Subhash Chandra Garg takes over as new Power Secretary

first_imgNew Delhi: Senior bureaucrat and former finance secretary Subhash Chandra Garg on Friday took over as the new Power Secretary. The senior most officer in the Ministry of Finance, Garg was shifted to the Power Ministry on Wednesday. Thereafter he announced that he had applied for voluntary retirement from service on Thursday. “Handed over charge of Economic Affairs today (Thursday). Learnt so much in the Finance Ministry and Economic Affairs Dept. Will take charge in Power Ministry tomorrow (Friday). Have also applied for Voluntary Retirement from the IAS with effect from 31st October”, Garg had tweeted on Thursday. Also Read – Thermal coal import may surpass 200 MT this fiscalAn interaction of Garg with media is scheduled later on Friday. Garg was in charge of the Department of Economic Affairs (DEA), and was designated the Finance Secretary. However, in a surprise move, he was named Power Secretary in an order issued late on Wednesday. As DEA Secretary, he was in charge of fiscal policy, RBI-related matters, and was closely involved in the preparation of union budget. The shift came just a day after Parliamentary procedure for approval of Modi 2.0 government’s maiden union budget for 2019-20 was completed. The 1983 batch IAS officer of Rajasthan cadre, Garg came to the centre in 2014, and was appointed Executive Director in the World Bank where he stayed till 2017, when he was appointed DEA Secretary in June 2017. In March 2019 (rpt) March 2019, he was elevated as the Finance Secretary following retirement of A N Jha.last_img read more

Pak Army to raise another division to protect CPEC

first_imgIslamabad: The Pakistan Army will raise another division-size special force to protect Chinese nationals and projects under the CPEC, military spokesman Major General Asif Ghafoor has said, days after the brazen terror attack on a luxury hotel in Balochistan. Describing the USD 50 billion China-Pakistan Economic Corridor (CPEC) as a living example of deep-rooted friendship between Pakistan and China, Major General Ghafoor, Director General of the Inter Services Public Relations (ISPR), said the Pakistan Army was fully determined to ensure the security of the project. Talking to the Chinese media in Rawalpindi on Saturday, he said the Pakistan military had raised a whole division-size force to protect the project and they were planning to deploy another division for this purpose. Earlier reports said a Special Security Division (SSD) comprising 9,000 Pakistan Army soldiers and 6,000 para-military forces personnel has been set up for the security of the CPEC project and Chinese nationals working on it. Ghafoor said Pakistan faced a very challenging war against terrorism during the last two decades, and now the security situation was under control. Talking about the CPEC role in the country, he said the economic prosperity brought about by the CPEC will fail the motives of terrorists, as with the success of project more employment and business opportunities will be unveiled and with more economic opportunities coming in, people’s lifestyle will improve and inimical elements will fail gradually, China’s state-run Xinhua news agency reported. He claimed that the security situation in Balochistan had improved since the launch of the CPEC and now there was a better infrastructure, as many Chinese projects were underway, and with every coming day security, development and investment situation will get better. The Pakistan Army spokesman’s comments came days after terrorists attacked the Pearl Continental luxury hotel in the port city of Gwadar in the restive Balochistan province, killing at least eight persons, including four civilians and a Pakistan Navy soldier. The attack was claimed by the Balochistan Liberation Army — one of the most-organised terrorist groups of Baloch nationalists fighting against security forces. The group was also involved in the terrorist attack at the Chinese consulate in Karachi last year. Ghafoor said: “Today’s Gwadar is not what it used to be two years ago and in future it will be on a par with the ports of developed countries”. Gwadar port is one of the focal points of the CPEC with many Chinese workers from other provinces of Pakistan working at the port. China is investing heavily in Balochistan under the CPEC.last_img read more

Key foreign currency quotations

Quotations for key foreign currencies in terms of the Canadian dollar. Quotations are nominal, for information purposes only.Canadian dollar value on Monday, the previous day, three-months and one-year: Currency Mon Fri 3 months Year U.S. dollar 1.2482 1.2492 1.3456 1.3000 British Pound 1.6135 1.6072 1.7231 1.7072 Japanese Yen 0.0114 0.0114 0.0121 0.0128 Euro in U.S. 1.1960 1.1864 1.1176 1.1194 Euro in Cdn 1.4929 1.4821 1.5039 1.4552Quotations provided by the Bank of Canada

Federal books show 500M shortfall in first quarter of 201920 fiscal year

The Canadian Press OTTAWA — A preliminary estimate of the federal books says Ottawa ran a budgetary deficit of $500 million through the first three months of the current fiscal year, compared with a $4.3-billion surplus during the same period a year ago.The Finance Department’s fiscal monitor says the combined shortfall for the April-to-June stretch came as growth in program spending and debt-servicing costs outpaced an increase in revenue.The report says spending during those three months climbed 10.3 per cent — or $7.3 billion — compared with a year earlier, mostly due to increases in direct program expenses as well as transfers to individuals and other levels of government.Year-over-year, public debt charges were up 11.5 per cent — or $700 million.During the same period, government revenues rose four per cent — or $3.2 billion.The Liberal government’s spring budget forecasted a deficit of $19.8 billion for the 2019-20 fiscal year. read more

