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first_imgYet investors are taking comfort from the prospect of yet more fiscal spending and endless cheap liquidity, with Fed Chair Jerome Powell expected to sound reassuringly accommodative after a policy meeting on Wednesday.“Fed officials have made clear that they will be making their forward guidance more dovish and outcome-based soon,” wrote analysts at TD Securities.“The chairman is likely to continue the process of prepping markets for changes when he speaks at his press conference.”One shift could be to average inflation targeting, which would see the Fed aim to push inflation above its 2 percent target to make up for years of under-shooting. Gold rocketed to record peaks at US$1,975 on Tuesday while the US dollar plumbed two-year lows as investors wagered the Federal Reserve would reaffirm its super-easy policy outlook this week, and a tolerance for higher inflation.The prospect of endless stimulus allowed Asian shares to shake off coronavirus concerns and Sino-US tensions to make early gains.Nations around the globe are announcing new travel curbs amid a fresh wave of the coronavirus, a setback to hopes for a “V” shaped economic recovery. All of which helped MSCI’s broadest index of Asia-Pacific shares outside Japan .MIAPJ0000PUS add 1.2 percent, while Japan’s Nikkei firmed 0.6 percent even as the yen rose.E-Mini futures for the S&P 500 ESc1 gained 0.4 percent, while EUROSTOXX 50 futures STXEc1 added 0.5 percent.The Dow had ended Monday up 0.43 percent, while the S&P 500 gained 0.74 percent and the Nasdaq 1.67 percent.The rise was again led by technology stocks as investors wagered on upbeat earnings reports due this week. Analysts also noted the falling dollar was a positive given that more than 40 percent of S&P 500 earnings come from abroad.Dollar in declineThere were hopes some sort of stimulus extension could be hammered out as US Senate Republicans raced to complete details of a $1 trillion coronavirus aid proposal before enhanced unemployment benefits expire on Friday.The proposal could involve a cut in benefits to $200 from $600, which would be a big blow to household incomes and spending power.Aid is desperately needed given 30 million Americans are out of work and states are tightening social restrictions again, a trend that has also dragged on the US dollar.Alan Ruskin, head of G10 strategy at Deutsche Bank, noted currencies had been tracking the relative performance of their economies, so that high-ranked economic performance was associated with stronger currencies.“One clear pattern is how economies linked most tightly to China – including commodity producers as diverse as Australia, Chile and Brazil – have tended to perform better than economies most directly linked to the US, notably its NAFTA trading partners,” said Ruskin.Indeed, the dollar has been falling almost across the board in recent days, reaching a two-year trough on a basket of currencies at 93.416. It in turn breached major chart support around 93.96/88, a bearish development that opens to way to at least 93.19 and 92.24.The euro was up at $1.1766, having hit its highest since late 2008 at $1.1781, while the dollar touched its lowest against the Swiss franc since mid-2015.The story was much the same against the Japanese yen, as the dollar skidded to a four-month trough at 105.10.The trend reversal in the dollar combined with all the uncertainty over COVID-19 and the prevalence of negative real bond yields to light a fire under precious metals.Gold flew to $1,975 an ounce on Tuesday having climbed $160 in just six sessions. Silver put on another 5 percent to reach $25.81, its highest since April 2013, and a gain of almost a third in seven sessions.Oil prices also tend to benefit from a falling dollar but have been hampered by worries about demand as countries impose more travel restrictions.Brent crude LCOc1 futures edged up 20 cents to $43.61 a barrel, while US crude CLc1 firmed 12 cents to $41.72.Topics :last_img read more


