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Govind Pansare murder: Kolhapur court remands Amol Kale in police custody

first_imgThe Kolhapur district and sessions court on Thursday remanded Amol Kale, a key accused in the murder of journalist Gauri Lankesh, in police custody till November 22 in the case of murder of Communist leader and writer Govind Pansare. The Special Investigation Team (SIT) of the Maharashtra police, probing Pansare’s murder, secured his custody from the Bengaluru central prison on Wednesday. Kale, along with the other accused Rajesh Bangera and Amit Digwekar, is lodged there in the Lankesh murder case. Government prosecutor Shivajirao Rane requested the court that Kale be remanded in police custody for 14 days because the SIT’s investigation revealed his involvement in the murder of Pansare. “The SIT has gathered information on Kale’s stay in Kolhapur in November-December 2014, before the murder of Pansare (on February 16, 2015). It is necessary to determine how Kale hatched the conspiracy that led to the death of Pansare, where in Kolhapur he received training in firearms, who were his accomplices and what were his past links with the city,” Mr. Rane said. After hearing arguments by the defence against police custody, Judge S.S. Raul remanded Kale in police custody for seven days. Kale is also a suspect in the murder of rationalist Narendra Dabholkar. The CBI has interrogated him in the case. In September, the CBI gave the green signal to the SIT to question him in the Pansare killing.Pansare and his wife Uma were repeatedly shot at by motorcycle-borne assailants as they returned from a morning stroll at Sagar Mal at Kolhapur. While Ms. Pansare survived the attack, her husband succumbed to wounds at Breach Candy Hospital in Mumbai on February 20. In June this year, the Karnataka SIT, probing the Lankesh case, chanced upon a diary allegedly belonging to Kale. It allegedly contained a ‘hit-list’ of progressive and secular thinkers, who were critics of radical Hindutva ideas. The list contained the names of the relatives of Pansare and Dabholkar. After questioning Kale in the Dabholkar case, the CBI alleged that the motorbike and the murder weapon used in the killing of the rationalist were supplied by Kale and that he was one of the key conspirators. Kale, alleged to be a former activist of the rightwing Hindu Janjagruti Samiti (HJS), was first arrested in May this year in the Pimpri-Chinchwad area of Pune by the Karnataka SIT in the Lankesh murder case. The agency suspects Kale has masterminded the murder of Dabholkar, suggesting that he and Sachin Andure, alleged to be the main shooter in the Dabholkar killing, had met in Aurangabad district and stayed in a lodge there. In January this year, the Kolhapur sessions court granted conditional bail to radical Hindutva activist Virendra Tawde, named as the mastermind in the Dabholkar murder, in the Pansare case. According to probe agencies, Tawde is a crucial link to the murders of Pansare and Dabholkar. The SIT’s supplementary chargesheet even names Tawde as ‘mastermind’ in the Pansare murder, suspecting him of conducting the reconnaissance before the murder. Motorcycle-borne assailants killed Dabholkar on August 20, 2013, with a 7.65-mm country pistol when he was taking his morning stroll on the Omkareshwar Bridge in Pune. Pansare and wife Uma were shot with two 7.65-mm country weapons. The same modus operandi was used in the murder of rationalist M.M. Kalburgi by two persons outside his home in Dharwad, Kanataka.last_img read more


Capital contest: AAP slides; BJP, Congress fancy chances

first_img But what perhaps has been the most regular feature of the Delhi government has been the confrontation with the Lieutenant-Governor, who represents the Centre.From posting officials to notifying Bills passed by the Delhi Assembly, Mr. Kejriwal accused the L-G’s office of being the stumbling block in the functioning of an elected government in Delhi. Accusing the Centre of preventing an elected government from doing its job, the AAP’s manifesto now focusses on attaining full Statehood where the State government can acquire control of law and order and other key Ministries without any interference from the Centre.The AAP has also focussed on its successes such as improving the quality of education in government schools and impressive mohalla (neighbourhood) clinics.Key candidatesThough the party has announced candidates to all seven Lok Sabha seats, the focus is likely to be on candidates like Atishi Marlena Singh, the brain behind the revamped Delhi government schools, contesting against cricketer-turned-BJP candidate Gautam Gambhir and the Congress’s Arvinder Singh Lovely from East Delhi.The other key candidate is the party’s South Delhi contestant, Raghav Chadha, who is locked in a three-cornered fight between outgoing BJP MP Ramesh Bhiduri and boxing champion Vijender Singh, who is now the Congress candidate.After alliance efforts with the AAP failed, the Congress has fielded senior leaders, including former Chief Minister Sheila Dikshit from North East Delhi against Delhi BJP chief Manoj Tiwari and former Union Minister Ajay Maken against the BJP’s Meenakshi Lekhi. With the Assembly election in Delhi about eight months away, the Congress has decided to target the AAP on its development record and bring out a report card.The Congress believes it can win back the voters that it lost to the AAP in Delhi almost five years ago. That also explained why a section of the Delhi Congress, including Ms. Dikshit, was opposed to an alliance with the AAP.The BJP that had won all seven seats in 2014 would be trying out its familiar faces in five out of seven seats. Apart from Mr. Gambhir, the party has fielded Punjabi singer Hansraj Hans from North West Delhi, the only reserved seat for Schedule Castes.Fiercely fighting for its space in Delhi, the BJP is banking on Mr. Modi’s “decisive leadership” to win all the seven Lok Sabha seats as the first step in trying to dislodge the AAP from Delhi eight months later. The image of Arvind Kejriwal taking a dip in the Ganga at Varanasi’s Rajghat to take on Prime Minister Narendra Modi in the 2014 Lok Sabha election announced him as a challenger to status quoist political parties.He and his newly formed Aam Aadmi Party (AAP) — that grew out of an anti-corruption movement against the Congress-led UPA government — had earned the reputation of being a giant slayer after it ended the Congress’s uninterrupted 15-year rule in Delhi by ousting the Sheila Dikshit-led government.Five years later, Delhi Chief Minister Kejriwal is struggling to register a strong performance in the 2019 Lok Sabha election.Though the Modi wave had wiped it out even in the 2014 election, the AAP made a stunning comeback in February 2015 by winning 67 of the 70 Assembly seats.But the mood in May 2019 is a different one. With over four years of running the State government, a sense of anti-incumbency is growing.Turning down allliancesAn alliance with the Congress would have helped consolidate the anti-BJP votes but it did not happen. The past few days have also seen desertion by at least, two lawmakers of the Delhi Assembly.In Punjab too, where the AAP had won four Lok Sabha seats during 2014, the party has broken up into different splinter groups. Reflecting a sense of cynicism, his one-time colleague and political activist, Yogendra Yadav, who severed his ties with the AAP, suggested that Delhi voters should opt for NOTA [None of the above] during the May 12 polling.last_img read more


