Tag: 上海龙凤419

Warners Bay and Chancellor taste Schools Cup glory

first_imgEden RichardsThe girls of Chancellor State College and the boys of Warners Bay High School have taken out their respective divisions of the Harvey Norman National Schools Cup.Chancellor were near unstoppable against Helensvale in the Girls Grand Final, running out 8-3 winners in a one-sided affair.The girls from Sippy Downs scored the first four touchdowns of the match to lead 4-0 at half-time, before continuing to pile on the pressure in the second stanza.The score blew out to 6-0 early in the second half before Helensvale hit back to add some respectability to the scoreboard, but the damage had been done to give Chancellor a well-deserved victory.Courtney Fietz scored a double for the victors, while Nikiah Campbell crossed twice for Helensvale in what was a good performance in a losing side.After watching the girls leave it all on the field, it was time for the boys to show the onlookers on the Sunshine Coast what they were capable of.In what was an exciting contest, Warners Bay and St Edward’s College traded touchdowns early on in their grand final, with neither side able to form any sort of a lead.It hit 3-all halfway through the first half before Warners Bay began to run over the top of their opponents late in the first stanza.Warners Bay used their superior field position and strong possession to jump to a 6-4 lead at half-time, and St Edward’s were going to need a huge effort in the second 20 to mount a comeback.St Edward’s had to be the first to score in the second half and they did just that, crossing the line after a 12-minute stalemate in which both teams continued to turn the ball over.At 6-5 with five minutes to play it was anyone’s match to win, but Warners Bay simply wanted it more, crossing twice in a row to lead 8-5 with four minutes to go.St Edward’s scored a consolation touchdown in the dying minutes, but it was Warners Bay who secured a hard-fought victory.Joshua Fredrickson and Kobe Mcwilliams scored doubles for Warners Bay, while Sandon Smith crossed twice for St Edward’s.last_img read more

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a month agoReal Madrid attacker Vinicius Junior: Why Osasuna goal brought me to tears

first_imgReal Madrid attacker Vinicius Junior: Why Osasuna goal brought me to tearsby Carlos Volcanoa month agoSend to a friendShare the loveReal Madrid attacker Vinicius Junior has explained his tears after scoring in victory over Osasuna.Vinicius says he cried as being injured it had been a “little difficult” for him to rediscover the form of last season.He said, “I cried because after my injury it was a bit complicated. It was taking a long time to play as before. I was not so happy. “Today I was calmer and nothing better than before a derby. After so many games, I had never been so many without scoring. “I am delighted to have scored again.” About the authorCarlos VolcanoShare the loveHave your saylast_img

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A pattern from Kargil to Balakot

first_imgNothing could be more serious than the fact that for the very first time in the history of Independent India, eight former service chiefs, including another around 150 veterans, had to write a letter to the President and Supreme Commander of the Armed Forces Ram Nath Kovind, urging him to intervene against politicisation of the military in the Lok Sabha elections. Though the letter endorsed by 156 prominent army-men requests the President to take all necessary steps to ‘urgently direct all political parties’ that they must forthwith desist from using the military, military uniforms or symbols and any action by military formations or personnel for political purposes or to further their political agenda, the timing of the letter clearly shows that the army veterans are deeply upset with Prime Minister Narendra Modi’s appeal to first time voters to dedicate their vote to the memory of Balakot and Pulwama. Modi had even gone to the extent of telling the young voters that if they will push the lotus symbol in EVMs, their vote will directly reach him. Election Commission has also expressed serious displeasure on Modi’s speech in an election rally at Latur in Maharashtra in which he made every effort to take political advantage of the unfortunate incident in Pulwama and a fitting reply by Indian army in Balakot. Prime Minister Modi shows no sign of any hesitation in tearing apart the election code of conduct whenever he gets an opportunity to attract voters. At different times during assembly elections held in the past five years, he never bothered to respect the basic spirit of elections in a democracy. Modi has within him strong defiance for any democratic norm. He always tried to take political advantage of the achievements of Indian Forces after taking over as the Prime Minister. I recall the last day of January 2017, when the then President Pranab Mukherjee mentioned about the surgical strikes in his address to the joint session of Parliament. Modi thumped his desk the loudest and his body language was giving all the credits to this achievement to himself. After September 2017 surgical strikes by the army across the Line of Control, Modi has spared no stone unturned in making such actions the central theme of his government’s stellar achievements. Prime Minister Modi never bothered to consider the negative consequences of using military operations to garner votes for his Bhartiya Janta Party. Even his lieutenants such as Uttar Pradesh Chief Minister Yogi Aditya Nath have gone to the extent calling the forces as “Modi ki Sena” without giving a thought that it will impinge adversely on the moral and fighting efficiency of those who selflessly serve the nation in uniform. On this, Union Minister (Retd.) Gen. VK Singh also had to criticise his party fellow UP Chief Minister. Modi government had also turned a deaf ear to 21 opposition parties who condemned the blatant politicisation of the armed forces and criticised Modi for not convening an all-party meeting amid the rising Indo-Pak tensions. Modi does not believe in the principle that national security must transcend narrow political considerations. BJP president Amit Shah had announced at the time of the elections in five poll-bound states that two key planks of his party’s electoral campaign would be demonetisation and surgical strike. But then he chose to sideline the demonetisation issue as it was heavily counter-productive and BJP focused on singing the song of surgical strikes. Similar is the situation in ongoing general elections. BJP is busy snatching the credit of various important security operations from the armed forces and scientists and adding it to its political kitty. The real issues of ruined economy, worst job market, inflation, social disharmony and rise of crony capitalism have deliberately been washed away from the national discourse. Some may argue that when Manohar Parrikar is no more amongst us, it is unfair to make any comments on him, but let us not forget how he has been credited with planning and conducting the surgical strikes of 2017, which he also had attributed to his ‘RSS training’. The fact is that Parrikar those days was spending more time in Goa for the preparations of Assembly elections than in strengthening the country’s defence. I have no idea what is there in Modi’s mind for the warriors of Balakot? But you may like to recall that how one-and-a-half year back he could make the surgical strikes the most highly decorated single operation in the history of Indian army by giving 32 awards to personnel who carried out the plan. Soon after that when Parrikar attended a BJP rally at Lucknow, the banners and posters carrying the pictures of director-general of military operations Lieutenant General Ranbir Singh, who was the public face of the surgical strikes, surrounded by the photographs of Modi, Shah and Parrikar were seen at the rally venue and all over Lucknow streets. That was a trailer of BJP’s keenness for the politicisation of army. The current general election is watching a full feature film of this mindset. It is not accidental that Modi has demanded the votes from first-time voters as a return gift to him for what he has done in Balakot. He wants them to believe that only he can ensure India’s safety and security. There is a particular pattern from Kargil to Balakot through which BJP tries to fetch votes in its favour. By creating a political hype of army operations, the issues of colossal intelligence failures at strategic and tactical levels are brushed aside. BJP’s determination to extract maximum political mileage from military achievements is dangerous. We sleep safely at night because tough men stand ready all the time, but we spent sleepless nights when we see people weakening the very roots of our democratic polity by misusing army ventures to harvest their political aims. Enlightened leadership is always spiritual—spirituality not as some kind of religious dogma or ideology but as a domain of awareness. Our political system is fast losing the values of goodness and compassion. Unless we have insight and focused attention to change the scenario during this general election, the Indian dream will shatter for decades to come. Therefore, the electorate, especially our first-time voters have much more responsibility this time. Let’s hope for the best! (The author is Editor & CEO of News Views India and a national office bearer of the Congress party. Views expressed are strictly personal)last_img read more

