Category: xnvpjukrkety

Total Nigeria PLC (TOTAL.ng) Q32017 Interim Report

first_imgTotal Nigeria PLC (TOTAL.ng) listed on the Nigerian Stock Exchange under the Energy sector has released it’s 2017 interim results for the third quarter.For more information about Total Nigeria PLC (TOTAL.ng) reports, abridged reports, interim earnings results and earnings presentations, visit the Total Nigeria PLC (TOTAL.ng) company page on AfricanFinancials.Document: Total Nigeria PLC (TOTAL.ng)  2017 interim results for the third quarter.Company ProfileTotal Nigeria Plc is a marketing and services subsidiary of Total which is a multinational integrated oil and gas company and one of the seven major oil companies in the world. Total operates in 130 countries in the world including Nigeria where it supplies fuel for petrol engines, diesel engines and kerosene. Total’s worldwide business interests cover the entire oil and gas chain from exploration of crude oil and natural gas to the refining, production and trading of petroleum products. Total is also a large-scale manufacturer of chemicals and a major player in low-carbon energies. Total Nigeria Plc has been a leader in the downstream sector of the Nigerian oil and gas industry for over 50 years. The first Total filling station was commissioned in Lagos in 1956. Today, the company operates an extensive distribution network of some 500 service stations, 19 customer service stations, numerous industrial outlets, 5 fuel depots, distribution plants and warehouses located in the Western, Northern and Eastern territories of Nigeria. Its head office is in Lagos, Nigeria. Total Nigeria Plc is listed on the Nigerian Stock Exchangelast_img read more

I’d buy these 2 FTSE 100 dividend stocks to retire on today

first_img 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. Image source: Getty Images. I’d buy these 2 FTSE 100 dividend stocks to retire on today See all posts by Rupert Hargreaves Simply click below to discover how you can take advantage of this. “This Stock Could Be Like Buying Amazon in 1997” 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. Rupert Hargreaves owns no share mentioned. The Motley Fool UK owns shares of and has recommended GlaxoSmithKline. The Motley Fool UK has recommended AstraZeneca. 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.center_img Our 6 ‘Best Buys Now’ Shares Enter Your Email Address Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Rupert Hargreaves | Monday, 3rd February, 2020 | More on: AZN GSK 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. Recent declines in the FTSE 100 have thrown up some attractive bargains. Income seekers, in particular, are spoilt for choice when it comes to finding undervalued blue-chip income stocks.Here are two FTSE 100 dividend stocks that I would buy to retire on today.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…GlaxoSmithKlineHealthcare is one of the most defensive sectors in the market. This implies that healthcare stocks could be great long-term income investments. One of the largest healthcare companies in the FTSE 100 is GlaxoSmithKline (LSE: GSK).Recent trading updates from this organisation show that it is currently firing on all cylinders. At the end of October last year, the company raised its earnings outlook for 2019 for the second consecutive quarter on the back of robust sales of Shingrix, its shingles vaccine. Overall sales rose a staggering 11% to £9.4bn.As Glaxo continues to invest billions in developing its treatment pipeline, this trend looks set to continue. CEO Emma Walmsley has spent a great deal of time and effort trying to refocus the company’s research and development spending.These efforts already seem to be paying off. Initial reports suggest that the company’s oncology division is having a lot of success developing new treatments, which could be fundamental to Glaxo’s sales growth over the long run.Today investors can snap up a share of this pipeline, as well as the rest of Glaxo for just 14.5 times forward earnings. That’s a discount of around 10% to the rest of the UK pharmaceutical industry. On top of this attractive valuation, the stock also supports a dividend yield of 4.5%.AstraZenecaAstraZeneca (LSE: AZN) has similar attractive qualities. The company has prioritised research and development over the past few years, and these efforts are now really starting to yield results.Indeed, City analysts are forecasting a 110% increase in group net profit for 2019. Followed by growth of 19% in 2020.Based on these numbers, the stock is trading at a price-to-earnings ratio (P/E) of 23. That’s quite a bit more expensive than Glaxo. However, Astra’s faster growth rate seems to justify the higher multiple. Also, the stock supports a dividend yield of 2.8%.One of Astra’s most attractive qualities is its rapidly expanding oncology business. The company has been focusing its research and development efforts on cancer medication for some time. While it has taken years for these investments to begin to pay off, analysts believe the group’s patience will yield impressive returns.Estimates vary, but analysts believe the company could have several oncology treatments already under development that have the potential to generate billions of dollars of sales individually throughout their lifespan. That’s without taking into account the potential sales growth these treatments could achieve when combined with other products.As such, even though the stock might look expensive, it could be worth paying a premium to invest in its future growth potential.last_img read more

