Germany agrees to take up banking levy

first_img KCS-content Show Comments ▼ Germany agrees to take up banking levy whatsapp whatsapp Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofTortilla Mango Cups: Recipes Worth CookingFamily ProofWhat to Know About ‘Loki’ Ahead of Disney+ Premier on June 9Family ProofCheese Crostini: Delicious Recipes Worth CookingFamily Proofcenter_img by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeBetterBe20 Stunning Female AthletesBetterBeTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island Farmmoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.cominvesting.comCanceled TV Shows Announced: Full Updated Listinvesting.comthedelite.comNetflix Cancellations And Renewals: The Full List For 2021thedelite.comAll Things Auto | Search AdsNew Cadillac’s Finally On SaleAll Things Auto | Search AdsMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryDaily FunnyFemale Athlete Fails You Can’t Look Away FromDaily Funny Tags: NULL Germany’s cabinet yesterday agreed to adopt a levy on bank assets which will raise around €1bn (£818m) a year for bailouts, a government source said, a move that small lenders slammed.Small banks complained the new bank restructuring bill fails to rule them out as potential contributors toward a common pot for rescuing big banks, whose collapse would send shock waves through the financial system.The levy aims to shift the cost of bailouts to the private sector in a bid to avoid future taxpayer-led salvage efforts.The bill, which is expected to come into force next year after parliamentary approval, would also give the state powers to coordinate restructuring of banks struck by crisis.“We can’t understand the list of those called upon to contribute,” a spokesman for the association of German savings banks said. He added: “It’s like asking the driver of a small car to help pay the insurance for a large hazardous goods transporter.”Large banks would benefit at the expense of smaller and stable lenders, the spokesman said. Share Wednesday 25 August 2010 8:44 pmlast_img read more

Zambia Bata Shoe Company Plc ( HY2020 Interim Report

first_imgZambia Bata Shoe Company Plc ( listed on the Lusaka Securities Exchange under the Retail sector has released it’s 2020 interim results for the half year.For more information about Zambia Bata Shoe Company Plc ( reports, abridged reports, interim earnings results and earnings presentations, visit the Zambia Bata Shoe Company Plc ( company page on AfricanFinancials.Document: Zambia Bata Shoe Company Plc (  2020 interim results for the half year.Company ProfileZambia Bata Shoe Company plc. manufactures and markets a wide range of smart and casual footwear and other leather and plastic products for the fashion sector in Zambia. Products in its accessories range include handbags and belts. The footwear company operates in three markets: retail, wholesale and export. The company has a national footprint with 50 modern stores located in the major towns and cities of Zambia. In addition to its own Bata brand, the company is an agent for popular shoe brands such as Marie Claire, Makuba, Toughies, Power, Tommy Takkies, North Star and Bubble Gummers. Zambia Bata Shoe Company was established in 1937 and is a subsidiary of Bafin (Nederland) BV. Zambia Bata Shoe Company is listed on the Lusaka Securities Exchangelast_img read more

Tesla and NIO have fallen 30%+: should I buy these stocks now?

