PM flags off Varanasi-Vadodara train

first_imgPrime Minister Narendra Modi flagged off a Mahanama Express train between Vadodara in Gujarat and Varanasi in Uttar Pradesh on Friday, connecting the two Lok Sabha constituencies he won from in the 2014 Lok Sabha elections. Mr. Modi flagged off the train through video conferencing in Varanasi. “Though the Prime Minister is in Varanasi, his heart is still in Vadodara,” Railway Minister Piyush Goyal said here. The train is being flagged off ahead of the Gujarat Assembly elections later this year. The Mahanama Express has enhanced passenger amenities such as a redesigned ladder, LED lights, an odour-control system and more charging points for electronic gadgets. It has eight sleeper, two two-tier AC and one first-class AC coaches.“This will be the first long-distance passenger train originating from Vadodara. All other trains mainly originate from Ahmedabad. So it will be beneficial for people of Vadodara and Surat,” Mr. Goyal said. Seven-hour gainHe added that the time taken to travel between Vadodara and Varanasi would reduce by seven hours. The Minister said the Railways had increased investment in Gujarat by over 600% to ₹4,000 crore in the past three years.last_img read more

Time to face the monster

first_imgThe league’s winningest coach was referring to three-time Philippine Cup defending champion San Miguel Beermen and their prized big man June Mar Fajardo, the four-time Most Valuable Player.Either way, Cone knows there will be little room for error against a team that packs so much depth and firepower.FEATURED STORIESSPORTSWATCH: Drones light up sky in final leg of SEA Games torch runSPORTSLillard, Anthony lead Blazers over ThunderSPORTSMalditas save PH from shutout“We’re hoping for one heck of a series,” said Cone, after the Gin Kings hammered out a 99-91 victory over the Elasto Painters to complete a sweep of their best-of-three quarterfinal series Wednesday night at Smart Araneta Coliseum.“San Miguel has won the last three championships of this conference for a reason. They’re playing great basketball and they have June Mar (Fajardo). TNT was playing well and they still couldn’t beat San Miguel.” LATEST STORIES Police teams find crossbows, bows in HK university PLAY LIST 01:29Police teams find crossbows, bows in HK university01:35Panelo suggests discounted SEA Games tickets for students02:49Robredo: True leaders perform well despite having ‘uninspiring’ boss02:42PH underwater hockey team aims to make waves in SEA Games01:44Philippines marks anniversary of massacre with calls for justice01:19Fire erupts in Barangay Tatalon in Quezon City Read Next The Beermen did not need their twice-to-beat advantage to advance to the semifinals as they bundled out the Texters, 106-93, with Fajardo banging in 35 points.The other semifinal series will feature Magnolia vs NLEX after the Road Warriors also swept Alaska after an 87-83 victory in the other game.This marks NLEX’s first semifinal stint in franchise history.Nonetheless, Cone was relieved to overcome Rain or Shine, which forced them into a triple overtime battle last Friday and put up a brave stand in the quarterfinals, particularly in Game 2 when they came within 92-89 on Beau Belga’s layup with under two minutes remaining.Joe Devance and Japeth Aguilar made back-to-back baskets to push the lead back to seven before LA Tenorio hit three free throws to seal the victory for the Gin Kings, who lost to the Beermen in the finals of last year’s All Filipino tournament.ADVERTISEMENT “It’s a huge relief to get through (Rain or Shine) and now we face the monsters that’s San Miguel and June Mar,” he said. LOOK: Iya Villania meets ‘Jumanji: The Next Level’ cast in Mexico Alido, Nakajima joint leaders Pussycat Dolls set for reunion tour after 10-year hiatus Typhoon Kammuri accelerates, gains strength en route to PH After disposing of a Rain or Shine team that dragged his team into three tough battles in five days, Barangay Ginebra coach Tim Cone is now bracing for what he calls the “monsters” of the Philippine Basketball Association.ADVERTISEMENT Google honors food scientist, banana ketchup inventor and war hero Maria Orosa MOST READ Brace for potentially devastating typhoon approaching PH – NDRRMC Typhoon ‘Tisoy’ threatens Games Families in US enclave in north Mexico hold sad Thanksgiving John Lloyd Cruz a dashing guest at Vhong Navarro’s wedding Don’t miss out on the latest news and information. View commentslast_img read more

