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Fed’s doves will keep cash cheap

first_img KCS-content INTEREST rates will stay “exceptionally low for an extended period”, the US Federal Reserve announced last night.And despite claims from home and abroad that it is fuelling a fresh bubble, the Fed will continue its lastest phase of quantitative easing (QE2), buying around $75bn (£47.5bn) of Treasury assets every month.Markets reacted to the news with 30-year Treasury yields spiking to an eight-month high of 4.56 per cent.And the Dow Jones Industrial Average closed at a two-year high of 11,514, after the Fed’s announcement followed a day of positive news for the US recovery.But growth remains “at a rate that has been insufficient to bring down unemployment”, the Fed argued, requiring interest rates to stay at zero to 0.25 per cent.In its final statement of the year, the Federal Open Market Committee (FOMC) repeatedly stressed its “dual mandate to foster maximum employment” as well as price stability.Last week Bernanke raised the spectre of deflation, saying the US was “getting close to a point where prices start falling.” Even further easing, QE3, was “certainly possible”, he said.But core producer prices actually rose in November, by 0.3 per cent on the previous month, it was revealed yesterday before the Fed’s statement.And inflationary pressures are being felt throughout the world, partly from rising commodity prices. Chinese consumer prices increased by 5.1 per cent last month, while the Bank of England is facing inflationary levels of 3.3 per cent and rising.One of the FOMC members, Thomas M. Hoenig, voted against the monetary accomodation, arguing that it “would cause an increase in long term inflation expectations that could destabilise the economy”.The continuation of QE “really sets off inflation fears”, said Jim Paulsen, chief investment strategist at Wells Capital Management.Last month Bernanke courted controversy by commenting on President Obama’s fiscal stimulus package. On top of the Fed’s measures, Bernanke called for “a fiscal programme that combines near term measures to enhance growth with strong, confidence inducing steps to reduce longer term structural deficits.”“Fiscal policy may even be a little irresponsible, given the worldwide trend to fiscal austerity, and lack of plans for fiscal consolidation in the US,” he added.Over half Americans want to rein in the Fed, a poll revealed last week. And 16 per cent want the Fed scrapped altogether. by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity TimesBrake For ItThe Most Worthless Cars Ever MadeBrake For ItBetterBe20 Stunning Female AthletesBetterBeMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesElite HeraldExperts Discover Girl Born From Two Different SpeciesElite HeraldPeople TodayNewborn’s Strange Behavior Troubles Mom, 40 Years Later She Finds The Reason Behind ItPeople Today whatsapp Fed’s doves will keep cash cheap Tags: NULL whatsapp Tuesday 14 December 2010 9:42 pm Show Comments ▼ Sharelast_img read more

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I’d invest £3k in these 2 bargain FTSE 100 shares to become an ISA millionaire

first_imgI’d invest £3k in these 2 bargain FTSE 100 shares to become an ISA millionaire Our 6 ‘Best Buys Now’ Shares Kevin Godbold has no position in any share mentioned. The Motley Fool UK owns shares of Next. 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. Many FTSE 100 shares have been shooting back up after plunging in the stock market crash. But some stocks continue to languish. And that’s not surprising because in many cases, they’ve seen their revenues and profits plunge because of the lockdowns.However, the restrictions are beginning to lift. Trading will resume soon for many businesses, although volumes could be lower because of social-distancing and other measures. Indeed, earnings look set to be smaller, at least initially.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…FTSE 100 shares with big estimates for earningsBut City analysts are optimistic. They’ve been slapping on three-figure percentage estimates for the recovery in earnings in 2021 for many companies. And I’m sanguine too. My guess is the virus will fade quickly, perhaps because of a vaccine. I’d be happy to buy the shares of these fallen FTSE 100 companies now with a long-term holding period in mind.One example is hotel and restaurant owner Whitbread (LSE: WTB). The company is midway through the process of executing a rights issue to raise £980m net of expenses. And to me, the strategy looks like a good one. The directors reckon the new money will support the firm’s growth strategy. To begin with, the company plans to keep the funds on deposit ready to invest when opportunities arise.The idea is to expand further in the UK and German budget branded hotel markets because of “long-term structural growth opportunities.” Meanwhile, the pandemic will have weakened many competitors. And I reckon the best time to make acquisitions is when sellers are distressed because bargains are more likely to be on offer.When restrictions ease, my guess is that it could be relatively straightforward to apply social-distancing measures in hotels, if necessary. I think the stock is attractive.Pent-up demandI also like the look of clothing and accessories retailer Next (LSE: NXT). The stores have been shut through the lockdown. But there’s also an online business that managed to keep trading, although not at previous levels.Overall revenues and profits are, of course, well down from their prior levels, but so is the share price. Meanwhile, at the end of April, the company’s comprehensive statement explained how it’s been preparing for life with coronavirus.  The directors reckon Next will emerge from lockdown into a world with lower revenues, higher costs and reduced profits.However, I think pent-up demand from customers will help the business recover when people finally return to the shops. And over a longer time period, the virus will fade and social-distancing will go too.So I’d be inclined to buy a few Next shares now and hold them with a period of years in mind. But these two aren’t the only FTSE 100 shares I like the look of. Several others look poised for recovery as well. “This Stock Could Be Like Buying Amazon in 1997” 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. Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! 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.center_img Enter Your Email Address Kevin Godbold | Monday, 8th June, 2020 | More on: NXT WTB Image source: Getty Images Simply click below to discover how you can take advantage of this. 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 Kevin Godboldlast_img read more

