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first_imgDNB said it would also look into the decision-making process and whether the pension funds still had a clear view on downside risk after any adjustments.The supervisor indicated that three pension funds had decided not to change their risk profile after consultations with DNB. Five schemes would be allowed to raise their investment risk after their funding had improved to more than 105%, it added.Pension funds that increase their investment risk must raise their financial buffers at the same time. DNB said the required asset level had increased by 3% on average.The one-off option to raise the risk profile is part of the new financial assessment framework (nFTK), which was introduced in 2015.During the past two years, 45 pension funds in total – including the schemes of coffee producer Douwe Egberts, BpfBouw, and UWV – have used this option.Pension funds with a coverage of less than 105% are not allowed to increase their risk level, while schemes with a funding of more than 125% do not face limits in principle. More than 50 underfunded Dutch pension funds have indicated that they want to raise their risk profile this year in a bid to improve returns, according to supervisor De Nederlandsche Bank (DNB).It said 159 schemes were eligible for a one-off increase of their investment risk. These schemes had a coverage ratio of between the required minimum of 105% and the prescribed level for financial reserves of approximately 125%.DNB made clear that the 53 pension funds that took up the opportunity had predominantly opted for a reduction of their interest rate hedge, sometimes combined with an increase in equity allocations.The watchdog said it assessed the schemes’ requests against criteria such as a “balanced approach towards their participants” as well as the impact of the adjustment on different generations.last_img read more


first_imgThis facility is operated by Dubai Ports (DP World), one of the main port operators worldwide, accounting for 78 terminals in 40 different countries. ACS Group, through its affiliate Dragados, has been awarded its first large-scale port project in North America for the design and construction of Vancouver Fraser Authority Port’s container terminal extension in British Columbia, Canada. This terminal, located in central Vancouver, is one of the Port’s three container terminals, representing one fifth of its total freight movement. According to ACS Group, the project will tackle the road congestion and it will improve efficiency by eliminating port traffic from adjacent roads. It will also avoid the three rail crossings used by port users while delivering continuous access to Highway 1.center_img The project’s investment volume rises up to €260 million approx. and it is expected to be completed in December 2021. “The main aim of this project is to extend the terminal’s surface and to rearrange it towards increasing its capacity from the current 900.000 TEUs to 1.5 million TEUs annually. Likewise, freight movement and access to harbor area will be improved by building a fly-over and by improving and refurbishing the access routes,” the company reported.last_img read more


first_img They do want Jadon Sancho, but may be priced out of a move for the Borussia Dortmund winger. Their forward targets include Moussa Dembele, Joshua King and others. It is unclear who they would chase at centre-back, but David Upamecano is a long term target. However, the Frenchman may be pursued next term. FacebookTwitterWhatsAppEmail分享 Promoted Content2020 Tattoo Trends: Here’s What You’ll See This Year8 Superfoods For Growing Hair Back And Stimulating Its GrowthCan Playing Too Many Video Games Hurt Your Body?The Very Last Bitcoin Will Be Mined Around 2140. Read MoreYou’ve Only Seen Such Colorful Hairdos In A Handful Of AnimeEver Thought Of Sleeping Next To Celebs? This Guy Will Show You5 Of The World’s Most Unique Theme Parks7 Ways To Understand Your Girlfriend BetterWhat Happens To Your Brain When You Play Too Much Video Games?7 Black Hole Facts That Will Change Your View Of The UniverseWhat Is A Black Hole In Simple Terms?9 Facts You Should Know Before Getting A Tattoo Loading… center_img Manchester United are hoping to seal three more signings before the transfer window closes. The Red Devils have only secured Donny van de Beek for the first team. The Dutch midfielder arrives to provide competition in those positions. According to the Manchester Evening News, United want to sign Sergio Reguilon from Real Madrid, along with a centre-back and striker. read also:PSG striker Karamoko completes Man Utd trialsAdvertisementlast_img read more


