected Green Zone in Baghdad after lawmakers again failed to convene for a vote.

A state of emergency has been declared in Baghdad, but not a curfew.

Security forces near the US embassy later fired tear gas to stop more protesters entering the Green Zone.

Moqtada al-Sadr wants PM Haider al-Abadi to commit to a plan to replace ministers with non-partisan technocrats.

Powerful parties in parliament have refused to approve the change for several weeks.

Earlier this week, hundreds of thousands of people marched towards the Green Zone, the most secure part of Baghdad that houses embassies and government buildings, to protest against the political deadlock.

A new protest outside the zone escalated after parliament again failed to reach a quorum on April 30.

Photo Reuters
Photo Reuters

Groups marched on the district soon after the end of a televised appearance by Moqtada al-Sadr, although he did not call for the storming of parliament.

The protesters tried to topped lawmakers attempting to flee the building.

They are reported to have begun ransacking parliament buildings. UN and embassy staff were on lockdown inside their compounds, Reuters reported.

Iraq’s system of sharing government jobs has long been criticized for promoting unqualified candidates and encouraging corruption.

PM Haider al-Abadi, who came to power in 2014, has promised to stamp out corruption and ease sectarian tensions, but he has failed to far to introduce a new technocratic cabinet.

A survey by the Pew Research Centre in 2011 found that 51% of Iraqi Muslims identified themselves as Shia, compared with 42% Sunni.

Elsewhere in Baghdad, a car bomb targeted a group of Shia Muslim pilgrims on April 30, killing at least 21 people.

The Shia cleric and his militia group, the Mehdi Army, gained prominence after the US-led invasion of Iraq in 2003. galvanizing anti-US sentiment.

Moqtada al-Sadr’s followers clashed repeatedly with US forces, whose withdrawal the cleric consistently demanded.

An arrest warrant was issued for Moqtada Sadr in 2004 in connection with the murder of a rival cleric.

Moqtada al-Sadr’s militia was also blamed for the torture and killing of thousands of Sunnis in the sectarian carnage of 2006 and 2007.

Giants Club Summit 2016: Kenya Burns Huge Ivory Stockpile

On the last day of the first Giants Club summit, President Uhuru Kenyatta has set fire to a huge stockpile of ivory in an effort to show Kenya’s commitment to saving Africa’s elephants.

More than 100 tonnes of ivory was stacked up in pyres in Nairobi National Park where it is expected to burn for several days.

The ivory represents nearly the entire stock confiscated by Kenya, amounting to the tusks of about 6,700 elephants.

Some disagree with Kenya’s approach, saying it can encourage poaching.

Photo AP
Photo AP

Before igniting the first pyre, President Uhuru Kenyatta said: “The height of the pile of ivory before us marks the strength of our resolve.

“No-one, and I repeat no-one, has any business in trading in ivory, for this trade means death of our elephants and death of our natural heritage.”

The burning comes after African leaders meeting in Kenya urged an end to illegal trade in ivory.

Experts have warned Africa’s elephants could be extinct within decades.

However, some conservationists have expressed opposition to the ivory burn in Kenya, the biggest in history.

They say destroying so much of a rare commodity could increase its value and encourage more poaching rather than less.

Botswana, which is home to about half of Africa’s elephants, is opposed to the burn and its president did not attend the event in Nairobi.

Demand for ivory comes largely from Asia, with the main trafficking route being through the Kenyan port of Mombasa.

Africa is home to between 450,000 and 500,000 elephants but more than 30,000 are killed every year for their tusks. Tanzania has lost 65% of its elephant population in the past five years.

The Kenyan ivory pyres are seven times the size of any stockpile destruction so far, and represent about 5% of global ivory stores.

Some 1.35 tonnes of rhino horn will also be burned.

The street value of the ivory to be destroyed is estimated at more than $100 million, and the rhino horn at $80 million.

Cambodia Passenger Train Services Restarted after 14 Years

Cambodia’s passenger train services have been restarted on one route after a gap of 14 years.

The first service set out on April 30 from the capital Phnom Penh for the tourist areas of the south-west coast.

The train service, which will run only on weekends, had a VIP on board – veteran PM Hun Sen.Cambodia train service restarted 2016

He wrote on Facebook: “The train and railway were almost totally destroyed by war more than 40 years ago.

“Because our country is now at peace, we have the opportunity to rebuild our transport infrastructure.”

The journey from Phnom Penh costs around $7 and takes eight hours. It will run to and from the coast once a day from Fridays to Sundays.

The country’s cargo services restarted three years ago, along small stretches of track.

Cambodia has hundreds of miles of track, but very little is open, after decades of neglect.

Dutch Study: Worsening Depression Could Indicate Early Signs of Dementia

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A new study has found that symptoms of depression that steadily increase over time in older age could indicate early signs of dementia.

