18 Dec
2019

Bafana can beat Brazil: Barker

first_img26 February 2014African Nations Cup-winning Bafana Bafana coach Clive Barker is backing current coach Gordon Igesund to come good against five-time World Cup winners Brazil when the two teams clash at the FNB Stadium in Johannesburg on 5 March.Barker was at the helm when South Africa and Brazil met in 1996 and 1997. The Brazilians won both matches, 3-2 and 2-1 respectively.The former match, contested between the then African champions and world champions, has gone down as a classic in South African football history.The value of experience“I believe in both matches, first at FNB Stadium, when we lost 3-2 having led 2-0 at halftime, and secondly at Ellis Park in the 2-1 loss, we could have come up with better results had we had a bit of experience,” the Black Aces mentor said in a statement late last week.He said one thing that Bafana Bafana needed to remind themselves of was that, regardless of names, it would be a contest of 11 men against 11 men.“One of the biggest short-comings is to give too much respect to your opponents. Yes, Brazil have a star-studded team, but that means nothing once you walk onto the pitch,” Barker said.ImpressedHe declared himself impressed by Igesund’s charges when they beat Spain at the same venue late last year, and said he was expecting a repeat of those heroics from the local boys.“This is a big match for everyone. It is every player’s dream to play against world beaters like Brazil, and I think that inspiration will drive all players to go all out.”Kit launchBrazil will be using the match to launch their 2014 World Cup playing kit. They will use the home kit in the opening half and change into their away kit for the second half.Bafana Bafana will also be launching their new limited edition Nike kit on the night.“We are using the match as a handover of the 2010 Fifa World Cup hosts to 2014 hosts,” said South African Football Association president Danny Jordaan.TicketsThe match kicks off at 19:00 and tickets are going for R50 (upper tier), R100 (lower tier) and R200 (middle tier).Brazil arrivalThe Brazilian squad will arrive on Monday, 3 March, in three batches at OR Tambo International Airport in Johannesburg.Having previously named a squad of 15 European-based players, coach Felipe Scolari has added three players who ply their trade in Brazil, namely Fluminense’s Fred, Atletico Mineiro striker Jo and Botafogo goalkeeper Jefferson.Fred was the top goal scorer in the 2013 Fifa Confederations Cup, which Brazil won, netting five times, but missed the 1-0 loss to Switzerland in August because of injury.Jo has become a regular under Scolari, while Jefferson returns after missing November’s friendlies against Honduras and Chile.‘A good opportunity’“It’s a good opportunity to meet the group, our last before the final squad of the World Cup [is decided],” Scolari said in a statement released by Confederaçao Brasileira de Futebol (CBF).“It will be an important test against an African team who recently beat Spain, and a good time to talk to the players and coaching staff on planning for the World Cup.”SAinfo reporter and South African Football Associationlast_img read more

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18 Dec
2019

Corn, wheat neutral, new crop soybeans negative

first_imgShare Facebook Twitter Google + LinkedIn Pinterest Today’s reports from USDA were watched with great detail and attention.  Key in today’s report were several factors that include, the 2015 corn yield, 2015 soybean acre, and ending stocks for 2015 corn, soybeans, and wheat.  Weather will be a huge factor for the next six weeks.  The May USDA supply and demand report marks the first supply and demand table for 2015 corn, soybeans, and wheat.Traders overall were looking for a small increase in old crop corn and wheat ending stocks. Soybeans were expected to see a small decline.  Prior to the noon release of the USDA report, corn was down 1 cent, soybeans were up 4 cents, while wheat was up 7 cents. Following the report at 12:25 pm, corn was up 3 cents, soybeans were down 10 cents, with wheat up 6 cents.Corn acres for 2015 were left unchanged from the March 31 report at 89.2 million acres. The yield was also unchanged at 166.8 bushels per acre. Soybean acres for 2015 were also unchanged from the March estimate at 84.6 million acres. The biggest negative for soybeans, the 2015-16 ending stocks, estimated to be 500 million bushels. Traders put that number at 443 million bushels.Diving into all of the corn numbers, corn ending stocks went up but less than expected.  Corn ending stocks for 2014-15 were estimated at 1.851 billion bushels, up 24 million bushels from April. Exports were increased 25 million bushels to 1.825 billion bushels. This is a bit of a surprise for corn. Export loadings have been better than expected in recent weeks. However, the US does face strong competition from around the world for corn exports. The ethanol number was unchanged at 5.2 billion bushels. Corn ground for ethanol  was at its lowest number last week of any in the past four months.  Ethanol will be one to watch in coming months. We have seen some ethanol plants the past month take earlier than normal down time for maintenance. Don’t be surprised to see the ethanol number reduced this summer.The rapid corn planting progress seen already in May had the US corn planted at 75%. The five-year average for this date has US corn planted at 57%. The Ohio corn planting progress was 55%.Don’t be surprised to see USDA increase their projected yield for 2015 corn. This has been much discussed this past week. Earlier in February at their annual USDA outlook conference they put the corn yield at 166.8 bushels per acre. Many have thought that due to rapid planting progress the yield could be raised ever so slightly. However, it was not a clear cut majority thinking of an increase.  It is just very early in the corn growing season.In addition to the new crop 2015 supply and demand tables, USDA also projected US wheat production.  Traders were looking for all wheat production and winter wheat production to be higher than last year. Hard red winter and white winter wheat were expected to increase as well. Soft red winter wheat production had been expected to decrease compared to last year.Great  planting weather across the Midwest has been the theme the past 2-3 weeks. Early this month areas of Iowa, Illinois, Nebraska, and Minnesota had corn planted at 75% planted or more. Yet, in Ohio very little corn had been planted. A very odd occurrence was taking place. However, they quickly made up ground. “Petal to the metal,” has been rampant in Ohio the past two weeks. Many report that corn was planted from start to finish absent of any rain delays, in ten days or less. Rain fell across much of central Ohio and other areas yesterday afternoon and evening. Precipitation amounts ranged from ½” to 1.5” For many it was a perfectly timed rain that will go a long way towards getting corn up quickly and off to a fast start. Various reports indicate that corn is emerging in five days, a feat very unusual for May.Corn shorts continue to be in control as demand is projected to be reduced from USDA.  The rapid planting progress along with recent rains will keep the quote, “rain makes grain,”   a constant thought in the market.Weather is going to be key until at least July 4th. With the rapid corn planting progress seen this month, it means a lot of corn was planted in rapid fashion due to dry soils. Any hints of dry weather  can be manifested sooner than normal .last_img read more

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12 Dec
2019

Behavioral Economics Book Suggestions

first_imgDuring today’s great webinar with Dr. Lois Vitt on behavioral economics, many great book suggestions were made. Here is a list:Jacob Needleman’s Money and the Meaning of LifeElizabeth Dunn & Michael Norton’s Happy Money: The Science of Smarter SpendingCarl Richard’s The Behavior Gap: Simple Ways to Stop Doing Dumb Things With Your MoneyLarry Winget’s You’re Broke Because You Want to BeDaniel Kahneman’s Thinking, Fast and SlowWhat other great reads on behavioral financial topics have you read? Share them in the comments.last_img

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3 Dec
2019

Model Code of Conduct in full swing in Nagaland

first_imgNagaland Chief Electoral Officer Abhijit Sinha has asked banks to report daily to the district election officer on suspicious withdrawal of cash from the bank account of any individual. If cash exceeding ₹50,000 was found in a vehicle carrying a candidate, his agent or party worker, it would be seized, Mr. Sinha said in a statement. The directives were issued as part of the Model Code of Conduct which is in force in Nagaland in view of the elections to the 60-member Assembly on February 27. Posters, election materials or drugs, liquor, arms or gifts items valued at more than ₹10,000, likely to be used for inducement of electors, or any other illicit articles also found in a vehicle, shall also be seized, the statement said. Mr. Sinha also asked citizens carrying cash more than ₹50,000 to carry relevant documents to substantiate the source and purpose of the money. The Model Code of Conduct, came into force in the state from January 18. In the statement issued on Wednesday, the CEO reiterated the directives issued by the Election Commission on the Model Code of Conduct, electoral offences and election expenditure monitoring. No new government scheme or project should be announced and those already approved, should not be started, if work on it has not yet begun, the statement said. Rest houses, dak bungalows or other guest houses of the government should not be used for carrying out any political activity, the statement said. The CEO said that there should not be any defacement of government property, offices and premises and all wall writings, posters, papers or defacement in any form, hoardings, banners, flags on government property should be immediately removed. Unauthorised political advertisement in the form of wall writings, flag at public spaces like railway station, bus stand, airport, roadways, government buses, electric poles, and municipal or local bodies building, and in private properties should be removed. There is a total ban on the use of official vehicles by any political party, candidate or agent for campaigning, electioneering or election-related travel during elections. The statement said that offering and accepting or receiving of bribe and gratification by any person was both an electoral offence and corrupt practice. Any promotion or attempt to promote feelings of enmity or hatred on the ground of religion, race, caste, community, or language by any candidate or his election agent is an electoral offence and corrupt practice under the law, the statement said. The CEO said any advertisement on political nature has to obtain pre-certification from concerned authorities. He also apprised that Media Certification and Monitoring Committees (MCMC) have been set up at district levels and also at state level.last_img read more

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28 Nov
2019

Wimbledon 2011: Paes, Bhupathi advance in mixed; Somdev out

first_imgVeterans Leander Paes and Mahesh Bhupathi, along with their respective partners, advanced to the third round of the Wimbledon mixed doubles event after notching up straight-set second-round wins here.Leander Paes and Mahesh Bhupathi won their respective mixed doubles second round matches. APBhupathi and his Russian partner Elena Vesnina, seeded fourth, beat Australians Stephen Huss and Anastasia Rodionova 6-2, 7-6 (3), while 14th seeds Paes and Zimbabwe’s Cara Black got the better of the Dutch-Polish team of Rogier Wassen and Alicja Rosolska 6-1, 6-4.But it was curtains for Somdev Devvarman in the men’s doubles event after he and Japan’s Kei Nishikori lost 3-6, 4-6, 6-7 (5) to the sixth seeded French-Serbian combine of Michael Llodra and Nenad Zimonjic in the second round Monday.Bhupathi and Vesnina will now be facing an American-Belarussian combination of Eric Butorac and Olga Govortsova.On the other hand, Paes and Black will be up against the winners of the second-round match between the third seeded Serbian-Slovak pair of Nenad Zimonjic and Katarina Srebotnik and local favourites Ross Hutchins and Heather Watson.last_img read more

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23 Oct
2019

NRF Latest Tariffs Are Too Great a Gamble for US Economy

first_imgzoomImage Courtesy: The White House under public domain license The latest wave of tariff increases, unveiled by U.S. President Trump earlier in May, could bee too great of a gamble for the U.S. economy, according to the National Retail Federation.The Trump administration released a list of USD 300 billion of Chinese goods that will be targeted by additional tariffs of 25 percent.NRF voiced its support of the administration’s efforts, but said that “the latest tariff escalation is far too great a gamble for the U.S. economy.”“Slapping tariffs on everything U.S. companies import from China – goods that support U.S. manufacturing and provide consumers with affordable products – will jeopardize American jobs and increase costs for consumers,” Matthew Shay, NRF President and CEO, said.“Working with our allies who share the same concerns and immediately rejoining TPP are more effective ways to put pressure on China without hurting hardworking Americans. We urge the U.S. and China to get these critical negotiations back on track. Both sides will lose in a full-blown trade war, and the global economy will suffer,” Shay continued.NRF said that a study commissioned by Tariffs Hurt the Heartland and prepared by Trade Partnership estimated that imposing tariffs of 25 percent on all remaining imports from China, combined with the impact of retaliation, would jeopardize more than 2 million American jobs, cost the average U.S. family of four USD 2,300 each year and reduce the value of U.S. GDP by 1 percent.last_img read more

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