160Want local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set! “If you think you don’t want to go down this road, this is not for you,” Shames said. Wyeth plans to start Lybrel sales in July. The company hasn’t yet determined a price for the 28-pill packs. The pill contains a low dose of two hormones already widely used in birth-control pills, ethinyl estradiol and levonorgestrel. WASHINGTON – The first birth-control pill meant to put a stop indefinitely to menstrual periods won federal approval Tuesday. Lybrel is the first such pill to receive Food and Drug Administration approval for continuous use. Taken daily, the pill can halt women’s menstrual periods indefinitely and prevent pregnancies. Lybrel is the latest approved oral contraceptive to depart from a regimen of 21 days on and seven days off, standard since the 1960s. Manufactured by Wyeth of Madison, N.J., Lybrel is designed to put off periods altogether when taken without a break. The pill isn’t for everyone, an FDA official said. About half the women enrolled in studies of Lybrel dropped out, said Dr. Daniel Shames, a deputy director in the FDA’s drugs office. Many did so because of the irregular and unscheduled bleeding and spotting that can replace scheduled menstruation.
2 June 2006The Investment Climate Facility, a unique fund conceived to help Africa create a more attractive business environment and realise its potential as a global player and trading partner, was formally launched at the World Economic Forum on Africa in Cape Town on Thursday.A centre-piece of the WEF meeting, the Investment Climate Facility (ICF) received the full backing of the continent’s premier gathering of leaders in business and politics, and announced that it had successfully secured its first $US100-million of funding through a combination of sovereign donor and corporate funding.“With a defined seven-year life span, the ICF has set out clear objectives to drive investment in Africa, removing real and perceived obstacles to domestic and foreign investment, and preparing and promoting the continent as an investment destination,” the ICF said in a statement.These objectives include streamlining business registration, improving customs regulation, securing property rights and making financial markets more inclusive.‘Clear mandate to make a difference’“We are confident the ICF can have an immediate and sustained impact on Africa’s future growth and development,” said Reuters chairman and ICF co-chair Niall Fitzgerald. “It is a unique fund, highly accountable and focused, with a clear mandate to make a difference.”Initial sponsors of the ICF include Anglo American, Royal Dutch Shell and Shell Foundation, Unilever, SAB Miller, the UK Department for International Development, Ireland, the Netherlands, the European Commission and the International Finance Corporation.The ICF is structured on private sector principles and governed by an independent board responsible to the ICF’s investors as well as to African and other high-level stakeholders. It has the support of the African Union, the New Partnership for Africa’s Development (Nepad), the Commission for Africa, the G8 and Business Action for Africa.“Africa must achieve a sustained annual growth rate of 7% if it is to meet the Millennium Development Goal of halving the number of people living on less than US$1 a day by 2015,” said former Tanzanian president and ICF co-chair Benjamin Mkapa. “Improving the investment climate is a central catalyst in fulfilling this objective.”Reforming Africa’s investment climateThe ICF said it was “designed to complement rather than compete with other programmes. It is focused exclusively on reforming the investment climate across Africa – through practical action and measurable change.“The ICF’s level of resources, and its ability to draw upon skills and experience of African business, governments and regional bodies, enables it to work at regional and national level.”The ICF’s ambitious list of to-dos over the next few years include:Reducing red tape;Helping to secure property rights and make contract enforcement more efficient;Speeding up and simplifying business registration processes;Making financial markets more inclusive;Making labour markets more conducive to job creation;Ensuring that customs regulations are reformed to facilitate trade;Making tax systems easier to comply with;Making information and communication technology regulations more investment friendly;Promoting competition;Pursuing initiatives to reduce corruption and crime; andPromoting Africa’s image as an attractive investment destination.“The ICF will not finance commercial ventures of hard infrastructure,” the body said in its statement. “No projects that are to the benefit of one particular company may be funded by the ICF. All projects will be for the benefit of the business community as a whole.”SouthAfrica.info reporter Want to use this article in your publication or on your website?See: Using SAinfo material
