NPR's Steve Inskeep asks the Brookings Institution's Jon Valant about President-elect Trump's campaign promise to close the Department of Education.

The partial federal government shutdown is one week old, but economists are still saying that its impact in Southern California and elsewhere will be limited.

Susanne Whatley: Business analyst Mark Lacter, why is that?

Mark Lacter: If you look back on the history of these things, Susanne, you see that the disputes are resolved before too much damage gets done.  As for Southern California, I notice that KPCC's Alice Walton was asking around over the weekend about the shutdown, and most folks gave it a shrug.  The regional economy is just too diversified - and not especially tied to federal employment.  You have about 46,000 federal workers employed in L.A. County in one capacity or another - that's out of a workforce of nearly 5 million.  And, now it appears as if the federal employees who have been furloughed are going to receive their back wages whenever the shutdown finally ends.

Whatley: That still might make things dicey when it comes time to pay the monthly mortgage...

Lacter: ...but at least money will be available before most folks run into serious liquidity issues.  That's what the shutdown really comes down to - inconvenience rather than dislocation.  And, you see this with the various government services affected: the E-Verify website is down - that lets business owners know whether the people they're wanting to hire can work legally in the U.S., which obviously is important.  The Small Business Administration has stopped processing loan applications, and the Federal Housing Administration is reporting delays in its loan processing, which could mean a home buyer might not complete his or her paperwork all that quickly.

Whatley: But, what if this were to go on for months?

Lacter: Well, then it would create problems, but nobody really thinks that's going to happen.  The real issue, not just nationally and regionally - but globally - is the refusal by Congress to raise the debt ceiling.  The deadline is a week from Thursday, and - of course - there's been all sorts of debate about what this would mean for the economy.

Whatley: All right, so what would this mean for the economy?

Lacter: Well, no one knows exactly.  But, then again, no one knows exactly what would happen if you fell out of a airplane without a parachute.  I just wouldn't want to test it out.  And, of course, let's keep in mind that these are manufactured crises - not reflective of anything that's going on with the real economy.  It's certainly not reflective of anything that's going on in L.A., which saw a big jump in payroll jobs for 2012 - actually it was the sharpest increase since 2005, and nearly double the national rate (that's despite an unemployment rate that remains very high in certain parts of Los Angeles).

Whatley: What about some of the big locally based companies?

Lacter: Well, if your company is publicly traded, there's a good chance your shares took a dip these past few days.  Going back to September 18, the Dow has lost almost 700 points, which - percentage-wise - is not very much, but it is reflective of how uneasy Wall Street has become.  Public companies based in the L.A. area are taking it on the chin - Disney, Amgen, Mattel, DirecTV - their stock prices are all down going back to the middle of September.

Whatley: Even so, hasn't this been a good year for the stock market?

Lacter: It has - those local companies are up anywhere from 13 percent 30 percent year to date, and the Dow is up 14 percent year to date.  Of course, the stock price of a company doesn't always match the amount of money it makes, and this year, even before worries about the debt ceiling, the numbers haven't been as good as they should be at this stage of a recovery.  And, that's why there's particular concern about next week.  You do have to wonder whether a default could have ripple effects involving trade, consumer spending, the dollar - who knows what?  Now, it's still a pretty good bet that saner heads will prevail, although there are no guarantees - and again, if worse came to worse, do you really want to be jumping out of that plane?  Guess we'll find out.

Mark Lacter writes for Los Angeles Magazine and pens the business blog at LA Observed.com.

This content is from Southern California Public Radio. View the original story at SCPR.org.

The Workers Compensation Research Institute is holding a webinar on Nov. 21 to discuss findings from a recent study of the impact of attorney representation on claim payments. Bogdan Sayvch The…

ULAANBAATAR, 30 June 2016 – Election day was orderly and followed a competitive campaign. This, however, did not offset the impact of late fundamental changes to election laws on Mongolia’s democratic development, the international observers concluded in a preliminary statement released today. While the June 29 parliamentary elections were highly contested and freedoms of assembly and association were respected, restrictive campaign provisions, coupled with the media’s subservience to political interests, limited impartial and comprehensive information available to voters, the statement says.

“We were pleased to see that voting took place in a calm and peaceful manner. This was a genuinely competitive contest, with high turnout and no certainty as to which party would win. We applaud the fact Mongolia is a functioning democracy,” said Laima Liucija Andrikienė, Head of the European Parliament delegation. “There were, however, some elements which cause concern, including significant last-minute changes to the election laws, which, among other things, prevented 150,000 Mongolian citizens living outside the country, including diplomats, from voting.”

