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Daily Archives: March 26, 2021
Festival of Brexit’: first events for divisive 120m project announced – The Guardian
Posted: March 26, 2021 at 6:10 pm
A celebration of the British weather and the largest grow-your-own food project of modern times will be among the events being staged for a nationwide festival of creativity aimed at bringing the UK together in 2022.
Organisers of the 120m festival, commissioned by Theresa Mays government and supported by Boris Johnson, announced 10 teams who had successfully pitched ideas.
The festival remains a divisive one. In some eyes it is a politically motivated festival of Brexit, but its supporters say that is the last thing it will be. Its chief creative officer, Martin Green, said it was about bringing people together and celebrating creativity in events that are open, original and optimistic.
Others balk at the cost, while supporters point to the work it brings to creative freelancers ravaged by the pandemic. Dont write it off, argued a Guardian editorial in September.
It has a working title of Festival UK 2022, but that will be replaced with a better name before the year is out.
On Tuesday 10 teams were named, chosen from 30 that had taken part in a three-month paid research and development process. The idea is that the successful teams give a flavour of what their project is about, but the public will have to wait for full details.
A team led by the Glasgow-based Aproxima Arts will offer a unique approach to community growing celebrating music, future food technology and sustainable festivals. Part of that will be the largest grow-your-own project of modern times.
Angus Farquhar, the creative director, said the plan was to empower as many people as possible to grow their own food and would involve spaces being reclaimed to allow that. But he added: Im conscious of giving too much away.
That wait and see element is true for all the teams, including one led by the Leeds-based events studio Newsubstance, which is promising a physical manifestation and celebration of the British weather and UK coastline involving a large-scale installation that addresses global questions, encourages playfulness, elicits joy and presents an experiment in change.
All the teams are strikingly mixed in terms of specialisms and may include poets, film-makers or mathematicians. Other groups in the Newsubstance team include Dose of Society, a video platform for unheard voices; the British Antarctic Survey; and the kinetic sculptor Ivan Black.
The Turner prize-winning architecture collective Assemble are leading a team promising an immersive experience exploring the wonder of the human mind through architecture, neuroscience, technology, light and sound.
The Salford-based Walk the Plank, known for outdoor spectaculars, head a team exploring the outdoor beauty of the UK and asking questions about access, taking part, landscape and the future of public spectacle.
The festival has been cursed by the festival of Brexit label since the start, which may well have prevented some people and organisations taking part.
Claire Doherty, an associate creative director of National Theatre Wales, another team leader, said the process had been incredibly open and transparent We trust Martin [Green]. Our team said how can we use this investment to help recovery after the pandemic, how can we make sure this project really looks at who is under-represented and overlooked and listen to those voices.
Green, whose CV includes the Olympic ceremonies and Hull city of culture, said the festival was one of a number of big events due to take place in the UK in 2022, including the Queens platinum jubilee and the Commonwealth Games in Birmingham.
The festival is funded by the UK government but Green said the devolved governments were fully onboard.
Scotlands culture secretary, Fiona Hyslop, said it had been inspiring to see creative and Stem (science, technology, engineering and mathematics) sectors working together to share their talents. This is an important opportunity to support freelancers and organisations in these sectors as we begin our recovery from the pandemic, she said.
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Festival of Brexit': first events for divisive 120m project announced - The Guardian
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Open Minds #13: Only independence can fix damage of Brexit – The National
Posted: at 6:10 pm
SCOTLANDseconomyhas benefited from a range of advantages that few other countries of similar size can match. Our natural wealth is a key foundation stone for a prosperous future as an independent country and it is simply unreasonable to believe that a country as naturally wealthy as Scotland would not thrive if it were to gain the power to manage these resources for Scotlands benefit.
There is plenty of evidence to back up that claim, not least the fact that we have already utilised our natural resources and combined them with ingenuity to develop the specialist products that are in demand all over the world. So much so that Scotland has become an exporting powerhouse.
