6 Toros 6 http://6toros6.com/ Thu, 25 Nov 2021 04:28:08 +0000 en-US hourly 1 https://wordpress.org/?v=5.8 https://6toros6.com/wp-content/uploads/2021/05/cropped-icon-32x32.png 6 Toros 6 http://6toros6.com/ 32 32 Supply chain issues affect some lots of local Christmas trees https://6toros6.com/supply-chain-issues-affect-some-lots-of-local-christmas-trees/ Thu, 25 Nov 2021 03:33:45 +0000 https://6toros6.com/supply-chain-issues-affect-some-lots-of-local-christmas-trees/

Supply chain issues are not only causing a shortage of Christmas trees, but also a delay in their delivery.

Problems with the supply chain prevent some lots of local Christmas trees from looking as happy and shiny as before.

“It’s really fun trying to find the perfect tree,” said 8-year-old Madison Laborde.

But for some in Acadiana and across the country, there will be a delay in finding the perfect tree.

Industry experts say this is due to a shortage of labor and supply.

KATC spoke with Peter Mayeaux, owner of All Seasons Nursery with almost 30 years of horticultural experience.

He tells me that these problems have built up over time since what he calls “the 2008 collapse” where growers were unable to sell their trees making it impossible to plant more. .

“Fast forward 10 years, 2018 is your first shortage of Christmas trees, so, and it will probably be like that until around 2023.”

Mayeaux told KATC that it takes at least 10 or 12 years to grow a beautiful tree, so it’s already a slow process, and if you don’t have a good relationship with your grower, you’re going to be stumped.

As for the cost of trees, he said their increase is marginal at around 10 to 15 percent, but the real problem is the cost of logistics.

“We’ve seen big increases in freight, and it’s probably your biggest contributor,” Mayeaux said. “2017, if you go back to that year, you’re probably looking 20% ​​more.”

The owner of Foti’s Fruit Stand in Breaux Bridge, Floyd Foti, told KATC he is directly experiencing the delays.

“Trading in trees is a really tough business,” said Foti. “There’s a lot less work than before, a lot less work in the north, and that’s one of the reasons for the problems – every year it’s the same, it’s a lot of problems.”

However, he did mention that this year was even worse. His shipment of more than 100 trees is over a week late.

“There is less supply than demand right now.”

Foti informed KATC after our conversation, noting that his shipment from a Michigan forest farm will arrive Friday morning.

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Unemployment registrations at their lowest since 1969 https://6toros6.com/unemployment-registrations-at-their-lowest-since-1969/ Wed, 24 Nov 2021 17:48:00 +0000 https://6toros6.com/unemployment-registrations-at-their-lowest-since-1969/ Unemployment claims last week totaled 199,000 after adjusting for seasonal fluctuations, the lowest level since November 15, 1969.

Claims for benefits soared into millions in March 2020 as the pandemic shut down the U.S. economy. Over the next 20 months, claims declined more or less continuously. They peaked at 6.15 million in the week of April 4, 2020.

It wasn’t until last week that claims finally fell below their pre-pandemic levels of around 200,000.

“Layoffs hit new lows amid continued labor shortages as employers seek to retain hard-to-find workers,” wrote Daniel Zhao, senior economist at Glassdoor, in a Tweeter.

The struggle to find staff has been a key feature of the pandemic economy. The demand for labor is high, but the participation rate has fallen.

For workers, this means more choice: in September, the number of people leaving their jobs voluntarily reached a record 4.4 million.

That said, the dramatic drop in claims last week likely overstates how good things are in the job market right now, said Gus Faucher, chief economist at PNC.

“While the drop in UI claims was certainly welcome, it does not indicate a dramatic turnaround in the job market. Claims are very volatile, especially around vacations,” he said. in a note to customers.

Without the seasonal adjustments, however, claims actually rose to 258,622 last week, more than 18,000 more than the week before.

Continuing unemployment claims, which include workers who have applied for benefits for at least two consecutive weeks, stood at around 2 million in the week ended November 13, down 60,000 from the previous week .