The observers said the consolidation of election legislation into a new law adopted on 25 December 2015, following an inclusive process, was a positive development toward establishing a cohesive electoral framework. However, changes in May 2016 – from a mixed electoral system to a solely majoritarian one, establishing 76 single-mandate constituencies and approving their boundaries – were introduced by parliament in a process that lacked transparency, public consultation and adherence to established criteria, the observers said. This resulted in profound population discrepancies among constituencies.

A total of 498 candidates, including 69 independents, was registered in a process that was largely inclusive and provided voters with a range of political choices. Contrary to OSCE commitments and other international obligations, however, there are disproportionate restrictions on candidacy rights the statement says. While there was general confidence in the accuracy and inclusiveness of the voting register, the May changes to the election laws also effectively disenfranchised 150,000 citizens living abroad for the parliamentary elections.

“For an election to be meaningful, voters first have to be offered a genuine choice, and voters were given that choice here. That choice also has to be between candidates competing on a level playing field and who have equal access to independent media to explain their platforms. In this, there is still work to do,” said Ambassador Audrey Glover, Head of the OSCE/ODIHR long-term election observation mission. “Elections are about voters, and the main problem for voters was understanding the significant last-minute changes to election laws, which affected the rules of the game profoundly and raised questions about political motivation.” 

Despite undue campaign restrictions, the freedoms of assembly and association were respected and candidates were generally able to convey their messages to the electorate. At times the lines were blurred between parties and the administration at both the national and local levels, the observers said. There were multiple instances of alleged vote-buying, which resulted in a number of formal complaints and the deregistration of two candidates.

The GEC received some 50 pre-election complaints. Courts reviewed 21 cases regarding candidate registration, and the police handled more than 1,000 campaign-related complaints. Although legislation clarifies the complaints and appeals process to some extent, a general lack of formalization and transparency in the process within the election administration and the protracted handling of disputes in courts undermined the right to effective remedy.

The media offered extensive election coverage, but abandoned their journalistic role, for the most part simply granting direct access to the politicians. Paid political advertisements and free airtime overshadowed editorial content, and campaign material prepared by political parties was also included in news programming, undercutting the credibility of the media. Consequently, voters were deprived of independent and analytical reporting, the observers said.

In preparation for election day, the General Election Commission met key operational deadlines and fulfilled its mandate. At the same time, the observers said, it lacked transparency and accountability to stakeholders, diminishing trust in the credibility of the process. The testing of vote-counting machines was conducted professionally by the Commission in the presence of stakeholders and, to address concerns over the machines’ accuracy and integrity, the law was amended stipulate that up to 50 per cent of polling stations would be subject to manual recounts. The procedures stipulating the manual re-count, however, were only finalized two days prior to the elections.

All parties and coalitions complied with the 20 per cent gender quota provided for by law, and 26 per cent of contestants were women. There were, however, no women candidates in more than one-third of the constituencies. While there is only one woman member of the General Election Commission, women were better represented in lower-level election commissions. Overall, women remain underrepresented in political life.

Election day proceeded in an orderly manner in most of the country and, while the right to vote was respected, the secrecy of the vote was not consistently ensured. The observers’ assessment of the counting and tabulation of votes was a notable exception to the overall positive assessment of voting, mostly as a result of significant procedural errors or omissions. A number of civil society organizations monitored the pre-election environment, including campaign finance and the media, and issued timely statements highlighting key shortcomings.

For further information, contact:
Thomas Rymer, OSCE/ODIHR, +976 95 14 1635 or +48 609 522 266, thomas.rymer@odihr.pl

Tim Boden, European Parliament, +976 99 976294 or +32 473 844431, timothy.boden@europarl.europa.eu

Related Stories

• OSCE/ODIHR opens election observation mission for parliamentary elections in Mongolia
• International election observers in Mongolia to hold press conference on Thursday
• OSCE/ODIHR observers to hold press conference in Ulaanbaatar on Friday

Jungle music was found in countless games from the early 90s. This article goes over what jungle is, where it comes from, and why it was the perfect match for PlayStation & Nintendo 64 games.

