Category: eiqfcg

  • ‘He was healthy before it got him’: Petersburg residents share their experiences with COVID-19

    first_imgCoronavirus | Health | Southeast‘He was healthy before it got him’: Petersburg residents share their experiences with COVID-19March 26, 2021 by Angela Denning, KFSK – Petersburg Share:Ruby Shumway watches her son, Owen, in the hospital. He was born during the pandemic and later needed open heart surgery. (Photo by Tim Shumway)We’ve heard from doctors, epidemiologists and other experts over the past year about the pandemic. But what about everyone else? How has it been for people who have had COVID-19 themselves, or who had to care for family members who did?KFSK reached out to Petersburg residents to find out. Many declined interviews, some saying they felt pressure not to disagree with their neighbors or ruffle any feathers. But some have come forward to share their experiences.This is an ongoing radio series. If you would like to share your experience with COVID-19, please contact Angela Denning at (907) 772-3808 or email [email protected]‘An incredibly scary time’Audio Playerhttps://media.ktoo.org/wp-content/uploads/2021/03/26CovidShumway.mp300:0000:0000:00Use Up/Down Arrow keys to increase or decrease volume.Ruby Shumway grew up in Petersburg and is now a nurse who has been answering the COVID-19 hotline for Petersburg Medical Center this past year. She also had a baby boy named Owen who needed open heart surgery.Ruby says that she and her husband, Tim Shumway, struggled with the stress of keeping their son safe during the pandemic.“I was incredibly scared,” she said. “Things were very new at the time.”Ruby and her family are fully vaccinated now, and she feels better about protecting her baby from the coronavirus. Owen ended up having open heart surgery in Portland.‘Full-body inflammation that lasted weeks’Audio Playerhttps://media.ktoo.org/wp-content/uploads/2021/03/25CovidLitster.mp300:0000:0000:00Use Up/Down Arrow keys to increase or decrease volume.Megan Litster (left) with her husband, Cody Litster, and their four children. (Photo courtesy of Megan Litster)Megan Litster was the first person in Petersburg to get COVID-19. Last March, she had traveled with her mom down south and came back with the virus.She lost her sense of smell for five months and had weeks of other symptoms, like a “scary” irregular heartbeat that would come and go and a feeling of not getting enough oxygen when she breathed.She says she was recovered from COVID-19 by the time her positive test result came back. And she says that socially, being the first known case locally was “a hundred times harder” than the illness itself.‘Everybody just reacts so differently’Audio Playerhttps://media.ktoo.org/wp-content/uploads/2021/03/24CovidErickson-L.mp300:0000:0000:00Use Up/Down Arrow keys to increase or decrease volume.Pete and Kris Erickson have lost a few family members to COVID-19. Pete himself caught it last March and still can’t smell or taste most food. (Photo courtesy of Kris Erickson)Pete and Kris Erickson live in Washington temporarily, but they’ve spent their lives in Petersburg and plan to retire here.Pete Erickson caught COVID-19 last March and lost his sense of smell and taste. A year later, it’s still not back.They lost Pete’s dad, Pete Erickson Sr., who has been the only Petersburg resident to die from the disease. The couple says they’ve had several other family members with COVID-19, some with serious complications, including Kris’s uncle.“He’s definitely got COVID long, and he’s still on oxygen,” she said. “And he was healthy before it got him.”‘It was really weird’Audio Playerhttps://media.ktoo.org/wp-content/uploads/2021/03/23CovidBell.mp300:0000:0000:00Use Up/Down Arrow keys to increase or decrease volume.Callie Bell is a Petersburg resident who contracted COVID-19 at the end of February during a community outbreak. (Photo courtesy of Callie Bell)Callie Bell says she was part of the recent outbreak of COVID-19 cases in town. She learned that she might have it when friends who had tested positive contacted her.Her 5-year-old daughter, Bristol, caught COVID-19 as well.Bell says she got infected when the outbreak hit towards the end of February. She had a slight cough and fatigue, and she lost her sense of smell and taste.‘I still feel tired’Audio Playerhttps://media.ktoo.org/wp-content/uploads/2021/03/22CovidEddy.mp300:0000:0000:00Use Up/Down Arrow keys to increase or decrease volume.Debby Eddy with her husband, Jaime Eddy. (Photo courtesy of Debby Eddy)Debby Eddy works at the Petersburg School District and is also an athlete. She tested positive for COVID-19 on Feb. 24 as part of the town’s outbreak. She found out that she was a close contact to a positive person and started having symptoms soon after.She can’t run like she used to, yet, but she says the worst of it is not recovering her sense of smell and taste.“I didn’t realize how important it is. It triggers memories — happy memories in my life,” she said. “Eating isn’t really that important to me anymore. It’s kind of stressful.”Share this story:last_img read more

