Minty Bets is joined by Jay Busbee to give his top picks for the upcoming WGC-Workday Championship.
(Bloomberg) -- China’s exports surged in the first two months of the year, reflecting strong global demand for manufactured goods and with figures partly skewed by the low base in 2020 when the economy was in lockdown.Exports jumped 60.6% in dollar terms in the January-February period from a year earlier, data from the General Administration of Customs showed Sunday, well above the 40% median estimate in a Bloomberg survey of economists. In February alone, exports more than doubled from last year.The first two months are normally volatile for China’s economic activity because of the week-long Lunar New Year holiday, which fell in February this year. The figures are even more distorted this time around because of the comparison with 2020, when factories and businesses were shut to contain the coronavirus outbreak in the early part of the year. Exports plunged 17.4% in the first two months of last year.Even with the favorable base effects, the data shows exports continued to benefit from soaring global demand for medical equipment and work-from-home devices, which has helped to underpin China’s V-shaped recovery from the pandemic since the second half of the year.The customs agency said the strong trade data reflects improving demand in major trading partners like the U.S. and Europe, a domestic recovery that’s fueling import growth, and base effects from last year’s slump.Travel RestrictionsExports also benefited from a shorter-than-usual vacation for migrant workers during this year’s Lunar New Year break and the early resumption of factory production. Travel restrictions imposed early in the year prevented many workers from making their annual trip home during the holiday.“Excluding distortions from base effects, trade growth was still quite solid,” Nomura Holdings Inc. economists led by Ting Lu wrote in a note. While export growth will likely slow after March as base effects ease, fresh stimulus measures in developed nations, especially in the U.S., “may bolster external demand for Chinese products and partly offset the downward pressure,” he said.Imports also grew strongly, climbing 22.2% in the first two months of the year from a year earlier, exceeding the 16% gain predicted by economists. A breakdown of the data suggests a divergence between heavy industries and hi-tech sectors, with the latter outperforming, according to Bloomberg Economics.What Bloomberg Economics Says...In the longer term though, we see uncertainty for exports in the second half of the year as external demand for working-from-home and anti-epidemic goods may start to slow, alongside the pandemic staying in check. In addition, more export economies would return to the market, potentially leading to more intensive competition in global markets.-- David Qu, China economistFor the full report, click here.The data comes two days after the National People’s Congress, the biggest political meeting of the year, kicked off in Beijing, with the government setting out its economic agenda for coming years. Authorities are targeting growth of more than 6% this year, a relatively conservative goal compared with the 8.4% expansion that economists predict. The government also signaled more restrained monetary and fiscal policy after last year’s pandemic stimulus.“We expect Beijing to carry out its policy normalization in coming months, although a sharp shift in policies appears unlikely,” Nomura’s economists said.Other DetailsThe trade surplus reached $103.25 billion in the first two months of the yearTrade with the U.S. surged 81.3% in the January-February period from a year earlier, taking the trade surplus to $51.3 billion. For a breakdown of China’s main trading partners, click hereA breakdown of commodity imports shows large increases in purchases of steel and natural gas in the two-month period and a plunge in coal(Updates with comments from economists.)For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.
A lawmaker with German Chancellor Angela Merkel's party said Sunday he will give up his seat in parliament and leave politics after it emerged that his company profited from deals to procure masks early in the pandemic — drawing sharp criticism in an election year. Nikolas Loebel, a backbench lawmaker with Merkel's center-right Christian Democratic Union, was blasted by members of his own party and opponents after it emerged Friday that a company he runs earned commissions of 250,000 euros ($298,000) from brokering contracts to buy masks. Susanne Eisenmann, the CDU candidate for governor in Baden-Wuerttemberg, told news magazine Der Spiegel that “it is unacceptable for parliamentarians to enrich themselves in this serious crisis.”
The education secretary became the latest minister to defend the decision to increase nurses' pay by 1%.
See how the England players rated during the series defeat.
