Hosts France head coach Didier Deschamps on Saturday stressed the need to limit Portugal captain Cristiano Ronaldo’s influence in Sunday’s Euro football championship final. (Euro 2016 – Full Coverage) NO ANTI-RONALDO PLAN”If there is an anti-Ronaldo plan, like a recipe, no one has yet found,” Xinhua quoted Deschamps as saying at the pre-final press conference at the Stade de France. (Also read: Desperation to win trophy with Portugal makes Ronaldo dangerous: Rio Ferdinand) “Ronaldo is a great player with outstanding athleticism, footwork and aerial play. We must be careful and limit his influence,” Deschamps added.France defender Bacary Sagna, who also attended the press conference, said, “I do not need to praise Cristiano (Ronaldo), as everyone knows him. He is among the best in the world, if not the best. (Euro 2016 final: Portugal boosted by return of Pepe to training)”I will try to defend as on anyone, leaving less space for him. He is an outstanding player, but I have to play in front of good players every day.”DESCHAMPS WARY OF VERSATILE PORTUGALEvaluating the opponents, Deschamps said, “Portugal is a team that has experience and is well organised. It can change its game system compared to different opponents. (Also read: Cristiano Ronaldo has the opportunity to leave Lionel Messi in the shade) “It has a solid defence with Pepe and William Carvalho. It also relies heavily on the Nani-Ronaldo duo. It can project the offensive quickly in the defensive phase and control the ball well.”‘NOT SURPRISED BY UMTITI’On his side’s defence, Deschamps spoke highly of two defenders — Laurent Koscielny and Samuel Umtiti.advertisement”Koscielny has always been there. Although he did not play every game of the last World Cup, he has gained experience. It is a continuation of the season with Arsenal with great regularity,” Deschamps said. (Also read: Antoine Griezmann is as good as Cristiano Ronaldo and Lionel Messi: Bacary Sagna) “I’m not surprised by Samuel Umtiti, compared to what he does. I have not assumed. Otherwise, I would have made a different choice for the quarter-final and the semi-final. I trust him,” he noted.’GRIEZMANN IS CRUCIAL’On his side’s attacking, Deschamps hailed the brilliant performance of Antoine Griezmann, who has scored six goals to be the top favourite for the Golden Boot. (Also read: Antoine Griezmann a step away from reliving childhood moment)”In the 4-2-3-1 formation, Griezmann is in a position that he often occupies in Atletico Madrid. He is crucial and important to us, not only with goals but also the organisation,” he said.Deschamps also emphasised the focus on the game itself, saying, “It’s a special moment, and a unique opportunity. There is a title at the end. But do not change what we used to do. The ideal is to get as relaxed as possible but remain very focused on this game.”‘HAD A DIFFICULT TIME THIS YEAR’France keeper Hugo Lloris termed the final as an “escape” for France.”Obviously, we had a difficult time this year, whether by this dramatic event or non-sport stories. Having answered this field gives us a little more pride,” the French captain said.”All the French public is behind us. We started the campaign with a lot of criticism and desire, and we want to finish it with the best fashion.”France have not won, or even got into a major tournament’s semi-finals, since they claimed the Euro 2000 title. Portugal have never won any.
