Sachin Tendulkar announced as ICC Cricket World Cup 2015 ambassador

first_imgThe International Cricket Council (ICC) on Sunday announced Sachin Tendulkar as the ICC Cricket World Cup 2015 Ambassador. It will be the second time he will be the Ambassador of ICC’s pinnacle tournament. He fulfilled the role in the previous event, which was co-hosted by Bangladesh, India and Sri Lanka in 2011.In his role as ICC Cricket World Cup 2015 Ambassador, Tendulkar will promote and support a variety of ICC initiatives to enhance the profile of the tournament, which is the third biggest sporting event in the world and will take place in Australia and New Zealand from 14 February to 29 March, PTI reported. Tendulkar retired from international cricket last year after representing his country in 200 Tests, 463 One-Day Internationals and one Twenty20 International. In a career spanning 24 years, the 41-year-old scored a total of 34,357 international runs and 100 centuries. Tendulkar added the missing World Cup title to his long list of achievements in his sixth attempt in 2011. He is the all-time leading run-getter in World Cup history with 2,278 runs in 45 matches at an average of 56.95. For his 673 runs in the ICC Cricket World Cup 2003, he was awarded player of the tournament as India finished runner-up to Australia. Commenting on his appointment, Tendulkar said: “I am delighted and honoured to be appointed ICC Cricket World Cup Ambassador for the second successive time.” “After playing in the last six editions, the upcoming World Cup will be a different experience as I will follow it from the sidelines. It could probably be comparable to the ICC Cricket World Cup 1987 where I was a ball boy, enthusiastically cheering every ball. “The excitement of the World Cup grows with every new edition and this year’s host nations, Australia and New Zealand, are known for their sporting culture, great cricket facilities and knowledgeable crowds. Lifting the World Cup is every international cricketer’s quest and the tournament brings out the best of individuals and competing teams. “The image of the champion team lifting the World Cup inspires many youngsters around the world and gives them a dream to chase – a dream which I fulfilled after 22 years of relentless pursuit by being part of the victorious Indian team in 2011.” ICC Chief Executive David Richardson said: “The ICC is delighted to once again have Sachin as an Ambassador for its biggest and most prestigious tournament. Sachin is not only an inspiration to cricketers but to all sportspeople for his endurance, perseverance, talent, personality and commitment to the game.” The 11th edition of the ICC Cricket World Cup kicks off in Christchurch on 14 February when co-host New Zealand take on former champion Sri Lanka. On the same day at the picturesque Melbourne Cricket Ground, four-time world champion Australia will square-off against England, which reached the final the last time the event was staged in Australia/New Zealand in 1992. A total of 49 matches will be played across 14 venues, seven in New Zealand (Auckland, Christchurch, Dunedin, Hamilton, Napier, Nelson and Wellington) and seven in Australia (Adelaide, Brisbane, Canberra, Hobart, Melbourne, Perth and Sydney). The format of the tournament is the same as the ICC Cricket World Cup 2011, i.e. two groups of seven sides each, quarter-finals, semi-finals and final. All the knock-out stage matches will have reserve days. Apart from the 10 Full Members, four qualifiers – Afghanistan, Ireland, Scotland and the United Arab Emirates – will take part in the tournament.advertisementlast_img read more

ICC CWC 2019 Preview: Sri Lanka vs. Australia & South Africa vs. Afghanistan

first_imgAdvertisement ALSO READ:Neymar admits only wanting Barcelona and not Madrid AdvertisementThe ICC Cricket World Cup finally after quite a while saw a game yesterday that was not at all marred and ruined by rain in any form at all. Today in the ICC Cricket World Cup, two matches are scheduled to be played, and like every time in England, rain is also expected to happen.The first match of the day is scheduled to take place between two traditionally strong teams in Sri Lanka and Australia. While the second will be played between two comparatively weaker and struggling teams South Africa and Afghanistan.Sri Lanka has struggled a lot lately and ever since the retirement of key players and former captains like Kumara Sangakara, Mahela Jaywardane, Sanath Jayasuriya, TM Dilshan, etc, they have had a very weak and watered down squad.On the other hand, Australia is just as mighty as ever and are clearly one of the teams to beat in this tournament.Sri Lanka has also been struggling with a lot of their players like Angelo Matthews being massively out of form. Lasith Malinga is also old and out of his prime now and is not the same bowler he used to be.Australia has plenty of X-factor players in their team. However, the way in the last game their batting order failed apart from the openers should surely be a cause of worry.In the second game of the evening, i.e. South Africa vs. Afghanistan should have been a routine winnable game for South Africa. Though, in this tournament, they have been in terrible form. Both teams are low on the points table and will be looking to get their first win.For South Africa, Lungisani Ngidi’s injury has further bogged down their campaign and has left them unable to take wickets. Their batting has been rather toothless as well, with all their star batsmen like Quinton de Kock, Hashim Amla, Faf du Plessis, etc all failing miserably so far.Afghanistan is relatively young in the cricketing world and for them to even qualify for the tournament is a victory in itself, but if they can secure a win in even one of these CWC game, especially beat a team like South Africa will be to massively punch above their weight, something which they will surely fancy.last_img read more

