Warning! I think this FTSE 100 share could fall 40% in 2021!

first_img I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. Roland Head | Sunday, 6th December, 2020 | More on: JET Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Enter Your Email Address Lockdown living has meant that it’s been a brilliant year for food delivery services. One of the biggest players in this market is FTSE 100 share Just Eat Takeaway.com (LSE: JET).Just Eat Takeaway’s revenue rose by 44% to €1bn during the first half of the year. Restaurant numbers rose by 32% and the value of food ordered on the platform climbed 42% to €5.7bn.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…The shares performed well too. At least they did until the start of November. Since good news on vaccines caused the stock market to surge higher, JET’s share price has fallen by about 15%. Unfortunately, I think these shares could have further to fall.What I like about JETDespite my concerns, I think there’s a lot to like about Just Eat Takeaway. It’s one of the biggest operators in this sector, with a strong brand and growing economies of scale. Unlike some rival delivery operators, JET is expected to report an after-tax profit for 2020.The company has become a FTSE 100 share by buying up rival operators in its markets, with the aim of becoming the dominant brand. The acquisition of Takeaway.com earlier this year was the biggest deal yet, but JET is also in the process of acquiring US-listed Grubhub. This deal was valued at $7.3bn when it was agreed in June.JET’s management is currently increasing its marketing spend in countries where the firm doesn’t yet have control of the market. One example of this is the UK — rumour has it that rapper Snoop Dogg was paid £5m for the television ad campaign that’s run this autumn. I expect positive results.Why I think this FTSE 100 share will fallI think it’s fair to say that the pandemic has created the most perfect market conditions anyone could imagine for food delivery. In most of JET’s main markets, restaurants and bars were closed for extended periods. At the same time, millions of people were stuck at home, often while still receiving their normal pay.Performance this year reflects this unusual situation. The company has seen order numbers rise by 37% this year, from 298.4m to 408.3m. JET has also continued to expand. In the UK, for example, new partnerships with McDonald’s and Greggs have added a total of 1,100 new restaurants.However, we’ve already seen during the summer how people are quick to return to restaurants and pubs as soon as they reopen. I’m not sure that the impressive growth rate seen this year will be sustained.An expensive takeawayI think this is a good business in a sector that will keep on growing. But Just Eat Takeaway shares already trade on around 100 times 2021 forecast earnings.Even for a small growth stock, that would be a demanding valuation. But smaller companies can generally grow faster. Just Eat Takeaway is already a FTSE 100 share with a £12bn valuation. How much bigger will it get?If the firm’s earnings doubled again from 2021 forecast levels, JET would still trade on 50 times earnings. I think that’s probably where the shares should be today. But for JET’s valuation to fall to that level, its share price would have to fall by more than 40%.In my view, the risks of investing in JET today are greater than the potential rewards. For this reason, I’m not buying the shares. Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. Warning! I think this FTSE 100 share could fall 40% in 2021! Roland Head has no position in any of the shares mentioned. The Motley Fool UK has recommended Just Eat Takeaway.com N.V. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors.center_img Simply click below to discover how you can take advantage of this. Our 6 ‘Best Buys Now’ Shares Image source: Getty Images “This Stock Could Be Like Buying Amazon in 1997” I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. See all posts by Roland Headlast_img read more

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Welby joins world faith leaders in pledge to end slavery

