Hello and let's talk about Yes Bank. The government has moved to put a cap on withdrawals from the bank for the next month and is looking at a major restructuring plan. However, is this too little and too late? As the people of the country watch the crisis unfolding with apprehension, many key questions remain. How did the government allow this crisis to escalate to this level? Where did the bank make mistakes and how was this slide not stopped earlier? We will discuss all these points but before that, here are some basic facts about the crisis. As we mentioned earlier, the RBI has stepped in to supersede the board of the Yes Bank. This is a very, very rare move in the history of banking in India. The RBI has also imposed a moratorium on withdrawals for the next one month. People can only withdraw up to Rs. 50,000 from their own accounts in Yes Bank over the next month, that's until April 3rd. Rather belatedly, the banking regulator has also acknowledged that Yes Bank has undergone a steady decline. The RBI yesterday imposed a lockdown after the bank failed to master investors. Yes Bank's management had claimed that Microsoft, a Canadian Lumber Tycoon or Cerebrus Capital, one or more of these would invest fresh funds into the bank but nothing of this is materialized. Now an administration administrator has taken over the bank's management and Yes Bank is set for either a merger or a takeover. The burden would be passed on to possibly a consortium of LIC and SBI which is the biggest lender. The shares of Yes Bank tanked on the indices on Friday, losing more than half their market value. As of now, there is no real plan in sight for the bank from the government, though it has said that it is drawing up a plan of action. The NPAs that is the non-performing assets of Yes Bank have been steadily climbing reaching Rs. 3,277 crores in 2018-19. It has a Rs. 2.09 lakh crore deposit book as of the end of September 2019. Earlier in the day, Pragya from NewsClick spoke to senior journalist Paranjoy Guha Thakurtha on this crisis and the reasons for it as well as how it might unfold. Here is what he had to say. Paranjoy, what is the reason for the sudden lockdown on Yes Bank and what happens to the people who've got deposits there? What happens to the plan that Yes Bank had talked about of having all these investors who are going to come in and pump the bank up? What's going on? Pragya, the crisis in Yes Bank was coming. A lot of people, a lot of financial analysts could sense that a crisis was brewing.  He described that internally within the bank, it was like a shake period tragedy where the promoters were fighting each other. Now what happened is from there, analysts like and Hemindra Hazari said that there was something terribly wrong with the bank. It had loaned monies to large numbers of companies and conglomerates including India and many others and many of these loans had become non-performing assets. Now the Central Bank and Banking Regulator, it literally forced the promoter Mr. Rana to quit. He literally was told you go. But the crisis wasn't stemmed. Today we have a situation where the Reserve Bank of India in order to prevent a deep crisis, a systemic crisis because after all it is a large private sector bank. Among the largest private sector banks, and a bank like this collapses, it sends shockwaves right through the economy, which has already happened. The stock market collapsed, the stock prices have collapsed, and even the stock market indices have collapsed. Now what happens is after the experience of the PMC, the Punjab and Mahatma Chowkorn to the bank, the Reserve Bank has realized that it better get its act together. So it's given itself a month and try and ensure that the bank survives. There is a talk that the Life Insurance Corporation India would pump money to save the bank. Now we need to look at it from the point of view of the depositors. Already there are news reports that the depositors have been lining up, queuing up outside the automatic tele-machines and what the Reserve Bank of India has done. In the case of the PMC, it said you can't withdraw more than 10,000 rupees in a month. In the case of the Yes Bank, they are saying you can't withdraw more than 50,000 rupees in a month, that is to be heard about irrespective of what amount of money you may have in your account. This is to prevent the crisis from becoming deeper. It's extremely sad that the banking regulator ignored the warning signals and allowed the situation to deteriorate to a point where you had to take these kind of crisis measures. And it's also sad that much of the mainstream media didn't report on this. Yes Bank has been a major advertiser in the past and has been a major sponsor of events in the past. So including events by some of the largest financial publications, publications and functions where you see the top brass of the country from the prime minister to the finance minister, everybody comes. So you know the next crisis that the PMC has prevented much of the population of this country including those who have their hard earned money and savings in Yes Bank from realizing how deep the crisis was, how serious the crisis was. Now the government says that they will solve the problem in about a month, that the lockdown will continue only for about a month and that the administrator, the government will come up with a plan. Is there any site of this revival plan on paper so far? We're also up in money. So this is right now speculation talk, nothing in writing. In fact, very recently when the authorities of Yes Bank asked whether it's correct or not, they said in a filing to the stock exchange authority that you know nothing has official yet, nothing on paper. So the point I repeat my point, this is a huge crisis and we see this as a continuation of a series of crises in the financial sector. We saw it in the non-bank financial company, we saw it in the ILL and FES in the structure of the Indian Financial Services Group, we saw it in the demand of the finance sector. We saw it in the cooperative bank sector like the PMC and now it's also become regretfully, this is a crisis now which has hit Yes Bank which is a schedule commercial bank and a large bank in the private sector. Thanks, thanks a lot, but enjoy. Thanks for that. Let me put you in touch with Mr. E. Patecharya, he is a financial journalist with a full-time editor of Business Standard newspaper and he's right now also the editorial director of Business Standard and he's with us, we're here tonight and he can explain to you several things about the financial sector, what is the solution to this crisis in the banks. So let me put you on to Mr. Patecharya. Thank you. Namaste. Namaste. So first of all, this is the question that comes to mind, what will happen to the depositors whose account is said to be over 50,000 rupees, you can't get more than that in a month and secondly, because we don't know our connection until when it will go on, the second question is what will you say about the economy, that there is a problem in the cooperative sector, there is a problem in housing, there is an infrastructure-financing problem and now this is a banking, another bank is collapsing. So these are the two things. So what will happen to your first question of the depositors, we are going to discuss two things at this time. The first is that the 50,000 deposit with the role of the medium is very good, it is a very good situation, but you will be disappointed that the government has changed the law and every deposit that is 500,000 rupees from 1 lakh to 500,000 rupees is still there. So if you believe that this bank has some effect, if it happens that the bank's deposit will be completely destroyed by the bank's development, then I feel that every depositor will be at least as serious as the deposit of 500,000 rupees, their insurance is still in the system. But this is the second question. The first question is that the money from 500,000 rupees can be brought from there. This is a matter of tension, it is a matter of concern, but I think the second question is that our country has two difficulties. The first is that the regulation of the banking sector has been very difficult in the last few years. Because if we believe that the banking sector has a lot of internal governance and the regulation of the entire banking sector and the regulation of the stock market, the question is that who is the biggest bank with a listed company, so what are the steps that need to be taken, what are the steps that need to be taken, what are the steps that need to be taken We also had in that video veteran financial journalist A.K. Bhattacharya who was speaking to us. As is clear, this crisis is not new, it was in the making for quite some time. In fact, some months ago we spoke to independent market analyst Hemendra Hazari on the origins of the crisis and he explained what happened and what would this lead to. Let's see what he had to say. In Yes Bank and why you describe what has happened in the recent past in the bank as a grim Shakespearean tragedy, a tragedy where you quote Claudius and Hamlet saying when sorrows come they come not single spies but in battalions and you say he might as well have been speaking about the woes of the shareholders of Yes Bank and if you can summarize why there's been this upheaval that has happened at the top of Yes Bank and its board of directors, if you can succinctly summarize recent developments. You see this happened really a year ago when RBI came out with a disclosure for all banks that for the year ending FY I think 2017 banks had to disclose where there was divergence from what their published accounts audited accounts were reporting and what the RBI inspection had