Why blockchain technology company FYX is important for esports betting

first_img Tags: Esports Blockchain Cryptocurrency Player-to-player betting is innovative, but FYX is leveraging its blockchain know-how towards other services too. Its partnership with Unikrn is a joint venture to bring FYX’s gambling products to the mainstream. However, betting operators have a lot more to gain from implementing blockchain technology with FYX and similar companies. Topics: Esports esports betting 6th May 2021 | By contenteditor The blockchain is highly relevant to several of esports’ most significant problems. Cheating and match-fixing concerns have blemished the sector’s public image, but the security of the blockchain could reverse that reputation. The sheer pace of esports can strain operator resources, but digital ledgers improve both automation and security. Blockchain-focused companies such as FYX are already valuable partners, but their value will increase even more as blockchain is further adopted. By Kenneth Williams Overview of FYX and its partnership with Unikrn Bets made on CryptoFights, FYX’s proprietary player-versus-player betting game, will also be hosted and recorded on a fancy new blockchain. Wagers made on Unikrn’s sportsbooks and their outcomes will also be recorded on Unikrn Virtual. The process will be entirely automated thanks to clever engineering from FYX. Partnerships between blockchain companies and betting operators could become a common occurrence thanks to the overlap. Subscribe to the iGaming newsletter Headquartered in North Carolina, FYX is a unique gaming betting platform where players can place wagers on their own matches. Originally called Kronoverse, the project is set to be released sometime in 2021 and will automatically facilitate tournaments with real cash prizes. The service is powered and recorded over the blockchain, providing security and transparency for player-to-player matches.  How is FYX bringing value to esports betting operators? FYX and esports betting operator Unikrn have announced the development of a new blockchain-based esports betting platform. What’s next for blockchain and esports betting? Logistics and integrity are the two major roadblocks preventing esports betting operators from offering more products in the space. Unikrn Virtual is the esports-exclusive bookies’ answer. Esports betting operators are already aware of the value of cryptocurrency. Quick and cheap transfers make it a preferred tender, and its connection to the blockchain protects both bettors and oddsmakers. Converting the system to track wagers is a logical step.  Why blockchain technology company FYX is important for esports betting Esports CrytpoFights, and its Unikrn Virtual hosting, is also something that betting operators should consider. Esports fans are much more likely to actively play their favourite game than traditional sports bettors. Skill-based gambling games like CryptoFights are much more appealing to esports fans than the simple, predetermined fare that currently populates digital casinos. Operators don’t need to extend themselves into game development, but skill-based PvP betting games could be the next big thing. FYX and Unikrn’s partnership isn’t solely focused on wager recording, though. The pair are breaking new ground in a market that other companies have only touched on. FYX first rose to prominence with its player-versus-player betting game CryptoFights, a one-on-one RPG-style duel based on Dungeons and Dragons combat. The combat RPG will now be hosted on Unikrn Virtual. Players duel each other for real cryptocurrency prizes and can sell loot to other users for real money. The two companies’ strategic partnership will produce blockchain-based wager recording and bring FYX’s premier title CryptoFights to the Unikrn network. AddThis Sharing ButtonsShare to LinkedInLinkedInShare to FacebookFacebookShare to TwitterTwitter Email Addresslast_img read more

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Axa Mansard Insurance Plc (MANSAR.ng) Q12015 Interim Report

first_imgAxa Mansard Insurance Plc (MANSAR.ng) listed on the Nigerian Stock Exchange under the Insurance sector has released it’s 2015 interim results for the first quarter.For more information about Axa Mansard Insurance Plc (MANSAR.ng) reports, abridged reports, interim earnings results and earnings presentations, visit the Axa Mansard Insurance Plc (MANSAR.ng) company page on AfricanFinancials.Document: Axa Mansard Insurance Plc (MANSAR.ng)  2015 interim results for the first quarter.Company ProfileAXA Mansard Insurance Plc is an insurance and asset management company in Nigeria. The company offers solution products for motor, life, travel, education and commercial insurance as well as financial advisory services, portfolio and risk management services and investment consulting services. AXA Mansard Insurance Plc’s head office is in Lagos, Nigeria. AXA Mansard Insurance Plc is listed on the Nigerian Stock Exchangelast_img read more

