text:
jobs near Bentonville, AR
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Part-Time Professional Pet Sitter
Angel Pet Sitters - Fayetteville, AR
Required license or certification:. Your own economical, reliable vehicle is required for you to travel to clients' homes....
Mama Fu's Asian House is Hiring Cooks / Cocineros in Bentonville, AR
Mama Fu's Asian House, Restaurant - Bentonville, AR
An ideal candidate makes cleanliness a top priority, thrives under a fast pace, and is interested in advancing into kitchen training, development, or management...
Sous Chef
Pinnacle Country Club - Rogers, AR
In addition to menu preparation, food cost and quality control, this person is also responsible for the management and development of employees....
Entry Level Arkansas CDL Truck Driver
PAM Transport - Fayetteville, AR
Fayetteville, Arkansas Truck Driving Jobs With Paid CDL Training. PAM Transport has partnered with Driver Solutions to provide company paid CDL training at no...
Barista/Shift Supervisor
Washington Regional Medical Center - Fayetteville, AR
Required license or certification:. Talking and hearing occur continuously in the process of communicating with guests, supervisors and subordinates....
Sr. Finance Manager - Sales
Mars, Incorporated - Rogers, AR
Develop, update and maintain all Trade / ROI management and analysis tools. Co-Piloting will include ROI on all investments, driving P&L improvement, driving...
CDL Class A Driver
Paul Transportation, Inc. - Fayetteville, AR
Required license or certification:. FOR THE MONTH OF JULY WE ARE OFFERING EXPERIENCED DRIVERS a $2000 SIGN ON BONUS!...
Small Engine Mechanic
WT Transfer Holding Company, LLC - Fayetteville, AR
We are looking for a small engine mechanic, experience required, must have your own tools, requires working on lawn mowers, ATVS and UTVS, Apply in person at...
OTR Company Driver Job Opportunity
Transcarrier Inc - Centerton, AR
Transcarriers offers company driver jobs that use a CDL Class A License with many benefits. Its scope of business includes over the road dry van operating in...
CDL-A Owner Operator Truck Driver - Truckload
Roadrunner Transportation Systems - Bentonville, AR
CDL-A Owner Operator Truck Drivers are able accelerate the growth of their business by taking full advantage of a partnership with us....


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I just wanted to know if anyone was around the same date as me? I have seen all kind of 10 and 11 weekers, and no one really close to my date.
See Alot of 10 Weekers, not alot of 9 weekers 11/24/14 here!
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Im due on 11/25. I hope i give birth before thanksgiving, that way I can have my first thanksgiving meal with my baby
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Dimitri Alexander was born on November 30th 2014
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REC makes panel contribution to Eastern Partnership
On May 26-27, 2016, the REC participated in the fourth meeting of the Eastern Partnership (EaP)...Read more
WATER CRIMES project partners launch research phase
The WATER CRIMES project consortium is delighted to announce the beginning of research activities,...Read more
WATER CRIMES project launches website
The WATER CRIMES team is pleased to announce the launch of its project website. The website will...Read more
SEiSMiC project takes on refugee crisis and sharing economy
The REC took part in the final international forum of the SEiSMiC project, contributing to...Read more
'There is no Plan B — but we have a Plan A'
Thank you very much Mr Chairman, Your Excellencies, Ladies and Gentleman. We all know that we...Read more


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Managing foreign R&D laboratories in China
Abstract:This paper focuses on the management of R&D units established by foreign companies in China, investigating R&D missions, site build-up, integration with the parent organization, and overall performance measurement. The research is based on 37 qualitative expert interviews with local R&D directors and managers conducted between 2001 and 2004, using a semi-structured research questionnaire, and semi-quantitative research done on 199 foreign R&D labs in China. Cultural influences on R&D management, location advantages, expatriate involvement, and organizational evolution of local laboratories are discussed. We find that foreign R&D laboratories in China are not only important vehicles for local market development but also increasingly important sources of locally developed technology.
Document Type: Research Article
DOI: http://dx.doi.org/10.1111/j.1467-9310.2004.00351.x
Affiliations: School of Economics and Management, Tsinghua University, Beijing, P.R. China
Publication date: September 1, 2004


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Squeeze inside New York's skinniest house as it goes on sale for a whopping $4.3m (twice what it sold for in 2010)
Size isn't everything: The Millay House at 75 1/2 Bedford St in New York City
It's New York's skinniest house, but you will need to have a fat wallet if you want to live there.
The narrowest house in the city, once home to Cary Grant and a modern tourist attraction in its own right, has gone on sale for a whopping $4.3million - double what it sold for just one year ago.
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The house's unique size is due to the
fact it was built in the mid-1800s after its neighbours simply to fill
in a carriage entrance way leading to the stables behind the next door
Now a well-known stop-off on the tourist trail in Bohemian Greenwich Village its fame is a far cry from its past use as a shoemaker's shop and a sweet factory.
The skinny house even came close to
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But there's room for a bathtub! The house is just 9.5ft wide
That's some $4,343 per square foot.
The broker gave a detailed description of the renovations to justify the leap in price: 'Flooring throughout is reclaimed rift and quarter-sawn antique oak,' the listing stated.
beautifully appointed kitchen features white oak cabinetry, custom
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'Meticulously renovated': The house comes with a $4.3million price tag
Narrow your view: Plans show the interior of the historic townhouse, once owned by Cary Grant
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Anyone dreaming of a slimmed-down lifestyle in their own skinny property can beat New York's offering by heading further south to Virginia.
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I haven't done much browsing here yet, but a quick glance shows a lack of summaries. I personally don't commit to anything longer than a short story unless I can gauge my own interest at the start, and without a summary the first several lines will suffice (which may not be fair). Improved organization and display of stories might help.
Something along the lines of a weekly critique swap would be interesting, too.
We did have a thread in which people could submit their story with a summary to it as a master list of sort, but it just didn't get used for a good while, and still requires people to read through it first. Maybe if we could do something like the fan section's Oekaki's (http://www.pokecommunity.com/forumdisplay.php?f=21 - look at the top, below the subsections) which previewed a fic at random each time the page was reloaded, would that be interesting to people?
There's a few issues with it - firstly we'd possibly need a new system for it (because the Oekaki hasn't been updated for over a year and is made for images, and idk how that's even handled/etc). And then if it's some fancy automated system then what happens with fics over than a month since their last update? (Given the no bumping rule). Unless we just drop that, hmm...
If I was really ambitious I could make a simple .swf which could display the above given a list of fics/summaries and do it at random (I know enough coding to do that), and that could be put in the forum's section splash, but then there's a matter of if we can even put .swf files in there.
Alt is that we bug audy to make a system for it, but he's doing a lot as it is (and more important stuff in terms of making the forum work...). So I'll just leave it at that and see what you think of that.
The simple solution - Astinus chooses a fic at random every week and features it in the forum splash. It's just far less fancy and... needlessly uncomplicated. =p


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Do you know a Kiwi kid fighting the odds?
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Do you know a Kiwi kid who is fighting against the odds? We want to hear their story.
