2 ways to make money from the stock market: I think only 1 makes sense

first_img I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool. Kirsteen Mackay | Friday, 29th January, 2021 I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. Our 6 ‘Best Buys Now’ Shares 2 ways to make money from the stock market: I think only 1 makes sense Image source: Getty Images. Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! “This Stock Could Be Like Buying Amazon in 1997”center_img Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. There are many ways to make money from the stock market. Some are simple, some complicated, and all carry an element of risk. Usually the riskier the investment, the higher the potential reward. The power to invest a small sum and turn it into a fortune is at the heart of every investor’s dream, but without following a sensible plan, it’s easy to get burned in the markets.Jump on the ‘short squeeze’ bandwagon?Nowadays it’s easy for anyone to start buying and selling shares from their mobile phones. Traditional brokers offer digital wallets and modern brokers offer fee-free trading. It’s even possible to buy fractional shares. This makes the barrier to entry very low. That’s a liability for the uninformed.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…This week we’ve witnessed an uprising of the masses against the establishment. I think the story of US stock GameStop‘s share price rise has been endlessly entertaining. It involved a bunch of amateur investors squeezing out the hedge funds betting against the stock. And I think it will go down in the history books as a pivotal moment in investing. However, it’s also laid bare how volatile the markets are and how easy it is to get caught up in the fear of missing out (FOMO). This is a recipe for disaster, and for the ill-prepared can quickly spiral into major losses rather than impressive wins.Make money from the stock market, slowlyA tried and tested way I prefer to invest money in the stock market is the buy-and-hold method of value investing. This is the one that Warren Buffett advocates and other billionaire investors like him. In simple terms, it means buying an undervalued stock and holding it in my portfolio for several years. This gives the company time to grow, improve or strengthen and its share price with it.This past year has been challenging for many businesses globally as the pandemic has thrown multiple obstacles in their path. However, among the casualties will be survivors that not only scrape by but strengthen and expand. For investors who buy in when they’re struggling and support their comeback, the rewards can multiply to become significant gains. Success isn’t guaranteed of course, but that’s why research counts.Gambling vs investingThis isn’t a new scenario created by the pandemic. Businesses will always face challenges, but this is a period when division in the markets is clear. Some companies are thriving, with their share prices rocketing to levels perhaps unsustainable levels. Others have been battered. Not all these companies will live to tell the tale, so that’s where the importance of research and due diligence come in. As investors, it’s vital that we understand the companies we’re buying shares in. If I don’t look at a company’s financial outlook, competitive advantage, and future potential, then I’m simply gambling.There’s a fine line between gambling and some types of investing, but a buy-and-hold strategy when carried out with care isn’t gambling. It’s also proven to be a great way to build a substantial sum for the future. It’s my favourite way to invest, and the one I think makes the most sense for beginners too. Simply click below to discover how you can take advantage of this. Enter Your Email Address Kirsteen has no position in any of the shares mentioned. The Motley Fool UK has no position in any of the shares mentioned. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. See all posts by Kirsteen Mackaylast_img read more

First London Landmarks Half Marathon Breaks £4m target & two Guinness World Records

