To achieve the target, Muhadjir said the government would convert a facility that was previously used for the production of avian influenza vaccine.“The President has approved the plan and we will soon conduct inter-ministerial coordination so that the PCR kits can really be produced at home, which would make us independent from imports,” he said.Muhadjir said Bio Farma would prepare the construction design for the production facility, while the Public Works and Housing Ministry would do the reconstruction based on the design.Indonesia has steadily ramped up its COVID-19 testing capacity, from an average of around 4,000 specimens tested daily in April to around 13,000 specimens tested daily since the end of May. However, the country still has among the lowest testing rates in the world, with around 2,300 tests per 1 million population as of Monday.Topics : The government is aiming to increase the country’s production capacity of COVID-19 polymerase chain reaction (PCR) test kits to 2 million units a month, Coordinating Human Development and Culture Minister Muhadjir Effendy said on Monday.“Should Indonesia be able to produce the number, [we] will be able to meet domestic needs,” Muhadjir said, adding that the idea had been conveyed to President “Jokowi” Widodo, who was also supportive of the plan.Currently, state-owned pharmaceutical company PT Bio Farma is producing around 50,000 test kits per week.
26 February 2013Finance Minister Pravin Gordhan’s Budget speech should send a signal to the world that South Africa is a stable and growing economy, while also giving information on how the country’s infrastructure projects will be funded, says the South African Chamber of Commerce and Industry (Sacci).Gordhan will deliver his Budget speech in Parliament in Cape Town at 2pm on Wednesday.Infrastructure fundingSacci chief executive officer Neren Rau said on Friday that the Budget should adopt a pragmatic approach towards the management of South Africa’s public finances – and provide information on how the 18 major strategic infrastructure projects (SIPs) identified by the government last year will be funded.The Presidential Infrastructure Coordinating Commission (PICC) has launched the intergovernmental forums of the 18 SIPs.The massive state-led infrastructure programme aims to turn the country into a construction site. Economic Development Minister Ebrahim Patel said last week that the programme already provides jobs to more than 150 000 people across the country.Rau said business also hoped that Gordhan would give details on the funding of the National Health Insurance (NHI), which will be rolled out from this year, as well as speak to the implementation of the youth employment incentive scheme.In his State of the Nation Address earlier this month, President Jacob Zuma spoke of a study into taxation that was being undertaken by the National Treasury. Rau said Gordhan should expand on this.The issue of under-spending, overspending and misspending by government departments and municipalities should also be addressed, Rau added.‘Difficult balancing act’In its commentary ahead of the Budget, Nedbank said Gordhan faced the difficult task of keeping the country’s public finances on a sustainable path in an environment of faltering economic growth coupled with growing social spending demands.“The National Budget offers the opportunity to set a clear path to deficit reduction through a sustainable combination of realistic revenue and expenditure proposals,” the bank said.In October last year, National Treasury indicated that the country’s budget deficit was expected to widen from 4.2% of gross domestic product (GDP) in 2011/12 to 4.8% in 2012/13 before falling to 4.5% in 2013/14 and narrowing to 3.1% by 2015/16.The focus of the Budget was likely to remain on spending on social and economic infrastructure, the bank said.“The aim [would be on] lifting the constraints of economic growth, reducing unemployment and improving the country’s competitiveness in line with the National Development Plan.”The National Development Plan (NDP) is a blueprint for eliminating poverty and reducing inequality by 2030. According to the plan, South Africa can realise these goals by drawing on the energies of its people, growing an inclusive economy, building capabilities, enhancing the capacity of the state, and promoting leadership and partnerships throughout society.According to Nedbank, personal income tax relief would be limited in this year’s Budget, with lower- to middle-income earners likely to receive the bulk of the relief. Additionally, company tax relief was likely to be limited, with the company tax rate expected to remain unchanged at 28%.Broadening the country’s tax baseRau said that business would like Gordhan to engage stakeholders on strategies to broaden the country’s tax base so as to reduce dependence on a relatively small number of taxpayers, given the call for levies to be placed on high-income earners.Meanwhile, the South African Institute of Professional Accountants (SAIPA) said that the Budget Speech was likely to show the strains of maintaining a balance between a sound fiscus and developmental needs.Chairperson of the national tax and Sars stakeholders committees at the SAIPA, Ettiene Retief, said that former Finance Minister Trevor Manuel and the current minister had shown “great skill” in keeping the country on a sound financial footing while creating a developmental state.“But this balancing act is becoming harder to maintain with each budget. We have too few taxpayers supporting too many grant recipients,” he said, adding that this was unsustainable.“The answer, as the minister has repeatedly noted, is to increase the tax base by growing the economy and expanding the tax base. It is thus imperative that the Budget focuses on enabling job creation,” Retief said.Source: SAnews.gov.za
