THE people of Drimarone were celebrating some festive cheer today after being given a €240,000 government grant.Dinny McGinley TD, Minister of State at the Department of Arts, Heritage and the Gaeltacht, welcomed the confirmation from his colleague, Phil Hogan that approval has been given Donegal Local Development Company to approve funding for Drimarone Development Association.The funding approval is for €240,000 and this will be used to develop a community recreational park with a children’s playground, multi-purpose recreational area, and car parking. Minister McGinley commented: “This is great news for the community at Drimarone. This is an excellent project which will be of real benefit to the community, young and old, and I welcome the approval to move ahead from Minister Hogan.“I hope that the Board of Donegal Local Development Company can give the final approval for this project as soon as possible so the project can move forward without delay.” DELIGHT AS DRIMARONE TO GET NEW €240,000 PLAY PARK was last modified: December 20th, 2012 by BrendaShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window) Tags:000 PLAY PARKDELIGHT AS DRIMARONE TO GET NEW €240
Liverpool manager Brendan Rodgers praised his players after their 4-0 hammering of Fulham.The Whites were totally outclassed at Anfield and have now won only one of their last 10 matches.“Every level of our game was fantastic. The quality of our football was terrific. I knew we would get a reaction today because of the honesty of the group,” Rodgers said.“We worked hard in the week. Tactically we were ready for the game and you could see that from the performance.“I thought Stewart Downing was brilliant. We had a conversation about six weeks ago of where he is at.“We talked about the fact that if he is not a regular then we will look at it January. Since then, he has been in the team and he has shown he is an important member of the squad.”More reaction to follow later. 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 Follow West London Sport on TwitterFind us on Facebook
Dubai-based Emirates has reduced its passenger fleet to two aircraft types after the retirement of its last Airbus A340 and A330 planes from active service.The move makes the Gulf juggernaut the world’s only airline to fly just Airbus A380 and Boeing 777 aircraft.Airlines try to minimise the number of aircraft types they operate to reduce costs in areas such as maintenance and spare parts as well as to try and standardise the passenger experience.Having a big fleet of any aircraft also gives a carrier additional clout with the manufacturer in terms of pricing negotiations and determining aircraft features.With 85 A380s and 160 B777s, Emirates is the biggest operator of both aircraft types.The just retired A330, A6-EAK, was the last of a fleet of 29 and had travelled almost 45 million kilometres — the equivalent of 60 return journeys to the moon — since it joined the fleet in 2002.The last serving four-engine A340, A6-ERN, had joined the fleet in 2004 and was one a fleet of five.“The average age of the Airbus A330 and A340 aircraft phased out from the fleet is 16.5 years —- a figure which is well below the industry standard retirement age of 25 years,’’ the airline said in a statement. “In addition to the aircraft that have been retired from active service since January 2015, Emirates plans to further phase out some 25 aircraft over the course of 2017 and 2018 to ensure that the operating fleet remains modern and efficient while offering customers a higher level of comfort and safety.’’Emirates says the retirement of the older aircraft will be balanced by younger, more modern aircraft entering the fleet and its average aircraft age will remain one of the industry’s youngest at 5.2 years.The 85th A380, the first of a new generation of a the superjumbos, and the airline’s 125th Boeing 777-300ER were delivered in the past two weeks and are among 36 new aircraft — 20 380sw and 16 777s — to be delivered to Emirates this calendar year.The order includes Boeing 777-300ER aircraft with upgraded business class seats and other features including a lower fuel burn ratio to come to be delivered from November.The airline has 234 aircraft worth over $US 112 billion on its order book, including 150 new Boeing 777X aircraft to be delivered from 2020. The new fuel -efficient 777s will sport composite wings and feature larger windows, higher ceiling, and a wider cabin.
