This MLB Offseason Has Been Eerily Quiet

Something strange is happening with the baseball hot stove this winter. Not only is it not hot, it almost seems like it’s off.Available stars who would ordinarily have been snapped up long ago are still sitting on the shelf, which has the MLB Players Association panicking — and looking for answers. Is this simply a weak class of free agents? Have all 30 teams finally figured out that spending boatloads on veterans is usually dumb? Is the gap between contending and tanking teams to blame? Or is it just — gasp! — collusion, like the kind owners engaged in three decades ago?It’s difficult to pin down exactly why this offseason has proceeded so slowly. But the sluggish pace it has taken is quantifiable — and eye-catching. I gathered data on ESPN’s top 40 free agents1For all players ranked 40th or better on ESPN’s yearly free-agent rankings. In some years, the rankings skipped numbers, presumably because some players were ranked but did not actually hit free agency. This means that the top 40 doesn’t always include a full 40 players. for each winter going back to the 2006-07 offseason and tracked how many days it took after the end of World Series before those top players were signed. (Players technically become free agents the morning after the World Series ends.) For instance, today is Day 82 since the Astros beat the Dodgers in Game 7 of the Fall Classic, and only 43 percent of the top 40 free agents — including only two of the top 10 — have put pen to paper. How abnormal is that? Between 2006 and 2016, the average offseason saw 76 percent of the top 40 free agents inking deals by Day 82 of the offseason.Here’s what this offseason looks like so far compared to how long it usually takes for top free agents to sign: The freeze on this year’s class of free agents is alarming. For one thing, it took much longer than usual for a team to break the free-agent ice. And, aside from a brief acceleration during the winter meetings in mid-December, the pace of signings has been markedly slower than normal — particularly early in the offseason, when the biggest flurry of signings usually takes place.Only the 2008-09 offseason, when just 53 percent of top-40 players were signed by this stage of the winter, came close to lagging as much as the current slowdown. And even then, most of the biggest available names had already been signed by this point in the offseason. Granted, three of those (Mark Teixeira, CC Sabathia and A.J. Burnett) were all picked up by spendthrift Yankees. By contrast, the current Yankees made their big splash in the trade market, where they acquired Giancarlo Stanton, and the team is now trying to squeak in under the luxury-tax threshold rather than adding free agents. Perhaps in the past, slow free-agent classes could always count on the Yankees to open the pocketbook and keep the money flowing — but not this year.Before we jump to any conclusions about the owners being in cahoots, it’s worth noting that many of the explanations for this year’s issues contain at least a kernel of truth. This class of free agents is indeed mediocre — in terms of wins above replacement2Using an average of the WAR metrics found at FanGraphs and Baseball-Reference. produced by top-40 players in their previous three seasons, this is the worst crop of available talent since at least 2006.3Looking only at the most recent previous season improves this group’s standing slightly, bringing it up to sixth out of the 12 free-agent classes I examined. At the top of ESPN’s free-agent rankings, ace starter Yu Darvish is as good as any prized free agent from yesteryear, but many of the names further down the list come with legitimate issues, including Jake Arrieta’s declining value, J.D. Martinez’s inconsistent defense and Alex Cobb’s durability.It’s also true that more teams are tanking now than in years past. And the proliferation of statheads in MLB front offices over the past decade could explain why teams are no longer scrambling to offer big free-agent contracts to players who are already past their primes.As Yahoo’s Jeff Passan wrote in an excellent column last week, that final point is part of a bigger issue with the fundamental way baseball’s economics works, particularly as younger players generate more and more of the game’s on-field value. But if teams are suddenly realizing the folly of free agency, it’s also worth asking why they’ve chosen to simultaneously make their stand this year. (Bad deals still got made last season, though perhaps not as many as in the past.) The alternative explanation — collusion — is notoriously difficult to prove, however, and seems like an unbelievable risk for a group of owners who are already making money hand over fist.But the simple truth is that we don’t really know why the market for free agents is so sluggish this year. We can only prove that it is indeed historically slow-moving — and that fact alone demands an explanation. read more

Tressel Rested Buckeyes ready for grueling November schedule

Time off has not been advantageous for Ohio State in the past.   The Buckeyes have dropped three of their last four contests following a bye week, but coach Jim Tressel said he thinks the week off could pay dividends this time around when OSU hosts Penn State on Saturday. “I thought we used our time wisely,” Tressel said. “Hopefully we will be back on the field with a lot of enthusiasm and pep in our step. We did work out on Sunday for about an hour and guys seemed to be refreshed.” As the Buckeyes prepare for the home stretch of the season, Tressel said it’s also important to recover emotionally. “I think if there’s anything that you can accomplish during an open week, it’s perhaps to fill your emotional gas tank back up,” he said. “We’re going to need every ounce of emotion we can get as Penn State comes in.” Injury report Plagued by injury this season, the banged-up Buckeyes got the chance to rest and heal during their break. After suffering a foot injury in the team’s lone loss at Wisconsin, captain Ross Homan has been making strides toward full health, Tressel said. “The key will be how does he do two days in a row to see if there’s any issues,” Tressel said. “But based upon after Sunday, I would say no doubt” he’ll be ready. Tressel said he expects both Homan and fellow linebacker Dorian Bell to play Saturday. Revived running games A key to each squad’s success of late has been a resurgence from the running back position. For the Buckeyes, junior Dan “Boom” Herron eclipsed the 100-yard mark on the ground for the first time in his OSU career against Minnesota on Oct. 30. “I think ‘Boom’ has raised us through his play,” Tressel said. “I think his play has been excellent, and if he’ll play like he did this last month and like he did last November, we have a chance this November because I think he is a difference-maker.” The Nittany Lions’ leading running back, Evan Royster, has regained form from his First-Team All-Big Ten selection a year ago. Achieving 100-yard performances in each of the last two games, Royster is now PSU’s all-time leading rusher, with 3,652 yards. “Evan Royster is a guy that now has hit it into gear,” Tressel said. “I think at the beginning of the year, he probably wasn’t himself, and as the year has gone on, just like most tough backs do, he got himself back to where he’d like to be.” Featuring two of the conference’s elite rushers, dominance on the ground could be the key to victory on Saturday. “We’ve never been bashful about saying if you do well with the run game, you’ve got a chance to win,” Tressel said. Penn State quarterback duo The Nittany Lions will come to the Horseshoe with two quarterbacks who have thrown for at least 500 yards and five touchdowns: redshirt sophomore Matt McGloin and freshman Rob Bolden. Tressel said the Buckeyes expect to see both under center. “They’ve now played two quarterbacks, and I would expect that we may, perhaps, see both of them. That’s the way we would prepare,” he said. Despite having to prepare for two signal-callers, Tressel said the duo’s styles don’t differ much. Mr. November The Buckeyes are 26-4 under Tressel in November, including 14-1 since 2005. Tressel said his team knows the importance of improvement in the last month of the season. “I think they’ve done a pretty good job of believing you have to keep working to get better, and if you keep working to get better, you probably will,” he said. “Then it gives you a chance in November.” Tressel said his players understand the importance of the team’s final three games. “When I saw these schedules about four or five years ago when they said, ‘You’re going to have Penn State to start your November for a few years,’ I thought, ‘Oh,’” he said. “Not to mention you’re going to have Iowa and Michigan right after them, that’s going to put a challenge on any November record anyone would ever have. “I think our guys believe that this is a very important time.” read more

