29 Sep

Dutch government fears losing UK as partner on EU pensions

first_imgOmtzigt had asked how the government would ensure it found new partners on the EU pensions dossier.In Klijnsma’s opinion, it was good that the review of the IORP directive had been completed, as it would provide clarity about European legislation during the coming years. The new IORP directive will be evaluated in six years’ time. However, the state secretary emphasised the importance of staying focused and keeping in touch with other EU member states, the European Commission, and the supervisor for the sector, the European Insurance and Occupational Pensions Authority. Omtzigt referred to an earlier statement by Gerard Riemen, director of the Netherlands’ Pensions Federation, who had also noted that the country would “lose a partner in Brussels” when the UK leaves.Riemen predicted that finding a new partner would be difficult, “because of the differences between the predominantly capital-funded Dutch pensions system and the pension arrangements elsewhere in continental Europe”.Earlier, Dutch pension funds had made clear they feared the uncertainty for investments and their funding that Brexit was causing. The Dutch pension fund assocation expressed concerns about the impact of Brexit on EU pension legislation negotiations even before the referendum last year. The Dutch government has added its voice to concerns from the country’s pension funds that the UK’s exit from the European Union will mean the loss of an ally on pension matters.  Jetta Klijnsma, state secretary for social affairs, has indicated that the cabinet fears losing a partner on the pensions dossier as a result of the UK leaving the EU. Answering questions in parliament last week, she said that Pieter Omtzigt, MP for the Christian Democrats (CDA), had rightly noted that the Netherlands’ best partner on pensions is to leave the EU.“This is a worrying development indeed,” she said.last_img read more

20 Sep

Football: Eagles fall to Maranacook; Bucksport to face Foxcroft

first_imgREADFIELD — The Ellsworth/Sumner football team’s inaugural season of eight-man play came to an end Friday night with a 44-12 loss to Maranacook in the large-school semifinals.After top-ranked Maranacook (9-0) took a 22-0 lead in the firstquarter, Ellsworth/Sumner fought back with two Connor Crawford touchdown runs to cut the deficit to 22-12 going into the half. Yet the Black Bears responded with three second-half touchdowns to put the game out of reach and send the fourth-ranked Eagles (3-6) to a season-ending defeat.Crawford rushed for 189 yards on 31 carries offensively and added five solo tackles and two assisted tackles on defense. The Eagles also got four solo tackles, one assisted tackle and an interception from J’Von James and four solo tackles and five assisted tackles from Noah Hughes.In the Class D North playoffs, Bucksport (7-0) had a bye over the weekend as the No. 1 seed in the region. The Golden Bucks will host fifth-ranked Foxcroft (4-5) in the Northern Maine semifinals at 7 p.m. Friday, Nov. 8. Bucksport defeated Foxcroft 53-0 when the teams met Oct. 25 in Dover-Foxcroft.This is placeholder textThis is placeholder textlast_img read more

