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Sinclair mandate an affront to democracy

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first_imgI’m writing to express how disturbed I am that WRGB joined nearly 200 Sinclair-owned stations in reading a must-run promotion attacking “biased and fake news” on other networks. Sinclair has used required programming to push conservative-leaning stances into its local broadcasts. The must-runs look like they are part of the news.Free speech is protected in the Constitution of our country for a reason. Starting on the campaign trail, President Trump has attacked the free-and-independent press, one of the key pillars of democracy that is required for a free society. This mandatory promotion mirrors propaganda efforts used by authoritarian regimes to control the media in their countries. Categories: Letters to the Editor, Opinion This is of extreme concern, especially in light of the proposed Sinclair acquisition of Tribune Media Co. Sinclair is already the largest owner of local television stations in the country. The nearly $4 billion deal will increase its reach into 72 percent of American homes. Local news outpaces national news outlets, both in overall viewership and trust. (Pew Research Center reports that 85 percent of Americans trust local news outlets.)WRGB should have joined WMSN/FOX47 in Madison, Wis., in refusing to air the promotion.Kentucky congressional candidate Amy McGrath stated she will pull her campaign ads from local Sinclair-owned networks. Others need to join her.Emily StewartDelmarThe writer is a member of Bethlehem Morning Voice Huddle.More from The Daily Gazette:EDITORIAL: Thruway tax unfair to working motoristsFoss: Should main downtown branch of the Schenectady County Public Library reopen?Albany County warns of COVID increaseEDITORIAL: Find a way to get family members into nursing homesEDITORIAL: Urgent: Today is the last day to complete the censuslast_img read more

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Dutch pensions industry challenges EIOPA approach to stress tests

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first_imgThe Dutch pensions industry has criticised recent European stress tests, arguing that the approach taken by the European Insurance and Occupational Pensions Authority (EIOPA) will fail to provide any useful insights.APG, the largest pension fund in the Netherlands, recommended using asset liability management (ALM) studies in place of economic scenarios to assess the viability of the pensions sector, an idea backed by pension managers PGGM, MN, Syntrus Achmea and the Dutch Pensions Federation.In a joint article for the current issue of IPE magazine, Peter Vlaar, APG’s head of ALM modelling; Wilfried Mulder, senior policy adviser at APG; Siert Vos, MN’s senior policy adviser; Agnes Joseph of Syntrus Achemea; Niels Kortleve, PGGM’s innovation manager; and Sibylle Reichert of the Pensions Federation, said EIOPA should not treat pension funds like banks or insurance companies.The authors – pointing out that pension funds cannot default and are unleveraged and unburdened by mass withdrawals – denied that the sector posed a contagion risk to other institutions. “On the contrary,” they said, “Dutch IORPs absorb financial shocks without amplifying or transmitting these to other institutions, and thus they have a stabilising effect in financial markets, especially in times of financial market distress.”They added that any distress caused by a financial downturn where risks are associated with a pension fund, such as benefit certainty, is not instantaneous but rather evolves slowly.“This is due to the long-term nature of the liabilities of Dutch IORPs and, in the case of defined benefit (DB) schemes, also due to the associated recovery plans,” they said. “In this case, the financial distress of a typical Dutch IORP is not transmitted to the financial system and therefore does not lead to instability of financial markets.”Instead of EIOPA’s assessing European pension funds based on the two adverse market scenarios – proposing a crash in share prices or a rate increase – or an increase in life expectancy, the authors instead proposed ALM studies as a means of providing insight into the impact of stress scenarios on beneficiaries.They argued that the ALM study included a number of calculations, such as future potential benefit levels, that were absent in EIOPA’s calculation.“Moreover,” they added, “contrary to the DB stress test approach, it provides metrics – such as expected impact and impact in a ‘bad weather’ scenario over multiple time horizons – that provide insights into the consequences of a shock.”The results from the stress tests, conducted between May and August last year, are expected to be published by the second quarter of 2016.last_img read more

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Infrastructure the key to city’s future