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Kejriwal endorses sacked BSF jawan pitted against Modi

first_imgNew Delhi: Lauding former BSF constable Tej Bahadur Yadav for “challenging” Prime Minister Narendra Modi in Varanasi, Delhi Chief Minister Arvind Kejriwal Tuesday said there is “something in the soil of Haryana”, the state from where the sacked jawan hails. In a tweet, the Aam Aadmi Party (AAP) convener said that in the 2014 general elections too, someone from Haryana– referring to himself– had taken on Modi in Varanasi. Yadav, the former Border Security Force (BSF) jawan, who was was dismissed in 2017 after complaining about the quality of food, was Monday declared as the candidate of the Bahujan Samaj Party (BSP), Samajwadi Party (SP) and Rashtriya Lok Dal (RLD) alliance in Uttar Pradesh. Also Read – India gets first tranche of Swiss account details under automatic exchange framework “There is something in the soil of Haryana. Last time too, someone (himself) from Haryana had challenged Modi ji in Varanasi, this time too Haryana’s jawan has locked horns with Modi ji. Best wishes to the SP-BSP alliance candidate from the entire nation,” Kejriwal tweeted. Born and brought up in Haryana, Kejriwal had contested against Modi in the 2014 general elections but lost to him by over 3 lakh votes. Varanasi goes to polls in the last phase of the ongoing elections on May 19.last_img read more

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Draymond Green Is Key For The Warriors In Game 7

Draymond Green’s playmaking PASSES TO SHOOTEREFG%QSQQSI Games 1-44945.953.9-8.0 Game 5856.353.9+2.3 Crunch time in Game 6 of the Western Conference Finals wasn’t subtle. The Oklahoma City Thunder lost the ability to run even basic basketball plays — they had six turnovers in the last five minutes, with four coming in a disastrous two-minute stretch — and Kevin Durant, who has played masterful defense all series, spent the final possessions looking like an overgrown Tim Thomas. Klay Thompson carried the Golden State Warriors with a record-setting 11-for-18 performance from three, and Stephen Curry registered enough of a pulse to get the Warriors over the final hump. But just as important to the Warriors’ Game 6 win as those runs of inept or brilliant play was Draymond Green’s return to form.The Warriors are solid favorites to win Game 7 tonight: -7 at the sports books, 70 percent to win by ESPN Stats & Info’s Basketball Power Index and 68 percent to win by our CARM-Elo forecast. Plenty of factors will go into tonight’s result, including the reemergence of Curry’s shot and handle and the sustained defense of both teams (the Warriors contested 56 of 58 field goal attempts by Durant and Russell Westbrook in Game 6 and forced each to shoot under 40 eFG%, according to player-tracking data). Curry also seemed to begin to solve Durant switching onto him in Game 6. But the Warriors need Green to play in Game 7 like the all-world playmaker of the regular season and Game 6.Green was lively on offense and forceful on defense in Game 6 in ways he wasn’t in Games 3 and 4, both won by the Thunder. He pressured the ball high and made crucial stops in the fourth quarter after the Warriors went to their “Lineup of Death” with about six and a half minutes remaining remaining. And throughout the game, he created shots for the Warriors at a rate and of a quality that was more like his regular season performance, when he was one of the best playmakers in the league.Using player-tracking data from the NBA, we can show Green’s ups and downs as a playmaker. Here’s the qSQ (shot quality expressed as the predicted effective field goal percentage of a shot, as determined by factors like defender location and where the shot came from) and qSI (how much better shooters did than the qSQ prediction) for Green’s passes to shooters in the regular season, and in the Western Conference finals so far. Game 61471.454.1+17.3 Green’s regular season numbers are outstanding — at +5.6, he ranked fourth in the NBA1Among players who passed to shooters at least 500 times. in qSI (meaning his teammates made shots he created for them more than player-tracking data expected), edging out both Russell Westbrook and Chris Paul (each at 5.2). High qSI numbers stem from having good teammates, but just as much, they come from providing value on shots that still escapes the scope of player-tracking data. Mike Conley, for instance, was No. 1 in the league (+6.7) before he went out to injury, and his Memphis Grizzlies are stocked with guys who couldn’t hit the ocean from an aircraft carrier.You can see in the numbers that Green’s passes weren’t very effective early in the series, but you could see this in the games just as easily, particularly in Games 3 and 4. Partly this was due to Durant playing suffocating defense, but Green wasn’t driving, rolling to the rim or putting pressure on the defense in any of the ways that he typically does. The shot difficulty numbers are broadly the same, but this is a place where the numbers don’t tell the whole story, with many of Green’s passes coming a little mistimed or just slightly out of rhythm. The result was a bunch of possessions that looked like this: Green came to life somewhat in Game 5, but in Game 6 he was outstanding. It’s tempting to look at that massive qSI number and assume that Thompson simply shot the Holy Ghost out of the ball, inflating Green’s numbers. That’s a little true — eight of the 14 shots Green created went to Thompson, who hit four, including three of his threes — but Green also created many of those with pressure and timing. In other words, this wasn’t simply the difference between shooters making and missing shots, but a fundamental change in the quality of the shots, even if player-tracking data doesn’t quite catch it.Consider the fast break in the video below, where Green drives into Durant’s chest before passing off to Andre Iguodala. On a similar play in Game 4 (in the above video), he passed off before putting his body on Durant, allowing KD to recover and break up the play. Source: NBA player tracking data Regular season1,06162.056.4+5.6 If Golden State gets more plays like these out of Green in Game 7, the Warriors will be that much closer to regaining their peak form, and likely on their way back to the NBA Finals. read more

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How it came to be The forced resignation of Jim Tressel

