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25 июня, 04:31

OracleVoice: ORACLE TEAM USA Win Puts It Back Into America's Cup Contention

ORACLE TEAM USA appears to be quite alive in what is clearly a faster boat than the one it raced against Emirates Team New Zealand last week.

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25 июня, 01:58

U.S. secure first win of America's Cup, trail New Zealand 4-1

HAMILTON, Bermuda (Reuters) - Defending champions Oracle Team USA clawed their way back into the America's Cup on Saturday with a much-needed win over Emirates Team New Zealand to reduce their deficit to 4-1 in the first-to-seven final.

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25 июня, 01:43

Saturday's international rugby results

New Zealand 30 (Rieko Ioane 2, Codie Taylor tries; Beauden Barrett 3 conversions, 3 penalties), British and Irish Lions 15 (Sean O'Brien, Rhys Webb tries; Owen Farrell conversion,…

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25 июня, 01:40

Oracle takes first win against Team New Zealand in America's Cup

Skipper Jimmy Spithill cuts Kiwis’ lead over American boat to 4-1Rival skipper Peter Burling says: ‘It’s great to see a bit of fight’Jimmy Spithill skippered two-time defending champion Oracle Team USA to its first victory of the America’s Cup regatta, taking a thriller in race six to earn a split Saturday and slow the momentum of Emirates Team New Zealand. Related: Ben Ainslie vows to bounce back after costly America’s Cup semi-final exit Continue reading...

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24 июня, 21:00

Kieran Read spearheads enigmatic New Zealand’s latest surprise against Lions | Paul Rees

The All Blacks proved themselves masters of the unexpected during their 30-15 victory, dominating possession and reducing the Lions to counterattacksWhen it comes to the All Blacks, what you see is not always what you get. The Lions had used their pressing game to telling effect against the Crusaders and the Maori, forcing them to play behind the gainline and making offloads hazardous, but by narrowing the point of attack and playing through their scrum-half rather than their outside-half New Zealand were able to recycle ball quickly and dictate the pace of the game.Analysts play a major role in the preparation of teams, but trying to figure out New Zealand involves journeys up dead ends. The All Blacks are like a batsman in commanding form: move a fielder and the ball will invariably be dispatched into the space vacated. While their overall policy remains the same, manoeuvering the ball into space and giving the ball-carrier options, they are far from one-dimensional and have a mastery of the basics. Continue reading...

24 июня, 18:13

Liam Williams’ 19 seconds of magic inspires Lions but proves false dawn | Andy Bull

The Lions full-back’s moment of brilliance hurt the All Blacks but profligacy from sustained pressure cost Warren Gatland’s side dearlyThe Lions started the first Test in a great gushing rush of rugby, as if the referee’s first whistle had been the signal to pop the cork on a bottle they had been saving since they arrived in New Zealand three weeks ago. The All Black line broke open in front of Jonathan Davies, who slipped past Sam Whitelock and sprinted into New Zealand’s 22. He passed to Conor Murray, hard on his heels. Murray was brought down by Aaron Smith’s lunging tap tackle, but the ball made its way to Elliot Daly on the left wing. Daly sped for the line, slid for it even as Israel Dagg wrapped himself around his back to roll him into touch. Daly made it, but the ball did not. The Lions were inches away from the perfect start. Related: New Zealand and Rieko Ioane run away with first Test against Lions Continue reading...

24 июня, 18:05

Why The Next Recession Will Morph Into A Decades Long Depressionary Event... Or Worse

