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COVID-19: Key points of Germany’s mega stimulus

first_img“It is not only the size of the packages which is remarkable but also the fact that the German government has made a complete U-turn in its approach to fiscal policy,” said ING analyst Carsten Brzeski.”This not only the case for Germany but also for Europe. From austerity champion to big spender – a few months ago… such a comment on German fiscal policy would have been almost unthinkable.”Spiegel Online noted that “Chancellor Angela Merkel had promised a ‘courageous answer’ to the crisis.””The economic programme of the coalition is a surprise and … not a negative one.” A huge German stimulus package could help Europe’s biggest economy recover swiftly from a deep slump triggered by the coronavirus pandemic, analysts said Thursday.The country’s biggest post-war package, worth around 130 billion euros (US$150 billion), includes cuts to the VAT, handouts to families, and subsidies for greener transport options.Observers voiced surprise at its volume, particularly for a country that has been often criticized by neighbors and allies alike for its reticence to spend.  Economy Minister Peter Altmaier said Thursday that the government aimed to “return to the path of growth in the second half of the year.”Berenberg Bank analyst Holger Schmieding said the package backs the belief that “Germany will recover comparatively well from the Covid-19 recession with little lasting damage to its long-term supply potential.”Here are the main elements of the package:Triggering consumer spendingThe value-added tax (VAT) will be cut from 19 to 16 percent from July to December this year, a catch-all to boost spending.Families will also get cash directly via a bonus of 300 euros per child, regardless of the parents’ income level or whether they were directly hit economically by the crisis.Help for companiesSectors worst hit by the pandemic, including hospitality, tourism and sports, will get help to the tune of 25 billion euros.Those that have seen their revenues shrink dramatically will have the bulk of their operating expenses picked up by the state.Social security contributions will also be capped at 40 percent of wages – to help companies keep costs down.Investments for futureElectric-car buyers will get a boost, with a state rebate doubling to 6,000 euros.But crucially, the coalition refused to sign off on a bonus covering petrol and diesel vehicles after an energetic environmental protest.To boost greener modes of transport, the state will plough five billion euros into rail giant Deutsche Bahn, whose traffic slowed to a crawl during Germany’s lockdown.Another seven billion euros are earmarked for a “hydrogen strategy” that includes how the technology could help wean the country off fossil fuels.Topics :last_img read more

Vattenfall Announces Inspection and Recertification Tender

first_imgVattenfall Vindkraft AB has issued a contract notice for the provision of statutory inspections and recertification of the company’s onshore and offshore wind assets across Europe.This tender will be opened for competition to selected candidates on 11 October.It concerns the statutory inspection, repair if required, and recertification works for Vattenfall’s existing assets in the United Kingdom, Netherlands, Germany, Sweden and Denmark.The portfolio consists of multiple wind turbine generator platforms.The contract will start in February 2016 and run for a period of 24 months.Vattenfall has the option of extending the agreement up to 2 times, each for a period of 1 year.last_img

Bulldogs Soccer Teams Whitewash Eagles

first_imgThe Batesville Bulldogs Varsity and JV Soccer teams posted shut out victories against The Jac-Cen-Del Eagles.The Varsity score was 6-0 while The JV won 4-0.Courtesy of Bulldogs Coach Chris Fox.last_img

