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BlackRock warns South Korean utility on planned coal investments in Vietnam, Indonesia

first_imgBlackRock warns South Korean utility on planned coal investments in Vietnam, Indonesia FacebookTwitterLinkedInEmailPrint分享Bloomberg:BlackRock Inc. has challenged Korea Electric Power Corp. over plans to invest in new coal-fired power plants in Vietnam and Indonesia.The world’s top asset manager raised concerns over “several controversial coal projects” with a South Korean utility, including in meetings in the first quarter, it said in a report last month. BlackRock “contacted the CEO seeking a clear strategic rationale for its investments in coal energy,” it said, without naming the company.Kepco, as the utility is known, confirmed Thursday that it received a letter from BlackRock, which it said requested fuller disclosure of its planned involvement in new coal-fired plants overseas.BlackRock’s Chief Executive Officer Larry Fink in January pledged that the firm would make climate change a priority across its funds, becoming one of the highest-profile proponents for climate-friendly investing.Kepco is seeking to buy a stake in the Vung Ang 2 project in Vietnam, the spokesman said Thursday. It also said in January that it’s pursuing involvement in the Java 9 & 10 coal-fired power projects in Indonesia.BlackRock said in its Global Quarterly Stewardship Report that the South Korean company’s plans appear to contravene the utility’s energy transition commitments and are at odds with decisions by banks and other companies to exit the same projects.[David Stringer, Heesu Lee and Aaron Clark]More: BlackRock warns Korean utility on overseas coal plant pushlast_img read more

Regional Marines in Sync

first_imgBy Dialogo January 01, 2012 Marine leaders from Bolivia, Brazil, Chile, Colombia, Dominican Republic, Ecuador, El Salvador, Honduras, Mexico, Panama, Paraguay, Uruguay and the United States participated in the 2011 MLAC. Leaders agree that this type of collaboration is key for security cooperation. Brigadier General Héctor Julio Pachon Cañón, commandant of the Colombian Marine Corps, told Diálogo that during the MLAC conferences “joint and combined strategies are designed and integrated to combat transnational crimes that affect the entire hemisphere.” General James Amos, commandant of the U.S. Marine Corps, told Diálogo, “Standing alone, none of us has all the answers to these complex challenges, but together we can combine our unique experiences for the mutual benefit of all.” The 2011 MLAC also addressed common security threats, such as narcotrafficking in the region, which extends beyond producer countries to the entire region, taking the form of violence and shadow economies that undermine economic growth. “We all agree that narcotrafficking is simply a threat that does not respect borders,” Peruvian Admiral Luis Ramos Vargas said. “It [narcotrafficking] does not limit itself to Peru, Colombia and Bolivia; all of the countries in the region end up becoming transit countries, places where the drugs are stashed in order to then be transported to Europe, the United States and Asia.” More than 5.7 million people in the Western Hemisphere are affected by natural disasters each year. Within the region that encompasses the Caribbean, Central America and South America, approximately three-quarters of the population are estimated to live in at-risk areas for health disasters, and one-third lives in areas highly exposed to hazards such as earthquakes and landslides. Adding to these threats, each country within the region also faces the impact of narcotrafficking. These dangers call for Marine Corps assistance that, at times, involves several countries’ forces working together. Integrating multiple Marine Corps units to confront these diverse challenges cannot take place for the first time after a disaster or in the midst of a hunt for a narcotrafficking group. That is why the region’s Marine Corps have regular meetings at all levels to collaborate on sharing information and training. Marine Leaders Meet Marines have a long history of working and training together to mitigate natural disaster conditions and the threat of narcotrafficking in the region. Since 2001, top-ranking Marine leaders have gathered every two years for the Marine Leaders of America Conference (MLAC), a relationship-building forum in which commandants discuss issues of common regional concern. During the last MLAC, held August 29 to September 2, 2011, in Lima, Peru, Marines discussed techniques and lessons learned from peacekeeping operations, humanitarian aid and disaster relief operations. center_img Although regional Marine Corps have varying missions, the qualities inherent in Marine units assist greatly in providing security and augmenting the forces of the counterdrug authorities in the region. “The Marine Corps are very flexible units for their capability to deploy quickly, and can be a very useful tool for states,” said Captain Gerardo Priguetti, commandant of the Uruguayan Marine Corps. In Colombia’s case, working alongside other components of the National Navy, “[Marine Corps units] shows tangible results such as the interdiction of great quantities of liquid and chemical compounds used for the production of cocaine, as well as the confiscation of several tons of cocaine hydrochloride ready to be imported to other countries,” said Brig. Gen. Pachon Cañón. “This [conference] allows us to see, to open our minds to the realities of other Marine Corps,” said Capt. Priguetti. “These meetings allow us to help and to see different viewpoints to common problems.” Across Ranks Marines across Central America, South America and the Caribbean are going a step further, by also having a meeting among the senior enlisted leaders to consolidate their efforts against these security threats. Marine Corps senior enlisted leaders representing Chile, Colombia, Dominican Republic, Ecuador, El Salvador, Guatemala, Honduras, Panama, Paraguay, Peru, Uruguay and the United States met for the first time ever from April 4–7, 2011, at the Senior Enlisted Marine Leaders of the Americas Conference (SEMLAC) at the Círculo de Suboficiales military base in Bogotá, Colombia. SEMLAC is set to become a regular event, conducted at various locations throughout Central and South America, to forge strong relationships working toward regional security. The event was co-hosted by the Marine Corps of Colombia and the U.S. to provide senior enlisted leaders a forum to discuss regional security cooperation and training against the region’s threats. The meetings of Marine Corps leaders have provided multiple benefits in military collaboration: Professional exchanges among naval infantry forces in the region have increased, Marine Corps training programs have improved as a result of the collective lessons learned, and the United Nations Stabilization Mission in Haiti (MINUSTAH) has received enhanced naval infantry support. Sources: www.marina.mil.pe, U.S. Marine Corps, Pan American Health Organization/World Health Organization, United Nations Office for the Coordination of Humanitarian Affairslast_img read more