A second half brace in the space of seven minutes by Diego Lianez went in vain as stubborn Mexico went down 2-3 to England who booked their passage into the knockout stages of the FIFA U-17 World Cup at the Vivekananda Yuva Bharati Krirangan in Kolkata on Wednesday.Rhian Brewster (39th), Phil Foden (48th) and Jadon Sancho 55th, penalty) scored for the winners, before Lainez pulled back in the 65th and 72nd minutes.England now lead Group F collecting six points from two games and play Iraq on Saturday at the same venue, while Mexico take on Chile in Guwahati on the same day. Mexico have one point from two outings.England played the same team that did duty in their emphatic 4-0 victory over Chile while Mexico made one change from their 1-1 draw versus Iraq with defender Luis Olivas replacing Alan Maeda.Photo Credit: FIFA Mexico coach Mario Arteaga had said on the eve of the match that they have their plans in place for the English and would look to exploit their untested defence.On the field, the Mexicans looked to be executing their plans to perfection till the 39th minute. Jadon Sancho, who starred in the game against Chile, was kept in check by the well drilled backline while the slow pace of the North American side tired the nippy England attackers till the half-hour mark.After both teams got a corner each in the opening exchanges, the Young Lions saw a gilt-edged chance go abegging as Brewster skied a right-footer from handshaking distance after being set up by Callum Hudson-Odoi.advertisementSancho too volleyed over as Steve Cooper’s colts found the going tough with the Mexico defenders clinging to them at all times.On the other side, highly-rated Jairo Torres found space between Timothy Emoya and Phil Foden to maze his way into the box before his pass ricocheted off Roberto De La Rosa and went out for a goal kick.Just when Mexico thought they had managed to keep their rivals at bay, England scored from a set piece.After Foden was fouled near the box, Brewster curled a delectable free kick that flew over the wall and dipped into the top right corner.At halftime, England led 1-0.Both teams made one change after halftime with Cesar Huerta replacing Daniel Lopez for Mexico and Manchester United’s Angel Gomes coming in place of Hudson-Odoi.Three minutes into the second half, England doubled their advantage with a slick goal.After Sancho got past two defenders to play a neat one-two with Gomes, Foden was on hand just in front of the ‘D’ to place a right-footer into the top right corner with goalkeeper Cesar Lopez standing no chance to save.Sancho extended the margin soon after by winning and converting a penalty with Mexico skipper Carlos Robles giving away a handball from the Borussia Dortmund whizkid’s cross.A comeback looked next to impossible but Lainez, dubbed as the Mexican Lionel Messi, had other intentions.His first goal came off a deflection from centre-back Joel Latibeaudiere after George Mceachran was dispossessed, while the second was a chipped left-footed finish which dipped into the bottom right corner.Mexico came close to drawing level on two occasions with Alexis Gutierrez and Torres spurning good opportunities.
Senegal striker Sadio Mane had his house burgled while he was playing for Liverpool in a Champions League last-16 first-leg match against Bayern Munich at Anfield on Tuesday, British media reported.The BBC reported that watches, mobile phones and car keys were stolen.Detective Inspector Phil Mahon, of Merseyside Police, said: “We are appealing for anyone with information in relation to this burglary to please come forward and assist our inquiries.”While the occupants were not present at the time of the incident this will no doubt be a distressing experience for them and I would ask the offenders to do the right thing and return the stolen items to the owner in any way possible.”We know the watches in particular are of significant monetary value and I would also like to appeal to anyone who might have been offered the items for sale since the burglary to contact police.”It was not the first time Mane’s house had been targeted since he moved to Liverpool, with the 26-year-old also burgled during a home Champions League game against Slovenian side Maribor in November, 2017.Bayern Munich showed all their Champions League experience and quality organisation as they held Liverpool to a 0-0 draw on Tuesday.But the result leaves it all to play for in the second leg in Munich on March 13 when the German side will be without defender Joshua Kimmich who will be suspended after picking up a yellow card.Perhaps it was a case of both sides showing too much respect for the other — certainly both were wary of over-committing in attack — but for fans used to entertainment and drama on European nights at Anfield it was a let down.advertisementThere were few clear-cut chances in the game although Liverpool created several half-openings in the first period.”It is not the result or the game we dreamed of. I can’t remember any chances for either side in the second half. It wasn’t a Champions League night from that point of view. From a result point of view, it’s OK,” said Liverpool manager Juergen Klopp.Also Watch:
