Trade war big profits wild swings a look at 2018 markets

first_imgWall Street started 2018 strong, buoyed by a growing economy and corporate profits. It didn’t end that way.U.S. stocks climbed to new highs in January, shook off a sudden, steep drop by spring and rode a wave of tax cut-juiced corporate earnings growth to another all-time high by September. Then the jitters set in.Investors grew worried that the testy U.S.-China trade dispute and higher interest rates would slow the economy, hurting corporate profits. A slowing U.S. housing market and forecasts of weaker global growth in 2019 stoked traders’ unease.In October the market entered a volatile skid as traders sold technology companies and other growth sectors in favour of less-risky assets, such as government bonds.The autumn sell-off knocked the benchmark S&P 500 index into a correction, or a drop of 10 per cent from its all-time high. The index ended with its worst annual performance in a decade, losing 6.2 per cent.VIVA VOLATILITYThe stock market’s gyrations grew more volatile in 2018 as investors faced uncertainty over trade and rising interest rates. The benchmark S&P 500 index slid into a “correction,” or a drop of 10 per cent from its high, twice this year. Bond yields surged as investors sought less risky investments, though gold weakened after rallying early in the year.EVERYTHING STRUGGLED“Diversify” is one of the bedrock tenets of investing, and it’s supposed to shine brightest when markets are turbulent. The hope is that if U.S. stocks are struggling, markets in other areas of the world will be doing better. Or bonds. Or gold. This year, though, nearly everything has been a loser.ECONOMIC HEADWINDSThe pace of global economic growth will slow next year, the Organization for Economic Cooperation and Development said recently. Trade growth and investment have been slackening on the back of tariff hikes, the Paris-based economic think-tank says. It warns world economic activity could be weaker in the years ahead if the U.S. and China impose further penalties on each other’s goods.TRADE TREMORSPresident Donald Trump said early this year that trade wars are good and “easy to win,” but worries about the effect of tariffs on international trade — and corporate profits — have weighed on stocks. Boeing’s stock became a proxy of sorts for investors as worries about trade waxed and waned. Boeing got more than half its revenue from abroad in the last year, including about 12 per cent from China, according to FactSet.PROFIT POWERCorporate America’s earnings growth surged in 2018, driven by lower tax bills and a growing economy. The strong results helped to briefly spur the stock market to new highs. More recently, investors have grown concerned that 2018 may be the peak for corporate profit growth, especially given recent signs that the global economy is slowing. That’s one reason analysts are forecasting more modest earnings growth next year.DO YOU SUBSCRIBE?Facebook and Alphabet, Google’s parent company, were longtime market favourites until mid-2018. Facebook faced controversies related to user privacy and concerns its services enabled election meddling and contributed to violence overseas. Analysts projected a slowdown in user growth. Investors also began to wonder if Facebook, Google, Snap and other tech companies will face new regulations. Twitter fared better after several rough yearsOIL SLICKFalling oil prices used to be welcome news in the U.S., but that was before the oil boom of the last decade. A drop in oil can still mean lower gas prices for drivers. But this year’s 40 per cent plunge from a four-year peak of about $76 a barrel in October is unequivocally bad news for the oil companies that have helped domestic production roughly double over the past seven years.NOT HOMEThe U.S. housing market stalled in 2018 as years of prices climbing faster than incomes coupled with a steady rise in mortgage rates took their toll. The higher borrowing costs and prices have put homeownership out of reach for many would-be buyers. Sales of existing homes posted their biggest annual drop in four years in October. Economists are forecasting further weakness in housing next year and higher mortgage rates.BIG AND SMALLSmaller stocks surged this spring as trade tensions dominated the headlines. Investors believed those companies, which do less business overseas compared to larger companies, would feel less pain during a prolonged trade dispute. But smaller companies are also weaker financially and are more likely to struggle when the U.S. economy slows, and Wall Street grew very worried about that possibility later in the year. That caused huge losses.HIGH, AND LOW, TIMESA majority of U.S. states have legalized marijuana to varying degrees, and companies are scrambling to get in on the action. Both the NYSE and Nasdaq saw their first purely cannabis companies list shares in 2018. But stocks in the companies that produce and sell marijuana have largely underperformed the overall market this year.__Markets Team members Greg Keller, Stan Choe, Marley Jay and Seth Sutel contributed to this report.Alex Veiga, The Associated Presslast_img read more

"Trade war big profits wild swings a look at 2018 markets"

Saad Eddine Othmani Urges Ministers to Use Social Media

Rabat – Saad Eddine Othmani, Head of Government instructed his cabinet ministers to pay attention to the importance of social networking platforms which enable direct interaction between the government and citizens. According to the daily newspaper Al-Sabah, El Othmani urged ministers to keep pace with technological advances, adding that an evolution of digital management should also include the improvement of “mentalities” and not just techniques.During the opening of a coordination meeting with general secretaries of different ministries held on Tuesday in Rabat, El Othmani stressed that his government will provide better public services and will endeavor to implement all promised public policies. He went on to add that integrity and transparency are the two main pillars of success in public administration reforms efforts in pace with the development of society and the needs of citizens, which are top government priorities.El Othmani stated that digital management has become a necessity in our digital age, saying it helps to accelerate Morocco’s digital strategy, facilitate access to public services for citizens, enhance transparency, and eliminate corruption. read more

"Saad Eddine Othmani Urges Ministers to Use Social Media"

