I’m following Warren Buffett’s latest move to sell banks and buy this!

first_img Our 6 ‘Best Buys Now’ Shares Click here to claim your free copy of this special investing report now! TomRodgers has no position in any of the shares mentioned. The Motley Fool UK has recommended Barclays and Lloyds Banking Group. 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. The news that Warren Buffett has made some major purchases in recent days should be make investors prick up their ears. The 89-year-old multi-billionaire proves there’s no age limit to good investing.I think that by following his recent buys and sells, UK investors can make the best of their own portfolios in these seriously uncertain times.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…What did Warren Buffett do?Warren Buffett made his name by recording near-20% returns annually from 1965 to 2019.Compounding your gains at 20% a year means doubling your money in less than half a decade. So following Warren Buffett in his market moves makes a huge amount of sense.According to new regulatory filings, the Berkshire Hathaway chairman has made some significant moves this month.Sell thisOn the selling side, Warren Buffett has slashed his stake in banks. This includes unloading 61% of his holdings in JP Morgan Chase, and selling 26% of his position in Wells Fargo.Why is this? Bankers are having to put aside extra money to cover what they might lose from people being unable to pay back loans. JP Morgan had to set aside more than $10.5bn of these loan-loss provisions while reporting that its Q2 profits had fallen more than 50% year-on-year.The same is happening in the UK. Barclays, for example, reported a 91% fall in net profit in the second quarter of the year. Barclays shares have suffered a 40% drop this year alone.This scenario is very likely to continue throughout the UK recession and pandemic-related economic turmoil.Lloyds is wallowing at under 30p, a 44% loss since January. And I think the shares can fall much further.Richard Buxton, head of strategy at Jupiter Asset Management, told the Financial Times: “Given the headwinds, investing in banks is as stupid an activity as investing in oil majors…The economic downturn clearly means a big pick-up in bad debts.”Buy this?By contrast, Warren Buffett has been ploughing money into gold miners like never before. As Mark Twain famously wrote: “During a gold rush it is a good time to be in the pick and shovels business.”With the price of gold breaking all-time highs above £1,550 per ounce, gold miners are finding ever greater demand, higher margins and profits from their precious metal product.Warren Buffett has been buying up Canada’s Barrick Gold. Its share price, predictably, jumped 12% on the news that the Sage of Omaha was buying-in.For UK investors, I think there’s strong value to be had from the likes of FTSE 250 gold miner Centamin. Yes, even with a headline P/E ratio of 34.Why? Well, profit tripled in the first half of 2020 and revenues are up more than 56%. So the company’s earnings are growing faster than the share price.Centamin also raised its interim dividend by 50%, reflecting its growing profits.There are also slightly riskier plays in AIM-listed gold stocks like Greatland Gold and Eurasia Mining. I’ve covered them both before because I believe they have some of the best prospects in the world right now. 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. 5 Stocks For Trying To Build Wealth After 50 See all posts by Tom Rodgers Simply click below to discover how you can take advantage of this.center_img Image source: The Motley Fool 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. Tom Rodgers | Tuesday, 18th August, 2020 Markets around the world are reeling from the coronavirus pandemic…And with so many great companies trading at what look to be ‘discount-bin’ prices, now could be the time for savvy investors to snap up some potential bargains.But whether you’re a newbie investor or a seasoned pro, deciding which stocks to add to your shopping list can be daunting prospect during such unprecedented times.Fortunately, The Motley Fool is here to help: our UK Chief Investment Officer and his analyst team have short-listed five companies that they believe STILL boast significant long-term growth prospects despite the global lock-down…You see, here at The Motley Fool we don’t believe “over-trading” is the right path to financial freedom in retirement; instead, we advocate buying and holding (for AT LEAST three to five years) 15 or more quality companies, with shareholder-focused management teams at the helm.That’s why we’re sharing the names of all five of these companies in a special investing report that you can download today for FREE. If you’re 50 or over, we believe these stocks could be a great fit for any well-diversified portfolio, and that you can consider building a position in all five right away. Enter Your Email Address I’m following Warren Buffett’s latest move to sell banks and buy this!last_img read more