first_imgRelatedPosts No directive to constitute disciplinary committee against us — Ojudu, others ‘Army Officer’ in EFCC net for alleged multiple fraud COVID-19: NCAA to revoke erring airlines licence over non-compliance Technical Adviser Gernot Rohr on Saturday in Singapore told the media that he is preparing three-time African champions Nigeria for the 2021 Africa Cup of Nations qualifying matches against Benin Republic and Lesotho, rubbishing claims by a journalist on social media that he wants to quit the job.Rohr said at a pre-match press conference ahead of Sunday’s clash with the five-time world champions Brazil at the Singapore National Stadium in Kallang: “The game against Brazil will show how much we are progressing after finishing third at the Africa Cup in Egypt. “It is a fantastic opportunity for us to learn a few more things that will make us better and stronger for future challenges.“This is an important test game for us, and we are here to learn from the best. “We hope for a very good game against Brazil on Sunday. “This will help us prepare ourselves for the 2021 AFCON qualifiers against Benin Republic and Lesotho next month.“After the 2019 AFCON, two of our top players (Mikel Obi and Odion Ighalo) retired and we have to see how to replace them. “We saw a little bit in our friendly against Ukraine last month and hope we can improve on that performance tomorrow.“A good showing against Brazil will help our confidence a great deal.”last_img read more


first_imgRelatedPosts Pirlo not out to copy anyone after Juventus’ comfortable opening win Vidal lands in Milan to complete move from Barca to Inter Victor Moses donates N10m to Wigan Inter is keen to make Victor Moses loan switch from Chelsea permanent but are refusing to match the Premier League side’s €12 million (£10.4 million) demand, claimed Calciomercato.Antonio Conte reunited with the Chelsea outcast in January on an initial six-month loan deal with a view to making the transfer full-time in the summer. Moses was a surprise package during Conte’s time as Chelsea manager and the Nigeria international has settled in well during his short time at Inter.The 29-year-old has only started one league game for Inter since his arrival but he has no future at Chelsea and Conte is keen on a permanent deal.However, as clubs anticipate the financial cost of the coronavirus pandemic Inter are hopeful of being able to secure Moses’ future for less than the €12 million asking price previously set by Chelsea.After starting 55 league matches over two seasons under Conte, Moses has only started 15 league games in the two years since his departure.— Tags: Antonio ConteAntono ConteCalciomercatoInter MilanVictor Moseslast_img read more


first_imgSOUTH PADRE ISLAND, Texas — It isn’t too often that college students travel to South Padre Island to gain some valuable knowledge and education, but that’s exactly what happened to the Wisconsin men’s basketball team at the South Padre Invitational. The Badgers, in splitting the two games they played just north of Mexico, very well could have learned some valuable lessons about what the team is going to need to do in order to realize its full potential. The Badgers got to see how much guard play — especially the play of senior point guard Kammron Taylor — will ultimately decide how far Wisconsin’s season may go. In Wisconsin’s 66-64 loss to the Missouri State Bears Friday, shoddy guard play killed the Badgers. Junior Michael Flowers had six assists and 10 points — including four in the final two seconds of the first half — but had three ugly turnovers and missed all four of his three-pointers.It was Taylor’s performance that was shocking, however, as the Wooden Award watch-lister made only one of his six shots and managed only one assist against three turnovers.”We have to mature at our guard spot,” senior Alando Tucker said after the loss. “We’re still trying to find guys who are going to make great decisions. We didn’t make good decisions down the road. We took bad shots and made turnovers.””We need to make better decisions with the ball,” UW head coach Bo Ryan said on Friday afternoon. “Anybody could tell you that. People in the fourth row — if you asked them — would say that.”You could say that lesson was also learned, as the Badger guards responded with an impressive showing versus Auburn Saturday. Against a very aggressive defense that spent much of the game pressuring UW, the guards kept their cool, as Wisconsin only turned the ball over 12 times, including only a single second-half giveaway. “We got things done,” Ryan said of the stellar guard play.Flowers drained both of his three-point attempts and Taylor had maybe his best game of the season, shooting 6-of-10 from the field for a team-leading 16 points. He also pulled down five boards, grabbed two steals, dished out two assists and only had a single turnover. “That’s the Kam that we know, that’s the Kam that I know,” Tucker said. “He has to be that confident with the ball and with his shot. When we get that from him, that’s the result that we get: We get wins.””Well, my teammates did a great job of picking me up,” Taylor said of his rebounding from such a rough game. “I just felt that they still trusted me out on the floor.” Taylor indicated that he believes playing in a tournament format was helpful, as he didn’t have any time to really dwell on his performance against Missouri State. “It was a good thing that we got to play within the next 24 hours, because I didn’t have to go home and sit in my room and think about it,” Taylor said. “I had to bounce back because I couldn’t let my team down again.”In losing their first game of the season Friday afternoon, the Badgers finally were penalized for a slow start, not being able to overcome a 19-point deficit to Missouri State with only a minute remaining in the first half. “Guys have to realize that we can’t try to play from behind with as big a deficit as we did,” Tucker said after the loss to the Bears. The lesson was learned, as Wisconsin jumped all over Auburn the following day, scoring the first 10 points.Wisconsin also found one more thing in South Padre: a reliable third point guard option. So far this season, freshman guard Jason Bohannon had been serviceable on the court for UW, but on the southern tip of Texas, the Marion, Iowa native came alive. While many of the players looked uncomfortable in the team’s first trip from home, Bohannon was poised. Although he missed all three of his shots Friday, the three-point specialist handed out four assists without a turnover. In Saturday’s win, he contributed again, this time by hitting two three-pointers and scoring 10 points. The strong play drew the attention of head coach Bo Ryan who raved about the play of a first-year player in a tough road environment. “Look at his assists; these are the first turnovers he’s had. … He’s 12-to-2 on the season,” Ryan said of his freshman guard. School’s out in South Padre and back in at Madison as the Badgers return home. How much the Badgers learned in Texas will be tested Tuesday when Florida State invades the Kohl Center. “We’ve got to make sure we learn from this,” Tucker said. “Otherwise, why did we come?”last_img read more


