Jorge BarreraAPTN National NewsThe federal Liberal budget unveiled Wednesday provided no new funding for First Nations child welfare, but it promised to create an “Indigenous Framework on Early Learning and Child Care” at the conclusion of ongoing consultations with First Nations, Inuit and Metis stakeholders.The Justin Trudeau government is prepared to invest additional dollars into First Nation child welfare and is planning to develop the framework with input from stakeholders before committing to the new funding, said a federal official speaking on background.Finance Minister Bill Morneau would not say when the new money would surface while responding to a question on the issue from APTN host Todd Lamirande during a press conference Wednesday afternoon.“This is of continuing importance to us and this is a dialogue we have to continue,” said Morneau.While Morneau spoke, the Canadian Human Rights Tribunal held a hearing a few blocks away on Ottawa’s failure to comply with a 2016 ruling ordering an end to the discrimination of First Nations children by the continued federal underfunding of on-reserve child welfare services.The hearing was sparked as a result of a non-compliance motion filed by Cindy Blackstock, the head of the First Nations Child and Family Caring Society, the Assembly of First Nations, Nishnawbi Aski Nation and the Chiefs of Ontario.Blackstock and the AFN launched a human rights complaint against Ottawa over its underfunding of First Nations child welfare services in 2007. The human rights complaint also targeted Ottawa’s uneven application of Jordan’s Principle which places the care of First Nations children ahead of jurisdictional disputes over funding.In a recent filing with the tribunal, Ottawa claimed the quasi-judicial body had no authority to control how the federal government chose to spend dollars or interpret how it should comply with the ruling.Blackstock has told APTN she may be forced to seek a contempt order against Ottawa with the Federal Court.Ottawa has argued it is doing all it can on child welfare for the moment. Last year’s budget committed $643 million over five years in new funding for child welfare, with the majority of the dollars flowing in the last two years. The Liberal government set the amount which appeared in the 2016 budget before the tribunal issued its ruling.Indigenous Affairs Minister Carolyn Bennett has said the system needs deep reform, but it won’t happen without more consultations. Bennett has dispatched a ministerial representative to help conduct the firstname.lastname@example.org@JorgeBarrera
13Feb Rep. Webber attends annual State of the State Address Categories: Webber News,Webber Photos PHOTO INFORMATION: State Rep. Mike Webber welcomed Dr. Jim Lentini, Oakland University Provost, as his guest on the House floor for the annual State of the State address.
Wait until you see what could happen in America as early as this MAYAn unbelievable phenomenon is set to sweep the nation as early as this May…The railroad age… the steel age… the electronics age… the technology age – this phenomenon triggered them all. And now it’s taking shape again!Watch this special, time-sensitive presentation now for full details on how it could affect your job… your lifestyle… and your wallet. Sponsor Advertisement As Ted Butler pointed out on Saturday, the configuration of Friday’s COT report for both gold and silver is still very bullish, with lots of room to run to the upside.The gold price came under steady selling pressure starting at precisely 8:00 a.m. Hong Kong time on their Monday trading day. The sell off accelerated a bit shortly after London opened…and the low of the day was in about 9:30 a.m. GMT.The price bounced off that bottom a couple of times after that, but the moment that the Comex opened in New York at 8:20 a.m. Eastern time, it was up…up…and away. But once the price broke above $1,732 spot, there was obviously a seller there to make sure that the price didn’t finish the day above the Friday New York close.Gold closed at $1,730.30 spot…down $7.00 on the day. Net volume was a very light 79,000 contracts…or thereabouts.Silver’s price path was similar…and it’s low came at 11:30 a.m. in London, which might have been an early London silver fix. The subsequent rally ran out of gas at 11:00 a.m. in New York right on the button, which also happened to be the close of London trading.After the London close, silver got sold off about 40 cents, but gained about half of that back by the close of electronic trading in New York at 5:15 p.m. Eastern.Silver closed at $33.50 spot…down 49 cents on the day. Net volume was on the light side at 27,500 contracts, a lot of which would have been of the high-frequency trading variety.The dollar index opened in a rally mode the moment that trading began in New York at 6:00 p.m. on Sunday evening…and at 9:00 a.m. Eastern time yesterday morning, was up about 55 basis points…and then spent the rest of the trading day giving back about 30 points of that gain. The dollar index closed at the 79.10 level…up about 25 basis points from Friday.The gold stocks pretty much followed the gold price action…and the HUI finished down 1.08%.Considering the fact that silver was down about 50 cents on the day, the shares themselves hung in their very well…and Nick Laird’s Silver Sentiment Index only closed down 0.84%.(Click on image to enlarge)Well, the CME’s Daily Delivery Report showed all the deliveries for First Day Notice for the February delivery month in gold. There were 893 gold and 114 silver contracts posted for delivery tomorrow. The big short/issuer in gold was the Bank of Nova Scotia with 845 contracts…and taking the lion’s share of the deliveries was Deutsche Bank with 472 contracts…and Credit Suisse First Boston with 247 contracts.In silver, it was the three ‘usual suspects’ with the lion’s share of the action. This time Jefferies was joined by the Bank of Nova Scotia as a short/issuer…with 38 and 76 contracts respectively…and JPMorgan stopped/received 100 of those contracts…49 for its client account and 51 for its in-house [proprietary] trading account. The link to the Issuers and Stoppers Report, which is worth skimming, is here.The GLD ETF had no report yesterday…but the SLV ETF did. Authorized participants added 3,158,805 ounces of