Dutch watchdog urges schemes to prepare for a hard Brexit

first_imgThe implementation of over-the-counter derivatives contracts, concluded with UK-based parties and extending beyond the Brexit date, could also become stuck, he warned.“These counterparties would possibly no longer have the required authorisation to offer investment services to EU counterparties, or conduct investment activities related to these derivatives contracts,” Hilbers said.Meanwhile, the UK’s Financial Conduct Authority (FCA) said it continued to prepare for a range of scenarios, including a hard Brexit.The FCA is to be tasked by the UK’s treasury department with amending and maintaining EU rules and technical standards after the UK’s membership ends on 29 March 2019. This is in line with the EU (Withdrawal) Act, recently passed by the parliament, which allows the transferral and conversion of EU law to UK law and gives ministers powers to make amendments as necessary.The FCA said its work would “sit underneath the EU regulations and directives and provide technical detail of how those requirements must be met”.Last March, the UK and the EU agreed on a transitional period from 29 March to December-end 2020.During this time, EU law would remain applicable to the UK, with firms, funds and trading venues continuing to benefit from passporting between the UK and EEA as they do today, according to the FCA.“Obligations derived from EU law would continue to apply, and firms must continue with implemention plans for EU legislation that is still to come into effect before the end of December 2020,” the FCA added. Dutch supervisor DNB has urged pension funds to prepare for a so-called ‘hard’ Brexit, as the preliminary agreement for a transition period after the UK leaves in March is not yet legally binding.On DNB’s website, Paul Hilbers, director for financial stability, said that if the UK and the EU failed to reach an agreement on their future relationship, the transitional arrangement could be cancelled.He warned that a hard Brexit could come without equivalence certificates for the UK, which are necessary for companies and financial institutions to access each other’s markets.DNB’s financial stability director explained that pension funds ran the concrete risk of loosing acces to infrastructure in the UK, such as central counterparty (CCP) clearing.last_img read more

US issues new travel advisory for Haiti

first_img Share Share Share 74 Views   no discussions Tweetcenter_img Sharing is caring! LifestyleNewsRegionalTravel US issues new travel advisory for Haiti by: – December 31, 2012 Washington said that in recent months, visitors have been attacked and robbed after leaving the airport and that at least two U.S. citizens were shot and killed in robbery and kidnapping incidents.WASHINGTON D.C., United States – The United State is warning Americans about robbery, lawlessness, infectious disease and poor medical facilities in Haiti.The State Department has issued a revised travel advisory on the French speaking Caribbean Community (CARICOM) country now recovering from a powerful earthquake that killed more than 300,000 people and also battling an outbreak of cholera.“U.S. citizens have been victims of violent crime, including murder and kidnapping, predominantly in the Port-au-Prince area. No one is safe from kidnapping, regardless of occupation, nationality, race, gender, or age,” the State Department said.The new travel warning, released Friday, replaces a less strongly worded advisory issued in June.Washington said that in recent months, visitors have been attacked and robbed after leaving the airport and that at least two U.S. citizens were shot and killed in robbery and kidnapping incidents.“Haitian authorities have limited capacity to deter or investigate such violent acts, or prosecute perpetrators,” the State Department said, adding that while the incidents of cholera have declined, the disease persists in many areas of Haiti. Medical facilities, including ambulance services, are particularly weak.“Thousands of U.S. citizens safely visit Haiti each year, but the poor state of Haiti’s emergency response network should be carefully considered when planning travel. Travellers to Haiti are encouraged to use organizations that have solid infrastructure, evacuation, and medical support options in place,” the State Department added.Caribbean 360last_img read more

Report: Pork Production Could Surpass Beef

first_imgGREENSBURG, Ind. – A new Hoosier Ag Today report shows nationwide pork production is up despite some farms recovering from the PED virus.Numbers show pork is on pace to pass beef production for the first time since 1952.USDA projected 2015 pork output at 23.9 billion pounds opposed to projected beef production of 23.8 billion pounds.High-priced hogs and low-lost feed will help hogs become readily available as farms unaffected by PED grow their herds, Reuters reports.The virus was responsible for killing an estimated eight million piglets.last_img

