Cool summer could push U.S. coal consumption below 600 million tons—analysts

first_imgCool summer could push U.S. coal consumption below 600 million tons—analysts FacebookTwitterLinkedInEmailPrint分享S&P Global Market Intelligence ($):Industry analysts told S&P Global Market Intelligence a projected cooler summer across much of the U.S. could challenge an already struggling coal industry by muting domestic utility demand for the commodity. Coupled with weakening European and Asian thermal coal pricing, a cooler summer resulting in lower energy demand could weigh on the U.S. coal sector, the analysts said.“Every year is important for this industry,” said B. Riley FBR analyst Lucas Pipes. “I think it’s probably fair to say that given the weakness in the seaborne market at this time, stronger domestic demand is maybe more important than let’s say last year because if the export market should continue to stay challenging at current pricing levels, clearly producers have to look more towards the domestic market to balance their sales books.”Todd Crawford, senior meteorologist for IBM Business’ The Weather Company, told S&P Global Market Intelligence that he projects there will be about 9.5% less energy demand on average across the country year over year. Crawford said heavy rain and flooding in the Midwest this spring will likely result in a cooler summer, noting that temperatures in the region and into the Northwest have remained two or three degrees below average in recent weeks. He added the Southeast may have a slightly warmer summer than normal but not a significant increase.“As we look through June, we don’t see a lot of heat through the major population centers, energy demand centers, of the eastern U.S.,” Crawford said. “If there’s any big heat going on in June, it’s going to be of the [Pacific] Northwest.”Andy Blumenfeld, head of Market Analytics at Doyle Trading Consultants LLC, said some power demand data is already reflecting the effect of cooler temperatures heading into the summer. Though the U.S. had strong energy demand this winter, it has declined significantly more recently. Blumenfeld said he thinks coal burn will decrease significantly this year compared with 2018, dropping by much as 40 million tons to less than 600 million tons, a record low over the last several decades.Blumenfeld added the potential for increased summer demand from the international market could help domestic producers, given the increased use of air conditioning in other nations outside the U.S., especially in Asia. “If we do see a spike in demand that certainly will help, so that’s possibly a good-news scenario that comes out of this,” he said, “but so far we’re not seeing it in the forward pricing to a great degree. There is some upward lift, but it’s still pretty low.”More ($): Cooler summer may limit domestic opportunities for struggling coal sectorlast_img read more

Public members needed for Bar Examiners

first_img Public members needed for Bar Examiners Members of the public are invited to volunteer on or before June 15 for a three-year term on the Florida Board of Board Examiners. The Supreme Court will appoint two public members to serve on the Board of Bar Examiners.A public member volunteer should possess education or work-related experience such as educational testing, accounting, statistical analysis, medicine, psychology, or related sciences. A bachelor’s degree is required. Lawyers are not eligible. Public board members should be willing and able to devote about three days a month to the work of the board, and to travel to various Florida locations to attend meetings and the bar examination. Travel and subsistence expenses are reimbursed. Board members should be interested in seeking to improve the examination and its administration, and to evaluate carefully the character and fitness of applicants seeking admission to the Bar. Board members should be free of adverse interests, conflicting duties, or inconsistent obligations that may interfere or appear to interfere with the proper administration of the board’s mandate.The vacancies will occur on November 1, with the expiration of the terms of Dr. Mary Harris Moore of Tallahassee and Yvonne Loggins-Coleman of Orlando. Applications are available at and may be submitted by faxing it to (850) 414-6822 or by mailing it to The Florida Board of Bar Examiners, 1891 Eider Court, Tallahassee 32399-1750. For more information contact Eleanor Mitchell Hunter, executive director of the board at (850) 487-1292. May 1, 2005 Regular News Public members needed for Bar Examinerslast_img read more

7 legit drivers of member satisfaction

first_img“And the award goes to…” Ok, it’s not an Emmy, an Oscar, not even an MVP trophy. In fact, we’re not really even talking about an award per se. But congratulations are in order for credit unions. The CFI Group’s 2015 Credit Union Satisfaction Index came out this week and the results tell both a tale of member happiness, as well as offer a warning to CU management.Credit unions are doing a better job than banks when it comes to keeping customers happy, according to CFI Group’s 2015 Credit Union Satisfaction Index released Tuesday, and there are at least seven reasons for that success.“This is the third year we’ve measured customer satisfaction with credit unions and the results have been consistently strong,” CFI Group CEO Sheri Petras said. “The score of 87 is eight points ahead of the banking average and 13 points ahead of the highest-scoring bank measured by the American Customer Satisfaction Index.”According to the study, seven drivers have the most impact on whether members are happy with their credit unions in 2015: Products and services, information and communications, branch staff, branch convenience, ATMs, rates and fees, and online and mobile banking.“Improvements in these areas will have a direct impact on the CUSI score, which in turn will drive member loyalty higher, increase the number of recommendations given, and enhance the likelihood that members will use additional credit union products and services in the future,” the study said. 10SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr continue reading »last_img read more

