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Moody’s: Problems mounting for U.S. coal industry

first_img FacebookTwitterLinkedInEmailPrint分享Mining.com:US domestic demand for thermal coal will fall in the near term as individual states shut down much of the industrial economy to try and stem the coronavirus pandemic, and as slowing economic activity cuts US electricity demand in the second quarter of 2020, Moody’s Investors Services said Thursday in a research note, adding that it expects an unprecedented shock to the global economy in the first half of 2020.The outlook for coal-fired power plants in the US has darkened over the past few months, Moody’s said, particularly for coal plants in the Mid-Atlantic and the industrial Midwest. These coal plants have been economically challenged for the past few years, generating minimal to negative cash flows. The developments in the past few months have conspired to push them into an even more perilous position, Moody’s asserted.Meanwhile, environmental, social and governance-related (ESG) issues with respect to the coal industry have eroded access to capital for US coal companies, Moody’s noted. Equity and debt trading levels for coal companies have worsened substantially from a trifecta of factors. Moody’s highlighted a weakening export market in the second half of 2019, multiple announcements that major investors would divest coal-related holdings, and the broader weakening that occurred with the global spread of the coronavirus in March 2020.Coal companies have also struggled with recent adverse political developments, including a revised approach to black-lung liabilities that would require them to post more collateral during a weakening market environment, and a recent US Federal Trade Commission ruling against Arch and Peabody’s joint venture in the Powder River Basin that would have helped these compete against alternative fuels.Export thermal markets will continue to fall in 2020, Moody’s said, rather than helping rescue domestic thermal coal producers from weakening domestic demand like in 2017 and 2018. While some producers still have contracts established during stronger market conditions, and cash costs vary significantly for each mining operation, coal pricing in Europe will not support a continuation of US exports at 2019 levels, which were themselves down 20% from 2018 levels.While thermal coal prices continue to decline, demand for metallurgical (met) coal used in steelmaking remains uncertain – with clear downside risk.More: ESG issues limit U.S. coal industry’s resistance to pandemic – report Moody’s: Problems mounting for U.S. coal industrylast_img read more

“Free” websites can cost you

first_imgAn adage among tattoo artists states that “a good tattoo isn’t cheap and a cheap tattoo isn’t good.” The same can be said for websites. High quality products don’t usually have 99 cent price tags. And there’s a reason for that. If you’re considering a free website, here’s another adage:“Things that sound too good to be true usually are.”The Risks of “Free” WebsitesPoor Security – Adding security measures increases cost, so to provide a free product, these companies just skimp on the security.Greater likelihood of malware – Free website hosts have a higher instance of malware-infected sites. Probably because of lax security. Or their own nefarious purposes?Limited bandwidth – Free sites typically have bandwidth caps, meaning that your site could easily exceed its bandwidth and experience slow load speeds or even become inaccessible to users. If this occurs too often, search engines may consider your site inactive, seriously harming your rankings. With some hosts, your site won’t come down, but you’ll be charged hefty fees for going over.Ads you don’t want – With a free site, you will likely have advertisements for other companies displaying on YOUR website. It can even be a competitor’s ad!Hidden charges – To make their money back, many “free” hosts limit the backend functions of your site in order to charge you fees once your site is up and running. For example, you may have very limited storage and be charged a fee to increase it. Or you may be charged every time you want to add a new page to your site, etc.Privacy – Free site hosts have been known to sell customer information to advertisers. Get ready for a flood of sales calls!No ownership – Unlike a custom designed site, you can’t just take your site and move it to a new host when you feel like switching. The host owns your site.A template design – For your site’s design, you pick from a limited number of pre-made templates. That means you have little creative control and will share a site look with thousands of other companies.Harming your credibility – Most people have a very negative view of free websites. If you choose this option, you risk giving users the impression that you’re cheap and lax about their security.The Benefits of a Custom-Designed SiteDesigned just for you – By going this route, you’ll have a website specifically designed around your business goals and the needs of your customers. Also, your site will have a one-of-a-kind look and feel based on your unique brand.Designed by experts – The team working on your site will include experts on content strategy, user experience, graphic design and web development.Total ownership – The site will be 100% yours. If you choose to move your site to a different host, you can.Highly editable – A good design firm understands your need to keep your content fresh and up-to-date. They will design your site to be as editable as possible and give you the tools and training to make the updates yourself.Reputable CMS – A good design firm will also build your site in a well-known, highly regarded content management system such as MODX.Custom backend on your CMS – With a custom site, clients typically also get a custom backend on their CMS tool. This means that your content management system has been customized to make updating your site quick and easy and based on your unique needs.Search engine friendly – Unlike free sites, your custom site will be optimized for search and will even allow you to change metadata such as page keywords, descriptions, alt tags and more.Professionalism – Most website users can quickly tell between a custom designed site and a shoehorned template site. Custom sites send a very positive message, demonstrating to your customers that it is important to you to provide them with a useful, beneficial online experience.Not only is your website an important resource for current and prospective customers, it also communicates your brand and serves as your most valuable marketing tool. By going the cheap route with your website, you’re putting your members’ security, the integrity of your brand, and your reputation at risk. Is it worth it? 29SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr,Jeff Kjoller Jeff has extensive experience in branding, art direction and graphic design, having served employers and clients in a creative capacity for more than twenty-five years. After graduating from the University … Web: www.loudthought.biz Detailslast_img read more

