Trump blasts Facebooks Libra cryptocurrency says US has only one real currency

first_img Now playing: Watch this: …and International. We have only one real currency in the USA, and it is stronger than ever, both dependable and reliable. It is by far the most dominant currency anywhere in the World, and it will always stay that way. It is called the United States Dollar!— Donald J. Trump (@realDonaldTrump) July 12, 2019 Facebook cryptocurrency revealed, Google puts $1B toward… Facebook Tech Industry Tags 1:21center_img Comments US President Donald Trump tweeted about Facebook’s Libra, as well as other cryptocurrencies, on Thursday night. Saul Loeb/AFP/Getty Images In June, Facebook announced its next attempt at expanding outside social media platforms: the Libra cryptocurrency. It’ll be like Bitcoin, except its value will be pegged to a basket of assets, like government securities, to make it more stable. The world is unsure of how successful or disruptive Libra will be, and on Thursday the cryptocurrency got perhaps its biggest detractor yet: the president of the United States.”I am not a fan of Bitcoin and other Cryptocurrencies, which are not money, and whose value is highly volatile and based on thin air,” Donald Trump tweeted on Thursday night, before moving on to Libra in a subsequent tweet.”Similarly, Facebook Libra’s ‘virtual currency’ will have little standing or dependability. If Facebook and other companies want to become a bank, they must seek a new Banking Charter and become subject to all Banking Regulations, just like other Banks, both National [and international].” 10 Trump ended the tweet thread by boasting of the US dollar’s dependability and reliability. The message from the president is clear: If you want to invest in a currency, ditch the crypto and look to the US dollar.Trump isn’t the only high-profile figure to question Libra this week. The head of the US Federal Reserve, Jerome Powell, reportedly told House lawmakers on Wednesday that the US’ central bank has “serious concerns” about Libra. Both the Federal Reserve System and a separate panel called the Financial Stability Oversight Council are meeting to discuss Libra alongside global policy makers, Powell also reportedly said.Libra won’t be run by just Facebook. Rather, Facebook and its partners have created an organization, the Libra Association, to manage the technical aspects of the project and work with regulators. David Marcus, who heads both Facebook’s Messenger department and the Libra project, says Facebook will be just one of many voices in the Libra Association, and won’t have special influence.”Facebook won’t have any special responsibility over the Libra Network,” he wrote in a FAQ page.Libra also has some built-in safeguards, which have been used in the real world, to make sure the value of the cryptocurrency stays stable. Facebook will build a wallet, called Calibra, though it will be a wholly owned subsidiary that Facebook says won’t share financial data with the social network.Libra is expected to launch in the first half of next year.Meanwhile, Trump’s news-making outburst over cryptocurrencies reinforces a federal court’s ruling this week that the leader of the US can’t block users on the social network, because it’s a public forum. The unanimous decision by the US Court of Appeals for the 2nd Circuit affirms the ruling made by the US District Court for the Southern District of New York in 2018 after Trump was sued for blocking users the previous year. Share your voicelast_img read more

Kasautii Zindagii Kay 2 couple Erica Fernandes and Parth Samthaan inseparable at

first_imgParth Samthaan and Erica FernandesInstagramParth Samthaan and Erica Fernandes are undoubtedly one of the hottest and most talked about couples in the telly town thanks to their stint in Kasautii Zindagii Kay 2. The two are rumoured to be dating but they have never accepted it. But their fondness for each other seems to be getting evident with each passing day. So when Parth and Erira arrived together at Ekta Kapoor’s birthday bash, the two were inseparable from each other.Inside the bash, Parth and Erica seem to have had a gala time partying with the birthday girl and their intimate picture is a proof of that. Parth took to Instagram stories to upload a picture of him along with his rumoured ladylove and Ekta sharing a warm hug while dropping their moves on the dance floor.Erica too reshared Parth’s Instagram story onto her page along with a still from Kasautii Zindagii Kay 2 wherein the reel life lovers – Prerna and Anurag Basu – were seen having a romantic moment. “Prerna’s love is like a candle, that warms Anu’s heart,” read the caption shared by the show’s director Muzammil Desai, which was reshared by Erica on Instagram.Earlier, it was reported that the rumoured lovebirds spend more time together when not shooting for their show. Apparently, Parth and Erica often arrive together on sets and also wait for one another to have afternoon and evening meals together. Not just that, they often leave the sets together as well.And it looks like the spark from Prerna and Anurag’s romance has ignited the flame between Erica and Parth in real life as well.Take a look. Erica Fernandes, Parth Samthaan at Ekta Kapoor birthday bashInstagram Erica Fernandes, Parth Samthaan, Kasautii Zindagii Kay 2Instagramlast_img read more