ATK had to fight hard for a 2-1 win over Delhi Dynamos FC in the concluding league stage clash of the Indian Super League at the Vivekananda Yuba Bharati Krirangan in Kolkata on Sunday. After a goalless first-half, Edu Garcia headed ATK into the lead (63′). Nandhakumar Sekar (72′) then pulled Delhi Dynamos level but a late winner from Ankit Mukherjee (88′) clinched all three points for the home side.The result saw ATK finish the season at the sixth place with 24 points from 18 matches while Delhi end up eighth with 18 points.It was the home team who made the better start to the game with John Johnson going close early from a set-piece. Komal Thatal and Edu Garcia were constant threats to the Delhi defence..@Edu_Garcia90 was at his brilliant best in Kolkata and directly contributed to both of @ATKFC’s goals tonight. He’s the Hero of the Match. #HeroISL #LetsFootball #FanBannaPadega #KOLDEL pic.twitter.com/D6QirjhcssIndian Super League (@IndSuperLeague) March 3, 2019Delhi, however, slowly grew into the game. Romeo Fernandes made some good build-up play in the 13th minute and Mexican playmaker Ulises Davila then saw a shot go just wide after a mistake from Ricky Lallawmawma.The second half started on a positive note with Lallianzuala Chhangte making a brilliant run down the left and forcing ATK goalkeeper Arindam Bhattacharya into a save.Even though Thatal, Garcia and Kalu Uche were all guilty of spurning chance, their efforts were finally rewarded in the 63rd minute when ex-Dynamos right-back Pritam Kotal whipped a dangerous cross into the box. Garcia, who had snuck in between the central defenders, gleefully headed home to notch up his third goal of the season.advertisementDelhi then hit back after poor defending from ATK in the 72nd minute. Chhangte was released down the left wing and the winger’s low ball across the box was not dealt with by the ATK defence. It fell to Nandhakumar who slammed it home.Delhi then went close to taking the lead but Rene Mihelic just could not apply the finishing touch to a cross from the left wing.ATK may Delhi pay for that as Garcia picked out second-half substitute Ankit Mukherjee with a lovely high ball behind the Delhi defence and all Mukherjee had to do was side-foot a first-time finish past an advancing Francisco Dorronsorro.Also Read | Premier League-ISL bring football development week to MumbaiAlso Read | Big question mark over ISL’s future if I-League clubs are ignored: Bhaichung Bhutia
zoom Dutch multinational banking and financial services corporation ING Group, which is also one of the key global shipping financiers, has signed a USD 1 billion MoU with The Export-Import Bank of China.As agreed in the MoU, ING and Eximbank expressed interests in cooperating on future Chinese ship financing transactions, including Chinese built vessels and offshore transactions.The deal was signed within the framework of one of the largest Dutch trade mission to China which is part of the state visit by King Willem-Alexander and Queen Máxima to the People’s Republic of China at the invitation of President Xi Jinping.Almost 150 Dutch companies went to China to either start new relationships and explore opportunities or to expand their current business in what has become the second largest economy in the world. Wilfred Nagel, Chief Risk of ING Group, who during his career headed ING’s commercial bank in the Asian region for several years, joined the mission and visited clients of ING’s branch in Beijing.Commenting on the recent developments in China, Nagel said that he doesn’t expect a ´hard landing´ for the Chinese economy. “Yes, there is a slowdown, but we have to realize that China is in transition, and it is only natural that this creates some volatility, noise and unrest. We were part of the enormous growth and now we have to realize we are also part of the transition and everything that comes with it,” he adds. “China is one of the leading nations in the shipbuilding industry and many of our clients own Chinese built ships. Both the Eximbank of China and ING Bank have a long history in financing such vessels and by teaming up we will be in a stronger position to serve our clients,“ said Stephen Fewster, Global Head of Shipping Finance ING Bank, commenting on the deal.
CaucasianBlack HairBrown eyes5’5″/ 130 lbsWearing, pink hoodie, brown pants, black shoesThere is a concern for his well-being.The RCMP would like to locate and speak with him as soon as possible.If you have any information on McKay’s whereabouts, you are asked to contact Grande Prairie RCMP at 780-830-5701 or CrimeStoppers at 1-800-222-TIPS. GRANDE PRAIRIE, A.B. – Grande Prairie RCMP are asking for the public’s assistance in locating 14-year-old Tyson McKay.According to RCMP, McKay was last seen in the Grande Prairie area on Wednesday, May 8.McKay is described as:
Taroudant, Morocco- Egypt’s top religious body demanded yesterday that a new X Factor-style competition for belly dancers Show be suspended for “corrupting morals” and serving “extremists” who could use it as a pretext to attack Egypt, according to AhramOnline.Aired on the Al-Kahera Wal Nas TV channel, “AlRakisa” (the Belly Dancer), Egypt’s first belly dancing reality show has been suspended after the first episode was aired Monday.The Supreme Council for Islamic Affairs in a joint statement signed by several Islamic figures, including three Al-Azhar professors, slammed the show. Dar Al-Ifta, a religious state-owned authority that makes fatwas (religious edicts) in Egypt, said that the show “could be understood as part of a campaign that seeks to destroy the moral structure of the religious people of Egypt and it serves extremists who take such matters as justification to promote the idea that society is fighting religion.”The makers of the show say it aims to discover talented belly dancers and make competition between Egyptian and international belly-dancers.The famous Egyptian belly dancer and actress known as Dina was among the three-member panel tasked with the mission of judging the performance of the dancers.In an announcement on Tuesday, the TV said it postponed the show’s second episode over the death of 11 soldiers in the northern Sinai Peninsula, without any reference to the ban.
