Hopes rise for freeze on commercial Stamp Duty

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India coronavirus cases pass two million

first_imgIndia’s official coronavirus case tally passed two million on Friday after a daily jump of more than 60,000.The South Asian giant becomes only the third country to reach the figure, after the United States and Brazil.The rate of spread in the world’s second-most populous country also appears to be increasing.  Stigma In smaller cities and in rural areas people also ignore guidelines on social distancing and wearing masks, anecdotal evidence suggests.Monsoon floods in recent weeks that have affected millions have also hindered efforts to fight the pandemic.In addition, some of those infected are ostracized by their communities, leading to a stigmatization of the virus that puts people off being tested.”A new disease with relatively high levels of complications and mortality, with accompanying directives on physical distancing, inevitably leads to fears, apprehensions and… stigma,” said Rajib Kumar, who heads the Centre of Social Medicine and Community Health at Delhi’s Jawaharlal Nehru University.”There’s both the fear of the disease as well as of isolation and quarantine,” Kumar told AFP. Topics : India logged its first one million infections just three weeks ago.Official figures show the country has now recorded 2.03 million infections and 41,585 deaths. Many experts say the true numbers may be much higher among its 1.3 billion people, many of whom live in some of the world’s most crowded cities.Spending per capita on health care is feeble by international comparison. Indian Prime Minister Narendra Modi’s government imposed one of the world’s strictest lockdowns in late March.But with Asia’s third-largest economy reeling — tens of millions of migrant workers lost their jobs almost overnight — the restrictions have been steadily eased.Individual states and cities have been imposing more localized lockdowns including IT hub Bangalore last month, the eastern state of Bihar and part of Tamil Nadu in the south.Previously the main hotspots have been the teeming megacities of New Delhi and Mumbai, home to some of the world’s biggest slums.Now smaller cities and rural areas — where 70 percent of Indians live — have begun to see case numbers rising sharply.India has tested around 16,500 people per million, compared to 190,000 in the United States, according to a tally by Worldometer.A study last week that tested for coronavirus antibodies reported some 57 percent of people in Mumbai’s teeming slums have had the infection — far more than official data suggests.A similar probe earlier in July indicated that almost a quarter of people in the capital, New Delhi, have had the virus — almost 40 times the official total.Fatalities may also be higher than the official numbers. Experts say that even in normal times the cause of death is not properly recorded in large numbers of cases.last_img read more

Chelsea favourites to secure Sergio Reguilon transfer ahead of Arsenal

first_img Coral BarryThursday 13 Aug 2020 7:53 pmShare this article via facebookShare this article via twitterShare this article via messengerShare this with Share this article via emailShare this article via flipboardCopy link2.6kShares Advertisement Advertisement Comment Real Madrid want £23m for the left-back (Picture: Getty)Arsenal are though boosted by Kia Joorabchian, who has also reportedly taken on Reguilon as a client.The agent has close ties with Arsenal’s hierarchy and already has several players at the club, including David Luiz and Cedric Soares.Chelsea remain the frontrunners, but will face competition from Serie A giants Napoli for Reguilon’s signature, as well as Arsenal.Real Madrid are prepared to cash in on Reguilon as they have a wealth of options at left-back, but may look to insert a buy-back clause into any deal.MORE: Frank Lampard ‘likes’ John Terry’s Instagram post ‘tapping up’ Declan Rice for ChelseaMORE: Manchester United ready to hijack Chelsea move for Ben ChilwellFollow Metro Sport across our social channels, on Facebook, Twitter and Instagram. For more stories like this, check our sport page. Chelsea favourites to secure Sergio Reguilon transfer ahead of Arsenal Reguilon appears set for a move (Picture: Getty)Chelsea are ahead of Arsenal in the fight to sign Real Madrid full-back Sergio Reguilon, reports say.Arsenal have entered the race to sign the left-back, who enjoyed a superb season on loan at Sevilla, and working under Mikel Arteta is an attractive prospect for Reguilon. But AS claim Chelsea remain in the driving seat having qualified for the Champions League, while Arsenal are set for another stint in the Europa League next season.Chelsea have already flexed their financial muscle this summer with the signings of Timo Werner and Hakim Ziyech and the Blues’ spending power is another big advantage over Arsenal.AdvertisementAdvertisementADVERTISEMENTArteta’s efforts to overhaul his squad has been hampered by financial issues at the club, but the Arsenal boss is still eager to do plenty of business this summer, even if that means offloading several of his players to raise funds.Frank Lampard has made the signing of a left-back a priority and had earmarked Ben Chilwell as his top target.Leicester City, however, want over £80million for Chilwell while Real Madrid are believed to be after £23m for Reguilon.last_img read more