Despite President Trump’s promise, Honda, GM to jointly produce fuel cell power system

first_imgHonda Motor and General Motors (GM) will jointly produce pollution-free hydrogen fuel cell power systems in the United States from around 2020, despite President Donald Trump’s promises to dismantle US environmental regulations intended to spur green car demand.At a briefing in Detroit, GM executive Mark Reuss said the fuel cells could be used in autonomous vehicles, as well by ride-sharing companies, such as GM affiliate Lyft. He also said fuel cells could have aerospace and military applications.ALSO READ:Volkswagen sells more cars than Toyota in 2016The companies on Monday said they will invest $85 million to add a production line at a GM battery plant in Brownstown, Michigan, and create 100 jobs. The fuel cell production line will be partly automated and is designed to be quickly scaled up if demand warrants.The companies’ US investment plan is the latest this month from the auto industry after Trump urged car makers to raise production in the United States and vowed to cut regulations, including environmental ones, and taxes to make the US more business friendly.Honda on Monday said fuel cell vehicles (FCVs) remained central to new-energy cars making up two-thirds of its line-up by 2030 from around 5 percent now.ALSO READ:Toyota unveils all new Camry in the US”The United States is where demand for fuel cell vehicles is going to be among the highest so we’ve decided to consolidate our manufacturing operations into one location there,” Honda spokesman Teruhiko Tatebe said at a joint news briefing in Tokyo.Honda is among a handful of automakers to develop FCVs, which combine hydrogen and oxygen to produce electricity and emit only water. But limited fuelling infrastructure has limited demand while in the United States while low petrol prices have pushed consumer preference toward sport utility vehicles and pick-up trucks.advertisementHonda has produced just 118 of its Clarity Fuel Cell cars since its US and Japan launch last year at a relatively high price of 7.66 million yen ($66,795).ALSO READ:GM puts on hold investments on new products for IndiaHonda makes that vehicle’s components in Japan but on Monday said it would eventually shift production of fuel cell power systems to the US to cut costs. It said it had not decided whether to continue assembling FCVs at home in the longer termAt GM, research into hydrogen as a fuel stretches as far back as the mid-1960s with a modified Chevrolet Corvair minivan.As part of a development partnership formed in 2013, the latest agreement will see GM and Honda each hold 50 percent of newly formed Fuel Cell System Manufacturing LLC. Their future FCVs will share the same power system from around 2020.ALSO READ: GM India celebrates highest number of exports for Beatlast_img read more

