first_imgEurope’s top financial regulator has requested Brexit-related contingency plans from regulated companies based in London and other supervised entities.In a speech to the European Parliament’s Economic and Monetary Affairs Committee, Steven Maijoor – chair of the European Securities and Markets Authority (ESMA) – said the regulator was “looking closely” at the potential effects on the financial sector if the UK leaves the EU in 2019 without a trade agreement.“Obviously, Brexit may pose significant financial stability risks, in particular in the event that the UK would leave without any arrangements in place,” he said. “ESMA has been looking closely at the areas where a cliff-edge effect could mean higher risks for investors and markets as a whole, and, together with other relevant authorities, is working on possible mitigating actions.“In addition, as a direct supervisor of credit rating agencies and trade repositories within the EU, with a number of entities headquartered in London, ESMA requests appropriate contingency plans from individual supervised entities.” The regulator will monitor and communicate with affected parties “to reduce as much as possible the risk of disruptions under any scenario”, Maijoor added.As Brexit negotiations between the UK and the rest of the EU have stuttered, speculation has grown as to the effects of a so-called ‘hard Brexit’.A survey of derivatives traders by BMO Global Asset Management earlier this year found there was a “meaningful” risk that the negotiations could end with no deal.The average view on the probability of a “no deal” outcome was around 40%, BMO reported, although views were spread across a range of 5%-100%, emphasising the uncertainty of the outcome.In his speech, Maijoor also hinted at expanded powers for ESMA to oversee “third country” entities – a crucial aspect of post-Brexit regulation.The regulator has begun a review of how it would work with credit rating agencies based outside of the EU. However, Maijoor said it was clear that “some significant legislative changes need to be considered soon”.The European Commission has proposed granting ESMA regulatory powers over clearing houses (also known as central counterparties (CCPs)) based outside of the EU. After March 2019, this would include London-based entities.A review of European regulators has also proposed making ESMA the regulator of “certain key third-country benchmarks and prospectuses”, Maijoor added.“In the same vein, assigning supervisory powers for ESMA towards non-EU trading venues could be considered, as suggested in ESMA’s consultation response from earlier this year,” he said. “I believe that such a step to centralise the third-country supervision would bring a number of benefits for the Union as a whole.”Maijoor’s speech also touched on the impending MiFID II regulations. He warned that providers “should not underestimate the size and complexity of this project, and thus the risk of potential glitches in the initial operational period”.“ESMA does acknowledge the multiple challenges for everyone involved, and will address all issues with available tools as the implementation progresses,” he said.He emphasised that ESMA was also expecting to be stretched as the regulation came into force, requiring “some prioritisation” of different tasks.last_img read more


first_imgPublic Discourse 21 April 2015Fewer than 9 percent of the countries belonging to the United Nations have redefined marriage to include same-sex relationships—and only one of those did so via its judiciary. A judicial redefinition of marriage would make the United States an extreme outlier on the global stage.Very Few Nations have Redefined MarriageThere is no “emerging global consensus” for same-sex marriage. In fact, same-sex marriage in any form has been adopted by only 17 of the 193 member states of the United Nations—a mere 8.8 percent. In their brief, Koh and company stretch that number to twenty by counting Wales, Scotland, and England as separate nations, and by counting Finland, which has legislation in the works, but no final law.All of the rest—176 sovereign nations— retain the understanding of marriage as the union of a man and a woman. That is, taking the 193 member states of the United Nations as the reference point, over ten times as many countries disallow same-sex marriage as allow it. Additionally, more nations have constitutional provisions defining marriage as the union of a husband and a wife—47, as of last month—than have recognized any form of same-sex union. Many other countries have adopted legal protections of same-sex unions that stop short of