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Bon Jovi’s First China Gigs Canceled by Government Officials

Sonia Pantiss
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Bon Jovi’s First China Gigs Canceled by Government Officials

Chinese government officials have canceled Bon Jovi’s first ever concerts in China.

No reason was given, but media reports suggest that censors discovered Bon Jovi had used an image of the Dalai Lama as a backdrop at a gig five years ago.

China has previously banned artists like Bjork, as well as academics and politicians, who have shown support for the Dalai Lama or Tibetan independence.

Maroon 5 recently had shows canceled.

The band were also due to perform in China this month. The cancelation of their concerts was linked to a band member tweeting the Dalai Lama to wish him happy birthday in July.Bon Jovi China concerts canceled

Bon Jovi had been due to play Shanghai and Beijing next week.

According to the Financial Times, China’s Culture Ministry acted after discovering Bon Jovi had performed in front of a picture of the Dalai Lama at a 2010 concert in Taiwan, and had previously tweeted about the spiritual leader.

It said concert organizers AEG were trying to convince officials to relent, but they felt the chances were slim.

Bjork was banned from China for life after she chanted “Tibet, Tibet” during her song Declare Independence at a concert in Shanghai in 2008.

Linkin Park were barred in 2011 after they attended a youth media conference in Los Angeles and were photographed with the Dalai Lama.

UK’s PM David Cameron also sparked an angry response from Chinese officials when he met with the exiled Tibetan spiritual leader in 2012.

Leaders in China have called the Dalai Lama a “splittist” and a “wolf in monk’s robes”.

The issue of Tibet is said to be especially sensitive at the moment ahead of the 50th anniversary of the founding of the Tibet Autonomous Region.

A top Chinese official vowed on September 7 to “crack down on separatist forces” in Tibet and “fight a protracted battle” against the “Dalai clique”.

Announcing the Bon Jovi shows earlier this year, Jon Bon Jovi had said he was “excited” to be performing in Beijing for the first time ever.

In a recent interview with Chinese state media Jon Bon Jovi described the band’s music as being about “individual freedom and expression”.

Last month, Jon Bob Jovi even recorded a cover of The Moon Represents My Heart, arguably the most famous Chinese love song ever.

https://www.youtube.com/watch?v=ax6ZMZr_kB8

Freddie Gray Death: Baltimore City Reaches $6.4 Million Settlement with Family

Nancy Clayson
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Freddie Gray Death: Baltimore City Reaches $6.4 Million Settlement with Family

The city of Baltimore announces it has reached a proposed $6.4 million wrongful death settlement with Freddie Gray’s family.

Six Baltimore police officers face criminal charges for the death of 25-year-old Freddie Gray, who died of a critical spine injury while in police custody in April.

Riots, looting and violence shook the city in the days following the black man’s death.

Baltimore will propose the settlement to its Board of Estimates on September 9.Freddie Gray death settlement

Freddie Gray was in the back of a prisoner transport van when he was injured.

The man’s death is of one of several involving black Americans and police which has spurred national debate, unrest and various social justice movements.

Baltimore police have admitted Freddie Gray was not secured by a seatbelt, as required by law, and he was denied medical attention while in the van.

The settlement would “resolve all civil claims related to the City of Baltimore, the Baltimore Police Department, individual Baltimore Police offers and any other persons or institutions who might be deemed responsible for the death of Mr. Gray,” according to a statement from Baltimore Mayor Stephanie-Rawlings Blake.

The payment does not resolve any “factual disputes” surrounding his death and does not admit liability or fault on the part of the city or the police department, the statement added.

It is not a judgement on the guilt or innocence of the officers facing trial, said Stephanie Rawlings-Blake.

The total payment being proposed for Freddie Gray’s case is more than the total paid out by the city for more than 120 other lawsuits against the Baltimore Police Department since 2011, the Baltimore Sun reports.

The police officers facing criminal charges ranging from false imprisonment to involuntary manslaughter have pleaded not guilty.

Dates for their trials have not been set yet.

Walter Palmer: Cecil the Lion Killer Returns to Dental Practice

Nancy Clayson
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Walter Palmer: Cecil the Lion Killer Returns to Dental Practice

Walter Palmer, who generated an outcry after killing Cecil the lion in Zimbabwe, has returned to his dental practice in Minnesota after weeks in hiding.

The dentist arrived at work at 07:00 local time where a throng of media and a few protesters awaited him.

Employees were seen escorting Walter Palmer and patients into the surgery, as photographers swarmed the office.

In recent interviews, Walter Palmer has claimed that the hunt was legal and that he was shocked to hear the animal was famous.Cecil the lion death protesters

Police were present as Walter Palmer parked his vehicle on a nearby street and walked into his office in Bloomington, Minnesota. A staff member clutched his arm as the pair pushed past a group of journalists.

One woman could be heard screaming “Extradite Palmer!”

Walter Palmer, 55, did not speak to the media on September 8, but did give an interview to the Minneapolis Star Tribune on September 6.

“I need to get back to treating my patients,” Walter Palmer said.

“My staff and my patients support me, and they want me back. That’s why I’m back.”

