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10 months agoWest Ham boss Pellegrini on Brighton draw: Absolute frustration

first_imgAbout the authorPaul VegasShare the loveHave your say West Ham boss Pellegrini on Brighton draw: Absolute frustrationby Paul Vegas10 months agoSend to a friendShare the loveWest Ham boss Manuel Pellegrini admitted frustration after their 2-2 draw with Brighton.The Irons came from 2-0 down to draw 2-2 thanks to Marko Arnautovic’s brace.Pellegrini said, “I’m absolutely frustrated. “The most important way that Brighton scores is from set pieces, they had seven goals form corners, and we allowed them to score two goals this way. I don’t remember any other chances for them, but we didn’t create in the first 45 minutes.” last_img read more

Large Tanker Orderbook Not as Scary as It Looks

first_imgzoom Based on the delivery schedule of the current orderbook, deliveries of new tankers in 2017 will reach the highest level since 2009, however, Poten & Partners argues that the orderbook may not be as scary as it looks.While, it is difficult to see how the market can absorb such a large orderbook without further pressure on tanker rates and prices, there may be some mitigating factors to consider.The Suezmaxes stand out on the crude tanker side, and if all Suezmaxes that are scheduled for delivery this year leave the shipyards on time, a total of 10.1 million dwt would be added to the fleet, well above the 2009 record of 7.1 million dwt, and two and a half times total 2016 deliveries.The recent high-water mark for VLCCs was 2011, when 65 new units of 20.1 million dwt hit the water. This year, the yards are scheduled to deliver 15.9 million dwt, while Aframax and LR2 deliveries in this year would reach 9.4 million dwt in total. Deliveries for the Panamax/LR1 segment are expected to stand at 2.4 million dwt in 2017.In the smaller product carrier segments, the orderbook for delivery in 2017 is more moderate, compared to earlier years.A total of 77 MRs are scheduled to join the fleet in 2017, while the Handysize vessels seems to have fallen out of favor as only 18 are expected to be delivered during the year.However, the main mitigating factor when considering the above fleet statistics is that there can be significant discrepancies between scheduled and actual deliveries, especially in periods with a challenging rate environment.“Delivery delays and order cancellations picked up considerably after the tanker market dropped in 2009,” Poten & Partners said, adding that VLCCs have the highest average delivery ratio of 80%, ranging from a high of 100% in 2006/2008 to a low of 53% in 2013.Product carrier orderbook statistics appear less reliable and these tankers a low average delivery ratio of around 50%. Even during the strong freight markets of 2005-2008, only 65% of the vessels that were reportedly on order were delivered.“Based on the historical variability of vessel deliveries and its apparent correlation with the freight market, 25-40% of the crude oil tanker orderbook and up to 50% of the product carriers scheduled for 2017 might not be delivered this year. The orderbook remains high, but the outlook for tanker supply in 2017 is better than a cursory look suggests,” Poten & Partners informed.last_img read more