Massive people’s protests continue in Algeria

first_imgEver since Feb. 22, Hirak — the protest coalition in Algeria — has held a nationwide protest on Fridays, the day the weekend starts there. Students and youth generally hold their nationwide demonstrations on Tuesdays.This Nov. 1, Algeria marked the 65th anniversary of the start of its War of Independence against France. It was also the 37th consecutive Friday that the Hirak coalition has held protests this year.On Nov. 1, the demonstration in Algiers was gigantic — so big that it started Thursday night, Oct. 31. The spur that provoked such a turnout was the current government’s plan to hold new elections for president Dec. 12.Many protesters from outside the capital city of Algiers arrived in the city before Friday because they expected the cops and army to block transportation. They stayed overnight with family or friends.Numbers are hard to estimate. Wide avenues and big squares were filled with chanting, flag-waving protesters carrying both Algeria’s national flag and the Amazigh (Berber) cultural flag. Amazighs are a distinct national minority in Algeria making up roughly 30 percent of its population. Since June, over 20 protesters carrying the Amazigh flag have been arrested.“Dump the generals in the garbage!” shouted some demonstrators. Other popular slogans included: “Civilian government, not a military,” “Power to the people, a constituent assembly, sovereign and revocable,” “Elections under a corrupt system are a wily trap” and “I am a member of Hirak, I am not voting.” (el Watan, Nov. 1)Massive demonstrations also took place in Oran, Constantine, Annaba, Mostaganem, Blida, Tipaza, Dellys, Béjaïa, Tizi-Ouzou and Sidi Bel Abbès.Timeline of Algeria’s protestsThe Hirak protests began in February when the people of Algeria decided that then President Abdelaziz Bouteflika should not run for a fifth term. When he agreed in early April to retire, the protests shifted focus. The demands put forward by Hirak were that all elements of Bouteflika’s “gang” had to leave and that a fair, equitable system of governing Algeria had to be created.The army under General Ahmed Gaïd Salah, which has effectively run the government since Bouteflika’s departure, tried to hold elections in April, but couldn’t find candidates. A court canceled the elections the government scheduled for July.The Algerian election authorities have now accepted five candidates for the scheduled Dec. 12 elections. Four were cabinet ministers under Bouteflika, and the fifth is the leader of a small party closely allied to Bouteflika’s. The Hirak coalition’s massive Nov. 1 outpouring was in protest of these new presidential election plans.When one of the candidates was discovered eating at a restaurant in west Algiers on Nov. 3, a demonstration quickly gathered and forced him out of the building and into his car, according to a report carried on French TV national news.There are two major currents in Hirak. One will accept holding elections, if they are not obviously rigged. The other, which is supported by the left-wing parties, wants to hold a constituent assembly, which would make major changes in how Algeria is governed.Roles of the U.S. and FranceAccording to the U.S. State Department: “The United States is one of Algeria’s top trading partners, and Algeria is one of the top U.S. trading partners in the Middle East/North African region.” To unpack this diplomatic jargon, Algeria’s trade with the U.S. is far more important to Algeria than U.S. trade with Algeria is to the U.S.After Algeria gained independence from France in a brutal war that cost Algeria a million martyrs, it became a leader in the Non-Aligned Movement of the 1960s. Its current orientation has shifted quite a bit, which some recent events have made clear.In 2018, Crown Prince Mohammed bin Salman of Saudi Arabia was granted a two-day state visit in Algeria. That year, before his visit, the Algerian Navy took part in the U.S. Africom maneuvers off the coast of Greece. More recently, Algerian forces participated in “Flintlock 2019” military maneuvers under U.S. Africom command in Burkina Faso and Mauritania.France’s involvement in Algeria has far deeper roots, with colonial rule beginning in 1830 and not ending until 1962. Immigration of Algerians into France began in the early 20th century, ebbing and flowing since then, with a major influx as late as the 1980s. The Algerian community in France is now over a million people, including significant numbers who are first and second generation.During Algeria’s War of Independence (1954-62), French police under the direction of Maurice Papon massacred pro-independence Algerian protesters in Paris in 1961 and threw over 200 bodies into the Seine River. Papon was later convicted for sending French Jews to German extermination camps during World War II.After the massive Nov. 1 demonstrations, current French President Emmanuel Macron issued a tweet saluting the Algerian people’s “spirit of responsibility, in this period so crucial for its future.” Though Macron extended “best wishes,” what his message actually conveyed was reluctance toward any direct, open involvement of France in the current struggles in Algeria. Given the history of the French colonization of Algeria, and the large number of people in the Algerian community in France, any neocolonial intervention would likely produce an immediate, significant backlash.FacebookTwitterWhatsAppEmailPrintMoreShare thisFacebookTwitterWhatsAppEmailPrintMoreShare thislast_img read more

