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De’Aaron Fox, Josh Jackson get their turn to show what they can do

first_imgEL SEGUNDO >> The Lakers continued the business of draft preparation Tuesday, holding separate workouts for two of the players they are considering taking with their No. 2 pick in next week’s NBA draft.The Lakers hosted a 75-minute morning workout with Kentucky guard De’Aaron Fox, who tried to impress the Lakers with his conditioning and effort while alleviating concerns about his shooting. After having lunch with Fox, the Lakers then held an individual workout for Kansas guard/forward Josh Jackson less than a week after watching him train in Sacramento.Meanwhile, the Lakers are planning a second workout for UCLA guard Lonzo Ball and their first workout for Washington guard Markelle Fultz, widely believed to be the players the Boston Celtics will take with the No. 1 pick.“The point guards in this draft are really, really, really good and are special,” Jackson said. “I don’t think you can look past anybody in this draft, point guard or forward. It doesn’t matter. This is a really good draft class and probably one of the best I’ve seen in the last couple of years.” AD Quality Auto 360p 720p 1080p Top articles1/5READ MOREUCLA alum Kenny Clark signs four-year contract extension with PackersJackson, who can play shooting guard and small forward, touted his versatility and ability to defend both positions. He also downplayed any possible complications that could come from playing with Lakers small forward Brandon Ingram. He brought up the recent NBA Finals matchup between Golden State and Cleveland to explain why.“When it’s winning time, there is no five-man (center) on the court,” Jackson said. “There is no four-man (power forward) on the court. There is pretty much forwards and guards all playing at the same time. I don’t really think me and Brandon playing in the same position would cause any problems. I think it would be really special.”The Lakers insist they are keeping an open mind on whom they will select with their No. 2 pick. Still, the sentiment around most NBA circles is that they will select Ball despite the fact some in the organization were not impressed with his conditioning during his first workout.Does Fox draw any motivation from those projections?“Yeah, you can say that with anybody,” said Fox, who also worked out in front of the Lakers and other NBA teams through his sports agency this month. “But right now, I’m just worried about myself.” Newsroom GuidelinesNews TipsContact UsReport an Errorcenter_img Fox downplayed whether the general public has not fully appreciated certain aspects of his game.“I think there are,” Fox said. “But at the end of the day, we’re all going to play basketball and going to get drafted no matter what.”That also explains why Fox said he made little of outperforming Ball in the Wildcats’ NCAA Tournament Sweet 16 victory over the Bruins in late March. Fox scored 39 points, a tournament record for a freshman, while Ball had 10 points, eight assists and four turnovers.“It doesn’t matter. It’s college. You put that behind us,” Fox said. “Kyrie (Irving) was the No. 1 pick and Isaiah Thomas was the last pick. So you see how that worked out. They’re both playing extremely high level of basketball.”Instead, Fox found more importance in highlighting his strengths and addressing his weaknesses.Though he averaged 16.7 points on 52 percent shooting during his lone college season, he also shot only 24.6 percent from 3-point range. The 6-foot-3, 187-pounder said he has since devoted most of his training toward bulking up and improving his shooting accuracy.“I felt like I shot the ball well,” Fox said. “I showed I can play point guard, getting up and down the court. Even if I was fatigued, I felt like I could probably do it.”Fox performed those duties with his dad, Aaron, watching. Incidentally, Ball’s outspoken father, LaVar, was not at his Lakers workout.As for Jackson, he conceded he “was a little more in shape” for his second workout. After working with his personal trainer during his first workout in Sacramento, he spent part of Tuesday’s workout learning the offensive sets and terminology the Lakers use.Jackson touted his quickness, versatility, athleticism and passing. Though he averaged 16.3 points and 3 assists while shooting 54.9 percent during his lone season at Kansas, he considers his shooting stroke and ball handling as areas he needs to improve.Jackson was acknowledged his adjustment to the NBA will go beyond X’s and O’s.“I have been taking an anger management course,” Jackson said. “I’m just wrapping it up right now. It’s just something that I had to do. I learned from the mistake I made. I’m making it through it.”What did he learn?“One of the biggest things I got out of it was just to worry about the things I can control and not to worry about the things that I can’t,” Jackson said. “It sounds so simple.”last_img read more

