US election 2020: Could it be decided in courts?

first_imgIt was a tight race between Democrat Mr Gore and Republican Mr Bush. On election day, Gore won the popular vote, but things were closer in the electoral college. Everything hinged on how Florida doled out its 25 electoral votes. What are the challenges issued by Trump? Lawmakers appointed a bi-partisan commission to decide the winner. And so came the Compromise of 1877: Hayes won – by a margin of one electoral vote – by negotiating with southern Democrats. The election was resolved just two days before Inauguration Day. – Advertisement – Section divider

Petchey sells Dencora stake

first_imgTo access this article REGISTER NOWWould you like print copies, app and digital replica access too? SUBSCRIBE for as little as £5 per week. Would you like to read more?Register for free to finish this article.Sign up now for the following benefits:Four FREE articles of your choice per monthBreaking news, comment and analysis from industry experts as it happensChoose from our portfolio of email newsletterslast_img

Indonesia set to ban live animal imports from China as coronavirus fears grow

first_imgIndonesia is set to temporarily stop live animals imports from China and is mulling the possibility of banning imports of other products, including food and beverages, as fears grow that the coronavirus could spread into the country through imports.Trade Minister Agus Suparmanto told reporters on Monday that the measure would be put in place as soon as Tuesday and would remain in place until the virus had been contained.“We will obviously stop live animals imports from China and are still considering banning other products,” said Agus in Jakarta after a ministerial meeting on the coronavirus. The government “will only stop imports of products that could potentially spread the coronavirus”, he said. The government, he added, would look to other countries to fulfill demand for imported products.China is Indonesia’s biggest trade partner. The Southeast Asian country imports garlic and fruit, among other food and beverages, from China.As of Monday, the coronavirus had killed 362, all but one in China, and had infected nearly 17,392 globally, surpassing infections caused by Severe Acute Respiratory Syndrome (SARS), the result of another strain of coronavirus that originated in China in 2003.The Indonesian government declared on Sunday that it would ban all travel to and from China to prevent the spread of the deadly and highly contagious coronavirus.The ban, which took effect at 12 a.m. on Monday, prevents visitors who have stayed in China for 14 days or more from visiting or transiting in Indonesia. The government will suspend visa-free and visa-on-arrival provisions for Chinese citizens.Topics :last_img read more

Australia to spend further $1.1 billon on wage subsidies amid coronavirus

first_imgSeparately, the government will spend a further A$500 million to help re-train Australians as unemployment soars because of the coronavirus pandemic. The official unemployment rate is 7 percent, but if people on the wage subsidy scheme are counted, it blows out to around 13 percent.Morrison has said previously the broader wage subsidy scheme would not be extended, but replaced with industry specific support. Full details are expected to be announced on July 23 when the government gives an economic and fiscal update.The Reserve Bank of Australia has urged the government to extend its fiscal support, cautioning that the economy will need “considerable” support for some time.Australia is headed into its first recession in almost three decades because of lockdown measures imposed for months to combat the coronavirus pandemic. Its tourism and education sectors have been particularly hard hit.Australia has recorded nearly 11,000 cases of COVID-19, including 113 deaths. That remains well below many other countries, but a spike in the number of cases in recent days has worried officials.Topics : The Australian government plans to spend A$1.5 billion ($1.1 billion) to substantially extend a program to subsidize the wages of apprentices, its latest support measure for the work force amid the coronavirus pandemic.The plan unveiled by Prime Minister Scott Morrison’s office on Thursday is the first indication of how his government plans to prop up Australia’s ailing economy beyond September when a broader A$60 billion wage subsidy package expires.The government will extend a current program that pays 50 percent of the wages of apprentices employed by small businesses from 80,000 workers to cover 180,000 workers across all industries. The timeframe for the subsidies will also be extended from the current September expiry to March next year.last_img read more