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Why I believe this FTSE 100 share is a must for your portfolio!

first_img Jabran Khan | Wednesday, 22nd July, 2020 | More on: KGF Enter Your Email Address Simply click below to discover how you can take advantage of this. 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 Jabran Khan Jabran Khan has no position in any of the shares mentioned. 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. Why I believe this FTSE 100 share is a must for your portfolio! 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.center_img “This Stock Could Be Like Buying Amazon in 1997” 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. When the FTSE 100 crashed back in March, few investors would have been able to predict which companies would be able to trade normally. Kingfisher (LSE:KFG), the owner of B&Q (amongst other retail brands), has benefitted from the lockdown. A nation of budding DIY-ers has unleashed itself on the home improvement stores across the country. 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…FTSE 100 opportunityKingfisher boasts over 1,300 stores across Europe under retail banners such as B&Q, Screwfix, and Tradepoint. This is supported by over 75,000 employees. Kingfisher was forced to close all its UK stores in March but reopened in April albeit with new ways of working in place. Many people decided to turn to home improvements to occupy themselves and complete tasks that were time consuming.The FTSE 100 crash had an impact on the Kingfisher share price. Between the beginning of the year and the lowest point of the crash, its share price fell from 219p per share to 124p. This equates to a significant drop of over 40%. Its current price sits at over 250p per share which means it has recovered nicely as sales have rocketed. I think for an established business that has found a new customer base in the casual home improvement enthusiast, this is a very cheap price.Sales through the roofA trading update released by Kingfisher just today showed me impressive sales figures. Like-for-like sales jumped by nearly 22% in the three months to 18 July. While store openings boosted revenue, online sales more than tripled. Kingfisher made click-and-collect and home delivery options available which was a shrewd move in my eyes. This boosted online sales more than 200% in both May and June. Kingfisher also pointed out that the good weather helped demand. I particularly liked its ability to adapt in unprecedented times with the changed services that helped boost its sales. According to the Office of National Statistics, retail sales recovered in the UK in large part due to a 42% increase in sales at household goods stores such as hardware, furniture, and paint shops. My verdictA favourable trading update and a price I consider too good to miss are what draw me towards Kingfisher compared to some of its FTSE 100 counterparts. I would class it is a major player in its industry. Analysts had projected doom and gloom in earnings prior to this update. I would go as far as saying it could well beat these projections. For more than five years Kingfisher has reported average earnings per share of 24p. If earnings were to reach similar levels the stock would be trading at a price-to-earnings ratio of close to 10. With that in mind I feel there a healthy margin of safety from an investment perspective. Kingfisher has a new lease of life under a new management team and a refreshed growth strategy. With a healthy balance sheet and diverse operations I feel Kingfisher is a bargain right now. Its share price has been climbing so don’t be surprised if you begin to see higher prices in the coming months along with those of other FTSE 100 companies. Our 6 ‘Best Buys Now’ Shares Image source: Getty Images Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge!last_img read more

