Getting a secondary chance

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Encourage developers’ creativity – don’t stifle it

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Mexico marks deadliest day amid coronavirus lockdown

first_imgMexico has recorded its deadliest day this year, official data showed Monday, with 105 murders the previous day amid the government-imposed quarantine to combat the spread of COVID-19.Sunday’s toll exceeded the latest high of 104 people on April 4, 2020, federal data showed. “We are addressing the issue of the coronavirus, but unfortunately we continue to have problems with homicides,” President Andres Manuel Lopez Obrador, known as AMLO, acknowledged Monday in his morning briefing.  AMLO, a leftist-populist who took office in December 2018, maintains that violence will be less when poverty, social exclusion and lack of opportunities are fought, and the use of force against criminals is reduced.”Once we get through this difficult situation,” he said, referring to the pandemic, “we are going to give [the criminals] options, alternatives so that they can rejoin public life, be good people.”Mexico’s Congress is scheduled to discuss on Monday an Amnesty Law that AMLO is seeking. It would pardon, among others, drug traffickers with relatively minor offenses.  Topics :center_img The data, collected by state prosecutors offices and federal agencies, showed the State of Mexico (center) had the highest number of intentional homicides, with 12; Chihuahua (northwest) with 10, while Mexico City, Guanajuato (center) and Oaxaca (south) reported nine each. Since the health protection measures took effect in mid-March, violence certainly has not slowed in Mexico, which in 2019 recorded 34,608 murders, a record number since 1997. The 2019 toll is the equivalent to an average of almost 95 intentional homicides per day in Mexico — a country affected by a wave of increasing violence since the end of 2006, when the fight against drug trafficking was militarized. Since then, a staggering almost 275,000 people have been killed, according to official data that do not detail how many of these cases would be linked to organized crime.last_img read more

Joseph Mariathasan: Time to take ESG seriously

first_imgFor pension funds holding Volkswagen shares, the damage has been twofold. They have seen not only a significant loss arising from the share-price fall but they also have the knowledge that one of their investee companies has caused environmental damage and contributed to the ill health of society at large, including their own beneficiaries.ESG factors clearly can be components of investment analysis. There is some academic evidence, and many would argue companies that adhere to high standards when it comes to ESG outperform over the long term. But establishing conclusive proof, as with any other theory in investment, is always elusive, and results are debatable. Irrespective of which side of the debate you are on, the largest pension funds are faced with the problem that they are essentially universal funds, with stakes in virtually all the investable stocks in the universe. Indeed, most have a large indexed core. Such funds have to face the issue that their sheer size may preclude them from disinvesting from large portions of the market. Maximising returns by robbing Peter to pay Paul is meaningless if you own both Peter and Paul.An example would be the poor management and handling of chemicals by one company leading to additional costs to companies associated with the treatment of water – a universal owner would hold both in their portfolio. Moreover, they would also argue that their members are worse off if companies increase their share price through activities that degrade the environment or reduce the quality of life for their members in other ways.Investor lobby group Preventable Surprises issued a report recently entitled “Investors, Climate Risk and Forceful Stewardship: An Agenda for Action”. It advocates pension funds taking a more activist stance based on two key investment observations. First, climate change poses a significant and increasing systemic risk to the global economy and thus to the portfolios of diversified investors, in turn threatening the security and financial well-being of their beneficiaries. Second, institutional investors have a fiduciary obligation to control this risk and prevent it from increasing as much as they reasonably can.The issue for the industry as a whole is that of which entity has the resources and motivation to develop a constructive dialogue with companies. Fund managers can take the free-rider approach and look to benefit from the activities of their competitors in this area without having to contribute resources of their own. Pension schemes themselves have the temptation to become complacent with the strategy of delegating this responsibility to their fund managers. Clearly, universal schemes that have holdings in virtually all stocks would benefit from an activist approach.What is certain is that responsible ownership requires taking a proactive approach to many areas of a company’s activities such as corporate governance, social and ethical issues, and the external environment. Ultimately, the objective of many idealists is that the ESG movement fades away, not because it has been a failure but because it has been such a success in that no distinction can be made between mainstream investment and ESG.Joseph Mariathasan is a contributing editor at IPE Responsible ownership requires taking a proactive approach to many areas of a company’s activities, writes Joseph MariathasanThe United Nations Climate Change Conference in Paris has brought the issue of climate change to the fore in investors’ minds. Environmental, social and governance (ESG) issues such as climate change are certainly becoming more and more mainstream, but ESG as a concept investors should take seriously still has its detractors.Luke Johnson, private equity entrepreneur and Sunday Times columnist, was scathing about corporate social responsibility in his 15 September column this year, declaring: “Corporate social responsibility is an indulgence of affluent societies and rich companies.” He concluded his diatribe by declaring: “The field feels rank with hypocrisy, unrealistic expectations and questionable motives.”Ironically, within a few days, the Volkswagen scandal broke out when the US Environmental Protection Agency (EPA) issued a Notice of Violation of the Clean Air Act to the German automaker. The BBC reported that this was not the first time Volkswagen had attempted to sidestep regulation, having been fined $120,000 (€110,230) in 1973 for dodging similar tests.last_img read more