first_imgNational COVID-19 task force chief Doni Monardo inaugurated on Thursday a regional hospital to treat coronavirus patients in isolation in Biak Numfor, Papua.The hospital has a capacity of 50 patients with a maximum of 10 slots allotted for special treatment at any given time. It will serve the people of Biak Island and its surrounding areas, such as Japen Island.The hospital cost Rp 43 billion (US$2.9 million) of the National Disaster Mitigation Agency budget. Its construction, however, was built in cooperation with the Public Works and Housing Ministry and state-owned builder PT Adhi Karya as the contractor. #covid19taskforce #mothermessage #washyourhand #usesoap #avoidcrowd #keepyourdistance #wearmask #socialdistance Editor’s note: This article is part of a public campaign by the COVID-19 task force (Satgas COVID-19) to raise awareness about the pandemic.Topics : Read also: Hospitals more cautious, adjust services as Indonesia forges COVID-19 ‘new normal’Biak Numfor Regional Hospital has treated 24 COVID-19 patients as of Thursday.At the beginning of the pandemic, the government spent less than a month building a specialist hospital on Galang Island, Riau Islands, to treat COVID-19 patients from across the nation.It has 340 beds for patients under observation and a 20-bed isolation ward for providing intensive care. It also has a cemetery.Up until September, the health institution, called the Galang Special COVID-19 Infection Hospital, had treated hundreds of patients. In Lamongan regency, East Java, the government inaugurated a COVID-19 hospital with isolation and quarantine facilities on June 18.In Bangka Belitung Islands, a COVID-19 hospital is under construction.A one-story building comprising service rooms and patient rooms, the hospital will feature a total of 100 beds, 75 of which will accommodate mild cases while 25 will be designated for intensive care.Indonesia recorded on Thursday a daily record of 4,850 new confirmed COVID-19 cases, bringing the total number of infections to 320,564 nationwide. (iwa) Doni said the government decided to construct the hospital because Biak Numfor was in need of a proper hospital.“Hopefully this hospital can be maintained well and also serve the people well. On dealing with COVID-19, I hope people in Biak Numfor can be disciplined in maintaining health protocols, always wearing masks, keeping their distance, avoiding crowds and washing their hands with soap under flowing water,” he said.Biak Regent Herry Ario Naap expressed his gratitude for the hospital, which he said was sorely needed by Biak Numfor residents.“On behalf of the Biak Numfor people, I want to say thank you to President Joko Widodo who has built this regional hospital to treat COVID-19 patients. Previously, infected residents had to be transported to Jayapura to receive treatment,” Herry said.last_img read more


first_imgHeribert Karch addressing aba’s 2018 annual conference“Aba is an excellent association that, in light of the challenges facing workplace pensions in Germany, plays an important role,” he said. “I appreciate the trust that has been placed in me.”Thurnes was elected chairperson at a board meeting today.He will be supported by deputies Richard Nicka, vice president of benefits at BASF and head of the BASF Pensionskasse, and Dirk Jargstorff, senior vice president of corporate pensions and related benefits at Robert Bosch and CEO of the Bosch Pensionsfonds.Jargstorff will also take over from Carsten Velten the running of aba’s expert group for Pensionsfonds, one of the vehicles for workplace pension provision in Germany. Georg Thurnes, AonAba said Velten, who is head of the Telekom Pensionsfonds, wanted to step down from the role because of additional work commitments. He had led the group for more than 15 years.Klaus Stiefermann remains aba’s secretary general. Joachim Schwind, who had been the association’s other deputy chairperson for more than 20 years, stepped down late last year after retiring as head of the pension funds for chemicals company Höchst. The board changes at aba come as the German occupational pensions industry eagerly anticipates the announcement of the country’s first defined contribution scheme, after a major pension reform law came into effect last year.Further readingGerman regulator urges take-up of new DC model BaFin president Felix Hufeld tells employers and unions to make use of the new legal framework for defined contribution (DC) pension funds brought in under the BRSG reforms.German social ministry to set up ‘forum’ for new pension plans Unions and worker representatives in Germany welcome a government proposal to set up a “forum” for questions regarding the introduction of non-guaranteed pension plans.aba Anniversary Conference: ‘Grasp opportunities reform offers’ Heribert Karch issues an impassioned plea for support for the BRSG reforms at aba’s 80th anniversary conference last year.And look out for in-depth coverage of German pensions in the April edition of IPE magazine Georg Thurnes is to replace Heribert Karch as head of the German occupational pensions association aba, it was announced today.The handover will take place at the Berlin-based association’s annual conference in early May.Karch will step down from the board after eight years as the association’s head. He is also the managing director of German industry-wide pension fund Metallrente, and said he would concentrate on his responsibilities in that role from May.“I don’t find it easy, but I am determined to reduce my activities,” he said. “I am happy that Georg Thurnes is willing to take over the demanding role of chairperson.center_img “The management of our association will be in the best of hands.”Thurnes is chief actuary and board member at Aon Hewitt Germany, and a well-known figure in the German occupational pensions industry. He has been one of aba’s two deputy chairs since 2011, and on the board since 2008.last_img read more