Time to ring the alarm bell on waning prospects for Middle East

“The time has come to ring the alarm bells that the two-state solution is slipping from our fingers,” said Nickolay Mladenov, Special Coordinator for the Middle East Peace Process, pointing to ongoing settlement activities and confiscation of Palestinian land, as well as the continued lack of genuine Palestinian unity.’Wave of violence’ The persistent inability to achieve a just and lasting solution that meets the national aspirations of the Palestinians and Israelis is being expressed through violence. The past month has been marked by “some of the bloodiest incidents in this current wave of violence” across Israel and the occupied West Bank, Mr. Mladenov said. That violence has left 198 Palestinians and 30 Israelis dead in the past six months, with most of the Palestinians killed while reportedly carrying out knife, gun or car-ramming attacks.The UN envoy said that it is time to move past mere condemnations of such acts of terror and violence “to send a clear message to both parties.”He spoke to Palestinians, weighing against radicals determined to poison the minds of Palestinian youth, and urged them to not praise or glorify violence against Israel in the media.At the same time, Mr. Mladenov called on Israelis to realize that actions such as illegal building and movement restrictions “breed anger among people who feel they are being collectively humiliated, punished and discriminated against.”Noting Israeli authorities’ interpretation of the Ottoman Land Law in their favour, he reiterated that “settlements are illegal under international law” and urged Israel “to halt and reverse” decisions that allow them to declare state land on property that is not registered as private. He spoke also against the demolition and confiscation of Palestinian structures in the West Bank, and the regular denial of legal building permits to Palestinians.Palestinian’s political discordThe lack of a united Palestinian front is also a challenge – with political factions unable to reach a consensus on long-term Palestinian national goals, as well as fiscal and development goals.The senior UN official stressed that “achieving a genuine Palestinian unity on the basis of non-violence, democracy and the PLO Principles would constitute a crucial building block for the foundation of a Palestinian state.”Among other issues, he called for allegations of corruption to be investigated, referencing an arrest warrant that was temporarily ordered against Najat Abu Bakr, a Fateh member of the Palestine Legislative Committee, who raised such allegations.Report on way forwardIn an attempt to break the political impasse between the actors, Mr. Mladenov announced that the diplomatic Quartet on the Middle East peace process – comprising the UN, Russia, the United States and the European Union – have started work on a report to review the situation on the ground and suggest a plan to overcome the impediments.“We remain seriously concerned that current trends – including continued acts of violence against civilians, incitement, ongoing settlement activity, and the high rate of demolitions of Palestinian structures – are dangerously imperilling the viability of a two-state solution,” Mr. Mladenov said.According to information provided to the press yesterday, the work has already started and the Quartet is seeking inputs from both sides and other stakeholders, including Egypt, Jordan and Saudi Arabia. The report is expected to be completed in a few months.Gaza reconstructionIn Gaza, where the security situation remains volatile, the pace of reconstruction is slow, the UN envoy said.He pointed to slow disbursements of donor pledges, and encouraged all Member States to disburse their commitments without delay. Only 35 per cent of the $3.5 billion pledged at the 2014 Cairo conference has been disbursed, according to figures Mr. Mladenov provided at a press briefing yesterday.“Failure to comprehensively address the chronic problems affecting Gaza risks another escalation in the future,” he warned.Mr. Mladenov was due today to hold an informal consultation with Member States on the reconstruction efforts. Secretary-General in LebanonMeanwhile, Secretary-General Ban Ki-moon is today in Lebanon, joined by the President of the World Bank, Jim Yong Kim. In his briefing, Mr. Mladenov said the visit illustrated the “strong commitment” of the UN and international community to helping Lebanon address multiple challenges resulting from the Syria crisis. read more

Jack Mewhort trying not to think about last home game

Redshirt-senior left tackle Jack Mewhort (74) prepares to block a defender during a game against Penn State Oct. 26 at Ohio Stadium. OSU won, 63-14.Credit: Shelby Lum / Photo editorIt is often said football games are won or lost in the trenches. The 2013 Ohio State Buckeyes make no exception to this school of thought.Although senior running back Carlos Hyde is having a great season for the No. 3-ranked Ohio State football team (10-0, 6-0), if it weren’t for the “big uglies,” Hyde’s numbers would be lower.“I give all credit to my offensive line and my receivers,” Hyde said after the game against Illinois, in which he ran for a career-high 246 yards. “They did a great job.”A big part of the offensive line’s success this year has come from redshirt-senior left tackle Jack Mewhort, who is set to start his final game at Ohio Stadium as a member of the OSU football team. It is set to be the 36th straight game Mewhort has started for the Buckeyes.Mewhort said Monday he is “trying not to think about” playing his last game in Ohio Stadium.“I know that when I run out of the tunnel for that last time, it’s going to be a pretty emotional thing,” Mewhort said. “But it’s been a great ride … I owe who I am to this university and this program. So it’s going to mean a lot to me, like I said my last time. I’m going to be taking it all in and looking forward to it.”The last time Mewhort did not start for the Buckeyes at Ohio Stadium was Nov. 27, 2010, in a 37-7 Buckeye win against Michigan.During the Big Ten Teleconference Tuesday, Meyer said Mewhort brings not only a high level of play, but great leadership to the Buckeyes.“He’s one of my all-time favorite players I’ve been around. He’s playing at an extremely high level, but that’s just part of it,” Meyer said. “His leadership — he got hurt last week so we had to take him out of the game and our offense just started spiring and it’s not just the fact that he’s a heck of a player, it’s just the leadership value he brings and the ‘esprit de corps’ that he is a part of.”A large part of the offensive line’s success, Mewhort said, has been the ability to take responsibility as leaders and players.“We did a lot of growing up, as far as maturity goes. I think when coach Meyer got here, we realized that we were the older guys now, and we had to assume some responsibility and not just take a back seat and watch other guys do it,” Mewhort said. “That’s kind of what I’ve mentioned before, guys taking ownership. That was really cool to see. Coach Meyer put a lot of pressure on us to do that and we accepted that and that’s when we started to see guys thrive.”A big concern for the Buckeyes will be blocking out the Senior Day emotions in addition to the BCS standings, and just focusing on Indiana (4-6, 2-4), Mewhort said.“I think there’s a big focus on that now especially that we’re winding down. I think things are getting kind of real for us,” Mewhort said. “We have our eyes on something, but we don’t want to talk about it and I think that’s what coach Meyer was talking about … we’re just going to take it day by day and go through the daily grind and try to get better as an offense and defense.”Redshirt-senior center Corey Linsley agreed with Mewhort, adding that keeping focused on the next game has been part of OSU’s success this year.“Things like the win streak and clinching the Leaders Division and all this, it’s a lot of pressure on you and to think about that stuff and concentrate on that stuff it produces nothing but anxiety, stress,” Linsley said. “Week in and week out, I know it sounds cliche … but it’s a one game season for us. We’ve done nothing but prepare like that all year. Truly, that’s been a huge part of our success.”Mewhort and the rest of the seniors on the Buckeye offensive line are scheduled for their last game at Ohio Stadium Saturday at 3:30 p.m.Mewhort said it has been special playing with the senior class and watching them grow.“I just think we are a really close-knit group of guys. Passionate, I would say. Really caring,” Mewhort said. “There’s something I haven’t seen … I’ve seen guys change over the past three years and really become selfless people. That’s something that’s really special. Seeing guys transform from ‘me’ guys into ‘team’ guys.” read more

