Seven coaches of the Jabalpur-bound Shaktipunj Express derailed on Thursday in Sonbhadra district of Uttar Pradesh, a railway official said.“The accident occurred at around 6:25 am and we have already cleared out the site,” railway ministry spokesperson Anil Saxena said.“All passengers were put on the remaining coaches and by 7:28 AM all of them had left the spot. All of them are safe and no one was injured in the accident,” he said.The train was running at a speed of about 40 km/hr which, officials say, prevented any injuries when the incident occurred.This is the third such derailment in the State in less than a month.On August 19, the Utkal Express had derailed in Muzaffarnagar district, killing 22 people and injuring 156.About 100 passengers were wounded when 10 coaches of Kaifiyat Express train derailed after crashing into a dumper which strayed on to the tracks in Auraiya district on August 23.
TAMPA, FL – JANUARY 09: Head coach Nick Saban of the Alabama Crimson Tide speaks during a press conference after the Clemson Tigers defeated the Alabama Crimson Tide 35-31 in the 2017 College Football Playoff National Championship Game at Raymond James Stadium on January 9, 2017 in Tampa, Florida. (Photo by Brian Blanco/Getty Images)Former Michigan State wide receiver Plaxico Burress rang in the new year with a shot at the integrity of his former college coach Nick Saban. Today, the former NFL star again took to Twitter to rip Saban. His mini-rant came after Saban made comments this morning at SEC Media Days suggesting some Alabama players played not to get hurt in their Sugar Bowl loss because they were distracted by their NFL Draft status. I recall Nick Saban telling me to stay in school finish what I started, I wasnt 1st round pick and he left for LSU b4 the season was over— Plaxico Burress (@plaxicoburress) July 15, 2015Now Nick Saban goes on tv saying that kids are distracted by NFL projections. Well, the kids are just chasing a dream that you were. $$$— Plaxico Burress (@plaxicoburress) July 15, 2015N Saban looked his players in the face at the Duf, said he wasnt leavin, I’m committed to the program” and was gone the next day. Tru story— Plaxico Burress (@plaxicoburress) July 15, 2015Now Nick Saban players are being distracted by the NFL and chasing a dream, haha tell your story Nick. LSU showed you $$, you was GONE! Ha— Plaxico Burress (@plaxicoburress) July 15, 2015Nick Saban actually told me I was a second round pick. I said, “where are you getting your info from? Are you watching these games? Hahaha— Plaxico Burress (@plaxicoburress) July 15, 2015 Well, still doesn’t look like Plax and Nick will be sharing dinner or drinks any time soon.
ESPN.ESPN’s SportsCenter made quite an error in their broadcast of Notre Dame cornerback Devin Butler’s arrest last night.First, Butler was arrested yesterday on preliminary felony charges of battery to law enforcement and resisting arrest. Then, when reporting the arrest on Saturday night’s SportsCenter, ESPN managed to confuse Butler with Phoenix Suns guard Devin Booker. They very clearly selected the wrong photo for the broadcast.The hiccup definitely didn’t go unnoticed by viewers. Social media lit up, calling out the station for the error..@SportsCenter whoops. @DevinBook pic.twitter.com/sHKYdf1ybT— JTrain (@purplePHXorange) August 21, 2016When they realized the mistake, SportsCenter issued an apology. Anchor Zuban Memento read the statement after the commercial break.You can watch it below:@DevinBook @espn @SportsCenter pic.twitter.com/uAJAgVOWF4— JTrain (@purplePHXorange) August 21, 2016The transcription of his apology is below:“We are back on SportsCenter, and an apology we’d like to make. When reporting on a story earlier this hour on Notre Dame cornerback Devin Butler, we accidentally used a photo of the Phoenix Suns’ Devin Booker. We all here at SportsCenter do sincerely apologize for that mistake.”Butler has since been indefinitely suspended by Notre Dame’s football program.
If you’ve come here during a penalty shootout, scroll down for some cool charts. The next several paragraphs explain our methodology in some detail.FiveThirtyEight has some credibility staked on the performance of the Brazilian national team. It was our pretournament favorite to win the World Cup. (Many other forecasts had Brazil favored, but not as heavily as we did.) So, like the 23 Brazilians on the pitch and the 200 million watching at home, we were sweating the outcome when Brazil went to a penalty shootout with Chile on Saturday.We were curious about the Brazilians’ chances of winning at various points in the shootout. How safe were they after Brazil’s David Luiz made his first penalty and Chile’s Mauricio Pinilla missed his? How close did things get after the shootout was tied at 2-2, and how bad would it have been if Neymar had then missed for Brazil?What follows is a series of charts to provide some reasonable estimates of these probabilities. We’ll start with the case in which both teams are assumed to be equally likely to convert penalty kicks, and then explore alternatives where one team (perhaps like Brazil against Chile) might be thought to have a marginal edge.There’s a cottage industry around predicting the outcome of penalty kicks. Some theories are worth exploring. There’s some evidence, for example, that whichever team shoots first has a slight advantage. Others are probably more dubious and may rely on overinterpreting evidence from small sample sizes (see Phil Birnbaum’s cautionary note for more on this).Our goal is not to litigate those theories. Instead, we make some simple assumptions: that the outcome of one penalty kick is independent from the next one, and that a team’s chances of making a penalty is consistent with long-run averages.In the history of the World Cup, teams have made 71.5 percent of their penalty-shootout kicks. But the sample size is not huge, and the percentage has been slightly higher — closer to 75 percent — in other major international tournaments like the European Championships. So we fudge just a pinch upward and assume that the long-run rate of made penalties in the World Cup is 72.5 percent.It’s important to clarify that this percentage pertains to penalty kicks attempted during shootouts. The success rate is higher — in the range of 75 to 80 percent — for penalties attempted after a foul is