Despite the ongoing battle with a fellow NDP government over the Trans Mountain pipeline and provinces linking up to fight carbon taxes, Alberta Premier Rachel Notley says she’s not worried about national support when she runs for re-election. “Not at all,” Notley said this week. “People align on the basis of certain issues.” Notley and B.C. NDP Premier John Horgan remain at odds over the pipeline expansion, as the Liberal government recently announced buying the project in order to save it in the face of court challenges, with a plan of selling it later. Federal NDP Leader Jagmeet Singh has sided with B.C. on the issue and when Singh tweeted last month about the approval process being rigged, science being ignored and that it shouldn’t be built, Notley called his comments “is absolutely, fundamentally, incontrovertibly incorrect.” As Notley defends the pipeline, she’s also seeing mounting opposition to carbon taxes in the country, and UCP Leader Jason Kenney has pledged to scrap Alberta’s version if elected next year. Kenney has also said he’d follow Ontario Premier-elect Doug Ford, who formally announced his province would join the Saskatchewan court challenge to the federal carbon tax plan. But Notley questioned the strategy. “I think we need to think about folks who start making plans for when the people of Alberta elect them into a position that they don’t currently hold 11 months beforehand,” she said. “I was here in 2015, and part of the way we won the election was we said you know what, the arrogance and the entitlement of the past, that’s not a thing that’s cool. “Maybe Mr. Kenney ought to change his dial just a little bit there.” As for provinces joining the fight on carbon taxes, Notley said it’s not unanimous. “We’ve got for instance a conservative government in Manitoba, which has already acknowledged that the court case that Saskatchewan is planning on moving forward on is probably going to fail,” she said.“Make no mistake, the federal government has the ability to do this, so you can make it a political plank to go to court all you want, but folks need to understand what the outcome likely is going to be.” Manitoba did sign on to Ottawa’s climate plan back in February, and Premier Brian Pallister recently said Ford’s election wouldn’t alter his plan for a $25-per-tonne levy. But Pallister has also said Manitoba would take Ottawa to court if the Liberals attempted to impose a higher tax and New Brunswick’s version is at odds with federal regulations. Still, Notley says she doesn’t think she’s on a political island. “Two premiers and that is lovely and a leader of the official opposition, but there are actually many more provinces than that across the country,” she said.On Friday after Ford announced his intention to join the challenge, Kenney commended him. “Whereas the Government of Saskatchewan is standing up for families across the country with a constitutional challenge against the carbon tax, Alberta’s NDP is choosing to stand with their Trudeau Liberal allies and a tax that makes it more expensive to heat homes and drive to work,” he said in a statement. But Liberal support is critical for Notley’s re-election chances according to Mount Royal University political scientist Duane Bratt, considering her relationship with Prime Minister Justin Trudeau.“If you didn’t have that partnership, you wouldn’t have seen the Trudeau government purchase the pipeline,” Bratt said, adding he agrees that Saskatchewan likely won’t win on the constitutional challenge. With all the internal and external battles, Bratt said Notley has the pipeline, which is undeniably integral to possible re-election. “Without Trans Mountain, she doesn’t have a hope of being re-elected, with Trans Mountain she has a hope,” he said. “There’s multiple other issues at play here, but if she hadn’t delivered that, she wouldn’t stand a chance in 2019.”
Companies reporting major news:Air Canada. (TSX:AC). Up $1.52 or 3.91 per cent to $40.40. Air Canada and Transat AT Inc. announced Canada’s largest airline wants to purchase the other for about $520 million. Air Canada would pay $13 per share for Transat.The Supreme Cannabis Company Inc. (TSX:FIRE). Up one cent or 0.54 per cent to $1.87. The Supreme Cannabis Company Inc. signed a deal to acquire Langley, B.C.-based Blissco Cannabis Corp. in an all-stock deal it valued at $48 million. Each Blissco share would be exchanged for 0.24 of a common share of Supreme Cannabis.The Canadian Press Some of the most active companies traded Tuesday on the Toronto Stock Exchange:Toronto Stock Exchange (16,443.86, up 125.72 points).Bombardier Inc. (TSX:BBD.B). Industrials. Up 15 cents, or 7.5 per cent, to $2.15 on 12.9 million shares.Aurora Cannabis Inc. (TSX:ACB). Health care. Up 28 cents, or 2.4 per cent, to $11.95 on 9.5 million shares.Prometic Life Sciences Inc. (TSX:PLI). Health care. Up half a cent, or 11.11 per cent, to five cents on 9.2 million shares.Manulife Financial Corp. (TSX:MFC). Financials. Up 16 cents, or 0.68 per cent, to $23.64 on 6.6 million shares.Enbridge Inc. (TSX:ENB). Energy. Up 61 cents, or 1.24 per cent, to $49.91 on 5.9 million shares.Cenovus Energy Inc. (TSX:CVE). Energy. Down six cents, or 0.51 per cent, to $11.80 on 5.4 million shares.
Secretary-General Ban Ki-moon intends to join a 24-hour fast over the weekend on the eve of the World Summit on Food Security in solidarity with the planet’s one billion people who do not have enough to eat, his spokesperson said today.Mr. Ban will deliver a speech at the opening of the three-day summit in Rome on Monday in which he is expected to say that it is unacceptable that more than one billion go hungry when the world has more than enough food, Marie Okabe told a news briefing.“He will also highlight the human cost of the recent food, energy and economic crises and say that these crises are a wake-up call for tomorrow,” she added. “In particular, he will emphasize the link between food security and climate change.”Mr. Ban will stress that next month’s climate change meeting in Copenhagen must conclude a comprehensive agreement that will provide a firm foundation for a legally binding treaty on climate change.The UN Food and Agriculture Organization (FAO) on Wednesday called for a day-long, global hunger strike.“We are suggesting that everyone in the world who wants to show solidarity with the one hungry billion people on this planet go on hunger strike next Saturday or Sunday,” FAO Director-General Jacques Diouf told a press conference in Rome. 13 November 2009Secretary-General Ban Ki-moon intends to join a 24-hour fast over the weekend on the eve of the World Summit on Food Security in solidarity with the planet’s one billion people who do not have enough to eat, his spokesperson said today.
