Minergy Limited (MIN.bw) listed on the Botswana Stock Exchange under the Mining sector has released it’s 2017 abridged results.For more information about Minergy Limited (MIN.bw) reports, abridged reports, interim earnings results and earnings presentations, visit the Minergy Limited (MIN.bw) company page on AfricanFinancials.Document: Minergy Limited (MIN.bw) 2017 abridged results.Company ProfileMinergy Corporation Limited is a coal mining and trading company which supplies quality coal to industrial concerns and Independent Power Producers (IPPS) in Botswana. The Group structure consists of three entities: Minergy Limited, the listed company; Minergy Coal (Pty) Limited, the mining activities in Botswana; and MinSales (Pty) Limited, the South African-based marketing arm of Minergy Corporation Limited. The main activity of the Group centres around the Masama Project which operates in the Mmamabula Coalfield. The shallow opencast mine produces high quality coal within a competitive cost structure due to its size and location to the regional markets. The Masama Project produces large tonnages of coal that is suitable for export to Africa, India, Asia and China.
Enter Your Email Address Two FTSE 100 dividend stocks I’d buy in March Image source: Getty Images. Simply click below to discover how you can take advantage of this. Our 6 ‘Best Buys Now’ Shares Edward Sheldon, CFA | Thursday, 4th March, 2021 | More on: BA ULVR Get the full details on this £5 stock now – while your report is free. Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. FTSE 100 dividend stocks play a key role in my investment portfolio. Not only do they provide me with regular passive income, but they also provide my portfolio with a degree of stability.Here, I’m going to highlight two FTSE 100 dividend stocks I’d be happy to buy for my portfolio today. Both stocks are reliable dividend payers and currently offer attractive yields.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…A top FTSE 100 dividend stockOne FTSE 100 dividend stock that strikes as a buy right now is Unilever (LSE: ULVR). It’s a leading consumer goods company that owns a wide range of well-known brands such as Dove, Persil, and Ben & Jerry’s. Analysts expect a dividend payout of €1.70 per share for FY2021 here. That equates to a yield of a very healthy 3.8% at the current share price. There are a number of things I like about Unilever from a dividend investing perspective. Firstly, the company is relatively recession-proof. This is illustrated by the fact that last year, earnings only fell 2.4%. Companies that are recession-proof tend to be reliable dividend payers. Secondly, it has an outstanding dividend track record – it has compounded its dividends by around 8% per year since the early 1950s.Of course, Unilever is not perfect. One concern I have is that growth has slowed recently. Over the last three years, sales have declined. If growth does not pick up soon, the dividend payout could be reduced. The stock could also be at risk from the shift into more cyclical ‘reopening’ stocks we are seeing right now.Overall however, I think this FTSE 100 dividend stock looks attractive at present. I think Unilever’s forward-looking P/E ratio of 17.5 is quite reasonable given the company’s track record.A 4.9% dividend yieldAnother FTSE 100 dividend stock I’d snap up today is BAE Systems (LSE: BA). It’s a leading defence, aerospace, and security company. Analysts expect a dividend payout of 24.7p per share for FY21. That equates to a very attractive yield of 4.9% at the current share price.BAE Systems, like Unilever, is quite a ‘defensive’ stock. Because the company’s revenues are largely government-backed, it doesn’t tend to suffer from sudden sharp earnings contractions. Last year, the company held up pretty well, bar some supply-chain difficulties in the first half of the year. Overall, earnings per share were up 2% for the year, which is an impressive performance, all things considered.BAE is another company with a solid dividend track record. It’s worth noting that it did postpone its final dividend for 2019 last year due to Covid-19 uncertainty. However, it recently announced that it would pay this dividend (13.8p per share) in the near future, along with a final dividend of 14.3p for 2020. Before last year’s dividend postponement, the company had registered 15 consecutive dividend increases.One risk here is that US defence budgets could be cut. This could impact BAE’s revenues and earnings. Debt has also increased significantly recently after the group made two key acquisitions last year.However, with the stock currently trading on a rock-bottom P/E ratio of just 10, I feel that these risks are priced-in. I’d buy this FTSE 100 dividend stock today. See all posts by Edward Sheldon, CFA Are you on the lookout for UK growth stocks?If so, get this FREE no-strings report now.While it’s available: you’ll discover what we think is a top growth stock for the decade ahead.And the performance of this company really is stunning.In 2019, it returned £150million to shareholders through buybacks and dividends.We believe its financial position is about as solid as anything we’ve seen.Since 2016, annual revenues increased 31%In March 2020, one of its senior directors LOADED UP on 25,000 shares – a position worth £90,259Operating cash flow is up 47%. (Even its operating margins are rising every year!)Quite simply, we believe it’s a fantastic Foolish growth pick.What’s more, it deserves your attention today.So please don’t wait another moment. FREE REPORT: Why this £5 stock could be set to surge I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Edward Sheldon owns shares in Unilever and Diageo. The Motley Fool UK has recommended Unilever. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors.
