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OnQ Blog
Imagine a factory that has hundreds or thousands of machines and devices requiring secure wireless connectivity throughout the premises. This enterprise cannot solely depend on public cellular networks offered by Mobile Network Operators (MNO). To ensure data security and robust operation, the enterprise instead leans on their own private IoT network, operating independently of the public cellular networks. Unfortunately, these companies do not own any spectrum and until now relied on Wi-Fi, ZigBee®/802.15.4, or other 802.11 technologies which are useful but face many limitations as these technologies cannot provide the quality of service, coverage, mobility, security and support that LTE can offer. A new class of network must be enabled to meet the needs of industrial applications and provide a standalone, unified network architecture.
Key Research activities:
Qualcomm Research is designing the technology to enable private LTE networks for industrial IoT. Combining LTE-grade performance with Wi-Fi-like deployment simplicity, we have leveraged 4G LTE air interfaces that primarily use the Citizens Broadband Radio Service (CBRS) (U.S. 3.5 GHz) band and the unlicensed (5 GHz). Our system could also be deployed on MNO's licensed spectrum that is locally dedicated to the enterprise. Delivering reliable connectivity in challenging environments, these standalone LTE networks are built to serve devices and users within a localized area but also interface with public LTE when needed, for example, when devices move outside the premises.
We design customizable solutions which enable network owners to operate either LTE or MulteFire networks. MultiFire leverages LTE technology in unlicensed or shared spectrum. This empowers enterprises or venues to deploy LTE-based networks without having to acquire spectrum. Alternatively, Qualcomm Research designs technologies for enterprises that leverage LTE-TDD over CBRS band, providing maximum flexibility in terms of time to market.
Our private LTE networking solution fills the gap between what existing technologies can do and what enterprises need, addressing challenges in QoS, bandwidth, coverage, mobility, reliability and security in support of self-contained networks.
Assuring Quality of Service (QoS)
Qualcomm Research leverages QoS as one of the many LTE network features which enable businesses to customize and optimize their LTE network. LTE's throughput and latency performance enables a range of applications in industrial IoT networks such as real-time video delivery and remote control of machinery. We design technologies that enable network operators to prioritize QoS amongst their mix of critical machines, devices, video cameras, and sensors as per the needs of their network. Ultimately, this assures that key devices can achieve the necessary QoS, achieving the required latency or throughput. Additionally, different traffic types can be managed, ensuring that low priority traffic does not impact data critical to the plant operation. This creates endless possibilities for how operators could provision their QoS.
Enabling Ubiquitous Coverage
Private LTE networks offer many coverage advantages over other services such as Wi-Fi and 802.15.4-based technologies such as WirelessHART® or 802.15.4. For example, enterprises can cover their facilities with fewer LTE small cells than Wi-Fi access points and can seamlessly support a large number of devices while providing a better link budget than Wi-Fi.
Private LTE networks interoperate with public LTE/MNO networks handovers and are supported as the enterprise's device leave the premises. For example, a shipping port may want to track their chassis (the means for transporting shipping containers) constantly while they're near the port. In this case, the port would leverage their private LTE network for the tracking. When the chassis travels beyond the port's private LTE coverage area, the port's management can still track the chassis, at a lower resolution, by relying on the wide-area MNO network.
Providing Unrivaled Versatility
Designed for the low throughput transmission of small data packets, 802.15.4 excels in sending data such as measurements but has limited bandwidth for throughput intensive applications such as video. More versatile than 802.15.4, private LTE network operators can use the same network for sending small packets with low latency, achieving high bandwidth with extended coverage.
In addition to being deployed on shared spectrum, 4G LTE could also be deployed on MNO spectrum and be locally dedicated to the enterprise. For example, if an MNO has excess spectrum, they may sublet it to the enterprise or sell private LTE as a service.
Enhancing Reliability and Delivering Ease of Deployment with Self-Organizing Networks (SON)
Reliable connectivity is key for industrial networks. While Wi-Fi is often employed in these environments, some Wi-Fi systems may lack robust mobility support as devices or machines move from one access point to another, resulting in possible connection drops. Or the connection may drop due to channel collisions or propagation. Loss of a connectivity for just a fraction of a second may shut down the entire production line.
Conversely, Qualcomm's private LTE network model inherently supports seamless handovers when machines or devices are mobile. Private LTE also benefits from years of UltraSON research. Thanks to UltraSON and now private LTE, the network deployment process is simplified to mere dimensioning rather than the extensive network planning and optimization used in macro LTE networks, enabling ease of deployment.
Our UltraSON also reduces the network's deployment and operating costs. Through UltraSON, LTE private network operators spend little time optimizing their network as the UltraSON helps adapt the network parameter settings.
Additionally, unlike macro network, private LTE can be set with dedicated parameters to achieve specific goals. For example, by tweaking certain algorithmic parameters, a fast fallback can be achieved with recovery time reduced to a fraction of the recovery in a macro network.
Engineering Scalable and Easy Credential Management
Authentication is key to the security of a network as it prohibits unauthorized devices from entering the network. Simplifying the deployment of devices within the LTE network, non-SIM authentication technology uses credentials for easy and scalable onboarding of devices. Unlike today's LTE devices which are equipped with SIM cards for authentication, we introduced a non-SIM certificate-based authentication scheme so enterprises no longer have to deal with the inconvenience of managing their SIM cards. Thus, security credentials for IoT devices can be embedded without the need for a dedicated SIM card. The credential can be activated, changed, or revoked in the credential management server by a technician if the device needs to be activated, is changed, or suspended. With the certificate- based credential, the IoT device can authenticate itself with the same level of security as SIM-based authentication.
Ease of Management and Edge Processing
With private LTE, the enterprise does not have to invest heavily to acquire all the network component necessary to operate a public LTE network. All the network functions, including Evolved Packet Core, operation and maintenance, etc., can be virtualized in the cloud and offered as a service. The virtualized network functions can optionally be complemented by a local breakout gateway to minimize latency or for when the enterprise requires tight control on its data.
On the application side, the external cloud service can also perform other tasks such as analytics and processing. Again, depending on the enterprise needs or preference, such analytics can be done on the edge as well. For example, for closed loop processes, when every millisecond counts, the data between sensor and actuator would be routed locally. On the other hand, for a small operation where cost savings are paramount, routing all the data to the cloud would support the enterprise with a lightweight deployment on its premises. By putting analytics on the edge, network operators can reduce the data demand, bandwidth requirements, and latency.
During Mobile World Congress (MWC) 2017, Qualcomm Research conducted a private LTE network demonstration set inside our manufacturing plant, demonstrating how LTE could enhance the plant's efficiency. Several use cases were demonstrated including remote operation of robots and inventory management.
Additionally, our network was provisioned to enable fast fallback and QoS differentiation. Security and ease of deployment were enabled by utilizing pre-provisioned certificate-based authentication, which simplified the deployment of IoT devices without the management overhead associated with SIMs.
During the demo, our network assured QoS, prioritizing critical packets such as commands to the robot. Leveraging a high bandwidth LTE link, the robot streamed its video feed to a cloud-based service which collected the data and provided analytics. As the robot moved through the plant, it seamlessly performed handovers across different LTE small cells. With the fast fallback feature, when the connection was abruptly interrupted, the connection was rapidly transferred to another nearby small cell, minimizing interruptions.
Qualcomm Research continues to actively participate in standardization efforts to enable LTE-based technologies to be used for private IoT networks in the 3.5 GHz and 5 GHz bands. As a founding member of both the CBRS Alliance and the MulteFire Alliance (MFA), we have contributed to the standardization of MulteFire Release 1.0, as well as accelerating CBRS deployments. Going forward, we will continue to add features designed for private IoT to the next release of the MulteFire standard. MFA has a plan associated with private IoT which includes network architecture for IoT and physical layer enhancements for private IoT, which will be included in Release 1.1.
The CBRS band has a unique 3-tier structure that accommodates incumbents and new entrants with different priorities. Qualcomm Research is a key technical contributor to CBRS Alliance and WInnForum coexistence and network architecture work. CBRS Alliance is an industry forum whose objective is to enable LTE-based CBRS deployments in the US 3.5GHz band. The WInnForum is defining protocol and procedures to ensure compliance of CBRS deployments to FCC's rules in a technology agnostic manner for networks deploying in that band. They also developed certification procedures for related products. Qualcomm Research is a key contributor to both organizations.
If you find the work we're doing in Industrial IoT to be exciting, and you have a technical background in private LTE networks, MulteFire networks, or SON technologies, we'd love to hear from you. Please visit us at https://www.qualcomm.com/company/careers to submit your resume.