called in the box in regulation play. But those cases are a little different. A team will usually designate its best penalty taker to make the one attempt instead of having to rotate through at least five players as in a shootout. (If Neymar or Lionel Messi got to make every attempt, the success rate in shootouts would rise.) Furthermore, the rebound is live in penalties attempted during regulation play; rebounds are not live during a shootout. (Even if goals scored on the rebound are not counted as penalty-kick conversions, the possibility of a rebound may affect the strategy of the kick taker and the goalkeeper.) Finally, players may be under more pressure during a shootout, and they’ll have the opportunity to alter their behavior after observing their teammates’ kicks.So to repeat: Our initial assumption is simply that each penalty kick has a 72.5 percent chance of being made. From there, calculating the probability of a team winning the shootout is fairly straightforward given any condition of the game (for instance, a team being ahead 2-1 after each team has attempted three penalties). The technique we’re applying is technically known as a Markov chain, but that makes it sound more elaborate than it is.Time for the first chart. This assumes two-evenly matched teams, which we’ll call Team A and Team B. Team A shoots first.You can follow the action by moving down one row after every penalty-kick attempt. Whenever Team A makes a penalty, move down and to the left. Whenever Team B does, move down and to the right. When there’s a miss, move straight down (don’t alter your horizontal direction). A cell tinged in blue means that Team A is favored to win the shootout, and one tinged in red means that Team B is favored instead.As an example, we’ll take the shootout in the 1994 World Cup final between Italy (the Azzurri shot first, so they are Team A, in blue) and Brazil (Team B, in red). The teams were about evenly matched, so we’ll assume that the probability was 50-50 going in. Here’s what happened next: Italy’s first kick. An errant attempt by Franco Baresi, which sails over the crossbar. Move due south on the chart. Brazil — Team B, in red — is now a 70 percent favorite.Brazil’s first kick. But Brazil’s Márcio Santos misses, too! Terrific anticipation by Italian goalkeeper Gianluca Pagliuca. Move straight down again: we’re back to 50-50.Italy’s second kick. Italy’s Demetrio Albertini makes his penalty. Move down and to the left. Italy, up 1-0, is a 58 percent favorite.Brazil’s second kick. Romário notches a kick off the left crossbar. Move down and right. We’re tied 1-1, and the probabilities are at 50-50 again.Italy’s third kick. Brazil goalkeeper Claudio Taffarel guesses the right direction — but is much too late to stop Italy’s Alberigo Evani. Move down and to the left. Italy is ahead 2-1 and has a 59 percent chance of winning.Brazil’s third kick. Brazil’s Branco equalizes. Down and to the right. Back to 50-50.Italy’s fourth kick. This was the pivotal penalty — it affected the odds more than any other kick (including Roberto Baggio’s infamous miss later on). Taffarel anticipates Daniele Massaro’s kick and makes one of the easier-looking saves you’ll see in a shootout. Move straight down. Although the score is tied 2-2, Brazil has an attempt in hand and is a 79 percent favorite to win.Brazil’s fourth kick. Dunga’s penalty is low and to the middle — and by Baresi. Brazil up 3-2. Look down and right on the chart: The team’s now 90 percent to win the shootout.Italy’s fifth kick. Italian star Baggio gets far too much on his attempt and it goes well over the crossbar. The Brazilian reserves rush the pitch to celebrate their World Cup championship. Presumably, you’re either celebrating too or throwing things at the television screen — either way, hope you saved that bottle of grappa. But, if you insist, move straight down the chart. You’ll encounter a solid block B — in this case, representing Brazil. This is an end condition: The penalty shootout is over, and Brazil has won.Here’s the chart with the Italy-Brazil results filled in:Sometimes the shootout can persist for more than five kicks per team. For example, one shootout in the 2006 Africa Cup of Nations featured 23 consecutive made penalties before Cameroon’s Samuel Eto’o finally missed to hand Ivory Coast advancement. When this occurs, follow the loop in the chart. The situation when teams are tied after five kicks is mathematically identical to the one when they’re tied after six kicks, 12 kicks, 20 kicks or any other number.On other occasions, there may be reason to think that one team starts the shootout with an advantage. Maybe it has a better goalkeeper, or its opponent is England, or you buy the theory that the team that shoots first has an edge. There’s also some evidence that the better team based on overall measures of team quality (such as Elo ratings or the Soccer Power Index) may have some minor advantage in the shootout. Shootouts are mostly random but not entirely so.Take the case in which Team A shoots first and is the better penalty-shooting team, converting 75 percent of its penalty kicks — while Team B makes 70 percent. Team A will win the shootout about 58 percent of the time. This resembles the shootout between Brazil and Chile on Saturday: Live betting odds, before the first penalty was attempted, put Brazil’s chance of winning in the range of 55 to 60 percent. Here is the chart for that occasion:We won’t give you a complete walkthrough, but Brazil’s odds rose to 83 percent after Luiz’s make and Pinilla’s miss — and then further, to 91 percent, after Marcelo put Brazil ahead 2-0. But consecutive makes by Chile and a miss by Hulk brought Brazil’s odds down to 56 percent. Neymar made Brazil’s fifth penalty, and the team’s odds recovered to 69 percent — and Brazil won when Chile’s Gonzalo Jara hit the post. Had Neymar missed instead, Chile would have been the 83 percent favorite.Finally, here’s the case where the side that shoots second — Team B — has a slight edge and makes 75 percent of its penalties to Team A’s 70 percent.Note that Team B’s advantage amounts to the equivalent of about half a kick. If Team A makes its first penalty, and Team B still has an attempt in hand, the odds go to about 50-50. But if Team A misses, Team B’s odds rise to 77 percent despite not having yet made an attempt.