England’s women sunk in friendly by Viviane Asseyi’s late goal for France

first_imgShare on Facebook Share on Messenger Despite this latest defeat by an old enemy, an encouraging second-half show will have done Mo Marley’s hopes of morphing from caretaker to long-term manager no harm.Unable to leave their troubles behind, England found themselves in the eye of another storm as Lee Kendall, their goalkeeping coach, was ordered to fly home from northern France on Friday as Tim Dittmer, the men’s Under-21 equivalent, arrived to replace him.Kendall has not been suspended by the Football Association but is the subject of an internal investigation over claims of unacceptable behaviour. This relates to Eni Aluko’s revelation that he used to address the Lagos-born forward in a mock Caribbean accent.“I’m not going to lie, it’s been a tough week, change is hard,” said Marley. “Lee is not with us but I’ve had to separate myself from it and bring stability to the team.” At the end of an awful week for the FA, Sampson and the women’s game in general, this friendly offered England a chance to remind everyone why they have risen to No3 in the world.The former coach may be widely depicted as a national villain but the reality is that Sampson was largely popular with a squad who not only liked him but respected the ability which led them to World Cup and European Championship semi-finals.His sacking last month for inappropriate behaviour in a previous job at Bristol Academy provoked disappointment in the camp and Marley acknowledges it may take some erasing. On Wednesday a long festering, multi-dimensional, crisis deepened when the FA was forced to apologise to Aluko and her Chelsea team-mate Drew Spence after Sampson was found to have subjected them to ill-judged, racially discriminatory jokes.As Aluko took the floor in front of a Parliamentary Select Committee which would later call senior FA officials to account, Sampson’s highly promising career appeared shredded along with his reputation.A man once regarded as something of a golden boy in FA circles, is considering taking legal action against the governing body and has severed contact with his former employer. He clearly feels he was in effect thrown under the bus once those in Wembley’s corridors of power began feeling the heat of Aluko’s complaints.If the squad have not relished the attendant scrutiny, it helped that his interim successor is a familiar face, Marley having coached most of this squad at Under-19 level. She has applied for the job full-time and has two more auditions in the form of next month’s World Cup qualifiers against Bosnia and Kazakhstan.Under the new management of Corinne Diacre – the former coach of Clermont Foot, a Ligue Two men’s side – France wanted revenge for England’s Euro 2017 quarter-final victory in the Netherlands.That represented a first defeat against their cross-Channel rivals since 1974 but both sides looked like teams in transition during an untidy yet fairly even first half. England had plenty of possession but did not always do a lot with it before needing to defend well at times. Siobhan Chamberlain excelled in repelling Valérie Gauvin’s header and Steph Houghton made a decisive block to deny the same striker.Sue Campbell, the head of English women’s football, said on Friday night the players will have a say in the selection of Sampson’s long-term successor but they certainly looked to be performing for Marley as they began the second half in highly convincing mode.Even so, England again had Chamberlain to thank for frustrating France by saving from Eugénie Le Sommer. Asseyi, though, enjoyed the last word, heading the winner when Marley’s goalkeeper misread a cross. Share on LinkedIn England Women’s goalkeeping coach Lee Kendall sent home from France Share on Twitter Women’s football England may not be finding life after Mark Sampson overly easy but they discovered a sanctuary of sorts on the pitch before succumbing to Viviane Asseyi’s late winner. match reportscenter_img Read more Topics Reuse this content Share on Pinterest Share on WhatsApp Share via Email England women’s football teamlast_img read more