first_img  243 total views,  1 views today Tagged with: fundraising events London Melanie May | 26 March 2018 | News The first London Landmarks Half Marathon, organised by Tommy’s, took place yesterday (25 March), beating its £4m fundraising target and breaking two Guinness World Records.The London Landmarks Half Marathon saw close to 10,000 participants, beginning on Pall Mall and finishing on Whitehall near Downing Street, with over 40,000 spectators on the 13.1 mile route, and celebrity support including Amanda Holden and Jenni Falconer. Breaking the record for Fastest Father and Son Combined Time in a Half Marathon were Ben Green and his father Graham Green, who crossed the line in 1 hour 10 minutes and 57 seconds and 1 hour 13 minutes and 50 seconds respectively to win the event. Pardip Minhas from Hayes also set a new Guinness World Record, for Fastest Half Marathon in a Straitjacket with his run of 1 hour 43 minutes and 43 seconds.The event took in some of London’s most iconic landmarks such as Big Ben, St Paul’s Cathedral, Nelson’s Column, the Gherkin, the Shard, the Tower of London and the London Eye and also promoted some hidden highlights with an emphasis on historical and cultural facts and locations such as the creator of the Bowler Hat, Dr Johnson’s house, Postman’s Park, the Bow Bells and hidden Roman Baths.Photo credit: John Walton/PA WireThe event was created by Tommy’s to benefit more than 100 other charities, with all proceeds going to good causes including Prostate Cancer UK, Make-A-Wish UK, Cancer Research UK and Mind.A social and community engagement programme was an important part of the event delivery, with an emphasis on engaging with young people from London, while at least 200 volunteers helped deliver the event, of which 120 were young people from London. Roles included distributing medals and spectator information.There was also a specific focus on working with schools with LLHM Event Ambassadors chosen and trained to help visitors to understand more about London and the things they can see and visit, helping them learn about history, culture, speaking to new people and team work in the process.Lia Bowman, London Landmarks Half Marathon Race Director, said:“The first London Landmarks Half Marathon has been a huge success, I can’t thank everyone enough for their support. We’ve exceeded our fundraising target of £4,000,00 and expect more donations over the coming weeks. The participants loved the route we created for them and all the interesting points all the way around, the spectators enjoyed the activations and entertainment and the whole of central London seemed to have a buzz about it.”The 2019 event is already open for pre-registration.Main image: John Walton/PA Wire Advertisement About Melanie May Melanie May is a journalist and copywriter specialising in writing both for and about the charity and marketing services sectors since 2001. She can be reached via www.thepurplepim.com.center_img  244 total views,  2 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis33 First London Landmarks Half Marathon Breaks £4m target & two Guinness World Records AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis33last_img read more

Seed Consultants 5/30/2013 Market Closing with Gary Wilhelmi

first_img Facebook Twitter FinancialGDP estimate at 2.4% is a hair lightJobless claims 354,000 was up 10,000Nikkei falls another 5% for a total of 15% since last ThursdayDollar index 83.59 off 3WTI crude oil $92.67 down $ .46Gold up to $1403 or $12 higherWeaker Chinese data press Asian stocksDollar back over 101 YenEuropean stocks mixedUS stocks milling around in the preopening periodLivestockCattle $126 offered in the southChoice boxed up $1.00 to $209June cattle at a $5 premium to cash indicates short coveringPork cut out up $ .79 carcass with loins $3.08 higher, hams up $ .33 and bellies down $1.79Kills 126,000 and 426,000Pork trade 526 loadsGrain and soybeansCorn off 2-4 cents, beans down 8 and wheat also 8 lower6-10 day period called drierCorn planting in the home stretchSoybeans now the focus at 44 versus a 61% averageWet up north and fine everywhere elseWeekly export sales Friday SHARE SHARE FinancialDow sags back to 22 point gain, NASDAQ holds at 23 and S&P closed 6 higherWTI $93.62 up $ .49Gold rallies $21 to $1413Dollar down 64 at 83.02DAX ended up .8%Revised GDP was a little soft as were jobless claimsSince May 1, the Dow utilities have declined by 8% as the 10 year notes have risen 22%, and that is a normal actionLivestockAugust cattle down $.90 to$119.50July hogs put on $ .67 to close at $93.67Chinese buying of Smithfield a major pork entity helpedPork cutout was firm and trading volume goodIt is cook out season but choice teaks are awfully pricyGrain and soybeansNorth and west wetness6-10 day forecast generally drierCorn finishing plantings with some replantsSoybeans are now at center stageOregon GMO wheat issues has little market impactThe global wheat crop looks bountifulCorn and soybean production is on track for more than adequateWeekly exports are not expected to be motivational.Dollar fell 64 to 83.02 and the range has been 78.60 to 84.50 11:16 updateDow utilities at 488 and was high at 539 on May 110 year note yield at 2.12% up from 1.71 % recentlyUtilities are ultra sensitive to interest rate movementIndustrials holding up 72Ag markets have varied little9:56 updateDow off 13, S&P down 12 and NASDAQ up 8Dollar index falls to 83.28 off 38August cattle steady at $120.40July hogs up $ .50 at $93.50Smithfield sale to Chinese may boost pork exportsUnapproved GMO wheat in OregonJapanese will scrutinize PNW wheatHeavy rains in west and northChina routinely buys 120,000 tons of 13/14 beansGulf beans up 5 and corn steady2-3 million less corn acres due to wetness By Hoosier Ag Today – May 30, 2013 Home Indiana Agriculture News Seed Consultants 5/30/2013 Market Closing with Gary Wilhelmi Facebook Twitter Seed Consultants 5/30/2013 Market Closing with Gary Wilhelmi Previous articleWheat Industry issues Statement GM Wheat AnnouncementNext articleUSDA Projects New Ag Export Record Hoosier Ag Todaylast_img read more