German economy set for ‘significant’ recession: Economists

first_imgBut a deeper “V” due to widespread halts in production or a longer period of isolation to slow the virus’ spread could bring a 5.4 percent slump, followed by growth of 4.9 percent in 2021.In the still-more-damaging “U” scenario, with contact restrictions lasting “beyond the summer” and economic recovery setting in only next year, GDP might fall 4.5 percent in 2020, but add just 1.0 percent next year, the experts suggested.SVR member Achim Trueger urged Berlin to coordinate with governments elsewhere in Europe and further afield on both health and economic measures to lay the groundwork for the recovery in Germany’s highly-interconnected economy.”It’s not much good if one country, hopefully Germany, comes through the crisis relatively well, but around us the crisis is not yet over, then we won’t be able to ramp up production,” Trueger said.The SVR members hailed as “welcome” a 1.1-trillion-euro package of economic support from Berlin including easier access to benefits for workers on shorter hours, guarantees for loans to business and direct support for firms hardest hit by the crisis – up to and including the state taking stakes in stricken companies.In the weeks ahead, “optimum use should be made of the time during which the public health measures are in place in order to support the recovery and long-term economic development,” the experts added.That could range from training and further education for workers to making faster progress on construction projects in areas affected by shutdowns, like schools and public transport.”Further, the restrictions make fast progress on digitalisation imperative for businesses and public administration,” the economists said – with integrating IT into daily work, an area where Germany is widely seen as lagging behind.Topics : Measures to contain the coronavirus outbreak will slash German 2020 economic output by 2.8 to 5.4 percent before a rebound next year, a panel of economists who advise the government said Monday.”The German economy will shrink significantly in 2020,” the so-called “Wise Men” expert panel (SVR) said, with the exact size of the impact “depending on the extent and duration of health policy measures and the subsequent recovery”.Like other economists around the world, the group sketched different scenarios for the virus’ impact on Europe’s top economy depending on whether it follows a “V” shape, with a sharp drop matched by a swift recovery, or a more prolonged “U” in which the rebound takes longer to materialise. Germany’s 83 million people are currently under slightly less strict lockdown conditions than in other European nations like France and Italy, with non-essential excursions outside mostly still allowed.But companies from airline giant Lufthansa to car behemoth Volkswagen have already slashed their operations in response.’V’ or ‘U’?In their central outlook with activity “normalising over the summer”, the SVR forecast a 2.8 percent drop in gross domestic product (GDP) in 2020, followed by a 3.7 percent expansion next year.last_img read more