Sun Communities raised its quarterly common stock dividend by 5% to $0.83 per share. This is the fifth consecutive annual dividend increase by the real estate investment trust company. Sun Communities (SUI) announced that the new dividend will be paid on April 15 to shareholders of record as of March 31. Shares increased 1% to close at $143.28 on March 5. The company’s annual dividend of $3.32 per share now reflects a dividend yield of 2.32%. On Feb. 18, BMO Capital analyst John Kim maintained a Buy rating and a price target of $165 (15.2% upside potential) on the stock. The analyst said, “Manufactured housing REITs have surprisingly seen the steepest multiple compression in the past year,” which Kim views “as a buying opportunity.” (See Sun Communities stock analysis on TipRanks) The consensus rating among analysts is a Strong Buy based on 3 unanimous Buys. The average analyst price target stands at $163.67 and implies upside potential of around 14.2% to current levels over the next 12 months. Additionally, Sun Communities scores an 8 out of 10 from TipRanks’ Smart Score rating system, indicating that the stock has strong potential to outperform market expectations. Related News: NXP Semiconductors Ramps Up Dividend By 50%, Boosts Share Buyback Plan Werner Bumps Up Quarterly Dividend By 11%; Street Sees 8% Upside Bally’s Posts Surprise 4Q Profit But Misses On Revenues; Shares Drop 6% More recent articles from Smarter Analyst: Hibbett 4Q Profit Exceeds Estimates As E-commerce Sales Boom; Shares Tank 4% Soliton Posts Smaller-Than-Feared 4Q Loss; Street Sees 75% Upside Ruth’s Hospitality Pops 6.1% As 4Q Profit Tops Estimates Broadcom’s 1Q Profit Soars 26%; Revenue Guidance Tops Estimates
The British boxer said: “We have come a long way but there is still a long way to go.”
At a virtual parents’ evening this week, the teacher said all she’ll be focusing on is making sure the children are ‘happy’ in the coming weeks – I couldn’t be more relieved
The food delivery firm, set to be valued at $7bn (£5bn), will also offer shares to takeaway customers.
Mar. 7—When the COVID-19 pandemic began shutting down businesses and public spaces last March, Owensboro Regional Recovery officials decided to keep the residents at the facility rather than sending them out to support group meetings. When ORR clients attend a support group meeting now, it is through a virtual program like Zoom. "We are still doing everything virtually," said Sarah Adkins, ...
Mar. 7—Katie Cecil wasn't expecting to be one of the 16 individuals chosen for Kentucky Farm Bureau's 2021-22 Leadership Enhancement for Agricultural Development (LEAD) program. Cecil, who's part of Cecil Farms on Mulligan Road in western Daviess County, said she was nominated for the program but also knew she was competing against people across the state for a limited number of spots. "I was ...
Mar. 7—The Kentucky Council on Postsecondary Education is continuing its campaign to raise awareness of FAFSA opportunities for students interested in pursuing higher education. The Free Application for Federal Student Aid, referred to as the FAFSA form, is required for students to receive need-based aid. Most educational groups across the country are reporting a decline in high school ...
Three Palestinian fishermen were killed Sunday after a blast ripped through their boat off the Gaza shore, union officials said. Nezar Ayyash, of the fishermen syndicate, said the anglers — two brothers and a cousin — were plying their trade off the coast of the city of Khan Younis in southern Gaza Strip when the explosion happened. Palestinian media reports blamed Israeli navy fire, but the Israeli military said it was not involved in this incident.
Shoppers swear by these battery-powered styles.
Mar. 7—The Dragons wouldn't be denied Saturday. No. 5 seed Tiffin capped off its run through the Great Midwest Athletic Conference women's basketball tournament with a 61-57 overtime victory over second-seeded Kentucky Wesleyan College in the championship game in Cedarville, Ohio, earning the league's automatic qualifier to the upcoming NCAA Division II Tournament. The Panthers (18-5) were in ...
Mar. 7—BOWLING GREEN — The Western Kentucky Hilltoppers didn't let their big moment slip away on Saturday afternoon. Less than 24 hours after losing a two-point heartbreaker to Old Dominion, WKU got a clutch three-point conversion from senior guard Taveion Hollingsworth with 25 seconds to play and held on to defeat the Monarchs, 60-57, before an ecstatic crowd in E.A. Diddle Arena. In so ...
Every Premier League fixture for the 2020/21 season plus confirmed dates and kick-off times
Polling opened on Sunday morning for a presidential election at crisis-hit Barcelona, where the winner will face the challenge of rebuilding the club's finances and squad.