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first_imgONE of the country’s leading property analysts says it’s indisputable that infrastructure spending will lead to Townsville’s property market recovering.Hotspotting founder Terry Ryder is tipping Townsville will be the next Sunshine Coast as billions in projects leads to population growth and an increase in demand for housing.He will be in Townsville on November 9 to speak at the Urban Development Institute of Australia’s Heads Up: Hot Property Townsville.Mr Ryder said he was positive about Townsville’s future despite prices not yet stabilising.“The only other regional city in Australia with as much infrastructure and property development in the pipeline would be the Sunshine Coast,” he said.“You are going to see growth because you can’t possibly have that level of infrastructure investment without the property market responding.“When you look at the full list of projects they won’t all go ahead but if so much as even half of it happen it will be massive for Townsville.“If you look at the current numbers of Townsville’s property market they’re not particularly flattering figures and property prices have gone backwards but we’re always looking to the future and right now we think Townsville is a very good buy so that’s where the smart investors will be buying.”Mr Ryder said the Sunshine Coast was a prime example of the impact infrastructure investment can have on a regional city’s property market.The Sunshine Coats is being heralded as the hottest place to invest by real estate heavy weights such as John McGrath.The region is experiencing an infrastructure boom with billions of dollars being invested in upgrading and creating new facilities.Mr Ryder said the raft of projects would result in people being lured to Townsville for work and while some will only stay for a short time, others will make a permanent move due to the lifestyle and climate which would in turn increase demand for housing.“What we know to be true from our many years of research is that infrastructure spending is one of the most pivotal things in driving residential property markets,” he said.“It creates a lot of economic activity and out of that comes jobs.“When people are getting employment they then start to think about where they are going to live whether that be renting or buying.More from news01:21Buyer demand explodes in Townsville’s 2019 flood-affected suburbs12 Sep 202001:21‘Giant surge’ in new home sales lifts Townsville property market10 Sep 2020“It will invariably boost the property market.”Mr Ryder will be joined at Heads Up: Property Townsville by Propertyology founder Simon Pressley.UDIA CEO Kirsty Chessher-Brown-Brown said the industry event was a great opportunityto hear from a couple of property experts.“ Development is critical to the local economy delivering over $1.9 billion in gross regional product and creating over 15,000 direct and indirect jobs,” she said.“These jobs cost the industry $471million in wages and salaries that are taken home by localworkers.”The event will be held on November 9 from 3pm at the Townsville Brewing Co at 252 Flinders St.Tickets start at $65 got members.For more information visit www.udiaqld.com.au.last_img read more

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Beverly Rae Metcalf February 10, 1956 – May 6, 2020

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first_imgBeverly Rae Metcalf, age 64 of Hamilton, Ohio passed away Wednesday, May 6, 2020 in Blue Ash, Ohio. Born February 10, 1956 in Hamilton, Ohio the daughter of Dean and Janet (Loos) Stewart.Beverley is survived by her husband Robert Metcalf and daughter Candy (Jonathan) Blum-Jansen. Grandmother of Destiny Blum and Samantha (Allen) Gingrich. Great grandmother of Lily and Ariana Gingrich. Dear sister of Barbara Wagner, Paul Grubbs and Randy Grubbs.Private services will be held for immediate family with Pastor Shawn Crisman officiating all at Jackman Hensley Funeral Home 215 Broadway Street Harrison, Ohio 45030. Burial will be in Glen Haven Cemetery Harrison, Ohio.Memorials may be directed to Hospice of Cincinnati c/o the funeral home.last_img

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Dempsey swaps Spurs for Seattle

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first_imgSeattle Sounders have confirmed the signing of Clint Dempsey from Tottenham. Dempsey was paraded in front of the Sounders’ support before their home match against Dallas at CenturyLink Field. Roth continued: “We have been consistent in our message to the fans that we will spare no expense to win trophies.” Owner and general manager Adrian Hanauer added: “In doing something of this magnitude we had to make sure we had the right player. Clint Dempsey fits that mould. “He is a proven winner, a leader and a competitor who we believe will raise the bar for this organisation on and off the field.” Dempsey joined Tottenham from Premier League rivals Fulham on transfer deadline day last summer for around £6million, scoring 12 goals in 43 appearances for the north London club. The 30-year-old first made a name for himself playing for the New England Revolution before joining Fulham in 2007. Dempsey said: “I am very excited about coming back to the MLS and thrilled to be joining Sounders. “Having recently played in Seattle with the national team, I experienced the incredible atmosphere and the passion from the supporters first-hand. It’s going to be an honour to represent the fans in Seattle.” On Saturday the Barclays Premier League side revealed that the United States captain was returning to Major League Soccer after just one season at White Hart Lane. And the Sounders have confirmed the deal, with majority owner Joe Roth telling his club’s official website: “This is a historic day for Sounders FC and our fans. Clint is a world-class soccer player who can take this club to a higher level.” center_img Press Associationlast_img read more