Overall, 2.4 million Americans received government benefits under various programs during the week ended November 6, up from 3.2 million at the end of October.


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Specific growth factor found to increase the risk of MS https://6toros6.com/specific-growth-factor-found-to-increase-the-risk-of-ms/ Tue, 23 Nov 2021 14:45:51 +0000 https://6toros6.com/specific-growth-factor-found-to-increase-the-risk-of-ms/ In a study evaluating the impacts of 5 growth factors on MS, fibroblast growth factor 23 was identified as increasing the risk of the onset and progression of multiple sclerosis (MS) in patients.

A recent meta-analysis confirmed a causal relationship between fibroblast growth factor (FGF) 23 and the risk of multiple sclerosis (MS), suggesting that certain growth factors play a critical role in the risk of the disease.

The study, published in Frontiers in immunology, took advantage of a large sample of genetic data from multiple sources to determine if there is a causal relationship between MS and growth factors, including FGF23 as well as growth differentiation factor 15 (GDF15) , insulin growth factor 1 (IGF1), insulin-like growth factor-binding proteins 3 (IGFBP3) and vascular endothelial growth factor (VEGF).

MS affects approximately 2.8 million people worldwide and is diagnosed in 2.1 out of 100,000 people each year. The etiology and mechanisms of the disease are not fully understood and further studies are needed to improve the understanding of its nasogenesis.

Growth factors regulate cytokines that aid in cell proliferation, differentiation, and activation. Previous research has suggested that growth factors act as risk factors for MS and play an important role in the initiation and progression of the disease.

Among the 5 growth factors included in the analysis, FGF23 is known to regulate various biological functions and is an essential player in the metabolism of vitamin D. GDF15 regulates inflammation and apoptosis in various diseases and is known to be positively correlated with MS disability scores. VEGF contributes to the breakdown of the blood-brain barrier (BBB) ​​and is detected in the serum and central nervous tissue of patients with MS.

IGF1 protects neuron and glial cell survival, stimulates myelin regeneration, attenuates BBB damage, and relieves immune-mediated inflammation. IGF1 is also associated with susceptibility to MS. IGF1 is regulated by IGFBP3, which is the most abundant IGFBP in human serum and can directly inhibit cell growth. Reduced levels of IGFBP3 and reduced bioavailability of IGF1 are frequently reported in the serum of patients with MS.

Researchers used data from genome-wide association studies to perform a 2-sample Mendelian Randomization (RM) analysis to understand the potential causal roles these growth factors might play in MS risk. . Genetic instruments and meta-analyzes have been used to examine the roles of growth factors in patients of European descent:

  • FGF23: 7 studies involving 16,624 patients (mean age range: 36.4 – 78.0 years; 54.5% women)
  • GDF15: 4 community cohort of 5,440 patients (mean age 62.0 years; 53.0% women)
  • IGF1: 451,993 patients (mean age, 56.5 years; 54.0% women)
  • IGFBP3: 13 studies including 18,995 patients (57.6% women)
  • VEGF: meta-analysis including 16,112 patients (mean age, 54.8 years; 54.0% women)

Primary magnetic resonance analysis showed that circulating levels of FGF23 were inversely associated with the risk of MS, with an odds ratio (OR) of 0.63 (95% CI: 0.49-0.82; P = .00047). The weighted median estimators identified that FGF23 was also associated with a lower risk of MS (OR, 0.67; 95% CI: 0.51-0.87; P = 0.0031).

“Our result also implied a potential therapeutic role of FGF23 for the treatment of MS…. Further clinical trials are needed to explore the potential therapeutic effects of FGF23 in patients with MS,” the researchers wrote.

FGF23 was the only growth factor examined in the analysis that was found to be associated with the risk of MS. Genetically predicted concentrations of GDF15 (OR, 0.96; 95% CI, 0.90-1.04; P = 0.33), IGF1 (OR, 1.06; 95% CI, 0.94-1.19; P = 0.35), IGFBP3 (OR, 1.01; 95% CI, 0.92-1.11; P = 0.77) and VEGF (OR, 0.99; 95% CI, 0.94-1.06; P = 0.84) demonstrated no causal relationship with MS.