silver…replacing, almost to the ounce, everything that had been withdrawn since the end of December. Ted Butler suspects that much more is owed to the fund than that.The U.S. Mint had a sales report. They sold 1,500 ounces of gold eagles…1,000 one-ounce 24K gold buffaloes…and 385,000 silver eagles. Year-to-date the mint has sold 122,500 ounce of gold eagles…12,000 one-ounce 24K gold buffaloes…and 6,082,000 silver eagles.Friday was another busy day at the Comex-approved depositories. They reported receiving 927,431 troy ounces of silver…and shipped a smallish 83,501 ounces out the door. The link to that action is here.Silver analyst Ted Butler has his usual weekly review posted for his paying subscribers on Saturday…and here are two free paragraphs…“The price takedown starting in late-September and lasting through the end of December was all about commercial COT positioning and price manipulation. Especially in silver, the epic decline in price with the concurrent radical change in the COT structure was deliberate and intentional. Only a fool, or someone who refuses to see, would fail to recognize what just occurred. Silver (and gold) were driven lower in price to force speculative selling and to allow the commercials to buy massive quantities of what the speculators sold. After the commercials bought as much as they could possible buy, then prices rallied sharply. It’s impossible for this commercial activity to have occurred with collusion and intent. That the CFTC sat by and allowed this to occur (once again) without defending and protecting the public or our free markets is beyond shameful.“The CFTC’s failure to regulate aside, this last few months seem to have developed as explained in advance, if not predicted. I did not predict (or expect) the 35% price smash over the last few days of September; but I feel I have explained it adequately. There is no way that one can be invested in a market and not invested at the same time. All you can do is pay your money and take your chances. Risk grows as prices increase, but the structure of the COT is still bullish and not bearish. Maybe that will change in time, but until it does it is reasonable to expect higher prices. And maybe sharply higher prices.”Reader and technical analyst, Scott Pluschau, has a few things to say in his current blog. His e-mail read “This week’s COT report was an eye-opener in the 10-year treasury futures.” If you’re interested in this sort of thing, here’s the link to his blog.Here’s a graph that Washington state reader S.A. sent me yesterday. It looks suspiciously similar to the one that was posted in a zerohedge.com article headlined “Europe’s Scariest Chart” that reader Richard Craggs sent me yesterday.(Click on image to enlarge)Since it’s Tuesday, I have more than the usual number of stories posted, so I hope you have the time to skim them all.“I cannot predict how long policymakers can hold economic Armageddon at bay with spin, money creation, currency swaps, intervention in gold and silver markets, and outright lies. The onset could be sudden and take place this year, but we shouldn’t underestimate the power of spin over a gullible public that trusts ‘their’ government and fervently believes that Muslim terrorists are out to get them…and that the demise of the Constitution, the product of a eight hundred year struggle that produced Anglo-American civil liberty, is worth the price of ‘safety’. There is no safety in a police state and a debauched currency. The comfortable world that Americans have known is falling apart at the seams.” – Dr. Paul Craig Roberts…January 6, 2012For the last trading day of the month going into First Notice Day of the February delivery month for gold, I really wasn’t expecting a lot. With net volume as light as it was, it wasn’t hard for any interested party to knock gold and silver down…and they took the opportunity to do so…although platinum and palladium prices were barely affected. But, with the January delivery month now off the board, it’s a brand new ball game, so we’ll see how things unfold from here.The preliminary open interest numbers for yesterday showed a decent decline in gold…and a modest increase in silver o.i. But whatever it means in the grand scheme of things, won’t be know until this Friday’s Commitment of Traders Report.The same can be said for last Friday’s final open interest numbers. Despite the big rallies in both metals, gold o.i. was down a decent amount…and silver o.i. was basically unchanged. I was very encouraged by those numbers.As Ted Butler pointed out on Saturday, the configuration of Friday’s COT report for both gold and silver is still very bullish, with lots of room to run to the upside. But, as per usual, how high the price goes…and how fast this rally unfolds…is 100% dependent on how the traders in the Commercial category respond as the tech funds and small traders place their long positions…and I know that Ted is watching their every movement like a hawk. So am I.And as you can tell from the gold analysts above, everyone is expecting the prices of both gold and silver to rise significantly in the not-too-distant future. As of this writing…and according to the netdania.com website…gold is up 11.5% so far this year…and silver is up 22.6%. If all these predictions turn out to be true, it’s going to a wild year in the precious metals…and all the trials and tribulations from last year will soon be forgotten. We’ll see.As I mentioned in my first column of 2012…I considered the lows of December 29th to be the bottom for this move down, so the big rallies we’ve experienced over the last month have not come as a real big surprise to me. It’s what happens from hereon in that I’ll be most interested in.Both gold and silver are up a bit now that London has been open for trading for over two hours. Gold is up $11 bucks…and silver is up two bits. Volumes in both metals as of 5:13 a.m. Eastern time are already pretty chunky, so it’s obvious that these rallies…small as they are…are not going unopposed. It would be my guess that a large percentage of the current volume in each metal, would be of the high-frequency trading variety.That’s all I have for today…and I await the New York open with great interest…but always keeping in mind that “there are no markets anymore, only interventions.”See you tomorrow.