“I believe that we will be able to have a constructive dialogue, especially since the delegation of Iran here in New York indicated Iran’s willingness to cooperate with my mandate by providing me with the information that would be relevant to the reports that I subsequently produce,” Ahmed Shaheed, the Special Rapporteur on the situation of human rights in Iran, told reporters at UN Headquarters a day after he presented his first report to the General Assembly’s third committee, which deals with social, humanitarian and cultural affairs.He said he hoped that Iran’s cooperation with his mandate will include a full-access visit to the country to enable him to travel to places of interest and meet with people he decides to speak with to gather information.Mr. Shaheed emphasized, however, that he will not be deterred in the event that Iranian authorities do not engage with him.“I will continue in a very transparent manner to speak to reputable NGOs [non-governmental organizations], speak to a wide range of Iranian nationals, as I have already done, and continue to gather information about the human rights situation in Iran,” he said.“My conviction is that Iran cares [and] needs to be seen in a better light,” said Mr. Shaheed, adding that he believed that the most effective way to influence Iran to improve its human rights record is to engage with the authorities there.In his report to the General Assembly third committee, Mr. Shaheed voiced concern over reported violations in Iran’s judicial system, citing practices such as torture, cruel or degrading treatment of detainees, and the imposition of the death penalty without proper safeguards.He also identified denial of access to legal counsel and medical treatment, and widespread use of secret and public executions, as other issues of concern. He cited reports of capital punishment in juvenile cases, and the use of the death penalty for cases that do not meet the level of serious crimes by international standards, he said.He said Iran’s record seems to have gained particular attention because of the country’s “lack substantive cooperation with the UN human rights system and because of the existence of frequent reports of suppression of those self-correcting mechanisms that deprive Iranians from freely seeking redress or reform within the parameters of their human rights.”The “self-correction mechanisms” that are suppressed include free and fair elections, denial of freedom of expression and assembly, allegations of depravation of the right to education, harassment and intimidation of religious and ethnic minorities, human rights defenders and civil society and religious actors. 20 October 2011An independent United Nations human rights expert on Iran today stressed the need for constructive dialogue with the country’s authorities, adding that he was encouraged by Tehran’s stated willingness to cooperate with him as he carries out his mandate.
TORONTO — North American stocks hit session lows in early afternoon trading on Thursday, with the S&P 500 on track to post its worst day in six weeks, as tension over Ukraine’s Crimean peninsula mounted.The Dow Jones industrial average fell 177.34 points or 1.09%, to 16,162.74, the S&P 500 lost 17.54 points or 0.94%, to 1,850.66 and the Nasdaq Composite dropped 57.698 points or 1.33%, to 4,265.634.Ukraine’s acting president said Russian forces were concentrated on the border “ready to invade” his country but he believed international efforts could end Moscow’s aggression and avert the risk of war.The Toronto stock market was also lower, declining 68 points to 14,250.Worries about the pace of Chinese growth also weighed on stocks. Industrial production in the country rose by a lower than anticipated 8.6% in the first two months of this year.Also, China’s premier Li Keqiang said that his country will keep this year’s economic expansion strong enough to create new jobs but will emphasize market-opening reform and the environment over hitting its official growth target of 7.5%.“So, the Wild East is over now, and they’re moving to a more managed scenario, they’re going to tighten the screws,” said Wes Mills, chief investment officer Scotia Private Client Group.“And sure, it’s a slower growth, more micromanaged kind of environment and in the long run, it’s good, in the short run, it’s got the commodity guys nervous.”Copper added to its recent losses on the dimmer outlook for China, which accounts for 40 percent of global refined copper demand. The metal hit a four-year low at $6,376.25 per tonne on Wednesday.© Thomson Reuters 2014