At 1,250p I think the Shell share price is a buy

first_img Rupert Hargreaves owns shares in Royal Dutch Shell. The Motley Fool UK has no position in any of the shares mentioned. 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. 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. At 1,250p I think the Shell share price is a buy 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. Image source: Getty Images. Simply click below to discover how you can take advantage of this. “This Stock Could Be Like Buying Amazon in 1997” Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge!center_img Our 6 ‘Best Buys Now’ Shares Investor sentiment towards the Shell (LSE: RDSB) share price has deteriorated significantly over the past six months. As investors have become concerned about the outlook for the group, they’ve pushed the stock down to 1,250p. However, despite this performance, the company’s long-term outlook remains attractive. As such, now could be a good time for long-term investors to snap up the Shell share price while it trades at a depressed level. 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…Shell share price on offer Investors have been selling the Shell share price this year for a multitude of reasons. For a start, the price of oil has plunged in value as demand for the black gold has collapsed. On top of this, the company has had to cut its dividend to preserve its balance sheet. For investors who’ve relied on the group to provide a steady stream of dividends in the past, this came as a complete shock. Nevertheless, despite these headwinds, the Shell share price appears to have a bright future. While it’s clear the world is moving away from oil and gas towards cleaner fuel sources, this doesn’t mean Shell is nearing the end of its life. The group is spending tens of billions of dollars diversifying its operations. A key pillar of this strategy is turning the company into one of the world’s largest energy providers. This includes both traditional hydrocarbon and renewable energy.To this end, the group has recently signed a significant renewable energy supply agreement with one of the largest financial institutions in the US. It’s also launched a retail energy business in the UK, an offshore energy partnership, and signed biogas supply agreements. These are just some of the efforts the company is pursuing to secure its future. Progress on this front could help improve investor sentiment towards the Shell share price.And while income investors may see the dividend cut as a black mark against the business, the reduction will free up cash for more green energy investment. In terms of the long-term potential of the company, that seems to be a sensible trade-off. Income championEven though the Shell share price doesn’t offer the same level of income as it did at the beginning of the year, the stock remains a FTSE 100 dividend champion. The dividend yield is currently 6%, which is extremely attractive in the current income environment. It also suggests that, as investor sentiment improves, the Shell share price could rise significantly from current levels, thanks to its income credentials. As such, at 1,250p the Shell share price may be an excellent acquisition for a diversified portfolio. The firm’s green energy efforts and dividend credentials suggest it could produce high total returns for shareholders. That’s despite the near-term headwinds facing the enterprise. Enter Your Email Address Rupert Hargreaves | Friday, 17th July, 2020 | More on: RDSB See all posts by Rupert Hargreaves 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.last_img read more