Share Facebook Twitter Google + LinkedIn Pinterest Mostly dry today and tomorrow. Notice we still are saying “mostly…”. Much like yesterday, where scattered showers reared up and moved over northern and northwestern parts of Ohio, we can’t rule out a bit of action today and tomorrow. However, it should be smaller in scope than yesterday, and be less intense. Still, we can’t completely wave the all clear flag yet. Temps stay at above normal levels, and south flow will keep humidity levels elevated.Our next good threat of rain comes Thursday afternoon into Friday, and that kicks of a fairly active weather pattern over the state. Thursday, we see a front sweeping in that brings rains on the order of a quarter to three quarters of an inch over 60% of the state. These rains will slowly sag through, mostly drifting from north to south. This should lead to a mostly dry Friday, although we expect some lingering showers though at least the morning in far southern parts of the state.A strong frontal complex approaches from the west on Saturday and looks to be augmented by the remains of Tropical system “Gordon”. Gordon makes landfall sometime late this week in Mississippi and/or Louisiana, then curves through the mid Mississippi river valley and sweeps across IN into lower Michigan and southern Ontario. We will see a large segment of the state dry through the day Saturday, but the thunderstorms to the west will be impressive. The best push of rain comes Sunday as the actual remaining low from Gordon sweeps cross IN, MI and NW OH. Rain can be heavy, especially north and northwest, and thunderstorms can be strong. The rains can linger through Monday, particularly down south. All told, weekend rains can be from .25″ to 1.25 inches, and we have concern that a few areas could try and exceed that upper limit. However, we are going to stay conservative in the forecast for right now. The map at right is a snapshot of potential Sunday morning.Midweek next week can be very interesting. We are keeping rain in the forecast for late Tuesday through Wednesday and Thursday. However, the little disturbance that tries to work through is completely cut off from any significant circulation. This means the precipitation potential is light, and may easily go away, depending on how the weekend storm complex lifts off to the north and east. We can see this period ending up drier as we get closer to it.For the extended 11-16 day forecast window, we have a minor front toward the end of next week late Friday that brings scattered showers and rain potential up to .25” to about 50% of the state. Then toward the end of the extended period, we have a stronger system working in that has potential for half to 1.5” rains over 80% of the state. The pattern looks like we continue to see ample moisture into the start of the second half of the month. Whether it turns out to be excessive or not remains to be seen…but the tropics are getting much, much more active, and if the track of the tropical storms heads into the gulf, it would help keep the pattern wetter.
Fun Fact: The song featured in the above video is Human Evolution from PremiumBeat! Be sure to check out our extensive library of royalty free music for all of your soundtrack needs.The Trident is capable of diving to depths of up to 100m, but the drone’s most impressive feature is the three-hour battery life. The feature that is most exciting for filmmakers and videographers is the drone’s front-facing HD camera. Coupled with the onboard headlights, users will be able to capture fantastic footage even in dark murky water.Unlike an aerial drone, the Trident needs to be connected to a tether at all times. By default, the Trident will come with a 25m (82ft) tether. If you want to go even deeper, you can get an extra-long tether for dives up to 100m (328ft).The Trident is currently on Kickstarter until October 30 and we’re happy to report that they have already received 11x the support needed. If you want to pre-reserve your Trident now, you’ll get a significant discount as an early adopter. The only downside: they won’t be shipping until November of 2016.While it’s certainly easy for us to look at this new device from an enthusiast’s perspective, the developers are insisting that this drone will be a great tool for scientists and hobbyists alike. The drone has already been used to map underwater surfaces and take people to places they’ve never seen before. This TED talk presented by Eric Stackpole shows us how the OpenROV was born.What started out as a quest for lost gold has seemingly evolved into the beginning of the underwater drone revolution.Trident Pricing and AvailabilityThe Trident will retail for $1,199 and be available November 2016. If you hurry, you can get an early-bird discount on the Kickstarter page.What do you think of this new aquatic device? Are you excited to try one? Share your thoughts in the comments below. The submersible Trident drone will soon allow you to explore the ocean floor from shore.We’re smack dab in the middle of the greatest aerial videography craze the world has ever seen, and that’s a good thing. Drones produce stunning footage that would have been otherwise impossible to get. But even as drones are enhanced to fly higher, farther, and longer, one company is taking the plunge to think about drones in an entirely new way.OpenROV TridentThe OpenROV Trident is the second underwater vehicle created by OpenROV, a small underwater robotics company started by Eric Stackpole and David Lang. The Trident looks to add much more functionality compared to the original OpenROV. For starters, the Trident is built with a very sleek design that allows it to zip through the water at the breakneck speed of 4.4mph. The device is so smooth when piloting underwater that the inventors say it’s feels very similar to piloting an aerial drone.
