Category: rcutooqh

Category: rcutooqh

first_imgTopics : Google Forgot Password ? Log in with your social account Two city-owned developers Perumda Pembangunan Sarana Jaya and PT Jakarta Propertindo (Jakpro) are in the spotlight in a “preliminary examination” launched by law enforcement authorities into alleged graft in the businesses.The National Police’s Criminal Investigation Department (Bareskrim) has questioned Sarana Jaya officials about alleged graft, while the Corruption Eradication Commission has done the same with Jakpro.“Yes, we are conducting a preliminary examination in Sarana Jaya,” National Police spokesperson Brig. Gen. Argo Yuwono told The Jakarta Post on Thursday.The move was taken after the police received a tip indicating that the company might have been involved in graft and money laundering activities in the purchase of a plot of land to build its zero-rupiah down payment apartment complexes from 2018 to 2020. He confirmed that several … Linkedin LOG INDon’t have an account? Register here BUMD corruption Jakarta-administration KPK DPRD National-Police jakpro Pembangunan-Sarana-Jaya investigation Facebooklast_img read more


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first_img“But, for us, it is not a choice between the two extremes. The discount rate should reflect the nature of the pension deal depending on guarantees, sponsor support, etc. The IORP is just executing this underlying deal.”He noted that, for a fully guaranteed pension deal, the risk-free rate could be applied, and for a pure (collective) DC arrangement, the rate could be based on expected returns.“However, most pension deals in Europe are somewhere in between these two models,” he said.If EIOPA forces all IORPs to use the risk-free rate, “it is ignoring the specifics and conditions of a pensions deal and valuing them as though they were fully guaranteed”, Valkenburg said.He said this happened in some countries with the first quantitative impact study (QIS), where a risk-free rate was applied.“The results exaggerated the funding deficits in some IORPs, but the truth is somewhere between national valuations and EIOPA’s approach,” Valkenburg said.He stressed the importance of getting a “true picture” of a pension arrangement’s liabilities and for plan members, as well as other stakeholders, to understand the implications of conditions attached to the deal.“Both DB and DC risks are currently often not fully understood and not communicated to members sufficiently,” he said.As an example, Valkenburg cites the UK, where pensions are guaranteed, but, in the event of insolvency of the sponsor, they are transferred to the Pension Protection Fund and cut by 10%.“Do members really know about this risk?” he asked.“We are not saying that any kind of deal is good or bad – we just need to get clarity for everyone involved so they have the basis to take action if necessary.”This “taking action” could even be in the form of lawsuits for breach of promise, like some are currently doing in the Netherlands with insurance companies over payments, Valkenburg said.But he stressed that “this is where pensions are different from insurance deals, as the first are an agreement between social partners” and can also be settled within that framework.“This is not only about this generation but also about the next ones, and we are talking about billions of euros worth in promises, most of which still have to be earned,” he said. “And if a slight increase in the retirement age can cause social unrest in France, then this could be worse.“We call for a process starting with clarity, leading to comprehension and from there to conciliation rather than going to court.”To achieve clarity on valuations, the AAE is proposing parameters be set on a national or European basis for ALM studies on liabilities by an independent committee “to prevent biased or too optimistic parameters being applied”.Valkenburg said: “An ALM allows you to make projections into the future development of members and assets of a fund. The HBS approach only shows you the situation at a certain point in time missing the wider point of how a fund can develop in the future.”In an earlier statement on EIOPA’s new IORP stress tests and quantitative assessment, the actuary said that, while HBS was “interesting”, it was “not ready to be used”.“When we take a longer view on pension deals – for example, with an ALM based on reasonable parameters – we will see that most pension deals are not sufficiently financed,” Valkenburg said. However, he pointed out that stakeholders are “not too keen on full disclosure”, adding that “the pain will not go away by just waiting”.And while he thinks the problems are “relatively easy to fix for new accruals”, once clarity has been established, “we still have to deal with promises already made”.On a more technical note, Valkenburg argued that clarity on liabilities also meant no distorting parameters such as the application of a counter-cyclical or matching premium, used under Solvency II, to pension fund valuations.“Let’s not hide reality by using these premiums but rather have the ‘right’ value, an objective value – and if there is a large underfunding, the social partners could then decide to use something like a counter-cyclical premium to define parameters for when to start taking action,” he said. Informing pension fund members about the true value of liabilities is the key to avoiding social unrest in future, according to the Actuarial Association of Europe (AAE).As part of the ongoing debate over which parameters to apply to calculate European IORPs’ solvency levels, the actuaries have compiled a discussion paper calling on regulator EIOPA to push for ‘Clarity before Solvency’.One major demand is for EIOPA to rule out the application of a single discount rate for all IORPs.Falco Valkenburg, chair of the AAE’s pensions committee, told IPE: “The discount rate is very important in EIOPA’s discussions on the holistic balance sheet (HBS), and two types of discount rates are debated – a risk-free rate or a rate based on the expected return on assets.last_img read more