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Lucara Diamonds Corporation (LUC.bw) Q12015 Interim Report

first_imgLucara Diamonds Corporation (LUC.bw) listed on the Botswana Stock Exchange under the Mining sector has released it’s 2015 interim results for the first quarter.For more information about Lucara Diamonds Corporation (LUC.bw) reports, abridged reports, interim earnings results and earnings presentations, visit the Lucara Diamonds Corporation (LUC.bw) company page on AfricanFinancials.Document: Lucara Diamonds Corporation (LUC.bw)  2015 interim results for the first quarter.Company ProfileLucara Diamond Corporation is a diamond exploration and mining company which operates in southern Africa. Its principal asset is the wholly-owned Karowe Mine in Botswana where Lesidi La Rona was found; the world’s second largest gem-quality diamond. Karowe Mine consistently produces large Type IIA stones and has an estimated worth of $US2.2 billion unmined diamonds. Lucara Diamond Corporation also has interests in the Mothae Diamond Project in Lesotho and the Kavango Diamond Project in Namibia. The company was previously known as Bannockburn Resources Limited, but the name was changed to Lucara Diamond Corporation in 2007. Lucara Diamond Corporation is a member of the Lundin Group of Companies with its head office based in Vancouver, Canada.last_img read more

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Equity Bank Limited (EQTY.ke) 2019 Annual Report

first_imgEquity Bank Limited (EQTY.ke) listed on the Nairobi Securities Exchange under the Banking sector has released it’s 2019 annual report.For more information about Equity Bank Limited reports, abridged reports, interim earnings results and earnings presentations visit the Equity Bank Limited company page on AfricanFinancials.Indicative Share Trading Liquidity The total indicative share trading liquidity for Equity Bank Limited (EQTY.ke) in the past 12 months, as of 3rd June 2021, is US$180.97M (KES19.67B). An average of US$15.08M (KES1.64B) per month.Equity Bank Limited Annual Report DocumentCompany ProfileEquity Bank Limited is a financial services institution in Kenya providing banking products and services for the personal, commercial and corporate sectors. The company offers a full-service offering ranging from transactional accounts and digital banking to school fees collection, custody investment and group accounts, trade finance, asset finance and microfinance loans. Equity Bank (Kenya) Limited is a subsidiary of Equity Group Holdings Limited and its head office is in Nairobi, Kenya. Equity Bank Limited is listed on the Nairobi Securities Exchangelast_img read more

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I reckon this indicator signals a global economic recovery ahead. I’d buy shares now

first_img “This Stock Could Be Like Buying Amazon in 1997” Simply click below to discover how you can take advantage of this. See all posts by Kevin Godbold If you knew for certain global economic recovery is on the way, which shares would you buy now?Maybe you should go out and buy them because one powerful indicator signals recovery ahead. Indeed, copper prices have been shooting the lights out. And some argue that copper is good at predicting where the economy is heading.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…Global economic recovery to drive shares higherBusinesses in several sectors use copper, such as in housebuilding, consumer products, and industrial applications, among others. Demand for the metal could be driving the price higher. It’s risen around 30% over the past three months and is also up on its level at the beginning of the year – a period that includes the coronavirus dip. If copper truly is a reliable lead indicator, I’d expect shares to rise soon too.For example, bank shares are known to be early movers in and out of recessions. So we may see stocks such as Lloyds Banking Group and Standard Chartered gathering upwards momentum. Those stocks have dropped a long way since the coronavirus crisis hit the world economy. And economic recovery could boost shares in the housebuilding sector, such as Persimmon and Taylor Wimpey.But copper isn’t the only commodity that’s been buoyant lately. So we could invest directly in mining companies that will see their profits rise when commodity prices go up. There are many to choose from, such as BHP, Antofagasta, Kaz Minerals, and others.However, there’s decent-looking value in many sectors right now. And a portfolio of shares diversified across sectors and companies could do well in the years ahead… if a global recovery arrives as copper suggests it may.Diversification across sectorsIn the agriculture sector, for example, I like the look of Wynstay and Ros Agro right now. And groundworks and geotechnical solutions specialist Keller looks well-placed to benefit from global economic recovery. Meanwhile, Tate & Lyle provides ingredients and solutions to the food, beverage and other industries. And City analysts have pencilled in a double-digit recovery in earnings next year. I think the stock looks like good value.I’m keen on the fast-moving-consumer-goods sector because it’s known for its defensive and cash-generating characteristics. You could go for big operators such as Unilever, Reckitt Benckiser or British American Tobacco. But I think there’s a recovery in operations brewing for the FTSE 250’s PZ Cussons. There’s a new chief executive at the helm and a global economic recovery could help the business and the stock to thrive from where we are now.If you’re investing for the long haul, perhaps to help fund your eventual retirement, some or all the stocks mentioned could be worth considering. You could even mix a few shares with managed or tracker funds.If copper is a reliable forward indicator we could see global economic recovery ahead. To me, that means it’s a great time to get stuck into investing in shares right now. Our 6 ‘Best Buys Now’ Shares I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. I reckon this indicator signals a global economic recovery ahead. I’d buy shares now Kevin Godbold owns shares in PZ Cussons. The Motley Fool UK owns shares of and has recommended PZ Cussons and Unilever. The Motley Fool UK has recommended Lloyds Banking Group and Standard Chartered. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors.center_img Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. Enter Your Email Address Image source: Getty Images I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. Kevin Godbold | Tuesday, 14th July, 2020 last_img read more