found and if it exceeded 15 percent of the RBI's estimates of NPAs or of net profits what the bank that is a non-performing assets of the bank. That's unpaid loans. Correct which are not being paid back. Stressed financial assets. Yes please go on. So if it was no the stress financial assets would normally include restructuring also but this does not include that. So if the RBI inspectors found from their calculations that the gross NPAs exceeded 15 percent of what the NPAs reported by the bank they would have to disclose it. If the profits were 15 percent lower than what they had reported then they had to disclose it. Now here was the first instance that the public and analysts would come to know whether the banks were actually fudging their account. This is evidence of fudging. Now it was found in Yes Bank that for two successive years for I think FY 16 and FY 17 the bank had reported divergence. Now this is very critical because the market valuation of the banks which are listed on the stock exchange is determined by the profits and the NPAs that they report. So if you are suppressing that number you are actually distorting valuation and market pricing. You are also the senior management salary performance is all linked to these numbers. So you're distorting senior management compensation. So to me it is a very big for par that you have been pulled up by the banking regulator for cooking your books. And in my opinion if a bank reports it once it is absolutely shameful. If it reports it in two consecutive years the CEO the chief financial officer the head of the audit committee of the board and the auditor must be immediately replaced. And our next story is about Nishu which is on everyone's mind these days the novel coronavirus. The number of cases in India has moved to 31 and across the world governments are scurrying they're struggling to contain the spread of the epidemic. We talked about yesterday about how the public health system in India was prepared or whether it was prepared to actually handle the crisis that might be coming in the next two months. Today we look at another aspect of the novel coronavirus outbreak that is the economic angle. What impact will this outbreak have on the world economy and on India's economy. To know more about this we talked to senior economic journalist Anindya Chakravarty. Here is what he had to say. Thank you so much Anindya for joining us. Thank you for having me. Yes so before we go into the most specific issues about India we've been talking about the coronavirus novel coronavirus for a few days yesterday we looked at what is the preparedness of the public health system and the kind of measures that are being taken but there's also a very important aspect that is the economic aspect. Yes. So could you first talk about the global picture itself what do you use because there's a lot of speculation is there going to be a recession what is you know how is it going to affect growth especially big economies like the China and US are involved so what do you think is a possibility the next couple of months at least. So I'm going to go by what is a new report by Nomura and they say that they expect first quarter which is January to March growth GDP growth in China and that is their best case scenario right to be zero okay no growth at all and if things go badly then there could be a negative one percent growth which means that the economy contracts which is not surprising because how is China actually dealt with it and it's dealt with it remarkably well because the WHO representatives who went to China they say that it's actually a very good what they've done is quite remarkable then what they've done is they've shut down entire cities and they've shut down factories they've shut down transport systems people have not been able to go from here to there and this actually hit China around their lunar new year right and therefore many people who would have gone home their migrant workers who big work in these mega factories right where Apple and all Foxconn and all produce their electronic goods and various other goods we know China is like the factory of the world right right they will find it difficult to go back so even if factories reopen it's not as if everyone's going to come back immediately shops are closed the entire trading system is down discretionary spending is down and early reports suggest that there's temporary unemployment in China which means that China which is a big driver of global growth will see a not a recession because it's a single quarter it could be two quarters then that case we'll have to say it's a recession but it will see a contraction right of its economy UBS believes that global growth its best case scenario will go down for I think they had initially projected about 4.1 percent but it could go down sorry they projected about 3.1 percent and that will go down at least to about two and a half 2.6 and it could actually half you know in the worst case scenario which is which is pretty bad if you look at it especially for us because we're already reeling under a very bad domestic demand problem so definitely there's a problem out there and with specifically with regard to India what do you see as the key sectors that might actually get affected because of this so if we look at what China directly supplies to us and in I think the first nine months of this fiscal imports from China account for about 20 odd percent of everything that we've imported from the world most of it is electronic goods right and electronic components because we really don't make make those chip and stuff that go into phones, laptops or anything that is made so that is a big chunk about I think 16 billion dollar 15 billion dollars worth of stuff is was brought in in the last nine months and from anecdotal evidence we understand as I was speaking to news click reporters and they were saying that they have been traveling they one of them told me actually Trina told me that she had been trying to get her phone fixed and we know how you get your phone fixed right you don't really go to the people who manufacture it because they'll rob you so you go to a gray market guy who says I'll fix it and what they fix it is this Chinese right past they've not been able to do that because Chinese goods are not coming in so they've not been able to do it they're quiet and they're not answering phone calls I broke a cell phone screen which I happen to do quite often and I've not been able to get it replaced because the guy go to says that I don't have anything because it's not coming from China and there's a report which came out last week last month actually late last month which suggested that there's been a significant drop in shipments from China and that means that often what happens is a company a manufacturing company they keep stock right it's not as if that they import things just and when they need it so they have about 45 days of stock but we know that the coronavirus thing started sometime in December in December and China started shutting things down from mid-January so it has already been a significant amount of time almost 45 days that cycle is coming so people will be out of inventory they will not know what to do and a lot of people will be stuck with inventory which they cannot sell stocks and there'll be people who'll not have inputs to produce things so that's a big problem which means that the entire cycle of production will get disrupted we know very few people are being employed out there already so now if they are also sacked you know what will happen right so another key question is the kind of possible responses governments can have in such a situation yes we know the public health angle to it the kind of saying now new testing centers more testing kits more investment of course but also in the realm of the economy itself what are the possibilities that governments have in terms of responding so let's look at what China is doing and want us to understand that China is a much more centralized economy even if it looks that that it's a market economy which it partly is China has not responded by cutting rates right we know that the Fed has actually cut the Fed fund rate in advance anticipation that things will go all right so what China has done essentially is to release funds it's made it easier for companies to raise funds pick it up it has also said that okay repayment schedules will be reworked for you so if you have taken a loan you'll be given some sort of a moratorium you'll get time to do it and it's easing supplies so it's it's taking care of these supply chains because such things essentially affect a supply chain production supply chain so that things can quickly come back into place and the way in which China has responded to this of course one would assume that China would probably be better at it than most other countries when it comes to India we know that the government of India has actually failed to even deal with domestic problems it has failed to deal with demand issues right already and I actually do not really hold out any hope that if things go bad in India that we'll be able to deal with it in any way one response the response essentially this is not a demand issue this is a supply issue so on top of a demand issue if you have a supply problem then I don't know what the government will do with it right the RBI might cut rates but frankly who's raising money in any case that they'll need to cut rates and employment especially could be very badly affected in such a scenario luckily for India and this is the ironically in a certain sense that the fact that we are not that dependent on international trade kind of insulates us but even Nomura's worst case scenario for India is also a 1% drop in GDP growth okay now we know India's GDP growth rate is terrible right now so 1% drop is a big drop the big big areas which employ people already already doing badly so let's look at construction in real estate the biggest employer after agriculture and that has actually not it's not going to really be hit by coronavirus what will be hit is another big employer which is trade hotels and restaurants and you know tourism which is one big chunk of employers we've already seen that happen so that will definitely be affected people will be scared about it thank you so much India that's all we have for this episode of let's talk we'll meet you on Monday at 3 p.m. with the latest news developments of the day until then keep watching news click