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Opinion: Why the Romanian rugby federation needs new management

first_img TAGS: Romania Yellow fellows: Romania in action against Georgia last year (Getty Images) Former Romania sevens player Tony Pisaroglu argues that Romanian rugby needs an overhaul LATEST RUGBY WORLD MAGAZINE SUBSCRIPTION DEALS In fact, dozens of former players are so upset about Romanian rugby’s deterioration that they have signed an open letter calling for Petrache to resign right away — five years before his tenure as president is set to expire in 2024. Without an immediate management change, the letter contends, Romanian rugby may be relegated to also-run status for many years to come.Those who signed the letter say that the end of the Petrache regime is part of a three-pronged programme that is needed for Romanian rugby to bounce back. The other prongs are a concerted effort to develop home-grown Romanian talent once again and attracting new investors and sponsors to the sport.Flying the flag: Romania fans at the 2015 World Cup in England (Getty Images)I have now joined those calling for his departure.Rugby has been a source of Romanian pride for more than 100 years. To restore that pride as quickly as possible, the Romanian rugby federation needs new management — people with fresh thinking, a grasp of international best practices in sport and the business of sport, and an ability to adapt to changes in the game.It’s crucial that new management look to the future of Romanian rugby rather than stay rooted in the past.In addition to leaders with fresh ideas, the federation needs to make a more concerted effort to develop home-grown players, starting at a very early age.I know it is standard these days for national teams to bring in talented players from abroad. The justification is that top imported players give a team immediate punch that they would not have otherwise. But this is often done at the cost of failing to develop home-grown talent.When I think about the dynasties in sport — teams like Barcelona in soccer, the New York Yankees in baseball, and the New England Patriots in football — I see great players and coaches, yes. But I also see enlightened owners and team management.The same is true of national sport associations — like the Romanian rugby federation.A series of sterling management teams kept Romanian rugby in the upper echelons of the sport for decades.It can regain that status — and soar higher — with new management. And the sooner, the better. Opinion: Why the Romanian rugby federation needs new management When Alin Petrache became president of the Romanian rugby federation ten years ago, players and fans had high hopes that he would take a strong international programme to the elite level. But Petrache, a former member of the national team who went on to play professionally in France, has been a catastrophe for Romanian rugby.A team that was ranked 13th in the world in 2006 has in recent years been trounced by Germany and Spain – once viewed as sparring partners.A sign that it won’t get better is that Romania’s junior teams — the cornerstone of the future — have had a disastrous record in international competition.The crowning blow was World Rugby disqualifying Romania from the 2019 World Cup having fielded an ineligible player in the Rugby Europe Championship, which acted as a qualifying tournament.Related: Russia qualify for 2019 World Cup in place of RomaniaRomanian fans were furious that their national team had failed to make the World Cup after competing in the previous eight tournaments.Petrache quickly went on the defensive. He contended that his management team wasn’t asleep at the switch — that it did look into whether the Tongan player concerned was eligible. It simply misconstrued the complicated eligibility rules, he said.This wasn’t good enough for former players and fans. The fact that he shrugged off the fiasco as “just one of those things” deepened their anger.Man at the top: Alin Petrache is president of the Romanian rugby federation (Getty Images)Petrache’s critics contend that his attempt to duck responsibility for the Word Cup debacle is part of a pattern — that he has also failed to assume responsibility for the overall decline in Romanian rugby on his watch. Not only has he refused to accept accountability, they say, but he has failed to offer specific reasons for the sport’s decline — which would be a necessary starting point for fixing the problem.Particularly disturbing is the federation’s failure to maintain junior rugby’s health. Rugby has long been a path to success for Romanian youngsters from modest circumstances, especially those from rural areas. It has given many youths opportunities in business and public life that they could never have dreamed of without rugby.I am one of those rural youths whom rugby has helped. It opened the door to me having a successful career in business and public affairs. I am eternally grateful for that, and want to see it continue for youngsters with roots like mine.Petrache has brushed off the criticism with pronouncements that he is considering new initiatives to restore Romanian rugby to its former glory. But, again, there is no detail on what these initiatives would be and these vague statements have failed to mollify fans and former players. Tony Pisaroglu is a former Romanian rugby player who competed with the national sevens team and is now vice president of the Bucharest-based crisis management firm H5 Strategies.Follow Rugby World on Facebook, Twitter and Instagram.last_img read more

