Categories: Letters to the Editor, OpinionRep. Stefanik serves as an inspirationI am so proud to call Elise Stefanik my congresswoman.She has been doing a spectacular job speaking out at the impeachment hearing.Rep. Stefanik has proven herself to be well prepared, articulate and professional.She serves her constituents well by promoting lower taxes, small businesses, local farms and advocating for our military and veterans.She has been a strong supporter of the Second Amendment and our school safety.She is an amazing role model for young girls like me.I aspire to be like our congresswoman some day.I am looking forward to helping with her upcoming campaign for re-election.Meg MessittWiltonThe writer is a student at Saratoga Springs High School.Balance Adk. task force, issue permitsYour Nov. 9 editorial about protection of the Adirondacks focuses on overuse and damage to portions of our largest wilderness, the High Peaks.While the state DEC is to be credited for forming a task force to study the problem, we noticed how few wilderness advocates were appointed.Just two of 13 appointees are associated with organizations espousing wilderness protection, ostensibly a key purpose of the task force. Most appointees, eight, are state and local government employees, who should be represented but who ought not to dominate.Second, your list of High Peaks priorities mirrors that of the DEC: trail repair, redirecting hikers, enforcing parking rules, guidance for visitors. These measures, while important, have proved insufficient.They leave out a tool used in other popular wilderness areas: a permit reservation or limited entry system. The DEC would set limits on the number of people hiking off the most heavily impacted trails to the peaks. They would issue online permits up to those limits, just as DEC has done for years at state campgrounds, holding back some permits for same-day use.They would monitor and evaluate its benefits which may include less damage to trails and natural resources and greater opportunities for hikers and campers to have a true wilderness experience, free from over-congestion.Permit fees could be dedicated to wilderness trail maintenance and forest rangers. Adirondack Wild encourages DEC to test such a system in 2020.David GibsonBallston LakeThe writer is managing partner with Adirondack Wild: Friends of the Forest Preserve.More from The Daily Gazette:EDITORIAL: Urgent: Today is the last day to complete the censusFoss: Should main downtown branch of the Schenectady County Public Library reopen?EDITORIAL: Beware of voter intimidationGov. Andrew Cuomo’s press conference for Sunday, Oct. 18EDITORIAL: Thruway tax unfair to working motorists
“All the energy sectors – oil, gas, renewables – everything is affected but the biggest impact is on shale oil,” the agency’s director Fatih Birol told AFP in an interview.”Total oil investments we expect to decline one third this year whereas the shale industry will see a decline of about 50 percent.”However, spending in renewable power projects is expected to fall by only around 10 percent for the year, the report said.”Even though this ‘clean’ spending is set to dip in 2020, its share in total energy investment is set to rise,” it noted. But it noted “these investment levels remain far short of what would be required to put the world on a more sustainable pathway,” estimating that spending on renewable power would need to double by the late 2020s.Crisis to come?The IEA has long warned that insufficient investment may leave the industry unable to meet rising demand.”There is a risk that today’s cutbacks lead to future market imbalances, prompting new energy price cycles or volatility,” it said.If oil investment stays at 2020 levels then supply in 2025 would be 9 million barrels per day less than had been expected, the IEA estimated, which could mean tight markets and higher prices if demand resumes it pre-crisis rising trajectory.While some may see a drop in spending on oil as a positive development, Birol warned of negative consequences.”We hope to see a clean energy transition, this should be an orderly energy transition, well designed so it doesn’t cause any crisis, any shock,” he said.”It shouldn’t be as a result of COVID, it should be as a result of the right energy policies.”Birol signaled in this regard a concerning jump in approvals for coal projects in Asia.”The findings of our reports are worrying but my chief concern is that the lockdown we have around the world may lead to a lock in of inefficient and old technologies, especially in the emerging world where there are huge debt and financing problems,” he said.The IEA chief called on governments to favor clean energy projects in their coronavirus recovery plans.”If the governments include the right energy policies in order to accelerate the clean energy transition, we may well see a rebound in clean energy.”Topics : The energy industry is set to suffer a record drop in investment due to the coronavirus fallout, the IEA said on Wednesday, and while renewables are likely to fare better than oil, any swift economic recovery could create a global fuel crunch.In its annual report on energy investments, the Paris-based International Energy Agency (IEA) estimated the plunge will be of the order of one-fifth from 2019 levels, or almost $400 billion, as firms slash spending amid slumping demand for energy.Shale oil producers that catapulted the United States to the world’s top crude nation stand to suffer the worst decline, the IEA said.