brussels — As China and Peru prepare to sign an updated free-trade agreement at this year’s Asia-Pacific Economic Cooperation summit, Chinese President Xi Jinping is set to inaugurate a Chinese-financed mega port in Peru, known as Chancay, while attending the APEC meetings. China promotes the Chancay port on Latin America's Pacific coast as a key hub to boost trade connectivity with South America. The plan includes using infrastructure projects to link Chancay, reducing shipping times for goods. A senior U.S. official downplayed the port’s implications for the United States, stating that it does not complicate U.S. relationships in the region and that it is natural for Latin American countries to have diverse trade and investment partnerships beyond the U.S. Matt Murray, the U.S. senior official for APEC, spoke to VOA on Wednesday from Lima, Peru, outlining the U.S. agenda for this year’s APEC meetings. This interview has been edited for brevity and clarity. VOA: Could you unpack for us the agenda of APEC 2024? Matt Murray, U.S. senior official for APEC: APEC, as you know, is a multilateral forum with 21 member economies that account for half of global trade and 60% of global GDP. Each year, APEC is hosted by a different member economy. The United States was delighted to host in 2023, and this year, the forum has moved to Peru for 2024. APEC always focuses on three key areas: trade and investment, innovation and digitalization, and sustainable, strong, secure, inclusive and balanced growth. Peru has continued these priorities by bringing APEC economies together to discuss these issues and make progress on specific initiatives, including a renewed focus on sustainability. This year, during the energy ministerial meeting in August, Peru launched the Just Energy Transition Initiative within APEC. They have also supported new programming, focused on curbing food loss and waste in the region, which is crucial for the sustainability of our agricultural sectors. VOA: Chinese President Xi Jinping will sign an updated free-trade agreement with Peru and inaugurate a new mega port north of Lima, called Chancay. Can you talk about the implications for the United States? Murray: I think we expect countries, including APEC economies like Peru, to engage in trade and investment relationships with a variety of partners, including the People’s Republic of China. As President Xi arrives in Lima, attention will be given to areas where China has invested in Peru, as well as the trade and investment ties between the two countries. However, from the U.S. perspective, our primary focus is on our own relationship with Peru and with Latin America, particularly in terms of trade, investment and broader engagement. I don’t necessarily see this as complicating our relationship in the region. We view it as a natural part of business that Latin American countries will have diverse trade and investment partners. VOA: Given President-elect Donald Trump's stance on tariffs and the potential withdrawal from the Indo-Pacific Economic Framework, and with several IPEF members also part of APEC, how might the U.S. reassure global leaders about its commitment to deepening economic ties with other nations? Murray: Since 1989, both Democratic and Republican U.S. administrations have engaged with APEC. We view it as an opportunity to engage a wide range of partners in a consensus-based, nonbinding way. One of the key ways we reassure leaders is simply by showing up. This week, we’re showing up in a big way. The best way to demonstrate our commitment to deepening economic ties with the region is by having the president, secretary of state and U.S. trade representative all come to Lima to participate in APEC Economic Leaders Week. That, I think, demonstrates leadership and our willingness to continue engaging. VOA: What does the future look like for APEP, or Americas Partnership for Economic Prosperity, an economic initiative for Latin America, and IPEF? Murray: I don't think I can speculate on the future of these particular arrangements. As you know, this is part of our democracy. We have administrations in power that transition to new ones, which may make different or sometimes similar decisions. There are, in fact, areas where we've seen continuity from the Obama administration to the Trump administration and then to the Biden administration, and there may continue to be such continuity. So, I don’t think it's possible to speculate on any one particular issue.

In addition to the skyrocketing prices of hotel rooms, inflated Uber rates and hysteria around her presence, Taylor Swift hugely affects the sports ecosystem around her. Whether or not skeptics want to admit it, her connection to sport creates a cultural impact that can not be denied.

Bariatric surgery is still the gold standard for morbid obesity treatment, yet patients and medical professionals will likely seek less invasive weight loss drugs before considering bariatric surgery. 

The post The Rapid Growth of GLP-1s and Their Impact on Bariatric Surgery appeared first on MedCity News.

Revenue likely to grow over 50 per cent for many years, Taku says

Expanding the network of LPG distribution points in rural areas and extending financial support for refills could further increase clean fuel adoption

Import-reliant edible oil sector, heightened vegetable prices continue to exert pressure on the CPI basket, raising concerns over household inflation expectations

AI in marketing reshapes customer engagement and improves personalization. Ultimately, it enhances loyalty through smart insights and predictive strategies.

