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Ammon Bundy: Oregon Militia Group Leader Arrested

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Ammon Bundy, the leader of an armed militia which has occupied a wildlife refuge in Oregon, has been arrested, police say.

One person has been killed in the shootout.

Ammon Bundy and four others were arrested during a traffic stop. One person was injured. Three others were held in separate incidents.

The militia occupied the refuge on January 2 to support two ranchers jailed for setting fire to federal land.

They say the government has taken land illegally from ranchers for decades.

Other members of the group were reportedly still at the Malheur National Wildlife Refuge in eastern Oregon, where the FBI was setting up a perimeter.

FBI officials said in a statement that Ammon Bundy, 40, was arrested in a traffic stop on Highway 395 along with his brother Ryan Bundy, 43, Bryan Cavalier, 44, Shawna Cox, 59, and Ryan Walen Payne, 32.

Two other activists connected to the group, Joseph Donald O’Shaughnessy, 45, and Peter Santilli, 50, were later arrested, separately, in Burns, Oregon.

According to the FBI, each of the defendants faces a charge of conspiracy to impede police from discharging their official duties through the use of force, intimidation, or threats.Ammon Bundy arrested January 2015

According to The Oregonian newspaper, Ammon Bundy was en route to a community meeting in John Day, Oregon, where he was scheduled to be a guest speaker, when authorities stopped his vehicle.

According to the newspaper, Ryan Bundy was injured in the arrest, suffering a minor gunshot wound. Authorities did not release the identity of the person killed.

However, local media named the man as Arizona native Robert “LaVoy” Finicum, a regular spokesman for the group.

His daughter, Arianna Finicum Brown, told The Oregonian he was a “good, good man, through and through”.

Some 25 miles of Highway 395 was shut in both directions following the incident, local officials said.

Another occupier of the refuge, Jon Eric Ritzheimer, 32, surrendered to police in Arizona on January 26.

In October 2015, a federal judge ruled the sentences on two Oregon ranchers, Dwight and Steven Hammond, for burning federal land were too short and jailed them for about four years each.

Angered by the ruling, Nevada native Ammon Bundy began a social media campaign backing them and travelled to Burns, Oregon, organizing meetings.

Ammon Bundy’s group attracted supporters from across a number of states and he called it Citizens for Constitutional Freedom. On January 2, the armed militiamen took over the Malheur National Wildlife Refuge – and widened the range of demands.

It is an extension of the Sagebrush Revolution of the 1970s and 1980s that demanded the transfer of federal land in many western states to local control.

Ammon Bundy’s own father – a Nevada rancher – had been involved in a protest over cattle-grazing rights in 2014. One policy is to try to persuade ranchers to tear up their federal grazing contracts.

Although many local residents are sympathetic with its cause, many also oppose the occupation of the refuge. Even the local ranchers who are serving the longer sentences distanced themselves from the militia.

The militia term has a complex history and generally refers to those outside the official military who can be called on in times of need. The US Constitution refers to the president having command of “militia of several states” and that Congress “can call forth militia” to tackle insurrection and invasion.

Those who form such militias cite the constitution and various references in federal and state law as granting them legality.

https://www.youtube.com/watch?v=xZBvVgtHmoI

John Kerry Urges New Sanctions on North Korea after Nuclear Test

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The United States and China say a new UN resolution against North Korea is needed, following Pyongyang’s claim that it had successfully tested a hydrogen bomb earlier this month.

Secretary of State John Kerry, who is in Beijing for talks, called North Korea’s nuclear ambitions a “threat to the world” and urged new sanctions.

However, his Chinese counterpart Wang Yi suggested China would not support any sanctions.

China is North Korea’s main ally, but has condemned Pyongyang’s nuclear test.

On January 6, a 5.1 magnitude tremor was detected in North Korea – which said it had successfully conducted an underground hydrogen bomb test.

However, nuclear experts questioned North Korea’s claim, saying the size of the blast was not large enough to have been from an H-bomb.

Speaking on January 27 after talks with Wang Yi, John Kerry said that both sides agreed on the need for a “strong” resolution against North Korea, and said that limiting the trade of goods and services across China’s border with North Korea was one potential measure.

However, Wang Yi said that while China supported the need for a new resolution, it “should not provoke new tension in the situation, still less destabilize the Korean peninsula”.John Kerry in China 2016

“Sanctions are not an end in themselves,” he added.

China is Pyongyang’s biggest trading partner, and major ally – although relations have cooled since Kim Jong-un succeeded his father.

Nonetheless, experts say China is wary of destabilizing North Korea, fearing that millions of North Korean refugees could pour across China’s borders if the regime collapsed.

The two sides also discussed the disputed South China Sea, where China has multiple competing territorial claims with other countries.

China has angered several neighbors by constructing artificial islands on claimed reefs, and building runways and other facilities on them.

John Kerry called on China to stop construction and land reclamation in disputed areas.

However, Beijing said such activity was within its legal rights to protect its territorial sovereignty.

John Kerry, who will also meet China’s State Councilor Yang Jiechi and President Xi Jinping, is on an Asia tour that has included Laos and Cambodia.

https://www.youtube.com/watch?v=cmgiN0Ea6CI

Oklahoma Supreme Court Makes Landmark Ruling on Same-Sex Parenting Issue

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In June of 2015, when the U.S. Supreme Court struck down same-sex marriage bans as unconstitutional, everybody knew the ruling would make waves in other realms of the law. One such area is child custody.

In 2014, Charlene Ramey separated from her same sex partner, Kimberly Sutton, and filed for parental rights and custody of their son. Shortly after Ramey submitted her petition, Sutton asked district Judge Howard Haralson to dismiss the case. Haralson granted the dismissal but Ramey was persistent and brought her case all the way to the state Supreme Court.

This is the court’s decision: Ramey’s relationship with the child was more than that of a nanny, friend or even a family member like an aunt or cousin. “On the contrary” wrote Justice Joseph Watt, “Ramey has been intimately involved in the conception, birth and parenting of their child, at the request and invitation of Sutton.

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He added: “Ramey has stood in the most sacred role as parent to their child and always has been referred to as ‘mom’ by their child. The community, school, medical providers and extended family have all known Ramey as ‘the other parent’ all with the knowledge and mutual agreement of Sutton.”

Andrew J. Stephenson, a child custody lawyer, had this to say on the subject: “With this landmark US Supreme court ruling, the lower courts must take issues regarding same sex parenting more seriously and really focus on what’s best for the child. I believe the Oklahoma Supreme Court definitely made the correct decision, one that no doubt set a precedent for future cases.

In the majority opinion, Watt continues: “In a separate, concurring opinion Justices James Winchester and Steven Taylor said the agreement between Ramey and Sutton to conceive and care for a child must also be considered. The court must first determine standing based on [an] agreement of the parties. Then and only then is best interest considered to determine custody or visitation.