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first_imgSCF Group’s newest LNG-fueled Aframax oil tanker has been named in South Korea. The naming ceremony for the 114,000 dwt Mendeleev Prospect was held at Hyundai Samho Heavy Industries (HSHI) shipyard.Honoured to participate at the naming ceremony of SCF Group new tanker “Mendeleev Prospect” in S.Korea. Proud for the Chamber’s Member-Company to be introducing this new generation tankers. The result of an effort to make the #ShippingIndustry even more sustainable & “Greener”! pic.twitter.com/4LPUYR2HSy— Thomas Kazakos (@ThomasKazakos) November 20, 2018With a length of 250 meters and a width of 44 meters, the newbuilding has a capacity of 132,100 cbm. Mendeleev Prospect currently has a market value of USD 44.11 million, VesselsValue’s data shows.Following the deliveries of Gagarin Prospect and Lomonosov Prospect, Mendeleev Prospect is the third in a series of six Aframax tankers designed to operate on LNG as the primary fuel. The company’s ‘Green Funnel’ Aframax tankers set a new standard of navigation safety as switching to cleaner-burning LNG fuel allows them to significantly reduce the impact on the natural environment. This is particularly important for ships in high-traffic areas such as the Baltic and North Seas where these ‘Green Funnel’ tankers will primarily operate.The Russian shipping company expects to have all six tankers in operation by Q2 2019.In September 2018, Sovcomflot ordered two similar LNG-fueled Aframax tankers from Zvezda Shipbuilding Complex, both of which will then be time-chartered to Rosneft for 20 years respectively.World Maritime News Stafflast_img read more


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first_img Samatta has signed a four-and-a-half year deal, subject to a work permit and international clearance being granted. Read Also: Aston Villa trying to bring back NzonziVilla have been forced to play without a recognised striker since the Brazilian was injured in a New Year’s Day win at Burnley.Samatta’s deal was not completed in time to face Watford on Tuesday in a huge clash at the bottom of the table.Villa are in the relegation zone, but just one point behind the Hornets, who are unbeaten in their last six league games.FacebookTwitterWhatsAppEmail分享 The 27-year-old has scored 10 goals for Genk in all competitions this season, including against Liverpool in the Champions League at Anfield.“I’m really pleased we have managed to bring Mbwana to the club,” said Villa manager Dean Smith.“He has scored goals throughout his career and I’m looking forward to working with him.”Smith was badly in need of reinforcements up front after Wesley was ruled out for the rest of the season due to knee ligament damage. Promoted Content8 Fascinating Facts About Coffee10 Absolutely Stunning Asian Actresses8 Things That Will Happen If An Asteroid Hits Earth20 Facts That’ll Change Your Perception Of “The Big Bang Theory”10 Awesome 2019 Movies You Probably MissedAmazing Bridal Looks From Around The WorldWho Is The Most Powerful Woman On Earth?6 Extreme Facts About Hurricanes7 Ways To Understand Your Girlfriend BetterBirds Enjoy Living In A Gallery Space Created For ThemA Hurricane Can Be As Powerful As 10 Atomic BombsThe Very Last Bitcoin Will Be Mined Around 2140. Read Morecenter_img Aston Villa completed the signing of Tanzanian striker Mbwana Samatta from Genk for a reported £8.5 million ($11 million) fee on Monday.Advertisement Loading… last_img read more