Cristiano Ronaldo’s shock move to Juventus has left many people baffled, in light of everything he has achieved at Real Madrid, but Kaka believes the success he has enjoyed over the years is what has prompted him to make the brave move away in order to remain motivatedThe five-time Ballon d’Or winner will be unveiled as a Juventus player later today following a glorious nine-year spell at Real, that had seen him win four Champions League titles and score 450 goals in just 438 games.Leaving one’s comfort zone for the unknown is something that many people choose to avoid in their lifetimes.But for someone like Ronaldo, who constantly looks for ways to better himself, it is just another way of pursuing their ultimate goal of becoming the best of all time.And Kaka has backed the Portuguese star and feels that now is the right time for Ronaldo to try something new at this stage of his career.“I think Cristiano is a very experienced player now, 33 years old so he knows and understands the situation very well,” said the Brazilian, according to Goal.“This decision to move from Madrid to Juventus, it’s a very conscious decision. He knows [it’s] time to move.“[He’s probably thinking] I achieved everything I could with Real Madrid and now it’s time to do something different to keep motivated.Fiorentina owner: “Ribery played better than Ronaldo!” Andrew Smyth – September 14, 2019 Fiorentina owner Rocco Commisso was left gushing over Franck Ribery’s performance against Juventus, which he rates above that of even Cristiano Ronaldo’s.“That’s what moved him to accept the offer from Juve to change from Real Madrid to the Italian team.”While spending €112m for a 33-year-old seems rather risky, Kaka feels that it is a good investment for Juventus.When asked if the Serie A giants will be getting one of football’s greatest-ever plays, he replied: “I think so. Ronaldo, with his numbers, says that.“Everybody who had the privilege to watch him play… in my case, I had the privilege of training with him every day for four years.“I saw how professional he is, how strong he is, how motivated he is, how strong in his mind he is, and [can] see that he still wants to get to a different level.“I think Ronaldo will be remembered as one of the best players in the world.”Ronaldo has arrived for his medical at Juventus and will be holding his first press conference, since the announcement last week, later today.
Senegal international Moussa Wague has completed his transfer to BarcelonaAt just 19 years old, Wague proved to be one of Senegal’s star players at the World Cup this summer and scored for Aliou Cisse’s side in the 2-2 draw with Japan to become the youngest African goalscorer in finals’ history.Now Football-Espana have reported that Wague has completed a €5m move from Belgian club Eupen after agreeing on a long-term contract that will include a buy-out clause of €100m.Ernesto Valverde has decided to go ahead with a deal for the young full-back due to his plans to put Sergi Roberto into a central midfielder role for the upcoming season, while ensuring that his replacement Nelson Semedo has competition for the right-back spot.Quiz: How much do you know about David Villa? Boro Tanchev – September 14, 2019 Time to test your knowledge about Spanish legendary forward David Villa.The move for Wague was masterminded by general manager Pep Segura and sporting director Eric AbidalAlthough the teenager may have to start life at the Camp Nou in the Barcelona B team before he makes his debut for the senior side.Wague has made a total of 52 professional appearances for club and country.
With a hat-trick by the Brazilian and goals from Cavani, Di Maria, and Mbappé, PSG battered Red Star from Belgrade at Parc des Princes.After that first painful defeat from the first Champions League match of the season at Anfield Road, PSG really needed to win their second match this Wednesday against Red Star from Belgrade.This was supposed to be an easier match for the French giants, they of course didn’t disappoint and offered a great performance. But out of all the stars that the French champions have, there is no question that the absolute leader of the team is Neymar Jr who scored a hat-trick and was involved in pretty much all the rest of the goals from his teammates.The Brazilian star began his goal-romp with a beautiful free-kick over the men-barrier only 20 minutes after the match started, it took him only two minutes to get his second goal after a combination with Kylian Mbappé.Past the half-hour of the match, Edinson Cavani took a shot from inside the box and the ball got a deflection that confused the Red Star goalkeeper enough for Edinson to get his goal. But PSG was hungry for more goals, they were just getting started as they wanted to get at least half a dozen.Hat-trick hero 😍😍😍#PSGFKCZ pic.twitter.com/VU445N2csT— Paris Saint-Germain (@PSG_English) October 3, 2018Just a few minutes before halftime, PSG was in the middle of a long build-up that Thomas Meunier took on the right wing. The Belgian full-back saw Di Maria making the run towards the box and he sent a beautiful assist with the outside of his foot, the Argentinean didn’t waste the opportunity and scored his side’s fourth goal of the match right before the half-time whistle.German manager Thomas Tuchel asked his players to slow down a little bit, this is the moment in which players like Neymar can get fouled the most due to the frustration from his rivals. The French champions took note and played a much more reserved style of football until the final 20 minutes, when Kylian Mbappé appeared to score his goal because he obviously didn’t want to miss out on all the fun.PSG ultras sent a warning letter to Neymar Manuel R. Medina – September 14, 2019 Brazilian superstar Neymar might play today his first game of the season for Paris Saint-Germain and the team’s ultras have warned him.Neymar was involved in the goal again, he saw Cavani making the run towards the box and dinked the ball for him to send the assist to the French lad, who only pushed the ball inside. It was already 5-0 at Parc des Princes, German midfielder Marko Marin was able to pull one back for Red Star with 15 minutes from the final whistle.But the star of the night, Neymar Jr wanted to get that hat-trick in order to feel that he was closer to his best form and he did it in style. With nine minutes still left on the clock, the Brazilian start took another free-kick but he did it with a lot more power and collocation than his first goal of the evening and gave PSG their sixth goal of the match for a convincing victory in the Champions League.Unfortunately for the French champions, this win tells us absolutely nothing in regards to the club’s actual level of performance. Red Star from Belgrade can hardly be considered a worthy opponent that can challenge them at all, we are going to have to wait for them to play against Napoli in the next two matches to know how well they can respond against a more competitive opponent.Also, in Ligue 1, PSG will play against Olympique Lyonnais on Sunday before the final international break of 2018. Neymar will get a new chance to prove his worth again, but today’s performance was more than enough for him to keep earning that lost confidence he had before, during, and right after the summer.FULL TIME: PSG flex their offensive 💪in the @ChampionsLeague with a 6-1 win over Red Star Belgrade! #PSGFKCZ #ALLEZPARIS!! 🔴🔵 pic.twitter.com/4F5XPRBdyw— Paris Saint-Germain (@PSG_English) October 3, 2018Which of these was your favorite goal from PSG against Red Star from Belgrade? Please share your opinion in the comment section down below.
