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EURACTIV News
EU news and policy debates across languages
Updated: 39 min 5 sec ago
All eyes on Germany's 'crisis' presidency, expected to lead EU recovery
The outbreak of the coronavirus pandemic has forced Germany to radically revise the priorities for its EU Council Presidency in the second half of the year. One thing is clear: the biggest EU country takes the helm in the midst of an unprecedented crisis, at a crucial time for the bloc's recovery efforts. EURACTIV Germany reports.
Lufthansa board baulks at EU bailout terms
The board of German airline Lufthansa refused to accept the conditions of a €9 billion aid package on Wednesday (27 May), citing the European Commission's reported requirement that the carrier give up some airport slots at two of its major hubs.
Spain holds minute's silence for COVID-19 victims, begins 10-day mourning period
Spain held a minute's silence yesterday (27 May) to pay tribute to the more than 27,000 people who have died from COVID-19 in the country as it begins a 10-day mourning period. EURACTIV's partner EFE reports.
Hungary to end state of emergency as NGOs cry foul
As promised, the Hungarian government submitted two draft bills to end the state of emergency and terminate its controversial powers, but civil society organisations said on Wednesday (27 May) the moves are simple trickery.
US military says Russia flew 14 MiG 29s and Su-24s to Libya
Russian military personnel flew MiG 29 and SU-24 fighter planes to a Libyan airbase escorted by other Russian fighter jets, the US military said on Wednesday (27 May), detailing a deployment of air power that could have a big impact on Libya's war.
Taming the 'Frugal Four': the challenge facing the German Presidency
The European Commission has presented its proposal for a recovery fund as part of the draft EU budget. Now the member states must be convinced, a task that will fall on Berlin when Germany takes over the EU Council Presidency in July, EURACTIV Germany reports.
Defence and security win battle but not war, in EU budget plans
While the new EU budget proposal charts an improvement from the European Commission's previously planned outlay for the bloc's defence initiatives, it still remains far from original ambitions. On Wednesday (27 May), the European Commission increased the total financial firepower...
The Brief – Marshalling the funds
'Whatever it takes' was the message from European Commission President Ursula von der Leyen on Wednesday (27 May) as the EU unveiled an ambitious recovery plan to help its members who have been worst affected by the coronavirus pandemic.
Commission hikes CAP's second pillar spending to deliver Green Deal
The European Commission has proposed boosting the European Agricultural Fund for Rural Development (EAFRD) with an extra €20 billion to support greening the EU's farming sector, using the recently unveiled Farm to Fork (F2F) strategy as a vehicle.
One in six young people has stopped working since the pandemic started
Some 17.1% of employed young people across the globe have stopped working since the start of the COVID-19 pandemic and those who have remained in work have seen their working hours reduced by 23%, according to a report from the International Labour Organization (ILO), published on Wednesday (27 May).
Commission mulls digital tax to fund Europe's multi-billion euro recovery
The European Commission is considering bringing back Europe-wide plans for a digital services tax in order to finance the bloc's €750 billion recovery fund, the executive said on Wednesday (27 May).
Ships, planes could help EU pay for virus recovery
The European Commission's €750 billion recovery fund could be covered financially by new sources of revenue, which include extending the EU's carbon market to the aviation and shipping sectors, the bloc's executive confirmed on Wednesday (27 May).
Von der Leyen proposes €750 billion stimulus under member states' grip
European Commission president, Ursula von der Leyen, proposed on Wednesday (27 May) an unprecedented stimulus of €750 billion, mostly through non-refundable grants, with governments having a crucial role in deciding how the money will be spent.
'Do no harm': EU recovery fund has green strings attached
The European Union's proposed €750 billion fund to help the bloc recover from the coronavirus crisis will have green strings attached, with 25% of all funding set aside for climate action, the European Commission has said.
Commission puts forward massive €750bn stimulus against corona-crisis
The European Commission will propose later on Wednesday (27 May) an unprecedented fiscal stimulus of €750 billion, mostly made up of grants that do not need to be reimbursed, to overcome the deepest recession in EU history.
COVID-19 lockdown: The EU leaders who didn't lead by example
In the UK and in many countries in Central and Eastern Europe leaders have shown lack of respect for the lockdown measures – the EURACTIV network looked into how some prime ministers and presidents have conducted themselves through the pandemic so far.
COVID-19 Pandemic Readiness: Let's not reinvent the wheel – European Medical Research Infrastructures are part of the global response [Promoted content]
The European Commission led a highly successful[1] round of funding for diagnostics, treatments and vaccines against coronavirus. These resources must be used in the most efficient way possible. The best way is via cross-border, multi-sector and multi-disciplinary research collaboration based on existing networks, to reach a scale of partnerships and coordination that has yet to be achieved during the COVID-19 crisis.
Belgians bicker over serological COVID-19 tests
In today's edition of the Capitals, find out more about France's €8 billion plan to make the car industry more 'clean', Lega chief Matteo Salvini not going to trial for last year's alleged 'kidnapping' of 161 migrants, and so much more.
BELGRADE – Journalists receive money despite ethics breaches
Since the start of the year, the publishers of Alo, Kurir, Srpski Telegraf and Informer dailies have been allocated nearly RSD26 million in co-financing competitions, even though in the second half of 2019, the Press Council had reported 3,900 breaches...
Romania to cancel nuclear deal with Chinese company
The Romanian government has asked state-owned energy company Nuclearelectrica to end the partnership with China General Nuclear Power Corporation for the building of two new reactors at the country's sole nuclear power plant in Cernavoda. Nuclearelectrica, which already operates two...


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Our ongoing research is focused on developing novel biomarkers for herbal medicines. Through this work we continue to refine our effective, evidence-based case for precision medicine. Our R & D focuses on Omics-based methods to develop novel botanical ingredients and enhance their effects.
Combination of our knowledge and the latest research on the mechanisms of actions and efficancy of medicinal plants is the foundation for the production of our phytotherapeutic medicines.
Our R & D facility is located at Uppsala Business Park, a stimulating life science environment that we share alongside major pharma and biotech companies.

subset: commoncrawl


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In this week's episode of MacBreak Studio, the guys return to Coremelt's SliceX plugin to remove a shadow and animate a tilt shift effect.
It was mentioned that we haven't done one of our big fat FCPX tutorial roundups recently. Let's fix that right now with range of videos from the quick tip to a detailed three part class.
In this week's episode of MacBreak Studio, Marks Spencer shows Steve Martin how to manage FCPX libraries using Final Cut Library Manager from Arctic Whiteness.
Filip Vandoorne has put together a very detailed guide on how to use libraries on an NFS filesystem. Could this be a much cheaper option to Xsan? Is desktop shared storage here?
So what happens if you want to take a large editing project on the road and use proxies only? Standby Mark and Steve with the answer in this week's new MacBreak Studio.
So you've edited a piece with music with a watermark or a low bit rate demo version. How do you go about replacing it with the full quality track without disturbing the edit?
In this week's episode of MacBreak Studio, the tracking masking tool Slice X from Coremelt is demonstrated. See how easy it is to selectively colour correct a moving object.
If you missed Michael Garber's Final Cut Pro X demos at NAB this month, don't worry. He's just published his multicam broadcast workflow online for everybody to pickup tips from.
A new episode of MacBreak Studio for a Tuesday and this week the guys take a look at editing Final Cut Pro X Titles using the Timeline Index and Find & Replace.
We are back from the Easter Break and back to the Final Cut Pro X news. Just before we packed up for the break, John Davidson from Magic Feather told us he has published a new FCPX On-Air tutorial and the finished edit.
There are many Final Cut Pro X editors out there who have never even opened up the Timeline Index. Steve Martin And Mark Spencer take a look at what it is and what exactly it does.
It might be NAB week, but the MacBreak Studio tutorials keep on coming. In this new episode the boys take a look at keyframes in Final Cut Pro X. (And Steve sticks his tongue out!)
Cantemo Portal is the Apple preferred Digital Asset Management tool for use with FCPX. Jonathan Eric Tyrrell takes a look at how the DAM handles Final Cut Pro X libraries.


