Related Qantas launches inaugural A380 flight betw

first_img RelatedQantas launches inaugural A380 flight between Sydney and LondonQantas has announced that it launched its maiden A380 flight between Sydney and LondonThai Airways to use A380s on London flightsThai Airways to use A380s on London flightsSingapore Airlines’ flights to Zurich to use A380 aircraftPassengers flying to Zurich from Singapore will be able to travel on a new A380 aircraft Singapore Airlines has announced plans to add more flights from London Heathrow using the carrier’s A380 aircraft.The international airline will increase the frequency of its existing flights from London to Singapore to allow more passengers to experience the luxury planes.Additional flights to Singapore will be added on Mondays, Wednesdays, Fridays and Sundays, taking the number of services offered between the two cities to 11 per week.”The A380 products have been very well received by our customers, and loads on the Singapore-London route have been exceptionally encouraging,” said Huang Cheng Eng, executive vice president of marketing and regions at Singapore Airlines.”The deployment of another A380 on this route will cater to continual strong demand from customers travelling between Singapore and London.”The new A380 will make a stop in China before moving to the London-Singapore route as part of the airline’s plan to offer special flights to Beijing for the Olympic Games. ReturnOne wayMulti-cityFromAdd nearby airports ToAdd nearby airportsDepart14/08/2019Return21/08/2019Cabin Class & Travellers1 adult, EconomyDirect flights onlySearch flights Maplast_img read more

House approves Rep Victory bill to allow fundraising license plates on commercial

first_img Businesses could support organizations with special platesState Rep. Roger Victory, of Hudsonville (left) testifies with Cassy Puskala and Bob Craig to allow a fundraising license plate to be placed on a pickup truck or van that is company-owned in the House Transportation and Infrastructure Committee.The Michigan House today approved legislation introduced by state Rep. Roger Victory to allow a fundraising license plate to be placed on a pickup truck or van that is company-owned.Currently, only commercially-owned sedans are eligible for fundraising license plates. Businesses throughout the state would like to have the ability to support organizations and causes.This issue came to Rep. Victory’s attention when a small business owner in Ottawa County was denied an Agricultural Heritage plate for his new pickup truck.The bill would also benefit Grand Valley State University and other public universities who are currently unable to put fundraising license plates on university-owned trucks and vans.“Our small businesses are the pillars of our communities, letting them express their values and show support for great causes and organizations is just common sense,” said Victory, of Hudsonville. “Public universities will be able to brand their trucks and vans, resulting in an increase in awareness and support for these specialty plates.”House Bill 4907 moves to the Senate for consideration.### Categories: Victory News 09Nov House approves Rep. Victory bill to allow fundraising license plates on commercial vehicleslast_img read more

TeliaSonera has selected Ciscos RemotePHY soluti

first_imgTeliaSonera has selected Cisco’s Remote-PHY solution to increase bandwidth and expand its service across its cable footprint in Finland.Using the solution, which is part of Cisco’s advanced access architecture, TeliaSonera aims to increase access network capacity, drive more productivity and increase operational efficiency.TeliaSonera already has an installed base of Cisco Cable Modem Termination Systems (CMTS), but says the addition of Cisco’s Remote-PHY solution will increase broadband service bandwidth for all subscribers, even in sparsely populated areas.“In a competitive environment, the ability to offer high-speed services to all our subscribers and connect those who previously were unable to access premium broadband services is a key differentiator. Through our work with Cisco, we are transforming our network to provide better services for our subscribers and address our operational and capital expenditure,” said TeliaSonera Finland’s cable network manager, Sakari Kangasvieri.Cisco Systems Finland’s regional sales manager, operators and outsourcers, Patrick Gordin, added: “Cable Service Providers across Europe are seeking ways to keep ahead of their customers’ bandwidth needs without incurring large capital or operational charges. Our innovative Remote-PHY solution is a key tool to help achieve these goals. Cisco is exhibiting at ANGA COM in hall 10.2, booth J13.last_img read more

Retransmission fees for US TV station owners could

first_imgRetransmission fees for US TV station owners could reach US$10.3 billion annually by 2021, according to new research.This is in comparison with an expected figure for 2015 of US$6.3 billion, SNL Kagan’s industry retransmission fee projects suggests.Retransmission fees, which see cable and satellite platforms pay networks to broadcast their channels, have become a key battleground in the US as a means for broadcasters and their local affiliates to recoup revenues lost to falling advertising rates.SNL Kagan noted US station owners had “continued to secure higher retrans fees in recent negotiations, with strong advances made at year-end 2014 from renewals and annual step-ups in existing contracts”.Broadcast networks, meanwhile, have also found success in extracting more from fees with distributors, and cooperating between them and affiliate stations are improving on OTT services such as CBS All Access.This is providing new avenues to monetise content and hedge against potential retrans disputes, which are increasingly common, and loss of multichannel subscribers through cord-cutting.In light of its latest findings, analyst SNL Kagan has increased its projection for retrans revenues by 2020 to rise US$500 million to US$9.8 billion.last_img read more

The CME Daily Delivery Report showed that 5 gold a

first_img The CME Daily Delivery Report showed that 5 gold and 149 silver contracts were posted for delivery within the Comex-approved depositories on Tuesday.  The biggest short/issuer was Jefferies with 147 contracts—and there were about a dozen long/stoppers—and you can take a look at yesterday’s Issuers and Stoppers Report linked here, if you wish to see the list.  The CME Preliminary Report for the Friday trading session showed that 24 gold and 403 silver contracts are still open in the September contract—and don’t forget to subtract the figures in the previous paragraph to get the up-to-date number. There was a withdrawal from GLD yesterday.  This time it was 250,032 troy ounces—8 metric tonnes of the stuff.  And as of 1:18 a.m. EDT this morning, there were no reported changes in SLV. The U.S. Mint had a sales report.  They sold 2,000 troy ounces of gold eagles—500 one-ounce 24K gold buffaloes—and 100,000 silver eagles. Month-to-date the mint has sold 39,500 troy ounces of gold eagles—8,000 one-ounce 24K gold buffaloes—1,760,000 silver eagles—and 400 platinum eagles.  Based on these sales numbers, the silver/gold ratio for the month stands at 37 to 1. There was a very decent amount of gold shipped out of the Comex-approved depositories on Thursday—160,755 troy ounces to be exact—with virtually all of it coming out of Canada’s Scotiabank.  Nothing was reported received—and the link to that activity is here. In silver, it was almost the same thing, as 282,291 troy ounces were shipped out—and with the exception of a few thousand ounces, it came out of Scotiabank as well.  Nothing was reported received there, either—and the link to that activity is here. Here’s a very sad looking 5-year silver chart—and what it shows is that the closing price on Friday was the lowest in four year—and it takes us all the way back to the beginning of the runaway bull market in silver in September of 2010.  All the gains in the interim have vanished thanks to JPMorgan et al. Sponsor Advertisement The first photo is of an osprey that reader Mark O’Brien sent me yesterday.  We met at the Casey Conference here in San Antonio—and he’s provided a photo for us before—and this one is certainly worth sharing as well.  The second is an echidna that Nick Laird found wandering around his yard—and since most won’t have the foggiest idea of what they are, it’s worth posting as well. But looking forward as I did several times last week, we should now only concern ourselves with how da boyz react when the technical funds begin to cover as the next rally commences.  Will they let the tech funds off easy like they did last time, or will this time be different?  Stay tuned. I’m done for the day—and the week. I’ll be here on Tuesday, but that report will be brief as well, as Monday is a travel day—and I get back into Edmonton in the evening. Since the 20th of the month fell on a weekend, the good folks over at The Central Bank of the Russian Federation updated their website with August’s data yesterday.  It showed that they increased their physical gold reserves by another 300,000 troy ounces during that period—and they now hold 35.8 million troy ounces in their reserves.  Here’s Nick’s most excellent chart showing that change. Brad Robertson sent us the 5-minute tick gold chart once again—and you can see the big volume spike that occurred at 10:45 a.m. in New York, which shows as 8:45 a.m.MDT on this chart.  The big volume spike was on the secondary low, not the absolute low. The gold stocks opened down a bit—and continued lower, hitting their low tick a few minutes before 2 p.m. EDT, which more or less coincided with the low tick in gold.  The HUI closed down another 1.69%. The Commitment of Traders Report, for positions held at the close of Comex trading on Tuesday, was pretty much in line with the expectations that both Ted Butler and I had. The Commercial net short position in silver fell by 6,394 contracts, or 32.0 million troy ounces.  The Commercial net short position is now down to 117.8 million troy ounces, which is still shy of its low back in late May/early June.  The managed money long selling/short buying accounted for 5,925 contracts of the decline during the reporting week.  Ted pegs JPMorgan’s short-side corner in the Comex gold market at 13,000 contracts, down a thousand from the prior week’s report. The Commercial net short position in gold dropped by 21,712 contracts or 2.17 million ounces—and the new and improved Commercial net short position now stands at 7.62 million troy ounces.  The Managed Money in the technical fund category accounted for 19,912 contracts of the total amount.  As Ted Butler says, it’s the Commercial traders running the Managed Money up and down through the moving averages that is determining the price, which they do for fun, profit—and price management purposes.  Supply and demand fundamentals no longer matter.  Ted says that JPMorgan’s long-side corner in the Comex gold market was unchanged at 25,000 contracts, or 2.5 million ounces, compared to the prior week’s report. And, without doubt, there has been massive improvement since the Tuesday cut-off.  Of course we’ll have to wait until next Friday’s report before we see how much it was. Here’s Nick Laird’s “Day of World Production to Cover Comex Short Positions” of the 4 and 8 largest traders in all physical commodities traded on the Comex.  Three of the four precious metals are still permanently pinned to the right-hand side of this chart—and gold would be there as well, except for JPMorgan’s long-side corner in that metal. After the obligatory down tick at the 6 p.m. open in New York on Thursday evening, the silver price never got a sniff of positive territory after that—and followed almost an identical path to gold except for the fact that the HFT boyz and their algorithms really put the boots to the technical funds, as they closed silver just off its low tick of the day. The high and low were recorded as $18.595 and $17.78 in the December contract. Silver closed in New York yesterday at $17.79 spot, down a whopping 73 cents from Thursday’s close.  Net volume was very heavy at 64,000 contracts.center_img Palladium’s high was also at noon in Hong Kong—and the decline in price from there was very orderly until around 10:20 a.m. EDT.  The HFT boyz and their algorithms showed up—and that was that, as they hit palladium for another 18 bucks. Drilling Intersects 102 Meters of 1.97 gpt Gold at Columbus Gold’s Paul Isnard Gold Project; Drilling Confirms Depth Extension of Gold Mineralization Columbus Gold Corporation (CGT: TSX-V) (“Columbus Gold”) is pleased to announce results of the initial five (5) core drill holes at its Paul Isnard gold project in French Guiana. The holes confirm depth extension of gold mineralization below shallow holes drilled on the 43-101 compliant 1.9 million ounce Montagne d’Or inferred gold deposit at Paul Isnard in the 1990’s and support the current program of resource expansion through offsetting open-ended gold mineralization indicated by the earlier holes. Robert Giustra, CEO of Columbus Gold, commented: “These drill results validate Columbus Gold’s approach to adding ounces with a lower-risk drilling program designed to infill and to extend the mineralized zones to 200 m vertical depth from surface; a depth amenable to open pit mining.”  Fourteen (14) holes have been completed (assays pending) by Columbus Gold in the current program and drilling is progressing at the rate of about 3,000 meters per month with one drill-rig on a 24 hour basis. Columbus Gold plans to accelerate the current program by engaging a second drill-rig as soon as one can be obtained. Please visit our website for more information. Despite my best efforts, I have a decent number of stories for you today. It occurred to me that there were two separate warm up games in which silver ran to $50; in April 2011 and thirty years before that in 1980, when the Hunt Brothers were found to have manipulated the price of silver higher. In fact, the long term chart of silver is defined by the two sharp surges to $50 on those two occasions, amid years of flat or declining prices, not dissimilar to the past three and a half years. To my knowledge, few other commodities have that unusual double spike in price that exists in silver. More remarkable is that each silver price run to $50 came from extremely low price levels existing in the years before the two price spikes. In other words, when silver does run, history indicates that it runs like it is on fire; racking up the biggest percentage gains of all. Those two facts alone – that silver ran to $50 twice and the gains far exceeded the historic gains of any commodity (or market) – should be enough to attract investors at current depressed prices. After all, no one can deny that silver can’t go to $50 again, seeing how it’s been there twice already. And if it does run again, the percentage gains will likely exceed any other commodity or market. – Silver analyst Ted Butler: 17 August 2014 While I was sitting around the dinner table with a group of my readers who were kind enough to come to the conference, two names came up while we were talking about my pop ‘blasts from the past’.  Those names were Paul Anka and Carlos Santana.  So rather than choose, here’s one by each.  For Paul Anka click here—and for Carlos Santana click here. The subject of classical guitar also came up, as did one of my recent ‘blast from the past’ featuring that instrument, so here’s another.  It’s not exactly classical—but it’s a gas!  The link is here. Well, it was another unhappy day for precious metal enthusiasts as da boyz and their algorithms worked their magic once again—and even I was taken aback by the pounding that JPMorgan et al handed to silver.  But that is their problem child—and the only question remaining is “are we at the bottom yet?” As both Ted and I have mentioned on several occasions, it’s not the price at the low—it’s the number of long contracts that JPMorgan et al can get the brain-dead/black-box technical funds to sell, along with the number of short contracts that they can entice them into buying at the same time.  We weren’t there with yesterday’s COT Report, but we should be there now. And there should be no question as to how we got where we are—and that’s because of the paper games played in the Comex futures market, all aided and abetted by the CME Group and the CFTC.  It’s flat out illegal, but who’s going to stop them? Here are the 2-year charts for all four precious metals that show you where we are vs. where we’ve been over the longer term. The silver equities also opened down a hair, but hung in there until around 10:15 a.m. before heading lower with a vengeance—and there was no recovery at all, as they close on their absolute low tick.  Nick Laird’s Intraday Silver Sentiment Index closed down another 3.32%.  The silver stocks have now given back all of their gains for 2014. The dollar index closed late on Thursday afternoon in New York at 84.29—and then traded flat until a few minutes after 12 o’clock noon Hong Kong time—and then away it went to the upside once again.  By the close of trading, the index had gained 49 basis point, everything it lost on Thursday, and closed at 84.78. Platinum was up a few bucks by noon in Hong Kong trading, but that was its high—and it slowly got sold down, hitting its low about 12:45 p.m. EDT—and about 45 minutes after the Zurich close.  The boyz close platinum down 9 bucks. It was another unhappy day for precious metal enthusiasts The gold price chopped around unchanged in a very right range during all of Far East and most of London trading on Friday—and that state of affairs lasted until just minutes before 9 a.m. EDT.  At that point the selling pressure began anew—and JPMorgan et al had the gold price down to a new low by around 1:35 p.m. EDT, just a few minutes after the close of Comex trading.  After that, the price rallied a few dollars into the close. The high and low ticks were recorded by the CME Group as $1,229.20 and $1,214.20 in the December contract. Gold finished the Friday session in New York at $1,216.20 spot, down $8.60 from Thursday’s close.  Net volume was very decent at 167,000 contracts.last_img read more