The killing of Cecil in July prompted a global uproar, which Walter Palmer has claimed led to “some safety issues” for his family.

Walter Palmer’s clinic and his home in nearby Eden Prairie became the site of protests, and his holiday home in Florida was vandalized.

Police did not consider the protesters.

Walter Palmer is believed to have been paid $50,000 to hunt a lion in Zimbabwe’s largest game reserve, but he says he was unaware it was so famous.

“If I had known this lion had a name and was important to the country or a study obviously I wouldn’t have taken it,” he said.

“Nobody in our hunting party knew before or after the name of this lion.”

Cecil was well known in the Hwange National Park and was being tracked with a GPS collar as part of a research program run by Oxford University.

The Zimbabwe’s safari organization has said the way in which Cecil was lured out of a national park was unethical and possibly illegal.

Initially, Zimbabwe sought to charge and extradite Walter Palmer, but the government’s interest in him has waned in recent weeks.

The Associated Press reported that government officials fear it could hamper a hunting industry that is lucrative and important for Zimbabwe.

Spectre: Sam Smith to Sing next James Bond Theme

Sonia Pantiss
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Spectre: Sam Smith to Sing next James Bond Theme

Sam Smith will sing the theme tune for the next James Bond movie, Spectre, the singer has confirmed in a radio interview.

The song, called Writing’s On The Wall, has been co-written by Sam Smith and was recorded in January.

Spectre will be released in the US on November 6.Sam Smith to sing Spectre theme

On September 7, Sam Smith posted a photograph of his hand wearing a ring with the movie’s Spectre logo on it.

Writing’s On The Wall will be available to buy and stream from September 25.

The song was also co-written by Jimmy Napes who has previously collaborated with Sam Smith on tracks including Stay With Me and Lay Me Down.

Previous James Bond themes have been sung by Adele (Skyfall), Madonna (Die Another Day), Sheryl Crow (Tomorrow Never Dies) and Shirley Bassey (Goldfinger, Diamonds Are Forever and Moonraker).

Vatican Relaxes Catholic Remarriage Rules

James J. Williams
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Vatican Relaxes Catholic Remarriage Rules

Vatican is going to make it easier for Roman Catholics to get annulments and remarry within the Church, Pope Francis’ new reforms have revealed.

The Catholic Church does not recognize divorce, teaching that marriage is forever.

In order to separate, Catholics must have their marriage annulled by showing it was flawed from the outset.

The radical reforms allow access to procedures free of charge and fast-track decisions, as well as removing automatic appeals.

Photo Reuters
Photo Reuters

Until now the procedures have been seen as arcane, expensive and bureaucratic.

Catholics seeking an annulment previously needed approval from two Church tribunals. The reforms will reduce this to one, although appeals will still be allowed.

The new fast-track procedure will allow bishops to grant annulments directly if both spouses request it.

Because annulment procedures are complicated, couples normally require experts to guide them through, meaning that gaining one can be expensive.

Without an annulment, Catholics who divorce and marry again are considered adulterers and are not allowed to receive communion.

In 2014, Pope Francis set up a commission of church lawyers and clerical experts to look at how to streamline the procedure.

Writing about the changes, Pope Francis said it was unfair that spouses should be “long oppressed by darkness of doubt” over whether their marriages could be annulled.

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

Tesco Sells South Korean Business Homeplus for $6.7 Billion

Clyde K. Valle
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Tesco Sells South Korean Business Homeplus for $6.7 Billion

Tesco has sold its South Korean Homeplus stores, for £4.2 billion ($6.7 billion) as the troubled supermarket chain seeks to shore up its balance sheet.

The proceeds will be used to pay down debt and help revitalize Tesco’s UK business.

Tesco is the UK’s biggest supermarket chain and the world’s third largest retailer after Wal-Mart and Carrefour.

Homeplus is being bought by MBK Partners, a South Korean buyout company set up a decade ago.Tesco sells Homeplus

It has partnered with a Canadian pension fund and Singapore’s Temasek Holdings for the deal.

Dave Lewis, chief executive of Tesco, said: “This sale realizes material value for shareholders and allows us to make significant progress on our strategic priority of protecting and strengthening our balance sheet.”

After tax and other costs the sale will produce £3.35 billion ($5.6 billion) in cash for Tesco and is expected to be completed before the end of the year.

The Homeplus deal is the first major disposal since Tesco reported a record pre-tax loss of $10.2 billion for the year to February.

That compared with annual pre-tax profit of $3.36 billion a year earlier.

It was the biggest loss reported by a UK retailer and one of the largest in the country’s corporate history.

Tesco has faced challenges on several fronts in recent years.

Hard discounters such as Aldi and Lidl have been eroding the market share of the big four supermarket chains, while Tesco has struggled with excess floor space in out-of-town superstores.

Shoppers have moved away from doing one big weekly shop at such stores in favor of topping up more frequently from high street convenience stores.

Homeplus has 140 hypermarkets, 375 supermarkets and 327 convenience stores.

The MBK Partners consortium said it planned to invest 1 trillion won ($874 million) in Homeplus over the next two years to increase its competitiveness.