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Fleischmann – Ossa house / Mas y Fernández Arquitectos

first_img Mexico “COPY” ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/21372/fleischmann-ossa-house-mas-y-fernandez-arquitectos Clipboard Projects Fleischmann – Ossa house / Mas y Fernández ArquitectosSave this projectSaveFleischmann – Ossa house / Mas y Fernández Arquitectos “COPY” Year:  Houses Fleischmann – Ossa house / Mas y Fernández Arquitectos Architects: Mas y Fernández Arquitectos Area Area of this architecture projectcenter_img 2006 ArchDaily Text description provided by the architects. Fleischmann – Ossa House is located in Lo Barnechea, Santiago, to host a young family, considering as part of the commission to achieve a connection and visual integration between its inhabitants. Save this picture!Recommended ProductsDoorsSaliceSliding Door System – Slider S20LightsVibiaCeiling Lights – BIGDoorsC.R. LaurenceCRL-U.S. Aluminum Entice Series Entrance SystemDoorsLonghiDoor – HeadlineTo generate spaces according to these requirements, light appears as a fundamental cutting tool in the initial volume, projecting incisions that divide it in two, allowing light and part of the garden to get inside the house. Save this picture!This strategy helps to divide the house program in two, one space mostly linked to services and the other to rest areas, which works in its length as well as transversally, being the house crossed and divided by light axes. Save this picture!As part of the proposal, design codes according to a young family have been included – contemporary lines inside a sober and pure volume. The used materials: concrete, stone, and wood is also a great value. Besides its nobility, they collaborate giving warmth and a sense of unit, with an inbuilt furniture. Save this picture!Externally, the stone organizes the volumes serving as the base for the concrete slab and the second floor, composing a facade from the street at the same time, by intercalating layers of wood, stone and concrete, achieving a final image according to the expectations of the client and the architects.Save this picture!Project gallerySee allShow lessThe Mad Traveling Fellowship in ChinaArticlesMiyi Tower and Master plan / Studio SHIFT and SWA GroupArticles Share CopyAbout this officeMas y Fernández ArquitectosOfficeFollowProductConcrete#TagsProjectsBuilt ProjectsSelected ProjectsResidential ArchitectureHousesHousesSahuayoMexicoPublished on June 02, 2009Cite: “Fleischmann – Ossa house / Mas y Fernández Arquitectos” 02 Jun 2009. ArchDaily. Accessed 12 Jun 2021. ISSN 0719-8884Read commentsBrowse the CatalogPanels / Prefabricated AssembliesTechnowoodSiding Façade SystemWindowsMitrexSolar WindowMetal PanelsAurubisCopper Surface: Nordic DécorDining tablesB&B ItaliaDining Table – BullSkylightsVELUX CommercialModular Skylights – Atrium Longlight / RidgelightLouvers / ShuttersBruagShading Screens – Perforated Facade PanelsConcreteKrytonSmart ConcreteCompositesPure + FreeFormTechnical Guide – Creating a Seamless Interior and Exterior Material TransitionEnclosures / Double Skin FacadesFranken-SchotterFacade System –  LINEAWindowsRabel Aluminium SystemsMinimal Casement Windows – Rabel 8400 Slim Super Thermal PlusDoorsGorter HatchesFloor Door – Fire RatedWire MeshCarl Stahl DecorCableGreen Wall System – FAÇADESCAPE™More products »Read commentsSave世界上最受欢迎的建筑网站现已推出你的母语版本!想浏览ArchDaily中国吗?是否翻译成中文现有为你所在地区特制的网站?想浏览ArchDaily中国吗?Take me there »✖You’ve started following your first account!Did you know?You’ll now receive updates based on what you follow! Personalize your stream and start following your favorite authors, offices and users.Go to my stream Area:  900 m² Year Completion year of this architecture project ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/21372/fleischmann-ossa-house-mas-y-fernandez-arquitectos Clipboard CopyHouses•Sahuayo, Mexico Save this picture!+ 24 Sharelast_img read more

