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Market players see coronavirus triggering further risk-off moves

first_imgA raft of new coronavirus cases in numerous countries outside China over the weekend has redoubled concern about the ability of the illness to spread, and potential economic impact.South Korea’s Kospi dropped as much as 3.2 percent after the country’s count of cases rose quickly to 763, and the government raised its infectious-disease alert to the highest level. Italy’s government imposed a lockdown on an area of 50,000 people near Milan and took other measures as infections reached 140. Iran reported an eighth death with 43 cases.That’s all on top of the impact on hardest-hit China, where millions of firms face potential collapse if banks don’t act, though China’s top leaders said in a statement after a meeting on Friday that they will exercise more flexibility in monetary and fiscal policy. “With cases of COVID-19 still rising, it is hard to tell when manufacturing will bottom, potentially setting the stage for prolonged weakness,” said Vishnu Varathan, head of economics and strategy at Mizuho Bank Ltd. in Singapore. “This means that we’re going to see the juxtaposition of more safe-haven demand.” He added, “this is a safe-haven trade — you’re getting rid of risk in your portfolio.”Moving to neutral“The virus spreading to Italy and Iran is finally spooking some investors on what has mostly been a mostly Asian situation,” said Rick Bensignor, president of Bensignor Investment Strategies. “With the SPX having reversed lower right from its weekly risk level at 3,394 — and a daily negative divergence now in place — I lower our tactical levered long position down to pure neutral. We’re also exiting our long Nikkei trade with a small loss.”Risk aversion“Risk aversion is likely to intensify over the near term given the sharp rise in cases in Korea, Italy and elsewhere,” said Mitul Kotecha, senior emerging markets strategist at TD Securities in Singapore. “Markets are becoming increasingly focused on the risk of more prolonged economic damage than had been previously expected. Supply chains are becoming increasingly exposed, while services and tourism are suffering across many countries.”China weakness“Policymakers are trying to get the economy going again but we think weakness is likely to persist well into the fourth quarter,” said Win Thin, global head of currency strategy at at Brown Brothers Harriman, of China. “Stimulus is in the pipeline but it won’t be enough to totally offset the growing impact of the virus.”Need to see moreWe still need “to see the numbers that can provide a little bit more direction as to where things are going,” Jingyi Pan, market strategist at IG Group, told Bloomberg TV in Singapore. “Some of these high-frequency indicators are perhaps indicating that economic activity hasn’t much resumed yet, so these are the things we have to see coming back online.”Headline risk“We view this as headline risk. Our base case view is that coronavirus continues to represent demand delayed and not demand destroyed,” said Steve Chiavarone, a portfolio manager with Federated Investors.Gold rally“U.S. real rates have plummeted during the virus scare, with 10y TIPS yields — already quite low at just 6.5 basis points above zero on January 17 — are today more than 15 basis points below zero,” and John Velis, FX and macro strategist at BNY Mellon. “Since gold tends to trade inversely to real rates, the rally in gold will probably persist as long as the latter stay under pressure.”Topics : Here’s what strategists and investors are saying about the developments.Normal by July?“More near term panic will weigh on risk, but panic is necessary to increase containment odds. Credit markets appear to recognize that,” said Dennis DeBusschere of Evercore ISI. “EISI’s Survey team asked investors about the impact of the outbreak and the vast majority of respondents see both the risks as understated and expect US Treasury yields were likely to decline by 25 basis points (to about 1.3 percent). 80 percent of investors expect supply chains to return to near-normal by July though.” The survey was published on Feb. 17.Hard to pick bottomlast_img read more

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New Zealand PM unruffled as quake hits mid-interview