Arsenal to re-open training ground to players

first_imgRelatedPosts COVID-19: NCAA to revoke erring airlines licence over non-compliance FRSC to Schools: We’ll arrest, prosecute drivers who flout COVID-19 rules Runarsson joins Arsenal on four-year deal Arsenal will reopen London Colney training ground to their players next week for individual training, but the Premier League club will continue to observe social distancing rules amid the Coronavirus outbreak, they said on Saturday.Soccer in England was suspended indefinitely last month due to the virus and no club has been in training. “Players will be permitted access to the Colney grounds next week,” Arsenal said in a statement.“Access will be limited, carefully managed and social distancing will be maintained at all times. All Colney buildings remain closed. Players will travel alone, do their individual workout and return home,” the club added.Arsenal manager Mikel Arteta was diagnosed with the novel COVID-19 on March 12, which led to the Premier League postponing the next round of matches and none have been played since.Arsenal spoke to all their players after Alexandre Lacazette, David Luiz, Nicolas Pepe and Granit Xhaka were pictured allegedly breaking social distancing guidelines.Premier League clubs have been working on the basis that the earliest they may be allowed to resume training would be in early May. The British Government is expected to review current lockdown restrictions on May 7.Should teams be allowed to train, it is expected they would need two to three weeks to get prepared to play competitive matches, making the earliest possible return in June.But with the ban on mass public gatherings likely to be one of the last restrictions to be lifted, rescheduled games will almost certainly be held behind closed doors.The Department of Culture, Media and Sport has been liaising with a number of sports bodies, led by the England and Wales Cricket Board (ECB) on how things might work should the green light be given by the medical experts for sport to resume safely.The Football League (EFL) which organises the three divisions below the Premier League, on Saturday highlighted testing of players and others involved in games as the key issue. “Clearly, before any return to football can take place, suitable testing arrangements for participants must be in place. This is core to our current planning, as is ensuring there is absolutely no negative impact on the country’s front-line workers, the Emergency services, League and Club staff members,” the league said in a statement.Reuters/NAN.Tags: ArsenalCoronavirusCOVID-19English Premier Leaguetraininglast_img read more

Jadeja’s seven for 48 floors England

first_img(REUTERS) – Ravindra Jadeja ripped the heart out of England’s batting order to bowl India to a thumping innings and 75-run victory in the fifth and final Test yesterday.The left-arm spinner claimed seven of the 10 English wickets that tumbled in the final two sessions as India completed an emphatic 4-0 series win.The touring side needed to bat out the final day to secure a consolation draw and Alastair Cook and Keaton Jennings defended resolutely through the morning to boost their chances.Cook did look ill at ease against spin and got a life on four when he lunged forward to edge Ravichandran Ashwin but the ball popped out of wicketkeeper Parthiv Patel’s gloves.Jennings played more confidently although he was nearly caught by Lokesh Rahul at short leg off Amit Mishra when on 31.Jadeja returned after lunch to turn the match on its head.The all-rounder has haunted Cook since the tourists landed in India and he dismissed the England captain for the sixth time in the series by getting him caught at leg slip.It was a poor shot from Cook who edged a leg-side delivery to Rahul to depart for 49.Jennings followed up his debut century in the previous Test in Mumbai with a fifty but offered a tame return catch to Jadeja after making 54.“We understood that once we got a couple of wickets, it’s going to be a downslide pretty quick (for England),” India captain Virat Kohli, who was adjudged man-of-the-series for his 655 runs, said at the presentation ceremony.“Jadeja coming and doing the job in both the innings … hitting the right areas and making it uncomfortable for the batsmen; it was great to watch,” Kohli said.ROOT FAILUREEngland’s batting mainstay Joe Root could manage only six runs before he was hit on the pad by a fuller delivery from Jadeja.India’s lbw appeal was turned down and Kohli took his time before deciding to review the decision, which was overturned after replays suggested the ball would have hit the leg stump.Jadeja then sprinted backwards to take a brilliant running catch to dismiss Jonny Bairstow off the bowling of paceman Ishant Sharma.Moeen Ali and Ben Stokes looked determined to bat through but Jadeja removed both batsmen after tea to spark an English collapse.Moeen was guilty of throwing his wicket away with a loose shot after making 44 and Stokes chipped a catch to mid-wicket to depart for 23.Jadeja claimed the last two wickets to finish with a career-best 7-48 as England, 97 for no loss at lunch, lost their last six wickets for 15 runs and folded barely half an hour before the scheduled close.“No excuses, India were the better team here and deserved to win,” Cook said. “It was a very good fifth day wicket … we got ourselves into a good position at lunch to save the game but we were not good enough to bat the rest of the time out.”India batsman Karun Nair was adjudged man-of-the-match for his marathon 303 not out.ENGLAND 1st innings 477 (M. Ali 146, J. Root 88, L. Dawson 66 n.o., A. Rashid 60) INDIA 1st innings 759 for 7 decl (K. Nair 303 n.o., L. Rahul 199, P. Patel 71, R. Ashwin 67, R. Jadeja 51) ENGLAND 2nd innings (o/n 12-0)A. Cook c Rahul b Jadeja 49K. Jennings c & b Jadeja 54J. Root lbw b Jadeja 6M. Ali c R. Ashwin b Jadeja 44J. Bairstow c Jadeja b I. Sharma 1B. Stokes c Nair b Jadeja 23J. Buttler not out 6L. Dawson b Mishra 0A. Rashid c Jadeja b U. Yadav 2S. Broad c Pujara b Jadeja 1J. Ball c Nair b Jadeja 0Extras: (b-12, lb-8, w-1) 21Total: (all out, 88 overs) 207Fall of wickets: 1-103, 2-110, 3-126, 4-129, 5-192, 6-193, 7-196, 8-200, 9-207.Bowling: I. Sharma 10-2-17-1, R. Ashwin 25-6-56-0, R. Jadeja 25-5-48-7, U. Yadav14-1-36-1 (w-1), A. Mishra 14-4-30-1.last_img read more

