first_imgBy Barbara O’Neill, Ph.D., CFP®, Rutgers Cooperative Extension, oneill@aesop.rutgers.eduSimilar to medical standards of care (e.g., having a mammogram starting at age 40, a colonoscopy starting at age 50, and regular blood pressure and bone density tests), certain age-based milestones can tell people the key financial planning action steps that they need to take at different ages.The following financial activities often take place at various decades of a person’s life:20s and 30s– Early retirement savings, debt repayment (e.g., student loans), and household formation40s and 50s– Increased earnings, continued wealth accumulation, and launching of adult children60s– Peak earning years (if still employed), preparation for retirement, and retirement70s and Above– Life transitions (e.g., long-term care, widowhood, and death) and wealth distributionEspecially during later life, there are many age-related financial milestones. Examples include eligibility for catch-up contributions to tax-deferred retirement savings plans at age 50, eligibility for early (reduced) Social Security benefits at age 62, eligibility for Medicare at age 65, and required minimum distributions (RMDs) from tax-deferred retirement savings plans at age 70 ½. Like medical milestones, which are generally determined by research findings (e.g., clinical trial results), financial milestones are also grounded in facts, typically tax laws, legislation, and knowledge of the impact of compound interest.Although actual timing will vary from person to person (e.g., I completed a Ph.D. program in my 40s), below are some suggested financial milestones to achieve during each decade of adult life. Milestones achieved at an earlier age (e.g., a good credit score and an adequate emergency fund) should continue during subsequent years.Photospin/Ruslan KudrinAge 30Financial independence from parents (e.g., independent living arrangements and no “subsidies” to pay household expenses such as insurance premiums and cell phone bills)Student loan debt completely repaid or close to repayment (e.g., standard 10-year repayment plan)A year’s worth of salary (1x) saved for retirementA good credit history established with a credit score in the low- to mid-700s or higherRegular saving/investing and at least three to six months of income set aside for emergenciesEducational credentials earned or near completion (e.g., certifications and graduate/professional degrees)Have current estate planning documents and life insurance to protect dependents or co-signers, if applicablePhotospin/Ruslan KudrinAge 40Three times annual salary (3x) saved for retirement; saving at least 15% of gross incomeCollege savings established for children, if applicableIncreased investing expertise and diversification of investment portfolio assetsIncreased human capital (i.e., job skills and knowledge) to remain employable and earn promotions/raisesAge 50Photospin/MonkeyBusiness ImagesSix times annual salary (6x) saved for retirement; making catch-up retirement savings plan contributionsIncreased knowledge about the specifics of Social Security, Medicare, and employer retirement benefitsIncreased knowledge of aging parents’ finances and communication about caregiving-related issuesUse of financial advisers, as needed, as net worth increases and finances become more complexAge 60Eight times annual salary (8x) saved for retirementPhotospin/Scott Griessel/CreatistaPaid off mortgage, home equity loan, and credit card debt prior to retirementCatch-up retirement strategies used, if needed (e.g., downsizing, moving, working longer, and selling assets)Learning new skills and/or making other preparations to transition to a “second act” job or volunteer role To learn more about age-based financial planning milestones from age 0-10 through 90-100, read “Money Milestones for Each Decade” (Reuters).last_img read more

first_imgGoa Chief Minister Manohar Parrikar on Thursday said in the Assembly that the government would seek the intervention of External Affairs Minister Sushma Swaraj to secure the release of Ryan de Souza, who was sentenced to 517 years in jail by a Dubai court in April for his alleged involvement in a $200 million Ponzi scheme.“I can’t decide on the matter. It depends on exact facts of the case, though I have sympathy for him. The case has been decided by the Dubai court. I will meet the Minister for External Affairs when I visit Delhi, around August 7 or 8,” Mr. Parrikar said in response to a question raised by Thivim MLA Nilkanth Halarnkar.Mr. Parrikar said the country’s warm relations with Dubai should help in resolving the matter.A resident of Siolim village in North Goa, de Souza (27) was arrested while he was attempting to leave the Emirate. He was an employee of Lemos Foundation run by Sydney Lemos, the alleged mastermind of the scam who was also convicted by the Dubai court. In a sustained social media campaign, Goans have been pleading with Ms. Swaraj and Mr. Parrikar to intervene to get de Souza released.Opposition leader Chandrakant Kavlekar and Nationalist Congress Party MLA Churchill Alemao also joined the plea to the government.last_img read more

first_imgHe has had some of the most memorable on-field battles with Sachin Tendulkar but maverick speedster Shoaib Akhtar claims he was never scared to bowl at the legendary batsman.Instead, it was dashing Australian ‘keeper-batsman Adam Gilchrist and West Indian legend Brian Lara who “scared the hell” out of him during his 14-year international career.”Yes, that’s true. But that doesn’t mean I have no respect for Sachin. He is a legend and will always remain as one. But Sachin would never scare me. Guys like Gilchrist and Lara would scare the hell out of me,” Akhtar, who recently announced his retirement from international cricket after the World Cup told espnstar.com in an interview.Shoaib who played 46 Tests and 163 ODIs for Pakistan was in awe of Lara and Gilchrist.”Gilchrist would simply take me on. Lara was class apart.- With inputs from PTIlast_img read more