Amazing finish to Perth thriller between the Chiefs and the Force

first_imgSaturday May 3, 2008 Amazing finish to Perth thriller between the Chiefs and the Force The Western Force upset the Waikato Chiefs with the last play of the game to snatch a 22-21 win in their Super 14 clash at Subiaco on Saturday night. In a dramatic finish, the Force’s Cameron Shepherd appeared to cross for the winning try with 10 seconds to go, only for the video referee to rule a knock-on. However, referee Marius Jonker was playing advantage and the ball went back to Matt Giteau to take the match-deciding kick after the final siren. Giteau was up to the challenge though and it never looked likely to miss. Reminiscent of last seasons classic match, in which Shephered himself had a last minute kick to win it, this game is another in the great, nailbiting wins for the Force at home. Captain Nathan Sharpe thought his side had blown it when Shepherd’s try was disallowed. “What a game – unbelievable,” he said. “I didn’t know we had a penalty. I was disappointed for the boys we didn’t get a try. That is the sort of kick you want Matt Giteau kicking.” Take note of Sharpe’s cheeky comment to the ref when realising they had the penalty. A great finish to a thrilling game.ADVERTISEMENT Posted By: rugbydump Share Send Thanks Sorry there has been an error See it to Believe it Related Articles 25 WEEKS AGO WATCH: Experts explain what actually happens… 26 WEEKS AGO WATCH: Leigh Halfpenny makes yet another… 26 WEEKS AGO Parisse alley-oop magic sets up brilliant… From the WebThis Video Will Soon Be Banned. Watch Before It’s DeletedSecrets RevealedWrinkle Remedy Stuns TV Judges: Forget Surgery, Do This Once DailySmart Life ReportsIf You Have Ringing Ears Do This Immediately (Ends Tinnitus)Healthier LivingHere’s the Purpose of These Little Bumps in the F and J Keys on Your KeyboardNueeyYou Won’t Believe What the World’s Most Beautiful Girl Looks Like TodayNueey10 Types of Women You Should Never MarryNueeyThe content you see here is paid for by the advertiser or content provider whose link you click on, and is recommended to you by Revcontent. As the leading platform for native advertising and content recommendation, Revcontent uses interest based targeting to select content that we think will be of particular interest to you. We encourage you to view your opt out options in Revcontent’s Privacy PolicyWant your content to appear on sites like this?Increase Your Engagement Now!Want to report this publisher’s content as misinformation?Submit a ReportGot it, thanks!Remove Content Link?Please choose a reason below:Fake NewsMisleadingNot InterestedOffensiveRepetitiveSubmitCancellast_img read more

