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Africa Needs Sound Economic Policies

first_imgAfrican leaders have been implored to adopt good economic policies in order to improve the continent’s infrastructure and reduce poverty. The call was made by participants of the just-ended week-long regional course on economic and financial analyses for analysts in the Sierra Leonean capital, Freetown. The one-week seminar was jointly organized by the West African Institute for Financial and Economic Management (WAIFEM) and the African Capacity Building Foundation (ACDF). Thirty-two executive, senior and middle-level officials drawn from ministries of finance, central banks, print and electronic media institutions and networks from Sierra Leone, Nigeria, Ghana, Liberia and The Gambia participated in the seminar. In their communiqué, the participants highlighted how Africa’s poverty level is on the rise, a situation, they blamed on bad governance by African leaders.They stressed the importance of increased awareness on regional integration by member countries of the sub-region and underlined sovereignty protection and corruption as some of the reasons for the slow pace of attaining regional economic integration.The workshop was declared open on June 23, by the Governor of the Central Bank of Sierra Leone, Mr. Sheku Sambadeen Sesay, who was represented by Mr. I. K. Lamin, Director of the Financial Markets Department of the Bank of Sierra Leone. In his opening address, the Governor commended the African Capacity Building Foundation (ACBF) for collaborating with WAIFEM to build capacity of participants in the Sub- region.While expressing his views on the importance of the course, he observed that in economic analysis the strengths and weaknesses of an economy are analyzed while financial analysis aims at assessing profitability, solvency, liquidity and stability of public and private entities.He therefore noted that, economic and financial analysts must have adequate knowledge on issues like cost-benefit analysis, economic impact analysis, trade policy analysis, economic development and growth analysis as well as basic macroeconomics and interpretation of financial indicators.Mr. Lamin highlighted some of the challenges in economic and financial analysis which include the lack of many knowledgeable professionals especially in the sub-region and the need for timely, accessible and quality data dissemination. Finally, the Governor encouraged participants to take advantage of the workshop and learn more about domestic and international economic and financial issues in the interest of the sub-region. In his welcoming remarks, the Director General of WAIFEM, Prof. Akpan H. Ekpo, who was also represented by Mr. Ousman Sowe, Director of Financial Sector Management Department, expressed his appreciation to the President, government and people of Sierra Leone for providing the opportunity to conduct the training workshop in Freetown.He commended the management and staff of the Central Bank of Sierra Leone for their excellent logistic support to WAIFEM and also, to ACBF for joining them in building the capacity of financial analysts in the sub-region.He used the occasion to enjoin participants to take maximum advantage of the opportunity afforded by the workshop and to derive maximum benefits from the vast and valuable wealth of knowledge and experience of the experts drawn from the academia, practitioners and WAIFEM faculty to facilitate the course. The main objective of workshop was to equip participants with an excellent practical overview and insight into economic and financial markets. It was also intended to update the knowledge and upgrade the skills of financial analysts in economic and financial policies with a strong emphasis on economic and financial analysis and performance monitoring.The seminar covered broad themes such as Review of Basic Macroeconomic Model; Design and Tools of Monetary Policy; Coordination of Monetary and Fiscal Policy; Interrelationships among the Macroeconomic Sectors; Regional Economic Integration: Rationale, Challenges & Prospects; Role of Financial Markets; Fiscal Policy Management; Role of Statistics in Economic Management and Money Laundering and Financial Crimes.Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)last_img read more

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Chetwynd School Teacher Honoured

first_imgChetwynd Secondary School teacher coach Helen Toppin was honoured for her 24 years of dedication and commitment to student athletes at the first-ever BC School Sports recognition dinner held in Richmond Friday.”The work Helen does for this community and its students is invaluable,” says Peace River South MLA Blair Lekstrom. “Her commitment to nurture her student athletes and to help them to reach their potential builds the foundation for their successful futures. Congratulations to Helen. I’m pleased she’s being acknowledged for her contributions and dedication.” Eighteen coaches from across the province were honoured during the dinner where they received a framed certificate and a BC150 commemorative book titled British Columbia: Spirit of the People, chronicling the province’s history. The coaches were chosen after being profiled on the BC School Sports website. Each month a male and female coach is profiled in recognition of their commitment and hard work based on submissions from athletic associations, member schools and sport commissions. – Advertisement -Each profiled coach is also entered to win the provincial coach of the year award. Nominations for a female and male coach of the year are received by March 31 and selections are made by the Awards and Scholarship Committee based on years of service, the sport and the regions they represent. BC School Sports is a voluntary non-profit society with a membership of 400 schools. It is independent from government and school boards. Its mission is to provide governance for interschool competition, encourage student participation in extra-curricular athletics and assist schools in the development and delivery of those programs.last_img read more