According to George Soros Chinas debt collapse h

first_imgAccording to George Soros, China’s debt collapse has begun… You may know Soros as the legendary investor who “broke the Bank of England” in 1992. He’s one of the richest people on the planet, and probably the second most famous investor in the world after Warren Buffett. Soros’s incredible track record has made him a household name. From 1969 to 2011, his hedge funds averaged annual returns of 20%. He beat the S&P 500 nearly 2-to-1 during that span. • On Wednesday, Soros said China is headed for a major financial crisis… Bloomberg Business reported: What’s happening in China “eerily resembles what happened during the financial crisis in the U.S. in 2007-08, which was similarly fueled by credit growth,” Soros said. “Most of the money that banks are supplying is needed to keep bad debts and loss-making enterprises alive.” According to Soros, a major crisis in China is “practically unavoidable.” • China is the world’s second-largest economy… And it’s the world’s largest commodity consumer and exporter. China has grown rapidly over the past two decades. It has fueled that growth with obscene amounts of borrowing. Its debt-to-GDP ratio stands at 250%. In other words, China owes 2.5x more than it produces in a year. Today, the Chinese are borrowing more than ever. Bloomberg Business reports: The broadest measure of new credit in the world’s second-biggest economy was 2.34 trillion yuan ($362 billion) last month, far exceeding the median forecast of 1.4 trillion yuan in a Bloomberg survey and signaling the government is prioritizing growth over reining in debt. • Cracks are appearing in China’s banking system… Chinese banks were the “enablers” of China’s debt crisis. They loaned money to Chinese businesses, allowing them to rack up huge amounts of debt. Now banks’ loans are starting to go bad, according to Investor’s Business Daily. [N]onperforming loans (NPLs) at China’s 18 major listed banks rose by more than 48 percent, or some $146 billion, in 2015, PwC said, leading to a 1.65 percent increase in the average bad loan ratio, up 0.43 percentage points from a year earlier… “[P]ast-due loans” — those overdue but not yet officially classified as nonperforming — at the 18 banks soared by more than 45 percent to 1.51 trillion yuan ($233 billion) at the end of last year, “pushing the past-due loan ratio to 2.7 percent,” an increase of 0.76 percentage points on 2014’s figure. • China’s largest companies are missing loan payments… As you likely know, China is a communist country. Its government controls many key industries like oil, banking, and construction through state-owned enterprises (SOEs). An SOE is a company owned by the government. Many SOEs enjoy monopolies. They don’t have to compete or innovate like private companies. • In February, Baoding Tianwei became the first Chinese SOE to default on its debt… The power equipment manufacturer missed a $153 million bond payment. Two more SOEs have missed bond payments this month. Another has warned it could miss a payment due next month. Defaults by SOEs are extremely rare. After all, SOEs are backed by the government. The Chinese government typically bails out SOEs when they get into trouble. • Standard & Poor’s says debt held by China’s largest SOEs has reached “critical” levels… Last month, the credit agency warned it would cut China’s credit rating. Moody’s, another credit agency, also warned that it will downgrade China. Problems in China’s industrial sector could erupt into a full-blown banking crisis. Profits from China’s biggest banks are already declining. Investor’s Business Daily reports: [N]et profit growth at the country’s five main commercial banks fell to 0.69 percent last year, compared to growth of more than 6.5 percent in 2014. China’s economy is growing at its slowest pace since 1990. • The Chinese government is desperate to prevent a “crash landing”… It’s cut interest rates six times since November 2014…relaxed lending standards…and lowered the minimum down payment requirement for new homes. These “stimulus” measures have only encouraged more reckless borrowing. Total property loans in China jumped 22% last month. Home loans surged 26%. The more debt China accumulates, the bigger its inevitable crisis will be. • The U.S. is even more indebted than China… The U.S. federal government owes a record $19 trillion. Its debt has more than doubled since 2007. Dispatch readers know the U.S. government launched all sorts of extreme measures after the 2007–2009 financial crisis. It borrowed trillions of dollars…created trillions more out of thin air…and cut rates to effectively zero. These policies were supposed to stimulate the economy…but the U.S. economy is growing at the slowest pace in decades. Casey Research founder Doug Casey says the government’s reckless policies have set us up for a financial catastrophe. These reckless policies have produced not just billions, but trillions in malinvestment that will inevitably be liquidated. This will lead us to an economic disaster that will in many ways dwarf the Great Depression of 1929–1946. Paper currencies will fall apart, as they have many times throughout history. • To protect yourself, we recommend owning physical gold… Gold has held its value for thousands of years. It has all the characteristics of good money. It’s durable, transportable, easily divisible, has intrinsic value, and is consistent around the world. And unlike dollars, the government can’t create more gold with a push of a button. Gold is your best defense against a financial crisis. If you only do one thing to “crisis-proof” your wealth, own gold. For other proven ways to safeguard your wealth, we encourage you to get the book we recently put together. It’s a must-read for anyone worried about the stock market, the slowing global economy, or a fragile global banking system. Click here to learn more. Chart of the Day Chinese stocks might be worth a look… As you may recall, Chinese stocks crashed last summer. The SSE Composite Index, China’s version of the S&P 500, plunged 43% in six weeks. It never recovered. You can see in today’s chart it’s down 57% since June. Chinese stocks are much cheaper than U.S. stocks. The price-to-earnings (PE) ratio, a popular valuation metric, for Chinese stocks in the SSE is 6. The PE ratio for the S&P 500 is 24. In other words, Chinese stocks are 75% cheaper than U.S. stocks. Of course, the government controls most of China’s economy. So we’re skeptical about this data. Still, we’re attracted to anything that’s down 57% in less than a year. Although Chinese stocks have a lot of upside, keep in mind they’re extremely volatile. If you catch a bull market, you can make a lot of money quickly. But you can also lose 20% in a couple of days if the Chinese market goes against you. If you want to speculate in Chinese stocks, we recommend using trailing stop losses. A stop loss will automatically sell a stock when it hits a certain price. Trailing stop losses “move up” as the stock price moves up. They prevent runaway losses when investing in volatile assets like Chinese stocks. We use a program called TradeStops to monitor our stop losses. You can try out the same system we use by clicking here. Recommended Links Regards, Justin Spittler Delray Beach, Florida April 25, 2016 We want to hear from you. If you have a question or comment, please send it to feedback@caseyresearch.com. We read every email that comes in, and we’ll publish comments, questions, and answers that we think other readers will find useful. –center_img — Where Bill Bonner is putting $5 million starting April 28 Bill Bonner is making a major investment announcement. It could have a lasting impact on your wealth, and the wealth of your children and grandchildren. Details here. The Secret to Investing in Gold like Doug Casey After the longest bear market in gold stocks in 40 years…Doug Casey just revealed how he plans to make a killing on gold’s massive rebound…and why 99% of investors don’t have what it takes to try this gold strategy. See more here.last_img read more

