Jharkhand to promote tourism through airport advertising campaign

first_imgThe state government of Jharkhand, in an effort to promote state tourism, plans to advertise some of its prominent locations across different airports of the country to attract national and international tourists.According to Amar Kumar Bauri, Minister for tourism, art, culture, sports and youth, Jharkhand, the plan, that was formulated after the release of the unsatisfactory data, recording only a handful of foreign tourist arrivals, will be implemented in the next financial year.“Our aim is to increase tourist footfall to 5 crore (per annum) in the next five years. The department has segregated tourist spots into four development categories for international, national, state and local tourists,” added the Minister. He further mentioned that the art and cultural directorate will be publishing a journal, identifying underprivileged writers and novelists, to showcase the archaeological relics of Jharkhand. The department plans to connect Itkhori in Chatra to the Buddhist tourist circuit of Rajgir and Gaya. It will also reach out to sports associations to improve sports infrastructure.last_img read more

"Jharkhand to promote tourism through airport advertising campaign"

appointmentHelloworld Travel Ltd

first_imgappointmentHelloworld Travel Ltd Helloworld Travel Limited has appointed Ana Pedersen to the role of Global Director of Corporate Sales for QBT & APX.Ms Pedersen joins QBT/APX on 1 July and brings 27 years experience in the travel industry to her new position. Most recently she was Vice President – Large Market Global Sales for BCD Travel based in the U.S., and previously Vice President Asia Pacific for BCD Travel based in Singapore. For over a decade Ms Pedersen has held VP roles in North America, Europe, Asia and Latin America, and earlier positions included BCD Travel in Australia, TQ3 Travel Solutions, Galileo and Qantas.Helloworld Chief Executive Officer Andrew Burnes said Ms Pedersen brings an enormous wealth of Corporate Travel Management experience in international and regional sales, distribution, hotel programs, account management and industry knowledge to this critical role, helping the corporate business focus for the Helloworld Travel Group. “We are delighted to welcome Ana to the team here at Helloworld Travel,” he said. “She has a proven track record in exceptional business development and has created strong established relationships within the global business community. Her international reputation is of the highest calibre and Ana will assist the Corporate Division to identify national, regional and global opportunities.” This latest appointment follows on from the recent appointments of Nick Sutherland as General Manager – QBT and Wendy Van Lieshout as General Manager of Helloworld Travel’s New Zealand based TMC business, APX.Russell Carstensen, head of Helloworld Travel’s Corporate and Air Tickets divisions said the new management structure within the TMC business was now complete and provided a platform for continued expansion of the business.“There are a lot of opportunities in the corporate travel market in Australia and New Zealand but we also see great opportunities further afield and will be looking to capitalize on these with our new team.” last_img read more

"appointmentHelloworld Travel Ltd"

HONOLULU — The Latest on demonstrations against a

first_img HONOLULU — The Latest on demonstrations against a giant telescope in Hawaii (all times local):2:20 p.m.Hollywood actor Dwayne “The Rock” Johnson is visiting Native Hawaiian protesters who are blocking a road to prevent the construction of a giant telescope on Hawaii’s tallest mountain.Johnson reached the protest camp on Mauna Kea as dancers performed hula and chants. He exchanged nose to nose greetings called honi with protesters and then went into a tent to meet elders.Johnson spent part of his childhood in Honolulu. He is not Hawaiian, but is Samoan.Johnson’s production company Seven Bucks Productions is making a movie about the life of King Kamehameha the Great, the leader who first unified the Hawaiian Islands in 1810. Johnson will star in the title role.___2 p.m.Hawaii Gov. David Ige’s envoy for talks with protesters blocking the construction of a giant telescope says he’s organizing the first of many meetings with Native Hawaiian leaders.Hawaii County Mayor Harry Kim said in a phone interview Wednesday he wants to get people to work together for what he hopes will be a common goal.He says there will be “a very splintered community” if that doesn’t happen.Kim recalled saying a silent prayer to help him “do the right thing for the right reasons” when the governor gave him the assignment.The protest blocking a road to prevent construction crews from reaching Mauna Kea’s summit is on its tenth day.Hollywood actor and former Hawaii resident Dwayne “The Rock” Johnson is visiting the protest site.The Associated Press AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to RedditRedditShare to 電子郵件Email by The Associated Press Posted Jul 24, 2019 5:21 pm PDTcenter_img The Latest: ‘The Rock’ visits Hawaiians protesting telescopelast_img read more