EIOPA launches pension fund stress tests

first_imgGabriel Bernardino, EIOPAPension funds will have until 19 June to submit data to national regulators, which in turn must collate the information and report to EIOPA by 28 August. The final report is expected to be published in December.EIOPA chairman Gabriel Bernardino said: “In light of the challenging economic environment and the public’s attention to its effects on private pensions, EIOPA’s 2019 Occupational Pensions Stress Test is an important, highly relevant and timely exercise to provide insights in the sustainability and vulnerabilities of occupational pensions in Europe.”2017 controversyEIOPA’s last assessment of the European pension sector, completed in 2017, drew criticism from PensionsEurope, the occupational pensions lobby group.The assessment revealed a €700bn shortfall across the sector, but PensionsEurope disputed the significance of the finding.It argued that EIOPA had made very strong allegations about the health of IORPs based on its own theoretical model, when this “common balance sheet” had not been adopted by the EU or any member state and the rules used at a national level did not support EIOPA’s findings.“The differences in findings highlight how EIOPA’s model is not fit for purpose,” PensionsEurope said.The full timeline for the 2019 stress test is available on EIOPA’s website, including reporting templates for DB, DC and hybrid schemes. The European Insurance and Occupational Pensions Authority (EIOPA) has launched its latest stress test exercise for European pension funds.The regulator said it aimed to gather data on at least 60% of the European defined benefit (DB) and hybrid market by assets, and 50% of the defined contribution (DC) market.All countries in the European Economic Area with “material” IORP assets – defined as at least €500m of assets in total at the end of 2018 – must report data to EIOPA. This includes the UK, despite the country’s impending exit from the European Union.For the first time, EIOPA’s assessment includes testing of schemes’ environmental, social and corporate governance (ESG) policies, designed to analyse pension funds’ focus on ESG themes and their related risk management practices. However, the bulk of the assessment remains concerned with the impact of a “stressed market scenario” on the sustainability of European pension funds.EIOPA said: “Developing further the methodologies and approaches used for previous exercises, the 2019 stress test has been complemented to assess pension funds’ potential reaction to the adverse market scenario on their investment allocation to understand better possible conjoint investment behaviours that may be relevant for the stability of the financial markets.“Also, the effects of conditional cash in- and out-flows, which may mitigate or amplify the effects of the adverse market scenario on DB pension funds, can be assessed following an enriched cash flow analysis.”The European regulator also said it would allow “significantly more time” for pension funds and national authorities to collate and report data, following feedback on the 2017 exercise.last_img read more

Voters cool on same-sex unions

first_imgThe Australian 14 Sept 2013Same-sex marriage was a low priority for most Australians when voting last Saturday, with jobs, healthcare, education and border security clearly the top issues. Same-sex marriage ranked ninth overall as an issue of importance, with only 13 per cent of voters putting it in their top three priorities.People on higher incomes, university graduates, the non-religious, women and ALP and Greens’ voters were the strongest supporters, with Coalition voters, lower income earners, men and those with trades the least.Kevin Rudd and the Greens campaigned strongly for changing the Marriage Act to allow same-sex marriage. Tony Abbott and the Coalition had a policy of opposing changes to the act and avoided the issue during the campaign.Greens and Labor voters, particularly young voters, women and those who said they did not have a religion, were the strongest supporters of change. According to a survey conducted by JWS Research for the Australian Christian Lobby after the election the issue ranked as important among 28 per cent of Greens voters and 15 per cent of ALP voters. Coalition voters showed little support, with only 4 per cent of Liberal-National voters saying the issue was important, less than those supporting paid parental leave and changes to the fringe benefits tax.While Mr Abbott faces pressure to change the act from the Labor-Greens government in the ACT, there is little support among Coalition voters and less support among men, those with household incomes under $100,000, those aged over 55 and those without a university degree.http://www.theaustralian.com.au/national-affairs/election-2013/voters-cool-on-same-sex-unions/story-fn9qr68y-1226718868853last_img read more

