Revealed: David Cameron’s new jobs

whatsapp whatsapp Cameron said: “It was an immense privilege to lead the Conservative party for more than a decade and the country for over six years as prime minister.“I am looking forward to having the opportunity to explain the decisions I took and why I took them. I will be frank about what worked and what didn’t.”Read more: Theresa May’s ditching Cameron’s “big society” for the “shared society”5. Could he be the next Nato secretary general?Cameron is being considered for the role of Nato’s next secretary general, according to reports published in late December.If Cameron accepts the role, he will replace current secretary general Jens Stoltenberg (former Norwegian PM) when his tenure ends in 2018 or 2019. Ad Unmute by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryUndoAtlantic MirrorA Kilimanjaro Discovery Has Proved This About The BibleAtlantic MirrorUndoWarped SpeedCan You Name More State Capitals Than A 5th Grader? Find Out Now!Warped SpeedUndoLiver Health1 Bite of This Melts Belly And Arm Fat (Take Before Bed)Liver HealthUndoMaternity WeekAfter Céline Dion’s Major Weight Loss, She Confirms What We Suspected All AlongMaternity WeekUndoNoteableyJulia Robert’s Daughter Turns 16 And Looks Just Like Her MomNoteableyUndoPensAndPatronTori Roloff Confirms Devastating News About The FamilyPensAndPatronUndoOne-N-Done | 7-Minute Workout7 Minutes a Day To a Flat Stomach By Using This 1 Easy ExerciseOne-N-Done | 7-Minute WorkoutUndoMoguldom NationFather Of 2 Sues Los Angeles Hospital After Wife Dies During ChildbirthMoguldom NationUndo So David Cameron just got a new job this morning. This made us wonder just what life after No 10 is like for the former British Prime Minister who resigned following the shock outcome of last year’s EU referendum.Take a look at the new jobs David Cameron is doing now: Cameron spoke for over an hour about the impact leaving the European Union will have on Britain.3. National Citizens Service chairmanNot all roles he’s doing are paid. In October, the ex-Tory leader took up an unpaid chairman role at the National Citizens Service.Writing in The Daily Telegraph, Cameron said: “When I look back over six years as Prime Minister, one of my proudest achievements is the creation of National Citizen Service.“I often get stopped in the street by parents who tell me what a difference NCS has made in the lives of their children; and I regularly receive letters from young people who have so enjoyed taking part. Wednesday 25 January 2017 12:24 pm Revealed: David Cameron’s new jobs More From Our Partners Florida woman allegedly crashes children’s birthday party, rapes teennypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.org Shruti Tripathi “From the pilot projects that I began as leader of the opposition to the full-scale programme that we have today, more than 275,000 people have taken part in what has become the fastest-growing youth movement of its kind in the world.”Read more: Another former aide to David Cameron has joined the ranks of lobbyists4. Autobiography dealWe all know how Lord Ashcroft’s unauthorised biography, Call Me Dave, went down. However, Cameron has signed a deal with Harper Collins to give a “frank” account of his tenure as Prime Minister.The book will draw on over 50 hours-worth of audio tapes recorded with Times columnist Daniel Finkelstein during Cameron’s time in power. 1. President of the Alzheimer’s Research UKCameron was appointed the president of the dementia research charity this morning. The appointment isn’t out of the blue – at a G7 legacy event in London in 2014, Cameron launched Alzheimer’s Research UK’s five-year £100m Defeat Dementia fundraising campaign.“Tackling dementia was a major focus while I was Prime Minister, and although improvements in attention and research innovation have been rapid, it remains one of our greatest health challenges,” Cameron said today.2. Speech, Speech!The former PM was reportedly paid £120,000, or £2,000 a minute, for a speech to Wall Street big dogs in November last year. Share read more