Another 16 sued for instigating students

first_imgFacebook logo. File photoPolice filed another case with Ramna police station accusing 16 social media users of instigating students during the week long street protests for road safety, news agency UNB reports.Assistant sub-inspector (ASI) of the cybercrime unit under Dhaka Metropolitan Police, Ojoy Kumar Biswash filed the case with the police station under Section 57 of the Information and Communication Technology Act on Sunday, DMP deputy commissioner (Media)Masudur Rahman said on Sunday.According to the First Information Report (FIR) of the case, the plaintiff alleged that provocative posts, writings and videos were uploaded through social media aiming to deteriorate the law and order situation.Earlier, on 2 August, ASI Yeasin Meah filed a case with the same police station under Section 57 of the Information and Communication Technology Act accusing 29 social media users.last_img read more

Khaleda appears in court without senior lawyers

first_imgKhaleda Zia BNP chairperson Khaleda Zia appeared in the makeshift court set up in the old central jail on Nazimuddin Road in Zia Orphanage Trust graft case on Wednesday, but without her senior lawyers.”You don’t get justice here. You can hand me whatever punishment you want. I am ill. I cannot come here so many times. My legs swell up if I sit like this. None of my senior lawyers came today. I would not have come had I known this,” said Khaleda, a former prime minister.The judge, Md Akhtaruzzaman, attended the court at 11:00am while Khaleda was produced before him at 12:15pm.Brought in a wheelchair, the BNP chair was wearing a purple saree, her legs covered with a white shawl.Dhaka Bar Association president Golam Mostafa Khan came to the court on the day. When he saw that none of her senior lawyers were present, the pro-BNP lawyer spoke to Khaleda with the permission of the court.”I have come here as the president of Dhaka Bar Association. The order that the court will sit here in the jail did not reach her lawyers,” he said, urging the court to set a fresh date for the debate that was scheduled for today.Anti-Corruption Commission (ACC) lawyer Mosharraf Hossain Kajal, however, claimed that the order did reach Sanaullah Mia, the most senior lawyer moving for Khaleda.In the end, judge Md Akhtaruzzaman extended the bail and set 12 and 13 September the next dates for the hearing.The ACC filed the Zia Orphanage Trust case on 3 July 2008 with Ramna Police Station accusing Khaleda, her eldest son Tarique Rahman, now living in the UK after securing bail, and four others for misappropriating over Tk 21. 0 million (2.10 crore) that came as grants for orphans from a foreign bank.last_img read more

Philippine president slammed for calling God stupid

first_imgIn this Tuesday, 11 June 2018, file photo, Philippine president Rodrigo Duterte gestures while addressing the crowd at the 120th Philippine Independence Day celebrations south of Manila, Philippines. President Duterte, notorious for having insulted the pope and former US president Barack Obama, has sparked outrage for calling God `stupid` in Asia`s bastion of Catholicism. Photo : APThe Philippine president, notorious for having cursed the pope and world leaders like former US president Barack Obama, has sparked new outrage by calling God “stupid” in Asia’s largest Catholic country.Opposition Sen Antonio Trillanes IV shot back Monday by describing president Rodrigo Duterte as “one evil man” and his remarks as “very much consistent with the deceitfulness, heartlessness and ruthlessness of his policies.” Even some of Duterte’s political allies were critical.A Catholic Bishop, Arturo Bastes, called the president a “madman” and urged Filipinos to pray for an end to Duterte’s “blasphemous utterances and dictatorial tendencies.””Duterte’s tirade against God and the Bible reveals again that he is a psychological freak, a psychopath, an abnormal mind who should have not been elected as president of our civilized and Christian nation,” Bastes said.Another bishop, Ruperto Santos, said the president had crossed a line.Duterte questioned in a televised speech Friday the Biblical story of man’s creation and asked why God created Adam and Eve only to allow them to succumb to temptation that destroyed their purity.”Who is this stupid God? This son of a bitch is then really stupid,” said the 73-year-old leader, known for his rambling public statements. “How can you rationalise a God? Do you believe?”Duterte lamented that Adam and Eve’s sin in Christian theology resulted in all the faithful falling from divine grace. “You were not involved but now you’re stained with an original sins … What kind of a religion is that? That’s what I can’t accept, very stupid proposition,” he said.Sen Panfilo Lacson, a former national police chief, said he has often backed Duterte’s policies, but after the president’s utterances against God “to whom I pray every single day and with whom I’ve found solace and comfort in all my difficult times, I don’t even have to think of my choice.””May my God forgive him and make him atone for all his sins,” Lacson said.Duterte’s spokesman defended his remarks, saying the president has the right to express his opinion on religion and cited his previous disclosure that he was once sexually abused as a student by a priest.Duterte stressed that right in another speech Monday. “Why do you bind me with something very stupid? I was given my own mind by God.”Duterte shocked Filipino Catholics in 2015 when he cursed visiting Pope Francis for having triggered a monstrous traffic in Manila. He later apologised, but has repeatedly lashed out at bishops and the dominant Catholic church, which has criticised his bloody crackdown on illegal drugs.Obama, who also raised alarm over the drug killings under Duterte, was also a target of the Philippine leader’s tongue-lashing. He once said the American leader should “go to hell.”The former longtime city mayor has repeatedly declared he does not care about human rights and has threatened drug dealers and other criminals with death. He warned he would withdraw the Philippines from the United Nations after its human rights experts called for an independent investigation into extrajudicial killings under his rule. He described the world body as hypocritical for failing to prevent genocides worldwide.last_img

