Big Ten play brings new challenge for Buckeyes

The Ohio State football team’s season changes Saturday as it enters Big Ten play against Illinois. “It’s going to be a battle every week,” defensive lineman Cameron Heyward said. “The Big Ten is very physical, very smash-mouth, and we have a lot we have to improve on if we want to be Big Ten champions.” If the team accomplishes that goal, it will win a record sixth-straight Big Ten crown. The significance is not lost on the players. “It’s the Big Ten,” wide receiver DeVier Posey said. “It means a lot and we take that very seriously in the locker room and very seriously around the Woody (Hayes Athletic Center).” With the start of Big Ten play also comes the first road game for OSU. “It’s exciting to go on the road,” Coach Jim Tressel said. “We lose many of the advantages we’ve had for the last four games … but our guys like challenges and I think they’re anxious to get on the road.” Some players emphasized the importance of focus in games away from the Horseshoe. “It’s just a matter of going in, knowing that things might be a little different in preparation, but when we get on the field it’s going to be the same,” kicker Devin Barclay said. Others pointed to the importance of experience and leadership. “We have a veteran group, so you know we have guys that have traveled before,” Posey said. “I feel like Coach Tressel and the coaching staff have done a great job preparing us for all types of elements.” Lack of preparation might have been a factor in the Buckeyes’ only Big Ten loss last season against Purdue in West Lafayette, Ind. OSU entered that game ranked No. 7 in the country and lost 26-18 to the unranked Boilermakers. “We won’t talk about Purdue,” Tressel said. “You would hope those (players) … would still have the understanding very deep in their soul that you better be prepared when you’re on the road.” Whether at home or on the road, the team knows every game in the Big Ten is important. “With the Big Ten coming, you can’t take nothing for granted,” running back Jordan Hall said. “One slip and our dreams are gone.” Coaches and players are looking forward to the challenge. “Now we’re just getting ready to start the rough period, and that will really determine if we can maintain,” Tressel said. “I feel confident we can, but we’ll have to see.” Quarterback Terrelle Pryor is excited about tackling the difficult task ahead. “The fun starts this week,” he said. read more

Ohio State football considering moving some fall camp practices off Woody Hayes

The Ohio State football team is considering moving some of its fall camp practices away from the Woody Hayes Athletic Center. Athletic department spokesman Jerry Emig confirmed to The Lantern that while nothing is definitive, a move to an off-site location is being considered. “I’m not sure exactly of the location, though,” Emig said. The Buckeyes’ first fall camp under coach Urban Meyer is slated to begin held Aug. 3, just less than a month before the team’s first game against Miami (Ohio). read more