first_img Rector Albany, NY Press Release Service Curate Diocese of Nebraska Archbishop of Canterbury Justin Welby signs the declaration by world faith leaders to end modern slavery by 2020, Rome, Dec. 2, 2014.[Anglican Communion News Service] The Archbishop of Canterbury, Justin Welby, joined world Christian, Muslim, Hindu, Buddhist and Jewish leaders in Rome today to sign a historic declaration to end modern slavery.The ground-breaking Global Freedom Network – which launched with backing from Archbishop Justin and Pope Francis in March 2014 [link] – brings together faith leaders in a commitment to eradicate modern slavery by 2020 throughout our world and for all time.The Joint Declaration of Religious Leaders against Modern Slavery signed today underlines that modern slavery – in terms of human trafficking, forced labour and prostitution, organ trafficking, and any relationship that fails to respect the fundamental conviction that all people are equal and have the same freedom and dignity – is a crime against humanity, and must be recognised as such by everyone and by all nations.The faith leaders affirmed their common commitment to inspiring spiritual and practical action by all faiths and people of goodwill everywhere to eradicate modern slavery.In an address before the signing, Archbishop Justin described today’s declaration as “a profoundly significant moment”.The leaders had gathered to “affirm a deep shared commitment for the liberation of those humiliated, abused and enslaved by their fellow-human beings,” he said.“There are already close and trusting relationships between us as faith leaders. Our task now is to make these relationships work effectively for the well-being of all people.”Archbishop Justin said faith leaders can make sure that every worshiping community knows about modern slavery and is ready to work to prevent and end such abuses.“As we make this solemn commitment today, my prayer is that we shall by God’s grace play a key role in ending the inhuman practices of modern slavery – practices that disfigure our world and obscure the image of God in men, women and children. We have the will, we have the common purpose, this can be done; may God bless our action together,” he said.Read the Declaration:We, the undersigned, are gathered here today for a historic initiative to inspire spiritual and practical action by all global faiths and people of good will everywhere to eradicate modern slavery across the world by 2020 and for all time.In the eyes of God*, each human being is a free person, whether girl, boy, woman or man, and is destined to exist for the good of all in equality and fraternity. Modern slavery, in terms of human trafficking, forced labour and prostitution, organ trafficking, and any relationship that fails to respect the fundamental conviction that all people are equal and have the same freedom and dignity, is a crime against humanity.We pledge ourselves here today to do all in our power, within our faith communities and beyond, to work together for the freedom of all those who are enslaved and trafficked so that their future may be restored. Today we have the opportunity, awareness, wisdom, innovation and technology to achieve this human and moral imperative.*The Grand Imam of Al Azhar uses the word “religions”.The signatories:• Roman Catholic: Pope Francis• Hindu: Her Holiness Mata Amritanandamayi (Amma)• Buddhist: Zen Master Thich Nhat Hanh (Thay) (represented by Venerable Bhikkhuni Thich Nu Chan Khong)• Buddhist: The Most Ven. Datuk K Sri Dhammaratana, Chief High Priest of Malaysia• Jewish: Rabbi Dr. Abraham Skorka• Jewish: Chief Rabbi David Rosen, KSG, CBE• Orthodox: His All-Holiness Ecumenical Patriarch Bartholomew (represented by His Eminence Metropolitan Emmanuel of France)• Muslim: Mohamed Ahmed El-Tayeb, Grand Imam of Al-Azhar (represented by Dr. Abbas Abdalla Abbas