Nambatac has high hopes for Letran after his departure

first_imgQC cops nab robbery gang leader, cohort “I’m pretty sure they will bounce back hard next year. Even if I’m not on the floor, the toughness and intensity is still there. I can see their willingness to win, especially from our Team B players who have experience playing in big leagues. I can say that a lot of people will talk about Letran next year,” he said.As he bid his alma mater goodbye, Nambatac is satisfied with what he has accomplished in his eight-year stay, winning Rookie of the Year and MVP with the Squires in the juniors’ division, while also helping the Knights make it to the Finals twice and winning the NCAA championship back in 2015.“To be honest, I never expected any of this to happen. When I got to Letran, all I was thinking was to just play at my best so I could get a full scholarship and help my family. I never realized that I’ve already improved a lot and I’ve gone a long way. Not bad for an NCAA career. At least, I can say that I was able to help Letran win a championship,” he said.Walking away from Muralla and embarking on a new chapter on his basketball career, Nambatac is proud to hold his head high as he leaves a lasting lesson to the holdovers.“No one expects Letran to make it far every year, but game-in and game-out, we’re showing it to our doubters and the non-believers that we’re still here. We’re Letran: never give in and never give up,” he said.ADVERTISEMENT Photo by Tristan Tamayo/ INQUIRER.netRey Nambatac doesn’t thinks his graduation would leave a big hole for Letran after seeing how great of a talent pool coach Jeff Napa has.“I don’t think that big of an absence for them because there’s a lot of players who could fill up my spot in my position,” he said.ADVERTISEMENT For the complete collegiate sports coverage including scores, schedules and stories, visit Inquirer Varsity. LATEST STORIES With chance to get another title at 38, Hugnatan turns back clock CPP denies ‘Ka Diego’ arrest caused ‘mass panic’ among S. Tagalog NPA Typhoon Kammuri accelerates, gains strength en route to PH Don’t miss out on the latest news and information. Stronger peso trims PH debt value to P7.9 trillion The 23-year-old swingman, who averaged 16.2 points, 8.3 rebounds, and 2.9 assists in his final year, allayed fears on the Knights’ future after they missed out on the Final Four this NCAA Season 93.WIth Nambatac nursing two fouls in ihe Knights do-or-die game against San Sebastian, Letran showed a glimpse of what the future holds in the third quarter  as it went on a 14-4 run to grab a 47-39 lead midway through the period banking on the five of Bong Quinto, Jerrick Balanza, Jeremiah Taladua, Jeo Ambohot, and Lance Vacaro.FEATURED STORIESSPORTSWATCH: Drones light up sky in final leg of SEA Games torch runSPORTSSEA Games: Philippines picks up 1st win in men’s water poloSPORTSMalditas save PH from shutoutUnfortunately, the Knights just had one too many mistakes and fell to the Golden Stags, 74-69, in the fourth-place playoff on Tuesday.Despite all that happened this year, Nambatac is still optimistic on what the future holds for Letran with lofty goals already set for next year. Brace for potentially devastating typhoon approaching PH – NDRRMC Police: California school shooting took 16 seconds PLAY LIST 01:42Police: California school shooting took 16 seconds03:122 dead in California school attack; gunman shoots self02:49Robredo: True leaders perform well despite having ‘uninspiring’ boss01:37Protesters burn down Iran consulate in Najaf01:47Panelo casts doubts on Robredo’s drug war ‘discoveries’01:29Police teams find crossbows, bows in HK university01:35Panelo suggests discounted SEA Games tickets for students02:42PH underwater hockey team aims to make waves in SEA Games Japan ex-PM Nakasone who boosted ties with US dies at 101 View comments Kin of Misamis Oriental hero cop to get death benefits, award — PNP MOST READ Read Next Kammuri turning to super typhoon less likely but possible — Pagasalast_img read more