16 Sep

Men’s hockey: Granato helps Wisconsin turn things around in first year

first_imgWhen the University of Wisconsin hauled in a new coaching staff during the offseason — consisting of head coach Tony Granato and associate head coaches Don Granato and Mark Osiecki — many around the program were expecting a turnaround, though few expected it to come so quickly.Before the season, the Badgers (20-15-1) were picked to finish second to last in the Big Ten, only ahead of Michigan State. While the Spartans stayed true to the projections and finished in last place, Wisconsin far exceeded its expectations, finishing second in the Big Ten and missing out on a Big Ten tournament title and NCAA tournament bid by 1 goal.Wisconsin’s season ended March 18 with a 2-1 double overtime loss to Penn State. The Badgers outshot the Nittany Lions 53-35 over the four periods, but ultimately Liam Folkes ended the game with a breakaway goal 6 minutes and 43 seconds into the second overtime, his second goal of the contest.Men’s hockey: Dynamic duo Frederic and Kunin lead prolific offense, fuel Badgers’ resurgenceThe University of Wisconsin men’s hockey team undeniably exceeded expectations this season, finishing second in the Big Ten thanks to Read…Though the Badgers ultimately fell short of the NCAA tournament, the team was successful in so many other ways.After going 12-45-13 over the past two seasons, the new coaching staff was able to help UW correct course with a new look and fresh talent, helping the Badgers eclipse 20 wins for the first time since the 2013-14 season.“I guess they call it the ‘Granato Era’ or something like that,” standout freshman Trent Frederic said. “It’s kinda just getting started, and you see how successful we already are, so it’s pretty sweet.”Granato was named Big Ten Coach of the Year, making him only the second UW coach to own that title, with Hall of Famer Bob Johnson being the other.Men’s hockey: Unorthodox rotation leads to unexpected successful seasonWisconsin goaltenders Matt Jurusik and Jack Berry stepped of the ice on a Monday afternoon dripping from head to toe Read…Granato still insists it’s the players who deserve the credit.“There was too much attention on the coaches,” Granato said. “I thought the players were a phenomenal group to coach. I thought they were a talented team that played a ton of great hockey.”The Badgers showed their talent as they ranked 10th best in the nation in goals per game (3.39) and ninth and 14th best in the power-play (21.47 percent) and penalty-kill efficiency (84.5 percent).On top of Granato’s Coach of the Year award, Wisconsin also had six players honored by the Big Ten conference.Frederic won the Freshman of the Year award, the first Badger to do so since Dany Heatley in 1999-2000. He was also the only unanimous selection to the all-freshman team.Frederic was also named to the All-Big Ten second team, alongside sophomore captain Luke Kunin and junior defenseman Jake Linhart, while sophomore defenseman Peter Tischke and freshman goalie Jack Berry earned All-Big Ten honorable mention accolades.Senior forward Aidan Cavallini was honored as UW’s Big Ten Sportsmanship Award winner.Despite missing out on the NCAA tournament, UW’s program has taken undeniable strides toward the success that is historically synonymous with Wisconsin hockey.Men’s hockey: Wisconsin headed to semifinals in Big Ten TournamentThe University of Wisconsin men’s hockey team successfully secured a first-round bye in the Big Ten Tournament and will face the quarterfinals Read…“We took a great jump,” Kunin said. “We put Wisconsin hockey back on the map where it should be. We even feel like it should be higher than we are right now. I think it was a great turn in the right direction for our program.”Though the Badgers will lose Grant Besse, Jedd Soleway, Cavallini and Corbin McGuire to graduation and Kunin to the pros, Granato remains confident with the course they’re on.“Yeah, we’re in good shape with who we’ve got coming in next year,” Granato said, when asked about replenishing talent. “And I think the biggest thing for us this year was to lay the foundation down on how we wanted to play, and the kids who were here gave us that foundation, so a ton of credit to our players.”“This year was a big step for us,” Granato said. “But there’s a ways to go on where we want to be.”last_img read more

21 Dec

Spartans edged out by Pleasant Valley; Bulldogs win in 4 sets

first_imgRed Bluff >> The Red Bluff Lady Spartans volleyball team took its first league loss Tuesday night at home in three close sets to the Pleasant Valley Vikings, 25-23, 25-21, 25-20.Kylee Kitchell was named player of the match with 7 kills, 3 blocks and 16 digs.Logan Wheeler had 5 kills, 6 blocks and 10 digs; Sarah Reineman had 3 kills, an ace, 3 blocks, 3 digs and 10 assists; Aurora Carnes had a kill and 12 blocks; Tyler Ellenberger had 2 digs and 6 assists; Somavia Kennedy had 2 kills, an ace, …last_img read more

