Tuesday 18 January 2011 7:12 pm whatsapp KCS-content Hutchison in $6bn stock offer whatsapp HUTCHISON Whampoa plans to spin off its holdings in two ports assets, a move expected to raise $6bn (£3.8bn) in what could be Southeast Asia’s largest ever stock offering.The listing by Hutchison, a ports-to-telecom conglomerate owned by Hong Kong tycoon Li Ka-shing, will take place on the Singapore Stock Exchange, allowing the company to use the proceeds for investments in its ports and infrastructure business.“Hutchison’s divestments will likely result in a meaningful reduction in the company’s net debt and increase the company’s financial flexibility,” said Kalai Pillay, senior director at Fitch’s Asia-Pacific corporates team, noting that the deal will also reduce cash flows to Hutchison from the ports business.The key assets of Hutchison Port are deep-water container port operations in Hong Kong, China’s southern Guangdong province and Macau.Hutchison proposes to spin off Hutchison Port Holdings Trust in a separate listing in Singapore, where regulations are favourable for trusts-like companies to list, it said in a filing with the Hong Kong stock exchange yesterday.The statement helped explain why Hutchison would float the ports unit in Singapore rather than Hong Kong, where heavy demand from investment funds have made Hong Kong by far the top exchange for public listings in the last two years.Shares of Hutchison fell 2.4 per cent yesterday to HK$93.65 per share in a broader market down 2.4 per cent. Traders attributed the dip to the run up the stock has enjoyed this year.Hutchison’s shares have risen 17 per cent since the beginning of the year, making it the second-best performer among the main Hang Seng index. Read This NextRicky Schroder Calls Foo Fighters’ Dave Grohl ‘Ignorant Punk’ forThe WrapCNN’s Brian Stelter Draws Criticism for Asking Jen Psaki: ‘What Does theThe WrapDid Donald Trump Wear His Pants Backwards? Kriss Kross Memes Have AlreadyThe WrapPink Floyd’s Roger Waters Denies Zuckerberg’s Request to Use Song in Ad:The Wrap’Sex and the City’ Sequel Series at HBO Max Adds 4 More ReturningThe WrapHarvey Weinstein to Be Extradited to California to Face Sexual AssaultThe WrapThe Truth About Bottled Water – Get the Facts on Drinking Bottled WaterGayot’The View’: Meghan McCain Calls VP Kamala Harris a ‘Moron’ for BorderThe Wrap’Black Widow’ First Reactions: ‘This Is Like the MCU’s Bond Movie’The Wrap Show Comments ▼ Share Tags: NULL
Legal & compliance Subscribe to the iGaming newsletter Email Address Settlement will see supplier pay $151.5m to Shuffle Tech and two other plaintiffs to bring dispute dating back to 2012 to a close Topics: Legal & compliance Scientific Games has reached a settlement with Shuffle Tech International and two other companies in a long-running legal dispute over an allegedly frivolous patent lawsuit regarding automatic card shuffling machines.As part of the settlement Scientific Games is to pay Shuffle Tech, Aces Up Gaming and Poydras-Talrick $151.5m, around 45% of the $335m it had been ordered to pay by an Illinois jury in August this year.“While we firmly believe that the jury decision was wrong, we are pleased with the outcome of the settlement and that this matter will be resolved for good,” Scientific Games chief legal officer and executive vice president James Sottile said.The case dates back to 2012, when Scientific Games filed a lawsuit against the three companies, alleging the trio had infringed on the solutions provider’s patents in the development of an automatic card shuffling machine.Shuffle Tech, Aces U and Poydras-Talrick responded with an antitrust lawsuit in 2015. They argued that the supplier had misled the US Patents and Trademark Office by filing broad and vague trademarks that were designed to help it control the automatic card shuffling machine market.This ultimately saw the jury rule in the trio’s favour, awarding them compensatory damages of $105m which, due to the nature of the case, were trebled to $315m. Coupled with lawyers’ fees and related costs, this left Scientific Games facing a total payment of $335m.The supplier has always denied wrongdoing, and at the time pledged to push for a review of the finding of liability and the damages awarded. In the settlement announced yesterday (December 13) Scientific Games did not admit any liability.The settlement is conditional upon the trial court entering an order to vacate the judgement reached following the jury’s verdict, though Scientific Games expects this to go ahead. Once this condition has been fulfilled, all litigation relating to the matter will be ended, and all pending motions and filings dropped. 14th December 2018 | By contenteditor Scientific Games reaches settlement in Shuffle Tech antitrust suit AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter
Share on Facebook Tweet on Twitter I see the Apopka Voice has failed to post anything about the debate. That is debate for Seat 2 I guess the the dog ate the footage or the editorial. So in my opinion Reggie your complicit in trying to deny Mr. Bell a fair opportunity to have the People her his message. You keep his original interview for more than three weeks.Yet you found the time to post a photo shot of the debate for Seat 1 to many excuses on your part. Mr Bell owned that debate. The other three had no clue. Like my other post. You take then down God for bid someone gets to read and honest opinion or comment. Alice Nolan was asked what she would do if the will of the people and the knowledge she gained through research and understanding of an issue didn’t line up? Which direction would she go? “My job as a City Commissioner is to inform the citizens on what is coming up to theAlice NolanCouncil and implement what the citizens want their city to be. I would sit down with citizens to see why they felt different. Usually, in these situations, someone has more information than the other, in the end, though, my job is to do the will of the people.” Reply Opinion/AnalysisBy Reggie Connell/Managing Editor of The Apopka VoiceI love a good debate.I have probably seen every Presidential debate since Ronald Reagan and Jimmy Carter squared-off in 1980. I have attended dozens of debates and townhalls and watched hundreds on television and online. Political campaigns are often a singular process where candidates typically run in their own lanes, knock on doors and give speeches without the presence of their opponents, but in a debate, there is no hiding. It’s where the swords clash into one another, and the truth is often discovered.The Apopka Voice held its first two townhalls last Wednesday and Thursday night for Seats #1 and #2 of the Apopka City Commission. And while I may have seen a lot of debates and townhalls, moderating one is a completely different experience than watching from the audience I must admit.I will never be critical of a moderator again.Denise Badger (who was the facilitator both nights) and I would like to commend all eight candidates who participated in the two townhall events – Leroy Bell, Suzanne Kidd, Alicia Koutsoulieris, Gene Knight, Theresa Mott, Alice Nolan, Alexander Smith, and Commissioner Diane Velazquez.All eight of you conducted yourselves professionally and in my opinion flourished under a rather unusual format. All of you made your points well, explained your approaches to governing effectively, and illustrated your ideological philosophies to the point that any undecided voters in attendance left with enough information from these townhalls to make a decision.And isn’t that what townhalls/debates are all about?I think the voters were better served by making this an opportunity for each candidate to go deeper with their ideas, philosophies, and plans if they were to be elected to the Apopka City Commission. I asked that none of you attack another candidate during your responses, and you followed the rules and explained your opinions and approach to the Apopka City Commission. That is why I gave you the questions in advance. I wanted the voters of Apopka to see you at your very best, and I think they did. Not only did you not criticize your co-candidates, but several times you agreed with them, and even helped them on occasion, which I’m pretty sure they discourage in debate school. But on these two nights, it was a refreshing change from the negative campaigns that are so prominent these days. Yes, I have seen a lot of debates in my life, but the townhalls for Seat #1 and Seat #2 on Wednesday and Thursday night were two of my favorites. Here are some of the highlights from the Wednesday night townhall for Seat #2: I really liked the manner in which Leroy Bell, the candidate for Seat 2 for Apopka City Commissioner, commanded attention to his cause, by standing up from his seat, when it was his time to speak, and walked around to the front of the stage as to command attention from the audience, as I said, and to make his presence larger and more important….. I think his standing was a brilliant move for a debate, rather than to remain seated, at the big church campaign event last night! Diane Velazquez was asked to define her role as a city commissioner:Apopka City Commissioner Diane Velazquez“It’s more than just reviewing and deciding on new city projects, proposals, city charter changes, and any other issues the city and its residents may face in the ever-changing future of our city. Additionally, the role of a city commissioner is to make decisions on facts and taking into consideration the needs of the community at large. When I say, “More than just decision making,” It’s my opinion that commissioners need to be in contact with