International Monetary Fund Projects India’s Growth at 7.4 Per Cent in 2018

first_imgThe International Monetary Fund (IMF) in the latest World Economic Outlook (WEO) on April 17 projected India’s growth at 7.4 per cent in 2018 and 7.8 per cent in 2019, overtaking its rival neighbor China, which has been projected at 6.6 per cent and 6.4 per cent, respectively.India in 2018 and 2019 will re-emerge as one of the fastest growing major economies, with its growth picking up after a sharp dip in the second quarter of 2017 due to “one off factors,” according to the IMF.IMF kept unchanged the global growth forecasts for 2018 and 2019 at 3.9 per cent.The organization attributed the high projected growth rate for India in 2018 and 2019 to strong private consumption as well as fading transitory effects of the currency exchange initiative and implementation of the national Goods and Services Tax (GST).The latest IMF growth rate projection, which is released bi-annually, remains unchanged from the last one in October. In 2016, India’s growth rate was 7.1 per cent as opposed to China’s 6.7 per cent that year.India’s progress on structural reforms like GST will cause reduction of internal barriers for trade, increase in efficiency and improvement of tax compliance, the report said. “While the medium-term growth outlook for India is strong, an important challenge is to enhance inclusiveness,” it added.In the wake of the Punjab National Bank scam, India’s high public debt and recent failure to achieve the budget’s deficit target calls for a broader package of financial reforms, along with recapitalization, to improve the governance of public sector banks and strengthen banks’ debt recovery mechanisms, the IMF said.Easing labor market rigidities, reducing infrastructure bottlenecks, and improving educational outcomes will remove constraints on job creation and ensure that the demographic dividend are not wasted.The WEO report noted that growth in China and India in 2017 was supported by resurgent net exports and strong private consumption.In the period of 2018 and 2019, the WEO said of India: “Over the medium term, growth is expected to gradually rise with continued implementation of structural reforms that raise productivity and incentivize private investment.Over the medium term, China’s economy is projected to continue re-balancing away from investment toward private consumption and from industry to services, but non-financial debt is expected to continue rising as a share of GDP, and the accumulation of vulnerabilities clouds the medium-term outlook, the report said.Meanwhile, the Asian Development Bank and the World Bank have projected the Indian economy to grow at 7.3 per cent in 2018-19. Related ItemsEconomyGSTIMFlast_img read more


India-West Indies series: ‘Indians did not capitalise on their win in Trinidad’

first_imgI don’t believe that any team has a “home” advantage. What a team may have are players who can use home conditions better. To win away from home, a team needs supreme confidence.After all, the West Indies team of the late 1970s and ’80s, with its battery of fast bowlers,,I don’t believe that any team has a “home” advantage. What a team may have are players who can use home conditions better. To win away from home, a team needs supreme confidence.After all, the West Indies team of the late 1970s and ’80s, with its battery of fast bowlers, went everywhere and still won. The Indian team of the early ’70s, with its spinners, also won away from home. It’s all question of having the right people for the job.In this series, the better team won simply because it took the chances it got. The Indians did not capitalise on their win in Trinidad, went to Barbados in a very tentative mood and paid for that.Set back: Laxman (left) and GangulySourav Ganguly was correct when he said the Indians lost the decider because they began poorly – neither bowling nor batting well first up. The West Indies managed over 400 runs, proof that the Indians were not ready for the fray, despite winning an important toss.Actually India may have played into the hands of the West Indies. It is true that our side has been somewhat susceptible to medium-paced swing bowling; but today they are more worried about really good spin bowling. India, for once, lacked that.Zaheer Khan, Ashish Nehra and Javagal Srinath are all competent bowlers without being destructive. None of them would get a five-wicket haul cheaply since they are not dynamic. Khan and Nehra are potentially good, but they must realise their limitations. They try to bowl too fast, negating their effectiveness in swinging the ball. They must learn to know what to do and when to do it. Therefore, India needs two spinners to work with two of the faster bowlers.advertisementHarbhajan Singh is okay and so is Anil Kumble, but comparing them to the old spin quartet is like comparing Michael Holding to Cameron Cuffy. The Indians must go back to the drawing board and use whatever made them successful in the past. Two opening bowlers and then two dynamic spinners, or even three, to win games at home or abroad, despite the pitches around the world.The Indian plan was to attack the West Indians with the faster bowlers. While Khan, Srinath and Nehra are competent bowlers, their fitness and readiness must come into play too. They must be ready for five Test matches, especially back-to-back games which require the ultimate fitness. One did not always get the impression that they were fully ready for five Test matches.The psychological barrier of not winning away from home must now be telling on the Indians. Even when they get in a winning position, they are so unaccustomed to it that they fail to capitalise.The Kensington Oval pitch might have had some extra pace and bounce but if the Indians could bat in Australia then batting in Barbados should not have been a problem. Jamaica was even better for batting than expected, despite the grass left on. After all, the West Indies did manage 422, so the Indians have no excuse for getting so few in their first innings.In Jamaica, the Indians won the toss and did the right thing, attacked by fielding first, but then they bowled so badly that they were out of the last Test by the end of the first day. Unless they had batted well, which they did not, the game was lost too, as it eventually was.Winning ways: The West Indies took all their chancesand the series tooProfessional sport is simply about doing the simple things correctly, regularly. India did not seem to be keeping to this edict. The Indian captain Ganguly, for all his personal charm, does not seem to be able to get the best out of his players. He could be seen many times during the series remonstrating with his players on the field of play. That is a no-no. The first thing that any player needs is confidence and that usually come from the leader and only then from the player himself.In terms of batsmanship, Shivnarine Chanderpaul showed, in his own style, how it should be done. A man must always know his limitations and V.V.S. Laxman, for India, did that too. Rahul Dravid did also try, but Ganguly and Tendulkar seemed to be unable to adjust to what was required: the ability to graft, play long innings and work hard for the success needed.For the West Indies, this win obliterates the loss last year to South Africa, but it also shows that the team can play better at home than away. Only when the West Indies start winning away from home can one suggest that progress has been made. But the win would give confidence, at least for the one-day series. The West Indies will now be better equipped, psychologically and physically, for what is to follow.Former West Indian fast bowler Colin Croft is a columnist for the website cricinfo.comadvertisementlast_img read more


