LATEST STORIES Marcosian mode: Duterte threatens to arrest water execs ‘one night’ End of his agony? SC rules in favor of Espinosa, orders promoter heirs to pay boxing legend 787 earthquakes recorded in 24 hours due to restive Taal Volcano Gilas Pilipinas entered the Fiba Asia under the shadow of uncertainty: Andray Blatche begged off from the team and June Mar Fajardo was struck off due to injury.But after dismantling defending champion China, the Filipinos are suddenly under the spotlight.FEATURED STORIESSPORTSEnd of his agony? SC rules in favor of Espinosa, orders promoter heirs to pay boxing legendSPORTSRedemption is sweet for Ginebra, Scottie ThompsonSPORTSMayweather beats Pacquiao, Canelo for ‘Fighter of the Decade’And they will no longer be underdogs when they take the Nouhad Nawfal Sports Complex floor at 9 p.m. (Manila time) against Iraq, which made a huge lineup change by replacing naturalized player DeMario Mayfield.This will give the Iraqis a slightly different look when they tangle with the Filipinos, who routed them in the Jones Cup, 84-75, in Taipei. Filipinos turn Taal Volcano ash, plastic trash into bricks PLAY LIST 01:40Filipinos turn Taal Volcano ash, plastic trash into bricks01:32Taal Volcano watch: Island fissures steaming, lake water receding02:14Carpio hits red carpet treatment for China Coast Guard02:56NCRPO pledges to donate P3.5 million to victims of Taal eruption00:56Heavy rain brings some relief in Australia02:37Calm moments allow Taal folks some respite Don’t miss out on the latest news and information. Ai-Ai delas Alas on Jiro Manio: ‘Sana pinahalagahan niya ang naitulong ko’ 2 nabbed in Bicol drug stings MOST READ Iraq pulled Mayfield out of the lineup and went for Kevin Galloway, even if Mayfield was one of the best scorers in Taipei and drilled 29 points in that losing game against the Filipinos.The Iraqis will also come into the game with some sort of momentum after tripping Qatar, 75-66, with Galloway shooting 16 points and plucking down eight rebounds.The Philippines-Iraq game was one of the dirtiest in the Jones Cup. Christian Standhardinger and Carl Cruz, in fact, were thrown out of that game.Coach Chot Reyes and his staff came over to Beirut knowing that Mayfield will be the naturalized player for Iraq, but now they will be having to deal with someone who is a lot taller and heftier in Galloway.Galloway was originally replaced by Mayfield in the team, though the 26-year-old would have been a handful for the Gilas guards because of his athleticism and shiftiness.ADVERTISEMENT Teen gunned down in Masbate The Filipinos close out first-round play against the Qataris on Sunday also at 9 p.m.Meanwhile, Calvin Abueva apologized to the team immediately after the win over the Chinese as he played just over a minute and 30 seconds and was thrown out after head-butting Li Gen in the first quarter.Gilas officials said that under Fiba rules, being thrown out does not mean an automatic suspension in the next game.Sports Related Videospowered by AdSparcRead Next Albay to send off disaster response team to Batangas 787 earthquakes recorded in 24 hours due to restive Taal Volcano PH athletes get send off for SEA Games Gilas Pilipinas. Photo from Fiba.comTerrence Romeo’s name is starting to make the rounds on social media. Raymond Almazan, a Fiba Asia “rookie,” just saw his two dunks in the first half against China immortalized by the tournament as they made the top five plays of the day.What difference a game makes.ADVERTISEMENT Vilma Santos, Luis Manzano warn public of fake account posing as her View comments
The banking sector continued its strong performance for the second quarter of 2014 with key items on the industry’s balance sheet showing improved feat. According to the Central Bank of Liberia (CBL), the sector’s key balance sheet items at the end of June, 2014, were higher than their previous quarter positions. This, according to the regulator, is on account of revaluations of fixed assets and depreciation of the Liberian dollar against the United States dollar.The Bank reported industry’s strong capitalization and liquidity position, but pointed out that its profitability still remained subtle [fragile or weak] due to poor assets quality of few banks driven by weak credit administration and high operation expenses. The CBL highlights increased in non-performing loans in the industry as discussed below.On the balance sheet side, however, a data published by CBL for the second quarter of 2014 indicates that the industry’s balance sheet, in terms of total assets, expanded by 9.4 percent to over L$75 billion over the previous quarter and by 20.7 percent over the corresponding