"HONOLULU — The Latest on demonstrations against a"

Reps Reilly Runestad Public deserves more information about MEGA credits

first_img State Reps. John Reilly and Jim Runestad of Oakland County today introduced legislation that would open Michigan Economic Growth Authority tax credits to more public scrutiny.Reilly’s bill would permit certain disclosures of MEGA tax credits through Michigan’s Freedom of Information Act. Runestad’s bill would require the governor’s annual budget message to the Legislature to disclose the number of claimants by size of final liability and the amount of tax money forgone for each MEGA tax credit. Both bills have several Republican and Democratic co-sponsors.The legislation comes after a recent state audit observed that clarification is needed related to the public transparency of the credits.“Taxpayers have a right to know more about the businesses receiving their money and how that money is being spent,” said Reilly, of Oakland. “We need more transparency so taxpayers can better judge how their money is used.”Runestad, of White Lake, agreed.“We agree with the auditor general observation that confidentiality provisions in various state laws restrict the reporting of essential tax credit information to Michigan citizens,” Runestad said. “We’re introducing legislation to remedy that situation.”The MEGA program provides tax credits to businesses for locating, retaining or expanding jobs in Michigan. New credits have not been issued for several years, but many previous deals are still on the books with continuing tax liabilities.###Rep. Runestad’s legislation: House Bill 5060.Rep. Reilly’s legislation: House Bill 5061. Categories: News,Reilly News,Runestad News 04Oct Reps. Reilly, Runestad: Public deserves more information about MEGA creditslast_img read more

"Reps Reilly Runestad Public deserves more information about MEGA credits"

Belgian cable operator Telenet saw its analogue TV

first_imgBelgian cable operator Telenet saw its analogue TV base fall to 853,300 at the end of September, down 24% year-on-year, but digital TV customers grew 16% to 2.214 million. Residential broadband customers grew 7% to 1.282 million, and triple-play customers grew by 10% to 767,800.Telenet posted revenues of €1.015 billion for the nine months to September, up 5% year-on-year. Net profit fell 76% to €11.2 million, impacted by an impairment on DTT-related infrastructure and a loss on derivatives.Telenet had signed up 172,000 customers to its Sporting Telenet channel follow its win of part of the country’s Jupiler League football rights from rival Belgacom.last_img read more

"Belgian cable operator Telenet saw its analogue TV"

Polish telco Netia ended 2011 with 6261 subscribe

first_imgPolish telco Netia ended 2011 with 6,261 subscribers to its new hybrid IPTV/DTT platform, up from 1,929 the previous quarter.That figure included 1,092 subscribers to HBO Go, which Netia began offering last November.Netia subsidiary, Telefonia Dialog, ended the year with 43,379 IPTV subs, up from 42,952 the previous quarter.Netia said it planned to ramp up TV and triple-play sales in 2012.last_img

"Polish telco Netia ended 2011 with 6261 subscribe"

Over a third of US households have at least one TV

first_imgOver a third of US households have at least one TV set connected to the internet, with games consoles accounting for the majority of connections.Leichtman Research Group found that 38% of homes in the US have a TV connected to the internet, up from 30% a year earlier, with 28% of homes owning a games console connected to the internet. Just four per cent of homes had connected a smart TV, while one per cent used an OTT device including Apple TV and Roku.Only 0.1% of the 1,251 people surveyed by Leichtman said they had cancelled their pay TV service in the last six months because of connected TV platforms.last_img read more

"Over a third of US households have at least one TV"