Japan’s Shares Lose All Year-to-Date Gains

Clyde K. Valle
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0
Japan’s Shares Lose All Year-to-Date Gains

Japan’s shares lost this year’s gains after Nikkei index fell below 17,450.77 points on September 8.

Japan’s benchmark index finished the day down 2.43% at 17,427.08 points.

Analysts said investors were concerned about China’s economy following latest trade numbers released on September 8.

Investors also reacted to Japan’s revised growth numbers released earlier which analysts said had not eased concerns about the state of the country’s economy.

Japan’s economy contracted 0.3% during the quarter, compared with original calculations of a 0.4% contraction.

Photo Wikipedia
Photo Wikipedia

The revision beat market expectations, which were for a contraction of 0.5%, but did little to calm investors.

The world’s third largest economy also revealed a revised fall in private consumption on September 8 to 0.7% from a previous estimate of 0.8%.

Japan relies on domestic consumption for about 60% of its economy. However, it has been adjusting to the impact of a sales tax rise which has dampened spending.

Chinese shares rallied to close higher after a surge in late afternoon buying by bargain hunters helped reverse earlier losses.

The Shanghai Composite finished up 2.9% at 3,170.45, while Hong Kong’s Hang Seng index was up 3.3% at 21,259.04.

Investors ignored trade data that showed China’s imports in August fell 14.3% in yuan-denominated terms from a year ago, while exports fell by 6.1%.

The steep fall in the value of imports, which was greater than expected, reflected lower commodity prices globally, particularly crude oil.

In Australia the S&P/ASX 200 closed up 1.69% at 5,115.2 points.

Energy stocks were boosted as investors reacted to news that Australian energy giant Woodside Petroleum had made an estimated $11.65 billion Australian dollars ($8.1 billion) bid for Oil Search as it looks towards Papua New Guinea’s (PNG) market.

Australian-listed shares in Oil Search, which is an oil and gas exploration firm with most of its assets in PNG, rose as much as 17% on the news, though Woodside’s slid more than 3%.

South Korea’s Kospi benchmark index closed down 0.24% at 1,878.68 points.

China Imports Fall 14.3% in August 2015

Clyde K. Valle
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China Imports Fall 14.3% in August 2015

According to latest trade figures, China’s August imports fell 14.3% in yuan-denominated terms from a year ago, while exports fell by 6.1%.

The steep fall in the value of imports reflects lower commodity prices globally, particularly crude oil.

The numbers mean China’s monthly trade surplus expanded by close to 40% from the month earlier to 368 billion yuan ($57.8 billion).China imports August 2015

China recently revised down its 2014 economic growth from 7.4% to 7.3%, its weakest for almost 25 years.

In US dollar denominated terms, exports for the month of August fell 5.5% from a year earlier – slightly less than expected – while imports fell by 13.8%, leaving China with a surplus of $60.24 billion.

Currency conversion factors based on US dollar and Chinese yuan movements over the last year mean some official numbers from the mainland are now reported in both currencies.

A fall in both import and export figures had been expected as China’s economy slows, though analysts said the drop in imports was greater than forecast.

North Korea and South Korea Agree to Hold Family Reunions in October

Diane A. Wade
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North Korea and South Korea Agree to Hold Family Reunions in October

North Korea and South Korea have agreed to hold reunions for families separated by the Korean War, according to Seoul government.

The family reunions will take place in October at the Diamond Mountain resort in North Korea.

The decision follows an agreement last month that de-escalated tensions sparked by a border mine explosion that injured two South Korean soldiers.

Thousands of Korean families have been separated with little or no contact since the war ended in 1953.

The highly emotional reunions of family member who have not seen one another in decades have been infrequent, and depend hugely on the state of relations on the Korean peninsula.Korean family reunion

The reunions, which started in 1988, used to be annual but have often been canceled in recent years as relations frayed. The last round was held in February 2014.

About 66,000 South Koreans remain on the waiting list to see their relatives, many in their 80s and 90s.

The upcoming reunions, slated to be held at the Diamond Mountain resort in Mount Kumgang from October 20 to 26, will see 100 people from each side selected.

The decision came after Red Cross officials from both Koreas held talks earlier this week at the border village of Panmunjom.

Communication between relatives across the border is highly restricted and almost non-existent.

Amanda Knox Acquittal: Italy’s Court of Cassation Publishes Reasoning

Nancy Clayson
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Amanda Knox Acquittal: Italy’s Court of Cassation Publishes Reasoning

Italy’s Court of Cassation has criticized “glaring errors” in the investigation into the 2007 murder of British student Meredith Kercher.

The highest appeals court acquitted Amanda Knox and her ex-boyfriend Raffaele Sollecito of the murder in March.

The court said there was an “absolute lack of biological traces” of either defendant in the room where Meredith Kercher was killed or on her body.

Meredith Kercher, 21, was stabbed to death in a Perugia flat she shared with Amanda Knox.

The Court of Cassation published its reasoning on September 7, as it is required to do under Italian law.

It issued a damning assessment of the quality of the prosecution case, saying its high profile nature had an effect on investigators.Amanda Knox acquittal 2015

“The international spotlight on the case in fact resulted in the investigation undergoing a sudden acceleration,” the court said.

