EU slashes its forecast for German growth as it predicts Eurozone slowdown

first_img Share Meanwhile Italy’s underperforming economy is now projected to grow just 0.1 per cent this year.The Commission’s spring economic report blamed weakness in manufacturing for the euro area’s poor recent economic performance. It said “rising protectionism” globally and tighter financial conditions had “weighed on investment, activity and trade”.It also warned that “substantial risks” to growth remained in place. “As initial deadlines for US-China trade negotiations and Brexit have passed without resolution, various uncertainties continue to loom large,” it said.An escalation of trade tensions with the US that ratcheted up tariffs on EU products “would have a significant and very disruptive impact,” the spring report said.Concerns over high rates of debt among some member states could also damage growth in Europe by pushing up borrowing costs, the Commission said. It raised concerns that debt worries could “spill over”, risking another sovereign debt crisis. whatsapp Official forecasts, released by the European Commission (EC), said Italy’s budget deficit will balloon to 3.6 per cent of GDP in 2020 – breaking the EU’s three per cent limit – in a development likely to cause further rows between Rome and Brussels.The Commission said the euro area will now grow by 1.2 per cent in 2019, its slowest rate since the Eurozone crisis. In autumn 2018 it had predicted growth of 1.9 per cent this year.It also warned the continent’s economy risks a “major shock” from escalating global trade tensions.In another blow for Germany, the Commission became the latest forecaster to slash the country’s growth predictions. Europe’s biggest economy – formerly the powerhouse of the single currency area – is now forecast to grow by just 0.5 per cent in 2019, compared to the 1.1 per cent growth the EC foresaw in February.Both the Commission and the German government have pointed to new car emissions tests as causing industrial hold-ups and hurting German output in recent months. by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikePast Factory4 Sisters Take The Same Picture For 40 Years. Don’t Cry When You See The Last One!Past FactoryFilm OracleThey Drained Niagara Falls – Their Gruesome Find Will Keep You Up All NightFilm Oraclebonvoyaged.comThese Celebs Are Complete Jerks In Real Life.bonvoyaged.comDefinitionMost Embarrassing Mistakes Ever Made In HistoryDefinitionZen HeraldEllen Got A Little Too Personal With Blake Shelton, So He Said ThisZen HeraldPost FunA Coast Guard Spotted Movement On A Remote Island, Then Looked CloserPost FunDaily Funny40 Brilliant Life Hacks Nobody Told You AboutDaily FunnyHealthyGem20 Hair Shapes That Make A Man Over 60 Look 40HealthyGemMisterStoryWoman files for divorce after seeing this photoMisterStory The European Union yesterday halved its growth prediction for the German economy as it forecasted lower growth for the Eurozone as a whole, laying bare the extent of the bloc’s economic challenges before a leaders’ summit in Romania this week.Read more: ‘Wake-up call’: Germany downgrades 2019 growth forecast Read more: Eurozone business confidence crumbles as bosses grapple with uncertaintyHowever, Valdis Dombrovskis, vice-president for the euro at the European Commission, said that “robust domestic demand, steady employment gains and low financing costs” should help boost growth in 2020 if other risks do not materialise. whatsapp EU slashes its forecast for German growth as it predicts Eurozone slowdown Harry Robertson Tuesday 7 May 2019 2:16 pm Tags: Brexit Eurozonelast_img read more

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University of Alaska budget cut by $8 million in legislative compromise