“Fundamental Assumption” in Zircon Dating Called into Question

first_img(Visited 129 times, 1 visits today)FacebookTwitterPinterestSave分享0 A commonly-used dating method has been threatened by new findings that undermine assumptions.Crystals of zircon often contain uranium and have been used for a long time to date rocks into the millions-of-years range. The assumption has been that the parent (U) and daughter (lead, Pb) remain locked in the tight crystal lattices of zircon, so that mineralogists can accurately measure ratios of the elements resulting from radioactive decay. That assumption has been called into question by a new paper just published in Nature Communications. First, the impact:Our findings have important implications for the use of zircon as a geochronometer, and highlight the importance of deformation on trace element redistribution in minerals and engineering materials.Now, the reasons for the concern:Trace elements diffuse negligible distances through the pristine crystal lattice in minerals: this is a fundamental assumption when using them to decipher geological processes. For example, the reliable use of the mineral zircon (ZrSiO4) as a U-Th-Pb geochronometer and trace element monitor requires minimal radiogenic isotope and trace element mobility. Here, using atom probe tomography, we document the effects of crystal–plastic deformation on atomic-scale elemental distributions in zircon revealing sub-micrometre-scale mechanisms of trace element mobility. Dislocations that move through the lattice accumulate U and other trace elements. Pipe diffusion along dislocation arrays connected to a chemical or structural sink results in continuous removal of selected elements (for example, Pb), even after deformation has ceased. However, in disconnected dislocations, trace elements remain locked.This means that parent and daughter elements in the radioactive decay chain are not locked into the crystal: they can move.Our results demonstrate the importance of deformation processes and microstructures on the localized trace element concentrations and continuous redistribution from the nanometre to micrometre scale in the mineral zircon. Dislocation movement through the zircon lattice can effectively sweep up and concentrate solute atoms at geological strain rates. Dislocation arrays can act as fast pathways for the diffusion of incompatible elements such as Pb across distances of >10 μm if they are connected to a chemical or structural sink. Hence, nominally immobile elements can become locally extremely mobile. Not only does our study confirm recent speculation that an understanding of the deformation microstructures within zircon grains is a necessity for subsequent, robust geochronological analyses but it also sheds light on potential pit-falls when utilizing element concentrations and ratios for geological studies. Our results have far-reaching implications for the interpretation of local elemental variations in not only deformed minerals but also a range of engineering materials.The authors do not provide any specific examples of rock dates being misinterpreted either as older or younger, or by how much the error could be. They only show that a “fundamental assumption” in the dating method is not true; the elements can move quickly and become “extremely mobile.” For this reason, they warn, “when interpreting local elemental and isotopic variations in both deforming and deformed crystalline materials, a thorough characterization of deformation-related dislocation structures is essential.”This is not the first time zircons have been called into question as geochronometers. See “Geological Theories Are Not Set in Stone” (1/07/16), “Major Scientific Revolutions Are Still Possible” (11/24/15), “How Rocks Can Look Older Than They Are” (4/08/15), “The Trouble with Zircons” (3/25/13), “Uranium-Lead Dating Fraught With Discordance” (1/08/13), and “Discovery Upsets Geological Dating” (11/17/11).We do not know the degree of impact this paper will have on interpretations of rock ages other than the authors’ warnings that the implications could be “far-reaching”. Creation geologists may wish to dig into the details of this open-access paper and offer comments below. Perhaps the consequences will be minimal; perhaps not. It depends on how it affects standard methods of measuring elemental ratios.Even if the impact of these findings is low, there will still be problems with other assumptions. Creationists may remember the findings of ICR’s RATE project that showed unexpected helium retention in zircons under high heat in deep wells (see explanation by D. Russell Humphreys at ICR). This new paper appears to present a possible significant challenge to another leading assumption about zircon dating that would reinforce the RATE finding. For if lead can diffuse around in the crystal, how much more the slippery, lightweight noble gas helium?If nothing else, this paper points out that long-age dates are not “set in stone” like some kind of sealed time capsule. You have to make assumptions to interpret a measurement, and assumptions are subject to change. So what other dating methods will have their assumptions questioned in the future? Be careful when scientists offer “proof” of long ages.last_img read more

