Going green low on agenda

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Pandemic could push 115m into extreme poverty in 2020: World Bank

first_img“The pandemic and global recession may cause over 1.4 percent of the world’s population to fall into extreme poverty,” World Bank President David Malpass said in a statement.If the pandemic had not struck, the global extreme poverty rate was expected to fall to 7.9 percent, but now could climb as high as 9.4 percent, the bank said in its flagship report.World Bank economists say the dire estimates for new victims of poverty this year, which range from 88 million to 115 million, depend on the outlook for the global economy, which the Washington-based crisis lender estimates range from a contraction of five percent to eight percent in the worst case scenario.That would erode years of success in reducing extreme poverty, and the authors warn create “poverty hotspots” in areas that face a double-hit from economic crisis and conflict: more than 40 percent of the poor live in conflict-affected areas. As many as 115 million people could be pushed into extreme poverty this year due to the economic downturn caused by the coronavirus pandemic, the World Bank warned Wednesday.That is a devastating reversal after decades of progress, and higher than the bank previously estimated, even as recently as August, when the worst case was put at 100 million. And the bank’s new report estimates that by 2021, 150 million could be living below the extreme poverty threshold of less than US$1.90 a day. The research also finds a rising share of those living in extreme poverty are in urban areas, which threatens to overwhelm existing support programs that are designed for rural populations.A distant goalInstead of achieving the goal of eradicating poverty by 2030, the convergence of the COVID-19 pandemic with the pressures of conflict and climate change will put the goal “beyond reach without swift, significant and substantial policy action,” the World Bank said, warning that the global poverty rate could be about seven percent in the next decade.”In order to reverse this serious setback to development progress and poverty reduction, countries will need to prepare for a different economy post-COVID, by allowing capital, labor, skills, and innovation to move into new businesses and sectors,” Malpass said.The bank said the policy response must be commensurate with the severity of the crisis, including modernizing education and online learning and deploying new technology to expand the reach of social protection programs.”Failure to act comprehensively and urgently will create even bigger challenges in the future,” the authors warned.Looking at a broader definition of poverty, the report found that close to a quarter of the world’s population lives below the $3.20 line and more than 40 percent – almost 3.3 billion people – live below the $5.50 line.Sub-Saharan Africa remains the epicenter of the problem, and could see an additional 40 million people fall into extreme poverty this year, and move closer to 500 million next year, according to the report.And climate change will drive 68 million to 135 million into poverty by 2030, with Sub-Saharan Africa again the most vulnerable.Latin America could see an increase of five million in the worst case scenario, and East Asia an additional nine million. The report does not include estimates for South Asia given the lack of data from India.Topics :last_img read more

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Martin Keown slams Shkodran Mustafi after woeful Arsenal performance against Crystal Palace

first_imgAdvertisement Advertisement Metro Sport ReporterSunday 21 Apr 2019 11:50 pmShare this article via facebookShare this article via twitterShare this article via messengerShare this with Share this article via emailShare this article via flipboardCopy link14Shares Shkodran Mustafi was at fault for all three goals Arsenal conceded against Crystal Palace (Picture: Getty)Martin Keown believes Shkodran Mustafi was at fault for all three goals Arsenal conceded in their shock 3-2 defeat against Crystal Palace.After keeping six clean sheets in their last seven matches, Mustafi’s presence in the starting XI heralded the return of familiar defensive failings which blew the race for the top four wide open.Christian Benteke was given the freedom of the penalty area to head home his first goal in a year, while Mustafi was guilty of switching off and allowing Wilfried Zaha a clear run on goal shortly after Mesut Ozil’s trademark finish had put Arsenal level.AdvertisementAdvertisementAnd to compound a woeful performance, the Germany international was guilty of being attracted to the ball and losing James McArthur for what would turn out to be the game’s decisive goal.ADVERTISEMENTMore: FootballRio Ferdinand urges Ole Gunnar Solskjaer to drop Manchester United starChelsea defender Fikayo Tomori reveals why he made U-turn over transfer deadline day moveMikel Arteta rates Thomas Partey’s chances of making his Arsenal debut vs Man CityCommenting on Mustafi’s defending, former Arsenal star Keown said: ‘The first goal was just a simple free kick. All they are guilty of is dropping a bit too soon with Jenkinson going just too soon and him being a new player it catches them. But Mustafi loses Benteke who is his man.‘For the second goal there’s no embarrassment to lose a ball against Benteke in the air. Mustafi’s in a good position and he just needs to drop off and deal with hit but he tries to outstrength Zaha. Martin Keown slams Shkodran Mustafi after woeful Arsenal performance against Crystal Palace Wilfried Zaha scored Crystal Palace’s second goal against Arsenal (Picture: Getty)‘He’s calling on his goalkeeper to come but there’s no pace on the ball. There needs to be better decision making, it’s costing his team. It’s avoidable. These are key moments.‘The corner they concede from. Mustafi, I’m coming for him again, McArthur is his man, do your job when everyone is attacking the ball and stay with him.‘Scott Dann flicks the ball on, Mustafi has lost his man and it’s an easy header for McArthur.’More: Arsenal FCArsenal flop Denis Suarez delivers verdict on Thomas Partey and Lucas Torreira movesThomas Partey debut? Ian Wright picks his Arsenal starting XI vs Manchester CityArsene Wenger explains why Mikel Arteta is ‘lucky’ to be managing Arsenal Commentlast_img read more

