10 months agoBenitez warns Newcastle: We must buy in January

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10 months agoBenitez warns Newcastle: We must buy in January

first_imgBenitez warns Newcastle: We must buy in Januaryby Paul Vegas10 months agoSend to a friendShare the loveNewcastle United boss Rafa Benitez says it’s critical they have a busy January market.The Magpies are about to narrow down their shortlist and have checked out players like Ritsu Doan of Groningen and Atlanta United star Miguel Almiron ahead of the winter trading period.Benitez said: “They (the current team) are doing well but you can still improve on little things.”Against Huddersfield was very clear, with a couple of little details we would have had more chances.”Credit to the players they are doing a fantastic job.”But still we have to improve and if we can have people coming in even better.” TagsTransfersAbout the authorPaul VegasShare the loveHave your saylast_img read more

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10 months agoSamir Nasri pleased with winning West Ham debut

first_imgAbout the authorPaul VegasShare the loveHave your say Samir Nasri pleased with winning West Ham debutby Paul Vegas10 months agoSend to a friendShare the loveSamir Nasri was pleased with his debut for West Ham’s FA Cup win over Birmingham City.Nasri impressed during an hour-long debut.“I’m happy to get my first minutes in the West Ham shirt, but most important was the team performance and winning 2-0, keeping a clean sheet,” he said. “That was the goal today and that’s what we did.“It was important to not let Birmingham get into the game with confidence, so we pushed from the start and scoring the goal that early made everyone more comfortable on the ball and able to play our football. “The coach rotated the squad and had young players in the team, so it was important to score an early goal for everyone to be a little more free on the ball.“It was a tricky game, because they didn’t want to do anything with the ball, but when they had it they played that long ball and tried to catch us on the break.“I felt good, honestly I thought I would struggle a little more with the rhythm as my last game was 13 months ago.“I’m just relieved that everything is now behind me and happy about those first 58 minutes. It was good and I’m just looking forward to the next game.” last_img read more

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Retired TD Bank CEO Ed Clark to head up agency that will