For nearly three months, Jim Tressel’s punishment progressively grew more severe, despite a lack of NCAA instruction or new hard evidence further faulting the coach. What started as a slap on the wrist – a two-game suspension and $250,000 fine – ultimately became an indirect pink slip – his forced resignation. Ohio State planned to keep Tressel until the backing for such a measure eroded and external pressure heightened, said athletic director Gene Smith, who voiced his support for Tressel for most of the 12 weeks the coach was under siege. “Our intent was to retain him as our head coach,” Smith told The Lantern on Tuesday. “When you look at his body of work and what he accomplished, you look at this one action and try to take that in total perspective. I felt that (retaining him) was the best thing for the kids who he had recruited to his program and who were here.” The two-game ban didn’t last long. Nine days after a March 8 press conference in which Tressel admitted to his role in covering up OSU’s offseason scandal, Tressel asked for his suspension to be upped to five games. “I request of the university that my sanctions now include five games so that the players and I can handle this adversity together,” Tressel said in a statement on March 17. The coach and his players never got the opportunity to deal with the adversity together. On May 30, Tressel resigned, though not until OSU released its response to the NCAA’s Notice of Allegations last Friday did the university publicize that it “sought and accepted” Tressel’s resignation. “The University eventually determined that it was in the best interest of the University and Tressel for Tressel to resign, and he agreed to do so,” OSU’s response to the NCAA reads. Outside pressure forced the university’s hand, Smith said. “As we went on and had conversations about expanding it to five games and then ultimately asking him for his resignation, the support had deteriorated for Jim,” Smith said. “The brand of the institution was now at stake in a greater form. We were constantly under attack, and so when I sat down with him that Sunday night and had that conversation, there was no hesitation on his part when I asked him for his resignation. “It was a process, and we moved to a point where we just felt that the brand of the institution was at stake and we just needed to separate our employment relationship and try to restore the brand of the institution.” Through email conversations with former OSU walk-on Christopher Cicero, now an attorney, Tressel knew of Terrelle Pryor and DeVier Posey’s involvement in selling memorabilia to Eddie Rife, owner of Fine Line Ink tattoo parlor. Cicero warned Tressel that Rife dealt drugs. Heeding that warning, Tressel kept quiet. Rife pleaded guilty on June 28 to charges of selling marijuana and laundering drug money. When university officials discovered the email chain between Tressel and Cicero, OSU suspended Tressel for two games for his failure to pass along his knowledge to the appropriate university figureheads. Tressel reached out via email to Ted Sarniak, Pryor’s mentor from his hometown of Jeanette, Pa., but never contacted Smith, President E. Gordon Gee or anyone in the OSU compliance department. In Tressel’s response to the NCAA Notice of Allegations, his attorney, Gene Marsh, wrote, “He prioritized those concerns as his focus on the safety of the student-athletes, the gravity of the federal criminal investigation, and the request for confidentiality made by the individual who provided the information. At the time, those concerns trumped any thought he had relating to possible NCAA rules violations.” Smith said when he learned of Tressel’s wrongdoing, he was understanding given the coach’s precarious situation. “I kind of understood it for a while as I first looked at it,” Smith said. “I said, ‘OK, I see that.’ But obviously, the infractions are sitting right in front of you, so I couldn’t get by that. You have a responsibility as an NCAA member to ensure compliance. To make that decision on your own without at least bringing it to me or university general counsel, I have a hard time with it.” Tressel spent a decade as a luminary figure in Columbus, supported by OSU fans appreciative of the program’s winning tradition and of his influence in the community. That’s what made his actions so difficult to swallow, Smith said. “I was totally shocked and surprised and really disappointed when I first heard of his decision and saw the emails,” Smith said. “Every single level of emotion went through me. I was dumbfounded as to why he would make a decision on his own and not share that information and ask for help.” Smith touched on a number of topics during his interview Tuesday with The Lantern. On his confidence in the athletics compliance department: “I never wavered on them. There are things that we can do better and we have been creative, you saw some of those things in our response that we’re going to implement and they’re focused on particular issues, not broad-based compliance.” On whether the NCAA needs to adapt some of its rules to coincide with today’s world: “A lot of the rules in our books need to be modified to where we are today. There’s a number of rules in our books that were put in place in the ‘80s, some even in the ‘70s. They’re not applicable to today’s culture and today’s reality.” On how he went about selecting media members to attend a private press conference last week to discuss OSU’s response to the NCAA’s Notice of Allegations: “We just focused on people that I’d worked with for a long time and wanted to have a discussion and that’s what we did. In the moment at the time, I did what I felt what I needed to do relative to the message.” OSU will start its season Sept. 3 against Akron under Tressel’s replacement, Luke Fickell. read more

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From Boston to Buckeye Nation Bill Belichicks daughter coaching at OSU

Add New England Patriots’ coach Bill Belichick’s name to the ever-growing list of people who consider themselves Ohio State fans. Or, at least, that’s the way his daughter sees it. Assistant women’s lacrosse coach Amanda Belichick, 27, said her father has become an OSU fan since she started coaching at OSU. She said it helps that her father also has close ties to OSU football coach Urban Meyer and former Patriots linebacker Mike Vrabel, now the defensive line coach at OSU. Many of her father’s former assistants have moved toward the college ranks. “I think with Bill O’Brien going to Penn State, he’s (her father) spreading his wings in the college world,” she said. “It’s great to see that Patriots connection out here.” While her father is known for being rather short with the media, Amanda Belichick, a graduate of Wesleyan University, spoke candidly about growing up as the daughter of an NFL coach. “People give him a hard time for not divulging too much information, but that’s, you know, not his job,” Amanda Belichick said. Growing up as the daughter as one of the most successful coaches in NFL history, one might assume that coaching would be a natural progression for Amanda Belichick. “I have a lot of memories of watching him breakdown film and drawing out plays and analyzing a game plan,” she said. But she said she hadn’t even considered coaching until after graduating from Wesleyan University in 2007 when she took a job coaching high school lacrosse, soccer and ice hockey at a boarding school in Connecticut. “I worked in the admissions office and it was kind of my full-time job,” she said. “What I loved about that job, and coaching was such a small part of it, was the coaching.” She stuck with lacrosse because it was something that she had been around her entire life. “We’ve always been a lacrosse family,” she said. “It’s been my passion, it’s one of his (her father) passions.” Amanda Belichick followed coach Alexis Venechanos to OSU from the University of Massachusetts where the pair helped lead the Minutewomen to an Atlantic-10 championship in 2010. Now that she is in coaching, having an NFL head coach for a father does have its advantages, she said. “I’ve really had an opportunity to work with him and talk about preparation and really evolve the way I prepare for my own, whether its practice or evaluating ourselves or evaluating our opponents,” she said. “Those are things that I’ve really been able to take from him.” But Amanda Belichick said her and her father’s relationship goes beyond coaching. “There are a lot of things that are personal that have nothing to do with sports that we can connect on,” she said. These topics include things like movies, books and a passion for history, she said. Amanda Belichick joked that during the weeks leading up to the Super Bowl, she can only reach her father in the very early morning or very late at night. She said during a week like this she understands he’s busy and never tries to hold him up. When the ball is kicked off Sunday from Lucas Oil Stadium in Indianapolis, Ind., Amanda Belichick said she will be watching with the same nervous excitement that she watches all her father’s big games with. “You want the best for your father and you want to see him be successful,” she said. “I know how hard he works. To see him go out and win games is great.” The Patriots organization and the OSU women’s lacrosse team did not immediately respond to The Lantern’s request for comment. The Patriots and New York Giants will play in Super Bowl XLVI at 6:30 p.m., Sunday. Tight end Jake Ballard and center Jim Cordle are both former Buckeyes and are on the Giants’ active roster. read more

