The Ambassador of the Economic Community of West African States (ECOWAS) to Liberia, Tunde Ajisomo, has lauded outgoing United Nations Development Program Country Director Dr. Kamil Kayode Kamaluddeen for his immense contributions to peace, good governance and infrastructural development as well as the rule of law in Liberia.Director Kamaluddeen, who is affectionately referred to as KK, has left an indelible mark on Liberia as a development specialist by the policies and strategies he helped to draft—leading to some considerable levels of developmental improvement in the country, Ajisomo said.Speaking at a cocktail reception held in KK’s honor in Monrovia, Ambassador Ajisomo said “KK has been passionate about development in Liberia and is a true son and patriot of the African continent.” Ambassador Ajisomo, who is also a Nigerian, added, “Any of our compatriots who come to Liberia on assignment firstly has to get in touch with KK to get an orientation, because of his reputation as someone who helps others integrate in the Liberian terrain; and KK is referred to as the ‘Landlord.’”Dr. Kamaluddeen served Liberia for nine years, though intermittently. His first stint was when he served as Economic Advisor and Head of the Strategy and Policy Unit, UNDP Liberia, from 2002 – 2008 before returning in 2013 as Country Director.KK was very popular in the diplomatic community as well as among his Nigerian compatriots all because of what many describe as his high level of humility, selflessness, commitment to duty and accessibility. Many of them praised him for helping them settle in successfully upon their arrival in Liberia.Acting Foreign Minister Elias Shoniyin said KK will truly be missed because he has been a strong pillar to rely on. “KK has been a true friend to this government and our country. He was very instrumental in the crafting of the Poverty Reduction Strategy that helped us significantly to set us on our path of national development,” the Minister said.The Minister described KK as a “development-oriented” individual who built up on the Community Based Initiative (CBI), which was set up by his predecessor, Antonio Vigilante.The CBI provided the stage for community participation in the country’s decentralization process to provide municipal services in Liberia’s 15 counties—a program that led to the realization of the County Service Centers in some counties.Responding, KK said his tenure may have come to an end, but he is leaving as a very proud man, adding that he is grateful to God for his contribution to Liberia.“We strongly believe we could not have done this alone so we appreciate the capable teams we were fortunate to have worked with. They too, must be appreciated,” KK said. According to him, his greatest achievement is leaving in a peaceful country. “We’re very happy that Liberians have embraced peace and I’m of the conviction that this peace will be sustained because without peace there can be no development,” KK said, adding that he now considers Liberia a second home.“Many of our compatriots from the ECOWAS region made a lot of sacrifices to ensure that peace comes to Liberia. Some of them did this with their lives. So I’m glad that this dream is being realized and I’m also glad to have been a part of transitioning Liberia from its war era to a stable country on the path of development,” he said.KK, who has over 15 years working experience with the UN, replaced Mr. Dominic Sam as UNDP Country Director. He has extensive professional, academic, administrative knowledge and experience.UNDP, the UN’s global development network, advocates for change and connects countries to knowledge, experience and resources to help empower people and build resilient nations, and has been working in Liberia since 1977.UNDP is currently providing technical assistance within the framework of the UN Development Assistance Framework (UNDAF) 2013-2017, which is fully aligned with Liberia’s mid and long term development strategies.According to KK, UNDP’s interventions are meant to ensure that the country is peaceful and has inclusive politics, a diversified economy, and stable institutions. “We have also been helping to ensure the laws are enforced fairly, land tenure problems have been resolved, natural resources are efficiently managed and health and education standards have reached those of other middle income countries,” he said.Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)
DENVER — This first step was a clumsy one.This wasn’t what Jimmy Garoppolo, the 49ers or their quarterback-loving fans envisioned during his past 11 months of grueling rehabilitation on a rebuilt, left knee.Suiting up for the first time since his catastrophic injury last September, Garoppolo was just 1-of-6 with one interception and a 0.0 passer rating in three unflattering series.The upshot: Monday night’s 24-15 win was merely an exhibition, the first chance to knock off rust and test …
