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10 months agoHuddersfield close to deal for Leyton Orient starlet Joshua Koroma

10 months agoHuddersfield close to deal for Leyton Orient starlet Joshua Koroma

first_imgTagsTransfersAbout the authorPaul VegasShare the loveHave your say Huddersfield close to deal for Leyton Orient starlet Joshua Koromaby Paul Vegas10 months agoSend to a friendShare the loveLeyton Orient starlet Joshua Koroma is attracting Premier League interest.The Mirror says Huddersfield Town are set to win the race for Leyton Orient whiz Koroma.The 20-year-old has come through the youth ranks at Brisbane Road, and is highly-regarded.He was being tracked by Aston Villa, Derby and Middlesbrough.But the Terriers are now in pole position to hand him a dream move to the Premier League. last_img read more

Video: New York Knicks Fans Wildly Boo Pick Of Kristaps Porzingis

Video: New York Knicks Fans Wildly Boo Pick Of Kristaps Porzingis

first_imgkristaps porzings during a game with the knicksPHOENIX, AZ – JANUARY 26: Kristaps Porzingis #6 of the New York Knicks during the NBA game against the Phoenix Suns at Talking Stick Resort Arena on January 26, 2018 in Phoenix, Arizona. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using this photograph, User is consenting to the terms and conditions of the Getty Images License Agreement. (Photo by Christian Petersen/Getty Images)New York Knicks fans are not happy. The franchise, unfortunately slotted with the fourth pick (despite having the second-worst record in the league) in this year’s NBA Draft, chose Latvian center Kristaps Porzingis over former college stars like Justise Winslow, Frank Kaminsky and Stanley Johnson. The decision, which certainly may not turn out to be the wrong one in the long run, was met with a chorus of boos at the Barclays Center in Brooklyn. One young fan was beside himself when he heard the news.Porzingis is just 19, so he may need a year or two to develop into a quality NBA player. It doesn’t look like Knicks fans are going to be patient heading into it all.last_img read more

YRB closing Buick Creek Road between 9 am and 3 pm for

YRB closing Buick Creek Road between 9 am and 3 pm for

first_imgMotorists are advised to plan an alternate route during the hours of the road closure.Anyone with concerns can call the Ministry of Transportation and Infrastructure at (250) 787-3237. FORT ST. JOHN, B.C. – Officials with Yellowhead Road and Bridge say that the Buick Creek Road will be closed for six hours today.YRB North Peace Project Manager Andrew Stewart said that the road will be closed between 9:00 a.m. and 3:00 p.m. on Thursday, September 13th.Stewart also said that there will also be intermittent closures at the Buick Creek multi-plate pipe, between the Beatton Airport Road/Mile 73 Road and the Prespatou Road.last_img read more