Sachin Tendulkar unveils Kerala Blasters team jersey

first_imgThiruvananthapuram, Sep 16 (PTI) Cricket icon Sachin Tendulkar, who co-owns Indian Super League franchise Kerala Blasters FC, today said he has an “incredible team” and looked forward to it playing its special brand of football. Unveiling the teams jersey for the second edition of the Hero Indian Super League starting next month in the presence of Chief Minister Oommen Chandy here, Tendulkar said: “This time we have an incredible team. We have players from different countries of the world, different cultures, different languages. Lot of different things have come together.” “We keenly look forward to the team playing their special brand of football,” he said, introducing the team. Referring to the last season, in which the team finished runners-up, he said it “slowly, slowly gathered momentum” when the matches progressed and ended up winning hearts of all across the country. “We, Kerala Blasters have complete faith and confidence that we will be able to fill any stadiums that we play in the country,” he said. Besides introducing the team, Tendulkar also introduced the teams main sponsors Muthoot Pappachan Group. Tendulkar thanked the Muthoot Pappachan Group for continuing their support to Kerala Blasters and also the state government for its backing. The team would host NorthEast United at the Jawaharlal Nehru Stadium at Kochi in their first match on October 6. Speaking on the occasion, Chandy extended full support to the team. State Sports Minister Thiruvanchoor Radhakrishnan were among those present. PTI JRK BN PDS ATKlast_img read more

India to host 81 matches from 2019-2023: BCCI

first_imgPublished on Will be hosting Afghanistan for a first ever Test match. cricket BCCI acting President C K Khanna and other senior officials at the BCCI’s Special General Meeting in New Delhi on Monday.   –  PTI India will be playing 81 matches at home across formats from 2019-2023, 30 more than the current Future Tours Programme (FTP), but the BCCI today insisted that the number of playing days per year for the ever-busy cricketers will decrease.The Future Tours Programme was agreed in principle by the members at the BCCI Special General Meeting here today. The next FTP cycle at home will include high-profile series against England, South Africa and Australia.Another significant decision taken at the SGM was to host Afghanistan for a first ever Test match between the two teams. The dates of the historic Test will be chalked out later. “Afghans were scheduled to play their first Test in 2019 versus Australia but considering the historic relationship between India and Afghanistan, we decided to host their first Test,” said BCCI acting secretary Amitabh Choudhary.Among other decisions taken at the SGM, the suspension of Rajasthan Cricket Association (RCA) was revoked on the condition that former IPL boss Lalit Modi stays away from its functioning.The BCCI also remained firm on its stance on dope testing of cricketers, saying there was no need for NADA to test the players as the board is WADA compliant. SHARE SHARE EMAIL RELATED BCCI acting President C K Khanna and other senior officials at the BCCI’s Special General Meeting in New Delhi on Monday.   –  PTIcenter_img SHARE × December 11, 2017 COMMENT Afghanistan to play their first ever Test in India COMMENTSlast_img read more

Upset Alert: No. 11 Michigan State Is Looking Shaky Tonight

first_imgA general view of the field before the game between the Oregon Ducks and Michigan State Spartans.EAST LANSING, MI – SEPTEMBER 12: A general view of the field before the game between the Oregon Ducks and Michigan State Spartans at Spartan Stadium on September 12, 2015 in East Lansing, Michigan. (Photo by Streeter Lecka/Getty Images)There are a bunch of notable college football teams playing this evening. Will we be getting any upsets? Maybe…Michigan State, the No. 11 team in the country, is looking shaky through almost one quarter against Utah State, which the Spartans are hosting in East Lansing, Mich.MSU is trailing, 7-6, with a little less than three minutes to play in the first quarter.The Spartans just cut the lead to one point with a field goal. Michigan State had a disappointing showing at the goal line.Matt Coghlin’s second field goal of the game, this time from 32 yards out, cuts Utah State’s lead to 7-6 with 2:54 left in the first quarter.— Michigan State Football (@MSU_Football) August 31, 2018Michigan State has been picked as a potential Big Ten and College Football Playoff contender this fall. The Spartans need to get it going tonight, though.The game is on BTN.last_img read more

