US hits 5 million virus cases as Trump criticized over relief package

first_imgTopics : The United States on Sunday reached the extraordinary milestone of five million coronavirus cases as President Donald Trump was accused of flouting the constitution by unilaterally extending a virus relief package.The US has been hammered by the COVID-19 pandemic, recording more than 162,000 deaths — by far the highest of any country, ahead only of Brazil, which on Saturday became the second country to pass 100,000 deaths.The global death toll is at least 727,288 since the novel coronavirus emerged in China last December, according to a running tally from official sources compiled by AFP. Summer crowds Democrats say the president’s orders infringe on Congress’s constitutional authority over the federal budget.But Pelosi demurred when asked about possible legal action, saying, “Whether [it was] legal or not takes time to figure out.”White House economic advisor Larry Kudlow defended the new measures.”Maybe we’re going to go to court on them. We’re going to go ahead with our actions anyway,” he said.Treasury Secretary Steven Mnuchin issued a statement Sunday saying Trump “was fully committed to making sure that hardworking Americans and businesses continue to have the resources they need as our country safely reopens.”Trump’s Democratic opponent in the presidential election, Joe Biden, tweeted that five million coronavirus cases was “a number that boggles the mind and breaks the heart.”It shouldn’t have gotten this bad,” he said.Elsewhere, growing infections in and around Paris prompted French officials to make face masks compulsory outdoors in crowded areas and tourist hotspots in the city and surrounding areas from Monday.The mask will be obligatory for all those aged 11 and over in “very crowded zones,” said a police statement, including the banks of the Seine River and more than 100 streets in the French capital.As temperatures soared across western Europe, holidaymakers crowded beaches at the weekend despite warnings about the risk of infection.Local authorities in Germany warned that some beaches and lakes would be closed if there were too many people.Belgian police meanwhile arrested several people Saturday at the resort of Blankenberge after a brawl broke out on a beach between officers and youths they had told to leave for refusing to respect virus safety measures. Around 5,000 people demonstrated in Vienna for increased financial support for nightlife and relaxing coronavirus regulations.Back in the US, in another burst of defiance over health warnings, thousands of bikers converged on a town in South Dakota for what is billed as the largest cycle gathering in the world.In past years, the 10-day rally in Sturgis has drawn hundreds of thousands of bikers to socialize, drink and party together — raising fears among some locals that this year’s version could be a superspreader event. Nearly 20 million cases have been registered worldwide — probably reflecting only a fraction of the actual number of infections.As around much of the globe, the small African country of Malawi on Sunday imposed tight social restrictions to try to contain the disease, shutting all bars and churches, while hot weekend weather drew crowds in Europe to the beach.In Washington, the new virus relief package — announced by Trump on Saturday after talks between Republican and Democrat lawmakers hit a wall — was “absurdly unconstitutional,” senior Democrat Nancy Pelosi told CNN.Fellow Democrat and Senate minority leader Chuck Schumer, appearing on ABC, dismissed Trump’s unilateral measures as “unworkable, weak and far too narrow.” But with the nation’s economy still struggling to dig itself out of an enormous hole, Democrats appeared skittish about any legal challenge to a relief package they see as seriously inadequate.The four executive orders Trump signed Saturday at his golf club in Bedminster, New Jersey will, among other things, defer payroll taxes and provide some temporary unemployment benefits.The president was seen as keen to show himself taking decisive action ahead of a November 3 election that could see him ousted from office, with polls showing a large majority of voters unhappy with his handling of the crisis.last_img read more

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All change for stewardship agenda as FRC reveals draft new code