As mentioned above, sukuks are typically denominated in the currency of the issuing country. No surprise, then, that Malaysian ringgit-denominated sukuks accounted for 63% of total issue value for 2013. What might surprise is that 15% of total issue value in 2013—US$28 billion—was sukuks denominated in US dollars, up from 13.9% in 2012. If the US Fed continues to make good on its promise to taper its QE program, and if US interest rates indeed rise, the dollar should continue to strengthen and benefit US dollar-denominated sukuks. Total sukuk issuance is estimated to reach US$70 billion in 2014, according to Moody’s. The governments and government-related entities in the GCC will be the main drivers of sukuk issuance going forward. Being based in Dubai, I can say anecdotally that it is once again on track to become the construction-crane capital of the world. With the real estate market rebounding strongly, development activity has started up across the entire city. In addition, a number of large-scale projects that were put on hold are now moving forward. Many of these new projects will be funded through sukuk issuance. The Dubai government has the explicit ambition to become the center of the Islamic economy. One potential way to profit from this growth will be the sukuk issuances from high-quality sovereign and government-related entities in the United Arab Emirates and other GCC countries. Ankur Shah is the founder of the Value Investing India Report, a leading independent, value-oriented journal of the Indian financial markets. Ankur has more than eight years of equity research experience covering emerging markets, with a focus on Southeast Asia. He has worked as both a buy-side investment analyst for a global long/short equity hedge fund and a sell-side analyst for an emerging markets investment bank. Ankur is a graduate of Harvard Business School. You can learn more about his latest views on global markets at the Value Investing India Report and follow him on twitter at https://twitter.com/AnkurShah47. Islamic finance remains one of the bright spots in the global financial industry post the 2008 financial crisis. Despite two decades of strong growth, the industry is now finally poised to break into conventional financial markets in the West. Islamic finance is comprised of instruments, infrastructure, institutions, and markets that apply Sharia rules and principles. You might be wondering how Islamic finance impacts you, if you’re based in a non-Muslim country. Increasingly it’s being viewed as an avenue of growth for global banks, as the industry caters to the world’s 1.6 billion Muslims. The advent of Islamic finance allowed devout Muslims the ability to access financial products and services without compromising on their beliefs. As a result, total global Islamic banking assets are projected to surpass US$2 trillion in 2014. The Islamic finance sector is primarily comprised of Islamic Banking, Sukuk (Islamic Bonds), Takaful (Islamic Insurance), and Islamic Mutual Funds. The geographic centers of Islamic finance are primarily in Asia (Malaysia and Indonesia) and the Gulf Cooperation Council (Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates). At its core, Islamic finance is governed by fundamental principles outlined in Sharia law. The main distinction between conventional finance and Islamic finance is that the latter prohibits riba (usury/interest). Thus, virtually all Islamic finance products are based on the principle of risk sharing as opposed to risk transfer. For example, an Islamic mortgage transaction would entail the bank purchasing a property and then reselling it to the homebuyer at a fixed profit. The buyer would then have the option to make the payments in installments. However, due to the concept of risk sharing, the bank could not charge additional penalties for late payments but would retain ownership until the loan was paid off. Global Investors and Islamic Finance For global investors, the sukuk (Islamic bond) market is probably the area of greatest interest within Islamic finance. The sukuk is an asset-backed security, which represents ownership in a tangible asset. With a sukuk the initial face value of the bond isn’t guaranteed. Unlike a conventional bondholder, a sukuk investor shares the risk from the underlying asset. In practice, some sukuks are issued with repurchase guarantees, which would result in the investor receiving face value at maturity, much like a conventional bondholder. However, not all Sharia scholars agree this structure is Sharia compliant. Traditionally, governments and government-related entities in Asia and the Gulf Cooperation Council (GCC) issued sukuks denominated in the local currency to domestic investors. However, increased demand from global investors has led to increased cross-border issuance from non-traditional sources. Last September, rating agency Moody’s observed, The year 2014 has become a landmark year for sovereign sukuk, with the UK issuing its inaugural sukuk, and with Hong Kong and South Africa expecting to conclude sales in September 2014. All three are major non-Islamic countries, and the transactions indicate a significant change in the potential size, depth, and liquidity of this market. This move into sukuk finance by countries with populations that are not predominately Muslim marks a shift in the long-held perception that Islamic finance is the domain of Muslim countries. In an effort to assist countries that seek to issue sukuk, Islamic institutions like the Islamic Corporation for the Development of the Private Sector offer help with the structure of sovereign sukuk finance. Malaysian Dominance Malaysia dominates the sukuk finance sector both on a new issuance and outstanding basis, as shown in the following charts.
Recommended Link Take a look at this image. Bet you don’t know what it is… It’s a rare commodity that’s no longer produced in the U.S… but it’s 100% essential to nearly every item used by our military today. And one major country (not North Korea) is about to use it to sabotage the U.S. Armed Forces. When Pentagon officials turn to the only company that can supply this powder, shareholders could multiply their money by 10x or more… Click here to learn how to access the name of this company and its ticker. Rare Refined Powder Can Return 10x More Profits Than Bitcoin? By Justin Spittler, editor, Casey Daily Dispatch Apple just threw out the playbook. The tech giant is going straight to the source to secure one of the world’s most strategic metals. It’s not copper. It’s not gold. It’s not silver… It’s cobalt. Most people don’t even know what cobalt is. But that will soon change. That’s because cobalt has become one of the world’s most sought-after resources. Apple and many other major companies need it to make money. Because of this, Apple’s talking directly with cobalt miners for the first time ever. Bloomberg broke the story yesterday: The iPhone maker is seeking contracts to buy several thousand metric tons of cobalt for five years or longer. This is clearly a big deal for Apple. But this story also has massive implications for everyday investors. I’ll explain why in a second. And I’ll show you how to turn this news into huge profits. But first—why is Apple taking such drastic measures? • In other words, the EV revolution is about to trigger a huge explosion in cobalt demand… However, supplying all this cobalt won’t be easy. There are a couple reasons for this. Number one, about 60% of the world’s cobalt comes from the Democratic Republic of Congo (DRC). According to the International Speculator team, that’s a major problem: The DRC has been relatively stable for the past 10 to 15 years, but it has a long and recent history of extremely bloody conflict and wars. The DRC is also ground zero for the uproar over “conflict minerals.” This makes cobalt supply extremely susceptible to disruptions in supply. Not only that, cobalt is a byproduct. About 98% of it comes from copper and nickel production. That makes getting a steady supply of cobalt difficult. Louis and his team wrote in a recent issue of International Speculator: This makes for a fairly complex supply chain. And it’s one that’s prone to bottlenecks. In other words, most producers will not mine more to meet rising demand if the price of nickel and/or copper doesn’t justify it. As demand for cobalt is growing faster than for nickel and copper, this increases pressure on cobalt supply. According to Louis, this one-two punch of soaring demand and tight supply will lead to a massive supply crunch. Just look at the chart Louis and his team put together. You can see that the cobalt supply is about to get extremely tight. In fact, Louis and his team project that we could see a massive shortfall by 2025.