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U.S. coal consumption ‘will be crushed in 2020’—Moody’s

first_img FacebookTwitterLinkedInEmailPrint分享Bloomberg:Earnings for North American coal miners may plunge by more than half this year as the coronavirus pandemic makes a weak market even worse, according to Moody’s Investors Service.“Coal consumption will be crushed in 2020,” analysts led by Benjamin Nelson wrote in a report Sunday. “We expect a sharp and sustained slowdown in economic activity will result in lower economic growth, reduced demand for electricity and reduced demand for steel.”Earnings before interest, taxes, depreciation and amortization will slide by more than 50% in 2020, with thermal coal production down more than 25%, according to the report. The ratings company has had a negative outlook on the industry since August.Already facing an inexorable decline as utilities shift away from the dirtiest fossil fuel, Moody’s said the struggling coal industry won’t be able to count on help from Washington “as the U.S. government directs financing toward industries more likely to rebound as the crisis eases.”While some analysts including the U.S. Energy Information Administration have predicted a rebound in coal demand next year driven by rising natural gas prices, Moody’s is expecting a different scenario.“We expect prices for natural gas, perhaps coal’s biggest competitor in North American power generation, to remain low through the early 2020s,” according to the report. “Persistently low natural gas prices will undercut the EIA’s expectations.”[Will Wade]More: Coal earnings set to plunge 50% in North America, Moody’s says U.S. coal consumption ‘will be crushed in 2020’—Moody’slast_img read more

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Nicaragua Proposes Ecological Battalion To Protect Natural Reserves

first_imgBy Dialogo March 01, 2010 The Nicaraguan army plans to form an ecological battalion this year, with five hundred soldiers to watch over natural reserves and forests with support from people’s brigades, a military source announced. “This battalion’s mission will be to watch over protected areas like the Bosawas and Indio Maíz biospheres,” both located in the Caribbean region of Nicaragua, as well as forests and the environment, the army’s head of Civil Defense, Gen. Oscar Perezcassar, told AFP. In the 19,926-square-kilometer Bosawas reserve, there are almost no guards, due to the lack of human and financial resources. The battalion is an army initiative that received the support of President Daniel Ortega, although funds still need to be obtained in order to begin the organization process and the training of the soldiers who will make up the force. Civil Defense also expects that this initiative will serve to support the ecological activities of the Environment and Natural Resources Ministry (Marena), the military commander affirmed.last_img read more

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Central Islip Man Charged With DWI in Crash With Cop

first_imgSign up for our COVID-19 newsletter to stay up-to-date on the latest coronavirus news throughout New York Salvatore DistefanoA Suffolk County police officer helping investigate a fatal car crash was injured when an alleged drunken driver rear-ended his patrol car in Patchogue on Sunday evening, authorities said.The highway patrolman was at the scene of a crash that killed a 22-year-old driver on Sunrise Highway earlier the same day when Salvatore Distefano crashed his Chrysler into the cop car at 7:12 p.m., police said.Police Officer Brian Smales had parked his car, with emergency lights activated, on the right shoulder of the express portion of the road in an attempt to make the scene safe for the search, police said.Smales was airlifted to Stony Brook University Hospital where he was treated for head, neck, back and leg injuries.Distefano was taken to Brookhaven Memorial Hospital Medical Center in East Patchogue where he was treated for facial lacerations.The 29-year-old Central Islip man was arrested and charged with driving while intoxicated, assault and violating New York State’s “Move Over Law” that requires drivers slow down and change lanes to safely pass an emergency vehicle stopped on the side of the road.He will be arraigned Monday at First District Court in Central Islip.Smales was at the scene of the crash that claimed the life of Colin Garrett of Patchogue and injured two of his passengers at 1:32 a.m. Sunday, police said.Vehicular Crimes Unit detectives ask anyone with information regarding this crash involving Distefano to call them at 631-852-6295.last_img read more

