Positive growth to resume: SARB

first_imgDomestic inflation “By adopting a forward-looking flexible approach, the MPC was able to provide some stimulus to the slowing economy, while maintaining the focus on its price stability objective,” the Reserve Bank said. The global recovery would also be dependent to a certain extent on the recovery of consumption expenditure in advanced economies. Domestic inflation has also responded to the weak demand conditions, and the inflation rate has reached a level marginally above the inflation target range, the Bank said. 19 November 2009 The Bank noted that the recovery was not expected to be smooth across all countries and regions, adding that a number of risks still persisted. South Africa’s interest rate has been cut by 500 basis points since December 2008. At its last meeting for the year, held earlier this week, Governor Gill Marcus said that the Bank’s monetary policy committee (MPC) had decided to keep the repo rate unchanged at seven percent, leaving SA’s prime interest rate at 10.5%. South Africa’s recovery from the global economic downturn appears to be lagging, says the South African Reserve Bank, while adding that there are convincing signs that the low point of the current growth cycle has been reached and that positive growth will be recorded for the fourth quarter of 2009.center_img According to the Reserve Bank, the global inflation environment remains benign, with wide output gaps as well as lower commodity prices contributing to this outcome. “However, the domestic recovery is expected to be hesitant, driven by the inventory cycle and fixed investment projects,” the Bank says in its November Policy Review, released on Wednesday. “Consumption expenditure is expected to take a while longer to recover.” The global recovery has already been reflected in an improved export performance in the past months. “Even though some risks to the inflation outlook remain, the current monetary policy stance is deemed adequate to moderate inflation further to within the target range, while simultaneously allowing for the resumption of a positive growth trajectory.” Improved export performance Source: BuaNewslast_img read more

SA one step away from mining accord

first_img5 July 2013 Deputy President Kgalema Motlanthe is confident that the Association of Mineworkers and Construction Union (Amcu), a key player in South African platinum, will join the other stakeholders in signing a groundbreaking pact to bring stability to the country’s mining industry. Amcu was the only party to this week’s industry talks – bringing together the government, organised labour and business – that did not sign the Framework Agreement for a Sustainable Mining Industry, saying that it needed to consult with its members. The agreement sets out key steps and processes that will see all parties working together to ensure the stability and sustainability of South Africa’s mining industry. As part of the agreement, parties will desist from provocation, violence and intimidation, and will actively discourage their members from taking the law into their own hands. The government, for its part, will act decisively to enforce the rule of law, maintain peace during strikes and other protests relating to labour disputes, and ensure the protection of life, property and the advancement of the rights of all. Amcu and the National Union of Mineworkers (NUM) have been at loggerheads over membership at the Lonmin Mine in North West province. Addressing the media after the signing of the agreement in Pretoria on Wednesday, Mothlanthe said he hoped it would bring about change for the better in the mining sector. Mothlanthe, who had been tasked with leading the talks by President Jacob Zuma, expressed confidence that Amcu would, after consulting with its members, come to the party and sign the agreement. “We are expecting Amcu to get back soon,” Mothlanthe said. Those that signed the agreement were the NUM, the Chamber of Mines, the Federation of Unions of SA, the Congress of SA Trade Unions, and Mineral Resources Minister Susan Shabangu. Also present at the meeting was Police Minister Nathi Mthethwa, Justice and Constitutional Development Minister Jeff Radebe, and Labour Minister Mildred Oliphant. SAinfo reporter and SAnews.gov.zalast_img read more

a month agoMan City boss Guardiola: Incredible win at Everton

first_imgMan City boss Guardiola: Incredible win at Evertonby Paul Vegasa month agoSend to a friendShare the loveManchester City boss Pep Guardiola admitted his was very happy to leave Everton with a victory.A notoriously tough venue for top teams in recent years, the City boss was happy to tick this game off this season’s fixture list.“In the first half, we started well and were incredible for 25 minutes,” said Guardiola.”After that, we had problems with Sigurdsson and trying to control him.“Everton have incredible players up front and experience in the middle and a good manager, so we knew it would be a tough game.”Every season it is difficult at Goodison Park. With the ball we were outstanding.“They had chances, but we had chances too, it was this kind of game. Football is sometimes unpredictable.”We had a problem in the first half with our high pressing – they had one more player on our left side. It was between 25 to 35 minutes that we had problems.“In the second half we showed, better quality. After Liverpool’s result, it was important to reduce the gap back to five points.“We created problems, arrived in perfect positions, attacking their full backs, but we were not so clinical like we were against Watford.” About the authorPaul VegasShare the loveHave your saylast_img read more

