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first_img Metro Sport ReporterMonday 30 Mar 2020 4:42 pmShare this article via facebookShare this article via twitterShare this article via messengerShare this with Share this article via emailShare this article via flipboardCopy link1.8kShares Advertisement Luka Jovic has scored just two goals for Real Madrid this season (Getty Images)‘But it doesn’t always go to plan when you go to a new team, so I wouldn’t hold it against him.AdvertisementAdvertisement‘I think he’s someone who can add something to Arsenal.‘But I don’t believe Arsenal need a player in that position.‘Arsenal need centre-halves, get Arsenal a centre-back. Come and ask me and I’ll find you the right centre-backs who can go there.More: Arsenal FCArsenal flop Denis Suarez delivers verdict on Thomas Partey and Lucas Torreira movesThomas Partey debut? Ian Wright picks his Arsenal starting XI vs Manchester CityArsene Wenger explains why Mikel Arteta is ‘lucky’ to be managing Arsenal‘They need centre-halves who can defend and who can actually play as well.‘I played against Arsenal teams with the likes of Sol Campbell, Tony Adams, Martin Keown, these are people who want to defend, who can defend one vs one.‘I don’t see that at Arsenal. They’ve got very good footballers, but you can’t have too many good footballers, you need a mix, a blend. Rio Ferdinand urges Arsenal to avoid signing Luka Jovic Rio Ferdinand has spoken out on Arsenal’s link with Luka Jovic (Getty/BT Sport)Rio Ferdinand has urged Arsenal to avoid signing Luka Jovic from Real Madrid and believes the club should strengthen their options in central defence instead.The Gunners have been linked with a move for the Serbia international, who has struggled to make an impact since joining Real Madrid in a deal worth in excess of £50 million last summer.Jovic, who has scored just two goals for Madrid this season, has been tipped as a potential replacement for Pierre-Emerick Aubameyang, who could leave Arsenal this summer.But Ferdinand says Mikel Arteta’s priority should be improving his defence.ADVERTISEMENTWhen asked about Arsenal’s link with Jovic, Ferdinand said on his Instagram Q&A: ‘He’s someone who’s done nothing in a Real Madrid shirt but the potential he showed when he was at Eintracht Frankfurt made him someone who was very highly thought of.center_img Mikel Arteta should prioritise a move for a centre-back, says Rio Ferdinand (Getty Images)‘Talking of Jovic brought me to think, ‘why are you getting linked to these types of players?’.‘Really you’re meant to be looking at centre-halves, they should’ve been looking there for the last 10 years and they haven’t got it right.‘Arsenal is a fantastic football club, what a club, a massive club. I think they’ve got to get it right in other areas of the pitch.‘Keep bringing in these [players], [Gabriel] Martinelli, [Bukayo] Saka, [Joe] Willock, all these boys, I love seeing that but they’ve got to get stability and strength in there, some people who will do good for the club, because it hasn’t worked with the likes of Sokratis and Mustafi, I don’t think they haven’t been able to get it right, and Chambers before that.’Follow Metro Sport across our social channels, on Facebook, Twitter and Instagram.For more stories like this, check our sport page. Advertisement Commentlast_img read more

