Switzerland’s AHV to invest in US, European property funds

first_imgA pooled $20m-40m (€14m-28m) US fund should have the same credentials, it said.AHV, which also manages invalidity compensation scheme IV (CHF4.7bn) and military service/maternity leave scheme EO (CHF600m), returned 2.8% last year, below the Swiss national average of 6%.As per year-end 2013, the fund had 5% invested in real estate, with 52% in mainly domestic bonds, 13% in loans and 26% in equities.The remainder was commodities (2%). AHV is looking to invest in European and US real estate on the back of below-average returns last year.Switzerland’s CHF30bn (€24.4bn) first-pillar pension fund is looking to the core and core-plus segments of both continents.An exclusively European €15m-20m pooled fund is being targeted with a maximum 50% leverage ratio.AHV is looking for stabilised, income-producing real estate assets.last_img read more

Sumner Court Docket report: Feb. 10, 2016

first_imgby Tracy McCue, Sumner Newscow — The following are a list of criminal court complaints recently filed by the Sumner County Attorney’s office.These are formal charges introduced into the Sumner County District Court system. The suspects listed in the complaint have not been tried by a judge or jury unless specified otherwise. All citizens are innocent until proven guilty in a court of law.•••••State of Kansas v. David McGinn— Case No: 15 CR 317.Date of birth: 1987. Address: Wichita. Date of alleged crime: June 13, 2014.Charges:Count 1A — Theft, level 9 felony. Count 1B — Theft by possession of property stolen by another. Case description: McGinn is accused on June 13, 2015, of stealing a 2003 Saturn, iPod Nano, and a leopard gym bag from another person living in Wellington. Allegedly, on June 14 about 1 a.m., McGinn drove the stolen vehicle to the Kansas Star Casino and left it there. Allegedly, the Saturn had been stolen and he knew about it. ———State of Kansas v. Frankie Camren — Case No: 15 CR 328.Date of birth: 1975. Address: Leavenworth. Date of alleged crime: August 28, 2014.Charges:Count 1 — Theft, level 7 felony. Case description: Camren is accuse of a theft at the 975 E. 80th St. home in Belle Plaine where he allegedly stole DVD players, Panasonic rechargeable razor, U.S. Triathlon hat, firearms including 12 gauge shotgun, 40 mm Glock handgun, 40 mm Taurus handgun and other property.———State of Kansas v. Michelle Stanley— Case No: 15 CR 346.Date of birth: 1976. Address: Oaklawn, Kans. Date of alleged crime: August 22, 2015.Charges:Count 1 — Disorderly conduct, Class C misdemeanor. Count 2 — Aggravated Assault, Level 7 felony. Case description: Stanley is accused of yelling profanities which accelerated into threats when another person refused to cook her food. She then allegedly grabbed a firearm and chambered a round as she argued about who should cook the food she had brought for dinner.———State of Kansas v. Josh Hiten— Case No: 16 CR 9.Date of birth: 1982. Address: Blackwell, Okla. Date of alleged crime: Dec. 23 – Dec. 26, 2015. Charges:Count 1 — Violating protective order, Class A misdemeanor. Case description: Hiten is accused of violating a protective order which prevented him from making any contact with another person. He had pled guilty to domestic battery of his wife and was placed in one year probation which stipulated he would have no contact with wife. Allegedly, he sent several text messages to her without permission. ———State of Kansas v. Brian Keith Love — Case No: 16 CR 15.Date of birth: N/A. Address: WellingtonDate of alleged crime: Jan. 6, 2016Charges:Count 1 — Driving under influence, third offense in lifetime. (Love was convicted of DUI with Wellington Municipal Court, July, 2009; Sumner County District Court, December, 2003). Count 2 — Driving in violation of restricted violence, misdemeanor, Count 3 — Failure to dim lights, traffic infraction. Count 4 — Failure to provide proof in insurance, Class B misdemeanor. Case description: Love is accused of  driving a vehicle while under the influence of alcohol with a blood/breath alcohol concentration of .08 or more. Love