first_imgSpeaking in the Carrier Dome on Thursday afternoon, Louisville head coach Rick Pitino discussed the circumstances surrounding Syracuse head coach Jim Boeheim.A week earlier, Boeheim responded to the NCAA report with an hour-long press conference in which he announced his decision to appeal the sanctions dropped on him by the NCAA and explained his decision to retire in three years.“I certainly don’t need to defend him because he did it quite well himself,” Pitino said at Louisville’s press conference Thursday afternoon.The Louisville head coach, who was the first assistant coach Boeheim hired at SU in 1976, said that college coaches are part of the NCAA and should refer to the NCAA as such. He also offered suggestions for the governing body’s investigation process.“We’ve got a lot of money from March Madness,” Pitino said. “Hire more people and get the job done in a shorter period of time.“Outside of that, Syracuse knows how to handle it. They don’t need me to defend them.”AdvertisementThis is placeholder textOne question earlier, the Cardinals’ 14-year head coach discussed SU’s announcement that Boeheim’s storied coaching tenure now has an end date.“I don’t believe the three years one bit,” Pitino said. “He’s too cheap to retire in three years. No, I’m only kidding.“I think Jim is going through a tough time right now and I think — one thing I can tell you about tough times is tough people get through them very well and he will get through it.”Pitino compared Boeheim’s continuity with one school to that of Mike Krzyzewski at Duke and Lou Carnesecca, who coached St. John’s for 24 years through the Big East’s birth.“You can’t imagine those programs without that one person at the helm,” Pitino said. “But every great thing does come to an end.”The UofL head coach also reflected briefly on his two years as Boeheim’s assistant head coach from 1976-78. Despite jokes about the weather, Pitino spoke about the “great memories” he has from Syracuse, where Pitino met many friends he still has today and where his first son was born. He added that he’ll be eating dinner Thursday night with Boeheim and his wife, Juli.And before ending his response to a question about Boeheim’s retirement, Pitino voiced his support for the 39-year SU head coach regarding the violations the NCAA report condemned him for.“I do know this, that he’s a man of great integrity,” Pitino said. “I worked with him. There’s not an ounce in him that would ever break the rules knowingly. So I know him very well, no different than (North Carolina head coach) Roy Williams. These are guys with great integrity. And sometimes you just — in today’s culture, anything can happen.” Comments Published on March 26, 2015 at 4:59 pm Contact Phil: pmdabbra@syr.edu | @PhilDAbb Facebook Twitter Google+last_img read more


