Shakhtar want more than €50m for Man Utd target Fred

first_imgTransfers Shakhtar want more than €50m for Man Utd target Fred Kris Voakes Man Utd Correspondent 19:45 5/25/18 FacebookTwitterRedditcopy Comments() Fred Shakhtar Donetsk Getty Images Transfers Manchester United Shakhtar Donetsk Premier League Premier League The Ukrainian side’s president says he’s expecting to receive more for the midfielder than Jiangsu Suning paid him for Alex Teixeira Manchester United have been warned they will be expected to exceed Manchester City’s previous offer of €50 million if they are to sign Fred from Shakhtar Donetsk.The midfielder was the subject of an approach from Premier League champions City in the winter but the Ukrainian outfit rejected the bid.And while United are now the club leading the charge for the Brazil international, Shakhtar president Rinat Akhmetov insists that he is expecting offers this summer to be no lower than the one which City submitted in January. Article continues below Editors’ Picks Goalkeeper crisis! Walker to the rescue but City sweating on Ederson injury ahead of Liverpool clash Out of his depth! Emery on borrowed time after another abysmal Arsenal display Diving, tactical fouls & the emerging war of words between Guardiola & Klopp Sorry, Cristiano! Pjanic is Juventus’ most important player right now “You know that we had negotiations with Manchester City this winter, and there was an official offer – a very big figure,” Akhmetov told Futbol 1. “They offered us around €50m for Fred. And we had enough strength to reject it, because we were playing in the Champions League, we were finishing the Ukrainian League campaign.“We won the championship and the cup – in principle, our decision was correct. And I am convinced that we will receive and are receiving no less interesting proposals than that from Manchester City.”There have been reports that Shakhtar could hold on until Fred’s alleged release clause of €60m is met, but Akhmetov admits that the club cannot insist on a particular fee if the market does not allow it.“We’ll get exactly the amount he costs,” he added. “We can’t get a dollar if the player costs 50 cents. We don’t want to sell him for 50 cents if the football player costs a dollar.“This will be a market price, the fair price, and it will be beneficial both for the club inviting Fred and for us. That is, I can somewhat feel that Fred will be more expensive than Fernandinho and [Alex] Teixeira.”Rinat Akhmetov Shakhtar Donetsk 12022013Fernandinho left Shakhtar for Manchester City in 2013 for €40m while Alex Teixeira joined Jiangsu Suning three years later for €50m, and a deal worth more than that for Fred would break the Donetsk outfit’s record for transfer fee received.United appear to be the runaway favourites to land the central midfielder’s signature at this point, with the Red Devils hoping to try to push a deal through before the start of the World Cup on June 14.Manager Jose Mourinho has spoken previously of his desire to build his squad for next season during the early weeks of the summer transfer market, while the Premier League deadline for incoming deals has also been brought forward this year to August 9.last_img read more

MAN Extends China Engine Deal

first_imgzoom MAN Diesel & Turbo has renewed its contract with Chinese two-stroke licensee, China Shipbuilding Industry Corp. (CSIC) for the next 10 years.The contract covers the production of low-speed engines at CSIC affiliates: Dalian Marine Diesel (DMD), Yichang Marine Diesel Engine (YMD), and Qingdao Haixi Marine Diesel (QMD).Klaus Engberg, Senior Vice President and Head of MAN Diesel & Turbo Two- Stroke Licensing, said: ‘‘CSIC is a very important partner for us in China. We have had a license agreement with them since 1980, a collaboration that was furthered just last year with the addition of QMD, which has already successfully landed orders for MAN Diesel & Turbo engines and whose state-of-the-art facility positions them well for future success.”last_img read more

Golden Ocean, Knightsbridge Set Date for Merger Approval

first_imgzoom Dry bulk shipping companies Golden Ocean Group and Knightsbridge Shipping have chosen March 26 to hold a special general meeting and finalize the merger talks.If the shareholders approve the plan, the companies expect to conclude the merger by the end of March 2015, subject to the execution of certain definitive documents, customary closing conditions and regulatory approvals.The merger was announced back in October. The combined company, with Knightsbridge as the surviving entity, will be renamed Golden Ocean Group Limited and will operate a fleet of 72 vessels, of which 34 are newbuildings under construction as of December 31, 2014.The companies ended 2014 on different notes, with Golden Ocean posting a fourth quarter net loss of USD 135.1 million, while Knightsbridge ended the same period with a USD 5.3 million net profit.Golden Ocean attributes the fourth quarter loss to a decrease in the net operating income, down by USD 120.6 million and net financial items, down by USD 2.7 million.Looking ahead, the companies say the market in the first quarter has been disappointing so far and this will affect the earnings for the first quarter.Future earnings will continue to correlate with the spot market as long as the majority of the companies’ vessels are employed in the spot market. Should the weak market continue it will force changes on the industry, some participants will disappear, and it will open up for consolidation and for those that have stamina to stand through this period there will be opportunities in the other end.During a period with a weak market the companies expect to see increased scrapping, postponed orders, cancellations and conversions, and in long term it will cater for better fundamentals for an upturn in the market in the future.last_img read more

