Warning! These 7%+ yielding FTSE 100 shares could destroy your dreams of making a million

first_img Royston Wild | Tuesday, 14th July, 2020 | More on: BATS IMB Warning! These 7%+ yielding FTSE 100 shares could destroy your dreams of making a million Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Enter Your Email Address 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. “This Stock Could Be Like Buying Amazon in 1997” 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. Our 6 ‘Best Buys Now’ Sharescenter_img Image source: Getty Images. 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. We spend a lot of time here at The Motley Fool talking about FTSE 100 shares that can make you rich. The 2020 stock market crash leaves plenty of these stocks trading at dirt-cheap prices. Our readers love to learn about how they could become millionaire-makers in the years to come by buying such brilliant blue-chips.Successful investing isn’t just down to what you do buy though. It’s important to identify UK shares that could end up costing you a fortune in the long term. Those that could be hit by a collapsing stock price, the scuppering of a previously-generous dividend policy, and so on. You also need to think about the lost returns you’re likely to have suffered had you instead invested your hard-earned cash in other stocks from the FTSE 100 and beyond.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…2 FTSE 100 shares I’d avoidI think tobacco titans British American Tobacco (LSE: BATS) and Imperial Brands (LSE: IMB) are a couple of FTSE 100 duds that could cost you a fortune in the long run. In years gone by, these FTSE 100 shares could rely on the addictive nature of their products to keep profits rolling in. That made them some of the hottest safe-haven shares in town in uncertain times like these. Smokers would battle hell or high water to keep buying their favourite cigarette brands, economic downturn or not.I believe that things are likely to prove different for Big Tobacco during this global recession though. This is why neither FTSE 100 firm has seen safe-haven demand for their shares take off in 2020. Worldwide tobacco usage has been on a sharp slide for a decade now, on rising health concerns. It’s also likely the Covid-19 pandemic will encourage even more smokers to stub out the habit, as some point to higher infection rates among tobacco users.More smoking bansIn fact, Jordan brought in a fresh smoking ban in recent days on the back of a possible correlation. The Middle Eastern country is one of the biggest tobacco consumers in the world, so it could be a serious blow to British American Tobacco and Imperial Brands. The FTSE 100 giants can expect regulatory action (like smoking bans and plain packaging requirements) to be stepped elsewhere up in the months ahead too.Legislative action like this is proven to have had a devastating impact on tobacco demand. In the UK, stick sales have plummeted by around 20m a month since plain packaging rules were introduced three years ago, according to the Tobacco Control Research Group. This compares with a drop of around 12m a month before the rules came in.I sold my Imperial Brands shares several years ago on the steady decline of its traditional combustible products. Questionmarks over future demand for their new-age vaping products like e-cigarettes encouraged me to get out too. And my decision has proven to be the correct one, as Imperial Brands’ share price has tanked 60% since I sold out.This share, along with FTSE 100 rival British American Tobacco, have the capacity to destroy your wealth in the years ahead. So I’d avoid them at all costs, and buy other Footsie shares instead. See all posts by Royston Wild Simply click below to discover how you can take advantage of this. Royston Wild has no position in any of the shares mentioned. The Motley Fool UK has recommended Imperial Brands. 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.last_img read more