Nobody Is Going to Prison for This ONE Type of Ins

first_img Nobody Is Going to Prison for This ONE Type of Insider Trading… According to our friends at The Oxford Club, there’s one clause in the SEC regulations that allows company insiders to collect HUGE profits… without breaking the law. For example, they said Victoire R. has LEGALLY made $317K since January… Denis K. legally made $201K in three months… And Barrett J. legally made $1.2 million in just 8 days in July! They’re also saying the best part is this: Right now, you can make a killing by utilizing legal insider trades too. Finally, one former salesman just wrote to tell us he “grossed more than $100K.” An ex-attorney said he “made over $200K.” Here’s how YOU could make as much as six figures using it. – George Soros just doubled his bet against U.S. stocks. You’ve probably heard of Soros. After Warren Buffett, he’s likely the world’s most well-known investor. Soros is a household name because of his incredible track record. From 1969 to 2011, he generated average annual returns of 20%. He nearly beat the S&P 500 2-to-1 over that stretch. Soros also famously “broke the Bank of England.” In 1992, he made a giant bet that the pound sterling, Britain’s currency, would crash. When it did, Soros pocketed $1 billion. For the last few years, Soros has been on a bit of a hiatus. But two months ago, he came “out of retirement” to run Soros Fund Management, which manages about $29 billion. That’s because Soros thinks there’s big money to be made right now… But Soros isn’t betting stocks will go higher—he’s betting they’ll crash. In the first quarter, Soros cut his stake in U.S. stocks by 37% and placed a HUGE bet on gold. Today, we’ll tell you about Soros’ latest move. And we’ll tell you about another investing legend who’s also betting big against stocks. Plus, we’ll show you the #1 way to protect your wealth from a stock crash. • Soros bought 1.9 million “puts” on the SPDR S&P 500 ETF (SPY) last quarter… The SPY tracks the performance of the S&P 500. And a put is a way for an investor to make money if a stock falls. As of March 31, the Soros Fund owned 2.1 million puts on the SPY. At the end of June, it owned 4 million. In other words, Soros doubled down on his bet against U.S. stocks. • Soros thinks we’re heading for a repeat of the 2008–2009 financial crisis… In January, he warned, “When I look at the financial markets there is a serious challenge which reminds me of the crisis we had in 2008.” He added, “The world is running into something that it doesn’t know how to handle.” According to Soros, this crisis has been “unfolding in slow motion.” But since the “Brexit,” the world is now racing toward it. As you probably know, Great Britain voted to leave the European Union in June. The unprecedented decision caught investors by surprise. It erased more than $3 trillion from the global stock market in two days. In its aftermath, we warned that the Brexit was a “taste of what’s to come.” Soros agrees. He recently said the Brexit “unleashed a crisis in the financial markets comparable in severity only to that of 2007/2008.” • Paul Tudor Jones is betting against U.S. stocks too… Jones might not be a household name like Soros. But he’s a legend on Wall Street. He’s a “big-picture” trader who’s nailed several market tops and bottoms. He’s best known for calling the “Black Monday” stock crash of October 1987. As you may know, the Dow Jones Industrial Average plunged almost 23% on this day. It was the darkest day in the history of the U.S. stock market. Today, Jones runs the Tudor Investment Corporation, which manages $32 billion. Like Soros, Jones is betting U.S. stocks will fall. Last quarter, his fund bought 5.95 million puts on the SPY, more than doubling its bearish bets against the S&P 500. The fund now owns 8.34 million puts on the SPY, making it his biggest position. • There are plenty of reasons to be nervous about the stock market right now… The global economy is weak. The U.S., Europe, Japan, and China are all growing at their slowest rates in decades. Stocks are expensive. The popular CAPE valuation ratio, which gives a long-term view of the stock market, is 62% above its historic average. The S&P 500 has only been more expensive three times in history: before the Great Depression, during the dot-com bubble, and leading up to the 2008–2009 crisis. Corporate America is also struggling to make money. Corporate profits are on track to decline for the fifth straight quarter. That hasn’t happened since the 2008–2009 crisis. Recommended Links —center_img Regards, Justin Spittler Delray Beach, Florida August 19, 2016 We want to hear from you. If you have a question or comment, please send it to feedback@caseyresearch.com. We read every email that comes in, and we’ll publish comments, questions, and answers that we think other readers will find useful. Revealed for the First Time… On Tuesday, August 16, Palm Beach Research Group Co-Founder, Tom Dyson, went on camera to reveal a secret he’s been hiding from the wider public for the last five years. It’s an obscure way you could play the gold bull market and make nearly eight times your money. Watch the video to find out more. • The stock market has another big problem… Share buybacks just hit a four-year low. MarketWatch reported on Tuesday: Through Monday, announced share repurchases during the second-quarter earnings season beginning five weeks ago has averaged just 3.3 announcements for about $1.8 billion in sum each day, the lowest level since the summer of 2012. A buyback is when a company buys its own stock from shareholders. This can lift a company’s stock price. According to investment bank Goldman Sachs (GS), buybacks have been the biggest driver of U.S. stock performance since the financial crisis. With the global economy slowing and profits on the decline, buybacks have been about the only thing keeping stocks afloat. If this trend continues, the stock market could lose its biggest buyer. And that could be the last straw for this incredibly fragile stock market. • If you’re nervous about the stock market, we encourage you to take action today… Step #1 is to own physical gold. As we like to remind readers, gold is real money. It’s preserved wealth for centuries because it’s unlike any other asset. It’s durable, easy to transport, and easily divisible. Gold’s also a safe haven asset that investors buy when they’re worried about stocks or the economy. This year, gold is up 28%. According to the World Gold Council, it’s off to its best start to a year since the 1979–1980 gold market, when it soared 254%. Casey Research founder Doug Casey thinks gold will head much higher than that in the coming years. According to Doug, the financial system is held together by “chewing gum and bailing wire” right now. When the public realizes this, they’ll dump stocks and buy gold. Doug says this mad rush could cause the price of gold to hit $5,000 an ounce, more than triple today’s price. If you don’t own gold yet or would like to buy more, watch this short presentation. It reveals what could possibly be the cheapest way to buy gold in America. Most mints, gold dealers, and online merchants can’t offer prices anywhere close to this good. We encourage you to take advantage of this deal ASAP. It may not be available a few months from now.   Click here to learn more. Chart of the Day Corporate America is cashing out of the stock market. Today’s chart shows the value of new monthly stock buybacks since August 2013. You can see buyback activity has plummeted over the past couple months. According to MarketWatch, it’s now at the lowest level in four years. What’s worse, corporate insider selling has surged. According to CNBC, corporate insiders, which includes CEOs and CFOs, are selling stock at the fastest pace since June 2015. Corporate insiders know their companies better than anyone. They know if business is picking up or getting worse long before it shows up on the quarterly income statement. They also know if their stock is a good deal or overvalued. The big drop in buybacks and the surge in insider selling tells us Corporate America doesn’t like stocks right now. If you’re nervous about the stock market, we encourage you to own gold. But before you spend another dollar on gold, you need to first watch this short video. It could save you thousands of dollars. Click here to see why.last_img read more