FIFA World Cup 2018 : Top goals of the tournament ( with videos)

first_imgAdvertisementRussia 2018 became a reality 8 years after it was awarded the hosting rights. It has been the most entertaining edition of the World Cup in the 21st century. The favorites of god were no good to the underdog’s will to win.Who would have thought Belgium, Croatia and England would be three of the last four in the competition. Germany, Spain, Brazil, Argentina had all been eliminated before the semifinals stage. This world cup has defied all expectations to give yet another summer classic.At the end of 64 matches, France emerged victorious as they lifted their second title to become champions of the world yet again. With just one 0-0 draw in the entire tournament, Russia 2018 has been an epitome of entertainment for the past one month. While this may have been a forgetful tournament for a few, it has become an unforgettable one for many.The success of Japan will inspire an entire continent of Asia as this world cup has been the best outing for Asian countries.As Qatar prepares for 2022, this world cup has given new hope for the underdogs, reminding the favorites that World Cup is the stage where the unexpected happens and the expected one can disappoint. A platform where a nation’s prowess is decided by sheer hard work and will and not by its flamboyance.A total of 169 goals were scored in this quadrennial football competition at an average of 2.64 goals per match. Let’s take a look back and see some of best goals scored throughout the tournament : (In no particular order)Denis Cheryshev vs Saudi Arabia :Alexandar Kolarov Vs Costa Rica :Phillipe Coutinho vs Switzerland :Toni Kroos vs Sweden :Luka Modric vs Argentina :Dries Mertens vs Panama :Nacho vs Portugal :Granit Xhaka vs Serbia :Ricardo Quaresma vs Iran :Ahmed Musa vs Iceland :Nacer Chadli vs Japan :Angel Di Maria vs France :Kevin De Bruyne vs Brazil :Benjamin Pavard vs Argentina :Read also :Football: Cristiano Ronaldo speaks up about his move to ‘The Old Lady’Football: Kaka talks about youngster, Kylian Mbappe Advertisementlast_img read more


Sangiao believes PH fighters will rise again after 1-4 result in ONE: Century

first_imgThe unfavorable outcome also didn’t change the fact that Filipino fighters remain a force in the ONE circuit with a couple of champions in Vera, who, despite bowing to two-division champion Aung La N Sang is still the reigning heavyweight king, and strawweight titleholder Joshua Pacio.Pacio is scheduled to defend his strap against compatriot Rene Catalan in ONE: Masters of Fate on November 8 at Mall of Asia Arena.Sports Related Videospowered by AdSparcRead Next “We’ve strode on this road before, this time it’s another rise, another story, and we’re making the end.”The losses may have piled up for the Philippines but there were moral victories in between.Despite falling to MMA legend Demetrious Johnson, regarded as one of the best fighters ever, Kingad had his moments and was able to drag the American to the distance.“I didn’t expect what happened. I didn’t expect that I could showcase those grappling skills and I can take down DJ and somehow corner DJ,” said Kingad, who lost to Johnson by unanimous decision in their Flyweight World Grand Prix Championship Final.“I still need to review and watch the fight so I could learn what are the things I could have done better.”ADVERTISEMENT DTI creates Marahuyo, a luxe Filipino fashion brand for global buyers Canadian vaping study details danger from ‘popcorn lung’ chemical Don’t miss out on the latest news and information. Trending Articles PLAY LIST 00:50Trending Articles03:03Rescue efforts underway as Typhoon Hagibis kills 11 in Japan01:00Duterte to fly to Japan for Emperor Naruhito’s enthronement02:11Makabayan bloc defends protesting workers, tells Año to ‘shut up’03:07PH billiards team upbeat about gold medal chances in SEA Games01:38‘Bato’ to be ‘most effective’ CHR head? It’s for public to decide – Gascon02:07Aquino to Filipinos: Stand up vs abuses before you suffer De Lima’s ordeal01:28Ex-President Noynoy Aquino admits contracting pneumonia00:45Aquino agrees with Drilon on SEA games ‘kaldero’ spending issue Danny Kingad, right, loses to Demetrious Johnson by unanimous decision in their Flyweight World Grand Prix Championship Final in ONE: Century on Sunday, October 13, 2019, at Ryogoku Kokugikan in Tokyo, Japan. Photo from ONE ChampionshipMANILA, Philippines—ONE Championship’s historic night in Tokyo, Japan did not pan out the way Filipino fighters would’ve wanted to.ONE: Century, the organization’s biggest show yet, saw Filipinos go 1-4 with only the debuting Lito Adiwang serving as Philippine mixed martial arts’ saving grace.ADVERTISEMENT Duterte calls himself, Go, Cayetano ‘the brightest stars’ in PH politics Ethel Booba on SEA Games cauldron: ‘Sulit kung corrupt ang panggatong’ Adiwang, the rising Team Lakay fighter, made quite a splash in his first fight as part of ONE’s main roster after stopping Japanese champion Senzo Ikeda in the first round of their flyweight bout on Sunday.After Adiwang’s victory, however, there was nothing left to celebrate for Filipinos after Danny Kingad, Honorio Banario, Kevin Belingon and Fil-American star Brandon Vera all fell short in their respective bouts.FEATURED STORIESSPORTSGreatest ever?SPORTSFormer PBA import Anthony Grundy passes away at 40SPORTSSan Miguel suspends Santos, Nabong, Tubid indefinitely after ‘tussle’ in practiceTeam Lakay head coach Mark Sangiao, though, remained in high spirits despite the result.“This is not an unexplored path,” Sangiao said.center_img This jewelry designer is also an architect LATEST STORIES Matteo Guidicelli had saved up for Sarah G’s ring since 2014? Drilon apologizes to BCDA’s Dizon over false claim on designer of P50-M ‘kaldero’ Becoming his own man Stags close in on NCAA Final Four, edge Chiefs MOST READ View commentslast_img read more