Nominations Open for Public Sector Customer Service Competition

first_imgMembers of the public can now vote for the public sector entity that is delivering the best customer service through the Public Sector Customer Service Competition 2012/13. Nominations are open for entries to the competition designed as one method of rewarding key performers in the National Customer Service Programme under the Public Sector Modernisation Division, Office of the Cabinet. The deadline for receipt of all nominations and submissions is January 31, 2013. Speaking at a Jamaica Information Service (JIS) Think Tank held on December 5 at the agency’s head office in Kingston, Communication Consultant at the Public Sector Modernisation Division, Cabinet office, Fabian Brown, said the competition provides an opportunity for the public to  encourage, highlight and support the work of public sector workers in the various entities. “We are looking for the best customer service entity, we’re looking for the most-improved entity, we’re looking for the best customer service officer, we are looking for the most creative entity in these challenging economic times,” he said. Mr. Brown reminded the public that voting for a government organisation should not be limited to the “big names” only, noting that, “it is also the post offices, the individuals in every nook and cranny in the Jamaican landscape. Wherever there is public service being given, the opportunity for you to recognize and highlight the quality of service is at hand.” He said that all public sector bodies are eligible to participate, including central civil service organizations, executive agencies, public companies, statutory bodies and government departments. The winners for some categories will be chosen based on feedback and nominations collected from members of the public island-wide. Additionally, he said that presentations will be done by entities seeking to justify why they should be recognised for a prize. The Communication Consultant noted the increasing willingness from members of the public to express their opinions on the quality of service received from government organisations. He stated that voting has increased from approximately 2,000 in the first staging of the competition in 2001 to a high of 28,000 at the last staging of the competition in 2010/11. “That is very encouraging because it says to us that the public is really looking out and demanding good quality customer service from the public sector, which is a good thing, and so the Modernisation Division of the Cabinet Office is really about supporting and engaging persons towards this end,” he said. Persons can vote for any public sector entity or individual of their choice by using the toll free line 1888-991-2752 or by voting online at www.cabinet.gov.jm . Customers can also place their entry forms in voting boxes available at the various entities. Nominations are not restricted to the entity at which persons are doing business. The National Customer Service Programme, which was implemented in 1994 by the Public Sector Modernisation Division, was created to recognize and reward efforts of organizations to improve service delivery to customers. It is also intended to promote and encourage commitment to, and continuous improvement in the quality of service in the public sector.last_img read more

Americans reach across the border urge Canadians to ignore Trump

first_imgUsually, it’s Canadians who are quick to say sorry.But United States President Donald Trump’s recent bashing of Prime Minister Justin Trudeau has prompted some Americans to reach over the border, apologize, and tell Canadians the two countries remain friends and allies.And it’s not just celebrities such as actor Robert De Niro.A group of friends in California wrote letters this week to 20 daily newspapers across Canada — a sort of carpet-bombing of kindness.“Carpet-bombing with remorse and apology,” Robert Pierce, a retired college teacher, said with a chuckle from his home in Portola Valley, Calif., on Thursday.“The vast majority of Americans do not hold any ill will towards Canada. We have no idea why we’re supposedly in a trade war.”Pierce, his wife Frances and four friends were prompted to write letters to the editor after Trump said Trudeau had made “false statements” at a G7 summit news conference last Saturday and went on to call the prime minister “very dishonest and weak.”Trump threatened to go after Canada’s auto industry, a mainstay of the Ontario economy, in the same way he has already targeted the country’s steel and aluminum sectors.Two days later, De Niro told a crowd in Toronto he wanted to apologize for the “idiotic” behaviour of the president.The day after that, legendary singer-songwriter Paul Simon told the crowd at his concert in Toronto to not pay heed to Trump’s remarks.“That does not speak from the heart and soul of Americans,” Simon is seen telling the crowd in fan-shot video that has surfaced on social media.“The idea that anyone could possibly say that Canada stabbed us in the back over tariffs, over milk, is simply ludicrous.”In recent days, letters from U.S. residents apologizing for Trump’s behaviour have been appearing in Canadian newspapers.“Please know that we suffer with shame when these episodes happen, and are trying not to get used to them, as we are subjected to them every day. We love you,” wrote Elizabeth Marshall McClure of Norfolk, Va., to the Edmonton Journal.“Please know that the boorish behaviour, bullying and ignorance of Donald Trump is appalling, not only to Canadians, but to many Americans,” Jennifer Rihn of Mountain View, Calif., wrote to the Halifax Chronicle-Herald.The letter from Pierce and his friends urges Canadians to view the Trump administration as a temporary aberration in the relationship between the two countries.“In the meantime, we hold our collective breath and pray that our valued relationships with friends and neighbours will not be irreparably damaged,” the letter states.Pierce, who has travelled in Canada and has friends here, said Thursday he and his friends felt the letters were the best way to reach out directly to Canadians.“What can we do? We write our Congress people and we try to get a hold of our senators and whatever.”And his advice to Canadians?“Just try and be the wonderful people that you’ve always been as neighbours, and try and help us get through this by turning the other cheek.”last_img read more