Authored by Chris Hamilton via Econimica blog, Economists spend inordinate time gauging the business cycle that they believe drives the US economy.  However, the real engine running in the background (and nearly entirely forgotten) is the population cycle.  The positive population cycle is such a long running macro trend thousands of years in the offing that it's taken for granted.  It is wrongly assumed that upon every business cycle downturn, accommodative monetary and fiscal policies will ultimately spur greater demand and restart the business cycle once the excess capacity and inventories are drawn down.  However, I contend that the population cycle has been the primary factor in ending each recession...and this most macro of cycles is now rolling over.  Without this, America (nor the world) will truly emerge from the next recession...instead it will morph into an unending downward cycle of partial recoveries...contrary to all contemporary human experience. The evidence for my contention begins with the 25-54yr/old US population, which peaked in December 2007 and remains below that peak ever since (this population is presently about 400k fewer than Dec of '07).  However, total US full time employment is now 3.6 million above the previous peak in 2007.  This 25-54 to FT employment relationship is now 1:1...just as it was in 1980 and 1970. Annual change in 25-54yr/old US population vs. annual change in total full time US employees (below).  The macro population cycle provided millions of new adults (consumers) and their increased demand restarted the more frequent gyrations of the micro business cycles...until 2008 and again now in 2017.  Some may take note that the Federal Reserve cost of money (the Federal Funds Rate in blue) generally followed the population cycle, only making some deviations for the business cycle along the way. But the change per 8 year periods of the 25-54yr/old population and total US full time employment turns out to be not so dissimilar.  In fact, it's a pretty nice correlation. And so, since population growth means so much...two differing views on where this population is headed.  In red, the Census and in black, an unbiased view of growth based on the child bearing population, birth rates, and current and future immigration trends. Why would I feel such confidence in a lowered estimate of growth?  Check the '08 Census projection for the 0-24yr/old US population through 2050 (blue line, chart below) and the massive downgrade of growth by the 2014 projection update (red line).  And it is still far too optimistic and the upcoming projection update will only further downgrade upcoming population growth, based on the ongoing declining birth rates combined with huge declines in illegal immigration since '09. But if we widen out to the 15-64yr/old population vs. US full time employees...the chart below details both sets. Taking a look at the annual 15-64 population growth should be pretty telling.  2008 wasn't a debt crisis...it was an end of an atypical period of abnormally high growth which so many had assumed was in fact "normal". The chart below taking the 8 year changes in the wider 15-64yr/old US population vs. full time employment. Charting the change in the core population of the US vs. full time employment.  During each downturn in full time employment, the growth in the core population continued and eventually pulled the business cycle to a fresh start.  However, as the population cycle slowed the downturns were deeper and recoveries slower due to minimal growth in demand from the population cycle. Below, focusing from the turn of the century 'til now, the downtrend of core population growth is very plain and the negative impact on the business cycle should also be easily understood.  The expected Federal Reserve response is of course interest rate cuts to incent record quantities of new debt...to maintain the unsustainable present.  The next economic downturn will see no buoying impact of the core population growth to exit the downturn. Anyway, the chart above makes it plain that the population cycle of the broad core of the US (and in fact, that of the 0-64yr/old population) is now on the precipice of turning Japanese...also known as depopulating (see chart below). The next business cycle recession will be unending and is very likely to run years into decades and perhaps a century or more.  A declining population already indebted with record debt and zero interest rates will consume less...meaning overcapacity and excess inventories will never be fully cleared before the next downturn...and on and on and on. But the absence of a growing consumer base isn't just a US issue...this is a global problem.  The annual growth of the 0-64yr/old population of the combined OECD nations (most the EU, US, Canada, Mexico, Chile, Japan, S. Korea, Australia / New Zealand) plus China, Brazil, and Russia show the growth that has driven nearly all economic growth has come to an end...and begins declining from here on.  And when importers are shrinking, exporters have no one to export to...and on and on and on.  A recent article helps to detail the depopulation we are now facing...not simply a demographic issue that so many believe, HERE. The end of growth is the start of the SHTF scenario in which we now find ourselves.  While this situation offers short term nirvana to investors, the economic repercussions are ultimately disastrous.

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24 июня, 17:24

New Zealand v Portugal: Confederations Cup – as it happened

European champions outclass spirited New Zealanders 5.51pm BST The European champions win Group A and will be joined in the semi-final by Mexico. Russia are going to bed while their guests continue to party in their gaff. 5.49pm BST The substitute gets the ball at the edge of the area, wrongfoots Ingham with a stepover and then sweeps a low shot into the net! Continue reading...

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24 июня, 15:37

New Zealand 30-15 British & Irish Lions: first Test player ratings

Brodie Retallick was key to the All Blacks’ success in collisions and at the breakdown, while Alun Wyn Jones did not do enough to warrant his selection for the LionsBen Smith, full-back 6/10 Coughed up a few of Murray’s high kicks before making way in first half for a HIA and failing to return. But had already shown a couple of glimpses of his talents. Continue reading...

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24 июня, 14:46

All Blacks beat British and Irish Lions 30-15 in 1st test

Winger Rieko Ioane scored two tries in his first test start as New Zealand quelled a spirited performance from the British and Irish Lions to win the first…

