U.S. derivatives reform rife with uncertainty: Fitch

James Langton Share this article and your comments with peers on social media Keywords Over-the-counter securities and derivatives Related news U.S. regulators are making progress on the details of derivatives market reform, but its still hard to assess the impact of the proposals, says Fitch Ratings. The rating agency observes that the U.S. Securities and Exchange Commission and the U.S. Commodity Futures Trading Commission are finalizing their definition of “swap dealer,” which is a key part of the new Dodd-Frank regulatory framework for over-the-counter derivatives, but it says that many uncertainties remain, as other critical parts of the rules will have to be finalized over the coming year. DTCC adds new Canadian trade reporting capabilities For example, regulators still have to define swap products, which is the next step before the rules can be implemented. Once those are defined, and the rule is in effect, swap dealers will have 60 days to register. The CFTC estimates that 125 companies will register as swap dealers under the current definition, it reports. Another critical area that is still being debated is the extraterritorial application of the rules. Fitch notes that the final outcome of this debate will determine the extent to which the U.S. operations of foreign banks, and foreign subsidiaries of U.S. banks, will fall under the proposed rules. “This is a sensitive rule that could have could have a negative effect on liquidity, should foreign companies that have U.S. operations be forced to comply. This and many other uncertainties make it very difficult to assess the overall impact of the proposed rules,” it says. End-user exemptions for companies that use derivative trades to specifically hedge against market risk will also have to be defined. “A key grey area would be the burden of proof that derivatives are being used to hedge specific risks. Ultimately, this will be quite subjective and open to management’s interpretation,” Fitch says. Facebook LinkedIn Twitter CDCC, NGX receive CCP recognition from ESMA Greater co-operation needed on OTC derivatives reform read more

Message from the Minister of Health & Environment Pesticide Awareness Week 2008

first_imgRelatedMessage from the Minister of Health & Environment Pesticide Awareness Week 2008 FacebookTwitterWhatsAppEmail I am happy to be associated with the observation of Pesticide Awareness Week 2008. Pesticide Awareness Week provides an unrivalled opportunity to inform Jamaicans about the benefits and risks associated with pesticide use, as well as their role in ensuring safe and effective use of these chemicals.“Food Security in a Healthy Environment” the focus of this year’s celebration is a timely reminder of the global food crisis and the need for swift and decisive action. The theme also draws attention to the importance of environmental preservation in the quest to meet the global food demand.Jamaica like the rest of the world is experiencing a serious food crisis that necessitates speedy and innovative solutions. We not only need to “grow what we eat” and “eat what we grow” but more importantly grow enough to meet the demands and sustain the health of the population, using methodologies that are environmentally wholesome.Accessing and properly applying registered pesticides is crucial to Jamaica’s ability to yield better quality and quantity produce, especially for our nutritional needs. Nutrition is a fundamental pillar of human life, health and development and can affect our ability to achieve our local and international health objectives.Achieving the Millennium Development Goals, especially goal #1 aimed at eradicating extreme poverty and hunger, hinges greatly on our ability to satisfactorily meet our nutritional needs Jamaicans.On the occasion of Pesticide Awareness Week 2008, I wish to applaud the Pesticide Control Authority for ably regulating and monitoring the use of pesticides in Jamaica. The organization must also be commended for the fundamental role it plays in ensuring that the public is informed and specialized groups such as farmers are properly trained in the use of pesticides. The training of farmers in particular has been helping to reduce the health risks to themselves and the consuming public, as well as minimize environmental damages.As the watchdog for pesticides use in Jamaica PCA I implore you to keep working assiduously for the cause, paying careful attention to the importance of partnership and innovative approaches in helping Jamaica to achieve “food security in a healthy environment” Advertisements RelatedMessage from the Minister of Health & Environment Pesticide Awareness Week 2008center_img RelatedMessage from the Minister of Health & Environment Pesticide Awareness Week 2008 Message from the Minister of Health & Environment Pesticide Awareness Week 2008 UncategorizedSeptember 22, 2008last_img read more

