21 hours agoLiverpool make January transfer window call

first_imgTagsTransfersAbout the authorPaul VegasShare the loveHave your say Liverpool make January transfer window callby Paul Vegas21 hours agoSend to a friendShare the loveLiverpool expect to have a quiet January transfer window.The Reds have enjoyed a flying start to the new Premier League season, currently sitting six points clear of Manchester City having won eight of their nine matches so far.Liverpool are also on course to make the knockout stages of the Champions League having breezed past Genk with a 4-1 win on Wednesday night.With Jurgen Klopp’s side flying high, the Liverpool Echo says it’s unlikely the Merseyside giants will splash the cash when the transfer window reopens in the New Year.It’s claimed that it will take a ‘huge unforeseen struggle’ for Klopp to delve into the market. last_img read more

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Virginia Ports Authority Extends VIG Lease to 2065

first_imgzoom The Port of Virginia, one of major ports on the US East Coast, has signed a new, long-term lease for Virginia International Gateway (VIG) that clears the way for the port to begin work on doubling capacity at the deep-water container terminal.The new lease, which was negotiated during a two-year period, will give the port oversight of and operating rights at the terminal until 2065. Further, the lease allows the port to begin work on a USD 320 million project to build the terminal’s second phase, with the construction expected to begin this year.The lease is between the Virginia Ports Authority (VPA) and Virginia International Gateway Inc., which is owned by Alinda Capital Partners and Universities Superannuation Scheme (USS). The lease is scheduled to go into effect on November 1.“Within the existing footprint, we will have the capability and capacity to process a total of 1.2 million (container) lifts – 2 million TEUs — annually through VIG,” said Aubrey L. Layne, Virginia secretary of transportation. “The negotiation process was a collaborative effort with both the Alinda, USS team and the port making a significant investment in resources and time. Everyone worked together to reach this agreement knowing the long-term benefits to the port and throughout Virginia.”Presently, VIG is processing 600,000 container lifts annually. The terminal is served by eight ship-to-shore cranes and has on-dock rail with service provided by both CSX and Norfolk Southern. The expansion will take an estimated three years to complete and result in a longer berth, an expanded rail operation, an expanded container yard and four new ship-to-shore cranes.VIG is a privately owned marine container terminal located along the Elizabeth River in Portsmouth. The facility was commissioned in July 2007, and is the largest privately-owned container terminal in the United States. In July 2010, the VPA and VIG entered into a 20-year lease agreement under which the VPA is currently operating VIG.last_img read more

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2 dead 14 injured in 2vehicle crash on Alberta reserve after trick

first_imgSADDLE LAKE, Alta. – Two people have died and 14 people were injured when two vehicles on their way home from trick-or-treating crashed on a slippery road northeast of Edmonton.RCMP Cpl. Ron Bumbry says two vans — one with six people and the other with 10 people, collided about 8:30 p.m. Tuesday night on the Saddle Lake Cree Nation, about 165 kilometres northeast of Edmonton.Bumbry says a 42-year-old man and a 43-year-old woman, both of Saddle Lake, who were in the northbound van were pronounced dead at the scene.The other 14 — 10 of which were under the age of 18 and included a one-year-old and a two-year-old — were all taken to area hospitals with serious, non life-threatening injuries.Bumbry says people in both vehicles had been trick-or-treating in St. Paul, a town about 30 kilometres east of Saddle Lake, and were returning to their homes when the crash happened.He says it was snowing and roads were slippery at the time, but it’s too early to say if those were the cause of the crash.“It’s very tragic and our thoughts are with the family of the deceased and the community of Saddle Lake Cree Nation,” Bumbry said.Police are not releasing the names of the dead, nor their relationship.last_img read more

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Resource firm planning new NB wells if Tories lift fracking moratorium

first_imgFREDERICTON — A major player in natural gas development in New Brunswick is making plans for new wells if the province’s new Tory government follows through on a pledge to lift a moratorium on fracking.Corridor Resources currently has 32 producing wells in the Sussex area and operates a 50 kilometre pipeline, a gathering system comprising 15 kilometres of pipe, and a natural gas processing facility.The company wants to expand but the previous Liberal government imposed a moratorium in 2014 that prohibits hydraulic fracturing — a process that involves pumping water and chemicals at high pressure to fracture shale rock and release gas.The new Tory government has proposed lifting the moratorium in specific areas, like the Sussex region, if there is public support.In a corporate presentation the company says, if the moratorium is lifted, they would drill five vertical evaluation wells, complete three existing wells, identify “sweet spots,” and drill a second round of up to five horizontal wells.The company says with the impending end of Nova Scotia’s offshore production, natural gas will have to come from outside the Maritimes if the New Brunswick deposit is not further developed.The Canadian Presslast_img read more

