Heifers being prepared for breeding don’t have to eat like pigs, stuffing themselves at all-you-can-eat feed bunks with unlimited refills, according to scientists at a Montana State University experiment station. Researchers at the Fort Keogh Livestock and Range Research Laboratory at Miles City conducted a two-year study that showed that heifers can safely eat 20 percent less during the seven months between weaning and breeding. They won’t suffer from reduced rations, and producers save $21 per animal. Industry-wide savings would be significant – especially in drought areas — if producers adopted the practice. “With the cost of fuel and the cost of production increasing, more and more people are open to more ideas. This is one tool producers can put in their toolbox,” said Richard Waterman, research animal scientist who headed the study.
G20 risks “massive jobs shortfall” in 2012
The world’s major economies are heading for a “massive jobs shortfall” by the end of next year if governments do not change policy tack, the International Labour Organization said in a study published on Monday.
In the report, prepared with the OECD for G20 labour ministers meeting in Paris on Monday, the ILO said the group of developing and developed nations had seen 20 million jobs disappear since the financial crisis in 2008.
At current rates it would be impossible to recover them in the near term and there was a risk of the number doubling by the end of next year, it said.
“We must act now to reverse the slow-down in employment growth and make up for the jobs lost,” ILO Director-General Juan Somavia said in a statement.
“Employment creation has to become a top macroeconomic priority.”
The number of people in work in the G20 has risen by 1 percent since 2010, but 1.3 percent annual growth is needed to return to pre-crisis employment levels by 2015, the ILO said.
“However, employment growth of less than 1 percent cannot be excluded given the slowdown of the world economy and the anaemic growth foreseen in several G20 countries,” the report said.
“Should employment grow at a rate of 0.8 percent until end 2012, now a distinct possibility, then the shortfall in employment would increase by some 20 million to a total of 40 million in G20 countries.”
India and China, the world’s most populous countries, were both laggards with less than 1 percent annual growth in total employment, the report said, so an extra push for jobs could have a major impact on the G20.
However, the report was based on figures for both countries that were not up to date.
Treasury Bond ETFs Slip on Speculation of G-20 Action in Europe
Speculation that the Group of 20 will step in to stop the European debt crisis from deteriorating caused Treasury bond exchange traded funds to lose momentum on Friday as cautiously optimistic investors returned to riskier assets.
Late Thursday, G-20 finance ministers and central bank governors promised that they were committed to a strong and coordinated international response to address the renewed challenges facing the global economy.
According to Governing Council Members, the European Central Bank may also step in to boost growth and ease concerns over the financial markets.
The G-20 countries pledging help eases the safety trade some on the margins, but until we really have a concrete plan in place for Greece we are going to maintain the same market that we have been in, Larry Milstein, managing director at RW Pressprich & Co., said.
UBS CEO Gruebel resigns following $2.3B trading scandal
He will be replaced on an interim basis by Sergio P. Ermotti, the banks CEO for Europe, the Middle East and Africa, UBS said in a statement today. Gruebel, 67, handed in his resignation as the Zurich-based banks board of directors met in Singapore.
Gruebel, who joined UBS after about 37 years at rival Credit Suisse Group AG, is the only person to have served as CEO of both of the biggest Swiss banks. Brought out of retirement to rebuild UBS after record losses, he returned the bank to profit about six months after arriving, resolved a dispute with the U.S. over banking secrecy that threatened the firms existence and stemmed nine straight quarters of client defections at the private bank.
What debt management options has a person struggling with debts?
The best way to manage massive debt balances is to seek the assistance of a debt management service. When there are multiple debts, they must be paid in respect of attention to your financial situation. When there is a lot of debt, there is an enormous amount of paper work. Different amounts have been paid to various institutes to meet deadlines. If we neglect this would add interest and multiply. Therefore, it involves a lot of concentration and it is a burden too.
Where a person ceases to make regular payments for unsecured debts of the bank would wait a while and then declared insolvent. Read all post…
Discount tickets to Beauty and the Beast
Disney’s Beauty and the Beast is now playing at Cincinnati’s Aronoff Center through October 9th.
But taking a family of four can cost $250.
The good news: The money saving website Savings Lifestyle says children and students can get half price tickets, but there is a catch.
How to find Cheap Seats
Savings Lifestyle says half price student tickets will go on sale 2 hours before select performances of Beauty and the Beast.
Anyone preschool age through college qualifies. Once you look over 18, however, you will have to show a college ID.
But the catch: You must purchase the tickets in person at the box office.
So If you’re a parent, you will need to get to the Aronoff Center, with your kids, 2 hours before the show.
Equipment Finance Industry Confidence Declines in September
Equipment Finance Industry Confidence Declines in September
Washington, DC, September 23, 2011 –- The Equipment Leasing & Finance Foundation releases the September 2011 Monthly Confidence Index for the Equipment Finance Industry today. Designed to collect leadership data, the index reports a qualitative assessment of both the prevailing business conditions and expectations for the future as reported by key executives from the $521 billion equipment finance sector. Overal