Tej, Jallouz and Bannour to lead Tunisia in Rio 2016!

first_imgRelated Items:Handball in Rio 2016, rio 2016 handball, Tunisia, tunisian handball ShareTweetShareShareEmailCommentsThe quarter-finalists of the last Olympic tournament in London 2012, Tunisia, suffering defeats on European tour where they lost matches against Germany and Slovenia (twice), but head-coach Hafedh Zouabi looking forward to upcoming Olympic challenge.He announced a list of 14 players + substitution for Rio.Goalkeepers:Marouene Megayez and Makrem Missaoui (GB),Wings:Oussama Boughanemi, Aymen Toumi, Oussama Hosny ,Back line:Amine Bannour, Aymen Hammed, Wael Jallouz, Mesbah Sanai, Mohamed Soussi, Mohamed Jilani Maarref, Sobhi Sayed,Line-players:Issam Tej, Marouene ChouirefReserve:Abdellah ben Salah Recommended for you Tunisia beat Chile to make Main Round battle more interesting Spain secure three points and sent Tunisia to President Cup Hungary wins on their second main round presentation Leave a Reply Cancel replyYour email address will not be published.Comment Name Email Website Save my name, email, and website in this browser for the next time I comment. Click to comment ShareTweetShareShareEmaillast_img read more

Auctions analysis

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Top news of the week June 1-6, 2015

first_imgLNG World News Staff KBR awarded FLNG FEED job by Lloyds EnergyLNG engineer KBR said that it has been awarded a near-shore floating LNG Front End Engineering Design contract by Lloyds Energy.CEO: Chevron to become one of world’s leading LNG producersOil and gas Giant Chevron is expecting to become one of the world’s leading producers of liquefied natural gas in the next five years.LNG-Gorskaya orders Russia’s first LNG bunker vesselsLNG-Gorskaya of Russia informed that is has signed a contract with United Shipbuilding Corporation for the construction of the country’s first three LNG bunkering vessels.Sempra LNG, Woodside to assess Port Arthur LNG projectSempra LNG, a unit of Sempra Energy, said it has executed a non-binding memorandum of understanding with a Woodside Petroleum unit to commence discussions and assessments for the potential development of Sempra LNG’s proposed Port Arthur liquefaction project in Port Arthur, Texas.IOC, Mitsubishi Corp in LNG supply dealIndian Oil Corporation informed an interim sales purchase agreement was signed with Mitsubishi Corporation for supply of 0.7 MMTPA of LNG for 20 years from the Cameron LNG project in the USA.last_img read more

BPCC women’s basketball team ready to make history

first_imgRussell [email protected] will be made in the Bossier Parish Community College gymnasium Monday night at 6 o’clock.That’s when the BPCC Lady Cavs will take the floor against the East Texas Flight in the first women’s basketball game in school history.“It’s real exciting to know that we are going to make history,” said BPCC freshman center Elena Greely, a former Bastrop High standout. “Every time somebody comes here they’re going to see our names, the first women’s basketball team.”Russell Hedges/Press-TribuneThe BPCC women’s basketball team practices Wednesday evening in the school’s gym. The Lady Cavs open the program’s inaugural season Monday night at home against the East Texas Flight.The 6-foot-2 Greely is connected to the rich history of women’s basketball in Northwest Louisiana. Her mother, Elinor Griffin, helped put the Louisiana Tech Lady Techsters program on the map in the late 1970s.The Bossier Press-Tribune broke the news that BPCC was adding a women’s team in April 2012.In September of 2012, the school hired John Rennie to run the program.Rennie hit the ground running and has put together what he believes is a solid team comprised of 13 freshmen and two sophomores.“Things have been going great,” he said. “I think the recruiting class we have brought in for a first-year program is a great recruiting class.”The Lady Cavs’ roster includes Jessica Ellis of 2013 Class 5A state champion Southwood and Rayville’s La’Dencia Ellis, who was named Louisiana’s Miss Basketball by  the Louisiana Sports Writers Association last season.Ellis is a 5-foot-1 playmaking guard who originally signed with McNeese State. She averaged 12.3 points, 7.1 assists and 3.8 rebounds for the Lady Cowboys last season and was named the Outstanding Player on the 5A All-State team.Johnson, a 5-10 post player,  led Rayville to its first 3A state championship last season. She averaged 18.5 points, 13.5 rebounds and seven blocks.There are also five former Bossier Parish prep players on the roster — guard Jeannine Myles (Airline), guard Adrienne Rogers (Parkway), forward Shuntara Woods (Bossier), forward Shantel Briggs (Louisiana New Tech at Plain Dealing) and forward I’mUnique Bryant (Airline).All told, 14 of 15 players are from Louisiana.“I like having the local girls with us,” Rennie said. “Hopefully we’ll be able to expand a little bit and add some more Texas girls over the next few years. There’s a lot of talent over there.”Rennie has one assistant coach, Yolanda Cooper. An assistant professor in the Liberal Arts division at BPCC, Cooper has eight years of experience coaching high school and AAU basketball.The Lady Cavs been practicing together since last August.“It’s been going good,” Myles said. “We’ve been working hard and pushing it every day. We’re really ready for the season. We’ve been coming in every morning and pushing it to our best. We’ve been doing good so far.”BPCC has had a couple of scrimmages, but Rennie said his players are eager to see what they can do in an actual game with fans in the stands.“The girls have been working hard since we started,” he said. “They’re excited. They’re ready to start playing other teams regularly.“It will be exciting to see what happens as the season progresses, to see how each of them improve as individual players and how we improve together as a team as well.”Rennie expects the team to be competitive, but he doesn’t want to make any predictions. Benchmarks for success in a first-year program are obviously different from those of established ones.Like the BPCC men’s team, the Lady Cavs will play in a very tough NJCAA Region XIV conference.“Honestly, it’s hard to say for sure because it’s kind of an unknown for us right now,” he said. “Thirteen of our 15 girls are freshmen. We don’t have a whole lot of experience playing at the college level.“Our conference is just solid. It’s very strong. I think we’ll be very competitive and I think we’re going to surprise some people. How many wins, how many losses? That’s hard to say. I definitely think we’ll surprise some people and should be pretty competitive.”Myles also expects the Lady cavs to be competitive with their up-tempo style of play.“We’re going to work and get down the court,” she said. “We’re going to be a fast-paced team. We don’t quit or anything like that.”Rennie is well aware of the strong tradition of women’s college and girls high school basketball in this part of the state.That’s one of the reasons he wanted to be the one to start the program at BPCC.“For me, one of the most exciting things about getting this job and being part of it, just the talent that is in this area and the rich women’s basketball heritage in this area. There’s so much — from the Lady Techsters on to the high school level. How many state championships have come out of Shreveport-Bossier over the last 20 years?”Rennie said he has faced some challenges. Last season, he found it somewhat frustrating to have to sit in the stands and watch games as he was putting together the team.“It’s been a learning experience throughout and will continue to be,” he said. “There’s some things we know we want to do a little bit differently staring the school year off next year, recruiting-wise. You should always be learning on the job and that’s what we are going to continue to do from all aspects of the program.”Premier Diamond BoutiqueHong Kong’s first lab-grown diamond empirePremier Diamond Boutique|SponsoredSponsoredUndoInstant Voice TranslatorInstant Voice Translator (43 Languages) Takes Hong Kong By StormInstant Voice Translator|SponsoredSponsoredUndoPerfect-Dating.comAre You Ready to Meet Cool Guys in Tung Chung?Perfect-Dating.com|SponsoredSponsoredUndoStanChart by CNBC CatalystBlockchain Is Changing the Game for Trade Financing. Here’s How It’s Driving Future Global Trade.StanChart by CNBC Catalyst|SponsoredSponsoredUndoStrategyCombatIf you own a Computer, then you have to play this Game. No Install.StrategyCombat|SponsoredSponsoredUndoDating.comTop Successful Single Men in Tung ChungDating.com|SponsoredSponsoredUndolast_img read more

