LATEST STORIES It’s too early to present Duterte’s ‘legacy’ – Lacson Jake says relationship with Shaina ‘goes beyond physical attraction’ Margot Robbie talks about filming ‘Bombshell’s’ disturbing sexual harassment scene New Orleans Pelicans forward DeMarcus Cousins goes to the basket against Cleveland Cavaliers guard JR Smith (5) in the first half of an NBA basketball game in New Orleans, Saturday, Oct. 28, 2017. (AP Photo/Gerald Herbert)NEW ORLEANS — DeMarcus Cousins came to the bench for the final time as the crowd rose to its feet. He exchanged high fives with Pelicans teammates and fans on the baseline, then motioned to the crowd with his raised right hand to keep the adulation coming.If Cousins, Anthony Davis and Jrue Holiday keep playing the way they did against LeBron James’ Cavaliers, there will be plenty more scenes like that.ADVERTISEMENT “We were playing with a lot of confidence. Guys were shooting their shots, not thinking twice about it,” Love said of the Cavs’ third-quarter surge to a brief 73-72 lead. “When we play like that, we’re tough. We just haven’t put together a good 48-minute span.”Cousins’ three-point play on a driving layup and Holiday’s 3 were bookends of a 12-2 run that put New Orleans back up by nine, and the Pelicans never trailed again.Love briefly left the game after falling to the floor, clutching his left knee under the basket. He returned in the fourth quarter, but the Pelicans put the game away with a 13-3 run, capped by Holiday’s fourth 3-pointer, which made it 108-89.“They’re a tough team to defend,” Love said.TIP-INSCavaliers: Although Rose previously sounded optimistic that his left ankle sprain would be healed enough to play in New Orleans, coach Tyronn Lue said before the game that Rose was still in pain. “I don’t know about a setback, but he still had soreness this morning when he tried to warm up,” Lue said. … Lue added that he inserted the 6-foot-5 Iman Shumpert in the starting lineup against New Orleans because he felt that was the best option for defending the 6-4 Holiday.Pelicans: Newly acquired F Josh Smith made his debut late in the first quarter for his first NBA action since the 2015-16 season. He made his only shot and grabbed two rebounds in a little less than seven minutes. … The Pelicans finished 13 of 31 (41.9 percent) from 3-point range.NO PANICJames, Love and Wade all said Cavs are unhappy with their recent play, but aren’t about to overreact after six games.“We know we have to get a lot better. We’re frustrated,” Love said. “But in no way are we going to panic.” View comments “We’re still learning how to play with one another, but the ball movement’s been good lately. Defensively, we’ve been good.”Cousins mostly scored on powerful inside moves, once dribbling through three converging defenders. He also tossed in the sporadic 3. Davis provided his usual mix of decisive spot-up jumpers and crowd-pleasing dunks, either on the break or crashing the boards for put-backs. Holiday complemented penetrating dribble drives with four 3s.“We’re going to be a special team,” Davis said. “We don’t feel it. We know it.”Kevin Love had 26 points and 11 rebounds for the Cavs, who were without Derrick Rose and trailed most of the game. James had 18 points and Dwyane Wade 15 for Cleveland, which has lost three of four.After trailing by 13 at halftime, Cleveland briefly appeared to be taking control with a 21-7 run during which Love hit three 3s, grabbed four rebounds and added an assist.ADVERTISEMENT Coco’s house rules on ‘Probinsyano’ set MOST READ Jo Koy: My brain always wants to think funny Bellinger, Dodgers top Astros to tie World Series 2-2 Cousins had 29 points, 12 rebounds and 10 assists, and the Pelicans pulled away for a convincing 123-101 victory over Cleveland on Saturday night.“I enjoy winning. Don’t you?” Cousins said when asked about his interplay with the jubilant crowd. “If we play like this on a nightly basis, we’ve got a very good chance of being the team that we want to be.”FEATURED STORIESSPORTSRedemption is sweet for Ginebra, Scottie ThompsonSPORTSMayweather beats Pacquiao, Canelo for ‘Fighter of the Decade’SPORTSFederer blasts lack of communication on Australian Open smogDavis added 30 points, 14 rebounds and three blocks to help New Orleans win for the third time in four games. New Orleans’ All-Star frontcourt tandem had help from the backcourt, too, with Holiday scoring 29 points and E’Twaun Moore 24 as the Pelicans shot better than 53 percent.