Category: iyawhnsh

BI sees room for more easing to jack up weakening economy

first_imgForeign investors dumped a net Rp 30.8 trillion (US$2.17 billion) on Indonesian assets through February until Feb. 27, of which Rp 26.2 trillion was in government bonds and Rp 4.1 trillion in stocks, said Perry.Read also: BI expects Q1 economic growth to drop to 4.9% as virus hurts tourism, trade“The difference with other countries is that BI is not doing this [supporting economic growth] alone. There‘s fiscal stimulus being carried out by the government and other financial system protection measures by the OJK [Financial Services Authority],” he said.“Going forward, the direction of BI’s monetary stance will continue to be accommodative,” Perry added.The BI board of governors will meet on March 18 and 19 to determine the direction of monetary policy going forward, including on policy rate. Topics : Read also: Fed cuts half point in emergency move amid spreading virus“There are still plenty of BI instruments from BI’s five main instruments that we can use,” Perry briefed media leaders at BI headquarters in Jakarta.He cited room for a lower reserve requirement ratio for both the US dollar and local currency for local banks, as well as mentioning the policy rate as a possible easing measure to jack up growth, which is expected to slow down to 4.9 percent in the first quarter, compared with a three-year low of 4.97 percent in the final quarter of 2019.BI cut its benchmark interest rate, the seven-day reverse repo rate, by 25 basis points in February and announced on Monday five measures to stabilize the financial market and prop up the rupiah, including cutting the reserve ratio to free up billions of dollars in the domestic banking industry that could support the financial market as well as export-import activities severely hit by the coronavirus outbreak.center_img Indonesia’s central bank sees “ample” room for both monetary and macroprudential policy easing as the coronavirus is seen dragging down Indonesia’s economic growth in the first quarter.Bank Indonesia (BI) Governor Perry Warjiyo said Wednesday that unlike developed countries, Indonesia had the luxury of various fiscal and monetary measures to stimulate the economy.The statement follows the US Federal Reserve’s surprise policy rate cut of half a percentage point to a target range of 1 percent to 1.25 percent in an attempt to shield the world’s largest economy from the economic impact of the coronavirus outbreak.last_img read more

Krystian Bielik convinced Arsene Wenger would have given him chance at Arsenal

first_imgBielik joined Derby this summer (Picture: Rex Features)Krystian Bielik believes he would have been guaranteed a chance at Arsenal were Arsene Wenger still in charge at the Emirates.The Pole left Arsenal this summer in a permanent switch to Championship side Derby County after previous loan spells at Birmingham City, Walsall and Charlton.Arsenal reportedly wanted to tie Bielik to a new long-term deal, but the 21-year-old decided to join Derby.Speaking about his switch, Bielik hinted he did not feel Emery would give him opportunities at Arsenal.ADVERTISEMENT Metro Sport ReporterTuesday 20 Aug 2019 11:45 pmShare this article via facebookShare this article via twitterShare this article via messengerShare this with Share this article via emailShare this article via flipboardCopy link23Shares Comment Advertisement Advertisementcenter_img Bielik hinted he didn’t think Emery would give him a chance (Picture: Getty)‘Is leaving Arsenal my failure? No. I don’t feel that way at all. I know that if Arsene Wenger was still working at the club, I would get a chance,’ he told Polish outlet Przeglad Sportowy.AdvertisementAdvertisementBielik explained in the interview Emery had asked him to join the first-team for pre-season having been impressed with his performances at Charlton.But soon after the invitation was issued, Arsenal told Bielik of the offer from Derby and he had no doubts about the move. Bielik was invited to train with Arsenal by Emery (Picture: Rex Features)Derby paid a club record for Bielik, with the deal reportedly worth £9.5million after add-ons.Bielik, who can play at centre-back or as a defensive midfielder, joined Arsenal as a 17-year-old from Legia Warsaw.Emery had a busy summer transfer window, signing Nicolas Pepe, Kieran Tierney and William Saliba to permanent deals and bringing Real Madrid midfielder Dani Ceballos in on loan.Ceballos is already a big hit with the Arsenal fans and supporters are excited to see how goalscorer Pepe will link up with Pierre-Emerick Aubameyang and Alexandre Lacazette.MORE: Josh Kroenke wants to cut away Arsenal deadweight amid Shkodran Mustafi transfer speculationMore: FootballRio Ferdinand urges Ole Gunnar Solskjaer to drop Manchester United starChelsea defender Fikayo Tomori reveals why he made U-turn over transfer deadline day moveMikel Arteta rates Thomas Partey’s chances of making his Arsenal debut vs Man City Krystian Bielik convinced Arsene Wenger would have given him chance at Arsenallast_img read more

Police: Westport man arrested after dine-and-dash

first_imgChad McNicholas was arrested Monday in Greensburg.GREENSBURG, Ind. – Insulting a law enforcement officer in the same restaurant you skip the bill on is a good way to perhaps end up in jail.25-year-old Chad McNicholas, of Westport, was booked into the Decatur County Jail Monday on suspicion of theft, resisting law enforcement and public intoxication.McNicholas was dining at a Mexican restaurant in Greensburg where he allegedly insulted a deputy and then failed to pay the $30 bill before leaving on a bicycle, the Greensburg Daily News reports.The deputy, who was dining at the restaurant, called fellow officers who were able to locate someone matching the description on Davidson Street. Police say the suspect tried to ride past the officer before being thrown to the ground and taken into custody.Authorites said McNicholas had a blood alcohol content of 0.147 percent. The legal limit in Indiana is 0.08 percent.last_img read more

Tommy Bowe backs Andrew Trimble to replace Jared Payne in Ireland squad

first_img “He’s one of the centres who has played the most in that position, probably himself and Robbie (Henshaw), but knowing the likes of Luke (Fitzgerald) have already played at this World Cup, Darren Cave can obviously play there, Keith Earls has slotted in as well. “So versatility is a huge positive for us.” Scrum coach Greg Feek and captain Paul O’Connell revealed a sombre mood in the Ireland camp on bidding Payne an unhappy farewell on Saturday morning. “It’s a massive loss and we really feel for him,” Feek said. “It was a bit of a moment for him. “It’s always tough to lose one of your family members like that. “His foot just got re-checked this week. (On Friday) evening he got the confirmation. “You try to include him and we wanted to try to get him out there this week, but it was also about managing that process while we were finding out how he was.” New Zealand-born Payne has excelled in Ireland’s midfield since his November 2014 debut, helping Schmidt’s huge battle of moving the side past the twin retirements of Brian O’Driscoll and Gordon D’Arcy. Payne and Robbie Henshaw have forged a formidable defensive unit in the centres, and Earls will have to be at his very best to maintain that level against France, especially with juggernaut centre Mathieu Bastareaud careering through his channel. “He’s a big loss,” Ireland captain O’Connell said. “What he’s done in the short time he’s played for Ireland has been incredible. “He’s very calm on the pitch. He’ll tell you exactly what to do in one short sentence. “He’s had an elder statesman attitude about how he goes about things. “For the journey he’s been on to get here, it’s hugely disappointing for the group when it was announced (on Saturday) morning.” Payne flew home on Saturday morning, with Ireland delaying a decision on his replacement until after Sunday’s Pool D decider with France – but Tommy Bowe backed Ulster wing Trimble to join Joe Schmidt’s squad. “I tell you what, listen, Trimby’s a really great mate of mine – I’d love to see him out here,” Bowe said. “I think he has a fantastic opportunity to be here. He was definitely a guy who trained exceptionally well during pre-season. “He’s a very experienced customer. He’s shown exactly what sort of quality he has and when it comes to these big matches. We know what we can expect from a player of his quality. “So I think Andrew is definitely one person who will be eagerly hoping that he’s the man who gets the call-up, but unfortunately I know as little as anyone at the minute and thankfully it’s not my call who comes out.” Ireland will top Pool D and meet Argentina with victory over France in Cardiff on Sunday, with Munster’s Keith Earls continuing at 13 in Payne’s absence. Bowe backed Ireland’s depth and versatility across the back line to help offset Payne’s loss, despite the Ulster star being head coach Schmidt’s clear first choice at outside centre. “That’s one of the benefits with us knowing that Jared has had to bow out,” Bowe said. Ulster’s Payne was ruled out of Ireland’s World Cup campaign with a foot fracture on Saturday, after initially being passed fit in midweek. The 29-year-old suffered a bad reaction to training on Wednesday and scans revealed the extent of his problem on Friday night. Andrew Trimble has been backed to replace luckless centre Jared Payne in Ireland’s World Cup squad. Press Associationlast_img read more

Update on the latest sports

first_img Share This StoryFacebookTwitteremailPrintLinkedinRedditVIRUS OUTBREAK-SPORTSTrack world championships moved to 2022UNDATED (AP) — The track world championships in Eugene, Oregon, have been rescheduled for July 15-24, 2022. — The president of the International Paralympic Committee says the body has “cash-flow” problems because of the Olympic and Paralympic postponement until 2021. Andrew Parsons says about 5% of spending is being cut from the IPC’s budget. Parsons says the problem is due partly to broadcast rights holders who want to delay their payments until the product is delivered. Parsons says it’s not a question of “losing money” but rather some temporary belt tightening.— The players and coach on Switzerland’s national soccer team have declined to take more than $1 million of payments that were due from their federation in 2020. The team was scheduled to play in the now-postponed European Championship in June and had two games in Qatar canceled last month because of the coronavirus pandemic. The shutdown of games has cost the Swiss soccer body millions of dollars. Federation chairman Dominique Blanc says it’s a “magnificent gesture” from the players. Blanc tested positive for the virus three weeks ago. Team captain Stephan Lichtsteiner says “we wanted to set an example and show solidarity.”— A two-time Olympic finalist in the 800 meters has died after getting infected with the coronavirus. The Italian Olympic Committee says Donato Sabia has died. He was 56. Sabia finished fifth in the 800 at the 1984 Los Angeles Games and seventh at the 1988 Seoul Games. He also won the 800 at the 1984 European Indoor Championships. Sabia died in his hometown of Potenza in southern Italy shortly after his father also died from the virus.— The Tokyo Olympic flame has been taken off public display in Japan. And it’s not clear when it will reappear again, or where — or under what conditions. The flame arrived in Japan from Greece on March 26. After the Tokyo Olympics and the torch relay were postponed until next year, the flame was put on display in the northeastern prefecture of Fukushima. It was supposed to remain on display through the end of April, but it was removed to an undisclosed location after Prime Minister Shinzo Abe (shin-zoh AH’-bay) declared a state of emergency yesterday that includes limiting large crowds.NHL-OILERS-CAVE April 8, 2020 Oilers’ Cave out of emergency surgery, remains in comaUNDATED (AP) — The Edmonton Oilers say forward Colby Cave is out of emergency surgery after suffering a brain bleed.The team posted on Twitter that doctors removed a colloid cyst that was causing pressure on Cave’s brain Tuesday. He remains in a medically induced coma at Sunnybrook Hospital in Toronto.Cave’s wife, Emily, said earlier on Instagram that doctors were “fighting to keep him alive” in surgery. “We need a miracle,” Emily Cave wrote. “Please pray for my husband and best friend.”The 25-year-old Cave scored one goal in 11 games with Edmonton this season.  The event was pushed back a year because the Tokyo Olympics were delayed until 2021 amid the coronavirus pandemic. The track worlds were originally scheduled for Aug. 6-15, 2021.World Athletics president Sebastian Coe says 2022 will be a “bonanza for athletics fans around the world” with the Commonwealth Games beginning in Birmingham, England, only three days after the track worlds. The multisport European Championship is currently slated for Aug. 11-21 in Munich.World Athletics has also postponed the bidding processes for 2023 World Athletics Series events. They will now open in November 2020.In other developments related to the coronavirus:— Formula One says it will furlough half of its staff until the end of May and senior executives will take pay cuts amid the coronavirus pandemic. F1 says senior leadership figures will take “voluntary pay cuts while still continuing to work and not in furlough,” and CEO Chase Carey will take a “much deeper” pay cut. F1 has postponed eight races so far this season and the Monaco Grand Prix has been canceled. The season is currently scheduled to begin in France on June 28. More postponements are likely to turn into cancellations, but F1 has said it is still hoping to stage between 15 and 18 races out of the original 22. Update on the latest sports Associated Press NFL-FALCONS-UNIFORMSFalcons to wear all-black home uniforms as part of redesignATLANTA (AP) — The Atlanta Falcons are moving to black pants with black jerseys for their home uniforms in 2020 as part of a redesign the team says respects past fashion choices with updates “to match the modern progression of Atlanta.”The team’s first redesign in 17 years also include white jerseys and white pants for road uniforms. The Falcons will wear continue to use black helmets.Each new look features red stripes. The black home jerseys will have white numbers. The all-white road uniforms include black numbers. Falcons President Rich McKay says the redesign was influenced by feedback from fans.,Tampa Bay Lightning advance to face Dallas Stars in Stanley Cup finals, beating New York Islanders 2-1 in OT in Game 6last_img read more

Wisconsin earns home split with Robert Morris

first_imgBrooke Ammerman scored the game-winning goal in overtime against Robert Morris Saturday.[/media-credit]Although it was an unexpectedly intense fight Saturday at the Kohl Center, the No. 6 UW women’s hockey team was able to walk away with an overtime win over the Robert Morris Colonials.It was the Badgers who struck first, keeping the Colonials offense at bay throughout the first period. But Robert Morris held on tight throughout, taking advantage by scoring on two of its power plays and driving the game into overtime. It was the Badgers’ sophomore Brooke Ammerman who had the final word, however, knocking in a goal off an assist from junior Mallory Deluce to seal the 3-2 win.Wisconsin head coach Tracey DeKeyser was happy to see her team get a win in the series after the strong effort they showed in both games.“It’s nice to get a win,” DeKeyser said. “We regrouped really well in the neutral zone, we were doing some great stretch breakouts. It’s nice to be rewarded for hard work.”In the first period, UW came out strong expecting Robert Morris’s physical style of play. Fifteen minutes into the period, UW senior Emily Kranz drove in a goal off a rebound, putting the Badgers ahead 1-0. The momentum of the game soon changed, however, as Robert Morris used its power plays to the fullest advantage. Colonials’ freshman Jamie Joslin shot the puck into the net past Badgers goalie Alannah McCready 10 minutes into the second period.The Badgers were quick to respond to the Colonials goal, though. Before the series with Robert Morris, Wisconsin had only scored twice out of 44 power plays this season, but Wisconsin finally capitalized off one of only three power plays in the game, as junior Kelly Nash slid the puck past Colonials goalie Daneca Butterfield 14 minutes into the second period to put the Badgers ahead 2-1.But Robert Morris was not ready to quit just yet. In the third period the Colonials utilized their fifth power play of the game just seven minutes in to tie the game up at two on a goal by sophomore Brianna Delaney, ultimately driving the game into overtime.The Colonials quickly had a chance to win, getting a penalty shot one minute into overtime. McCready was able to force Delaney to the side and make the save, allowing the Badgers to still have a chance for the win. McCready was at first unprepared for the penalty shot but was happy she was able to come away with the save.“I didn’t know it was a penalty shot at first,” McCready said. “I was hoping she would make a move because it’s harder to stop a breakaway when they shoot. … It’s always [my] goal to push them to one side so it’s easier to make a save and it ended up working out for me, so I was happy.”The Badgers were able to come away with the win 3-2 as Ammerman knocked in a goal in the third minute of overtime thanks to a nice pass from Deluce.“[Deluce] just threw it to the net and the rebound just came to me and I just went down on one knee to make sure I didn’t throw it over the top of the net,” Ammerman said of her goal.The sophomore also added that Robert Morris played a tough game and it was Wisconsin who got lucky in the end to walk away with the win.Despite being favored in the matchup, the Badgers fell to the Colonials 3-1 in the opener Friday afternoon, splitting the series with the Hockey America Conference squad.After neither team scored in the first period, it was all Robert Morris in the second as the Colonials scored twice against Wisconsin goalie Becca Ruegsegger. Although Wisconsin started a comeback midway through the third period as freshman Saige Pacholok scored the first Wisconsin goal of the game, Robert Morris clinched the win when junior Sara O’Malley scored from across the neutral zone into an empty net.Robert Morris came into the game with a very different style of defense than Wisconsin was used to. Despite preparing for the novel defense, the Badgers were unable to capitalize on their few chances throughout the first game. DeKeyser noted how the Colonials’ effective defensive system disrupted her team’s offensive attack.“They put basically their whole team in front of their net and if we’re not specific about where we’re shooting or we have our head down, you’re going to most likely hit one of them,” she said. “It’s not very pretty or sophisticated defense, it’s just effective.”After splitting their fourth series out of five this season, the Badgers are still working on being more consistent.“We’ve been inconsistent this weekend,” Dekeyser said. “That’s a sign of a young team and it adjusting to their roles, but [we’ve] got to live and learn and hopefully we have.”last_img read more

Syracuse University announces that defamation lawsuit against Jim Boeheim has been settled

first_img Facebook Twitter Google+ Published on August 6, 2015 at 4:35 pm Contact Paul: | @pschweds Men’s basketball head coach Jim Boeheim and Syracuse University have settled the defamation lawsuit filed by Michael Lang and Bobby Davis, SU announced in a release on Thursday. The terms of the agreement will not be released, a university spokesman said.In 2011, Lang and Davis accused Bernie Fine of sexually abusing them while they were ball boys in the 1980s and 90s. Boeheim called them liars who were out to get money, which led to the lawsuit.“Coach Boeheim regrets that he made those statements and that he questioned the integrity of Bobby Davis and Michael Lang,” the release said. “Since then, he has publicly committed to focus his charitable efforts on providing assistance to victims of sexual abuse, which he continues to do.”Following the accusations, Fine was immediately placed on leave and eventually fired. Fine has denied all wrongdoing and was not charged following an almost yearlong federal investigation.In a statement, Lang and Davis said they are glad that the case has settled.AdvertisementThis is placeholder text“We have always sought above all to ensure that those who suffer the kind of childhood sexual abuse that we did, feel unafraid to report it and to speak about it,” Lang and Davis said in the statement. Commentscenter_img Related Stories Two sides unable to resolve Boeheim defamation case through mediationDavis, lawyers react to oral arguments in Boeheim defamation caseCourt briefs outline arguments in defamation case against Jim BoeheimDavis, Lang appeal suit dismissalFine accusers filing defamation lawsuit against university, Boeheimlast_img read more

Voter support for new water system drops in latest poll

first_imgFollow us on Twitter @dailytrojan Though a majority of California voters support Gov. Jerry Brown’s proposal to adjust the path of water transportation in order to preserve more than 10,000 acres of wildlife habitat, support dropped by 36 percentage points after being informed of the potential costs.According to a recent poll by the USC Dornsife College of Letters, Arts and Sciences and the Los Angeles Times, 51 percent of those polled said they supported the bill prior to being informed of the $25 billion cost of the project.“There’s no question that Californians understand that something needs to be done to make sure that they have a safe and clean water supply available to them,” said Dan Schnur, director of the USC Dornsife/Los Angeles Times Poll and USC’s Unruh Institute of Politics. “They simply don’t trust state government to make it happen, so they’re very supportive of the governor’s proposal, but when they’re told how much it costs or how much it would cost, that support disappears.”Several USC students agreed that California’s water crisis is an important issue and supported Brown’s proposal, despite the cost.“I think the environment is more important than just a piece of paper in your hand because the environment will last forever versus our human civilization, which will not be around forever,” said Hailey Rheinschild, an undeclared sophomore.Gina Oh, a sophomore majoring in communications, also thought the issue was important to discuss.“I believe in long-term rather than short-term gratification, and we are in a water crisis,” Oh said. “So it makes more sense to work towards a long term goal of conserving water because we are definitely going to run out at some point.”Sixty-three percent of Californians polled agreed that there is a water crisis or at least a major problem. Carlos Portela, a senior double majoring in aerospace engineering and physics, admitted that students are not necessarily affected by the water crisis, but said he still supported the bill.“I feel like college campuses and residences where people don’t specifically pay for utilities have no regard for conserving water,” Portela said. “So people should know that there’s a big problem and start using it more responsibly.”In addition, more than 80 percent of those sampled said they have adjusted their personal habits to conserve more water. Students also said they have taken measures to conserve water, as well as to protect the environment in general.“I use a Brita,” said Maren Jorgensen, a sophomore majoring in psychology. “I don’t buy water bottles over and over again. I use the sink and I take short showers.”Experts worried that despite California voters saying they work to conserve water, few are willing to spend the extra money to help preserve water and the environment.“Californians have been living with the threat of a water shortage for a long time, yet most remain satisfied with the quality and availability of their water. This contributes to making it more of an ethereal problem than an immediate problem,” Drew Lieberman, vice president of Greenberg Quinlan Rosner, told USC News. “As a result, people have little appetite for spending money to address it now, and the shift away from the proposals once we added in the cost component was, frankly, enormous.”last_img read more

Rafi Ashkenazi – New look Stars Group will be online gambling’s MVP

first_img StumbleUpon PokerStars moves to refresh global appeal with ‘I’M IN’ August 18, 2020 Submit Related Articles Share Addressing The Stars Group Inc investors, Group Chief Executive Rafi Ashkenazi has detailed his firm’s newly enlarged global gaming vision, having completed three industry-defining acquisitions in under two months.As the global betting sector prepares for a crucial summer of football trading, Ashkenazi states that the Stars Group has acquired ‘the world’s best online sportsbook in Sky Bet’.Combining Sky Bet synergies with its market-leading PokerStars platform, Ashkenazi details that an enlarged Star Group will now operate with ‘the world’s leading online gambling product mix’.Completing a ‘pivotal period’ for the Stars Group’s future enterprise, Ashkenazi states that the firm’s new leadership vision will be to deliver the industry’s ‘most valuable listed online gambling company’.“The businesses are complementary. These transactions offer our business significant, financial and operational benefits, which greatly increase our scale, cementing our position in many of the world’s leading regulated geographies”.Moving forward with its $4.7 billion acquisition of Sky Betting & Gaming (SB&G), the Stars Group emphasises technology as the best tool to achieve the fastest scale in evolving regulated marketplaces.Combining PokerStars and Sky Bet technology competencies, Ashkenazi details that a new-look Stars Group will dominate industry innovation and product development within multiple gambling verticals.Of particular note, Ashkenazi points to Sky Bet’s ‘best-in-class’ mobile product, which has achieved the highest level of player engagement within the saturated UK sportsbook market.Beyond corporate synergies, Ashkenazi further details to investors that the combination will aim to develop organic ‘low cost’ acquisition channels, helping the firm reduce operational costs within its target markets.‘Combining the world’s fastest growing sportsbook with the world’s largest poker product, we will gain the ability to leverage two large low-cost player acquisition channels’. Share BlueRibbon signs strategic partnership with The Stars Group August 18, 2020 ‘Deal maker’ Rafi Ashkenazi ends Flutter tenure  August 27, 2020last_img read more

Charles Barkley thinks Warriors will struggle to make NBA playoffs

first_img“I think they’re gonna struggle to make the playoffs without Klay,” Barkley said (via NBC Sports). “I think that’s the one thing they’re gonna miss the most, even more than KD.” Barkley believes the Western Conference has changed enough to keep the six-time NBA champions out of the playoffs next season. After a busy offseason, the Lakers acquired Anthony Davis through a trade with the Pelicans, and the Clippers landed Kawhi Leonard in free agency.  Related News Lonzo Ball on being traded from Lakers to Pelicans: ‘I was excited’ “The West, there’s no bad teams in the West,” Barkley added. “There are no bad teams. Obviously, everybody’s talking about the Lakers and the Clippers, I haven’t even mentioned Denver, the Spurs, Dallas got a lot better, New Orleans got a lot better.”This is unbelievable how hard the West is.” Barkley did give Stephen Curry credit for leading the Warriors, but he doesn’t believe it’ll be enough to keep the Golden State in the playoff race.”Steph’s gonna be Steph. He’s one of the best basketball players in the world,” Barkley said. “I just don’t think they have enough without Klay.” The Warriors finished last season first in the West with a 57-25 record. They made it to the NBA Finals, but were eliminated by the Raptors as Toronto won its first title in franchise history. Bucks’ Giannis Antetokounmpo on roster changes around the NBA: ‘It’s insane’ Anthony Davis sidesteps question on long-term future with Lakers Charles Barkley isn’t confident about the Warriors’ playoff chances next season. The Warriors undoubtedly will look different after losing Kevin Durant in free agency to the Nets, and star Klay Thompson likely will be sidelined next season after tearing his ACL. last_img read more