Share this article Back to overview,Home naval-today UK, Australia Forge Defence Ties View post tag: Ties January 18, 2013 View post tag: Naval View post tag: UK UK, Australia Forge Defence Ties The UK and Australia will strengthen their long-standing relationship today with a new defence treaty to provide a framework for the many strands of co-operation between the two countries. The treaty, to be signed in Perth today, Friday 18 January, with the Australian Defence Minister Stephen Smith, will see the 2 countries working together in areas such as cyber security, defence reform, personnel exchange, equipment, and science and technology.Defence Secretary Philip Hammond and the Foreign Secretary William Hague are in Perth attending the annual Australia/UK ministerial summit. Last year the corresponding event was held in London.During their trip, in one of the first examples of the closer relationship, Mr Hammond visited the Australian Naval Base and BAE Systems shipyard in Perth where they discussed a range of issues relating to the sustainment and development of Australia’s submarine programme and future shipbuilding.With both Britain and Australia due to build new frigates in the coming years, the Defence Secretary agreed with his Australian counterpart to explore the possibility of co-operation over mutual design work for the Royal Navy’s new Type 26 Global Combat Ship – a design that could meet the needs of the Royal Australian Navy.Mr Hammond said: “This government has made a concerted effort to renew and strengthen our relationship with one of our oldest allies. This defence treaty will drive forward closer co-operation on a wide range of issues, making our forces more interoperable and maximising our capabilities.Areas of potential co-operation include future frigates, with the Royal Navy’s Type 26 design, a cutting-edge blueprint that could be the first of many opportunities for future collaboration. In times of budget pressures for all nations, it makes sense to maximise economies of scale and work with our friends to get the best value for money on all sides.Australia is a close ally of the UK and NATO in Afghanistan, as in Iraq, and is a key partner in the Asia Pacific region. Many of today’s security challenges require a shared response, and the treaty therefore complements what we are doing in NATO.”During the visit, the Defence Secretary also visited the Australian HMAS Stirling Naval Base, the frigate HMAS Perth, the submarine HMAS Farncomb and the Henderson shipyard.[mappress]Naval Today Staff, January 18, 2013; Image: UK MoD View post tag: Defence View post tag: Australia Authorities View post tag: Forge View post tag: News by topic View post tag: Navy
LEICESTER, England (AP) – In scenes that would have seemed absurd a year ago, Leicester’s captain Wes Morgan collected the English Premier League (EPL) trophy yesterday after one of the most improbable turnarounds by a sports team. “It’s the best time of my life,” Morgan, a Jamaican international who joined Leicester as a second-tier club four years ago, said on the field. “You just want to enjoy every minute.” Fireworks erupted on the King Power Stadium pitch before yellow and blue streamers cascaded from the roof after the preseason 5,000-1 title long shots got their hands on the biggest prize in English football. Before the biggest party in the club’s 132-year history, the Foxes completed their first game since securing their first-ever top flight title without playing on Monday, with a swaggering 3-1 victory over Everton. Jamie Vardy, the striker signed from non-league Fleetwood Town four years ago, returned from suspension with a double to take the club top-scorer’s tally to 24, with a penalty miss denying him a hat-trick. But it was apt that midfielder Andy King was also on the score sheet. The lifelong Leicester player has been on the journey as the club climbed back from the third tier in 2009 to the top flight only two years ago. Earlier yesterday Newcastle, Norwich and Sunderland were on the hunt for points to stave off relegation, just as the champions were doing a year ago. Sunderland were the only one of the trio to win. Sunderland beat Chelsea 3-2 to climb out of the relegation zone with two games remaining as the deposed champions saw captain John Terry sent off. Newcastle who were 0-0 by already-relegated Aston Villa, are a point behind and have played a game more than north-east rivals Sunderland. Norwich are below Newcastle in the drop zone after losing to Manchester United 1-0. Juan Mata’s goal for United took Louis van Gaal’s side within one point of Manchester City in the fourth and final Champions League place. In other matches, visitors Swansea beat West Ham 4-1, Bournemouth drew 1-1 with West Bromwich Albion and Crystal Palace beat Stoke 2-1.