Soliman, Undersecretary of State of Al Azhar Alsharif)• Muslim: Grand Ayatollah Mohammad Taqi al-Modarresi• Muslim: Grand Ayatollah Sheikh Basheer Hussain al Najafi (represented by Sheikh Naziyah Razzaq Jaafar, Special advisor of Grand Ayatollah)• Muslim: Sheikh Omar Abboud• Anglican: Most Revd and Right Hon Justin Welby, Archbishop of Canterbury Ya no son extranjeros: Un diálogo acerca de inmigración Una conversación de Zoom June 22 @ 7 p.m. ET Anglican Communion, Course Director Jerusalem, Israel Inaugural Diocesan Feast Day Celebrating Juneteenth San Francisco, CA (and livestream) June 19 @ 2 p.m. PT Priest-in-Charge Lebanon, OH Seminary of the Southwest announces appointment of two new full time faculty members Seminary of the Southwest Posted Dec 3, 2014 Rector Tampa, FL Rector and Chaplain Eugene, OR Rector Bath, NC An Evening with Aliya Cycon Playing the Oud: Crossing continents and cultures with the most beautiful instrument you’ve never heard Lancaster, PA (and streaming online) July 3 Rector Smithfield, NC Virtual Celebration of the Jerusalem Princess Basma Center Zoom Conversation June 19 @ 12 p.m. ET Featured Events Director of Administration & Finance Atlanta, GA Associate Rector Columbus, GA Rector Shreveport, LA Rector Knoxville, TN New Berrigan Book With Episcopal Roots Cascade Books Associate Priest for Pastoral Care New York, NY Assistant/Associate Rector Washington, DC TryTank Experimental Lab and York St. John University of England Launch Survey to Study the Impact of Covid-19 on the Episcopal Church TryTank Experimental Lab Rector Belleville, IL Curate (Associate & Priest-in-Charge) Traverse City, MI Rector Pittsburgh, PA Welby joins world faith leaders in pledge to end slavery Join the Episcopal Diocese of Texas in Celebrating the Pauli Murray Feast Online Worship Service June 27 Youth Minister Lorton, VA Assistant/Associate Priest Scottsdale, AZ center_img Episcopal Charities of the Diocese of New York Hires Reverend Kevin W. VanHook, II as Executive Director Episcopal Charities of the Diocese of New York The Church Pension Fund Invests $20 Million in Impact Investment Fund Designed to Preserve Workforce Housing Communities Nationwide Church Pension Group Episcopal Migration Ministries’ Virtual Prayer Vigil for World Refugee Day Facebook Live Prayer Vigil June 20 @ 7 p.m. ET Rector Martinsville, VA Episcopal Church releases new prayer book translations into Spanish and French, solicits feedback Episcopal Church Office of Public Affairs Missioner for Disaster Resilience Sacramento, CA Cathedral Dean Boise, ID Submit an Event Listing Director of Music Morristown, NJ Archbishop of Canterbury Rector Hopkinsville, KY Associate Rector for Family Ministries Anchorage, AK Family Ministry Coordinator Baton Rouge, LA Submit a Press Release In-person Retreat: Thanksgiving Trinity Retreat Center (West Cornwall, CT) Nov. 24-28 An Evening with Presiding Bishop Curry and Iconographer Kelly Latimore Episcopal Migration Ministries via Zoom June 23 @ 6 p.m. ET Rector Collierville, TN AddThis Sharing ButtonsShare to PrintFriendlyPrintFriendlyShare to FacebookFacebookShare to TwitterTwitterShare to EmailEmailShare to MoreAddThis Canon for Family Ministry Jackson, MS Rector Washington, DC Rector/Priest in Charge (PT) Lisbon, ME Remember Holy Land Christians on Jerusalem Sunday, June 20 American Friends of the Episcopal Diocese of Jerusalem The Church Investment Group Commends the Taskforce on the Theology of Money on its report, The Theology of Money and Investing as Doing Theology Church Investment Group Submit a Job Listing This Summer’s Anti-Racism Training Online Course (Diocese of New Jersey) June 18-July 16 Rector (FT or PT) Indian River, MI Featured Jobs & Calls Tags Bishop Diocesan Springfield, IL Priest Associate or Director of Adult Ministries Greenville, SC Assistant/Associate Rector Morristown, NJ last_img read more