C1 House / Curiosity + Milligram Studio

first_img Area:  189 m² Year Completion year of this architecture project “COPY” Houses Year:  2005 “COPY” Save this picture!+ 15 Share Japan CopyAbout this officeCuriosityOfficeFollowMilligram StudioOfficeFollowProductsGlassConcrete#TagsProjectsBuilt ProjectsSelected ProjectsResidential ArchitectureHousesHousesJapanPublished on December 01, 2008Cite: “C1 House / Curiosity + Milligram Studio” 01 Dec 2008. ArchDaily. Accessed 12 Jun 2021. ISSN 0719-8884Read commentsBrowse the CatalogPartitionsSkyfoldVertically Folding Operable Walls – Classic™ SeriesVinyl Walls3MArchitectural Finishes DI-NOC in Ned Ludd Public HouseShower ColumnshansgroheOverhead ShowersWindowsKalwall®Kalwall® in Featherstone High SchoolLightsLouis PoulsenLamps – LP Slim BoxSealantsEffisusBi-adhesive Tape – 2BondDSConcrete FloorsSikaIndustrial Floor CoatingsPlantersJakobGreen Walls – GreenKitUrban ApplicationsPunto DesignPunto Benches and Litter Bins in Public Space ImprovementsPaintKEIMMineral Paint for Concrete – KEIM Concretal®-WArmchairs / Couches / Futons / PoufsFreifrauArmchair High – MarlaAcousticBASWA acousticThermal-Acoustic System – BASWA CoreMore products »Read commentsSave世界上最受欢迎的建筑网站现已推出你的母语版本!想浏览ArchDaily中国吗?是否翻译成中文现有为你所在地区特制的网站?想浏览ArchDaily中国吗?Take me there »✖You’ve started following your first account!Did you know?You’ll now receive updates based on what you follow! Personalize your stream and start following your favorite authors, offices and users.Go to my stream ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/9542/c1-house-curiosity-milligram-studio Clipboardcenter_img C1 House / Curiosity + Milligram StudioSave this projectSaveC1 House / Curiosity + Milligram Studio Projects CopyHouses•Japan ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/9542/c1-house-curiosity-milligram-studio Clipboard ArchDaily Architects: Milligram Studio; Interior Designers: Curiosity Area Area of this architecture project Text description provided by the architects. The originality of the c-1 project started from the design process. it is designed as a product, unique independant, a seamless space where architecture interior furniture and products will become an unique emotional experience, each carefully connected. Save this picture!Recommended ProductsWindowsAccoyaAccoya® Windows and DoorsDoorsC.R. LaurenceCRL-U.S. Aluminum Entice Series Entrance SystemEnclosures / Double Skin FacadesRodecaRound Facade at Omnisport Arena ApeldoornDoorsSky-FrameInsulated Sliding Doors – Sky-Frame ArcC-1 designed like a movie with a scenario and story boards, the basic design include from the beginning all the aspects of the project, from the shape of the building to the light switch position. Save this picture!The basic design defines the different missions project that should be initiated to achieve the goal, from building design to tap design. Thus unlike the usual process of articture projects which is of course designed from architecture, inetrior and finally products, all designs were developped in parallell. Save this picture!The basic architectural design, a glass box surrounded by a walkway-gallery that connects the floor, was designed before the land was found. the basic design is defined from a user point of view, with movement and discovery as the main theme. the design is not defined by the wall and floor but by the movement of the user within the space, defined by a series of scenes. how the user will appear and disappear from floor to floor. to realise the seamless movement, the cooperate architec, tomoyuki ustumi proposed to use 25mm steel slabs as floor and finally the thickness finally comes to only 60mm when added to the flooring material. this is equivalent to a line in the architectural scale. As the walkway surrounds the house, the interior should be designed in 3 dimensions, visble from floor level to ceiling level the top of a table is as visible as the buttom, a real 3d interior, and a very difficult challenge. using 3d animations the sequences of the interior were check from all angles. Save this picture!Also, the challenge of c-1 is to define a different topology for the different aspects of life. an alternative to the existing our perception of space and object is the result of informations we memorized as we try to recognize things to understand them. c-1 design aim to define a different perception, the existence itself of each element and object is questioned. Save this picture!1-the exterior of the building itself, a specific material like wood or concrete would reveal the scale of it, the actual finish create a scaleless architecture. in the same way to achieve seamless interior materials were developed. the facade finish and interior is the same, a textured white finish, a specific melamine (collaboration with aica) was created to achieve the same visual effect with high functional specification for strenghs and cleaning. Save this picture!2-the size, proportion, hight and materials of furniture re-evaluated the perception of scale. without user within the space the real scale and size of the interior is difficult to evaluate. all the elements that could reveal the scale and function of the space were redesigned. the kitchen identity, usually revealled by the tap and hood design disappear as the tap (just a metal line) and hood (integrated vertically within the wall) was developped, so the kitchen function even open does not seems to exist. A private house is not a canvas for life it should define life itself, each action and movement is defined and controlled by the design of the space and it creates the balance of life, the speed and rythm of the human body.Save this picture!Project gallerySee allShow lessRooftecture S / Shuhei EndoSelected ProjectsArchery Center / Atelier PhileasSelected Projects Share C1 House / Curiosity + Milligram Studiolast_img read more

