Credit supply constraints and financial policies of listed companies during the 2007–2009 financial crisis

This study examines the effects of lending constraints on the financial policies of UK publicly listed companies during the 2007–2009 financial crisis. Using a sample of 2039 publicly listed firms, the results of our analysis indicate that financial policies of firms are sensitive to variations in the supply of external finance and credit, suggesting that liquidity-constraint firms with low cash reserves suffered more at the time of the credit crunch. While managing through the potential negative effects of the financial crisis, majority of the sample companies increased the use of internal finance and deferred the payments of dividends which helped them apply effective financial policies during the crisis period. The findings of this study also document that during the crisis period, financial policies of firms were exposed to variations in the supply of finance and credit, which, by implication, posed a threat to their operations, sustainability and growth. Our findings produce awareness about the negative effects of the non-availability of external finance and credit supply to listed companies, and signify the role of different financing channels and credit system in the operations and growth of listed companies. These findings have implications for financial regulation and policy making in the UK

Association of ACE and NOS3 Gene Polymorphisms with Blood Pressure in a Case Control Study of Coronary Artery Disease in Punjab, Pakistan

Single nucleotide polymorphisms (SNPs), ACE rs4341 and NOS3 rs1799983 have been reported to be associated with coronary artery disease (CAD) and blood pressure (BP)in many but not all studies. We aimed to investigate the effect of these SNPs on BP and CAD in people from Punjab, Pakistan. A total of 650 subjects (430 CAD cases and 220 controls) were genotyped by TaqMan/KASPar allelic discrimination technique. Two BP measurements were reordered and their mean was calculated. The results showed that the risk allele frequencies (RAFs) of both SNPs were higher in cases than controls but the difference was not statistically significant. For rs4341, RAF in cases and controls was 0.577 vs. 0.525, p = 0.08 and for rs1799983, the RAF was 0.202 vs. 0.178, p = 0.31. The SNPs were not associated with CAD. The CAD odds ratio of rs4341 (1.22,0.97-1.53, p = 0.09) and that of rs1799983 (1.15, 0.86-1.54, p=0.33) was not statistically significant. Mean systolic blood pressure (SBP) and diastolic blood pressure (DBP) were significantly higher in cases than controls (p<0.05) and the SNPs showed a significant association with BP. Each risk allele of rs4341 (G) increased SBP by 10.04±0.8 mmHg and DBP by 2.5±0.6mmHg, while risk allele of rs1799983 (T), increased SBP and DBP by 16.4±0.9mmHg and 8.8±0.6mmHg respectively, all were statistically significant (p<0.05). When a combined effect of genotypes of both SNPs was examined, a significant effect on CAD outcome (p=0.01) was observed when GG of rs4341 and GT of rs1799983 co-existed. Similarly, maximum elevation in BP was observed when risk alleles of both SNPs in homozygous form (GG and TT) appeared together. In conclusion, the SNPs were not independently associated with CAD but were associated with BP in Pakistani subjects under study and may be causing CAD by modulating BP

Protoplast transformation as a potential platform for exploring gene function in Verticillium dahliae

Position of siRNAs along the Vta2 gene of V. dahliae. The position of different siRNAs designed to target this gene is shown in this figure. Sequence underlined with different colors shows different siRNAs. (JPG 7797 kb

Common variants in the genes of triglyceride and HDL-C metabolism lack association with coronary artery disease in the Pakistani subjects.

BACKGROUND: Serum Triglyceride (TG) and High Density Lipoprotein (HDL-C) levels are modifiable coronary artery disease (CAD) risk factors. Polymorphisms in the genes regulating TG and HDL-C levels contribute to the development of CAD. The objective of the current study was to investigate the effect of four such single nucleotide polymorphism (SNPs) in the genes for Lipoprotein Lipase (LPL) (rs328, rs1801177), Apolipoprotein A5 (APOA5) (rs66279) and Cholesteryl ester transfer protein (CETP) (rs708272) on HDL-C and TG levels and to examine the association of these SNPs with CAD risk. METHODS: A total of 640 subjects (415 cases, 225 controls) were enrolled in the study. The SNPs were genotyped by KASPar allelic discrimination technique. Serum HDL-C and TG were determined by spectrophotometric methods. RESULTS: The population under study was in Hardy Weinberg equilibrium and minor allele of SNP rs1801177 was completely absent in the studied subjects. The SNPs were association with TG and HDL-C levels was checked through regression analysis. For rs328, the effect size of each risk allele on TG and HDL-C (mmol/l) was 0.16(0.08) and -0.11(0.05) respectively. Similarly, the effect size of rs662799 for TG and HDL-C was 0.12(0.06) and -0.13(0.0.3) and that of rs708272 was 0.08(0.04) and 0.1(0.03) respectively. The risk allele frequencies of the SNPs were higher in cases than controls, but the difference was not significant (p > 0.05) and SNPs were not associated with CAD risk (p > 0.05). The combined gene score of four SNPs significantly raised TG and lowered HDL-C but did not increase CAD risk. CONCLUSION: The studied SNPs were associated with TG and HDL-C levels, but not with CAD in Pakistani population under study