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It's not too late to save what's left of Hamilton's heritage
A school bully released my 'red rage'
Coping with the loss of a loved one
NZ's Olympic uniforms are dull and drab
Pet of the day: The life of Barry
You don't really care about Moko
Think like an NBA star: get better bank deal
Growing up Kiwi: Students hooked on fishing
School report: Bullying scarred me emotionally
I gave Top Gear a chance but Chris Evans is the last straw
Pet of the day: Clever Scooter loves everyone
Father pleads with fugitive son to come home
Two-year drought runs long-time farmer off his land
Two degrees warmer: what it would look like in Wellington
Bale body dad had been laid off amid dairy slump
Super high-speed Bentley add filmed in Australia falls foul of country's advertising standards
HBO publishes major Game of Thrones spoiler regarding Jon Snow
Michael Gove to run for British prime minister, shakes Conservative leadership race
Father pleads with fugitive son to come home
Eels can't shy away from Semi Radradra allegations, says campaigner Charlie King
JK Rowling loses Twitter followers over EU Brexit stance
First Parramatta Eels 'gang of five' member Tom Issa quits, David Lamond joins board
Umpire Bruce Oxenford tries out protective equipment during England v Sri Lanka ODI
At least 27 killed in suicide attacks near Afghan capital Kabul
Bale body dad had been laid off amid dairy slump
Bale body dad had been laid off amid dairy slump
A fashion critique of the New Zealand Olympic uniform for Rio 2016
Pippa Middleton's Wimbledon wardrobe malfunction
'Amazed' Peter Snell still not yet convinced Olympic auction singlet is a fake
Father pleads with fugitive son to come home
Judge slams 'professional incompetence' of police, as bus driver sentenced for fatal crash
Farmer refuses to pay $224,000 for a bridge to access his land
Why the sun has lost its spots - and what that means for us
Kaitangata: Little rural town's big incentive to attract city-dwellers


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Listen to Mac Bruno Monday-Friday from 11 a.m. to Noon for the All Request Country Buffet. Call (985)395-9536 to make your request.
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15 hours ago by KQKI 95.3 FMThe St. Mary Parish Public Works Department announces that the Harold J. "Babe" Landry Landfill located in Berwick and the West End Solid Waste Pick Up Station located in Franklin will be closed as follows for the Fourth of July Holiday:
Monday, July 4, 2016
Close At Noon
3 days ago by KQKI 95.3 FMJoin Belinda Mac today from 3 until 6 pm for the Cajun Style Weekend Kickoff! Belinda will be playing all of your South Louisiana Favorites to get your weekend started right! The Cajun Style Weekend Kickoff is presented by Barbera Chevrolet, Inc.!
3 days ago by KQKI 95.3 FMSheriff Hebert Encourages Safe and Responsible Use of Fireworks
- Cherry bombs
- Tubular salutes
- Two inch American salutes
- Firecrackers with casings the external dimensions of which exceed 1½ inches in length or one-fourth of an inch in diameter
- Repeating bombs
- Aerial bombs
- Torpedoes which exceed three-eighths of an inch in diameter
- Roman candles larger than ten balls
- Sky rockets larger than six ounces
The St. Mary Parish Sheriff's Office offers these safety tips from the National Council on Fireworks Safety for the responsible use of fireworks this Independence Day holiday:
- Do not consume alcohol prior to or during the handling of fireworks.
- Designate a responsible adult to supervise all firework activities for your family. Never give fireworks to children.
- Read the cautionary labels and performance descriptions before igniting.
- Always have a bucket of water and a water hose that is turned on and ready to go nearby.
- Wear safety glasses when shooting fireworks.
- Light one firework at a time and then quickly move away.
- Only use fireworks outdoors in a clear area; away from buildings and vehicles.
- Never relight a "dud" firework. Wait 20 minutes and then soak it in a bucket of water.
- Never carry fireworks in your pocket or shoot them into metal or glass containers.
- Do not experiment with homemade or attempt to alter or modify fireworks. Use fireworks only in the manner for which they were intended.
- Dispose of spent fireworks by wetting them down and place in a metal trash can away from any building or combustible materials until the next day.3 days ago Nancy Kinslow
Could they print a map of where it is acceptable? It would probably be an extremely limited area.3 days ago Joey Ratcliff
Too many damn rules!! Other Parishes never have problems with fireworks and why does St. Mary Parish wanta be such pansies!!3 days ago Floyd LeBlanc
Really They might as well legalize because they were poping them anyway and law enforce did nothing about it. You think they will follow the rules? I don't think so but law enforcement will still not do any thing about enforcing the law.
3 days ago by KQKI 95.3 FMListen to KQKI 95.3 FM, anytime and anywhere at http://www.KQKI.com, via the TuneIn App and on the all new KQKI app for iPhone & Android! Our live streaming is sponsored by Lirette Ford Lincoln of Morgan City.
3 days ago by KQKI 95.3 FMJoin Mac Bruno today from 11 am until Noon for the All Request Country Buffet featuring your Country favorites from yesterday and today! Give Mac a call with your requests and dedications at 985-395-9536.
6 days ago by KQKI 95.3 FMIt is with deep sadness that we announce the passing of William "Matthew" Boyne, the 22 year old son of KQKI General Manager, Julie Boyne, and her husband Doody. Please keep Matthew's family and friends in your thoughts and prayers. "Fly High Matt….and be forever young…."
11-01-1993 – 06-17-20166 days ago Lilly Trosclair Richard
🙏🏻🙏🏻🙏🏻🙏🏻6 days ago Markie Guidry
fly high matt. I miss you6 days ago Tammy Louise
Prayers 🙏6 days ago Jennifer Vicknair
So tragic, my thoughts and prayers are with his family and friends.6 days ago Deborah Holt
Prayers sent6 days ago Karen DiMaggio
So sorry to hear of your loss Doody. Prayers for you parents and family.6 days ago Amanda Naquin
My heart and prayers goes out too his Mom , family and friends. I will forever remember the blonde curly hair boy who had all the young girls crying over him at my daughter's birthday party. The sleepovers at my house. Our lives changed the first day we met him and even now as we say good bye. Rise high till we all meet again.6 days ago Karen Lewis Melancon
Deepest sympathy from our family6 days ago Lisa Meaux
So sad. Sending our love to heaven and condolence to his family.6 days ago Victoria Smith
So sad fly high matt
6 days ago by KQKI 95.3 FMThe juvenile, Hailey Saucier of Garden City, who was reported missing on Monday has been found safe and unharmed. Please see original post from Monday for more information.5 days ago Kelly Domangue Marsh
Thank god6 days ago Angela Boudreaux Punch
Thank God!!!!
6 days ago by KQKI 95.3 FMJoin Mac Bruno now until Noon for the All Request Country Buffet featuring your Country favorites from yesterday and today! Give Mac a call with your requests and dedications at 985-395-9536.
1 week ago by KQKI 95.3 FMGarden Bros Circus is coming to Morgan City this Sunday with shows at 1:00, 3:30 & 6:00 pm at the Municipal Auditorium; and KQKI is giving you several chances to win free tickets! Be listening this week for your chance to win a family four pack of tickets during the morning show with Mac Bruno! Visit http://www.gardenbroscircus.com for circus info!
1 week ago by KQKI 95.3 FMUPDATE: The juvenile has been found safe and unharmed.