Two journalists arrested in France while doing story on migrants

first_img Respect judicial independence in cases of two leading journalists in Serbia and Montenegro, RSF says FranceSwitzerlandEurope – Central Asia Protecting journalists Judicial harassment FranceSwitzerlandEurope – Central Asia Protecting journalists Judicial harassment The two journalists were Caroline Christinaz, a Swiss reporter for the Lausanne-based daily Le Temps, and Raphaël Krafft, a French reporter for the French public radio station France Culture.They were stopped at a police roadblock in the Col de l’Echelle mountain pass in southeastern department of Hautes-Alpes on the night of 11 November while travelling in vehicles driven by residents of the nearby Briançon area, who were bringing four migrants (all minors) into France clandestinely.Christinaz and Krafft were released but were ordered to report to police in the town of Briançon the next day.During interrogation the next morning, Christinaz discovered that she was being investigated on suspicion of “assisting the illegal entry, circulation or presence of foreigners in French territory,” a charge punishable by a heavy fine or up to five years in prison. She showed the police her press card and explained that she was working on a story at the time of her arrest.“For two hours, most of the questions put to me were designed to obtain information about my sources and the people I was with,” Christinaz said, adding that she repeatedly told the police that she wanted to avail herself of her right as a journalist to protect her sources.Christinaz said they police also demanded her mobile phone and its access codes and questioned her about her private life with the aim of estimating her financial resources and the size of any eventual fine. Finally, they photographed her and took her fingerprints.“Doing a report on migrants should not be regarded as a crime,” RSF deputy editor in chief Catherine Monnet said. “Treating journalists as suspects when they are just doing their job is an obstruction of the right to practice journalism. We also point out that journalists cannot be forced to reveal their sources because the right of journalists to protect their sources is enshrined in France’s 1881 press law.”The police treated Krafft as witness when they questioned him separately on the afternoon of 12 November, a few hours after Christinaz. So far, the two journalists have no idea whether the French authorities intend to take any further action in this matter.France is ranked 39th out of 180 countries in RSF’s 2017 World Press Freedom Index. June 7, 2021 Find out more RSF calls for a fully transparent investigation after mine kills two journalists in Azerbaijan After two journalists were arrested in southeastern France last weekend while doing a story on migrants entering the country clandestinely from Italy, Reporters Without Borders (RSF) points out that journalism is not a crime and that journalists have the right to protect their sources. Help by sharing this information French police officers of the gendarmerie, August 2017/ AFP Organisation News Newscenter_img to go further Receive email alerts News June 8, 2021 Find out more November 14, 2017 Two journalists arrested in France while doing story on migrants June 4, 2021 Find out more “We’ll hold Ilham Aliyev personally responsible if anything happens to this blogger in France” RSF says News Follow the news on Europe – Central Asia RSF_en last_img read more