allegedly was stopped in a 1990 Oldsmobile passenger car on U.S. 81 without dimming his lights for incoming vehicles. He also allegedly did not conform to the rules of a restricted driver’s license saying he can’t operate a vehicle while consuming alcohol. He also had no insurance. ———State of Kansas v. Kevin Michael Rayburn— Case No: 16 CR 16.Date of birth: 1977. Address: Houston, Texas.Date of alleged crime: Jan. 8, 2016Charges:Count 1 — Identity fraud, level 8 felony. Count 2 — Identity theft, level 8 felony. Count 3 — Forgery, level 8 felony. Case description: Rayburn is accused of presenting a blank check at the Kansas Star Casino with an account of another person. He allegedly told casino authorities he was sharing the account, but it was later learned that the account holder did not know him. He then allegedly wrote a check out for $250 falsely stating he was co-owner of the account.———State of Kansas v. Eric Taton— Case No: 16 CR 17.Date of birth: 1976. Address: Goddard, Kans.Date of alleged crime: Dec. 31, 2015Charges:Count 1 — Defective windshield, traffic infraction. Count 2 — Driving while suspended, Class B misdemeanor. Count 3 — Possession Marijuana, Class A misdemeanor.Count 4 — Possession drug paraphernalia, Class A misdemeanor. Case description: Eaton is accused of driving a  vehicle with a defective windshield in the Kansas Star Casino parking lot. He also did not have a valid driver’s license and allegedly possessed a small amount of marijuana in a pill container, hypodermic syringes, a glass pipe and two metal spoons in the vehicle. ———State of Kansas v. Eric Bickel— Case No: 16 CR 18.Date of birth: 1971. Address: Wellington.Date of alleged crime: Jan. 4, 2016Charges:Count 1 — Aggravated indecent liberties with a child, level 4 felony. Case description: Bickel is accused of engaging with a child 15 years of age in a sexual manner.———State of Kansas v. Shawna Scarpelli— Case No: 16 CR 19.Date of birth: 1977. Address: Goddard.Date of alleged crime: Dec. 31, 2015Charges:Count 1 — Possession drug paraphernalia, Class A misdemeanor. Case description: Scarpelli is accused of possessing a red straw containing methamphetamine, two glass pipes in her coat pocket, a tourniquet, a glass pipe and metal spoons.———State of Kansas v. Christopher Speckhals— Case No: 16 CR 20.Date of birth: 1988. Address: Wichita.Date of alleged crime: Jan. 11, 2016. Charges:Count 1 — Driving while suspended, Class B misdemeanor. Count 2 — Defective mirror, traffic infraction. Count 3 — Possession methamphetamine, level 5 drug felony. Count 4 — Possession drug paraphernalia, Class A misdemeanor.Case description: Speckhals is accused of driving on U.S. 81 near the Kansas Star Casino while his driver’s license was suspended, not having a mirror on the left side of the vehicle, having a small baggy of methamphetamine in his wallet, and a small red straw and small blue baggie containing meth.———State of Kansas v. Eric Wise— Case No: 16 CR 21.Date of birth: 1977. Address: Hutchinson.Date of alleged crime: Jan. 12, 2016. Charges:Count 1 — Fraudulent use of driver’s license, Class A misdemeanor. Count 2 — Interference of law enforcement, Class A misdemeanor. Count 3 — Possession methamphetamine, level 5 drug felony.Count 4 — Possession marijuana, Class A misdemeanor. Count 5 — Identity theft, level 8 felony. Case description: Wise is accused of using someone else’s driver’s license to gain entry into the Kansas Star Casino and tried to hide his true identity from the security officer working there. He then allegedly used another false name to hide his true identity because he had an active arrest warrant from Reno County. He also allegedly had a baggy of marijuana in his shaving kit in his motel room and a check to someone else in hopes of receiving benefits for which he was not entitled. ———State of Kansas v. Jason Sobel— Case No: 16 CR 22.Date of birth: 1974. Address: Wichita.Date of alleged crime: Jan. 12, 2016. Charges:Count 1 — Forgery, Level 8 felony. Count 2 — Identity theft, level 8 felony. Count 3 — Making false information, level 8 felony. Count 4 — Theft by