Here’s why I’d buy shares in Primark owner ABF I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. “This Stock Could Be Like Buying Amazon in 1997” Enter Your Email Address It’s a long-established company, having listed on the London Stock Exchange in 1994. Plus, it’s still family controlled. For all these reasons, I like this company and would happily add ABF shares to my Stocks and Shares ISA. See all posts by Kirsteen Mackay Kirsteen has no position in any of the shares mentioned. The Motley Fool UK has recommended Associated British Foods. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. Our 6 ‘Best Buys Now’ Shares Image source: Getty Images Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. Simply click below to discover how you can take advantage of this. Kirsteen Mackay | Monday, 17th May, 2021 | More on: ABF As soon as shops reopened last month, queues could be seen outside Primark. It’s a hugely popular part of the high street and a mainstay for many. It’s not possible to buy shares in Primark outright, but it’s possible to invest in its parent company Associated British Foods (LSE:ABF). Uncertainty lies ahead while Covid-19 lingers, but the £19bn company has a powerful brand in Primark. Therefore, I think it’s likely to enjoy a strong recovery over time. The ABF share price has endured a volatile year. But since hitting a low of £16.18 in October, it has risen 41%. What does Associated British Foods do?FTSE 100 constituent ABF also has a food ingredients division from which it sells yeast, bakery and speciality ingredients for the food, feed and pharmaceutical industries. It’s the largest sugar producer in Africa and the sole processor of UK sugar beet. Additionally, it has an agricultural division and a grocery division. Well known ABF brands include Twinings, Silver Spoon and Kingsmill, but its crowning glory is fast fashion chain Primark. Unfortunately, Primark doesn’t have an online division so the forced closure of its shops in lockdown destroyed a major ABF revenue stream in 2020 and earlier this year. In fact, Primark closures amounted to losses nearing £650m.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…Going forward, the company is planning on focusing more intently on Primark maternity, baby and home (as well as its usual focus). These are areas with an evergreen target market seeking affordable goods. I also think this shows ABF is making the most of areas previously dominated by competitors. With Covid-19 destroying so many high street retailers, Primark is primed to fill any gaps. Why I’d buy ABF sharesI’m really impressed by the power of the Primark brand and don’t see that diminishing any time soon. Meanwhile, commodity prices are rising, and I believe pressure on agriculture to meet rising food demands spells further growth for the wider group too. The company noted a rise in profits across all its food segments, Grocery, Sugar, Agriculture and Ingredients, last year. Although this may well decline as the reopening encourages people to eat out.During its recent April earnings call, company executives noted they’re reassuringly seeing signs of a consumer boom rather than a recession in Australia. This was particularly noticeable in its Twinings range where ABF is a market leader in the Australian tea market. The board must feel a certain level of confidence as it’s committed to paying back £121m in government furlough money and reintroduced a dividend at 6.2p.Of course, buying ABF shares is not without risk. The group remains at the mercy of Covid-19 and is also under pressure to reduce its carbon footprint. It must also ensure it meets environmental, social, and corporate governance (ESG) standards that are becoming an ever more prominent concern for shareholders. The ABF share price has only risen 3% year-to-date, which is less than the FTSE 100 at 7%.
