Study: 1,005 Vermont jobs at risk as China pushes paper

first_imgHeavily subsidized by the Chinese government in violation of global trading rules, the Chinese paper industry has tripled production over the past decade, killing jobs throughout the United States and driving up the massive U.S. trade deficit with China, according to a report released today by the Economic Policy Institute (EPI). In Vermont, according to the study, some 1,005 jobs are at stake.The EPI report, No Paper Tiger: Subsidies to China’s Paper Industry from 2002–2009, says that China’s rapid rise in the global paper industry has been fueled by more than $33 billion in government subsidies from 2002 to 2009. The full report can be found at is external)The U.S. paper industry is large and highly competitive, employing 474,000 workers in nearly 5,000 plants in the 2005–2007 period. However, thousands of U.S. paper producers, and the more than 470,000 remaining jobs, are at risk due to the rapid growth of highly subsidized paper exports from China. Almost every state has workers in the paper sector, with California, Georgia, Illinois, Ohio and Wisconsin having the highest number of paper industry workers.“China’s massive subsidies to its paper sector are doing severe damage to the U.S. paper industry, its workers and their families,” said Scott Paul, executive director of the Alliance for American Manufacturing (AAM). “The only way to stop the bleeding is for U.S. policymakers to take action against China’s blatant violations of trade laws, including sweeping subsidies to paper and many other industries.”China’s export-driven paper industry has added 26 percent of new production capacity on average every year since 2004, increasing the U.S. trade deficit with China. Imports from China’s paper industry to the United States are rising faster than those from any other country. In February 2010, the report estimates, the annualized growth rate of Chinese paper and paper-product imports into the United States was 22 percent.China has no natural competitive advantage in papermaking and lacks the natural resources to fuel the industry. China’s forest base is among the smallest in the world per capita. Consequently, the country is the world’s largest importer of pulp and recycled paper.Despite the explosion in new China paper mills, the country’s paper industry uses outdated, obsolete and polluting machinery and technology, contributing to China’s growing status as one of the world’s leading polluters, according to the report, which was written by Usha C.V. Haley, Chaired Professor of International Business at Massey University in Auckland, New Zealand, and an EPI research associate.The EPI report estimates that subsidies to China’s paper industry have included:$25 billion for pulp;$3 billion for coal;$1.7 billion for recycled paper;$778 million for electricity;$442 million in subsidy income reported by companies; andLoan-interest subsidies of $2 billion.China’s strategy of dominating the global paper market through illegal subsidies is especially evident because it has no inherent cost advantages in the capital-intensive paper industry. Labor makes up only about 4 percent of the costs in the industry; in contrast, imported recycled paper and pulp comprise more than 45 percent.“Raw materials, which make up three-fourths of the costs of producing Chinese paper, as well as electricity, coal and transportation, have nearly doubled in price over the last decade,” Professor Haley said in the report. “Yet, Chinese paper sells at a substantial discount compared to U.S. or European paper.”Source: EPI. 6.30.2010. The Alliance for American Manufacturing is a nonpartisan, nonprofit partnership of several leading U.S. manufacturers and the United Steelworkers.last_img read more

What are Dominicans doing to keep their environment clean?

first_imgLocalNews What are Dominicans doing to keep their environment clean? by: – June 28, 2011 Photo credit: my.opera.comWith Environmental month quickly coming to an end, it is fascinating to see that despite the malicious nature of few, Dominicans are still making major attempts to keep their environment clean.During the month of June, the Ministry of Education facilitated by the Carib whale association, concluded a four month program dealing with educating persons on how to protect the marine environment in Dominica.This program taught young children the importance of conservation, and the dangers of littering to the marine environment and aquatic life.Along with this positive initiative, The Discover Dominica Authority (DDA), in collaboration with the Dominica Solid Waste Management Cooperation (DSWMC), furnished Roseau with sixty (60) new garbage bins, with the incentive to keep the city clean.The “Adopt A Bin Project” as it was called, is to aid in the purchasing and distribution of bins, to raise awareness against littering.Public Relations Officer of the Dominica Solid Waste Management Cooperation (DSWMC), Mr Jeno Jacob stated that,  ‘the contributions made by individuals play a key part in maintaining the mandate of keeping the island clean and protecting its citizens from health risks associated with poor waste disposal.’Therefore, it is evident that the good deeds of many will not be deterred by the malice of few.One is led to believe that Dominica shall remain clean and green for future generations.By: Emmera A. Nesty Share Sharing is caring! 119 Views   no discussionscenter_img Share Tweet Sharelast_img read more

