CSC fends off Simon’s £3bn takeover bid

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first_img by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastBetterBe20 Stunning Female AthletesBetterBeZen HeraldThe Truth About Why ’40s Actor John Wayne Didn’t Serve In WWII Has Come To LightZen HeraldDefinitionDesi Arnaz Kept This Hidden Throughout The Filming of ‘I Love Lucy’DefinitionTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmFinancialAdvisorHeroesSean Hannity New Girlfriend Might Look Familiar To YouFinancialAdvisorHeroesArticles StoneLittle Boy Brings $2 Painting To Antiques Road Show, Not Realizing Its WorthArticles StoneAdventure CrunchHere Are the Most Famous Pro Wrestlers From the Past TodayAdventure Crunch Share US property giant Simon tried to push Capital Shopping Centres (CSC) into scrapping its £1.6bn purchase of the Trafford Centre yesterday with a £2.9bn indicative offer for the entire company.CSC rejected the 425p-per-share proposal after an emergency board meeting yesterday, claiming the move was “yet another attempt by Simon to frustrate the Trafford Centre acquisition”.However, CSC delayed its shareholder meeting planned for 20 December, which would have given investors a chance to approve the Trafford deal with current owner Peel Holdings. Peel backed its stance. Simon welcomed the delay, and urged CSC “to listen to calls from your shareholders – many of whom we have spoken to – opposing the Trafford Centre.”Its indicative offer represents a seven per cent premium to CSC’s share price on Tuesday, and comes with conditions including the end of the Trafford purchase and access to CSC’s books to undertake due diligence. Credit Suisse analyst Steve Bramley-Jackson told City A.M. that Simon’s offer was unrealistic. “I don’t think there’s enough financial headroom for Simon to increase its offer to a level acceptable for CSC shareholders. “A lot of the big CSC investors are involved to maintain exposure to UK property, which they are unlikely to exchange for cash at this stage.”Capital Shopping Centres shares gained 4.9 per cent to close at 415.6p.TIME LINE | THE FIGHT FOR CAPITAL SHOPPING CENTRES24 NovemberCSC confirms it in advanced talks with Peel Holdings to buy the Trafford Centre in Manchester for £1.6bn. The deal looks set to be the biggest-ever single property transaction in the UK. 25 NovemberWorld’s biggest mall-owner and CSC shareholder Simon Property publishes a letter it wrote ahead of CSC’s announcement, urging it to delay its purchase of the Trafford Centre until it can make a takeover offer. CSC shares gain 12.5 per cent. 8 DecemberSimon demands to see CSC’s books so it can perform due diligence ahead of a formal takeover offer, threatening to sell its 6.25 per cent stake; CSC refuses. 8 DecemberSimon sends a letter to the CSC board offering to fund a 400p per share placing, providing Peel Holdings accepts cash rather than a stake in CSC in the Trafford deal. CSC rejects the offer, and Peel writes a letter in support of its position. 15 December: 7amSimon makes an indicative offer of 425p a share for CSC.15 December: 2.30pmFollowing an emergency board meeting, CSC rejects the offer as “yet another attempt by Simon to frustrate the Trafford Centre acquisition”, but says it will delay its EGM.Late January 2011New EGM to vote on Trafford deal. whatsapp KCS-content More From Our Partners Astounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgMark Eaton, former NBA All-Star, dead at 64nypost.comFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale boondogglenypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comConnecticut man dies after crashing Harley into live bearnypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.com‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comKiller drone ‘hunted down a human target’ without being told tonypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comcenter_img CSC fends off Simon’s £3bn takeover bid Tags: NULL Show Comments ▼ Wednesday 15 December 2010 8:45 pm whatsapplast_img read more

