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  • Five things to know about the EU virus recovery plan

    first_imgLoans vs grants The original Brussels plan for the rescue package would have seen 500 billion euros distributed as non-repayable grants, subsidies from the EU to its poorer members.Resistance from the “frugals” saw this bargained down to 390 billion, with a further 360 billion issued as loans.Of the grants, 312.5 billion will go to investment plans drawn up by national governments, and the rest to EU-led programs, such as rural development, research and the green transition.The amount each country will be eligible to receive will be determined by a weighted formula: 70 percent of the total to be determined by a “resilience” rating taking into account population and long-term unemployment, and 30 percent based on how much GDP has been lost because of the virus crisis.  Joint debt The 750-billion-euro coronavirus rescue is a package of loans and — more controversially — grants, to help hard-hit countries through the recession triggered by the epidemic.The sum will be borrowed on the markets by the EU executive, the European Commission, and is thus based on the biggest ever issuance of joint European debt.This was once taboo for Germany, and was resisted this time by an even more “frugal” coalition of the Netherlands, Austria, Sweden and Finland. EU oversight The national programs submitted by member states will be studied by the EU executive, the European Commission, and afterwards approved by a qualified majority of member states — a minimum of 55 percent of capitals representing 65 percent of the population.Because the “frugals” remain reluctant to allow their more indebted southern neighbors to spend joint funds without labor market reform, there will also be an “emergency brake”.If a group member states it is unhappy with a national plan, they can thus call it in for discussion at a European Council summit — but it is not clear whether this amounts to a full veto.   The European Union’s 27 member states emerged from an intense four-day and four-night summit on Tuesday branding a huge virus recovery plan and a trillion-euro long-term budget.Here are five key points about what German Chancellor Angela Merkel called an impressive response to a historic recession and the worst crisis in the European Union’s history. Rebates up Key to persuading the “frugals” to put aside their concerns about southern overspending was a decision to boost the rebates that some net contributors receive on their EU dues.Denmark’s annual refund climbs to 377 million euros, up 91 percent on the figure planned before the summit. The Netherlands climbs 22 percent to 1.92 billion, Austria is up 138 percent to 565 million and Sweden 34 percent to 1.07 billion.     Germany did not need persuading to accept the deal, and its annual rebate remains at 3.67 billion.  center_img Rescue up, budget down The European Union’s seven-year budget — or Multiannual Financial Framework — that begins on January 1 is now set at 1,074 billion euros, 20 billion less than planned before the epidemic.The European Parliament will still have to approve the sum.It now includes a special five billion euro “reserve” to help the countries and sectors most affected by Brexit. And it will be more flexible in allowing money to be moved to traditional regional support programs and agricultural subsidies, and away from more recent areas of EU interest. Nevertheless, EU spending must be in line with the Paris Agreement on climate change and the effort to build a carbon neutral economy by 2050.    But, despite Dutch leader Mark Rutte and Austria’s Sebastian Kurz warning this would amount to forming the dreaded “transfer union” of well-run countries subsidizing big spenders, it was approved.Leaders like France’s President Emmanuel Macron who were pressing for more joint debt hailed the move as a historic step forward for the union and for its single currency.”At base what we are building is a common solidarity, and that’s unprecedented as the budgetary function that Europe needs to become a geo-political power,” he said.Rutte, however, stressed the temporary nature of the arrangement, insisting it was a “one off” to respond to the virus crisis. Topics :last_img read more

