NBA: Montrezl Harrell agrees to 2-year, $12M deal to stay with Clippers
AdvertisementThe Clippers have re-signed free-agent forward Montrezl Harrell. He averaged 11 points and 4 rebounds in 76 games last season while shooting 63 percent from the floor.Harrell, 24, joined the Clippers as part of the Chris Paul trade with the Houston Rockets last season and made an imprint with his rebounding and defense.Harrell, entering his fourth NBA season, was a restricted free agent this summer. He agreed to a two-year, $12 million contract to stay in Los Angeles, ESPN reported.Harrell was one of the star players on Louisville’s 2013 team and was the Cards’ second-leading scorer the two seasons after that. He received the Karl Malone Award for the nation’s top power forward his junior year.Montrezl Harrell, due to his incredibly low minimum salary last season, has a tiny qualifying offer of only $1,839,228.The North Carolina native averaged 11.6 points and 6.9 rebounds in his three seasons at Louisville. Terms of the deal announced Tuesday were not disclosed.Advertisement
Dejected Ronald Koeman yet to recover from Everton sacking
Former Everton manager Ronald Koeman is yet to get over the disappointment of being sacked by the Premier League club and has rejected multiple managerial offers since his dismissal.Koeman was fired in October, after 16 months in charge of the Merseyside club, as significant transfer spending failed to inspire Everton, who dropped into the relegation zone after winning just two of their opening nine league games.”I had started something at Everton and I really wanted to finish it in a good way. This is why my disappointment is bigger than ever before. I have to be realistic and I am not moaning about it,” the Dutchman told the Sunday Mirror.The 54-year-old was touted to take over at several vacant managerial roles at Premier League and European clubs, including West Bromwich Albion and West Ham United, but turned down the offers.”I need to put those feelings of disappointment away first,” Koeman added. “This is the reason why I’ve not taken any of the offers — the offers were there immediately after leaving Everton.Reuters Photo “I had a few offers from the Premier League and a few more elsewhere in Europe.”Everton have climbed to 10th in the standings under the guidance of interim boss David Unsworth and newly-appointed permanent manager Sam Allardyce and travel to fourth-placed Liverpool for the Merseyside derby on Sunday.
Official Match ball carriers bring India on field at FIFA World Cup
Moscow, Jul 13 (PTI) India at the FIFA World Cup might be a long shot at this point but a couple of Indian kids got to live a dream by being the Official Match Ball Carriers (OMBCs) at the ongoing mega-event here. Selected after a nationwide talent hunt by automobile giant Kia Motors, one of FIFAs official World Cup partners, 11-year-old Nathania John and 10-year-old Rishi Tej became India’s first set of official match ball carriers. While Nathania led the likes of Neymar and Phillipe Coutinho out with the match ball in her hands during the Brazil-Costa Rica clash in St Petersburg, Rishitej had his moment during the Belgium-Panama group stage match which featured stars such as Eden Hazard and Romelu Lukaku among others. “I am so thankful to football, it is the sweetest thing to have ever happened to me. It’s bigger than a game, for me, football is life,” Rishitej said. “I was a little nervous that day because this was a lifetime opportunity,” he spoke about his experience at what is popularly called the ‘greatest show on earth’. “Not everyone gets this chance. To be here meant the world to me,” added Nathania who wants to spend the rest of her life playing the ‘beautiful game’. The initiative was launched on April 10 in India, inviting footballers in the age-groupof 10 to 14, to showcase their skills and win a chance to go to Russia. It had Indian football captain Sunil Chhetri personally monitoring the selection process and the final choices were made from a shortlist of 50 children.advertisement The kids were required to demonstrate dribbling, juggling and shooting skills i the contest and also had to answer a set of questions to break through. A total of 64 children from across the world are selected to be Official Match Ball Carriers. “This is just the beginning of Kia’s association with big-ticket sporting events. Our next initiative would probably be the Australian Open where we will try to send kids as official ball collectors on the court,” Manohar Bhat, Kia’s head of sales and marketing, said. The company renewed its long-standing association with the season’s first Grand Slam earlier this year for a period of five years. PTI PM PDSPDS
A Pair Of Biletnikoffs
1. The triangle button move from the Arizona game. It was OSU’s “welcome to 2011, we’re going to make a run at the title moment.” Well, that, and the fade Weeden threw shortly thereafter.2. The Jordan logo move he had down the sideline in Ames. It got, ahem, overshadowed by a few other things that night, but it was just another in a long line of NFL catches he’s made over his career.3. That gorgeous ball Weeden tossed him in the 4th quarter against Kansas State. Big players, big plays, big games, and such. And that was the thing about Blackmon – you always, always, knew you were getting 100 and 1 from him. Almost literally every game (he’s had a TD in 23 of his last 25 games). It’s why he’s on the Rushmore of OSU WRs with Dez and Hart Lee even though he wasn’t on their planet athletically.It’s been a blast watching him over the last few years, and while OSU might be able to replace his production, they’ll never be able to replace where he and Weeden have taken the program.Back-to-back Biletnikoffs, back-to-back All-American awards, and first-time Big 12 champs.Well done, #81, well done. If you’re looking for the comments section, it has moved to our forum, The Chamber. You can go there to comment and holler about these articles, specifically in these threads. You can register for a free account right here and will need one to comment.If you’re wondering why we decided to do this, we wrote about that here. Thank you and cheers! Photo Attribution: Corie BrianneJustin Blackmon brought home the Biletnikoff hardware on Thursday night as the second two-time receiver of the year winner (Michael Crabtree was the first). In the past two seasons Blackmon has put up 224 catches for 3,118 yards and 35 TD. A decent career, much less your sophomore and junior years.I’ve written it before, but if he wants all the Oklahoma State records, all the Big 12 records, and a run at every relevant wide receiver record in NCAA history, they’re all there for the taking next year.But of course, as ESPN “broke” to us on Wednesday night, he will be headed for millions of dollars and a professional life playing games instead. It’s a nice tradeoff, one all of us would make, and one none of us hold against him.While we’re here, my three favorite Blackmon memories from this season (in no particular order):
Brisbane Touch Championships