• That’s why Apple is in direct talk with miners… It can’t afford to not have a dependable cobalt supply. And it’s not the only giant multinational company taking drastic measures, either. BMW is also in the process of locking in a long-term cobalt supply. According to Bloomberg, it’s doing this because it expects its demand for cobalt to “surge 10-fold by the middle of the next decade.” Volkswagen AG and Samsung SDI are also looking to pen long-term cobalt supply contracts. This tells you everything you need to know about where the price of cobalt is headed. Unfortunately, it’s not easy to speculate on cobalt. There’s no cobalt exchange-traded fund (ETF). And there are few cobalt pure plays out there.The good news is that we can help. You see, Louis recently recommended a world-class miner that’s highly leveraged to the price of cobalt. Not only that, this company’s cobalt project is located in the United States. That makes it one of the safer ways to speculate on this megatrend.You can learn more about this company by signing up for International Speculator. Click here for details.Regards, Justin Spittler Tulum, Mexico February 22, 2018 Chart of the Day: The U.S. Dollar’s Demise By Joe Withrow, analyst, Casey Research The U.S. dollar is in a major long-term downtrend… That’s the story of today’s chart, which tracks the U.S. Dollar Index from 1982 to today. As you can see, the U.S. dollar has lost 46% of its value since 1985. And as Casey Report editor E.B. Tucker told his subscribers recently, that’s the big story that the mainstream media refuses to report on. Here’s E.B.: Notice how the dollar moves in broad multi-year cycles. Over time it moves lower. Each rally in strength is weaker than the last, followed by a plunge. We’re already in the early stages of the next plunge. You won’t hear much about this in the mainstream press. That’s not a conspiracy; it’s just not what the financial media does. Once the dollar collapses, they’ll write a story about it. That will be too late to help investors. So how do you protect yourself from the dollar’s demise? As E.B. put it, foreign stocks, gold and silver mining firms, and anything related to hard assets should shine. —Joe Withrow Reader Mailbag Today, a reader tells us how he’s preparing for a market crash: I have a few stocks that I’ve learned about from Casey and Stansberry. I know virtually nothing about investing/speculating, but have put in $17,000 and within a year, have shown $10,000 in profit. I have trailing stop losses on all companies that allow them, and I’m going to sell the companies not allowing them after the next correction comes and the prices rise again. (Most have hit the trailing stop loss, though.) Also, I’m continuing to learn. Trying to “keep it simple, stupid,” but at less than 50% profit a year, I must add other means of gaining, because I’m convinced the crash is going to be catastrophic to at least the US economy. Thanks a million for all you’re providing. And don’t take any wooden nickels! Wait… take them! They’re more valuable than the paper! – Jimmy To help all of our readers prepare and profit during a market crash, we just put together a comprehensive report that’s loaded with tips and strategies from the analysts across our business. It’s been popular with our readers so far, and we hope it can help you, too. Click here to download for free. Also, we’d love to hear your thoughts on where you think the market’s headed over the next few months. If you have five minutes, please take this survey we just put together. Your answers will help us find the most compelling investment ideas to share with you, and help improve our services. In Case You Missed It… With the flick of a switch… Beijing could cut the U.S. military down to its knees. At a recent Senate hearing, CIA director Mike Pompeo admitted China’s control of the technology behind this “kill switch” is “a very real concern.” But there’s one company outside of China that could resupply our troops with this key material if that happens. And now, this company is expected to surge 1,127% in the coming months. Click here to learn more. • Cobalt is a key ingredient in lithium-ion batteries… These are the batteries that power iPhones and every other smartphone on the planet. Because of this, smartphones account for about a quarter of all global cobalt demand. But Apple and other companies like it have been buying massive amounts of cobalt for years. So why is Apple doing this now? Simple. It’s worried about a cobalt supply crunch. • You see, cobalt demand has shot through the roof… Cobalt consumption has spiked 13% since 2013… and it is expected to increase another 30% by 2020. We’ve seen this massive surge in demand for a simple reason: electric vehicles (EVs). EVs, as you probably know, aren’t like traditional vehicles. They run on electricity instead of gasoline. Not long ago, the market for these vehicles hardly existed. There were just a few hundred EVs in the entire world. Today, it’s a much different story. As I’ve shown you many times over the past few months, the market for EVs is exploding. It’s one of the world’s biggest megatrends. And now, the EV revolution has forced Apple’s hand.• EVs use lithium-ion batteries, too… But here’s the thing: EVs require far more cobalt than smartphones. In fact, the typical 60-kilowatt EV car battery contains around eight kilograms (18 pounds) of cobalt. Using that number, International Speculator editor Louis James estimates that the EV market could use around 78,400 tonnes of cobalt by 2025. That’s 19 times more cobalt than what was consumed in all of 2016. Recommended Link Congress Expected to Tweak Title 49 of U.S. Legal Code—Accelerates Rollout of Revolutionary New Car – According to estimates by Deloitte, this could cause a $2 trillion shift within America’s auto industry. – Business Insider: We could see 10 million of these cars on the roads by 2020. That would represent a 49,000% spike. – For the full details on this breaking story, click here. — —