Several mistakes in the investigation were outlined by the court in its reasoning, including the fact that investigators burned Amanda Knox’s and Meredith Kercher’s computers, which could have yielded new information.

The court also wrote that the Florence appeals court which convicted Amanda Knox and Raffaele Sollecito last year ignored expert testimony that “clearly demonstrated possible contamination” of evidence and misinterpreted findings about the knife allegedly used to slit Meredith Kercher’s throat, in what prosecutors had described as a s**ual assault, AP reports.

“The kitchen knife, found in Sollecito’s house and the supposed crime weapon, was kept in an ordinary cardboard box,” the judges noted, adding that no traces of blood were found on it.

The judges said that one of Meredith Kercher’s bra clasps, which prosecutors argued carried a trace of Raffaele Sollecito’s DNA, was left on the floor of the murder scene for 46 days, and then “was passed from hand to hand of the workers, who, furthermore, were wearing dirty latex gloves”.

Another man, Rudy Hermann Guede, born in Ivory Coast, was convicted of murder in a separate trial and is serving a 16-year sentence.

The court’s ruling against Rudy Hermann Guede stated that he did not act alone, but the acquittals of Amanda Knox and Raffaele Sollecito mean that no-one now stands convicted of acting with Guede to kill Meredith Kercher.

https://www.youtube.com/watch?v=Z7vANbFNsxI

Toshiba Posts $318 Million Net Loss

Clyde K. Valle
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Toshiba Posts $318 Million Net Loss

Toshiba has posted a net loss of 37.8 billion yen ($318 million) for the year to March.

The delayed result follows the sale of its stake in Finnish company Kone, in a bid to bolster its bottom line amid a recent accounting scandal.

The sale of the 4.6% stake in the lift manufacturer was worth $946.2 million.

Toshiba’s president and vice-president resigned in July after an independent panel found the company had overstated profits for the past six years.

The panel said operating profits had been overstated by $1.22 billion, roughly triple an initial estimate by Toshiba.Toshiba annual loss 2015

Toshiba has apologized to investors and has made attempts to avoid further accounting irregularities.

The company said in a statement that “while the US economy had lost some momentum… the UK had witnessed a strong performance and the eurozone had sustained a gradual recovery”.

Toshiba also said that despite China’s slowdown, solid growth had been seen in South East Asia and India.

During a news conference after the earnings were released, Toshiba also announced that it had decided there was no need to write down the value of its US nuclear operation, Westinghouse.

The accounting scandal had raised concerns that it was overestimating the value of the business.

Toshiba chief executive Masashi Muromachi also said that he was considering a “bold restructuring” of its semiconductor business by the end of the year.

The full-year results posted on September 7 had been delayed twice.

Toshiba shares rose on the earnings by as much as 3.5%, closing higher by 1.8% in Tokyo.

HTC Exits TSWE 50 Index After Share Price Fall

Clyde K. Valle
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0
HTC Exits TSWE 50 Index After Share Price Fall

HTC has been dropped from Taiwan’s TSWE 50 index, following a 66% slide in its share price this year.

The collapse in HTC’s share price means it is not big enough to be included in Taiwan’s TWSE 50 Index.

In June, the smartphone maker said Q2 2015 revenues had halved from the same period last year, resulting in an operating loss of 5.1 billion Taiwanese dollars ($155 million).

Last month, HTC said it would cut 15% of its global workforce.

HTC’s share price is now less than the amount of cash it holds on deposit, which means investors consider the rest of the company to be, in theory, worthless.

Dropping out of the TWSE 50 index may push the share price even lower, as foreign investors are reluctant to hold shares not listed on the main Taiwan index.

HTC was founded in the 1990s and started out manufacturing notebook computers and some of the first touch handheld devices. It also made the world’s first Android smartphone.

Photo HTC
Photo HTC

It has been outgunned at the top end of the smart phone market by Apple, Samsung and LG.

Many blame the outcome on the massive advertising budgets of the market leaders. Samsung alone spent over $60 million on marketing the launch of its new Galaxy S6 smart phone, roughly the same as HTC’s entire annual marketing budget.

Meanwhile, Chinese makers such as Xiaomi and Lenovo have squeezed it at the cheaper end.

Analysts complain that HTC has not innovated enough, claiming for instance that its new HTC One M9 smart phone is almost identical to its former M8.

However, HTC has not been slow to launch new products. It has a fitness tracker called the Grip and recently launched active earphones.

Hours before the Taiwanese stock exchange announced HTC’s ejection from the TWSE 50, the company launched the latest of its Desire smartphone range, the 728, in China.

HTC is also attracting attention with the launch of its virtual reality headset Vive at the end of the year. The company says more than 1,000 developers are working with it on content creation for gaming, entertainment and education apps.

Cher Wang, chairwoman and chief executive of HTC, said: “While the current market climate is challenging, I firmly believe the measures we are putting in place to streamline our operations, improve efficiency and focus, and increase our momentum will start to show results over the coming quarters.”