“Peacebuilding is a complex and multifaceted undertaking. It requires significant amounts of human, financial and institutional resources,” Mr. Ban noted in his remarks to the Security Council’s debate on post-conflict peacebuilding. “But the most important tool we can deploy is the political commitment of national and international actors,” he stated.The Secretary-General, in a report issued last July, laid out some of the other factors that are important to ensuring successful peacebuilding efforts. These include seizing the crucial opportunity after the end of a major conflict, responding early and robustly, staying engaged over the long term, and tailoring efforts to the needs of each country. For peace to last, he stated, concrete peace dividends had to be delivered, with real benefits in people’s daily lives. He added that peace will not endure unless governments in post-conflict countries are able to perform the basic functions of a State and to ensure sustainable security.These functions include policing the streets, upholding the rule of law, establishing a functioning justice and corrections system and delivering basic services. Governments should also be capable of demobilizing and reintegrating ex-combatants, developing a professional security sector, and protecting civilians from death and injuries caused by landmines. “Timely funding is essential,” Mr. Ban also stressed, stating that it is vital to have adequate and timely resources for early peacebuilding tasks, including, if necessary, the rapid deployment of standing police and other civilian capacities. Since its establishment in 2006, the United Nations Peacebuilding Fund has provided resources to 16 countries, with 88 per cent of this funding going to countries with either peacekeeping missions or political and peacebuilding missions. The Fund also serves as a pillar of support for the UN Peacebuilding Commission, which was set up in 2005 to help struggling States avoid slipping back into war and chaos by providing strategic advice and harnessing expertise and finance from around the world to aid with recovery projects. Approximately $106 million from the Fund has been allocated to the four countries on the Commission’s agenda – Burundi, Sierra Leone, Guinea-Bissau and the Central African Republic (CAR). The Secretary-General noted, however, that the Peacebuilding Fund’s value is in identifying priority areas and helping to channel resources to them. By itself, it can not meet the financial needs of countries emerging from conflict.“I therefore urge donor countries to increase their support: as bilateral donors, through direct contributions to countries emerging from conflict and as multilateral donors, through the international financial institutions or UN agencies on the ground,” he told the meeting, which is scheduled to hear from nearly 50 speakers during the day-long debate, including Ambassador Peter Wittig of Germany, who serves as Chair of the Peacebuilding Commission.In a related development, the Security Council has decided to cancel its planned mission to Africa, which was scheduled to depart today, due to the disruption to international flights in and across Europe caused by the ash clouds resulting from the volcanic eruption in Iceland. 16 April 2010Secretary-General Ban Ki-moon today stressed the need for strong political commitment by post-conflict countries and their international partners, saying it is the key to building lasting peace in the aftermath of war.
OTTAWA — The recently announced free-trade deal with Europe will likely cost Canadians hundreds of millions of dollars more for prescription drugs, says a new analysis.The report, by two York University professors, says concessions by the federal government to cement the deal will delay the arrival cheap generic drugs by about a year, on average.[np_storybar title=”Here’s who wins and loses in the Canada-EU free trade deal” link=”https://business.financialpost.com/2013/10/18/canada-eu-trade-deal-winners-losers/”%5DEvery free trade deal has winners and losers, and the much-anticipated Canada-European Union is no exception. Lee Berthiaume takes a deeper look. [/np_storybar]And the delay will add between $850 million and $1.65 billion — or up to 13% — to the total drug bill paid annually by Canadians, either directly, through insurance plans or by provinces.The researchers are also skeptical of claims by brand-name manufacturers that extended patent life will be an incentive to the industry to invest more in Canada.“There is no incentive for them to invest more in Canada,” said Marc-Andre Gagnon, one of the authors.“The question is: Are we getting bang for the buck? And the answer is No.”The report warns that all Canadians will likely wind up paying more in taxes, or higher premiums for private drug plans — and Canadians who can least afford it will bear the biggest burden.“People with no drug coverage and paying out of pocket are usually people with minimum-wage jobs and are often the least able to absorb increases in prices,” says the report.Russell Williams of R&D Canada, which represents the brand-name drug industry, questioned whether it was possible to estimate cost increases because it is impossible to predict what new drugs will hit the market a decade from now.“Nobody knows what the prices will be. Nobody can predict a 2023 scenario with any credibility,” he said.He also disputed that the changes will have no impact of investment by the industry, saying spending on research and development shot through the roof after 1987, the last time Ottawa made significant changed to patent protection.The paper, being released Thursday by the Canadian Centre for Policy Alternatives, was co-authored by Joel Lexchin, a physician and professor of York University’s school of health policy; and Gagnon, a public-policy professor and researcher with the Pharmaceutical Policy Research Collaboration.Under the terms of the Canada-European Union free-trade agreement tabled in the House of Commons this week, brand-name manufacturers can extend by up to two years the life of their patents. They also won the right of appeal against unfavourable court rulings, which could add another six-to-18 months to patent life.The federal government has acknowledged costs could rise. Prime Minister Stephen Harper has pledged to compensate provinces for any additional costs, which would only appear starting in 2023, assuming the deal is in place by Jan. 1, 2015. There was no pledge, however, to compensate individuals or private insurance plans.Previous studies conducted before details of the agreement were released Oct. 18 also projected higher costs, up to $2.8 billion, based on the expectation there would be longer patent protection.But Gagnon and Lexchin say those assumptions were based on Canada adopting the European model of patent protection, rather than going only part way, as was agreed to in negotiations. The expected delay, using the same assumptions as a previous study, was ratcheted down to 1.05 years.That doesn’t mean that average couldn’t be longer, or longer for specific drugs, Gagnon noted. At the extremes, the combination of extended patent restoration and right to appeal could keep generic copies on the sidelines as much as three years longer, which would increase the cost estimates.In the information package issued day the deal was announced, the federal government said the extended patent protection would help “keep Canada as an important destination for research and development.”The industry, represented by R&D Canada, at the time praised the agreement known as CETA, saying the improvement to intellectual property protection “will help drive investment (and) support high-paying jobs.”That’s a doubtful assertion, say the authors. They note that when Ottawa extended patent protection in 1987, the brand-name industry committed to invest at least 10% of sales in Canada but have not met the target since 2003.The most recent figures for 2012 show that R&D spending in Canada represents only 6.6% of sales, the researchers say.