first_img Tesla (NASDAQ: TSLA) and NIO (NYSE:NIO) are two growth stocks that have experienced sharp pullbacks recently. Since rising to $900 in late January, Tesla has fallen to $621, a decline of 31%. Meanwhile, after rising to $67 in January, NIO has fallen to $39, a decline of 45%. However, over a 12-month horizon, Tesla is still up around 330% while NIO is up approximately 960%.Is this latest share price weakness a good opportunity for me to buy these electric vehicle (EV) stocks? Let’s take a look at the investment case.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…What I like about Tesla and NIO stockThere are things I like about both Tesla and NIO. For starters, they operate in a high-growth industry. And there’s no doubt the global electric vehicle market is set for monster growth over the next decade.According to Allied Market Research, the market is set to be worth around $803bn by 2027, up from $162bn in 2019. That represents annualised growth of 23%.Meanwhile in China, EV sales could rise 40% this year to reach 1.8m units, according to Xu Haidong, deputy chief engineer of China Association of Automobile Manufacturers. This kind of growth is likely to provide huge tailwinds for companies including Tesla and NIO.Secondly, unlike many other EV start-ups, both Tesla and NIO are already delivering vehicles. And the numbers are impressive. Last year, Tesla delivered 499,500 vehicles, up 36% year on year, while NIO delivered 43,728 vehicles, up 113% year-on-year. These figures show both companies are growing at a rapid rate right now.EV competition is heating upHowever, I do have some reservations about these stocks. The first is around their competitive advantages. Can Tesla and NIO protect their market share?Other more traditional automakers are now getting serious about EVs. According to Morgan Stanley, Ford‘s Mustang Mach-E is capturing market share from Tesla in the US. Meanwhile, Volvo recently announced that it will only sell EVs by 2030. Many new entrants are also set to enter the EV market in the near future. One example is Fisker. Its flagship vehicle, the Ocean, has been fashioned by Danish automotive designer Henrik Fisker, who is also responsible for the Aston Martin DB9. Fisker plans to start production next year.It’s also worth noting that in China, Tesla and NIO face strong competition from leading domestic automaker SAIC Motor, which has partnered with General Motors to build a $4,500 mini EV. Last month, sales of SAIC’s Hong Guang Mini EV were around double those of Tesla. And, in the second half of 2020, SAIC sold 112,000 of these EVs. Other EV companies in China doing well include Xpeng and Li Auto.My second concern is that even after the recent share price pullbacks, these stocks still look expensive. Tesla’s market-cap is around $600bn, valuing the company at $1.2m per car sold last year. NIO’s market-cap is about $62bn, valuing the company at around $1.4m per car sold. Volvo, by contrast, has a market-cap of around $50bn, valuing the company at around $76,000 per car sold, although it’s obviously not growing as fast.Should I buy Tesla and NIO now?Weighing everything up, Tesla and NIO are not buys for me right now. Their growth is impressive but I’m concerned about the risks.All things considered, I think there are other safer growth stocks I could buy for my portfolio right now. Our 6 ‘Best Buys Now’ Shares Tesla and NIO have fallen 30%+: should I buy these stocks now? Image source: Tesla 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. Like this one…. “This Stock Could Be Like Buying Amazon in 1997” Edward Sheldon has no position in any shares mentioned. The Motley Fool UK owns shares of and has recommended Tesla. 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. 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. Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Edward Sheldon, CFA | Friday, 5th March, 2021 | More on: TSLA NIO Simply click below to discover how you can take advantage of this. See all posts by Edward Sheldon, CFA Enter Your Email Address 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.last_img read more

France bounce back with convincing victory over Argentina in second Test

first_imgMonday Jun 27, 2016 France bounce back with convincing victory over Argentina in second Test After losing the first Test to Argentina 30-19, France turned things around in Tucuman to draw the series 1-1 with a convincing 27-0 victory on Saturday. Hugo Bonneval, Remi Lamerat and Loann Goujon scored a try each while Baptiste Serin kicked three conversions and two penalties.Argentina lock Tomas Lavanini had just returned from a two-match suspension but received another yellow card for diving on the back of a tryscorer. He did the same thing against the Cheetahs in Super Rugby in February.World Rankings:With the win, France move up two places from their lowest ever position of ninth last week, to now be in seventh position. Argentina on the other hand drop four places, from fifth to ninth.ADVERTISEMENT Posted By: rugbydump Share Send Thanks Sorry there has been an error Related Articles 81 WEEKS AGO scottish prop saves fire victim 84 WEEKS AGO New Rugby X tournament insane 112 WEEKS AGO Vunipola stands by his comments supporting… From the WebThis Video Will Soon Be Banned. Watch Before It’s DeletedSecrets RevealedYou Won’t Believe What the World’s Most Beautiful Girl Looks Like TodayNueeyUrologists Stunned: Forget the Blue Pill, This “Fixes” Your EDSmart Life ReportsWrinkle Remedy Stuns TV Judges: Forget Surgery, Do This Once DailySmart Life ReportsIf You Have Ringing Ears Do This Immediately (Ends Tinnitus)Healthier Living30+ Everyday Items With A Secret Hidden PurposeNueeyThe 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