While HTC is out of the TSWE 50, it will be listed in the smaller Mid-Cap 100 Index, which contains 100 companies, but only 20% of the value of the whole market.

War Room Tops US Box Office with $9.3 Million

Sonia Pantiss
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War Room Tops US Box Office with $9.3 Million

War Room has topped the North American box office chart over the weekend.

The movie about the power of prayer, made by Christian film-makers with an all-Christian cast, cost $3 million to make and earned $9.3 million between Friday and Sunday.

War Room marks the acting debut of Priscilla Shirer, a spiritual speaker and author.

Straight Outta Compton, a biopic of rap group NWA, fell one place to No 2 after spending three weeks in the top spot.War Room box office

War Room was written and directed by Alex and Stephen Kendrick, who have been dubbed “the Spielbergs of Christian cinema” by Variety magazine.

Straight Outta Compton made $8.9 million on its third weekend in US and Canadian cinemas, according to studio estimates.

A Walk in the Woods, an adaptation of a book by travel writer Bill Bryson starring Robert Redford and Nick Nolte, is ranked third with $8.1 million.

Mission: Impossible – Rogue Nation was fourth in this week’s chart, followed by new release The Transporter: Refueled.

The weekend was also a significant one for dinosaur blockbuster Jurassic World, which has now made more than $1 billion outside North America.

Jurassic World is the fourth film to achieve this feat, after Avatar, Titanic and this year’s Fast & Furious 7, according to Hollywood Reporter.

Europe Migrant Crisis: Germany Calls on Other EU States to Help

Diane A. Wade
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Europe Migrant Crisis: Germany Calls on Other EU States to Help

German Chancellor Angela Merkel has said the “breathtaking” flow of migrants into her country will “occupy and change” Germany in the coming years.

Angela Merkel said Germany would speed up asylum procedures and build extra housing, but called on other EU states to help.

In the same time, President Francois Hollande said France would take 24,000 refugees and that quotas for EU states to relocate 120,000 migrants were being planned.

Meanwhile, the flow of migrants across Europe shows no sign of easing.Angela Merkel on migrant crisis

On September 7, large numbers of people were reported to be streaming into Hungary across its southern border with Serbia.

Spanish newspaper El Pais reported on September 7 that 120,000 migrants will be resettled under the proposals, on top of the 40,000 already agreed.

The 160,000 are said to include 66,000 who have arrived in Greece, 54,000 in Hungary and 40,000 in Italy.

Thousands of migrants who had arrived in Hungary made their way through Austria to Germany over the weekend. Those arriving at Munich station were cheered by locals.

Angela Merkel thanked volunteers who had helped and welcomed those arriving, saying they had “painted a picture of Germany which can make us proud of our country”.

However, she said that although Germany was “a country willing to take people in”, it was “time for the European Union to pull its weight”.

Germany – which expects 800,000 asylum requests this year – could face costs of €10 billion next year because of the influx, she added.

New quotas drawn up by the European Commission are set to be unveiled on September 9.

https://www.youtube.com/watch?v=O6lVamN8VN0

Cecil the Lion: Walter Palmer Speaks Publicly for First Time

Nancy Clayson
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Cecil the Lion: Walter Palmer Speaks Publicly for First Time

Walter Palmer, who sparked an international outcry after killing Cecil the lion in Zimbabwe, has said he did nothing wrong and is planning to return to work this week.

Speaking in his first interview since the July killing of Cecil, Walter Palmer said he had been unaware of the lion’s significance.

The Minnesota dentist also revealed that there had been “some safety issues” for his family.

Zimbabwe has said it wishes to extradite and prosecute Walter Palmer.

Speaking publicly for the first time about the incident, Walter Palmer told the Associated Press and Minneapolis Star Tribune acted legally, but said that if he had known who the animal was he would not have killed it.Cecil the lion Walter Palmer interview

“If I had known this lion had a name and was important to the country or a study obviously I wouldn’t have taken it,” Walter Palmer said.

“Nobody in our hunting party knew before or after the name of this lion.”

Walter Palmer, 55, admitted that he wounded the lion with an arrow but denied that it had subsequently taken 40 hours to track down and kill it. He also denied claims by the Zimbabwean authorities that it had been killed by a gun, saying that an arrow had been used.

The dentist is believed to have paid $50,000 to hunt a lion in Zimbabwe’s largest game reserve.

Walter Palmer was forced to cease working following protests outside of his dentistry practice.

He says he intends to return to work because “my staff and my patients support me and they want me back”.

However, Walter Palmer denied that he had been forced into hiding for his own safety.

“I’ve been out of the public eye. That doesn’t mean I’m in hiding,” he said.

“I’ve been among people, family and friends.”

Walter Palmer did reveal that his wife and daughter had faced intimidation.

“They’ve been threatened in the social media, and again … I don’t understand that level of humanity to come after people not involved at all,” he said.

An avid hunter who had previously visited Zimbabwe four times, Walter Palmer did not rule out returning to the country.

“I don’t know about the future,” he said.

“Zimbabwe has been a wonderful country for me to hunt in, and I have always followed the laws.”

https://www.youtube.com/watch?v=WR69iphYOlM

The Wisest Investments of the Year

Dana R
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The Wisest Investments of the Year

Before you invest your money, you need to think about what the wisest investment to make is. Here are some of the best investment options this year.