first_img— Recommended Link What’s hidden inside this Social Media Giant’s “Area 404”?Something so extraordinary is being assembled at Facebook… Mark Zuckerberg is not allowed into the room holding it without special permission. Details of the project are coming out – and the technology behind it could be the key to a new $127 billion industry where investors could see a 1,152% gain in as little as 2 years. This video shows you what’s been discovered so far. Editor’s note: If you read the Dispatch often, you know we like to share insights from Casey Research founder Doug Casey as much as we can. Doug sees the world differently than most people, especially “trained” economists. He’s also a superb writer, highly entertaining, and not afraid to speak his mind.In the past, we’ve shared essays where Doug discusses everything from the European migrant crisis…to why democracy is uncivilized…to recent corruptions of the English language. Today, we have something different to share with you.In the essay below, Doug explains what President-elect Donald Trump could mean for your personal finances, specifically bonds, real estate, stocks, and commodities like gold.In other words, we’re sharing advice from Doug that could make you a lot of money over the next four years. We hope you find this essay as useful as we did.[The following essay originally appeared in this month’s issue of The Casey Report.]So, Trump has won the election. Of course anything can happen between now and his presumed inauguration on January 20. Maybe the Swamp Creatures will succeed in causing a recount in so-called Purple States that could change the number of electors in Hillary’s favor. Maybe they’ll somehow influence Trump electors to vote for Hillary. None of this would have been an issue if Baby Bush II, Jeb, had been the Republican nominee, as was supposed to have happened. It all just shows what a transparent (a word these people love to use) fraud “democracy” has become.Let the hoi polloi cast a meaningless vote, so they have the illusion of being in control. Instead of seeing themselves as subjects, they’ll think they’re “we the people,” who actually have some say in what happens. That way they’ll pay their taxes willingly, enthusiastically sign on to aggressive wars on the other side of the world against people they know nothing about, and generally do as they’re told. Because it’s supposed to be patriotic. “Democracy” is a much more effective scam for controlling the plebs than kingship or dictatorship.That said, the Establishment, the Deep State, was genuinely shocked and appalled by Trump’s victory. As Baby Bush the First would have said, they misunderestimated how angry the average voter was. That’s because the Coastal Democratic Elite are totally out of touch with the common man. But they needn’t fret too much. They’ll be re-installed, with a vengeance, in four years. At last: a remarkable breakthrough for the “not yet wealthy”… Gold and Commodities—Frankly, where do you put your money when almost everything is overpriced? Commodities are coming out of a five-year-long bear market. They’re about the only thing that’s cheap. That’s true relative to their cost of production (farmers, ranchers, and miners are breaking even, at best, all over the world). And it’s true relative to their history (they’re down 50% from the peak of 2011).In other words, commodities are a much safer place for your capital than stocks, bonds, or real estate (excepting agricultural property) for the foreseeable future. The problem is that it’s hard to hold a carload of wheat or ten tonnes of sugar.Remember that gold and other commodities aren’t “investments.” An investment is something that acts to create new wealth. They’re simply assets. Sometimes they can be excellent speculations. Gold, however, is money, and will remain so long after the US destroys its currency.I recommend, therefore, that you accumulate gold and silver instead of plunging into conventional investments. Check with the dealers we list in The Gold Book to see who you prefer to work with. [Editor’s note: The Gold Book is exclusive to readers of The Casey Report, which you can sign up for at the end of today’s essay.] But if you don’t have a significant position in the metals already, please get going.A final thought. It’s usually a mistake to count on any head of state to make things in a country better. It can certainly happen—as with Erhard in Germany after WW2, Pinochet in Chile, Thatcher in Britain, or even Reagan in the US. Maybe it will be true of Trump. He’s got a much stronger personality than Reagan, for openers. But the bigger and older a State gets, the harder it is to change. It’s comparable to trying to stop a fully loaded supertanker.Editor’s note: Every month, Doug shares his best insights in The Casey Report, our flagship publication. It’s also where we share many of our best investment ideas…For example, E.B. Tucker, editor of The Casey Report, told his readers about a little-known gold and copper miner in early August. At the time, the stock was already up 140% on the year. E.B. assured his readers that the stock was headed much higher. And he was absolutely right…In just four months, this stock has surged another 136%. Normally, we wouldn’t tell you to buy a stock after such an explosive run. But E.B. is still convinced this stock will keep soaring…To see why, watch this new presentation. It talks about three catalysts that could cause the price of gold to skyrocket. Most investors have no clue what these catalysts are. We think these people could be missing out on the opportunity of a lifetime…Watch this FREE video to learn why. ➢LK emailed: “My net worth has increased by 157% to almost $500,000. Haven’t lost a cent anywhere.” Recommended Link ➢Richard wrote: “We were broke 4 years ago, even had to file for bankruptcy and almost lost our home. Now we have over $100,000 in savings.” That will likely be true for two reasons:Simple demographics. The groups that vote Democrat (e.g., blacks, Hispanics, urban dwellers, immigrants, Millennials) are growing in numbers faster than those who vote Republican. Republicans are older people, and the Boomers (born 1946–1966) and the Silent Generation (1926–1946) are dying off. More people are moving to the cities, and that influences them to vote Democratic. More people (still, idiotically) are pursuing higher education, and that also influences them to vote Democrat.The Greater Depression. One definition of a depression is a period of time when distortions and misallocations of capital are liquidated. A time when bubbles caused by monetary expansion are popped. A time when unsound businesses fail. I re-emphasize this because the party on whose watch it happens is automatically kicked out. So, the Democrats actually got quite lucky not to be in office when the time bomb goes off. Trump could easily go down as Herbert Hoover II.What could change things? A serious war, much bigger than the sport wars the US is currently engaged in, is the biggest danger. That’s much less likely with Trump than Hillary, but these things have a life of their own. My guess for the next president is either a left-wing general (because Americans love and trust their military), or a left-wing populist, like Elizabeth Warren.But that’s crystal balling at this point. Let’s proceed on the assumption Trump is actually going to be the president for at least the next four years. Although problematical, he’s a vast improvement over Hillary. What will it mean for the US and the world? More importantly, what will it mean for your personal finances and freedom? Let’s look at the possibilities.Bonds—With bonds, we’re at the peak of the biggest financial bubble in world history. This is a very big deal.Interest rates move in very long cycles. They went up from the mid-1940s to the early ’80s, when long-term government bonds peaked at close to 16%, and T-Bills at over 16%. I thought they hit bottom years ago, but the cycle overshot.My guess is that they’re headed up in earnest now. And Trump, as someone who understands business (even though he doesn’t understand economics), will likely (I think…) do what he can to send them higher. Why? He understands the country needs to save, to rebuild capital. And higher rates will encourage saving and discourage debt.The risk is that, with all the debt that’s been put on in the last decade, debtors will be hard-pressed to service it. That includes the USG with $20 trillion of on-balance-sheet debt, and a lot more in the way of off-balance-sheet debt, guarantees, and contingent liabilities. Much of it will be activated if higher rates cause a lot of defaults.What should you do? Sell all your bonds.Real Estate—Property, at least in the English-speaking world, floats on a sea of debt. Interest rates go up, real estate prices go down. The economy goes down, so do property prices. Add to that the aging US population, which isn’t good for property; as people age, they downsize. Add to that the fact we’re in another real estate bubble, similar to what we saw in the mid-oughts. After bonds, property is likely the worst place to be. In fact, I’ll go so far as to say the great post–World War II property boom is at an end—but that’s a subject for another time. There’s not much that Trump can do to fix this.What should you do? Lighten up on property. Make sure any mortgages you keep are at fixed rates.Stocks—If Trump only follows through with his promise to cut taxes, and eliminate two old regulations for every new one, it would be wonderful for the economy. But the economy and the stock market are two different things; they only correlate over the long run. I suppose he’ll follow through with his promise to build lots of new infrastructure. Government deficits will soar, and only the Fed will be on hand to buy all that new debt.Infrastructure companies will get a fat slug of the newly printed money. But I find it hard to get enthusiastic for the stock market. In terms of dividends, P/E ratios, or book value, it’s already at one of the highest levels ever. Bear in mind that well-selected stocks can still go up, even if the market as a whole goes down.That said, I feel more comfortable with shorts than longs at this point. Discover how to acquire retirement-level wealth in seven years or less… with no stock trading or options… no MLM… no gambling… and even if you have debts now…See more HERE >>>last_img read more

Recommended Link

first_imgRecommended Link [RARE FOOTAGE] Chris Mayer’s NEW 100-to-1 Project UpdateFor the next few days only, you can discover master investor Chris Mayer’s reverse-engineered blueprint that identifies the characteristics of stocks that have made $10,000 for every $100 invested, for free. Click here to watch it now. Recommended Link This New Metal is Leading the Next Industrial Revolution This “meteor” metal has already doubled in price over the past 12 months. Experts suggest it could go much higher. Click here for Doug Casey’s insight on how to invest… “Volatility Can Be Your Best Friend”The oil market is highly cyclical. It goes through regular booms and busts, just like other commodity markets.For investors, this can be a good thing. As Doug Casey says:Volatility can be your best friend, as long as your timing is reasonable. I don’t mean timing exact tops and bottoms—no one can do that. I mean spotting the trend and betting on it when others are not, so you can buy low to later sell high.Oil experienced a major boom cycle from 2002 to 2008. The price of oil skyrocketed 704% during this period. It went from $18 per barrel in 2002 to $145 in 2008.Then, oil plunged 80% as the 2008 financial crisis unfolded, down to a low of $30 per barrel.Oil went through a new boom cycle from 2009 to 2014. The price of oil topped out at $114 during this cycle.Then, in late 2014, the US and Saudi Arabia colluded to keep the oil market saturated. Low oil prices hurt the Russian and Iranian economies, which both depend heavily on oil sales.This created a new bust cycle. Oil plummeted 76%. Then the cycle turned again.The price of oil has been going up since it bottomed in 2016. But it still hasn’t reached its previous highs. That’s because it hasn’t had the right catalyst yet.A regional war in the Middle East—which looks increasingly likely as Iran and Israel pick away at each other—would certainly do the trick.But I think the offshore drilling industry is set to soar regardless. If nothing else, it’s long overdue for a “catch up” rally… Justin’s note: Today, we’re sharing a big “crisis investing” opportunity…Longtime Casey readers know that crisis investing is the most powerful wealth-building secret in investing. You can turn a little bit of money into an absolute fortune by betting on industries that have been left for dead… and are on the verge of an upswing.My colleague Nick Giambruno is a master at finding these opportunities… and he just pinpointed another one…By Nick Giambruno, editor, Crisis InvestingOn April 20, 2010, 40 miles southeast of the Louisiana coast, an offshore oil rig named Deepwater Horizon exploded into a giant fireball.It was the worst environmental disaster in US history.The blast killed 11 workers and crippled the drilling platform. The entire rig eventually sank.The explosion also caused four million barrels of oil to spill into the Gulf of Mexico. It was the world’s biggest marine oil spill—ever.Some of the mess washed ashore in Alabama, Florida, Louisiana, Mississippi, and Texas, destroying thousands of coastal businesses. The rest poisoned once-rich Gulf fisheries.It took almost two months to cap the oil well and stop the flow. By that point, the tab for the damage was over $50 billion.The negative media coverage was nonstop. It was the worst-case scenario for offshore drillers. Everyone hated them, including investors.The US offshore rig count (a convenient marker of the oil industry’s health) collapsed following the disaster. It fell 80% from April 2010 to July 2010.Today—after some additional setbacks—the industry is finally poised for its big comeback.This is partly because the Trump administration is moving to peel back offshore drilling regulations. I’ll get to those details in a moment.But first, you need to know a bit about the oil market as a whole. — — Regulation Stalls RecoveryOffshore oil production matters. It accounts for about 30% of the world’s oil supply.The US offshore drilling industry eventually stabilized as cleanup from the Deepwater Horizon accident progressed. The offshore rig count grew steadily from the end of 2010 through 2014 as the oil price rose.Then the price of oil plunged 76% during the 2014­­–2016 bust cycle. And the offshore rig count plunged right back down with it.The rig count started to increase again after oil bottomed in February 2016. For a moment, it looked like the offshore oil industry would recover with the price of oil.Then the rig count suddenly reversed course. It plummeted to its lowest level in over 10 years.The reason? Regulation.It took six years for the federal government to react to the Deepwater Horizon crisis. Then in 2016, it significantly increased offshore drilling regulations.The Obama administration banned all new offshore oil and gas development within more than 100 million acres of the Atlantic coast. It also blocked nearly 94% of drilling on the outer continental shelf, which is the area between coastal waters and the deep ocean.This was a major problem for offshore oil drillers.You see, the offshore oil business goes through its own booms and busts, just like the oil market as a whole. In the last cycle, oil drillers brought too many rigs into the market at the wrong time.Just as the industry was finally putting the Deepwater Horizon accident behind it, the price of oil tumbled. Offshore drillers got crushed.While the price of oil and most oil stocks has been rising since 2016, the offshore oil industry has floundered.I think that’s about to change.A Long Overdue RecoveryEarlier this year, the Trump administration moved to lift Obama’s offshore drilling ban. This would allow new offshore oil and gas drilling in nearly all US coastal waters.Trump’s proposal would also free up 90% of the outer continental shelf for offshore drilling. This bodes very well for the US offshore oil industry.Offshore drilling activity, as measured by the rig count, has increased significantly over the past few months.Right now, utilization for all offshore rigs is at 74.2%. Optimal utilization is 80%. The industry isn’t there yet. But there’s been a notable improvement since 2017, when it hovered in the 70% range.This is a good sign that the offshore oil industry is starting to recover from its worst ever downturn.The sentiment about offshore drilling is increasingly positive. Investment dollars are flowing back into production capacity. It looks like 2017 marked the bottom for the offshore oil industry.Offshore oil stocks have lagged behind other oil stocks. So even a “catch-up” rally would send stock prices higher.In short, these companies are very cheap right now, and are poised for an uptrend. Couple that with the positive outlook on the price of oil, and you’re looking at an excellent crisis investing opportunity.Regards,Nick Giambruno Editor, Crisis InvestingP.S. As I write, tensions are growing between Israel and Iran… and their much more powerful allies. I think a big Middle East war is highly likely right now. Of course, I’m not cheering for a war. But it would certainly cause the price of oil to spike—and send offshore oil stocks even higher. I shared the best way to play this trend in the latest issue of my advisory, Crisis Investing. Subscribers can read the issue here.If you’re not a current subscriber, you can sign up for my letter—and learn how to access all of my actionable crisis investing opportunities—by clicking here.Reader MailbagToday, positive feedback for Nick…Hi Nick! Each month I look forward to the final Tuesday of the month, and read each word of your report with thirst. It is informative, fun, and easy to read.—JacobAs always, let us know your thoughts, including any suggestions you may have for the Dispatch, right here.In Case You Missed It…The opioid epidemic is one of the biggest problems our country has ever faced. It’s so big that President Trump declared it a national emergency under federal law… and Congress just approved $6 billion to fight it.In the past, companies that solved similar problems saw peak gains of 95,800%, 63,400%, even 216,100%.Now, a former corporate banking insider believes he’s found the next one to ride this unique wave. Get all the details here before it’s too late.last_img read more