World Bank Group Announces Settlement with Golden Maritime Technology

first_imgWorld Bank Group Announces Settlement with Golden Maritime Technology The World Bank Group today announced the six-month conditional non-debarment of Bangladesh-based Golden Maritime Technology (GMT) in connection with a fraudulent practice under the World Bank-financed Urban Resilience Project in Bangladesh.The sanction of conditional non-debarment means that GMT will remain eligible to participate in projects and operations financed by institutions of the World Bank Group provided that it complies with its obligations under the settlement agreement. If these obligations are not satisfied within a six-month period, the conditional non-debarment will convert to a sanction of debarment with conditional release, and the company will then become ineligible to participate in World Bank Group-financed activities until the conditions for release set out in the settlement agreement are met.The Urban Resilience Project is designed to strengthen the capacity of government agencies to respond to emergency events and reduce the vulnerability of new building construction to natural disasters in Dhaka and Sylhet. According to the facts of the case, GMT entered into an agreement to prepare a bid on behalf of another company and submitted unauthorized documents with falsified signatures as part of the bidding process. These actions constitute a fraudulent practice under the World Bank Group procurement guidelines.The settlement agreement provides for a reduced period of sanction in light of GMT’s cooperation and voluntary remedial actions. As a condition for release from sanction under the terms of the settlement agreement, GMT commits to strengthening its integrity compliance program in line with the principles set out in the World Bank Group Integrity Compliance Guidelines. The company also commits to continue to fully cooperate with the World Bank Group Integrity Vice Presidency. /Public Release. This material comes from the originating organization and may be of a point-in-time nature, edited for clarity, style and length. View in full here. Why?Well, unlike many news organisations, we have no sponsors, no corporate or ideological interests. We don’t put up a paywall – we believe in free access to information of public interest. Media ownership in Australia is one of the most concentrated in the world (Learn more). Since the trend of consolidation is and has historically been upward, fewer and fewer individuals or organizations control increasing shares of the mass media in our country. According to independent assessment, about 98% of the media sector is held by three conglomerates. This tendency is not only totally unacceptable, but also to a degree frightening). Learn more hereWe endeavour to provide the community with real-time access to true unfiltered news firsthand from primary sources. It is a bumpy road with all sorties of difficulties. We can only achieve this goal together. Our website is open to any citizen journalists and organizations who want to contribute, publish high-quality insights or send media releases to improve public access to impartial information. You and we have the right to know, learn, read, hear what and how we deem appropriate.Your support is greatly appreciated. All donations are kept completely private and confidential.Thank you in advance!Tags:agreement, Bangladesh, bank, building, Dhaka, Emergency, Government, maritime, presidency, project, resilience, settlement, technology, world, World Banklast_img read more

CU Engineers Make First ‘Supercell’ Storm Intercept With Unmanned Aircraft System