first_imgDA eyes importing ‘galunggong’ anew Ethel Booba twits Mocha over 2 toilets in one cubicle at SEA Games venue Only the Golden State Warriors managed to win there Saturday in a rough day for the higher seeds. Both No. 2s lost, and the Brooklyn Nets won the game and the crowd in Philadelphia, where home fans turned on the third-seeded 76ers during an ugly performance.The 76ers will try to straighten things out when they host Game 2 on Monday, and the Warriors will try for more smooth sailing against the Clippers at Oracle Arena in the only other game scheduled.FEATURED STORIESSPORTSPrivate companies step in to help SEA Games hostingSPORTSPalace wants Cayetano’s PHISGOC Foundation probed over corruption chargesSPORTSSingapore latest to raise issue on SEA Games food, logisticsThe Nets got the surprises started right from the very first game of the postseason when they beat the 76ers 111-102. Things couldn’t have gone much worse for the Sixers, who couldn’t quiet Brooklyn’s guards or their own fans. The booing started early and grew stronger as the game went on, with Philadelphia All-Star Ben Simmons critical of the fans after being held to nine points while counterpart D’Angelo Russell had 26.“We know that Game 2 will definitely be a lot harder for us,” Nets guard Caris LeVert said. “We’re ready for the challenge.” FIFA head wants refs to end soccer games if racism persists Fans cheer Golden State Warriors’ Stephen Curry, front, reacts after a basket against the Los Angeles Clippers in the second half in Game 1 of a first-round NBA basketball playoff series Saturday, April 13, 2019, in Oakland, Calif. (AP Photo/Ben Margot)Opening day of the NBA postseason was no time to be home.Not home for the summer. Home for a game.ADVERTISEMENT COUSINS’ NEXT CHANCE: DeMarcus Cousins fouled out of his playoff debut after a nine-year wait, so the big man will be looking to bounce back from a disappointing playoff opener in which he had nine points, nine rebounds and four assists. He returned Jan. 18 against the Clippers after a nearly yearlong absence recovering from a torn left Achilles tendon that required surgery while he was with New Orleans.“I don’t need to say anything to DeMarcus. It was a frustrating night for him, fouling out, a couple tough calls,” coach Steve Kerr said. “But it was important for him to get his feet wet and feel the playoffs, feel the energy, and I have no doubt he’ll come back and play a lot better in Game 2.”Sports Related Videospowered by AdSparcRead Next SEA Games hosting troubles anger Duterte Don’t miss out on the latest news and information. Hontiveros presses for security audit of national power grid Philippine Arena Interchange inaugurated LATEST STORIES Cayetano: Senate, Drilon to be blamed for SEA Games mess Toronto was edged by Orlando, and Denver went down to San Antonio. But the Warriors made sure their home-court advantage didn’t go to waste by beating the Clippers 121-104, getting their offense rolling early and keeping it going.“Every game is different too,” Stephen Curry said, “so who knows what will happen Game 2 and beyond.”___Nets at 76ers, Brooklyn leads 1-0. Game 2, 8 p.m. EDT, TNT.NEED TO KNOW: The Nets will be trying for their first 2-0 lead in a series since going up 2-0 against the New York Knicks en route to a first-round sweep in 2004.ADVERTISEMENT MOST READ NBA: Kawhi, George seek more for Clippers than beating Lakers PLAY LIST 01:48NBA: Kawhi, George seek more for Clippers than beating Lakers03:12Kevin Durant out with Achilles injury; to undergo MRI on Tuesday01:43Who are Filipinos rooting for in the NBA Finals?02:42PH underwater hockey team aims to make waves in SEA Games01:44Philippines marks anniversary of massacre with calls for justice01:19Fire erupts in Barangay Tatalon in Quezon City01:07Trump talks impeachment while meeting NCAA athletes02:49World-class track facilities installed at NCC for SEA Games02:11Trump awards medals to Jon Voight, Alison Krauss KEEP AN EYE ON: The benches. Philadelphia may have one of the best starting fives in the NBA, but there’s going to be an awful lot of pressure on the starters if the bench gets blown out as badly as in Game 1, when the Nets’ reserves had a 59-28 scoring advantage.INJURY UPDATE: Joel Embiid is listed as questionable after he was doubtful on the eve of Game 1 with his sore knee. Nets veterans Ed Davis (sprained right ankle) and Jared Dudley (tight right calf) are being listed as questionable, though Davis said he expected to play after finishing with 12 points and 16 rebounds in the opener.PRESSURE IS ON: Simmons. Maybe he doesn’t need to outplay high school teammate Russell, but the 76ers probably can’t afford for LeVert (23 points) and Spencer Dinwiddie (18) to outplay him, too.___Clippers at Warriors, Golden State leads 1-0. Game 2, 10:30 p.m. EDT, TNT.NEED TO KNOW: Patrick Beverley and Kevin Durant insisted after their ejections in Game 1 they were just having fun and trash-talking in the heat of the playoffs. Whether those high emotions spill into Game 2 will be something to monitor considering if the two-time defending champion Warriors make a deep run again, Durant already has two technicals with seven bringing on an automatic suspension.“Nah, I can control myself,” Durant said, unconcerned.The officials heard their share of arguing from both sides.“I thought the ejection was too quick, especially being playoff basketball,” Clippers guard Lou Williams said. “Everybody knows what Pat brings to the table and the type of competitor that he is. It might have went quick because of the back and forth they had right before that, but I thought it was quick. I think both guys were competing, and that was it.”KEEP AN EYE ON: The Warriors blocked 14 shots in Game 1, getting three each by Durant, Klay Thompson and Andre Iguodala. That was their most all season and tied a franchise playoff high also done on April 27, 1989, at Utah in the first round. Private companies step in to help SEA Games hosting Panelo: Duterte ‘angry’ with SEA Games hosting hassles View commentslast_img read more