The Supreme Court’s ruling overturned the district court’s decision to dismiss Ramey’s case. She now has legal standing to continue to play a role in parenting her son.

The Oklahoma chapter of the American Civil Liberties Union (ACLU) had worked on the case with Ramey’s lawyer, Rhonda Telford Naidu, as they appealed the lower court’s rejection up through the state’s higher courts.

“I’m really proud of the Oklahoma Supreme Court for giving this case its day in court,” says Troy Stevenson, the executive director of Freedom Oklahoma, an LGBT rights organization. “The worst thing I can imagine is for a child to be ripped away from its mother.

As for Ramey, well, she just seems happy to be able to call her son hers. “Today is an overwhelming day of emotion and joy,” she said hours after the ruling. “Today is relief. Today, our great state [of Oklahoma] recognized that I have been nothing but true as a mom to my son and our relationship. Today starts another chapter of hope. I love you, son.

Donald Trump To Boycott Final Republican Debate before Iowa Caucuses

Donald Trump has announced he will boycott the final Republican presidential debate before the Iowa caucuses.

The Republican presidential hopeful accused Fox News debate moderator Megyn Kelly, whom he has clashed with in the past, of being a “lightweight”.

The unexpected move prompted his closest rival, Senator Ted Cruz, to challenge him to a one-on-one debate.

Donald Trump’s campaign manager announced the decision on January 26, with just 48 hours to go before the debate.

Corey Lewandowski said immediately after the press conference: “He will not be participating in the Fox News debate Thursday.”

The announcement followed a press conference in which Donald Trump lashed out at Megyn Kelly, claiming she had been “toying” with him.

Donald Trump said he intended to hold a separate Iowa event at the same time as the debate to raise money for wounded veterans. Iowa hosts the nation’s opening presidential primary contest on February 1.Donald Trump boycotts final Republican debate

“With me, they’re dealing with somebody that’s a little bit different,” he said.

“They can’t toy with me like they toy with everybody else. Let them have their debate and let’s see how they do with the ratings.”

On Tuesday night’s airing of her Fox News show, The Kelly File, Megyn Kelly said the debate would “go on with or without Mr. Trump”.

A Fox News spokesperson said Donald Trump was still welcome to participate in the debate but would not be allowed to “dictate the moderators or the questions”.

The Republican National Committee (RNC) said the decision was up to Donald Trump.

“Obviously we would love all of the candidates to participate, but each campaign ultimately makes their own decision what’s in their best interest,” said RNC chief strategist Sean Spicer.

Donald Trump had added an element of unpredictability to the Republican contest, and helped generate big ratings in the previous six Republican presidential debates.

His decision leaves seven other candidates in the debate: Texas Senator Ted Cruz, Florida Senator Marco Rubio, retired neurosurgeon Ben Carson, former Florida Governor Jeb Bush, New Jersey Governor Chris Christie, Ohio Governor John Kasich and Kentucky Senator Rand Paul.

Donald Trump, who is in a tight race with Ted Cruz, has garnered media attention with provocative actions and statements, including a call for a temporary ban on all Muslims entering the United States.

Apple Reports Slowest Growth in iPhone Sales since 2007

Tech giant Apple has reported the slowest growth in iPhone sales since the product’s 2007 launch.

It also warned iPhone sales will fall for the first time later this year.

Apple sold 74.8 million iPhones in its fiscal first quarter, compared with 74.5 million a year ago.

The company said revenue for the next quarter would be between $50 billion (€46 billion) and $53 billion, below the $58 billion it reported for the same period a year ago.

This would mark Apple’s first fall in revenues since it launched the iPhone.

Despite first-quarter iPhone sales being below the 75 million expected by analysts, it was still a record quarter for the company.

Apple revenue in the three months to December 26 was $75.9 billion and net profit was $18.4 billion, both of which are the highest ever recorded by the company.

Sales of iPhones accounted for 68% of the company’s revenue in the period.

Photo AP
Photo AP

Apple CEO Tim Cook credited “all-time record sales of iPhone, Apple Watch and Apple TV” for the performance.

However, CFO Luca Maestri said the company was operating in “a very difficult macroeconomic environment”.

He added that “iPhone units will decline in the quarter” and that Apple was not projecting beyond those three months.

Luca Maestri partly blamed the strong US dollar for Apple’s flat sales, estimating it had knocked $5 billion off the company’s revenues.

Apple’s sales in Greater China – defined by the company as China, Hong Kong and Taiwan – rose 14%, but that was much slower than the 70% increase a year ago.

Luca Maestri said the softness in China was “something that we have not seen before”, Reuters reported.

China accounts for almost a quarter of Apple’s sales, more than all of Europe combined.

The profitability of Apple’s business improved, with gross margin – or how much the company makes per product – increasing to 40.1%.

Speaking to analysts, Tim Cook said Apple had “the mother of all balance sheets” and that its financial position had never been stronger.

Apple’s shares were down 2.7% in after hours trading at $97.28.

https://www.youtube.com/watch?v=hzZszrNSMyI

Israel Accuses Turkey of Buying Oil from ISIS

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Israel has accused Turkey of buying oil from ISIS, thereby funding the militants’ activities.

Speaking in Athens, Israel’s Defense Minister Moshe Yaalon said ISIS had “enjoyed Turkish money for oil for a very, very long period of time”.

Turkey denies permitting ISIS smuggling, and the US recently rejected Russian allegations that Turkish government officials were in league the militants.

ISIS has captured swathes of Syria and Iraq, including operational oil fields.

Moshe Yaalon told reporters after a meeting with his Greek counterpart: “It’s up to Turkey, the Turkish government, the Turkish leadership, to decide whether they want to be part of any kind of cooperation to fight terrorism.

“This is not the case so far. As you know, Daesh [Islamic State] enjoyed Turkish money for oil for a very, very long period of time. I hope that it will be ended.”Moshe Yaalon on Turkey and ISIS

Moshe Yaalon also alleged that Turkey had “permitted jihadists to move from Europe to Syria and Iraq and back”.

US state department officials last month rejected Russian allegations of Turkish government involvement but a state department spokesman said IS oil was being smuggled into Turkey via middlemen.

Efforts by Israel and Turkey to repair damaged ties already hit a setback this month over demands for compensation for the deaths of 10 Turkish activists on an aid ship in 2010.

The Israeli navy had raided a flotilla of ships trying to break Israel’s blockade of Gaza.

Senior Israeli and Turkish officials met in December to try to repair relations, raising hopes of progress in negotiations to import Israeli natural gas.

Democratic Debate 2016: Bernie Sanders vs. Hillary Clinton

Bernie Sanders has said his judgement is as important as the experience of his rival Hillary Clinton.