deception, Class A misdemeanor. Case description: Sobel is accused of using a fictitious name to endorse a $773.12 check in order to obtain merchandise from Orscheln’s in Wellington on an account of another person. He also allegedly had a driver’s license with the same fictitious name. ———State of Kansas v. Bradley Allyn Braun — Case No: 16 CR 23.Date of birth: 1979. Address: Wichita.Date of alleged crime: Jan. 17, 2016. Charges:Count 1 — Theft, Class A misdemeanor. Count 2 — Interference with law enforcement, Class A misdemeanor. Count 3 — Making false information, level 8 felony. Case description: Braun is accused of taking Wal-Mart merchandise including two Dyson Vacuums and a Boss car stereo receiver without paying for them. When apprehended, he was accused of not using his true name to the police officer. ———State of Kansas v. Javier Ignacio Nunez-Concha — Case No: 16 CR 25.Date of birth: 1979. Address: Wichita.Date of alleged crime: Jan. 17, 2016. Charges:Count 1 — Criminal trespass, Class B misdemeanor. Count 2 — Possession methamphetamine, level 5 drug felony. Count 3 — Possession drug paraphernalia, Class A misdemeanor. Case description: Nunez-Concha is accused of going into the Kansas Star Casino when he had been banned indefinitely for using a false ID on a previous case. He allegedly possessed two small bags of methamphetamine in his pocket and had two glass pipes. ———State of Kansas v. Brian Evans — Case No: 16 CR 26.Date of birth: 1979. Address: Wichita.Date of alleged crime: Jan. 17, 2016. Charges:Count 1 — Failure to wear seatbelt, traffic infraction. Count 2 — Possession marijuana, Class A misdemeanor. Count 3 — Possession drug paraphernalia, Class A misdemeanor. Case description: Evans is accused of not wearing his seatbelt, having two baggies of marijuana in a glass jar under the front passenger seat where he was sitting, and having two marijuana pipes. ———State of Kansas v. Regina Brittain — Case No: 16 CR 27.Date of birth: 1955. Address: Wichita.Date of alleged crime: Jan. 17, 2016.Charges:Count 1 — Theft, Class A misdemeanor. Count 2 — Interference with law enforcement, Class A misdemeanor. Count 3 — Possession drug paraphernalia, Class A misdemeanor. Count 4 — Possession narcotics, level 5 drug felony. Case description: Brittain is accused of taking Dyson vacuums and a stereo speakers from Wal-Mart by providing Braun (listed above) with transportation. She is also accused of helping Braun misidentify himself to a police officer once apprehended. She also allegedly had three smoking pipes, morphine tablets, oxycontin tablets and hydrocodone capsules in her purse without having a prescription in her name. ———State of Kansas v. Mandy Ferguson — Case No: 16 CR 28.Date of birth: 1989. Address: Geuda Springs.Date of alleged crime: Jan. 24, 2016.Charges:Count 1 — Domestic battery, Class B misdemeanor. Count 2 — Disorderly conduct, Class C misdemeanor. Case description: Ferguson is accused of slapping another individual. She was allegedly upset because her boyfriend had a Facebook contact with another girl and pursued him into another room when he tried to separate himself from the argument. She allegedly used abusive language at him and proceeded to break the lightbulb in a lamp by slamming it against the wall and then repeatedly slapping him. ———State of Kansas v. Corey Jennings — Case No: 16 CR 29.Date of birth: 1974. Address: Geuda Springs.Date of alleged crime: June 7, 2015Charges:Count 1 — Burglary of a dwelling, level 7 felony. Count 2 — Theft, Class A misdemeanor. Case description: Jennings is accused of entering a building at 203 W. Walnut in Geuda Springs and taking a 32-inch Vizio TV.