10 months agoReal Madrid wing-back Marcelo: Don’t go over the top about Isco

first_imgReal Madrid wing-back Marcelo: Don’t go over the top about Iscoby Carlos Volcano10 months agoSend to a friendShare the loveReal Madrid wing-back Marcelo has no doubts about the commitment of Isco.The midfielder is being linked with a move in January.”We all know his quality,” said Marcelo when talking about Madrid’s No. 22.”For me, he is the one [in our squad] with the most quality on the pitch.”Sometimes players play more, sometimes less, there are different moments.”We should not go over it so much.”Isco is with Madrid to the death, like all the players.” About the authorCarlos VolcanoShare the loveHave your saylast_img read more

UPT Adds Two Vessels to Handy Pool

first_imgzoom Hamburg-based shipping company United Product Tankers (UPT) informed that its UPT Handy Pool Fleet has been expanded with two tankers. Namely, Sea World Management from Monaco has added two Handysize vessels to the UPT-managed fleet.The MR1 ships in question are the 36,000 dwt Aston I and the 40,050 dwt Duke I.The Monaco-flagged Aston I was built at South Korean Daedong shipyard in 2001 and the Panama-flagged Duke I at Hyundai Mipo Dockyard in 2002.As explained, Aston I is joining the UPT Pool within August, while Duke I will start trading in the company’s fleet after the completion of its present employment.The fleet entrusted to UPT comprises double hull product tankers between 33,000 and 75,000 dwt.last_img read more

US allies to bring electricity to most of Papua New Guinea

first_imgPORT MORESBY, Papua New Guinea — The U.S., Japan, New Zealand and Australia say they’ll bring electricity to 70 per cent of Papua New Guinea’s people by 2030, boosting the West’s response to growing Chinese influence in the South Pacific.The four countries and Papua New Guinea signed the electricification agreement Sunday at the Asia-Pacific Economic Cooperation meeting behind held in the capital Port Moresby.U.S. Vice-President Mike Pence says it shows the strength of their commitment to the region.Only about 20 per cent of Papua New Guinea’s 8 million people have electricity and for a significant proportion of them the supply is not reliable.The announcement comes after the U.S., Japan and Australia in July announced a joint effort to finance infrastructure in Pacific island states which China has aggressively wooed with loans and aid.The Associated Presslast_img read more

Drivers expected to see delays as Site C work continues

first_imgFORT ST. JOHN, B.C. – B.C. Hydro is advising drivers that they can expect some traffic delays as part of the ongoing work for the Site C Dam Project.Currently, Hydro is moving large penstock segments from a manufacturing facility in Fort St. John to the Dam.According to B.C. Hydro, due to the size of the penstocks, there will be minor traffic delays along Old Fort Road as the equipment is moved on oversized trucks. The moving of equipment will be taking place now until June 2021.Another delay that drivers can expect is a short detour on Old Fort Road.As B.C. Hydro constructs a conveyor belt system, a section of Old Fort Road will need to be dug up as they lay the system under the road.This will be taking place at Old Fort Road and Shaman Industrial Way and is expected to last until the end of June.For more information, you can visit SiteCProject.com.last_img read more

