Olympic star Biles leads Team USA at world championships

first_imgJapeth Aguilar embraces role, gets rewarded with Finals MVP plum LATEST STORIES Lights inside SMX hall flicker as Duterte rants vs Ayala, Pangilinan anew Lights inside SMX hall flicker as Duterte rants vs Ayala, Pangilinan anew Spurs’ White out 6-8 weeks as injuries plague backcourt View comments Tim Cone, Ginebra set their sights on elusive All-Filipino crown Carpio hits red carpet treatment for China Coast Guard PLAY LIST 02:14Carpio hits red carpet treatment for China Coast Guard02:56NCRPO pledges to donate P3.5 million to victims of Taal eruption00:56Heavy rain brings some relief in Australia02:37Calm moments allow Taal folks some respite03:23Negosyo sa Tagaytay City, bagsak sa pag-aalboroto ng Bulkang Taal01:13Christian Standhardinger wins PBA Best Player award FILE – In this Aug. 19, 2018, file photo, Simone Biles competes on the floor exercise at the U.S. Gymnastics Championships in Boston. The four-time Olympic gold medalist and three-time world all-around champion headlines the six-woman group Team USA will send to the world championship later this month in Doha, Qatar. (AP Photo/Elise Amendola, File)INDIANAPOLIS — Olympic gymnastics champion Simone Biles is ready to take on the world again.The four-time Olympic gold medalist and three-time world all-around champion headlines the six-woman group Team USA will send to the 2018 world championship in Doha, Qatar later this month.ADVERTISEMENT Phivolcs: Slim probability of Taal Volcano caldera eruptioncenter_img Nadine Lustre’s phone stolen in Brazil Gov’t to employ 6,000 displaced by Taal Sports Related Videospowered by AdSparcRead Next Gretchen Barretto’s daughter Dominique graduates magna cum laude from California college MOST READ Don’t miss out on the latest news and information. The world championships are the first international meet for Biles since the 2016 Summer Olympics in Rio de Janeiro. The 21-yeara-old took time off after winning five medals — including gold in the all-around, vault, floor exercise and team final — in Brazil. She returned to competition in July and captured a fourth US championship in August.Biles will be joined by 2017 world all-around champion Morgan Hurd, 2017 US champion and 2016 Olympic alternate Ragan Smith, Riley McCusker, Grace McCallum and Kara Eaker.FEATURED STORIESSPORTSGinebra beats Meralco again to capture PBA Governors’ Cup titleSPORTSJapeth Aguilar wins 1st PBA Finals MVP award for GinebraSPORTSGolden State Warriors sign Lee to multiyear contract, bring back ChrissThe world championships serve as a qualifier for the 2020 Tokyo Olympics. The teams that finish in the top three in the team final will earn an automatic berth to the games. The U.S. has won every major international team competition since the 2011 world championships. Allen Durham still determined to help Meralco win 1st PBA titlelast_img read more