first_imgNew Zealand lies on the Pacific Basin “Ring of Fire”, where tectonic plates collide generating more than 15,000 earthquakes a year, although only 100–150 are strong enough to be felt.A shallow 6.3 quake in the South Island city of Christchurch killed 185 people in 2011, while a 7.8 shake slightly further north in 2016 was the second strongest ever recorded in the country.Ardern canvassed the prospect of a major quake as New Zealand entered a seven-week COVID-19 lockdown in late March, saying it was always a possibility.”In my mind constantly, as the prime minister of the ‘Shaky Isles’, is — no matter what’s going on in our lives — we must always be prepared for that,” she told reporters.The country’s official GeoNet seismic monitoring service put the strength of Monday’s quake at 5.8 and said there were around 40 aftershocks.”Felt as a long, strong shake in Wellington. That was not very much fun,” one Twitter user wrote.Another person reported “quite the shake in Wairarapa”, east of Palmerston North.”I hope everyone else is OK,” he said on Twitter.Topics : But there was sustained shaking in Wellington, where Ardern was being interviewed on breakfast television from parliament’s Beehive building, which is designed to absorb seismic forces by swaying slightly on its foundations.Why am I not surprised that Jacinda Ardern casually takes an earthquake interrupting her interview in her stridepic.twitter.com/mq4h6LuTfC— 🇳🇿 • eloise • 🇫🇷 (@reyloise) May 24, 2020″We’re just having a bit of an earthquake here, Ryan,” Ardern told Auckland-based AM Show presenter Ryan Bridge, briefly looking concerned as she scanned the room around her.”Quite a decent shake here, if you see things moving behind me,” she said, smiling, as she quickly regained her poise and continued the interview.”It’s just stopped,” she said. “We’re fine, I’m not under any hanging lights, I look like I’m in a structurally sound place.” A moderate 5.6-magnitude earthquake rattled New Zealand’s North Island early Monday but failed to crack Prime Minister Jacinda Ardern’s trademark composure as she conducted a live television interview.The quake struck just off the coast before 8:00 am local time (2000 Sunday GMT) at a depth of about 52 kilometres (32 miles) near Levin, about 90 kilometres north of Wellington, the US Geological Survey said.St John Ambulance and New Zealand Police both said there were no initial reports of injuries or damage. There was no tsunami warning.last_img read more

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Governor Wolf Appoints Obra Kernodle to Gaming Control Board

first_imgGovernor Wolf Appoints Obra Kernodle to Gaming Control Board November 27, 2017 Press Release Harrisburg, PA – Governor Wolf announced today that Obra Kernodle has been appointed to the Gaming Control Board. Obra most recently served as Deputy Chief of Staff in the Governor’s Office.“Obra has been an important voice in my administration for improving the lives of all Pennsylvanians and I know he will bring the same dedication and commitment to the Gaming Control Board,” Governor Wolf said.Most recently, before his appointment as a member of Governor Wolf’s senior staff, Obra was a senior advisor for Governor-elect Tom Wolf’s transition team.Prior to joining the Wolf for Governor Campaign, Obra worked in Philadelphia Mayor Michael Nutter’s Administration as Deputy of Legislative Affairs, helping to coordinate the city’s Actual Value Initiative. In 2012, Obra was part of President Obama’s reelection effort as the Pennsylvania Southeast Political Director. Obra currently sits on the boards of Visit Philly and Welcome America.Born and raised in Philadelphia, Kernodle is a graduate of Roman Catholic High School. He obtained his Bachelor of Arts in Education from Florida A&M University in 2002.center_img SHARE Email Facebook Twitterlast_img read more

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Two paths to cannabis reform

first_imgNewsRoom 31 January 2018Family First Comment: This article highlights why we oppose the Greens bill…“’Would you grow your own aspirin?’ Indeed, cannabis contains over 400 distinct compounds, including 100 different phyto-cannabinoid compounds. “We need to be sure what they’re getting. I cannot see how you would grow your own for a medicine. If I prescribe aspirin, I know what I’m prescribing. By allowing people to grow their own cannabis, doctors would effectively be telling patients to “go out, find some willow bark and make [their] own aspirin.”Exactly!  www.saynopetodope.org.nz/medicinalThe nation’s politicians are about to debate two different types of cannabis reform. Thomas Coughlan explains where they both sit on the reform spectrum and details their pros and cons.After 10 years of waiting, politicians wanting cannabis reform suddenly have two options in front of them in one week.The Government’s bill, introduced by Health Minister David Clark, would amend the Misuse of Drugs Act to allow the use of cannabis-based products and provide a defence for terminally ill patients charged with using them. It was introduced last year and debated for the first time on Tuesday.An alternative bill, introduced last year by the Greens’ Julie Anne Genter and picked up by Chloe Swarbrick after the election would also seek to amend the Misuse of Drugs Act. It would allow anyone with a prescription from a doctor to use cannabinoids, including those they grow themselves — a detail that has caused controversy from the bill’s detractors. It is set to be debated on Wednesday.While the Government’s bill, with the support of all three governing parties and National, is expected to go to select committee, the fate of Swarbrick’s bill is less certain. The Green party will support the bill and Labour and New Zealand First have signalled they will allow MPs a conscience vote. Key figures in the Government, including Prime Minister Jacinda Ardern, have indicated they would support it, at least to committee stage. However, Swarbrick will have to rely on some National votes for the bill to pass its first reading.Another distinction is that Swarbrick’s bill will allow patients (or an immediate relative or person nominated by the patient), with a doctor’s permission, to grow cannabis to treat themselves. This has lead the bill to be derided by detractors like Family First as a “grow-your-own-dope bill”.‘Would you grow your own aspirin?’Indeed, cannabis contains over 400 distinct compounds, including 100 different phyto-cannabinoid compounds.“We need to be sure what they’re getting. I cannot see how you would grow your own for a medicine,” he said.“If I prescribe aspirin, I know what I’m prescribing.” By allowing people to grow their own cannabis, doctors would effectively be telling patients to “go out, find some willow bark and make [their] own aspirin.”That said, there is the prospect of new strains of medical-grade cannabis becoming available in the future.“It is highly likely a whole dried cannabis plant will reach a sufficient level of consistency to gain Medsafe approval,” Dr Giles Newton-Howes, a senior lecturer of the University of Otagosaid.READ MORE: https://www.newsroom.co.nz/2018/01/30/79511/two-paths-to-cannabis-reformlast_img read more