Dr. Abdulkadir Abdirahman Adan, who is from Somalia, trained as a dentist in Pakistan. When he returned to Mogadishu, in 2006 to begin practicing, he was distressed by what he saw: People getting hurt or killed near his office in Bakara Market, the result of a long-running civil war in his country.”The people were using wheelbarrows for taking victims to the hospital. Even pregnant [women] were taken in wheelbarrows to the hospital,” he says.”I asked myself, ‘What can I do?’ I decided to start my own ambulance, a free ambulance,” he says.He called it Aamin Ambulance. (“Aamin” is Somali for “faithful.”)At first, the health workers treated people who were hurt in accidents or the ongoing violence. The organization now helps treat and transport pregnant women and patients with chronic illnesses – anyone who needs to go to a hospital. People in Mogadishu dial 999 to reach a dispatcher.But after 12 years, Adan, age 45, says Aamin Ambulance is in financial trouble. The service is funded by donations, and donations have not been enough to keep up with the services Aamin Ambulance provides. Adan says he spent $4,200 of his own money for the organization’s first ambulance, and Aamin grew as he solicited donations from businessmen, family, friends – even his own students.The United Nations Development Programme has donated walkie-talkies, he says.He says his service is the only ambulance in Mogadishu, a city of 2 million, that’s free. Currently there are 16 ambulances, but Aamin can only afford to operate 10 of them.”We will not close completely, but I think we will reduce the number of ambulances,” he says. “We will reduce the number of staff, we will reduce the time and hours of paramedics, and so on.”Aamin Ambulance staff can be the first to respond to an emergency. A year ago, a truck explosion attributed to al-Shabab killed more than 500 people and injured hundreds more. Adan, who sometimes drives an ambulance or serves as a paramedic, says he was one of the first people on the scene, where he saw “a lot of cars burning, collapsing buildings, and many people crying and saying, ‘Can you help us?'””We transported more than 250 people, and almost 80 dead bodies,” Adan says, adding that while the city has been relatively calm in recent months, an attack “can happen at any time.”Apart from the service provided at times of violence, Adan worries that if Aamin Ambulance is forced to reduce its operations further, people could die even when they need more routine care.”If they don’t get early response like an ambulance, they will be at risk,” Adan says. He adds that while some private hospitals may have ambulances, they can be difficult to access and cost money that patients may not have.”The only hope they have is the [free] ambulance,” he says.Adan says it costs thousands of dollars a month to run Aamin Ambulance, and that with more money, he could run all 16 ambulances. He sometimes takes donations in the form of fuel or tires to keep the organization running.And he chips in as well. “Before I pay my bill to the house,” says Adan, “I first pay to the ambulance.” Copyright 2018 NPR. To see more, visit http://www.npr.org/.
Six months ago, I found myself preparing for battle.I was lying in bed at 5:30 a.m., going over in my head how to handle the next encounter with my 3-year-old daughter, Rosy.Goodness knows, I love her so much. But there’s a fire in that little belly. And to be honest, I have no idea how to handle all the anger — the tantrums, the screaming and, most of all, the hitting.When she’s angry and I pick her up, she has a habit of slapping me across the face. Sometimes it really hurts. I’ve even started ducking like a boxer when I lift her up.At first, I reacted as my parents did, with bluster and sternness. That only backfired. All she did was arch her back and fall on the ground.Then I consulted Dr. Google and decided calm and firm was the “correct way.” But Rosy could tell I was still upset and trying to control her.Slowly, a wall was rising up between Rosy and me. And I began dreading our time together. Ugh.Then back in early December, I had an opportunity of a lifetime. I traveled to the Canadian Arctic to report on a story about the Inuit and their remarkable ability to regulate anger. During the trip, I got the chance to hear advice from arguably the calmest, coolest moms in the world: Inuit moms.It was like these moms had handed me the manual on how to communicate with small children. And their advice completely shifted how I discipline.She’s not ‘pushing your buttons’For thousands of years, the Inuit have raised children in one of the harshest places on Earth. During that time, they’ve developed a suite of powerful parenting tools to teach children emotional intelligence, especially when it comes to anger.At the center of these tools is a major tenet: Never shout at small children.”Yelling? There was no yelling at kids [in traditional Inuit culture],” says Martha Tikivik, 83, who was born in an igloo and has six children.In fact, there’s no reason for a parent to get angry at a small child, Tikivik says: “Anger has no purpose. It’s not going to solve your problem. It only stops communication between the child and the mom.”When a child is misbehaving or having a tantrum, the child is too upset to learn, says 89-year-old Eenoapik Sageatook, whose family was forced to settle in a town when she was a little girl. So there’s no reason to scold or shout during these moments.”You have to remain calm and wait for the child to calm down,” she says. “Then you can teach the child.”In other words, cool your jets, Mama Doucleff. Stop blowing your fuse. Stop taking the toddler’s behavior personally. And stop thinking that Rosy is “pushing your buttons,” says Inuit mom and radio producer Lisa Ipeelie.”You think little kids are mad at you,” she says. “That’s not what’s going on. They’re upset about something, and you have to figure out what it is.”OK. I admit that following this advice was really hard. I mean really, really hard. It took weeks of practice (and another trick I learned about anger). At first, I just stopped saying anything to Rosy when she had a tantrum or hit me. I knew that if I opened my mouth, the words would be tinged in anger. So I would just close my eyes to calm myself down and then wait for Rosy to calm down herself.Once I learned not to be angry with Rosy, I began trying to help her with her own anger by loving her. I’d ask if she needed a hug, or I’d hold her really tightly.Then after she calmed down, I took inspiration from the Inuit moms and turned discipline into fantasy and theater.Tell a story Instead of yelling or telling kids what to do, Inuit parents traditionally discipline through storytelling, says Goota Jaw, who teaches an Inuit parenting class at Nunavut Arctic College in Iqaluit, Canada.For example, she says, to get kids to stay away from the dangerous ocean, parents tell them about a sea monster that lives in the water. If you go too close to the water, the parents say, the monster will put you in his pouch, drag you down to the ocean and adopt you out to another family.There are stories to get kids to listen to adults, wear hats in the winter, not take food without asking and go to bed on time.At first, these types of stories sounded too scary for a 3-year-old. Then a few weeks after returning from the Arctic, I flipped my opinion 180 degrees.One afternoon, Rosy and I were in the kitchen, preparing dinner. I was trying to get her to close the refrigerator door. I deployed my typical strategy: adult logic followed by nagging. I explained several times how she is wasting energy.It was like I was talking to a wall.After a few minutes, I found myself in the all-too common predicament of arguing with a proto-human. I was ready to blow a fuse when my thoughts turned to Goota Jaw and the sea monster. So I said, with a half-serious, half-playful tone, “You know? There’s a monster inside the refrigerator, and if he warms up, he’s going to get bigger and bigger and come get you.”Then I pointed into the refrigerator and exclaimed, “Oh my goodness. There he is!”Holy moly! You should have seen the look on Rosy’s face. She closed the door lightning fast, turned around and said, “Mama, tell me more about the monster in there.”Since that