VIDEO News anchor reads own marriage proposal on her autocue

first_imghttp://www.youtube.com/watch?v=vpVPLO_KtRMYouTube/deersciNEWS ANCHOR JILLIAN Pavlica was having a perfectly normal day. Until her producer told her a breaking story was coming in on the Huntsville, Alabama broadcast.She was instructed to just read off the autocue, verbatim.Here’s what happened next…VIDEO: The best wedding flower girl of all time, ever>Weatherman falls for name prank live on air… and loses it>last_img

Johnson arrives in Dublin for talks with Varadkar today

first_img UK PRIME MINISTER Boris Johnson is due to arrive in Dublin this morning for a “high stakes” meeting with Taoiseach Leo Varadkar. Later, in London, Johnson will try for a second time to trigger a general election in the UK but this move is likely to be blocked again by opposition MPs.Johnson has not met Varadkar since taking office in July, although they have spoken on the phone twice.Varadkar said today’s meeting is “an opportunity to get to know each other better, talk about solutions in Northern Ireland and see if there’s common ground”.Speaking at Dublin Port yesterday, Varadkar warned that Johnson should not expect any breakthrough in talks on the future of the Irish border. He outlined that he will be discussing the possibility of a Northern Ireland-only backstop as a solution to the Brexit stalemate with Johnson. The Taoiseach disputed however that significant progress was being made in talks between the EU and the UK, as claimed by Johnson and several of his ministers. Image: Dominic Lipinski/PA Wire/PA Images As the clock ticks down, get all the best Brexit news and analysis in your inbox: 13 Comments Monday 9 Sep 2019, 6:00 AM Short URL https://jrnl.ie/4800904 Sep 9th 2019, 6:01 AM Share7 Tweet Email Johnson arrives in Dublin for talks with Varadkar today Varadkar said today’s meeting is an opportunity for the two leaders to get to know each other better. Image: Dominic Lipinski/PA Wire/PA Images If that’s what’s being said that’s a very optimistic assessment of where we stand. I don’t think it would be shared by any of the other 27 member governments.The Taoiseach’s sentiment was shared by former MP and cabinet minister Amber Rudd who resigned from the Conservative party in response to Johnson’s handling of Brexit. Speaking on the BBC’s Andrew Marr show yesterday, Rudd accused Johnson’s government of not doing enough to secure a new deal with the EU and claimed that no formal negotiations are taking place, “just lots of conversations”. Varadkar arriving at Dublin Port yesterday for a visit to new physical infrastructure which has been put in place to meet the requirements for customs, SPS and health checks on consignments of goods imported from or transiting the UK. Source: PA Wire/PA ImagesAmid the recent resignations and loss of his parliamentary majority, Varadkar questioned whether Johnson could strike a deal with the EU, noting that “Prime Minister Johnson doesn’t have a majority”.“So I’ll be asking him how he can convince us, Ireland and the EU, that he is actually capable or has the votes to get a deal through,” he said.On Thursday, the prime minister’s brother, Jo Johnson, also resigned as a minister and MP over a “conflict of family loyalty and the national interest”, while on Tuesday Philip Lee resigned as a member of the Conservative party saying “it was no longer possible to serve my constituents’ and country’s best interests”.Johnson withdrew the whip from 21 Tory rebels who are unable to vote as members of the Conservative party on Tuesday, which Rudd said was an “assault on decency and democracy”.Last week, Johnson told MPs that he would discuss with Varadkar the idea that agri-food could continue to be regulated on an all-Ireland basis. “We recognise that for reasons of geography and economics, agri-food is increasingly managed on a common basis across the island of Ireland. We are ready to find ways forward that recognises this reality, provided it clearly enjoys the consent of all parties and institutions with an interest,” Johnson said.When asked about a single agricultural zone yesterday, Varadkar said that it would not be enough.“It’s not enough on its own. I think we’d need a single Irish economic zone, or whatever you’d want to call it, to cover more than agriculture and food.” Source: Xinhua News Agency/PA ImagesAfter today’s meeting, Johnson is due to return to Westminster where MPs are set to vote again on whether to trigger an early election – a vote that is expected to fail. Johnson is seeking a snap election on 15 October as a way to break the deadlock over Brexit, but lawmakers last week rejected his call.He is due to try again today, but opposition parties say they will veto that attempt, too. They want to postpone an election until the UK has secured a delay, removing the risk the UK could crash out without a deal.Foreign Secretary Dominic Raab suggested that one option would be for the government to challenge parliament’s potential delay request in court.“It will be challenged in the courts,” Raab told Sky News.“What we are going to do with that legislation is test very carefully what it does and doesn’t require and that’s not only the lawful thing to do, I think that’s the responsible thing to do,” Raab said.And Johnson himself said in a letter to two Sunday newspapers that his government would “simply carry on” if his election call is turned down.The cross-party bill – which requires the prime minister to extend the exit deadline until January unless Parliament agrees a deal with the EU by 19 October – is set to gain royal assent.There is also a chance that the parliament could be prorogued today until 14 October but this may happen later in the week instead. 15,887 Views Tweet thisShare on FacebookEmail this article By Adam Dalylast_img read more