Sr. Norma Rocklage OSF

first_imgSr. Norma Rocklage, age 86 of the Sisters of St. Francis in Oldenburg, Indiana, died Monday, June 22, 2020 in Indianapolis. Born Mary Ann Rocklage on July 18, 1933 in St. Louis, Missouri, she is the second oldest of eight children born to Catherine (nee: Lohmann) and Henry Rocklage.Sr. Norma grew up with her close-knit family in St. Louis, attending Holy Cross School where she first became acquainted with the Franciscan Sisters, and by the eighth grade, she began thinking about becoming a Sister. She attended high school at the Immaculate Conception Academy in Oldenburg, and although quite shy and homesick, she soon made friends and enjoyed her participation in student council and school publications. It was in witnessing the Sisters’ joy in their dedicated service that drew Mary Ann to the Community, and she professed her final vows on August 12, 1957.Sr. Norma continued her education at Marian College, earning a B.A. and at St. Louis University earning an M.A. and her Ph.D. She began teaching primary grades at St. Mary School in North Vernon, Indiana in 1953, followed by middle school students at St. Francis of Assisi School in Portage des Sioux, Missouri before dedicating much of her life to students at Marian College, now Marian University, beginning in 1965. Her positions at Marian include:• 1965-1974 Assistant Professor, Classical Languages• 1970-1974 Dean for Academic Affairs• 1974-1982 Member of the Marian College Board of Trustees• 1989-2004 Director/Vice President for Mission Effectiveness• 2005-2019 Executive Director for Formation & OutreachIn 1989, she was approached by five diocesan superintendents of Indiana to initiate a program for beginning principals on developing lay spirituality since almost all principals were lay men and women and not of religious vocation. With a grant from the Lilly Endowment, Sr. Norma helped to develop an 18-month program for beginning principals, and eventually for veteran principals and parish teams, and directed it from 1989-2019 as the Indiana Catholic Principals Institute.A partial listing of Sr. Norma’s awards include:• 1996 Marian College Distinguished Alumna Award• 2005 Brebeuf Preparatory School High School – Honorary Diploma• 2008 Marian College Athletic Hall of Fame• 2014 Archdiocesan Council for Educational Excellence• 2015 Marian College Intercultural Person of the Year• 2015 Archdiocesan Spirit of Service Award• 2016 Bertha Torres Hispanic Award• 2016 Marian College Franciscan Values Award• 2016 Indiana Council for Latino Affairs Distinguished Service Award• 2017 Center for Interfaith Cooperation’s Interfaith Ambassador of the Year• 2017 Franciscan Federation’s Intercultural Award• 2018 Oldenburg Academy’s Distinguished Alumna AwardIn reflecting upon her years at Marian, Sr. Norma commented, “I learned a great deal about global affairs, was afforded many opportunities for being involved in interfaith and intercultural affairs, was able to establish at Marian a Latino/Hispanic Advisory Board composed of Marian faculty and staff and Indianapolis community members to advocate for Hispanic students to receive a higher education degree and learn of their rights, though undocumented, and also established a Service Learning Board to foster efforts in combining service learning with the academic goals and not merely volunteer work. The faculty, staff and students challenged me so often by their energy, vision and willingness to have the COURAGE TO VENTURE, so much like our Mother Theresa Hackelmeier … without knowing they were doing so. I had loved teaching elementary school children who still have a special place in my heart and I actually cried when I realized I was being prepared for college teaching, for I thought I would NEVER like that ministry! How wrong I was! I am very grateful for the 40+ years of being involved with the Marian Community for I was graced with many blessings.”When asked to reflect upon her life, Sr. Norma shared, “As our Community becomes older, poorer, more vulnerable, fewer in number and perhaps less sure of the future, I find my love for and hope in the Community growing. As we move ahead into the uncertain future, I sense we are moving together more dependent on the Lord and more able to share our journey and lives with others. My favorite line in our mutual and personal ministry and mission is, ‘Where there is one, there is the Community, there is the church, there is Jesus.’”She is survived by her sisters Sr. Mary Roch RSM of St. Louis, Missouri, Dee Schantz of Gresham, Oregon; brothers Joseph Rocklage of St. Louis, Missouri and Aloysius Rocklage of Rosemount, Minnesota as well as many nieces, nephews and friends. In addition to her parents, she is also preceded in death by her sister Clara La Rose and brothers Nobert and Raymond Rocklage.Visitations will be held Friday, June 26th, from 2 – 8 p.m. at the Marian University Arena and Convocation Center (enter through the Peyton Manning Hall of Champions and bring your own mask) located at 3200 Cold Spring Road in Indianapolis. Visitation will also be held Monday, June 29th, from 1 – 2:30 p.m. at the Weigel Funeral Home in Batesville located at 151 W. George St. Graveside services will be held 9:30 a.m., Tuesday, June 30th at the convent cemetery in Oldenburg. A memorial mass will be held at a late date. Memorial contributions may be made to the Sisters of St. Francis, P.O. Box 100, Oldenburg, Indiana, 47036 (www.OldenburgFranciscans.org), or to the Sr Norma Rocklage Endowed Diversity Scholarship at Marian University.last_img read more