Hector Bellerin insists ‘everyone’ at Arsenal ‘trusts’ Unai Emery after frustrating start

first_imgBellerin has only played in Arsenal’s cup competitions this term (Picture: Getty)Despite the Gunners’ worrying start to the campaign, Bellerin has jumped to Emery’s defence and claims the entire squad have confidence in the Spaniard.AdvertisementAdvertisement‘I think this team has evolved a lot since the beginning of last season,’ Bellerin said.‘When the board sign a manager like Unai, they know it’s all going to be part of a process.‘He has his ideas and he’s done so well at Sevilla and Valencia and Paris – so everyone trusts in the manager.More: FootballRio Ferdinand urges Ole Gunnar Solskjaer to drop Manchester United starChelsea defender Fikayo Tomori reveals why he made U-turn over transfer deadline day moveMikel Arteta rates Thomas Partey’s chances of making his Arsenal debut vs Man City‘Sometimes things don’t go your way but then it’s about turning it around.‘I think if you take out from last season those three games which we lost – it would have been a very positive season and turned out another way.‘It is part of a process and I think we are improving as players and the manager is getting to know us every single day and for us it is to just to keep going forward with the head up.’ Hector Bellerin insists ‘everyone’ at Arsenal ‘trusts’ Unai Emery after frustrating start Arsenal v Crystal Palace: Unai Emery press conferenceTo view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video Play VideoLoaded: 0%0:00Progress: 0%PlayMuteCurrent Time 0:00/Duration Time 6:44FullscreenArsenal v Crystal Palace: Unai Emery press conferencehttps://metro.co.uk/video/arsenal-v-crystal-palace-unai-emery-press-conference-2035670/This is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window.Bellerin is yet to feature in the Premier League since returning from a serious knee injury, but the right-back has told Emery he’s ‘ready’ to face Palace this weekend.‘When something you love so much, for whatever reason, is stopping you from doing it, I don’t think there is a worse thing.‘But while the process has been really hard, I’ve also taken a lot of positives out if it – as a person and as a player.More: FootballBruno Fernandes responds to Man Utd bust-up rumours with Ole Gunnar SolskjaerNew Manchester United signing Facundo Pellistri responds to Edinson Cavani praiseArsenal flop Denis Suarez delivers verdict on Thomas Partey and Lucas Torreira moves‘I had family and friends with me and other distractions that in the past six years of my life I wasn’t able to do while I was playing all the time, like being in my home town for two months.‘Even though I was sitting on the sofa and couldn’t move, it was a long time since I’d been able to enjoy my friends and family. When life takes things from you, it gives you other positives and always important to look at the brighter side.‘I am feeling better every day. I am ready whenever the decision of the manager is to play me.’Will Arsenal finish in the top four this season?Yes0%No0%Share your resultsShare your resultsTweet your resultsMORE: Unai Emery says he agreed Mesut Ozil exile with Arsenal top brass Advertisement Commentcenter_img Metro Sport ReporterSunday 27 Oct 2019 8:45 amShare this article via facebookShare this article via twitterShare this article via messengerShare this with Share this article via emailShare this article via flipboardCopy link239Shares Advertisement Hector Bellerin has full confidence in Arsenal manager Unai Emery (Picture: Getty)Hector Bellerin has backed Arsenal to get over their frustrating start to the season and insists ‘everyone’ at the club ‘trusts’ Unai Emery.Arsenal have only managed two wins from their seven matches in the Premier League and Emery has faced criticism from pundits and supporters for the team’s playing style and inconsistent results.The biggest concern of all has been Arsenal’s away form, with the north London club beaten in half of their last ten away games on the road, taking just 11 points from a possible 30.A wretched 1-0 defeat at Sheffield United last weekend was arguably their worst performance yet and Emery will be desperate for all three points when the side hosts Crystal Palace on Sunday.ADVERTISEMENTlast_img read more