  • Gov. Wolf: $20 Million to Help Schools Provide Services to Students with Special Needs

    first_img August 20, 2020 Education,  Press Release Governor Tom Wolf is dedicating approximately $20 million to help 678 local education agencies, including school districts, to provide education services for students with disabilities who may have been negatively impacted by COVID-19 mitigation efforts and may face additional challenges through the new academic year. The funding includes $15 million from Governor’s Emergency Education Relief (GEER) Fund and $5 million from the Department of Education’s (PDE) federal funding through the Individuals with Disabilities Education Act (IDEA).“While COVID-19 impacted all students this year, it was particularly hard on our children with special needs, who often require additional support and services to assist their learning,” said Gov. Wolf. “This funding will help schools as they put structures in place to help these students while we work to mitigate the spread of this pandemic.”The Coronavirus Aid, Relief and Economic Security (CARES) Act authorizes governors to determine the educational use of Governor’s Emergency Education Relief (GEER) Funds.The Special Education COVID-19 Impact Mitigation Grant (SECIM) will provide $15 million in financial support ($10M GEER; $5M IDEA) to local education agencies (LEA) to:Provide enhanced synchronous (real-time) instruction to bolster remote services and supports for students with complex needs; andProvide services and supports to students with disabilities who experienced a loss in skills and behavior and/or a lack of progress due to the mandatory school closuresAn additional $5 million in GEER grant funding will be available to Preschool Early Intervention programs to provide compensatory educational services.“While LEAs transition to implementing reopening plans for the 2020-21 school year, they continue to face challenges in delivering free appropriate public education (FAPE) and providing services to students with disabilities,” said Secretary of Education Pedro A. Rivera. “This critical funding will help schools as they work with their students with special needs to rebuild skills and behaviors that were diminished during the COVID-19 shutdown.”Grant amounts were calculated using an allocation formula based on the number of students with complex special education needs within each LEA. Distribution of funds to Preschool early intervention programs will be made based on identified needs.Grant recipients will receive direct communication from PDE with eGrant application instructions.To date, the Wolf Administration has awarded $70.5 million in GEER funding to help keep students and educators safe, and meet the unique challenges of COVID-19. In addition to the $15 million for special education, the Wolf Administration has directed $28 million to postsecondary institutions and adult basic education providers, $14 million to K-12 schools to support equity in continuity of education, $10.5 million to Career and Technical Education Centers and $3 million for Preschool Early Intervention Programs.For more information about Pennsylvania’s education policies and programs please visit the Department of Education’s website or follow PDE on Facebook, Twitter, or Pinterest.Ver esta página en español. Gov. Wolf: $20 Million to Help Schools Provide Services to Students with Special Needscenter_img SHARE Email Facebook Twitterlast_img read more

  • PRI hits 500th asset owner signatory ‘milestone’ with Colombian fund

    first_imgAccording to Saa’s update investment manager signatories now represent more than 70% of the signatory base, although he said the organisation remained asset-owner led.By assets under management, the largest PRI asset owner signatories are based in Japan, France, Germany and Austria. By number of signatories, the largest asset owner  bases are the Nordics, the US and the UK/Ireland.The PRI’s largest asset owners are based in the Nordics, the US, and the UK and Ireland.This year is the first year that asset owner and investment manager signatories could be delisted under a new accountability model that the PRI has introduced.The PRI has more than 2,700 signatories in total, including service providers. Protección SA, a corporate pension fund based in Colombia, recently became the 500th asset owner signatory to the Principles for Responsible Investment (PRI).According to the PRI’s website, at least six asset owners have become paid-up signatories since then: Canada Post Corporation Pension Plan, Hampshire Pension Fund, Öffentliche Sachversicherung Braunschweig, Öffentliche Lebensversicherung Braunschweig, Royal London, and Université Laval.In a blog post on the PRI’s website, Lorenzo Saa, chief signatory relations officer at the organisation, said hitting the 500 mark was “a hugely significant milestone” that came on the back of an annual growth rate of well over 20%.“Asset owners sit at the top of the investment chain, so there is now a powerful collective force committing to further mainstream responsible investment and lead PRI signatories’ $90trn (€82trn) in assets under management towards more sustainable returns,” he said.last_img read more