‘Stop the Steal’ Facebook Group Is Taken Down

first_imgOthers posted about violence. One member of the Facebook group wrote on Wednesday, “This is going to take more than talk to fix.” Underneath that post, another member responded with emojis of explosions.On Thursday morning, the Stop the Steal Facebook group’s growth skyrocketed further, according to data from CrowdTangle, a Facebook-owned social media analytics tool.- Advertisement – – Advertisement – The tweets helped send more people to Stop the Steal. Interactions with the Facebook group soared to 36 posts a minute on Thursday morning, up from roughly one post a minute, according to CrowdTangle data.Mr. Posobiec, Mr. Alexander and Amy Kremer did not immediately respond to requests for comment.At Facebook, executives were notified of the group by Facebook moderators as they began flagging posts for potential calls for violence and protests to disrupt the vote. The company also received calls from journalists about the group and its explosive growth. By midmorning, executives were discussing whether they should remove Stop the Steal, said one employee involved in the discussions who was not authorized to speak publicly.- Advertisement –center_img That was when right-wing figures such as Jack Posobiec, a pro-Trump activist, and Amy Kremer, Ms. Kremer’s mother and a founder of a group called Women for Trump, began posting about the Facebook group on Twitter. Ali Alexander, a political operative who previously went by the name Ali Akbar, also tweeted dozens of times about the Stop the Steal movement to his 140,000 Twitter followers.Their messages, which were shared thousands of times, were a rallying cry for people to join the Stop the Steal Facebook group and take action in local protests against voter fraud.“In just it’s first couple hours, more than 100,000 people joined the Women for America First, Stop the Steal Facebook Group,” wrote Mr. Posobiec. In comments below his post, many people cheered the Facebook group’s popularity.- Advertisement –last_img read more

Samsung Galaxy M21s With Super AMOLED Display, Triple Rear Cameras Launched: Price, Specifications

first_imgSamsung Galaxy M21s packs a 6,000mAh battery that supports 15W fast charging. Connectivity options on the phone include Wi-Fi, Bluetooth 5.0, GPS, a USB Type-C port, and a 3.5mm headphone jack. The phone measures 75.1×159.2×8.9mm and weighs 191 grams.Is OnePlus 8T the best ‘value flagship’ of 2020? We discussed this on Orbital, our weekly technology podcast, which you can subscribe to via Apple Podcasts, Google Podcasts, or RSS, download the episode, or just hit the play button below.Affiliate links may be automatically generated – see our ethics statement for details. – Advertisement – The Galaxy M21s is offered in two colour options – Black and Blue. Since it is a rebranded version of the Galaxy F41 that has already been launched in India, chances are that the new Samsung phone may not make its way into the country.Samsung Galaxy M21s specificationsThe dual-SIM (Nano) Samsung Galaxy M21s runs on Android 10. It features a 6.4-inch FHD+ (1,080×2,340 pixels) Super AMOLED display. Under the hood, the phone is powered by an octa-core Exynos 9611 SoC, paired with 4GB of RAM. Its onboard storage of 64GB can be expanded (up to 512GB) via a microSD card.For photography, Samsung Galaxy M21s features a tripe rear camera setup that comprises a 64-megapixel primary shooter with f/1.8 aperture, an 8-megapixel secondary sensor with f/2.2 aperture, and an additional 5-megapixel sensor with f/2.2 aperture. For selfies and video calls, the phone comes with a 32-megapixel camera placed inside the tiny Infinity-U display notch at the front.- Advertisement –center_img Samsung Galaxy M21s has been launched in Brazil. The latest addition to the South Korean tech giant’s Galaxy M series of phones seems to be a rebranded version of Samsung Galaxy F41 that was launched in India in October. The only difference between the two phones is seen in the storage configuration. Samsung Galaxy M21s comes with a Super AMOLED display, a large battery with fast charging support, and a triple rear camera setup that is highlighted by a 64-megapixel primary shooter.Samsung Galaxy M21s priceSamsung Galaxy M21s is priced at BRL 1,529 (roughly Rs. 20,500) in Brazil. It comes in a single 4GB + 64GB storage configuration. In comparison, the Galaxy F41 came with 6GB RAM and two inbuilt storage options – 64GB and 128GB.- Advertisement –last_img read more