the community at all times. A commissioner needs to attend community meetings, attend organizational meetings and gatherings, attend school functions and church services. I have been invited to many church services in our community and I have attended almost all the services that I was invited to. Staying in touch with the residents, business people and others that visit and are in contact with our city is a very important part of being a city commissioner.”Alicia Koutsoulieris was asked to explain why she wanted to be an Apopka City Commissioner even though she was relatively unknown to the community:Alicia Koutsoulieris “For several years, I’ve worked and volunteered with organizations that help those in need in the community. It’s my responsibility to do my part when and where I can to help. To serve as a City Commissioner, this would be another opportunity to continue that work in a new capacity.” Reply Reply Please enter your comment! Mama Mia March 7, 2018 at 10:26 am UF/IFAS in Apopka will temporarily house District staff; saves almost $400,000 March 7, 2018 at 10:34 am “After doing research and looking at cities outside and in the area I think 25% is about right. And I think to get there we need to go through the budget and cut all the fat out of it. And secondly over time when we get the reserves back together, not to fall into the same rabbit hole again, what I think we should do is put policies in place as to when we can use the reserve so that we don’t go back to where we are today. We don’t have to raise taxes. There is a lot of fat in the budget we can cut, and we can start now. We can go through the budget line by line and I think we’ll be on our way.” Apopka City Hall Reggie Connell Save my name, email, and website in this browser for the next time I comment. I went to the 3 campaign events for the Apopka City Council Commissioner hopefuls. One thing I did notice after last night’s event at the big church on 441 was, that if appeared to me, that one of the candidates had flip-flopped her position on the subject of annexing South Apopka since the March 1st event at Highland Manor, when she wasn’t in favor of annexing at this time, is what I thought I heard from her…then a total turn around, and change of stance, at the big church event where she was in favor of annexing…..???????? This is what I thought I heard. Reply Mama Mia Mr. Bell is quoted in this very article as is each Seat #2 candidate. He is also pictured in the article as is every Seat #2 candidate. I’m not sure why you keep posting the exact same message that I’m trying to hinder Mr. Bell’s opportunity to present his message, and I don’t know why you keep posting that I’m deleting your comments. Every single comment you have made is still on the site and on The Apopka Voice Facebook page. LEAVE A REPLY Cancel reply Please enter your name here March 6, 2018 at 5:13 pm Reply Leroy BellLeroy Bell was asked about the budget and the general fund reserve. He explained why he would want to increase the reserve: TAGSThe Apopka Voice Townhall Previous articleLake Apopka Natural Gas celebrates third annual Utility Workers’ DayNext article1,782 vote-by-mail ballots received for Apopka elections Denise Connell RELATED ARTICLESMORE FROM AUTHOR I am going to give you my opinion on who I think really shined like a beacon on a lighthouse at last night’s debate, and IMO it was Theresa Mott. She told of a vast array of volunteer and charitable work that she has been engaged in over the years, that I didn’t have a clue, that she had done all of this work, that she had not bragged on herself before, like some people do, over and over….. A Red Cross volunteer, a Salvation Army member, all kinds of work, where she was an officer in clubs, boards she is on, or been on in the past, etc. She did so well in answering the questions too, with clarity, and she has compassion for both the residents of Apopka, and of the residents of South Apopka, that are in the county, and while she looks to the subject of annexation, she doesn’t want to impose hardships on people who are of low income with annexation, taxes, and other impactful local government actions, and she indicates those people need to be heard, and considered carefully. That is one big plus in my book, COMPASSION and CARING! Listen to the people of this community when they speak and tell you their beliefs! Plus at the end of the talks, she told how very much she is excited, anxious, and ready and willing to be your Seat 1 Commissioner on the Apopka City Council, and how she respectfully asks for your vote! Go Theresa!!!!! Joseph 5 COMMENTS March 7, 2018 at 11:39 am Gov. DeSantis says new moment-of-silence law in public schools protects religious freedom March 7, 2018 at 10:53 am Florida gas prices jump 12 cents; most expensive since 2014 You have entered an incorrect email address! Please enter your email address here Mama Mia