Share Facebook Twitter Google + LinkedIn Pinterest By Brian EthridgeDTN Marketing EditorThis article was originally posted at 3:06 p.m. CDT on Tuesday, Sept. 3. It was last updated at 4:00 p.m. CDT on Tuesday, Sept. 3.**OMAHA (DTN) — Corn condition improved just 1 percentage point last week, while soybean condition remained unchanged. Development of both crops continue to be well behind normal.As of Sunday, Sept. 1, the U.S. corn crop was rated 58% in good-to-excellent condition, up 1 percentage point from 57% the previous week. That is the lowest good-to-excellent condition for this time of year since 2013, noted DTN Lead Analyst Todd Hultman.Corn’s current condition rating is 10 percentage points behind last year’s good-to-excellent condition of 67%.Corn development continues to lag behind the average pace. Nationwide, corn in the dough stage was estimated at 81%, up 10 percentage points from 71% the previous week but 12 percentage points behind the five-year average of 93%.Corn dented was 41%, up 14 percentage points from the previous week, but far behind last year’s 73% and 19 percentage points behind the five-year average of 63%.“Denting is especially slow in Indiana at 26%, Michigan at 14%, Minnesota at 25%, North Dakota at 8% and at 18% each for South Dakota and Wisconsin,” Hultman said.Corn mature was pegged at 6%, 14 percentage points behind last year and well below the five-year average of 13%.Soybean condition was left unchanged with a good-to-excellent rating of 55%. Like corn, that is the lowest rating since 2013.“Missouri, plus Illinois to Ohio, continue to be states with high poor ratings,” Hultman said.The portion of the soybean crop that was blooming was 96%, 2 percentage points higher than last Monday’s report. However, this time last year blooming was considered complete, and that coincides with the five-year average. Soybeans setting pods reached 86% as of Sunday, 10 percentage points behind the average pace of 96%.Spring wheat harvest continued to pick up steam, jumping 17 percentage points from the previous week to reach 55% as of Sunday. Despite the big jump, that was still well behind last year’s 86% and 23 percentage points behind the five-year average of 78%.“Montana has the most work left with only 46% of the crop in. North Dakota is a close second at 52% complete,” Hultman said.Sorghum heading reached 92% as of Sunday, behind the five-year average of 95%. Sorghum coloring was estimated at 52%, behind the average of 64%. Sorghum mature was estimated at 24%, behind the average of 33%. Sorghum harvested was estimated at 21%, 1 percentage point behind the five-year average of 22%. Oats were 84% harvested, behind the average of 91%.Cotton setting bolls was 97%, near the five-year average of 96%. Cotton bolls opening was at 36%, ahead of the average of 27%. Cotton condition was rated 48% good to excellent, 7 percentage points higher than last year’s 41% good-to-excellent rating. Rice harvested was 21%, 6 percentage points behind the average of 27%.To view weekly crop progress reports issued by National Ag Statistics Service offices in individual states, visit http://www.nass.usda.gov. Look for the U.S. map in the “Find Data and Reports by” section and choose the state you wish to view in the drop-down menu. Then look for that state’s “Crop Progress & Condition” report.National Crop Progress SummaryThisLastLast5-YearWeekWeekYearAvg.Corn Dough81719593Corn Dented41277363Corn Mature6–2013Soybeans Blooming9694100100Soybeans Setting Pods86799896Spring Wheat Harvested55388678Cotton Setting Bolls97909596Cotton Bolls Opening36282827Sorghum Headed92869695Sorghum Coloring52416764Sorghum Mature24223033Sorghum Harvested21202222Barley Harvested72548383Oats Harvested84759391Rice Harvested21152927**National Crop Condition Summary(VP = Very Poor; P = Poor; F = Fair; G = Good; E = Excellent)This WeekLast WeekLast YearVPPFGEVPPFGEVPPFGECorn31029471131030471048214621Soybeans310324693103246938234917Spring Wheat2625589152560914216311Cotton11437399215403581518263110Sorghum152753141627511551231439Rice1425472315254821–3225916**National Soil Moisture Condition – 48 States(VS = Very Short; SH = Short; AD = Adequate; SR = Surplus)This WeekLast WeekLast YearVSSHADSRVSSHADSRVSSHADSRTopsoil Moisture9226279236171023607Subsoil Moisture7226568226461225585Brian Ethridge can be reached at Brian.Ethridge@dtn.com(BE)© Copyright 2019 DTN/The Progressive Farmer. All rights reserved.
