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​UK scheme invests £200m in Macquarie infrastructure debt fund

first_imgMacquarie, he said, had identified inflation-linked borrower demand of around £4bn in the three sectors, as well as more potential demand in student accommodation and social housing.The fund will concentrate on investment-grade opportunities on a smaller scale, starting from £10m – for which there is more demand, Wilson added.Macquarie managing director Andrew Robertson said the new fund should address the fact “borrowers don’t think finance exists, and investors don’t think assets exist”.The decision to enter inflation-linked debt provision was, he added, a result of inefficiencies on the part of banks to cut exposure to inflation.In yield terms, Macquarie estimates that, when passed through to pension schemes, inefficiencies of as much as 100 basis points are created.The new fund will target average returns of 250bps above index-linked Gilts.Investors in the fund will be paid semi-annually. Macquarie has been awarded a £200m (€240m) mandate by an unnamed UK pension scheme for a new inflation-linked debt fund.The indexed platform will look to match pension funds with infrastructure borrowers.A first close is set for later this year, said chief executive of Macquarie Infrastructure Debt Investment Solutions James Wilson, who estimates that “several hundred million” could be raised.Wilson said likely target areas would include the UK’s utility sectors, renewables and offshore transmission owners (OFTOs).last_img read more

Sisi: Egypt’s new anti-terror bill not meant to limit freedoms

first_imgEgyptian President Abdel-Fattah al-Sisi said on Tuesday that the new anti-terrorism draft law is not meant to oppress the people or limit freedoms, the state TV reported.“The state must be protected in its great challenge, as we want to succeed and survive while they do not want this for us,” Sisi told the attendees during a fast-breaking ceremony, referring to terrorists who have been launching deadly attacks since the ouster of former Islamist President Mohamed Morsi in mid-2013.The new anti-terrorism draft law recently approved by the Egyptian cabinet has raised debate in the most populous Arab country as well as concerns about freedoms and human rights.The draft law in Egypt that would make it a crime to contradict the official version of terrorist attacks should be scrapped, Amnesty International said on Wednesday, calling the bill a “strike at the very heart of basic freedoms”.The law, which also sets up new courts for dealing with terrorism suspects, was proposed after a June 29 car bomb killed Egypt’s top prosecutor and a series of other attacks killed 17 members of the security forces in North Sinai, the focus of an Islamist insurgency.“The proposed counter-terrorism law vastly expands the Egyptian authorities’ powers and threatens the most fundamental rights to freedom of expression, peaceful assembly and association,” said Amnesty International’s Said Boumedouha.“If approved, it is set to become yet another tool for the authorities to crush all forms of dissent.” Under one of the measures in the proposed legislation, journalists and others who report on terrorist attacks and contradict the official version of events could face at least two years in prison.Human rights groups have accused Egyptian authorities of widespread violations since the army toppled Islamist President Mohamed Morsi in 2013 after mass protests against his rule, and say the government has rolled back freedoms won in the 2011 uprising that toppled veteran autocrat Hosni Mubarak.The government denies that and says it is protecting the country from Islamists, including Morsi’s Muslim Brotherhood and Islamic State, active in North Sinai, both of which it classes as terrorist groups.Rights groups say Egyptian prisons hold 40 000 political detainees and Amnesty said the new bill would establish special courts to rule on “terrorist” offences and would add new crimes to the list of those punishable by death.last_img read more

Motorist killed in road crash

first_imgThe accidenthappened around 7 a.m. on Oct. 13, the police added. According topolice investigation, Gando fell off his motorcycle after he lost control andhit the gutter./PN The 30-year-oldWillie Jay Gando died of head injuries, police said. center_img ILOILO City – Themotorcycle he was driving hit the gutter along the road in Barangay Cadagmayan,Sta. Barbara, Iloilo. last_img