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Reality television programs
Video recordings for the hearing impaired
|Material Type:
|Internet resource, Videorecording
|Document Type:
|Visual material, Internet Resource
|All Authors / Contributors:
Simon Shaw; Sophie Theunissen; Jonathan Barker; Caroline Ross Pirie; Henry Strozier; Daru Rooke; Wall to Wall Television.; Channel Four (Great Britain); WNET (Television station : New York, N.Y.); PBS Home Video.
|0780644557 9780780644557
|OCLC Number:
|Language Note:
|Narrator, Henry Strozier ; historical consultant, Daru Rooke ; version producer, Sophie Theunissen ; music, The Fratelli Brothers ; directors (vary with episodes), Jonathan Barker, Caroline Ross-Pirie, Simon Shaw.
|Paul Bowler, Joyce Bowler.
|1 videodisc (220 min.) : sound, color ; 4 3/4 in.
|DVD; Dolby surround stereo.
|The time machine --
A rude awakening --
A woman's place --
The end of an era.
|Other Titles:
|Time machine.
Rude awakening.
Woman's place.
End of an era.
Nineteen hundred house
|a Wall to Wall Television Production for Channel Four in association with Thirteen/WNET, New York ; series producer, Simon Shaw.
Just how good were the good old days? Travel back in time with the Bowler family, smitten by the idea of experiencing the Victorian lifestyle right down to corsets, chamber pots and cutthroat razors, as they turn back the calendar to spring of 1900. Their eye-opening experiences of the grueling demands of a bygone era help them to understand another era with an exceptional clarity and a unique perspective.
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Related Subjects:(14)
- Historical reenactments -- Great Britain.
- Home economics -- Great Britain -- History.
- Dwellings -- Great Britain -- History.
- Women -- Great Britain -- Social conditions -- 19th century.
- Great Britain -- History -- Victoria, 1837-1901.
- Great Britain -- Social conditions -- 19th century.
- Great Britain -- Civilization -- 19th century.
- Civilization.
- Dwellings.
- Historical reenactments.
- Home economics.
- Social conditions.
- Women -- Social conditions.
- Great Britain.

subset: commoncrawl


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Weakness and indigestion
Hi, I'm getting week and weaker day to day. I eat food once in a day. The Food is not digesting properly at all. I have headache l have also pain in my knees and after doing some work l exhaust totally
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Copenhagen Avantgarde Music Festival
KLANG is Denmark's largest festival of contemporary music - a gathering point where music lovers meet with ensembles and artists from all over the world interested in the brand new music.
KLANG is bigger than ever before with more than 30 concerts and events distributed over 12 days. KLANG was born in 2009 and grew up on Østerbro. Now the festival is a curious teenager, who in 2017 is moving away from home. The many events of this year's festival will therefore take place at a number of venues in Copenhagen and Frederiksberg.
On May 25th, KLANG opens with the world premiere of the opera Falling Awake on Folketeatret's intimate Hippodrome. It is a violent performance on authority, manipulation, sex and racism!
The concert-church at Blågårds Plads is KLANG's cozy home in 2017. The concert-church will be the frame for a series of concerts with Danish and foreign ensembles and soloists from 27th of May to 5th of June. Here you can experience big international names such as the Jack Quartet (USA) and Plus Minus (UK), but there are also room for famous members of the Danish music family. Among others, the ensemble SCENATET is visiting, and the traditionally-composed composer workshop with the Esbjerg Ensemble, will for the first time stop by Copenhagen.
In 2016, KLANG started a fruitful collaboration with the Tivoli Concert Hall which will host a grand concert on May 30th. Here, an extended Athelas Sinfonietta and Greenland choir Aavaat will present new-classical and upcoming masterpieces!
On May 31th an exciting reunion is awaiting with Holland House and the BARCODE project. BARCODE was launched seven years ago at KLANG. Since then, the project has undergone a longer tour and maturation and is now returning home for the first time in a long time.
KLANG in KU.BE on the 4th of June presents an entire day with and for children. It has been possible to gather a number of Danish music schools and professional actors in a completely newly opened cultural center in Frederiksberg. It will be an intense day with creation and new-music in focus.
"Outside and home" is the focal point of our Nordic project Nordlyd, which for the second consecutive year focuses on the brotherly relationship between the Nordic countries - this year with a particular focus on double nationality. Nordlyd II: Of an asylum seeker's diary, KLANG 2017 ends on 5th of June.
Welcome to KLANG 2017
Christian Winther Christensen and Regin Petersen
Festival management


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Here's a list of events that are happening in Joburg from 27 October until 05 November 2017.
The Grave Yard Shift (Halloween edition)
The Grave Yard Shift ( Halloween edition) featuring Nadia Nakai, Frank Casino, DJ Speedsta and DJ Shimza.
Venue: Neighbourgoods Market, Braamfontein
Dates: 28 October 2017
Time: 20:00
Tickets: Free
Ghostly greeting's to one and all. It's time for their 4th Halloween Ball. Vampires, devils, monsters - we'll see you Freaks on Friday night. On Saturday, unleash those Superhero skin tights.
And for all those that like to dress up as an animal, taco, princess, sushi and so much more.
Venue: Chicago's Piano Bar
Dates: 27 - 28 October 2017
Time: 17:00
Tickets: R170
The Bride of Halloween 2: Plan B from Outer Space
Imagine the sound of an old movie projector sputtering to life, and familiar faces like Dracula, Body Snatchers from other planets, Frankenstein's monster, King Kong, corpses, ghosts, and otherworldly Transylvanians visiting from the silver screen. Imagine a one-night-only blues-rock-based experience where The Black Cat Bones, The Fake Leather Blues Band, Kabaal klankbaan, and Wolfgang Marrow join forces to revive these Hollywood classics from the grave.
Venue: Good Luck Bar
Dates: 28 October 2017
Time: 19:00
Tickets: Free
An Afropolitan Evening featuring Msaki and Dumza Maswana live
A one night with SAMA award nominated artists, Msaki and Dumza Maswana live at the Lyric Theatre. The 2 musicians will, for the first time, perform under one roof, something their fans have been asking for, for many years. This is one show not to be missed.
Venue: The Lyric, Gold Reef City Casino
Date: 23 - 28 October 2017
Time: 20:00
Tickets: R250 - R435
The Orbit is the regularly repeated elliptical course of a celestial or man-made object about a star or planet. In our case, The Orbit becomes the space where musicians reach new heights with unlimited creative spirit and gravitate around each other in harmony and spontaneity to produce the most original and inspiring music.
Venue: The Orbit – Jazz Club and Bistro, 81 De Korte Street, Braamfontein.
Date: 01 November 2017
Time: 20:00
Tickets: R120
* If you have an event coming up, email [email protected] and it may be featured.


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Contact Mountain Bear Construction for all of your home remodeling and construction needs
Give us a call today for all of your home remodeling, home additions, decks, screened porches, custom cabinetry, and blacksmithing needs. You will not be disappointed.
Tim 'Bear' Chase: (919) 796-8560
Contact Us Now Via Email!
You may use the form below to send us an email. We will respond to your email as soon as possible. For a quicker response, please give us a call.


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Craig Anderson to start for Senators on Saturday
Ottawa goalie will play for first time in more than two monthsby Chris Stevenson / NHL.com Correspondent
OTTAWA -- Ottawa Senators goalie Craig Anderson will return to the lineup on Saturday, making his first start in more than two months.
Coach Guy Boucher made the announcement Saturday morning. The Senators host the New York Islanders at Canadian Tire Centre (1 p.m. ET; TSN5, RDS, MSG+, NHL.TV).
"He had done enough in practice to feel like he had enough game situations," Boucher said. "We practised power play (Friday) which is one thing we hadn't done yet with him. After the practice, he told the goalie coach he was feeling good and we'd talk again after he got undressed. We got together and it was clear, 'yup, I'm ready, let's go.'"
Anderson's last start was Dec. 5, an 8-5 road loss to the Pittsburgh Penguins. He gave up seven goals on 43 shots playing 52:36. Anderson took personal leave after that game to help his wife, Nicholle, deal with treatments for throat cancer.
Video: OTT@PIT: Anderson turns away Crosby from tight angle
Anderson ended his personal leave Jan. 30. The Senators have had two full practices in the past week, but Anderson missed practice Monday to help his family settle back into their Ottawa home. Anderson had his own net at practice Friday; Mike Condon and Andrew Hammond shared the other.
"This is like a cold water pool," Boucher said. "You look at it and you want to get in and it's cold and the longer you wait, it's still going to be cold when you get in so I think it's jump in and swim and you'll remind yourself that you know how to swim pretty good. I think that's where it is for Craig. Expectations are not that he's coming in to save us and get us a shutout. Expectations right now are be yourself. It's great to have him back. It's exciting and what's going to happen is going to happen. Hopefully things work out for him right off the bat."