ALAMEDA — The Raiders will be without running back Marshawn Lynch for at least a month and it remains to be seen if he’s played his final down with the organization.Lynch sustained a groin injury in a 27-3 loss to the Seattle Seahawks in London. Coach Jon Gruden said Tuesday the running back was injured, the severity was not determined, and the Raiders were still gathering information. A team source confirmed an NFL Network report that the news from an MRI was not good and that Lynch would …
— … Yet another dominating performance by the 49ers defense Sunday, coupled with his visceral sideline response, has cemented Robert Saleh’s place as a breakout star among NFL coaches.Call it the product of two years of pent up frustration, but San Francisco’s 40-year-old defensive coordinator is becoming a Jon Gruden-like follow for TV cameras — as witnessed during San Francisco’s 20-7 win over the Rams in Los Angeles.Robert Saleh is a MOOD.#GoNiners pic.twitter.com/jm5g008sdr
On February 7, 1996, a scheduled British Airways flight set a world speed record that will never be broken in our lifetime. The fastest passenger flight in history was made twenty years ago between London’s Heathrow Airport and New York’s JFK, a distance of 3, 000 nautical miles, flown in only two hours and 53 minutes. The airplane was the incomparable supersonic Concorde.On that epic transatlantic run, British Airways Concorde G-BOAD, the tenth Concorde built, was piloted by veteran Captain Leslie Scott and First Officer Tim Orchard. The official FAI-recorded flight time was two hours, 52 minutes, and 59 seconds. “Alpha-Delta” was the highest-time Concorde flown with 23,397 hours, and currently resides at the Intrepid Air Museum in New York. Its maximum cruising speed of Mach 2.04 (1,350mph) was faster than man’s very first Mach 2 flight achieved with the experimental rocket-powered Douglas D-558-II in November 1953.There have been numerous stories of how Concorde’s speed was used in unique ways by high-end clientele. There was the New York tycoon who saved more in interest than the cost of his ticket by closing a deal in London the same day the contract was written, or the rock star who had his personal barber flown by Concorde to New York to administer a trim before the singer’s concert at Madison Square Garden that same evening. The airplane was chartered by numerous travel groups for round-the-world supersonic tours of everything from museums to golf courses.Read: Concorde to start charter flights by 2020?However, there was one short-lived Concorde service that never quite made the headlines, yet offered the mass public a chance to experience the near-supersonic realm – or at least a full afterburner takeoff. Flown as an interlink with British Airways and Air France in 1979, Braniff International Airlines established Concorde flights from Dallas, Texas (DFW) to London and Paris, respectively, with a fuel stop and crew change at Washington’s Dulles International Airport (IAD).Due to FAA regulations, the aircraft’s registration was changed from British or French to U.S. using ScotchCal adhesive numbers for flights from DC to Dallas, and the aircraft was restricted to subsonic speed while flying over land. (The cabin Machmeter read “Mach 0.99” during cruise.) All three cockpit crew wore Captain’s stripes, and all 100 passengers were afforded sumptuous First Class service. The best part, however, was the air fare for this two-hour flight. While it may have cost as much as $6,000US to fly one-way transatlantic, one-way fare from IAD to DFW was only $79US.
Share Facebook Twitter Google + LinkedIn Pinterest On December 18, 2015, Congress passed and the President signed into law an agreement on tax extenders and numerous other tax provisions in the “Protecting Americans from Tax Hikes (PATH) of 2015” (the Act). Tax extenders are the 50+ tax provisions that are routinely extended by Congress on a one- or two-year basis. The Act makes permanent many of the individual and business extenders. Some of the more pertinent provisions are as follows. Section 179 expense deductionUnder Sec. 179 of the Internal Revenue Code, a taxpayer may elect to deduct as an expense, rather than to depreciate over time, up to a specified amount, the cost of new or used tangible personal property placed in service during the tax year in the taxpayer’s trade or business. In this case, “taxpayer” does not include an estate, trust, or certain non-corporate lessors. The maximum annual expensing amount generally is reduced dollar-for-dollar by the amount of Code Sec. 179 property placed in service during the tax year in excess of a specified investment ceiling.The old law provided that, for 2015, the maximum expensing limit was $25,000 and the investment ceiling was $200,000. Pursuant to the new law, the expensing limit was increased to $500,000 and the investment ceiling was increased to $2,000,000 before the phase-out begins. These amounts were made retroactive to the beginning of 2015 and they were made permanent for future use. In addition, for any tax year beginning after December 31, 2015, both the $500,000 and the $2,000,000 are indexed for inflation.The amount eligible to be expensed in a tax year cannot exceed the taxable income derived from the taxpayer’s active conduct of a trade or business. The amount deducted under Code Sec. 179 can offset the taxpayer’s income, but it cannot be used to create a loss. However, any amount that is not allowed as a deduction because of the taxable income limitation may be carried forward to succeeding tax years.