‘Super-charged’ suburb in good company

first_imgNorth Harbour, BurpengaryIt has been labelled one of Brisbane’s ‘supercharged suburbs’, and it sits within a region that is leading the property charge.The Price Predictor Index by Hotspotting has named Burpengary as one of the Top 50 Super-charged Suburbs in the nation.It is joined by Kippa-Ring and Sandstone Point, making the Moreton Bay Regional Council area a standout performer.Just 10 Queensland suburbs made the list, with three located within Moreton Bay, with the report looking at sales activity, rather than prices, to determine the best and worst local government areas for property market growth.“This (Moreton Bay) is still the number one LGA (local government area) in Australia for growth markets, despite a slight reduction in the number of rising suburbs,” the report found. “Moreton Bay LGA . . . has 10 Rising Steadily markets, including Banksia Beach, Bellmere, Caboolture, Burpengary, Deception Bay, Kippa-Ring, Narangba, Petrie and Sandstone Point.”Quarterly sales in Burpengary have risen from 69 to 97 in the past six quarters, the report said.More than 14,000 people called Burpengary home during the 2016 Census, with North Harbour in Burpengary East to be home to more 2000 houses once completed.North Harbour’s first residents arrived in 2015 and since then more than 500 families have bought land. The new Reflections Park at North Harbour, BurpengaryOnce completed, the masterplanned neighbourhood will have a proposed 1000 acres of open space and parklands including walking and bike tracks, a Raff Creek eco-corridor, high speed fibre optic broadband that will be faster than the NBN and reticulated natural gas to every home. North Harbour at Burpengary EastA marina is also in the works, with a development application before council.“As the neighbourhood grows, a great sense of community is emerging,” project director Peter Lightbody said.“Our planned sporting fields, 1000 acres of open space, a proposed school, and proposed marina village of shops, cafes and restaurants will add to the amenities of this great community.”More from newsLand grab sees 12 Sandstone Lakes homesites sell in a week21 Jun 2020Tropical haven walking distance from the surf9 Oct 2019North Harbour is home to the largest display village on the northside, with work currently underway on a second display village.Stage 20 has just been released. Construction of Riparian Park, which is aimed at older kids and will include a flying fox, basketball half court and shelters, barbecues and fitness equipment, will start mid year.Work has begun on the $3 million Heritage Precinct, which is in partnership with the Abbey Museum of Art and Archaeology.The precinct will centre on the heritage listed “Moray Fields” homestead site which was the first European settlement in the area and dates back to 1861.Land within Stage 20 starts from $234,000. A four-bedroom house on a 323sq m lot is listed from $428,440.The median house sales price in Burpengary is $450,000, and $544,000 in Burpengary East, according to CoreLogic.***QUEENSLAND’S 10 SUPERCARGED SUBURBSBurpengaryDalbyKippa-RingMareebaPort Douglas RaceviewSandstone PointSpringfieldTewantinTrinity Beach(Source: Price Predictor Index report from Hotspotting)last_img read more

Yang Ming to Strengthen Intra-Asia Presence

first_imgTaiwanese shipping company Yang Ming Marine Transport Corp. revealed plans to launch a new Taiwan-Japan service (JCH), further enhancing its intra-Asia service network.Effective January 26, 2020, the JCH service will provide weekly direct service between Kaohsiung, Osaka, Kobe and Hakata.As explained, the launch of JCH service will expand Yang Ming’s existing services between Taiwan and Japan, namely Japan-Malaysia-Vietnam (JMV), Japan-Taiwan-Bangkok (JTC), Japan-Taiwan-South China Express (JTS), Japan-Thailand Express Service (JTX) and Pan Asia Service (PAS).Furthermore, the transit time between Taiwan and Japan’s Kansai region will be shortened by 1~2 days at least, according to the company.As of October of 2019, Yang Ming operated a fleet of 103 vessels with an aggregate tonnage of 7.79-million dwt and an operating capacity of 678 thousand TEUs.last_img read more