Feds to introduce codeveloped legislation on Indigenous child services in 2019

first_imgOTTAWA — The Liberal government says it will introduce federal legislation on Indigenous child and family services in the new year, written in co-operation with Indigenous groups.Indigenous Services Minister Jane Philpott says Canada has taken Indigenous kids from their families for more than a century through residential schools and child-welfare agencies.Philpott says this proposed legislation will end that. She says taking kids away because their families live in poverty or because they have unresolved health issues will not be allowed.Philpott made the announcement in the House of Commons foyer today alongside Assembly of First Nationals National Chief Perry Bellegarde, Inuit Tapiriit Kanatami President Natan Obed, and Métis National Council President Clément Chartier.Indigenous children are more than 50 per cent of the children in foster care in private homes in Canada, according to government figures, and they face greater risks of having health problems and being incarcerated.Bellegarde says legislation co-developed with First Nations is an important step toward fixing the system, and Obed called it an “unprecedented initiative” that will ensure the survival, dignity and well-being of families, communities and nation for generations to come. The Canadian Presslast_img read more

Pharrell Williams Happy Planet Happy People

first_imgIn a year when the world is coming together to support a new set of global goals – the most comprehensive attempt in history to fight poverty and create prosperity while protecting people and the planet – Pharrell Williams is partnering with the United Nations Foundation, with support from Google, to move people to take action on the United Nations’ International Day of Happiness on Friday, March 20, with an emphasis on reaching out to young people and engaging them on the issue of climate change.Taking the day to a new and global level, they will mobilize people around the world to stand in solidarity with those already feeling the effects of climate change, and urge world leaders to take climate action now to build a better world and a happy planet.“2015 is a critical year of opportunity for global action to achieve the future we want. For health and economic development – for the happiness of every person – we must use smart new ways to address climate change,” said Kathy Calvin, President and CEO of the UN Foundation. “The UN Foundation is proud to join forces with Pharrell to support United Nations efforts for a better world.”“In a year where there is so much turmoil in the world, from social conflict to climate change, we need moments to stop and celebrate happiness,” said Pharrell Williams. “Protecting our planet is fundamental to the pursuit of human happiness and that is why we have chosen to support Live Earth’s movement to raise a billion voices for climate action. We believe that happiness can change the world.”Happy planet = happy peopleTo protect people, we need to protect our planet. Climate change is a threat to many of life’s basic needs: water, food, shelter, and safety. When those needs are not met, economic, social and environmental crises get worse.This year, the world has an opportunity to reach a new global agreement to take action on climate change. For the UN’s International Day of Happiness, Pharrell and the UN Foundation are driving supporters to sign the Live Earth petition, bringing together 1 billion voices with one message: Take climate action now! Sign the petition urging world leaders to commit to tackling climate change by adopting a new global agreement on climate at the summit in Paris this December.Convening digitally via the world’s largest online ‘Happy Party’Pharrell is inviting people around the globe to come together in an innovative way by joining the world’s largest “Happy Party,” raising awareness together and demanding climate action. Starting March 17, people around the world can join the Global Happy Party at by uploading photos of themselves that will be transformed into an animated dancing image to the tune of Grammy award-winning song “Happy.” Using Google Maps technology, people will be able to see participation and encourage others to join across the globe and to sign the Live Earth climate petition. Follow the hashtags #happyday and #happyplanet.Other supporters of the 2015 United Nations International Day of Happiness: • Pandora: Pandora (NYSE: P), the leading internet radio service, is partnering with Pharrell Williams to help raise awareness of the United Nations’ International Day of Happiness. Pharrell is curating an exclusive mixtape, featuring artists as diverse as Daft Punk, Bjork, Michael Jackson, U2, and Weezer. Listen HERE. While they are listening, Pandora listeners will be able to link to “Pharrell’s Happy Party” and upload “happy” images of themselves, essentially creating one massive, festive GIF. • Empire State Building- On behalf of the United Nations Foundation, Pharrell Williams will light the Empire State Building yellow on Friday, March 20, at 2:00 p.m. in a special ceremony honoring the International Day of Happiness. Joining Pharrell Williams will be Aaron Sherinian from UN Foundation, Kevin Wall and Aaron Grosky from Live Earth, as well as a representative from the United Nations. The Empire State Building will light up the skies from sunset on March 20 until 2:00 a.m. on March 21 to promote happiness and well-being as universal goals and aspirations in the lives of people across the world. • National Geographic Kids: National Geographic Kids is celebrating International Day of Happiness with a photo challenge on its MyShot kids photography community. Budding photographers are encouraged to take a picture of what makes them happy and tag it #happy. Pharrell Williams will pick his favorite image and it will be published in a fall issue of National Geographic Kids magazine. Kids are also encouraged to take a pledge to make the planet happy by visiting the National Geographic Kids Happy Page here. • 100 Happy Days: Can the world be happy for 100 days in a row? 100happydays and the United Nations Foundation encourage every person to find happiness in their daily life during the 100 day marathon in all 193 countries starting on March 20. To participate, share a picture of what makes you happy with #happyday and #100happydays hashtags for 100 days. Watch happiness taking over the world at and get inspired with what makes the world and each participating country happier. At the end of the challenge, 100 most inspirational happiness stories will be collected into a book available for donations to the UN Foundation and 100happydays Foundation. • Mix Radio: A host of global superstars have teamed up with the United Nations and with the support of music streaming service MixRadio have launched the #HappySoundsLike campaign, marking and raising awareness of International Day of Happiness. Recognizing that music has the power to inspire hope for a better tomorrow, international artists including Ed Sheeran, Paloma Faith, AR Rahman, David Guetta, Rita Ora, Cody Simpson and John Legend have contributed the track that makes them happiest to create the international and inspirational playlist #HappySoundsLike. Fans are also asked to share the track, idea or thought that makes them happiest with the hashtag #HappySoundsLike.United Nations’ International Day of HappinessIn 2012, the General Assembly of the United Nations proclaimed March 20 the International Day of Happiness, recognizing the relevance of happiness and well-being as universal goals and aspirations in the lives of human beings around the world, and the importance of their recognition in public policy objectives. UN Secretary-General Ban Ki-moon underscored the centrality of happiness through his powerful message: “Happiness may have different meanings for different people. But we can all agree that it means working to end conflict, poverty and other unfortunate conditions in which so many of our fellow human beings live. The pursuit of happiness lies at the core of human endeavors.”For more information on the 2015 International Day of Happiness go to or follow the hashtags #happyday and #happyplanet.last_img read more