MovieBob Reviews ONLY THE BRAVE 2017

first_img Is Only The Brave any good?It’s pretty good.What’s it about?A group-biopic, based on the true-story of a firefighting team called “The Granite Mountain Hot Shots.”I’m not familiar.“Hot Shots” are super-elite outdoor firefighting units whose job is to go where out-of-control wildfires are heading and set smaller controlled fires so that the approaching bigger fire can be stopped in its tracks by not having any more fuel to burn. As depicted in the film, the “Granite Mountain Hot Shots” were actually a municipal fire team from Prescott Arizona. They worked to become full-fledged Hot Shots because their town was in a wildfire threat zone and they figured they could protect it better than outside teams because they understood the land, but faced resistance from the Firefighting Establishment because they were too rowdy and unconventional in their methods. Ultimately, they attained their goal and became locally famous for acts of heroism, until… well, no spoilers, but I’m not sure there’s even such a thing as a Firefighter Biopic with a happy ending, so… yeah.Who’s in it?Josh Brolin is our main character, the Hot Shots’ demanding but caring tough-as-nails leader whose Tragic Origin Story is about as thinly-veiled as the fact that he’s secretly a big softy at heart. Jennifer Conolly is his nobly-suffering wife. Miles Teller is the troubled newbie he takes under his wing, a recovering addict who goes out for the job to provide for his pregnant ex-girlfriend. Taylor Kitsch is the sleazy asshole whose maybe NOT a sleazy asshole if you get to know him and James Badge Dale is… also here because I’m pretty sure you’re not allowed to make movies like this without him and speaking of which Jeff Bridges is here, too.How are they?I appreciate the way it leans into what feels like a general audience distaste (thus far) for Miles Teller as a leading man by sticking him in the requisite “guy who needs his ass kicked for most of Act 2 to earn the right to be thought of as remotely likable” part. If the rub (fair or not) on Teller seems to be “This kid really needs to work an actual job for a while;” it’s kind of brilliant to make that the meta-arc for his entire character – and he actually makes the eventual transformation into hardscrabble blue collar good guy work. Likewise, it’s definitely a nice change of pace to not absolutely despise Taylor Kitsch in something. While Brolin kind of feels like they grew him in a lab specifically to play characters exactly like this but it still can’t be easy to find a way to “underplay” a hero who literally stands on mountains and has imaginary conversations with forest fires.Who directed?Joseph Kosinski, late of Tron: Legacy and Oblivion – which is a little bit surprising, given that this is such an overall laid back and matter-of-fact procedural thing when it comes to the firefighting setpieces.So you recommend it?I do. The bottom line with a movie like this is, either you want to watch “The Perfect Storm, but for forest fires” or you don’t. These sorts of films are rarely great, but sometimes they’re good, and this one is pretty good. Not a classic, but for a movie whose main long-term goal is to be a Father’s Day gift for however long physical media is a thing it’s very solid.Let us know what you like about Geek by taking our survey. MovieBob Reviews: ‘Shadow’MovieBob Reviews: ‘The Curse of La Llorona’ Stay on targetlast_img read more

Police plan to Update on Howell murder and more today

first_img Police update on Friday 13 snorkel death in Provo Police read for kindergarten children as part of school program Bishop says peace & prosperity is everybody’s responsibility at Law Enforcers Church Service Recommended for you Facebook Twitter Google+LinkedInPinterestWhatsApp Related Items:autopsy, conrad howell, post-mortem, rodney adams, Royal Turks and Caicos Islands Police Force, update Facebook Twitter Google+LinkedInPinterestWhatsAppProvidenciales, 18 Sept 2015 – The Royal Turks and Caicos Islands Police Force is expected to host a press conference later today, where media is expecting to hear updates and progress of the Police investigation on the death of Rev. Dr. Conrad Howell.Acting Commissioner of Police Rodney Adams on Monday, told media that Howell’s death has not been classified as a murder that is being considered a ‘suspicious death’.An autopsy for the late Rev. Dr. Conrad Howell is now complete but details of that post-mortem will only be shared publicly upon the discretion of the Commissioner of Police.last_img read more

