Comment Saliba had considered a late offer from Tottenham (Getty Images)The report claims that Arsenal will now pay an initial €33m (£29.8m) fee plus a further €7m (£6.3m) in add-ons.AdvertisementAdvertisementArsenal are also understood to have agreed to a 20 per cent sell-on clause with Saint-Etienne.Saliba will sign a five-year contract with Arsenal but will remain on loan at Saint-Etienne for the upcoming season.More: FootballRio Ferdinand urges Ole Gunnar Solskjaer to drop Manchester United starChelsea defender Fikayo Tomori reveals why he made U-turn over transfer deadline day moveMikel Arteta rates Thomas Partey’s chances of making his Arsenal debut vs Man CitySaliba made his first-team debut for Saint-Etienne in September 2018 and made 19 appearances for the French club last season.The centre-back is regarded as one of the most highly rated young defenders in France and has also represented his national side from under-16 to under-20 level.More: Arsenal FCArsenal flop Denis Suarez delivers verdict on Thomas Partey and Lucas Torreira movesThomas Partey debut? Ian Wright picks his Arsenal starting XI vs Manchester CityArsene Wenger explains why Mikel Arteta is ‘lucky’ to be managing Arsenal Advertisement Advertisement William Saliba is reportedly set to join Arsenal (Getty Images)William Saliba has chosen to join Arsenal after rejecting a late approach from Tottenham, according to reports in France.The Gunners had been in the driving seat to sign the 18-year-old and had hoped to secure a €30 million (£27m) deal with Saint-Etienne.But last week, Tottenham submitted an improved bid to Saint-Etienne and offered better contract terms to the defender.However, Peuple-Vert, a French outlet based in Saint-Etienne, claim that Saliba has opted to join Arsenal after the Gunners revised their original offer.ADVERTISEMENT Metro Sport ReporterWednesday 17 Jul 2019 12:54 pmShare this article via facebookShare this article via twitterShare this article via messengerShare this with Share this article via emailShare this article via flipboardCopy link4.5kShares William Saliba to join Arsenal after rejecting late Tottenham offer
Under the “shock” scenario, higher inflation would erode the basic state pension by £137 per year in real terms by 2017-18 – compared with staying in the EU – while the “severe shock” scenario would increase this loss to £142 per year, said the analysis.Someone receiving a basic state pension and an average annuity would lose £190 a year in real terms, according to the calculation.The report also predicted declines in house prices and in UK equity and bond prices.It said: “After two years, the total loss of wealth of those aged over 65 would be around £170bn in the shock scenario and £300bn in the severe shock scenario. For a person aged over 65 with the median portfolio of housing and non-pension assets, the loss in wealth is estimated to be around £18,000 in the shock scenario and around £32,000 in the severe shock scenario.”Furthermore, the predicted long-term fall in incomes and profits would mean future pensioners were able to save less for their retirement, and earn lower investment returns, the report said.It calculated that someone currently aged 50 on median earnings, with median defined contribution pension assets, could lose between £3,800 and £5,800 from their pension savings by 2030 under the shock and severe shock scenarios, respectively.Based on current annuity rates, that would mean pensioners losing retirement income of between £223 and £335 per year, compared with remaining in the EU.But former work and pensions secretary Iain Duncan Smith, who supports Brexit, said: “I don’t accept there will be a short-term shock to the UK economy if we leave the EU. When Britain left the European exchange rate mechanism in 1992, instead of being a shock, it was a huge rise in income, and pensions did very well as a result.”Duncan Smith warned of “two big threats of remaining in the EU” for pensions.“They postponed the solvency directive [Solvency II], but it will come back again, and it is estimated their plans will cost UK pensions £400bn,” he said.“Secondly, and even bigger, is the harmonisation directive, which will really do damage.”He also warned that both these directives would be approved under qualified majority voting, so that the UK alone could not stop them. UK pensioners could lose up to £32,000 (€42,050) off their assets if the UK votes to leave the European Union (EU), according to an analysis published by the UK Treasury.But in contrast, a former work and pensions secretary warned that, if the UK stayed within the EU, EU pension directives could inflict major damage on pension funds.The Treasury analysis relies on the conclusion of its own macroeconomic research, which was that “a vote to leave would cause an immediate and profound economic shock creating instability and uncertainty, which would be compounded by the complex and interdependent negotiations that would follow”.George Osborne, chancellor of the Exchequer, said: “That shock would push our economy into a recession and lead to an increase in unemployment of around 500,000, average real wages would be lower, inflation higher, and house prices would be hit compared with a vote to remain.”
Robert P. Crowell, age 76 of Batesville, died Saturday, November 11, 2017 at Margaret Mary Health. Born February 7, 1941 in Chicago, Illinois, he is the son of Ruth (Nee: Steele) and Cecil Crowell. He married Linda Pactwa August 3, 1963 at St. Paul’s Church in Hammond, Indiana. Bob taught Industrial Arts and Drafting for 33 years before retiring. His first two years were at Sunman and his last 31 in Batesville. He enjoyed working with young people. He started the Coonhunters Junior Conservation Club, worked on many projects with students through the Rural Alliance for the Arts, coached the high school track and cross country teams for 10 years and had a program similar to Junior Achievement in which his students would create a business, manufacture a product and sell it to the public.Other interests included being a member of the Tri-County Harmonizers Barbara Shop Quartet, a former member of the Coonhunters small bore rifle team and re-furbishing and re-finishing antiques with Linda. They also owned and operated the Safari Camp Ground for 16 years. Bob collect gas memorabilia and loved to collect and restore antique steam and gas engine tractors. A member of the Pioneer Engineers Club of Rushville, he had articles published in 23 magazines on the subject.Another love of Bob’s was cars. Over the years he owned several collectable cars and was a member of the Corvair Club of Indianapolis, the Corvair Club of Cincinnati, Vintage T-Bird Club of Indianapolis, the Ford Model T Club of America, the Ford Model T Club of Indianapolis, and the Hoosier Hills Car Club.Bob is survived by his wife Linda; daughter Patricia Crowell-Gentles of Lambertville, New Jersey; brother James Crowell of Valparaiso, Indiana as well as numerous nieces and nephews. He is preceded in death by his parents. Visitation is Wednesday, November 15th, from 4 – 7 p.m. at the Weigel Funeral Home. Funeral services are 10 a.m. Thursday, November 16th, at the Batesville United Methodist Church with Rev. Chris Renick and Rev. Charles Flory officiating. Burial will follow in the church cemetery. The family requests memorials to Safe Passage.
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