Former Manchester United striker Louis Saha believes Zinedine Zidane is the right manager to lead Manchester United to glory after Jose Mourinho was sacked.The former French International says Zidane who led Real Madrid to three consecutive Champions League titles before leaving will bring a new dimension to the team.In an interview with Omnisport via FourFourTwo, Saha backed former France team-mate Zidane to succeed at Old Trafford. .“For me, I am a supporter of Zidane in relation to the man,” Saha said. “He was an exceptional player, the coach, there is no equivalent.“In communication he has made a lot of progress. When I hear him talking, it’s incredible.Dani Ceballos, the most underrated Spanish player today Tomás Pavel Ibarra Meda – September 13, 2019 We’ve been looking for the next great Spanish player and we had him under our noses all along, meet underrated Dani Ceballos.Even though you’ve…“He breathes football, he is a passionate person, who has all the qualities to be respected. He knows how to balance attack and defence.“At Real Madrid, he had three offensive monsters, and he has to make the link with the defence. It’s huge.“For me it’s the best choice for United. I think he will have the support of the supporters, the staff, the president because he deserves it. And we’re going to give him time.”Zidane is no manager of any club at the moment and could take the job if both parties agree.
WILMINGTON, MA — The Wilmington Farmers Market will be open this Sunday, September 2, 2018, from 10am to 1pm, on the Swain Green, across from the Town Common, at 140 Middlesex Avenue.September 2 Farmers Market Lineup:Vendors:Arrowhead FarmBeads By BarbaraEJ’s Fresh Frozen Pizza / Grab & GoGaouette FarmPurple Carrot BreadRed Antler Apothecary Seafood ExpressTewksbury HoneyAdditional Attractions:Balloons with YarrowMake Rockets at the Kids TableLike Wilmington Apple on Facebook. Follow Wilmington Apple on Twitter. Follow Wilmington Apple on Instagram. Subscribe to Wilmington Apple’s daily email newsletter HERE. Got a comment, question, photo, press release, or news tip? Email firstname.lastname@example.org.Share this:TwitterFacebookLike this:Like Loading… RelatedWhat To Expect At The Wilmington Farmers Market On September 1In “Community”What To Expect At The Wilmington Farmers Market On Sunday, September 8In “Community”THIS WEEKEND: Car Wash For WHS Field Hockey, Farmers Market, Free Concert & Voter Registration Drive ALL At Town Common On Sept. 8In “Community”
Kapil Sharma, Dharmendra, Ginni ChatrathInstagramKapil Sharma is on his way to become a father and the ace comedian is leaving no stone unturned looking after his pregnant wife Ginni Chatrath who is currently in her first trimester.Ever since Kapil learned about Ginni’s pregnancy, he has reportedly made a lot of changes in his busy shoot schedule to be with his long-time girlfriend and now wife.According to a report in Dainik Bhaskar, during the initial days of pregnancy, Kapil used to quickly wind up for the day and rush to home to take care of Ginni. And now that Ginni is currently in Amritsar, Punjab, Kapil, who has been shooting for The Kapil Sharma Show in Mumbai, had been flying to and fro whenever he he gets time from his work schedule.Since there was nobody to take care of Ginni in Mumbai because of Kapil’s busy schedule, Ginni had flown to Punjab to stay with her family. And though Kapil had not spoken about Ginni’s pregnancy, his friend and co-star Krushna Abhishek and wife Kashmera Shah, on their twins’ Rayaan and Krishaang’s second birthday bash on June 2, had said that they are very happy and excited for Kapil’s baby to arrive.As per the report, Kapil along with Ginni had flown to Jalandhar on June 3 and stayed there for a night. The couple then flew off to Manali to spend some time together and has even shared a few photographs from the trip on his Instagram. The comedian then flew back to Mumbai to shoot for The Kapil Sharma Show. Kapil Sharma, Ginni ChatrathInstagramFor the uninitiated, Kapil and Ginni had tied the knot on December 12 and 13 at a lavish wedding ceremony in Jalandhar in the presence of their close friends and family. After the wedding, the newly-weds hosted two receptions, one in Amritsar and another in Mumbai. Both the events were star-studded affairs and saw the presence of many celebs from the Punjabi and Bollywood film industry. In February 2019, Kapil hosted another wedding reception in Delhi, which was graced by many prominent politicians and cricketers.
Kashmiri political party Jammu & Kashmir Awami Forum (JKAF) held a meeting in Shopian on Thursday and announced an initiative to denounce youths engaging in militant activities. The families of 118 Kashmiri militants attended the meeting near the District Collector’s office. It was also attended by the parents of top Hizbul Mujahideen commander Saddam Padder and militant-turned-Army soldier Nasir Ahmed Wani. The families said, “since Youth is the future of Kashmir; we jointly seek assistance to the deprived, badly hit by present turmoil families for financial assistance for educational needs for their children.”JKAF chairman Farooq Ahmed said it is the “pointless violence” that is “hampering all progress” in the Kashmir valley. “The families of misguided youth who took up to violence are paying the price” while leaders who propagated violence “are leading lavish lives with a secure future of their children with foreign education,” he added.As a symbol of “Kashmir culture and hospitality,” Ahmed also urged locals to welcome pilgrims of the Amarnath Yatra.