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DAngelo Russell and JaeSean Tate earn Big Ten postseason honors

The Ohio State men’s basketball team already dropped its final game of the regular season, but it raked in multiple individual awards Monday.Freshman guard D’Angelo Russell was named Big Ten Freshman of the Year as well as being named to the first-team All-Big Ten list by both coaches and media. Russell is the first Buckeye to win the conference Freshman of the Year award since Jared Sullinger in 2011.Russell also becomes the first Buckeye to be named first-team all-conference since DeShaun Thomas and Aaron Craft were both on the list in 2013.Russell finished his regular season campaign averaging 19.2 points per game, good for second in the Big Ten. He also led the Buckeyes in rebounds and was second on the team in assists.Joining Russell on the All-Big Ten freshman team is forward Jae’Sean Tate, who averaged 8.9 points per game this season, while ranking second on the team in total rebounds with 152.Tate earned the honors despite only starting 12 games this season after he stepped in for struggling sophomore forward Marc Loving six games into the Big Ten schedule. The Pickerington, Ohio, native averaged 10.7 points and five rebounds per game in conference play.In addition to Russell and Tate’s accolades, senior guard Shannon Scott and senior forward Sam Thompson were both honorable mention selections by the media.OSU is set to return to action on Thursday in Chicago in the second round of the Big Ten Tournament. The Buckeyes are scheduled to play the winner of the Minnesota vs. Rutgers matchup, which is set to be played Wednesday. read more

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Police investigate Aggravated BurglaryGarden loop

first_imgFacebook Twitter Google+LinkedInPinterestWhatsAppTurks and Caicos, July 27, 2017 – Providenciales – Detectives of the Royal Turks and Caicos Islands Police Force are investigating an Aggravated Burglary that occurred around 12:30am this morning (Thursday 27th July 2017) in the area of Garden Loop, Grace Bay Providenciales.Upon arrival, the victims told officers that four (4) males entered their home with guns and demanded money. They also stated that the men had their face covered, one wearing a black short pants and the other had on a grey sweater material shirt with a light blue green cloth covering his face. The culprits took a watch and two (2) cell phone and fled the scene.An investigation is ongoing into this report.Anyone who may have information about these four (4) men are asked to contact the police at 338-5901 or to remain anonymous call Crimestoppers at 1-800-8477.Press Release: RTCIPF Related Items: Facebook Twitter Google+LinkedInPinterestWhatsApplast_img read more

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Huawei expects to take 30B hit from US ban

first_img Phones Security Now playing: Watch this: Huawei against the world (The 3:59, Ep. 564) Huawei Tags 18 Photos Share your voicecenter_img 4:49 Huawei’s P30 looks like fantastic forbidden fruit Huawei could take a big hit from its troubles with the US. Omar Marques/SOPA Images/LightRocket via Getty Images Huawei CEO Ren Zhengfei said Monday that the Chinese phone maker’s troubles with the US could take a huge toll on the company in the coming months. Speaking from the company’s headquarters in Shenzhen, Zhengfei said he expects up to $30 billion could be wiped off Huawei’s revenue expectations for 2019. Zhengfei’s statement is a marked departure from previous statements made by company executives, which suggested that Huawei could remain self-sufficient in spite of being blacklisted by the US.Action taken against the company by the US, including a ban on selling Huawei phones, is having a ripple effect around the world, as other countries begin to question the integrity of Huawei’s telecommunications equipment. Huawei has consistently defended itself against criticisms that its phones and other products are a security risk and insisted it doesn’t have strong, far-reaching links with the Chinese government.Initially the company was expecting to post revenues of $125 billion to $130 billion this year (up from $104 billion in 2018), but has now reduced its estimates for this year to just $100 billion. “We did not expect they would attack us on so many aspects,” said Zhengfei, adding that he expects things to improve by 2021. Comments 2last_img read more

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Meghan Markle and Prince Harry banished from royal family to live in

first_imgMeghan Markle and Prince HarryGetty ImagesHas Queen Elizabeth disowned and booted Prince Harry and Meghan Markle from the royal family as she cannot take any more defiance from the couple?This was the cover story on this week’s National Enquirer. The magazine has also claimed that the Duke and Duchess of Sussex have been banished to Malta.The supermarket tabloid has claimed that due to their behaviour, disregard for protocol and the ongoing tension with Prince William and Kate Middleton, the Queen decided to keep them away from the Buckingham Palace. The outlet has maintained that they were the only magazine to know about the Majesty’s decision.Apparently, both Meghan and Harry “got the shock of their lives” when they learned about the Queen’s decision. A palace insider has revealed to the tabloid paper that both Prince William and Kate Middleton agree with the Queen’s decision of throwing them out.Sources have revealed to the paper that after hearing the news, Meghan was so angry that “she threw her ring at Harry.” The media outlet further correlates the above quote by pointing it out how Meghan’s diamond engagement ring was not on her finger during her recent visit to London’s Canada House. Citing this, the source concluded that the couple are “headed for the rocks.”The article goes on to state how Prince William and Prince Harry have vowed to never speak again and even Prince Charles, it claimed, scolded his youngest son and booted him saying, “You’re not a part of the family anymore.”However, Gossip Cop has ridiculed the above story and put forward several instances which go on to prove that nothing of that sort has ever happened in the royal family. Recently, at the Commonwealth Day service inside Westminster Abbey, both Harry and William were seen chatting with each other, it said. Even Kate Middleton greeted the Duchess of Sussex with a kiss on the cheek, added the report, debunking the gossip.What will happen in the coming few weeks is that Prince Harry and Meghan Markle will be moving out of Kensington Palace to stay at Frogmore residence. There is no more to it, assert reports.last_img read more