Kudelski Groupowned digital TV solutions firm Ope

first_imgKudelski Group-owned digital TV solutions firm OpenTV has filed a lawsuit against Netflix in the District Court of the Hague, Netherlands, alleging patent infringement. In a statement, Kudelski Group said OpenTV urged Netflix against “further infringement” after rolling out in the Netherlands – its latest European launch market.“The Group has invested billions of dollars over the past several decades in innovation and R&D and has successfully brought its technologies to market through advanced solutions, technology transfer and IP licensing,” said Joe Chernesky, senior vice-president, intellectual property and innovation at Kudelski.“The Group remains committed to protecting its substantial and ongoing investment in innovation for the benefit of the digital video ecosystem.”The action is not the first time that Kudelski has sued Netflix. In December 2012, the firm filed an earlier patent infringement lawsuit against Netflix in the United States District Court in Delaware, claiming that “Netflix is willfully infringing seven US patents owned by OpenTV.”Kudelski offers security and software solutions to more than 100 Pay TV service providers worldwide and claims that its software in digital set top boxes has been deployed to “hundreds of millions of subscribers across the globe.”San Francisco-based OpenTV’s software provides advanced program guides, video-on-demand, personal video recording, interactive and addressable advertising and a variety of enhanced television applications.The Kudelski Group is listed on the Swiss Stock Exchange, is headquartered in Cheseaux-sur-Lausanne, Switzerland, and holds more than 4,200 issued and pending patents.last_img read more

"Kudelski Groupowned digital TV solutions firm Ope"

Deutsche Telekom is using Skylines DataMiner netw

first_imgDeutsche Telekom is using Skyline’s DataMiner network management platform for the end-to-end management of its Entertain TV headends in Usingen and Ismaning.According to Skyline, DataMiner deployment fits Telekom’s strategy of moving away from its previous-generation legacy management platforms, towards an open-architecture, end-to-end multi-vendor network management platform.Moving Images Technologies at Products & Innovations is responsible for the DataMiner integration.The Entertain TV platform feeds services to over two million TV subscribers.“DataMiner enables operators such as Deutsche Telekom to quite fundamentally redefine how they manage their ecosystems, which are typically very heterogeneous, complex and always evolving. The consolidation of multiple legacy network management systems brings along considerable benefits such as a reduction of operational cost and – even more important these days – an increased overall quality of service,” said Glenn D’Haene, business development manager at Skyline Communications.“But DataMiner goes even way beyond that, and it offers our customers significantly more added value than any other solution because of its unique pronounced open architecture, which enables operators to instantly respond to evolving requirements and to create highly integrated solutions.”last_img read more

"Deutsche Telekom is using Skylines DataMiner netw"

BSkyBs head of content Sophie Turner Laing is t

first_imgBSkyB’s head of content, Sophie Turner Laing, is to step down from her role and leave the company later this year.Sky said it would undertake a recruitment process and announce a successor in due course.In addition to overseeing Sky’s entertainment, movie and news channels and relations with studios and other content providers, Turner Laing has also headed its joint-venture relationships and partner channels and the international distribution of channels and programmes.Turner Laing has been with Sky for the last 11 years, joining from the BBC where she served as acting director of television, in 2003, She has played a key role in developing the UK pay TV operator’s content business and was responsible for the expansion of its portfolio of channels, most notably with the launch of Sky Atlantic and the operator’s landmark deal with HBO.“I would like to thank Sophie for her outstanding leadership and for the tremendous job she’s done developing our content business. With the support of an excellent team, Sophie has helped us to make a step change in the scale and ambition of our entertainment offering,” said Sky CEO Jeremy Darroch.“Sophie will leave with all of our best wishes and I am pleased that she will continue to have a close relationship with Sky in the future. I’m confident that the strong foundations that Sophie has put in place, together with the strong team here at Sky, will enable us to take the business to even greater heights in the future.”Turner Laing said: “I have had the most fabulous career at Sky. As a passionate believer in creative change, it is now someone else’s turn to drive the next phase of growth in content at Sky. I have been hugely privileged and honoured to work with such brilliant colleagues across the company.”last_img read more

"BSkyBs head of content Sophie Turner Laing is t"

Sky has announced a string of measures designed t

first_imgSky has announced a string of measures, designed to better represent black, Asian and minority ethnic (BAME) viewers across its entertainment channels. Sky said that all of its original programmes will have someone with a BAME background in “at least one senior production role” and that 20% of writers on all shows will be from BAME backgrounds in order to “promote a greater diversity of voices in Sky programmes and scripts.”New shows on Sky’s entertainment channels will also feature people from BAME backgrounds in “at least 20% of significant on-screen roles.”“Sky is dedicated to making programmes that feel representative of every one of the millions of viewers that watch our content every day, whatever their colour. So we have tackled the issue with the same sense of ambition that we show in all other areas of our business, setting ourselves a set of tangible goals that will hold us to account,” said Stuart Murphy, Sky’s director of entertainment.“Our aim is to kick start a sea change in the on screen representation of ethnic minorities on British television. It’s an incredibly exciting time, and I am very proud that Sky is going to be at the forefront.”Sky said the targets are designed to make sure that programmes on Sky 1, Sky Atlantic, Sky Living and Sky Arts better reflect the diversity of Sky’s 10.7 million TV customers in Britain and Ireland.last_img read more