first_imgFaculty and students from the University of Colorado at Boulder’s Research and Engineering Center for Unmanned Vehicles teamed with researchers from the University of Nebraska-Lincoln for the first interception of a “supercell” thunderstorm by an unmanned aircraft system on May 6.The Tempest unmanned aircraft developed at CU-Boulder flew for 44 minutes, covering roughly eight miles along a gust front south of the thunderstorm in northwestern Kansas. The supercell intercept was part of the second Verification of the Origins of Rotation in Tornadoes Experiment, or VORTEX2, field campaign.VORTEX2 is the largest tornado field project in history, taking place May 1 through June 15, and involving more than 100 scientists and 40 support vehicles. The researchers are literally surrounding severe storms – known as supercells – with the latest technology to learn more about their birth, duration and wind speeds and to assess death, injury and damage potential. In addition to heavy rain and damaging hail and winds, supercell storms produce the largest and most violent tornadoes.The target of the unmanned vehicle team’s first supercell intercept was the gust front that typically rolls out to the south and east of a supercell storm as it moves to the east-northeast, said Tempest team leader and aerospace engineering sciences Professor Brian Argrow.The interception combined technical, operational and regulatory operations barriers to field the Tempest UAS, or unmanned aircraft system. Lack of atmospheric data in and around supercell thunderstorms required the design of an aircraft that is robust over a range of flight conditions. Networked communication, command and control were developed and demonstrated in order to allow multiple operators and scientists to monitor the aircraft and its measurements of the environment in real time, Argrow said.Uncertainty in storm formation and the quick evolution of the severe conditions that were the target of the mission also required a fast operational pace in which the CU-Boulder team had to locate an area for launch and deploy the aircraft in a matter of minutes. While flight in the U.S. National Airspace System required compliance with Federal Aviation Administration guidelines, the team has worked with the FAA over the past several years to refine the aircraft system and operational procedures in order to satisfy the FAA regulations.”This was an exciting demonstration of the technologies and deployment capabilities that our UAS team has developed over several years. It is a great example of how engineers — faculty, students and researchers — can be given scientific mission requirements and then design, build, test and operate sophisticated systems that meet those requirements,” said CU-Boulder Assistant Professor Eric Frew, a Tempest team member.After spending most of May 6 positioning for storms that were forecast to develop in northwestern Kansas, the UAS team set up in Hill City, where it was joined later by the rest of the VORTEX2 armada of Doppler radar trucks, a network of automated, mobile weather stations and other instruments.Argrow served as mission commander and drove the UAS mobile ground control station to the deployment site about 20 miles northwest of Hill City. The mobile ground control station is the communications nexus for the UAS team where weather radar data is overlaid onto road maps, and the software for situational awareness displays the locations and movements of all vehicles in the VORTEX2 armada connected through the Internet.Assistant Professor Adam Houston of NU-Lincoln was the team’s lead meteorologist, providing directions to the various vehicles making up the team. The vehicles included a “tracker” to which the unmanned aircraft is electronically leashed and a “scout” vehicle that drove ahead of the tracker to be certain the roads were passable and prevent the tracker from taking the unmanned aircraft into regions with large hail or heavy precipitation. Frew drove the scout vehicle, and doctoral students Maciej Stachura and Jason Durrie directed the Tempest from the tracker.At the launch site, CU-Boulder research assistant Tom Aune and doctoral students Jason Roadman and Tony Carfang prepared and launched the Tempest unmanned aircraft. CU-Boulder doctoral student Jack Elston, the pilot-at-controls, then commanded the Tempest into autonomous mode and set it to circle the tracker vehicle.Computers in the ground control station and in the tracker are connected to a computer in the unmanned aircraft through a 2.4-GHz (WiFi) wireless network, and a second radio link that has a greater range. The systems allow communications messages and commands to be sent from both the ground control station and the tracker vehicle to the unmanned aircraft, while the Tempest flight computer reports its GPS position, health and status, and real-time meteorological data.”Team members Cory Dixon, Maciej Stachura and I have put in many hours to develop the communications and controls systems that are now the RECUV mobile ground station and Tempest UAS,” said Elston. “Our advisers have allowed us to work in a research environment with the freedom to collaborate and develop our best ideas into the systems we operate today.”The UAS team is currently waiting for its next chance to deploy with the VORTEX2 armada to intercept another supercell storm in the zone where it has received FAA permission to fly. The boundary of the UAS operations zone runs east along the north side of I-70 from around Byers, Colo., to WaKeeney, Kan., turns north to I-80 near Lexington, Neb., then northwest to the Wyoming border near Scottsbluff, Neb. From there it turns south through the Pawnee National Grassland east of Fort Collins and back to Byers.”With all our technical achievements on display during this deployment, the regulations and policies of the FAA remain the biggest challenge to our operations,” said Argrow. “However, we have worked closely with the FAA for the past three years and we applaud the FAA staff for approving the certificates that allow us to operate.”A second CU-Boulder team led by Assistant Professor Katja Friedrich of the atmospheric and oceanic sciences department is deploying a set of disdrometers as part of VORTEX2 to measure the size and velocity of precipitation droplets.To learn more about the VORTEX2 UAS team visit tornadochaser.colorado.edu. More information about the VORTEX2 experiment can be found at www.nssl.noaa.gov/projects/vortex2. Share Share via TwitterShare via FacebookShare via LinkedInShare via E-mail Categories:Science & TechnologySpaceNews Headlinescenter_img Published: May 12, 2010 last_img read more