The study had several limitations, including the fact that magnetic resonance analyzes do not replace randomized controlled trials and are subject to the presence of linkage imbalance, cryptic relatedness, genetic heterogeneity, pleiotropy, channeling, or covariate fit. Additionally, the genetic data used in the analysis was collected only from European populations, suggesting that generalization to other populations is limited. Possible differences by sex were also not examined.

Reference

Lu H, Wu PF, Ma DL, Zhang W, Sun M. Growth factors and their roles in multiple sclerosis risk. Immunol before. 2021; 12: 768682. doi: 10.3389 / fimmu.2021.768682

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Tight job market will drive interest rates up, Bank official says https://6toros6.com/tight-job-market-will-drive-interest-rates-up-bank-official-says/ Tue, 23 Nov 2021 12:30:00 +0000 https://6toros6.com/tight-job-market-will-drive-interest-rates-up-bank-official-says/

gHello.

Oil entered a drop this morning amid mounting speculation that the United States will draw on its strategic reserves.

Joe Biden’s administration is believed to have hatched a plan with Asian consumers to boost supply in the market in a bid to contain prices after Opec repeatedly pushed back calls for higher production.

The move creates a potential deadlock between producers and consumers, as the two sides fight for control of the global oil market.

5 things to start your day

1) Light at the end of the tunnel for Crossrail property speculators Suburban home prices rise faster relative to town as new line begins ‘dress rehearsal’

2) Attack on city jeopardizes EU competitiveness Brussels is criticized for forcing financial companies to create subsidiaries within the single market

3) Paul Dacre returns to editor of the Daily Mail as editor-in-chief Veteran editor makes surprise return after withdrawing from race to become Ofcom president

4) John Lewis Takes on ‘Throwaway’ Culture in Retail Retailer to offer grants of up to £ 300,000 to the most innovative ideas that challenge the industry’s ‘outdated’ approach

5) British Airways customers lament another IT incident The airline’s Executive Club website was offline for almost 10 days after scheduled maintenance took significantly longer than expected

What happened during the night

Asian stocks were mostly down on Tuesday, following a pullback on Wall Street after President Joe Biden picked Federal Reserve Chairman Jerome Powell to lead the central bank for a second term, raising expectations that the United States will soon reduce its stimulus.

The MSCI gauge of Asia-Pacific stocks outside of Japan fell 0.49%, while Hong Kong’s Hang Seng index and Chinese benchmark CSI300 opened 1.1 and 0, respectively, 2% less.

The Australian S & P / ASX 200 outperformed with a gain of 0.55 pc, driven by mining companies and energy stocks. Japanese markets were closed for a public holiday.

Coming today

  • Business : Compass (Annual results); AO World, Cranswick, Home Animals, Severn Trent, Victoria (Interim)
  • Economy: PMI (UK, EU, US); GDP (German)
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The United States has positioned special operations near Ethiopia for possible assistance from the American embassy https://6toros6.com/the-united-states-has-positioned-special-operations-near-ethiopia-for-possible-assistance-from-the-american-embassy/ Tue, 23 Nov 2021 03:36:00 +0000 https://6toros6.com/the-united-states-has-positioned-special-operations-near-ethiopia-for-possible-assistance-from-the-american-embassy/
The activation of some army rangers from the 1/75 Battalion suggests that the United States is increasingly concerned about the deteriorating security situation as allied armed groups against the Ethiopian government have advanced south in direction of the capital Addis Ababa.

In what a defense official with first-hand knowledge of matters described as “prudent planning”, three warships in the Middle East have also been put on hold to provide support for evacuations should it become necessary, although State Department officials have warned that there are no plans to conduct a full-scale military evacuation in Ethiopia.