Bulldogs Ripley County Middle School Track Champs

first_imgRipley County Middle School Track Meet Results @ Jac-Cen-Del.Girls Scores: Batesville 90, Jac-Cen-Del 73, South Ripley 17,       Milan 4.Bulldogs Results:  Discus-2 Katie Bedel (58’4”)  4 Georgie Doll (46’6”); Shot Put-2 Katie Bedel (25’9”)  5 Georgie Doll (22’1”); High Jump-1 Katie Bedel (4’7”)  5 Carley Pride (4’); Long Jump-1 Madelyn Pohlman (12’2”)  3 Olivia Dick (11’0.5”); 100M Hurdles-3 Sydnee Schaefer (20.1)  4 Cora Deputy (21.3); 100M-1 Chloe Schroeder (14.7)  2 Madelyn Pohlman (15.2); 200M-1 Lily Meyer (31.2)  2 Ava Hanson (31.2); 400M-1 Chloe Schroeder (1:05.2)  2 Carley Pride (1:06.6); 800M-1 Katie Olsen (2:41)  3 Maria Lopez (2:49); 1600M-2 Lily Pinckley (6:09)  3 Lexi Huber (6:15); 400M Relay-1 BMS Katie Olsen, Katie Bedel, Lily Meyer, Madelyn Pohlman (58.3); 1600M Relay-1 BMS Ava Hanson, Chloe Schroeder, Sarah Ripperger, Carley Pride (4:46).Boys Scores:  Batesville 57, Jac-Cen-Del 49, Milan 42, South Ripley 36.Bulldogs Results:  Discus-5 Luke Nuhring (91’4”); High Jump-2 Eli Pierson (5’2”)  3 Will Gunter (5’2”); Long Jump-2 Ethan Brewer (15’2”)  4 Sam Robben (14’11”); 110M Hurdles-2 Sam Robben (19.1)  3 Ethan Brewer (19.4); 100M-3 James Kuisel (13.5); 200M-3 Kavin Saravanan (27.8)  5 James Kuisel (28.2); 400M-3 Eli Pierson (1:04.6); 800M-1 Ean Loichinger (2:20.2)  2 James Kuisel (2:20.5); 1600M-1 Ean Loichinger (5:07)  2 Dillon Murray (5:20); 1600M Relay-1 BMS Eli Pierson, Will Gunter, Dillon Murray, Ean Loichinger (4:16).Courtesy of Bulldogs Coach Derek Suits.last_img read more

Chapman rules URSS thriller on night one of Bob Salem Memorial

first_imgBy David Smith Jr.OBERLIN, Kan. (Aug. 19) – Toby Chapman proved patience is a virtue as he passed race-long leader Jed Werner on the final circuit to claim the thrilling United Rebel Sprint Series feature on Saturday in front of a packed house at Oberlin Speedway on night one of the Bob Salem Memorial.It looked to be Werner’s night but Chapman had other ideas as the Nebraska veteran passed Tracey Hill for the runner-up position with three laps remaining and set his sights on the leader.On the last lap Chapman put a slide job on Werner in turn one with Werner crossing under and they went side-by-side down the backstretch. Werner drove hard into the bottom of turn three and slid up back into the lead with Chapman crossing under and nipping Werner at the line by a half car length.Eleventh starting and current series point leader Zach Blurton came through the field to finish third while Hill settled for fourth. Fourteenth starting and hard charger Nick Haygood rounded out the top five.Feature results – 1. Toby Chapman; 2. Jed Werner; 3. Zach Blurton; 4. Tracey Hill; 5. Nick Haygood; 6. Koby Walters; 7. Steven Richardson; 8. Buddy Tubbs; 9. Nate Berry; 10. John Webster; 11. Nick Nichols; 12. Kaden Taylor; 13. Scott Cochran; 14. Ty Williams; 15. Aaron Ploussard; 16. Mike Taylor; 17. Mark Walinder; 18. Ryan Ellinger; 19. Keefe Hemel; 20. Lonnie Cox.last_img read more