Advertisement Saliba’s loan agreement expires on June 30 (Picture: Getty)There are just five days remaining on Saliba’s deal as it stands but it’s clear Saint-Etienne have plans to field the youngster against PSG, with Puel issuing a plea to Arsenal to allow the youngster to take part given the exceptional circumstances.AdvertisementAdvertisementADVERTISEMENTPuel is desperate to have his key players available for the match considering a victory would secure their place in next season’s Europa League.‘William is at the end of his contract at the end of the month,’ the Saint-Etienne head coach said at his press conference on Wednesday.‘He takes great pleasure in training with his team. ‘We will see what can be done to keep him a little longer with us.’ Arsenal loaned William Saliba back to Saint-Etienne last summer (Picture: Getty)Saint-Etienne manager Claude Puel says he hopes to have William Saliba available for the Coupe de France final, despite the defender’s deal coming to an end before their clash with Paris Saint-Germain.Saliba completed a £27million move to Arsenal last summer but the 19-year-old centre-back was immediately loaned back to Saint-Etienne for the 2019/20 campaign.The impact of the coronavirus crisis on French football means Saliba’s temporary agreement ceases before the cup final which is scheduled to take place on July 24. Comment Advertisement Puel’s side will qualify for the Europa League if they beat PSG (Picture: Getty)Puel added: ‘We ended last season with players who were coming to the end of the contract, with players who were suspended during the season and who could not serve their suspensions.‘I think it’s unfortunate that we did not take into consideration an exceptional case with a four-month gap. ‘They will be deprived of the finals and we will be deprived of them.‘We also have players at the end of the contract, we will take stock. Loic Perrin is with us and may have this possibility of extending. ‘We made an offer to Yohan Cabaye, we await the answer.’ The France Under-20 international cost Arsenal around £27m (Picture: Getty)Speaking to talkSPORT earlier this month, Martin Keown questioned Arsenal’s decision to send Saliba back to Saint-Etienne last summer.‘There’s an awful lot of work to be done in there in defence,’ the ex-Arsenal centre-half said.‘There was the defender from Saint-Etienne, William Saliba, who they paid £27m for but was loaned back again.‘I could’t quite work that out because now I’m being told he’s world-class. ‘Never mind if he’s world-class, if he was Premier League class it would have been good enough because that was an area of concern.’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 ArsenalThe youngster was being touted as a possible replacement for David Luiz but the Brazil international put an end to the uncertainty around his future this week by putting pen to paper on a one-year extension at the Emirates.Saliba will also have to compete with Pablo Mari for a place in central defence after the Spaniard signed a permanent deal with the Gunners.Follow Metro Sport across our social channels, on Facebook, Twitter and Instagram. For more stories like this, check our sport page.AdvertisementAdvertisementMORE: Emmanuel Petit slams ‘average’ Arsenal and tells Pierre-Emerick Aubameyang to quitMORE: Cedric Soares breaks silence on Arsenal injury nightmare Metro Sport ReporterThursday 25 Jun 2020 3:08 pmShare this article via facebookShare this article via twitterShare this article via messengerShare this with Share this article via emailShare this article via flipboardCopy link6.3kShares Saint-Etienne boss Claude Puel issues plea to Arsenal over short-term William Saliba deal
However, in June, the Norwegian parliament, or Storting, decided there should still be an independent Council on Ethics, but that it should give advice to Norges Bank rather than the Ministry of Finance.It also decided the ministry should continue to appoint the council’s members, but only after having received recommendations from Norges Bank. The ministry has now announced the composition of a new Council on Ethics, issued the new guidelines for the observation and exclusion from from the fund and made amendments to the Norges Bank mandate.It said the changes would take effect on 1 January 2015.Siv Jensen, Norway’s Minister of Finance, said: “The changes in the governing documents are a result of a long-term effort to strengthen the work on responsible investment management in the fund. “Emphasis is put on facilitating better interaction between active ownership and the exclusion mechanism,” she said.The main change is that from 1 January, Norges Bank will be the decision-making authority on matters around observation and exclusion of companies from the fund, rather than the Ministry of Finance.The new Council on Ethics will advise Norges Bank, having been appointed by the ministry, but after receiving recommendations from Norges, the ministry said.Ethical criteria for determining which companies the fund may not invest in will continue to be decided by political authorities, the ministry said, adding that these criteria are unchanged.The five