first_imgTORONTO – Ontario has called in its top business guru to head the agency that will handle the complicated task of selling and distributing recreational marijuana once pot is legalized this summer.Former TD Bank CEO Ed Clark, who has served as Premier Kathleen Wynne’s business adviser since 2015, was nominated Thursday by Finance Minister Charles Sousa to chair the Liquor Control Board of Ontario’s board of directors.Clark, who also is working on the province’s bid to land the new Amazon headquarters, will oversee the agency as it creates a subsidiary that will run stand-alone stores to sell legal weed.Clark described himself as a “conservative on the cannabis file” and said safety is top of mind for him.“I think we have to be quite careful,” he said. “I think it’s good to get the drug out of the hands of drug dealers. I think having people buy what is a drug, that hasn’t been tested … and buy it from bad guys, is not a good thing. We’re not here to promote marijuana. We’re here to make sure that we cut the drug dealers out of marijuana trade.”The LCBO subsidiary must put in place good quality control measures that provide consumers with a safe product, he said.“We have to make sure that we have a system, as we do with the LCBO, that we’re not selling to people that shouldn’t be buying this,” he said.Clark noted that in his 2015 review of Ontario’s assets he recommended maintaining public ownership of the LCBO and expanding access to wine and beer, two ideas the Liberal government has accepted.“I like the LCBO but it doesn’t mean there isn’t more that it can do,” he said. “I’m a retailer at heart. It will be fun to try to say, OK, how can we serve the consumer better?”The process is likely to be fraught with challenges from municipal pushback to concerns about lack of supply, but Sousa said Clark’s experience makes him the ideal person for the job.“He’s a retailer by his nature,” Sousa said. “But he’s also a policy mind. He’s successful. He has the ability to deal very effectively with leaders around the world and we’ve engaged him to do just that on our behalf.”Clark’s appointment as LCBO chairman was discussed by Ontario’s cabinet Thursday morning and will now be finalized after a review by a committee at Queen’s Park.The province announced last fall that it plans to create a subsidiary of the Liquor Control Board of Ontario that will run the legal weed stores. The agency itself will oversee the planning process to establish its retail locations.The province plans to set up approximately 150 standalone cannabis stores by 2020 with the first wave of 40 stores opening this summer.Clark has handled a number of difficult files for Ontario’s Liberal government in recent years, leading a controversial government asset review in 2014 which recommended the partial selloff of Hydro One. In 2015, Clark advised the province on the restructuring of U.S. Steel Canada in Hamilton. In 2016, he conducted a review of the province’s digital health records system.For his work, Clark has taken a salary of one dollar per year, something that Sousa joked won’t change.“As you know he’s been advising and providing some support for the government on a number files and he has been getting his dollar,” Sousa said. “I don’t intend to give him a raise.”Ontario NDP finance critic John Vanthof panned Clark’s hiring saying it sends the signal that the LCBO could be privatized. He urged the premier to cancel Clark’s nomination to the board.“By appointing Clark to the top post at the LCBO, Wynne is sending strong signals that she won’t stop with the selloff of Hydro One,” Vanthof said in a statement. “Ontarians overwhelmingly opposed that short-sighted move, but Wynne went ahead with her plan anyway, and Ontario families are literally paying the price.”Ontario Public Service Employees Union President Warren (Smokey) Thomas also called on Wynne to rescind Clark’s appointment.“Ed Clark has always put profits before people,” Thomas said in a statement. “Giving him the keys to the LCBO will be a huge boon for Bay Street, but it’s going to cause real harm on Main Street.”Sousa denied Clark’s hiring signals a move to privatize the Crown corporation. Clark himself recommended hanging onto the LCBO in his review of government assets, he said.“There is no intent on selling LCBO,” he said. “It’s a very efficient, very productive, well-run organization. It’s valuation is tremendous.”Meanwhile, the provincial government announced Thursday it was accepting public comment on a number of possible further regulations of legal cannabis.The proposals, which would add further detail to provincial pot laws passed in the fall, were posted on a government website. The proposed rules include clarifying where cannabis can be used with exemptions for hotel rooms and vehicles like boats which are used as primary residences. The regulations would also allow pot to be consumed in private residences which are also workplaces.The regulatory changes also appear to open the door to permitting licensed and regulated cannabis consumption lounges and venues.last_img read more

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Enbridge TransCanada shares flat after steep dive due to US tax ruling

first_imgCALGARY – Shares in Canadian pipeline companies Enbridge Inc. and TransCanada Corp. failed to recover fully Friday from a steep sell-off on Thursday after the U.S. said it would eliminate a tax break for owners of certain interstate pipelines.Both Calgary-based companies hold such pipelines in the United States through master limited partnerships or MLPs.The decision by the U.S. Federal Energy Regulatory Commission to no longer allow MLPs to recover an income tax allowance from cost of service tariffs came in response to a 2016 court ruling that found its long-standing tax policy could result in double recovery of costs.Enbridge shares fell by 4.2 per cent to $41.06 on Thursday but recovered to close at $41.28 on Friday, up 22 cents, after it issued a statement that says it is not expecting a “material change” to its financial guidance over the next three years because of the FERC ruling.TransCanada shares dropped 2.1 per cent to $55.89 on Thursday. On Friday, they rebounded to reach an interday high of $56.45 but closed two cents lower.The company had no immediate comment.FirstEnergy Capital said in a report TransCanada will be less affected than Enbridge because its main exposure is through its interest in TC PipeLines.Enbridge has two MLPs, Enbridge Energy Partners, and Spectra Energy Partners.It said in its statement the former is expected to experience an $80-million decrease in annual distributable cash flow because of the FERC decision, but that will be somewhat offset by a revenue increase on the Canadian Mainline system held by Enbridge Income Fund Holdings Inc.About 60 per cent of Spectra’s gas pipeline revenue comes from negotiated or market-based tariffs and are not directly affected by the FERC policy revisions but the remainder is from cost of service-based tariffs which “could be subject to tax recovery disallowance,” it said. Spectra pipelines that move oil and other petroleum liquids are not expected to be affected.CIBC estimated the FERC ruling would knock about $3 per share from of its valuation of Enbridge and $1 per share for TransCanada.“We cannot help but wonder about the long-term viability of MLPs,” it said in a report.“Our expectations are that many of the MLPs held by corporations will need to consider converting to corporations if no consideration is given to the fact that they are held by taxable U.S. entities.”The report says the implications of the FERC decision are difficult to quantify given the strategies companies may employ to deal with it and the mix of existing rate structures and rate settlement terms, but the impact should decline over time as newer pipelines tend to employ negotiated rates, not cost of service tariffs.Follow HealingSlowly on Twitter.Companies in this story include (TSX:ENB. TSX:TRP)last_img read more