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Lets be ahead of the game say women technologists at GHCI 17

first_imgPR HandoutThe Grace Hopper Celebration India 2017 — the largest conference for women technologists in India — got off to a splendid start with over 3,750 women technologists from 406 global organisations wanting to be the champions of change.Technology, as we all are aware, is changing the economic and social landscape and women are going to be at the fore of the changing landscape.Setting the tone of the two-day mega conference, the Managing Director of ANZ , Pankajam Sridevi in her key note address narrated her experiences of the challenges of bringing about change.She exhorted women technologists to ‘never give up learning’, particularly when technological changes are rapid. Technologies are becoming irrelevant in a short span of time, thus calling for constant learning. “Let’s be ahead of the game,” she said and mentioned that there would be challenges to overcome.Calling upon women technologists to explore and build ecos­ystems for support around oneself, she said it was imperative to be assertive and not aggressive.”You need to be champions of change.” She mentioned how at one of the World Economic Forum’s it was stated that it would take 181 years to bring about gender parity and that this narrative had to change.”Let’s be the change.” The narrative has to change and stereotypes have to be broken and women should dare to explore. However, one should look at work-life integration, more than work-life balance. Another crucial aspect that women had to develop was financial acumen as not to be dependent.The new President and CEO of AnitaB.org, Brenda Darden Wilkerson, saidwith the baton changing hands she continues to carry the message “I am important for change”.One of the things I want to do is to extend our opportunity to so many more women. The mission of AnitaB.org is to support woman globally and India is an important country in this transformation. Half of India’s undergraduate population comprises women and their needs need to be addressed. PR Handout”I want to start out by listening to different groups of women and to hear what their challenges are and what their desires are,” added Brenda. “I don’t want to assume we know every little thing about every woman. I think that’s one of the things that we suffer from, is that we’re viewed as a monolith.”The Managing Director of AnitaB.org India, Geetha Kannan mentioned how the GHCI event was growing in popularity with the number of attendess increasing to over 3750 from 2909 in 2016 (Alomost 30% more). Also the number of organisations participating have touched 406 from 305 in 2016 (Alomost 32 % more).Geetha further said, “The world today is mianly technology-driven, especially with the advent of the Internet of Things (IoT), Artificial Intelligence, Big Data. If technology has to appeal to a much larger audience, you have to have women in your team because then you’re doing better from a business perspective while also catering to your market.””If India’s population consists of about 49 percent women, a similar ratio should reflect in its corporate culture. If the workforce is not diverse, the relevance of a product is lost on half the population”, added Geetha.last_img read more

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BRAC University suspends classes for 2 days following demo

first_imgStudents of BRAC University are protesting. Photo: Ahmed DiptoThe BRAC University authorities declared suspended the classes for Wednesday and Thursday to see an end to ongoing students’ demonstration on the campus.The students have raised protest against the university management following termination and ‘assaulting’ of a law teacher by officials.However, the examinations underway will be held as usual, the authorities said in a press release.The university management has constituted the five-member inquiry committee after consultation with the students and alumni to resolve the current crisis arising out of the 30 July incident.The agitating students demanded formation of such a probe body and punishment of the officials responsible for assaulting the teacher.The members of the probe committee are professor AFM Yusuf Haider, chairperson at the department of Mathematics and Natural Sciences and former pro-vice chancellor of Dhaka University, professor Syed Manzoorul Islam, former chairman of English department at Dhaka University; Afsan Chowdhury, professor at BRAC University, Tajdin Hassan, president of BRAC University Alumni Association, and also a representative of the students.The committee has been asked to submit its report within five working days.The university authorities, in the press release, said they are fully committed to resolving the matter to restore normal academic environment by ensuring complete and fair investigation into the incident.The probe committee will investigate if due process was followed while terminating Farhaan Uddin Ahmed’s contract as a law teacher.Farhan Uddin, recruited on contractual terms, was reportedly called to the human resources department on Sunday and handed documents of immediate termination of his service.When Farhan refused to take the termination papers, several officials of the registrar’s department took away his identity card and attacked him physically, according to allegations.Since Sunday, students of several departments, including the law department, have been boycotting classes and exams, and protesting against the university management.last_img read more

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Houston Metro Riders Hop Aboard The Super Bowl Train

first_imgMeanwhile, the Houston SuperBowl LI sculpture was also unveiled today in the Uptown area:  Another look at the @SuperBowl LI Roman numerals unveiled at the Galleria Waterwall this morning! #SB51 pic.twitter.com/4RyY6CcJca— Houston Super Bowl (@HouSuperBowl) December 16, 2016 – / 8Metro expects to transport thousands of fans during Super Bowl week in Houston. The agency will have free downtown shuttles for events at Discovery Green and the George R. Brown Convention Center. On game day, Metro’s Red Line will carry visitors from downtown to NRG Stadium. There will also be shuttle buses from the Galleria area. Metro has also rolled out eight specially-wrapped trains that promote Super Bowl Live at Discovery Green January 28-February 5. The trains were unveiled against the Houston skyline at Metro’s Burnett Transit Center. Metro’s budget for the current fiscal year includes $1.4 million for Super Bowl-related expenses.center_img Sharelast_img read more

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4 Cybersecurity Best Practices for Your Organization

first_imgMay 10, 2016 4 min read A data breach can happen to any organization, and it’s a growing concern among companies both large and small. According to this cyberattack infographic, an IBM study revealed that the average consolidated cost of a data breach is approximately $3.8 million, a 23 percent increase from 2013. According to that same graphic, the Identity Theft Resource Center found that approximately 22 percent of breaches are due to insider theft, and 12 percent are simply a matter of accidental exposure.You can keep your company and your employees safe from these dangerous data breaches by ensuring that employees are aware of a few tried-and-true data security best practices. Here are some of the most important ones:  Related: 8 mostly free best practices for Tightening Internal Data Security1. Practice good access control.Without good access control protocols, company information remains at risk. Each organization should have a firm policy on password strength and password update policies. Convey the importance of keeping those passwords private, and make sure your employees adhere to minimum password requirements.Employees should also lock their computers when they are away from their desks. If you have employees accessing your network remotely, make sure that you know exactly when they are doing so, and why.2. Avoid scams.A good email filter may be the first defense against phishing scams, but it should not be the last. Educate employees on what phishy emails look like, and make sure they know which ones to avoid opening. Remind employees to never open attachments from unknown senders and to never provide sensitive business data to unfamiliar individuals outside the company. Spell out what information is and is not acceptable to divulge over the phone, in an email, or in-person to those of unfamiliar status within the organization and outside the company.Related: Protecting Your Business From the Phishing Scam3. Implement hardware and software restrictions.It’s important to place limitations on the types of installations and downloads that employees are allowed to perform on company computers. Employees should not be allowed to install or download any software on company technology that is not previously reviewed and authorized. Explain to your employees the importance of avoiding freeware and shareware and how this type of software can become a threat. What may appear to be an innocuous download for work purposes can easily introduce a virus to your network and expose sensitive business data.Related: How to Create Security Awareness at Your Company4. Manage mobile devices.Mobile devices pose additional risks, as data can be easily exposed outside of the office. Off-site devices can be subject to mobile malware, eavesdropping, unauthorized access, theft and loss. Set expectations with employees as to their mobile conduct when accessing company data while on the road. If you allow employees to connect personal mobile devices to company Wi-Fi connections, make sure those connections are separate from the general organization network.Almost half of American companies experienced some sort of data breach of in 2013. It doesn’t take an expert hacker to view, take possession of, or exploit personal, intellectual or financial data. In fact, according to a Forrester Research report, most mobile data breaches are caused by employee negligence.Security training can be a challenge without explaining the importance of security measures and adequately communicating how these measures effect the company and the employee. By implementing a few best practices and making sure that data security is of principal concern to everyone within your organization, you can keep your employees educated and your sensitive company data safe from prying eyes. Opinions expressed by Entrepreneur contributors are their own. Register Now » Free Webinar | Sept 5: Tips and Tools for Making Progress Toward Important Goals Attend this free webinar and learn how you can maximize efficiency while getting the most critical things done right.last_img read more