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Library cardholders can browse the collection, check out with their library card, and download eBooks to their PC, Mac, and mobile devices including iPod, iPad, Kindle, Sony Reader, NOOK, and many others. With thousands of titles to choose from, the new collection is guaranteed to have something for everyone!
This new service, powered by OverDrive, is free for patrons with a valid library card from any public library in Fulton, Montgomery, Schenectady and Schoharie Counties. To get started downloading eBooks and see a list of all participating libraries, visit http://mvls.lib.overdrive.com


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Having done that and been sheathed in protective wrapping, the Dandelion yellow model - chassis no. 060 - was stored away by its Japanese owner (who has apparently never in sat in it), complete with leather-cased handbook, Facom tool chest, its gold-plated titanium tools, the full set of matching luggage and the commerative TAG Heuer watch which has the chassis number engraved on its face.
We're with the other PHers though who see some sadness in the spectacle of an exceptional car never destined to see another mile of road. Who wouldn't bet against the next owner spiriting the car away into a drive-in bank vault for another 20 years worth of appreciation? You don't need us to tell you that is definitely not what it was meant for. Truthfully, we'd prefer Blackadder's car, warts and all.
Join the discussion here
See the original advert here


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Helen Norem, 85, passed away Wednesday, May 15, 2013, peacefully at her home in Ames. Helen was born May 8, 1928, in Webster City, the daughter of Ole P. and Nettie K. (Hanson) Frette. She graduated from Radcliffe High School, Radcliffe, in 1945.
Helen Norem, 85, passed away Wednesday, May 15, 2013, peacefully at her home in Ames. Helen was born May 8, 1928, in Webster City, the daughter of Ole P. and Nettie K. (Hanson) Frette. She graduated from Radcliffe High School, Radcliffe, in 1945.
On Dec. 10, 1949, Helen married Henry Ivan Norem at the Little Brown Church in Nashua. They farmed in the Radcliffe area until Ivan�s death in August 1964. Helen remained on the farm until her children graduated from high school and then moved to Ames in 1976. Helen worked a short time at Happy Chef in Story City until she began working for 3M, where she was employed for 20 years. She retired in 1993. During her retirement years, Helen worked in food service, serving seven years at Char�s in south Ames and eight years at Arby�s in Ames. She retired from serving people at the age of 80. Helen cherished time spent with her children and grandchildren; they were by far the most important thing in her life. Helen also enjoyed cross-stitching the Lord�s Prayer for family members and crocheting afghans, making approximately 50 afghans for family and friends. She was a member of Bethesda Lutheran Church in Ames.
She is survived by her three children; John (Rachel) Norem, of Ames, Larry (Jeannine) Norem, of Ames, and Nancy (Jeff) Kellogg, of Sioux City. She leaves behind five grandchildren, Amy (Ryan) Doehrmann, Hank (Melissa) Norem, Alesha (Pat) Farley, Katie Kellogg and Robert Kellogg; and seven greatgrandchildren, Gavin, Madox, Ava, Boston, Claire, Tessi and Layla; and many nieces and nephews.
She was preceded in death by her husband, Henry Ivan Norem; her parents, Ole P. and Nettie K. Frette; one granddaughter, Angela K. Norem; one brother, Francis Frette; two sisters, Opal (Dick) Payton and Arlene (Lefty) West; half-brothers, Elmer, Arthur, and Percy Frette; and half-sisters Agnes Alvestad and Ethel Olson.
A gathering of friends and family will be from 5 to 8 p.m. Friday, May 17, at Grandon Funeral and Cremation Care, 414 Lincoln Way, Ames, with a celebration of life funeral service at 10:30 a.m. Saturday, May 18, at Grandon Funeral and Cremation Care. Burial will be in Williams Cemetery.
On line condolences may be directed to www.grandonfuneralandcremationcare.com


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Programs: Fellows
Katha Pollitt is a Puffin Foundation Writing Fellow at The Nation Institute. Her most recent book, Pro: Reclaiming Abortion Rights, makes a powerful argument for abortion as a moral right and social good. She is the author of seven books, three of which are collections of political essays and columns: Reasonable Creatures (Vintage, 1995); Subject to Debate (Modern Library, 2001); and Virginity or Death! (Random House, 2006). The Mind-Body Problem: And Other Poems is a book of brilliant, poignant, and often funny poems that are full of surprises and originality, and Learning to Drive and Other Life Stories is a collection of personal essays (Random House, 2007).
View the extended bio »
Katha Pollitt is a Puffin Foundation Writing Fellow at The Nation Institute. She has won many awards and prizes for her work, including two National Magazine Awards, one for Essays and Criticism in 1992 and one for Columns and Commentary in 2003. She has been awarded fellowships from the National Endowment for the Arts, the Guggenheim Foundation and the Whiting Foundation. Her most recent book, Pro: Reclaiming Abortion Rights, makes a powerful argument for abortion as a moral right and social good.
Pollitt is a frequent public speaker, with recent appearances at Harvard, Wellesley, Emory University, the University of Louisville, Barnard and the Center for New Words in Cambridge, Massachusetts. She has been a guest on numerous radio and TV programs. Her poems have appeared in Slate and The New Yorker. Her book, The Mind-Body Problem: And Other Poems is a book of brilliant, poignant, and often funny poems that are full of surprises and originality. Her previous work, a collection of essays, Learning to Drive and Other Life Stories, was reviewed in The New York Review of Books: "The essays... describe the challenges that are the lot of an intelligent, fair-minded, politically alert woman with an inconvenient sense of the absurd. They are full of insight and charm."
Return to the overview bio »
View all featured books by Katha Pollitt »
Since becoming governor in 2011, Kasich has signed every anti-abortion measure placed before him.
He was an old-school monarch who made America feel good about itself again.
In her newest book, Katha Pollitt argues why it's time to claim abortion rights as a social good.
There's no telling how far religious exemptions will go under Justice Alito's ruling.
The country's abortion restrictions are under fire — and prochoice activists are surprisingly optimistic.
Christie has filled the place formerly occupied by John McCain: the straight-shooting Republican "maverick."
Amid the bad news for women, the year had its bright moments.
Being a poor mother in the US today means re-using diapers and struggling to afford food. But House Republicans think they have it too easy.
Smacking down the latest anti-abortion fallacy.
Even in the hottest days of the Cold War, Americans accused of spying for the Soviets had their day in court. These days, we have drones and a kill list.
More Featured Work »
High-resolution photograph of Katha Pollitt.
Credit: Christina Pabst
Today I'm returning us to the young Jonathan Schell, the boy who, knowing so little but so terribly open, landed in Vietnam in 1966 and...helped shape our thinking and our world.
Watch the livestream of Gary Younge in conversation with Mychal Denzel Smith and Jeanne Theoharis discussing his book The Speech at 7pm on November 1st.
Katha Pollitt is a likable poet who takes imaginative leaps in time, from a common subway scene to the Persian king Xerxes surveying his army.
The Journalism Fellowship Program enables and supports prominent journalists to write on complex social and political issues facing America and the world. Our Fellows form a unique community of thinkers and writers, and are energetic contributors to the intellectual life of the country. We also encourage our Fellows to pursue book projects, write Op-Eds and appear as commentators, critics or analysts on radio and television.
The Nation Institute currently has two endowed fellowships, the Puffin and the Knobler Fellowships. If you want to learn more about our named fellowship programs, or if you wish to endow a fellowship, please contact Executive Director Taya Kitman at 212-822-0252 or email@example.com.


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Product Liability Attorney Denver - The Fang Law Firm
Finding the right product liability attorney in Denver
Protect Yourself from False Advertising and Poor Quality Control
Technology and innovation have brought hundreds of thousands of products to store shelves and websites, and all of them readily available to the public. We choose which of these are worthy of being brought into our lives based on the needs they're designed to fulfill, recommendations from peers, and marketing claims. Some exceed our expectations while others fall short, but a few can actually be dangerous or deadly. If you've fallen victim to such a situation, a Product Liability Attorney may be able to help.From household cleaning solutions to high-end digital devices, thousands of everyday products have caused serious bodily injuries or the loss of life. Most product liability cases fall into one of three categories, and each is geared toward a specific link in the supply chain and covered by a distinct set of laws.