GLMS reports decline in Q1 suspicious betting alerts

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first_imgAddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Email Address GLMS reports decline in Q1 suspicious betting alerts The Global Lottery Monitoring System (GLMS), the sports betting integrity body for the lottery industry, has reported a 31.8% year-on-year drop in the number of suspicious betting alerts registered in the first quarter.The body sent a total of 135 alerts to its members during the three months to 31 March, compared to 198 in the corresponding period last year.Football was the sport of most concern for the GLMS in Q1, accounting for 81 of all alerts for the period. Ice hockey followed in a distant second with 19 alerts, then basketball on 17, tennis with 11, volleyball on three, esports with two and one apiece for handball and badminton.Europe accounted for 90 of the total alerts, with 54 being in relation to wagering on football, ahead of 17 for ice hockey, 10 for basketball, four on tennis, three for volleyball and one each for badminton and handball.Asia followed some way behind Europe with 27 alerts, the majority of which were for football betting, then South America with seven alerts, North America on six alerts and Africa with five. The GLMS also noted that it did not register a single alert in Oceania in Q1.More than three quarters of all alerts (104) were for bets placed before an event, while the main reason for raising alerts was in relation to team news, with a total of 35 alerts filed as a result.Other major triggers included 20 alerts for significant odds changes and 25 alerts for odds changes that required further investigation, while 17 alerts were raised after a specific request had been sent to the GLMS.Reflecting on the first quarter, GLMS president Ludovico Calvi acknowledged that the industry faces a number of challenges due to the situation with the novel coronavirus (Covid-19), adding that ensuring integrity across the lottery market remains key.“Despite the level of complexity involved, creating clarity and security for our employees and business partners is absolutely key when the situation and the available information are constantly changing,” he said.“The last thing we want is to generate confusion because of the lack of information and the countless media reports offering different perspectives and advice. The real challenge is to adopt new ways of working and for that transition to be handled smoothly requires clear, consistent, timely guidance.“With personal interactions and retail business completely restricted, another important step to take could be to review our channel distribution mix both in B2C and B2B environments. Rapid redeployment of resources towards digital channels would allow lotteries to continue to operate and satisfy drastically changing consumer’s needs and behaviours.”This comes after the International Betting Integrity Association (IBIA), the sports integrity monitoring body comprised of operator members, reported a 65% year-on-year hike in Q1 alerts.Meanwhile, the GLMS has revealed that Germany’s Oddsett Sportwetten GmbH has joined the organisation as an associate member.Oddset, which is jointly owned by seven of Germany’s 16 state lotteries, is a licensed and state-owned company that provides sports betting through the retail networks of several state lotteries in Germany.As a GLMS associate member, Oddset will receive summaries of GLMS global alerts and have access to education and prevention tools, as well as to the global GLMS information network. In addition, the operator will benefit from sponsorship and communication opportunities at GLMS events.Oddset chief executive Christof Schoepfel said: “As a responsible sports betting provider, owned by and co-operating closely with lottery companies, we feel very committed to the goals of GLMS.“Every sports betting offer should go hand in hand with the overarching goal of maintaining the integrity of the sport, because only a fair sporting event offers our customers the pleasure of betting.”Calvi of GLMS added: “With the recent regulatory evolution, the largest market in Europe will now take further steps towards a full deregulation of the gaming market.“Sports betting will definitely lead the way in Germany and Oddset will play an important role in the promotion of transparent and socially responsible gaming operations.” Subscribe to the iGaming newsletter 8th April 2020 | By contenteditor Sports betting Topics: Sports betting The Global Lottery Monitoring System (GLMS), the sports betting integrity body for the lottery industry, has reported a 31.8% year-on-year drop in the number of suspicious betting alerts registered in the first quarter.last_img read more

GiG terminates European media group deal

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first_imgHowever the media group’s insistence on using a white label licence to operate – after it had previously planned on applying for its own licence – has created a situation where the partnership was “no longer viable for either party to move forward” . 21st April 2021 | By Nosa Omoigui GiG terminates European media group deal GiG decided in 2019 to no longer support the white label model, which meant the deal was terminated. Subscribe to the iGaming newsletter GiG insists that this decision won’t affect the company’s financial forecast for 2020, or it’s long term financial planning going forward. GiG CEO Richard Brown said: “The change in strategy has led to an impasse for us to move forward together. Regions: Europe M&Acenter_img Gaming Innovation Group (GiG) has announced the termination of its platform agreement with an unnamed European media group over the group’s plans to pursue a white label model instead of its own licence. The initial deal was agreed in December 2020, whereby GiG agreed to share its igaming and data platform with the unnamed group in addition to other managed services. Topics: Strategy M&A Tags: Gaming Innovation Group AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter “While unfortunate to terminate this agreement, we wish them well and we continue to move forward on a multitude of our own opportunities”. Email Addresslast_img read more