“It is expected that the R&D-to-sales ratio will decline even more, since CETA will artificially inflate sales due to higher costs without increasing R&D expenditures,” they write.Williams called the system of measuring the ratio flawed. The industry invests more than $1 billion a year in Canada and has lived up to its commitments, he said.Gagnon says the uncertainty over the predicted higher annual cost — from a low of $850 million to a high of $1.65 billion — stems from a lack of clarity as to what new drugs will be covered under the agreement. If minor changes to existing drugs also receive the added protection, the bill will be higher for Canadians.By comparison, according to sources, Canadian exporters stand to gain only about $226 million from the elimination of virtually all industrial tariffs once the deal comes into place.Gagnon says Canadians already pay more for pharmaceuticals than citizens of almost any other country, except the United States, at about $900 a person, and CETA will only add to the burden.
A policeman who was injured during a shooting incident targeting a prominent judge in Jaffna yesterday, succumbed to his injuries in hospital.The judge involved in the murder case of Sivaloganathan Vithya was shot at in Jaffna last evening. High Court judge N. Illancheliyan was shot at by gunmen in Nallur, Jaffna while he was in his vehicle.The judge was unhurt but a policeman who was giving security to the judge was injured. The High Court judge is part of a trial-at-bar hearing the case on the rape and murder of the school girl. (Colombo Gazette)
They were produced before a local court and remanded. A group of fishermen have been arrested and remanded in Seychelles, the Sri Lankan High Commission in Seychelles said.The Sri Lankan High Commissioner in Seychelles Tikiri Herath Gunathilake said in an email that the fishermen had been on a Sri Lankan registered boat named ‘Nuwan Putha’.
Hamilton-native Kia Nurse made history Tuesday night when she tied an NCAA Tournament record and led UConn to their 109th consecutive win. In a second-round rematch of last year’s national championship game, the Canadian junior guard scored 29 points in a 94-64 victory over Syracuse. Nurse missed just three of her 13 shots and tied an NCAA Tournament record with nine 3-pointers.
Hedge fund gets OK to go ahead with its own meeting of Telus voting shareholders AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to RedditRedditShare to 電子郵件Email by LuAnn LaSalle, The Canadian Press Posted Oct 12, 2012 5:44 pm MDT New York hedge fund Mason Capital Management has won the latest legal victory in the dispute over Telus Corp.’s share conversion strategy, but the telecom company has signalled it’s still in the fight with a plan to hold an already scheduled vote on consolidation.Mason Capital Management was given the green light by the British Columbia Court of Appeal to go ahead with its rival meeting of voting shareholders of Telus to consider a premium for the share conversion plan.Mason said it will ask the court for directions to hold its own meeting and will also ask for a postponement of Telus’s meeting, slated for Wednesday.But Telus said Friday that it still will hold its shareholder meeting on Oct. 17, despite Mason’s victory.“We’re looking forward to our Oct. 17 shareholder meeting,” said Nick Culo, vice-president of corporate communications.The B.C. Court of Appeal set aside a lower court decision that had prevented Mason Capital from having its own meeting of Telus’s voting shareholders.“In my view, it is appropriate to allow the parties to work out the logistics for the scheduled meetings, with the assistance of the Supreme Court, as necessary,” Justice Harvey Groberman said in a written decision.Telus (TSX:T) wants to convert its dual-class share structure, which separates shares that have voting rights and non-voting A shares (TSX:T.A). Mason has repeatedly said holders of Telus’s voting shares should get a premium to approve it, which Telus said it isn’t required to do.The court, however, did express concern about Mason’s “empty voting,” or hedged position in Telus, which the telecom firm has also criticized.“The limited financial stake that Mason has in Telus is a cause for concern. It has placed itself in a position where the well-being of the company or the value of the company’s shares is of limited concern to it,” Groberman said.“Instead, its interests lie in widening the gap between the prices of non-voting and common shares.”Mason Capital owns about 19 per cent of Telus’s voting stock, making it the largest voting shareholder. Mason shorted almost the same amount in non-voting shares, essentially betting the price of those shares would fall if the share consolidation plan was defeated.Short sellers make a profit when the stock price falls.It is a legal trading strategy in Canada based on the traditional gap in prices between the voting and less desirable non-voting shares. Telus has complained that Mason Capital was voting $1.9 billion worth of Telus’ common shares with only a $25 million net economic stake in the company.The judge said Mason Capital doesn’t appear to be violating any laws, and the appeal court can’t intervene on “empty voting.”“To the extent that cases of ’empty voting’ are subverting the goals of shareholder democracy, the remedy must lie in legislative and regulatory change,” Groberman said.Mason Capital said Telus shareholders with voting rights will get their say.“Telus has refused to consider the concerns of its voting shareholders and has demonstrated that it was prepared to go to almost any length to force through its one-to-one proposal,” Mason said in a statement.“Now voting shareholders will have the opportunity to have a say on the critical issue of a fair minimum premium for the Telus voting shares in a share conversion.”Mason has proposed a minimum premium valuation of either 4.75 per cent — which represents the historic average trading premium of the voting shares over the non-voting shares — or a minimum premium of eight per cent.Telus first introduced its share-conversion plan in February, but withdrew the proposal right before its annual general meeting in May when it said that Mason’s “empty voting” tactics would prevent it from passing.Telus has said the share conversion plan will give it more liquidity, is in line with good governance and will allow the telecom company to list its common shares on the New York Stock Exchange.Traditionally, the non-voting shares have been primarily held by Canadian institutional and retail investors.Voting shares in Telus added 10 cents to close at $62.71 Friday on the Toronto Stock Exchange.