Gildan reports Q3 profit edges lower sales up despite hurricane Florence

first_imgTORONTO – Gildan Activewear Inc. said Hurricane Florence and retailers shifting towards carrying their own private label hosiery and underwear hampered the company’s performance, but it still managed to post a profit.The Montreal-based clothing manufacturer that keeps its books in U.S. dollars saw its third-quarter profit edge lower compared with a year ago as its sales grew 5.3 per cent.The company said it earned $114.3 million or 55 cents per diluted share for the quarter, down from $116.1 million or 52 cents per share a year ago and that its sales totalled $754.4 million, up from $716.4 million in the same quarter last year.However, the brand said about $30 million of its sales were impacted by U.S. weather that disrupted its distribution operations in the Carolinas.“We estimate that we could have shipped another $30 million in the quarter had it not been for the disruption we faced with Hurricane Florence,” said Rhodri Harries, Gildan’s executive vice president and chief financial and administrative officer.“We lost shipping days in our larger distribution facilities in Eden, N.C. and Charleston, S.C. as both in-bound and out-bound shipments were effected due to port and rail closures and the need to temporarily shut down to evacuate employees.”He estimated that half of the sales lost because of the incident would be recuperated next quarter.The company, he said, also continues to face struggle in its hosiery and underwear categories because mass retailers are shifting towards private labels, resulting in Gildan’s lower unit sales of products including socks.Harries expressed optimism about the forthcoming quarter, saying Gildan has secured a private label underwear manufacturing deal for 2019 with its “largest mass retail customer,” which he did not name.He said the deal will mean more shelf space will be allocated to the company’s men’s underwear offerings.“We are well-positioned because the size of the program is quite large,” he said. “There are not a lot of businesses out there that can pull that off…Activewear, T-shirts, sweatshirts and underwear really is our sweet spot.”Harries also revealed that on an adjusted basis, Gildan earned 57 cents per share for the quarter, up from 53 cents per share in the third quarter last year.Analysts on average had expected a profit of 58 cents per share, according to Thomson Reuters Eikon.“With three quarters now behind us, we feel good about delivering on our financial targets for 2018, despite the various headwinds we have faced this year,” said the company’s president and chief executive officer Glenn Chamandy. “We continue to feel good about our long-term growth prospects and the way our strategy is unfolding.”Companies in this story: (TSX:GIL)last_img read more

School District 60 Schools close and no bus service during BC Winter

first_imgStudents are being encouraged to participate and support the games through competition, volunteering and spectating.To view the post; CLICK HERE FORT ST. JOHN, B.C. – The North Peace Secondary School has posted to its website, School District 60 is a partner group to the BC Winter Games and its facilities will be closed during the games.Thursday, February 20, 2020, and Friday, February 21, 2020, the District is participating as a partner group in support of the games. The post shares, this is a substantial community initiative.For the two days, Thursday and Friday there will be no regular instruction at any school sites or bus service.last_img read more

At the whim of a powerful nation

first_imgWhen US President Donald Trump tweeted their full recognition of Israel’s sovereignty over Golan Heights, “a current of surprise and expectation sizzled through the state department press corps”, as a BBC correspondent on a Jerusalem tour following US Secretary of State Mike Pompeo put it. It is said that the welcome surprise to Netanyahu was more in the timing than in substance. The intention that came to highlight through the tweet had been under consideration for quite some time, only the Israelis now pushed it with greater vigour. Of critical security and strategic importance, the Golan Heights is pivotal to stability in the region. For decades, most of the world (and previous US establishments) have rejected Israel’s occupation of the Golan Heights which was seized from Syria in the 1967 Arab-Israeli war. According to the UN charter, essentially, you can’t keep land that you capture, you have to negotiate its fate. Trump’s tweeted announcement has overturned this convention. This very grave move has implications that go beyond the bilateral dynamics of USA and Israel. Endorsing capture of a territory is potentially setting a dangerous trend to exercise military arbitration by a more powerful state. The regions that promptly come to mind at this are: on the global stage, Russia’s annexation of Crimea; in the Asian context, Tibet; and regarding India, PoK, given that Pakistan was USA’s baby not too long ago. Trump’s special mention of strategic and security reasons point out only too clearly to Iran, coming in the wake of the understanding that Iran is using Syria as a base to target Israel and the Golan Heights being the front line. Also, given that Israel already has a tight grip on the region militarily, the articulation of the status and a formal declaration of it make little difference on the ground. Hence, the next most obvious reason for this move has to be the election in Israel due on April 9, and something to count for Netanyahu, who will be making a visit to White House in the coming week. The situation is such that Israel strikes routinely at Iranian targets in Syria, carefully negotiating the situation with Russia, which provides crucial military backing to the Syrian state, a delicate balance indeed. With a civil war-wrecked Syria and a US sanctions-crippled Iran, Israel is in a position to assert claims over the region additionally with the support from White House. This is clearly a mechanism to violate territorial integrity and institutionalise regional instability. European leaders have not taken very kindly to this bilateral bonhomie at the cost of a suffering region. And rightly so. If recognition was so easy to give away, such arbitration raises very pertinent questions about Tibet, Kashmir, and Crimea. All it takes is the whim of a powerful nation.last_img read more