Cavaliers Parade Past Knicks, 101-83

first_imgNEW YORK — LeBron James was sitting comfortably on the bench and figured on staying there. Then J.R. Smith and Iman Shumpert punctuated their return to New York with an alley-oop that demanded he stand.“That was beautiful, that was special,” James said. “I was planning on not getting up too many times off the bench, start my treatment session, but that was special.”James and Kyrie Irving each scored 18 points, Smith had 17 and the Cleveland Cavaliers crushed the Knicks 101-83 on Feb. 22.James moved past Allen Iverson into 22nd place on the career scoring list, and added seven rebounds and seven assists.Kevin Love finished with 16 points and 16 boards, combining with James and Irving to outscore the inept Knicks in the first half.Cleveland won for the 16th time in 18 games and got good performances from Smith and Shumpert, who were acquired by the Cavs on Jan. 5 and have helped solidify a team that was still below.500 shortly after the trade.“I think it’s great,” Smith said. “Our mindsets have changed, as opposed to trying to get a win to expecting to win every game.”The Cavaliers are 35-22 now and have been untouchable since returning from the All-Star break, hammering Washington by 38 on Feb. 20 and leading this one by 30.Shumpert came off the bench for four points, five rebounds and seven assists, one of them when Smith jumped to catch his lob pass and slammed it down with his back to the basket for an 89-59 lead. The two guards hugged, and Smith jumped into James’ arms heading back to the bench.“I even told him in the timeout, ‘Thank you for the price of admission,’” Cavs coach David Blatt said. “That was special and really nice that it was here in New York.”Langston Galloway scored 13 for the Knicks, who shot 3 for 19 from 3-point range and lost their seventh straight.It was 62-38 at halftime and James, Love and Irving had 39 points. The Knicks missed all nine 3-point attempts in the first half.“It’s the same thing occurring over and over. It’s nothing new,” Knicks guard Tim Hardaway Jr. said. “We need a better start to games, point blank.”James has 24,383 points. He came in four behind Iverson and passed the former Philadelphia 76ers star quickly during a 12-point first quarter, when he slammed the ball so hard after a steal that it ricocheted off his left shoulder over the baseline after going through the basket.He played only 29 minutes, ending his streak of 25-point games on the road at 11.(BRIAN MAHONEY, AP Basketball Writer)TweetPinShare0 Shareslast_img read more

Mesut Ozil on target as Arsenal hammer Bournemouth in Premier League

first_imgArsenal’s Mesut Ozil marked his first Premier League start of 2019 with a goal and an assist as his side hammered Bournemouth 5-1 in their Premier League clash at the Emirates Stadium on Wednesday.The German attacking midfielder had not started a game for Arsenal since their 1-1 draw away to Brighton & Hove Albion on December 26 due to a knee problem, but showed no ring rust as he rattled home the first goal in the fourth minute.Ozil, who has become a fairly peripheral figure during manager Unai Emery’s tenure, then turned provider for the home side in the 27th minute.He drew out Bournemouth goalkeeper Artur Boruc before playing a simple pass to allow Henrikh Mkhitaryan to fire into an empty net.Midfielder Matteo Guendouzi threw Bournemouth a lifeline shortly afterwards as he lost the ball on the edge of his own box to Dan Gosling, who squared it to Lys Moussett for a simple finish to make it 2-1.However, the revival was short-lived as Laurent Koscielny put Arsenal 3-1 up just after the break and Pierre-Emerick Aubameyang made it four just before the hour mark, finishing a counter-attack by rounding Boruc and slotting the ball home.Substitute Alexandre Lacazette completed the rout by scoring from a free kick 12 minutes from the end to hand Bournemouth their fourth defeat in their last five league games.It was Arsenal’s third straight league victory, with Emery delighted to welcome Ozil back into the starting line-up as he made a number of changes ahead of Saturday’s derby against Tottenham Hotspur.advertisement”(He was) good, good. I think he is happier with us. I am now also proud of every player, and the same with Mesut. He helped us with his quality and work, to be organised, and he can play in different systems,” Emery enthused.The win means that Tottenham, who remain third despite a 2-0 loss to Chelsea, are now only four points ahead of the fourth-placed Gunners going into Saturday’s showdown.Bournemouth manager Eddie Howe, reflecting on how his side have not won a league away match since October, said: “We pride ourselves on being very honest and we didn’t do the supporters justice tonight. I really feel for them.”Also Read | Luis Suarez nets brace as Barcelona thrash Real Madrid to reach Copa del Rey finalAlso Watch:last_img read more