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Can Barz Pty Ltd & Anor v Commissioner of State Revenue & Ors (No 2); Scott and Bird & Ors v Commissioner of State Revenue (No 2) [2016] QSC 181
This decision serves as a reminder that unreasonably and imprudently rejecting an informal offer of settlement could potentially lead to an order for indemnity costs.
Read on for the rest of the analysis by Petrina Macpherson and Sarah Cahill.
In April 2015, the Commissioner of State Revenue (Commissioner) assessed that the applicants (beneficiaries, custodian and trustees of a self-managed superannuation fund) were liable for more than $2.6M tax (excluding penalty and interest). At the same time, the Commissioner decided that the applicants formed a group for the purpose of the Payroll Tax Act 1971 (Qld), with the effect that each were jointly and severally liable for the tax debt. Two of the applicants applied to be excluded from the group, and the Commissioner rejected that application. The Commissioner issued garnishee notices directing the payment of $250,000 from the sale of a property held by the superannuation fund towards the tax debt.
The court had previously decided two applications by the applicants for the judicial review of the decision refusing to sever the two applicants from the group and an order declaring the garnishee notices invalid. The applicants were unsuccessful in their application for judicial review, and Bond J held that the Commissioner's decision was valid. The applicants were successful in their application for declaratory relief, and Bond J declared the garnishee notices invalid.
The present proceedings related to the costs orders to be made in the above proceedings.
The Commissioner sought costs on a standard basis in the judicial review proceeding, on the basis that costs should follow the event. The applicants contended that there should be no order as to costs in favour of the Commissioner, pursuant to section 49(1)(e) of the Judicial Review Act 1991 (Qld) and on grounds of public interest.
The applicants sought indemnity costs in the garnishee order proceeding as a result of three offers to settle by the applicants being rejected by the Commissioner, either pursuant to rule 360 of the Uniform Civil Procedure Rules 1999 or the common law regarding Calderbank offers.
Bond J held that:
- the Commissioner pay the applicant's costs of the garnishee order proceeding, but not on an indemnity basis; and
- the applicants pay the Commissioner's costs of the judicial review proceeding.
With regard to the garnishee order proceeding, Bond J observed that 'it is clear that the imprudent refusal of an informal offer to settle may in appropriate circumstances justify the making of an indemnity costs order'. In rejecting the request for indemnity costs, Bond J took into account that it was not unreasonable or imprudent for the Commissioner to reject the offers made by the applicants, and that to accept such offers would have required the Commissioner's 'virtual complete capitulation'.
With regard to the judicial review proceeding, Bond J rejected the applicants' argument that there was substantial public interest in the judicial review proceeding such that there should be no order as to costs.


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ERIC Number: ED181951
Record Type: RIE
Publication Date: 1979-Jul
Pages: 41
Abstractor: N/A
Reference Count: 0
Associate Faculty Handbook, 1979-1980.
Palmer, Arvin
Procedures and guidelines are presented for the associate faculty at Northland Pioneer College, as compiled by the College's Business, Public Information, Facilities, and Student Services Offices and by the Offices of Instruction and of the President. The handbook first enumerates 18 standards and expectations dealing with accreditation criteria, grading and evaluation, use of facilities, classroom safety, and instructor performance. General information on 28 topics follows, including salary information, contracts, pay periods, certification, the community college course, load limitations, mileage reimbursement, the course outline, proposing a new course, class cancellations, meeting the class the first week, the 45th day, grade sheets, field trip procedure, textbook selection and acquisition, supplies, lab fees, alternative learning, support services, grading policy, required meetings, liability insurance, budget development, use of leased facilities, duplication services, contact procedures, and procedures for special problems. The President's philosophy of administration is then presented, detailing the administrative organization of the college in relation to accountability, decision-making, and management. The handbook includes organizational charts, a list of contact persons, a 1979-80 academic calendar, and a glossary of terms. (JP)
Descriptors: Administrative Organization, Administrator Responsibility, College Faculty, Community Colleges, Faculty Handbooks, Faculty Workload, Guidelines, Institutional Characteristics, Noninstructional Responsibility, Part Time Faculty, Standards, Teacher Evaluation, Teacher Orientation, Teacher Responsibility, Teacher Role, Teacher Salaries, Two Year Colleges
Publication Type: Guides - Non-Classroom
Education Level: N/A
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: Northland Pioneer Coll., Holbrook, AZ.
Note: For a related document, see JC 800 059


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William Tregurtha has landed a drive in the highly competitive Ginetta Junior Championship next season.
The 14-year-old finished seventh in the Junior Rotax Super One British Karting Championships last year in his first full national campaign.
The Shenley Brook End student will step up into tin-tops for the first time, racing on the same schedule as the British Touring Car Championship at the country's top circuits.
William has signed with Richardson Chassis Engineering (RCE), who have dominated oval racing in the UK for the last decade.
With a desire to compete in the Le Mans 24 Hours, William sees the KICK Start Energy Ginetta Junior Championship as the perfect progression from karting thanks to the clear Ginetta route from entry level sports cars, into Le Mans prototypes.
William, who is mentored by Tim Sugden, said: "I can't wait to get started.
"I've had a fantastic time in karting with great support from my team KR-Sport but this is an incredible opportunity to race on the BTCC package in front of huge crowds at the country's best circuits.
"I intend to grab this chance with both hands and want to win races, achieve plenty of podiums and win top rookie prize.
"Working with someone like Dave [Richardson] will be a great experience."
Despite being one of the youngest drivers on the Junior Rotax grid, William backed up his British Championship success with top 10 finishes in the British Kartmasters Grand Prix and British Open. He also reached the final four in the Ginetta Scholarship last October.
RCE will initially focus entirely on Tregurtha, who turns 15 just a couple of days before the first round of the KICK Start Energy Ginetta Junior Championship takes places at Brands Hatch at the start of April.
Dave Richardson of RCE said: "The time is right for us to move into circuit racing. We have had outstanding success in oval racing but this is an exciting new challenge for myself and the company.
"We will of course continue to build and develop winning oval cars but this gives us a chance to show our skills to an entirely new audience.
"Will is a very talented and focussed young man.
"At a very young age his results speak for themselves in a hugely competitive karting class and he has also tested very well in cars at the end of last year.
"To reach the last four of the Ginetta Junior Scholarship against nearly 60 other drivers was another great achievement.
"He has impressed everyone with his attitude off the track as well as his ability behind the wheel so I am looking forward to working with him."


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Rhubarb is a curious plant to my generation. It's not grown in every garden as it once was. I imagine due to its size and longevity.
- What is it?
- How do you grow it?
- What do you do with it?
- … and a few ideas.
It's that time of year again when that hardy perennial is at its peak, even this year with our colder than average temperature and heavier than average rainfall. Often times dubbed the "pie plant," rhubarb is truly so much more.
While my husband absolutely salivates over Strawberry Rhubarb Pie, this tart fruit is absolutely stupendous in savory dishes as well. And yes … I didn't misspeak, I do mean fruit. More on that later.
While in some climates, rhubarb can be found year around, in the northern sections, it is found in our markets usually from April until June. I am buying rhubarb now from Puyallup, WA and am told that Oregon rhubarb will also soon be available in our stores. While local produce will be delayed, I'm told, by 3-4 weeks, rhubarb is in its prime.
What to Look For:
Thin, red, crisp stalks have the best texture. If stalks are floppy, it indicates they were picked too long ago.
How to Store:
Wrap in plastic and refrigerate for up to 1 week.
How to Grow:
Rhubarb is a perennial vegetable that grows well in most of the United States.
While I will admit that I truly disliked rhubarb as a child, I will say that even so, I was fascinated by the gigantic dark green leaves (which are toxic by the way) and their brilliant scarlet stalks that always grew in my Grandma Maria's garden in Wapato, Washington.
The family would be so excited when she began to make her rhubarb pies. Secretly, I couldn't wait for the "season" to end for fear I would have to "take a bite." In retrospect, how I long for those days now. Those endless summer days spent catching grasshoppers with my cousins, dressing up, creating outdoor plays and picnics under the trees; the scorching eastern Washington sun tanning our noses and arms and legs … and the absolute freedom to explore and dream and … just be. And it all began with the first fruits of the season … rhubarb and its like.
Rhubarb has been used medicinally in China since 2700 BC and is a native plant of western China but also grows prolifically along Russia's Volga River. Rhubarb has been used as a strong laxative for more than 5,000 years and has an astringent effect on the mucous membranes of the mouth and the nasal cavity.
Nutritionally, rhubarb is rich in vitamin C and dietary fiber.
Oh … the fruit thing. One would think rhubarb would be classified as a vegetable. One would be wrong. It is considered a fruit, since 1947. A New York court ruled it a fruit for regulation and taxation purposes. Apparently, by classifying it as a fruit, it reduced taxes paid.
To get you in the mood for the season, I've posted a recipe for Strawberry Rhubarb Pie. It's a family favorite that is delicious served warm and cold, depending, of course, on the weather. Enjoy … no matter what our spring weather brings.
- Rhubarb Cake – A Simple Recipe I Wait for All Year Long
- A Simple Seasonal Strawberry Rhubarb Cake
- Strawberry Rhubarb Tart and Mini Galettes
- Strawberry Rhubarb Bars
- Strawberry Rhubarb Pie
- Season's Best: Rhubarb