“Eligible property” for Code Sec. 179 purposes is any tangible property that is Code Sec. 1245 property (generally machinery and equipment) depreciated under the MACRS rules of Code Sec. 168, regardless of its depreciation recovery period. In short, if you can depreciate it, the property would qualify for Sec. 179 treatment.“Eligible property” includes machinery and equipment; property contained in or attached to a building (other than structural components), such as milk tanks, automatic feeders, barn cleaners, and office equipment; livestock, including horses, cattle, hogs, sheep, goats, mink and other fur bearing animals; grain bins; single purpose livestock and horticultural structures; and agricultural fences and drainage tile. Both new and used property qualifies.The Code Sec. 179 deduction applies to the tax year when the eligible property is “placed in service.” This may be different than the date of purchase. Property is “placed in service” when it is ready and available for a specific use, even if the item is not being currently used. Warning: writing a check on the last day of the year to purchase new machinery or equipment does not automatically qualify that item to be deducted in that tax year. In addition to writing the check, the machinery or equipment must be ready and available to use in that tax year. This may be extremely important when taking on a long-term project, such as constructing a building.A Code Sec. 179 deduction is taken on tax form 4562. The taxpayer may elect to deduct the entire cost of the property (within limitations), none of the cost, or a portion of the cost of the item. Even though Code Sec. 179 provides for a “deduction,” taking the deduction reduces the basis in the property the same as if it was depreciated. A “recapture” of the deduction may be triggered if the item is later sold for more than its basis. Bonus first-year depreciation extended through 2019There was no Accelerated First-Year Depreciation (AFYD) for 2015 under the old law. Under the new law, Congress provided some future stability by providing for AFYD through 2019, albeit on a decreasing scale. Eligible taxpayers will be able to claim:1 A 50% bonus depreciation allowance for qualified property placed in service in 2015, 2016, and 2017;2 A 40% bonus depreciation allowance for qualified property placed in service in 2018; and3 A 30% bonus depreciation allowance for property placed in service in 2019.In general, property qualifies for the bonus depreciation allowance if it is property to which the modified accelerated cost recovery system (MACRS) rules apply with a recovery period of 20 years or less. This includes virtually all of the items used in agriculture. Unlike the Code Sec. 179 expense deduction, which applies to both new and used property, the bonus depreciation allowance applies to only new property. Its original use must commence with the taxpayer.The bonus depreciation allowance is also taken on tax form 4562. The basis of the property and the depreciation allowances in the year of purchase and later years are appropriately adjusted to reflect the additional first-year depreciation deduction. A taxpayer may elect out of additional first-year depreciation for any class of property (as opposed to an individual item) for any tax year. New rule for plants with long production periodsThe Act contains a special new rule for plants planted or grafted after Dec. 31, 2015 and before Jan. 1, 2020. Bonus depreciation is allowed for certain trees, vines, and plants bearing fruit or nuts when planted or grafted rather than when the plant reaches income-producing stage. Under the old law, for depreciation purposes, fruit-bearing or nut-bearing plants were deemed “placed in service” when they reached an income-producing stage. The “placed in service” rule was relaxed in the Act so that a fruit-bearing or nut-bearing plant is deemed “placed in service” when planted or grafted. Therefore, plants with a long pre-production period can qualify for the bonus depreciation allowance under the new law.A “specified plant” that qualifies is a plant, planted or grafted in the United States, that is: (1) any tree, vine, or plant that bears fruit or nuts; or (2) any other plant that will have more than one yield of fruits or nuts and generally has a pre-productive period of more than two years from the time of planting or grafting to the time that the plant bears fruit or nuts. Other extended provisions worth notingIn addition to the foregoing provisions, the PATH Act extended the following provisions, among others:A permanent extension of the general state and local sales tax deduction.A permanent extension of the $250 educator expense deduction.A permanent extension of the Credit for Increasing Research Activities (research credit).A permanent extension of the 15-year recovery period for qualified leasehold improvements, qualified restaurant property and qualified retail improvements.An extension of the tuition and fees deduction through 2016.An extension of the nonbusiness energy credit through 2016.An extension of mortgage insurance premiums paid or accrued as an itemized deduction through 2016.An extension of the qualified principal residence indebtedness exclusion for debt discharge income through 2016.