Ajax May Announce Ziyech Exit Soon AS Roma Deal Gets Closer

Rabat –  Moroccan television network Arryadia had said that the mercato (summer transfer window) over Moroccan international footballer Hakim Ziyech would be concluded Monday. The Moroccan player was set to leave Dutch team Ajax to join Italian giant AS Roma.Arryadia television tweeted in French on July 1: “Hakim Ziyech to AS Roma for an amount of €30 million. The official announcement is on Monday.”AS Roma has not yet confirmed the news. The 25-year old talent had reportedly reached a deal with AS Roma with a five-year contract earlier in June. Ajax and AS Roma have not yet signed the contract.Ziyech would be the second Ajax footballer to join AS Roma after Justin Kluivert.The Moroccan-Dutch footballer attracted a great deal of attention during his spectacular performances during the 2018 World Cup qualifiers and the World Cup.Hakim #Ziyech à l’ @ASRomaFRA pour un montant de 30 M€. L’annonce officielle lundi. @AFCAjax pic.twitter.com/BsLunW2W7c— Arryadia TV officiel (@arryadiatv) July 1, 2018Quoting Italian sports news outlet Corriere dello Sport, AS Roma reported that the Italian giant is “running out of time to sign Ziyech.”The outlet added that Ajax and Roma have agreed on a deal, but Roma may have to sell some of its players in order to pay the EUR 30 million transfer fee for the Moroccan midfielder.Ziyech is also making the headlines of Dutch football for his excellent seasons with Ajax, which named him player of the year in 2018 after he led them to a major win over AZ Alkmaar (3-0) in the Netherlands’ Eredivisie competition in April.Ziyech chose to represent Morocco’s Atlas Lions when he had the opportunity to join the Netherlands. The footballer made his debut for Morocco in October 2015 in a friendly with Côte d’Ivoire.Ziyech also played for Netherlands Under 19, Under 20, and Under 21 teams between 2012 and 2014. read more

"Ajax May Announce Ziyech Exit Soon AS Roma Deal Gets Closer"

Ban to travel to Canada and Turkey for talks on development Somalia

10 May 2010Secretary-General Ban Ki-moon will travel to Ottawa on Wednesday to discuss a range of global issues with the Canadian leadership, including progress on the Millennium Development Goals (MDGs), followed by a visit to Turkey next week for a high-level gathering on Somalia. Secretary-General Ban Ki-moon will travel to Ottawa on Wednesday to discuss a range of global issues with the Canadian leadership, including progress on the Millennium Development Goals (MDGs), followed by a visit to Turkey next week for a high-level gathering on Somalia.Mr. Ban will meet with Canada’s Prime Minister Stephen Harper, Governor General Michaelle Jean, international cooperation minister Beverley Oda and finance minister Jim Flaherty, the spokesperson for the Secretary-General said today.Other issues on the agenda include the forthcoming summit in New York to review the progress towards the achievement of the MDGs, eight development targets which United Nations Member States have pledged to achieve by 2015, as well as the UN’s support for Haiti, and the situations in Sudan and Afghanistan.The Secretary-General and senior Canadian Government officials will also discuss the Nuclear Non-proliferation Treaty (NPT) review conference, currently under way in New York, and have an opportunity to exchange views on the upcoming summits of the Group of Eight (G8) industrialized nations and the Group of 20 (G20) industrialized and developing economies.Then next week Mr. Ban will travel to Istanbul, where the UN and the Turkish Government are scheduled to co-host a high-level international conference on Somalia on 22 May.The conference is intended to advance Somalia’s peace process which aims to foster political stability, security and reconstruction in the conflict-ravaged Horn of Africa country. It will also explore measures to strengthen efforts to combat rampant sea piracy off the Somali coast. read more

"Ban to travel to Canada and Turkey for talks on development Somalia"

US worker productivity grew 3 per cent over the summer as output

US worker productivity grew 3 per cent over the summer as output rose; labour costs fall by Josh Boak, The Associated Press Posted Dec 16, 2013 6:39 am MDT AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to RedditRedditShare to 電子郵件Email WASHINGTON – U.S. workers boosted their productivity from July through September at the fastest pace since the end of 2009, adding to signs of stronger growth.The Labor Department says productivity increased at a 3 per cent annual rate in the third quarter. That’s up from an initial estimate of 1.9 per cent and much stronger than the 1.8 per cent rate from April through June.Productivity rose because economic growth was much stronger than previously estimated in the third quarter. Productivity is the amount of output per hour of work.Labour costs fell in the third quarter, evidence that inflation will remain low.Higher productivity enables companies to pay employees more without sparking inflation. But greater productivity can also slow hiring if it shows companies don’t need more workers to boost output. read more

"US worker productivity grew 3 per cent over the summer as output"