  • URSS at Thayer County Thursday night for $1,000 to win

    first_imgDESHLER, Neb. – The United Rebel Sprint Series makes its inaugural appearance at Thayer County Speedway in Deshler, Neb., on Thursday, with a top prize of $1,000 going to the winner of the Aug. 1 main event.Zach Blurton currently leads the URSS point standings and will look for win number three on the season. Brian Herbert has had a consistent season thus far this season and is currently second in the standings.Look for a very strong field to be on hand at Thayer County Speedway to battle atop the 3/8-mile oval.Grandstand admission is $15 while all pit passes will be $30. Gates will open at 4 p.m. with race action slated for a 7 p.m. start time. More race information can be obtained by accessing the track’s official website and their Facebook page, Thayer County Fair.last_img read more

  • Barca begin coach search

    first_img Press Association Barcelona are set to appoint their new coach at the start of next week after Tito Vilanova had to step down for health reasons. Club president Sandro Rosell announced the news at a press conference, which was held with members of Barcelona’s first team in attendance. A successor will be appointed in the coming days. “In next few days the vice-president Josep Maria Bartomeu and sporting director Andoni Zubizarreta will present the new coach, probably at the start of next week,” Rosell said. Rosell said the results of tests Vilanova underwent this week prompted his decision. He said: “After evaluating the results of the routine follow-up tests, taken by Tito Vilanova this week, he has been presented the option of being able to undergo a treatment to continue managing his illness which will be incompatible with him being the head coach of the first team from now on. “I want to ask everyone, especially the media, for him and his family, for the utmost respect for the privacy of all in this process which starts from today.” He added: “It’s a tough blow but Barca have suffered many blows and we’ve got through them.” There was no official mention of a successor, but reports in Spain earlier suggested Joan Francesc Ferrer, known as Rubi, could take over from Vilanova in a caretaker capacity. The Catalan club confirmed on Friday night that Vilanova would not be able to continue in the role as he continues to receive treatment for cancer. Vilanova, who replaced Pep Guardiola as coach of Barca last summer, had a tumour removed from his throat in late 2011, but suffered a relapse a year later. He underwent another operation on his parotid gland in December before beginning a course of chemotherapy and radiotherapy in New York. The 43-year-old joined Barca’s coaching staff from second division Girona last month as an assistant to Vilanova and Jordi Roura – who took charge of the first team when Vilanova was absent last season. In England, Tottenham boss Andre Villas-Boas was installed as the bookies’ favourite, but the Portuguese was not keen to talk on the subject following the friendly against Colchester. “It’s a very difficult situation and all of my wishes are with Tito,” he told the Daily Telegraph. “If he has to resign for a situation of illness it’s not the moment to speak about any speculation whatsoever. “It’s not even a question, we are speaking about a person’s health.” Rosell confirmed the club would not now be travelling to Poland for Saturday’s pre-season friendly with Lechia Gdansk. Vilanova, 44, was Guardiola’s assistant before being promoted to the top job when the record-breaking coach decided to take a one-year sabbatical from the game last year after winning 14 trophies in four seasons. In his one campaign in charge of the club, Vilanova led Barca to their fourth Primera Division title in five years, becoming only the second team after Real Madrid to reach the 100-point barrier. They also reached the semi-finals of the Champions League and Copa del Rey, but lost to Bayern Munich and Madrid respectively. Swansea manager Michael Laudrup has also been linked with the Barca post but the Dane, who won four Primera Division titles in five years as a player with the Catalan giants between 1989 and 1994, preferred not to comment on the reports. He said following Swansea’s 5-0 friendly win over Yeovil on Friday night: “I can’t comment on the speculation, it’s all just happened today and even for those in the club who maybe knew about the situation, I still think the announcement will have come as a shock. “Just a few weeks ago I read he had said he was strong and feeling 100 per cent ahead of the new season, but now he’s gone. I don’t know what they’re going to do so let’s see.” He added: “I don’t know Vilanova personally but of course I have been following what has happened. It’s very sad. I don’t know much more than what has been announced tonight. “I hope he will get fit again as this is only football and life is more important.” last_img read more

  • Lambert irked by manner of defeat

    first_img The Portuguese also played down the incident between Ivanovic and Benteke. Mourinho said: “This is the Premier League. This is English football. “For some reason the world loves it more than any other league: one thing is a real aggression, another thing is duels. “I think the referee did very, very well. From minute one to minute 95 there was a real fight, a football fight between Benteke and Ivanovic. “Fouls for one side, fouls for another side. I think that’s football.” Mourinho, whose side were comfortable victors over Hull on Sunday and next play Manchester United, admitted Chelsea were fortunate to escape with all three points in a combative contest which spilled into the technical area. “It was a game until the minute 95 with the result very unpredictable,” Mourinho added. “If in this moment we are here with a draw, it wouldn’t be an unfair result. “They fought a lot for a result. I don’t think they play a lot. “Paul has a certain type of personality and behaviour on the bench. “He reminds me of myself 10 years ago, where I was complaining every decision, where I want to coach my team and at the same time I want to have a whistle in my lips. “He’s the same. With time he will change, because he complains with every decision. He’s a young manager, very intelligent.” Mourinho praised Benteke, but declined to reveal if the Belgian, who signed a new contract this summer after interest from Tottenham, had ever been a target. The Portuguese is still seeking a striker, with Manchester United’s Wayne Rooney the first choice. “They have a special player with special qualities, they use him,” added Mourinho of Benteke and the approach of Villa, which he believes is direct. “He’s a great player, but he’s a great player for a certain style of football. “We tried to play a different style of football. We tried to play the way we played against Hull, we tried to play the way we train every day. “But the good thing from my team today is that Villa gave us a different match and we coped with that. “Defensively we were strong. I think we could do better with the ball.” Lambert accepted Mourinho’s appraisal of him with good grace. “It’s a nice compliment,” Lambert said. “Jose doesn’t stand there as a shrinking violet. If in six years time I’m like him, then I’ll be quite happy.” Less complimentary was the criticism of his team, which Lambert took exception to. Lambert added: “I’m proud of the team, the way we played. We don’t play long ball.” Press Association Paul Lambert felt aggrieved after his Aston Villa side were beaten 2-1 at Jose Mourinho’s Chelsea. Lambert and Mourinho spent the 90 minutes bickering in the technical area and were in disagreement afterwards over two of the major talking points. Branislav Ivanovic avoided a red card for catching Christian Benteke with a flailing arm before scoring the winner, while Lambert felt referee Kevin Friend should have awarded Villa a stoppage-time penalty when the ball made contact with John Terry’s arm in the area. Lambert said: “It’s easy to sit here with sour grapes and all that sort of thing, (but) I thought my team were outstanding. “I don’t think we deserved to lose the game. I think we’ve been done by two big decisions that were wrong. “I don’t think you can miss those ones, not big decisions like that. They’re big game changers. “My team never deserved that.” On the incident which saw Ivanovic booked for catching Benteke, the scorer of Villa’s goal, Lambert said: “I think it’s an elbow. I know it’s a physical game and all that, but I think it’s an elbow.” And for the late penalty shout, the Scot said: “It was a handball. It’s there for everyone to see. (Gabriel) Agbonlahor’s won the header and John Terry, good player, but you raise your hand in the penalty box, I think it’s a penalty.” Mourinho, whose side went in front after six minutes through an Antonio Luna own goal, dismissed Lambert’s complaints. On the Terry handball incident, Mourinho said: “If somebody pushes an opponent, especially in the box, in dangerous areas, it’s a free-kick against (Villa).” last_img read more