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Hostile Husky takeover bid for MEG Energy now expected to succeed as

first_imgCompanies in this article: (TSX:HSE, TSX:MEG, TSX:IMO, TSX:SU, TSX:CVE, TSX:CNQ)The Canadian Press CALGARY — A CIBC oil and gas analyst says the recent deterioration in crude oil prices makes it unlikely that a better offer will emerge to force Husky Energy Inc. to sweeten its hostile takeover bid for an oilsands rival.Husky reported Tuesday that it had received all necessary regulatory approvals for the takeover of MEG Energy Corp. and is now waiting for shareholders’ response to its offer which expires in mid-January.Analyst Jon Morrison says in a research report that Investment Canada approval of the proposed deal could at one time have prompted the emergence of a rival bidder — and a higher bid — for MEG, but the weakening macro oil economy of the past couple of months makes it unlikely now.He says he doesn’t expect any of the four most likely competing bidders — Imperial Oil Ltd., Suncor Energy Inc., Cenovus Energy Inc. and Canadian Natural Resources Ltd. — to make a bid.CIBC moved its price target for MEG down from $9.50 to $8.30 per share, with the new target matching the current Husky cash-and-shares offer.The takeover was worth about $3.3 billion when proposed in September but has fallen to about $2.5 billion because of deterioration in Husky’s share price.“While we held the view earlier in the year that there was the potential for Husky to modestly bump the bid to get the deal across the line, given the weakening macro market over the last couple months we no longer believe that to be the case,” said Morrison in his report.last_img read more

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Crews working to extinguish forest fire near the Site C Dam

first_imgThe smoke covering Fort St. John is coming from the fire that is currently uncontrolled.If the current fire suppression doesn’t work, more crews will be brought in to fight the fire Thursday.There is another fire northwest of Fort St. John, that is approximately 100 hectares in size.  The fire isn’t creating a lot of smoke today and crews are working to put out that fire.If you have any information about forest fires in our region, email news@moosefm.ca.  You can also send along any pictures or video as well. UPDATE as of 5:45 p.m. – B.C. Hydro has confirmed the fire is located approximately 3.5km upstream from the Site C Dam project.  At this time there is no concern for the workers on site or the worker accommodation.  Hydro and the B.C. Wildfire Service are monitoring the situation and their first priority is the safety of workers on site and the public.  Hydro was burning waste wood debris on Friday and Saturday near Tea Island.  The cause of Wednesday’s fire is unknown at this time.FORT ST. JOHN, B.C. – Crews from the Forest Fire Service and B.C. Hydro are working to contain a fire near the Site C Dam.The fire broke out on Wednesday and is approximately 4 hectares in size.  Crews from the Forest Service and B.C. Hydro are working to contain the fire and B.C. Hydro has hired a helicopter to help with the suppression efforts.last_img read more

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Northeast BC unemployment rate increased in January 2019

first_imgFORT ST. JOHN, B.C. – The unemployment rate in Northeast B.C. saw an increase in January.The unemployment rate in January was 5.5 percent compared to 4.7 percent in December of 2018.January has been the highest recorded unemployment percentage since September 2018 at 5.6 percent, an estimated 39,900 people are employed in a labour force of 42,100. A recent statement made by Bruce Ralston, Minister of Jobs, Trade and Technology, on the release of the January Labour Force Survey from Statistics Canada;“As demonstrated in the newest results, higher wages, low unemployment and good jobs in British Columbia show that people are at the centre of our strong and stable economy.Wages continued to rise in January, with B.C. among the top provinces for year-over-year growth. In the past year, B.C.’s average wages grew by 4.1%, the highest among provinces. In fact, 2018 was B.C.’s highest annual wage growth in the past 10 years.B.C.’s unemployment rate remained the lowest in Canada — for the 17th month in a row — at 4.7%. Private sector jobs have been fuelling employment growth in the province, with an increase of 64,800 in the past year.This means people continue to see the benefit of a high-performing economy following many years of wage stagnation.”B.C.’s economy is expected to outperform the rest of Canada over the next three years. The Economic Forecast Council, a group of bank economists and analysts that are independent of government, estimates that B.C.’s real gross domestic product is expected to grow by 2.6% in both 2019 and 2020. “We’re working hard to nurture a sustainable economy that works for people.”last_img read more

