FIFA agree massive $1.5 billion COVID-19 relief plan

first_imgFIFA announced on Thursday that it had agreed a $1.5 billion relief plan to help deal with the impact of the COVID-19 pandemic on the global game.FIFA’s plan means world soccer’s governing body will dip into its reserves to provide national federations with a number of grants and interest-free loans to cope with budget hits.FIFA had already provided the immediate release of all funds from its ‘Forward’ projects and given the green light for such grants to be used for COVID-19 relief plans — with a minimum of 50% of released funds to be allocated to women’s football. Infantino added that there would be strict controls on the use of funds, audit requirements, as well as clear loan repayment conditions.Olli Rehn, the deputy chairman of the FIFA Governance Committee, who is Governor of the Bank of Finland and a member of the Governing Council of the European Central Bank, will head a committee set up to administer the funds.The council also backed changes to the calendar to support confederations’ desires to extend international breaks to allow for fixture congestion and rearranged matches.Infantino said no decision has yet to be taken on the rescheduling of the new Club World Cup tournament which has been postponed from July 2021 due to the postponement of Euro 2020 and the Copa America.The council also gave the green light to a new pan-Arab tournament to be played in 2021 in Qatar as a ‘test event’ for the 2022 World Cup.The invitational competition will be contested by Arab nations from Africa and Asia and feature home-based players only.The tournament will be held in from 1-18 December 2021 and be run by Qatar’s World Cup organising committee.  Topics :center_img The third stage of the plans, unanimously backed by the FIFA Council on Thursday, allows for a ‘universal solidarity grant’ of $1 million dollars to all national associations with an additional $500,000 specifically for women’s football.Each regional confederation will receive a grant of $2 million.FA’s will be able to apply for loans, amounting to up to 35% of their audited, annual revenues up to a maximum of $5 million with confederations able to request up to $4 million.”Both grants and loans can be directed by member associations to the wider football community in their respective territories, including clubs, players, leagues, or others that have been affected by COVID,” said FIFA president Gianni Infantino.last_img read more

ESMA opines on supervisory approach to Brexit-related relocations

first_imgUK-based financial market participants should not be allowed to create “letterbox” entities in European Union member states when relocating post-Brexit, according to the European Securities and Markets Authority (ESMA).The principle is one of nine that the European supervisory authority set out in a note to national supervisory authorities about the approach they should take to UK financial firms seeking to relocate parts of their operations.Steven Maijoor, ESMA chair, said: “The UK plays a prominent role in EU financial markets and the relocation of entities, activities, and functions to the EU27 creates a unique situation requiring a common effort, at EU level, to safeguard investor protection, the orderly functioning of financial markets and financial stability.“The EU27 have a shared interest in building a common approach to dealing with relocating firms that wish to continue to benefit from access to EU financial markets. Firms need to be subject to the same standards of authorisation and ongoing supervision across the EU27 in order to avoid competition on regulatory and supervisory practices between member states.” ESMA said relocating UK-based market participants might try to rely on outsourcing or delegating certain activities or functions back to UK-based entities, but warned that this must not be allowed to create supervisory arbitrage risks.Delegation and outsourcing to third countries should only be possible under strict conditions, according to ESMA.Another principle it set out is that national supervisory authorities should be able to verify the “objective reasons” for relocation.ESMA said it would establish a forum to help national regulators report on and discuss cases of relocating UK market participants. It also planned to develop more detailed guidance in relation to sectors such as asset management.In a workshop aimed at UK asset managers thinking about relocating to Germany, the German financial regulator BaFin will later this month set out its approach to some of the issues covered in ESMA’s opinion.The UK regulator, meanwhile, has written to some 20 UK asset managers about their plans in relation to Brexit.According to a report in the Financial Times, the Financial Conduct Authority (FCA) has set out 30 questions for managers. These include whether UK-based asset managers are planning to relocate staff or operations to the EU, or whether they have applied for new licences from foreign regulators.An FCA spokesperson told IPE: “It is important for us as supervisors to understand the plans that our regulated firms have regarding Brexit.“To help firms prepare for these conversations, we shared the details of the questions we would be asking. This was not a formal data request and was not asking firms to undertake any further work. These conversations are to help us understand what work firms are already doing to prepare for Brexit.”last_img read more