Frogs’ Oklahoma natives overpower Sooners to win 2-0

first_imgReddIt TCU places second in the National Student Advertising Competition, the highest in school history Robbie Vaglio Robbie Vagliohttps://www.tcu360.com/author/robbie-vaglio/ + posts I am the executive editor of TCU 360 from Raleigh, North Carolina. If you walk by my desk in the newsroom you’ll immediately know I’m Post Malone’s biggest fan. I’m always looking for a good story to tell! If you have any story ideas, feel free to reach out! Go Panthers! ReddIt The College of Science and Engineering Dean, Phil Hartman, retires after 40 consecutive years Previous articleNo. 6 TCU triumphs over Kansas State to become bowl eligibleNext articleHoroscope: October 18, 2017 Robbie Vaglio RELATED ARTICLESMORE FROM AUTHOR Robbie Vagliohttps://www.tcu360.com/author/robbie-vaglio/ Twitter Facebook Facebookcenter_img Robbie Vagliohttps://www.tcu360.com/author/robbie-vaglio/ Robbie Vagliohttps://www.tcu360.com/author/robbie-vaglio/ Linkedin Snow temporarily stepping down as honors dean printThe Horngs Frogs toppled the Sooners 2-0 Friday night courtesy of a goal in each period and a strong overall performance from sophomore goalkeeper Katie Lund, who made four saves en route to her sixth shutout of the season and her ninth complete-game shutout of her career.Head coach Eric Bell was proud of his group’s performance on the night, praising the team’s defensive intensity all night.“It was a total team effort from defending and not giving up a lot of chances; to attacking and creating a lot more chances and making the goalkeeper make saves,” Bell said. “We were able to get people more minutes that haven’t played a lot throughout conference play. It was good to get them some quality minutes.”TCU came out of the gate with emphatic play, firing off a plethora of shots on Oklahoma’s goalkeeper McKinley Crone. Crone made five saves in the first half on 13 total shots from the Frogs. TCU also attempted seven corner kicks in the frame.The 30th minute saw a breakthrough from the Frogs. Junior forward McKenzie Oliver’s hard work on the play found freshman midfielder Yazmeen Ryan in front of the net who fired off a shot on goal, sneaking the ball just under the crossbar for her third goal of the season and first career game-winning goal to give the Frogs a 1-0 lead. Oliver recorded her third assist of the season and sixth of her career.The Frogs wasted little time in the second half to earn an insurance goal. Senior forward Emma Heckendorn attracted a multitude of Sooner defenders and found a wide-open sophomore midfielder Tara Smith who dribbled to the end line and converted her shot past Crone. The goal was Smith’s third goal of her career. Heckendorn notched her fourth assist of the season and 20th of her career.The two goals from the Frogs on the night came off the feet of TCU’s two Oklahoma natives. Ryan hails from Norman and Smith is a Tulsa native.Bell was ecstatic following the match, knowing that the team finally earned an offensive breakout game that his team was in desperate need of.“We have been waiting for a little bit of a breakout from a goal-scoring standpoint,” Bell said. “We keep on working on it and we were able to put a couple in the back of the net. I’m happy for Yazmeen and Tara to get into the books against their home-state team.”Lund saved the Frogs in the late stages of the half as she was forced to make three saves late in the match to preserve the victory.Up next for the Frogs is their final road test of the regular season. The Frogs will travel to Ames, Iowa for a Thursday night match-up against the Iowa State Cyclones. Kickoff is set for 7:00 p.m. Two students joined harassment and discrimination lawsuit against TCU Linkedin What to watch during quarantine World Oceans Day shines spotlight on marine plastic pollution TCU wants ex-professor’s discrimination suit dismissed Twitterlast_img read more

Moody’s: Be Careful with Reforms for Fannie or Freddie

first_img  Print This Post Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Previous: Housing Finance in Today’s Market Next: A First Look At February Delinquency Data The Best Markets For Residential Property Investors 2 days ago Demand Propels Home Prices Upward 2 days ago The Best Markets For Residential Property Investors 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago The Week Ahead: Nearing the Forbearance Exit 2 days ago About Author: Ryan Schuette Share Save Tagged with: Fannie Mae Freddie Mac GSE Data Provider Black Knight to Acquire Top of Mind 2 days ago Ryan Schuette is a journalist, cartoonist, and social entrepreneur with several years of experience in real-estate news, international reporting, and business management. He currently lives in the Washington, D.C., area, where he freelances for DS News and MReport. Related Articlescenter_img Servicers Navigate the Post-Pandemic World 2 days ago Demand Propels Home Prices Upward 2 days ago Subscribe Fannie Mae Freddie Mac GSE 2017-03-21 Ryan Schuette Moody’s: Be Careful with Reforms for Fannie or Freddie Servicers Navigate the Post-Pandemic World 2 days ago Home / Daily Dose / Moody’s: Be Careful with Reforms for Fannie or Freddie in Daily Dose, Featured, News, Secondary Market March 21, 2017 1,600 Views Data Provider Black Knight to Acquire Top of Mind 2 days ago Sign up for DS News Daily One of the world’s top rating agencies warned on Monday that sweeping or high-level changes to Fannie Mae and Freddie Mac could unleash a host of unintended consequences on America’s housing-finance system and the global banking sector—just as they enter a new recovery period in the wake of the recession.Moody’s Investors Service released an in-depth analysis of the GSEs that said the changes—while likely not immediate—have the potential to cause “wide-reaching implications” across a swath of industries, including housing and finance.Taken into conservatorship at the height of the 2008 financial crisis, the mortgage giants Fannie Mae and Freddie Mac occupy an outsized role in the u.S. housing sector, facilitating more than half of all home loans in the $11-trillion U.S. residential and multifamily mortgage market.Experts have warned periodically in the past that incomplete or hasty reforms could undermine their place in the economy.”Even proposals whose impact would seem straightforward at a high level, could have unintended consequences in practice,” Bart Oosterveld, a managing director with Moody’s Investors Service, said in a related statement.The assessment also noted that “most GSE reform options would require legislation and navigating the interests of a large number of stakeholders, and there are many proposals for policy makers to weigh.”Something that could be affected? Interest rates.Mortgage-interest rates rise or decline in part on investments in U.S. Treasury debt. Sources shared with us before that any significant change to the GSEs—such as, say,- removing them from federal conservatorship too soon or quickly—could push up rates.”One possible outcome could be a broad increase in interest rates on new mortgages, which would have meaningful and often negative credit implications across most housing-related sectors,” Oosterveld added.According to the report, reprivatization of the GSEs could re-trigger some of the crises experienced in the Great Recession, with the loss of an explicit government backstop potentially creating a “less favorable” regulatory space for mortgage-backed securities.And that, in turn, could shake the foundations underpinning capital and liquidity ratios for banks—most likely including those that pose a systemic risk to the U.S. and global economy in situations involving collapse, Moody’s indicated.Numerous GSE reform bills have cleared their congressional committees in recent years. It’s unclear whether the current Republican-controlled Congress will move on any legislation to reshape Fannie Mae and Freddie Mac.last_img read more