“There are no plans to send the US military to Ethiopia to facilitate evacuations or replicate the emergency effort we recently undertook in Afghanistan, which was a unique situation for many reasons,” said Monday. a senior State Department official told reporters, stressing that US citizens should leave immediately using available commercial flights.

“We’re still, of course, engaged in contingency planning for assumptions, but again, with airports wide open, there’s no reason for that,” they said.

The official pointed out that US citizens who need assistance in leaving Ethiopia via commercial flights should contact the US Embassy, ​​noting that it can now provide consular services “but we cannot predict when and if conditions might change “.

In early November, the State Department ordered the departure of non-urgent US government personnel and their family members from the US Embassy in Addis Ababa “due to armed conflict, civil unrest and possible supply shortages ”.

The defense official with first-hand knowledge told CNN on Monday that three amphibious warships currently in the Middle East – the USS Essex, the USS Portland and the USS Pearl Harbor – were on standby and could be used for possible civilian evacuation efforts. The official said that at this point the United States is not planning a widespread evacuation of Americans, but even a small number will not be able to get to the airport and catch a commercial flight.

The U.S. Embassy has issued frequent alerts warning U.S. citizens to leave, and in early November, the State Department raised its travel advisory for Ethiopia to Level 4: Do not travel and issued guidelines. strict for those planning to travel or stay in the country, including making a will, leaving DNA samples with a medical provider, and designating someone as a point of contact in case the person is taken hostage .

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Paola M. Arbor buys 251 shares of Texas Capital Bancshares, Inc. (NASDAQ: TCBI) https://6toros6.com/paola-m-arbor-buys-251-shares-of-texas-capital-bancshares-inc-nasdaq-tcbi/ Mon, 22 Nov 2021 16:23:16 +0000 https://6toros6.com/paola-m-arbor-buys-251-shares-of-texas-capital-bancshares-inc-nasdaq-tcbi/

Texas Capital Bancshares, Inc. (NASDAQ: TCBI) director Paola M. Arbor acquired 251 shares of the company in a transaction dated Friday, November 19. The shares were purchased at an average cost of $ 59.26 per share, for a total transaction of $ 14,874.26. The acquisition has been disclosed in a legal file with the SEC, which is available through this hyperlink.

Texas Capital Bancshares shares traded up $ 2.21 on Monday, reaching $ 60.35. The stock had a trade volume of 4,185 shares, compared to its average volume of 630,605. The company has a market cap of $ 3.05 billion, a P / E ratio of 12.81 and a beta of 1.85. The stock has a 50-day moving average of $ 60.58 and a 200-day moving average of $ 63.62. The company has a debt ratio of 1.10, a quick ratio of 1.10 and a current ratio of 1.10. Texas Capital Bancshares, Inc. has a twelve month low of $ 52.06 and a twelve month high of $ 93.26.

Texas Capital Bancshares (NASDAQ: TCBI) last released its quarterly results on Tuesday, October 19. The bank reported EPS of $ 0.76 for the quarter, missing analyst consensus estimates of $ 1.09 ($ 0.33). Texas Capital Bancshares had a net margin of 23.46% and a return on equity of 8.98%. The company posted revenue of $ 215.30 million in the quarter, compared to a consensus estimate of $ 224.90 million. In the same quarter of last year, the company posted EPS of $ 1.08. The company’s quarterly revenue was down 19.6% year-on-year. Stock analysts expect Texas Capital Bancshares, Inc. to post earnings per share of 4.36 for the current year.

Several analysts recently commented on TCBI shares. Hovde Group downgraded Texas Capital Bancshares from an “outperformance” rating to a “market performance” rating in a research note on Thursday, September 2. Zacks investment research raised Texas Capital Bancshares shares from a “sell” rating to a “custody” rating and set a price target of $ 63.00 for the company in a report released Friday. Janney Montgomery Scott downgraded Texas Capital Bancshares shares from a “buy” rating to a “neutral” rating in a Thursday, September 2 research note. Raymond James reduced his price target on Texas Capital Bancshares shares from $ 78.00 to $ 75 and established an “outperformance” rating for the company in a research note on Thursday, September 2. They noted that the move was an appraisal call. Finally, Wedbush downgraded Texas Capital Bancshares from an “outperforming” rating to a “neutral” rating in a research report released Thursday, September 2. One analyst rated the stock with a sell rating, six assigned a conservation rating, and six issued a buy rating for the stock. Based on data from MarketBeat.com, Texas Capital Bancshares has a consensus rating of “Hold” and a consensus target price of $ 74.28.