History meets fashion in ‘Hector’ label

first_img14 June 2012 Three young people from Soweto in the south of Johannesburg have begun an enterprising journey to uplift and inspire the young people of South Africa, in memory of late student activist Hector Pieterson. Sina Molefi, a half-sister to Pieterson, together with Zuza Mbatha and Tera Gaju, call themselves “activists of Hector Pieterson”, and say they are not out to exploit his name for money, but to use it to make a creative impact on the youth of South Africa whilst creating a legacy for his family. The three started a fashion label in 2007 – which they named after Pieterson – under Abasha Innovations – a closed corporation company they run jointly. They used the brand to commemorate not only the now world-famous teenager, but also all the other victims of the fateful day of 16 June, 1976 – the beginning of the Soweto uprising. Abasha is an isiZulu word that means “young people”. Since its establishment, the aim of the brand has been to preserve the valuable contribution of the youth of South Africa through fashion. Some of the items currently available include accessories like caps and handbags, while they also have ranges in T-shirts, skirts, dresses and suits. The trio’s clothes were initially sold at independent retail stores like the Y Shop in Rosebank and Cyberzone at the Carlton Centre in the Johannesburg city centre, but the team decided to expand and make it available through other channels. And so with their collective vision they began with plans to open a clothing store, which they hope will take his legacy to new heights. The store, expected to open in August, will be located outside the Hector Pieterson Museum in Orlando West. Their immediate plan is a modest one that involves operating the business out of a shipping container to start with, with the hope of venturing into a larger, more conducive space in future. One of the most immediate challenges for the team is securing sponsors for the store. Another idea they had was to get an advertiser to use the container space for exposure of their brand, which would in turn help them finance the day-to-day running of the store. But even that is proving to be a struggle. Once the store is up and running, the items sold will be directly available to their target market, young people in Soweto as well as to visitors to the memorial site. Fashion meets history The fashion identity of the “Hector Pieterson” label is a combination of South African township trends and urban styles, and was started with the hope that it will mean something to young people. “If young people and maybe even adults are wearing the clothes, they will help keep the memory alive,” says Mbatha. He hopes the story of 1976 is alive every day and inspiring change in the youth. Molefi, who is the creative director for the label, is responsible for the designs. She studied fashion design at Parktown College. Mbatha, who has also worked with well-known fashion label Loxion Kulca, manages the operations of Abasha, while the sales and marketing responsibilities of the label lie with Gaju.The Hector Pieterson Foundation The team at Abasha have not left their plans to inspire change entirely up to the success of the store. The company has also signed a binding agreement with the Hector Pieterson Foundation to further help support and empower young people. All profits from the label will go towards the foundation, which was started by Hector’s mother Dorothy and another sister Antoinette Sithole. The foundation’s work focuses on rehabilitating young people from broken families as well as orphans, and inspired by the childhood story of Dorothy, who herself was an orphaned at the age of 10. “The idea behind the foundation is to keep the memory and legacy of Hector Pieterson for generations to come,” says Sithole. The Abasha team hope this process will assist youth projects in previously disadvantaged communities. “Our mission is to uplift youth who are involved in different projects and initiatives so that they can inspire change,” says Mbatha, whose vision for the brand has not changed since its inception. “The youth must come up with their own ideas to create jobs, not just to make money.”The brand’s vision The Hector Pieterson brand will not be confined to South Africa only. Once the label becomes successful locally, Abasha plans to market it overseas and make it available for online purchase as well. “The struggle of apartheid is understood by people around the world and is recognised globally, as there are countries who have overcome similar trials and struggles for freedom,” says Mbatha. He also makes it clear that the label is not meant to be associated with June 16, 1976 or youth month for that matter. “The store will be an on-going, independent commitment to uplift the youth,” he says. “It will be a reminder to all South Africans of the sacrifices that were made for them to enjoy their democracy.” If all goes well with the store and the foundation, Abasha hopes to expand their operations towards designing school uniforms as well. All sales of uniforms made from schools that buy from them will be generously matched by Abasha in the form of donations to disadvantaged schools. “If, for instance, we make a sale of 20 000 school trousers, we will donate another 20 000 school trousers to a school in need of them,” says Mbatha.Support from South Africa The Hector Pieterson fashion brand will showcase its newest items of fashion and accessories at this year’s South African Fashion Week from 30 August to 2 September. Items from the store can also be purchased during the event at the pop-up store at Sandton City. Clothes from the label will also feature on the big screen. Veteran director Faith Isiakpere, a former senior producer at the BBC and filmmaker, approached Abasha last year to provide some of the wardrobe for her upcoming musical Cry for Love, a film inspired by the 2008 xenophobic attacks in South Africa. The clothes can be seen worn by well-renowned local artist Yvonne Chaka Chaka and actor Leleti Khumalo in the film. First published by MediaClubSouthAfrica.com – get free high-resolution photos and professional feature articles from Brand South Africa’s media service.last_img read more