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Jerry bares accomplishments in first 100 days in office

first_imgArundown of his programs and projects carried out or started in his first 100days in office was published in the 15-page Kauswagan,the official publication of the Iloilo City government. WELFARE * setup digital information kiosk at the ground floor of city hall to give publiceasier time looking for departments and offices as well as other fees neededfor every transactions Mayor Jerry Treñas. IAN PAUL CORRDEO/PN *Regional Gawad Kalasag Award from the Regional Disaster Risk Reduction andManagement Council – awarded to Iloilo City Disaster Risk Reduction andManagement Council *P38-million command center for disaster risk reduction and traffic – site inMandurriao district identified; construction begins this year *P36-million Regional Evacuation Center – site in Jaro district identified; tobe funded by the Office of Civil Defense “Letus try to do our best to make the lives of Ilonggos better. We should worktogether to achieve our dreams for our city,” said Treñas./PN *tree planting program *Iloilo City Police Office – cited s outstanding in Police Community Relations *Charter Day Job Fair ILOILOCity – So how did Mayor Jerry Treñas fare in his first 100 days in office? *5,564 job hunters hired from July to September through the Public EmploymentService Office *Metro Manila Development Authority helping craft Iloilo City traffic plan *streetlight repairs *free flu vaccine HEALTH AND SANITATION *cash to individuals in crisis situations; free haircut for pupils; and socialservices, especially the Office of Senior Citizens Affair transferred to cityhall ground floor for the convenient of senior citizens Thecity’s chief executive gauged his performance against his election promisessummed up in the acronym WHEELS, which stands for Welfare, Health andSanitation, Education, Environmental Management, Livelihood, andSustainability. * IloiloCity ranked 8th safest city in Southeast Asia EDUCATION *leadership trainings for youth *inauguration of new phase of esplanade LIVELIHOOD ENVIRONMENT MANAGEMENT *construction of new warehouse for city government documents, supplies andequipment *16,466 kilos trash collected during coastal and river cleanup *establishment of MICE Center *multimillion grant from Alliance Global Inc. for initiatives to make themetropolis resilient *city government department heads, members of the City Council, academe, andprivate sector underwent “Strategic Refresh” to revisit its objective andinitiatives and ensure that they remain relevant and responsive to the needs ofthe institution and its stakeholders. *7,000 trees planted along floodway * RedCross cited Iloilo City government for voluntary blood services program *establishment of dengue hydration unit and conduct of blood donation drive inresponse to rising dengue cases SUSTAINABILITY *reclassification of coastal road to industrial zone *Technical Institute of Iloilo City-Molo offering new course *provision of 11 bike patrols for Iloilo Esplanadelast_img read more

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SPILL CLEANUP ON THE RIGHT TRACK: AC Energy doing a good job –…