———State of Kansas v. Heather Meridith — Case No: 16 CR 30.Date of birth: 1973. Address: Wellington.Date of alleged crime: Jan. 31, 2016.Charges:Count 1 — Disorderly Conduct, Class C misdemeanor. Count 2 — Criminal damage to property, Class B misdemeanor. Case description: Meridith is accused of getting upset, yelling and slamming the front door and causing a disturbance with another person, who locked the door in hopes she would stop slamming it. She is then accused of kicking the door repeatedly putting dents in it. ———State of Kansas v. Kristina Rae Leonard — Case No: 16 CR 32.Date of birth: 1967. Address: Wellington.Date of alleged crime: Nov. 15, 2015.Charges:Count 1 — Forgery, level 8 felony.Count 2 — Conspiracy to commit forgery, level 10 felony. Case description: Leonard is accused with defrauding a landlord by altering the name on a lease by using a different name not her own. She then allegedly presented the altered lease to the Wellington City Electric Department to obtain electric service knowing she could not use her own name due to a prior unpaid bill. She allegedly agreed with another person, Justin Altis, to commit the crime of forgery by whiting out her signature on the lease and Altis signed the lease as if he were the renter for Leonard when presenting the altered lease to the city to obtain electric service. ———State of Kansas v. Jesse Henderson — Case No: 16 CR 33.Date of birth: 1953. Address: Wellington.Date of alleged crime: Dec. 12, 2015.Charges:Count 1 — Criminal damage to property, level 9 felony. Count 2 — Aggravated battery, level 7 felony. Count 3 — Assault, Class C misdemeanor. Case description: Henderson is accused of striking another person’s truck several times with his cane causing dents and breaking the window trim doing damage of about $2,075.  He then allegedly hit the same person with the cane. Later, he approached the same person again and took another swing at him.———State of Kansas v. Bobbi Santana — Case No: 16 CR 35.Date of birth: 1984. Address: Currently in Sedgwick County Jail. Date of alleged crime: Jan. 26, 2016.Charges:Count 1 — Theft, level 9 felony. Count 2 — Conspiracy to commit felony theft, level 10 felony. Case description: Santana is accused of taking a 2008 Chevy HHR vehicle and softball equipment intent of depriving the owner permanently of the possession valued at least $1,000 but less than $25,000. Santana, along with another person, allegedly entered the vehicle parked at the house in Wellington and drove it to Wichita. She was arrested in Sedgwick County while the vehicle was still in her possession. ———State of Kansas v. Zechariah Levi Voshell — Case No: 16 CR 37.Date of birth: 1989. Address: Wellington.Date of alleged crime: August 12-14, 2012Charges:Count 1 — Theft, Class A misdemeanor. Count 2 — Burglary of vehicle, level 9 felony. Count 3 — Theft, Class A misdemeanor. Count 4 — Burglary of vehicle, level 9 felony.Count 5 — Theft, Class A misdemeanor. Case description: Voshell is accused of taking a 20-inch green Next Brand bike at the 1102 W. Harvey St. in Wellington. Then on Aug. 14, he allegedly took a vehicle and an ipod at 503 Morningside in Wellington. Sometime between Aug. 3 and Aug. 16, 2012 he allegedly took a lighter inside a black Ford Escape parked at 903 E. Mill St. in Wellington.———State of Kansas v. Kevin Kollmorgen — Case No: 16 CR 38.Date of birth: 1991. Address: Wellington.Date of alleged crime: February 7, 2016Charges:Count 1 — Domestic Battery, Class B misdemeanor.Count 2 — Battery, Class B misdemeanor. Count 3 — Battery, Class B misdemeanor.Case description: Kollmorgen is accused while being intoxicated, angrily pushing and punching a woman who was trying to help him up after he fell out of his chair. Allegedly, shortly thereafter he angrily hit her with an alarm clock as she was escorting him to the bedroom. He then allegedly angrily pushed and punched a 16-year-old girl, who was also helping him to the bedroom. Then when his grandfather tried to calm the situation he allegedly angrily pushed him to the floor.———State of Kansas v. Marc Wynn — Case No: 16 CR 39.Date of birth: 1973. Address: Geuda Springs.Date of alleged crime: January 29, 2016Charges:Count 1 — Domestic Battery, Class B misdemeanor. Count 2 — Assault, Class C misdemeanor. Case description: Wynn is accused of angrily grabbing a woman and forcefully placing her on the bed as he was yelling at her. She was allegedly coming off of back surgery and was afraid when Wynn forcefully pushed her that she would re-injure her back.last_img read more