Holey Artisan trial begins two and a half years since incident

first_imgHoley Artisan. File PhotoToday marks three years since the militant attack on Holey Artisan Bakery on road 79, Gulshan in the capital city. On 1 July 2016, members of an IS-backed militant group stormed into the restaurant and killed 22 persons there, hacking and shooting them to death. The entire country was gripped in panic. The situation is under control now. Two and a half years after the incident, the charge sheet of the case was submitted and the trial has begun.So far 60 persons have given their testimony as witnesses during 27 working days of the special anti-terrorism tribunal. The witnesses appearing in court include police members who tackled the situation from the outset, the employees who had hid in the bathroom of Holey Artisan throughout the night, Sharmeen Parveen who had been held hostage and also those who had unwittingly rented their premises to the mutants who had posed as university students.It has been learnt that there had been an exchange of fire between the militants inside Holey Artisan Bakery and the police members outside at the beginning of the incident. Two members of the police, Banani police station’s officer in charge (OC) Salahuddin and senior assistant commissioner of Dhaka Metropolitan Police Detective Branch (DB) Rabiul Karim, were killed.However, on 18 June this year, constable of the Armed Police Battalion, Md Badsha, told the court that in the early morning when the commandos began their operation, he militants opened fire at the law enforcers for the last time. It was not known at the time if any of the militants were injured before the operation began on 2 July morning. On 21 May this year, Bhatara police station sub inspector Faruk Hossain told the court that Nibras Islam was injured in police fire in the night. On 27 May, restaurant employee Didar Hossain told the court that they were almost suffocating to death in the bathroom. The militants pulled them out in the morning and made them stand up in front of the dead bodies strewn all over.Munna Dewan informed the court that Holey Artisan chef Saiful Chowkidar and his assistant Shawon were his colleagues, employees of the restaurant, not militants. After the end of the killing and the hostage situation, at a press briefing in the army headquarters it was said that one suspect had been arrested alive. It was suspected that this was actually Shawon who had been injured with a splinter and was undergoing treatment at hospital. Saiful Chowkidar’s dead body had been lying in front of the militants. Munna Dewan had injured his leg when jumping from the roof, but he still went to see Shawon at hospital.Discrepancies in the listFaruk Ahmad is the legal counsel in this case for Rakibul Islam Regan, Aslam Hossain alias Rashed alias Rash and Shariful Islam Khaled. He repeatedly wants to drive the point home that the deaths inside Holey Artisan were caused by police fire from outside. In court, he also pointed to at last three other discrepancies.The case was filed with Gulshan police station by the police station’s sub inspector Ripon Kumar Das. He was the first witness in the case too. Investigating officer Humayun Kabir pointed to mistakes in the evidence list presented in the charge sheet. The list included 5 9mm pistols, but there were actually 2 pistols of 7.62 calibre. There other was of 9 mm caliber and one of the pistol had no hammer. And of the 28 bullets, two had marks on the back. And the AK-22 bore rifle was listed as AK-22 machine gun. It was said that there were live bullets of the AK-22. The defendants’ lawyer said there can be no scope to change the list now.It was also said that the investigating officer took written testimony from the witnesses, but so far none of the witnesses have given their testimony in writing other than one or two. Other discrepancies were also pointed out.Head of the police’s Counter Terrorism and Transnational Crime unit Munirul Islam told Prothom Alo, the Holey Artisan investigations were complex. One clue led to another. In this case, the main accused ere all killed. The charge sheet was drawn up based on the confessions of those who had been arrested and documents which they provided. He says that personally he was not happy with the charge sheet. It would have been better if the accused were alive.Police submitted the charge sheet in court on 23 July last year. There were 21 persons evidently involved in the incident, 5 who had been killed on the spot. Eight more were killed in operations carried out by the law enforcement later. And 75 clues were found at the spot of the incident. There are 211 witnesses in this case and 149 of them are eye witnesses. Speaking to Prothom Alo last night, law minister Anisul Huq said the trial of the Holey Artisan case has begun as soon as possible, in keeping with all legal regulations. The government has taken this case very seriously. Prime minister Sheikh Hasina has declared zero tolerance towards corruption and militancy. In that sense, this case is extremely important to the government.last_img read more

No 3 Justice Department Official Rachel Brand Will Step Down

first_img Share Jose Luis Magana/APAssociate Attorney General Rachel Brand speaks during the opening of the summit on Efforts to Combat Human Trafficking on Feb. 2 at the Justice Department.The No. 3 official at the Justice Department will be stepping down after less than a year, leaving a key vacancy in the succession of people who are tasked with overseeing the investigation into Russian interference in the 2016 election.Sources familiar with the decision tell NPR that Associate Attorney General Rachel Brand is leaving her post. The source said Brand, who was sworn in last May, has been in talks about becoming the top lawyer at Walmart.For months, other sources said Brand has chafed at the limits of her post at DOJ. President Trump has repeatedly attacked the law enforcement agency and sought to cast doubt on special counsel Robert Mueller’s investigation into possible ties between Russia and the Trump campaign.Her role at the Justice Department was doubly important because Attorney General Jeff Sessions has recused himself from the Russia investigation, given his role with the Trump campaign. That left Deputy Attorney General Rod Rosenstein overseeing Mueller’s investigation, and Trump and GOP allies have attacked Rosenstein at times.Scrutiny of Rosenstein from conservatives allied with Trump escalated last week after a Republican memo authored by House intelligence committee Chairman Devin Nunes, R-Calif., detailed how Justice Department and FBI officials including Rosenstein authorized surveillance on Trump campaign foreign policy adviser Carter Page, who had contact with Russians.Asked last Friday after the memo’s release whether he still had confidence in Rosenstein, Trump responded, “You figure that one out,” raising the specter he might fire the deputy attorney general. However, the White House quickly denied any plans to remove Rosenstein. But if he was let go, that would have left Brand next in line to oversee Mueller’s investigation, among Rosenstein’s other responsibilities.Brand is an expert in national security and helped defend the administration’s efforts to renew a foreign surveillance law. But she had a relatively small staff and a portfolio of issues that focused mostly on civil litigation, civil rights and other issues. In recent months, Brand delivered speeches in the administration’s fight against human trafficking.Her office oversees the Antitrust Division, the Civil Division, the Environment and Natural Resources Division, the Tax Division, the Office of Justice Programs, the Community Oriented Policing Services, the Community Relations Service, the Office of Dispute Resolution, the Office of Violence Against Women, the Office of Information and Privacy, the Executive Office for United States Trustees and the Foreign Claims Settlement Commission.Brand was also a top Justice Department official in the George W. Bush administration, helping pick nominees for federal judgeships. And she previously clerked for Supreme Court Justice Anthony Kennedy.“Rachel Brand is a lawyer of the highest caliber and integrity. I was proud to work for her in the Bush administration when she ran the Justice Department’s Office of Legal Policy and was proud to call her a colleague at [George Mason University’s] Scalia Law School,” national security expert and adjunct law professor Jamil Jaffer told NPR. “I’m certain that she’ll do great things going forward and will be in public service again in the near future.”The news of Brand’s departure was first reported by the New York Times.Copyright 2018 NPR. To see more, visit http://www.npr.org/.last_img read more

Google Starts to Monetize Voice By Bringing Paid Digital Goods Subscriptions to

first_imgDevelopers who have built both voice experiences for the Google Assistant as well as an Android app can also let users access paid digital goods in both contexts. Paid digital goods are thus far only available in the U.S., but Google said that it plans to roll them out in additional countries soon.Google announced this path to monetize voice experiences as it unveiled a revamped Google Assistant experience on mobile, where users will now have it easier to switch back and forth between using their voice and touch.“Since the Google Assistant made its debut, we’ve noticed that nearly half of all interactions with the Assistant today include both voice and touch,” said voice actions group PM Tarun Jain in a  blog post Wednesday. “With this redesign, we’re making the Assistant more visually assistive for users, combining voice with touch in a way that gives users the right controls in the right situations.” CREDIT: Courtesy of Google Google is making it easier for developers to earn money with voice experiences: Developers are now able to charge their users for digital goods via Google’s Assistant, the search giant announced Wednesday. These new monetization options will be available both through devices like the Google Home smart speaker, as well as Google Assistant-powered smart displays and phones.One of the companies making use of the new monetization feature out of the gate is meditation services provider Headspace, which now lets users of its service subscribe to its paid tier with simple voice commands.Another scenario highlighted by Google Wednesday: “Castle Master,” an interactive audio adventure for smart speakers and other devices with access to the Google Assistant, now lets users buy add-on packs to unlock additional gameplay through one-time purchases. ×Actors Reveal Their Favorite Disney PrincessesSeveral actors, like Daisy Ridley, Awkwafina, Jeff Goldblum and Gina Rodriguez, reveal their favorite Disney princesses. Rapunzel, Mulan, Ariel,Tiana, Sleeping Beauty and Jasmine all got some love from the Disney stars.More VideosVolume 0%Press shift question mark to access a list of keyboard shortcutsKeyboard Shortcutsplay/pauseincrease volumedecrease volumeseek forwardsseek backwardstoggle captionstoggle fullscreenmute/unmuteseek to %SPACE↑↓→←cfm0-9Next UpJennifer Lopez Shares How She Became a Mogul04:350.5x1x1.25×1.5x2xLive00:0002:1502:15 Popular on Variety last_img read more