Big dividends, growth, AND value! A stock I’d buy for my ISA and hold until 2030

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first_img See all posts by Royston Wild Enter Your Email Address Our 6 ‘Best Buys Now’ Shares Image source: Getty Images. “This Stock Could Be Like Buying Amazon in 1997” Royston Wild has no position in any of the shares mentioned. The Motley Fool UK has no position in any of the shares mentioned. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. Big dividends, growth, AND value! A stock I’d buy for my ISA and hold until 2030 Regular readers will know that I’m a big fan of the housebuilders and their ability to dole out chunky dividends. Vistry Group (LSE: VTY), which up until recently was known as Bovis Homes, is one that I think looks particularly tasty today. Why? The FTSE 250 firm’s 5.2% forward yield smashes the corresponding average of 3% for Britain’s mid caps.It’s not just a top stock for income chasers, however. A price-to-earnings (P/E) ratio of 10.9 times underlines its position as a great value bet. City expectations of a 22% profits bump for 2020 is likely to turn plenty of growth investors’s heads, too.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…Britain needs to get building!There’s a reason why Vistry’s share price has ballooned more than 40% over the past 12 months. It’s trading at record highs around £14.40 per share as I type, too. The UK might be facing unprecedented economic and political uncertainty (certainly in modern times). And it’s likely that Brexit-related turbulence will persist in 2020 and possibly beyond, too. However, the level of housebuilding in this country is still unlikely to match demand looking well into the new decade.A report released by The Times illustrates just why. Government might talk tough on getting 300,000 homes built each year in the near future but authorities remain ineffective in helping these targets be hit. It says that 15% of applications to build major residential developments have been subject to delays in the past five years.The paper, quoting numbers released from the housing ministry, says that there have been 6,500 applications for major projects of 10 properties and above in that time that have failed to receive a decision by local councils within the legal time limit of 13 weeks.Another year of progress?It’s not a surprise that the likes of Vistry continue to report solid demand for their newbuilds, then. There simply aren’t enough of them to go around, a situation that has been exacerbated by low interest rates, growing competition in the mortgage loans market, and the government’s Help to Buy purchase incentive scheme in driving first-time buyer interest. These are all factors that look set to support the housing market for some time, too.Vistry highlighted the strength of the market in its trading update of mid-January. In it the builder said that it had enjoyed a “significant step up in average weekly sales” in 2019, to 0.58 from 0.5 in the prior year. As well, the FTSE 250 firm saw average selling prices rise by almost £6k year on year from 2018 levels, to £279,000.We may be early in the year but so far things look good for another strong year in 2020, too. Vistry lauded its “strong forward sales position” and added that “trading to date has been very positive.” It certainly appears in great shape to keep paying market-mashing dividends in the near term, then (it also had £362m worth of net cash on the books at the end of 2019). And I fully expect it to keep delivering awesome shareholder returns well into the new decade.center_img Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. Simply click below to discover how you can take advantage of this. Royston Wild | Sunday, 23rd February, 2020 | More on: VTY I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee.last_img read more

Best UK shares: I’d buy dirt-cheap FTSE 100 dividend stocks today for a passive income

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first_imgBest UK shares: I’d buy dirt-cheap FTSE 100 dividend stocks today for a passive income Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Peter Stephens | Sunday, 2nd August, 2020 “This Stock Could Be Like Buying Amazon in 1997” Enter Your Email Address I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool.center_img Simply click below to discover how you can take advantage of this. Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. Our 6 ‘Best Buys Now’ Shares Building a portfolio of UK shares to generate a passive income may not seem all that appealing to many dividend investors. After all, many FTSE 100 shares have cut or cancelled their dividends for 2020 after the recent market crash.However, a number of stocks continue to offer higher income return prospects than other mainstream assets. And over time, the potential for dividends to return across FTSE 100 income stocks seems to be high.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…As such, now could be the right time to build a dividend portfolio of cheap stocks that can produce a passive income in the long run.Income opportunities among UK sharesThe uncertain economic outlook means that many UK shares have reduced or even postponed their dividends following the market crash. Across the FTSE 100, companies operating in sectors such as banking, housebuilding and many others no longer offer a passive income for dividend investors in the current year.However, this does not mean that it is impossible to build an income portfolio at the present time. A number of FTSE 100 stocks continue to pay their dividends, as coronavirus has not materially affected their financial performances. Those companies operate in sectors such as telecoms, consumer goods and mining. As such, while investors may need to pivot to income-producing sectors, it is still possible to obtain a generous passive income from large-cap shares in 2020.Returning dividendsWhile the recent market crash means that many UK shares are not paying dividends this year, it seems likely that a large proportion of them will return to making shareholder payouts in the medium term.The past performance of the FTSE 100 suggests that a return to growth is very likely. After all, it has always recovered from its various downturns to post new record highs. Similarly, the economy has always bounced back from its variety of recessions. This means that the financial prospects for many dividend shares may be relatively positive, which could allow them to resume making shareholder payouts as their operating conditions improve.Relative appealAlthough it may be more difficult to make a passive income from UK shares at the present time due to reduced choice among dividend-paying stocks, on a relative basis, the FTSE 100 continues to have strong appeal.Other assets such as cash and bonds offer returns that are substantially below 2% in many cases. By contrast, there are a number of stocks that offer significantly higher yields. They also offer the prospect of dividend growth as the economy’s outlook improves, while interest rates could spend a prolonged period at historic lows.As such, now could be the right time to buy UK shares while they are cheap and offer attractive yields relative to other assets. They could produce high total returns that improve your long-term financial prospects. See all posts by Peter Stephenslast_img read more