FA Cup: Man U hit six past League One Tranmere

first_imgRelatedPosts Ighalo: My best moment as ‘Red Devil’ EPL: Crystal Palace stun sloppy Man U EPL: Red Devils attack Palace Manchester United gave manager Ole Gunnar Solskjaer a much-needed boost with a 6-0 mauling of Tranmere on Sunday to reach the FA Cup fifth round. Despite a fast Tranmere start, United scored three goals in six minutes against the run of play through unlikely scorers Harry Maguire, Diogo Dalot and Jesse Lingard to effectively end the match as a contest. Workmanlike Tranmere held out until the last five minutes of the half, but Phil Jones (41) and Anthony Martial made it five before the break, while United fans chanted songs criticising their owners. Mason Greenwood wrapped the game up with a penalty just before the hour to put the seal on a highly clinical and effective performance marking their biggest away win this century on a poor Prenton Park pitch. Tranmere actually started much the brighter, with the lively Morgan Ferrier causing trouble with his bustling runs and drawing a booking from the uncertain Jones after just four minutes. But despite the nervy start, United took the lead through Maguire’s first goal since joining the club in the summer. The United captain unleashed a fierce, dipping 20-yard effort that skimmed off the head of Peter Clarke on its way to the top corner. Dalot then jinked into the box and struck the ball sweetly across Tranmere goalkeeper Scott Davies before Lingard curled in a fine effort from the edge of the box to put Solskjaer’s side in complete control. Jones rose above Connor Jennings to nod in from a corner for his first goal in five years, before Martial – via a slight deflection off Kieron Morris – made it five from an almost identical position to Lingard’s goal. After the break Greenwood extended the lead even further from the penalty spot, coolly sending Davies the wrong way after Tahith Chong was chopped down recklessly by the Tranmere goalkeeper. Greenwood’s goal marked the first time United had scored six goals in a game since Sir Alex Ferguson was in charge of the 8-2 thrashing of Arsenal in 2011, and only the second time in their history they had six different scorers. Six substitutions disrupted the match’s rhythm and Manchester United’s tempo, but the visitors kept piling on pressure, with Lingard then Tahith Chong striking the woodwork before the game petered out as Tranmere shut up shop. Whether executive vice-chairman Ed Woodward and the Glazers – not present at the game – heed the supporters’ urging and make any signings before the deadline on January 31 remains to be seen.Tags: Harry MaguireJesse LingardManchester UnitedOle Gunnar SolskjaerTranmere Roverslast_img read more

Dangote commits $1m to Moshood Abiola Stadium

first_imgRelatedPosts Minister gives condition for resumption of contact sports Minister pledges support for development of AI, robotics in Nigeria NSF 2020: Sports minister raises fresh hope Africa’s richest man and the President of Dangote Group, Alhaji Aliko Dangote, has committed a whopping sum of $1 million to the renovation of Moshood Abiola Stadium, Abuja.This was contained in a statement by the media office of the Minister of Sports, Sunday Dare, on Wednesday. According to the statement, the Minister thanked Dangote for responding to the call to restore the edifice.After months of “discussions, planning and processing, that promise has come to fulfillment today with the kick-off of the project… the football pitch will be getting the long overdue face- lift it deserves.”Dare commended Alhaji Dangote and his group for believing in the vision of the Ministry by agreeing to partner with it to restore the fading glory of the edifice.The Minister further asserted: “This landmark event reinforces my faith in the public-private sector partnership in line with Government’s efforts at delivering on our mandate. Government alone cannot fund sports and maintain facilities we need more private corporations to take a cue from what Alhaji Aliko Dangote and Chief Adebutu Kessington have done in supporting our drive to renovate and maintain our facilities for use by our athletes and to play host to international events.”While urging Messrs. Aron Nigeria Limited, the Contractor, to move with the speed of light, Dare said government had imbibed a proper maintenance  culture to guarantee that the huge sum spent on these projects are not wasted. The rehabilitation will be done with 24 weeks.Tags: Aliko DangoteDangote GroupMoshood Abiola StadiumSunday Darelast_img read more