Tag Archives: Black

Egyptian pound steady at forex auction, stronger on black market

CAIRO Dec 13 The Egyptian pound held steady at an official foreign currency auction on Sunday and strengthened slightly on the black marketplace.

Egypt, which depends on imported food and energy, is facing a dollar shortage and mounting stress to devalue the pound. The central bank shocked markets when it strengthened the pound on Nov. 11 by 20 piasters against the dollar.

On Sunday it sold $ 39.3 million at a reduce-off cost of 7.7301 pounds to the dollar, unchanged from Thursday, delivering 38.83 % of the amount requested by banks.

The official price is nonetheless far from that on the black market place, which was quoted at 8.55 pounds to the dollar on Sunday by a trader, producing the pound marginally stronger than Thursday’s black market place price of 8.56/57 pounds.

Egypt’s reserves have tumbled from $ 36 billion in 2011 to $ 16.four billion in October, and the nation has been rationing dollars by way of weekly auctions to banks, keeping the pound artificially strong.

On Dec. 3 the central bank said it had changed the way it allocated dollars at its foreign exchange auctions. It supplied fewer banks with dollars but at greater allocations.

Previously, banks in Egypt had been accustomed to receiving a standard quota of dollars at every foreign currency sale. Given that the alterations, some banks have mentioned they have been declined dollars at the typical auctions.

The country has been starved of foreign currency considering that a popular uprising in 2011 ousted autocrat Hosni Mubarak and drove away vacationers and foreign investors.

In February, the central bank imposed capital controls, limiting dollar-denominated deposits to $ 50,000 a month in an try to fight the black industry. The move caused difficulties for importers, which could no longer supply their foreign currency wants. (Reporting by Ahmed Aboulenein Editing by Mark Potter)

VIDEO: Un-Nooh misses final black in 147 bid

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Un-Nooh misses final black in 147 bid

Thailand’s Thepchaiya Un-Nooh misses the black that would have provided him a 147 break and a prize of £44,000 at the UK Snooker Championship in York.

Available to UK customers only.

Neiman Marcus site suffers outage on Black Friday – CNBC

The Neiman Marcus homepage has been mostly unavailable given that 8 am ET on Friday, CNBC reported, citing data from internet site overall performance monitor Catchpoint Systems. (bit.ly/1kY3gLk)

The website has been slow to load and erratic considering that then.

Neiman Marcus spokeswoman Ginger Reeder stated she could not confirm the time of the outage, but stated the organization was functioning to restore the site.

“We are functioning fervently to get the site back up. I never have any further updates at this time,” Reeder mentioned.

The outage could hurt upscale retailer Neiman Marcus throughout one of the most critical days for vacation buying, at a time when far more shoppers are purchasing on the web.

According to software program firm Adobe Systems Inc’s Digital Index, shoppers in the United States spent $ 822 million on-line between midnight and 11 am ET, a 15-% improve from 2014. (Reporting by Anya George Tharakan in Bengaluru Editing by Anil D’Silva)

Bandar Sabung Ayam

New videos raise queries in Chicago police shooting of black teen

CHICAGO Nov 26 Newly released videos taken at the scene of the shooting of a black teenager by a white Chicago patrolman could raise fresh questions about whether police properly documented the killing, as the city braced for more protests over the Thanksgiving weekend.

Like the first video released on Tuesday, the new footage inexplicably lacks discernible audio of the Oct. 20, 2014 shooting of 17-year-old Laquan McDonald by Officer Jason Van Dyke, according to the Chicago Tribune, which obtained the recordings.

As a result, the sounds of 16 gunshots that hit the teen, any commands shouted by police officers or other remarks are not available, the newspaper said late on Wednesday. The footage also does not show the actual shooting and offers few new visual details about the incident.

McDonald’s killing and the 13-month delay releasing any video taken by dashboard cameras on squad cars at the scene have led to days of demonstrations in Chicago over police treatment of African-Americans and other minorities.

Activists say a culture of racial bias runs deep in the city’s police department despite reform efforts.

The powerful Chicago Teachers Union on Thursday endorsed a “Black Friday” march organized by civil rights leader Reverend Jesse Jackson, to protest McDonald’s shooting, and called for an independent investigation of what it described as a “cover-up.”

“We have watched in anger and disappointment as the city has covered up police violence,” CTU Vice President Jesse Sharkey said in a statement.

