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The rupiah has reached its strongest level since mid-March, appreciating nearly 3 percent on Thursday against the United States dollar amid hopes that a vaccine for COVID-19 is developed and central banks’ pledges to hold interest rates to support battered economies.Indonesia’s currency stood at Rp 14,881, appreciating 2.7 percent against the greenback at 4:46 p.m. Jakarta time to emerge from this year’s low of Rp 16,625 amid global recession risks. The rupiah once depreciated by as much as 18 percent this year before appreciating to the current level.Bank Indonesia’s (BI) Jakarta Interbank Spot Dollar Rate (JISDOR) showed the currency strengthening to Rp 15,157 per dollar from Rp 15,415 on Wednesday. On the same day, Fed officials said in a unanimous statement that it “will use its tools and act as appropriate to support the economy” and pledged to keep the interest rate near zero until the US economy returns to normal.Perry said further appreciation of the rupiah would be supported by this year’s lower current account deficit (CAD). The central bank expects the first quarter CAD to be below 1.5 percent and stay below 2 percent throughout the year, down from BI’s earlier projection of 2.5 to 3 percent.Furthermore, a yield differential in government debt papers between Indonesia and other countries was still attractive for foreign investors, Perry said.“This will attract capital inflow into Indonesia,” he added.By early May, BI will have injected a total of Rp 503.8 trillion in additional liquidity into the financial system to help cushion the economic impact of the pandemic and strengthen the rupiah as part of its quantitative easing measures. This includes BI’s bond buying worth Rp 166.2 trillion from foreign investors in the secondary market.The Jakarta Composite Index (JCI) jumped Thursday by 3.26 percent, led by blue chip stocks such as those of state-owned Bank Mandiri, energy company PT Medco Energi and state-owned toll operator PT Jasa Marga. Foreign investors bought around Rp 431 billion (US$28.7 million) worth of stocks more than they sold.As of April 23, however, foreign investors had sold Rp 159.6 trillion worth of Indonesian assets including bonds, stocks and BI certificates, according to Finance Ministry data.The government had successfully raised Rp 221.4 trillion from government bonds by the end of March. This is in addition to a $4.3 billion dollar-denominated bond sales in the US and Rp 11.38 trillion in bond sales at a greenshoe option bond auction on Wednesday, among other debt papers.It would sell Rp 856.8 trillion worth of bonds in the second quarter through to the end of the year to cover its widening budget deficit, Finance Minister Sri Mulyani Indrawati said.The country’s financial markets have started to recover since a slump in March as foreign investors sold Indonesian assets over fears of COVID-19.Topics : “We decided to hold [the interest rate] in the near term to prioritize maintaining the currency level,” BI Governor Perry Warjiyo told the House of Representatives Commission XI overseeing financial affairs on Thursday. “We are confident that the rupiah will further strengthen.”The central bank decided to hold its benchmark interest rate this month at 4.5 percent after a 50 basis points (bps) cut in total in February and March.“The rupiah appreciation is related to the US Federal Reserve’s policy on Wednesday to hold its interest rate at the zero percent to 0.25 percent range,” Bank Permata economist Josua Pardede told The Jakarta Post on Thursday. “In addition, biotechnology company Gilead said the development of its proposed COVID-19 vaccine was running well and that the drug was proven to cure at least 50 percent of the patients [who tested it].”A top US infectious diseases official said Gilead Sciences’ experimental antiviral drug remdesivir would become the standard of care for COVID-19 after early clinical trials showed it helped patients recover more quickly from the illness, Reuters reported on Wednesday.