During the last Democratic debate in Iowa a week before the selection process begins, Bernie Sanders also admitted that he would raise taxes if he won, adding some families would still be better off.

Hillary Clinton once had a comfortable opinion poll lead in the state.

Bernie Sanders and Hillary Clinton are now running neck-and-neck. Martin O’Malley is a distant third.

Republican presidential hopefuls Donald Trump and Texas Senator Ted Cruz have a clear lead over five other candidates seeking the GOP nomination.

During the CNN’s televised debate in Des Moines, Iowa, at which the three candidates appeared separately, Hillary Clinton praised the “poetry” of Senator Bernie Sanders’ campaign but said the country was “governed in prose”.

Photo Getty Images
Photo Getty Images

Her critics “throw all this stuff at me – and I’m still standing”, she said.

The Vermont senator, who has energized young voters with his call for a political revolution, repeated his pledge to “take on the greed of corporate America”.

Bernie Sanders contrasted his own commitment to a “Medicare-for-all” program and free public university tuition to Hillary Clinton’s vote to authorize the Iraq war and early support for the controversial Canada to Texas Keystone pipeline.

Hillary Clinton highlighted her “40-year record in going after inequality” and suggested Bernie Sanders was ill-equipped to face the tough challenge of being president.

She also said she was “really touched and gratified” to see comments from President Barack Obama in a Politico interview, in which he called her “wicked smart” and suggested Bernie Sanders benefited from “the luxury of being a complete long shot”.

Barack Obama has not endorsed any candidate and the Sanders campaign has applauded his “even-handedness” throughout the campaign.

Martin O’Malley, meanwhile, was cheered when he cited climate change as the issue young Americans should be most concerned about.

https://www.youtube.com/watch?v=-Wm80GRR9vw

Simple Ways to Save Money for your Business

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Sometimes, it’s important to make sure your budget is being spent effectively. If you’re not checking that you’re spending only on things you need, you’ll waste money. Saving money in business is important. Providing you save in the right ways on the right things, that is! Here are some simple ways to save money for your business.

Cut Back on Paper and Ink

Cutting back on paper and ink is one major way businesses can save money. If you look at all of the paper and ink you use, you might be surprised. You can probably cut back on lots of paper and ink. Maybe you can send an email rather than a fax. Maybe you can avoid printing things out. You can also buy specially recycled paper and ink for times when you really do need to print. Go paperless where you can!

Be as Eco-friendly as Possible

Be as eco-friendly as possible and you’ll save a ton of money for your business. You can start by switching things off properly when you leave the office. Leaving lots of equipment on stand by will cost you! You can also start making the most of natural light, rather than having the lights on all of the time. Make the effort to recycle and save on things like water too!

Make Sure You Brief Your Employees

Briefing your employees is an essential step to make sure you’re all on the same page. They should all want to save money and become more eco friendly like you do. If anybody isn’t playing ball, it could be costing you more than you think. Put up some friendly rules on a noticeboard to make sure everybody knows what they should be doing.

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Work to Keep Good Employees

If you end up hiring really great employees, you need to work to keep them. Losing them could cost you more money in the long run when you consider training up a new employee, and even then they might not be as good as the employee that you’ve lost. Make sure you treat them right to encourage them to stay with you for longer.

Outsource

You can outsource so many services. SEO, IT support, content creation, and so much more.

Do a Little Marketing Yourself

You will want to work with a marketing company to get your name out there, but there are small things you can do yourself. Things like creating business cards, working with charities, and writing blog posts. You can also learn different techniques if you have the time. Bear in mind that cutting back in areas like this could also cost you in the long run!

Go Without

Ask yourself: do we really need this? Before purchasing something for the office. Maybe you don’t all need brand spanking new mac computers to get the job done.

Keep Up With Accounting

Keeping up with your accounting is so important! Make sure you have a trustworthy accountant on board.

These simple tips should help you to save quite a bit of money in business. Remember, you should only try to save money in certain areas – be prepared to spend where it matters. Thanks for reading!  

Zika Outbreak: Brazil to Use Army Against Virus

Brazil will deploy 220,000 troops in its fight against mosquitoes spreading the Zika virus.

The troops will go from home to home handing out leaflets on how to avoid the spread of Zika, which has been linked to thousands of babies being born with underdeveloped brains.

The announcement came after Brazil’s Health Minister Marcelo Castro said the country was “losing badly” in its fight against the virus.

No treatment or vaccine is available.

Marcelo Castro said the troops would be sent out on February 13 to hand out leaflets and give advice on how to eradicate mosquito breeding grounds.

The health minister told O Globo newspaper that the spread of the Zika virus was one of the greatest public health crises in Brazilian history.

The fight against Zika could only be won if people did their bit to eradicate the Aedes Aegypti mosquito which transmits it, Marcelo Castro said.Zika outbreak Brazil 2016

He added that the mosquito, which also transmits dengue, chikungunya and yellow fever, was Brazil’s “public enemy number one”.

“Last year we had the highest number of dengue cases in the history of Brazil,” Marcelo Castro said.

“We’re losing badly in the battle against the mosquito.”

The World Health Organization (WHO) warned on January 25 that the Zika virus was likely to spread across nearly all of the Americas.

Symptoms include mild fever, conjunctivitis and headache and the virus has already been found in 21 countries in the Caribbean, North and South America.

However, what the authorities are most worried about is the damage the virus can potentially cause babies in the womb.

Brazil has recorded a huge spike in cases of babies born with microcephaly and a number of Central and South American nations have asked women to delay pregnancy.

There have been 3,893 reported cases of microcephaly in Brazil since October compared with the previous annual average of just 160 cases.

Europe Shares Cut Losses as Oil Price Rises Back above $30 a Barrel

Europe’s stock markets have cut their losses after oil rose back above $30 a barrel, despite another slide in Asia on January 26.

London’s FTSE 100 was down 0.5% at 5,847.5 points, with declines of about 0.4% in both Frankfurt and Paris.

Shanghai tumbled 6.4% to its lowest close since December 2014, while the Hang Seng in Hong Kong fell 2.4%.

Brent crude rose 1.2% to $30.87 a barrel, reversing earlier falls, while US oil was up 1% at $30.63.

Stock markets have made the rockiest start to the year in recent memory as worries over the economic strength of China- considered for years the engine of world economic growth – have intensified.Europe stock markets January 26

Other investment prices have been buffeted by falling confidence.

Although China is still growing the pace is slowing, and as demand for key industrial products such as oil and iron ore slips back, so do their prices.

Oil prices were hit again earlier on January 26 by figures from China showing annual rail freight volume – a key economic indicator – fell 11.9% last year, compared with a decline of 3.9% in 2014.

The Shanghai index has already fallen about 17% this year.