19 Dec

Ponte: revival of a Joburg icon

first_img9 November 2007Inner city rejuvenation continues to gather pace in South Africa’s commercial capital. Property developers are refurbishing Johannesburg’s landmark 54-floor Ponte building and are offering fully furnished flats for sale to upper-middle class residents.In an effort to sell the first 311 flats, Ponte City, as it has been renamed, offers potential owners one of six different styles of finish, including “glam rock, future slick, Moroccan delight, global fusion, Zen-like and old money”.About 300 people attended the first show day on 28 October. Those attending were taken to the 32nd floor, where flats with all six styles of finish were on display. Sixty percent of the potential buyers said they were investors who planned to rent out their properties, while the rest said they would live in the flats they bought.“We got just over 80% sell on the first day,” enthused Setshwano Rametse, director at Space Marketing and Investments, who were responsible for the sale.Ponte, built in 1975 as a huge hollow cylinder, has always been a furnished rental block, with 470 flats. Soaring to 173 metres, or 54 floors, with the best views in town, it’s integral to Joburg’s skyline, more so at night with its flashing Vodacom advertisement bouncing off the top floors.The building has a chequered history: when it initially opened it was one of the city’s most desirable places to live in, but by the late 1980s it had degenerated into a haven for criminals and druglords.Such was its reputation that in 1998 a proposal – soon rejected – that it be turned into a prison, was aired. From 2001 its act was cleaned up and a new security system chased out the criminals.But what the building really needed was a huge dose of renovation.The developers, Nour Addine Ayyoub and David Selvan, want to return Ponte to its former glory as an iconic building, says Rametse. And buyers are paying big money to be part of that former glory – the developers, who won’t disclose what they paid for the building, are putting R100-million into the revamp and are selling the flats for R400 000 to R938 000, or R12 000 a square metre.In comparison, flats in The Refinery, a factory building in Milpark converted into spacious, trendy dwellings, are selling for about R6 000 a square metre.To cater for tenants already occupying the building, developers negotiated with landlords in the area to accommodate those tenants at the same rentals they had been paying while living in Ponte. Tenants were given up to four months to move, with 12 floors already vacated, and a further seven are to be cleared by the end of November.In a boost for the developers, the Johannesburg city council also announced plans to spend some R170-million in Berea and surrounding Hillbrow and Yeoville to revamp pavements, storm water drains and lighting, and to put street furniture in place.Extreme makeoverRametse was responsible for coming up with the different lifestyle categories and decor, mostly going straight to manufacturers and ordering in bulk. She said it was fun, though, and it shows: from slick red and orange sofas and chairs, granite table tops and plasma-screen TVs, to floral wing-backed chairs set against grey and white walls, the designs are set to maximise sales, which they appear to have done.Although compact and designed for uncluttered living, the bachelor, one-, two- and three-bedroom flats are stylish, with wood-floor finishes and fashionable lighting, enhanced by that magnificent view.Rametse said that floors 11 to 34 were presently being renovated, and are scheduled for occupation by July 2008. The flats will be totally made over, with entirely new bathrooms and kitchens being installed, along with new wooden floors and light fixtures, while the sliding chrome windows have been retained. In some cases, walls have been broken down to turn three-bedroom flats into two-bedroom units with two bathrooms.She added that the flats were being sold fully furnished, including a fridge, stove, washing machine or dishwasher, because the developers were “keen to do things differently” and enable young people to enter the property market without having to worry about furnishing their new homes.“You’d be amazed how many people are keen on it. It makes the sale more marketable and exciting,” she said.The bachelor flats, at 29 square metres, were going for R410 000, 38-square metre one-bedroom flats for R528 000, 52-square metre two-bedroom flats from R728 000 and 68-square metre three-bedroom flats for R938 000.The original architect, Rodney Grosskopff, initially developed one floor to house assorted shops, but it never worked because the space was subdivided too finely in an effort to recoup more rent. Now the idea will be ramped up to go with the building’s more stylish image.There will be a restaurant, a coffee shop, a DVD shop, spa and gym, and a large entrance piazza, as children’s playground plus a climbing wall. The developers have also approached supermarket groups Woolworths and Spar to take up space in the building.Ponte, just 15 minutes from the OR Tambo International Airport, will feature a bus stop catering for the proposed Bus Rapid Transit system on its doorstep. And, of course, for those working in the Johannesburg inner city it’s almost within walking distance, while theatres like the Market and the Civic are within five kilometres.“It will be a destination,” Rametse said.Source: City of Johannesburglast_img read more

18 Dec

Nestle opens R500m factories in SA

first_img8 August 2012 Swiss multinational food company Nestle has opened two new factories in the town of Babelegi, north of Pretoria as part of a R500-million investment in its South African operations, creating over 130 permanent jobs in the process. The two new factories are for the manufacturing of the company’s breakfast cereals – Milo and Cheerios – and the addition of new production lines for the manufacturing of Maggi noodles. It means these products will no longer need to be imported into South Africa. The project has created over 130 permanent jobs, as well as 300 indirect jobs over a 20-month period during the construction phase. Speaking at the launch, Trade and Industry Minister Rob Davies said South Africa and the rest of the African continent had a significant role to play in food security around the world and in many food-deficient countries. He also urged African businesses to add more value to their agricultural products. “This investment is one of the several investment opportunities that has taken place recently in South Africa by a global multinational company in the agro-processing area, and it is reflecting the fact that we as the South African government are trying to position ourselves and deepening the presence of agro-processing in our country and companies,” he said. Nestle’s Global CEO, Paul Bulcke, said the company had a long history in South Africa and Africa, and that consumers and their employees held an important key role in their products and services. “Forty percent of our products are sold in emerging economies and are expected to grow up to 50% in 2020,” Bulcke said. “We have been present on the African continent for more than 100 years, and we see great growth opportunities for the future.” The company said it would continue to invest in South Africa in line with their long term commitment to business sustainability, growth and economic development. Nestle was granted approval for the project in accordance with Section 12I Tax Allowance Programme of the Income Tax Act. Davies approved the tax allowance deduction for Nestle of R168-million in terms of their investment and training needs. The 12I Tax Allowance Programme allowance is geared towards providing investment support in new manufacturing assets and the training of employees. Source: SANews.gov.zalast_img read more

