fskchydde

New York to mark 9/11 anniversary amid the coronavirus pandemic

first_imgOffices empty until 2021? Gale Brewer, president of borough of Manhattan, recognizes that the island renowned for its hustle and energy now faces an array of problems.Some of these stem directly from the coronavirus pandemic: almost all the white collar workers, such as bankers, traders and insurance employees, have been working from home since March. This has emptied Manhattan’s business hubs, leaving thousands of small stores and restaurants without customers.Boris Tulchinskiy, a 26-year-old software engineer, misses Manhattan but expects to “keep working from home” in neighboring New Jersey until July 2021.If the more than 60 million tourists who visit New York every year have gone, so too have New Yorkers, fleeing the city by the thousands. At least 35,000 people have moved out of Manhattan, judging by requests for absentee ballots for November’s presidential elections, Brewer said.Many businesses are now shuttered: between 2017 and 2020, the number of vacant commercial spaces has almost doubled, up by 78 percent, she said.Homeless people are now more visible due to the closure of numerous shelters for health reasons, and the transfer of almost 13,000 to live in less contagious conditions in Manhattan’s vacant hotels.The rise in homicides and shootings — up 47 percent and 166 percent in August, compared with the previous year — is one of the more striking aspects of the crisis hitting the city.Even if it is still far below the endemic levels of crime that plagued the city in the 1970s and 80s, New York, which prided itself on being one of the world’s safest cities, has now slipped back to 2012 crime levels, the New York Times reported. With crime on the rise, shops and apartments increasingly vacant and homeless people on the sidewalks, New York on Friday will mark the 19th anniversary of the September 11, 2001 terrorist attacks in the middle of the coronavirus pandemic and a bitter fight with the White House.The city will hold its annual ceremony in memory of the nearly 3,000 people who died in the bloodiest terrorist attack in US history, punctuated by a minute’s silence at the exact moments that Al-Qaeda jihadists crashed two hijacked airplanes into the World Trade Center towers.Instead of reading out the roll call of the dead, this year the families of victims have recorded themselves. But they will still be present at the “Ground Zero” memorial.  The site museum will also open for the first time since the novel coronavirus brought the city to a standstill in March. Almost two decades after the attacks, September 11 remains synonymous with New York’s heroism and resilience. City leaders have emphasized the latter in the past months as the-19 infection rate — which killed 23,00 people here, the early epicenter of the disease in the United States — has been lowered to under one percent.New York state Governor Andrew Cuomo on Tuesday reminded New Yorkers that their resilience is likely to be tested once again by the social and economic “after-effects” of the pandemic. Trump wants to ‘kill New York’ “I can’t tell you how many phone calls I get from people especially in New York City, who are literally worried about the degradation of New York City,” governor Cuomo said Tuesday.Even as the city shows signs of revival — which include museums reopening in late August and restaurants welcoming diners inside in late September — its full recovery could take up to three years, Brewer said, citing the estimates of realtors.In the meantime, and less than two months from one of the most bitterly fought presidential contests in history, the crisis has become the focus of a dispute with Republican President Donald Trump.The native New Yorker, who made his name in real estate, insists that the rise in crime in the Democratic bastion is due to the incompetence of its leaders. On Tuesday he once again accused the mayor and the governor of “destroying” the city.New York officials in turn slammed Trump’s refusal to free up billions in emergency federal funds to help the city through the worst of the crisis.”Trump is actively trying to kill New York City. It is personal. I think it’s psychological,” Cuomo said. “He is trying to kill New York City.” Topics :last_img read more