Transparency in payments price

Transparency in payments price

first_imgThe importance of the flow of capital into the power and housing sectors in India cannot be overemphasised. Recent developments in both sectors once again bring to the fore the critical issues of effective payment mechanisms and price transparency as vital factors in boosting the economy. Let us examine the issue in the two sectors separately. The Supreme Court striking down the Reserve Bank of India (RBI) circular giving stressed power companies more time to find resolutions outside the bankruptcy court has started debates around paths that are ideal for resolving woes of the power sector. Amid the din and noise, it is essential to not lose sight of the core issues at hand, i.e., the late and, in many cases, non-payment of dues by state-run power distribution companies (discoms) in India. Also Read – A special kind of bondWhile not all the stressed assets of thermal power sector are attributable to non-payment issues from discoms, delayed payments are significant contributors to the mess. Late payments lead to debt servicing issues and major negative-working capital problems. The most critical aspect of the problem is that not just thermal power sector assets but energy sector assets in general, including the high-growth renewable energy sector, will face identical or similar issues in the foreseeable future unless the delayed payments issue is gradually sorted out. Also Read – Insider threat managementFor instance, in the solar energy sector, which is known for its high capital intensity with the majority of the capital expenditure required upfront, the entire business model is highly dependent on the power purchase agreement (PPA) being honoured. Given the fixed-income nature of payments, it is only natural that debt is utilised to fund a significant component of the business. Delays in payments from discoms will lead to solar energy developers facing debt-servicing issues and therefore, eventually adding to the non-performing assets (NPAs). The issues around debt-servicing and NPAs has serious ramifications from a cost of capital perspective. An improved payment mechanism, timely payment of interest coupons and lower-risk have the cascading positive effect of the lower cost of capital for any given sector. Hence, as the cost of capital in general declines, energy projects with a lower return on asset become viable. Therefore, a lowering of the cost of capital in the energy sector provides a significant boost to asset creation. The reverse holds true: when risk perceptions amongst investors for a sector rise, they reduce the flow of capital to the sector and thus render projects unviable. Resolving issues around discom payments is critical for India’s push towards renewable energy. While solutions will require some hard decisions to be made, the government must push in the right direction. Most importantly, the new sunrise sectors such as renewable energy must learn lessons from the thermal power sector of avoiding payment delays, excessive leverage and unsustainable tariffs. Issues in the thermal power sector provide a template of the pitfalls to avoid in energy sectors across the spectrum. The second sector of our concern here that has seen interesting developments of late is housing finance. Given the recent liquidity crunch faced by the Non-Banking Financial Companies (NBFCs), the news that the Reserve Bank of India (RBI) has set up a panel to review the development of the housing finance securitisation market is a welcome step. The broader aim of the panel is to facilitate the flow of high-quality capital to the NBFC sector to boost credit creation in India. Of all the steps towards the standardisation of the housing finance securitisation market, one that deserves most attention is ensuring a mechanism that allows for mark-to-market valuation of the securitised loans. In the long-run for the housing finance securitisation market to indeed facilitate the flow of sizeable quantities of capital and yet avoid major mishaps during periods of credit busts, access to constant pricing information in the market is vital. Standardisation of the pricing of debt-securities can be more challenging than that for equity-based securities. The difficulty arises from the fact that debt-based instruments are issued for multiple tenures as opposed to equity that does not have a maturity date. Hence, standardisation is harder in the case of debt-instruments. Lessons from credit markets in the developed economies in creating credit-based indices that assist the market in pricing loans in the secondary market are crucial. Going forward we must not lose focus on the core issues of “ensuring payment mechanisms” and “price transparency” to boost investor sentiment regarding the crucial power and housing markets in India. (The author heads Development Tracks, an infrastructure advisory firm. The views are strictly personal)last_img read more