"Sky has announced a string of measures designed t"

Aksel van der Wal Turner Broadcasting System has p

first_imgAksel van der WalTurner Broadcasting System has promoted chief financial officer (CFO) for Turner EMEA, Aksel van der Wal, to senior vice president and CFO, international. Effective July 1, van der Wal will be responsible for all financial operations across Turner’s international regions and will help shape the direction of the company’s international business and implement its strategy.He will report to executive vice president and chief financial officer of Turner Broadcasting, Pascal Desroches, and work closely with president of Turner Broadcasting System International, Gerhard Zeiler.Van der Wal joined Turner in 2014, prior to which he worked for three years as CEO of listings magazine Time Out.last_img read more

"Aksel van der Wal Turner Broadcasting System has p"

US cable association the NCTA and leading operator

first_imgUS cable association the NCTA and leading operator Comcast have launched an all-out assault on regulator the FCC’s plans to force cable providers to open up their set-top boxes to competitors.The NCTA described the FCC’s set-top box mandate plans as “complicated and backwards-looking” at a thime when the TV world was moving away from a hardware-centric world to one that relied on apps and IP delivery.“The FCC’s set-top box mandate threatens to harm competition and innovation by strong-arming pay TV providers into giving away for free valuable programming to third parties, for them to rearrange, repurpose and monetize without responsibilities or obligations,” the organisation said in a blog posting.In its submission to the NCTA, the organisation said that the FCC’s Notice of Proposed Rulemaking (NPRM), which had attracted “far more opposition, from a much wider variety of parties, than it did support”, would, if adopted, “leave a long trail of unintended negative consequences in its wake”.“Those urging the Commission forward are relying on baseless talking points, fallacies, and demonstrably defective technology claims which, however often repeated, still provide no basis for adopting the proposed rules. Reliance on proponents’ unsupported assertions would be arbitrary and capricious,” said the NCTA.“There is still time for the Commission to hit the pause button and seek out better, and simpler, ways to assure that consumers have access to competitive retail devices to access the video services that they purchase from MVPDs, without stealing the value of content from its creators, jeopardizing the security of MVPD services and systems, crippling the ability of MPVDs to protect their customers’ privacy, skewing the market by effectively prohibiting MVPDs (but not OVDs) from meeting consumer demand for boxless app solutions, and violating the Communications Act, the Copyright Act and the Constitution.”Both the NCTA and Comcast said that the FCC’s proposals threaten to compromise consumers’ privacy rights and disregarded copyright protection for content providers.The NCTA said that the proposals would give internet companies such as Google free reign to mine private viewing data and develop intrusive advertising. It said that the plan would also allow third parties to access and deliver video content while disregarding the contractual agreements made by the owners of the content or its distribution, packaging, protection and funding.The group also said that opening up cable boxes would give free reign to providers that are under no obligation to secure the content they distribute properly.last_img read more

"US cable association the NCTA and leading operator"

ShareTweet

first_imgShareTweet CHANNEL 4Crystal MazeDERRY GIRLSEnglish fellaRichard AyoadeStall the ball! Derry girls cast to take party in Crystal Maze A Channel 4 spokesperson confirmed the crew would be “upping the 1990s nostalgia” by with their appearance in the classic game show.The Crystal Maze originally ran from 1990 to 1995, being revived in 2016 for a one-off charity special presented by Stephen Merchant, and brought back as a full series in 2017 with IT Crowd star Richard Ayoade taking the helm as Maze Master.In a similar style to the original programme, the contestants navigate their way through challenges in ‘Aztec’, ‘Medieval’, ‘Futuristic’, and ‘Industrial’ zones.Stall the ball! Derry girls cast to take party in Crystal Maze was last modified: July 5th, 2018 by John2John2 Tags:center_img THE cast of Channel 4’s hit comedy Derry Girls are set to take on the Crystal Maze.The programme is currently in the middle of a run of celebrity specials.And this Friday will feature an appearance from Jamie-Lee O’Donnell, Louisa Harland, Nicola Coughlan, Dylan Llewellyn, and their team captain Saoirse Monica Jackson.last_img read more