Royal Netherlands Navy Sets Up Hydroid REMUS AUV Service Center

first_imgHydroid has recognized the Sensor & Weapon Systems Department within the Royal Netherlands Navy’s Directorate of Materiel Sustainment as an authorized REMUS Service Center. Hydroid presented the Directorate with a plaque on September 12, 2018 recognizing its commitment to excellence in AUV service and technical expertise.Through the Royal Netherlands Navy’s investment in facilities, security and diagnostic equipment, and commitment to training technical staff, the Directorate of Materiel Sustainment has integrated AUV support into their service center in Den Helder for the maintenance and repair of Hydroid REMUS 100 vehicles and ancillary equipment.This local capability will increase operational availability for the Royal Netherland’s Navy. The team of technical staff at Den Helder offers first-line technical and field support, ensuring more successful deployments.“Hydroid is so pleased to have the Directorate of Materiel Sustainment as an authorized service and support center in the Netherlands,” said Maureen Kelly, customer service manager at Hydroid. “Since the first delivery of a REMUS system to the Netherlands in 2005, the Royal Netherlands Navy has worked with Hydroid Europe to set a goal of providing depot-level support. Through their investment in their facilities and training courses, the Royal Netherlands Navy has accomplished that. Having reviewed their maintenance capabilities firsthand, I am confident the Directorate shares Hydroid’s commitment to product excellence and operational availability of equipment.”last_img read more