Berlin pension fund backs ex-Berenberg bankers’ startup

first_imgThe pension fund for Berlin’s dentists’ association has taken an equity stake in and awarded a currency overlay mandate to 7orca, a new German institutional asset manager.7orca officially launched at the end of November when it obtained its license from BaFin, the German financial supervisory authority.It will concentrate on overlay management and short volatility strategies for institutional investors, in keeping with the founding members’ focus when at their previous employer, Berenberg Bank.The seven – hence the ‘7’ in the name – founding members held senior positions at the Hamburg-headquartered private bank, where they were in charge of establishing an asset management group within Berenberg. 7orca’s offices are in Hamburg’s ‘harbour city’. Source: Elbphilarmonie. Credit: Iwan Baan In addition to awarding 7orca a €300m currency overlay mandate, VZB has invested in the manager as a shareholder. Tindaro Siragusano, CEO of 7orca, told IPE the pension fund had taken an equity stake of 13% and made a mezzanine debt investment worth some €3m.VZB is represented on 7orca’s supervisory board, with Wohltmann its chair.7orca said VZB’s investment “guarantees a sufficient capital base which allows us to meet the highest requirements for professionalism and modern technology infrastructure”.The €20.6bn active asset manager Assenagon has also taken an equity stake in 7orca, also representing 13% of shares. Its co-founder Vassilios Pappas is deputy chairman of 7orca’s supervisory board.“We believe in this business model, we know the track records of the people in charge, and we wish the team an excellent start as an independent company,” said Pappas.Siragusano told IPE that the manager had agreed four mandates in total from institutional investors.In a statement, Jasper Düx, CIO of 7orca, said that by specialising in currency overlay and short volatility, the manager could provide answers to two essential questions asked by its customers: “How do you respond to increased foreign currency risks due to global diversification, and what is a sustainable alternative source of income to generate stable profits in a low-interest environment?” What’s in a name?In addition to reflecting the number of founding members, the manager’s name, ‘7orca’ , stands for overlay, risk, currency and alpha.It was a happy coincidence rather than deliberate that the initials of the manager’s core competencies spelled out the name of the ocean mammal also known as killer whale, says Siragusano when asked about this by IPE. Orcas were hunters, and very intelligent, communicative, and team players – and also, as it happens, his favourite animal, he said.“It was fate,” he said. The former Berenberg bankers have not strayed far, as 7orca is also based in Hamburg. This location – rather than the financial hub of Frankfurt – was a conscious decision, the new company said, allowing it “to monitor the hectic financial industry and to differentiate long-term trends from short-term fads”.Versorgungswerk der Zahnärztekammer Berlin (VZB), the €1.5bn pension fund for the Berlin dentists’ association, was a customer of the overlay team at Berenberg for more than 10 years, according to Ralf Wohltmann, manager of VZB.“We are pleased to be able to assist the team on its road to becoming independent,” he said.last_img read more