first_imgPascua said the recovered debris from the oil spill incident is now scheduled for transport to Region 3 which they have identified as area of disposal. ILOILO City – AC Energy Philippines, owner of the power barge which spilled bunker fuel into the coast of Iloilo City and Guimaras following an explosion on July 3, is doing okay in its cleanup activity, said the regional chief of the Environmental Management Bureau (EMB) here. The key areas cover the following: “They still have more than two weeks to finish it and with the rate it is going I believe it is doable,” he said. Of the 268,948.61 liters of bunker oil spilled into the coast of Iloilo City as verified by the Philippine Coast Guard, some 95 percent have already been recovered by the cleanup team organized by AC Energy. * continued monitoring of air quality and ensuring that air quality is safe before affected families are allowed to return to their homes Benzene, on the other hand, which is also present in bunker fuel is classified as a carcinogen. It increases the risk of cancer and other illnesses. * completion of oil spill cleanup and ensuring that water quality is restored to safe levels * rehabilitation plan for the affected mangrove areas and fisheries The EMP, which was submitted by AC Energy, discussed the detailed plans of the company and the relevant timeline for the implementation of such plans in relation to the key areas which the DENR-EMB stressed and highlighted during a technical conference shortly after the oil spill incident. BIG IMPROVEMENT. These drone shots show the progress of the oil spill cleanup in Iloilo City. Note the dramatic difference between these before-and-after photos (taken on July 4 and 5) of the waters surrounding the power barge that spilled bunker fuel into the city’s waters on July 3 following an explosion. Of the 268,948.61 liters of bunker oil spilled, some 95 percent have already been recovered. PHOTO FROM AC ENERGY Petroleum fuel oils such as bunker fuel oil can contain hydrogen sulfide. Exposure to concentrations of hydrogen sulfide may cause irritation to the eyes, nose or throat. It may also cause difficulty in breathing for some asthmatics. The remaining five percent, accordingly, refers to floaters which naturally evaporate or either stick to sea walls, or carried away by tidal movements. Atty. Raman Neil Pascua, EMB regional director of the Department of Environment and Natural Resources (DENR), said, “In fact, we may soon recommend that affected families return to their homes. The current sampling on the toxicity level of the affected areas is giving a good sign.” * proper collection and disposal of oil contaminated materials and wastes “As of now, we got zero on the presence of hydrogen sulfide and there’s a very safe level of benzene,” Pascua added. Pascua also said that with the pace AC Energy is conducting its cleanup efforts of the oil spill, the company may be able to finish it by Aug. 3 as stated in their timeline. In a separate interview with radio station RMN-DyRI Iloilo, Pascua said AC Energy is religiously following the environment management plan (EMP) that aims to address the environmental impact of the oil spill. “As soon as the debris has been put in a sealed container van or drums, we will immediately transport it to the designated disposal in Region 3,” he said./PNlast_img read more

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Bikers banned in boundary brgy of Bacolod, neighboring areas

first_imgYulo advised them to observe minimum public health standards such as physical distancing and wearing of face mask, and bring at all times proper proof of identification as residents of Bago. In a notice, Alangilan village chief Degie Tanista Sr. said they have prohibited the entry of bikers as stated in Barangay Resolution 159, series of 2020. Murcia, the municipality next to Bacolod in the east, has also banned bikers from entering the town proper starting Wednesday. Since early this week, Barangay Alangilan here, Murcia town and Bago City have banned the entry of bikers in their respective jurisdictions. He also discouraged local bikers from engaging in leisure biking outside of Bago until further notice. Last week, Talisay City Mayor Neil Lizares III also issued Executive Order 28, series of 2020, discouraging biking, hiking, basketball, and other recreational activities in the city for 14 days to prevent the further spread of COVID-19. (With a report from PNA/PN) “I’m very sorry that we are still preventing them from interacting with the people in the poblacion,” said Major Roberto Dejucos, chief of the Murcia municipal police station. “They can pass along the national road but they cannot enter the town proper.” “Bikers from outside Bago are not allowed to enter the city for exploration, sightseeing, recreation, fitness, exercise, or sport,” the mayor’s order said. Alangilan – rural village in the northeastern part of Bacolod – is a common gateway for bikers and other travelers going to Talisay. Yulo directed the Bago City police station to establish roadblocks on identified control and entry points in the city. BACOLOD City – Biking enthusiasts have been restricted from a boundary village in this city and in two neighboring localities as well after several bikers from adjacent Talisay City have tested positive for coronavirus disease (COVID-19). “For public health safety during the COVID-19 pandemic, bikers are banned from entering the territorial jurisdiction of Barangay Alangilan effective July 20 until further notice,” Tanista said. In Bago, the city next to Bacolod in the south, Mayor Nicholas Yulo issued Executive Order 46 temporarily suspending the entry of bicycle tourists and leisure bikers starting Wednesday.last_img read more

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Baggies close in on Lescott

first_img He worked previously with Lescott during his time on the coaching staff at Everton. Irvine was the Toffees’ assistant manager when the centre-back joined them in 2006 from Wolves – the club Lescott began his career at and West Brom’s derby rivals. Lescott has been linked with other Barclays Premier League sides, including Hull and Stoke, but it seems being reunited with Irvine is what lies ahead for the Birmingham-born player. He made only 10 top-flight appearances for City in their title-winning campaign last term. New Albion head coach Alan Irvine confirmed on Wednesday the midlands outfit were in negotiations over signing Lescott, who is out of contract this summer after five years with Manchester City, and it appears the deal is now moving closer. The 31-year-old looks set to become Irvine’s first recruit since the Scot’s appointment as Baggies boss at the weekend. Former England defender Joleon Lescott is undergoing a medical ahead of a proposed move to West Brom, Press Association Sport understands.center_img Press Associationlast_img read more