Twenty14 Holdings signs on Accor to open the Pullman Downtown Dubai

first_img Twenty14 Holdings signs on Accor to open the Pullman Downtown Dubai Twitter WhatsApp Twitter Facebook By Digital AIM Web Support – February 21, 2021 Local NewsBusiness Pinterestcenter_img TAGS  Previous articleMedvedev recalls long-ago practice session with DjokovicNext articleRower Stone pursuing Olympics that delayed medical career Digital AIM Web Support WhatsApp Pinterest Facebook Twenty14 Holdings signs on Accor to open the Pullman Downtown Dubailast_img read more

RapidMiner Partners with Hivecell to Enable Real-Time AI at the Edge

first_img RapidMiner Partners with Hivecell to Enable Real-Time AI at the Edge Previous articleTekce Overseas: “Bitcoin Peaked, Profit Realized in Real Estate”Next articleHuman rights, COVID at issue 1 year before Beijing Olympics Digital AIM Web Support TAGS  Facebook Local News Twitter BOSTON–(BUSINESS WIRE)–Feb 3, 2021– RapidMiner, a data science platform enabling data loving people of all skill levels to rapidly create and operate enterprise artificial intelligence (AI) solutions for maximum business impact, today announced a partnership with Hivecell, the Edge-as-a-Service company, to allow users to rapidly create and operate models with streaming data from the edge. Hivecell is the premiere Platform-as-a-Service for edge computing, offering simple, scalable solutions that take the compute power out of the cloud and place it at the true edge. Edge computing solves the latency and delay problems that occur when organizations rely solely on the cloud, enabling businesses to deploy compute power to thousands of locations outside of data centers. Hivecell takes computer power to the next level with stackable units at edge sites that collect the data generated from Internet-connected devices and process it on-site, only sending relevant data back to the cloud. “There is a massive need for the ability to execute machine learning at the edge, especially under rugged conditions where it may be difficult to connect to central data centers or where comms costs are prohibitive,” said Fred Gedling VP of Corporate Development at RapidMiner. “Whether on a factory floor, at the point of sale, underground or at sea, intelligence at the true edge becomes real. By partnering with Hivecell, our users will now be able to use models built with the RapidMiner platform to enable AI-optimized decision-making wherever needed.” With this integration, the RapidMiner platform can be easily integrated into the Hivecell architecture, allowing Hivecell users to pool together data and build models centrally. These RapidMiner models are then pushed back out to the units at the edge for swift implementation and execution, guiding effective device- and location-specific decision making. Hivecell and RapidMiner together create a true Artificial Intelligence of Things (AIoT) edge solution. “Hivecell allows data scientists to store and crunch data on-premise and deploy that data instantly, with an ultimate goal of pushing computing to the true edge, which is wherever our users happen to be,” said Jeffrey Ricker, co-founder and CEO of Hivecell. “We’re excited to partner with RapidMiner so that our users can also run and execute machine learning models on-site, allowing them to make predictions and execute solutions swiftly without the need of a large technical team.” For businesses in environmentally intensive industries, AIoT solutions offer unique benefits to address the challenges of operating in such conditions:Lower operating costs: AIoT enables smarter, proactive repair of field and production equipment at lower risk with less production downtime.Reduced risk: Using AIoT to improve product quality and production processes reduces the risk of product failure and health, safety and environmental liabilities.Better customer experience: Greater reliability of products and service networks created by AIoT makes for a better customer experience and happier, more loyal customers.Increased revenue: Improving product design by using AIoT to understand usage, predict and prevent problems drives greater demand from the market and higher revenues. To learn more about RapidMiner and its partnership with Hivecell, visit rapidminer.com. About RapidMiner RapidMiner is reinventing enterprise AI so that anyone has the power to positively shape the future. We’re doing this by enabling data loving people of all skill levels across the enterprise to rapidly create and operate AI solutions for immediate business impact. We offer a full lifecycle platform that unifies data prep, machine learning, and model operations with a user experience that provides depth for data scientists and simplifies complex tasks for everyone else. The RapidMiner Center of Excellence methodology and the RapidMiner Academy ensures customers are successful, no matter their experience or resource levels. More than 40,000 organizations in over 150 countries rely on RapidMiner to increase revenue, cut costs, and reduce risk. Learn more here. About Hivecell Hivecell is the Edge-as-a-Service company redefining the category of edge computing with easy-to-deploy, future-proofed, technology agnostic solutions empowering companies to scale infinitely and save massive amounts of resources in their management and processing of big data. It takes compute power out of the data center and places it at the true edge, enabling companies to efficiently manage thousands of remote locations without the use of a huge IT team and at 50 percent of the cost of traditional cloud providers. To learn more visit, www.hivecell.com. View source version on businesswire.com:https://www.businesswire.com/news/home/20210203005627/en/ CONTACT: Media Contact: Cori Hays Matter Communications 971-361-9604 [email protected] KEYWORD: UNITED STATES NORTH AMERICA MASSACHUSETTS INDUSTRY KEYWORD: DATA MANAGEMENT CONSUMER ELECTRONICS TECHNOLOGY OTHER TECHNOLOGY MOBILE/WIRELESS SOFTWARE SOURCE: RapidMiner Copyright Business Wire 2021. PUB: 02/03/2021 10:05 AM/DISC: 02/03/2021 10:05 AM http://www.businesswire.com/news/home/20210203005627/en Facebookcenter_img By Digital AIM Web Support – March 4, 2021 WhatsApp Twitter Pinterest Pinterest WhatsApplast_img read more