Volleyball looking for redemption against Michigan squads

first_imgOutside hitter Allison Wack and the Badgers look to get Big Ten wins over MSU, No. 15 Michigan.[/media-credit]With the first half of Big Ten play behind them, the Wisconsin Badgers are looking to build off their recent success in a homestand this weekend. Wisconsin (13-8, 2-8) will face Michigan State (11-10, 3-7) Friday and No. 15 Michigan (19-3, 8-2) Saturday.The Badgers are very familiar with both the Michigan teams, having lost at Michigan (0-3) and suffered a close loss to Michigan State in five sets (2-3).“We kind of know what the other team is brining and they know the same with us,” senior outside hitter Allison Wack said. “We’re seeing Michigan and Michigan State, when it seems like we just saw them three weeks ago.” Wisconsin has fought hard in a lot of matches, but has still come up short recently. The Badgers look to turn the tables against both teams this weekend.“Our mindset is to just win some of those close matches that we’re just barely losing,” Wack said. “When we were losing them, we weren’t playing our best, so I think we all know what we’re capable of. We say everyday in practice, focus on improving and just changing the little things.”Michigan State will first come to the Field House on Friday night. The Spartans have lost six of their last eight games, so they are looking to regain their early season success.Head coach Pete Waite feels his squad has learned from the mistakes committed earlier in the season to MSU.“We had a little bit of a slow start, so we’ve just been talking about starting faster and getting on top of teams early,” Waite said.The Badgers won their last match at home against Purdue and have won two of their last three matches. Wisconsin is beginning to find a rhythm, and has reduced self-inflicted mistakes.“[Michigan has] won two out of their last three, and we’re playing at a higher level,” Waite said. “We’re having some great surges of play. Allison Wack really came through in the last couple matches, and I think she’s really playing at a great level right now. Everyone else is really training hard in practice. Whether they’re starting or coming off the bench, whatever their role is, they’re really working hard and excited about the second half of Big Ten play.”Wisconsin is playing more confident, but on Saturday night, the Badgers will face a very tough Michigan Wolverines team. UM has won five of its last six games and has been tough to beat in conference play.“Michigan’s a great team, and every time that they come here, we battle,” Wack said. “They’re a team that we typically always have some really challenging, entertaining matches against.”Waite highlighted Michigan’s great players, including setter Lexi Zimmerman and left-handed hitter Alex Hunt. He knows his team is well prepared to face them, though, after learning from its mistakes in the first match in October. “I think the second time through, our team is going to be a lot more comfortable with everything,” Waite said. “We’re just working on a lot of things to improve our game, to make us more consistent, [have] higher percentages, and be the smartest team on the court.”After back-to-back wins against Purdue and Iowa, the Badgers have an important set of games this weekend. Both matches will be tough, but the team has shown it has the potential to compete with any team in the conference.“I think this weekend is very important,” junior Janelle Gabrielsen said. “We saw these teams already, and we lost to them and so we obviously want revenge. We’re going to be in the Field House and it’s Halloween weekend, so it’s going to be a lot of fun and I think we’re going to come out and play hard.”last_img read more