Milan: West Bengal Chief Minister Mamata Banerjee on Wednesday welcomed the Supreme Court judgement upholding its validity but restricting it to disbursement of social benefits, saying it vindicates her stand. “People should have some rights. If bank and mobile phones are linked to Aadhaar card then everything about the person will come into public domain. That this logic is correct and irrefutable has been proved today,” Banerjee told the media here. Also Read – Rain batters Kolkata, cripples normal life “We don’t compromise or raise questions on government security or internal security. But if my account number becomes public, I may be cheated. This has already happened in ATM transactions,” said Banerjee, who is visiting Italy in a bid to rope in investment for her state. Similarly, if the mobile phone number is linked to Aadhaar, “then the messages you send, or the calls you make, all information gets leaked”. Calling the verdict a victory of the people, she said she has neither linked her bank account nor her mobile number to Aadhaar and have also asked people not to do so. In a majority judgment, a five-judge bench headed by Chief Justice Dipak Misra held that Aadhaar would be voluntary and not mandatory with an option to exit.
SVF, Eastern India’s largest movie production house released the first song for its upcoming mega-budget film, Amazon Obhijaan. Titled ‘Chol Naa Jai’, the song has been sung by popular playback singer Arijit Singh, composed by ace music director Indraadip Dasgupta, and lyrics have been penned by Prasen. ‘Chol Naa Jai’ (which literally means Let’s Go) is full of vigour, curiosity, grit and zeal, all packed into a harmonic soundscape that blends aptly with the landscape that Shankar sets his foot on. Also Read – Add new books to your shelfThe song is also available on iTunes, Hungama, Spotify, Idea Music Lounge and Wynk. Subscribers of Vodafone, Idea and Airtel can also set it as their caller tune.Set to release on December 22, Amazon Obhijaan is the sequel to the 2013 blockbuster Chander Pahar which, at the time, broke all records for being the most successful Bengali film ever made in Bengal. The story of Amazon Obhijaan written, scripted and directed by the doctor-turned-director Kamaleswar Mukherjee delves into the deep jungles of the Amazonia. The expedition led by the Bengali cinestar Dev playing the explorer Shankar Choudhury is touted as a visual treat to watch for families specially children who love adventure. Also Read – Over 2 hours screen time daily will make your kids impulsiveVeteran Brazilian actor David James plays the role of Marco Florian and Indian based Russian actor Svetlana Gulakova plays Marco’s daughter Anna Florian who joins Shankar to the mysterious yet endearing journey to El Dorado.Recently the film set a world record by unveiling the biggest poster for a Bengali film ever pegged at 60,800 sq ft in size cover to cover. The film is also available in the graphic novel format for children to get a feel of the story. This film is the only Bengali movie ever made to be released simultaneously in six languages – Bengali, Hindi, Tamil, Telugu, Odiya and Assamese.
Last year, the steering council model was elected for Python governance. Now the results for the steering council election, January 2019 are out in PEP 8100. First some background about the steering council model: “Authored by Nathaniel J. Smith, and Donald Stufft, this proposal involves a model for Python governance based on a steering council. The council has vast authority, which they intend to use as rarely as possible, instead, they plan to use this power to establish standard processes. The steering council committee consists of five people. A general philosophy is followed—it’s better to split up large changes into a series of small changes to be reviewed independently. As opposed to trying to do everything in one PEP, the focus is on providing a minimal and solid foundation for future governance decisions. This PEP was accepted on December 17, 2018.” The goals of the model are to be: Boring, stick to the basics and not experiment Simplistic enough for a minimum viable product Comprehensive to avoid confusion Flexible and light-weight Of the 96 eligible voters, only 69 had cast ballots. The nomination period for the election was from January 7, 2019 to January 20, 2019. The voting period was from January 21, 2019 to February 4, 2019. The results are in and the top five candidates are: Barry Warsaw Brett Cannon Carol Willing Guido van Rossum Nick Coghlan Now, these five individuals are a part of the steering council for Python governance. The council will make decisions on PEPs. They will also work on maintaining the stability, quality of the Python language and interpreter. Read next Python governance vote results are here: The steering council model is the winner NYU and AWS introduce Deep Graph Library (DGL), a python package to build neural network graphs Introducing RustPython, a Python 3 interpreter written in Rust
RSCC’s AM-8Russian satellite operator RSCC’s Express-AM8 satellite has been successfully launched and placed in geostationary orbit by a Proton-M rocket from the Baikonur Cosmodrome in Kazakhstan.The satellite will be placed in orbit at 14° West to provide communications and broadcasting services to users in European Russia, Europe, Africa, the Middle East, and Latin America. The spacecraft was ordered and funded by RSCC, and manufactured by Russia’s АО ISS-Reshetnev.Express-AM8 is equipped with C-band, Ku-band and L-band transponders.Yuri Prokhorov, RSCC CEO, said, the Express-АМ8 satellite “paves the way for RSCC to the regional market of Latin America, and provides additional opportunities to develop business in Africa, Europe, and the Middle East”.