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Hails CPL coaching stint as beneficial

first_imgHercules optimistic of Essequibo’s performance…By Timothy JaikarranAs franchise cricket continues, head coach of the Professional Cricket league (PCL) defending champions (Essequibo) Ryan Hercules is optimistic about his team’s performance. Under the coaching of the experienced Hercules the Essequibo side have improved drastically, adding the title of 2018 PCL Champs under their belt.Ryan HerculesHercules made his debut for Guyana in the 2003 Regional Under-15 tournament. He later represented Guyana in the 2005 TCL Group West Indies Regional Under-19 tournament, played in the Windwards, and then in the 2006 TCL Group West Indies Regional Under-19 tournament, played in Guyana. So impressive was he in the field during the 2006 regional Under-19 competition that he was named Best Fielder and Most Valuable Player (MVP) of that series. Hercules played first division cricket in Trinidad from 2007-2009 before securing a contract as the overseas player for Shadwell Cricket Club, in Yorkshire. At Shadwell, he did not disappoint. In 2009 he played 41 matches, scored 1,190 runs (at an average of 38.39) and took 65 wickets at 13.50 apiece, and bowled with blistering pace. Shadwell retained Hercules for another season and in 2010 he scored 1,090 runs at an average of 41, and took 75 wickets at 11.10. From there he has had many other successes that landed him the role of head coach for the Essequibo side.Hercules shares his experience with GAW opening batsman Chandrapaul HemrajIn a sit down with this publication, when asked the feeling of coaching a successful side, Hercules said, “Well it’s a good feeling to know I’m coaching a successful side, the guys put in a lot of work and it’s paying off for them. My motivation comes from seeing and wanting the guys to do well and excel them self on and off the field. We have the experienced Ronsford Beaton in our side which is a huge boost, in terms of my expectation from him, it’s great to have him in the team, he is a very great player and a match winner. He knows his role in the team and what he wants to achieve in the tournament, we talked about it before the tournament started what is expected of him and with his level of experience he knows what is expected of him, so we can defend our title.”He also noted that during off season when them isn’t franchise cricket, the players and himself are still active, in preparation for the coming season. “Most of the players play cricket for my club police sports club so we get to work out /train together even when there is no franchise cricket. We have the outdoor cricket facility at Parika ground that was donated by the Guyana cricket board, so we also use that to do practice as well.” He relayed that fitness plays a key role in his unit as the game of cricket has change rapidly over the years and thus requires a faster paced approached, therefore stressing that fitness is key.Hercules also added that while he has gained experience over his years in cricket, his time apart of the Guyana Amazon Warriors coaching set up has been beneficial to him. “It was a good experience being around Johan Botha and learning a few things from him it’s a plus for me because I can help my guys (Essequibo team) to improve their game.”last_img read more

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Gas prices don’t deter drivers yet