Canadian home furnishings retailers fighting for millennial shoppers by Ross Marowits, The Canadian Press Posted Jun 3, 2015 2:00 am MDT Last Updated Jun 3, 2015 at 12:00 pm MDT AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to RedditRedditShare to 電子郵件Email MONTREAL – Canadian home furnishing and decor retailers facing tough economic challenges are beefing up their e-commerce offerings to appeal to tech-savvy shoppers like millennial Tania Caldareri.In her early 30s, Caldareri is like many her age — she shops online, or browses sites before choosing which stores to visit and where to spend her money. And in a cautionary note to retailers, she won’t waste her time with retailers that don’t have a robust Internet offering.“For sure online is definitely important … it’s a key focus,” she said while browsing Bouclair Home, the Montreal-based chain that’s one of her go-to sites.Like the women’s fashion sector, Canadian home furnishing companies are facing intensified competition from large foreign brands, including Pottery Barn, Pier 1 Imports, Bed, Bath and Beyond, TJX-owned HomeSense, Costco and Walmart.Each is trying with varying success to adapt by having a strong network of stores while building web sales. Few are willing to discuss their strategies publicly, including Bouclair.While TJX said it sees e-commerce working for all its brands over the long-term, said a spokeswoman for the company that’s been in Canada for 25 years, the U.S. chain currently doesn’t offer online shopping in Canada.Retail analyst Jean Rickli of the J.C. Williams Group said many Canadian companies are struggling to adapt to shoppers who demand an online presence.“It’s a little bit of a disarray at this point because everybody is adjusting,” he said.In the U.S., kitchen retailer Williams-Sonoma, which started as a catalogue company and now owns Pottery Barn, has been the most successful, drawing more than half of its overall sales online.North of the border, retailers have taken notice, and are trying to boost online sales by offering free shipping to either the nearest store or directly to a shopper’s home. Canadian Tire is working on getting a revamped e-commerce platform back online after scrapping its old one in 2009.Swedish giant IKEA is testing a new pick-up concept where online purchases can be picked up from small showrooms or collection locations in cities far from the nearest store. Canada is one of five test countries. Pick-up centres that will also sell less than 100 products will open by year-end in Quebec City and London, Ont.The company also offers home delivery of some items in major markets, including Toronto, and will line up someone to assemble their products for various fees.President Stefan Sjostrand said the company wants to make IKEA more accessible to Canadians without building more stores. He adds the goal is to have 10 per cent of sales coming from online, up from six per cent currently.“We believe that the store will always be our main sales channel … but it is to give the customer the alternative, to let the customer make the choice,” he said in a recent interview at a Montreal store that is the company’s largest in North America.Sjostrand added IKEA’s core customer demographic is the same, whether it’s the 25 million people who visit stores annually or the 75 million who are expected to look or shop online this year. They are female “CEOs of the home,” aged 25-40, he said.Although many retailers compete in specific categories, Sjostrand said IKEA Canada, which generated $1.6 billion in sales last year, has no real overall competitor.While the Canadian retail sector is “suffering a really tough situation,” he said IKEA’s sales are on track to grow 8.5 per cent this year after expanding by 5.3 per cent in 2014.Moody’s, meantime, expects overall Canadian retail sales will grow between 3.0 and 3.5 per cent this year, down from 3.6 per cent in 2014. But it also estimates that e-commerce sales will account for 5.9 per cent of overall retail sales, up 16.8 per cent from 2014.Retail analyst Brynn Winegard said large, one-stop shopping retailers like IKEA are doing well with millennials born between 1980 and 1999 who are beginning to be a driving force for sales as they set down roots and buy homes.Unlike older generations, these shoppers tend to be more urban, are less likely to drive and don’t like to hop among suburban big box stores, she said.Montreal-based Dorel Industries (TSX:DII.B), the manufacturer of ready-to-assemble furniture and other goods, says it has those online shoppers top of mind when it creates home furnishing designs that can be shipped via courier.“If it can’t be shipped by UPS, then we can’t sell it online,” said CEO Martin Schwartz, noting that Amazon and Walmart won’t buy such goods either.Dorel’s latest creation is a sofa selling for up to US$500 that is delivered in a box and assembled at home.Follow @RossMarowits on Twitter.Note to readers: This is a corrected story. A previous version said TJ Maxx owned HomeSense.