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One of the best gadgets to enjoy mobile games is iPhone. Pirate cat is one of the top games for iOS and we can help you to play it without any payments! To download Pirate cat for iPhone, we recommend you to select the model of your device, and then our system will choose the most suitable game apps. Downloading is very simple: select the desired ipa file and click "download free Pirate cat", then select one of the ways you want to get the game. Just a few easy steps and you are enjoying Pirate cat for iPad or iPod. And remember! We update our collection of free ipa games daily, so stay tuned!
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Basic Material New Highs: Abraxas Petroleum Corp. (NASDAQ:AXAS), Warren Resources,. (NASDAQ:WRES), C&J Energy Services. (NYSE:CJES), Alcoa (NYSE:AA), Pioneer Energy Services (NYSE:PES)
Abraxas Petroleum Corporation (NASDAQ:AXAS) on 24 June announced the closing of its public offering of 11,500,000 shares of common stock including 1,500,000 shares sold pursuant to the exercise by the underwriters of their full option to purchase additional shares at a price of $5.00 per share, less applicable underwriting discounts. Abraxas Petroleum Corp. (NASDAQ:AXAS) net profit margin is 43.20% and weekly performance is 15.90%. On last trading day company shares ended up $6.05. Analysts mean target price for the company is $6.28. Abraxas Petroleum Corp. (NASDAQ:AXAS) distance from 50-day simple moving average (SMA50) is 16.07%.
Warren Resources, Inc. (NASDAQ:WRES) held its Annual Meeting of Shareholders on June 10, 2014. The matters voted upon To elect each of Mr. Chet Borgida and Mr. Marcus C. Rowland as directors for a term expiring at the 2017 Annual Meeting, or until their successors are duly elected, To approve an amendment to the Charter, as amended, to increase the number of authorized shares of our common stock from 100,000,000 to 200,000,000, Ratification of the appointment of Grant Thornton LLP as independent auditors for 2014 and To approve, on a non-binding advisory basis, the Company's compensation of its named executive officers as disclosed in the 2014 proxy statement. Warren Resources, Inc. (NASDAQ:WRES) shares advanced 3.36% in last trading session and ended the day on $5.85. WRES gross Margin is 71.70% and its return on assets is 9.40%.Warren Resources, Inc. (NASDAQ:WRES) quarterly performance is 25.00%.
C&J Energy Services Inc. (NYSE:CJES) late Wednesday agreed to merge with Nabors Industries Ltd.'s completions arm in a $2.86 billion deal that would create one of the largest hydraulic fracturing (fracking) businesses in North America. C&J Energy Services Inc. (NYSE:CJES) shares moved up 0.03% in last trading session and was closed at $32.82, while trading in range of $31.52 – $34.93. C&J Energy Services Inc. (NYSE:CJES) year to date (YTD) performance is 42.08%.
Alcoa Inc. (NYSE:AA) said it agreed to buy Firth Rixson, a maker of jet engine components, for $2.85 billion from private-equity firm Oak Hill Capital Partners. Alcoa is trying to insulate itself from the ups and downs of the commodity business by focusing on high-profit end products like aerospace and automotive parts. Alcoa Inc. (NYSE:AA) ended the last trading day at $14.94. Company weekly volatility is calculated as 1.88% and price to cash ratio as 26.34.Alcoa Inc. (NYSE:AA) showed a positive weekly performance of 3.32%.
On 15, May Levi & Korsinsky, LLP is investigating Pioneer Energy Services Corp. (NYSE:PES) in connection with possible claims of breaches of fiduciary duty by certain members of the board of directors of the Company. Pioneer Energy Services Corp (NYSE:PES) net profit margin is -3.80% and weekly performance is 3.47%. On last trading day company shares ended up $17.28. Analysts mean target price for the company is $16.79. Pioneer Energy Services Corp (NYSE:PES) distance from 50-day simple moving average (SMA50) is 13.03%.


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5 gal. buckets of Tide or Gain Laundry Detergent
I manage a distribution company for detergent. Everything comes in 5-gal containers. We have (Tide - Gain - Downy). I'm looking for more customers in your area. I will offer you a FREE Container for every 9 customers you bring me. We have been in business for 4 yrs now and looking to expand in your area. If interested call 812-214-5587. Thanks!
Updated 26-Mar-2012
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Just a couple days sort of completing my 30-day sentence, my chastity has been extended ... and I am now locked up until May 6!
After nearly 30 days of being cockless, I am faced with another week of having my little clit locked up and forgotten. Along with the fact that my cocklet is basically ignored, the black device (which is the preferred cage) keeps me from even seeing my little dick and after a month ... I've nearly forgotten what it is and what it looks like.


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Kim Kardashian, Beyonce and X Factor judge Cheryl Cole are three of the most glamorous women on the planet.
With their fierce 'big hair, don't care' attitude and love of all things bling, the ladies are adored by millions.
This time a few years ago no-one could have predicted the impact that reality TV princess Kim would have on our wardrobes.
From THAT wedding dress to her love of pencil skirts Mrs Kanye West is on a fast track to the top most stylish women in the world.
Meanwhile, superstar singer Beyonce is currently wowing audiences on her On The Run tour with her husband Jay Z with her risqué costume changes.
Earlier this week the mum-of-one rocked a raunchy fishnet leotard, balaclava and tights on stage in Baltimore.
And fans of Britain's sweetheart Cheryl can't wait to see what she's going to wear for her dramatic return to The X Factor.
So it's not surprising that the trio, alongside former Coronation Street beauty Michelle Keegan, have been the inspiration for a new fashion collection.
Miss Glam, a leading online shopping destination inspired by celebrity style, recently launched its new Irish website missglamclothing.ie.
The store offers something new and exciting for Irish customers.
Since launching in Northern Ireland and the UK 2010, Miss Glam, delivers the latest trends without the hefty price tag, to trend-savvy ladies.
Think cute floral two-pieces, playsuits and jumpsuits. Festival fans will love the kimonos whilst office workers will impress with the summer chic blazers.


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Picasso's World of Children.
Kay, Helen.
New York: Doubleday, 1965. 241 pp. 4to. Cloth in dustjacket. Yellowing and edgewear to dj, bumping to corners, small tears to spine foot, small sticker to front flap, price clipped. Book in excellent condition, small dark mark to fore edge of textblock. Illustrated with 190 reproductions including 28 in color. Near Fine in Very Good DJ Cloth (Item ID: 138137)
- More: ARTISTS
- By This Author: Kay, Helen.


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You are currently browsing the tag archive for the 'Poetry' tag.
Spring Snow (In the Next Galaxy, Copper Canyon Press, 2002)
Rain of remembering;
late snow turning to rain.
Then in the cold house,
alone in bed,
the soft stutter on the roof,
random phrases; your voice,
only your voice. How can
it be that voice that touched
me everywhere?
And what you said,
if only I could hear it again
in its intensity.
Essence distilled
in the moment of waking,
the delicate mold and odors
of the breaking apart of winter,
in the soft snow that comes
between the past and the chill
distillation, the whisper of air
split between the perfume
of melting crystals; the clasp
and letting go.
"Yes–the springtimes needed you.
Often a star was waiting for you to notice it.
A wave rolled toward you out of the distant past,
or as you walked under an open window,
a violin yielded itself to your hearing.
All this was mission.
But could you accomplish it?
Weren't you always distracted by expectation,
as if every event announced a beloved?"
from Duino Elegies by Rainer Maria Rilke,
translated by Stephen Mitchell
Click on the following link to find Poetry Events.
Image by Texas Eagle
This Friday on Accents – a Radio Show for Literature, Art and Culture guests are poet Jessica Thompson and fiction writer Susan Richards! Tune in at 2pm to WRFL 88.1 FM Radio Free Lexington!
Hope you will tune in to hear me talk about my new poetry collection, "Bullets and Blank Bibles."
Click here: Announcing….
Coming February 2013 by Liquid Paper Press
"Highway" by Faiz Ahmed Faiz
A despondent highway is stretched,
its eyes set on the far horizon
On the cold dirt of its bosom,
its grayish beauty spread
As if some saddened woman
in her lonely abode, lost in thought.
In contemplation of union with her Beloved
every pore sore, limbs limp with exhaustion.