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Lucke Orozco House / Hernández Silva Arquitectos

first_img “COPY” Projects Architects: Hernández Silva Arquitectos Year Completion year of this architecture project ArchDaily Lucke Orozco House / Hernández Silva Arquitectos CopyHouses•Guadalajara, Mexico 2008 Houses “COPY” ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/129567/lucke-orozco-house-hernandez-silva-arquitectos Clipboardcenter_img Save this picture!© Carlos Díaz Corona+ 24 Share ShareFacebookTwitterPinterestWhatsappMailOrhttps://www.archdaily.com/129567/lucke-orozco-house-hernandez-silva-arquitectos Clipboard Year:  Photographs Photographs:  Carlos Díaz CoronaText description provided by the architects. The house is located in one of the oldest residential colonies in Guadalajara, it is almost the only sheered area of a city that is mostly leveled, and this allows the place to receive good winds and to accomplish a great view from the second level at the nor-west of the city. The irregular shape of the space generates a sharp corner surrounded by the great foliage of trees that are already located on the sidewalk.Save this picture!© Carlos Díaz CoronaThe scheme is defined in perspective by two very evident brackets where one embraces the front and the other embraces the garden, the union of both generates a void that tops in the heart of the house with an internal large myrtle tree. Save this picture!© Carlos Díaz CoronaThe house was designed with high, generous and continuing spaces, there are no obstacles in sight, and the structure of the house is forged by tall beams that border the non supported spaces which allow the continuity of the view all the way to the background. Save this picture!© Carlos Díaz CoronaWhen touring the house the gardens which accompany the visitor interweave all the way through, the first of which is a great high, generous and transparent greenhouse that surrounds an extended garden of lush vegetation that rises up to 30 feet high and creates a cool and calmed atmosphere. Save this picture!© Carlos Díaz CoronaIn order to achieve a powerful formal concept, the use of the materials is almost even in all the areas, wood extends from the floor to walls and doors, ceramic floor with perfect interior finishing covers the entire surface, the volumes that stand out are a powerful and well defined spaces, in particular the raw concrete fireplace that gives strength to the big open living and the other which is a great hanging wall that divides spaces and fusions as part of the whole. Save this picture!© Carlos Díaz CoronaGuadalajara has an extraordinary weather, even though its sometimes hot, the house’s terraces are almost always peaceful all year round, the lush vegetation is always in the gardens, so the house in its social areas opens as a large terrace, the windows are stored and exterior and interior integrates as one. Save this picture!PlanThe house is jealous of its privacy, so it has a double circulation where you can flow freely through private spaces, while separating common and personnel areas. A special lattice was designed to the west side for the second level, which allows horizontal rays of sunlight and great view at the same time, the lattice is forged in two pieces that were previously glazed in advance with automotive paint, which are in addition, forming a hanging box so they do not allow any water access. Save this picture!SketchWe can resume that the house is born of the two brackets that when joined a monolithic, concise and dynamic volume is formed, where the site’s characteristics as well as the transparent and depth tours are always perceived and enjoyed.Save this picture!SectionsProject gallerySee allShow lessVintergatan / Aarhus School of ArchitectureArticlesThe Skyscraper as Citizen: Reflections on the Public Life of Private BuildingsArticles Share Lucke Orozco House / Hernández Silva ArquitectosSave this projectSaveLucke Orozco House / Hernández Silva Arquitectos CopyAbout this officeHernández Silva ArquitectosOfficeFollowProductsWoodConcrete#TagsProjectsBuilt ProjectsSelected ProjectsResidential ArchitectureHousesGuadalajaraWoodHousesMexicoPublished on April 23, 2011Cite: “Lucke Orozco House / Hernández Silva Arquitectos” 23 Apr 2011. ArchDaily. Accessed 12 Jun 2021. ISSN 0719-8884Read commentsBrowse the CatalogPanels / Prefabricated AssembliesTechnowoodPanel Façade SystemCompositesMitrexPhotovoltaic Solar Cladding – BIPV CladdingMetal PanelsAurubisMill Finished Copper: Nordic StandardDoorsRaynorThermal Sectional Doors – FlexFamily™SinksBradley Corporation USASinks with WashBar Technology – Verge LVQ SeriesExterior DeckingLunawoodThermowood DeckingStonesCosentinoNon-slip Treatment – Dekton® Grip +Metal PanelsSherwin-Williams Coil CoatingsValflon® Coating in Edmonton Public LibraryWallcovering / CladdingLinvisibileLinvisibile Boiserie and Skirting Systems | OrizzonteMineral / Organic PaintsKEIMMineral Paint in Beethoven HausWall / Ceiling LightsEureka LightingCeiling Recessed Lights – OutlineFurnitureFrapontWood Furniture and EquipmentMore products »Read commentsSave世界上最受欢迎的建筑网站现已推出你的母语版本!想浏览ArchDaily中国吗?是否翻译成中文现有为你所在地区特制的网站?想浏览ArchDaily中国吗?Take me there »✖You’ve started following your first account!Did you know?You’ll now receive updates based on what you follow! Personalize your stream and start following your favorite authors, offices and users.Go to my stream Mexicolast_img read more

