Virginia-based quartet Threesound is quickly emerging on the live music scene, seamlessly blending various genres to create a fresh and engaging sound. The band always delivers a groove, whether its the bursting melodic guitar lines or tight rhythm section leading the charge. Ever since 2011, Threesound has impressed listeners with infectious live performances and catchy songwriting, landing them on bills with groups like Twiddle, TAUK, The Main Squeeze and more.Ever eager to take things to the next level, the band has a brand new album called Different Spaces due out on September 12th. We’re excited to share a fresh cut from the new release, as Threesound has given us the exclusive premiere on their new video for the track “Bumblebee.”Says singer/guitarist John Hayes, “Bumblebee was written like other songs we’ve written in the past, the guitar and drums came first and lyrics second. Bumblebees themselves are a vital part of the natural world; I used to have conversations with a friend about that and he was conveyed their importance to the world, and that stuck with me.”Watch the brand new video, streaming below.Like what you hear? Then don’t miss Threesound on the road! You can see their full touring schedule below, and find out more about the band on their Facebook.Threesound Upcoming Tour Dates9.3 | Stuart, VA | Front Porch Fest9.17 | Winchester, VA | Valley Fusion Festival9.17 | Rock Camp, WV | Pink Moon Festival9.24 | Harrisonburg, VA | Clementine 10.7 | Raleigh, NC | The Pour House Music Hall10.22 | Richmond, VA | The Camel11.11 | Indiana, PA | Brown Hotel
Texas bluesman Gary Clark Jr. has a slew of surprises in store for fans in early 2017. Earlier this month, the guitarist announced the impending release of a new live album, North America 2016 (a follow-up to his 2014 live release Gary Clark Jr. Live) and shared a video for the album’s first single “The Healing.” The new album is comprised of recordings from various dates throughout Clark’s extensive 2016 tour.Gary Clark Jr. Announces New Live Album Release, Shares “The Healing” [Listen]On Friday, Clark released his second video from North America 2016–this time of him performing “My Baby’s Gone” underneath swirling, psychedelic moving illustrations. You can check out Gary Clark Jr.’s brand new music video below via the artist’s YouTube page:Gary Clark Jr. – North America 2016 — Full Track Listing1. Grinder (Live)2. The Healing (Live)3. Our Love (Live)4. Cold Blooded (Live)5. When My Train Pulls In (Live)6. Down To Ride (Live)7. You Saved Me (Live)8. Shake (Live)9.Church (Live)10. Honest I Do (Live)11. My Baby’s Gone (Live)12. Numb (Live)North America 2016 will be available in full on March 17th. For more information, or to pre-order the album, visit Gary Clark Jr.’s website.
Cult hero alt-rock oddballs Ween have announced that they will perform at the iconic Red Rocks Park & Amphitheatre in Morrison, CO on Tuesday, June 5th, 2018. The announcement comes on the two-year anniversary of their return to the stage in Colorado following a four-year breakup.The band last performed at Red Rocks in on July 12th of last year, and has played there 6 times dating back to 1995, when they served as one of the supporting bands for Big Head Todd and The Monsters for their two-night headlining run. So far, this announcement marks the band’s first scheduled date of 2018. However, Freeman’s touring schedule is completely clear according to his website, and Melchiondo is only booked during the end of March and beginning of April with The Dean Ween Group, so we wouldn’t be surprised if there are even more new Ween dates in the works.As the band’s announcement denotes, a pre-sale period for the Red Rocks show will begin on Tuesday, February 13th at 10 am MT, and the general on-sale will begin on Friday, February 16th at 10 am MT. For more information, or to purchase your tickets when they become available, head to the band’s website.[Cover photo: Dave DeCrescente]
In Java, Radcliffe Fellow Nancy J. Smith-Hefner studies a functional — if sometimes tense — negotiation of gender roles within Islam. But in some Muslim societies, the tension between genders can lapse into violence. Other Radcliffe fellows can tell that tale.Last year, Hauwa Ibrahim RI ’09, the first female lawyer in northern Nigeria’s predominantly Muslim Gombe region, talked about the sometimes violent consequences of shariah religious law for women. This year, current Radcliffe Fellow Humaira Awais Shahid, a Pakistani journalist, human rights activist, and former legislator, will present an April 14 discussion on the Islamic and tribal context of violence against women in South Asia.Shahid has seen gender conflict within Islam escalate into gang rapes, acid attacks, honor killings, forced marriages, and other forms of violence. Legal reforms in Pakistan are slowly improving the picture, including a Women’s Protection Act and a law that protects women from workplace harassment.Now Shahid is part of an effort to improve things further, on an international scale. Last month, she appeared with U.S. senators John Kerry and Barbara Boxer in Washington, D.C., at the reintroduction of the International Violence Against Women Act. If enacted, the law would tie all U.S. international aid to violence against women and girls, and make the issue a diplomatic priority.