Afternoon Brief, September 23

first_imgVINEYARD & WINERY Advertisement More Supplier News Make Sure Your Generator Is ‘Tuned Up’ with a Load Bank Test Brexit: The Opera Continues New Management Figures at Notre Vue Estate I’ve Supported the Wine Industry for Years, Why Won’t It Support Me? Nominations Open for Wine Industry ‘Distinguished Service’ AwardThe Rich Smith Distinguished Service award honors the legacy of an icon in the U.S. wine industry who was integral in the creation of Winegrape Growers of America, WineAmerica and the National Grape Research Alliance… Aveine, Creator of the 1st Digital Wine Aerator, Develops Aveine Essential, a Connected Wine Aerator Which Democratizes Wine Tasting for Everyone The 2020 Wine-Searcher Retailer Awards Should You Drop Unsold Fruit or Leave It on the Vine? Smoke Taint Removal Process Puts Winemaker in Control Heat, High Winds Prompt Fire Weather Warning This Weekend in North Bay HillsAnticipating critical fire conditions with triple-digit temperatures and strong offshore winds, the National Weather Service issued an ominous and unusually early warning for the North Bay mountains this weekend… 5 Ways to Maximize Your Social Pages TAGSArgyle WineryAveineDomaine SerenefeaturedLail VineyardsLivermore Valley Wine AuctionNotre Vue EstateOrnellaiaSomerston EstateWine IntelligenceWineAmerica Argyle Winery and Pacific Northwest College of Art Celebrate Fifth Annual “Art of Sparkling” Release WINEINDUSTRY.JOBS PEOPLE SUPPLIER NEWS Pinterest BLOGS Share Hey Wine Industry—Let’s Try to Dial It Back a Few Notches Facebook Club Member ManagerColdani Family Winery & Olive Ranch – Lodi, CA, USA What Our Competition Taught a Sustainability Expert Sarah Jessica Parker, Graham Norton Take Up Home Winemaking on Zoom Newsletter DesignerWine Scholar Guild – Anywhere (Remote) Wine Spectator 2020 Video Contest Finalists Production/Maintenance OperatorRecruiting Associates Network – Fairfield, CA, USA More Wine Industry Jobs Concern Over Wildfire Smoke’s Impact on Washington Grape Harvest and Wine QualityThe wildfire smoke that blanketed Washington state could bring another major toll — this time to grape farmers and winemakers in the state… Guala Closures Develops Eco-Design Guidelines The Sirens of Summer Spirits: Sonoma and Napa County Women Making Waves How Direct-to-Consumer Companies Succeed—and Why Many Fail Champagne 2020 to Make Rare ‘Trilogy’ of Top Vintages Lail Vineyards Celebrates Its 25th Anniversary and Releases “Cellar Stories,” a Series of Colorful Anecdotes as Told by Vintner Robin Lail North Carolina’s Thermal Belt Helps Grow Grapes Visa Exemptions a Huge Relief for New Zealand’s Wine Industry Pulsair Systems Releases White & Rosé Lees Stirring Mixing Equipment Solutions Previous articleDomaine Serene Becomes the World’s Most Awarded Winery at Decanter’s 2020 World Wine AwardsNext articleMelville Winery Launches “Save Restaurants” Syrah, Donating 100% of Proceeds to the Independent Restaurant Coalition Editor Linkedin TRENDING STORY Domaine Serene Becomes the World’s Most Awarded Winery at Decanter’s 2020 World Wine Awards First Virtual Livermore Valley Wine Auction Raises $85,000 for School Meals Napa Valley’s Somerston Estate Forgoes 2020 Vintage Due Smoke Damage from Wildfires Ornellaia Announces Launch of Le Serre Nuove Dell’Ornellaia 2018 TODAY’S NEWS Neil Hadley MW Elected Chair of the Institute of Masters of Wine Home Afternoon Brief Afternoon Brief, September 23Afternoon BriefAfternoon Brief, September 23By Editor – September 23, 2020 160 0 WEDNESDAY, SEPTEMBER 23 Twitter Crisis in Wine CountryWest Coast winemakers are scared. 2020 is shaping up to be the worst year for wineries since Prohibition. Not in the last 87 years has there been a confluence of events to equal this year. And it’s not over yet… Advertisement This Is Why Sommeliers Love Chablis Surging Australian Wine Exports ReddIt Email Paso Robles Winemaker Accepts Plea Deal for Shooting ‘Threatening’ Neighbor’s Golf Cartlast_img read more