Education Secretary Betsy DeVos announced sweeping

first_imgEducation Secretary Betsy DeVos announced sweeping rules on how colleges handle cases of sexual assault and harassment that she says will fix a “failed” and “shameful” system that has been unfair to accused students. In what the administration is calling a “historic process,” the proposed rules aim to significantly enhance legal protections for the accused and reflect a sentiment expressed by President Trump that men are unfairly being presumed guilty. More than a year in the making, the rules replace Obama-era policies on how to implement Title IX, the law barring gender discrimination in schools that get federal funding.The new rules are drawing both applause and anger.Among the most significant changes is that schools can make it harder to prove allegations by raising the level of proof needed. Instead of requiring only a “preponderance of the evidence,” as the Obama administration had directed, schools could demand “clear and convincing evidence.” And many schools may well be forced to raise the bar, since the regulations also require that the standard for students be the same as that used for faculty and staff.The rules do not go into effect until they go through a public comment period, which could be a long process and could result in more changes.Under the new regulations, students also would be guaranteed the right to cross-examine each other. That was discouraged under the Obama administration. To minimize retraumatizing victims, the regulations would bar student-to-student confrontations, requiring instead that questions be asked by a third party, such as the accused student’s attorney.”We expect that the proposed regulations will be a dramatic improvement,” says Samantha Harris, director of policy research at the Foundation for Individual Rights in Education. She applauds the administration for “recognizing that schools must provide meaningful procedural protections to accused students when adjudicating such serious offenses.”But victims’ advocates lambasted the new rules, saying they will have a chilling effect on reporting, as survivors will not want to subject themselves to such a difficult process.”It demonstrates Betsy DeVos and the Trump administration share the same attitude about assault that we saw from Senate Republicans during the Kavanaugh hearing — disparage and diminish survivors and discourage them from reporting,” says Jess Davidson of the group End Rape On Campus.Combined with other proposed changes, she says, this would mark a return to a time when “rape, assault and harassment were swept under the rug.” Her group already is organizing protests.The Trump administration proposes “reasonably prompt” time frames for investigations but does not specify how long they should take, as the Obama administration had, and they would allow informal dispute resolutions that were previously banned, including mediation.And while the new regulations encourage schools to offer supportive measures to a victim, such as a no-contact order, they also would bar any such measures that would “burden” or punish an accused student while an investigation is pending or if he or she is found to be not at fault. For example, a no-contact order would have to apply mutually to the accuser and the accused. The Obama administration directed schools to “minimize the burden on the complainant.”Critics also complain that the new regulations let schools off the hook in too many cases. The administration says it wants to make sure “only objectively serious behavior is actionable.” Under the new regulations, colleges would only have to investigate the most egregious cases of sexual harassment. The Obama-era definition of “unwelcome conduct of a sexual nature” would be significantly narrowed to include only sexual misconduct that is “so severe, pervasive and objectively offensive” that it denies a person access to a school’s education program or activity.Also, colleges would only have to investigate accusations that are reported directly to designated administrators. Schools might have no obligation to investigate if a student tells a coach or a resident adviser, for example. And even if directly reported, the schools would not have to investigate every complaint. The regulations say a school would only have to investigate if the alleged victim wants it to.For some colleges, the new rules are bringing at least some sense of relief. Many welcome the new clarity — so they know their obligations and can limit their risk of ending up under government investigation. But as the new regulations would make the college process a little more court-like with lots of procedural requirements, that also makes things more onerous for schools.Unlike the Obama-era guidelines, when DeVos’ new rules are implemented, they will have the force of law without having been approved by Congress. Copyright 2018 NPR. To see more, visit http://www.npr.org/.last_img read more