About the authorFreddie TaylorShare the loveHave your say Alisson credits Liverpool teammates for FIFA Best awardby Freddie Taylora month agoSend to a friendShare the loveLiverpool goalkeeper Alisson Becker believes that his FIFA award is partially due to his excellent teammates.Alisson won the FIFA Best Goalkeeper award in midweek, capping off a tremendous first year with the club.But he believes that despite his excellent personal performances, the team’s displays and results helped him win.”Well, like I always said, for me the most important thing is to achieve my goals that are the same of the team: winning something for the club, winning something together. And then if you win some awards individually then it’s OK if you win always together,” Alisson told Liverpoolfc.com.”I’m really happy because I worked a lot to arrive here, to win the Champions League, to become a great player, to have a great season as I had in the last one with Liverpool and with the national team also. “So yeah, I’m very happy because always I just feel grateful for my family – they help me a lot in all the moments, good moments, bad moments. They are together with me so I’m really happy for that.”
iowa fans rush court after msu winIowa knocked off No. 1 Michigan State at Carver-Hawkeye Arena last night, and in celebration, a few hundred Hawkeyes fans rushed the court. But not everyone seems to agree with the move.Immediately following the court rushing, college basketball fans on Twitter started to criticize the decision. Why? Well, Michigan State was playing without its best player – Denzel Valentine. The Hawkeyes were also favored by 2.5 points. Iowa also led the entire game, so it’s not as-if there was a ton of drama involved.Iowa fans rush the court when we beat a team ranked higher than us unlike state pic.twitter.com/Ct8vArEvT7— nate (@Marky_Marks19) December 30, 2015This sucks because you know that Iowa knows Valentine isn’t playing and they are still gonna rush the court— Logan VanDeWostine (@lvandy7) December 30, 2015I hope Iowa fans rush the court against a team missing the national player of the year.— AustinCSmith TOC (@acsmith06) December 30, 2015You can’t chant “overrated” to a team and then rush the court when you beat them lol but regardless I’m glad Iowa won— Sarah♓️ (@heyyysarahhh) December 30, 2015Good for Iowa beating undefeated #1 but have enough respect to not rush the court against a conference opponent. You’re better than that.— David Wheatley (@david_wheatley) December 30, 2015Silly Iowa fans, rush the floor after winning a game you were favored to win!— Rick Holmes (@spartyholmes) December 30, 2015Way to rush the floor Iowa… You beat the #1 team in the country, at home, without their best player. Idiots…— Chris Thomas (@wtpartners) December 30, 2015Iowa fans…. Chant “overrated”, then rush the floor after beating a team without the National POY. Classic #Hawkeyes.— Jeff Greene (@GMachine7) December 30, 2015Sorry, Iowa. That is the most lame student rush to the court I’ve ever seen.— DP (@sports_and_ads) December 30, 2015If you really just beat an “overrated” team, why rush the court? Do better Iowa, do better… #MSU— Craig Janes (@Craig_Janes) December 30, 2015What do you think? Should Iowa fans have rushed?