Break the Mold with Real-World Logistics AI and… Donal Power Related Posts For Self-Driving Systems, Infrastructure and In… IT Trends of the Future That Are Worth Paying A… Tags:#Chariot#driverless cars#Ford#IoT#self-driving cars#transport Ford announced it will plans to start testing its autonomous vehicles on European roads by next year as it ramps up its robot car strategy.According to Digital Trends the U.S. car manufacturing goliath is moving ahead with European testing as it pursues its ambitious strategy to introduce fully autonomous vehicles for ride-hailing by 2021.“It is important that we extend our testing to Europe,” said Ford of Europe’s manager for Automated Driving Thomas Lukaszewicz. “Rules of the road vary from country to country here, traffic signs and road layouts are different, and drivers are likely to share congested roads with cyclists.”Testing will begin at Ford’s Engineering Center in Essex, U.K. After this, trials will be expanded to its Germany-based Research & Advanced Engineering facilities in Cologne and Aachen.Ford indicated that the locations undertaking the testing were chosen because they are already familiarized with its self-driving technology.Ford already self-driving in USFord is already busy testing its autonomous car technology in the U.S. The ambitious testing regime is to enable Ford to meet its five-year target of rolling out autonomous cars for ride-hailing services.Ford hopes the European testing will allow the self-driving cars to be fully rolled out on the continent shortly after similar services are launched for consumers in America.In its road testing, the car-maker has used Ford Fusion Hybrid vehicles that are rigged up with a variety of cameras and sensors.Meanwhile, Ford recently made strategic moves to strengthen its capabilities in the autonomous vehicle space.It bought San Francisco-based ride-sharing shuttle service Chariot, which incorporated Ford Transit Connect vans to shuttle people around.Ford also announced it is bringing GoBike, the company’s bike-sharing service, to the San Francisco Bay Area. It plans to have 7,000 bikes in SF by the end of 2018. Users will also be able to rent their bike on the FordPass platform, launching next year. 5 Ways IoT can Help to Reduce Automatic Vehicle…
LOOK: Loisa Andalio, Ronnie Alonte unwind in Amanpulo for 3rd anniversary Top prospects mum on PBA Draft plans, keep options open Ayo actually expects a much-improved version of Mbala when the reigning MVP finally plays for the Archers. Mbala showed flashes of a more polished outside shot in Afrobasket.“When Ben comes in, he can play, the 5, 4, 3, or he can even play 2 depending on our schemes,” said Ayo. “We’ll find a way to put in Ben and in spots where he can be comfortable.”Mbala’s absence actually gave the likes of Abu Tratter, Santi Santillan and Justin Baltazar to flourish, while Aljun Melecio took over the offense, averaging 24.5 points in the first two games.ADVERTISEMENT LATEST STORIES Ben Mbala. Photo by Tristan Tamayo/INQUIRER.netAlready looking formidable in the first two games of its campaign, unbeaten La Salle gets another boost as reigning Most Valuable Player Ben Mbala suits up for the first time in UAAP Season 80 on Wednesday.Mbala, who missed the games against Far Eastern U and National U due to national team duties with Cameroon in Fiba Afrobasket, returns to the lineup as the Green Archers gun for their third straight win against the Adamson Falcons in the 4 p.m. game.ADVERTISEMENT Frontrow holds fun run to raise funds for young cancer patients Archers, Eagles favorites to win UAAP Season 80 PLAY LIST 02:36Archers, Eagles favorites to win UAAP Season 8000:50Trending Articles00:50Trending Articles01:37Protesters burn down Iran consulate in Najaf01:47Panelo casts doubts on Robredo’s drug war ‘discoveries’01:29Police teams find crossbows, bows in HK university01:35Panelo suggests discounted SEA Games tickets for students02:49Robredo: True leaders perform well despite having ‘uninspiring’ boss02:42PH underwater hockey team aims to make waves in SEA Games Don’t miss out on the latest news and information. Read Next Kammuri turning to super typhoon less likely but possible — Pagasa BSP sees higher prices in November, but expects stronger peso, low rice costs to put up fight National U clashes with University of Santo Tomas at 4 p.m. with the Tigers shooting for a first victory in three outings.The Bulldogs hope to return to winning ways after dropping a 110-115 decision to the Archers last Saturday in a game where rookie Josh Bartlett delivered 23 points in a losing effort.FEATURED STORIESSPORTSWATCH: Drones light up sky in final leg of SEA Games torch runSPORTSSEA Games: Philippines picks up 1st win in men’s water poloSPORTSMalditas save PH from shutoutBut the spotlight will be on Mbala and the rest of the Archers as they go up against an Adamson team which pulled off its first win of the season against UST, 88-81, last Saturday.“Maybe we’re on this level now, but when Ben plays, we will just raise our level with him,” said La Salle coach Aldin Ayo, after the Archers won a high-scoring affair over the Bulldogs. MOST READ Nonong Araneta re-elected as PFF president E.T. returns to earth, reunites with grown-up Elliott in new ad For the complete collegiate sports coverage including scores, schedules and stories, visit Inquirer Varsity. Fire hits houses in Mandaluyong City Brace for potentially devastating typhoon approaching PH – NDRRMC View comments