(A d)

Experts predict that the global lithium market will grow by 500%. This is great news for investors because a “sure thing” like this pops up once in a lifetime. And this small-cap company has just taken over what could be one of the largest lithium deposits in the world.

Hedge funds have recently increased or reduced their holdings in the stock. FMR LLC increased its stake in Texas Capital Bancshares by 178,572.6% during the 1st quarter. FMR LLC now owns 150,085 shares of the bank valued at $ 8,194,000 after acquiring an additional 150,001 shares during the period. Thrivent Financial for Lutherans increased its position in Texas Capital Bancshares by 1.6% in the 1st quarter. Thrivent Financial for Lutherans now owns 13,418 shares of the bank valued at $ 952,000 after purchasing 207 additional shares during the period. Captrust Financial Advisors increased its stake in Texas Capital Bancshares by 1,149.3% during the first quarter. Captrust Financial Advisors now owns 1,799 shares of the bank valued at $ 128,000 after purchasing an additional 1,655 shares in the last quarter. Man Group plc acquired a new position in Texas Capital Bancshares during the first quarter valued at $ 514,000. Finally, Blackstone Group Inc. purchased a new position in Texas Capital Bancshares shares in the first quarter valued at $ 6,321,000. Institutional investors and hedge funds hold 94.65% of the company’s shares.

Texas Capital Bancshares Company Profile

Texas Capital Bancshares, Inc. is the holding company for Texas Capital Bank NA. It provides commercial banking services to clients in Texas and focuses on mid-market business ventures and successful professionals and entrepreneurs. The firm loan portfolio includes commercial loans, real estate loans, construction loans and letters of credit; business deposit products include commercial chequing accounts, safe deposit boxes, cash concentration accounts and other cash management services, including an online system; trust and wealth management services include investment management, personal trust and estate services, custodial services, retirement accounts and related services.

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Insider buys and sells by quarter for Texas Capital Bancshares (NASDAQ: TCBI)

This instant news alert was powered by narrative science technology and MarketBeat financial data to provide readers with the fastest, most accurate reports. This story was reviewed by the MarketBeat editorial team prior to publication. Please send any questions or comments about this story to [email protected]

Should you invest $ 1,000 in Texas Capital Bancshares right now?

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NBA notes low biosafety standards in government labs – the mast online https://6toros6.com/nba-notes-low-biosafety-standards-in-government-labs-the-mast-online/ Mon, 22 Nov 2021 12:07:48 +0000 https://6toros6.com/nba-notes-low-biosafety-standards-in-government-labs-the-mast-online/

The National Biosafety Authority (NBA) destroyed various food products containing genetically modified organisms seized from Shoprite stores worth 16,897K.

Meanwhile, the NBA noted that some of the government labs inspected have low biosafety standards.

Communications Officer Sandra Lombe said the NBA recently seized products that may contain genetically modified organisms (GMOs) from Shoprite supermarkets (valued at KK 16,897) and Melisa supermarket (in worth around 4000K) in Lusaka, which were put on the market without prior authorization from the authority.

Lombe said during its spot checks and compliance checks, the authority found that the two stores were marketing certain products, which may contain GMOs that were not assessed for safety before being placed on the market, violating thus to the law on biosafety.

She said the authority at Shoprite Cosmopolitan Mall seized various soup and snack products that may contain GMOs.