Chess: England’s medallists battle jetlag but rack up six wins in 4NCL

first_imgForty-eight hours after the world team championship closing ceremony in Astana, Kazakhstan, England’s jet-lagged trio of team silver and individual board medal winners Luke McShane (gold), Gawain Jones (silver) and David Howell (bronze) were in action again in the penultimate weekend of the 4NCL, Britain’s national league. Not conveniently near Heathrow, either – they had a further tiring journey to Telford in the West Midlands. Support The Guardian Since you’re here… Twitter Share via Email news 3611 1 Bh7+! so that if Kf8 2 Qxh6! gxh6 3 Rxf7 mate. The game ended 1…Kh8 2 Bg6! and Black resigned faced with fxg6 3 Nf7+ and 4 Nxd8. Chess England’s world team championship squad (left to right): Jonathan Speelman, Luke McShane, Michael Adams, Gawain Jones, David Howell and Malcolm Pein. Photograph: David Llada Quick guide Gediminas Sarauskas v Luke McShane, 4NCL, Telford 2019 Thank you for your feedback. Share on Messenger Chess: England win first major medal in 22 years with silver at world teams Was this helpful? Reuse this content The decorated trio notched up a combined result of six wins in six games. It was a significant feat, since jetlag is well known to affect chess players and another participant at Astana, attempting the same operation in a different European league, lost badly with the comment: “My brain was just useless.”Jones and McShane led the Guildford team which continued its record unbeaten run, now standing at 72 wins and two draws spread over more than six years. Guildford has 8/8 match points, followed by Howell’s Cheddleton squad and chess.com Manx Liberty on 6/8.Manx was level with Guildford in February, but was then beaten by Yorkshire’s White Rose, for whom James Adair scored in this week’s puzzle.The title deciders are at the final league weekend in early May, when Guildford meet both Cheddleton and Manx. The Surrey team is far ahead in tiebreaking game points, so the realistic question is whether well-financed Manx can end Guildford’s mammoth unbeaten run and thus gain a psychological edge for a serious title challenge in 2019-20. Rumour has it that Manx will really go for it and bring in a couple of 2,700-rated elite GMs to outrate Jones and McShane, plus some 2,600s in support. Share on Twitter Share on Facebook A different question prompted by the England medal trio’s intercontinental dash is why they took such trouble, since their teams won by wide margins anyway. At least part of the answer lies in the bunched live ratings, which show England’s top five – the medal trio plus Michael Adams and Matthew Sadler – covered by a mere 15 rating points between Howell 2,701 at world No 39 and McShane 2,686 at world No 54. The race is on to succeed Nigel Short and Adams as top dog and every rating point counts.McShane’s win below was a classic case of too many early queen moves, here seven of the first 14, by his opponent. White’s homespun plan was intended to dodge the mainline Berlin Wall 5 d4 or 5 Re1, but when the errant queen finally returned to base by 14 Qd2 McShane already had a pleasant position with active bishops and knight.White tried a tactical trick 19 Bxc7 but McShane struck with 20…f5! and 23…Bxg2! comically netting the white queen still recovering at d2 from her early sortie. In theory there was still work to do with rook, knight and pawn for queen, but Black’s active queen soon homed in on the a2 pawn and White resigned due to 34 Ra1 Qa3 35 h4 Qb2 when the queen eats White’s a2 pawn and Black’s own a pawn has a clear run. Pinterest Leonard Barden on chess Share on LinkedIn … we have a small favour to ask. More people are reading and supporting The Guardian’s independent, investigative journalism than ever before. And unlike many new organisations, we have chosen an approach that allows us to keep our journalism accessible to all, regardless of where they live or what they can afford. But we need your ongoing support to keep working as we do.The Guardian will engage with the most critical issues of our time – from the escalating climate catastrophe to widespread inequality to the influence of big tech on our lives. At a time when factual information is a necessity, we believe that each of us, around the world, deserves access to accurate reporting with integrity at its heart.Our editorial independence means we set our own agenda and voice our own opinions. Guardian journalism is free from commercial and political bias and not influenced by billionaire owners or shareholders. This means we can give a voice to those less heard, explore where others turn away, and rigorously challenge those in power.We need your support to keep delivering quality journalism, to maintain our openness and to protect our precious independence. Every reader contribution, big or small, is so valuable. Support The Guardian from as little as $1 – and it only takes a minute. Thank you. Facebook Topics Share on Pinterest Read more Show Share on WhatsApp Hide 1 e4 e5 2 Nf3 Nc6 3 Bb5 Nf6 4 O-O Nxe4 5 Qe2?! Nd6 6 Bxc6 dxc6 7 Qxe5+ Qe7 8 Qa5? Qd7 9 Qe5+ Qe6 10 Qa5 Be7 11 Re1 Qd7 12 d3 O-O 13 Bf4 b6 14 Qd2 Bb7 15 Ne5 Qd8 16 Nc3 Nf5 17 Nc4 c5 18 Ne3 Nh4 19 Bxc7 Qd7 20 Bg3 f5! 21 Ne2 f4 22 Nxf4 Rxf4 23 Bxf4 Bxg2! 24 Nxg2 Nf3+ 25 Kh1 Nxd2 26 Bxd2 Bf6 27 Bc3 Bxc3 28 bxc3 Re8 29 Rxe8+ Qxe8 30 Ne3 Qe5 31 d4 cxd4 32 cxd4 Qxd4 33 Rd1 Qa4 0-1last_img read more