Formulation and Evaluation of Tramadol HCl Matrix Tablets Using Carbopol 974P and 934 as Rate-Controlling Agents

Purpose: To formulate and prepare controlled release (CR) matrix tablets of tramadol HCl using Carbopol 974P and 934 polymers as rate-controlling agents.Methods: The tablets were prepared by direct compression method using various drug to polymer (D:P) ratios. Co-excipients, including carboxymethylcellulose, starch and/or hydroxypropyl methylcellulosewere also used to modulate the formulations. Various physical tests and in vitro dissolution studies were carried out on the formulations. The dissolution data were subjected to various release modelsResults: As the concentration of the polymer (rate-controlling agent) increased, dissolution rate decreased, For the formulation containing Carbopol 974P at D:P ratio of 10:7, drug release decreased to 83 % compared with the release rate of 99 % for the formulation with D:P ratio of 10:3. Kinetic analysis indicates that drug release mechanism was anomalous non-Fickian diffusion.Conclusion: Both Carbopol 974P and 934 can be used as rate-controlling agents in the formulation of tramadol HCl CR tablets. Appropriate selection of drug/polymer ratio can be applied effectively to modulate the dissolution rate of the drug.Keywords: Tramadol, Carbopol, Carboxymethylcellulose (CMC), Hydroxypropyl methylcellulose, Controlled releas

Study on the active medium coated cylindrical nano particle antenna

© 2016 IEEE. The gain medium coated cylindrical nano particle is presented, in which the core is filled by Ag and obey Drude model, the shell is the gain medium, which was silica doped with rare earth (erbium Er3+) ions, and it obeys the Lorentz model for the relative permittivity. In the optical plane wave, we compared the silver coated gain medium cylindrical nano particle and the gain medium coated Ag cylindrical nano particle, both show strong radiation performance

Effect of SORT1, APOB and APOE polymorphisms on LDL-C and coronary heart disease in Pakistani subjects and their comparison with Northwick Park Heart Study II

BACKGROUND: Many SNPs have been identified in genes regulating LDL-C metabolism, but whether their influence is similar in subjects from different ethnicities is unclear. Effect of 4 such SNPs on LDL-C and coronary heart disease (CHD) was examined in Pakistani subjects and was compared with middle aged UK men from Northwick Park Heart Study II (NPHSII). METHODS: One thousand nine hundred sixty-five (1770 non CHD, 195 CHD) UK and 623 (219 non CHD, 404 CHD) Pakistani subjects were enrolled in the study. The SNPs SORT1 rs646776, APOB rs1042031 and APOE rs429358, rs7412 were genotyped by TaqMan/KASPar technique and their gene score was calculated. LDL-C was calculated by Friedewald equation, results were analyzed using SPSS. RESULTS: Allele frequencies were significantly different (p = <0.05) between UK and Pakistani subjects. However, the SNPs were associated with LDL-C in both groups. In UK non CHD, UK CHD, Pakistani non CHD and Pakistani CHD respectively, for rs646776, per risk allele increase in LDL-C(mmol/l) was 0.18(0.04), 0.06(0.11), 0.15(0.04) and 0.27(0.06) respectively. For rs1042031, per risk allele increase in LDL-C in four groups was 0.11(0.04), 0.04(0.14), 0.15(0.06) and 0.25(0.09) respectively. For APOE genotypes, compared to Ɛ3, each Ɛ2 decreased LDL-C by 0.11(0.06), 0.07(0.15), 0.20(0.08) and 0.38(0.09), while each Ɛ4 increased LDL-C by 0.43(0.06), 0.39(0.21), 0.19(0.11) and 0.39(0.14) respectively. Overall gene score explained a considerable proportion of sample variance in four groups (3.8 %, 1.26 % 13.7 % and 12.3 %). Gene score in both non-CHD groups was significantly lower than CHD subjects. CONCLUSIONS: The SNPs show a dose response association with LDL-C levels and risk of CHD in both populations