first_imgManchester United midfielder Paul Pogba isn’t letting his latest setback get him down by getting straight back to business following his ankle surgery. Manchester United’s Paul Pogba has been working hard in the gym following his ankle surgery The Frenchman, who is set to be out for four weeks following his operation, has provided a positive update to manager Ole Gunnar Solskjaer and United fans hoping he makes a quicker return than expected. Pogba is expected to return to action in four weeks after struggling with injuries this season On Thursday afternoon, Pogba posted a series of short videos onto his Instagram story of him working hard in the gym, alongside the caption: ‘Injured? So what? No excuses.’ The French World Cup winner performs press-ups with a medicine ball under his right hand The 26-year-old – certainly keeping his spirits up after a tough season due to injuries – was seen performing plenty of strength and conditioning exercises, such as overhead kettlebell lifts and press ups. The 26-year-old has been restricted to just eight appearances for the Red Devils this season Pogba has been restricted to just eight appearances so far this season for the Red Devils because of injuries, and Solskjaer’s side have been struggling without their star midfielder in the side. The Frenchman has been heavily linked with a move to Spanish. The Frenchman has been heavily linked with a move to Spanish giants Real Madrid giants Real Madrid Read Also:Paul Pogba undergoes ankle surgery United sit fifth in the Premier League, five points off the top four after losing 2-0 to Arsenal last time out on New Year’s Day. Since then they were also held to a 0-0 draw with Wolves in the FA Cup before suffering a first-half pummeling to arch rivals Manchester City in the first-leg of their Carabao Cup semi-final on Tuesday night. FacebookTwitterWhatsAppEmail分享 Loading… center_img Promoted ContentThe Highest Paid Football Players In The WorldA Hurricane Can Be As Powerful As 10 Atomic Bombs10 Stunning Asian Actresses No Man Can Resist6 Extreme Facts About Hurricanes20 Facts That’ll Change Your Perception Of “The Big Bang Theory”Top 7 Best Car Manufacturers Of All TimeThe Very Last Bitcoin Will Be Mined Around 2140. Read MoreYou’ve Only Seen Such Colorful Hairdos In A Handful Of AnimeGreatest Movies In History Since 1982Couples Who Celebrated Their Union In A Unique, Unforgettable WayWho Is The Most Powerful Woman On Earth?6 Incredibly Strange Facts About Hurricaneslast_img read more


first_img Loading… However, UEFA president Aleksander Ceferin told Italian daily La Repubblica at the weekend that all options were under consideration in an effort to salvage the season, including starting again “in mid-May, in June or even late June”. The impact of the pandemic on Europe has forced UEFA to put Euro 2020 back 12 months and suspend all club competitions until further notice. The Champions League and Europa League have both been frozen at the last-16 stage. Read Also: Football legends pick the best between Ronaldo and Messi UEFA’s working group features three of its own members along with three from the European Club Association, one from the European Leagues body representing nearly a thousand clubs in 29 countries, one representative from La Liga in Spain and one from the English Premier League. World football’s governing body FIFA has also set up a working group to deal with the consequences of the pandemic, including on players’ contracts and transfers and to deal with the economic impact on the game. FacebookTwitterWhatsAppEmail分享 UEFA will hold a videoconference on Wednesday this week with its 55 member federations as part of discussions on the potential rescheduling of matches postponed due to the coronavirus crisis, European football’s governing body announced on Monday. UEFA is to discuss proposals this week about how to pick up the European football season which has been brought to a halt by the coronavirus pandemic The meeting will see UEFA share an update on the progress made by the two working groups that were created two weeks ago in response to the crisis caused by the pandemic and following the decision to postpone the European Championship by a year. “The meeting will look at developments across all UEFA national team and club competitions, as well as discussing progress at FIFA and European level on matters such as player contracts and the transfer system,” UEFA said in a statement. UEFA previously stated their wish to finish the current season by June 30, the date when many players’ contracts expire. Carrying the season on beyond that date runs the risk of clubs losing their out-of-contract players before matches have been completed, unless a solution can be found.Advertisement Promoted ContentTop 10 Female Disney Villains You’ll Definitely Fall In Love WithWho Is The Most Powerful Woman On Earth?The Models Of Paintings Whom The Artists Were Madly In Love With18 Cities With Neverending Tourist-FlowThe Highest Paid Football Players In The World9 Facts You Should Know Before Getting A Tattoo10 Phones That Can Work For Weeks Without Recharging10 Risky Jobs Some Women DoWhat Happens To Your Brain When You Play Too Much Video Games?11 Most Immersive Game To Play On Your Table Top20 “The Big Bang Theory” Moments Only A Few Fans Knew AboutBirds Enjoy Living In A Gallery Space Created For Themlast_img read more


first_imgWorries about its spreadremain high and the epidemic’s reach was highlighted by the US announcing thatmore than three dozen Americans from a cruise ship quarantined off Japan wereinfected. (AFP) BEIJING – The number ofpeople infected with the new coronavirus in China passed 70,000 on Monday asinternational experts began meetings with their Chinese counterparts on how totackle an epidemic that has caused global concern. A family wears protective face masks outside an almost-empty Beijing shopping mall. AFPcenter_img The death toll jumped to1,765 in mainland China after 100 more people died in Hubei province, where thevirus first emerged in December before spreading across the country andoverseas.last_img read more