God is good and all the time we welcome every person that is here this morning we welcome the live viewers as well we welcome every person that is here for the first time you're welcome into God's family be blessed and be encouraged today and I hope and I know that you already received a lot this morning from the testimonies from mentorship message that Martin presented and I know that God's gonna speak to you even more if you open up your hearts today if you open your mind God will speak into your life in Jesus mighty name amen with our church we have a vision and our vision is is sharp our vision is is single and it's the it's the vision to see thousands of people being saved healed and delivered locally and millions globally we believe that God has chosen us for such a time as this that God has anointed us and God has given us the vision fire in our hearts and we're gonna stay true to that vision until we see it accomplished in Jesus mighty name do you believe it church this vision is not only mine it's not only pastors it's not only for the leaders but this vision for for every person that is in this place you are part of this vision if you believe it say yes amen therefore we we are launching an internship our first internship this summer which will last three months starting in June right after this right after when school gets over all the way through September and it's gonna be every day here from from early in the morning starting from 6 in the morning till 1 2 o'clock afternoon people are already signing up from different states different cities that will come here partake of that internship and there for three months they will learn from the word of God they will learn the principles of God they will learn life principles it's gonna be very practical in their personal life and in life of ministry where they will learn how to minister and also they will receive personal training and mentorship and freedom in Jesus name so we are excited about it we believe that God's gonna use us to raise many many leaders he's gonna use us to raise many pastors and apostles and ministers that will be launched into different churches in different different cities amen church so now without any further ado I want you to open your scriptures your word your bible to psalm 91 and we're gonna go straight into the word of God and we're just gonna talk about the subject of my on my talk today the title will be the dwelling place say the dwelling place and psalm 91 this is a psalm that I one of my one my favorites scriptures in the bible something that I I use every single day I pray through it every single day and I'll just try to share with you my heart of from this psalm so psalm 91 goes like this he who dwells in a secret place say secret place of the most I got shall abide under the shadow of Almighty I will say of the Lord he is my refuge say refuge and my fortress my God in him I will trust surely he will deliver you from the snare of the fowler and from perilous pestilence he shall cover you with his feathers and under his wings you shall take refuge his truth shall be your shield and buckler you shall not be afraid of the terror by night nor of the arrow that flies by day nor of the perilous nor of the pestilence that walks in the darkness nor of the destruction the laced waste at noon day a thousand may fall at your side and ten thousand I a right hand but it shall not come near you only with your eyes you shall you shall look and see the reward of the wicked because you have made the Lord who is my refuge even the most higher dwelling place no evil shall befall you nor shall any plague come near your dwelling he shall give his angels to chew he shall give his angels charger with you to keep you in all your ways in their hands they shall bear you up lest you dash your food against the stone you shall tread upon lion and young cobra the lion and cobra the young lion and serpent you shall trample underfoot because you have set his love upon me therefore I will deliver him I will set him on a high because he has known my name he shall call upon me and I will answer him I will be with him in trouble I will deliver him and honor him with long life I will satisfy him and show him my salvation what a great psalm what a great promise of God God says that those that love me I will deliver them I will be with them in trouble I will lead them through it I will deliver them and honor them I will satisfy him and show him my salvation this psalm first and first and foremost speaks to me of consistency a dwelling place in other words it's a living place a place where you live a place where you call home a place where you constantly come back to a place where you're always there and consistency it's a very rare commodity nowadays and consistency is consistency is valid very high probably the biggest big probably the weakest characteristics that humanity has and we have is probably the consistency because if we look in our life and we'll see that because of inconsistency we have not accomplished things that we should have accomplished we have not done things that we should have done and we started some projects and dropped them halfway because lack of consistency if you look at successful people in this world and look and you see and you kind of trace in their character you see one thing is that those people they have consistency they're very focused and determined and they do it repeatedly they do it routinely and that's what gets them to the success that they have for example Colin Sanders went around a thousand places trying to send his chicken recipes and all of them denied him and they found no interest but in fact now we know Kentucky Fried Chicken today it's in every city and we eat that chicken and we enjoy it but that man he was consistent in his in persisting in his actions therefore today he's he became he's not alive now but he became a successful man we know such a man as Thomas Edison that he he tried to invent he tried to invent a light light bulb he tried 10 000 times he failed he continued he was consistent at it 10 000 times I mean I I don't know what what was driving him but he remained consistent in his actions therefore today we have these lights and we're sitting and reading and writing things in the light Sylvester Stallone you guys know Sylvester Stallone you guys know The Rocky the famous movie yes you know that he went to many agents and he talked to many producers and all of them denied him he got he wasted his money his resources that he got down to 600 bucks that's all he had left he didn't know how he's gonna survive next month and and and pay his bills until he continued to do it he continued to be consistent persistent in his actions until one producer picked up his movie and made this movie The Rocky movies and we now we know it's like a legendary movies of boxing and if you haven't seen it you you're missing out on life and so and so consistency is is very important important consistency is what sets people aside what sets successful and not successful people look through your life right now look through the things the project you've started commitments that you've made things that you should be doing and you'll see that in places where there is inconsistency in places that you stopped you stop succeeding you stop moving forward recently I saw an article in the news which I thought was it was very unique former president former u.s president jimmy carter how many of you guys know this president he recently battled with cancer through which god healed him and just couple weeks ago I believe he was like maybe three four weeks ago he was first time in his lifetime late to church for 25 minutes first time in his life because his son died an hour before that his son was 25 years old he came to church and apologized for being late for 25 minutes and went back to do his son the school which he does right now on regular basis he teaches on the school a president of the united states okay never missed church not never missed church never been late to church and when he was late for 25 minutes for which he apologized to the congregation it was because his son who was 25 years old that died unexpectedly an hour before church now we see why successful people are successful and those people that are not successful they usually have a characteristic of the consistency in the life say consistency say I will be consistent amen amen but today what I want to talk about is from someone you wonder about consistency in our prayer life because because our prayer life is what holds every other area in our lives together when we have a commitment in our devotional life when we have a constant continuous fellowship with the Holy Spirit this will help us to develop the character and and discipline that will translate into every other area in our life and it will help us to accommodate and put in place every other area in our life and so today as we read Psalm 91 