Strong developer experience directly influences project success and drives innovation, helping organizations thrive in a competitive landscape.

Naber, T V; Grasby, S E; Cuthbertson, J P; Rayner, N; Tegner, C. Geological Society of America Bulletin 2020 p. 1-17, https://doi.org/10.1130/B35792.1

Corriveau, L; Potter, E G. Canada's northern Shield: new perspectives from the Geoscience for Energy and Minerals Program; Geological Survey of Canada, Bulletin 612, 2024 p. 55-98, https://doi.org/10.4095/332495
<a href="https://geoscan.nrcan.gc.ca/images/geoscan/gid_332495.jpg"><img src="https://geoscan.nrcan.gc.ca/images/geoscan/gid_332495.jpg" title="Canada's northern Shield: new perspectives from the Geoscience for Energy and Minerals Program; Geological Survey of Canada, Bulletin 612, 2024 p. 55-98, https://doi.org/10.4095/332495" height="150" border="1" /></a>

FedEx delivered more than $85 billion in direct impact globally, including an estimated $10 billion net economic output in Europe’s Transportation, Storage, and Communications sector.

In the wake of the devastating floods in Spain, Amazon mobilized resources to support impacted communities across Valencia, Andalucia, and other eastern and southern parts of the country.

Post&Parcel Live is a seminar series from the experts at Post&Parcel. On 27 April 2017 we hosted "Solving the Inner City Challenge". In this keynote Vicky Keeble, Deliver London Programme Manager at the Cross River Partnership looks at balancing demand with environmental impact.

Post&Parcel Live is a seminar series from the experts at Post&Parcel. On 27 April 2017 we hosted "Solving the Inner City Challenge". In this keynote Rob King, Managing Director at Outspoken Deliveries explores low impact delivery solutions.

Here are the top players in each league who could get the opportunity to show what they can do at the highest level this year, perhaps even contending for Rookie of the Year honors

A school-wide clean-up drive organised by OM Philippines' Sudlon II students becomes a community-wide clean-up drive hosted the third Saturday of every month.

Young Filipinos participate in OM Philippines Alternative Learning System, a learning institution for those who have dropped out of school or failed their exams.

Artists present visual and performing arts during the international art Festival Week hosted by OM Arts International’s Incarnate programme.

Swiss youth are challenged by a group outreach to Hungary.

“I climb in the name of the young women we serve,” said Boris Salinas, who will participate in a Freedom Climb event on 26 April.

OM Ecuador's annual mission school (ECTM) impacts 13 lives, while changing one community.

“Jesus really died for me?” asks one child during a recent outreach in Cañar, where OM witnesses God impact many through sports and Bible study.

Manta, Ecuador :: Logos Hope's volunteers visit an area affected by the 2016 earthquake and share hope with children there.

CBS EcoMedia CEO Paul Polizzotto's latest company wants to make donating to nonprofits easier

1. IndiGo, Air India cancel flights to and from Bali after volcanic eruption: ‘Ash clouds may impact air travel’ | Today News  Mint
2. Deadly volcano still erupting near Indonesian holiday island: IndiGo, Air India cancel Bali flights  Moneycontrol
3. Bali volcano eruption: Tourists stranded after ash clouds from Mount Lewotobi Laki-laki force flight canc  The Times of India
4. Indonesia's volcanic eruption grounds flights on tourist island of Bali  Business Standard
5. International airlines cancel Bali flights amid ongoing volcanic eruptions in Indonesia  The Financial Express

Donald Trump has named tech gaint Elon Musk to head US Department of Government Efficiency (DoGE). Elon Musk is world's one of the most wealthiest man, with a Net Worth over $319 billion following the US Presidential elections. Before the US

Borro's team of accredited luxury asset experts and financing specialists tailor loans to meet individual and business needs, making Borro a trusted lender to over 15,000 clients since 2008.

Their products are far behind OSX and Linux. Specializing in custom nuke themes. ... Simply UK Gadgets, Online community . html Open New Window. ...

Unlike the CEOs of major public companies, whose personal financial situation has little effect on their companies borrowing, if you are a small business owner, your personal credit is a major factor influencing your companys access to capital. The power of personal credit scores to predict small business loan repayment, the legal structure of many small businesses, and small business owners’ use of personal guarantees and personal borrowing to finance business operations, all link small business owners personal credit to their companies’ access to capital.