Man seriously injured after ‘one-punch’ assault

first_imgA man has been hospitalised following an alleged ‘one-punch’ assault in Buncrana last Friday night.Gardaí are investigating the incident which occurred outside a pub on Main Street Buncrana at around 9.30pm.The man was punched as he left a local premises and fell to the ground, banging his head and suffering serious injuries. The suspect is believed to have fled the scene.Gardaí have confirmed that they are gathering and viewing CCTV footage from the area.Investigators are calling on members of the public who may have witnessed the assault to come forward by calling Buncrana Garda Station on (074) 932 0540 or the Garda Confidential Line on 1800 666 111Man seriously injured after ‘one-punch’ assault was last modified: August 13th, 2019 by Rachel McLaughlinShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window)last_img read more

Still Glamorous

first_imgIn an extraordinary twist the film star who started her career in 1946 modelling for the Douglas Aircraft Company in its then brand new 70-seat DC-6B passenger aircraft has been voted today as the most glamorous flight attendant.In a survey of 1000 people conducted by American Airlines in the UK, Marilyn Monroe was selected as the first-choice fantasy flight attendant from the golden era of film with 22% of the overall vote. Audrey Hepburn was second choice with 20%.George Clooney (22.5%) led Prince Harry (21.4%) as the favourite fantasy pilot of all time, with Angelina Jolie rated as the highest scoring female with 10.8% of the vote. US President Obama (11%) lay in fifth place behind the star of The Great Gatsby and Aviator – Leonardo DiCaprio (11.6%). The brand new Superman, Henry Cavill scored just 1.9%.Jennifer Aniston (18.1%) topped the pole for favourite flight attendant from modern day stars with Kate Middleton (17.1%) in second place and Angelina Jolie (14.7%) in third. Pippa Middleton matched Beyonce’s popularity, each with just under 11% of the vote. They were both beaten by the highest scoring man – Prince Harry – with 11.9%.  The survey was conducted to launch American Airline’s brand new B777-300ER aircraft on the route from London (Heathrow) to Hollywood (LAX).In 1946 Norma Jean Baker, later Marilyn Monroe, answered an advert to model for Douglas Aircraft. The images taken are now copyright and cannot be shown but the cover of the in-house Douglas Airview Magazine is shown here.American Airlines employed Marilyn Monroe lookalike – Suzie Kennedy – to pose with the engine of its brand new 777-300ER aircraft.last_img read more