fskchydde

Forestdale rentals prove few and far between

first_img17 Nottingham Ct, Forestdale is one of the few rentals in the suburb currently on the market.WHEN it comes to renting a house in the Albert and Logan region, Forestdale and Park Ridge South would cost you the most.The suburbs have a median asking rent of $550, according to data from CoreLogic, the two highest median rents in the region.More from newsParks and wildlife the new lust-haves post coronavirus19 hours agoNoosa’s best beachfront penthouse is about to hit the market19 hours agoThe high prices in Forestdale could be due to not many vacant homes sitting in the rental pool.Just 6.3 per cent of the suburb’s homes are currently rented out, with the vast majority of residents owning their homes outright or paying off mortgages. The majority of homes in the suburb are also on larger blocks, which traditionally are more popular with owner-occupiers. Park Ridge South also has a lot of large acreage properties. Median house rents were the cheapest in Logan Central at just $320 a week, followed by Kingston at $325 a week. Logan Central also had the second highest proportion of renters at 56.8 per cent.Loganlea was also a very popular suburb for rentals with 57.4 per cent of homes in the suburb currently rented out, which is the highest proportion across the Albert and Logan region.last_img read more

fskchydde

​LAPFF claims IFRS 9 adviser misapplied EU law

first_imgHe goes on to argue that IFRS 9 now has so many question marks hanging over it that it has become a lame duck standard – even before its introduction.Cllr Quinn warned that defects in the IFRS 9 endorsement process leave both the European Commission and the UK regulator, the Financial Reporting Council, open to the threat of legal action from investors.The IASB launched its bid to replace its existing financial instruments accounting standard, IAS 39, in 2009.Critics of IAS 39, the standard it replaces, argue that its incurred-loss impairment model has caused banks to recognise losses too late.Although the IFRS 9 project started out life as a joint effort with the US FASB, the US standard setter largely walked away from the effort.That move on the part of the FASB has complicated the IASB’s bid to become the world’s single global accounting standard setter.In a further twist, critics of the IFRS 9 have jumped on the fact the FASB has adopted a more forward-looking model that requires banks to recognise full upfront lifetime losses.Meanwhile, the LAPFF, together with a growing investor coalition, has turned into a vocal critic of the IASB’s efforts.The LAPFF is an umbrella body for some 65 UK public sector pension fund members, with approximately €235bn in total assets under management.In June 2013, the LAPFF, Threadneedle Investment and USS Investment Management released a legal Opinion from George Bompas QC.This move emboldened those investors who believe IFRS puts too little focus on protecting the interests of capital providers as required under UK company law.That row was reignited earlier this month when the LAPFF sought a second Opinion from Mr Bompas, who again concluded that company accounts prepared using IFRS fail to provide a true and fair view of its financial position.Nor, he added, do they allow companies to assess how much of their profit each year is available for distribution to shareholders.The FRC, however, has long rejected these claims, dismissing them as “misconceived”.Instead, it has urged investors to engage with the IASB’s conceptual framework project and the debate over the role of prudence in accounting.Central to the LAPFF position set out in its 23 September letter is the claim by EFRAG in its endorsement advice to the Commission that IFRS 9 is “not contrary to the principle of [sic] ‘true and fair view’ set out in Article 4(3) of Council Directive 2013/34/EU”.The LAPFF position is that the IAS Regulation, which is the legal basis for the adoption of accounting standards within the EU, in fact uses quite different words that carry another meaning entirely.The LAPFF wrote: “[W]hat Article 4(3) of the said Council Directive actually says is ‘The annual financial statements shall give a true and fair view of the undertaking’s assets, liabilities, financial position and profit or loss.’”The Directive continues, the LAPFF noted: “Where the application of this Directive would not be sufficient to give a true and fair view of the undertaking’s assets, liabilities, financial position and profit or loss, such additional information as is necessary to comply with that requirement shall be given in the notes to the financial statements’.”The LAPFF concluded: “The Directive and Regulation is clear that the principle at stake is a true and fair view of the specified numbers and [that] disclosure backs up the correct numbers.“This matters because there is a big difference between disclosure needed to back up correct numbers, and disclosure compensating for the wrong numbers.”Alongside those requirements, the Directive and the IAS Regulation also set out the IFRS endorsement criteria.The regulation requires that an IFRS be “not contrary to the principle set out in Article 4(3) of Council Directive 2013/34/EU and … conducive to the European public good”.In addition, each IFRS must “meet the criteria of understandability, relevance, reliability and comparability required of the financial information needed for making economic decisions and assessing the stewardship of management”.In the past, MEPs have highlighted the potential scope for a conflict of interest within Europe’s accounting institutions.In a statement last year, former ECON Committee chairman Sharon Bowles warned that funding for the IFRS Foundation had strings attached.“My parliamentary colleagues have done a great job in highlighting the much-needed reform of these accounting quangos, which will improve public confidence in how accounting standards are implemented in Europe,” she said.“We have, for the first time, shone a light on how bodies such as the IFRS Foundation and EFRAG are constituted and governed, which has not made for pretty reading.“Any potential conflicts of interest have to be weeded out, and, if they are not, then the Parliament has shown it has the power to withhold funding, which sends a powerful message.” The UK Local Authority Pension Fund Forum (LAPFF) has upped the stakes in its bid to persuade the European Union to block the introduction of International Financial Reporting Standard 9, Financial Instruments (IFRS 9) across the bloc.From 1 January 2018, IFRS 9 will become the new accounting rule that EU banks will have to follow as the basis for their reporting.In a strongly worded letter to the EU commissioner for Financial Stability, Financial Services, Jonathan Hill, LAPFF chairman councillor Keiran Quinn has now accused the EU’s advisory body on technical accounting matters of having misunderstood European law.Cllr Quinn writes: “[W]e do not believe EFRAG should have progressed to final endorsement advice without a revised draft of its endorsement advice.”last_img read more