Mutual Funds

Mutual funds are good for beginners because you don’t have to take any big risks or decisions for yourself. Mutual funds pool together the money of many different investors and then the manager running the operation will invest that cash in bonds and different stocks. It takes out a lot of the risk involved in investing.

You should make sure you check out the experience and track record of the manager before you invest though. Some mutual funds are managed passively and other actively. Actively managed funds are the best option because the manager reacts to trends in the market to find the best results.

Gold

Gold is like a port in the storm. It’s the best investment option for people who don’t like the risks of investing but still want the rewards. Gold goes up and down in value the same as other types of investment. But it’s nowhere near as volatile as other types of investment. This means you won’t lose huge amounts of money if you invest in gold.

Other types of precious metals like silver and platinum are good for investing in as well. If you’re going to invest in silver, make sure it’s 90% Silver. That is the best form of silver to invest in at the moment. Platinum is doing very well on the market at the moment, so don’t rule out that option either.

Stocks

Buying stocks and shares is the most conventional and straightforward form of investment. Playing the stock market isn’t for everyone. You have to be attentive and on the ball at all times. You need to monitor the market and adjust your investments accordingly. This can make it a lot of fun as well though.

When you’re starting out, it’s important to remain cautious. Don’t be tempted to put all your money into one company. You should spread your investments so that you don’t run the risk of losing your cash if they company fails. By spreading your investments across various companies, you’ll be able to handle setbacks.

wise-investment

Image Source

Real Estate

Investing in property takes time and effort, but it can be hugely rewarding as well. You have to start by finding the right property to buy. It should be something with a lot of potential and pulling power on the market. Having said that, it doesn’t need to be in great shape. Look for rough diamonds that you can improve and sell on at a profit.

Once you have your first home bought and renovated, you can rent it out, or you can sell it on immediately. When you have the taste for it, you’ll probably want to go back for more. As your confidence grows, you’ll be able to build up a solid portfolio and make a lot of money in the process.

These options are the best forms of investment in 2015, so think about which one is best for you.

Saudi Arabia Cuts State Spending After Oil Price Collapse

Clyde K. Valle
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Saudi Arabia Cuts State Spending After Oil Price Collapse

Saudi Arabia government has decided to cut spending and delay some state projects after the recent decline in the price of oil, Finance Minister Ibrahim al-Assaf has announced.

Talking to broadcaster CNBC Arabia, Ibrahim al-Assaf said Saudi Arabia was in a good position to manage low oil prices.

Saudi Arabia, the world’s largest oil exporting country, has maintained its production levels despite a collapse in the price of oil.

Oil is trading at less than $50 per barrel, half the price of a year ago.

“We have built reserves, cut public debt to near-zero levels and we are now working on cutting unnecessary expenses while focusing on main development projects and on building human resources in the kingdom,” Ibrahim al-Assaf said in the interview.Saudi Arabia economy 2015

Some areas of the economy will still receive investment, the finance minister said, as Saudi Arabia tries to improve industries outside energy.

“Projects in sectors such as education, health and infrastructure are not only important for the private sector but also for the long-term growth of the Saudi economy,” he said.

Ibrahim al-Assaf did not give details of where cuts would happen.

It may issue bonds, or Islamic bonds known as sukuk to finance some spending, Ibrahim al-Assaf said.

The kingdom of Saudi Arabia has more than $600 billion in reserves it can draw upon should expenditure outstrip income from oil exports.

https://www.youtube.com/watch?v=zpJ2VjFssfA

China Stock Markets Volatile After Four-Day Weekend

Clyde K. Valle
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China Stock Markets Volatile After Four-Day Weekend

The Chinese markets were volatile for much of September 7 as mainland stock exchanges reopened following a four-day weekend.

The Shanghai Composite traded erratically, but closed down by 2.5% to 3,080.42 points.

The market volatility in China came as the country’s National Bureau of Statistics revised its annual economic growth rate for 2014 to 7.3%, down from 7.4%.

Hong Kong’s benchmark Hang Seng index closed down 1.2% to 20,583.52.

Mainland shares have fallen 40% since mid-June when the sell-off began, while Chinese regulators continue to take more steps to stabilize erratic trading.

China’s central bank governor, Zhou Xiochuan, told financial leaders at the G20 summit over the weekend that the markets had almost completed their correction after a steep rise in the first half of the year.

Photo Getty Images
Photo Getty Images

“The stock market adjustment is already roughly in place and financial markets can be expected to be more stable,” Zhou Xiochuan said in a statement from Turkey.

Other Asian markets were mixed on September 7 despite stocks in the US, which headed lower on before weekend after US jobs figures were released.

Friday’s much-anticipated jobs figures showed unemployment fell to 5.1% last month, the lowest since April 2008.

The jobs report is the last before the Federal Reserve meets later this month to decide whether to increase interest rates.

Japan’s benchmark Nikkei opened lower on September 7, down 0.65%, but finished the day closing up 0.38% at 17,860.47.