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Lallana sidelined for a month

first_img Press Association However, the attacking midfielder was forced off after 55 minutes with what manager Brendan Rodgers called “a tweak in his thigh” – a complaint Press Association Sport understands will rule the England international out for four weeks. The injury will see Lallana miss Monday’s FA Cup third-round clash at AFC Wimbledon and both legs of the Capital One Cup semi-final against Chelsea, as well as several Premier League matches. The 26-year-old is beginning to produce the kind of performances which led the Reds to pay Southampton a reported £25million for his services in the summer. Lallana scored a brace as Swansea were seen off 4-1 last Monday and started a sixth successive match in all competitions in the New Year’s Day encounter with Leicester at Anfield. center_img Liverpool will be without Adam Lallana for the next month due to a thigh injury, Press Association Sport understands. last_img read more

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MDI Girls Tie Hampden

first_imgHAMPDEN — On Tuesday at Hampden Academy, MDI’s Hutchins and Bucksport’s Kone again were top performers.In the girls’ meet, Hutchins won the 400-meter dash in 1:04.19, the long jump with a distance of 15 feet, .75 inch and the javelin with a throw of 92 feet, 5 inches.Other MDI winners were Destiny Kanu in the 100-meter dash in 13.87 seconds, Heather Spurling in the 1,600-meter run in 5:27.53, Kailyn Russell in the 800-meter run in 2:32.25, Kristin Bartlett in the 200-meter dash in 29.36 seconds, Chelsey Curran with pole vault of 8 feet, and the foursome of Bartlett, Kanu, Russell and Hutchins in the four-by-100-meter relay in 53.51 seconds.The Trojan girls tied for first with Hampden Academy, each with 156 points, followed by Bucksport 54, Searsport 14 and GSA 8.This is placeholder textThis is placeholder textBucksport’s Liz Beeson won the 100-meter hurdles in 18.07 seconds and the 300-meter hurdles in 53.94 seconds.In the boys’ meet, Kone again won the 100-meter dash in 11.47 seconds, the 200-meter dash in 23.46 seconds and the long jump with a distance of 21 feet, 5.75 inches.Also for Bucksport, Vincent Tymoczko won the 400-meter dash in 51 seconds and teamed with Jon Goodin, Nate Warren and Kone to win the four-by100-meter relay in 45.57 seconds.Winners for MDI were Carl Ferm in the javelin with a throw of 1435 feet, 5 inches; Camden Fernald in the discus with a throw of 118 feet, 1 inch; Dan Hales in the shot put with a throw of 44 feet, 3.25 inches; and Tucker Smith in the pole vault at 12 feet.Nikos Christ of GSA won the 3,200-meter run in 10:46.21. For more sports stories, pick up a copy of the Mount Desert Islander. admin Bio State budget vs. job creation – January 22, 2015 Latest Postscenter_img Latest posts by admin (see all) House fire in Winter Harbor – October 27, 2014 Hancock County Court News Nov. 3 thorugh Dec. 11 – January 22, 2015last_img read more

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United open door for Spurs with 2-0 win over Chelsea