first_imgNew Zealand Cricket has given clearance to its players to feature for the entire duration of the Indian Premier League (IPL) next year even though the tournament may finish shortly before the 2019 ICC World Cup in England.IPL is generally held in the month of April while the World Cup is slated to begin in England in May end. Reports suggest that Australian cricket board and the England and Wales Cricket Board might not allow their players to play the full IPL.However, New Zealand cricket will not do that and as announced by James Wear, GM Commercial, New Zealand Cricket, the board wants its players to get as much experience of playing around the world as possible.”One of the things New Zealand Cricket has decided is to allow its players to play in the Indian Premier League right till the end of the IPL,” Wear said during a special interaction in Mumbai.”So we are keen to give our guys as much experience playing all around the world as possible so that they get a great experience by playing in the IPL,” explained Wear.Also read – Kohli wants World Cup-bound India pacers to skip IPL, Rohit begs to differ: ReportsWear further said that New Zealand cricket is keen of having its players playing in the cash-rich T20 league in India.”Last season we had 11 players playing in there (IPL), which was great for us and we are keen to continue that,” added Wear.New Zealand skipper Kane Williamson, pacers Tim Southee, Adam Milne, Trent Boult and Mitchell Mclenaghan regularly feature in the cash-rich T20 league.advertisementSome reports also suggest that BCCI is looking to prepone the IPL keeping the World Cup in mind and is looking for possibilities to organise the tournament from the end of March.Meanwhile, New Zealand Cricket is preparing to host the Indian team in the upcoming five-match ODI and three-match Twenty20 International series. The first ODI is to be held at Napier on January 23.”We are working with Star (Sports) to make sure that the timings work as well as possible for the Indian audience,” informed Wear, adding the men’s T20I matches are scheduled to begin at 12:30 pm IST.(With PTI inputs)last_img read more

first_img​Tottenham wanted Chelsea signing Pulisic – Redknappby Ansser Sadiq10 months agoSend to a friendShare the loveFormer Tottenham boss Harry Redknapp says that his old club wanted to sign Christian Pulisic.Spurs have not completed an incoming transfer in the summer or in this window.And Redknapp believes they were priced out of a move for the American winger, who moved to Chelsea for £58 million.Pulisic will be back at Dortmund until the end of the season, where he has scored a goal and provided 2 assists in the league this term.Former Tottenham boss Redknapp told talkSPORT: “I’ve got a feeling, I don’t think they will.”I heard they were interested in the boy who went to Chelsea [Pulisic]. He was on their radar but was too expensive.”I think they will stick with what they’ve got.” About the authorAnsser SadiqShare the loveHave your saylast_img read more

first_imgAbout the authorAnsser SadiqShare the loveHave your say ​Man City midfielder Gundogan: We needed response after Norwichby Ansser Sadiqa month agoSend to a friendShare the loveManchester City midfielder Ilkay Gundogan believes his side had to show a response after their poor result at the weekend.City were humbled by Norwich City in the Premier League, losing 3-2 away from home.But they showed their quality in the first game of the Champions League group stages, with an impressive 3-0 away win against Shakhtar Donetsk.Speaking about the win, in which he scored, Gundogan said to the club’s official website: “We played quite well I think. The first goal away helps you but we never relaxed, kept the ball well and created a lot of chances. the result is great for us at a tough ground.”We had at least a couple of clear chances. But the third goal killed the game and we were able to play down the last 15 minutes.”It was necessary to respond and respond well (to the Norwich defeat) All of us, not just individually. They created good chances but we were solid at the back.” last_img read more

first_imgAbout the authorPaul VegasShare the loveHave your say Aaron Cresswell convinced by West Ham potentialby Paul Vegas15 days agoSend to a friendShare the loveAaron Cresswell is convinced West Ham United can achieve something special with the current team.The fullback has extended his deal with the Irons until 2023, which could take the No3 up to nine years in Claret and Blue. He said, “Going back to the last year we had at the Boleyn, we had a good squad. But look at this squad, the depth, the players and the signings we are making. “We’ve got two players for each position so if someone gets injured there is always someone to step up. Certainly, in the time I’ve been here, it’s been the best squad I’ve been involved in.“We want something special to happen. Come the end of the season, whether we have a good cup run or finish as high as possible in the league, that’s what we’re aiming to do. We want to take each game as it is and try to take maximum points and play good football at the same time. “This year we’ve shown some brilliant results and played some brilliant football. Long may that continue.” last_img read more