changing the definition of marriage.Moreover, rejection of same-sex marriage is not the result of mere animus and intolerance: 95 of the 176 states allowing only traditional marriage have decriminalized homosexual conduct. Eighty-eight have affirmatively extended constitutional and/or legislative protections to LGBT individuals, including prohibiting discrimination in employment based on sexual orientation, considering hate crimes based on sexual orientation as an aggravating circumstance, prohibiting incitement to hatred based on sexual orientation, and constitutionally prohibiting discrimination based on sexual orientation.The countries that have refused to redefine marriage are a far cry from the “anti-models” that the Koh amicus brief puts forward. Rather, they are constitutional democracies that share our values of individual freedom.http://www.thepublicdiscourse.com/2015/04/14874/?utm_source=The+Witherspoon+Institute&utm_campaign=4ad2f9ea71-RSS_EMAIL_CAMPAIGN&utm_medium=email&utm_term=0_15ce6af37b-4ad2f9ea71-84094405last_img read more


first_img The 25-year-old was worked much harder than Brad Friedel in the Spurs goal, the American deputising after Spurs’ medical team opted to give Lloris a few more days’ rest after his collision with Everton forward Romelu Lukaku seven days earlier. Time and again Krul was called into action, producing fantastic saves to deny Roberto Soldado, Paulinho and Gylfi Sigurdsson amongst others. The first chance for the home side came from a ninth-minute corner which was headed over by Soldado when he should have done better. The opening seemed to stir Newcastle into life as Remy had a sight of goal shortly afterwards, but Tottenham defender Vlad Chiriches was on hand to block the France forward’s shot behind for a corner. Friedel just about dealt with the resultant set-piece and then had to push Yohan Cabaye’s effort behind as the visitors came into the match. But Friedel could do nothing about Remy’s strike moments later as Yoan Gouffran robbed Paulinho of possession and played a through-ball to the QPR loanee, who took the ball around the American goalkeeper and slotted home. Spurs chased an instant response but no one could get on the end of an inviting Christian Eriksen cross and Paulinho blazed over as a quick equaliser eluded them. Jan Vertonghen was the next to try his luck for Andre Villas-Boas’ side but his low effort was easy for Krul to collect. The Belgium international then arrowed a low free-kick just wide of Krul’s left post. Soldado forced Krul into a full-stretch save as his flicked header from Eriksen’s free-kick sent the goalkeeper flying high to his right. Eriksen stung the palms of Krul with a powerful long-range effort, with the early afternoon sunshine making the save less routine. Shola Ameobi had the ball in the back of the net after 37 minutes but he had been flagged offside as Newcastle adjusted to a counter-attacking approach. Spurs were inching closer and closer to an equaliser but were yet again thwarted by wonderful goalkeeping from Krul. This time the Holland international flung himself across goal to tip Paulinho’s curling shot away from goal. Chiriches did not see out the half for Spurs after the defender was left with a bloody nose as he challenged for a high ball inside the Newcastle penalty area. The second half followed on from where the first had ended, with Krul again denying everything thrown at him by Spurs, using his legs to keep out Eriksen’s stab towards goal. A deflected Sigurdsson free-kick again brought out the best out of Krul, who was sharp enough to block Younes Kaboul’s follow-up with Mapou Yanga-Mbiwa then clearing ahead of the onrushing Tottenham cavalry. With the hosts on top it was Soldado who passed up the next opportunity as he fired wide after latching on to Kyle Walker’s cross. Newcastle showed they were still a threat at the other end as they broke forward through Moussa Sissoko, whose shot was pushed away by Friedel. Jermain Defoe was introduced with 22 minutes remaining as Villas-Boas decided to play with two forwards, Sigurdsson making way. Andros Townsend cut in and arrowed a shot towards goal which Krul could only push away this time, but he got enough on the ball to keep it out of the path of the fast-approaching Soldado. Brazil midfielder Paulinho hit straight at Krul when well-placed inside the penalty area as time started to run out for the home side. Even when Spurs did manage to beat Krul they found the woodwork blocking their path as Vertonghen’s back-post header hit the crossbar, ensuring that a goalkeeper on the pitch rather than one playing no part took at least a share of the headlines. Press Association Loic Remy’s early strike sealed a hard-fought victory for Newcastle against Tottenham at White Hart Lane but it was goalkeeper Tim Krul who will deservedly take the plaudits. With all of the pre-game talk about Spurs stopper Hugo Lloris missing out after being knocked unconscious at Everton last weekend, it was the Magpies’ own number one who produced heroics to earn his side a 1-0 win. Remy’s well-taken strike in the 13th minute – his seventh goal in his last seven Barclays Premier League appearances – put the visitors ahead before his Dutch team-mate took centre stage, blocking Spurs at every turn. last_img read more