NZ govt spent $19m to kill 14,745 babies in abortions

first_imgLifeNews 6 May 2014Ken Orr is the spokesman for Right to Life of New Zealand.Why are we funding the Killing of our own Children? Why are we paying for the funding of the killing of our precious unborn and the war against women?Many of us, against our will, have been made complicit in this injustice.When Parliament passed the abortion legislation in 1977, it decreed that the killing of children in the womb was “a health service” and that it would be “a core health service.” It has in fact being decreed as “an essential health service”, with every one of the twenty District Health Boards obligated to provide this “service”, or to make arrangements with a neighbouring Health Board to provide the “service.”There was to be no waiting list and funding was to be unlimited. It was also decreed that the taxpayer was required to fund the killing of children in the womb. In 2012 the taxpayer provided over $19 million to fund the killing of 14,745 children and $4 million in fees to certifying consultants; Blood Money. This money could be spent on real health services, it would pay for 722 hip replacements at $18,000 each, or 325 cardiac bypasses at $40,000 each.Parliament has inflicted on the people of New Zealand a great injustice that is supported and promoted with an orchestrated campaign of lies. Abortion is not a health service, it is neither a service to the child who is murdered before it is born, nor a service to the mother who is wounded and who is the second victim of abortion. It is not a service to our public health service which is defiled by the killing of the innocent. It is not a service to the doctors and nurses who work in our hospitals dispensing compassion and loving care, whose consciences are corrupted by the  murder of the innocents. read more

“Government is addressing the unemployment issue” says Skerrit

first_img Sharing is caring! LocalNews “Government is addressing the unemployment issue” says Skerrit by: – October 5, 2011 Tweet Prime Minister of Dominica Roosevelt Skerrit.Dominica’s Prime Minister, Honorable Roosevelt Skerrit has dispelled critics which claim that the government is not doing anything to address the unemployment issue on the island.The Prime Minister says while government is working tirelessly to reduce levels of unemployment, they are happy to report that there are signs of major improvement in that area.He says his government stands confident in saying that their attempts are ongoing and showing signs of success, despite the difficulties imposed by the global financial crisis.“Often times you hear this government is criticized about the issue of unemployment, but no government have made more attempts, concrete attempts at solving the issue of unemployment in Dominica that this Labour Party government.”Government is also commending the efforts of the Agricultural and Industrial Development Bank (AID Bank) for working with the government to facilitate loans for the private sector.Mr Skerrit said that with AID Bank’s assistance, private sector firms are now better able to fund their businesses, thereby creating avenues for employment opportunities.“We have through the Aid Bank been seeking and finding cheaper financing for the private sector and I dear say that almost every single hotel that is being constructed here in Dominica is largely financed by the Aid Bank at a much cheaper rate than you will find in most banks in the region.” He is calling on Dominicans to remain focused at developing Dominica. He says his government will continue to put plans and strategies in place to bring economic and social development to island to benefit all citizens.“There will be the naysayers; there will be those who only want to see destruction and poverty brought down to Dominica. But this government is about improving the livelihood and the state of affairs in our country, and that we will do. This is the only government that has a plan and a vision to build Dominica. This is the only government and party that is committed to improving the lives of every single citizen, irrespective of who you are.”Dominica Vibes News 8 Views   no discussionscenter_img Share Share Sharelast_img read more