24 июня, 14:45

Glastonbury 2017: Jeremy Corbyn says 'another world is possible' – live updates

Liam Gallagher, Thundercat – and a certain Labour party leader as warm-up man for Run the Jewels. Share the action with us from Saturday daytime at the festival 5.27pm BST Before Corbyn came on, a video played to the crowds featuring socialist and peace campaigner EP Thompson, himself addressing the Glastonbury crowds in the 1980s. Left-wing Twitter went into kissy-eye emoji mode:Shout for the great EP Thompson by Corbyn - love it. #Glastonbury2017EP Thompson getting namechecked at Glasto, what a time to be alive 5.08pm BST Thank you #Glastonbury for inviting me to speak on the Pyramid Stage about how, together, we can build a country #ForTheMany, not the few. pic.twitter.com/vutOyFsFSoThere have been some pretty mega Pyramid stage crowds in the past – the Rolling Stones in 2013 often thought of as the daddy of them all – and by all accounts Corbyn was up there with them.Major congestion following @jeremycorbyn's #Glastonbury speech. This is 20min after the speech ended; crowd is still clearing pic.twitter.com/BTeOeIoPt9Currently at #Glastonbury. This was the view from the back of the crowd that turned out for Jeremy Corbyn. pic.twitter.com/fuqdG2rNoaThe biggest crowd I think I've ever seen at #Glastonbury is for Jeremy Corbyn. Easily rivals Rolling Stones, Oasis and Dolly Parton pic.twitter.com/3UWFzF99EI Continue reading...

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24 июня, 13:40

Gatland: Hats off to New Zealand, we were outsmarted – but it’s fixable

• ‘We need to be much more physical next week’ says Lions coach• Steve Hansen: All Blacks showed they can play ‘down and dirty’ rugbyWarren Gatland said his British & Irish Lions were tactically outsmarted by Steve Hansen’s All Blacks in their 30-15 first Test defeat at Eden Park. Gatland’s side now have to win the remaining two Tests, with only one Lions squad in the past 118 years having bounced back to win a series from 1-0 down.New Zealand had been expected to kick more to counteract the Lions’ aggressive defence but, instead, took on their visitors at source, generating crucial impetus by choosing a more direct route via the scrum-half, Aaron Smith, and their forwards. Continue reading...

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24 июня, 12:59

New Zealand beats British and Irish Lions 30-15 in 1st test

Winger Rieko Ioane scored two tries in his first test start as New Zealand quelled a spirited performance from the British and Irish Lions to win the first…

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24 июня, 12:33

New Zealand and Rieko Ioane run away with first Test against Lions

• New Zealand 30-15 British & Irish Lions• Liam Williams sparks brilliant first-half try but All Blacks too good after breakThe British & Irish Lions must now win both remaining Tests to deny New Zealand a series victory after a sobering loss to the All Blacks in Auckland. The Lions defended heroically at times but two sharp second-half tries from Rieko Ioane ultimately took the home team well clear of Warren Gatland’s side.The contest was far more competitive than the final margin might suggest but New Zealand were never once behind on the scoreboard. The All Black lock Brodie Retallick was particularly outstanding and Codie Taylor also scored a smartly taken try as the world champions demonstrated again how tough they are to beat on home soil. The Lions did manage a splendid 36th-minute try by the flanker Sean O’Brien but could not quite nail a couple of half chances which might conceivably have influenced the outcome Continue reading...

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24 июня, 12:29

New Zealand outclass British and Irish Lions

New Zealand snuff out the British and Irish Lions' hopes of a shock win with a ruthless display in the first Test in Auckland.

24 июня, 11:43

England need 282 to beat India in Women's Cricket World Cup – live!

India stunned England by racking up 281 after being sent in, then hunting the hosts in the field 5.50pm BST Brilliance from India today. They batted poorly in their warm-up against New Zealand last week, but brought their A-game today. First a partnership of 144 between Mandhana and Punam Raut to open the innings, with Mandhana’s 90 keeping them well up on run rate while Raut anchored. Once the first wicket fell, Raut made up ground in terms of strike rate while building to 86, allowing Raj to play in support. Finally Raj was able to surge to 71 at near a run a ball, holing out from the last ball of the match, while Harmanpreet played the late-overs cameo including a handsome six.Pressure was on England early, with India working through Beaumont, Taylor, and Sciver, while tight bowling lifted the run rate. Knight stuck it out but was run out as she started to lift her tempo, and from there it was all on Wilson with Brunt briefly in support. Who knows, Wilson just might have notched a breakthrough ton and an unlikely win, but another bit of instinctive fielding from India brought her undone for 81. India’s catching was poor, India, but their ground fielding and throws were excellent, meaning credit had to go more to them for four run-outs than blame to England haplessness. 5.35pm BST Heather Knight is upbeat: “We bowled a bit too short and let them get away to a good start. We pulled it back in the middle overs, some of the girls bowled brilliantly. We backed ourselves to chase that score, unfortunately we lost too many wickets early.”“Throughout most of the innings I thought we were definitely in the game. Fran was brilliant, I’m really pleased for her and how she played. 80-odd off the last 10 was similar to what India got. It was an outstanding match, India bowled well and took the game away from us with the bat.” Continue reading...

24 июня, 09:40

New Zealand v Lions: first Test – live!

British & Irish Lions in Auckland for first All Blacks TestGatland questions Hansen’s squad selection for first matchEmail [email protected] Tweet @gerard_meagher 10.22am BST 78 mins: The Lions work to ball to the left, Sexton’s pass goes out but it’s a knock-on from Barrett. Sexton thinks it was deliberate but it’s just a scrum. 10.21am BST 77 mins: Lions win a penalty on halfway at the breakdown, Sexton goes for the corner, this time on the right.Read goes off to a standing ovation. Continue reading...

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24 июня, 06:08

New Zealand pedals towards America’s Cup victory

Sailors use cycle power to control vessel in latest innovation in celebrated contest

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24 июня, 04:50

"They Can And Should Do More" Australian State Slams Banks With $280 Million Tax

Australian bankers are furious after the country’s smallest state levied a “surprise” tax on the country’s five biggest banks that could siphon off $280 million in profits during its first four years on the books, according to Reuters.  The tax was imposed by South Australia, which is struggling with the country’s highest unemployment rate and thanks the banks should be doing more to pitch in. The decision, which provoked “howls of outrage from the sector,” represents an added financial burden on the largest banks beyond a $4.2 billion federal tax that was imposed last year - not to mention the country's record-low interest rates.  The banks, struggling with low public favorability after a series of scandals and unified support in the country’s legislature, accepted that tax with minimal pushback. However, some are already threatening to pull investment as a form of retaliation. The head of the Australian Bankers Association Anna Bligh called the tax "an outrageous cash grab without policy substance". Westpac Banking Corp and Australia and New Zealand Banking Group said the move could provoke a backlash from banks as they could decide to curtail investment in the state. South Australian Treasurer Tom Koutsantonis said the five banks, which together collect about $30 billion in profit annually, can and should do more to help boost employment and contribute more to the state's economy. The tax revenues will be used to fund job-training programs, Koutsantonis said. Australia’s bankers fumed, saying they already do enough to prop up the country’s economy. "All businesses will rightly question the political risk associated with investing in a State with a Government prepared to unfairly target an industry that has played a significant role in supporting its lagging economy," ANZ Chief Executive Shayne Elliott said in a statement. The decision provoked speculation about whether the country’s other four states would impose similar taxes, with at least one analyst suggesting that at least a few states will. "I would say it is definitely on the cards for other states," said Morningstar analyst David Ellis said. "For any cash-strapped state it looks like it is just an easy option." However, he said it was unlikely that the country's largest state, New South Wales, would impose a similar tax because it had a strong budget surplus and would want to maintain Sydney's reputation as an Asia-Pacific financial services hub. The tax will be equivalent to 6 basis points on 6 percent of the assets being taxed by the federal government. Koutsantonis reasons this is fair because South Australia’s economy accounts for only 6% of national GDP.

23 июня, 22:46

Reserve Bank of New Zealand Holds Rates: ETFs in Focus

RBNZ held its Official Cash Rate steady at 1.75%.

31 января 2015, 08:17

Новая Зеландия: Блинные скалы

 Punakaiki is a small community on the West Coast of the South Island of New Zealand, between Westport and Greymouth. The community lies on the edge of the Paparoa National Park. The Pancake Rocks are a very popular tourist destination at Dolomite Point south of the main village. The Pancake Rocks are a heavily eroded limestone area where the sea bursts through several vertical blowholes during high tides. Together with the 'pancake'-layering of the limestone (created by immense pressure on alternating hard and soft layers of marine creatures and plant sediments), these form the main attraction of the area. http://en.wikipedia.org/wiki/Punakaiki Paparoa National Park is on the west coast of the South Island of New Zealand. It was established in 1987 and encompasses 306 km².[1] The park ranges from on or near the coastline to the peak of the Paparoa Ranges. A separate section of the park lies to the north and is centered at Ananui Creek. The park protects a limestone karst area. http://en.wikipedia.org/wiki/Paparoa_National_Park zyalt: Блинные скалы, Новая Зеландия Одно из самых удивительных мест в Новой Зеландии - Блинные скалы (Pancake Rocks). Находятся на западном побережье в нацпарке Папароа. Название свое они получили из-за необычной формы. Скалы напоминают стопки сложенных блинчиков. Образовались они 30 миллионов лет назад в результате эрозии известняковых пород. Их слоистость объясняется тем, что породы, из которых сложены “блинные стопки”, имеют различную плотность. Со временем вода и ветер вытесали на поднявшихся из морских глубин скалах затейливую резьбу. Вид на скалы с моей летающей камеры ). Собственно, блинная часть справа находится.