Men’s Open competition front runners Lazers will take on Country Club United (CCU) which will surely be a close match after previous results throughout the season. CCU looking to take the crown after being runners up in the past 2 seasons, through Michael Baartz and Brett Hughes (2009 Trans Tasman Mixed Open Squad) and Cobras Open Men’s players Sebe Rey, Tom Eyles, Tom Quinlivan and Benny Wiezorek.Lazers will rely on the brother combinations of Karl, Leon and Troy Skinner while looking for a number of touchdowns from Drumayne Dayberg-Muir.The Women’s Open final will be played between Southern Storm and Caboolture Colts. Colts, after finishing third after the rounds, knocked off Crushers in round one of the finals and then beat second placed Uni Rebels last week. Colts sister combinations of Peta & Hayley Rogerson aswell as Gemma & Nikki Ethridge will be tough to handle.Storm, while being undefeated drew with Colts earlier in the season. Storm is packed with a number of Under 18 & Under 20’s Australian Representatives guided by 2009 Trans Tasman players Sam & Emily Hopkin and Sarah Spacie.Men’s Division 2A will be contested by Dodgers and Uni Rebels Maroon. Dodgers have recoreded an undefeated season registering 8 wins and 1 draw in the tounds.Dodgers defeated Rebels in round 7 of the competition, but rebels have had some good wins in the past few weeks.Division 2B will be played out between Uni Rebels Blue and Tigers. Rebels defeated Tigers in their round clash, and when they met in the first week of the finals series. Tigers had a close win over Southern Storm and a convincing win in over CCU their other finals matches.Womnen’s Division 2A final will be played out between Southern Storm 18’s and First Contact. First Contact defeated Storm in the round matches, but Storm turned the tables with a convincing win in round one of the finals.Division 2B final is between Uni Rebels Maroon and Caboolture Colts. Colts have come from third place after the rounds to knock off Tigers and Uni Rebels Gold in finals matches. Rebels Maroon narrowly defeated Colts in round 10, 3-2.Division 2C will see Southern Storm 27’s take on Tigers 18’s. Tigers have come from finishing fourth after the rounds to beat third placed Eagles 18’s and second placed Sharks 27’s. Storm defeated Tigers 4-3 in the rounds earlier this season.Men’s 30’s division will be contested between the undefeated Eagles and second placed Southern Storm Sharks. Storm narrowly defeated Country Club United to make it into the finals, while Eagles have defeated Storm on four occasions this year.Finals Times5:00pm Field 1 – Women’s Division 2AField 2 – Men’s Division 2BField 5 – Men’s 306:00pm Field 1 – Men’s Division 2AField 2 – Women’s Division 2CField 5 – Women’s Division 2B7:00pm Field 1 – Women’s Open8:00pm Field 1 – Men’s Opens
Wisconsin Suffers Major Injury Loss Before Saturday’s Michigan Game
MADISON, WI – NOVEMBER 15: A general view of play between the Nebraska Cornhuskers and the Wisconsin Badgers at Camp Randall Stadium on November 15, 2014 in Madison, Wisconsin. (Photo by Ronald Martinez/Getty Images)The biggest game in the Big Ten this weekend is taking place in Madison, Wisc., with No. 15 Wisconsin set to host No. 12 Michigan.The Badgers have suffered a major injury loss prior to Saturday night’s game.Wisconsin star defensive lineman Isaiah Loudermilk has been ruled out for the contest.From 247Sports:Loudermilk, who was seen in a walking boot on Wednesday, has been ruled out for Saturday’s contest.The redshirt sophomore missed the season opener with a leg injury suffered in spring practice. In four games, Loudermilk tallied six tackles, one for loss, and a pass break up.In Loudermilk’s place, UW is expected to use redshirt freshman Matt Henningsen, a former walk-on, and junior David Pfaff, who saw significant snaps last week against Nebraska.Wisconsin and Michigan are set to kick off at 7:30 p.m. E.T.The game will be on ABC.
Veripos to Provide GNSS Positioning Services for …
MEO, January 27, 2014 My location Print Close zoom Singapore-based Miclyn Express Offshore (MEO), a leading provider of offshore support vessels across South East Asia, Australia and the Middle East, has awarded Veripos a five-year contract for provision of high-precision GNSS positioning services in support of its fleet of 27 ships. Under the terms of the contract, Veripos will provide MEO’s fleet with VERIPOS Ultra Precise Point Positioning (PPP) service designed to deliver decimetre-level accuracies globally along with associated integrated mobile receivers. Among the first vessels assigned to utilise the service and equipment are MEO’s new 2,000 dwt platform supply vessels, MEO Ranger and MEO Resolution, both of which have been equipped with LD5-GG2 receivers. Meanwhile, four older MEO vessels have been similarly configured to receive VERIPOS Ultra service.Commenting on the latest contract award, Walter Steedman, Veripos Chief Executive Officer, said it further consolidated the company’s continuing leadership for provision of precise GNSS positioning services for offshore applications throughout the region and beyond. 此页面无法正确加载 Google 地图。您是否拥有此网站？确定
Polysteel Atlantic Modernizes Facility Creates Jobs
Improving productivity to increase international market sales is the cornerstone of a Sydney-based manufacturer’s plan for growth. Polysteel Atlantic Ltd. is investing $1-million at its Sydney plant, including the purchase of 18 extrusion twisting machines that are integral to the production process. This investment will increase productivity and allow product diversification. To assist with this growth, the province, through Nova Scotia Business Inc., is providing the company with a five-year payroll rebate to a maximum of $332,288. The company plans to create up to 20 new jobs over the next five years. “Polysteel is an export-based company with plans to increase productivity and create new jobs in the region,” said the Premier Darrell Dexter. “Government is delivering on our commitment to create good jobs and grow the economy.” Polysteel Atlantic manufactures high tensile strength three-strand synthetic rope products which are sold around the world. “The province is making the right decisions for Nova Scotia families and we are proud to support a company that is contributing to our economy,” said Economic and Rural Development Minister Percy Paris. The company’s rope has a reputation for having twice the strength, less stretch, a higher abrasion resistance and greater resistance to extremely high UV rays than its competitors. Polysteel’s products also have the lowest cost per pound of tensile strength of any synthetic rope. “Cost competitiveness and high-quality products are vital in the manufacturing industry,” said Stephen Lund, president and CEO of Nova Scotia Business Inc. “Polysteel recognizes this and has built a company based on innovative products at competitive pricing to compete in global markets.” The company also provides customized products for customers. The new equipment will allow it to create an opportunity for further product development. “By modernizing our plant we are able to provide our customers with the customization and support they depend on,” said Sean Burke, vice-president and general manager of Polysteel. “The upgrades will also allow us to be more advanced with our product development and reach new markets.” Nova Scotia Business Inc. is Nova Scotia’s private-sector-led business development agency. NSBI is the investment attraction arm of the province and helps businesses in Nova Scotia meet growth potential through advisory services, trade development, financing and venture capital.