Share Facebook Twitter Google + LinkedIn Pinterest In a state whose biggest agricultural export is soybeans, growers of the crop perhaps should be leery.Tariffs on imported aluminum and steel, which President Trump imposed March 8 could have disastrous consequences, particularly for soybean farmers, according to an agricultural economist with The Ohio State University.The tariffs of 25% on steel and 10% on aluminum could cause other countries to retaliate by setting tariffs on U.S. goods they import, including soybeans, which are Ohio’s top agricultural export, said Ian Sheldon, who serves as the Andersons Chair in Agricultural Marketing, Trade and Policy with the College of Food, Agricultural, and Environmental Sciences (CFAES).If that happens, that could further drive down the price of soybeans in the world market and the income Ohio farmers are earning on their soybeans, Sheldon said.Here’s why. Although China is not the largest source of U.S. steel imports, the country has contributed to global overcapacity in steel production, driving down the world price. It also buys many soybeans from the United States. So, a steel tariff might lead China to penalize the United States with tariffs on American imports. That would make it more expensive for the Chinese to purchase American imports, including soybeans. And the demand for U.S. soybeans in China has been strong in recent years, fueled by the growing demand for meat in the Chinese diet and soybean meal to feed those livestock.But if China retaliates with a tariff on U.S. soybeans, that could reduce the demand for soybeans from the United States and drive down the price, Sheldon said.“This is a big deal,” he said. “There could be a lot of unintended consequences that I don’t think have really been thought through by the administration.”In 2016, soybeans were Ohio’s most important agricultural export, totaling $1.4 million, and China is the top market for Ohio’s agricultural exports. About 40% of Ohio’s total agricultural exports are sold to China, according to the U.S. Bureau of Economic Analysis.“So it’s reasonable to argue China is Ohio’s most important soybean export market,” Sheldon said.Besides affecting soybean prices, the tariffs would cause the price of machinery to rise in the United States when the cost of steel and aluminum, the majority of which is imported, goes up with the planned tariffs, Sheldon pointed out. Any industry that consumes steel or aluminum will have to pay higher prices to make its products, and will likely pass those higher prices onto consumers and potentially cut jobs to stay profitable, he said.Proponents of the tariffs have argued that the tariffs will help resurrect jobs in America’s diminishing shrinking steel and aluminum industries.But, Sheldon pointed out, for every job in steel or aluminum the United States regains as a result of the tariffs, it will lose five to eight jobs in other industries that consume those metals.“If the U.S. is inefficient at producing steel or aluminum, compared to other countries, we shouldn’t necessarily be directing resources toward those industries,” Sheldon said.For years, China has produced steel primarily through government-subsidized businesses, which enabled it to produce a lot inexpensively. Chinese steel is now being diverted to the world market, giving it an unfair trade advantage, Sheldon said.But instead of imposing tariffs on steel and aluminum, the Trump administration has the option of going to the World Trade Organization (WTO) and making a case against China for unfair trade practices, Sheldon said.The role of the WTO is to encourage trade among countries and settle disputes when unfair trade is alleged to avoid all-out trade wars in which countries keep raising tariffs to shut out foreign products.“I really worry about this undermining the WTO,” Sheldon said. “If we have a trade war, that would lower national income and lead to job losses. It could even start a global recession.”The Trump administration, which originally called for tariffs on steel and aluminum imports from all countries, recently softened its stance a bit, making exceptions for Canadian, Mexican, and Australian imports. Canada is the biggest supplier of U.S. steel and aluminum, and Mexico also is a significant steel supplier to the United States.However, making exceptions for any countries is likely to result in the United States being found in violation of WTO rules, Sheldon said.“You can’t pick out some countries to target and then not others,” he said.Sheldon and colleagues in CFAES and across Ohio State are in the midst of a National Science Foundation-funded study in which they’re developing models of the Great Lakes region to simulate the effects of various trade scenarios on producers, consumers and the environment.For more information on Sheldon’s research, visit aede.osu.edu/research/andersons-program.