Hurst, Dolan head to state championships

first_imgExperience will be key for both Katie Hurst and Lizzie Dolan this weekend, as they bid to close out the track and field season on a high.The two Humboldt-Del Norte League standouts will make the trip to Clovis for the CIF State Track and Field Championships, one of the most prestigious prep meets in the nation.Each, however, has been there before, and that experience could mean something when the competition gets under way today.Hurst, in fact, is making her third trip to the meet, having …last_img read more

Evolution Is Slow, Except When It Is Super-Fast

first_imgEvolutionary biologists seem comfortable with rates of evolution that vary by eight orders of magnitude or more.  While some animals found at the alleged dawn of multicellular life at the beginning of the Cambrian have changed little in 500 million years, other organisms seem to evolve right before our eyes.  Sara Goudarzi on LiveScience described one recent instance as evolution in a “heartbeat” or a “nanosecond” compared to usual rates of change.  It involves a species of mussels exposed to an invasive crab in New England waters.  The mussels apparently responded to the new predator by growing thicker shells.  The mussels had not seen this crab in North American waters before, but according to James Byers [U of New Hampshire], co-author of a paper in Science,1 “the mussels’ wheels were well-greased to respond” and evolved to fit the new situation.  “That’s our best guess,” he said.1Freeman and Byers, “Divergent Induced Responses to an Invasive Predator in Marine Mussel Populations,” Science, 11 August 2006: Vol. 313. no. 5788, pp. 831-833, DOI: 10.1126/science.1125485.This is not really evolution – only variation – because it involves one species of mussel.  It makes sense that only variations able to resist the attack of the crabs will remain, because all the others will be victimized.  This process is not controversial even among the most ardent creationists.  Evolutionists, though with their personifying language, make it seem like the mussels organized their defensive strategy with intelligent planning.  The real value of this story is in pointing out the flexibility of Charlie Gumby.    Evolution produces fast predators and prey, except when it produces slow ones.  It leads to bigger individuals, except when it prefers smaller ones.  It generates colorful birds and dull ones, birds that can fly faster and farther, and birds that lose flight altogether.  It makes tasty fruit to attract animals and poisonous fruit to repel them.  Males are explained to be both smart or dumb by evolutionary theory; females are choosy but really driven by their hormones.  Altruism is really disguised selfishness, but selfishness leads to the overall good.  Through evolution emerge showy patterns and camouflage, opacity and transparency, attraction and repulsion, loudness and quietness, high body mass and low density, change and stasis, group behavior and solitude, and opposite strategies for survival.  Since evolutionary theory is jack of all trades, it is master of none.  Some would not even honor such a slippery concept with the rank of jack.  Joker, maybe.(Visited 9 times, 1 visits today)FacebookTwitterPinterestSave分享0last_img read more

Evo-Giants Battle Over Evo-Love

first_imgRichard Dawkins and E. O. Wilson, both atheistic evolutionists, are at odds over the evolution of unselfish love (altruism).  Wilson attributes it to a revised form of group selection; Dawkins to individual selection (the basis of his “selfish gene” theory).    Evolutionists see no difference between the “eusociality” in insect colonies, in which individuals sacrifice themselves for the good of the colony, and human patriotism.  Wilson wrote up a survey in the journal Bioscience that questioned the traditional kin selection theory, according to EurekAlert.  Many considered group selection a dead issue.  Wilson himself admitted that “If you look at the literature of the theory, there are a lot of impressive-looking mathematical models but they scarcely ever come up with a real measure of anything that can be applied to nature.”  In his article, he came up with a revised model of kin selection to explain altruism.    This has not pleased Richard Dawkins, according to an article in the UK Independent.  Dawkins thinks Wilson’s new approach is misleading and vacuous.  To Dawkins, kin selection is just an artifact of individual selection.  Wilson has fallen into a trap of misunderstanding natural selection at the gene level.  The rhetoric between these two giants among evolutionary theorists got heated when Dawkins said, “Evidently Wilson’s weird infatuation with ‘group selection’ goes way back; unfortunate in a biologist who is so justly influential.”    Wilson stood his ground in the battle royale: “I am used to taking the heat, and in the past I turned out to be right,” he said.  Evolutionary theory has had particular trouble with explaining why humans will sacrifice for other people they don’t even know, or for animals.Maybe they would learn more about altruism by practicing it.  It might dawn on them that it could not have evolved.  Give up the weird infatuation with evolutionary theory, gentlemen; you both know that your impressive-looking mathematical models scarcely ever come up with a real measure of anything that can be applied to nature.  Who said that?(Visited 6 times, 1 visits today)FacebookTwitterPinterestSave分享0last_img read more