College student suspected to have Nipah Kerala govt closely monitors
Thiruvananthapuram: Chief Minister Pinarayi Vijayan said on Monday that the Kerala government was taking precautionary actions and closely monitoring the situation after a suspected case of Nipah virus was reported in Kochi. “The government is closely monitoring the current situation,” Vijayan said in a Facebook post and urged everyone to follow the instructions of the Health department. “No one needs to be afraid. Be alert. The Health department is all set to face any situation,” he said. The chief minister also asked people not to indulge in fake campaigns about the Nipah virus on social media. State Health Minister K K Shailaja had earlier said that a college student in Kochi was suspected to have been infected with the Nipah virus but a confirmatory report was awaited from the National Institute of Virology, Pune.
RBI asks banks to link lending rate to external benchmark from October
Mumbai: The RBI has made it mandatory for banks to link all new floating-rate loans for housing, auto and MSMEs to external benchmark like repo from October 1, a move aimed at ensuring faster transmission of policy rate cuts to borrowers. Industry and retail borrowers have been complaining that banks do not pass on the entire RBI’s policy rate (repo rate) reduction to them. In a circular issued on Wednesday, the Reserve Bank of India (RBI) said it has been observed that due to various reasons, the transmission of policy rate changes to the lending rate of banks under the current marginal cost of funds based lending rate (MCLR) framework has not been satisfactory. Also Read – Thermal coal import may surpass 200 MT this fiscalTherefore, it has now decided to make “it mandatory for banks to link all new floating rate personal or retail loans and floating rate loans to MSMEs (micro, small and medium enterprises) to an external benchmark effective October 1, 2019”, the circular said. In 2019, the Reserve Bank has already reduced the repo or short-term lending rate by 110 basis points, but the banks have reportedly passed on only up to 40 bps to borrowers. The external benchmarks, to which the banks will be required to link their lending rates, could be repo, 3-month or 6-month treasury bill yield, or any other benchmark published by the Financial Benchmarks India Private Ltd (FBIL). Also Read – Food grain output seen at 140.57 mt in current fiscal on monsoon boostThe banks have also been asked to reset the interest rate under external benchmark at least once in three months. “In order to ensure transparency, standardisation, and ease of understanding of loan products by borrowers, a bank must adopt a uniform external benchmark within a loan category; in other words, the adoption of multiple benchmarks by the same bank is not allowed within a loan category,” the RBI added. The circular further said while the banks are free to decide the spread over the external benchmark, the credit risk premium “may undergo change only” when borrower’s credit assessment undergoes a substantial change. Further, other components of spread including operating cost could be altered once in three years. Existing loans and credit limits linked to the MCLR/Base Rate/BPLR shall continue till repayment or renewal, as the case may be. The decision of the RBI assumes significance amid clamour for reducing borrowing cost to push consumer demand, which is one of the major reasons for slowdown in the economy. High frequency indicators like significant drop in auto sales and other consumer non-durable are pointing towards demand slowdown. The government has announced a slew of measures like liquidity support to the NBFC sector to further push credit disbursal. The RBI had earlier asked the banks to link the rates to extrernal benchmark from April 1, but it was deferred as the lenders wanted more time. The State Bank of India had become the first bank to link its certain loans to repo. Later, a host of other banks too started linking their loan products to repo or other external benchmarks. In August 2017, the RBI had constituted an Internal Study Group (ISG) to examine the working of the MCLR system that was put in place in April 2016. The ISG had recommended the move over to an external benchmark based lending rate system.