“We’re locked in as a unit. We feel like we can battle with the best of them. We’re starting to understand what it takes to win games,” said Cousins, who’s played in only 22 games with Davis since the trade that brought Cousins from Sacramento after last season’s All-Star Game. Kiss-and-tell matinee idol’s conquests: True stories or tall tales? Jake says relationship with Shaina ‘goes beyond physical attraction’ Don’t miss out on the latest news and information. Carpio hits red carpet treatment for China Coast Guard PLAY LIST 02:14Carpio hits red carpet treatment for China Coast Guard02:56NCRPO pledges to donate P3.5 million to victims of Taal eruption00:56Heavy rain brings some relief in Australia02:37Calm moments allow Taal folks some respite03:23Negosyo sa Tagaytay City, bagsak sa pag-aalboroto ng Bulkang Taal01:13Christian Standhardinger wins PBA Best Player award Coco’s house rules on ‘Probinsyano’ set OSG plea to revoke ABS-CBN franchise ‘a duplicitous move’ – Lacson Pelicans: Host the Orlando Magic on Monday night.Sports Related Videospowered by AdSparcRead Next Wade, meanwhile, recalled Miami’s middling start when he and James first became teammates there in the 2010-11 season.“It just takes time to get that continuity,” Wade said. “At some point, we’ll get tired of being a .500 ball club.”EARLY PUSHMoore, who is starting while New Orleans awaits the recovery of Rajon Rando from a preseason core muscle injury, helped the Pelicans build an early double-digit lead. He hit his first five shots — three of them from 3-point range — and the last of those made it 40-27 early in the second quarter.WADE’S NEW WORLDWade came off the bench for a second straight game, but didn’t seem to mind.“I like the role that coach has me in,” Wade said. “Put the ball in my hands, allow me to make plays, allow me to score and attack and be myself.”He looked fine after missing one game with a left knee bruise. He drove past Holiday for one, soaring two-handed dunk and also set up a graceful floater with a behind-the-back move.UP NEXTCavaliers: Host the New York Knicks on Sunday night.
“The Measles Immunization Program was delayed due to the outbreak of the deadly Ebola virus that led to thousands of deaths. Parents must now be very serious in ensuring that their children take the measles immunization to avoid risks,” Mr. Clarke stressed. Mr. Adolphus Clarke is the Deputy Program Manager for the Expanded Program on Immunization (EPI). He noted that the exercise is geared towards protecting children against future outbreaks of the disease. He named Lofa, Montserrado and Margibi as the counties mainly affected by measles, and called on parents and guardians to turn out for the immunization. He made the call over the weekend at the Ministry of Information’s daily Ebola press briefing in Monrovia. Clarke revealed that as a result of the growing number of un-vaccinated children in the country, the ministry began its first round of periodic and routine immunization in December 2014 with an estimated 500,000 children targeted. He said the second round, which started February 1-6, registered a low turnout due to the misconception that the vaccination program was part of the ongoing Ebola vaccine trials launched in collaboration with the Ministry of Health. Clarke indicated that the Ministry of Health vaccinated only 30 percent of the estimated 500,000 children that were targeted, adding that, “The third phase of immunization will target the remaining 70 percent of the children.” According to him, Liberia is scheduled to participate in another vaccine campaign and the Ministry is working to ensure that Liberia participates in it.Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window) An official of the Ministry of Health is encouraging all parents and guardians to take their children for the third phase of the nationwide Measles Immunization Program, to be launched from April 10-16 in all 15 counties.