Women’s hockey: No. 1 Wisconsin validates top ranking with sweep of No. 3 Minnesota in weekend Border Battle

first_imgThis singing of “Varsity” had a unique feel to it at LaBahn Arena Saturday night. This time, the Wisconsin women’s hockey team, which had just swept Minnesota not one, but two nights in a row — a feat that had not been done since 2009 — joined in the celebratory singing.Wisconsin (18-0-0, 12-0 WCHA) managed to keep an offensively strong Minnesota (15-3-0, 11-3-0 WCHA) at bay during two days of close competition, but the Badgers showed that they truly deserve their first place WCHA ranking. UW came out on top 3-2 Friday and 3-1 Saturday.The team was well aware of this pressure, but according to sophomore Annie Pankowski, that just made them even hungrier for these wins.“Going into this game, everyone knew that we had our opportunity to get a piece of them, and I think that our team came in confident and we did our job,” Pankowski said.Pankowski had a remarkable few nights of game play, scoring the game-winning goal Friday night during overtime, along with opening up Saturday’s game with two goals.This was, without a doubt, one of the most intense games that the Badgers have seen so far in the season. Pankowski admitted they got tired, but they couldn’t let their fatigue influence their playing, especially against rival Minnesota.“Even if you are tired, it’s just pushing that extra inch, trying to get the puck out, doing anything you can do,” Pankowski said.As is the case with every close game, both games relied heavily on Wisconsin’s defense, especially goaltender Ann-Renée Desbiens. Wisconsin head coach Mark Johnson praised Desbiens, especially her ability to hold off an offense as strong as Minnesota’s.“It’s an opportunity for [Desbiens] to really step up and be challenged against a really offensive club,” Johnson said. “I thought she played very well, made some good saves and earned a real hard victory.”Of course, Desbiens was supported by her defensive core, especially juniors Melissa Channel and Jenny Ryan. Both made sure to assist Desbiens and keep Minnesota away from the Wisconsin net as long as possible.Ryan said the team pushed aside their first-place ranking when it came to their preparations for Minnesota this week, but now it has confirmed Wisconsin’s first-place ranking to not only their critics, but also to themselves.“It really didn’t mean that much to us until we beat this team,” Ryan said. “There are no questions now. We know that we are a very good team and we just proved it.”Sam Cogan also proved something to herself Friday night, when the freshman managed to score Wisconsin’s first goal of the night in the second period.The goal served as a great confidence booster for Cogan and the entire team.“It made the whole team relax,” Cogan said. “It made us think, ‘OK, we can score on them and we can win.’”Friday night was a nail-biting matchup, with all four goals of regulation coming in the second period. The Badgers went into overtime, which ended when Pankowski, assisted by senior defenseman Courtney Burke, finished it off with the winning goal with 55 seconds remaining.Johnson, who has seen multiple matchups with Minnesota both as a player and a coach, said to beat a team like Minnesota, one of the keys would be to use all of his team’s opportunities to its advantage.“Both teams battled hard,” Johnson said. “Both teams capitalized on a couple of opportunities and we got the last chance with a power play in overtime to capitalize on the opportunity.”Pankowski said these wins against Minnesota showed the strength of Wisconsin’s program and proved they’re for real.“I think that we made a statement with these wins,” Pankowski said. “We’re here. We mean business. And we’re looking to win.”last_img read more