Little line takes Gottschalk to big Fall Nationals payday

first_img“We’ve been trying some new things,” he said. “We threw the kitchen sink at it and everything worked.”  Bradyn Blackhart, Billt Turner and Ted Trumbo ran third through fifth, respec­tively. “We broke last year at Fall Nationals and DNF’d,” said Gottschalk, who started seventh this time around and wheeled a Slider Chassis. “This year we found some extra speed. This was our last race of the season and we’re ending on a high note.”  A caution late in the 40-lapper helped open the door as Gottschalk topped the $5,000 Saturday night main event. Once in front, he pulled away on the white flag circuit and took the win half a se­cond ahead of Black, who’d raced his way up from 14th starting. Laney, Jeff Taylor and defending race winner Jordan Grabouski completed the top five. HAYS, Kan. (Oct. 5) – After finding a little line, Daniel Gottschalk took the big check at RPM Speedway’s Fall Nationals. Nichols’ $3,000 win came from ninth on the original grid. He made a beeline to­ward the front from the bottom groove and had the lead before halfway. Bencken had to come out of a last-chance race, started 14th and completed his charge to the front following a restart near midway. The Fall Nationals crown was his second consecutive and third in four years. Other Saturday night winners at Hays were Mike Nichols, for the fifth time in the IMCA Sunoco Stock Cars; Cody Thompson in the Northern SportMods; Brady Bencken, for the third time in the IMCA Sunoco Hobby Stocks; and Toby Schwien in the Mach-1 Sport Compacts.  Daniel Gottschalk took $5,000 to the bank after winning the IMCA Modified main event at RPM Speedway’s Fall Nationals. The season-ending victory put him on the ballot for the 2020 Fast Shafts All-Star Invitational. (Photo by Carl Larson) Sport Compacts – 1. Toby Schwien; 2. Chris Destefono; 3. Bradyn Blackhart; 4. Billy Turner; 5. Ted Trumbo; 6. Alison Bird; 7. Robert Clanton; 8. Madison Reed; 9. Brianna Maughlin; 10. Zachary Cardwell; 11. Otto Schutte; 12. Weston Groth; 13. Monte Honas; 14. Tim Bouchey. Thompson passed defending race winner Blaine Walt for the lead.  Stock Cars – 1. Mike Nichols; 2. Troy Burkhart; 3. Hesston Shaw; 4. Casey Woken; 5. Eric Rempel; 6. Daniel Hilsabeck; 7. Barrett Wagoner; 8. Jason Rog­ers; 9. Tyler Tipton; 10. Kyle Pfeifer; 11. Dominic Thyfault; 12. Colin Heim; 13. Mark Zorn; 14. Bryan Rigsby; 15. Mike Petersilie; 16. Michael Pepper; 17. Jer­emy Zorn; 18. Sterling Sorensen; 19. Adam Goff; 20. Tanner Portenier; 21. Tren­ton Kleweno; 22. Derrick Brown; 23. Dusty Blake; 24. Jordan Grabouski. After starting on the front row, breaking and not completing a lap at each of his last two Fall Nationals, Thompson made the most of the topside in getting from row three to the front of the $2,000 to win Northern SportMod headliner. center_img Feature Results Walt, Shay Simoneau, Tyler Watts and Luke Stallbaumer were next across the line. Northern SportMods – 1. Cody Thompson; 2. Blaine Walt; 3. Shay Simoneau; 4. Tyler Watts; 5. Luke Stallbaumer; 6. Lance Borgman; 7. Hunter Longnecker; 8. Tony Gregg; 9. Cory McGann; 10. Kelly Henderson; 11. Josh Everhart; 12. Jasen Gray; 13. Arie Schouten; 14. Bryan Bowers; 15. Patrick Donovan; 16. Lance Yox­simer; 17. Jacob Olmstead; 18. Dillon Schultz; 19. Matt Firme; 20. Monte Nordyke; 21. Adam Weber; 22. Clayton Feik; 23. Shannon Maughlin; 24. Ryan Kirchoff. Schwien was the $400 Mach-1 Sport Compact winner, outrunning the 13th start­ing Chris Destefono. The Fall Nationals win was Gottschalk’s career second. He’d also paced the Karl Kustoms Northern SportMods in 2016.  “Winning this race back-to-back, especially after starting 14th, is awesome,” he said. “With luck and people to help you, that’s what it takes.” “I didn’t know if I had a chance midway through but I found a little line and made it work,” said Gottschalk, who passed Tanner Black and Cody Laney for the Fast Shafts All-Star Invitational ballot qualifying victory. “I don’t get real emotional but that was probably the most excited I’ve ever been after taking the checkered flag.” Runner-up was Troy Burkhart. Hesston Shaw, Casey Woken and Eric Rempel were scored next. “Every restart I concentrated on hitting my marks,” he said. This is probably one of the biggest races I’ve won.”  Modifieds – 1. Daniel Gottschalk; 2. Tanner Black; 3. Cody Laney; 4. Jeff Taylor; 5. Jordan Grabouski; 6. R.C. Whitwell; 7. John Hansen; 8. Tripp Gaylord; 9. Ed­die Belec; 10. Clay Sellard; 11. Jacob Hobscheidt; 12. Marlyn Seidler; 13. Casey Arneson; 14. Justin Gregg; 15. Jared Hoefelman; 16. Jeremy Frenier; 17. Bren­don Gemmill; 18. Jimmy Reeves; 19. Steven Bowers Jr.; 20. Ethan Braaksma; 21. Kyle Rohleder; 22. Clay Money; 23. Anthony Roth; 24. Dylan Sherfick.  Hobby Stocks – 1. Brady Bencken; 2. Cody Williams; 3. Taylor Huss; 4. Leevi Runge; 5. Mike Kennedy; 6. Brendon Stigge; 7. Tony Slothower; 8. Josh Barn­hart; 9. Drew Barry; 10. Tanner Jones; 11. Michael Wade; 12. Brooke Russell; 13. James Hart; 14. Trevor Schmidt; 15. Brian Stich; 16. Hunter Wergin; 17. Zach Olmstead; 18. Nate DeSive; 19. Curt Kennedy; 20. Landon Runge; 21. Tathan Burkhart; 22. Tristan Grape; 23. Connor Hansen; 24. Austin Rhoades. The $1,500 win came ahead of Cody Williams, Taylor Huss, Leevi Runge and Mike Kennedy. He’d also won Fall Nationals in 2008, 2012, 2013 and 2017.last_img read more