Spain Must Beat Chile If It Hopes to Advance in the World

I’ve arrived here in Rio de Janeiro for a few days. I know how lucky I am — especially since the match I’ll see later on Wednesday, between Spain and Chile at the Maracana stadium, might be the most important of the group stage. (For more on Wednesday’s other matches, see our Crib Notes.)ESPN’s Soccer Power Index doesn’t have much in the way of a prediction for this game — it sees a Chilean win and a Spanish win as about equally likely, with a draw also a decent possibility. But of course, the match matters greatly for Spain’s chances of advancing.Let’s follow the format we used for breaking down the United States’ chances and consider the rest of the group stage from Spain’s perspective. The nine scenarios I’ll cover detail the possible results of the two games Wednesday in Group B — before Spain kicks off with Chile, the Netherlands and Australia will have completed their match in Porto Alegre (the Netherlands is heavily favored). I’ll list what the group standings will look like at the end of the day after each result — assuming that Spain remains behind on any goal differential tiebreaker because it lost by four goals to the Netherlands earlier in the group stage. (That goal differential tiebreaker makes Spain’s path much more difficult than it otherwise would be and is a big part of why our simulations give the La Furia Roja only about a 25 percent chance of advancing.) I’ll then consider how the final two matches (between Spain and Australia, and between the Netherlands and Chile) might play out.Netherlands wins, Spain wins: Netherlands 6 points, Chile 3, Spain 3, Australia 0. Obviously, this is one result Spain would be happy with. A follow-up win against Australia would probably get Spain to the knockout stage — and there are some cases in which a draw against Australia could, too. Even two wins wouldn’t leave Spain 100 percent safe, however. If Spain beats Australia but Chile beats the Netherlands, three teams would be tied atop the group with six points, and Spain would probably have the worst goal differential.Netherlands draws, Spain wins: Netherlands 4 points, Chile 3, Spain 3, Australia 1. This is more promising for Spain as there’d then be some chance it could leapfrog the Netherlands. Spain would control its own destiny without having to worry about goal differential: Win against Australia by any margin and Spain would make it to the knockout stage. Spanish fans should be rooting for the Socceroos to grab at least one point today.Netherlands loses, Spain wins: Netherlands 3 points, Chile 3, Australia 3, Spain 3. A heck of a mess in the short run as all teams would be tied at three points. However, Spain would still control its own destiny and a win against Australia by any margin would put Spain in the knockout stage.Netherlands wins, Spain draws: Netherlands 6 points, Chile 4, Spain 1, Australia 0. Spain is very probably out. The only exception is if it beats Australia and the Netherlands beats Chile — and the margins are wide enough to swing the goal differential back in Spain’s favor.Netherlands draws, Spain draws: Netherlands 4 points, Chile 4, Australia 1, Spain 1. This scenario is extremely problematic for Spain and probably means its elimination. The best Spain could hope after these results is a tie for second, which it would probably lose on goal differential. Another problem is that even if Spain were to beat Australia, the Netherlands and Chile could guarantee their entry into the knockout stage by drawing with each other. FIFA and fans hate it, but soccer teams have a way of playing for the draw when such incentives are in place.Netherlands loses, Spain draws: Chile 4 points, Netherlands 3, Australia 3, Spain 1. Only marginally better. In this case, Spain can finish in sole possession of second place if it then beats Australia and Chile beats the Netherlands. If Spain beats Australia but the Netherlands draws or beats Chile, Spain finishes in a tie for second and is likely out based on goal differential.Netherlands wins, Spain loses: Netherlands 6 points, Chile 6, Australia 0, Spain 0. Spain is mathematically eliminated.Netherlands draws, Spain loses: Chile 6 points, Netherlands 4, Australia 1, Spain 0. Spain is mathematically eliminated.Netherlands loses, Spain loses: Chile 6 points, Netherlands 3, Australia 3, Spain 0. Spain is eliminated for all intents and purposes. It would have to beat Australia, have Chile beat the Netherlands, and then beat both the Netherlands and Australia on goal differential — not very likely.The short version: Lose to Chile on Wednesday and Spain is almost certainly out of the tournament. A draw and La Furia Roja is in grave trouble: Spain would need a win against Australia by an overwhelming margin and very probably some help on top of that. A win keeps Spain alive, but it remains vulnerable, especially if the Netherlands beats Australia (a 74 percent chance, according to our model).CORRECTION (June 18, 11:56 a.m.): A previous version of this post incorrectly listed Australia as having three points if the Netherlands beats Australia and Spain loses to Chile. In that scenario, Australia would have zero points. read more

"Spain Must Beat Chile If It Hopes to Advance in the World"