Analysis of landslide movements using interferometric synthetic aperture radar: A case study in Hunza-Nagar Valley, Pakistan

From a geological standpoint, northern Pakistan is one of the most active and unstable areas in the world. As a consequence, many massive landslides have occurred in the area in historical times that have destroyed infrastructure, blocked the Hunza River, and damaged the Karakoram Highway repeatedly. However, despite the high frequency of large magnitude landslide events, and the consequent damages, the entire area is largely understudied, mainly due to the difficult logistics and the large distances involved. This work is aimed at applying the potential use of Interferometric Synthetic Aperture Radar (InSAR) for landslide identification and investigation for the Hunza-Nagar Region. Sentinel-1 images covering a period of more than two years (February 2017-August 2019) were used and processed by adopting the small baseline subset (SBAS) method. The obtained deformation rate measured along the line of sight (VLOS) varies from -114 to 20 mm/year. The downslope velocity deformation rates (Vslope) range from 0 to -300 mm/year. The Vslope stability threshold for our study area was calculated to be -14 mm/year from the Vslope standard deviation. Four active landslides with Vslope exceeding 14 mm/year were recognizable and have been confirmed by field inspection. The identified landslides listed from the most active to least active are the Humarri, Mayoon, Khai, and Ghulmet landslides, respectively. VLOS exceeding 114 mm/year was observed in the Humarri landslide, which posed a threat of damming a lake on the Hispar River and was also a risk to the Humarri Village located below the landslide. The maximum mean deformation detected in the Ghulmet, andMayoon landslide was in the order of 30 mm/year and 20 mm/year, respectively. More importantly, it was found that in places, the slope deformation time series showed a patchy correlation with precipitation and seismic events in the area. This may indicate a complex, and possibly uncoupled, relationship between the two controlling agents promoting the deformation. However, the collective impact of the two factors is evident in the form of a continuously descending deformation curve and clearly indicates the ground distortion. The results indicate a potentially critical situation related to the high deformation rates measured at the Humarri landslide. On this specific slope, conditions leading to a possible catastrophic failure cannot be ruled out and should be a priority for the application of mitigation measures

Evaluation of micronutrients level and antinociceptive property of Eremostachys laciniata (L) Bunge

Eremostachys laciniata (Lamiaceae) a rich source of structurally different flavonoids is ignored for its micronutrients level and many biological activities. In this study, the plant was investigated for different micronutrients including, phosphorus (P), nitrogen (N), boron (B), zinc (Zn) and manganese (Mn) and compared with adequate level of micronutrients for orchid crops. The crude methanol extract and different fractions of E. laciniata were also investigated for in vivo antinociceptive activity using Tailflick model. Except for boron, all other micronutrients investigated were well in the limits recommended for orchid crops. Crude extract and different fraction thereof showed excellent increase in latency time along with certain central effect of causing sedation, ataxia and hind limb extension. This increase in latency time is not only due to analgesia but may be a combined effect of sedation, ataxia and analgesia. The plant may be a useful source in future for the isolation of natural product with analgesic propert

Success of Aquaculture Industry with New Insights of Using Insects as Feed: A Review

Most of world's fish and seafood are produced by aquaculture, which is one of the biggest contributors to the world's food security. The substantial increase in prices of conventional feed ingredients and the over-exploitation of natural resources are some of the biggest constraints to aquaculture production. To overcome this stress, different approaches and techniques are used, among which the use of non-conventional feed ingredients in the aquaculture sector is the most recent approach. Different non-conventional feed ingredients such as plant-based products, algae (both micro and macroalgae), single-cell protein (bacteria and yeast), and insect meal are currently used in aquaculture for sustainable food production. Amongst all these novel ingredients, insects have greater potential to replace fishmeal. The existence of about 1.3 billion tons of food and agriculture waste from the food chain supply poses a serious environmental threat. Insects are tiny creatures that can thrive on organic waste and thus can convert the waste to wealth by the bioconversion and nutritional upcycling of organic waste. Insects have the potential to recover nutrients from waste aquaculture products, and many fish species feed on insects naturally. Therefore, employing insects in the aquaculture sector to replace fishmeal is an eco-friendly approach. The present review briefly highlights emerging non-conventional feed ingredients, with special attention given to insects. The current review also focuses on the nutritional value of insects, factors affecting the nutritional value of insects, potential insects that can be employed in the aquaculture sector, the physiological response of fish when fed with insect meal, techno-functional properties of insect meal, and emerging approaches for addressing possible downsides of employing insect meal in fish diets. Finally, it suggests avenues for further research into these inventive fishmeal replacements