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Mourinho demands more from Hazard

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first_img The self-proclaimed Special One has heaped praise on Hazard for his improved work ethic this season but was critical of the 23-year-old’s lax marking in the Champions League semi-final second-leg loss to Atletico Madrid. “Next season we want more from you,” said Mourinho, before adding “you win the kid (Hazard)” and handing over the trophy at the Stamford Bridge awards ceremony on Monday night. Atletico’s involvement in the Champions League final on May 24 means the deal may not be formerly concluded and announced until after the Lisbon showpiece for a player who was shackled by Chelsea’s defence in the two-legged semi-final, scoring only from the penalty spot. And, perhaps in some way to finance the deal, Brazil defender David Luiz is reportedly close to a switch to Barcelona after the Catalans appealed their transfer ban to allow them to sign players. Mourinho is determined Chelsea begin next season, his second on his return, with the Premier League title as the target. “It’s good to be back but it’s not good to finish third,” Mourinho added. “I’m happy with the evolution, but I’m not happy with third. Next season we want to do better than we did. “We have to do better, I have to do better, the players have to do better. “I have great belief in them and I think next season we can start day one and we can say without any kind of fears that we are there not to fight for the title, to win it.” Jose Mourinho demanded more from Eden Hazard in presenting the Belgium playmaker with Chelsea’s player of the year award. Press Association With tongue in cheek, Hazard, chosen ahead of Gary Cahill, Cesar Azpilicueta and John Terry for the award, had words of consolation for his overlooked team-mates. Hazard, who scored 17 goals this term, said: “Maybe next season, you have to work a bit more.” Mourinho’s rebuke of Hazard led to suggestions the forward may be allowed to depart this summer, with Paris St Germain among the interested parties – b ut Hazard insists he is at home in London. “It was a great season for me and I’m happy to play for Chelsea,” he added. ” I’m enjoying this city. I live in Cobham (near Chelsea’s Surrey training base). It’s easy.” Hazard was Chelsea’s sparkling performer this season, with much of the onus on him in attack as the Blues’ strikers lacked conviction in front of goal. Mourinho has vowed to spend the summer planning and improving his squad, which he insists does not require major surgery, although a prolific goalscorer is the number one target. The Blues boss has vowed to take time to consider changes to his squad and denied that his preference is for transfer dealings to be completed prior to the World Cup. Rumours persist of Chelsea landing Brazil-born Spain striker Diego Costa in a £32million deal – matching his release clause – from Atletico Madrid. last_img read more

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Balotelli could face investigation

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first_img Balotelli quickly deleted the post but it soon spread on the internet. Balotelli, who has been a frequent victim of racism himself, responded on his Twitter account by writing: “My Mom is jewish so all of u shut up please”. He also described reposting the image as “my Unlucky moment”. However, former FA executive and current chief executive of the Jewish Leadership Council Simon Johnson said Balotelli should face action. “We abhor all forms of racism, wherever it is found,” Johnson told the Daily Telegraph. “We call upon the FA to investigate this offensive social media post and to take action if appropriate if we are to succeed in kicking racism out of football.” Under the FA’s social media guidelines, the minimum ban for race-related breaches of rules is five games. The Liverpool striker reposted an image from the computer game ‘Super Mario’ on his Instagram page which included the comment “jumps like a black man and grabs coins like a Jew”. The image of Super Mario – with whom Balotelli shares a nickname – appeared with the heading “Don’t be a racist”. The text then read: “Be like Mario. He’s an Italian plumber, created by Japanese people, who speaks English and looks like a Mexican” before the final line which has caused the controversy. Press Associationcenter_img Mario Balotelli could be facing a Football Association investigation over posts on social media which provoked claims of racism and anti-semitism.last_img read more