Gift of the Givers 25 years of philanthropy: Dr Livan Meneses-Turino

first_imgIn a series of five articles, we share stories from Gift of the Givers volunteers in their own words as the organisation marks its 25th year of serving humanity. Dr Livan Meneses-Turino is an orthopaedic surgeon and in this, the final article, he describes Gift of the Givers as a family. He joined in 2010, and has never regretted serving mankind.Dr Livan Meneses-Turino with children he helped in the Philippines. (Image: Gift of the Givers)Sulaiman PhilipDr Livan Meneses-Turino: HOD of Orthopaedic Surgery in Northdale Hospital, PietermaritzburgWe are very often faced with decisions that are considered life or death. I hope and pray that those decisions are forgiven.In Haiti, we were faced with many casualties needing urgent attention. I remember a young man who had been trapped under the rubble. His left arm was severly damaged. Dr Duwayne Carlson, an American orthopaedic surgeon, spent the entire night trying to save his limb but could not stop the bleeding. My team mate, Dr Johnny de Beer, decided to perform an amputation of the patient’s upper limb to save his life. Carlson was devastated, but we prayed together and he came to understand that our mission involved the need to make aggressive decisions quickly to save lives.I came to South Africa from Cuba in 2001 as part of a programme to bring Cuban doctors to work in areas where doctors were scarce. My first mission with Gift of the Givers was to Haiti in 2010, and I’ve been a part of this family since then and have never regretted a single minute spent serving our fellow humans.In Palestine, volunteers got to teach surgical methods that had never been practiced there before, (Image: Gift of the Givers)I am a trauma doctor and orthopaedic surgeon, these are my modest skills, but I have been an assistant nurse, organiser, handyman. Like everyone else, I am there to do whatever is needed on a mission.Dr Meneses-Turino at work saving lives in Nepal. (Image: Gift of the Givers)If I am away from the hospital, whether I’m on holiday or abroad at conferences or congresses, I let Imtiaaz know so he can contact me in case of emergencies. My bags are always ready because I am among the first group that goes. I save my leave days to use for missions, but if I am called, my management board and colleagues are quick to back me. It is always difficult to leave our families behind but it is our duty to serve, and we could not do it without the help and understanding of the people around us.Its something I see with Gift of the Givers, we give without expecting anything in return. We serve, no we are blessed, to have a leader like Dr Sooliman who was sent from above. [He] is the most humble and dedicated person I have ever come across.I learnt in Haiti that to be succesful in what we do we need to be organised and prepared, and not just from a professional perspective but psychologically and spiritually as well, and Dr Sooliman is the calm centre that makes that possible.I pray that I am given the strength to continue to serve. Not only because we offer assistance where and whenever it is needed, but also because I learn so much and we leave behind a legacy. Going to Palestine in 2014 was one of the best things that has happened to me. There were 100 volunteers and I was one of only 10 that were allowed to enter. I was able to train Palestinian surgeon on how to do a pelvic surgery, a skill that had never been developed there.Dr Meneses-Turino in Nepal after the earthquake. (Image: Gift of the Givers)Another example came from our service in Nepal after the earthquake in 2015. When we arrived we found that surgeons were struggling with the number of casualties suffering from pelvic fracture injuries. Pelvic surgery is my sub speciality, so we decied the best way forward was to teach local surgeons how to treat this trauma. In the beginning we operated together with Nepalese surgeons, but soon they were doing cases on their own. I was at the European Federation of National Associations of Orthopaedics and Traumatology (EFORT) Congress in Austria this year and saw a paper about pelvic and acetabular surgery  written by doctors from the Nepal Medical College Teaching Hospital in Kathmandu. That was such a heartwarming surprise.Our first profile was on medical co-ordinator, Dr YM Essack. Click here to read more.To find out how beekeeper, Owen Williams, has contributed to the organisation, click here.Emily Thomas, who works in logitistics at Gift of the Givers shares her story.Ahmed Bham is the head of search and rescue. Read his story here.The Gift of the Givers volunteers consider themselves part of one large family. (Image: Gift of the Givers)Would you like to use this article in your publication or on your website? See Using Brand South Africa material.last_img read more