LATEST RUGBY WORLD MAGAZINE SUBSCRIPTION DEALS Wales and Lions centre Jamie Roberts is taking a well-earned rest after a bruising season but he took time to catch up with RW about the best midfielders he’s played with, or against Dapper: Jamie Roberts at T.M.LewinSince making his debut as a wing in 2008, Jamie Roberts has gone on to play in 63 Tests for Wales and tour with the Lions on two occasions. In that time he has faced his fair share of classy midfielders who have continued to set the standard for midfield play.So who does Racing Metro’s current No 12 feel is the finest of them all. RW caught up with him, replete with fresh battle wounds, in London, to pick his brains…Best at the contact area: Brian O’Driscoll“Brian has transformed the role of the centre into that of an extra backrow. If you watch him play, he makes a tackle and then he’s straight back up on his feet, or jackaling for the ball. He is also so important because he gets turnovers in a way Gethin Jenkins does for Wales. He has a low centre of gravity and it’s clear he has worked very hard on that part of his game. There’s nothing flashy about Brian, he rarely misses tackles and put the graft in. His vast experience in his latter years bought him an extra second on the pitch and he used it adroitly. A lot of us have learnt from the way he plays and he will be a massive miss on the international scene.”Best playmaker: Matt Giteau“I’ve had the privilege of playing against Matt a few times, I think he’s one of the greatest 12’s playing in world rugby, either at a club or for the Wallabies. He’s completely different to the likes of myself of myself, Mathieu Bastareaud, Stirling Mortlock or Ma’a Nonu. He’s more of a second five eighth who’s a great distributor of the ball. He’s very quick and very agile and I like the way he challenges the line and gives an inside show and go. Looking at his game, you can tell he’s played lots of sports growing up, he has a varied skill-set, an awareness of space and a decent kicking game, as we saw in the Heineken Cup final. In fact, I can’t believe Australia don’t pick him, I know they have their policy on overseas players but I think he’s a very special player indeed.”https://www.youtube.com/watch?v=oGrjfnIJscsBest linebreaker: Jonathan Davies “A key part of being a midfielder is being able to break the line, whether you do that by attacking the inside shoulder, or with your power game. The outside break is a massive attacking tool of being a centre. My midfield partner Foxy has developed that to an art. He’s always had the ability to beat players on the outside, when you put him away on the outside arc. Like Brian, he has that low centre of gravity and a hammer-fend. You know when you play with him, or against him, that he’ll make a line break every game so you’ve got to stay on his shoulder. He’s evolved since the Lions tour, and to know he was picked as the best of the best gave him more confidence and belief. He’s now become an integral part of the Wales set-up and trusty left peg gives an added weapon. I look forward to seeing him in France. I think he’ll do very well in Clermont.”Best for power: Ma’a Nonu“When I was growing up, Ma’a Nonu was one of those players, who at 23 or 24, was scary. In international rugby it’s all about winning collisions and getting on the front foot, which is what he gave New Zealand in his first 30 or 40 caps. It was about giving him space, putting him on inside shoulders. A lot of what I saw in myself was the game he played. My role in the team was getting a flow to the attack. He has improved his kicking, passing and distribution over time and that’s something I will endeavour to keep working on. You know you have to be at the top of your game when you play Ma’a because he’s so abrasive and to make yards with him in defence. I remember swapping jerseys with him in 2008 when we had the Haka stand-off with the All Blacks which was a big moment for me.”https://www.youtube.com/watch?v=_JsPjRxV_7IBest for game management: Conrad Smith Power game: Jamie Roberts crashes over in the thrilling Second Test against the Springboks “If you could label him, it’d be to call him ‘the thinking man’s centre’. You watch how he plays, his lines of running, his timing hitting the line, clever support play, reading of defensive chinks. You can tell he’s a very intelligent player. In many ways, he’s the perfect foil for Nonu. He’s been the best in the world at what he does for the last 10 years and that’s some achievement in an All Blacks shirt. He’s also a bit of an unsung hero, like an Allan Bateman or a Will Greenwood, but not by me. He’s a quality player.”Jamie Roberts was speaking at the T.M.Lewin store in London where the Welsh Rugby Union named the 115 year-old shirt maker and tailoring expert as their Official Formalwear Supplier until 2018