first_imgBy Simon Evans(REUTERS)-Manchester United opened up the Premier League title race with a convincing 2-0 home victory over leaders Chelsea on Sunday that leaves second-placed Tottenham Hotspur just four points behind.Goals by Marcus Rashford and Ander Herrera sank Chelsea and, with six games left for the top two, there is little room for any more slip-ups by Antonio Conte’s side who a few weeks ago looked like they were running away with the title.While Chelsea remain favourites to win the league, Conte will be concerned about the manner of the defeat at Old Trafford where they were rarely able to turn possession into chances.The west London side are top with 75 points, ahead of Spurs on 71, also from 32 games, Liverpool with 66 from 33, Manchester City on 64 from 32 and United with 60 from 31.“Manchester United deserved to win because they showed more desire, more motivation, more ambition to win this game,” Conte told the BBC.“This league is not closed. Tottenham are on great form and playing with great enthusiasm but we are playing a great season and we must try to reach this target.”The strikes by Rashford and Herrera at the start of each half were enough for United who, despite resting several players against Chelsea ahead of Thursday’s Europa League quarter-final return leg at home to Anderlecht, were good value for their win.United manager Jose Mourinho started with top scorer Zlatan Ibrahimovic on the bench but delivered a tactical masterclass against his former club, largely nullifying the threat from the usually dangerous Eden Hazard.“Chelsea are the best counter-attacking team in the country and we controlled them very well. I’m really happy with the boys. I’m happy — not because it’s Chelsea, it’s because we need these three points,” Mourinho told the BBC.“I don’t feel extra joy at beating Chelsea — we beat the leader. It doesn’t matter if the leader is Chelsea or another — we beat them convincingly. Nobody can doubt our credit to win the game.”Chelsea got a warning after five minutes when United forward Jesse Lingaard robbed defender David Luiz and fed Rashford, but the 19-year-old striker dragged his shot wide.Two minutes later, though, Herrera won the ball in midfield, possibly by using his hand, and delivered an inch-perfect pass into the path of Rashford who outpaced Luiz and fired low into the far corner of the net.CONFIDENT UNITEDLooking confident and full of verve, United pushed forward with intent while Chelsea were unusually ineffective going forward, with Herrera doing an excellent marking job on Hazard.There was another individual battle going on with Chelsea striker Diego Costa and United defender Marcos Rojo engaged in an often physical struggle for dominance and Costa’s frustration resulted in a yellow card for a foul on Paul Pogba.United threatened to strike again before the break when Rashford found some space for a cross which Chelsea defender Gary Cahill headed just over his own bar.Chelsea’s normally reliable N’Golo Kante was robbed inside the area by Young and he cleverly laid back the ball to Herrera whose well-struck effort deflected off Kurt Zouma into the net.Ibrahimovic was brought on for Rashford in the 82nd minute, with the England striker receiving a deserved standing ovation after an outstanding performance.While United’s hopes of making the top four will be boosted by the win, the major impact will be felt in north London where Spurs will sense a chance to chase down Chelsea’s four-point lead in the final six games of the season.last_img read more

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Vow And Declare triumphs in Melbourne Cup

first_img..Frankie Dettori banned as runner-up Master Of Reality demotedVOW And Declare won a dramatic Melbourne Cup while Frankie Dettori’s runner-up Master Of Reality was demoted to fourth after a stewards’ inquiry.Dettori was given a nine-meeting ban after the victor, trained by Australian Danny O’Brien, won in a tight finish.Stewards ruled Dettori, riding for Irish trainer Joseph O’Brien, impeded Il Paradiso, who was fourth past the post for Joseph’s father Aidan.Il Paradiso was promoted to third, with British hope Prince Of Arran second.Dettori looked to have sealed his first victory in the two-mile Flemington race ‘that stops a nation’ but Craig Williams claimed his maiden Melbourne Cup triumph on Vow And Declare before more drama in the stewards’ room.Italian-born Dettori, 48, was banned for nine racedays in the state of Victoria, up to and including 13 November.Prince Of Arran’s jockey Michael Walker was fined AUS10,000 (£5,400) and suspended for seven race meetings for overuse of the whip.But there was only elation for Williams, who said of his mount: “It was a privilege to ride him today and great to be associated with such a great horse.”Winning trainer O’Brien was also celebrating a first Melbourne Cup victory, with the four-year-old gelding who was bred in Australia.“I really can’t believe it, I just feel incredibly blessed to have a horse good enough to be in it. The last 100 (metres) he just wouldn’t give in,” said O’Brien, who is no relation to the Irish father-and-son trainers.Asked where the horse’s name came from, owner-breeder Paul Lanskey said he was named after his father.“Dad would come home from the pub and say to mum: ‘I vow and declare I’ve only had a few beers.’”Prince Of Arran was awarded second after the inquiry, having finished third last year for British trainer Charlie Fellowes.“I’m incredibly proud of the horse. To do what he has done two years in a row is a remarkable achievement,” said Fellowes.The build-up to the race had seen animal welfare in the spotlight after recent cruelty scandals in Australia.Of the 24 runners, 23 horses returned back safely, although Rostropovich was found to be lame and taken to the University of Melbourne Equine Centre for further assessment.How the drama unfoldedDettori, who first rode in the Flemington race 26 years ago when Master Of Reality’s trainer was just six months old, sensed this could be his chance to finally claim the AUS$8m (£4.3m) race.The three-time Britrish champion jockey, who has ridden a personal record of 19 top-level Group One winners this year, was always handily placed and pushed his mount clear as the race developed in the final quarter-mile.But just as Master Of Reality looked to have stolen the prize, Williams shot up the inside on Vow And Declare.Meanwhile, Prince Of Arran came into contention and Il Paradiso finished with a late flourish under Wayne Lordan.The pair were closing all the time before being checked as Dettori drifted to his left and Vow And Declare just managed to keep on for a narrow victory.It was another Melbourne Cup to forget for Dettori, who was banned for a month and fined A$20,000 for careless riding on Max Dynamite, runner-up to Prince Of Penzance in 2015.Joseph O’Brien, who won the 2017 Melbourne Cup with Rekindling, was disappointed Master Of Reality could not give Dettori his first win in the race, with the Italian having also finished second in 1999 on Central Park.“I’m more gutted for Frankie than I am for myself,” the trainer told The Age newspaper.“I’ll be back. I don’t know if Frankie is ever going to win this race.” (BBC Sport)last_img read more