David says that he who dwells in a secret place of the Messiah God pretty much he who spends time he who is consistent he who made his home in the presence of God in a fellowship of God he and then the rest Psalm 91 follows with all the blessings and all the benefits that that that are tied into a consistent fellowship with God so if you a lot of people a lot of people claim these promises of Psalm 91 over the life but you have to understand that not all the promises of God belongs to the believers there are some yes there are some promises that belong to the believers but these Psalms and the promises that contain the promise of rest the promise of healing the promise of life of victory the promise of life of honor the light the promise of being satisfied and fulfilled in life these promises contain only to those who made God's presence consistent in the life there are for those that made God's presence their living place for those that have a continuous fellowship with God the promise of God says that if when he cries out to me I will answer that promise is for those that dwell in a secret place when we make God's presence when we make our devotional life when we make the fellowship with the Holy Spirit to be our main priority and we don't break it we don't break the routine we don't break the consistency but every day regardless whether we're tired or not regardless whether we have good things going on in our lives or not regardless whether we have you know regardless whether we have bills to pay regardless whether we have you know whether we're going through hard times regardless how we feel emotionally when we still choose to come and give our time in the morning or afternoon or whenever you spend but it's consistent it's the same time that say at the same time every day when you begin to make a priority of it and when you begin to spend time with God God begins to bless your life and begins to bring things into your life the promise when we begin to make God our dwelling place God says that you will find rest you know many people in this world they're looking for peace many people in this world looking for rest in many different places through many different ideologies have many different ideas some people look for rest and peace of their soul through drugs through alcohol through sex through immorality others people the other people trying to pump take pills from anxiety from depression sleeping pills so they can rest at night and sleep just because you guys know just because you sleep at night that doesn't mean you rest because rest truly comes from God rest comes when we continuously abide in his presence rest is something no money can buy no riches can buy that's why many people that's why a lot of people that achieve success in life achieve certain status in life achieve wealth in life and their life or go into drugs and drinking things like that and you think why would you why would you do such a thing when you have everything that you need in the world because money can't buy rest but when you commit to a steady relationship fellowship with the Holy Spirit you might not have all the things in the world at that moment but surely you will have rest in God amen the promise of freedom and deliverance verse three says surely he will deliver you and then verse 14 says because he said his love upon me therefore I will deliver him when we make God our dwelling place God promises to set us free from anything and everything and binds us and keeps us down and an imitation that is put on our life when we spend time with God God gives a promise that those things will be broken in our lives there is certain freedom that we receive when we come to God when we get saved God sets us free from anxiety from depression from drugs from alcohol different things there are certain freedoms that we receive when we go to prayer line where we go visit the man of God that that moves in a greater anointing or we maybe some place in a service where just just tangibly God's presence God's anointing is there and certain chains fall off of us and we receive freedom and there is certain freedom that we will experience only because of our consistent fellowship with the Holy Spirit in John chapter eight in verse 36 Jesus says who whom the sun sets free is what is free indeed there is certain freedom you will experience when the son of God sets you free when God just gives you by his grace by his mercy you've done nothing to deserve it you come and he just sets you free for certain things and I believe that God is going to do certain things and will set you free from certain things this morning but few verses above he says that you shall know the truth and the truth will set you free that word know is the same word that in the Bible and Genesis used that Adam knew his wife the word know means intimacy close intimacy you shall know the truth when you are in close intimacy when you're in close fellowship when you dwell on the truth when you dwell with God then God has a promise of freedom and deliverance I know some people come sometimes and ask you know I have this struggle in my life I have this habit that I want to break I have this smoking addictions this drinking addiction I have this pornography addiction I have this I have this you know character flaw in my character that I can't overcome and I've been you know going to prayer line I've been going using in anointed water or this and that and why can I still receive freedom in this area and this is what I tell people is that you have to commit yourself to a relationship with God consistent not one day you're in five days you're out not today you're today you're praying for this week and next three weeks you're not even seen a church you're not even seen in morning prayers and I tell them you have to be like like like the chicken like a chick in the egg you have to allow your for your relationship to grow so that your growth breaks that shell breaks that limitation breaks that addiction that has been put on you so the dwelling place this is a place where we commit to be with God this is a place where we spend time with God God also promises that no when we spend time with God when we spend time in his word that no sickness and no deadly disease would come near our place this is the life insurance this is a this is the health insurance that no other insurance can match see we take we take health insurance through our workplaces and other places so that when we do get sick that it will help us to cover the bills but God's health insurance assures you that no plague will come near your place you can't beat that say amen amen God declares through the dwelling in his place through consistency in his in relationship with God God says that you will walk a life of victory a thousand might fall at your side and ten thousand at your right hand and God promises that they will not come near you certain issues certain problems that you're trying to tackle in your life certain things that you want trying to overcome in your life and it's hard and you you feel like you're being beat down by those things I promise you one thing according to God's word that if you commit to relationship with God God will give you victory over those things in Jesus name amen God promises a life of honor says those that set their love upon me says I will deliver them and I will honor them say honor if you want to walk in honor in your life and honor that that that lasts and honor that that no man can take from you because you know there is recognition by men today they recognize you tomorrow they don't like you and they shame you and they put you down but when God honors you no man can put you down in Jesus name amen the life with God consistency with God brings honor brings influence brings recognition you will never be below you will never be a tail God says you will be the head and not the tail you'll be the top and you will not be in the bottom say amen and God will give you life that is satisfying so we all want to and we all desire to have a consistent prayer life we all desire to have a consistent devotional life consistent fellowship life but what does that what is stopping us from having it what brings us down and I believe there is only one enemy of prayer and this is satan and demons they do not want you to pray they will use any tool any weapon anything that they can put their hands on any way they can influence you to stop you from praying because devil knows demons know when you pray God begins to move when you spend time with God you begin you become stronger when you spend time in his presence you will be victorious and you will and they will have no place in your life you guys those of you that they've been coming for some time and you've seen some of the testimonies and seen some of the prayer lines that we have once once every month and then when when when anointed of God touches and demons begin to manifest and they begin to and then begin to speak out and they they say one thing is that we hate prayer we hate prayer because when person prays when a family prays for them when they pray they limit us they stop us we are we can't influence them we can't touch them and they say we hate prayer and so you have to understand that anytime you decide to you make a commitment to spend time with God anytime you decide you know what I'm going to be coming to morning prayers from now on five in the morning six in the morning seven whatever your schedule permits and allows I'm going to be consistent in my prayer time with God you have to understand that there is an enemy that is after your prayer and every time you get those feelings of laziness feeling of sleepiness how many of you guys try to pray and I feel like man