The job paradox

first_imgA paradox is a situation when a mathematician proves a thing true which is otherwise untrue. The latest CII report on net job creation in the MSME sector probably falls in this category of paradox as against all gloom over joblessness in the country. The report was a surprise because only a few weeks ago NSSO’s leaked survey said the unemployment rate was worst in 45 years. The chairman of PM’s Economic Advisory Council had said, “We will have a new round of the NSS which will… show …substantial employment and substantiated job creation”. Now CII has come up with a survey that proves his claim. Everything seems to have a pattern in this election season. The CII report claimed that MSME sector in India has shown a 13.9 per cent net increase in jobs in the last four years, ie a 3.3 per cent growth per year. It was the result of surveying 1.05 lakh selected MSME firms based in 350 industrial centres across 28 states of the country. CII research scholars, let us assume they are bonafide, seem to have forgotten to verify the survey results they landed at with other tools available. A little common sense will convince that the level of growth in job creation should have been reflected in the growth pattern of everything of or related to MSMEs, such as investment, credits, production, electricity consumption, deployment of machineries, and the status of their being operational or closure etc on the one hand, and savings, consumption, and well-being of the employees on the other on the other. Since MSME is the second largest sector in providing employment in the country giving employment to about 12 crore people, such level of net job creation should have not been gone unnoticed by common people as well as experts. One cannot understand as to why there is no explanation on the fact that out of about 63.4 million registered units few millions remained non-starter, and another few millions shut down. As per a report published by SIDBI in association with TransUnion Cibil only 51 million MSME units were operational at the end of the period under consideration. Shutting down or closure of about 12.4 million units does not reflect the growth. Every document, the government’s and the institutions’ mentioned the adverse impact of demonetisation and implementation of GST, from which the MSMEs are now recovering, albeit slowly. Even RBI mentioned the dual economic disruption for the corresponding period in connection with the credit off-take by MSMEs which remained very poor along with overall NPA rate for the sector hovering around 8 to 11 per cent. One of the SIDBI-Cibil report mentioned that default rate among the MSME borrowers taking multiple loans for a period of 60 days have increased from 2.5 per cent to 4 per cent during September 2015 to September 2018. Even Industry people claim that MSMEs are in crisis and therefore, they are not able to earn even enough to pay their debt. Had there been growth in jobs, it would have been translated into earning of the MSMEs with less number of defaulters. One cannot also ignore the fact that the growth of MSME GVA has been sharply declining since 2012-13 when it was 15.27 per cent. The latest data available with the Central Statistics Office (CSO) shows that the growth rate declined to 7.62 per cent at the end of March 2016 per cent of the GDP. When we consider it in the backdrop of the widening of the domain of this sector across sectors of the economy producing a diverse range of products and services the relative growth of each individual sector, it is clear that all of them are declining. The trend aggravated more sharply after demonetisation and introduction of GST. In the backdrop of the recent controversy over ‘jobs’ and ‘joblessness’ in India, the CII survey itself has become a suspect. First, because the report lauds certain Union Government’s programmes such as a beneficiary does. Secondly, the pragmatics of language reveals that its language is not that much neutral as a research work or survey requires. Thirdly, it has its limitation too obvious, because the data on which the report is compiled is provided by the government’s Labour Bureaus. Fourthly, it has a very small fresh empirical data set that cannot be treated as conclusive and quality of sampling and analysing data is questionable. The sample is from the operating MSMEs while the job losses in about 12.4 million shutdown or closed units are not taken into consideration while calculating the net job creation. Moreover, the claim contradicts all available data provided by the government and other national and international institutions. In the fag-end of January this year, the leaked NSSO’s report said that joblessness in India touched 6.1 per cent, the worst since 1972-73, in July 2017-June 2018. The government was not ready to publish this report though it was scheduled to be released in December last year. Two of the senior members had to resign in protest. NITI Aayog clarified that the report was being processed, but not contradicted or approved the content. Aayog merely called it a draft report and promised to share it by March, which is yet to happen. NITI Aayog CEO, however, had accepted lack of good quality jobs and the crisis of the large informal and MSME sector. The Centre for Monitoring Indian Economy, a leading independent think-tank, said the country lost as many as 11 million jobs last year. Though the Govt of India claimed that MSMEs have created 11.10 crore jobs during 2014-18, we find discrepancies in the data. How such level of job creation is possible when even skilled persons are not getting jobs? For example, MSME technology centres skilled 6.42 lakh people but provided only 91.6 thousand jobs in four years. Under ATI, 2.07 lakh people were trained but only 43.7 thousand got wage employment, and 21.7 thousand could be self-employed. A recent RBI report said that the core problem of MSMEs of lack of access to formal finance remains which means the sector is still suffering from financial crisis. How can they have contributed to job creation up to such an extent while struggling for their own survival? Most probably the CII survey has landed at wrong conclusion. There is no reason to believe it to be true and all other directly or indirectly contradicting official and non-official reports false.(The views expressed are strictly personal)last_img read more

Pak appoints its envoy to India as new foreign secretary

first_imgIslamabad: Pakistan’s High Commissioner to India Sohail Mahmood has been appointed as the country’s new foreign secretary, Foreign Minister Shah Mahmood Qureshi said Sunday. Qureshi, while talking to reporters in Multan, said that the decision to appoint Mahmood as foreign secretary had been made following discussions with Prime Minister Imran Khan. “Sohail Mahmood is being appointed as new foreign secretary,” he said. Incumbent Foreign Secretary Tehmina Janjua will retire on April 16. It was so far not clear who will replace Mahmood in India. Also Read – Uddhav bats for ‘Sena CM’Qureshi said that he talked with Mahmood on the telephone on Saturday and congratulated him over his new appointment. “He is a seasoned diplomat Even now, after the Pulwama incident took place, he came to the headquarters for consultations and I benefited from his experience,” Qureshi said, describing the deadly terror attack on CRPF soldiers as “incident”. Mahmood was appointed as high commissioner to India in August 2017. He was serving as ambassador to Turkey when sent to India. He previously also served at Washington and New York in addition to other posting in his long career. Qureshi also thanked Janjua for her services. “She always handled things with courage, bravery, clarity, and with a smile,” he said.last_img read more