World’s shortest living woman votes in Nagpur

first_imgJyoti Amge, who holds the Guinness World Records title for the “Shortest Living Woman”, turned up to vote at a polling station in Nagpur on Thursday (April 11).Heads turned when 25-year-old Jyoti Amge, who stands just 63 cm tall, turned up to vote at the polling booth in Nagpur, Maharashtra.Sporting a red-and-checks sleeveless dress, Jyoti Amge patiently stood in the queue and exercised her franchise.”I request all people to vote. Please vote first and then go to complete all your other works,” Amge told the media as she displayed her marked finger. Jyoti Amge shows her ink-marked finger after casting her vote at polling station during first phase of general election in Nagpur | REUTERSAmge, a celebrity cook and entrepreneur, has appeared in Bigg Boss 6. She has acted in American and Italian television series and has her own statue in the Celebrity Wax Museum, Lonavala (Pune).Also Read | Lok Sabha Election 2019: All dates, full schedule, constituency-wise details, all you need to knowAlso Read | Vidarbha key to Maharashtra in first phase of Lok Sabha ElectionsAlso Watch | BJP-Shiv Sena will win by huge margin, say supporters at PM Narendra Modi’s Latur rallylast_img read more

Power Rankings: The Top Five 6’ and Under Receivers of the Mike Gundy Era

first_imgFollowing David Glidden’s explosion last weekend (4 receptions, 145 yards, 2 touchdowns), I began thinking about the near-necessity of the undersized receiver. Over the course of Mike Gundy’s tenure in Stillwater, we’ve seen a number of 6’ and under receivers play impact roles for the Cowboys. This begged the question — who has been the best?While scanning the rosters, I noticed a good number of shorties that never really panned out. But while regulation-sized guys like Adarius Bowman, Dez Bryant and Justin Blackmon have dominated the headlines/statistics, Gundy’s squads have a good track record with guys barely tall enough to ride the Wildcat at Frontier City.Here are my top five.5. Isaiah Anderson – 5’10” (2009-2012)Isaiah Anderson comes in at number five on my list, as I was long a fan of his during my time on campus. He was a contributor on the 2011 Fiesta Bowl squad, and shined even more a year later with the 2012 team.Isaiah Anderson (USATSI)Isaiah Anderson (USATSI)His career statistics aren’t mind blowing (63 receptions, 961 yards, 8 touchdowns), but he did enough to make the list.4. Tyreek Hill – 5’8” (2014)This could be considered invalid for any number of reasons, most notably the fact he played several different positions. While he could probably be considered a running back first, return man second and then a receiver…his home run threat and ability to catch the football land him at number four.Tyreek Hill (USATSI)Tyreek Hill (USATSI)His time in Stillwater came to an unceremonious end, and his statistics (31 receptions, 281 yards, 1 touchdown) aren’t blowing socks off either. But with more time in this offense, with a full season of Mason Rudolph….  The numbers would have been there for the taking.3. David Glidden – 5’8 (2012-Current)David Glidden hits number three on this list and he’s not quite done yet. Coming off his 42 receptions, 598 yards and 2 touchdowns in 2014, he’s off to a terrific start in his final season on campus. In fact, after two games, he’s already sitting with 9 receptions, 216 yards and 2 scores. Gildden is arguably the Cowboys’ best receiver, which is uncommon for guys his size. The chemistry he’s developed with Mason Rudolph has me drooling uncontrollably. Watch out.2. Josh Stewart – 5’10 (2011-2013)Still bitter about him leaving school early, I can’t even hear the name Josh Stewart and not become overcome with grief. Fact of the matter: Stewart was/is lightning in a bottle and his chemistry with J.W. Walsh was something to behold.Josh Stewart (USATSI)Josh Stewart (USATSI)Since his exit from Stillwater, the injury bug has been devastating for Stewart. But 180 receptions, 2,204 yards and 12 touchdowns over the course of three seasons lands him firmly at number two. I miss him to this day.1. Josh Cooper – 5’11 (2008-2011)Overshadowed by a two-time Biletnikoff Award-winning teammate in Justin Blackmon, Josh Cooper was the definition of reliable over the course of his tenure in Stillwater. Blackmon accounted for 40 touchdowns during his three years on campus, but it was often Cooper who would come up with a timely catch when it was needed most.Josh Cooper. (USATSI)Josh Cooper (USATSI)His 161 receptions, 1,695 yards and 9 touchdowns are not as appealing as Josh Stewart’s numbers, but his role on the best team in school history, coupled with his reliability, make Josh Cooper my number one on this list.There you have it, folks. Feel like I’m missing something? Give me your opinion in the comments section. While you’re here, we’d like you to consider subscribing to Pistols Firing and becoming a PFB+ member. It’s a big ask from us to you, but it also comes with a load of benefits like ad-free browsing (ads stink!), access to our premium room in The Chamber and monthly giveaways.The other thing it does is help stabilize our business into the future. As it turns out, sending folks on the road to cover games and provide 24/7 Pokes coverage like the excellent article you just read costs money. Because of our subscribers, we’ve been able to improve our work and provide the best OSU news and community anywhere online. Help us keep that up.last_img read more