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EIOPA seeks info on sustainability risks in Solvency II world

first_imgThe European Insurance and Occupational Pensions Authority (EIOPA) is seeking information from insurers about the integration of sustainability risks in investment and underwriting practices.“With this call for evidence EIOPA will analyse how sustainability risks affect (re)insurers’ investments, with particular focus on climate change and collect market practices on insurance underwriting,” the supervisory authority said.The information-gathering exercise comes after the European Commission asked EIOPA to “provide an opinion” on Solvency II and sustainability, focusing on climate change mitigation.EIOPA said the Commission had asked it to assess whether Solvency II presented “any inherent incentives and/or disincentives to sustainable investment, including but not limited to investments in unrated bonds and loans, unlisted equity and real estate”. The “call for evidence” closes at midnight Central European time on 8 March. EIOPA said national supervisors would help the exercise by collecting information from relevant individual institutions within their jurisdictions.Based on the collected evidence and analysis EIOPA would then prepare a draft option for consultation during the second half of this year, for submission to the Commission in the third quarter.The supervisory agency also has a 30 April deadline to provide “technical advice” to the Commission on potential amendments or the introduction of delegated acts under Solvency II with regard to the “integration of sustainability risks and factors”. A consultation on its draft advice closes at the end of January.These steps are part of the implementation of the Commission’s sustainable finance action plan.In developing the technical device in relation to Solvency II, EIOPA was asked to bear in mind that a delegated act could be adopted under IORP II. This has been resisted by pension funds, and will be discussed during negotiations between the European Parliament and the EU Council, which adopted different positions on the matter.EIOPA also has a sustainable finance action plan, which it said aimed “to co-ordinate different projects with the aim of ensuring that insurers and pension funds operate in a sustainable manner” by:managing and mitigating environmental, social and corporate governance risks appropriately;reflecting preferences of policyholders and pension scheme members for sustainable investments; andadopting a sustainable approach to their investments and other activities. EIOPA’s call for evidence in relation to sustainability risks and Solvency II can be found here.last_img read more

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USDA launches website to highlight opioid resources

first_imgWashington D.C. — Assistant to the Secretary for Rural Development Anne Hazlett today unveiled a new webpage featuring resources to help rural communities respond to the opioid crisis.“While no corner of the country has gone untouched by the opioid crisis, small towns and rural places have been particularly hard hit,” Hazlett said. “The challenge of opioid misuse is an issue of rural prosperity and will take all hands on deck to address. The webpage we are launching today will help rural leaders build a response that is tailored to meet the needs of their community.”The National Center for Health Statistics estimates that more than 63,000 Americans died from drug overdoses in 2016. More than half of those deaths involved opioids, including prescription drugs and heroin.USDA is playing an important role to help rural communities address this national problem at the local level through program investment, strategic partnerships and best practice implementation.In April 2017, President Donald J. Trump established the Interagency Task Force on Agriculture and Rural Prosperity to identify legislative, regulatory and policy changes that could promote agriculture and prosperity in rural communities. In January 2018, Secretary Perdue presented the Task Force’s findings to President Trump, which included 31 recommendations to align the federal government with state, local and tribal governments to take advantage of opportunities that exist in rural America.In the area of quality of life, the Task Force included a recommendation to modernize health care access. The report highlighted the importance of telemedicine in enhancing access to primary care and specialty providers. The Task Force also found that improved access to mental and behavioral health care, particularly prevention, treatment and recovery resources, is vital to addressing the opioid crisis and other substance misuse in rural communities.last_img read more