first_imgVirgin Trains sent a letter to Mayor Scott Singer on Friday proposing a new station in downtown Boca Raton.Singer didn’t quite object to the proposal as he hopes it could enhance local business, promote tourism and lighten the traffic flow.The station would be built near the East lot of the downtown library, and a proposed garage would be big enough to support library patrons, train riders and could potentially have space for additional downtown-accessible parking.A city meeting will be held on Monday to discuss timelines and cost of the project. Mayor Singer says Virgin Trains are expected to take the weight of the costs.last_img read more


first_img(Reuters) – Carlos Sainz could be a surprise package when he teams up with Charles Leclerc at Ferrari next year, according to the Spaniard’s former F3 boss, Trevor Carlin.The Briton, who has had a string of Formula One drivers including Sebastian Vettel and Daniel Ricciardo race for him on their way up, told Reuters on Friday that Sainz might even have the advantage.“Ferrari, if they thought they were hiring a number two, might have underestimated Carlos,” he said. “I hope they haven’t done that.“I know there’s this story going around that Red Bull have got a number one, Mercedes have got a number one, Ferrari have got a number one. But I don’t see that with Carlos.“I think given the same kit and treatment and cars, he can run him close,” added Carlin.“I think Carlos is bloody good. Maybe Charles might edge him in qualifying but when it comes to the race, I think Carlos will be all over him. I think he’s going to be fighting to earn his stripes there, he really is.”Sainz, 25, was introduced on Thursday as Leclerc’s future team mate, replacing four-times world champion Vettel whose departure at the end of 2020 had been announced two days earlier.Australian Ricciardo will move from Renault to take Sainz’s place at McLaren.Leclerc, 22, won two races for Ferrari in his debut season at Maranello last year and outperformed Vettel, 32, on just about every reckoning.The Monegasque now has a contract to the end of 2024 and is expected to be the one leading Ferrari’s bid for a first title since 2008.From experience and observation, Carlin suggested Sainz might not see it that way.PRESSURE ONThe son of a double world rally champion and three-times Dakar winner, Sainz has always set himself high goals and had plenty to live up to.“I think the pressure actually will be on Charles’ shoulders,” said Carlin. “When Carlos really steps up he could be the surprise show there and make the tifosi (fans) very, very happy.”Sainz raced for Carlin in the 2012 British Formula Three and Euro Series, finishing sixth and ninth overall in them respectively.The Briton said the youngster had not enjoyed ‘the roll of the dice’ back then.The Spaniard was a Red Bull-backed driver at the time and went on to make his F1 debut with their Toro Rosso junior team before moving to Renault on loan and then McLaren.“When you go through Toro Rosso and that whole movement around, you don’t necessarily get the chance to develop fully,” said Carlin of a team that has brought on some stellar young talent but also discarded plenty of others.“To me, the driver we saw 12 months ago at McLaren when he became team mates with Lando (Norris), that’s the Carlos I remembered when he drove for us back in F3. Far more relaxed, far more comfortable in himself and far more confident.“He’s matured into the real deal. I was very, very happy for him.”Carlin said the influence of Carlos Sainz senior, ‘El Matador’, had been evident early on in the youngster’s driving style.“The one thing we noticed when he drove for us was in the wet Carlos was absolutely exceptional when he started out,” he recalled.“It was just ridiculous what he could do.“That comes from driving dune buggies and dirt cars around the fields of Spain with his dad as a teacher. I think he would have been a damn good rally driver as well as a Formula One driver.”last_img read more