members of the new Council on Ethics, appointed by the ministry, are Johan Andresen — who will chair the council until the end of May 2019 — Hans Christian Bugge — vice chair until the end of May 2017, Cecilie Hellestveit, Arthur Sletteberg and Guro Slettemark.Jensen said the composition of the new council ensured it would continue to have appropriate and broad expertise.The process of changing the former oil fund’s responsible investment framework started two years ago and has included a public consultation process, a proposal from the Ministry of Finance in its report this April and lastly, deliberations on that report from parliament. The Norwegian finance ministry has finalised new guidelines for responsible investment at the Government Pension Fund Global (GPFG), which include setting up a new advisory Council of Ethics.In April this year, the Ministry of Finance said in its proposals on the matter that it was disbanding the existing Council of Ethics, which had been in place for 10 years, and that current ethical exclusion criteria would be integrated into the management mandate given to Norges Bank.The changes had the effect of distancing the former oil fund’s ethical decision-making from direct political intervention.The Norwegian government has frequently said the NOK6trn (€666bn) sovereign wealth fund should not be a policy tool.
“One thing we are clear on is making sure clients are aware of all the risks,” he told IPE. “In fixed income it’s sensible to hedge currency risks as much as possible. In equity it’s a question of measuring the risks and making sure you’re happy with them.”Trump’s victory in November’s US presidential election and the UK’s decision to leave the EU were both unpredicted, as were the reactions of financial markets, Mikulskis added.“We don’t think there’s a lot of value in pension schemes trying to call idiosyncratic events like this,” he said. “Instead we would recommend a spread of risks – don’t have too much riding on individual events.”Tim Giles, head of UK investment consulting at Aon Hewitt, said pension funds with unhedged exposure to global equities had seen “fantastic” performance in recent weeks.“‘Should I lock in those gains?’ is the natural question,” he said.Sterling’s recent weakness had led to it reaching a “reasonable” price, Giles added.“It’s time to take a view about whether or not you want to take that risk,” he said. “We’re discussing this a lot with clients. You want to take the risks for which you expect to be rewarded. If you’re not happy with the potential gains then you shouldn’t be exposed to that risk.”Andrien Meyers, senior investment consultant at JLT Employee Benefits, agreed, adding that most funds’ default position was to hedge 50% of their foreign exchange exposure to “soften” the impact of any movements.The CIO of a large corporate UK pension fund said fully hedging out all currency exposure is “rarely optimal”, as having foreign currency allocations can have a risk-reducing effect on a portfolio.The CIO, who asked not to be identified, also concurred with the importance of setting a policy on currency, and urged investors to ensure it applied to the entire portfolio.“The currency doesn’t know what asset it is hedging,” he told IPE. “You’ve got to look at it holistically.”Switzerland’s hedging lessonsIn January 2015, pension funds in Switzerland were hit by the Swiss National Bank’s sudden decision to cut the franc’s peg to the euro. At the time, Willis Towers Watson estimated that as much as CHF30bn (€27.9bn) may have been wiped off pension portfolios.However, pension funds such as AHV, BVK, and Publica all managed to mitigate much of the negative impact of the decision through currency hedging.In the UK, sterling plummeted from €1.36 to the pound at the start of January 2016 to €1.23 the day after the UK voted to leave the European Union – a decline of 9.6%. In the same period, the UK currency fell 7.5% against the dollar.By 16 January 2017, speculation about the direction and implications of the UK’s Brexit strategy had pushed the pound down to €1.14 and $1.20 – sterling’s lowest recorded level versus the dollar. The next day the currency rebounded slightly following a speech on the UK government’s plan for Brexit negotations by prime minister Theresa May.As of 23 January sterling was trading at €1.16 and $1.25 – in both cases roughly 15% lower than at the start of 2016. Pension funds should see recent volatility in sterling and other currencies as a prompt to review their hedging positions, consultants have said.A measure of weekly volatility of sterling showed expectations about the UK currency last week were at their most uncertain point since the country voted to leave the European Union.The Japanese yen has been weakening versus sterling and the dollar in recent weeks, while the Chinese renminbi is also depreciating. The US dollar, meanwhile, strengthened in the weeks following the election of Donald Trump.Given so much policy uncertainty, pension funds should make sure they are clear on their policies for currency exposure and hedging, said Dan Mikulskis, head of defined benefit pensions at Redington.
