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Showing posts from December 21, 2017

World markets dive as Trump sparks trade, North Korea worries

Global stocks sank Wednesday after US President Donald Trump said he was not satisfied with talks that are aimed at averting a trade war with China. Equities were also dented by poor eurozone economic data, and as Trump cast doubt on a planned summit with North Korean leader Kim Jong Un. “Trump (is) continuing to drive uncertainty over global trade,” said analyst Joshua Mahony at trading firm IG. “European markets are following their Asian counterparts lower, as a pessimistic tone from Trump is compounded by downbeat economic data,” he added. Markets had surged Monday after US Treasury Secretary Steven Mnuchin and Chinese Vice Premier Liu He said they had agreed to pull back from imposing threatened tariffs on billions of dollars of goods, and continue talks on a variety of trade issues. However, Trump has declared that he was “not satisfied” with the status of the talks, fuelling worries that the world’s top two economies could still slug out an economically pain...

Fans to win 50 decoders at GOtv Boxing Night 13.

Fans coming to watch boxing action and musical performances at GOtv Boxing Night 13 have the opportunity of going home with 50 GOtv decoders at the event holding on December 26 at Landmark Centre, Victoria Island Lagos.          The decoders will be won through raffle draws to be held in between fights at the event, which will feature musical performances by Small Doctor, Simi, Reekado Banks and Falz The Bahd Guy. According to Flykite Productions, organisers of the event, the decoders are to be given out by the sponsors, GOtv, in appreciation of fans’ support for the event since it began three years ago.  Seven fights, including two African Boxing Union (ABU) title duels and a West African Boxing Union (WABU) title fights are scheduled. The headline bout will see Nigeria’s Oto ‘Joe Boy’ Joseph attempt to win the vacant ABU lightweight title when he fights Abdulrahim Ahmed of Egypt. Joseph’s compatriot, Olaide ‘Fijaborn’ Fijab...

Philippines ferry carrying 251 capsizes few hours ago.

A ferry carrying 251 people has capsized in stormy seas off the east coast of the Philippines, the coastguard says. A spokesman said a number of casualties had been reported. Huge waves are said to have caused the boat to overturn. Reports say local boats have already rescued some passengers on board the vessel near the island of Polillo. Rescue boats and helicopters sent to the area have been hampered by bad weather, officials say. At least four bodies have been recovered, while many passengers have been saved, local media report. However, coastguard spokesman Armand Balilo said they were "still validating" the number of casualties. "We believe the weather was a big factor" in the accident , he said, adding that the ferry had capacity for 280 people and had not been overloaded. A local emergency services official, Juanito Diaz , said initial reports suggested the ferry, which has not been named, "sustained a big hole that caused it to capsize...

Feds: Cloud Cybersecurity Benefits Now Outweigh Risks.

Many federal government IT managers used to be wary of the shortcomings of migrating to cloud technology because of potential data security problems affecting email, business systems, personal data records and, especially, national security operations. However, after the federal "cloud first" initiative's six-year effort to promote the technology, there are signs that federal IT managers gradually have changed their assessment. Federal IT managers have concluded that cloud technology will meet -- and even exceed -- government data protection requirements, two recent reports indicate. Importantly, there also is an emerging trend among agencies toward using cloud technology by itself, either as a complete cyberprotection system, or as a tool to provide both specialized and comprehensive cybersecurity capabilities. "Concerns about the security of data in the cloud have largely disappeared in the wake of events like the hack of the Office of Personnel Management...

Fans Will Have To Wait A Little Longer For Lady Gaga’s “A Star Is Born”.

A Star Is Born  is a 1937 classic that has been retold a number of times on the big screen. A Scene From “A Star Is Born” Showing Bradley Cooper & Lady Gaga The most recent remake of the story which stars Bradley Cooper and Lady Gaga has been pushed to October 8, 2018. The movie which also debuts as Bradley Cooper’s directorial debut was already previously moved forward from Sept. 28, 2018, to May 18, 2018. The version of the story which has Bradley Cooper playing Jackson Maine a musician past his prime who takes in a young talent called Ally (played by Lady Gaga), addresses issues of failure and creative frustration from an artistic perspective. The new date coincides with the release of Sony’s Spiderman spinoff Venom and put the movie at the centre of awards season next year.

Gadget Ogling: Special Deliveries, On-Demand Drinks, and Magical Masks.

Welcome to Gadget Dreams and Nightmares, the column that pores over the most intriguing gadget announcements and crowdfunding projects both frightful and delightful. In our sleigh this time around are a smart padlock for deliveries, a bourbon decanter with a twist, and an anti-snoring eye mask. As always, these are not reviews. Instead, I use my analytical skills to determine just how much I'd like to use each product, and assign them an appropriate rating. Lock It Up BoxLock Home  is a smart padlock designed to allow delivery persons to leave your packages in a secure place when you're not around. The driver scans the package and goes through a verification process to unclasp the lock and place your package inside the container. Of course, you'll get a notification when the process is complete. I'm not really sure I need it. I work from home and am usually around to take in deliveries. If not, I always have the option of collecting them from a nearby...

Poland can thumb its nose at Brussels as long as the cash keeps rolling in.

T he EU has triggered a process that could potentially  strip Poland of its voting rights in Brussels . This is a response to the Polish government’s efforts to assert party political control over the judiciary via “reforms” it claims are needed to purge the country’s courts of ex-communist judges. The triggering of article 7, referred to in Brussels as the “atomic option”, is an unprecedented act against a member state, signalling the EU’s frustration with the intransigently anti-democratic course Warsaw has taken since the nationalist Law and Justice (PiS) party came to power in 2015. The European council president, Donald Tusk, a former Polish prime minister, stated: “This decision results from the changes proposed by PiS, which will result in the government being above the law, rather than the law above the government.” A few hours later, Polish president Andrzej Duda, of PiS, defiantly signed into law the very changes Tusk and the EU expressed concerns about, enabling ...

Christmas break will not affect Eagles’ CHAN preparations, says Salisu Yusuf .

S uper Eagles B Team Coach, Salisu Yusuf has assured that the two-day break granted the CHAN Eagles to observe the Christmas holidays will not affect the players’ preparation for the Africa Nations Championship slated for Morocco in January next year. Speaking through the Eagles Media Officer, Toyin Ibitoye, Yusuf revealed that he has mandated the 30 players jostling for positions in the team to be disciplined while on break. He said the players had been giving their best in training to ensure they made the final squad to Morocco, adding that all hands were on deck to ensure the team excelled at the championship.  “The players have been briefed and I believe they are professionals. The two-day break is for the players to spend time with their families and settle any important issue that might affect their output on the pitch during the yuletide.   “This does not mean that it is mandatory ...

Bank of Japan holds rates as inflation remains low.

The Bank of Japan kept its ultra-loose monetary policy in place Thursday as inflation remains stubbornly low in the world’s third-biggest economy, bucking a trend of gradually tighter policy in major economies.   The bank said it would purchase 10-year government bonds so that long-term interest rates would remain “at around zero percent”. The BoJ will also keep charging a negative interest rate on some accounts held by financial institutions at the central bank in a bid to prompt lending by commercial banks. BoJ chief Haruhiko Kuroda later Thursday gave few clues about any timeline for pulling back the bank’s huge asset-buying programme. “We won’t raise interest rates just because our economy is doing well … We’ll consider further easing if there’s a risk that the momentum (towards achieving the two-percent inflation target) isn’t maintained,” he told reporters. Investors were also watching out for ...