Nurse midwife KarliRae Kerrschneider wanted the s

first_imgNurse midwife Karli-Rae Kerrschneider wanted the same supportive birth experience she promises her own patients — and that included the use of nitrous oxide, or laughing gas, to dull her discomfort. The delivery of the gas during labor has come back in vogue in the U.S. in the past few years as a less invasive alternative to an epidural administered by an anesthesiologist. With a tank in the hospital room, a woman in labor can take breaths of the gas as she needs it.”Nitrous doesn’t take away the pain so much as make you not care about it,” Kerrschneider said, noting its mild euphoric effect.Kerrschneider had an epidural for the birth of her daughter in 2016 and didn’t like being immobilized and confined to her bed during labor. For the birth of her son last December, she opted for nitrous oxide at Hudson Hospital in Hudson, Wis. The labor was long — 11 hours — but it went just as she’d hoped, with no complications and great care from a nurse midwife and doula. Being able to take puffs of nitrous was empowering and “took the edge off” as she moved around and spent time in the bathtub during her contractions. She estimated she breathed in the nitrous 10 to 15 times an hour in active labor.She and her husband, Christopher, welcomed their son, Leviathan, on Dec. 19. “It was amazing,” she said. “I would do it all over again.”Then the bill came. Patient: Karli-Rae Kerrschneider, 32, a certified nurse midwife who lives with her husband and two children in Baldwin, Wis. She has insurance through Medica, which her job at Western Wisconsin Health provides.Total bill: $11,890 for the hospital stay, including $4,836 for the nitrous oxide. Service provider: Hudson Hospital, a 25-bed critical access hospital in Hudson, Wis. It’s part of HealthPartners, a nonprofit regional health system and insurer based in Bloomington, Minn. Medical service: Kerrschneider had an uncomplicated vaginal delivery attended by a nurse midwife and a doula. Her water delivery was followed by a two-day hospital stay for her and her newborn. Her only pain relief during her labor was the nitrous oxide. What gives: As hospitals have adopted billing practices common in other businesses, more and more of their services are billed by the minute — for example the time a patient spends lying in the recovery room after surgery, the time a cancer patient spends receiving a drug infusion or the time a patient is hooked up to heart monitoring. Kerrschneider was charged for 39 units of nitrous oxide, or about $124 for every 15 minutes the tank was in her room after a nurse showed her how to use the gas. The billing for nitrous continued whether or not she was using it. After almost 10 hours, the charges amounted to $4,836. “I think it’s ridiculous that they charged so much,” she said, pointing out that she didn’t even have IV pain relief. “I can buy my own machine for that.”Kerrschneider even joked with her husband that for that amount of money she could have had the baby at home, bought her own nitrous oxide machine and rented it out to other people afterward. Well, she was close. A new nitrous oxide delivery machine retails for around $6,500, and tank refills cost less than $50, according to CAREstream America, a company that sells the equipment.Judith Rooks, a retired nurse midwife and past president of the American College of Nurse-Midwives, helped popularize the use of nitrous oxide during childbirth. Rooks said that while she was appalled to hear of the hefty bill, she wasn’t entirely surprised.”There is no transparency or standardization,” Rooks said, noting that charges can vary widely for nitrous oxide during labor. Part of that problem comes down to the recent resurgence of the practice in the United States. In 2011, two hospitals in the U.S. offered nitrous oxide for childbirth. Now an estimated 1,000 hospitals and 300 birthing centers provide it, said Michelle Collins, a professor and director of nurse midwifery at Vanderbilt University School of Nursing. The use of nitrous oxide has long been common during childbirth in the United Kingdom and Canada, in part because of its low cost. Many people in the U.S. have learned about the practice while watching the popular British period drama Call the Midwife, set in the 1950s. Epidural anesthesia largely displaced nitrous oxide in the U.S. in the 1970s.Typically (and safely) overseen by nurses who teach women how to breathe into the mask, nitrous oxide is commonly billed at a flat fee — anywhere from $100 to $500 for access to the machine and gas. Sometimes hospitals charge for the mask, usually around $25, Collins said. Laughing gas itself is very cheap — it costs about 50 cents an hour during labor, she said. Sometimes hospitals don’t charge anything for it at all. But billing can change if nitrous oxide is administered or supervised by a physician or nurse anesthetist, which means the intervention can be assigned an anesthesia code. Kerrschneider was charged under this method, contributing to her higher bill. This raised red flags for Kerrschneider because an anesthesiologist wasn’t present during any part of her labor at the hospital, a fact that led her to question her bill.Hudson Hospital said in a statement that the anesthesia category is the one it uses to bill for that service, noting that “the billing category is broad and does not necessarily indicate that an anesthesiologist or a certified registered nurse anesthetist performed a service.” For comparison, though, Hudson Hospital charges only $1,495, on average, for an epidural, according to its communications office. That’s less than a third of the cost of the nitrous.”I’ve seen these ridiculous bills for birth — I can’t believe anybody pays them,” Rooks said. “That’s completely out of step with any kind of actual cost, but so is pretty much any bill that comes through.”Resolution: When Kerrschneider saw she had been billed for anesthesia, she called the hospital repeatedly about the coding, wondering if the hospital had accidentally charged her for an epidural. She protested further when she discovered the high charge was simply for nitrous. She knew that the hospital where she works charges a flat fee of about $100 for the same thing.Kerrschneider’s insurance company, Medica, said it refused to pay the $4,836 she was charged for nitrous oxide costs, citing “provider responsibility.” That means that Medica did not specifically judge the charge for nitrous to be too high but that it had an agreed-upon rate for childbirth with Hudson Hospital and total charges can’t exceed that amount. The hospital knocked the nitrous oxide charge down to the one-hour rate of $496 — still almost five times what Kerrschneider’s own hospital would charge. Kerrschneider eventually gave up and accepted the reduced nitrous charge since she didn’t want to further antagonize people in the region where she also works as a nurse midwife. Altogether for the care she and her son received for his birth, she was on the hook for deductibles and copayments that totaled $3,635. She paid it. “I was just tired of dealing with it,” she said. “I had a newborn. I was breastfeeding, and I didn’t want to have it hanging over my head anymore.” Still, she was appalled that an uncomplicated birth could end up costing so much. “How many people have given birth at this hospital and have paid it in cash or whatever just because they didn’t know?” she asked.The takeaway: Nitrous oxide used during labor and delivery does not have a standardized charge or code, which is surprising considering that there are medical charge codes for just about everything — including being pecked by a chicken or getting sucked into a jet engine. Prices and billing methods for childbirth can vary widely among hospitals. Some hospitals may offer a price that includes items like an epidural, use of a birthing tub, breastfeeding education and nitrous, if desired and needed. Others will charge for each item — sometimes a lot and sometimes by the minute. Kerrschneider said she didn’t think to ask about charges for nitrous oxide, considering that her own hospital charged so little for the service.Before you decide where to have your baby — before any elective hospitalization — ask for an all-inclusive estimate and a pricing breakdown, and be sure you understand how the hospital calculates its bills. Once you’ve left the hospital, ask for an itemized bill and scrutinize it carefully. Kerrschneider was an informed medical professional who works in the labor and delivery field, which helped her realize she was being overcharged. But if, for example, you see a big charge for anesthesia when you never saw an anesthesiologist, ask questions, make a fuss. Only you can catch some types of improper billing: You were in the delivery room. Your insurer was not. NPR produced and edited the interview with Kaiser Health News’ Elisabeth Rosenthal for broadcast. Minnesota Public Radio’s Mark Zdechlik provided audio reporting. Kaiser Health News is a nonprofit news service covering health issues. It is an editorially independent program of the Kaiser Family Foundation that is not affiliated with Kaiser Permanente. Copyright 2019 Kaiser Health News. To see more, visit Kaiser Health News.last_img read more

Disabled members of the Conservative party have la

first_imgDisabled members of the Conservative party have launched their own investigation into the closure of the Independent Living Fund (ILF), following widespread concerns about its impact across the country.The Conservative Disability Group (CDG) has issued an appeal to former ILF-users and those who had friends or relatives who were recipients of ILF funding to help with the research.Disabled campaigners have accused the government of trying to “wash its hands of all responsibility” for meeting the social care support needs of former ILF-recipients, with the transition process hit by reports of cuts to their care packages. ILF was funded by the Department for Work and Pensions, and when it closed on 30 June 2015 it was helping nearly 17,000 disabled people with the highest support needs to live independently.But ministers decided it should be scrapped, promising instead that nine months’ worth of non-ring-fenced funding would be transferred through DCLG to councils in England, and to devolved governments in Wales and Scotland.CDG – which provides a forum for party members with an interest in disability to raise concerns and make suggestions that can be passed on to Tory MPs and councillors – plans to write a report to share with the minister for disabled people, Justin Tomlinson.Wayne Henderson, a member of the CDG executive, has told members the project will examine how well the transition has been managed.He has asked for evidence of how the process has worked in different parts of the country, whether there have been any problems, and whether people’s care packages have been protected by their local councils.He told Disability News Service that it was CDG’s “first call for evidence in recent years” and that they were “using our limited resources to investigate one of the most current areas where there are reported problems in order to find out the facts”.But he said it was too early to say if he or other CDG members were concerned about how the transition from ILF closure had been managed.He said: “We are doing this because we have heard that the transition varies considerably from area to area and we want to get more facts to inform our consideration and thence to pass on information and suggestions to the parliamentary group.”A spokeswoman for Inclusion London welcomed CDG’s decision to carry out the investigation, but said it was a surprise.She said: “People haven’t felt listened to by the Conservative party. It shows that it is such an important issue that they are choosing to research in this area. It shows an awareness that the transition has not gone smoothly.”A Conservative party spokesman said: “The CDG are an independent organisation, so it is up to them what research they choose to undertake.”In October, figures obtained by Inclusion London through a freedom of information request showed that in one local authority, Waltham Forest, more than a quarter of disabled people who previously received ILF support had had their social care packages cut by at least half since it closed.Meanwhile, the Department for Communities and Local Government (DCLG) has finally confirmed – following weeks of requests for information from Disability News Service (DNS) – that it will provide some funding to councils to compensate them for the extra costs of providing support to former ILF-users in 2016-17.DCLG had insisted that any grants to support councils with the costs of former ILF-users in 2016-17 would depend on the outcome of the government’s spending review, and later said it would provide details once last month’s local government finance settlement had been announced.A DCLG spokeswoman has now finally told DNS: “Local councils are now responsible for meeting all of the eligible needs of former Independent Living Fund recipients.“The government is committed to ensuring councils meet their duties under the Care Act 2014 to former fund recipients.“We will be providing a grant to councils to fund former ILF recipients. Full details will be published in due course.”Ellen Clifford, a member of the national steering group of Disabled People Against Cuts (DPAC), said: “I would be surprised – although delighted – if there really was continuation of the separate ILF grant determination.“The delay in releasing this information means that local authorities will continue to plan ahead on the basis there won’t be, leading to re-assessments going ahead meanwhile on the basis of a need to cut costs.”This week, DPAC issued an appeal for donations to set up a fighting fund to help former ILF-recipients challenge cuts to their care packages.Clifford said that cuts to the extent of those seen in Waltham Forest “mean robbing disabled people of independence, dignity and equality”.Changes to legal aid mean some former ILF-users are no longer eligible for help with their legal bills, but cannot afford to fund court action to challenge cuts to their care packages.Clifford said: “Legal challenges are an important way of testing out the rights of former ILF recipients under the Care Act 2014 and making examples out of local authorities that are not meeting their legal duties.“This is why we need a fighting fund available to support legal challenges by former ILF recipients not eligible for legal aid.”Meanwhile, the Welsh government has confirmed, in an email to a former ILF-user, that it has allocated £27 million for 2016-17 to a fund it set up as a result of ILF’s closure.The Welsh independent living grant (WILG) funding will ensure that former ILF-users continue to receive their existing level of financial support for social care until at least March 2017.In the email sent to campaigner and former ILF-user Nathan Lee Davies, the first minister of Wales, Carwyn Jones, said the Welsh Labour government’s draft budget for 2016-17 “contains £27 million to enable the WILG to continue to March 2017 as planned”.He added: “I understand that the minister for health and social services will shortly be engaging with representatives of stakeholders to identify the best way of providing support in future.“This will be in the light of the public consultation held earlier this year. This is to ensure that future arrangements are in place for when the current grant concludes in 2017.”Davies said on his blog that this response was “the best Christmas gift I could have asked for as now I have it in writing that WILG will continue to March 2017 as planned”.He added: “I must keep my eye on the ball and continue to fight to secure long-term assurances for disabled people, but I can now forge forward with hope in my heart.”A Welsh government spokesman said: “The UK government’s decision to close the ILF caused anxiety among those who receive support, and their carers.“The Welsh grant scheme to replace the ILF came into operation on 1 July 2015. It allows local authorities to pay existing recipients their current level of funding.“The actions the Welsh government has taken to ensure this important source of funding continues to be delivered by our local authorities means people who currently receive ILF payments will still be able to get direct payments to sustain their levels of care and support under a new made-in-Wales process.”The Scottish government has set up its own Independent Living Fund, for both existing and new users in Scotland.Picture: Activists campaigning to halt the closure of the Independent Living Fund taking part in a protest in the grounds of Westminster Abbey in 2014last_img read more