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Buddy’s House / Sergey Makhno

first_img 2014 Photographs ArchDaily ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/612834/buddy-s-house-sergey-makhno Clipboard Houses Buddy’s House / Sergey MakhnoSave this projectSaveBuddy’s House / Sergey Makhno photographs:  Andrey AvdeenkoPhotographs:  Andrey Avdeenko Save this picture!© Andrey AvdeenkoText description provided by the architects. The owners of the house supported Sergey’s idea and decided to do some trailblazing experiments. Interaction of external and internal parts is of highly important in this project. The distinction between them is eliminated due to a large-scale vitrescence of public zone and owners’ bedroom located on the second floor. Arcitects aimed to bring the nature into the interior and even used it in exterior.Save this picture!© Andrey AvdeenkoOn the house façade we can see decorative wall made from natural oak that creates a contrast with the help of a deep dark tone of the main surfaces. Contrast has become one of the leading themes in design. It is clearly seen in a subtle play of thick and fragile forms, heavy and light elements, black brick and light-toned cement blocks, textured and smooth surfaces. With the help of contrasting we aimed to achieve the unity of forms and nature. In the courtyard we see a lot of open space, cozy porch ,and house full of light and air. There is an additional functional building near that can be used as a lounge, barbeque zone, shed for a car and housekeeping area.Save this picture!Section The interior is very temperate and simple. Nevertheless it combines several practical concepts indistinguishable at first sight. For instance, the tabletop is made of quarzite­, a strong and extremely durable material. The fireplace is equally important, since it is there not just for decoration, but also for heating the entire ground floor. Guest zone is completed as a functional group consisting of the kitchen island, dining room, living room and a large library with 6 m ceiling. Besides, there is a guest bedroom, wardrobe, and bathroom on the ground floor. By light wooden stairs you can reach the first floor. There are 3 bedrooms, 2 ensuites and 2 wardrobes, and a bathroom, which is separated from the bedroom by glass partitions. In the day-time the double-stored library and child’s room are illuminated by the sun coming from light tubes in the ceiling. In the evening the lighting mode can be chosen according to the mood: bright and basic or soft and decorative. Windows all over the house are as big as possible. It was one of the main owner’s requests.   The paintigs complete the general calm vibe.Save this picture!© Andrey AvdeenkoFurniture is bespoke, made by Ukrainian craftsmen. There are also some custom-designed elements from Ligne Roset, Lema, and Leolux. In addition, Buddy’s House is home to a number of decorative objects from MDECOR, Sergey Makhno’s object design boutique, such as steel hanger at the ground floor, Book table, Bells lamps, Invariants vases, and others. All these things are placed into a unique modern space where simplicity, coziness and harmony prevail.Save this picture!© Andrey AvdeenkoProject gallerySee allShow lessRehabilitation of Two Houses in Largo do Trovador / Pitagoras GroupSelected ProjectsColors / CUBO Design ArchitectSelected Projects Share CopyHouses•Horenychi, Ukraine Ukraine “COPY” Projects Architects: Sergey Makhno Architects Area Area of this architecture project Area:  235 m² Area:  235 m² Year Completion year of this architecture project Year:  ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/612834/buddy-s-house-sergey-makhno Clipboard Year:  2014 Save this picture!© Andrey Avdeenko+ 22 Share Buddy’s House / Sergey Makhno “COPY” CopyAbout this officeSergey MakhnoOfficeFollowProductsWoodGlassConcrete#TagsProjectsBuilt ProjectsSelected ProjectsResidential ArchitectureHousesHorenychiHousesUkrainePublished on April 04, 2015Cite: “Buddy’s House / Sergey Makhno” 04 Apr 2015. ArchDaily. Accessed 11 Jun 2021. ISSN 0719-8884Read commentsBrowse the CatalogSinkshansgroheBathroom Mixers – FocusGlass3MInterior Finishes at U.S. Bank StadiumPartitionsSkyfoldMarkerboard Finish for Folding WallsFiber Cements / CementsSwisspearlFiber Cement Cladding Panels in B66 Business CenterMembranesEffisusFaçade Protection – Breather+Metal PanelsSculptformClick-on Battens in WestConnex M8 JunctionPanels / Prefabricated AssembliesBruagBack-Ventilated Facades – CELLONTiles / Mosaic / GresiteMargresPorcelain Tiles – Linea CosmosGlassDip-TechCeramic Printing for Public TransportationAcousticSchöckStaircase Insulation – Tronsole®Porcelain StonewareApavisaSlabs – Wild ForestBulbs / SpotsAmbiance LumiereLighting – ZetaMore products »Read commentsSave世界上最受欢迎的建筑网站现已推出你的母语版本!想浏览ArchDaily中国吗?是否翻译成中文现有为你所在地区特制的网站?想浏览ArchDaily中国吗?Take me there »✖You’ve started following your first account!Did you know?You’ll now receive updates based on what you follow! Personalize your stream and start following your favorite authors, offices and users.Go to my streamlast_img read more

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Cookstown arrest linked to firing of shots over coffin in Strabane last year

first_img 75 positive cases of Covid confirmed in North News WhatsApp Twitter Cookstown arrest linked to firing of shots over coffin in Strabane last year Pinterest Pinterest Facebook A 38-year-old man arrested in Cookstown, County Tyrone last week has been charged with terrorism offences.The man is facing a number of firearm and terrorism offences believed to be linked to a republican show of strength before the funeral of Dissident Republican John Brady in Strabane last October. 365 additional cases of Covid-19 in Republic Google+ WhatsAppcenter_img Google+ Further drop in people receiving PUP in Donegal By News Highland – June 6, 2010 Main Evening News, Sport and Obituaries Tuesday May 25th Man arrested on suspicion of drugs and criminal property offences in Derry Facebook Previous articleRamsey condemns Derry arson attacksNext articleKickboxing – McCarron Wins European Title News Highland RELATED ARTICLESMORE FROM AUTHOR Twitter Gardai continue to investigate Kilmacrennan firelast_img read more

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Kerala HC Reserves Judgment On Pleas Seeking To Quash CBI FIR In LIFE Mission Case

first_imgNews UpdatesKerala HC Reserves Judgment On Pleas Seeking To Quash CBI FIR In LIFE Mission Case LIVELAW NEWS NETWORK8 Oct 2020 5:10 AMShare This – xThe High Court of Kerala on Thursday reserved orders on petitions filed by the Chief Executive Officer(CEO) of LIFE Mission Project of Kerala Government and the Managing Director of Unitac Builders Ltd to quash the FIR registered by the Central Bureau of Investigation (CBI) alleging violations of the Foreign Contributions Regulation Act (FCRA) with respect to the contributions received…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?LoginThe High Court of Kerala on Thursday reserved orders on petitions filed by the Chief Executive Officer(CEO) of LIFE Mission Project of Kerala Government and the Managing Director of Unitac Builders Ltd to quash the FIR registered by the Central Bureau of Investigation (CBI) alleging violations of the Foreign Contributions Regulation Act (FCRA) with respect to the contributions received from the United Arab Emirates (UAE) for the construction of apartments for flood victims.A single bench of Justice V G Arun reserved orders in the matter after hearing Senior Advocate K V Viswanathan (for LIFE Mission CEO), Advocate K. N Abhilash (for Unitac), Advocate Gangesh K. B (for Congress MLA Anil Akkara, the complainant) and Sasthamangalam S. Ajith Kumar, Standing Counsel for the CBI.Submissions of LIFE MissionThe prime argument of Senior Advocate Viswanathan was that FCRA was not attracted to the allegations.  LIFE Mission is not covered under Section 3 of the Act, which specifies the persons and entities prohibited from accepting foreign contributions. State governments, government agencies, statutory bodies and entities subject to CAG audit are exempted from FCRA as per the notifications of the Government of India.To highlight the objectives of the FCRA, he referred to the Supreme Court judgment in Indian Social Action Forum (INSAF) v Union of India.”It is clear that preventing foreign contribution into the political arena is the object sought to be achieved by the Act…such of those voluntary organisations which have absolutely no connection with either party politics or active politics cannot be denied access to foreign contributions”, he quoted from the INSAF judgment.He submitted that there was no direct foreign contribution to the LIFE Mission. The agreement was between UAE Red Crescent and the builder Unitac Builders Ltd. As per the MoU between LIFE Mission and UAE Red Crescent, it is the latter which identifies the project proponent for the construction of homes for the rehabilitation of flood victims. The Government only gives the land.Unitac is entitled to raise bills and receive consideration for its contractual services. Such receipts do not come under the defintion of “foreign contribution” under Section 2(h) of the Act. Explanation 3 of Section 2(h) excludes the amount received by any person from a foreign source by way of fee or towards cost in lieu of goods and services rendered in the ordinary course of business.If the principal accused is not coming under FCRA, LIFE Mission can in no way be subjected to FCRA.He stressed that the FIR was an abuse of process of law initiated out of political considerations. The FIR will destabilize the humanitarian efforts of the government and will stigmatize the officials. He also pointed out that in respect of allegations of corruption, the Vigilance Bureau has already initiated an investigation. The CBI FIR, registered in haste on the complaint of Congress MLA Anil Akkara, is mala fide and unsustainable.Advocate K. N Abhilash, appearing for Santhosh Eappen, the MD of Unitac, submitted that he has been dragged into the case to settle political rivalries. Unitac received the offer after a tender by Red Crescent.The receipts are exempted under Section 4 of the Act as contributions accepted “as agent of foreign source in relation to any transaction made by such foreign source with the State Government”.Submissions of Anil Akkara, Congress MLAAdvocate Gangesh, appearing for the complainant, Anil Akkara, submitted that the agreement of Unitac is with the Consulate General of the UAE. There is no authorization for the Consulate General to represent Red Crescent. But the funds came from Red Crescent.The agreement says that the money is for “services rendered” and not for “services to be rendered”. So advance payment cannot be made.He further contended that though the agreement was with “Unitac Builders & Developers Ltd”, funds were given to “M/s Unitac Energy Solutions Pvt Ltd”.Section 3(c) of FCRA says no foreign contributions should be received by “any other body controlled or owned by the government”. The amounts were received on behalf of LIFE Mission. The amounts were received on behalf of LIFE Mission. They are not saved by Explanation 3 of Section 2(h) of the FCRA.CBI’s submissions.The Standing Counsel for the CBI termed the deal “underbelly transactions” and said that the MoU was an “eye wash”.Referring to the statement of Santosh Eapen recorded by the CBI, he submitted that Unitac had discussions with Swapna Suresh, Sandeep and Sarit – who are now under custody in the gold smuggling case – to obtain the LIFE Mission deal.To get the project, commission was paid to them. Swapna told Unitac MD that it was a government project financed by UAE Govt and assured him that all govt approvals will be arranged by her. She demanded commission of 30% – 20% for UAE Consular General and 10% for her.It is wrong to say that Unitac got the contract after a tender process. They got it through Swapna Suresh and other accused smugglers after agreeing to pay commission to them.As per the original plan, 203 units were to be constructed. Santhosh Eapen wanted it to be reduced as 100 so that he can pay the kickbacks. After negotiations with govt officials, the number of units was increased to 140. After that, Santhosh Eapen told Swapna that he was reducing the commission as 26% (20% for UAE consulate general and 6% for Swapna) so as to make up for the increase of apartments.The Standing Counsel further submitted that M Sivsankar, the former Secretary to the Chief Minister’s Office, was also actively involved in the discussions.”How can they say it is on the basis of tender? This is a game. A very intelligent game”, he remarked.”Our preliminary investigation has revealed that money came from the UAE consulate and not from Red Crescent”, he added.As regards the competence of the CBI, he submitted that the Central Government has notified CBI as the authority to investigate FCRA offences. The Kerala Government has also notified in 2017 that the CBI can investigate FCRA offences. Further, in 1989, the Government of Kerala had notified that CBI had sanction to investigate corruption allegations against government officials.He submitted that the investigation could even reveal corruption and kickbacks received by the government officials, and in such an event, the CBI will register offences under the Prevention of Corruption Act as well.”The facts of the case clinchingly point out that there is a conspiracy to flinch the money intended for poor people. If we find out kickbacks given to govt officials, we will come with Prevention of Corruption Act as well”, he said.”If the statements of Santosh Eapen (Unitac MD) are taken into account, they show allegations of criminal misconduct against the former Secretary of CMO. So CBI definitely has the power to investigate”, CBI’s counsel submitted.To a query posed by Justice Arun as to how LIFE Mission was linked to the case, the CBI counsel submitted that it was premature to comment about the involvement of the CEO.”It is too early to say if the CEO will be an accused or a witness. The investigation is in the embryonic stage”, he submitted. In rejoinder, Viswanathan, referring to Akkara’s lawyer’s submission on Section 3(c), said that the provision talks of “employees of any body controlled or owned by govt” and “body controlled or owned by govt” cannot be read disjunctively, as attempted by the complainant’s counsel.Viswanathan stressed that CBI cannot investigate into corruption allegations without a sanction from the State Government. When a vigilance enquiry is underway, the CBI needs specific sanction, and the general sanction order cannot come to its aid in such a scenario.The CBI FIR was a mockery of the Delhi Special Police Establishment Act and the List II of the Seventh Schedule of the Constitution.”Those who are not intended by the Act to be covered cannot be roped in by stretching the provisions of the Act (FCRA). That would be an abuse of process”, he submitted.”The FIR is a device, a subterfuge to clutch jurisdiction which CBI does not have. Are we to mock at Section 6 of DSPE Act? Are we to mock at List II of Seventh Schedule?”, he asked. Before concluding, Viswanathan urged Justice Arun to keep in mind one “overarching aspect” of the case – that the entire contributions came through proper banking channels.Unitac’s lawyer submitted during the rejoinder that at the relevant time, the affairs of UAE consulate were under the control of Swapna Suresh and Sarith. So, his client had to interact with them. LIFE(Livelihood, Inclusion and Financial Empowerment) Mission’ is a housing project mooted by the Kerala Government for the benefit of the homeless.The issue relates to the project for the construction of 140 housing units in Wadakkanchery in Thrissur district. As per the application filed by the CEO in the HC, in 2019, the ‘Red Crescent Authority’ of the United Arab Emirates offered to sponsor the project and accordingly, a Memorandum of Understanding was entered into that year itself. As per the MoU, the sponsor was to execute the project through independent contractors.Alleging that foreign contributions to the tune of 10 Lakh Arab Emirates Dirham were transferred to the private contractors – Unitac Ltd and Sane Ventures – in violation of FCRA norms, a legislator belonging to the Congress party, Anil Akkara, filed a complaint before the CBI on September 20.After four days, the CBI registered the FIR under Section 35 read with Section 3 of the FCRA and Section 120B of the Indian Penal Code arraying the Managing Directors of Unitac and Sane Ventures as accused numbers 1 and 2 respectively.As the third accused, the FIR mentioned “unknown public servants/private citizens”.     Next Storylast_img read more