Won’t You Help? 200 Back-to-School Backpacks Needed for Local Children in Need or Foster Care

first_img 5 recommendedShareShareTweetSharePin it Make a comment Get our daily Pasadena newspaper in your email box. Free.Get all the latest Pasadena news, more than 10 fresh stories daily, 7 days a week at 7 a.m. Hillsides, a Southern California foster care and mental health charity, is asking the community to donate 200 school backpacks for local children in need or foster care. Every summer, the agency, which serves 15,000 children and families, runs a back-to-school backpack drive for children who cannot afford school supplies.This year, Hillsides has fallen short of its goal to collect 450 backpacks filled with school basics.“In recent years, Hillsides has expanded its programs, which means we are serving more children than ever before,” said Laura Kelso, Hillsides community resources director. “We are thankful for our generous community members who have already donated backpacks, but right now, hundreds of children won’t be able to start the school year with the needed supplies or a backpack to carry them in.”One easy way for people to donate is to dovetail giving with their back-to-school shopping. “While at the store, families might consider purchasing a few extra supplies such as pens, pencils, notebooks and erasers as well as some extra backpacks for kids in need,” said Kelso. “Gathering together supplies and backpacks is also a fun, worthwhile project for local businesses looking to give back.”Those interested in donating backpacks and supplies to Hillsides can contact Kelso at [email protected] or (323)  254-2274 ext. 1251. Anyone wishing to donate cash toward backpacks and supplies can visit https://hillsides.wedid.it/campaigns/3587.About HillsidesHillsides, with its affiliate Bienvenidos, is dedicated to healing children and young adults, strengthening families, and transforming communities through quality comprehensive services and advocacy. Headquartered in Los Angeles, the agency serves 15,000 children and families in Southern California throughout more than 40 sites, including school-based mental health offices in Los Angeles, Pasadena, and Baldwin Park. Foster care and adoptions services are offered in Los Angeles, Orange, Riverside, and San Bernardino Counties. To learn more about Hillsides, please visit www.Hillsides.org. Visit Hillsides on Facebook @hillsideschildren, on Twitter @Hillsides, or on Instagram @HillsidesPasadena. Community News Community News Top of the News Business News First Heatwave Expected Next Week Name (required)  Mail (required) (not be published)  Website  Your email address will not be published. Required fields are marked *center_img Pasadena Will Allow Vaccinated People to Go Without Masks in Most Settings Starting on Tuesday Subscribe More Cool Stuff HerbeautyA Woman Being Deceptive About Her Age Is Nothing New!HerbeautyHerbeautyHerbeautyThese Are 15 Great Style Tips From Asian WomenHerbeautyHerbeautyHerbeauty8 Easy Exotic Meals Anyone Can MakeHerbeautyHerbeautyHerbeautyThese Fashion Tips Are Making Tall Girls The Talk Of The TownHerbeautyHerbeautyHerbeauty6 Strong Female TV Characters Who Deserve To Have A SpinoffHerbeautyHerbeautyHerbeauty11 Signs Your Perfectionism Has Gotten Out Of ControlHerbeautyHerbeauty Community News Won’t You Help? 200 Back-to-School Backpacks Needed for Local Children in Need or Foster Care From STAFF REPORTS Published on Tuesday, July 31, 2018 | 2:30 pm Pasadena’s ‘626 Day’ Aims to Celebrate City, Boost Local Economy faithfernandez More » ShareTweetShare on Google+Pin on PinterestSend with WhatsApp,Donald CommunityPCC- COMMUNITYVirtual Schools PasadenaHomes Solve Community/Gov/Pub SafetyPasadena Public WorksPASADENA EVENTS & ACTIVITIES CALENDARClick here for Movie Showtimes EVENTS & ENTERTAINMENT | FOOD & DRINK | THE ARTS | REAL ESTATE | HOME & GARDEN | WELLNESS | SOCIAL SCENE | GETAWAYS | PARENTS & KIDS Home of the Week: Unique Pasadena Home Located on Madeline Drive, Pasadenalast_img read more

Groove Brings Sendoso Sending to the Inbox

first_img Pinterest By Digital AIM Web Support – February 25, 2021 TAGS  Facebook Facebook WhatsApp Groove Brings Sendoso Sending to the Inbox Twitter Local NewsBusiness WhatsApp Pinterest Twitter Previous articleDillard’s to Launch Born on Fifth for Antonio MelaniNext articleDerek Whipple Joins Alliant Insurance Services Digital AIM Web Supportlast_img read more