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Six Nations Favourites

first_img Six Nations Table 2021 Collapse Expand Follow our Six Nations homepage which we update regularly with news and features. Who is leading the way in the Six… Six Nations Odds Also make sure you know about the Fixtures, Injuries, Table, Venues, TV Coverage by clicking on the highlighted links.Finally, don’t forget to follow Rugby World on Facebook, Twitter and Instagram Six Nations Odds Six Nations Fixtures 2022 The 2022 Six Nations… Six Nations Venues We think there are four teams currently with a chance at winning the Six Nations. IrelandOnce again Ireland go into the Six Nations off the back of yet more Rugby World Cup disappointment. Joe Schmidt is gone and Andy Farrell has come in so like Wales, there could be issues. But they have world-class players all over the pitch who have all tasted Grand Slam and Six Nations success before so they are rightly one of the teams to be wary of come tournament time.FranceSurprisingly many are picking France as one of the favourites heading into the 2020 tournament. It seems that people have not forgotten that had it not been for a moment of madness, they would have beaten 2019 Grand Slam champions Wales in the World Cup quarter-finals, and they appear to have a young exciting French side that could ruffle a few feathers. Expand Six Nations FavouritesThe 2020 Six Nations seems to be pretty wide open right now with roughly four teams all with a good chance at sitting top of the table when the tournament concludes in March.Six Nations FavouritesEnglandThe favourites for the tournament victory and also to earn the Grand Slam, England will be looking to get over their World Cup Final loss to South Africa. Jones is still at the helm and they haven’t lost any players so strong performances are expected from the men in white. They do have to play Wales and Ireland back-to-back, in the middle of the tournament which could scupper their hopes of a Grand Slam though.WalesA year on from a Grand Slam, Wales once again came close to a World Cup Final spot but ultimately fell short in what was Warren Gatland’s last match at the helm. Wayne Pivac has now taken over and will be looking to continue the high standards Gatland set. No doubt the Welsh have the players to do the same again but it would not be surprising for their to be teething problems. Six Nations Table 2021 Six Nations Venues We give the lowdown on the six venues… Expand LATEST RUGBY WORLD MAGAZINE SUBSCRIPTION DEALS Top Dogs: England are the favourites to win the Six Nations right now (Getty Images) If you fancy a bet during the 2020… Six Nations Fixtures 2022 Six Nations Fixtures 2022last_img read more

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New York: Protesters at de Blasio inauguration slam NYPD, AIDS policies

first_imgA few dozen hearty souls from New Yorkers Against Bratton, the AIDS Coalition to Unleash Power (ACT UP) and Occupy Wall Street endured frigid weather on New Year’s Day to protest at the inauguration of New York’s new mayor, Bill de Blasio.They slammed de Blasio’s choice of stop-and-frisk advocate and arch racist Bill Bratton to head the New York Police Department and de Blasio’s lack of a plan to fight HIV/AIDS, and reminded the city of the many ambitious promises he made to get the votes of poor and working people.Signs and chants informed the inauguration attendees and onlookers that “Bratton has blood on his hands,” including the deaths of Nicholas Heyward Jr., Anthony Baez, Hilton Vega, Anthony Rosario and dozens of other young people of color killed by police during his first term as New York police commissioner under Mayor Rudolph Giuliani in the 1990s.While some of the inaugural speakers made populist appeals, de Blasio was sworn in by imperialist war criminal Bill Clinton before a “who’s who” of neoliberal politicians, including Hillary Clinton and Andrew Cuomo.New Yorkers Against Bratton also announced plans to protest the police commissioner’s official swearing in at Police Plaza on Jan. 2.FacebookTwitterWhatsAppEmailPrintMoreShare thisFacebookTwitterWhatsAppEmailPrintMoreShare thislast_img read more

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Ag to Take Center Stage in Round Four of NAFTA Talks

first_imgHome Indiana Agriculture News Ag to Take Center Stage in Round Four of NAFTA Talks By NAFB News Service – Oct 6, 2017 Ag to Take Center Stage in Round Four of NAFTA Talks Previous articleBrazil Almost Out of Soybeans for ExportingNext articleEPA Action would Break President’s Promises on Protecting the RFS NAFB News Service Facebook Twitter Secretary of Agriculture Sonny Perdue talked on Wednesday about the North American Free Trade Agreement negotiations, saying he is “somewhat disappointed” with the pace of the talks. Perdue tried to offer hope to U.S. farmers by saying there’s a potential for serious agricultural discussions next week when Round Four gets underway. “Honestly, we’ve been somewhat disappointed in the first three rounds, but we think this is the way these things get going,” Perdue said. Speaking at a Washington International Trade Association event, Perdue added, “If you’ve ever watched a boxing match, they circle one another for a while, and I think we’ve been circling.” He says the administration will lay some things on the table in the next round of talks. Some of the more serious things will include the dairy trade dispute with Canada. Perdue expects both dairy and poultry to be topics of discussion in the next round of talks. He says dairy gains with Canada may be tough to achieve.The Secretary also wants to address the concerns southeast U.S. fruit and vegetable growers have over increasing competition from Mexican producers. Perdue acknowledged on Wednesday that they have been hurt by Mexican competition under NAFTA.Source: NAFB News Service SHARE Facebook Twitter SHARElast_img read more