Is It A Clown Question To Ask Why Bryce Harpers Stats Are

When Bryce Harper was introduced by the Philadelphia Phillies on Saturday in Clearwater, Florida, and slipped on a red pinstriped No. 3 jersey, the amount of fanfare that greeted him hadn’t been seen since the team traded for Roy Halladay in 2009. The club reportedly sold 100,000 tickets to regular-season games within hours of Harper’s signing. The Phillies hope it ushers in an era of sustained competitive baseball with Harper as a $330 million keystone. After all, what made Harper so promising was not only his talent but also his relative youth, as a 26-year-old free agent.Harper should still be productive in the near term and deliver important wins for the Phillies (after the signing, FiveThirtyEight’s projections for the 2019 season bumped the Phillies up to 84 wins, from 82, although other sites have been more bullish). But as we wrote last week, Harper’s consistency is a concern. Historical comps for a player with Harper’s unusual and volatile career to date suggest that he might have already peaked and that star-level players, in general, have reached their peaks by age 26. Since we are already in the habit of raining on the parade in Philadelphia, let’s look under the hood at Harper’s underlying stats and see where the specific problems may reside.For starters, Harper’s defensive metrics fell off a cliff last season.According to an average of Defensive Runs Saved (which Baseball-Reference.com uses for its defensive WAR) and Ultimate Zone Rating (FanGraphs’s metric of choice), Harper was the second-worst right fielder in the game (-12 runs saved compared with average) and the fourth-worst center fielder (-9 runs saved). Harper played 860 innings in right and 477 innings in center last season. And if Harper becomes more and more a one-dimensional player, in an era in which his power hitting stands out less, he loses relative value.But perhaps those concerns are a little overblown. Although baseball’s defensive metrics are getting better all the time, they are still prone to big swings between seasons. In 2017, before the big decline last season, Harper was actually 3 runs better than an average right fielder. His 24-run drop ranks second-worst among outfielders under age 271As of June 30 of the season in question. who played the same position for the same team in back-to-back years between 20022The first season of granular, pitch-level data at FanGraphs. and 2018, trailing only Matt Kemp (who fell from being exactly average in 2009 to 31 runs below average in 2010). In the season after that, Kemp still wasn’t good — he was -6 relative to an average CF — but he at least reclaimed some of the ground he’d lost in his annus horribilis.As it turns out, that’s a pretty common story if we look at the rest of the outfielders who met our qualifications from above and dropped off by at least 15 runs in a season since 2002: The fates of outfielders with Harper-esque defensive dropsPlayers who had a decline of at least 15 defensive runs* relative to average in a season since 2002, were younger than 27 and played in the same position for the same team There were some other players who experienced the same kinds of defensive declines and responded by changing positions entirely. (Such as Mark Teahen, Adam Eaton and Marlon Byrd.) But among those who stayed at the same position, they averaged to be about half as bad (relative to average) in the following season as they’d been in the decline year, regaining about 20 percent of their previous form.In the end, though, the Phillies are paying Harper to produce runs and hit homers. So perhaps the more troubling trend of Harper’s for the Phillies is his failure to address holes in his swing.Harper’s ability to make contact has been in decline. Last season, his rate of contact on pitches in the strike zone was the fourth-lowest among qualified hitters, dropping from 84 percent in 2017 to 78 percent in 2018. His strikeout rate rose by 4.2 percentage points, the 24th-greatest increase in the majors. Since 2015, his 15-game rolling average regarding contact ability (on all pitches) has been volatile but gradually declining.According to Statcast data from Baseball Savant, Harper’s whiff rate against fastballs3Four-seam fastballs, two-seam fastballs and sinkers. increased from 15.2 percent in 2016, to 20.2 percent in 2017 to 26.4 percent last season (ranking as the 36th-highest whiff rate in 2018 among 352 batters to offer against at least 200 fastballs). Against fastballs 95 mph and faster, Harper’s whiff rate increased from 18.8 percent in 2016 to 22.0 percent in 2017 to 31.5 percent in 2018.Harper has always had a weakness against up-and-away fastballs. Since 2015, he has swung and missed at a 40.7 percent rate when offering at up-and-away four-seam fastballs.Last season, Harper swung at 111 four-seam fastballs in those zones and whiffed 52 times, a 46.8 percent rate.While defensive metrics can still be somewhat volatile from year to year,4Even among players who stayed at the same position in back-to-back years, the correlation between a player’s percentile rank at his position in defensive runs per inning from year to year is 0.36 since 2002. a player’s contact rate is much “stickier”5The same correlation for a batter’s strikeout rate in back-to-back seasons is 0.79. — suggesting that big changes in the ability to make contact are more likely to represent a real change in skills and not just random variance.It’s not all bad news at the plate, however: Against fastballs,6Again, four-seam fastballs, two-seam fastballs and sinkers. Harper hit .306, with a .651 slugging percentage, according to Baseball Savant data.Because Harper was effective when making contact against fastballs, perhaps he was trading the ability to make contact for more power. What he has not done is change his swing plane, according to launch angle data. His average launch angle was 14.5 degrees in 2015, 14.6 in 2016, 13.6 in 2017 and 13.9 in 2018. His pull rate did spike, jumping from 35.5 percent in 2017 to 42.3 percent in 2018.Harper has elite plate discipline. He has elite power. But not every player who has made power gains in recent years — see Mookie Betts, Francisco Lindor, Justin Turner and Jose Ramirez — has had to sacrifice contact. And the best, most efficient offensive performers typically do not trade contact for power.What’s concerning is that even though some traits age well, like plate discipline, power generally does not. So if Harper’s defense continues to decline and he’s limited to a corner outfield position and continues to lose contact ability — if he becomes a Three True Outcomes hitter — he probably won’t age as the Phillies would like. He would likely morph from a highly sought-after asset, a 26-year-old star free agent, to the type of player easily found (a Three True Outcomes corner outfielder).Because Harper was a prodigy in part as a result of relentless work and practice at a young age, he may have fulfilled his potential soon after his arrival in the majors. But he doesn’t have to be Trout-like to justify his contract. At $25.4 million per year, the Phillies are not paying him as an elite superstar. And if Harper helps Philadelphia add another World Series banner to Citizens Bank Park in the not-too-distant future, then it will likely be $330 million well spent regardless of how well he ages. Luis Matos2003-0524-26CF+9-8-2 Matt Kemp2009-1124-26CF0-31-6 Fielding Runs vs. Avg Jeff Francoeur2007-0923-25RF+20-3+4 Mike Trout2012-1420-22CF+15-5-9 Jay Bruce2010-1223-25RF+180-3 Historical playersYearsAgesPosYear 1Year 2Year 3 Bryce Harper2017-1924-26RF+3-20? current playersYearsAgesPosYear 1Year 2Year 3 From ABC News: Fielding Runs vs. Avg * According to an average of the defensive metrics found at Baseball-Reference.com and FanGraphs.Minimum 700 innings in all years. Ages are as of June 30 of the season in question.Sources: Baseball-Reference.com, FanGraph Andre Ethier2007-0925-27RF+4-11-11 Nick Markakis2008-1024-26RF+17-5-8 Odubel Herrera2017-1925-27CF+6-11? read more

"Is It A Clown Question To Ask Why Bryce Harpers Stats Are"

Hartson – Rangers are never catching Celtic

first_imgCeltic legend John Hartson has dismissed Rangers’ chances after his former team won the Old Firm derby 1-0 on Sunday.Celtic won the Old Firm derby by an Olivier Ntcham goal in the 62nd minute, as he latched on to a precise pass inside the box and sent a powerful shot inside the left post. Celtic legend John Hartson felt that the scoreline flattered Rangers.“I was at the game on Sunday and I have to say that for me the gap is as big as it has ever been,” Hartson wrote in the Evening Times.“Celtic beat Rangers 5-0 last April and it could have been the same again on Sunday had it not been for the woodwork and a goalkeeper who shouldn’t have been on the park.Mikey Johnston, CelticJohnston is disappointed after being injured Manuel R. Medina – September 11, 2019 Celtic winger Mikey Johnston was disappointed to miss Scotland Under 21 national team’s victories over San Marino and Croatia, and he hopes he can return to play soon.“In terms of the game itself, I thought that Celtic were still miles ahead of Rangers and this game confirmed it. Celtic moved the ball well, they commanded the game, they had Rangers all over the place.“There was so much talk in the build-up to it from Rangers supporters and sections of the media all believing that it would be closer, but there is not a chance that the Ibrox side are anywhere near catching Celtic,” Hartson added.last_img read more

"Hartson – Rangers are never catching Celtic"

Dolphins players cheerleaders visit children in hospital

first_imgMIAMI (WSVN) – More than a dozen Miami Dolphins players and cheerleaders stopped by Baptist Children’s Hospital, bringing much needed smiles.They went room to room at the Kendall hospital to visit children who were too sick to get out of bed.Nurses at the hospital know how important these visits are to the kids. “This is a distraction for them. It’s something that is exciting. It’s something different,” said nurse Carolina Parra. “They get to see players they see on TV, so it is very exciting for us, exciting for them, and we look forward to it every year.”While there, the team also took pictures and gave out a few gifts.Copyright 2019 Sunbeam Television Corp. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.last_img read more