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
A Chicago man who quickly accelerated in a sport utility vehicle with a cable around his neck decapitated himself after a domestic dispute in Yorktown, authorities said on Tuesday.Sheriff Danny Diggs said a deputy responding to a call of a domestic disturbance on Tuesday was taking a statement from the man’s ex-wife when another deputy driving by noticed an SUV pulling a utility trailer that was on fire. Authorities say the man started the fire.A firefighter noticed a cable around the man’s neck that was attached to a tree. When deputies tried to get the man to exit the SUV, he accelerated and was pulled from the vehicle and decapitated, they say.Diggs said he arrived at a grisly scene, adding the cable was of the type that could be used to hoist an automobile engine.”Nobody has ever heard of anything like this,” Diggs said. “It’s a really bizarre incident.”Diggs said the man and his ex-wife had quarreled over the man’s living arrangements.”He was looking to relocate from Chicago to this area, and he wanted her to do more than she was willing to do,” Diggs said.The sheriff said he was unsure how long the couple had been divorced. He said they have two school-age children who were not at home at the time.Diggs said officials aren’t releasing the man’s name because they don’t publicly identify suicide victims. However, officials said the man was 46 and from Chicago.
Manchester City’s players trudged off the field. Many fans left early. The final whistle was greeted with only a smattering of cheers.It was hardly the way the English club envisaged marking progress to the Champions League quarterfinals for the first time in its history.Another landmark feat for Abu Dhabi-owned City was achieved on Tuesday thanks to a lackluster 0-0 draw with Dynamo Kiev at Etihad Stadium, which sealed a 3-1 victory on aggregate. Progress came with little fanfare and at a cost, with captain Vincent Kompany hobbling off in the fifth minute with a recurrence of his long-standing calf problems that could keep him out for a month.”It was really satisfying to make history for this club,” City defender Pablo Zabaleta, although it was hard to tell by the end.Injuries to Kompany and fellow center back Nicolas Otamendi, who hobbled off in the 23rd after a clash of knees, were the major incidents in a soporific match as City advanced with the minimum of concern but without impressing, either.Kiev, seeking a first Champions League quarterfinal berth since 1999, needed to score three goals to stand a chance of advancing but barely threatened until creating a couple of opportunities in the final minutes. City’s reorganized defense stayed relatively solid and the team took few risks, with winger Jesus Navas striking a 61st-minute shot against the post for City’s best chance.”Unfortunately we have lost our match in Kiev,” Dynamo coach Sergei Rebrov said.Atletico Madrid beat PSV Eindhoven 8-7 on penalties to advance after the night’s other match finished 0-0 after both legs and extra time. City’s ownership in the Middle East has had tangible reward for their influx of cash since 2008 in the shape of five domestic trophies, including two Premier League titles. Yet progress beyond the last 16 in five seasons in the Champions League has eluded them – until now.advertisementCity will be hoping to avoid the likes of Bayern Munich, Real Madrid and Barcelona – should the Spanish champion advance, as expected, on Wednesday – as likely the only English club in Friday’s draw for the quarterfinals.”When you are at this stage, all the teams are difficult,” Pellegrini said. “I keep having in my mind that the team that it is better than all the other teams is Barcelona. I think all the other teams are at a similar level.”Aside from possibly Sergio Aguero, Kompany was the last person Pellegrini would have wanted to see come off injured given his importance to the team and the assuredness he brings to an often shaky defense. The Belgium international appeared to get hurt over-reaching as he turned to retrieve the ball under pressure. He immediately kicked the ball out before signaling to the bench and slumping to the ground.As he stared glumly in anticipation of a third injury layoff this season, the Etihad fell silent and groans were heard. City’s problems exacerbated when Otamendi indicated to come off in the 23rd as he thumped a clearance downfield. Minutes earlier, he had come off worse after a clash of knees with Vitaliy Buyalskiy and had been hobbling around.City, fortunately, had two center backs on the bench in Eliaquim Mangala and Martin Demichelis, who dealt adequately with Dynamo’s sporadic attacks.”We knew before the game that Dynamo had to score three goals to qualify,” Pellegrini said. “We didn’t want to force the game. Dynamo didn’t take any risks, also. But so many times I think this team receives criticism that we don’t know how to defend. I think we defended today without any problems.”