‘Where Do We Draw The Line?’: SC Dismisses Plea By Women Officers Completing 14 years In Service After Cut-Off Date For Extension Of Commission

first_imgTop Stories’Where Do We Draw The Line?’: SC Dismisses Plea By Women Officers Completing 14 years In Service After Cut-Off Date For Extension Of Commission Sanya Talwar3 Sep 2020 12:38 AMShare This – xThe Supreme Court on Thursday dismissed a plea filed by women officers who completed 14 years in service after the cut-off date applicable in the judgment dated February 17 directing that Permanent Commission should be granted to women in army regardless of their service, in all the ten streams.A bench of Justices DY Chandrachud, KM Joseph & Indu Malhotra observed that to allow the…Your free access to Live Law has expiredTo read the article, get a premium account.Your Subscription Supports Independent JournalismSubscription starts from ₹ 599+GST (For 6 Months)View PlansPremium account gives you:Unlimited access to Live Law Archives, Weekly/Monthly Digest, Exclusive Notifications, Comments.Reading experience of Ad Free Version, Petition Copies, Judgement/Order Copies.Subscribe NowAlready a subscriber?LoginThe Supreme Court on Thursday dismissed a plea filed by women officers who completed 14 years in service after the cut-off date applicable in the judgment dated February 17 directing that Permanent Commission should be granted to women in army regardless of their service, in all the ten streams.A bench of Justices DY Chandrachud, KM Joseph & Indu Malhotra observed that to allow the plea for a batch of officers who had completed 14 years in March 2020 for acquiring eligibility to avail permanent commission and other benefits would have serious implications.”It will have serious implications. Every batch will be completing 14 years. Our Judgment said those who had completed 14 years of service as on the date of the judgment will get pension and Permanent Commission benefits. The cut off is the date of the Judgment. If we modify it we will have to modify for successive batches,” the bench remarked.Senior Advocate Meenakshi Lekhi who appeared for the officers argued the SC judgement came on 17 Feb. These women officers completed 14 years in March. They should get the benefit because government started implementing the orders only in July.Adv. Col. Balasubramaniam who appeared for the Defence Ministry opposed this prayer. “On July 16, when government passed the orders relating to Permanent Commission, all those who had completed 14 years in service as on 17 February will get pension. If you allow open ended then it will become unimplementable for the government. Every six months a batch gets commission. We cannot allowed them to get benefit like this,” he added.While dismissing the plea, Justice Chandrachud observed that even though it is difficult to address these matters as they are with respect to service of the nation, there is a need to draw the line.”This plea effectively amounts to a review of the 17 Feb judgement. We are not inclined to allow the application” – Supreme CourtIt is significant to note that the Army had set August 31 as the deadline for short-service commissioned (SSC) women officers to submit their applications for permanent commission.The Army had set the deadline after the Centre on July 23, issued a formal sanction for granting the permanent commission following the verdict delivered by the apex court on February 17 in this regard.On February 2020, the top court had upheld the Delhi High Court order on giving command positions to women officers and had criticised the Centre for failing to implement the judgment of the Delhi HC which had held that women SSC officers should be granted permanent Commission at par with male counterparts.The Court also held that absolute exclusion of women from command assignments is against Article 14 of the Constitution and unjustified. Therefore, the policy that women will be given only “staff appointments” was held to be unenforceable by the Court.Reading out the judgment, Justice D Y Chandrachud slammed the arguments made by the Centre in their written notes which had cited the physiological features and domestic obligations of women as reasons for denying them command appointments.The bench observed that these arguments perpetuate “gender stereotypes”.The Court had added that change of mindset is required on part of government to put to end gender discrimination in armed force.The SC had also criticised the 2019 policy formulated by the Ministry of Defence, whereby permanent commission was allowed in certain fields to certain classes of women based on their years of service. This policy had excluded women officers who had put in more than 14 years of service. Subscribe to LiveLaw, enjoy Ad free version and other unlimited features, just INR 599 Click here to Subscribe. All payment options available.loading….Next Storylast_img read more

