Post-Brexit access to global talent of ‘utmost importance’, says IA

first_imgInstitutional and retail investors are investing increasingly in solutions-based strategies, according to the Investment Association’s annual survey of the UK asset management industry.As at the end of 2015, some £5.7trn (€6.6trn) of assets were managed by members of the IA, the same as the revised figure for 2014 but representing 8% growth per annum over the last decade, according to the survey.Eighty percent of the assets managed in the UK as at the end of 2015 are managed for institutional investors, with pension funds remaining the largest client group, at 40%.In terms of asset allocation, alternative asset classes are growing in importance. “[A]llocations outside the mainstream asset classes continued to increase, reaching 19% by the end of 2015,” said the IA.“More than half of assets in this category are now represented by ‘solutions-based’ strategies, as both institutional and retail investors diversify more widely and focus more on investment outcomes.”Large European pension investors recently announced a commitment to investing in “solutions” that contribute to meeting the UN Sustainable Development Goals.According to the IA survey, equity and fixed income allocations fell by 1 percentage point, to 39% and 33%, respectively.Property and cash holdings remained stable at 3% and 6%, respectively.The association said the survey shows institutional investors are shifting away from specialist portfolios back to multi-asset mandates, with institutional assets in multi-asset mandates increasing to 23% by the end of 2015.It said this was probably, at least in part, due to the shift from defined benefit (DB) to defined contribution (DC) schemes, with the latter using multi-asset strategies more.“The shift to DC, in turn, continues to blur the definitional boundary between retail and institutional business,” said the IA.Interest in liquid alternative investments continued to increase, with 2015 marking the first time that growing interest was reported among retail investors.Brexit prepThe IA also linked its survey to the UK’s vote to leave the European Union and preparations for Brexit, noting that the investment industry had “benefited from the free movement of people across the EU” and that “continued access to talent globally is of utmost importance if the industry is going to continue to prosper”.According to the IA, at the end of last year, the UK-based asset management industry ran £1.2trn of assets on behalf of European clients, representing some 37% of total European assets, more than the French, Germany and Italian industries combined.It also noted that the ownership of UK-based asset managers was increasingly international, with US-owned firms operating in the UK now accounting for 47% of the industry’s AUM.Chris Cummings, chief executive at the IA, said: “The industry is now considering the ramifications of Brexit in earnest, and the focus must be on seizing the opportunities that are being presented to continue to grow the UK’s investment hub globally. “The UK asset management industry can, should and will be able to continue to serve thousands of European customers in the future, and there is an exciting opportunity ahead to grow our presence in new and exciting markets the world over.”The IA’s survey comes as French financial regulators this week launched an initiative to encourage UK-based financial firms to set up shop in France.The Autorité de contrôle prudentiel et de résolution (ACPR), the financial supervisory authority, and the Autorité des marchés financiers (AMF), the securities regulator, said: “As all players in the Paris financial market are gearing up for the challenges posed by Brexit, [we] are getting ready to welcome British-based institutions that wish to locate their business in France.”last_img read more

UK workplace pensions reform in limbo after general election vote

first_imgMajor draft occupational pensions legislation introduced by the UK government two weeks ago looks set to be left in the starting gates as a result of yesterday’s vote for an early general election.By a wide margin, the House of Commons yesterday approved legislation paving the way for a December election. The bill still needs to pass through the House of Lords, which is expected to approve it, and parliament is expected to be dissolved on 6 November.Yesterday’s developments have already led to the cancellation of the second reading of the Pension Schemes Bill in the House of Lords, which was due to take place today. A hearing this morning in the House of Commons Work and Pensions select committee to question executives of Clara Pensions, Pension SuperFund and Pension Insurance Corporation, was also scrapped. A spokeswoman for the committee apologised for the lack of notice, saying: “We’re reacting to event as best we can here…we’ll be back at that issue in the new parliament, for sure”. The Pension Schemes Bill was announced in the Queen’s Speech on 14 October and introduced in the House of Lords the next day for its first reading. An initial debate on the bill would have happened during today’s second reading.However, a December election “pulls the curtain down on the government’s Pension Schemes Bill,” said David Everett, partner at pensions consultancy LCP.“In so doing, “ he added, “[it] throws completely up in the air work that has been underway, in one form or another, on a pensions bill since David Cameron was prime minister.“No matter how you look at it, this December’s general election has delivered yet another hiatus for occupational pensions policy delivering further uncertainty for trustees, scheme sponsors and members,” he said.The bill, which had been keenly awaited, includes provisions to introduce a collective defined contribution (CDC) framework, enable pension dashboards, and grant new powers to The Pensions Regulator to tackle corporate misbehaviour.According to Everett, even if Boris Johnson returns as prime minister following a general election it is not clear if the reform legislation will be resurrected and if so, when.“And if he isn’t, then at the very least there is likely to be a long delay whilst the work on the bill is reviewed by the incoming administration.”Speaking to IPE last week, Everett noted that the bill appeared to have cross-party support, and that a new government could very well introduce a bill in exactly the same form.last_img read more