We have become very used to being told Scotland is too small to stand on its own feet and needs the support of the larger UK to thrive. We have shown in earlier articles in this series that the opposite is true. In reality, being part of the UK holds our country back from reaching its true economic potential.
Such claims are simply not true, as can be proved by focusing on the huge contributions Scotland makes to the wider UK economy.
Whisky, for instance, was the UKs largest food and drink export in 2019, worth 4.9 billion, 21% of the UK total value of exports. Scottish seafood exports were worth a massive 1.02m in 2019. And Scotlands non-EU exports of goods and services have increased by 95% since 2002. Our goods and products are much in demand from Europe and elsewhere in the world but this is yet another example of how being part of the UK is working against our best interests.
Brexit has been imposed on Scotland despite the fact Scots voted against leaving the UK. In less than three months it has proved hugely damaging to Scottish exports to Europe, which have suffered disproportionately.
READ MORE:Would Scotland have to go to the back of the queue to join the EU?
The figures show a grim picture. Scottish exports of food and live animals to the EU were the hardest hit by Brexit, collapsing by 63.6% in January compared to the same month last year. That was much worse than the UK drop of 40.7%.
Office for National Statistics figures reports that Scotlands largest food export category, fish and shellfish, was down a staggering 83% over the same period. Meat and dairy also suffered with exports plunging 59% and 50% respectively.
Another report, this time by the Scottish Food and Drink Federation was even worse. It showed salmon exports were down by 98%, beef exports dropped by 91.5%, pork by 86.9% and cheese by 84.9% in January compared to the same month in 2020. These terrible results were down to Brexit. If our democratically expressed wish to stay in Europe had been heeded our economy would not have been damaged by these dramatic drops.
Scotland has been more badly affected than other areas of the UK for the simple reason that we export more. If we look back at the pre-Brexit figures for the international exports of goods for all the UK nations produced by HM Revenue and Customs, we see that Scotland is the only UK nation to have exported more goods internationally than it has imported every year since records began. That is literally the opposite of a deficit.
The value of Scotlands goods exports per head is more than double those achieved by the rest of the UK. The rest of the UKs, and especially Englands international trade deficit in goods is massive and with the chaotic aftermath of Brexit, and increased economic instability, it is likely that the UK trade deficit will worsen significantly.
In the past few years Northern Ireland has generated a surplus in goods, but persistently operated a deficit in the past. England and Wales always run persistent deficits in international trade in goods.
Scotlands international exports in goods and services have risen by 64% since 2002. Scotlands non-EU exports of goods and services increased by 95% at the same time.
A surplus in international trade in goods is a key strength of Scotlands economy. Its strong not just in UK terms but also compared to similar northern European nations. Denmark sets the gold standard in exports, so is clearly a nation that Scotland needs to aspire to match in the medium-to-longer term. However, Denmark does not even come close to having our natural wealth, or as broad-based an economy as Scotland enjoys.
Achieving a greater exporting ratio per head than nations such as Finland and Sweden and being close to Norway is a significant result for Scotland. Becoming independent is the only way to make sure that our exporting success story continues and that the disastrous downturns in our exports to Europe are reversed.
By contrast, Brexit is posing serious threats to even some of the most successful parts of the UK economy. London, for instance, was the largest financial trading centre in Europe until Brexit-related changes to finance rules came into force. Now Amsterdam has overtaken it.
Following new Brexit rules, EU-based banks wanting to buy European shares currently cannot trade via London, meaning a loss of fees for City firms.
A new poll by YouGov this week found that 52% of UK businesses had been disrupted by Brexit. Three quarter of those expected the problems to last a long time. Of those companies which do a moderate or large amount of trading with Europe, 60% expect the situation to get worse rather than better.
Boris Johnson and his Cabinets obsession with Brexit will never allow them to reconsider the decision to leave Europe so the UK is looking at a future in which the current problems will only increase. And remember Scotland is disproportionately badly hit by Brexit. That means the problems are even worse in a country that voted AGAINST Brexit.
An opinion poll just this week showed that a desire to rejoin Europe was the issue that could drive a majority independence vote in a future independence referendum.
But as long as we are governed by Westminster, rejoining Europe will never be on the table. Luckily Scotland has an alternative, all we need to do is grasp it. Now that the Leave vote in the rest of the UK has removed Scotland from the EU we have to rejoin and that will take time. We may have to wait as long as four years to become full members but we can in the shorter term join the European Economic Area (the EU Single Market) without being full EU members. That would take less time as Scotland already meets all the criteria having been EU members for so long. In other words, a Norway style deal that also gives us flexibility in our trading relationship with the rest of the UK after independence.
When we do so Scotlands many vital advantages and significant untapped potential will allow us to develop our already successful exporting record without being held back by the UK. Escaping the dead hand of Westminster policies and the pressing new dangers of Brexit will be a huge boon to Scottish exports and the Scottish economy. They will thrive with the bespoke policies and attention they can only receive in an independent Scotland.
Thisis the 13th in a series of 24 articles for undecided voters which we are running over 12 weeks. To participate in the Yes Challenge, give your unique code to somebody you want us to talk to about indy and direct them to http://www.thenational.scot/subscribe/openminds. If you have any problems with the unique codes, or want additional codes, please email us at campaign@thenational.scot and to find out more about this campaign visit http://www.yeschallenge.scot!
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Open Minds #13: Only independence can fix damage of Brexit - The National
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Scottish craft brewer goes bust as lockdown and Brexit take their toll – The Scotsman
Posted: at 6:10 pm
BusinessA Morayshire craft brewer that had built up a loyal following for its distinctive beers has fallen into administration amid hospitality and Brexit headwinds.
Friday, 26th March 2021, 11:37 am
Wooha Brewing Company, which is based in Kinloss, was founded in 2015 by Heather McDonald. It had built a substantial export business for its range of craft beers and regular seasonal releases.
Eye-catching brand names such as Roch N Rol, Hop Stampede and Jenny from the Bock helped the business secure trade partnerships across a growing number of markets including China, Russia, Italy, Finland, Israel and the US.
The administration is said to have been caused by unsustainable cash flow problems arising from the rapid contraction of the global hospitality and licensed trade industry and costs for exporters arising from Brexit.
Since 2017, Wooha Brewing has been operating from a purpose-built 16,000-square-foot facility in Kinloss with the capacity to support fast-growing demand.
Since its inception, the business has raised 2.3 million from private investors which included a high-profile crowd-funding campaign. The investment helped create the infrastructure required to support an expanding export business and finance a major rebranding.
Iain Fraser and Tom MacLennan, partners with FRP, have been appointed joint administrators.
Fraser said: Wooha Brewing Company is a high-profile craft brewing business with a substantial and growing trade and consumer client base. The business had grown rapidly in recent years, was well financed, and had a clear strategy and positioning in a crowded market.
The business has unfortunately been severely affected by a combination of Covid, the contraction of its main markets and the bureaucracy of Brexit. Despite every effort by the directors to keep the business trading and ensure the company would be able to capitalise on the recovery when it comes, the severe financial problems meant that administration was the only option.
Unfortunately, 12 members of staff have been made redundant with immediate effect, with two staff being retained to assist with the administration process.
We will be working closely with the Redundancy Payments Service and other agencies to minimise the impact on the staff. We will also be looking to sell the business and assets, either in whole or in part as quickly as possible.
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Scottish craft brewer goes bust as lockdown and Brexit take their toll - The Scotsman
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Olympics: Kiwi hammer thrower Julia Ratcliffe smashes Oceania record on way to Olympic qualification – New Zealand Herald
Posted: at 6:09 pm
Sport
26 Mar, 2021 07:45 PM2 minutes to read
Julia Ratcliffe was the 2018 Commonwealth Games gold medallist. Photo / Photosport
New Zealand hammer thrower Julia Ratcliffe has set a stunning Oceania record on the way to claiming automatic qualification for the Tokyo Olympics.
Ratcliffe overcame another impressive performance from fierce rival Lauren Bruce to take out her sixth national title and reaffirm her position as Aotearoa's best in the sport.
Ratcliffe set the standard from round one, adding more than a metre on to her lifetime best to power the hammer out to 73.40m and comfortably beyond the Tokyo automatic standard of 72.50m.
Yet the 2018 Commonwealth Games gold medallist was not finished and in round four added a further 15cm on to that mark with a 73.55m effort 8cm in excess of the Oceania record mark set by Bruce in September 2020. That throw would have earned her a silver medal at the Athens Olympics in 2004, though the sport has come a long way in the following 17 years.
Bruce also bettered the Olympic qualification mark with a throw of 72.76m to take out the silver medal and continue her steady form this summer.
Ratcliffe was understandably pleased with her performance and said: "It feels so good to get the Olympic qualification mark off the plate and I can finally focus on building up for Tokyo.
"It was just awesome. It was like the culmination of 16 years of training with Dave (coach and father) in the crowd. In the last week or so training has been up and down, so to keep it all together was the big challenge. It was more than I could have hoped."
Two months ago in her last outing in Hastings, Ratcliffe committed three no throws so for the 27-year-old thrower to launch such a long throw in round one was a surprise given her cautious strategy.
"Because of how it went last time (in Hastings), I went in with the attitude that the first throw was my safety throw, so I focused on just getting it between the little white lines. That was my relaxed one, obviously relaxed worked for me!
"I was still in shock a bit after the first throw, but it was, yes, just keep on doing what you are doing."
26 Mar, 2021 04:00 AMQuick Read
19 Mar, 2021 08:00 PMQuick Read
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Al Shafar elected Asian Cycling Confederation President after winning coin toss – Insidethegames.biz
Posted: at 6:09 pm
Osama Ahmed Abdullah Al Shafar has been re-elected Asian Cycling Confederation (ACC) President after winning a coin toss.
The United Arab Emirates official faced the challenge of Malaysias Dato Amarjeet Singh in the Presidential election, which was held in Dubai.
Two rounds of voting were held and a candidate required over 50 per cent of votes cast in the first round to be elected.
Neither candidate passed the threshold, with a second round held to determine which candidate held a majority.
Both candidates tied on 21 votes.
Under the ACC Constitution, the outcome of the election was decided by the toss of a coin.
Al Shafar won the coin toss and will now serve a second four-year term as ACC President.
As well as the ACC, Al Shafar serves as founding president of the World Bodybuilding and Physique Sports Federation, and Honorary Life President of the Asian Bodybuilding and Fitness Federation.
He previously served as the President of the Emirates Bodybuilding Federation and is the current UAE Cycling Federation President.
The ACC Executive Committee will include Lee Li Chia of Chinese Taipei, Chinas Yuan Yuan, Irans Asghar Khaleghi, Japans Tatsuo Hayashi, South Korea's Lee Daehoon, Macau's Wong Hang Cheong, Singapore's Hing Siong Chen.
Dato Amarjit Singh was elected to the Executive Committee, along with Indias Parminder Singh, Indonesias Raja Sapta Oktohari, Malaysias Beatrice Alfred Lajawa and Thailands Decha Hemkasri.
The ACC said Bahrains Khaled Hamad Al Khalifa, Chinas Sun Weimin, Irans Mohsen Solgi and Dato Amarjit Singh will be candidates for the International Cycling Union (UCI) Management Committee later this year.
The Oceania Cycling Confederation (OCC) has also held its elections, with New Zealand's Tony Mitchell chosen unopposed as President for a four-year term during a virtual meeting.
Mitchell succeeds Australias Tracey Gaudry, who was elected to the Executive Committee alongside Fijis Patrick Keenan, Guams Eric Tydingco and Anne Gripper of Australia.
"I am honoured to be elected as the President of the Oceania Cycling Confederation," Mitchell said.
"I would like to thank the National Federations who have entrusted me with leading the continued growth and development of the OCC and cycling in our region.
"The OCC has a clear vision for developing cycling across all Federations and to expand our member base, at the core of which is enabling and inspiring people to ride.
"I look forward to working with all federations and my fellow executive members to bringing this vision to life.
"I extend my thanks and that of the OCC to outgoing President Tracey Gaudry for her leadership over the last eight years.
"During her time as President the OCC saw unprecedented growth in membership, enacted significant development activities in the Pacific Island nations, strengthened governance, grew Oceania representation across the UCI, built and sustained a strong financial base, enhanced the existing Oceania Championships and introduced new Oceania Championship and UCI sanctioned events, and improved the OCCs brand and presence.
"I also thank the Executive Committee Members and Confederation staff for their contribution to this progress."
The OCC President automatically becomes an OCC representative on the UCI Management Committee.
Oceania candidates for the second Oceania UCI Management Committee representative and voting delegates for the 2021 UCI Congress will be selected at an OCC Extraordinary General Meeting in the coming months.
"Im grateful to have played a role in the remarkable progress of cycling with the Oceania Cycling Confederation and UCI families over the past eight years and to everyone in Australia, Oceania and across the globe who has supported, guided and of course challenged me throughout to strive for important reform and progress," Gaudry said.
"However, progress is not possible without change at the right time, and its time."
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Al Shafar elected Asian Cycling Confederation President after winning coin toss - Insidethegames.biz
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A View to the Future: Oceania Cruises’ First Allura-Class Ship – World of Cruising
Posted: at 6:09 pm
Named to reflect the dawn of a new age in travel, Oceania Cruises latest ship, Vista, is set to elevate the lines luxury offering
Oceania Cruises has been on an amazing voyage of discovery since it entered the luxury cruise market in 2002. From developing a new form of elegant cruising to establishing the concept of Michelin-star food on five-star ships, the line has carved out its own niche.
Despite the global shutdown of the cruise sector, Oceania Cruises has continued with its mission of creating luxury holidays.
First, there was the impressive OceaniaNEXT initiative, a complete re-inspiration of the lines Regatta-class ships that transformed the onboard experience.
Now, the next chapter begins, as the Allura-class project transforms from idea to reality in 2023 when Oceania Cruises will welcome the latest addition to its fleet and the cruise line's seventh in total with the launch of Vista, the first Allura ship.
Announced in 2019, the new Allura ships are designed to provide even more warmth and comfort.
Vista represents more than just another vessel, however. This is all about looking to the future, perfecting a new form of luxury travel and setting the standards for which all others will follow. Vista will exemplify all the hallmarks of Oceania Cruises that you have come to expect and love.
As ever, it will feature Oceania Cruises' signature The Finest Cuisine at Sea which fuses the best ingredients and the most talented chefs to create taste sensations in every corner of the globe.
This award-winning programme transports you into a world of culinary heaven, where every recipe is meticulously crafted to evoke the true spirit of every destination you visit.
If it were possible, this will reach new heights in Vistas dramatic and glamorous Grand Dining Room, soaring almost two decks in height and paying homage to 20th-century Parisian society through its contemporary interpretation of Belle Epoque, the term given to a period of French history between 1880 and the outbreak of World War One in 1914.
With two staff members for every three guests, you can expect the finest in personal service, where no request is too much trouble for the kind and welcoming crew.
With capacity for 1,200 guests, Vista will retain the small-ship, family atmosphere found on Oceania Cruises' other ships Regatta, Insignia, Nautica and Sirena, and the 1,250-guest Marina and Riviera providing the ideal setting for a tranquil and intimate cruising experience.
What also makes Vista extra special is the promise that it will showcase a number of unique firsts for Oceania Cruises, taking your experience to the next level.
The cruise line has teased the release of what it calls nine 'additional best-in-class culinary experiences', as well luxurious signature public spaces, and spacious, lavish suites and staterooms.
While sneak-peek visuals of what guests can look forward to aboard Vista have yet to be released, you can be sure that the cruise ship will have its own inimitable style that sets the benchmark for sophistication.
More will be revealed starting in May, so there is not long to wait. Vistas inaugural voyages then open for sale in September 2021. It will be joined by a sister ship in 2025.
Vista also pays homage to Oceania Cruises' crew members, who play such a vital part in every element of your holiday.
As Oceania Cruises president and CEO Bob Binder says: 'Were continually looking over the horizon toward whats new and whats exciting.
'At the centre of all of this, we passionately seek new ways to enhance the guest experience. Oceania Cruises is an innovative and ever-evolving brand. Vista represents our view to the future.
'Our officers and crew are always bringing great new ideas to the forefront and then implementing them. More than any other part of the Oceania Cruises organisation, we owe our success to our on-board teams.
'They are the ones who made Vista possible, and it is a credit to them, these true visionaries of the seven seas, that we name the ship for them, in their honour.'
Visit oceaniacruises.com for more information.
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A View to the Future: Oceania Cruises' First Allura-Class Ship - World of Cruising
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Heres why the Oceania Healthcare (ASX:OCA) share price is falling today – The Motley Fool Australia
Posted: at 6:09 pm
Home / Share Market News / Heres why the Oceania Healthcare (ASX:OCA) share price is falling today
The Oceania Healthcare Ltd (ASX: OCA) share price is not having a great day today. Oceania shares are down 0.4% to $1.23 a share at the time of writing. Comparatively underperforming the S&P/ASX 200 Index (ASX: XJO), which is up 0.31% at the time of writing.
The current Oceania share price means that shares are now down 18% since 16 February. As well as 5.4% year to date.
Well, its been a dramatic week for this ASX healthcare share. On Tuesday morning, Oceania shares were placed in a trading halt at the request of the company. The catalyst for this halt was a proposed NZ$100 million capital raising program. As we reported at the time, Oceania was hoping to raise NZ$80 million via a fully underwritten placement from institutional investors. In addition to NZ$20 million through a non-underwritten retail offer. The possibility of an oversubscription being accepted.
The primary purpose of this capital raise was to fund an acquisition. Namely, the Waterford on Hobsonville Point retirement village in Auckland, New Zealand.
As such, Oceania shares were suspended from trading on Tuesday and returned to the markets yesterday. We also heard from the company yesterday about the success of its institutional placement. According to Oceania, the institutional placement was fully subscribed at a price of NZ$1.30 a share. According to the company, the offer was strongly supported by existing institutional shareholders and also attracted significant bids from other institutional investors.
But we also got an ASX announcement today outlining what the retail offer has in store for ordinary investors. The retail offer will be available for all existing shareholders as of 22 March. These shareholders will be entitled to apply for up to NZ$50,000 worth of new shares. The price will be the lower of either NZ$1.30 a share (or approximately $1.19 on current exchange rates), or a 2.5% discount to the five-day volume-weighted average price of Oceania Healthcare Shares traded on NZX [the New Zealand Stock Exchange] during the five NZX trading days up to, and including, the Closing Day [12 April 2021].
Investors will receive any shares applied for on on or about Friday 16 April.
Thus, its understandable that the Oceania Healthcare share price is falling today. Why would existing investors buy shares on the ASX at todays price of ~$1.23 when they can apply for more shares at roughly $1.19? This is the likely reason behind the Oceania Healthcare share price weakness today.
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Heres why the Oceania Healthcare (ASX:OCA) share price is falling today - The Motley Fool Australia
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Milestone achievement for Oceania National Olympic Committee in partnering with South Pacific Community – Fijivillage
Posted: at 6:09 pm
Milestone achievement for Oceania National Olympic Committee in partnering with South Pacific Community
President of the Oceania National Olympic Committee Dr. Robin Mitchell. (Right)
To better the lives of athletes, sportspeople and communities around Oceania, the Oceania National Olympic Committee has signed a four-year partnership with the South Pacific Community.
President of the Oceania National Olympic Committee Dr. Robin Mitchell says Oceania Sports Education Programme was first established in 2007 and with more than a decade of delivering Olympic recognise training courses to 15 Pacific Island countries, they are now taking steps to position sport as the untapped and growing sector in the region.
Mitchell says it was necessary to take stock of the impact, assessment of the events particularly if they still serve beneficiaries and to identify areas that needed strengthening or re-designed into alternative approaches in content.
He adds they have set up the new OSEPs strategy for 2021/2024 which is in line with Oceania National Olympic Committees strategic plan in cultivating regional and global partnership.
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The automotive steering system market is projected to reach USD 36.9 billion by 2025 from USD 29.3 billion in 2020, at a CAGR of 4.7% from 2020 to…
Posted: at 6:09 pm
The growth of this market is primarily driven by the increasing demand for fuel-efficient and better driving comfort vehicles. With progression in time, the COVID-19 impact has severely disrupted the supply chain for entire automotive ecosystem.
New York, March 26, 2021 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Automotive Steering System Market by Technology, EPS Type, Pinion Type, Mechanism, Components, Vehicle Type and Region - Global Forecast to 2025" - https://www.reportlinker.com/p04226793/?utm_source=GNW This has halted production facilities across the globe resulting in disruption in the exports of the automotive components.
This scenario is expected to affect automotive steering system market, as the growth of the market is directly related to the production of the vehicles.The global production of vehicle pre-COVID-19 was expected to reach from ~90-95 million units in 2020 to ~110-115 million units by 2025.
According to OICA, though global vehicle production declined by 5.2% between 2018-2019, the production outlook was supposed to showcase significant growth from 2021-2022 owing to multiple steps taken by OEMs, as well as some government, to attract customers.
Collapsible EPS is the fastest growing market, by MechanismThe steering column consists of a collapsible housing containing a collapsible rotating shaft.As a safety measure, the steering column is designed to collapse in the event of a front-end collision.
As global auto OEMs continue expanding into growing and emerging markets, the demand for collapsible steering columns is expected to increase. The market for collapsible steering column systems has been growing rapidly over the past few years due to the rising sales of passenger cars, expansion of global players in developing economies, and technological advances.
Asia Oceania is estimated to be the fastest growing market for automotive steering system marketThe regional growth can be attributed to higher production of vehicles in countries such as China, Japan, and India.Governments across the Asia Oceania region have formulated stringent safety and emission norms that are expected to increase the installation of electric power steering.
Moreover, features such as lane-keep assist, automated parking, lane changes, and the ability to guide vehicles around obstacles all make EPS an ideal choice. The strong presence of automotive steering manufacturers, such as JTEKT Corporation, NSK Ltd., Showa Corporation, and Hyundai Mobis in countries such as China, Japan, and South Korea, is expected to further drive the growth of the automotive steering system market in Asia Oceania in the coming years. These features will require more electronic installations, which, in turn, is expected to drive the automotive steering system market.
Breakup of primary respondentsThe study contains insights provided by various industry experts, ranging from equipment manufacturers, OEMs, and Tier-1 suppliers to regional associations members. The break-up of the primaries is as follows: By Stakeholder: Demand Side - 20%, Supply Side 80% By Designation: C level - 10%, D level - 30%, Others 60% By Region: North America - 20%, Europe - 20%, Asia Oceania - 60%
Nexteer Automotive Group Limited (US), JTEKT Corporation (Japan), Hyundai Mobis Co., Ltd. (South Korea), Showa Corporation (Japan), NSK Ltd. (Japan), and Robert Bosch GmbH (Germany). The study includes an in-depth competitive analysis of these key players in the automotive filters market with their company profiles, MnM View of the top 5 companies, recent developments, and key market strategies.