Indian ratings agency lowers outlook for country’s coal-fired power sector FacebookTwitterLinkedInEmailPrint分享The Economic Times:Capacity utilisation of coal-fired power plants is set to decline in FY20, following a slowdown in power demand growth from 6.4 per cent in the first eight months of FY19 to 1.2 per cent during FY20 and higher generation from hydro and renewable sources, according to estimates by ratings agency ICRA.It has prompted the agency to revise its year-end outlook for the power sector from stable to negative. The rating is driven by critical factors like a slowdown in energy demand growth, sluggish progress in the resolution of stressed thermal assets and; less than expected improvement in [distribution company] finances.According to ICRA Research, demand growth turned negative since August 2019, which declined by 12.9 per cent in October 2019 and 4.3 per cent in November 2019 on a Y-o-Y basis. This can be attributed to lower demand from household and agriculture segments following higher than usual rains in August 2019 to October 2019 and; moderation in demand from the industrial segment.A slowdown in power demand growth coupled with higher generation from hydro, nuclear and renewable sources led to a decline in capacity utilisation to 56.6 per cent in the first seven months of FY2020 from 60.2 per cent in the corresponding period of the previous year.Sabyasachi Majumdar, group head & senior vice president, ICRA, said: “ICRA expects subdued energy demand growth coupled with higher generation from hydro, nuclear and renewable sources to suppress average capacity utilisation of coal-fueled power plants to about 59.0 per cent in FY2020 from about 61 per cent in FY2019. Nonetheless, the same is expected to show a gradual recovery over the medium term with decommissioning of older thermal projects, slow pace of new capacity addition and expectations of recovery in industrial energy demand. Further, the absence of fresh long-term power purchase agreements over the last few years and the delays in implementation of medium-term power purchase agreements as awarded in the last one year, under the central schemes remain the areas of concern for the IPPs.”ICRA notes that the progress on stressed asset resolution also remains slow, with only about 10 per cent of the 40 GW stressed coal-based capacity, achieving resolution. This is because of the long lead time to achieve a sustainable resolution, limited progress in signing of new long-term power purchase agreements and still subdued thermal PLF levels. Given the slowdown in demand growth and lack of visibility on long-term power purchase agreements, the resolution of stressed assets may remain slow in the near term.[Debjoy Sengupta]More: ICRA revises year-end outlook to negative for conventional power sector
On Monday, we witnessed two great sports come together to help an important cause.A year ago, Rob Burrow was diagnosed with the rare and incurable motor neurone disease. It rocked not just the rugby league community, but sport as a whole.Now, rugby league and horse racing have combined with the Burrow Seven campaign in honour of the former Leeds Rhinos, Great Britain and England star and his continuing effort to raise awareness of the disease.
Animal behaviour expert Laura Vissaritis with her pooch Chester. Picture: Josie Hayden.ONE in three pet owners admit to getting frisky in front of their furbaby, a new study shows.A survey of 1600 Aussie pet owners by realestate.com.au found 30 per cent had been frisky with their partner while their precious pooches or much-loved moggies were in the room — a figure that was even higher for cat lovers (40 per cent).The study found two in three cat owners and more than half of dog owners also allow their pet to sleep in bed with them.GET THE LATEST REAL ESTATE NEWS DIRECT TO YOUR INBOX HEREThe Pet Ownership Study collected views on renting with pets, pet ownership and the role pets play in the home.It found renters are going to extreme lengths to secure a rental property, with one in four not disclosing their pets when applying for rental properties and a quarter hiding their furbabies during a property inspection.More than half (53 per cent) of Queensland tenants said they would prefer a pet room-mate over a human — more than in any other state.One in three pet owners admit to having sex with their pet in the room. Picture: Justin Lloyd.But in good news for renters in the Sunshine State, Queensland has the top two most pet-friendly spots in the country — Blackwater and Cooloola Cove.In the southeast corner, Laidley Heights (between Ipswich and Toowoomba), Tamborine in the Gold Coast hinterland and Stanmore in the Moreton Bay region have the most rental properties listed as ‘pet-friendly’ on realestate.com.au.A new survey has found around 90% of Aussies believe landlords favour people without pets. Picture: Sam Rosewarne.Around 90 per cent of Aussies believe landlords favour people without pets when selecting new tenants.But while pets may get a bad rap with landlords, renters surveyed by realestate.com.au admit most of the wear and tear in their home is caused by humans (72 per cent).Realestate.com.au executive general manager Andrew Rechtman said the rental market was already competitive, but the survey findings showed finding a home was an even greater struggle for pet lovers.HOME OF NASA INVENTOR FOR SALE“Over the past 12 months, we’ve had more than 2.3 million searches for pet-friendly rentals on realestate.com.au,” Mr Rechtman said.“To help renters present their pet in the best light, we’ve launched a new ‘pet profiles’ tool.