At Wimbledon Ryan Harrison Suffers Again From His Bad Luck of the Draw

To make the most of their abilities, young tennis players need training, coaching and good health. Then there’s another factor, also important and beyond their control: the luck of the draw.The careers of young Americans Ryan Harrison and Christina McHale show what a difference luck can make. When Harrison has been lucky in Grand Slam tournaments, he has been very good. But he’s usually been unlucky, drawing one of the tournament’s top players in the first round and losing. The latest Harrison conqueror was Grigor Dimitrov, the No. 13 player in the world, who straight-setted Harrison out of Wimbledon on opening day Monday in London. Harrison’s frequent early exits from Grand Slams have contributed to his fall out of the top 100.McHale, meanwhile, has been much more fortunate. She opens her Wimbledon campaign Tuesday against the 97th-ranked player in the world, Chanelle Scheepers. In the 17 Grand Slam tournaments where McHale could have faced a seeded player in the first round, she has done so just three times — and never had an opponent in the top 20.Along with the intended intrigue and variety, the random draw at tennis tournaments creates inequity. For the 128-player Grand Slam singles draws, this is, roughly, how the draw works: The best 25 percent of players are given seeds, and each of the 32 seeded players is slotted in a four-player pod in which the other three players are unseeded (kind of like our Burrito Bracket). In the first round, the seeded player plays one of the unseeded players in the same pod, and the other two unseeded players play each other. Drawing players randomly into these pods, rather than seeding all 128 of them, helps keep things interesting, creating tough sections of the draw and openings elsewhere.Every unseeded player has a one-third chance of drawing a seeded opponent in the first round, which is, generally, an unlucky draw. That’s not always the case: Sometimes the seeded opponent isn’t as tough as rankings suggest, because of weakness on the tournament’s surface or a recent injury. Drawing a weak seed near the bottom of the top 32 players can open up a player’s draw, since the next opponent wouldn’t be seeded.All else equal, though, if you’re unseeded, you don’t want to match up against a seeded player in the first round. Yet Harrison seems to be drawn inexorably toward seeded opponents by some as yet undiscovered magnetic field. In the 16 majors he’s entered as an unseeded player, he’s drawn seeded opponents nine times. By chance alone, he could have expected just five such tough matches. More than 98 percent of players with 16 opportunities to draw a seed in the first round should do so eight times or fewer, according to the binomial distribution. Harrison is in the unlucky 1 percent.Not so with McHale. About 13 percent of players who have played 17 majors as an unseeded entry, as she has, could expect to get three or fewer seeded opponents. She has also never drawn a top 10 opponent in the first round, something just 15 percent of players in her shoes could say.Against unseeded first-round opponents at majors, Harrison is a dominant force: He’s 5-2, including wins in his past five matches. Against seeded opponents, he’s 1-7; Harrison’s loss to Dimitrov Monday was his seventh straight against seeded opponents. All those first-round losses have contributed to Harrison’s drop in the rankings to 150 from 43 two years ago.Luck of the draw matters for non-Americans, too. I studied 18 young men and women at Wimbledon who have entered at least five majors without a seed. Together they have won half of first-round matches against unseeded opponents, but fewer than one-third of matches against seeded players.As hard as Harrison’s had it, he’s been blessed to avoid the fate of David Goffin. The 23-year-old Belgian has entered nine majors unseeded. Seven times he has drawn a seed in the first round, including four top 10 seeds. Of 1,000 players with his Grand Slam history, 999 could expect to have drawn fewer seeded first-round opponents, and fewer top 10 seeds.Goffin hasn’t won a Grand Slam match in two years, and his ranking fate has resembled Harrison’s: He’s dropped from No. 42 in the world to No. 105. His latest rough draw came against defending champion Andy Murray, the No. 3 seed at Wimbeldon. Murray dispatched Goffin in straight sets on Monday. read more

Unai Emery The EPL has the best players in the world

first_imgArsenal manager Unai Emery thinks the Premier League has both the best players and teams in world football.The former Sevilla boss spoke to Sky Sports ahead of FIFA’s The Best awards, in which Cristiano Ronaldo, Luka Modric, and Mohamed Salah were competing for the top prize.“They are very great teams here and every match, like yesterday against Everton, is very difficult.“[There are] very good players, I think the best players and best teams in the world in this competition, they are here.”Jadon SanchoMerson believes Arsenal should sign Sancho Manuel R. Medina – September 14, 2019 Borussia Dortmund winger Jadon Sancho might be the perfect player to play for the Gunners, according to former England international Paul Merson.The Gunners are on a five-game winning streak and Emery believes the squad is buying into his methods and showcasing that on the field.“The players have shown since the first day of pre-season they are trying every day to do the best,” said Emery.“I think we are improving every day and I am very happy.“But we need also time, we need to continue working, improving. Winning is better I think to find this but I think we are on the way.”last_img read more

House Finance Committee Seek Change To PFD Formula Amid Special Session

first_imgFacebook0TwitterEmailPrintFriendly分享The House Finance Committee brought forward a bill seeking changes to the dividend formula going forward. The bill comes a week into the special session. The major items on the call are; the size of permanent fund dividend, crime legislation, and the budget. Knopp: “The PFD is on the call, but this comes with a catch. Representative Wilson is suggesting we pay out a $3,000 dividend, but as you know it comes with the caveat that we have to write another bill to restructure the formula. That would mean that the governor would have to add that to the call, so I think it’s a long shot.” The current dividend calculation hasn’t been followed the last three years amid an ongoing budget deficit, and dividend payouts have been reduced. Governor Mike Dunleavy has called for a full dividend and said that voters should have a say on any changes to the dividend program. HB 1005 was introduced by Representative Tammie Wilson. Representative Gary Knopp, member of the House Finance Committee: “It is simply an idea that Representative Wilson rolled out to try and find a compromise with the Senate so we can get wrapped up and get out of here.” last_img read more