ESPN Predicts Which CFB Team Would Win A 68-Team NCAA Tournament In 2016

first_imgESPN Bracket of College Football teams.ESPN BracketA couple of weeks back, we put together a 68-team college football bracket, attempting to predict which team would win an NCAA Tournament if it happened in CFB for the 2015 season. Our champion: Ohio State. You can view the full bracket here. ESPN has now done the same thing, but for the upcoming 2016 season. Who would win a Final Four … of college football teams? We crown a winner: https://t.co/U3S0DihDoq pic.twitter.com/a4TK3zicb3— ESPN (@espn) March 31, 2016ESPN’s top seeds for the 2016 season, based on preseason polls and their FPI:1-seeds: Alabama, Florida State, Michigan, Baylor2-seeds: Clemson, LSU, Oklahoma, Stanford3-seeds: Notre Dame, Ohio State, Houston, Tennessee4-seeds: Ole Miss, Michigan State, TCU, USCThe predicted champions, from Mark Schlabach and Sharon Katz. (1) Alabama over (1) Florida StateSchlabach’s breakdown: After playing five games in five weeks (and 15 games in the season to date), Alabama and FSU would finally get a weekend off before playing in the inaugural College Football Tournament Championship Game at AT&T Stadium in Arlington, Texas. After a closer-than-expected 27-24 win, Crimson Tide coach Nick Saban would join legendary Alabama coach Paul “Bear” Byrant as the only coaches in college football history to guide their teams to six national championships. Alabama’s defense will lead it to its fifth national title in eight seasons.(2) LSU over (2) OklahomaKatz’s breakdown: And your FPI national champion is — LSU. Well, sort of. If this bracket was played out, FPI would give LSU the best chance to win the tournament, but it would win only about 15 percent of the time. What does FPI see in the Tigers? They return an FBS-high 18 starters, including Fournette, to a team that has been consistently efficient over the past few years. Oklahoma would provide a tough challenge, but ultimately LSU would be favored in a rematch of the 2004 Sugar Bowl, leading to the Tigers’ first national championship since 2007.Alabama and LSU, huh? What do you think of ESPN’s prediction, college football fans? You can view ESPN’s full breakdown here.last_img read more

Global trade tensions fuel St Lawrence seaway shipments as grain demand soars

first_imgMONTREAL — The St. Lawrence Seaway saw its highest cargo numbers since 2007 last year, propelled by a spike in grain shipments and global tariff wars that worked in Canada’s favour.The St. Lawrence Seaway Management Corp. says traffic hit 40.9 million tonnes in 2018, a seven per cent year-over-year increase.Grain made up close to one-third of all tonnage on the 60-year-old waterway, rising 20 per cent from 2017.Bruce Burrows, president of the Chamber of Marine Commerce, says trade tensions between the U.S. and other countries worked to the advantage of Canadian exporters.A Chinese tariff on U.S. soybeans and European counter-tariffs on U.S. corn spurred more shipments from Canada, which enjoyed a strong corn crop last year.Burrows also says early snowfalls fuelled more road salt shipments, while infrastructure demand across the eastern part of the continent yielded higher volumes of other dry goods such as gravel and cement.The Canadian Presslast_img read more

Resident doctors ratify agreement under provincial mandate

first_imgVICTORIA, B.C. – The B.C. Ministry of Finance has announced that members of the Resident Doctors of B.C. and the Health Employers Association of B.C. have ratified an agreement under the Government’s Sustainable Services Negotiating Mandate.According to the Government, the mandate focuses on improving services for people and ensuring fair and affordable compensation.Nearly 1,350 resident doctors working for publicly funded health-care employers in B.C.’s hospitals and public health facilities are represented by RDBC. The agreement includes a three-year term, general wage increases of two percent in each year, and a collaborative approach to addressing workload that will support greater engagement with resident doctors, with the intention of retaining them in B.C. when they complete their programs.To learn more about public sector bargaining in B.C., you can visit the Government’s website.last_img read more