Mourinho’s warning underlines extent of Man United’s fall

first_img3 ACL tears won’t keep Creighton’s Martin Krampelj off court Allen Durham still determined to help Meralco win 1st PBA title MOST READ “To go to Juventus level? Barcelona level? Real Madrid level? How can we reach that level?” Mourinho asked reporters, adding: “Man City level? How can we reach that level?”A reply came. “Investment?”“Yes,” Mourinho said.Yet he had just put out a team containing a center forward costing $97 million (Romelu Lukaku), a center midfielder costing a then world-record fee of $116 million and signed from Juventus (Paul Pogba), while an offseason signing for about $70 million (Fred) was on the bench, failing to make it on as a substitute.Mourinho has spent more than $500 million on players since joining United in 2016. Either the money hasn’t been spent well or Mourinho isn’t getting enough out of them.Lukaku, for example, has gone eight games without a goal and looks short of confidence playing for United.“No criticism at all, and a complete understanding that the player is a fantastic professional that wants to give everything for the team,” Mourinho said. “But I have to agree his moment is not sweet, not just with the goals he is not scoring but in his confidence, movement, touch. He is not linking the game well with the team.“But he’s our striker and a good striker and a striker we believe in.”Mourinho finished the game by responding to the goading of Juventus’ fans by holding up three fingers toward them, denoting the Champions League-Serie A-Italian Cup treble he won with Inter Milan — Juve’s rival — in the 2009-10 season.Just three days earlier, he was sticking three fingers up at Chelsea fans who were hurling abuse at him at Stamford Bridge, a reminder of the three Premier League titles he won at the London club over two spells. Will you be the first P16 Billion Powerball jackpot winner from the Philippines? Japeth Aguilar embraces role, gets rewarded with Finals MVP plum Yet Mourinho wasn’t finished there. In lavishing high praise on Juventus and the Italian’s club re-emergence as one of Europe’s top clubs, he also appeared to be sending a thinly veiled message to United’s board.“A bit far,” Mourinho said, when asked how far United was behind Juventus. “Juventus is (Italian) champion for seven years in a row, two Champions League finals in the last four or five years and not happy with what they have. They want more, they want more.“They had (Gonzalo) Higuain, (Mario) Mandzukic, (Paulo) Dybala, they want more. They want Ronaldo. They had (Andrea) Barzagli, (Giorgio) Chiellini, (Daniele) Rugani, they are not happy, they want more, they want (Leonardo) Bonucci. And they go for the best players in the world. A big, big club with a big past, but with also a big desire to have a big future.”Just like the United of yesteryear.Mourinho said his team, essentially, was no longer in the same league as Europe’s powerhouses.ADVERTISEMENT LATEST STORIES Mourinho continues to hark back to his trophy-laden past.It’s the future he and United have to worry about.Sports Related Videospowered by AdSparcRead Next So, the manner of United’s 1-0 loss to Juventus in the Champions League — and the nature of Jose Mourinho’s comments after Tuesday’s match — were stark reminders of just how far the team has fallen.“Since the draw,” Mourinho said, “we knew it would be a fight with the Valencia for the second position.”FEATURED STORIESSPORTSGinebra beats Meralco again to capture PBA Governors’ Cup titleSPORTSJapeth Aguilar wins 1st PBA Finals MVP award for GinebraSPORTSGolden State Warriors sign Lee to multiyear contract, bring back ChrissThey were remarkable remarks from the manager of a club as huge as United, and it felt like Mourinho’s team took that inferiority complex into the game against Juventus.United’s players looked in awe of their opponents — left back Luke Shaw acknowledged as much, saying his team gave Juventus “too much respect” — and had only 28 percent of the possession in the first half. United had only two shots on target in the whole match. Lights inside SMX hall flicker as Duterte rants vs Ayala, Pangilinan anewcenter_img Gretchen Barretto’s daughter Dominique graduates magna cum laude from California college Don’t miss out on the latest news and information. ManU coach Jose Mourinho sits on the bench during the Champions League group H soccer match between Manchester United and Juventus at Old Trafford, Manchester, England, Tuesday, Oct. 23, 2018. (AP Photo/Dave Thompson)MANCHESTER, England — The presence of Cristiano Ronaldo at Old Trafford revived memories of much better times at Manchester United, when England’s biggest club had a slew of the world’s best players and no trophy felt beyond them.It was only a decade ago, after all, that United was winning the Champions League and three straight Premier League titles. Ronaldo was the poster boy of the generation that included Wayne Rooney, Carlos Tevez, Rio Ferdinand and Paul Scholes.ADVERTISEMENT Tim Cone, Ginebra set their sights on elusive All-Filipino crown Nadine Lustre’s phone stolen in Brazil Lights inside SMX hall flicker as Duterte rants vs Ayala, Pangilinan anew Gov’t to employ 6,000 displaced by Taal Carpio hits red carpet treatment for China Coast Guard PLAY LIST 02:14Carpio hits red carpet treatment for China Coast Guard02:56NCRPO pledges to donate P3.5 million to victims of Taal eruption00:56Heavy rain brings some relief in Australia02:37Calm moments allow Taal folks some respite03:23Negosyo sa Tagaytay City, bagsak sa pag-aalboroto ng Bulkang Taal01:13Christian Standhardinger wins PBA Best Player award View commentslast_img read more