Brady, Belichick donate to J.J. Watt’s hurricane relief fund

first_imgE.T. returns to earth, reunites with grown-up Elliott in new ad  Read Next Brace for potentially devastating typhoon approaching PH – NDRRMC Lucky 13: Lyceum clinches Final Four seat, remains unbeaten LOOK: Loisa Andalio, Ronnie Alonte unwind in Amanpulo for 3rd anniversary BSP sees higher prices in November, but expects stronger peso, low rice costs to put up fight LATEST STORIES Don’t miss out on the latest news and information. Citibank donates $1M for ‘Yolanda’ rehabilitation PLAY LIST 01:42Citibank donates $1M for ‘Yolanda’ rehabilitation02:48Duterte to Roxas: Where are the billions of Yolanda funds?02:16Relief efforts intensify in ‘Yolanda’ affected areas01:37Protesters burn down Iran consulate in Najaf01:47Panelo casts doubts on Robredo’s drug war ‘discoveries’01:29Police teams find crossbows, bows in HK university01:35Panelo suggests discounted SEA Games tickets for students02:49Robredo: True leaders perform well despite having ‘uninspiring’ boss02:42PH underwater hockey team aims to make waves in SEA Games Frontrow holds fun run to raise funds for young cancer patients  Fire hits houses in Mandaluyong City Kammuri turning to super typhoon less likely but possible — Pagasa Nonong Araneta re-elected as PFF president Tom Brady #12 of the New England Patriots reacts before a preseason game with the New York Giants at Gillette Stadium on August 31, 2017 in Foxboro, Massachusetts. Jim Rogash/Getty Images/AFPFOXBOROUGH, Massachusetts (AP) — Patriots quarterback Tom Brady has donated $100,000 to the Hurricane Harvey relief fund started by Texans pass-rusher J.J. Watt, and New England coach Bill Belichick has pitched in $50,000.Watt called the donations “incredibly kind gestures (that) … show what type of people they are.”ADVERTISEMENT MOST READ Harvey slammed South Texas with torrential rain that flooded parts of Houston and nearby cities, forcing thousands to evacuate their homes. Watt initially hoped to raise $100,000 but blew through that goal on his way to $37 million.Brady says he has a lot of friends in Houston. “I think everybody was pretty touched by what happened,” he said.FEATURED STORIESSPORTSWATCH: Drones light up sky in final leg of SEA Games torch runSPORTSSEA Games: Philippines picks up 1st win in men’s water poloSPORTSMalditas save PH from shutoutThe Patriots play the Texans on Sunday in New England. View commentslast_img read more