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Severe Storms Collapse Grain Bins in Northern Indiana

first_img Facebook Twitter Home Indiana Agriculture News Severe Storms Collapse Grain Bins in Northern Indiana Grain bins in northern Indiana collapsed after severe storms ripped through the area. Photo courtesy of Ryan Martin.Severe storms made their way through the Corn Belt Monday that left some crops and grain bins in their wake.HAT Chief Meteorologist Ryan Martin says a very strong, wind-driven front started in the Northern and Eastern Plains and ripped through Iowa, Illinois, and then Indiana.“Not so much heavy rain with it. Rain totals, generally, were in that half to one-inch range, but 60, 70, 80 mile an hour winds blasting through. I saw Marshalltown, Iowa picked up 99 mile an hour wind gusts. If you want to put it in farming terms, this was one hell of a storm.”The storm did weaken as it reached Indiana, but Martin says, “We saw the storm pack a pretty good punch as it moved into western and northwestern parts of the state. We did see, I believe, a potential tornado, probably a small one, F0-F1 probably, up in the Elkhart County area. So, I know a lot of people have seen the grain bin damage out in Iowa, things like that. We had some bin damage and some bin sites that were destroyed in the Elkhart County area. Some straight-line winds other places, a few funnels being reported, some swirling winds.“Crop damage has not seemed to be that big across the state. What we’re seeing is mostly tree and infrastructure damage,” Martin added.As for what’s ahead in the forecast, many farmers across the state have been blessed with timely rains recently. Martin says those will likely continue.“We’ll end up with moisture here late this week into early next on Sunday into Monday. We’ll take all of next week off and then I think we’ll get another batch of rain to follow that up as we get started in the 11 to 16-day forecast window. So, timely rain.”You can hear Martin’s Indiana Farm Forecast daily in our podcast found below or on iTunes. SHARE SHARE Severe Storms Collapse Grain Bins in Northern Indiana By Eric Pfeiffer – Aug 11, 2020 Facebook Twitter Previous articleExperts to Break Down USDA Report on Thursday Lunch Time WebinarNext articleMonday Storm Will Put Dent in National Corn Yields; What Was Indiana Impact? on the HAT Wednesday Podcast Eric Pfeifferlast_img read more

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Let’s Get Green

first_img Top of the News Home of the Week: Unique Pasadena Home Located on Madeline Drive, Pasadena Bars & Clubs Let’s Get Green Matt Denny’s does the St. Patrick’s Day bash thing From STAFF REPORTS Published on Monday, March 10, 2014 | 2:06 pm Business News Subscribe Pasadena’s ‘626 Day’ Aims to Celebrate City, Boost Local Economy Your email address will not be published. Required fields are marked * EVENTS & ENTERTAINMENT | FOOD & DRINK | THE ARTS | REAL ESTATE | HOME & GARDEN | WELLNESS | SOCIAL SCENE | GETAWAYS | PARENTS & KIDS Make a comment Community News It’s St. Patrick’s Day next week, and that means that of course, that not only is everyone Irish, but everyone is green. It’s a thing. Matt Denny’s will be especially green that day as they lead all the snakes away from Arcadia. It’s their 15th St. Paddy’s Day Celebration. They seem to be getting the hang of it.In fact, manager Vince Agura let us in some of the plans the other day.“We’ll have a special menu on Saint Patty’s Day,” he said. “Actually Friday to Monday, there will be a special menu, with corned beef with cabbage being the primary thing.”And to continue the corned beef continuum, they’ll also be featuring a corned beef quesadilla, along with the usual corned beef sandwiches.Did someone say Irish music? The Nackers will be getting jig with it from 6:00 p.m. to 10:00 p.m, along with an opening band.It sounds like a lot of March Madness going on there, and hey, what a coincidence. There is a game on Tuesday, if you want to get a head start on the actual NCAA Tourney which whittles down to 64 next Thursday.But let’s focus now. St. Patrick’s Day. Next week, March 17th. Matt Denny’s. Corned Beef Quesadillas. You have your agenda.Matt Denny’s Ale House is at 145 East Huntington Drive, Arcadia. (626) 462-0250. www.mattdennys.com.center_img Community News More Cool Stuff Name (required)  Mail (required) (not be published)  Website  Pasadena Will Allow Vaccinated People to Go Without Masks in Most Settings Starting on Tuesday 21 recommended0 commentsShareShareTweetSharePin it HerbeautyIs It Bad To Give Your Boyfriend An Ultimatum?HerbeautyHerbeautyHerbeauty10 Of The Most Notorious Female Spies In HistoryHerbeautyHerbeautyHerbeauty6 Lies You Should Stop Telling Yourself Right NowHerbeautyHerbeautyHerbeautyJennifer Lopez And Alex Rodriguez’s Wedding DelayedHerbeautyHerbeautyHerbeauty10 Most Influential Women In HistoryHerbeautyHerbeautyHerbeautyRub This All Over Your Body And He’s Guaranteed To Swoon Over YouHerbeautyHerbeauty First Heatwave Expected Next Week faithfernandez More » ShareTweetShare on Google+Pin on PinterestSend with WhatsApp,Virtual Schools PasadenaHomes Solve Community/Gov/Pub SafetyPASADENA EVENTS & ACTIVITIES CALENDARClick here for Movie Showtimes Get our daily Pasadena newspaper in your email box. Free.Get all the latest Pasadena news, more than 10 fresh stories daily, 7 days a week at 7 a.m.last_img read more