Polls around corner water crisis far from getting over in Okhla

first_imgNew Delhi: With just a few days to go for polling, the residents of Okhla Vihar still wake up to ‘pani le lo pani’ call from vendors on rickshaw carts selling RO ( Reverse Osmosis) water. They have big white water cans which they supply at a cost of 15 Rs to 20 Rs depending upon the floor they carry water. Areas like Batla House, Zakir Nagar, Jogabai, Jasola, Okhla Vihar, Abul Fazal and Shaheen Bagh are still waiting for drinking water.Syed Akhter can’t afford to sleep late, he has to get up early in the morning to buy a water can before he departs to his office. “If somehow I miss to buy drinking water from these local rikcshaw vendors, chances are I might not get water the whole day as I come late from office. I had to rely on mineral water bottle then which proves costly,” Akhter said. Also Read – Odd-Even: CM seeks transport dept’s views on exemption to women, two wheelers, CNG vehiclesSeveral years have passed but the area’s water woes are far from over. Drinking water has always been an area of concern for the locals. Sensing business opportunity, several RO plants have cropped up in the region from where the daily vendors on rickshaw buy water to sell it further to the residents. Submersible water is used for daily chores other than drinking. The hardness of water also results in the low life of the RO machines in the houses. Also Read – More good air days in Delhi due to Centre’s steps: JavadekarThe worst affected areas are Shaheen Bagh and Abul Fazal, two adjoining areas near the Yamuna banks at Kalindi Kunj which have the major scarcity of drinking water. Both areas are still waiting for water pipelines. Though the AAP MLA from Okhla says that much has been done and water is likely to reach most of the areas very soon. “We have provided drinking water in Haji Colony, Gaffar Manzil Extension, Johri Farm, Taimur Nagar Extension and parts of Zakir Nagar. Pipeines have been laid in Batla House, Okhla Vihar, Old Jasola, Ali Vihar, Madanpur Khadar Extension and Nai Basti. We are hopeful to end the water crisesin the area soon,” says Amanatullah Khan, Okhla MLA.last_img read more