Judge Njagi Marete cleared by tribunal

first_imgEmployment and Labour Court Judge Njagi Marete has been reinstated after Tribunal appointed by President Uhuru Kenyatta to investigate his conduct cleared him of any wrongdoing. A report given by the tribunal Led by led by Retired Court of Appeal Judge Justice Alnashir Visram found no merit on all accusations labeled against the judge.The complaint against Justice Marete was filed by Kenya Tea Growers Association in a matter involving the Kenya Plantations and Agricultural Workers Union and other parties.Also Read  Relief for families as MOH revises Covid-19 burial protocols Also Read  SRC moves to address pay disparities The tribunal said after thoroughly sieving through all evidence tendered by the witnesses and applying the law of the land of fairness and principle of equity found that the sole allegation of gross misconduct or misbehavior contained in a petition by the Judicial Service Commission presented to the President on May 2019  was not proven and could not stand. The tribunal recommended that the judge not to be removed from office. In June last year Justice Marete through lawyer his Gitobu Imanyara moved to the court seeking to stop the setting up of a tribunal, pending the determination of his petition challenging his allegation. The complaint against the Employment and Labour court judge was filed by Kenya Tea Growers Association claiming the judge had issued orders in a matter that he was well aware that the case had been handled by a another judge rendering the first ruling nugatory, but he defended himself that said the order related to two different application and as such there was no conflict. The suspended judge however lost the case when the court ruled that he had not demonstrated that his rights had been uninfringed. center_img This is after receiving oral submission from 18 witnesses, the tribunal investigating the contact of suspended Justice Njagi Marete of the Employment and Labour relations court has returned a no guilty verdict.  Get breaking news on your Mobile as-it-happens. SMS ‘NEWS’ to 20153last_img read more

Rescue Officials: Shark Bite Victim Flown from Bahamas to PBIA

first_imgCrews stationed at the airport were alerted around 5 p.m. that the victim was being flown in from the Bahamas, fire officials said.The victim was taken to a local trauma hospital for treatment.It is unclear why the person was flown to Palm Beach County, or the circumstances that led up to the shark bite.This is a developing story. A person who was reportedly bitten by a shark was flown to Palm Beach International Airport on Thursday, according to Palm Beach County Fire Rescue.last_img

Indian Premier League IPL 2019, RCB vs CSK: Never expected Dhoni to miss that last ball, says Parthiv Patel

first_img For all the Latest Sports News News, Indian Premier League News, Download News Nation Android and iOS Mobile Apps. Bengaluru: Parthiv Patel, the man whose direct hit gave Royal Challengers Bangalore an improbable one-run win over Chennai Super Kings, said he was left quite surprised when Mahendra Singh Dhoni missed hitting the last ball of the cliffhanger. Patel wasn’t expecting a marauding Dhoni to miss Umesh Yadav’s slower delivery before his direct throw sealed it for the home team on Sunday night.Dhoni scored 24 off the first five balls of the final over before missing the last ball. A scramble for one run ended in Parthiv’s direct throw leaving Shardul Thakur short of his crease.”We honestly wanted him (Dhoni) to hit through the off-side on the shorter side of the ground. If he had hit it on the leg-side, there were two runs because I don’t think the way he runs, there was any chance of stopping those two,” an elated Patel said at the post-match press conference. “So we wanted (Umesh) to bowl slower and outside the off-stump and surprisingly he missed it. I wasn’t expecting him to miss it but surprisingly he missed it,” he said.Patel said if Dhoni is around then 70 to 80 runs in the last five overs is always gettable at the Chinnaswamy. “Playing in Bangalore or Mumbai, you know that 70 runs in the last five overs is gettable. You need at least have 80-90 runs to get in last five overs to defend. So, we wanted to squeeze him. “We wanted to bowl as many dot balls to him as possible, and put pressure on other batsmen because everybody knows how MS is. He wanted the game to go down to last three-four overs and he almost won the game,” said Patel.The wicketkeeper-batsman scored his second half-century of the season and said that coach Gary Kirsten’s advice of choosing the correct bowlers was key to his success.”Before the game started, I was talking to Gary and he said ‘you don’t have worry of anything you need to choose your bowlers’ and that is exactly what I did,” said Patel.He is happy to open the batting as he can use the Powerplay overs to his advantage. “Honestly, it is great to be playing in the opening slot with Virat and AB coming in at number three. Actually, I don’t have to do much. I try to make sure that I hit couple of boundaries  and try and rotate the strike. “You know, I have been working hard on my game . I have been there in Australia for a couple of months…I have been working hard and I am quite happy with the way I am batting,” he said. last_img read more