Huber Engineered Woods says it has settled a patent infringement lawsuit with a competitor, ending sales of an integrated weather-resistant sheathing panel similar to Huber’s popular Zip System product. In a press release, Huber said the agreement, which was filed in a federal district court in Texas, brings to a close the suit it brought late last year against RoyOMartin, a Louisiana-based wood products manufacturer. As part of the settlement, RoyOMartin agreed to stop selling Eclipse Weather Resistant Barrier products, Huber said. Leigh Ann Purvis, corporate communications manager for RoyOMartin, confirmed in a telephone call that the two sides had reached a negotiated settlement but declined further comment.RELATED ARTICLESA New Encyclopedia Article on Water-Resistive BarriersCombining Sheathing With a WRB and Air BarrierAirtight Wall and Roof Sheathing Huber makes Zip System sheathing in versions for roof and sidewall applications, including one that is bonded to a layer of rigid-foam insulation. The coated OSB sheathing and the companion tape that seals seams between panels combines a water-resistive barrier and structural sheathing in one product. The green (wall) and orange (roof) panels have become a common site on construction sites. RoyOMartin is a wood-products company based in Alexandria, Louisiana, that was founded in 1923. According to its website, the company is one of several wholly owned subsidiaries of an investment company privately held by members of the Martin family. RoyOMartin sells a variety of products, including OSB radiant barrier sheathing for wind-prone areas, floor underlayment, industrial-grade plywood, and pine plywood siding. It’s not clear when the company began selling Eclipse Weather Resistant Barrier, or where it has been distributed. It was described online as a “superior house wrap tape-and-panel solution, integrating a new weather-resistant barrier with the energy efficiency of a reflective insulation and a structural panel.” Eclipse is no longer listed in the company’s online product directory. In a prepared statement, Huber President Brian Carlson said, “We are pleased to resolve the issue with RoyOMartin, and we will continue to defend and protect our brands and intellectual property portfolio as evidenced by our previously announced patent infringement lawsuit against Louisiana-Pacific Corporation.” That lawsuit, filed earlier this year, alleges that LP WeatherLogic Air & Water Barrier products infringe on at least eight of Huber’s Zip System patents for sheathing and tape. Louisiana-Pacific’s website says the panels are bonded to a water-resistive overlay, “eliminating the need for a secondary wrap.” It comes with acrylic tape. The case was filed in a federal district court in Delaware and is still pending.
In what’s turning out to be a good earnings season for social media companies, on Thursday LinkedIn and Yelp joined Facebook and Yahoo! in reporting better-than-predicted third quarter numbers. LinkedIn reported net revenues of $252 million, and Yelp boasted $36.4 million for the period.Below are some details why both companies had such good days. The Linked In Story Facebook is Becoming Less Personal and More Pro… The Dos and Don’ts of Brand Awareness Videos A Comprehensive Guide to a Content Audit Guide to Performing Bulk Email Verification adam popescu Related Posts LinkedIn’s revenue grew by $24 million from the second quarter of 2012, and $113 million versus the third quarter of last year. That’s huge. And those gains can be attributed to how the company is taking advantage of advertising in a way that’s unique to the social media medium. Net income (GAAP) grew to $2.3 million from a loss of $1.6 million for the period last year, but down from the $2.8 million recorded in the second quarter. Non-GAAP net income hit $25.1 million from just $6.6. million in Q3 2011 – it was $18.1 million in the second quarter. LinkedIn’s success is based on getting businesses to use its platform to advertise professional services, particularly recruitment and enhanced user accounts. it’s working, in part because of a redesign that revamped the site back in September. Revenue from talent solutions was up 95% year-over-year, marketing income rose 60% year-over-year and the service’s premium subscription sales were up 74%. Homepage traffic has increased more than 60% in the past few months. Analysts from S&P CapitalIQ reportedly expected LinkedIn’s quarter revenue to be $244.2, which the company exceed by about $8 million. The San Francisco based company stock is up about 70% for the year, challenging the notion that this stock (like most social media companies) is over-valued.What’s Up At Yelp?Yelp’s success can be traced to its growing mobile prowess and accessibility. In today’s conference call for earnings, chief executive Jeremy Stoppelman said the company was “very pleased” with its September Apple iOS6 integration, which is officially tied to both Siri and Apple Maps. Yelp’s mobile apps have been used on about 8 million mobile devices each month during the third quarter, with 45% of all Yelp searches performed via the app. The company now projects its total revenue upwards of $136 million for all of 2012, which would represent growth of more than 60% over last year. And Yelp lost less money this quarter versus this time last year, to the tune of a net loss of $2 million or $0.03 per share, compared to a $3.8 million, or $0.24 per share in 2011.While Yelp underperformed slightly in sales, pulling about $5 million less than it expected, it matched its projected total revenue. But the real story here are the company’s recent moves to broaden its reach.Yelp is now in 96 markets worldwide and last week acquired Europe’s biggest local review website Qype GmbH for about $50 million. Qype is in 13 countries and its site boasts 15 million unique visitors monthly. This quarter Yelp’s cumulative reviews grew 49% year over year to more than 33 million. With the addition of Qype, those numbers should keep going up. Bottom-line: These moves help position Yelp to go head-to-head with Google and Facebook for users and advertisers. Image courtesy of Shutterstock. Tags:#earnings#LinkedIn#yelp