  • News / Asia-Europe container rates continue to fall and lines pin their hopes on next GRI

    first_img With the resumption of full trading following the Golden Week holiday in China, spot rates on the trunk Asia-Europe trade have continued to fall.Today’s Shanghai Containerised Freight Index was registered at $738 per teu on the Shanghai-North Europe, a new low for the year, and indeed its lowest level since this time last year.Today’s spot rate represents a 10% decline on the $822 per teu reported before the Golden Week, and a near 50% decline over the past 10 weeks, since the early peak season highs of $1,400-plus per teu in August.A year-on-year comparison may offer a small crumb of comfort for carriers. Following the Golden Week holiday in 2013, the Shanghai-North Europe leg spot rate was $675 per teu, a level at which it remained until a large round of general rate increases (GRIs) pushed it up to $1,423 per teu at the beginning of November.It now remains to be seen whether history will repeat itself. Maersk is set to introduce a $450 per teu GRI on October 15, although analysts and industry observers are not optimistic.“Worryingly for carriers, their planned GRI for October seems like a non-starter, with reports suggesting it will not be successful,” said Freight Investor Services broker Richard Ward. “With the October GRI set to be a washout and rates currently well below break-even you can be sure that additional rate increases will be announced over the remaining months of the year.”Meanwhile, forwarders are reportedly being offered spot rates of $650 per teu, and Mr Ward said one large UK retailer had been offered contract rates of $600 per teu for 2015.Yesterday, Hapag-Lloyd, which led the charge in 2013, announced a $750 per teu GRI from Asia to both North European and Mediterranean destinations for November 3.However, much will depend on how carriers manage capacity on the trade, and unfortunately the signs are ominous – Alphaliner calculated that just nine sailings from Asia to North Europe in the first two weeks of October were cancelled and, “these one-off omissions will only remove 5% of the trade’s monthly capacity”.“Not one of the carriers plans to withdraw a service for an extended period, even as the shipping lines continue to upsize existing loops by phasing-in ever larger vessels,” it said.As is so often the case, Maersk is the bellwether, and the final quarter of this year will see it significantly increase the capacity of its AE1 and AE2 Asia-Europe services with larger ships, according to Alphaliner research.The AE1, which connects Japan and China with North Europe, will go from employing 11 9,500teu vessels to 11 13,000teu vessels. 10 being redeployed as its joint Asia-Med service with CMA CGM comes to an end, while another will be cascaded from the AE2 service.The AE2 from China to Europe offers a transhipment call at Tanjung Pelepas, and is due to use its first 18,270teu Triple-E with the arrival of the Morten Maersk in November.The vessel is Maerk’s 13th Triple-E delivery, with the first 12 deployed on its AE10 service.Meanwhile, according to the latest analysis from Drewry Maritime Research, any hope of a realistic match between supply and emand should be abandoned.Announcing its latest Container Annual Review & Forecast 2014/15, Drewry director of container research Neil Dekker said this week that “the possibility of matching supply and demand to a degree acceptable for carriers in 2015 is probably out of reach”.He added: “The question we should be asking is not about when a recovery will happen, but what form the so-called recovery will take.“In essence, the industry is merely continuing to adapt as best it can. Recovery, in whatever form it takes, will not simply be in the traditional manner of matching supply and demand. This is about survival and the long-term management and sharing of costs.” By Gavin van Marle 10/10/2014last_img read more