1 week ago by KQKI 95.3 FMGray, LA – Troopers have made an arrest in the hit and run fatality crash that took the life of William Boyne this past Friday Evening. With help from the public and investigative methods, Troopers were able to develop a suspect in Chauvin, LA. Troopers located a green 1997 Ford F-150 and the driver at the time of the crash, Darrell Barlow, 52 year old of Chauvin, LA. Barlow was arrested and transported to the Terrebonne Parish Criminal Justice Center and booked into the facility on charges of Vehicular Homicide, Felony Hit and Run, Improper Lane Usage, and Obstruction of Justice.1 week ago Robin Aucoin
Wish St mary sheriff would follow you lead and convict the person that killed Bobby Beard1 week ago Melissa Missy Kendrick Wood
Thank you Lord!!!1 week ago Tacy Placker Gautreaux
Briana Muschweck
1 week ago by KQKI 95.3 FMWe would once again like to congratulate our 2016 Father's Day winner, John Jones, who was nominated by his daughter, Kayla! Thanks to everyone for all of your entries.1 week ago John Jones
Thanks again KQKI, the prizes are awesome.
1 week ago by KQKI 95.3 FMChitimacha Tribal Chairman Arrested in Casino Theft Scheme
1 week ago by KQKI 95.3 FMFire fighters are currently on the scene of a mobile home fire on Mars Road in Bayou Vista.1 week ago Rebecca Ballard Easley
Near Saturn1 week ago Kayrisha Freyoux
Praying no one is home1 week ago Jeanne Olds McCloy
Prayers that everyone is safe.1 week ago Jessica Taylor
Theresa DuBois Taylor1 week ago Ann Delaune
Prayers for them1 week ago Barbara T Pierce
Prayers1 week ago Mike Leeann
Prayers hope everyone is ok1 week ago Carol Giroir
Prayers1 week ago Lisa M. Daigle
Prayers for all involved!!!1 week ago Virginia Landry Moxley
Praying everyone is ok
1 week ago by KQKI 95.3 FMFour Shot In Berwick1 week ago Dora Collie
Way too close! Like 3 blocks awsy!!1 week ago Sally Veal
Wow so sad prayers for all1 week ago Barry Landry
Thanks Angela !1 week ago Melissa Musco
This is getting a little close to home sad people
1 week ago by KQKI 95.3 FMCongratulations to our 2016 Father's Day winner, John Jones, who was nominated by his daughter, Kayla! Happy Fathers Day from the Quickie Krewe!1 week ago Catherine Crane
Congrats John1 week ago Glenda Brownlee Bancroft
Raising1 week ago Glenda Brownlee Bancroft
Cool. Auston put you in the hat too. Good kids come from good raisi61 week ago Randy Stanton
Have a good day1 week ago John Jones
Thank you KQKI, This is awsome. I have not won anything before, and i would also like to thank My daughter Kayla. What a good day
1 week ago by KQKI 95.3 FMUpdate: The scene has been cleared.1 week ago April Metrejean
Sending prayers for all involved, including all of the first responders. 🙏1 week ago Bernadette Montaperto Fase
Any updates on this?
1 week ago by KQKI 95.3 FM...HEAT ADVISORY IN EFFECT FOR TODAY...
TO THE HEAT COULD RESULT IN THE DEVELOPMENT OF HEAT ILLNESS.1 week ago Peyton Gassiott
Justin Luke better stay in the AC!1 week ago Dennis C. Miller
ain't as hot as hades..ha ha
1 week ago by KQKI 95.3 FMSeveral St. Mary Parish Students and Educators were recognized during the Annual St. Mary Chamber of Commerce Education and Appreciation Night, in conjunction with the St. Mary Parish School Board and District Attorney Bo Duhe'. A $1,500 scholarship was awarded to a graduating senior from each St. Mary Parish High School and a $2,000 donation was presented to South Central Louisiana Technical College, Young Memorial Campus. The St. Mary Parish Student and Teachers of the Year were also recognized as well as the recipient of the St. Mary Arts & Humanities Scholarship Award.


text:
Ellen revealed the celebrity behind her 12 Days of Giveaways mascot, Holly Berry. Did you know who it was going to be? See the shots of Halle getting ready right here! Plus, check out more from backstage of Season 10 here.
What's Trending
- Johnny Depp's Trump Transformation Outrageous Patriotic Outfits Merrick's Robotic Moves Ty Burrell and Ellen on Speaking Whale Awe Summer Photos


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Lauren Laverne hosts live coverage of the ceremony held at the Tate Britain in London, with actor Jude Law presenting the prize to the winning artist. Featuring profiles of nominees Paul Noble, Elizabeth Price, Luke Fowler and Spartacus Chetwynd, plus a debate on the night's proceedings with comedian Noel Fielding and critic Adrian Searle.
Turner Prize 2012. Channel 4: 7.30pm
Story by Sheena McGinley | 22:52 | Monday 3rd December 2012 | TV Highlights
Today's Highlights
Live Euro 2016: Switzerland v...
RTE 2: 1.30pm
The knockout stages of Euro 2016 kick off with Switzerland taking on Poland at the Stade Geoffroy-Guichard in Saint-Etienne....RTE 2 |
BBC2: 8.00pm
The world's biggest music festival continues over on Worthy Farm this weekend, so for those of us that aren't lucky enough...BBC Two |
Live International Rugby
Sky Sports 1: 3.30pm 6.30pm + TG4: 6.30pm
A double header of Irish rugby to kick off a huge weekend of Irish sport. First off, the senior team take on South Africa in...
Breakfast On Pluto
RTE 2: 11.30pm
Cillian Murphy stars in this engaging drama about a young transgender woman who flees smalltown Ireland in search of...RTE 2 |
Life of Pi
Channel 4: 8.00pm
Ang Lee's gorgeously visual story about a young man who's adrift at sea with various animals might border on the schamltzy...
Notting Hill
RTE1: 9.55pm
As rom-coms goes, this one is just a delight, we can't explain why. It does have all the rom-com cheesy essentials - a...RTE One |


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Why leafcutter ants evolved into sophisticated farmers
Ants move between different agricultural jobs to balance the colony's energy budget.
Ants move between different agricultural jobs to balance the colony's energy budget.
The rule requires a 32 percent reduction in power plant emissions by 2030.
Even Netflix admits blocking all VPNs won't be possible.
Theoretical physicists tell us how to rescue quantum information from black hole.
BlackEnergy was key ingredient used to cause power outage to at least 80k customers.
Apps with as many as a million downloads removed following their discovery.
Scientists turned guard ants into scout ants with one brain injection.
Latest crop of space-grown veggies not as verdant as earlier harvests.
Wave of attacks grows. Researchers advise sites to install just-released patch.
Express Scripts will champion access to cheaper, compounded medicine
Sure, the service looks like it works... if you live in a rural area.
James Hansen says President selling "our children, and theirs, down the river."
Meanwhile, credential that posed man-in-the-middle threat found on SCADA system.
Root certificate debacle that hit Lenovo now visits the House of Dell.
Hard-to-uninstall apps can also hijack Android Accessibility Service.
Google+ new design seems focused more on Reddit and less on Facebook.
|← Older Stories
|Newer Stories →
Oracle's silence about Java EE has brought developer community distrust to a fever pitch.