Jet lag

first_imgTo access this article REGISTER NOWWould you like print copies, app and digital replica access too? SUBSCRIBE for as little as £5 per week. Would you like to read more?Register for free to finish this article.Sign up now for the following benefits:Four FREE articles of your choice per monthBreaking news, comment and analysis from industry experts as it happensChoose from our portfolio of email newsletterslast_img

Macron and Merkel meet with Turkey, Belarus, COVID on the agenda

first_imgAccording to the Elysee Palace, a priority of the talks will be to push ahead with a coronavirus recovery fund for Europe which the pair had piloted and was agreed at an EU summit last month.”The international agenda is particularly full,” the French presidency said ahead of the talks which are to be followed by a news conference and a working dinner.It added that Paris and Berlin shared  “a high level of convergence” on the issues.The allies will look to coordinate policy on the mass protests in Belarus following President Alexander Lukashenko’s disputed re-election win which the opposition had denounced as a fraud. ‘Destabilizing factor’ They will also discuss mounting tensions between Greece and Turkey over disputed Mediterranean waters, with Macron taking a tough line against Ankara. In an interview with Paris Match published earlier Thursday, the French president said his Turkish counterpart Recep Tayyip Erdogan was conducting an “expansionist policy that mixes nationalism and Islamism, which is not compatible with European interests”.He also accused Turkey of being a “destabilizing factor”.Germany, for its part, is seeking to mediate between Turkey and Greece in a growing row over gas reserves in the eastern Mediterranean.Also on this issue, “there is no contradiction on the substance” between Paris and Berlin, said the Elysee.Macron and Merkel last saw each other at a marathon five-day EU summit that ended on July 21 with member states agreeing to a 750-billion-euro ($858-billion) rescue plan for economies left shattered by the coronavirus pandemic.Germany and France strongly backed the package, which enables joint borrowing by the 27 members of the bloc to help virus-hit countries, particularly Spain and Italy.The deal was a special victory for Macron, who came to office in 2017 committed to strengthening the European Union but has struggled to deliver.  French President Emmanuel Macron received German Chancellor Angela Merkel at his Mediterranean holiday retreat on Thursday to discuss a long list of burning issues including the coronavirus pandemic, post-election unrest in Belarus and growing tensions with Turkey.The pair have a packed agenda for their meeting at the Fort de Bregancon, with challenges raised by Britain’s departure from the European Union, climate change, the coup d’etat in Mali, and the consequences of the devastating blast in Lebanon also set to loom large.Macron welcomed Merkel for her first-ever visit to the presidential summer residence with a Namaste-style greeting, palms pressed together and bending at the waist, in observance of social-distancing guidelines against coronavirus spread.center_img Topics :last_img read more

​Norway’s SWF recoups investment losses after summer rally

first_imgIn results for January to June, the fund reported a 6.8% loss on its equity investments – which made up 69.6% of the fund at the end of June – but a 5.1% gain on fixed income investments, whose allocation stood at 27.6%.NBIM said in the report that its bond portfolio has been boosted by lower interest rates.“The coronavirus pandemic led to global monetary easing, with rate cuts and active use of central bank balance sheets,” it said.Investments in unlisted real estate lost 1.6% in the six-month period, with that asset class making up 2.8% of the fund’s portfolio at the end of June.NBIM underperformed its benchmark in the period, with the fund’s overall return 11 basis points lower than the return on the benchmark index, according to the report.In 2020, the Norwegian government began withdrawing money from the fund for the first time since 2017, taking out NOK167bn in the period – more than it has yet withdrawn in any single year, as the country’s state finances came under pressure as a result of the coronavirus pandemic as well as falling oil prices.However, the weakening of the Norwegian krone on foreign exchanges resulted in a NOK672bn gain for the fund between January and June.Mainly because of this, the fund’s value grew to NOK10.4bn at the end of June from NOK10.1bn at the end of last year, in spite of the 3.4% loss as measured in the basket of currencies NBIM uses for reporting.Looking ahead, Grande said that even though markets had recovered well in the second quarter, there was still considerable uncertainty for investors, with the pandemic being the main factor behind this.“It is still a global pandemic and it doesn’t seem to be under control in any shape or form – the development of a vaccine has not yet come to fruition,” he said at the news conference.Looking for IPE’s latest magazine? Read the digital edition here. Norway’s sovereign wealth fund has now recouped all of the huge investment losses suffered earlier this year, with its portfolio having returned to end-2019 levels – as measured in the basket of international currencies it uses for formal reporting.Performance of the fund’s assets in the last six weeks has closed the 3.4% investment loss stated in the Government Pension Fund Global’s (GPFG) interim report for the first half of this year, which was released today, journalists at this morning’s news conference in Oslo heard.Trond Grande, deputy chief executive officer of Norges Bank Investment Management (NBIM), the central bank operation running the oil fund, said: “The markets performed well during the summer, particularly the equity markets, and we’ve seen falling interest rates so there’s some uplift on the bonds as well.“So the fund is now basically zero, maybe a little bit plus for the year as a whole,” he said.last_img read more