Westbrook, Biles Win Athlete of Year Honors at The ESPYS

first_imgLOS ANGELES (AP) — Russell Westbrook won best male athlete at The ESPYS, while Olympic gymnast Simone Biles earned best female athlete honors Wednesday night.The 25th annual show honoring the past year’s top athletes and sports moments was hosted by Peyton Manning, who humorously mocked his reputation as a control freak and an overexposed commercial pitchman in the retired NFL quarterback’s opening monologue.Westbook was the NBA MVP, led the league in scoring and set a record for most triple-doubles in a season with 42. The Oklahoma City Thunder star won the trophy over Kris Bryant of the Chicago Cubs, Sidney Crosby of the Pittsburgh Penguins and Olympic swimmer Michael Phelps.“It’s been an unbelievable journey for me,” said Westbrook, a fashion fiend who adjusted his black shirt and green pants with wide white stripes before he spoke. “I want to make sure I look good first.”Biles became the most decorated U.S. Olympic gymnast at the Rio de Janeiro Games, winning five medals, including four golds and a bronze. She beat out Olympic swimmer Katie Ledecky, WNBA star Candace Parker and Serena Williams for the honor.“Ever since Rio it has been an amazing year,” Biles said. “I want to thank you all for believing in me.”She was one of three double winners. Biles also won best female Olympic athlete.Phelps won record-setting performance for extending his record Olympic medal haul and as best male Olympic athlete.Aaron Rodgers won best NFL player and shared best play with then-Green Bay Packers teammate Jared Cook. Another Packer, Jordy Nelson, earned best comeback honors.The biggest ovation of the night belonged to former first lady Michelle Obama, who posthumously honored Eunice Kennedy Shriver with the Arthur Ashe Courage Award for championing the rights and acceptance of people with intellectual disabilities through her founding of Special Olympics. Her son, Tim Shriver, accepted the trophy.“Once a great first lady, still a great first lady,” Shriver told Obama as the crowd roared its approval.The Patriots and Falcons shared the best-game award for the Super Bowl, won in a furious comeback by New England.LeBron James, a five-time winner last year, was named best NBA player. Mike Trout of the Los Angeles Angels won best MLB player, while Crosby won best NHL player.The show’s most bizarre bit involved Bill Murray accepting the best moment award for the Chicago Cubs’ World Series victory that ended a 108-year championship drought.Wearing a red party hat on top of a backward Cubs cap, Murray cracked, “One hundred eight years of waiting is hardly a moment. This is the culmination of 108 years of momentum by momentous men.”The actor and comic plucked a bottle of champagne out of a mop bucket being pushed by retired Cubs catcher David Ross disguised as a janitor. Murray used a sword to open the bottle and took a swig. He gave presenter Nick Offerman a bottle to open with the sword, and the longtime Cubs fans toasted and drank.Ross eventually shed his disguise and writhed on the stage mimicking moves from his “Dancing With the Stars” appearance. Ross opened his own champagne bottle with the sword and chugged as Cubs owner Tom Ricketts watched from the audience at Microsoft Theater. The trio then poured champagne on each other’s heads.The NBA champion Golden State Warriors earned best team honors, while Warriors newcomer Kevin Durant received the championship performance trophy.“It was an unbelievable year,” Warriors guard Stephen Curry said. “A lot of noise and hype around it from the beginning of the year, but we tried to keep our head down and focus on the process. Hope to represent exactly what a team means.”Actor Bryan Cranston presented the Icon Award to 89-year-old Vin Scully, who retired in October after a record 67 years broadcasting for the Dodgers.“Hi everybody and a very pleasant good evening to you,” Scully said, drawing cheers at his signature greeting. “I hope you don’t mind, but I wanted to hear it one more time.”Comedian Jon Stewart gave the Pat Tillman Award for Service to Air Force Master Sgt. Israel Del Toro for his strength through adversity and continued service to his country.The Jimmy V Award for Perseverance was given to 15-year-old New Orleans Saints superfan Jarrius “JJ” Robertson, who is fighting a rare and chronic liver disease.BETH HARRIS, AP Sports WriterTweetPinShare0 Shareslast_img read more


SAI suspends officials arrested by CBI on corruption charges pending inquiry

first_imgThe Sports Authority of India (SAI) on Thursday suspended four of its officials, who were arrested by the Central Bureau of Investigation (CBI) last week on corruption charges, pending an enquiry.The SAI officials alleged to be involved in corruption were Sanjeev Sharma (Director), VK Sharma (Upper Division Clerk), Harinder Prasad (Junior Accounts Officer) and Lalit Jolly (Dealing Hand, who was previously Laundry Supervisor).”In accordance with the Central Services Recruitment rules, these four alleged officials have been suspended with immediate effect pending inquiry,” a SAI official told PTI.”They are in judicial custody till February 1 and the CBI is conducting its own inquiry. Their job remains suspended till they get a clean cheat from the investigating agency,” the official added.They were arrested after raids were conducted at the SAI headquarters at the Jawaharlal Nehru Stadium on January 17.Besides, the quartet, two other private contractor Mandeep Ahuja and his employee Yunus were also arrested for their involvement in the alleged racket.It has been alleged that these officials, all belonging to the administrative wing of SAI, demanded 3 per cent cut to clear a transport bill of Rs 19 lakh.Also Read | CBI raids Sports Authority of India, arrests director, 5 others in corruption caselast_img read more


Golden Ocean Buying 16 Bulkers

first_imgzoom Nasdaq-listed dry bulk shipping company Golden Ocean Group Limited has entered into agreements to acquire 16 dry bulk vessels.The acquisition will take the form of an all-share transaction where the company will issue in aggregate 17.8 million consideration shares and assume debt of USD 285.2 million, GOGL said.Of the 16 vessels to be acquired, 14 will be acquired from subsidiaries of Quintana Shipping, and two ice class Panamax vessels will be acquired from subsidiaries of Seatankers, an affiliate of Hemen Holding, the company’s largest shareholder.“The acquisition will add significant scale to Golden Ocean’s operating fleet and contribute to reducing cash breakeven levels,” the company said.Based on the closing price of the Golden Ocean share on the Oslo Stock Exchange on March 14, 2017 of NOK 61.50, equal to USD 7.14 per share, the transaction value stands at USD 412.4 million.“The acquired vessels, averaging 4 years of age, which matches the age profile of our existing fleet, will further enhance our already significant commercial scale and increase our operational leverage to a potential dry bulk market recovery. Combined with attractive bank financing which includes no fixed debt amortization and soft covenants through June 2019, the transaction should be accretive also in terms of cash breakeven levels,” Birgitte Ringstad Vartdal, CEO of Golden Ocean Management AS, commented.As part of the deal Golden Ocean will acquire Quintana’s 14 vessel fleet and assume the fleet’s corresponding debt of USD 262.7 million in consideration for 14.5 million shares of Golden Ocean.In addition, Golden Ocean has agreed to a USD 17.4 million down payment of the debt associated with the fleet in order to obtain no fixed debt repayments and soft covenants through June 2019. A cash sweep mechanism will be in place for excess cash generated by the fleet. The fleet consists of 6 Capesize vessels and 8 Kamsarmax/Panamax vessels, mainly built in Japan and Korea.The two 2017-built ice class Panamax vessels owned by Hemen’s affiliates will be bought in consideration for 3.3 million GOGL shares to fund the equity portion of the acquisition. Hemen will issue a seller credit of USD 22.5 million that matures in June 2019, with no fixed amortization.All the said ships will be owned by a non-recourse subsidiary to Golden Ocean.GOGL added that the completion of the acquisition is subject to the execution of definitive loan documents, raising of sufficient new equity to satisfy certain loan conditions, customary closing conditions and regulatory approvals. Closing is expected in the second quarter of 2017 and on a vessel-by-vessel basis.Separately, the company said that it has commenced an equity offering for issue of new shares for gross proceeds of approximately USD 60 million.The net proceeds of this offering are to be used to partially pre-pay debt under the new loan agreements related to the acquisition of fourteen vessels from Quintana Shipping, in an amount of approximately USD 17.4 million, and to use the balance for general corporate purposes.The subscription price and number of shares issued in the offering will be determined through an accelerated bookbuilding process, the company explained. The bookbuilding period will start March 14, 2017 with expected closure at March 15, 2017 at 3:00 am EST and 08:00 am CET.On a fully-delivered basis, Golden Ocean’s fleet will have an aggregate carrying capacity of approximately 11 million dwt and an average age of less than 5 years on a DWT basis.last_img read more


Security Council lauds UNs diplomatic efforts in Central Asia

14 January 2010The Security Council today voiced appreciation for the efforts of the United Nations body tasked with facilitating dialogue among Central Asian countries and assisting them in responding to common challenges. This came after the 15-member body heard a closed-door briefing from the Secretary-General’s Special Representative, Miroslav Jenca, on the recent activities of the Regional Centre for Preventive Diplomacy for Central Asia, located in the capital of Turkmenistan, Ashgabat.The Council “encouraged further cooperation and coordination between the Regional Centre and the Governments of the region and relevant regional organizations,” in a statement read to the press by Ambassador Zhang Yesui of China, which holds the rotating presidency for January.The members of the Council also reaffirmed their support for the Centre’s efforts to facilitate dialogue and assist regional governments on issues of common concern.Established in 2007, the Centre helps the countries of the region – Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan and Uzbekistan – better respond to cross-border challenges and threats, such as terrorism, drug trafficking, organized crime and environmental degradation. read more


Pengrowth arranges 300million sale of production assets lowers output target

Pengrowth arranges $300-million sale of production assets, lowers output target by The Canadian Press Posted Jul 11, 2017 7:31 am MDT Last Updated Jul 11, 2017 at 8:00 am MDT AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to RedditRedditShare to 電子郵件Email CALGARY – Pengrowth Energy Corp. (TSX:PGF) says it has a new agreement to sell producing assets in the Olds-Garrington area of central Alberta for $300 million cash.The Calgary-based oil and natural gas company says due to the sale, it now expects to produce an average of between 41,500 and 43,500 oil-equivalent barrels per day in 2017, down from the previous estimate of between 43,500 and 45,500 barrels per day.Pengrowth says a previously announced deal to sell an asset package in the Swan Hills area of northern Alberta has been terminated due to the buyer’s inability to arrange financing.The company plans on resuming efforts to find another buyer for the Swan Hills assets as it tries to reduce its debt load from proceeds of its non-core assets.It did not identify the buyers in either of the transactions. read more


UN refugee agency warns Sudan over forced return of Eritrean asylum seekers

Melissa Fleming, UNHCR spokesperson told the press in Geneva today that the agency is deeply concerned over recent forced returns, or “refoulement”, of Eritrean and other asylum seekers and refugees from Sudan, including an incident in Eastern Sudan on 30 June where 74 Eritreans were sent back to Eritrea through Laffa border crossing point, according to information received from immigration authorities. She said the asylum seekers had been convicted on charges of illegal entry into Sudan under national immigration laws. They had not given access to asylum procedures in order to have their claims reviewed by the competent authorities. “These deportations are an act of repression and constitute a serious violation of the 1951 Refugee Convention and the Sudanese Asylum Act 2014,” said Ms. Fleming, reminding the Sudanese Government of its obligations under international law and the laws of the country. “We urge you to provide asylum seekers full access to procedures,” she said. Asked by reporters whether this was the first time refugees had been expelled without hearing, Ms. Fleming said UNHCR was concerned this incident was indicative of a new trend of a large number of Eritreans just arriving and being sent back. “This [may be] related to a new act by the Government of Sudan requiring foreign nationals to legalize their residency, which was causing huge concern among foreigners, including recognized refugees and asylum seekers, who were fearing arrest and deportation,” she added. She went on to say that UNHCR did not have monitors on the ground in Eritrea, and there was no significant international presence there. Yet, “Eritrea is a country of concern – people leaving Eritrea are in need of international protection, as their lives would be in danger if they were to be returned,” she said. UNHCR is meanwhile in contact with Sudanese immigration authorities, and is seeking access to the people who had been recently arrested. “UNHCR is providing legal advice to them and stepping up its efforts to put an end to forcible expulsions,” concluded Ms. Fleming. read more


Cleveland Cavaliers to play game at Ohio State for third straight year

Correction Aug. 26: An earlier version of the story stated the 2013 game against the 76ers was the Cavs’ Columbus debut, when in fact they had played at the Schottenstein Center prior to that. Cleveland Cavaliers forward LeBron James is seen before tipoff of overtime of a game between the Cavs and the San Antonio Spurs. The Cavs beat the Spurs, 128-125, in overtime.Credit: Courtesy of TNSOhio State might be home to the defending college football national champions, but for a night in October, it will host the defending NBA Eastern Conference champions, as well.For the third consecutive year, the Schottenstein Center is set to be the sight of a Cleveland Cavaliers preseason game as the Cavs will meet the Memphis Grizzlies on Oct. 12.The game is set to be the third of seven Cavs preseason games, with their opener on another Ohio college campus: Xavier University in Cincinnati.Last season, the Cavs hosted the Chicago Bulls at the Schottenstein Center in front of a sold-out crowd of 19,049. The Cavs won that contest 107-98, with point guard Kyrie Irving and small forward LeBron James combining for 46 points and 13 assists.The year before, the Cavs entertained the crowd with a 104-93 victory over the Philadelphia 76ers.The Cleveland Browns also expanded their preseason to Columbus this year, bringing their Orange & Brown Scrimmage to Ohio Stadium on Aug. 7. That event drew just under 50,000 fans.Last season, James returned to the Cavs after four years with the Miami Heat, leading them to a 53-29 record and second-ever trip to the NBA Finals, where they eventually fell to the Golden State Warriors in six games.James, an Akron, Ohio, native and avid supporter of OSU athletics, was given a permanent locker in the home locker room at the Schottenstein Center in 2013.Tickets to the Oct. 12 preseason matchup between the Cavs and Grizzlies go on sale at 10 a.m. on Sept. 10 and begin at $15. Tip-off is scheduled for 7 p.m. read more


Improving safety performance the journey to zero harm

first_imgJames Marzocca, Hatch’s Managing Director, Project Management & Construction: “Our business is fraught with safety risks and hazards, especially at the sites of our clients’ operations and projects. So it should surprise no one that a strong record of safety performance is a major factor in being selected as a service provider. Clients want to know that we can keep our staff, contractors, existing operations, and their businesses safe while doing the work they’ve hired us to do.“How a service provider’s safety performance is measured may vary from one company to the next. Generally, clients look at a combination of its historical safety performance, the safety culture in the organization, and the quality of safety systems. Their yardstick is usually two ‘lagging indicators’: lost time injury frequency rates (LTIFR) and total reportable injury frequency rates (TRIFR). Our performance on these lagging indicators has been enviable and improving over the years. Hatch remains in the first quartile (top 25%) for EPCM service providers in the industry as measured by the Construction Industry Institute.“Good performances can always be better. A company’s ambition should be to continuously improve its safety performance. Our vision is to be in the top 10% in our industry. To achieve this, we must constantly be trying to improve our safety performance and finding ways to manage that improvement. We need to be always bettering the behaviors and focuses of our people, our partners, our contractors, and yes, even our clients. Doing this means watching and measuring what we do on the “input side” or “leading indicators” of safety. Leading indicators are measures of things that contribute to safety, such as visible leadership, the reporting of unsafe acts and conditions and having them fixed promptly, safety training attendance and comprehension, safety audits, and participation in safety events.“Information sharing plays a huge part in improving safety performance. All parties in the industry—clients, service providers, equipment vendors, fabricators, government agencies, providers of safety equipment, and contractors—can learn from one another. Those lessons can be used to prevent or mitigate incidents.“For this reason, starting in 2018, Hatch will host an annual industry-wide safety conference in Toronto, Canada. Its purpose will be to bring members of all these groups together to share information, learnings, and best practices.“The safety conference will also encourage participants to share how technology can be used to create safer work environments, especially on projects. The industry already makes the most of several technologies, practices and initiatives to improve safety performance. The value of PPE, modularization and preassembly, the automation of construction tasks, safety training, toolbox talks, job-safety analysis, and more are well documented.“There are many more new and emerging technologies that can improve safety even further still. Digital technologies, drones, HD cameras, sensors, safer materials, training and behavioral sciences, improved tracking of people and equipment, and the use of virtual reality are still in their infancy, awaiting adoption in the safety sphere. What is already very mature, however, is the capability that all these have to create continuous improvement or step change in safety performance.“A projects’ success—financial or otherwise—can never come at the cost of a worker’s safety. This is a fundamental value that every conscientious organization embraces on the journey to zero harm. There may not be one sole solution for improving safety. Still, this we know for sure: our behaviour, the sharing of information, understanding and mitigating safety risks, and the use of technology all have an important part to play in fostering a strong safety culture and improving safety performance.”The picture shows work on the Chuquicamata underground mine in Chile, a project in which Hatch is very involved.last_img read more