School superintendent says unbelievable mistake to give kids graphic sex guide
CRANBROOK, B.C. — The manager of a public health nurse says she is sorry for mistakenly giving a class of British Columbia students a sex-education guide that contained graphic images, including a picture of bondage between cartoon animals.Roger Parsonage, executive director of clinical operations for the East Kootenay region served by the Interior Health Authority, says he’s not sure why the adult booklet was distributed to students in Grades 6 and 7 after a session on sexual health.Parsonage says the nurse was teaching at Erickson Elementary School in Creston, B.C., with a student nurse when the children were given the explicit booklet containing information about sexually transmitted diseases and drug use during sex.He says material used for future classes will be reviewed by Interior Health and the school district before it’s provided to students.Parsonage says he is not sure why the booklet was brought to the school in the first place but any material that is used in future classes will be reviewed in advance by Interior Health and the school district.He says third-party material is used to teach sexual health but it must be appropriate for school-aged children.“All of us are sorry that this happened,” Parsonage says. “And we’ve apologized to the parents as well as to the school, the principal and the school district. This was a mistake that shouldn’t have occurred and we’ll take steps to ensure it won’t happen again.”Christine Perkins, superintendent of the Kootenay Lake School District, says the “unfortunate, unbelievable mistake” last week had parents complaining at a public board meeting.She says parents were shocked when children brought home the booklet, produced by a Toronto group called CATIE — the Canadian Aids Treatment Information Exchange.“I was shocked when I looked at it,” she says, adding the booklet clearly states it’s for mature audiences. “I think of myself as fairly open minded and liberal and I was appalled,” she says.Perkins says a school psychologist phoned all the parents and offered counselling at the school this week or group counselling next week but no one has taken up the offer so far.“We have increased and improved our vetting of anything that comes through the schools so we’re hyper vigilant now after this happened. It was just way too graphic and way too adult for Grade 6 and 7 students and that’s just the bottom line.” The Canadian Press
Bombardier expected to double down on CSeries sales drive in China
MONTREAL – Bombardier Inc. is expected to double down on its efforts to snag a CSeries order from China after the U.S. announced hefty duties that threaten to shut it out of the large American market.“The CSeries business is probably not viable longer term without access to the U.S. market, but Bombardier may be able to find enough international customers to still ramp up production in the next few years,” says analyst Cameron Doerksen of National Bank Financial.He said uncertainty over the overbudget aircraft remains the biggest investor concern, but anxiety can be alleviated by a new order from a large airline outside the U.S.Bombardier’s (TSX:BBD.B) shares lost more than seven per cent to close at $2.10 Wednesday on the Toronto Stock Exchange as investors weighed the prospect of a 220 per cent duty on U.S. sales of its flagship CSeries passenger jets and the European merger of two railway rivals.Analysts say the U.S. Department of Commerce’s preliminary duty decision, which was much harsher than expected, raises questions about the future of a key order for up to 125 CS100 jets by Delta Air Lines.The department ruled in favour of Boeing, which alleged that Bombardier used unfair government subsidies to sell aircraft at artificially low prices. U.S.-based Delta Air Lines has argued that Boeing doesn’t even make the 100-seat planes it needs.Bombardier’s last CSeries order for two aircraft came in December but the company has suggested it was confident of signing new deals by year-end.The Montreal-based company has been targeting buyers in Europe, Asia, Africa and the Middle East. A published report suggested talks with Chinese airlines could lead to a deal that could be announced when Prime Minister Justin Trudeau is on a state visit to the country.Bombardier didn’t respond to requests for comment about the viability of the CSeries but late Tuesday called the size of the proposed duty “absurd.”Doerksen doesn’t expect any U.S. airline will order the CSeries until the Boeing challenge is resolved. A final department ruling is expected in December, followed by a decision by the U.S. International Trade Commission on alleged injury to Boeing in February. Still, appeals could keep the CSeries out of the American market for years.That would put pressure on Bombardier since the U.S. accounts for about 26 per cent of global sales for this size of plane. That still leaves three quarters of the world open to the CSeries, said Addison Schonland of aviation consultant AirInsight.“I think the CSeries goes on,” he said in an interview. “Is the U.S. important? Absolutely, but is it critical and a must have? Maybe not.”While the ruling may not be good news for Bombardier, it’s no apocryphal, Schonland said.Quebec Premier Philippe Couillard said Bombardier, in which the province has invested US$1 billion, will continue to sell the aircraft around the world.“Boeing may have won a battle but let me tell you, the war is far from over and that we shall win,” he said in Quebec City.Aerospace rival Embraer said a WTO dispute panel will be established on Friday to review the Brazilian government’s complaint against the CSeries across the world.Analyst Richard Aboulafia of the Teal Group said Bombardier has no choice but to stay the course and hope things get better.He said Boeing may have won a hollow victory since it may have unleashed a political battle that could lead to lost military contracts in Canada and Britain and the ire of Delta, which could turn to Airbus or Embraer.“The only way Boeing could help the CSeries in some markets is by doing this,” he said. “It sends the message that they take the CSeries extremely seriously and that frankly elevates the jetliner’s status.”
Robots walk talk pour beer and take over CES tech show
LAS VEGAS — Robots that walk, talk, pour beer and play pingpong have taken over the CES gadget show in Las Vegas again. Just don’t expect to find one in your home any time soon.Most home robot ventures have failed, in part because they’re so difficult and expensive to design to a level of intelligence that consumers will find useful, says Bilal Zuberi, a robotics-oriented venture capitalist at Lux Capital. But that doesn’t keep companies from trying.