any other time I'm not sleepy but the moment I try to pray this like sleepiness comes over me what's going on because enemy is after your prayer you have to know your enemy and you have to discern his schemes in his plans and you have to comment that enemy to be off you at that moment so you can continue in your commitment devotion for God satan is your enemy and he wants to bring you down bring your prayer life down if he satan has two missions two goals if he doesn't succeed and succeed in one that he at least tries the other if he doesn't succeed you stopping from knowing Jesus and giving your life to Jesus at very least he will try to limit your relationship with God through prayerlessness demons and satan is behind prayerlessness every time next time you decide to pray and you feel you get all these weird feelings not to pray laziness business you have to understand 100 behind it is demonic influence and you have to come against it and make a decision to pray in Jesus name amen the biggest tool that satan uses is sin when we when satan uses sin to entice us into into it and then when we sin he turns back around and he begins to blame us condemn us and bring us shame so we must understand that satan uses sin as a bait to stop our prayerlessness in our relationship with God to take us out of the dwelling place to evict us from living in the presence of God and so when we realize that and when we when we understand and know such a thing we begin to stay away from sin this is why we stay away from sin but when we do fall into sin we all fall short of the glory of God none of us are perfect that we run immediately back to God we run immediately back to God that we don't allow satan to keep us away from God David declares and he says that that my God he is my refuge there's a reason why David chose those words carefully he is my refuge these words are inspired by the Holy Spirit you have to understand that Israelites when they got into the promise then God told them specifically to have six cities of refuge places these cities were for the for the people if you for for example was involved in a in in an accident you you killed somebody on an accident and so and and you didn't do with intention you didn't do out of anger the city of refuge would be a would be a place where you would run to get asylum so that the people will not avenge you for it people will not kill you because you killed the neighbor you killed their friend you killed their family member so the city of refuge this is a place where you will run there and a priest would take you in for protection until the court date and if you were proven innocent in the court you will go back to the city of Asylum and live there and legally the Avengers will not be able to touch you you can live there without fear until the high priest of Israel would die when he would die then if you live long enough to see that you will be set free and you can leave the city of refuge and you would be free without any fear that avengers will come after you so David says he is my refuge what he's saying is that anytime I fall anytime I mess up anytime I sin I run back to God because he covers me from my avenger he protects me from my enemy he protects me from my accuser and because I high priest which is Jesus Christ he already died today today we can be free to live a life without worrying about avenger coming after us to pay the price for our mistakes you have to understand when Jesus died he justified us that were justified means this is what happens in the courtroom setting for example if you were found guilty of murder and and the prosecutor is pushing charges against you and he's bringing evidence against you and here comes Jesus on a scene he steps in instead of you and he says I'm the one who did it I'm taking a blame and this person you are justified me you've never done anything wrong see redemption is what something you did you acknowledge it and you got forgiven and redeemed but you still have a record of it you've done it in the past justification is Jesus stepping in for you saying I did it he's never done it he's completely justified no record of wrong this is what Jesus did for us put your hands together for Jesus so I want to encourage you this morning and I want to tell you if you want to make God a dwelling place if you want to be inconsistent fellowship with God if you want to have that unbreakable relationship with God you have to understand it you will have to make God your refuge place you will have to make your cross the cross your living place is a place that you continue to come not based on your sacrifice not based on your work not based on what you did or didn't do but you come to God into his presence based on what Jesus done and Jesus alone and so when we come to God based on his sacrifice based on what he had did for us as a high priest that we will be able to maintain consistent relationship with God then Satan will not be able to come with guilt and shame and say look what you've done you promised to God never to do this again and you did it again you repented before a hundred times for it you still did it again but when you learn to live with God as a God as a God as your refuge place you'll be able to say Satan I am forgiven I am justified I am redeemed I have no record of wrong God expects me in his dwelling place God expects me in in my prayer time God is waiting for me and I'm not gonna let anything stop in me and I'm gonna run to God and I'm gonna spend my days I'm gonna spend my time I'm gonna spend my morning in God's presence and when you begin to do that you'll see how you're gonna begin to walk a life of victory you will see how God will protect your life your hell he's he's gonna he's gonna guide you anytime you find yourself in a difficult situation God says I will be with him and I will deliver him out of it many afflictions of the righteous Bible says but God delivers them all in Jesus mighty name if you believe we put your hands together raise up on your feet as we're gonna begin to go into worship and declare that I God is mighty I God is strong he is our refuge he is our strength in Jesus mighty name and today we will live and dwell in the presence of God in Jesus mighty name


I mean, you know, in an ideal world, you could do that with so many of the calls that I make, no matter what they are, day trades or options. You could just plop it on, because, I mean, there are so many times when I call aggressive entries, whether they're for options or the day trades, even the day trades in here, the people just in the room, not doing the options, just the day trades, where they make huge moves right away, and you could just plop it on, but when they go against you, which sometimes they do, because not every trade that I call works, although this year it does appear that almost every trade I'm calling is working, but which is why some of you are really getting aggressive, like Fred didn't use any stops this week, I don't think. Turtle just took the biggest size ever of anyone that I've ever seen taking any trade I've ever called. So you know, I think that the only thing is that if one of the trades doesn't work, then you got to be okay with that, but I mean, what was the one this week? Everything is a blur. What was so who? Was this the one? One of the ones this week just absolutely collapsed. Was it this? This is continuing today, 129, I forget how this set up, here, yeah, it was this one.  I mean, seriously, and who cares where you get out. If you had plopped on, you could have taken 10,000 shares short of this, you would have gotten filled, okay? So if you had done that, you could have made 10 grand in like three minutes. I call trades like this over and over and over and over and over again, but the one time one doesn't work, you got to be able to substantiate the loss as long as you can do that mentally and financially, you know, you could, that's for sure. You could do this here. Then if you want to do it, just buy it. I'm told you, here's the point. There you go, do it if you want it. And market is going to attempt to hold. So Apple's trying to back up here. Is anyone still in it? Any questions at all about the week? It was a very good week. It's been a very good year. I don't know if anyone has any questions. I mean, everyone should be doing well. And I think everyone is. Some of you have to work out platform issues. But those are certainly things that you can fix very easily. Gypsy said, thanks for a great week. Trying to think if there's anything else to talk about.  I really didn't like any of the things on the list. I mean, I rated like five or six things, but couldn't get excited about any of them. Zero conviction. YRCW, let's see what that did. Here it's set up in here. And Mac really flipped. Madgirl said, it was a great weekend. Enjoy your weekend. You're welcome. I will. Koala Bear had a good day. Is anyone still in Apple? It did have the morning move here. It's 10-10. Got down, broke 1-63. 1-63-75 was the target. Went down, broke 1-63. Went to 1-62-86. I think for the morning, you should be out of that.  I do think this has more room in it today, but I would still get out and make sure you book your money. You could retake it later on a higher time frame. Gypsy's done for the day. Yep, I think it's a good idea. And Amazon, if you want it, you can do it. Wait for the 15 minute or do it here. And the market is going to try to hold. It's a question of where and when and all those things. All right, good job, everyone. I will see everyone next week. Have a wonderful weekend. Watch the Super Bowl. Go have fun with your friends and family. Watch in the game, and I will see everybody next week. You're welcome.