moment, storytelling has become a go-to parenting tool in our home. Rosy can’t get enough of these stories and even asks me to make them scarier.Here are a few popular ones right now:1. Sharing Monster: Living up in a tree outside the kitchen window, the sharing monster grows bigger and bigger when little kids aren’t sharing. At some point, he could come up, snatch you and take you up in the tree.2. Yelling Monster: He lives in the ceiling and comes down to snatch little kids who yell and are demanding.3. Shoe Monster: She makes sure kids get their shoes on in the morning — quickly — or else she’ll take you down into the heating vent.4. Dress Spiders: Back in January, Rosy wore the same pink dress day and night for about five days. I couldn’t get her to take it off. I tried talking logically: “Rosy, if we wash it tonight, it won’t have stains on it for school tomorrow.” She looked at me as if I were speaking French.Finally, I got close to her and whispered, “If the dress gets too dirty, spiders will start to grow in it.”Rosy didn’t say a word and slowly slipped the dress off. When I pulled the dress out of the dryer, I held it up and exclaimed, “See? So nice and clean!”Rosy didn’t miss a beat. “And no spiders,” she emphasized.Overall, storytelling has opened up a huge communication channel between Rosy and me. I feel like I’m finally speaking her language. She couldn’t care less about kilowatts of power or stains on the dress. But a monster that grows and spiders that crawl — those ideas she can wrap her head around.Put on a playStorytelling has definitely decreased the yelling, nagging and blown fuses in our home. But the stories didn’t stop the hitting. For that, I needed inspiration from another Inuit strategy, which anthropologist Jean Briggs studied for more than 30 years ago.In a nutshell, here’s how the approach works:When a child misbehaves — hits someone or has a tantrum — there’s no punishment. Instead, the parent waits for a calm moment and then acts out what happened during the misbehavior.Typically the performance starts with the parent tempting the child to misbehave. For example, “Why don’t you hit me?”Then the child has to think: “What should I do?” If the child takes the bait and hits, the parent doesn’t scold or yell but instead acts out the consequences. “Ow, that hurts!” Mom or Dad might exclaim, to show that hitting hurts.Briggs documented that the parent continues to emphasize the consequences by asking follow-up questions such as “Don’t you like me?” or “Are you a baby?”The goal is to give the child a chance to practice the proper behavior at a time when the child is open to learning and not emotionally charged. Throughout the drama, the parent keeps a playful tone and a wink in the eye.With Rosy and her hitting, I definitely had not been reacting in a playful way. Just the opposite: I was stern and serious. So with a hefty dose of skepticism, I abandoned that strategy and gave this playful approach a try.Each time Rosy hit me, no matter how hard she slapped and how infuriated I was, I didn’t get angry. Instead, I said in a dramatic way, “Ooo, that hurts! Goodness that hurts!” to show that hitting hurt me physically and emotionally.Then I asked her this one question, with an exaggerated sense of pain and suffering: “Don’t you like me?” (To hear what I sound like, take a listen to the radio story).Immediately, this fun tone changed Rosy’s behavior. The tension between us melted away, and the hitting decreased. I could see the little gears in her brain churning. “Wait! Am I hurting Mom’s feelings?” she seemed to be thinking. (And I could see that Ipeelie was right. Rosy wasn’t pushing my buttons. She cared about my feelings.)So I thought I’d try putting on a little drama by asking her, “Why don’t you hit me?” The first few tries were rough. She would wallop me. But I stuck to the script, and slowly I could see her thinking before she struck. She started to play-hit me or stopped mid-swing. After about a month, a tiny miracle occurred.We were in the kitchen, having a snack, and I said, “Rosy, why don’t you hit me?””No,” Rosy responded.”No? Why not?” I asked.”Because I love you,” she whispered.”Because you love me?” I said, in complete shock. “That’s very nice.”Nice — and a testimony to teaching kids through stories, play and practice. Copyright 2019 NPR. To see more, visit https://www.npr.org.
A note from the editor:For nine years, Disability News Service has survived largely through the support of a small number of disability organisations – most of them user-led – that have subscribed to its weekly supply of news stories. That support has been incredibly valuable but is no longer enough to keep DNS financially viable. For this reason, please consider making a voluntary financial contribution to support the work of DNS and allow it to continue producing independent, carefully-researched news stories that focus on the lives and rights of disabled people and their user-led organisations. Please do not contribute if you cannot afford to do so, and please remember that DNS is not a charity. It is run and owned by disabled journalist John Pring, and has been from its launch in April 2009. Thank you for anything you can do to support the work of DNS… Labour’s shadow chancellor has described the UK government’s decision to co-host a Global Disability Summit – less than a year after its record on disability rights was dismantled by the United Nations – as “the height of hypocrisy”.John McDonnell, a long-standing supporter of the disabled people’s anti-cuts movement, was speaking to Disability News Service (DNS) after addressing a rival grassroots summit organised by Disabled People Against Cuts (DPAC) in Stratford, east London.He said the government’s summit was an attempt to show that they were world leaders in disability rights “when they are clearly not”, but also “trying to argue that they could somehow influence or teach other countries how to treat fairly and equally disabled people”, which was “just outrageous.”McDonnell (pictured, outside the summit) said disabled people and their allies had worked hard to ensure that the UN’s committee on the rights of persons with disabilities had “the fullest information to be able to assess the government’s performance on its policies towards disabled people”.The result, last September, was “an outright condemnation of the role that the government has played”.He added: “It was the height of hypocrisy then for them to host this event.”He said the summit could have been so much more successful if there had been an “honest discussion about what’s happened to disabled people across the globe but also learning the lessons of what’s gone wrong in this country, and the lessons of what’s gone wrong are that disabled people have born the brunt of austerity”.He added: “If what came out of this summit was the admission by the UK government of their mistakes, at least something would come out of it. I doubt that that would happen.”He also said – as he has stressed previously – that he wants DPAC and other disabled people’s groups “to set the agenda for Labour when we go into power”.He told DPAC’s International Deaf and Disabled People’s Solidarity Summit that a Labour government’s policies would be based on the motto of the disabled people’s movement: “nothing about us without us”.He said: “This is not just an open door. It is a solid invitation: when we go into government, you all go into government.”The DPAC summit had heard from representatives of disabled people’s organisations in four countries – Bolivia, Greece, Malaysia and Uganda – each of whom described how they had fought oppression and discrimination (see separate story).