“These products were imported into the country and brought to market without NBA approval. Among the products are mini rice cakes in different flavors which included chutney, caramel, balsamic, cream cheese, yogurt, creamy cheddar and strawberries. Cooking soup powders included thick vegetables, brown onions, thick white onions, oxtail, mine stone, beef and vegetables, chicken soup and cream of mushroom ” , she said.

Lombe said dog food was also seized, including Vitagen and Pedigree from supermarket Melisa.

She said the products were seized on the spot because the store had not produced proof of NBA clearance at the time of the inspection.

Meanwhile, the Authority carried out inspections in Muchinga, in the Central and Northern provinces, and found that most of the products that may contain GMOs on the market were those that were authorized by the NBA.

Lombe said that on the Copperbelt, the authority carried out compliance checks for institutions that had obtained research permits and biotechnology laboratories for biosafety standards.

She said the check found that research activities and laboratories complied with the biosafety law.

“For example, the Center for Family Health Research in Zambia implements protocols according to defined goals and biosafety standards. While the Tropical Disease Research Center monitors and implements good biosafety standards in their laboratories, ”she said.

“The only challenge is the lack of registration of institutional biosafety committees (IBCs) by government institutions. IBCs provide oversight of biosafety and biotechnology related activities in laboratories and research sites.

She said the Authority also noted that some of the government laboratories inspected had low biosafety standards and advised them to improve and work on the cited non-compliances.

]]> Poultry: don’t panic – BR Research https://6toros6.com/poultry-dont-panic-br-research/ Mon, 22 Nov 2021 02:25:19 +0000 https://6toros6.com/poultry-dont-panic-br-research/

Poultry prices are on the rise again. According to the weekly SPI, national average broiler chicken prices rose 8.26% from the previous week to their highest level in six months. If the trend persists, the national average could once again cross the psychological barrier of Rs 300 per kg, which could cause a media backlash. If the experience of the past 18 months has taught anything, the administration should avoid any temptation to act or interfere, and let the market run its course.

The difference with the price increase this time is that it was not accompanied by a proportional increase in the price of day-old chicks (DOC). In fact, DOC prices are at their lowest level since August 2021 (after Eid ul Adha), when demand was further hampered by the short-term sickness period during the monsoon.

In fact, DOC prices may still appear higher than the long-term average. However, it should be remembered that the current price stability represents a very nascent recovery, after the high volatility observed during the pandemic which put many DOC farmers out of business and led to a shortage of parent birds.

Now that commercial demand has finally recovered – with permission to organize social gatherings of up to a thousand people in several cities – DOCs and broiler farmers are gradually seeing a semblance of profitability. Last year’s bad debt surplus and delayed collections mean market prices can stay high for some time before normalcy is fully restored.

Of course, in an ideal world, DOC prices should have collapsed after the full restoration of business activity (and stabilized at around Rs 40 per chick). However, things are still far from ideal days. Higher prices for imported grandparent birds – a consequence of both higher world prices and the depreciation of the currency – mean that the supply of chicks has not fully recovered so far. Any attempt to suppress prices at this point could sideline farmers, putting the market out of balance again.

But that still doesn’t explain the rise in broiler prices last week as DOC prices remained unchanged. The answer may lie in escalating variable costs, as the price of imported components in food has increased in terms of pak rupees due to the recent depreciation, even as soybean and corn prices have started to fall. standardize in global commodity markets.

A conversation with poultry farmers indicates that the cost per bird has reached Rs 200 – Rs 210, against Rs 235 in Lahore and Rs 240 in Karachi. It is important to stress that these figures are not independently verifiable; however, if they are correct, they do not represent an excessively abnormal operating margin.

Additionally, historical price charts show that broiler prices tend to level out at the end of the calendar year, with the December average price lower than the previous 11 month average for 4 out of 6 years. since 2015.

Either way, if prices move in a capricious way over the next few weeks, government officials should keep their horses and not react feverishly as they did in May 2021. Let the market make its own discovery. price. Don’t let the demons of 2020-21 haunt the industry in 2022.