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Fundraising Standards Board launches public giving campaign

first_imgThe Fundraising Standards Board is launching a public campaign to encourage the public to ‘Give With Confidence’ this Christmas. Backed by Minister of the Third Sector, Angela Smith, the Give With Confidence campaign aims to boost charitable giving this Christmas, following the nationwide fall in donations over the past year.The campaign is also designed to remind the public of the high professional standards of fundraising in the UK, and of the role of the FRSB in regulating fundraising and promoting best practice.The FRSB is working with MPs across the country, who are supporting this call by urging their local constituents to give. Advertisement Tagged with: christmas Fundraising Standards Board Giving/Philanthropy Angela Smith, Minister of the Third Sector, stressed the importance of best practice in fundraising, calling on charities and suppliers to become members of the FRSB.She said: “The Fundraising Standards Board is performing a key role in not only regulating fundraising, but providing charities with a way to demonstrate their commitment to best practice and to build confidence amongst the general public.“Members are leading the way in championing the highest fundraising standards and communicating that commitment to their supporters. I would encourage charities and suppliers to sign up to the UK’s independent self-regulatory scheme for fundraising”.Alistair McLean, Chief Executive of the FRSB, explained the reason for the campaign. “Donations have dropped by as much as 11% on last year“, he said, “and yet charitable services are more in demand than ever before. Fundraisers across the country are doing a fantastic job in raising money during such difficult times. But, we are keen to do what we can to support our members at what has traditionally been the peak time for charitable giving.”Launched in 2007, the FRSB commits its 1,100 members to the highest standards of fundraising practice, encouraging donors to ‘give with confidence’. The scheme logo, displayed by all members, is a public commitment to best fundraising practice, to being honest, legal and open in their fundraising activities.www.frsb.org.uk About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving.  38 total views,  1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThiscenter_img Howard Lake | 1 December 2009 | News AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Fundraising Standards Board launches public giving campaignlast_img read more

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New book for UK charities targeting donors in the USA

first_img Tagged with: International Howard Lake | 18 February 2014 | News  168 total views,  2 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis1 New book for UK charities targeting donors in the USA About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving.center_img AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis1 The Charity First Series has just published a new guide for UK charities that are trying to fundraise from donors in the USA.Organising and Operating a US Charity – A Guide to US 501(c)(3) Organisations is a reference guide that explains how charities can obtain and maintain US charitable status, and how they must adhere to federal tax rules that apply to charities that operate in the US.It covers the rules which govern tax deductible donations, and explains the fundraising and operational implications of qualification as a public charity or private foundation in the US.The guide has been written by two US tax specialists from Withers LLP, partner Kristin Konschnik and associate Jaime McLemore.Robert Pike and Jim Myers of SPMfundessentials, who publish The Charity First Series, added that the guide should also be of use to existing 501(c)(3) organisations, and to those in other territories that are contemplating 501(c)(3) status.Organising and Operating a US Charity – A Guide to US 501(c)(3) Organisations is available as a 38-page A4 PDF download from, priced at £12.99 (inc. VAT). A free downloadable sample is also available from the site.spirit of america / Shutterstock.com  167 total views,  1 views today Advertisementlast_img read more