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Algeria summons Moroccan Ambassador over expulsion of Syrian refugees

first_imgRabat – Algerian Foreign Ministry summoned on Wednesday Abdullah Belkeziz, the Moroccan ambassador in Algiers, to inform him of its rejection of what it called “the allegations of the expulsion of Syrian refugees to the Moroccan territory.”In a statement published by the official news agency , the spokesperson of the Ministry of Foreign Affairs Ammar Bllani  said “we summoned the Ambassador of the Kingdom of Morocco on Wednesday to the Ministry of Foreign Affairs, where he was received by the Secretary General of the Ministry, Noureddine Awam, who expressed the Algerian government’s full rejection of the unfounded allegations mentioned by the Moroccan party on the alleged expulsion by the Algerian authorities of Syrian nationals to the Moroccan territory.”This move comes less than 24 hours after Morocco summoned the Algerian Ambassador to Rabat to express to him Morocco’s “strong disapproval,” following the alleged expulsion by the Algerian authorities to Moroccan territory of more than 70 Syrian nationals. “While calling on Algeria to fully assume its responsibilities, Morocco deeply regrets this inhuman act, especially as it affects women and children in a situation of extreme vulnerability,” read a statement of the Moroccan Ministry of Foreign Affairs.A Video footage aired by the Moroccan channel Al Oula shows official Algerian stamps on the passports of the Syrian refugees, which proves that they have legally entered the Algerian territory before they were expelled to Morocco.©Morocco World News. All Rights Reserved. This material may not be published, rewritten or redistributedlast_img read more

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Michigan falls to Louisville in title game

Buckeye fans won’t have to worry about their archrival celebrating a national championship in basketball this season. The Michigan Wolverines fell Monday night to the Louisville Cardinals, 82-76, in the national championship game. Louisville became the eighth school to win three, or more, national championships and coach Rick Pitino becomes the first coach in history to win a national title at two different schools. In a fast-paced game that saw a combined 158 points, the game came down to the fight in the paint. Louisville’s sophomore forward Chane Behanan made a big impact during the second half, with 12 rebounds that eventually wore down a perimeter oriented Wolverine team. Coming into the game, it was thought that standout freshman forward Mitch McGary would handle the inside for Michigan. However, it was the Cardinals who played with an increased physicality, including eight rebounds and three blocks from junior center Gorgui Dieng. It can also be said that the game was won by the Cardinals well before the second half as they withstood an Wolverine run from an unlikely source. Freshman point guard Spike Albrecht averages 1.8 points per game and saw sporadic playing time during the tournament, but the young guard exploded with a bevy of threes and dropped 17 points in his first 16 minutes of play to give Michigan a 12-point lead at 33-21. With 11:09 to play in the first half, Michigan sophomore guard Trey Burke was hit with his second foul. Michigan coach John Beilein made a crucial decision to sit his star point-guard for the remainder of the first half. The Cardinals capitalized on Burke’s absence by turning up the pressure and going on a run of their own. Louisville junior guard Luke Hancock hit four 3-pointers down the stretch of the first half to whittle the Michigan lead down to one. Louisville carried the momentum through the second half to bring the national title back to the Bluegrass State for a second consecutive season after Kentucky won the national championship last season. The Wolverines were not able to bring the Big Ten a national championship on a year where the conference was considered by many to be the strongest in college basketball. Some Buckeye fans reluctantly pulled for the Wolverines in a display of conference pride, but the Cardinals were just too tough and experienced for their opponents. Hancock was named Most Outstanding Player of the Final Four after two breakout performances. The transfer from George Mason dropped 20 much needed points in the national semifinal against Wichita State, before adding another 22 off the bench in Monday’s title game. read more

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Giggs wants Bale not to change clubs

first_imgRyan Giggs is convinced that Real Madrid is the right club for his national team start player, Gareth Bale, and he advised him to stay in Spain despite his situation hasn’t been easy.The Wales star has struggled to gain his regular spot in the starting eleven under Zinedine Zidane and he has been expected to change clubs sooner or later but his national team’s coach believes that it wouldn’t be the right choice.The former Manchester United player spoke about Bale’s situation as he said, according to Sky Sports:“Yes. I went to see him against PSG [in the Champions League last-16].”“When you go there the aura around the club, there are only a handful of clubs who have got that.”Sergio Ramos, Real MadridZidane reveals Sergio Ramos injury concern for Real Madrid Andrew Smyth – September 14, 2019 Zinedine Zidane has put Sergio Ramos’ availability for Real Madrid’s trip to Sevilla next weekend in doubt after withdrawing him against Levante.“So, of course, you want to stay there. He’s won three Champions League titles, the proof is in that.”“When you are at clubs like that you are always going to win things.”“I learned a lot when I was (United) manager for the four games and about how lonely it was.”“When you shut the door of your office and everyone else has gone home, you’re on your own.”last_img read more