Wooden Forest Apartment / Ikeda Yukie Ono Toshiharu Architects

first_imgArchitects: Ikeda Yukie Ono Toshiharu Architects Area Area of this architecture project Projects “COPY” Wooden Forest Apartment / Ikeda Yukie Ono Toshiharu ArchitectsSave this projectSaveWooden Forest Apartment / Ikeda Yukie Ono Toshiharu Architects Wooden Forest Apartment / Ikeda Yukie Ono Toshiharu Architects Apartments Save this picture!+ 53 Share ShareFacebookTwitterPinterestWhatsappMailOr Clipboard Area:  118 m² Year Completion year of this architecture project CopyApartments•Nakano, Japancenter_img “COPY” Japan Year:  2009 ShareFacebookTwitterPinterestWhatsappMailOr Clipboard CopyAbout this officeIkeda Yukie Ono Toshiharu ArchitectsOfficeFollowProductConcrete#TagsProjectsBuilt ProjectsSelected ProjectsResidential ArchitectureHousingApartmentsHousingNakanoRefurbishmentWoodJapanPublished on September 20, 2009Cite: “Wooden Forest Apartment / Ikeda Yukie Ono Toshiharu Architects” 20 Sep 2009. ArchDaily. Accessed 12 Jun 2021. ISSN 0719-8884Read commentsBrowse the CatalogPanels / Prefabricated AssembliesTechnowoodSiding Façade SystemWindowsMitrexSolar WindowMetal PanelsAurubisCopper Surface: Nordic DécorDining tablesB&B ItaliaDining Table – BullSkylightsVELUX CommercialModular Skylights – Atrium Longlight / RidgelightLouvers / ShuttersBruagShading Screens – Perforated Facade PanelsConcreteKrytonSmart ConcreteCompositesPure + FreeFormTechnical Guide – Creating a Seamless Interior and Exterior Material TransitionEnclosures / Double Skin FacadesFranken-SchotterFacade System –  LINEAWindowsRabel Aluminium SystemsMinimal Casement Windows – Rabel 8400 Slim Super Thermal PlusDoorsGorter HatchesFloor Door – Fire RatedWire MeshCarl Stahl DecorCableGreen Wall System – FAÇADESCAPE™More 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 Text description provided by the architects. Originally, the second floor was an old style Japanese lodging with several walls dividing the floor into tiny rooms. Since then, numerous renovations and extensions were carried out. Immediately prior to our joining the project, the second floor was used as a part of family house – a bit chaotic and still with a scattering of columns, remnants of the old walls.Save this picture!In order to comply with Japanese law, any changes to the structure of a wooden house situated in a fire protection area would require approval and take considerable time. The client was interested in a quicker turn-around and therefore we could not remove the all-too-many forest-like columns.Save this picture!The remaining structures other than columns weren’t suitable to be seen. We started by wrapping them which allowed for the forest-like columns to stand out beautifully.Save this picture!To counteract the ‘busy-ness’ created the columns, we placed between them movable boxes which function both as storage and partition.In order to minimize the other elements, we utilized white wrapping. This ultimately resulted in forest-like columns as colours seemingly floating in space.Save this picture!Project gallerySee allShow lessDonghia Designer-In Residence Lecture: Lewis Tsurumaki LewisArticles”Coop Himmelb(l)au: Future Revisited”, exhibition in TokyoArticlesProject locationAddress:Nakano, Tokyo, JapanLocation to be used only as a reference. It could indicate city/country but not exact address. Share ArchDailylast_img read more