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courtDerryMAN CHARGED OVER KNIFEWIELDING ROBBERY

first_img courtDerryMAN CHARGED OVER KNIFE-WIELDING ROBBERY INCIDENT IN DERRYOMAGH MAGISTRATESshipquay street Man to face Omagh Magistrates Court this morning charge over a robbery incident in Derry last monthA 22 year old man has been charged over a robbery incident in which a shop worker in Derry sustained a knife injury to her hand.The PSNI the suspect has been charged with possessing offensive weapon in a public place. He is expected to appear before Omagh Magistrates Court this morning, Saturday, December 9. ShareTweetcenter_img Police are expected to object to bail due to the seriousness of the offences and have him remanded into custody.As is normal procedure all charges will be reviewed by the Public Prosecution Service.The charges are in connection with an armed robbery of commercial premises on Shipquay Street in Derry on Wednesday, November 29.MAN CHARGED OVER KNIFE-WIELDING ROBBERY INCIDENT IN DERRY was last modified: December 9th, 2017 by John2John2 Tags:last_img read more

"courtDerryMAN CHARGED OVER KNIFEWIELDING ROBBERY"

ShareTweet

first_imgShareTweet Councillor John Boyle, Mayor of Derry City and Strabane District Council, said there was great support in the city for Derry Girls and that fans were looking forward to their return.“There is great anticipation here for the next instalment of the Derry Girls series and this artwork is a real tribute to the cast which will no doubt be really well received by fans,” he said.“I am delighted to see the ongoing success of the show, which has shone a spotlight on the city, our culture and our humour.”The first series aired in January 2018 and received an overwhelming positive reaction from viewers from around the UK and particularly from the local community in Derry. Such was its success that it made it Channel 4’s biggest comedy launch series in 14 years.“The opportunity to immortalise these iconic figures through an amazing new mural can give the city a little hope for the future and spread a little laughter along the way,” said Karl Porter at UV Arts.Writer and Derry native Lisa McGee previously teased that the new series will see the girls and the wee English fella “up to more mischief and causing more chaos.”The cast of Derry Girls back in the city last November to start filming for series twoThe second season of Derry Girls is expected to go out on Channel 4 this March.Last November the cast and crew were in Derry city to film scenes for the forthcoming series.Return of Derry Girls series to be celebrated with mural in Derry city was last modified: January 25th, 2019 by John2John2 Tags: THE cast of Derry Girls will soon be looking down from a mural in Derry city centre to celebrate the return of the hit comedy series.The main Derry Girls characters – Erin, Orla, Clare, Michelle and James – will be painted onto a side of the Badgers Bar.Non-profit social enterprise group from the city, UV Arts, is teaming up with Channel 4’s in-house creative agency to produce the mural, which is part of a wider marketing campaign. CHANNEL 4DERRY AND STRABANE DISTRICT COUNCILLISA MCGEEMayor John BoyleReturn of Derry Girls series to be celebrated with mural in Derry cityUV Artswee English fellawriterlast_img read more

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ShareTweet

first_imgShareTweet POLICE in Magherafelt arrested a man driving a car with no tyres after a tip-off from a member of the public on Saturday night.The man was seen driving the car between Portglenone and Bellaghy on its rims with visible damage.Police responded to the incident after a member of the public contacted them with a description of the driver, the location and the registration of the car. bellaghyMan driving car with no tyres arrested in Co Derry after tip offPoliceportglenonePSNI MAGHERAFELTcenter_img A PSNI spokesperson wrote on the ‘PSNI Magherafelt’ Facebook page that police responded immediately.The car was discovered by police after a crash and the driver was arrested for driving whilst unfit through drink and/or drugs.“Another potential killer off the roads,” the spokesperson road.Man driving car with no tyres arrested in Co Derry after tip off was last modified: July 8th, 2019 by John2John2 Tags:last_img read more