Vidic: United are out of title race

first_img United lie 14 points behind leaders Arsenal following the 3-1 defeat to Chelsea at Stamford Bridge on Sunday. United captain Vidic, who was sent off late in the game for a challenge on Eden Hazard, thinks his side should concentrate on qualifying for the Champions League by finishing in the top four. Nemanja Vidic believes Manchester united are too far behind in the table to seriously contemplate defending their Barclays Premier League title. “Hopefully we can play better football and with a bit of luck I think we can achieve that.” Vidic felt his dismissal by referee Phil Dowd was harsh. “I think it was a bit harsh because I went for the ball,” he said. “Hazard is a sharp player, he just pushed the ball.” Samuel Eto’o scored a hat-trick before Javier Hernandez netted a consolation for David Moyes’ side. Unlike his manager, who refused to concede the title race was over, Vidic thinks United should set new goals. Asked if United were too far behind leaders Arsenal to challenge for the title, Vidic told Sky Sports: “Yes, I think so now we are too far behind. “We have to focus now to get in the top three, top four. We have to be positive.” With United also lying six points off the top four Vidic admitted even qualifying for the Champions League would not be straightforward. He said: “It’s not going to be easy but we have to now fight for different things. “We have to focus on the (Capital One) Cup and the Champions League. “It’s never easy but we have to stay positive, we have to stick together, we have to work hard to change the things around. Press Associationlast_img read more

Asian Games Kuwait welcomed back to Asian Games with OCA warning

first_imgJakarta: Kuwait was warned by the Olympic Council of Asia (OCA) on Saturday to stop its “world record” of government interference in sport or face being exiled for a third time.The International Olympic Committee (IOC) this week provisionally lifted its ban on Kuwait, allowing the Gulf state’s athletes to march under their own flag at Saturday’s Asian Games opening ceremony in Jakarta.But the IOC said that despite its “gesture of goodwill” the reasons for its original suspension remained valid.Also Read | Asian Games 2018: Indonesia’s richest man Michael Bambang Hartono to participate at 78 “This is a world record for government interference in the Olympic movement, no country is like this,” OCA director general Husain Al Musallam told AFP after an executive board meeting discussed the matter in Jakarta on Saturday.“We are very happy for the Kuwait National Olympic Committee and for the athletes,” he said.“We hope this will not happen in the future and the Kuwait government will respect the road map they have agreed with the IOC to lead to fresh, clean, transparent and democratic elections based on each sport’s statutes approved by their respective international bodies.”World sports bodies led by the IOC and FIFA suspended Kuwait in October 2015 for a second time since 2010 for political interference in sport.The IOC said that in reinstating Kuwait provisionally that it “acknowledged the progress” and the “positive discussions with the Government of Kuwait”.Read More | Asian Games 2018: Schedule, Timings, When and where to watch Al Musallam said Kuwait did not have much time to prove it was trying to meet IOC requirements.“We are going to review the situation with the IOC on October 3 and 4 to see if any of the agreement has been implemented on the ground, or if there is nothing,” said Al Musallam.“We really hope this thing will be finished.” For all the Latest Sports News News, Asian Games News, Download News Nation Android and iOS Mobile Apps.last_img read more