The Best and Worst England Kits

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first_imgThoughts on @EnglandRugby and their new kit deal with @UmbroUK?! pic.twitter.com/L1Xhot08Qu— Andy Goode (@AndyGoode10) May 5, 2020Regardless, with this news doing the rounds on social media, and many people posting pictures of what the leaked kit may look like, we decided to look at some of the best and worst England kits from years gone by.The BestCentenaryLots of you picked out this kit which England wore to celebrate 100 years of international fixtures at Twickenham, the first of which was a match between England and Wales in 1910.In 2010 England again played Wales and were victorious 30-17.2003 World CupPretty unflashy in its design but England won their sole World Cup in it so it has to be one of the best right?Black (2011 World Cup)Sure, England are supposed to wear white and the All Blacks seem to have a monopoly on the colour, but England’s black kit during the 2011 World Cup actually looked good, unlike some of the kits below… 2012 wasn’t a great year for England kits. The purple kit Robshaw is wearing above was roundly criticised and this design for the England Sevens teams wasn’t much better.For more news from the world of rugby, do not forget to follow Rugby World on Facebook, Twitter and Instagram. We take a look at some of the best and worst kits to have been worn by England. The WorstPurple (2009)England’s first foray into the colour purple may have proved surprisingly popular at the time, but in hindsight, it really isn’t great…2007 World CupWhen we took to Twitter to ask for your suggestions this red and white design was regularly cited as one of the worst. Although the memory of England losing the 2007 Rugby World Cup Final may have something to do with that.Purple (2012)This kit regularly features highly when people are asked about the worst England rugby kits ever.Space Invader Homage?Admittedly this is an England Sevens kit, but we aren’t really sure what kind of design Canterbury were going for here…England Sevens (2012)center_img The Best and Worst England KitsEngland have recently signed a new kit contract with Umbro switching away from Canterbury.Umbro will take over as the official England rugby kit manufacturer after the 2020 Six Nations concludes, but with the Coronavirus still limiting all sport and rugby, it is unclear when this will be.Recently Sam Underhill and Tom Curry were spotted in some Umbro apparel which proved quite decisive online, although it should be acknowledged that it is almost certainly training kit and not the match day uniform. LATEST RUGBY WORLD MAGAZINE SUBSCRIPTION DEALSlast_img read more