On the FTSE 100, among the top risers were Randgold Resources and Fresnillo.

Gold rallied to its highest level since November at $1,112.86 an ounce. The safe-haven commodity has risen nearly 5% this year, after sliding more than 10% in 2015.

The US Federal Reserve’s rate-setting committee starts a two-day policy meeting on January 26 and is not expected to make any change.

Meanwhile, Chinese state media have warned billionaire investor George Soros against betting on falls in the yuan or the Hong Kong dollar.

George Soros, who made more than $1 billion from shorting sterling in 1992, has said he was betting against the S&P 500, commodity-producing countries and Asian currencies, although he has not specifically mentioned the yuan or Hong Kong dollar.

China’s central bank has been making plenty of liquidity available to the banking system to avoid any cash squeeze ahead of the long Lunar New Year holiday early next month.

Traders said that the bank would inject 440 billion yuan into the money markets, the biggest daily injection in three years.

Peter Dahlin: Swedish Activist Released in China

Swedish activist Peter Dahlin, who was detained in China on charges of damaging national security, has been released and deported.

The 35-year-old has been held since early January amid a crackdown on human rights lawyers and activists.

Last week Peter Dahlin appeared on state media apparently confessing to breaking the law through his organization’s support of local Chinese rights lawyers.

The Swedish embassy confirmed Peter Dahlin had left China but gave no further details.

Sweden’s foreign minister welcomed Peter Dahlin’s release, but expressed concern about another Swede in Chinese detention.Swedish activist Peter Dahlin China

More than 280 lawyers, legal assistants and associates were detained in a seemingly orchestrated government campaign last year – most have since been freed, but others now face trial while the whereabouts of others are still unknown.

Such moves contradict China’s implementation of reforms explicitly aimed at strengthening the rule of law, say correspondents.

Peter Dahlin is the founder of Chinese Urgent Action Working Group (China Action), which describes itself as a legal aid organization.

It provides assistance to uncertified “barefoot” lawyers who provide legal aid in rural areas, and provides direct help to disadvantaged groups and individuals who have experienced rights violations.

The group had said Peter Dahlin was detained on 4 January while en route to the airport for a flight to Thailand.

Last week, in a report on state television, Peter Dahlin appeared to confess to helping the Beijing law firm Fengrui – a number of the company’s lawyers have recently been charged with subversion.

Peter Dahlin said he had violated Chinese law, caused harm to the Chinese government and hurt the Chinese public.

China Action called the report “absurd” and said the confession appeared to be forced.

The group’s US-based co-founder Michael Caster tweeted that Peter Dahlin’s Chinese girlfriend, Pan Jinling, was also no longer in detention “but, contrary to some assertions, has not left the country”.

Sweden’s Foreign Minister Margot Wallstrom said she remained “greatly concerned” about the status of detained Swedish national Gui Minhai.

Gui Minhai is one of five people linked to a Hong Kong publishing house to disappear in recent months. He vanished while on holiday from Hong Kong in Thailand in October 2015.

He also appeared on Chinese TV earlier this month, saying he had voluntarily handed himself over to the authorities over a drink-driving fatality years ago.

The case has sparked protests in Hong Kong from those who believe they were kidnapped by China and are being held because of allegations in a book they were working on, critical of the mainland.

Margot Wallstrom said Sweden’s “efforts to get a clear picture of his situation and the possibility to visit him continue with undiminished force”.

Planned Parenthood Shooter Had Checkered Past

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On November 27, 2015, staff at the Planned Parenthood clinic in Colorado Springs, Colorado were forced to take cover after gunfire erupted outside their building. Over the course of the attack, a dozen people were shot. Three of the victims died, including one police officer and two civilians.

What kind of person could open fire on pregnant women, doctors, and police officers? A man with an exceptionally checkered past: 57-year-old Robert Lewis Dear.

According to reports from The Daily Beast, Dear had many previous run-ins with police, including accusations of domestic abuse, stalking, leering, and animal cruelty.

In 2002, Dear was arrested on “peeping tom” charges. His neighbor, Lynn Roberts, “noticed Mr. Dear in the bushes by their house.” The police report reads: “Since March 2002, he has been leering at Ms. Roberts on a regular basis.”

In 2003, he was arrested for animal cruelty, suspected of shooting his neighbor’s service dog. The police report for that incident reads: “His dog was walking down the driveway when a shot was fired from [a] residence next to his and [the] dog yelped out and ran over to him.” The dog had been shot with a BB gun, but luckily survived.

Dear wasn’t convicted on either charge.

Previous to those arrests, police responded to a domestic dispute between Dear and his wife, Pam. According to the police report, Dear “took her keys from her and locked her out of their residence.”

“The victim then walked around the residence to gain entry through a window,” it continues. “The victim entered the residence and the suspect then hit her and pushed her out the window.”

Mrs. Dear didn’t file any charges against her husband or take advantage of Colorado’s domestic violence laws. She did, however, indicate that she “wanted something on record of this incident occurring.” The report also notes that she had bruises on her body. Mrs. Dear told police she got the bruises when Mr. Dear pushed her in the chest.

In 2004, another complaint was lodged against Dear, this time by his neighbor. The police report says Dear “told him that he was going to do bodily harm to him because the suspect thought the victim pushed his motorcycle over on the ground.” This was the same neighbor whose dog was found shot near Dear’s house.

The report also notes:  “This is [an] ongoing problem between the victim and the suspect.”

Ozy Licano, who survived the shooting at the Colorado Spring Planned Parenthood center, described a terrifying moment when he encountered Dear as he was fleeing from the scene in his car. “He came out, and we looked each other in the eye, and he started aiming, and then he started shooting,” Licano told the Associated Press. “I saw two holes go right through my windshield as I was trying to quickly back up and he just kept shooting and I started bleeding. He was aiming for my head. It’s just weird to stare in the face of someone like that. And he didn’t win.”

Malaysia PM Najib Razak Cleared of Corruption

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Malaysian PM Najib Razak has been cleared of corruption in a long-running financial scandal that has gripped the country.

According to the attorney-general’s office, the $681 million that Najib Razak received in his bank account was a personal donation from the Saudi royal family.

Critics had alleged the money came from state-owned investment fund 1MDB.Najib Razak corruption

Najib Razak has consistently denied these accusations, but has faced pressure to resign over them.

Anti-corruption officials have previously said he received money as a gift from a foreign funder.

Attorney-General Mohamed Apandi Ali said in a press statement on January 26 that the amount was a “personal donation” from the royal family in Saudi Arabia, transferred between the end of March and early April 2013.

He added that anti-corruption officials had met witnesses including the person they identified as the donor to confirm it.

“I am satisfied that there is no evidence to show that the donation was a form of gratification given corruptly,” Mohamed Apandi Ali said, adding that evidence did not show the donation was used as an “inducement or reward” for Najib Razak to do anything in his capacity as prime minister.