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How Denis Suarez deal impacted Sven Mislintat exit – Sheth

first_imgEnglish side Arsenal are reportedly trying to speed up the transfer of Denis Suarez from Barcelona before the transfer window shuts, following the departure of Sven Mislintat.Mislintat is set to leave the club in February after he announced earlier in the week that he is exiting his role as the head of recruitment at the Gunners.“Totally involuntary!” Modric claims Suarez stamp an accident Andrew Smyth – August 18, 2019 The sent-off Luka Modric insists his stamp on Denis Suarez was an “accidental action” after becoming the first victim of La Liga’s new rules.The position is expected to be changed into a “director of football role or a technical director” role.The changes will be overseen by Arsenal’s director of football Raul Sanllehi and their chief executive Vinai Venkatesham, claims Dharmesh Sheth – host of Transfer Talk podcast.“I spoke about the restructure with Sanllehi and Venkatesham taking on the lead roles. “It seems the structure will take on what is described as a director of football role or a technical director,” Sheth was quoted by  Express. Sheth claims a factor in Mislintat leaving Arsenal was because he wasn’t being considered for the new position.last_img read more

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FA charge Jurgen Klopp for postmatch comments on referee

first_imgLiverpool boss Jurgen Klopp has been formally charged by the English Football Association (FA) for his post-match comments against West Ham on February 4.The German was heavily critical of referee Kevin Friend at the end of Liverpool’s 1-1 draw against West Ham at the London Stadium.It marked the Reds’ second successive draw and handed title rivals Manchester City the chance to leapfrog them into top spot of the Premier League, albeit having played a game more.Sadio Mane had given Liverpool the lead in the match with a questionable goal that had James Milner seemingly offside during the build-up to the opener.Due to this, Klopp suggested that Friend had favoured West Ham in the 50-50 decisions during the second half despite it only taking the hosts six minutes to get back level through Michail Antonio.“There were so many situations where it was 50-50 or 60-40… [he gave a] free-kick for the other team,” Klopp told Sky Sports.“As a human being, I know if I make a big mistake in the first half, I don’t want to open the gap even more.”Harry Maguire, Manchester UnitedLiverpool legend Nicol slams Harry Maguire’s Man United form Andrew Smyth – September 14, 2019 Steve Nicol believes Harry Maguire has made some “horrendous mistakes” recently, and has failed to find his best form since joining Manchester United.But the FA were not amused with Klopp’s comments, which breaches the Rule E3, and have now formally charged him.“Jurgen Klopp has today been charged with a breach of FA Rule E3,” read a FA statement.“It is alleged that comments he made in a post-match interview following Liverpool’s league game against West Ham United on February 4, 2019, breached Rule E3(1) as they questioned the integrity of the match referee and/or implied bias.”Klopp will have until Monday evening at 7:00 PM (CET) to answer to the FA’s charge.The 51-year-old is currently in Marbella, Spain, at a training camp as Liverpool prepare for the first leg of their last-16 Champions League clash against Bayern Munich at Anfield next Tuesday night.The Reds will then take on rivals Manchester United at Old Trafford five days later in the Premier League.LIVERPOOL, ENGLAND – JANUARY 19: Sadio Mane of Liverpool celebrates with teammates after scoring his sides fourth goal during the Premier League match between Liverpool FC and Crystal Palace at Anfield on January 19, 2019 in Liverpool, United Kingdom. (Photo by Laurence Griffiths/Getty Images)last_img read more

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Land purchase hearing for Alpine county park delayed

first_img Categories: Good Morning San Diego, Local San Diego News FacebookTwitter SAN DIEGO (KUSI) – The County Board of Supervisors rescheduled a public hearing on a potential land purchase in Alpine until its next meeting, Feb. 27.Alpine officials said they have been trying tog get a county park for years.Alpine Chamber Executive Director Alex Ward and Travis Lyon, Chair of the Alpine Community Planning Group and Alpine Union School District school board member discussed the plan on Good Morning San Diego KUSI Newsroom, February 13, 2019 KUSI Newsroom Posted: February 13, 2019 Land purchase hearing for Alpine county park delayedlast_img