Indian Premier League IPL 2019 RCB vs KKR: When and where to watch live action

first_imgNew Delhi: On a losing streak in the last four matches, Royal Challengers Bengalore are expected to ring in changes and experiment in search of their first win when they take on Kolkata Knight Riders in an IPL match at the M Chinnaswamy stadium on Friday. RCB’s performance this IPL has been disappointing, both with the bat and ball, and a dejected captain Virat Kohli has conceded that his struggling team is yet to get the right balance but will continue experimenting with its combinations. They lost their last game by seven wickets against Rajasthan Royals in Jaipur and now they will be up against a balanced KKR side, who have won two matches out of three they have played so far. Last time, the RCB beat KKR was in May 2016 at Eden Gardens and they have suffered defeats in their last three encounters against the Kolkata-based side at Chinnaswamy Stadium here. Batting collapse is the biggest worrying factor for RCB and to made matters worse captain Kohli’s form has not been up to the mark by his high standards. He has managed a below 20 average in four games. Parthiv Patel and AB de Villiers are the only batsmen who have above 20 average. In their first match against Chennai Super Kings, RCB were bowled out for a paltry 70 in 17.1 overs after their top-order crumbled before the bowling of Harbhajan Singh and Imran Tahir.       Against Sunrisers Hyderabad, the RCB bowlers allowed SRH to post a mammoth 232 with centuries from Jonny Bairstow and David Warner. RCB then collapsed to an embarrassing 35 for 6 in the eighth over, with Kohli and de Villiers contributing just four runs between them. In the end, they were skittled out for 113 to lose the match by a massive 118 runs. Against Rajasthan Royals too, RCB top order failed, except Parthiv who scored a half century. The RCB think-tank would be hoping that their top order batsmen come out with flying colours on Friday against KKR.When and where to watch IPL 2019 RCB vs KKR match? The Indian Premier League (IPL) 2019 will be broadcast live on Star Sports in eight languages, including Hindi and English. The RCB vs KKR match will also be live streamed at Hotstar. The match will start at 8 pm on Monday at the M Chinnaswamy stadium in Jaipur, Rajasthan.Complete squad:Kolkata Knight Riders (From): Nikhil Naik, Chris Lynn, Robin Uthappa, Nitish Rana, Dinesh Karthik(w/c), Shubman Gill, Andre Russell, Piyush Chawla, Kuldeep Yadav, Lockie Ferguson, Prasidh Krishna, Rinku Singh, Joe Denly, Shrikant Mundhe, Carlos Brathwaite, Sunil Narine, Sandeep Warrier, Harry Gurney, Yarra Prithviraj, KC CariappaRoyal Challengers Bangalore (From): Parthiv Patel(w), Shimron Hetmyer, Virat Kohli(c), AB de Villiers, Moeen Ali, Shivam Dube, Colin de Grandhomme, Prayas Barman, Umesh Yadav, Mohammed Siraj, Yuzvendra Chahal, Nathan Coulter-Nile, Tim Southee, Devdutt Padikkal, Heinrich Klaasen, Himmat Singh, Pawan Negi, Washington Sundar, Milind Kumar, Marcus Stoinis, Gurkeerat Singh Mann, Akshdeep Nath, Navdeep Saini, Kulwant Khejroliya For all the Latest Sports News News, Indian Premier League News, Download News Nation Android and iOS Mobile Apps.last_img read more

South Africa’s players despondentafter early World Cup elimination

first_imgBy Hugh LawsonLONDON (Reuters) – South Africa’s players expressed bitter disappointment and even embarrassment after their elimination from the World Cup was ensured by their loss to Pakistan at Lord’s on Sunday but they said they would learn lessons and return stronger.The Proteas’ chances of progressing in the tournament evaporated after they logged their fifth loss in seven matches, making it mathematically impossible for them to secure a top-four spot and a place in the semi-finals.“It’s becoming where it’s a little bit embarrassing. We’re trying, but it’s just not good enough. Obviously I’m human as well, so it will keep chipping away at me,” captain Faf du Plessis told reporters after a 49-run defeat at Lord’s.“I’m a very proud player and captain, and playing for South Africa means a lot for me, and the fact (is) that the results we’re dishing out at the moment– you know it’s really, really tough,” he said.The team’s headline bowler, paceman Kagiso Rabada, said the whole team felt like they had failed to play to their usual standard, both on Sunday and throughout the tournament.“Pakistan turned up, and we didn’t,” he said.“We’re very disappointed. We tried so hard at practices and we spoke about what we needed to do, but unfortunately we just couldn’t bring it out into the field of play. And that’s what you have to do in tournaments like this.“We try to prepare, we do our analysis. We come in with a good mindset – it’s just execution is one thing that’s been a question mark for us,” added Rabada.Du Plessis said the team had been running low on confidence as their losses piled up and turning that around rested mostly with each individual player.“For me at the moment, it’s a confidence thing. The guys are playing with low confidence and therefore making more mistakes,” he said.“The responsibility lies with every player to try and make sure that he comes to the park and gives everything, and if confidence is an issue, you need to sort it out yourself.“You know, if I could I would get my wand out and get some runs on the table for our batters. But I can’t, unfortunately.”Rabada and Du Plessis said the team had lessons to learn, and that they would be fighting to get things right next time.“We’ll definitely be back firing, looking to nail some of the things that we wanted to nail in this tournament,” Rabada said.last_img read more