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VB : Freshmen stand out in perfect opening weekend for SU

first_img Facebook Twitter Google+ Comments Jing Pu rarely showed excitement during his team’s win over Sacred Heart on Friday. But ask him about his newest players and the Syracuse head coach can’t hide his enthusiasm.For Pu, beating a 2010 NCAA tournament team in Sacred Heart was even sweeter with nine new faces on the roster.‘We won with nine new freshmen,’ Pu said. ‘Impressive, right?’It’s hard for the coaching staff to check its enthusiasm for the freshman class, which makes up half the team. And many of the freshmen made key contributions as SU won the Big Orange Tournament over the weekend.Freshman outside hitter Ying Shen sparked Syracuse in a comeback win Saturday against Youngstown State. After not playing the first two sets, Shen recorded eight kills in the last three sets and added a pair of service aces.AdvertisementThis is placeholder textHer effort caught the attention of Orange assistant coach Kelly Morrisroe.‘Sometimes you wonder if the lessons we teach sink in for the freshmen, and then you see something like that and you know you’re doing something right as a coach,’ Morrisroe said.Shen isn’t the only freshman to make the transition to college volleyball look easy at this early stage in the season. Freshmen outside hitters Andrea Fisher and Nicolette Serratore also saw significant playing time.Serratore is looking to make the most of her opportunity.‘They know that the more I play, the better I can be,’ Serratore said. ‘I think that holds true for all of us.’Julia Mindlina, a freshman defensive specialist, just wants to do her part when Pu calls her number. She said she just wants to help the program win.But sophomore Lindsay McCabe said helping the team win and balancing a new college life away from home can be tricky. With a year of experience, she understands what the freshmen are going through.‘It’s like two whole new worlds open up to you,’ McCabe said. ‘I’m just thankful I had the upperclassmen on the team last season to rely on — they really helped me transition and adapt to what life is like now.’But the freshman class has less experience to lean on in the locker room this year — only six upperclassmen are on the roster.That doesn’t mean rookies will seek out veterans less, said freshman Fisher, who contributed with ten kills in the comeback win against Youngstown State.Morrisroe said they’ll find their niche at school and on the court.‘We have a young team, but the great part is these girls will mature together over the next four years,’ Morrisroe said.And that’s something Mindlina is looking forward to experiencing. Four freshmen, including Mindlina, saw time on the court in Syracuse’s season opening win over Sacred Heart, a game Pu said was a good test against an NCAA tournament team.‘I can’t wait until our senior season, when we have years of practice and games together,’ Mindlina said. ‘It’s going to be so much fun playing with these girls.’nctoney@syr.educenter_img Published on August 28, 2011 at 12:00 pm Contact Nick: nctoney@syr.edu | @nicktoneytweetslast_img read more

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Tipp men in Munster side for crucial Pro12 clash

first_imgThat means that coach Anthony Foley has included Tipperary’s Tommy O’Donnell and Dave Foley in the XV to face the Welsh side in Limerick.Dave Kilcoyne is also in line to make his 100th appearance for the province after being chosen in the front row.Munster are currently sixth in the table, which would be good enough to secure a place in next season’s Champions Cup.last_img