Rhett Links Mythical Entertainment in Talks to Acquire Smosh EXCLUSIVE

first_img YouTube Sketch-Comedy Group Smosh Joins Studio71’s Creator Network Smosh, the YouTube comedy brand left stranded after parent company Defy Media went belly-up, may be about to get a new business partner.Mythical Entertainment, the entertainment company founded by top YouTube comedy duo Rhett & Link, has been in talks about acquiring the Smosh brand, sources told Variety. Multiple potential buyers came forward to scope out Smosh following Defy’s abrupt shutdown last November after it failed to find a buyer or secure working capital. But at this point Mythical has emerged as the likely buyer of Smosh, sources said.The combo would be a good fit — it would bring together two of YouTube’s most popular and longest-running comedy teams. Rhett McLaughlin and Link Neal are the creators and hosts of weekday YouTube series “Good Mythical Morning,” which has 15 million subscribers. There’s also a UTA connection between Rhett & Link and Smosh: McLaughlin, Neal and Hecox are each repped by the agency.A spokesman for Rhett and Link said they were attending VidCon London this week and unavailable for comment. A rep for Studio71, which co-produces and distributes Rhett & Link’s “Good Mythical Morning,” did not respond to a request for comment. Hecox didn’t respond to an email inquiry.Last fall Hecox, in the wake of Defy’s closure, reassured fans that the Smosh team was in the process of “finding a new home.”“The family that we’ve worked to build over 13 years is not going away,” Hecox wrote in a Nov. 6 tweet. “You guys have given so many of us here at Smosh the best jobs in the world, and we’re going to do whatever we can to continue to bring you the same Smoshy goodness we always have.” Hecox became the creative head of Smosh after longtime friend and co-founder Anthony Padilla left the group in 2017.Rhett and Link, who have been buddies since they met in the first grade in North Carolina, have found success with “Good Mythical Morning,” now in its 15th season. Mythical also runs a weekly “GMM” recap show called “Let’s Talk About That,” and Rhett and Link host a weekly podcast, “Ear Biscuits.” The duo also created and starred in two seasons of YouTube original series “Rhett & Link’s Buddy System,” a scripted show in which they played characters based on themselves, and penned a book, “The Book of Mythicality: A Field Guide to Curiosity, Creativity & Tomfoolery.” Among their brand deals, they appeared as spokesmen in the 2018 Super Bowl ad for website-hosting service Wix.com.The popularity of “Good Mythical Morning” led YouTube to fund an expanded version of the show — patterned on late-night TV shows — that launched in the fall of 2017, featuring multi-part segments running 22 minutes or longer daily. That didn’t last: “GMM” reverted to its original, shorter format last year, with episodes 12-15 minutes each. ‘Honest Trailers’ Creator Andy Signore Settles Defy Media Suit ×Actors Reveal Their Favorite Disney PrincessesSeveral actors, like Daisy Ridley, Awkwafina, Jeff Goldblum and Gina Rodriguez, reveal their favorite Disney princesses. Rapunzel, Mulan, Ariel,Tiana, Sleeping Beauty and Jasmine all got some love from the Disney stars.More VideosVolume 0%Press shift question mark to access a list of keyboard shortcutsKeyboard Shortcutsplay/pauseincrease volumedecrease volumeseek forwardsseek backwardstoggle captionstoggle fullscreenmute/unmuteseek to %SPACE↑↓→←cfm0-9Next UpJennifer Lopez Shares How She Became a Mogul04:350.5x1x1.25×1.5x2xLive00:0002:1502:15center_img Popular on Variety Most recently, Mythical this month teamed up with Patreon to launch The Mythical Society (mythicalsociety.com), a subscription membership program giving “Mythical Beasts” — which Rhett & Link call their fans — access to exclusive content, merchandise, behind-the-scenes footage and other perks. It’s available in three tiers, priced at $5, $10 and $20 monthly.Pictured above: Rhett McLaughlin (l.) and Link Neal Smosh, now led by co-founder Ian Hecox, dates back to 2006 and has over 24 million subscribers on its main channel alone, which features sketches and parodies of internet and pop culture. The crew also runs ancillary channels Smosh Games (7.4 million subs) and Smosh Pit (6 million). Relatedlast_img read more

Bridgmanite sample found to remain stable at lower mantle conditions

first_imgSchematic picture of the Earth’s interior. On the right side is the example of the part of the two-dimensional wide scan of x-ray diffraction image of Fe, Al-bearing bridgmanite, on the left side is the crystal structure of pure Fe-bridgmanite. Credit: Leyla Ismailova/University of Bayreuth More information: L. Ismailova et al. Stability of Fe,Al-bearing bridgmanite in the lower mantle and synthesis of pure Fe-bridgmanite, Science Advances (2016). DOI: 10.1126/sciadv.1600427AbstractThe physical and chemical properties of Earth’s mantle, as well as its dynamics and evolution, heavily depend on the phase composition of the region. On the basis of experiments in laser-heated diamond anvil cells, we demonstrate that Fe,Al-bearing bridgmanite (magnesium silicate perovskite) is stable to pressures over 120 GPa and temperatures above 3000 K. Ferric iron stabilizes Fe-rich bridgmanite such that we were able to synthesize pure iron bridgmanite at pressures between ~45 and 110 GPa. The compressibility of ferric iron–bearing bridgmanite is significantly different from any known bridgmanite, which has direct implications for the interpretation of seismic tomography data. Journal information: Science Advances (Phys.org)—A diverse team of researchers with members from Germany, France, Russia and the U.S. has subjected a sample of bridgmanite to conditions believed to be present at Earth’s lower mantle and has found that it remained stable. In their paper published in the journal Science Advances, the team describes the testing they conducted, what they found and their theory regarding the dynamo effect that is, perhaps, the source of the planet’s magnetic field Citation: Bridgmanite sample found to remain stable at lower mantle conditions (2016, July 18) retrieved 18 August 2019 from https://phys.org/news/2016-07-bridgmanite-sample-stable-mantle-conditions.html Developing a picture of the Earth’s mantlecenter_img Explore further Studying the interior of planet Earth is difficult due to the huge scale involved—researchers cannot simply drill a hole all the way to the core to grab samples of material. For that reason, they have developed and used other tools such as seismic monitors to learn more. Though the have learned much, there is still a lot that is unknown or uncertain. One of these uncertainties is the makeup of the planet’s lower mantle—the part just next to the core. Prior research has indicated that it is likely a mineral called bridgmanite. Other researchers have suggested that bridgmanite would not be stable under the very high temperature and pressure that would exist in the lower mantle. In this new effort, the researchers sought to settle this debate by bringing samples of bridgmanite into their lab and testing it.To exert very high pressure on the sample similar to that believed to exist in the lower mantle, the researchers used laser-heated diamond anvil cells—creating a vice-like grip by squeezing a very small sample between two diamonds and focusing a laser on them. The team ran several such experiments at different temperatures and pressures, maxing out at 23 gigapascals and 1,800 Kelvin. They then used X-rays to examine the samples to see how they held. The team reports that the samples held up very well and concluded that bridgmanite is stable under the conditions believed to exist at the lower mantle.The team found that when samples contained different amounts of iron, there were differing levels of stability. Those differences, they suggest, could offer an explanation for seismic activity deep in the planet which could play a role in establishing the dynamo that is responsible for the planet’s magnetic field. © 2016 Phys.org This document is subject to copyright. Apart from any fair dealing for the purpose of private study or research, no part may be reproduced without the written permission. The content is provided for information purposes only.last_img read more