first_imgThat has added plenty of juice to the on-court rivals who share the same building, with both talking about championship aspirations. The two teams have never met in a playoff series, but a Christmas Day game could add to the sense of a postseason preview if both teams live up to the hype.For the Clippers, it’s a return to the Christmas schedule for the first time since 2016, when they also played the Lakers.The Lakers faced Golden State on Christmas night last season in Oakland – notably the game in which LeBron James injured his groin, leading to an extended absence. It will be the first time since 2015 that James will play against a team other than the Warriors on Christmas.The Clippers have had the upper hand in the recent history of the rivalry, winning three or more head-to-head games in six of the past seven seasons. The Lakers have the overall advantage in the series, 148-72. Last season, the teams split 2-2 in head-to-head meetings.The Lakers have a 2-1 advantage when the teams play on Christmas. For all the offseason drama they’ve gone through, SoCal’s two NBA teams will be gathered under one roof for the holidays.According to an ESPN report, a Lakers-Clippers tilt at Staples Center is to be one of the games for the NBA’s five-game Christmas Day schedule. Pitting Anthony Davis and LeBron James against Kawhi Leonard and Paul George on a pair of remade rosters, the game should provide insight into the burning question of the summer: Which team is the top contender in L.A.?Both are widely considered frontrunners after compelling offseason moves. After six months of hot-and-cold discussions, the Lakers finally pulled off a trade for Davis and signed a host of veterans around him and James. The Clippers landed the stunner of free agency when Leonard agreed to sign with them after they worked a trade for George.There’s certain to be no love lost between the crosstown rivals. The Lakers were one of the teams Leonard spurned during the process, choosing to try to contend with George for a team that has never won a title instead of forming a superteam on a franchise that has 16 championships. George chose his former team, Oklahoma City, over the Lakers the summer before. Newsroom GuidelinesNews TipsContact UsReport an Errorlast_img read more


first_imgRussell primarily handled the ball and threw nifty passes no one else could make. Clarkson continued his straight-line progression in which his aggressiveness elevated him last year from a 46th pick to a member on the NBA All-Rookie First Team. Randle looked fresher than when the Lakers limited him with restrictions in Summer League, mindful he played only 14 minutes his rookie season before fracturing his right leg. “It felt good because I didn’t feel like I had to force things. All the shots that I missed, I still felt good and comfortable,” Randle said. “Those shots for all of us are shots we usually have been making for a long time. It didn’t fall today. But we have all season where they’ll fall.”Scott dismissed whether his conditioning-heavy practices contributed to the Lakers’ poor shooting numbers as well as conceding 18 points off turnovers. In fact, Scott suggested he will make Monday’s practice harder. “It’s mental,” Scott said. “The running is physical. But from a mental standpoint, you have to think I can’t allow them to be in better shape than I am.”Apparently, those drills affected Bryant’s mindset, too.“My back was a little tight today from all that running,” Bryant said. “We decided to play the first 12 [minutes] and we’ll look to increase it gradually every game.”Scott declined to say how many minutes Bryant would play on Tuesday, let alone in the regular season, after averaging 34.5 minutes last year through only 35 games. But the Lakers hope the younger pieces around him would help him move more off-the-ball and operate largely in the post. The Lakers lacked consistency in doing last season amid both an injury-depleted and unproven roster. “If we can get him into those spots with a live dribble, he’s still very hard to guard,” Scott said of the 37-year-old Bryant. “It’s going to be a very concerted effort to get him the ball to those spots to the best of our ability. We know teams will try to take that away as well. We have to have some alternatives as well to those three or four spots we want to get him to. But for the most part, he’s probably one of the best at making sure he gets to his spot. His setup and footwork is second to none.”That clinic was not on display against Utah. Instead, the Lakers leaned on Lou Williams (14 points on 4-of-12 shooting) and Nick Young (10 points on 4-of-10 shooting).