Why it’s good to talk

first_imgRelated posts:No related photos. Previous Article Next Article Why it’s good to talkOn 1 Oct 2000 in Personnel Today Comments are closed. Professional mediator Nicholas Dewar explains how a conflict management systemcan cut costs and improve employee relationsAlternative dispute resolution (ADR) is fast becoming commonplace in civildisputes. Now it is showing up in workplace discrimination disputes. But whatis the point in doing more than an Acas settlement? Experience in the USsuggests that using mediation to manage workplace conflict can drasticallyreduce costs and improve the quality of employee relations. The cost of workplace disputes is increasing because of both the expandingvolume of cases that are filed and the growing value of awards. Similar increasedrisks in the US prompted many large employers to adopt comprehensive conflictmanagement systems. This has earned some big savings for the innovators. Earlyin the 1990s companies such as Motorola, Brown & Root and NCR reportedreductions in litigation expenses of between 50 and 80 per cent afterintroducing such systems. The cost savings go far beyond the reduction in lawyers’ bills. The costs ofinvestigating a harassment claim can exceed £10,000. Add to that the cost ofdisruption in the workplace where colleagues are interrogated, departments arepolarised, and the people closest to the investigation have to take sick leavebecause of the stress. Then comes the cost of replacing the affected employees,who often leave, which can reasonably be expected to fall within the range of75 to 150 per cent of annual salary. Collaboration is crucial The innovative conflict management systems that have saved so much money allincorporate a crucial element that is missing from many modern organisations:collaboration. Conflict management systems typically rely on three other sturdysupports: avoidance, power play and resorting to the judgment of a higherauthority. While each of these mechanisms may work at times, the absence ofcollaboration can result in expensive lost opportunities. Collaborative processes encompass a range of possible actions fromnegotiations between disputants to mediation using a neutral third party.Employers often feel that there is already plenty of opportunity within theirorganisations for their people to resolve problems collaboratively. But surveyshave revealed that these opportunities, which may be described as open doorpolicies or various sorts of counselling, are often mistrusted and sometimesconsidered to be little more than exit strategies. The collaborative processesthat make such a positive difference to workplace dispute resolution havesignificant distinguishing characteristics. These are that they are entirely voluntary, they can be confidential, andthe parties involved keep control over the outcome of the process. Either partycan leave the process whenever they feel they can do better elsewhere,negotiation can be conducted in a private forum, and no one else can dictatehow they handle their problem. For these processes to succeed they must be accessible. This means educatingemployees about their availability and their benefits. It also means trainingthem in the basic skills needed to collaborate in dispute resolution. It meanssupporting employees who need help deciding how to handle their disputes, andit means keeping these processes conveniently near the workplace. Employers who provide a full spectrum of dispute resolution opportunitiesincrease the likelihood that disputes will be resolved at an early stage. Inmany workplace disputes the principal interest of the complainant is to put astop to the harmful activity. Putting in place explicit incremental steps suchas negotiation and mediation encourages employees to use thelower-cost/lower-risk collaborative alternatives before proceeding to obtainauthoritative judgment. Mediation holds an especially significant place among dispute resolutionmethods because if a dispute goes beyond it the parties must make significant,expensive and often damaging and irreversible changes to the way they handleit. In an adjudicatory process an authority is asked to pass judgment, so eachside must show they are right, and that they have been hurt by the other partyor that the assertions of the other party are wrong. Consequently they needevidence. During the investigation process their relationships changedrastically. They are now antagonists obliged to paint the darkest possiblepicture of their opponent. The only way to obtain relief is to defeat theiradversary. In mediation, the process is quite different. The initial objectives of eachparty are to fully understand both their own situation and the other’sperspective. Once they have this information they can, if they wish, find theoutcome that gives them both the