first_imgAndrew Ninian, Investment Association“Asset managers have been clear that any new code should require signatories to report against actual stewardship activity, rather than just the policy that sits behind them, and should also reflect the growing range of issues that asset managers engage on, such as diversity and ESG.“The new proposed code recognises these key issues and provides a platform for them to be firmly embedded in the final version of the stewardship code.”Caroline Escott, policy lead for investment and stewardship at the Pensions and Lifetime Savings Association: Caroline Escott, PLSA“We’re pleased to see that many of these new proposals are in line with what our members have been calling for. Ensuring the code clearly explains how the principles apply to asset owners should make it easier for them to make sure their asset managers are undertaking effective stewardship.“We also welcome the specific reference to [ESG] issues as these can represent significant risks and opportunities to companies, so it’s important these are drawn out.”Fergus Moffatt, head of UK policy at ShareAction: The Financial Reporting Council (FRC) has proposed revisions to the UK’s stewardship code that would hold institutional investors to “substantially higher” standards of policy and practice.The draft 2019 code – on which it launched a consultation today – aimed “to create a market for stewardship driven by a demand from asset owners and beneficiaries for better quality information about how asset managers and service providers fulfil their responsibilities”.Win Bischoff, chair of the FRC, said the review of the code “recognises the significant changes in the investment industry and stewardship landscape since the 2012 revision”.“It sets both higher expectations for stewardship practice and introduces more rigorous public reporting with a focus on outcomes and effectiveness,” he added. “We believe the changes proposed put it at the forefront of stewardship internationally.” The changes come a month after a review of the FRC proposed scrapping the audit regulator and replacing it with an independent statutory regulatory body. The Kingman review also advocated a “fundamental shift in approach” to the stewardship code and said serious thought should be given to abolishing it if it could not focus on “outcomes and effectiveness” rather than policy statements.The consultation on the proposed changes to the stewardship code is part of a package of papers released today.center_img The entrance to the FCA’s headquarters in Stratford, LondonUK financial services regulator the Financial Conduct Authority (FCA) has launched a consultation on measures to implement the amended Shareholder Rights Directive for asset managers and life insurers, saying that its proposed new rules would set “an important baseline in a continuum of measures to drive effective stewardship.” .The revised stewardship code aimed to encourage higher standards beyond the minimum, it added.The FCA also published a joint discussion paper with the FRC, which it said aimed to “provide an appropriate platform” for a broader debate on stewardship – its importance and how it is best achieved. Fergus Moffatt, head of UK policy at campaign group ShareAction, said: “Given the FCA’s responsibility to supervise the conduct of asset management firms, carry out enforcement activities and achieve good consumer outcomes, it could feasibly play a more prominent role on stewardship.”What’s in the new code?The draft 2019 stewardship code is based on a new definition of stewardship, which identifies its primary purpose as “looking after the assets of beneficiaries that have been entrusted to the care of others”.This, according to the FRC, assigned asset owners a central role in promoting effective stewardship practice and in the selection, monitoring and evaluation of asset managers acting on their behalf.The FRC also proposed a broader scope for the code, with signatories also expected to exercise stewardship across assets outside of listed equities including fixed income and infrastructure equity.Asset owner and asset manager signatories to the code should, for example, “explain their policy on bond engagement, including the extent to which they engage pre- and post-issuance of bonds”, the FRC said.“The draft 2019 code sets higher standards for asset owners and asset managers regarding how they integrate stewardship responsibilities into their investment processes”Financial Reporting CouncilThe revised code also “sets higher standards for asset owners and asset managers regarding how they integrate stewardship responsibilities into their investment processes,” the FRC explained.One of the provisions in the draft code states that they would need to “disclose the structures and processes they have in place to ensure that information gathered through stewardship activities is factored directly into investment decision-making”.The revised code has a focus on purpose, values and culture, which is intended to align it with the new UK corporate governance code for companies. Material ESG factors The draft code makes explicit reference to environmental, social and corporate governance (ESG) factors, and signatories are expected to take into account material ESG issues when fulfilling their stewardship responsibilities. These changes align with recent changes to occupational pension regulations.For example, under the proposed code, asset owner and asset manager signatories would need to explain how their approach to investment and stewardship “is aligned with the investment time horizon of beneficiaries, including how they take material ESG factors into account”. The FRC has also heeded feedback that the code should be more clearly tailored to the different roles of different entities in the investment chain.The draft code differentiates between asset owners, asset managers, and service providers, including investment consultants and proxy advisers.Under the new code, pension funds with internally managed assets would follow principles and provisions for both asset managers and asset owners.The FRC has also proposed more rigorous requirements for reporting. Investors would be required to publish a policy and practice statement upon signing the code, and an annual activities and outcomes report. Reporting would be subject to increased oversight by the FRC.  Stakeholders welcome new codeAndrew Ninian, director of stewardship and corporate governance at the Investment Association: Fergus Moffatt, ShareAction“We support many of the changes proposed by the FRC in its consultation paper, particularly around clearer distinctions on the duties of the different types of signatory to the code…“In addition, the explicit reference to environmental and social factors throughout the document is an extremely positive step forward and the recognition by the regulator that ESG factors can be financially material – and in such instances should be considered by signatories – is good news for companies, investors, savers, and the environment.”last_img read more