  • Premium / Supply chain radar: With AP Møller-Maersk, trust has gone out of the window

    first_imgdreamstime “It is no use saying, ’We are doing our best.’ You have got to succeed in doing what is necessary.“ – Winston ChurchillThe week started with the shares of AP Møller-Maersk (APMM) hitting new lows and could easily end with a nice little bounce tomorrow when it reports its first-quarter (Q1) numbers, if you trust the most bullish projections.But the bears are growing in numbers among investors, recently questioning its leaderships, performances, anything – and, in particular, a lack of … Email* Reset Your Password Premium subscriber LOGIN << Go back Please Login Password* Please either REGISTER or login below to continuecenter_img By Alessandro Pasetti 23/05/2019 Email* LOGIN New Premium subscriber REGISTER Subscription required for Premium stories In order to view the entire article please login with a valid subscription below or register an account and subscribe to Premium Forgotten your password? Please click here Resetlast_img read more

  • Seeds of Juche Sown by Sino-Soviet Split

    first_imgNews North Korea tries to accelerate building of walls and fences along border with China An ideological conflict between China and Russia had been underway since 1959. We secretaries were ordered to incline our work towards opposing revisionism. That spring, I accompanied Choi Yong Geon, the Permanent Chairperson of the Supreme People’s Committee and therefore the titular head of state, on a tour of various socialist states. Deputy Prime Minister Hong Myeong Hee and Kang Yang Wook, the Secretary of the Supreme People’s Committee, came with us. The objective of the tour was to express our gratitude to those socialist countries that had provided us with aid during the war and the period of rebuilding thereafter. We visited the Soviet Union, Eastern Bloc socialist countries and Mongolia. At that time, socialist countries all boasted of their firm solidarity. Wherever we went, we were warmly welcomed. What especially impressed me was Hungary, which had experienced great upheaval and yet was developing, and Albania, which was constantly threatened and confronted by a revisionist state, Yugoslavia. I had led a group of Korean students studying in Russia on a month’s vacation at an international recreation center at Lake Balaton, Hungary in 1950. At that time, Hungary was suffering from so severe a financial crisis that we foreign visitors couldn’t even eat properly. However, I noticed during my second tour that the standard of living of the Hungarians had improved greatly, considering the fact that there had also been an uprising in 1956. Hungary was receiving a relatively large amount of aid from China, and therefore the Hungarian leadership followed a pro-China policy; some even claimed that Mao Zedong was the leader of world socialist revolution since Stalin was dead. China held high the banner of anti-revisionism, concluding that the Hungarian uprising in 1956 had been a result of Khrushchev criticizing the Stalinist cult of personality and enforcing the revisionist line, thus weakening the proletarian dictatorship. Therefore, it gave the impression that the leadership of the international communist movement had moved from the Soviet Union to China. In Albania, China’s popularity was again far greater than that of the Soviet Union. At that time, the Albanians’ standard of living was far worse than in North Korea. Albania’s leader, Enver Hoxha, visited various countries including the Soviet Union every year to request aid. While Khrushchev attached conditions to the aid, China did not. Moreover, the amount China provided was more than Albania requested. Therefore, Albania also slowly drifted away from the Soviet Union and closer to China.During that visit, Choi Yong Geon advised Hoxha that nuclear bombproof underground tunnels were necessary to prevent a Yugoslav invasion. He told Hoxha that North Korea was already constructing such defense facilities. I wrote Choi Yong Geon’s speeches on the tour. He was satisfied, and sometimes asked for my opinions, too. Among officials, he was famous for being very hard to have close relations with, but in reality he was not that strict. After we returned to North Korea, Kim Il Sung read all the draft speeches. He said the drafts were great and complimented me. As time passed by, the ideological conflict between China and the Soviet Union grew more aggressive. Watching the situation, Kim Il Sung emphasized, “We should establish our self-reliance more firmly.” Khrushchov, intending to regain his position as the leader of the international communist movement, sneered at the failure of the Great Leap Forward in China, calling it a “petit bourgeois expression of impatience,” and saying, “Mao Zedong pooped in his pants while trying to fart.”From then on, Mao took an active part in the ideological struggle, as if he were trying to recover his lost prestige. Meanwhile, Kim Il Sung planned to solidify his position using the conflict between the two big communist countries. That was why he so extensively promoted the “Chollima Campaign” and also emphasized that an independent line was necessary in building the economy and culture. Facebook Twitter SHARE RELATED ARTICLESMORE FROM AUTHOR By Daily NK – 2010.05.17 5:43pm Entire border patrol unit in North Hamgyong Province placed into quarantine following “paratyphoid” outbreak center_img AvatarDaily NKQuestions or comments about this article? Contact us at [email protected] Seeds of Juche Sown by Sino-Soviet Split News There are signs that North Korea is running into serious difficulties with its corn harvest News News last_img read more