Basin 52 call for artists

first_img Odessa Arts is seeking artists for the inaugural Basin 52 exhibit, to be displayed from Oct. 1 to Sept. 30, 2022.Fifty-two works by 52 different West Texas artists will be exhibited in various city buildings across Odessa.These works should reflect the artist’s impression of West Texas. The works will also be included in an exhibit catalog, and printed on a specialty playing card deck to be sold by local merchants.Deadline to apply is May 31.To apply, visit tinyurl.com/5fkatrzw. TAGSBasin 52Odessa Arts Facebook WhatsApp WhatsApp Local News Facebook Twittercenter_img Twitter Basin 52 call for artists By Odessa American – May 9, 2021 Pinterest Pinterest Previous articleWest Texas BlowoutNext articleELAM: Do we really want to change America? Odessa Americanlast_img read more

Delhi Is Not Ready In Terms Of Seismic Structural Stability of Buildings To Resist Earthquakes: Delhi Govt Informs Delhi HC [Read Order]

first_imgNews UpdatesDelhi Is Not Ready In Terms Of Seismic Structural Stability of Buildings To Resist Earthquakes: Delhi Govt Informs Delhi HC [Read Order] Karan Tripathi20 Jun 2020 7:16 AMShare This – xDelhi Government has informed the Delhi High Court that the buildings in Delhi are not ready in terms of seismic structural stability to resist earthquakes. The information was given to the Division Bench of Chief Justice DN Patel and Justice Prateek Jalan in a plea seeking implementation of various orders of the court directing the government to usher preparedness to…Your free access to Live Law has expiredTo read the article, get a premium account.Your Subscription Supports Independent JournalismSubscription starts from ₹ 599+GST (For 6 Months)View PlansPremium account gives you:Unlimited access to Live Law Archives, Weekly/Monthly Digest, Exclusive Notifications, Comments.Reading experience of Ad Free Version, Petition Copies, Judgement/Order Copies.Subscribe NowAlready a subscriber?LoginDelhi Government has informed the Delhi High Court that the buildings in Delhi are not ready in terms of seismic structural stability to resist earthquakes. The information was given to the Division Bench of Chief Justice DN Patel and Justice Prateek Jalan in a plea seeking implementation of various orders of the court directing the government to usher preparedness to face earthquakes. The Petitioner claims that he wishes to inform the court about the alleged ‘lackadaisical’ approach of the State Government and the civic bodies in taking steps in a time bound manner in order to save the people of Delhi from an impending earthquake. It is also highlighted by the Petitioner that the authorities have not complied with the previous orders of this court which had directed for taking measures to create preparedness for earthquakes. In yesterday’s proceedings, neither the Delhi Government nor any of the municipal corporations could provide a positive answer to the court regarding the implementation of the existing notifications and orders. Highlighting this issue, the court noted that: ‘We are not going into the sufficiency of the provisions made in the said notifications/ action plans at this stage. However, it ought to be kept in mind that drafting of notifications and action plans has to be followed up with their timely implementation/execution. We expect from all the respondents that the notifications/ guidelines/ directions have issued by them should be implemented quickly.’ The court also noted that it expects by the next date of hearing, information will be furnished by all the concerned Respondents regarding at least 25 buildings in respect of which they have commenced implementation of the action plan as pointed out by the Government of NCT of Delhi in their counter affidavit. ‘What is in the interest of the public, is the execution of the directions and not the high-sounding words of the notifications’, the court said. It was further highlighted by the court that as of now it is not criticizing the actions of the Respondents. However, if no execution of the directions are shown by the Respondents, they must be ready to face the criticism of the court and the officer(s) concerned must be ready to face action against them.Click Here To Download Order[Read Order] Next Storylast_img read more