According to Dutch scientists, other patterns of symptoms, such as chronic depression, appear not to be linked.

Researchers looked at different ways depression in older adults progressed over time and how this related to any risk.

They concluded worsening depression may signal dementia is taking hold.Arginine supplements and dementia

The research, published in The Lancet Psychiatry, followed more than 3,000 adults aged 55 and over living in the Netherlands.

All had depression but no symptoms of dementia at the start of the study.

Dr. M. Arfan Ikram of the Erasmus University Medical Center in Rotterdam said depressive symptoms that gradually increase over time appear to be a better predictor of dementia later in life than other paths of depression.

“There are a number of potential explanations, including that depression and dementia may both be symptoms of a common underlying cause, or that increasing depressive symptoms are on the starting end of a dementia continuum in older adults,” he said.

Only the group whose symptoms of depression increased over time were found to be at increased risk of dementia – about one in five of people (55 out of 255) in this group developed dementia.

Others who had symptoms that waxed and waned or stayed the same were not at increased risk.

For example, in those who experienced low but stable levels of depression, around 10% went on to develop dementia.

However, the exact nature of depression on dementia risk remains unknown.

They often occur together, but the Dutch study is among the first to look at different patterns of depression symptoms.

Germany Clashes: 400 Protesters Arrested outside AfD Party Conference

German police clashed with hundreds of left-wing demonstrators trying to block the access of participants at a far-right party conference in Stuttgart.

At least 400 protesters have been arrested by riot police.

The right-wing populist Alternative fur Deutschland (AfD) party is expected to re-brand itself as openly anti-Islamic during the meeting.

Police, who surrounded several hundred protesters, fired pepper spray at crowds. Close to 1,000 officers were deployed.AfD Stuttgart Conference clashes

The AfD wants to ban the burqa and outlaw minarets in Germany.

Despite the protest, the AfD conference began as planned on April 30.

Nearly 2,000 members of the AfD are registered to attend the conference. The party achieved gains in all three states taking part in regional elections in March, claiming almost a quarter of the vote in the relatively poor eastern state of Saxony-Anhalt.

The AfD had campaigned against what it called Chancellor Angela Merkel’s “catastrophic” decision to accept a million migrants and refugees in 2015.

In today’s conference, the party must agree a manifesto ahead of next year’s general election.

Proposals include withdrawal from the euro and the reintroduction of conscription, but there are splits within the party, including between its less hardline wing and the leadership.

Before the conference, police encircled groups of demonstrators in a technique known as kettling. Some protesters were seen being dragged away, with others chanting “Shame on you” at officers.

Kenya Building Collapse Kills at Least 7 People in Nairobi

Dozens of people are feared trapped after the collapse of a seven-storey building in heavy rain in the Kenyan capital Nairobi, rescuers say.

Footages from the scene showed a crowd gathering at the Huruma residential estate as rescuers dug for survivors.

At least seven people are known to have died.

The Red Cross criticized “chaotic scenes” as rescuers arrived.

At least 121 people had been rescued, police told Kenya’s KTN network .Nairobi building collapse April 2016

It is unclear how many people are trapped beneath seven floors of concrete.

The rainfall in addition has caused landslides, washed away houses and flooded roads.

Fourteen people died in the Nairobi rains, including those in the collapse, police told KTN. Another four died when a wall toppled over, officials said.

The Huruma neighborhood is a poor district on the outskirts of Nairobi made up of narrow streets, meaning firefighters struggled to get to the scene and were delayed by large crowds.

After some time, the army took charge of the rescue – with the help of the Kenyan Red Cross.

Residents said that the building shook violently in the rain before collapsing.

Poor building standards are a fact of life in Kenya, correspondents say. A survey carried out last year found that more than half the buildings in the capital were unfit for habitation.

The high demand for housing in Nairobi has led to some property developers bypassing building regulations to reduce costs and increase profits.

There has however been some good news for the rescuers who extracted a number of children from the wreckage.

In 2015, President Uhuru Kenyatta ordered an audit of all the buildings in Kenya after a spate of collapses.

Donald Trump California Speech Delayed by Violent Protests

Donald Trump’s speech in Burlingame, California, has been delayed after hundreds of protesters broke through barricades and threw eggs at police outside a hotel where the GOP front-runner was due to address the state’s Republican convention.

Because of the protest, Donald Trump had to enter the hotel via a rear entrance.

His rallies have been dogged by violence.

On April 28, a police car had its windows smashed as Donald Trump spoke inside a hall in the Orange County Fairgrounds in Costa Mesa. Some 20 arrests were made.Anti Trump protests Burlingame

The Trump campaign had to cancel several rallies in March after hundreds of protesters threatened to disrupt events in Chicago and St Louis.