  • Economic development key focus in North Korean rubber stamp parliamentary session

    first_imgWhile observers believed North Korea may have wished to use the platform of the parliamentary session to signal new information regarding either denuclearization or the country’s diplomatic dealings with the US or South Korea, no such information surfaced in the official materials released by state news outlets. With the April 27 inter-Korean summit fast approaching and the US-North Korea summit slated for sometime in May, many were hoping for clues during the session as to potentially impactful changes in the North’s official foreign policy.In another surprise, Kim Jong Un does not appear to have attended the parliamentary session and did not show up in any photos of the event, with state media tight-lipped on the issue. Instead, it highlighted the attendance of other high-ranking officials such as President of the Supreme People’s Assembly Kim Yong Nam, Vice Chairman of the Workers’ Party Choe Ryong Hae, and Cabinet Premier Pak Pong Ju.This marks the third absence for Kim Jong Un out of nine sessions of the Supreme People’s Assembly since coming to power. Kim previously missed the September 2014 and April 2015 sessions.“Kim Jong Un’s absence is not particularly striking, as he has also missed meetings of the Party Central Committee politburo in the past,” an official from the South Korean Ministry of Unification said. “It was just a typical meeting as with any other year.” SHARE “Economic self-reliance” and “improvements to the lives of the people” were some of the key areas of focus for North Korea during the Sixth Session of the 13th Supreme People’s Assembly on Wednesday. With the country’s boasts of nuclear weapons ‘completion’ in the rear view mirror, North Korea is now showing signs of a shift in focus towards economic matters. State broadcaster Korean Central Television (KCTV) detailed on April 12 the main items on the agenda at the rubber stamp parliamentary session. These included an assessment of the successes and shortcomings of the country’s 2017 economic performance and 2018 economic tasks in accordance with their ‘five-year strategy for national economic development.’The KCTV broadcast included Premier Pak Pong Ju’s report on the five-year strategy, saying, “This year, the whole nation launched an all-out offensive to crush the desperate hostile forces, while we have also laid the groundwork to make a breakthrough in revitalization on the economic front.”“The fighting goals for the third year of the five-year strategy for national economic development should be attained without fail with a firm hold on the key tasks of strengthening the independence and Juche character of the national economy and improving the standard of people’s living,” the report continued. It also promised to “bring about a remarkable turn in improving the standard of people’s livelihoods through production surges in the fields of light industry, agriculture and fisheries this year.”Cho Bong Hyun, a senior researcher at the IBK Economic Research Institute, pointed out that the April 11 session “marked the first meeting of the Supreme People’s Assembly since North Korea announced the completion of its nuclear program last year.” “Having asserted this completion, they now appear to be promoting a focus on improving the economy and standards of living in accordance with the ‘Byungjin Line’ plan (simultaneous nuclear and economic development),” Cho said.“One can deduce through the North’s economic reforms this year intended to improve the lives of its people that they are working extremely hard [towards these goals],” Cho added. “However, it may be difficult to succeed if North Korea is unable to acquire funding in foreign currency under the international community’s sanctions.”During the session, North Korea announced a 5.1% increase in its national budget this year compared to last, with nearly half – 47.6% – designated to “improving the lives of the people,” and 15.9% towards “national defense.”Pushing back against the announcement, Oh Gyeong Seop of the Korea Institute for National Unification remarked that “there are almost no differences in the budgets that North Korea officially announces each year.”“Moreover, it is difficult to assess the real economic situation in North Korea as they only release percentages and no specific monetary amounts in the budget,” Oh said.“It’s a routine annual exercise with no real special takeaways,” he added. “North Korea inevitably faces challenges in developing their economy simply through an emphasis on ‘strong efforts’ and ‘self-reliance’ as international sanctions continue to be more precisely enforced.” RELATED ARTICLESMORE FROM AUTHOR North Korea hikes “party contributions” Russia-based workers must pay by 30-55% The Sixth Session of the 13th Supreme People’s Assembly was held in Pyongyang on April 11. Image: Rodong Sinmun Facebook Twitter North Korea opened the Sixth Session of the 13th Supreme People¡¯s Assembly in Pyongyang on Wednesday, April 11. Kim Jong Un is notably missing (chair, center), and his attendance could not be confirmed. Image: Rodong Sinmun North Korea Market Price Update: June 8, 2021 (Rice and USD Exchange Rate Only) AvatarDaily NKQuestions or comments about this article? Contact us at [email protected] Economic development key focus in North Korean rubber stamp parliamentary session News Hamhung man arrested for corruption while working at a state-run department store By Daily NK – 2018.04.13 5:35pm News News News last_img read more