–shares Bernie Sanders Has Named a Bill After Jeff Bezos Free Webinar | July 31: Secrets to Running a Successful Family Business Amazon Add to Queue 3 min read Nina Zipkin Next Article Entrepreneur Staff It’s called the Stop Bad Employers by Zeroing Out Subsidies (BEZOS) Act. September 5, 2018 Learn how to successfully navigate family business dynamics and build businesses that excel. This story originally published on Aug. 30, 2018.Sen. Bernie Sanders is taking a closer look at how big corporations treat their workers, especially ones overseen by billionaires such as Amazon and Walmart. Here is what you need to know about the conflict between Jeff Bezos’s ecommerce empire and the senator who has built his platform on issues of economic equality.Sanders’s inquiryThe senator from Vermont posted a form on his website asking Amazon employees to share their experience of working for the company, particularly if they used public assistance programs.Sanders invoked Jeff Bezos in the explanation for why he was seeking these accounts, writing on his website, “Amazon is one of the wealthiest corporations in the world, and its owner, Jeff Bezos, is the richest man on the planet, worth over $155 billion. Despite this, Bezos continues to pay many thousands of his Amazon employees wages that are so low that they are forced to depend on taxpayer-funded programs.”While Amazon encouraged its employees to “to tell Senator Sanders their truth,” the company’s leadership also took issue with Sanders’s characterization of the fulfillment center working conditions, saying that the senator was making “misleading accusations.”Amazon’s responseIn a blog post addressing the inquiry, the company claimed that Sanders had not toured a fulfillment center despite invitations to do so.The post also included details about the company’s payment and benefits package, writing that the company created more than 130,000 jobs in the last year. ”Sanders claims that Amazon’s median U.S. salary is $28,446, despite the fact that we’ve made clear that this number is global and includes part-time employees,” the company wrote. “In fact, the median U.S. salary for full-time Amazon employees is $34,123. We encourage anyone to compare our pay and benefits to other retailers.”The post also criticized Sanders’s use of the term “food stamps” when referring to SNAP (Supplemental Nutrition Assistance Program), in part because the lexicon had been phased out in recent years and because those who were participating in the program included “people who only worked for Amazon for a short period of time and/or chose to work part-time — both of these groups would almost certainly qualify for SNAP.”Sanders’s legislationSanders and Rep. Ro Khanna on Sept. 5 introduced a piece of legislation called Stop Bad Employers by Zeroing Out Subsidies, or the Stop BEZOS Act.At the top of a press conference with Khanna, Sanders referenced Bezos, noting his net worth of $168 billion and that since the start of 2018, the Amazon founder’s wealth has increased by about $260 million daily, and proceeded to read from some of responses his office solicited from former and current Amazon employees who were participating in programs such as SNAP, Medicaid and subsidized housing.Sanders said the aim of the legislation was created to “have Mr. Bezos and the Walton family of Walmart and other billionaires get off of welfare and start paying their workers a living wage.” He added, “Specifically, this bill would establish 100 percent tax on corporations with 500 or more employees equal to the amount of federal benefits received by their low-wage workers.” Register Now » Image credit: Juli Hansen | Shutterstock Staff Writer. Covers leadership, media, technology and culture.
June 22, 2016 Add to Queue McDonald’s Could Fetch Up to $3 Billion for China and Hong Kong Stores This story originally appeared on Reuters Image credit: Reuters | Tyrone Siu Next Article Reuters 4 min read McDonald’s –shares McDonald’s Corp. has received more than half a dozen bids for its China and Hong Kong stores, including offers from Beijing Tourism Group, Sanpower and ChemChina, in an auction that could fetch up to $3 billion, people familiar with the matter said.Buyout firms including Bain Capital, TPG Capital and Carlyle Group too are participating in the auction with a view to teaming up with Chinese strategic bidders, they said.The U.S. fast food company had announced in March it was reorganizing its Asian operations by bringing in partners who would own the restaurants within a franchise business. Competitor Yum Brands is also restructuring its China operations by spinning it off ahead of a likely IPO next year.The planned sale of China units by McDonald’s and Yum indicates they are seeking local partners who could help ward off growing competition from domestic rivals and also better manage public perception in the wake of food-safety scares that hit the two fast-food giants in the last few years.”Given the difficulties Western chains have had recently with public perception, local players have become a serious competitive threat,” said Elizabeth Friend, consumer foodservice analyst at Euromonitor International.Oak Brook, Ill.-based McDonald’s has hired Morgan Stanley to run the sale of about 2,800 restaurants in China, Hong Kong and South Korea, Reuters previously reported. The sale in South Korea is being run separately and it was not known if the same parties have expressed interest in that sale, the people added.As part of the deal, McDonald’s is offering a 20-year master franchise agreement to buyers, with an option to extend it by another 10 years.It has stipulated that private equity firms remain a minority partner in any bidding consortium, restrictions that discouraged some buyout funds from participating in the auction, the people added.Among those who were preparing to place first-round bids ahead of the June 20 deadline were Beijing Capital Agribusiness Group, which is McDonald’s current China partner, and GreenTree Hospitality, the people added. It was not immediately clear if they made the bids.McDonald’s will now draw up a shortlist of bidders for the next round in the coming weeks.Volatile EarningsMcDonald’s does not break out country-by-country revenue details but industry data shows it is China’s number-two fast food chain behind Yum, which operates the KFC and Pizza Hut chains.McDonald’s China and Hong Kong business posted about $200 million in earnings before interest, tax, depreciation and amortisation for fiscal 