fskchydde

Shipping Industry Wants Beaching Yards on EU List

first_imgAfter the Chinese government decided to stop the import of end-of-life ships for scrapping, the shipping industry believes that there will not be enough recycling capacity.The NGO Shipbreaking Platform said that the industry is of the opinion that there will be too few options for them under the EU list of approved recycling facilities.All vessels sailing under an EU flag will eventually be required to use an approved ship recycling facility, once the EU Ship Recycling Regulation comes into effect on December 31, 2018.The current edition of the EU list of approved ship recycling facilities only features yards situated in Europe and has a capacity of around 300.000 light displacement tonnes (LDT). The European Community Shipowners’ Associations (ECSA) said that this is far from the 2.5 million LDT mentioned in the Regulation.Therefore, the shipping industry claimed that the standard set by the EU must be lowered so that beaching yards can be approved.“We only have another six months to go before the regulation will come to effect and oblige the European flagged ships to be dismantled in the facilities on the EU list. There is no time to waste but new, also outside-EU, yards that comply with the EU Regulation should urgently be accepted on the list,” Martin Dorsman, ECSA Secretary General, said.However, the NGO Shipbreaking Platform explained that there are still other facilities outside the EU, as well as those operating in Italy and Norway, which are expected to be included on the list before the application of the Ship Recycling Regulation.“As much as it is a pity that the Chinese yards who have already made efforts to be included on the list may now no longer be receiving EU-flagged ships for recycling, the Platform has calculated that the facilities which are currently on the list, the 21 EU-based ones only, are in fact sufficient to recycle the entire EU-flagged fleet at end-of-life,” the NGO Shipbreaking Platform added.“Indian beaching yards that have applied to be on the EU list will not be included as there is no way for these yards to comply with the requirements of the Regulation as long as ships are beached,” the Platform concluded.last_img read more