“Roboticists, I guess, will never give up their dream to build Rosie,” says Zuberi, referring to the humanoid maid from “The Jetsons.”But there’s some hope for others. Frank Gillett, a tech analyst at Forrester, says robots with more focused missions such as mowing the lawn or delivering cheeseburgers stand a better shot at finding a useful niche.ROBOTS THAT DELIVERThere are so many delivery robots at CES that it’s easy to imagine that we’ll all be stumbling over them on the sidewalk — or in the elevator — before long. Zuberi says it’s among the new robot trends with the most promise because the field is drawing on some of the same advances that power self-driving cars.But it’s hard to tell which — if any — will still be around in a few years.Segway Robotics, part of the same company that makes electric rental scooters for Lime, Jump and Bird, is the latest to get into the delivery game with a new machine it calls Loomo Delivery. The wheeled office robot can avoid obstacles, board elevators and deliver documents to another floor.A similar office courier called the Holabot was unveiled by Chinese startup Shenzhen Pudu Technology. CEO Felix Zhang says his company already has a track record selling robots in China, where its Pudubot robot — which looks like shelves on wheels — navigates busy restaurants as a kind of robotic waiter.Nearly all of these robots use a technology called visual SLAM, short for simultaneous localization and mapping. Most are wheeled, though there are outliers — such as one from German automotive company Continental, which wants to deploy walking robotic dogs to carry packages from self-driving delivery vans to residential front doors.A delivery robot will need both sophisticated autonomy and a focused mission to stand out from the pack, says Saumil Nanavati, head of business development for Robby Technology. His company’s namesake robot travels down sidewalks as a “store on wheels.” The company recently partnered with PepsiCo to deliver snacks around a California university campus.ROBOTS FOR DOGSDoes man’s best friend need a robotic pal of its own? Some startups think so.“There’s a big problem with separation anxiety, obesity and depression in pets,” says Bee-oh Kim, a marketing manager for robotics firm Varram.The company’s $99 robot is essentially a moving treat dispenser that motivates pets to chase it around. A herd of the small, dumbbell-shaped robots zoomed around a pen at the show — though there were no canine or feline conference attendees to show how the machines really work.Varram’s robot takes two hours to charge and can run for 10 hours — just enough time to allow a pet’s guilt-ridden human companion to get home from work.ROBOTS ON GRANDPARENT WATCHSamsung is coming out with a robot that can keep its eye on grandparents.The rolling robot can talk and has two digital eyes on a black screen. It’s designed to track the medicines seniors take, measure blood pressure and call 911 if it detects a fall.Samsung didn’t say when Samsung Bot Care would be available, but some startups are putting similar ideas in action. Israeli company Intuition Robotics used CES to announce the upcoming commercial launch of ElliQ, a robotic voice assistant that can sit on end tables and help older adults communicate with family members without having to fiddle with a computer.ROBOT FRIENDSLovot is a simple robot with just one aim — to make its owner happy.It can’t carry on long conversations, but it’s still social — approaching people so they can interact, moving around a space to create a digital map, responding to being embraced.Lovot’s horn-shaped antenna — featuring a 360-degree camera — recognizes its surroundings and detects the direction of sound and voices.Lovot is the brainchild of Groove X CEO Kaname Hayashi, who previously worked on SoftBank’s Pepper, a humanoid robot that briefly appeared in a few U.S. shopping malls two years ago. Hayashi wanted to create a real connection between people and robots.“This is just supporting your heart, our motivation,” he says.___AP video journalist James Brooks contributed to this report.___This story has been corrected to say that robots pour beer, rather than brew.Matt O’Brien And Joseph Pisani, The Associated Press
Worries that China trade talks are stalling weigh on stocks
BANGKOK — Asian shares are mixed as investors fret over the status of China-U.S. trade talks after U.S. benchmarks closed mostly lower.Japan’s Nikkei 225 index lost 0.4 per cent to 21,475.97 Thursday while the Shanghai Composite also fell 0.4 per cent, to 2,943.42. The Kospi in South Korea dropped 0.6 per cent to 2,222.19. But Australia’s S&P ASX/200 edged 0.1 per cent higher to 6,155.40 and the Hang Seng in Hong Kong also rose 0.1 per cent to 28,785.57.Comments from a key U.S. trade negotiator stoked doubts overnight over how much progress was being made on resolving the trade war between the U.S. and China.There was more discouraging economic news from China, where a survey released Thursday showed manufacturing activity fell to a three-year low in February amid the tariff battle with Washington.The monthly purchasing managers’ index by the government statistics bureau and an industry group fell 0.3 points to 49.2 on a 100-point scale on which numbers below 50 indicate activity contracting. That was the lowest level since February 2016.Chinese manufacturers have been hurt by President Donald Trump’s punitive tariffs in a fight over Beijing’s technology plans and cooling consumer demand at home and abroad.The trade battle and has rattled Chinese consumers, some of whom say they are putting off big purchases until the economic outlook is clearer. That sets back Beijing’s campaign to nurture self-sustaining economic growth based on domestic consumption instead of exports and investment.“Unless the trade war truly turns into an extended truce, the weakening trend may not end quickly,” Irene Pang of ING said in a report.Major U.S. stock indexes closed mostly lower Wednesday after wavering for much of the day between small gains and losses. Health care, communications and technology companies took the heaviest losses, while financial, industrial and energy stocks notched gains.Stocks headed broadly lower in early trading after U.S. Trade Representative Robert Lighthizer told a panel of lawmakers that “much still needs to be done” before the U.S. and China can reach an agreement. China has offered to make major purchases of U.S. goods, such as soybeans and natural gas, in a bid to resolve the conflict, but Lighthizer said such steps wouldn’t be enough.“The issues on the table are too serious to be resolved with promises of additional purchases,” he said. “We need new rules.”President Donald Trump has postponed increasing tariffs on $200 billion in Chinese goods that would have been effective March 2. He has not given a new date for the higher tariffs if negotiations falter.WALL STREET: The S&P 500 index dropped 1.52 points to 2,792.38 and the Dow Jones Industrial Average gave up 0.3 per cent, to 25,985.16. The Nasdaq composite gained 0.1 per cent to 7,554.51, while the Russell 2000 index picked up 0.2 per cent to 1,581.05. Major indexes in Europe declined.ENERGY: U.S. crude lost 5 cents to $56.89 per barrel in electronic trading on the New York Mercantile Exchange. It climbed 2.6 per cent to settle at $56.94 a barrel on Wednesday. Brent crude, used to price international oils, slipped 21 cents to $66.37 per barrel. It gained 1.9 per cent to close at $66.58 a barrel in London.CURRENCIES: The dollar declined to 110.90 yen from 110.99 yen on Wednesday. The euro strengthened to $1.1378 from $1.1367.___AP Business writers Damian J. Troise and Alex Veiga contributed.Elaine Kurtenbach, The Associated Press
Judge orders Montana congressman photographed fingerprinted