New York City bans alcohol ads on city property

New York Mayor Bill de Blasio has announced a ban of alcohol advertising on city property.The ban, which takes effect immediately, applies to bus shelters, newsstands, Wi-Fi kiosks and recycling kiosks. Venues currently permitted to sell alcohol, such as restaurants, stadiums and concerts halls, are exempt.Existing ads will also be allowed to remain until their contracts end.The health commissioner, Dr. Oxiris Barbot (OHK’-see-rees bahr-BOH’), says there are “far too many deaths related to alcohol.”The deputy mayor for health and human services, Dr. Herminia Palacio, says ads can influence how much people drink and how young they are when they start.A Metropolitan Transportation Authority ban on advertising alcohol beverages on all New York City buses, subway cars and in stations took effect in January 2018.The Associated Press read more

JeanPierre Blais named new head of CRTC

OTTAWA — Jean-Pierre Blais has been named the new chairman of the Canadian Radio-television and Telecommunications Commission.The longtime civil servant replaces Leonard Katz, who was appointed acting CTRC chairman in January after Konrad von Finckenstein ended his five-year term as head of the broadcast regulator.In a news release, Prime Minister Stephen Harper described Blais as well-qualified for the position, having held senior positions in government as well as at the CRTC itself.“I wish him all the best as he takes on the challenges of his new role,” Harper said.The appointment is effective for five years.Blais takes over the regulator at a time of rapid change in the industry, in particular the explosion of broadcasting online.[np-related]New Internet frontiers for broadcasting have created challenges for the CRTC because it doesn’t regulate the web.Upon leaving his post in January, von Finckenstein suggested the new environment requires a new form of regulation.“Whether you talk, whether you send video, whether you send a fax, an email … it’s just bits that are being sent over the same wire,” he said in an interview.“That has completely changed our traditional definition of broadcasting and telecom. It’s now essentially the same thing.”Von Finckenstein called for a single law that would cover both sectors and a single regulator for broadcasting, telecom and even wireless spectrum — an area currently managed by Industry Canada.“It’s time to review this legislation, it’s 20 years old,” he said. “We want a system that carries bits, carries them efficiently and gives Canadians as much access as possible.”Von Finckenstein and the Conservatives butted heads several times during his tenure on issues such as how Internet companies bill their subscribers and foreign ownership of telecom companies.Just after he left, the Tories announced they were lifting foreign-investment limits on small telecom firms.But Blais’ recent positions at Treasury Board and Canadian Heritage suggest he’s likely to have a far more cordial relationship with the government.Decisions he’s facing include whether to create a national set of standards for wireless telephone contracts.The regulator is also reviewing whether to allow CBC to run ads on some of its French-language radio channels as the broadcaster grapples with a major budget shortfall. read more

Crude oil rises to US9784 a barrel on labour market news cold

by The Associated Press Posted Feb 6, 2014 1:38 pm MDT AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to RedditRedditShare to 電子郵件Email Crude oil rises to US$97.84 a barrel on labour market news, cold weather NEW YORK, N.Y. – The prices of oil rose Thursday as a positive report on the U.S. labor market and more cold temperatures boosted expectations of higher demand for heating oil.Benchmark West Texas Intermediate crude for March delivery rose 46 cents to close at US$97.84 a barrel on the New York Mercantile Exchange, after earlier rising near US$99.The U.S. Labor Department said the number of people applying for U.S. unemployment benefits declined 20,000 last week to 331,000, suggesting that Americans are facing fewer layoffs and better job prospects. Those figures came a day before a widely anticipated report on January employment.With chilly temperatures across the middle of the United States and into the U.S. Northeast, demand for heating oil remains strong. That should boost refineries’ need for crude oil.Natural gas prices were again volatile again, rising seven per cent to US$5.40 per 1,000 cubic feet in the morning, then falling sharply to close down 10 cents at US$4.83.The Energy Department said the U.S. supply of natural gas dropped by 2.62 billion cubic feet last week, but that was much less than analysts were expecting.Brent crude, a benchmark for oil sold internationally, gained 94 cents to US$107.19 on the ICE exchange in London.In other energy futures trading on Nymex, wholesale gasoline gained four cents to US$2.68 a U.S. gallon (3.79 litres) and heating oil was flat at US$3 a gallon.(TSX:ECA), (TSX:IMO), (TSX:SU), (TSX:HSE), (NYSE:BP), (NYSE:COP), (NYSE:XOM), (NYSE:CVX), (TSX:CNQ), (TSX:TLM), (TSX:COS), (TSX:CVE) A pump jack dwarfs a house northwest of Calgary, in a Sept. 28, 2004 photo. THE CANADIAN PRESS/Jeff McIntosh read more

Ban welcomes UN Assemblys endorsement of action plan on post2015 development financing