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Eightweek road closure as council discovers another dangerous building in StokeonTrent

first_imgPunter found hiding in bushes Get the biggest Daily stories by emailSubscribeSee our privacy noticeThank you for subscribingSee our privacy noticeCould not subscribe, try again laterInvalid EmailMotorists face eight weeks of disruption as work gets underway on bulldozing a dangerous building. The derelict building in Howard Place, Shelton, has been an eyesore for months after the frontage was removed. Now Stoke-on-Trent City Council has confirmed it is structurally unsafe and needs pulling down urgently. Traders have welcomed the action, although some fear the road diversions could affect their custom. It is not clear who owns the site, which overlooks a busy mini-roundabout that connects Snow Hill with Stoke Road. Read MoreTop stories on StokeonTrentLive The dangerous building at the Snow Hill roundabout A cordon has now been put up around the site and road diversions are in place. The left-hand lane of the Snow Hill roundabout, from the direction of Stoke Road, has been shut to traffic. The one-way street at the top of Shelton New Road and the junction with Shearer Street has also been closed. Drivers using this route to head towards Newcastle are being diverted along Shearer Street, which has been made two-way. The road closures comes just five days after the council shut Newcastle Street, in Middleport, for five weeks as a row of ‘unsafe’ shops is demolished. Mohammed Edres owns Mo’s Barbers, in Stoke Road, which is just yards from the dangerous building. The 39-year-old said: “It’s not affecting me at the moment. But sometimes people are scared to walk down there. “I don’t know what they’ve been doing. I’ve heard the site is going to be used for housing.” The wider brownfield land around Pyenest Street has been earmarked for dozens of new homes. Driver named following fatal collision   “To carry out the assessment and demolition work, restrictions are in place on a small number of roads. “We urge motorists, particularly those using the route to commute to and from work, to be prepared for possible delays at this time. It is anticipated that the road restrictions may remain in place for eight weeks.” End text: Follow StokeonTrentLive Download our app – You can download our free app for iPhone and iPad from Apple’s App Store, or get the Android version from Google Play.  Follow StokeonTrentLive on Facebook –  Like our Facebook page to get the latest news in your feed and join in the lively discussions in the comments. Click here to give it a like! Follow us on Twitter –  For breaking news and the latest stories,  click here to follow SOTLive on Twitter. Follow us on Instagram – Featuring pictures past and present from across Stoke-on-Trent, North Staffordshire & South Cheshire – and if you tag us in your posts, we could repost your picture on our page! We also put the latest news in our Instagram Stories.  Click here to follow StokeonTrentLive on Instagram. Police search for missing woman A diversion is in place A city council spokesman said: “We have been made aware of a building on Howard Place, Shelton, which is in a dangerous condition. “Because of the severity of its condition, we have put a full road closure and diversion in place until further notice. Temporary fencing is also being installed. “We are currently working with specialists to establish how the building can be safely demolished, while causing the minimum disruption. This will identify what actions are needed and how long they will take. Read More Dad slams ‘disgusting’ hospital window Waqar Shabbir, a dispenser at nearby Norfolk Street Pharmacy, walks past the building every day and has been concerned for the public’s safety. The 20-year-old, from Etruria, said: “I’ve felt scared, especially in the winter when it’s been raining. It could have just fallen down. “A driver could have ended up hitting a pedestrian. It’s been quite dangerous, especially with the pavement there. It’s a relief that they are going to demolish it.” last_img read more

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Apple reinstates Facebook and Google Developer Certificates restores the ability to run

first_imgTwo days ago Apple revoked Facebook’s Developer Certificate that barred Facebook employees from using the early versions of Facebook apps such as Instagram and Messenger, and other day-to-day activities on their iPhones. However, yesterday Apple announced that it has restored Facebook’s enterprise certificates. A Facebook spokesperson told The Verge, “We have had our Enterprise Certification, which enables our internal employee applications, restored. We are in the process of getting our internal apps up and running. To be clear, this didn’t have an impact on our consumer-facing services.” Apple also blocked Google’s developer certificates after it got to know of a similar data-collection drill via Google’s Screenwise Meter app. Early versions of Google Maps, Hangouts, Gmail, and other pre-release beta apps stopped functioning. Also, employee-only apps such as the Gbus app for transportation and Google’s internal cafe app stopped working.. However, the Google services and apps were restored later yesterday. Google also announced that it had disabled the app a day before their certificates were blocked. Prior to revoking Facebook’s Developer Certificates, Apple had warned in a statement, “any developer using their enterprise certificates to distribute apps to consumers will have their certificates revoked.” Alex Fajkowski, an iOS developer, discovered that other companies including Amazon, DoorDash, and Sonos all distribute beta versions of their apps to non-employees. Following this, “Apple may be forced to take action against these apps, or to even revamp its entire enterprise program in the future”, The Verge reports. Read more about this news on The Verge. Read Next Firefox now comes with a Facebook Container extension to prevent Facebook from tracking user’s web activity Facebook researchers show random methods without any training can outperform modern sentence embeddings models for sentence classification Stanford experiment results on how deactivating Facebook affects social welfare measureslast_img read more

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Caribbean to welcome 34m Canadians by years end despite turbulent hurricane season