  • Cricket News As Air Quality Deteriorates, Environmentalists Urges BCCI To Shift India-Bangladesh T20 Outside Delhi

    first_img For all the Latest Sports News News, Cricket News News, Download News Nation Android and iOS Mobile Apps. New Delhi: Environmentalists wrote to BCCI president Sourav Ganguly on Tuesday, requesting him to consider moving the first India-Bangladesh T20 outside Delhi as the rapidly deteriorating air quality could prove a health risk for the players and thousands of spectators. The rapid spike in the pollution level after Diwali has become a cause for concern ahead of the international match at Feroz Shah Kotla Ground on November 3.In December 2017, the Sri Lankan cricket team was left gasping for breath during a Test match at the Kotla, forcing most of their players to wear protective masks even as some fell ill.”In the light of extreme pollution in Delhi, we would like to request you to consider shifting the venue for the first T20 outside of Delhi. Making our cricketers play a physically demanding sport for 3-4 hours in Delhi’s toxic air will end up doing more damage to our cricket team’s health in the long run,” Jyoti Pande of Care For Air and Ravina Raj Kohli of My Right To Breathe said in the letter.Care For Air and My Right To Breathe are clean air awareness and advocacy non-profit organisations. “Thousands of innocent spectators at the venue will also be putting themselves at risk in order to watch the match in the prevailing situation,” they said.Also Read | India Will Play First Ever Day-Night Test Against Bangladesh At Eden GardensThe environmentalists said outdoor aerobic activities raise the respiration rate of the human body, thus depositing even higher levels of toxins into our lungs and organs. “This puts our sportspersons at even greater risk when they play outdoors. Any match played outdoors harms the health and very lives of the players and it is irresponsible to schedule such sporting activities during times of such toxic air quality,” they said.On Monday, Delhi Chief Minister Arvind Kejriwal had hoped pollution will not affect the T20 match, emphasising that his government has been taking steps such as the odd-even scheme to improve the air quality. A day later, a smoky haze turned Delhi’s skies grey as the air quality dropped further and entered the second-worst “severe” category. At 6.45pm, Delhi’s overall AQI stood at 410, while the situation was worse in the satellite towns of Ghaziabad, Greater Noida and Noida. last_img read more

  • Man City dazzle after Liverpool-United boring draw

    first_imgBy Ian ChadbandLONDON (Reuters) – Manchester City opened up a two-point lead over their neighbours Manchester United at the top of the Premier League on Saturday thanks to another display of scintillating brilliance in a 7-2 thrashing of Stoke City at the Etihad StadiumAfter the earlier high noon showdown between Liverpool and a United side lacking in any great ambition ended in goalless stalemate at Anfield, City cashed in with a third straight league match at the Etihad in which they have struck at least five goals.Pep Guardiola’s men became the first team to net 29 goals in their first eight league games of a top-flight campaign in England since Everton 1894-95.Their sixth consecutive league win moved them to 22 points with United on 20 and Tottenham Hotspur maintaining third position on 17 after finally earning their first home win at Wembley Stadium, 1-0 over Bournemouth.Sensation of the day came at Selhurst Park where Crystal Palace, hitherto without a goal and point to their name, downed champions Chelsea 2-1 with Wilfried Zaha, returning from injury, their hero thanks to a brilliant goal just before the break.Palace’s new manager Roy Hodgson celebrated his first win in charge but the defeat left Chelsea nine points behind leaders City, who are playing a brand of kaleidoscopic football at the moment.Gabriel Jesus, with a brace, Raheem Sterling, David Silva, Fernandinho, Leroy Sane and Bernardo Silva all found the target in the demolition of Stoke.Yet the orchestrator of the triumph did not even trouble the scorers, Kevin de Bruyne again the man of the match.Their dazzle was a stark contrast to their neighbours’ negativity in the underwhelming Anfield game which the only Manchester United highlight was David de Gea’s great save to deny Joel Matip.Liverpool, despite being much the better side, were blunt in attack, failing to convert any of their 19 attempts on goal.“Manchester United came here for a point and got it,” said Liverpool manager Juergen Klopp with a sigh.“It was a good performance, I thought worthy of three points. We were unlucky in at least two, maybe three situations.”Chris Wood earned an 85th-minute equaliser for Burnley in a 1-1 draw at home to 10-man West Ham United, who had Andy Carroll sent off in the 27th minute after a couple of elbowing offences earned him two yellow cards.Swansea City forged clear of the relegation zone with only their second league win of the season, a 2-0 victory over Huddersfield Town.last_img read more