By Lamont Lilly and Dante StrobinoDurham, N.C.Victims of police brutality in Durham share their experiences.WW photo: Dante StrobinoThe Liberty and Justice Coalition for Carlos Riley Jr. organized this city’s first-ever “Block Party for Justice” and speak-out against racial profiling and police brutality on Aug. 3. The event was co-sponsored by the Durham Solidarity Center, the NAACP and the Durham branch of Workers World Party.The coalition was formed to defend the African-American youth, currently incarcerated in a Durham County jail on a $2.5 million bail for defending himself against a racist police attack last Dec. 18. He is being charged with assaulting a law enforcement officer, robbery with a gun and possession of a firearm by a convicted felon. Numerous marches and rallies have been held demanding his freedom. Read more about this case at workers.org.The block party was a community assembly organized as a day of fun and much needed fellowship. Event organizers conducted outreach for two weeks leading up to the speakout by knocking on doors, specifically targeting Black working-class neighborhoods in East Durham, where the event was staged. Resistance posters and Aug. 3 fliers were all over the neighborhood.The block party was held at Long Meadow Park. Over 200 community residents attended, from mostly the African-American and Latino/a communities. There were three grills all cooking food at the same time. Community residents received free hot dogs, baked beans, salad and homemade desserts. For many oppressed communities, a free balanced meal goes a long way, if only for one day.The block party was an interactive community rallying cry for peace and justice. The purpose of the event was not only to discuss important political and social issues, but to engage the community on a more personal grassroots level. It was critical that activists and organizers could speak face-to-face and really listen to residents on a one-on-one basis. It was an opportunity for the oppressed to connect, gather and speak in a safe space. Even the presence of Durham police officers circling the park in their vehicles throughout the event could not interrupt the spirit of peace, resistance and community empowerment.Speaking out against injusticeThere were victims of police brutality who shared personal testimonies. There were parents who opened up in sharing their children’s’s experiences with law enforcement in the public school system. There were poets, hip-hop emcees and deejays who kept the crowd spirited in the name of mass consciousness. There was live jazz, guest speakers and a conference call with incarcerated Carlos Riley Jr.Guest speaker and local activist Taurean Brown delivered a powerful and insightful address, highlighting the ills of capitalism, racism and the history of injustice in the Black, Brown and poor communities.There were community vendors and literature tables to distribute information. There was a voter registration tent that also housed the police complaint drive. The organization is now gathering those complaints of police violence and racial profiling to be delivered in a public action in the coming week.There were banners calling for the freedom of Carlos Riley Jr., CeCe McDonald, Marissa Alexander and justice for Trayvon Martin so that residents begin to conceptualize the local issues within a national context. A poster board was constructed where community residents could honor and remember the names of people killed by police and government agents — including Black Panthers such as Bobby Hutton and Fred Hampton, and many more.Community residents actually came up and wrote the names of folks they knew. It was quite powerful to see.Antonio Dixon shared how his 15-year-old brother was blatantly killed by Durham police after being shot in the back a few years ago. The young man himself was also brutally attacked by a Durham police officer. His face was smashed into the concrete. He is now permanently disabled. He currently suffers regular seizures and is unable to work. Hearing his story is an example of why providing such a space was so important.Widespread repressionNorth Carolina was the first state a few years ago to pass a law that requires cops to record racial data on every stop, detention and arrest. This has also been used to show widespread racial disparities. Racial profiling is running rampant in Durham, producing the worst statistics in the state. According to a June 2011 study conducted by the Racial Justice Task Force at the North Carolina Advocates for Justice, African Americans who reside in Durham County are nine times more likely to be arrested during a traffic stop than whites. Police brutality and excessive force have also been quite prevalent.One week