first_imgA general view of Missouri's football field.COLUMBIA, MO – OCTOBER 19: A general view of Faurot Field/Memorial Stadium during the game between the Florida Gators and the Missouri Tigers on October 19, 2013 in Columbia, Missouri. (Photo by Jamie Squire/Getty Images)Missouri Athletics announced this evening that it has filed its notice of appeals with the NCAA. The Tigers are filing an appeal following the sanctions handed down by the NCAA.The Tigers have been punished by the NCAA for allegations involving a former tutor. The sanctions include a 2019 football bowl ban and postseason bans for baseball and softball.Missouri announced tonight that it’s appealing.?️ NEWS | University of Missouri Files Notice of Appeal With NCAA? https://t.co/Q9QiCzSK0D#MakeItRight pic.twitter.com/tTqAsIAYPY— Mizzou Athletics (@MizzouAthletics) February 14, 2019From the school:The University of Missouri has filed its Notice of Appeal with the NCAA Division I Infractions Appeals Committee, Mizzou Director of Athletics Jim Sterk announced. The appeal was filed late Thursday afternoon.“We believe that the Committee on Infractions abused its discretion in applying penalties to the University of Missouri Athletics program, and we look forward to appearing before the Appeals Committee in the future to present our case,” Sterk said. “Mizzou’s case involved an isolated incident within our program, however, the penalties applied are overly harsh, not in line with established precedent and negatively impact student-athletes who chose to attend the University of Missouri and had nothing to do with the actions of one rogue individual.“It appears that our cooperation throughout this process went largely unnoticed, which I believe will have a chilling effect and force other institutions to take a different approach in dealing with these type issues, which will not be in the best interest of the NCAA or intercollegiate athletics,” he added.The appeals process is expected to take roughly six months.last_img read more

first_img India Today Web Desk DubaiJanuary 8, 2019UPDATED: January 8, 2019 22:00 IST USA Cricket was established in 2017 shortly after the expulsion of USA Cricket Association (@ICC Photo)HIGHLIGHTSUSA Cricket has become the 93rd Associate Member in accordance with the ICC ConstitutionUSA Cricket was formed in 2017 shortly after the expulsion of USACAUSA Cricket can now sanction domestic and international matches in the United StatesUSA Cricket achieved a significant milestone on Tuesday as it was inducted as the 105th member of the International Cricket Council (ICC). It is a significant landmark for the governing body that was established in 2017 to develop the cricket community in the United States following the expulsion of the USA Cricket Association (USACA).USA Cricket’s application to become the 93rd Associate Member in accordance with the ICC Constitution was approved by ICC Members following the Membership Committee’s recommendation to the ICC Board late last year and is implemented with immediate effect, according to a ICC media release.As a Member of the ICC, USA Cricket is now eligible to receive funding in accordance with the ICC Development Funding Policy and can sanction domestic and international cricket in the United States.A transition plan has been agreed for the governing body, which has, to date, been managed by the ICC Americas regional support programme. This will see all governing body obligations transferred to USA Cricket under the auspices of the USA Cricket Board of Directors this month. The recruitment of a Chief Executive and key management roles will begin in due course as the immediate priorities of the new Member.Notably, the USACA was suspended thrice between 2005 and 2015 as the ICC had constantly expressed concerns over governance, finance, reputation, and cricketing activities before it was expelled in 2017.ICC chief congratulates Paraag MaratheICC Chief Executive, David Richardson said: “This is the culmination of a great deal of hard work and I would like to congratulate the Chair of USA Cricket, Paraag Marathe, and the Board, on this important milestone and wish them all the very best for the future.advertisementUSA Cricket Board Chair, Paraag Marathe said: “USA Cricket was established to bring together the cricket community in the United States, develop the game and unlock the sport’s undoubted potential for growth. Today’s confirmation that it is the ICC’s newest Member is a significant staging post on that journey.”As David mentioned, this recognition is not just the work of our Board but is a result of thousands of volunteer hours over the last 18 months and USA Cricket appreciates the time, effort and sacrifice of all those involved.”On behalf of our Board of Directors and the entire U.S. cricket community, I also want to thank the ICC and the other 104-member countries for your faith in us to deliver on the nearly limitless potential for cricket in the United States. We do not take this responsibility lightly and pledge to lead this great game with the integrity, passion and tireless work ethic that is a foundation for global cricket.”Also Read | Indian Premier League 2019 to be played in India from March 23Also Read | India vs Australia: BCCI announces huge cash rewards for Virat Kohli’s history makersAlso Read | It takes some serious marbles: Ravi Shastri on Virat Kohli’s captaincyAlso See:For sports news, updates, live scores and cricket fixtures, log on to indiatoday.in/sports. Like us on Facebook or follow us on Twitter for Sports news, scores and updates.Get real-time alerts and all the news on your phone with the all-new India Today app. Download from Post your comment Do You Like This Story? Awesome! Now share the story Too bad. Tell us what you didn’t like in the comments Posted byAkshay Ramesh Tags :Follow ICCFollow International Cricket CouncilFollow USA CricketFollow USA Cricket AssociationFollow USA cricket international matches USA Cricket joins International Cricket Council as its 105th memberAs a Member of the ICC, USA Cricket is now eligible to receive funding in accordance with the ICC Development Funding Policy and can sanction domestic and international cricket in the United States.advertisementlast_img read more