Before his speech on April 29, news helicopters showed Donald Trump and his security detail crossing a motorway before entering the hotel via a side door.

On stage, Donald Trump joked about the protesters, saying “that was not the easiest entrance I ever made.”

“I felt like I was crossing the border,” he said, and that he walked through “dirt and mud” to get to the building outside of San Francisco.

Many of the protesters outside Donald Trump’s speech were arguing against his positions on immigration. The billionaire has advocated building a border wall with Mexico which he says Mexico would pay for.

Donald Trump has also referred to Mexicans as “rapists” and criminals responsible for bringing illegal drugs into the US.

The New York businessman is extremely unpopular among Latino voters and California has a large Mexican-American population.

Protests are expected to continue until the California primary is held on June 7.

Donald Trump has called himself the Republican “presumptive nominee” after a string of primary wins.

In terms of delegate support, Donald Trump is far ahead of his nearest rivals, Texas Senator Ted Cruz and John Kasich, the governor of Ohio.

EU Roaming Charges Capped Again

Roaming charges across the European Union are being capped starting with April 30, 2016.

Thanks to the new roaming rules, the cost of making and receiving calls when abroad in the EU is now substantially cheaper than in 2007, when the EU first started to tackle excessive roaming charges.

From June 2017, roaming charges in the EU will be abolished completely.

Those making calls, downloading data or texting would save millions of euros in charges following the latest changes.EU data roaming charges

Consumers pay roaming charges whenever they connect to an operator based abroad. The charges are in addition to the cost of the call itself, and for short calls they can make up a large proportion of the overall fee.

The biggest reductions will be for people downloading data – such as emails, pictures or social media – where the roaming charge will be cut by about 75%.

Charges for outgoing phone calls will be cut by a similar amount. The charge for texting will be reduced by about 66%.

From April 30, 2016, onwards, the roaming fee equal to domestic price + €0.05 may not exceed €0.19 for voice and €0.20 for data. The roaming fee equal to domestic price + €0.02 may not exceed €0.06 for SMS.

These price caps are the maximum permissible prices. Operators are free to offer cheaper rates, so be on the lookout for better deals.

Member States’ national telecoms regulators must ensure that mobile phone operators comply with the new rules on data roaming and the lower prices of voice calls. Consumers can contact the national regulator in the Member State where their mobile operator is based if they have any problems or questions about the new limits.

Best Practices for Audio Recording for effective Audio Transcription

Audio recording is a standard practice done by several insurance companies and health care professionals to make important inputs about insurance claims and patient data respectively.  These recorded statements carry a lot of relevant information and can even serve as a piece of evidence in a court of law. They cannot be taken lightly, which is why several insurance firms, hospitals and even independent physicians resort to engage audio transcription services to transform raw data into standardized documents.

Firms offering transcription services have a team of highly trained transcriptionists who ensure timely delivery of highly accurate transcribed files. However, the accuracy and effectiveness of audio transcription is determined by the quality of the audio recording. Eyered, a leading provider of high quality and cost-effective medical transcription services recommend the following best practices for efficient audio recording.

Try restricting background noises

When recording statement of an individual in person or over a speaking phone or self-recording an audio file make sure that there is minimal sound in the background. It’s best to perform any job related to audio recording in an empty room, however sometimes that’s impossible. Therefore, alert others present in the room when you are recording a statement. Remember that even background noises such as the sound of the printer, typing, telephone ringing can blur information. Also, make sure that all phones within the vicinity of the room are put on silent mode prior to recording.

Photo Flickr Ak-i
Photo Flickr Ak-i

Use noise cancellation headsets

If you are recording statement over a phone call, make sure that you use a noise cancellation headset with a microphone that will help you focus on the job and enable you to hear the person on the other side of the phone better.

Seek consent from the participant or participants

It is always recommended to inform the participant or participants that their statements or interview is being recorded. The consent is taken so as to avoid any kind of legal complication. Some suggest that recording patient consultation by doctors is violation of HIPPA compliance, but it’s actually not if you take consent from the patient in advance.

Record time, date and name of participants

In order to maintain chronology of the data, make sure that you speak into the microphone or recorder the time and date of the recording. Mentioning the names of the participant(s) is also recommended for further streamlining of data.

Use good quality equipment’s

The quality of recording devices such as digital recorders, microphone can impact the quality of your recording. Thus, use only high quality equipment’s for all recording purposes.

Avoid the usage of abbreviations and acronyms

As a rule avoid the use of abbreviations. And if at all you use an acronym, do mention its full form a better understanding of the audio recording. Avoid using fillers such as “umm”, “ahh”, “like” etc.