Natural-resource-based industries are very capital intensive, and hence extremely cyclical. It is not unreasonable to say that as a natural-resource investor, you are either contrarian or you will be a victim. These markets are risky and volatile! Why cyclicality? Let’s talk about cyclicality first. Some of the cyclicality of these industries is a function of their being extraordinarily capital intensive. This lengthens the companies’ response times to market cycles. Strengthening copper prices, for example, do not immediately result in increased copper production in many market cycles, because the production cycle requires new deposits to be discovered, financed, and constructed—a process that can consume a decade. Price declines—even declines below the industry’s total production costs—do not immediately cause massive production cuts. The “sunk capital” involved in discovery and construction of mining projects and attendant infrastructure (such as smelters, railways, and ports) causes the industry to produce down to, and sometimes below, their cash costs of production. Producers often engage in a “last man standing” contest, to drive others to mothball productive assets, citing the high cost of shutdown and restart. They fail to mention their conflicts of interest as managers, whose compensation is linked to running operational mines. Interest-rate cycles can raise or lower the cost and availability of capital, and the accompanying business cycles certainly influence demand. Given the “trapped” nature of the industry’s productive assets, local political and fiscal cycles can also influence outcomes in natural-resource investments. Today, I believe that we are still in a resource “supercycle,” a long-term period of increasing commodity prices in both nominal and real terms. The market conditions of the past two years have made many observers doubt this assertion. But I believe the current cyclical decline is a normal and healthy part of the ongoing secular bull market. Has this happened in the past? The most striking analogy to the current situation occurred in the epic gold bull market in the 1970s. Many of you will recall that in that bull market, gold prices advanced from US$35 per ounce to $850 per ounce over the course of a decade. Fewer of you will recall that in the middle of that bull market, in 1975 and 1976, a cyclical decline saw the price of gold decline by 50%, from about $200 per ounce down to about $100 per ounce. It then rebounded over the next six years to $850 per ounce. Investors who lacked the conviction to maintain their positions missed an 850% move over six short years. The current gold bull market, since its inception in 2000, has experienced eight declines of 10% or greater, and three declines—including the present one—of more than 20%. This volatility need not threaten the investor who has the intellectual and financial resources to exploit it. The natural-resources bull market lives… The supercycle is a direct result of several factors. The most important of these is, ironically, the deep resource bear markets which lasted for almost two decades, commencing in 1982. This period critically constrained investment in a capital-intensive industry where assets are depleted over time. Productive capacity declined in every category; very little exploration took place; few new mines or oilfields replenished reserves; infrastructure and processing assets deteriorated. Critical human-resource capabilities suffered as well; as workers retired or got laid off, replacements were neither trained nor hired. National oil companies (NOCs) exacerbated this decline in many nations by milking their oil and gas industries to subsidize domestic spending programs for political gain. This was done at the expense of sustaining capital investments. The worst examples are Mexico, Venezuela, Ecuador, Peru, Indonesia, and Iran. I believe 25% of world export crude capacity may be at risk from failure of NOCs to maintain and expand their productive assets. Demands for social contributions in the form of taxes, royalties, carried equity interests, social or infrastructure contributions, and the like have increased. Voters are not concerned that producers need real returns to recover from two decades of underinvestment or to fund capital investments to offset depletion. Today this is actively constraining investment, and hence supply. Poor people getting richer… The supercycle is also driven by globalization and the social and political liberalization of emerging and frontier markets. As people become freer, they tend to become richer. As poor countries become less poor, their purchases tend to be very commodity-centric, especially compared to Western consumers. For the 3.5 billion people at the bottom of the economic pyramid, the goods that provide the most utility are material goods and consumables, rather than the information services or “high value-added” goods. A poor or very poor household is likely to increase its aggregate calorie consumption—both by eating more food and more energy-dense food like meat. They will likely consume more electrical power and motor fuel and upgrade their home from adobe or thatch to higher-quality building materials. As people’s incomes increase in developing and frontier markets, the goods they buy are commodity-intensive, which drives up demand per capita. And we are talking billions of “capitas.” Rising incomes and savings among certain cultures in the Middle East, South Asia, and East Asia—places with a strong cultural affinity for bullion—have increased the demand for gold, silver, platinum, and palladium bullion. Bullion has been a store of value in these regions for generations, and rising incomes have generated physical bullion demand that has surprised many Western-centric analysts. Competitive devaluation The third important driver in this cycle has been the depreciation of currencies and the impact that has had on nominal pricing for resources and precious metals. Most developed economies have consumed and borrowed at worrying levels. The United States federal government has on-balance-sheet liabilities of over $16 trillion, and off-balance-sheet liabilities estimated at around $70 trillion. These numbers do not include state and local government liabilities, nor the likely liabilities from underfunded private pensions. Not to mention increased costs associated with more comprehensive health care and an aging population! Many analysts are even more concerned about the debts and liabilities of other developed economies—Europe and Japan. In both places, debt-to-GDP ratios are greater than in the US. Europe and Japan are financing themselves through a combination of artificially low interest rates and more borrowing and money printing. This drives down the value of their currencies, helping their exports. But which nations’ leaders will stand firm and allow their export industries to wither as their domestic producers suffer from cheap competing foreign goods? If Japan’s Abe is successful at increasing his country’s exports at the expense of its competitors like Taiwan, Korea, or China, then his policies could lead to competitive devaluation. And how will the European community react, for that matter? Loss of purchasing power in fiat currencies increases the nominal pricing of commodities and drives demand for bullion as a preferred savings vehicle. The factors that have driven this resource supercycle have not changed. Demand is increasing. Supplies are constrained. Currencies are weakening. Thus I believe we remain in a secular bull market for natural resources and precious metals. With that in mind, I would call the current market for bullion and resource equities a sale. Where to invest? Let’s talk about a type of company most of us follow: mineral exploration companies, or “juniors.” We often confuse the minerals exploration business with an asset-based business. I would argue that is a mistake. Entities that explore for minerals are actually more similar to “the research and development” space of the mining industry. They are knowledge-based businesses. When I was in university, I learned that one in 3,000 “mineralized anomalies” (exploration targets) ended up becoming a mine. I doubt those odds have improved much in 40 years. So investors take a 