Textile secretary inaugurates IHGF Fair

first_img45th edition of IHGF-Delhi fair, world’s largest handicraft, and gifts fair, was recently inaugurated at India Expo Centre and Mart, Greater Noida .The fair, which is being held from February 23 – 27, was set open by Anant Kumar Singh, Secretary, Textiles, Ministry of Textiles. Apart from Singh, Nicolette Naumann, Vice President, Messe Frankfurt, Radhey Shyam Ranga, President fair, O.P. Prahladka, Chairman – EPCH, R.K. Passi, Sagar Mehta, Vice Chairmen-EPCH, Rakesh Kumar, Executive Director – EPCH, members of committee of Administration of EPCH, exporters, overseas buyers as well as press and media were present during inaugural ceremony. Also Read – Add new books to your shelfWhile speaking on the occasion Anant Kumar Singh said, “Handicrafts sector plays a significant and important role in the country’s economy. It provides employment to a vast segment of craft persons in rural and semi urban areas and generates substantial foreign exchange for the country while preserving its cultural heritage. Handicrafts have great potential as they hold the key for sustaining not only the existing set of millions of artisans spread over length and breadth of the country but also for the increasingly large number of new entrants in the craft activity.” Also Read – Over 2 hours screen time daily will make your kids impulsiveSingh further elaborated that Ministry has implemented various projects in providing assistance to the craftspersons and exporters. The growth in exports ultimately results in the generation of employment in this decentralized sector.Singh also appreciated the efforts of ‘Export Promotion Council for Handicrafts’ for creating such a marketing platform in the form of IHGF-Delhi fair for the handicrafts sector.Sharing his experience during his visit to Ambiente 2018 in Frankfurt, he said that the products displayed by more than 400 handicrafts exporters were not less than the best in the world. He further added, “Messe Frankfurt has declared India as a partner country for Ambiente 2019 and I am confident that EPCH will not leave any stone unturned towards putting up a good show at Ambiente 2019.” While welcoming the Chief Guest, O.P. Prahladka said that the handicrafts exports during the year 2016-17 were Rs.24,392.39 crores with overall 13.15% increase in comparison to last year. However, the exports of handicrafts during 10 months of the current financial year 2017-18 is Rs.19,862.19 crores.Prahladka further elaborated that 14 product categories of houseware, home furnishing, furniture, gifts and decoratives, Christmas and festive décor, fashion jewellery, and accessories, Spa and wellness, etc is the USP of 2000 styles on display under roof by Indian exporters only. Rakesh Kumar, Executive Director – EPCH said that the overseas buyers from over 103 countries including Argentina, Austria, Belgium, Brazil, China, Italy, and many more are visiting the five days extravaganza.Kumar also elaborated that EPCH in its efforts to bring hidden treasures from different craft clusters has set up theme pavilions of products from Jammu and Kashmir, North Eastern Region, and Jodhpur during the show.last_img read more

Sharing is contagious

first_imgWhile we have always heard that sharing is caring, a new study has shown that an individual’s tendency to be generous depends on how much people around him or her are sharing.The findings showed it is not that people, who like to share, choose to live with those having same habits. Rather, they adapt their own sharing tendencies so as to match that of the group they currently live in.In other words, sharing, being contagious, is driven by local group norms and behaviour and not individual generosity. Also Read – Add new books to your shelf”We were surprised to find that people do not have a stable tendency to cooperate and are instead influenced by those around them,” said Coren Apicella from the University of Pennsylvania.”If you find yourself surrounded by selfish people, you don’t necessarily have to find a new crowd, but by being generous yourself, you can get others to be generous as well,” added Kristopher Smith, from the University of Pennsylvania.The study, published in Current Biology, is based on Hadza hunter-gatherer people in Tanzania. Also Read – Over 2 hours screen time daily will make your kids impulsiveDuring the study, the team visited 56 camps in Tanzania over six years. They asked nearly 400 Hadza adults to play public goods game where, instead of money, they were asked to consider sharing straws of honey, their favourite food.Each person started with four straws, which they could put toward the whole group or not. The honey straws contributed to the group got tripled.The results revealed that Hadza individuals living in certain camps were consistently more generous than others were. Moreover, individuals behaved differently over time, modifying their behaviour to match the norms of the camp they were currently living in.”We found that year after year, willingness to share with others clustered within residence groups or what we call ‘camps,'” Apicella said.last_img read more