period in 2013. Similarly, total loans and advances grew by 6.3 percent to L$30.0 billion compared with the previous quarter and 31.4 percent when compared with the same period in 2013. The industry’s total capital also increased by 17.7 percent to L$11.0 billion at end of June, 2014, compared with the previous quarter and 30.9 percent from June of 2013. Deposits being the dominant source of financing of the banks’ assets base, however, recorded a decrease of 4.0 percent to L$46.6 billion compared with the previous quarter, but recorded 6.6 percent growth over the figure recorded for the same period a year ago. The CBL noted that overall growth rates reflect continuous confidence in the banking system; increased financial deepening and increased economic activities in the country. The capital adequacy ratio (CAR) for the industry, however, decreased slightly from 22.5 percent at the end of the first quarter to 22.3 percent at the end of June, 2014. The Bank meanwhile noted that all of the banks are in excess of the minimum requirement of 10 percent when measure by the CAR.Two banks, names withheld, fell short of meeting the minimum net worth requirement for each bank. “It must be noted that these capital levels are adjusted based on the bank’s international financial reporting system (IFRS) submission to the CBL. That is, the increase in the industry’s net worth is largely due to revaluation of fixed assets to reflect the fair value measurement as well as exchange rate factor,” the CBL stated.Non-Performing Loans The Central Bank also reported in non-performing loans (NPLs). According to the CBL, the NPLs as a ratio of total loans in the industry increased slightly by 1.0 percentage point to 15.5 percent during the second quarter in 2014. Despite this slight increase however, NPLs as a ratio of total loan improved by 3.3 percentage points compared with the corresponding quarter in 2013. This means that NPLs deteriorated by 13.9 percent to about L$4.7 billion as at end-June, 2014 in absolute term. The CBL declared that six of the 9 banks recorded NPLs loans to total loans above the regulatory limit of 10.0 percent, while the remaining 3 banks fell within the limit. The industry recorded gross earnings of L$3.7 billion and operating profit of L$968.3 million [before loan loss provisions and taxes] at the end of the second quarter and this represented improvements by 36.8 percent and 115.4 percent when compared with the corresponding quarter in 2013. Like the second quarter in 2013, the industry also recorded a net loss position at end of June, 2014. Five of the banks recorded profits, while the remaining 4 banks recorded net loss positions.About 51.5 percent of earnings in the industry were from non-interest sources, down from 54.2 percent recorded in the preceding quarter, reflecting the low profitability of financial intermediation in the banking sector, the CBL added.The composition of the industry’s liquid assets shows that most of the banks’ assets are held in foreign accounts, which the CBL has observed, may pose a potential liquidity risk to the system in meeting domestic liquidity needs.However, except for two banks, the loan to deposit ratios both at individual bank and industry levels are below 70.0 percent. This, the CBL says is evident of the comfortable liquidity position of most of the banks to meet the liquidity needs of their customers.Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)
0Shares0000Gor mahia coach Steven Polack (left) receives a personalized plaque from Fidelity Insurance Marketing Manager Nicholas Malesi after being crowned Coach of the Month for October. The presentation ceremony was at the team’s training base of Camp Toyoyo on November 28,2019.PHOTO/SJAKNAIROBI, Kenya, Nov 28 – Gor Mahia tactician Steven Polack has scooped the Fidelity Insurance Coach of the Month Award for October following a pulsating run of victories that kept the defending champions in the league summit.The Brit guided K’Ogalo to three victories in three matches, trouncing Nzoia Sugar 2-0 before narrowly dispatching struggling Zoo and Kariobangi Sharks each by a solitary goal. “I’m humbled to receive a personal award for the team’s performance in October. I have to thank them for putting in hard work because I would not have got it. It is encouraging during such tough times to be awarded,” he said.Polack was shoulders above other coaches in the running for the October award with his 100% record that earned his team nine points. He was trailed by KCB coach Zedekiah Otieno who earned the bankers seven points from two victories and a draw.Gor mahia coach Steven Polack poses with his players after being crowned Coach of the Month for October. The presentation ceremony was at the team’s training base of Camp Toyoyo on November 28,2019.PHOTO/SJAKGor Mahia have confounded many by staying on a winning run despite debilitating financial challenges occasioned by loss of shirt sponsors four months ago. The tactician attributed K’Ogalo’s glittering performance on dedication by players who endure very hard times.