Oxygen: A Desktop Network Connected to the Cloud

first_imgYou may know Dropbox. It’s the wildly popular file storage and syncing service that is driving the geek set gaga. You may also know It’s the Web-based file storage and collaboration service.Now meet Oxygen Cloud. We’re not talking about a cloud for that cable network with a distinct feminine edge. Still, the logo is a cute pink. At least one fellow blogger at Enterprise 2.0 asked me if they were selling Oprah….in the cloud. He was serious.Instead, Oxygen Cloud is a desktop file sharing service that combines storage and collaboration features in a cloud-based environment. It may sound odd to think of Oxygen as a cloud-based service on your desktop. But you can pretty much mix anything with the cloud these days. The desktop fits in a cloud environment as a symbol for the relationship between the Web and traditional work environments. Open the icon on your desktop or on any device and the cloud is right there. Dropbox has the feature. It’s a Nomadesk feature, too. Nomadesk considers itself to have a collaborative component so the combination Oxygen Cloud provides is not unprecedented.But there is a gap in the market. Data storage and collaboration are not often viewed in the same context. But they are forces that can be networked together by using the desktop as an abstraction to the concept of the cloud. Collaboration is still the hot topic. Any number of companies are working on developing services that provide sharing, co-editing, activity streams and associated features. Several popped up at the Enterprise 2.0 conference.On the contrary, we did not hear much discussion at Enterprise 2.0 about data storage and the amount of structured and unstructered data that is being produced. The amount of data in an enterprise environment will only scale. Oxygen believes that bringing these forces together create a synergy that provided a place to oput all the dat an collaborate around it, too. The service won’t be available until later this summer so we will have to wait for it to go live before testing it out.But we did get the chance to sit down with Founder and CEO Peter Chang at Enterprise 2.0 last week.Chang says the Web is not really a place where the enterprise does its work. We’d care to differ a bit on that premise but we can agree that the ability to divest the Web storage from collaboration makes some sense. It may also have some value to serve as a way to mend the relationship between data storage and sharing.The Oxygen Cloud desktop environment permits people to share files in an end-to-end secure network. Files can be shared in a virtual environment that is connected to a public cloud. In that way, Oxygen Cloud acts as a super broker for Amazon or other cloud services. The data is securely stored. But the people can see the content in the same place. It’s a method of packaging that can solve a few problems. It helps mitigate the data storage question. And people can share document in what Oxygen maintains is a secure environment.Oxygen will also provide a do-it-yourself private cloud through a partnership with Data Robotics. Bandwidth is one of the issues with a service like Oxygen. The company says a private cloud environment may resolve issues with Internet latency.Oxyen Cloud is subsidiary of LeapFILe, which provides secure file transfer services to the Fortune 500. It’s this pedigree that gives the service some additional strength. They are in a position to bridge that file storage experience. Oxgen Cloud combines collaboration so it is not a pure file storage service. In that respect it is a bit of a departure for LeapFile. We’ll see how things look once the beta goes live. Related Posts Why Tech Companies Need Simpler Terms of Servic… A Web Developer’s New Best Friend is the AI Wai… Top Reasons to Go With Managed WordPress Hostingcenter_img alex williams Tags:#cloud#cloud computing#news#saas 8 Best WordPress Hosting Solutions on the Marketlast_img read more

10 months agoInter Milan chief Ausilio: Mourinho always has our esteem

first_imgTagsTransfersAbout the authorPaul VegasShare the loveHave your say Inter Milan chief Ausilio: Mourinho always has our esteemby Paul Vegas10 months agoSend to a friendShare the loveInter Milan chief Piero Ausilio says Jose Mourinho will always have a place of honour at the club.However, he insists coach Luciano Spalletti’s job is safe after Manchester United sacked Mourinho yesteday.Ausilio said: “We are connected to the results, the esteem for him is regardless of the future of Inter, which has a great coach… “Let’s move on with Spalletti, we are building the future with him.”Mourinho led Inter to an historic Treble in 2010. last_img