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Rep. Chu Statement on ISIL Vote

first_img Pasadena Will Allow Vaccinated People to Go Without Masks in Most Settings Starting on Tuesday 2 recommended0 commentsShareShareTweetSharePin it Rep. Judy Chu on Wednesday voted in support of President Obama’s request for authorization to train and equip local groups to fight against the Islamic State in the Levant (ISIL), which has taken control of large amounts of territory in Iraq and Syria. Rep. Chu released the following statement:“ISIL is a serious threat to the people they claim to represent, to the stability of the Middle East, to U.S. citizens, and to our allies. Its ideology is one of violent oppression. This is not a group that stands for human rights, or respects human dignity. Over the past weeks, I have deliberated on how to address ISIL and participated in many informative briefings. What became clear to me is that we cannot ignore this threat. While I am strongly against putting U.S. troops on the ground, I believe that in combination with the engagement of regional partners and targeted air strikes, training the moderate Syrian opposition provides the best on-the-ground opportunity to combat this threat. That is why I took the difficult vote today to support, train, and equip local forces through a limited authorization that will expire in December. This allows the President to address the threat before us, but also allows time for Congress to assess the situation in a transparent and accountable way, so that we can continue to make the decisions that are best for all Americans.” faithfernandez More » ShareTweetShare on Google+Pin on PinterestSend with WhatsApp,Virtual Schools PasadenaHomes Solve Community/Gov/Pub SafetyPasadena Public WorksPasadena Water and PowerPASADENA EVENTS & ACTIVITIES CALENDARClick here for Movie Showtimes Your email address will not be published. Required fields are marked * Make a comment Government Rep. Chu Statement on ISIL Vote Published on Thursday, September 18, 2014 | 10:56 am Name (required)  Mail (required) (not be published)  Website  Pasadena’s ‘626 Day’ Aims to Celebrate City, Boost Local Economy HerbeautyCostume That Makes Actresses Beneath Practically UnrecognizableHerbeautyHerbeautyHerbeautyHere Is What Scientists Say Will Happen When You Eat AvocadosHerbeautyHerbeautyHerbeauty9 Of The Best Family Friendly Dog BreedsHerbeautyHerbeautyHerbeauty15 Countries Where Men Have Difficulties Finding A WifeHerbeautyHerbeautyHerbeautyKim To File For Divorce From Kanye West After 6 Years Of MarriageHerbeautyHerbeautyHerbeauty18 Ways To Get Rid Of HiccupsHerbeautyHerbeauty Top of the News center_img First Heatwave Expected Next Week Subscribe Business News Community News Get our daily Pasadena newspaper in your email box. Free.Get all the latest Pasadena news, more than 10 fresh stories daily, 7 days a week at 7 a.m. Community News More Cool Stuff EVENTS & ENTERTAINMENT | FOOD & DRINK | THE ARTS | REAL ESTATE | HOME & GARDEN | WELLNESS | SOCIAL SCENE | GETAWAYS | PARENTS & KIDS Home of the Week: Unique Pasadena Home Located on Madeline Drive, Pasadenalast_img read more