St Vincent and the Grenadines recalls UN diplomat after domestic violence…

first_imgSt. Vincent and the Grenadines diplomat is recalled after he was alleged to have abused his wife physically. The St. Vincent and the Grenadines government Monday said it had recalled one of its diplomats accredited to the United Nations amidst a report that he punched his wife, also a diplomat, in the mouth last Friday in the presence of her mother.Recalled for consultationPrime Minister Dr. Ralph Gonsalves said his government had recalled “for consultation”, Sehon Marshall, 43. a counsellor at the island’s Permanent Mission to the United Nations.The government has also instructed Xandra Marshall, the Deputy Counsellor General in New York not to report for work until further notice.Gonsalves said his government is treating the matter “with utmost seriousness” and is considering all the alive legal options in this matter.“From what I have said, you can deduce certain possible conclusions, certain outcomes, really, but, as always, we have to act sensibly, deliberately, firmly as all circumstances and the law and the guiding principles admit,” Gonsalves told listeners to Star FM, a radio station owned by the ruling Unity Labor Party (ULP).Opposition party to recall diplomatThe main opposition New Democratic Party (NDP) had called on the government to recall the diplomat after the New York Post newspaper reported last Friday that police officers who responded to the incident at the family’s home where Mrs. Marshall was allegedly slapped in the face, could not arrest her husband because he has diplomatic immunity.The NDP said that it is ““deeply concerned about allegations of domestic abuse and violence against women” adding that the “reported allegations are extremely serious allegations of violence and domestic abuse and cannot be treated lightly.NDP condemns violence against women“We in the NDP categorically condemn any and all forms of violence against women,” the party said, noting that the incident allegedly occurred as the global community observed International Day to Eliminate Violence Against Women on November 25.Gonsalves said that the government had condemned the alleged incident, which he said “degenerated into domestic violence.The incident occurred less than two weeks after Mrs. Marshall, 36, was appointed, and even before she has signed a contract with the government.Marshall has become the second diplomat who the government  has recalled since 2014.last_img read more