China mulls to buy Russias Su57 stealth fighter jet

first_imgBeijing: China is weighing options to buy Russia’s new Sukhoi Su-57 stealth fighter jet as Moscow has identified China and India as potential customers to acquire its advanced warplane, according to a media report. Described by Russian President Vladimir Putin as “the world’s best military plane”, the Su-57 is a fifth-generation multi-role fighter jet capable of both aerial combat and hitting ground and naval targets. Viktor Kladov, director of international cooperation and regional policy at Russia’s Rostec defence industrial holding company at a briefing at the Langkawi International Maritime and Aerospace Exhibition in Malaysia identified India and China as potential buyers, state-run Global Times reported on Monday. The Chinese air force, which currently has a range of home grown new aircraft including the stealth fighter J-20, besides Russia’s Su 35s, is keeping a close eye on India’s acquisition of France’s Rafale plane adding a new strategic dimension to its air assets. While China has been developing its own new generation military aircraft, it is still heavily reliant on Russian engines for the planes as it is yet to produce a reliant engine of its own. Both China and Pakistan rely on Russian engines for their jointly produced JF-17 Thunder. Also Read – Saudi Crown Prince ‘snubbed’ Pak PM, recalled jet from USChinese defence analyst Wang Ya’nan, the chief editor of Aerospace Knowledge, said the Russia’s offer to sell SU-57 is more attractive to India as China has its stealth fighter. Unlike China, India does not have a fifth-generation fighter, so the Su-57 is an attractive warplane to India, he told Global Times. Wang said although he is convinced of the Su-57’s capabilities, he is less keen to see China buy it because China has already developed its own fifth-generation fighter jet J-20. Kladov said Su-57E, an export version of the Su-57, is expected to receive export approval from Putin in a few weeks. Naming China as a potential customer, he said, “China has recently taken delivery of 24 Su-35 aircraft, and in the next two years will make a decision to either procure additional Su-35s, build the Su-35 in China, or buy a fifth-generation fighter aircraft, which could be another opportunity for the Su-57E.”last_img read more