Brisbane Times 12 December 2014A NSW couple who fought to have their pregnancy terminated at 28 weeks after discovering the foetus had a physical abnormality has revealed the inconsistency and fear surrounding decisions over late-term abortion in NSW, where the procedure remains a criminal act, punishable by ten years jail.Mother-to-be Cindy was 23 weeks pregnant when the first indication there might be a problem with the foetus emerged. What followed was a two-month long nightmare that started with the couple facing bureaucratic hospital delays that pushed back further scans for two weeks.They say they are still haunted by the silence that filled the ultrasound room, when, more than six months pregnant, the scan confirmed their fears: their child was suffering from a deformity, one that would cripple its left hand.Frank told Fairfax Media when the problem, called ‘ectrodactyly‘, or cleft hand, was diagnosed, a week passed before Cindy was told it was she would not be allowed a termination.“I was really, really depressed,” Cindy said. “I couldn’t think about anything else but the baby, and I felt I had been abandoned.”Frank and Cindy said they were not told why the termination was not allowed. However, ectrodactyly is not life-threatening and may only affect the hand, and NSW Health guidelines state the prognosis for the foetus should be considered in the case of terminations where an abnormality is present.But Cindy – who grew up in China and spoke to Fairfax Media with Frank interpreting – felt immensely guilty about giving birth to a child with a disability. She believes she must be to blame for the condition.“I grew up with many people who were disabled, and… there was discrimination,” she said. “I didn’t want my child to be discriminated against. The problem is… obvious because it is the fingers, and I think the child would have a very hard life.”http://www.brisbanetimes.com.au/nsw/i-felt-i-had-been-abandoned-inconsistency-and-fear-surrounds-lateterm-abortion-20141212-11r83k.html
Share Share Share 165 Views 8 comments Elsa SamuelA twenty-three (23) year old man of Goodwill whose trial for wounding with intent to disfigure was scheduled to commence at the High Court of Justice on Wednesday changed his earlier not guilty plea to guilty.Kiwani Jackson reportedly “slashed the left side” of Elsa Samuel on 22nd October, 2010 at JR’s Bar and Restaurant in Roseau.According to information revealed in Court by the Director of Public Prosecutions Gene Pestaina, Samuel was at the bar in the company of two women; Nisa and Lisha Dover of Pottersville when “some young men threw food” on them. As a result of this they proceeded to the washroom to attend to their clothing.Miss Samuel attempted to access the washroom while Jackson’s companions were still using it and he told her, “my woman and them that in the toilet”.She responded, “What did that have to do with me” which apparently angered him as he became “hostile and used insulting language” therefore she told him “come out in my face.”A scuffle ensued between them during which Jackson’s spectacle fell and he told her “you want me to slice your face?”“He bent and picked up the spectacles and at the same time he pulled out a flip knife from his right pocket. The knife was silver in colour with a silver and brown handle. He pressed a button and opened the blade and …. he slashed the left side of the Complainant’s face with the knife,” Mr. Pestaina said.Kiwani JacksonPestaina stated further according to a report from Dr Rachel Andrew who treated Miss Samuel at the Casualty Department of the Princess Margaret Hospital that evening, Samuel received “a 15cm long laceration which extended from the ear across the jaw bone almost ending at the chin”. Miss Samuel received 30 stitches to her face and it is Dr. Andrew’s diagnosis that the wound will not heal without leaving a “permanent scar”.Jackson’s attorney Kondwani Williams who was also assisted by Glen Ducreay told the Court in mitigation that he was not there “to make an excuse” for his clients behavior as he deems his action on that day “reprehensible”, however he said the Court to “has a responsibility to give the young man a chance and a new beginning”.According to Williams, young people often make mistakes however it is because of “a legacy of discouragement which inflicts their minds” that they often find themselves involved in such deviant behavior.He “pleaded, begged and urged” the Court to consider both the factors in his clients favour as