PERRYMAN: Britain remains in Brexit limbo… many years of data consistently confirm the importance…

first_img Pinterest Twitter WhatsApp Local News WhatsApp By Digital AIM Web Support – February 24, 2021 Facebook PERRYMAN: Britain remains in Brexit limbo… many years of data consistently confirm the importance of a college education …center_img TAGS  Facebook Twitter Pinterest Ray Perryman is the head of The Perryman Group and serves as a distinguished professor at the International Institute for Advanced Studies. The recent Parliamentary vote on a proposed Brexit deal resulted in a decisive “no” to Prime Minister Theresa May’s path for the United Kingdom divorcing the European Union (EU). The vote was among the most lopsided in recent history, illustrating the wide divisions in opinions about the best way for Britain to leave the EU (or not).The whole idea of a “Brexit” was flawed from the outset and was cautioned against by hundreds of economists and virtually every current and past leader on the planet. The ensuing chaos was to be expected.The deal was presented after more than two years of negotiations. Given the spectacular failure, a few tweaks are unlikely to matter. For Members of Parliament who support an exit even if it means the so-called “hard Brexit” with no agreement at all, the linkages with the EU were too strong; for others, it was viewed unfavorably because Britain would be held to many EU rules and obligations, but no longer having much input; still others wanted to revote and cancel the whole thing. Without a broad base of support from any side and nothing approaching consensus, it’s no surprise that the vote was so resounding, and no simple solution is obvious.What’s next? The current date for Brexit to occur is March 29. One potential course of action is to simply allow more time for consideration. An alternative strategy could also be worked out which tried to meet in the middle, though that seems difficult. Leaving the EU without an agreement would cause severe dislocations for everyone, and it would be advantageous for Parliament to craft something that the rest of Europe can embrace. Another referendum to allow voters the opportunity to reverse course faces strong opposition and could lead to the same outcome, but remains a possibility. As the King of Siam would say, “it’s a puzzlement!!”Clearly, uncertainty is bad for the economy, and the current limbo is damaging. Businesses are sorting out how to proceed with investments and other decisions. Foreign companies are faced with assuring access into the European market and questioning whether the UK remains a viable option.Because the UK is an important trading partner for the United States, what happens there affects our economy as well. Furthermore, economic retrenching in Britain could slow growth across all of Europe, compounding negative effects. Whatever the outcome, centuries of complex economic linkages don’t vanish overnight without consequences.Even so, the worst-case scenarios are highly damaging and there are strong incentives to avoid a sudden, chaotic crisis on March 29. Time is tight, but hopefully the stakes are sufficiently high on all sides to increase the likelihood of a workable solution. Previous articleMATTER OF RECORD: Dec. 20 through Jan. 3Next article012919_OHS_Permian_Girls_25 Digital AIM Web Supportlast_img read more

RuwBouw Opts for Piet Brouwer

first_imgImage source: Piet BrouwerPiet Brouwer Electrotechnology recently successfully supplied a power supply system for the sand dredger Veluwemeer, which belongs to the RuwBouw Groep from Harderwijk. The new installation consists of a 1000 kVA containerized diesel generator that is placed on deck and supplies the desludging system with power.In addition, a 1000 kVA step-up transformer provides 15 kV for the suction pump system, which is connected to the desludging system via a floating cable.The power system has been designed in such way that it can be easily supplied from the public electricity grid in the future, if required.Image source: Piet Brouwerlast_img read more