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first_imgThe remarks came in the wake of a review of investment strategies following the 2011 actuarial review.The review concluded there was scope to reduce the investment risk over the next few years and increase the focus on investment income to reduce returns volatility over the coming years.In addition to a focus on equities, it suggested a number of other investment themes to reduce risk and protect assets.The annual report said: “Financial institutions may be forced to discard sound assets at attractive prices as they rebuild balance sheets in deleveraging economies. Such opportunities could allow the [three] funds to enhance investment returns.”The report also said the funds should reduce their reliance on benchmarks based on market capitalisation, which it said were sub-optimal, and ensure that the objectives and risk tolerances of individual portfolios within the fund are as closely aligned as possible with the fund’s overall objectives.Finally, according to the report, capital preservation and growth is more important than following an index.Lothian’s current benchmark is 64% equities, 30% alternatives and 5% index-linked Gilts.Despite strong investment returns in excess of expectations, the actual funding level has fallen, from 96% at the time of the last actuarial valuation on 31 March 2011 to 87% at 31 March 2013.This was largely a result of falling real Gilt yields, which caused an increase in the value of liabilities. Lothian Pension Fund (LPF), the pension fund for local government employees in the Edinburgh area, is backing equities to help reduce investment risk and protect assets over the next few years, according to its latest annual report.The £4.1bn (€4.8bn) fund – which returned 13.9% over the year to 31 March and 8.1% per year for the three years to that date – said equities were more attractively priced than “safe” government bonds over the long term.“High-quality, sustainable businesses with strong cash generation should be able to continue to prosper in the challenging environment envisaged,” it said.Lothian – along with the £312m Lothian Buses Pension Fund and the £140m Scottish Homes Pension Fund – is managed by the City of Edinburgh Council.last_img read more

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first_imgS&P said the fall in long-term inflation expectations would help schemes with the falling discount rate.However, should QE fail to generate economic growth, this would then further hamper schemes.“Funding levels for those in deficit could suffer a further 10-15% erosion if QE causes stagflation by failing to kick-start sustainable growth, warranting its continuation, but only causing inflationary expectations to move higher” S&P said.S&P data showed liabilities for the 50 schemes peaked at more than €500bn in 2012, with the current funding ratio at approximately 70%.Over the last year, S&P said the AA long-term corporate bond yields, commonly used in discount rate calculations, have halved to 1.45%.“The proximate causes of these falling bond yields have included a sluggish euro area economy,” it added.“Corporate bonds are not on the ECB’s latest QE asset purchase list, yet they have benefited indirectly from the prospective shortage of high-quality, long-duration assets as the ECB’s target asset pool covers government bonds with 2-30 year maturities.”It said it expected a euro-zone corporate scheme to reduce its DB discount rate by up to 150 basis points – with EDF, the French energy firm, seeing its liabilities increase by €7bn due to its 1.3 percentage point drop in discount rate.Using the calculations of inflation expectations and falls in discount rates, liabilities for corporates could rise by 11-18%.With this, the firm said it expected corporate schemes to manage the situation by continuing a shift to higher-yielding assets, increasing contributions, lowering benefits or reducing risk with insurance products.“In the medium term, the risk remains QE achieves nothing more than promoting stagflation in the euro area,” S&P said.“A combination of weak growth, inducing the ECB to continue with its aggressive monetary policy stance, and rising inflation would be a treacherous combination for DB pension schemes already struggling to contain their plan deficits.”In January, the ECB announced a €1.1trn QE programme to ensure the current deflationary pressure in the currency union ceased and moved back towards 2%.However, investment consultants across the Continent warned of the negative impact on DB pension scheme funding due to the combination of factors.Aon Hewitt global head of asset allocation, Tapan Datta, said the toxic cocktail of the economic situation in Europe could be worsened by QE failure to boost equity markets.Read Martin Steward’s analysis on the ECB move to boost inflation in the euro-zone The impact of euro-zone quantitative easing (QE) on long-term bond yields and defined benefit (DB) schemes could see funding drop by more than 15%, particularly in a stagflationary environment.The analysis of 50 corporate DB schemes in Europe showed the European Central Bank’s (ECB) €60bn a month QE plan could see liabilities increase by as much as 18%.The report, by Standard & Poor’s, suggested Europe’s top 50 companies rated by the firm would suffer discount rate falls due to the inflation-seeking central bank policy.However, even with investment returns of 8-12% achieved due to buoyant markets in 2014, “substantial growth” in deficits would occur due to the cocktail of average 30% underfunding and low returns on equities compared with bonds.last_img read more