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R&D drives Coingaming’s rebrand & redevelopment of Sportsbet.io

first_imgShare StumbleUpon Share Related Articles Sportsbet.io ‘bowled over’ with Brett Lee partnership July 7, 2020 Submit Operator CEOs head speaker line-up for Latin America’s largest virtual betting and gaming conference May 28, 2020 Sportsbet.io becomes main club partner of Southampton FC August 25, 2020 Cryptocurrency online gambling operator Coingaming Group has detailed the recent rebrand and full website redevelopment of its Sportsbet.io asset, seeking to lead the sports betting market in new customer UI/UX engagement dynamics.Publishing a case study on Medium.com, key project stakeholder Pavel Zubarev Head of Design for Coingaming Group, detailed that the redevelopment project had been initially launched in 2016, as Sportsbet.io recorded a significant increase in player activity.Thinking forward, Coingaming management and development teams understood that its new sportsbook would need a dynamic makeover to continue its appeal to new sports betting consumer dynamics, which valued speed, usability, ease of navigation, design and website cosmetics.Zubarev would lead a 6-man development team, seeking to ‘To create a fun and engaging product that would disrupt and innovate the industry by following our company’s main principles: Fun, Fast and Fair.’Throughout Sportsbet.io’s redevelopment, Zubarev and his team would place a high emphasis on research and development, seeking to outline ‘critical factors’ between the redeveloping the website and its final output with sportsbet.io users.Furthermore, placing R&D at the heart of Sportsbet.io redesign, Coingaming would be able to deliver a more engaging redesign for its Sportsbet.io brand, as components such as player data patterns and user demographics were further analysed.“Sportsbet.io has an expert team supporting the future development of our products and UI/UX tools. We have various improvements and features yet to come to market, but when they do, we’re sure Sportsbet.io will continue to cement its position as a market leader and innovator within the sports betting industry.”“The rebranded Sportsbet.io was launched late in 2017 and we’ve seen a vast improvement in the old product. Feedback from customers has been exceptional, both via direct feedback as well as within forums.”last_img read more

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Southwell to mark International Women’s Day with all-female race card

first_img Racing DiRSG launches LGBT+ awareness module for PRIDE  June 25, 2020 StumbleUpon Submit Related Articles Share ITV secures three-year British racing broadcast deal August 5, 2020 Southwell Racecourse has confirmed that it will be marking International Women’s Day with an all-female racecard on Sunday 8 March.The decision comes after a record-breaking year for women in racing, and will be run in conjunction with the sport’s Diversity in Racing Steering Group, the BHA, Women in Racing and Great British Racing.Tallulah Lewis, Chair of Women in Racing commented: “Women in Racing was founded to support women across the sport, including female jockeys. Southwell’s all-women race card, with the majority of race day officials female also, provides a great opportunity to showcase female jockey talent and we’re delighted to work with all parties to help make this happen.“We will continue our work to showcase the incredible female talent we have across the sport and help ensure that racing can benefit from this in the years ahead.”A predominantly female team of BHA officials and racecourse executives will staff the day, in what will be a celebration of the achievements of women across British Racing.Last year saw Jump jockey, Bryony Frost, become the first ever female jockey to win a Grade 1 race during the Cheltenham Festival and Flat jockey Hollie Doyle break the record for most wins achieved in a calendar year by a female jockey. Meanwhile Hayley Turner, who has over 840 wins to her name, became the first female jockey to win at Royal Ascot in 32 years.Speaking on the all-female card, Hayley Turner said: “It’s great that Southwell are celebrating International Women’s Day with an all-female racecard. We ride against and at the same level as men so don’t think of ourselves as female jockeys, but this is a great way to celebrate the talented women in our sport.“We are getting more and more recognition so this is a fantastic opportunity to showcase women in racing. I am from Southwell and went to school at Southwell Minster so it’s great to have a day’s racing like this close to home”As part of Women in Racing’s ‘Racing Home’ programme, they will host a workshop ahead of racing to address the issues that are faced by working mothers in the racing industry, following on from the inaugural Racing Home symposium that took place in October 2019.Rose Grissell, BHA Head of Diversity and Inclusion, continued: “International Women’s Day is a day to celebrate the achievements and talents of women across the world, as well as to raise awareness of some of the unique challenges and inequalities they face. There is no better way to celebrate the day than by providing further opportunities for female jockeys and showcasing their abilities through this fixture.“Racing should be proud of the progress it has made. In the last twelve months alone, female jockeys broke down barriers and perceptions and in doing so put racing on the front pages of national papers. However, there is more to be done to ensure that they get the same opportunities as their male counterparts.“The Diversity in Racing Steering Group is currently focusing on a significant piece of research looking at every stage of a jockey’s career to identify the barriers and explore where additional support could be added.”Executive Director of Southwell Racecourse, Mark Clayton, concluded: “We are delighted to host this fixture in celebration of International Women’s Day and help to promote the role that women play across the racing industry, from jockeys to BHA, racecourse staff and beyond.” Coral relaunches cinematic campaign for racing’s return June 5, 2020 Sharelast_img read more

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