Bravo keeping fit during COVID-19 shutdown

first_imgPORT OF SPAIN, Trinidad, (CMC) – A decision to invest in cricket nets at his home has paid dividends for West Indies marquee left-hander, Darren Bravo, especially with the outbreak of the coronavirus pandemic having halted competitive cricket in the Caribbean.The 31-year-old, who recently returned to the West Indies side for the one-day tour of Sri Lanka, said he had been able to stay fit during the break so as to be ready for whenever domestic or international cricket resumed.“A couple months ago I decided to build my own cricket nets at my home. I invested in a bowling machine and stuff like that,” Bravo said.“So I’ve been training. My brother (Dwayne Bravo) comes across from time to time and we do some physical training as well but more so I tend to spend a lot of time in the nets with the bowling machine …“So things have been working out. I’m just trying to stay as fit as possible and trying to improve on my skills as much as possible. Hopefully we can be back out pretty soon.”Cricket West Indies (CWI) has put a pause on its domestic itinerary because of the outbreak and maybe forced to cancel some international series if the pandemic continues to impact the region.Bravo remains one of West Indies’ most experienced batsman with 54 Tests and 113 One-Day Internationals under his belt.However, he was dropped last October for tours of Afghanistan and India following a poor run of form, resulting from a protracted layoff owing to a public spat with former Cricket West Indies president, Dave Cameron.He scored heavily in both the recent Super50 Cup and the first class championship and though he never got going in the three-match series against the Sri Lankans, an 88-ball hundred in a warm-up against a Sri Lanka Cricket XI was enough to convince many of his return to form.“I had the opportunity to go back and play in the Super50 and I think I did well,” Bravo said.“I think the opportunity to come back play more cricket and spend more time out in the middle, that did a lot for me and gave me a lot of confidence to move forward.”He added: “[There were] not ideal performances [in Sri Lanka] but I think the camaraderie and the way we went about playing Sri Lanka, I think [captain] Kieron Pollard and [coach] Phil Simmons are doing a fantastic job.“All in all, the team is coming along nicely. Obviously the people in the team is our strong point but having said that, the team is gelling nicely and I’m sure in the not too distant future as long as we continue playing as a team and keep believing in ourselves, things can change for us.”last_img read more