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Ideal time to visit Vienna : First time visitors, we recommend to come mid May – end September. Then they get to do indoor and outdoor activities. In fall the new cultural season starts with new opera plays, new exhibitions etc. In mid November the romantic Christmas markets open and thousands of lights let the city shine bright. The peak of the ball season is in January/February (Vienna boats of the musical heritage of Mozart, Beethoven, Strauss. One of the best ways of enjoying a city is to experience its culture. Each year more than 450 balls take place here, and the three-quarter rhythm is supplemented by more contemporary sounds, offering enjoyable dancing for every taste.) Best places to stay for Honeymooners : Romantic hideaways like the tradtional Hotel Sacher (Viennese signature cake "Sacher cake" comes from it) or the Hotel Imperial, where kings and stars stay, are a good choice for Honeymooners. For more info, log on to: www.sacher.com, www.imperialvienna.com Must visit places : * Schönbrunn castle (number one sightseeing attraction in Austria), its park and the lovely zoo (oldest zoo in Europe) www.schoenbrunn.com * The MuseumsQuarter, former imperial horse stables, which are nowadays one of the largest cultural areas in the world with outstanding museums www.mqw.at* A coffeehouse, e.g. Cafe Prückel or Cafe Museum. Have coffee and taste the variety of Viennese sweets. * Vienna is surrounded by green areas, lovely hills and vineyards. Head out to Grinzing, Nußdorf or Stammersdorf (all still part of the city's territory), quiet areas with small houses, where you can taste local wine. www.vienna.info/en/shopping-wining-dining/wine* The Prater amusement park and the Giant Ferries Wheel, from which you have a wonderful view on the city – especially shortly before sunset. Best places to eat local food : Vienna is probably the only city in the world to have lent its name to a particular style of cooking. The recipe behind the success of Viennese cuisine is extraordinarily simple: all you have to do is take the very best culinary traditions from Bohemia, Austria, Hungary, Italy and the Balkans and blend them together to make some unusual dishes. In fact, the roots of many quintessentially "Viennese" specialties can be traced back to neighbouring countries, which is hardly surprising given that Vienna was the heart of the Austro-Hungarian monarchy for centuries – a union which brought together countless cultures with their own unique culinary identities. The capital's location – close to Hungary, Bohemia and Moravia – and the presence of exceptionally gifted female cooks from all over the empire in well-to-do Viennese households saw the city's cuisine take on a distinctly Eastern European flavor. Hungary contributed goulash, as well as the strudel, which it in turn had borrowed from Turkey. Bohemia, now part of the Czech Republic, contributed many of the city's pastries (known as Mehlspeisen). In line with Bohemian tradition, heavy, sweet dishes such as pancakes and apricot dumplings are often served as a main course. The jewel in the Viennese culinary crown, the Wiener Schnitzel, is rumored to have reached the Austrian capital from Istanbul via Venice and Milan.Over 800 dining establishments are concentrated in the old city center alone, many of them being traditional ones. Places that won't disappoint you are: * Gasthaus Pöschl, Weihburggasse 17 – so local it dioesn't even have a website* Glacis Beisl, in the MuseumsQuartier, www.glacisbeisl.at* Gasthaus Wolf, Große Neugasse 20, www.gasthauswolf.at* Coffeehouses and traditional wine tavers are a good option also* For the list of Indian restaurants in Vienna, log on to http://triponomics.com/TripDetail.aspx?TripID=146 on Triponomics. It has the entire list of restaurants with email ids & contact details. Tips on where to shop : For luxury shopping, do visit the main shopping streets of Kohlmarkt, Graben and Kärntner Strasse that form a pedestrianized area, which is known locally as the Golden U. Kohlmarkt is Vienna's most exclusive shopping street, lined with international brands. Amidst all this luxury, you will find former Imperial court confectioner, Demel (est. 1786) that provides Vienna's sweet treats. A few buildings down is the equally illustrious Meinl am Graben, with its delectable delicacies. On Graben, Altmann & Kühne awaits with its fine pralines, lovingly packaged in little boxes. Meanwhile Schwäbische Jungfrau is the place for exclusive tableware, bed linens and bathrobes; J. B. Filz's stock in trade is upmarket cosmetics. Do check out the antique shops in First District. The side streets around Graben, (incl. Dorotheergasse, Stallburggasse and Bräunerstrasse) are brimming with boutiques selling Baroque armories, renaissance chests, fine carpets, magnificent timepieces, paintings, porcelain and antique jewellery. You could also visit the Old Town to check out the leading international brands. Here, you will also find countless eateries, including cafés, ice-cream shops, fast food restaurants and pizzerias. Finally do visit Naschmarkt - its a mandatory destination for lovers of fine food and drink, featuring fruits and vegetables, meat and fish, cold cuts and cheeses, spices and gourmet vinegar. There is practically nothing that the Naschmarkt doesn't have. Visit to a Vineyard : Take tramway 38, 43 or D to their final station and start exploring the vineyards there. Cycling : 1200 km of bike path in the city. The Citybike is a public bike rental system that allows you to visit Vienna's sights by bicycle at your convenience. All you need to do is register with your credit card. Every first hour of use is free www.wien.info/en/vienna-for/sports/cycling/citybike Navigating the city on public transport : Within the old city center everything is in a very walkable distance. All major sights are close to a metro station. There a differnet kinds of tickets. It's most convenient to buy a Vienna Card (19,90€), which gives you unlimited travels on public transport for 72 hours plus discounts on most museums and sights www.wien.info/en/travel-info/vienna-card Places that you could combine with Vienna : Budapest and PragueInternational direct train connections to Budapest (2h50min) and Prague (4h50min). Bratislava, the capital of Slovakia, is only 60 min away. You can travel there by boat (1,5 hours) twincityliner.com
Source / Review By : Vienna Tourist Board