A meeting framework for inclusive and sustainable science

first_imgThe ABCD conference format (All continents, Balanced gender, low Carbon transport, Diverse backgrounds) mixes live-streamed and pre-recorded talks with in-person ones to reflect a diverse range of viewpoints and reduce the environmental footprint of meetings while also lowering barriers to inclusiveness.last_img

Budget Fight Could Mean Smaller Fleet of U.S. Navy Submarines

first_imgBack to overview,Home naval-today Budget Fight Could Mean Smaller Fleet of U.S. Navy Submarines Budget Fight Could Mean Smaller Fleet of U.S. Navy Submarines View post tag: could March 21, 2011 View post tag: mean View post tag: Smaller View post tag: News by topic View post tag: U.S. View post tag: fight View post tag: Naval View post tag: Submarines View post tag: Navy Authorities The aging attack submarines built during the Cold War are retiring faster than new submarines are being built to take their place…By Jennifer McDermott (theday)[mappress]Source: theday,March 21, 2011; View post tag: budget View post tag: fleet Share this articlelast_img read more

Sikorsky Signs Contract for UAE Aircrafts

first_img View post tag: For Sikorsky Signs Contract for UAE Aircrafts View post tag: contract October 12, 2011 Sikorsky Aircraft Corp., Stratford, Conn., was awarded a $38,268,248 firm-fixed-price contract. The award will provide for the modification of an existing contract to procure 14 aircraft for the United Arab Emirates.Work will be performed in Stratford, Conn., with an estimated completion date of Dec. 31, 2012. One bid was solicited, with one bid received. The U.S. Army Contracting Command, Redstone Arsenal, Ala., is the contracting activity (W58RGZ-08-C-0003).Sikorsky Aircraft Corporation is a world leader in the design, manufacture and service of military and commercial helicopters; fixed-wing aircraft; spare parts and maintenance, repair and overhaul services for helicopters and fixed-wing aircraft; and civil helicopter operations.[mappress]Source: defense, October 12, 2011; Image: sikorsky Share this article View post tag: Signs View post tag: Navy View post tag: Aircrafts View post tag: Naval View post tag: News by topic View post tag: UAE View post tag: Sikorsky Industry news Back to overview,Home naval-today Sikorsky Signs Contract for UAE Aircrafts last_img read more