UN Photo/Manuel EliasThe Security Council unanimously adopts resolution 2347 (2017), condemning the unlawful destruction of cultural heritage in the context of armed conflicts, notably by terrorist groups.Need for supply chain integrity and stopping illicit trade of cultural propertyAlso today, the top UN political official said that in addition to making every effort to implement the international legal and normative framework on protection of culture, as well as strengthen international cooperation, a response was needed from global criminal justice to prevent trafficking in cultural property by disrupting organized criminal and terrorist networks.“We need to put a stronger focus on investigation, cross-border cooperation and exchange of information, and on bringing in private and public sector partners, including dealers and the tourism sector, to promote supply chain integrity and stop the illicit trade and sale of cultural property,” said Jeffrey Feltman, the UN Under-Secretary-General for Political Affairs.Yury Fedotov, the Executive Director of UNODC also welcomed the resolution’s emphasis on international cooperation in crime prevention and criminal justice responses to counter trafficking in cultural property.“The resolution […] addresses the vital issue of trafficking in cultural property as a source of terrorism financing, and also sets out ways of protecting cultural heritage during armed conflict where it is most vulnerable,” he said, noting that it strengthened the international community’s ability to tackle the issue and help acts that fund terrorism, and enable yet more destruction and looting of cultural sites and archaeological treasures.Also speaking at the Security Council, Commander Fabrizio Parulli of the Carabinieri Italiani (the national gendarmerie of Italy) and the UNESCO Unite4Heritage task force shared the latest data on illicit trafficking, and said that over the course of last year, 800,000 artefacts had been seized by Italian forces in the fight against the financing of criminal activities. “The deliberate destruction of heritage […] has become a tactic of war to tear societies over the long term, in a strategy of cultural cleansing,” said Irina Bokova, the Director-General of the UN Educational, Scientific and Cultural Organization (UNESCO) following the resolution’s adoption.“This is why defending cultural heritage is more than a cultural issue, it is a security imperative, inseparable from that of defending human lives,” she added.Today’s briefing by Ms. Bokova to the Security Council was the first time a head of UNESCO has been invited in that capacity.Defending cultural heritage is more than a cultural issue, it is a security imperative, inseparable from that of defending human lives – Irina Bokova, head of UNESCOIn her briefing, she explained that since the adoption of Resolution 2199 (in 2015), which prohibits trade in cultural property from Iraq and Syria, efforts were well-underway to disrupt terrorist financing through the illicit trafficking of antiquities.“Together, UNESCO, INTERPOL, the UN Office on Drugs and Crime (UNODC), customs services, the private sector and museums are all bolstering cooperation, coordinating new action,” she noted.Through the newly-adopted resolution, the Security Council also underlined that such destruction can hamper post-conflict reconciliation, undermine economic and cultural development and, that, in certain conditions, could constitute a war crime.“Weapons are not enough to defeat violent extremism. Building peace requires culture also; it requires education, prevention, and the transmission of heritage,” added Ms. Bokova.“This is the message of this historic resolution,” she stated.
NATIONAL BASKETBALL ASSOCIATIONAdam SilverCommissionerMay 28, 2015Dear Jody, Chadwick, Neil and Kate:Thanks for your letter and for devoting FiveThirtyEight’s considerable resources (and those of your readers/listeners) to addressing the NBA Draft Lottery.I was impressed with the detail and sophistication on display in many of the proposals — though I can’t say I’ll be riding a bear into the Lottery room any time soon. From the Tombstone Date to the Tweaked Wheel, I am grateful for the hard work of all 7,000 passionate basketball fans who took the time to examine our Draft Lottery from every conceivable angle.Of course, there can only be one winning proposal, and the work of the Futures Draft Planning Committee is a worthy champion. It is thorough, well researched and addresses many of the questions we are currently facing with the Draft Lottery; in fact, our internal Draft Lottery working team looked at models very similar to the one proposed by Samuel and Cody. While we continue to study this concept, we believe that “NBA Futures” runs into some of the same problems as other proposals we have considered — namely, by solving one potential problem, it creates a host of new ones.To elaborate, we believe the proposed system would represent a change in two major areas:First, it creates more variability; it is difficult to predict exactly where a team will finish in a particular year, so there is not a guaranteed reward for getting the first selection of a surrogate” team. However, we believe there would be a strong correlation between the selection order of surrogate teams and their actual performance (based on the high correlation of teams’ year-over-year performance). This suggests that there would indeed still be an incentive to be among the worst-performing teams in any given year.Second, “NBA Futures” delays the allocation of high draft picks to poor performing teams; for example, Team X finishes with the worst record in year 1 and gets the right to select its surrogate team first – Team . As described above, we would expect Team Y to perform poorly in year 2 more often than not, thus resulting in a high draft pick for Team X after year 2. Under our current system, Team X would get a high draft pick after year 1.It is debatable whether the goals of increased variability and delayed allocation of high draft picks to poor-performing teams are the right ones. If we were in fact seeking to accomplish these two goals, there are several approaches that might be more straightforward. For example:– To add variability, level out the odds for the