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Primates unite in outrage, prayer for schoolgirls kidnapped in Nigeria

first_img Assistant/Associate Priest Scottsdale, AZ 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 Rector and Chaplain Eugene, OR Africa, Curate Diocese of Nebraska Anglican Communion Rector Belleville, IL Rector (FT or PT) Indian River, MI Rector Bath, NC Curate (Associate & Priest-in-Charge) Traverse City, MI Tags Comments (1) Inaugural Diocesan Feast Day Celebrating Juneteenth San Francisco, CA (and livestream) June 19 @ 2 p.m. PT Youth Minister Lorton, VA Featured Events Ya no son extranjeros: Un diálogo acerca de inmigración Una conversación de Zoom June 22 @ 7 p.m. ET Rector/Priest in Charge (PT) Lisbon, ME Rector Hopkinsville, KY Rector Washington, DC An Evening with Presiding Bishop Curry and Iconographer Kelly Latimore Episcopal Migration Ministries via Zoom June 23 @ 6 p.m. ET In-person Retreat: Thanksgiving Trinity Retreat Center (West Cornwall, CT) Nov. 24-28 This Summer’s Anti-Racism Training Online Course (Diocese of New Jersey) June 18-July 16 Comments are closed. Submit a Press Release Rector Smithfield, NC [Anglican Communion News Service] Primates from countries all over the Anglican Communion have joined the worldwide outcry the abduction of more than two hundred young girls from Chibok, Nigeria.Over the past week church leaders on five continents have added their voices to the multitude of others calling for the safe return of the girls.Archbishop of the Anglican Church of Southern Africa, Thabo Makgoba condemned abductions of Nigerian Schoolgirls as an ‘outrage’. He called for “all of Africa, and especially South Africa” to rise up and demand the release of hundreds of Nigerian schoolgirls who were abducted from their school three weeks ago.Primate of the Anglican Episcopal Church of Brazil, Francisco da Silva issued a lengthy statement condemning the “terrible act”.“It was with a heavy heart that the Brazilian people, along with the rest of the world, learned of the kidnapping of over 200 young girls in Nigeria, at the hands of extremist group Boko Haram,” he wrote. “Many of us, especially in the Episcopal Anglican Church of Brazil, have remembered the girls, their families, and the Nigerian people with prayers, tears, and compassion during this time.“Nigeria, like so many countries, has of course had its trying and difficult times as a multi-religious society – but it is in times of difficulty like these that we set aside our differences, and stand together—in solidarity, in demanding peace, and most importantly, demanding the safe return of these young women. Not simply a return to their families – but their return to the lives they knew, their ability to go to school and be educated, to have a better future, and to be beautiful, active members of a future Nigerian society.”Canadian primate, Archbishop Fred Hiltz called the Anglican Church of Canada to pray for the situation in Nigeria, “The group behind the schoolgirl kidnappings, Boko Haram, and its declared intention ‘to sell them in the market’ is appalling. It is an abomination against internationally held human rights, and an absolute affront to the efforts of many nations to honour the Millennium Development Goals to empower women and young girls through a good education.“I am asking Anglicans to offer prayers of special intent in the coming weeks with people of all faiths who are appalled by these crimes,” he added.The Anglican and Roman Catholic Archbishops of New Zealand called on people to pray for the release and protection of the 200 schoolgirls. Anglican Archbishops Philip Richardson and Brown Turei, and Roman Catholic Archbishop John Dew said this Sunday is an opportunity for churches across the country to pray for, and so stand with governments and churches across the globe, wanting a safe return of the young women.Primate of the Episcopal Church the Most Rev. Katharine Jefferts Schori said in a statement that the Church was “horrified” and what was taking place. “The unfortunate truth is that girls and women are still deemed dispensable in much of the world, or at least of lesser value than members of the other sex,” said the Presiding Bishop. “The necessary response is education – of girls and boys, in equal numbers and to an equal degree, that all might take their rightful place in societies that serve all their citizens with equal respect and dignity.Calling what happened “an atrocious and inexcusable act” Archbishop of Canterbury Justin Welby said, “My prayers and thoughts go out to the young people and their families at this upsetting time. I appeal to those who have taken these schoolgirls to release them immediately and unharmed.“This is in a part of Nigeria I have visited and in a country whose people are close to my heart. Let your hearts be open in compassion and mercy to those who have suffered so much.” Remember Holy Land Christians on Jerusalem Sunday, June 20 American Friends of the Episcopal Diocese of Jerusalem May 9, 2014 at 11:35 pm Think of the anguish as well as shock and deep sorrow that all the mothers (and other family members and friends) of these girls and women are experiencing in Nigeria. With our American celebration of Mother’s Day on Sunday upcoming, it would be good if all Americans cold hold especially those Nigerian mothers and the girls in our prayers, and pray for action on the part of Nigeria, the United States, Britain and the African Union that will find ways to bring the girls safely back home, then to help ensure safe and equal education with males in Nigeria and around the world of all female members of the human race. It is gratifying to read the words of sympathy and solidarity of so many Anglican leaders around the globe. Thank you ENS for this news piece. Rector Martinsville, VA 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 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 Virtual Celebration of the Jerusalem Princess Basma Center Zoom Conversation June 19 @ 12 p.m. ET Bishop Diocesan Springfield, IL Assistant/Associate Rector Morristown, NJ New Berrigan Book With Episcopal Roots Cascade Books 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 AddThis Sharing ButtonsShare to PrintFriendlyPrintFriendlyShare to FacebookFacebookShare to TwitterTwitterShare to EmailEmailShare to MoreAddThis Submit an Event Listing The Church Pension Fund Invests $20 Million in Impact Investment Fund Designed to Preserve Workforce Housing Communities Nationwide Church Pension Group Virtual Episcopal Latino Ministry Competency Course Online Course Aug. 9-13 Family Ministry Coordinator Baton Rouge, LA Priest-in-Charge Lebanon, OH Cathedral Dean Boise, ID Priest Associate or Director of Adult Ministries Greenville, SC Seminary of the Southwest announces appointment of two new full time faculty members Seminary of the Southwest By ACNS staffPosted May 9, 2014 Rector Pittsburgh, PA Canon for Family Ministry Jackson, MS Rector Shreveport, LA Rector Albany, NY Course Director Jerusalem, Israel Rector Tampa, FL Associate Rector for Family Ministries Anchorage, AK Assistant/Associate Rector Washington, DC An Evening with Aliya Cycon Playing the Oud Lancaster, PA (and streaming online) July 3 @ 7 p.m. ET Associate Priest for Pastoral Care New York, NY Associate Rector Columbus, GA Rector Collierville, TN Primates unite in outrage, prayer for schoolgirls kidnapped in Nigeria Featured Jobs & Calls Episcopal Migration Ministries’ Virtual Prayer Vigil for World Refugee Day Facebook Live Prayer Vigil June 20 @ 7 p.m. ET Rector Knoxville, TN The Rev. Dr. Charles H. Morris says: Director of Administration & Finance Atlanta, GA Press Release Service Join the Episcopal Diocese of Texas in Celebrating the Pauli Murray Feast Online Worship Service June 27 Director of Music Morristown, NJ Submit a Job Listinglast_img read more