Strength of schedule: Woods looks to balance big events and staying fresh

first_imgNASSAU, Bahamas – If 2018 was a “moving target” for Tiger Woods, the upcoming season appears to be something of a work in progress. Woods’ comeback season included 18 starts, the most he’s played on the PGA Tour since 2012, and it was defined, for better and not-so-better, by a grueling stretch to finish the year that included playing seven events over the last nine weeks – culminating in a walk-off victory at the Tour Championship that was followed by an admittedly lackluster performance at the Ryder Cup. Although Woods is notoriously reluctant to give away his schedule, his comments on Tuesday at the Hero World Challenge suggest change is coming in 2019 for Tiger’s dance card. “The only thing set in stone is I’m playing Genesis [Open] and the four majors,” said Woods, whose foundation runs the Los Angeles Tour stop. “Other than that, we are still taking a look at it as far as what is too much. Seven of the last nine to end my season was too much. What can I handle going forward? I need to make sure that I am rested and ready to play.” Unlike last season, when he began the year ranked 656th in the world, Woods is safely back inside the top 50 in the world ranking [currently 13th] and is assured starts in all of the marquee events. But it remains unclear if he will play his normal schedule. Your browser does not support iframes. Other than the majors, and most likely The Players Championship, the primary concern for Woods, and every other top player, will be a particularly condensed period during the run up to the Masters and again in July to finish the season. The only thing that appears certain is that Woods will look to avoid those extended stretches in an attempt to be at his best when it matters the most at major championships. “I played all my good tournaments when I had time off and I felt rested. If I didn’t feel rested, I didn’t play well,” Woods said. “Maybe that’s just being a little bit older, but I think it’s important, and playing seven of the last nine last year was too much.” In practical terms that means Woods would start his season in January at the Farmers Insurance Open – although there is a growing drumbeat of rumors that suggest he may play the Sentry Tournament of Champions to start the year Maui, which he hasn’t played since 2005. After the Genesis Open (Feb. 11-17) he would play the WGC-Mexico Championship the next week followed by the Arnold Palmer Invitational, The Players and the WGC-Dell Technologies Match Play before heading to Augusta National for the year’s first major. That would look like this: Genesis (Feb. 14-17) WGC-Mexico (Feb. 21-24) OFF (Honda) API (March 7-10) Players (March 14-17) OFF (Valspar) WGC-Dell Match Play (March 27-April 1) OFF (Valero Texas) Masters (April 11-14) Gone from his schedule will likely be the Honda Classic, which is now a home game for Woods and an event he’s played every year he’s been healthy since 2012, and the Valspar Championship, which he added to his schedule last year and where he finished second. There is the possibility that Woods could swap out the Match Play, which has become an increasingly tough sell for top players in recent years, for another start, possibly the Valspar or Honda. Woods’ mid-summer run will look familiar, with starts at the Wells Fargo Championship in early May followed by the PGA Championship, which moves to May beginning next year, and the Memorial before heading to the U.S. Open. That would be an off-off-on-off-on-off-on-off-on slate after Augusta and to Pebble Beach. In theory, Woods will have four weeks off after the U.S. Open unless he adds a new stop, the first-year event in Minneapolis could be an option, before The Open Championship is played in Northern Ireland (July 15-21). The top players will head directly from Royal Portrush to Memphis for what promises to be the year’s most dramatic change of scenery at the WGC-FedEx St. Jude Invitational, and unless something goes terribly wrong he would skip the Wyndham Championship to prepare for three consecutive playoff events [reminder: there are no longer four]. That would leave Woods with 17 events if the Maui rumors turn out to be more than hearsay and he plays all three post-season stops, which is a manageable number. The more important element here is he would be able to mitigate the grind of consecutive weeks of tournament golf. Heading into the Masters he would play six events in nine weeks, and to finish the season – assuming he qualifies for all three playoff events – he would play five of six weeks. And having the Presidents Cup – where he could possibly serve as a playing captain – in December creates a much-needed break following the Tour Championship. It’s not perfect, but considering next year’s condensed schedule, it would be Woods’ best chance to remain fresh for an entire season, something he now admits was a struggle in 2018. “Being physically in better shape going into next season is very important in being able to handle the condensed schedule and all the big events we play every month,” he said. “There’s literally a big event every single month, so physically I’ve got to be in better shape than I was last year to be able to handle that.” At 43 years old, creating the right schedule will be the key for Woods if he’s going to sustain the momentum he created in 2018. If that means a slightly different schedule, then so be it.last_img read more