first_imgNEW YORK – For all their complaining as they pay more than $3 a gallon or more to fill up their cars, few American drivers have yet to reach the point of cutting back. That’s the message from government statistics showing that demand for gasoline is only just starting to level off even as refinery outages and tight supplies have sent pump prices soaring by 43percent since the end of January. And brace yourself: Experts say with gas already closing in on $4 a gallon in Chicago and San Francisco ahead of the peak summer driving season, still higher prices could be in the cards. “I drive 55 miles each way to work every day,” said Sandy Coldenof Medford, N.J., one recent morning while loading groceries into her Honda Pilot SUV. “So I really don’t have a choice, unfortunately.” Colden’s not alone. Most Americans are locked into their driving habits and can do little to alter their fuel-buying patterns when prices rise, experts say. For example, the number of workers with commutes lasting longer than 60 minutes grew by almost 50percent from 1990 to 2000, according to Census Department data. Weekly gasoline demand in April increased as much as 1.9percent over the same weeks in 2006 even as the average national price of a gallon of gasoline grew from $2.71 to $2.97 by the end of the month, according to Energy Information Administration data. Only during the first week of May, when prices jumped to $3.05 a gallon, did demand for gasoline abate slightly – by about two-one hundredths of a percent, EIA figures showed. Experts disagree about how high prices have to rise before consumers are shocked into driving less – at least temporarily. “We might actually see some reaction at $3.50 (a gallon)” nationally, said Larry Compeau, executive officer of the Society for Consumer Psychology and professor of marketing and consumer psychology at Clarkson University in Potsdam, N.Y. Lars Perner, assistant professor of clinical marketing at the University of Southern California’s business school, disagrees, saying the tipping point is more likely $4 a gallon. Try telling that to Jennifer Hoover, 32, a graphic designer who lives in the San Francisco area. She said she was startled by her bill – $58.69 to fill up her silver Audi sedan with $4.09 a gallon premium gasoline on Tuesday – but was late for an appointment and had no other choice. “I was just thinking when I drove up – `Why am I stopping here when it’s $4.09?”‘ she said. “But it’s on my way, and I’m late and I have to do what I have to do.” Eddie Engles, 37, filled up his GMC Yukon at a gas station near downtown Chicago on Tuesday for $3.71 a gallon, costing the clothing distributor $83.89. “That’s a new record. Every time I pump up, it’s a new record.” Engles, who uses his SUV to haul his wares, said he has few options when it comes to cutting down on travel and gas expenses. “I just need it,” he said. “What am I going to do? Not fill up?” There was a definite consumer reaction in September 2005 after Hurricane Katrina outages pushed prices above $3 gasoline for the first time. Demand dropped as much as 6.5percent. “There was … something significant psychologically about the $3 barrier,” Perner said. Since then, however, consumers seem to have adapted, with demand rising throughout a brief period of prices above $3 a gallon last summer. “People complain about higher oil prices … but they still drive their cars, they still buy their SUVs, they don’t want to carpool,” said Fadel Gheit, an energy analyst at Oppenheimer & Co. “It’s a little inconvenient for me to take the bus,” said David Harris, 31, a film school marketing manager in Los Angeles who commutes 40 miles a day for work. Consumers may suspect that oil refiners are colluding in the recent price spike, but analysts say the real culprit is an unprecedented number of refinery accidents and maintenance outages this spring – combined with drivers’ rising demand for fuel. 160Want local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set!last_img

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Huge boost for Chelsea! Real Madrid and PSG target Eden Hazard signs new long-term contract with Premier League leaders

first_img Eden Hazard 1 Eden Hazard has committed his long-term future to Chelsea, signing a new five-and-a-half year contract with the Blues.The Belgian playmaker has developed into one of the Premier League’s standout performers since his £32million move from Lille in June 2012.He picked up the PFA Young Player of the Year award for his exploits last season, and has attracted admiring glances European heavyweights from Real Madrid, as well as French champions Paris Saint-Germain.However, the 23-year-old has repeatedly made it clear that he has no desire to leave Stamford Bridge any time soon and has stayed true to his word by penning a new deal that ties him to the club until 2020.“I am very happy to sign a new contract with Chelsea” said Hazard, who has hit 13 goals in 36 appearances this season.“Since I came here in 2012 I have always felt good and the club has been very supportive to me. The manager has helped me improve a lot, the fans have been fantastic and I have an amazing understanding with my team-mates.“I always try to give pleasure to the supporters with my style of play and it is nice to know they appreciate my work.“I hope we can repay that support by winning lots of trophies, beginning with the Capital One Cup at Wembley, and after that, we can push hard towards the end of the season.”Chelsea manager Jose Mourinho added: “I am very happy that Eden has signed a new contract. It shows he believes in the club’s coaching staff and players to help him become the best player in the world.“He is already a top player and his evolution has been fantastic. He is still very young and he can become the best.’last_img read more