Husson Takes Two From MMA

first_img admin Hancock County Court News Nov. 3 thorugh Dec. 11 – January 22, 2015 State budget vs. job creation – January 22, 2015 Latest posts by admin (see all) Bio Bangor, ME – Husson University won their 14th game in a row as they swept Maine Maritime Academy. The Eagles improve to 17-11 and remain undefeated in NAC play with a 10-0 record. MMA falls to 3-17 overall and 1-9 in the NAC. Husson took the first game in five innings 9-0 and won the second game 9-3.The Eagles started off in the first inning rallying for three runs. Dottie Cameron (So. South Plainfield, NJ) lead of the game with a triple and scored on a pass ball. Nicole Sargent (So. Sullivan) would double home a run and also score later in the inning. Husson never looked back and went on to win 9-0.In the second game, the Eagles jumped out to a 7-0 lead by the fourth inning. MMA would rally in the top of the fifth to score three runs, highlighted by a two run single by Hannah Seamans (Jr. Athens). However, in the bottom of the inning the Eagles would score two more runs and shut the Mariners out in the top of the seventh as Husson won 9-3.Next up for MMA is a home double header with Johnson State College Saturday beginning at 2 p.m. For more sports stories, pick up a copy of The Ellsworth American. House fire in Winter Harbor – October 27, 2014 Latest Posts This is placeholder textThis is placeholder textlast_img read more

Statues of Roy Simmons Sr. and Jr. planned on Syracuse campus

first_imgUPDATED: August 30, 2017 at 4:21 p.m.The hall of fame father-son pairing of Roy Simmons Sr. and Roy Simmons Jr. are slated to be enshrined with a statue on Syracuse’s campus, SU Athletics announced on Wednesday.The unveiling ceremony is scheduled for Oct. 14. at 5 p.m. in front of the Ensley Athletic Center.“The Simmons family is the first family of American lacrosse,” SU director of athletics John Wildhack said in a press release.The Simmons’ most notable contribution is coaching the SU men’s lacrosse team from 1931-98, 67 years in total. When Simmons Sr. retired in 1970, he had coached 70 All-Americans and compiled a 253-130-1 record.AdvertisementThis is placeholder textSimmons Jr. took the reigns and guided the Orange to five national titles, excluding the vacated 1990 championship. During his tenure, SU went 296-90, reached the NCAA tournament 16 straight times and Paul and Gary Gait brought their talents to Syracuse.Both Sr. and Jr. played for the Orange, the former being named an All-American in 1924. Both men have been inducted into the National Lacrosse Hall of Fame — Simmons Sr. in 1964 and Jr. in 1991.This post has been updated with a photo and a revised headline. Comments Facebook Twitter Google+ Published on August 30, 2017 at 3:23 pm Contact Andrew: aegraham@syr.edu | @A_E_Grahamlast_img read more

Revolutionplus to Bankroll First International Road Race in Abeokuta

first_imgAccording to the event’s Media Officer, Gbenga Davies, the Revolutionplus Abeokuta 10k Race will begin at Onikolobo Iyana Oloke junction through the scenic Omida Market, leading up to Ake Junction through to the Iconic Itoko around Saje, with the historic Alake’s Palace as the finish point.Davies, noted in a press statement yesterday, that the route of the Abeokuta 10k Race had been measured by the International Athletics Association Federation (IAAF) certified measurer, Norrie Williamson, and the race has been awarded its route certification.Davies said further in the press statement, that the Nilayo Sports Management boss also confirmed that in his discussion with the Ogun State Governor- Elect, Dapo Abiodun, a few days ago, he got a huge boost with Abiodun promising full commitment towards increasing the tourism potentials of the state.Share this:FacebookRedditTwitterPrintPinterestEmailWhatsAppSkypeLinkedInTumblrPocketTelegram History will be made in the capital city of Ogun State, Abeokuta on November 3, 2019, as the city hosts her first international road race in the history of the great rock city. Revolution Plus Property Development Company, a renowned real estate giant in Africa is the headline sponsor and Abeokuta as the host City.MD Revolution Plus Property Development Company, Mr. Bamidele Onalaja expressed his enthusiasm and that of his team in bringing a mind-blowing experience to the people of Ogun State.last_img read more