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THE Mayor of Derry and Strabane Councillor Michae

first_img THE Mayor of Derry and Strabane, Councillor Michaela Boyle, today met with political leaders and key stakeholders to urgently discuss progress in the campaign for a medical school for Magee campus.The meeting was called over fears the medical school could be switched from the Magee Campus in Derry to Belfast by the Department of Health.At the meeting serious concern was expressed at the lack of response from the Department for Health regarding the business case for the graduate entry level school. “As well as going some way towards meeting the significant need for student places, the Medical School will also help address the deficit in GPs in the Western area and facilitate the accelerated development of the health related projects THRIVE, CIDRA and CARL.“As today’s meeting reiterated – we are united and determined in our efforts to address the legacy of underinvestment in education and to secure this vital resource for the North West. “We are disappointed in the government’s apparent disregard for this crucial need and we simply demand better.”Among those attending today’s meeting at the Guildhall were Foyle MP Elisha McCallion, Gary Middleton MLA, Councillor Eamonn McCann, Roy Beggs MLA, cross-party representatives, and senior representatives from Ulster University and Derry City and Strabane District Council.Contact will now be made with David Sterling’s office seeking a meeting with Richard Pengelly, the Permanent Secretary at the Department for Health and Noel Lavery, Permanent Secretary at the Department for the Economy.Pressure mounting in campaign for North West Medical School was last modified: June 13th, 2019 by John2John2 Tags: City DealDEPARTMENT OF HEALTHDerry and Strabane CouncilELISHA MCCALLIONFoyle MPMayor Michaela BoylePERMANENT SECRETARYPressure mounting in campaign for North West Medical SchoolRICHARD PENGELLY ShareTweet Afterwards Mayor Boyle confirmed that she will now seek an urgent meeting with party leaders and Head of the NI Civil Service David Sterling, and an immediate update on the project which is regarded as an essential element of Derry and Strabane’s City Deal proposal and a key investment priority set out within the Strategic Growth Plan for the City and District.“The resounding message at today’s meeting was extremely clear in terms of the feelings of frustration and concern that we are still awaiting approval of funding for this vitally important project at this stage,” she declared.“The urgency of the situation is increasing as we fast approach the final deadline for student intake ahead of the planned autumn 2020 start. “The expansion of the university is absolutely vital for the economic development of the North West. last_img read more

"THE Mayor of Derry and Strabane Councillor Michae"

NewsWatch Bumble Be

first_img NewsWatch Bumble Bee Foods CEO Indicted For Price Fixing By Daniella HankeyMay 17, 2018, 04:53 am 403 0 Facebook Google+ Leave a Reply Cancel reply Your email address will not be published. Required fields are marked *Comment Name * Email * Website Twitter Daniella Hankey Linkedin Next PostFDA Approves First Nonopioid Drug To Ease Withdrawal Symptomscenter_img Pinterest WASHINGTON, D.C. (ABC NEWS)- Christopher Lischewski, chief executive officer of Bumble Bee Foods, has been indicted on one count of price fixing as part of an ongoing investigation that includes at least three other current or former executives at packaged-seafood producers.A San Francisco grand jury has charged that Lischewski conspired with others in his industry from November 2010 to December 2013 to eliminate competition and set prices for canned tuna, the U.S. Department of Justice said in a statement Wednesday.The government began investigating Bumble Bee Foods, Starkist and Chicken of the Sea more than two years ago, according to the Associated Press. Stephen Hodge, a former executive at StarKist, pleaded guilty to price fixing last year. Two other Bumble Bee executives also have pleaded guilty.“The Antitrust Division is committed to prosecuting senior executives who unjustly profit at the expense of their customers,” Assistant Attorney General Makan Delrahim of the Justice Department’s Antitrust Division said in the statement. “American consumers deserve free enterprise, not fixed prices, so the Department will not tolerate crimes like the one charged in today’s indictment.”John Keker, Lischewski’s attorney, told the AP his client is innocent and that he will be vindicated.Bumble Bee, according to the DOJ, already has pleaded guilty and agreed to pay a fine of $25 million. Tumblr Mail Home NewsWatch Bumble Bee Foods CEO Indicted For Price Fixing Previous PostWoman Warns Parents After Daughter Burned Doing ‘Deodorant Challenge’last_img read more

"NewsWatch Bumble Be"