first_imgShare this story: Education | Interior | Juneau | Southcentral | Southeast | State Government | University of AlaskaUniversity of Alaska budget cut by $8 million in legislative compromiseJune 22, 2017 by Tegan Hanlon, Alaska Dispatch News Share:The University of Alaska faces a softer blow than the nearly $22 million cut proposed by the state Senate. A Legislature conference committee on Wednesday cut the University’s budget $8 million. (Creative Commons photo by J. Stephen Conn/Flickr)The state Legislature’s conference committee cut $8 million from the University of Alaska’s budget on Wednesday, a softer blow than the nearly $22 million reduction proposed by the state Senate.The six-member committee approved the UA budget without discussion at the meeting early Wednesday evening. Under the approved UA operating budget, the university system will receive $317 million in state funding for 2017-18, down from the $325 million it got in the current fiscal year.In an email to students and staff earlier this month, UA President Jim Johnsen said an $8 million cut would “severely impact” UA services and would result in the total reduction of $61 million, or 16 percent, over the past four years.Johnsen is scheduled to discuss the impacts of the reduction with the UA Board of Regents on Thursday at a two-hour morning meeting. In a brief email to students and staff about the adopted $317 million budget Wednesday, he wrote, “While this isn’t the number we hoped for, given the state’s fiscal challenges and the real possibility of a much deeper cut I am relieved the Legislature has taken another step forward.”Johnsen wrote that the UA budget meant there would “most likely” be an operating budget for the new fiscal year, which starts July 1. That would allow the UA system to avoid issuing furloughs to employees as it awaited a budget.Rep. Paul Seaton, R-Homer, sits on the legislative conference committee and said in an interview Wednesday that the Legislature planned to inject money into the capital budget later this year for UA’s “major maintenance projects,” to make up for the $8 million cut. “That is the goal,” Seaton said.The largely Democratic Alaska House Majority, to which Seaton belongs, had advocated to give UA the same level of funding it received this year — $325 million.Asked about how the House and the Senate arrived at the $8 million cut, both Seaton and conference committee member Sen. Lyman Hoffman, D-Bethel, called it “a compromise.”“Obviously it was a compromise. It’s a number that the House and Senate agreed upon — that’s all,” said Hoffman, the sole Democrat in the Senate’s Republican-led majority.The conference committee is charged with resolving the difference between the Alaska House and Senate budget proposals and it’s expected to take up public school funding on Thursday.The Senate has proposed cutting public school spending by 5.7 percent, or $69 million, while the House has proposed keeping it at status quo.Both Hoffman and Seaton declined to comment on school spending negotiations.“I think we’ll be having that budget in the morning and so we should wait and get public adoption of the positions,” Seaton said. “I need to wait until it’s on the table at the conference committee.”Alaska Dispatch News reporter Nathaniel Herz contributed to this story.Editor’s note: This story has been republished with permission from the Alaska Dispatch News.last_img read more

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With ‘moral authority’ compromised during a pandemic, Anchorage mayor steps away