Kareem Abdul-Jabbar

first_imgWhen Lou Alcindar decided to change his name back in the 80’s, it did cause some heads to turn and tongues to wag.  His reason, of course, was because of his change in religion.  Can you imagine what kind of reaction this would bring about today?  According to one of our presidential candidates, he would be on a no-entry list to the United States.  Today people would say he was ready to join ISIS.In today’s political world, a large portion of the population has become very radical toward not only certain religious groups but also certain races.  Kareem may have had some radical overtones in his thought process, but it was more of a statement against the treatment of Afro-Americans in his time as a sports hero.Several other big name athletes changed their names as well, but most of us would be hard pressed to remember their real names.  Kareem, because of his sports prowess as a basketball player, is simply known by this name and the younger generation he was once Lou Alcindar. What a sensitive time we now live in.last_img read more

I had my best time in Cologne, says  Ujah

first_img Loading… read also:Ujah gets 72 minutes in Berlin victory as Collins sees red Ujah also weighed in on protests taking place across the world on racial injustice and discrimination which emanated from the death of George Floyd in the United States. Bundesliga matches last weekend saw players kneel as a mark of solidarity and Ujah thinks it is a “right step”. “There is a lot more to do. The action is great, but it is important that the message goes deep into the world because we can have a good life together if everyone accepts,” he continued. “We’re on the right track. I’m sure the future will be better.” Ujah has also been on the books of another German club in Werder Bremen where he scored 14 goals and provided five assists in 37 competitive outings. He also had a stint with Norwegian side Lillestrom and Liaoning FC in China, netting a combined 37 goals. Ujah’s career began in Nigeria with Abuja FC and Warri Wolves. He has been capped seven times for Nigeria, last appearing in a goalless draw with Tanzania on September 5, 2015, during the 2017 Africa Cup of Nations qualifiers. FacebookTwitterWhatsAppEmail分享 Promoted Content2020 Tattoo Trends: Here’s What You’ll See This YearBest & Worst Celebrity Endorsed Games Ever MadeCan Playing Too Many Video Games Hurt Your Body?7 Universities Where Getting An Education Costs A Hefty PennyWhat Is A Black Hole In Simple Terms?A Hurricane Can Be As Powerful As 10 Atomic BombsBirds Enjoy Living In A Gallery Space Created For Them8 Superfoods For Growing Hair Back And Stimulating Its Growth9 Facts You Should Know Before Getting A Tattoo8 Ways Drones Will Automate Our FutureWhich Country Is The Most Romantic In The World?The Very Last Bitcoin Will Be Mined Around 2140. Read Morecenter_img Union Berlin striker, Anthony Ujah, is still fond of his former club FC Cologne, claiming the North Rhine-Westphalia outfit to be “important”. Nigeria international Anthony Ujah Die Eisernen will be up against the Billy Goats in this weekend’s Bundesliga round of fixtures and the Nigerian clearly relishes the opportunity. Ujah played 102 times for Cologne, scoring 36 goals and providing 10 assists. He joined Union Berlin from Mainz in the summer of 2019 and has made 20 appearances, although only eight of them have been starts. The 29-year-old has scored two goals, which came in a 2-1 home defeat to Eintracht Frankfurt on September 27, 2019 and a 2-0 win over Borussia Monchengladbach on November 23. “Always”, Ujah told Kicker when asked if a tie against Cologne is special to him. “In Cologne, I had my best time in football so far. The city is very important to me. I see my future there.” Ujah also likes the German capital asserting “Berlin is a great city”. Though he has clocked just 789 minutes of Bundesliga action this season, Ujah says he is “satisfied” and calls his move from Mainz to Union Berlin “the right decision”.last_img read more

Hazard welcomes Mourinho praise

first_imgEden Hazard was delighted after Chelsea manager Jose Mourinho called him the best young player in the world following Monday night’s 1-0 Barclays Premier League victory over Manchester City – but the Frenchman believes his best form is yet to come. Hazard outran the City defence in an outstanding performance at the Etihad Stadium and Mourinho was quick to lavish praise on the Belgium midfielder. The 23-year-old winger, who has scored 11 goals for the Blues so far this season, told the BBC’s Football Focus programme: “I’m very happy because it’s very pleasing when a coach gives praise but I’m still aware of what I need to do to make the next step up. “It’s a nice compliment but I’m not going to rest on my laurels. I know I have to keep working hard every day. “It was a great atmosphere in the dressing room (after the match) but we weren’t getting carried away because we know that there are plenty of big games ahead. “We beat possibly the best team in the league, but we know that if we then go on to lose against Newcastle then it’s no use whatsoever. “It’s up to us to pick up the maximum points from the games that are coming up.” Hazard, who made the switch to Stamford Bridge from Lille in the summer of 2012, was humbled by talk that he could be the best young player in the world, but predictably looked to Cristiano Ronaldo and Lionel Messi as the benchmark. There’s lots of tough young players out there,” he said. “Yes, I think I’m up there with the best but I hope people will eventually take away the word ‘young’ because that would mean I’ve moved up another level. “I think to get to their (Ronaldo and Messi) level I have to work extremely hard. Those players are on another planet because they score two or three goals every game. “I hope to be like them one day and it’s up to me to find ways to score, just like they do, every game.” Hazard is enjoying working under Mourinho and hopes to keep up the hard work at Stamford Bridge to reach the standards Ronaldo and Messi have achieved. He said: “He’s made me focus on my work ethic even more. He aspires for one thing – that I become like them one day. “It’s time for me to work hard together with the coach and the club to achieve that objective. “Results have been going well so he is happy and perhaps a little more relaxed. I think as long as we’re all working hard, he’s happy. And the most important thing is to make him feel happy.” Press Associationlast_img read more