Batters Are Getting Plunked At Historic Rates But Why

It’s never been more dangerous to be a major league hitter. Through Thursday’s games, batters had been plunked by pitchers 457 times, struck with a fast-moving projectile made of cowhide and densely wound yarn. Considering that MLB pitchers are throwing harder than at any time in recorded history, it’s safe to assume that getting hit by a baseball has never stung worse.The current rate of 0.41 batters hit by a pitch per team game is the highest since 1900, the same year that the Brooklyn Superbas led by Wee Willie Keeler won the Chronicle-Telegraph Cup. (There was no American League yet and thus no World Series.) This level of plunkings has given us some interesting results — and inevitable dust-ups. On Monday, four Reds were hit by pitches — in one inning, tying a record set in 1893. Mets batters were hit seven times on the hands just through April. Presumably in retaliation, reliever Jacob Rhame threw at the head of Rhys Hoskins, who retaliated himself with the slowest home-run trot since 2015. Rhame was suspended two games.While the rate of HBPs has fluctuated across the game’s history, it was just 0.34 per team game three seasons ago, which is more in line with where it was for most of the 1990s and 2000s. So what is causing the recent spike? It’s a bit of a mystery.There’s one simple explanation: There are more opportunities to hit someone now because hitters are extending counts and pitchers are throwing more pitches. The past two full seasons saw the highest number of total pitches (721,282 in 2018 and 721,279 in 2017, according to Baseball-Reference.com) on record.1Pitch count data goes back to 1988. But even though the raw counts are higher, the share of total pitches that hit a batter last season is also going up: 0.266 percent of all pitches in 2018 hit a batter, the second-highest share on record. Through Thursday, this season has seen a share of 0.274 percent — which would be the highest that we’ve seen.Some speculate that pitchers are just wilder than ever because of a focus on throwing hard in lieu of command. Walks per game (3.44) are well above the average since 1900 (3.19), but pitchers are throwing only fractionally more balls as a percentage of pitches this year (36.7) than the 2009-to-2018 average (36.6).Of course, one specific reason for an HBP is that the pitcher meant to do it. Retaliation is as old as the game itself. And nothing gets a pitcher more snippy than giving up a homer. Balls are flying out of ballparks more than ever before, giving pitchers more opportunities to throw at the offending players. But it’s not just the act of hitting a home run, it’s what can come next: Don’t flip your bat or stand too long watching it or lollygag around the bases or trash talk the opposition in mid-trot. This year, Tim Anderson was beaned for flipping the bat too aggressively at his own dugout.Furthermore, with home runs all the rage, pitchers may seek to expand the strike zone by moving batters farther away from home plate, effectively making the outside part of the plate more out of reach. Miss just a little in to a hitter in midlean over the plate and … kerplunk.While we can’t measure the pitchers’ intent, we can measure where pitches are being located. According to data from Baseball Savant, more pitches than ever before are being thrown on the inside third of the plate and off the plate to the inside. Through Tuesday’s games, more than 32 percent of pitches were inside, which is the highest rate since pitch location was first tracked in 2008. This rate is up more than 3 percentage points from 2008, which may not seem like much on first blush but would equate roughly to an increase of more than 30,000 inside pitches.With more pitches directed inside, more batters are bound to get hit. But how much of that is on the batters themselves? Even as far back as 1997, players were bemoaning how hitters could treat the batter’s box like they owned it.”Today’s game, you see guys digging a little trench in there,” Hall of Famer Tony Gwynn told The New York Times. “I just get flashbacks and wonder if they would do that if [Bob] Gibson or [Steve] Carlton or [Nolan] Ryan or [Tom] Seaver were out there. You can’t let a hitter go up there and think he controls both halves of the plate. If you bust a guy in, keep him honest, get him off the plate, you might be able to get him out away.”Gibson, a Hall of Famer and the man largely responsible for the lowering of the mound, was viewed as a tiger on the field. He once dusted Reggie Jackson at an old-timer’s game. (Jackson had homered off of Gibson in a similar game the previous year.) After his close friend and teammate Bill White was traded, “Hoot” immediately plastered him on the elbow. And slugger Dick Allen said, “Gibson would knock you down and then meet you at the plate to see if you wanted to make something out of it.”But Gibson hit “just” 102 batters in 3,884.3 career innings, or 0.24 per nine frames. That ranks 359th out of the 471 pitchers who threw at least 1,000 innings and hit at least 50 batters, according to Baseball-Reference.com. So the guy whose Hall of Fame bio says he “may well have been the most intimidating pitcher in MLB history” hit batters at a rate well below the hurlers of today’s game.The pitcher today placing opposing trainers on the highest alert is Charlie Morton of the Tampa Bay Rays, who has led his league in hit batsmen four times in the past six years — despite never pitching more than 170 innings in any of those years. Morton nails 0.78 batters per nine innings, a career rate last exceeded by Ed Doheny (0.90), who retired in 1903. Morton’s ERA this year currently stands at a career-best 2.64. And in 2018, with the Astros, his .833 winning percentage led all of baseball: His 15 wins were one fewer than the number of batters he tattooed.Neil Paine contributed research.Check out our latest MLB predictions. read more

Wimmers could return as soon as this weekend

“He’s progressing day to day and getting better,” pitching coach Eric Parker said. “We’ll keep evaluating, especially in the middle of the week, and see where he’s at.”To this point, Wimmers — a Pitcher of the Year quarterfinalist — has only been lifting, rehabbing and throwing on flat ground. Tuesday marked his first bullpen session since the injury.Wimmers himself hopes he will be ready to return to game action as soon as this weekend.“I’m trying to get back for this weekend,” Wimmers said, “trying to get back for Saturday or Sunday.”The Buckeyes head to Iowa City, Iowa, Thursday to take on the Hawkeyes in a critical three-game series. However, the coaching staff isn’t as optimistic as Wimmers that he’ll be ready to go this weekend.To ask him to pitch this weekend “would be a lot to ask of anyone,” Parker said.Coach Bob Todd went even further, saying that he won’t know if Wimmers will travel with the team until they leave on Thursday.“He’s obviously got a bright future and we’re not going to do anything to jeopardize that,” Todd said.Wimmers acknowledged that he needs to recover fully before he can take the mound for the Buckeyes and that the coaching staff will ensure that.“I don’t think anybody would let me go out there if I was just 90 percent. I have to be 110 percent in order to go back out there,” Wimmers said.So far this season, Wimmers has been dominant, posting a 9-0 record with a 1.61 ERA.With just six conference games remaining, the Buckeyes could use their ace as they are just one game out of first place in the standings. Wimmers is all too aware of the team’s situation.“It’s killing me,” Wimmers said about not being able to pitch. “With the conference as close as it is, you just want to be out there helping your team as much as possible.” Ohio State pitcher Alex Wimmers threw off a mound Tuesday for the first time in nearly three weeks. The Buckeye ace has been sidelined since pulling his left hamstring during a pregame stretch at Michigan April 30. read more