Eating red onions may help combat cancer

first_imgDark red onions, known as the richest source of dietary flavonoids, may help fight off cancer of the colon and breast, a researchers has suggested.”We found that onions are excellent at killing cancer cells,” said Abdulmonem Murayyan, doctoral student at the University of Guelph in Ontario, Canada.”Onions activate pathways that encourage cancer cells to undergo cell death. They promote an unfavourable environment for cancer cells and disrupt communication between cancer cells, which inhibits growth,” Murayyan added. Also Read – Add new books to your shelfThe findings, published recently in the journal Food Research International, revealed that red onions contain high levels of quercetin — a plant polyphenol from the flavonoid group, found in many fruits, vegetables, leaves, and grains — and include benefits such as lowering inflammation and fighting allergies, among others. Further, red onions were also found to have high amounts of anthocyanin, which enriches the scavenging properties of quercetin molecules. Also Read – Over 2 hours screen time daily will make your kids impulsive”Anthocyanin is instrumental in providing colour to fruits and vegetables so it makes sense that the red onions, which are darkest in colour, would have the most cancer-fighting power,” said Murayyan.In the first study, to examine how effective onions are at killing cancer cells, researchers have found that not all onions are created equal.The team tested five onion types grown in Ontario and discovered that the Ruby Ring onion variety — that has hard, firm, tall globe-shaped bulbs with dark red colour features — came out on top. When cells of the colon and breast cancer were placed in direct contact with quercetin extracted from the five different onion varieties, the team found them effective at killing the cancerous cells.”The next step will be to test the vegetable’s cancer-fighting powers in human trials,” said Murayyan.While currently this superfood can be included in salads and on burgers as a preventative measure, researchers expect onion extract will eventually be added to food products such as juice or baked goods and be sold in pill form as a type of natural cancer treatment.last_img read more

Sacred Rides Global Events convicted and fined

first_img<< Previous PostNext Post >> Travelweek Group Tags: TICO, Travel Industry Act Share Sacred Rides, Global Events convicted and finedcenter_img Wednesday, November 23, 2016 TORONTO – Miro Brcic and Sacred Rides Mountain Bike Holidays Inc. (Sacred Rides) have pled guilty and each was convicted of one count of operating as a travel agent without registration, confirms TICO.Brcic is an owner and director of Sacred Rides, which operated in Toronto and elsewhere in Ontario. Brcic was sentenced to a fine of $3,500 plus Victim Surcharge Fine, for a total of $4,375. Sacred Rides was sentenced to a fine of $1,000 plus Victim Surcharge Fine, for a total of $1,250.Sacred Rides has applied and is now registered as a travel agent under the Travel Industry Act, 2002.In other news, in September 2016, the Ontario Court of Justice, Provincial Offences Court acquitted Global Events Management Group Inc. (Global Events) and Maher Jaber of one count each of operating as a travel agent without registration.TICO appealed to the Ontario Court of Justice, Criminal Division. The appeal was granted and the defendants were convicted of operating as a travel agent without registration. Jaber and Global Events were sentenced to a fine of $2,500 each, plus Victim Surcharge and Court Fees for a total of $6,250.More news:  Sunwing to further boost Mazatlán service with new flights from OttawaJaber and Global Events operated in Toronto and elsewhere in Ontario. Posted bylast_img read more

Cruise ban continues for schoolies

first_imgSource = e-Travel Blackboard: M.H P&O Cruises allowed to enforce ‘schoolies’ ban A ban by Carnival Australia on ‘schoolies’ cruises will continue after the Australian Human Rights Commission gave the company, operators of P&O Cruises, a two and a half year exemption from age discrimination legislation.The exemption, which covers ‘unauthorised events’ on its ships, allows P&O Cruises to apply the policy without being in breach of the Commonwealth’s Age Discrimination Act. The ban, which includes strict policies on the responsible service of alcohol and zero tolerance of excessive behaviour, is key to the company’s ‘safety-first’ approach.  “Our strong stance on ‘schoolies’ cruises is part of an approach that aims to prevent unauthorised events that could compromise the health, safety and security of our passengers and crew,” Carnival Australia chief executive Ann Sherry said.“The Australian Human Rights Commission’s determination is a commonsense outcome that will be welcomed by all cruise passengers wanting to enjoy a relaxed cruise holiday without the risk of being subject to excessive behaviour. “It effectively recognises that P&O Cruises discriminates in favour of maintaining a safe and secure environment on board our vessels.” Key to Carnival Australia’s policy is the proviso that any passenger under the age of 19 travelling between 1 November and 7 January from an Australian port must be accompanied by a responsible adult.last_img read more

Amazon Prime Videos Japanese wing has struck a de

first_imgAmazon Prime Video’s Japanese wing has struck a deal to bring major HBO titles such as Game of Thrones and Westworld to the SVOD service.Game of ThronesThe HBO shows will be made available through Amazon Japan from April 1, with its catalogue launching immediately and other series joining six months after their premieres in Japan.Silicon Valley, Big Little Lies, Girls, The Sopranos and Sex and the City are all included in the agreement.HBO previously distributed such titles through an exclusive deal with Hulu Japan, which Nippon owns.Some local reports had claimed HBO would launch a branded channel through Amazon to offer the content, but this has not come to pass.“Prime members in Japan expect to access quality and breadth of options for unlimited streaming from our Prime Video service, and we’re pleased to offer many of HBO’s great series exclusively to our Japanese customers.”Amazon scored the deal with HBO’s US distribution team, with the agreement separate to HBO Asia, which operates in 23 territories in the continent though not in Japan.last_img read more