Heavy rains lash city S Bengal districts 2 killed in Shyamnagar

first_imgKolkata: Rains accompanied by thunderstorms lashed the city and South Bengal districts on Tuesday evening throwing normal life out of gear.According to report, two persons including a woman were killed in two separate incidents in North 24-Parganas’ Shyamnagar. It was learnt that the victim woman identified as Maya Roy was passing through Atapur area when a wall collapsed and fell on her. Roy was a local resident, police said. She succumbed to her injuries in a hospital. While in the other incident, a 52-year-old Bhaskar Thakur died after being struck by lightning. He was working in a field at Natunpara in Shyamnagar when the incident occurred. Also Read – Heavy rain hits traffic, flightsHe was declared brought dead after being taken to Barrackpore BN Bose Hospital on Tuesday afternoon.A thundershower accompanied by a strong wind hit the city and the districts like North 24-Parganas, Howrah, Hooghly, Nadia, East Burdwan and West Midnapore disrupting the normal life. People faced inconvenience due to incessant rainfall in the afternoon. Train services were also affected in Sealdah and Howrah division. Some trains were delayed due to increment weather conditions. Also Read – Speeding Jaguar crashes into Merc, 2 B’deshi bystanders killedThe rain, however, brought relief to the people suffering from hot and humid condition prevailing in the state. The regional meteorological centre at Alipore had predicted that there was a possibility of rains and thundershowers towards the evening. A strong moisture-laden South-Westerly wind would be blowing in the area, creating favourable condition for a storm. A strong wind was blowing at 40-50 km per hour in some parts of the city as well as in districts of South Bengal. The rain has brought the temperature down by a few notches. The city dwellers are, however, facing a sultry weather, especially during the day time. The regional Meteorological centre at Alipore predicted that the city and its adjoining districts may witness thunderstorms in the evenings in the next few days. Slow traffic movement was reported in some parts of the city following the rain. The districts that have received the maximum rainfall are North 24-Parganas, Howrah, Hooghly while various parts of Nadia, Murshidabad and Birbhum also witnessed thunderstorms.According to the weather office, there are predictions of wind measuring around 50-60 km per hour that might sweep through various districts in North Bengal in the next few days. Wind measuring around 60-70 km per hour may also sweep through some of the South Bengal districts, along with moderate rainfall, the weather office predicted.last_img read more

Loss of Snow Days May Create the Next Generation of Remote Workers

first_img Free Webinar | Sept. 9: The Entrepreneur’s Playbook for Going Global Growing a business sometimes requires thinking outside the box. Opinions expressed by Entrepreneur contributors are their own. 4 min read January 27, 2015 The idea that snow or extreme weather conditions no longer mean getting a day off from school may become a chilling reality for school-aged kids. Thanks to technology and some forward-thinking administrators, like those of St. Cloud Cathedral high school in Minnesota, kids can now work from home on snow days with no productivity lost. If this approach spreads to school districts nationwide, it will encourage the creation of a new generation of self-sufficient, flexible workers. This could lead to a completely different work culture for businesses over the long term.Thanks to the recent proliferation of publicly funded personal technology in schools, students now have the equipment necessary to learn remotely, turning off-days into productive learning days. This means laptops and iPads are provided to each individual student, as opposed to having to share computers in a classroom or lab environment.The concept of students’ borrowing personal laptops loaned by the school is similar to the bring your own device trend at companies: Employees have access to work on a device of choice, wherever, thanks to technology solutions and web-based apps.And employees need not be at their desks or in the office to be productive. The requirement of being in the same work environment every day to be productive could be entirely eliminated. I believe a new generation of employees will begin at a young age to adapt to remote working. It’s intriguing to imagine how future employees and company leaders, after growing up with the work-anywhere mentality, could change the landscape.Ideally, future employees will be prepared to work from home, travel with all the tools that help them work efficiently throughout the day and not blink an eye if their commute to the office is snarled by snow. They will just open up their laptop remotely, grab coffee and begin at the same time as they usually do at the office. Remote working is obviously not a new concept, but having employees who enter the workforce already trained to work from anywhere, anytime, only helps a business become more nimble. Unfortunately, far too many organizations lack a clear plan for enabling and managing remote workers. Or they don’t fully appreciate how having a flexible workforce fights lost productivity and revenue.Providing flexible workplace options can have benefits well beyond those of disaster planning including the following:Related: 5 Essential Keys to Leading a Remote WorkforceCost savings. The reduction in the cost of utilities and other operational expenses is significant. Employers can save upwards of $11,000 per employee annually if that person works at least half time outside the office, according to GlobalWorkplaceAnalytics.com.Increased productivity. Although some jobs aren’t suited for remote work, productivity increases significantly in many other roles. Research from the Bureau of Labor Statistics shows that employees working outside the office usually end up laboring well beyond 40 hours a week.Recruiting talent. Being able to work remotely is an attractive benefit to prospective employees. Giving potential employees flexible options can be the difference in a candidate’s choosing one company over a competitor.Higher employee morale. Research has shown that employees with multiple work options are more satisfied with their jobs and likely to stay. So what can a company do right now to encourage this new way of thinking? Here are some options:Related: 3 Qualities Every Remote Manager Needs (Infographic)Management buy-in. Company leaders should be open about supporting or encouraging working remotely and clear about expectations and when these practices are considered acceptable.Mobility. Whether it’s providing laptops or tablets or developing solid bring your own device policies, companies can deploy mobile devices to unchain employees from their desks. Modern tools and apps can provide remote workers the same communications experience as in the office.Cloud-based unified communications. Implement unified communications systems, which extend beyond traditional phone systems and provide tools to keep employees connected to one another and customers through video, chat and other collaboration options. Cloud-based unified communications ensures that if a building is inaccessible, remote employees can continue working normally.Remote-access network tools. VPN and other remote networking tools can provide the access and security necessary.Communicate the plan. Companies may have some advance warning of a business disruption from flooding, a storm, a tornado or hurricane. If such instances are the only time the company permits working remotely, then communicate expectations and review policies and procedures ahead of the threat. Related: 6 Best Practices for Working from Home Register Now »last_img read more