Leg-spinner Rajindra Ramballi spins webs around batsmen

first_imgBy Elroy StephneyIT’S always a wonderful sight to witness someone naturally spinning a cricket ball as the versatile Rajindra Ramballi does. The talented 12-year-old from Affiance on the Essequibo Coast is a genuine leg-spinner whose flight, spin and accuracy are his probing arsenals of destruction.The slimly-built bowler, whose style of bowling mirrors that of the legendary Shane Warne, has the potential to mesmerise batsmen during his era with his own inimitable style of giving the ball a serious rip.He is technically sound and has a balanced approach to the crease in delivering. Ramballi, who currently attends Anna Regina Secondary School, began his cricketing career as a 10-year-old, representing Taymouth Manor Primary in Guyana Cricket Board’s (GCB) Kiddies Cricket Programme for schools.His passion, level-headed approach and a genuine desire to succeed have certainly plummeted him above his peers.  He was therefore an automatic choice for the recently concluded Inter-Secondary school Under-17 tournament where he excelled by claiming the most wickets and enabling his school to win the championship. He was to be later recognised at the school’s annual prize-giving exercise with a coveted medal for his outstanding performance in cricket. Ramballi in blazing the trail also represented North Essequibo and has since been making an upward trajectory. While he continues to thrive for excellence, the wily leg-spinner remains quite a disciplined, focussed and astute individual, who can be seen practising with other team mates at the Imam Bacchus ground in Affiance on a daily basis.He is indeed a match-winner too, by creating a magical performance against the touring Wakanaam Under-15 team in March when he collected a 5-wicket haul to steer his side to victory.In another memorable display he manufactured a hat-trick against Cotton Field Secondary which again demonstrated his uncanny ability to deliver in any circumstance. It is those special moments that have caught the eyes of many who have acknowledged that he is a bright prospect for the future.It was no coincidence, therefore, when he was selected to represent Essequibo in the recently concluded Under-15 Inter-County tournament. While he had moderate success his all-round game would have been enhanced with added confidence and exposure.The sky is the limit for the soft-spoken cricketer, whose willingness to learn and practise new concepts of his art are his strong attributes. While his bowling is his strength, Ramballi is also a competent batsman. The left-hander has a solid defence and relies on his timing and deft touches.He is nicely developing into a genuine all-rounder whose temperament is unshakable. Cricket is a rhythm game and an athlete has to constantly practise with consummate precision.This seems to be the motto of the diminutive sportsman as he thrives to perfect his art with absorbing hours of repetitive practice and concentration. Ramballi continues to seamlessly unleash the skill of undoubtedly quite a difficult art; yet he relishes spinning webs around batsmen with a variety of unplayable deliveries.He is a member of the Bacchus Bulls Sports Club, which has a rich history of producing a number of former national youth players, including Yogeshwar Lall, Latchman Rohit, Yudhanlall Sukhlall, Ian Gonsalves, Parmesh Parsotam, Wayne Osbourne and Nathan Persaud.The little maestro is poised to emulate his club-mates in the near future on his way to becoming one of Essequibo’s finest since the emergence of Jaimini Singh, the county’s highly rated leg-spinner, almost thirty-five years ago.last_img read more

bwin launches blockbuster campaign for Russia 2018

first_img Related Articles Share Submit GVC hires ‘comms pro’ Tessa Curtis to re-energise media profile  August 25, 2020 Share Jason Ader – No Boogeyman… Activism will play a vital part in reshaping gambling August 20, 2020 StumbleUpon GVC absorbs retail shocks as business recalibrates for critical H2 trading August 13, 2020 GVC Holdings’ European sports betting subsidiary bwin, has announced the launch of its World Cup Russia 2018 multi-vertical marketing campaign ‘Who Stole the Cup?’Continuing its ‘blockbuster approach’ to promoting its sportsbook product, bwin marketing details that ‘Who Stole the Cup?’ is the sequel to 2017’s European-wide ‘The Race’ campaign.bwin latest marketing campaign is produced by Spanish director Pedro Martin-Calero and features football legends Maradona, Cafu and Stefan Effenburg, alongside former Real Madrid manager, Vicente del Bosque.“Each of the football legend suspects, feature across all channels of the campaign from TV, out of home and online. From the teaser phase all the way through to the reveal of who the dastardly thief was, the audience will be left guessing” details bwin marketing launching ‘Who Stole the Cup?’.The new campaign will run across bwin core territories of Germany, Austria, Greece, Spain, Italy, France, UK, Belgium, Denmark and Sweden, with bookmaker releasing behind-the-scenes interviews on bwin.combwin’s campaign has been developed by international creative agency BBH Sport and will form part of its wider ‘Live the Action’ brand marketing initiatives.GVC Holdings Chief Marketing Officer Adam Lewis commented on the campaign launch:“Being smart, creative and bold is in GVC’s DNA and again our teams have delivered with this blockbuster World Cup campaign, it will entertain and engage our players and audiences globally, plus reinforce bwin’s position as Europe’s leading and most innovative sportsbook.”last_img read more