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first_imgBy Tony SteelePEORIA, Ariz. (March 10) – Jason Noll kicked off the Leading Edge IMCA Modified point season with a trip to victory lane while Speedy Madrid picked up another win in the Arizona Differential IMCA Northern SportMod season opener Saturday at Canyon Speedway Park.After finishing 1-2 in their heat race, Chaz Baca and Noll went to work during Modified feature event action. Baca started fifth and moved to the lead early after the first few circuits were paced by former track champion Guy Norton.Noll started back in the 10th position and found his way into second around the halfway mark. Noll had no yellow flags to aid his pursuit and was forced to chase down race leader Baca.With two laps to go, Noll set up Baca coming off turn four to dive to the inside of the leader in turn one. The pass was completed down the backstretch and Noll held on during the final circuit to take the win. Baca finished second with John Parmeley, Bubba Stafford and Guy Norton making up the remainder of the top five.Madrid’s opening night win didn’t come easy as Chase Alves kept pace for most of the contest.Racing in a borrowed car, Alves tried to chase down the leader but Madrid was too consistent out front. Madrid won ahead of Alves, Ed Gilbert, Chris Caldwell and Justin Thornton.last_img read more

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first_img admin State budget vs. job creation – January 22, 2015 Latest Posts Hancock County Court News Nov. 3 thorugh Dec. 11 – January 22, 2015 Latest posts by admin (see all) Bio BUCKSPORT — Tyler French drove in four runs with two homers and a single to lead the Golden Bucks to an 11-4 win over the Mattanawcook Academy Lynx on Friday.Steve Klenowski and Tim Nason each had a double and a single and Ray Wood and Kyle McGeechan each singled twice for Bucksport. For more sports stories, pick up a copy of The Ellsworth American. This is placeholder textThis is placeholder text House fire in Winter Harbor – October 27, 2014last_img

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first_img Comments Syracuse (12-4, 1-2 Atlantic Coast) dropped its second straight conference game in a 51-49 loss to Notre Dame (13-3, 3-0) Saturday afternoon. The Orange entered halftime with a nine-point lead, but gave it all up in the second half as it was dominated on the glass by the Irish. Tyus Battle found his stroke once again and SU was hot from the outside, but the second chances for Notre Dame proved too costly for the Orange in the end, eventually losing the game on a putback layup attempt with just a few seconds remaining.Listen to our beat writers discuss the game: Published on January 6, 2018 at 8:51 pmcenter_img Facebook Twitter Google+last_img

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first_imgIn the Ulster football championship today at 2pm Cavan meet Monaghan at Breffni Park while in the Connaught Championship in Ruislip, London host Roscommon at 3In the Munster football championship last night Clare were two point winners over Limerick on a scoreline of 15 points to 13. They now progress to meet Cork in the semi final. Tipperary and Waterford meet next Sunday with the winner progressing to meet Kerry in the other semi finallast_img

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first_img Spotlight ups matchday commentary reach and capacity for new EPL Season  August 21, 2020 Share SBC Magazine Issue 10: Kaizen Gaming rebrand and focus for William Hill CEO August 25, 2020 Share Related Articles Spotlight delivers Racing Post translated services for Pari-Engineering Russia August 26, 2020 Ron Hearn of JenningsBet has been crowned the 2017 Racing Post/SIS Betting Shop Manager of the Year.The 57-year-old, who has a betting shop career spanning 40 years, the last six of which have been spent with JenningsBet, beat seven other finalists from Ladbrokes, Coral, Megabet, Paddy Power Betfair and William Hill.Hearn, who told the Racing Post: “It is nice for an independent to win it and also for a little bit of recognition. After 40 years, I can now say every day was worth it,” also praised a very competitive field, adding: “The eight finalists here have been exceptional.“We formed a really strong bond at Doncaster in October and when they announced the regional winners on SIS, you just felt sorry for some of the mates you made a week earlier who hadn’t got through with you.”Before stressing the importance of punters, particularly of the younger generation: “In an ideal world, with each customer who comes in the door you have got to make them think they are the person you have opened the door for.“I still think it is a great industry. The thing is you need to encourage a few more youngsters in who are going to see it through.”Greg Knight, JenningsBet Managing Director, praised Hearn’s victory and the firms first in the competitions 30 year history, commenting: “It means an awful lot to the company because we have got a lot of experienced managers of 20, 25, 30 years plus and it is a recognition for them.“I also think it’s a recognition for the independent sector. You’ve heard Ron’s background, steeped in independent bookmakers over the years and it just shows how important it is.“It is about community. Ron’s worked in that shop now for 21 years, he knows everybody locally. He is part of the community and I think that’s extremely important. I am just made up for him personally.”The main prize for the award is a VIP trip to one of Singapore’s major race meeting, in addition to being guests in the SIS Ascot Box next month. Submit StumbleUponlast_img read more