“It is a wonder that despite off field issues you have continued to achieve great results on the pitch. It is our prayer that you emerge from this stronger and continue with the good job,” Fidelity Insurance marketing manager Nicholas Malesi saidFor his reward, Polack received a personalized plaque and Sh75,000 courtesy from the sponsors and follows in the footsteps of the last four Gor Mahia coaches who have landed the gong since its inception.0Shares0000(Visited 23 times, 1 visits today)
On this week’s edition Nat Coombs looks at the line-up of the NBA finals, the first game of the NHL Stanley Cup final, the latest NFL, MLB & MLS news, as well as the tenth Indy 500 race.Nat is also joined by American sports producer Phil Spooner in the studio, and talks to UK Cowboys Fans and Britball team, the Carlisle Sentinals…
LANCASTER – Two young Antelope Valley women rescued in 2002 in the first use in California of the Amber Alert system helped unveil Friday a postage stamp commemorating the system that uses radio and television broadcasts and freeway signs to help find abducted children. Tamara Brooks, now a 19-year-old UCLA political science student, took part in an Orange County ceremony with the mother of Samantha Runnion, the 5-year-old girl whose abduction and murder galvanized state officials into creating the California Amber Alert system. Jackie Marris, now 21 and running her own interior design business as well as working at a Palmdale restaurant, attended a Lancaster ceremony with state Sen. George Runner, R-Lancaster, who as an Assemblyman had pushed for more than a year to get the Amber Alert started in California before Samantha’s murder. “People need to remember it could be their child someday, or somebody they know,” said Marris’ mother Nadine Dyer after the Lancaster ceremony. Brooks, an Antelope Valley High School student government leader and track star, and Marris, a Highland High School cheerleader, were abducted by a fugitive ex-convict from a Quartz Hill hilltop teen hangout. The kidnapper bound with duct tape the young men they were with, and drove off with the girls in a stolen SUV. During hours of crisscrossing Southern California, as a thousand freeway signs and radio and television stations repeated the license number and description of the white Ford Bronco, the drunken captor at one point parked and fell asleep. The girls stabbed him with his hunting knife, hit him in the face with a whiskey bottle, and shoved him out of the Bronco. Bloodied, he pointed his gun at them and threatened to kill them unless they unlocked the door. Then the SUV was spotted: first by a highway worker on Highway 178 in Kern County, then by an animal control officer who saw it turning onto a dirt road east of Lake Isabella. Two Kern County sheriff’s deputies found the Bronco and cornered it in a dry wash. When the driver pulled out a gun, the deputies opened fire as the girls screamed in the back seat. Neither girl was hurt. Thirty-seven-year-old Roy Dean Ratliff of Rosamond, a parolee who had been on the run for 10 months, was killed. Since the girls’ abduction, Amber Alerts have been issued in California 87 times, resulting in the rescue of 115 youngsters. email@example.com (661) 267-5742160Want local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set! AD Quality Auto 360p 720p 1080p Top articles1/5READ MORE11 theater productions to see in Southern California this week, Dec. 27-Jan. 2Added Sharon Brooks, Tamara’s mother, at the Lancaster ceremony: “Without this program, Jackie and Tamara would just be memories in our minds.” The stamp image shows the faces of a mother and child embracing, reproducing a pastel illustration by artist Vivienne Flesher. Printed on the stamp are the words: “Amber Alert saves missing children.” The 39-cent stamp was unveiled at the California ceremonies as well as at ceremonies in Washington, D.C., and in Texas, where the alert program started in 1996 after the abduction and murder of 9-year-old Amber Hagerman. The stamp follows a Postal Service tradition of issuing stamps to draw attention to social issues, said Stacia Crane, the Postal Service’s local consumer affairs manager. The girls’ Aug. 1, 2002, abduction and rescue could hardly have been more dramatic.