In Australia the S&P/ASX 200 closed down 0.2% at 5,030.40, while South Korea’s Kospi benchmark index closed down 0.15% at 1,883.22 points, after closing down 1.5% on September 4.

Guatemala Elections 2015: Jimmy Morales Leads Presidential Vote After Early Results

Diane A. Wade
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Guatemala Elections 2015: Jimmy Morales Leads Presidential Vote After Early Results

Guatemalan actor Jimmy Morales is leading in the country’s presidential poll, early results have showed.

Jimmy Morales, who has campaigned against corruption, has about 25% of the vote so far, with a centre-right businessman, Manuel Baldizon, on 21%.

If no candidate wins more than half the votes, a second round will be held.

Voting took place on September 6, days after the resignation and arrest of President Otto Perez Molina over corruption allegations.

A new congress is also being elected.Guatemala elections 2015 Jimmy Morales

Many voters had called for the polls to be postponed in the wake of the allegations.

If no candidate wins 50% of the vote, the second round of voting will take place on October 25.

“Guatemala wants change and to not be governed by people with dark pasts,” said Jimmy Morales after voting near Guatemala City.

“Guatemala wants to live in peace. Guatemala wants elections,” Manuel Baldizon told journalists after casting his vote.

There had been calls for Guatemalans to wear black clothes of mourning as they cast their vote, amid skepticism that the poll could achieve political change.

Voters queued from the early hours to cast their ballots.

Electoral authorities said 50% of voters had cast their ballots five hours after polls opened.

Some 7.5 million people were eligible to vote in the polls.

Prosecutors accuse Otto Perez Molina of masterminding a scheme in which businessmen paid bribes to evade customs charges. The former president denies involvement.

https://www.youtube.com/watch?v=sBy6hK-imGw

North Korea and South Korea Hold Talks on Organizing Family Reunions

Diane A. Wade
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North Korea and South Korea Hold Talks on Organizing Family Reunions

South Korea and North Korea are conducting talks on organizing a rare reunion for families separated by the Korean War.

The talks are being held at the border village of Panmunjom by Red Cross officials from both sides.

Thousands of Korean families have been separated with little contact made since 1953 when hostilities ended.

The sporadic reunions depend hugely on the state of relations, and North Korea is known to have canceled a few. The last reunion was held in February 2014.Korean family reunion

Each meeting gets deluged by tens of thousands of applications from South Korea, but only a tiny percentage gets selected. The last meeting saw 100 from each side attending, in a hugely emotional event.

The discussions come after a tense few weeks on the Korean peninsula, which saw exchanges of fire at the border and the evacuation of thousands of South Koreans from the border region.

The tensions began when a border landmine injured two South Korean soldiers – South Korea responded by broadcasting propaganda messages into North Korea.

The two sides reached an agreement to defuse the situation after marathon talks.

North Korea, which denied planted the mine, agreed to express “regret” about the incident – though later clarified this was an expression of sympathy not an apology.

South Korea and North Korea remain technically at war as the Korean War only ended in an armistice.

New Test Shows How Your Body Is Aging

Kathryn R. Bown
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New Test Shows How Your Body Is Aging

Scientists at King’s College London say they have developed a way of testing how your body is aging.

They say it could help predict when a person will die, identify those at high-risk of dementia and could affect medicine, pensions and insurance.

The team says that looking at “biological age” is more useful than using a date of birth.

However, the work, published in Genome Biology, provides no clues as to how to slow the aging process.Ageing test study

The test looks for an “ageing signature” in the body’s cells by comparing the behavior of 150 genes.

It was developed by initially comparing 54,000 markers of gene activity in healthy, but largely sedentary, 25 and 65-year-olds and then whittling them down to a final 150.

The team said “health” and “age” were two separate entities.

While some lifestyle decisions, like spending all day on the sofa, could be bad for your health they do not appear to affect the speed your body ages.

The team believes combining lifestyle factors and your biological age would give a more accurate picture of your health.

The researchers tried the test out on samples from a group of 70-year-old men in Sweden.

They worked out who was ageing well and who was ageing very rapidly and were able to predict who would die in the next few years.

The researchers say it could also alter cancer screening, with people who are ageing rapidly needing to be screened at a younger age.

The test could also form a “useful tool” in predicting the onset of dementia.

The research group at King’s College London are aware that being able to check your biological age could have wide-ranging consequences from pensions to insurance premiums.

War on Terrier: Amber Heard’s Australia Dog-Smuggling Case Adjourned

Lisa.Felice
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War on Terrier: Amber Heard’s Australia Dog-Smuggling Case Adjourned

An Australia case to hear dog-smuggling charges against Amber Heard has been adjourned.

Johnny Depp’s wife had been ordered to appear in an Australian court on September 7 on charges of failing to declare her terrier dogs to Customs officials.

Amber Heard failed to appear but the case has now been adjourned until November 2.

She faces a possible 10-year jail term or a hefty fine for illegally importing the dogs into Australia and of producing a false document.

The discovery of the dogs in a Gold Coast mansion where Johnny Depp and Amber Heard were staying earlier this year sparked a public spat with Australia’s Agriculture Minister, attracted international media attention and was dubbed the #WarOnTerrier by social media.