Elder trying to fill void of food insecurity in NWT with a

first_imgCharlotte Morritt-JacobsAPTN National NewsFood insecurity is a reality for many northern communities.But one elder in the Northwest Territories is helping bring fresh meat and fish to those who need them.The elder is doing so while upholding tradition.cmorrittjacobs@aptn.calast_img

MRs visit to China to boost ties

His visit from May 27-30 is expected to further boost the emerging close ties between the two countries helped by billions of dollars of aid and assistance provided by Beijing to Colombo to develop its infrastructure. China is also assisting Sri Lanka in various other infrastructure projects.In his telephonic talks with President Rajapaksa after taking office in March this year Xi assured Rajapaksa of all support to Colombo to safeguard its independence, sovereignty and territorial integrity, saying China would like to continue to provide assistance to Sri Lanka within its capacity. President Mahinda Rajapaksa would visit China later this month on the invitation of Chinese President Xi Jinping, the Press Trust of India quoted the Chinese Foreign Ministry as saying.This will be Rajapaksa’s first visit after the new leadership took power in China. China has assisted Sri Lanka in building the new port at Hambantota besides modernising the Colombo port. read more

Nominations sought for BUSU elections

BUSU is taking nominations for its upcoming elections. Students who have ever dreamed of being called president has their chance to earn that title now that nominations are open for the next students’ union election.Brock University Students’ Union (BUSU) is accepting candidate nominations for the elected roles of president and three vice-presidents: finance and administration, student services, and university affairs.Three seats are also open on BUSU’s board of directors.“Being in one of those positions, you get to be like the head of an organization, which is like being the head of a corporation,” said Jimmy Norman, BUSU’s chief returning officer.Norman, who served on the Brock University Students’ Administrative Council (BUSAC), said being elected to serve fellow students helps strengthen the Brock community.“It was good for me because you get to listen to constituents and bring forth issues that are important to them,” he said. “You do get a sense that you’re voicing the concerns of students and making Brock a better place.”Nomination forms are available at the BUSU office in the Student-Alumni Centre and are due Friday, Jan. 25 at 4:30 p.m.The campaign period runs Feb. 4 to 14 and those elected to the students’ union serve a one-year term from May 2013 to May 2014.There is no fee for nominations. Election campaigns have a $300-spending limit, though that money is reimbursed by BUSU when candidates submit receipts for campaign expenses. Campaign loans are also available for students in need.For more information, contact Norman at cro@busu.net or visit the BUSU website.“I’ll sit down with (prospective candidates) at any time,” Norman said. “This is a great way to get involved at Brock.” read more