Football Confidence is the key for Ohio State right tackle Isaiah Prince

OSU then-sophomore offensive lineman Isaiah Prince (59) waits for the ball to snap during the first half of the Buckeyes game against Nebraska on Nov. 5. The Buckeyes won 62-3. Credit: Alexa Mavrogianis | Former Photo EditorThey were all in redshirt sophomore right tackle Isaiah Prince’s head; the often-vicious criticisms, complaints and calls for him to be replaced. These critiques came early and often negatively affecting his mindset which, in turn, resulted in poor play. “Every time I’d make a mistake, I’d hang my head and I’d be so frustrated,” Prince said Monday. “It would just build up play after play after play.”But, Prince is different this year. At least that’s what his teammates and coaches say about the second-year starter.Prince, whose function resembled that of a turnstile against the Penn State defensive line in the fourth quarter of the Buckeyes’ only regular-season loss last season, was called one of Ohio State’s most improved players by coach Urban Meyer at a press conference Monday afternoon.“That’s not just out there in practice, but with (strength and conditioning) coach Mick (Marotti) with the bend and with all the things he’s struggled with,” Meyer said. “He’s a very serious player right now.”The long-term project to reinvigorate the offensive lineman’s mental psyche began months ago. After Ohio State’s thrilling 30-27 double-overtime win over Michigan on Nov. 28, 2016, Meyer sat down with Prince to reinforce the confidence he had in the right tackle entrusted to protect redshirt senior quarterback J.T. Barrett.“(Meyer) was just like, ‘You’ve got to keep going, I still trust you to get the job done. It’s your first year starting and you’re going to make mistakes,’” Prince said. “He just gave me that reassuring confidence to go out there and keep going”According to his teammates, that message was well-received.In the days leading up to the Fiesta Bowl against Clemson and, once again, in spring practice, redshirt senior center Billy Price lauded his attitude. Senior left tackle Jamarco Jones barely let a reporter finish his question in an interview Monday after practice before jumping in to extol Prince’s confidence level heading into the 2017 season.“He’s very confident right now. Everybody in the program is confident in him too from what he’s done these first couple weeks,” Jones said. “We always knew what he could do, it’s just a matter of going out there and doing it whether it’s execution of fundamentals or whatever it was.”OSU junior offensive tackle Isaiah Prince (59) walks down the sideline during the Spring Game on April 15. Scarlet beat Gray 38-31. Credit: Alexa Mavrogianis | Former Photo EditorOffensive line coach Greg Studrawa believes the solution to Prince’s struggles with confidence is simple: the right tackle must be shown why he made the mistakes.“When guys start making mistakes, the first thing they do is get down on themselves, Studrawa said. “What you’ve got to do is revert back to your training, trust your technique. And that was his first time starting. He made some mistakes. He saw those, he’s worked on those.”Studrawa said his attention to detail isn’t close to where it was last year. In 2016, the Buckeyes gave up an average of 2.15 sacks per game, the most per contest by the program since 2012. The 28 sacks allowed ranked them as the 71st-best at keeping the quarterback off the grass in the country. Prince wasn’t the only culprit in the weaker-than-normal Ohio State pass protection, but he stuck out in a line including Jones, a true freshman in right guard Michael Jordan and two first-team All-Americans – center Pat Elflein and Price.When looking back on the film, Prince said he has worked on playing lower and improving his footwork as he believed his pass protection skills weren’t where they needed to be last season.Jordan echoed Meyer, praising Prince as one of the most improved players on the team. He added that Prince has honed his ability to drop back in pass protection and has even been working with younger lineman, specifically freshman Thayer Munford.So, after dealing with a year’s worth of criticism, is Prince tired of talking about last year and ready to move on to the upcoming season? He claims he isn’t.“I learned a lot from last year,” Prince said. “I mean, without last year, I wouldn’t have had this growth. I’m just thankful for it.” read more