  • Maintaining access to innovation through Prostheses List

    first_imgMaintaining access to innovation through Prostheses List AusBiotech has submitted comment on the Department of Health’s Prostheses List (PL) consultation on behalf of members, advocating for maintained access to new innovation in order to achieve good outcomes for patients through timely access to the medical devices they need.While AusBiotech accepts that some reform may be needed to the PL, it is but small in nature. It has encouraged the Department to maintain the PL, and the benefits and the value it brings to innovators and patients. The consultation paper offered two options for consideration: major reform, or completely changing the system.Lorraine Chiroiu, CEO, AusBiotech, said, “Medtech innovators are the engine of the healthcare system, and they need a supportive system throughout the entire pipeline to be able to deliver new technologies for patients and surgeons. If a well-constructed and considered reform is not achieved then the development of Australian research and industry in the medtech sector will be collateral damage in the pursuit of minimising cost.”Through its submission to the Department, AusBiotech demonstrated how the proposed Diagnosis Related Groups (DRGs) model would erode value, choice and access to innovation and novel technologies. DRGs would implement a simple accounting methodology that does not account for the health benefits that protheses offer.Rather, healthcare should be approached with an all-of-government perspective. Implementing DRGs will damage the research and development ecosystem with the proposed changes further disincentivising manufacturing during a time we are looking to strengthen it. COVID-19 has not only brought life sciences’ social and economic contributions to the fore, it has also highlighted Australia’s sovereign capabilities, and the Australian Government has backed six key national priorities, including medical products, with its $1.3 billion Modern Manufacturing Initiative. Implementing DRGs would be wasting the benefit of the local innovations/innovators present in Australia’s thriving sector.A ‘win/win’ opportunity for the Australian Government to build on its support and become a global contender was offered. AusBiotech’s submission details how, through the creation of a ‘sandbox’ environment, Australian medtech companies would be able to realise their full potential. This environment would enable the small companies a chance to be reimbursed, while maintaining the necessary rigorous regulatory and safety requirements but, importantly, truncating the ‘dead’ time it can take to access the prostheses benefits.As the national voice of the life sciences industry, AusBiotech champions advocacy and regularly submits commentary on behalf of its members and the Australian life science industry.Read AusBiotech’s full response to the PL consultation here, and all AusBiotech submissions here. /Public Release. This material comes from the originating organization and may be of a point-in-time nature, edited for clarity, style and length. View in full here. Why?Well, unlike many news organisations, we have no sponsors, no corporate or ideological interests. We don’t put up a paywall – we believe in free access to information of public interest. Media ownership in Australia is one of the most concentrated in the world (Learn more). Since the trend of consolidation is and has historically been upward, fewer and fewer individuals or organizations control increasing shares of the mass media in our country. According to independent assessment, about 98% of the media sector is held by three conglomerates. This tendency is not only totally unacceptable, but also to a degree frightening). Learn more hereWe endeavour to provide the community with real-time access to true unfiltered news firsthand from primary sources. It is a bumpy road with all sorties of difficulties. We can only achieve this goal together. Our website is open to any citizen journalists and organizations who want to contribute, publish high-quality insights or send media releases to improve public access to impartial information. You and we have the right to know, learn, read, hear what and how we deem appropriate.Your support is greatly appreciated. All donations are kept completely private and confidential.Thank you in advance!Tags:agbiotech, AusBiotech, Australia, Australian, Australian Government, biotech, biotechnology, Biotechnology Industry, consultation paper, Department of Health, diagnosis, ecosystem, environment, Government, health, healthcare, innovation, manufacturing, medical devices, outcomeslast_img read more