Henderson refuses to blame Karius

first_imgLiverpool ‘It’s not about Karius and the mistakes he made’ – Henderson defends Liverpool goalkeeper Dom Farrell 07:01 5/27/18 FacebookTwitterRedditcopy Comments(0) LorisKarius - cropped Getty Images Liverpool Real Madrid v Liverpool Real Madrid UEFA Champions League Loris Karius endured a nightmare outing as Liverpool went down to a 3-1 Champions League final defeat against Real Madrid in Kiev. Liverpool captain Jordan Henderson insisted it was not right to lay the blame on Loris Karius after the goalkeeper’s error-strewn display handed Real Madrid a 3-1 win in the Champions League final.Gareth Bale came off the bench to score a remarkable 64th-minute overhead kick that put Madrid 2-1 in front, but the Welshman’s second seven minutes from time and Karim Benzema’s opener early in the second half were both down to howling mistakes from Karius.Benzema stuck out a boot to intercept an ill-advised throw from the former Mainz keeper, who fumbled Bale’s speculative long-range shot into his net to seal Liverpool’s fate. 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 “The first one, I’m not really sure what happened,” Henderson told BT Sport. “The overhead kick, he can do nothing and on the third one the ball has got loads of movement on it. That’s never easy.”It’s not about him and the mistakes he might have made. We win as a team and we lose as a team”It’s not about one person, it’s about everybody and we just weren’t good enough on the night.”Liverpool levelled through Sadio Mane in the 55th minute and the Senegal forward also struck the post at 2-1 – leading the Premier League side’s attacking charge after Mohamed Salah departed in the 30th minute with a shoulder injury that could jeopardise his World Cup participation with Egypt.”It’s disappointing, of course. I thought we did well to get the goal and get back in the game,” Henderson said.”But there were mistakes and Madrid are a fantastic side who are always going to hurt you.”They were the better team on the night but in the first 40 minutes we dominated and had a couple of chances.”It’s frustrating but you’ve got to give credit to Madrid.”We did well to get in at half-time at 0-0 [after Salah’s injury]. We kept the speed of our game, we got the goal back but there are a couple of goals that on another night wouldn’t have gone in.” Subscribe to Goal’s Liverpool Correspondent Neil Jones’ weekly email bringing you the best Liverpool FC writing from around the weblast_img read more

Urban Meyer’s Texts Appear To Suggest He Withheld Information From Media Regarding Zach Smith

first_img He also appeared to suggest he would knowingly withhold information from the media when he addressed the situation.“Amazingly all the stuff vs. Zach will get legally dropped and he was fired. Tuff perception world we live in. He was fired for cumulative stuff. I will not tell media,” Meyer said.This exchange between former player Trace Armstrong and Meyer also stood out.Meyer called the decision “easy” but brought up how the charges were dropped and that the perception of the case was why Zach Smith had to go.Oh, and also that he won’t tell the media that. pic.twitter.com/387CIbBVdO— Wyatt Crosher (@wcrosher) August 2, 2019It’s not a good look for the former Ohio State head coach. The situation became extremely muddied last summer surrounding the Ohio State football program.Smith, after domestic violence allegations, was eventually fired by Ohio State ahead of the 2018 season.As for Meyer, he received a three-game suspension and decided to walk away from the program following the 2018 campaign.Stay tuned for more on the developing situation. A closeup of Urban Meyer during an Ohio State football game.NEW ORLEANS, LA – JANUARY 01: Head coach Urban Meyer of the Ohio State Buckeyes looks on prior to the All State Sugar Bowl against the Alabama Crimson Tide at the Mercedes-Benz Superdome on January 1, 2015 in New Orleans, Louisiana. (Photo by Kevin C. Cox/Getty Images)On Friday afternoon, Ohio State released over 2,000 texts and emails related to the Zach Smith allegations that rocked the university – and college football as a whole – last summer.Within the documents were text messages sent and received from former Buckeyes head coach Urban Meyer’s phone.A text exchange between Meyer and agent Trace Armstrong caught the attention of many.In the exchange, Meyer suggested he was forced to fire Smith even after the issues surrounding the former Buckeyes assistant coach were dropped legally.last_img read more