Speak into the microphone or the recorder

While recording the statement, ensure that your voice is captured properly. Speak directly into the microphone. In case you are recording the statement of the participant, remind them to speak into the microphone. Clear speech is important for a well-recorded audio piece.

Speak coherently

While speaking, we tend to use a lot of connecting words like “but”, “and”, “so”, in order to make a point. Speaking in such a tone while recording an observation can sound incoherent, therefore try avoiding that. Instead speak in short sentences, good grammar and clear sound.

In conclusion we can say that besides ensuring highly accurate transcripts, adhering to the aforementioned practice will reduce the time and cost of audio transcription service.  Often due to lack of clarity and recording of complete information you send the transcribed files again to the transcription agency to review or re-do work. However, this back and forth cycle will break, if the recording is done in a clean and precise manner.

Flint Water Crisis Becomes Doctoral Theme Seminar at Wayne State University

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Wayne State University professor Matthew Seeger, a crisis communications expert, predicts the Snyder Administration’s actions in Flint, Michigan, will long serve as a cautionary tale in university courses.

Photo Flintwaterstudy.org
Photo Flintwaterstudy.org

In one notable case, Harvey Hollins III, Michigan Governor Rick Snyder’s director of Urban and Metropolitan Initiatives, was told in March 2015 about an increase in Legionnaire’s disease in Genesee County that appeared to correspond with the state’s decision to switch to the Flint River as a source of water for Flint, but didn’t tell Snyder.

Lynn Wooten, an associate dean at the Ross School of Business at the University of Michigan, and an expert on crisis leadership, said Governor Rick Snyder and other state officials should have been more open to the data of outside researchers, such as Dr. Mona Hanna-Atisha who found increased rates of lead poisoning in Flint children, and Virginia Tech’s Marc Edwards, who found dangerous levels of lead in the drinking water.

Norway Helicopter Crash Kills 13 People near Bergen

Thirteen people have been killed in a helicopter crash near the Norwegian city of Bergen, rescuers say.

Eleven of those on board were Norwegians, one was Italian and one Briton. No survivors have been found.

A major rescue operation was launched but ended within hours of the crash.

Meanwhile, Norway’s civil aviation authority has imposed a flight ban on the type of helicopter that crashed – the Eurocopter (EC) 225L Super Puma. Reports say it was “totally destroyed”.

Civil aviation officials told Norwegian newspaper VG that servicing for the helicopter which crashed had been delayed twice in 2015, for a total of 200 flying hours.

Photo ITV.com
Photo ITV.com

The aircraft was flying from the Gullfaks oil field to Bergen, a centre for the North Sea oil and gas industry.

Eleven bodies have been found, and two other people are still missing.

Norwegian PM Erna Solberg said news of the crash was “horrible”.

King Harald and Queen Sonja cancelled a trip to Sweden, Norwegian broadcaster NRK reported.

Oil company Statoil said the helicopter was “on assignment”. All the passengers were Statoil employees.

Both Statoil and the UK energy company BP have suspended use of the Super Puma.

Statoil has also suspended oil production at the Gullfaks B platform “so that we can take care of the staff in the best way possible”, company vice-president Arne Sigve Nylund told journalists.

The aircraft came down near the small island of Turoy, just west of the village of Solsvik.

Eyewitnesses reported seeing the helicopter’s rotor blade come loose and shear off.

Photos from the scene showed thick smoke coming from an area of rocky islets.

Local media said the helicopter dropped 2,200ft in the last 10 seconds before it crashed. Some wreckage was found on the rocks, and parts of the fuselage are in the sea.

Elections 2016: Ted Cruz Endorsed by Indiana Governor Mike Pence

Indiana Governor Mike Pence has backed Republican presidential candidate Ted Cruz, four days before the state’s GOP primary.

Campaigning on April 29, Ted Cruz praised the governor, saying he would enthusiastically welcome his support.

Indiana’s primary on May 3 is Ted Cruz’s best chance to stem the momentum of Republican front-runner Donald Trump.

Donald Trump has won a string of states, taking him closer to being the nominee.Ted Cruz endorsed by Mike Pence

However, if Donald Trump does not win 1,237 delegates, there will be a contested Republican convention in July.

This would mean the delegates – local party activists and senior GOP officials – being free to pick an alternative candidate like Ted Cruz or the third candidate John Kasich.

It has been an eventful week for Ted Cruz, taking a beating in five state primaries, picking Carly Fiorina as his running mate and then being called “Lucifer” by ex-House Speaker John Boehner.

Governor Mike Pence made his announcement on radio on April 29, saying the Texas senator was the best conservative among “three good men”.