The European Insurance and Occupational Pensions Authority’s (EIOPA) 2016 work programme has confirmed the authority will by the end of March deliver its own initiative advice on solvency for IORPs and the use of the holistic balance sheet (HBS).The advice constitutes a “product” that falls under the second of five strategic objectives for the authority, namely “to lead the development of sound and prudent regulations supporting the EU internal market”.The work falls under the operational activity heading of “occupational pensions regulation”, identified as high priority.This means it is a legal requirement that must be delivered this year and is “strategically aligned”. The authority lists two other products for delivery in this context alongside the advice on solvency and the use of the HBS.The first is “advice on IORP II: key input, on information to members and beneficiaries, and risk evaluation for pensions”.There is no fixed due date for this, with delivery instead being “contingent on demand”.The other product is “improvements to pensions data including via the Market Developments Report”, with a deadline of the fourth quarter of this year.EIOPA’s work on occupational pensions “will be maintained with existing resourcing levels in 2016”, it said.The work programme also has EIOPA delivering to the European Commission its advice on a single market for personal pensions.Earlier this month, EIOPA launched a consultation on its final advice on the development of a so-called 2nd regime for pan-European personal pension products (PEPPs). This year, EIOPA added a fifth objective to its work programme, which, unlike the others, is not based on the tasks and responsibilities the authority has been mandated in its regulation.The fifth objective was added to reflect that “EIOPA’s operational success is dependent on its reputation as a capable, well managed and credible organisation”, according to the authority.The objective is for EIOPA to act as a “modern, competent and professional organisation, with effective governance arrangements, efficient processes and a positive reputation”.No decision on carbon-asset risk in stress testsMeanwhile, a spokesperson at EIOPA told IPE it was too early to know whether carbon-asset risk would be included in the next stress tests on European occupational pension funds.In a report published last week, the European Systemic Risk Board (ESRB) examined the potential risk of a late low-carbon transition and proposed that future stress testing of the financial sector by the European Supervisory Authorities (ESAs) incorporate the risk of a “hard landing” scenario.EIOPA is one of three ESAs and, as noted by the EIOPA spokesperson, is represented at the ESRB, as the ESRB is at EIOPA.“Market-adverse scenarios for both insurance and pensions’ stress tests conducted by EIOPA are developed in close cooperation with the ESRB,” said the spokesperson.“The shocks against which the insurers’ in 2016 and IORPs’ balance sheets in 2017 will be stressed are not yet known.”The final decision will be taken by EIOPA’s board of supervisory shortly before the stress tests are launched.For the insurance sector, this will be in May 2016, while the timeline for the pensions sector stress test will be released in early 2017.,WebsitesWe are not responsible for the content of external sitesLink to EIOPA 2016 Work Programme
“The downside of consolidation is that the market becomes so bland and low cost that the products being provided to members end up not being any good,” said Sarah Smart, chair of the trustee board at TPT Retirement Solutions. “That it’s only big bland vanilla products that members get – and that’s not what the intention was at all.“The intention was to enable the economies of scale to happen and allow the market to be broad enough to be able to distinguish between [the individual schemes].”The DWP has estimated that the number of master trusts could fall over the next few months from the 81 registered by TPR in January to 56 post-authorisation.#*#*Show Fullscreen*#*# Source: Department for Work and PensionsHow the DWP sees the UK master trust market developingMembership of master trusts has grown by 42% over the past year to almost 10m members, according to data from TPR. Assets have doubled since 2010 to more than £10bn (€11.4bn).Over the past few years, several smaller schemes have been acquired by larger providers.Last month, Salvus Master Trust boosted its assets to more than £100m through consolidation with the £7m Complete Master Trust.In 2016, the trustees of My Workplace Pension moved the scheme’s assets to Smart Pension, and BlueSky Pensions UK swooped on the separate Wessex Pension and Pensions Umbrella trusts.Master trusts have grown in popularity following the launch of auto-enrolment for all UK employees. In effect, each master trust acts as an umbrella structure for many different occupational DC schemes, with each employer gaining its own division within the overall plan.As there is only one overall trustee board, responsibilities such as governance are ceded to the master arrangement.“With the rapid growth in the master trust sector as a result of automatic enrolment, the Pensions Regulator’s new authorisation regime is essential to safeguard savers,” said Tim Gosling, DC policy lead at the Pensions and Lifetime Savings Association, the UK trade body.“The requirements for authorisation have been created to challenge the sector and there will likely be consolidation of the market as a result. Some schemes are looking to grow by acquisition and we anticipate that these ones will take most schemes wishing to exit the market.”However, Gosling said there were “residual concerns” over the possibility of a small number of schemes exiting the market “in difficulty”.“We anticipate that TPR will be monitoring these schemes closely in the run up to 1 October,” he added. A spokesperson for TPR said there was no target as such for the number of schemes that should be in the market.“Inevitably there will be some market consolidation as some schemes will chose not to or be unable to meet those standards and wind-up, so the number of master trusts schemes operating in the market will reduce,” the spokesperson said. “We have already seen some schemes leave the market and we expect that more will go.” The ongoing consolidation of UK master trusts could lead to “big bland vanilla products” for members, flying in the face of the government’s aim for the best and most effective schemes to survive authorisation at the start of October, industry experts have warned.The sector faces a shake-up in advance of the need for master trusts – multi-employer defined contribution (DC) schemes – to seek authorisation from the Pensions Regulator (TPR) from 1 October 2018.The UK’s Department for Work and Pensions (DWP) estimates that as many as 17 schemes might not seek TPR approval.While the process of mergers and acquisitions might be broadly positive for larger schemes, keen to achieve economies of scale, experts have warned that members’ interests might be left behind.