How to Fix the iOS 111 Glitch That Wont Let You Type

first_img Next Article Register Now » Angela Moscaritolo Apple Free Webinar | July 31: Secrets to Running a Successful Family Business Image credit: Shutterstock Reporter –shares How to Fix the iOS 11.1 Glitch That Won’t Let You Type the Letter ‘i’center_img Are you having problems with your iOS keyboard after downloading iOS 11.1? You’re not alone.A strange bug affecting some devices running iOS 11.1 prevents people from typing the letter “i.” Reddit user TheCravin reported the problem over the weekend, noting that when some people try to type the letter “i” on a device running the public version of iOS 11.1, the keyboard suggests a different character like the “A,” “#” or “!,” followed by the “the Unicode character for ‘Hey I can’t read this'” — a box with a question mark.”I thought that was weird, but then I saw a tweet where someone clearly tried to type ‘I,’ and it instead showed the ‘A’ operator and then the question mark character,” TheCravin wrote. “When I tried to copy and paste the content of the tweet, my paste fixed it and just showed the letter ‘I.'”Several users chimed in on that thread and on Twitter saying they, too, were experiencing the issue.Anyone else finding this glitch on iOS??? What is going on? #is6621 pic.twitter.com/BBi8DwHha9— Whitney McDonald (@WhitMcDonald2) November 3, 2017WTF IS THIS??? pic.twitter.com/HheyOiussj— It’s Lizard ? (@_elizabeth_hull) November 6, 2017In a support note, Apple confirmed that some iPhones, iPads and iPod touch devices running the latest version of its mobile operating system are autocorrecting the letter “i” to the letter “A” with a symbol. It offered a workaround until it’s able to provide a fix in a future software update.Go to Settings > General > Keyboard > Text ReplacementTap .For Phrase, type an upper-case “I.” For Shortcut, type a lower-case “i.”Apple’s iOS 11.1, released on Tuesday, also includes more than 70 new emoji, including fairies, mermaids, a t-rex, a person meditating, a zebra, giraffe, hedgehog, cricket and more. 2 min read This story originally appeared on PCMag Add to Queue Apple offered a workaround until it’s able to provide a fix in a future software update. Learn how to successfully navigate family business dynamics and build businesses that excel. November 7, 2017last_img read more

Twitter Is Slashing 8 Percent of Its Workforce

first_imgTwitter Image credit: Twitter Add to Queue Reuters Next Article Twitter Inc said it would lay off up to 336 employees, or about 8 percent of its global workforce, as part of a plan to streamline operations.The layoffs, mainly in the company’s product and engineering functions, come about a week after the microblogging service provider appointed co-founder Jack Dorsey its permanent chief executive. “We feel strongly that engineering will move much faster with a smaller and nimbler team, while remaining the biggest percentage of our workforce,” Dorsey said in a letter to employees. “And the rest of the organization will be streamlined in parallel.”Shares of Twitter, which had about 4,100 employees globally as of June 30, rose 1.5 percent to $29.18 in premarket trading on Tuesday.The company said it expected to incur about $10 million-$20 million in severance costs and $5 million-$15 million in restructuring charges. Twitter expects to record most of these pretax restructuring charges in the quarter ending Dec. 31, it said.The company is working to rekindle growth after its latest quarterly results in July revealed the slowest rise in monthly average users since it went public in 2013.Technology news website Re/code first reported the planned layoffs on Oct. 9.Twitter also said it expected its third-quarter revenue to be at or above the higher end of its forecast range of $545 million-$560 million. The company estimated its adjusted EBITDA at or above the higher end its forecast range of $110 million-$115 million.Twitter will report its third-quarter results on Oct. 27 after the market closes.Up to Monday’s close, the company’s shares had fallen about 20 percent this year.(Reporting by Devika Krishna Kumar and Lehar Maan in Bengaluru; Editing by Kirti Pandey) Twitter Is Slashing 8 Percent of Its Workforce October 13, 2015center_img Free Webinar | July 31: Secrets to Running a Successful Family Business This story originally appeared on Reuters –shares Learn how to successfully navigate family business dynamics and build businesses that excel. 2 min read Register Now »last_img read more

Amid opioid prescriber crackdown health officials reach out to pain patients

first_imgA pharmacist in Celina, Tenn., was one of 60 people indicted on charges of opioid-related crimes last week, in a multistate sting. John Polston was charged with 21 counts of filling medically unnecessary narcotic prescriptions.He was also Gail Gray’s pharmacist and the person she relied on to regularly fill her opioid prescriptions.“I take pain medicine first thing in the morning. I’m usually up most of the night with pain,” she said. “I hurt all the time.”Living in a mountainous community on the Tennessee-Kentucky line, Gray has coped with a degenerative disk disease for more than 15 years, requiring multiple back surgeries. She says the chronic pain is totally debilitating without powerful opioids.But with her druggist shut down, her high-dose prescriptions have been questioned by the other pharmacy in town.“They wouldn’t take me because I was red-flagged on my dose,” she said.The dozens of indictments across Appalachia left thousands of patients who are dependent on opioids to function on a daily basis scrambling, from Ohio to Alabama. Over 50 of those indicted were doctors, nurses or other medical professionals. So as agents were in the field making arrests, the Justice Department also coordinated with local agencies to deploy health workers to look for desperate patients.U.S. Assistant Attorney General Brian Benczkowski said the enforcement was coordinated with health agencies and addiction treatment providers.“That plan is designed to ensure that affected patients have continued access to care and are, at the same time, directed to legitimate medical professionals in the area,” he said at a press conference in Cincinnati last week.Amid an ongoing crackdown on overprescribing doctors in Appalachia announced in October, patient advocates have been increasingly concerned for pain patients and those abusing prescription drugs. Being suddenly cut off from medications they depend on can be dangerous. Patients could become so desperate from withdrawal symptoms that they may resort to street drugs and could overdose.But this time, in Tennessee, the health department is working to connect people who need pain treatment to legitimate pain clinics. And the substance abuse department began plastering messages online just as the indictments were unsealed, giving patients a hotline to call.“This is the first time that we have had this type of heads-up,” said Marie Williams, who oversees Tennessee’s substance abuse agency.With previous stings that resulted in the closure of pain clinics, Williams said, her staffers have gotten, perhaps, one day to prepare. This time, it was nearly a month.Related StoriesAre Chronic Pain Relief Drugs for Children Effective?Creating a physical and genetic map of Cannabis sativaSleep quality and fatigue among women with premature ovarian insufficiencyOverdose prevention specialists have been deployed to train families on how to use reversal drugs like Narcan. They’ve also been taping up flyers on shuttered clinic doors.Williams said she hopes many who may have become addicted to painkillers will see the loss of their opioid supplier as a turning point.“This is an opportunity to really change your life and get to be the person that you really want to be,” she said.One of the medical practices shuttered by the federal takedown is in the small town of Carthage, Tenn. Dr. Bowdoin Smith is charged with prescribing controlled substances without a legitimate medical purpose.Suzanne Angel is a state-funded outreach nurse in the area who is helping contact patients in the wake of the crackdown. She has been warning local hospital and emergency responders to be on alert for patients who may act out of desperation to find addictive narcotics or who may even be suicidal. This month, the Food and Drug Administration acknowledged the risk of serious harm for patients who are abruptly taken off opioids and issued new guidance to prescribers for how to safely taper patients off high dosages of opioids.“I’m sure that they feel depression, despair, maybe anger and fear about ‘Who is going to take care of me?’ and ‘Is there going to be any support or services out there for me?’” Angel said. “I don’t want them to feel alone.”Angel said there are now more alternatives to opioids, and it’s possible patients could find another pain clinic.Because of the current legal focus on opioids, it can be much harder to obtain higher-dosage pills. And among the thousands of patients getting their medication through questionable providers, many have legitimate needs.“I’ve tried therapies. I’ve tried injections. I’ve tried several different things,” said patient Gail Gray. “We didn’t just start off taking opiates.”Gray found a new pharmacy, though it means driving to the next county. She expects it won’t be long before she’s seeking help again.“We’re being punished for people that do abuse drugs,” Gray said. “The chronic pain patients are being punished for it.”This story is part of a partnership that includes Nashville Public Radio, NPR and Kaiser Health News. Reviewed by James Ives, M.Psych. (Editor)Apr 24 2019 This article was reprinted from khn.org with permission from the Henry J. Kaiser Family Foundation. Kaiser Health News, an editorially independent news service, is a program of the Kaiser Family Foundation, a nonpartisan health care policy research organization unaffiliated with Kaiser Permanente.last_img read more

New BlackBerry phone aims to revive faded brand

first_img 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. © 2018 AFP China’s TCL brings back physical keyboard in new BlackBerry There’s a new BlackBerry smartphone, the latest effort to revive the once-dominant brand. BlackBerry’s new handset, the latest effort to revive the faded brand, includes a physical keyboardcenter_img Explore further Citation: New BlackBerry phone aims to revive faded brand (2018, June 7) retrieved 18 July 2019 from https://phys.org/news/2018-06-blackberry-aims-revive-brand.html The BlackBerry Key2 was unveiled Thursday in New York by TCL Communication, the Chinese manufacturer which took over the rights to the smartphone brand from the Canadian tech firm in 2016.The new device, which includes a physical keyboard under a 4.5 inch screen and runs the Android operating system updates the first BlackBerry Key released last year.It will be sold this month starting at $649 or 649 euros, according to the company.”Although there are many different smartphones for consumers to choose from today, most tend to offer very similar experiences without much distinction from one to the next,” said Alain Lejeune, head of TCL’s BlackBerry Mobile division.”With the introduction of BlackBerry Key2, we’ve created a distinct smartphone that captures all the traits that have made BlackBerry smartphones iconic, while introducing new innovations and experiences that not only make this one of the best devices for security and privacy, but also the most advanced BlackBerry smartphone ever.”BlackBerry’s share of the global smartphone market has fallen to virtually zero from a peak of more than half a decade ago.The dominance of Apple’s iOS and Android-powered handsets prompted the Canada-based firm to abandon the market to concentrate on software and services.Under the agreement between the two firms, Canada’s BlackBerry will remain in control of software and security on smartphones, while TCL will produce handsets powered by Google Android software, abandoning the former BlackBerry OS software.TCL also produces smartphones under the Alcatel brand.last_img read more