Lab Accreditation Should Be Mandatory – Minister Hylton

first_imgMinister of Industry, Investment and Commerce, Hon. Anthony Hylton, has expressed the view that laboratory accreditation should be mandatory, as is done in other territories.“I think the time has come for us to begin to consider this…the risks are too great,” the Minister emphasised. Currently, labs voluntarily seek out accreditation.Mr. Hylton was speaking on Tuesday, June 25, at the presentation of an accreditation certificate to Biomedical Caledonia Medical Laboratory, the first medical lab to receive the Jamaica National Agency for Accreditation (JNAAC) stamp of approval.Stressing the importance of the accreditation, Minister Hylton said Jamaica is on the verge of an economic transformation with the Global Logistics Hub initiative, and that all of the country’s operations must be able to withstand international testing and scrutiny, in order to effectively compete.“Providing accreditation for our health services will play a major role in that transformation and move us further towards the goals of making Jamaica the choice of place to live, work, raise families and do business,” he explained.Mr. Hylton added that accreditation of local medical labs to international standards is an important step in improving the quality of the health care for Jamaicans and foreigners.“Based on the cost/benefit assessment, there is a growing trend for hospitals in the US and the UK to outsource laboratory and diagnostic tests to developing countries, as it costs, on average, 70 to 80 per cent less,” he told the audience.In her remarks, Chief Executive Officer of JANAAC, Marguerite Domville, emphasised that the process of accreditation is a long one, but an effective health care system is required to: have medical labs that provide accurate results, within the meaningful timeframe that is needed for proper clinical management; and use appropriate lab procedures with respect to ethics, confidentiality and the safety of patients.“A medical lab accredited to the international standard ISO151 89 will deliver this type of high quality service, because a lot is required to meet this standard,” she stated.Mrs. Domville pointed out that the World Health Organisation (WHO) has reported that 70 per cent of clinical decision making is influenced by medical laboratory results.She informed that the medical laboratories requirement for quality and competence standard was developed with strong input from the medical, scientific and clinical international communities for use by medical labs, in developing their management systems, and maintaining their own competencies.The standard was also developed to allow accreditation bodies to confirm, or recognise the competence of these labs, through accreditation.“JANAAC, in conducting these assessments for accreditation, has used a team of technical experts to assess Biomedical lab and is satisfied that they have obtained objective evidence that indicate that this laboratory has satisfied all the criteria specified in this international standard, so you can feel confident when you use their services,” the CEO stated.As part of the accreditation process, there will be three consecutive years of surveillance, including review assessments, to ensure that the lab continues to fulfill the requirements, and at the end of four years, there will be a full reassessment, which is similar to the initial assessment, to ascertain the lab’s competence.Biomedical is the first medical lab in Jamaica to be accredited by JNAAC. The accreditation agency has so far awarded six accreditations to labs which have met the requirements of the international standard ISO/IEC 17-025. These labs are mainly concerned with food and environmental testing.Contact: Alphea Saunderslast_img read more

BOJ Governor Reports Low Inflation in April

first_img Bank of Jamaica (BOJ) Governor, Brian Wynter, says the 3.2 per cent rate of inflation recorded for April 2018, fell below the BOJ’s target range of four to six per cent. Additionally, he said it was lower than the 3.9 per cent out-turn for March 2018, and the 5.2 per cent recorded for December 2017, as reported by the Statistical Institute of Jamaica (STATIN). Bank of Jamaica (BOJ) Governor, Brian Wynter, says the 3.2 per cent rate of inflation recorded for April 2018, fell below the BOJ’s target range of four to six per cent.Additionally, he said it was lower than the 3.9 per cent out-turn for March 2018, and the 5.2 per cent recorded for December 2017, as reported by the Statistical Institute of Jamaica (STATIN).The Governor was speaking at the Bank’s quarterly media briefing, at the BOJ auditorium, downtown Kingston, on Monday (May 21).Mr. Wynter said the reduced rate of inflation was due mainly to the sharper-than-anticipated decline in agricultural prices since January 2018, reflecting a recovery in the sector’s output.The Governor said the lower rate also resulted from “an unusually sharp decline” in electricity costs in April.Mr. Wynter said based on these developments, the BOJ’s projection for inflation over the next fiscal year is slightly lower than the figure indicated in February.The projection then was for inflation to continue tracking around the lower half of the four to six per cent range.“The projected path now incorporates the impact of the decline in agricultural food prices that has occurred… and also the impact of the upturn of crude oil prices since July last year,” Mr. Wynter said, adding that the recent upturn in grain prices is also included.Meanwhile, the Governor said the risks to the inflation forecast are “skewed to the downside”.The major risks, he indicated, include weaker-than-anticipated domestic demand conditions, noting that adverse weather conditions may cause local agricultural crop prices to rise faster than expected; and slower-than-anticipated global economic growth.Mr. Wynter noted that the latter risk is associated with emerging geo-political tensions and protectionist policies that have surfaced over the last six months.Additionally, he said there is upside risk from higher-than-projected crude oil prices.“But our current assessment is that crude oil prices will likely fall as geopolitical uncertainties wane and the impact of excess supplies prevails on the market,” Mr. Wynter said. Mr. Wynter said the reduced rate of inflation was due mainly to the sharper-than-anticipated decline in agricultural prices since January 2018, reflecting a recovery in the sector’s output. Story Highlightslast_img read more