Manny Sevillano circled this date on the schedule. Before the season began, before the Syracuse men’s soccer team had even stepped out onto the field in 2010, he targeted Wednesday’s matchup with St. John’s as one he desperately wanted to win. ‘St. John’s is one of those teams,’ Sevillano, the SU senior midfielder, said. ‘When we step back and look at our schedule, this is one of those teams that we really, really want to beat.’ No one on the current Orange roster has experienced what it feels like to beat the Red Storm. In fact, no Syracuse player from this decade knows the feeling. It’s hasn’t been since 1996 that SU has come away with three points against St. John’s, when it defeated its in-state rival 2-0 at home. It was one of only two losses that season for the Red Storm, which went on to win the national championship. ‘On a soccer scene, they’ve really been the team to beat,’ SU head coach Ian McIntyre said. ‘They’re our benchmark. And we know we have a lot of work and a long way to go to try and replicate some of the respect that the St. John’s program has had.’AdvertisementThis is placeholder text But perhaps Wednesday night will be different from the past 14 years. The Orange (2-5-4, 0-1-2 Big East) is coming off arguably its two best performances of the season in a win over then-No. 24 Colgate and a tie against DePaul. On the other hand, St. John’s (6-5-0, 0-3-0 Big East) has lost three straight and four of its last five games. Wednesday’s game provides Syracuse with an opportunity to turn the tables in this 28-year rivalry. The Orange has a chance to steal three points against a struggling St. John’s team and make a statement against a program that is widely considered the class of the conference. The Red Storm’s downfall came after it began the season 5-1. A preseason Top 25 team, St. John’s ascended to as high as No. 12 in the national polls after posting four shutout wins in its first six games. Since that start, it has lost all three of its Big East games to Cincinnati, Notre Dame and No. 2 Louisville. The Red Storm also lost to No. 15 Brown. One-third of the way through the conference schedule, St. John’s is still without a point in the Red Division. ‘Do I foresee St. John’s being down there at the end of the season? Absolutely not,’ McIntyre said. ‘They’re a quality program and one that most of us have penciled in for the playoffs. But if we can keep them down there for a little bit longer, we’ll certainly be trying to do that.’ If the Orange is successful in keeping St. John’s down in the standings, it will be a monumental win. Since 1990, the Red Storm has had seven Big East tournament titles and four Big East regular season titles and has won fewer than 10 games just twice. The rivalry between the two schools dates back to 1982, with the Red Storm dominating with a 17-7-5 record against SU. They’ve scored nearly twice as many goals as the Orange in that stretch. And just because St. John’s is in a bit of a slump right now, it doesn’t mean it isn’t a Top 25 caliber team, SU midfielder Geoff Lytle said. ‘Rankings always change,’ he said. ‘They’re always fluctuating, so if a team isn’t ranked, it doesn’t mean they aren’t better than a ranked team. So you can’t approach it differently.’ The Orange needs to approach Wednesday night’s game with the same level of intensity it had against Colgate and DePaul. For the first time all season, SU put together back-to-back games in which it avoided conceding the first goal to its opponent. Now that level of concentration and commitment has to be taken on the road. The Red Storm’s Belson Stadium is one of the more difficult venues at which to play, McIntyre said, and he will find out a lot about his team based on its performance in this game. ‘Playing well at home against DePaul is a good step forward for us,’ McIntyre said. ‘But ultimately trying to play the same kind of quality soccer at Belson Stadium will be a real kind of test for us. ‘We understand that we’ve got our hands full.’ Mjcohe02@syr.edu Facebook Twitter Google+ Comments Published on October 11, 2010 at 12:00 pm Contact Michael: firstname.lastname@example.org | @Michael_Cohen13