The fifth strategy, and I think it is a strategy, all of these I think I want you to think strategically about Rather than be casual or see them as just points and thinking of them as a strategic intentional thing you apply to your life And the fifth thing I want to say to you is do not be loyal to an old version of yourself Don't be loyal to an old version of yourself You are not the same person. We are not the same person throughout our lives and nor should we be Not enough is said about that so that people spend a lot of time feeling guilty and confused At different seasons of their life and feel bad about Not being as interested in what they used to be interested in not caring as much about what they used to care about And not wanting to spend time with people that they used to spend time with not wanting to do the things they used to do Because you are changing and if you're a growing flourishing person you will not stand still as a person you will constantly have Reinventions of you Because you are committed to becoming the best version of you You can possibly be which means you have to shed the skin as it were of the old versions of you that were good in their time But they are not good for who you are becoming next And I think what happens is that we do life with people Who love the version of you that they've always known and so it gets difficult to reinvent because the people that have known you the longest Are the ones that most don't want you to change In case the next version of you doesn't give them the same space in your life And you know as well as I do people that know the version of you the version of you that you've been for a long time Are the ones that I said what what did you say what you're doing? Why are you reading that book? Oh? Haven't heard you say that before Haven't known you listen to that kind of podcast before or and this this self-improvement that you're involved in becomes a threat to them Because it's changing how you think and how you speak and it's shifting your values around is shifting Your behavior and your habits and your and and your time allocation And it's a threat to people who feel that they may be pushed out of the space They have in this current version of you so they don't want you to Become another version of you, but you know you have to Because each version of you has its own sell-by date So to stay loyal to an old version of you when you are seeking new opportunities New relationships new ideas new expressions of life new things you want to do They will require you to upgrade you to be able to pull those things off and to be able to Do those things well It's kind of like being upgraded to first-class and keeping an economy mindset Been upgraded to An opportunity and this is why people often get an opportunity they want they get the job They want the promotion they want but then fail in that opportunity in that space because they brought the old version of them to the new opportunity and You know as well as I do that getting a new opportunity isn't just about a skill set It's about adapting to the new space It's about adapting to the new culture and literally the new opportunity could be a completely new culture a new country a new city So the challenge doesn't become so much can I do the job? But can I be the person that is a good fit for this job and role and the people that can do that the best Are the ones that are committed to constantly in re-inventions of themselves So it becomes vital to not stay somewhere mentally That you left physically a long time ago And when we do that we park up mentally and emotionally in a version of us that was 10 years ago 20 years ago even a year ago and we live in the present with this mixture of Who we were and who we're trying to be and it becomes a mess so Do not stay loyal for the sake of anybody To an old version of yourself. I think the most flourishing Progressive growing people have figured out whatever they call that. I don't know my version of that for me is That I have committed to not stay loyal Ever to an old version of myself and some of my reinventions have been rapid So my my not staying loyal has been a constant choice. I've made Several times throughout the period of a year. I have known that I've reinvented I'm changed and it's sometimes small Uncouplings is sometimes small Resignations and divorces that you do from the old you not massive life shifts sometimes It's sometimes small almost unnoticeable to others, but very noticeable to you how you are constantly Moving on and not staying loyal to old version no matter how good that version was It's not who you are anymore. Don't stay loyal to an old version of yourself


ay kapangyariyan. No, let's put that power to the test. It's time for K-check. I am Jonella Boer. Kapo'a si Aimee Sumardines and this is K-check, the newest and smartest game show on Philippine television. Marami ang hindi nagsawang tagdugan ang kanilang mga kaalaman. Here on K-check, titignan natin kung gano katindi ang brain power nila in various disciplines. And in the final week of the competition, malalaman natin kung sino ang kaon-aon ang tatangaling K-check champion. Nan-dito na tayo sa ating weekly finals, kilalain natin ngayon ang ating apat ng daily winners. One of them will move on to a spot in our semifinals kung pumasasya sa ating K-check sa aro na ito. Creenaya is a University of the Philippines Dileman student who is passionate about design-related tasks. Brian finds it therapeutic to walk around and take photographs. Charlene is in love with cinema and is a BA film major at UP Dileman. Dias is a performance major in theater. He came from the province of Laguna where he originally majored in engineering. Now he's following his dream of becoming a theater actor. These four will be competing under the watchful eyes of today's K-check panel of experts. Professor Marion Roque, professor of mathematics at UP Dileman. Professor Neil Santillian, chairperson of the UP Dileman Department of History. And Professor Maylian Cruz, assistant professor from the Department of Theory, College of Fine Arts, University of the Philippines Dileman. And now contestants papasok na tayo sa K-check para mihan where each correct answer is worth 10 points. It is your chance to bank as many points as you can and take the all-important early lead. Let's begin! Creenaya, in geography, what is the southernmost continent? Correct answer is Antarctica. Brian, what is the average of 17 and 37? Answer is 27. Charlene, what does the D in COVID stand for? Disease. K-check. Dias, tofu is made from what type of bean? Soy. I will accept that K-check. Creenaya, what is a product of 1.5 and 1.4? Answer is 1.8. Brian, Russia and Ukraine were part of what country that broke up in 1991? Soviet Union. K-check. Charlene, to what galaxy does our solar system belong? Nakiway. K-check. Dias, 126 is 3 times what number? 42. K-check. Creenaya, what does the D in AIDS stand for? Disease. Malay. Efficiency. Brian, found on TVs and video, what does HD stand for? High definition. K-check. Charlene, what number is two thirds of 30? Correct answer is 20. And Dias, who had been the queen of the United Kingdom for 69 years until 2020? Queen Elizabeth II. K-check. And that's it for our first round, the K-check para-mihan round. And that's it for our first round, the K-check para-mihan round. Ang galing ng first round na yun. Oh, nakakatua, pero kailang may humabon. Diba, ako din naman kung ako yun ay gusto ko manalo talaga. Na yung lingkung ito. Di ko to palalag pa siya. So, hahabul ako. Kasi pang semifinals na nang next round. Prof. Neil, may mga katanungan ka ba sa ating contestant? Tanung ko para kay Charlene. Si Charlene ay film major. Diba, baka ang tanung ko sa kamiya, anong tingin mo si Stado ng Sining Pilipino? Nag-ihingalo na tutulog o lumalaban? True. Controversial. I would say lumalaban naman po, pero the problem is mo na naman putan ang shorting siya talent, kundey, investment. May okay, batay sa mga tinuro sayo ng mga tagafilm institute. Paano lumalaban ang mga memberon ng industria? I would say they still do what they do naman. Doing what kind of film? So, anong mga pinoturo sa inyo nina Rob Brown at ang mga expert na dyan sa UP Film Institute na yun. Ang dami di niya siyuro ko alala. Nasa, bang dami niya ang pinoturo doon. Hindi lang si Rob Brown, Roland Tolentino, Kampo at marami pa. Correct. I think she's just focusing on the competition. Ako din naman, palang gusto kong win-win-win. Ako naman gusto kung tanong isa ko niya. She said that she loves design-related tasks. So, I wanted to ask her, what class is design-related task yun? Ako po talaga when it comes to designing. I love designing media-related stuff like posters. I also edit videos. And with designing, I also love sketching, theater stages and theater costumes. Kaya kapag design, kaya quinea na yan. Okay. Upaad pa siya. Gusto pa ng ganong klasin. Sa anka ba makikita quinea? Just in case mainteresado nga, no? Ay, thank you po sa ano, pagpapalala. Pwede niyo po kung maalap sa Facebook, Instagram, quinea lang po. Quinea, okay. At ngayon, ready nabakayong lahat for our Pub, Next here on, K-check! Parin ang ating karunungan check. No, let's look at the scores of our contestants. In the lead is Dias with 30 points. Second place is Atay. Between Brian and Charlene at 20 points. Si Quinea ay kailangan humabul. Yes. Ha-habul yan, si Quinea. Queen siya eh, di ba? Okay. Tadang po ang scores nila last time, no? O-o. At si Nuan pinakamataas? Piling ko si Brian, tama ba ang pinakamataas? So, anakin ng pressure sa kaya parang tanda ko 135 points si Brian. Taas? Siya pa rin kaya ang nanalo ng ayong second place. Di natin alam kasi pwede gumabul si Charlene na may 110 points ng kanyang round. At si Dias