Sainsbury’s Active Kids 2016 vouchers are now available

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first_img About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving. Tagged with: corporate Sainsburys sport Supermarket Sainsbury’s has opened its 2016 Active Kids campaign, designed to encourage more children “to eat well, move well and live well”.Since 2005 the annual campaign has resulted in £160 million worth of equipment and experiences being donated to schools and clubs across the UK.Vouchers can now be collected until 3 May 2016 and donated to a participating school, club or organisation. They place their orders by 12 July and these are delivered in October.Sainsbury’s offers plenty of tools to help organisations make the most of Active KidsAs usual Sainsbury’s offers a wide range of support to organisations in promoting the campaign, with downloadable packs for each type of participating organisation.This year, as well as new products in the catalogue, Sainsbury’s has introduced the Active Kids Paralympic Challenge to give schools an opportunity to take part in Paralympic sports – and be in with a chance of winning prizes, including a trip to the 2016 Paralympic Games in Rio.Collecting vouchersYou can earn a voucher by shopping in Sainsbury’s stores and online at sainsburys.co.uk.In Sainsbury’s Locals, you will get one voucher for every £5 you spend. In Sainsbury’s Supermarkets you will receive one voucher for every £10 you spend. There are two different kinds of voucher, depending on where you shopped.Sainsbury’s Active Kids is open to nurseries, primary and secondary schools, Clubmark-accredited sports clubs, and Scout and Girlguiding groups. To benefit you simply need to register for free and login.  271 total views,  3 views today Advertisement  272 total views,  4 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis15center_img AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis15 Howard Lake | 10 February 2016 | News Sainsbury’s Active Kids 2016 vouchers are now availablelast_img read more

A historic crossroads: Socialism or Fascism?

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first_imgThe following is a slightly edited talk given during the Workers World Party webinar “What Road to Socialism?” on May 16.We are at a great crossroads in the history of humanity. With the pandemic and the social and economic crises caused by it, this is the most significant moment in recent history. The challenges we face are only a precursor to the great existential threat of the climate crisis.This is the beginning of the end of capitalism and the U.S. empire. The great contradictions are sharpening. Our society has within it the potential for life and death. Ultimately the question of which class rules will define the future of humanity. The question facing us now is: Socialism or genocide? Socialism or mass death of thousands of species? And politically, Socialism or Fascism?We all are living the data. April saw the fastest rise in unemployment ever since the U.S. Department of Labor began collecting statistics: 38 million people filed for unemployment.The labor force participation rate — this number includes the unemployed — dropped significantly from 63 to 60 percent in April, its lowest number in recent history. The unemployed make up about 10 percent of this, meaning only about 50 percent of adults — excluding those who are incarcerated, institutionalized or in the military — are currently employed.Millions of small businesses have been closing. Almost 7.5 million small businesses in the United States are at risk of closing forever over the next five months. (cnbc.com, April 14) The small bourgeoisie is facing ruin. This class, often referred to as the upper middle class, has no independent future. They must decide: Be on the side of an increasingly violent and desperate ruling class, or join the ranks of the working class and fight for workers’ control of the economy and the government?Meanwhile, trillionaire Bezos and the ruling class continue to get richer. All this must come at the expense of the working class and the more privileged small bourgeoisie. Decades of neoliberal destruction of the middle classes in the imperialist world have given social fodder to the rise of right-wing extremism. This is how Trump builds his base.The terror of fascismWhite male terrorists have struck in all the imperialist countries of the world, pulled to the extreme right by the growing crisis of capitalism. This is only the beginning of the terror of fascism.The U.S., through its “heritage” of white supremacy and genocide, has a powerful social base for fascism. The history of colonization, slavery and national oppression is paired with the world’s most violent ruling class ever.The small  bourgeoisie are those who make a living by exploiting labor as well as those with specialized skills — business owners, doctors, higher level managers, lawyers, etc. They are a massive class in this country because we live in the biggest empire. Their collapse is what we are seeing.Meanwhile, right-wing billionaires are funding the fake “reopen” movement to “fight for people’s right” to get a haircut, play golf or drink beer. Egged on by President Trump, they are trying to recruit the middle class and the working class to their campaign of genocide and racism. We must not let them succeed. At the same time we see the massive growth of the state, meaning fascists will continue to have employment — in Philadelphia, the only budget increase is for more cops on the streets to assassinate Black youth, arrest protesters and incarcerate drug users and people without homes. Guaranteed, the next federal budget will grow the military. We must fight this tooth and nail.Which way forward?How do we defeat the rise of fascism? What road to socialism?It has nothing to do with Joe Biden. The Democrats have not halted the spread of fascism. It has a lot more to do with John Brown.We will not be quiet while the fascists mobilize. We must meet the threat with increasing efforts to organize and provide an outlet for revolutionary anger.Capitalist “democracy” cannot last. We have learned a lot from the 20th and 21st centuries about the development of capitalism, imperialism and the rise of fascism in Europe and beyond. We are nearing a particularly deep crisis in which the capitalist ruling class seems unwilling to allow basic human rights in the heart of the empire.Class struggle will intensify. But where will it go?How do we answer the danger? We organize the working class into unions, workers’ assemblies, community organizations and revolutionary parties like ours.The working class in the U.S. has the power to change human history. The same boss that exploits workers in the U.S. is the one oppressing and exploiting the entire world.  The working class of the U.S. must be victorious. Who wins the working class in the U.S. — the fascists or the revolutionaries? — will have a telling role in the future of the world —or what’s left of it after global warming and habitat destruction leave their mark.Workers World Party knows how to fight fascism. With lead pipes, banners, agitational literature and our incredible ability to speak to the working class, we are ready. We must continue as we did in Philadelphia a year ago when we helped to mobilize 5,000 workers who met 10 Proud Boys in the streets. We must continue our great tradition of militantly fighting fascism.Workers World Party has always been filled with the best professional revolutionary fighters for our global class and the oppressed of the world. We must keep finding ways to build workers’ solidarity, to build workers’ assemblies, to deepen the ties of our mass organizations to those in our class who are fighting back against dead-end capitalism.As Woody Guthrie’s song goes, “you fascists bound to lose.”  Mild in manner, bold in matter, but always fighting racism, white supremacy and all forms of oppression, we will build a workers’ world.Scott Williams (he/him) is an organizer with the Philadelphia branch of Workers World Party, a member of WWP’s Executive Committee and the Field Staff. Scott has helped to organize many significant campaigns and mobilizations, including a major demonstration in Philadelphia against the white supremacist Proud Boys, and protests against the Democratic National Convention in Philadelphia in 2016.FacebookTwitterWhatsAppEmailPrintMoreShare thisFacebookTwitterWhatsAppEmailPrintMoreShare thislast_img read more