"Dolphins players cheerleaders visit children in hospital"

Cheque books IFSC codes of six banks to be invalid after December

first_imgThe new logo of State Bank of India (SBI) is pictured at the podium of the venue of a news conference after the announcement of SBI’s fourth quarter results, in Kolkata, India May 19, 2017. REUTERS/Rupak De Chowdhuri/File PhotoReutersIndia’s largest lender State Bank of India (SBI) has asked customers of its subsidiary banks to apply for new cheque books and IFS codes before December 31.Taking to microblogging platform Twitter, the bank said that the validity of cheques of erstwhile associated banks has been extended till 31st December, 2017 by the RBI.Earlier in September the bank put out a similar notice asking customers of its subsidiary banks to apply for new cheque books and IFS codes by September 31.Accounts holders of State Bank of Patiala, State Bank of Bikaner and Jaipur, State Bank of Raipur, State Bank of Travancore, State Bank of Hyderabad and Bharatiya Mahila Bank will have to apply for the new cheque books and IFS codes.Users can avail the new cheque books via the Internet and mobile banking, ATMs or by visiting the home branch, the lender added.SBI officials informed that transactions based on old codes will still go through and will not be held up as they have been mapped with the new codes internally by the bank.However, if one has already provided the IFSC code to any other financial institutions, it should not result in any roadblock, the Economic Times reported.The lender has also changes in branch names, branch codes, and even the IFSC codes of branches located in some of the major cities such as Mumbai, New Delhi, Bengaluru, Chennai, Hyderabad, Kolkata, Patna, Ahmedabad, Bhopal, Amravati, Chandigarh, Jaipur, Thiruvananthapuram and Lucknow.The validity of cheques of former Associate Banks has been extended till 31st December, 2017. Apply now for a new SBI cheque book. pic.twitter.com/wkeuM2M9oI— State Bank of India (@TheOfficialSBI) October 11, 2017Earlier on April 1, SBI’s associate banks State Bank of Patiala, State Bank of Bikaner and Jaipur, State Bank of Hyderabad, State Bank of Mysore and State Bank of Travancore, besides Bharatiya Mahila Bank merged with the SBI.With the merger, SBI has been catapulted to the ranks of the top 50 banks in the world in terms of assets now worth Rs 37 lakh crore. The bank has grown its deposit base to over Rs 26 lakh crore and advances to around Rs 18.50 lakh crore, 22,500 branches, of which 20,000 are its own and 58,000 ATMs.last_img read more

"Cheque books IFSC codes of six banks to be invalid after December"

Khaleda to visit Rohingyas in Coxs Bazar next week

first_imgKhaledaBangladesh Nationalist Party (BNP) chairperson Khaleda Zia will go to Cox’s Bazar’s Ukhia next week to visit the Rohingyas who have taken shelter there in the face of persecution in their own country, Myanmar.The decision was taken at a meeting of BNP standing committee members held on Monday night, said a party press release signed by its senior joint secretary general Ruhul Kabir Rizvi.It said BNP policymakers decided that the party chairperson will visit the Rohingya camps in Ukhia to observe the inhuman conditions of the Myanmar’s displaced nationals there.The meeting also urged the government to take steps to put pressure on Myanmar through the UN Security Council members so that it takes back its nationals with ensuring their citizenship and dignity.According to the release, the meeting voiced concern over the ‘unusual’ hike in the prices of essentials, including rice, and urged the government to take proper measures to arrest the growing prices of the essentials.It also said the BNP policymakers condemned the issuance of warrants for the arrest of top party leaders, enforced disappearance of Kalyan Party secretary general MM Aminur Rahman and the arrest of party leaders and activists.The nearly one and a half hours meeting was held at BNP chairperson’s Gulshan office with Khaleda in the chair.BNP secretary general Mirza Fakhrul Islam Alamgir, standing committee members Khandaker Mosharraf Hossain, Moudud Ahmed, Jamiruddin Sircar, Tariqul Islam, Mahbubur Rahman, Rafiqul Islam Miah, Mirza Abbas, Gayeshwar Chandra Roy, Dr Abdul Moyeen Khan, Nazrul Islam Khan and Amir Khasru Mahmud Chowdhury were present at the meeting.Fakhrul was scheduled to disclose the outcome of the meeting at a press conference at the party’s Naya Paltan central office at 11:00am toady, but it was cancelled following the death of party standing committee member MK Anwar.Though the party did not mention the exact date of Khaleda’s tour, a party policymaker wishing anonymity said Khaleda may start her journey for Cox’s Bazar on Saturday and she will stay overnight in Chittagong on Saturday.Then on Sunday morning, the BNP leader said, their chairperson will go to Cox’s Bazar from Chittagong and visit the Rohingya camps in Ukhia.last_img read more

"Khaleda to visit Rohingyas in Coxs Bazar next week"

Texas Court Of Criminal Appeals Stops Scheduled Execution Over Claims Of Intellectual