The controversial US$536M ETON Finance loan agreement and the US$426M EBOMAF loan agreement sailed through the House of Representatives (pictured)Questions remain unanswered about GOL loan guaranteesForty-eight members of the House of Representatives in its 34th day sitting yesterday, Tuesday, June 5, ratified the US$536.4 million Loan Agreement, and forwarded it to the Senate for concurrence, although questions still remain unanswered about what guarantees are being offered by the Government in return for the loan..It was reported that the loan would be ratified on Thursday, but was unanimously approved in Tuesday’s session instead. The Agreement was signed between Eton Finance PTE Limited and the Government of Liberia (GoL).The Lower House unanimously approved the US$536.4 million Loan Agreement following a report from the Joint Legislative Committee on Ways, Means, Finance and Development Planning and the Judiciary, which was signed by all 22 members of the Joint Committee.The Joint Committee said the ministries of Finance and Development Planning (MFDP), Public Works (MoPW), Justice, a Civil Society Movement that includes the general public, who were invited to the public hearing, affirmed their explicit confidence in the Eton Financing Loan Agreement proposed by President George Weah in the amount of US$536.4 million with an interest rate of 1.46 percent per annum.The committee said the payment of said amount commences after seven years of the Loan Financing Agreement (Operation Date) and for the purpose of the construction of the Buchanan-Cestos City, Greenville-Barclayville, the Barclayville-Sasstown, the Barclayville-Pleebo, the Medina-Robertsport and the Tubmanburg-Bopolu roads.It added that there will also be the construction of rest stops and roadside service areas; the construction of a vocational training center in Greenville, Sinoe County; the construction of mini soccer (football) stadiums in Harper, Maryland County, Barclayville, Grand Kru County; Greenville, Sinoe County; Cestos City, River Cess County; Zwedru, Grand Gedeh County; Robertsport, Grand Cape Mount County and Bopolu, Gbarpolu County.“It is expected that construction period will be within 48 months from the day of commencement, which begins three months after the deposit of the first trench of the loan into the Central Bank of Liberia,” the committee said.“Mr. Speaker and distinguished colleagues, the proposed Coastal Corridor Road Projects submitted to the Legislature by the President in the wisdom of the Joint Legislative Committee on Ways, Means, Finance and Development Planning and Judiciary is timely and from all indications expressed the wishes of the Liberian people in terms of actualizing the GoL’s ‘Pro-poor Agenda’ under its social infrastructure development,” the committee said.The Plenary of the House of Representatives has already voted to forward the US$420.8 million EBOMAF SA Loan Agreement to the Joint Committee on Ways, Means, Finance and Development Planning and Judiciary. The Joint Committee is expected to hold public hearings on Wednesday, and the loan would be approved Thursday, June 7.Members of the House of Representatives voting for the passage of the loanMeanwhile, there are strong concerns that the public still remains virtually in the dark about what kind of collateral (sovereign guarantee) is being offered to the providers of the credit should in case the Liberian government default on the loan. Although there are hints that the Central Bank of Liberia guarantee the loan, many analysts are of the view that the Central Bank of Liberia which is reportedly heavily indebted to local commercial banks on whose reserve requirements the Bank is said to have made draw downs, may not be in the position to guarantee the loan.Such concerns including the financial viability of the relatively unknown Eton Finance according to a University of Liberia professor, are being downplayed by government officials Especial mention is made of Justice Minister, Musa Dean who has scoffed at the idea that this Eton finance company does not even have a website as is expected of a financial institution offering such a colossal sum of money as loan to the government of Liberia.Many have also expressed fears that the Wologisi iron ore deposits estimated to be worth over a billion dollars may very well be mortgaged to Eton Finance in similar fashion as done by former President Sirleaf with the Western Cluster ore deposits. Exclusive exploration and mining rights were awarded to the Elenito company which according to some was hitherto a scrap dealership.Whatever the case, the deal to secure the loan appears sealed apparently with its endorsement by the House of Representatives which has now forwarded it to the Senate for concurrence. Whether the Senate will pass on it as expected remains to be seen. Observers however say unlike former President Sirleaf who usually got her way through coercion and financial inducement with the case of Exxon Mobil payout to NOCAL officials being a case in point, President Weah may not as yet be as adept as his predecessor but may very well master the ropes in a not too faraway time.Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)