ISDA Director McKinney Takes on Added Role at IEDC

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first_imgHome Indiana Agriculture News ISDA Director McKinney Takes on Added Role at IEDC SHARE ISDA Director McKinney Takes on Added Role at IEDCIndiana Lt. Governor Sue Ellspermann announced on Wednesday that Ted McKinney, head of the Indiana State Department of Agriculture, will be taking on a new role as director of Agribusiness development at the Indiana Economic Development Corporation. Lt. Governor Ellspermann noted that the agriculture industry already adds $25 billion to Indiana’s economy and directly employs almost 200,000 Hoosiers.  She added, “Over the past two years, we have experienced continued growth across the agriculture industry, including significant expansion in the food processing segment. With programs like AgriNovus Indiana, which is our initiative to support food and agriculture innovation, and our new dairy strategy that focuses on increasing processing capacity, we are fully leveraging Ted’s expertise and stature in the world of agriculture to spearhead our efforts to grow Indiana’s agri-business. Furthermore, we have an outstanding team at ISDA which will maintain the highest levels of service and support to Indiana agriculture under his direction.”McKinney was quick to point out to HAT that he is not leaving ISDA, “I am not walking away from the Department of Agriculture. It is my job and my passion.” He will, however, also now be working with IEDC to develop new business opportunities for agriculture both for farmers and businesses within the state, as well as those from outside of Indiana who want to relocate here. He said Indiana has a lot going for it including low taxes, ideal geographical location, and zoning laws that are favorable for agriculture and agribusiness. McKinney said dairy processing is a top priority, “We have a need for dairy processing. We have not landed anything yet but we are talking to several firms that can turn milk into a variety of products.”Victor Smith, director of IEDC,  explained that Indiana’s competitive business environment with business-friendly tax and regulatory policies is as important to agri-businesses as to any other industry.  “These companies will make multi-million dollar investments in our state, either in expansion of current operations or in new facilities, which will be important to Indiana’s economic strength.  Ted’s successful career in the agri-business world makes him an ideal representative for recruiting and expanding the presence of those companies in our state.  We want to take full advantage of and even enhance the current relationship between the IEDC and ISDA in these efforts,” he stated.Accepting this added responsibility, Ted McKinney commented, “The agriculture industry has always been a vitally important economic engine for our state, but there are even greater opportunities for growth and expansion.  Major players in the agriculture industry have already invested in Indiana, and we know that others are looking here.  I am looking forward to closing deals and finding new prospects that will invest in Indiana and create jobs for Hoosiers. This is Indiana’s time for agriculture development, and we want to show the world that Indiana is a State that Works for Agriculture.”Ted McKinney was appointed Director of the State Department of Agriculture and a member of Governor Pence’s cabinet in January 2014.  He is also on the Executive Committee of AgriNovus Indiana. McKinney grew up on a family farm in Tipton County.  After graduating with a degree in Agriculture Economics from Purdue University where he was named Outstanding Male Graduate, he began a successful career with Elanco Products, DowElanco,  and Dow AgroSciences.  Most recently he was Director, Global Corporate Affairs for Elanco Animal Health, a division of Eli Lilly and Company.[acm-tag id=”post_column”]. SHARE Facebook Twitter ISDA Director McKinney Takes on Added Role at IEDC By Hoosier Ag Today – May 6, 2015 Facebook Twitter Previous articlePlanting Pace Little Changed Over the Past 20 YearsNext articleMorning Outlook Hoosier Ag Todaylast_img read more