Many, if not most, lenders will look at your personal credit score if you are a small business owner seeking a loan for your company. A 2006 report written for the U.S. Small Business Administration found that 71 percent of banks used small business owner credit scores when underwriting small business loans.

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Here are 10 trends to keep an eye on as you develop your marketing plan.

1. Social media will continue to propel consumer spending. In 2014, both Twitter and Facebook began testing a new feature that will make it easy for users to buy products and services in just a few clicks.

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Joe Spencer has seen plenty of booms and busts in his hometown of Detroit over the years running his small business, Louisiana Creole Gumbo since 1983. He watched as the auto industry imploded and housing collapsed, and he grit his teeth through the subsequent recession.

But these days, things are looking up for his resilient restaurant, famous for its gumbo served five ways. It hit $1.2 million in sales last year, leading him to open a second location.

Now one thing is on his mind: How Donald Trump stands to impact the economy, and what might that mean for endeavors like his around the country.

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Technology has started to feel like a four-letter word these days—especially in the business world. Stand by the water cooler and you might hear chatter among employees about what programs, such as machine learning and artificial intelligence, will mean for the future of jobs.

As this technology comes to life, many people fear for their professional future. They worry that robots will soon sit at their desks while they’re out on the street struggling to find work.

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Not every step you take to move your business forward will be a big one. But sometimes, even small steps can make a large impact on your future. Here are some recent tips and insights from members of the online small business community about big and small steps you can take to really make an impact on your business.

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What are the big marketing trends impacting small business? I turned to industry experts for insight. Below are seven trends that small businesses in particular should pay attention to.

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James’ post The long view of a blog is a terrific first read of the day for me today. New month. New week. New day. New UTC time offset. And it’s about one of my favorite questions, “what does my website mean to me?” The modality and presentation of content is part of the long view of...

Mark Morales-Smith discusses the Fantasy Football impact of the Cleveland Browns' most recent signing of QB Robert Griffin III.

A stereophile friend of mine with $25,000 worth of sound-reproduction equipment in his house just went spontaneously gaga over the Sonic Impact T-Amp, a $30 15-Watt amplifier that "easily outperforms amplifiers that cost 100 times more." Apparently, audiophile reviewers (like this guy) (Google cache of previous link) took what was meant as a gimmick cheap battery-powered amp and have turned it into an overnight sensation, shipping thousands of units to a modder audience that are hacking their own aluminium enclosures and the like.
This amplifier is STUNNING. And the review could stop here. Considering shipping, customs fees, VAT etc you can pay 25-30 € max for this item (non-EU Countries, make your conversions). This means the T-Amp costs more or less than a Music CD. At this price, it should deliver a multimedia-like kind of sound and shouldn't even be considered on a HiFi mag like this one. I understand you can find it hard to believe but I can assure you I found it harder, being the skeptic and investigative guy I am.
Warning: this has been the most thrilling and incredible experience I've had with a component in, say, 25 years of HiFi listening. This website has existed since 1995, I've reviewed hundreds of HiFi components, inexpensive and ridiculously overpriced ones. I never - repeat - NEVER came across such a stunning piece of gear in all of these years.

The Nigerian National Petroleum Corporation (NNPC), a state-owned entity, recently acknowledged its substantial debt of $6 billion to petrol suppliers. This admission, made in early September 2024, marks a significant development in the Nigerian oil industry, which has been grappling with various challenges. The debt revelation came after months of speculation and denials. The NNPC’s financial strain has been attributed to the gap between fixed pump prices and international fuel costs, exacerbated by the removal of fuel subsidies in 2023. This policy change led to a sharp increase in petrol prices, with motorists now paying over 45% more per litre. The financial burden has had a ripple effect on the NNPC’s operations and the broader oil industry. Suppliers have reduced the volume of petrol provided to the NNPC, resulting in a six-week-long petrol scarcity across Nigeria. This scarcity has caused significant disruptions in daily life and economic activities, highlighting the critical role of the NNPC in ensuring national energy security. Despite these challenges, the NNPC reported record crude oil sales of N14 trillion ($8.6 billion) in 2023, a substantial increase from the previous year. However, the company’s ambitious target of achieving two million barrels per day of crude oil production...

Physical exercise can also focus on flexibility, gentle cardio, improving your mental health.

Get a high intensity and total body workout with low impact exercises and movements.