As Ateneo claims a Final 4 slot, National U rewrites UAAP history

first_imgView comments MOST READ Lights inside SMX hall flicker as Duterte rants vs Ayala, Pangilinan anew Don’t miss out on the latest news and information. Ateneo’s ninth win in 11 outings was NU’s seventh loss in 10 games.Not that the Ateneo coaching staff was keeping count.“We didn’t look into the Final Four and we were just focusing on NU,” said assistant coach Sandy Arespacochaga. “We didn’t look beyond this game and that was the key point for us.”The Blue Eagles went on a blistering 22-9 run in the second quarter to take a 44-20 lead after Thirdy Ravena’s free throw.De La Salle tightened its hold of the third spot after fending off Far Eastern University, 65-57, later in the day.The Archers climbed to a 6-4 record while the Tamaraws, who slipped to a 5-6 record, dropped to fifth, allowing idle University of the Philippines (5-5) to gain fourth place. Photo by Tristan Tamayo/INQUIRER.netNational University answered history’s call Saturday afternoon, the same day that Ateneo made its entry to the Final Four official.The Lady Bulldogs whipped the University of Santo Tomas Tigresses, 96-57, in the UAAP women’s basketball tournament at Filoil Flying V Centre in San Juan to notch their 74th straight victory—the longest winning streak in any sport in the league.ADVERTISEMENT Motolite thwarts Pocari gals Carpio hits red carpet treatment for China Coast Guard PLAY LIST 02:14Carpio hits red carpet treatment for China Coast Guard02:56NCRPO pledges to donate P3.5 million to victims of Taal eruption00:56Heavy rain brings some relief in Australia02:37Calm moments allow Taal folks some respite03:23Negosyo sa Tagaytay City, bagsak sa pag-aalboroto ng Bulkang Taal01:13Christian Standhardinger wins PBA Best Player award And the first thing coach Pat Aquino did was heave a relaxed sigh.“[Making history] hasn’t sunk in yet,” Aquino told the Inquirer. “It’s really more a relief right now that we’re done chasing the record. We can now focus on the more important thing, which is winning a title.”FEATURED STORIESSPORTSGinebra beats Meralco again to capture PBA Governors’ Cup titleSPORTSJapeth Aguilar wins 1st PBA Finals MVP award for GinebraSPORTSGolden State Warriors sign Lee to multiyear contract, bring back ChrissOnce the record formerly owned by Adamson’s women’s softball team was within sight, Aquino admitted that it seemed the burden had doubled for NU every time it took the court.“You have to worry about the winning and then at the back of your mind, there is the streak,” said Aquino, who banned any locker room talk of the record chase to keep the Lady Bulldogs’ focus on the game at hand. “I know they read about it and they’re aware, but I told the players not to talk about it.” Gretchen Barretto’s daughter Dominique graduates magna cum laude from California college For the complete collegiate sports coverage including scores, schedules and stories, visit Inquirer Varsity. Allen Durham still determined to help Meralco win 1st PBA title Will you be the first P16 Billion Powerball jackpot winner from the Philippines? Lights inside SMX hall flicker as Duterte rants vs Ayala, Pangilinan anew Gov’t to employ 6,000 displaced by Taal LATEST STORIES Nadine Lustre’s phone stolen in Brazil Tim Cone, Ginebra set their sights on elusive All-Filipino crown Japeth Aguilar embraces role, gets rewarded with Finals MVP plum Aquino passed the credit of the streak to NU management, which took care of recruiting players who “stayed together like family and performed really well on the court.”Ria Nabalan shouldered the scoring duties for the Lady Bulldogs, notching 31 points as NU used a strong second period to knock the fight out of UST.Kaye Pingol added 20 points while reigning MVP Jack Danielle Animam and Congo’s Rhena Itesi each scored 15 for NU, which improved to 10-0 this season.At nearby Smart Araneta Coliseum, Ateneo stared at a similar 10-0 figure on the scoreboard. The Blue Eagles opened the game with 10 straight points before beating National U, 79-64, in the men’s tournament.The Blue Eagles officially tabbed a Final Four slot—although no one really expected them to have to fight for a berth in the semifinals—with the victory while putting the Bulldogs’ own bid in peril.ADVERTISEMENT Sports Related Videospowered by AdSparcRead Nextlast_img read more