28 Nov

Keys to Victory: Ginebra-TNT semis series

first_imgHeart Evangelista admits she’s pregnant… with chicken Lacson: SEA Games fund put in foundation like ‘Napoles case’ Sports Related Videospowered by AdSparcRead Next Tenorio vs CastroWho wouldn’t like to see two of the league’s best guards go at it? Tenorio and Jayson Castro have had countless battles before and with the two facing off again, expect these veterans to pick up where they left off.Tenorio had 21 points on 5-of-6 shooting from deep and six assists while Castro collected 20 points, five rebounds and five assists the last time they shared the court in April.Young gunsAnother intriguing subplot is the matchup between Thompson and Roger Pogoy, who has been a solid contributor for TNT in just his first year in the league.While Thompson is known for his all-around game, Pogoy is making a name for himself as a big time shotmaker who savors pressure-packed situations.Pogoy could be TNT’s X-factor in this series with Ginebra’s defense focused on limiting Castro and containing Smith inside. 1 dead in Cavite blast, fire World’s 50 Best Restaurants launches new drinking and dining guide Robredo: True leaders perform well despite having ‘uninspiring’ boss PLAY LIST 02:49Robredo: True leaders perform well despite having ‘uninspiring’ boss02:42PH underwater hockey team aims to make waves in SEA Games01:44Philippines marks anniversary of massacre with calls for justice01:19Fire erupts in Barangay Tatalon in Quezon City01:07Trump talks impeachment while meeting NCAA athletes02:49World-class track facilities installed at NCC for SEA Games Smith, who stands 6-foot-8 and weighs around 300 pounds, gives TNT a legitimate man in the middle that could pose problems for Ginebra.But the Gin Kings will most likely counter the KaTropa’s size with their up-and-down game and floorspacers starting with Justin Brownlee.Brownlee, who is second among imports in the statistical race for Best Import, is a handful for opposing teams due to his versatility.In fact, he gave TNT fits with 34 points, 15 and six assists.With guards like Scottie Thompson, Sol Mercado and LA Tenorio, Ginebra has been deadly in the open floor and their fast-paced game may force TNT to play small as well.ADVERTISEMENT LATEST STORIES MOST READ Heart Evangelista admits she’s pregnant… with chicken Neil’s huge save Don’t miss out on the latest news and information. Cayetano dares Lacson, Drilon to take lie-detector test: Wala akong kinita sa SEA Games What ‘missteps’? But while it seemed like Ginebra had it easy against TNT after winning by 18, the Gin Kings actually trailed by six at the half and were leading by only six before pulling away in the fourth quarter.The KaTropa also had a different import back then in Donte Greene, who has been replaced by the hefty Joshua Smith.FEATURED STORIESSPORTSSEA Games: Biñan football stadium stands out in preparedness, completionSPORTSPrivate companies step in to help SEA Games hostingSPORTSMalditas save PH from shutoutOn the eve of Game 1, here are INQUIRER’s keys to victory.Size vs Speed WATCH: Firefighters rescue baby seal found in parking garage View comments Photo by Tristan Tamayo/INQUIRER.netExpect a physical and heated duel as rivals top seed Barangay Ginebra San Miguel and No. 4 TNT figure in a best-of-five semifinals that is loaded with firepower.The Gin Kings beat the KaTropa, 107-89 in their only meeting in the elimination round on April 23.ADVERTISEMENTlast_img read more