J.T. Barrett Asked For Special Treatment During Arrest, Per TMZ

first_imgJ.T. Barrett walking off the field after losing the fiesta bowl.GLENDALE, AZ – DECEMBER 31: J.T. Barrett #16 of the Ohio State Buckeyes walks off the field after the Clemson Tigers beat the Ohio State Buckeyes 31-0 to win the 2016 PlayStation Fiesta Bowl at University of Phoenix Stadium on December 31, 2016 in Glendale, Arizona. (Photo by Matthew Stockman/Getty Images)Update: Here is video of the arrest, from TMZ.Earlier: TMZ has landed video of Ohio State quarterback J.T. Barrett’s citation for OVI, and according to the gossip site, it doesn’t reflect well on him. They have not released the video yet, but according to their first write-up, Barrett tells officers that he is the Buckeyes quarterback, and seems to ask for special treatment.JT Barrett Arrest Video — ‘I’M THE QB OF OHIO STATE’ … ‘There’s Nothing You Can Do?’— TMZ (@TMZ) November 12, 2015TMZ Sports obtained the dash cam footage from the October 31 incident — in which you can clearly see Barrett’s SUV pull out of a line for an upcoming DUI checkpoint … catching the attention of an officer who pulled him over. … That’s when Barrett plays the “don’t you know who I am?” card … saying, “I’m the quarterback of Ohio State … officer, there’s nothing you can do?” The officer responds, “My intention is to not take you to jail. That’s about the best I can do for you.” Once Barrett sits in the back seat of the cruiser, he begins to scream obscenities to himself … “F**K!!! F**K!!!”Perhaps this should be a surprise, but it is not a great look for Barrett, who is expected to start Saturday against Illinois after a one game suspension following his arrest. Barrett’s case was settled Tuesday, resulting in a suspension of his license and a $400 fine.last_img read more

Fisheries Minister Says Local Fishermen Must Take Advantage of Deep-Sea Resources

first_imgStory Highlights “The whole area of fish and seafood is on the horizon for us. It’s an exciting area that can even be better. It needs to be expanded beyond aquaculture and fish farming, which is more in the inland area,” he added. Minister of Industry, Commerce, Agriculture and Fisheries, Hon. Audley Shaw, says local fishermen should focus less on nearshore practices and instead take advantage of opportunities offered out in the deep ocean. Addressing reporters at JAMPRO’s third staging of the Jamaica Investment Forum at the Montego Bay Convention Centre, St. James, on June 13, Mr. Shaw said it is an acknowledged fact that the deep sea is an untapped area with enormous resources that Jamaica should attempt to utilise. Minister of Industry, Commerce, Agriculture and Fisheries, Hon. Audley Shaw, says local fishermen should focus less on nearshore practices and instead take advantage of opportunities offered out in the deep ocean.Addressing reporters at JAMPRO’s third staging of the Jamaica Investment Forum at the Montego Bay Convention Centre, St. James, on June 13, Mr. Shaw said it is an acknowledged fact that the deep sea is an untapped area with enormous resources that Jamaica should attempt to utilise.“The whole area of fish and seafood is on the horizon for us. It’s an exciting area that can even be better. It needs to be expanded beyond aquaculture and fish farming, which is more in the inland area,” he added.Mr. Shaw said it is a global fact that “we don’t access enough of our deep sea resources”, resulting in billions of dollars being lost.He noted that a recent study done by a reputable international agency, titled the ‘Blue Economy’, shows that the deep sea is rich in potential and could easily make a positive impact on a country’s economy.“The blue economy is about vast resources in the deep sea. We are overfishing in the nearshore waters, but we are not accessing deep-sea resources. Some of these resources include sea cucumbers and sea urchins, black eel and other things that are in great demand,” the Minister said.Mr. Shaw pointed out that countries like China offer a ready-made market for these items, and that the tools will have to be found to assist fishermen and fisherfolk to capitalise on “what is now a very lucrative market”.“All the sea cucumbers, urchins and black eel that can be accessed, they will pay a premium price for them in China. The key issue is for us now to get the appropriate deep-sea-fishing technology to be able to go and pursue those resources to the benefit of our country. This can also help to develop a vibrant export market for these unique products from the deep sea,” the Minister said.The three day (June 12 to 14) forum is being hosted by JAMPRO under the theme: ‘Connect for Business’.last_img read more