No doubt in Bo Perasol’s mind UP can match up with Adamson

first_imgUniversity of the Philippines is headed to its first Final Four appearance in more than two decades and head coach Bo Perasol knows just the trick to keep his team ready for its historic journey.ADVERTISEMENT Perasol is aware of the magnitude of the situation they’re in especially with the third seeded Fighting Maroons (8-6) taking on second seed Adamson University (10-4) that has a twice-to-beat advantage in the Final Four.A team without any experience in the semifinals going on a do-or-die game is sure to have some butterflies in its stomach once the opening team goes up, so Perasol is focusing on uplifting his players’ confidence so they can perform to the best of their abilities.FEATURED STORIESSPORTSGinebra beats Meralco again to capture PBA Governors’ Cup titleSPORTSJapeth Aguilar wins 1st PBA Finals MVP award for GinebraSPORTSGolden State Warriors sign Lee to multiyear contract, bring back Chriss“I actually don’t talk about our lack of experience and as a coach I need to prop up their confidence that there’s nothing different about the Final Four,” said Perasol Thursday at Epsilon Chi Center in UP Diliman.The Fighting Maroons, who last played in the Final Four in 1997, will face the Soaring Falcons who have ran over them in the eliminations sweeping the season series 2-0 between them. Nadine Lustre’s phone stolen in Brazil For the complete collegiate sports coverage including scores, schedules and stories, visit Inquirer Varsity. Will you be the first P16 Billion Powerball jackpot winner from the Philippines? Both games were as tense as it could get with the first round ending in a 69-68 score line after Sean Manganti’s game-winner.The second round matchup was no different, with Adamson taking the 80-72 win behind another one of Manganti’s gutsy plays down the stretch.UP went on a 22-7 run to go to as close as four, 74-70, with less than two minutes remaining in the game before Manganti decided to shatter the Fighting Maroons’ collective heart with a flaming three-pointer for the Falcons’ 77-70 lead and effectively quashing any more advancements.Perasol said he kept things simple with his team so as not to complicate the situation and also reminding his players to play better in the end game.“We make sure to execute the right way, take high percentage shots, defend when we can, don’t allow second chance points, and those are things they can remember,” said Perasol who was once a Fighting Maroon from 1989 to 1993. “We shouldn’t think that we lost to Adamson twice. There’s no doubt in my mind that we can matchup with Adamson well and I think that we have to do better in the end game.”ADVERTISEMENT MOST READ Carpio hits red carpet treatment for China Coast Guard PLAY LIST 02:14Carpio hits red carpet treatment for China Coast Guard02:56NCRPO pledges to donate P3.5 million to victims of Taal eruption00:56Heavy rain brings some relief in Australia02:37Calm moments allow Taal folks some respite03:23Negosyo sa Tagaytay City, bagsak sa pag-aalboroto ng Bulkang Taal01:13Christian Standhardinger wins PBA Best Player award Lights inside SMX hall flicker as Duterte rants vs Ayala, Pangilinan anew Don’t miss out on the latest news and information. Lights inside SMX hall flicker as Duterte rants vs Ayala, Pangilinan anewcenter_img View comments With Finals spot within reach, Akhuetie, UP Maroons ‘have to believe’ they can do it LATEST STORIES Gov’t to employ 6,000 displaced by Taal Japeth Aguilar embraces role, gets rewarded with Finals MVP plum Tim Cone, Ginebra set their sights on elusive All-Filipino crown Sports Related Videospowered by AdSparcRead Next Allen Durham still determined to help Meralco win 1st PBA title Gretchen Barretto’s daughter Dominique graduates magna cum laude from California collegelast_img read more

Tokyo ‘best-prepared’ host city for Olympics – IOC chief

first_imgNadine Lustre’s phone stolen in Brazil According to the latest version of the budget, organisers project the total cost of the Games at 1.35 trillion yen, or around $12 billion.Organisers are expected to release an updated version of the budget next month.Bach said he expected an “excellent Olympic Games from the organisational point of view, from the engagement point of view and from the atmosphere point of view.”ADVERTISEMENT No.13 lucky for Orlando Bloom Sports Related Videospowered by AdSparcRead Next Tyler Zeller looking forward to USA Basketball debut But he added: “I do not remember any host city which was so far in its preparations two years before the Olympic Games than Tokyo.”Japan has mostly lived up to its reputation for efficiency, with construction projects generally on schedule.FEATURED STORIESSPORTSGinebra beats Meralco again to capture PBA Governors’ Cup titleSPORTSJapeth Aguilar wins 1st PBA Finals MVP award for GinebraSPORTSGolden State Warriors sign Lee to multiyear contract, bring back ChrissHowever, there have been concerns over the summer heat in Tokyo affecting endurance events such as the marathon and race walking.There has also been some wrangling over the cost of the Games — split between the 2020 Organising Committee, the Tokyo city government and the central government — with disagreements over what counts as Olympics-linked expenditure. Gretchen Barretto’s daughter Dominique graduates magna cum laude from California college Don’t miss out on the latest news and information. ‘Mia’: Rom-com with a cause a career-boosting showcase for Coleen Garcia Ginebra beats Meralco again to capture PBA Governors’ Cup title After winning title, time for LA Tenorio to give back to Batangas folk View comments MOST READ Lights inside SMX hall flicker as Duterte rants vs Ayala, Pangilinan anew Lights inside SMX hall flicker as Duterte rants vs Ayala, Pangilinan anew FIEL – In this Aug. 24, 201, file photo, Tokyo Gov. Yuriko Koike, second from right, and Tsunekazu Takeda, president of the Japanese Olympic Committee, walk past the logo of the Tokyo 2020 Olympics during the Olympic flag arrival ceremony at Haneda international airport in Tokyo. The price tag keeps soaring for the 2020 Tokyo Olympics despite local organizers and the International Olympic Committee saying that spending is being cut. (AP Photo/Eugene Hoshiko, File)IOC chief Thomas Bach said Wednesday that Tokyo was the best-prepared host Olympic city he could remember, with just more than 600 days to go until the 2020 Opening Ceremony.Speaking to representatives from 206 Olympic Committees from around the world, Bach noted he had some “unfortunate” experiences with the preparations of some Olympic Games.ADVERTISEMENT Japeth Aguilar embraces role, gets rewarded with Finals MVP plum LATEST STORIES Carpio hits red carpet treatment for China Coast Guard PLAY LIST 02:14Carpio hits red carpet treatment for China Coast Guard02:56NCRPO pledges to donate P3.5 million to victims of Taal eruption00:56Heavy rain brings some relief in Australia02:37Calm moments allow Taal folks some respite03:23Negosyo sa Tagaytay City, bagsak sa pag-aalboroto ng Bulkang Taal01:13Christian Standhardinger wins PBA Best Player awardlast_img read more

NPA, IE Draw Round 5 Encounter

first_imgThe clash produced nearly eight yellow card cautions, with Invincible Eleven receiving five as against three by NPA.The first half ended 0-0 and Invincible Eleven’s Elijah Clark found the opener in the 59th minute following a direct kick.Though there were no corner-kicks in the first half, the second half registered several corner-kicks for both teams that were not utilized to advantage.By the 85th Invincible Eleven’s players had exhibited tiredness, while the NPA players were just starting to attack.It therefore came as no surprise when substitute Weaka Peters hit the equalizer in the 86th minute.From here it was all NPA-Anchors game as Invincible Eleven defended their goal area till the three minutes extra time ended.Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window) The NPA Anchors yesterday forced the Invincible Eleven (IE) to a 1-1 draw in their Round 5 league encounter at the Antoinette Tubman Stadium.last_img read more

Ecobank Ousts Group CEO

first_imgThierry Tanoh, the Ivorian Chief Executive Officer of Ecobank Transnational Incorporated (ETI), was forced out of his exalted position last week at a rather quiet board meeting of the bank held in Lome, Togo. Mr. Tanoh joined the Ecobank Group as CEO designate in July 2012 and commenced his executive role in October 2012 prior to being appointed Group CEO in January 2013. Tanoh came under renewed pressure last week after a stormy emergency general meeting of the bank where it was revealed that he had failed to comply with instructions by Nigeria’s Securities and Exchange Commission (SEC) to recall Laurence do Rego, a former executive director of the pan-African bank responsible for finance and risk and whose whistle blowing, some say, brought the rumbling in the Bank into the open.Hints that the CEO may be attending his last board meeting first came the week earlier when it emerged that the directors had been advancing a position that was seen as unfavorable to Tanoh. In the end, this paper has been told, the former CEO did not even bother to attend the crucial meeting.In his place, directors of the board asked one of the deputy managing directors, a Ghanaian, Albert Essien, to occupy the CEO position until a substantive head was found for the Bank in October.Announcing the replacement, ETI Interim Chairman, André Siaka said “Mr. Albert Essien has the experience and knowledge that Ecobank needs to take us forward as we continue to implement our strategy to deliver outstanding customer service, to improve long-term shareholder value and returns and to be the employer of choice in our markets.”He also wished the outgoing CEO, Thierry Tanoh well in his new field of endeavor. “We wish to thank Thierry Tanoh for his service to Ecobank and wish him every success in the future.” At last week’s meeting, this paper has also learnt, it was also decided that do Rego be recalled. South Africa’s Public Investment Corporation (PIC), Ecobank’s single largest shareholder, has for sometime expressed concerns about Tanoh, media reports from the region have said.The PIC, which owns more than 18 percent of Ecobank, according to the Lome, Togo-based lender, was concerned about performance under Tanoh. However, two former directors of Ecobank, Babatunde Ajibade and Kolapo Lawson, who served on a board that now has 12 members, said criticism of Tanoh was rooted in fear by other senior executives that his willingness to reform governance might expose past problems.In recent interviews with Nigerian journalists, both men declined to spell out those alleged failures in detail. But Lawson said in a resignation letter dated February 7, 2014 and seen by Reuters that they stemmed from “the ETI public offering of 2008”, which refers to the bank’s flotation on the Nigerian Stock Exchange.Whatever the case, Mr. Thierry Tanoh, a former International Finance Corporation’s (IFC) vice president for Sub-Saharan Africa, Latin America and the Caribbean and Western Europe, has been ousted by Ecobank and subsequently replaced by Albert Essien as new group Chief Executive Officer (CEO) of the Company.Mr. Essien has been at Ecobank for more than 20 years, rising to the position of Deputy Group CEO two years ago. Prior to becoming Deputy CEO, Mr. Essien was the Regional Head for the Anglophone West Africa (excluding Nigeria) and Eastern and Southern Africa (ESA) regions.According to an ETI statement, Mr. Essien’s appointment follows the departure of the current Group Chief Executive Officer of the Bank, Thierry Tanoh, effectively Wednesday, March 12, 2014. Meanwhile, the Board of Directors of ETI also announced that in line with a directive the Securities and Exchange Commission of Nigeria, Mrs. Laurence do Rego is reinstated as Group Executive Director of Finance and Risk with immediate effect.During their Board meeting, the Directors reaffirmed their commitment to implementing the detailed 51-point Governance Action Plan adopted by shareholders at an Extraordinary General Meeting held at Ecobank’s Pan African Centre in Lomé on March 3, 2014.The plan, which is expected to be implemented by the end of April 2014, aims at strengthening governance within the Ecobank Group.Prior to becoming Deputy CEO Mr. Essien was the Regional Head for the Anglophone West Africa (excluding Nigeria) and Eastern and Southern Africa (ESA) regions. He started his banking career in 1986 with the National Investment Bank in Accra, Ghana and joined the Corporate Banking Department of Ecobank Ghana in 1990. In 1997, he became Country Risk Manager.Essien was appointed Deputy Managing Director in 2001 and became Managing Director in December 2002. Albert Essien has a degree in Economics from the University of Ghana and is an alumnus of the Executive Development Program of INSEAD (France / Singapore). He is also an honorary fellow of the Chartered Institute of Bankers, Ghana.Speaking as the Board nominated him as the new Group CEO Albert Essien said, “I have been working for Ecobank for more than 20 years and I am proud of what we have achieved so far. I am committed to achieving our vision of building a world class pan-African bank which contributes to the economic development and financial integration of Africa and to our mission of providing our retail and wholesale customers with convenient, accessible and reliable financial products and services.ETI is the parent company of the leading independent pan-African banking group, Ecobank. It currently has a presence in 35 African countries, namely: Angola, Benin, Burkina Faso, Burundi, Cameroon, Cape Verde, Central African Republic, Chad, Congo (Brazzaville), Congo (Democratic Republic), Côte d’Ivoire, Equatorial Guinea, Ethiopia, Gabon, Gambia, Ghana, Guinea, Guinea Bissau, Kenya, Liberia, Malawi, Mali, Niger, Nigeria, Rwanda, Sao Tome and Principe, Senegal, Sierra Leone, South Africa, South Sudan, Tanzania, Togo, Uganda, Zambia and Zimbabwe.The Group is also represented in France through its affiliate EBI SA in Paris. ETI also has representative offices in Dubai, United Arab Emirates, London, UK and Beijing, China. ETI is listed on the stock exchanges in Lagos, Accra, and the West African Economic and Monetary Union (UEMOA) – the BRVM. The Group has more than 600,000 local and international institutional and individual shareholders. The Group employs 19,200 people from 40 different countries in 1,250 branches and offices.Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)last_img read more