first_imgCoronavirus | Government | Local Government | Politics | SouthcentralWith ‘moral authority’ compromised during a pandemic, Anchorage mayor steps awayOctober 14, 2020 by Nathaniel Herz, Alaska Public Media Share:Anchorage Mayor Ethan Berkowitz at a COVID-19 news conference, March 12, 2020. (Photo by Hannah Lies/Alaska Public Media)Anchorage Mayor Ethan Berkowitz resigned Tuesday, a day after the mayor acknowledged what he described as a consensual, inappropriate messaging relationship with a television anchor.Berkowitz’s chief of staff, Jason Bockenstedt, made the announcement at Tuesday evening’s Assembly meeting, where members were set to consider a request to extend the mayor’s emergency powers to manage the COVID-19 pandemic.“It is with profound sadness and humility that I resign as the mayor of the municipality of Anchorage,” Bockenstedt read from the statement.“My resignation results from unacceptable personal conduct that has compromised my ability to perform my duties with the focus and trust that is required. I know my conduct has done great injury to my family, my staff, to municipal employees and to the people of our community, and for that I am deeply sorry.”Anchorage Mayor Ethan Berkowitz’s chief of staff, Jason Bockenstedt, at the Anchorage Assembly meeting on Tuesday, Oct. 13, 2020. Bockenstedt announced Berkowitz’s resignation at the meeting. (Jeff Chen/Alaska Public Media)Berkowitz’s resignation is effective Oct. 23 at 6 p.m., Bockenstedt said.The mayor’s decision leaves a leadership void in Alaska’s largest city as daily COVID-19 cases climb to record highs — and as Anchorage remains deeply divided over the measures Berkowitz’s administration has taken to fight the pandemic.In a vivid illustration of just how deep those divisions run, the audience at Tuesday’s meeting burst into boisterous cheers as Bockenstedt announced Berkowitz’s resignation. Many of those in attendance had gathered to oppose the extension of the mayor’s emergency powers, and their celebration interrupted Bockenstedt and prompted a rebuke from Assembly Chair Felix Rivera.“This needs to end,” Rivera said.People in the audience at the Anchorage Assembly meeting erupted into applause and cheers after Anchorage Mayor Ethan Berkowitz’s resignation was announced. (Jeff Chen/Alaska Public Media)The mayor’s resignation is the latest chapter in a scandal that unfolded over the last several days. It began Friday when Maria Athens, an anchor for a small Anchorage television station, posted allegations on her Facebook page that Berkowitz had shared inappropriate photos on an “underage girl’s website.”Athens then published a photo of a nude man, taken from behind, who she claimed was the mayor. After initially denying Athens’ allegations Friday, Berkowitz acknowledged in a statement late Monday that the two had carried on the messaging relationship.A few hours after that, a political blog, the Alaska Landmine, published a recording of a profanity-laced voicemail that Athens left Berkowitz Friday morning. In the voicemail, Athens threatened to kill Berkowitz and his wife and used anti-Semitic slurs.After learning of the allegations against the mayor, his executive team decided to create a “firewall” between Berkowitz and the rest of city government, Municipal Manager Bill Falsey said at Tuesday’s meeting.Falsey said he told the city police chief to proceed “by the book,” adding that a subsequent investigation by Anchorage police and the FBI found “no evidence of criminal conduct on the part of the mayor.”In its own statement Tuesday, the FBI said it found “no immediate evidence to support a violation of federal law; however, the FBI Anchorage Field Office continues to monitor the situation.”Anchorage city manager Bill Falsey at the Anchorage Assembly meeting on Tuesday. (Jeff Chen/Alaska Public Media)Falsey said top city officials discussed the situation and came to the conclusion that “it would be untenable for the mayor to continue in his role.”“The mayor independently arrived at the same conclusion,” Falsey said.Berkowitz was not in the Assembly meeting room Tuesday evening.Under Anchorage city code, the chair of the Assembly serves as acting mayor in the event of a vacancy.While Rivera currently holds that position, Assembly members said in interviews Tuesday that it’s likely the Assembly would reorganize if Berkowitz resigned, and the body could choose a different chair to serve as acting mayor.If the vacancy occurs more than 90 days before a regularly-scheduled election, a special election would need to be held. Since the regular election isn’t until April, that’s likely the case with Berkowitz’s resignation. But Rivera said he’s still waiting for a legal analysis to determine whether the Assembly must hold a special election.While some of Berkowitz’s critics called for his resignation earlier in the day, Assembly members had said they were more focused on Tuesday’s meeting and the question of the extension of the mayor’s emergency powers. But even in that context, it was clear that Berkowitz’s admission had complicated his ability to lead the city through the pandemic.Protesters gather outside of Anchorage Assembly Chambers on Tuesday. Some called for an end to the mayor’s emergency powers, some for his resignation and others for an end to coronavirus-related restrictions. (Jeff Chen/Alaska Public Media)The revelation of the mayor’s affair came at a delicate moment for Anchorage, with scores of stressed businesses, high unemployment and COVID-19 case counts at record highs heading into the winter season.Elected officials and political observers described the news as a painful distraction that would undercut the mayor’s leadership as he attempted to guide the city through the polarized politics of the pandemic.“It’s disappointing. I think it’ll hurt,” John Weddleton, one of the two Assembly members representing South Anchorage, said in an interview before Tuesday’s meeting. “You need a lot of moral authority to make decisions that are as hard as the closures and various mandates have been. This happened years ago, but still, it’s today’s news. And I think it weakens that authority a bit, when it was already a challenge.”In the lead-up to Tuesday’s meeting, Assembly members were fielding angry emails from constituents opposed to the extension of the mayor’s authority, many of which referenced his admission of the affair. One cited the fact that Berkowitz vehemently denied Athens’ allegations about the underage website on Friday only to admit to their messaging relationship three days later.“A man that would deny any portion of what was revealed by Maria Athens and then three days later reverse his statement, acknowledging his moral transgressions, cannot be trusted to sole govern our city. His judgment is poor,” wrote Kristen Bush. “He has zero plausible deniability and the public doesn’t trust him. It’s now obvious that he has weak character, questionable personal decisions and likely that inability to discern right from wrong seeps into his decisions as mayor.”People line up to provide public testimony at the Anchorage Assembly meeting on Tuesday. (Jeff Chen/Alaska Public Media)Bernadette Wilson, a prominent critic of the mayor who once hosted a radio show with him, told the Assembly Tuesday: “I would like to commend the mayor for stepping down, it was definitely a little awkward to be told to wear a mask by a guy who didn’t even wear pants.”In an interview, Wilson said she would continue to attend Assembly meetings to put pressure on the members to rescind coronavirus-related mandates. Protesters gathered outside of Assembly chambers Tuesday also called for an end to the mayor’s emergency powers, for the reopening of schools and for Berkowitz’s resignation.“The mayoral election will definitely be a huge pivotal point in this, but until then we’ll have to keep fighting one assembly meeting at a time,” Wilson said.In an interview the day before Berkowitz agreed to step down, left-leaning political consultant Jim Lottsfeldt said he thought the mayor’s resignation was inevitable. The public focus on Berkowitz’s conduct, Lottsfeldt said, would be too much to escape.“It will just grind the city to a halt. He’ll have to get out of the way,” Lottsfeldt said. “We have a full-time mayor. And I don’t think he can execute the job while juggling a chainsaw with his other hand — which is what this is going to be.”Alaska Public Media reporters Tegan Hanlon and Lex Treinen contributed to this report.Share this story:last_img read more