Apple-a-day call for all over-50s

first_img Share HealthLifestyle Apple-a-day call for all over-50s by: – December 19, 2013 Tweet Share Sharecenter_img 18 Views   no discussions Sharing is caring! If everyone over the age of 50 ate an apple a day, 8,500 deaths from heart attacks and strokes could be avoided every year in the UK, say researchers.Apples would give a similar boost to cardiovascular health as medicines, such as statins, yet carry none of the side-effects, the University of Oxford researchers say in the BMJ.They base their assumptions on modelling, not direct scientific study.Any fruit should work, but getting people to comply could be challenging.More than two-thirds of adults do not eat the recommended five portions of fruit and veg a day, population surveys suggest.And although nine in 10 of us do manage to eat at least one portion a day, Dr Adam Briggs and colleagues, from the British Heart Foundation Health Promotion Research Group at Oxford University, say we would all benefit from eating more.By their calculations, if adults of all ages could manage to eat an extra portion of fruit or veg a day, as many as 11,000 vascular deaths could be averted each year.The Victorian mantra of “an apple a day” to keep the doctor away is particularly important for the over-50s, who are at increased risk of vascular diseases, say the researchers.They analysed the effect on the most common causes of vascular mortality – heart attacks and strokes – of prescribing either a statin a day, which lowers cholesterol, or an apple a day to people over 50.Assuming at least seven in every 10 complied with the advice, statin drugs could save 9,400 lives and an apple a day 8,500 lives a year, they calculate.The data their work rests on comprises a large body of medical trials and observations involving hundreds of thousands of patients.Dr Briggs said: “The Victorians had it about right when they came up with their brilliantly clear and simple public health advice, ‘An apple a day keeps the doctor away’“It just shows how effective small changes in diet can be, and that both drugs and healthier living can make a real difference in preventing heart disease and stroke.“While no-one currently prescribed statins should replace them for apples, we could all benefit from simply eating more fruit.”Dr Peter Coleman, of the Stroke Association, said everyone stood to benefit from eating a balanced diet.“Apples have long been known as a natural source of antioxidants and chemical compounds called flavanoids, all of which are good for our health and wellbeing.“This study shows that, as part of a healthy diet with plenty of fresh fruit and veg, a daily apple could help to reduce the risk of stroke and heart disease.”BBC Newslast_img read more

Chelsea star dragged to court by ex-lover over ‘failure to pay child maintenance’

first_imgChelsea striker Michy Batshuayi’s ex took him to court over his alleged failure to pay maintenance for their two-year-old daughter. The £100,000-a-week Belgian striker had previously been ordered to pay monthly sums to former lover Gitte Van Der Elst. Chelsea’s Michy Batshuayi was taken to court by his ex-lover over ‘failure to pay child maintenance’ But the World Cup star was accused of missing two of £2,067 and being late with several others. Gitte, 26, was at a criminal hearing last week in Mechelen, near Antwerp. Belgian law can deem failure to make two maintenance payments “family abandonment” — punishable by up to six months jail and a fine. Batswayi’s lawyer Pierre Monville said payments were now up to date and blamed the player’s representatives for the missed contributions. Judge Suzy Vanhoonacker adjourned her verdict until next month when Batshuayi is likely to be acquitted. The Chelsea striker, 26, who has a three-year-old daughter from another relationship, initially denied he was the father. But a separate court ruled he was liable to pay his ex-lover towards the child’s upkeep. Batshuayi, who has mainly been a sub for Chelsea this season, met Gitte on Instagram. She was “flattered” at first but things turned sour and she now wants nothing to do with him. Read Also: Lampard drops Chelsea transfer hint after Newcastle loss She said: “As our child grows up I will tell her who her father is but I will also tell her how hard it was for us at the beginning and that he didn’t want to even know her. As for me I don’t want anything to do with him.” She went on: “He thinks I just want to ­better my financial situation but I don’t care about things like that. “I just want my daughter, I don’t need him. All that matters is my girl’s future.” FacebookTwitterWhatsAppEmail分享 Loading… Promoted ContentCouples Who Celebrated Their Union In A Unique, Unforgettable Way7 Universities In The World Where Education Costs Too MuchYou’ve Only Seen Such Colorful Hairdos In A Handful Of Anime7 Universities Where Getting An Education Costs A Hefty PennyTop 10 Most Romantic Nations In The WorldWho’s The Best Car Manufacturer Of All Time?Which Country Is The Most Romantic In The World?Who Is The Most Powerful Woman On Earth?7 Reasons Why You Don’t Get Your Work Done On ScheduleBest & Worst Celebrity Endorsed Games Ever Made7 Ways To Understand Your Girlfriend Better6 TV Shows That Got Better After A Major Character Had Leftlast_img read more