Malaysia held its last general election in May 2013, which returned Najib Razak’s party to power but with one of its poorest showings on record.

The attorney general also said no criminal offence was committed by Najib Razak in relation to three other related investigations and that no further action would be taken.

https://www.youtube.com/watch?v=-kQSkD8zWlU

An Expert Guide To Health In The Workplace

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Health is an extremely important part of life. Everyone needs to ensure that they take care of themselves. Healthy people will live a lot longer than unhealthy people; it’s not rocket science. However, health isn’t just about eating well and living right. It’s not a topic only spoken about in gyms or fitness clubs. In fact, it’s a topic spoken about a lot in the business world.

Yes, you read that correctly. People in business will often speak about health. It may not seem as though these two things go hand in hand, but they do. Business owners are constantly concerned with health in the workplace. And, that’s what I’m going to talk about today. I’ve done the research and had a look at how health is dealt with in the workplace. What are business owners doing to ensure employees remain healthy? And, why is it important that they care about the health of their staff? These two questions will soon be answered, and things will be clearer to you.

health

(Image via Flickr: https://flic.kr/p/rRTDZ1)

Why Is Employee Health Important To Business Owners?

The first thing I had a look at was how employee health affected a business. It soon became clear to me that business owners valued the health of their staff massively. The simple truth is, having unhealthy staff can be a huge problem for a business owner. Why is this? Well, think about things from the viewpoint of the owner. If you own a company, you want all your employees to be working hard and doing their jobs to a high standard. For them to do this, they need to be in good health. The moment an employee becomes unhealthy or has health issues, it can impact their work. They may not work as well as they used to because their health is restricting them. Even if one employee starts having problems with their health, it can cause issues for the business. But, imagine if all your employees experienced health problems. It would leave your company in a horrible state. Productivity would be at an all time low, and you’d be struggling to make profits.

When I talk about unhealthy employees, what do I mean? I’m not necessarily speaking about people that eat badly and have lots of chocolates. It’s more to do with people not being in good health. They might have issues like obesity, anxiety, depression, etc. Or, they could have health related illnesses that prevent them from working to a high standard. Employees that are in pain are also struggling with their health. It’s not healthy to be in pain and have muscle and joint issues. You can see that employee health covers a whole range of things. When people suffer from some of the things I’ve mentioned, it can be hard for them to work as well as they’d like. So, keeping employees healthy is hugely important to business owners.

However, this isn’t the only reason it’s important. Business owners must take care of their employees for health & safety reasons. If the workplace isn’t safe, it can present numerous health hazards to people working there. A lot of you reading this will work in a typical office workplace. An office may not seem dangerous, but there are loads of ways you can damage your health there. For example, there might be asbestos in the ceiling tiles. This is a common problem in a lot of old office buildings. Being exposed to asbestos can lead to numerous medical conditions. And, if you’re an employee that gets exposed to it, you can claim worker’s compensation. There’s plenty of workers compensation claim information out there to help you understand it better. So, I won’t go into much detail with it here. All I’ll say is that if you get ill or injured, because of work, you can claim some money. And, where does this money come from? Your boss, of course. This is why employee health is important to business owners. If employee health is affected because of work, the owner will have to pay lots of compensation money. Naturally, no business owner wants to do this. So, taking care of the health of their staff is high on their priority list.

640px-Natalie_Abrams_and_Megan_Masters_in_the_break_room_(3817586419)

(Source: https://goo.gl/E8zEzs)

What Are Business Owners Doing To Ensure Staff Remain Healthy?

After seeing why employee health is important to business owners, now let’s see how they deal with it. What do they do to ensure their workers remain healthy? In truth, they do, and can do many different things. During my research, I found that certain business owners will adopt different tactics. But, they all have the same goal. To keep all of their employees in good health and prevent problems from occurring. Sadly, there are too many things to go through all of them. But, I’ve picked out a few of the most common, and most effective techniques.

Firstly, I found that many business owners employed the rest tactic. What does this mean? All it means is that they give employees some time to rest. They don’t overwork them throughout the day. Instead of working long hours in a row, employees are given a couple of breaks. They’ll get one or two short breaks during a normal day’s work. These breaks won’t be any longer that ten-fifteen minutes. They’re used to help refresh workers and give them a rest. Of course, they’re entitled to a lunch break as well. By allowing employees to rest, it ensures they don’t burn out or get stressed. Overworking can lead to health problems like high-stress levels and also physical injuries. Standing or sitting for a long time can give people back problems. And, business owners don’t want to inflict pain on their staff.

Another thing they do is provide a comfortable place to work. Office chairs are comfy and won’t cause any back or neck problems. It’s a simple thing to do, and will have a huge difference on employee health. By providing comfortable seating, it shows a boss cares about health in the workplace. In conjunction with this, they also make sure the workplace is safe. Providing a safe working environment is crucial. It means there’s very little risk of employees getting injured at work. Thus, they lower the risk of having to pay workers compensation.

The final thing is fairly modern and quite interesting. In some countries, employers will make their workers take part in physical activities. In Japan, the day will often start with a few minutes of yoga or stretching. Obviously, the aim is to try and keep employees fit and healthy. By doing physical activities before work, they also make them more alert and ready for the day ahead. It’s a clever tactic and can end up benefitting a business. More and more businesses are starting to employ this idea too. Some are starting to put days aside devoted to exercise. Instead of having a training day, businesses have days where they go and do physical activities as a group. It’s designed to help employees bond while keeping them healthy.

The importance of health in the workplace can’t be understated. After reading this article, you can now see why it’s such a big thing. Employees with poor health will be a problem for people that own businesses. If everyone is healthy and feeling good, a business will prosper. So, it’s no wonder that owners are doing all that they can to keep their staff healthy. A successful business is built around its employees. But, they must be in good health and able to work to a high standard at all times.

China Stock Market Closes Down as Investors Worry about Oil Prices

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Chinese shares saw steep losses in late trade on January 26 as investors worried about oil prices, and despite an injection of liquidity into the mainland market by the central bank.

The benchmark Shanghai Composite closed down 6.42% at 2,749.79.

Hong Kong’s Hang Seng shed 2.48% to 18,860.8 points in afternoon trade.

Elsewhere, markets in Asia followed US stocks lower as further falls in the price of oil continued to unsettle investors.

Brent crude prices dropped below $30 a barrel ending a short-lived rebound as persistent concerns of oversupply were exacerbated by news that Iraq’s output reached a record high last month.

Photo Getty Images
Photo Getty Images

Wall Street also fell, wiping out most of its gains from the past two days.

Asia’s biggest index, Japan’s Nikkei 225, followed the US, dropping 2.4% to close at 16,708.90 points.

The ongoing slump in the oil price has investors worried that slowing growth in the global economy, and China in particular, is far from any substantial recovery.

South Korean stocks also fell, with the Kospi index closing 1.2% lower at 1,871.42 points.

Investor sentiment in Seoul was also dampened by data showing the country’s economy grew at a slightly lower rate in Q4 of 2015 from the previous three months.

Q4 growth rose 0.6% in seasonally-adjusted terms from the third quarter, slowing from its 1.3% expansion in the previous quarter.

In Australia, markets remained closed for a national holiday.

Denmark Votes on Proposal to Seize Refugees’ Valuables

Denmark’s lawmakers will vote on January 26 on a highly controversial proposal to confiscate asylum seekers’ valuables to pay for their upkeep.

The proposal drew sharp criticism in Denmark and abroad when it was announced earlier this month.

Danish authorities insist the policy brings refugees in line with jobless Danes, who must sell assets above a certain level to claim benefits.

With broad cross-party support, the bill looks set to pass into law.

The Danish government will also vote on another controversial proposal – delaying family reunifications for refugees in an attempt to discourage them from travelling to the country.Denmark refugee asset bill

Denmark expects to receive around 20,000 asylum seekers in 2016, compared with 15,000 in 2015.

The country insists that the new laws are needed to stem the flow of refugees, despite both Denmark and Sweden recently tightening their borders.

Many have compared the plan to the confiscation of valuables from Jews during the World War II.

Integration Minister Inger Stoejberg was forced to announce that no items deemed sentimental would be taken. The law would apply to cash or assets worth more than 10,000 kroner ($1,450) – a figure raised from 3,000 kroner following objections.

UN refugee agency the UNHCR has warned that the proposals violate the European Convention on Human Rights, the UN Convention on the Rights of the Child, and the UN Refugee Convention.

Both the ruling center-right Venstre party and the right-wing, anti-immigration Danish People’s Party back the bill, meaning it is likely to pass.

PM Lars Lokke Rasmussen of the Venstre party has shrugged off criticism, calling the bill “the most misunderstood bill in Denmark’s history”.

The Revenant Tops US Box Office with $16 Million

The Revenant has topped the US box office in a weekend affected by the East Coast snowstorm.

The Oscar nominated movie, starring Leonardo DiCaprio, is about a frontiersman fighting for survival after being attacked by a Grizzly bear.

The Revenant took $16 million with Star Wars: The Force Awakens in second place with $14.3 million.

Storm Jonas forced theater closures in Washington DC and New York, while hundreds of others suspended showings.

The Revenant, directed by Alejandro G. Inarritu, has taken $119.2 million in North America so far.

The movie had a limited release on Christmas Day, followed by a wide release on January 8.The Revenant box office

Star Wars: The Force Awakens has made $1.94 billion globally to date and is likely to cross the $2 billion mark over the next week.

Last week’s No 1, Kevin Hart and Ice Cube comedy Ride Along 2, dropped to third with $13 million.

Rounding out the top five were two new entries, comedy Dirty Grandpa and The Boy, about an American nanny who finds her English family’s boy is a life-sized doll.

Next week’s new releases include thriller The Finest Hours starring Chris Pine, Holliday Grainger and Casey Affleck, and Kung Fu Panda 3.

US box office top 5:

  1. The Revenant – $16 million
  2. Star Wars: The Force Awakens – $14.3 million
  3. Ride Along 2 – $13 million
  4. Dirty Grandpa – $11.5 million
  5. The Boy – $11.3 million

McDonald’s Q4 Sales Boosted by Lunch of All-Day Breakfast in US

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McDonald’s has reported better than expected sales in Q4 of 2015, boosted by the launch of all-day breakfasts in the US.

The fast food giant extended US breakfasts beyond 10:30am in October 2015, saying it was customers’ number one request.McDonalds all day breakfast

The company, working to turnaround its business under chief executive Steve Easterbrook, said the breakfast change helped US sales grow 5.7%.

Q4 revenue fell 4% to $6.4 billion due to the strong dollar, but profits rose 10% to $1.2 billion, McDonald’s said.

Steve Easterbrook, who was appointed a year ago, said: “We took bold, urgent action in 2015 to reset the business and position McDonald’s to deliver sustained profitable growth.”

McDonald’s said sales in its “high growth” markets, which include Russia and China, rose 3%.

Zika Outbreak: Virus Likely to Spread Across Americas

The World Health Organization (WHO) has warned that Zika virus is likely to spread across nearly all of the Americas.

The Zika virus, which causes symptoms including mild fever, conjunctivitis and headache, has already been found in 21 countries in the Caribbean, North and South America.

It has been linked to thousands of babies being born with underdeveloped brains and some countries have advised women not to get pregnant.

No treatment or vaccine is available.

The Zika virus was first detected in 1947 in monkeys in Africa. There have since been small, short-lived outbreaks in people on the continent, parts of Asia and in the Pacific Islands.

It has spread on a massive scale in the Americas, where transmission was first detected in Brazil in May 2015.

Large numbers of the mosquitoes which carry the virus and a lack of any natural immunity is thought to be helping the infection to spread rapidly.

Zika is transmitted by the bite of Aedes mosquitoes, which are found in all countries in the region except Canada and Chile.

Photo AFP
Photo AFP

In a statement, the Pan American Health Organization (PAHO), the regional office of the WHO, said: “PAHO anticipates that Zika virus will continue to spread and will likely reach all countries and territories of the region where Aedes mosquitoes are found.”

PAHO is advising people to protect themselves from the mosquitoes, which also spread dengue fever and chikungunya.

It also confirmed the virus had been detected in semen and there was “one case of possible person-to-person transmission” but further evidence was still needed.

Around 80% of infections do not result in symptoms.

However, the biggest concern is the potential impact on babies developing in the womb. There have been around 3,500 reported cases of microcephaly – babies born with tiny brains – in Brazil alone since October.

PAHO warned pregnant women to be “especially careful” and to see their doctor before and after visiting areas affected by the Zika virus.

Colombia, Ecuador, El Salvador and Jamaica last week recommended women delay pregnancies until more was known about the virus.

Although officially PAHO says “any decision to defer pregnancy is an individual one between a woman, her partner and her healthcare provider”.

Prof. Laura Rodrigues, a fellow of the Brazilian Academy of Sciences and from the London School of Hygiene and Tropical Medicine, said some data suggested that up to one-in-fifty babies had birth defects in one of the worst hit areas – Pernambuco state in Brazil.

She said: “Until November we knew nothing, this has caught us by surprise and we’re trying to learn as fast as we can.

“Wherever there is dengue, there is mosquito, then it will spread and not just in Americas I think there is a very real chance it will spread in Asia.”