Research CoverageTo define, describe, and forecast the size of the automotive steering system market in terms of value and volume by component (hydraulic pump, steering column, steering wheel speed sensor, and electric motor), technology [electric power steering (EPS), electrically assisted hydraulic power steering (EHPS), and hydraulic power steering (HPS)], EPS type [column-EPS (C-EPS), pinion-EPS (P-EPS), and rack-EPS (R-EPS), pinion type (single and dual), mechanism (collapsible EPS and rigid EPS), aftermarket by components (hydraulic pump, steering column, and electric motor), vehicle type [passenger car (PC), light commercial vehicle (LCV), and heavy commercial vehicle (HCV)], Region (Asia Oceania, Europe, North America, and Rest of the World).
Key Benefits of Buying the Report:
This report provides insights with reference to the following points:Country-level market for automotive steering system by technology: The report offers in-depth market sizing and forecast up to 2025, by technology [electric power steering (EPS), electrically assisted hydraulic power steering (EHPS), and hydraulic power steering (HPS)]. The market sizing for the EPS-Type is covered at regional levels.
Market coverage by pinion type for single and dual pinion at the regional levelThe report provides Market Share of the leading players in the automotive steering system market.
Market Development: The report provides comprehensive information about lucrative emerging markets for automotive steering system market across different regions.
Product Development/Innovation: The report gives detailed insights into R&D activities, upcoming technologies, and new product launches in the automotive steering system market.Market Diversification: The report offers detailed information about untapped markets, investments, new products, and recent developments in the automotive steering system market.Read the full report: https://www.reportlinker.com/p04226793/?utm_source=GNW
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Press Release: Datacom wins New Zealand Genetec Partner of the Year Award – PRWire
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Auckland, March 24th 2021: Genetec Inc. (Genetec), a leading technology provider of unified security, public safety, operations, and business intelligence solutions has awarded Datacom 2020 Partner of the Year - New Zealand at its annual Genetec APAC awards ceremony.
Held virtually this year, the Channel Partner Awards recognised partners from each region in Asia Pacific. Other ANZ winners included Quest Security who took home Solution Innovation Partner Oceania, Park Aid Pty Ltd who won AutoVu Integrator of the Year APAC and across the Tasman, Securitas Electronic Security was awarded Partner of the Year Australia.
The awards are the first from Genetec since the company shifted to a direct relationship with System Integrators and Channel Partners across Australia and New Zealand.
George Moawad, Country Manager, Australia and New Zealand said Now we are working more closely with our partners, its even more rewarding to be able to recognise their hard work across the region. Together we are enjoying the benefits of our new direct relationship, enabling us to better understand the challenges our users face, deliver better value and ensure we can swiftly bring innovative and locally relevant solutions to New Zealand and Australia.
The full list of ANZ winners:
Solution Innovation Partner Oceania* Quest Security
AutoVu Integrator of the Year APAC* Park Aid Pty Ltd
*Oceania includes: Australia, & New Zealand
George Moawad, Country Manager, Australia and New Zealand, Genetec
--ends
About Genetec
Genetec Inc. is an innovative technology company with a broad solutions portfolio that encompasses security, intelligence, and operations. The companys flagship product, Security Center, is an open-architecture platform that unifies IP-based video surveillance, access control, automatic license plate recognition (ANPR), communications, and analytics. Genetec also develops cloud-based solutions and services designed to improve security, and contribute new levels of operational intelligence for governments, enterprises, transport, and the communities in which we live. Founded in 1997, and headquartered in Montreal, Canada, Genetec serves its global customers via an extensive network of resellers, integrators, certified channel partners, and consultants in over 80 countries.
For more information about Genetec, visit: http://www.genetec.com
Genetec Inc., 2021. Genetec, Omnicast, Synergis, Sipelia, Mission Control and the Genetec logo are trademarks of Genetec Inc. and may be registered or pending registration in several jurisdictions. Other trademarks used in this document may be trademarks of the manufacturers or vendors of the respective product.
Media contacts:Sue RalstonEinsteinz Communications for Genetec ANZsue@einsteinz.com.au0466 964 786
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