DryShips to Spin Off Its Gas Carrier Business

first_imgzoom Greece-based owner DryShips Inc. is looking to spin off of its gas carrier business, Gas Ships Limited, and has filed a F-1 registration statement with the U.S. Securities & Exchange Commission.In the spin-off, DryShips will distribute to holders of its common stock 49% of the issued and outstanding shares of Gas Ships Limited’s common stock. Following the move, Gas Ships Limited will be a publicly-traded company, and DryShips will retain a 51% ownership interest in the company.“The filing of the Form F-1 Registration Statement is an important step in the process of establishing Gas Ships Limited as a new, stand-alone company with its own strategic focus, independence and priorities. We believe that this business is well-positioned for success as a separate company,” George Economou, the Company’s Chairman and Chief Executive Officer, said.The spin-off is subject to certain conditions, including the effectiveness of Gas Ships Limited’s Form F-1 registration statement and final approval and declaration of the distribution by DryShips’ Board of Directors.last_img read more

Dear Reader It is with a troubled heart that I si

first_imgDear Reader,It is with a troubled heart that I sit down to write today, there being reports of casualties in new fighting in eastern Ukraine. I worry, of course, about my friends and students in the country who may well be in physical danger soon, if the conflict escalates. But that’s personal; as an investment analyst, it’s the financial war the Russians seem quite willing to wage that really has my attention.It should have yours as well.As one of the experts in our just-released Meltdown America video noted, the Kremlin had already made moves to dethrone the US dollar as the world’s reserve currency before the renewed East-West tensions of this year. Putin has openly threatened what amounts to economic warfare as a response to sanctions placed on Russia after its Crimea grab.Now bullets are flying—can Putin’s financial ICBM be far behind?Mind you, the US and global economies are on such shaky ground, they could come crashing down without any help from Gospodin Putin.One of the things that really struck me while watching Meltdown America was the way the writing was clearly visible on the wall in past cases of financial collapse and hyperinflation—but no one wanted to believe it.That’s the way I see the US today. Life seems so normal and there’s so much wealth even in poorer regions, it’s hard to believe the cracks in the foundation could really bring down everything built on it. And that’s exactly why the cracks never get fixed; people don’t want to see them, and politicians do everything possible to deny they exist. So they widen and deepen until the collapse becomes inevitable—and I believe we have already passed the point of no return.It’s just a matter of time now.Gloomy thoughts indeed, but I’m not here to depress anyone. Hopefully, I can help deliver a wake-up call, as per our Meltdown America video. Perhaps even more useful, I can tell you what I’m doing about it.As you probably know already, precious metals are a key part of my strategy. As Doug Casey likes to say, gold is the only financial asset that is not simultaneously someone else’s liability. It’s solid value you can hold in your hand, and come what may, use to store and protect wealth, as well as to make payments when all other systems fail.Again, as Doug says, I buy gold for prudence and gold stocks for profit. If I’m right about the economic trouble ahead, gold will protect me, and my gold stock picks will make me a fortune. This is why we focus so much on precious metals and related mining stocks in these Metals & Mining Monday daily dispatches. Fear not; we’ll have plenty more relevant ideas and actionable information in future editions.But Doug also says that our biggest risk today is not market risk; it’s political risk. He has moved to rural Argentina to get out of harm’s way. He’s picked a beautiful place, and I had intended to move to Cafayate myself, but then I got married… and plans changed. Specifically, I need to remain in the US for some years to come.So instead of expatriating, I’ve moved to Puerto Rico, a US territory that is rapidly becoming the only tax haven that matters for US taxpayers.People keep asking me why I chose Puerto Rico and if I’m happy with my choice, so I’ve decided to skip writing about metals this week and write instead about my move here. It’s a break from tradition, but one I hope will provide as much value as anything I could write about rocks at this time.Sincerely,Louis JamesSenior Metals Investment StrategistCasey Research Oil96.8593.1384.96 Gold Producers (GDX)24.4928.5044.77 Silver Stocks (SIL)11.7213.8318.61 Gold Junior Stocks (GDXJ)9.1611.5919.21 Copper3.053.303.50 One Year Ago One Month Agolast_img read more