28 Nov

Scrapped event ruins Sudha’s quest for Olympic berth

first_imgIn a bizarre development, the 3,000m steeplechase at the National Open Athletics Championships was cancelled due to a lack of participants.Apart from the embarrassment it caused the organisers, it also deprived Asian Games gold medallist Sudha Singh of an opportunity to qualify for the London Olympics.The Railways runner will now have to participate in events outside India to make it to the quadrennial extravaganza.According to the original starting list there were 10 competitors but only two Sudha and teammate Kiran Tiwari – reported for the event.According to the rules, more than two competitors from different teams should be involved for an event to go ahead.Sudha’s coach JS Bhatia came down hard on the organisers for their alleged mishandling of the matter. “Sudha is in a great form right now. Recently she eclipsed her own national record effort of 9:55.47 during practice in Bangalore and she could have reached the Olympic qualification mark of 9:48 minutes. Now we will have to wait till next year,” he said.”This kind of occurrence is highly unexpected, especially in an event like this where Olympic qualification is at stake.” Sudha echoed her coach’s sentiments.”This is the last domestic event this year and I have to wait till next year just because there were not enough competitors,” she rued.There were further glitches on the part of the organisers as the initial starting list had four names which appeared twice. So in effect, there were only six competitors instead of 10.”There were some organisational glitches. Those names should not have been repeated. We will definitely look into the matter,” CK Walson, chairman of the technical committee, said.advertisementThe penultimate day threw up another curious case in men’s 400m hurdles as Satender Singh and Avin A Thomas were adjudged gold medallists after a dead heat.In a rare case, they could not be separated in the photo finish and both were awarded a gold each after clocking an identical 51.49s.Railways lead the medal tally with nine gold, nine silver and six bronze while ONGC have won five gold, two silver and one bronze medal for a tally of eight. Punjab are placed third place with four gold and one bronze medal.last_img read more

16 Oct

Magic Johnson Honors Scholars

first_imgMagic Johnson, along with sponsor FedEx, honored 33 scholars who earned the Magic Johnson Foundation’s Taylor Michaels Scholarship this week at a special brunch at The Skirball Center.The morning event capped the Foundation’s annual five day Taylor Michaels Scholarship Program (TMSP) Conference, which offered new and past scholars life skills leadership training and career development workshops.Founded in 1998, the Taylor Michaels Scholarship Program is aptly named after Taylor Michaels, the inspiring Chief Operating Officer for Magic Johnson Enterprises who passed away that year. The program develops future leaders by supporting socioeconomically challenged high achievers through completion of their undergraduate degrees and offers support including laptops, mentorships and internships. TMSP Alumni have gone on to graduate from top Universities including USC, UCLA, Brown, Howard and Morehouse, amoung others.Since 1991, the Magic Johnson Foundation (MJF) has served and enriched urban communities nationwide. MJF evolved from an HIV grant-making organization to one that advocates for community-based organizations and supports educational empowerment through HIV/AIDS education/testing/awareness work, minority college access and digital literacy.Find out more here.last_img read more

12 Oct

Rafale case Will first decide preliminary objection raised by Centre says SC

first_imgNew Delhi: The Supreme Court Thursday said it will decide first on the preliminary objections raised by the Centre and then go into the facts of the Rafale fighter jet deal case. A bench headed by Chief Justice Ranjan Gogoi wrapped up the hearing on preliminary objections by the Centre that review petitioners in the Rafale jet deal case cannot rely on privileged documents obtained illegally. It will be known later as to when the order will be pronounced on the issue. Also Read – Squadrons which participated in Balakot air strike awarded citations on IAF Day The top court asked the petitioners seeking review of its order to focus on the preliminary objections regarding admissibility of the leaked documents. “Only after we decide the preliminary objection raised by the Centre, we will go into the facts of the case,” said the bench, also comprising Justices S K Kaul and K M Joseph. At the outset, Attorney General K K Venugopal, appearing for the Centre, claimed privilege over documents pertaining to the Rafale fighter jet deal with France and told the Supreme Court that no one can produce them in the court without the permission of the department concerned. Also Read – SC declines Oil Min request to stay sharing of documents on Reliance penalty Venugopal referred to section 123 of the Evidence Act and provisions of RTI Act to buttress his claim. He told the top court that no one can publish documents which relate to national security as the security of the State supercedes everything. Advocate Prashant Bhushan, one of the petitioners seeking review, opposed the submission and said that the Rafale deal documents, which AG says are privileged, have been published and are already in public domain. Former Union minister Arun Shourie, who is one of the review petitioners, submitted that he was thankful to the Centre and the Attorney General for saying in their affidavit that these are photocopies, proving the genuineness of these documents. Bhushan further said that provisions of RTI Act say public interest outweighs other things and no privilege can be claimed except for documents which pertain to intelligence agencies. There is no government-to-government contract in purchasing Rafale jets as there is no sovereign guarantee extended to India by France in the Rs 58,000 crore deal, Bhushan said. He also said the Press Council of India Act provides provisions for protecting sources of journalists. Senior advocate Vikas Singh, appearing for another petitioner Vineet Dhanda, said that the government cannot claim privilege on these documents. Yashwant Sinha, another former Union minister, is also a petitioner seeking review of the Supreme Court verdict of December 14 which held that there was no occasion to really doubt the decision making process warrenting setting aside of the defence contract for purchase of 36 Rafale fighter jets from France.last_img read more