Monday Scramble: Three weeks left to tie up loose ends before the Masters

first_imgJason Kokrak finally gets it done, Phil Mickelson stays perfect, Tiger Woods returns to action, Brooks Koepka offers insight on his injuries and more in this week’s edition of Monday Scramble: Kokrak on first Tour win: ‘Inevitable that I was actually going to get it done’ 1. In a stirring duel with Xander Schauffele at the CJ Cup, Jason Kokrak prevailed to win for the first time on the PGA Tour. TAKEAWAY: It took 233 career starts, but Kokrak, 35, is at last a Tour winner. All he needed was to play one of the best rounds of his life, firing a bogey-free, 8-under 64 – the round of the day – missing only one green and two fairways, and rolling in 110 feet worth of putts. He pulled ahead with a par on the 16th and then bludgeoned the par-5 finishing hole after hitting a 342-yard drive, center stripe. For years Kokrak has been one of the more underrated ball-strikers on the PGA Tour, ranking inside the top 50 strokes gained: tee to green all but once over the past five seasons. That’s one of the chief reasons why he hasn’t finished worse than 100th in the FedExCup since 2012, his rookie season. But Kokrak has also been below average (or … worse) on and around the greens, giving him six career top-3 finishes and $13 million in earnings but never a win.    Something changed a few months ago, when he put a 36-inch putter in the bag, allowing the 6-foot-4-inch, 225-pounder to stand more upright at address and getting the club more in his palms. It helped, too, to have a putting savant like David Robinson on the bag, as he reads nearly every putt Kokrak faces. At Shadow Creek – a course he figures he’s played 20 to 25 times – Kokrak led the field in putting for the first time. “Anytime that you’ve been out here for that length of time, you definitely have doubts in your mind,” Kokrak said. “Between the team I’ve got in place, it was inevitable that it was going to happen.” Entering the week, Kokrak was third on the all-time money list among players who had never won. Here’s the current top 5, now that Kokrak has graduated: Brian Davis: $13,374,228 Briny Baird: $13,251,178 Jeff Overton: $12,790,635 Cameron Tringale: $11,945,616 Brendon de Jonge: $11,568,484   2. Xander Schauffele stamped himself as one of the most feared chaser in golf, nearly stealing the title at Shadow Creek with a final-round 66. TAKEAWAY: Indeed, Schauffele got his bad round out of the way Saturday with a third-round 74 in windy conditions and amid painfully slow pace of play. That left him three shots off the lead heading into the final round. Noting his history – all four of his wins have come from behind – he joked with the media: “It’s all part of my master plan.” It looked like it, too, because he was 7 under for his first 13 holes and locked in a battle with Kokrak. Schauffele’s bid ended with an errant drive on the par-5 16th, where he was only able to advance his second shot about 85 yards because of a wood chip near his ball. He continued to make a mess from there and dropped a shot, his lone bogey, of the day. Asked what he took away from the week, Schauffele said: “This is the first time after two rounds of golf I had a three-shot lead – and obviously it showed, with a rookie move there shooting 74 on Saturday. But for me personally, just to know that my really good golf is that good, it’s nice to know that I do have it in me.” Up to No. 7 in the world, another win – you know, an official win, unlike the Tour Championship – is coming very soon. Phil now 2-0 on Champions, begins to build Masters momentum 3. Phil Mickelson stayed perfect on the PGA Tour Champions, winning for the second time in as many starts by outdueling Mike Weir at the Dominion Energy Charity Classic. TAKEAWAY: That Mickelson was even in Virginia instead of Las Vegas was a surprise, and though he laughed off the schedule decision – it’d be a “letdown,” he said, to play Shadow Creek, after beating Tiger Woods there in their $9 million match – it was clear that he had some work to do as he looks forward to the Masters. Before the senior event he put a new driver in play, looking for more pop and carry, wanting to play aggressively because that’s how he wants to attack Augusta in a few weeks. The style of play worked, of course, as he closed with 65, shot 17 under for 54 holes and became just the third player in history to win his first two events on the PGA Tour Champions. Golf Central Phil’s got ‘momentum,’ but what does it mean for Augusta? BY Rex Hoggard  — October 18, 2020 at 7:26 PM Phil Mickelson won again on the PGA Tour Champions and says he has ‘momentum’ as he gets ready for his final prep for the Masters. Down the stretch, Mickelson was excellent and showed how much of an advantage he enjoys on the over-50 circuit, putting for eagle three times in his last four holes, including on the 15th after a perfect 3-wood, over the trees, on the drivable par 4. It’ll be his final Champions start before the Masters; he’s playing this week at the Zozo Championship and again in Houston. After beating up, again, on the old-timers, Mickelson said of returning to play against the young bucks: “It’s not going to be easy, but I’m going to give it a try and I’m going in with a little bit of confidence now.” Getty Images 4. Tiger Woods will make his final tune-up before the Masters at this week’s Zozo Championship. TAKEAWAY: Because of the pandemic, the Zozo moved from Japan to Southern California, at one of Woods’ personal playgrounds, Sherwood Country Club. In eight career appearances there – all in his limited-field World Challenge exhibitions – he’s a combined 97 under par.  Here are his list of finishes, the most recent coming in 2014: 2 T4 1 2 1 1 T-14 2Yet course history is the only reason to believe in Woods’ chances at this point. Other than a tie for 10th at Torrey Pines in his opening event of the year, he’s battled through injury and, now, post-pandemic break, 18 rounds of listless play. Overall, he’s failed to finish inside the top 35 and broken par in just three of his past 13 Tour rounds. Woods hasn’t played in a month, since his 10-over-par missed cut at Winged Foot, but he’ll obviously find more friendly confines this week at Sherwood. It’s his one and only tune-up before defending his title at the Masters, so this observer will be looking for a few things with an eye toward Augusta: 1) improved putting, since last season he would have ranked 183rd on Tour (out of 193!) had he played enough rounds to qualify; 2) a high draw shot shape, as that was one of the keys to his readiness for the 2019 Masters; and 3) tidiness around the greens, because that’s one of the areas Woods always emphasizes in his preparation for the Masters and he lost strokes to the field last season for the first time since his yip-filled events in 2015.   