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first_img Tabcorp expects $1bn hit as ‘COVID and retail contractions’ take effect August 3, 2020 Flutter Entertainment has confirmed the completion of its $11 billion merger with The Stars Group (TSG), and will begin trading on the London Stock Exchange and Euronext Dublin Exchange.Upon completion of the deal, Flutters’ entire enlarged issued share capital was admitted to the premium listing of the Official List of the Financial Conduct Authority and the Official List of Euronext Dublin.Absorbing TSG assets, Flutter will now trade on LSE’s main market for listed securities under the ticker ‘FLTR’, as the merger deal is completed on schedule for investors.The enlarged group also confirmed that Jan Bolz and Emer Timmons have stepped down as non-executive directors of Flutter.Meanwhile, Divyesh Gadhia, Rafael Ashkenazi, Richard Flint, Alfred F. Hurley Jr, David Lazzarato and Mary Turner have all been appointed as non-executive directors.Flutter will initially have five reporting segments, including TSG International (excluding current US operations), Paddy Power Betfair, Sky Betting and Gaming, Australia (including SportsBet and BetEasy), and US (including FanDuel and all TSG US operations).At the end of 2020, Flutter will form four core operating divisions, in which the company will merge TSG International with PPB ‘international’ assets. Flutter will also establish a new UK & IRE division by combining Paddy Power assets with Sky Bet. Restructured GVC sidelines Oddschecker affiliate services  July 8, 2020 Related Articles Share BlueRibbon signs strategic partnership with The Stars Group August 18, 2020 Share Submit StumbleUponlast_img read more