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Paragon share price jumps as loan sale pushes up profits amid strong buy-to-let pipeline

first_imgNigel Terrington, Paragon chief executive, said: “The Idem Capital transaction and Titlestone acquisition in the final quarter of 2018 demonstrate the group’s ability to refocus capital to support its growth businesses and enhance value for shareholders.”In spite of the prevailing macro uncertainties we are well placed to benefit from scale economies in the commercial lending division, and the group continues to cement its position as a leading lender to professional landlords in the UK, underpinned by its 22-year history in this market. We look to the future with confidence.”Read more: Mark Carney warns house prices could fall by a third in a no-deal Brexit Challenger bank Paragon today announced a “reverse profit warning” after it sold a portfolio of loans, while it also sees a strong pipeline of buy-to-let loans.In an unscheduled trading update published today, Paragon said the premium for which it sold the assets will have a positive impact of seven pence per share on final earnings. Investors welcomed the news, with shares in the FTSE 250 lender rising by more than four per cent. Share Jasper Jolly whatsapp More From Our Partners Colin Kaepernick to publish book on abolishing the policethegrio.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgFort Bragg soldier accused of killing another servicewoman over exthegrio.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgLA news reporter doesn’t seem to recognize actor Mark Currythegrio.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgPorsha Williams engaged to ex-husband of ‘RHOA’ co-star Falynn Guobadiathegrio.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comKansas coach fired for using N-word toward Black playerthegrio.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.comMan on bail for murder arrested after pet tiger escapes Houston homethegrio.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comFans call out hypocrisy as Tebow returns to NFL while Kaepernick is still outthegrio.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.com Paragon, which specialises in buy-to-let mortgages alongside personal savings and mortgages, also said the buy-to-let pipeline at the end of its financial year will be over 25 per cent higher than last year.The lender has focused its attentions on the “professional” end of the buy-to-let market, protecting it from regulatory clampdowns. Some 90 per cent of applications are from professional landlords.Ian Gordon, banking analyst at Investec, said the “reverse profit warning” will “nail the bear case predicated on the false premise that buy-to-let volumes are slowing”.Underlying profits for 2018 “remain in line with the Board’s expectations”, Paragon said, but it capitalised on “strong market conditions” to book the profits on the loan book, which were owned by Idem Capital, Paragon’s portfolio purchase arm.The rest of the assets in the Idem arm will be transferred to Paragon Bank, which will use its growing retail deposit base to fund the loans at a much cheaper cost. Paragon has now grown its retail deposit base to £5bn, it revealed today.center_img by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryHouse CoastPregnant Beggar Was Asking for Help, But Then One Woman Followed HerHouse Coastmoneycougar.comDiana’s Butler Reveals Why Harry Really Married Meghanmoneycougar.comMedical MattersThis Picture Shows Who Prince Harry’s Father Really IsMedical MattersZen HeraldEllen Got A Little Too Personal With Blake Shelton, So He Said ThisZen HeraldOne-N-Done | 7-Minute Workout7 Minutes a Day To a Flat Stomach By Using This 1 Easy ExerciseOne-N-Done | 7-Minute WorkoutBetterBe20 Stunning Female AthletesBetterBeCleverstTattoo Fails : No One Makes It Past No. 6 Without LaughingCleverstMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPail Tuesday 18 September 2018 3:28 pm Paragon share price jumps as loan sale pushes up profits amid strong buy-to-let pipeline whatsapplast_img read more

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Boris: ‘I would hold back £39bn Brexit divorce bill to get a better deal’