Racecourse betting continues to grow in Ireland reports HRI

first_img Share Irish racing gets green light to resume in June May 15, 2020 Related Articles UK Tote secures agreement with HRI and Tote Ireland April 28, 2020 Submit HRI boosts coverage of Irish racing with RTÉ agreement May 28, 2020 StumbleUpon The on-course betting sector in Ireland continued to grow throughout 2019, with Horse Racing Ireland (HRI) reporting a 6.6% increase in turnover.Previously, the betting ring had seen its turnover fall by 75% over the last 10 years, however the latest figures have shown a revival in on-course betting, with bookies handling €58.4m.HRI Chief Executive Brian Kavanagh said: “Horse racing generates a very significant return to the rural economy in Ireland and a positive international profile for our country. None of this success could be achieved without the support provided by the Government.“2019 was a good year for Irish racing, however the industry requires long-term certainty of funding to be able to plan strategically, not least in the context of the challenges provided by Brexit.“The increased revenue from betting tax provides the basis for such a long-term funding mechanism and Horse Racing Ireland will engage actively with the incoming Government in the coming month to achieve this objective.”Commercial race sponsorship and contributions to prize money by racecourses continued to rise strongly, growing by another 17.3% in 2019, while attendance figures grew to over 1.3 million people showing a 4.5% year-on-year increase.Perhaps the most significant figure for 2019 however was the fact that, following a series of changes in betting tax arrangements, off course betting duty receipts collected by the government in 2019 amounted to €95m. These receipts, which have grown from €26m in 2014, comfortably exceeded the Exchequer funding provided for horse racing of €67.2m.Kavanagh added: “Attendances in 2019 were strong and the popularity of racing as a spectator sport was backed up by a 3.2% increase year-on-year. For the first time in a decade in 2019 Horse Racing Ireland returned with a television advertising campaign and that has been warmly received.“With the assistance of various Horse Racing Ireland capital development schemes, our racecourses have invested strongly in upgrading facilities. As well as the obvious contribution this makes to local economies, it has also served to make racecourses more modern and comfortable for racegoers. There remains much to do however, and Horse Racing Ireland will continue to work hard on ensuring the best possible customer experience.“The international environment has rarely been as competitive and prize money remains one of the key factors in attracting owners to have horses in training in Ireland.“Prize money grew by 4% in 2019 to €66.06m. There will be a further slight increase to €68m in 2020, but we want to do more.“Commercial sponsorship and racecourse contributions to prize money continued in a strong upward trend. Increases in 2016, 2017 and 2018 have been followed by a significant rise last year with commercial sponsorship and racecourse contributions to prize money up by 17.3% from €5.2m to €6.1m.“One area of prize money policy which worked well in 2019 was the introduction of a new €500,000 fund between twenty Grade 2 and Grade 3 racecourses to help increase the value of their feature races. These increases enhanced the quality of feature race days at many of our smaller, vibrant racecourses around the country.”Kavanagh continued: “It was very encouraging to see the betting ring return a 6.6% increase year-on-year. Obviously increased attendances mean more potential customers for on-course bookmakers, but it is clear also that people see the on-course bookmakers as a part of the atmosphere of a day at the races and enjoy the service and interaction that goes along with having a bet with them and with the Tote at the races. While changing habits and technological advances mean that the ring isn’t back to where it once was, this is a positive development.“2019 was another challenging year for Tote Ireland. While on course turnover fell by just 1%, Tote betting overall was down 13% (or €9m), the majority of this accounted for by a significant dip in international money bet off-course into Irish pools.“The Board of Horse Racing Ireland received a full presentation on future options for Tote Ireland. All options are being considered and we will revert with a recommended position in the coming months. The decision will reflect what we believe is the best option for Irish racing.“It is worth noting that total off-course betting receipts collected by the Government rose 81.6% in 2019, reflecting a 1% rise in the rate of betting tax. This means that, for the first time, the €95m collected in betting tax receipts significantly exceeded the Exchequer funding for horse racing. Sharelast_img read more