General Assembly President Sam Kutesa said today’s action “will further demonstrate our collective commitment towards eradicating poverty, achieving sustainable development and building a better future for all,” and urged UN Member States to “do whatever it will take to ensure that the Addis Ababa Action Agenda is fully implemented.” The outcome document adopted at the Third International Conference on Financing for Development, which took place in Addis Ababa, Ethiopia earlier this month, the Action Agenda contains a series of bold measures to overhaul global finance practices and generate investments for tackling a range of economic, social and environmental challenges. Building on the outcomes of previous development financing conferences held in Monterrey, Mexico, and in Doha, Qatar, the Action Agenda also addresses all sources of finance, and covers cooperation on a range of issues including technology, science, innovation, trade and capacity building. In his statement to the Assembly, Mr. Ban said by endorsing the Addis Ababa Action Agenda, “we launch a new era of cooperation and global partnership.”He hailed the development as the foundation for success at the UN summit to adopt the UN post-2015 development agenda, in New York this September, and at the Conference of Parties of the UN Framework Convention on Climate Change (UNFCCC), known informally as COP 21, in Paris in December.“Only by staying engaged will we ensure that the commitments we endorse today will lead to tangible progress on the ground, in all countries and for all people,” the UN chief said.Commending UN Members States for taking this critical step forward, he declared: “We are now firmly on the path to a more prosperous, just and sustainable world for this and future generations.”Earlier this morning, Mr. Ban and Member State representatives paid tribute in a General Assembly session to the late Permanent Representative of Djibouti, Ambassador Roble Olhaye, the longest serving top diplomat at the UN, calling him a passionate champion of Africa and a great believer in the value of the continent’s partnership with the United Nations. read more

76ers Name 39YearOld Elton Brand As Its New General

Philadelphia 76ers incoming general manager Elton Brand speaks at the NBA basketball team’s practice facility in Camden, N.J., Thursday, Sept. 20, 2018. (AP Photo/Matt Rourke)CAMDEN, N.J. (AP) — Only two years out of the NBA, Elton Brand is set to return to the league as a 39-year-old general manager of the Philadelphia 76ers.For a franchise that underwent the painful “Process” for a few seasons and had its last GM caught up in a Twitter scandal, a youth movement in the front office could be what the Sixers need to take the next step into Eastern Conference contention.Brand is ready to help lead the way.“I’m going to rely on my team,” Brand said. “Not just on the court, but the off-the-court team. I can’t keep saying it enough. In my opinion, we are one of the top groups in the NBA.”Brand was introduced Thursday at the Sixers complex as the new GM, and it was made clear the two-time All-Star will not yield the power to make the final decisions, but rather work in concert with coach Brett Brown and the rest of the front office.“The 76ers are on the cusp of something very special and the next 12 months are really important,” Brand said. “I think that’s why I was the leading candidate, to bring stability to the organization and this group that I know really well.”Brand had worked for the Sixers as vice president of operations and was the general manager of the Delaware Blue Coats, the 76ers’ G League affiliate.Sixers owner Josh Harris said Brand emerged from a list of at least 10 candidates as the right choice to steady a franchise rocked by Bryan Colangelo’s sudden departure. Colangelo resigned in June as the 76ers’ president of basketball operations after what an investigation concluded was “careless and in some instances reckless” sharing of sensitive team information on Twitter.“I’ll lead with honesty, integrity,” Brand said.Brown had assumed interim GM duties but wanted no part of holding the job full time. But he will work as Brand’s partner in key decisions the franchise faces coming off a 52-win season.“Coach and I are aligned,” Brand said. “Teams that have won in the NBA, the GM, the coach have to get along. He’s going to have the players. But when it comes to trades, draft process, I’m running that. That’s what I’ve been hired for. Final say? Coach is going to have a voice in it.”Brand played in 1,058 career games over 18 seasons with the Bulls, the Los Angeles Clippers, Dallas, Atlanta and two stints with the Sixers. He posted career averages of 16 points, nine rebounds, two assists and two blocks per game.A two-time All-Star and the 2000 co-rookie of the year, Brand was also the recipient of the 2005-06 Joe Dumars Trophy, presented each season to the player who exemplifies the ideals of sportsmanship on the court.“I think we’re at a new point in our team’s development into hopefully an NBA championship,” Harris said. “We need to be attracting talent here. Certainly, Elton’s image and who he is as a person were real positives. But leadership and managerial skills and the things you’ve got to do in the front office that aren’t just about image, he’s got those, too. But certainly, that was a huge positive.”Brand said it’s fair to question his inexperience as he skyrocketed through the organization from the G League to GM. But it’s a job he’s ready to handle.“I’ll take the hits,” he said. “When there’s decisions made on the basketball side, I’m taking the hits.”Alex Rucker was promoted to executive vice president of basketball operations. Ned Cohen will remain assistant general manager and Marc Eversley will stay as senior vice president of player personnel.The Sixers beat Miami in the first round of the playoffs before they were eliminated in the conference semifinals by Boston. Under Brown’s watch, Joel Embiid and Ben Simmons have blossomed into two of the top young players in the league.Embiid and Markelle Fultz were among the players who attended Brand’s press conference.The Sixers were stunned when an independent review found that Colangelo’s wife, Barbara Bottini, operated four Twitter accounts. She admitted using private information to criticize the Sixers and rival colleagues.Brand, the fourth black GM in the NBA, is ready for the Sixers to put the offseason mess behind them and make a jump in the East.“This is a special team, an incredible opportunity, and we will lead a disciplined and determined path to building a championship organization,” he said. read more