1-in-3,000 chance in order to receive a 10-to-1 return. These are not good odds. But understanding the industry improves them substantially. Exploration companies are similar to outsourcing companies. Major mining companies today conduct relatively little exploration. Their competitive advantage lies in scale, financial stability, and engineering and construction expertise. Similar to how big companies in other sectors outsource certain tasks to smaller, more specialized shops, the big miners let the juniors take on exploration risk and reward the successful ones via acquisitions. Major companies are punished rather than rewarded for exploration activities in the short term. Majors therefore tend to focus on the acquisition of successful juniors as a growth strategy. Today, the junior model is broken. Many public exploration companies spend a majority of their capital on general and administrative expenses, including fundraising. Overlay a hefty administrative load on an activity with a slim probability of success, and these challenges become even more severe. One response from the exploration and financial community has been to put less emphasis on exploration success and focus instead on “market success.” In this model, rather than “turning rocks into money,” the process becomes “turning rocks into paper, and paper into money.” One manifestation of that is the juniors’ habit of recycling exploration targets that have failed repeatedly in the past but can be counted on to yield decent confirmation holes, and the tendency to acquire hyper-marginal deposits and promote the value of resources underground without mentioning the cost of actually extracting them. The industry has been quite successful, during bull markets, at causing “sophisticated” investors to focus on exciting but meaningless criteria. Being successful in natural-resource investing requires you to make choices. If your broker convinces you to buy the sector as a whole, they will have lived up to their moniker—you will become “broker” and “broker.” We have already said that exploration is a knowledge-based business. The truth is that a small number of people involved in the sector generate the overwhelming majority of the successes. This realization is key to improving our odds of success. “Pareto’s law” is the social scientists’ term for the so-called “80-20 rule,” which holds that 80% of the work is accomplished by 20% of the participants. A substantial body of evidence exists that it is roughly true across a variety of disciplines. In a large enough sample, this remains true within that top 20%—meaning 20% of the top 20%, or 4% of the population, contributes in excess of 60% of the utility. The key as investors is to judge management teams by their past success. I believe this is usually much more relevant than their current exploration project. It is important as well that their past successes are directly relevant to the task at hand. A mining entrepreneur might have past success operating a gold mine in French-speaking Quebec. Very impressive, except that this same promoter now proposes to explore for copper, in young volcanic rocks, in Peru! In my experience, more than half of the management teams you interview will have no history of success that shows that they are apt at executing their current project. Management must be able to identify the most important unanswered question that can make or break the project. They must be able to say how that question or thesis was identified, explain the process by which the question will be answered, the time required to answer the question, how much money it will take. They also need to know how to recognize when they have answered the question. Many of the management teams you interview will be unable to address this sequence of questions, and therefore will have a very difficult time adding value. The resource sector is capital intensive and highly cyclical, and we expect that the current pullback is a cyclical decline from an overheated bull market. The fundamental reasons to own natural resource and precious metals have not changed. Warren Buffett says, “Be brave when others are afraid, be afraid when others are brave.” We are still “gold bugs.” And even “gold bulls.” Subscribe to Sprott’s Thoughts for free insights and opinion from Rick Rule, Eric Sprott, John Embry, and others from across the Sprott organization. Click here to subscribe. Rick Rule is the chairman and founder of Sprott Global Resource Investments Ltd., a full-service brokerage firm located in Carlsbad, CA. He has dedicated his entire adult life to different aspects of natural-resource investing and has a worldwide network of contacts in the natural-resource and finance worlds. As chairman of Sprott US Holdings Inc., the parent company of Sprott Global, he leads a team of earth science and finance professionals who are experienced with resource investment management. He is a frequent speaker at industry conferences and is interviewed for numerous radio, television, print, and online media outlets concerning natural-resource investment and industry topics. He and his team have long experience in many resource sectors including agriculture, alternative energy, forestry, oil and gas, mining, and water. Sprott US Holdings is active in securities brokerage, segregated account money management, and investment partnership management involving both equity and debt instruments across the entire spectrum of the natural-resource industry.
Recommended Links He lauds so-called internationalists (i.e., globalists) as “those who want the U.S. to retain the leading international role it’s held since WW2.” By that he means minions of the U.S. government should roam the world to “spread democracy.” He assumes that democracy—which is actually just a more polite form of mob rule—is always a good thing. Apart from the fact that democracy is only rarely the result of U.S. intervention. Another division he makes (and here I admire his candor) is between the “elites”—like high government officials and people like those in the CFR—and the “non-elites.” He actually uses these words. He terms U.S. invasions and regime change efforts as “an ambitious foreign policy.” He says, even after referencing disastrous U.S. failures like the Korean, Vietnamese, Afghan, and Iraq wars, and ongoing catastrophes in Libya and Syria, that we should continue on the same course. He loves the idea of alliances, of course. Despite the fact that alliances only serve to draw one country into another one’s war. Alliances just take relatively small local disputes, and move them up to catastrophic levels. This has always been the case. But the classic example is World War 1, which signaled the start of the long collapse of Western Civilization. Alliances can only serve to draw the U.S. into wars between nothing/nowhere countries that few Americans can find on a map. Then he goes on to discuss what he calls “free trade,” another dishonest misuse of the term. Free trade exists when there are no duties or quotas, when any business can buy and sell what it wants when and where it wants. What these people actually want is government-managed trade, which they prefer to call “fair trade.” He implies that wise and incorruptible government officials are necessary to ensure that foolish and dishonest buyers and sellers don’t hurt themselves. But shouldn’t we worry if foreigners subsidize their manufacturers, and disregard U.S. environmental and labor regulations? My answer is: No. It’s wonderful if a foolish, mercantilist government subsidizes U.S. consumers; we’re enriched while they’re impoverished by selling dollar bills for 50 cents. And if the Chinese can make something cheaper than Americans, that’s wonderful. The Americans—who still have the world’s largest pool of capital, technology, and educated labor—are freed to do something more productive. Anyway, the Haass article is horrible on every level. I’d reprint it here, but it’s too long and too boring. And it would violate the Journal’s reprint policy. But there’s another article, even more egregious, more stupid, and more destructive, that the Journal recently ran, by Kenneth Rogoff. He is, of course, a Harvard “economist.” You’ll have to get hold of it yourself, because of the newspaper’s reprint policy. But I urge you