first_imgJohnson said his leadership style would be “on the same lines” as his time as mayor. This would entail installing a “team of stars” in his cabinet, he said. Such a team would play a crucial role in his negotiating strategy of ripping up Theresa May’s withdrawal agreement and sending ministers to barter with the bloc, rather than officials. “I think our friends and partners need to understand that the money is going to be retained until such time as we have greater clarity about the way forward,” he said. The money would be a “great solvent and a great lubricant” in striking a more favourable deal, he told the Sunday Times. Johnson joins the leadership race just as fellow Tory forerunner Michael Gove struggles to put a lid on revelations he took cocaine hours after condemning “middle-class professionals” using it in the Times newspaper twenty years ago. whatsapp Five Boris Johnson pledges– Withhold Britain’s £39bn divorce payment to the EU to force better terms– Scrap the Northern Irish backstop, instead settling the Irish border dispute when Brussels is ready to agree to a future relationship– Recognise the rights of the 3.2m EU citizens living in Britain– Accelerate the Civil Service’s preparations for a no-deal Brexit– Leave the EU by 31 October, deal or no deal The former mayor of London made his first pitch to become Prime Minister by vowing to keep hold of the cash, scrap the Northern Irish backstop and guarantee the rights of all EU citizens in the UK. whatsapp by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May Likebonvoyaged.comThese Celebs Are Complete Jerks In Real Life.bonvoyaged.comPast Factory4 Sisters Take The Same Picture For 40 Years. Don’t Cry When You See The Last One!Past FactoryFilm OracleThey Drained Niagara Falls – Their Gruesome Find Will Keep You Up All NightFilm OracleZen HeraldEllen Got A Little Too Personal With Blake Shelton, So He Said ThisZen HeraldDefinitionMost Embarrassing Mistakes Ever Made In HistoryDefinitionDaily Funny40 Brilliant Life Hacks Nobody Told You AboutDaily FunnyMisterStoryWoman files for divorce after seeing this photoMisterStoryElvenarIf You Are Above 30, this Fantasy Game is a Must-Have. No Install.ElvenarHealthyGem20 Hair Shapes That Make A Man Over 60 Look 40HealthyGem Read more: Boris Johnson wins legal challenge against High Court summons Read more: Donald Trump endorses Boris Johnson to be Prime Minister The former foreign secretary also promised to “unconditionally” guarantee the rights of the 3.2m EU citizens living in the UK. “That is something that I think would be very welcome on the other side of the Channel.” Referring to his Labour and Brexit Party rivals as mythological Greek monsters, Johnson said: “I truly believe only I can steer the country between the Scylla and Charybdis of Corbyn and Farage and onto calmer water. Boris Johnson today made his pitch to become the next Prime Minister (Getty) The environment secretary made his admission ahead of the publication of a book about him by City A.M’s head of politics Owen Bennett, which includes the revelation. He told the BBC’s Andrew Marr Show this morning he was “fortunate” that he didn’t go to prison after using the class A drug “several” times, and that he “deeply regrets” doing it. center_img Meanwhile James Cleverly, who pulled out of the leadership race last week, said: “I know he will move heaven and earth to deliver Brexit, I’ve worked with him in City Hall promoting UK business, delivering the 2012 Games and fighting knife crime, and I know he can win elections.” Boris Johnson vows to hold back £39bn Brexit divorce bill to force EU into a better deal “I will be giving personal direction to the negotiations but we will also have a very strong and ministerially led negotiating team,” he said. Boris Johnson has threatened to force the European Union’s hand by withholding Britain’s £39bn “divorce” bill until it agrees to more favourable terms to leave. Several prominent Tories have already jumped to back Johnson. Transport secretary Chris Grayling said: “The next Conservative leader must be able to get us through Brexit and then pursue the kind of agenda that won David Cameron the 2015 election. They must have the electoral appeal to beat Corbyn. Boris is the one who can win.” Alex Daniel Tags: Boris Johnson Brexit Conservative leadership race Sunday 9 June 2019 12:18 pm He also said he would hasten Whitehall’s no-deal preparations if he was elected leader of the Conservative party. Under his stewardship, Britain would leave the bloc by 31 October, with or without a deal, he added. Treasury secretary Liz Truss also announced her support for the former foreign secretary last week. The leadership race “This can only be achieved by delivering Brexit as promised on October 31.” Sharelast_img read more