“Out of those two guys, they were the best with the second unit we had,” Scott said. “Our young guys made mistakes. It wasn’t a lack of effort, but it was more used to playing at this level.”Bryant is facing an adjustment period too, leading him to offer more insight on his sarcasm surrounding his own expectations.“I’ll try to be the 93rd best player in the league,” Bryant quipped. “Just be average.” “I thought they were crazy,” Scott said, laughing. “He hadn’t played in 2½ quarters. They didn’t really like I would put him back in , did they?”Bryant sounded more complimentary about the fan reception, calling it “cool” and “great.” Bryant saved his sarcasm on how he thinks he can play in his 20th and perhaps final NBA season.“Nothing,” Bryant said. “Be average.”Few may describe Bryant’s play on Sunday that way where he played the small forward position and mostly deferred to the Lakers’ younger prospects, including D’Angelo Russell, Julius Randle and Jordan Clarkson.Russell (five points), Clarkson (nine) and Randle (seven) all looked rusty and shot a combined 8-of-31 from the field. But they sparked intrigue for various reasons. Newsroom GuidelinesNews TipsContact UsReport an Errorcenter_img HONOLULU >> The past nine months left Kobe Bryant frustrated over his latest season-ending injury. It left him determined to heal it. And it made the Lakers’ star resolved he can write his comeback story to his liking. But the Lakers’ opening act – a 90-71 preseason loss to the Utah Jazz on Sunday at Stan Sheriff Center – featured little compelling drama surrounding Bryant’s return. He scored five points on 1-of-5 shooting and zero assists in 12 minutes, all played in the first quarter. Bryant missed badly on his first field-goal attempt, a contested 3-point jumper over Utah guard Gordon Hayward hitting the right side of the basket. Yet, Lakers coach Byron Scott maintained Bryant “moved well and felt well” before saying he would play more against Utah here on Tuesday.That could provide some solace to the sell-out crowd here that constantly chanted Bryant’s name late in the fourth quarter in hopes he would return.last_img read more


first_img NHL trade news: Flyers acquire G Cam Talbot from Oilers for Anthony Stolarz Related News TRADE 🔄 The #Oilers have acquired forward Sam Gagner from the @Canucks in exchange for forward Ryan Spooner. pic.twitter.com/4ZS4z75lh0— Edmonton Oilers (@EdmontonOilers) February 16, 2019Gagner, who has spent most of the season on loan to Toronto of the AHL, played his first seven seasons with the Oilers before making stops in Arizona, Philadelphia, Columbus and finally Vancouver.Gagner had 40-point seasons in each of his first five seasons, and his best points-per-game output the following season, 2012-13 – the NHL’s lockout season – when he tallied 38 points (14 goals, 24 assists) in 48 games. Sam Gagner is headed back to the Oilers.Gagner, the sixth overall pick in the 2007 NHL draft who enjoyed some of his best years in Edmonton, was traded by the Canucks to the Oilers for Ryan Spooner in a swap of forwards, the Oilers announced Saturday. In 2016-17 with the Blue Jackets, Gagner reached 50 points (18 goals, 32 assists) for the only time in his career. He also posted a career best with eight power-play goals.The struggling Oilers hope to have Gagner in the lineup immediately. Edmonton, losers of three in a row and 1-7-2 over its last 10 games, plays Saturday at the New York Islanders (7 p.m. ET).#Oilers Assistant GM Keith Gretzky says they’re hopeful Sam Gagner will be available tonight vs. NYI.— Edmonton Oilers (@EdmontonOilers) February 16, 2019Spooner will head to Vancouver with the hopes of bouncing back after a tough few months. He has spent nearly four weeks in the minors after recording three points and going minus-6 in 25 games with the Oilers.last_img read more


first_imgMembers of karate club ”Sinbra’ ‘from Tuzla and ”Bosna” from Sarajevo are the most successful karatekas of BiH Championship, which was held in Sarajevo.In the hall of fifth Grammar School in Dobrinja, 127 karatekas from 25 clubs participated.Winners in the men’s category are Nermin Potur, Alem Kupusović and Admir Zukan, while in the women’s categroy Mirsada Suljaknović, Amila Fazić and Tanja Umičević.In the overall sum of medals, ‘‘Sinbra’’ won 2 gold, three silver and five bronze medals, while ”Bosna” won 4 gold, one silver and two bronze medals, on the third place is ”Šampion” from Ilidža with one gold, four silver and three bronze medals.Champions of BiH (by category)Men:Up to 60 kg: Edin Muslić (KK Bihać)Up to 67 kg: Suad Tabaković (KK Šampion, Ilidža)Up to 75 kg: Nermin Potur (KK Ilidža)to 84 kg: Alem Kupusović (KK Bosna Sarajevo)more than 84 kg: Admir Zukan (KK Bosna Sarajevo)women:Up to 50 kg: Una Alagić (KK Bosna Sarajevo)to 55 kg: Iva Klepić (KK Neretva, Mostar)to 61 kg: Mirsad Suljkanović (KK Sinbra Tuzla, Tuzla)to 68 kg: Amila Fazlić (KK Sinbra Tuzla, Tuzla)more than 68 kg: Tanja Umičević (KK Bosna Sarajevo)last_img read more