na may 120 points, no? Si Quinea. Walang ng memory mo, na alalang upalahat, believe. Talaga, no? Photographic memory. We are now going into K-check pabilisan. Buzz in for the right to answer the question. Correct answers are worth 20 points, pero sa round na ito, minus 10 points ang maling sagot. Kaya contestants, think before you press that buzzer. Let's begin. The first question. According to live signs, the rarest color in nature is ironically Dias. Blue. K-check. Next question. What is the name or genus of the extinct flying reptile that has a wingspan that can reach 36 feet, which makes it the largest known flying animal ever? Dias. Pherodactyl. K-check. Which song by a Blackpink member won the best K-pop video award? Brian. Quinea. Lisa Manoval. Manoval. The correct answer is Lalisa. Which United States precedents starred in the film's Law and Order and Bedtime for Bonzo? Charlie. K-check. Which chess champion was born in Baku, Azerbaijan in 1963 with a surname Weinstein? The answer is Gary Kasparov. What is the title of the love song recorded by Louis Capaldi in 2018 that was named Song of the Year at the 2020 Brit Awards and went on to garner more than 2.3 billion streams on... Quinea. Love someone. Very close, but the correct answer is someone you loved. What is the official language of Brazil? Charlene. Brazilian Portuguese. K-check. Next question. South Africa is a country with three capitals. What is its judicial capital? What's name? Brian. Cape Town. Let me continue. What is its judicial capital whose name means fountain of flowers? Correct answer is Boomfontein. Zero degrees Celsius is how many degrees Fahrenheit? Dias. K-check. When Star Wars emerged as the number one movie at the box office in 1977, what Steven Spielberg films Terin Richard Rhaifos was the second highest earned... Dios. Malit. Let me finish that. What Steven Spielberg films Terin Richard Rhaifos was the second highest earning film that year. Ang tamang sagot ay close encounters of the third kind. Which Filipino-American singer and social media personality created the most like video on tiktok? Dias. Bella Bridge. K-check. And the last question. Here it is. In mathematics, what curve is traced by a point moving in a plane so that the sum of its distances from two other points called fosai is constant? Dias. Circle. The correct answer is ellipse and that's it for our Publish and Round. That's the end of our K-check Publish and Round. Mag points, recap mo na tayo. Na una si Dias with 100 points. Charlene get 50 points. Brian and Sikwinea ay hahabol. Ang galing dinong mga katanungan sa Round ay o. At si Dias na maintain ya from Round 1 to Round 2. Consistent. So, siya-challenge natin yung last na ay mga contestants to again hahabol ang ating iba mga contestants. Okay. Yes. Broke Mario, ay mga questions ka ba sa ating mga contestants? Maybe kay Dias. Kasi naakabilip siya na engineering and then nag theater di ba? So, Dias, nakailang years ko sa engineering mo. Three years ko. Wow! So parang biglakan nag shift to to theater po. Hindi ka naman nakikout sa engineering na. Hindi po, hindi po. Matataspo grades ko doon. Kasi palo kita na yung mga math kasi na questions na answer niya na mabilis. Pero anong klasi ang actor gusto mong maging? I want to be a flexible actor po. So, any role sana po kaya kung gampanan So, good luck or kung hindi, mag-join ka mo yung mga quiz shows para mano kung exposure. Correct. Katulad na. Masyong ito. Pero ang galing, parang nababalan siya talaga yung right and left side ang brain niya. Iba kanang doon. Tamang assessment yan. Okay. Prof. Maylin, may comment ka mo doon kay Dias or baka gusto mo siyang i-advive o nang parin yung gawin sa arts, still. Okay lang yun na malasa engineering papunta sa arts kasi kami din sa arts talaga nagmula din sa ibad ibang fields. Kapag nagpunta ka sa fine arts you meet all kinds of people with all kinds of backgrounds too. Kama naman. Okay, baka talong ang kabas sa ating mga contestants? Para kay Brian, sabi mo kanina na you're into photography. Do you share your photographs and social media? Just recently, actually I was very hesitant to share my creative my creative side because I'm more used to writing and also being in front of the camera but recently I decided to share my craft because I think that the stories and the people and places I have met during my photo walks and all my story assignments. Their stories carry a lot of significance and that people that merit sharing or that needs to be shared to other people. Na-excit daman ako kung kaya ang mga pilupos ni Brian. Yeah, na tanong ko yun kasi gusto kung malaman kung papanya niya siniselek with the photographs that he takes. Ano yung basihan niya para yun yung from the maybe hundreds of photographs that one takes. Yun yung ipopost mo at issue share mo sa public. Gano daw ang yung ano? Yeah, personally light is very important to me as long as if the photo has is well-lighted and maganda yung light composition niya it's more likely na masasama siya dun sa frames na I'll be posting online. Thank you. Thank you Prof. Maylin and thank you Brian.  Welcome back! Now let's look at the scores of our contestants. In the lead is Dias with 100 points followed by Charlene with 50 points and then we have Kineya and Brian na kailangan hubabo. Meron pa silang chance meron pang mga points at po yung mahule sa next hour na ito. So we'll find out in our K-Check! Ultimate Pagalingan where correct answers are worth 30 points and wrong answers get a 15 point deduction. At para mas madagdagan ang kalaman ang ating contestants at viewers sa round na ito sa mga professors ng ating panel of experts magagaling ang mga tanong. At the end of this round, malalaman natin kung tino ang tatang haling K-Check Weekly Winner. Contestants! Let's begin! Let's start the round. Prof. Marian, question please. Simple math question. What is the next term in the sequence? 1, 1, 2, 3, 5, 8. Dias! 13. Okay, so this is these are the first terms of the Fibonacci sequence where you get the next term by adding the previous two terms. So the correct answer is 5 plus 8 or 13. K-Check! Thank you so much. Prof. Neil, next question. What was the empire that controlled southeast Europe, West Asia, and North Africa between the 14th and early 20th centuries? Charlene! Atoman empire? Bumaksak ang imperyong ito na natalo sila sa unang digma ang panday big. Ang tamang sagot ay ottoman. K-Check! Very interesting. Prof. Maylien, next question. What do you call an artisan who makes santos and rebultos? Dias! Sculptor. Wrong answer. Ang tamang sagot ay santero. Ang mga santero they emerged as a result of Spanish colonization and the Christianity that they brought here in the Philippines. Santero pala ang terminal. Prof. Maria, next question. What do you call a type of reaction that releases energy into its surroundings? An example of this reaction is produced when you burn for example sugar or candle or you mix a strong acid with water. This is called exothermic reaction. Gagamitin ko yung term na yan. Aro-Aroxotherm. Prof. Neil. What is the first K-pop song to hit number one on the Billboard Hot 100? Brian. Gangnam style. Malik. Ang tatumula sa BTS. Ang tamang sagot ay dynamite. Correct mo. Aridinig natin Prof. Maylin. This is the solid gold image of a Hindu goddess that attests to the pre-colonial civilization in the country found in Agusan and currently in the possession of a foreign museum. The correct answer is the golden Tara of Agusan. It's a solid gold small sculpture, one of the many evidences of our civilization prior to the Spanish colonization. Thank you. Prof. Mario, next question, please. Not uleh. Simpil lang uleh. What is the value of the circumference of a circle divided by its diameter? Dias. Pi. Okay, the circumference of a circle is 2 pi times its radius. 2 times the radius is the diameter. So, C over diameter is equal to pi. Okay, check. Thank you. Prof. Neil, next question, please. Who founded the Moro National Liberation Front? Charlene. Nuremusuari. Nagsilbing Gobernador ng Autonomous Region in Muslim Mindanao, matapos nakipag peace talks sa administrations in Fidel Valdes Ramos. Ang tamang sagot ay Nuremusuari. Okay, check. Thank you. Prof. Maylin. This is the Royal Home of the Maranao Leaders, distinguished by its colorful and decorative flanges called Panolong. The correct answer is Toroghan. It's a beautiful piece of vernacular local architecture that serves as a royal home but also has a social function. Prof. Maya, next question, please. Last question for me. What do you call a material that will not carry an electric charge? Brian. Insulator. Okay. You think kailangan para hindi makuriyente? Insulators, the correct answer. K. Jack. Thank you. Prof. Neal. Next question, please. Sinong huling pangulo ng Commonwealth at unang pangulo ng Ikatlong Republika? Brian. Manuel El Queso. Manuel. Siyang humarap sa problema ng reconstruction pagkatapos ng guerra laban sa hapon. Ang tamang sagot ay Manuel Rojas. Thank you. Prof. Meiling. This is our last question. Who is the national artist known for his abstract expressionist works? Charling. To yung inaw. Malik. Ang tamang sagot ay C. Jose Hoya. Siya ay nagsilbing di ng College of Fine Arts at siya rin ang kaunahunahan na magna cum laude mula sa Fine Arts. And that is it for our K-Check Ultimate Pagalingan. And that's it for our K-Check Ultimate Pagalingan. Congratulations to our weekly winner, Dias, with a final score of 145 points. We'll see Dias again in the semi-finals. Thanks to Quinea, Brian, and Charling for joining and for the members of our panel of experts. Professor Marian, Professor Neal, and Professor Meiling. This is Aimee, Sue Martinez. And I am Junella Bore. Join us again on Mondays for another K-Check!