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U.S. equity futures are higher in the first trading session of 2018 offsetting Friday's last hour sharp drop, as Asian stocks roar to new all time highs, while a surging euro which has rallied near to a 3 year high thanks to the sliding dollar, which in turn dropped to a 3 month low, pressured European stocks across the board. WTI crude oil prices retreated from a 2-1/2 year high despite initial upside as a result of the Iran violence. Treasuries fell, while gold extended a three-week rally.
Sentiment was also helped by news that North Korea had offered an olive branch to South Korea, with Kim Jong Un saying he was "open to dialogue" with Seoul.
European stocks inched lower on the first trading day of the new year, extending a losing streak that trimmed 2017 gains last week, while the euro rises to $1.2035, a level not seen since September. Europe's Stoxx 600 fell 0.5% while the euro gained as much as 0.5% to $1.208, flirting with September peak. As a result, the exporter-heavy DAX was the most hit among European benchmarks, down 1% and losing ground for fifth session. Europe's auto sector index down 2%, hit by strengthening euro as well as by bleak outlook from Hyundai, and a drop in French new car registrations: Lufthansa, BMW, Volkswagen, Daimler were among the biggest decliners.
European bonds likewise started off the year on the wrong foot, with yields rising following strong inflationary signals from today's EU manufacturing PMIs and the latest German CPI. Of note, Germany's 10y yields on course to 0.50%.
Also of note: with the start of 2018, ECB QE resumes at a slower pace of €30 billion per month for nine months. The reduced purchases in 2018 means that net supply of EGBs will be almost flat, strongly contrasting with deeply negative net supply in previous years, driving 10y bund yield to 0.85%, according to Socgen.
Overnight, the ECB's Mersch has warned against too slow an exit from expansionary monetary policy, stating that current policy risks undermining the Euro Area's 'culture of saving'. Meanwhile, ECB's Coeure said that he sees "a reasonable chance" the ECB's PSPP will not be extended again when it expires in September.
A breakdown of today's Eurozone PMIs, which printed at the highest level on record:
- Eurozone Markit Manufacturing Final PMI (Dec) 60.6 vs. Exp. 60.6 (Prev. 60.6)
- German Markit/BME Manufacturing Final PMI (Dec) 63.3 vs. Exp. 63.3 (Prev. 63.3)
- French Markit Manufacturing Final PMI (Dec) 58.8 vs. Exp. 59.3 (Prev. 59.3)
- Italian Markit/ADACI Manufacturing PMI (Dec) 57.4 vs. Exp. 58.6 (Prev. 58.3)
- Spanish Manufacturing PMI (Dec) 55.8 vs. Exp. 56.4 (Prev. 56.1)
"Forward-looking indicators bode well for the new year," Chris Williamson, chief business economist at IHS Markit which compiled the manufacturing data, pointing to a near record pace of new orders and job creation.
Earlier, Asian stocks showed no concerns as they blasted off to new all time highs to greet the new year, supported by strong Chinese data. The Caixin Manufacturing PMI, released overnight, came in at 51.5, beating estimates of 50.6. This helped the Chinese bourses outperform with the Hang Seng (+1.8%) and Shanghai Composite (+1.0%) outperforming other indices. South Korean markets edged slightly higher (+0.4%), despite the recent geopolitical developments in the North with Kim Jong Un claiming he has a "nuclear button" on his desk. Korean automakers underperformed as both Hyundai and Kia Motors warned of only modest sales growth this year. Japanese markets were closed for a public holiday.
Chinese stocks greeted the new trading year with solid gains after Caixin factory index beats all estimates and a report suggests nationwide property tax may not start before 2020 according to Bloomberg reports. H-shares rallied as much as 2.8% while Hang Seng rose 1.7%.
In macro, as noted overnight the dollar weakened against all G10 peers, extending last year's underperformance even as cryptocurrencies surged.
The U.S. currency fell further as London trading resumed after the new year holiday, with the Bloomberg Dollar Spot Index fell for a fifth day, reaching its lowest level since Sept. 26, while the broader DXY index touched a four-month low against the euro, which was buoyed by strong manufacturing PMI data, which hit a new all time high despite a handful of notable countries seeing their PMIs peak. Trading was muted in Asia with Japanese markets closed until Jan. 4.
Tuesday's dollar drop added to the dollar's more than 12 percent slide against the euro last year, its worst performance since 2003. Analysts surveyed by Bloomberg forecast the U.S. Dollar Index to slide further in 2018 as concerns about low inflation raise questions about the prospects for tighter Federal Reserve policy. "In our call of further dollar depreciation this year we are assuming a cautious approach by the FOMC given the considerable inflation undershoot last year leaves greater room for a more patient approach than many assume," said Derek Halpenny, European head of global market research at MUFG. While the Japanese bank sees two Fed interest-rate increases this year, it predicts a 5% slide in the dollar index.
A major hurdle for the U.S. currency will be Wednesday's release of minutes from the Federal Reserve's December meeting when it raised interest rates. Two policymakers voted against the move amid doubts inflation would accelerate as hoped.
With the market now pricing in a 68 percent chance of a March hike and two hikes for 2018, there will be close inspection to assess just how shaky their confidence is for any pick-up in inflationary trends said Chris Weston, chief markets strategist at broker IG in Sydney.
"That said, the U.S. dollar is underloved and oversold and it won't take much to promote a bout of profit-taking from the shorts."
The dollar's slide meant strength for emerging markets, and sure enough South Korea's won and Taiwan's dollar led gains in Asia's emerging-market currencies amid speculation exporters are selling U.S. dollars. The MSCI EM Asia Index rose the most since October and sovereign bonds climbed. Most Asian currencies opened the new year on a firmer footing amid talk of exporters selling U.S. dollars and after inflows into regional stocks. The yen was steady, the Aussie advanced with stronger iron ore prices and the kiwi strengthened for a 10th day. Thai and Philippine financial markets were shut for public holidays. The onshore yuan strengthens beyond 6.5 per dollar as PBOC drains a net 290b yuan of liquidity; Aussie outperforms G-10 peers, yen slightly softer.
In rates, T-note futures drift sideways as cash Treasuries remain closed for Japanese holiday. Germany's 10-year yield gained three basis points to 0.45 percent, the highest in almost 10 weeks. Britain's 10-year yield advanced seven basis points to 1.258 percent, the highest in more than a week.
The skid in the dollar, combined with strength in Chinese demand, has benefited commodities priced into the currency. Copper dipped back a little on Tuesday to $7,223.50 a tonne, but that follows a rise of 31 percent in 2017 to a four-year top. Aluminium amassed gains of 34 percent.
Gold was 0.37 percent firmer at $1,310 an ounce, after advancing by 13 percent in 2017 for its best performance in seven years.
Brent crude oil futures ended the year with a 17 percent rise, while U.S. crude climbed 12 percent on strong demand and declining global inventories. On Tuesday, Brent dipped a few cents at $66.85 a barrel, while U.S. crude firmed 3 cents to $60.47.
Market Snapshot
- E-Mini futures on S&P 500 up less than 0.1%
- E-Mini futures on Nasdaq 100 down less than 0.1%
- S&P 500 fell 0.5% on Dec. 29
- STOXX Europe 600 down 0.3% to 388.10
- MSCI Asia Pacific up 0.8% to 175.06
- MSCI Asia Pacific ex Japan up 1.1% to 575.36
- VIX Index down 0.5% to 10.99
- WTI crude futures down 0.2% to $60.30/bbl
- Brent futures down 0.1% to $66.78/bbl
- Bloomberg dollar spot index down 0.4%
- U.S. Dollar Index down 0.3% to 91.94
- Gold spot up 0.6% to $1,310.84
- German 10Y yield rose 2.5 bps to 0.452%
- Euro up 0.3% to $1.2050
- Italian 10Y yield rose 5.9 bps to 1.747%
- Spanish 10Y yield rose 3.1 bps to 1.598%
- Nikkei down 0.08% to 22,764.94
- Topix down 0.08% to 1,817.56
- Hang Seng Index up 2% to 30,515.31
- Shanghai Composite up 1.2% to 3,348.33
- Sensex down 0.01% to 33,808.10
- Australia S&P/ASX 200 down 0.06% to 6,061.28
- Kospi up 0.5% to 2,479.65
Top Overnight News
- President Donald Trump and many Democrats and Republicans in Congress all enter the new year spoiling for a fight. Unresolved issues set aside in 2017 to make way for a tax overhaul are poised to surface early in 2018, giving Trump the opportunity for the confrontation with Washington's establishment that he's promised since his election
- President Donald Trump said Iran is failing and called for a change there, as security forces clashed with demonstrators rallying in a rare show of displeasure with the country's leaders
- Euro-area manufacturing output rose by a record in December, capping a solid year that saw industry benefit from an improving global economy
- A senior Iranian official said he hopes protests that have roiled Iran over the past five days will die down in a few days. More than a dozen people have died in the unrest, which began with a rally against rising prices and the government's handling of the economy before turning into a wider protest against the political establishment
- Vice President Mike Pence, who postponed a Middle East trip after Arab leaders denounced the U.S. for recognizing Jerusalem as Israel's capital, will come this month despite speculation that he had delayed it again, an aide said.
- North Korean leader Kim Jong Un's call for talks to ensure the success of the Winter Olympics in South Korea next month -- and improve overall inter- Korean relations -- represented a tactical shift for a regime that had previously shunned dialogue offers from Seoul
- Gold is opening the new year on the front foot. Bullion advanced for an eighth straight day to head for the longest stretch of gains since mid-2011
- China's economy begins 2018 facing what its own leaders call three years of "critical battles."
BP Plc, the British oil major that invests more in the U.S. than anywhere else, expects to take a charge of about $1.5 billion following recent tax changes in the country, despite the prospects of long-term gains from the legislation
GFG Alliance, the acquisitive group led by U.K. businessman Sanjeev Gupta, agreed to purchase an Australian coal mine from Glencore Plc to feed its steel operations in the country
New York Fed search committee is casting a wide net to find a replacement for outgoing president William Dudley