2017 NTL Referee Upgrades

first_imgLevel 6OpenTim Ah SeePhilip BalcombeChristopher BensteadPatrick CostiganJake DavisJustin HillDean MacDonaldRobert McKayAlexander McCahonAdam TurnerAndrew WatkinsAlison WattersNicole WestAndrew YonSeniorPeter CrampIvan GiammarcoJoshua LittlePaul RichardsonDavid TewkesburyJohn Viklund Monday, March 20, 2017Congratulations to the following referees on receiving upgrades at the 2017 National Touch League.Level 4OpenTess LeahyJack Van Lohuizen 2017 NTL Referee Upgradescenter_img Level 5OpenMatt ButlerAlec ClarkIsaac CossonVince CostiganMike EllisLachlan FreshwaterBen HarrisAdam HoganMitchell KennedyPatrick MoranJonathon PowyerBenjamin RogersLawren SullivanSeniorAnthony BradleyCraig ButlerSimon BernieJohn ClarkPaul KeyteMike KenderesJoe MercuriMark MontgomeryGregory OatenBrendan O’FlynnDarren Tomslast_img read more

Tertiary Students Urged to Help Find Solutions to Social Issues

first_img State Minister in the Ministry of National Security, Senator the Hon. Pearnel Charles Jr., is challenging tertiary-level students to use their talents to assist in finding solutions to social problems. Story Highlights “They don’t have the freedom that you have. We are trying our best to give them hope and to be reintegrated in our community without having to feel that they have to go back to the gangs,” he pointed out. “As youngsters who have been given an opportunity to be educated at the tertiary level, don’t sit back, because they (criminals) will take over. Do not keep quiet, because they will get louder,” he noted. State Minister in the Ministry of National Security, Senator the Hon. Pearnel Charles Jr., is challenging tertiary-level students to use their talents to assist in finding solutions to social problems.Addressing a youth forum on Tuesday (January 23), at the University of the West Indies (UWI) Mona Campus in St. Andrew, he encouraged the young people in attendance to use their education to shape the society that they desire.“As youngsters who have been given an opportunity to be educated at the tertiary level, don’t sit back, because they (criminals) will take over. Do not keep quiet, because they will get louder,” he noted.Senator Charles said they could play a role by contributing to the Ministry’s ‘We Transform Jamaica’ initiative aimed at the rehabilitation and reintegration of young offenders.“They don’t have the freedom that you have. We are trying our best to give them hope and to be reintegrated in our community without having to feel that they have to go back to the gangs,” he pointed out.He advised them to go to Facebook and sign up for the programme. “We are giving you a platform to play a role for change,” he said.The youth forum, dubbed ‘Creating Awareness Through Revolutionary Entertainment (CARE)’ was organised by ProChangeJa, a non-profit organisation set up to help needy students in communities within the vicinity of the UWI.It included presentations from the Ministry of Health and several organisations that are working in vulnerable communities.Topics addressed included mental health, development through sport, domestic violence, paediatric cancer, autism awareness, corruption, youth and crime, schooling versus education, and teenage pregnancy.last_img read more