greatest possible satisfaction. For this sortof mediated negotiation, evidence is often unnecessary. After all, the twoparties already know what happened because it happened to them (although theywill have different feelings about the significance of events and actions). Notonly is evidence of little use to disputants, it is also of little value to themediator who does not, indeed must not, evaluate the rights and wrongs of thecase. However, it often happens in practice that the disputants have alreadystarted their investigation and collected much of the evidence that they wouldneed to present to a tribunal or a judge. In these situations the mediationprocess may be slightly different because the parties are then able to begin toevaluate for themselves, with the support of their legal advisers, the likelyoutcome of a tribunal or trial. With this additional element the parties are, as it is sometimes called,”mediating in the shadow of the law”. Nevertheless, although theassemblage of evidence may give the parties a better idea of how their casesmight appear to a finder of fact, and may encourage a party who feels theircase is weak to reach agreement without risking a trial or a hearing, it willprobably add very little to the disputants’ understanding of each other’sperceptions and needs, and therefore will not help much in their efforts tofind the most satisfactory solution. Damaging polarisations The need to prove guilt also makes the use of adjudicatory processesparticularly toxic in a workplace environment. The complainant must marshal allsorts of documents and witnesses. The necessary investigations and interviewsin the workplace often lead to damaging polarisations among employees as theprocess effectively obliges them to take sides. The escalation of effort by thecomplainant will inevitably be matched by that of the perpetrator. The battle will almost inevitably destroy whatever relationship remainsbetween the two former colleagues. Once disputants abandon collaborative methodsthere is therefore little hope that the outcome will include their return totheir former workplace. So the use of mediation can avoid the most unpleasantresults of an adjudicated process as well as saving considerable sums of money.It often happens that disputants who have struggled unsuccessfully tonegotiate a solution feel that no mediator will be able help them. But this hasbeen proven not to be true. There are many ways in which a mediator can helpdisputants overcome obstacles that appear to be impassable, and several surveysshow how disputants feel they have been helped by mediation. A survey of lawyers whose clients had been obliged to go to mediation byAmerican courts showed how much mediation can add to failed attempts atnegotiation. Lawyers normally consider themselves to be professionalnegotiators, so the findings of the survey are particularly interesting. Theselawyers found mediation was “an improvement on negotiation” for threereasons: the structure of mediation allows more information to becomeavailable; mediation increases the clients’ sense of participation in andcontrol over their case; and the setting of mediation permits suspicions andmisconceptions to be cleared up, and, instead of just an exchange of demands,the explanation of needs, problems and feelings. Transforming behaviour So there are clear, economic reasons why mediation makes good sense from anemployer’s perspective. However, mediation is necessarily a voluntary processand it is therefore essential for it to be attractive to the people on bothsides of a dispute. Studies in the US show most people appear more satisfied byworkplace mediation than by adjudicated procedures. Whereas rates ofsatisfaction for litigated cases generally range from 30 to 40 per cent, thosefor mediation are reported at between 83 and 99 per cent, and satisfaction withmediated outcomes ranges from 59 per cent to 75 per cent. Perhaps even more interesting from the employer’s perspective, preliminarystudies of the aftermath of mediation show it can transform the behaviour ofthose involved. Over 90 per cent of alleged perpetrators in discriminationcases reported that mediation had positively affected the way that theyapproached conflict resolution. As the numbers of people resorting to employment tribunals continues toincrease, it often seems the tribunal process mirrors some of the worstfeatures of bullying in the workplace. Disputants must endure publichumiliation, are often belittled, degraded and demeaned, and may feel patronisedby the process. By contrast, a properly conducted collaborative process notonly saves money, it also models the sort of conduct that promotes dignity atwork. Nicholas Dewar is a business mediation consultant and a member of theEmployers’ Law Association working party on ADR last_img read more