Murder accused told Garda ‘I killed Michal’

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first_imgPredictions on the future of learning discussed at Limerick Lifelong Learning Festival Limerick Ladies National Football League opener to be streamed live Facebook Previous articlePrayers going unheard in KilcornanNext articleThree jailed over dissident operation in Limerick Staff Reporterhttp://www.limerickpost.ie Limerick Artist ‘Willzee’ releases new Music Video – “A Dream of Peace” Twitter WATCH: “Everyone is fighting so hard to get on” – Pat Ryan on competitive camogie squads Murder accused Monika MatrackaA JURY in the trial of the Polish woman accused of killing long-distance runner Michal Rejmer at the home they shared in Limerick, told Gardai, “I did it. It was me. I killed Michal”.Monika Matracka (35) with an address at The Pines, Briarfield, Castletroy, pleaded not guilty to murdering Michal Rejmer (38) between 8pm on December 30 and midnight on December 31, 2015.Sign up for the weekly Limerick Post newsletter Sign Up During the trial at the Central Criminal Court, the jury heard that the Polish man’s body was found wrapped in a blood stained bed sheet and covered with plastic, wooden pallets and bags of turf in the back garden of the Castletroy home.Mr Rejmer’s body was discovered eight days after he was last seen and when she was arrested Ms Matracka is claimed to have told Gardaí she stabbed her housemate and former partner in self-defence.Detective Garda Pat Whelan brought her to the house to make a witness statement about Mr Rejmer’s disappearance. She said she was in a relationship with him for a year before he moved to Ireland in 2006 and they continued a long-distance relationship until she moved to Ireland in 2012.  By the time they moved house to Castletroy in 2014, their relationship had ended.She said that he asked for a €300 loan and reminded her about the financial assistance he gave her when she was studying in Poland.The body of Michal Rejmer was found concealed in the back garden of his Castletroy homeDet Gda Whelan agreed to bring Ms Matracka to a friend’s house as her home was a designated crime scene.  When she was refused entry to her friend’s house, he brought her to a nearby service station where she drank coffee and smoked.She became upset and he asked her what was wrong. She replied; “I did it. It was me. I killed Michal.”She was arrested after she added “I killed Michal in the house. I stabbed him upstairs, not in any room.“I put something on his head. Then I put plastic bag over him and bring him outside, same place he was found. I bad person I don’t want to live anymore.”Ms Matracka has denied the murder charge and claimed self-defence.The trial before Mr Justice Paul Butler and a jury of six men and six women also heard that when Mr Rejmer was reported missing on January 6, 2015, Ms Matracka “didn’t seem overly concerned” when friends spoke to her.Two days later, his body was found by a neighbour who was part of the search party.Neighbours said they heard an argument on December 30 coming from upstairs in the house, followed by a loud bang and then silence.Ms Matracka claims that she stabbed Mr Rejmer in self-defence and that his body remained in the house for three days before she dragged it to the back garden.The jury is expected to begin its deliberations on Monday. Print NewsMurder accused told Garda ‘I killed Michal’By Staff Reporter – February 17, 2017 1165 center_img TAGSCastletroyCentral Criminal CourtlimerickMichal RejmerMonika Matrackamurder RELATED ARTICLESMORE FROM AUTHOR Advertisement Email WhatsApp Linkedin Limerick’s National Camogie League double header to be streamed live Billy Lee names strong Limerick side to take on Wicklow in crucial Division 3 clashlast_img read more