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15 ways to save time in your credit union and at home for 2015

first_img 22SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr,Neen James Think force of nature. Boundless energy. Timely topics. Laugh out loud fun. Eye opening ideas. Take-aways that ACTUALLY create positive change.  Sound like what YOU’RE looking for? Then Motivational … Web: Details We are all busy. Busy is not productive.This year let’s choose to make our professional (and personal) lives more productive by saving time wherever we can!Want to see these ideas on video, watch our video (it’s about 9 minutes long) – click here.Say No – No is a complete sentence. Try it out. Say it nicely. Practice this at home and in social situations. Make more room to say ‘yes’ to things that really matter.Invest 15 minutes – invest 15 minutes in a strategic appointment with yourself each day (see our previous article for more ideas on how to conquer the world in 15 minutes) today and choose your three not negotiable activities for today to get you closer to your Credit Union goals.Unsubscribe – get off mailing list, stop catalogs and junk mail and unsubscribe from things that clutter your life in the Credit Union and at home.Eliminate Clutter – get organized. Spend 15 minutes in each clutter section, organize and move on. Hire someone if you need to. Professional organizers are not a luxury – you will feel lighter when life is organized. Look at your desk, is this the image you want members to have of you when they come in to visit you? Get organized today.Play a game with time – set the timer on your phone and play a game to see how much you can achieve before the timer goes off! This is great for clearing emails, making outbound calls and reviewing documents.Call instead of email – it’s so much quicker to often pick up the phone, leave a voicemail or talk to a real person. No one uses the phone anymore, be the person who makes an impact with the sound of your voice and achieve so much more rather than be another email in someone’s inbox to create a more personal touch with your members.Limit social media – do a social media drive-by (we do it while drinking my morning coffee) –check out all social media platforms for 15 minutes and feels great!Listen and learn – Play podcasts while you get ready in the morning, drive to your Credit Union or while you are working out. Great way to keep informed on our industry and invest in your personal development.Have the news read to you – we love the app Unamo for a real live person to read up to date news – check it out. You can set up lists to say ahead of news and trends.Get it delivered – Amazon delivers almost anything. Find out if your local dry cleaners, grocery store – find services to save you time in your personal life so you feel more organized.Barter time – trade your time for others. Share car pools for your kid’s sport, trade a spreadsheet for a PowerPoint presentation with someone on the team – your talent for time.Group everything – if you are running errands group them together, in your home place like itemed things together, put your keys in the same place every time (in your handbag or your home). In the branch make sure supplies and documents are all located in a central area for easy access for the team.Halve meetings – start immediately – instead of 60 minutes, choose 30 minutes – voila – save time! Your team will thank you for it and it gives you more valuable time to concentrate on members.Restrict screen time – commit to those around you that you will limit your attachment to your cell phone time. Focus on the team member or your member that is sitting in front of you. They will thank you and you will be more engaged.Get the app – there is an app for everything. Find the ones you love. We like Noteshelf for note taking, Evernote as a collating system for all our ideas and notes, Cozi for shopping and Pzzizz for power napping. What’s your favorite app?What ideas would you add to save in your Credit Union this year? We’d love to hear from you.last_img read more

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Indonesia could lose coal buyers over regulation mandating use of local ships: APBI

first_imgIndonesian coal miners may lose buyers because of a regulation that requires coal exporters to only use domestic shipping companies and insurance services, experts have warned.The head of the marketing and logistics department at the Indonesian Coal Mining Association (APBI) Hendri Tan said that many overseas buyers would choose to import coal from other countries because of the shipping policy, which will take effect in May, this year.“Some of our buyers told us they would buy coal from other countries,” Hendri said in Jakarta on Feb. 20. Most of Indonesia’s coal exports are based on Free on Board (FoB), in which the buyers are responsible for shipping and insurance costs. According to Hendri, many importers feared the lack of Indonesian ships would hamper the transportation of coal to their countries.In addition, Indonesia has few ships that meet international shipping standards to ship coal overseas, he said.“If the regulation is enforced without any exceptions, then our exports could fall 99 or even 100 percent,” Hendri told The Jakarta Post.The absence of technical instructions for the regulation and a lack of clarity about how the regulation is to implemented has created more uncertainty for both coal producers and importers, the APBI argued.  The regulation, which requires coal exporters to transport coal using Indonesian flagged ships, was initially set to take effect in April 2018 but Energy and Mineral Resources Ministerial Regulation No.80/2018 delayed the implementation until May 2020.According to data compiled by the APBI, the total deadweight tonnage (DWT) of all national-flagged bulk carriers is only 3.5 million metric tons. Meanwhile, Indonesia’s exports reach between 35 and 38 million tons of t coal per month.A total of 78 out of 109 locally owned bulk carriers are also more than 15 years old, meaning they are unable to dock in countries that have strict standards on the age of vessels, the APBI’s document reads.“Importers such as Japan will not accept our ships because they are too old and unsafe. We also usually use Panamax (mid-sized cargo ships) for long hauls, and only 18 Panamax are owned by local companies,” said APBI member Tulus Sebastian Situmeang.The association’s secretary-general Hendra Sinadia said he hoped the government would withhold the regulation’s implementation, as stakeholders were wary of the uncertainty. (mpr)Topics :last_img read more