well as those against him and impose a fine, compensatory award to the victim as well as to visit schools to speak to students about deviant behavior.Although he informed the Court that his client had a previous matter of similar nature in 2010, he told the Court that his client is “terrified of the judicial process” and is “very contrite and apologetic for his actions on that day”. “Give him a chance and a new beginning, help him to change his life around…. so that when he passes on the Bayfront he can look at this building [court house] and say this is where I was given a chance,” Williams said.Justice Birnie Stephenson-Brooks called Miss Samuel to the witness box and after seeing the scar on her face informed Williams that she wasn’t prepared to make a compensatory award as the young lady may need cosmetic surgery.She ordered a pre sentence report from the Social Welfare Department which she instructed both Mr. Jackson and Miss Samuels to cooperate with the officials who will conduct them.Jackson will know his fate on May 31st, 2012.Dominica Vibes News LocalNews Defendant changes plea in wounding trial by: – May 9, 2012 Sharing is caring! Tweet
Loading… Read Also: EPL club suggests finishing the campaign in China amid £762m bills “The League, clubs, players and managers express huge appreciation for the heroic efforts of NHS staff and all other key workers who are carrying out critical jobs in such difficult circumstances. “In consultation with the Department for Digital, Culture, Media and Sport, the Premier League is immediately committing £20 million to support the NHS, communities, families and vulnerable groups during the COVID-19 pandemic. “This includes a direct financial contribution to the NHS and funds to enable clubs to refocus their efforts and develop significant outreach programmes to help communities, including those most in need. This funding will enable both immediate and longer-term support during the crisis.” FacebookTwitterWhatsAppEmail分享 Premier League clubs will ask all its players to take a 30% wage cut after a meeting on Friday. Top-flight football has been suspended indefinitely after it was agree that football would not be resuming at the start of next month amid the ongoing coronavirus pandemic. The Premier League has asked all players to take a 30% wage cut Players have come under fire from some quarters for not reacting quicker and deferring wages to help other employees at clubs and those further down the pyramid. Health secretary Matt Hancock called on players to give up some of their salaries in his briefing to the country on Thursday. And – in their statement – the Premier League revealed there will be further talks with clubs and the PFA on Saturday with a view to players donating 30% of their wages. “The sporting and financial implications for Premier League clubs as well as for The FA, EFL and National League were considered at today’s meeting,” it read. “In the face of substantial and continuing losses for the 2019/20 season since the suspension of matches began, and to protect employment throughout the professional game, Premier League clubs unanimously agreed to consult their players regarding a combination of conditional reductions and deferrals amounting to 30 per cent of total annual remuneration. Promoted ContentBest & Worst Celebrity Endorsed Games Ever Made7 Of The Wealthiest Universities In The WorldThe Very Last Bitcoin Will Be Mined Around 2140. Read More10 Phones That Can Easily Fit In The Smallest PocketYou’ve Only Seen Such Colorful Hairdos In A Handful Of AnimeWho Earns More Than Ronaldo?Who Is The Most Powerful Woman On Earth?6 Interesting Ways To Make Money With A Drone8 Most Interesting Sylvester Stallone MoviesTop 7 Best Car Manufacturers Of All TimeThe 10 Best Secondary Education Systems In The World8 Amazing Facts About Ancient Egypt “This guidance will be kept under constant review as circumstances change. The League will be in regular contact with the PFA and the union will join a meeting which will be held tomorrow between the League, players and club representatives.” Additionally, the Premier League voted unanimously to advanec £125million to the EFL and National League due to ‘the severe difficulties clubs throughout the football pyramid are suffering at this time’. The statement added: “Further to that assistance, the League remains committed to supporting the National Health Service, its staff and helping people in communities, not least those who are most vulnerable.