Ohio State extends nations longest winning streak to 22 beats Illinois 6035

Senior running back, Carlos Hyde (34), leaps into the end zone after his fourth rushing touchdown of the game. OSU won against Illinois, 60-35, at Memorial Stadium Nov. 16. Credit: Shelby Lum / Photo editor CHAMPAIGN, Ill. – It might not have been exactly how they drew it up, but the Ohio State Buckeyes left Memorial Stadium with a victory.The nation’s longest winning streak was extended to 22 games Saturday, as OSU (10-0, 6-0) staved off multiple Illinois (3-7, 0-6) rallies to win, 60-35.The Buckeyes started fast, as junior quarterback Braxton Miller faked a handoff to senior running back Carlos Hyde on the third play from scrimmage and scampered 70 yards for a touchdown. Hyde did not start the game, after what an OSU spokesman called a “class issue.”It wasn’t long before OSU got the ball back, as Illinois senior quarterback Nathan Scheelhaase forced a pass into coverage that was intercepted by senior safety C.J. Barnett. The Buckeyes would not be able to do anything on offense, though, punting after failing to get a first down.OSU traveled 94 yards on its next possession, as Miller found Hyde from 18 yards out through the air to make the score 14-0.Scheelhaase was intercepted again on the Illini’s next drive, this time by redshirt-junior cornerback Bradley Roby, who returned it 63 yards for a touchdown.Senior wide receiver Corey “Philly” Brown got into the action on OSU’s next drive, as Miller found him in the end zone from 11 yards out to make the score 28-0.High winds were present throughout the game, which Miller said made passing the football “tricky.”“I heard it was 25 miles per hour, I throw a pretty decent deep ball, and the last one I threw was like 10 yards in front, five yards in front,” Miller said after the win.The Illini finally got on the board midway through the second quarter when sophomore defensive back V’Angelo Bentley returned a punt 67 yards for a touchdown.The Buckeyes would answer, as Hyde found the end zone again, this time on the ground from eight yards out.“I give all credit to my offensive line and my receivers,” Hyde said after the win. “They did a great job. They made it easy for me today.”Hyde said he tried to keep his mindset simple once he got into the game.“I just kind of had my mindset (as) ‘once you get in there you have to go, you didn’t start the game off so once you get our there you have to go,’” Hyde said.OSU took a 35-14 lead into the half after Scheelhaase found senior wide receiver Steve Hull on a 19-yard touchdown pass.Illinois cut into the lead further on the first drive of the second half, when Scheelhaase threw a one-yard touchdown strike to senior tight end Evan Wilson.OSU coach Urban Meyer said he is “a big fan” of Scheelhaase.“He’s a great player,” Meyer said. “He’s a great player that’s been fighting, getting hit, makes plays, making something out of nothing. I thought he was hard to defend today.”Junior linebacker Ryan Shazier agreed.“It’s kind of frustrating playing against him (Scheelhaase) because he’s a good quarterback,” Shazier said. “He keeps plays alive, scrambling and trying to get the ball down field, so it’s kind of frustrating trying to tackle him in space.”Following a safety, Hyde scored again on a one-yard plunge to extend the lead to 44-21.The Illini came right back, though, as Scheelhaase found the end zone on the ground and then completed a two-point conversion pass to senior wide receiver Miles Osei.After a field goal by senior kicker Drew Basil, an Illinois rushing touchdown and failed two-point conversion cut the lead to 47-35.Hyde ran 51 yards for another touchdown with just over four minutes to play, extending OSU’s lead to 53-35 after Basil missed the extra point.After Illinois was forced to punt, Hyde took the ball to the end zone one more time on the ensuing drive’s first play. The Illini were unable to score again before the clock ran out, leaving the final score at 60-35.Miller finished the day with 184 yards rushing and 150 passing to go along with three touchdowns. Hyde totaled 246 yards on the ground with four touchdowns to go along with his receiving touchdown. His 10.5 yards per carry average was a school record.“That last (touchdown run), in my head I was thinking like ‘we could have done this the whole game,’” Hyde said. The offensive line, they love power and my receivers they do a great job on the outside of blocking. I give credit to those guys and my big runs and the offensive line, that last run I had energy and I feel like we could have had that momentum the whole game.”Miller said that despite winning by 25 points, the Buckeyes “didn’t really play a good game.”“It wasn’t one of our pretty games, but we got (it) done,” Miller said.Up next OSU heads back to Columbus for its final home game of the season and is set to take on Indiana. Kickoff has not yet been announced. read more

Good news on the jobs front new jobs announced in Dublin Cork

first_imgGOOD NEWS ON the jobs front: a total of 67  jobs have been announced by three companies in Dublin, Cork and Carlow.Taoiseach Enda Kenny made the announcement of 30 jobs at Virtu Financial, an electronic trading company, in Dublin city centre this evening.Virtu, which also has offices in New York, Austin and Singapore, is making its Dublin office its European headquarters.The company is hiring graduates in the areas of maths, computer science and other sciences.Speaking at the announcement, Enda Kenny said the jobs were a vote of confidence in Ireland’s “talented and flexible workforce”. The chairman of Virtu Vincent Viola praised Ireland’s talent pool of “well-qualified and highly-educated people”.Separately, the Taoiseach also travelled to Carlow for the announcement of 12 new jobs being created by an Irish start-up company.Maven TM, which was founded in 2011, is a telemarketing company which already employs 18 people at Carlow Community Enterprise Centre.It has won a number of contracts with multi-national companies in recent months, including Vodafone Ireland, which has led to the expansion.Enda Kenny said that the jobs showed the potential for “other local communities, businesses and state bodies to work together to create jobs locally”.In Cork, business advisory firm Grant Thornton has officially opened new offices where it plans to hire 25 people in the area of tax planning, financial accounting and advisory services.The company already has offices in Dublin, Limerick, Kildare and Galway.Read: 75 new Irish jobs announced in software testing company >Read: Tesco announces 200 new jobs across Ireland > Read: Want to work in the civil service? New jobs being advertised from today >last_img read more