Taylor hails increase in Windies Women salaries ….New compensation package anounceds

first_imgST JOHN’S, Antigua – Effective October 1, 2016, women’s cricketers on retainer from the West Indies Cricket Board (WICB) will see an increase in their pay package. The number of women on retainer will also move from 11 to 15.An agreement between the WICB and the West Indies Players Association (WIPA) will see increases in annual retainer fees, sponsorship payments, match fees and captains’ allowances. The estimated increase will cost the WICB just under US$600 000 for the upcoming year. The new compensation package will benefit an unlimited number of non-retained players.Captain Stafanie Taylor appreciates the increase. She notes: “I believe we are stepping in the right direction. England and Australia are the two top teams where Women’s cricket is concerned and I think we can mirror what they are doing and get on their level. It’s good that the retainers and match fees have been increased and the girls love it. We hope that as time goes by more things will be improved.”Former captain Merissa Aguilleira is also happy. “I am really pleased and thankful about the increase. We have been working hard as a team with huge success. I strongly believe that an increase like this will only encourage us to work harder and continue representing the people of the Caribbean to the best of our abilities.”WICB CEO says, “We are hoping this new package (not only) will serve as an additional incentive for the current set of women, but (also) will serve as a drawing card to more women to be attracted to cricket.”WIPA president and CEO, Wavell Hinds, also thinks “our women senior team have been a solid elite performing group over the last decade, as such, the improvement and security in their compensation package is well deserved. We wish the team well for their upcoming home assignment”.West Indies women are now in camp for a home-series against England. The series will consist of five ODIs, the last three of which will count towards the ICC Women’s Championship, to be contested between October 8 and 19 at the Trelawny Multiplex and Sabina Park in Jamaica.A win in this series for the Windies women could seal a spot in the World Cup in the UK in June next year. West Indies are in second place with 20 points behind Australia. England are currently in third place.The ICC Women’s Championship, a multi-year bilateral competition, is between the top eight international women’s sides that will lead to automatic qualification for the top four teams.last_img read more

Badminton News Saina Nehwal, Sameer Verma to fight at Korea Open; Srikanth withdraws

first_imgSeoul: Saina Nehwal and Sameer Verma will look to put their best foot forward when they lead Indian challenge at the USD 600,000 Korea Open World Tour Super 500 tournament beginning here Tuesday. Saina, who had skipped the Japan Open earlier this month after winning a bronze at 18th Asian Games, will look to get over the disappointment of her first-round exit at China last week when she takes on Korean Kim Hyo Min.Fifth seeded Saina, ranked 10th in the world, has done well in the major events this year, grabbing a second gold at Gold Coast Commonwealth Games and a bronze at the Jakarta Asian Games. But the Indian has been inconsistent in the BWF events.Also read | J&K: Soldier martyred, three militants killed in anti-infiltration operation in KupwaraSaina, who had reached the finals at the USD 350,000 Indonesia Masters in January, was ousted by Korea’s Sung Ji Hyun last week at China and will have a tough task at hand as she is likely to face third seed Japanese Nozomi Okuhara in the quarterfinals.In men’s singles, Sameer Verma will carry the Indian flag after Kidambi Srikanth pulled out after playing back-to-back tournaments in Japan and China in the last two weeks.Sameer has been troubled by injuries but he has done well when he has been fit, winning titles at Swiss Open in February and Hyderabad Open early this month.The 23-year-old Dhar, who had finished runners-up at 2016 Hong Kong Open, will play Denmark’s Anders Antonsen in his opening match.He had beaten the Danish shuttler at India Open in January this year. If the Indian crosses the opening round, he is expected to meet reigning world champion Kento Momota of Japan.Also read | Bigg Boss 12: Shivashish Mishra is not just a businessmanYoung women’s shuttler Vaishnavi Reddy Jakka will also compete in the tournament, taking on formidable sixth seed Beiwen Zhang of USA in the opening round.Among others, Ajay Jayaram will take on China’s Zhao Junpeng in the qualifiers. Young Vaidehi Choudhari and Mugdha Agrey will also compete at the women’s singles qualifying round. For all the Latest Sports News News, Badminton News News, Download News Nation Android and iOS Mobile Apps.last_img read more