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Local author hosting launch of new book in Fort St John

first_imgBook signing flyer. Photo by Jenna Morland. “This is where I live, this is where my husband works and it just seems right I guess you could say,” said Morland. “This community, when it comes to supporting the arts, has always been good at that kind of thing. There is a lot of talented people in this town.”Local Author Jenna Morland with her book Empress Unveiled. Photo by Jenna Morland.Morland added that her book was published after she entered a Twitter pitch party. A pitch party is when authors pitch their book to publishers in 150 characters or less, if the publishers like the book, they will pick it up.“The publisher I have now liked the tweet, I sent them all the stuff and then three months later there was an offer for a publishing deal.”The book launch will be from 4:00 to 6:00 p.m. on September 8th, all residents are welcome to come. Eric Clark will be a special guest performing live music while Morland will be on hand to do a reading. Residents who buy books or t-shirts will be entered into a prize draw for a 30-minute, four-person Highland Helicopters ride.Residents who would like to learn more about “Empress Unveiled” can do so by visiting Morland’s Instagram, Twitter and website. FORT ST. JOHN, B.C. – Fort St. John author Jenna Morland is set to launch her new book next weekend at Brown’s Socialhouse.The book is titled “Empress Unveiled” and is a young adult fantasy. The story is a fantasy romance that follows an ill teenager, her very human best friend and a fae sentenced to death. The main character must battle love, broken hearts, death and the crown.  Morland explained that launching her book in Fort St. John just felt right.last_img read more

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Pak PM Imran Khan to visit China for Belt Road Forum

first_imgIslamabad: Pakistan Prime Minister Imran Khan will visit China next week to attend the 2nd Belt and Road Forum and hold bilateral meetings with the top Chinese leadership, the Foreign Office announced on Wednesday. China will hold the Belt and Road Forum (BRF), which provides a platform to countries participating in the Belt and Road Initiative (BRI), from April 25 to 27 in Beijing. According to reports, India has planned to boycott the forum for the second time. Also Read – Saudi Crown Prince ‘snubbed’ Pak PM, recalled jet from USPakistan’s Foreign Office said Prime Minister Khan will visit China from April 25 to 28 at the invitation of President Xi Jinping who will inaugurate the forum on April 26. This will Khan’s second visit to China after becoming the prime minister in August last year. He earlier paid a state visit to China in November. In addition to participating in the forum, Khan would also hold bilateral meetings with President Xi and Premier Li Keqiang, the FO said in a statement. Also Read – Record number of 35 candidates in fray for SL Presidential pollsPakistan and China will also sign several memorandum of understandings and agreements to enhance bilateral cooperation in diverse areas, the FO said. Leaders from 40 countries and delegations from over 100 countries, international organisations and corporate sector would participate in the event. Khan will be accompanied by a ministerial delegation. He will deliver a keynote speech in the opening ceremony of the forum and participate in the Leaders’ Round Table. He will also attend the Beijing International Horticulture Exhibition-2019 and address Pakistan Trade and Investment Conference in Beijing. The forum provides a platform to countries participating in the BRI for exchanging views and experiences on regional connectivity, policy synergy, socio-economic development, and trade and commerce, the FO added. China has played down India’s reported plans to boycott the BRF, saying India may have misunderstood the BRI and suggested New Delhi to “wait and see” before taking a decision.last_img read more