By a UFCW stewardLandover, Md.Food and Commercial Workers Local 400, joined by other unions, community organizations and half a dozen religious leaders, took to the streets May 11. They marched to Giant Food’s headquarters to demand full disclosure of the secret sale of eight Giant Food supermarkets that currently have contracts with UFCW Local 400.Local 400 President Mark Federici told affected union members that Giant has disclosed no more than what was known six weeks ago about the behind-closed-doors deal-making Giant is engaged in with other big grocery chains. He characterized politicians that the union has approached about the matter as only “talking about good jobs” and in reality “doing nothing” to save union jobs.“We get nothing but disrespect from corporate America,” Federici asserted, pointing out that corporations like Giant “can only make big deals because of our hard work!” Local 400 represents 35,000 members in retail food, food processing, health care, and other industries and services from Maryland to Tennessee.Local 400 members this writer spoke to speculated that the two Maryland and six Virginia stores could be going to Kroger or Ahold. Local 400 is in a bitter battle with Kroger at the bargaining table right now. As for Ahold, one union member, addressing the crowd of about 300, said, “If [nonunion] Ahold gets control, we’ll go from a middle-class salary to a Section 8 salary.”The last speaker before the crowd took to the streets was well-known internationalist, the Rev. Graylan Hagler. With the other clergy standing behind him, he declared, “The rich will take away from you anything you’re not willing to fight for. We won’t back down. We stand arm-in-arm to turn back the forces of evil.”The rally outside Giant’s headquarters was addressed by Teamsters Local 730 President Ritchie Brooks: “Usually it’s us coming to the UFCW to ask for your help. We’re your comrades. Let us know and we’re there for you.” Several speakers, including AFL-CIO Metro Washington Council Executive Director Carlos Jimenez, berated the Federal Trade Commission for allowing Giant to sell out to the highest bidding conglomerate.By not stopping increased monopolization of the food industry, the FTC has partnered with the capitalists responsible for ever-increasing food prices in a period when the price of gasoline — the industry’s previous excuse for raising food prices — has been down in the bust half of the economic cycle. As bluntly put by one speaker, “The FTC is closing us down.” Several more speakers, including Local 400’s president, repeated this theme.The Democratic Party-controlled state government in Annapolis recently defeated legislation proposed by the UFCW to have labor law apply to airport SuperShuttle drivers who are exploited as “independent contractors” at less than the minimum wage.This new betrayal by the government’s FTC appointees shows that, once again, the political party that repeats ad nauseam that it’s “for the workers” has other allegiances.Unsure about whether any or all of the eight stores will close or will reopen with new hires or the present union workforce, what the rank and file most often wrote on the signs they marched with was “SAVE OUR STORES.”Among the other unions marching in solidarity were sister UFCW Locals 27 and 1994, Teamsters Locals 730 and 639, Amalgamated Transit Union Local 689 and Service Employees Local 32BJ.For more information on Facebook: #savemystoreFacebookTwitterWhatsAppEmailPrintMoreShare thisFacebookTwitterWhatsAppEmailPrintMoreShare this
August 25, 2020 Find out more RSF_en TajikistanEurope – Central Asia Receive email alerts Journalist loses accreditation over report about Tajikistan’s president News Tajikistan imposes total control over independent broadcast media TajikistanEurope – Central Asia #CollateralFreedom: RSF unblocks eight sites censored during pandemic May 14, 2021 Find out more Organisation News Access to the leading independent news website Asia-Plus has been blocked for the third time in two months. It was last blocked on 23 July (see below) and had only just been restored when it was blocked again yesterday. Tajikistan’s Internet Service Providers are doing the blocking at the behest of the Communications Agency, which cites “technical reasons.”The Russian news agency RIA-Novosti’s website has also been blocked, joining YouTube, two other Russian news sites (Lenta.ru and Vesti.ru), two news portals specializing in Central Asia (Fergananews.com and Centrasia.ru) and the local forum Pamir-vesti.ru, all of which have been filtered and blocked in recent days.Access to the BBC’s website was blocked on 30 July and restored the next day.“Tajikistan already came close to being added to the list of countries ‘under surveillance’ in our last ‘Enemies of the Internet’ report in March and now the government is clearly doing everything possible to make sure it is added next year, regardless of the negative impact this would have on the country’s image,” Reporters Without Borders said.