WHAT ELSE WE’RE TALKING ABOUT Getty Images Dustin Johnson became the most prominent PGA Tour player to test positive for COVID-19 when he was forced to withdraw last week from the CJ Cup. It’s the third high-profile case in the last few weeks, as Rookie of the Year Scottie Scheffler was knocked out before the U.S. Open, Tony Finau tested positive before the Shriners and then DJ, the world No. 1 and reigning FedExCup Player of the Year, reported symptoms and then received confirmation that he indeed had come down with the virus. (And kudos to DJ: After first testing negative but starting to experiencing symptoms, he asked the Tour for another test.) Though obviously his health is the most important thing, the timing is certainly interesting. Johnson was scheduled to play three times in four weeks in the run-up to Augusta. The CJ Cup is out. Johnson has to self-isolate and clear a 10-day threshold in order to return to competition, which jeopardizes this week’s event at Sherwood (where Johnson is a member). If he’s unable to go, that’d leave only the Houston Open before the Masters.   Johnson was on a tear before this latest setback, racking up top-6s in each of his past five starts.  Koepka: I didn’t realize how bad I felt Brooks Koepka got through all four rounds at Shadow Creek unscathed after playing his first tournament in two months because of hip and knee injuries. Before the tournament Koepka declared his health a “million times” better than when he began the year but acknowledged that he’s facing an uncertain future if his hip doesn’t improve. He had a cortisone shot recently to alleviate the discomfort from a slight tear in the labrum, but if he doesn’t experience improvement – or, worse, has another setback – he’s looking at surgery and a nine-month recovery. But for now, he reported no issues. The bigger challenge will be getting his game in order with the Masters fast approaching. He managed a couple of 68s during the middle two rounds and tied for 28th in Las Vegas, but he nearly ranked last in driving accuracy (23 of 56) and was predictably rusty on the greens. Koepka is slated for two more weeks of rest, recovery, rehab and rebuilding before a final Masters tune-up at the Houston Open. Getty Images Keep an eye this week on Bermuda, as the National Weather Service just issued a new advisory for Tropical Depression 27. It’s expected to become a tropical storm later this week before turning in a Category 1 hurricane that could impact the area by early Saturday morning. That’s an issue, of course, because the PGA Tour is headed there next week for the Bermuda Championship, the second-to-last event before the Masters.   Also interesting: Tournament organizers there are supposed to be welcoming a limited number of on-site spectators, the first time the Tour has allowed fans on property since March 12.   THIS WEEK’S AWARD WINNERS Getty Images When You’re Hot, You’re Hot: Adrian Otaegui. With rounds of 62-70-70-63, the 27-year-old Spaniard erased a four-shot deficit to Matt Wallace and captured his third European Tour title at the Scottish Championship (but first in a stroke-play event). He ended up winning by four, which was surely pleasing to his mentor, Jose Maria Olazabal. Still Looking: Mike Weir. Taking the lead into the final round of the PGA Tour Champions event, the newly 50-year-old Weir was looking for his first win – anywhere – in 13 years. But he putted poorly in the final round and was lapped by Mickelson. Beauty in the Madness: Tyrrell Hatton. The Englishman remains one of golf’s must-watch talents, not necessarily because of his shot-making but because of his combustibility, which was on full display last week after flying across eight time zones and not getting enough sleep in Vegas. Auspicious Start: Takumi Kanaya. The former top-ranked amateur in the world finished seventh at the Japan Open to kick off his pro career, but a bigger test awaits: He received a sponsor exemption into this week’s Zozo Championship.    Everybody Pitching In: Lost balls at Shadow Creek. The spread-out nature of the course, in addition to having no spectators on the course and fewer marshals, presented a challenge for players if they hit the ball off-line at Shadow Creek. Just peep this search party that broke out after Koepka couldn’t immediately locate his ball – Rory McIlroy even went commando! Tough Break: Jason Day. Beginning the final round just five shots back of Russell Henley, in the same group as eventual winner Jason Kokrak, Day was looking to make a big move to earn his first title since the 2018 Wells Fargo but instead injured his neck/upper shoulder during his range session and couldn’t move properly. He walked off the course after making triple bogey on the first hole and struggling through the second hole. Hopefully he’s able to go this week at Sherwood. Best Wishes: Michael Greller. Jordan Spieth’s loyal caddie left the CJ Cup early after learning of the death of his mother, Jane. A Feel-Good Story, It is Not: Omar Uresti. The 52-year-old has 375 career starts on the PGA Tour, but the “PGA Life Member” just cleaned the clocks of those working the shop and giving lessons, setting the 72-hole scoring record at the Senior PGA Championship with a 18-under winning total. No Words, Just Watch: Gary Player. Reminder: He turns 85 next month. Blown Fantasy Pick of the Week: Matthew Wolff. Fresh off a runner-up at the U.S. Open and then a playoff loss the previous week at the Shriners, Wolff would have been expected to keep rolling at Shadow Creek. Well, uh, except he shot 80 in the first round and closed with 77 and finished 73rd out of 77 players who completed the week. Sigh.last_img read more