Fans react to Syracuse’s 59-54 win over Pitt

first_img Published on January 18, 2014 at 7:28 pm Contact Meredith: mhnewman@syr.edu | @MerNewman93 [View the story “Syracuse defeats Pitt 59-54, remains undefeated in ACC” on Storify] Comments Facebook Twitter Google+last_img

Study links depression with military ties

first_imgFollow Anshuman on Twitter @AnshuSiripurapu A new study conducted by researchers at the School of Social Work and published in the Journal of Adolescent Health found that adolescents with either a sibling or parent in the military are more likely to report being suicidal or depressed when compared with their peers.Families have been affected by more and more tours of duty since the country has been at war for more than a decade.“These are kind of an invisible minority group. Most people in the civilian public kind of pretend we’re not at war, but we’re close to 12 years at war, and many of these kids have experienced parental deployment, war zones, PTSD,” said Ron Avi Astor, a professor of social work and education, and one of the principal architects of the study.The study was made possible by a large grant from the Department of Defense to provide services and to evaluate what the best practices are in public schools that have students with family members in the military. Astor said there are approximately 1.3 million children in public schools affected and, since 9/11, about 5 million children who have been affected by the wars in Iraq and Afghanistan.Though numerous studies have been conducted about the effects of war, few have focused on its impact on adolescents.“The reason we chose to look at kids with parents or siblings in the military is because we’ve had a decade of war and we have a lot of information now about the individual deployed and sometimes their partner or spouse but very little information how it impacts adolescent health,” said Julie Cederbaum, assistant professor of social work and lead author of the study.The researchers collected data in conjunction with the California Healthy Kids Survey, a survey that is administered biannually to all public schools students in fifth, seventh, ninth and 11th grades in public schools receiving Title IV funding. A military supplement was included as part of the survey for eight school districts in California, and both military and non-military students took both parts of the survey.Almost 25 percent of ninth and 11th-grade students with a military parent and more than 26 percent of students with a military sibling said they had thought about ending their lives, compared with 19.1 percent of non-military students, according to a press release.“These results are very powerful because they show that, first of all, non-military kids are having problems too, there are lot of suicidal teenagers across California,” Astor said.Cederbaum said she was surprised to learn that each additional tour of duty further impacted mental health.“Some of these families have had four deployments, five deployments, six deployments,” Astor said. “We’ve never had wars like that in our history where one family has had to sacrifice so much.”One policy change that has already been implemented as a result of the study is that schools are beginning to identify military adolescents within their communities.Starting in the 2012-2013 school year, students taking the survey will be able to check a box that will identify them as connected to the military.Cederbaum said such data will allow schools and health professionals to better target their resources and support. Astor, however, added that it’s important to avoid attaching a stigma to these students and targeting them individually, but rather to use the data to highlight the importance of the issue to parents and educators.“If you’re a [teacher] in a high school classroom and you know that 27 percent of the kids in your class are from military families have thought about committing suicide and have a plan, then it’s not an abstract number from a study in Iowa. These are kids right in front of you,” Astor said. “What meaning does that math test have then?”Both Cederbaum and Astor spoke about the importance of teaching parents, educators and peers about military culture as well as mental health issues and how to deal with adolescents who are depressed or suicidal.“It’s about providing a climate and an atmosphere where people know what the resources where friends and families know what to do, where parents and educators know how to handle it when large numbers of kids are saying they don’t want to live anymore,” Astor said.Cederbaum said more schools can implement things such as “transition rooms,” resource centers that are particularly beneficial for military students who often have to move frequently between schools.Astor also stressed the importance of having counselors and social work experts in schools addressing the issues of depression and suicide so kids don’t “fall through the cracks.” He said the focus should be on educating peers, parents and teachers about the resources available, not about screening or identifying.“The percentages don’t seem to be changing. They’re crying out and it’s pretty cynical as a society to ask these kinds of questions [about suicide] in detail in the classroom, and then not provide the resources or help to educate the peers, the parents and the community about what to do about it,” he said.last_img read more