The first season of college football’s playoff era will come to a close Monday night, as the Oregon Ducks face the Ohio State Buckeyes for the national championship.The Ducks come into the contest favored by most sources, including the consensus of sportsbooks in Las Vegas and ESPN’s Football Power Index (FPI). But there’s disagreement on the degree of Oregon’s edge. The FPI, which includes results from every game of the 2014 season (plus a preseason rating as a prior), thinks Oregon would beat Ohio State by about five points at AT&T Stadium or another neutral field. Vegas, however, spent most of the past week favoring the Ducks by more — as many as 6.5 to seven points, according to the bookmakers listed at VegasInsider.com.This was looking like a sure sign of the markets’ skepticism over the ability of Buckeyes quarterback Cardale Jones. Jones began the 2014 season third on Ohio State’s QB depth chart, behind Heisman candidate Braxton Miller and touted redshirt freshman backup J.T. Barrett. Then Miller was injured and lost for the season in an August practice, upon which Barrett took the reins and led the Buckeyes to a 11-1 record (on the strength of one of the nation’s best passing performances) before going down with a season-ending injury in late November.Now Jones is at the helm.Jones, a sophomore, was only regarded as the 41st-best QB prospect in his freshman class, according to Phil Steele’s recruiting aggregations, and had thrown just 19 career passes before starting in the Big Ten title game against Wisconsin. But Jones and the Buckeyes were spectacular in that game, winning 59-0, and then upset favored Alabama in the College Football Playoff semifinals. (Jones’s numbers were less impressive against Alabama than against Wisconsin — but then again, Alabama also has a slightly tougher pass defense.)It effectively created an interesting Bayesian problem: How do we balance a sample of two great games against the prior assumption that Jones is a lightly regarded third-stringer? The initial discrepancy between Vegas’s Oregon-Ohio State point spread and that generated by season-long power ratings seemed to indicate how much of a downgrade Jones was relative to Barrett: roughly 1.5 to two points by the market consensus. As a point of comparison, this is a smaller margin than the typical gap between a starter and a backup QB in the NFL.Complicating matters now, though, was the news early Saturday that Oregon wide receiver Darren Carrington, the team’s second-leading receiver, failed a drug test and was declared ineligible for the title game. That shrunk Vegas’s consensus edge for Oregon down to about 5.5 points by Saturday morning — nearly the same as the FPI predicts using both teams’ full-season numbers. (The game’s line has since returned to a consensus of 6.5 points favoring Oregon, as of Monday morning.)Even so, it will be worth keeping an eye on which effect is bigger, and whether the market’s implicitly Bayesian assessment of Jones turns out to be on the money or not. It’s no stretch to say the accuracy of that appraisal could determine Ohio State’s fate Monday night.
W.S. Tyler has added a new Efficiency Report to the long list of Pro-Deck benefits for customers. The five-step Pro-Deck approach offers a thorough vibration analysis and inspection of every machine, as well as screen media optimisation to make sure operations are producing at their peak. A W.S. Tyler specialist examines the forces, friction and stress points of all vibrating screens, as well as the environment in which the machines operate. The Pro-DeckTM system involves the use of different screen media on the same deck, depending on the specific application. The goal is to increase productivity and decrease change-outs and downtime.During the Pro-Deck approach, Tyler consults with customers and provides feedback on their machines in person. The company also provides a results summary in a Pro-Deck Efficiency Report binder. This report covers each machine on site and gives detailed recommendations that ensure optimal performance.Pro-Deck can be applied to any vibrating screen in any application. Tyler says “producers who have implemented Pro-Deck at their sites have seen dramatic results. For example, some have gained two weeks of production time, lengthened wear life eightfold or gone as long as 14 months without a change out.”