worst performing teams– To delay pick allocation, tie lottery odds to performance from one year priorThe proposed system could also create strange incentives around surrogate team selection: Will teams be inclined to select a surrogate in their division or conference for competitive purposes? Will teams try to sign their surrogates top free agent simply to make them worse? There could also be situations in which a team would have incentive to contribute to its non-surrogates improvement.And even though it sounds like Samuel and Cody have thought of contingencies like no trade clauses between surrogate teams, the proposal would likely add a significant layer of complexity to the trading of draft picks.Finally, its worth noting that the timing of surrogate selection would be very important. Wherever set, it could become subject to gamesmanship by teams sequencing transactions or disclosing (or not disclosing) information, like injuries, on either side of the deadline.As you can see, while there appears to be a growing consensus that we need to reform the Draft Lottery, finding the right balance of competing interests, especially one that will gain the support of three-quarters of NBA teams (the vote required to make the change), is a work in-progress. Regardless of the outcome, all of us at the NBA thank you for your contributions to a lively debate. Please keep the ideas coming!Sincerely,(Adam Signature) Over the last month, our sports podcast “Hot Takedown” asked listeners to submit their ideas for how to fix the NBA Lottery and end tanking. We got almost 7,000 responses, some silly, most very thoughtful. We picked one — a proposal in which teams would place bets on how other teams will perform, divorcing one’s own record from one’s own lottery pick (read about it here) — and sent it off to NBA Commissioner Adam Silver’s office.And then we waited. Most of us (all of us) figured that was it. Usually letters to powerful sports bureaucrats go into the ether.Well, on Friday an envelope arrived in the mail from Commissioner Silver’s office. Someone had clearly read our letter and taken the time to draft a three-page response. (But, for what it’s worth, that someone had not listened to the podcast, or seen my bio page — it was addressed to “Ms.” Jody Avirgan.)The letter lauded our project, offered a detailed response to our plan, and acknowledged a “growing consensus” that the lottery needs fixing. Ultimately, though, it said the equivalent of “thanks, but no thanks.” But over three pages!Watch the video above for instant reaction from “Hot Takedown” host Chadwick Matlin and me. We’ve also posted the full text of the letter at the bottom of this post, and invite you to annotate it on Genius.We’ll dig into the details of Silver’s response soon, but here are a few quick notes.“I can’t say I’ll be riding a bear into the Lottery room any time soon,” Silver writes. Bummer. But the vision lives on.The word “tanking” does not appear in this letter.Nevertheless, in responding to the “futures” plan, Silver does say he thinks “there would still be an incentive to be among the worst-performing teams.” Not to get too Talmudic, but is his use of “still” a tacit acknowledgment that there is currently an incentive to perform poorly?It’s signed only “Adam.” Neat.It’s tough to say whether this letter, along with the other statements Silver has made about lottery reform, indicates that the NBA is truly considering or merely entertaining more creative ideas. And Silver points out that three-quarters of owners will have to approve any changes. Is mentioning that the lottery’s fate is in owners’ hands an excuse not to take bold action, or just realism?Toward the end of the letter, Silver writes that “there appears to be a growing consensus that we need to reform the Draft Lottery.” In the past, Silver has flat-out denied that players are trying to lose, but he’s also acknowledged that the Competition Committee is looking at lottery reform. Part of me appreciates his candor, and part of me is surprised that Silver is still using cautious language like “appears to be … growing.”We’ve already re-extended our invitation for Commissioner Silver to come on “Hot Takedown” to further discuss the proposals and NBA tanking. Again, you can annotate his response for yourself and listen to our original podcast discussing all the proposals below (tanking conversation starts at 17:30): More: Apple Podcasts | ESPN App | RSS | Embed Powered by Genius Silver’s full letter, plus your annotations: Embed Code By Jody Avirgan Adam Silver Responds To FiveThirtyEight’s Letter About The NBA Lottery Adam Silver
Facebook Twitter: @NeosKosmos Instagram Prime Minister George Papandreou and Finance Minister Evangelos Venizelos failed to offer concrete answers to other members of the Cabinet on what a planned revision of the terms of a second rescue plan for Greece, which was hammered out by European Union leaders in July but has yet to be ratified, will mean in real terms. Many ministers left a cabinet meeting complaining that they had understood little or nothing about the outlook for Greece following indications this week by several EU officials, including German Chancellor Angela Merkel and Eurogroup Chairman Jean-Claude Juncker, that the second rescue package — referred to now as the July 21 agreement -would be subject to certain changes. According to sources, Venizelos had wanted to fully brief his fellow ministers about the scenarios being considered by his eurozone counterparts but was prevented from doing so by Papandreou due to fears of the possible repercussions of such speculation. But many ministers reportedly pressed Venizelos to elaborate on comments he made earlier in the day to a group of MPs of ruling PASOK regarding the “broadening of efforts to tackle Greece’s debt.” Venizelos is also said to have reassured MPs that he expected deliberations by eurozone counterparts to produce a positive decision for Greece, “that would fortify our country institutionally and financially.” But the minister fudged his responses to questions about the possibility of a larger-than-expected haircut on Greek debt, a scenario that would mean rather than being in “selective default” Greece would experience a full default. According to sources, several