2016, and could be sold for about 15 to16 times its core earnings, taking the deal value to about $3 billion, one of the people said.But the earnings have been volatile, jumping from $65 million for 2015, which is likely to weigh on how some of the suitors could value the business, the people added. Some sources said the sale is likely to fetch around $2 billion.Officials at China National Chemical Corp. and technology and real estate firm Sanpower were not immediately available to comment, while Beijing Tourism said it did not know about the matter. An official at Beijing Capital Agribusiness said the company did not participate in the bidding. A spokeswoman for GreenTree said the company was not bidding currently.Bain, Carlyle and TPG declined to comment. The sources declined to be identified as the sale process is confidential.A McDonald’s spokeswoman said the company was “making progress” in the sale process. “As no decisions have been made, it would be premature to speculate further,” she said in an email.(Reporting by Denny Thomas and Saeed Azhar; Additional reporting by Tris Pan and Lindsy Long in HONG KONG; Editing by Stephen Coates and Muralikumar Anantharaman) Free Webinar | Sept 5: Tips and Tools for Making Progress Toward Important Goals Attend this free webinar and learn how you can maximize efficiency while getting the most critical things done right. Register Now »
© 2018 AFP Yandex instead announced a new smart speaker that uses the voice of “Alisa”—a virtual assistant similar to Amazon’s Alexa Speculation has been mounting for years that Yandex—which dominates internet services in Russia—will put forward its own mobile device to rival giants like Apple, Samsung and Huawei.Excitement reached fever pitch when Yandex announced it would be holding a presentation at its glossy Moscow headquarters, with Russian media reports anticipating a smartphone launch that would be a major step for the company.But Yandex instead announced a new smart speaker that uses the voice of “Alisa”—a virtual assistant similar to Amazon’s Alexa—that will cost around 40 euros.Asked by disappointed journalists about the potential smartphone, Yandex representatives said only: “We are not commenting on this question.”Yandex started in the 1990s as a search engine similar to Google but has since expanded into every corner of the Russian internet, developing maps, taxi and food order apps that Russians use every day.A Russian-designed smartphone—the YotaPhone—was launched in 2013 but has failed to catch on and tech observers have been waiting anxiously for Yandex to jump into the field.Tom Morrod, research director at IHS Markit, said that once Yandex does enter the market it will likely be with a mid-range option aimed at supporting its services.”Non-hardware companies are often happy to take a mid-market position, without hoping to make money. Yandex’s smartphone would likely run on Android but they would put their own environment on it, with all their apps that you probably will not be able to delete,” he said. “It’s about getting people locked into their ecosystem, collect data and advertise,” he added. This document is subject to copyright. Apart from any fair dealing for the purpose of private study or research, no part may be reproduced without the written permission. The content is provided for information purposes only. Citation: Russian tech giant dashes hopes for smartphone (2018, November 19) retrieved 17 July 2019 from https://phys.org/news/2018-11-russian-tech-giant-dashes-smartphone.html Russian search engine alerts Google to possible data problem Russian internet giant Yandex disappointed tech enthusiasts on Monday by failing to unveil what many hoped would be a highly anticipated Russian-made smartphone. Explore further
Karnataka Congress MLA Ramalinga Reddy says he will withdraw resignation, vote in favour of govtCongress MLA Ramalinga Reddy on Wednesday said he has decided to withdraw his resignation from the assembly. This comes a day before the floor test in Karnataka assembly.advertisement Press Trust of India BengaluruJuly 17, 2019UPDATED: July 17, 2019 23:50 IST Karnataka Congress MLA Ramalinga Reddy.In some relief to the embattled coalition government in Karnataka, Congress MLA Ramalinga Reddy on Wednesday said he has decided to withdraw his resignation from the assembly and will vote in favour of the trust vote to be sought by Chief Minister H D Kumaraswamy.”I will take part in the assembly session tomorrow and vote in favour of the party. I will continue to remain in the party and serve as MLA,” he told PTI here.Reddy, a former minister, is among the 13 Congress and three JDS MLAs who have tendered their resignations while two independent legislators have withdrawn their support to the 14-month old Kumaraswamy government, leaving it tottering on the brink of collapse.The survival of the Congress-JD(S) government hangs precariously on the eve of the trust vote with the Supreme Court Wednesday holding that the 15 rebel Congress-JD(S) MLAs, who had moved it, cannot be compelled to participate in the proceedings of the ongoing assembly session.While most of the rebel MLAs have been staying in Mumbai, Reddy chose to be in the city amid reports that Congress was trying to pacify him.The party had also left him out while moving the Assembly Speaker for disqualification of the rebel MLAs, saying he was an “exception.”Reddy too had maintained he would remain in Congress and he has resigned only from the assembly.Hours ahead of the floor test on Thursday, Reddy said he would withdraw his resignation letter submitted to the Speaker on July 6.The other rebel MLAs camping in Mumbai said there was no question of stepping back on their resignations or attending the session.If the resignations of the 15 MLAs are accepted or if they stay away from the assembly, the ruling coalitions tally will plummet to 102, reducing the government to a minority.Also Read | President Ram Nath Kovind hails SC’s effort to provide judgments in 9 vernacular languagesAlso Watch | Karnataka crisis: Can Kumaraswamy govt survive?For the latest World Cup news, live scores and fixtures for World Cup 2019, log on to indiatoday.in/sports. Like us on Facebook or follow us on Twitter for World Cup news, scores and updates.Get real-time alerts and all the news on your phone with the all-new India Today app. Download from Post your comment Do You Like This Story? Awesome! Now share the story Too bad. Tell us what you didn’t like in the comments Posted bySanchari Chatterjee Next