After dropping the first game of a doubleheader to Syracuse 3-2, the Orange earned a 5-3 victory in extra innings in game two in Chicago.DePaul (28-18, 9-7 Big East) got off to a fast start against the Orange (35-12, 12-4) in game one against SU starting pitcher Jenna Caira. Caira allowed two runs in the second inning to jump out to a quick 2-0 lead.And the Blue Demons didn’t stop there. Caira’s counterpart, DePaul pitcher Kirsten Verdun, doubled down the line to drive in a run to help her own cause and put DePaul up 3-0. Meanwhile, Verdun baffled the SU hitters throughout the game.The Syracuse lineup finally woke up when it rallied in the fifth. Emily Thompson scored on a misplayed fly ball to right field off the bat of Carey-Leigh Thomas. Julie Wambold then scored on a base hit from Leah Porter, but the offense stalled from there and SU couldn’t find a way to tie the game in its last two innings.DePaul jumped out to an early 2-1 lead in the second game, but Veronica Grant’s two-run home run in the seventh inning gave the Orange the lead. DePaul tied it in the bottom half, leading to extra innings.AdvertisementThis is placeholder textIn the ninth inning, senior second baseman Stephanie Watts launched a two-run shot to give SU the lead again. And this time, SU held off the Blue Demons in the bottom half of the inning.Caira picked up the win, going five innings in relief after pitching a complete game in the front end of the doubleheader.The Orange takes on Connecticut in a three-game set this weekend in Storrs, Conn.-Compiled by David Propper, staff writer, email@example.com Published on April 25, 2012 at 12:00 pm Facebook Twitter Google+ Comments
Published on June 22, 2017 at 10:10 pm Contact Charlie: firstname.lastname@example.org | @charliedisturco The Utah Jazz selected Tyler Lydon with the No. 24 pick on Thursday night at the 2017 NBA Draft. His rights have been reportedly traded to the Denver Nuggets.The former Syracuse standout averaged 13.2 points and 8.6 rebounds per game this season before declaring for the NBA Draft with two years of eligibility remaining. Lydon garnered attention from scouts during his freshman season after three straight double-digit scoring performances at the Battle 4 Atlantis tournament. There, Syracuse upset then-No. 18 Connecticut and then-No. 25 Texas A&M.After that, Lydon wriggled regularly into SU head coach Jim Boeheim’s starting rotation. He scored 14 points and snared seven rebounds in back-to-back NCAA Tournament wins in 2016, though he struggled in the team’s Final Four loss to North Carolina with just eight points on 3-of-9 shooting.After Syracuse graduated Michael Gbinije and Trevor Cooney, and Malachi Richardson entered the NBA Draft after his freshman season, the sophomore Lydon was expected to breakout as the team’s leader. The offense was set to run through the 6-foot-9 forward. And while he improved his scoring to 13.2 points per game, a three-point jump from the season before, Lydon struggled with consistency. Syracuse then missed the NCAA Tournament with a mostly AWOL Lydon, who did only grabbed double-digit rebounds twice in Syracuse’s last 20 games, or made more than four baskets from the floor in two of SU’s last seven.But Lydon showed signs of NBA talent throughout his sophomore campaign. Lydon shot 39.5 percent from 3, a sweet stroke that allowed SU to space the floor, which is a big plus in the NBA as teams ever-increasingly rely on 3s. Yet he was the fourth stretch four selected in the first round, after the Minnesota Timberwolves, Milwaukee Bucks and Indiana Pacers passed on Lydon, taking Lauri Markkanen (No. 7), D.J. Wilson (No. 17) and TJ Leaf (No. 18), respectively.AdvertisementThis is placeholder textLydon played three different positions at Syracuse but will likely be used as a stretch four in the NBA. But by moving down to play center or on the wing as a three helped Lydon develop a solid defensive game. He was one of five players in the Atlantic Coast Conference to average both a block and a steal per game in 2017.Lydon’s selection marks the sixth straight year a Syracuse player has been selected and nine out of the last 10 years in which SU has produced a first-round pick. The last time Boeheim didn’t send a player to the NBA was 2011. Comments Facebook Twitter Google+