2014 Big Ten Media Days Urban Meyer has worries about College Football

2014 Big Ten Media Days Urban Meyer has worries about College Football

OSU football coach Urban Meyer answers questions from the media at the 2014 Big Ten Media Days July 29 in Chicago.Credit: Tim Moody / Lantern sports editorCHICAGO –– Ohio State football coach Urban Meyer expressed his concerns with the new College Football Playoff system during day two of the Big Ten Media Days in Chicago.Meyer said Tuesday that while he believes the new system will be “great,” he worries about “fan fatigue, student-athlete fatigue and student-athlete family fatigue.”“We were talking about that at dinner last night,” Meyer said. “If I am (OSU senior defensive lineman) Michael Bennett’s family, and we go on a nice run, you can plan on spending $20,000 going to the Big Ten Championship Game, going to the semi-final game and going to the championship game.”Meyer said he was worried about his players’ families’ ability to watch their sons play and said he believes something needs to be done.“I think the NCAA — that needs to be addressed,” Meyer said. “How is that family going to not go watch their kid play? If I was on that committee I would have addressed that first.”Meyer went as far to say that be believes the players should be involved.“I think the student-athlete should have a say-so in that,” Meyer said. “It is not just a commissioner’s role. I got a feeling their families will go for free to the national championship game but my starting centers can’t? That’s not right.”Bennett said he thinks the playoff will be fun, but had not yet thought about the cost of travel for families.“That is three big vacation trips in about a month,” Bennett said. “That would be something that families have got to save up for and a lot of families won’t be able to afford.”College Football Playoff Chief Operating Officer Michael Kelly said he was excited about the playoff process, and said that the semi-final and national championship festivities will be similar to those in years past.“We’re going to take the former template of the BCS National Championship game week and transfer that into the College Football Playoff semifinal week,” Kelly said. “And by that they’ll be in town for six nights, but the first half of the event and activities in the community will be front loaded. They’ll have a great time. They’ll enjoy that.”Meyer said he is not so sure.“The kids get to go but the parents have to pay,” Meyer said. “They (parents) drive in the day of the game and they watch the game, and they go home.”Meyer said he believes that a “very small percentage” of his players’ families would be able to afford to travel to the bowl games and “do it the right way.”Bennett said he believes some money could be given to players’ families so that they could attend their sons’ games.“I think that would be nice, and not too much to ask for,” Bennett said of possible funding for the families. “It is not like they need anything extravagant, but to be able to see their children play in big time games instead of having to pick and choose. You don’t want to watch the Big Ten Championship and not have money to watch the national championship.”Meyer said he is not sure if the issue has been addressed yet, but believes it needs to be.“Doesn’t it have to?” Meyer said. “It might have been already discussed. I am hoping it has been. I have not sat in those meetings.”Meyer’s Buckeyes are scheduled to begin the 2014 season at M&T Bank Stadium in Baltimore, Md., against Navy Aug. 30. Kickoff is set for noon. read more

Terry rejects Spartak Moscow move

Terry rejects Spartak Moscow move

first_imgFormer Chelsea captain John Terry has closed words going around about his move to Spartak Moscow.He has said that the deal has been called off. Terry had gone to Rome on Saturday and undergone medicals after initial agreement of terms with Spartak Moscow.But after returning to England for a while, he has decided he will no longer be making the move to join the Russian side.“After considerable thought, I have decided to decline a contract offer from Spartak Moscow. I would like to take the opportunity to thank Spartak and wish them and their supporters well for the rest of the season,” Terry said on an Instagram post.“They are an ambitious club and I have been very impressed with their professionalism and the time they have given me. But after assessing this move with my family, we’ve decided this is not the right next move at this time. Good luck Spartak.”Premier LeaguePremier League Betting: Match-day 5 Stuart Heath – September 14, 2019 Going into the Premier League’s match-day five with a gap already beginning to form at the top of the league. We will take a…last_img read more

Neville Mourinho looks tired and fed up

Neville Mourinho looks tired and fed up

first_imgSky Sports pundit Gary Neville thinks Jose Mourinho is clearly fed up and tired considering his recent short press conference that lasted three minutes.The Red Devils are on a four-game winless run and currently occupy 10th position in the Premier League table after last weekend’s 3-1 defeat to West Ham.However, the Portuguese manager admitted his team’s levels have not been good enough ahead of what he dubbed a tough clash against Newcastle United at Old Trafford.“I have to say he looked fed up,” Neville said on Friday Night Football, before explaining constant media focus can take its toll on managers. “Obviously it’s not been a pleasant few weeks.Jose Mourinho, Lionel MessiMourinho: “Lionel Messi made me a better coach” Andrew Smyth – September 14, 2019 Jose Mourinho believes the experience of going up against Barcelona superstar Lionel Messi at Real Madrid made him a greater coach.“But we’ve seen over the last five or six years being on television here, sometimes you see managers who have had that run of bad results and you can see they’re aware of fatigue, of coming into press conferences.“I experienced it at Valencia in that last couple of months. Jose Mourinho has had seven matches in the last 18 to 20 days, he does a press conference pre-match and a press conference post-match, so 14 times he’s got to sit in that room and answer those questions when his team aren’t playing well, when his team aren’t getting the results.“He just looks worn to me. Looking at that footage, he looks tired. It’s sad to see actually, it’s not great to see.”last_img read more