Facebook Twitter: @NeosKosmos Instagram Latest figures from the Australian Bureau of Statistics found about 12 per cent of borrowers for new home loans in 2012 chose fixed loans – the highest portion since 2008.When the global financial crisis hit in 2007, ABS figures showed more than 20 per cent of borrowers opted for fixed loans.Three-year fixed rates are now at the lowest levels in 20 years. For many lenders fixed rates have fallen below the standard variable rate.HSBC chief economist Paul Bloxham said the fixed rates had reached the bottom. “Our view is the RBA might be quite close to the end of their easing phase, so fixed rates might also be close to their trough.”Source: The Daily Telegraph
From 1 July, your compulsory superannuation contributions will start to increase. The increase will be gradual, moving from 9 per cent in 2013 to 12 per cent in 2019. The rise is going to boost Australians’ super accounts over the long term. An increase of 9 per cent to 12 per cent is 33 per cent more into your retirement savings, which is significant. So this is a time to get serious and ask, am I doing all I can to grow my nest egg for retirement? The key to this is the compound interest effect. The joy of having your money locked away for several decades and earning interest is that it gets a chance to compound (earning interest on the interest), and along with regular contributions – not to mention a concessional tax rate – your savings are accelerated. The compound effect works best when every cent is being worked on so you must concentrate as strongly on costs as you do on revenues. But if you have a look at your annual super statement you’ll see a list of figures with a minus sign in front of them. These are the withdrawals from your balance, for fees. The largest fee is the management fee, the percentage of your balance that is taken to administer the funds. Take two 30-year-olds, each earning $60,000, with $30,000 in super. One of them is paying 0.9 per cent in management fees and the other, 1.5 per cent. By the time they retire, the person paying 0.9 per cent has paid $77,892 in fees and the other, $118,649. Management fees are easy to compare online and switching to a more reasonable fund can save you thousands, over $40,000 in the case above. Other fees also differ across the industry, as do life insurance premiums. Importantly, when you find cost savings in super, you boost savings without taking market risk. Returns are also important. I’m not a fan of reviewing super performance every year, because when people change investment options in line with the hottest performers, they always miss the growth period by several months and then they are charged for changing. It’s better to set up an investment framework based on your risk profile, which relates to what you want to earn in returns. In terms of fund selection I suggest you look at a fund’s ten year performance. This is not a guarantee of future performance but it does show you how a manager performs with a long-term savings vehicle like super. This is especially the case with volatile assets such as shares and property – you should be looking at what a manager can achieve over a decade, because this gives you the time in the market to weather the troughs and still take the gains. Remember: small differences are important in superannuation and if you can lift long term returns by 1 per cent, and reduce costs by 1 per cent, you are boosting your super without taking much risk. Finally, superannuation is not a tax. This is your money, so become engaged, stay informed and retire the right way. * Mark Bouris is the Executive Chairman of Yellow Brick Road, a financial services company offering home loans, financial planning, accounting & tax and insurance. Email Markonmark.firstname.lastname@example.org with any queries you may have or check www.ybr.com.au for your nearest branch. Facebook Twitter: @NeosKosmos Instagram
La Mer Morte, “un fantastique lieu pour la vie” ?Des plongeurs et chercheurs allemands et israéliens ont dévoilé vendredi 23 septembre, sur le site de l’Institut Max Planck, leur découverte, au fond de la Mer morte : des cratères d’où jaillissent des sources d’eau douce, porteuses d’une abondante vie microbienne. “Lorsque vous mettez votre tête là-dedans, vous ne pouvez pas voir autre chose, vous devez avoir la foi et la volonté pour explorer…”, déclare Danny Ionescu, spécialiste en microbiologie marine à l’Institut Max Planck (Allemagne). Avec ses collègues, il a plongé en 2010 dans les eaux de la Mer Morte, à la frontière entre la Jordanie et Israël, jusqu’alors réputée stérile à cause de son taux de salinité très fort.À lire aussiErysipèle : contagion, traitement, de quoi s’agit-il ?Aujourd’hui, les chercheurs relatent leur découverte : une trentaine de cratères ‘sous-marins’, de 10 à 13 mètres de diamètre, situés sur le plancher de la Mer Morte, à 30 mètres de profondeur. Et jaillissant de ces cratères, des panaches très puissants d’eau douce, contenant la même diversité de vie microscopique que des roches situées en milieu océanique normal.Ce qui a intrigué les membres de l’expédition, c’est que les bactéries sont capables de se développer en dépit d’énormes variations dans les teneurs en sel, induites par les déplacements d’eau près du fond. “C’est un fantastique lieu pour la vie”, conclut Danny Ionescu.Le 1 octobre 2011 à 13:59 • Maxime Lambert
PORTLAND — A small earthquake has been reported east of Salem, Oregon.The U.S. Geological Survey website says the earthquake happened at 3 a.m., about nine miles from Sublimity — a small town west of Silver Falls State Park.There have been no reports of damage, but Brenda Fuquay Chappell tells the Statesman Journal that windows and dishes rattled at her home in Lyons.The magnitude 2.5 quake occurred about 11 miles beneath the surface.