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Recent Wilmington Real Estate Transactions

first_imgWILMINGTON, MA — Below are real estate transactions in Wilmington during the week of October 14, 2018:Address: 34-R Cottage StreetPrice: $535,000Buyer: Mohamed A. AliSeller: Gerald O. Duffy & Elizabeth DuffyDate: 10/15/18Use: 1-Family ResidenceLot Size: 21,344sfAddress: 15 Dorchester StreetPrice: $595,000Buyer: John Leverone & Lorena LeveroneSeller: Donna M. BrittDate: 10/17/18Use: 1-Family ResidenceLot Size: 20,038sfAddress: 3 Englewood DrivePrice: $550,506Buyer: Meghan Celli & Joseph CelliSeller: Sarah R. Hamel, Trustee for Wallace & Hubbard IRTDate: 10/15/18Use: 1-Family ResidenceLot Size: 22,651sfAddress: 48 McDonald RoadPrice: $375,000Buyer: Nathan Wilson & Ashley WilsonSeller: Robin McCarthyDate: 10/16/18Use: 1-Family ResidenceLot Size: 61,420sfAddress: 9 Mystic AvenuePrice: $510,000Buyer: Alex KreymerSeller: Brian HubbardDate: 10/17/18Use: 1-Family ResidenceLot Size: 11,326sfLike Wilmington Apple on Facebook. Follow Wilmington Apple on Twitter. Follow Wilmington Apple on Instagram. Subscribe to Wilmington Apple’s daily email newsletter HERE. Got a comment, question, photo, press release, or news tip? Email wilmingtonapple@gmail.com.Share this:TwitterFacebookLike this:Like Loading… RelatedRecent Wilmington Real Estate TransactionsIn “Business”Recent Wilmington Real Estate TransactionsIn “Business”Recent Wilmington Real Estate TransactionsIn “Business”last_img read more

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POLICE LOG for March 28 Dog Fight At Dog Park Neighbor Trying

first_imgWILMINGTON, MA — Here are highlights of the Wilmington Police Log for Thursday, March 28, 2019:Animal Control Officer responded to reports of an injured turkey on Palmer Way. (8:09am)Police responded to an altercation between parents during drop-off at the Wildwood Early Childhood Center. Police restored the peace. (8:37am)Animal Control Officer made arrangements to remove a deceased coyote from a backyard on Barbara Avenue. (12:25pm)A two-vehicle crash resulted in a rollover at Church Street and Adams Street. No injuries reported. (2:53pm)Police responded to a dog fight at the Town Dog Park on Main Street. During the fight, one dog owner attempted to break the dogs apart and her hand was bitten. Owner was transported to Lahey Clinic. One dog was taken to the vet. (5:14pm)A Ferguson Road caller reported he believes he found evidence that his neighbors have been attempting to harm his dog by throwing food over the fence that is harmful for dogs to ingest. Caller found an avocado in his yard. (5:37pm)During a check of Town Hall, police noted the back of the snack shack appears to have been vandalized. (5:40pm)(DISCLAIMER: This information is public information.  An arrest does not constitute a conviction.  Any arrested person is innocent until proven guilty.)Like Wilmington Apple on Facebook. Follow Wilmington Apple on Twitter. Follow Wilmington Apple on Instagram. Subscribe to Wilmington Apple’s daily email newsletter HERE. Got a comment, question, photo, press release, or news tip? Email wilmingtonapple@gmail.com.Share this:TwitterFacebookLike this:Like Loading… RelatedPOLICE LOG for August 19: Fist Fight At Planet Fitness; Hawk Stuck Inside Building; Gas Line StruckIn “Police Log”POLICE LOG for September 3: Driveway Paving Solicitors; Skate Park Tagged; WPD Assist With Pick-Up At SchoolsIn “Police Log”POLICE LOG for September 5: Train Conductor Helps Locate Missing Puppy; Rented Trucks Not Returned To UHaulIn “Police Log”last_img read more

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Alaska Permanent Fund looks to pay investment managers incentives