fskchydde

Warren wants Man Utd to host Fury,Wilder 3 to fulfil Gypsy King’s dream

first_img Promoted ContentWhich Country Is The Most Romantic In The World?The New Lara Croft Will Really Surprise YouWho Is The Most Powerful Woman On Earth?2020 Tattoo Trends: Here’s What You’ll See This Year7 Ways To Understand Your Girlfriend BetterIs This The Most Delicious Food In The World?Can Playing Too Many Video Games Hurt Your Body?10 Risky Jobs Some Women Do10 Phones That Can Work For Weeks Without RechargingThis Guy Photoshopped Himself Into Celeb Pics And It’s Hysterical8 Things To Expect If An Asteroid Hits Our PlanetYou’ve Only Seen Such Colorful Hairdos In A Handful Of Anime Frank Warren has called for Deontay Wilder to fulfil Tyson Fury’s dream of fighting at Old Trafford if he wants a trilogy of bouts with the Gypsy King. Wilder was totally out-boxed by Fury in Las Vegas The American is set to invoke a clause in a deal that will see the rivals clash yet again despite taking a battering in Las Vegas at the weekend. Fury, 31, snatched the Bronze Bomber’s WBC title belt after demolishing him with a stunning seventh-round TKO. And after being medically cleared to fight again, Wilder wants to step back inside the ring with Fury for a shot at redemption after blaming his 45-pound walk-on outfit for his performance. Fury has already admitted how he is eyeing Vegas’ 70,000-capacity Raiders Stadium as the ideal venue to host the scrap. But Warren insists the fight should now give Fury the chance of fulfilling his dream by fighting in front of his own fans at the home of Manchester United. In a column published on the Metro, he said: “Shelly Finkel (Wilder’s promoter) rang me the morning after the fight to tell me they would probably invoke the immediate rematch. “If that is the case, I think we’ve got to do the fight in the UK. Have it as Tyson’s homecoming. “He deserves the chance to fight as a WBC world champion in front of his home fans. “I’d love to do it in Manchester at Old Trafford. That’s always been a dream of Tyson’s.” Warren also added how Fury would prefer to see the back of Wilder and instead focus on becoming an undisputed heavyweight champion of the world by defeating Anthony Joshua. He added: “Directly after the fight Tyson said he’d love to do the unification fight with Anthony Joshua. “That’s his next target. He wants to unify the belts, but he’s prepared and happy to fight Wilder again. Read Also:Solskjaer invites Tyson Fury to address Man Utd squad “Everyone wants to see Fury vs Joshua. It’s an easy fight to make if it’s a 50/50 split. When is the next time we’ll have two British heavyweights holding all the belts between them? “If there’s a deal to be done, we will sit down and discuss it. It’s a unique opportunity to make an incredible fight.” FacebookTwitterWhatsAppEmail分享 center_img Loading… last_img read more

fskchydde

Lady Cats And Lady Chargers Battle On The Court

first_imgThe Franklin County Lady Wildcats were defeated by The North Decatur Lady Chargers in Varsity Volleyball action 25-20, 25-21, 25-20.  FC JV won 25-20, 25-17.These girls need to learn to move on from their mistakes. They will come together and figure it out. Kaitlyn Obert had 2 ace serves and 4 digs. Meredith Bohman had 5 kills. Kendall McCool had 7 assists. Megan Getz had 11 digs.They are back in action Saturday as they travel to the Madison Tournament. They will also host East Central Monday. The Lady Wildcats need your support.Courtesy of Wildcats Coach Tanya Wirtz.The JV Lady Cats captured the win in 2 sets. This is the very first time we have achieved this!! Sydney Graf lead the team with 5 kills, 1 dig and 2 aces. Makyah Richardson added 2 kills and 1 dig. Lilli Stewart added 1 kill and 2 aces. Jalynn Rogers had 5 digs. Kelsey Vail added 3 digs. These girls keep achieving new goals every time they step foot on the court.We host EC on Monday at 5. Come out and show your Wildcat pride and cheer these girls on to another EIAC win.Courtesy of Wildcats Coach Jill Mergenthal.last_img read more

fskchydde

Tyson Fury forks out £1.5m to settle court case

first_imgRelatedPosts Tyson Fury to Anthony Joshua: Don’t risk fighting Usyk Anthony Joshua wants Tyson Fury, Wilder fight Joshua: Tyson Fury won’t distract me Tyson Fury has forked out £1.5 million to settle a court case with his old promoter Mick Hennessy. The Gypsy King agreed to pay Hennessy after he claimed a breach of contract. Fury made his debut in 2008 on a Hennessy card before going on to fight under his promotional banner when he won the world title from Wladimir Klitschko in 2015. He would then go on to have two years away from boxing as he battled mental health issues. But he has returned triumphantly with new promoter Frank Warren, with a win and a draw in his two fights with heavyweight rival Deontay Wilder. Hennessy went about legal action after he felt the 31-year-old has ignored the terms of their original agreement. The fight was set to be heard by the courts before the pair settled their differences, thanks in part to a hefty pay off. A source told the Sun : “Both Tyson and Mick thought they were in the right. “Mick brought legal action and Tyson decided it was easier to settle rather than go through a drawn-out legal battle. “Both are happy they are now able to move on.” Fury’s net worth is now £70 million with a trilogy bout against the American coming up before a potential all-British contest against Anthony Joshua. Hennessy was previously very complimentary about the Gypsy King, having said: “Tyson was the highest-profile fighter who stuck with me through really tough times. “He showed what he is made of, which is unique. It was loyalty.” Fury admitted last year in his book though that the pair no longer spoke which was “very sad”.Tags: Deontay WilderFrank WarrenHennessyThe Gypsy KingTyson FuryWladimir Klitshckolast_img read more