first_imgThose surviving who will cherish Janis’ memory include her children, Rosalind (Darrin) Lunsford, John (Julia) Collins, Darrel (Lisa) Collins, all of Brookville, and Cara (Bill Brooks) Collins of Durham, NC; 10 grandchildren, Lauren Collins, Cleta Faye Collins, Ben Stone, Felicia Collins, Darrin Justin Lunsford, Chelsey Collins, Madison Collins, Darrell Collins, Jr., Dustin Collins, and Clara Collins; 4 great grandchildren, Autumn and Austin Gray, Lillie Dyer, and Brynleigh Stone; sisters, Joyce Pasley and Sharon Dearth, both of Cincinnati, and brother, Darrell Haltom of Indianapolis.  Besides her parents, she was preceded in death by brother, Greg Haltom. In keeping with Janis’s wishes, cremation was chosen.  A memorial service will be held on Saturday, August 13, 2016 at 2 p.m. at Brookville Volunteer Fire Department.     Memorial contributions may be directed to Brookville Volunteer Fire Department, 900 Mill Street, Brookville IN 47012.  To sign the online guestbook or to leave a personal condolence, please visit www.cookrosenberger.com.  The staff of Cook Rosenberger Funeral Home is honored to care for the family of Janis Collins.center_img Janis Collins, of Brookville, was born on July 29, 1949 in Putnam County, Indiana, the daughter of Loren and Mildred Hanners Haltom.  She retired from Gecom after many years of employment.  Janis enjoyed spending time with her family and liked to craft and travel.  On Saturday, August 6, 2016 at the age of 67, she passed away at her residence. last_img read more


first_imgBatesville, In. — The 7th Annual Batesville bash will be held in downtown on August 4 from 8 a.m. to 11 p.m.A schedule of events is here:Breakfast on the Square with Izzy’s at 8 a.m.Farmer’s Market and Sidewalk Sales begin at 8 a.m.“Velo in the Ville”- a scenic bike ride through Batesville, Brookville, Metamora, St. Mary’s and Oldenburg begins at 9 a.m.A Pickleball exposition from 10 a.m. to 4:30 p.m.Lone Wolf & Friends Acoustic from 10:30 a.m. to 12:30 p.m. on the Pearl Street Stage.“Grillin’ with Gillman”- grilling tips from the experts and Green Egg demonstrations.Vendor Market opens at 11 a.m.Batesville Area Chamber of Commerce Classic Car Cruise-in from 11 a.m. to 3 p.m.The Children’s Health Care Kids Zone will be open from 1 to 5 p.m.Salsa Contest & Dancing at 1 p.m.The Food, Wine & Beer Garden will be open from 4 to 11 p.m.National Anthem & Honor Guard at 4:45 p.m.The race to determine the “Fastest Kid in Town” at 5 p.m.The Batesville Area Historical Society will feature a special exhibit from 9 a.m. to noon.The Gibson Theater will present a free kids movie at 11 a.m.Main Stage entertainment includes The Yorkridge Boys at 5:30 p.m. and Five Lights at 8 p.m.For information about being a food or service vendor please call 812-934-3101.last_img read more


first_img “It is a long season and there are so many more games to play, but it is important that we start getting points now because you can’t wait and think we will do it next week, we will do it next week – we have to do it now,” the 32-year-old striker told his club’s official website. “There is also nothing better than getting the points before the lads go away and focus on their countries, but it is also important for the manager and the coaching staff because then they can relax and when we come back we can regroup and kick on from there. “West Ham are a good side and they have picked up a lot of points and beaten some of the big teams, so they will come here and be confident, but it is important for us to set our stall out from the first whistle and be positive.” Defoe knows exactly what is at stake having played his part in yet another escape at the end of last season, and he is urging his team-mates to rediscover the fighting spirit which dug them out of a hole then to prevent them from slipping into another. He said: “It is a big game, even more so because of how it has gone the last few games. We’ve not had that luck and not reached those levels we reached in the closing stages of last year, so it is a massive game and it is a game we need to win. “We need points now and as players, we understand that. Everyone is trying and I think we just have to approach it like any other game, don’t get too tense and try to relax.” Press Association Jermain Defoe has warned Sunderland they cannot allow their barren run to continue for much longer if they are to avoid another survival scrap. center_img The Black Cats welcome West Ham to the Stadium of Light on Saturday having won none of their opening seven games of the Barclays Premier League campaign, leaving them rooted to the foot of the table with just two points to their name. Head coach Dick Advocaat desperately needs a victory in the final fixture before the international break to steady a few nerves and repair tattered confidence, and that will be the aim against the side with which Defoe began his professional career. last_img read more