Another awardwinning chef signs partnership with Air Canada

first_img Thursday, August 1, 2019 Posted by Travelweek Group Another award-winning chef signs partnership with Air Canada << Previous PostNext Post >>center_img MONTREAL — There’s more to savour onboard Air Canada, thanks to a new partnership with award-winning Canadian Chef Antonio Park.Exclusively featured on select Air Canada flights to Asia and South America, Park’s meals will be destination-inspired, kicking off on the Montreal-Tokyo-Narita route that links two cities he has called home.“We’re thrilled to continue showcasing the very best of Canadian talent with Chef Park joining our team of celebrated chefs,” said Andrew Yiu, Vice President, Product at Air Canada. “Apart from elevating our customers’ dining experience with destination-inspired creations on Asian and South American flights, we chose to partner with Chef Park due to his passion for promoting the Canadian culinary scene and his appreciation for fresh ingredients and sustainability.Event Speech Footage // Séquence de discours d’événement from Air Canada on Vimeo.Park’s culinary career was first inspired by his Korean mother’s kitchen while growing up in Argentina. He then trained under revered Japanese cooking masters and developed a passion for farm-to-table cooking. He has worked in Japan, New York, Toronto and Montreal before opening his first restaurant, Park, in Montreal in 2012. Park has served as a judge on Food Network Canada’s Chopped and Top Chef Canada, and has been recognized multiple times in Canada as ‘Chef of the Year’.More news:  Direct Travel names Smith as Senior VP, Leisure Marketing, North AmericaOn his new role with the carrier, Park said: “It’s a blessing and an honour to partner with Air Canada. I’m extremely proud and humbled to be sharing my food with Air Canada’s customers flying at 30,000 feet. It is the perfect opportunity to use Canadian ingredients and Japanese techniques, marrying the two to enhance the onboard experience.”Park joins Air Canada’s panel of Canadian culinary and wine talent who have designed award-winning food and wine options. They include celebrated Canadian chef David Hawksworth, who creates signature dishes exclusively on Air Canada flights worldwide in Signature Class and the Air Canada Signature Suite; and Véronique Rivest, the carrier’s sommelier who handpicks wines to pair with Hawksworth’s menu. Contemporary chef Vikram Vij also creates Indian dishes for all cabins of service on Air Canada’s Canada-India flights from Toronto and Vancouver.Following Montreal-Tokyo-Narita, Park’s menu will be rolled out on flights from Toronto to Tokyo-Haneda, Vancouver to Tokyo-Narita, and from Montreal to Sao Paulo this fall. In 2020, his meals will also be available on flights to Hong Kong, Seoul, Beijing, Shanghai, Taipei, Sao Paulo (from Toronto), Santiago and Buenos Aires, as well as on seasonal flights from Calgary to Tokyo-Narita and Vancouver-Osaka.More news:  Sunwing ready to launch Mazatlán-Quebec City direct this winterHis meal options will be available in Signature, Premium Economy and Economy Class on all flights from Canada to Japan, and exclusively in Signature Class on all other flights departing Canada to Asia and South America, in addition to options by Hawksworth. Share Tags: Air Canada, Chef Antonio Park, Signature Classlast_img read more