do so. It lays out—in clear and well-written English—the “elite” rationale for negative interest rates, and the abolition of cash. It literally beggars belief, and makes me think the author is criminally insane. I mean that literally, in the clinical sense. Criminal because he actively advocates aggression against other’s property, and in effect, their lives. And insane because his thoughts and beliefs are completely delusional and divorced from reality. All in all, every day there are more indications on every front that the trailing edge of the gigantic financial hurricane we entered in 2007 is going to be very, very ugly. The Greater Depression is going to be worse than even I thought it would be. Editor’s note: Doug says we’re on the edge of a genuine precipice. The economy is crumbling…and there’s a good chance things will only get worse. But nothing will be as destructive as what’s coming…something Doug says “could trigger the worst Depression in the history of America.” And there’s nothing the government and Feds can do to stop it… Fortunately, there’s a way to protect yourself and your family—and even make money—during this major economic crisis. You can learn more about this collapse—and the steps you should start taking immediately—right here. — – “I make $80,000/month with ONE asset” It’s not gold, silver, or any other precious metal. But it could make you six times your money. Get the full details here. Editor’s note: Today, we’re sharing an eye-opening essay from Casey Research founder Doug Casey that sheds light on what the disillusioned “elite” are thinking right now…and what it means for the future of America. As Doug explains, it’s more proof that we’re near “the trailing edge of the gigantic financial hurricane we entered in 2007.” [This piece was originally published in last month’s issue of The Casey Report.] By Doug Casey, founder, Casey Research Mark Twain said, “If you don’t read the papers you’re uninformed. If you do read them, you’re misinformed.” That’s why I want to draw your attention to an article called “The Isolationist Temptation,” in The Wall Street Journal on August 7, written by Richard Haass, the president of the Council on Foreign Relations. The piece wasn’t worth reading—except that it offers some real insight into what the “elite” are thinking. The CFR is one of about a dozen groups, like Bilderberg, Bohemian Grove, and Davos, where the self-identified elite gather. These groups don’t have political power, per se. But their members are members of governments, large corporations, universities, the military, and the media. They all went to the same schools, belong to the same clubs, socialize together and, most important, share the same worldview. What might that be? They believe in the State—not the market—as the best way to organize the world. Believe it or not (I still don’t…) I’ve been invited to one of these conclaves later this month. Probably by mistake. I don’t expect to be a fox in the henhouse, but more like a skeleton at a feast. I’ll tell you all about it next month… But back to the current topic. Like me, you’ve probably asked yourself, “Who are these people? Are they knaves, or fools, or both? What are they smoking? Are they actually crazy?” Haass starts out by dividing the world of foreign policy observers into the “internationalists” and the “isolationists”—a false, misleading, and stupid distinction. They’re not “internationalists” (which are people who move between countries); they’re “globalists” (people who want to work for one world government, that they control). He uses the term “isolationists” as a pejorative term for the enemy camp, conflating them with non-interventionists—who are a totally different group. Isolationists bring to mind a backward cult, hiding from the rest of the world. Non-interventionists simply don’t want to stick their noses in other people’s business. 2017: “Recall” Election Already Planned? Will American voters demand a “rewind” on this November’s election outcome? They might, after this new reality sets in…
The Food and Drug Administration is holding its first public hearing on CBD, the cannabis extract that has quickly grown into a billion-dollar industry. Today’s hearing will help officials determine how to regulate CBD products.The compound can be extracted from marijuana or from hemp. It’s promoted as a way to ease anxiety and inflammation – and it doesn’t get people high because it doesn’t contain THC, the psychoactive component of the cannabis plant.People are using oils with cannabidiol, or CBD, to help with everything from menstrual cramps to insomnia. While the hype around CBD has gotten ahead of the science, there are a growing number of small studies that do point to some health benefits. But the FDA has concerns over how these products are marketed, and is seeking more data about their safety.”Questions remain regarding the safety considerations raised by the widespread use of these products,” FDA officials wrote in a Federal Register notice about today’s hearing. “These questions could impact the approaches we consider taking in regulating the development and marketing of products.”Regulators are expected to hear from many players in the CBD industry eager for the agency to step in and set some clear rules, because there’s been a cloud of uncertainty over the legality of marketing and selling CBD products.The 2018 farm bill lifted longtime restrictions on hemp, meaning that hemp would no longer be regulated as a controlled substance. The hemp industry saw this as a green-light to move ahead in promoting CBD products.”When the farm bill passed last year, we were beyond thrilled. This ended a multi-decade prohibition on hemp,” says Jonathan Miller who serves as general counsel to the U.S. Hemp Roundtable, a coalition of dozens of hemp companies. “It was a historic moment.”But the FDA quickly stepped in to make it clear that it has regulatory authority over CBD. The agency has said, for example, that cannabidiol products cannot be sold as dietary supplements.So the industry is asking for a more definitive set of rules, and the FDA hearing is a first step.”We really need the FDA to join in and help us lay a path toward a regulated legal product,” Miller says. This is the main message he says he’ll deliver during today’s hearing.But the FDA has a lot of questions for his industry, and researchers who study cannabis say there’s still a lot to learn about cannabidiol.”We’re really in the infancy of understanding the physiological effects of cannabadiol right now,” says Ziva Cooper, research director for the UCLA Cannabis Research Initiative.Cooper says there are important questions to answer, such as: What doses are safe? And what happens when people use it for long periods of time?The FDA has already approved one drug made of purified CBD, called Epidiolex, which is used to treat two rare and serious forms of epilepsy.You need a doctor’s prescription to get this medication, and it contains a much higher dose of CBD than what people typically get from the oils sold online or in dispensaries or markets.Clinical trials of Epidiolex found that the high dose of CBD was generally safe but that it did cause side effects in some people, including lethargy and gastrointestinal distress. The FDA also pointed to concerns about possible liver injury.”This is a potentially serious risk that can be managed when the product is taken under medical supervision in accordance with the FDA approved labeling for the product,” agency regulators wrote in the Federal Register notice. “But it is less clear how this risk might be managed if this substance is used far more widely, without medical supervision.”One potential strategy to regulate CBD may be to set a threshold. High-dose products could be restricted and require a prescription, while low-dose products similar to many of the CBD oils currently on the market would be widely available.The hemp industry has signaled its support for this approach. The lower dose products could be sold “over-the-counter in natural food stores, drug stores and grocery stores,” says Miller of the U.S. Hemp Roundtable.The FDA has set no timeline to regulate CBD products, and its evaluation is likely to continue over the coming months. Copyright 2019 NPR. To see more, visit https://www.npr.org.