LIVE: Italy vs Saudi Arabia

first_imgItaly 2 Saudi Arabia 1: Balotelli repays Mancini’s faith Patric Ridge Last updated 1 year ago 04:47 5/29/18 Mario Balotelli - cropped Getty Images Mario Balotelli scored his first Italy goal in almost four years as Robert Mancini’s Azzurri side claimed a 2-1 win over Saudi Arabia. Mario Balotelli marked his return to international football in style as his goal helped Italy secure a 2-1 friendly victory over Saudi Arabia in Robert Mancini’s first match in charge.Having recalled Balotelli to the Italy squad for the first time since the 2014 World Cup, Mancini – instilled as boss on 14 May – showed no hesitation in starting his former Inter and Manchester City prodigy as the spearhead in a relatively inexperienced line-up.And Balotelli duly repaid Mancini’s faith, capping his first start since the 1-0 defeat to Uruguay on June 24, 2014, with a sublime solo strike 21 minutes into Monday’s clash in St. Gallen. Article continues below Editors’ Picks Goalkeeper crisis! Walker to the rescue but City sweating on Ederson injury ahead of Liverpool clash Out of his depth! Emery on borrowed time after another abysmal Arsenal display Diving, tactical fouls & the emerging war of words between Guardiola & Klopp Sorry, Cristiano! Pjanic is Juventus’ most important player right now Unlike the Azzurri, Saudi Arabia have qualified for this year’s World Cup, up against Egypt, Uruguay and hosts Russia in Group A, but Juan Antonio Pizzi’s side were lacklustre throughout – Domenico Criscito hitting the woodwork as Italy pressed for a second.Balotelli made way to a standing ovation just before the hour, and that change proved decisive when substitute Andrea Belotti drilled in Italy’s second on 68 minutes.Sloppy play from Davide Zappacosta enabled Yahya Al Shehri to pull one back for Saudi Arabia, but Italy – thanks to a great stop from Gianluigi Donnarumma – held firm to get Mancini’s tenure off to a winning start.26 – Tonight’s starting XI is the youngest fielded by Italy since November 2010: average age is 26 years 8 days. Fresh.— OptaPaolo (@OptaPaolo) May 28, 2018 Balotelli had the ball in the net inside two minutes, having capitalised on Mohammed Al Owais’ dreadful clearance, but Italy’s celebrations were cut short by the offside flag.Italy’s striker looked in the mood, and – after going close with a powerful header – turned a sublime pass into Alessandro Florenzi, who failed to apply the finish after rounding Al Owais.But Balotelli did not have to wait long to get on the scoresheet, the 27-year-old twisting and turning his way clear of three defenders before thumping an unerring finish into the bottom-left corner from 25 yards out – his first international strike since netting against England four years ago.GOAAAALL!!! #Balotelli !20’ WHAT A HIT! Back with a bang! #SaudiArabiaItaly 0-1 #VivoAzzurro — Italy (@azzurri) May 28, 2018 Saudi Arabia offered little attacking threat, and Italy were just inches away from extending their lead when Criscito’s venomous strike rattled the crossbar.Salem Al Dawsari’s introduction gave Saudi Arabia some impetus after the restart, though Lorenzo Pellegrini squandered a great chance to put the result beyond all doubt when he scooped over from Zappacosta’s cross.Balotelli’s impressive return came to an end on 58 minutes, and the substitution soon proved another masterstroke from Mancini