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100 million join general strike in India

first_imgIndia general strike.The working and oppressed classes of India showed their strength and determination on Feb. 20-21 with a general strike that completely shut down many parts of the country and deeply affected many more.The All-India General Strike was called jointly by 11 Central Trade Unions and Independent Federations of Workers and Employees, many of which are affiliated with progressive or leftist parties. The demands include many items that will be familiar to workers around the world: protect the right to organize (end retaliation against organizing workers), stop using contract labor, raise the minimum wage and stop outsourcing jobs.In a press release issued on Feb. 20, the unions stated that “the unprecedented response to the call of strike throughout the country, much beyond our expectations, reflects truly the anger of the people against the persistent increase in the prices of diesel, gas, coal, electricity and other essential goods for the bare need of the common people.” There were also reports that many unorganized workers took part in the strikes and demonstrations. (beforeitsnews.com, Feb. 21)Although largely ignored by the bourgeois world media, the strike had a significant impact. It virtually shut down the banking and insurance sectors, industrial production and educational institutions in many parts of India, despite threats of reprisals by the national and state governments. Workers from private industries, including in the special economic zones, participated alongside public sector workers.The southern state of Kerala was largely shut down, with no buses or open shops and educational institutions and factories closed, despite threats by the state government to deduct two days’ pay from strikers. More than 200,000 garment workers in the industrial city of Tirupur, in the state of Tamil Nadu, went on strike. Coal miners from the state-run Singareni Collieries Company walked off the job in the state of Andhra Pradesh.In northern India, the states of Haryana, Punjab and Chandigarh were all heavily affected. In the city of Ambala in Harayana, Narender Singh, a bus driver and treasurer of an affiliated union, was killed Feb. 20 when a bus hit him as he was picketing. Angry protesters clashed with the police after the incident. More than a dozen union activists were injured, five of them seriously.Auto workers in the Gurgaon-Manesar industrial belt, including at Maruti Suzuki, Hero MotoCorp and Suzuki Motorcycle India, joined the second day of the strike. In the western state of Gujarat, nearly 8,000 state-owned buses were off the road, and much of the banking sector was hit.The capital of New Delhi was virtually paralyzed. In the industrial areas of Noida, near New Delhi, hundreds of factories and vehicles, including more than a dozen police cars, were damaged after workers blocked roads and clashed with police. Authorities were forced to bring in police from outside the city, along with the Provincial Armed Constabulary, to suppress protesting workers.‘Total strike’ in most populous stateAcross the country’s most populous state, Uttar Pradesh, the local media reported that the strike was total in the cities of Meerut, Ghaziabad, Noida, Kanpur, Varanasi, Lucknow, Saharanpur, Unnao, Moradabad and Allahabad. Major markets in Lucknow, like Aminabad and Hazratganj, were deserted, and operations at post offices and state-run banks were disrupted.Thousands of rail and road passengers were stranded in the eastern states of Odisha and Bihar as protesters blocked the movement of trains, buses and auto rickshaws.“Protesters are squatting on the railway tracks or capturing the locomotives. We’re just helpless,” Amitabh Prabhakar, a public relations officer for Indian Railways’ east-central zone, said by telephone. (Reuters, Feb. 20)According to Reuters, “The Associated Chambers of Commerce and Industry said … the two-day strike was expected to cause a loss of 150 billion-200 billion rupees ($2.8 billion-$3.8 billion), hurting sectors such as banking, insurance and transport.”The workers and oppressed people of India have shown that they will resist both government austerity and increased capitalist exploitation. They deserve the support and solidarity of progressives around the world.FacebookTwitterWhatsAppEmailPrintMoreShare thisFacebookTwitterWhatsAppEmailPrintMoreShare thislast_img read more

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