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first_img Loading… The striker bagged three goals during the Super Eagles 2021 Africa Cup of Nations qualifying games against the Republic of Benin and Lesotho to help Gernot Rohr’s men lead Group L with six points. Impressed by the performances of the duo, the former Everton forward and Nigeria football ambassador has picked them as his best players. “I would pick Ndidi first. The young man has shown tremendous quality for Leicester City and has been consistent,” Amokachi said on Brilla FM, per AOI when asked to pick his best Nigerian players. “He is my first choice. I also would pick Victor Osimhen who plays for Lille in the French league. He has been amazing and was very hot even before the break we are observing now. “He knows how to score and how to play the game and has great speed too.” Read Also:Wilfred Ndidi named best ball-holding midfielder in Premier League Both players will hope to continue their imperious performances when football activities, which are currently suspended owing to the coronavirus pandemic, resume. FacebookTwitterWhatsAppEmail分享 Former Super Eagles assistant coach, Daniel Amokachi has rated Leicester City midfielder, Wilfred Ndidi, and Lille forward, Victor Osimhen as Nigeria’s best players. Promoted Content8 Weird Facts About Coffee That Will Surprise YouThis Guy Photoshopped Himself Into Celeb Pics And It’s HystericalWhat Is A Black Hole And Is It Dangerous For Us All?10 Risky Jobs Some Women Do8 Fascinating Facts About Coffee5 Of The World’s Most Unique Theme ParksWhich Country Is The Most Romantic In The World?6 Interesting Ways To Make Money With A DroneYou’ve Only Seen Such Colorful Hairdos In A Handful Of AnimeWorld’s Most Delicious FoodsBest Car Manufacturers In The World9 Most Beautiful Women Of The XX Century Ndidi has been a consistent performer for the Foxes and this season he has featured in 29 games across all competitions despite his struggles with injuries. The efforts of the former Genk midfielder played a key role in the King Power Stadium outfit’s third spot on the Premier League table behind Manchester City and Liverpool. Ndidi also played a key role as the Super Eagles clinched their eighth bronze medal at the 2019 Africa Cup of Nations in Egypt. Osimhen, meanwhile, has been in spectacular form for his French club since his summer switch from Belgian outfit Sporting Charleroi. The 21-year-old forward has scored 18 goals and provided six assists in 38 appearances across all competitions amid other dazzling displays. Osimhen has also been in fine form for the West Africans since making his debut in 2017.Advertisementlast_img read more


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first_img Loading… Promoted Content8 Best 1980s High Tech Gadgets7 Universities In The World Where Education Costs Too Much10 Greatest Disney Female Villains We Love Anyways7 Ways To Understand Your Girlfriend BetterEver Thought Of Sleeping Next To Celebs? This Guy Will Show You7 Worst Things To Do To Your PhoneThis Guy Photoshopped Himself Into Celeb Pics And It’s Hysterical11 Most Immersive Game To Play On Your Table TopTop 7 Best Car Manufacturers Of All Time8 Shows That Overstayed Their WelcomeCouples Who Celebrated Their Union In A Unique, Unforgettable Way8 Superfoods For Growing Hair Back And Stimulating Its Growth Meanwhile, Manchester United are still eager to sign Napoli right-back Giovanni Di Lorenzo and have made an inquiry. Corriere dello Sport claimed United are looking at making an offer for the player, who is currently holding contract discussions with Napoli. read also:Man Utd ahead of Chelsea in race to grab Dembele United were linked with the Italy international during the January transfer window and the reports claim the versatile 26-year-old is still wanted at Old Trafford. FacebookTwitterWhatsAppEmail分享 TodoFichajes report that Dembele will leave Lyon to join up with Ole Gunnar Solskjaer in a €70m transfer. The former Celtic striker has scored 42 goals and 13 assists in 88 games, but his time in France is up.Advertisement Manchester United have an agreement in place with Lyon striker, Moussa Dembele, according to a report in Spain.last_img read more


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first_img Loading… China’s Wu Lei joined Espanyol in January 2019 Read Also: Chelsea boss Lampard pays tribute to Pedro Other Segunda sides are considering potential legal action over arguable invalidity of the last day of fixtures, with Rayo Vallecano previously stating they would push for an investigation. La Liga are expected to make an announcement on Espanyol’s statement in the coming days, but a reversal on promotion and relegation unlikely. FacebookTwitterWhatsAppEmail分享 Promoted Content6 Incredibly Strange Facts About HurricanesA Hurricane Can Be As Powerful As 10 Atomic BombsWhich Country Is The Most Romantic In The World?This Guy Photoshopped Himself Into Celeb Pics And It’s Hysterical7 Theories About The Death Of Our UniverseA Soviet Shot Put Thrower’s Record Hasn’t Been Beaten To This DayThe Highest Paid Football Players In The World10 Absolutely Stunning Asian ActressesTop 10 Iconic Personalities On TV NowGorgeous Asian Actresses All Men Are Crazy About2020 Tattoo Trends: Here’s What You’ll See This YearWho Earns More Than Ronaldo?center_img Newly relegated Espanyol have controversially called for La Liga promotion and relegation to be removed this season due to the current exceptional scenario. The Catalan side suffered top-flight relegation for the first time since 1994, after a disastrous end to the 2019-20 season at the RCDE Stadium. The Segunda Division promotion race also ended in disputed circumstances with the cancellation of Deportivo la Coruna’s clash with Fuenlabrada, following positive Covid-19 testing of Fuenlabrada players. La Liga initially ruled all final day results will stand, with Deportivo relegated and Fuenlabrada missing out on a play-off spot. Espanyol’s announcement has been met with criticism, as per reports from Diario AS, with accusations of self interest due to their drop into the second tier.Advertisementlast_img read more


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first_img Press Association City underlined their status as kings of Manchester after Chris Smalling handed them three points on a plate with two moments of madness at the Etihad Stadium. Sergio Aguero scored his 12th goal of the season to hand City a 1-0 victory over their bitter rivals Manchester United, but their task was made a lot easier thanks to Smalling’s dismissal for two silly fouls. The England defender earned his first booking on the half hour for blocking Joe Hart’s attempted clearance from point-blank range and less than 10 minutes later he was shown yellow again for a reckless foul on James Milner. The victory means City have now won four Manchester derbies on the bounce – something that had not been achieved for 44 years. It had been suggested before the match that City’s recent poor form meant they no longer enjoyed the supremacy over United that they had enjoyed since Sheikh Mansour started pouring cash into the club. But this result, which puts City seven points ahead of their cross-city rivals, suggests otherwise. City failed to show the same killer instinct that Chelsea have shown for most of the year, but they probably should have had at least one penalty. Michael Oliver waved away shouts for fouls on Yaya Toure, Aguero and a hand ball by Daley Blind – among others. The result means Manuel Pellegrini’s three-match winless streak has now come to an end and the Blues are within two victories of the Barclays Premier League leaders with over a quarter of the season gone. Louis van Gaal never looked like winning his first Manchester derby once Smalling was sent off and his team lacked a cutting edge up front despite the return of Wayne Rooney. Van Gaal’s lack of options at the back was clear throughout. He ended the match with Michael Carrick and Paddy McNair at centre-back after Marcos Rojo was carried off on a stretcher with what looked like a serious injury. Van Gaal did his best to fan the flames ahead of the match by insisting United remained the biggest club in Manchester despite City’s recent success. And the bitter rivalry between the two clubs was evident from the heated atmosphere inside the stadium. Van Gaal wanted his team to quieten the home fans with an early strike, but they barely got a sniff of goal in the first 20 minutes. Despite the pre-match hype and bubbling atmosphere, the first quarter turned out to be something of an anti-climax. City were made to chase United, who had the majority of possession but did not do anything with it. Pellegrini barked orders at the edge of his area, clearly concerned with his team’s performance. The hosts responded with a threatening blitz on the United goal. Aguero accelerated towards goal, only to be chopped down by Rojo. The City striker got the better of his international team-mate moments later but David de Gea saved well. De Gea denied Jesus Navas from close range and moments later he made a brave save to deny Aguero. United were under the cosh. Blind desperately hacked down Toure to prevent the midfielder from unleashing a shot on goal. The Dutchman went into the referee’s book and Smalling soon followed him for stopping Hart booting the ball from his hands – an act seen more on school playgrounds than in top-flight matches. Hart somehow avoided sanction even though he appeared to nudge his head towards Oliver’s. Then came a moment of pure madness from Smalling. Eight minutes after his first booking, the England defender wiped out Milner with a sliding tackle and he received a second yellow. Smalling trudged off the pitch. Van Gaal could barely look at the former Fulham man after the error. Van Gaal brought Carrick on to play at centre-half and Adnan Januzaj made way. City sensed blood and went in for the kill. They were unlucky not to go in at the break ahead. Oliver waved play on even though Marouane Fellaini knocked Aguero over and the referee waved away City’s protests in injury time when Rojo kicked Toure in the box. After the break it was much the same story as City had three more penalty shouts rejected. The hosts launched wave after wave of attack and United were struggling to cope United’s troubles then deepened when Rojo was carried off on a stretcher after a rash sliding tackle. With Carrick and teenage defender McNair now operating at centre-half for United, it seemed inevitable City would score. That moment arrived just after the hour. Di Maria failed to cut out a pass from Toure to Gael Clichy and he squared for Aguero, who tapped in from close range. United briefly came back in to the game. Robin van Persie tested Joe Hart from close range and the England goalkeeper had to be alert to deny Fellaini, who had slipped into the box after a superb ball from Angel di Maria. But City, thanks to their numerical superiority, remained very much in charge. De Gea pulled off another top save to deny Stevan Jovetic and Navas struck the woodwork. Then, all of a sudden, the nerves started to kick in for City. Di Maria blasted a low shot just wide before Fellaini somehow headed wide from eight yards when he was unmarked. City then calmed down and controlled possession to see out the win, which will do wonders for their morale. last_img read more