Over a quarter of US broadband households engage i

first_imgOver a quarter of US broadband households engage in content piracy or account sharing, a new study has revealed.The report from Parks Associates entitled 360 Deep Dive: Account Sharing and Digital Piracy also found that pay-TV and OTT piracy along with account sharing will lead to US$9.1 billion (€8.1 billion) in lost revenue this year, leading to US$12.5 billion (€11.1 billion) by 2024. This increase represents a growth rate of 38%, with 27% of US broadband households currently engaging in some form of piracy or account sharing. Just under a quarter (20%) of US broadband households using a piracy app, website or jailbroken device.The most likely groups of people engage in piracy activity are male consumers under the age 35, and households with low annual incomes. These are also the demographics that most often subscribe to OTT services, representing a realistic marketing opportunity.Brett Sappington, senior research director and principal analyst at Parks Associates said: “Piracy is a complex issue that cannot be addressed with a single solution or by targeting a single use case. “Most pirates also subscribe to at least one OTT service. They are not simply thieves looking to steal content but are video enthusiasts who engage with many different services. OTT services could better reach these consumers through ad-based content, which also aligns with these users’ general belief that ‘movies/music should be given away for free.’”The report also found that consumers viewing OTT video services for free without ads are  22% more likely than average broadband households to subscribe to OTT services, three times as likely to use ad-supported services, and twice as likely to use transactional online video services. “Growing subscriber numbers and an increased number of services signal a very healthy OTT market, but more services and aggressively promoted content could incite more piracy over time,” Sappington said. “Consumers will hit an upper limit to spending eventually. When that happens, they will resort to pirate tactics to get the content that they want, particularly for sports and other content where trials are not available.”last_img read more

After extensive consultation between the Clipper

first_img“After extensive consultation between the Clipper Race Office and the Derry City and Strabane District Council, the earliest we can bring forward the required infrastructure is Wednesday 6 July.”The spokesperson revealed that the new route will only redirect slightly from the original course, ensuring competition conditions remain unchanged.“The Race Committee has agreed to adding an extension to the course of approximately 500 nautical miles from Tory Island (six miles off the north west coast of Ireland), heading North West around Rockall, east to Saint Kilda and then back to the original finish line off Shrove near Greencastle. Due to Tory Island being so close to the original route the current tactics crossing the North Atlantic will remain unchanged, and should not disadvantage any of the teams.“This will result in the arrival window in Derry opening a day earlier, with the earliest arrivals on the Foyle being from 6 July, and continuing through to 8 July, subject to the prevailing weather conditions.”The crew will receive a warm welcome on their arrival, and will have a couple of days respite before the major Foyle Maritime Festival celebrations take over the city from July 9-17.The festival features a wide array of activities taking place at locations throughout the city. The quayside will be transformed into a bustling seaside promenade with market stalls, funfairs, arts and crafts and fun for all the family.What Maritime Festival would be complete without some fish? The Clipper Race Kitchens will be literally stocked to the gills with some of the very best local produce and seafood..On Saturday July 16 a mythical and mysterious finale event celebrating the flight of the medieval maritime heroine Sunniva will bring the festival to a close before the final Parade of Sail on Sunday.The Night of the Two Moons will harness the power of the elements bringing together earth, water, light and aerial displays for an atmospheric evening of entertainment on the beautiful River Foyle.Add to that a jam packed music line-up headed up by The Riptide Movement on Friday July 15, and some adrenalin fuelled nautical displays, including dragon boat racing, wake-boarding and water skiing, and you have the perfect recipe for a fantastic weekThe Foyle Maritime Festival is supported by Tourism Northern Ireland, Foyle Port, Loughs Agency, Diageo, DuPont Kevlar and Department of Agriculture, Environment and Rural Affairs.For more information on the full Foyle Maritime Festival programme go to www.foylemaritimefestival.com.CLIPPER RACE FLEET BREAK RECORDS TO GET TO DERRY EARLY was last modified: June 30th, 2016 by John2John2 Tags: ShareTweet AS Derry gears up to welcome the Clipper Race crew to the city for a massive homecoming celebration during the Foyle Maritime Festival – the competition is hotting up at sea as the teams speed towards Derry in record breaking time.The fleet is now expected to arrive in the city ahead of schedule, with the first yachts on course to make their way up the Foyle on Wednesday July 6th.The Mayor of Derry City and Strabane District, Alderman Hilary McClintock, urged people to come out to support the teams as they arrive after their gruelling ocean crossing.“We have just found out that the fleet are arriving earlier than originally estimated and Council is now preparing to welcome them a day ahead of schedule. In previous years the city has turned out in force to line the quayside in support of the teams as they journey up the Foyle and they have received a warm welcome as they have stepped ashore after their lengthy journey. CLIPPER RACE FLEET BREAK RECORDS TO GET TO DERRY EARLY “The Derry~Londonderry~Doire crew is really blazing a trail and from what I have heard it will be a hard fought battle to steal victory in Race 12, the LegenDerry Finale, which is partly why the fleet is breaking records in its efforts to get here. I think it’s important that we acknowledge the hard work of all the crew – especially the outstanding performance of our own team – by turning out to show our support.“I met with our Skipper Daniel Smith and the rest of the team on their stopover in New York, and this destination is the one they have all been looking forward to. So let’s prepare for a LegenDerry welcome to remember.”A spokesperson for Clipper Ventures announced the early arrival last night, confirming that an extension of the route would be added this year to account for some of the time saved.“The Clipper Race fleet has made fast progress in Race 12 ‘The LegenDerry Finale’ and has broken through the North Atlantic High (NAH) much quicker than anticipated following the experience of previous editions,” the spokesperson confirmed.last_img read more