“That’s all. It was just a suggestion. I couldn’t let go without leaving that in Rob’s ear. Hey listen, Jason Witten did it. Witten [is] another Hall of Fame tight end; he took the year off and decided to come back.”So what will Gronkowski do with his newfound free time?”Nothing,” Rosenhaus said. “A lot of fun. A lot of rest. Good times. Relaxation. Partying. Being himself. Being Gronk. Eventually we could see him doing TV, acting, a whole number of things. Appearances. Endorsements. He’s one of the biggest personalities. He won’t disappear. He’s going to have fun for a while, but he’ll be back in the limelight in the near future, I believe.” “Rob is 29 years old. He’s still a very young man. It wouldn’t shock me if he has a change of heart, if he feels great and he decides that he wants to play football,” Rosenhaus said.”But this is just me talking. This isn’t Rob. And I don’t want to create any unnecessary expectations. Rob is a very unique personality. If the team was struggling or they needed him at some point next year, and let’s just say hypothetically Tom Brady gave him a call and said ‘Rob, I need you,’ I wouldn’t be shocked if he came back to play a few games.” Related News Rob Gronkowski may have walked away from football, but his agent is leaving the door open for his return.While discussing his client on “Get Up!” Monday, Drew Rosenhaus said he wouldn’t be surprised if the tight end suited up again down the road after taking some time off. Patriots star Rob Gronkowski announces retirement: ‘Now it’s time to move forward with a big smile’ Rob Gronkowski retirement: 5 fast facts about the tight end’s stellar career Gronkowski announced his retirement Sunday in a lengthy Instagram post, hanging his helmet after nine historic seasons spent entirely in New England.While Rosenhaus didn’t deny Gronkowski’s intentions, he pointed out that other players have changed their minds in the past.”Rob Gronkowski is retired and it’s unlikely that he will ever play football again,” Rosenhaus said. “However, I did close my conversation with Rob yesterday when he called to tell me he was going to retire, and I said, ‘Rob, just keep in mind that if you ever have a change of heart, you can come back and play. I’m sure the Patriots would welcome you with open arms. If it’s sometime during the season. If it’s late in the year. If you feel good and want to come back and play, we’ll make it happen.’
Mostly unknown to the public in BiH, this interesting sport lives in Sarajevo, and it survives thanks to a few dozens of ” serious enthusiast ” who are using every free moment for training, performances, competitions and gatherings.Badminton is an Olympic sport. It was included in the official program of the Olympic Games in 1992, at the Olympics held in Barcelona. When it comes to BiH, competitive badminton was started playing in 2002, first in Banja Luka. The first badminton club in BiH – BK Banja Luka was founded in 2005. In the following year was founded the Badminton Association of BiH. Association is a member of the Olympic Committee of our country, Balkan Badminton Association, the European Badminton Confederation (BE) and the World Badminton Federation (BWF).In Sarajevo, badminton is played through organized form of recreation of the Association – Club sports and recreation for everyone, and through the Badminton section of the Association – Sarajevo Badminton. According to recent studies, over 200 million people is playing badminton recreationally, and the Association – club sports and recreation for everyone from Sarajevo, is carrying out active campaign of involvement inactive persons in recreational activities. Besides recreationists, Sarajevo badminton successfully works with young people and children.‘Sarajevo badminton is very creatively promoting this wonderful sport, which is recreational on the one hand, as many like to call it “sport for everyone” and Olympic on the other hand, very hard and incredibly fast. Sarajevo badminton league in the women’s and men’s competition is organized for 2 years in a row. This year, the League starts on the 1st of March and ends on the 31st of June. The New Year’s competition of Sarajevo badminton is very interesting, one-day tournament for all categories, with which ends the season and celebrates the birthday of the organization ”, said members of the Association – Club sports and recreation for everyone.If you want to try out this interesting sport in Sarajevo, apply by calling the phone number: 061 200 422 or 061 225 845, or if you have any questions send it on the e-mail: email@example.com. All the news can be found on their Facebook page – Sarajevo badminton.(Source: Radiosarajevo.ba)