We embed with the team as it aims to be fastest overall at the event's 100th anniversary.
With the death of the invite system, OnePlus is finally worth your consideration.
Non-relational databases can help take the pain out of corralling swarms of sensor data.
Encryption options are great, but Apple's attitude on checksums is still funky.


text:
Puzzle pieces
Credit: Comstock
Creative #: 78489444
License type: Royalty-freeRoyalty-free pricing is based solely on the size of the product you need, not the specific use. You don't have to pay any additional royalties on a use-by-use basis. Once you license a royalty-free product, you may use it multiple times for multiple projects without paying additional fees. (Pornographic, defamatory, libelous or otherwise unlawful use of any image is, of course, prohibited.)
Collection: Stockbyte
Release info: No release required
Similar imagesSearch ResultsSame series
Puzzle Pieces Stock PhotoConnection,Horizontal,Jigsaw Piece,Jigsaw Puzzle,Large Group of Objects,No People,PuzzlePhotographer ComstockCollection: Stockbyte


text:
Goldman Sachs Starts American Airlines (AAL) at Buy, Sees 26% Upside
Get Alerts AAL Hot Sheet
Rating Summary:
11 Buy, 4 Hold, 1 Sell
Rating Trend: Down
Today's Overall Ratings:
Up: 14 | Down: 29 | New: 14
Join SI Premium – FREE
Goldman Sachs initiates coverage on American Airlines (NASDAQ: AAL) with a Buy rating and a price target of $46, suggesting 26% upside.
Analyst Tom Kim said, "In our view, the stock should outperform our airline coverage and the S&P500. The carrier's margins are poised to expand 2.0 ppts over 2013-16E to 12.7%, which we expect to drive multiple expansion. Meanwhile, earnings growth should accelerate thanks to a favorable airline cycle, which we expect to facilitate AAL's integration initiatives more than the market anticipates. Consensus upgrades should catalyze near-term share performance while margin growth drives multiple expansion, in our view."
While consensus estimates have risen 36.5% for FY 2014 and 30.8% for 2015 over the past three months, the firm still sees upside risk to the consensus. The firm's estimates are 6.7% above the Street for 2014 and 11.5% above for 2015.
For an analyst ratings summary and ratings history on American Airlines click here. For more ratings news on American Airlines click here.
Shares of American Airlines closed at $36.56 yesterday.
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Hello Randy,
Thank you for contacting me. I just transferred the memorial over to you. Should you have any more questions let me know.
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Added by
Shelley Hill
on Nov 11, 2015 2:17 PM
Ellen Johnson
RE: Russell Leone
My interest is accuracy. You have it in the MAIDEN name category, and it is NOT a maiden name. Having it in the wrong category affects the accuracy of searching, that is all.
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on Jul 02, 2013 9:03 AM
Ellen Johnson
RE: Russell Leone
If Rosario was his given name, may I suggest that you put that in the first name category, and Russell in the Nickname category? Regardless, it should not be in the maiden name category. Sorry to be a nudge, but .... Thanks!
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on Jul 02, 2013 7:48 AM
Janet McColley Franklin
John Adam Trees
thank you for the photos of my ggg grandparents, I had a picture of it but they've gotton misplaced some where in my cds
Janet McColley Franklin
Added by
Janet McColley Franklin
on Mar 19, 2012 3:25 PM
Ruth (Hickman) Wicks
RE: Richard M. Harbert (infant)
You're welcome..... glad I could help!
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Ruth (Hickman) Wicks
on Sep 11, 2011 3:32 PM
Susan spillman
thank you very much for Susans headstone photo. I sure appreciate seeing it!
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on Jan 28, 2011 8:30 PM
Cynthia McKelleb
Thank you so much for filling my requests on the pictures of the headstones for my ancestors.
I appreciate it alot.
So sorry I didn't reply before now but with my work schedule Wednesday - Saturday is kind of difficult for me to do anything.
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Cynthia McKelleb
on Jan 23, 2011 6:25 AM
Thank you!!
Thank you so much for the photographs of the Cochran and Wilson stones and markers in the Sullivan Cemetery - and the information you provided. I so appreciate it - these clues and the Memorials actually solved a family riddle for me as to what ever happened to my gr gr grandmother (based on dates she must have passed soon after she had my gr grandfather. For the life of me I'll never understand why anyone would feel the desire to vandalize old graveyards and their beautiful testimonies to family love.
Thank you again, sincerely, for taking your time to photograph them. I can't tell you how much it means!
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When sending a request or correction please use edit button so it will give us the memorials to be fixed.
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Russel Leone
Hi - if you would like a larger photo, I can that. Find-a-grave made me crop the picture.
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The Switch, a Finnish manufacturer of permanent magnet motors, generators and converters, announced the launch of its next-generation drive trains for energy efficient power generation and propulsion of merchant vessels. Combining The Switch's permanent magnet and frequency converter technology, this opens up all-new opportunities for hybrid propulsion systems in the shipping sector.
Next generation electrical drive trains based on permanent magnet (PM) technology from The Switch, provide advanced control with a permanent magnet motor and a frequency converter as the major components. The controller acts as the brains for energy efficiency, keeping the network stable regardless of external conditions, such as waves, speed and other influential factors.
According to the manufacturer, this solution enables vessels to produce electricity with better efficiency for the entire ship's network, lower costs by keeping auxiliary generators off – and allow the main engines to operate at variable speed and generate electricity. In total, it represents operational savings for vessels with four-stroke, but in particular two-stroke engines, and helps to comply with future environmental legislations.
"Soaring fuel prices, global overcapacity and lower profit margins are forcing shipbuilders to rethink conventional power configurations. This has opened the way for advanced technologies that are revolutionizing the way ships generate and use energy for the good of the environment. Our drive train technology is a game-changing opportunity for hybrid propulsion systems, namely in the large merchant shipping sector, where two-stroke main engines are the preferred type of prime mover. It will enable ship owner to save up to €50,000 per month in fuel costs, which may add up to 7% more profit per year," said President and CEO of The Switch Jukka-Pekka Mäkinen.
Permanent magnet generator technology, with its unmatched design flexibility and energy efficiency, has gained a very successful track record in many other industries. Thanks to their higher power density, PM machines can be more compact, lighter in weight and smaller in size. They have proven their high reliability and durability under extremely harsh operating conditions. The Switch PM machines deliver excellent performance with corrosion resistance and temperature tolerance.
Adding a frequency converter to a shaft generator allows a ship to control its speed and ensure a stable source of electricity for the ship's network. The frequency converter allows the ship to choose between taking power from the main engine or from the auxiliary generators, as deemed best.
A PM machine gives high-efficiency performance over the entire operating range, significantly cutting back on fuel consumption. It is typically 2-4% more efficient at full load and 10% more efficient at part loads compared with induction machines. These efficiencies result from a lack of current losses in the rotor, the absence of an exciter, and reduced winding losses. A synchronous PM machine contains Neodymium-Iron-Boron (NdFeB) magnets, which are materials with a very high flux density, which makes them ideal for variable speed generators throughout the entire speed range. The magnetic field is created with almost zero rotor losses.