prior to the block party, a Durham police officer, R.S. Mbuthia, fatally shot in cold blood a 33-year-old Honduran immigrant, José Ocampo, at his front door. It was an absolute outrage. As three uniformed officers approached Ocampo, not one of them was able to speak Spanish. He was killed with one shot to the head and two shots in the chest.In the days that followed, Durham Police Chief José López did not even issue an apology to this family. López excused such actions as police procedure and basically stated that Mbuthia and the other pigs were just doing their job. In addition to the case of Carlos Riley Jr., the Ocampo shooting was also discussed at the Block Party for Justice. A vigil was held Aug. 4 for Ocampo and attended by over 100 community supporters and family members in Old East Durham. Read more at tinyurl.com/lpj6g2f.As the capitalist crisis and greed of the elite continue to clamp down on the necks of the people, forums, rallies, teach-ins and cultural events must all work together in maximizing mass consciousness and activism. The Block Party for Justice was just the beginning in Durham. Justice troops are now on the ground and mobilizing the people, any and every way possible. Power to the people!Dante Strobino and Lamont Lilly are members of the Durham branch of Workers World Party.FacebookTwitterWhatsAppEmailPrintMoreShare thisFacebookTwitterWhatsAppEmailPrintMoreShare this
News Updates’Hathrass Not Only In State Of UP But Also In Jharkhand’: HC Orders Appointment Of SIT As Police Displays Lax In Investigating 15-Yr-Old Burnt Victim Case [Read Order] Akshita Saxena8 Oct 2020 7:07 AMShare This – x”Hathrass is not only in the State of Uttar Pradesh, but also is in the State of Jharkhand,” the High Court remarked today while hearing a “shocking incident” where a 15-year old girl was brutally murdered by burning. The Bench of Justice Ananda Sen was surprised by the manner in which the investigation in such a heinous case had been carried out by the Jharkhand Police. The facts…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?Login”Hathrass is not only in the State of Uttar Pradesh, but also is in the State of Jharkhand,” the High Court remarked today while hearing a “shocking incident” where a 15-year old girl was brutally murdered by burning. The Bench of Justice Ananda Sen was surprised by the manner in which the investigation in such a heinous case had been carried out by the Jharkhand Police. The facts and circumstances of the case at hand constrained the Judge to compare it with the heinous Hathras Rape Case where also the victim was brutally assaulted and thereafter, as reported by the media, her family was victimized by the ‘high-handedness’ of the state authorities. Allahabad HC Takes Suo Moto Cognizance Of Hathras Case; Says ‘Incidents Have Shocked Our Conscience’ In the case at hand, Justice Sen observed that the FIR was lodged right on the day following the date of alleged incident. However, he expressed his surprise as to the “very casual manner” in which the IO had proceeded in the case. Taking exception to this the Court sternly remarked, “The way the investigation proceeded is absolutely unsatisfactory. No seriousness is shown by the Investigating Officer nor even by the supervising authority in this case. The urgency is absolutely lacking. This court cannot keep its eyes shut and ignore this type of lackluster and shoddy investigation. Seriousness and urgency ought to have been shown by the investigating authorities. They have miserably failed as there is no substantial progress in the investigation even after lapse of six months.” Significantly, the investigating authority had tried to pitch in a suspicion of honor killing in the matter. However, without making any remarks on the merits of such a theory, the Court passed directions for expedited investigation. It said, “This court is not going into all these aspects. The fact remains that a young girl of 15 years was brutally burnt to death, be it by the accused named in the FIR or anyone else. Even if the theory of the State is accepted that this can be a case of honour killing then also the same is more heinous. This heinous incident needs immediate and proper investigation to bring to light the correct fact and to book the real accused persons.” The Court has directed the Director General of Police, Jharkhand, to immediately constitute a SIT to investigate this case. The Bench ordered, “Since from the case diary I find that the investigation has not been done in a proper manner and no urgency or seriousness is shown by the present investigator, I think this is a fit case where a SPECIAL INVESTIGATING TEAM (SIT) be constituted.” It is clarified that the DGP shall appoint responsible and senior persons and shall monitor the investigation from time to time and ensure completion