Wooden House / Turato Architects

first_img “COPY” Area:  380 m² Year Completion year of this architecture project Save this picture!© Bosnić+Dorotić+ 29Curated by Paula Pintos Share Croatia Wooden House / Turato Architects Manufacturers: prostoria, Schuco, Wooden constructionDesign Team:Idis Turato, Josip Mičetić, Nikola ŠtefanacLandscape:Parkovi plus d.o.o.Contractor:Aljoša TravašElectro Instalations:Damir ŠiljegCity:KlimnoCountry:CroatiaMore SpecsLess SpecsSave this picture!© Bosnić+DorotićRecommended ProductsFiber Cements / CementsEQUITONEFiber Cement Facade Panel NaturaCeramicsApariciPorcelain Tiles – TangoWindowspanoramah!®ah!38 – FlexibilityEnclosures / Double Skin FacadesIsland Exterior FabricatorsCurtain Wall Facade SystemsText description provided by the architects. Wooden House is located on a spacious plot, set in a rich Mediterranean garden. Intended use of the house is for a temporary stay, serving their owners for relaxation and encouraging leisure. The project for the Wooden House emerged as a consequence of researches into the rhetoric of materials and construction, as well as their relation through changeable programs and purposes in architecture.Save this picture!© Bosnić+DorotićSave this picture!Ground Floor PlanSave this picture!© Bosnić+DorotićThe idea of the Wooden House is fulfilled through the strong poetics of wooden construction. The house is designed as an open structure with multiple entrances and exits, as a matrix of different ambiences within the interior and exterior of the house and transitional spaces in between. The roof of the house is covered with traditional tiles in different sizes and colors. The dimension of the roof creates a deep porch derived from long beams, which define the transitional zone of the house towards the park and the pool, and vice versa.Save this picture!© Bosnić+DorotićSave this picture!SectionSave this picture!© Bosnić+DorotićThe Wooden House has no classic windows or doors, it doesn’t have full walls neither concrete or brick built constructive elements. There are no classic rooms, floors of the house or a basement. There is no permanent residents, no classical spatial hierarchy, nor a clearly defined function of the house. Varied programs of the house within leisure, hedonism and relaxation are “supported” with small boxes placed under the roof of the house, which contain all the necessary zones, devices and household appliances. Spaces between the inner and outer space of the house, located at the corners of the building, are designed as winter and summer gardens, covered with polycarbonate and polypropylene panels.Save this picture!© Bosnić+DorotićThe Wooden House strives to achieve a specific spatial atmosphere through the use of classical materials and construction methods. The project represents the architecture of “radical normality” – the open structure of the house derived through forgotten and nowadays rarely used techniques of building and material use, setting out beyond predictable minimalisms and boring neo- plasticism.Save this picture!Project gallerySee allShow lessSaint Stephen of Hungary School / HMA2 architectsSelected ProjectsYiyunshangshe Hostel / JR StudioSelected Projects Share CopyAbout this officeTurato ArchitectsOfficeFollowProductWood#TagsProjectsBuilt ProjectsSelected ProjectsResidential ArchitectureHousesOn FacebookKlimnoCroatiaPublished on March 24, 2020Cite: “Wooden House / Turato Architects” 24 Mar 2020. ArchDaily. Accessed 10 Jun 2021. ISSN 0719-8884Browse the CatalogBathroom AccessorieshansgroheBath & Shower ThermostatsGlass3MGlass Finish – FASARA™ NaturalPartitionsSkyfoldVertically Folding Operable Walls – Mirage®WindowsVitrocsaSliding Window – Mosquito NetSinksBradley Corporation USASinks – Verge LVG-SeriesMetal PanelsTrimoQbiss One in Equinix Data CentreSignage / Display SystemsGoppionDisplay Case – Q-ClassMetal PanelsLongboard®Aluminum Battens – Link & Lock – 4″Sports ApplicationsPunto DesignPunto Fit in Ekaterinburg Public SpaceWoodBlumer LehmannFree Form Structures for Wood ProjectsKnobsKarcher DesignDoor Knob K390 (50)TablesVitsœ621 Side TableMore products »Save想阅读文章的中文版本吗?克罗地亚海边木屋 / Turato Architects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 Wooden House / Turato ArchitectsSave this projectSaveWooden House / Turato Architects Photographs:  Bosnić+Dorotić Manufacturers Brands with products used in this architecture project “COPY” Photographscenter_img CopyHouses•Klimno, Croatia Architects: Turato Architects Area Area of this architecture project 2017 Projects Year:  Houses ShareFacebookTwitterPinterestWhatsappMailOr Clipboard ArchDaily ShareFacebookTwitterPinterestWhatsappMailOr Clipboardlast_img read more