By Marin Katusa Chief Energy Investment Strategis

first_imgBy Marin Katusa, Chief Energy Investment StrategistThe Senkaku Islands, also called the Diaoyu (Fishing) Islands in Chinese, are five unremarkable and uninhabited landmasses in the East China Sea to the northeast of Taiwan. The islands cover total area of only about 7 square kilometers, less than a tenth of the size of Manhattan.Japan, China, and Taiwan all lay claim to the islands. Though heated words were often exchanged and warnings frequently issued by all sides, everyone assumed that the status quo would continue, and calmer heads would prevail…Until now.On September 11, 2012, Japan formally nationalized three of the five islands, setting off events that could lead all the nations in the region down a warpath.Chinese citizens, clearly angered by Japan’s provocation, began a series of anti-Japanese protests that spread across almost 200 cities. Japanese products were boycotted, cars were smashed, and stores were looted. A week after the Japanese announcement, a flotilla of a thousand Chinese ships entered Japanese waters. A week after that, China sent its strongest signal yet: the country commissioned its first-ever aircraft carrier into service.The Taiwanese navy, not to be outdone, sent ten coast guard ships along with 75 fishing boats to the islands. When they were met by the Japanese coast guard, both sides began firing water cannons at each other.The Stare DownThe Americans added fuel to the fire by stating that, as the islands are under effective Japanese control, the USA would be obliged to come to Japan’s aid under a 1960 security treaty if the islands were attacked. This would put the United States – the largest economy in the world – against China, which is the second-largest economy in the world.So there you have it: the greatest threat to world security is not Iran, but possibly a collection of small islands in the Pacific.But why are these countries willing to go to such lengths to claim these islands?The answer is simple: OIL!!!!!In the 1970s, evidence was found that points to significant amounts of oil and gas in the waters around these islands:The EIA estimates that there could be roughly 100 million barrels of oil and 2 trillion cubic feet (TCF) of natural gas in the East China Sea, though Chinese sources show resource estimates of 160 billion barrels and 250 TCF of natural gas. If the Chinese sources were correct, this area would have more oil than the entirety of Iran.Obviously, the resource estimates are probably much higher than what could be extracted out of the ground, but it demonstrates the massive potential in the region.China and Japan both rely on imports from foreign countries to supply most of their oil and gas needs, as domestic production does not come close to satisfying rising demand from their populations. Every barrel they can produce within their own borders is a barrel they do not have to purchase from an unstable Middle East or a saber-rattling Iran.As cheap and accessible oil runs out all over the world, countries will become increasingly desperate to secure whatever oil and gas fields they can in order to fuel their economies in the future. This constant striving for energy security means that these countries will fight tooth and nail for any large oil and gas fields, especially ones with as much potential as the Senkaku Islands.Even if this means war.For those investors who wish to grow their energy portfolio, they must be mindful what energy security means to their investments. Whether their money is in a large, multinational oil company or a small junior looking for its first successful well, investors must first consider whether or not the company fits into the bigger picture:Energy, not the US dollar, is going to be the currency that world leaders trade in.Are you going to be left behind?Or are you going to join us as we find the best energy companies in an energy-hungry world? Additional Links and ReadsDespite Setbacks in 2012, Shell Confident in Its Arctic Offshore Petroleum Program (Calgary Herald)The stars almost lined up for Shell to finally drill exploratory wells in the waters off Alaska’s north coast this year. After decades of preparation, Shell got a federal green light and sent a flotilla of ships to its Arctic prospects. But even a decade of preparations couldn’t ensure that everything went according to plan – damage to an undersea containment unit was the final straw that forced Shell to limit its efforts to top-hole work, or well preparation. As ships wind down operations for this season, the company is positive about what was accomplished this year and excited for next season.Natural Gas Boom in the US – Is Russia the Big Loser? (Christian Science Monitor)The shale gas boom in North America is leading to a scenario thought impossible just a few years ago: that the United States won’t need to import natural gas. Moreover, the US could become a significant exporter of LNG – and if those exports started heading to Europe, Russia would be the big loser. President Putin loves to use Russia’s resource wealth to gain global power, and with Europe beholden to Russia for gas, his plan is working. Another, friendlier source of gas would change all that.Short-Term Dip in Uranium Prices Now a Long-Term Slump (Financial Post)When the Fukushima disaster unfolded in March last year, even the most optimistic investors knew the uranium market was in for a rough ride – they just didn’t think it would last so long. Eighteen months later, uranium prices continue to hit new lows and, with no near-term catalysts pending, it shall likely continue to slump for another year. In the long-term, uranium bulls remain confident that demand will outpace supply and send prices back up.last_img read more

"By Marin Katusa Chief Energy Investment Strategis"