Alumna founds youth mentoring organization

first_imgJulian Jenkins, the senior director of regional recruiting for the company Next College Student Athlete and avid supporter of The Big Homie Project, said he has seen how inspirational Diep has been to community members in the East Palo Alto and greater Silicon Valley area.  Diep said The Big Homie Project is unique in that it not only works to inspire the youth in the area, but it also allows adults to see the impact they can have on students’ lives without it being dependent upon monetary donations or other financial help.  Diep, a 2018 graduate, spearheaded the program The Big Homie Project, in spring 2019 to provide opportunity for a demographic that often falls through the cracks. The program aims to connect rising high school juniors and seniors in the Boys & Girls Clubs of America with a “big homie” mentor and help marginalized students enter career fields where they are often underrepresented.  Where there are gaps in academic and career achievement for underprivileged kids in the Bay Area, alumna Jacqueline Diep works to build bridges.  Diep’s desire to help underprivileged youth is inspired by her own story: After growing up in foster care and struggling with homelessness, she credits the mentors throughout her life for achieving her goals. Diep said she believes healthy mentorship is the biggest contributor to a student’s success and drive. Diep said exposure was the first step to fulfilling the achievement gap that many underprivileged youth face, but success in college and career pursuits is not the only goal of The Big Homie Project. The organization also prioritizes opening doors to new experiences and hobbies for the students, such as joining sports teams or going to recreational centers in the area.  “When you’re able to visualize and see someone who looks like you in a position or doing something that you might want to do, it’s more [easily] obtainable,” Diep said.  “There’s a lot of people that want to give back and a lot of people that like giving back to young people but may not just know how to do it,” Jenkins said. “So [Diep] gives them a platform because she’s actively doing it.” Jacqueline Diep created the program to give back to her community in the Bay Area after her own difficult childhood. (Photo courtesy of Jacqueline Diep) Makayla Miller, a senior at Palo Alto High School and a student in The Big Homie Project, hopes to study psychology or social work and said she has found great guidance in her “big homie” Auriel August, a Stanford general surgery resident. Miller said having a mentor who she can personally relate to and see herself in keeps her motivated and focused.  Diep’s search for adults to mentor students goes further than their success; she looks for mentors who come from similar backgrounds and demographics as the students she aims to help, as she believes representation is a key component for students to thrive.  Diep hopes that through The Big Homie Project, she can give back the mentorship she received and provide essential guidance for students just like her.  “For me, the monetary exchange is you and the position that you’re in and the fact that you can actually help a kid and you can change someone’s life without having to open up your wallet,” Diep said.center_img “When you see people on TV, you’re like, ‘Oh, that’s a one in a million chance that could happen for me,’” Miller said. “But when it’s someone that is in your community, someone that you can call on the phone and talk to if you want to, then it’s more like, ‘I can continue pursuing what I want to pursue and I can get to where I want to get because this person did.’” “Some of these mentorship programs [are] very generic and it’s like, ‘Oh, let me help you with homework or let me help you with college applications,’ but [our goal is to] peel back that layer a little bit more,” Diep said. “I realized that I would not be where I am at today, I would not be a high school graduate, a college graduate, let alone a USC graduate, had it not been for my social worker, my teacher, mentors, people who just really looked out for me,” Diep said.  “For most people who come from either underserved communities or come from the background I come from, we don’t talk about it,” Diep said. “It’s never ever a ‘poor me’ story because that will never ever get you out of the circumstance that you’re in. You have to be able to just push forward. And what I realized was that [with] a lot of kids in the community, especially East Palo Alto, I saw a mirror image of myself, basically.”  Diep said she is certain volunteering as a mentor for marginalized youth and creating networking and bonding opportunities for them is far more impactful than any amount of money could be.  “My goal is that every kid figures out a way out of a community like East Palo Alto,” Diep said. “Facebook is a few blocks away and you have all these companies that are a few blocks away and yet you have this community over there that’s struggling.” “Kids — if they’re not given exposure to certain things, they’re not gonna know what it is,” Diep said. “But through rock climbing, [Miller’s] confidence was built and she’s now a very advanced climber because of The Big Homie Project.”  “Yeah, of course you can give them money … but time and physically being there … there’s not much to replace that,” Jenkins said. Working at tech giants such as Facebook and Google, Diep said she would often get caught up in the day-to-day grind that defines the startup capital but wanted to extend herself further than just her job and give back to her community. Looking toward her immediate surrounding area, Diep centered The Big Homie Project on a demographic she felt needed the most attention — youth in East Palo Alto, a predominantly Black and Latinx city in the Bay Area that is often stigmatized as dangerous.  Rock climbing was never something Miller would have considered taking up as a hobby had it not been for her mentor organizing an outing to the local Planet Granite facility.  CORRECTION: A previous version of this article said that the organization name was Boys & Girls Clubs of America. It is the Boys & Girls Clubs of the Peninsula. The Daily Trojan regrets this error.last_img read more