NEW YORK – Francie Todd’s two boys might not notice it, but there’ll be fewer toys under the tree this Christmas. Amid higher gasoline prices and other effects of Hurricane Katrina, Todd plans to cut her toy spending in half. “You look at the economic climate overall, and this is not a good time to run up the credit cards,” said the East Lansing, Mich., woman, who will spend about $100 on toys for each child, down from $200 last year. The human suffering from Katrina has also made Todd re-evaluate her budget for toys. Wal-Mart, hurt last year when it didn’t offer enough discounts, is expected to mark down more aggressively this year. Toys “R” Us, meanwhile, is offering more exclusive toys than it did last year, and other retailers are also ready for a battle to get customers into the store. “We will absolutely be competitive with Wal-Mart this holiday season,” said Lena Michaud, a spokeswoman at Target Corp., who declined to elaborate further. But price competition from discounters is just part of the problem – the toy industry needs some big hits this holiday season to make children want more toys. After suffering overall sales declines of 3 percent in both 2003 and 2004, toy companies have already seen sales of traditional toys – dolls, games and action figures, for example – drop 5 percent from January through August, according to NPD Group Inc., a market research firm in Port Washington, N.Y. What’s hurting traditional toy sales is that children are growing out of toys at a younger age and are more interested in trendy clothing and such gadgets as digital music players. Meanwhile, the uncertain economy, particularly higher gasoline prices, have made parents more conservative when it comes to toy shopping, according to Silver. Still, plenty of toys have caught parents’ notice this year. Toys related to the latest “Star Wars” and the “Batman” movies, such as Darth Vader helmets from Hasbro and the Batmobile from Mattel Inc. have done well, along with new versions of retro toys from the 1990s such as Play Along Inc.’s Sky Dancers and electronic learning products such as LeapFrog Enterprises Inc.’s Leapster. For the holidays, the toy industry has high hopes for a series of children-friendly versions of adult gadgets, including VCamNow, a $79.99 video camera for 8-year-olds, and ChatNow, a $74.99 pair of two-way radio communicators, both from Hasbro. Toy companies are also coming out with educational toys that are more fun to play with, such as LeapFrog’s $99.99 L-Max Learning system, which plugs into a television; and VTech Holdings Ltd.’s $89.99 V.Smile Pocket, a handheld version of the original V.Smile learning system. There are also more advanced high-tech dolls such as Amazing Amanda from Playmates Toys Inc., a doll that can recognize her “mommy’s” voice and respond after hearing it just a few times. “We are living in a gadget-driven world, and kids want their own gadgets,” said Chris Byrne, a New York-based independent toy consultant. “It makes them feel like they’re part of the whole culture.” John Barbour, president of Toys “R” Us’ U.S. store division, believes there are “a lot more exciting products” than last year, and is counting on such hits as Leapfrog’s Fly, an electronic learning pen, and electronic characters such as iZ, from Zizzle Inc. and Hasbro’s I-Dog, both of which can be hooked up to an iPod, to boost sales. Still, Barbour, whose company recently was taken private, said this will be the year that parents will be thinking about value and getting the fair price. Debbie Chasse of Winchester, Mass., the mother of two girls, said she will be spending the same amount on toys as last year, but will be “looking for more value, things that catch their eye, rather than my eye.” 160Want local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set! AD Quality Auto 360p 720p 1080p Top articles1/5READ MOREWalnut’s Malik Khouzam voted Southern California Boys Athlete of the Week “We want to be more about the experience of giving, and less about the getting,” she said. Those sentiments, likely to be shared by millions of parents this holiday season, are a depressing turn for the $20 billion toy industry. If parents buy only one or two fewer toys each, the collective frugality could give the industry its third straight year of falling holiday sales. Toy retailers, preparing for a difficult season, plan big discounts and other promotions. “It’s going to be extremely competitive to draw customers to their stores,” said Jim Silver, editor-in-chief of Toy Wishes, a trade publication. Price wars are already under way. Wal-Mart Stores Inc. began by slashing prices up to 30 percent on toys including the latest version of Hasbro Inc.’s electronic pet Furby, and Fisher-Price’s “Shout” Dancing Elmo. Toys “R” Us Inc. responded by lowering its prices.