“With this tool renters can now provide a bio and picture of their pet alongside their application.“Since launching pet profiles, we’ve already seen more than 57,500 people add their pet to anapplication and we’ve had a really positive response from property managers and landlords.”Pet lovers are resorting to lying about having a pet when applying for a rental.Pet Insurance Australian spokeswoman Nadia Crighton told The Courier-Mail many pet owners struggled with finding suitable rental accommodation for their entire family “including the furry kind”.“Finding rental accommodation that welcomes pets is no easy task,” she said, adding she also knew of some owners going as far as lying about the pet living in the home.“Sadly, many renters do hide the fact that they have a pet on the premises.“This can cause a huge amount of continual stress and fear that the landowner will discover the pet.”NAB CHANGES CASH RATE CALLA search of pet friendly rental accommodation found 457 listings for Greater Brisbane on realestate.com.au.Last year alone, the Brisbane City Council reported 45,920 inquiries for animal permits and registration.REIQ chief executive Antonia Mercorella.Real Estate Institute of Queensland chief executive Antonia Mercorella said she was supportive of landlords and tenants coming to a negotiated agreement that permitted pets in a rental property.Ms Mercorella said data suggested there were benefits to landlords allowing pets in their investment properties, as well as the obvious benefits to tenants.“Those households with pets tend to move less often and, due to the fact that there are fewer properties that allow pets, be less likely to break leases to move within a town,” she said.“There is also some suggestion that people with pets would be open to paying higher rents, and perhaps some version of ‘pet insurance’ to accommodate their furry friends.”A new survey has found pet owners are struggling to find rental accommodation.Animal behaviourist Laura Vissaritis said the survey reinforced the bond many people share with their pets.“There aren’t many places we won’t take our pets these days,” she said.“They’re by our side when we’re out to breakfast, at friends’ houses, going shopping and,seemingly, when we’re in the bedroom.More from newsParks and wildlife the new lust-haves post coronavirus18 hours agoNoosa’s best beachfront penthouse is about to hit the market18 hours ago“While sharing a bed with a dog or cat is something that can divide households, there’s actually no harm in it as long as you’re consistent with your behaviour.”AXE MURDERER’S HOME SOLD FOR MILLIONSBrisbane pet lover Anthony Wallace, 35, spent six months looking for somewhere to live with his rottweiler Kasia, but had no luck.Mr Wallace said he did consider lying about having a dog out of desperation, but thought it would be too hard to get away with it.“It’s kind of hard to hide a rottweiler,” he said.“It’s not like I can just shove her in my handbag.”Anthony Wallace, with his dog Kasia, who he lives with. Picture: Peter Wallis.He eventually found a private rental in the outer suburb of Shailer Park, which he shares with two other housemates.“I found going through a real estate agent — even if they say pets are allowed — there’s no way anyone will let you rent a house with a rottweiler,” Mr Wallace said.“They also seem to give preference to people without dogs or at least with smaller dogs.”When it comes to applying for a rental property, Mr Rechtman suggested applicants let the landlord or property manager know their pet had regular health checks, was registered and microchipped.“You might also consider taking your pet along to an inspection,” he said.SOUTHEAST QLD’S MOST PET FRIENDLY SPOTS1. Laidley Heights2. Tamborine3. Stanmore4. Rosewood5. Walloon6. Laidley7. Woodford8. South Maclean9. Buccan10. Toogoolawah(Source: Realestate.com.au, based on the suburbs with the most rental properties listed as ‘pet-friendly’ in past 12 months)AUSTRALIA’S MOST PET FRIENDLY SPOTS1. Blackwater (QLD)2. Cooloola Cove (QLD)3. Tallangatta (VIC)4. Gledhow (WA)5. Tailem Bend (SA)6. Boddington (WA)7. Eglinton (NSW)8. Lockyer (WA)9. Orana (WA)10. Goombungee (QLD)(Source: Realestate.com.au, based on the suburbs with the most rental properties listed as ‘pet-friendly’ in past 12 months)Video Player is loading.Play VideoPlayNext playlist itemMuteCurrent Time 0:00/Duration 1:54Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -1:54 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedQuality Levels720p720pHD540p540p360p360p270p270pAutoA, selectedAudio Trackdefault, selectedFullscreenThis is a modal window.Beginning of dialog window. 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“This way active managers could be asked to simulate their strategy to convince the pension fund it would actually add value to the portfolio,” the researcher said.Slager pointed out trustee boards were “not ready yet” for a new form of information exchange but he is optimistic for the future: “Talking to trustees who only just started on the boards you see people much more used to new regulations and a two-way dialogue with asset managers.”The €27bn French civil service scheme ERAFP awarded a mandate last month based on data from a “virtual asset management platform” allowing managers to replicate their strategies.Rob Arnott, founder and CEO at Research Affiliates, also emphasised the importance of collecting evidence and using information sensibly, from a fund manager’s perspective.