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Egypt back to square one as army returns to politics

first_imgCAIRO – Three years after a popular uprising forced out ex-general Hosni Mubarak, Egypt’s army is again pushing a commander to stand for president after he ousted the first civilian head of state.On Monday, the army endorsed its Field Marshall Abdel Fattah al-Sisi’s candidacy for an election he is expected to win amid a strong nationalist fervour since he overthrew president Mohamed Morsi.In just over six months, Sisi has managed to win accolades from a vast section of Egyptians for leading the ouster of Morsi and crushing the Muslim Brotherhood movement to which the Islamist belongs. Morsi was toppled after one turbulent year in office following mass street protests amid allegations of grabbing power and ruining an already deteriorating economy.Announcing its backing for Sisi, the Supreme Council of the Armed Forces said that “the people’s trust in Sisi is a call that must be heeded as the free choice of the people”.Sisi is soon expected to resign as army chief and announce his candidacy in a presidential election scheduled to be held by mid-April.A victory for the 59-year-old would keep alive a tradition of Egyptian presidents being drawn from the armed forces.Mubarak and all of his predecessors came from the military, starting with the charismatic colonel Gamal Abdel Nasser, who ruled Egypt between 1954 and 1970.And after Mubarak’s ouster, it was Field Marshal Hussein Tantawi who ruled Egypt until the election of Morsi in June 2012. But Tantawi’s tenure was marred by deadly street protests before Morsi was elected.Sisi is riding a wave of nationalist fervour, however, amid a heavy handed crackdown on Morsi’s supporters, which according to Amnesty International has left at least 1,400 people dead.To Sisi’s supporters, he is the best option for ending three years of political instability following the 2011 uprising that ended Mubarak’s reign.And to his critics and experts it is the military’s decades-old iron grip on Egypt that has once again brought an army man to the forefront after civilian leaders blew their shot at power.“There is definitely a political vacuum with no civilian parties able to throw up a good leadership,” said Mohamed Ghorab, an activist from a group that campaigns against military trials of civilians.“We saw this with the Muslim Brotherhood, (and) they failed. We hoped that another liberal party would come up and fill the vacuum, but that didn’t happen.“Hence given the backing from a section of the society, the military is now filling the vacuum,” he said in his personal capacity.‘Old demons of repression’ returningSince Morsi’s ouster, Sisi has emerged as a nationalist icon, but simultaneously Egypt is also witnessing the return of the feared security services which were widely hated under Mubarak.In recent months a deadly crackdown that began against Morsi’s Brotherhood has widened, with activists who spearheaded the anti-Mubarak revolt finding themselves behind bars.Top anti-Mubarak campaigners Ahmed Douma, Ahmed Maher, Mohamed Adel and Alaa Abdel Fattah have been detained for organising protests the military-installed authorities say were illegal.The authorities had defended the removal of Morsi on the back of mass street protests against his rule.“Their current policies are a betrayal of all the aspirations of bread, freedom and social justice” of the anti-Mubarak revolution, said Hassiba Hadj Sahraoui of Amnesty International in a statement marking the third anniversary of the 2011 revolt.She charged the security forces had also not been held to account for using “excessive” force in dealing with protests staged by Morsi’s supporters who continue to demand his reinstatement.Analysts say the repressive old regime of Mubarak is returning to the fold, but that it is unleashing even more force on dissent than before, now that the military is clearly at the helm.“Even if the military authorities try to maintain a democratic face, it is now clear that Egypt is being overtaken by old demons of repression, authoritarianism and personal power,” said Karim Bittar of the Institute of International Strategic Relations.“The hopes aroused by the revolution of January 25, 2011 among the liberals and progressive (people of Egypt) are about to go up in smoke.”last_img read more

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