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NegOcc cops roll out security measures ahead of ‘undas’

first_img Negros Occidental Police Provincial Office director Colonel Romeo Baleros said all personnel are expected to render duty and those on leave were recalled. According to Baleros, village watchmen and volunteers will also assist police in maintaining peace and order and, if necessary, render medical services. BACOLOD City – The police in Negros Occidental is going on “full alert” status days before the observance of All Saints’ Day and All Souls’ Day. He added that remaining personnel will continue to perform regular police functions such as conducting patrols, border control and checkpoint operations.center_img “A total of 448 police personnel will be deployed and will man various police assistance desks in the province’s 90 cemeteries, 47 bus terminals and 16 seaports,” said Baleros. Baleros also encouraged his personnel to visit their departed relatives prior to their Nov. 1 and 2 deployment to ensure their personal matters do not interfere with their respective duties./PNlast_img read more

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Indiana Grown celebrates upcoming anniversary at the Statehouse

first_imgIndianapolis, IN—Indiana Grown today celebrated its upcoming five year anniversary in the historic Statehouse with program members, partners, and legislators. During the celebration, the Indiana Grown team highlighted their major accomplishments and outlined key priorities for the year ahead. Attendees gathered to hear from Lt. Governor Suzanne Crouch, who has been a longstanding supporter of Indiana Grown, along with ISDA Director Bruce Kettler and Indiana Grown Director Heather Tallman.“The Indiana Grown program is expanding daily and I commend the work done by our staff over these last five years to get this program to where it is today,” said Bruce Kettler, Indiana State Department of Agriculture Director. “Today’s event was a great opportunity for members to share their experiences with legislators, and I hope they both gained a greater knowledge of this outstanding program.”Recently, they received a grant to study the economic impact of buying local foods or products and to determine consumer and producer awareness. In 2020 Indiana Grown will open the nation’s first agriculture/airport partnership at the Indianapolis International Airport: Farmers’ Market featuring Indiana Grown.  “The hard work from our team and the resulting partnerships we have made over the years have propelled this program forward faster than we could have imagined,” said Heather Tallman Program Director. “We look forward to what 2020 brings to the table for Indiana Grown and our members.”Visit www.IndianaGrown.org to learn more about the program.last_img read more

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Iheanacho guns for 6th league goal

first_imgRelatedPosts Runarsson joins Arsenal on four-year deal EPL: Crystal Palace stun sloppy Man U EPL: Red Devils attack Palace In-form Nigerian striker, Kelechi Iheanacho, will hunt for his sixth Premier League goal as Leicester City and Arsenal go head to head at the Emirates Stadium on Tuesday.Iheanacho would also be gunning for his 11th goal in all competitions against Crystal Palace on Saturday in what was his ninth league start and 16th appearance. It is also the first time he scored in back-to-back league games this term having scored in last Wednesday’s 2-1 defeat at Everton, and the second overall after doing so in the two-legged EFL Cup semi-final defeat to Aston Villa.The Foxes remain in third place as a result of the victory, but will need to be watchful of Chelsea and Manchester United who are just one and three points behind, respectively, on the table, which is making for an intense race to finish in the lucrative Champions League places.They travel to the British capital to confront Arsenal – who saw off Wolverhampton Wanderers 2-0 on Saturday with Super Eagles hopeful Bukayo Saka scoring his first-ever Premier League goal.Ricardo Pereira and Daniel Amartey remain sidelined for the Foxes, but Brendan Rodgers could once again start both Vardy and Iheanacho after both scored last time out.Tags: Aston VillaCrystal PalaceEFL Cup Semi-FinalEmirates StadiumKelechi Iheanacholast_img read more