US Navy Ships Commemorate Flag Day

first_img View post tag: US View post tag: Naval Back to overview,Home naval-today US Navy Ships Commemorate Flag Day View post tag: ships June 15, 2012 US Navy Ships Commemorate Flag Day View post tag: Navy View post tag: Flagcenter_img Ten Navy ships, including USS Fort McHenry, are commemorating Flag Day today at the site of the historic battle that inspired the national anthem.Sailors, Marines and Coast Guardsmen will take part in Flag Day events at Fort McHenry, the star-shaped fortress that endured what’s become one of the most remembered engagements of the war.On the night of Sept. 13, 1814, British ships in Baltimore harbor bombarded the outgunned U.S. resistance at the fort for 25 solid hours. Francis Scott Key, a civilian lawyer who was sent to Baltimore to negotiate an American hostage’s release, found himself in a front-row seat to the battle aboard a British ship.As dawn broke the following morning, Key stood on the ship’s deck, amazed to see the U.S. flag still flapping in the breezes over the battered fort. He was so moved that he penned the poem that became the lyrics of the national anthem.The Navy ships in Baltimore are part of a flotilla making its way up the Eastern Seaboard to mark the bicentennial of the war that historians say marked the dawn of U.S. naval power.Eighteen tall ships, including the U.S. Coast Guard Cutter Eagle, and navy vessels from Brazil, Canada, Colombia, Denmark, Ecuador, Germany, Indonesia, Japan, Mexico and Norway are accompanying the Navy gray hulls in the “Star Spangled Sailabration.”The flotilla spent 12 days in Norfolk before arriving today in Baltimore for a week of activities including a tall ship parade, an air show by the Navy’s Blue Angels flight demonstration squadron, fireworks and a parachute jump into Camden Yards.The festivities, co-sponsored by Operation Sail Inc., are part of a lineup of bicentennial commemorations that kicked off in April in New Orleans and will continue through 2015. Organizers hope to engage the public with educational events and programs across the South, the Mid-Atlantic and Great Lakes regions and into Canada to highlight America’s maritime heritage and the War of 1812.Beyond the Battle of Fort McHenry, many Americans have little understanding of what’s been called America’s first forgotten war.The War of 1812 centered on maritime disputes between the United States and Great Britain. In the early 1800s, the Royal Navy, which was at war with France, was stopping American ships to search for sailors born in England, then forcibly pressing them into service for the crown. Both the French and English began seizing American ships, and later imposed an embargo on American vessels going to Europe that nearly bankrupted the industry. President James Madison ultimately declared war against England in 1812.Among the most remembered events was the burning of the White House, the Capitol and the Washington Navy Yard. Dolly Madison, alone with her servants when British troops torched the White House, personally saved the famous Gilbert Stuart portrait of George Washington by carting it off in a wagon to Georgetown. Army Gen. Andrew Jackson became a national hero as he led the Battle of New Orleans, ending Britain’s long string of land victories.But with naval battles in North America, off South America and Great Britain, and in the Pacific and Indian oceans, the War of 1812 was predominantly a sea campaign. It served as a defining moment for the fledging U.S. Navy, which fought the British as they tried to blockade the Atlantic coast and support land forces from Lake Erie and Lake Champlain, leading to the birth of America’s modern sea services. “The War of 1812 is significant because it paved the way for future development of the U.S. Navy,” said U.S. Naval War College Professor Kevin McCranie, author of the soon-to-be-released book, “Utmost Gallantry: The U.S. and Royal Navies at Sea in the War of 1812.”“Challenging the most dominant naval power of the time, the less powerful U.S. Navy found ways to protract the war and incurred significant costs for Great Britain,” he said. “That’s why the War of 1812 is important for national leaders to study.”The war also helped establish the Navy’s legacy of heroes. Oliver Hazard Perry, who had been dispatched from Newport, R.I., constructed ships on the shores of Lake Erie that went on to defeat a large British armada assembled there. Capt. James Lawrence, aboard the U.S. frigate Chesapeake as it was taken by HMS Shannon, uttered as his last words, the famous battle cry, “Don’t give up the ship.”Navy Secretary Ray Mabus, who announced the bicentennial celebration last year, said the activities will recognize the men and women who continue to carry on this tradition. He called the bicentennial an opportunity to celebrate the U.S. Navy’s heritage and its continued commitment to securing unobstructed access and free use of the world’s oceans that are vital to national security and prosperity.“This ‘second war of independence,’ fought 200 years ago, established U.S. sea power as a force in the world, and our continuing presence in the great blue and beyond,” he said. “As we commemorate Old Glory and the War of 1812, we ought to remember the delicate weaving of history that has brought America to this place of great influence and greater responsibility.”Event organizers also call it a way to underscore the importance of a strong international goodwill. William Armstrong Jr., from Operation Sail pointed out that the three combatants in the conflict have become close allies.The United States and Canada share the longest unprotected national boundary in the world, he noted during the May Parade of Sail event in Norfolk. Meanwhile, the United States and Great Britain have become not only trading partners, but also military and political allies.[mappress]Naval Today Staff , June 15, 2012; Image: US Navy View post tag: Commemorate View post tag: News by topic View post tag: day Training & Education Share this articlelast_img read more