Halifax taekwondo coach suspended after student disciplined with cane

first_imgHALIFAX – A Halifax taekwondo coach has been suspended after a 17-year-old student was struck with a cane as discipline.Halifax police say they investigated a report of an assault at Woo Yong’s Taekwondo Academy in January, and determined an instructor had disciplined a student with a cane.“The youth did not require any medical attention and did not he suffer physical injuries,” said Const. Carol McIsaac.She said police closed their probe on Feb. 4 with no charges being laid.However, the Maritime Taekwondo Union, the regional sanctioning body, has suspended master Woo Yong Jung’s coaching credentials pending its own probe.“The MTU has very clearly defined rules and policies around how we are to interact with our students and interact with the community,” said MTU president Doug Large. “We as masters and instructors take those principles very seriously.”Jung’s lawyer, Jason Gavras, said in a statement that “Master Jung, the student who was disciplined and his family are quite surprised that this matter has become a story. They considered it largely a non-event and closed long ago.”The MTU launched its own investigation after the complaint was brought to its attention on Jan. 15.The organization immediately suspended Jung from coaching at local and national taekwondo events.When completed, the results of its investigation are to be turned over to a three-member panel said to consist of legal and medical professionals who are far removed from the taekwondo community. The MTU’s disciplinary measures range from dismissal of the complaint to permanent expulsion from the organization.“I think the entire event is unfortunate but we as an organization have no options,” said Large. “It has to be dealt with, it has to be addressed. We have a responsibility to all of our members and a responsibility to uphold the policies that we’ve set.”A letter of support from the Woo Yong TKD Parent Association said the situation has been blown out of proportion.“I have absolutely no concern when it comes to the safety and security of my children when they are in master Jung’s care,” said the association’s chairman, Byron Kendall.“My son … was present at the academy in early January when the initial incident occurred between master Jung and one of his older students. My son, who did not witness the incident but was within earshot of it, heard the incident and understood what was happening but knew that there was no danger to him or any of the other children.”Large said he has known Jung for a long time and said their relationship has been a tumultuous one but denied any of his previous experience with the suspended instructor contributed to the complaint and ensuing investigation.“Master Jung was my master instructor for the first half of my practice,” he explained. “He and I had a falling out a number of years ago and have reconciled.”“None of what has happened has been anything more than a response to his actions in his club and his decision-making process,” Large explained.(Global News, The Canadian Press)last_img read more

Passenger Transportation Board expected to rule on Greyhound application to stop serving

first_imgThe company has called on the provincial government to subsidize intercity bus travel, similar to the subsidies provided to municipal transit. VICTORIA, B.C. — The Passenger Transportation Board of B.C. is expected to deliver its decision today on Greyhound’s application to cease service on four Northern B.C. routes.Last August Greyhound Canada announced that it was planning to cut nine routes across the province, including the Dawson Creek – Whitehorse and Prince George – Dawson Creek routes. The company is also seeking to greatly reduce service on other routes in Southern B.C. after saying that many of its routes are no longer profitable.During a series of public hearings on the application, Greyhound said it is losing $35,000 per day, which works out to a loss of nearly $13 million per year. Greyhound Canada’s lawyer David Blair explained during a hearing in Fort St. John that the only reason the company has been able to serve rural and remote communities is by also maintaining licenses on more profitable routes.last_img read more

Merge LVB with PSU bank Dont let IBH buy it Bank staff

first_imgChennai: Citing the Rs 30,000 crore public deposits in Lakshmi Vilas Bank (LVB), the All India Bank Employees’ Association (AIBEA) has demanded its merger with a public sector bank (PSU) than be acquired by Indiabulls Housing Finance Ltd (IBH). In a letter to the Governor of Reserve Bank of India (RBI) on Sunday, AIBEA General Secretary C.H. Venkatachalam said: “Taking into account the fragile health of Lakshmi Vilas Bank Ltd., it is necessary for the RBI to take a holistic view and merge it with one of the public sector banks in public interest instead of allowing LVB to merge with IBH.” Also Read – Thermal coal import may surpass 200 MT this fiscal”The Bank may be a private bank but the deposits in the bank (Rs 30,000 crore) belongs to the people at large and is public money,” he added. Venkatachalam said, it is already known that IBH had applied for banking licence to start a Bank on its own but the same was not sanctioned by the RBI. “Having failed to get a banking licence, it is now found that IBH is trying to become a bank by merging LVB with itself. This is obviously a short-circuit method by IBH,” he said.last_img read more