first_img Share TDCJClifton Williams was sentenced to death for the 2005 murder of a 93-year-old woman during a home robbery in Smith County.The Texas Court of Criminal Appeals halted the upcoming execution of Clifton Williams on Tuesday — the court’s first stay of execution this year.Williams, 34, was scheduled to die on June 21 for the 2005 murder of a 93-year-old woman during a home robbery in Smith County. But after his lawyers filed a new petition last month asserting that Williams is intellectually disabled, the court sent the case back to the trial court for a live hearing on the issue.At age 21, Williams broke into the home of Cecilia Schneider. He killed her, burned her body and fled in her car, according to court records.Williams had previously fought against his death sentence by arguing that he is intellectually disabled and therefore ineligible for execution. The argument was rejected in the past, but Texas is now reevaluating how it determines intellectual disability for death-sentenced inmates.The U.S. Supreme Court ruled in 2002 that intellectually disabled people aren’t allowed to be executed, and last year it knocked down Texas’ method — created by the Court of Criminal Appeals — for determining intellectual disability in the case of another death row inmate, Bobby Moore. The nation’s high court ruled that Texas’ test used outdated medical standards and rules invented by elected judges without any authority.Since then, two men on Texas’ death row have had their sentences reduced to life in prison based on claims of intellectual disability. Harris County District Attorney Kim Ogg, a Democrat who leads the prosecuting office in Moore’s case, has asked that the court to change Moore’s sentence to life and recommended that the court use current medical science to determine intellectual disability in the future. The court has yet to rule in Moore’s case.Williams’ execution was the next up on the calendar in Texas. Six men have been put to death in the state so far this year, and another eight are scheduled for execution through October.Though the court has been active in granting stays of execution in recent years — including seven stays of execution for six men in 2017 — this was the first time the court stopped an execution this year.last_img read more

"Texas Court Of Criminal Appeals Stops Scheduled Execution Over Claims Of Intellectual"

Full Show Relief For Furloughed Federal Employees And Latino Muslims Jan 22

first_imgListen On Tuesday’s Houston Matters: The City of Houston is partnering with several local nonprofits, including the Houston Relief Hub, to provide aid for the many federal workers in Greater Houston who have been out of work for than a month because of the partial government shutdown. We find out what assistance is available and how people can get it.Also this hour: According to a study from LendingTree, seniors in Texas carry more debt into retirement than seniors in other states. We learn more about the study, and then we revisit our 2016 conversation about saving for retirement and when to start retirement planning.Then, horticulturist Linda Gay answers your winter garden care questions.And the largest number of Muslim converts are coming from the Latino community. A new documentary series on Vice.com called called Minority Reports recently visited Houston to learn why.We offer a daily podcast here, on iTunes, Stitcher and other podcasting apps. This article is part of the Houston Matters podcast Share 00:00 /00:00center_img X To embed this piece of audio in your site, please use this code:last_img read more

"Full Show Relief For Furloughed Federal Employees And Latino Muslims Jan 22"

Excel Academy Players Learn About Sisterhood

first_imgThe girls belong to the school’s nascent tennis team club, which their science teacher, Gregory Dwyre, started earlier this year. The squad is comprised mostly of beginners, who play once a week for an hour on public courts at Anacostia Park in southeast D.C. Dwyre said he eventually wants the girls to compete against other schools, but for now, he’s focused on getting them excited about the sport and honing their tennis skills.The girls have already bonded. Several girls said they play with their best friends who are also in the club. Shelby Taylor, 11, who has played tennis for four years, said she is helping the girls perfect their strokes.“It builds all of the teammates up,” Genora Gray, 11, told the AFRO. “Teamwork makes the dream work.”Dwyre said he loves tennis and wanted to expose the girls to a sport they could possibly play for the rest of their lives. “I’ve been wanting to do this for a while since I’ve been at the school, because they don’t have a lot of sports teams,” Dwyre, who played tennis at Eckerd College, told the AFRO. “It’s important they have access to activities that are in some way active.”The club is in keeping with the school’s new focus of promoting and boosting athletics, said Matthew Evancho, the school’s director of creative arts. In addition to the tennis team, the school also offers basketball, soccer, track, Double Dutch, dance, and cheerleading teams.The programs keep the students engaged at school and help them forge closer relationships with their teachers. “It helps the students involved, especially the middle school scholars . . . who generally weren’t as invested,” Evancho said.Meanwhile, Dwyre operates the club without much of a budget. Local tennis players donated the rackets. The school paid for two ball hoppers and a box of tennis balls. There are only eight girls in the club because that’s the number of girls who can fit in Dwyer’s and co-coach Teya Green’s cars. Dwyer and Green, a social studies teacher, drive the girls from the school to the tennis courts and back, which is about a 10-minute drive, each way.The girls said they are grateful that their teachers are sacrificing so much so they can play tennis. “It’s something active for the kids instead of being out on the streets,” Anna Hyman, 14, club captain, told the AFRO. “I like when we come together as a team and show sisterhood.”The girls are learning tennis isn’t as easy as it looks. Before practice begins, Green tells the girls to run a single lap around the nine caged tennis courts.Danielle Chatman, 10, told the AFRO that she’s already seen progress in her physical fitness. “The first time, I was dead,” she said.Practice only lasts an hour. After the run around the courts, the girls stretch, do various drills, play tennis games such as doubles and king of the hill.“The teachers don’t fight, we don’t fight, and they’re great role models,” Jordyn Terrell-Thomas, 11, to the AFRO.When it’s raining outside, the girls watch videos of Venus and Serena Williams, who continue to dominate tennis well into their 30s. Between them, the sisters have won 30 Grand Slam singles titles from the sport’s four most important Grand Slam tournaments, such as the Australian Open, the French Open, Wimbledon, and the U.S. Open. Like the girls, they are Black and learned how to play tennis on public courts.Though the Williams sister go hard against each other on the courts, they always hug after one of them wins. According to several of the girls, the Williams sisters are an inspiration for the girls and serve as examples of strong, positive women. “Of course they’re African American and of course they’re sisters,” Thomas said. “Just because we’re competing . . . at the end of the day, we’re still sisters.” For eight girls at Excel Academy Public Charter School, an all-girls elementary and middle school in southeast D.C., learning how to play tennis goes beyond proper footwork and working up a sweat. The lessons teach them about good sportsmanship, hard work, and good eating. They also teach the girls about building character.LaSandra Taylor, 11, one of seven girls on Excel Academy’s tennis team, readies to return a tennis ball at Anacostia Park. (Photo by Lenore Adkins)last_img read more

"Excel Academy Players Learn About Sisterhood"