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Golf club is facing some big changes

first_imgSIMI VALLEY – The Simi Valley City Council on Monday will review a proposal by the operators of Lost Canyons Golf Club to build hundreds of homes on the site of one of the club’s two public courses. The hearing will determine whether developers can apply for a zoning change that would allow the building of as many as 364 custom homes. If the council agrees to consider the request, the plan would go through a formal review process. Club officials also are proposing turning the public golf course on Tapo Canyon Road into a private operation. “I’m looking forward to hearing their pre-screen to see if this change will make sense for the community,” said City Councilman Glen Becerra. “There’s always concerns when you’re taking something open and available to everyone and turning it private.” AD Quality Auto 360p 720p 1080p Top articles1/5READ MORESanta Anita opens winter meet Saturday with loaded card Some neighbors have raised traffic concerns with the development, which would mark the city’s first custom-made homes. Lost Canyons, which opened in 2001, has two 18-hole public golf courses and a clubhouse. The proposed development would include private roads and security gates. Angie Valencia-Martinez, (805) 583-7604 angie.valencia@dailynews.com IF YOU GO The City Council meets at 6:30 p.m. in Council Chambers, 2929 Tapo Canyon Road. 160Want local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set!last_img read more

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SHAUN IS THE MAN(kini) AS HE DELIVERS ON HIS DONEGAL DARE!

first_imgIt took a lot for even the biggest of Donegal fans to suggest they would beat Dublin at Croke Park yesterday.It must have been cold eating that ice-cream Shaun!One such non-believer was Shaun T Friel from Milford.Apparently Mr Friel said he would walk down Main Street in the town in a mankini if Jim McGuinness’ side overcame the Dubs. So you can imagine the cold sweat which broke out across Shaun’s brow (and other places) when the final whistle went on Sunday.But rather than laugh it off as a bit of banter, Shaun was as good to his word.He carried out his dare earlier today much to the amusement of bystanders and passing motorists in Milford.Even the ladies in a local hairdressing salon got more than an eyeful. Michael Murphy might be brave in the tackle.But we couldn’t even see the Glenswilly maestro taking on this one.Fair play to you big Shaun!To see the full video of Shaun’s brave walk down Main Street visit his Facebook page athttps://www.facebook.com/video.php?v=10203833655874184&set=vb.1603716452&type=2&theater SHAUN IS THE MAN(kini) AS HE DELIVERS ON HIS DONEGAL DARE! was last modified: September 1st, 2014 by StephenShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window)Tags:betCroke ParkdonegalMilfordShaun T Friellast_img read more

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Alhambra trying not to overlook Pioneer

first_imgThere are coaches who consider football teams with 0-4 records dangerous because they have nothing to lose and nowhere to go but up. If that’s the case, then Alhambra High should beware in their game tonight as it travels to winless Pioneer High. Pioneer has been outscored, 140-41, and is coming off a 33-0 loss to Baldwin Park. The Titans have had their offensive moments, moving the ball in the right direction only too often ending the drive with mistakes. Coach Ramon Juarez was not certain early in the week who his quarterback would be after losing his top two to injury. Diego Saucedo has completed 11 of 25 passes for 144 yards and three touchdowns. Ruben Acosta is 10 for 28 for 123 yards and two scores. Starting running back Justin Giambroni has been bothered by injury and is doubtful for the game. Jesus Alvarez tops the ground game with 136 yards on 24 carries, but he, too, is slowed by injury. Wide Receiver Kelsey Thompson has been a bright spot for the Titans with 12 receptions for 221 yards and three touchdowns. He is averaging 18.4 yards per catch. Montebello (1-3) at Rowland (3-1), 7 p.m. In a game originally scheduled to be played Friday but was moved up a day due to a shortage of game officials, both teams finish up their nonleague schedule with something to prove. Montebello High is looking for consistency in its offense and to eliminate their mistakes. Rowland High wants to go into San Antonio League play coming off a victory after having its three- game winning streak ended last week by Don Lugo, 27-10. The Raiders had outscored their first three opponents, 81-20. They open league play against South Hills, ranked No. 1 in Division VII. Montebello is in the same boat, wanting to take a victory into their Del Rio League opener against four- time defending league champion Santa Fe, ranked No. 3 in Division VII. Roger Murray can be reached at (562) 698-0955, Ext. 3046, or by e-mail at roger.murray 160Want local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set! However, reality dictates the unbeaten Moors are in the driver’s seat on a route many observers predict will take them to the Almont League championship. While everything about their season to date seems to back that up, there’s a bit more to consider. center_img AD Quality Auto 360p 720p 1080p Top articles1/5READ MOREThe top 10 theme park moments of 2019 Alhambra has won close games over Glendale (20-14) and Temple City (14-7), and breezed to victories over San Marino (52-7) and South Pasadena (32-0), However, the Moors have yet to face a team with a winning record. In fact, in Pioneer, they face a winless team for the third consecutive week. Alhambra is led by quarterback Jacob Proctor and wide receiver Zion Babb, with running back Anthony Brown rapidly making his mark on the program. Proctor has thrown for 417 yards and six touchdowns in his last two games and is averaging 172 yards a game. Babb, who had six receptions for 103 yards the first two games, has 17 receptions and 288 yards in his last two. Brown, who has a season average of 115 yards per game, has averaged 140 yards in his last two outings. last_img read more