If you haven’t read my earlier post Nudging Us Towards an Efficient Future, I recommend doing that first, as this post is a follow up.I just read another New York Times article about the new 2010 Honda Insight hybrid sedan. Incidentally, it looks so much like the Prius, it’s a little scary. In any case, the dashboard on this car has some very interesting features that fall right into the “nudge” category of behavior modification. The speedometer background color changes from blue to green as driving becomes “more environmentally responsible” and there is an “eco score” readout that if you win displays a digital trophy surrounded by a wreath. I suppose this might irritate some people, but, if the theory of nudging holds constant, they will be very successful in helping drivers improve their mileage. The readouts in this car are an interesting evolution from those in the Prius – they have taken the raw data (average and maximum MPG, for example), and distilled it down to a score and a color to let you know how you are doing. This makes a lot of sense, as most people prefer the big picture as opposed to lots of detail that they need to interpret.Homes Like Hybrid CarsI am impressed that the energy management in cars is now completely integrated and user friendly, although this makes sense, as cars are typically very well designed, fully integrated systems designed for maximum efficiency. Most homes are still a long way from being the high performance fully integrated products that they someday should be. When they are, they will likely have easy to operate and understand energy management systems built right in. Until then, we have to deal with existing add on products to get the information we need to monitor energy use and nudge us to change our habits. The Energy Detective, the electricity monitor I mentioned before, is one of those add on products that provides a digital read out of instantaneous as well as cumulative power use in a house. This raw data is useful, but it isn’t as effective in changing behavior as something like the Energy Orb. Southern California Edison hooked up these glowing balls to their customer’s meters, causing them to glow green when energy use was low and red when it was high. They reported up to 40% energy savings for customers with the orb. So it seems to be clear that “nudging” works to change behavior.Luxury Nudging with AgilewavesSo TED and the Orb give us basic info on our electricity usage, but what about the rest of the house? We use water and gas as well, and they are not as simple to monitor. This brings us to more sophisticated systems such as Agilewaves, a fully featured, web based monitoring system. This system hooks up to everything in your house, including solar panels, geothermal system, and all regular utilities to provide real time tracking of all energy use. Products like this are really amazing in their capabilities, but I am concerned that the cost puts them out of reach for the average homeowner, and it is getting this information to every homeowner that will help make, cumulatively, a significant impact on our energy use. High end devices like Agilewaves are simply too expensive to be more than a luxury product, at least right now. I do, however, look forward to seeing the descendants of this product being very valuable as they become mass market products and provide every one of us with tools to nudge us to better behavior in our homes.
New Delhi, Jun 21 (PTI) Brimming with excitement and energy, Delhiites gathered in large numbers at various parks and public squares across the city today to mark the third International Day of Yoga, even as pre-dawn showers played a bit of a spoilsport.Prime Minister Narendra Modi led the country-wide celebrations in Lucknow, where an estimated 55,000 enthusiasts, including Chief Minister Yogi Adityanath, stretched an extra muscle in various yogic postures.In Delhi, the third edition of the celebrations played out at several venues — from open plazas in central Delhi to old municipal parks and sprawling gardens in other parts of the city.Union ministers M Venkaiah Naidu and Vijay Goel, Delhi Lt Governor Anil Baijal and Chief Minister Arvind Kejriwal also took part in the celebrations. NDA presidential nominee Ram Nath Kovind and senior BJP leader Meenakshi Lekhi also joined in.The streets of Connuaght Places Inner Circle, where vehicular movement has been restricted, wore a festive look as old and young, dressed in colourful attire, pulled and stretched to perform various asanas.Mats were also rolled out at the six radial roads of the famed market place, Lodhi Garden, Nehru Park, Talkatora Garden and Childrens Park at India Gate, under the aegis of the New Delhi Municipal Council.Though rains in the early hours had turned the mats soggy, the number of people joining the celebrations, continued to build up.As the day progresses, the number of people participating in the celebrations, which also includes mega yoga sessions at DDA parks, is expected to reach 10,000 across the city.advertisementThe day, which was adopted by the United Nations in 2014, was also celebrated at the Red Fort lawns by a huge gathering. Elaborate security arrangements were put in place in the city to ensure no untoward incident.The city too wore a festive look