Live By The Three Die By The Three Is Mostly A Myth

Were the Warriors just unlucky? Their opponents, the Cleveland Cavaliers, were not a particularly good defensive team during the regular season, either overall or against perimeter shooters, although they may be better with Iman Shumpert and Matthew Dellavedova and Tristan Thompson getting more minutes because of injuries. The Cavs forced the Warriors into some bad possessions, but the Dubs also missed on some good looks, shooting just 2-for-11 on corner threes.But there’s also the old adage: Live by the three, die by the three. If your shooters are going to get crazy hot on some nights, isn’t it inevitable that they’ll shoot a bunch of bricks on another, rendering a team’s offense more inconsistent and making it more upset-prone?Let’s look at some data from the 2014-15 regular season. In the chart below, I’ve sorted teams by the percentage of their field goals that were taken from 3-point range. Then I’ve looked at their game-by-game scoring, calculating their scoring range (as I’ll describe it throughout this article) as the span including the middle 80 percent of their games (that is, throwing out their top 10 percent and bottom 10 percent of performances).The Warriors, for instance, averaged 110 points per game in the regular season, while their scoring range ran from 98 points (at the 10th percentile) to 126 points (at the 90th percentile), a 28-point difference. That seems like a wide range … but it’s perfectly normal. The average NBA team this season had a 27-point scoring range. The average range since 1979-80 (when the 3-point shot was introduced) is 28 points.The Warriors weren’t the league’s most three-happy team, however. They were just seventh — behind the Houston Rockets, Cleveland Cavaliers, Los Angeles Clippers, Atlanta Hawks, Philadelphia 76ers and Portland Trail Blazers. So maybe the Dubs were pretty steady, but were those other teams inconsistent?The Cavaliers were inconsistent: Their scoring range spanned 33 points, tied for the second-highest total in the league after Oklahoma City.2Like the Thunder, who dealt with injuries to Kevin Durant and Russell Westbrook, the Cavs went through numerous lineup changes and new “looks” over the course of the regular season. So that may reflect personnel changes more than inconsistency per se. But Houston, which took 39 percent of its attempts from long range (easily an NBA record), had a scoring range of just 25 points, below the NBA average. The three-happy Atlanta Hawks had a scoring range of just 24 points.What’s going on here? Are teams that shoot a lot of threes actually more consistent than others? (Maybe they’re more resilient when facing different types of defenses or benefit from having better floor spacing?)Actually, it’s mostly just because this data is pretty noisy. I ran a regression on all NBA teams since 1979-80 to predict their scoring range based on (i) the percentage of their field goal attempts that came from behind the arc and (ii) their per-game scoring average. Both variables have a positive and highly statistically significant relationship with a team’s scoring range. Teams that score more points have a wider scoring range, and, once you control for that, teams that shoot more threes do also.But statistical significance is not the same thing as practical significance. In the context of an actual basketball team, this result will make very little difference.Suppose, for instance, that a team scores 100 points per game and that 40 percent of its field-goal attempts are 3-pointers — higher, even, than this year’s record-setting Rockets. Its scoring range, according to the regression analysis, projects to be 29.7 points.What about a team that scores 100 points but does so with only 10 percent of its shots being threes? No team has shot such a low percentage of 3-pointers since the 1999-2000 Philadelphia 76ers, but we’ll run the numbers just for fun. That team, according to the regression, would have a scoring range of 28.0 points. So it’s more consistent, but only barely so; its scoring range is only 6 percent narrower. This just really doesn’t matter much.What matters a lot more, of course, is how effective a team is at scoring overall. The Oklahoma City Thunder, as I mentioned, had the most inconsistent offense in the regular season. But their 10th percentile score, 88 points, was still better than two-thirds of the league because they had a high per game scoring average.And Golden State’s 10th percentile score, 98 points, was better than what almost a third of NBA teams scored on average per game. The Warriors will have better shooting nights than they did Sunday, but their bad nights aren’t indicative of a fundamental problem — they’re just bad nights.CORRECTION (June 9, 11:45 a.m.): An earlier version of this article incorrectly said that if the Golden State Warriors had made 3-pointers at their regular-season accuracy rate, they would have won Sunday’s NBA Finals game 117-95. They would have won 111-95. “You’ll shoot your eye out,” I kept thinking while watching Game 2 of the NBA Finals on Sunday. The Warriors hoisted 35 3-point attempts and made only eight of them en route to scoring just 93 points. It was a maddening, sloppy game full of what-ifs. So … what if the Warriors had sunk threes at their normal accuracy rate?1The Warriors shot .398 on 3-pointers during the regular season, which would equate to making 14 of 35 shots. They would have won 111-95. read more