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Canaccord Genuity boss Paul Reynolds dies aged 52

first_img Show Comments ▼ by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailzenherald.comMeghan Markle Changed This Major Detail On Archies Birth Certificatezenherald.comMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity WeekComedyAbandoned Submarines Floating Around the WorldComedyForbesThese 10 Colleges Have Produced The Most Billionaire AlumniForbesEquity MirrorThey Drained Niagara Falls — They Weren’t Prepared For This Sickening DiscoveryEquity MirrorNoteableyKirstie Alley Is So Skinny Now And Looks Like A BarbieNoteableyOpulent ExpressHer Quadruplets Were Born Without A Hitch. Then Doctors Realized SomethingOpulent ExpressMoneyWise.com15 States Where Americans Don’t Want To Live AnymoreMoneyWise.com Tags: NULL The chief executive of Canaccord Genuity Group Paul Reynolds has died aged 52, while competing in a triathlon. Reynolds was in Hawaii at the time. He leaves behind a wife and four children.  Chairman David Kassie has taken on the additional role of chief executive with immediate effect.  Kassie added: “This is a difficult day for everyone at Canaccord Genuity. As the architect of our firm’s global transformation, Paul’s distinct style of partnership, friendship and respect over three decades of commitment is just part of the legacy he leaves us all. “On behalf of all employees and the board of directors, I extend our deepest condolences and support to Paul’s family and to the many people who came to know him as a colleague, mentor and friend.” Canaccord praised Reynolds as a “confident” leader who developed the business from “its roots as a Canadian brokerage through numerous initiatives and transactions to become a leading independent global investment bank”.  “The family would like to thank everyone who has sent emails offering support, comfort and prayers,” it said in a statement.  Share Thursday 2 April 2015 8:48 am Canaccord Genuity boss Paul Reynolds dies aged 52 whatsapp Catherine Neilan whatsapplast_img read more

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In Pictures: Dunamase College students return to school as numbers double

first_img By LaoisToday Reporter – 27th August 2018 WhatsApp TAGSDunamase College Five Laois monuments to receive almost €200,000 in government funding Twitter Twitter Pinterest Community Facebook Pinterest Home News Education In Pictures: Dunamase College students return to school as numbers double NewsEducation Council center_img In Pictures: Dunamase College students return to school as numbers double RELATED ARTICLESMORE FROM AUTHOR Portlaoise’s newest secondary school opened its doors to begin its second academic year this morning.Dunamase College is located in the centre of Portlaoise town on Railway Street and is strongly technology focused.Principal Aoife Elster revealed that the number of students in the school has now doubled to 80.She said: “It was great to see all of the new faces coming in the door and smiling this morning.“We have 80 students enrolled now between first and second years and we have four extra teachers as a result.”The Railway Street building is a temporary location for the next number of years until a permanent location is secured by the Department of Education.Principal Aoife Elster confirmed to LaoisToday that a number of sites in Portlaoise are currently being looked at.She said: “There has been no progress on this but we are hoping for news this year.“We are very happy with the state of the art building that we are in at present. Students and teachers are well set up here.”Our photographer Julie Anne Miller went along this morning and snapped the new students. Charlie Flanagan on Electric Picnic: ‘I’d ask organisers to consult with community leaders’ WhatsApp Previous articleGardai warn Electric Picnic fans to be cautious of fake ticketsNext articleSadness at the death of well-known Emo woman Anne Moore LaoisToday Reporter Community SEE ALSO – Stage times announced for Electric Picnic Facebook New Arles road opens but disquiet over who was invited to official openinglast_img read more