first_imgANGUILLA:The number of affected visitors in Anguilla was minimal, as a majority of hotels and restaurants on the island close from the end of August through mid-October for renovation and refurbishing. Both Hurricane Jose and Hurricane Maria bypassed the island.Phone and Internet communications have been restored to most parts of the island; roads and beaches have been cleared and electricity has been restored to many villages through Crocus Hill and The Valley.The Four Seasons, Malliouhana, and Zemi Beach House aim to reopen in the first quarter of 2018. The CuisinArt Golf Resort and Spa, and the Reef by CuisinArt anticipate a soft opening in summer 2018.The Belmond Cap Juluca has closed in August for a long-term, multi-million-dollar renovation, reopening in November 2018. Tags: Anguilla, Bahamas, Barbados, Caribbean, Cuba, Grenada, Jamaica, St. Lucia, Turks & Caicos Caribbean to welcome 3.4m Canadians by year’s end despite turbulent hurricane season Tuesday, November 14, 2017 BARBADOS:Barbados was not impacted by either hurricane.Next year, the island will be celebrating its culinary diversity through a year-long calendar of events. January-April has been designated as ‘Sugar & Rum Season’, with activities taking place that include rum distillery tours, cooking classes, chocolate making classes, walking and bus tours, lectures, slave route tours and sugar and rum spa treatments. << Previous PostNext Post >> TORONTO — Not even Category 5 hurricanes can keep Canadians away from the Caribbean, as recent figures from the Caribbean Tourism Organization (CTO) have proven.At a press conference in Toronto yesterday to highlight Caribbean Week in Canada, Hugh Riley, CTO’s Secretary General, praised Canada for being a “strong performer” in the first half of 2017, with arrivals up 6.4% when compared to the same period in 2016. This was a significant rebound from what Riley referred to as an “uncharacteristically feeble performance” in 2015, when tourist arrivals from Canada fell by 3.4%.Thankfully, he said, this downturn has made a quick turnaround, with this year’s strong performance contributing to an overall 5.2% growth in international tourist arrivals to the Caribbean in the first half of 2017.Dominic Fedee, Minister of Tourism for Saint Lucia (left), and Hugh Riley, Secretary General, Caribbean Tourism Organization (CTO)“This was ahead of the growth rate of 2.5%-3.5%, which had been our CTO forecast, and it’s been a reflection of economic stability in the market, expansion and inauguration of flights by major carriers, and new marketing and product development initiatives,” he said.The Canadian market is expected to continue to register growth this year despite Hurricanes Irma and Maria, which impacted approximately 25% of CTO’s member countries. By the end of 2017, the organization anticipates that the number of Canadians visiting the Caribbean will surpass the 3.4 million mark.However, considering the strength of Irma and Maria, it’s understandable that travel to the region has been severely affected. As a result of blanket media coverage and travellers not realizing just how big and vast the Caribbean spans (Dominica to Grenada is the same distance as Toronto to Detroit, while Turks & Caicos to Curacao is more than twice the distance as Toronto to Montreal), there has been a slowdown in travel since the storms.Consequently, the CTO – which projected robust growth prior to the hurricanes – has lowered its forecast for 2017 to between 1%-2%, with a similar growth rate projected for next year. The revised forecast is based on a number of factors, said Riley, including figures provided by CTO’s partner OAG, which reported that in the month of October, the number of flights to the region fell by 6.7%, while seat capacity contracted by 4.1%.But Riley remains optimistic, saying that overall the year’s capacity to the region grew by 5% for the first nine months of 2017 when compared to the same period last year. In addition, the Conference Board of Canada, which expects the overall impact of the hurricanes to likely be “minimal, predicts that Caribbean airlift from Canada will be stable, with capacity up by double digits to about a dozen Caribbean countries through to July 2018.The main takeaway message, stressed Riley, is that the Caribbean is open for business, and that some 75% of the region was “completely unscathed” by the hurricanes.“Already virtually all the affected countries are reporting that they’re open again for business, although not at full capacity, with every one of them planning some sort of event either later this year or early next year,” he said. “We’re in the midst of gathering funds for an aggressive campaign across all media to get the message out that the best way to help the Caribbean is to visit the Caribbean.”The first country to put money on the line to get the campaign up and running was Saint Lucia, which did not suffer any damage from the hurricanes. According to Dominic Fedee Minister of Tourism for Saint Lucia, who also spoke at the press conference, the island did not hesitate to come to the aid of affected sister islands, acting as a base for international humanitarian assistance in the aftermath of the storms.“I’m so proud of the people of the Caribbean and the way they’ve been recovering. We’ve recognized one thing: the need for us to stay and work together, and to keep forging ahead in unity and strength,” he said. “That has been the spirit in which we’ve responded to this storm. We recognize that the Caribbean is strongest when all of our individual parts are operating at an optimal.”More news:  Consolidation in the cruise industry as PONANT set to acquire Paul Gauguin CruisesFedee went on to report that the Canadian market has paced ahead of the regional average, due in large part to the investment of Blue Diamond, the result of a partnership between European tour operator TUI and Sunwing.“We are up 10% from Canada, which is performing very steadily for us. It’s our third largest market, and we continue to see tremendous dividends from the Canadian market,” he said.With the Caribbean as a whole ending the year on a relative high note, Riley is already looking ahead to 2018, which he announced has been designated “The Year of Rejuvenation” in the region. Following the success of the Year of Romance in 2016, and this year’s Year of Adventure, next year’s theme will focus on the Caribbean’s wellness offerings, which range from beachfront workouts and yoga retreats to wellness resorts and spa treatments.“The notion of being rejuvenated in our part of the world is one more reason to let us pamper you in 2018,” said Riley. “Together, let us invite everyone to help themselves to some Caribbean rejuvenation.”Riley called on travel agents to help spread the word that the Caribbean is up and running, and that it has much more to offer than just beaches and all-inclusives. He credits agents for being strong supporters of the region’s recovery efforts, not only through bookings but also bu actively participating in the conversation.He told Travelweek: “Agents in this country have been steadfast in their support of the Caribbean. They’ve gone to our countries, they’ve been in touch with the CTO, so our continuing message to them is to keep challenging us because agents have an inside track. Their ability to provide information that their clients can’t easily get is the key to their success.”Tourist boards and travel partners participated in a media marketplace immediately following the press conference. Here’s a roundup of what we learned:SAINT LUCIA:The Saint Lucia Tourist Board has just launched a program called ‘Village Tourism’, which seeks to transform villages previously dependent on agriculture and fishing into tourism destinations. As part of this new program, Saint Lucia’s downtown market will be completely transformed.The island’s total room stock will increase by 50%, seeing 2,000 additional hotel rooms in the next four years. The most notable hotel openings include a 250-room Fairmont hotel in the south of the island, a Ritz-Carlton (which has just broken ground), Sandals LaSource St. Lucia (the brand’s fourth property on the island), and two new properties by AMResorts, which mark the company’s entry into Saint Lucia.To accommodate growth, plans have been announced for a completely refurbished airport terminal, a project that will cost US$200 million.TURKS & CAICOS:Due to the fact that Turks & Caicos is a relatively new tourist product, with everything on the island being less than 20 years old (structures have been built to Miami-Dade code standards), the island was able to withstand much of the storm with minimal damage.Turks & Caicos is more than 90% open, with Beaches (its largest product with 758 rooms) committing to a Dec. 14 reopening date.Water and power have been restored on all islands, and both JAGS MacCartney International Airport in Grand Turk and Providenciales International Airport back to full operation.Most hotels and resorts are already welcoming guests, including Seven Stars, The Palms, Gansevoort Turks + Caicos, Grace Bay Club, The Shore Club, Blue Haven Resort, and Somerset.Opening dates for additional hotels are as follows: Alexandra (Nov. 15); Point Grace (Nov. 16); Ocean Club (Nov. 20); Ports of Call (Nov. 25); Amanyara, Bohio Dive Resort, COMO Parrot Cay, East Bay Resort (Dec. 15); Sailrock (Dec. 16); and Club Med (Jan. 31, 2018).More news:  Onex paying big to get WestJet and that will send airfares soaring, says CWTJAMAICA:The island of Jamaica was also untouched by the storms, with business operating as normal.Last year, approximately 3,000 new and refurbished hotel rooms were added to the island’s accommodation stock, with an additional 1,100 new rooms being added this year. Between 2018 and 2021, the island will have added more than 12,000 new rooms.The 150-room Breathless Resort & Spa officially opened in February as an ultra-modern, adults-only resort featuring luxury accommodations, spa and DJs.Royal Decameron has completed its third property in Jamaica, the 146-room Royal Decameron Cornwall Beach in Montego Bay, which also opened in February.The property formerly known as Grand Lido Negril has three resorts operating under the Royalton umbrella: Grand Lido, Royalton Negril Resort & Spa, and Hideaway at Royalton Negril, all of which opened in March 2017.BAHAMAS:The Islands of The Bahamas came through the hurricane season without impact to its primary tourism product, which includes airports, cruise ports, hotels and attractions.This past April, Baha Mar opened its doors on Cable Beach with the debut of Grand Hyatt Baha Mar, with the addition of two more hotels still to come (SLS Baha Mar this fall, and Rosewood Baha Mar in spring 2018.Meliá Nassau Beach Resort All-Inclusive debuted a three-year, $19.1 million renovation this past spring, featuring contemporary guestrooms and suites, three resort pools and lush gardens.The One&Only Ocean Club reopened its doors in February 2017 after undergoing major renovations to The Hartford Wing. Updates also include a redesigned Hartford Courtyard and the new Martini Bar, complete with a specialty olive menu.center_img CUBA:After suffering extensive damage as a result of Hurricane Irma, Cuba’s Cayos (Cayo Santa Maria and Cayo Coco) officially reopened to tourists last week.Cuba’s airports are now fully open, and Havana, which experienced flooding in some parts, is back to normal. All other tourist destinations are fully operational. Travelweek Group Posted by Share GRENADA:Grenada suffered no damage as a result of the storms.As a result of itinerary changes for many Caribbean cruises, there will be 18 extra cruise calls to Grenada, with the additional brands being Costa Cruises, P&O, Seabourn, Windstar and MSC.Calabash Luxury Boutique Hotel recently announced that it has been invited to join the prestigious group Relaix & Châteaux. The hotel reopened on Oc. 4 after eight weeks of renovation.The AAA Five Diamond Spice Island Beach Resort has reopened following a short renovation in September. Updates include an open-air yoga pavilion overlooking Grand Anse Beach.SNUBA is now being rolled out throughout the Sandals/Beaches chain, with Sandals LaSource Grenada being the first property to offer it. It can be booked directly through the resort’s Aqua Center or via Island Routes for non-guests, and is priced at US$117 per person.last_img read more