Make Sure Your Business is Doing Everything Above Board

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The key for successful business owners is making sure they run their business well. You need to make sure you do important things like looking after your staff and their interests. If you can run an ethically sound business people are going to notice and you will thrive as a result. So, you need to make sure you do what you can to be a success and keep everything above board. Here are a few of the best things you can do to achieve that.

Pixabay.com

Don’t Cut Corners

It’s important to make sure everything is done properly and above board. And the way to do this is to ensure you don’t cut corners. You have to carry out all your business practices properly. Cutting corners can lead to problems and difficulties further down the line. And, it also raises questions about how you run the company. Never cut corners, and always make sure you follow the right way of doing things. It’s important to have morals and good ethics when you’re trying to run a business.

Protect Yourself Legally

You also have to take steps to ensure that you protect yourself and the company legally. There are so many ways in which the business might be at risk. You are vulnerable from legal action on all sides. So it’s vital to ensure that everyone and everything is protected in a legal sense. In order to achieve this, you need to make sure you get in touch with law firms. You need to hire business attorneys so you always have legal advice to help your company. This is a sensible and practical step to take in the process.

Be Fair and Ethical

It’s crucial that you make sure you are fair and ethical as an employer. That means you have to consider your staff in all the decisions you make. Try to do what is best for them, and figure out how you can improve their working lives. The basic way of doing this is to try to make sure you are a fair and sound boss. You need to adhere to employment law regulations as well as making sure everyone is treated fairly. Try to be as compassionate and understanding towards your employees as you can.

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Equal Opportunities

If you really want your business to stand out in the modern world you should make yourself an equal opportunities employer. This means you give opportunities for employment to people from all different backgrounds. You need to try to make sure you have a diverse and varied staff base. This means giving everybody a chance irrespective of their background, orientation, religion or gender. It might also be good to try to have a diverse pool of international employees in the company. This will also help when you are trying to look for ways to take your business global.

As a small business owner, you have to make sure your company is well run. That means you need to iron out creases and make sure everything is above board. Running a sound and successful company is the best way to cement your legacy as a great business owner. So, you need to do what you can to ensure this happens.

Ford Posts Record Profit in Q1 2016

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Ford has reported a record profit in Q1 of 2016 following strong sales in Europe and moving more pick-up trucks and SUVs in North America.

The automaker’s profits for Q1 rose to $3.8 billion, compared with $2.1 billion for the same period in 2015.

The stronger performance in Europe helped Ford to outpace Detroit rival General Motors.

Ford CEO Mark Fields said the company had an “absolutely terrific start to the year”.

Shares rose 3.2% in New York, but are still 11% lower than this time last year.Ford profits Q1 2015

The company’s European business made a pretax profit of $434 million in Q1 2016 – higher than the total for all of last year – and substantially better than a $42m loss for the same period in 2015.

By comparison GM made a $6 million loss in Europe during the first quarter of 2016, better than the $239 million loss in 2015.

Ford remained the region’s best-selling commercial vehicle brand, reflecting the popularity of the Transit and Ranger lineups.

In North America, the automaker’s F-150 trucks and SUVs were a major contributor to the company’s profit growth.

Pretax profit in North America rose to $3.1 billion, outpacing GM’s $2.3 billion and more than double the $1.5 billion for Q1 of 2015.

Earlier this month the automaker said it had set up a new subsidiary, Ford Smart Mobility, in a bid to combat growing competition from the technology sector.

Ford has been investing in driverless cars and earlier this year tested a self-driving vehicle in the snow.

Amazon Profit Hits $513 Million in Q1 2016

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Amazon’s profit surged to $513 million in Q1 of 2016, helped by a 28% jump in sales.

The company’s sales hit $29.1 billion for Q1 of 2016, helped by rising sales of its Kindle reading devices and Fire tablet computers.

Both sales and profits were higher than analysts had been expecting and Amazon shares jumped in after hours trading.

Amazon reported strong growth in customers for its Prime service, which includes free delivery and TV shows.

The results were a positive sign for investors who had been rattled by disappointing earnings from Apple and Microsoft.Amazon Prime Air drone testing

Amazon’s cloud services unit was an important source of sales growth.

The cloud business rents data storage space and software services to companies, and is Amazon’s fastest growing unit.

Amazon’s revenue rose 64% year-over-year, reaching $2.5 billion.

Investors have been watching Amazon’s cloud operation closely, particularly after one of its biggest customers, Apple, announced it would be moving some of its business elsewhere.

Since the start of 2016 Amazon has added new televisions shows and films to its Prime service, which helped to attract new users.

In April, the company introduced options to pay monthly for the service.

The plan is part of an effort to compete with video streaming services like Netflix and Hulu.

Amazon also attributed the increased number of Prime members to the expanded list of products eligible for free two-day shipping.

It did not detail sales of devices like the Kindle and Fire table, but did say that the division has seen growth.