Grodds Gorilla Invasion Elevates a Middling Flash Episode

first_img Top Movies and TV Panels to Keep on Your Radar for SDCC 2019’The Flash’ Season 5 Finale Recap: 2 Big Bads and 1 Pre-Crisis Stay on target I get it. Budgets are a thing, and CGI is expensive. A proper massive Gorilla attack on Central City would cost way more than anyone would be willing to spend on a CW superhero show. So I understand the reason we had to wait until the end of the episode for any good Gorilla action. I just wish the events leading up to it were more fun.The episode began with the team celebrating last week’s victory, and Barry making every boyfriend in the world look bad by surprising Iris with an elaborate homemade breakfast just because. He’s celebrating the fact that he managed to prevent Grodd’s invasion, changing the future and saving Iris’s life. Or so he thinks. The celebrations come to a quick end when Gypsy shows up in S.T.A.R. labs to attack Vibe and The Flash. She easily overpowers both, but fortunately, Harry from Earth-2 is there with his science gun. After Vibe and Barry ask her some questions, it becomes clear she was being controlled by Grodd. Meaning Grodd, and likely his gorilla army is on Earth-1.Meanwhile, Wally and Jesse are nervous to tell Harry about Jesse’s plans to move to Earth-1. Harry is surprisingly cool with his daughter moving universes to live with a guy. At least he seems to be until he tells Wally he’s terminally ill. He asks Wally not to tell Jesse as he doesn’t want to worry her. Fortunately, Wally is smarter than that (and smarter than Barry has been in similar situations) and immediately lets Jesse know. She sees right away that her dad isn’t sick and scolds him for using such a dirty tactic to keep her in Earth-2.Keiynan Lonsdale as Wally West and Violett Beane as Jesse Quick (Photo: Bettina Strauss/The CW)Harry’s interactions with the team were some of the episode’s more enjoyable moments before it reached the gorilla portions. It’s been so long since we last saw the Earth-2 crew, it’s easy to forget that this version of Harry is kind of a jerk. More than kind of in this episode. Aside from his manipulative tactics regarding Wally and Jesse’s relationship, he really doesn’t like having H.R. around. As H.R. isn’t a genius, Harry doesn’t see any reason he should still be on Earth-1. He and H.R. bicker and argue through nearly every scene. Harry even spits and H.R.’s coffee at one point. That’s not cool, man. The two characters bounce off of each other surprisingly well, considering they’re played by the same guy. Tom Cavanagh might be one of the best actors on the show.Since they really only had enough money in the budget for one big gorilla fight, most of the action this episode centers around Grodd controlling people from afar. One of the tensest and well-executed scenes in the episode is when Grodd takes control of Joe and almost forces him to commit suicide. The scene looks a lot like the one Barry keeps seeing in his dreams of Savitar killing Iris. There’s no way that’s not on purpose. As Joe fires the gun, Barry can push Joe out of the way of the bullet. Now, it’s true that Savitar moves faster than a bullet, but if Barry can save Joe from a nearly point blank gunshot, maybe he can still save Iris.Grodd’s other mind control plan is decidedly less interesting. He takes control of a general at a nearby Air Force base, using his clearances to launch a bunch of nukes at Central City. The Flash arrives at the launcher and attempts to input the override codes to stop the launch. He has to punch every possible code into the keypad, and though he gets frustrated halfway through, he still manages to find the right one with two seconds to spare. Since we’ve seen him do this keypad trick before, there’s not nearly as much tension in this scene as there should be. Plus, we know the missiles aren’t actually going to launch. There’s no way this episode had the budget for a gorilla battle and a sequence where Flash stops in-flight missiles.Grant Gustin as Barry Allen and Candice Patton as Iris West (Photo: Bettina Strauss/The CW)The episode’s main problem is the fact that Barry’s central character conflict rang a little hollow. It all stems from the fact that he could change the future if he killed Grodd. He has to learn, through the slightly despicable actions of Harry, that he doesn’t want to go there. He has to be the hero and find a better way. While there has been an ongoing question of how far Barry would go to save Iris, this dilemma felt out of place on The Flash. This show has always been genuine and optimistic with a little bit of silver age goofiness. The dark, conflicted hero plots always feel like they belong on Arrow rather than this show.As we all knew he would from the beginning, Barry finds a way to defeat Grodd without killing him. He has Vibe go to Earth-19 and convince Gypsy to help. It takes some doing, but she eventually agrees. She also asks if Cisco is trying to “Luke Starkiller” her, which… pack it up guys, that’s probably the funniest Star Wars joke anyone will ever write. As the gorilla’s march into Central City, Barry charges headlong into Grodd’s shield. Because he’s an idiot. After The Flash is effortlessly pushed aside, Gypsy and Vibe show up with Solovar.Even though we don’t get to see a full-scale Planet of the Apes-style gorilla invasion of Central City, the climactic battle is really cool. Grodd and Solovar throw each other into a building, climb up it, and fight each other on the roof. If last week’s Flash/Solovar fight in the arena was the most awesome battle of the season, this is a close second. In the end, Solovar throws Grodd from the roof, defeating him. The Flash convinces Solovar to spare Grodd’s life. In exchange, The Flash keeps Grodd on Earth-1, and Gypsy and Vibe send the gorillas back to Earth-2.Violett Beane as Jesse Quick, Grant Gustin as The Flash and Keiynan Lonsdale as Kid Flash (Photo: Katie Yu/The CW)As the episode ends, Barry proposes to Iris in an incredibly sweet scene. We don’t get to hear her answer, as the show cuts to Wally and Jesse watching Casablanca and making out on the couch. Jesse sends Wally out for some burgers, but he runs into Savitar. Somehow, he found his way back to Earth-1.Honestly, this episode was a little underwhelming, especially considering how much fun the first part was. We never got a massive gorilla invasion, and most of it was spent wrestling with a question we, the audience, already knew the answer to. There were some good moments of character development that saved the episode from being a complete waste of time, but it didn’t really turn around until the gorilla battle at the end. Despite all that, it did contain Grodd, which instantly makes it five times better. The fact that this show is willing to commit to silver age villains and concepts and make them work is still amazing and should be encouraged.last_img read more