UWI principal says sorry

first_img Tweet Sharing is caring! Share BRIDGETOWN, Barbados, Wednesday May 18, 2011 – Principal of UWI’s Cave Hill Campus and West Indies Cricket Board (WICB) director Sir Hilary Beckles has apologised to former Windies captain Chris Gayle for statements he made in a lecture that sparked criticism and calls for sanctions to be imposed on him.Sir Hilary, speaking at the Sir Frank Worrell Memorial Lecture in St Kitts on ‘Leadership And The Rise And Fall Of West Indies Cricket’, compared Gayle to a Jamaican don. The West Indies Players Association (WIPA) had called on UWI to launch an investigation since Sir Hilary holds a senior position and is involved with several cricket-related activities within the university, and also called for his immediate resignation or expulsion from the WICB and any further dealings with West Indies cricket.Sir Hilary had responded by saying that his words had been taken out of context and that he was speaking about the public perception of Gayle’s leadership.But in a subsequent statement, Sir Hilary has expressed regret, adding that he did not intend to hurt anybody.“I am satisfied that the parts of my lecture which have caused public concern have been misrepresented and misunderstood and deductions made which were not obvious to me or intended. I am now aware of the anguish these deductions have caused in Jamaica and, in particular, an offending reference, which was not intended in any way to be comparative to anyone. I truly regret this,” he said in a statement.“My assessment of leadership as expressed in public images was not intended to produce any negative effect or harm to any cricketer, especially to Mr Chris Gayle, who I consider to be an outstanding West Indies cricketer. I offer this statement of regret in all sincerity.”Last week, Sir Hilary said he was saddened that his academic work had been manipulated and abused to distract from what was important – diagnosing the crisis in West Indies cricket and developing policies to fix it, and assessing how West Indians will treat with the issue of cricketers rejecting the West Indies team.Caribbean 360 News Sharecenter_img 66 Views   one comment Share EducationNewsRegionalTertiary UWI principal says sorry by: – May 18, 2011last_img read more

Man reportedly sets home on fire to kill his daughter after an argument

first_imgOfficials in Minnesota are reporting that they have arrested a 46-year-old man who reportedly set his mobile home on fire to kill his 22-year-old daughter after an argument.The incident occurred Tuesday in Paynesville.Authorities say they received a call from the victim, Jamey Newport stating that her father was going to set their home on fire. During the phone call, authorities reported that Newport than began screaming and coughing claiming that her father had set the home on fire and that she was trapped inside.A responding officer found black smoke coming out of the mobile home and could hear Newport screaming inside. The officer attempted to get inside the home from there rear where he heard the victim screaming, however, he was unsuccessful before the home was engulfed in flames.The officer then went back to the front of the home, where he found the victim’s father John Newport yelling at the victim through a broken window.He then attempted to get back into the home through a door and then through a broken window but eventually retreated.  He was eventually restrained by the officer and taken to a hospital to for treatment on his injuries.Firefighters arrived to the scene and immediately put out the fire and pulled the victim from the home.She was taken to an area hospital where she was pronounced dead.According to the report, the two argued about Jamey’s plans to move out of the home and that John posted on Facebook Friday that he planned to burn down his house.John has since been taken Stearns County Jail and charged with  second-degree murder.  He remains behind bars on a $2 million bond.last_img read more

Sinclair hails CGI’s continued trust in future generation

first_img… credits Academy for helping transition to national sideBy Clifton RossAFTER securing his senior contract for the 2020/21 Regional season, Guyana Jaguars all-rounder Kevin Sinclair hailed Cricket Guyana Inc. (CGI) for its unrelenting faith in the younger cohort of the country’s future stars. Sinclair shot to superstardom internationally after snatching up 4-20 and hitting a crucial 28 in the final of the 2019-20 Regional Super50 tournament, that helped the West Indies Emerging Players (WIEP) earn their rank as a legitimate championship team, after shocking the region and winning their maiden title; at first attempt.Since his regional success, the off-break spinner has transitioned nicely into the Guyana Jaguars 4-Day team as one of their many utility players. After COVID-19 forced the 2019/20 Regional 4-Day tourney to be called off, like it did many other sports, Sinclair ended with 12 wickets from the 8 matches played and a best of 4-28.Glimpses of his class as a batsman peaked as he put together a few decent string of scores with his best of 43 being against the eventual champions Barbados Pride.The right-hander ended with 130 runs after the tournament was stopped in round 8 by the pandemic; but not before earning his selection for this summer’s possible Hero Caribbean Premier League (CPL), where he will represent Guyana Amazon Warriors as their emerging player.Chronicle Sport caught up with Sinclair after he secured his new season contract and the young all-rounder said that it was the trust and confidence in himself, coupled with that of CGI who put their faith in him for yet another season with the Jaguars, that helped him to protect his spot with the 5-time champs for another year.“Well I must applaud CGI because they have been impacting more youths’ careers over the years so to speak. Having said that myself, I, as well, have benefited from being in the academy and by moving up and now being contracted; so I’m grateful because it is my first time being so and I think this will allow me to get going forward,” said an assured Sinclair.Looking back at his rookie year with the Jaguars, who at one point were well on their way to a 6th straight title before encountering a few minor hiccups, including COVID-19; the former Guyana U-15 player said he has learnt much and his time away from the game has allowed him to focus more on upping his cricket whenever the season resumes.Downtime training during the pandemic has also kept the Berbician of Patrick Dam, New Amsterdam in great shape, ahead of both CPL and the Regional season – currently under COVID-watch – which are huge tournaments in Sinclair’s career.“I’m still working at it (my cricket), last year showed that I wasn’t at my best but I strongly believe I will be much better as a player this year. I won’t say that I’m satisfied but I’m putting in most of the work I can put in, at home but I’ve been eager to get back on the field,” he stated.Regarding his team’s chances this season once it is played, the 20-year-old was very confident. During his closing remarks, he backed the former 5-time champs to play to their usual high-level of intensity with the aim of winning.Also, with the experience, youth and talent in the 15-man squad it is easy to see why Sinclair as well as others will fancy the Jags to have a great season.“Looking at it (the 15 players) this year, I’m confident on the squad doing well this season, mainly because it’s a balanced unit,” Sinclair concluded.last_img read more

Elijah Hughes officially won’t return to Syracuse

first_imgHughes completed his redshirt junior year as the Atlantic Coast Conference’s leading scorer in 2019-20, where he averaged 19 points per game and 4.9 rebounds. He was also named to the All-ACC first team.Hughes began his collegiate career at East Carolina before transferring to Syracuse and sitting out a season. Since then, he’s been a mainstay in the SU starting lineup and blossomed from primarily a 3-point shooter in 2018-19 into one of the nation’s top all-around scorers last season. ESPN currently ranks Hughes No. 46 on its list of remaining eligible players for the 2020 NBA Draft, while other mock drafts have him in the early-to-mid second round. While Hughes’ 19 points per game will be difficult to replace, the Orange do return four of their five other starters for 2020-21 — guards Joseph Girard III and Buddy Boeheim along with forwards Marek Dolezaj and Bourama Sidibe. Syracuse has filled 11 of its 13 scholarships. Comments Syracuse forward Elijah Hughes will remain in the NBA Draft and not return to school for his final year of eligibility, according to a report by ESPN’s Jeff Goodman.Hughes first announced he would enter the NBA Draft process on March 21, with a tweet thanking Syracuse. He thanked Syracuse again on Monday night by quote-tweeting Goodman’ report.  Facebook Twitter Google+center_img Published on April 20, 2020 at 9:00 pm Contact Anthony: amdabbun@syr.edulast_img read more