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Eskom wants 20% more next year https://6toros6.com/eskom-wants-20-more-next-year/ Sun, 21 Nov 2021 22:01:54 +0000 https://6toros6.com/eskom-wants-20-more-next-year/

Energy regulator Nersa has presented four new options to Eskom to determine the tariffs it will be allowed to charge from April 1 next year, but the utility persists in its lawsuit to force Nersa to process your request using the existing pricing methodology.

Nersa previously rejected Eskom’s request, which Moneyweb learned was a 20% increase, as the existing pricing methodology lapsed.

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Eskom claims the current methodology has not expired, and Nersa’s own in-house legal adviser has also said that it only expires if Nersa replaces it with a new methodology – which it has not done.

Confusion

Instead, Nersa embarked on a confusing process of public participation on the proposed new principles underlying the methodology, or the new methodology, or the principles used in the application of the existing methodology, according to the statements. contradictory opinions of Nersa on which we rely.

Read:

Nersa offers complete overhaul of Eskom pricing
Dear Nersa, see you in court – Eskom
Nersa’s plan would see households paying a lot more, says Eskom

In this context, it is not clear how Eskom’s new tariffs will be determined.

Current tariffs expire at the end of March 2022, and in the absence of a legal determination before that date, Eskom may be unable to legally charge any tariff.

This would place the burden on the taxpayer to save Eskom to the tune of R300 billion.

If Nersa follows an alternative process that does not comply with legal requirements, the tariffs will be vulnerable to legal challenges.

The new tariffs must be tabled in parliament by March 15 of each year and must be finalized in time for municipalities to factor them into their budgets for the new fiscal year which begins on July 1.

Nersa’s four options

In a letter dated November 12 incorporated in its affidavit of response to the court, Nersa offered four different options to Eskom in determining its rates:

  1. Eskom and Nersa agree on the pricing principles, consult with the public and then determine a percentage increase by applying the agreed principles.
  2. Eskom and Nersa agree on a percentage increase and are consulting the public on this.
  3. Determine a percentage increase with Eskom as part of a court-ordered settlement instead of amounts owed to Eskom. According to Nersa, this could result in an increase of around 15% and will include around R59 billion “owed” to Eskom due to previous court orders resulting from Nersa’s failure to properly apply the pricing methodology.
  4. Use the three principles in consultation to determine the tariffs for generation, transmission, distribution and exchange.

The fourth option is the one Nersa prefers.

Its electricity subcommittee on Friday recommended that the regulator adopt the three principles – namely pricing per activity, differentiated costs according to the load profile and marginal pricing – but for implementation only after 2022 / 23.

Nersa also submitted to the court a proposed timetable for determining the tariffs.

“Completely unrealistic”

Eskom’s chief financial officer Calib Cassim, in an affidavit responding to Nersa’s proposals, says this timeline gives Eskom six weeks over Christmas to prepare a new claim under the new principles. Cassim says it’s completely unrealistic. The rejected application took a year to prepare.

It also does not allow at least 40 days to consult with the National Treasury and the Salga Association of Local Governments before submitting the request, as required by law.

The seven weeks it allows for Nersa’s internal processes as well as for public consultation are “several times more compressed than any time previously provided by Nersa,” says Cassim.

He points out that Nersa’s full-time regulator for electricity, Nhlanhla Gumede, in a November 12 public hearing on the principles apologized for the impression that it would be implemented in 2022 / ’23 .

It was the same day that Nersa filed his Affidavit of Response containing conflicting statements.

“Exuberance” on the three principles

“Although we may or may have, in our exuberance, may have communicated or discovered that this is what we are saying, but it never was because there are so many dependencies and political positions. that would need to be clarified before the principles that could be proposed can then be implemented, ”Gumede said during the public hearing.

Cassim accuses Nersa of having taken a “totally irresponsible approach to both this litigation and Eskom’s finances” by refusing to accept that the only practical way forward is to deal with the request for Eskom that she previously rejected and continue to defend her own position.

He says that Eskom has shown in his detailed response to the new principles proposed by Nersa that they are “neither technically sound, nor applicable, nor found in any other jurisdiction in the world”.