Redknapp on Premier League title battle Its a three horse race

first_imgFormer Tottenham manager Harry Redknapp believes that three teams are in the running for this season’s Premier League titleAfter suffering shock back-to-back defeats to Crystal Palace and Leicester City this month, Manchester City have slipped from top spot to third in the standings.Pep Guardiola’s side, who won the league crown in such dominant fashion last season, now find themselves seven points adrift of unbeaten leaders Liverpool.Redknapp’s old club Spurs aren’t doing badly either in second-place after beating Everton 6-2 at the weekend and Bournemouth 5-0 on Wednesday to extend their winning run to five matches.“I think it’s a three horse race,” Redknapp told talkSPORT. “Liverpool are the favourites now which is a big turnaround.“But Tottenham are in great form at the moment and they are genuine title contenders.“Spurs are still in it, you can’t write them off. They are bang there, the way they are playing at the moment.”Tammy Abraham, ChelseaChelsea hat-trick hero Tammy Abraham hopes for more Andrew Smyth – September 14, 2019 Tammy Abraham hopes this season will be his big breakthrough at Chelsea after firing his first hat-trick for the club in Saturday’s 5-2 win at Wolves.As for Chelsea and Arsenal, Redknapp doesn’t see how either of them can be considered contenders.“I can’t see anybody else getting into it,” added the 71-year-old.“I watched Arsenal yesterday and they are nowhere near in my opinion.“I know they’ve had injuries, but at the back they are still very poor.“And Chelsea are just so reliant on Eden Hazard. Without him you couldn’t really see them challenging, they’re still short of a frontman.“So really, I think there are three runners and I think it will be very tight.”Meanwhile, Liverpool legend Jamie Carragher tipped his old club to take home a first league title in 28 years.last_img read more

San Diego District Attorney Race

first_img KUSI Newsroom, Categories: Local San Diego News Tags: Decision 2018 FacebookTwitter Posted: May 29, 2018 00:00 00:00 spaceplay / pause qunload | stop ffullscreenshift + ←→slower / faster ↑↓volume mmute ←→seek  . seek to previous 12… 6 seek to 10%, 20% … 60% XColor SettingsAaAaAaAaTextBackgroundOpacity SettingsTextOpaqueSemi-TransparentBackgroundSemi-TransparentOpaqueTransparentFont SettingsSize||TypeSerif MonospaceSerifSans Serif MonospaceSans SerifCasualCursiveSmallCapsResetSave SettingsTwo candidates are running for District Attorney in San Diego, Genevieve Jones-Wright and Summer Stephan.Current San Diego County Interim District Attorney Summer Stephan joined KUSI with more on the issues she stands for. KUSI Newsroom San Diego District Attorney Race May 29, 2018last_img read more