Associated Press Update on the latest sports Braves Hall of Famer Hank Aaron said on his Twitter account that Bartholomay “was the greatest owner I ever had the pleasure to play for.”Bartholomay died Wednesday at New York-Presbyterian Hospital, according to his daughter, Jamie.OBIT-GLOBETROTTERS-NEALHarlem Globetrotters great Curly Neal dies at 77UNDATED (AP) — Iconic Harlem Globetrotters player Fred “Curly” Neal has died at 77, according to the team. Nesmith was one of the nation’s most prolific scorers and 3-point shooters before a right foot injury caused him to miss more than half the season. He averaged 23 points, 4.9 rebounds and 1.4 steals for the Commodores this past season.MLB-OBIT-BARTHOLOMAYBill Bartholomay, who moved Braves to Atlanta, dies at 91ATLANTA (AP) — Former Braves owner Bill Bartholomay has died at 91.Bartholomay moved the franchise from Milwaukee to Atlanta in 1966, making it the first Major League Baseball team in the South. He headed the group that sold the Braves to Ted Turner in 1976 but retained a partial interest and remained as the team’s chairman until November 2003, when he assumed an emeritus role. — The Colorado Avalanche say one of their players has recovered after testing positive for the COVID-19 virus. The player was at home in isolation since the symptoms first appeared. The team says anyone who had known close contact with the player has been notified. The Avs issued a statement saying they continue to work in conjunction with their medical staff and public health officials to do everything they can to help the Avalanche community remain safe and healthy during this time.— NHL stars Alex Ovechkin (oh-VECH’-kin) and Sidney Crosby think the league should go directly to the playoffs once it resumes play. The two rival Metropolitan Division captains shared their views Thursday. Crosby says he understands the need to try to play as many games as possible. But he says he wouldn’t mind beginning with the playoffs. Ovechkin had the same idea. There is no timetable for when play will resume. It has not been determined whether the league will complete the regular season.— The WNBA has announced its draft will be a virtual event this season due to the coronavirus pandemic. The draft will be held on April 17 as originally scheduled but will be broadcast without players, fans or media in attendance. WNBA Commissioner Cathy Engelbert says the league is still looking at different scenarios for the start of the regular season but notes it could begin before the NBA resumes play.— Arsenal manager Mikel Arteta says he has fully recovered from the coronavirus, two weeks after testing positive for COVID-19. Arteta told the Arsenal website that he is “completely fine” and that he only felt ill for a few days. He said he had three or four days that were a little bit difficult, with a bit of a temperature, a dry cough and some discomfort in my chest.” Arteta became the first Premier League figure to test positive for the coronavirus on March 12. The league was then suspended the next day.— The International Olympic Committee says it is “not aware of any link” between an Olympic boxing tournament it oversaw in London this month and positive coronavirus tests for people who were there. The Turkish boxing federation says a boxer and a trainer now have the virus after attending the Olympic qualifying tournament, which was stopped on March 16 after three of the scheduled 11 days. The Turkish team says the two men are being treated in a hospital and two others with symptoms are awaiting test results. NCAA-REVENUE DISTRIBUTIONPandemic fallout: NCAA slashes distribution by $375 millionUNDATED (AP) — The NCAA will distribute $225 million to its Division I members in June. That is $375 million less than had been budgeted this year because the coronavirus outbreak forced the cancellation of the men’s basketball tournament.The NCAA says $50 million will come from its reserve fund. A $270 million event cancellation insurance policy will help pay the rest.March Madness is among the biggest revenue producers for the NCAA and its schools. It was canceled March 19, a week before the first round was scheduled to begin. The NCAA pulled in more than $1 billion in revenue last year, including $867.5 million from the television and marketing rights for the Division I men’s basketball tournament.The NCAA had been scheduled to distribute $600 million to more than 300 Division I schools from April to June.COLLEGE BASKETBALL-VANDERBILLT-NESMITHNesmith leaving CommodoresNASHVILLE, Tenn. (AP) — Vanderbilt guard Aaron Nesmith is forgoing his final two seasons of eligibility to enter the NBA draft. The dribbling wizard played for the Globetrotters from 1963-85, appearing in more than 6,000 games in 97 countries for the exhibition team known for its combination of comedy and athleticism. He became one of five Globetrotters to have his jersey retired when his No. 22 was lifted to the rafters during a special ceremony at Madison Square Garden in 2008.Neal was a crowd favorite with his trademark shaved head, infectious smile and ability to dribble circles around would-be defenders.,Tampa Bay Lightning advance to face Dallas Stars in Stanley Cup finals, beating New York Islanders 2-1 in OT in Game 6 — A person with knowledge of the details tells The Associated Press that top NBA executives are having their base salaries reduced by 20% for the foreseeable future. The reductions affect the roughly 100 highest-earning executives, as the NBA joins the NHL and NASCAR in cutting salaries while competitions are on hold because of the coronavirus. The cuts are effective immediately and affect NBA employees both inside the league headquarters in New York and in global offices.