PAHO advice is to ensure all containers that can hold even small amounts of water should be emptied and cleaned to prevent mosquitoes breeding.

People should protect themselves by using insect repellent, covering up and keeping windows and doors closed.

https://www.youtube.com/watch?v=OUhy3g-7yUQ

Oil Price Falls Again amid OPEC Calls for Co-Operation in Tackling Oversupply

Oil prices fell again on January 25, eroding last week’s gains, as OPEC called for co-operation from oil-producing nations outside the cartel.

Brent crude fell 2.6% to $31.34 a barrel following a 10% rise on January 22, while US oil shed 95 cents to $31.24.

The slide came as the head of OPEC called for all oil-producing nations to work together.

Abdalla Salem el-Badri said both OPEC and non-OPEC oil producers needed to tackle oversupply to help prices rise.

“It is vital the market addresses the issue of the stock overhang. As you can see from previous cycles, once this overhang starts falling then prices start to rise,” he told a conference in London.

Photo AP
Photo AP

Despite the ongoing refusal of Saudi Arabia, the dominant OPEC member, to cut production, Abdalla Salem el-Badrinevertheless blamed countries outside the cartel for the huge global oil glut.

“Yes, OPEC provided some of the additional supply last year, but the majority of this has come from non-OPEC countries,” he said.

The organization accounts for almost 42% of the world’s oil production.

The OPEC secretary-general said all major producers should agree on methods to reduce stockpiles and thus help prices recover.

“The current environment is putting this future at risk. At current price levels, it is clear that not all of the necessary future investment is viable,” Abdullah al-Badri said.

Oil prices briefly fell to less than $28 a barrel earlier this month.

HSBC has lowered its forecast for the average price of Brent crude in 2016 from $60 to $45 a barrel, while UniCredit lowered it from $52.50 to $37 a barrel.

The prospect of OPEC members cutting production remains unlikely. Indonesia’s OPEC representative said that only one member of the cartel supported calling an emergency meeting to discuss ways of boosting oil prices.

The chairman of Saudi Aramco, the state-owned oil giant, said on January 25 that prices would ultimately rise to a moderate level as global demand increased.

The Iraqi government said on the same day that oil output reached a record high in December, producing as much as 4.13 million barrels a day.

Iran, which has the world’s fourth-biggest oil reserves, is also preparing to resume exports now that sanctions have been lifted.

A fall in the number of oil rigs in the US, one of OPEC’s biggest production rivals, could reduce output, with Goldman Sachs predicting a decline of 95,000 barrels per day this year.

Russia Economy Contracted by 3.7% in 2015

According to preliminary figures published by Russia’s statistics service, the country’s economy contracted by 3.7% in 2015.

Retail sales plunged by 10% and capital investment fell by 8.4% in the economy’s worst performance since 2009.

In contrast, Russian GDP increased by 0.6% in 2014.

Russia’s economy has been hit hard by the extraordinary collapse in oil prices, which have fallen by 70% in the past 15 months.

Sanctions imposed by the West after Russia annexed Ukraine’s Crimea region in 2014 have also had an impact.

Photo AP
Photo AP

PM Dmitry Medvedev warned earlier this month that the fall could force Russia’s 2016 budget to be revised.

President Vladimir Putin said in December that the budget had been calculated based on oil at $50 a barrel. Oil is trading at just over $30 a barrel.

The state-controlled media blames the crisis, principally, on low oil prices and, to a lesser extent, on western sanctions.

In 15 years that Vladimir Putin has ruled Russia as president or prime minister, Russia failed to prepare for the possibility of low oil prices and did little to diversify its economy and reduce its reliance on energy exports.

Russian citizens are increasingly concerned. Inflation is rising, so is the fear of job losses. Meanwhile, real incomes in Russia are falling and social benefits are being cut.

Earlier this month senior citizens blocked streets in Sochi and Krasnodar to protest against the scrapping of free travel passes for pensioners. People power persuaded the local authorities to reverse the decision. The longer Russia’s economic woes continue, the greater the likelihood that social protest here will spread.

Taxes from oil and gas generate about half the Russian government’s revenue.

The ruble fell to record lows against the US dollar last week, before regaining some ground as oil prices recovered slightly.

The currency was down more than 1% on January 25 at 78.87 after oil prices fell about 3%.

Economy minister Alexei Ulyukayev said he expected the Russian central bank to leave interest rates on hold at 11%.

Elvira Nabiullina, the head of the central bank, said last week that authorities had “all the means” needed to keep the economy stable.

Unemployment in Russia was steady at 5.8% in December, meaning that 4.4 million people were out of work, and real wages fell by 10%.

Despite the gloomy economic news, McDonald’s said on January 25 it planned to open more than 60 restaurants in Russia in 2016.

Khamzat Khasbulatov, chief executive of McDonald’s Russia, said sanctions and the weak ruble had forced the fast food giant to make “serious adjustments” to its business model, but focusing on local suppliers and affordable menus had proved successful.

Avatar 2 Release Date Delayed

Avatar 2’s release date is being delayed and it could be because of Star Wars.

The follow-up to the 2009 blockbuster was supposed to be ready by Christmas 2017.

However, according to several reports, Avatar 2 filming hasn’t even started.

This comes just after Disney announced the sequel to The Force Awakens was being delayed and would be coming out at the same time as Avatar 2 was due for release.

Avatar and Star Wars already have a good rivalry going.

Earlier this month, Star Wars overtook Avatar as the biggest ever movie in America.Avatar 2 release date

However, Avatar remains the highest-grossing movie around the world, for now at least.

Avatar introduced the world to 3D as a realistic cinema experience.

Last month, director James Cameron said work on the follow-up trilogy was nearly complete.

James Cameron told Entertainment Weekly: “We’ve been designing for about a year and a half. All the characters, settings and creatures are all pretty much done.”

The idea is to film them all at once.

So far, Twentieth Century Fox hasn’t explained what’s happened.

It’s likely Disney must have known about the delay – otherwise it probably wouldn’t have shifted the Star Wars release date back.

IAAF Scandal: Adidas to Terminate Sponsorship Deal Four Years Early

Adidas has announced it is to terminate the IAAF -the International Association of Athletics Federations – sponsorship deal four years early.

The sportswear giant is the IAAF’s biggest sponsor.

Adidas informed the athletics’ world governing body of its decision – understood to be a direct result of the doping scandal sweeping the sport – last week.

The company has not commented, but the IAAF issued a short statement on January 25.

It made no reference to its deal with Adidas, revealing it was “in close contact with all its sponsors and partners as we embark on our reform process”.

Adidas is one of the IAAF’s official partners, along with Canon, Toyota, Seiko, TDK, TBS and Mondo.

According to several reports, Adidas informed the IAAF in November 2015 it was considering ending their relationship early after a report detailed claims of “state sponsored doping” within Russia.