Is one mans terrorist another mans freedom fight

first_imgIs one man’s terrorist another man’s freedom fighter? Maybe so, but one of the two is a really stupid man! Are all uses of violence equal? Are we really to believe that we can’t tell the difference between a suicide  bomber and a man who defends his children from a kidnapper-killer? Someone who kills people he never met, not because they ever did anything to him, but because it will generate fear and attention – that man or woman is a… YES, a terrorist! A man who pulls out a shotgun and kills a maniac who is shooting kids in a school is a freedom fighter. Or, as they used to say in the old days, a savior. Freedom Fighter or Terrorist? Can you tell the difference? If not, you’re just not trying. And if you can, you are clearly saying that the slogan is false! Are you really too intimidated to say that a suicide bomber blowing up a bus is evil? “But,” some will say, “what about the man whose city is occupied by abusive soldiers? Isn’t he a freedom fighter if he fights to get free of them?” Sure! He’s a freedom fighter if he fights the actual invaders; that is, if he fights against the invading soldiers. But he’s NOT a freedom fighter if he blows up school kids. Do you really need me to spell this out for you? And another objection: “What about soldiers? What if they’re sent illegally, blah, blah, blah?” (Usually involving intimidating levels of emotion.)  If a soldier fights other soldiers, he is not a terrorist. If he kills civilians, intending to cause fear, he is a terrorist, the same as anyone else. Wearing a uniform does not excuse terrorism. Then, of course, is the issue of collateral damages. That is, civilians being accidentally killed during a war. And a legitimate issue it is! Collateral damage is a horrible thing. This is precisely why war stinks! We’ll deal with necessity of war another day, but war is always ugly, and innocent people always get killed. Heck, there are always double-digit percentages of friendly-fire deaths! But, that said, to call a soldier a terrorist over this is ignorant – if he has no intent to terrorize, he is not a terrorist. He may not be acting in the best possible way, but “terrorist” has a particular meaning. Innocent people die during wars because armies lack the ability to discriminate. That’s horrible, but no alternative exists. Every time there is a war, innocent people will die. That makes the initiation of war an immensely serious thing, but it does not make a soldier a terrorist. If you really can’t tell the difference between terrorist or freedom fighter, you’re just not trying. Paul Rosenberg [“Freedom Fighter or Terrorist?” is an excerpt from Paul Rosenberg’s book, Mindless Slogans – 101 Cheap Substitutes for Actual Thought]last_img read more