Magnolia Pictures“You are on your own. Nothing happens to men like us because we live from day to day,” states a Chechen immigrant to homeless Syrian kids in Istanbul in Stray. Rootless, nomadic hand-to-mouth existences are at the center of director/producer/editor/cinematographer Elizabeth Lo’s documentary, but humans are merely the peripheral players in this stunning non-fiction inquiry, which truly trains its gaze on some of the myriad canines that roam the city’s streets. A spiritual companion piece to Ceyda Torun’s 2016 Kedi (which concerned the legions of cats inhabiting this same metropolis), Lo’s film reveals the secret life of dogs. In doing so, she draws stark parallels between their world and our own, and our shared desires for sustenance, comfort, and companionship.Following a 20th century in which authorities attempted to exterminate the animals (leading to mass killings), widespread protests have transformed the city into one of the few places on the planet where it’s illegal to euthanize and hold captive any stray dog—meaning that on virtually every sidewalk, in every alley, and near every dumpster, canines congregate, searching for food, sparring, nuzzling, and trying to survive. Theirs is an unromantic plight, albeit not without its pleasures, and Lo’s camera assumes their perspective throughout, maintaining a low-to-the-ground position while following these pooches to and fro, down bustling sidewalks where people barely give them notice, across streets where cars stop to let them pass, and on beaches where they’re free to run about, playing and rolling around and occasionally cornering and snarling at unknown intruders.The Whistleblower Who Fought to Expose Smooshi the Walrus’ Ugly Alleged AbuseStray focuses its attention on a trio of dogs—beginning with Zeytin, whose striking tan coloring and big, sorrowful eyes are as expressive as her movements through Istanbul’s various districts are casual. With a sometimes squinty expression on her face, and a right ear that droops slightly lower than her left, Zeytin is a native inhabitant of this urban landscape, equally at ease on its well-paved sidewalks, in its parks beside busy thoroughfares, and on scraggly stretches of hilly land decorated with giant rock outcroppings and ruins of buildings whose columns still stand. Zeytin has a confidence that renders her a perfect guide for this environment, as well as makes her popular with locals, many of whom know her by name. That includes a collection of young Syrian migrants who live on the street and, we learn courtesy of random snippets of conversation, are known to sniff glue and are under constant threat of being arrested by the authorities.Zeytin is soon paired in Stray with friendly Nazar and black-and-white pup Kartal, the latter of whom comes under the Syrian kids’ care after they beg a local man for one of his many strays, and he acquiesces by telling them that they can return at night and steal one for themselves. The similarities between Istanbul’s dog and refugee populations aren’t hard to discern, and director Lo doesn’t italicize or force such echoes, instead allowing them to materialize from the proceedings at hand. Through the careful selection and juxtaposition of scenes, she analogizes the animals’ and kids’ struggle to subsist, their territorial squabbles with others (be they with other dogs, or tourists and police who’d rather keep the streets free of homeless youth), and their yearning for love—or, at bare minimum, a warm body to cuddle with under a blanket at night.Lo divides her film with textual quotes about dogs’ nobility (mostly from the Greek philosopher Diogenes, circa 300 B.C.), yet otherwise eschews overt commentary. Even the human voices in Stray are only heard in fragments, and sometimes via distorted audio that’s meant to mimic how Zeytin, Nazar and Kartal might experience them. Those bits and pieces of dialogue are sometimes comical (such as remarks about two dogs screwing during a women’s rights march), sometimes political (as when men argue about whether to vote for the Nationalist Movement Party), and sometimes as ordinary as a garbage truck operator chastising Nazar for not sharing a meaty bone found in the trash with Zeytin. Such commentary is generally background, but it nonetheless remains a key component of Lo’s observational examination of Turkish society’s pressing concerns, fissures, and treatment of those residing on its fringes.Stray is most evocative when simply trotting beside or behind its canine protagonists, capturing (and subtly mimicking) the sway of their bodies, the rhythm of their gait, the curiosity in their eyes, and the potential viciousness of their circumstances—a fact conveyed by a sterling sequence in which Lo’s camera races after Zeytin down a nighttime street, almost losing sight of her, only to have the euphoria of the moment (amplified by Ali Helnwein’s string score) interrupted by a sudden burst of dog-on-dog violence that’s quelled by the Syrian kids. In that moment, the film recognizes the thin divide between bliss and brutality that defines these dogs’ daily situations, just as the sound design (courtesy of Leviathan and Sweetgrass’ Ernst Karel) duplicates the swirling combination of noises—chirping birds, honking car horns, disembodied chatter—that engulfs them as they meander from dilapidated construction site to storefront stoop to gray dockyard.EMBEDLo’s portrait of these wayward dogs is often melancholy, especially when it comes to Kartal, whose acclimation to these harsh stomping grounds seems, by the look in his eyes, to inspire a significant degree of trepidation. Yet there are also moments of amusing levity, as when Zeytin stumbles upon a cat hiding in a row of park bushes and, suddenly enlivened by this discovery, gives immediate chase. Stray doesn’t shy away from the good or the bad, documenting its four-legged subjects as they jump, hump, run, fight, scrounge, growl, sleep and seek out protection, food, and rest. The more it watches them, the more it taps into the universality of their experience, all without losing sight of the uniqueness of their character and predicament.With perceptive neo-realist grace, Stray lets its dogs’ actions in the face of abandonment, neglect, and abuse speak volumes about their resilience and benevolence, their fierceness and their compassion. In doing so, the film also says much about the men and women willing to lend a helping hand to the less fortunate—and, also, about those who turn a blind eye to creatures in need.Read more at The Daily Beast.Get our top stories in your inbox every day. Sign up now!Daily Beast Membership: Beast Inside goes deeper on the stories that matter to you. Learn more.
It seems nobody told Charlton Heston that Lily Savage wasn't really a woman.
The ‘wide-ranging’ interview will be broadcast on Sunday
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