In This Issue Housing continues to show moder

first_imgIn This Issue. * Housing continues to show moderation… * Confidence at a six year high… * Brazil’s credit rating… * Trying to talk the euro lower… And, Now, Today’s Pfennig For Your Thoughts! US consumer confidence soars… Good day.and welcome to Wednesday morning. As Chris mentioned yesterday, I’ll be taking you through to the weekend and then we should be working our way back to a normal schedule next week. The combo of spring break and tax time makes it a busy stretch for many both at home and work, but there is light at the end of the tunnel. We didn’t see much drama in the markets after Chris signed off so we were led by leftovers as well as the economic data. The data here in the US yielded mixed results but I think when all of the dust settled, the markets were left feeling more upbeat. The measures of home prices were ho-hum. This report is behind the times since its giving us data from January, but the S&P/Case Shiller index on a monthly basis showed slight improvement while it actually came in lower on an annual basis. The index, which evaluates data in only 20 cities, included prices increased 13.2% compared to January 2013 and represented the smallest gain since August. Most economists are looking for home prices to continue rising, but not as much as last year. I think expectations on several asset classes, which include both real estate and equities, have been adjusted downward when compared to the large moves from 2013. Government officials have voiced concern that housing is still progressing relatively slow, but its shaping up to be an interesting dynamic as tapering continues and interest rate expectations migrate higher. Housing is a sector that is very sensitive to the interest rate environment, so as we move closer toward the unofficial end of tapering in October and assuming yields continue rising, I’m sure the Fed will be paying very close attention. In looking at the St. Louis area, I would say home prices were higher on aggregate but not by 13%. Depending where you live, results may be higher or lower, but at the end of the day, most locations have seen some kind of an increase. Since we’re already talking about housing, let’s move into February new home sales. Purchases of new homes fell 3.3% to an annual level of 440k, which was the lowest level in five months, but we are coming off a strong performance in January. This report follows the recent trend in housing as a whole where figures are showing moderation. I’m just waiting for the March and April figures to see if we have any kind of spike from pent up demand on account of the weather. Anyway, new home sales only make up a small percentage of the residential market so existing home sales carry much more weight. In fact, new homes only accounted for about 8% of the market last year and then taking it one step further, home purchases as a whole only accounts for a small part of the mortgage market. New home sales are counted when the contract gets signed instead of at close for existing homes, so they are typically used to get a current market snapshot. Its just going to be nice when we can’t use weather as an excuse so that we can get a better idea of where things actually stand. The report that stole the show really had everyone buzzing was the March consumer confidence index. It seems like there is a different confidence report for every day of the week, but the latest from the Conference Board strayed away from recent readings, which have been showing some deterioration. The current figure of 82.3 blew away both expectations and the previous reading as it was the highest since January 2008. I don’t know if those surveyed were in an extra good mood since it’s a little warmer outside or what, but it seems like this is a move that isn’t completely supported. Since consumer confidence drives consumer spending which then drives the US economy, a lot of weight was placed on this report. The measures of consumer expectations and the labor market over the next six months along with current business conditions all increased while the outlook on incomes decreased. Lynn Franco, who is the director of economic indicators at the Conference Board said that while consumers were moderately more upbeat about future job prospects and the overall economy, they were less optimistic about income growth. The measure of present conditions actually fell for the first time in five months so it just depends whether you’re talking about today or the future as to whether that warm and fuzzy feeling is present. The last report, which was the Richmond Fed index, missed by quite a bit as it came in at -7. The experts were calling for a reading of 4 and last month’s result was -6. The report indicated shipments and new orders declined while unemployment was relatively flat. So far, this is the only regional report with elevated disappointment. Moving into today’s data, we should get some market movers with durable goods and Market PMI, but that’s the extent of US data. The currency market was relatively quiet yesterday and most currencies were able to stretch a little higher against the dollar, albeit in a fairly tight range. The South African rand and Brazilian real were the only two currencies to break away from the peak as they appreciated about 0.9% and 0.5% respectively. The general risk on trading theme and higher interest rate differentials were more than enough to push the currencies higher despite shaky domestic fundamentals. We have the South African central bank meeting tomorrow and they are expected to keep rates on hold while indicating higher rates may soon be around the corner. Depending on whether you’re a glass half empty or half full kind of person, the action taken by S&P to Brazil’s credit rating will have different meanings. For the glass half empty crowd, S&P cut their credit rating one level to BBB-, which is the lowest investment grade rating. S&P said in a statement the downgrade reflects the combination of fiscal slippage, the prospect that fiscal execution will remain weak amid subdued growth in the coming years, a constrained ability to adjust policy ahead of the October elections, and some weakening in Brazil’s external accounts. They went on to say these factors underscore the government’s diminished room for maneuver in the face of external shocks. At the same time, they changed the outlook to stable from negative so this made the glass half full campers happy. The currency market decided to focus on the positive development since this indicates further downgrades will be less likely. The concern, however, is whether or not Moody’s and Fitch will decide to follow suit and cut their ratings as well. Regardless, a higher interest rate differential is here to stay in Brazil and that is what the currency market wants to see. Since the euro has been pretty sticky around 1.38, we’re starting to see more and more ECB members voicing concern and trying to do their part in jawboning the currency lower. We had one member say that negative interest rates were a tool that could be used to deal with a stronger euro. Negative rates just means that banks would be required to pay interest when parking money at the ECB instead of the other way around. We also had Bundesbank president saying that the ECB could also consider buying Eurozone government bonds or top rated private sector assets to help support the economy if needed. Part of the reason the euro has risen in value was due to its resistance to additional stimulus as the economy shows improvement, so this was a material change of stance to even consider QE. Other than that, we didn’t see many other headlines relating to the currency market. The Swiss franc finished in last place with a 0.25% loss while the euro and Norwegian krone were sitting on fractional losses as I left last night. Gold and silver were both able to hold steady and post slight returns yesterday as technical traders and those buying on dips offered some support. After the initial drop last week in the renminbi, it has remained fairly steady and put together a string of slight upward momentum. As I came in this morning, it was a mixed bag of nuts as it relates to the currency market. We have a handful of currencies higher this morning, which includes the Aussie, kiwi, rand, and loonie while the Swedish krona, Swiss franc, and euro are all lower this morning. With that said, the dollar index is marginally higher this morning. Australia’s central bank conveyed optimism about the economy and Swedish consumer confidence fell more than expected, so that’s what it looks like from the top and the bottom so far today. To recap.We had housing data give mixed signals as home prices were higher on a monthly basis while they were lower on a year over year comparison. New home sales fell but we were coming off a strong showing the previous month. The market moving report was consumer confidence as it increased to the highest level since January 2008. The currency market was fairly quiet with the rand and real the only two currencies with significant moves. S&P cut Brazil’s credit rating but upgraded the outlook. ECB members are doing what they can to talk the euro lower. Currencies today 3/26/14. American Style: A$ .9227, kiwi .86, C$ .8975, euro 1.3798, sterling 1.6538, Swiss $1.1287. European Style: rand 10.6470, krone 6.0419, SEK 6.4545, forint 226.19, zloty 3.0293, koruna 19.89, RUB 35.4250, yen 102.36, sing 1.2661, HKD 7.7581, INR 60.14, China 6.1440, pesos 13.1031, BRL 2.3054, Dollar Index 80.06, Oil $99.39, 10-year 2.75%, Silver $20.08, Platinum $1.417.50, Palladium $779.00, and Gold. $1,316.75. That’s it for today.After a cold start yesterday, it turned out to be a nice decent day and its supposed to be even better today so hopefully winter has made its last stand and we’re finally in the clear. The Cardinals open the season on the road Monday in Cincinnati so that marks the official start of spring as far as I’m concerned and I can’t wait to hear Mike Shannon’s voice on the radio. I finally made it to the gym for the first time in a couple of weeks on Monday night and I’m still sore so I definitely need to get back to the routine. With a lot of empty desks to deal with, I need to get this out so that I’m not starting the day playing catch up. Until tomorrow, Have a Great Day! Mike Meyer Assistant Vice President EverBank World Marketslast_img read more