British Heart Foundation says ‘Wear Red’

first_imgBritish Heart Foundation says ‘Wear Red’ Howard Lake | 30 April 2003 | News The British Heart Foundation is for the first time encouraging wider participation in its fundraising and awareness week by encouraging people to wear red.Heart Week takes runs from 7-15 June 2003, and the charity is encouraging people to wear red throughout the week or at least on Friday 13 June. Of course, it is also encouraging people to make a donation of at least £1 as well.Supporters can also buy a new heart-shaped BHF ribbon. Advertisement AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis  47 total views,  1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThiscenter_img The Wear Red for Heart campaign is being promoted through postcards and on the Web to schools and membership organisations. About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of Researching massive growth in giving. Tagged with: Community fundraising Events Tradinglast_img read more

BT to donate broadband sales fee to Comic Relief

first_img AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Tagged with: Events  26 total views,  1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis BT will donate £25 for each broadband connection ordered by customers online between 4 and 18 March 2005.BT expects the offer to raise “thousands of pounds” for Comic Relief.The offer is designed to highlight BT’s recent upgrade of its Broadband from BT package which now offers sppeds of up to 2Mbs. Advertisement In addition to the broadband offer, from 28 February to 13 March 2005, BT will also be donating £1 from every BT product sold through its online shop. This initiative is expected to raise up to £10,000.BT has supported Comic Relief since it began in 1985. This year BT is providing the telephone network for the Red Nose Day donation line. BT’s senior engineers and thousands of advisers in call centres up and down the country volunteer their time to make sure everyone can make their donations on the night.center_img Howard Lake | 7 March 2005 | News BT to donate broadband sales fee to Comic Relief About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of Researching massive growth in giving.last_img read more