ministers, including Health Minister Andreas Loverdos, complained to Papandreou after the cabinet meeting about the lack of substance to the briefing. The July 21 agreement is expected to be high on the agenda of scheduled talks tomorrow between Merkel and French President Nicolas Sarkozy. Additonally an extraordinary meeting of eurozone finance ministers that was due to take place on October 13 to decide whether Greece should receive its next emergency loan tranche has been postponed. Eurogroup chief and Luxembourg Prime Minister Jean-Claude Juncker announced the delay saying that the final decision on Greece’s eight billion-euro instalment has been postponed because the troika’s assessment will not be ready by October 13. He did not suggest an alternative date for the meeting but insisted that Greece would not default and that there had been no discussion of this option. In the meantime the Greek Parliament voted late on Tuesday in favor of holding a referendum aimed at getting the public’s approval for a series of constitutional changes. Although the government has not yet set out in detail what topics it will address, it may want to pave the way to make it easier to fire civil servants and to set up tax courts to give authorities greater power in pursuing people and businesses that owe money to the state. However, Interior Minister Haris Kastanidis suggested to MPs that that referendum would contain a question that would allow Greeks to state their opinion on how the government is tackling the economic crisis. “The question that will be posed will relate to the fundamental interests of the Greek people in the face of the fiscal and economic crisis,” said Kastanidis. “It will involve a question or questions that will relate to the crucial economic and fiscal situation.” The minister did not give any further details apart from saying that the question that will be put to Greek voters later this year will not be easy. Source: Kathimerini
Windows 8 : démarrage trop rapide avec SSDMicrosoft a dû revoir la procédure de démarrage de Windows 8 sur certains PC car celle-ci était trop rapide et ne laissait pas le temps d’entrer dans les menus de démarrage.Alors que l’arrivée de la version Release Preview de Microsoft est imminente, la firme de Redmond a dû faire face à un souci peu commun. Sur les PC équipés de disques durs SSD, le démarrage du système d’exploitation Windows 8 est trop rapide ! Ce qui pourrait très bien être un avantage est problématique lorsque l’utilisateur veut taper F2 ou F8 pour accéder au menu démarrage…À lire aussiWindows 8 : Microsoft annonce 40 millions de licences venduesMicrosoft a donc été contraint de ralentir le démarrage de son futur OS, comme il l’a indiqué sur son blog officiel. Cependant, ce démarrage rapide obtenu en utilisant un logiciel de type UEFI et un disque SSD pour le stockage, ne saurait être observable sur tout type de configuration. Mais sur le blog de Microsoft, il est possible de lire que le lancement de Windows 8 s’effectue en 7 secondes seulement. Le problème étant que l’utilisateur ne disposerait que de 200 ms pour arrêter la procédure de démarrage du système d’exploitation… Il est encore temps de s’apercevoir de ce désagrément car au fil du temps les machines vont elle-mêmes devenir beaucoup plus rapide ! Par conséquent, un nouveau menu d’options devrait être proposé au lancement de l’OS, en cas de souci de démarrage uniquement.Le 28 mai 2012 à 10:00 • Maxime Lambert
While we’re all waiting impatiently for Black Friday to kick into high gear, Dell is already delivering some incredible early access deals. From laptops to consoles to 4K TVs, there’s something on the Dell store for just about any holiday wishlist.Many of Dell’s deals still remain to be seen, and we’ll be covering all of the very best all the way through Black Friday and Cyber Monday as they pop up, but right now we want to give you a taste of what’s currently on sale. • New Inspiron 15 1080p Gaming Laptop for $899.99 at Dell HomeFeaturing a quad-core Kaby Lake CPU, a superb Nvidia GeForce GTX 1060 graphics card (with 6GB of memory), a 15.6-inch full HD display, and 8GB of DDR4 RAM, this is one of the very best gaming laptops we’ve seen for under a grand. • Dropbox Plus Single-User Annual Subscription with a $25 Dell eGift Card for $59.99 at Dell HomeIf you’re looking for affordable online storage that makes it easy to share your files with friends and co-workers, this is just about as good as it gets. • Alienware 25 1080p 240Hz Gaming Monitor for $349.99 at Dell HomeThis 25-inch monitor has an incredible refresh rate of 240Hz, a 1ms response time, FreeSync support, two HDMI 2.0 ports, a DisplayPort 1.2, and a 170-degree viewing angle for just $349.99 – $150 off the sticker price. • Dell 15.6″ Gamign Backpack for $29.99 at Dell HomeFor just 30 bucks, this backpack includes an EVA molded front shield, air channels to keep you comfy, and a weather resistant coating. Pretty impressive at this asking price. • Samsung 55-Inch 4K UN55MU8000F UHD TV for $899.99With a 3840×2160 native resolution, LED backlighting, a 120Hz effective refresh rate (240 Motion Rate), high dynamic range support, three USB ports, and four HDMI ports, this beefy 4K TV is enjoying a whopping 40% discount on the Dell online store. • LG 43-Inch 4K 43UJ6300 UHD TV for $329.99Want to jump on the 4K bandwagon, but don’t have a lot to spend? Check out this affordable 43-inch model from LG. Featuring in-plane switching, native 2160p support, HDR, TruMotion 120Hz, and three HDMI ports, this is a steal. • Xbox One X for $499.99Since this 4K-capable console from Microsoft just hit shelves, we don’t expect to see any discounts on the new hardware this shopping season. So if you really want one this year, you should place your order as soon as possible – don’t wait around.Note: Terms and conditions apply. Price, stock, and shipping dates may vary. See the Dell site for more information.Our commerce group sources the best deals and products for the Geek Deals posts. We operate independently of Editorial and Advertising and may earn a percentage of the sale, if you buy something via a link on the post. If you are interested in promoting your deals, please contact us at email@example.com.For more great Dell deals, head over to TechBargains.
