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Cardona said none of the injuries suffered were life-threatening and all casualties had been taken to hospital. The Lombardy region’s health department put the number of injured at 31.”It could have been a lot worse,” Cardona said, adding that there were only 33 people on board the train. Only one person was in the first car and two people in the second when the accident occurred, he said.While noting that all possible causes were being investigated, Lodi prosecutor Domenico Chiaro said that “the train derailed near a railroad switch that was supposed to be in a position but was not.”‘Really loud roar’ “I thought I was dead,” a survivor told local newspaper Liberta from hospital in Piacenza where he was being treated for minor injuries. “I closed my eyes and prayed.””The train was going very fast, perhaps 300 kilometres per hour (around 200 miles per hour),” said the unnamed man in his 20s.”Suddenly, I felt a violent blow. A really loud roar,” said the man who was travelling with a friend in the second carriage.”We held hands tightly to avoid falling. The wagon overturned and while waiting for help we went out through a hole to save ourselves,” he said, adding that they were stuck on the crashed train for 15 minutes.Two helicopters, hundreds of firemen, police and other authorities descended on the open farmland area outside of Lodi. Ripped metal The Milan-Salerno train was en route to Bologna when it came off the tracks before dawn. Video images showed ripped metal at the front of the first car, where the engine separated from the train. The first car was flipped on its side and appeared to be still attached to the rest of the train. The engine car could be seen resting on its side on the other side of a nearby railway building several dozen metres away.According to initial findings reported by the media, the engine went off the rails and struck a freight wagon on a parallel track before hitting the building.Italian media reported that work had been done on the track on Wednesday night, but Cardona said it was premature to jump to conclusions on a link between that work and the accident.”Line maintenance is done continually and it’s much too early to associate the accident to maintenance,” he said.Dozens of high-speed trains on the north-south route were cancelled following the derailment, while other trains were rerouted, adding an hour to the journey, operator Trenitalia said.Railworker unions said they would stage a strike throughout Italy on Friday from 1100 GMT to 1300 GMT in protest at the “very serious and unacceptable” accident.Italy’s last serious train accident occurred in January 2018, when three women died and about 100 passengers were injured when a packed train derailed near Milan due to poor track maintenance. Managers and employees of Italy’s state railway, RFI, as well as two former members of the national railway safety agency were charged with negligent homicide and other crimes.Topics : Two rail workers were killed and about 30 people injured on Thursday when a high-speed train derailed before dawn near Milan in northern Italy, authorities said.The crash occurred just after 5:30 am (4:30 GMT) near the town of Lodi, about 50 kilometres (30 miles) south of Milan. “It was a serious accident that had a tragic end with the death of two rail workers” aboard the train, Lodi Prefect Marcello Cardona told reporters, who added that an investigation was underway.
The draft bill scraps all provisions on central bank independence and gives the government voting rights on monetary policy. Central bank independence was enforced by law in the wake of the 1998 Asian financial crisis to ensure a prudential central bank for the country.The bill also expands the central bank’s mandates as managing the rupiah exchange rate, managing inflation, boosting economic growth and contributing to sustainable job creation. The prevailing laws stipulate only the first two mandates.Economists said legal reform to expand the central bank’s mandate was necessary to ensure that the central bank could face the challenges of recent developments in the global economy. They warned, however, that the proposed revisions would curtail BI’s independence and macroprudential capacity.Read also: ‘Bill will push central bank into dark age’: Experts voice concerns over BI Laws revisionIn addition, Sri Mulyani said the government wanted the central bank to continue buying government bonds through auctions until 2022, citing the uncertainty over when the coronavirus pandemic might end.“The burden sharing scheme will continue until 2022, in which BI will be a standby buyer of sovereign debt papers in [direct] auctions,” she said.Sri Mulyani, however, ruled out the possibility of another bond-buying scheme by BI through private placement, which she said was a “one-off policy” for this year only.The government and BI have agreed to a US$40 billion debt monetization scheme for just this year to fund the COVID-19 response, under which the central bank is to buy up $28 billion in government bonds while shouldering the debt burden.The government was pursuing systemic financial reform to strengthen its crisis management capacity to more effectively address issues in the financial industry, Sri Mulyani said.Read also: Looking closely at Bank Indonesia’s dilemmaThe reform effort looks to smooth the flow of data and information between members of the Financial System Stability Committee (KSSK) and review macroprudential and microprudential supervision, the responsibility for which respectively resides with BI and the Financial Services Authority (OJK).The four members of the KSSK, a crisis management task force, are the Finance Ministry, BI, the OJK and the Deposit Insurance Corporation (LPS).Topics : In response to concerns among economists and market players regarding proposed revisions to legislation on the central bank, Finance Minister Sri Mulyani Indrawati pledged on Sept. 4 that the government would maintain a credible and independent Bank Indonesia (BI) to maintain stability and market trust.Monetary policy must “remain credible, effective and independent” going forward, the minister stressed, reiterating President Joko “Jokowi” Widodo’s statement earlier last week. Read also: Experts warn of moral hazard, uncertainty as House plans to let BI supervises banks“The government has not yet discussed the revision to the BI laws that was initiated by the House [of Representatives],” she said at a virtual press briefing last Friday.“The President’s statement is clear that monetary policy must remain credible, effective and independent,” Sri Mulyani said, citing Jokowi’s pledge during a foreign press briefing on Sept. 1.The House Legislation Body (Baleg) has proposed a bill that revises the 1999 and 2004 laws on the central bank in the biggest legislative shake-up for the monetary authority since 1999.
Stuff 6 Jan 2012Getting high Downunder is more common than anywhere else in the world, according to new research. New Zealanders and their Australian neighbours have been found to have higher levels of marijuana and amphetamine use than any other region. The findings, part of a study examining global drug use and law enforcement, will be published in the medical journal The Lancet today, according the to the West Australian newspaper. The study found that up to 14.8 per cent of Oceania’s population aged between 15 and 64 used cannabis in 2009, while up to 2.8 per cent used amphetamines, west.com.au said. Globally, cannabis was found to be the most widely used illicit drug, with an estimated 155 – 250 million users, and heroin and other opiates were found to cause the most harm. Study author Professor Wayne Hall, of the University of Queensland’s Centre for Clinical Research, told the newspaper the most common harms resulting from illicit drug use were found to be drug dependence, overdose deaths, accidents, violence, HIV and other blood-borne infections.http://www.stuff.co.nz/national/health/6221097/Downunder-drug-use-high
BusinessLifestyleLocalNewsRegional LIAT to be Liquidated and New Airline to be Formed by: – June 29, 2020 Sharing is caring! 114 Views no discussions Share The Prime Minister of Antigua and Barbuda Gaston Browne has announced Caribbean airline LIAT would be liquidated following a series of unsuccessful months due to COVID-19. The airline, based in Antigua, will be formed into a new entity that will provide vital connections between the Caribbean islands.The decision was announced and shared with local media outlets on June 27th. It comes after months of losses due to the coronavirus alongside a particularly unprofitable 2019.Last year, the airlines recorded a loss of EC$12m (US$4.4m). While it may have hoped to recover this year, LIAT could not have foreseen the scale of the coronavirus. In May, it said it needed US$5.4m to recover. There was a spell of hope for investment from Richard Branson, which later turned out to be bogus.It goes without saying that the coronavirus has been kind to very few if any, airlines. Small regional carriers like LIAT are now feeling the pinch after months of parking their aircraft and paying staff. Unfortunately, for LIAT, the toll was just too much.The airline is currently awaiting a stakeholder review where its fate will be decided. The hope is that a new carrier can rise from LIAT’s ashes to bring vital connectivity within the Caribbean.In a local radio interview in Antigua, Gaston Browne spoke confidently about the need for a new airline to be formed in Antigua. It’s essential. As an island in an archipelago, connectivity is vital, and allowing LIAT to collapse without investing in an alternative is non-negotiable.At this point, the Prime Minister hopes that the LIAT brand can be restored on a revamped carrier. According to Barbados Today, Browne said in a local radio interview that, “We should not be running away from the name LIAT. LIAT is a Caribbean institution built by Caribbean people of which we should be proud.”However, realizing that ideal is fraught with difficulties. In the interview, Browne’s cautionary approach was evident. Currently, four Caribbean isles own LIAT; Barbados, Antigua and Barbuda, St. Vincent and the Grenadines, and Dominica. Should that continue to be the case for the new carrier, it will be challenging to determine the best course of action for the airline. With each state following different agendas, it will be better for the new LIAT to have even stronger leadership this time around.However, while the promise of a new airline is where everyone wants to focus their interest, there are a few loose ends that need tying up first. For starters, how will LIAT manage its employees? Having made a loss in 2019 and owning very few planes, there are very few avenues where money can be recouped.Of course, paying staff is a priority, but currently, it is unclear exactly how the airline will be able to manage. Hundreds of jobs will be lost in the collapse that will not be recovered. While LIAT will need to come back stronger than ever, it must also be smaller to adapt to the current climate.Bankrupt regional carrier LIAT owes its staff some $94 million in severance and holiday payment, which the chair of its shareholder governments, Prime Minister Ralph Gonsalves, said it is unable to pay.“Because even though they laid off about 500 workers, they kept on a staff of about 168 across the network. Then, for maintenance of the aircraft, insurance, repatriation of staff and health insurance coverage and rental of office equipment, utilities, that number comes up to about EC$10.8 million. And then you have about –their paid booking at May 2020, LIAT had paid bookings of US$4.3 million outstanding.“Now, these are things which the liquidator would have to deal with. But severance payment in total, for all the workers, as per the existing collective agreements, which is not necessarily what the law of Antigua would specify but I am taking the law of Antigua in relation to insolvency, the number may be smaller, but if you are dealing with just the existing collective agreements, you’re looking at 83.9 million in severance payment and there are people who have vacation pay and for all the countries, it’s another $10 million in vacation pay, so you are talking about $93.9, call it $94 million,” Gonsalves said.He said LIAT is “insolvent, LIAT doesn’t have any assets to pay anybody anything.The prime minister said that the Caribbean Development Bank owns three of the aircraft that LIAT operates and has a priority charge on them and the remaining seven planes are leased.The airline services 15 destinations, from Puerto Rico to Guyana. Share Share (SKN Observer/iWNSVG) Tweet
The Lady Wildcats ended their regular season undefeated! They travelled to Liberty Country Club to take on Union County and Connersville. FC 176, UC 189, Connersville 206.Dana Branstetter was able to shoot a score of 39 and claim medallist honors once again. Other Lady Cats Scoring. Kendyl Brack – 45, Abby Orschell – 50, Maggie Brack – 42, Gracie Graf – 62, Ashlan Hill – 55.“I’m so proud and excited for this team. We were able to beat two solid teams tonight and remain undefeated on the season. Dana was able to claim medallist honors which also made her undefeated in dual meets on the season. This team has a lot to be proud of and I can’t wait to see what they do in the post-season.” Wildcats Coach Marisa Mears.