Print Friendly Version The Bulldogs welcome three freshmen, Aimee Gerschke from South Milwaukee, Wis., Sigurlaug Jonsdottir from Hafnarfjordur, Iceland and Riley Krohe from Geneva, Ill. Live Scoring Glennie led the Bulldogs last season with a 77.8 average over 27 rounds, while Dunn ranked second on the team with a 78.5 average over 24 rounds. Dunn finished tied for 33rd in her collegiate debut last year at the Redbird Invitational for a team-best score of 235. Story Links DES MOINES, Iowa – The Drake University women’s golf team opens its 2016 fall season under second-year head coach Rachael Pruett on Sunday and Monday at the Redbird Invitational in Normal, Ill. Pruett will have three returning letter winners, juniors Madison Glennie and Brooke Miller and sophomore Grace Dunn. After the Redbird Invitational, Drake will play at the Cardinal Classic, hosted by Ball State on Sept. 19. The 54-hole event hosted by Illinois State will begin with a shot gun start at 8:30 a.m. each day. The 14-team field includes: Ball State, Boston College, Bowling Green, Bradley, Butler, Drake, Evansville, Florida Gulf Coast, Illinois State, Loyola-Chicago, Northern Illinois, Ohio, Southern Illinois and Western Illinois.
Poet Koleka Putuma is a South African cultural icon-in-waiting. Her straight-talking multimedia poetry tackles racism, sexism and social ills head-on, giving young African women a formidable global voice.Koleka Putuma is a South African spoken word poet who uses poetry, music and the power of the internet to give African women a voice. (Image: Facebook)CD AndersonPutuma’s words are never minced and are delivered without formula or platitude. Whether in spoken word format or written, her poetry tackles serious issues with the gravity they deserve.Following her win at the inaugural South African National Poetry Slam in 2014, as well as a 2016 PEN SA Student Writing Prize, Putuma released her first anthology of poetry in April 2017, titled Collective Amnesia. The book has gone on to sell more than 2,000 copies; this in a local literary market where poetry books rarely sell more than 100 copies.The anthology is a top seller in a number of South Africa’s most popular independent bookstores, but what makes Putuma’s success different is her approach to delivering her work to the world.Embracing new media such as video and social media, she delivers her voice directly to the people.Collaborating with video artist Jarryd Kleinhans and photographer Andiswa Mkosi, Putuma presents visual interpretations of her work through online video-sharing sites. The effect is immediate and collaborative, changing poetry from being a monologue into an interactive dialogue.However, to read her words in print, in book form or through her social media postings, the full effect of her use of language and metaphor offers a closer exploration of her work.Following an intense three-month book launch performance tour to 13 centres across the country, and as it is about to enter its third print run, Collective Amnesia has been chosen as a prescribed text for second-year university students. Putuma is turning South African poetry into the new rock ‘n’ roll.Born a year before South African post-apartheid democracy, Putuma is of a generation that doesn’t have a living memory of apartheid, yet she still feels and can articulate the repercussions ingrained in modern social ills of gender violence, entrenched patriarchy and ongoing discrimination.Milisuthando Bongela, cultural editor of the Mail & Guardian, praises her precocious talent, saying: “This person who was born in 1993 was never meant to experience apartheid or any sort of discrimination, has now written a book that archives her experiences in this so-called free country that we live in.”Her performances are delivered in an idiosyncratic and eccentric style, a very modern mix of meme-culture, quirky slang and unapologetic youth coolness.The poem 1994: A Love Poem is an acidic tongue-in-cheek take on South Africa’s middle-class obsession with Nelson Mandela and how it is very different in real life interactions between black and white South Africans: “I want someone who’s going to look at me and love me the way white people look at and love Mandela. You don’t know love until you’ve been loved like Mandela/ You don’t know betrayal until you’ve been loved like Mandela/ You don’t know [expletive] until you’ve been loved like Mandela.”Koleka Putuma is a South African spoken word poet who uses poetry, music and the power of the internet to give African women a voice. (Image: Andiswa Mkosi)Her poems celebrate young Africanness, yet mourn the deep-rooted problems of gender politics. In the poem Black Solidarity, Putuma explores the hypocrisy of sexism and patriarchy, particularly in social and political activism: “How come your revolution always wants to go rummaging through my underwear?… How come references to your revolution are limited to Biko and Fanon and Malcolm?/ Do you read?/ Your solidarity, it seems, is anchored by undermining black woman’s struggle.”Speaking during a Johannesburg launch of her book at the end of June 2017, Putuma explained her position: “I used to look at my mother and my auntie’s choices and think, ‘Why would you stay? Why would you choose that in that particular situation?’ But after writing this book and having experienced things as a black woman, I learned that, in that particular situation, your mother and aunt chose silence so that they could live, or so that there could be peace in the house, so that they could eat.”Established South African poet Lebo Mashile calls Putuma a revolutionary new voice in South African poetry. “She’s exploding the model of South African literature, which is a wonderful thing. She is emerging, and with authority, to claim her space and audience. The work that [she is] doing is very necessary. [She is] opening the way for [young people, particularly girls and young women to find their voices]. Ten to 15 years from now, they will reference and thank [her].”For a more in-depth look at Putuma’s work, visit her website and Facebook page.Source: Okay AfricaWould you like to use this article in your publication or on your website? See Using Brand South Africa material.