Can The NBA AllStar Game Be Fixed

Embed Code More: Apple Podcasts | ESPN App | RSS | Embed By Neil Paine, Kyle Wagner and Nate Silver Welcome to The Lab, FiveThirtyEight’s basketball podcast. On this week’s show (Feb. 15, 2018), FiveThirtyEight editor-in-chief Nate Silver is back to help break down the latest in the NBA with Neil and Kyle. First, the Utah Jazz are on an 11-game winning streak. The crew takes a look at what’s going right for the Jazz — and how it might come to a halt. Next, the All-Star Game is nearly here, and The Lab’s members are taking it to the lab: keeping what they like, cutting what they don’t and throwing out some crazy ideas (8-year-olds choosing teams! one-on-ones!) that might make watching it more enjoyable. Plus, a small-sample-size segment on the new Cleveland Cavaliers.Here are links to what was discussed this week:Keep an eye on our 2017-18 NBA predictions, updated after every game.ESPN’s Zach Lowe wrote about what’s real and what’s not for the Utah Jazz.To get in on the All-Star Game fun, you can draft your own team.ESPN’s Dave McMenamin goes inside the new Cavaliers team. read more

Shortage of US currency imposed G3 spread proliferating black market trade

Below is a commentary by Dr Leslie Ramsammy on the shortage of available US currency in Guyana and the consequent development of an underground market that is supplying the currency exorbitantly above the Government imposed $G3 spread between the buying and selling price for the US dollar, which he poignantly asserts is further fueling the black market trade of the same:Dr Leslie RamsammyThere is a flourishing black market for the US dollar in Guyana right now. The black market for the US dollar which essentially died in Guyana by 1990 is seriously back today.APNU+AFC is in a futile spin and denial mode, but truth cannot be simply dashed aside. The Bank of Guyana is desperately trying to provide APNU+AFC with some buffer by its own futile efforts to obfuscate and to deny there is any shortage of US dollars in Guyana. APNU+AFC can spin until it turns blue, it will not change what every Guyanese, including the leaders of APNU+AFC and the Bank of Guyana know – the black market for US dollar has returned to our country with a vengeance.Whether the shortage of US dollars in the official market is real or engineered, the fact is there is a real black market where people are purchasing US dollars as high as $G230 to $US1. One airline operating in Guyana is charging people at a rate of $G250 for one US dollar. Some travel agencies are charging people at a rate of $G220 for a US dollar. At Banks and official Cambios, the rate for $US1 which was around $G206 at the end of 2016 is presently around $G218, a definite decline of the Guyana dollar. The Guyanese business community and others who may need US dollars, such as people who travel outside of Guyana, are finding it difficult to procure US dollars from Banks and Cambios.The Inter-American Development Bank (IDB) in its first quarterly Caribbean Report for 2017 has confirmed that the Guyana dollar suffered a significant decline against the US dollar in 2016, a decline that has accelerated in 2017 so far. The Guyanese Business Community has formally complained about the erosion of the value of the Guyana dollar against the US dollar and the decline in the availability of foreign currency. The Banking Community has confirmed they are unable to meet demands for US dollar. Media personnel have tested the market and can confirm three things – first that it is difficult to purchase US dollars from Banks and Cambios, second, that when available, the rate is between $218 to $220 and, third, there is a black market where one US dollar is purchased at a rate of above $G230.Interestingly, even as APNU+AFC, mainly through its Finance Minister, insists there is no validity to the claim there is a shortage, a declining value and a flourishing black market for US dollars, the Bank of Guyana sought to ban trading US dollars for Barbadian and Trinidadian dollars.This is clear evidence that APNU+AFC/Bank of Guyana know the US dollar is under serious stress in Guyana. Further evidence that APNU+AFC is aware of the real shortage of US dollars and the declining value of the Guyana dollar comes from the fact that APNU+AFC instituted new rules for the Banking Community which established a $G3 spread between the buying and selling price for the US dollar. This is a desperate and stupid bid to stem the decline in the Guyana dollar and and has predictably catalyzed the US dollar black market.Part of the problem is the dramatic decline in US dollar earnings by rice and sugar, traditional pillars and powerhouses in foreign currency earnings. In spite of the increased in gold earnings, Guyana lost up to $US40M in export earnings in 2015 and 2016 and might well have bigger losses in 2017, mainly because rice and sugar have been decimated by reckless APNU+AFC policies.Compounding the problem is a meager foreign direct investment (FDI) profile. APNU+AFC had promised and even boasted that an APNU+AFC government would immediately propel FDI. After 22 months in office, FDI has dried up. Many local businesses have not invested, foreign businesses have curtailed their investments and no significant new investment has come. The big splash in 2015 and in 2016 with expensive trade and investment teams in the US, Canada, the Caribbean and Europe have resulted in zilch investment.Meanwhile the Bank of Guyana external reserve has fallen again below $US600M. At the end of 2015, it had fallen to $US598. At the end of 2016 it had not significantly improved with a reserve of about $US620M. At the end of the first quarter, the external reserve stands at $594M. Under the PPP Government the reserve fluctuated in the last 10 years between $US700M and $US1B. The PPP had largely maintained the reserve at about a 6-8 month export earnings. Presently, it stands at about a three-month export base. This is not a coincident – it is a telling statistic.No matter how hard the Finance Minister and the Governor of the Bank of Guyana spin the truth, APNU+AFC, like its parent, the PNC in the 1970s and 1980s, is presently presiding over an economy in which foreign currency availability is limited, the Guyana dollar has devalued and there is a black market for US dollar and foreign currency. These truths at the moment are incontrovertible. Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)RelatedJagdeo criticises new foreign trade policy measures as “absolute madness”February 7, 2017In “latest news”OP-ED: Govt threatens people’s health with scandalous medicine shortages – RamsammyMarch 6, 2017In “Health”OP-ED: Govt accelerating the pace for the closure of Sugar Industry- RamsammyMarch 31, 2017In “Opinion” read more