“By making increasingly systematic use of cyber-censorship, Tajikistan is falling in line with his Central Asian neighbour Kazakhstan and could eventually catch up with neighbouring Uzbekistan and Turkmenistan, which practice even more drastic forms of online censorship.”The management of Asia-Plus has voiced frustration with the repeated blocking and with the resulting financial losses and damage to its reputation. Its executive director said Asia-Plus would conduct no more negotiations with the head of the Communications Agency, Beg Zukhurov, because the agreements reached in the past had not been respected.The surge in website blocking coincided with violent clashes between government forces and armed groups in Khorog, the capital of the southern autonomous province of Gorno-Badakhshan, which neighbours Afghanistan. It is very hard to establish the exact situation in Khorog but it seems to have calmed down in the past few days and the army has begun to withdraw. Dozens of people are thought to have died in the clashes but there is a great deal of variation in the casualty estimates. News Follow the news on Tajikistan Help by sharing this information August 2, 2012 – Updated on January 20, 2016 Massive Internet censorship could add Tajikistan to “countries under surveillance” November 6, 2020 Find out more (Picture: Asia-Plus)—–25.07.2012 – Access to one of Tajikistan’s main news sites blocked againReporters Without Borders deplores the blocking two days ago of access to thenews site news.tj, the portal of one of Tajikistan’s biggest independent newsorganizations Asia Plus, by all Internet service providers on government orders.“This act of censorship unfortunately is part of the continuing wave of websiteblockages that we condemned in March,” the press freedom organization said.“The arbitrary blocking of access to websites by the telecommunications ministryis unacceptable. We urge the government to stop putting pressure on Internetservice providers and to restore access to all news sites affected by this masscensorship as soon as possible.”Access to the Asia Plus website was blocked on the evening of 23 July. Thesite’s editorial staff were told of the blocking order by its service provider whichwas responding to a request by Beg Zuhurov, the director of communications,who had given the order to cut access to the site by text message.Editorial staff say they never received a statement from the government givingthe official reasons for the blockage. They made a number of attempts to contactthe minister directly without success.A few days earlier, the site published several articles about a conflict betweengovernment forces and rebels in the eastern region of Badakhshan, during whichthe general in charge of special services, Abdullo Nazarov, was stabbed todeath.It is the second time access to the site has been blocked by the governmentin the past two months. The previous blockage, which lasted a week, was inresponse to a comment made by an Internet user. In March this year, access tothe sites zvezda.ru, tkjnews.com, maxala.org and centrasia.ru was also blocked.The government is tightening its control over the Web in the run-up to thepresidential election next year.Last week, the communications ministry informed journalists that a group ofIT experts would be formed in the near future to monitor undesirable content.The mission of this “citizens’ organization”, once it is registered with the justiceministry, will be to filter out all comments found to be insulting or defamatorytowards those in power.In this manner, the government hopes forestall the use by Internet users of proxyservers to get around censorship and access the content of blocked sites.Tajikistan is in 123rd place of 179 countries listed in the 2011-2012 World PressFreedom Index compiled by Reporters Without Borders. to go further News
Facebook WhatsApp Facebook Pinterest US needs to brace itself for more deadly storms, experts say Twitter By MATTHEW DALY and ELLEN KNICKMEYERASSOCIATED PRESSWASHINGTON (AP) — Deadly weather will be hitting the U.S. more often, and America had better get better at dealing with it, experts said Wednesday as Texas and other states battled winter storms that blew past the worst-case planning of utilities, governments and millions of shivering citizens. This week’s storms — with more still heading east — fit a pattern of worsening extremes under climate change and demonstrate anew that local, state and federal officials have failed to do nearly enough to prepare for greater and more dangerous weather. At least two dozen people have died this week, including from fire or carbon monoxide poisoning while struggling to find warmth inside their homes. In Oklahoma City, an Arctic blast plunged temperatures in the state capital as low as 14 degrees below 0 (-25 Celsius). “This is a different kind of storm,” said Kendra Clements, one of several