of investigation at the earliest without any delay. It added, “it will be open to the SIT to immediately arrest the accused persons and it will be the duty of the SIT to see that none of the witnesses are tampered by anyone.” Background Allegedly, one Pintu Paswan, by sprinkling kerosene oil on the body of the 15 years old girl, burnt her and thereafter, by removing the tiles of the roof of his house tried to flee but the family members of the victim caught hold of him. The FIR in the matter was registered by the victim’s father on the next date. A perusal of the case diary of the case revealed: “The first information report was registered on 31/3/2020. The police visited the place of occurrence and prepared the inquest report on that date…The next date of investigation, which finds place in the case diary, is 4th April 2020, i.e. after four days when the I.O. only records the statement of two seizure list witnesses. The next date in the case diary is 22nd April 2020, i.e. after more than 16 days. Nothing was done by the I.O. in between.” The Court further observed, “The next date of activity of the Investigating Officer is 5th May 2020, which is more than 14 days. On that day he obtains permission from the court to send the swab to the FSL. On next day, i.e. 6th May 2020, the I.O. obtains a letter from the hospital to send the swab to the laboratory. Surprisingly rather shockingly the swab was sent to the laboratory only on 20th May 2020 i.e. after 14 days. In the entire case diary there is no explanation about the delay caused. This is how an investigation is going on of a most heinous crime.” The Court further observed that there were independent witnesses who supported the case of the prosecution however “surprisingly enough” there was nothing to suggest that the police had ever made an attempt to arrest the named accused persons. Click Here To Download Order Read Order Next Story
Google+ Previous articleDerry City in a good place – Declan DevineNext articleStorm Hannah: Weather warning in effect for Donegal from tonight News Highland RELATED ARTICLESMORE FROM AUTHOR Facebook WhatsApp Pinterest Google+ WhatsApp Harps come back to win in Waterford Facebook Twitter Pinterest News, Sport and Obituaries on Monday May 24th Derry draw with Pats: Higgins & Thomson Reaction SDLP proposes compromise to break Stormont deadlock AudioHomepage BannerNews The SDLP is proposing a way to break the deadlock at Stormont in a bid to get the power sharing government in the North back up and running.Parties were slammed for not having a working Assembly at the funeral of murdered journalist Lyra McKee in Belfast yesterday.The SDLP wants to remove a provision that relies on cross community support, which would allow the outstanding issues to be voted on by all parties.The DUP and Sinn Fein have failed to agree terms to form a new Government, but SDLP Deputy Leader Nicola Mallon says her party’s plan is a possible way forward……….Audio Playerhttp://www.highlandradio.com/wp-content/uploads/2019/04/16mallon.mp300:0000:0000:00Use Up/Down Arrow keys to increase or decrease volume. By News Highland – April 25, 2019 DL Debate – 24/05/21 Journey home will be easier – Paul Hegarty Twitter FT Report: Derry City 2 St Pats 2
Copyright © 2018, ABC Radio. All rights reserved. iStock/Thinkstock(ORLANDO, Fla.) — Hurricane Michael — a Category 2 hurricane — churned toward the Florida Panhandle Tuesday as the state and its neighbors braced for the impact.The storm at midday Tuesday already had winds of 110 mph. When Michael reaches 111 mph, it will become a Category 3 hurricane.Here is what to expect and when:Tuesday:— Michael was 360 miles south of Panama City, Florida, as of 11 a.m. Tuesday.— Georgia Gov. Nathan Deal on Tuesday declared a state of emergency for 92 of his state’s counties, and Scott has declared a state of emergency in 35 counties in Florida.— In Alabama, where residents may see massive power outages, high winds and heavy rain, Gov. Kay Ivey declared a statewide emergency.Wednesday:— Landfall is forecast for around 1 p.m. Wednesday near Panama City, with winds possibly reaching 125 mph. (A Category 4 hurricane is 130 mph).— Storm surge could reach a deadly 12 feet, Florida Gov. Rick. Scott warned. “You cannot hide from storm surge,” he said at a news conference Tuesday. “This storm can kill you.”— Rainfall could reach 12 inches in the Florida Panhandle and up to 6 inches in the Carolinas.— Warnings are in effect for more than 300 miles of coastline, the National Weather Service said.Thursday and after:— Michael is forecast to stay a tropical storm as it moves through Georgia and into the Carolinas on Thursday.— The storm is expected to move further inland later in the week, potentially bringing rain and heavy wind to portions of South Carolina, North Carolina and Virginia.