Thanks to the improved high density, the size and weight of the drive train can be substantially reduced. This leads to greater flexibility with the limited space available in ship configurations.
The Switch, together with its partners, can provide ship designers and builders with turnkey deliveries for the most energy efficient operation in the challenging marine environment. Additional services include design consultation for selectivity, project management, and the capability to deliver integrated solutions for new build ships or upgrades of existing fleets.
Maritime Today
The Maritime Industry's original and most viewed E-News Service
Maersk acknowledges that coffee is very special, mainly in regards to the processes and requirements involved for it's shipping. "So we have adapted the way we work so we can meet your needs,
The largest and most powerful engine from MAN Diesel & Turbo's portfolio ever designed and built has entered service.
Built by Doosan Engine in Korea and rated at 75,
Statoil has decided to launch a large project to write the story about the company for its 50th anniversary in 2022. The University of Oslo has been chosen the
MISC Berhad (MISC) today announces the publication of its 2015 Sustainability Report, covering the Company's commitment, strategy and performance for the year ended
The United Seamen's Service (USS) 2016 Admiral of the Ocean Sea Awards (AOTOS) will be presented to Arthur E. Imperatore, Founder and President of New York Waterways; Donald Marcus,
Grovfjord Mek. Verksted AS (GMV) has selected Corvus Energy as the supplier of the lithium ion based energy storage system (ESS) for a fish farm support vessel called GMV ZERO.
For many in shipping, the Brexit was unexpected. Many believe that Brexit's impact on the shipping industry will be more or less neutral.
The UK Chamber of
The first dual-fuel two-stroke engine employing the low-pressure X-DF gas admission technology developed by Winterthur Gas & Diesel (WinGD) has passed the final
A vote was passed at the ordinary shareholders' meeting of HCI Capital AG yesterday to change the company's name to Ernst Russ AG. The Executive Board and Supervisory
Terex Port Solutions (TPS) has received an order from Associated British Ports (ABP) for two electric Terex Gottwald Model 8 portal harbour cranes in the G HSK 8424 B four-rope grab variant.
On 1 December 2016 two new Traffic Separation Schemes (TSS) will come into effect off the south-west coast of Western Australia.
Australia's proposal to establish
Austal Limited (Austal) (ASX:ASB) delivered the future USS Montgomery (LCS 8) to the U.S. Navy, during a ceremony held aboard the ship at Austal USA's shipyard in Mobile, Alabama, USA on 23 June.
Singapore's offshore marine services provider PACC Offshore Services Holdings Ltd. (POSH) has been awarded a contract to support Shell's Prelude floating liquefied


text:
I've lived in the area over 4 years and have tested a number of nail locations. Sonny, the owner, helped me diagnose an allergic reaction to acrylic nails and suggested silk nails, which they do there. I have since had silk nails done other places and always come back to Star because their people know how to do them correctly. I have always had good service at Star. The pedicures are awesome and the people are very nice. The massage chairs are well taken care of and everything is very clean. I don't know about the experiences of the other reviewers but mine has always been good and I've been going there for 3 years. I'm also picky when it comes to customer service.
Mount Dora Nail Salons
1. Jq Nails & SpaServices
18977 US Highway 441Mount Dora, FL 32757
2. Star Nails & SpaServices
I've lived in the area over 4 years and have tested a number of nail locations. Sonny, the owner, helped me diagnose an allergic reaction to acrylic…
3. Regal NailsServices
17030 US Highway 441Mount Dora, FL 32757
4. Angel NailsServices
18850 US Highway 441Mount Dora, FL 32757
5. Alina Nails Salon
17195 US Highway 441 St 109, Mount Dora FL, 32757Mount Dora, FL 32757
6. Today Nail & Spa
Awesome service. Very friendly and helpful. My nails were exactly how I wanted them. I love this place!
7. Suong's Nails and Spa
I went to the new Suong's Nails and Spa the other day and found the staff to be very friendly. They did the best job on my pedicure that I went ahe…
8. Secret Nail and Day Spa
250 N Donnelly StMount Dora, FL 32757
9. Ambiance Studio Salon
2110 N Donnelly St Ste 400Mount Dora, FL 32757
10. Mt Dora Nail and Spa
19051 US Highway 441Mount Dora, FL 32757
11. Cabana Nails
17195 US Highway 441Mount Dora, FL 32757
12. Uptown Nail
16868 US Highway 441Mount Dora, FL 32757
13. Cabana Nails
Go somewhere that knows what they are doing. I wasted time & money & had to go to another salon anyways.
14. Capillo Salon and Day SpaServices
Spring provided a soothing facial that left me so relaxed. Next came a pedicure that had me walking on air. The manicure she gave me was flawless. I…
15. Pure Aveda SalonspaServices
206 W 5th AveMount Dora, FL 32757
16. Synergy SalonspaServices
301 N Baker StMount Dora, FL 32757
17. Miya of Mount Dora
401 S Highland StMount Dora, FL 32757
18. Florida Center for Laser Electrolysis & PM MakeupServices
3911 N Highway 19AMount Dora, FL 32757
19. Almost Heaven Day Spa
Welcome to Almost Heaven Day Spa where we pamper you from head to toe as you relax and unwind. Our cozy and quiet setting allows you to forget your …
20. Le's NailsServices
Tired of getting your nails done only to have them pop off in a few days? Well not here, prices are great, $12 for a fill, and Mike makes your nails…
21. L V NailsServices
Their pedicures are wonderful and very relaxing! The staff is nice and courteous. The facility is beautiful!
22. Glamour Nails
2860 David Walker DrEustis, FL 32726
23. Eustis Nail SpaServices
As soon as I walk in, before I can even be seated, i'm asked what all I'm wanting done today. It's usually my eyebrows getting waxed and on those oc…
24. Charlie's Nails & Spa
I have been a customer of Charlie's for over 11 years. I have always been treated like royalty. I would and have sent friends and even strangers to…
25. Royal Nails & Spa
1107 S Bay StEustis, FL 32726
26. The Nail Shack
1112 S Bay StEustis, FL 32726
27. Solar Nails
269 Colony BlvdLady Lake, FL 32162
28. Orlando Crystal Nail Spa
I recently moved to the area and found 'Crystal Nails & Spa' on yellowpages.com. I was excited to know that Crystal Nails & Spa was literally within…
29. Hair Designs By ChristinaServices
They are very friendly, good hair stylists more than willing tpgp the extra mile to help anyone
30. Lan Spa Nails & TanServices
Been coming here for years we make it a couples visit. Lan and staff are the best. Will be back in 3 weeks!
I went to the new Suong's Nails and Spa the other day and found the staff to be very friendly. They did the best job on my pedicure that I went ahead and got pink and white for my hand. They are beautiful!!! I will definitely be going back there every two weeks to get my fill-ins. The place is relaxing and beautifully decorated also. Very clean!!!!
Awesome salon! Been going here for 8 years and will continue to as long as they are open for business! Highly professional stylists that really know what they are doing. Up to date on all the latest trends. Super friendly staff that treat you like family! Highly recommend!!!!