In This Issue MarketWatch says rate hike is o

first_imgIn This Issue. * MarketWatch says rate hike is on the docket! * PBOC cuts rates 25 Basis Points. * BCB hikes rates 25 Basis Points. * ANZ deep sixes kiwi. And Now. Today’s A Pfennig For Your Thoughts. Did The BLS Really Adjust Jobs That Much?. Good day.. And a Marvelous Monday to you! For those of you who are lucky and still have their mom around, I sure hope that you all got a chance to hug your mom and tell her you love her yesterday. And for those of us that have lost our mom, well, we stopped and closed our eyes, and said “bless you mom”.  The day here turned out just swell, that is until early evening when the rain returned, but for the most part of the day, it was beautiful, as it should be on Mother’s Day! The late, great Dan Fogelberg greets me this morning with his song: Aspen/ These Days. A very symphonic beginning to the song, that’s the perfect music to start one’s morning!  Well, the BLS had their say on Friday at the Jobs Jamboree, telling the world that the U.S. Job Creation for April was 223,000.  Ahem. What they failed to tell the world, is that after their surveys were finished, they took it upon themselves to add 213,000 jobs so they could reach 223,000!  Yes, in a time when small business deaths are greater than births, the BLS saw to it that they ignored that, and added 213,000 jobs out of thin air!  Now. riddle me this Batman.  How does a jobs report that was basically “made up” give an indication that the Fed was correct that the bad data for the last 6 months was only “transitory”?   What’s that you say? It doesn’t? That’s it Batman! You found the answer to the riddle!  Now, if only the markets would see it that way. I have a feeling that the markets did kind of see it that way on Friday, for the dollar which was already up against most currencies going into the Jobs Jamboree, remained in a tight range the rest of the trading day. Gold couldn’t find a bid that would take it higher, and the euro actually recovered a couple of shekels on the day. In the overnight markets and into this morning, Traders are seeing things differently, as the dollar is up against most currencies and metals, with only the Brazilian real and Chinese renminbi / yuan carving out gains VS the dollar. So, I guess in the end, according to publications like MarketWatch, and other dealer research papers, this jobs report gives the Fed the green light to hike rates next month. And therefore we have dollar strength to deal with today.   Memo to the dollar bugs. They had better be careful running so far and fast with the dollar ahead of the June Fed Meeting, as there is still a truckload of data that will print between now and the meeting, and you wouldn’t want to be long to the hilt dollars, and have the Fed disappoint you, now would you? Getting back to reality, which is not anywhere close to what the BLS told us on Friday, let’s talk briefly about the two currencies rallying VS the dollar this morning.  First, the Brazilian real. Remember a month or two ago, I told you that the real was rallying in stealth-mode? Well, Mom? He’s doing it again! You may also recall me telling you after the rate hike in April that the Brazilian Central Bank (BCB) had mentioned in their statement that the rate hike cycle was probably nearing an end, and traders took that to mean it had ended, and the real got whacked?  Well, guess what? The BCB proved those traders wrong, like Central Banks are known to do (wink, wink, Fed.)  and hike rates last week. Their Selic Rate, (internal rate) is now 13.25%, and the BCB talked with panic in their voices. It appears that the Brazilian Inflation is due to print this week on Friday, and is expected to show consumer inflation rising to 8.23%!!!  If that’s what we see, you can be pretty sure that the BCB will follow last week’s rate hike with another one in June.  The real has rallied to below the 3 handle again, back to stealth-like rallies for the real.. The Chinese renminbi / yuan. The Peoples Bank of China (PBOC) announced this weekend that they had cut 25 Basis Points (1/4%) from both their benchmark lending and deposit rates. I think the PBOC and the Chinese Gov’t has seen enough of this slowdown in the economy and wanted to provide more help. You may recall that the PBOC had previously cut the reserve requirement ratio in an effort to help the economy. And then the PBOC decided to allow the renminbi to appreciate overnight. This is in line with what I told you last week, that we could very well see the PBOC move to more frequent appreciation of the renminbi, ahead of the BIG KAHUNA Meeting between China and the IMF. Just to show the IMF that the renminbi  is a stable currency. The New Zealand dollar / kiwi is the worst performer overnight, see its value cut by 1 full cent. Over the weekend there has been a call from ANZ (Australia New Zealand Bank) that the Reserve Bank of New Zealand (RBNZ) will cut rates at both the June and July meetings. and just like the rats that are the first to jump ship when it’s going down,  kiwi Traders took the ANZ call as the gospel and began selling kiwi like funnel cakes at a State Fair.  This looks to be way overdone to me folks, and could be an opportunity to pick up some kiwi, that is, if you should feel the need to, at a much cheaper level today.  Of course that’s just my opinion and I could be wrong! The euro has fallen back below 1.12, and doesn’t look as perky as it did in April. Hopefully April’s currency rallies don’t turn out to be like star that shines the brightest before burning out. I actually was thinking all the while the April rally was going on, and even mentioned it a couple of times in this letter, that the rally was coming too soon as far as I was concerned. But that’s in the past, so let’s look forward. And the Eurogroup and EcoFin  will meet the next couple of days, but I don’t expect anything concrete from this meeting, just more rhetoric about how Greece needs to comply to get loans. There will be an important economic data print from the Eurozone this week, as the Flash GDP for the 1st QTR will print. Here’s where I think the euro might get a boost, because I’m probably one of the few around that believe Eurozone GDP is going to be a good uptick for the 1st QTR.  