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Leeds United star Ezgjan Alioski taunts Arsenal and Manchester United ahead of FA Cup clash

first_img PLAY by Metro Manchester United captain Harry Maguire Mikel Arteta’s Arsenal face Leeds United in the FA Cup (Picture: Getty)Championship leaders Leeds United are more than capable of beating struggling Premier League giants Arsenal and Manchester United, according to winger Ezgjan Alioski.Marcelo Bielsa’s in-form Leeds travel to the Emirates on Monday evening to face Arsenal in the third round of the FA Cup.The Gunners are currently just tenth in the Premier League with six wins from 21 matches but have looked revitalised under new manager Mikel Arteta and beat Manchester United last time out. Arsenal v Leeds: Mikel Arteta press conferenceTo view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video Play VideoLoaded: 0%0:00Progress: 0%PlayMuteCurrent Time 0:00/Duration Time 10:39FullscreenArsenal v Leeds: Mikel Arteta press conference is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window.‘If we are in the Premier League, Leeds are going to be one of the biggest clubs, like I know they were before.’Leeds are on course to secure their long-awaited return to the Premier League, losing just four times this season to move nine points clear of third-placed Brentford in the Championship.New Arsenal boss Arteta won the FA Cup as captain of the Gunners and hopes his team become ‘addicted’ to challenging for trophies.More: FootballBruno Fernandes responds to Man Utd bust-up rumours with Ole Gunnar SolskjaerNew Manchester United signing Facundo Pellistri responds to Edinson Cavani praiseArsenal flop Denis Suarez delivers verdict on Thomas Partey and Lucas Torreira moves‘When I arrived here [as a player] we were trying to fight for the Premier League and we didn’t quite have the level to do that,’ the former Manchester City coach said.‘The cups became very important. This club had a massive history with that but it was eight years without winning anything so for us to lift that first FA Cup was a massive relief, to get the club fighting again.‘That habit of winning, winning, winning — after you win you don’t want to stop and you become addicts. That is what we have to implement.’MORE: Mikel Arteta sends warning to Arsenal players ahead of FA Cup clash with Leeds UnitedMORE: Manchester United considering January move for Tottenham midfielder Harry Winks Coming Next Looking ahead to Leeds’ trip to north London, the 27-year-old winger said: ‘It’s a nice stadium, it’s a big club, but it’s not so special to go there because it’s Arsenal.‘You have some players who think like this, but it’s not enough to think “Wow, it’s Arsenal”, because we are also a good team and we want to show it.More: FootballRio Ferdinand urges Ole Gunnar Solskjaer to drop Manchester United starChelsea defender Fikayo Tomori reveals why he made U-turn over transfer deadline day moveMikel Arteta rates Thomas Partey’s chances of making his Arsenal debut vs Man City‘We need to go there with a lot of confidence like we always do and to play like we always do. Not to be scared to go there.‘I see the result versus Manchester United, but this United, even we can beat them. This is a cup, it’s different.‘The difference is that they’re [Arsenal] in the Premier League, we are in the Championship, and it’s nice to go there and show them who is Leeds. Metro Sport ReporterMonday 6 Jan 2020 9:19 amShare this article via facebookShare this article via twitterShare this article via messengerShare this with Share this article via emailShare this article via flipboardCopy link470Shares About Connatix V67539 Skip Ad 1/1 Read More Full Screen Read More Read More Video Settingscenter_img / Ezgjan Alioski insists Leeds are capable of beating Manchester United (Picture: Getty)But despite Arsenal’s impressive victory, Leeds will have no fear at the Emirates on Monday as they too are capable of beating this current United team, says Alioski.AdvertisementAdvertisementADVERTISEMENT 1 min. story Leeds United star Ezgjan Alioski taunts Arsenal and Manchester United ahead of FA Cup clash SPONSORED Comment Advertisement Read More Read More Rio Ferdinand tells Ole Gunnar Solskjaer to drop struggling Skip Visit Advertiser website GO TO PAGE Top articles Advertisementlast_img read more