text:
quick linksCURRENT ISSUE PREVIOUS ISSUES NEWS INDUSTRY NEWS COLUMNISTS BROWSE EDITORIAL TOPICS WEBINARS
resourcesABOUT MT AUTHOR GUIDELINES CLASSIFIEDS EDITORIAL CALENDAR MEDIA GUIDE MASSAGE MART SCHOOLS & EDUCATION FEEDBACK
An MD Who Understands the Opioid Epidemic
Doctors of chiropractic have an important role to play in ending the opioid epidemic and dealing with chronic pain by conservative means (see our top story in this issue) – but who's to blame for opioid dependence and abuse in the first place?
A Long-Overdue Win for Oregon Medicaid Patients - and the Implications for Other States
Beginning July 1, 2016, Oregon Medicaid patients with spinal pain (cervical, thoracic, lumbar, pelvic) who are determined to be low risk based on a biopsychosocial assessment tool (STarT Back – Keele University) can receive four chiropractic visits per episode.
Increasing the Value of Spine Care: CMS Approves New Low Back Pain Registry
The Centers for Medicare and Medicaid Services has approved the Spine IQ Low Back Pain Registry as a qualified clinical data registry for the Physician Quality Reporting System (PQRS) in 2016.
Acupuncture Muscle Trigger Point and Oriental Medicine Sports Therapy
It is difficult to ascertain the internal condition of professional basketball player Lebron James during game one of the 2014 NBA finals, in which he developed debilitating muscle cramps that led to his premature removal from the game.
Beating the Odds: Interview With Para-Powerlifter Adeline Dumapong-Ancheta
Since October 2015, the FICS Foundation, the charitable organization affiliated with the International Federation of Sports Chiropractic (FICS), has been supporting disabled athletes internationally.
Acupuncture's Impact on the World
For several years, I have been hearing about the town of Rothenburg, Germany. It seemed just a dot on a map until I arrived. It is the home of the TCM Kongress which began in 1968. It has been held annually for 47 years and it has only missed one year.
Insuring Quality Control in Herb Importation: An Interview with Wilson Lau
Wilson Lau is the vice president of Nuherbs, a Chinese herb importation company based in San Leandro, California. Before joining Nuherbs, he trained as a lawyer specializing in FDA law.
Sit or Stand? Analyzing a Mixed Message
I'm more than a bit confused. At my age, that seems to be a rather common occurrence. However, today more than ever, I'm getting a mixed message.
Introducing the Acupuncture Today Digital Edition
In response to the changing habits of our readers, Acupuncture Today will introduce a digital edition of the publication (in addition to our print edition) beginning with the August 2016 issue.
Treating Hip & Groin Pain With Abdominal Release of Upper Lumbar Nerve Impingements
Have you encountered patients with groin and hip pain you can't seem to solve? You know it's not a worn-out hip; you suspect the pain is somehow connected to the spine. But somehow, you just can't help them break through.
What's New in Phytonutrition: Mangifera Indica, "The King of Fruits"
One hundred percent pure Indian green mango fruit (mangifera indica), harvested at a special degree of ripeness for efficacy and taste, can now be concentrated as a phytonutrient nutraceutical powder.
An Emerging Partnership Model
Maryland University of Integrative Health (MUIH) has educated integrative health and wellness practitioners for the last 40 years, originally as an acupuncture clinic and school. The institution's transformative, relationship-centered programs integrate traditional wisdom with contemporary science
How to Stay Sane During the Elections: Understanding Through the Lens of Chinese Medicine
In Chinese Medicine philosophy, everything consists of Yin and Yang. The law of polar opposites – one cannot exist without its opposite.
Three Tips to Help You Analyze the Acupuncture Case Studies of the NCCAOM Exam
Tip #1
Confirm the answer quickly by the elimination method. Case study:
After two treatments for back pain, a patient presents for a third
session complaining of rapid breathing and wheezing that is made worse
during cold weather.
Multivitamin Supplement May Reduce Breast Cancer Recurrence
There is a great deal of controversy regarding the value of multiple vitamin supplements in cancer prevention.
Kansas Achieves Licensing Law
Kansas Governor Sam Brownback signed House Bill 2615 into law on Friday, May 13, 2016. HB2615 includes provisions for the licensure of acupuncturists in the state of Kansas.
Adventures with the San Jiao
Those of us who have been in practice for several decades relish the way meridians and points reveal new diagnostic clues and new insights. I love to encourage my students to see this as an adventure that goes way beyond the textbooks.
The Pertinent Negative
We all have to perform evaluations on patients. Most of us don't like doing it – exams take time, and worse it takes even more time after the evaluation to put together a narrative summary of the findings. Sometimes, this process becomes downright tedious.
AOM Hospital-Based Practice: A Future Reality?
The natural evolution of health care on the planet is integrative health. We may have some challenges ahead, but based on my research, all indicators are pointing in a positive direction. There seems to be an evolving consciousness among our patient population that is "getting it."
Chronic Pain: Become Part of the Solution
I have lectured to more than 7,000 chiropractic physicians over the past five years regarding the chronic pain and opioid epidemic in this country.
Tai Chi Documentary Premier
First Run Features recently announced the world theatrical premiere of Barry Strugatz's documentary The Professor: Tai Chi's Journey West, which premiered last month at the Laemmle Music Hall in Los Angeles.
What You Say Isn't Always What Patients Hear
A few years ago, my aunt Edna (name changed for the purpose of this story) suffered a stroke. After a short hospital stay, she was transferred to a nursing home for rehabilitation. When she arrived at the nursing home, Edna requested a private room.
Industry News for
The Alliance Deems Complete Collaborative Support at 2013 Conference
At few conferences do educators have access to every educational organization quite like they did at this year's Alliance for Massage Therapy Education Conference. Ruth Werner, President of the Massage Therapy Foundation, Anne Williams, Director of Education for ABMP, Karen Armstrong, VP of the FSMTB, Kate Zulaski, Executive Director of COMTA, Sue Toscano, Chair of the NCBTMB, and Winona Bontrager, President of AMTA participated in a panel discussion and answered questions from attendees.
From the beginning, the Alliance's mission has been to serve as an independent voice, advocate and resource for the entire education sector – from entry-level massage training programs through post-graduate studies. The Alliance provides that common ground where all can have a seat at the table and share a common goal of raising the standard of Massage Therapy Education.
The Alliance is the only organization that brings Schools, Teachers, Continuing Education Providers and Allied Members together under one roof...and come together they did! This year the Alliance hosted their most well- attended conference to date! This year was by far the largest of all educational conferences with over 130 attendees and 22 exhibitors.
Even bigger were some of the topics for discussions including our responsibilities as a profession to participate in the Affordable Care Act, as introduced by one of the Keynote Speakers, Janet Khan, MD.
Other discussion topics included how to best inform the education community about the Core Competencies and brainstorming ideas on how to make them more user friendly and palpable learning modules.
Whitney Lowe's insightful keynote address on how to motivate today's students generated many conversations with attendees. Technology was a key topic for them thanks to Whitney's presentation that introduced many to new teaching concepts such as the Flipped Classroom, MOOCs and the concept of badges as part of the credentialing process.
It was apparent that many liked the concept of badges. A common idea generated in all the different small group discussions on how to take the National Teacher Education Standards Project (NTESP) to the next level was the sum total of a number of badges leading to a certification or diploma. This type of feedback was exactly what the National Teacher Training Curriculum Development Committee had hoped to achieve at the conference.