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Vaccine hopes fail to inject consumer confidence during lockdown

first_imgThursday 21 January 2021 11:59 pm More From Our Partners LA news reporter doesn’t seem to recognize actor Mark Currythegrio.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgColin Kaepernick to publish book on abolishing the policethegrio.comAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgMan on bail for murder arrested after pet tiger escapes Houston homethegrio.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgPorsha Williams engaged to ex-husband of ‘RHOA’ co-star Falynn Guobadiathegrio.comKiller drone ‘hunted down a human target’ without being told tonypost.comFort Bragg soldier accused of killing another servicewoman over exthegrio.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comFans call out hypocrisy as Tebow returns to NFL while Kaepernick is still outthegrio.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comKansas coach fired for using N-word toward Black playerthegrio.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.com Britain’s economy has been hit particularly hard by the pandemic, with the Bank of England warning last week that the country is in line for a double-dip recession. Non-essential stores have been forced to shutter under nationwide lockdown restrictions in England (Getty Images) Non-essential stores have been forced to shutter under nationwide lockdown restrictions in England (Getty Images) Also Read: Vaccine hopes fail to inject consumer confidence during lockdown Vaccine hopes fail to inject consumer confidence during lockdown The nation’s largest ever vaccination programme failed to buoy UK consumer confidence during the latest national lockdown, a new survey has shown, as widespread gloom about current Covid restrictions prevailed into the New Year. Show Comments ▼ “Despite the widespread anticipation of a ‘return to normal’ with the ramp-up of the vaccination programme, it is too early to deliver a jolt in the arm to UK consumer confidence,” he said. GfK’s survey showed that Brits became more pessimistic about the likely state of their finances over the next 12 months in January, with people saying they were now less likely to make big purchases than last month. “Confidence in this figure reflects our financial hopes and fears, as well as those of our families and loved ones, and it seems to be holding up,” he said. “That’s just as well because, amid widespread uncertainty over jobs and livelihoods, any decline in how we see our personal finances in the year to come would be a clear warning that the economic outlook will not improve any time soon.” Brits reported feeling slightly more gloomy about the general economic situation in January than they did at the end of 2020, with economic confidence at historically depressed levels. Poppy Wood Ministers’ insistence that the UK’s largest ever vaccination programme will prove the light at the end of the tunnel for the coronavirus crisis failed to ignite any widespread optimism about the state of the economy. Tags: Coronavirus Re-lockdown whatsapp Share Joe Staton, GfK’s client strategy director, said the latest consumer confidence survey made for “grim reading”. The closely-watched consumer confidence index from researcher GfK fell two points to minus 28 in January after a slight uptick over the Christmas period. by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeOne-N-Done | 7-Minute Workout7 Minutes a Day To a Flat Stomach By Using This 1 Easy ExerciseOne-N-Done | 7-Minute WorkoutMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailBrake For ItSay Goodbye: These Cars Will Be Discontinued In 2021Brake For ItMoney PopThe Most Overpriced Vehicles On the Market Right NowMoney PopMoneyWise.comMechanics Say You Should Avoid These Cars In 2021  MoneyWise.comNational Penny For Seniors7 Discounts Seniors Only Get If They AskNational Penny For SeniorsQuizscape8 Out Of 10 Men Fails This Car Engine Quiz. Can You Pass It?QuizscapeBleacherBreaker41 Old Toys That Are Worth More Than Your HouseBleacherBreakerExplored Planet30 Things Not To Do While Traveling InternationallyExplored Planet GDP is now 8.5 per cent below its pre-pandemic peak, after January marked its first monthly fall in output since the first national lockdown in April last year. However, Staton added that a slight hike in the public’s optimism over their personal financial situation in the next 12 months would prove the “real key” for any economic rebound. whatsapp Non-essential stores have been forced to shutter under nationwide lockdown restrictions in England (Getty Images) Also Read: Vaccine hopes fail to inject consumer confidence during lockdown last_img read more