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Where are the Most Stable Markets

first_img March 30, 2016 557 Views Share Where are the Most Stable Markets? Freddie Mac Housing Markets Multi-Indicator Market Index 2016-03-30 Staff Writercenter_img in Daily Dose, Data, Government, Headlines, Market Studies, News, Secondary Market Housing markets in the U.S. remain stable due to employment and current mortgage payments as 2016 moves forward, according to Freddie Mac’s latest Multi-Indicator Market Index (MiMi).On a national level, the current MiMi level stands at 82.7, on a scale where any number between 80 and 120 mean the housing market is stable. Additionally, the market showed a 0.18 percent improvement between December and January and a 7.57 percent improvement year-over-year. The nation has rebounded by 40 percent since the national all-time low of 121.7, reached in October 2010.Len Kiefer, Freddie Mac’s Deputy Chief Economist, noted, “Despite a stronger jobs market and declining unemployment, wage gains have not kept pace with house prices putting a pinch on homebuyer affordability.”Source: Freddie MacKiefer continued, “In the top 100 metro areas MiMi tracks, Los Angeles and Honolulu have elevated payment-to-income indicators and Miami, FL, is very close to elevated. An additional six metro areas have their MiMi payment-to-income indicators over 100, indicating that the payment-to-income statistic for that area is above its historic benchmark. At the state level, the District of Columbia has an elevated payment-to-income indicator while Hawaii and California have values above 100.”The leading indicators of the housing market’s stability are employment and current mortgage payments. According to Freddie Mac, the employment indicator stood at 105.7 in January, up 0.86 percent from last month and 5.67 percent year-over-year. The current mortgage payment indicator rose 0.02 percent from last month and is up 7.75 percent year-over-year to 84.4.”These payment-to-income indicators are high despite the fact that mortgage interest rates remain low. Mortgage rates fell at the start of the year, helping to bolster affordability heading into the spring season. But a lack of available inventory of for-sale homes has constrained many markets. We see that reflected in the MiMi purchase applications indicator, which remains weak nationwide.”Freddie Mac’s Top 5 Most Stable Housing Markets (on a scale of 0 to 200, with 80 to 120 being “stable”):District of Columbia (101.8)North Dakota (96)Hawaii (95.6)Montana (95.1)Utah (94.5)Click here to view the full report.last_img read more

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Private equity group Warburg Pincus has via an af

first_imgPrivate equity group Warburg Pincus has, via an affiliate, become a strategic minority investor in Polish cable operator Inea and plans to provide funding for a major fibre-to-the-home-based network expansion. Warburg Pincus said it believed the deal is the largest private equity investment in Poland so far this year.The funding will be used to support an expansion of the operator’s next-generation network, which provides bundled services to customers across the regions in which Inea is active. Specifically, Warburg Pincus will support Inea’s rollout of a FTTH-based network to bring high-speed broadband access to over 200,000 additional households and a significant number of businesses in its home territory of the Wielkopolska region in western-central Poland.Part of the investment will be devoted to funding Wielkopolska Sieć Szerokopasmowa, a partnership with the local government which will construct over 4,000 km of  fibre optic backbone and distribution network, putting 95% of Wielkopolskie households within a 4km radius of the closest distribution node.According to Warburg Pincus the network, once completed, will be the most advanced in Poland, providing high-speed broadband access to over 500,000 homes across the region.Warburg Pincus has committed to additional funding to support growth and consolidation. Terms of the funding were not disclosed.“Warburg Pincus is a very experienced and successful investor who fully supports the project to construct the nextgeneration Access network in the Wielkopolska Region,” said Janusz Kosinski, president of the management board and co-founder of Inea. “Since we engaged in the project to construct a NGA network we have been looking for a partner who would allow us to complete this project on as large a scale as possible. The involvement of Warburg Pincus will help ensure the success of this project which will lead to all inhabitants throughout the Wielkopolska Region benefitting from access to next generation broadband telecommunication services.  In addition, with the support of Warburg Pincus, we will have more opportunities to grow our business further.”Paul Best, a Warburg Pincus managing director, said: “As experienced investors in the cable sector, Warburg Pincus has identified Inea as a truly exceptional operator. The Polish TV and broadband markets benefit from long term structural growth and cable has a significant advantage over other technologies.  We were attracted to INEA due to its strong market position and the potential for further growth and industry consolidation. In addition, we have found an exceptionally talented management team who are dedicated to the expansion of their business.  We look forward to supporting them as active partners with a long term value creation agenda.”Inea currently passes 360,000 homes and serves 170,000 subscribers. The company is the country’s fourth largest cable operator.last_img read more

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