Debt Sustainability Analysis of Guyana’s Public Debt

first_imgThe real effects of debtEmpirical evidence suggests that high levels of debt are bad for growth and economic activity in industrial economies. To this end, when sovereign debt reaches 85 per cent of GDP, further increases in debt may begin to have significant impacts on growth. Countries with too much public debt may be potentially trapped in a debt overhang situation, which could lead to a default condition.The highlighted key debt indicators presented above reveal that the current level of the total public debt is deemed manageable, healthy and sustainable, with adequate leverage for additional borrowings, if need be, provided that all other variables remain constant, or relatively unchanged within the current macroeconomic framework. Notwithstanding this, the central Government needs to manage its expenditure more responsibly. There is sufficient evidence in the public domain with respect to Government’s spending to corroborate this position — that Government has incurred, in some cases, unnecessary and exorbitant expenditure.In concluding today’s piece, this assertion is supported by the fact that the one indicator that should lead to a more proactive approach in the management of the economy is the state of the country’s international reserves and net foreign assets held by the banking system. This outcome cannot be ignored, as it could have severe adverse implications not only for the economy overall, but also for the public debt management framework. It means that, with the steady depletion of international reserves and net foreign assets, the country would inevitably default on its external debt servicing obligation, especially as adequate foreign exchange may not be available to do so and to accommodate international trade. Imported goods would therefore become more expensive and/or the country may not have the capacity to import certain goods and services due to shortage of foreign exchange. Inflation would increase, and the currency is likely to depreciate further.These are just a few of the consequences that could occur. Therefore, the risks highlighted herein and the situation with the nation’s international reserves need to be arrested now, to avert the risk of a depressed economy. Today’s article focuses on analysing Guyana’s Sovereign Debt Sustainability position. In the Bank of Guyana’s Annual Report for 2018, it was reported that the total stock of Government’s debt increased by 1.5 per cent, representing 43.9 per cent of GDP. Table 1 below shows the breakdown and computation of how this level of Debt-to-GDP ratio was derived. That is, total domestic debt plus total external debt gives rise to 353.5 billion dollars (using an exchange rate of 208.5 for the external debt). Using the total debt figure of 353.5 billion dollars as the numerator and GDP in nominal terms of $805B as the denominator, this will give rise to 43.9 per cent.However, this analysis shall focus on two important elements which this computation did not consider. Firstly, Government’s total debt of $353.5 billion did not consider the $30 billion bond which is a contingent liability for the Government, and also did not consider the $55.2 billion overdraft balance, which is also a form of borrowing, at the Central Bank. As can be seen from table 2, therefore, when adjusted to include these two other forms of debt, Government’s total debt in real terms is in fact $438.7 billion, rather than 353.5 billion as reported in the official reports. This effectively means that the total sovereign debt is understated in real terms by $85.2 billion.The second factor that is critically important when analysing Guyana’s Sovereign Debt, in particular, is that it is typically measured as a percentage of GDP in nominal terms, rather than real terms. To this end, nominal GDP for 2018 was reported at $805 billion, while real GDP is about $689 billion.Using the adjusted total public debt of $439 billion, the adjusted debt-to-GDP ratio is 54.53 per cent, instead of 43.9 per cent in nominal terms. It is more prudent, when contextualising these numbers, to use real figures, as opposed to nominal figures; as, given the unique nature of Guyana’s economy and its structure, these are important considerations one must not ignore as macro-financial analysts.last_img read more