Former Arsenal’s midfielder Jack Wilshere left Arsenal to Chelsea a few days ago and his former boss Unai Emery has revealed why Wilshere ended his 17-year stay at Arsenal.After Wilshere moved to West Ham, he revealed his thoughts in an emotional message to fans on social media while admitting that Emery had made it clear he won’t have him in his plans for next season.However, Emery on his own revealed how the England international star departed, describing it as a ‘tactical and technical decision’.“The conversation with Wilshere was a very good conversation,” said Emery via Football London.“I explained to him my opinion and how I want to create the team and that I’m not sure he would play in the 11 players.Merson believes Arsenal should sign Sancho Manuel R. Medina – September 14, 2019 Borussia Dortmund winger Jadon Sancho might be the perfect player to play for the Gunners, according to former England international Paul Merson.“And also he explained to me that the decision was not easy for him but he wanted to choose the best option for him.“I know this player is important for the supporters and he grew up here in Arsenal, but I don’t give him one spot in the eleven who start.“So for that, he chooses to leave and I respect this.”When asked if Wilshere’s past injury record had played a part in his thinking, Emery added simply: “It was a tactical, technical decision.”
Recommended for you TCI Country Leaders condemn vicious memes Related Items:chicken pox, Hon Sharlene Robinson, Ministry of Health and Human Services, Pdm TCI Premier blasts Opposition side for “slop” information, sets it straight in HOA Only Doug and Ralph and Ruth can fit, that’s why Facebook Twitter Google+LinkedInPinterestWhatsAppProvidenciales, 09 Mar 2016 – Chicken Pox is plaguing schools across the country and the PDM Leader says the Ministry of Health should have already been vocal on the outbreak. Magnetic Media has received several alarming messages about so many schools being plagued by the itchy and highly contagious rash. And while the outbreak was addressed briefly by the Premier in a recent House of Assembly meeting, there has been no official notice issued. Hon Sharlene Robinson today said: “There is an obvious increase in cases of Chicken Pox in the Islands and the Government has said nothing to unsuspecting parents, children and citizens generally… I believe that something must be said or done.” Parents and teachers she said have been caught off guard; and despite the rash outbreak amongst children, parents are still bringing or sending their children to school. There remains no official word about the cases from the Ministry of Health and Human Services. Facebook Twitter Google+LinkedInPinterestWhatsApp
Facebook Twitter Google+LinkedInPinterestWhatsApp Facebook Twitter Google+LinkedInPinterestWhatsAppThe PDM is calling for the electorate to be sharp, and to not be duped by the catchy phrases of the PNP Administration; PDM House Members pulled no punches on Monday when they labeled as bogus some of the milestones recently touted by the Rufus Ewing led government. A former Health Minister and Opposition appointed member, Clarence Selver said when it comes to the InterHealth Canada deal, the Premier cannot be trusted. “And if you look at that you will see where the Premier declares that he has an interest with InterhealthCanada; he has an interest so when the InterhealthCanada contract is up for review he conveniently takes over that from his former minister for Health; Porsha (Smith, Minister) so that he can keep an eye on things.” It is true, the Premier has declared that he is compensated by the Hospitals and recent testimony given in the SIPT trials also exposed that Dr. Rufus Ewing was a part of the negotiations of the TCI Hospitals at their inception. Selver said the deal is just too expensive. “The bulk of government expenditure, over 20 odd percent; so every dollar government raises, 20 cents out of that dollar gatta go towards maintaining the hospitals cost. That being the case there were two audits supposed to have been done; a clinical audit which looks at the quality of healthcare that the hospital provided and whether it was up to par and other things, as well as the financial audit, how much money they received, what they spent money on and whether we are getting value for money.” Related Items: