Yarde and Sisi extend Exile contracts

first_imgPADOVA, ITALY – JUNE 26: Marland Yarde of England runs with the ball during the IRB Junior World Championship Final match between England and New Zealand at Plebiscito Stadium on June 26, 2011 in Padova, Italy. (Photo by David Rogers/Getty Images)EDINBURGH, SCOTLAND – JANUARY 22: London Irish forward David Sisi in action during the Pool two match between Edinburgh Rugby and London Irish at Murrayfield Stadium on January 22, 2012 in Edinburgh, Scotland. (Photo by Stu Forster/Getty Images) LATEST RUGBY WORLD MAGAZINE SUBSCRIPTION DEALS London Irish Academy Manager Neal Hatley said: “Marland and David are two individuals who have come through our Academy EPDG system and have this season proved their worth in the Aviva Premiership and Heineken Cup. They are part of a promising group of young players we are immensely excited about.”London Irish head Coach Toby Booth added: “Both players are talented Academy youngsters who we think have very promising futures. Marland is a natural finisher and has all the attributes to be a great player. David is a very physical player, as well as natural leader, who has made a good impact when required this season.” The talented duo Sisi (L) and Yarde Marland Yarde and David Sisi have committed their foreseeable futures to London Irish, signing new contracts. Marland has signed a two year deal whilst David has signed a one year extension.Marland Yarde, 19, has made three Aviva Premiership appearances this season. Standing 6ft tall and weighing 90kg, he has the physical attributes to go with his abundance of pace, to compete with the best in his position. He was a member of the England U20’s squad that reached the final of the World Junior Championships in Italy last July and has retained his place in the squad for this season’s fixtures.Yarde said: “I joined the club from school and I have learnt a lot in the last few years under the guidance of Neal Hatley, Justin Bishop, Mike Catt and Toby Booth. I have been very pleased with how I’ve performed on the field and look forward to pushing on now at London Irish over the next few seasons.”David Sisi progressed from the London Irish AASE programme into the senior Academy last summer and has made seven appearances for the Exiles this season. He scored his first try for London Irish in the LV=Cup clash against Harlequins earlier in the season. He has also represented England at U18 level. Sisi said: “I owe a lot to London Irish and I’m thrilled to be here for another two seasons. Giselle Mather and Neal Hatley are two coaches I have worked closely with and I look forward to developing further under them and Toby Booth over the coming season.”last_img read more

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Royal Norwegian Navy Trains in UK

first_imgSailors from the Royal Norwegian Navy have spent two days at HMS Raleigh learning to transfer fuel, stores and other essential supplies from ship to ship at sea.The group of six sailors were able to get some hands-on experience of the operations using the Royal Navy’s replenishment-at-sea training rig.The facility is a static mock-up of two ships standing side by side with a space between to replicate the sea.Lieutenant Steinar Vallen of the Royal Norwegian Navy said,“We don’t have a facility like this in Norway, so it means a lot for us to come here to HMS Raleigh.“Replenishment-at-sea is one of the most dangerous operations we do in peace-time, so it’s important for us to do it safely and that no one is harmed.“We have power-point presentations, so we can train theoretically in Norway and we can hook up all the equipment and go through it on deck, but it is the hands on practise, which in my experience is the best thing to do.”During replenishment-at-sea operations ships can operate as close as 30 to 40 metres of each other while underway at sea.Transfers can take place in all weather conditions, day or night, with the ships linked together between heavy tensioned wires, which are used to transfer the loads.The Royal Norwegian Navy is one of a number of nations who use the facility at HMS Raleigh.Sailors from the Royal Netherlands Navy and the Belgian Navy have also been trained in replenishment operations using the rig at the training base in Cornwall.[mappress]Press Release, December 10, 2013; Image: Royal Navy Royal Norwegian Navy Trains in UK Back to overview,Home naval-today Royal Norwegian Navy Trains in UK December 10, 2013center_img Share this article Training & Educationlast_img read more

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When you come to a fork…

first_img 9SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr Bitcoin was once viewed as a promising alternative to the US dollar and other fiat currencies that are controlled by federal governments or national banks. Bitcoin was appealing and newsworthy because it offers near real-time transfer of value (compared to 1-3 days for a bank settlement), anonymity, and virtually free transactions versus credit card merchant charges of 1-3%.Bitcoin: The good old daysIn its first few years starting from when Bitcoins were first minted (or mined in Bitcoin parlance) in January 2009, the currency had limited practical use, limited to transfer between Bitcoin miners and a few computer geeks. Bitcoin ATMs, which allowed individuals to insert dollars in exchange for a piece of paper – the digital representation of a Bitcoin wallet – began to appear. Robocoin, the first ATM vendor of its kind, installed early Bitcoin ATMs in Vancouver and Austin, starting in October 2013. This allowed non-miners to exchange real currency for Bitcoin currency and participate in the promise of a global currency that knew no international boundaries, had no exchange fees, and could be used universally around the world.It could be argued that December 2014 was the peak of merchant acceptance of Bitcoin, a major component of that promise. Bitpay, a startup that enabled merchants, including brick and mortar stores, to accept Bitcoin, purchased the rights to rename the St. Petersburg Bowl, an annual NCAA college football postseason game played in St. Petersburg, Florida, to the Bitcoin Bowl. Leading up to the game, Bitpay enabled many local merchants in downtown St. Petersburg and around the stadium to accept Bitcoin. Several Bitcoin ATM vendors also stepped in and installed Bitcoin ATMs. continue reading »last_img read more

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Derivatives account for two-thirds of annual returns at KPN scheme

first_imgThe pension fund said it increased its strategic allocation from 2.5% to 10%, while also raising its stake in inflation-linked bonds from 12% to 15%. Equity delivered 9.5%, with actively managed global and emerging market equity, and passively managed European equity, returning 11.7% and 5.1%, respectively.The pension fund replaced 5% of its global equities with an equal stake in European equities, “as they were priced more attractively”.Listed real estate, returning 26.2%, was the best performing part of the property portfolio.Actively managed property returned 5.5%.The KPN scheme attributed the 20.5% loss in commodities to falling oil prices and replaced all its passively managed investments – through future contracts – for actively managed holdings in the asset class. According to Cees Michielse, chairman of the scheme’s investment committee, the adjustment was part of a periodical reassessment of the entire investment portfolio.“The fixed monthly extension of the futures appeared to be predictable, allowing other market players, such as hedge funds, to anticipate,” he said.The pension fund also divested its remaining stake in hedge funds.“Already a couple of years ago, we expected better results from equity and bonds, and this prediction has come true,” Michielse said.In December, the KPN Pensioenfonds sold the put options it had used to hedge the equity risk in developed markets.On the back of rising equity markets, these derivatives came at the expense of 0.5 percentage points of the annual return.The scheme said it spent 0.34% of its assets on asset management and 0.03% on transactions.The KPN Pensioenfonds, which has 58,250 participants, is on course to merge with the €900m Ondernemingspensioenfonds KPN – the pension scheme for nearly 2,000 KPN staff who are not employed under a collective labour agreement.The Ondernemingspensioenfonds KPN returned 21.2% last year. As of the end of March, the schemes’ policy coverage ratios stood at 111.2% and 114.3%, respectively. The €7.5bn pension fund of telecoms giant KPN has confirmed that almost two-thirds of its annual return of 22.6% was due to its deployment of derivatives against various risks, including an interest hedge. In its annual report for 2014, the KPN Pensioenfonds said the actual return on investments was 8%.Over the course of the year, the scheme decreased its interest hedge of liabilities – through a combination of fixed income holdings, interest swaps and swaptions – from 85% to 61%.It generated a 10.1% return on its fixed income portfolio, with Dutch residential mortgages returning 9.1%.last_img read more

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NegOcc’s preventive measures vs bird flu in place, says PVO

first_img“However, to further ensure the safety of our poultry industry,gamefowl raisers must avoid going to Luzon, particularly in Nueva Ecija,”Decena stressed. Necessary measures on preventing the entry of avian influenza are beingimplemented like regulating the movement of poultry products, he added. BACOLOD City – The Provincial Veterinary Office (PVO) of NegrosOccidental assured its poultry raisers that safety precautions are in place toprevent the entry of bird flu in the province. In 2017, the bird flu also struck farms in San Luis, Pampanga and the towns of Jaen and San Isidro in Nueva Ecija. A total of 12,000 quails from a farm in Jaen, Nueva Ecija have beenculled and buried on March 14. The Department of Agriculture (DA) confirmed that the avian influenza,under the highly pathogenic strain H5N6, infected a village in Nueva Ecija. Provincial veterinarian Dr. Renate Decenasaid on March 16 that Negros Occidental has a lesser chance of beingcontaminated of the virus since it does not source poultry products from theidentified affected area in Luzon. “We have surplus in supply of poultry products, including chicken, sothere’s no movement of such commodities from the affected place going to theprovince,” Decena said.Negros Occidental already established guidelines on how to safeguard its P7 billionlocal poultry industry. Secretary of Agriculture William Dar, for his part, said that quarantine protocols have been in place in the affected area with a one-kilometer radius, which is designated as a quarantine zone. Some seven kilometers beyond that, meanwhile, will be considered as a surveillance zone. According to the DA, there’s a slim chance that the virus can betransmitted to humans, adding that H5N6 is a virus far less deadly than H5N1. As part of these preventive measures, the PVO, along with the Bureau of Animal Industry, are set to conduct sample testing among birds in identified migratory sites in this province.(With a report from PNA/PN)last_img read more

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