That leaves Winston needing to settle for a backup role somewhere, despite that he threw for a league-leading 5,109 yards with 33 TDs last season. There’s no doubt his league-leading 30 interceptions have given teams pause in signing him. But at only 26, the first overall pick in the 2015 draft also carries a high ceiling into his future.MORE: “Madden 20” gives first look at Tom Brady, others in new uniformsThat’s where the Steelers come in as Winston’s best hope to see the field as a starter at some point in that future. At this point, Pittsburgh doesn’t have much salary cap space left in 2020, with around $10 million, but that’s enough to bring him in on a cheap prove-it one-year deal as the No. 2.Ben Roethlisberger is fully healthy and committed to a big rebound season at age 38, coming off a season-ending elbow surgery. But the Steelers had a good indication that neither Mason Rudolph nor Duck Hodges is a long-term successor after both showed major limitations filling in for Roethlisberger.The Steelers need a big upgrade behind Big Ben, given his age and continued wear and tear. Roethlisberger is signed through the 2021 season and scheduled to become a free agent when he’s 40 in 2022, so lining up a more intriguing replacement doesn’t hurt, either.MORE: Odds on where Winston, other free agents will signWhen we last saw Roethlisberger in full-game action in 2018, he led the league in two categories — passing yards (5,129) and interceptions (16). He still managed to rate a strong 96.5 in efficiency while throwing at 7.6 yards per attempt. Winston “succeeded” Roethlisberger as the best (yards) the worst (INTs) in those two volume-based QB stats. He also did it while averaging 8.2 yards per attempt.Ever since Winston emerged as a top NFL prospect early when winning the Heisman and leading Florida State to the national championship as a redshirt freshman in 2013, he drew physical and skill-set comparisons to Roethlisberger. Part of it was the simliar size and stature, with Winston standing 6-4, 231 pounds and Roethlisberger at 6-5, 240 pounds.But the bigger parts were the toughness to hang in the pocket and extend plays when necessary with underrated athleticism, plus the willingness to fight and look for the big pass play downfield. Roethlisberger also led the league in interceptions in his age 24 season. When both were 25, Roethlisberger and Winston got offensive tutelage from Bruce Arians.MORE: Where does Ben Roethlisberger rank among NFL’s highest-paid QBs?Roethlisberger was able to iron out some early bumps in Pittsburgh to maintain efficiency with his big arm. That’s what has him on track to get to the Pro Football Hall of Fame, on top of winning two Super Bowls. Along the way, he’s gotten help from his team’s consistent dedication to defense and the running game. That’s taken plenty of pressure off Big Ben and therefore given him fewer reasons to be risky with the ball in his hands. Winston, working with Roethlisberger’s long-time offensive guru Randy Fichtner, can get back to meshing physical and mental aspects of his game well as the ideal backup for a good team, without the pressure of starting for a bad team. Should something else happen to Roethlisbeger and he needs to miss more time, Winston would give them a much better chance to be a playoff team and not waste that defense like Rudolpn and Hodges did in the 8-8 frustration of 2019.With Winston lasting deep into free agency, his reward is starting to outweigh his risk. Those Steelers fans who think Winston can be a mess need to remember that a younger Roethlisberger had some of the same issues around the same age. Once Fichtner arrived with Arians in ’07, Roethlisberger found his way for good as a more careful playmaker.Winston is a better option than a rookie drafted on the second night of the draft to replace Rudolph and Hodges, both for the help he can provide now and the potential of a much bigger role not too much later. Given his limited options, Winston should jump at the chance to land in the Steelers organization. Now, the Steelers need to see that he’s a bargain no-brainer for them, too. Jameis Winston is running out of teams with which he can sign in NFL free agency. The Patriots, with Tom Brady going to the Buccaneers, and Chargers, with Philip Rivers going to the Colts, look like they’re content going in other directions at quarterback.The Redskins might be in the market for a QB as a competitive contingency for Dwayne Haskins, but everything points to Ron Rivera’s team waiting for Cam Newton to be released by the Panthers. The Bears already decided to trade for Nick Foles as their alternative to Mitchell Trubisky.