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The Week that Was: Our most read stories of the past seven days

first_img Twitter Electric Picnic 2 – 13 young players to watch out for in the Premier Intermediate and Intermediate hurling championshipsHere we have picked out one young player from 13 of the 16 clubs that we expect to feature this year.3 – Laois men appointed to key roles in An Post and Bank of IrelandTwo Laois men have been appointed to key roles in some of Ireland’s leading organisations in recent weeks.Eoin Lowry, from Ratheniska, who was previously Agri Business editor of the Irish Farmers Journal, has been appointed as the head of Bank of Ireland’s agricultural sector. His new role will focus on supporting existing and potential Bank of Ireland farming customers to scale and grow their businesses.4 – Coronavirus: One new death and 85 new Coronavirus cases with nine of these in LaoisOn Thursday, a high number of cases were reported and nine of them were in Laois.5 – Man arrested after €161,000 worth of cocaine seized in PortarlingtonGardaí have seized €161,000 worth of cocaine (pending analysis) and arrested a man following a discovery in Portarlington.The man, aged in his early 20s, was arrested following a search of a house in the Patrick Street area of Portarlington that was carried out on Saturday.6 – Square Bar looking to life after Covid – as new owner preparing to re-openMichael Scully, the new owner of the Square Bar in Portlaoise, says he is hoping to be open by the end of August as pubs prepare to adjust to life in the new Coronavirus world.The Ballyroan man purchased the popular premises almost two years ago from the Fitzpatrick family who had run it for a long number of years prior to that.7 – Ready for business – new Supermac’s at Portlaoise Plaza to open this Friday with 120 full and part-time jobsThe Portlaoise Plaza at Junction 17 on the M7 motorway at Togher opened on Friday, July 31, with 120 new jobs created.8 – Property Watch: Five homes currently for sale in Laois for around €350,000This week for Property Watch we look at five houses for sale in Laois for around €350,000.9 – Former Laois manager takes the reins at football club ahead of championshipSean Dempsey is set to be a very busy man over the next few months as he has taken charge of a second football club.10 – Government announce details of almost €400 million plan to reopen schools in AugustThe government announced details on how they plan to reopen schools in August.The plan, which will cost €370 million, was announced by Taoiseach Micheal Martin and Minister for Education Norma Foley. Electric Picnic organisers release statement following confirmation of new festival date Twitter Home We Are Laois The Week that Was: Our most read stories of the past seven… We Are Laois Facebook Facebook By LaoisToday Reporter – 1st August 2020 News WhatsApp The Week that Was: Our most read stories of the past seven dayscenter_img WhatsApp 1 – Laois business closes temporarily as staff member tests positive for CoronavirusA Portlaoise business announced they were closing for three weeks after a staff member tested positive for Coronavirus.Iris Hand and Foot Spa, which is located in Hynds Square in Portlaoise, have announced that they will be closed from Monday, July 27, until Monday, August 17. Previous articleReading during a pandemic – how your local Laois library can helpNext articleDiary of a Stuck at Home Mum: Father’s Day, getting to work and playdates LaoisToday Reporter Pinterest RELATED ARTICLESMORE FROM AUTHOR Bizarre situation as Ben Brennan breaks up Fianna Fáil-Fine Gael arrangement to take Graiguecullen-Portarlington vice-chair role Pinterest TAGSTop Stories Electric Picnic Laois Councillor ‘amazed’ at Electric Picnic decision to apply for later date for 2021 festival last_img read more