National St. Patrick’s Festival programme unveiled

first_img Harps come back to win in Waterford WhatsApp By News Highland – February 17, 2021 Google+ National St. Patrick’s Festival programme unveiled Facebook Pinterest Journey home will be easier – Paul Hegarty Twitter RELATED ARTICLESMORE FROM AUTHOR Google+ Twittercenter_img Pinterest The programme for the National St. Patrick’s Festival, has been unveiled.Dúisigh Éire! Awaken Ireland! is the theme of this year’s festival, a clarion call to the Irish across the world to throw off the long, dark months and rise to embrace the brighter days ahead. St. Patrick’s Festival is made possible through the continued support of the Department of Tourism, Culture, Arts, Gaeltacht, Sport and Media, Fáilte Ireland, Dublin City Council, and many generous partners and funders.Dúisigh Éire! Awaken Ireland! promises to be a positive and uplifting celebration of our incredible people, our beautiful island, our community bonds, our young people, artists, creators and makers, and our diaspora across the world. The Festival will connect our global family, to mark our national day, through remembrance and celebration, song and story, laughter and tears, exploring the unique ties that bind us as a people.The Festival Programme is now available www.stpatricksfestival.ie. WhatsApp Arranmore progress and potential flagged as population grows News, Sport and Obituaries on Monday May 24th Facebook DL Debate – 24/05/21 Previous articleBusiness Matters Ep 31 – Tom MurrayNext articleDeputy Doherty’s insurance bill criticised by Government News Highland Important message for people attending LUH’s INR clinic Homepage BannerNewslast_img read more

Over 1,200 people participate in the Hoboken Christmas Exchange

first_imgHOBOKEN — On Dec. 9 more than 1,200 family members and children received gifts at the Hoboken Christmas Exchange hosted by Hoboken Grace Church. The event gave the community a chance to help make a memorable Christmas for families in need.150 volunteers helped to deliver the gifts while over 1000 people signed up to participate in the event to adopt a family or child. They were able to drop off their wrapped presents over the past week so that on Saturday all the families in need could come and pick up their gifts.Hoboken Grace worked with the Hoboken Housing Authority, HOPES, North Hudson Community Action Corps, Hoboken Family Planning, and The Jubilee Center to identify families in need.last_img

Phil Lesh, Terrapin Family Band, Melvin Seals, & Nicki Bluhm Perform In Central Park [Audio]

first_imgThe Grateful Dead movement continues, as Phil Lesh & Friends packed Central Park SummerStage on Wednesday night to a crowd of fans old and new. Following a Phil-filled weekend at LOCKN’ Music Festival— which saw the Grateful Dead bassist reunite with Bob Weir to recreate the seminal 1977 Grateful Dead album, Terrapin Station, perform an entire set with members of moe., and more–Lesh continued the stride with the Terrapin Family Band on a beautiful summer evening in the city. Jerry Garcia Band keyboardist Melvin Seals and frequent collaborator and vocalist Nicki Bluhm were also performing as special guests for the show’s entirety.Phil Lesh Announces Halloween Show At The Cap With Nicki Bluhm And Robert RandolphThe first set took on the music of Jerry Garcia Band completely, which included famous covers of “Tangled Up In Blue,” “Señor,” “I Second That Emotion,” and “After Midnight” with keyboardist Melvin Seals adding even more specialty to the stage. The second set was pure Grateful Dead, playing through all the favorites, starting with “Shakedown Street,” moving through “Music Never Stopped” and “Estimated Prophet,” then included the Terrapin Family Band’s own original “Galilee,” before continuing on the Grateful Dead set. A monstrous “Dark Star > Morning Dew > Dark Star” shifted gears before a set closing “St. Stephen” and “Love Light.” The band returned to the stage for a “Sugaree” encore.Thanks to taper Phishrabbi, you can listen to the full audio below via JamBuzz:Phil Lesh will return to New York for Halloween at The Capitol Theatre alongside Nicki Bluhm and Robert Randolph on October 31. More information here.Setlist: Phil Lesh & Friends | Central Park SummerStage | New York, NY | 8/30/17I: Tangled Up in Blue, They Love Each Other, How Sweet It Is, Mission In The Rain, Reuben & Cherise, Señor (Tales Of Yankee Power), Second That Emotion, After MidnightII: Shakedown Street, Music Never Stopped, Estimated Prophet, Galilee, Playing in the Band, The Wheel, Dark Star, Morning Dew, Dark Star, St Stephen, Love LightEncore: Sugaree[photo by John Wisdom on Instagram]last_img read more