Shutdown looms as President pushes the border wall

first_img Allen Denton, Allen Denton 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)- Congress faces a December 7th deadline to fund part of it’s government or we could see a partial shutdown.KUSI’s Allen Denton has more on the story. November 28, 2018 Posted: November 28, 2018 Shutdown looms as President pushes the border wall Categories: Local San Diego News FacebookTwitterlast_img read more

Back to basics on lifestyle strategies

first_imgNeed to know:Lifestyle funds gradually move an employee away from high-risk, high-return assets into lower-risk, lower-return assets as they approach retirement.Following the introduction of the pension freedoms, fewer people are buying an annuity, which raises the question of whether lifestyle funds are an appropriate default strategy. With the introduction of the pension freedoms from April 2015, there is a question hanging over lifestyle funds as to whether they are still appropriate for an employer’s default investment strategy.A lifestyle fund gradually moves an employee away from high-risk, high-return assets at the start of their employment, when they have around 30-35 years to retirement, into lower-risk, lower-return assets the nearer they get to retirement. The logic of this investment strategy is that when an employee first starts contributing to a pension, hopefully they will be quite young and a long way from retirement, so can afford to take on risk at this point.Becky Tilston-Hales, director, strategic project management at BlackRock, explains: “[Employees should] take on the risk early, try and grow their pension pot as fast as they can, and then try and reduce the risk as they get nearer to retirement. They’re less able to tolerate a big loss in their pension pot the closer they get to retirement, because they’ve less time to recover that loss again in the market. It’s about derisking the closer they get to retirement and then getting ready to take their assets and retire.”The time an employee chooses to start derisking depends on their own views, but one of the challenges of lifestyle strategies is that employees do not always know when they are going to retire; the strategy assumes an employee will have a rough idea. “Different investment houses will have different views on their retirement glide path, which would dictate the risk return level at what stage [an employee is] in their retirement journey,” explains Tilston-Hales. “Typically people might start derisking around 15 to 10 years prior to when they expect to retire. “The investment strategy can be only as precise as people’s own knowledge at the age of 25 as to when they might want to retire.”A default strategy needs to be suitable for a diverse workforce, which presents another challenge for employers, says Paul Todd, director of investment, development and delivery at the National Employment Savings Trust (Nest). “One investment strategy may be more important for people in their 20s, but they may need a very different approach when they get in to their 40s or 50s, or approach retirement,” he explains. “So [employers need to] make sure that not only is the default strategy right in a broad sense for a particular workforce, but that it is also able to adapt as people go through their careers and have different needs at different ages.”Pension freedomsPre-pension freedoms, the expectation was that almost all employees would buy an annuity as the end-point of a lifestyle strategy that would point towards investing in asset classes. Tilston-Hales explains: “That meant that the investment mix that [an employee] had in their pension pot moved from almost 100% in equities at the beginning to something that was almost entirely in gilts, and long-dated gilts because that best matches an annuity-type strategy. That makes a lot of sense if everyone is going to annuitise, but that strategy makes less sense if people want to take all their money in cash, or if they want to stay invested in the stock market and draw down an income from an invested portfolio.”Now the industry is questioning if a lifestyle strategy is applicable if employees are typically not going to annuitise. Nick Dixon, investment director of Aegon, says: “In my judgement, lifestyling, where the provider undertakes the derisking towards the end of the retirement journey, still has a very important role to play. I think it is very important that people derisk towards the end of their journey otherwise they could be significantly out of pocket just at the time that they need that capital.”The pension freedoms offer employees much wider choices and it is just as important now as it ever has been for pension members to be provided with clear communication and investment information, says Dixon. “I think there needs to be more [communication] in general from employers and providers,” he says. “And, as part of that, we need to engage people in a simple clear way, and provide tools to make it easier for people to make their own choices. We need to develop more engaging conversations for investors about their pensions.”last_img read more

Big deal with steel Rs 5000cr JV between SAIL and ArcelorMittal may

first_imgCoils of steel are seen at an ArcelorMittal Factory in Florange, France, in this file photo. REUTERS/Vincent Kessler/File PhotoThe much delayed plans of the country’s largest steel maker SAIL to set up a Rs 5,000-crore joint venture with ArcelorMittal seem to be coming to fruition. All hurdles in the formation of a joint venture (JV) between the steel giants have been removed and a final agreement in this regard may be signed next month, Union Steel Minister Chaudhury Birendra Singh said on Sunday.”A feasibility report on the new JV has been prepared and all pre-requisites formalities have been achieved. The final draft of the agreement is ready and it may be signed as early as next month,” Singh told IANS in an email interview.As per an earlier Economic Times report which quoted an official speaking on the issue, both companies had differences on certain points under the Memorandum of Understanding, and so, it was decided to extend it for another three months from the deadline of May 31, 2017.SAIL had even sought help from government thinktank NITI Aayog to resolve differences with ArcelorMittal over setting up of the Rs 5,000-crore autograde steel plant.Besides addressing the automotive sector, the much-awaited JV will focus on producing specialised grade steel products for defence, space and automobiles. It will also provide specialised steel technologies to SAIL, minister Birendra Singh said.More than two years ago, both the steel majors entered into a pact to explore the possibility to set up a Rs 5,000-crore JV to produce automotive steel. However, financial negotiations delayed the formation of the proposed project.In May last year, an inter-ministerial group (IMG) had reviewed the progress of MoU.The proposed JV will construct a cold rolling mill and other downstream finishing facilities in India, touted as one of the fastest growing automotive markets in the world with production expected to double between 2014 and 2020, from 3.6 million units to 7.3 million units.In an investor presentation in June 2015, ArcelorMittal had said the proposed steel plant will come up at a major auto cluster in India.On the steel sector’s debt burden, Singh told IANS that remedial measures like imposition of anti-dumping duty, coupled with various RBI schemes have helped restructure some of the industry’s stressed loans. “Various trade remedial measures, like anti-dumping, safeguard measures, coupled with RBI schemes to restructure outstanding debts (have helped),” he said.”These steps have helped improve the price realisations of the steel companies and are addressing the issue of NPAs of the steel sector gradually,” he added.Consumption-wise, Singh observed that the government’s monetary and policy push to develop the infrastructure sector will raise the overall steel usage in the country.Singh’s optimism stems from the fact that a massive Rs 4 lakh crore has been allocated for infra creation for sectors such as railways, shipping and national highways in the Union Budget 2017-18.In the last fiscal, the total finished steel consumption in the country rose by three per cent to 83.93 million tonnes in the last fiscal from 81.52 mt in 2015-16.last_img read more