as various striking yoga-themed murals were created at various places in the run- up to the celebrations, transforming drab metal sheets at building construction sites and dreary walls of municipal parks into bright canvases.The latest artwork, the most ambitious one, which was completed yesterday, is an over 10,000-sq ft mural depicting the meditative asanas of Surya Namaskar in the backdrop of Delhis famed monuments.The eye-catching artwork has been executed on metal sheets at a construction site near the AIIMS flyover.Several central government ministries also hosted events in their office premises for their employees.The major events by DDA were be held at District Park, Sector- 11, Dwarka, Swarn Jayanti Park, Rohini and Yamuna Sports Complex in east Delhi.The three municipal corporations of Delhi are also holding events to mark the day. The North Delhi Municipal Corporation at Ajmal Khan Park, the South Corporation at Talkatora Stadium, the East Corporation at its headquarters in Patparganj.”Two big screens have been set up at Ajmal Khan Park to beam live telecast of Yoga Day celebrations in Lucknow,” a senior civic official said.Restrictions on vehicular traffic and parking areas in Connaught Places Inner Circle, ordered closed from 11 PM, June 19, would be lifted at 11.30 AM.Entry and exit points at the Rajiv Chowk metro station will be closed till 08.30 AM for the Yoga Day celebrations.The centrepiece of the first International Day of Yoga celebration on June 21, 2015 was New Delhis Rajpath. The event made it to the Guinness World Records with 35,985 participants performing asanas at one venue and 84 nationalities being part of it.Last year, the main function was in Chandigarh. PTI SLB/PLB/KND BSA
UK-based containership charter owner Global Ship Lease saw its net income rise to USD 7.3 million for the second quarter 2017 from USD 5.6 million reported in the same period a year earlier.During the quarter, the company’s revenue stood at USD 40.2 million, slightly down from USD 41.3 million seen in the second quarter of 2016, while its operating income increased to USD 18.5 million from USD 17.9 million.“During the second quarter of 2017, we remained focused on generating strong cashflows from stable, fixed-rate contracts with industry-leading counterparties. The value and consistency of this core strategy was once again evident in our financial results for the quarter,” Ian Webber, Chief Executive Officer of Global Ship Lease, said.For the six months ended June 30, 2017, Global Ship Lease reported a net income of USD 14.1 million, up from USD 11 million reached in the first six months of 2016. The company’s revenue for the period dropped to USD 79.9 million from USD 83.9 million, while its operating income was at USD 36.9 million, representing a slight increase from USD 36.3 million reported in the first half of 2016.Webber informed that the company expects “continued firming in the charter market over time, driven by discipline in the placement of new orders, an orderbook heavily skewed towards the largest vessels, elevated scrapping consisting almost entirely of the mid-sized and smaller vessel classes where we focus, and better than expected demand growth.”“We remain encouraged by the upward movement of the spot charter market throughout 2017 and believe that this should benefit those of our vessels due to become open later this year and early next,” Webber added.
OTTAWA – Although the cost to build solar power has plummeted over the last decade, a new report suggests Canadians aren’t rushing use the sun to make electricity.The National Energy Board today released its annual look at the state of renewable energy in Canada and it says solar energy accounts for just 0.5 per cent of all Canada’s generated electricity.And almost all of that exists entirely in Ontario, the report notes.NEB chief economist Shelley Milutinovic said the trend in Canada is that renewable energy sources like wind and solar are replacing coal as Canada moves to eliminate that as a source of electricity by 2030.Between 2005 and 2016, non-hydroelectric renewables — wind, solar and biomass — grew from 1.5 per cent of total electricity generation in Canada to 7.2 per cent.During that same period coal fell from 16 per cent to 9.3 per cent as a source of power. Canada intends to eliminate coal as a source of power by 2030 and only four provinces still get any power from the fossil fuel.The Organization for Economic Co-operation and Development released a review of Canada’s environmental policies this week which gave the country a rough ride for its energy-intensive, high-emitting, resource-based economy, but did point to Canada’s electrical supply as a positive.Only about 20 per cent of Canada’s electricity comes from fossil fuels now — divided almost equally between coal and natural gas. Nuclear energy accounts for 15 per cent of Canada’s electricity supply.The rest comes from renewables. Hydro is the big beast in that, responsible for almost 60 per cent of Canada’s power in 2016. While actual hydro power generation has grown about seven per cent in the last decade, other renewables are exploding.The amount of electricity generated by the wind is 20 times what it was in 2005, and wind as a percentage of total power grew from just 0.2 per