EPL: Man City Keep Winning, United Down Spurs

first_imgPep Guardiola’s Man City continue to look unstoppable at domestic level, having opened up in brilliant fashion with Sane scoring his sixth goal in seven league games after 10 minutes.Though Jay Rodriguez equalised quickly, City were in complete control once Fernandinho’s deflected effort put them ahead after 15 minutes.Substitute Sterling scored his ninth of the season in all competitions four minutes after coming with City’s only late moment of concern en route to a 13th straight win coming when careless defending from Nicolas Otamendi let in Matty Phillips for a consolation.City’s 28 points equalled the tally accrued by Chelsea in 2005 and Manchester City themselves in 2011 – and both those sides went on to win the title – but neither of those teams could match the plus-29 goal difference of Guardiola’s charges.The manager reserved special praise for Sane, describing him as a “special talent” after City extended their unbeaten record in all competitions to a club record 21.Earlier, Jose Mourinho received the response he had demanded from his United side following their humbling defeat at Huddersfield Town as an 81st-minute goal from substitute Anthony Martial preserved their perfect home record.The win, their sixth straight victory in the league at Old Trafford without conceding a goal, moved United on to 23 points, three clear of Spurs as champions Chelsea and Arsenal both marched to within a point of their London rivals.Chelsea boss Antonio Conte, who had shown unusual irritation last week when asked about stories linking compatriot Carlo Ancelotti with his job, seemed rather happier after Eden Hazard’s 51st minute goal earned his side a 1-0 win in the late game at Bournemouth to maintain their fourth spot.Arsene Wenger celebrated a successful 800th Premier League match in charge as Arsenal fought from one down to beat Swansea City 2-1 with second-half goals from Sead Kolasinac and Aaron Ramsey.Liverpool’s Jurgen Klopp got the better of his best friend, Huddersfield boss David Wagner, in a 3-0 win at Anfield where second-half strikes from Daniel Sturridge, Roberto Firmino and Georginio Wijnaldum pushed the Reds to sixth on 16 points.Share this:FacebookRedditTwitterPrintPinterestEmailWhatsAppSkypeLinkedInTumblrPocketTelegram Manchester City maintained their charge towards the Premier League title with a 3-2 win at West Bromwich Albion as Manchester United kept within five points of their neighbours with a 1-0 win over Tottenham Hotspur on Saturday.Goals from Leroy Sane, Fernandinho and Raheem Sterling moved the leaders on to 28 points – equalling the best return after 10 matches of a Premier League season – as irresistible City took their campaign’s tally of league goals to a remarkable 35.last_img read more

Nearing the SCA deadline: Is the market prepared?

first_imgShare StumbleUpon Submit Share ConnectPay ups security investment to combat online fraud May 29, 2020 Related Articles Getting on the path towards Strong Customer Authentication (SCA) compliance should be the “north star of every vendor’s roadmap” said ConnectPay CTO Marius Galdikas, as we move towards the revised final deadline for the new payment security standards set by the European Banking Authority (EBA).The SCA law states mandatory two-factor authentication for online transactions and contactless payments made within the EU.The law officially came into effect on 14 September, 2019. However, with the market being unprepared to roll out the necessary changes by the set date, the EBA pushed the final deadline to 31 December 2020, with a few exceptions which will come into force in 2021.Given that e-commerce scams have been rising – something the pandemic has played its part in – the new reform is expected to provide an extra layer of security for customers.In April of this year, the fraud attempt rate based on transaction value increased by 13% compared to the corresponding month in 2019, according to analysis by ACI Worldwide published on Retail TouchPoints. This emphasises the timeliness of the SCA regulation.But with the new cut-off time quickly approaching, Galdikas is concerned that many are still overlooking the “true impact” of the new laws.He said: “Businesses and PSPs were not ready to handle the high volume traffic alongside setting up the new safeguards, hence the EBA’s permitted delay. Yet a number of them, mostly SMBs, are still unaware of the SCA’s true impact on their activities.“What should not be overlooked is that SCA encompasses not just 2FA, but much more, including dynamic linking and proper messaging to the customer about operations being authorised.”Although he stressed that SCA compliance should be at the top of everyone’s mind, he admitted that many vendors are still wrestling with the consequences of the COVID-19 pandemic, and trying to raise profits after months of imposed lockdown. The European Commission’s refusal to further delay the SCA rules for online transactions could cost merchants up to €90 billion in lost sales for 2021 alone, said payments consultancy CMSPI, fuelling the feeling of “kicking retailers while they’re down”.That being said, global e-commerce retail sales are on the up. The aforementioned ACI Worldwide analysis found that sales were up 209% year-on-year revenue growth. According to Galdikas, implementing SCA-related changes is imperative in terms of avoiding the precipitous levels of fraud rising alongside increasing profits. Yet he believes that SCA requirements failed to consider one of the major subjects – multiple transactions, which may impede the transition of payment service providers (PSPs) to SCA compliance, impacting both retailers and consumers.When making multiple transactions from a single debit account, each payment will now need to be approved separately. However, issuing multiple PIN codes – and doing it fast – for payment verification is not that simple, and requires advanced technological solutions.“Each payment order has a unique ID and requires distinct PIN codes to verify them,” he said. “However, generating many PINs – and fast – becomes tricky, especially for banks still running on legacy systems, which are not up to speed to SCA requirements.”He urged merchants and PSPs to move SCA up the list of priorities to prevent transactional errors, adding ConnectPay already did so in early May by releasing an app which covers multi-factor authentication and one-tap approvals for payments, and is also the basis for numerous innovations to come.The new SCA requirements may still be a head-scratcher for businesses, banks and consumers alike, hence the importance to give it the necessary attention to avoid vital steps being lost in translation.last_img read more