Arsenal, Leeds, Everton battle for €40m Dennis

first_imgRelatedPosts Fulham keen on Lookman loan deal Runarsson joins Arsenal on four-year deal Arsenal, Wolves want Michael Olise Arsenal, Leeds and Everton are all interested in Club Brugge forward Emmanuel Dennis, according to a report.Dennis has risen to prominence over the past three seasons with Club Brugge, for whom he scored two goals in the Champions League in 2019-20, as well as five times in the Belgian top flight. Capable of playing anywhere across the attack, Dennis has now emerged as a transfer target for several top European sides.Marcelo Bielsa’s Leeds United want attacking reinforcements after missing out on Jonathan David, and Dennis is one of his main alternative targets.According to reports, Leeds will face competition from several European heavyweights – including Premier League duo Arsenal and Everton.Club Brugge however have slapped the sum of €40 million on Dennis.The striker has scored 27 goals in 96 games for them, leading to his high valuation. Arsenal, Everton and Leeds are all in the running to sign Dennis, says the report.But they will have to fend off interest from Inter Milan, RB Leipzig and Bayer Leverkusen.The report adds that Manchester United were also mulling over a move, but have since backed down in the race to sign the Nigeria forward.Dennis remains keen on moving to a club who will be playing in the Champions League next season, though. That may give Inter or Leipzig an advantage.Tags: ArsenalClub BruggeEmmanuel DennisEvertonLeedslast_img read more

Deulofeu raring for league start

first_img That Barcelona were prepared to allow one of their great hopes to move to Goodison Park for the season was seen as a coup for Martinez. And it appears officials at the Nou Camp are more than satisfied with the progress being made. “There is a different approach when you have young players who have not played in this league and need a period of adaptation,” said the Toffees boss. “Barcelona were pleased with that and felt that was what he needed – they think so highly of him they were prepared to accept whatever was needed for him to flourish and become the player we know he can be.” Deulofeu had his first taste of a Merseyside derby last weekend when he was the surprise replacement for the injured Leighton Baines five minutes after half-time. Martinez had two defenders on the bench but opted to switch midfielder Gareth Barry to left-back and throw his young attacker into the fray, which corresponded with their best passage of play as they came from 2-1 down to lead 3-2 before Daniel Sturridge’s 89th-minute equaliser. It may have been viewed by observers as a bold decision but it undoubtedly contributed to one of the more thrilling cross-city encounters of recent years and served as an example of the mentality Martinez brought to the club after his summer arrival. “We always want to win, and that will never change,” said the Toffees boss. “The most important aspect is that the players are not shocked by it. “We work in a certain way so the players are ready for it, and they understand it and everyone is aware of what is expected of each individual to make sure the team is balanced. “They know how to adapt, how to be well-balanced and that mentality of scoring goals and controlling games will always be successful over 10 months of games. “The team is ready to make those sort of changes. They are brave changes but they are controlled changes.” Baines could be sidelined for up to six weeks with a broken toe but Everton will not be opening talks over a new contract despite speculation linking Manchester United with another attempt to sign the England international after a failed summer bid. “The injury doesn’t change anything,” said Martinez. “All our plans have always been the same. We want to have Leighton for the long term and that will never change. “The injury is a set-back but we will use it to regenerate him, to give him a bit of a breather. “It is a period we are going to use in our favour but in terms of his contractual situation it will never change what our thoughts were and our strategy behind the scenes.” On-loan Barcelona forward Gerard Deulofeu is champing at the bit for a run in the first team after manager Roberto Martinez admitted the youngster has exceeded his expectations Martinez did not expect the teenager to be competing for a place in his starting line-up until the new year as he adapted to a new country but he is now making a strong case. “His progress has been quicker than I expected,” said the manager. “His talent is there for everyone to see; he is an exciting footballer and when you see him on the ball you know something is going to happen. “It was always going to be the case adapting to the British style and physicality of the league would take a few months but I never expected him to be ready to play in the league until January or February. “It was a shame we were knocked out of the Capital One Cup because I thought that was a perfect introduction for him into the British game. “It is safe to say Gerard has exceeded my expectations in terms of how quickly he has adapted and has become someone very important to the side. “He has already played big chunks of games and has had a big impact. “He has surprised us all and he has started to get frustrated to not start a game and that is fantastic.” The Catalan prodigy has made 10 appearances this season but his only two starts have been in the Capital One Cup, which the Toffees exited in September. But after a string of exciting performances coming off the bench, the 19-year-old is at the stage where he wants to be included from the off. Press Associationlast_img read more