A day after employees attached to bauxite mining company Bosai Minerals Group Guyana Incorporated in Linden, Region 10 (Upper Demerara-Berbice) downed tools over disagreements stemming from a proposed wage increase, the company and the workers’ union have agreed to a seven per cent across the board increase for two years.Some of the workers who were on strike on Wednesday at Bosai, Linden, Region 10 (Upper Demerara-Berbice)More than 60 employees, mainly operators attached to the East Montgomery Mines location, downed tools on Wednesday, as they joined others at the north gate of the company in peaceful protest over the previously proposed 6 and 6.5 per cent increase.According to the disgruntled employees, based on the offer, they would have been paid a six per cent increase if they agreed to this amount for one year, or a 6.5 per cent increase if they agreed to it for a period of two years.This, the employees had contended, was totally unacceptable. They noted that they were seeking an increase of eight or nine per cent.However, Guyana Times understands that the National Association of Agricultural, Commercial and Industrial Employees (NAACIE) Union met with the company on Thursday, and an agreement was reached. This was confirmed by Bosai Senior Personnel Officer Truedel Marks, who said that a full complement of staff is expected back today.“We have reached agreement. The strike has ended; we expect full resumption tomorrow (Friday) at 7. We have decided to pay seven per cent across the board. There were some increase in their shift allowance, shift premiums and sick leave benefits,” Marks told this publication on Thursday. She added that the company and the union were also expected to sign an agreement at the Labour Department.It is understood that a majority of the workers have agreed to the decision; however, several employees told this publication that the decision was not an easy one. According to an employee, they were informed by the company that if an eight per cent increase was granted, it would have to retrench all of its casual workers and apprentices to accommodate the nine per cent being sought.Meanwhile, Guyana Agricultural and General Workers’ Union (GAWU) Divisional Chairman Whitney Graham said the majority of the workers and the Union agreed to the decision. “We agree with it and before the end of the month, the workers would be paid. For the most part, the majority of the workers agreed and the Union agreed with it,” he stated.Some of the employees who were in disagreement spoke to this newspaper.“It wasn’t my heart’s desire because truly speaking, I personally think the company could make it … they’re reaping the sweet of this country and don’t want to do anything for workers as far as I’m concerned and I think somebody in the Government needs to stand up for the working class in this country,” the employee contended.Back in 2016, the employees had also protested an across-the-board increase of 4.5 per cent while the offer was at the negotiations stage, as they aimed for a nine per cent increase.
Two armed men on Friday robbed and terrorised a Yakusari North, Black Bush Polder, Berbice, businessman after which they escaped with cash and other valuables. The businessman Jhodan, 71, who operates a service station, drinking spot and general store was severely beaten and left in his shop after the ordeal. He reportedly lives alone.The man was reportedly found lying in a pool of blood with his hands bound and mouth gagged by a resident who went to the general store to make a purchase.The bandits were armed with cutlass and a knife. The Police were contacted but no arrests were made.This newspaper understands that the bandits are said to be teenagers.Only on Thursday evening last bandits stormed the Hing Fa Chinese Restaurant in Newtown, Kitty, Georgetown, and carted off an undisclosed sum of money. The robbery reportedly occurred at about 23:30h.Based on reports, the men confronted the owner as he stood outside and held him at gunpoint. They dragged him into the restaurant and demanded that he hand over the money. He was severely beaten and subsequently handed over an undisclosed sum of cash and other values.These robberies were executed even as police reported that serious crimes had dipped by 17 per cent.The Police also noted that there were decreases in gun-related robberies and others where instruments other than guns were used.
…days after rehabilitation works commenceEven though residents were reassured that the dilapidated stelling at Leguan, Essequibo River, would be upgraded to its required standard, yet another section of the stelling has collapsed, inconveniencing residents in the area.The collapsed section of the stellingGuyana Times understands that part of the structure collapsed at about 15:00h on Monday.When contacted, the Public Infrastructure Ministry confirmed that it had received reports of the destruction while noting that a statement on the issue will be released today.A resident in the area, Hans Buer, briefly told this publication that the contractors were at the scene assessing the damage since some rehabilitation works have only begun sometime last week.“The contractor is already on the stelling because they started last week with some rehabilitation of the stelling”, he added.Just last month, Minister David Patterson assured commuters that works on the deteriorating structure would commence since residents have reported collapses in other sections.Back in September 2018, the Government revealed that a contract, to the tune of $413.2 million, was awarded to Maraj Contracting Services.Construction work was slated to commence this year since the stelling is the main entry and exit for persons living on the Island.The project came on the heels of outcries from residents on the island in the Essequibo River on the state of the facility.This newspaper had previously visited the stelling, where it was observed that the timber planks supporting the stelling have rotted, making residents fearful since heavy vehicles traverse the stelling.In addition, the decking was observed to be loose and uneven, with rails having no support at certain sections on the ramp.