BackgroundIce, snow and temperatures of -14°C are conditions which most animals would find difficult, if not impossible, to survive in. However this exactly describes the Arctic winter, and the Arctic springtail Onychiurus arcticus regularly survives these extreme conditions and re-emerges in the spring. It is able to do this by reducing the amount of water in its body to almost zero: a process that is called “protective dehydration”. The aim of this project was to generate clones and sequence data in the form of ESTs to provide a platform for the future molecular characterisation of the processes involved in protective dehydration. ResultsFive normalised libraries were produced from both desiccating and rehydrating populations of O. arcticus from stages that had previously been defined as potentially informative for molecular analyses. A total of 16,379 EST clones were generated and analysed using Blast and GO annotation. 40% of the clones produced significant matches against the Swissprot and trembl databases and these were further analysed using GO annotation. Extraction and analysis of GO annotations proved an extremely effective method for identifying generic processes associated with biochemical pathways, proving more efficient than solely analysing Blast data output. A number of genes were identified, which have previously been shown to be involved in water transport and desiccation such as members of the aquaporin family. Identification of these clones in specific libraries associated with desiccation validates the computational analysis by library rather than producing a global overview of all libraries combined. ConclusionThis paper describes for the first time EST data from the arctic springtail (O. arcticus). This significantly enhances the number of Collembolan ESTs in the public databases, providing useful comparative data within this phylum. The use of GO annotation for analysis has facilitated the identification of a wide variety of ESTs associated with a number of different biochemical pathways involved in the dehydration and recovery process in O. arcticus.
Home » News » Housing Market » Will Boris’s Stamp Duty changes resolve the ‘broken’ market in London? previous nextHousing MarketWill Boris’s Stamp Duty changes resolve the ‘broken’ market in London?Expert says the top rate has been responsible for 26% fall in transactions in the capital, but will the blonde mop’s proposals really help?Sheila Manchester4th July 201903,133 Views Last Friday’s news, that Boris Johnson had said that (if he succeeds in his Tory leadership battle) one of his key moves will be to slash Stamp Duty, caused significant noise in property circles.In the last few days, share prices have risen for several major house builders, including Taylor Wimpey, Barratt developers and Crest Nicholson while analysts were making positive noises, (some gleefully) noting the opposite stance of the Labour leader.Mr Johnson’s policies on home ownership and taxes could not be more different to Jeremy Corbyn’s. recent announcements on home ownership – and the related taxation – which have horrified many.Inevitably, there was a strong reaction to both and once the excitement died down, property experts were taking a closer look at the potential effects of Boris’s plans.Penny Mosgrove (left), CEO of Quintessentially Estates, said, “Whilst the super prime market – properties selling at or about the £10 million mark – has been seeing somewhat of a renaissance in the last few months, the £2 million-£10 million market remains sticky. This is thanks to both the paralysing cloud of Brexit uncertainty (which we have now been deep amidst for over three years) and the punitive stamp duty rates introduced back in 2014. The market needs a shot of adrenalin and it needs it now.“The stamp duty reforms proposed by Mr Johnson would certainly assist in galvanising the market. This is not about rewarding the super-rich, it is about reducing barriers currently stopping people from moving: thus helping buyers at every rung of the ladder.”Fraser Slater, CEO of Ludgrove (right), an award-winning property finder and consultant operating in Prime Central London, said, “Our in-house research has shown that changes in the top rate of Stamp Duty were directly responsible for the 26% fall in London property transactions since 2014.“Depending on the size of the tax reduction, Boris Johnson’s plans to reduce Stamp Duty will go a long way to resolving the broken market in London and The South East. A significant cut will ‘un-gum’ property chains at the top-end leading to greater liquidity throughout the market, as well as a more efficient use of the existing housing stock.“Lower transaction taxes will also encourage the conversion of tired stock to modernised rental units by Investors and new housing starts by developers. Looking at the history, a top Stamp Duty rate of 4% would be the optimal level (versus 12% today). The last time the top rate was 4% London property transactions were 94% higher at 175,870 compared to 90,316 transactions in 2018.“Furthermore, we agree wholeheartedly with Mr Johnson’s sentiment that tax cuts can create more tax revenue (via the Laffer Curve effect). Our research shows that a cut in Stamp Duty will actually generate more overall tax revenue through increased transactions and property-related business activity (Stamp Duty, VAT, Corporation Tax & Employment taxes).” July 4, 2019Nigel LewisWhat’s your opinion? Cancel replyYou must be logged in to post a comment.Please note: This is a site for professional discussion. Comments will carry your full name and company.This site uses Akismet to reduce spam. Learn how your comment data is processed.Related articles Letting agent fined £11,500 over unlicenced rent-to-rent HMO3rd May 2021 BREAKING: Evictions paperwork must now include ‘breathing space’ scheme details30th April 2021 City dwellers most satisfied with where they live30th April 2021