Puerto Ricans fight to reopen schools

first_imgPuerto Rican kids demand the reopening of their schools.San Juan, Puerto Rico, Nov. 13 — Never before in the history of Puerto Rico has the barbarism of colonialism been as exposed as it is now after Hurricane Maria.When President Barack Obama signed the PROMESA Law that the U.S. Congress drafted in June 2016 to charge the Puerto Rican people an illegitimate debt of $74 billion, he never could have imagined that the conditions of the archipelago would end in the enormous chaos in which Puerto Rico now finds herself, as conditions in the country are ripe for the implementation of criminal neoliberal actions. It’s as if the colony has been served on a silver platter to the empire, to be conveniently disposed of without further ado.What are these conditions?Puerto Rico is a country almost totally paralyzed. In a macro vision and in economic terms, it can be said that production is almost zero. Without electricity and depending on costly diesel-based generators, very few of its manufacturing industries — above all pharmaceuticals and those making specialized electronic components — have recovered some normalcy.Underscoring the reality of the colonial state is the fact that these are large foreign companies that send their profits to the owners outside of Puerto Rico. As good capitalists, they have no interest in the welfare of the people. The persistent fear of the servile Puerto Rican rulers, however, is that these corporations will leave the island, taking with them the country’s artificial manufacturing base.This fear is further aggravated by a recent U.S. congressional proposal to impose a 20 percent tax on merchandise produced by U.S. companies based in Puerto Rico. If approved, it will be a one-way ticket for these manufacturers.The vast majority of small Puerto Rican businesses have had to close temporarily, if not permanently, as they are unable to afford the enormous economic burden of generating their own electricity. The owner of a small ice factory — a commodity in high demand now — recently reported on a radio program that the company would soon have to go bankrupt because he cannot afford to continue paying $1,000 a day for diesel fuel.Solidarity brigade from MO-WWPThis writer recently visited Puerto Rico as part of a solidarity brigade sent by Mundo Obrero/Workers World Party, along with comrades Cornelious Moody, Mike Wilson and Joe Piette. One afternoon we went for a walk through Old San Juan, a representative historic site on the island, with numerous business establishments, restaurants, café-theaters and shops.Normally this area is full of both Boricuas — Puerto Ricans — and tourists. Now, on street after street there was a succession of padlocked doors. Some small shops were open in darkness; others had light, but it comes from bad smelling, noisy and polluting electric generators, as their owners try hard to survive this catastrophe. As I walked by, it was hard not to think about the lyrics of Rafael Hernández’s song, “Lamento Borincano,” about what will become of Borinquen.There is now what could be called an “emergency economy.” A wave of contractors — real vultures — hovering above the island in search of coveted Federal Emergency Management Agency dollars. Luxury hotels, whose owners are mostly from the United States, rake in super-profits housing FEMA personnel, troops and contractors. Obscene corruption spreads to all levels of government, in both Puerto Rico and the U.S.The government of Gov. “Ricky” Roselló signs contracts left and right behind the people’s backs, taking advantage of the lack of communication due to the lack of cell phones and electricity, and with the people unable to follow the news on television or radio. He is supported by a series of executive orders, which can easily grant him the title of “dictator.” It’s ironic that “transparency” was the slogan in his race for governor.In one of these contracts, blame is being thrown from one side to the other, between the Puerto Rican government and FEMA. It involves the much talked about Whitefish company. An unknown firm from Montana created just two years ago with only two employees, Whitefish made a $300 million bid to restore the island’s immense electricity network — and got the job! It’s revealing that Ryan Zinke, Trump’s interior secretary, is from Montana, grew up in Whitefish, and although he denies his role in granting the contract, there is strong suspicion that he influenced the deal.After enormous criticism at both the local and the international level, in which the government of Puerto Rico was depicted as the laughingstock of the world, Roselló ordered the contract canceled. Now an investigation is in the hands of the FBI and the U.S. Congress.But Whitefish is not the only predatory contract. Another, for $200 million, was signed with Cobra Energy, a subsidiary of Mammoth Energy Services, based in Oklahoma.Meanwhile, more than 50 days after Maria struck, more than 70 percent of the country is still without electricity.Harder hit in the mountainsTraveling to the mountains in the center of the island, where the people suffered much more than in the low areas, we saw completely shattered houses and whole families, plus neighbors, living however they could in the only room where María had spared the roof. We saw how they drink contaminated water, witnessed their hunger and how dangerous the paths are they walk on; the flood carried away part of their lives.We then went to the municipality of Ceiba. This is a vast region where the U.S. Navy once had its largest base, Roosevelt Roads. The base closed in 2004 after the Puerto Rican people struggled to drive the U.S. Navy off of Vieques