Dublin councillors vote today on directlyelected mayor but its likely plan will

first_imgDUBLIN CITY COUNCIL members will be the first of the county’s four local authorities to have their say on whether a plebiscite of residents should take place to decide on the issue of having a directly-elected mayor.Councillors be asked to vote on whether a referendum on having a first citizen with executive powers should be put to the people of Dublin on the same day as the local elections, on 23 May.The three other authorities will also hold votes on the issue in coming days. All four have to back the proposal for the plebiscite to go ahead, however — and it’s expected Fingal will veto the move.Mayor of the north Dublin authority, Fine Gael’s Kieran Dennison, said earlier this month that he expected the majority of members to vote against the plan.Former mayor, Independent Cian O’Callaghan, said he agreed with Dennison’s assessment, but said that he is in favour of holding the plebiscite and of having a directly elected mayor.Speaking to The Irish Times the Fine Gael councillor Dennison said his stance was about “protecting the minority against the decisions of the majority”.On his website, Dennison argues that the proposed plebiscite “is not to decide for or against a directly elected mayor for Dublin but rather for a particular type of directly elected mayor with specific powers and responsibilities”.Local Government Minister Phil Hogan has not stated explicitly whether he is for or against having an elected mayor with executive powers.Speaking at a briefing on the issue last year, he said the move would be “a major shift away from what is there at the moment, a shift away from the management structure to an elected person”.The other three councils are expected to back the plan for a plebiscite in the coming days.Speaking yesterday, leader of the Fianna Fáil group on Dublin City Council Mary Fitzpatrick said the change in how the county is run could provide people in the capital with real and accountable political leadership.“I have experienced at first hand in New York and other cities just how effective a directly elected mayor with executive powers can be in transforming the social, economic and cultural life of a city,” Fitzpatrick said.The Fianna Fáil councillor — who is also running in the European elections — criticised the way the issue was being handled by Minister Hogan, and said he had set a “particularly high bar” for the plebiscite to happen.“If, for example, 27 out of the 52 Councillors on Dublin City Council showed up on Monday and two voted against then the resolution to put the plebiscite to the people would be lost.”Note: This article has been amended to reflect that Cian O’Callaghan is in favour of a plebiscite on the mayor proposal and of having a directly elected mayor. Read: Hogan on Dublin mayor plan: ‘I might be 6′ 5” but I’m not going to lean in any direction’Hogan: No point having elected mayor for Dublin unless position is meaningfullast_img read more


Chrome OS was hacked at Pwnium 2013 after all

first_imgReports out of Vancouver from the Pwn2Own/Pwnium hacking contests indicated that Chrome OS came out unscathed, but it turns out that wasn’t the whole truth. One attacker did manage to successfully exploit Google’s browser-centric OS, he just didn’t manage to do it reliably. So while Chrome OS didn’t fall, it did at least hover over the canyon Wile E. Coyote-style and spin its legs mid-air before turning quickly and grabbing the rock ledge.Hacker PinkiePie demonstrated the attack. He’s the same fellow that took down the Chrome browser at last year’s event and took home a cool $60,000. This time around his payout was quite a bit less — but $40,000 is still a pretty decent payday. His attack targeted Chrome OS’s graphics subsystem and resulted in Google creating two separate bugs. Both involve overflows  — one in the GPU process and the other in the Intel i915 graphics driver.Although the Chromium OS source is open, Google’s not ready to share any details on this particular exploit just yet. You’ll only see the ominous 403 forbidden error if you try to check out PinkiePie’s bugs. As Linux blogger Sean Michael Kerner  points out, it’s possible that this Chrome OS exploit could affect other Linux-based OSes. That certainly seems like a possibility since part of the chained exploit relied on a bug in the Linux kernel. Surely two companies that are as involved with Linux as Google and Intel will be willing to share more information with the Linux community once a fix has been identified and created.Don’t let news of PinkiePie’s exploit scare you off picking up a new Chrome OS laptop, though. Chrome OS is still one of the most secure operating systems on the market.last_img read more