Former President Obama: The world would be a better place if every country was run by women

first_imgFormer President Barack Obama said Monday that “the world would be a better place if every country was run by women.”“Now women, I just want you to know you are not perfect, but what I can say pretty indisputably is that you’re better than us,” the two-term president said at an Obama Foundation event in Singapore.“I’m absolutely confident that for two years if every nation on earth was run by women, you would see a significant improvement across the board on just about everything… living standards and outcomes,” he told the crowd.Obama, who served as president between 2009 and 2017, also told the Singapore audience that the world’s problems were caused by “old men not getting out of the way.”“If you look at the world and look at the problems it’s usually old people, usually old men, not getting out of the way,” Obama said, as reported by BBC.“It is important for political leaders to try and remind themselves that you are there to do a job, but you are not there for life, you are not there in order to prop up your own sense of self importance or your own power,” he continued.The remarks will surely be seen as a betrayal to former vice president Joe Biden who served faithfully under Obama for eight years but is still yet to receive an endorsement from him. Perhaps Obama is signaling a third presidential run for Hillary Clinton.Biden, 77, earlier this month claimed he didn’t need Obama’s help, telling reporters: “Everyone knows I’m close with him. I don’t need an Obama endorsement.”But the former Delaware senator is lagging in key states such as Iowa ahead of its Feb. 3 nominating contest and has not raised the same campaign funds as other top-tier candidates.last_img read more

Yvette D. Clarke Says House of Representative Has Enough Votes to…

first_imgYvette Clarke NEW YORK, CMC – Caribbean American Democratic Congresswoman Yvette D. Clarke says the US House of Representatives has enough votes to impeach President Donald Trump, as efforts continue in the impeachment probe.“In all likelihood, we have the votes,” Clarke, the daughter of Jamaican immigrants, told the Caribbean Media Corporation on Saturday, stating that 236 members of the House of Representatives have “indicated that they support the inquiry.”A simple majority vote by the full House of Representatives, where Democrats outnumber Republicans 235-198 (in addition to one independent and one vacant seat), would be required to impeach Trump, according to the US Constitution.At present, six US House of Representatives’ committees are probing Trump’s alleged misconduct that could result in impeachment. Clarke, the representative for the 9th Congressional District in Brooklyn, New York, said, while Democrats are confident of the votes to impeach Trump, they are going through the formality. “The committees have subpoenaed witnesses,” she said. “Then, it’ll (process) eventually move to the floor (for the vote on impeachment).“It’s a matter of building the case,” Clarke added. “We are making sure that the American people are fully informed (about Trump’s alleged wrongdoings).”If the House votes to impeach the president, the articles of impeachment go to the Senate for trial, at which the chief justice of the US Supreme Court presides, the US Constitution states.It says that two-thirds of the members of Senate are required to convict the president. If he’s convicted, he’s removed from office.However, Trump may have history on his side, because no previous impeachment inquiry has resulted in a conviction in the Senate. Former US presidents Bill Clinton and Andrew Johnson were acquitted in the Senate.  Former President Richard Nixon resigned before the House voted on impeachment.Speaker of the US House of Representatives Nancy Pelosi, Democrat of California, on September 24, initiated an impeachment inquiry against President Trump in the wake of revelations that Trump and top administration officials had allegedly put pressure on leaders of foreign countries, primarily Ukraine, aimed at advancing the president’s personal interests.A whistleblower report, which has implicated Trump’s personal lawyer Rudolph Giuliani and US Attorney General William Barr, has alleged widespread abuse of power and cover-up by Trump and his administration.The report also alleged that Trump and Giuliani pressured the Ukrainian Government to probe former US Vice President Joe Biden and his son, Hunter. Joe Biden is among the leading Democratic candidates for the 2020 US Presidential Election.last_img read more