— Hall of Fame jockey Javier Castellano says he has tested positive for the coronavirus and will be in quarantine for two weeks. Castellano tested positive as part of a physical that officials at Gulfstream Park mandated as a prerequisite before being cleared to ride in Saturday’s Florida Derby. Castellano says that he has not had “known contact with anyone that has tested positive.” Castellano last rode on March 15, when he had two mounts at Gulfstream.— New Orleans Saints quarterback Drew Brees says he and his wife, Brittany, are donating $5 million to help Louisiana businesses and communities contend with challenges brought on by the coronavirus outbreak in the state. Brees posted his pledge on a social media account and says the money will help several restaurants in which he has an ownership stake as well as a major hospital chain and charities that deliver meals to people in need.— The Green Bay Packers have extended the closure of Lambeau Field through at least April 24 to help minimize the spread of the coronavirus after Wisconsin Gov. Tony Evers issued a “safer at home” order through that date. Packers officials said the closure would continue until that order expires or until a superseding order is issued. Packers officials say Lambeau Field and Titletown will only have essential personnel in place for non-public operations of the facilities.— Former President Barack Obama was among more than 50,000 viewers who logged onto a coronavirus discussion between Golden State Warriors guard Stephen Curry and Dr. Anthony Fauci, the director of the National Institute of Allergy and Infectious Diseases. When Curry asked when it might be time to start thinking about sports again, Fauci responded, “when the country as a whole has turned that corner,” and the curve that shows how the virus is still spreading nationally starts coming down. March 26, 2020 Share This StoryFacebookTwitteremailPrintLinkedinRedditVIRUS OUTBREAK-SPORTSIndy 500 moved to AugustUNDATED (AP) — The Indianapolis 500 scheduled for May 24 has been postponed until August because of the coronavirus pandemic. It will be the first time since 1946 that the race won’t be run on Memorial Day weekend.IndyCar initially said it would resume racing May 9 on the road course at Indianapolis. That race will now be run on July 4, a day before NASCAR races at The Brickyard. The Indy 500 will be moved to Aug. 23.In other outbreak-related developments:— The company that manufactures uniforms for Major League Baseball, has suspended production on jerseys and is instead using the polyester mesh fabric to make masks and gowns for hospitals in Pennsylvania and nearby states. Fanatics founder and executive chairman was watching TV last week when he was struck by the idea to turn the 360,000-square foot facility in Easton, Pennsylvania, into a factory for the COVID-19 virus fight. St. Luke’s Hospital in nearby Bethlehem reached out to Fanatics late last week about the possibility of the company manufacturing masks.— Hockey equipment manufacturer Bauer has shifted from making visors for helmets to medical visors for those fighting the coronavirus pandemic. Bauer faced the possibility of closing its manufacturing plant in Blainville, Quebec, when hockey came to a halt amid the global pandemic. But engineers there instead brainstormed the idea of producing medical shields to help protect people on the front lines of the fight against COVID-19.
Sponsors of the 2017 Africa Cup of Nations, Total, yesterday unveiled the 14 lucky customers that are beneficiaries of an all expense trip to Brazzaville, Gabon, to watch the final of the biennial competition at their corporate head office in Victoria Island.The 14 lucky winners spanned from several cities in Nigeria including Lagos, Abuja, Port Harcourt, Benin and Kaduna and they will depart Lagos, Nigeria today. In his address, the Managing Director of Total Nigeria, Mr. Jean-Philipe Torres, acknowledged foot as a unifying factor in Africa.“In Nigeria, football is not just a sport but a unifying platform that breaks all barriers. The Confederation of African Football, CAF, and Total entered a partnership agreement under which the Group became the official sponsor of African football for the next eight years.“Total is supporting CAF’s 10 principal competitions; starting with the ongoing AFCON. Through this partnership, we hope to further promote youth development and strengthen ties with our stakeholders as we energize millions of people in communities across the continent,” Torres said.He reiterated that “though Nigeria is not present at the competition, Total has created excitement at our over 500 service stations nationwide through the ongoing Total AFCON Campaign where 14 lucky customers now have a chance to watch the final match in Gabon.”Share this:FacebookRedditTwitterPrintPinterestEmailWhatsAppSkypeLinkedInTumblrPocketTelegram