View comments Mauricio Mendez. Photo by Tristan Tamayo/ INQUIRER.netLAPU-LAPU CITY — Heads are sure to turn when Mauricio Mendez and Kim Kilgroe pass by.And one couldn’t be blamed, especially with their stunning looks.ADVERTISEMENT Trump strips away truth with hunky topless photo tweet LATEST STORIES “It’s going to be a good race. I’m just enjoying these stuff,” said Mendez.Kim Kilgroe. Photo by Tristan Tamayo/ INQUIRER.netKilgroe, meanwhile, wants nothing but to improve her standing after finishing 10th in the female elite division last year.“I just want to come away from this race a little faster, a little fitter and just give it everything I have,” she said.The Fil-Am beauty made her professional debut last year in Cebu, finishing the exhausting swim-bike-run course in 4:51:10.Given another crack at Ironman 70.3, Kilgroe wants to represent the country loud and proud against fancied counterparts in the race.ADVERTISEMENT Church, environmentalists ask DENR to revoke ECC of Quezon province coal plant But more than their pretty face, both Mendez and Kilgroe are killer triathletes and they are raring to make their mark in their respective fields in the 2017 Cobra Energy Drink Ironman 70.3 Philippines on Sunday here.Shifting from the grueling Xterra races to the equally endurance-testing Ironman 70.3, Mendez believes that there won’t be much of an adjustment for him as he joins a loaded field in the Cebu tilt.FEATURED STORIESSPORTSSEA Games: Biñan football stadium stands out in preparedness, completionSPORTSPrivate companies step in to help SEA Games hostingSPORTSWin or don’t eat: the Philippines’ poverty-driven, world-beating pool stars“I’ve been doing triathlon since I was 10 years old and I grew up doing this,” said the 2016 Xterra world champion. “There’s just excitement and motivation coming from it. It’s my true passion. What I love the most is combining all those kinds of things, the skills in off-roads and testing my endurance. It’s great.”But the 21-year-old Mexican runner couldn’t hide his excitement as he tests his mettle against some of the world’s best. Don’t miss out on the latest news and information. Robredo: True leaders perform well despite having ‘uninspiring’ boss PLAY LIST 02:49Robredo: True leaders perform well despite having ‘uninspiring’ boss02:42PH underwater hockey team aims to make waves in SEA Games01:44Philippines marks anniversary of massacre with calls for justice01:19Fire erupts in Barangay Tatalon in Quezon City01:07Trump talks impeachment while meeting NCAA athletes02:49World-class track facilities installed at NCC for SEA Games “I’m feeling good,” said the 27-year-old. “I’m excited to be back here racing with amazing athletes. I’m grateful to be with these kind of caliber athletes in racing, and I’m proud to represent my heritage. It’s an exciting weekend for me and I’m looking forward to it.” PH bet Torres chokes out Ishige for debut win in ONE DILG, PNP back suspension of classes during SEA Games MOST READ NGCP on security risk: Chinese just technical advisers National Coffee Research Development and Extension Center brews the 2nd National Coffee Education Congress Robredo should’ve resigned as drug czar after lack of trust issue – Panelo Lacson: SEA Games fund put in foundation like ‘Napoles case’ FEU Auditorium’s 70th year celebrated with FEU Theater Guild’s ‘The Dreamweavers’ Sports Related Videospowered by AdSparcRead Next
West Ham boss Pellegrini delighted with matchwinner Riceby Paul Vegas9 months agoSend to a friendShare the loveDeclan Rice proved West Ham’s matchwinner for victory over Arsenal on Saturday.The 19-year-old midfielder struck early in the second half to condemn Arsenal, who left Mesut Ozil out of their squad, to a fifth defeat of the season.Hammers boss Manuel Pellegrini said, “Declan Rice is improving in every game, maybe first of all I decided for him to be a midfielder because he can play as a centre-back too. After that, when he was giving solid performances in that position, we tried to help him play a little bit up. “Today you could see he played a lot of balls in front and not back, and he has a good shot, is good technically and is good on aerial duels so I think we are seeing a complete player. He is just 19 years old and I’m sure in the future he will be a top, top player.” About the authorPaul VegasShare the loveHave your say