World’s 1.8B Young People Can Propel Socioeconomic Development

first_imgDeveloping countries with large youth populations could see their economies soar, provided they invest heavily in young people’s education and health and protect their rights, according to The State of World Population 2014, published recently by the United Nations Population Fund (UNFPA).The potential economic gains would be realized through a “demographic dividend,” which can occur when a country’s working age population is larger than the population that is dependent and younger, the report shows.But to maximize the dividend, countries must ensure that their young working-age populations are equipped to seize opportunities for jobs and other income-earning possibilities.“Today’s record 1.8 billion young people present an enormous opportunity to transform the future,” says UNFPA Executive Director, Dr. Babatunde Osotimehin. “Young people are the innovators, creators, builders and leaders of the future. But they can transform the future only if they have skills, health, decision-making, and real choices in life,” he added.With the right policies and investments in human capital, countries can empower young people to drive economic and social development and boost per-capita incomes, the new UNFPA report states.The UNFPA Executive Director urges countries in pursuit of a demographic dividend to ensure the gains result in growth that benefits everyone.“It is too easy to talk about the demographic dividend in terms of money, savings and economic growth, which have so far excluded many,” Dr. Osotimehin says. “The demographic dividend must be harnessed to achieve inclusive growth and offer opportunities and well-being for all.”In the 1950s and 1960s, several East Asian economies invested heavily in young people’s capabilities and in expanding their access to voluntary family planning, enabling individuals to start families later and have fewer children. The result was unprecedented economic growth. The Republic of Korea, for example, saw its per-capita gross domestic product grow about 2,200 per cent between 1950 and 2008.Nine in ten of the world’s young people today live in less developed countries. Because of lagging social services, these countries face greater obstacles to leveraging the advantages that can result from engaging a youthful, productive workforce.The UNFPA report shows that demographic shifts taking place in about 60 countries are opening a window for a demographic dividend. The size of the dividend depends largely on how those countries invest in young people to realize their full potential.If sub-Saharan African countries repeated the East Asian experience by making the right investments in young people, enabling them to participate in decisions that affect their lives and adopting policies to bolster economic growth, the region as a whole could realize a demographic dividend amounting to as much as $500 billion a year, for 30 years.A demographic dividend of this magnitude has the potential to lift hundreds of millions of people out of poverty and raise living standards and catapult economies forward, the report states. Critical youth investments needed to reap a demographic dividend are those that protect rights, including reproductive rights, improve health, including sexual and reproductive health, and provide skills and knowledge to build young people’s capabilities and agency. These investments can also accelerate fertility declines, which can in turn accelerate the demographic transition.Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)last_img read more

A luta continua!

first_imgDear Editor,The post-judgement rulings of the Caribbean Court of Justice (CCJ) were surprising for their brevity. After six months of legal proceedings, all the CCJ felt was required by way of consequential orders was to read aloud Article 106 of the Guyana Constitution and remind that it is clear and then further point out the provisions that apply. “These provisions need no gloss on the part of the Court to render them intelligible and workable. Their meaning is clear and it is the responsibility of constitutional actors in Guyana to honour them,” Saunders said.By its use of the word ‘clear’, I believe the CCJ has erred grievously. There are two schools of thought about the APNU/AFC Government – dense or obtuse. Both of these characterisations face difficulty with the ruling. For the ‘dense’, the CCJ is ascribing an innate intelligence quotient (IQ) to persons occupying Government office; without a modicum of evidence to support such an assessment. Given the level of asininity displayed in public utterances and the submissions made to the Court, one cannot expect anything to be ‘clear’ to such persons. The school of the ‘deliberately obtuse’ suffers even more, for after six months of pretended misunderstanding, the CCJ has simply said ‘read the article, apply the provisions and act with integrity’. This leaves very little room for ‘face-saving’ manoeuvres— a shame-faced acceptance that APNU/AFC has been engaged in delay tactics and will now comply is the best outcome, pariah status and personal sanctions the worst.The CCJ reiterated the No-Confidence Motion was appealed and the three-month time limit will commence from when the CCJ eventually upheld it on June 18, that under the Constitution, after a No-Confidence Motion is passed by the National Assembly, the President and Cabinet must immediately resign but the Government is allowed to stay in place in a caretaker role until the fresh election is completed within three months. Compliance with Article 106 of the Constitution. Clear enough?Editor, Unlike the Judges of the CCJ, I harbour no illusions about APNU/AFC IQ’s and have furthered girded my loins for the struggle ahead. APNU/AFC are stupid or playing stupid, either way— a luta continua!Yours truly,Gomati Kalicharranlast_img read more