first_imgzoom Scorpio Bulkers Inc. posted a net loss of USD 138.6 million, or USD 0.71 basic and diluted loss per share, for the three months ended June 30, 2015, increasing its net loss of USD 15 million from the same period last year.This loss includes the write down on assets held for sale of USD 119.6 million, a write off of USD 2.4 million of a portion of deferred financing costs accumulated on two credit facilities, and the noncash amortization of stock-based compensation of USD 6.1 million.For the six months ended June 30, 2015, the company’s net loss reached USD 190.7 million, or USD 1.03 basic and diluted loss per share, against a net loss of USD 25.7 million in the same period last year.Scorpio said that this loss includes the write down on assets held for sale of USD 151.4 million, a write off of USD 6 million of a portion of deferred financing costs accumulated on three credit facilities for which the commitments were reduced pursuant to the removal from the facilities of certain vessels that have been classified as held for sale, and the noncash amortization of stock-based compensation of USD 12.2 million.In order to cut its losses in what has been characterized as devastating bulk shipping market, overall, the Nasdaq-listed bulker owner and operator has agreed to sell 20 newbuilding construction contracts, consisting of eight Capesize, two Aframax tanker newbuilding contracts, two Kamsarmax, one Ultramax, four LR2 product tanker and three LR1 product tanker newbuilding contracts.Out of that number, 16 newbuilding vessels have been sold, with three Capesizes and one Kamsarmax left.Scorpio expects these sales to result in approximately USD 197 million of aggregate cash proceeds, including refunds of deposits previously made, and an approximately USD 673.2 million reduction of its capital expenditure obligations.The company’s newbuilding program consists of contracts for the construction of 60 dry bulk vessels, comprised of 28 Ultramax, 21 Kamsarmax and 11 Capesize newbuildings. Of this total, through July 27, 2015, Scorpio took delivery of three Capesize, three Kamsarmax and six Ultramax vessels.The total construction price for the remaining 48 drybulk vessels is USD 1,621.4 million, with USD 994.3 million yet to be paid.last_img read more

first_imgzoomImage Courtesy: Wikimedia/Wei-Te Wong under CC BY-SA 2.0 license South Korea’s shipbuilding group Hyundai Heavy Industries (HHI) has signed a formal deal to proceed with the acquisition of its smaller rival Daewoo Shipbuilding & Marine Engineering (DSME). The deal was inked with Korean state lender Korea Development Bank (KDB) on March 8 and follows a conditional agreement the two parties reached in January 2019.The duo agreed that KDB, which holds a 55.7 percent stake in DSME with an estimated worth of KRW 2.16 trillion (USD 1.94 billion), will sell its stake.KDB will transfer its DSME common stock to HHI and buy KRW 1.5 trillion worth of HHI stocks, Hyundai Heavy confirmed today in a stock exhange filing.What is more, the bank will consider providing KRW 1 trillion in financial help to DSME.HHI will establish a holding company that will control the group’s shipyards, including DSME.The transaction will see HHI owning a 26 percent stake in DSME and KDB 18 percent.As explained by Hyundai Heavy, the main prerequisite for the realization of this kind of investment is the receipt of all government licenses and permits as well as the approval of business combination by domestic and foreign regulatory authorities.The final contract comes as another South Korean shipyard, Samsung Heavy Industries (SHI) said it was not interested in buying a majority stake in DSME.The merger has raised fears of potential layoffs at both HHI and DSME yards. In February, more than 90 percent of workers at DSME vowed to go on strike over the takeover.World Maritime News Stafflast_img read more

first_imgBhubaneswar: Prime Minister Narendra Modi will hold a roadshow in Bhubaneswar during his visit to Odisha on April 16. He is also scheduled to address two rallies in Bhubaneswar and Sambalpur on the same day. BJP state vice president Samir Mohanty on Sunday said that the prime minister will start his roadshow from near the Biju Patnaik International Airport and reach the public rally venue at Baramunda Ground covering Ganganagar and OUAT Square. Polling in Bhubaneswar and Sambalpur Lok Sabha constituencies and the assembly segments coming under them will be held in the third phase on April 23. This will be Modis fifth election programme in the state. Earlier, he had addressed election meetings at Jeypore in Koraput district, Bhawanipatna in Kalahandi, Sonepur in Bolangir district and Sundergarh. BJP national president Amit Shah will also address two rallies at Baramba in Cuttack district and Dhenkanal on April 17, a party leader said. The Lok Sabha and assembly elections are being held simultaneously in the state in four phases.last_img read more