South Africa to build six new dams

first_imgSouth Africa plans to build or expand six dams over the next decade to address the long-term water and sanitation needs of the country.The Kouga dam in the Eastern Cape in 2014. (Image: Wikipedia)Brand South Africa reporterThe dams identified by the government include the dam on the Mzimvubu River in Eastern Cape, the expansion of the Clanwilliam Dam in Western Cape, the Nwamitwa and Tzaneen dams in Limpopo, the Hazelmere Dam in KwaZulu-Natal and the Polihali Dam in Lesotho, which will provide water to Gauteng.This emerged during a meeting of the Presidential Infrastructure Co-ordinating Commission (PICC) convened by President Jacob Zuma at the Union Buildings in Pretoria on 30 April. Deputy President Cyril Ramaphosa, members of the Cabinet, premiers, metro mayors and leaders from the South African Local Government Association attended.“Progress reports were given on the building of water pipelines, treatment plants and systems to connect local households,” Presidency spokesperson Mac Maharaj said. Reports were also given on construction progress across the full public infrastructure project pipeline, organised through 18 major strategic integrated projects (SIPs).“One of the challenges to be addressed with the water supply is the separation of functions between different spheres that result in dams being completed by the national government but delays at local level with water reticulation systems.“[It was] agreed to have a more co-ordinated system from ‘source to tap’ to ensure that communities have access to water more expeditiously,” Maharaj said.Amendments had been drafted to strengthen legislation dealing with theft from the public infrastructure programme, he added, and these had also been discussed at the meeting. The amendments will go through the Cabinet speedily for finalisation before it they are introduced to parliament.“The steps to address cable and metal theft include tougher bail conditions, tougher sentencing, more resources for defective work and better controls on the trade in scrap metal that creates a market for stolen infrastructure components,” he said.More than 220 000 direct jobs are being supported by the projects currently co- ordinated by the PICC, which include building roads, ports, rail lines, social infrastructure, energy plants, dams and pipe lines.“Thirty-nine renewable energy plants have been opened with 1 897 megawatts of renewable energy coming on to the grid. These solar, wind or hydro plants have been a critical support to address the energy shortages caused by delays in the new coal power stations coming on-stream.”This follows the opening of the Giyani Water Treatment Works in Mopani District Municipality, in Limpopo on 31 October 2014, and the opening of the R3-billion, 347- million cubic metre De Hoop Dam in Sekhukhune, in Limpopo, on 24 March 2014. The Spring Grove Dam near Rosetta in KwaZulu-Natal was opened in November 2013.Various interventions have been undertaken to stabilise the water supply over the past two decades. SIP18 has a 10-year plan to address the estimated backlog of adequate water to supply 1.4 million households and 2.1 million households to basic sanitation. SIP 6, the integrated municipal infrastructure project, focuses on developing national capacity to help the 23 least resourced districts (19 million people) to address all the maintenance backlogs and upgrades required in water, electricity and sanitation bulk infrastructure.The PICC was formed to co-ordinate a multibillion-rand public infrastructure programme and brings together all three spheres of government. It is chaired by Zuma and its work is governed by the Infrastructure Development Act.Source: GCIS, Business DayWould you like to use this article in your publication or on your website? See Using Brand South Africa material.last_img read more

Fil-Canadians boost PH SEA Games bid in ice hockey

first_imgWATCH: Streetboys show off slick dance moves in Vhong Navarro’s wedding PH billiards team upbeat about gold medal chances in SEA Games PLAY LIST 03:07PH billiards team upbeat about gold medal chances in SEA Games05:25PH boxing team determined to deliver gold medals for PH00:45Onyok Velasco see bright future for PH boxing in Olympics00:50Trending Articles01:35Panelo suggests discounted SEA Games tickets for students02:49World-class track facilities installed at NCC for SEA Games03:04Filipino athletes share their expectations for 2019 SEA Games02:25PH women’s volleyball team motivated to deliver in front of hometown crowd01:27Filipino athletes get grand send-off ahead of SEA Games Catriona Gray spends Thanksgiving by preparing meals for people with illnesses Flags of SEA Games countries raised at Athletes Village Man sworn in as lawyer by judge who sentenced him to prison as a teen 20 years ago SEA Games Gallery: August 19 “We only had four days to get them,” he added.The Philippines is considered to be the favorites to rule ice hockey, which is making its debut in the regional event.“If we play to our potential, I can’t see any reason why we won’t win [the gold],” said Filipino-Swiss goalkeeper Gianpetro Iseppi in an interview before the squad left for Kuala Lumpur.The Filipinos open their campaign against Indonesia on Monday at the Empire City Ice Arena in Damansara Perdana, a new commercial hub in this bustling and progressive Malaysian capital.They take on Singapore next then, Malaysia before closing out their stint against Thailand on Thursday.ADVERTISEMENT Don’t miss out on the latest news and information. The team that finishes with the most number of wins bags the gold medal. LOOK: Venues for 2019 SEA Games MOST READ This photo taken on August 15, 2017 shows head coach Daniel Brodan (R) giving instructions to members of the Philippines men’s ice hockey team, dubbed the “Mighty Ducks”, during a practice session at a mall skating rink in Manila ahead of their games at the Southeast Asian Games (SEAGames) in Malaysia.Dubbed the “Mighty Ducks” by local media, the Philippine men’s hockey team aims to win a gold medal in next week’s games in Malaysia — a far cry from members’ days of only learning of the sport through the Disney movies. / AFP PHOTO / TED ALJIBEThe Philippines’ gold-medal bid in ice hockey got a shot in the arm after two of its key players earned the go-signal from Southeast Asian Games organizers to compete.Carlo Martin Tenedero and Paul Gabriel Sanchez have been allowed to play in the SEA Games after the country’s men’s ice hockey team won its appeal to reinstate the two Fil-Canadians in the team Saturday.ADVERTISEMENT LATEST STORIES SEA Games in Calabarzon safe, secure – Solcom chief Both players were earlier disqualified for allegedly violation eligibility rules.“This is a great relief for us and great morale boost for the team,” said team manager Petronilo Tigaronita.FEATURED STORIESSPORTSWATCH: Drones light up sky in final leg of SEA Games torch runSPORTSSEA Games: Philippines picks up 1st win in men’s water poloSPORTSMalditas save PH from shutoutTenedero and Sanchez were initially removed from the lineup after the hosts claimed both failed to meet the required 16-month residency rule under international standards.“But we have proof and documentation, including certification from their respective barangays that they have stayed in the Philippines since April 2016,” said teammate Francois Emmanuel Gautier, who arrived with Tigaronita ahead of the team in filing the appeal. Read Next Brace for potentially devastating typhoon approaching PH – NDRRMC UPLB exempted from SEA Games class suspension View commentslast_img read more