Cassim says that Eskom cannot update its application on the basis of “principles”. It needs clarity on the methodology against which it will be evaluated.

The Electricity Regulation Act provides that an efficient operator has the right to recover its efficiency cost and a reasonable margin on electricity tariffs.

David Mertens of the Association of South African Chambers (Asac) says the industry will ensure that Eskom only recovers cost effectively. He says Eskom’s request must be made public and stakeholders must be given sufficient opportunities to study and respond to it.

If that doesn’t happen, Asac is ready to challenge the tariffs, he says.

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Another accusation of electoral fraud erupts in the face of Republicans https://6toros6.com/another-accusation-of-electoral-fraud-erupts-in-the-face-of-republicans/ Sun, 21 Nov 2021 14:04:00 +0000 https://6toros6.com/another-accusation-of-electoral-fraud-erupts-in-the-face-of-republicans/ The Hartle mystery is now solved. And it turns out that the fraud was committed by a Republican.

Hartle was married to Las Vegas businessman Donald Kirk Hartle, a registered Republican. In November 2020, Hartle Recount Las Vegas 8 News Now (KLAS-TV) said he felt “in disbelief” when he discovered that a mail-in ballot had been submitted in his late wife’s name. It was “pretty sickening,” he said at the time, adding that he didn’t know how it could have happened.

But Hartle had actually voted himself.

Indeed. And this is not the first time that something like this has happened.

In November 2020, the Trump campaign Underline a case in which a ballot was cast in the name of a long-deceased Pennsylvania woman. His son later pleaded guilty to vote for Trump, saying, according to the Philadelphia Investigator, he had “listened to too much propaganda and made a stupid mistake”.

False or exaggerated claims

So there are a handful of confirmed cases in which ballots were indeed cast illegally on behalf of deceased people, and perhaps we could learn more over time. Earlier this year, the Nevada Secretary of State referred 10 “debatable” cases to the police for investigation.
But Trump vague statements that thousands of ballots cast on behalf of deceased people in various key states were completely unfounded; his massive numbers were purely fictitious. Some specific ballots that the Trump campaign claimed to be fraudulent, were quickly found to be legitimate ballots cast by living people with the same or similar names like deceased people.

And Republican voters were responsible for some of the small number of known crimes.

A local Republican official was the author of a case in Ohio, admitting forging a signature to vote under the name of his recently deceased father; he Recount NBC News was an “honest mistake” and also that he had simply “tried to fulfill the wishes of a dying man.”
In Colorado, a man who was charged in 2021 with the murder of his wife, who went missing in May 2020, was also charged with illegally voting for Trump in the November election. He reportedly told FBI agents that he submitted the ballot because he thought “all these other guys were cheating” and that his wife would have voted for Trump anyway.

In some of the confirmed cases, including Hartle’s, it is not publicly known for which presidential candidate the illegal vote was cast. Either way, there is no sign that the crime of voting under the name of a deceased person has occurred frequently enough to have tipped any state over to Biden, that this crime was. committed largely by Biden voters, or that the crime generally goes unnoticed. by the authorities.

“No one claims that there is never voter fraud. Numerous studies have examined the frequency of voter fraud, and it is extremely rare,” said Paul Gronke, professor of political science and director of the Reed College Election and Voting Information Center. “Voter impersonation fraud, which Mr. Hartle did when he forged his wife’s name, is even rarer.” Gronke said that while fraudulent voters can sometimes get through the verification systems if they are ready to commit a crime like Hartle did, “there is no evidence in this case that voter fraud occurs at a level which modifies the results of the elections “.

The Nevada Republican Party did not respond to a CNN request for comment on how it brought attention to the Hartle case in 2020.

Which is not surprising. When it comes to voter fraud, some of Trump’s allies have taken a distinctly Trumpian approach: launching sensational statements into the public domain before the real facts are known – and if embarrassing real facts do eventually emerge, just move on. next sensational statement, confident that the truth will never reach much of the Republican base.

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