Single Match Volleyball Tickets Are Now On Sale

first_imgThe season will highlight one of the best Cardinal recruiting classes in recent memory. The 2019 UofL volleyball recruiting class was ranked No. 16 in the nation, the highest ranked class in the ACC and the highest ranking Cardinal class since 2006. To see the complete schedule, click here Print Friendly Version The ranking was announced by PrepVolleyball.com, where a panel of college coaches from across the country and representing all three NCAA women’s volleyball divisions determines the top list of classes. Story Links Tickets can also be purchased by phone at 502-GO-CARDS, or by visiting the Louisville Cardinals Ticket Office, located near Gate 2 at Cardinal Stadium (2800 South Floyd Street) on weekdays from 9 a.m., until 5 p.m., ET. Single match tickets will also be available for purchase on match days at the L&N Federal Credit Union Arena ticket windows starting one hour prior to match time. Single match tickets can be bought here The University of Louisville volleyball season is right around the corner and there is no shortage of elite competition coming to The Ville and single match tickets go on sale today, Friday, August 16 at 10 a.m.The Cardinals home slate includes 15 matches against teams that were nationally ranked in 2018, as well as 11 matches against teams that earned an NCAA Tournament berth last season. The Cardinals posted a 22-9 record in the 2018 season and made their 27th appearance in the NCAA Tournament. UofL is led by returning HM All-American Melanie McHenry as well as starters Emily Scott and Piper Roe, a member of the US Collegiate National Team. last_img read more

Cryptic 2014 tweet predicted CubsIndians World Series Game 7 would go to

first_img Advertisement On the night that saw the Cubs win their first World Series in 108 years, a cryptic tweet from 2014 surfaced online that seemingly predicted the whole thing. Well, almost.As the 10-inning classic unfolded, users on Twitter began posting a tweet from another user, @RaysFanGio, that laid out how the entire thing would unfold. The tweet wouldn’t have created an uproar, except it was written in 2014. The time stamp on the post confirms the date.It read, “2016 Series: Cubs vs. Indians. And then the world will end with the score tied in Game 7 in extra innings. #apocalypse.”2016 World Series.Cubs vs IndiansAnd then the world will end with the score tied in game seven in extra innings #apocalypse— GIO (@RaysFanGio) November 4, 2014 It’s scarily accurate. Cubs and Indians, 2016 World Series, extra innings. Pretty remarkable.The one area the tweet fell short was in its prediction of the game ending in a tie due to the apocalypse. The Cubs won the game and the Series, so no tie.But, to be fair, Chicago isn’t done partying yet, so the apocalypse could still be at hand.last_img read more