The Alliance re-elected Stephanie Beck to the board as well as elected two new board members Gloria Lawrence and Eric Polgar. The Alliance held elections for the leadership Development Committee and Lisa Parenteau was confirmed as a new LDC member.
Over seven hundred dollars was raised for the Massage Therapy Foundation. Seated massage was coordinated by the Massage Envy St. Louis Regional Director during the Thursday evening Opening Reception co-sponsored by Performance Health/Biofreeze and Massage Envy.
David Lauterstien and Elaine Stillerman were awarded the AFMTE, Biofreeze, Bon Vital Educator of the Year Awards.
A complete 2013 Conference library of photo albums is available here: AFMTE 2013 4th Annual Conference Photo Albums you can sure to share your favorites with your friends and customers.
Overwhelming feedback from a variety of school owners, educators, continuing education providers, exhibitors and organizations created an opportunity for a 2015 Educational Congress, a single gathering of the various groups who are committed to excellence in massage education. Many expressed the convenience of having one educational conference. The economic benefits of having to make travel arrangements for only one conference as opposed to multiple events would enable many companies and organizations to offer a level of support they would like to provide but just are not able to do now. So the Alliance is excited to announce they will be forgoing a 2014 conference in hopes that in 2015 we will be able to have an Educational Congress with all Educational Organizations.
In summary, we feel it was one of the most successful conferences yet. It was very rewarding to have feedback from Continuing Education Providers, School owners and teachers that are currently implementing the Core Competencies. We also received tremendous feedback from attendees on how to move the Core Competencies forward. We believe we surpassed our goal for creating a culture of teaching excellence by creating a core of collaboration and unity from all organizations. It was great to have all sectors represented and coming together at the table to discuss and share with a common goal.


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Writer: Chris Baldwin
Date:Saturday October 4 2008
Time: 6:15PM
Fratton Park
5th October 2008
It's likely to be a wet and windy day at Fratton Park for the Potters first trip down since the old Divison One days in 2002 and it will be a reunion for two old friends with Tony Pulis up against his mentor from their Bournemouth days, Harry Redknapp.
With Griffin, Diao, Buxton, Pericard, Fuller and Amdy Faye all former Pompey players and with Pulis also having previous at Fratton Park (he was manager there for a few fraught months back in 2000) along with Mark O'Connor, it should help create a lively atmospshere.
Harry Redknapp knows TP better than most: 'We are playing a very, very fit, physical Stoke side on Sunday at Fratton Park and I've got to get people up again for another big game.'
Certainly Pulis would like to emulate Redknapp's success at Portsmouth: 'They were struggling badly before he managed to keep them up and he hasn't looked back. They finished eighth in the Premiership last season and won the FA Cup. That's a remarkable story.'
The 2-0 win against Spurs last weekend and an extra time come-back in the midweek UEFA cup tie will give Pompey added confidence and banish memories of the 6-0 thrashing they suffered at Manchester City last month. With Thursday night's match against Vitoria not ending until Friday morning, Redknapp may be forced into resting some players. Lassana Diarra is suspended and there are doubts over Papa Bouba Diop (hamstring) and John Utaka (knee).
Whilst Defoe has five goals this season, England striker, Peter Crouch will be on a high after his two extra time goals in Portugal gave his side a pass through to the group stages.
Liam Lawrence is definitely out after tripping over his dog (!).
Rory Delap may miss his second match in a row after pulling his hamstring and is only rated 50/50.
Ric didn't start last week's home tie against Chelsea after going down with a virus, but should now be fully fit. Fuller made 31 appearances for Pompey in 2004/5 before 'endearing' himself to the blue half of Hampshire and moving to Southampton.
A defeat will notch up the Potters' 1000th in the League.
Definitely a day for the Potters' first away win in the Premier League then...
Andre Marriner. Drafted in at the last minute to replace Mike Riley, who controversially sent off Cahill in the Merseyside derby last week when it originally looked like he was about to just get a yellow. Marriner presided over the Potters goalless draw against Liverpool last month.
Sunday 19th October: Spurs (home) kick-off: 4pm ** SKY TV **
Date:Saturday October 4 2008
Time: 6:15PM
Six Clubs Set 2015/16 Premiership Records (Tuesday June 21 2016)
2016/17 Premier League Fixtures Released Tomorrow (Tuesday June 14 2016)
Stoke Fans To Travel 4,874 Miles In 2016/17 (Tuesday June 14 2016)
Average League Position In Last 50 Yrs (Monday June 13 2016)
Full Retained Lists For 2016 (Sunday June 12 2016)
Odemwingie & Sidwell Among Eight Released By Stoke (Saturday June 11 2016)
U21 Teams Welcomed To The FL Trophy (Saturday June 11 2016)
Crouch Considering His Next Move (Friday June 10 2016)
Stoke Interest In Southampton's Pelle? (Friday June 10 2016)
Does Spending Equal Success In The Prem? (Friday June 10 2016)
|Latest Results
|van der Hoorn: 'I'm Joining a Wonderful Club'
» Swansea : 25/06/2016 15:36:00
|Watford Latest Linked With Newcastle's Townsend
» Watford : 25/06/2016 13:38:01
|Ighalo's Olympic Involvement In Doubt?
» Watford : 25/06/2016 13:27:00
|Italian Raid? Lazio & Inter Milan Players Linked
» Watford : 25/06/2016 13:17:01
|Hernandez Fiorentina Links Continue
» Hull City : 25/06/2016 13:07:00


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Greek Government's Plan Rejected
It has turned out that the latest Greek plans in connection with the second bailout have essentially been rejected by the eurogroup. This hasn't kept the Greek government from claiming the exact opposite:
"Greek political leaders said they had clinched a deal on economic reforms needed to secure a second EU bailout, but euro zone finance ministers demanded more steps and a parliamentary seal of approval before providing the aid.
The EU and the International Monetary Fund are exasperated by a string of broken promises by Athens and weeks of disagreement over the terms of a 130 billion euro ($172 billion) bailout, with time running out to avoid a default. Finance ministers of the 17-nation euro zone meeting in Brussels warned there would be no immediate approval for the rescue package and said Athens must prove itself first.
Jean-Claude Juncker, who chairs the Eurogroup, set three conditions, saying the Greek parliament must ratify the package when it meets on Sunday and a further 325 million euros of spending reductions needed to be identified by next Wednesday, after which euro zone finance ministers would meet again.
"Thirdly, we would need to obtain strong political assurances from the leaders of the coalition parties on the implementation of the programme," Juncker told a news conference after six hours of talks in Brussels. "Those elements needs to be in place before we can take decisions."
"In short, no disbursement before implementation."
It should be no surprise that the eurocrats are now playing hardball with Greece. Too many promises have been broken over the past two years.
Meanwhile, Bob Pisani not unreasonably wonders what exactly it is the Greek government is supposed to be agreeing to. The official release reads like a product of the post-modernism essay generator – a random compilation of completely meaningless gibberish:
"The government's discussions with the troika were concluded successfully this morning on the issue which had remained open for further elaboration. The political leaders have agreed on the result of these discussions.