Sexy offense can be distracting

The sensual nature of modern times has seeped into college football. Offense has never been sexier. Whether it’s Penn State’s Spread HD, Oregon’s wide-open zone read or Florida’s shotgun spread offense, teams are piling up both points and “style points” in recent years. In 2008, Oklahoma rode the arm of Heisman winner Sam Bradford all the way to the national title game, smashing record after record in its path, eclipsing the mark for most points in a season. Four-star quarterbacks Bradford, Tim Tebow of Florida, Colt McCoy of Texas and Jimmy Clausen of Notre Dame, defined the 2009 season. But substance doesn’t always translate to success. None of those teams won the big prize last season. Reigning national champion Alabama relied on a stout defense and a run-heavy playbook that would make Woody Hayes smile in its run to the top. The Ohio State offense will attempt to emulate the Crimson Tide’s winning formula in its push for an eighth national championship. That’s not to say OSU will run a “run and hide” offense a la the 2002 national championship team; anyone who has seen the first three games of the season would testify otherwise. But to attain success in football, one must protect the ball. Before the advent of the forward pass and subsequent explosion of offense in the game, field position ranked a close second. Thanks to the speed and athleticism of modern players, that’s no longer true. But that doesn’t mean coaches have forgotten about it. Jim Tressel believes the most important play in football is the punt. The punt is about as sexy as Larry the Cable Guy in a wet suit. Fortunately for OSU and its fans, the Buckeye offense has more than passed the eye test this year, becoming more Boise State than “three yards and a cloud of dust.” Part of that is because of the maturation of quarterback Terrelle Pryor. The reason Pryor has been given the keys to the sports car instead of the minivan this year is simple: He has minimized his turnovers. So long as No. 2 plays smart football, we won’t see the field-position, run-heavy offense Tressel employed following the Purdue loss last season. In fact, OSU leads the nation so far this season with a plus-10 turnover margin. That bodes well for an experienced team with a stifling defense, a balanced offense and a coach that knows how to close out games. In 2009, Boise State, who finished the season undefeated and beat TCU in the Fiesta Bowl, finished second in the nation in turnover margin. National champion Alabama finished No. 4. The top two teams in 2008? Florida and Oklahoma. The top teams in turnover margin that season? Florida and Oklahoma. If OSU is indeed destined for its eighth national title this year, it won’t be determined by Pryor’s numbers or “style points.” It will be because they didn’t shoot themselves in the foot going for the curvaceous blonde with no brains. read more

Villareal boss reflects on painful defeat

first_imgUnder-pressure Villarreal Coach Javi Calleja believes Sunday’s late defeat to Alaves was contentious because of a dubious foul.Javi Calleja’s men are fighting the drop after securing only nine points from ten league games to date this season one place ahead of La Liga’s relegation zone.“It hurts to lose when the points escape you at the end, it is painful” Calleja admitted to reporters after the game, as cited by Football Espana.Guiseppe Rossi, Villarreal, ItalyReport: Former United man Rossi almost went to Barca George Patchias – September 9, 2019 Former Manchester United starlet Giuseppe Rossi almost joined Barcelona.Currently without a club, and having trained most recently back at his old stomping ground of…“We thought we were on course for a good result and we have lost it, now we have to turn the page and refocus ahead of our game in the Copa del Rey.“We were focused entering this game and we knew it would be a matter of details against a rival who can do a lot of damage from set pieces, and in the end, the tie came down to a dubious foul.“We need to keep working and re-find the intensity we showed against Atletico Madrid and Rapid Vienna.”last_img read more

Guardiola set to make changes for Carabao Cup tie

first_imgPep Guardiola is set to ring the changes from his depleted Manchester City side ahead of Tuesday’s Carabao Cup clash against Leicester CityThe City boss welcomed back Kevin De Bruyne against Everton on Saturday but still has a thin squad to choose from with the likes of David Silva, Benjamin Mendy, and Claudio Bravo all sidelined through injury.However, Sergio Aguero could feature for the first time after five matches away with a groin problem.When asked if he might freshen his team up for the trip to the King Power Stadium, live on Sky Sports Football, Guardiola said: “The problem is we don’t have many players [to choose from].“We have a lot of injured players. Some players who played against [Everton] or the last games have to play [against Leicester].”Premier LeaguePremier League Betting: Match-day 5 Stuart Heath – September 14, 2019 Going into the Premier League’s match-day five with a gap already beginning to form at the top of the league. We will take a…Guardiola’s first title of his tenure at the Etihad came with last season’s Carabao Cup success and the City boss is determined to progress further in the cup competition and remain in the hunt on all four fronts.Tuesday’s meeting will be a repeat of when the two clubs met at the same stage of the competition last year, which City won after a penalty shootout.“Of course it is a chance to reach the semi-final,” Guardiola added.“Since we are here in Manchester we never dropped one game – not even a friendly game.“A competition must be respected – like we did last season – and we are going to try to win the game.”last_img read more