NDC Manifesto: What government has done, will do under Youth and Sports

first_imgThe 2016 manifesto of the National Democratic Congress (NDC) was officially launched by President John Mahama in Sunyani on Saturday.The 80-page document titled “Changing Lives, Transforming Ghana” was unveiled in style at the Sunyani Coronation Park with all the stalwarts of the party present.This was done some four days after President John Mahama presented highlights of the manifesto at the Banquet Hall of the State House in Accra.At the presentation, the President indicated that new sports stadia will be built in the Upper West, Upper East, Volta, Eastern and Brong Ahafo Regions.The achievements of the government in the last four years in Youth and Sports have been outlined in the Manifesto. Also listed are government’s commitments from 2017-2021 if given the mandate on December 7.For the entire 2016 Manifesto of the NDC, click here. The following is the full details of the NDC manifesto promises on Youth and Sports which also fall under ‘Putting the People First,’ one of four thematic areas the manifesto has been divided into. YOUTH & SPORTS The NDC Government recognises that Ghana’s population is youthful, hence the need for policies and programmes that will harness and develop their potential for national development. In line with this, the next NDC Government will continue to invest in job creation for the youth, youth empowerment and sports development. This will create the environment for the youth to attain excellence in the pursuit of opportunities in this country.  It will also enable the youth to excel in local and international sporting competitions.OUR ACHIEVEMENTS In the Youth Sector, the NDC Government has achieved the following:• Established and launched the Youth Enterprise Support (YES) Initiative, which has led to the provision of support for over 100 youth start- ups in one year;• Provided legal backing – Youth Employment Act 2015 (Act 887) for the Youth Employment Agency, which is currently employing about 100,000 youth under its modules; • Created 21,045 jobs under the Rural Enterprise Project;• Created 21,802 jobs under the Opportunities Industrialisation Centres (OIC), National Vocational Training Institute;• Created over 9,000 jobs under the Cocoa Seedlings Production Project;• Revamped the Ghana Broiler Re-vitalisation Project;• Provided training and financial support for over 100 youth under the Youth Enterprise Support (YES) Fund; • Assisted 2,000 youth under the Graduate Business Support Scheme;• Provided support to over 190,000 persons through the Microfinance and Small LoanCentre (MASLOC) finance schemes;• Supported 500 young people through the Gratis Foundation equipment manufacturing programme; • Injected $124 million into skills development under the Development of Skills for Industry Project (DSIP) initiative;• Invested over $200 million in providing support services to artisans under the Ghana Technical, Vocational, Education and Training (TVET) Initiative. In the Sports Sector, we achieved the following:• We completed the construction of the 15,000-seater capacity Cape Coast Stadium with an 8-lane artificial surface running track, two outdoor basketball courts, one handball court, a boxing training court, audience emergency rooms, over 20 guest rooms and four athletic lounges and other facilities;• We won 19 medals at the 2015 All Africa Games held in the Congo, with the Black Queens and the Men’s Lawn Tennis Doubles Team winning gold medals;• The Black Stars placed 2nd in the African Nations Cup tournament held in Equatorial Guinea and qualified for the next African Nations Cup tournament; • The Black Satellites placed 3rd in the Orange African U-20 Cup of Nations Tournament held in Senegal; • We commenced construction of a new boxing- gym and sports complex near the Korle Lagoon in Jamestown, Accra;• We commenced work on the construction of a stadium at New Edubiase in the Ashanti Region;• The Black Queens, Princesses and Maidens have all qualified for both continental and global tournaments;• Ghana won its first ever-Olympic gold medal at any level in any sport at the Youth Olympics in Nanying, China in 2014;• Ghana won its first gold medal in the Commonwealth Youth Games in long jump. OUR COMMITMENT (2017-2021)  Youth Empowerment and Development The next NDC government will: • Increase funding for the YES Initiative to GH¢25 million