GTU consulting with teachers following meeting with President

…to make decision on new offer soonFile photo: General Secretary of the GTU, Coretta McDonald addressing a gathering of teachersFollowing a meeting with President David Granger and the Education Ministry (MoE) regarding the current impasse of teachers’ salary increases, the Guyana Teacher’s Union (GTU) is now soliciting the views of teachers across Guyana before a decision is made on Wednesday.Coming out of the meeting held at State House, Georgetown, the new offer made to the Union was that of 10 per cent for the year 2016, nothing for the year 2017 and an 8 per cent increase for the year 2018.Education Minister, Nicolette Henry also indicated to the Union that a debauching payment offer of $350M will be made for the periods 2011-2018 with these payments to be made in December.If the new offer is accepted by the Union, retroactive 2016 payment increases will be made in the new year.However, after consideration, the Union revealed that even though 10 per cent is being offered for 2016, interim payments which were received in 2016 and 2017 of 6 and 8 per cent respectively would see the final offer for 2016 being an increase of only 4 to 2 per cent.Given this fact, GTU is now calling on teacher’s to voice their opinions before Wednesday’s meeting where a decision will be made whether to accept or decline the new offer.Monday’s meeting came after GTU had mobilised their teachers to be on standby for countrywide strike action following the unilateral appointment of Professor Leyland Lucas by the Labour Department to Chair the arbitration panel.President David Granger locked in talks with GTU executives – Mark Lyte and Corretta McDonald – and the Education Ministry’s team led by Minister Nicolette Henry at Monday’s meetingAlthough the Education Ministry had threatened legal action should teachers return to the streets, the GTU said it is ready to walk the stairs to the courtroom as it is confident that it has not breached any laws, since according to the Union, the teachers’ salary negotiations have not yet reached the arbitration stage.Moreover, the Opposition, People’s Progressive Party/Civic (PPP/C) had since made several calls on President Granger to intervene.Heeding these calls, the President sat with the two parties on Tuesday and coming out of said meeting stated that the Union and MoE had met common ground.“They are not being ignored or anything. We, of course, expect that the Teachers Union consult with its members and the Teachers Union expects that we, the Government, consult with the Ministry of Finance. So we have reached a broad area in which, I would say that there is common ground. I don’t want to call it an agreement, but we have reached common ground and I think the people of Guyana could look forward to an amicable resolution within days. It is a forward-looking agreement” Granger had explained.Strike action was taken on August 27 which lasted for two weeks after the Education Ministry had refused to honour the Unions request for a 40 per cent increase for teachers across Guyana.Following failed conciliation talks, strike action was called off after the Ministry had agreed to go to arbitration to have the matter settled.However, this too remained at a standstill after both parties could not find common ground on the arbitration panel, more so its Chair. Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)RelatedTeachers’ salary increase: Agreement between GTU, Education Ministry signedOctober 24, 2018In “latest news”Teachers’ salary impasse: GTU not in support of Govt’s offer as President talks up another meetingOctober 10, 2018In “latest news”Teachers’ salary increases “a work in progress” – Minister HenryOctober 10, 2018In “latest news” read more

British Airways plane collides into a building at Johannesburg Airport

first_imgA BRITISH AIRWAYS plane crashed into a building at Johannesburg Airport in South Africa overnight.The Boeing 747-400 en route for London Heathrow Airport took a runway that was too narrow for the plane, said South African Civil Aviation Authority (CAA) spokeswoman Phindiwe Gwebu.“This resulted in the aircraft’s right-hand wing impacting the office building,” she said.RunwayThe control tower “told them to take one taxiway and they took another one. They took a wrong one,” said Gwebu.Four people inside the building were lightly injured, but the 185 passengers and 17 crew on board were unharmed during the late-night accident, according to the CAA.“Four ground-handling employees who were in the building at the time experienced minor injuries,” Airports Company South Africa (ACSA) said in a statement.A photo taken by a passenger from the cabin, shown on Sky News, showed the aircraft’s giant wing wedged into a quarter of the length of the small building.The airline tweeted this message in relation to the incident:(Twitter/@British_Airways)Additional reporting – © AFP, 2013Read: Rolf Harris to face three more sexual abuse charges> Read: Take an inside peek inside one of Google’s most controversial projects>last_img read more

How cheatedon spouses get their public revenge

first_imgREMEMBER THE WIFE who sold her husband’s stuff on Craigslist?Well, she’s not the only one taking the route of public humiliation.Take Michael. He’s been a very bad boy, and his wife Jennifer knows all about it.She decided public revenge via a billboard in Greensboro North Carolina was the only way to go when she found out what he was up to.Can’t see the image? Try reloading this post (Imgur)She’s not the first to take this course of action, in fact, some might say there’s a trend for this kind of action of late.Linnie’s wife did the same. Can’t see the image? Try reloading this post (Imgur)This scorned husband took a slightly different route, but the result is the same brand of public humiliation.Can’t see the image? Try reloading this post (Imgur)All of this is really just an modern day version of the old ‘throwing his belongings onto the street’ route, isn’t it?Don’t worry, people are still doing that too.YouTube/B. BaconThe moral of the story is, if you’re thinking about doing the dirt, you better be prepared to have everyone know about it.Careful now.Column: Can a relationship really survive if someone is unfaithful?>Women believe deep-voiced men are more likely to cheat>last_img read more