by Matt Volz, The Associated Press Posted Aug 21, 2017 2:17 pm MDT Last Updated Aug 21, 2017 at 9:40 pm MDT AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to RedditRedditShare to 電子郵件Email HELENA, Mont. – A judge has ordered Montana Rep. Greg Gianforte to be photographed and fingerprinted for assaulting a reporter, opening the possibility of political opponents using the congressman’s mug shot next year when he is up for re-election.Justice Court Judge Rick West ordered Gianforte, a Republican, to report by Sept. 15 to the jail in Bozeman to be booked for the assault charge.“Greg remains focused on meeting with Montanans from all of the state’s 56 counties and being a strong voice for Montana in Washington,” Gianforte spokesman Travis Hall wrote in an emailed statement. “Attorneys are reviewing the order and considering options for appeal.”The judge issued the order last week, and it was first reported Monday by the Bozeman Daily Chronicle.Gianforte had argued he should not have to be photographed and fingerprinted because he was never formally arrested for attacking Ben Jacobs, a reporter for Britain’s the Guardian newspaper. Jacobs was trying to ask Gianforte a question about health care legislation when the assault occurred on May 24, the eve of Gianforte’s election.Prosecutors countered that Gianforte, even though he pleaded guilty to a misdemeanour without being arrested, was still subject to the formal booking process at the Gallatin County Detention Center.Jacobs said Gianforte “body-slammed” him and broke his glasses. Audio recorded by Jacobs documented the sounds of a scuffle followed by Gianforte yelling, “Get the hell out of here!”Gianforte’s campaign initially characterized Jacobs as the aggressor, but Gianforte pleaded guilty to the misdemeanour charge in June and said in an apology letter that he alone was responsible for the attack.The day after the assault, Gianforte defeated Democrat Rob Quist in a special election to replace Interior Secretary Ryan Zinke as Montana’s only congressman. Gianforte has already filed paperwork to run for re-election in 2018 and has one Democratic challenger so far, Billings attorney John Heenan.Gianforte contested the judge’s original order that he be booked, fingerprinted and photographed. His attorneys said the judge did not have authority to order a defendant to be photographed or fingerprinted and argued Gianforte was exempt from the requirements because he was charged with a misdemeanour, not a felony.West said in his order, signed Thursday, that the court has the authority to order fingerprinting and photographing. If Gianforte doesn’t comply by Sept. 15, he will be in contempt of court, West wrote.It’s virtually guaranteed that Democrats will use a Gianforte mug shot to try to persuade voters not to vote for him in the next campaign. Montana Democratic Party spokesman Roy Loewenstein said Monday the mug shot is part of Gianforte’s story.“We’re intending to help explain to Montana voters who Gianforte is,” Loewenstein said. “We’re going to make sure they see the complete record.”Gianforte was fined $385 and ordered to complete 40 hours of community service and 20 hours of anger management counselling. He also apologized to Jacobs and gave $50,000 to the Committee to Protect Journalists.Gianforte plans to work off his community-service sentence with a Bozeman organization that builds custom wheelchairs for children.___This version corrects that the order was issued on Thursday, not Friday. FILE – In this June 20, 2017 file photo, Rep.-elect Greg Gianforte responds to questions at his home in Bozeman, Mont., about an election-eve confrontation with a reporter. A judge has ordered Gianforte to be photographed and fingerprinted for assaulting a reporter, opening the possibility of the congressman’s mug shot to be used by political opponents next year when Gianforte is up for re-election. (AP Photo/Bobby Caina Calvan, File) Judge orders Montana congressman photographed, fingerprinted
Opinion 4 key players behind Oregons success
Oregon then-redshirt-junior defensive back Erick Dargan runs back an interception during a game against Kansas State in the Tostitos Fiesta Bowl at the University of Phoenix Stadium on Jan.3, 2013. Oregon won, 35-17.Credit: Courtesy of TNSDALLAS — The Oregon Ducks proved their depth with a 59-20 thrashing of Florida State in the Rose Bowl, but the team has thrived throughout the season on both sides of the ball.When the Ducks take on Ohio State in the College Football Playoff National Championship, there will be a number of key players on offense and defense whom the Buckeyes will have to pay attention to. Offense:Marcus Mariota, redshirt-junior quarterbackFor obvious reasons, Mariota is the main focus for the Buckeye defense heading into the College Football Playoff National Championship.The Honolulu native accounted for 56 total touchdowns on his way to the Heisman Trophy this season, and totaled more than 4,800 yards to spearhead the Ducks’ attack. He’s been the starter in Eugene, Ore., for three seasons, but Mariota still found time to praise the players around him for the offense’s success this year.“It’s like being a point guard on a basketball team,” Mariota said Saturday. “It’s fun to dink and dunk and watch those guys make plays.” Defense:Erick Dargan, redshirt-senior defensive backLike Marshall, Dargan has had success throughout the season when it comes to catching the football.The main difference is, his catches come from the opposing team.Dargan is tied for third in the nation with seven interceptions this season, and said his ball-hawking ability comes from his preparation and increased knowledge of the game.“I’m just around the ball,” he said. “Understanding the defense a lot better, understanding where the ball might go within the defense on certain calls, and just making plays when they present themselves.”But forcing turnovers isn’t all Dargan can do, as he also leads the team with 90 total tackles and has added 2.5 tackles for loss. Byron Marshall, junior running backMarshall is listed as a running back, but has played the part of a pass-catcher for most of the season.He leads the team with 66 receptions and 834 receiving yards and has caught five touchdowns through 14 games. But Marshall has still been involved with the running game, racking up 383 yards and another score on the ground.On Saturday, Oregon coach Mark Helfrich said Marshall has taken the switch to receiver in stride on his way to becoming a key part of the Ducks’ offense.“We know what he can do as a tailback, we know what he can do as a receiver, and we’ll just continue pushing that envelope,” Helfrich said. “But I think just from a selflessness standpoint, it was a great move for him and our team.” DeForest Buckner, junior defensive linemanBuckner and his defensive teammates might not get as much attention as Mariota and the Oregon offense, but he’s found a way to be disruptive to opponents throughout the season.Buckner has totaled 73 tackles with a team-high 13 tackles for loss, and he sits fourth on the team with four quarterback sacks. He’s also tallied a trio of quarterback hits and forced one fumble.OSU redshirt-sophomore quarterback Cardale Jones — the player Buckner will likely be going after for much of the game Monday night — said the Oregon defense is an underrated part of the team’s success.“They don’t get as much credit as they deserve,” Jones said. “One thing that really sticks out to me is the way they play as a unit. They don’t blow many coverages. They don’t miss many tackles. They don’t make many solo tackles. There’s a lot of guys to the ball.”While playing his role in that unit, Buckner has been disruptive in pass defense as well, registering four pass break-ups so far this season.The Buckeyes and the Ducks are set to square off at 8:30 p.m. EST Monday in Arlington, Texas, with the first-ever College Football Playoff National Championship on the line.