Hemp on the other hand has almost no THC Its n

first_imgHemp, on the other hand, has almost no THC. It’s next to impossible to get high from smoking it. But it’s high in CBD, which has medicinal properties and no intoxicating effects.CBD has been proven to help epileptics control and reduce the number of seizures they have. That’s according to two peer-reviewed studies published in The New England Journal of Medicine and The Lancet.In December, I showed you the remarkable story of Charlotte Figi. After only one day of treatment using CBD oils, Charlotte went from having 40 seizures every day to going a week without one.Charlotte is 12 now. She still takes daily CBD treatments. She still has some seizures. But they aren’t nearly as frequent or as severe as they were before she started her CBD treatments. Today, she can eat, walk, talk, and live a mostly normal life.However, even with all of these incredible benefits, the feds don’t see the big picture…Why the Feds Have It All WrongEven though hemp has next to no THC, it’s a strain of the cannabis plant.That’s why the feds used to classify it – along with regular cannabis, heroin, LSD, ecstasy, and peyote – as a Schedule I substance, its most severe category.Hemp’s former classification was patently ridiculous.Even if you buy the argument that high-THC cannabis should be illegal – which I don’t – it made no sense to outlaw hemp as well. Nobody was getting high on hemp. But the CBD it contains is helping people like Charlotte Figi escape the hell of severe epilepsy.Now, hemp wasn’t always illegal. Presidents George Washington and Thomas Jefferson both cultivated it. And it used to be one of the main cash crops that American farmers grew for more than a century.Congress treated hemp like any other agricultural commodity until it passed the Marihuana Tax Act of 1937. Cannabis prohibitionist Harry Anslinger, the first commissioner of the U.S. Treasury Department’s Federal Bureau of Narcotics, drafted it. His bill put punitive taxes on hemp and cannabis production… and made it illegal to be in possession of either without a license.The feds temporarily lifted these restrictions in 1942. At the time, the industrial fibers used to produce rope, cords, and cloth were in short supply. The feds wanted farmers to grow as much hemp as possible, in order to produce more of these materials and support the U.S. military in World War II.The U.S. Department of Agriculture even produced a movie called Hemp for Victory explaining the benefits of hemp cultivation to farmers. It also highlighted the history of hemp and hemp products as well as the best hemp-growing practices.Obviously, the government was aware of hemp’s industrial uses. But it reinstituted the effective prohibition of hemp after the war ended – despite its medical and non-medical applications. It was one of the most boneheaded things the government has ever done. Click here for more details Casey Research Readers: Expiring In Less than 12 Hours [Last Chance] Gone Forever At Midnight…At midnight, your best chance to join Jason Bodner’s Palm Beach Trader research service disappears… forever. And with it, your chance to claim access to Jason’s #1 recommendation and to see gains of up to $9,385 (starting at tomorrow’s opening bell). Recommended Link — — Tech Investors Take Note: Trump Makes 5G a Matter of National ImportancePresident Trump’s message makes it clear: 5G is becoming a matter of national importance. Jeff Brown, former executive and Silicon Valley insider, has been saying this privately to his followers for the better part of a year now. “The completion of the 5G wireless network is essential if America is to maintain its economic dominance over countries like China. That’s why the president and companies are pulling out all the stops to get the network built. As 5G revolutionizes our communications networks, it will also send a handful of companies soaring.” While the early-bird 5G investor window may soon be closing, there’s one company expected to be far ahead of the rest. And you can still get a piece of it for $6 a share… Growing hemp remained illegal for the next 70 or so years… until recently.That’s because President Trump signed the Farm Bill into law this past December, which legalized hemp at the federal level. Now, hemp is treated as an agricultural commodity, not a Schedule I substance.Today, there are an estimated 25,000 non-medical products that can be created from hemp. It can be used in food and beverages, cosmetics, nutritional supplements, clothing, textiles, paper, and insulation materials… to name just a few.In fact, before legalization, nearly $700 million worth of hemp-based goods were already sold in the U.S. every year. These products were made with hemp imported from China and Canada… the latter of which legalized growing hemp in 1998.It was one of those odd legal loopholes. You couldn’t grow hemp in the U.S., but you could import certain parts of the hemp plant that weren’t illegal. In other words, the U.S. was needlessly subsidizing foreigners… not exactly an “America First” deal, which is one reason why I suspect Trump legalized hemp and will eventually legalize cannabis outright.How Big the Market for Legal Hemp Is in the U.S.Americans already spend more than $700 million on products that contain hemp every year… See the graph below for the breakdown:But that’s just a snapshot of where the market is right now. Now that hemp is legal, the market will truly explode.It’s worth noting that the oracles at Whole Foods say hemp will be a “Top 10” product this year.Drugmakers will be able to openly research other uses of CBD derived from hemp.There’s no telling what medical treatments they’ll develop. What we can be sure of is that all of this will increase demand for CBD and the plant it’s extracted from – hemp.How You Can Gain Exposure to Legal Hemp StocksNow that President Trump has legalized hemp at the federal level, the floodgates have opened for hemp production – as well as CBD oil extraction – on a massive industrial scale in the U.S.I expect the CBD oil market to explode (recall that industrial hemp is used for its rich CBD content.)Market research suggests that the U.S. CBD market was worth around $500 million last year.But it could easily skyrocket to over $10 billion within the next three years. That’s 20 times its current size.As impressive as that sounds, I think it’s probably conservative. Sales of Epidiolex, the CBD drug the FDA approved to treat epilepsy, are expected to reach $1.3 billion over a similar time frame. And that’s just one CBD product.I think the U.S. CBD market could easily grow 20 times larger in the years ahead.Shares of select publicly traded companies in the CBD industry could surge even higher.This is presenting investors with another new, huge opportunity to profit from the legal cannabis megatrend. The time to position yourself is now.You must remember to be cautious when investing in legal hemp and cannabis stocks. Some of them are quality companies. But there are also plenty of bad actors out there trying to ride a wave of the mania.Regards,Nick Giambruno Chief Analyst, Crisis InvestingP.S. Only one CBD oil stock is uniquely positioned to ride the crest of this wealth wave. This is the most lucrative opportunity I have seen in a long time. That’s why watching my new video presentation is imperative. Go here to view now.Reader MailbagDo you think legal hemp is a good thing or a bad thing? Will you be investing in the sector, or sitting on the sidelines? Let us know at feedback@caseyresearch.com.We at Casey Research…Would like to cordially invite you to join Doug Casey, Nick Giambruno, and all of your favorite Casey Research gurus at the second annual Legacy Investment Summit.It’ll be in southern California from September 23-25… and it’s bound to be one of the most exciting investing conferences this year.For a limited time, you can get your tickets for hundreds less than everyone else will pay. Go here for your special offer. This is urgent – click here now before the deadline Recommended Link Justin’s note: President Trump has been an ally of the legal cannabis markets… He’s rolled back a bunch of restrictions and signed the 2018 Farm Bill into law. If you’ve been following the Dispatch – or any of Crisis Investing chief analyst Nick Giambruno’s work – you know this is a huge deal. Industrial hemp is legal at the federal level – for the first time in over 70 years.But people still don’t grasp how big of a deal legal hemp is… or why it’s going to send a niche market soaring. Early investors have a huge opportunity in this space.Read on for details on this money-making sector… and how you can profit.By Nick Giambruno, chief analyst, Crisis InvestingIn today’s essay, I’m going to show you another major milestone on the road to full cannabis legalization in the U.S.It centers on one of America’s forgotten cash crops…The applications for this crop greatly exceed those of regular cannabis. And the potential upside is almost impossible to calculate.I’m talking about hemp, which is now legal for the first time in over 70 years after the government legalized it last year.I’ll explain all the details about this big opportunity in a moment. But first, let me back up and explain what hemp is.What Is Hemp?Hemp and marijuana are from the same plant species, Cannabis sativa. They look similar, which leads to some confusion. But hemp and the type of cannabis that people smoke have different chemical compositions.Source: Naturescbdoil.comThe cannabis plant contains over 100 different cannabinoids. These are chemical compounds that react with cannabinoid receptors in the nervous and immune systems.The two most common cannabinoids are THC (tetrahydrocannabinol) and CBD (cannabidiol). Regular cannabis contains a lot of THC. That’s the chemical that gets you “high” when you ingest it.last_img read more