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Woodpecker Products Ltd Junior squash Four categories contested on opening day

first_imgTHE Guyana Squash Association (GSA) on Wednesday night served off its second junior tournament for 2017, the Woodpecker Products Ltd Junior National Squash Championships, at the Georgetown Club Inc. courts.Four of the ten categories were contested on opening day. There were several exciting matches as players vied to register victories in their matchups.Results in the respective categories were as follows.Boys’ Under-11Louis Da Silva trounced Chad De Abreu 11-0, 11-0, 11-1.Nathan Rahaman whipped Shiloh Asregado 11-0, 11-4, 11-3.Boys’ Under-13Ethan Jonas overwhelmed Liam Carpenter 11-1, 11-3, 11-1.Michael Alphonso defeated Zachary Persaud 11-3, 11-3, 11-2.Demetrius De Abreu beat Nicholas Verwey 11-3, 11-2, 11-3.Boys’ Under-15Samuel Ince-Carvalhal overpowered Osmond Mack 11-0, 11-1, 11-2.Shomari Wiltshire conquered Jason Gomes 11-1, 11-1, 11-1.Gianni Carpenter bettered Mikhail Persaud 11-4, 11-2, 11-4.Lucas Jonas defeated Dominic Collins 11-4, 11-4, 11-3.Girls Under 15Makeda Harding the better of Kirsten Gomes 11-3, 11-4, 11-9.Abosaide Cadogan crushed Teija Edwards 11-0, 11-0, 11-1.Madison Fernandes trounced Jahcinta Adams 11-0, 11-0, 11-1.Kirsten Gomes got past Aliyah Persaud 11-9, 11-3, 11-2.Makeda Harding thrashed Teija Edwards 11-1, 11-1, 11-1.The tournament continued with a series of matches last evening.last_img read more

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New freshman class most competitive

first_imgThe USC Office of Admission has declared the class of 2014 the university’s best class to date.Officials said the pool of students applying for college is growing more competitive each year, which — combined with USC’s active recruitment — molded the class of 2014.“We have been moving the university’s academic profile consistently and getting more and more competitive,” said Tim Brunold, dean of admissions. “We have been able to successfully recruit the most sought after students in the country.”The average SAT score for the class of 2014 increased 10 points, placing the average score in the 96th percentile.“While the demographics of the [freshman] class are very similar [to previous years], the quality certainly continues to increase, and that is a long-term trend,” Brunold said.Though the 24 percent acceptance rate is similar to last year, the size of the freshman class increased by about 100 students to 2,963.Forty-six percent of the freshmen are male and 54 percent are female, which generally does not change from year to year, Brunold said.“We’re not as out of balance for the freshman class as some of our competitors,” he said.Yet, the gender statistic supports the national trend of more women attending college than men. Although this is of great concern, Brunold said, overall USC has almost an exact gender balance university-wide.“We want to make sure that USC’s student body reflects the diversity out in the world,” Brunold said. “USC is continuing to work on increasing the diversity of students from a variety of socioeconomic backgrounds and make strides in ethnic diversity.”Typically, underrepresented racial groups increased their presence in the freshman class this year: 7.3 percent of students are African-American, which increased from 7 percent last year; and 13.3 percent of students are Latino, which increased from 12.8 percent.Though there are about 300 freshmen students from outside the United States, the international population of the freshman class decreased from 11 percent to 10 percent this year. Of those students, 40 countries are represented, with most students originating from China, Canada and South Korea.Demographic diversity within the United States is increasing, however, with most out-of-state freshmen students hailing from Texas, Illinois, New York and Washington. The class of 2014 represents 48 of the 50 states; no freshmen students hail from Mississippi or North Dakota.As the out-of-state freshmen population increases, the percentage of incoming students who went to high school in California has steadily decreased over the past five years. This year, 52 percent of the class is from California.The admission center plans to continue recruiting students by increasing its number of high school visits next year, Brunold said. Representatives from the Office of Admission visited 1,400 high schools while recruiting the class of 2014 — about a 50 percent increase from the previous year.Though the statistics of the class of 2014 will not become official until the third week of classes, Brunold said the numbers are not expected to vary greatly.last_img read more