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Laois ladies footballers learn championship opponents as draw made for 2021 season

first_img Electric Picnic organisers release statement following confirmation of new festival date Previous articleIn Pictures: Laois secondary school holds annual awards dayNext articleJoe Mallon Motors Car of the Week: 201 Renault Megane from €73 per week Steven Millerhttp://www.laoistoday.ieSteven Miller is owner and managing editor of LaoisToday.ie. From Laois, Steven studied Journalism in DCU and has 14 years experience in the media, almost 10 of those in an editorial role. Husband of Emily, father of William and Lillian, he’s happiest when he’s telling stories or kicking a point. Twitter WhatsApp Facebook Home Sport GAA Laois ladies footballers learn championship opponents as draw made for 2021 season SportGAALadies Football Facebook By Steven Miller – 20th May 2021 Mary Sweeney elected Cathaoirleach of Portlaoise Municipal District for next 12 months RELATED ARTICLESMORE FROM AUTHOR Electric Picnic center_img Electric Picnic apply to Laois County Council for new date for this year’s festival Laois ladies footballers learn championship opponents as draw made for 2021 season WhatsApp Pinterest The Laois Ladies Football The Laois ladies footballers have been drawn alongside Roscommon and Kildare in the 2021 All Ireland championship.Because of the shortened season there is no provincial championship, with the counties instead playing in four groups in the All Ireland, the same as last year’s format.Last year’s beaten finalists and semi-finalists Westmeath, Clare and Roscommon were seeded and kept apart with the remaining teams drawn into the four groups.Laois were drawn in one of the groups with three teams – alongside a Roscommon side that reached last year’s All Ireland semi-final as well as a Kildare side that Laois beat in the group stages in 2020.Laois and Kildare face off in the opening round of the 2021 National League this weekend in Division 3.Laois were relegated from senior at the end of 2017 but won the Leinster intermediate title in 2018.They fared poorly in 2019 and only avoided relegation to junior – but improved last year with championship wins over Kildare and Sligo though a loss to Clare meant they failed to make it out of the group stages.They are once again under the management of former Laois footballer Donie Brennan.Group AWestmeathLongfordWexfordSligoGroup BClareFermanaghLeitrimGroup CRoscommonKildareLaoisGroup DOffalyDownLouth Electric Picnic Twitter Council Pinterestlast_img read more

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Delivering more school nurses for Tasmanian students

first_imgDelivering more school nurses for Tasmanian students Sarah Courtney,Minister for EducationThe Tasmanian Liberal Government recognises that education is the single most powerful driver for improving economic and social outcomes in Tasmania including health, life expectancy, happiness and productivity.During the election we committed $5.36 million to deliver more school nurses, and in line with our commitment in our first 100 Day Plan, advertising for an additional 11.4 FTE school health nurses will kick off tomorrow.These nurses have proven a huge success since they were introduced in 2015, by supporting student wellbeing and assisting with a range of issues including healthy eating, sleep, stress, anxiety and mental health issues.As the new Minister for Education, I am committed to continuing the significant investments already made in our students and to accelerating our efforts to improve education outcomes across the State.Today during my first school visit since becoming the Minister for Education, I spoke with students from Exeter High School and heard first-hand about the positive impact recent upgrades have made to their learning.Exeter High School is one of many that will further benefit from the Tasmanian Liberal Government’s $100 million school renewal program, which was also announced during the election campaign.The Government is hitting the ground running and delivering these important initiatives, and I look forward to meeting with more students and staff over the coming weeks as we work hard to secure their future. /Public Release. This material comes from the originating organization and may be of a point-in-time nature, edited for clarity, style and length. View in full here. Why?Well, unlike many news organisations, we have no sponsors, no corporate or ideological interests. We don’t put up a paywall – we believe in free access to information of public interest. Media ownership in Australia is one of the most concentrated in the world (Learn more). Since the trend of consolidation is and has historically been upward, fewer and fewer individuals or organizations control increasing shares of the mass media in our country. According to independent assessment, about 98% of the media sector is held by three conglomerates. This tendency is not only totally unacceptable, but also to a degree frightening). Learn more hereWe endeavour to provide the community with real-time access to true unfiltered news firsthand from primary sources. It is a bumpy road with all sorties of difficulties. We can only achieve this goal together. Our website is open to any citizen journalists and organizations who want to contribute, publish high-quality insights or send media releases to improve public access to impartial information. You and we have the right to know, learn, read, hear what and how we deem appropriate.Your support is greatly appreciated. All donations are kept completely private and confidential.Thank you in advance!Tags:AusPol, Australia, campaign, education, election, election campaign, Exeter, Government, happiness, life expectancy, mental health, Minister, outcomes, running, students, TAS, Tasmania, Tassie, wellbeinglast_img read more