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What A Country! Yakov Smirnoff is Back… And He’s A Love…

first_imgUncategorizedWhat A Country! Yakov Smirnoff is Back… And He’s A Love GuruThe man who invented the Russian Reversal has a new act that’s equal parts standup, one-man show, motivational speech, and TED talk.By Elina Shatkin – September 27, 20131417ShareEmailFacebookTwitterPinterestReddItYakov Smirnoff, the Russian-born comedian who made a name for himself in the 1980s with his fish-out-of-water shtick, is back. That’s right, the guy who pioneered the Russian Reversal (ex: “In America, you watch television. In Soviet Union, television watches you!”) has a new act. He’s a doctor of love. No, really. It was 1989. Smirnoff had a thriving standup career and regularly appeared in movies —Heartburn, Moscow on the Hudson, The Money Pit, Brewster’s Millions—playing some variation on “the wacky Russian guy” character. He had a house in Pacific Palisades with a wife and young daughter. No doubt about it, Smirnoff was living the American dream. Then the Berlin Wall fell.Film roles dried up. Contracts for gigs in Las Vegas, Reno, Tahoe, and Atlantic City weren’t renewed. “I wasn’t savvy enough to understand why,” Smirnoff says. “So I started looking for a place where they did not know the Soviet Union had collapsed.” He found it in Branson, Missouri. “The industry here [in Los Angeles] had a very specific vision of me, but I had other material. Marriage, kids, family, adjusting to the Ozarks.”Smirnoff spent two decades headlining his own theater in Branson. While mining the tension between the United States and Russia, he noticed another kind of conflict, the cold war between men and women. After studying for—and earning—a master’s degree in positive psychology from the University of Pennsylvania, he began developing a new show that combines his two disparate interests, comedy and relationships. Happily Ever Laughter is equal parts standup, one-man show, motivational speech, and TED talk, and whatever notions you may have about Smirnoff, it will likely explode them. Sure, the show includes several Soviet-era jokes (and they’re actually still funny), but the 1.5-hour performance quickly moves into deeper territory. As much as you laugh, you may also find yourself tearing up. For one more weekend, you can catch Happily Ever Laughter at the ACME Comedy Theatre—until Smirnoff returns with the show in December. Now that he’s in a new phase of his career, Smirnoff plans to live in Los Angeles most of the year where he’ll be tweaking his act, trying to launch a reality show, and using Los Angeles as fodder for his research into love and laughter. What a country? What a city! TAGSACME Comedy TheatrecomedianComedyL.A. CultureRussiaSoviet UnionYakov SmirnoffPrevious articleLoving Spoonful: A Slow-Cooked Sunday Tradition for Chef Josef CentenoNext articleAirbnb Says “Hello LA” With A Five Day Interactive EventElina Shatkin RELATED ARTICLESMORE FROM AUTHORMeg Stalter’s Awkward Characters Were the Breakout Stars of a Weird YearA New Book Takes a Long Overdue Look at the History of Native Americans in ComedyUCB to Sell Sunset Boulevard Theater Complexlast_img read more

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News / Shipping charter market set to sink lower with more ULCVs due to be delivered