Photo Getty Images
Photo Getty Images

The report was compiled by an independent commission set up by the World Anti-Doping Agency (WADA).

Earlier this month, the commission’s chairman, Dick Pound, delivered a second, damning report that revealed “corruption was embedded” within the IAAF under former president Lamine Diack.

Within days, a decision at the highest level in Adidas was taken to terminate the relationship with the IAAF.

It is understood the German multinational believes the doping revelations in Dick Pound’s reports constitute a breach of its agreement with the IAAF.

The 11-year deal was signed in 2008 and due to run until 2019. At the time it was signed, it was reported the deal was worth $33 million.

The withdrawal of Adidas will come as a major blow to the sport – and to IAAF president Sebastian Coe – in a time of unprecedented turmoil.

The WADA reports on state sponsored doping have left athletics facing an Olympic year with major reputational damage to repair.

It is also facing a French criminal investigation into corruption, which is looking into the awarding of every World Championships since 2007.

It now seems Adidas believes there is too much reputational risk to its brand to continue its association with the IAAF.

Adidas has also expressed its displeasure at the corruption scandal that continues to engulf FIFA, although it remains world soccer’s governing body’s oldest commercial partner.

Japan Stock Market Trades Higher Despite Weak Export Data

Japan stock market has traded higher, despite the latest trade figures showing exports falling for a third straight month.

Its exports fell by 8% in December 2015 from a year earlier, suggesting that China’s slowdown continues to affect demand.

The Nikkei 225 index rose 0.9%, closing at 17,110.91, building on January 22 rally when it climbed almost 6%.

Global stock markets surged late last week on hints that central banks in Europe and Japan would continue monetary easing.

On January 21, sentiment got a boost as European Central Bank (ECB) President Mario Draghi suggested the bank would review its policies in March and could launch further stimulus.

Photo AsiaNews
Photo AsiaNews

One day later, media reports suggested that the Bank of Japan (BOJ) would also ease further.

The BOJ is set for its first meeting of 2016 later this week, where it is expected to make a policy announcement as weak growth and a drop in oil prices weigh on its attempts to lift inflation.

Led by energy shares, Chinese markets also continued last week’s strong finish, trading higher both in Hong Kong and on the mainland markets.

The Hang Seng index in Hong Kong rose by 1.5% to 19,373.09, while the Shanghai Composite edged 0.4% higher to 2,926.04.

In Australia, the benchmark S&P ASX 200 closed 1.8% up at 5,006.60 points.

The commodity-heavy market was helped by a rebound in both oil and iron ore prices.

In South Korea, the Kospi index followed the region’s trend, increasing 0.7% to close the day at 1,893.43 points.

Should you pitch your Tent with Stocks, Oil, or Gold Investors?

Investors might find it somewhat difficult to decide on where to put their money this year because the headlines coming from investment circles are mostly depressing. The weakness in Chinese economy is weighing down much of Asia and American manufacturers are starting to feel the pinch. Geopolitical tensions in the Middle East remain unresolved and oil prices are in troubled waters. Economic data in the U.S. is mixed and the fact that 2016 is an election year doesn’t provide much of an economic direction.

trade

It is already obvious that 2016 will be very volatile year in the global economic scene. The move by the U.S. Federal Reserve to raise interest rates at the end of 2015 was the harbinger of things to come. Economic  events in the first three weeks of 2016 has shown that 2016 will be characterized by a rollercoaster of exciting highs and depressing lows in the global economy. This piece seeks to explore the outlook in stocks, precious metals, and global oil prices so that investors might pitch their tents on the winning side.

Stocks are swimming in wild swings

trade-forex

If you have investments in the equities market, you’ll have already seen the handwriting on the wall that stocks will be volatile this year. On Wednesday, all the major U.S. market indices were down. For instance, the S&P 500 was down by a significant 1.56%, the Dow Jones Industrial Average was down 1.17%, and the NASDAQ Composite was down 0.12%. More so, all the major market sectors (except healthcare) were down in yesterday’s session, with the energy sector taking the biggest hit with a 3.14% decline.

The global equities scene was also not impressive. In Asia, stocks are suffering in China as the Shanghai index dropped 3.23%. The situation was not different in Japan as Nikkei 225 had a 2.43% decline while Hong Kong’s Hang Seng Index was down 1.82%. The situation also appears to be worse in Europe as Euro STOXX 50 was down 0.19% and France’s CAC 40 was down 0.16%.

It is well known saying in the equities market that as “January goes, goes the year”; hence, stock investors will not be surprised if they make massive gains in a session and then lose everything in the next session.

The outlook for oil is uncertain

trade-oil

Crude oil has been facing significant headwinds since last year and it seems that the situation has taken a turn for the worse this year. Oil futures have dropped to the lowest price since September 2003 this week, as a glut in the supply of oil and drop in demand (especially from China) has caused the price to fall lower. On Thursday, Benchmark Brent was down 3.2%o $27.10 per barrel. The West Texas Intermediate (WTI) crude futures were down an incredulous 6.7% to $26.55 per barrel. The decline marks the largest monthly fall since May 2003.

Hans van Cleef, senior energy economist at ABN Amro in Amsterdam notes that “There are worries surrounding demand and oversupply“. Dominick Chirichella, oil analyst at the New York-based Energy Management Institute also notes that “no matter how one looks at the fundamental data every angle points toward lower prices as supply is continuing to outstrip demand.

However, the uncertainties in oil prices provide smart traders with an opportunity to benefit from trading oil futures. If you know how to trade oil, you’ll find the current weakness in oil prices as a good opportunity to make consistent gains from the economic dynamics of oil. It is obvious that oil prices are searching for a bottom and you can make gains when you sell. When the geopolitical tensions in the Middle East are resolved, you can expect oil prices to recover and then you’ll buy oil futures.

The safe-haven status of gold might be back

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The weakness in the global equities market as discussed earlier is already causing investors to think twice about investing in stocks and they are running into the inherent stability of gold. Gold is considered a safe-haven asset because it tends to keep its value over time, because it is a good hedge against inflation and because it tends to outperform fiat currencies.

The reigniting of the safe haven status of gold suggests that 2016 might be the year of precious metal investors. A Bloomberg data analysis shows that in the five days to January 14, investors have bought 26.8 metric tons of gold through ETFs that are physically backed by the bullion. Gold prices per ounce have climbed more than 4% since the market opened this year in sharp contrast to the decline in equities.

Citigroup analysts in their 2016 commodities outlook note, “gold’s safe haven rationale is back in vogue“. They also mentioned that “geopolitical issues typically tend to be short-lived in terms of lending support to gold prices; we expect ongoing global macro concerns to lend support this quarter, aided by a modestly more benign U.S. dollar outlook.”