KDB Ten Hanjin Ships Up for Grabs

first_imgzoom The state-run Korea Development Bank (KDB), the main creditor of the former South Korean shipping giant Hanjin Shipping, has launched sales proceedings for ten Hanjin ships, Yonhap News Agency cited industry sources.The bank has reportedly asked the potential buyers of the ships, which include two container vessels and eight bulk carriers, to submit their bids by February 21.After the financially troubled shipping firm filed for court receivership in late August 2016, the company returned all ships bought with bank loans to its lenders.The latest vessels sale was announced a week after the Seoul Central District Court unveiled that it will end Hanjin Shipping’s rehabilitation process on February 17.In an effort to collect enough cash to pay back its creditors, the company opted to sell a number of its assets, including its entire Asia to US route network and operations on the routes, a number of containerships, as well as its overseas businesses.In early February, Hanjin’s 54 percent stake in Total Terminals International (TTI), the operator of two facilities in Long Beach and Seattle, was sold to Swiss-based Mediterranean Shipping Company (MSC) and South Korean Hyundai Merchant Marine (HMM) for a USD 78 million.Undertaken by MSC’s subsidiary Terminal Investment Limited (TIL) and HMM, the purchase includes all of Hanjin’s equity and shareholder loans in both TTI and the associated terminal equipment leasing company Hanjin TEC Inc.World Maritime News Stafflast_img read more

USA Cycling hires New Balance boss DeMartini as its CEO

first_imgCOLORADO SPRINGS, Colo. — USA Cycling has hired Rob DeMartini as its president and CEO, giving the longtime New Balance boss the job of not only growing the sport at the grassroots level but preparing the nation’s elite athletes for success at the 2020 Tokyo Olympics.The governing body announced DeMartini’s hiring in a statement Monday. He takes over for Derek Bouchard-Hall, who undertook a massive restructuring of USA Cycling before leaving the organization at year’s end to become CEO of Swiss cycling apparel company ASSOS.DeMartini, an avid cyclist, was hired primarily for his business acumen. He spent 20 years with Proctor & Gamble, then spent time with Tyson Foods, before taking over New Balance.He took the shoe and apparel company from annual revenues of $1.5 billion in 2007 to $4.4 billion last year, helping New Balance to regain its position as a leader in the running industry.The Associated Presslast_img read more

Attempted murder suspect may be in Niagara Falls police

Toronto police say a man wanted for violent crimes in Scarborough may be in Niagara Falls. Harry Rajkumar, 46, is wanted on a Canada-wide warrant for attempted murder, disobey court order and two counts each of assault with a weapon, aggravated assault andfail to comply recognizance.Police released security camera images of the suspect in hopes someone may know his whereabouts. Anyone with information is asked to contact investigators at 416-808-4300.

Haldimand man charged with child pornography

A 40-year-old Hagersville man was arrested and charged on May 8 with one count of possession of child pornography and one count of make available child pornography.Members of the OPP Child Sexual Exploitation Unit, Haldimand County OPP Detachment and Waterloo Regional Police Digital Forensics Unit have arrested and charged the man following a four-month internet investigation.The arrest follows a search warrant being executed and numerous computer devices seized.The man’s appeared at the Ontario Court of Justice in Cayuga, Ontario last week. read more

DR of Congo Security Council condemns killings in Kisangani

The current President of the Council, Ambassador Kishore Mahbubani of Singapore, made a statement at a formal meeting on behalf of all 15 members reiterating their demand that the Kisangani be demilitarized in accordance with the Council’s relevant resolutions, in particular resolution 1304, and with the pledge made by the Rally for Congolese Democracy (RCD) to a recent Council mission to the region.The Security Council also urged the parties’ cooperation in fully reopening the Congo River, including to commercial traffic.Through its statement, the Council invited UN Secretary-General Kofi Annan to consider whether a temporary increase in the deployment in Kisangani of the UN Organization Mission in the DRC (MONUC) might contribute to easing tensions. The Council asked the Mission to continue to monitor reports of extrajudicial violence and to inform the Council of such actions.The Council also drew the attention of the UN High Commissioner for Human Rights to the seriousness of the events that took place in Kisangani on 14 May and immediately thereafter.Stressing the importance of MONUC in assisting in the full demilitarization of Kisangani, the Council welcomed the Secretary-General’s recent proposal to reinforce the Mission’s civilian police unit with 85 officers to help in the training of local police. read more