7 football players implicated in Spanish match fixing investigation

first_img StumbleUpon Share Betway and Dafabet grow La Liga sponsorship portfolios August 14, 2020 Leeds United nets record breaking SBOTOP sponsorship for EPL comeback August 11, 2020 Share Submit Related Articles Winamax maintains Granada CF sponsorship despite bleak Spanish outlook August 19, 2020 An investigation has found up to seven players and a criminal gang guilty of match fixing during a game between Valladolid and Valencia, with a number of matches investigated during the 2016-2017 and 2017-2018 seasons. The match between two-goal win over Valladolid landed Valencia a spot in the Champions League for the next season. However, both goals in the tie came as a result of defensive errors from Valladolid players.A La Liga spokesperson commented on the matter: “The police action follows complaints about possible match-fixing in a May 2018 match from La Liga to the Spanish authorities.“During the 2018/19 season La Liga has filed eight complaints with the general commissioner of the judicial police for alleged acts related to match-fixing in lower divisions of Spanish football and international friendlies played in Spain.”The statement continued: “We have also sent alerts to the general directorate of gaming on 18 football matches for possible identification and sanction of players from lower divisions who could have bet on their competition.“We thank the police for the extraordinary work done to dismantle what appears to be an organised criminal group dedicated to obtaining economic benefits through the predetermination of football matches.“This police operation demonstrates the effectiveness of integrity protection systems implemented by La Liga to protect the cleanliness of all competitions in Spanish football.“La Liga continues to fight to eradicate any scourge against fair play in Spanish football.”According to a report by El Mundo, police were able to sanction a wire tap to investigate the matter further. The wire tap allegedly recorded Carlos Aranda stating: “Look brother, Valencia wins the first half and the second, okay?“Listen to me, they win the first half and the second, they win the game…look, you know what it is, nobody can find out. Nobody is nobody, nobody, no your friends, or anyone.”According to El Mundo, he goes onto say: “No one can find out about this and no one means no one, eh. Not your friends, no one.”The recent arrests follow a spate of investigations across the country into match fixing and involvement in criminal organisations among footballers, according to Spanish newspaper El País.Among the players involved were Getafe’s Samuel Saiz, who spent last season on loan at English Championship side Leeds United. Former Real Madrid player Raul Bravo, Real Valladolid’s Borja Fernandez and Deportivo de La Coruna’s Inigo Lopez Montana are also all under investigation.last_img read more

This week in esports: US betting, Asian Games, University of Oxford, Razer

first_imgIt’s time for another round-up of this week in esports! There’s never a quiet week in the industry, and we know it’s hard to stay in touch with everything that goes on, so we always make sure to round up the biggest stories for you.This week there has been developments in the chances of esports at the Olympics and betting on your favourite titles if you’re in the US! If you’d like every single story sent to your inbox then we can do just that – twice a week! Sign up to our newsletter, ESI Dispatch.Supreme Court decision permits sports betting in USThe Supreme Court came to a decision this week regarding the Murphy vs. NCAA case, the result saw the law prohibiting sports betting in the US being stricken down.Ruling against PASPA, the Supreme Court has giving states the green light to legalise sports betting at their own discretion. Esports was formerly covered under the law, meaning it too is now opened up to the country.Read the full article here.League of Legends among esports titles at 2018 Asian GamesLeague of Legends, a title developed and published by Riot Games, is among six esports title that will be debuted at an Official Demonstration Sport at the 2018 Asian Games.The International Olympic Committee recognise this event as the second largest of its kind, only behind the Olympics itself. Riot Games will be supporting the event by actor as an advisor for the Olympic Council of Asia.Read the full article here.Tencent to bring esports courses to University of OxfordTencent has signed a Memorandum of Understanding with the UK Department International Trade, bolstering its relationship with the UK government and working with the University of Oxford.The University will host both tournaments and, potentially, courses with a goal of raising the profile of esports, and feeding more talent into the industry. As part of this deal, Tencent will also create a British version of its popular racing game, QQ Speed.Read the full article here.Immortals and Los Angeles Valiant partner with RazerImmortals, and its Overwatch League franchise Los Angeles Valiant, has forged a partnership with gaming peripheral and equipment company Razer. The Valiant will host local activiations in Southern California alongside Team Razer.The two-year deal will see the esports organisation, and its Overwatch team, use Razer products to train and compete. Immortals’ mobile division will use the esports-focused Razer Phone, too.Read the full article here.last_img read more