businesspeople in Oklahoma City who opened their buildings to shelter homeless people, some with frostbite, hypothermia and icicles in their hair. It was also a harbinger of what social service providers and governments say will be a surge of increased needs for society’s most vulnerable as climate and natural disasters worsen. Other Americans are at risk as well. Power supplies of all sorts failed in the extreme cold, including natural gas-fired power plants that were knocked offline amid icy conditions and, to a smaller extent, wind turbines that froze and stopped working. More than 100 million people live in areas under winter weather warnings, watches or advisories, and blackouts are expected to continue in some parts of the country for days. The crisis sounded an alarm for power systems throughout the country: As climate change worsens, severe conditions that go beyond historical norms are becoming ever more common. Texas, for example, expects power demand to peak in the heat of summer, not the depths of winter, as it did this week. The dire storms come as President Joe Biden aims to spend up to $2 trillion on infrastructure and clean energy investment over four years. Biden has pledged to update the U.S. power grid to be carbon-pollution free by 2035 as well as weatherize buildings, repair roads and build electric vehicle charging stations. “Building resilient and sustainable infrastructure that can withstand extreme weather and a changing climate will play an integral role” in creating jobs and meeting Biden’s goal of “a net-zero emissions future,” White House press secretary Jen Psaki said Wednesday. The storms are big news this week, especially in light of their effect on COVID-19 vaccinations as well as freezing Americans, but that doesn’t mean they won’t become more common, experts say. “This definitely was an anomaly,” but one that is likely to occur more frequently as a result of climate change, said Sara Eftekharnejad, assistant professor of electrical engineering and computer science at Syracuse University. “There probably needs to be better planning, because we’re starting to see more extreme weather events across the country,” she said, whether it’s severe cold in Texas or the intense heat wave in California last year that fueled deadly wildfires. Better forecasting — both short-term and long-term — would help avoid catastrophic failures such as the current outages in Texas and other states, as would large-scale storage systems that can supply electricity when demand spikes and a greater diversity of power sources, Eftekharnejad and other experts said. Climate change also is hurting military readiness. Damage from a 2018 hurricane at Tyndall Air Force Base in Florida and 2019 flooding at Nebraska’s Offutt Air Force Base, for example, led the Pentagon to send service members as far away as Britain to train. Another 2018 hurricane that hit North Carolina’s Camp Lejeune, home to one-third of the U.S. Marine Corps’ capability, caused enough damage to degrade training overall, senior U.S. military authorities concluded. Hardening military installations against worsening natural disasters will cost trillions. But it has to be done, said Joan VanDervort, a former longtime Defense Department climate expert now with the Center for Climate and Security think tank. “We have eyes overseas that are looking at our vulnerability and seeing how we respond. … There are enemies out there that will certainly take advantage of it.” Michael Craig, an assistant professor of energy systems at the University of Michigan, said the events in California and Texas show that “what we have now is not going to do it in the face of climate change. It’s only going to get worse from here.” The disaster in Texas and other states “is a reminder that our nation’s critical infrastructure is vulnerable to extreme weather events and we can no longer turn a blind eye to the resiliency investments needed to protect it,” said Sen. Tom Carper, D-Del., chairman of the Senate Environment and Public Works Committee, who met with Biden at the White House last week. “The cost associated with addressing climate change and improving our infrastructure’s resilience is always going to be less than the cost of rebuilding or failing to act,” Carper said. Meanwhile, federal regulators are looking into the operations of the bulk-power system during the severe winter storm that affected states from Louisiana to Minnesota. In Texas, where wind power is a growing source of electricity, the wind turbines generally are not equipped to withstand extended low temperatures, as they are in Iowa and other cold-weather states. Modifying the turbines slightly to withstand freezing temperatures is one step needed to confront climate change, said Roy McCann, professor of electrical engineering at the University of Arkansas. While some Republican politicians, including Texas Gov. Greg Abbott, have tried