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GSA baseball team tops Mattanawcook in semifinals

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first_imgBLUE HILL — The No. 1 George Stevens Academy baseball team shut out the only team it has lost to all season — No. 4 Mattanawcook — on Saturday to advance to the Class C Northern Maine championship.The 17-1 GSA Eagles beat the 12-6 Mattanawcook Lynx 3-0 in the semifinals. They will play No. 2 Houlton (18-0) in the regional championship at 6:30 p.m. on Tuesday at Mansfield Stadium in Bangor.Will Entwisle doubled and singled for the Eagles while Taylor Schildroth chipped in a single and an RBI.For Mattanawcook, Jordan Hanscom and Brady Pepin each had two singles.This is placeholder textThis is placeholder textThough the Bucksport Golden Bucks beat GSA in last year’s regional championship, they wouldn’t have the opportunity to defend their title.No. 6 Bucksport (8-11) lost to Houlton 5-4 in Saturday’s Class C North semifinal game in Houlton. Zack Hagan hit an RBI-single in the bottom of the eighth to lead Houlton to the walk-off victory.Bucksport jumped out to a 2-0 lead. But, in the fifth inning, Colby Callnan sparked a rally with a pinch-hit RBI-single. Billy Phillips earned the win in 1 2/3 innings of hitless relief for Houlton.For Bucksport, Andy Allan had two hits, and pitcher Matt Vincent struck out five while giving up four hits.Before ending their season, the Golden Bucks managed to knock off No. 3 Central 7-3 in Thursday’s Class C North quarterfinal.Tanner Stegner had three hits and scored three runs to pace Bucksport. Matt Vincent added two hits and scored twice. Jacob Gauvin pitched five solid innings on the mound, and Vincent came on and pitched the final two.Andrew Speed led Central (9-8) with two hits, including a double, an RBI and a run scored. Zach Randall pitched into the seventh for Central before miscues helped Bucksport extend its 4-2 lead.last_img read more

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I Have Been Vindicated by Supreme Court, Says Umeh

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first_imgThe Supreme Court in a judgment delivered by former Chief Justice of the Federation, Justice Walter Onnoghen on February 15, 2019 discharged and acquitted Chief Umeh on the allegations leveled against him by the Economic and Financial Crimes Commission (EFCC).Umeh’s travails began in May 2013 when he was picked from his Lagos home by operatives of EFCC, following a warrant issued by a Sokoto High Court.After several trips to Sokoto, detentions and trials, the case was heard at the Sokoto High Court where the accused was first discharged and acquitted.The EFCC and the Sokoto State Government appealed against the ruling and were also floored by Umeh at the Appeal Court.After the Supreme Court judgment, Umeh who is still basking in the euphoria of the victory said he was talking to his lawyers to look at the possibility of seeking redress for how he unjustly suffered monumental loss of funds, reputation and esteem in the eyes of the society.“I am happy with the judgment. I have been vindicated and to God alone be the glory. As we speak, I m consulting my lawyers and I may be seeking redress for all that I went through while the case lasted. I suffered a lot of emotional and financial loss. My reputation was called to question. These are issues that may not just be swept under the carpet now that my innocence has been proven by the Supreme Court,” Umeh concluded.Share this:FacebookRedditTwitterPrintPinterestEmailWhatsAppSkypeLinkedInTumblrPocketTelegram EFCC CASEFormer Acting President of Nigeria Football Federation (NFF), Chief Mike Umeh, has been discharged and acquitted by the Supreme Court in the case of money laundering.The former Chairman of Anambra FA was charged alongside former Sokoto State governor, Attahiru Bafarawa. Mike Umehlast_img read more

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Vardy may get longer ban for confronting ref

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first_imgMeanwhile, Tottenham know anything less than a win tonight away to Stoke and their Barclays Premier League title challenge is over.Tottenham are eight points behind Leicester but with a game in hand.Kick off is at 8. He received a second yellow card for diving during the 2-2 draw .Vardy won’t be available for Sunday’s game with Swansea – but could miss more matches for the leaders if he’s punished for confronting referee Jon Moss.Former Leicester defender Gerry Taggart says Vardy shouldn’t have received either booking.last_img

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