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Emergency Dental Care Scottsdale, AZ
At Scottsdale Family Smiles, we provide emergency dental care that helps to restore a tooth that sustains damage from an accident or infection. If you live in Scottsdale or the surrounding area, we encourage you to save our phone number. Since there is no way to tell if or when you may have a dental emergency, putting (480) 607-6937 in your contact list can save you a trip to the emergency room.
Why we provide emergency dental care
We provide emergency dental care to ensure that patients can get the help they need right away. If you leave a damaged or infected tooth alone, you will risk the infection spreading.
Why should I visit you for emergency dental care instead of going to the ER?
While the physicians at the emergency room are skilled at treating health emergencies, they are not familiar with dental care. They can triage any problem that you have by helping to stop the bleeding, but they will not be able to restore a damaged tooth. Likewise, if you visit an emergency room due to dental pain, they can provide you with pain relief but cannot find out what is causing the pain and work to solve it. This is why you need to visit the dentist instead. Remember that even if you go to the emergency room, you will still likely need to visit the dentist anyway. Visit us for emergency dental care instead to save yourself the extra pain, time and money.
What types of procedures does an emergency dentist perform?
At Scottsdale Family Smiles, our team provides the same type of services that you can receive during a traditional dental visit. The two most common issues that we address during emergency dental visits are:
It is actually fairly common for teeth to sustain damage in an accident. The damage can be due to a standard car accident, workplace injury, sports accident or other situation. While most adults do not think about cracking a tooth while playing a pickup game of basketball – it happens. These casual everyday events can lead to sudden tooth damage and if they do, you need to be sure to repair the damage as soon as possible. While providing emergency dental care, we can fix a cracked tooth, chipped tooth or even a tooth that is knocked out.
If you need an immediate dental restoration in the Scottsdale area, visit our office. For fast results we can use dental bonding. This is a resin, tooth-colored material that can be placed on top of your tooth, shaped, and hardened using a special dental light. It can be completed in one sitting so that you can walk in with a chipped tooth and leave with a fully restored one. Other solutions like dental veneers and dental crowns are also available to correct damage but typically require two visits to do so.
We can also provide emergency dental care if your tooth has been knocked out due to an accident or has fallen out after becoming loose. If you can find the tooth, rinse it and put it in a cup of milk, then come to our Scottsdale, AZ dental office right away. There is a possibility that the tooth can be put back in your mouth. Otherwise, we can discuss replacement options that include dentures, a dental bridge, or a dental implant. All of these are possibilities that can appear completely natural so to learn more about them, call 480-607-6937.
Check out what others are saying about our emergency dental services on Yelp: Emergency Dental Care Scottsdale
With emergency dental care, we see a lot of Arizona patients that are suffering from a major toothache. This is a top reason that people seek out care right away instead of waiting for Monday or for the dentist to open in the morning. When a toothache strikes it can be debilitating and we can provide relief. The good news is that it does not have to be. At Scottsdale Family Smiles, we have found that most toothaches do not happen without warning. Typically, there are signs that can include discomfort when biting down, sensitivity to heat or cold, irritation when brushing or flossing, etc. If you sense any of these things, we encourage you to call (480) 607-6937 and schedule an appointment for a dental exam. We can examine your teeth, look for any signs of infection or decay and treat the problem before you go from moderate discomfort to a raging toothache. Our friendly Scottsdale staff can work with you to schedule an appointment that fits within your schedule so that you have no reason to delay in seeking treatment. However, if you do not come in right away and do develop a bad toothache, we want to see you.
One of the common reasons for a bad toothache is severe decay or an infection. To resolve this issue, we may need to perform a root canal. We can do this while providing you with emergency dental care. Since the discomfort is caused by the infection, removing it will help you to feel better right away. First, we will numb the area and provide you with anesthesia and then create a small hole in your tooth so that the infected portion of it can be removed. Once done, the area will be cleaned before it is sealed. We will do everything available to safely ensure that the procedure is comfortable. After we finish the procedure, you will begin to feel significantly better than when you first came in. Sometimes it is also necessary to restore the tooth with a dental filling or crown. If this is the case we can either complete that portion of the procedure immediately or schedule a second appointment to do so.
Call Scottsdale Family Smiles for Emergency Dental Care
If you live in Scottsdale, AZ or the surrounding area, call 480-607-6937 if you have any type of dental emergency. We will work to get you treated right away so that your discomfort can be relieved, your tooth restored, and your smile improved. We can also discuss any other oral health concerns that you may have.
Questions Answered on This Page
Q. What is a dental emergency?
Q. Should I go to the ER instead of the dentist?
Q. What should I do if I have a toothache?
People Also Ask
Q. If I hurt my tooth in a car accident, can I wait a day or two before seeking dental treatment?
Q. Can the ER treat any damage to my teeth?
Definition of Dental Emergency Terminology
- Abscess
- A dental abscess is a pocket of pus the forms in the tooth root from a bacterial infection.
- Facial Cellulitis
- Facial cellulitis is a condition in which an infection from an abscess or plaque in the teeth causes pain and spreads throughout the face.
- Impacted Wisdom Tooth
- An impacted wisdom tooth is a tooth that does not erupt from the gums properly that can cause pain and become infected without professional extraction.
- Irreversible Pulpitis
- Irreversible pulpitis is when the pain in the tooth occurs spontaneously or continues to hurt after the patient removes the hot/cold substance that was causing pain. Normal pulpitis will cease hurting directly after removing what is causing the pain.
- Lateral Luxation
- Later luxation is the displacement of a tooth that moves it in the wrong direction while it is still attached to the gums.
- Pericoronitis
- Pericoronitis is the inflammation of soft tissues surrounding a tooth that does not fully erupt from the gums and causes pain.
- Tooth Avulsion
- Tooth avulsion is when the tooth completely displaces from the socket due to an accident or other health issues. We can replant the tooth if the patient seeks immediate care.
- Tooth Fracture
- A tooth fracture can result from multiple sources including an accidental elbow to the face during a sports game, biting on something really hard, falling face first and more.
Back to top of Emergency Dental Care
Recent Posts
Why You Should See Your General Dentist For Prevention
Preventive measures from a general dentist can significantly improve a patient's oral health. It can also lower the chances that something bad might occur, such as a cavity or severe staining.Learning more about why to see a general dentist for prevention can be helpful to someone who is not sure what actions to take to…
General Dentist: Recurrent Decay Under Fillings
Your general dentist can use a dental filling to fill cavities. Fillings are often used to replace tooth structure that is lost to decay. They are also used to repair worn or broken teeth. Dental fillings may need to be replaced for various reasons including recurrent decay under them.Recurrent decay is tooth decay that forms…
Implant Supported Dentures Procedure Aftercare Tips
Implant-supported dentures have grown to be one of the more popular methods of tooth replacement, and with good reason. They are a hybrid method that combines dental implants with dentures, making for a strong and sturdy set of artificial teeth.Learning more about what to expect once an implant-supported denture procedure is complete can be helpful…
What Is Same Day Dentistry?
Learning about new dental technologies, which includes same day dentistry services, is something everyone should do from time to time. There is a constant focus on improving dental services and all with the goal of making it easier for dental patients to get any necessary work done in a quick and efficient manner. Now patients…


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It is good to make young children aware of what happens in the world and that they're privileged with the education they get. Of course this can and should be done in a light-hearted way. As school you can organize:
- A sponsored walk
- A charity-market
- A deposit bottle project
Does your school have it's own initiatives we will be thankful if you share.
For that you can fill in the contact


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dustinabbott.net »
This year Tamron has introduced a second lens in a presumed trilogy of fast zoom lenses for Sony. They've tackled the wide end of things with the Tamron 17-28mm F2.8 RXD (A046). Like the 28-75mm, they've chosen a slightly less conventional zoom range. In this case, it is a little narrower than, say, the Sony 16-35mm F2.8 GM lens. Tamron undoubtedly made this choice to allow them to create a smaller, lighter lens with excellent performance across its limited zoom range.
Read the full review »


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I can find shockingly little information about the procedure itself and the aftercare. Does anyone have any information they can share about what to expect day-of, post-procedure instructions and when you're out of the danger zone for a miscarriage?
I can find shockingly little information about the procedure itself and the aftercare. Does anyone have any information they can share about what to expect day-of, post-procedure instructions and when you're out of the danger zone for a miscarriage?
I'm so sorry you have to go through this. I'm not able to answer your questions, but I just wanted to pipe up and say I'll be thinking about you through this process, and hoping that it goes as smoothly as possible.
Same 💙
I don't have any information, I'm just so sorry. Thinking of you as you go through this.
I'm so sorry for what you are going through. You may find help on the twins board about selective reduction. There is also a mom who selectively reduced triplets who has a website. She would probably be of help. www.mother-to-one.com/
Hi! I'm also going through the same thing. Our twin boy has a rare genetic condition and our girl is healthy. I haven't been able to find anything about this procedure. We have an appt with MFM Wednesday to hopefully answer all of our questions. Good luck to you and I'll keep you in my thoughts and prayers. I know it's such a difficult thing to go through as both of our babies were soooo wanted. 😢
Hi. First, I'm so sorry that you're going through this. I'm not sure if this reply is getting to you before you've gone through the reduction, but I have had one and I can tell you about my experience. I was pregnant with triplets, and when I had carried my dd (dear daughter) previously, she was born early with growth restriction, so there was concern about my carrying three to term. I chose to reduce 2 of them. One of the hardest part was the wait, since they don't do it until 12 weeks. There's back and forth in your mind and concern about the procedure, as you have experienced already I'm sure. For the procedure itself, they first do a regular ultrasound (not vaginal) to see where the babies are. They then slip a needle into the uterus through the abdominal wall. I found this to be pretty uncomfortable, though many women do go through it for amniocentesis. You feel a kind of ache and a bit of cramping. Once the needle is in the right place (the heart) the doc injects the agent that will stop the heart. What I'll say is, make sure to find a doc who has done a lot of these. Mine messed up in two ways. First, she missed the heart of one of the fetuses and had to do it twice. Then she accidentally injected some of the agent in my abdominal cavity as she was pulling the needle out. Basically, it caused all of my organs to cramp, which was quite excruciating. I'm not trying to scare you. That is NOT a normal occurrence with these procedures and most times people won't report them. But it highlights the need for a good doc in this. In the end, I have a beautiful healthy girl. There is certainly emotional baggage that has lasted even to this day (4 years later). I can still see those babies moving on the ultrasound, and there are "what ifs". There always will be. I move forward with the knowledge that I made what I thought was the best decision at the time, and there is no changing it now. You, of course, have an even more solid reason for doing the reduction. It won't get rid of the emotions you will feel. My advice is don't be afraid to talk them out. It is normal to feel sad after the procedure and for quite awhile afterwards. It is also normal to feel a little relief, so try not to feel guilty if you do. Basically, whatever you feel is normal, because normal in this case can simply be a bit of a rollercoaster. So get a good doc, have some friends around for supportive listening/hugging, and try to focus on the amazing journey of bringing the other twin into the world, because it's fantastic. Best of luck and feel free to message me if you need any support from someone who has been through it.
I am sorry you are going through this. I am pregnant with triplets and wanting to explore all options. I can't find hardly any information on it let alone the doctors that do it. I've talked to our fertility doctor and perinatal doctors in the area and no one really can give us a straight answer. I was wondering how you were doing with everything.
I reduced from quads to twins 2 weeks ago. Am happy to share my experience if there's a way to send direct messages!


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Bill DetailsOfficial information provided by the Congressional Research Service. Learn more or make a suggestion.
The Congressional Research Service writes summaries for most legislation. These summaries are listed here. Countable will update some legislation with a revised summary, title or other key elements.
Emergency Supplemental Appropriations Resolution, 2014
Official Title
A joint resolution making an emergency supplemental appropriation for the fiscal year ending September 30, 2014, to provide funding to Israel for the Iron Dome defense system to counter short-range rocket threats.
(This measure has not been amended since it was passed by the Senate on August 1, 2014. The summary of that version is repeated here.) Emergency Supplemental Appropriations Resolution, 2014 - Appropriates FY2014 supplemental funds to the Department of Defense (DOD) to assist the government of Israel with procurement of the Iron Dome defense system to counter short-range rocket threats. Provides that the funds shall be transferred immediately only through an exchange of letters to address emergent operations in support of Operation Protective Edge, notwithstanding the U.S-Israel Iron Dome Procurement Agreement. Designates funding provided in this joint resolution as an emergency requirement pursuant to the Balanced Budget And Emergency Deficit Control Act of 1985.
joint resolution Progress
- EnactedAugust 4th, 2014The President signed this bill into law
- The senate Passed August 1st, 2014Passed by Voice Vote
- The house Passed August 2nd, 2014Roll Call Vote 395 Yea / 8 Nay
Committee on AppropriationsIntroducedOctober 3rd, 2013
- house Committees
Log in or create an account to see how your Reps voted!


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tv Closing Bell CNBC November 8, 2013 3:00pm-4:01pm EST
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the show. nice of you to come on. thank you very much, robert. >> how about the offensive miami line go to the hunger games park. >> i like that. >> the former home depot of social media go -- >> yes, very incognito. >> nancy. thank you for watching. have a wonderful weekend, america. >> "closing bell" is next. we'll see you same time, same channel, monday. >> hi, everybody, we're into the final stretch. welcome to the "closing bell." i'm maria bartiromo at the new york stock exchange where the week seems to be ending pretty well. rally mode once again. >> amazingly. i'm bill griffeth. was today's strong jobs number one of those rare cases where good news really turned out to be good news for the stock market? we have a good bounce today. feels like a bounce rather than a true rally. and the bond market hates it. it's already anticipating tapering. the yield on the ten-year has skyrocketed 2.75%.
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that has not hurt the stock market at all today. >> of course, the question is, does this bring on tapering? or is this just one month and we go back to further weakness signs next month. >> big question. >> we'll see about that. terrible images out of the philippines in what might be the strongest storm in reporteded history to make landfall. damage, devastation and sadly death from this extraordinary typhoon is only now becoming apparent. we have a live report. we'll take you there with the latest. >> 200-mile-an-hour winds as it made landfall. to put it in perspective, last year sandy was 80-mile-an-hour winds. that was bad enough. also we're following developments in the ongoing health care law saga, a day after the president's apology to those people who cannot keep the plans they would like. after all, word today the administration is now begun the process of giving many unions a huge break in a fee that was supposed to reduce premiums for everybody else. we have a live report from washington. with reaction and analysis on that as well. >> what a doment.
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let's check markets. what has been a really busy week. the dow jones industrial average, up 15698 on the blue chip average. nasdaq where we're seeing gains as well, pretty good bounce back from yesterday, after 52 point on the nasdaq. now at 3909. s&p 500 broad-based rally there as well. 17 points higher, about 1%. sitting right now at 1764. this market gaining back a good chunk of the losses from yesterday. bob pisani, what's behind this comeback? >> the strong october jobs report again is pushing interest rates up. that's your primary trend this week. we've had a couple of bad days where rates have moved up. and it's hurt interest rate-senses ive group. there's the primary effect we've seen in the jobs report today and some things earlier in this week. take a look at utilities, for example. you can look at some of the other groups, home builders, telecom, real estate investment trust, emerging markets there's the eem on the bottom, that's
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all affected. all down for the week, not just today. because of the idea the interest rates go up, you sell off the stock market. that's not really working today. yesterday we had the worst day on two months in the s&p 500, but sectors beaten up this week -- the s&p up two days. that's a nice u-shaped recovery there. recovering sectors biotech got hit bad earlier in the week, oil stocks, the xop, it's back. airlines got hit. it's bouncing back. the zillows and netflix, they're all bouncing back. another group helping things are the financial stocks. regional banks are bouncing back because when you have higher interest rates, it increases the possibility that banks could charge more for the loans that are out there. so, this rebound, i think, is a sign of some market strength, maria. every time you get 2%, 3% drops in the broader market, you just get an immediate rebound. good sign for the bulls who are
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arguing. you're not going to see a 10% drop in markets. they've been calling for a correction for a long time. we're not even close to it. back to you. >> thanks so much, bob. everybody gather around the water cooler. here we go with "closing bell exchange." michael yoshikami joins us, as does andres gar see it yeah, russ from blackrock and our own rick santelli. welcome to all of you. michael, 204,000 jobs created last month. why is the stock market ral lig if it increases the chances the fed will slow the morphine drip? >> well, because maybe earnings will start to pick up. maybe the economy is actually healing itself. i mean, at this point we really have a mixed bag. i mean, as you correctly point out when the jobs market comes in strong, obviously fixed income rates go up and that's bad for the bond market. i'm of the relief a recovery in
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economy, while it might be bad for bonds, is great for stocks. i think as long as the rise in fixed income yields is not so vertical, it's more of a gradual trend, i think it's supportive for the stock market when good news comes in. >> andres, let's talk about putting money to work. you've got a global story here in terms of low interest rates. the ecb lowering interest rates earlier this week. what's your take on europe versus euro right now? >> i think the timing of both the payrolls number and ecb lowering rates, which is not expected, is interesting because if we are going to taper here and potentially see the ecb have to do other measures next year, basically just pass the baton from the fed to the ecb to provide further stimulus. we actually like u.s. equity stocks, like european equity stocks. the area we'd be more concerned is the emerging market because they're more rate sensitive
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because the yield continues to rise. i think it's interesting to look at the first reaction of the market when the news came out. it was actually negative for equity markets. it's interesting. i think the market is a quick learn. if you think about june, the market sold off and took a whole month for the market to realize that if the yields are going up for the right reasons, that's not bad for the market. it took a lot less time for the market to rebound. >> russ, are you inclined to still be buying in this market as we sit here near all-time highs for most of the major averages? >> i think you can still buy. with a couple of caveats. i agree with everything that's said. i think stocks can go up. if rates are rising because real rates are rising, but there are segments of the market i would avoid. the rate-sensitive bond market proxy. no price utilities, staples, these are down. this is the parts of the market that reacting negatively if real rates continue to grind higher. those are the markets of the market i want to avoid and
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emphasize more of a cyclical companies that will benefit if we get some strengthening in the global economy and in the u.s. economy. >> so, what's the trade as rates start going higher? i mean, what is the strategy knowing that at some point these rates are going to bounce and, you know, even if we do 100 basis points, they're still talking about very low rates, but you'll see a move. >> i think that's right. i think you have to look for alpha. you have to look at cyclical stocks, industrials in the u.s. financials actually make more money when the yield curve steepens. there are sectors that will benefit from this and there will be ones that will not, such as utilities. >> rick santelli, 275, back to two-month highs but are we going back to that 3% peak we hit earlier than that this year. what do you think? >> i think so. and it was on this very show, a week ago wednesday, when we kept talking about that 2.47 in tens. you remember the day. that was the bottom.
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up about a baker's dozen on the week. if you look at various charts, whether it's the week, last fed meeting, last time up at these levels, i pretty much disagree with almost all the guests. especially bob pisani. he says, we're having a bad day because rates are up. it isn't about whether rates being up are bad or good. they're inevitable. what central banks are doing will make the adjustment normalization process much more aggressive, in my opinion. whenever you get days when you get pretty decent data like today, the upside of rates is going to be bigger than days when you don't get great data in term of how they move down. and i don't think that adjustment period, that inevitable normalization is going to be very well liked by areas like stocks. but i only think that's an interim period. i think eventually it will be okay. i wish the fed could see it that way as well. >> so, are you guys betting that the fed begins tapering sooner rather than later? >> as a result of a report like today's jobs number? >> i'm not.
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i'm not. i'm of the belief that the tapering is still going to happen after whatever happens in january with the budget mess. i think that the fed understands the politics, the dysfunctional politics we have in place. we have a transition of the chairman to the chairwoman. so i don't think it's going to be sooner than later. i would be very surprised if they did anything this year. and i think that in all likelihood it's going to be more -- closer to march. >> bill, isn't the real question whether they do or not. if you have a lot more days like this, isn't it kind of a moot point? >> right. i mean, at some point the fed starts to play catch-up, as is usual, right? andres, what about you? >> i think march at this point is the highest probability of it happening, but it's not a question of when, it's if. we know that eventually they're going to have to. march is forward looking and i think the market is up for that today. >> you think things are getting better. does it come sooner than march, given today's report?
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>> to a certain extent politics come into play where you have january and february, potentially a debt ceiling discussion. i think the fed might use it as an excuse to wait until march. >> who's jumping in there, sflus. >> i think the more interesting question rather than when is how. it's not just a matter of do you go from $85 billion down to $75 billion, what else occurs? i want to know the distribution between treasuries and mortgages. my belief is they'll cut back in treasuries. do you also get a change in forward guidance? it would be a big sweetener for the market, fen auto you get a tapering, even if there's change in forward guidance. >> i have 20 seconds left, rick. i'm stunned you haven't even broached the subject of whether you believe today's jobs number. >> i'll tell you what i believe. the government shutdown would have basically raised the unemployment rate by 0.3. the big drop-off based on labor force participation rate neutralized that. it would have been 7%.
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now, the point s does that drop like all the other drops based on not counting the unemployed is not a good thing, especially when the fed is using that unemployment rate when they're using it to decide qe or interest rates. >> thanks. we appreciate it. 50 minutes before the closing bell sounds for the day. a market holding onto double digit move up 9 6 points on the dow. >> stocks are bouncing back today. we'll hear from somebody who says this market had better brace for a correction and soon. but is that a healthy thing for this stock market? we have a contrarian viewpoint coming up. also, could the surprisingly strong october jobs number force feds to consider that tapering as soon as december, a week before christmas? >> merry christmas, everybody. a day after the president's health care law apology, a new story that could boomerang on the white house. the white house may be on the path to giving many yuns a free pass on an obama care fee that was supposed to keep premiums
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welcome back. big jobs number today, 204,000 jobs created last month, greatly beating expectations. >> it has some wondering if it could speed up when the fed cuts back stimulus, especially if we get another jobs report like this one next month. joining us with their disagreement, craig from vining sparks says it will be january when this happens. they'll start to cut back. larry mcdonald from new edge usa says it won't be until june. and cnbc.com jeff cox says, it doesn't matter when they will begin tapering. craig, why do you think it happens sooner rather than later? >> good afternoon. i think you have to remember a couple of things. first of all, there's a group of people on the fed who want to end asset purchases because they're worried about financial stability. the longer they wait, the worse that problem gets. secondly, there's a group that wants purchases to be data-dependent. at the june meeting whether they were ready to taper, three-month payroll growth was at -- today
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it's at $202,000. if payroll growth is better, you better go ahead and do it. the third reason, sequester cuts are not crushing economy. we saw that in third quarter gdp report. fourth reason, government shutdown did not crush the economy. every meeting they don't taper, the markets grow more and more concerned they can't taper. so i think they want to taper sooner rather than later. >> larry, you don't think they will. you think they'll hold off on the taper. >> i don't think with a new fed chairman coming in, ms. yellen, chairwoman, i don't think they taper before she comes in in late -- probably late january/early february she'll number her seat. >> march will be her first meeting. >> yeah. so, in other words, i don't see any taper possible before that. also, the economic data, if you look at the overwhelming majority of the economic date tashgs you look at goldman economic surprise index, that's been in a two-month low recently. a lot of data has been soft. there's not enough evidence of
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recovery yet. and this time last year, we were doing well over 200,000 jobs a year. over the course of a year, we've had mixed jobs data. i just think we get a taper until may to june, maybe evlate in the year. >> wow. >> this is what i love with economics. can you do whatever you want with statistics here. >> jeff, why do you say it doesn't matter when they begin tapering? >> look, i think that the market has kind of moved past this whole taper scare. i think that's what happened back in may when bernanke first raised the issue. i think the big thing you look for is just -- the market reacted, you know, kind of knee-jerk back in may. i think they've come to grips with the fact this taper can come any time. that's not what's driving things. one of the guests from the past segment talked about forward guidance. interest rates is what it's all about. i reported this week, and i feel very strongly that the fed is going to lower -- going to
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extend forward guidance and lower that threshold for the unemployment rate. bring that down to maybe 5.5%, 6%, before they even consider raying interest rates. i think the other thing is, just qe3 hasn't had that much to do with the market moves. i really believe it's been stock market buy backs. it's been cheap financing. the market just wants to see some stability in the rate structure. and the taper thing to me is just subtrafuge. >> what about to mark's point, it gets out of their hand -- >> and they lack credibility. >> the credibility is a whole different point. i agree with that very much. i think that's why they may go ahead and taper. my initial thesis is that the taper is not going to be a big market-moving experience. i just believe the markets -- if they want to taper in december, if they want to taper in march, that's fine. what they're going to be looking for is to see highway does the
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rate structure work here. i think the fed is almost getting to the point where they're emboldened, where they just don't see those -- we're continuing to cook the books as far as inflation rates go. they kind of just feel like, look, we can go out as far as we want. also, please, guys, remember, open-ended. those were the words used for qe3. so, if they do taper and something goes wrong, they'll just turn it back around again and turn the presses back on again and keep printing again. >> reopen the spigot. >> absolutely. >> two things coming up -- one, larry points out this transition between bernanke and, perhaps, yellen which doesn't happen until after the first of the year, and budget battle comes in the middle of february. do you think they risk tapering as they worry about fiscal rangeling in washington? >> great points. one thing to remember, because it's yellen, we expect to see consistency in monetary policy
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transitioning from bernanke to yellen. had it been summers, it would have been a bigger issue. as it relates to the budget battle, absolutely, the fed cannot become a slave to fiscal policy decisions. they have to make monetary policy decisions on their own accord. so, they can't let that become a big factor. obviously, they have to take that into consideration. they can't just put off tapering because of that. they have to be beginning it at some point otherwise they lose credibility. to follow up on one thing that jeff said, what's more important, rather than when did they start tapering, is when did they end purchases? i don't think the market thinks they'll end them any time soon -- >> that will take a long time. >> go ahead, larry. >> since we started qe, since we started qe1 in november of 2008, there have been three months in that entire period where they haven't been buying bonds, reinvesting cash flows or extending the duration of the portfolio. only three months. it's pandora's box. they opened it and they can't
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get it back in. >> last word to larry. >> i would say, the key is, viewers watching us want to know how to trade this. one thing i can say with 100% certainty is the market has been wrong every single time on taper expectations. they were wrong in may. the market thought in may we had qe infinity. they were wrong in september. two weeks ago they were wrong again. they moved it out and now it's back. in other words, the way to make money is to actually fade these different moves. i'm a buyer of bonds right now. bonds have sold off hard. as the taper has moved back up. the expectations have moved back up. if they go back out again, bonds will be a great buy. i'm a buyer of gold names here. gold miners in the gdx. both of those two indices, investments will do very well if the market's wrong about the taper move up. >> gentlemen, great stuff. thank you. >> thanks so much. >> thank you, you guys. >> appreciate it. heading toward the close. 40 minutes left in the trading
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session. rally continues, up 140 points on the dow jones and s&p is up 16.5 today. i'm excited about the next segment. what do the numbers really tell us? is the economy improving as the jobs report seem to indicate? we'll get word from the ground as we hear from enter continental division head. mobile device use has tripled in the past two years. companies are certainly noticing, racing to get kid-friendly tablets to market. the question is, should kids even have their own tablet? both sides of that issue still to come on the "closing bell." le le le le store and essentially they
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welcome back. big rally on wall street. s&p bouncing back after a worst decline in a long time. dominic chu breaking down the stocks driving this. >> leading the way are the financials are the expectation that higher interest rates will translate into stronger earnings. jpmorgan chase, wells fargo, citigroup and b of a all up 2% or more. you take a look at santarus after they were agreed to be bought for $32 a share. this deal gives it two now gastroenterology drugs to strengthen its leadership. salix is up 12% on that. disney moving higher after posting better than expected
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quarterly earnings boosted in part by strength in theme parks. on the flipside, there's twitter which fell on second day of trading. hudson square began with a sell rating after pivotal research downgraded from a sell to buy on worries the stock had gotten a bit too expensive. back over to you guys. >> thank you so much, dom. october employment report exceeded expectations today. one industry seeing great need for labor is the hospitality sector. it's forecasting to add 1.3 million jobs by 2020, according to the u.s. census bureau. our next guest's company is one of the largest hotels in the world. needing to add 30,000 employees over the next year. >> that's just in the americas. the president of ihc america's president. >> good see you. >> it's suggesting we're seeing a pick up in the economy. you're in an
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economically-sensitive area of the economy. do you see that pick up as well? >> we certainly see the pick up. the hotel sector has been growing quite nicely. we saw the largest demand in july on a peak to peak from 2007 in terms of occupied rooms. >> so, are you actually seeing foreigners? is this domestic or foreign money coming into america? characterize what kind of boost you're seeing in terms of economic vitality. >> sure. it's a combination of both. one of the things that certainly we've done a lot of work across the hospitality sector working with the current administration is to boost the amount of inbound travel from parts across the world working on visa waiver and visa application processes. but it's also domestic travel, leisure and business travel, that has been building. >> i was going to ask you to break that down, business versus leisure. what about these 32,000 jobs you're going to need to fill here in the americas. can you give us a little perspective on that.
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>> certainly the hotel sector is doing its part to try to add jobs to the economy. and ihg is growing. you know, we'll be adding over 400 hotels over the next few years in just the u.s. economy alone. each hotel generates anywhere from 75 jobs on up. importantly, though, it isn't just about jobs. it's about careers. one of the things ihg does exclusively is work what we call the ihg academy. we partner with local organizations and we're collaborating like with goodwill industries. therefore, people can go and get skills and knowledge about the industry and improve their job prospects. certainly, our hotels work with those organizations and put them into the hotels for great opportunities. >> so, what kind of jobs are we talking about? what jobs are you hiring? >> they range from the hourly employee you get to know and
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enjoy when you check into the hotel and have that friend tli smile. also includes house keepers. also, it's management roles as well in our hotels. we need jobs of all different types. the industry can, therefore, be a great source of stimulating the economy by being able to not only address job growth, but also to address some of the underemployed individuals that are looking for other prospects in terms of their careers. >> let me ask you about -- you know, when i travel around the country, stay at various hotels and motels, depending on where i am, i notice this slicing and dicing of the hotel brands that exist. we just showed some of your brands. the holiday inn express, marriott has sliced and diced the same way. hilton has done the same thing. are we overdoing that? do we have too many overlapping hotel chains in this country that we're dropping right now? >> well, what ihg is doing is really looking at what your needs are when you travel away
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from home. what is your stay occasion? for holiday inn express maybe you're looking for a great value, an overnight stay. it's a rest and it's a go. on the other hand f you're staying in a crown plaza hotel, no doubt you're there for a business meeting. no doubt you're traveling for success. and we'll cater to your needs as a business traveler but also make sure you have a great night's stay and a great experience. so -- >> but does that have an impact on your margins? i noticed some of your rev par in some areas has leveled off to this point. is there just so much competition you guys are beating each other up on price right now? >> no. no one's beating up each other on price. certainly, if the consumer is getting good value, the consumer continues to use a lot of different booking mechanisms that are available both through the brands and other services. there's a lot of transparencies in terms of what's available out there. it's about value. it's really not about price. it's about delivering a great guest experience. so, people will return to your
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hotel and to your brands over and over. >> we'll leave it there. kirk, good to have you on the program. thanks so much. >> thank you. >> thank you. >> we'll see you soon. 30 minutes before the closing bell sounds for the day and the week. busy week. market's up, up 114 days on the dow. >> is the white house considering allowing some unions to avoid a key tax that pays for a big chunk of obama care? this after the now famous presidential health care law apology of last night. we'll go to washington and get that story and both sides of the issue coming up. also ahead, blackberry's new interim ceo getting a relatively low base pay but stock options potentially worth $85 million. >> way to go, john chen. wow. >> we'll hear from somebody who says that kind of pay for performance is exactly what more companies need to implement. stay with us on "closing bell." clients are always learning more
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it looks like last week hhs started the bureaucratic process toward removing -- exempting some unions and other organizations from what they call the reinsurance fee that's part of this overall obama care effort. is what they're saying is they floated a proposal that would exemptd certain self-insured from the obama care reinsurance fee. hhs says self-insured, self-administered plans could include plans offered by some large employers, such as city and state governments, universities as well as by some multi-employer plans. multi-employer plans, that's unions. administration officials say this could benefit some unions, but it also could benefit some people who are employees of state and local governments, university employees and others, but of course if you look at that pool, that's a pool of people who tend to vote democratic. so, that's what's got critics up in arms. a lot of critics say this is a bone thrown to unions.
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administration says, no, no this is simply something they have to do under the law to define who has to pay this so-called reinsurance fee. it's complicated, bureaucratic stuff but that's where this battle is being fought. it's a political and financial battle, bill. >> why can't everyone just avoid the fee? how come it's just these portions of people? >> right. the fee is in there in order to balance out the overall payment plans and to balance out some of these insurance programs. so, they say they need to have this fee but they needed to define who needed to pay. that's where the rubber meets the road in terms of the bureaucracy. have you to have the fee that the law requires to you define the population that has to pay it. when you define it, you're including some people and excluding some people. in this case, they're including some people who are members of unions and also some others. that's where this firestorm has come from, is whether or not that is an unfair benefit to unions by exempting some of this from this fee. >> got that? >> yeah. >> yeah. >> complicated. >> very easy to understand. i'm sure i explained it very
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clearly. >> no, it's not that complicated. you explained it perfectly. we get it now. >> let's dig deeper, though, with two sides of this story. >> rick berman executive director of center for union facts. jared bernstein is a former member of president obama's team and a cnbc contributor. good to see you. so, rick, if these sffees are n paid, do premiums go up. >> did you ask that of me? >> yes, rick. >> if these fees are not paid, the rest of the people who are in the pool, this is a pool of $25 billion are obviously going to have to pay more and they're going to have to subsidize the unions that are going to get pulled out of these plans. make no mistake about it, most of the people who would be affected by this are people in the taft/hartley plans, i heard the comment about state and local universities. this is mostly unions.
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if you want to think about unions, think of construction unions. this is where most of the impact is. >> jared, come on, this feels like politics. there's pay back, helping out some contributors. why extemperature these unions in this case? >> i certainly agree that it feels like politics. let me correct, though, a misimpression. the vast majority of these unions or taft/hartly plans, especially the construction ones rick just mentioned, are not self-administered. they have third-party administrators so they won't be exempt. we can argue if this is a political goody. i got news for you, political goodies happen and none of us like it. this is very, very small beer. if you think this is annex obama scare scandal, you're wrong. the fundamental funding of affordable care act does not depend on this reinsurance program. in fact, harry reid proposed just what maria bartiromo proposed, which is to put it off for a year or two and the republicans said no.
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>> doesn't this undercut the revenue to be raised by the new law? >> it only undercuts the revenue for the re-insurance plan, which is a temporary three-year measure to help protect insurers who have a lot more customers but probably more sick people, so they want to backstop re-insurance plan and it will very partially, partially undercut that. >> we may disagree with the concept of exempting certain entities in this case, but are we making too much of a small portion of the revenue stream, as jared suggests? >> all of these are small in the sense that taxes on anybody are not so confiscatory that it falls apart. you're talking about roughly $180 million over a two-year period which is 2015 and '16. if you think $680 million is a small number, then you're probably going to get an argument from some other people. the key here is all group plans are having to pay these taxes. whether you're in a company group plan or any other group
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plan, the only people who get subsidies are people in the exchanges, but the taxes are paid by all these plans. and the unions don't to want pay the tax on their plan. that's what it comes down to. >> jared, they wanted more than they got here. >> that's exactly the point i was going to make. in a sense, you could argue the white house gave the unions considerably less than they asked for because what they really wanted was to be able to -- even though they had self-insured plans, they wanted to be able to go into the exchanges and get the same kind of subsidies that folks up to four times the poverty rate are getting in the exchanges and the white house has said no. >> yeah, but you can't exclude certain groups from paying a tax. i mean, how do you justify that? >> maria, you know, at the end of the day, let me agree with jared, which is one of the first times in my life. >> yuns went in there, but this is everybody getting screwed by this law. nobody is happy about it.
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you even have the president apologizing over it. >> look, i actually agree with maria's point. if you're going to start going after tax exemptions, how about exemptions for capital gains and -- there are so many loopholes. i'm not justifying this one or any other but it's funny to hear you get upset over this small and not getting too put out about the trillion dollars of tax exemptions -- >> wait a minute. >> i have been pushing for tax reform for a long time now. we all have. how long have we been talking about it and nothing gets done in washington. i'm sorry, but -- >> what loopholes would you close? >> we're in a political climate where obama care is under a white hot spotlight. and the big issue was how are you going to pay for this when it's finally passed. it's passed and now we find these little germs in here that exempting certain entities from paying, so why put yourself out
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there and leave yourself vulnerable to criticism when everybody's watching -- >> you know it's not right up. know it's not right. >> i think you both make a very fair point. what i will say is that, remember, they're not getting what they asked for. we're getting a very small piece of it here. and the basic tax mechanism that fund the bill are still whole and complete. let's not overdo this. but your underlying point about a favor here, i think, yeah, i think you have something there. >> wow. bernstein and berman agreeing. >> wow, they actually agree. gentlemen, thanks. >> thanks, guys. >> have a good weekend. heading toward the close. 18 minutes left in the trading session here. we're actually strengthening right now. the dow's up 132 points. the nasdaq up 56 points after that drubbing of yesterday. a lot of volatility among technology stocks. >> that's where the momentum has been. momentum stocks have been losing -- losing momentum recently. up next, find out if that could be a warning for this market. >> also ahead, why watch a college football game with ordinary announcers when you can
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do it with a coaching legend instead? >> going to run the pistol on them. release it back ut of the backfield, all five out, crossing route. >> barry switzer himself cashing in on the second screen strategy. it's web casting his game commentary and tweeting at the same time. how does he do that? think mystery science theater for college football. he even has big name sponsors. and he doesn't have to pay a dime to the ncaa. jane wells has the new way to watch football later on the "closing bell." wow...look at you. i've always tried to give it my best shot. these days i'm living with a higher risk of stroke due to afib, a type of irregular heartbeat, not caused by a heart valve problem. at first, i took warfarin, but i wondered, "could i up my game?" my doctor told me about eliquis. and three important reasons to take eliquis instead. one, in a clinical trial, eliquis was proven to reduce the risk of stroke better than warfarin.
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where is the big mode? momentum stocks at nasdaq have been driving this rally all year. some of those names have had a rough week. >> sheila looks at what that means for the broader market right now. >> hey, guys, let's talk about this lousy week for momentum losers. tesla topping the list, down more than 15% this week. a one-two punch of weak earnings and also a fire in one of their cars. green mountain coffee/baidu, and regenron rounding out the list. these momentum stocks have been
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driving up the market. tesla up 40% year to date despite the pull back this week. here's also why it matters. momentum is usually a sign the market may be shifting, especially if you see a breakdown in momentum stocks. i've been talking to a lot of traders this about. they say it's a move they're watching very, very closely, watching the quality of the flows. we may not see a pull back in the market until next year. remember, fourth quarter for stocks is pretty seasonally strong so traders don't think we'll see a bunch of a pull back right now. watch out next year, especially when you see momentum names lose steam. how do you play all of this? stock redler says now is the time to be light and flexible. he reminds investors cash is a place to be in. mark wolf at gray wolf capital told me, when you're talking about the nasdaq, have you to be careful here. we are definitely seeing signs things are getting bubbly, maybe hitting a top. he's looking at nasdaq 3200 as
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next stop down. that's 4.5% pull back. perhaps some room for some names to go down more, you guys. >> sheila, thank you so much. >> we have ten minutes before the closing bell sounds for the week pap a market holding on strong. in fact, it was this time yesterday, decelerating. we saw selling accelerate and today we're seeing the opposite. >> which was krshgt, the selloff or big gains today? opportunities aren't always obvious.
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breaking news with tyler mathisen. >> an entering story out of australia where vodafone australia has confirmed reports that an ipad burst into flames in a store in canberra causing the fire department to be called in and the store to be evacuated. this after the device, which was connected to a charging port,
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apparently malfunctioned and burst into flames. again, vodafone confirming this report. we've reached out to apple. no word back from there. though there are reports that apple did pick up the device to see what the cause of that malfunction was. so, the store evacuated, no one hurt. this, of course, coming on the heels of yesterday's report about that tesla device battery that burst into flames in that car. bill, back to you. >> what is going on. >> yeah. >> thank you. >> thank you so much, ty. >> at least nobody was hurt. >> we want to oint out, this market is moving higher. $1 billion to buy at the close here. we'll probably end higher than we are right now. joining us, david darst, j.j. burns from j.j. burns and company. what's going on with this rally? >> this is the what's not to like market. >> they love the jobs report. >> china doing better, pmi, european central bank -- >> cutting rates. >> the jobs number came in
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nicely. upward revision bill by 60,000 jobs. >> august and september, sflit. >> what you really need to see is the consumer to kick in. that's been the laggard. with the jobbing doing better -- now, you had the consumer confidence fall off a cliff from 80 down to 71 on the conference board number this past week. this is the what's not to like market. we've said enjoy, it but it's a little too quiet. anybody with parents, it's like kids playing upstairs where there's no sound. >> what about that, because the truth is, as-s we went into the fourth quarter weaker than we thought. we had the government shutdown. we know retail has been under pressure. do you believe this, that you want to put money to work here? do you actually think we are receiving better economic data. >> i think the economic data is positive. what's happening is pundits are looking at glass half empty. the jobs report is exceptionally good. people are not looking in the
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last two months. last two months have shown increase of revisions going higher. in addition, the gdp number of 2.81 looking like 2.9 when you round it up. the reality is, is that people are having wages come up a little bit higher. and also coming to the holiday shopping season, you have gas prices down 35 cents, which pulls in millions if not a couple billion worth of money into the economy. >> morgan stanley to europe, to u.s. and to japan, maria. we added all three on the equity side. >> europe -- >> i don't want to be too wonky but 12, 13 points away from the all-time high on the dow on this jobs report, but yet the bond market is acting like tapering could be sooner rather than later. >> usually the market would sell off on a december taper. this is great news. watch out for a mult-up. be prepared to leave the party if it starts to get too crazy between now and year end.
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>> we're not there already? >> you've seen the ipos. >> we're talking about 15 times earnings right now. when does it become too expensive? >> i think you've got a lot more to go. looking at forward earnings going forward, you could have mu melt-up. about 10% or 11% return. in addition to the global area, more investment happening in europe. albeit, negative sentiment that happened with pull back in business and business continuation planning. but the reality is, is we have $70 billion of debt that's been -- that's come come on to existence in emerging markets. emerging markets are starting to sizzle up. this is not just happening domestically, it's happening internationally. >> that's why you say -- >> va absolute men and women, veterans day, 12.5 million people have served in uniform for the united states, including
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females. >> thank you, gentlemen. >> we'll be back with the closing countdown. >> are we on the verge of a correction or not? somebody here says yes. even though that means the dow would need to fall nearly 1600 points. he says, it will be healthy for the market. capital to make it happen? without the thinking that makes it real? what's a vision without the expertise to execute it... and the financing to make it grow? whatever your goal, it can change more than your business. it can change the future. that's why, at barclays, our ambition is to always realize yours. because what you don't know, can hurt you.urance. what if you didn't know that posting your travel plans online may attract burglars? [woman] off to hawaii! what if you didn't know that as the price of gold rises,
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[ bell ringing, applause ] five tech stocks with more than a 10%... change in after-market trading. ♪ all the tech stocks with a market cap... of at least 50 billion... are up on the day. 12 low-volume stocks... breaking into 52-week highs. six upcoming earnings plays... that recently gapped up. [ male announcer ] now the world is your trading floor. get real-time market scanning wherever you are with the mobile trader app. from td ameritrade. welcome back. where you been?
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you missed the melt-up. the dow up 153 points. we're in record territory all of a sudden. this is for the week, for the week, up less than 1%. still, if we stay right here, we need to be at 15,746.88 to hit all-time high. we talk about twitter yesterday. what about today? pulling back. down almost 8% right now from yesterday's close. we're at $4 1.34. warren myers, what is going on with this melt-up. >> mirror image of yesterday. twitter was strong, overall market sold off and now it looks like a complete reversal. it's very interesting. i think when the jobs number came out this morning, the nonfarm payroll number, people a little concerned that that might be a push for tapering. >> bond market embraced that idea. >> exactly. >> are you skeptical of this rally? >> i'm not skeptical at all. we were talking, next week with light economic data here in the u.s. with this kind of momentum today, we might have a
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continuation in the next week and nothing to stop it. >> thanks, warren. we are finishing very strong. we will be in record territory for the dow industrials. we didn't see that coming 15 minutes ago. it's been just in the last few minutes. stay tuned. one of our guest says a correction is exactly what this market needs. that's coming up on the second hour of the "closing bell" with maria. have a good weekend. >> and it is 4:00 on wall street. do you know where your money is? hi, everybody, welcome back to the "closing bell." i'm maria bartiromo on the floor of the new york stock exchange. stocks soaring as the dow closes at another all-time high. momentum picked up in the final few minutes of trading. dow jones up 167 points tonight in unchartered territory of 15,761 and change. an all-time closing high for the blue chip. nasdaq up 61 points, big day on top of the drubbing it took yesterday. up almost
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Re: [Amel Yacht Owners] Re: 4JH4-HTE TURBO MALFUNCTION
David Pawley
toggle quoted messageShow quoted text
Alex, What is a carter.? It appears that your rotor got stuck, by debris around the turbine, provided water didn't get up to the turbo bearings. It may be worth a test run of the Engine. Without load initially, use screw driver as stethoscope, listen for bearing noise, add alternator load. If you have the confidence then, you may risk a sea trial. There is a risk if you ran up the turbine (They spin at incredible revs ~30000RPM plus) a fail at 50% load, would be a unpleasant event and probably require turbo replacement, it sound like you are up for Turbo replacement anyhow, so unless I miss understand you risk little. Good luck.
On 30 June 2014 05:00, alex.paquin@... [amelyachtowners] <amelyachtowners@...> wrote:


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And while it should go without saying, since it is the point of Convergence, it's just wonderful to be face-to-face with all the amazing, creative, bohemians that I usually only get to interact with on-line. I'm bursting with inspiration at the moment.
The challenge, starting tomorrow, will be not letting the "culture of excellence" at the day job deflate my inspiration.
Oringinal post: http://mbarrick.livejournal.com/809837.html


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Yes, totally. It's for visual only, and is visually awesome. This is a large proportion of the Total War series imo.Nigrinus said:
Humans, Dwarfs, Orcs, Chaos, and also some skeleton units should carry banners and flags. It is a visual aspect only but on every picture for marketing purposes you see banners (not game engine pics of course). Would be truly awesome to have them carry not only one banner but a couple like here
or there
Can't blame some players think TW:W is so barebone compared to previous titles. I agree too.Merwanor said:
It is weird that things such as unit commanders and standard bearers is not in this game. It is very standard for the TT and previous TW games have also had it. I really hope they implement it. Something just feels wrong when you research a tech that is supposed to add musicians and standard bearers. But there is no visual aspect to it.


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from ostomies and parkinsons threads
There is also a Rexall drugstore in the same town as the shoppers I go to. My inlaws go to that one, and seem to be happy with their quality of service.
Maybe you could explain a bit better what you are trying to find out with your inquiries?


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Once upon a time, there were four queens.
The sheltered queen learned that she did not need magic to be brave.
The mortal queen learned that she was worthy of more.
The almighty queen learned that limitless power has its own constraints.
The last queen looked in the mirror and decided she would bend the world to her will.
A SIGH of wind snuffed out the campfire. The darkness in the belly of the forest was as dense as the black soil underneath my bedroll. I went rigid, listening to the rustle of footsteps and the rattle of rasping breaths. Enemies were near.
My elicrin stone held reassuring warmth from nestling against my breastbone. But magic couldn't guarantee my escape from the soulless creatures prowling in the shadows. When I opened my mouth to utter a spell, no sound emerged. No light burst from the stone. My head felt too heavy to lift.
A blight with sallow, sore-ridden skin and milky eyes approached, raising a jagged blade to ram it through my quick-beating heart. The creature drew so close I could smell its putrefying flesh, the scent of dark magic unbridled. Yet I couldn't react, couldn't move. I could only hope my death would be swift.
"Glisette?" the blight said in a cheery voice.
I gasped and heaved awake, terrifying my younger sister, Perennia.
Cold sweat dampened the satin sheets twisted around my thighs. Shafts of light from a flaming sunrise melted through gaps in the powder-blue drapes, skimming over gilded furniture and velvet upholstery. I was at home in the palace at Pontaval, not in the woods at night or in the throes of a bloody battle.
Months had passed since I'd helped to overthrow the Moth King, but the most harrowing memories of the journey still stalked my sleep.
"Sorry!" Perennia squeaked, holding aside the embroidered canopy that surrounded my four-poster bed. "Oliva said to tell you the mayors of the border towns have arrived."
With an irascible grunt, I swung my legs over the edge of the bed, brushing strands of blond hair from my face. "They're early."
"Was Oliva afraid to wake me?"
Perennia's honeyed curls bobbed as she nodded.
I could hardly blame my head maid, not after I'd accidentally unleashed a spell last week that had flung her across the room and into my open wardrobe. My heaps of flouncy dresses had padded her fall, but since then Oliva had been skittish when it came to waking me.
I pounced into action. A year ago it would have taken me hours to prepare for a social engagement. Sometimes I missed the simple luxury of pruning in the scalding water, dozing off as a maid's gentle fingers sifted through my long locks. Now I barely took the time to use a comb and mouth rinse before throwing back a swig of tea and hurrying off to whatever appointment awaited me first, pursued by Oliva and her flock of underling ladies-in-waiting. I could hardly even visit the lavatory alone for all the guards and servants tailing me.
Nothing had been the same since the day I told Uncle Mathis, in no uncertain terms, that I was stepping into the role of queen of Volarre and forcing him out.
One of the maids broke formation to scuttle ahead and open the door to the meeting chamber—I hadn't opened a door for myself in months either—revealing my chief advisor sitting at the marble-top table with a group of strange men.
"I present Her Majesty, Queen Glisette Lorenthi," he said.
As the mayors stood to bow, their gazes coasted over me, moving from the misty lavender chalcedony at my throat to the silver crown on my head, landing in unison on the scar that slashed over my right eye from forehead to cheek.
"Gentlemen," I said, scooping the skirts of my sapphire dress—a bit modest for my taste, despite the plunging neckline—to claim the head of the table. They took their seats. "Once again, I profoundly apologize for the decisions made by my uncle and elder sister, which brought food shortages to your towns. How are the assistance programs faring?"
"They're helping, Your Majesty," answered the man to my left, who looked too youthful for his silver hair. "The problem is that when Prince Regent Mathis tripled the tolls, the produce vendors who cross the border to our markets raised their prices."
"But we've decreased the tolls," I pointed out. "They're even lower than before Uncle Mathis raised them."
"Yes, Your Majesty," my chief advisor said, "but the vendors fear the crown might raise them again on a whim."
I was grateful for Hubert, who patiently filled in my gaps of understanding. My younger brother, Devorian, had been coached to take the crown while my sisters and I learned etiquette, languages, and, of course, elicromancy. As queen, I was forced to countervail my years of deficient governing studies with tireless initiative.
"I'll sign a decree guaranteeing that I will not raise the tolls for a decade," I said. "We'll have a ceremony in one of your towns."
"A bold idea, Your Majesty," Hubert said. "But it doesn't solve the immediate problem that many poor Volarians cannot afford food."
A blush of embarrassment bloomed behind my cheeks. In moments like these, I missed my old life—but not sprawling in the lap of opulence and reveling in a lack of responsibilities. Instead, strangely, I longed for my time trudging through the wilderness, scared, hungry, thirsty, sore, and wounded, but driven by a singular purpose.
The quest had been arduous, but with only one goal: deliver Valory Braiosa to the Moth King's court so that she could kill him before he destroyed Nissera.
The upheaval that necessitated the quest had happened so swiftly that I'd barely had time to second-guess my decision to join.
First, Valory had touched the Water—the ancient source of elicrin magic hidden deep in the woods—without permission from the Conclave. But unlike others who had tried before her, she did not die. Nor did she receive an elicrin stone, which would have bestowed upon her a magical gift. Instead, she had dried up the Water and gained a destructive power that looked nothing like elicromancy.
Meanwhile, my brother Devorian had come into possession of a pearl tablet inscribed with an arcane "awakening" spell written in an ancient, forgotten language. Though Devorian was an Omnilingual, the language was so strange that even he struggled to make sense of the spell. He convinced himself it would have the capacity to resurrect our parents from the dead.


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The Well-being of Future Generations Act seeks to transform the way public bodies in Wales are improving our social, cultural, environmental and economic well-being. The work we do in Wales continues to inspire organisations and governments internationally
The Well-being of Future Generations Act remains the only legislation of its type in the World and has been regarded, by the United Nations as a role-model for other countries to follow. Since the Act was passed, our office has supported many international organizations in adopting the Act's principles.
Global challenges facing our country are complex and shared by many around the globe. The Commissioner work draws upon international examples and case studies. We actively seek to learn from others and share our work to better assist public bodies here in Wales.
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Join the movement – whether you represent an international government, NGO or if you work within a university and would like to get in touch please email: email@example.com
In his visit to Wales in 2015, Nikhil Seth (Former Head of Sustainable Development at the United Nations) said;
"We hope that what Wales is doing today the world will do tomorrow. Action, more than words, is the hope for our current and future generations."


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Leadership Luncheon
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text: Emission-free district heating is under construction in Espoo 2017-10-27 14:46 Espoo proceeds along the path of sustainable development and growth. The aim is that the city is carbon neutral by 2030. Emission-free energy production and smart energy solutions are important measures for achieving this goal.In June 2017, the district heating company Fortum and the City of Espoo made a societal commitment to sustainability: together they will make district heating in Espoo carbon neutral. Today, nearly half of all greenhouse gas emissions in Espoo stem from heat production. Pasi Laitala, Director for Sustainable Development in the City of Espoo, is pleased with the new solutions for district heat production. "New solutions are constantly created to increase the diversity of sustainable energy production in Espoo. Fortum is planning to build a new energy plant burning biomass and waste in Ämmässuo and has started a heat plant burning domestic bio oil in Vermo. In Otaniemi, the energy company St1 is building an internationally unique heat plant using Earth's internal heat. Espoo is a significant platform for development of energy solutions. On a broader scale, solutions created in Espoo support development of business models based on circular economy", says Pasi Laitala, Director for Sustainable Development in the City of Espoo.In October 2017, the energy company Fortum and the joint municipal authority Helsinki Region Environmental Services concluded a letter of intent to build an energy production plant at Ämmässuo Waste Treatment Centre in Espoo. The plant will replace the use of coal in energy production and free Espoo of carbon gas emissions. The plant will burn biomass and waste. The intention is that it will be operating within the twenties.In the beginning of October 2017, Fortum's plant in Vermo started to produce heat from bio oil, replacing fuel oil. The bio oil is made sustainably from wooden stock such as logging residues, wood chips and sawdust.With the current drilling speed, the first bore hole for the geothermal heat plant in Otaniemi will reach the targeted depth of seven kilometres before the end of 2017. Geothermal heat was captured in the core when Earth formed 4.5 billion years ago. Ground source heat, on the other hand, is energy from the sun stored near to the surface. These non-fossil and renewable energy sources are solutions for the future. The geothermal plant in Otaniemi will produce about ten per cent of the heating needed in Espoo. District heating solutions create new business According to a study from last year and a recent follow-up, Espoo is the most economically, ecologically, socially and culturally sustainable city in Europe."The aim is to make sure the growth story of Espoo remains sustainable and attractive. The new district heating solutions will significantly increase ecological sustainability in Espoo. The energy solutions will strengthen competitiveness and open up opportunities for export. The new energy solutions will have great, direct impact on residents' affluence", Pasi Laitala describes the effects of the solutions.The City of Espoo also takes part in the work of Helsinki Metropolitan Smart & Clean Foundation. The Helsinki and Lahti regions are prepared to be a platform for an internationally interesting example of sustainable development and urbanisation and for trying out new solutions. The cooperation in the energy field between the City of Espoo and the energy company Fortum underpins this goal.On 16th October 2017, the City Council approved the goals of four cross-administrative development programmes. The programmes are essential for the development of the city and the implementation of the city's strategy, the Espoo Story. The programme Sustainable Espoo aims at increasing emission-free energy production. The other goals of the programme concern smart and clean solutions on city level and in travel in the city, growing opportunities for recreation in local nature and sustainability in everyday life.ADDITIONAL INFORMATIONPasi Laitala, Director for Sustainable Development, City of Espoo, tel. 043 824 firstname.lastname@example.com


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