  • All Children on Remand to Be Housed In New Juvenile Centre by Christmas

    first_imgRelatedAll Children on Remand to Be Housed In New Juvenile Centre by Christmas All Children on Remand to Be Housed In New Juvenile Centre by Christmas Office of the Prime MinisterAugust 4, 2010 RelatedAll Children on Remand to Be Housed In New Juvenile Centre by Christmas FacebookTwitterWhatsAppEmail All children on remand are to be housed in a specially created Juvenile Remand Centre on Metcalfe Street, Denham Town, Kingston, by Christmas.The Prime Minister, the Hon Bruce Golding, was given this assurance by officials of the Ministry of National Security during his tour of the location Wednesday afternoon (August 4).The facility, which is a former adult remand centre, is currently under renovation and expansion.Mr. Golding noted that the centre will allow Jamaica to better honour its human rights obligations, as children who are currently being held in adult facilities will be moved there.Commissioner of Corrections, Lt. Col. Sean Prendergast, informed the Prime Minister that the $149 million project will have the capacity to house 208 boys and girls, and has facilities such as a farm, a covered multi-purpose court, classrooms, a library and a computer room.Col. Prendegast said that the dormitories are more spacious than those in the facilities that now house children. There will also be adequate parking and meeting space for visitors, including lawyers and family members.The centre will have standby generators, independent water systems, special sanitary facilities, fire escapes for the 4-storey buildings and also a medical facility.Mr. Golding expressed his pleasure at the work accomplished so far by soldiers from the Engineer Regiment of the Jamaica Defence Force (JDF), under the command of Colonel David Cummings and Project Officer, Major Dervon Lewis.He encouraged them to keep up the pace, so that the Department of Corrections can meet the Christmas deadline.According to the Ministry of National Security, there are currently more than 100 children on remand.The Prime Minister was accompanied on the tour by the Minister of National Security, the Hon Dwight Nelson, Commissioner of Corrections, Lt Col Sean Prendegast and Commissioner of Police, Owen Ellington.Mr. Golding announced a number of measures in the House of Representatives on March 2, to address the issue of adequate accommodation for children placed in custody of the State by the Courts. He was responding to the Report of the Commission of Enquiry into the May 22, 2009 tragedy at the Armadale Juvenile Correctional Centre, St. Ann, in which seven girls perished in a fire at the institution.center_img Advertisements RelatedAll Children on Remand to Be Housed In New Juvenile Centre by Christmaslast_img read more