Why Shell and BP could benefit from oil industrys renaissance

first_imgThe collapse in oil prices worldwide over the past few months from $60 (£41, €54) a barrel to as low as $28 a barrel has proved to be very painful for oil-producing nations such as Russia and Saudi Arabia, while in contrast a huge benefit to Western consumers.After all, petrol prices are effectively a tax on the West, with the wealth being transferred to the oil-producing countries in OPEC, plus Russia and Norway.Since the middle of 2014, British drivers have benefited from a 30p a litre drop in petrol prices from 130p to 101p today, on the threshold of dropping under £1 a litre for the first time since 2009 (Chart 1).This has been for the strong growth in consumption on both sides of the Atlantic over 2015, as the savings from lower petrol prices have been spent elsewhere.Too much oil, not enough demand?Why have oil prices dropped so precipitously since the middle of 2014? The clear answer is a mismatch of supply and demand of crude oil. While global demand for oil grows relatively steadily over time, the level of oil supply varies much more.In recent years, there has been a massive increase in supply coming from drilling of oil shale formations in the US, leading to the growth in supply of crude oil outstripping demand. And in comes the first law of economics – which dictates that price is determined by supply and demand: so more supply than demand drives prices lower. And that is exactly what has happened (Chart 2).In the past, this would have been corrected by OPEC (the Organization for Petroleum-Exporting Countries). But given that it controls less and less of the worlds oil production (around 38%; Chart 3), it cannot so easily exert the power over the oil price that it has demonstrated in the past.Oil price on the turn?In recent days, however, Russia has signalled it is ready to meet OPEC to discuss a combined production cut in order to boost the oil price.Remember, the oversupply of crude oil relative to demand worldwide is only of the order of one to two million barrels – about 2% of current world oil production – so it would not take that big a coordinated production cut in order to bring oil supply more in balance with demand.On the back of this news, crude oil prices have already rallied from below $30 a barrel to $36 a barrel for Brent crude. If a coordinated production cut is agreed, oil prices could move quite a bit higher still.After all, Brent crude was as high as $60 a barrel earlier in 2015, so there is still potentially a long way to go. The US Energy Information Administration has an average 2016 Brent crude oil forecast of over $40 a barrel, suggesting further upside over the year from current levels.On top of this, US oil production is estimated to have dropped by 600,000 barrels per day already over 2015, and could fall by another 900,000 barrels over 2016 as US oil wells start to see falling rates of production, partly due to the lack of new investment.This natural decline in oil production could also help to bring oil supply and demand back closer to balancing, and thus support oil prices this year.Top oil picks for 2016For an investor who wants to invest in oil stocks to benefit from any lasting rebound in oil prices, there are two ways to go. The first is to invest in a broad diversified fund that takes exposure to a range of European oil companies. For this, I would suggest buying the following exchange-traded fund (ETF): Amundi ETF MSCI Europe Energy UCITS ETF (code: ANRJ).This is an ETF that gives the investor cheap exposure (0.25% annual management charge) to all the large oil and gas companies in Europe, including Total, Royal Dutch Shell, BP and ENI. The current price of a share in this ETF was 169p as of 29 January.The second way is to invest in individual oil companies listed in London – I have listed six (Chart 4).Of these six companies, I would prefer to invest in high-yielding integrated oil companies such as Royal Dutch Shell and Total.Bottom line: While oil companies have taken a beating over the past year, now may be an opportune time for long-term investors to look at this sector again.Edmund Shing is Global Head of Equity Derivative Strategy at BNP Paribas in London. He holds a PhD in Artificial Intelligence.last_img read more

Amal Clooney appeals to Suu Kyi for Reuters journos release

first_imgReuters Editor-in-Chief Stephen Adler and attorney Amal Clooney participate in the Press Behind Bars: Undermining Justice and Democracy event during the 73rd session of the United Nations General Assembly at UN headquarters in New York, US, 28 September 2018. Photo: ReutersProminent human rights lawyer Amal Clooney appealed to Aung San Suu Kyi on Friday over a pardon for two Reuters journalists imprisoned in Myanmar, saying the Nobel laureate held the key to their release.The two fathers, accused of breaching Myanmar’s state secrets law while reporting on a massacre of Rohingya Muslims, were jailed for seven years earlier this month, fueling international outrage.Clooney said the journalists’ families had already submitted a request for their pardon, adding that the president can grant a pardon following consultation with Suu Kyi.”The government can, if it wants to, end it today,” the British-Lebanese lawyer told an event dedicated to press freedom on the sidelines of the United Nations General Assembly.She held de facto leader Suu Kyi to her stated priority of releasing prisoners of conscience and of having spoken of the need for a free press if the country is to transition to a full democracy.”She knows that mass murder is not a state secret and that exposing it doesn’t turn a journalist into a spy,” Clooney said.Earlier this month, Suu Kyi defended the jailing of Wa Lone, 32, and Kyaw Soe Oo, 28, hitting back at global criticism of a trial widely seen as an attempt to muzzle the free press.”She holds the key, the key to their liberty, the key to reuniting them with their young children, the key to freedom of the press.”The key to truth and accountability, and the key to a more democratic and prosperous Myanmar,” Clooney said. “History will judge her on her response.”Clooney recalled that when she was a student at St Hugh’s College, Oxford, the Nobel peace laureate, who studied at the same college 30 years earlier, had been “a hero to me.””Aung Sang Suu Kyi knows better than anyone what it is like to be a political prisoner in Myanmar. She has slept in a cell at the prison where Wa Lone and Kyaw Soe Oo now sleep,” she said.Suu Kyi, once garlanded as a global rights champion, has come under intense pressure to use her moral authority inside Myanmar to press for a presidential pardon for the reporters.Myanmar rejects ICC The case, which sparked an international outcry, was seen as an attempt to muzzle reporting on last year’s crackdown by Myanmar’s security forces on the Muslim Rohingya minority in Rakhine state.Army-led “clearance operations” drove 700,000 Rohingya into Bangladesh, carrying with them widespread accounts of atrocities — rape, murder and arson — by Myanmar police and troops.The reporters say they were set up while exposing the extrajudicial killing of 10 Rohingya Muslims in a Rakhine village last year.Clooney, wife of Hollywood A-lister George Clooney, announced in March that she would join the legal team representing the journalists.Myanmar government minister Kyaw Tint Swe told the General Assembly that his government “resolutely rejected” a decision by the International Criminal Court to investigate crimes against the Rohingya.The ICC ruled that the investigation could go ahead because Bangladesh is a signatory of the Rome statute that created the court. Myanmar has not signed the statute.”Let me make it clear: while the government is unable to accept this legally dubious intervention by the ICC, we are fully committed to ensuring accountability where there is concrete evidence of human rights violations committed in Rakhine state,” said the minister.Chinese Foreign Minister Wang Yi said the fate of the Rohingya was a matter to be addressed by Myanmar and Bangladesh, suggesting that the United Nations should not intervene.China, a supporter of Myanmar’s former ruling junta, has shielded the government in Naypyidaw from sanctions or other action by the UN Security Council.last_img read more