Foxconn may import workers for US plant report

first_img Foxconn putting US headquarters in Milwaukee Citation: Foxconn may import workers for US plant: report (2018, November 6) retrieved 17 July 2019 from https://phys.org/news/2018-11-foxconn-import-workers.html Explore further Terry Gou, chairman of Foxconn Technology Group, speaks at a groundbreaking ceremony in June for a new Foxconn factory complex in Wisconsin Taiwan-based electronics manufacturer Foxconn is struggling to find enough skilled workers for its planned facility in Wisconsin and may bring in personnel from China, the Wall Street Journal reported Tuesday.center_img © 2018 AFP The report said Foxconn, which makes devices and components for Apple and other tech firms, is facing a tight labor market for the manufacturing plant, which is getting some $3 billion in incentives from the midwestern state.The company has pledged to hire 13,000 workers at the southern Wisconsin site, but some reports say the total may be lower as Foxconn scales back its initial plans.The groundbreaking for the plant was attended in June by US President Donald Trump, who claimed credit for the decision by the company to locate the plant in the United States.Republican Governor Scott Walker, seeking re-election in Wisconsin, is touting the Foxconn deal as an achievement but his critics claim the state will end up losing as a result of the large subsidies. 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.last_img read more

Amazon slashes prices at Whole Foods Market offers 10 off

first_img Amazon to give Prime members extra discounts at Whole Foods Explore further 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: Amazon slashes prices at Whole Foods Market, offers $10 off (2019, April 3) retrieved 17 July 2019 from https://phys.org/news/2019-04-amazon-slashes-prices-foods.html Amazon is lowering prices at Whole Foods Market and will offer even more savings for Prime members. ©2019 Sun Sentinel (Fort Lauderdale, Fla.) Distributed by Tribune Content Agency, LLC. Shoppers will save at least 20 percent on hundreds of items with an emphasis on organic produce, the company said in a news release.For instance, a 12-ounce package of mixed-medley cherry tomatoes will be $3.49; organic rainbow chard will be $1.99 a bunch, among other deals. And, to entice shoppers to become Prime members, customers can get a special $10 off a $20 purchase coupon with an offer found at Amazon.com/WholeFoods10.Amazon also offers a free 30-day trial at Amazon.com/Prime.Amazon Prime members will find twice as many deals. Members get an additional 10 percent off 20 deals each week and can save more on at least 300 items regularly stocked in stores.For instance, in April, Prime members will save an extra $2 on organic asparagus and strawberries, both $2.99 per pound, and will get 40 percent off air-chilled, no-antibiotics whole chickens for $1.79 per pound. Prepared sandwiches and wraps also will be 20 percent off, among other deals.This is the third time Amazon has cut prices at the organic grocer.Amazon first slashed prices at Whole Foods Market in 2017 after completing a speedy $13.7 billion acquisition and immediately cut prices on organic staples, such as apples, eggs, salmon, tilapia, beef, chicken, baby kale and almond butter.last_img read more

Misophonia Why Do Some Sounds Drive People Crazy

first_img What Is White Noise? Could a seemingly innocent sound like someone chewing potato chips shoot up your heart rate and send your brain into a frenzy as if you were caught in a life-and-death situation? For people who suffer from misophonia, it can. Misophonia is a mysterious condition characterized by the experience of strong negative emotions, often anger and anxiety, in response to some everyday sounds other people make, such as humming, chewing, typing and even breathing. Although at first glance it may sound like an unfortunate but trivial annoyance, studies so far paint a more serious picture. “Some people doubt whether it’s really a disorder. They say, ‘Well, I get annoyed as well when I go to the movies and someone is eating crisps,'” said Damiaan Denys, professor of psychiatry at the University of Amsterdam. “There’s one important difference: These patients really suffer. We have seen divorces, we’ve seen people quitting their jobs.” Lack of awareness about the condition has even led to children with misophonia being diagnosed with much more severe disorders like attention-deficit/hyperactivity disorder (ADHD) or autism, Denys told Live Science. [What is the Taos Hum?]Headbutting Tiny Worms Are Really, Really LoudThis rapid strike produces a loud ‘pop’ comparable to those made by snapping shrimps, one of the most intense biological sounds measured at sea.Your Recommended PlaylistVolume 0%Press shift question mark to access a list of keyboard shortcutsKeyboard Shortcutsplay/pauseincrease volumedecrease volumeseek forwardsseek backwardstoggle captionstoggle fullscreenmute/unmuteseek to %SPACE↑↓→←cfm0-9接下来播放Why Is It ‘Snowing’ Salt in the Dead Sea?01:53 facebook twitter 发邮件 reddit 链接https://www.livescience.com/65669-what-is-misophonia.html?jwsource=cl已复制直播00:0000:3500:35  Misophonia has been scarcely researched and is not yet formally recognized as a psychiatric or neurological condition. But some psychologists who have seen the intense distress it causes in their patients are convinced it should be taken seriously. “I completely believe it exists, based on the research and based on my interactions with patients,” said Ali Mattu, an assistant professor in medical psychology at the Columbia University Irving Medical Center in New York City. “I’m just not quite sure what it is.” A brain that’s slightly different The underlying mechanism of misophonia is not fully known, but scientists suspect it’s caused by the way some people’s brains process particular sounds and react to them. In a new study published May 17 in the journal Scientific Reports, Denys and his colleagues monitored the brains of 21 people with misophonia and 23 healthy participants as they watched video clips of the following actions: triggering sounds, like lip smacking; neutral events, such as a person meditating; or gross scenes from movies. Only the misophonic clips caused a different response between the two groups. When watching a video of lip smacking or heavy breathing, people with misophonia felt intense anger and disgust, and their heart rates spiked. Their brain scans showed hyperactivation of the salience network, a group of brain areas that direct our attention to noticeable things in our surroundings. The study’s findings matched those from a study last year by another team, published in the journal Current Biology. That study found that in people with misophonia, trigger sounds send the salience network into an overdrive and activate brain areas responsible for regulating fear and emotions, as well as forming long-term memories. Using different brain-imaging techniques, the researchers found the connections between these brain areas are different and sometimes structurally more robust in people with misophonia than they are in the general public. These findings have led scientists to suspect misophonia is caused by a different wiring of the brain, causing the brain to perceive particular sounds as highly salient and respond with intense anxiety and distress. In other words, this brain reacts to a chewing sound in a way that’s more appropriate for responding to a lion’s roar. [Exploding Head Syndrome: A Mind-Blowing Sleep Disorder] Can a misophonic brain be calmed? Research into misophonia is so new, the condition is not well-defined and there are no standard guidelines for detecting and treating it. “The biggest challenge I have in treating it is that we just don’t have good criteria for what misophonia is,” Mattu told Live Science. “There isn’t an agreed upon psychiatric definition for it yet. There’s a lot of similarity between people who experience misophonia, but also a lot of diversity, which complicates our understanding of the condition. “Some of my patients experience anxiety in response to sounds. Some report disgust and others report rage,” Mattu said. To help patients with misophonia, therapists use a variety of techniques, often based on the type of symptoms. “What emotions are experienced and the thoughts that come up with those are key to treating this problem,” Mattu said. Those who experience fear and anxiety may respond to exposure-based treatments, in which therapists help them learn to manage their symptoms while exposing them to trigger sounds. In contrast, patients who experience anger learn to manage their distress through, for example, distraction or relaxation techniques. The most effective therapy so far appears to be cognitive behavioral therapy, in which therapists help people change the way they think about these situations and learn to shift their attention, Denys said. Why Does the Sound of Water Help You Sleep? What’s That Noise? 11 Strange and Mysterious Sounds on Earth & Beyond Originally published on Live Science.by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeVikings: Free Online GamePlay this for 1 min and see why everyone is addicted!Vikings: Free Online GameUndoTruthFinder People Search SubscriptionOne Thing All Liars Have in Common, Brace YourselfTruthFinder People Search SubscriptionUndoGundry MD Total Restore SupplementU.S. Cardiologist: It’s Like a Pressure Wash for Your InsidesGundry MD Total Restore SupplementUndoNucificTop Dr. Reveals The 1 Nutrient Your Gut Must HaveNucificUndoTop 10 Best Meal DeliveryMeal Kit Wars: 10 Tested & Ranked. See Who WonTop 10 Best Meal DeliveryUndoArticles VallyDad Cuts Daughter’s Hair Off For Getting Birthday Highlights, Then Mom Does The UnthinkableArticles VallyUndolast_img read more

Air strikes on Syrian rebel enclave intensify monitor

first_img World 07 Jul 2019 Russian-led assault in Syria leaves over 500 civilians dead – rights groups, rescuers {{category}} {{time}} {{title}} Related News World 10 Jul 2019 Assad hits a wall in Syrian war as front lines harden Syria’s eight-year war has killed half a million people, driven half the pre-war population of 22 million from their homes, inspired a wave of militant attacks around the globe, and dragged in regional and world powers. Aid agencies say the scale of bombardment in the north west risks further humanitarian disaster. Hundreds of thousands of people have already fled towards the Turkish border. While both Idlib city and Maarat al-Numan were heavily targeted by airstrikes in earlier phases of the war, they have not been a major focus of bombardment in recent months, with the military more focussed on hitting areas near the front lines. There was a surge of violence this week on the area of Tel Hamamiyat on the southwestern edge of the enclave, where pro-government al-Watan newspaper and rebel statements reported major fighting. A spokesman for the local government controlling most of the enclave, which is held predominantly by jihadist factions, said Friday prayers had been suspended in several cities due to the air strikes. More than two months of Assad’s Russian-backed assault in and around Idlib province have yielded little or no military gains, marking a rare case of a campaign that has not gone his way since Moscow joined his war effort in 2015.Turkey, which backs some rebel groups in northwest Syria and controls an adjacent zone along its own border, agreed a truce last year with Russia to reduce warfare around the enclave. Those areas, and the quarter of Syria east of the Euphrates river which is held by U.S.-backed Kurdish groups, are the only parts still out of Assad’s control. (Reporting by Angus McDowall in Beirut and Sarah Dadouch in Istanbul; Editing by Andrew Cawthorne)center_img BEIRUT (Reuters) – Air strikes targeted rebel-held cities in northwest Syria on Friday, a war monitor reported, widening bombardment of the last major insurgent enclave to areas that had mostly escaped it. The strikes killed three people in Idlib and three in Maarat al-Numan, two of the largest cities in the region, the Britain-based Syrian Observatory for Human Rights reported. Another nine people were killed elsewhere in the enclave, it said. President Bashar al-Assad’s government, backed by Russia, has waged a major assault against the northwestern enclave since the end of April in a battle the Observatory says has killed nearly 2,450 people. World 10 Jul 2019 Exclusive: New chemical weapons team to launch first Syria investigations Related Newslast_img read more