Kinect 2 Microsoft part à la chasse au talent

first_imgKinect 2 : Microsoft part à la chasse au talentDeux offres d’emploi, parues sur le web, ont attirés les yeux des fans de technologies du monde entier. Elles concerneraient la prochaine mouture du Kinect, la caméra à reconnaissance vocale et de mouvements de Microsoft.Intégré ou pas à la future console de salon Xbox 720 (ou Loop, ou Fusion), le futur Kinect 2 est déjà une réalité dans les attentions de Microsoft. Et la firme de Redmond compte bien organiser une équipe de choc, autour de sa future caméra à tout faire. Preuve en est ces deux offres d’emplois (ici, et là), parues sur le web.À lire aussiMaladie de Charcot : symptômes, causes, traitement, où en est on ?La dernière en date vient compléter les diverses informations et rumeurs planant autour de la future console et de la caméra, et met en exergue “une nouvelle génération d’interface utilisateur”, impliquant donc une plus forte intégration de Kinect dans la future plateforme de jeux de Microsoft.Pour rappel, la Xbox 720 devrait voir le jour l’année prochaine, avec 3 processeurs centraux, 4 Go de mémoire vive, une carte graphique Radeon HD 7670, et peut être inclure, en accessoire, une paire de lunettes à réalité augmentée.La caméra Kinect qui viendra succéder au modèle actuel (notre photo), elle, devrait proposer une résolution plus fine, un temps de latence amoindri, ainsi que de nouvelles capacités liées à la reconnaissance.Le 26 juillet 2012 à 12:23 • Maxime Lambertlast_img read more


This cute little bear can replace all your remotes

first_img <> If popular culture has taught us anything about bears, it’s that they spend all day stealing peoples’ picnic baskets and riding around on bicycles. Bearbot is not a robot that does either of those things.In fact, Bearbot isn’t really even a robot. He’s actually a universal remote control, though it’s not like one you’ve ever seen before. That’s Bearbot at the top. There are no buttons and there’s no giant touchscreen like on Logitech’s Harmony Touch or Ultimate One.Even though he can’t ride a bike, Bearbot is a bit like a well-trained circus bear. He’s an attentive little fellow that waits patiently for you to issue instructions with your hands. Just gesture in front of his face and he’ll perform an action. Bearbot can adjust your thermostat, raise and lower your blinds, dim the lights, or fire up a movie on your home theater… and hands-free control means this little bear won’t turn into a veritable petri dish like your smartphone.With built-in Bluetooth, infrared, and ZigBee support, Bearbot can control an incredibly diverse assortment of devices. Thankfully, setting them all up is not a complex process. Just fire up the Bearbot app and tap through the steps. 1/6Behold, Bearbot! No need to curl up on the ground and play dead in front of this little fellow. 1/6Here’s a look at what makes Bearbot tick 1/6Bearbot can control a wide variety of devices 1/6Bearbot lets you use gestures to control your devices 1/6Walls in the way? No problem. Bearbot mini and his big brother work together to solve the problem 1/6Bearbot likes to entertain, too. Occasionally he’ll mug for you.center_img Bearbots like to travel in groups, and there’s a good reason for that. The big fella loves to follow your instructions, but he might not always be within range of the devices you want him to control. That’s where the mini Bearbot steps up. The mini is a screenless repeater that listens for commands from big brother and beams them to a nearby device using an IR blaster.The creators of Bearbot are looking for €199,000 on Indiegogo, and it’s a fixed goal — which means if they don’t hit it you’re not going to be out any money. If you want to help make Bearbot and his mini-sized cubs a reality, you can help out by pledging €99 — which is a pretty excellent deal for such a full-featured remote.last_img read more


Soybean Growers Welcome Senate Agriculture Committee Farm Bill Draft

first_imgIn advance of Tuesday’s scheduled markup, the Senate Agriculture Committee today released a draft of its proposed farm bill, which met with approval from the nation’s soybean farmers. American Soybean Association (ASA) President and Canton, Miss., soybean farmer Danny Murphy welcomed the draft and encouraged its expedited passage:“ASA commends Chairwoman Stabenow, Ranking Member Cochran, and members of the Senate Agriculture Committee for their work thus far in crafting a proposed farm bill. Importantly, the draft released by the Committee would protect and strengthen crop insurance as well as ensure that a target price program to protect growers from low prices remains decoupled from current planting decisions, thus avoiding the possibility of production distortions. Combined with a revenue protection program similar to that included in last year’s Senate bill, the proposed legislation takes significant steps to provide farmers with effective risk management programs while protecting planting flexibility and avoiding planting distortions.“While ASA is still studying details of the 1,102-page bill, our initial review also notes that the draft reflects other ASA priorities including reauthorization and funding of the Foreign Market Development Cooperator Program and Market Access Program, funding for conservation programs applied to working lands, reauthorization and funding for important bio-based and bioenergy programs, and support for agricultural research, to name just a few.”“ASA applauds the Agriculture Committees in both the House and Senate for taking the initiative to move a farm bill forward in the 113th Congress. We look forward to speedy markups in both Committees next week and the passage of a new comprehensive farm bill as quickly as possible.”###ASA represents all U.S. soybean farmers on domestic and international issues of importance to the soybean industry. ASA’s advocacy efforts are made possible through voluntary farmer membership by farmers in 30 states where soybeans are grown.For more information contact:Danny Murphy, ASA President, 601-906-3809, dpmurphy@bellsouth.netPatrick Delaney, ASA Communications Director, 202-969-7040, pdelaney@soy.orglast_img read more


Martha Stewart Living Names Daniel Dienst CEO

first_imgMartha Stewart Living Omnimedia has named board member Daniel Dienst as its CEO. Dienst, who will need to guide the company through a turnaround, recently joined the company’s board of directors and is the fifth CEO since 2008.”We are excited to welcome Dan as the new CEO of MSLO,” says founder and non-executive chairman Martha Stewart in a statement. ” He is a highly respected and experienced public company CEO with strong operating and financial discipline and a clear track record of creating significant value for shareholders.  Dan will take on the important responsibility of leading the company and ensuring that we are able to deliver on our strategy for renewed growth.”  Prior to joining MSLO’s board of directors, Dienst was CEO of Sims Metal Management, Ltd., an Australia-based metal recycling company, from 2008 to June 2013.last_img read more