“Amazon devices are the top selling products on Amazon, and customers purchased more than twice as many Fire tablets than first quarter last year,” CEO Jeff Bezos said.

Giants Club Summit 2016: African Leaders Gather to Save Elephants from Extinction

The Giants Club is holding its inaugural summit in Laikipia, Kenya, from April 29 to April 30, to discuss how to save Africa’s elephants from extinction.

The exclusive forum brings together African Heads of State, global business leaders and elephant protection experts to secure Africa’s remaining elephant populations and the landscapes they depend on.

The summit will be led by the Kenyan President Uhuru Kenyatta.

As well as heads of state, the conservation group will bring together business leaders and scientists.First Giants Club summit 2016

The Giants Club was founded by President Uhuru Kenyatta with the presidents of Botswana, Gabon, Kenya and Uganda, with support from Space for Giants and its patron, Evgeny Lebedev, the owner of The Independent and London Evening Standard newspapers. The body was formed to combat the poaching crisis by bringing together visionary leaders who can work together to provide the political will, financial resources and technical capacity required to protect Africa’s remaining elephant populations.

The summit is to be staged at Mount Kenya Safari Club. Delegates will also be invited to visit local conservation projects to see practical examples of Kenya’s leadership in the area of wildlife protection. Attendance is by invitation only.

According to experts, Africa’s elephant population has fallen by 90% over the past century. They warn that the animal could be extinct within decades.

After the summit, Kenya will set fire to nearly its entire confiscated stock of ivory, 105 tonnes, equivalent to the tusks of more than 6,700 elephants.

The ivory has been piled into a dozen giant pyres, which will be lit by dignitaries at the summit.

The mass burning on April 30 will be seven times the size of any stockpile destruction so far, and represents about 5% of global ivory stores.

Some 1.35 tonnes of rhino horn will also be burned.

The street value of the ivory destroyed is estimated at more than $100 million, and the rhino horn at $80 million.

Kitili Mbathi, director general of the Kenya Wildlife Service (KWS), said: “We don’t believe there is any intrinsic value in ivory, and therefore we’re going to burn all our stockpiles and demonstrate to the world that ivory is only valuable on elephants.”

Africa is home to between 450,000 to 500,000 elephants, but more than 30,000 are killed every year for their tusks.

List of Foreigners Detained in North Korea

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Kim Dong-chul, a 62-year-old naturalized US citizen born in South Korea, was sentenced to 10 years of hard labor in April 2016 for spying.

Otto Frederick Warmbier, a US student who was sentenced to 15 years of hard labor in March 2016 for trying to steal a propaganda sign from a hotel and “crimes against the state”.

Hyeon Soo Lim, a Canadian Christian pastor of South Korean origin, was sentenced to a life term of hard labor in December 2015, also for “crimes against the state”.Foreigners detained in North Korea

Sandra Suh, an American aid worker, was arrested then expelled in April 2015, accused of gathering and producing anti-North Korea propaganda.

Matthew Todd Miller, an American citizen who was sentenced to 6 years of hard labor in September 2014 for what North Korean state media described as “hostile acts”, but was released in November 2014.

Kenneth Bae, a Korean-American Evangelical Christian Missionary who was arrested in November 2012 and accused of using his tourism business to form groups to overthrow the North Korean government. He was sentenced to 15 years of hard labor in May 2013 but was released along with Matthew Todd Miller.

Jeffrey Edward Fowle, an American citizen was detained for five months and charged with “anti-state” crimes. He was released in October 2014.

Merrill Newman, a Korean War veteran who was held in October 2013 on charges of “hostile acts”. He was released in December 2013.

Kim Dong-chul: North Korea Sentences American Citizen to 10 Years of Hard Labor

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US citizen Kim Dong-chul has been sentenced to 10 years of hard labor in North Korea.

Kim Dong-chul, who was born in South Korea, was arrested in October 2015 after being accused of spying.

In March, the 62-year-old had made an apparent confession in Pyongyang in front of reporters, saying he was paid by South Korean intelligence officers.

The US has previously accused North Korea of using its citizens as pawns in a diplomatic game. The North Korean government denies the accusations.

Last month, US student Otto Frederick Warmbier was jailed for 15 years for stealing a propaganda sign and “crimes against the state”.Kim Dong chul sentence North Korea

North Korea has previously said Kim Dong-chul had a USB stick containing military and nuclear secrets on him when he was arrested in the special economic zone of Rason.

Kim Dong-chul, who used to live in Virginia, had said he was introduced to South Korean spies by US intelligence officers.

Forced public confessions by foreign prisoners are common in North Korea.

Kim Dong-chul’s imprisonment comes amid a period of high tensions. North Korea has recently conducted a series of missile tests following its fourth nuclear test in January, both of which break UN sanctions.