“When someone beats the market there has to be a loser on the other side of the trade,” Arnott said. “If a manager does not have a clear, succinct answer to who that is then they don’t know why they are winning. Indeed they are then the losers.”Knowing why a strategy worked was key to sustainable returns for asset managers, but also for pension funds, he added.“Almost no pension fund committee is willing to record how decisions were made and go back after a few years to see what mistakes they made,” Arnott said. “The same applies to quant managers as they seldom ask whether a strategy enhancement really enhanced the product or just added a performance chaser which weakened the product.”Factor investing ‘not a panacea’Arnott, a vocal advocate of factor-based investing, also warned that relying solely on data was not a good strategy.“It can help as a tool but it tells you nothing about the future – you need to be very aware of the fact that inefficiencies change,” he said.He said he was convinced that “looking at valuations helps”, emphasising this point with the example of quant managers and factor investing: “Inviting 10,000 quants to mine data means they will all come up with the same factors. So we are dealing in a very crowded territory, and the notion that factor investment is some sort of panacea is naïve.”The factors on which most products are based were developed by academia “based on the assumption that markets are efficient” and without allowing for future changes to markets, Arnott said.“Many factors were identified because they were statistical outliers,” he said. “Quants get seduced by data and fail to ask important questions like how can I get hurt, how might inefficiencies change.”Arnott’s research has shown anti-cyclical investment works for factors such as value and momentum. “When valuation is low, value is working fine – when it is high, not so much,” he said. “You have to buy what is out of favour, unloved, and what people want to get rid of.”Arnott has warned of the dangers of overvaluation in factors for some time, through several research papers.In his presentation last week he also reiterated his argument that timing of factor investing was possible, but said it “needs a mindset that is well suited” to one factor, meaning investors should not chase performance when a factor gets cheaper.Alfred Slager also voiced concerns of a point “where the trouble starts” with factor investing. “With pension funds reviewing strategies one of the challenges is to hold a steady and consistent course in factor investing,” he said.Slager added that he had a few concerns regarding pension funds and smart beta: “There were some hasty implementations which only hinged on a few moments of a timeline which the investment committee reported about. It is important to know which part of the performance in these investments is revaluation and which is structural.” Pension funds need to better brief their active managers on which strategies fit into their portfolio, rather than just giving them restrictions, according to speakers at IPE’s 360 conference.Alfred Slager, professor of pension fund management at TIAS School for Business and Society, told delegates: “The future has to be trustees providing design principles and asset managers trying to fit in, rather than pension funds trying to accommodate certain mandates.“This makes a more honest discussion necessary which is more evidence-based.”For this, pension funds needed to “connect the relevant data”. Slager recommended setting up an “open data room” with all a pension fund’s available information available to share with asset managers at an early stage.
Norli Pension, the Danish firm specialising in traditional guaranteed pension schemes, announced it has won a contract to take over the entire portfolio of a Norwegian pension scheme, as it eyes more expansion in the neighbouring Nordic market.The Copenhagen-based pensions firm did not disclose the name of the pension scheme, but said it would take over the management of 550 of its individual policies with total pension assets of around NOK600m (€56.5m) – subject to approval from the Norwegian and Danish financial supervisory authorities.Mads Jakobsen, chair of Norli Pension’s board of directors, said: “We see this as a strategically important step in our ambitions for growth in the Norwegian market.”The firm, which is owned by Nordic Insurance Consolidation Group, specialises in the acquisition and management of traditional, guaranteed average-rate pension schemes in run-off. Its business began with the takeover of a pension portfolio from Skandia in 2015. Last year the Norli Pension’s then chief executive officer Mads Smith Hansen told IPE the case for pooling traditional pension liabilities at firms such as his own was improving, as it was now more complex for pension funds to manage average-rate pensions than the market-rate products they were increasing offering.At the time, he said he believed Norli Pension was the only operator in Denmark actively pursuing this strategy, with the entry barrier to the business being quite high.To read the digital edition of IPE’s latest magazine click here.
Gabon has been awarded hosting rights for the 2017 Africa Cup of Nations. The tournament was initially set to take place in Libya, but security concerns have forced CAF to award hosting rights elsewhere.Gabon, which co-hosted the Africa Cup of Nations tournament in 2012, was chosen again Wednesday in a vote by the Confederation of African Football’s (CAF) executive committee in Cairo.Gabon was selected over rival bids from Algeria and Ghana. Equatorial Guinea, which shared the African Cup with Gabon in 2012, hosted on its own this year. Neighbor Gabon will now also get the chance to do that in two years.