Thus there is general agreement on the content of the new program, in view also of this evening's Eurogroup meeting. This program accompanies the new loan agreement to finance Greece with 130 billion euro."
"The political leaders have agreed on the result of these discussions … thus there is general agreement on the content of the new program…"
The Economic Contraction Deepens
Meanwhile, the Greek economy has descended further into the abyss in January. First it became known that tax revenues came in 7% below expectations, with VAT collections light by high double digits – a shortfall of about € 1 billion.
Then a series of economic data releases painted a picture of a 'death spiral' as the Telegraph's Ambrose Evans-Pritchard puts it:
- "Greece's manufacturing output contracted by 15.5% in December from a year earlier.
- Industrial output fell 11.3%, compared to minus 7.8% in November.
- Unemployment jumped to 20.9% in November, up from 18.2% a month earlier.
We have a feeling that by the time the April elections come around, the political situation in Greece will change dramatically. The hard left will likely grab the majority of the votes – not an absolute, but at the very least a relative majority. We are slightly surprised there is no open revolt already, although this may actually be about to change as we write these words, see further below. Any agreements the current coalition government makes won't be worth the paper they are printed on. A hard default remains a highly likely outcome, the main question seems to be whether it happens sooner or later.
CDS May Pay Out After All
Meanwhile, CDS traders are reportedly increasingly confident that CDS on Greek debt will be triggered by the restructuring:
"Credit default swaps traders are increasingly sanguine that a deal to restructure Greek debt will trigger CDS and lay to rest a year-long debate that has undermined the value of sovereign CDS in the eyes of many investors.
"Our baseline scenario is collective action clauses will be inserted into the Greek-law bonds, and when these are actioned the CDS will trigger," said one head of European credit trading at a US bank.
"The market will breathe a sigh of relief and you'd hope this will mitigate the speculation around sovereign CDS, but there's been damage done to the product in the past few months and I don't think it'll be cured overnight," he added. The value of sovereign CDS as a hedging tool came into question last year when authorities seemed intent on avoiding a CDS trigger when restructuring Greek debt. According to a Fitch survey of European investors managing US$7.1trn of assets, 28% planned to reduce their use of sovereign CDS, although only 10% said the decrease would be material.
Dealers conceded a huge amount of uncertainty remained over the plan to cut Greek debt, which is thought to be unveiled by European officials imminently. At the same time, traders believed CACs will be inserted into Greek-law bonds (which make up around 90% of Greece's outstanding debt) presuming the restructuring actually goes ahead."
So at least sovereign CDS may remain valuable as hedging tools when everything is said and done. With only € 2.8 billion in notionals on Greek debt outstanding, there won't be any great effect on the financial system if the CDS contracts are triggered. Besides, presumably sufficient margin collateral has already been posted by the writers of the contracts.
Violent Protests Break Out, Government Crumbles
The protests and demonstrations in Greece have turned ugly. Meanwhile, more and more ministers are resigning from the Papademos cabinet in a bid to save their own political hide.
(Photo credit: reuters/yiorgos karahalis)
As the AP reports:
"Greece's future in the euro grew increasingly precarious Friday as violence erupted on the streets of Athens during a general strike and five politicians resigned from the government after European leaders demanded deeper spending cuts.
Hours after Greece claimed it had reached an agreement among its squabbling party leaders on new cutbacks, European officials dashed any hopes that the country was close to getting its bailout. Finance ministers said more austerity needs to be agreed and set a deadline for the middle of next week.
If Greece's government fails to meet Europe's demands, the debt-ridden country faces a chaotic debt default next month that would send shockwaves around the world economy and could doom a generation of Greeks to even deeper hardship.
If it does deliver those demands, Europe has committed to give it a €130 billion ($172 billion) lifeline that would at least postpone Greece's day of reckoning."
Altogether six ministers have resigned by now (the five mentioned above resigned today alone). The AP report continues:
"Thousands of people marched through the streets to protest the cuts, which include a 22 percent drop in the minimum wage at time when the unemployment rate is over 20 percent and the economy is in a fifth year of recession. Clashes broke out, with demonstrators hurling fire bombs at riot police shooting tear gas.
Resistance was also growing in Athens' halls of power, with six members of the 48-strong Cabinet leaving the government over the past two days because they could not agree to the new demands.
The five were Deputy Foreign Minister Mariliza Xenogiannakopoulou, a majority Socialist lawmaker, the transport minister and the deputy ministers of defense, merchant marine and agriculture — all members of the rightist LAOS party, a junior coalition member. On Thursday, Deputy Labor Minister Yiannis Koutsoukos, a Socialist, also quit.
"They are trying to impose measures that will make the recession worse and drive the country to despair," Xenogiannakopoulou said in a letter, adding that she would vote against the cutbacks in parliament.
LAOS leader George Karatzaferis said he was withdrawing support for the measures agreed a day earlier, describing the country's treatment by its European partners as "humiliating."
Though LAOS is a small party, its action underscores the growing discontent, both among political leaders and households — nearly one in two young people are out of work."
As the LAOS leader put it, he doesn't want to be 'under the German jackboot'. He may be surprised to learn that this statement is probably welcomed in Germany. As Mish pointed out yesterday, the Germans are seemingly trying to push Greece out of the euro area, while officially proclaiming that this is the last thing on their mind.
As a side effect of the above, the Athens stock market fell by nearly 5% today. In short, a pullback that could produce a buying opportunity is underway. As Baron Rothchild reportedly once said, the 'time to buy is when there is blood in the streets' – a condition that seems fulfilled as of today.
A videos documenting the clashes between protesters and police in Athens can be seen here.
It is understandable that Greece's citizens are frustrated and angry at the recent developments. They are the ones now condemned to shouldering the burdens created by an unconscionable political class. The economic situation remains more or less hopeless at this point, so there is not even a light at the end of the tunnel that might create a bit of motivation and make it psychologically easier to go through the retrenchment.
Alas, the question remains what would happen if Greece were to default and leave the euro. People don't want the government to cut back, but without the bailout funds it will have to cut back far more dramatically, as it will then be forced to spend no more than what it actually takes in.
While this would be a salutary development in the longer term, it would be the opposite of what the protesters presumably want or expect. In addition, the main reasons for Greece to return to the drachma would be the ability to finance government debt with the help of the printing press and a devaluation to help narrow the current account deficit. In that case, the country would likely soon experience hyperinflation given the track record of the government in terms of spending discipline.
Meanwhile, prosperity can not be attained by means of devaluation. In the short term it may boost export earnings and tourism income, but it should be obvious that this type of prosperity is a complete illusion. In reality, it means an accelerating impoverishment. This becomes clear by once again looking beyond the veil of money. If a certain widget for instance costs € 10 both in Greece and Germany today, and Greece were to devalue the new drachma by 50% so that it could now offer the widget for € 5, it means that it would ceteris paribus effectively be paying with two widgets for for one widget. After all, what is exchanged between Greece and the rest of the world it trades with are goods and services – money only facilitates these exchanges.
Or putting it differently: what Greek exporters would gain by dint of being able to offer their goods at lower prices, importers would lose by dint of having to pay higher prices. Any perceived advantage gained by devaluation is therefore ephemeral on a society-wide basis.
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