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Black Lives Matter Oxford faces antisemitism concerns

first_imgSpeaking to Cherwell, Councillor Alexandrine Kántor said: “I do not think they have an issue with antisemitism, it was a case of not being aware and they have learnt from it and took action on their staff members to ensure this does not happen again.” On June 27th, Black Lives Matter Oxford, an independent organisation showing solidarity with the Black Lives Matter movement, posted a mural by graffiti artist Mear One which has been described as “combin[ing] a variety of antisemitic slurs” by the Jewish Chronicle. The mural was posted as a cover photo for the event ‘Freedom Summer BLM’, a solidarity march to be hosted on Saturday.  The Campaign Against Antisemitism, a major UK Jewish watchdog, has heavily criticised this tweet. The watchdog stated: “Black Lives Matter should aspire to be a movement against racism that unifies people and achieves lasting change, not a movement that spreads hatred and achieves lasting division.” The Jewish Chronicle, an influential Jewish newspaper, wrote in 2018 about the mural: “The overall message is a classic conspiracy theory. […] Antisemitism has always had a left-wing version that fingered Jewish capitalists as the enemy of the good. Saying rich Jews are a class enemy is no less vile than saying they are a racial one.” Black Lives Matter Oxford has been contacted for comment.  “We will use this time to learn from their mistakes and ensure every person who attends our events feels safe. We stand resolutely against antisemitism, and see our struggles for liberation as interconnected.” In July 2018, Oxford City Council agreed to adopt the IHRA definition of antisemitism which includes “making mendacious, dehumanizing, demonizing, or stereotypical allegations about Jews as such or […] Jews controlling the media, economy, government or other societal institutions”. The mural in question, titled ‘Freedom for Humanity’, depicts six men in suits under an Eye of Providence, playing a Monopoly-like board game that rests on the backs of naked, predominantly dark-skinned figures. The artist Mear One has confirmed that “the banker group is made up of Jewish and white Anglos”. On his Facebook page, he further stated: “For some reason they are saying I am antisemitic. This I am most definitely not… What I am against is class.”  Black Lives Matter Oxford have also apologised for retweeting the Black Lives Matter UK statement regarding Palestine, saying: “We would like to state we are extremely upset and sorry concerning the retweet made by an unauthorised individual who was not given permission nor had cleared the action with us. The views implied do not represent us and we are working to ensure that this never occurs again.” The statement reads: “We understand that recently an antisemitic image was used on one of our events. This is deeply concerning and the person who used the image is deeply sorry. We absolutely do not condone the image used and have since removed it.”  CW: antisemitism, Racism Shortly after, Alexandrine Kántor, a South Oxfordshire Liberal Democrat Councillor, posted on Twitter: “The Oxford #BlackLivesMatter seems to think antisemitism is a [sic] acceptable way to fight racism. How disappointing. You don’t fight racism with racism.” On Facebook, the councillor asked Black Lives Matter Oxford to remove the picture, saying she would otherwise report the group for racism. “Mistakes can happen and become opportunities to learn and educate ourselves. It is quite rare to receive an honest and meaningful apology, as well as actions to ensure this won’t happen again. Apologies appreciated and accepted, but this is not about me […]. I am an ally, I am very glad about their public statement. UK BLM should learn from them.” Black Lives Matter Oxford has replaced the mural photo on Facebook and published a formal apology on their Twitter account. The group Black Lives Matter Oxford has been accused of antisemitism after posting a widely criticised mural as a cover photo for a Facebook event on Saturday. The photo gained attention following a tweet by South Oxfordshire Liberal Democrat councillor Alexandrine Kántor. Over the past weeks, Black Lives Matter UK has repeatedly faced concerns regarding antisemitic elements in the organisation.  Source: Twitter (@Alexa_Kantor) Following posting this image on Facebook, Black Lives Matter Oxford retweeted a statement on Sunday from the organisation Black Lives Matter UK, which described “mainstream British politics [as] gagged of the right to critique Zionism”. The tweet has been widely condemned as antisemitic. The article was published when Jeremy Corbyn, Labour leader at the time, was heavily criticised for his reaction to the mural on social media during his time as a backbencher. He has since publicly stated his regret for his actions and described the contents of the mural as “deeply disturbing and antisemitic”. Adam Bernstein, President of Oxford JSoc, told Cherwell: “We were disappointed to see it posted but pleased to see it taken down almost immediately. Oxford Jsoc remains determined to stand up to antisemitism and anti-black racism.” Background photo by Bablu Miah/ Flickr. Mural by Mear One.last_img read more

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Perseverance in the face of adversity

first_imgDear Editor:A revolution is quietly taking place in England. An American, divorced, Catholic has captured the heart of Prince Harry. Will English subjects be so easily enamored? Only time will tell. Regards,Renee Wallacelast_img

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Quote of the week

first_imgWhenever a Pepsi is purchased, our consu-mers will be led on a journey of discovery – Bruno Gruwez, marketing director of Pepsi Beverages UK on the wonders ofdrinking his sparkling cola brandlast_img

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Speech: Security Council stands behind Special Envoy on Yemen

first_imgThank you very much Madam President. Thank you for convening this session which we appreciate very much. It was very good to be able to hear from the Special Envoy. We appreciate the efforts he’s made. We share his disappointment at the fact that the talks did not go ahead as planned but it was good to hear that the consultations he did manage to hold yielded some positive outcomes. I think among those was the inclusivity point that you mentioned Martin, particularly the presence of the women. I think that’s excellent.But I do urge all sides including the Houthis to get behind the process that the Special Envoy is leading, to invest in confidence-building measures and engage in future consultations in good faith. This is bound to require flexibility from all sides but we all know and we’ve said many times there’s no alternative to a political solution. We do support you. We’d like to continue to support you to the hilt. We can offer Council members some press elements if that would be welcome as a way of expressing that the Council stands behind you at this time as you try and bring all the parties back together.I think what you said about the economy of Yemen just gives added urgency to an already desperate situation. So I hope we can all build on that.Thank you Madam President.last_img read more