cent in 2005 to 4.7 per cent in 2016.Solar didn’t exist as a source of power for utility companies in Canada a decade ago. By 2016, solar capacity was 2,310 megawatts, almost all of it in Ontario.Outside of Ontario, solar installations are mostly quite small. The largest solar farm in western Canada is a two-megawatt one on the Green Acres Hutterite Colony east of Calgary.Milutinovic said the costs of solar and wind are now very comparable to other sources of power which are making them more and more attractive.The cost to install a solar panel is about one-tenth of what it was in 2000, at about 95 cents per watt, according to the International Energy Agency.Despite that, Canada is outmatched in solar on the international scene.While Canada’s biggest solar farm is about 100 megawatts, India this year unleashed one 10 times as big. The Kunrool Ultra Mega Solar Park is the biggest in the world with 1000 megawatts of installed capacity.India had just 17 megawatts of installed solar capacity in 2010. It now has 12,000 megawatts.China is the world’s solar leader, both in the manufacturing of solar panels and their installation. In 2005, China had 70 megawatts of installed solar power. In 2016, it had 78,000.Canada is 13th in the world in the amount of installed solar capacity. Where Canada gets just 0.5 per cent of its power from solar, Italy gets 7.5 per cent, Germany gets 6.7 per cent, Japan 4.9 per cent, the United States 1.4 per cent and China 1.07 per cent.Milutinovic says the one thing not measured in this report however is the capacity for solar installations on private homes and businesses. She said some of the Ontario solar generation numbers include those, but elsewhere that is simply not being tracked.So there is no good data on how many individuals now have solar panels on their roofs or how many farms have them in their fields.She said it is one area governments should be looking at to get a better picture of what is actually happening on this front.— follow @mrabson on Twitter.
TORONTO – TMX Group Ltd. has signed a deal to acquire Trayport Holdings Ltd. from Intercontinental Exchange Inc. in an agreement valued at $931 million.Under the transaction, TMX Group (TSX:X) will pay $592 million in cash and sell Natural Gas Exchange Inc. and Shorcan Energy Brokers to ICE for $339 million.Trayport provides services to energy commodities traders, exchanges, wholesale brokers and central clearing counterparties.It has about 240 employees in offices in London, New York and Singapore.The companies said that the UK Competition and Markets Authority has approved the sale of Trayport to TMX Group.The sale of NGX and Shorcan Energy to ICE is subject to regulatory approval and notifications including approval from the Canadian Competition Bureau.
A fundraiser will be hosted Friday night to support Fish Creek Provincial Park. A Taste of Autumn Wine & Beer Tasting and Silent Auction will feature keynote speaker Harry Sanders, a local historian who will talk about the city and the park. READ MORE: Fish Creek Park gets Taste of AutumnThe event is taking place at the Canyon Meadows Golf & Country Club overlooking the Fish Creek Valley. For more event information visit The Friends of Fish Creek website.
CALGARY, A.B. — The Alberta Securities Commission is banning the former CEO of the Canadian arm of Chinese oil giant CNOOC Ltd. from acting as a director or officer in the province after he settled insider trading claims against him in the United States.The regulator says it is reciprocating an order made by the U.S. Securities and Exchange Commission last fall after Fengjiu Zhang – who had moved back to China by then – agreed to a three-year ban there to settle charges that he broke U.S. insider trading laws.The SEC found that less than a week before CNOOC announced in July 2012 a deal to buy Calgary-based Nexen Inc. for US$15.1 billion, Zhang, then the CEO of Calgary-based CNOOC Canada Inc., asked a friend in the U.S. to buy stock for him and tipped off another friend in the U.S. who also bought stock. The SEC found that the first person made a profit of almost US$66,000 and the second made over US$11,000 by later selling the shares.Zhang and one of the friends agreed to disgorge profits and pay civil penalties to settle the SEC charges without admitting or denying the findings. Zhang, who moved back to Beijing in 2017, also agreed to a three-year officer and director ban.The ASC says Zhang did not appear for a hearing held in January but let staff know through a local representative that he would not contest the Alberta ban.“The misconduct described in the SEC order … occurred partly in Alberta, when Zhang was a resident of Calgary, and involved the securities of an Alberta-based reporting issuer,” the ASC panel said in its decision. “We agree with staff that there is ‘a nexus to Alberta and the public interest in Alberta is affected.’ That interest should be protected through the imposition of the orders sought on this application.”The CNOOC deal to buy Nexen was reluctantly permitted by the Stephen Harper government and allowed only after the buyer agreed to maintain its workforce and stay in Calgary.The government then brought in new rules preventing state-owned enterprises from purchasing controlling interests in the oilsands.