first_img Larger containerships are increasingly being consigned to hot or cold lay-up in harbours around the world as more new ultra-large container vessels (ULCVs) are delivered.Last month alone, MSC received the 19,462 teu MSC Mirjam and the 19,437 teu MSC Erica, Evergreen the 14,424 teu Taurus and NYK the 14,026 teu NYK Crane.The MSC Mirjam has joined the Asia-North Europe Shogun/AE1 loop of the 2M alliance, replacing the 16,810 teu Eugen Maersk.Eugen Maersk and sister Edith Maersk are expected to be redeployed onto the 2M’s Europe-Asia-US west coast AE6-TP6/Lion-Pearl pendulum service in a strategic upsizing move on the tradelane.This relentless cascading creates severe headaches for carrier operations staff tasked with redeploying displaced owned and long-term chartered tonnage onto other trades.According to Drewry Maritime Research, there are 34 containerships of 8,000-10,000 teu in lay-up; 13 of 10,000-12,000 teu and 21 ULCVs of over 12,000 teu idled.“Prospects for these large ships are expected to remain dim until the spring, when the launch of the Ocean and THE alliances, scheduled for April, will spur chartering activity,” said Alphaliner.The spike in the number of redundant bigger containerships is, in part, also a result of the demise of Hanjin, as a third of the South Korean carrier’s fleet of 622,000 teu consisted of ships of 10,000 teu and over.Alphaliner adds that there are 10 former Hanjin-controlled ships of 8,500-10,000 teu lying idle, yet to enter the spot market.According to Alphaliner, the number of idle containerships at 28 November reached 357 units, 1.5m teu, equating to 7.4% of the global cellular fleet.It said: “The container charter market continues to battle through a depressed environment….oversupply remains at a substantial level for most ship sizes.”However, it is the classic panamax sector of 4,000-5,100 teu ships that continues to suffer most: 75 are currently seeking employment around the world.The segment “remains chronically oversupplied”, said Alphaliner, and the consultant expects the situation to get worse by the end of the year, as a number of panamax vessels are due for redelivery in the next few weeks.Nevertheless, a moribund containership charter market is good news for carriers which are able to pick up tonnage very cheaply, and with no long-term commitment.For example, a broker notes that Maersk Line recently snapped up the 5,039 teu CSL Manhattan at $4,100 per day on a two-month time charter with options for 12 months, including free positioning.In January 2015, Maersk would have paid $15,000 a day for the same ship, for a 12-month time charter plus options, and would have been required to take the vessel on hire from its spot position. By Mike Wackett 08/12/2016last_img read more

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News / More pain for Asia-Europe shippers as rate hikes and surcharges pile up

first_img By Mike Wackett 27/11/2020 Photo 98942451 © Christian Horz – Dreamstime.com Container spot rates on Asia to North Europe leapt 27% this week to breach $2,000 per teu, with carriers planning further FAK rate hikes for December.The Shanghai Containerized Freight Index (SCFI) recorded an increase of $447 in its North Europe component, to $2,091 per teu, which is 170% higher than a year ago.The SCFI rate to Mediterranean ports also saw a big spike, 23%, to $2,219 per teu, representing a 203% increase on 12 months ago.And there is no sign of an end to the pain for Asia-Europe shippers as further FAK increases next month come on top of the myriad surcharges and premium product fees now required to secure equipment and space on vessels.On the backhaul route, the situation for European exporters is arguably worse. Some are learning that they cannot secure bookings to Asia until January at any price.For several weeks, ocean carriers have been prioritising the evacuation of empty containers to Asia over the release of equipment to shippers for exports, which can delay the return of a box to the lucrative headhaul market by a month.Due to acute port congestion, UK exporters have seen their containers stranded on the quay in recent weeks as carriers have ‘cut and run’ their ship operations, in some cases loading empty equipment in preference.Indeed, The Loadstar heard this week from one shipper who said his six 40ft containers had been rolled from four consecutive Felixstowe sailings.“I really don’t know how to explain this to our customer. It really is a complete mess,” he said.This week CMA CGM notified customers it was suspending all bookings from the UK to Asia and the Indian sub-continent until January. The Loadstar understands that the decision, which has also been confirmed by Ocean Alliance partners, relates to the planned skipping of a number of Felixstowe calls next month.Meanwhile, on the transpacific, the US components of the SCFI remained virtually unchanged this week, at $3,880 per 40ft for the west coast and $4,708 for east coast ports.Boosted by e-commerce and a US consumers’ buying splurge, bookings remain very strong going into the final month of the year.According to the port of Los Angeles’ Signal volume forecaster, vessels scheduled to arrive in weeks 49 and 50 will, respectively, discharge 30% and 44% more import containers than in the same weeks of 2019.Although carriers have held off on rolling out further GRIs on the tradelane, due to the closer attention of regulators, the lines are instead focusing on premium equipment and space guarantee fees to boost earnings.This week saw the launch of CMA CGM’s money back-guaranteed ‘Go’ and ‘Get’ premium products between China and the US west coast, which in the case of the latter also benefits from priority discharge at Los Angeles and an allocated chassis for onward haulage.According to Jon Monroe, of Washington state-based Jon Monroe Consulting, CMA CGM is proposing an additional $1,750 per 40ft for ‘Go’ and $2,250 extra for ‘Get’.Christoph Baumeister, Flexport’s senior trade manager Asia/ISC-Europe, told The Loadstar equipment shortages across Asia were the biggest challenge for shippers.“This will continue to become ever more critical, with several ports in Europe and the US congested,” he said.last_img read more