Well, let me restate that, good uptick given where Eurozone GDP was last year!   On Friday, we also saw, actually heard, some intervention by the Swiss National Bank (SNB) Gov. Jordan, who told the markets that “if necessary the SNB will intervene in the FX markets”. What brought him out from under the cover he took a couple of months ago when he told everyone one week that the SNB would defend the cross peg with the euro, only to drop the peg a week later, to attempt to talk down the franc? Well, in case you missed it in the currency round-up on Friday, the Swiss franc had reached, in dollar terms, a price of $1.0820.  that’s getting pretty price again for the franc, which I’ll remind you has negative rates, and a Central Bank that can’t be trusted.  So, not wanting to see the franc get too out of whack with the euro, Jordan decided to try to verbally intervene, and it worked, as the franc fell immediately following his comments, to $1.0750. No great shakes, but remember the SNB can’t be trusted folks. You don’t know what they might do here.   BTW. Remember when the cross with the euro had a floor of 1.20?  Well, these days, the cross with the euro stands at 1.0390. That’s quite a bit of strength VS the euro that the franc has built up. And I think that’s what has Jordon coming out from under cover, and unafraid of investor backlash! The Bank of England (BOE) held a meeting already this morning, which I had to check twice to make sure I was reading that correctly, as most BOE meetings are held on Thursdays. But the BOE left rates unchanged this morning at near zero.   Remember a year ago, when new BOE Gov Mark Carney, was getting the markets and pound sterling traders all lathered up talking about how he was going to remove the accommodation and hike rates soon?  Well, I pointed out then that he was just blowing smoke then, and here we are a year later, and guess who’s still not removed one ounce of accommodation  or hiked a rate?  But now pound sterling traders are proving once again that they forget the pain, and are pushing the currency appreciation envelope with pound sterling. When will they ever learn? When will, they, ever. learn? So, there’s a ton of economic data due to print all over the world this week, so if that’s your “thing” you are in for a real treat!  I’ve already talked about some economic data that will print this week, and to that we could add, CPI in Sweden tomorrow, Manufacturing Sales from Canada, The Federal Budget in Australia, the semi-annual RBNZ Financial Stability Report in New Zealand, and inflation prints in so many countries it would be painful to list them all.. Painful for me to type them and painful for you to have to read them! Here in the U.S. The Data Cupboard will bring out the Big Guns this week with April Retail Sales on Wednesday. I have to say that the BHI (Butler Household Index) tells me that this report will be disappointing yet again, even with the Easter Sales in this month. But today, the Data Cupboard is basically empty except for some third Tier data on Labor Market Conditions. This is where I would normally circle back to the top and talk some more on the Jobs Jamboree last Friday. But I just don’t have the energy to get all lathered up about surveys and hedonic adjustments. But, I’ll point out one thing before I head to Gold.  If you look at the jobs numbers like I do. there were only 10,000 net jobs actually reported through the surveys, because 213,000 jobs were added by the BLS to the surveys, to make 223,000. Sure maybe some of those 213,000 were actually added by small businesses that aren’t a part of the surveys yet. But 213,000? Really? Of course that’s just me looking at things. logically! Gold is still trying to find a bid, as it waffles back and forth each day. Gold is down a buck or two this morning, but let’s just call that basically flat, and the other metals are in the same boat as Gold, still trying to find a bid of their own. Well, I was reading some stories on Google+ this past weekend, and on Drudge (didn’t know I liked Drudge? Love it! Have the APP on my phone!), and came across an interesting story regarding Captain Kidd’s Treasure trove being recovered after all these years.  I always find these stories pretty entertaining to me. There’s also a story that Ed Steer ran over the weekend about a sunken ship named Hanneke Wrome that sank in a storm in the 15th Century off the Finnish coast. 10,000 Gold coins and jewelry were recovered, along with the documents that showed the ship also had 200 parcels of fabric and 1,200 barrels of honey.  Pretty interesting, eh? Hey! It’s not all about the price of Gold going up and down or moving sideways. It’s the “stories” that to me makes it so interesting to read about and to tell. Just imagine, if you will, that you are standing around the barbeque pit at a summer cookout, and the boys are talking about sports, and someone mentions money, and you pull out a Gold coin from your pocket, and begin to tell the story behind that Gold coin?   Now that would be fun, interesting, and better than standing there like bump on a log! To recap.  The BLS added 213,000 jobs to its surveys on Friday and told the world that the U.S. created 223,000 jobs in April. MarketWatch and other publications said that this 223,000 addition of jobs was all the Fed needed to hike rates in June. And that got the dollar buying started. BCB hike rates late last week, and with inflation soaring, it appears that the thought that rate hikes in Brazil were a thing of the past, have been greatly exaggerated. The BCB is now expected to hike rates again in June! The real is back to its steal-like rally. China’s PBOC cut both benchmark lending and deposit rates 25 Basis Points this past weekend, but the renminbi was allowed to appreciate overnight, as they prepare the renminbi for a visit to the IMF. A ton of data this week around the world, with the Big print here in the U.S.. April Retail Sales. For What It’s Worth. OK.. had a dear reader send me a link to this story, and he must know me well, and knew the title would catch my eye. Check it out. “House Flippers Are Back With Wall St. What Could Possibly Go Wrong?”  it’s found on Bloomberg’s website, and can be found here should you want to read the whole article:” alt=”last_img” /> read more