The chairman of the agency that is overseeing redevelopment of Toronto’s eastern waterfront says Sidewalk Labs’ masterplan for the area goes well beyond the scope of the original request for proposals and in some cases requires guarantees that fall outside his agency’s mandate.In an interview with the Financial Post on Tuesday, Stephen Diamond, a veteran Toronto real estate developer and chairman of Waterfront Toronto, expressed doubts about a number of aspects of the project, including Sidewalk Labs’ insistence that they need a guarantee that light-rail transit will be built through the new district.“What does one do after going through a public negotiation, and (assuming) other deals, other issues are resolved, how do you enter into an appropriate arrangement with a private company that is conditional on something beyond your control?” he said. Did Sidewalk Labs overstep with their masterplan? It certainly raised concerns at Waterfront Toronto Five potential sticking points in Sidewalk Labs’ masterplan for the Toronto waterfront Sidewalk Labs’ decision to offload tough decisions on privacy to third party is wrong, says its former consultant Diamond noted that Sidewalk’s long-awaited development plan, released Monday, was more ambitious in scope and contained significant departures from earlier plans.Sidewalk is a sister-company to Google, both owned by Alphabet Inc., and when the company responded to a Waterfront Toronto request for proposals, they were primarily being asked for a development plan for Quayside, a 12-acre plot of land on the waterfront.As part of their winning pitch, Diamond said they promised to move Google’s Canadian headquarters to Quayside, which would create jobs and economic activity in the new neighbourhood from the beginning. The new location for the Google headquarters would be on port lands which will only be open to development because of a $1.2 billion government project to re-route the Don River to prevent flooding, and Sidewalk Labs is now talking about developing the whole area as part of a broader IDEA district.Sidewalk CEO Dan Doctoroff said in an interview that in order to meet revitalization, environmental and affordable housing objectives set by Waterfront Toronto, they needed the greater scale of the port lands for their plan.Diamond flatly disagreed.“We do not believe that they have presented strong arguments that that scale is needed,” he said.“Certainly, there was an indication from the beginning, that it was something that they wanted, but it was also something that was clearly indicated in the agreements, that it wasn’t something we were obligated to accept.”An early suggestion of what the proposed Sidewalk Labs project might entail along the city’s waterfront. Diamond was also hesitant about Sidewalk’s request for government to create a new public entity, or vest Waterfront Toronto with additional powers, to shepherd the whole development through regulatory processes over the next decade or more.“How would that realistically get administered? And is it plausible and is it realistic that it could even occur, when there is no regulatory framework in place for it?” he asked.Waterfront Toronto will hold a public consultation meeting in July to canvas public input on the 1,524-page Sidewalk Labs draft plan, and then after negotiation and revision, Waterfront Toronto’s board will vote on whether to proceed with the project.Already, strong reactions to the project are surfacing from the organizations and people who have been keeping a close eye on the long plan-development process that has been underway since October of 2017.We do not believe that they have presented strong arguments that that scale is neededWaterfront Toronto chair Stephen Diamond Sidewalk Labs “They’ve now come along and said no, we’re no longer going to put the headquarters on Quayside, but we’re going to put it on a different piece of land that we want,” Diamond said.“And by the way, (they) don’t want to have to go through a procurement for that particular piece of land, because (they) want to build the Google headquarters there.”They’ve now come along and said no, we’re no longer going to put the headquarters on Quayside, but we’re going to put it on a different piece of land that we wantWaterfront Toronto chair Stephen Diamond Brian Kelcey, vice-president of public affairs for the Toronto Regional Board of Trade, welcomed the plan because it gives the public something meaty to discuss.The Board of Trade has been broadly supportive of the Sidewalk Labs development for a while, but Kelcey said the public debate around the project has often suffered from a lack of information before the plan was released.“Frankly, it was a lot of shadow boxing and talk about worst-case scenarios,” he said.Sunil Sharma, director of Techstars Toronto, said he believes the Sidewalk development would be a testbed for urban innovation, and that it would mean Toronto will become a magnet for those sorts of startups.“I believe that with Sidewalk many of those companies are going to look at moving to Toronto, at least for a while, and they may stay here,” he said.“The net benefit will be landing a whole lot of global tech companies.”But for Bianca Wylie, a senior fellow at the Centre for International Governance Innovation, and one of the project’s persistent critics, the expansive scope of the plan was part of the problem.Wylie said by going beyond their original remit, Sidewalk Labs is trying to do an end-run around the process set up by Waterfront Toronto to handle these issues.She attributed that approach to Sidewalk Labs’ DNA as a sister company to Google.“There is a lawlessness to the style, and to the power moves that the tech industry does. They just kind of do stuff and then they say, ‘Oh, regulate us!’” she said.“You see that happening here on a micro level with this project. They’ve gone way over what they were asked for.”• Email: jmcleod@nationalpost.com | Twitter: read more