Betty June Rohlfing

first_imgBetty June Rohlfing, age 91 of New Point, Indiana passed away on Friday July 7, 2017 at her home. Born June 16, 1926 to Walter and Mae (Venter) King in St. Peters, Indiana.Betty graduated from Greensburg High School.  She retired from James River Corporation and later worked for a time at Developmental Services.  Betty was a member of the New Point Christian church, where she had taught Sunday School, helped with Vacation Bible School, the live nativity scene and other church events.She is survived by her daughter Mary Ann (Kendall) Hart, grandson Steven (Jill) Hart and 3 step-great grandchildren, Justin, Jacob and Madison; sisters Bernice Alverson, Evelyn Weber and brother Edward King along with numerous nieces and nephews.In addition to her parents, she was preceded in death by her sisters Mary Dudley and Alice Busser and her brother Robert King.Visitation will be Tuesday from 4-7pm with Funeral Services at 10:00am on Wednesday, July 12, 2017 all at New Point Christian Church.  Mark Vice officiating with burial to follow in Rossburg Cemetery.Memorials may be given to the New Point Christian Church c/o Meyers Funeral Home.   Online condolences read more

Cricket News Virat Kohli Gets Official Warning, Comes Closer To Being Banned

first_imgNew Delhi: Virat Kohli is known for his aggression and passion when he steps out on the field, whether as a batsman or as skipper of the Indian cricket team. The aggression and passion is good but sometimes it can lead to trouble. In the third and final Twenty20 International between India and South Africa at the M Chinnaswamy stadium in Bangalore, Kohli’s aggression has resulted in an official warning and this has put him in danger of being banned in the future if he repeats the offence again. Kohli was found guilty of a Level 1 breach of the ICC Code of Conduct in the match which South Africa won by nine wickets. The incident occurred in the fifth over of India’s innings, when Kohli made contact with bowler Beuran Hendricks while taking a run. “Kohli was found to have breached Article 2.12 of the ICC Code of Conduct for Players and Player Support Personnel, which relates to ‘Inappropriate physical contact with a Player, Player Support Personnel, Umpire, Match Referee or any other person (including a spectator) during an International Match’,” the ICC said in a statement.Also Read | Virat Kohli Says ‘Will Have To Take Risks’ For World T20 SuccessIn addition to this, one demerit point has been added to the disciplinary record of Kohli, for whom it was the third offence since the introduction of the revised Code in September 2016.  Kohli now has three demerit points after having got one demerit point each during the Centurion Test against South Africa on January 15, 2018 and against Afghanistan in the ICC Men’s Cricket World Cup 2019 on June 22.”Kohli admitted the offence and accepted the sanction proposed by match referee Richie Richardson of the Emirates ICC Elite Panel of Match Referees, and as such, there was no need for a formal hearing,” the ICC said.Also Read | Virat Kohli Is Effective As Captain Only Because Of MS Dhoni, Rohit Sharma: Gautam GambhirLevel 1 breaches carry a minimum penalty of an official reprimand, a maximum penalty of 50 per cent of a player’s match fee, and one or two demerit points. When a player reaches four or more demerit points within a 24-month period, they are converted into suspension points and a player is banned. Two suspension points equate to a ban from one Test or two ODIs or two T20Is, whatever comes first for the player. Demerit points will remain on a player or player support personnel’s disciplinary record for a period of 24 months from their imposition, following which they will be expunged. For all the Latest Sports News News, Cricket News News, Download News Nation Android and iOS Mobile Apps.last_img read more