Photo Today
Photo Today

Johnny Depp does not face any charges over the dogs.

Australia has strict quarantine laws to prevent diseases being imported into the island nation.

Amber Heard was spotted over the weekend supporting her husband at the Venice Film Festival.

The dogs, Boo and Pistol, are understood to have arrived in Australia on board Johnny Depp’s private jet in April this year.

Johnny Depp was in Australia filming the fifth movie in the Pirates of the Caribbean franchise on Australia’s Gold Coast.

At the time, Agriculture Minister Barnaby Joyce said the dogs would be put down if they stayed.

The dogs left the country unharmed a few days later.

Johnny Depp recently took aim at Barnaby Joyce at a press conference in Venice.

“I killed my dogs and ate them under direct orders from some kind of, I don’t know, sweaty, big-gutted man from Australia,” Johnny Depp said.

https://www.youtube.com/watch?v=fdCw0M3q1T8

Europe Migrant Crisis: Austria to Restore Spot Checks

Diane A. Wade
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Europe Migrant Crisis: Austria to Restore Spot Checks

Austria is planning to phase out special measures that have allowed thousands of migrants to travel freely from Hungary to Western Europe, Chancellor Werner Faymann said.

The emergency measures for asylum seekers will be removed “step by step”, the chancellor added.

The easing of rules has meant thousands have been able to leave Hungary for Austria and Germany over the weekend.

Germany, where most of the migrants are heading, warned that its willingness to help “should not be overstretched”.

The German interior ministry said the decision to allow migrants in over recent days was an exception and that the EU’s rules requiring asylum seekers to be processed in the first country they arrived in remained valid.

Chancellor Werner Faymann issued his statement after speaking by phone with German Chancellor Angela Merkel and Hungarian PM Viktor Orban on September 6.

Photo AP
Photo AP

“We have always said this is an emergency situation in which we must act quickly and humanely,” the Austrian chancellor said.

“We have helped more than 12,000 people in an acute situation. Now we have to move step-by-step away from emergency measures towards normality,” he added.

The change means that Austria will restore spot checks on those entering the country, as it had before the weekend.

On September 6, a group of cars driven by German and Austrian activists travelled to Hungary to pick up migrants and distribute food.

Hungarian police said anyone taking people across the border was breaking the law on people smuggling – although the activists were able to collect migrants without being stopped.

The crisis took a dramatic turn on September 4, when Hungary removed restrictions on transit and helped migrants reach the Austrian border.

On September 5, about 10,000 people travelled by bus, train and on foot to Vienna, with many continuing to Munich and other German cities.

Thousands more were allowed to travel from Hungary to Austria and Germany on September 6.

The migrants had travelled north through the Balkans – Greece, Macedonia and Serbia – before arriving at Hungary’s southern border.

Sarah Palin Wants to Be Named Energy Secretary Under Donald Trump Presidency

Diane A. Wade
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Sarah Palin Wants to Be Named Energy Secretary Under Donald Trump Presidency

Former Alaska Governor Sarah Palin has said she would like to serve as energy secretary in a Donald Trump administration in order to abolish the department.

Sarah Palin told CNN that “energy is my baby”.

“Oil and gas and minerals, those things that God has dumped on this part of the Earth for mankind’s use,” the conservative activist said.

Donald Trump said in July he would be open to the possibility of Sarah Palin serving in his government.

Photo AP
Photo AP

Sarah Palin said she wanted individual states to “start having more control over the lands that are within their boundaries” with respect to their energy policy.

“If I were in charge of that, it would be a short-term job,” she said.

Sarah Palin also defended Donald Trump over recent criticism of gaps in his knowledge of foreign affairs.

“I think I’d rather have a president who is tough and puts America first than can win a game of Trivial Pursuit,” she said.

“But I don’t think the public gives a flying flip if somebody knows who, today, is a specific leader of a specific region or a religion or anything,” Sarah Palin added.

Donald Trump has recently been leading polls for the Republican presidential nomination.

Sarah Palin was the Republican nominee for vice-president in 2008.

https://www.youtube.com/watch?v=gejROvp2bxg

Guatemala Elections 2015: Voters Heading to Polls amid Political Crisis

Diane A. Wade
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Guatemala Elections 2015: Voters Heading to Polls amid Political Crisis

Voters in Guatemala are heading to the polls in presidential elections amid a deep political crisis.

Former President Otto Perez Molina resigned this week and was swiftly arrested over a customs fraud scheme.

Many people in the Latin American country have called for the polls to be postponed in the wake of the allegations.

Photo Reuters
Photo Reuters

Leading contenders include centre-right businessman Manuel Baldizon and comic actor Jimmy Morales.

If no candidate wins 50% of the vote there will be a second round of voting on October 25.

There have been calls for Guatemalans to wear black clothes of mourning as they cast their vote, amid skepticism that the poll can achieve political change.

Prosecutors accuse Otto Perez Molina of masterminding a scheme in which businessmen paid bribes to evade customs charges. The former president denies involvement.

https://www.youtube.com/watch?v=VLPAY_8xg4g

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