VANCOUVER – Fans of the Vancouver Canucks may be in for a surprise the next time they find themselves browsing the aisles of the high-end fashion world.Italian luxury designer Versace has released a sweatshirt with a symbol bearing a striking resemblance to the NHL hockey team’s so-called Flying Skate logo, which players wore from the late 1970s to the late 1990s.The Versace pullover is priced $1,525 on one retail website, and is described as having “a retro-nodding stone embellished logo patch.”Both logos use similar red, yellow and black colour schemes with slash marks running parallel to diagonal text, all superimposed on a circle background.A social media user pointed out the similarity on Wednesday, prompting a flood of online commentary.The Canucks and Versace could not immediately be reached for comment.
“This was shocking and disappointing,” Reeder said. “The company is very happy he’s being brought to justice and held accountable for his actions.” Login/Register With: Advertisement Schwartz admitted stealing nearly $5 million from Morissette between May 2010 and January 2014. He used the money personally and falsely listed the cash withdrawals as “sundry/personal expenses” to cover up the crime. LEAVE A REPLY Cancel replyLog in to leave a comment His plea deal calls for a sentence between four and six years in federal prison, though a judge could sentence him up to 23 years on the charges. Facebook Advertisement GSO reviewed Schwartz’s other work and found the other thefts, said GSO attorney Chris Reeder, who sued Schwartz after he was removed from the firm. Schwartz is scheduled to appear Feb. 1 in U.S. District Court on the criminal charges. Schwartz, who no longer works there, was said to represent Beyonce and Mariah Carey, who both appeared at a fundraiser last year in support of a heart disease charity he founded. The embezzlement was discovered after Morissette took her business elsewhere and her new money manager discovered millions of dollars missing and contacted GSO, according to lawsuits filed against Schwartz.
Major North American indices fell after the Federal Reserve said it will raise interest rates this year more times than initially expected.The Toronto Stock Exchange’s S&P/TSX composite index fell 23.16 points to 16,265.82.In New York, the Dow Jones industrial average shed 119.53 points to 25,201.20. The S&P 500 index retreated by 11.22 points to 2,775.63 and the Nasdaq composite index lost 8.09 points to 7,695.70.The fall came after the Federal Reserve issued a statement saying it was raising its benchmark interest rate 25 basis points to two per cent — the second rate hike this year.The Fed also announced it would raise rates another two times this year, bringing the 2018 total to four when many investors expected three.“There’s going to be a lot more pressure on the Canadians right now if we’re seeing four rate hikes from the States to do at least one … if not two this year,” said Michael Currie, vice-president and advisor at TD Wealth.The Bank of Canada is expected to raise rates in July, said Currie, but now the likelihood that it will do so again before the end of 2018 has gone up. The Bank of Canada will have three more interest rate announcements after July 11.Foreign investors look for the best rates in stable countries for their money, he said, and often choose between Canada and the U.S.People moving their money out of Canada into the States, he said, pushes down the loonie.“The best way to defend the dollar is to keep raising rates.”The Canadian dollar averaged 76.99 cents US, up 0.09 of a US cent.The July crude contract gained 28 cents to US$66.64 per barrel and the July natural gas contract advanced about two cents to US$2.96 per mmBTU.The August gold contract rose US$1.90 to US$1,301.30 an ounce and the July copper contract moved up about a penny to US$3.25 a pound.Follow @AleksSagan on Twitter.