Crews responded to the blaze just after 6:30 p.m. Tuesday.Large amounts of smoke can be seen coming from four of the six bays of their largest shop.The RCMP and Fire Departments have the frontage road in front of Raven Oilfield Rentals blocked in both directions.- Advertisement -We will update the story as we get more information.If you have any pictures or video from the fire you’d like to share, email firstname.lastname@example.org
Story Links MALIBU, Calif. – Drake men’s tennis Vinny Gillespie continued action at the Oracle ITA Masters on Friday. Mixed Doubles Draw Consolation Draw Gillespie began his day completing in the mixed doubles draw with Wichita State’s Gabriela Porubin. The duo opened the draw with a win Winthrop’s Lauren Procter and North Florida’s Jack Findel-Hawkins, 6-4, but fell to the No. 1 seed Lee/Rinderknech (MSU//A&M), 6-2, in the second round. Gillespie closed out his day with a 6-1, 7-6 victory over UC Davis’ Alec Adamson to advance to the quarterfinals of the consolation draw. Gillespie will square off against Baylor’s Max Tchoutkian on Saturday in the quarterfinal of the consolation draw. Print Friendly Version
8 October 2013Assets held by South African life insurers grew to R1.8-trillion in the first half of this year, representing a 5% increase from the R1.7-trillion held at the end of 2012, the Association for Savings and Investment South Africa (Asisa) announced on Monday.Releasing the half-year statistics for the country’s long-term insurance industry, Asisa deputy CEO Peter Dempsey said the industry’s assets continued to exceed its liabilities by more than triple the legal reserve buffer required by the Financial Fervices Board.Considered against the International Financial Reporting Standards (IFRS), the life industry’s assets exceeded its liabilities by more than four times – a clear sign that the industry remained “healthy and well positioned to honour future benefit payments to policyholders,” Dempsey said in a statement.Premium growthIn the first half of the year, South Africa’s life industry paid R155-billion in benefits to policyholders, beneficiaries, and pension fund members as a result of death and disability claims, maturity pay-outs and pension, annuity and other payments – 27% more than the R121-billion paid out in the second half of last year.At the same time, according to the association, total new premiums for the first six months of 2013 amounted to R47.5-billion, a healthy 10% increase over the R44.7-billion collected in the previous half-year ended December 2012.In the first six months of the year, South African consumers took out just over 5-million new individual risk and savings policies, paying monthly premiums of R8.6-billion, the association said.Individual recurring (monthly premium) business typically consists of endowments and retirement annuity funds, as well as life, disability, dread disease and income protection policies.Dempsey noted that recurring premium income for the period grew by 3% for risk policies, retirement annuities and endowment policies. Credit life policies, however, experienced a 23% decline in premium income in the first half of 2013, resulting in an overall 2% decline for total recurring premiums.Single premium policies (investment policies, living annuities, compulsory annuities, retirement annuities), on the other hand, showed strong growth in the first half of the year, with consumers buying just over 95 000 single premium policies between January and June worth premiums of R39-billion – a 13% growth in new single premiums.Surrenders and lapsesAccording to Isasa, the value of surrendered policies increased by 18% from R22.4-billion in the second half of 2012 to R26.4-billion in the first half of 2013.A policy is surrendered when a policyholder stops paying premiums and withdraws the fund’s value before maturity. Only savings and investment policies can be surrendered, and the policyholder is then paid the fund value less any unrecovered costs.Dempsey said the value of surrendered policies should seen in the context of the total value of in-force policies – a large portion of the life industry’s R1.8-trillion assets – and not just the new investment business written.He said the increase in surrender values did not come as a surprise, given the state of the economy, the relentless increases in the fuel price and subsequently consumer goods, and job losses.“While it is understandable that consumers will tap into their investments when they are no longer able to make ends meet, we need to caution policyholders against cashing in their policies unless this is a last resort, since it is almost impossible to make up the value lost in later years.”Changing face of the industryDempsey noted that the half-yearly statistics showed a definite trend towards new-generation linked policies.The values of linked policies are linked to the market value of their underlying investments, and do not offer guarantees. As a result, their cost structures are different from those of old-generation policies.“Over the last seven half-yearly reporting periods there has been a consistent shift towards linked policies, to the point where these policies now make up 47% of all policies,” he said.“At the current rate of growth, we expect linked policies to exceed non-linked policies within the next year.”SAinfo reporter
Share Facebook Twitter Google + LinkedIn Pinterest Be sure to check out the Ohio State Fair Draft Horse and Draft Pony Show Aug. 3-7, 2015. Draft horses and ponies from all across the country will visit Ohio to compete in classes throughout the week.In addition to the traditional halter and hitch classes, two new classes will be held. A new class will be held on Wednesday night of the show for pleasure driving horses. During the halter portion of the show, a supreme halter champion will be chosen from among the draft horses this year.Watching the draft horse and pony show is always a fun and exciting way to take a break from walking the fairgrounds and cool off. Make sure you visit the Coliseum to see these horse in action during the fair.