Anthony Davis practices Wednesday, expects to play for Lakers-Clippers re-opener

first_imgLAKE BUENA VISTA, Fla. >> At a Wednesday afternoon practice, there was no more welcome sight for the Lakers than Anthony Davis in uniform.A day before, the star forward had worn dark sunglasses in the ballroom of the Coronado Springs resort where the Lakers have held most of their practices. Since being poked in the eye by Michael Carter-Williams in Saturday’s scrimmage, Davis said he had been feeling light sensitivity, which kept him out of action in the Lakers’ last practice. A scratch splitting his famous unibrow was the only big sign of injury for Davis as he spoke to reporters Wednesday.“Today it’s way better,” he said. “But they told me it’ll only heal over time.” AD Quality Auto 360p 720p 1080p Top articles1/5READ MOREUCLA alum Kenny Clark signs four-year contract extension with PackersDavis wore protective glasses during Wednesday’s practice, which he called “very different,” and there’s a chance he could wear them Thursday when the Lakers re-open their season against the Clippers. But a bespectacled Davis is better than no Davis at all — which the Lakers were worried might be the case.With one of the league’s best scorers, rebounders and shot-blockers now looking on track to play, the Lakers find themselves among the few teams that actually have most of their key pieces. While the Clippers will be without at least Montrezl Harrell and Lou Williams on Thursday night, the Lakers expect to be close to a regular rotation — minus Rajon Rondo who is out long-term with a thumb fracture.Even though the Clippers won’t be at full strength, they’re expecting to have Kawhi Leonard and Paul George, and they’ve beaten the Lakers twice in three meetings.“I think it’s going to be a great measuring stick for where we’re at,” Lakers coach Frank Vogel said. “Obviously we still have a long way to go until we’re playoff ready and this — you don’t sharpen yourself as well against teams that are a lesser opponent as you would a great team.”Davis said there were no other signs of a more serious head injury, like a concussion. He may not necessarily be required to wear the protective glasses on Thursday, but he wanted to give them a dry run in case he does. Vogel said the overnight evaluation will be critical to determine that Davis can play. The team isn’t expected to hold a mandatory shootaround on Thursday morning. Lakers practice early hoping to answer all questions Newsroom GuidelinesNews TipsContact UsReport an Error Trail Blazers beat Grizzlies in play-in, earn first-round series with the Lakers How athletes protesting the national anthem has evolved over 17 years center_img Lakers, Clippers schedules set for first round of NBA playoffs Trail Blazers, Grizzlies advance to NBA play-in game; Suns, Spurs see playoff dreams dashed “We’ve had meetings throughout the last couple of weeks and discussed it so we will be doing something as a unified group,” Danny Green said. “Not just as one team or the Lakers organization and not just the Clippers, but everybody throughout the league, everybody, all the teams that are here have discussed it and hopefully it executes the way we want it to be as far as what unity.”Ten of the Lakers are expected to wear social justice messages on the back of their jersey. Several of them, including Green on Wednesday, have opened press conferences by calling for justice for slain Kentucky EMT Breonna Taylor. After playing just three quarters of basketball through the three scrimmages, Davis said he was eager to get back to the game.“It’ll feel good to get back on the floor,” he said. “Especially since I didn’t play much in this preseason but to be able to get back on the floor and compete again especially when it counts now.”Lakers plan pregame demonstrationWith social justice and race equity issues being one of the NBA bubble’s biggest talking points, it’s widely expected that players will demonstrate during the national anthem as the NBA is set to restart its season.With Jazz-Pelicans and Lakers-Clippers on the first night, the Lakers said they’re aware that they will help set a tone for how the causes they’ve spoken up for will be received in a display of protest on TV. The NBA has done part of that as a league by inscribing courts with “Black Lives Matter.” It’s unclear whether players will kneel, in the style of Colin Kaepernick, but they’re expected to do something together.Related Articleslast_img read more

Australian Open prize money: How much will the winners make in 2020? Purse, breakdown for field

first_imgThe Australian Open has had equal prize money for the men’s and women’s tournaments since 2001. Since then, the French Open (2006) and Wimbledon (2007) have also made their payouts equal between the men and women, giving all four grand slams equal prize money.Here’s a breakdown of the prize money that will be award at the 2020 Australian Open.MORE: Full TV schedule for Australian OpenWhat is the Australian Open purse for 2020?The 2020 Australian Open purse is $48,839,125 for the men’s and women’s tournaments. It’s an increase of 13.6 percent from last year’s purse. In the modern era, grand slams are where tennis players cement their legacies. It’s also where they make a significant amount of their money for the year, especially for those who don’t have lucrative endorsement deals.The 2020 Australian Open has the tournament’s highest purse of all time, though it still won’t break last year’s U.S. Open for the record of highest-paying tennis tournament ever. How much money does the winner get?The men’s and women’s singles champions will earn approximately $2.83 million each.Last year’s winners, Naomi Osaka and Novak Djokovic, won about $2.82 million.The men’s and women’s doubles champions win $522,705, while the mixed doubles champions win $130,676.Prize money breakdown for Australian Open 2020 SinglesMen’s/women’s doubles (per team)Mixed doubles (per team)Winner$2,833,612$522,705$130,674Runner-up$1,420,245$261,352$68,776Semifinal$715,280$137,554$34,388Quarterfinal$361,079$75,653$16,506Round of 16$206,331$42,641$8,253Round of 32$123,798$26,134$4,298Round of 64$88,034$17,194–Round of 128$61,899—-Australian Open prize money compared to tennis’ Grand SlamsTournamentPurseChampion Payout2020 Australian Open$48,839,125$2,833,6122019 French Open$46,822,000$2,524,0002019 Wimbledon$45,995,000$3,486,0002019 U.S. Open$57,238,700$3,850,000last_img read more