LOS ANGELES – Don’t tell Ohio State its opponent in the Elite 8 is a No. 9 seed, the lowest seed to reach the NCAA Tournament’s quarterfinal round since Virginia Commonwealth University did it two years ago as a No. 11. Don’t tell the No. 2-seeded Buckeyes the Shockers of Wichita State are a mid-major, with a roster full of lowly heralded recruits, none of which likely have a future in the NBA. And don’t tell OSU a second-consecutive berth in the Final Four is all but assured, or that its 11-game winning streak will most definitely reach 12. The Buckeyes, following a 73-70 win against No. 6 seed Arizona Thursday, and Wichita State, after a 72-58 defeat of No. 13 La Salle, will meet at the Staples Center in Los Angeles Saturday at 7:05 p.m. Thad Matta’s squad is the clear favorite heading into its bash against Gregg Marshall’s start-ups with a spot in Atlanta on the line. But OSU’s players aren’t thinking like that. “I think we’re not going to overlook anybody at this point. The fact that they’re in the Elite 8 just means that they’re a really great team,” said sophomore guard Shannon Scott. “Even though they don’t come from a great conference, or what their seed is in the tournament, they’re a great team.” The Shockers knocked off No. 8 seed Pittsburgh in their opening bout before upending No. 1 seed Gonzaga, 76-70, in the tournament’s third round. At this point, Wichita State likely isn’t going to sneak up on anybody, certainly not the Buckeyes. “They definitely, like I said, deserve to be here. They’ve played really good basketball, outplayed everyone they’ve played so far,” said junior guard Aaron Craft. Don’t call Wichita State a “Cinderella,” either. The Shockers have won 25, 29, 27 and now 29 games over the last four seasons. “They’re a great team. They have a lot of talent,” said sophomore forward Sam Thompson. “They’re playing their best basketball of the season just like we’re playing our best basketball of the season.” The players that make up Wichita State’s roster might not have been McDonald’s All-Americans or top-100 players coming into college, but to Matta, high recruiting rankings don’t always translate into success on the hardwood. “I’ve had the privilege of coaching two national players of the year, and neither one of them were top 75 high school players out of high school,” Matta said, speaking of former Xavier star David West and former Buckeye All-American Evan Turner. There’s parity in college basketball right now, according to Matta, meaning the so-called “mid-majors” can at times be just as talented as the apparent “elites.” “As I go out recruiting every year, I can’t tell the difference between the 20th player and the 120th player in the country,” Matta said. “That doesn’t mean a whole lot to me in terms of your ranking of the recruiting class and all that stuff.” On the court, the Shockers like to get out and run, and play a style not consistently seen by OSU in Big Ten play. “They’re extremely deep,” Matta said. “They’ve got guys that can do a lot of things from shooting the ball to driving the ball. They’re sound in terms of-very sound in terms of their execution.” Wichita State (29-8) is led by two 6-foot-8 forwards, Cleanthony Early, a junior averaging 13.7 points and 5.3 rebounds a game, and Carl Hall, a senior averaging 12.7 points and seven rebounds a contest. Senior guard Malcolm Armstead, though, has been his team’s go-to player so far in the tournament, dropping 48 points through three games. OSU (29-7) got off to a slow start in its Sweet 16 game against Arizona, falling into a double-digit deficit midway through the opening half. Getting out to a quick start against the Shockers could be paramount for the Buckeyes. “We really have to come ready to play from the jump. I feel like yesterday we came out kind of slow, timid, but then after coach talked to us a bit, we really got going,” Scott said. The end of games, however, is where OSU has made its mark in the tournament. A 3-pointer by Craft with 0.5 seconds left against Iowa State sent the Buckeyes into the Sweet 16 and a 3-pointer from Ross against Arizona with two seconds left catapulted OSU into the Elite 8. It’s surprised some that it wasn’t junior forward Deshaun Thomas, the Big Ten’s leading scorer, hitting those buzzer beaters. OSU’s players haven’t been shocked by it, though. “We have a lot of confidence in a lot of guys on the team,” Craft said. “I have confidence in a lot of guys to take that shot. So last week it happened to be me, yesterday it happened to be LaQuinton, it could be someone else tomorrow.” It’s still Thomas out of all the Buckeyes that concerns Marshall the most. “He’s a bad-shot taker and a bad-shot maker,” Marshall said, noting that the statement was a compliment. And it was Thomas, in opposition from his teammates and coaches, who was the one pointing out what no one Friday seemed to: that OSU is the favorite, and Wichita State the heavy underdog. “They’ve got nothing to lose,” the junior forward said. And if OSU is everyone’s pick to advance, is there a pressure to not be the one that lets the low seed continue to dance? “I don’t think that’s really important to us,” Ross said. “We don’t want to get knocked off by anybody-Syracuse, Louisville, Indiana, Michigan, any of those teams-so we’re taking Wichita State like it’s a Big Ten game or any other game.” If that’s the case, OSU should fare well tomorrow. The Buckeyes haven’t lost “any” game since Feb. 17 and hold the nation’s longest current winning streak. A win against the Shockers would put OSU in its third Final Four since 2007. read more