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first_img Coronavirus state tracker: Hospitalizations down 17% in last 14 days in California on August 24 As of Wednesday, there were no discussions of playing any games without fans, however.“As a result of the latest briefing update from the Los Angeles County Public Health Department, we have posted messaging through our venue reminding fans to engage in safe hygiene practices and to stay home if they feel unwell,” the statement read.“We also have increased access to hand sanitizers through the building. We will continue to update our policies and procedures based on new recommendations from the public health department, CDC (the Centers for Disease Control) or WHO (World Health Organization).”Staples Center will host the NCAA men’s Division I West Regional March 26 and 28.The NBA has instructed players to stop high-fives with fans and use fist-bumps instead, and it also has asked them to discontinue taking items to sign for autographs. Fans often crowd near the tunnels that lead from locker rooms to the court, hoping to high-five players or get an autograph. “The health and safety of our fans, players, teams and employees is paramount,” NBA spokesman Mike Bass said. “We are coordinating with our teams and consulting with the CDC and infectious disease specialists on the coronavirus and continue to monitor the situation closely.”The Dodgers’ opening day is March 26, when they play host to the San Francisco Giants. But they return to Dodger Stadium three days earlier to face the Angels for the final two games of the Freeway Series, the annual spring training wrap-up for the Southern California clubs.“Obviously, everyone is aware of it,” Dodgers manager Dave Roberts said. “It’s not scary, I guess, until it is, and you’ve got to be mindful of it. So, I know that we’re going to bring one of our doctors in and educate our players on sanitation and washing hands and just being mindful of that.“But it is scary.”Stan Kasten, the Dodgers’ president and chief executive officer, said, “Since last week we’ve had guidance from MLB and from the L.A. Public Health Department, both of whom are consulting with the CDC and the WHO. So, we’re operating with the same information. None of it is great news, but they have stressed also this is not a time to be panicking.“We’re in the process of finalizing what kind of procedures we do going forward.”The NHL has banned league personnel from traveling outside of North America, but left it up to the 31 teams to determine whether they would continue to take scouting trips to Europe. More than a century ago, the NHL didn’t award the Stanley Cup because of the Spanish Flu epidemic in 1918-19.Hockey’s international governing body, the IIHF, has canceled four men’s age-group world championship tournaments and two women’s events scheduled to be played in Europe. In Switzerland, the top hockey league has postponed its playoffs until the middle of March.The Under-18 World Championship, the last significant event for NHL scouts evaluating talent for the league’s annual draft at season’s end, remains on the schedule for April 16-26 in Plymouth and Ann Arbor, Michigan, however.“After a thorough review of the guidelines the health organizations have suggested, there are no planned schedule changes at this time,” the Ducks said in a statement. “The Ducks … will follow NHL suggested guidelines. The health of everyone associated with all of our events, including fans, staff, and players/performers, has and will continue to be our number one priority.”In Major League Soccer, both local teams, the LAFC and the Galaxy will play at home in front of sellout crowds this weekend and it should business as usual. LAFC hosts the Philadelphia Union on Sunday and the Galaxy hosts the Vancouver Whitecaps on Saturday.MLS recently formed a task force, which includes MLS Chief Medical Officer Dr. Margot Putukian. In a statement, the league said it “is in direct contact with the relevant governmental agencies including the Centers for Disease Control and Prevention and Public Health Agency of Canada and is also coordinating with other sporting organizations.”The Los Angeles Marathon will go on as scheduled Sunday and its 26.2-mile route from Dodger Stadium to Santa Monica will be unchanged, organizers said in a statement that also read, “our operations team has been in consistent dialogue with local authorities.”Race officials said it would contact entrants and volunteers via email and social media should circumstances change in the days leading up to the race, which they said is expected to draw 27,000 runners from all 50 states and 78 countries.At USC, there are no plans to cancel athletic events or ban fans from attending, the university said in a statement. The school said it would continue to monitor recommendations from the county’s health authorities as well as the CDC and it is also in contact with the Pac-12.Related Articles Disneyland auditions Marvel superhero stunt performers for Avengers Campus Which Southern California casino hotels are open during the coronavirus pandemic Sheriff’s deputies are not wearing masks as required, Inspector General says center_img “USC athletics will continue to take direction from the university’s Emergency Operations Center team that meets daily to assess the COVID-19 situation and its effect on our campus and community,” the school’s statement read.The NFL season is farther off, with the first exhibition games to be played in August.  Any changes in plans for games would probably come from the NFL office, not individual teams. There has been communication between the Rams and the NFL office about whether there will be changes in plans for the upcoming league meetings (March 29-Aprll 1 in Palm Beach) and draft (April 23-25 in Las Vegas). So far there are no changes in plans for those gatherings.“We continue to take the lead from the NFL and federal and local authorities,” said Joanna Hunter, the Rams senior director of corporate communications.Staff writers Damian Calhoun, Adam Grosbard, Bill Plunkett, Mirjam Swanson, Kevin Modesti and wire services contributed to this report. SeaWorld San Diego food fest: Everything you can eat and drink at Bayside BBQ & Brews Could there be Lakers, Clippers and Kings games played without fans in attendance at Staples Center? Or a Dodgers game played in an empty Dodger Stadium? Or could some games actually be canceled altogether because of fears of the spread of the coronavirus?Los Angeles County health officials declared a health emergency Wednesday as the number of coronavirus cases continued to grow in Southern California. Discussions reportedly have been held about banning spectators at games in order to prevent the spread of the virus, known as COVID-19.It would be a dramatic step, but one that’s already been taken in Italy, as worldwide deaths have climbed past 3,000 this week. All sporting events in Italy, including soccer games in the top domestic league, will be held without fans in attendance until April 3, the Italian government announced.Staples Center, the busiest sports venue in Southern California with the NBA’s Lakers and Clippers and the NHL’s Kings calling it home, is working with local, national and worldwide health organizations to stay abreast of the situation, according to a statement released by the facility. 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