Goalkeeper Rui Patricio has reportedly set in motion the process of cancelling his deal at Sporting Lisbon, reports SportsMoleThe 30-year-old has spent the past 18 years with the Green and Whites after coming through the youth system.Patricio is keen to begin a new challenge at this stage of his career and has reportedly attracted the interest in the newly-promoted Premier League side Wolverhampton Wanderers.Nuno Espírito Santo’s side were understood to have been close to concluding a deal with Patricio for a move this summer, before Sporting president Bruno de Carvalho increased the asking price for the goalkeeper from €2m to now €20m.Chelsea hat-trick hero Tammy Abraham hopes for more Andrew Smyth – September 14, 2019 Tammy Abraham hopes this season will be his big breakthrough at Chelsea after firing his first hat-trick for the club in Saturday’s 5-2 win at Wolves.Wolves are unwilling to pay such a high fee and it has left Patricio feeling increasingly unhappy at the club.The Portuguese is allegedly trying to end his contract with the club due to the fact that the first-team were recently subjected to an attack from supporters last month.But De Carvalho is expected to not react kindly to this act and the club fear that more players could follow Patricio’s stance if he is successful.
John Soderman, 00:00 00:00 spaceplay / pause qunload | stop ffullscreenshift + ←→slower / faster ↑↓volume mmute ←→seek . seek to previous 12… 6 seek to 10%, 20% … 60% XColor SettingsAaAaAaAaTextBackgroundOpacity SettingsTextOpaqueSemi-TransparentBackgroundSemi-TransparentOpaqueTransparentFont SettingsSize||TypeSerif MonospaceSerifSans Serif MonospaceSans SerifCasualCursiveSmallCapsResetSave SettingsSAN DIEGO (KUSI) — It may sound hard to believe, but a shockingly high number of local active duty military members are struggling to put food on the table for their families.According to the San Diego Food Bank, every month over 40,000 local active duty military members and their dependents seek food assistance from the Food Bank.One of the reasons these local members of the military are struggling to provide food for their families is because of the high cost of living in San Diego, a case of sticker shock, especially when they come here from states where things are not so expensive.The other reason includes high unemployment rates for the spouses of military members.The Food Bank says employers are often reluctant to hire the military spouses because they fear those spouses won’t be here for long because of military transfers.What’s worse is that the number of military personnel seeking food assistance continues to grow. Local active duty military families struggling to put food on the table Posted: September 9, 2018 Updated: 9:09 PM September 9, 2018 John Soderman Categories: Local San Diego News FacebookTwitter
Download AudioThe Alaska State Senate has passed a bill that would eliminate daylight saving time.Fighting over Alaska’s clocks has been a favorite pastime of legislators for decades. So when Sen. Anna MacKinnon, an Eagle River Republican, presented the bill on the floor, she went through the many, many failed attempts to rid Alaska of daylight saving time.“In the 21st Legislature, then-Rep. Kohring introduced a bill to repeal this. In the 22nd Legislature, Rep. Lancaster introduced a bill to repeal. In the 24th Legislature, Sen. Olson introduced a bill to repeal it,” MacKinnon said, rattling off a list of previous efforts before getting to her own.MacKinnon described her bill as a health and public safety issue, and said it could even help high schoolers bring up their SAT scores. She pointed to studies linking increased heart attack and suicide rates that come with the disorientation of time changes.“It’s frustration to some,” said MacKinnon. “But it’s a real health issue to others.”MacKinnon’s version would eliminate the need to adjust clocks twice a year. In the winter, Alaska would be four hours behind the East Coast, like it is now. But from March to November, Alaskans would be five hours behind, as other states spring forward. Her bill also includes a provision allowing Alaska to petition the United States Department of Transportation for a time zone change. If the federal government approves the request, all or part of Alaska could be moved to Pacific time.That language was added as a concession to Southeast, where area businesses have complained the bill would affect tourism revenue in Southeast by reducing the number of evening daylight hours in the summer.The concession was not enough. Sen. Bert Stedman, a Sitka Republican, called the legislation a “commerce-busting” bill.“This is just another nail, in fact it’s probably a stainless steel wood screw — in our economic coffin,” said Stedman.Under MacKinnon’s legislation, the sun would set at 9 pm in Southeast for the summer solstice, and then daylight would break around 2am. Representatives from the aviation industry have stated their flight numbers would have to be reduced, and the cruise industry has said the change would negatively affect their passengers. On a state level, Alaska would be farther behind the stock market’s opening bell, and NFL games would have earlier kickoff times during the first half of the season.Stedman was unconvinced the potential benefits outweighed the costs.“I might get a heart attack here debating this issue, but not from changing the time zone,” said Stedman.But for the most part, Southeast lawmakers were alone in their opposition. Some senators noted the northern part of the state will always have clock problems, as will the western part.Some senators, like Chugiak Republican Bill Stoltze simply thought the ritual of changing clocks was unnecessary and even “silly.”“If you can’t even make up a good answer why we’re doing it, it must be pretty stupid,” said Stoltze on the floor.The bill passed 16 to 4, with Stedman being joined in opposition by Juneau Democrat Dennis Egan, Anchorage Democrat Berta Gardner, and Anchorage Democrat Johnny Ellis. It will now be considered by the House.