Government wont use Bank of Ireland stake to oppose Bouchers €843k salary
BANK OF IRELAND shareholders are expected to approve an €843,000 pay packet for the chief executive of Bank of Ireland later this morning, after the government said it would not use its own stake in the bank to vote against it.Junior finance minister Brian Hayes said yesterday that the government’s policy was not to use its shareholding in the country’s banks to determine pay levels – and that it would instead wait for banks to return their own proposals for how to tackle pay.Last night a slew of Labour backbench TDs called on the government to utilise its 15 per cent stake in the bank – accrued through a €4.7 billion taxpayer bailout of the bank – to vote against Boucher’s salary, which is well above the government’s €500,000 salary cap for bank employees.A resolution confirming the pay for the chief executive and other senior staff will be considered at the bank’s Annual General Meeting in Ballsbridge this morning.Bank of Ireland’s annual report revealed that Boucher could actually have received a total pay packet of €910,000 – but he had waived €67,000 of his salary.Kevin Humphreys, Robert Dowds, Anne Ferris, Ann Phelan and Arthur Spring all said it was inappropriate that when other workers around the country were facing pay cuts or an uncertain future, the chief executive of a bank saved by public money could be paid so much.However, Hayes told the TDs that the government’s policy was to manage the banks on an ‘arm’s-length’ basis – meaning the government would not use its 15 per cent stake in the bank to directly vote on pay matters.“These frameworks, which are bank-specific, are published on the website of the Department of Finance, having been agreed with our international partners, the Troika,” Hayes said, saying each bank was expected to delivery a strategy on how to cut pay by the end of April.‘Up to banks to decide how to cut pay’“However, I expect that any measures proposed will require sacrifices at all employee levels and strong leadership to be exercised by the banks in delivering in a timely manner. The stakes for all are high,” Hayes said.He said that Bank of Ireland was complying with policies on banking pay, however – saying the previous government had authorised Boucher’s pay in excess of the salary cap, but said: “I am reluctant to discuss the remuneration details of an individual on the floor of the House.The strong legal advice available to this and previous Governments is that pre-existing contractual commitments have to be honoured. In the case of the new CEO appointments at AIB and Permanent TSB, respectively, the Minister ensured the policy on remuneration was observed and it continues to be held.Kevin Humphreys said the request wasn’t a case of asking a minister “to interfere in the day-to-day operations of the banks – rather, I am asking him to operate the taxpayer’s 15 per cent shareholding.”Illustrating frustration among Fine Gael backbenchers as well as Labour TDs, Robert Dowds said his Fine Gael colleague Peter Mathews had illustrated Boucher’s pay as being “the equivalent of nine Deputies’ salaries.”Arthur Spring urged finance minister Michael Noonan to use the 15 per cent shareholding “on behalf of the people”.Read: Bank of Ireland CEO received total pay of €843,000 last year
The Central Bank Governor on why deposit limits are not targets but
Wednesday 23 Nov 2016, 2:47 PM Tweet thisShare on FacebookEmail this article 94 Views By Philip Lane Short URL Share9 Tweet Email1 http://jrnl.ie/3097627 Governor, Central Bank of Ireland Philip Lane 13 Comments IT IS OFTEN assumed that the mortgage measures are of relevance only to house buyers. This is not the case.In line with the Central Bank’s mission to safeguard stability and protect consumers, the mortgage measures are central in ensuring the stability of the financial system as a whole. And every person has a stake in that crucial objective.In Ireland, we know only too well the painful problems caused by reckless lending and over-indebtedness.The mortgage measures are designed to ensure that banks lend sensibly, house buyers do not over-borrow and excess credit does not build up within the Irish financial system.Given the importance of this framework, it is wise to review the mortgage measures on a regular basis.Today’s review is based on wide-ranging analysis by the staff of the Central Bank and has benefited from the approximately fifty external submissions we received from our public consultation process over the summer.Overall, the review has confirmed that the mortgage measures have been successfully implemented – the banks are operating within the measures, leading to sensible lending patterns, which in turn are contributing to financial stability. The overall framework is appropriate.The evidence shows that the probability of default for mortgages taken out under the measures is lower. Put simply, those who bought properties under the measures are better prepared to manage their mortgage payments in the event of a future downturn in the economy.The framework requires borrowers to satisfy two requirements: A maximum loan to income (LTI) ratio and a minimum deposit relative to the size of the loan, known as the loan to value (LTV) is not too high.Excessively high LTV ratios fail to provide sufficient insulation in the event of a downturn in house prices, pushing borrowers into negative equity. The Central Bank says that the rules are to guard against spiralling credit rather than rising house prices. Source: AP/Press Association ImagesTime for changeToday, we are announcing some limited refinements to improve the effectiveness and sustainability of the LTV regulations, ensuring a more durable framework for the long-term.All first-time buyers will now be required to provide a minimum deposit of 10% of the value of the property, with the LTV ceiling set at 90%.This replaces the current system whereby a deposit of 10% was required on the first €220,000 of the price of a property and 20 per cent on the balance above €220,000.The requirement for second and subsequent buyers to provide a minimum deposit of 20% when taking out a mortgage remains unchanged.The buy-to-let requirements also remain unchanged, requiring investors to raise a minimum 30% deposit.Why the change in the case of first-time buyers?There are two main reasons for this refinement. First, the current system is complex and would require regular updating, given that the economic and financial impact of the €220,000 threshold would necessarily shift in line with the evolution of incomes, house prices and other factors.Under the new system, the measures should require adjustments only if wider macro-financial conditions – such as material shifts in credit patterns or financial stability conditions – warrant revisions.As an illustration, this simplification shifts the LTV ceiling for a €300,000 mortgage from 87.3% under the previous system to 90%.Second, there was evidence at the time of the introduction of the measures showing that first-time buyers defaulted less than second-time and subsequent buyers, with the differential