fskchydde

Sessegnon stars in Baggies win

first_img Sessegnon, who joined the Baggies in an acrimonious deadline day move from Wearside earlier this month, struck after 20 minutes as Sunderland lost at The Hawthorns to remain bottom of the Barclays Premier League. Liam Ridgewell secured victory with a second goal 14 minutes from time before another impressive new signing in Morgan Amalfitano added a third in injury time. Press Association It proved a dismal afternoon for the Black Cats, who only had 10 men for the closing 15 minutes after Steven Fletcher was forced off injured with all substitutes having been used. The result is sure to pile the pressure on Sunderland manager Di Canio, who made the controversial decision to sell the popular Sessegnon. There was clear irritation among the visiting fans after the final whistle was blown but Di Canio approached them to applaud and gesticulated they should keep their chins up. Yet while his side have just one point, opposite number Steve Clarke could breathe a sigh of relief after finally securing a first win. Sessegnon, whose debut had been delayed by red tape, did the business for him in an impressive first appearance. His name was read out to loud cheers from both sets of supporters prior to the match and, perhaps inevitably, he needed little time to make his mark. He was in the right place to tuck home the opening goal after the hosts had broken down the right in the 20th minute. Amalfitano crossed for Scott Sinclair and his firm header was parried by Keiren Westwood in Sessegnon’s direction. Sessegnon could not pass up the invitation and turned the ball past his former team-mate but he pointedly refused to celebrate as his new colleagues rushed to congratulate him. Sunderland, who had previously looked good in possession but without a cutting edge, almost equalised immediately as Adam Johnson found himself unchallenged in the area but Jonas Olsson recovered to deflect his effort wide. In what became a lively spell, Marseille loanee Amalfitano cut inside from the right and unleashed a powerful shot which might have troubled Westwood but for a deflection diverting it onto the bar. West Brom were awarded a corner which fortunately for referee Phil Dowd came to nothing as replays suggested the deflection had come off a home player. Nicolas Anelka threatened as West Brom broke again down the right but Modibo Diakite got back to clear the veteran striker’s ball into the middle. Fabio Borini, making his first Sunderland start since signing on loan from Liverpool, looked lively but without service and he lost out to Baggies goalkeeper Boaz Myhill chasing a through-ball. The opening to the second half was subdued but the game was again enlivened by Sessegenon, who turned sharply on the left corner of the area only to blast high and wide. At the other end Craig Gardner found room to shoot from distance but could not keep his effort on target. Sunderland substitute Jozy Altidore wanted a penalty for handball in the 65th minute after cleverly shifting his balance to take a Charis Mavrias cross and get a shot in. Olsson flung his body in the way to block and Altidore claimed it had struck his hand but referee Phil Dowd was not interested. Chances started to come thick and fast and Anelka had a good headed chance deflected narrowly wide from a Billy Jones cross. Sunderland countered but luck was again against them as Fletcher not only volleyed narrowly over stretching to reach Johnson’s cross, but landed awkwardly on his shoulder. He received lengthy treatment but was unable to continue and, with all three substitutes having been used, Sunderland had to play on with 10 men. They were punished further moments later as Westwood failed to deal effectively with another Amalfitano cross, palming it into the path of the on-rushing Ridgewell, who finished clinically. Amalfitano wrapped up the scoring with a fine strike which rewarded his efforts after being picked out on the right by Victor Anichebe. Stephane Sessegnon hit back at Paolo Di Canio with a debut goal for West Brom to push former club Sunderland to another defeat as they were beaten 3-0.last_img read more