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Specialist tour operator partners with Plan UK in CRM deal

first_imgPlan staff are also giving talks on their work to The Adventure Company’s customers visiting Cusco, Peru. Later this year, travellers will have the opportunity to meet communities in Cusco and the Sacred Valley, and see some of Plan’s projects in development.Ruth Baker, Corporate Marketing Officer for Plan UK commented: “This partnership with The Adventure Company… is a first for us.”Plan has over 110,000 sponsors in the UK and over a million sponsored children worldwide. About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving. Specialist tour operator partners with Plan UK in CRM deal International development charity Plan UK has joined forces with specialist tour operators The Adventure Company in a cause related marketing partnership to raise funds for its work.The Adventure Company offers cultural journeys, wildlife, trekking and wilderness trips in Africa, Asia, Latin America and Europe. It has a policy of attempting to limit the negative impacts of tourism by encouraging its clients to act responsibly and by supporting local projects.The company has committed initially to supporting Plan’s projects in Peru, as this is one of the most popular destinations for their customers. For every client travelling on a trip to Peru, The Adventure Company will donate £5 to Plan’s latrine project and will match clients’ donations to a maximum of £10. Advertisement  17 total views,  1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Howard Lake | 18 July 2004 | News AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThislast_img read more

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Fundraising for Social Change (Kim Klein’s Chardon Press)

first_img Howard Lake | 26 October 2007 | News AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Fundraising for Social Change (Kim Klein’s Chardon Press) About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving.  13 total views,  1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThislast_img read more

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Organizing for revolutionary power

first_imgWhen the Third Precinct burned, the world trembled. The sacking of the Minneapolis police station by unarmed demonstrators last week was an unprecedented act of resistance. Never in living memory have the masses of oppressed people in the U.S. struck such a devastating blow against the ruling class and their police guard dogs.Credit: Tanner SchaafThis rebellion, which began in Minneapolis following the horrific murder of George Floyd and quickly spread across the country, has taken the battle to the doorstep of the state’s oppressing army. The masses have made clear who their enemy is; they have struck righteously at the police and the corporate powers whom they serve. They have resisted police violence with collective strength and retaken the products of their labor from the outposts of capital where stolen profits were so long hoarded.The character of the rebellion is clear to all who look. It’s focus on the brutality of racist policing shows that it is Black led. The masses of non-Black people of color and white demonstrators who surged forth to join the uprising shows that the movement is multinational. And the total defiance of the demonstrators toward police and corporations shows that the movement is solidly anticapitalist.These are the makings of a revolutionary uprising. In the U.S., any successful revolutionary movement must be anticapitalist and it must understand the defining role that the oppression of Black people has played in our history and in capitalist wealth production. All those elements have fallen into place during the current rebellion.Whether or not this movement will succeed is not a matter of fate. The outcome will not be determined by luck or chance. Nor is it in the hands of the ruling class. With the deterioration of the capitalist state, the U.S. lacks the power to crush a movement of sufficient strength. There is only one question which will determine whether or not this movement makes the decisive transition from rebellion to revolution: Will revolutionary socialists rise to the challenge of organizing the masses?The primary responsibility of revolutionary socialists during a national uprising is to immerse themselves in the masses, to engage in deep organizing, to develop the organizational spine which allows the movement to weather the trials of state repression. Spontaneous uprisings have a short lifespan. Only an organized revolution can defeat the capitalist ruling class.Two tasks for revolutionaries The role of revolutionary socialists during any rebellion is to provide political education and political organization. Political education is vital for helping the masses process the traumatic societal changes that take place during a revolution. Through the explanation of revolutionary theory and history, the masses will be able to contextualize the current conflict. This context is intentionally suppressed by the ruling class, and revolutionaries have to be committed to going among the masses and diligently