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Ripley County commissioners consider zoning change to help Sunman residents

first_imgVersailles, In. — As Sunman area residents protest the proposed MGPI of Indiana barrel aging operation, Ripley County commissioners are taking legislative action but it might be too late. MGPI of Indiana plans to age up to 300,000 barrels to age in two warehouses.Concerns center around mold that is fueled by ethanol or the “angels share” that escapes during the maturation process. The mold, Baudoinia compniacensis, can grow in any temperature and is known to coat the surfaces of houses, cars and signs near barrel aging facilities.Commissioners are considering changes to the zoning ordinance, but that action could too late since the building has been purchased and officials at IDEM are already reviewing the permit application. If the plan is grandfathered in after zoning changes are made, a long legal battle could result.Sunman residents recently packed the town hall to demand answers from town council members, but have turned to commissioners after town elected officials expressed little concern amidst a sea of opposition.The Indiana Department of Environmental Management will hold a public meeting February 28 in the Milan High School at 5:30 p.m.last_img read more

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Hillary Clinton has a New Gig

first_img(Belfast, Northern Ireland) — Former Secretary of State Hillary Clinton has a new job. She’s been appointed the first female chancellor at Queen’s University in Northern Ireland. Clinton, a former first lady and New York senator, received an honorary doctorate from the University in 2018. She won’t be paid for the job, which is largely ceremonial, and won’t have to relocate to Belfast so technically she can still jump into the 2020 presidential race if the Democrats need her.Her primary duties will include handing out degrees, advising senior management and serving as an ambassador to help open doors for Queen’s University.Stephen Prenter, chair of the university’s Senate, heaped praise on Clinton, who received an honorary doctorate from Queen’s University in October 2018.“I am delighted that Queen’s has chosen Hillary Clinton to be its new Chancellor. Secretary Clinton has made a considerable contribution to Northern Ireland and as an internationally recognized leader will be an incredible advocate for Queen’s and an inspirational role model for the Queen’s community,” he gushed.In a statement, Clinton, who will not be paid for the job, praised the university.“It is a great privilege to become the Chancellor of Queen’s University, a place I have great fondness for and have grown a strong relationship with over the years,” she said.“The University is making waves internationally for its research and impact and I am proud to be an ambassador and help grow its reputation for excellence.”Clinton will serve as the university’s 11th chancellor, which is largely a ceremonial role, for a five-year term.The chancellor, according to the university, attends graduations, advises staff and helps to “open doors” for the university as it seeks to fulfill its mission.last_img read more

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ICC World Cup ICC World Cup 2019: Australia vs Pakistan Dream11 Prediction, Fantasy Playing XI

first_img For all the Latest Sports News News, ICC World Cup News, Download News Nation Android and iOS Mobile Apps. New Delhi: In the 17th encounter of the ICC World Cup 2019, defending champions Australia to lock horns with Pakistan at The Cooper Associates County Ground in Taunton. Both the teams are considered as tough competitor for the title and the contest is expected to be an exciting one for the cricket buffs.On one hand, five-time world champs Australia has played three matches as of now and has won two out of three games. On the other hand, Pakistan has played two games and tasted both a win and a defeat while their third match against Sri Lanka got washed out and the teams shared one point each. Talking statistically, Australia and Pakistan has faced each other nine times in the World Cup where Aussies has managed to win five games while the 1992 world champs has won on four occasions.Here, we have listed down Dream11 team for the upcoming game: Wicket-Keepers – Alex Carey, Sarfaraz AhmedBatsmen – David Warner (C), Aaron Finch, Babar Azam, Imam-ul-haqAll-Rounders – Glenn Maxwell, Mark StoinisBowlers – Mitchell Starc (VC), Pat Cummins, Mohammed Amir last_img read more

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MLAX : Syracuse looks to get back on track offensively against Providence after subpar performances