"Grodds Gorilla Invasion Elevates a Middling Flash Episode"

Road Alert Overcast and cold weather predicted for Ladysmith

first_imgOvercast and misty conditions have been reported along the N3, especially at Van Reenen.Motorists are warned to be cautious during the inclement weather being experienced in Ladysmith and surrounding areas.As far as the weather in Ladysmith for today is concerned, a high of 21 degrees and a low of 13 degrees has been predicted.The South African Weather Service predicts cloud cover, cold and possible rain for the rest of the day.Have a safe Friday! Click to receive news links via WhatsApp. Or  for the latest news, visit our webpage or follow us on Facebook and Twitter. Join us there! WebsiteWebsiteWebsite WebsiteWebsiteWebsite WebsiteWebsiteWebsite last_img read more

"Road Alert Overcast and cold weather predicted for Ladysmith"

La Ley will reschedule concert after FIAsco

first_imgRelated posts:How Costa Rica’s 2015 International Arts Festival flopped Ousted culture minister blames subordinates for arts festival woes FIA conspiracy? Former culture minister blames ‘plot’ for festival failure President Luis Guillermo Solís confirms new culture minister The Chilean rock band La Ley said Wednesday that it will reschedule its concert originally set for this week in Costa Rica for June 20. The concert was cancelled — along with other major international acts — amid the chaos that tanked this year’s International Arts Festival.Band leader and vocalist Beto Cuevas told reporters that La Ley had a “debt” with the Costa Rican public, which in the past has received the band warmly.“We wanted to play now but I know that in June the concert will have a special energy,” Cuevas said at a news conference. He was accompanied by producer Gustavo Pacheco, who hired the band for the festival.The traditionally grand 2015 International Arts Festival (FIA), which started April 23, unraveled over the past two weeks as technicians and artists backed out citing poor festival organization, non-existent communication and last-minute contracts.Recommended: How Costa Rica’s 2015 International Arts Festival floppedLa Ley was supposed to play Thursday in Desamparados, south of San José, but the show was cancelled because organizers failed to find a way to provide lights and speakers after the company originally chosen to do so pulled out.Organizers were also forced to cancel Argentine musicians León Gieco and Miguel Mateos. Those musicians never got on a plane, but members of La Ley arrived in Costa Rica earlier this week.Pacheco, the producer, said the rescheduled show would take place at the Antigua Aduana.Culture Minister Elizabeth Fonseca told daily La Nación on Wednesday that the Costa Rican government would have to assume minor costs — including airline tickets and venue rental — beyond the ₡100 million ($188,000) it had already agreed to pay the group.But she said La Ley had agreed not to seek indemnification for the schedule change.Fonseca said 3,400 tickets to the show would be distributed free among the residents of Aserrí, Desamparados and Acosta — the three communities where FIA’s main events were supposed to take place. Another 1,800 will be put up for sale, La Nación reported.The Culture Minister said Miguel Mateos would be rescheduled for June 18 and León Gieco for June 19 and 20, both in the Antigua Aduana.The festival fiasco has led many artists, angry citizens and lawmakers to call for Fonseca’s resignation. Facebook Commentslast_img read more

"La Ley will reschedule concert after FIAsco"

Regulators Shutter California Bank 2014 Failure Tally Hits 17

first_img November 10, 2014 499 Views Bank Failure FDIC OCC 2014-11-10 Tory Barringer Regulators announced last week the closing of a California bank, marking the state’s first insured bank collapse in more than two and a half years.The Office of the Comptroller of the Currency (OCC) closed down the Palm Desert-based Frontier Bank—also known as El Paseo Bank—citing a lack of assets and earnings “due to unsafe and unsound practices.” The agency also found the bank was “likely to incur losses that will deplete its capital, the bank is significantly undercapitalized, and there is no reasonable prospect that the bank will become adequately capitalized.”The latest closing brings the nationwide tally of collapsed banks to 17 so far this year compared to 23 by this time in 2013. Annual closings reached 157 as recently as 2010, the worst year for banks since the savings and loan crisis.Frontier Bank is also the first insured institution to fall in California since April 2012, when Palm Desert National Bank went down.OCC appointed FDIC as receiver of Frontier Bank’s deposits and assets, which were estimated to total $82.1 million and $86.4 million, respectively, as of June 30. As receiver, FDIC announced an agreement with San Diego’s Bank of Southern California, which will pay a premium of 1.06 percent to acquire all of the failed bank’s deposits.The estimated cost to FDIC’s Deposit Insurance Fund will be $4.7 million, the agency said. Regulators Shutter California Bank; 2014 Failure Tally Hits 17center_img in Daily Dose, Government, Headlines, News Sharelast_img read more

"Regulators Shutter California Bank 2014 Failure Tally Hits 17"

Perdikis reelected leader unopposed

first_imgDEPUTY Giorgos Perdikis was re-elected chairman of the Greens unopposed on Sunday, at the party’s conference.Elections were also to be held for new deputy chairman, two vice chairpersons and the members of the central committee, all of whom serve a three-year term.Speaking to journalists, Perdikis said that this was a “historic moment” for the Greens, as a new leadership – apart from him, who has always led the party – would take over at a critical period in which “dynamics are being developed threatening habitats, nature, the environment, citizens’ rights”.He said, “all those elements that led to the need 22 years ago for the creation of the movement of the Greens-Environmentalists, are making a comeback”.He also warned that the government was preparing “cruel bills” for dealing with NPLs, but his party would protect members of the public from these policies.You May LikeAutos +The 10 Most Influential Cars Of All TimeAutos +UndoFood PreventEat 2 Bananas A Day And This Might HappenFood PreventUndoHabit Tribe25 Amazing Parenting Hacks That Will Make Your Life EasierHabit TribeUndo UK plays Brexit hardball with ‘stubborn’ EUUndoBritish woman who claimed gang-rape taken to courtUndoLimassol police investigating attempted murderUndoby Taboolaby Taboolalast_img read more

"Perdikis reelected leader unopposed"