first_imgAlaska Permanent Fund Corporation CEO Angela Rodell at the corporate office in 2016. The corporation’s board has adopted a policy supporting incentive pay for investment managers. (Photo by Skip Gray/360 North)The Alaska Permanent Fund Corporation wants to start paying its investment managers something called incentive compensation. That would mean that state employees who manage the fund’s investments would be paid in part based on how the fund itself performs. That could help recruit talented managers — and keep the ones who are already here.The corporation’s board supports the policy, but it’s up to Gov. Mike Dunleavy’s administration and the legislature to make it happen.The corporation used to have all of its assets managed by outside organizations. But it’s shifted an increasing share of assets to corporation employees, scaling up from 40 to 61 positions in the past four years. This has saved the state money. And it means that they’ve been doing a lot of hiring lately.The corporation recently had a job applicant for a position managing investments. CEO Angela Rodell said the staff loved him as a candidate, and he loved the idea of moving to Juneau. They topped another job offer he had by $5,000.“It’s taken much longer to recruit than even any of us would have thought,” she said. “And the first question we get is, ‘Do you have incentive comp, and will I be eligible for it?’”Ultimately, the candidate took the other offer because it included an incentive worth up to 75 percent of his base salary, depending on how well his investments performed. Currently, the permanent fund doesn’t offer incentive compensation like this.Rodell said it’s become difficult for the Permanent Fund Corporation both to recruit and to retain investment managers.“We are on the fourth chief investment officer in the last 10 years, so that’s a pretty high turnover for that position, and that one in particular concerns the board,” she said.The Permanent Fund Board of Trustees has adopted a policy to start paying incentives, worth up to 50 percent of investment managers’ salaries. The payments would be a small fraction of the $63.9 billion fund. For next year, these incentive payments would be up to $1.4 million.The Alaska Permanent Fund Corporation Board of Trustees meet on Dec. 11, 2018. From left to right, they are: Carl Brady, Marty Rutherford, chairman Craig Richards, William G. Moran, Bruce Tangeman and Corri Feige. (Photo by Andrew Kitchenman / KTOO and Alaska Public Media)State Revenue Commissioner Bruce Tangeman, a member of the corporation’s board, said it’s a reasonable discussion to have.“Obviously, the permanent fund is a rather large endowment,” he said. “And it’s critical that we have the best and brightest managing that on our behalf.”But Tangeman also said that the proposed spending increase will be scrutinized by state Office of Management and Budget Director Donna Arduin. And she’s looking to cut the budget, not add to it.“Now that we have a new governor in place, everything will be converging at OMB, and Gov. Dunleavy has made it very clear that downsizing government is going to be critical,” he said.Bob Maynard worked in Alaska for 17 years beginning in 1975, including time as the permanent fund’s deputy executive director. He’s now the chief investment officer of the Public Employees Retirement System of Idaho. In that system, he used to receive incentive pay, but Idaho stopped it.He said any incentive system that depends on the legislature deciding whether to appropriate money every year is a problem. Incentives are designed so that if a person reaches a goal, they’ll receive the incentive. Maynard said that will never be certain when a governor or lawmakers could decide not to pay it.“That is a problem,” he said. “Because if you’re the legislature, you’re sitting there saying, ‘Are we creating a band of aristocrats?’”Maynard likes the concept of incentive pay. But he said the media and public criticized incentives paid to public employees who managed investments that lost value. That was true even when they did better than the market during the recession a decade ago.“And it was just too much of a burden on my board, on my chair, on the governor, etc., to have to defend the headlines,” he said. “Because the press will say … it’s a bonus.”Incentive pay schemes can be complicated. Rodell said the Permanent Fund Corporation avoided that.“Let’s keep it very simple and straightforward and very tangible for people to grasp that investors making investment decisions will benefit from the positive decisions that they make and they won’t benefit from the negative decisions they make,” she said.Managers would receive all of their incentive pay based on a combination of how the overall fund performs and how the particular assets that they manage perform. It would be based on performance over the past five years, with more weight given to the most recent year. The formula fits on a chart that takes up half of a page.The Alaska Permanent Fund’s performance has been good, growing nearly $5 billion more than a benchmark over the past five years.But Rodell is concerned that it will be a challenge to maintain that level of performance if the fund struggles to hire and keep talented investment managers.“Not only are we asking people to move to Juneau and to Alaska, we’re asking them to take a significant pay cut from what they would be offered down in the Lower 48. So part of this is for me. It’s more about positioning for new recruits than it is for retention,” she said.The deadline for Dunleavy’s administration to decide whether to ask the legislature for incentive compensation for the permanent fund is Feb. 13.last_img read more

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Donated Chinese bamboo strips turn out to be ancient multiplication table