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Far from the Moran Hill Orchestra…

first_img Once again, the stark contrast between North Korean media reports and international assessments of conditions in the country has become clear. Over the weekend, footage of Kim Jong Eun enjoying a lighthearted show in Pyongyang emerged, seemingly notable mostly for the presence of Disney characters and a mystery woman on Kim’s right. This was just one of many examples that the North Korean media has been putting forward of late to propagate the “man of the people” style of the new Kim regime. However, a Voice of America (VOA) report released on Friday highlighted the point that a lot of places in North Korea are living rather differently, with accounts from a Danish aid group, Mission East, revealing that the conditions for many of the North Koreans they are caring for in Haeju are quite desperate.Mission East is in the middle of a three month spell of tending to 20,000 children and 1,500 vulnerable pregnant women in the coastal city in South Hwanghae Province. The group is providing a total of 12 tons of food aid to orphanages, kindergartens and nurseries. However, even the most seasoned aid workers are apparently shocked by what they are witnessing. A veteran, Mission East Managing Director Kim Hartzner told VOA that he has never seen such severe conditions of malnutrition before.“I am a medical doctor,” Harztner stated, “and in my 21 years of being engaged in relief activities I have never ever seen something like what I saw in Haeju.” Kim went on to retell in graphic detail the physical condition of the children he is dealing with: “extended bellies,” “extremely thin limbs,” “listless expressions, apathetic expressions.”“I saw a 4-year-old girl who looked like a one and-a-half-year-old girl, who could barely walk,” he said. Far from the Moran Hill Orchestra… North Korea tries to accelerate building of walls and fences along border with China RELATED ARTICLESMORE FROM AUTHOR SHARE Facebook Twitter News AvatarDaily NKQuestions or comments about this article? Contact us at [email protected] center_img By Daily NK – 2012.07.09 2:41pm Entire border patrol unit in North Hamgyong Province placed into quarantine following “paratyphoid” outbreak News There are signs that North Korea is running into serious difficulties with its corn harvest News News last_img read more

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Residents ignore evacuation orders to guard homes from looting soldiers