Avid Media Composer to Add Subscription Option

first_imgAvid recently announced a subscription option for Media Composer is coming.One of the less buzz-worthy stories from NAB 2014 was Avid’s unveiling of a new subscription based licensing plan for Media Composer. Up to this point in the company’s life, Avid has made the majority of their money from outright lifetime licenses. For the end-user these licenses can get rather costly as a single perpetual license starts at $999.00.Avid states that subscription based software will allow editors to pay for the software only when they need it. But perhaps more importantly a company with multiple editing bays can deactivate certain softwares as clientele expands or contracts. This move is most assuredly a response to the growing success of Adobe’s Creative Cloud, but offering perpetual licenses and subscription based licenses would make Avid unique.What’s Included with Avid Subscription?With each subscription users will have access to Media Composer with the Symphony Option, NewBlue Titler Pro 2, Sorenson Squeeze Lite, Boris Continuum Complete Lite, and iZotope Insight. Along with the software each subscriber will be given access to Avid Support which provides unlimited web and email support, and the option to call Avid once a month with troubleshooting questions. Standard support also gives editors access to the Avid video library, knowledge base and community pages.Pricing and AvailabilityAvid promises that the subscription based software will cost less over time. Users have two subscription options, Yearly and Monthly. The yearly option is $599 a year which equals $49.99 a month. However, for those who sign up for a yearly membership in 2014, Avid is offering a $120 discount which equates to $39.99 for the first year only, then the standard $599/annual applies. For those who want to pay per month the cost is $74.99. Avid also offers a lot of other options regarding support for an additional fee per month/year.Avid’s website states that the latest version of Media Composer with subscription options is coming soon, but no date announced as of yet.. You can sign up to be notified when it becomes available and get more info on the pricing options in this PDF.What do you think of Avid Media Composer offering licensing? Share in the comments below.last_img read more

Microsoft Xbox One to launch on Sept 23 for Rs 39,990, comes with voice support

first_imgMicrosoft on Wednesday announced that its Xbox One console would come to India on September 23. It will be sold at a price starting Rs 39,990. The Xbox One will be exclusively available via Amazon.in. Consumers can pre-order the console starting August 6.  Starting September 1, Microsoft will remove all Xbox-related products, including the Xbox 360, from brick-and-mortar shops in the country. The company said that all Xbox-related hardware and software (games) will be available only on Amazon.in.  Microsoft will also sell the Xbox One Kinect bundle for Rs 45,990.Xbox One will be exclusively available via Amazon India.The Xbox One will be available with five first-party games — Dead Rising 3, Forza 5 GOTY Edition, Killer Instinct, Kinect Sports Rivals, Ryse : Son of Rome. Microsoft said that third-party games for Xbox, like Titanfall and Tomb Raider that are already available in the global market, will also be available in India with the new console.The decision to go with Amazon-only sale is interesting for Microsoft given that a lot of consumers in India still buy their games and gaming consoles from electronics stores in the country. However, Anshu Mor, who heads the Xbox division in India, believes that it is the right decision.”Amazon for us is a great partner in many ways. They do everything for consumers and that’s the kind of experience we want to give to our fans for both the Xbox 360 and the Xbox one. In the actual stores I can do very little to explain to someone what Halo is,” said Mor. “(On an Amazon webpage) the consumer will get a full view of what we are offering. We have planned a lot of fan engagement and campaigns with Amazon. We will also make sure our consumers get to experience the consoles offline but we will not sell them in the retail channel.”advertisementMor contends that logistically the online model is better for Microsoft.”In retail our ability to provide a delivery experience was not there. Now, there are options for me to provide you a better delivery experience,” he said.Samir Kumar, director (category management) at Amazon India, said the company was “excited to be the partner of choice for Microsoft’s entire Interactive Entertainment Business portfolio in India”.”We are the fastest growing eCommerce platform in the country today and this partnership is a validation of the faith customers and sellers place on our brand,” said Kumar.Consumers who pre-order the Xbox One will get a copy of Fifa 2015 for free. People who have the Kinect bundle will get a copy of Fifa 2015 and Dance Central Spotlight for free. In addition, the first 1000 customers will get special offers worth Rs 10,000, including Rs 3000 discount on purchase of a second Xbox One controller, Amazon.in gift cards worth Rs 1,500, 2 Blu-ray movies (The Amazing Spiderman 2 and Captain America: The Winter Soldier), Rs 2,000 discount on a selected range of speakers and Rs 1,000 discount on a selected range of backpacks.In India, Microsoft will offer voice support in the Xbox One, allowing consumers to control the console through voice commands. The Xbox One controller will cost Rs 3,999. The price for the Kinect for Xbox will be announced next week.The Xbox One will face challenge from Sony’s PlayStation 4, which was launched in India in January. PlayStation 4 is available on online sites like Amazon.in and Flipkart.com as well as in offline stores.Mor believes the late entry in India is not a problem for the Xbox One. “The delay will not have a dramatic impact on the market size for us. There are some hardcore Xbox fans who would just wait. It’s also important to understand we are trying to create a market out here. The market for gaming products in India is not very large,” he said.He added the Xbox One was coming to India with a better portfolio of games than its rival.Microsoft is also bringing exclusive content with the Xbox One to India. The lack of local content was earlier cited as a reason for the late launch of the Xbox One in India. Without going into specifics Mor revealed Microsoft was working with 10 content creators for local content. “There are four areas we are looking at – movies, music, sports and education. We are trying hard to bring a few (content-related) apps at launch. But if not on the day 1, they will launch soon,” he said.Reddigton remains Microsoft’s distributor for the Xbox One and Xbox 360.Follow writer on Twitter @DigitallyBoneslast_img read more