first_img Comments Facebook Twitter Google+ Published on March 20, 2012 at 12:00 pmcenter_img John Desko has preached to his players all weeklong about taking advantage of their opportunities in the attacking zone when they get them.Against a stingy Providence team – one that likes to extend its possessions to excruciating lengths – that message resonates with Syracuse’s offense even more.‘We’ve just got to start finishing most of our opportunities,’ Syracuse attack Derek Maltz said. ‘Coach is really stressing to be very smart with the ball on the offensive side, capitalizing on our chances, and that’ll definitely come.’The Syracuse (3-2, 1-0 Big East) offense will look to bounce back from two stagnant performances when it faces Providence (1-3, 0-1) in the Carrier Dome at 7 p.m. Wednesday. The Orange attack has struggled to turn in complete performances in its last two games against St. John’s and Johns Hopkins, but a game against the Friars’ signature approach may be what SU needs to get back on track.Against St. John’s on March 10, SU paid the price for a rapid pace early on. The Orange committed several costly turnovers in transition, allowing the Red Storm to take a 4-3 lead into halftime. Syracuse rallied, but its careless play pushed the Orange to the brink of defeat.AdvertisementThis is placeholder textMidfielder Bobby Eilers said that in a dogfight against Providence, Syracuse will need to alter its approach to ensure it gets good looks at the net. That means controlling possession time, working the ball around the outside and extending the defense, especially when the Friars switch to a zone scheme.Syracuse will also need to try and limit turnovers by not forcing shots, Eilers said.‘You can’t be giving it to the defense all day. Then they’re going to be dog-tired at the end of the day,’ Eilers said. ‘… We’ll take another shot, a better shot, and that’s not going to go right back to the Providence offense and hurt our defense.’In the last two meetings between SU and Providence, the Friars have gone to extreme lengths to dictate the tempo of the game. In each game, the Providence attack held the ball for up to five minutes at a time to keep the Orange attack at bay.And last season it seemed to work. The teams were even after one quarter. With that sluggish pace, the Friars trailed by just one goal after 30 minutes.‘One of the big things is to not get frustrated,’ SU defender Brian Megill said. ‘Play within yourself and let them make the mistakes and let us capitalize on them.’With Providence intent on slowing the game down to great lengths, a more disciplined approach on offense could be what the Orange’s scorers need to wake up from its recent slump.‘In today’s game, a lot of the teams are going to be stalling the ball against us, being very smart on their side trying to control the tempo,’ Maltz said, ‘and like I said, we’re just trying to work every day to get better, but it’s tough when you’ve got to practice really controlling the tempo. But we’re going to keep doing whatever to win.’Eilers said Syracuse is not going to allow Providence to dictate the speed of play like it has in past games. SU has allowed the first goal in four of its five games this season, and with an early deficit the Orange attack has forced the issue.That hasty decision-making after an early deficit in games has impeded the Orange’s attack at points this season. But on Wednesday, when the tempo will be crucial, the SU attack hopes to strike first and carry that momentum forward.‘We want the first goal, we want the second, third and fourth,’ Eilers said. ‘We’ve been getting dictated by other teams throughout all our games this season. They’re scoring first, and they’re making us dig out of a hole. So we want Providence to dig out of a hole, and scoring the first goal is the key to gaining momentum.’adtredin@syr.edulast_img read more

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USC Marshall alumna creates scholarship for women over 30

first_imgGraphic by Steven Kramer | Daily TrojanWhen Marilyn Beaudry-Corbett attended the Marshall School of Business as an undergraduate student in the early 1950s, she was one of the few women at the school. But she didn’t let that stop her. She went on to enroll in the Harvard-Radcliffe program in Business Administration, and later returned to Marshall for her master’s in industrial sociology. Eventually, she became the chief operating officer for market research firm Audience Studies, Inc., according to Marshall’s website. Although women entering business face different challenges today than they did when Beaudry-Corbett was a student, these difficulties still exist — and Beaudry-Corbett’s $4 million donation to the Marshall School of Business hopes to combat that problem, by providing scholarships for female MBA students 30 and older, according to Trojan Family Magazine. “Marilyn Beaudry-Corbett’s extremely generous donation is visionary and courageous,” Marshall Dean James Ellis told Marshall News. “She understands firsthand the challenges women still face in advancing their business careers. Her investment helps level the playing field by offering [women] access to a critical educational opportunity.”U.S. News reported that 36.8 percent of full-time master’s students are women, and at USC, 32 percent of the Marshall MBA program’s 2017 entering class was made up of women, according to Marshall’s website. Women also face gender gaps in corporate leadership — only one in five executives is a woman, and 60 percent of firms have no women on their board, according to a 2016 article from The Economist. “Marilyn’s gift is particularly significant given the events she lived through as a single, professional woman in an era when women weren’t necessarily allowed to be either,” Anne Ziemniak, the director of the Marshall MBA program, told Marshall News. “Despite those challenges, she went on to became very successful, and with her gift, she is in essence paying it forward to the next generation of women business leaders.”Despite enjoying success in her corporate career, she decided to change course about 10 years later, and developed an interest in archaeology, according to UCLA Newsroom. She earned a master’s degree and doctorate in archaeology, from UCLA, where she later became a professor.Like with business, pursuing a career in archaeology presented challenges for Beaudry-Corbett. According to UCLA Newsroom, the advisors she spoke to initially discouraged her because she lacked academic credentials for the career path.last_img read more

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