  • Hamilton to have faster car at F1 restart

    first_img(BBC) – Lewis Hamilton will have a faster car for the first race of the delayed Formula 1 season as a result of a number of upgraded parts.Hamilton has not driven the 2020 car since the end of testing in February.Mercedes technical director James Allison said they worked on getting developments designed in January, February and March on to the car.“We got a lot of ideas how to make it quicker. We hope to have a chunk of that for the first race,” Allison said.All F1 teams were shut down from the last week of March through April and May, and returned to work this month in preparation for the start of the season in Austria July 3-5.The number of upgrades they have managed to produce in that time will have a defining effect on competitiveness as the season starts up.Allison said that the car, launched in February, was fixed at around Christmas, with the first part of this year spent designing upgrades.“Quite a lot of those ideas were already in process through the design office before we were forced to shut down,” he said.“Our challenge now is to make sure that quarter of a year of development can get off the drawing boards and onto the car as swiftly as possible.”Mercedes tested at Silverstone last week with a 2018 car to give the team and drivers a chance to “blow off the cobwebs” and try out the new working practices aimed at avoiding any risks with coronavirus.“Probably the biggest change for all of us is going to be being at a race weekend where there are no fans,” said Allison, who was talking in a video published by Mercedes.“That is going to be a very strange experience. It’s normally one of the pleasures of being at a track.“I’m itching to find out in the crucible of a race event whether the work we did has produced a car we can be excited and proud of.”last_img read more

  • Dalung Kicks against Autonomy for NFF

    first_imgThe Ministry of Youth and Sports wednesday told the House of Representatives Committee on Sports that there is really no cogent reason to continue with the bill seeking to repeal the Nigeria Football Association (NFA) Act for the Nigeria Football Federation (NFF) Act.Minister of Youth and Sports, Solomon Dalung who was represented by the Permanent Secretary in the ministry, Adesola Olusade, said contrary to the constant excuses given by the NFF for demand for the new act, there is no need for that because the football house has all the free hands it wanted to run football in the country. He further claimed that because of the resolve of the federal government to allow the NFF to administer football, it has continued to deal with it and even fund it despite the fact that it has no legal backing yet.Earlier in his introduction, the sponsor of the NFF Bill, Hon. Sam Patrick, said the effort to enact the NFF Act is in line with the ongoing call for the restructuring of the country.He frowned at what he described as the situation where the government always appoints a minister who in turn runs football the way he likes.According to him, the bill will make it possible for the elected board members of the NFF to truly decide how to run football including deciding about its funding.Olusade further wondered why the NFF will always find it comfortable to run cap in hands to the federal government for funding only to turn around immediately to blackmail it of interference the moment it demands accountability.“The Ministry is not in any way interfering in the activities of the NFF even though it has no legal backing yet. We are doing this so as not to disrupt the administration of football in the country.“Even today, the way the NFF is constituted there is little or no input from the government despite the fact that they are being funded through the budget as a parastatal but they still ambush government by relying on some non existent laws.“FIFA does not fund the NFF completely yet they use it to harass government, this is robbing Peter to pay Paul. For instance the NFF has not shown capacity of prudent management over the years.”In his very brief presentation, the First Vice-president of the NFF, Seyi Akinwunmi, who represented the NFF President, Amaju Pinnick said the federation has made its position known to the Senate Committee on Sports.He also said the NFF has put in place measures to ensure it was self-sustaining without the frequent recourse to the government.Share this:FacebookRedditTwitterPrintPinterestEmailWhatsAppSkypeLinkedInTumblrPocketTelegramlast_img read more