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Royal pair visit White House

first_imgWASHINGTON – Prince Charles dryly pronounced himself “still here” and “alive” Wednesday on his arrival at the White House for a visit showing off his new bride, Camilla. The Duchess of Cornwall, hoping to impress American Diana-philes on her first overseas trip as a British royal, was decidedly more enthusiastic. Greeted by President George W. Bush and his wife, Laura, with a no-pomp welcome, the all-smiles Camilla could be heard declaring something the first lady said was “fabulous.” As the foursome headed inside for an intimate lunch, Camilla briefly lagged behind, straying off the red carpet and showing the jostling media horde a shy grin and a little wave. There was no shortage of pageantry for the royal couple in the evening. A rare White House black-tie evening featured buffalo for dinner, music by cellist Yo-Yo Ma and dancing with several dozen luminaries from the worlds of politics, history, writing, diplomacy and sports – but few high-wattage celebrities. Bush toasted the royal couple before dinner, saying their visit was a “reminder of the unique and enduring bond between the United Kingdom and the United States.” AD Quality Auto 360p 720p 1080p Top articles1/5READ MOREWalnut’s Malik Khouzam voted Southern California Boys Athlete of the Week “The people of the United States draw a lot of strength from having the United Kingdom as an ally,” Bush said in an apparent reference to British support for the president decision to go to war in Iraq in 2003. In return, Charles quoted former British Prime Minister Winston Churchill as once saying the friendliness of Americans toward British travelers was “something to marvel at.” “Well, nothing has changed, Mr. President,” the prince said, as Camilla smiled throughout his toast. With an American tour that began Tuesday in New York, Charles and Camilla were looking to stoke trans-Atlantic enthusiasm for their new marriage. Camilla was long reviled in the British press as the woman who broke up Princess Diana’s marriage to Charles, but has begun gaining acceptance with increasingly high-profile appearances since the longtime loves wed in April. Bush had something to gain as well. With the recent indictment of a top-level aide and the Iraq war among the troubles rocking his White House, a day feting royalty and underlining U.S.-British ties provided a welcome change of subject. The visit invited comparisons to Charles’ 1985 U.S. trip with Diana. Then, the young princess wowed America with her demure smiles, fashion sense and well-remembered turn around the White House dance floor with John Travolta. On Wednesday, no military bands or ceremony heralded the royals’ arrival – only the president and first lady waiting in the White House driveway. No one anything more exuberant than handshakes and smiles. “I’m still here. I’m alive,” Charles replied drolly when a British reporter about the trip. Other than the two countries’ ambassadors, the only guests invited to lunch of lemon sole in the Bushes’ private dining room were members of the president’s family, including his mother, Barbara. Then a lavish gift exchange. The Bushes presented custom-made his-and-hers leather saddles, each engraved with the crests of Charles’ and Camilla’s titles. The royal couple brought Churchill essays, a sterling-silver-and-turquoise pill box and a cachepot of English bone china. The conversation apparently did not turn to a potentially embarrassing issue – Charles’ passionate position on global warming that conflicts with Bush’s. Instead, the discussion topics over the meal and a tour of the Oval Office ranged from sustainable farming and education to their children. 160Want local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set!last_img read more

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