first_imgFlood damage in Namyang, Onsong County, North Hamgyong Province, as captured by a Daily NK correspondent on August 31. NewsEconomy By Choi Song Min – 2016.09.09 11:34am Facebook Twitter AvatarChoi Song Min SHARE RELATED ARTICLESMORE FROM AUTHOR News Chongjin City and Kyongsong County were among the areas that saw heavy rains, which began on August 26. Moreover, Hoeryong City, and the counties of Onsong and Musan–all contiguous with the Tumen River–were hit with over 100 mm of rain per hour, causing the riverbanks to give way and submerge nearby villages. The severity of the flooding coupled with the percentage of households disregarding the evacuation ordinance is expected to lead to greater loss of life. “Korean Central News Agency reported some 80 people were either dead or missing,” the source said, “but that figure is not to be trusted. [The authorities] often manipulate those numbers downward.” He added, “Soldiers stationed in bases in the [affected] areas are deployed for rescue missions. But instead, they are searching for vacant homes to pilfer whatever they can. They evacuate people in their immediate vicinity to the mountains and then leisurely follow up by going through these victims’ personal property.  What kind of ‘People’s Army’ is that?”Furthermore, the flooding has highlighted North Korea’s acute dearth of basic equipment and infrastructure to combat emergency scenarios of all manner. Border towns along Tumen River lack not only an emergency rescue apparatus but even the most rudimentary of tools and supplies for disaster preparedness, prompting locals to request assistance from the Chinese authorities in Tumen, Jilin Province.Those in the higher echelons of society seek assistance from across the river, too. “Local cadres in this area arrange for emergency medicine to be sent through Chinese customs for their sick relatives, relying more on Chinese authorities than their own,” the source explained. “Residents talk about how North Koreans were rescued by Chinese soldiers, and that if not for them three people stranded on Ttukseom [an island on the Tumen River] would have been swept away by the swollen waterway.”Unsurprisingly, the dire circumstances have fanned criticism about the Korean People’s Army [KPA] among some residents, who comment that perhaps they would “be better off if [KPA] soldiers were excluded from emergency operations altogether.”center_img News US dollar and Chinese reminbi plummet against North Korean won once again There are signs that North Korea is running into serious difficulties with its corn harvest News North Korea Market Price Update: June 8, 2021 (Rice and USD Exchange Rate Only) Residents ignore evacuation orders to guard homes from looting soldiers Despite evacuation orders from the authorities amid the recent torrential rains that battered North Korea’s northeastern region and led to severe flooding, many residents stayed behind to guard their property, concerned that soldiers mobilized for recovery work would steal from their homes. “Late last month, large swaths of the province were flooded due to the three-day downpours we had,” a source from North Hamgyong Province told Daily NK on September 7. “The local Party and administrative bodies issued emergency evacuation orders, but a lot of people were stranded because they hesitated about vacating their property and rendering it susceptible to [pillaging] soldiers.”Multiple sources in North Hamgyong Province corroborated this news.Last year, when devastating floods swept through the Rason region of North Hamgyong Province, soldiers looted civilian property, carrying off televisions and DVD players. Therefore, despite the perils wrought by the natural disaster, this year, more residents stayed behind to guard their property in a bid to hedge against repeat occurrences.last_img read more

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NASAA reports growing use of model fee disclosure

first_img Facebook LinkedIn Twitter Market for advice improving, but slowly: FCA Related news U.S. brokerage firms are increasingly adopting an approach to fee disclosure proposed by the North American Securities Administrators Association (NASAA), in an effort to improve disclosure to clients. NASAA announced Tueday that 14 U.S. broker-dealers are now using a fee schedule based on a model developed to enhance disclosure to investors by NASAA’s Model Fee Disclosure Working Group. In total, 27 firms have adopted fee schedules that are based on NASAA’s model. Share this article and your comments with peers on social media Hearing for failed PACE Securities execs set for 2021center_img Keywords Commissions and fees,  Investment dealersCompanies North American Securities Administrators Association The model disclosure is designed to help investors better understand and compare brokers’ account and service fees. It also provides guidance to make fee disclosure accessible and transparent. “We are pleased to see the growing acceptance and use of the NASAA Model Fee Disclosure Schedule and I look forward to working with SIFMA, the FSI, and members of the securities industry to gain even wider use of the model next year,” says Joseph Borg, NASAA president and Alabama Securities Commission director, in a statement. “All firms that have taken this important step to help bring uniformity to the disclosure of broker-dealer service and maintenance-related fees are commended and others are encouraged to match this level of disclosure for their clients,” Borg adds. “Through this collaborative initiative, industry and state securities regulators are increasing the transparency of fee disclosure for investors.” Octagon Capital dismissed by IIROC James Langton last_img read more

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