first_img © 2014 Phys.org Citation: Donated Chinese bamboo strips turn out to be ancient multiplication table (2014, January 9) retrieved 18 August 2019 from https://phys.org/news/2014-01-donated-chinese-bamboo-ancient-multiplication_1.html The bamboo strips were part of a much larger collection of very old and partially decomposed bamboo strips, all of which had writing on the back. Recently, the researchers separated out the strips that had numbers on the back instead of characters representing letters. Figuring out what the numbers meant was a time-consuming process as they were in random order—the string that once bound them together had decayed thousands of years before. The time during which they were created corresponds to a period just before the Qin Dynasty, when what is now known as China was still divided into several warring states. Each strip is approximately 20 inches long and slightly less than half an inch wide, and the collection is believed to have been part of a set of artifacts retrieved from an ancient tomb which was subsequently lost to illegal trafficking. The person that donated the collection to university had bought it at a market in Hong Kong.Lining the strips in the right way reveals a table very much like a modern multiplication table—numbers across the sides and tops are used as multiplicands, their intersection points mark the result. Interestingly, the table also allows for multiplying partial numbers between 0.5 and 99.5, though the process requires converting equations into sums first.The researchers believe the multiplication table was likely used to measure land area, or to predict crop yields. They note the table can also be used to solve division problems, but doubt the people using them had learned of such math at the time. Prior to the new discovery, the oldest known multiplying device found in China was a table dated back to a period a couple of hundred years later than this new table, and it was considerably less useful. The new bamboo table represents a level of mathematical sophistication unheard of for the time, meaning historians will have to revise their estimates of the skill levels of the people that invented the table. Credit: Research and Conservation Centre for Excavated Text/Tsinghua Univ. via Nature. This document is subject to copyright. Apart from any fair dealing for the purpose of private study or research, no part may be reproduced without the written permission. The content is provided for information purposes only. Journal information: Naturecenter_img (Phys.org) —Researchers at Tsinghua University in China are reporting that a subset of bamboo strips donated to the university five years ago has been found to make up an ancient Chinese multiplication table. Dated back to 2,300 years ago (circa 305 B.C.), the table represents the oldest-known such device that computes in base 10—ancient Babylonian tables dating back 4000 years were base 60. NOAA reports discovery of table coral, Acropora cytherea, off O’ahu Explore further More information: via Naturelast_img read more

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Delhi best for metro commuters Chandigarh happiest city to live in Survey

first_imgIn a survey carried out across 16 cities, covering 2424 responders, it was found that Delhi is the happiest metro in the country. LG Life’s Good Happiness Study, trying to quantify happiness through an index, has ranked Chandigarh as India’s ‘Happiest City’ while Delhi came out third. Chandigarh which tops the list has a Happiness Index of 190, followed by Lucknow at 157, while Delhi ranked at number 3, with an Happiness Index of 149, is the happiest metro, followed by Chennai at number 4 overall, with an Happiness Index of 131. Also Read – ‘Playing Jojo was emotionally exhausting’The LG Life’s Good Happiness Study, which deconstructs the happiness lifecycle of Indians into five key drivers of happiness, viz., the 4Ps –Passion, Purpose, Pleasure, Pursuit, and their Context; was unveiled in national capital.Unveiling the study, Soon Kwon, Managing Director, LG India said: “The LG Life’s Good Happiness Study is a manifestation of our brand philosophy to make our consumers’ lives happy. My heartfelt congratulations to Chandigarh on winning the title of being India’s happiest city and Delhi for being the happiest metro. The findings of the study will help bring us closer to our customers and enable us to  play an important role in their pursuit of happiness!” Also Read – Leslie doing new comedy special with NetflixThe Top 5 happiest cities – Chandigarh, Lucknow, Delhi, Chennai and Bengaluru — all share the same broad themes as the sources of their happiness. The people of these cities are broadly happy with the amount of time they get to spend with family and the quality of relationship they share with friends and family. They are also happy with the kind of control they have over their lives and doing what they want and taking decisions for themselves. Chandigarh, reflecting its ‘if-you-want-it-then–do-it’ ethos, ranks highest on the Pleasure and  Passion domains with Happiness Index (HI) scores of 204 each, driven by factors like being able to do things for themselves (HI 231), and the time they have for themselves (HI 224). Being most happy about their physical appearance being their top ranked factor (HI 249) resulting in a higher ranking (HI 202) Purpose domain.Similarly, Lucknow, the city of Nawabs and  India’s heritage capital, rides on quality of relationships (HI 280) and  time spent with family and  friends (HI 284), and the support received from them (HI 270) for its high Happiness Index Scores on Passion (263) and Pleasure (202). Delhi, the happiest Metro, in contrast, is more individualistic in its joys – here, they enjoy having time for themselves (HI 193) and recognition for their work (HI 168) resulting in their high scores on the Pleasure and  Purpose Happiness Indies Scores of 164 and  150 respectively.Apart from relationships, Chennai is most happy along with access to new technology (HI 168) and being prepared for emergencies (HI 158) this revealing its dual state of a conservative core, coupled with a modern and technology-friendly ethos. Bengaluru citizens seem to be most in control of their lives and uniquely happy about their ability to fulfill all their needs and desires (HI 137), reflecting in its high ranking (HI 121) in the ‘Pleasure’ domain.The survey also found that Guwahati is the least happy. Amongst the metros, people in Delhi are the happiest while those in Mumbai are the least happy.last_img read more

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The Queen Elizabeth 2 ship now floats as a hotel on the

first_img Wednesday, April 18, 2018 The Queen Elizabeth 2 ship now floats as a hotel on the Persian Gulf The QE2, built by Cunard and put to sea in 1969, is the second ship the company named after the wife of King George VI, not the current British monarch – hence the number rather than the Roman numeral.The luxury ship travelled some 6 million miles in decades of service even as airlines came to dominate trans-Atlantic travel. It carried 2.5 million passengers and crossed the Atlantic more than 800 times. Britain requisitioned the ship as a troop carrier for the Falklands War against Argentina in 1982.More news:  Universal enhances popular Harry Potter vacation package with new perksIn 2007, Cunard sold the QE2 to an arm of the state-run conglomerate Dubai World for 50 million pounds ($100 million). She arrived to Dubai’s Port Rashid the following year as part of a glitzy armada led by a mega-yacht owned by Dubai’s ruler, Sheikh Mohammed bin Rashid Al Maktoum, at the height of the former British protectorate’s real-estate bubble.An economic crash left the QE2’s owners in debt for billions of dollars. Rumours circulated for years after that the ship could be sold. All the while, she sat mothballed at Port Rashid near Dubai’s historic downtown creek, a 149,000-ton reminder of the crash.Three years ago, the Dubai government’s Ports, Customs and Free Zone Corp. took over the project. It marks the first foray into hotels for the corporation, said Mustafa, who previously served as a managing director at the government-owned developer Nakheel and at the investment arm of Dubai World. He said the corporation planned to open other hotels in the future.The ship has been hooked up to Dubai’s power grid, but still floats in the Persian Gulf. An Associated Press team that visited the ship Tuesday could feel her list slightly while walking through portions of her completed passageways.More news:  Help Princess Cruises break the world record for largest vow renewal at sea“She lists. She’s supposed to that, she’s a ship,” Mustafa said.Today, around seven of the QE2’s 13 decks are under operation, with 224 cabins available, Mustafa said. Prices will range from $150 a night in the simplest berthing to $15,000 a night for the Queen Elizabeth and Queen Mary suites, he said.A green-hued British pub and other restaurants will serve alcohol, a common practice across Dubai’s hotels. However, its nickel, quarter and dollar slot machines will remain turned off as gambling is illegal.The ship also will feature shops run by Dubai Duty Free, the government-run conglomerate that had $1.93 billion of sales in 2017, with 9.7 million cans of beer and 7.4 million bottles of liquor and wine sold.Workers hurried across the ship Tuesday to finish up work ahead of the hotel’s soft opening Wednesday. By October, Mustafa said the hotel hopes to have a grand opening with “600 to 800 rooms” ready.“If you want to come and have a sense of how it was during the ocean liner era but at the same time being a doorstep away from Dubai, this is the place you want to be,” he said. “We’re not a theme. We’re not a concept. This is what this ship was.” Share DUBAI, United Arab Emirates — Famed Queen Elizabeth 2 cruise ship will finally open as a floating luxury hotel moored off Dubai, nearly a decade after completing its last ocean voyage.It’s been another long trip for the ship known as the QE2 to even open to the public, as Dubai’s financial meltdown and years of slow growth nearly sank the project and left the ship languishing at port. After initially planning to gut the vessel, Dubai’s government ultimately decided to restore the ship at a cost of over $100 million, down to replicating its 1960s carpeting, with work still underway.“It’s like walking into a time capsule – this is the ship in 1969. It’s a hotel and a museum,” said Hamza Mustafa, the CEO of Dubai’s Ports, Customs and Free Zone Corp.’s investment arm. “We’ve put in 2.7 million man hours working on her … making sure that she can really shine.”“She’s going to live on for many more years now in her final home in Dubai,” he added. << Previous PostNext Post >> By: Jon GambrellSource: The Associated Presslast_img read more

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Sony Pictures Television Networks is to launch a G

first_imgSony Pictures Television Networks is to launch a German version of its Sony Entertainment Television channel.The channel will begin broadcasting in the spring following a carriage deal struck between SPT Networks Germany and Deutsche Telekom. Sony Entertainment Television will be part of Deutsche Telekom’s IPTV Service, Entertain.Sony Entertainment Television in Germany will target women over 30 with a line-up of dramas, comedies and movies from the US and Europe.Bettina Hermann, network director, SPT Networks Germany, said: “Sony Entertainment Television is one of SPT’s leading global channel brands and we are very proud to bring it to Germany with Deutsche Telekom. Like all our channels here, the schedule will be tailored for the German speaking audience, with US blockbuster and first run series as well as high quality European and German telefilms. Moreover, with its mainly female target, Sony Entertainment Television will broaden the reach of our portfolio.”SPT Networks’ German portfolio includes action and entertainment channel, AXN, which is also available in HD, and animé and lifestyle channel, Animax.last_img read more

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