← Previous Story Danimir Curkovic to Spanish Amaya Sport Next Story → Wisla Plock to host Orlen Handball Cup Ademar Leon, one of the most respectable Spanish teams, has decided to lower the budget for the next season by about 23%, which is now 2,2 millions. The President of the team, Carlos Pollan, announced that despite this reduction, the team also aims at lowering the costs by about 30%, which was the initial projection. This is backed by the fact that there are some players will conclude their contract, and these include the Slovakian Martin Stranvosky, the goalkeepers Vicente Poplar and Venio Losert, Dalibor Cutura, and the Russian Denis Krivoshlykov who renewed his contract for 1 year, with an option for a second.The club might also find itself in possible economic problems, if the insurance company Reale – the main sponsor of the club, decides not to continue the collaboration, which is to last, for now, until February 2012. read more

first_img Oct 24th 2016, 11:01 PM Monday 24 Oct 2016, 11:01 PM Short URL Mark Nash being led into a prison van after leaving the Circuit Criminal Court in Dublin in 1998. Image: Leon Farrell/Photocall Ireland Mark Nash being led into a prison van after leaving the Circuit Criminal Court in Dublin in 1998. Serial killer Mark Nash loses appeal for damages His lawyers claimed his human rights were breached by a delay in prosecuting him for the Grangegorman murders in 1997. 43 Comments Image: Leon Farrell/Photocall Irelandcenter_img http://jrnl.ie/3044396 CONVICTED SERIAL KILLER Mark Nash lost his claim for damages at the Supreme Court today.He is currently serving a life sentence after being found guilty of the murders of Sylvia Sheils (59) and Mary Callinan (61) at their sheltered housing in Grangegorman, Dublin, in the same year.He was previously convicted for murdering a young Roscommon couple, Catherine and Carl Doyle, in August 1997.He was convicted of the Grangegorman murders last year.Nash claimed he was entitled to damages because his human rights were breached by the delay in prosecuting him.However, the Supreme Court upheld the High Court’s finding that he was not entitled to damages.It ruled it wasn’t satisfied that any culpable delay was established in all circumstances of the case.Read: Central Bank outlines exactly what its problems are with the First Time Buyer scheme> Share7 Tweet Email By Cliodhna Russell Tweet thisShare on FacebookEmail this article 19,294 Views last_img read more

first_imgDécouvrez en images le sauvetage d’un ours coincé à près de 5 mètres de hauteur dans un arbreLos Angeles, États-Unis – Mercredi dernier, les autorités et les pompiers ont accompli une mission dont ils se souviendront : le sauvetage d’un jeune ours, perché dans un arbre à près de 5 mètres de hauteur. Un ours noir d’environ deux ans pesant une cinquantaine de kilos s’est retrouvé coincé dans un arbre à plus de 4 mètres de hauteur, ne pouvant ni descendre ni se nourrir. D’après les autorités, l’animal séparé de sa mère depuis peu aurait cherché de la nourriture, s’égarant hors de son territoire.Le plantigrade a dû être sédaté lors de l’opération, afin d’éviter tout incident. Puis, grâce à un épais matelas placé au pied de l’arbre, sa chute a pu être amortie et l’animal a regagné le sol sans une égratignure, avant d’être remis en liberté dans le milieu naturel. Actuellement, on compte 38.000 ours en Californie, contre 10.000 en 1980. Ce genre de situation n’a aujourd’hui rien d’inhabituel, mais Porter Ranch n’est pas directement à proximité des zones d’habitation des ours, d’où un certain étonnement de la population devant cette scène.Découvrir les images : https://www.maxisciences.com/ours/sauvetage-d-039-un-jeune-ours-coince-dans-un-arbre-en-ville_art7541.htmlLe 29 mai 2010 à 13:43 • Emmanuel Perrinlast_img read more

first_img RelatedPosts Landing International rejects links to company found using IP to promote cryptocurrency Load More Duterte “regretted” running for President after Landing International’s 2018 Manila land lease scandal Mohegan appoints former Landing International executive Christian Block to oversee Korea, Canada operations Asian integrated resort developer and operator Landing International Development Ltd says it is “waiting for further clarification” on the future of its planned Manila integrated resort after the office of the Philippines President revealed over the weekend that the Department of Justice had ruled the company’s local land deal void.Harry Roque, the spokesman for the President, told local reporters on Friday that Justice Secretary Menardo Guevarra had deemed Landing’s contract to lease a 95,700-square meter plot of land in Manila’s Entertainment City from Nayong Pilipino Foundation as invalid. “It characterized the contract as being ‘void ab initio’,” Roque said. “According to the Secretary of Justice, the contract of Landing with Nayong Pilipino is a build-operate-transfer contract disguised as a lease contract. Because it is a build-operate-transfer project, it should have complied with the BOT law including public bidding.”Approached by Inside Asian Gaming, a Landing International spokesperson said that the company had no comment at this stage while it sought further clarification on the issue.It follows President Rodrigo Duterte’s decision to fire the entire board of Nayong Pilipino Foundation in early August, announcing their fate on the very same day that Landing held its groundbreaking ceremony for the US$1.5 billion project.Landing said at the time that it believed its 50-year lease deal to be “still valid and effective” and that it planned to push ahead with the project.“From the group’s view point, the recent decision of the Philippine Government to replace members of the NPF board of trustees did not affect the validity of the subject contract of lease,” the company added.Nayong Pilipino Foundation is accused of failing to open the land parcel up for public bidding and of granting Landing International a deal that was “grossly disadvantageous” to the government. The sacked Chairman of Nayong Pilipino Foundation, Patricia Ocampo, has denied there was any legal requirement for public bidding while insisting the lease rate was in line or higher than other land parcels in the Entertainment City precinct.Ocampo has been in the spotlight ever since the 7 August groundbreaking ceremony where she gave a welcome speech to guests despite having just been told of her fate, then broke down in tears moments later.last_img read more