“Chicago’s response to Laquan’s death appears calculated to minimize political damage to the mayor, by removing this case from the election cycle,” he said, referring to a gap between the shooting and the first-degree murder charge brought against Van Dyke on Tuesday.

Mayor Rahm Emanuel was re-elected to a second term in an April runoff after failing to win a majority in the February election. The CTU opposed a new term for the mayor because of his aggressive program of closing public schools to save money.

Protesters appeared to be waiting until the day after Thanksgiving, the so-called “Black Friday” that marks the traditional kickoff to the holiday shopping season, before returning to the streets. Just before marchers set off for the annual Thanksgiving Day parade on Thursday, there were no demonstrators in sight.

TECHNICAL PROBLEM

The first tape of the shooting was released under court order hours after Van Dyke was charged. It showed McDonald, who authorities said was carrying a pocket knife and had the hallucinogenic drug PCP in his system, as he was gunned down in the middle of a street.

Police said the sound was missing due to an unspecified technical problem.

According to the Tribune, the original tape contains the most complete visual record of the incident and was the only one in which the shooting was captured on camera. The newly released footage came from the dashboard cameras of five of the eight police squad cars present. The other patrol cars, including Van Dyke’s, were positioned facing away from the action.

Excerpts from two of the new videos were posted on the newspaper’s website.

The Tribune said no explanation has been given for why it was provided video for just five of the eight police vehicles at the scene.

According to the Tribune, the Chicago Police Department requires its officers to use in-car video if the vehicle is equipped with it.

Those video systems are supposed to automatically engage audio and video recording when the vehicle’s emergency lights are activated. Officers may also manually engage the recording system without activating the lights, the newspaper said.

The footage obtained by the Tribune was furnished by the mayor’s Law Department under an open-records request.

The original tape was made public a day earlier to the media at large under a court order, after an independent journalist had filed a Freedom of Information Act lawsuit. Police released that tape a day before the deadline, they said, after learning that a copy had been leaked to a local television station. (Additional reporting by Steve Gorman in Los Angeles and Mary Wisniewski in Chicago; Writing by Frank McGurty; Editing by Paul Simao)

Bandar Sabung Ayam

Agen Sabung Ayam – One Slogan, Several Methods: Black Lives Matter Enters Politics

Agen Sabung Ayam

Photo

Black Lives Matters protesters blocked traffic outside TCF Bank Stadium in St. Paul ahead of an N.F.L. game among the Minnesota Vikings and the Detroit Lions in September. Credit Richard Tsong-Taatarii/Star Tribune, by means of Linked Press

When the Democratic National Committee recently rejected adding a presidential debate focusing exclusively on issues affecting black folks, it got divergent responses from two groups widely linked with the Black Lives Matter movement.

Campaign Zero, whose agenda centers on ending police violence, swiftly embraced the offer for a town hall forum alternatively and began operating to arrange forums for Democratic and Republican candidates. But members of an organization named Black Lives Matter, which very first asked for the debates, asserted that only a debate would demonstrate the Democratsâ?? commitment to their lead to.

Black Lives Matter started as a hashtag and grew into a protest slogan â?? soon after prominent police killings of blacks more than the past year â?? and became an Net-driven civil rights movement. The phrase is as significantly a mantra as a particular organization, with the general public lumping numerous groups beneath the Black Lives Matter banner, even if they are not officially connected.

But amid the groupsâ?? various approaches has been a swirl of political activity. Regional affiliates of the Black Lives Matter organization have disrupted many Democratic presidential campaign events, pushing the candidates to assistance policies to end mass incarceration and police brutality.

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What some of the presidential candidates have said about the Black Lives Matter movement.

That organization now has 26 chapters, and one particular in Canada, that largely set their own direction. In Boston, that has meant protesting the cityâ??s quick-lived Olympic bid, which activists mentioned would have been damaging to black neighborhoods. The Grand Rapids, Mich., chapter has held workshops on nonviolent organizing and the prison business. In St. Paul, Minn., organizers have held rallies to contact for much more minority vendors at the state fair and protested police shootings.

But as the rift more than debates versus town halls underscores, the young and sometimes cacophonous movement is struggling to discover its voice, as the activists who fly its banner wade into national politics.