to pin blame on wind and solar power for the outages, traditional thermal power plants, which rely mostly on natural gas, provide the bulk of power in the state and were the larger problem. “The entire system was overwhelmed,” said Joshua Rhodes, a research associate on energy issues at the University of Texas. ——— Knickmeyer reported from Oklahoma City.Copyright 2021 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission.Scott Blocker uses a blower to clear the sidewalks of snow in front of a shopping center on Camp Bowie Blvd. Wednesday, Feb. 17, 2021, in Fort Worth, Texas.Mike Simons TAGS By Digital AIM Web Support – February 17, 2021 Twitter Pinterest Local NewsStateUS News Previous articleCockburn, Dosunmu lead No. 5 Illini past Northwestern 73-66Next articlePandemic politicking: Israel’s election sprint echoes US’s Digital AIM Web Support WhatsApp
75 positive cases of Covid confirmed in North The government’s been criticised over the spiraling costs of employing agency staff at Letterkenny General Hospital.Deputy Pearse Doherty says between 2011 and the end of last year, the amount of money spent on agency staff at the hospital had more than doubled.He says the public service recruitment embargo has created a situation where the amount of money which hospitals have had to spend to employ agency staff such as nurses, doctors and consultants has ballooned.In 2010, he says almost €3 million was spent on agency staff. Four years later, that had risen to €6.7 million under the current Government parties.Deputy Doherty says the legacy of the recruitment embargo has been spiraling wage costs and chronic understaffing…………….Audio Playerhttp://www.highlandradio.com/wp-content/uploads/2015/11/pearseembargo.mp300:0000:0000:00Use Up/Down Arrow keys to increase or decrease volume. Further drop in people receiving PUP in Donegal Facebook Facebook Twitter Pinterest Google+ Homepage BannerNews Twitter WhatsApp Pinterest By admin – November 16, 2015 Google+ Previous articleSuccess for Derry, Strabane and Gortahork in Pride of Place awardsNext articleSentence imposed on Shaun Kelly found to be “unduly lenient” admin Gardai continue to investigate Kilmacrennan fire RELATED ARTICLESMORE FROM AUTHOR 365 additional cases of Covid-19 in Republic Main Evening News, Sport and Obituaries Tuesday May 25th Man arrested on suspicion of drugs and criminal property offences in Derry Recruitment embargo was a disaster which pushed up costs at LGH – Doherty WhatsApp
Previous Article Next Article Related posts:No related photos. Comments are closed. A question of loyaltyOn 26 Mar 2002 in Personnel Today Whatis the ‘correct’ level of staff turnover, and how long should you stay in onejob? When an employee is frustrated in their role, what should a company do toretain their productivity, asks Stephen OverellAll humans love habit and nothing seems more natural than celebrating longservice. By tradition, decades of toil during which an employee became, if notintegral to the operation, then at least part of the furniture, was marked bythe gift of a fob watch or crystal decanter. Nowadays, because we perceive the modern labour market to be running at sucha madcap pace, long service appears increasingly impressive. It seemssplendidly quaint that London Underground has a 40-year long service award andextremely odd that McDonald’s has one for 25 years. The idea that people diligently stick with the same employer well into theautumn of their careers provokes the same warm feelings as the famous story oflottery winner Linda Hill. In December 1996, she scooped £2m, but decided tocontinue with her £80-a-week job as a chambermaid at a Butlin’s holiday camp onthe grounds that she loved her work. “Life just wouldn’t be the samewithout it,” she told the tabloids. Retention headache If only this loyalty was more widespread. Retention represents one of HR’s mostintractable headaches. Some 35 per cent of employers believe labour turnover istoo high1. In sectors such as retail and leisure, annual turnover is more than50 per cent; in many call centres it is closer to 100. Each time an employeeleaves, it costs just under £4,000 to replace them2. For managers andprofessionals, the figure is £6,000, and is rising fast. The nation must befull of homeless decanters. But hang on. Is long service really so desirable and turnover such a curse?Long service is not the same as loyalty, and commitment is not the same asendurance: many organisations are muddled about such distinctions, if a studyby Bain and Company, the management consul-tants, is to be believed3. According to Fred Reichheld, an emeritus fellow at Bain, researchersexpected to find that workers with more than 10 years service felt a greatersense of loyalty to their employer. In fact, the opposite was true. On many measures, people who had stayed withthe same employer for longest tended to be the most dissatisfied. When asked ifthey felt