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Parsons Awarded Usage Baltimore Multiple Award Military Munitions Services (MAMMS) Contract

first_img 8 recommended0 commentsShareShareTweetSharePin it EVENTS & ENTERTAINMENT | FOOD & DRINK | THE ARTS | REAL ESTATE | HOME & GARDEN | WELLNESS | SOCIAL SCENE | GETAWAYS | PARENTS & KIDS Community News Business News Subscribe Pasadena Will Allow Vaccinated People to Go Without Masks in Most Settings Starting on Tuesday More Cool Stuff Your email address will not be published. Required fields are marked * faithfernandez More » ShareTweetShare on Google+Pin on PinterestSend with WhatsApp,Virtual Schools PasadenaHomes Solve Community/Gov/Pub SafetyPASADENA EVENTS & ACTIVITIES CALENDARClick here for Movie Showtimes Pasadena’s ‘626 Day’ Aims to Celebrate City, Boost Local Economy Name (required)  Mail (required) (not be published)  Website center_img Make a comment Community News Top of the News First Heatwave Expected Next Week Parsons is pleased to announce that it was awarded a Multiple Award Military Munitions Services (MAMMS) II, Munitions and Environmental Response Services Contract by the U.S. Army Corps of Engineers (USACE) Baltimore District. Under this 5-year contract, Parsons will deliver services to the USACE Baltimore District and its customers, located primarily in the USACE North Atlantic Division Area of Responsibility.The services to be provided cover a broad range of munitions and environmental response activities, including engineering services; investigation and field activities; operations, maintenance, and optimization; remedial design; and remedial/response actions and removals. These services will be performed on current and formerly used defense sites, properties adjoining these locations, and other federally controlled/owned sites.“Parsons is pleased to be awarded this follow-on contract by the USACE Baltimore District,” stated Mary Ann Hopkins, Parsons Group President. “This award allows us to provide continued support for the important work the District is performing to ensure the identification and safe removal of military munitions and other harmful objects from the environment.”Parsons has an extensive background providing munitions and environmental response services to U.S. government customers worldwide. Among the programs it currently supports are the Military Munitions Response Program (MMRP) and the Cooperative Threat Reduction Program. Under the MMRP, Parsons is the leader in advanced classification, integrating innovative discrimination and geophysical mapping technologies to reduce costs and expedite site closures.Parsons, celebrating more than 70 years of growth in the engineering, construction, technical, and professional services industries, is a leader in many diversified markets with a focus on defense/security, industrial, and infrastructure. Parsons delivers design/design-build, program/construction management, and other professional services packaged in innovative alternative delivery methods to federal, regional, and local government agencies, as well as to private industrial customers worldwide. For more about Parsons, please visit www.parsons.com. Home of the Week: Unique Pasadena Home Located on Madeline Drive, Pasadena Get our daily Pasadena newspaper in your email box. Free.Get all the latest Pasadena news, more than 10 fresh stories daily, 7 days a week at 7 a.m. Business Districts News Parsons Awarded Usage Baltimore Multiple Award Military Munitions Services (MAMMS) Contract From STAFF REPORTS Published on Tuesday, July 28, 2015 | 11:22 am HerbeautyThe Most Heartwarming Moments Between Father And DaughterHerbeautyHerbeautyHerbeautyAmazing Sparks Of On-Screen Chemistry From The 90-sHerbeautyHerbeautyHerbeautyEase Up! Snake Massages Are Real And Do Wonders!HerbeautyHerbeautyHerbeautyFinding The Right Type Of Workout For You According AstrologyHerbeautyHerbeautyHerbeautyA Dark Side Of Beauty Salons Not Many People Know AboutHerbeautyHerbeautyHerbeautyStop Eating Read Meat (Before It’s Too Late)HerbeautyHerbeautylast_img read more

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Plea In Bombay High Court Seeks Suspension Of Kangana Ranaut’s Twitter Account For Allegedly Spreading Communal Hatred