as Belotti made his case for a starting berth.Having seen his initial header well saved, the Torino forward followed up the rebound, lashing in from point-blank range.Lorenzo Insigne drew a fine save from Al Owais as Italy threatened to run riot, but the Azzurri’s lead was reduced with 18 minutes remaining.Zappacosta’s slip allowed Al Dawsari to pounce and feed Al Shehri, who got the better of the onrushing Donnarumma before prodding home into an empty net.Donnarumma was Italy’s hero late on, though, AC Milan’s youngster brilliantly keeping out Fahad Al Muwallad’s close-range strike to ensure Italy claimed victory. read morelast_img read more

Cyber Monday Has Ended, But the Best Cyber Week Deals on Men’s Gear Are Here

first_imgDo you want to step up your camping game? Go ahead and check out the deals on ultralight backpacking gear. Is there an outdoor adventure on your bucket list? Starting thinking about what you’ll need and see if there are any discounts that you can take advantage of on Black Friday. Outdoor activities should not be expensive hobbies; there are usually high price tags on the highest quality gear, but sales like these allow entry-level enthusiasts to build a stockpile with emptying the bank account.We’re all about the deals, but we have to give a shoutout to REI. The nationwide coop is asking Americans to #OptOutside rather than give in to the seduction of sales on Black Friday. We wholeheartedly agree with the philosophy. As outdoorsmen ourselves, we encourage everyone from beginning backpackers to hard-core hikers to leave the comfort of the computer and get dirty this weekend.However, if you’re looking to invest in some new gear for winter, summer, or the shoulder seasons, you won’t find better prices than the ones below. Unless that is, you’re waiting to see what Cyber Monday has in store.For lightning deals and a closer look at sales on different kinds of products — kitchen appliances, grooming goods, even fashion — take a peek at The Manual’s comprehensive Black Friday deals page.The Manual may earn a commission when you buy through links on our site.[affiliate-event] Do you hear that? It’s the sound of rushing water, wind in the trees, the rustle of sand, and the thousands of other charming melodies that attract us to the great outdoors.But wait, what’s that sound underneath it all? It’s the rumble of thousands of people flocking to stores on Black Friday in search of sales.Avoid the in-store madness and get outside faster by perusing the best online deals on outdoor gear. The Manual crew will be searching for discounts from some of the top retailers in the industry — we’re talking Columbia Sportswear, Patagonia, Marmot, Mountain Hardwear, The North Face, and more — this Black Friday so you don’t have to. Below, you’ll find steep sales on everything from men’s apparel and footwear to essentials such as tents, sleeping bags, cooking utensils, and much, much more.Best Retailers:BackcountryAcademyColumbia Sportswear Editors’ Recommendations If You Haven’t Visited the Kentucky Bourbon Trail, What Are You Waiting For? The Best Labor Day Deals on Outdoor Gear from REI, Backcountry, and More center_img Best Weekend Sales on Menswear and Gear: Huckberry, Allen Edmonds, J. Crew, and More 14 Best Outdoor Stores in the United States Best Labor Day Sales on Men’s Clothes, Shoes, Accessories, and Morelast_img read more