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Driving By Numbers: Canada’s 10 best-selling vehicles in 2021’s first quarter

first_img2020’s spring collapse created pent-up demand, caused savings to accumulate, and opened up discretionary spending. Those factors came home to roost throughout much of the second half of 2020, but they were all the more evident in the first quarter of 2021.The result: huge Q1 sales figures from many of Canada’s best-selling vehicles. Setting aside the strong auto sales period of 2016 to 2019, the first quarter of 2021 was actually better than what the industry achieved in 2015, which at the time was a record year.Pickup truck sales? Very healthy. Compact SUVs, the biggest segment of all? Exploding. High-end luxury? Shooting through the roof. COMMENTSSHARE YOUR THOUGHTS 2. Ram pickup: 21,367, up 11 per centStellantis’s full-size truck, the Ram 1500 and its heavy duty siblings, are locked firmly in the No.2 position, with little danger of falling off the podium and virtually no chance of ascending the top of the podium. It’s not a bad place to be, not in an era of booming pickup truck demand. Full-size trucks now produce 22 per cent of all auto sales in Canada. The Ram pickup produces one-quarter of that 22 per cent.1. Ford F-Series: 30,238, up 6 per centRestricted availability as Ford transitions into a new F-150 hasn’t stopped the F-Series from easily securing top spot in Canada’s overall vehicle sales rankings (the F-Series has been No.1 since 2009). But it has limited the big Ford’s market share in the full-size truck sector, which dropped three points from last year to 36 per cent. Yet the F-Series remains a key indicator of the overall Canadian auto market: one out of every 13 vehicles sold in Canada is a full-size Ford pickup. RELATEDx4-1.jpg?w=400&h=260′);”>By The Numbers: How the Ford F-150 stacks up against its biggest rivals RELATED TAGS1500ChevroletCivicCorollaCR-VF-150FordGMCHondaHyundaiKonaNissanRamRAV4RogueSierraSilveradoToyotaFlexDriving By NumbersNew Vehiclesbest-sellingfirst quarter salesFlex We encourage all readers to share their views on our articles using Facebook commenting Visit our FAQ page for more information. Driving By Numbers: Canada’s 10 slowest sales starts in a booming first-quarter 2021Of course, the year-over-year comparison with 2020’s first-quarter – sales rose 16 per cent to just under 385,000 units – is largely invalid. The first quarter of 2020 ended with one of the most sudden economic halts in history. The second quarter of 2021 will reveal an even more striking year-over-year shift, as it wasn’t until April that the enormity of the auto industry’s demand disappearance became evident (only 47,000 vehicles were sold last April, down nearly 140,000 sales from April 2019).There are, however, top-selling vehicles that actually managed to produce even fewer sales in early 2021’s healthy market than in early 2020’s disastrous market. That’s right, they’re cars. Demand for passenger cars is even worse now than it was when the pandemic first took hold of the Canadian economy.FOR IN-DEPTH EV NEWS & ANALYSIS TUNE IN TO OUR PLUGGED-IN PODCASTRegardless of the category, however, demand is only part of the equation. Across swathes of the Canadian market, inventory remains problematic. In certain instances, the inventory crisis is escalating due to microchip shortages and what many believe will be a forthcoming rubber shortage, as well. It’s almost enough to make you wax nostalgic for the days of prowling grocery store aisles in search of toilet paper.Inventory constraints or not, Canada’s 10 most popular vehicles combined for more than 140,000 sales in 2021’s first-quarter. That’s better than one-third of the entire new vehicle market. It’s a group of four pickups, four crossovers, and two cars. Three are made in Canada. Seven different manufacturers are represented. All but one were present on this very same list a year ago; five maintained their position. As the Mazda CX-5, Hyundai Tucson, Hyundai Elantra, Jeep Grand Cherokee, and Jeep Wrangler stand on the outside looking in, these were Canada’s 10 best-selling vehicles in 2021’s first quarter.10. Hyundai Kona: 6,860, up 55 per centUp from 13th at this time last year, the Hyundai Kona is the only member of this best sellers group that wasn’t among the 10 leaders in the first-quarter of 2020. But Kona sales are booming — in fact, Kona sales exploded even during the deep, dark challenges of 2020. Sales jumped 56 per cent last summer, for example. The Kona