first_imgTop StoriesPlea In Bombay High Court Seeks Suspension Of Kangana Ranaut’s Twitter Account For Allegedly Spreading Communal Hatred LIVELAW NEWS NETWORK3 Dec 2020 7:49 AMShare This – xAdvocate Files Petition Before Bombay High Court Seeking Permanent Suspension Of Kangana Ranaut’s Twitter Account For Allegedly Spreading Communal HatredA Mumbai based lawyer has filed a writ petition before the Bombay High Court against actor Kanagana Ranaut praying for getting her twitter account permanently suspended for allegedly spreading “continuous hatred, disharmony in the country…Your free access to Live Law has expiredTo read the article, get a premium account.Your Subscription Supports Independent JournalismSubscription starts from ₹ 599+GST (For 6 Months)View PlansPremium account gives you:Unlimited access to Live Law Archives, Weekly/Monthly Digest, Exclusive Notifications, Comments.Reading experience of Ad Free Version, Petition Copies, Judgement/Order Copies.Subscribe NowAlready a subscriber?LoginAdvocate Files Petition Before Bombay High Court Seeking Permanent Suspension Of Kangana Ranaut’s Twitter Account For Allegedly Spreading Communal HatredA Mumbai based lawyer has filed a writ petition before the Bombay High Court against actor Kanagana Ranaut praying for getting her twitter account permanently suspended for allegedly spreading “continuous hatred, disharmony in the country and attempting to divide the country with her extremist/derogatory tweets and promoting crime in the country.”Advocate Ali Kaashif Khan Deshmukh has previously filed two criminal complaints against the actor, one of them also arraigns Kangana’s sister Rangoli Chandel as an accused. On the basis of these complaints, in October, the Magistrate Court at Bandra ordered registration of FIR against the actor and her sister for tweets allegedly promoting communal disharmony and the Andheri Magistrate Court ordered inquiry against the 33-year-old actor and her sister for allegedly posting derogatory tweets against the Muslim community.The petitioner had also written to the Advocate General of Maharashtra AA Kumbhakoni seeking his consent to initiate contempt proceedings against the actor in Bombay High Court for her tweet allegedly undermining the judiciary (Magistrate Court).The petition points out Rangoli Chandel’s abusive tweet dated April 15, 2020 stating that Tablighi Jamaat members should be shot dead, which led to the suspension of her twitter account after massive outrage. Kanagna supported her sister’s tweet and even posted a video on social media in this regard. In the said video, the actor called Tablighi Jamaat members Terrorists.Furthermore, the petition states-“It is already evident from the prima facie facts that Respondent No. 1 has no respect for the varied communities of India, law of the land, authorized government bodies and shamelessly she has prominently even made fun of the judiciary, as after the above order of the learned Magistrate Court at Bandra, Mumbai she has promptly yet again tweeted malicious and defamatory tweet against the judiciary terming it “Pappu Sena” thereby even amounting to Contempt of Court.”The petitioner advocate has also averred that Twitter is not following its own guidelines and policies. Moreover, as per Rule 3(11) of the Information Technology (Intermediaries Guidelines) Rules 2011, Twitter being a social media giant and intermediary as per Section 2(w) of the IT Act is supposed to redress complaints within one month from the date of receipt, the petition states.Subscribe to LiveLaw, enjoy Ad free version and other unlimited features, just INR 599 Click here to Subscribe. All payment options available.loading….Next Storylast_img read more

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European Commission decides future of UK’s opt-out rights

first_imgEuropean Commission decides future of UK’s opt-out rightsOn 1 Dec 2002 in Personnel Today Comments are closed. Previous Article Next Article Employers and politicians are bracing themselves for an end to the UK’sopt-out from the Working Time Directive, which allows staff to waive theirright to work no more than 48-hours a week. The UK remains the only EU member country to have the opt-out and pressurehas been mounting in Europe to bring the UK into line with other states,restricting staff to a 48-hour working week. The European Commission hasembarked on a review of the directive and will rule on revisions to thelegislation by the end of November 2003. David Yeandle, deputy director of employment policy at the EngineeringEmployers Federation, said meetings with Fernando Pereira, the commissionerresponsible for the review, indicate that an end to the opt-out is inevitable.He said the EEF would be pushing for some sort of quid pro quo, however, suchas being able to average working hours across a year. “Given that the UK is the only country to take advantage of theopt-out, it will be a difficult battle to persuade others to allow it toremain,” said Yeandle. “We will be pressing for as long a lead timebefore that happens as possible to make the necessary changes and ideally to beable to average working hours over 52 weeks.” A poll in Personnel Today revealed that two-thirds of employers believe anend to the opt-out would increase labour costs, such as forcing companies whichoperate production lines to fall back on contract workers to keep theiroperations running. Others have welcomed the news, believing it signals a positive move towardsending the long-hours culture, which plagues the UK and is deemed to undermineproductivity. Paul Sellers, policy officer at the TUC, said the Government has littlechoice in the matter. “The Government has made a public commitment tostamp out the long-hours culture within five years and if it is going to meetthat target it is going to have to change the law,” he said. “But essentially we believe this is a piece of health and safety legislationand there should be no exemptions.” Related posts:No related photos.last_img read more

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