a year to provide more funds to grow and develop youth entrepreneurship;• Enact a new Youth Act to take care of emerging issues in youth development and consolidate existing related laws;• Refurbish the Azumah Nelson Sports Complex in Accra to serve as a sports and recreational centre for the youth;• Retool and refurbish all eleven (11) Regional Youth Leadership Training Institutes;• Continue mainstreaming youth development issues into national development frameworks, plans and programmes;• Support youth empowerment through enterprise training, business support and the provision of micro credit.SPORTS  The next NDC Government will: • Complete the New-Edubiase Sports Stadium in the Ashanti Region; • Build new sports stadia in the Upper West, Upper East, Volta, Eastern and Brong Ahafo Regions;• Revamp the Winneba Sports College into a full-fledged practical and academic human resource development centre affiliated to the University of Education, Winneba;• Systematically develop a new and effective system through public-private partnership in the management of our existing sports infrastructure;• Renovate and expand facilities at the El- Wak Stadium and redevelop the Nicholson Park at Burma Camp into a mini stadium in collaboration with the Military;• Construct a new multi-purpose indoor sports dome for basketball, volleyball, handball, weightlifting, table tennis and aquatics;• Revive the traditional Inter-Schools and Colleges sports programmes to help unearth talent;• Continue to support our various National Teams to qualify for and win laurels at international competitions such as the African, Olympic, Commonwealth and World Cup Tournaments;• Require the MMDAs to provide well-resourced sports infrastructure in all the districts to enhance the development of sports; • Introduce a policy for an ‘admissions quota’ for talented sports and other creative students in SHS and public universities; • In every region, one of the new community day senior high schools will be fitted and developed into a centre of excellence in sports;• Facilitate the establishment of a scheme to fund sports activities with particular emphasis on the lesser-known sports;• Continue to facilitate the recruitment of qualified technical staff at the district level as sports coordinators to help develop sports at the grassroots level.CONSOLIDATING SOCIAL PROTECTION Social protection has remained an integral part of the broad social development policy of the NDC. It aims to advance the livelihood of the vulnerable in our society including women, children, persons with disability, indigents and the aged. OUR ACHIEVEMENTSWe have:• Achieved the first target of the Millennium Development Goal of halving extreme poverty two years ahead of the 2015 deadline;• Launched the National Social Protection Policy;• Finalised a Social Protection Bill;• Launched the National Targeting Unit to develop the Ghana National Household Registry (GNHR) database and Management Information System (MIS);• Increased the LEAP beneficiary households from 71,000 in January 2013 to 146,074 in June 2016;• Increased the proportion of the District Assemblies Common Fund allocated to Persons with Disability by 50%;• Proposed amendments to the Persons with Disability Act, 2006 (Act 715) to make it consistent with the UN Convention on the Rights of Persons with Disability;• Developed a draft on Ghana Accessibility Standards on the built environment in collaboration with the Ghana Standards Authority to facilitate access for persons with disability;• Introduced the Elderly Persons Welfare Card (EBAN) to 10,526 elderly persons above 65 years to provide 50% rebate on Metro Mass transport fare for the elderly, priority access to all social services, transport terminals, hospitals and banks; • Finalised the National Ageing Bill for submission to Parliament;• Registered over 92,000 people comprising 11,000 prisoners, over 10,000 Persons with Disability, over 10,000 elderly persons, 60,000 LEAP beneficiaries and 1,000 female head porters (Kayayei) free of charge on the NHIS;• Provided LEAP support for inmates of witches camps, state orphanages and leprosaria;• Set up coordinated gender-based response centres at Mallam Atta and Agbogbloshie markets to provide counseling services, humanitarian and psycho-social support to head porters (Kayayei) and other vulnerable market women.Gender We undertook the following activities: • Strengthened the gender legal framework by working on the following bills which are at various stages of completion:i. Affirmative Action Billii. Intestate Succession (Amendment) Bill iii. Property Rights of Spouses Billiv. Human Trafficking Legislative Instrument v. Domestic Violence Legislative Instrument.