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Seaside splendour meets laid-back luxe

first_imgHigh ceilings create large living spaces. Luxurious yet simplistic.More from news02:37Purchasers snap up every residence in the $40 million Siarn Palm Beach North1 hour ago02:37International architect Desmond Brooks selling luxury beach villa21 hours agoFrench oak timber flooring, Victorian-ash stairwell, porcelain tiles and wool carpets add a luxurious enhancement to simplistic beach-house elements. The house was constructed four years ago by its vendors, a local couple, who also added in a sparkling pool, overlooked by an entertainment deck and perfectly manicured gardens. The property listing outlines the residence’s “excellence in design with strong visual appeal”.It is described as being “stunning in style and refined in design”. One bathroom features a skylight. 34 Tamborine St, Mermaid Beach is listed for $1.89 million.SET just 200m back from the shorefront of Mermaid Beach, the seaside getaway is set apart from other beach-house style residences by its finetuned finish. Soaring ceilings the shade of bleached white sand complement a muted palette, while a skylight in one bathroom allows the natural light to filter through. The residence sits on 405sq m.The property also features plenty of storage, solar panels and optimised security installations, including CCTV.Its exterior presents as a crisp, Hamptons style abode with neutral colours for a timeless feel, and is a stand out on the beachside street.Property data shows the median house price for Mermaid Beach has boomed over five years, increasing by 64.3 per cent.More than 18 properties were snapped up in the suburb in the past month.last_img read more

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Developers move away from units and apartments in the Sunshine State

first_imgCOOLING OFF: The number of apartments in the planning phase has crashed across Queensland.THE total value of apartment and unit constructions across Queensland in the planning phase has dropped to less than a third of what they were one year ago.Data from CoreLogic’s Cordell Construction Monthly show that although the construction sector has grown, the number of new apartments and units in the planning phase had declined.Across the state there were 52 apartment and unit developments in the new project phase with a combined construction value of $450 million last month, compared to 76 projects with a construction value of $1.5 billion just a year before.Commercial research analyst at CoreLogic Eliza Owen said it was no surprise that planned projects had appeared to cool down.“The new project phase is very responsive to market conditions,” Ms Owen said.She said changes in the market like increased scrutiny on risky lending from the Australian Prudential Regulatory Authority could have had a big impact.“I think developer activity is responding to perceived risk,” she said.More from newsParks and wildlife the new lust-haves post coronavirus19 hours agoNoosa’s best beachfront penthouse is about to hit the market19 hours ago“If they are expecting certain investor loans to decline then they are less likely to develop the same amount of apartments.”14 Of the 52 Queensland apartment and unit projects currently in the new project phase were in Brisbane and four were in Logan.Apartment and unit investors have had a tough 12 months across Brisbane, with values stagnant or even dropping in many inner city neighbourhoods.Although planned construction of new apartments appears to be cooling in Queensland there was still a lot of new construction projects planned across Australia.The total number of new projects recorded by CoreLogic across Australia over March was 1707, a jump of four per cent in just a month.Civil engineering made up 35 per cent of these planned projects, and apartment and units accounted for 27 per cent.last_img read more

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Parents ‘should drink alcohol less in front of their children’

first_imgThe Independent 10 Dec 2012Parents should drink less in front of their children if they want to prevent their offspring becoming binge drinkers, a new report suggests today.The authors of research by the think-tank Demos said it was “not enough” for parents to wait until their children were in bed before opening the bottle, because their interviews suggested “children are more aware than they are often given credit for.”They added: “Nor does this mean that parents can never drink in the presence of their children. But it does mean that parents should bear in mind how frequently they are drinking – particularly in front of their children.”The two-year study, Feeling the Effects, studied the lives of 17,000 in Birth Cohort Study and in-depth interviews with 50 families where there was at least one problem drinkers.Parents with high alcohol consumption were less likely to practise the “tough love” type of parenting which best stops children developing traits associated with excessive drinking, the authors, Jonathan Birdwell, Emma Vandore and Bryanna Hahn, said.They found that teenagers who perceived their mother to drink “always” were almost two times more likely to drink hazardously themselves as adults than those who reported that their mother drank “sometimes”. read more

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How the Garissa Attack Unfolded

first_imgRelated Talk Africa: After Garissa Attack CCTV’s Clementine Logan talks us through the details of the Garissa Attack Garissa Attack: Many students still missing Kenya names the mastermind of Garissa attacklast_img

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