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What would you say is Wellington’s biggest concern over the next four years?Wetta: If it doesn’t rain, water will be the biggest issue for all of south-central Kansas.  As the federal and state governments continue to cut, we will have serious decisions to make with less money and resources to continue to provide essential services. 2. What is the main reason why you are running for Wellington City Council?Wetta: With my life experiences and love for the city, I may be able to help with some issues.3. Losing businesses is an ongoing concern to the community of Wellington. What do you as a city council member believe you can do to stop the exodus and enhance business growth?Wetta: Support business entities whenever possible.  Communication and cooperation gets things done.4. The current Wellington City Council is studying ways to supply water to oil companies. What is your position on the matter?Wetta: We need to be very careful with water.  The drought could last longer.  If the state approves, we could sell gray water to the oil companies.5. Staying with water, because of the current drought, the water level is low at the Wellington City Lake. Do you favor other alternative water sourcing, or do you believe we should remain status quo on our water resources? Also, will you ever be in favor of water rationing?Wetta: If the city grows, we will need to consider all water sources.  Yes, if the drought continues and gets worse, we should consider restrictions.6. The total assessed valuation in Wellington went down in 2012, but may remain constant or improve with the inclusion of Wal-Mart on the tax roll in 2013. However, this may not be the case in the next four years. If Wellington has a lower assessed value as the previous year, how would you as a council member respond to the lack of tax revenue for the municipality?Wetta: Without seeing the numbers, it is hard to predict.  However, to provide the essential services, we need value.  Hopefully, the oil development will help.7. Many believe Wellington has trouble promoting itself to outsiders. Do you believe as a tax entity, the city should initiate various promotional programs and if so what would you think they should be?Wetta: Yes,  Wellington has always had a hard time promoting itself.  We need to be proud of who we are and let others know what we have to offer.8. Do you believe in tax incentives to lure in private business? If so or not, please explain.Wetta: We need to be very careful with incentives.  The long established businesses need to come first, and if new business can help without hurting existing business, we may be able to help.9. The Wellington utility rates continue to be a concern to many citizens, especially the fuel adjustment rates. Do you believe they are reasonable and in line with other communities? Should the city make a change in the way it handles utilities? Wetta: This is an issue that concerns me and everyone in town.  I don’t know enough about it yet to know what we can do.center_img by Tracy McCue, Sumner Newscow — Vince Wetta is a Wellington City Council challenger running for one of six “at large” positions on the newly restructured board.Registered voters within the Wellington city limits can vote in this race which will have 15 candidates on the ballot. The top three vote-getters will receive four-year terms. The second three will receive two-year terms.Voters can vote for up to six candidates. They can vote for one candidate, two candidates, three, four, five or six – but nothing more.The city/school election will be held on Tuesday, April 2. Polls open at 7 a.m. and close at 7 p.m. at the Raymond Frye Complex. People can also advance vote at the Sumner County Clerk’s office.The following is a list of questions submitted to Wetta.1. Tell us about yourself.Wetta: I graduated from Andale High School and Wichita State University with a B.A. in Political Science. Worked for the Santa Fe and BNSF Railroad for 41 years and then retired and got elected to the Kansas House six years ago. Marilyn and I have been married for 45 years and have three sons and eleven grandchildren.last_img read more