Pyongyang attempted to launch two mid-range ballistic missiles on April 28 which crashed shortly after their launches, prompting an emergency meeting of the UN Security Council.

It is believed North Korea will attempt a fifth nuclear test soon.

The recent burst in activity is thought to be a ramp-up to a rare party congress due to be held on May 6, where leader Kim Jong-un is expected to consolidate power.

US Economy Slows to a Pace of 0.5% in Q1 2016

According to new figures, the US economic growth slowed to an annual pace of 0.5% in Q1 of 2016.

That was a sharp fall from the 1.4% rate of growth in Q4 of 2015 and the slowest pace in two years.

The slowdown, which was bigger than most economists forecast, has been blamed on a fall in domestic demand and a strong dollar that has put a brake on exports.

Photo Getty Images
Photo Getty Images

With shoppers buying less, businesses have been reluctant to order new stock.

Consumer spending, which accounts for more than two-thirds of the US economy, increased at a rate of 1.9%, down from 2.4% in the previous quarter.

Business investment fell by 5.9% – the biggest quarterly decline since the depths of the financial crisis in 2009.

Oil and gas exploration fell by a record 86% as energy companies cut back on spending following the dramatic slide in oil prices.

Although cheaper oil has given consumers more spare cash, it has also cut the profits of businesses dependent on the oil industry.

Despite the economy slowing, unemployment fell below 5% in January, and April 29 jobs report is expected to show steady growth in employment numbers.

On April 28, the Federal Reserve said that “labor market conditions have improved further even as growth in economic activity appears to have slowed”.

Lego Admits Internal Mistake in Rejecting Ai Weiwei’s Bulk Order

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Lego has admitted its decision to reject Ai Weiwei’s request for a bulk order of its bricks in 2015 was a “mistake”.

Vice-Chairman Kirk Kristiansen told The Wall Street Journal an employee had misinterpreted the company’s policy on political neutrality.

In October 2015, the Chinese artist said his request was declined because Lego considered his planned exhibition to be too political.

Ai Weiwei is known for criticism of the Chinese government.

“It was an internal mistake,” Kirk Kristiansen said.Lego and Ai Weiwei controversy

He said the decision had been made “very low in the organization by our consumer service department”, and that Lego’s board had not been involved at the time.

Kirk Kristiansen’s son and successor Thomas added: “It is a typical example of what can go wrong in a big company.”

Lego’s refusal to provide bricks for Ai Weiwei’s artwork on political dissidents prompted people around the world to donate bricks at “Lego collection points” set up in different cities.

Ai Weiwei ended up making a new series of artworks based on the incident as a commentary on freedom of speech and political art.

In January 2016, Lego decided to stop asking bulk customers what they wanted to do with the bricks.

It said such customers should instead make clear that Lego does not endorse works shown in public.

The artist said Lego’s U-turn was a victory for freedom of speech.

Ai Weiwei also appeared to react to Lego’s decision by posting a picture on Instagram of a young boy sticking bricks onto his face, accompanied by a grinning emoji caption.

Prince Death: Police Ask for Drug Enforcement Administration’s Help

Minnesota authorities investigating Prince’s death are requesting assistance from the Drug Enforcement Administration (DEA).

Police found prescription painkillers in Prince’s possession following his sudden death in Minneapolis on April 21, NBC News reported.

Officials have yet to say what role, if any, those drugs may have played.

Photo Instagram
Photo Instagram

Last week’s autopsy discounted suicide – but a medical examiner said full results could take several weeks.

Prince Nelson Rogers, 57, was found dead in a lift on his Paisley Park estate.

Sheriff Jim Olson said there was no sign of trauma on Prince’s body, suggesting the singer had died alone.

The DEA will be working to “determine such things as where the medications came from, and what prescriptions Prince had obtained,” NBC reported.

There have been suggestions Prince was addicted to the painkiller Percocet, which he had been taking since 2009 to relieve hip pain.

The singers former percussionist, Sheila E, told the news agency Prince had suffered the effects of years of jumping off speakers on stage while wearing high heels.

However, claims of drug dependency have been refuted by Prince’s long-time lawyer, L Londell McMillan.

Although he admitted that Prince may have taken pills to manage pain, the lawyer said the musician was “not on any drugs that would be any cause for concern”.

https://www.youtube.com/watch?v=34A3pBAC748

Bank of Japan Keeps Interest Rates Unchanged

Japan stock market traded low as the yen surged after the Bank of Japan decided against any extra monetary easing.

The Bank of Japan (BoJ) kept interest rates unchanged despite coming under pressure to take further action.