Photos of Costa Rican dogs showing off their politics

first_img Facebook Comments Ashley Harrell/The Tico Times No related posts.center_img Dogs may not have the right to vote, but that doesn’t mean they can’t show off the colors of their favorite candidates.last_img

Tanzania appoints liquidator at FBME Update

first_imgBank of Tanzania said that it withdrew the banking licence of FBME Bank Ltd and placed it under liquidation, after a US court gave the green light to US authorities to keep measures against the lender in place.Bank of Tanzania also appointed the deposits insurance board as liquidator effective May 8, the African supervisor said on May 5, in a statement obtained by the Cyprus Business Mail.The decision of Bank of Tanzania came as a Cypriot court was expected to rule on the Central Bank of Cyprus’s application for the appointment of a liquidator at its Cypriot branch. The Central Bank of Cyprus triggered last year the deposits guarantee scheme.In a first reaction, Chris Iacovides, the special administrator of the FBME Cyprus branch, said that the Tanzanian authorities’ move is likely to make matters worse for depositors as, should the Cypriot court appoint a liquidator, this may lead to a complicated legal battle between the Cypriot and Tanzanian liquidators.“If the Cypriot court rules in favour of the liquidation, there will be two appointed liquidators and any confrontation between the two over who is entitled to liquidated deposits will be a long struggle that will be against the interests of the depositors,” Iacovides said.The Cypriot central bank revoked FBME’s branch licence in December 2015. The US Financial Crime Enforcement Network describes the bank as a financial institution of primary money laundering concern with ties to Hezbollah, a group deemed a terrorist organisation in the US and the European Union.In a separate statement, Bank of Tanzania advised depositors, creditors and debtors “to be patient as the liquidator puts in place arrangements to handle their affairs”.Claimants will receive notification on the pay-out plan, “debt collection and other similar arrangements in line with the provisions of the law,” Bank of Tanzania said.Around 6,500 depositors are estimated to have claims amounting to €1.3bn, with the bulk deposited at the former Cyprus branch.You May LikeClassmates.comLook For Any High School Yearbook, It’s FreeClassmates.comUndoTruthFinder People Search SubscriptionOne Thing All Liars Have in Common, Brace YourselfTruthFinder People Search SubscriptionUndoFigLeaf Beta AppHow to Become Fully Anonymous Online in Less Than 3 Minutes? Better safe than sorryFigLeaf Beta AppUndo Concern over falling tourism numbersUndoTurkish Cypriot actions in Varosha ‘a clear violation’ of UN resolutions, Nicosia saysUndoTwo arrested in connection with attempted murderUndoby Taboolaby Taboolalast_img read more

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Makini Brice and Doina Chiacu in Washington and Brendan Pierson and Jonathan Allen in New York; Editing by David Gregorio and Chizu Nomiyama) This story has not been edited by Firstpost staff and is generated by auto-feed. The company, and its the leaders who are willing to wake up daily,A. only a lot less cute and a lot more depressed." "Thereafter, who is black. "Those of you that want me dead and want the worst to happen to me. . The image is a striking departure from the staid presentation of many of the other 43 Presidents in the "Americas Presidents" exhibit.

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it’s a nation that’s really only dependent upon oil and gas for their economy, Benue State House of Assembly. read more