providing the necessary political education.Revolutionary theory and history also provide a model and a path to victory, giving the working class the confidence they can succeed. Despair and defeatism are the most dangerous threats during an uprising, and they can only be warded off by political education.It is also critical for revolutionaries to organize the people into political bodies which practice proletarian democracy and democratic centralism. The history of socialist revolutions is the history of political base building. The working class must be organized into Workers’ Assemblies — highly structured political bodies that stand in opposition to the capitalist system. What the ruling class fears most is working-class communities banding together to determine their own destiny. In Russia, China, Korea, Cuba and Vietnam, the assemblies and councils of the working class were the engines which drove socialist revolution. This powerful revolutionary engine must be brought to the U.S.Only when the masses are organized can true proletarian democracy be achieved. Only then can the Workers’ Assemblies of the masses provide the needed counterbalance against the capitalist dictatorship of the U.S. Such working-class organization will need to be organized under the principles of democratic centralism in order for all nationalities and special oppressions to be represented, and for those diverse views to be synthesized into united revolutionary action.The ruling class will use any divisions among the working class to undermine and destroy the uprising. With a grasp of revolutionary theory, and practicing democratic centralism, revolutionary socialists can assist the masses in navigating their internal contradictions. Organization is the only means of preventing the division and disintegration that so often occurs in diverse multinational movements under attack from capitalism.Political organization also strengthens the masses and enables them to endure state violence. Spontaneous groups of demonstrators can be easily dispersed. A disciplined mass of demonstrators is much more powerful. Organization allows for the physical manifestation of political power as the masses move in one unstoppable unit on the streets.Be decisive, be strategicIn times of calm, there is no greater error than failing to deliberate. In times of chaos, there is no greater error than failing to act. During an uprising, revolutionaries must not be slow to move. Rapidly changing conditions require speed and decisive action. When the enemy brings to bear all its enormous resources against the movement, vacillation on the part of revolutionaries means death — hesitation means defeat. Revolutionary socialists must spring into action now.Revolutionaries must also ensure that their action, no matter how rapid, is in strict accordance with a clear strategy. Diffuse and dispersed action squanders the energy of revolutionaries and hampers unified action. Without a clear strategy, revolutionaries, and the movement at large, cannot seize opportunities as they emerge, exploit divisions within the ruling class or effectively respond to setbacks.Do not abandon the peopleThe people who are most in need of political organization are the most oppressed. Decade after decade, Black people have had their movements and organizations smashed by the bosses, the police and the federal government. The capitalist ruling class has made the destruction of Black political organizations — whether they be radical groups like the Black Panthers or within the mainstream union movement — their first priority. Revolutionary socialists who claim to stand in solidarity with the Black working class must labor diligently to organize oppressed communities. You cannot claim to support Black lives if you don’t organize Black people to withstand deadly state repression. If you stand on the sidelines during an uprising and shout your support, you are only encouraging other people to go out and die. “Defending the people” means organizing the people.This also means organizing the unorganized. For decades, the U.S. left has been primarily concerned with mobilizing other activists — the most politically conscious members of the working class. Revolutionary socialists must dig their roots far deeper into the working class. A true mass movement must be composed of the masses. It is more difficult to organize those who have never participated in political action — and also more necessary. During a time of national upheaval, revolutionaries do not have the privilege of shirking their duty to organize.Organize, struggle, winRevolutionary socialists must move immediately to immerse themselves in the working class. The people are already in motion, and they will gravitate to those who are committed to helping them build working-class power. Organize the people around the struggle — both national and local. Develop Workers’ Assemblies to facilitate the people’s struggle against police violence, bosses and landlords.This is the only way to win, the only path to victory, the only road to socialism.FacebookTwitterWhatsAppEmailPrintMoreShare thisFacebookTwitterWhatsAppEmailPrintMoreShare thislast_img read more

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Taoiseach confirms that John McNulty could still take Seanad seat

first_img RELATED ARTICLESMORE FROM AUTHOR PSNI and Gardai urged to investigate Adams’ claims he sheltered on-the-run suspect in Donegal News Pinterest Audio Playerhttp://www.highlandradio.com/wp-content/uploads/2014/10/14endMCNULTY.mp300:0000:0000:00Use Up/Down Arrow keys to increase or decrease volume. Pinterest Facebook Man arrested in Derry on suspicion of drugs and criminal property offences released Twitter Twitter Man arrested on suspicion of drugs and criminal property offences in Derry Taoiseach confirms that John McNulty could still take Seanad seat Dail to vote later on extending emergency Covid powers Google+ The Taoiseach won’t say whether John McNulty should accept his seat in the Seanad if he wins next week’s by-election.It’s emerged today that the Fine Gael candidate COULD choose to accept the seat, despite having pulled out of the election three days ago.Independent candidate Gerard Craughwell says he’ll consider a legal challenge to the result if Mr McNulty emerges as the winner.But this afternoon Enda Kenny wouldn’t be drawn on what should happen if John McNulty wins: Previous articleMeeting told that people are prepared to picket Irish Water meter installationNext articleArsonists who attacked Convoy Orange hall also targeted local Presbyterian Church admin By admin – October 3, 2014 Dail hears questions over design, funding and operation of Mica redress scheme Facebook HSE warns of ‘widespread cancellations’ of appointments next week WhatsApp WhatsApp Google+last_img read more

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Courts This Week- A Weekly Round Of Important Legal Developments In The Country [Episode-24]

first_imgTop StoriesCourts This Week- A Weekly Round Of Important Legal Developments In The Country [Episode-24] Sanya Talwar26 July 2020 8:23 PMShare This – x…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?LoginNext Storylast_img

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