their firm operated through open and honest communication, half ofthe workforce agreed. Yet for workers who had stayed with their employer formore than 10 years, the figure was 39 per cent. Some 38 per cent of allemployees believe their company “puts people above profits”. Butamong those who had been there longest, just 28 per cent agreed. They are also least likely to trust business leaders, tending to think theyare being lied to, and most likely to believe their company does not deservetheir loyalty. In the best companies, 80 per cent of the workforce reckon theiremployer deserves their loyalty. Typically, the figure is less than half. “People who have been at the same company for more than a decade aregrumpier and less happy,” says Reichheld. “If they are allowed tolanguish they can be a highly destructive presence. People needre-potting.” Striking the balance He argues loyalty needs to be understood as a two-way street, a mutuallybeneficial relationship that is open to abuse on all sides. A worker whopursues their short-term interests is disloyal; a manager who rewardsfavourites, equally so. This study was carried out in the US, where the typical professional hasworked for nine different companies by the age of 324. It seems likely that itwould be a similar story here. Certainly, on the narrow point of how loyalBritish workers feel to their employers, there is little ground for a rosyview. Career consultancy Penna Sanders & Sidney found that two-thirds of theworking population would change jobs tomorrow if they could, but are held backby anxieties over money, their age, or just that they think it is too drastic astep5. It would be intriguing to know how many managers would say they want loyaltyin their workforce, but in their heart of hearts believe it merely reflects alack of ambition. A fresh challenge? Maybe loyalty is too difficult a concept for modern organisations. Yet theBain research does suggest some arresting points. There is little commercialreason for celebrating long service per se; in many ways over-familiarpresences are a bad thing. And it also implies grave responsibilities foremployers – not just to manage performance, but to listen when people get stuckand provide clear opportunities for progression. Some staff will always be seeking further challenges in whatever role theyare in. An organisation has the choice of seeing them leave, letting themcongeal in work that bores them, or actively trying to retain theirproductivity through encouraging cross-functional moves, secondments, projectwork, rotation and job swapping. Stuck in a rut Reichheld argues that ultimately the responsibility for getting stuck incertain roles must lie with the individual. Yet, he says, people often needhelp from organisations in recognising the early signs of going stale. “Itmay sound idealistic, but the truth is that people who get stuck in jobs areunderselling themselves,” he says. Retention, in short, must never meansimply getting people to stay. However, it is perhaps also time to celebrate another old-fashioned point:any organisation with no new blood, no turmoil, no new faces, no fresh gossip,is one that is condemned to decline. So what is the right length of time to stay in a job? Labour turnover is oneof those fields where the most reliable data does not seem to support thewidely held perception that job tenure is getting shorter (though other surveysdiffer). According to Labour Force Survey, the average worker currently stays intheir job for five years and six months. It was exactly the same figure in1995, yet in 1985 they stayed for five years and two months6. While certain sectors suffer from massive and harmful turnover, it is worthremembering that they are the exception, rather than the rule. Some 75.3 percent of the working population have been in their jobs for at least six years. Just under a quarter have been with the same employer for more than sevenyears7. Six years is surely about the right balance between stability and flux. Longlive the status quo. Research Viewpoint plusRead related articles on this topic from XpertHR’s extensivedatabase free. Go to www.xperthr.co.uk/researchviewpointReferences1 Pulling Together: 2001 Absence and Labour Turnover Survey, CBI2 Labour Turnover Survey, CIPD, October 2001 3 Loyalty Rules, by Fred Reichheld, Harvard Business SchoolPress, 20014 Innovation in HRM by Alec Reed, CIPD, 20015 Taking the Plunge, Penna Sanders & Sydney, www.e-penna.com6 Labour Force Survey, ONS, 2002, www.statistics.gov.uk7 CIPD, survey (as above)Join the Xperts take a free trialby calling 01483 257775 or e-mail: [email protected] is a new web-basedinformation service bringing together leading information providers: IRS, ButterworthsTolley and Personnel Today. It features a new Butterworths Tolley employmentlaw reference manual, a research database and guidance from 13 specialist IRSjournals, including IRS Employment Review.