Burn Institute Firefighter Boot Drive

first_imgBurn Institute Firefighter Boot Drive Posted: March 5, 2019 KUSI Newsroom, 00:00 00:00 spaceplay / pause qunload | stop ffullscreenshift + ←→slower / faster ↑↓volume mmute ←→seek  . seek to previous 12… 6 seek to 10%, 20% … 60% XColor SettingsAaAaAaAaTextBackgroundOpacity SettingsTextOpaqueSemi-TransparentBackgroundSemi-TransparentOpaqueTransparentFont SettingsSize||TypeSerif MonospaceSerifSans Serif MonospaceSans SerifCasualCursiveSmallCapsResetSave SettingsSAN DIEGO (KUSI) – The 20th Annual Firefighter Boot Drive will have crews from fire departments all over San Diego County come together at intersections within their communities to collect donations in their boots to benefit the Burn Institute.On March 6th, during the morning and evening commutes firefighters will ask passing motorists help to fill boots with their spare change.The Boot Drive is the Burn Institute’s largest one-day fundraiser of the year, raising over $200,000 in 2018.If you don’t see a firefighter, you can still make a donation at Categories: Good Morning San Diego, Local San Diego News FacebookTwitter March 5, 2019 KUSI Newsroom last_img read more

Homeless man fatally stabbed in South Beach

first_imgMIAMI BEACH, FLA. (WSVN) – A homeless man died after, police said, he was stabbed in South Beach, Friday night.Miami Beach Police responded to the scene of the reported stabbing along the 200 block of Española Way, at around 9 p.m. Investigators blocked off the street as they processed the scene.The victim was taken to Jackson Memorial Hospital, where he succumbed to his injuries.Detectives are working leads as they look for the subject, who, according to a witness, may also be homeless.If you have any information on this stabbing, call Miami-Dade Crime Stoppers at 305-471-TIPS. Remember, you can always remain anonymous, and you may be eligible for a $1,000 reward.Copyright 2019 Sunbeam Television Corp. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.last_img read more

The Ultimate Super Smash Bros Character Guide Bayonetta

first_imgStay on target Bayonetta Gets Wicked!Super Smash Bros. Ultimate is huge. Not just in terms of hype and importance and sales potential, but just in terms of sheer stuff. The Nintendo Switch mascot fighter features over a hundred stages, nearly a thousand songs, and too many Pokemon and items and Assist Trophies to think of crammed onto a cartridge you can plan on the go or on a TV. When you have as many big franchises as Nintendo, putting them all in one game will make that game is very big boy indeed.But the biggest, most exciting thing about Super Smash Bros. Ultimate is its mind-blowing, heartwarming roster of playable characters. Fighting games pride themselves not just on the strength of their mechanics but the strength of its fighters, especially in a crossover fighters like this. And Super Smash Bros. Ultimate crushes all rivals by including every single playable character from the across the four previous games in the twenty-year-old series. Include the new combatants and so far we have over 70 fighters to wrap our heads around. We’re excited, but we’re also intimidated. So to get ready for Super Smash Bros. Ultimate, every day, character by character, we’re creating the ultimate guide to all of its characters. Today’s fighter: Bayonetta.AdChoices广告 ‘Astral Chain’ and Other Dumb Nintendo SongsThe Ultimate Super Smash Bros. Character Guide: Hero center_img Who Are They?Bayonetta is a sassy, sailor-mouthed witch who summons the limbs of demons with her hair clothing and foot guns in order to kill angels. She’s beautiful. She’s my wife and yours too. She’s the reason people care about Platinum Games and the best thing to (indirectly) come out of the Devil May Cry series of stylish action games. Bayonetta 2 is one of the few absolutely diamond-perfect video games that exist in this crummy world.Smash HistoryFor the final DLC character in Smash Wii U/3DS, Nintendo let fans vote on who they wanted to see join the battle. Imagine what that data must’ve looked like. How many times did “Goku” show up? In the end, among “possible characters,” Bayonetta won in Europe and was among the top five everywhere else. And that’s great because beyond basically having a fighting game moveset in her own game, Bayonetta is an unapologetically mature and sexual character whose very presence breaks the family friendly Nintendo universe even more than Solid Snake.What Looks New in Ultimate?Along with being the last and most surprising character in Smash Wii U/3DS, Bayonetta was also by far the best. She was arguably broken with her ludicrous mid-air ladder combos and ability to freeze opponents with Witch Time. The last couple big Smash tournaments devolved into Bayonetta mirror matches the players didn’t even take seriously. So surprising no one Bayonetta is much worse in Ultimate. She just can’t combo or kill nearly as effectively, much to the relief of any Smash Wii U/3DS veterans. The fundamentals are the same, but the power is way lower.Our Hopes?Bayonetta needed to get nerfed. But we hope in the end these nerfs just lead to her being balanced instead of her being bad. She’s so cool we want people to still have a good time if they choose to play as her. What better way to advertise Bayonetta 3 than to have all sorts of awesome Bayonetta combo videos floating around that Smash Bros. video app Nintendo teased that one time.Super Smash Bros. Ultimate is available now. Read our review of this majestic video game pageant. And for more check out cool Switch games to play that aren’t Smash Bros., because those definitely exist.View as: One Page Slides1/761. Read Mario’s Guide2. Read Donkey Kong’s Guide3. Read Link’s Guide4. Read Samus’s Guide5. Read Dark Samus’s Guide6. Read Yoshi’s Guide7. Read Kirby’s Guide8. Read Fox’s Guide9. Read Pikachu’s Guide10. Read Luigi’s Guide11. Read Ness’s Guide12. Read Captain Falcon’s Guide13. Read Jigglypuff’s Guide14. Read Peach’s Guide15. Read Daisy’s Guide16. Read Bowser’s Guide17. Read Ice Climbers’ Guide18. Read Sheik’s Guide19. Read Zelda’s Guide20. Read Dr. Mario’s Guide21. Read Pichu’s Guide22. Read Falco’s Guide23. Read Marth’s Guide24. Read Lucina’s Guide25. Read Young Link’s Guide26. Read Ganondorf’s Guide27. Read Mewtwo’s Guide28. Read Roy’s Guide29. Read Chrom’s Guide30. Read Mr. Game and Watch’s Guide31. Read Meta Knight’s Guide32. Read Pit’s Guide33. Read Dark Pit’s Guide34. Read Zero Suit Samus’s Guide35. Read Wario’s Guide36. Read Snake’s Guide37. Read Ike’s Guide38. Read Pokemon Trainer’s Guide39. Read Diddy Kong’s Guide40. Read Lucas’s Guide41. Read Sonic’s Guide42. Read King Dedede’s Guide43. Read Olimar’s Guide44. Read Lucario’s Guide45. Read R.O.B.’s Guide46. Read Toon Link’s Guide47. Read Wolf’s Guide48. Read Villager’s Guide49. Read Mega Man’s Guide50. Read Wii Fit Trainer’s Guide51. Read Rosalina and Luma’s Guide52. Read Little Mac’s Guide53. Read Greninja’s Guide54. Read Mii Fighters’ Guide55. Read Palutena’s Guide56. Read Pac-Man’s Guide57. Read Robin’s Guide58. Read Shulk’s Guide59. Read Bowser Jr.’s Guide60. Read Duck Hunt’s Guide61. Read Ryu’s Guide62. Read Cloud’s Guide63. Read Corrin’s Guide64. Read Bayonetta’s Guide65. Read Inkling’s Guide66. Read Ridley’s Guide67. Read Simon’s Guide68. Read Richter’s Guide69. Read King K. Rool’s Guide70. Read Isabelle’s Guide71. Read Ken’s Guide72. Read Incineroar’s Guide73. Read Piranha Plant’s Guide74. Read Joker’s Guide75. Read Hero’s Guide76.last_img read more