Interaction strengths in balanced carbon cycles and the absence of a relation between ecosystem complexity and stability

first_imgThe strength of interactions is crucial to the stability of ecological networks. However, the patterns of interaction strengths in mathematical models of ecosystems have not yet been based upon independent observations of balanced material fluxes. Here we analyse two Antarctic ecosystems for which the interaction strengths are obtained: (1) directly, from independently measured material fluxes, (2) for the complete ecosystem and (3) with a close match between species and ‘trophic groups’. We analyse the role of recycling, predation and competition and find that ecosystem stability can be estimated by the strengths of the shortest positive and negative predator-prey feedbacks in the network. We show the generality of our explanation with another 21 observed food webs, comparing random-type parameterisations of interaction strengths with empirical ones. Our results show how functional relationships dominate over average-network topology. They make clear that the classic complexity-instability paradox is essentially an artificial interaction-strength result.last_img read more

Mitchell scores 24, Jazz outlast 76ers for 106-104 victory

first_img Written by FacebookTwitterLinkedInEmailSALT LAKE CITY (AP) — Donovan Mitchell had 24 points and eight assists, leading the Utah Jazz to a 106-104 victory over the Philadelphia 76ers on Wednesday night.Bojan Bogdanovic added 20 points and Rudy Gobert had 14 points, 16 rebounds and three steals. Joe Ingles scored a season-high 16 off the bench for Utah, which outrebounded Philadelphia 50-42.Joel Embiid had 27 points and 16 rebounds to lead the Sixers, who have dropped two consecutive games after a 5-0 start that made them the last unbeaten team in the NBA. Josh Richardson added a season-high 24 points and Tobias Harris chipped in with 16.Ben Simmons did not play in the second half because of right shoulder soreness after bumping into Royce O’Neale’s chest while posting up on a first-quarter play. Simmons finished with two points and two assists in 10 minutes.The Sixers built a 44-36 early in the second quarter after Embiid scored on three straight possessions, capped by a step-back jumper. Utah chipped away at the deficit behind sharp shooting from Bogdanovic. He scored 11 points on 5-of-6 shooting in the second.The Jazz finally went ahead 55-51 when Bogdanovic knocked down a pair of shots and fed Gobert for an alley-oop dunk over three straight possessions.Utah took control in the third behind hot shooting from Mitchell. He scored back-to-back baskets to spark a 12-2 run that gave the Jazz a 78-65 lead late in the quarter. Mitchell totaled four field goals and assisted on two others during the quarter.Embiid hit four free throws over consecutive possessions to help trim Utah’s lead to 103-101 with 1:51 left. Bogdanovic hit a 3-pointer on the ensuing possession to keep Philadelphia from taking the lead. It ended up being the only outside basket the Jazz made during the quarter.TIP-INS76ers: Richardson had his first 20-point game of the season. . Sixers coach Brett Brown was whistled for a technical foul in the third quarter. . Raul Neto spent his first four NBA seasons with the Jazz. Neto finished with 11 points and a team-high four assists during his first game back in Utah after signing with the Sixers over the summer.Jazz: Mitchell made his first four shots and scored 10 points in the first quarter. . Gobert was whistled for a flagrant 1 foul in the third after swinging his arm out and hitting Richardson in the face. . Utah shot its first free throws with 2:28 left in the second quarter.UP NEXT76ers: Play at Denver on Friday.Jazz: Host the Milwaukee Bucks on Friday. November 6, 2019 /Sports News – Local Mitchell scores 24, Jazz outlast 76ers for 106-104 victory Associated Press Tags: Donovan Mitchell/NBA/Utah Jazzlast_img read more