BUENOS AIRES, Argentina — The U.S.-China trade war, the Saudi crown prince’s first trip abroad since the brutal killing of a newspaper columnist and the Ukraine crisis will grab the world’s attention at this week’s G-20 summit.None of those issues is on the agenda at the two-day meeting that was meant to focus on development, infrastructure and food security. But the gathering of leaders from the world’s top industrialized and emerging nations will be eclipsed by discussions and controversy on the sidelines.“The G-20 summit features high drama on the turbulent global stage, with U.S. President Donald Trump, China’s Xi Jinping and Russia’s Vladimir Putin playing leading roles,” said Michael Shifter, head of the Inter-American Dialogue, a Washington-based think-tank .Here’s a look at the main issues during the two-day meeting that begins Friday:___U.S.-CHINA TRADE WARThe global economy is at stake when Trump and Xi meet at a high-stakes dinner in Buenos Aires on Saturday. Can they reach a truce on a dispute that has rattled markets? Trump promises to impose new tariffs on imports from China if they don’t. Most analysts doubt they will reach any overarching deal this weekend that would settle the conflict for good. But if the two sides agree to a cease-fire, it could buy time for more substantive talks.“Whether they shake hands and announce some kind of agreement, or whether they don’t, we don’t think that anything substantial is going to happen in the broader U.S.-China trade conflict,” Willis Sparks, director of global macro politics at Eurasia Group.“It involves a lot more complex issues that are not going to be resolved over the course of a single dinner.”___PRINCE OR PARIAH?Saudi Crown Prince Mohammed bin Salman is at the summit in the wake of the gruesome slaying of Washington Post columnist Jamal Khashoggi and allegations that he ordered the killing inside the country’s consulate in Turkey’s capital last month. Trump has given the prince a pass while citing exaggerated claims of Saudi military contracts and investments in the U.S., and Putin has not criticized Saudi Arabia or the prince either. But European and other leaders are likely to try to avoid a photo-op that could cause backlash at home by appearing to legitimize the man who U.S. intelligence agencies concluded ordered the killing.Human Rights Watch has accused the crown prince of war crimes in Yemen and responsibility for Kashoggi’s killing, and Argentine legal authorities are considering a request to prosecute bin Salman for alleged crimes against humanity.“A cloud of suspicion will loom over him as he tries to rebuild his shattered reputation at the G-20, and world leaders would do well to think twice before posing for pictures next to someone who may come under investigation for war crimes and torture,” Human Rights Watch said.___UKRAINETrump cancelled a meeting with Putin at the summit, citing Russia’s recent seizure of Ukrainian naval vessels and crews. Russia has said Ukraine didn’t have permission to pass between Russia’s mainland and the Crimean Peninsula, while Ukraine insists its vessels abided by maritime laws. Analysts say the question will be how much pressure will Trump and the EU put on Putin over the issue.___TOUGH TIMES FOR U.S.-EUROPE RELATIONSEurope is on weak footing at this year’s G-20. France fears Trump will block or eclipse any progress at the summit, and President Emmanuel Macron’s main task will be making sure Europe’s voice is heard and doesn’t get diluted by internal divisions.Trump recently lit into Macron over his suggestion that Europe build up its militaries because the continent can no longer depend on the U.S. Trump also criticized him over French tariffs on U.S. wine and even Macron’s approval ratings.Trump also said British Prime Minister Theresa May’s Brexit agreement “sounds like a great deal for the EU” that would make it more difficult for the U.K. to strike a trade deal with the U.S. The British pound fell in the wake of his comments, which were countered by May.“The Europeans know that they need to get along for the greater good of the trade relations. But the relations between Trump and the European leaders that he’s going to see in Buenos Aires are really bad,” Sparks said. “The word that comes along to me when it comes to the relation between these leaders is: Icy.”___NAFTAMexico and Canada recently reached agreement with the Trump administration on a revamped version of the North American Free Trade Agreement, and the deal is expected to be signed during the G-20 summit, though it won’t take effect until approved by the countries’ legislatures.“Maybe the one bright spot (at the summit) is the signing of the new NAFTA,” said Shannon O’Neil, an expert on global trade at the Council on Foreign Relations.The renegotiations, however, left a bad taste among the partners, Shifter said.While the three leaders are supposed to be at the signing ceremony, Sparks said the possibility remains that it could be left to less senior officials because Canada and Mexico are not happy Trump did not lift tariffs on steel and aluminum.“What was supposed to be an event that would mark a turning point,” Sparks said, “is looking like lower down on the bill.___LOW EXPECTATIONSEven the host country of the summit has lowered expectations.Pedro Villagra Delgado, Argentina’s lead organizer for the G-20, acknowledged last week that it might not be possible to reach a consensus on a final statement.Patricio Navia, a political science professor at New York University, said there are “way too many ongoing conflicts” and potential sources of instability at a summit that will likely be “an echo chamber for the lack of co-ordination and co-operation” seen at other forums.“It is unlikely that the G20 meeting will provide any guidance as to what will happen next,” Navia said. “In fact, the meeting will probably end up generating even more instability, precisely because there will be many confusing signals coming out of the meeting.”___Associated Press writers Angela Charlton and Peter Orsi contributed to this report.___Luis Andres Henao on Twitter: https://twitter.com/LuisAndresHenaoLuis Andres Henao, The Associated Press