is now solidly entrenched as Canada’s No.1 subcompact crossover.9. Toyota Corolla: 7,116, down 9 per centAlthough very nearly the top-selling car in Canada in the first-quarter of 2021, the Toyota Corolla nevertheless reported a quantifiable sales decline (the Corolla actually outsold the Civic during the month of March). The Corolla’s chances of finishing 2021 ahead of the Honda remain slim, however. Honda will pump out remaining 10th-gen Civics and then generate ample hype with an all-new 11th-gen Civic later this year. Yet for now, the Corolla certainly appears in with a shout, trailing the Civic by only 42 sales.8. Honda Civic: 7,158, down 21 per centTemporarily endangered by a dreadful first-quarter in which Civic sales fell nearly three times faster than the passenger car market at large, Honda’s 23-time best-seller is entering a heavier incentive phase with the aim of maintaining its crown. The Civic first became Canada’s top-selling car in 1998 but was last the overall top seller in 2008. At this point in 2020, the Civic ranked seventh overall.7. Nissan Rogue: 9,218, up 67 per centSurging forward from the 10th overall position in 2020’s first quarter to seventh in 2021, the Nissan Rogue proves just how important a generational changeover can be. From the Rogue’s peak of 43,418 sales in 2017, Canadian volume fell below 38,000 units just two years later. Only 25,998 Rogues were sold last year. The long-awaited much-needed new Rogue arrived at the tail end of 2020 and is wildly more competitive. It’s paying off.6. Honda CR-V: 11,533, up 26 per cent2020 was the first year in Canada in which the CR-V became Honda’s top seller. Now, only three months into 2021, the CR-V is outselling the No.2 Honda by a whopping 1.6-to-1 margin. This is the heart of the modern “car” market. The CR-V is dominating Honda showrooms, but it’s losing ground to Canada’s top-ranked SUV. Sales of the CR-V are growing; sales of the Toyota RAV4 are booming. Both are built in Canada.5. Chevrolet Silverado: 14,478, up 30 per centPickup trucks are a major component in a revitalized Canadian auto market. Or at least they would be if automakers could stock enough pickups to meet demand. In the first quarter of 2021, that hasn’t been as much of a problem for General Motors as it has for Ford and Ram. As a result, Silverado sales are up 30 per cent in a full-size truck sector where the competition is up just 6 per cent.4. Toyota RAV4: 15,665, up 45 per centFrom the fifth position a year ago, the Toyota RAV4 motored into the top four in 2021 thanks to a 45-per-cent year-over-year sales increase valued at nearly 5,000 additional sales. The RAV4’s broad model range does Toyota big favours: the hybrid and plug-in hybrid are big hits, as well, especially since there’s such a bizarre dearth of competition for green vehicles in Canada’s most popular segment.3. GMC Sierra: 16,670, up 41 per centCombined, GMC’s Sierra and its Chevrolet Silverado sibling actually combined to outsell the top-ranked vehicle in the country in 2021’s first quarter. It was a narrow margin; fewer than 1,000 units. But that’s a major shift. It speaks volumes about GM’s market share in the full-size truck sector. At this point last year, GM owned 31 per cent of Canada’s full-size pickup market. That figure now stands at 37 per cent. last_img read more

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Government To Assist Homeowners Who Lost Homes From West Kingston Operations

first_imgFacebookTwitterWhatsAppEmail Prime Minister Bruce Golding said that Government was moving to assist persons who lost their homes as a result of last month’s West Kingston security initiative.Speaking in Parliament on June 22, the Prime Minister said that Government was making efforts to see how persons who were “unavoidably and inescapably affected by the operations” can be assisted.Mr. Golding said that the Ministry of Water and Housing confirmed that seven houses were completely destroyed and that the Social Development Commission (SDC) had completed a survey of persons who were affected and their needs. RelatedGovernment To Assist Homeowners Who Lost Homes From West Kingston Operations RelatedGovernment To Assist Homeowners Who Lost Homes From West Kingston Operations Government To Assist Homeowners Who Lost Homes From West Kingston Operations Local GovernmentJune 24, 2010center_img Advertisements RelatedGovernment To Assist Homeowners Who Lost Homes From West Kingston Operationslast_img read more

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