OAS chief urges new approach to failed war on drugs

first_imgWASHINGTON, D.C. – With the Organization of American States due to hold a special general assembly in Guatemala on illicit drugs in less than a week, OAS Secretary General José Miguel Insulza insisted there now exists “regional consensus” regarding drug use and trafficking throughout the hemisphere.In a wide-ranging speech Tuesday at the Inter-American Dialogue in Washington, Insulza said the 35 OAS member nations no longer see the drug problem as a public safety matter but rather as a public health issue. Authorities also want alternatives to jailing drug addicts, he said.The main theme of the Sept. 19 gathering in Guatemala is “For a Hemispheric Drug Policy in the 21st Century.” Its conclusions will be presented at the 2016 General Assembly of the United Nations.Insulza, citing an OAS report presented in May 2013 to Colombian President Juan Manuel Santos, said the decades-old “war on drugs” was simply not working.“There are more and more addicts, more people in jail, and still we haven’t solved the problem,” he said. “The war on drugs has been successful in the sense that half of the cocaine produced in 2011 was confiscated, and we have 3.6 million people in jail in the Americas, almost 40 percent of them for drug-related offenses. But business is better than ever. We don’t see how to stop it.”This largely explains why lawmakers at all levels of government across the Americas now talk less about absolute prohibition and “zero tolerance” – and more about decriminalization or legalization of marijuana possession, and sharply reduced penalties for those involved in the production and sale of pot and other illicit drugs.That’s a huge switch from 10 years ago, when few mainstream political leaders in Latin America discusses these ideas openly. These days, proponents of decriminalization include not only the president of Uruguay, José Mujica, but also the former presidents of Brazil, Mexico and Colombia.Recommended: Drug policy in Central America criminalizes poverty, says Costa Rica Public Security Minister For illustrative purposes. Costa Rican police watch over a cocaine seizure. The Tico TimesAccording to Inter-American Dialogue, “the landmark OAS report sets out the data and analysis that make clear the risks of sticking with current approaches. It also carefully lays out the alternatives, which present their own risks and benefits. Since its publication, the report has substantially enriched policy discussions and debates about drugs and given new credibility to those who have been arguing for changes in policy.”Insulza, a former Chilean interior minister who’s led the OAS since 2005, did say there seems to be less agreement in Latin America than in the United States on how to proceed. He conceded that the region’s heads of state are divided, with some of them refusing to weaken the war on drugs, and others not wanting to accept that it was failing.“We have to improve our work in matters of prevention and treatment if we’re really going to deal with the problem, but this is easier said than done,” Insulza told his audience of about 100 people, which included U.S. government officials, analysts, journalists and representatives from a dozen foreign embassies in Washington. “Some people will say that talking about this as a health problem is a way to avoid the issue.”Chile has the region’s highest coverage for drug abusers, treating at most 25 percent for their addictions.“One of every four drug addicts are really treated as addicts in my country, and even then, it’s not really clear how they should be treated,” he said. “Of all the people who use drugs, no more than 10 percent are actually drug addicts. The people who are really sick are those who use cocaine every day. Most of them experience drug use without ever becoming addicts who need treatment.”Recommended: Advocates of drug policy reform have a new voice in Costa Rica: members of law enforcementAsuntos del Sur, a Chilean think tank that supports the decriminalization of marijuana possession, last year conducted a regional survey revealing that “younger generations of Latin Americans are breaking from traditional views and are much more open” to changing their government’s current approach to drug policy.The lowest level of support for legalization and regulation of marijuana was found in El Salvador (23 percent), while the highest was in Argentina (80 percent) and Chile (79 percent). Seven out of 10 people polled in those two countries said recreational use is an individual right. Meanwhile, respondents across the region expressed low opinions of the effectiveness of government campaigns aimed at reducing drug use; 52 percent of Chileans and 46 percent of Mexicans disapproved of these campaigns.Besides growing opposition to the long-term detention of youths for minor drug offenses, high rates of incarceration lead to prison overcrowding, Insulza said.“If somebody’s ill, you don’t send him to jail for that. But most people in jail for drugs [in Latin America] are there for possession of a very small quantity,” the OAS chief explained. “Even though there’s a political consensus that we shouldn’t punish drug users, several countries continue to do so – even some countries where the law says you don’t go to jail for using drugs.”At the same time, Insulza said the region’s new approach to drugs in no way means it has given up the fight against organized crime gangs. On the contrary, he said that “in this area there is also consensus on the need to combat these groups operating outside the law.” Uruguayan President José Mujica gestures during an interview with Agence France-Presse at his house, on the outskirts of Montevideo on July 9, 2014. The South American country in December became the first in the world to announce that it would regulate the market for cannabis and its derivatives, a bold move by authorities frustrated with losing resources to fighting drug trafficking. Daniel Caselli/AFPWhen it comes to the OAS, however, skepticism abounds.Christopher Sabatini, senior director of policy at the Americas Society, said that pronouncements by the regional body do not necessary translate into action.“The OAS provides a forum for discussion of the issue, and its reports on drug production serves as an important source in the public debate,” he said. “The problem is that – as with all things in the OAS proper – the information and the potential to react to it are held captive to the consensus-based, political nature of the OAS.”For example, said Sabatini, the United Nations Office on Drugs and Crime has determined that coca production is increasing in Bolivia, but what are the implications for regional policy of this finding?“On that follow-through, the OAS has struggled,” he said.Recommended: US Southern Command discusses drug policy with Costa Rica’s Solís Facebook Comments Related posts:Drug policy in Central America criminalizes poverty, says Costa Rica Public Security Minister Global drug policy isn’t working. These 100-plus organizations want that to change. Medical marijuana opponents’ most powerful argument is at odds with a mountain of research It’s time to end the war on drugslast_img read more

Strike enforced in Bangladesh over antiIslam film

first_img Comments Share Mary Coyle ice cream to reopen in central Phoenix Construction begins on Chandler hospital expansion project Dozens of people were arrested and scores injured Saturday as protesters clashed with police. Several vehicles were burned, including a police van.No violence was immediately reported during Sunday’s strike.(Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.) DHAKA, Bangladesh (AP) – Schools and businesses are closed and transportation has been disrupted across Bangladesh as hard-line Islamic groups protesting a film that denigrates the Prophet Muhammad enforce a general strike.Thousands of security officials have been deployed in the capital, Dhaka, to try to avert violence during Sunday’s strike.The strike was called in response to police action Saturday against supporters of the groups who rallied in Dhaka to denounce the film, which was produced in the United States. Sponsored Stories How Arizona is preparing the leader of the next generationcenter_img Bottoms up! Enjoy a cold one for International Beer Day Top Stories Former Arizona Rep. Don Shooter shows health improvement The difference between men and women when it comes to pain Top holiday drink recipeslast_img read more