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MBB : Last time they played: Syracuse 81, UNC Asheville 63

first_img Comments Published on March 13, 2012 at 12:00 pm Syracuse head coach Jim Boeheim had no trouble providing his four freshmen with playing time, but when it mattered most it was his experienced players answered the call.Junior forward Hakim Warrick scored a game-high 18 points and sophomore guard Gerry McNamara added 17 points as No. 17 Syracuse dispatched UNC Asheville 81-63 on Dec. 28, 2003 in the Carrier Dome. The defending national champions improved to 7-1 on the season with the win.Boeheim installed a tight man-to-man defense early in the first half to spark a run. In the first five minutes of the game, SU got two quick steals from junior forward Josh Pace and sophomore guard Billy Edelin to ignite a strong start for Syracuse. During that stretch, McNamara hit a pair of 3-pointers, enabling the Orangemen to jump out to an early 12-2 lead.That allowed Boeheim to give his freshman some reps. The Syracuse coach deployed a rotation of 11 players to put distance on the Bulldogs. UNC Asheville rallied to cut SU’s advantage to 21-16 with 8:07 remaining in the first half, but the Orangemen went on a 13-0 run highlighted by freshman Terrance Roberts’ baseline dunk by to push the lead back to 18.‘We’ve gotten through these first eight games, and everybody’s gotten an opportunity to play a little bit,’ Boeheim said to the Associated Press. ‘I think our veteran guys know what has to be done and are playing at a pretty good level right now. Our young guys will help us in different spots as we go on.’AdvertisementThis is placeholder textA layup by freshman guard Louie McCroskey during that stretch ensured that SU’s lead would never dip below double digits for the rest of the game. And the Orangemen cruised into halftime with a 38-21 lead.After the Bulldogs cut Syracuse’s lead to 62-51 with seven minutes to go in the second half, SU’s stars took over to fuel the Orangemen in the game’s waning moments. McNamara hit his fourth of five 3s and Warrick added a dunk and a layup. Just like that the score was back up to 69-53.The Orange never trailed for the second straight game and extended its winning streak to seven games.Freshman Darryl Watkins hit all four of his field-goal attempts for eight points in a balanced effort for SU, but in the game’s crucial stages it was the veterans that put the game out of reach.‘We need to continue to get the young guys ready to help us, but the veteran guys have played at a pretty high level from the beginning,’ Boeheim said. ‘It’s difficult when we have three or four young guys on the court at the same time. It’s kind of a good experience for them in a way, but they won’t really be out there that much, if at all, the rest of the year.’-Compiled by Andrew Tredinnick, asst. copy editor, adtredin@syr.educenter_img Facebook Twitter Google+last_img read more

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Syracuse rises one spot to No. 7 in men’s soccer rankings

first_img Published on September 5, 2017 at 2:47 pm Contact Nick: nialvare@syr.edu | @nick_a_alvarez Facebook Twitter Google+ After drawing with Princeton and defeating Northwestern last weekend, Syracuse (3-0-1) rose one spot to No. 7 in the United Soccer Coaches rankings Tuesday morning.Seven other Atlantic Coast Conference schools join SU in the top 25, including No. 2 Wake Forest, No. 3 Clemson, No. 6 Notre Dame, No. 8 Louisville, No. 10 North Carolina and SU’s opponent this Friday, No. 11 Virginia.The Cavaliers (3-0) are coming off a 2-1 overtime win Monday night against North Carolina Wilmington. Friday’s matchup marks the start of conference play for both teams.The Orange almost suffered its first loss of the season against Princeton Friday afternoon before John-Austin Ricks scored in the 84th minute to tie the game at one. The goal came when SU was a man-down, an area it has excelled in through four games.Syracuse’s offense scored early and often on Sunday night, defeating Northwestern 3-1 and improving to 244-16-7 when scoring three goals or more in a match. Junior forward Adnan Bakalovic opened the scoring less than a minute into the match when he tapped in a low-cross from freshman Tajon Buchanan. Junior midfielder Jonathan Hagman and Buchanan added the second and third goals, respectively. Comments AdvertisementThis is placeholder textlast_img read more

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