fskchydde

Louis van Gaal tells critics: Old Trafford was not always Theatre of Dreams

first_img “We have to improve that and I hope we shall score against CSKA Moscow but I know it is very difficult because they are very organised and they shall play more defensively than Crystal Palace.” The fact that United’s goal drought has coincided with Van Gaal’s decision to move Wayne Rooney back up front has not gone unnoticed. Ruud van Nistelrooy, one of the most famed goal scorers in United’s history, claims Anthony Martial is far more suited to the central striker’s role at United, and with the fantastic start the Frenchman has made at Old Trafford, few would argue against the former Holland forward. But Van Gaal has not lost any faith in Rooney, who turned 30 last weekend, even though he has scored just two Premier League goals this season. “I have still confidence in Wayne Rooney,” Van Gaal said. “Wayne Rooney is a fantastic player so expectation is much higher than another player in another club, but you have to also give players time to come back in a certain shape and that is what we are doing and I have confidence in this player but he gives also more than only scoring goals. “He is our captain but also an example for the whole team. He has more credits than any other player. I have explained that to the group already one-and-a-half years ago.” Alan Shearer has suggested Rooney should be given a fortnight off to “recharge his batteries”. Interestingly, Van Gaal would not rule out the possibility of giving Rooney time off in the future. “Yes, but not only for Wayne,” Van Gaal said when asked if he would consider giving Rooney a break. “I have done that for all my players. I have done that, for example Paddy McNair was a week in Ireland last week. “When we think it is better, I do that. It is not a big issue for me because even when I was a very young trainer-coach I did it with Jari Litmanen, he had problems in the months of November and December, so I did it. I sent him on holidays. “That is not a big issue for me but it is more a big issue for the players. They are not so easy to convince.” Morgan Schneiderlin missed training on the eve of the game against CSKA because of a “personal issue”, but could be available for selection. Phil Jones trained away from the rest of the squad on Monday morning, but is available. Memphis Depay also trained separately from the group, but is not expected to feature at Old Trafford. If United fail to score in Tuesday’s Champions League match against CSKA Moscow, it will be the first time they have drawn a blank in four consecutive games since 1992. A host of former players, most notably Paul Scholes, have criticised Van Gaal for his tactics and some supporters have bemoaned the often dull style of play. But Van Gaal has reminded his doubters that United have not always enjoyed unbridled success. “I have seen periods and tendencies in Manchester United like in other clubs. It was not always the big Theatre of Dreams,” the United manager said. “I am sorry to say that, but it is logical also so now we are making hopefully history but it takes time. “I have said that before. “It is only a moment in the process. We have stood first in the Premier League. “Now we have a bad period when you don’t score because football is (about) scoring goals. United topped the table at the end of September, but their form has dipped of late. Van Gaal’s men have recorded three consecutive 0-0 draws against Manchester City, Crystal Palace and Middlesbrough, who knocked United out of the Capital One Cup on penalties after the stalemate. Press Association Louis van Gaal has hit back at his critics again, reminding them that Old Trafford “was not always the Theatre of Dreams.” last_img read more

fskchydde

Assam Legislative Assembly Speaker Hitendra Nath Goswami inaugurates AITA Tennis

first_imgOur Sports ReporterGUWAHATI: ONGC-AITA Tennis Championship got under way at the Jorhat Tennis Club today.Hitendra Nath Goswami, Speaker, Assam Legislative Assembly inaugurated the meet. In his inaugural address Goswami stressed on the role that sports and games play in building up the mental and physical abilities of an individual. “It is encouraging to see that the players are performing well at the National and International level as the results of the recently concluded Asian Games have shown,” said Goswami.Raktim Saikia, President of the All Assam Tennis Association, was also present in the function. In his speech Saikia gave importance of conducting such tournaments for the betterment in performance of the junior players of the state. Saikia added: “Local players are getting exposure in their home ground and also garnering valuable National Ranking Points. We are also getting the results as our junior players are now regularly performing well at the national and international tournaments.”last_img read more