By Mike McGuireDAVENPORT, Iowa (May 11) – Matt Ryan collected his first Petersen Plumbing & Heating IMCA Late Model feature win of the season at Davenport Speedway on Friday night.Ryan wrestled the lead from Chad Holladay on lap seven and led the rest to the checkers. Lapped traffic and a caution flag gave Holladay a couple chances to get to Ryan’s bumper but he had to settle for second. Rob Toland finished a close third.Toland rolled to his second Eriksen Chevrolet IMCA Modified feature win of the season at Davenport. After an opening lap incident, Toland moved up to the front row for the restart. That was all Rob needed. Toland sped away from the field and cruised to an easy victory. Bryce Garnhart finished second with Chris Zogg third.Dustin Schram won his first Hawkeye Auto IMCA SportMod feature this year. Andrew Burk edged out Brandon Setser for second.
RelatedPosts Bayern Munich fans undergo Super Cup coronavirus tests Vidal lands in Milan to complete move from Barca to Inter Whirlwind Bayern Munich dismantle Schalke in season opener Former Arsenal manager, Arsene Wenger, has been appointed as FIFA’s new chief of global football development.The Frenchman is set to oversee the growth of the sport plus technical matters, the soccer’s world governing body said on Wednesday.The 70-year-old was recently linked with the Bayern Munich job following the sacking of Niko Kovac but said that while he was approached he was never a candidate for the job.Wenger will be the leading authority on technical matters on FIFA’s Football and Technical Advisory Panels involved in the International Football Association Board review and decision-making process on potential changes to the game’s laws.He will also be the chair of a technical study group.“I look forward to taking on this important challenge, not only because I have always been interested in analysing football from a broader perspective but also because FIFA’s mission… is truly global.“I believe that the new FIFA we have seen emerging in recent years has the sport itself at the heart of its objectives and is determined to develop the game in its many different components.“I know I can contribute to this objective and will put all my energy into this,” Wenger said in the FIFA statement.Wenger will also focus on educating coaches and contribute to the development of an executive programme that will help former professionals enter management.Wenger left Arsenal in May last year after a reign of 22 years during which he redefined the Premier League club and became their most successful manager.He led the Gunners to three Premier League titles — including in 2003-04 when his ‘Invincibles’ team went unbeaten for an entire season — as well as seven FA Cups and took Arsenal into the Champions League for 20 years in a row. Tags: Bayern Munich
RelatedPosts Fulham keen on Lookman loan deal EPL: Calvert-Lewin treble fires Everton past West Brom EPL: Everton set to compound West Brom woes Sheffield Wednesday is believed to have shown interest in another young Premier League talent, with Korede Adedoyin believed to have made it onto their radar.The 19-year-old is currently available as a free agent after his exit from Everton at the end of the 2019/20 season, and he fits the “young, hungry and dynamic” profile that Owls boss, Garry Monk, has spoken of in terms of potential targets. Adedoyin, who spent some time on loan with Hamilton Academicals last season, is thought to be on the lookout for an opportunity to get some regular game time under his belt after leaving the Toffees, and the Star understands that the Owls are one of a number of clubs to have shown an interest.Having been with Everton since the age of 10, the teenage attacker has a good record at youth level, scoring 24 goals in 47 games for the club’s U18s prior to his exit a couple of months ago, and is being watched by the Nigerian FA as a potential future recruit for the Super Eagles.It remains to be seen at this point in time whether SWFC’s interest will manifest into anything more than that, however he could be seen as another exciting addition to Monk’s setup alongside fellow new signings, Chey Dunkley and Fisayo Dele-Bashiru.Adedoyin has played in a variety of positions during his progression through the ranks in Merseyside, but is predominantly used as a winger or striker.Tags: EvertonHamilton AcademicalsKorede AdedoyinSheffield Wednesday