SOCAR Chooses Transas’ Fast Rescue Boat Simulator

first_imgzoom Transas Marine has successfully completed installation of the Fast Rescue Boat Simulator for the State Oil Company of the Azerbaijan Republic (SOCAR) Education Training and Certification Department. The simulator is based on the latest Transas Navi-Trainer Professional software (NTPRO) and will be used to train the SOCAR personnel to ensure safety at sea.Training will be focused on Search and Rescue operations, in particular rescue boats operation, helicopter operation, and coordination of SAR operations in most adverse weather conditions. Simultaneous recording and playback, as well as use of equipment and data exchange in real time are the most effective means for crew training in rescue of human life at sea. The Search and Rescue functionality of the Transas Navigational simulator NTPRO 5000 enables training in accordance with the IAMSAR manual (edited jointly by the International Civil Aviation Organisation and International Maritime Organisation).The State Oil Company of the Azerbaijan Republic (SOCAR) is involved in exploring oil and gas fields, producing, processing, and transporting oil, gas, and gas condensate, and supplying natural gas in Azerbaijan. SOCAR corporate entities include three production divisions, two oil refineries and one gas processing plant, oil tanker fleet, deep water platform fabrication yard, two trusts, one institution, and 22 subdivisions.Transas, October 30, 2013last_img read more

Spotted New Bitumen Tanker Joins Thome Group

first_imgImage Courtesy: Thome GroupSingapore-based ship manager Thome Group has welcomed to its fleet Star River, a bitumen tanker newbuild.The naming and delivery ceremony for the vessel took place at Chengxi shipyard, part of China State Shipbuilding Corporation (CSSC), on February 5, 2018.The 37,000 dwt Star River departed the shipyard on February 6.The vessel is the first 37,000 dwt asphalt tanker built for Japanese ship owner Kumiai Senpaku by Chengxi, the shipbuilder said.Star River, which flies the flag of the Marshall Islands, currently has a market value of USD 44.21 million, VesselsValue’s data shows.World Maritime News Stafflast_img read more

Traffic Advisory Inverness Kings Counties

first_img KINGS COUNTY: Prospect Road Prospect Road from the intersection of the Irving Big Stop to Trunk 12 will be closed for culvert replacement on Tuesday, July 31. Detour on Highway 101. Work takes place from 7 a.m. to 7 p.m. Local Area Office: 902-674-2146 Fax: 902-674-2170 Local Area Office: 902-679-6122 Fax: 902-679-6187 INVERNESS COUNTY: Grand Etang – Cabot Trail Construction of approaches for temporary bridge at Grand Etang. One lane of bridge will be closed from today, July 30 until Friday, Aug. 17 Work takes place from 7 a.m to 7 p.m. NEW WORKlast_img read more