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first_imgTHE Guyana Motor Racing and Sports Club (GMR&SC) will this evening elect office-bearers for the 2017/2018 year at its annual general meeting billed for the Club’s headquarters at Albert Street, Thomas Lands.Incumbent president Mahendra Bhoodoo will contest the position with a slate which features Johnny Carpenter as vice- president, John Bennett as secretary, Hansraj Singh as treasurer and Noel Shewjattan as assistant secretary/treasurer.Current president Mahendra Bhoodoo will be looking to win re-election.Club captain will be Azim Jaffar with the technical adviser Brian Ten Pow, and committee members Mark Vieira, Doana D’Ornellas, Paul Jiwanram, Harold Hopkinson, Azaad Hassan and Mark Vieira.Slate two will feature Rameez Mohammed as president with Hansraj Singh as his deputy, Azim Jaffar as secretary, Rupie Shewjattan as treasurer and John Bennett as assistant secretary/treasurer.On that slate, Sunil Persaud is running for club captain while Brian Ten Pow is the technical adviser and committee members are Mark Vieira, Joel Evans, Kamal Seebarran, Paul Jiwanram and Azaad Hassan.Slate three will feature Mohamad Roshandin running alongside Jad Rahaman with Sunil Persaud as club captain, Graham Ally as treasurer, Malcom Harrripaul as secretary and Bruce Pestano as assistant secretary/treasurer.Mohamad RoshandinTen Pow is the proposed technical adviser with Marcel Proffit, Carlos Rodrigues, Paul Fraser, Wayne Vieira and Johnny Carpenter as the committee members.AGM begins at 19:00hrs.last_img read more


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first_imgUSAIN Bolt and his All Stars completed a clean sweep of the inaugural Nitro Athletics series yesterday, with Bolt winning the 150-metre race in his only solo appearance of the three-night meet.With Asafa Powell and Bolt — the former and current 100-meter world record holders — running the opening two legs of the deciding 4×100-meter mixed relay, the All Stars ensured they made up a 38-point deficit on Australia to finish first overall in the team event that also included England, Japan, New Zealand and China.Eight-time Olympic champion Bolt won the 150 in 15.28 seconds.The Nitro meet featured mixed relays, sprints over non-traditional distances and elimination mile races where the last-placed runner at the end of each lap was eliminated.“I’m happy, that was great,” All Stars captain and coach Bolt said after the team win. “I said ‘we were going to push, we were going to push’ and that’s what we did.”On Friday, IAAF president Sebastian Coe said he was a big fan of the Nitro concept.“I saw engagement, I saw fun and laughter and that’s what the sport has been missing for a long time,” Coe said. “It was a terrific start. It’s an obvious thing to say but unless we innovate we’re going to become less and less relevant and we can’t afford to do that.”Nitro was developed by former Australian 400-metre runner John Steffensen and Athletics Australia, while Bolt is also a key figure and holds an equity stake in the concept.The event — with Bolt headlining — is likely to return to Australia in 2018.last_img read more