1 killed, 1 injured in road accident

first_imgBACOLOD City – The motorcycle they wereriding crashed against a truck on the national road in Barangay Aguisan,Himamaylan City, Negros Occidental. The 23-year-old Jeremias Blanco Jr. ofBarangay 3, Himamaylan City died, while the 29-year-old Joliza Rey Blanco ofBarangay Sara-et, Himamaylan City was injured, a police report showed. Jeremias and Joliza were brought to theGov. Valeriano M. Gatuslao Memorial Hospital in Himamaylan City where theformer was pronounced “dead on arrival.” Mamac, meanwhile, surrendered and wasdetained in the lockup cell of the Himamaylan City police station, facingcharges./PNcenter_img Police identified the Fuso truck driveras 21-year-old Ryan Mamac of Barangay 21, Victorias City, Negros Occidental. The crash happened around 6:45 a.m. onFeb. 24, it added.last_img read more

RCCF grant brings change to Kids Discovery Factory

first_imgBatesville, In. — Through the partial support of a Ripley County Community Foundation grant Kids Discovery Factory has hired the first part-time employee. Vanessa Beetz will serve as program director and oversee the Kids Discovery Mobile Factory, the annual STEAM Camp and other operational needs.Beetz is a native of southeastern Indiana who attended Sunman schools and Oldenburg Academy before obtaining her B.A., Economics from Hanover College and M.S., Elementary Education from Indiana University. Her professional and classroom experience made her the perfect candidate to grow the Kids Discovery Factory programs.For questions regarding the Mobile Factory or STEAM Camp contact or call 812-932-KIDS (5437).last_img read more

Ferdinand to leave United

first_imgDefender Rio Ferdinand will leave Manchester United this summer after 12 years at the club. Ferdinand has lost his place in the United first team over the last couple of years due to a series of injuries and because of the emergence of Phil Jones, Jonny Evans and Chris Smalling. Ferdinand’s contract expires this summer and he has revealed he will not be signing an extension. “I am feeling fit and healthy, ready for a new challenge and looking forward to whatever the future holds for me.” Ferdinand made 454 appearances for Manchester United and earned 81 caps for England before announcing his international retirement in May last year. His partnership with Nemanja Vidic was integral to the Reds’ title-winning teams in 2007, 2008 and 2009 and both were named in the PFA Team of the Year at the end of each campaign. Ferdinand signed a one-year extension to his contract this time last year but has found first-team opportunities harder to come by this season, making just 14 Premier League appearances. The decision to let Ferdinand go ignores the advice of interim manager Ryan Giggs, who insisted earlier this month the defender could still make a useful contribution and should be offered a new deal. There were no hard feelings, however, as United said on their official Twitter account: “#mufc would like to thank Rio Ferdinand for his long and distinguished service, and wish him well for the future.” Former Manchester United defender Gary Neville reacted to the news of Ferdinand’s departure on Twitter. He said: “So it looks like Rio and Vida allowed to leave at once!!! A conveyor belt has become a cliff!” The 35-year-old former England captain will therefore leave Old Trafford although he has no desire to retire and is now looking for a new club. In a statement on his website, Ferdinand said: “I have thought long and hard over the last few months about my future, and after 12 fantastic years playing for what I regard as the best club in the world, I have decided the time is right for me to move on.” Ferdinand moved to Old Trafford from Leeds in July 2002 for a then British record transfer fee of £29.1million, which also made him the world’s most expensive defender. He won the Premier League title in his first season at the club and went on to lift the trophy five more times in 2007, 2008, 2009, 2011 and 2013. Ferdinand also won the Champions League in 2008 as the Reds beat Chelsea on penalties in the final in Moscow, as well as two League Cups and a Club World Cup. His statement continued: “I joined Manchester United in the hope of winning trophies, and never in my wildest dreams could I have imagined how successful we would be during my time here. “There have been so many highlights, playing alongside some great players who have become good friends, winning my first Premier League title and also that fantastic night in Moscow are memories that I will cherish forever. “Circumstances didn’t allow for me to say goodbye the way I would have liked but I’d like to take this opportunity to thank my team-mates, staff, the club and the fans for an unbelievable 12 years that I’ll never forget. Winning trophies I dreamed about as a kid came true at this great club. Press Associationlast_img read more