Turkey blast toll mounts to 95

first_imgAt least 95 people were killed in Ankara when bombs set off by two suspected suicide attackers ripped through a crowd of leftist and pro-Kurdish activists at a peace rally, in the deadliest such attack in Turkey’s recent history. The twin blasts that occurred on Saturday, near Ankara’s main train station, ratcheted up tensions ahead of Turkey’s November 1 snap elections which were already soaring amid the government’s offensive on Kurdish militants.Bodies of slain demonstrators were seen strewn across the ground after the explosions, with the banners they had been holding for the “Work, Peace and Democracy” march lying next to them.The attack also left 246 wounded, 48 of whom are in intensive care, according to an updated toll announced by Prime Minister Ahmet Davutoglu’s office. President Recep Tayyip Erdogan denounced what he called a “heinous attack” targeting “our unity and our country’s peace”.Declaring three days of mourning, Davutoglu said there were “strong signs” the attack was carried out by two suicide bombers.last_img read more

Marijuana quashes brains response to reward over time

first_imgThe findings showed that the reward system of the brain has been ‘hijacked’ by the drug and that the users need the drug to feel reward – or that their emotional response has been dampened.Humans are born with an innate drive to engage in behaviours that feel rewarding and give pleasure, but over time marijuana use was associated with a lower response to a monetary reward. “This means that something that would be rewarding to most people was no longer rewarding to them,” said Mary Heitzeg, Neuroscientist and Assistant Professor at the University of Michigan in the US.  Also Read – ‘Playing Jojo was emotionally exhausting’Further, marijuana use was also found to impact the emotional functioning of the brain. Marijuana can cause effects, including problems with emotional functioning, academic problems and even structural brain changes, said the paper published in JAMA Psychiatry.  And the earlier in life someone tries marijuana, the faster their transition to becoming dependent on the drug, or other substances. “Some people may believe that marijuana is not addictive or that it’s ‘better’ than other drugs that can cause dependence,” Heitzeg said adding, “but marijuana changes your brain in a way that may change your behaviour, and where you get your sense of reward from. It affects the brain in a way that may make it more difficult to stop using it.”  Also Read – Leslie doing new comedy special with NetflixPrevious research has shown that the brains of people who use a high-inducing drug repeatedly often respond more strongly when they’re shown cues related to that drug. The increased response means that the drug has become associated in their brains with positive, rewarding feelings. And that can make it harder to stop seeking out the drug and using it, said the researchers. “If this is true with marijuana users, it may be that the brain can drive the use of the drug, and that this use can also affect the brain,” said lead author Meghan Martz, doctoral student at the University of Michigan. For the study, the team involved 108 people in their early 20s – the prime age for marijuana use. All had brain scans at three points over four years.  While their brain was being scanned in a functional MRI scanner, they played a game that asked them to click a button when they saw a target on a screen in front of them. Before each round, they were told they might win 20 cents, or $5 – or that they might lose that amount, have no reward or loss.The researchers focussed on the nucleus accumbens – the reward centres of the volunteers’ brains. When a reward is being anticipated, the cells of the nucleus accumbens usually swing into action, pumping out dopamine – a ‘pleasure chemical.’ The bigger the response, the more pleasure or thrill a person feels and the more likely they’ll be to repeat the behaviour later.last_img read more