Prabhu allays privatisation fear seeks private investment

first_img“The railways wants private capital for carrying out its enormous task. Getting private capital is not harmful to public nor to anybody. There should not be any misgiving about it. It is not privatisation,” he said in an informal chat with reporters here.Station development, utilisation of advertising space and commercialisation of vacant land are some of the areas which are being explored by the railways for attracting private investment, besides allowing 100 per cent FDI in the rail sector. Also Read – Need to understand why law graduate’s natural choice is not legal profession: CJIRailway unions have been raising their voice against any move towards privatisation in the railway sector.Prabhu said at present, the railways is in the need of about Rs 6 lakh crore to Rs 8 lakh crore for completion of its all ongoing projects.He said a White Paper is being prepared to be presented in Parliament which will have all details.“First, there will be a diagnosis, then solution. White Paper is the diagnosis and then we will formulate a plan as a solution to the problems,” he said  Also Read – Health remains key challenge in India’s development: KovindWhen his attention was drawn towards the claim of Rs 90,000 crore surplus made by the then Railway Minister Lalu Prasad, he said the prevailing condition in the railways is the result of the policy pursued in the past few years. “It is not because of recent happening. It is because of last 20/25 years that the railways has come to this pass,” he said, without naming anybody.“I am not blaming anybody for this. Whatever problems we will try to solve these,” he added. Emphasising on the drastic need for improvement in the railways, he said, “Improvement in customer service, safety upgradation, and modernisation of rail infrastructure is the need of the hour and these require money.”  He further said there are two sources of getting additional funds. “One is passenger fare, the other is gross budgetary support (GBS).” Prabhu, considered to be pro-reform said, “We need additional resources to improve customer service. Freight tariff is already high. Passengers will happily pay more if we improve service.”  On attracting private investment, the Railway Minister said a new model is being worked out for development of stations with private participation. “It is in the final stage and we will take it to the Cabinet for its approval before launching the model for private players.” He said there is also a remendous scope in earning more from the advertising in rail premises. “We can earn Rs 10,000 crore from advertising alone. The scope and benefit for advertisers in railways are much more than other areas as there is a larger captive audience for longer hours.”last_img read more

Introducing Quarkus a Kubernetes native Java framework for GraalVM OpenJDK HotSpot

first_imgYesterday, RedHat announced the launch of ‘Quarkus’, a Kubernetes Native Java framework that offers developers “a unified reactive and imperative programming model” in order to address a wider range of distributed application architectures. The framework uses Java libraries and standards and is tailored for GraalVM and HotSpot. Quarkus has been designed keeping in mind serverless, microservices, containers, Kubernetes, FaaS, and the cloud and it provides an effective solution for running Java on these new deployment environments. Features of Quarkus Fast Startup enabling automatic scaling up and down of microservices on containers and Kubernetes as well as FaaS on-the-spot execution. Low memory utilization to help optimize container density in microservices architecture deployments that require multiple containers. Quarkus unifies imperative and reactive programming models for microservices development. Quarkus introduces a full-stack framework by leveraging libraries like Eclipse MicroProfile, JPA/Hibernate, JAX-RS/RESTEasy, Eclipse Vert.x, Netty, and more. Quarkus includes an extension framework for third-party framework authors can leverage and extend. Twitter was abuzz with Kubernetes users expressing their excitement on this news- describing Quarkus as “game changer” in the world of microservices: This open source framework is available under the Apache Software License 2.0 or compatible license. You can head over to the Quarkus website for more information on this news. Read Next Using lambda expressions in Java 11 [Tutorial] Bootstrap 5 to replace jQuery with vanilla JavaScriptWill putting limits on how much JavaScript is loaded by a website help prevent user resource abuse?last_img read more