US trade gap grows to 487B in November consumer spend more on

US trade gap grows to $48.7B in November; consumer spend more on imports, while exports lag by Martin Crutsinger, The Associated Press Posted Jan 11, 2013 7:06 pm MDT AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to RedditRedditShare to 電子郵件Email WASHINGTON – The U.S. trade deficit expanded in November to its widest point in seven months, driven by a surge in imports that outpaced only modest growth in exports.The Commerce Department report Friday suggests trade will drag on economic growth in the October-December quarter. A wider trade gap slows growth because it means Americans spent more on foreign products while U.S. businesses earned less in overseas sales.Still, the report showed consumers have maintained an appetite for spending. They kept buying iPhones and other imported goods in November, despite high unemployment and low wage growth.“A strong rebound in imports is not necessarily all bad for the U.S. economy because it indicates that consumers are spending. It shows the private sector is not dead,” said Gregory Daco, senior economist at HIS Global Insight.The trade gap widened 15.8 per cent to $48.7 billion in November from October, the report noted. Imports grew 3.8 per cent, led by gains in shipments of cellphones, including Apple’s new iPhone.Exports increased only 1 per cent. And exports to Europe fell 1.3 per cent, further evidence of the prolonged debt crisis that has gripped the region.Paul Ashworth, chief U.S. economist at Capital Economics, predicts trade trimmed growth by about 0.5 percentage point in the final three months of the year. He expects fourth-quarter growth to be no more than an annual rate of 1.5 per cent. That would be nearly half the 3.1 per cent rate reported for the July-September quarter, which was helped by healthy growth in exports.Martin Schwerdtfeger, senior economist at TD Bank, also expects the trade deficit to subtract from October-December growth. But he said the flood of imports could be signalling stronger consumer spending and business investment.“The higher imports could mean that domestic consumption is improving. That would override some of the drag from a higher trade deficit,” Schwerdtfeger said.Through the first 11 months of 2012, the trade deficit is running at an annual rate of $546.6 billion. That’s roughly 2.4 per cent lower than the 2011 deficit.Imports of consumer goods grew to a monthly record in November. Much of the growth was from cellphones and other household electronics products.Oil imports dropped 2.5 per cent, reflecting a fall in prices and lower volume.Imports of foreign-made autos and auto parts rose, likely reflecting catch-up shipments following port disruptions in October caused by Superstorm Sandy.The U.S. trade deficit with China, the largest with any country, totalled $29 billion in November. That’s down slightly from the monthly record of $29.5 billion in October. But the trade gap with China is still on track to set a new annual record in 2012.Trade was a modest positive for overall economic growth in 2012 and many economists believe that trend will continue in 2013. However, that forecast is based on a view that the European debt crisis stabilizes and growth in Asia begins to rebound.In its latest outlook, a forecasting panel for the National Association for Business Economics predicted that the U.S. trade deficit for 2013 will total $533 billion, a slight improvement from the $540 billion deficit they expect when the trade numbers are totalled up for all of 2012. That expectation for a slight improvement is based on a view that export growth will outpace imports in 2013. read more

Google cutting 1200 more Motorola jobs as cellphone division struggles to compete

Google cutting 1,200 more Motorola jobs as cellphone division struggles to compete AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to RedditRedditShare to 電子郵件Email by The Associated Press Posted Mar 8, 2013 8:05 am MDT NEW YORK, N.Y. – Google is cutting an additional 1,200 jobs in its Motorola division as the unprofitable cellphone maker struggles to compete.Last summer, Google Inc. announced 4,000 Motorola job cuts. The latest reductions are in addition to those and will be in countries including the U.S., China and India.“These cuts are a continuation of the reductions we announced last summer,” Google spokeswoman Niki Fenwick said in an email.When Mountain View, Calif.-based Google bought Motorola last year for $12.4 billion, it had about 20,000 employees.The online search leader also expects to pare jobs at the division with a planned $2.35 billion sale of the Motorola set-top business, which has about 7,000 employees. Google had about 53,000 employees as of late September.Google bought Motorola primarily for its 17,000 patents, bolstering the company in the mobile device arms race with other technology companies. The cellphone business has lost market share to Apple and Samsung, however, and posted operating losses of $1.1 billion since Google completed the Motorola deal in May.Analysts have been concerned that adding a phone manufacturing business could hurt Google’s profitability and potentially alienate the other device makers that use Google’s Android mobile operating system. Samsung, HTC and other phone makers run Android. Apple and BlackBerry have their own systems.The Wall Street Journal reported the Motorola job cuts in Friday’s editions.Google shares rose $3.39 to $835.99 in premarket trading. read more