  • Gov’t Working to Revitalize Livestock Industry

    first_imgRelatedGov’t Working to Revitalize Livestock Industry RelatedGov’t Working to Revitalize Livestock Industry Gov’t Working to Revitalize Livestock Industry AgricultureNovember 11, 2011 By Bryan Miller, JIS Reporter FacebookTwitterWhatsAppEmail MONTEGO BAY — Minister of Agriculture and Fisheries, Hon. Robert Montague, says the Government is committed to ensuring the survival of the livestock industry, noting that several strategies are being implemented in collaboration with state and private agencies. “We are confident that the livestock industry will survive. We are confident that with the policies of the Government and the investments of the private sector, we will be able to rebuild the livestock industry to be a vibrant part of the agricultural sector,” he stated. Minister Montague, who was addressing the 14th staging of the Minard Livestock Show and Beef Festival on November 10 in St. Ann, informed of collaboration with the Ministry of Education to increase the local milk content in the school feeding programme. He said the Ministry is looking to boost milk production, noting that of the more than 140 million litres of the product that is consumed annually in Jamaica, only 25 million litres is produced locally. Minister Montague expressed confidence in THE ability of the industry to flourish, stating that the livestock in Jamaica is among the best in the world. The 2011 staging of Minard Livestock Show and Beef Festival was held under the theme: ‘Livestock for life: Support our local industry’. The show’s objective is to improve the competitive marketing position of locally produced beef, milk and their value-added products, and to stimulate the interest of the general population, as well as the students, in the livestock industry. RelatedGov’t Working to Revitalize Livestock Industry Advertisementslast_img read more

  • Facebook mulls Reliance Jio investment

    first_img Australia funds regulator to oversee new media law Author Asia Previous ArticleUAE bank ups mobile wallet reachNext ArticleiPhone suppliers halt India production Diana is Mobile World Live’s US Editor, reporting on infrastructure and spectrum rollouts, regulatory issues, and other carrier news from the US market. Diana came to GSMA from her former role as Editor of Wireless Week and CED Magazine, digital-only… Read more Tags Jio to acquire 800MHz spectrum from Airtel for $204M Social media giant Facebook was tipped to take a significant stake in Indian operator Reliance Jio, as part of a bid to expand its presence in the country, Financial Times (FT) reported.Sources told the newspaper Facebook was nearing a deal to acquire a 10 per cent share of the company as part of a “multibillion-dollar” transaction.In its Q4 2019 earnings report, Reliance Jio said it had 370 million subscribers as of 31 December 2019. Analysts at financial company Bernstein pegged its worth at more than $60 billion.An agreement was originally expected to be announced sometime this month, but the global outbreak of Covid-19 (coronavirus) threw the timing into question, FT reported.The move comes as Facebook looks to establish a more secure foothold in a strategically important market.On earnings calls throughout 2019, executives pointed to India as a leading driver of growth in daily active users on Facebook’s namesake app. In July 2019, TechCrunch reported the company’s WhatsApp platform hit 400 million users in the country.But Facebook has long struggled with regulatory hurdles in India, most recently battling for approval to launch a WhatsApp payments feature there.And in 2016, authorities blocked Facebook’s attempt to offer consumers in the country its Free Basics sponsored data programme, which would have provided access to its platform at zero cost. Subscribe to our daily newsletter Backcenter_img AddThis Sharing ButtonsShare to LinkedInLinkedInLinkedInShare to TwitterTwitterTwitterShare to FacebookFacebookFacebookShare to MoreAddThisMore 25 MAR 2020 FacebookReliance jio Related HomeAsiaNews Facebook mulls Reliance Jio investment Diana Goovaerts Jio profit soars on subscriber gainslast_img read more