• Launched the National Gender Policy to mainstream Gender Equality and Women’s Empowerment into Ghana’s development efforts;• Granted educational scholarships to over 300 girls and trained them in masonry and spraying mechanics;• Launched the first Government Shelter for abused women and children;• Shut down the witches camp at Bonyase in the Northern Region;• Provided free NHIS registration for over 800 inmates of witches camps. • We will empower women to take control of their reproductive health.•  We will promote population control.Children We have: • Launched the Justice for Children Policy;• Finalised the Legislative Instrument for child adoption under the Children’s Act 1998 (Act 560);• Finalised Foster Care Regulations under the Children’s Act 1998(Act 560);• Amended the Children’s Act 1998 (Act 560);• Established a Central Adoption Authority;• Initiated a national campaign against child marriages;• Created three additional child assault treatment centres in Effia Nkwanta, Komfo Anokye and Tamale Hospitals to treat abused children;• Implemented the Child and Family Welfare Policy 2015 on pilot basis in 20 selected districts;• Commenced the registration of all 1.7million pupils in school-feeding schools on the NHIS;• Increased the number of children on the school-feeding programme from 440,000 in 2008 to 1,700,000 in 2015.OUR COMMITMENT (2017-2021)  An NDC government will continue to consolidate and expand the interventions that have been implemented over the last four years and introduce additional social protection initiatives to sustain the livelihood of the vulnerable and lift others out of poverty. We will:• Implement a graduation programme that identifies vulnerable persons to be trained and empowered to own their own businesses;• Develop an enhanced national household registry that identifies vulnerable persons and extremely poor persons for support;• Increase leap beneficiary households to 350,000;• Artisanal fishing communities, coastal and inland, and deprived inner city communities including Zongos will not only be targeted for the Livelihood Empowerment Against Poverty Programme but will also be one of the earliest beneficiaries of the Progressively Free S.H.S. intervention while we work to ensure substantial transformation of these communities under the Economic Transformation and Livelihood Empowerment Programme (ETLEP); • Improve access to quality healthcare by continuing to register vulnerable persons including indigents, kayayei, prisoners, aged persons and persons with disability on NHIS; • Pursue the passage of the Aged Bill and the Social Protection Bill;• Improve the targeting of social protection interventions to cater for excluded groups such as out-of-school children, child-headed households, people with severe disabilities, lepers and the aged and urban poor;• Continue the empowerment of kayayei by extending the 1,000 pilot Out-of-School (Kayayei) YEA Programme to cover 10,000 kayayei even as we work to provide them with alternative livelihood opportunities; • Continue the process of registering all 1.7million pupils in school-feeding schools on the NHIS; • Expand the coverage of Elderly Persons Welfare Card (EBAN), to enable more of the aged have preferential access to bankingservices, hospitals and free metro mass transit bus rides;• Upgrade the EBAN card into an electronic card for financial transactions;• Introduce a Special Economic Scheme for Senior Citizens (SPESSEC) under which vulnerable senior citizens above 65 years who are not on any formal pension scheme will be granted a bi-monthly stipend by the State.• Offer special assistance for the education of pupils and students with special-needs including, but not limited to, schools for the blind, deaf, autism and cerebral palsy;• Introduce motorized transport (tricycles) for physically challenged persons. Demonstration models will be presented to the National Federation of Disabled Persons for evaluation;• An additional 30% increase of the District Assemblies Common Fund reserved for Persons with Disability to cater for their free NHIS subscription.last_img read more