Asian stocks began the year in positive territory, supported by strong Chinese data. The Caixin Manufacturing PMI, released overnight, came in at 51.5, beating estimates of 50.6. This helped the Chinese bourses outperform with the Hang Seng (+1.8%) and Shanghai Composite (+1.0%) outperforming other indices. South Korean markets edged slightly higher (+0.4%), despite the recent geopolitical developments in the North with Kim Jong Un claiming he has a "nuclear button" on his desk. Korean automakers underperformed as both Hyundai and Kia Motors warned of only modest sales growth this year. Japanese markets were closed for a public holiday. The latest Chinese Mfg survey data was as follows:
- China Manufacturing PMI (Dec) 51.6 vs. Exp. 51.6 (Prev. 51.8)
- China Caixin Manufacturing PMI (Dec) 51.5 vs. Exp. 50.6 (Prev. 50.8)
- China Non-Manufacturing PMI (Dec) 55.0 vs. Prev. 54.8
Top Asian News
- Solid Singapore Growth Lays Ground for Possible Tax, MAS Moves
- China Top Developers Head Into 2018 on Back of Buoyant Sales
- China Rail Stocks Rise as 2018 Spending Target Tops Expectations
European equities have kicked the year off on the backfoot despite a relatively upbeat Asia-Pac session which saw indices supported by better than expected Chinese Caixin manufacturing PMI. In terms of sectors, European auto names notably underperform their peers with the European Auto Sector Index enduring its worst day since July of last year. This comes in the context of underperformance in autos during Asia-Pac trade after both Hyundai and Kia Motors warned of only modest sales growth this year. Furthermore, the firmer EUR could also be supressing some of the more currency-sensitive exporters in Europe. Elsewhere, material names underperform despite the encouraging Chinese data overnight, while airline names have seen support after a slew of upgrades at BofA. In fixed income markets, a couple of decent sell orders appear to have exacerbated losses in debt futures, with clips of 2k noted and blocked in Bunds and Gilts at various times on the way down to fresh Eurex and Liffe lows of 161.22 and 124.45 respectively. To recap, Bunds actually traded flat initially, but then sold off immediately, while Gilts somehow resumed Liffe a tick firmer at 125.17 before correcting lower with their Eurozone counterpart and USTs that have succumbed to further weakness amidst the overall decline in bonds and ratchet higher in yields. Various catalysts including upbeat manufacturing surveys, hawkish CB commentary and bearish chart impulses/signals, while looming supply has also impacted (corporate pipeline and sovereign syndications anticipated in 10 year tenors from several Eurozone peripheral member states). Bunds inching closer to the next downside support area around 161.18/yield edging nearer to 0.50%.
Top European News
- U.K. Manufacturing Growth Slows More Than Forecast in December
- EU Can't 'Cherry Pick' Post-Brexit Trade Deal, U.K.'s Davis Says
- U.K.'s Biggest House-Price Jumps Came Outside London Last Year
- Statoil Upgraded at RBC, Shell Top Pick Among 'Super- Majors'
- OPEC Deal Doesn't Stop Russia From Record Oil Output in 2017
- IAG, Norwegian Double-Upgraded at BofAML, Air-France Also Raised
In currencies, the Greenback has extended losses across the board, with the DXY now losing complete grip of the 92.000 handle and heading for 91.500 from around 91.750. No specific bearish news, but the overall trend of Dollar weakness persists into the New Year as markets brace for some potential fundamental drivers via FOMC minutes (Wednesday) and NFP (Friday). AUD and CAD are vying for top G10 performer vs the beleaguered USD with the AUD buoyed by better than expected Chinese PMI data overnight and up towards multi-month peaks around 0.7835. EUR and NZD both around 0.25% firmer vs the Greenback, with the Kiwi eyeing 0.7150 next, while EUR/USD has 1.2050 in its sight following hawkish/upbeat ECB rhetoric and ahead of the final Eurozone manufacturing PMI. GBP has been seen higher throughout the session with initial optimism amid reports of a potential UK cabinet reshuffle which saw EUR/GBP slip below 0.8900 before GBP strength was stuck in its tracks after UK manufacturing PMI (56.3 vs. Exp. 58.0) fell short of expectations.
In commodities, in the energy complex, both WTI and Brent crude futures have been supported by ongoing tensions in the Middle East after Iran's elite Revolutionary Guard Corps (IRGC) announced it is taking charge of security in Tehran as nationwide protests entered their fifth day. This has subsequently offset and over-shadowed any potential bearish pressure from news that Libya have resumed oil flows to the Es Sider terminal and the reopening of the Forties pipeline. In metals markets, gold prices remain supported after breaching USD 1300/oz to the upside last week and alongside a broadly softer USD. Elsewhere, Chinese steel futures were seen higher overnight, although some analysts note fears over potential for upside given the prospects for cold weather to slow construction activity.
US Event Calendar
- 9:45am: Markit US Manufacturing PMI, est. 55, prior 55
DB's Jim Reid concludes the overnight wrap
Happy New Year to you all. I would say that it has been nice to recharge the batteries but the truth is that my batteries were quite full on December 22nd and are now requiring a bit of a jump start. Over the break we had to deal with the twins and Maisie all having horrible coughs, an Ambulance being called out for Eddie on NYE due to breathing problems (he's has viral bronchiolitis but was a bit better yesterday), several 2 year old tantrums, a power cut on Xmas Day just after everyone had finally got to sleep and we sat down to watch 'The Crown', the boiler breaking down on NYE leaving us currently with no heating, about 100,000 calories spread across us over the week and a few too many glasses of red. On the plus side we chose a kitchen for the new house and remarkably yesterday James slept through the night with Eddie (despite being ill) only waking a couple of times. So in spite of a tough Xmas, hopefully we've turned a corner!!
So 2018 will perhaps be the year of uninterrupted sleep! Back to last year, at the end of our note today we do our usual performance review for 2017, December and Q4 with all the charts and table in the PDF. There are a few things that stand out for me about 2017 from the review. 1) Of the regular 39 assets in our sample, a very impressive 38 finished with a positive total return in USD terms and 36 did so in local currency terms. 2) The S&P 500 (+21.8%) ended the year with a positive return in every month - the first time this has ever happened in the 90 years of monthly data we have and; 3) Bunds were the worst performer out of the 39 assets in local currency terms. This is interesting as there is a perception that Bunds are bullet proof given the lack of supply and extreme ECB QE. However the fact that most of the curve still has a negative yield and that 2017 ended with the German economy growing at an annualised rate of over 4% nominal means that even Bunds couldn't defy valuation gravity last year.
On that, today officially marks the point where ECB purchases halve in size from €60bn to €30bn per month. We think the PSPP program might be reduced by relatively more than the CSPP meaning that Government purchases actually drop by more than 50%. One of the biggest stories of 2018 will be how Government bond yields cope with the notable reduction of support from central banks. 2017 was still a peak year for the supply/demand technicals in Govvies. We think 2018 will mark the first year in around 7-8 where QE from the big-3 (Fed, ECB, BoJ) doesn't increase relative to net issuance of the same regions' bonds. So the technicals will deteriorate for the first time this decade all other things being equal.
To kick off the NY we thought we'd briefly recap what has happened since December 22nd with regards to data and any interesting market moves
Firstly on data. In Europe, Germany's flash December CPI reading was above expectations at 1.6% yoy (vs. 1.4% expected), while the final readings of 3Q GDP for the UK (1.7% yoy vs. 1.5% expected) and France (2.3% yoy vs. 2.2% expected) were also above market. In the US, the December Dallas Fed manufacturing index (29.7 vs. 20 expected) and Chicago PMI (67.6 vs. 62 expected) both beat expectations, while the Richmond Fed manufacturing index was slightly below at 20 (vs. 21 expected).
Moving onto key market moves since 22 December. In government bonds, the mini-bond pre-Xmas sell off partly reversed, with the UST 10y yield down 7.6bp to 2.405% and Gilts down 5bp to 1.187%, but Bunds were broadly flat at 0.419%. Over in currencies, the EURUSD experienced a mini flash crash on Christmas day with the currency bouncing 0.84% intraday. It has since stabilised and has climbed c1.3% to above 1.20 and now near its early-September highs. Turning to equities, both the S&P and Stoxx 600 weakened 0.36% and 0.28% respectively. Within the Stoxx, the European banks index dropped 1.57%, likely weighed down by the uncertainties on how US tax reforms will impact foreign banks when it makes payments between its US and global subsidiaries. Gold powered ahead 2.53% to be back above $1300/oz. Finally, Bitcoin retreated c6% over the week and is down c28% from its recent highs on 18 December to be around $13,360 a piece now.
This morning in Asia, China's December Caixin manufacturing PMI beat expectations at 51.5 (vs. 50.7 expected). Equity markets are broadly higher, with the Hang Seng (+1.82%) and China's CSI 300 (+1.30%) both up strongly with gains led by tech, energy and property stocks. The Kospi is up 0.40% but the ASX 200 is down 0.06% as we type, while Japanese markets are closed until Thursday.
Away from markets and onto New Year speeches from politicians. In North Korea, Kim Jong Un appeared to be taking a conciliatory tone, noting that "it's about time that the North and the South sit down and seriously discuss how to improve inter-Korean relations". Over in Germany, Ms Merkel is keen to end the political stalemate to form the next coalition government, she noted that "the world won't wait for us". The talks between her party and the SPD are scheduled to start on 7 January.
Looking at the day ahead, we start the year with the final reading of the December manufacturing PMI for the Eurozone, Germany, France and US, as well as the flash readings for the UK and Italy.


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The longer UCF waits to learn its bowl destination, the less likely it seems the Knights will stay close to home.
UCF is one of many schools hoping for an invitation to a bowl game played in Florida.
Here's a look at the teams college football fans can catch bowling in the Sunshine State:
St. Petersburg Bowl