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Student conference attracts greater participation

first_imgLesley Foottit reports from the Alliance for Bakery Students and Trainees’ (ABST’s) annual conference 2014, which saw the AGM, prizes awarded and plenty of opportunities for students to network with industry professionals.The AGMThe Alliance for Bakery Students and Trainees (ABST) celebrated its 84th annual conference at Alton Towers over the weekend as it welcomed new members and planned more international representation.Newcastle College, Cooplands trainees and Reaseheath College in Cheshire joined the organisation this year, with numbers up 15% year-on-year. Members now comprise 305 students and trainees across 16 training providers, compared with 219 from 13 providers in 2013.Outgoing president Ian Dobbie passed the chains to president elect Neil Woods, who will take the seat for the coming year, while Zeelandia managing director David Amos is the new president elect.A year-long strategic review has started to “check the organisation is going in the right direction”. Almost 300 members gathered at Alton Towers to spend the weekend among peers.Dobbie said: “We now have wider representation of colleges and I have thoroughly enjoyed my very worthwhile experience as president. I am pleased to see ABST working more closely with the Craft Bakers’ Association – organisations work better when joined up together.”International reachGeneral secretary for the ABST Matthew May said: “I think an international influence will always be a good thing, because the students can learn from others. I want the students to meet people in the industry and gain an impartial view to make decisions about where they want to go in their careers. This is the only real opportunity for industry and students to meet and build relationships.Award winnersCompetition entries were up by more than 200 year-on-year, with 30 judges on hand to pick the winners from more than 3,000 entered products. Four live competitions ran across four categories: royal icing; bread modelling; marzipan modelling; and cookies. In total, 27 awards were given out including in a new sourdough category.The Founders Cup team award was won by University College Birmingham (UCB), the Horton trophy went to Harry Barber of UCB and the President’s Cup went to Michael Denton of newcomer member Cooplands.As the winner, Denton will help make rolls to be served at the Baking Industry Awards 2014 at the Park Lane Hilton, London in September. See below for all the winners and click here for details of the runners-up.The winners: The Bakery Trainee Challenge TrophyMica Cook, Blackpool & the Fylde CollegeThe Horton TrophyHarry Barber, UCBThe Founders Cup – team competitionDecorated Battenburg – Danielle Brennan, UCBScones – Rohima MalikPuff pastry – Harry BarberBloomer – Nathan HarrisonOther Section WinnersDecorated Battenburg – Matthew Griffith, NPTCScones – Emily Woodhouse, NPTCThe President’s Cup – Combined ClassMichael Denton, CooplandsThe Novice’s Cup – Combined ClassHarry Barber, UCBBest Swiss Roll Harry Barber, UCBBest Bread William Bowen, UCBThe Blandy CupElizabeth Parkinson, NPTCThe Celebration Cupcake ChallengeKieron Murphy, LeedsThe Renshaw Decorative Class – Regal-ice Birthday CakeJustine Talbot, BrooklandsCarved Novelty Cake Class (Frank Webster Trophy)Kayleigh Holden, Blackpool & the Fylde CollegeThe Goldex Cup – Floral Sugar CraftCarlene Bagot, BrooklandsThe Devon Rose Bowl – Lightly fruited cakeCaroline Crudden, DITCallebaut ChocolatesRebecca Hole, London South Bank UniversityThe British Confectioner’s Award – Best Overall Confectionery ItemElizabeth Parkinson Blandy, NPTCThe Masters Cup – Coburg, Wholemeal Tin & 4 strand PlaitMary Graham, Blackpool & the Fylde College (all three)The British Society Of Baking Trophy – 800g White Tin LoafCaroline Mellor, Sheffield CollegeThe Sourdough Challenge Trophy – Pain au LevainFillippo Salvaggio, Tameside CollegeThe Warburtons Challenge Trophy – Fruit LoafCharlotte Heappey, UCBThe Mandy Wansell Trophy – 4 Danish PastriesRachel Kippax, Sheffield CollegeThe Masters Award – Best Overall Fermented Item Natalie Wood, BlackpoolThe British Bakels Award – 4 Healthy Eating Muffins/Cereal BarsKieron Murphy, LeedsThe Innovation Trophy – One fermented productCharlotte Donelly, UCB3D – Dough Art DisplayDylan Carroll, LimerickThe Victory Challenge Trophy – 6 Decorated Biscuits – LiveAmanda Brooks, Tameside CollegeThe IBB Live Piping – Royal IcingElizabeth Parkinson, NPTCMarzipan Modelling – 3 Models – LiveKayleigh Holden, Blackpool & the Fylde CollegeThe Wrights Trophy – Dead dough display piece – LiveMatthew Haynes, London South Bank UniversityLob the cobThe famous lobbing of the cob took place again on the Saturday before prizes were awarded. The winning shot is below.Next yearThe conference has been held at Alton Towers for seven years, due to popular demand and despite rising costs. Drayton Manor Park was mooted as another option for next year, but students unanimously voted for a repeat in Staffordshire and on either the same or previous weekend in June.The board will continue to look at other venue options in the interests of saving costs for both the ABST and the students.The theme picked for next year’s fancy dress evening is Heroes and Villains.IN A PREVIOUS VERSION OF THIS STORY THE THE ABST WAS INCORRECTLY NAMED. BRITISH BAKER APOLOGISES FOR THIS MISTAKE AND IS HAPPY TO RECTIFY IT.last_img read more

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