Many of those activists and groups favor protest, distrust standard politics and have no intention of supporting candidates. Other people have begun lobbying candidates and elected officials on legislative problems. And nonetheless others are hoping to use money to make a distinction in elections. Campaign Zero, whose founders gained prominence during protests in Ferguson, Mo., has issued a detailed policy platform on stopping police violence and escalating police accountability. It has also met with Hillary Rodham Clinton and Bernie Sanders to stress them to embrace its racial justice platforms.

Two groups have started political action committees to back candidates who assistance suggestions espoused by Black Lives Matter activists. 1, Black Lives Matter Political Action Committee, began by a St. Louis radio host, plans to raise funds for voter education in races for law enforcement-connected offices, like for district lawyer and judgeships. The second, Black Lives Matter Super PAC, was started by New York activists who hope to raise big donations from celebrities to influence campaigns for a selection of offices.

â??At this point, marching and protesting, itâ??s not going anyplace,â? said Tarik Mohamed, treasurer and a founder of the super PAC. â??So weâ??re attempting to uncover new avenues of engaging individuals for change.â?

And, in a sign of its expanding influence, the movement is attracting the consideration of deep-pocketed Democratic donors, who met with activists in Washington this week to discuss how they can support the budding movement.

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Sen. Bernie Sanders of Vermont for the duration of a speech by the founders of the Seattle chapter of Black Lives Matter, Marissa Johnson, left, and Mara Jacqueline Willaford, at a rally in Seattle in August. Credit Elaine Thompson/Associated Press

The diffuseness and decentralization of the movement is viewed by many activist leaders as a source of energy, with local organizations tailoring options to problems in their communities. The broader movement has also fomented a new brand of activism on college campuses, most notably at the University of Missouri. Reacting to what they saw as the administrationâ??s tepid response to racism, activists at the university organized marches, one particular held a hunger strike and the football group threatened a boycott, forcing the president and chancellor to resign.

â??Thereâ??s nothing at all wrong with being decentralized and dispersed,â? stated Allen Kwabena Frimpong, an organizer with the New York chapter. â??The dilemma is becoming disconnected. If we are going to create political energy, we have to build connections.â?

But for all the movementâ??s effect, even some of its sympathizers question regardless of whether it wants a clearer organization and more concrete program of action.

â??There has to be a reckoning, I agree with that,â?

Black Lives Matter protesters sing and chant in the course of a campaign cease for Hillary Clinton at Clark Atlanta University in October. Credit Kevin D. Liles for The New York Occasions

â??I donâ??t believe that that movement need to be justified when theyâ??re calling for the murder of police officers,â? Gov.

Alicia Garza, a founder of the Black Lives Matter organization, gave a lecture in Cambridge, Mass., final month Credit Kayana Szymczak for The New York Times

â??It was just a truly real conversation about the complexities of funding movements and the need to have for far more infrastructure, particularly black-led infrastructure,â? said Ms. Hunt-Hendrix, who has inherited wealth from an oil business her grandfather started.

Certain funding commitments had been not made, she said, and it would be up to individual donors to stick to up with organizations they want to assistance.

â??We donâ??t want to raise expectations that this is a secretive group of donors hoping to raise tons of money,â? she stated.

DeRay Mckesson, a founder of Campaign Zero, has been focusing a lot of his power on trying to organize Black Lives Matter-themed forums for Democratic and Republican presidential candidates. Town hall forums are far more in line with the spirit of the movement, Mr. Mckesson argued, since they allow ordinary men and women to ask questions. He said he has been in negotiations with tv networks to broadcast the forums.

Mr. Mckesson got assistance for the town halls from an unexpected source not too long ago when Senator Rand Paul of Kentucky, who is operating for the Republican presidential nomination, mentioned on

DeRay Mckesson, a founder of Campaign Zero, in St. Louis in August. Credit Michael B. Thomas/Agence France-Presse â?? Getty Images

Some activists have criticized Campaign Zero as becoming too focused on legislative treatments for police violence, and have been concerned the public would believe of them as â??a silver bulletâ? for injustices against blacks, Mr. Frimpong mentioned.

Mr. McKesson has responded by saying, â??We acknowledge that this isnâ??t the radical change necessary to rethink the program, but we canâ??t discount or devalue the instant, sensible advantage this can have on peopleâ??s lives.â?

Even though Campaign Zero has, amongst other factors, referred to as for investing in much better police coaching and physique cameras, other Black Lives Matter activists are demanding that public funds be employed for anti-poverty applications that could drive down crime.

When New York City officials sought to add 1,000 new