first_imgPhoto courtesy of Ariel HellerAriel Heller sat up in bed when he read the original script for his Student Academy Award-winning thesis film last spring. Upon reading it, Heller knew then he had to bring the script to life. The script was written by alumnus Celia Rettenmaeier for a simulated studio-like production course, CTPR 546, Heller was in. It was originally titled “Blue Gatorade and Cheetos,” but over the course of the year, Heller and Rettenmaeier developed the script into Mammoth, a film following two brothers embarking on a journey to Mammoth Lakes after one discovers he is diagnosed with terminally ill cancer. With its compelling characters and visuals, Mammoth won a silver medal for best narrative film by a U.S. school for the Student Academy Awards. An alumnus of the USC Cinematic Arts program, Heller was one of two USC student recipient filmmakers awarded this season.Heller recalled the developmental process for the film as streamlined and uncomplicated after sitting down with Rettenmaier. The original script could not be made in the production course because of its 12-minute time constraint, but the possibility of Rettenmaier’s script making it into Heller’s thesis film was a viable option. Rettenmaier agreed and Heller began adapting the script, then shooting the film in December 2016.After receiving a bachelor’s degree in musical theater from Emerson College in Boston, Heller moved to New York City and began working as a stage actor in the Blue Man Group and the critically acclaimed Broadway play War Horse. In 2014, he relocated to Los Angeles to pursue a master’s degree at USC.Heller credits renowned filmmakers such as Alexander Payne, Charlie Kaufman and Spike Jones as an early influence on his writing and directing style. “The kind of humor and sensibility, and edge and tone that those guys get has always been what I’m after,” Heller said. “It comes in performance and complexities in relationships … mixed with the absurdity of life and how ridiculous things are and the ability to laugh at ourselves, feel pain and be vulnerable.”The 22-minute film focuses on two brothers, played by Tad Cooley and Alex Hoeffler, grappling with themes of death, time and acceptance as one of them battles terminal cancer. Mammoth explores juxtaposing visuals and tone, with dark humor accompanied by vast seclusions of Northern California winter landscape.Heller petitioned at USC to include his own brother Caleb Heller, an American Film Institute graduate, as director of photography for Mammoth.The title of the film takes also on a double entendre, according to Heller. “[Mammoth is] not just the physical place, but the size of the decision, the size of the symbology of the biggest and last decision you’ll ever make,” Heller said.As a director, Heller doesn’t shy away from political stances. He openly creates statements emphasizing “death with dignity” or the “right-to-die” laws for patients battling terminal illnesses.“The reason why I was so compelled with the story is because death with dignity — as a cause in this country and a law — is one that had caught my eye a few years back,” Heller said. He specifically mentioned the controversial Brittany Maynard case, in which a 29-year-old woman decided to take her life after learning she had terminal brain cancer. The case propelled California to pass a law in June 2016, allowing individuals with a terminal diagnosis the right to physician-assisted suicide. Heller wanted to ensure Mammoth did not fall into the category of a soapbox film; he instead displays his point of view through the dynamic relationships of his characters.“It’s an opportunity to shed a light on something through a real moment, through a real relationship, one that’s more nuanced and more complicated,” Heller said. “I hope that anyone who comes to see the film who might otherwise be skeptical or in opposition to that right, might walk away from this movie seeing value in affording people the privilege to be in control at the end.”last_img read more


first_imgArsenal fans have reason to gripe on Wednesday after a new report revealed that Gunners fans have to pay more than anybody to watch their team in person.The Gunners have the most expensive tickets in Europe, with their most expensive match day ticket costing £97.Interestingly, Arsenal’s priciest ticket has actually been reduced by £29 from their most expensive ticket last year (which was £126).Arsenal has also been outed as having the most expensive season ticket in the Premier League at £2,013, while their cheapest season ticket is £1,014.Only Tottenham (£1,895) and Chelsea (£1,250) have more expensive, cheaper tickets.For the record, Arsenal’s most expensive season ticket is double the price of Manchester United’s most expensive ticket and more than four times the cost of West Brom’s.last_img read more


first_imgHowever, when asked if second-year signal-caller Josh Rosen is the Cardinals’ quarterback, Keim didn’t give an unqualified endorsement.”He is right now, for sure,” Keim said. Kyler Murray says telling the A’s he’s committed to football ‘was tough’ Cardinals general manager Steve Keim is doing everything he can to keep quiet when it comes to NFL Draft discussions.While holding his press conference Wednesday at the combine in Indianapolis, Keim insisted it’s too early in the evaluation stage to address the possibility of Arizona selecting dual-sport star Kyler Murray. Keim: “is Josh Rosen our QB? He is right now, for sure.”— Dan Kadar (@MockingTheDraft) February 27, 2019The Cardinals hold the No. 1 overall pick in April’s draft, and while Murray could be the top pick after backing out of his MLB contract with the Athletics, Arizona also could use its pick on a defensive lineman, Nick Bosa or Quinnen Williams.Rosen, who turned 22 earlier this month, was selected by the Cardinals with the 10th overall pick in last year’s draft. He finished his rookie season with 2,278 yards passing and 11 touchdowns with 14 interceptions in 14 games.”Josh Rosen is incredibly talented and one of the most talented throwers you’ll see, a young player I’m excited to work with and develop,” new Cardinals coach Kliff Kingsbury said last month. “It’s hard to find a guy that throws it better.”center_img NFL Draft 2019: Kyler Murray reportedly adds more than 10 pounds for combine Related Newslast_img read more