in default probabilities especially strong in the case of lower-valued properties.However, the most recent data show that the differential in default probabilities is no longer weaker for higher-value homes than for lower-valued homes, eliminating an important justification for the current asymmetric treatment of lower-valued and higher-valued properties in the LTV regulations. A new estate agents shop advertising private houses in Kilcullen Village in Co Kildare. Source: Eamonn Farrell/Photocall IrelandWe are also refining the degree to which lenders can grant loans in excess of the LTV limits for a limited percentage of their loan books.Providing some capacity to lend in excess of the LTV limits allows banks to take into account the specific circumstances of individual borrowers, which sometimes may justify a higher LTV ratio.There will now be separate allowances for first-time buyers and second and subsequent buyers.In the long-term, this will give the Central Bank flexibility to adjust these specific limits in a calibrated way if threats to financial stability emerge.The 20% allowance for banks to lend in excess of the LTI ceiling remains unchanged.Finally, we have also decided to extend the current valuation period from two months to four months, to take account of the fact that some sales can take longer than the average of three months.It is critically important to appreciate that our framework sets limits on the size of mortgages: the LTI and LTV ratios are not targets but ceilings.In buying a home, households should take into account the risk protections offered by higher deposits, meaning they have less reliance on mortgage debt.Equally, lenders should assess the loan-bearing capacity of each mortgage customer and restrict the size of the mortgage if indicated by the credit risk analysis.Everybody gains from the prudent borrowing and lending patterns that are essential for a stable financial system: this is precisely what the Central Bank is seeking to protect through its mortgage measures.Philip Lane is Governor of the Central Bank of Ireland. He is a Professor of Political Economy at Trinity College Dublin and a former assistant professor at Columbia University. He graduated with a PhD in Economics from Harvard University in 1995. Nov 23rd 2016, 2:47 PM The Central Bank Governor on why deposit limits are ‘not targets but ceilings’ Governor Philip Lane explains why the Central Bank wants to make things easier for first-time buyers.
Man in his 30s stabbed repeatedly by gang of youths in Longford
Man in his 30s stabbed repeatedly by gang of youths in Longford The incident happened just after 8.30pm last night. 44 Comments Short URL Tweet thisShare on FacebookEmail this article Mar 18th 2017, 10:03 AM Saturday 18 Mar 2017, 10:03 AM http://jrnl.ie/3294289 Share Tweet Email3 New Street, Longford Town Source: Google MapsA MAN IN his 30s has been seriously wounded after suffering multiple stab wounds in an assault in Co Longford.The incident happened on New Street in Longford Town just after 8.30pm on St Patrick’s Day.The man “suffered apparent stab wounds when he was assaulted by a number of youths” according to a Garda spokesperson. He has been taken to Midland Regional Hospital in Mullingar, where his condition is understood to be critical.An 18-year-old man and two male juveniles were arrested in connection with the crime a short time later. They are currently being detained at Longford Garda Station.The scene of the incident has been preserved pending a technical examination. Investigations are ongoing according to gardaí.They have appealed for any witnesses or anyone who has information regarding the incident to contact them at Longford Garda Station on 043 3350570, on the Garda Confidential Line on 1800 666111, or at any Garda station.Read: Man shot dead at Paris airport after taking soldier’s gunRead: Man to appear in court this morning in connection with fatal Artane stabbing By Cianan Brennan 31,138 Views
Half a century of experience in teaching Greek
For more than five decades the Greek Orthodox Community of Oakleigh and Districts has been educating children in the Greek language, establishing itself as an integral stakeholder in the local and wider Greek community.Last year saw the introduction of many new and exciting curriculum initiatives at Sts Anargiri Greek Language Centre. Apart from the traditional Greek dance classes that are conducted at the school, a music program was offered to students. A number of students undertake bouzouki lessons in group and private sessions conducted in a formal setting with a music curriculum developed based on each individual student’s level of competency. Advanced classes have also been added to the curriculum to accommodate students who have recently arrived from Greece or those wanting to deepen their Greek language skills in an engaging and challenging setting. The curriculum covered in the advanced classes is based on that taught in schools in Greece.A number of students undertook the examination for the Certificate of Attainment in the Greek Language, achieving excellent results in comparison to other schools in the local area. Students were well supported by their teachers in preparing for this examination, with many extra sessions designed to provide students with the utmost opportunity to achieve the best possible outcome. As of 2015, Sts Anargiri Greek Language Centre became one of only a handful of schools throughout Victoria offering Classical Greek as a VCE subject. This provides students with an opportunity to not only study the ancient Greek language but also gain valuable extra points on their ATAR score. Now 2016 is looking to be another exciting year as the school aims to build on developing the curriculum to meet the needs of students while also providing many more opportunities for them to immerse themselves in the Greek language through engaging learning programs. A cultural program will be introduced, providing those students who choose to participate with engaging activities to develop their Greek language skills even further through song, dance and drama. Another key focus in 2016 will be to encourage students and parents to engage in the Greek language outside of the classroom setting, and the school aims to assist in equipping students and parents with tools and strategies in order to do this successfully. This year the school will also be looking to extend its educational offerings to adult learners. The introduction of adult Greek language classes this year will provide an excellent opportunity for those wishing to learn Greek by undertaking a course specifically designed to cater for the needs of adult learners. If you wish to improve your skills and knowledge of Modern Greek or simply want to experience the richness of the Greek language, then this course is perfect for you. Making the right choice about your child’s education is of utmost importance for their future. Therefore, it is important to take into consideration what the school can provide in order to achieve the best possible outcomes for their learning. Facebook Twitter: @NeosKosmos Instagram