The central bank had introduced negative rates in January but this failed to provide a much needed boost for the economy.Bank of Japan QE decision 2015

The Nikkei 225 index finished 3.6% lower at 16,666.05. New economic data also showed a slip back into deflation while industrial production expanded.

Japan has for years been trying to boost its economy and end a period of stifling deflation.

One way to try to achieve this is by monetary policy, which is one of PM Shinzo Abe’s three key “Abenomics” policies to turn around the economy.

However, even negative rates – meaning commercial banks will be charged if they deposit money with the central bank – have not trickled down to get banks to lend more and companies and people to invest or spend more.

Inflation is still far off the 2% target.

The BoJ’s decision to hold rates also sent the yen currency soaring, which is likely to have a negative effect on the crucial export sector.

The yen rose nearly 2% against the dollar, with one dollar worth 109.33 yen.

How To Stand Out From The Crowd When Applying For A Job In 2016

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In this day and age, competition for jobs is fierce. It’s never been more important to stand out from the crowd. If you’re looking for a new job, or you’re hoping to secure a promotion, here are some tips to set you apart.

resume

Image from https://www.flickr.com/photos/124247024@N07/14066879786

Creating a resume

Your CV, or resume, is incredibly important. This short summary is often the first opportunity you get to impress a potential employer. It could make the difference between getting an interview or having your application thrown on the ‘no’ pile. When creating your resume, it’s essential to sell yourself to the best of your ability. List your achievements. Include all the information, which may distinguish you from other candidates. In the employment section, mention only relevant roles. You don’t need to note down every job you’ve ever had. Try and be original, but don’t stray too far from tried and tested formulas. For ideas of how to format your resume, check out http://www.forbes.com/pictures/mkl45eejl/tips-for-creating-the-best-possible-resume/.

Selling yourself

Often, when you apply for a job, you’ll be competing against people with the same qualifications, so it’s vital to show off other skills. Encourage your employer to invest in your potential and show off your passion. Use your experience and training to demonstrate your capability and your ability to learn. In the modern age, it’s beneficial to look to the future and keep ahead of the crowd. Tailor your application to suit the role. If you’re looking for a job in business development, for example, showcase your talents in this field. Training in areas such as digital marketing and cloud computing may be particularly appealing. Are you interested in expanding your skill set to make your application more enticing to prospective recruiters? If so, check out sites like http://www.simplilearn.com/virtualization-and-cloud-computing/exin-cloud-computing-certification-training.

Interview tips

An interview is a fantastic opportunity to show off your personality. This is your chance to try and convince potential employers that you are the best candidate for the job. Always make sure you prepare for an interview. Read up on the company, and learn about the role. Note down some questions to ask the panel and try and predict what they may ask you. If you’re doing a presentation, rehearse it several times, and make sure you have all the facts and figures nailed down. Speak clearly and confidently, and maintain eye contact.

It is essential to create a positive first impression when you go for an interview. Dress smartly, and ensure you feel comfortable. Make an effort to wash and style your hair, and pay attention to detail. Polish your shoes, and iron your outfit the night before. Make sure you arrive in plenty of time to give you chance to go through your presentation, and get yourself mentally prepared. Most of us feel nervous before an interview or an important meeting. Try and stay as calm as possible, and take deep breaths. Take your time when you are speaking, and think about your answers before you respond to questions.

business-men

Image from https://www.flickr.com/photos/89228431@N06/11220931254

In 2016, it can be difficult to stand out from the crowd. If you’re applying for jobs, take these tips on board. Hopefully, you’ll catch an employer’s attention and ensure that they remember you for all the right reasons.  

Red Dragon: Elon Musk Plans Mars Landing by 2018

SpaceX’s Elon Musk has announced he is planning to send his Dragon spacecraft to Mars by 2018.

The billionaire has long targeted a trip to Mars and has previously said he can get humans to the red planet by 2026.

SpaceX is planning “Red Dragon” missions to Mars to test technology for bigger missions.

In a tweet, Elon Musk said that its Dragon 2 spacecraft is “designed to be able to land anywhere in the solar system”.

Photo PANews
Photo PANews

However, Elon Musk “wouldn’t recommend transporting astronauts beyond Earth-moon region” as the internal area of the spacecraft is only the size of a large car.

“Wouldn’t be fun for longer journeys,” he said in a tweet.

SpaceX has been developing rockets and has a $1.6 billion contract with NASA to supply the International Space Station (ISS).

On April 27, the company won an $83 million contract from the US Air Force to launch a satellite for GPS navigation services.

It is a significant win for SpaceX as, for the last decade, Lockheed Martin and Boeing have been supplying space launches for the military.

In December 2015, SpaceX had another breakthrough, landing its Falcon-9 unmanned rocket upright.

That was an important development in its plan to cut the cost of space launches by re-using rockets.