The Supreme Court today deferred by two weeks the hearing of a review petition filed by the BCCI of its verdict validating the Lodha recommendations.SC will hear BCCI’s petition seeking review of court verdict validating Lodha Panel recommendations after two weeks in-chamber hearing. ANI (@ANI_news) October 18, 2016The BCCI has been told in no uncertain terms to implement the Lodha reforms. The apex court has already barred the Indian cricket board from disbursing funds to state associations, who have refused to comply with the Lodha recommendations. (BCCI refuses to blink again, says will not accept Lodha reforms in totality)On Monday, the Supreme Court reserved its order after the BCCI sought more time to implement the reforms. (BCCI president Thakur now part of ICC’s finance committee)However, Amicus Curiae Gopal Subramaniam asked the apex court to appoint an administrator or ask the Lodha committee to do so. (BCCI setting dangerous precedent with its defiance of Supreme Court)”BCCI President Anurag Thakur’s letter to ICC Chief Shashank Manohar amounts to interference. How can he be entrusted with responsibility to implement Lodha panel’s recommendation. SC gave optimum time to BCCI for compliance. Administrators must be appointed. Lodha panel can nominate experts. This kind of disobedience (by BCCI) is contemptuous,” he said. (BCCI vs Lodha Committee: A timeline)The SC after going through the records of the BCCI meeting said, “It appears that at every stage there was defiance and obstructions.”BCCI counsel Kapil Sibal said the board has implemented several recommendations and that if they are given time, they will try to convince the state associations to accept the recommendations, adding that they do need approval from three-fourth members. BCCI said it is against the ‘one-state-one-vote’ recommendation. advertisement
Two Russian athletes – 1,500m runner Yegor Nikolayev and 400m runner Alexander Skorobogatko – have been allowed to compete internationally as neutrals, the International Association of Athletics Federations (IAAF) said in a statement.”The IAAF Doping Review Board has agreed that the applications of two Russian athletes have met the exceptional eligibility criteria to compete in international competition as neutral athletes in 2018 while the Russian national federation (RusAF) remains suspended,” the statement read, reports TASS news agency.However, a thing to note is that neither Nikolayev nor Skorobogatko have yet qualified for the European Athletics Championships scheduled to be held in Berlin on August 6-12.”A total of 74 Russian athletes have so far been declared eligible to compete as Authorized Neutral Athletes in 2018,” the IAAF said, adding that “68 applications have been denied and five athletes have had their ANA status revoked.”In December 2016, the IAAF decided that until the membership of the All-Russia Athletics Federation (ARAF) was restored, Russian athletes who met all the anti-doping criteria could participate in international tournaments as neutrals. Those willing to become neutrals are to file individual applications that must be approved by IAAF officials.On Friday, the IAAF Council refused to reinstate the ARAF at its meeting in Argentina’s capital of Buenos Aires.”The Council noted significant progress by the Russian Federation in meeting the outstanding requirements, and in some cases going above and beyond what was required, but has decided that the Russian federation’s suspension will remain in force until its next meeting in December,” the IAAF said.advertisement(With IANS inputs)