island, which was part of that naval complex.In Ceiba we saw huge white tents with air conditioning, similar to those that are rented for graduations and other mass events. They were the FEMA barracks in the region, with military personnel everywhere. They were surely for low-ranking soldiers, not the ones who stay in the luxury hotels. However, they enjoyed a roof and electricity, which no longer exist in hundreds of homes in the mountains, which are still waiting for the famous blue tarps from FEMA.Meanwhile, in an unprecedented exodus, thousands of Puerto Ricans are heading to the U.S. They go in search of work, medical treatment and, above all, education for their daughters and sons.In just four hours at the Luis Muñoz Marín airport in San Juan — a privatized airport in the hands of a Mexican company — I observed three flights to different cities: Atlanta, Orlando and Philadelphia. Each flight carried approximately 200 passengers — entire families, some even with their pets. And this was just one airline.Six hundred people in four hours. Approximately 100,000 Boricuas are believed to have left in little more than a month. Whether temporarily or permanently, this exodus is another economic, political and cultural crisis.There is much to talk about: the Fiscal Control Board and how it seeks to expand its powers on the island; who is truly governing in PR; the schemes for corruption; unemployment; and many more topics.Attack on education and fightbackHowever, one aspect just cannot be ignored at this time. And it is education, the basis for the future of the country and one of the first causes of migration.The subject of education also demonstrates the complexity of life in PR at this time.Brigades of people go from site to site to clean up. Most of the clearing of the roads has been done by the people themselves within their communities and with organizations that have been set up to solve the immediate problems as best they can.Teachers have also joined in this effort. However, teachers also find themselves in an open struggle organizing schools and communities to defend public education.Privatization of education was part of the neoliberal plan before Maria. The Boston Group had recommended the closing of 500 schools; 179 had already closed their doors before the hurricane. Education Secretary Julia Keleher, a North American born in Philadelphia whose salary is more than $20,000 a month, was actually hired to privatize PR public education.Her objective is to open charter schools. It is no accident that U.S. Secretary of Education Betsy DeVos — known for her privatizing efforts — visited Puerto Rico and the U.S. Virgin Islands in recent days.After Hurricane Maria devastated the schools, parents and teachers joined together at the national level to clean up debris and try to restore the schools in their communities. Dozens of them were ready to begin receiving students. However, Secretary Keleher prohibited them from opening. She also prohibited the use of school cafeterias, which might have been the only source of nutrition for the students.Faced with this scenario, the Federation of Teachers of Puerto Rico began a campaign to demand the opening of schools that were in suitable condition.The schools earmarked to remain permanently closed are in the poorest parts of the country, both in the mountains and on the coast. Students will have no other school to go to nearby; closing them will deny education to the people.Keleher and the privatizing entities, however, face a people determined to defend their education. Parents along with teachers organize meetings to discuss the steps needed to reopen their schools. To get the news media to report on their actions, they organize pickets early in the morning in front of schools demanding they open.In Old San Juan, this writer participated in a picket in front of the Abraham Lincoln School. This school serves the students in the famous neighborhood of La Perla. The school looked in perfect condition and had been used as a community center to provide and coordinate aid during the days following the hurricane. That same day, while we were picketing in front of the school, we found out it was being used to prepare lunches so the governor’s spouse could give them out at other sites. However, the Department of Education and Secretary Keleher want to keep it closed and prevent the children of La Perla from getting an education.Despite the secretary’s refusal to open dozens of schools, the mobilization of parents, teachers and the community in general is forcing the opening of more schools each day.FacebookTwitterWhatsAppEmailPrintMoreShare thisFacebookTwitterWhatsAppEmailPrintMoreShare thislast_img read more

15,000 march against racism in Raleigh, N.C.

first_imgOver 15,000 people participated in the 12th annual Moral March on Raleigh and Historic Thousands on Jones Street People’s Assembly on Feb. 10 in North Carolina’s capital city. The march, which was principally organized  by the North Carolina NAACP, brought hundreds of community, labor, civil rights and faith-based organizations from across the state to march on the state legislature. One of the activity’s main themes focused on challenging the racist gerrymandering of election districts in the state. The demonstrators also tackled many other issues of systematic racism. Members of the Durham branch of Workers World Party joined the march, along with the Youth Organizing Institute; United Electrical Workers Local 150, North Carolina Public Service Workers Union; and Democratic Socialists of America.WW photo: Dante StrobinoFacebookTwitterWhatsAppEmailPrintMoreShare thisFacebookTwitterWhatsAppEmailPrintMoreShare thislast_img read more