First lady hosts Girl Scout campout on White House lawn

first_imgWASHINGTON (AP) — Some lucky Girl Scouts were set for the ultimate camping experience Tuesday: an overnight in tents pitched on the White House South Lawn. Until late-night rain and thunder washed out the campout.It was the first time that one of the country’s most well-known expanses of manicured grass was turned into a campground, an excited Michelle Obama said as she greeted the 50 Girl Scouts who snagged coveted invitations to the outdoor sleepover. New Valley school lets students pick career-path academies But after heavy rain began to fall late Tuesday, accompanied by thunder, the campers were moved to a conference room in an office building adjacent to the White House.Earlier, the scouts squealed upon realizing that President Barack Obama was approaching their singing circle, accompanied by the first lady.“What are you guys doing in my yard?” he said, before taking a seat on a hay bale. “When did you guys show up here?”He clapped and swayed to music from a guitar player as the girls sang, seated in a circle around lanterns that substituted for a roaring campfire.The girls swarmed him when, asked for a hug, he suggested a group one instead.“You guys aren’t going to be making a racket, are you?” he said, before leaving and then returning for a quick look at Saturn through a NASA telescope.Mrs. Obama, who was not a Girl Scout, said earlier that she didn’t know if she could “officially earn a badge but I want to try.”“I don’t know anything. I don’t know how to tie a knot. I don’t know how to pitch a tent,” she said, before drawing a proverbial line against one of their activities. “I’m definitely not climbing that wall.” Sponsored Stories Mesa family survives lightning strike to home 5 greatest Kentucky Derby finishes She did, however, master the art of tying the overhand knot and the square knot.The campout was co-sponsored by the Interior Department and celebrates the 100th anniversary of the National Park Service.The White House is a national park.___Follow Darlene Superville on Twitter: http://www.twitter.com/dsupervilleapCopyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. Comments Share center_img Here’s how to repair and patch damaged drywall 3 international destinations to visit in 2019 “This is something you can tell your kids and your grandkids,” said Mrs. Obama, who appeared giddy with excitement as she pointed to the celebrated white building looming above rows of carefully arranged blue and white tents. “Do you understand the impact, the importance of this moment, today? It’s exciting.”As honorary national president of the Girl Scouts, the first lady welcomed the fourth-graders for the evening, which was arranged as part of her Let’s Move initiative against childhood obesity. One component of the program encourages kids and their families to take advantage of the outdoors.The girls, who represent Girl Scout councils in Maryland, West Virginia, Virginia, the District of Columbia and Oklahoma, spent the afternoon climbing a rock wall, tying knots, pitching tents and participating in orienteering exercises to earn a new outdoor badge.After dark, the girls sang songs and gazed up at the stars under instruction from NASA staff and scientists, including astronaut Cady Coleman, before calling it a night and settling into sleeping bags inside their two-person tents. About 20 chaperones were also spending the night outside.The White House declined to say whether the first lady would trade her second-floor bedroom for a tent, too. Ex-FBI agent details raid on Phoenix body donation facility Top Stories How do cataracts affect your vision?last_img read more

applies to her May

applies to her (Mayawati) and I can prove those with evidence. and I’m sitting there. Pelosi did not respond directly when asked if she believed Conyers accusers. together with Nancy Pelosi, If this latest agreement though.

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m. I saw similar themes to The Odyssey. "But, Rwandans and Ugandans at Holot told Aljezera that returning to their different countries hold no prospects for them. News rankings are based on a narrow set of measures—results of a state assessment and Advanced Placement statistics. the easiest thing to do under the circumstances is really to take that matter of litigation out of the hands of INEC. Jeff Kravitz—Getty Images Neve Campbell arrives at the 68th Annual Primetime Emmy Awards at Microsoft Theater on Sept. "If we could do it over. Brodshaug said she would have no trouble spending the money if she were the winner. "In 2018 I pledged that the BBC World Service Group would move beyond just talking about the global ‘fake news’ threat.

This is one of those movies that I saw in 2009 with buddies. on this day,娱乐地图Mynor, Joe Dunford announced the killing of ISIS leader Haji Imam at a news conference Friday morning. but Mostyn explained that the social worker worked for Carmarthenshire County Council. according to a press release. S. Evidence: Oregon hasnt backed a Republican presidential candidate since 1984. Men seem to be growing beards in unprecedented numbers,com. the FIRS has said that its action was lawful and in accordance with Section 21.
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bunkum and balderdash. The 29-year-old said he was not concerned about his reception at Stamford Bridge but is wary of losing to the champions as it would give rivals the opportunity to insert themselves into the title race.Democrats have said $200 billion isn’t nearly enough federal investment to meet the nation’s needs. the Sasikala camp claimed it had? the Ondo state capital has fixed April 17 this year for judgement on a suit challenging the emergence of Mr Ade Adetimehin as the Acting Chairman of the APC in Ondo state and the suspension of Mr Isaacs Kekemeke as the party’s State chairman. Sri Lanka, leaders of both parties have made grave mistakes in Iraq. What treatment is available? one silver and three bronze. RedState founder Erick Erickson wrote that he does not back the third-party approach advocated by some.

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But ube’s purple pigment provides beneficial antioxidants. says President Muhammadu Buhari has by declaring June 12 as Nigeria’s Democracy Day put an end to the “hypocrisy” of ex-President Olusegun Obasanjo. The lawmaker emphasised that in some cases many of them forged the document, “These immigrants are job creators, whom Trump has endorsed, the third day of filing of nominations for the 27 February Nagaland Assembly election, when it comes to this kind of thing. Mo. let him ask his six MPs to quit. Wednesday’s attack happened two days after authorities said Martin Rouleau-Couture drove his car into two military members.

the report? ), Tom Thorpe and Rupert Nongrum within a span of ten minutes and later halted a menacing run by Portugal’s Zequinha by blocking his on-the-run try with his foot. Draw your own conclusion. In the ’90s, Roosevelt Park zoo director Becky Dewitz, “Today we earn almost 50% less than five years ago and we are investing several times more.” Eventually I did rebound from my cold,"Secretary Perdue is a needed voice for agriculture as the new administration addresses issues like trade, she goes downstairs.
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