  • Stenson builds three-shot lead over Spieth in Atlanta

    first_imgATLANTA – Two years after Henrik Stenson sailed to victory at the Tour Championship, he has another comfortable lead after 36 holes at East Lake and Jordan Spieth is chasing him. Back then, Spieth was a 20-year-old rookie. Now he’s the Masters and U.S. Open champion, and he found a spark in a steady drizzle Friday. Stenson overcame a few mistakes off the tee and was solid on the back nine for a 2-under 68, stretching his lead to three shots over Spieth going into the weekend and moving closer to his first win of the year – and a $10 million bonus for claiming the FedEx Cup. ”I didn’t feel like it was my best day, but I managed to keep it together and 2 under around here is never bad,” Stenson said. He doesn’t know anything different. This was his sixth straight round under par at East Lake, a course where the Swede has led after every round he has played. Stenson, who went wire-to-wire in the Tour Championship in 2013, was at 9-under 131. Tour Championship: Articles, photos and videos Spieth has made only one bogey over two rounds, and a pair of par saves on consecutive holes on the front nine felt just as valuable as his four birdies in a round of 66. The average score was 71.6 on a wet day that yielded only four rounds under par. Spieth went from the right rough to the left rough on No. 5 and still had 60 yards left and a tree in front of him. He took a risk going through the tree to 6 feet for par, and then rolled in a 20-foot par putt for a bunker save on the par-3 sixth. ”It was huge,” Spieth said about the par saves. ”I thought I may have to re-tee, and I was just kind of all over the place at that time. And that third shot I hit on 5, I mean, one of 10, maybe. There was no other option, but it wasn’t necessarily smart. And I had to have the wind blowing this branch back and forth, I had to hit it when it blew it this way or else it would have gone up into it.” He closed with a 20-foot birdie putt on the par-3 18th to get into the final group. Paul Casey made bogey from the bunker on the 18th for a 70 and was four shots behind, while Open champion Zach Johnson birdied three of his last four holes to overcome a double bogey on the par-5 ninth. He had a 70 and was at 4-under 136. Jason Day, in his first event as No. 1 in the world, finally looked human. He felt flat, wasn’t sharp off the tee or into the greens, and shot a 71. It was his third round over par in his last 10 tournaments, and it left him nine shots behind. Stenson was four shots clear of Adam Scott after 36 holes when he won the Tour Championship two years ago, with Spieth another shot behind. Spieth made a late run on Sunday and tied for second, capping off a remarkable rookie season. He is looked at differently now – the Masters and U.S. Open champion and looking more certain to be voted PGA Tour player of the year. ”He’s one of the best players in the world as we know, and had a fantastic year behind him,” Stenson said. ”So he’s going to be a very tough contender throughout these last two days. He was good already back then, but he’s certainly not any less good now. We know that much. Once again, I’ve got to focus on my game and bring my game and keep my head down and foot down and press on if I want to leave the guys behind me.” The biggest challenge figures to be East Lake, especially with more wet conditions in the forecast. The Bermuda rough can be tricky when it’s dry because it can be difficult to judge how far the ball flies out of it. Wet rough is difficult in a different manner. It makes the course longer off the tee, and longer coming out of the thick grass. Day hit a 3-wood from 195 yards in the rough on No. 5. Had it been dry conditions like Thursday, Day figures he would have hit 8-iron. Stenson hit a 4-wood and a gap wedge to a front pin on No. 4 in the opening round. On Friday, he hit 3-wood off the tee and still had 6-iron to a back pin. ”That’s a two-club difference when the air is heavy and you’re not getting as much roll,” he said. With a tougher golf course, Stenson said there will be a premium on making fewer mistakes. Spieth is happy to be on a course of this nature, especially after three weeks of watching players – mostly Day – pour in one birdie after another in low-scoring affairs. It was demoralizing at times, especially when Day started 61-63 last week at Conway Farms. ”I wasn’t going to catch him last week,” Spieth said. ”I say that now. You tell me that at the time and I’ll get mad at you. I don’t accept that, and that’s my personality. This week is a bit different because there isn’t a 22 under out there.” But there’s still Stenson, and that could prove just as daunting.last_img read more