and introduction to distributed file system. This is Dr. Anita Pooja, professor in computer science and engineering department at Walchand Institute of Technology, Sonapur. At the end of this session, students will get familiar to what are the goals of distributed file system and the architecture of the distributed file system. Students are required to have the knowledge of file system management in Unix OS. Now, what is distributed file system that is DFS. Before going to DFS, let us see what is file system. File system is a component of operating system that performs organization, storage, retrieval, sharing and protection of files. So distributed file system is also a component of operating system, distributed operating system that is it is a resource management component of distributed operating system. It provides storage and retrieval of files but in distributed environment. Here the users of the files and the storage devices of the files are physically dispersed, separated. It implements a common file system that can be shared by multiple autonomous computers or we can say multiple clients. Now, let us see what are the goals of the DFS. DFS has two important goals, network transparency and high availability. Network transparency means users are not aware of the location of files at all. They are only concerned with giving the request for the files and they always assume that these files, the files that they request they are always present on their local system. They are not at all aware from where they are getting the files that is called as network transparency. Second is high availability system failures of failures in the regularly scheduled activities should not result into unavailability of files. In any case of partial failures, users should get the files that they request. Now, let us see the architecture of DFS which has only three components, file servers, clients with the client cache and the local disk and the servers and clients communicated through communication network. File servers are dedicated storing files and perform file access operations. Clients they are used solely for computational purposes that is the access files stored on the servers, perform some processing on the files like modification of file or something of that sort. Client machines can be equipped with local disk storage that can be used for caching the remote files as a swap area or as a storage area. The two important services in distributed file system are the name server which performs the name resolution service and the cache manager which provides the caching of the data and on client side as well as server side.  So, it is a process which maps names specified by the users to the stored objects such as files and directories. This is also known as name resolution and it occurs when a process or client refers to the file or directory for the very first time. Now, let us move to cache manager. It is a process that implements file caching. Now, in file caching a copy of file stored at the remote file server is brought to client's machine when referenced by the client for the first time. Now, subsequent access to the same file by the client can be fetched from the client's cache instead of getting it all the way from the file server thus reducing the delay or the network latency. So, file caching is done on the client side assuming that client may need to access the same file again and again. So, why to send all the why to send the request all the way to the remote file server every time. So, it always when the first time it accesses the file it will copy that file into its local cache thinking that the next time it can fetch the file from its local cache only instead of getting it from file server. Cache managers are present both at clients and servers. At the server side cache managers cache files in the main memory to reduce the disk latency. See, the file system always resides on the hard disk, but when first time the server fetches the file from the hard disk then it will cache the file in its main memory thinking that next time it wants to access the file it will get it from your main it will get it from its main memory instead of from it from the disk because every disk operation is associated with the latency. If multiple clients cache the same file and try to modify it then the copies become inconsistent. To avoid this inconsistency cache managers at client and server they should very well coordinate with each other during data storage and retrieval operations. Now let me pause the video for a question think on this question and try to answer it correctly. So cache managers are responsible for four options are given caching data in client cache caching data on server side in main memory avoiding inconsistency by coordination during data storage and retrieval operations mapping user names to stored objects such as files or directories. So choose appropriate one. So caching data in client cache is done by client managers as we have seen just now caching data on server side in main memory is also done by cache managers on the server side and cache managers are also responsible for avoiding inconsistency by proper coordination between them during data storage and retrieval operations. But the fourth job is not done by the cache managers that is mapping user names to stored objects such as files or directories it is done by the name server during name resolution. So the first three are applicable to cache managers so option c is correct. Now let's see how data access actions are performed in distributed file system. So there are two parts here client and server on the left side the client part is shown here client issues request to request issues the request to access the file data here is nothing but file the client first checks in its cache whether the data is present if it is present it is immediately given back to the client if it is not present then it will check the file whether it is present on its local hard disk if it is present it is first given to the client cache from where it is again given back to the client if it is not present then it is the request is sent to the file server through communication network. Now file server first it will check in its server cache if the data is present it will immediately send to the client cache and from client cache to the client if data is not present then it will check on its disk server disk if the file is present if it is present then it will first be copied to the server cache and from server cache to the client cache and then finally to the client in this way the data access actions are cannot in DFS. Now let's see some of the mechanisms first we will start with the mounting. We can bind together different file namespaces to form a single hierarchical structured logical namespace. So namespace is bounded always to an either internal node or leaf node of a namespace tree so this is a namespace tree there are three servers shown here server x then server y and server z server x consists of server y mounted at mount point a and server z is mounted at point i of the server x. So here the server y and server y consists of the combined namespace of d, e and f and server z consists of combined namespace of j and k similarly with that of the server x. So here the kernel maintains a structure called as mount table the mount table maps mount points to appropriate storage devices in distributed file system file systems maintained by file servers are mounted at clients. So there are two approaches to mount this mount information one is we can mount at the client side and second is we can mount at the server side. So let's see maintaining mount information at the clients each client has to individually mount every required file system this approach is usually followed in some NFS. Since each client can mount a file system at any node in a namespace tree every client need not see an identical namespace they will have a different view of the file namespace. Now maintaining mount information at server mount information can be maintained at servers in which case every client can see an identical file namespace they are not viewed differently because they are not mounted at the clients they are mounted at the servers. So if files are moved to a different servers then this mount information needs to be updated only at the file servers not at the clients whereas in the first approach if this is the case that is if files have moved to different servers then every client needs to update its mount table. Now this mechanism used in DFS that is caching is used in DFS to reduce delays in accessing of data. In file caching a copy of data stored at remote file server is brought to client when referenced by client for the very first time. Data can be cached in main memory or on the local disk of the clients. Data is cached in main memory at the server side to reduce the disk access operations and thus disk access latency. This is another mechanism that is hints caching results in cache consistency problem. So this can be avoided by great level of cooperation between file servers and clients which is very expensive. So alternative method is to treat cache data as only hints not the data that is expected to be completely accurate. For example after the name of file or directory is mapped to the physical object this address is cached or stored as a hint in the cache. So that next time if same file or directory is to be accessed then this hint is taken from the cache and directly that file is accessed. But if this address fails to map to the object because object has moved from this location to some other location then this cached address is no more useful. So this is deleted from the cache. File server conserves the name server to obtain the actual location of file and then updates the cache. The third mechanism is bulk data transfer. Now in this mechanism multiple consecutive data blocks are transferred from server to client in one seek operation. So this reduces the file access overhead by obtaining multiple number of blocks within one within a single disk seek time. So this mechanism is used on the basis of the fact that most of the time files are accessed in their entirety not in the part. Encryption. This mechanism is used for security and distributed systems. This method was developed by Edam's Cruder and it is used in DFID security. In this schemes two entities that want to communicate with each other they establish a key for conversation with the help of communication with the help of authentication server. These are some of the references used in preparing this video. Thank you.


The mini-emulsion technique is a particular case in the family of heterophase polymerizations, which allows the formation of functionalized polymers by polymerization or modification of polymers in stable nanodraplets. We present here an overview of the different polymer syntheses within the mini-emulsion droplets as reported in the literature and of the current trends in the field. This article was authored by Daniel Kresby and Katerina Landfester.