25 days agoSimeone happy with progress of his new-look Atletico Madrid

first_imgSimeone happy with progress of his new-look Atletico Madridby Carlos Volcano25 days agoSend to a friendShare the loveAtletico Madrid coach Diego Simeone is happy with the progress of his new-look team.The Argentine is confident that the young signings such as Renan Lodi and Joao Felix will improve with time.”It is clear that since we renewed for the club we understood the changes that were going to be made,” Simeone told the press.”Hopefully time will allow the youngest players [such as] Lodi and Joao Felix to improve.”With time and matches they will be better.”Patience only respects those who win.” About the authorCarlos VolcanoShare the loveHave your saylast_img read more

Jamaica Benefits from Petro-caribe Arrangement

first_img Chief Executive Officer of the Petro-Caribe Development Fund, Dr. Wesley Hughes, made the announcement while speaking at a ceremony held yesterday (September 6) at the Simón Bolívar Cultural Centre, 10-12 North Parade, Kingston, for the 203rd anniversary of the Jamaica Letter written by Venezuela’s Liberator, Simón Bolívar, in 1815. She said it outlined the successes of the region in the struggle for freedom, presented justifications for independence and stressed the need for regional integration. Story Highlights He said the Letter demonstrated that Simón Bolívar understood that social and political organisations had to be based on national foundations and must be inclusive of all classes of the people who lived in those societies. The PetroCaribe arrangement has resulted in the financing of projects worth US$5 billion over the past 13 years.Chief Executive Officer of the Petro-Caribe Development Fund, Dr. Wesley Hughes, made the announcement while speaking at a ceremony held yesterday (September 6) at the Simón Bolívar Cultural Centre, 10-12 North Parade, Kingston, for the 203rd anniversary of the Jamaica Letter written by Venezuela’s Liberator, Simón Bolívar, in 1815.The event was organised by the Simón Bolívar Cultural Centre, in collaboration with the Embassy of the Bolivarian Republic of Venezuela.Dr. Hughes said the contribution of the Fund to Jamaica has been “meaningful and significant”.He said the PetroCaribe Development Fund, which has a mandate to strengthen national capacity in the areas of human capital, culture, infrastructure and the environment, had established the Simón Bolívar Cultural Centre as an important vehicle in strengthening the friendship between Jamaica and Venezuela.Reflecting on the Jamaica Letter, he said it has had a “long-lasting impact on Venezuela and on all of Latin America, and I dare say the Caribbean”.He said the Letter demonstrated that Simón Bolívar understood that social and political organisations had to be based on national foundations and must be inclusive of all classes of the people who lived in those societies.“Today, 203 years later, we stand here, a few metres from where Simón grappled with the ideas of nationhood, independence and national identity and how leaders should relate to their citizens,” he added.In her remarks, Under-Secretary, Bilateral, Regional and Hemispheric Affairs, Ministry of Foreign Affairs and Foreign Trade, Ambassador Alison Stone-Roofe, said the Letter came at a critical juncture in the liberation struggles of Latin America.She said it outlined the successes of the region in the struggle for freedom, presented justifications for independence and stressed the need for regional integration.“It is, therefore, quite fitting for us today, on this anniversary of the Jamaica Letter, to highlight those principles which Bolívar so fervently embodied and exemplified throughout his lifetime,” she said.Other speakers at the event were Chargé d’Affaires of the Embassy of the Bolivarian Republic of Venezuela in Jamaica, Luisa Gutierrez; Executive Director of the Institute of Jamaica, Vivian Crawford; and Centre Manager, Simón Bolívar Cultural Centre, Nadine Boothe-Gooden.last_img read more