New UCL format good for Leipzig against Atletico, says Nagelsmann

first_img“We will all be thrown into cold water, because of this situation, so experience isn’t as big a factor as it might have been.”Nagelsmann is without his main goalscorer Timo Werner, who scored 34 times last season including four in the Champions League before joining Chelsea in June.In his absence, Leipzig’s forward line is likely to be led by Denmark’s Yussuf Poulsen and Czech Republic striker Patrik Schick, who is carrying a knock, but Nagelsmann was keeping his cards close to his chest.“We don’t have Werner and I won’t say who will start,” said Nagelsmann.“But we have players who didn’t play when Werner was here who will now get their chance.”Leipzig were still in Germany’s third tier as recently as 2013-14 and this is arguably the biggest game in the history of the fledgling club.“If you look at our side, we have a few players who have played more than four or five years at this club,” said Leipzig goalkeeper Peter Gulacsi.“It’s another chance to show our strength in Europe. We have a lot of confidence and we’ll try to show our qualify for the semis.”Nagelsmann revealed he is wary of the “physical” presence of Madrid’s centre-backs Jose Gimenez and Stefan Savic.“We obviously want to look get down the sides and move the ball out wide to find gaps in their backline”. Read Also: Bayern ponder how to stop Messi ahead of UCL showdownLeipzig could potentially face Bundesliga rivals Bayern Munich, who play Barcelona on Friday, in the Champions League final, but Nagelsmann refused to think too far ahead.“Of course an all-German final would be brilliant for Germany, but we aren’t thinking further ahead than tomorrow.”FacebookTwitterWhatsAppEmail分享 Leipzig boss Julian Nagelsmann believes the new format of the Champions League will level the playing field in their quarter-final with experienced European competitors Atletico Madrid. Leipzig, founded in 2009, are in the Champions League’s knock-out stages for the first time in the club’s brief history and face Atletico on Thursday night. In contrast, the La Liga side reached the 2014 and 2016 Champions League finals, losing both times to Real Madrid, and won the Europa League in 2012 and 2018 under head coach Diego Simeone.Advertisement However, the Champions League’s new format — one-off knock-out games instead of two-leg ties — sees both teams step into the unknown. “We know that they have a lot of experience over two legs, but anything can happen in just one game,” Nagelsmann said Wednesday. Loading…last_img read more

Nigel Hayes discusses student athlete compensation, player boycotts

first_imgNigel Hayes spoke at the “Future of College Sports: Reimagining Athlete Pay” panel The Aspen Institute hosted in Washington D.C. Tuesday. Here, Hayes discussed the future of college athlete compensation alongside a panel of front office executives for different college programs.But perhaps the biggest surprise of the night came partway through the conversation where Hayes recalled a specific instance in the 2016-17 season where he tried to organize a boycott of the Syracuse game in November. At the time, the game made big headlines as a statement 77–60 win for the Badgers, but the story would have been much bigger had the team sat out the primetime contest.“I presented it to our guys as we had our goals that year and it wouldn’t impact any of the goals because it was a non-[Big Ten] game which doesn’t affect the [conference]. It’s not in the NCAA Tournament so it’s not like we can lose that. And it doesn’t hurt our record because it’s more of a forfeit kind of thing than it is a loss,” Hayes said.A look back at this semester in sports: Performances, seasons, careers that defined spring 2018This semester is almost through — I know this because I saw the sun last week and haven’t been to Read…Hayes ultimately opted against the decision, as the entire team wasn’t comfortable with forfeiting the match.Hayes also talked about one instance of hypocrisy within the NCAA’s student-athlete policy that occurred during the Badgers championship game run in 2015.In April 2015, the University Book Store stopped selling a t-shirt that had something Hayes said during a press conference. Selling the t-shirt was not a good move for UW because, under NCAA rules, Hayes could not be compensated at all for a shirt with a direct quote from him.Men’s Basketball: Tai Strickland, Joe Hedstrom, to join 2018 Badger recruiting classIncoming freshmen, Tai Strickland and Joe Hedstrom will be joining the 6-foot-8 forward Taylor Currie in the Wisconsin basketball 2018 Read…Despite the bookstore mishap, Hayes made clear earlier in the discussion that former Coach Bo Ryan and the University of Wisconsin program have always supported his efforts to get just compensation for his performance. The former Badger is still involved in two lawsuits against the NCAA he began as a freshman with the assistance of teammate Zach Bohannon.While you may agree or disagree with boycotting a game, the discussion Hayes is trying to have is important. Despite former players and pundits encouraging it, the discussion is yet to bring any significant change in the NCAA rulebook.last_img read more