The executive committee of the National Economic Council (ECNEC) on Thursday approved an additional allocation of Tk 14 billion for the Padma Multipurpose Bridge Project, news agency UNB reports.The approval came from an ECNEC meeting held at the NEC conference room with its chairperson and prime minister Sheikh Hasina in the chair.While briefing reporters after the meeting, planning minister AHM Mustafa Kamal said a proposal to allocate additional Tk 14 billion for the project was approved as it needs to acquire more land temporarily for 25 years for the river management at the bridge site.The cost of the project has been revised for several times.The cost of Padma bridge was estimated at Tk 101.61 billion on 28 August 2007 when the caretaker government approved the project.After coming to power in 2009, the Awami League government added a railway line to the project. In 2011, the project cost was revised to Tk 205.07 billion.In 2016, the project was revised upwardly to Tk 287.93 billion.The Padma Multipurpose Bridge Project (2nd revised) is being implemented as a fast-track project with an estimated cost of Tk 287.93 billion.The project is scheduled to be finished by December next.However, project experts have earlier told Prothom Alo that the 6.15 km multipurpose bridge is hardly likely to be completed within the stipulated time.Three out of five components of the project works — Janzira connecting road, Mawa connecting road and Service Area-2 — have already been completed, the minister said, adding that work on the main bridge construction and the river training is now underway.Read more : Padma bridge not in Dec, cost increases https://en.prothomalo.com/bangladesh/news/177182/Padma-bridge-not-in-Dec-cost-increases
South Korea’s President Moon Jae-in arrives at the National Cemetery in Seoul. Photo: AFPLeft-leaning former human rights lawyer Moon Jae-In began his five-year term as president of South Korea Wednesday, following a landslide election win after a corruption scandal felled the country’s last leader.Tuesday’s ballot was called after Park Geun-Hye was ousted and indicted for corruption, and took place against a backdrop of high tensions with the nuclear-armed North.Voters were galvanised by anger over the sprawling bribery and abuse-of-power controversy that brought down Park, which catalysed frustrations over jobs and slowing growth.Moon, of the Democratic Party, who backs engagement with the North, promised unity after final results from the National Election Commission (NEC) showed he took 41.1 percent of the vote—some 13.4 million ballots.Conservative Hong Joon-Pyo—who dubbed Moon a “pro-Pyongyang leftist” was far behind on 24.03 percent, with centrist Ahn Cheol-Soo third on 21.4 percent.Voter turnout was at its highest in 20 years, the Yonhap news agency reported. Moon’s inauguration ceremony was expected to take place at the National Assembly at midday (0300 GMT), the agency said, after the NEC confirmed the start of his mandate.The result was “a great victory of great people” who wanted to create “a country of justice… where rules and common sense prevail”, Moon told cheering supporters on Gwanghwamun Square in Seoul—where vast crowds gathered for candlelit protests over several months to demand Park’s removal.The graft scandal plunged the country into political turmoil and bitter division, but Moon promised healing, telling the crowd: “I will be president for all South Koreans.”On the square among the crowd, Koh Eun-Byul, 28, told AFP: “I am so happy because now there is hope for some meaningful change.”Washington, which remains Seoul’s most important ally and has a large security presence in the South, on Tuesday congratulated Moon on his landslide victory.“We look forward to working with president-elect Moon to continue to strengthen the alliance between the United States and the Republic of Korea and to deepen the enduring friendship and partnership between our two countries,” White House press secretary Sean Spicer said in a statement.Tokyo, which has strained relations with its neighbour over issues including territory and Japan’s wartime sex slavery, also congratulated Moon.Prime Minister Shinzo Abe said he looked forward to meeting the new leader, adding: “Japan and South Korea are facing common challenges in East Asia, led by responses to the North Korean issue.“I believe the two countries can further contribute to peace and prosperity of the region by working together.”The campaign focused largely on the economy, with North Korea less prominent. But after a decade of conservative rule Moon’s victory could mean significant change in Seoul’s approach towards both Pyongyang and key ally Washington.The 64-year-old—accused by his critics of being soft on the North—advocates dialogue to ease tensions and to bring it to negotiations. He is seen as favouring more independence in relations with the US, Seoul’s security guarantor with 28,500 troops in the country.Their presence, he told reporters during the campaign, was “important not only to our own security but also to the global strategy of the US”.The North has carried out two nuclear tests and a series of missile launches since the start of last year in its quest to develop a missile capable of delivering a nuclear warhead to the US mainland.Washington has said military action is an option, sending fears of conflict spiralling.Acute divisionSouth Korea’s rapid growth from the 1970s to 1990s pulled a war-ravaged nation out of poverty but slowed as the economy matured, and unemployment among under-30s is now at a record 10 percent.Frustration over widening inequality in wealth and opportunities fuelled anger over Park’s scandal, which exposed the cosy and corrupt ties between regulators and powerful family-oriented conglomerates, known as chaebols, that have endured for decades.Park is in custody awaiting trial over corruption for offering governmental favours to top businessmen—including Samsung heir Lee Jae-Yong—who allegedly bribed her secret confidante, Choi Soon-Sil.
Releasing a demo of a game has gone through a number of changes over the years. It used to be the case you’d just release a demo to get gamers interested before release. But then retailers started charging for them with the gamer getting the money back as a discount on the full game purchase. Magazines got exclusive demos so you’d buy the mag to play. Then we moved to demos appearing after a game’s release and as downloads with time delays between different platforms.Capcom has decided to go one step further with the limits put on a demo for the 3DS game Monster Hunter 3G, due out next month in its home territory. Rather than just limiting gameplay to a specific location or in-game time limit, the publisher/developer has also included a self-destruct feature.The demo has around 20 minutes of gameplay in the form of two quests. If you like it, you can replay the demo until the game comes out on December 10 in Japan, or until you have enough cash for a purchase. However, your replays have been limited too. After 30 starts/loads, the demo stops working.There’s no explanation as to why Capcom has decided to do this. Is it worried gamers will think one quest is enough to satiate their need for Monster Hunter gameplay? It seems unlikely, but I can’t think of another explanation for stopping a demo being played.The demo is a 169MB download and Capcom also state that they might decide to terminate access to it without warning. So even if you haven’t used up your 30 loads, the demo may just disappear.via Kotaku and Capcom (translated)