Principal, MetLife assume a $1.2 billion pension obligation

first_imgThe plan includes approximately 11,000 retirees, beneficiaries and deferred participants. MetLife will act as the lead administrator for the monthly benefits for approximately 9,000 retirees. Principal will have financial responsibility for a portion of these monthly benefits and will settle such obligations directly with MetLife. Principal will have sole responsibility for the approximately 2,000 deferred participants.The transaction will not change the amount of monthly pension benefits received by plan participants, who will continue to receive a single payment each month, Principal said in a release.[More: Principal launches strategic review after settlement with Elliott] Principal Financial and a subsidiary of MetLife have agreed to accept the transfer of $1.2 billion in pension plan obligations from Philips North America. 2020 brought human capital management practices into focuslast_img read more

Adjunct Instructor- Health, Physical Education and Recreation (HPER)

first_imgWorking TitleAdjunct Instructor- Health, Physical Education and Recreation(HPER) Supplemental QuestionsRequired fields are indicated with an asterisk (*). Posting Date12/01/2020 Department Contact [email protected] DepartmentHealth, PE, And Recreation Closing Date Required DocumentsRequired DocumentsCover LetterCurriculum VitaeOptional DocumentsOther Document Classification TitleAdjunct Instructor- Health, Physical Education and Recreation(HPER) * How did you hear about this employment opportunity?Public Job PostingInternal Job PostingAgency ReferralAdvertisement/PublicationPersonal ReferralWeb siteOther * Do you have a Master’s Degree or higher?YesNo Special Instructions to Applicants Job Summary/Basic Function Preferred Qualifications Three Letters of Recommendation and Official Transcripts are alsorequired. Information may be sent to:Central State UniversityAttn: Department of Health, Physical Education and Recreation (HPER )P.O. Box 1004Department Contact:Renita Tolbert937-376-6327Wilberforce, OH 45384 Applications for Adjunct Faculty positions in the Department ofHealth, Physical Education and Recreation ( HPER ) are beingaccepted. Applications for adjunct faculty positions will beconsidered for all academic disciplines within thedepartment.An application must be submitted for each department that you areinterested in being considered for. For information regarding theacademic departments, please consult the Central State Universitywebsite. Posting Number0800025 Posting Details Budgeted Annual Salary0 Minimum Qualifications Position Category Open Until FilledYeslast_img read more

Perpetual Groove Announces Brooklyn Bowl Webcasts

first_imgThis weekend, Perpetual Groove will make their New York return at the famed Brooklyn Bowl venue in Brooklyn, NY. For those who can’t make the shows, fear not, for Nugs.TV has you covered!In-Depth With Brock Butler On The Past, Present, And Future Of Perpetual GrooveP.Groove and Nugs are joining forces for a PPV webcast of the two shows, on October 9th and 10th. Price are quite reasonable, as an HD webcast of both nights will run you only $24.99. SD and single-day options are available too. Check out Nugs.TV for details.Tickets for the shows and more Perpetual Groove tour information can be found on the band’s website.last_img