Ranking the villains on ‘The Last Dance,’ from the ‘Bad Boys’ to Jerry Krause and even Michael Jordan himself

first_imgMichael Jordan wanted to win badly, and he went to absurd lengths to do so. He turned opponents into enemies and enemies into villains. It didn’t take much imagination for Jordan to turn the “Bad Boy” Pistons — whose game plan was to physically batter him into submission — into archvillains. Other times, as in the case of LaBradford Smith, Jordan used his imagination so well that he created an enemy out of an innocent second-year opponent by pretending Smith told him, “Good game.” MORE: Ranking Michael Jordan’s Bulls championship teammatesIt’s fitting, then, that ESPN’s “The Last Dance” documentary on Jordan and the 1997-98 Bulls highlights villains in each pair of episodes. Every story needs an antagonist, and Jordan’s is no different, even if he had to create some of them himself. Sporting News ranks the top five villains from “The Last Dance”:5. LaBradford SmithSmith wasn’t actually a villain. Truth be told, he was just a young player who happened to have the best game of his career, a 37-point outburst on 15-for-20 shooting, against Jordan in 1993. That was a mistake.Jordan said Smith told him, “Good game, Mike” when Jordan was walking off the court. Jordan said he thought Smith was mocking him, so he vowed to match Smith’s 37 points in the first half the next time they played, which happened to be the next night. Jordan only managed to put up 36 in the first half and finished with 47. Years later, Jordan admitted Smith never told him “Good game” and that he made up the story for motivation. “The Last Dance” revealed other stories that Jordan used for motivation, such as George Karl not speaking to him at a restaurant when the Bulls were playing Karl’s Sonics in the 1997 Finals. It sounds crazy. It was crazy. But it worked.4. Jerry Reinsdorf, Bulls ownerReinsdorf doesn’t come out of this looking too bad. He said in the documentary that he told Scottie Pippen not to sign the long-term contract that made him criminally underpaid at the end of it. He publicly defended Jordan’s decision to leave the Bulls for a shot at an MLB career and even kept paying Jordan his NBA contract when he was in the minor leagues. But Reinsdorf still defends the team’s decision to go into a rebuild despite winning six championships in eight years and having a 33-year-old Jordan. He hired Jerry Krause as general manager and stuck by Krause’s proclamation that Phil Jackson would be let go as head coach even if the Bulls went 82-0 in the ’97-98 season. Reinsdorf didn’t end the Bulls dynasty, but he didn’t keep it going either.3. Michael JordanJordan is a superhero, but also a villain. His villainous behavior included a gambling habit (a “competition problem,” he called it), punching teammates and regularly being a jerk, as first documented by Sam Smith in his book “The Jordan Rules.”When the Bulls drafted Toni Kukoc out of Croatia in 1990, Jordan didn’t like that Krause thought so highly of the forward, so he made life miserable for his future teammate in the ’92 Olympics.Jordan was so obsessed with competition that he even made bets with security guards over who could pitch a quarter closest to a wall, which viewers got to watch in behind-the-scenes footage. He took any jab he could at Krause. Yet many of those traits are also what led Jordan to so much success. He was addicted to winning. In “The Last Dance,” we see the flaws of a man — who was once universally admired — and still root for him with ease. He’s an antihero of sorts, in the realm of fictional characters like Tony Soprano or Walter White. You can’t watch him and think he’s normal, but you also can’t not watch him. 2. The ‘Bad Boys’The name itself is villainous. The Pistons came up with the “Jordan Rules” as a way to stop the unstoppable foe — physically punishing him with hard fouls and constant double-teams. It worked. They beat Jordan en route to NBA championships in 1989 and 1990, the last two years before the Bulls’ first three-peat. Jordan went the first six years of his career without a Finals appearance. Despite ungodly numbers, he just couldn’t get past Detroit. Then, Jordan went into the 1990 offseason, added 15 pounds of mostly muscle, and never looked back.More: ‘Bad Boys’ Pistons’ true greatness swept aside by ‘The Last Dance’When the Bulls finally broke through against the “Bad Boys,” the Pistons’ image as villains skyrocketed. They walked off the court before the final horn when Chicago swept them in ’91. Jordan never forgot.Almost 30 years later, he still thinks Isiah Thomas is an a—hole, which has hurt Thomas’s legacy. Thomas has a legitimate case as the second-best point guard of all time. He orchestrated the Pistons’ offense when they were winning championships. On his way to those championships, he took down Magic Johnson, Larry Bird and Jordan, the three most iconic players of his generation. Yet, he’s not viewed in the same light as those three, which is the price he has to pay for beating — and angering — Jordan.1. Jerry Krause, Bulls GMNo. 1 is obvious. Krause built the iconic ’90s Bulls and then tore them down. He wanted credit for the franchise’s success but never got it. This documentary has brought viewers inside the mind of Jordan, showcasing his obsession with winning. It’s safe to say he would have had success wherever he ended up in the NBA. But Krause surrounded him with championship-level talent in Chicago.He spent the No. 5 pick in the 1987 draft on a lanky kid out of Central Arkansas named Scottie Pippen. He brought in Phil Jackson and Dennis Rodman, traded Charles Oakley for Bill Cartwright, and filled the roster with the likes of Steve Kerr and Ron Harper. Reinsdorf hired Krause in 1985, the year after Jordan was drafted. From that moment on, Krause made it known that organizations won championships, not just players and coaches. The documentary makes it known that Krause so heavily desired credit because of his upbringing.  “Jerry had the little man problem. He grew up a little fat kid,” author Mark Vancil said in the first episode. “He was always the underdog, and he couldn’t control the part of him that needed credit.”With Jordan, Krause was like a man who won the lottery and started giving Ted Talks on how to get rich. To his credit, he won the lottery and didn’t go broke. He surrounded Jordan with one of the best coaches and wingmen of all time, and he ended up in the Hall of Fame because of it.  But Krause was so desperate to prove he deserved acclaim for the Bulls’ titles of the ’90s that he blew up a dynasty to invest his fortune in a 2000s frontcourt of 7-footers Tyson Chandler and Eddy Curry. Krause did deserve more credit than he got, but as “The Last Dance” shows, the blame for ending one of the greatest runs in NBA history outweighs all of it.last_img read more